Fauji Fertilizer Limited

2013
2012
Financial Performance / Profitability
Gross profit margin
EBITDA margin to sales
Pre tax margin
Net profit margin
Return on equity
Return on capital employed
Operating leverage ratio
Operating Performance / Liquidity
Total assets turnover
Fixed assets turnover
Debtors turnover
Debtors turnover
Inventory turnover
Inventory turnover
Creditors turnover
Creditors turnover
Operating cycle
Return on assets
Current ratio
Quick / Acid test ratio
Cash to Current liabilities
Cash flow from Operations to Sales
Capital Market/Capital Structure Analysis
Market value per share
Err:509
- Year end
- High during the year
- Low during the year
Breakup value / Net assets per share
Earnings per share (pre tax) - restated
Earnings per share (after tax) - restated
Earnings growth - restated
Price earning ratio - restated
Market price to breakup value
Dividend yield / Effective dividend rate
Debt : Equity
Weighted average cost of debt
Interest cover
Change in Market Value Added
Financial leverage ratio
Corporate Distribution & Retention

%
%
%
%
%
%
Times

46.36
42.74
39.50
27.03
80.05
68.41
1.11

Times
Times
Times
Days
Times
Days
Times
Days
Days
%
Times
Times
Times
Times

Rs
Rs
Rs
Rs
Rs
Rs
Rs
%
Times
Times
%

1.10
4.04
34.55
11.00
188.00
2.00
144.48
3.00
10.00
29.68
0.77
0.66
0.38
0.34

117.14
111.96
121.60
100.00
19.77
23.12
15.83
(3.48)
7.07
5.64
13.77
15:85

%
Times
%
%

10.08
39.91
(4.85)
0.51

48.47
44.99
41.78
28.07
80.96
70.38
3.73

1.23
4.15
40.20
9.00
151.68
###
60.99
6.00
5.00
34.38
1.14
1.01
0.61
0.25

149.54
117.14
190.95
105.75
20.26
24.41
16.40
(7.24)
7.14
6.22
12.29
13:87
12.47
32.08
18.35
0.40

Dividend per share - Interim cash

Dividend per share - Proposed Final
Total dividend per share - cash
Dividend payout - Interim cash
Dividend payout - Interim & Proposed cash
Bonus shares issued
Proposed bonus issue
Total dividend per share - bonus
Total dividend - cash & bonus
Total dividend payout - cash & bonus
Dividend cover ratio
Retention (after interim cash)
Retention (after interim & proposed cash )

Rs
Rs
Rs
%
%
%
%
%
%
%
%
%
%

11.35
4.00
15.35
71.72
96.99
153.50
96.99
103.13
28.28
3.01

10.50
5.00
15.50
64.04
94.53
155.00
94.53
105.81
35.96
5.47

izer Limited
2011

ENGRO FERTILIZER
2013
2012
2011

Fauji Fertilizer Bin Qasim Lim

2013

62.20
63.64
60.06
40.73
99.17
88.60
4.12
94.5
0.99
3.24
248.18
1.00
162.43
2.00
33.45
11.00
(8)
40.50
1.04
0.93
0.38
0.35

125.86
149.54
198.35
109.82
26.75
26.07
17.68
103.92
8.46
5.66
16.51
10:90
14.50
43.20
48.86
0.58

14.75
5.25
20.00
55.62
75.42
50.00
50.00
250.00
94.27
70.72
44.38
24.58

uji Fertilizer Bin Qasim Limited

2012
2011

Industry Average
2013
2012
2011

EQUITY
Share capital 4 6,785,271 4,934,742
Capital reserve 5 160,000 160,000
Revenue reserves 6 6,137,171 7,190,471
13,082,442 12,285,213
NON CURRENT LIABILITIES
Long term borrowings 7 4,578,809 5,378,214
Deferred taxation 8 3,035,757 2,431,895
7,614,566 7,810,109
CURRENT LIABILITIES
Trade and other payables 9 8,002,897 5,993,674
Interest and mark up accrued 11 147,329 194,570
Short term borrowings 12 6,088,348 3,114,000
Current portion of long term borrowings 7 1,799,405 743,036
Taxation 1,816,595 1,778,361
17,854,574 11,823,641
38,551,582 31,918,963
CONTINGENCIES AND COMMITMENTS 13
The annexed

NON CURRENT ASSETS

Property, plant and equipment 14 13,993,518 12,730,813
Goodwill 15 1,569,234 1,569,234
Long term investments 16 7,727,528 7,744,779
Long term loans and advances 17 337,541 163,102
Long term deposits and prepayments 18 6,305 1,524
CURRENT ASSETS
Stores, spares and loose tools 19 2,996,633 3,034,268
Stock in trade 20 144,087 258,094
Trade debts 21 256,886 495,929
Loans and advances 22 130,219 136,944
Deposits and prepayments 23 37,653 107,369
Other receivables 24 734,062 1,233,479
Short term investments 25 6,768,568 3,511,563
Cash and bank balances 26 3,849,348 931,865

Base Unit-Goth Machhi(Plant-1) - Installed

- Enhanced
Expansion Unit-Goth Machhi(Plant-II)
Mirpur Mathelo Unit (Plant-III) (EX-PAKSAUDI Fertilizer Ltd.)
Plant III - Enhanced

6,785,271 4,934,742
160,000 160,000
137,171 7,190,471
82,442 12,285,213
RRENT LIABILITIES
578,809 5,378,214
035,757 2,431,895
614,566 7,810,109
RRENT LIABILITIES
002,897 5,993,674
1 147,329 194,570
088,348 3,114,000
1,799,405 743,036
816,595 1,778,361
54,574 11,823,641
51,582 31,918,963
ND COMMITMENTS 13
The annexed

1982
1992
1993
Installed 1980 Acquired By FFC 2002
2009

Ammonia
330000
73000
403000
363000

Urea
570000
125000
695000
635000

330000
83000
413000
1,179,000

574000
144000
718000
2,048,000

6,785,271
160,000 16
137,171 7,
82,442 12,
RRENT LIAB
578,809 5,
035,757 2,
614,566 7,
RRENT LIAB
002,897 5,
1 147,329
088,348 3,
1,799,405
816,595 1,
54,574 11,
51,582 31,
ND COMMITM
The annexe

4,934,742
0 160,000
7,190,471
2,285,213
ABILITIES
5,378,214
2,431,895
7,810,109
ABILITIES
5,993,674
9 194,570
3,114,000
5 743,036
1,778,361
1,823,641
1,918,963
TMENTS 13
e annexed

2013

EQUITY AND LIABILITIES

EQUITY
Share capital
Capital reserve
Revenue reserves
Surplus on remeasurement of
investments
available for sale to fair value
NON CURRENT LIABILITIES
Long term borrowings
Deferred taxation
CURRENT LIABILITIES
Trade and other payables
Interest and mark up accrued
Short term borrowings
Current portion of long term borrowings
Taxation

21,854,125
22,098
7,000,000
1,460,000
3,983,215
34,319,438
34,319,438

2012

2011

16,125,589
24,921
4,990,000
1,433,750
4,542,926
27,117,186

12,329,687
79,826
8,735,650
1,615,655
3,762,236
26,523,054

27,117,186

26,523,054

Installed
Capacity
'000' tonnes
Firm
Fauji Fertilizer Company Limited

Engro Chemical Pakistan Limited

Fauji Fertilizer Bin Qasim

Dawood Hercules Chemical Limited

Fatima Fertilizer/Pak-Arab Fertilizer Limited

Pak American Fertilizer Limited

Lyallpur Chemicals & Fertilizers Limited

Pak China Fertilizers Limited

Urea
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013

2,048
2,048
2,048

_x001B__x001E__x001B__x0017_

_x001B__x001E__x001B__x0015_

_x001B__x001E__x001B__x0015_

_x0015__x001E__x001B__x001B_
#E_x000B_5_x0017_-_x000E_
_x0017_#7%

_x0006_

_x001B__x001E__x001B__x0015_._x001C_.

_x001B__x001E__x0013__x001C__x001B__x0017__x0017_

_x001B__x001E__x001B__x001B__x0012__x001D__x001A_

_x001B__x001E__x001B__x0017__x001C__x001D__x001A_

_x001B__x001E__x001B__x001B__x0015__x0016__x0015_

_x001B__x001E__x001B__x001B__x001B__x001B_.

_x001B__x001E__x001B__x001B__x001B__x0015__x001B_

_x001B__x001E__x0016__x0013__x0017_._x001C_

Production
'000' tonnes
2,396
2,405
2,408

Sales
'000' tonnes
2,406.00
2,399.00
2,409.00

Sales
PKR

Plants Design Capacity

Plant 1 Goth Machi (Established: June 1982 Revambed:1992)
Ammonia
Urea
Plant 2 Goth Machi (Established: June 1993)
Ammonia
Urea
Plant 3 MirPur Mathelo (Ex. PakSaudi Fertilizer) (Established: Oct 1980 Acquired: Jul 2002 Capacity Enh
Ammonia
Urea
Total
Ammonia
Urea

Production
Plant 1 Goth Machi (Established: June 1982 Revambed:1992)
Ammonia
Urea
Plant 2 Goth Machi (Established: June 1993)
Ammonia
Urea
Plant 3 MirPur Mathelo (Ex. PakSaudi Fertilizer) (Established: Oct 1980 Acquired: Jul 2002 Capacity Enh
Ammonia
Urea
Total
Ammonia
Urea

Production capacity
Imports
Industry
Urea
DAP
Opening Stocks DAP
Closing Stocks DAP
Opening Stocks Urea
Closing Stocks Urea

Company
Urea
DAP
Opening Stocks DAP
Closing Stocks DAP
Opening Stocks Urea
Closing Stocks Urea

Produced
Industry
Urea (Metric
DAP (Metric
Company
Urea (Metric
DAP (Metric
Sold
Industry
Urea (Metric
DAP (Metric
Company
Urea (Metric
DAP (Metric

Tonnes)
Tonnes)
Tonnes)
Tonnes)

Tonnes)
Tonnes)
Tonnes)
Tonnes)

Market share
Urea
DAP
Gas Curtailment
EQUITY AND LIABILITIES
EQUITY
Share capital

Capital reserve
Revenue reserves
Surplus on remeasurement of investments
available for sale to fair value
NON CURRENT LIABILITIES
Long term borrowings
Deferred liabilities

CURRENT LIABILITIES
Trade and other payables
Interest and mark up accrued
Short term borrowings
Current portion of long term borrowings
Taxation

ASSETS
NON CURRENT ASSETS
Property, plant and equipment
Intangible assets
Long term investments
Long term loans and advances
Long term deposits and prepayments
CURRENT ASSETS
Stores, spares and loose tools
Stock in trade
Trade debts
Loans and advances
Deposits and prepayments
Other receivables
Short term investments
Cash and bank balances

Sales

Cost of sales
GROSS PROFIT
Distribution cost
Finance cost
Other expenses
Other income
NET PROFIT BEFORE TAXATION
Provision for taxation
NET PROFIT AFTER TAXATION

Depreciation
Amortization

Earnings per share basic and diluted (Rupees)

Dividend per share (Rupees)
Market price per share
Beginning of the year
End of the year
Highest during the year
Lowest during the year

CASH FLOWS FROM OPERATING ACTIVITIES

Cash generated from operations
Finance cost paid
Income tax paid
Payment to gratuity fund
Payment to pension fund
Payment to Workers Welfare Fund
Payment to Workers Profit Participation Fund net
Net cash generated from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Fixed capital expenditure
Proceeds from sale of property, plant and equipment
Interest received
Investment in Fauji Cement Company Limited
(Increase) / decrease in other investments
Dividends received
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Long term financing disbursements
repayments
Decrease in short term borrowings
Dividends paid
Net cash used in financing activities

Net increase / (decrease) in cash and cash equivalents

Cash and cash equivalents at beginning of the year
Effect of exchange rate changes
Cash and cash equivalents at end of the year

36.

CASH GENERATED FROM OPERATIONS

Net profit before taxation

Adjustments for:
Depreciation
Amortization
Provision for slow moving spares
Provision for gratuity
Provision for pension
Provision for Workers Profit Participation Fund
Provision for Workers Welfare Fund
Finance cost
Income on loans, deposits and investments
Gain on sale of property, plant and equipment
Exchange gain - net
Adjustment in WPPF relating to prior year charge
(Gain) / loss on re-measurement of investments - Held for trading
Dividend income

Changes in working capital

(Increase) / decrease in current assets:
Stores and spares
Stock in trade
Trade debts
Loans and advances
Deposits and prepayments
Other receivables
Increase in current liabilities:
Trade and other payables
Changes in long term loans and advances
Changes in long term deposits and prepayments
Changes in deferred liabilities

36.1

Cash flows from operating activities (direct method)

Cash receipts from customers - net

Cash paid to suppliers /service providers and employees - net

Payment to gratuity fund

Payment to pension fund
Payment to Workers Welfare Fund - net
Payment to Workers Profit Participation Fund - net
Finance cost paid
Income tax paid

Depreciation
Financial Performance - Profitability
Gross Profit Margin
EBITDA Margin to Sales
Pre Tax Margin
Net Profit Margin

%
%
%
%

Return on Equity
Return on Capital Employed
Operating Performance - Liquidity
Total Assets Turnover
Fixed Assets Turnover
Debtors Turnover
Debtors Turnover
Inventory Turnover
Inventory Turnover
Creditors' Turnover
Creditors' Turnover
Operating Cycle
Return on Assets
Current Ratio
Quick Ratio

%
%

Times
Times
Times
Days
Times
Days
Times
Days
Days
%

FAUJI FERTILIZER COMPANY

2013

403,000
695,000

2012

2011

403,000
695,000

###
###

363,000
363,000
635,000
635,000
ct 1980 Acquired: Jul 2002 Capacity Enhanced: 2009)
413,000
413,000
718,000
718,000

###
###

1,179,000
2,048,000

403000
695000

1,179,000
2,048,000

403000
695000

363000
363000
635000
635000
ct 1980 Acquired: Jul 2002 Capacity Enhanced: 2009)
413000
413000
718000
718000

1179000
2048000

1179000
2048000

###
###

1,179,000
2,048,000

403000
695000
363000
635000
413000
718000

1179000
2048000

12,722,382

12,722,382

8,481,588

160,000
12,258,373

160,000
12,877,129

###
14,029,206

10,508
25,151,263

7,695
25,767,206

10,258
22,681,052

4,280,000
4,078,369

3,870,000
3,915,259

2,703,750
3,623,060

8,358,369

7,785,259

6,326,810

21,854,125
22,098
7,000,000
1,460,000
3,983,215
34,319,438

16,125,589
24,921
4,990,000
1,433,750
4,542,926
27,117,186

12,329,687
79,826
8,735,650
1,615,655
3,762,236
26,523,054

67,829,070

60,669,651

55,530,916

18,444,188
1,651,592
20,662,532
740,408
2,654
41,501,374

17,818,755
1,678,639
9,511,865
700,756
5,111
29,715,126

2,447,452
636,923
86,669
431,582
53,852
3,656,478

3,244,645
301,957
700,541
921,460
46,984
790,163
18,960,295
1,361,651
26,327,696

3,098,938
442,139
3,611,476
677,977
35,670
588,667
18,750,996
3,748,632
30,954,495

2,447,452
636,923
86,669
431,582
53,852
891,673
21,794,480
1,293,774
27,636,405

67,829,070

60,669,621

31,292,883

74,480,611

74,322,612

55,221,168

39,948,572
34,532,039
6,167,280
28,364,759
756,215
2,557,935
25,050,609
4,367,941
29,418,550
9,284,000
20,134,550

38,300,128
36,022,484
5,553,529
30,468,955
999,457
2,685,236
26,784,262
4,267,852
31,052,114
10,191,987
20,860,127

1,627,957

1,370,050

20,871,759
34,349,409
4,372,151
29,977,258
785,825
2,654,881
26,536,552
6,629,501
33,166,053
10,674,000
22,492,053

15.83

35,783,891
(759,038)
(9,754,711)

16.40

31,758,990
(1,054,362)
(9,235,297)
(83,040)
(454,661)

17.68

33,121,687
(843,967)
(10,398,028)
(75,241)
(109,220)
(329,070)
(1,808,776)
19,557,385

33,166,053
1,189,678
36,772
115,634
222,162
1,780,493
663,321
785,825
(1,702,517)
(13,422)
(49,224)
42,373
(4,842,032)
(1,770,937)
31,395,116

(44,023)
(425,203)
271,287
(95,313)
(3,664)
(23,912)
2,115,458
1,794,630
(150,555)
(333)
82,829
33,121,687

54,129,431
(21,007,744)

(75,241)
(109,220)
(329,070)
(1,808,776)
(843,967)
(10,398,028)
19,557,385

ENGRO FERTILIZER
2013

2012

2011

##

12,228,000

10,728,000

2,129,894
10,711,278

11,144
5,058,883

25,069,172

15,798,027

25,069,172

15,798,027

50,128,936

30,626,520

31,352,880

28,007,905
22,121,031
3,511,155
18,609,876
8,669,569
2,660,915
7,279,392
1,104,650
8,384,042
2,886,847
5,497,195

20,765,773
9,860,747
2,499,982
7,360,765
10,703,246
988,756
(4,331,237)
379,443
(3,951,794)
(1,017,219)
(2,934,575)

14,620,022
16,732,858
2,245,094
14,487,764
7,643,994
1,131,396
5,712,374
1,164,479
6,876,853
2,288,567
4,588,286

4.66

(2.59)

4.28

FATIMA FERTILIZER
2013

2012
(Restated)

2011

21,000,000

21,000,000

1,790,000
###
9,968,958

1,790,000
6,157,854

32,758,958

28,947,854

22,647,450

27,023,742

22,647,450

27,023,742

55,406,408

55,971,596

FAUJI FERTILIZER BIN QASIM LIMITED

2013
Sona Urea

Sona DAP

2012
Restated

2011

744,436
224,477

772,801
226,139

38%

9,341,100

36%

9,341,100

22%

228,350
4,218,924

228,350
2,986,074

13,788,374

12,555,524

584,119
3,460,397

1,232,320
3,672,639

4,044,516

4,904,959

8,371,789
236,052
7,985,128
2,008,682
727,582
19,329,233

11,248,586
280,606
9,216,660
2,008,682
488,594
23,243,128

37,162,123

40,703,611

13,059,509
9,864,133
78,643
23,002,285

13,822,842
9,280
3,527,062
76,312
17,435,496

2,107,493
1,129,257
1,603,643
572,966
29,877
915,933
5,323,136
2,477,533
14,159,838

2,011,482
4,876,305
2,469,075
448,063
23,641
3,100,582
1,550,000
8,788,967
23,268,115

37,162,123

40,703,611

54,455,168

47,911,164

55,868,834

39,942,664
14,512,504
3,452,539
11,059,965
1,514,931
1,677,436
7,867,598
494,075
8,361,673
2,748,662
5,613,011

36,450,042
11,461,122
2,665,725
8,795,397
1,821,471
1,545,357
5,428,569
1,044,753
6,473,322
2,132,642
4,340,680

35,753,264
20,115,570
2,553,795
17,561,775
1,087,870
1,954,370
14,519,535
1,650,409
16,169,944
5,402,796
10,767,148

6.01

4.65

5.00

4.50

10.00

38.59
43.81
46.65
36.70

42.43
38.59
50.88
35.30

35.73
42.43
63.67
35.08

Sale (Met/Year)
Urea Production (Met/Year)
Years

Goth Machi

M.Mathelo

Plant-I

Plant-II

Plant-III

1982

325,452

1983

566,771

1984

589,258

1985

598,694

1986
1987

Total

Urea Domestic

Urea Export

Sona

FFC

325,452

267,641

566,771

493,339

42,000

589,258

474,439

140,772

598,694

521,898

78,957

594,901

594,901

581,683

65,237

632,079

632,079

587,891

1988

637,737

637,737

642,857

1989

632,972

632,972

678,430

1990

652,665

652,665

645,188

1991

629,266

629,266

643,608

1992

648,178

648,178

647,460

1993

657,376

477,339

1,134,715

1,176,611

1994

678,114

659,526

1,337,640

1,288,811

1995

680,062

700,031

1,380,093

1,422,666

1996

710,862

695,749

1,406,611

1,413,907

1997

773,048

734,275

1,507,323

1,482,948

1998

742,599

682,969

1,425,568

1,449,201

1999

726,723

734,689

1,461,412

1,581,655

2000

729,864

695,938

1,425,802

1,793,554

63,350

2001

737,607

756,417

1,494,024

1,883,849

2002

801,825

713,889

368,575**

1,884,289

2,033,883

328,147

57,000

2003

784,826

738,327

626,716

2,149,869

2,065,459

598,792

18,500

2004

741,831

716,621

715,577

2,174,029

2,708,544

148,832

13,500

2005

820,454

772,825

709,526

2,302,805

2,891,882

2006

809,373

760,442

725,839

2,295,654

2,888,668

2007

829,250

810,673

680,442

2,320,365

2,771,861

2008

841,117

797,108

683,986

2,322,211

3,027,245

2009

807,221

846,613

810,323

2,464,157

3,088,382

2010

867,346

806,589

810,706

2,484,641

2011

841,755

782,752

711,195

2,395,702

2,839,162

2012

799,432

772,307

834,054

2,405,784

2,677,668

2013

774,835

803,287

829,600

2,407,722

2,635,287

3,006,074

ale (Met/Year)
Urea Imported

Phos*/ Potassic

Total

267,641

535,339

615,211

600,855

646,920

2,907

590,798

22,542

665,399

2,605

162,113/14,086

14086

857,234

134,366

169,943/24,229

24229

973,726

206,244

148,753/18,945

18945

1,017,550

187,058

153,025/16,040

16040

1,003,583

129,006

207,038/7,147

7147

1,519,802

33,387

192,002/8,210

8210

1,522,410

60,604

122,640/9,527

9527

1,615,437

238,130

144,969/1,446

1446

1,798,452

146,813

81,181

1,710,942

169,610

187,392

1,806,203

26,277

291,499

1,899,431

321,977

9269

2,188,150

34,035

340,301

9377

2,267,562

285,776

7718

2,712,524

475,491

10947

3,169,189

105,693

515,993

11451

3,504,013

314,701

572,990

45293

3,824,866

321,601

824,361

20426

4,055,056

96,976

562,276

17305

3,448,418

58,370

348,275

19364

3,453,254

708,886

41128

3,838,396

722,766

3,728,840

662,387

9588

3,511,353

677,917

6489

3,362,286

845,383

7795

3,488,706

267,642

Start
Year

Plant Location
Company Name

Product

City/Town District

1962

Pak-Arab

Multan

Multan

CAN

1962

Pak-Arab

Multan

Multan

Urea

1967

LC&FL

1998

Jaranwala Faisalabad

SSP

Pak-American

DaudKhel

Mianwali

Urea

1968

EngroChemical Pak. Ltd.

Dharki

Sukkur

Urea

2001

EngroChemical Pak. Ltd.

PortQasim

Karachi

NPK

2005

EngroChemical Pak. Ltd.

1971

DawoodHercules

1979

Pak-Arab

Multan

Multan

NP

1980

FFC: Pak-Saudi

MirpurMath
elo

Sukkur

Urea

FaujiFertilizer Co. (FFC)

1982

Plant 1

NP
ChichokiM Sheikhupur
allian
a

RahimYarK
SadiqAbad
han

Urea

Urea

1993

Plant 2

1998

FaujiJordanFertilizer Comp.

PortQasim

Karachi

DAP
Urea

1989

NFC:HazaraFertilizer Co.

HaripurHaz
ara

Abbottabad
Urea total
Total DAP
SSP total
CAN total
NP total

(Sub) Totals
Grand total of all products

NPK total

SSP

Design Capacity
000
Product

Actual Production 2006-07

(000tonnes)

000
Product

Tonnes

P2O5

K2O

Total

tonnes

340

88

88

332

120

55

55

111

85

15

15

69

346

159

159

371

850

391

391

963

100

10

23

10

43

70

40

10

10

20

39

445

205

205

441

350

77

70

147

332

574

264

264

737

695

320

320

809

372

635

292

292

797

367

446

80

205

285

398

72

551

253

253

502

231

90

16

16

82

4216

1939

1939

4731

2176

446

80

205

285

398

72

162

31

31

151

340

88

88

332

86

390

86

78

164

369

85

100

10

23

18

51

70

5654

2204

337

18

2559

6051

ction 2006-07
(000 Nut.Tonnes)

372

% Capacity
Utilization

P2O5

K2O

Total

86

86

98

51

51

93

12

12

96

171

171

107

443

443

113

16

12

35

70

10

10

20

98

203

203

98

75

71

146

99

339

339

128

372

116

367

367

126

72

183

255

89

231

231

91

15

15

91

2176

2176

112

72

183

255

89

27

27

93

86

86

98

85

81

166

95

16

12

35

70

308

12

2747

107

2427