0% found this document useful (0 votes)
11 views104 pages

2019 Q1 Management Report Overview

Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
11 views104 pages

2019 Q1 Management Report Overview

Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

032 01/09/2016

Management Report
KRISHNA CHAITNAYA K Code: 16C1
VAARIDHI
0 for Group ### Company 4
0

PLEASE CHECK … your decisions Year 2019 Qtr 1

Corporate Product 1 Product 2 Product 3 Number Support Commn.


Advertising: (€'000) Agents and distributors: needed (€'000) %
Europe 35 28 30 22 European agents 7 15 15
Nafta 35 26 20 16 Nafta distributors 6 15 13
Internet 35 26 25 22 Internet distributor 24 12

Prices (€): Operations:


Europe 279 454 764 Materials to buy ('000) Spot 0 3mth 0 6mth 0
Nafta 286 474 769 Maintenance hours/machine 27 Shift level 2
Internet 289 479 774 Number of ports operated 20 Web-site development 20

Quantities to deliver to: Personnel:


European agents 2050 1350 450 Assembly workers to recruit Number to train
(Not in full Nafta distributors 1300 750 250 Hourly wage rate (€.c) 1212
if starred) Internet distributor 1750 1050 360 Management budget (€'000) 105 Staff training (days) 20
5100 3150 1060
Quality: Finance:
Take up product improvements Shares to issue/repurchase Dividend (cents/share) 2
Product development (€'000) 5 5 5 Term loans (€'000) 0 Term deposit (€'000) 0
Assembly times (minutes) 125 185 370 Machines to buy 0 Machines to sell 0
Premium materials (%) 5 5 5 Factory extension (sq. m.) 0 Insurance plan 2

Subcontracting: Information:
Components to order (units) 0 0 0 Market shares 1 Corporate activity 1

The Global Management Challenge is a business simulation designed by Edit Systems Ltd. ([Link]) and organised by SDG S.A. ([Link])
World Copyright © 2013 - EDIT 515 Ltd, UK and SDG - Simuladores e Modelos de Gestão, S.A.
Decision Qtr 10
Quantities to deliver P1 P2 P3
European agents 2050 1350 450
Nafta distributors 1300 750 250
Internet distributor 1750 1050 360

Warehouse Stocks
European agents
Nafta distributors
Internet distributor

Backlog Orders
European agents 0 0 0
Nafta distributors 0 0 0

5100 3150 1060


Subcontracted Qty 2250 1500 750

Quantities for machining 2850 1650 310


Quantities for assembly 5100 3150 1060

Assembly Time 125 185 370


Machine Time 60 75 120
Machine Efficiency 83.9%

2019/3 Opening stock available 12825


Bought spot 234
Bought default 0
Lost or destroyed 0
Used 6381
Closing stock 6678
For delivery next quarter: 0
Bought last quarter 0
Bought quarter before last 4000
For delivery quarter after next: 0

/ Raw Material Requirement -3598


Inventory excess required 0

Materials to Buy Spot -3000


Materials to buy 3 Months 0 /
Materials to buy 6 months 0 /
Space: /
Land owned 2000
Access/parking etc 400
Unused land 314
Factory size next quarter 1286
Circulation and access 321.5
Machining operations 250
Assembly operations 530
Material and component stocks 376
Available space (overflow if negative) -191.5
RM Machine Time Assm Time
Product-01 2850 203814 637500
Product-02 3300 147497 582750
Product-03 930 44338 392200
7080 395650 1612450
6594 26874
Per Quarter hours 82.43 507.06
Per Worker per Quarter hours 329.71
Per Worker per week wages 2597.44 6145.56

Assembly At start of last quarter 53


Assembly Recruited 1
2019/3 Assembly Trained 1
Assembly Dismissed 0
Assembly Left 2
/ Assembly Available for next quarter 53

Machining At start of last quarter 74


Machining Recruited 6
2019/3 Machining Trained 0
Machining Dismissed 0
Machining Left 12
/ Machining Available for next quarter 68

Assembly workers:
Hours available 30528
2019/3 Absenteeism/sickness (hours) 524
Hours worked 23416

Notice of strike weeks for next quarter 0

Shift Level: Hrs / Day Total Hours Machinist Hours


1 8 420 4200
2 8+8 840 7560
3 8+8+8 1602 16020

Machines:
Number decommissioned 1
2019/3 Machines in use last quarter 10
Number bought and installed 0
/ Machines available for next quarter 10
Theoretical hours available 10680
Hours breakdown 104
2019/3 Hours worked 5564
Hours planned maintenance 146
Average machine efficiency % 86.3

Shift 1
Theoretical hours available 5760
Hours breakdown 1.65% 95
/ Hours worked 234
Hours planned maintenance 0
Average machine efficiency % 0

Assembly workers Mon-Friday


Hours 420
Assembly workers required 64.0

Assembly workers 53
Assembly hours Available 22260
Material content
1
2
3

No. of machines
10
9
10
10576
0.53071161048689

2 3
10680 16020
176 264

Strike Weeks
Satday Also Sunday Also 0
504 576
53.3 46.7

53 53
26712 30528
INCOME STATEMENT €

Sales revenue 1314236

Opening inventory values 127328


Components purchased 0
Purchase
Materials purchased 340570
Machine running costs 72665
Machinists wages 178634
Machining Cost of
Assembly wages 104417 Assembly Production
Quality control 2912 Inspection
Hired transport 40700 Transportation
Less closing inventory values 117150
Cost of sales 750076 Manufacturing cost
Gross profit 564160
Administrative expenses 438377
Insurance receipts 2135
Depreciation 27458
Operating profit/loss 100460
Finance income 2875
Finance expense 0
Profit/loss before tax 103335
Tax assessed 0
Profit/loss for the period 103335
Earnings per share (cents) 2.58

Dividends paid 0
Transferred to retained earnings 103335
Previous retained earnings -147251
Retained earnings -43916

ADMINISTRATIVE EXPENSES €

Advertising 75000
Internet distributor 21797
Internet service provider 12678
Agents and distributors 110633
Sales office 13258
Guarantee servicing 10890
Product development 55000
Web-site development 15000
Personnel department 9000
Machine maintenance 6800
Purchasing and warehousing 8021
Business intelligence 7500
Credit control 2806
Insurance premiums 9153
Management salaries 70000
Other costs 10841
Total administrative expenses 438377

Quantities to deliver to: 2050


European agents 1300
Nafta distributors 1750
Internet distributor
1. Raw Material
Units
Spot Price 15Q4 (USD) 0.00
Exchange Rate 15Q4 0.83
Spot Price 15Q4 (EUR) 0.00

2. Machine Running Costs eff


Machine Time (minutes) 85
Cost of Supervision per Shift 12500.00
No. of Machines 10.00
Cost of Supervision per Machine per Shift 1250.00
Cost of Supervision per Hour (Shift 1) 2.17
Cost of Supervision per Hour (Shift 2) 2.34
Cost of Supervision per Hour (Shift 3) 2.34

Production Overheads per Machine 3500.00


Production Overheads per Machine per Hour (Shift 1) 6.08
Production Overheads per Machine per Hour (Shift 2) 3.28
Production Overheads per Machine per Hour (Shift 3) 2.18

Machine Running Cost per Hour 8.00

Production Planning Cost per Unit 1.00

Machine Running Cost (Shift 1)


Machine Running Cost (Shift 2)
Machine Running Cost (Shift 3)

3. Machinists Wages
Assembly Wages 12.10
Machinists Wages (Mon - Fri) 7.865
Machinists Wages (Sat) 11.7975
Machinist Wages (Sun) 15.73
Avg. Machinist Wages (Shift 1) 9.42
Includes Premium shift Avg. Machinist Wages (Shift 2) 9.23
Includes Premium shift Avg. Machinist Wages (Shift 3) 9.23

Total Cost of Production till Machining


Shift 1
Shift 2
Shift 3

Cost of Components (15Q4)

4. Assembly Wages
Assembly Time (in minutes)
Assembly Wages (Mon - Fri) 12.10
Machinists Wages (Sat) 18.15
Machinist Wages (Sun) 24.20
Avg. Machinist Wages (Shift 1) 14.49

5. Quality Control
Cost of Inspection per Unit 1.00

Total Cost of Production till Assembly & Inspection


Shift 1
Shift 2
Shift 3

6. Hired Transport
Europe 4
NAFTA 2
Internet 1

Total Cost of Production (Shift 1)


Europe
NAFTA
Internet

Total Cost of Production (Shift 2)


Europe
NAFTA
Internet

Total Cost of Production (Shift 3)


Europe
NAFTA
Internet

1350 450 Administrative expenses


750 250 7. Administrative Expenses
1050 360 Europe
NAFTA
Internet

Total Cost (Shift 1)


Europe
NAFTA
Internet

Total Cost (Shift 2)


Europe
NAFTA
Internet

Total Cost (Shift 3)


Europe
NAFTA
Internet
Product 1 Product 2 Product 3

cost of raw material


1 2 3 spot 3 mont 5 mont
5 0 0
0.0
0.00 0.00 0.00

60 75 120
70.59 88.24 141.18 Shift Level
25000 2

2.55 3.19 5.11


2.75 3.44 5.51
2.75 3.44 5.51

35000
7.15 8.94 14.30
3.86 4.82 7.71
2.57 3.21 5.14

9.41 11.76 18.82 42720.00 Machine running hrs 5340

1.00 1.00 1.00 4350.00 Scheduled 4350.00


107070
20.11 24.89 39.23
17.02 21.03 33.04
15.74 19.42 30.47

4757 Total machine hrs


420*shift level*no. of machines
Mon-Fri Sat Sun
8400.00 840.00 -4483.00
44.34 55.42 88.67 264264.00 39639.60 -282070.36
57.80 72.25 115.60 351471.12 52720.67 -375153.58
72.57 90.72 145.15 29038.21

Cheapest Mon-Fri S1 Low production


64.45 80.31 127.90 Subcontract
74.82 93.27 148.64 Mon-Fri S2 Higher Production
88.31 110.14 175.62 Sat S1
Sat S2
125.00 205.00 316.00 Sun S1
Sun S2
420*no. of assembly
125 185 370 Mon-Fri Sat Sun
13440.00 610.00 0.00
162624.00 11071.50 0.00
173695.50
30.20 44.69 89.38

Produced 4350
1.00 1.00 1.00 4350.00

95.65 126.01 218.29


106.02 138.97 239.02
119.51 155.83 266.01

5.20 10.40 20.80


18.60 37.20 74.40
1.30 2.60 5.20

100.85 136.41 239.09


114.25 163.21 292.69
96.95 128.61 223.49

111.22 149.37 259.82


124.62 176.17 313.42
107.32 141.57 244.22

124.71 166.23 286.81


138.11 193.03 340.41
120.81 158.43 271.21

1550461.2

101.34 164.07 487.57


101.34 164.07 487.57
101.34 164.07 487.57

202.19 300.48 726.65


215.59 327.28 780.25
198.29 292.68 711.05

212.55 313.44 747.39 279 454


225.95 340.24 800.99 286 474
208.65 305.64 731.79 289 479

226.05 330.30 774.37


239.45 357.10 827.97
222.15 322.50 758.77
1321320

Low Human resource


576
Higher Human resource

Best
Combination

14050.00
Strike :
1 (Machinist wages > Assembly wages ) per week
2 (Assembly wages in this qtr < Assembly wages in last QTR ) per week
3 Other problems

Solution : increase assembly time

764 -66.45 -140.56 -16.61 31.26 44.85 2.22


769 -60.05 -133.76 31.99 26.57 39.31 -3.99
774 -80.35 -173.36 -42.21 38.51 56.72 5.77

-136213 -189760 -7474


-78059 -100322 7998 -841661.9
-140604 -182031 -15195
Expected Profit 841662
How Does Subcontracting Work ?

Subcontracting (Quarter 1):


Components to order (units)

Quantities to deliver to (Quarter 2):


European agents
Nafta distributors
Internet distributor

Machining at Our Factory


Assembly at our Factory

Important Note:
The Simulator will always use Components for Assembly first.
If the Components Quantity > Quantities to Deliver, No Machining will take place.

Hired Transport
Europe:
NAFTA:
Internet:

Logistics Involved
Europe:
NAFTA:
to and fro Internet:

Load Container
Container Capacity

Quantities to deliver to (Quarter 2):


European agents
Nafta distributors
Internet distributor

Space Required
European agents
Nafta distributors
Internet distributor
Administrative Expenses Distribution

Total Expense

Quantities to deliver to:


European agents
Nafta distributors
Internet distributor

Total Quantities to Deliver:

Admisistrative Expense in Ratio

Admisistrative Expense per Unit


Product 1 Product 2 Product 3
1000 600 300

1000 625 325


150 150 75
250 150 100

1400 925 500

400 325 200


1400 925 500

Factory --> Agents


Factory --> EU Port --> Distributor
Factory --> Distributors

Distance Unknown (More Agents --> More Journey Length)


250 km X 2 + Container Shipment Cost
150 km X 2

500 units 1 unit = 1 - Product 1


2 unit = 1 - Product 2
4 unit = 1 - Product 3

1000 625 325


150 150 75
250 150 100
1400 925 500
Total Containers
Space Required Required
1000 1250 1300 3550 7.1
150 300 300 750 1.5
250 300 400 950 1.9

Transport: Europe
Journey length (km) 1381
Number of loads 8

Days Hire 3.4525


4

includes shipment Total Cost 20800

Cost of shipment 0

1550461.2

2050 1350 450


1300 750 250
1750 1050 360

5100 3150 1060

9310

516820.40 516820.40 516820.40

101.34 164.07 487.57


Containers

--> 8
--> 2
--> 2
Number of loads

Nafta Internet
500 300
2 2

1.25 0.75
2 1

18600 1300 40700

16000 0
18Q3 18Q4 19Q1
Shares Issue / Repurchase 0.00 400000.00 0.00
Value of Shares Issue / Repurchase 0.00 405920.00 0.00
Value of Shares I / R in current Q 0.00 381440.00 0.00

Share Price 101.48 95.36 92.48


Share Capital 4000000.00 4400000.00 4400000.00
Market Valuation 4059200.00 4195840.00 4069120.00

Dividend % 0.00 0.00 0.00


Dividend Paid 0.00 0.00 0.00

Investment Performance 4059200.00 3789920.00 3663200.00

Actual Reported 3788398.00 3660151.00


Difference 1522.00 3049.00
19Q2 19Q3 19Q4
0.00 0.00 300000.00
0.00 0.00 294000.00
0.00 0.00 356700.00

96.53 98.00 118.90


4400000.00 4400000.00 4700000.00 4840000 or 3960000
4247320.00 4312000.00 5588300.00 440000.00

0.00 0.00 4.00


0.00 0.00 188000.00
440000.00
3841400.00 3906080.00 5076380.00

3836307.00
5093.00 3906080.00 5076380.00
Product 16C2 16C3 16C4
Product 1: Europe Product 1: Europe 6,935 5,784 6,397
Product 1: Europe Product 1: Europe Nafta 1,127 1,327 1,382
Product 1: Europe Product 1: Europe Internet 2,363 1,938 2,066
Product 2: Europe Product 2: Europe 4,867 3,862 4,117
Product 2: Europe Product 2: Europe Nafta 970 1,026 1,296
Product 2: Europe Product 2: Europe Internet 1,377 1,256 1,624
Product 3: Europe Product 3: Europe 2,360 2,295 2,080
Product 3: Europe Product 3: Europe Nafta 472 526 681
Product 3: Europe Product 3: Europe Internet 842 802 1,049
Chart Title
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
-
Product 1: Europe Product 1: Europe Nafta Product 1: Europ

16C2 16C3 16C4

Chart Title
6,000

5,000
f(x) = − 374.925 x + 5031.79135802469
4,000

3,000

2,000

1,000 f(x) = 123.391480730223 x + 1172.06381000676


f(x) = 163.175675675675 x + 771.0990990991

-
16C2 16C3 16C4

Product 2: Europe Linear ( Product 2: Europe) Product 2: Europe Naft


Linear ( Product 2: Europe Nafta) Product 2: Europe Internet Linear ( Product 2: Euro

Chart Title
2,500
f(x) = − 139.97938852628 x + 2525.0053818848
2,000

1,500

1,000
f(x) = 103.292483660131 x + 690.787596621601
500 f(x) = 104.531949934124 x + 350.502237044357

-
16C2 16C3 16C4

Product 3: Europe Linear ( Product 3: Europe) Product 3: E


Linear ( Product 3: Europe Nafta) Linear ( Product 3: Europe Nafta) Product 3: E
Linear ( Product 3: Europe Internet) Linear ( Product 3: Europe Internet)
-
16C2 16C3 16C4

Product 3: Europe Linear ( Product 3: Europe) Product 3: E


Linear ( Product 3: Europe Nafta) Linear ( Product 3: Europe Nafta) Product 3: E
Linear ( Product 3: Europe Internet) Linear ( Product 3: Europe Internet)
Product 1: Europe Internet

16C4

Product 2: Europe Nafta


Linear ( Product 2: Europe Internet )

16C4

) Product 3: Europe Nafta


Nafta) Product 3: Europe Internet
Internet)
16C4

) Product 3: Europe Nafta


Nafta) Product 3: Europe Internet
Internet)
Group 23 Company 8 Resources and Products Year 2016 Qtr 2

PHYSICAL RESOURCES: Usage and availability HUMAN RESOURCES: PRODUCT DATA: Product 1 Product 2 Product 3
Quantities:
Space: Sq. m. Production personnel: Assembly Machining Scheduled 1541 966 531
Land owned 1000 At start of last quarter 21 27 Produced 1586 996 548
Access/parking etc 200 Recruited 4 5 Rejected 45 30 17
Unused land 200 Trained 2 Lost or destroyed 0 0 0
Factory size next quarter 600 Dismissed 0 0
Circulation and access 150 Left 4 2 Delivered to:
Machining operations 100 Available for next quarter 23 30 European agents 1090 662 341
Assembly operations 230 Nafta distributors 166 152 85
Material and component stocks 30 Internet distributor 285 152 105
Available space (overflow if negative) 90 Assembly workers:
Hours available 12096 Orders from:
Machines: Number Absenteeism/sickness (hours) 99 Europe 618 455 323
Number decommissioned 0 Hours worked 8746 Nafta 89 97 62
Machines in use last quarter 4 Internet 276 212 133
Number bought and installed 0 Notice of strike weeks for next quarter 1
Machines available for next quarter 4 Sold to:
Europe 618 457 326
Theoretical hours available 4272 Nafta 89 97 62
Hours breakdown 64 Internet 276 152 105
Hours worked 4205 Agents/distributors: Europe Nafta Internet
Hours planned maintenance 8 Active last quarter 3 1 1 Backlog of orders:
Average machine efficiency % 93.3 Resigned 0 0 Europe 0 0 0
Dismissed 0 0 0 Nafta 0 0 0
Materials: Appointed 1 1 0
Opening stock available 1720 Active next quarter 4 2 1 Warehouse stocks:
Bought spot 5172 Europe 582 205 15
Bought default 0 Nafta 90 55 23
Lost or destroyed 0 Internet 21 0 0
Used 5222
Closing stock 1670 Transport: Europe Nafta Internet
For delivery next quarter: Journey length (km) 1381 500 300 Guarantee services 41 26 15
Bought last quarter 1000 Number of loads 8 2 3
Bought quarter before last 0
For delivery quarter after next: 2000 Product improvements None None Minor

Internet statistics: Product components:


Number of web-site ports operated 6 Carbon footprint (CO2e): Tonnes Assembled last quarter 0 0 0
Number of visits to your web-site 10137 Factory heating and lighting 5.70 Ordered last quarter 150 100 50
Estimated level of failed visits (%) 0 Energy used in production 17.67 Closing stock 0 0 0
Number of internet service complaints 54 Total primary CO2e 23.37 Available for assembly 150 100 50

The Global Management Challenge is a business simulation designed by Edit Systems Ltd. ([Link]) and organised by SDG - Simuladores e Modelos de Gestão S.A. Portugal
World Copyright © 2013 - EDIT 515 Ltd, UK and SDG - Simuladores e Modelos de Gestão, S.A.
1 2 3 4
2017/3 2017/4 2018/1 2018/2
PHYSICAL RESOURCES: Usage and availability
Space: Sq. m. Sq. m. Sq. m. Sq. m.
Land owned 2000 2000 2000 2000
Access/parking etc 400 400 400 400
Unused land 600 584 584 564
Factory size next quarter 1000 1016 1016 1036
Circulation and access 250 254 254 259
Machining operations 225 250 250 250
Assembly operations 300 340 360 380
Material and component stocks 0 0 0 0
Available space (overflow if negative) 225 172 152 147

Machines: Number Number Number Number


Number decommissioned 0 0 0 0
Machines in use last quarter 7 9 10 10
Number bought and installed 2 1 0 0
Machines available for next quarter 9 10 10 10

Theoretical hours available 7476 9612 10680 10680


Hours breakdown 86 94 125 138
Hours worked 5998 7969 8564 9493
Hours planned maintenance 124 86 45 62
Average machine efficiency % 95.2 95.8 94.7 92.7

Materials:
Opening stock available 347 2000 2000 0
Bought spot 6000 6000 8000 6000
Bought default 1051 1837 397 5298
Lost or destroyed 0 0 0 0
Used 7398 9837 10397 11298
Closing stock 0 0 0 0
For delivery next quarter:
Bought last quarter 2000 0 0 0
Bought quarter before last 0 2000 0 0
For delivery quarter after next: 2 0 0 0

Internet statistics:
Number of web-site ports operated 20 20 17 17
Number of visits to your web-site 33122 45502 51296 56871
Estimated level of failed visits (%) 0 0.1 0.1 0.1
Number of internet service complaints 113 160 148 158

HUMAN RESOURCES:
Production personnel:

Assembly At start of last quarter 24 30 34 36


Assembly Recruited 0 0 0 0
Assembly Trained 6 4 2 2
Assembly Dismissed 0 0 0 0
Assembly Left 0 0 0 0
Assembly Available for next quarter 30 34 36 38

Machining At start of last quarter 47 53 62 69


Machining Recruited 9 19 18 11
Machining Trained
Machining Dismissed 0 0 0 0
Machining Left 3 10 11 11
Machining Available for next quarter 53 62 69 69

Assembly workers:
Hours available 13824 17280 19584 20736
Absenteeism/sickness (hours) 66 224 282 310
Hours worked 12535 17057 18396 19978

Notice of strike weeks for next quarter 0 0 0 0

Agents/distributors:
Europe- Active last quarter 4 4 4 4
Europe- Resigned 0 0 0 0
Europe- Dismissed 0 0 0 0
Europe- Appointed 0 0 0 0
Europe- Active next quarter 4 4 4 4

NAFTA- Active last quarter 5 4 4 4


NAFTA- Resigned 0 0 0 0
NAFTA- Dismissed 1 0 0 0
NAFTA- Appointed 0 0 0 0
NAFTA- Active next quarter 4 4 4 4

Internet- Active last quarter 1 1 1 1


Internet- Resigned
Internet- Dismissed 0 0 0 0
Internet- Appointed 0 0 0 0
Internet- Active next quarter 1 1 1 1

Transport:
Journey length (km)-Europe 1355 1355 1355 1355
Number of loads-Europe 7 9 10 10
Journey length (km)-NAFTA 500 500 500 500
Number of loads-NAFTA 4 5 5 6
Journey length (km)-Internet 300 300 300 300
Number of loads-Internet 6 8 8 9

Carbon footprint (CO2e):


Factory heating and lighting 9.5 9.652 9.652 9.842
Energy used in production 25.23196 33.73292 36.2856 40.00672
Total primary CO2e 73156.1 79274.1 85023.1 100

PRODUCT DATA: P1
Quantities:
Scheduled 2630 3535 3838 4185
Produced 2708 3697 4014 4312
Rejected 78 103 114 127
Lost or destroyed 0 59 62 0

Delivered to:
European agents 1090 1475 1613 1715
Nafta distributors 620 772 846 920
Internet distributor 920 1288 1379 1550

Orders from:
Europe 1180 1651 1581 1698
Nafta 461 865 865 931
Internet 791 1310 1314 1480

Sold to:
Europe 1090 1475 1613 1715
Nafta 461 865 865 931
Internet 791 1310 1314 1480

Backlog of orders:
Europe 45 110 39 11
Nafta 0 0 0 0

Warehouse stocks:
Europe 0 0 0 0
Nafta 159 66 47 36
Internet 129 107 172 242

Guarantee services 51 71 96 115


Product improvements Minor Major Minor Minor

Product components:
Assembled last quarter 0 0 0 0
Ordered last quarter 0 0 0 0
Closing stock 0 0 0 0
Available for assembly 0 0 0 0

PRODUCT DATA: P2
Quantities:
Scheduled 1425 1758 1785 2010
Produced 1466 1858 1894 2071
Rejected 41 52 54 61
Lost or destroyed 0 48 55 0

Delivered to:
European agents 585 713 756 820
Nafta distributors 350 407 388 440
Internet distributor 490 638 641 750

Orders from:
Europe 612 818 753 805
Nafta 257 464 413 441
Internet 421 647 640 711

Sold to:
Europe 585 713 756 820
Nafta 269 464 412 440
Internet 421 647 640 711

Backlog of orders:
Europe 23 64 30 7
Nafta 0 0 0 0

Warehouse stocks:
Europe 0 0 0 0
Nafta 81 24 0 0
Internet 182 173 174 213

Guarantee services 35 41 50 135

Product improvements Minor Major None Minor


Product components:
Assembled last quarter 0 0 0 0
Ordered last quarter 0 0 0 0
Closing stock 0 0 0 0
Available for assembly 0 0 0 0

PRODUCT DATA: P3
Quantities:
Scheduled 570 785 840 920
Produced 586 808 865 948
Rejected 16 23 25 28
Lost or destroyed 0 0 0 0

Delivered to:
European agents 230 348 360 375
Nafta distributors 120 174 180 200
Internet distributor 220 263 300 345

Orders from:
Europe 271 401 358 379
Nafta 108 215 189 201
Internet 187 308 301 333

Sold to:
Europe 271 401 358 379
Nafta 111 183 180 200
Internet 187 308 301 333

Backlog of orders:
Europe 0 0 0 0
Nafta 0 16 12 6

Warehouse stocks:
Europe 102 49 51 47
Nafta 9 0 0 0
Internet 122 77 76 88

Guarantee services 18 18 22 25

Product improvements Minor Major None Major

Product components:
Assembled last quarter 0 0 0 0
Ordered last quarter 0 0 0 0
Closing stock 0 0 0 0
Available for assembly 0 0 0 0
5 6 7 8 9 10
2018/3 2018/4 2019/1 2019/2 2019/3 /

Sq. m. Sq. m. Sq. m. Sq. m. Sq. m. Sq. m.


2000 2000 2000 2000 2000 0
400 400 400 400 400 0
564 564 564 364 314 0
1036 1036 1036 1236 1286 0
259 259 259 309 321.5 0
275 275 275 275 250 0
420 410 480 530 530 0
5 0 223 299 376 0
77 92 -201 -177 -191.5 0

Number Number Number Number Number Number


0 0 0 0 1 0
10 11 11 11 10 0
1 0 0 0 0 0
11 11 11 11 10 0

10680 11748 11748 11748 10680 0


146 177 215 168 104 0
9398 10506 10767 8225 5564 0
34 21 -17 107 146 0
90.8 89.4 86.9 83.9 86.3 0

0 1051 5000 12241 12825 0


12000 10397 10399 310 234 0
0 719 0 0 0 0
0 0 0 0 0 0
10949 12167 12158 8726 6381 0
1051 0 3241 3825 6678 0

0 5000 5000 5000 0 0


0 0 4000 4000 4000 0
0 4 4 4 0 0

18 18 18 18 19 0
60946 66633 73156 79274 85023 0
0.1 0.1 0.1 0.1 0.1 100
123 114 87 101 93 0
38 42 41 48 53 0
0 1 6 4 1 0
4 1 1 1 1 0
0 0 0 0 0 0
0 3 0 0 2 0
42 41 48 53 53 0

69 69 76 74 74 0
11 19 12 14 6 0

0 0 0 0 0 0
11 12 14 14 12 0
69 76 74 74 68 0

21888 24192 23616 27648 30528 0


339 245 367 395 524 0
19346 22055 22261 24674 23416 0

0 0 0 0 0 0

4 5 5 5 5 0
0 0 0 0 0 0
0 0 0 0 0 0
1 0 0 0 2 0
5 5 5 5 7 0

4 5 5 5 5 0
0 0 0 0 0 0
0 0 0 0 0 0
1 0 0 0 1 0
5 5 5 5 6 0

1 1 1 1 1 0

0 0 0 0 0 0
0 0 0 0 0 0
1 1 1 1 1 0

1355 1339 1339 1339 1339 0


10 11 11 11 12 0
500 500 500 500 500 0
5 6 7 8 6 0
300 300 300 300 300 0
9 10 9 10 10 0

9.842 9.842 9.842 11.742 12.217 0


39.38168 44.24732 45.16876 38.49248 29.536 0
0 0 0 0 0 0

4080 4241 4220 5042 4100 0


4208 4423 4352 5209 4230 0
128 133 132 159 130 0
0 49 0 8 0 0

2000
1700 1828 1800 2046 1700 0
1800
920 969 1000 1248 1000 0 1600
1460 1444 1420 1748 1400 0 1400
1200
1000
800
1658 1740 1443 1942 1830 0
600
897 878 762 1095 975 0 400
1452 1396 1163 1575 1534 0 200
0
1 2 3

1669 1740 1443 1942 1830 0 Eur


897 878 762 1095 975 0
1452 1396 1163 1575 1534 0

1400

0 0 0 0 0 0 1200

0 0 0 0 0 0 1000
800

600
31 88 445 549 419 0
400
59 91 329 482 507 0
250 48 305 478 344 0 200
0
1 2 3

132 142 150 153 170 0 Europe Nafta

1400

1200
Major Minor None None None 0
1400

1200
0 0 0 1500 2250 0
1000
0 0 1500 2250 2250 0
0 0 0 0 0 0 800
0 0 1500 2250 2250 0 600

400

200
1959 2156 2330 2505 2510 0 0
1 2 3
2022 2279 2403 2585 2591 0
62 69 73 80 81 0 Eur
1 54 0 0 0 0

799 878 900 950 1150 0


440 487 620 675 500 0
720 791 810 880 860 0

779 1152 862 981 962 0


416 663 508 550 538 0
704 899 724 830 843 0

786 878 900 950 988 0


416 487 577 550 538 0
704 791 724 830 843 0

0 137 28 29 0 0
0 88 0 0 0 0

13 0 0 0 162 0
24 0 43 168 130 0
229 0 86 136 153 0

64 68 74 80 87 0

Major Minor Minor None None 0


0 0 0 750 1250 0
0 0 750 1250 1500 0
0 0 0 0 0 0
0 0 750 1250 1500 0

1 1 1 1 0
872 1030 970 920 1040 0
899 1062 1000 949 1073 0
27 32 30 29 33 0
0 0 0 0 0 0

365 400 370 350 460 0


170 250 240 230 230 0
337 380 360 340 350 0

363 679 352 395 375 0


186 383 184 214 193 0
336 497 323 364 362 0

363 449 370 350 400 0


170 250 214 214 193 0
336 469 323 364 362 0

0 115 10 27 0 0
11 72 0 0 0 0

49 0 0 0 60 0
0 0 26 42 79 0
89 0 37 13 1 0

28 30 34 35 34 0

Minor Minor Minor Minor None 0


0 0 0 500 500 0
0 0 500 500 750 0
0 0 0 0 0 0
0 0 500 500 750 0
Product 1

2 3 4 5 6 7

Europe Nafta Internet

Product 2

2 3 4 5 6 7

Europe Nafta Internet Europe Nafta Internet

Product 3
Product 3

2 3 4 5 6 7

Europe Nafta Internet


1 2
2017/3 2017/4
Advertising: (€'000)
1 Corporate Europe 25 30
2 Corporate Nafta 25 25
3 Corporate Internet 50 40
4 P1 Europe 15 20
5 P1 Nafta 5 14
6 P1 Internet 12 23
7 P2 Europe 13 18
8 P2 Nafta 5 12
9 P2 Internet 10 17
10 P3 Europe 10 15
11 P3 Nafta 4 15
12 P3 Internet 7 20

Prices (€):
13 P1 Europe 340 300
14 P1 Nafta 349 310
15 P1 Internet 341 300
16 P2 Europe 539 500
17 P2 Nafta 559 500
18 P2 Internet 546 500
19 P3 Europe 894 780
20 P3 Nafta 899 800
21 P3 Internet 884 800

Quantities to deliver to:(Not in full if starred)


22 P1 European agents 1090 1720
23 P1 Nafta distributors 620 900
24 P1 Internet distributor 920 1500
25 P2 European agents 585 840
26 P2 Nafta distributors 350 480
27 P2 Internet distributor 490 750
28 P3 European agents 230 400
29 P3 Nafta distributors 120 200
30 P3 Internet distributor 220 300

Quality:
31 P1 Take up product improvements 1 0
32 P1 Product development (€'000) 30 40
33 P1 Assembly times (minutes) 110 115
34 P1 Premium materials (%) 0 0
35 P2 Take up product improvements 0 0
36 P2 Product development (€'000) 19 20
37 P2 Assembly times (minutes) 172 172
38 P2 Premium materials (%) 0 0
39 P3 Take up product improvements 0 0
40 P3 Product development (€'000) 13 20
41 P3 Assembly times (minutes) 345 345
42 P3 Premium materials (%) 0 0

Subcontracting:
43 P1 Components to order (units) 0 0
44 P2 Components to order (units) 0 0
45 P3 Components to order (units) 0 0

Agents and distributors:


46 European agents Number needed 4 4
47 Nafta distributors Number needed 4 4
48 Support European agents (€'000) 10 10
49 Support Nafta distributors (€'000) 10 10
50 Support Internet distributor (€'000) 21 20
51 commission European agents (%) 13 12
52 commission Nafta distributors (%) 12 12
53 commission Internet distributor (%) 5 5

Operations:
54 Materials to buy ('000)- Spot 6 6
55 Materials to buy ('000)- 3 Month 2 0
56 Materials to buy ('000)- 6 Month 2 0
57 Maintenance hours/machine 30 20
58 Shift level 2 2
59 Number of ports operated 20 16
60 Web-site development 18 15

Personnel:
61 Assembly workers to recruit 0 0
62 Number to train 6 4
63 Hourly wage rate (€.c) 12 12
64 Management budget (€'000) 100 100
65 Staff training (days) 30 30

Finance:
66 Shares to issue/repurchase 0 0
67 Dividend (cents/share) 0 0
68 Term loans (€'000) 0 0
69 Term deposit (€'000) 0 -700
70 Machines to buy 2 1
71 Machines to sell 0 0
72 Factory extension (sq. m.) 400 16
73 Insurance plan 0 0

Information:
74 Market shares 0 0
75 Corporate activity 0 0
3 4 5 6 7 8 9
2018/1 2018/2 2018/3 2018/4 2019/1 2019/2 2019/3

25 25 25 28 30 30 30
15 20 25 28 30 30 30
30 30 28 30 32 32 32
28 28 29 29 30 36 36
18 18 19 19 20 24 24
27 27 21 21 22 24 24
20 20 21 25 25 27 27
14 14 15 17 18 18 18
20 20 16 18 20 22 22
20 20 16 18 21 21 21
15 15 10 12 15 15 15
20 20 16 18 21 21 21

291 291 291 329 339 314 324


296 296 296 344 349 319 331
291 291 296 349 359 324 335
486 486 486 456 499 499 509
496 496 496 479 509 514 524
486 486 491 484 519 519 524
767 767 767 599 789 794 809
785 785 785 650 809 809 819
767 767 772 669 819 814 821

1640 1715 1700 1850 1800 2050 1700


860 920 920 980 1000 1250 1000
1400 1550 1460 1460 1420 1750 1400
780 820 800 900 900 950 1150
400 440 440 500 620 675 500
660 750 720 810 810 880 860
360 375 365 400 370 350 460
180 200 170 250 240 230 230
300 345 337 380 360 340 350

0 0 0 1 0 0 0
17 30 25 15 15 15 5
117 117 117 120 122 125 125
0 0 0 2 2 3 3
0 0 0 1 0 0 0
35 30 25 15 15 15 5
175 175 175 180 183 185 185
0 0 0 4 4 4 4
0 0 0 0 0 0 0
30 22 30 30 15 15 5
350 350 350 360 365 370 370
0 0 0 4 4 4 4

0 0 0 0 1500 2250 2250


0 0 0 0 750 1250 1500
0 0 0 0 500 500 750

4 4 5 5 5 5 7
4 4 5 5 5 5 6
10 10 10 10 10 11 12
10 10 10 10 10 11 12
21 21 21 21 21 22 23
13 13 13 13 13 14 15
12 12 12 12 12 12 13
5 5 10 10 10 11 12

8 6 12 10 10 0 0
0 0 0 5 5 5 0
0 0 0 4 4 4 0
17 20 18 18 18 25 25
2 2 2 2 2 2 2
17 17 18 18 18 18 19
18 18 15 15 16 16 18

0 0 0 1 6 4 1
2 2 4 1 1 1 1
12 12 12 12.02 12.03 12.07 12.1
100 100 100 100 100 100 100
25 25 20 20 20 20 20

0 0 0 400 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 300
0 0 0 -450 0 0 0
0 0 1 0 0 0 0
0 0 0 0 0 0 1
0 20 0 0 0 200 50
0 0 1 2 3 3 2

0 0 0 1 1 1 1
1 1 1 1 1 1 1
10
/

0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0

0
0
0

0
0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0

0
0
0
0
0
0
0
0

0
0
1 2 3 4 5
2010 Q1 2011 Q1 2012 Q1 2013 Q1 2014 Q1
ADMINISTRATIVE EXPENSES 2017/3 2017/4 2018/1 2018/2 2018/3

Advertising 181000 249000 252000 257000 241000


Internet distributor 54244 68145 67213 72581 124484
Internet service provider 24945 48887 43728 47948 48043
Agents and distributors 270857 315806 295281 310981 315768
Sales office 20969 28521 26492 28840 27995
Guarantee servicing 12810 14910 18760 30475 24520
Product development 62000 80000 82000 82000 80000
Web-site development 18000 15000 18000 18000 15000
Personnel department 90000 83000 60000 53000 65000
Machine maintenance 17850 15300 14450 17000 15300
Purchasing and warehousing 10566 9716 9265 9498 9882
Business intelligence 0 0 7500 7500 7500
Credit control 4186 6366 6439 7009 6793
Insurance premiums 0 0 0 0 19895
Management salaries 100000 100000 100000 100000 100000
Other costs 13389 21735 22157 22313 22688
Total administrative expenses 880816 1056386 1023285 1064145 1123868

Accumulated taxable profit:


Profit/loss before tax 0 0 0 0 0
Previous taxable profit/loss -329729 -318696 -231591 -187894 -154105
Taxable profit/loss -318696 -231591 -187894 -154105 -176411

Insurance claimed 0 0 0 0 226


Primary non-insured risk 2537341 3467255 3529561 3353188 3315

INCOME STATEMENT

Sales revenue 2096918 2732270 2649238 2884051 2799562

Opening inventory values 210725 403803 227194 118180 136608


Components purchased 0 0 0 0 0
Materials purchased 723982 527906 555404 778647 785208
Machine running costs 102109 127342 135092 143059 142096
Machinists wages 257372 345897 367505 434406 427153
Assembly wages 167783 243048 253008 279888 253631
Quality control 4760 6363 6773 7331 7129
Hired transport 59300 75100 77700 87650 78350
Less closing inventory values 403803 227194 118180 136608 212934
Cost of sales 1122228 1502265 1504496 1712553 1617241
Gross profit 974690 1230005 1144742 1171498 1182321
Administrative expenses 880816 1056386 1023285 1064145 1123868
Insurance receipts 0 0 0 0 0
Depreciation 63164 69085 67359 65676 71533
Operating profit/loss 0 0 0 0 0
Finance income 4312 1687 1687 1687 1687
Finance expense 23989 19116 12088 9575 10913
Profit/loss before tax 0 0 0 0 0
Tax assessed 0 0 0 0 0
Profit/loss for the period 11033 87105 43697 33789 -22306
Earnings per share (cents) 0 0 0 0 0

Dividends paid 0 0 0 0 0
Transferred to retained earnings 0 0 0 0 0
Previous retained earnings -329729 -318696 -231591 -187894 -154105
Retained earnings 0 0 0 0 0

BALANCE SHEET

Non-current assets:
Land 100000 100000 100000 100000 100000
Buildings 500000 508000 508000 518000 518000
Machinery 2463452 2694367 2627008 2561332 2789799
Property, plant and equipment 0 0 0 0 0

Current assets:
Product inventories 184232 115804 118180 136608 156928
Component inventories 0 0 0 0 0
Materials inventory 219571 111390 0 0 56006
Trade receivables 1113425 1434302 1428627 1532710 1477965
Cash and cash equivalents 1150000 450000 450000 450000 450000
Current assets 0 0 0 0 0
Total assets 0 0 0 0 0

Liabilities:
Tax due 0 0 0 0 0
Trade payables 654017 635479 667877 808946 776656
Bank overdraft 1395359 1009975 751832 643809 948453
Current liabilities 0 0 0 0 0
Term loans 0 0 0 0 0

Net assets 0 0 0 0 0

Equity:
Share capital 4000000 4000000 4000000 4000000 4000000
Share premium account 0 0 0 0 0
Retained earnings 0 0 0 0 0
Total equity 3681304 3768409 3812106 3845895 3823589

CASH FLOW STATEMENT

Operating activities:
Trading receipts 2037126 2411393 2654913 2779968 2854307
Insurance receipts 0 0 0 0 0
Trading payments 2008540 2400580 2386369 2654057 2849725
Tax paid 0 0 0 0 0
Net cash flow from operations 0 0 0 0 0

Investing activities:
Interest received 4312 1687 1687 1687 1687
Asset sales 0 0 0 0 0
Assets purchased 800000 308000 0 10000 300000
Net cash flow from investing 0 0 0 0 0

Financing activities:
Shares issued 0 0 0 0 0
Shares repurchased 0 0 0 0 0
Dividends paid 0 0 0 0 0
Additional loans 0 0 0 0 0
Interest paid 23989 19116 12088 9575 10913
Net cash flow from financing 0 0 0 0 0

Net cash flow -791091 -314616 258143 108023 -304644


Previous cash balance 545732 -245359 -559975 -301832 -193809
Cash balance 0 0 0 0 0
(including a term deposit of - 1150000 450000 450000 450000 450000

Overdraft limit for next quarter 850000 1073000 981000 948000 969000
Borrowing power next quarter 1009000 941000 1039000 1117000 1061000
6 7 8 9 10
2015 Q1 2016 Q1 2017 Q1 2018 Q1 2019 Q1
2018/4 2019/1 2019/2 2019/3 /

263000 284000 300000 300000 0


139380 126779 158109 173337 0
53513 49733 55120 55583 0
379317 343544 404425 449542 0
36278 30354 34554 34505 0
26220 28600 29930 31750 0
60000 45000 45000 15000 0
15000 16000 16000 18000 0
49500 52500 50500 36500 0
16830 19805 23375 21250 0
9179 14321 22200 27511 0
12500 12500 12500 12500 0
7338 6476 7870 7663 0
12672 7710 9739 18302 0
100000 100000 100000 100000 0
22883 22920 22729 86390 0
1203610 1160242 1292051 1387833 0

0 0 0 0 0
-176411 -218776 -200982 -87901 0
-218776 -200982 -87901 39110 0

31435 4422 1120 4096 0


7241 11565 14609 10458 0

3244769 3035494 3420475 3450580 0

212934 516957 1599668 1925645 0


0 506750 714250 842250 0
1302972 1266193 594561 23256 0
155078 157156 137775 112162 0
486060 511398 351215 302015 0
296966 307727 327966 290327 0
7764 7755 8743 7894 0
90900 99550 109500 93500 0
516957 1599668 1925645 1745120 0
2035717 1773818 1918033 1851929 0
1209052 1261676 1502442 1598651 0
1203610 1160242 1292051 1387833 0
24194 0 0 0 0
69745 68001 66301 59247 0
0 0 0 0 0
0 0 0 0 0
2256 15639 31009 24560 0
0 0 0 0 0
0 0 0 0 0
-42365 17794 113081 127011 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
-176411 -218776 -200982 -87901 0
0 0 0 0 0

100000 100000 100000 100000 0


518000 518000 618000 643000 0
2720054 2652053 2585752 2310640 0
0 0 0 0 0

31553 203918 301263 332130 0


0 506750 714250 842250 0
485404 889000 910132 570740 0
1647090 1677491 1845707 1861383 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
1077615 1353747 1160410 929764 0
237342 988527 1596675 985349 0
0 0 0 0 0
0 0 0 300000 0

0 0 0 0 0
4400000 4400000 4400000 4400000 0
5920 5920 5920 5920 0
0 0 0 0 0
4187144 4204938 4318019 4445030 0

3075644 3005093 3252259 3434904 0


24194 0 0 0 0
3242391 3740639 3729398 3289883 0
0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 215865 0
0 0 100000 25000 0
0 0 0 0 0

405920 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 300000 0
2256 15639 31009 24560 0
0 0 0 0 0

261111 -751185 -608148 611326 0


-498453 -237342 -988527 -1596675 0
0 0 0 0 0
0 0 0 0 0

972000 1265000 1823000 1990000 0


1126000 770000 301000 0 0
Group 0 Company 0 Financial Statements Year 0 Qtr

FINANCIAL STATEMENTS

ADMINISTRATIVE EXPENS € INCOME STATEMENT € BALANCE SHEET € CASH FLOW STATEMENT

Advertising 90,000.00 Sales revenue 12,41,346.00 Non-current assets: Operating activities:


Internet distributor 28,433.00 Land 50,000.00 Trading receipts
Internet service provider 14,858.00 Opening inventory values 1,17,150.00 Buildings 3,00,000.00 Insurance receipts
Agents and distributors 1,19,430.00 Components purchased 55,300.00 Machinery 10,44,100.00 Trading payments
Sales office 12,953.00 Materials purchased 5,22,421.00 Property, plant and equipme 13,94,100.00 Tax paid
Guarantee servicing 10,110.00 Machine running costs 75,845.00 Net cash flow from operation
Product development 60,000.00 Machinists wages 2,17,141.00 Current assets:
Web-site development 15,000.00 Assembly wages 1,42,499.00 Product inventories 1,80,841.00 Investing activities:
Personnel department 31,000.00 Quality control 3,130.00 Component inventories 55,300.00 Interest received
Machine maintenance 6,120.00 Hired transport 41,350.00 Materials inventory 2,79,719.00 Asset sales
Purchasing and warehousin 9,499.00 Less closing inventory valu 5,15,860.00 Trade receivables 7,03,060.00 Assets purchased
Business intelligence 12,500.00 Cost of sales 6,58,976.00 Cash and cash equivalents 18,57,691.00 Net cash flow from investing
Credit control 2,182.00 Gross profit 5,82,370.00 Current assets 30,76,611.00
Insurance premiums 8,928.00 Administrative expenses 5,11,947.00 Total assets 44,70,711.00 Financing activities:
Management salaries 80,000.00 Insurance receipts - Shares issued
Other costs 10,934.00 Depreciation 26,770.00 Liabilities: Shares repurchased
Total administrative expense 5,11,947.00 Operating profit/loss 43,653.00 Tax due - Dividends paid
Finance income 2,875.00 Trade payables 4,65,939.00 Additional loans
Accumulated taxable profit: Finance expense - Bank overdraft - Interest paid
Profit/loss before tax 46,528.00 Profit/loss before tax 46,528.00 Current liabilities 4,65,939.00 Net cash flow from financing
Previous taxable profit/loss -43,916.00 Tax assessed - Term loans -
Taxable profit/loss 2,612.00 Profit/loss for the period 46,528.00 Net cash flow
Earnings per share (cents) 1.16 Net assets 40,04,772.00 Previous cash balance
Cash balance
Dividends paid - Equity: (including a term deposit of -
Insurance claimed - Transferred to retained earn 46,528.00 Share capital 40,02,000.00
Primary non-insured risk 1,488.00 Previous retained earnings -43,916.00 Share premium account 160 Overdraft limit for next quarte
Retained earnings 2,612.00 Retained earnings 2,612.00 Borrowing power next quarte
Total equity 40,04,772.00

The Global Management Challenge is a business simulation designed by Edit Systems Ltd. ([Link]) and organised by SDG - Simuladores e Modelos de Gestão S.A. Portugal
World Copyright © 2013 - EDIT 515 Ltd, UK and SDG - Simuladores e Modelos de Gestão, S.A.
2

13,56,411.00
-
14,30,390.00
-
-73,979.00

2,875.00
-
50,000.00
-47,125.00

2,160.00
-
-
-
-
2,160.00

-1,18,944.00
19,76,635.00
18,57,691.00
11,50,000.00 )

6,00,000.00
14,54,000.00
1 1 1 1 1 24 24
1 1 1 1 1 2 2
999 999 999 999 999 999 999
2017 2017 2018 2018 2018 2018 2019
3 4 1 2 3 4 1
18C1 18C1 18C1 18C1 18C1 18C1 18C1
25 30 25 25 25 28 30
25 25 15 20 25 28 30
50 40 30 30 28 30 32
0 0 0 0 0 0 0
15 20 28 28 29 29 30
5 14 18 18 19 19 20
12 23 27 27 21 21 22
13 18 20 20 21 25 25
5 12 14 14 15 17 18
10 17 20 20 16 18 20
10 15 20 20 16 18 21
4 15 15 15 10 12 15
7 20 20 20 16 18 21
0 0 0 0 0 0 0
340 300 291 291 291 329 339
349 310 296 296 296 344 349
341 300 291 291 296 349 359
539 500 486 486 486 456 499
559 500 496 496 496 479 509
546 500 486 486 491 484 519
894 780 767 767 767 599 789
899 800 785 785 785 650 809
884 800 767 767 772 669 819
0 0 0 0 0 0 0
1090 1720 1640 1715 1700 1850 1800
620 900 860 920 920 980 1000
920 1500 1400 1550 1460 1460 1420
585 840 780 820 800 900 900
350 480 400 440 440 500 620
490 750 660 750 720 810 810
230 400 360 375 365 400 370
120 200 180 200 170 250 240
220 300 300 345 337 380 360
0 0 0 0 0 0 0
1 0 0 0 0 1 0
0 0 0 0 0 1 0
0 0 0 0 0 0 0
30 40 17 30 25 15 15
19 20 35 30 25 15 15
13 20 30 22 30 30 15
110 115 117 117 117 120 122
172 172 175 175 175 180 183
345 345 350 350 350 360 365
0 0 0 0 0 0 0
0 0 0 0 0 2 2
0 0 0 0 0 4 4
0 0 0 0 0 4 4
0 0 0 0 0 0 1500
0 0 0 0 0 0 750
0 0 0 0 0 0 500
6 6 8 6 12 10 10
2 0 0 0 0 5 5
2 0 0 0 0 4 4
0 0 0 0 0 0 0
4 4 4 4 5 5 5
10 10 10 10 10 10 10
13 12 13 13 13 13 13
4 4 4 4 5 5 5
10 10 10 10 10 10 10
12 12 12 12 12 12 12
0 0 0 0 0 0 0
21 20 21 21 21 21 21
5 5 5 5 10 10 10
0 0 0 0 0 0 0
0 0 0 0 0 0 0
400 16 0 20 0 0 0
2 1 0 0 1 0 0
0 0 0 0 0 0 0
30 20 17 20 18 18 18
2 2 2 2 2 2 2
20 16 17 17 18 18 18
18 15 18 18 15 15 16
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 1 6
6 4 2 2 4 1 1
1200 1200 1200 1200 1200 1202 1203
0 0 0 0 0 0 0
100 100 100 100 100 100 100
30 30 25 25 20 20 20
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 400 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 -700 0 0 0 -450 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 1 1
0 0 1 1 1 1 1
0 0 0 0 1 2 3
999 999 999 999 999 999 999
999 999 999 999 999 999 999
115 115 115 115 115 153 145
111 111 105 105 105 143 141
94 95 90 91 92 93 94
2.78 2.80 2.80 2.80 2.80 4.72 4.32
2.60 2.60 2.30 2.30 2.30 4.22 4.13
1.75 1.80 1.55 1.60 1.65 1.71 1.77
2630 3535 3838 4185 4080 4241 4220
1425 1758 1785 2010 1959 2156 2330
570 785 840 920 872 1030 970
2708 3697 4014 4312 4208 4423 4352
1466 1858 1894 2071 2022 2279 2403
586 808 865 948 899 1062 1000
78 103 114 127 128 133 132
41 52 54 61 62 69 73
16 23 25 28 27 32 30
0 59 62 0 0 49 0
0 48 55 0 1 54 0
0 0 0 0 0 0 0
999 999 999 999 999 999 999
1090 1475 1613 1715 1700 1828 1800
620 772 846 920 920 969 1000
920 1288 1379 1550 1460 1444 1420
585 713 756 820 799 878 900
350 407 388 440 440 487 620
490 638 641 750 720 791 810
230 348 360 375 365 400 370
120 174 180 200 170 250 240
220 263 300 345 337 380 360
999 999 999 999 999 999 999
1180 1651 1581 1698 1658 1740 1443
461 865 865 931 897 878 762
791 1310 1314 1480 1452 1396 1163
612 818 753 805 779 1152 862
257 464 413 441 416 663 508
421 647 640 711 704 899 724
271 401 358 379 363 679 352
108 215 189 201 186 383 184
187 308 301 333 336 497 323
999 999 999 999 999 999 999
1090 1475 1613 1715 1669 1740 1443
461 865 865 931 897 878 762
791 1310 1314 1480 1452 1396 1163
585 713 756 820 786 878 900
269 464 412 440 416 487 577
421 647 640 711 704 791 724
271 401 358 379 363 449 370
111 183 180 200 170 250 214
187 308 301 333 336 469 323
999 999 999 999 999 999 999
45 110 39 11 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
23 64 30 7 0 137 28
0 0 0 0 0 88 0
0 0 0 0 0 0 0
0 0 0 0 0 115 10
0 16 12 6 11 72 0
0 0 0 0 0 0 0
999 999 999 999 999 999 999
0 0 0 0 31 88 445
159 66 47 36 59 91 329
129 107 172 242 250 48 305
0 0 0 0 13 0 0
81 24 0 0 24 0 43
182 173 174 213 229 0 86
102 49 51 47 49 0 0
9 0 0 0 0 0 26
122 77 76 88 89 0 37
999 999 999 999 999 999 999
51 71 96 115 132 142 150
35 41 50 135 64 68 74
18 18 22 25 28 30 34
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
Minor Major Minor Minor Major Minor None
Minor Major None Minor Major Minor Minor
Minor Major None Major Minor Minor Minor
999 999 999 999 999 999 999
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 1500
0 0 0 0 0 0 750
0 0 0 0 0 0 500
999 999 999 999 999 999 999
24 30 34 36 38 42 41
47 53 62 69 69 69 76
0 0 0 0 0 1 6
9 19 18 11 11 19 12
0 0 0 0 0 0 0
0 0 0 0 0 0 0
30 34 36 38 42 41 48
53 62 69 69 69 76 74
999 999 999 999 999 999 999
999 999 999 999 999 999 999
181000 249000 252000 257000 241000 263000 284000
54244 68145 67213 72581 124484 139380 126779
24945 48887 43728 47948 48043 53513 49733
270857 315806 295281 310981 315768 379317 343544
20969 28521 26492 28840 27995 36278 30354
12810 14910 18760 30475 24520 26220 28600
62000 80000 82000 82000 80000 60000 45000
18000 15000 18000 18000 15000 15000 16000
90000 83000 60000 53000 65000 49500 52500
17850 15300 14450 17000 15300 16830 19805
10566 9716 9265 9498 9882 9179 14321
0 0 7500 7500 7500 12500 12500
4186 6366 6439 7009 6793 7338 6476
0 0 0 0 19895 12672 7710
100000 100000 100000 100000 100000 100000 100000
13389 21735 22157 22313 22688 22883 22920
880816 1056386 1023285 1064145 1123868 1203610 1160242
2037126 2411393 2654913 2779968 2854307 3075644 3005093
0 0 0 0 226 31435 4422
2537341 3467255 3529561 3353188 3315 7241 11565
2037126 2411393 2654913 2779968 2854307 3075644 3005093
0 0 0 0 0 24194 0
2008540 2400580 2386369 2654057 2849725 3242391 3740639
0 0 0 0 0 0 0
4312 1687 1687 1687 1687 0 0
0 0 0 0 0 0 0
800000 308000 0 10000 300000 0 0
0 0 0 0 0 405920 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
23989 19116 12088 9575 10913 2256 15639
-791091 -314616 258143 108023 -304644 261111 -751185
545732 -245359 -559975 -301832 -193809 -498453 -237342
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
850000 1073000 981000 948000 969000 972000 1265000
1009000 941000 1039000 1117000 1061000 1126000 770000
-329729 -318696 -231591 -187894 -154105 -176411 -218776
2096918 2732270 2649238 2884051 2799562 3244769 3035494
210725 403803 227194 118180 136608 212934 516957
0 0 0 0 0 0 506750
723982 527906 555404 778647 785208 1302972 1266193
102109 127342 135092 143059 142096 155078 157156
257372 345897 367505 434406 427153 486060 511398
167783 243048 253008 279888 253631 296966 307727
4760 6363 6773 7331 7129 7764 7755
59300 75100 77700 87650 78350 90900 99550
403803 227194 118180 136608 212934 516957 1599668
1122228 1502265 1504496 1712553 1617241 2035717 1773818
974690 1230005 1144742 1171498 1182321 1209052 1261676
0 0 0 0 0 0 0
63164 69085 67359 65676 71533 69745 68001
0 0 0 0 0 0 0
11033 87105 43697 33789 -22306 -42365 17794
-318696 -231591 -187894 -154105 -176411 -218776 -200982
999 999 999 999 999 999 999
999 999 999 999 999 999 999
-329729 -318696 -231591 -187894 -154105 -176411 -218776
100000 100000 100000 100000 100000 100000 100000
500000 508000 508000 518000 518000 518000 518000
2463452 2694367 2627008 2561332 2789799 2720054 2652053
0 0 0 0 0 0 0
184232 115804 118180 136608 156928 31553 203918
0 0 0 0 0 0 506750
219571 111390 0 0 56006 485404 889000
1113425 1434302 1428627 1532710 1477965 1647090 1677491
1150000 450000 450000 450000 450000 0 0
1150000 450000 450000 450000 450000 0 0
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 1077615 1353747
1395359 1009975 751832 643809 948453 237342 988527
0 0 0 0 0 0 0
4000000 4000000 4000000 4000000 4000000 4400000 4400000
0 0 0 0 0 5920 5920
3681304 3768409 3812106 3845895 3823589 4187144 4204938
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
2000 2000 2000 2000 2000 2000 2000
999 999 999 999 999 999 999
999 999 999 999 999 999 999
1000 1016 1016 1036 1036 1036 1036
225 250 250 250 275 275 275
300 340 360 380 420 410 480
0 0 0 0 5 0 223
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
7 9 10 10 10 11 11
2 1 0 0 1 0 0
9 10 10 10 11 11 11
1355 1355 1355 1355 1355 1339 1339
7 9 10 10 10 11 11
500 500 500 500 500 500 500
4 5 5 6 5 6 7
300 300 300 300 300 300 300
6 8 8 9 9 10 9
7476 9612 10680 10680 10680 11748 11748
86 94 125 138 146 177 215
5998 7969 8564 9493 9398 10506 10767
95.2 95.8 94.7 92.7 90.8 89.4 86.9
13824 17280 19584 20736 21888 24192 23616
66 224 282 310 339 245 367
12535 17057 18396 19978 19346 22055 22261
0 0 0 0 0 0 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
347 2000 2000 0 0 1051 5000
0 0 0 0 0 397 399
1051 1837 397 5298 0 719 0
0 0 0 0 0 0 0
7398 9837 10397 11298 10949 12167 12158
0 0 0 0 1051 0 3241
0 2000 0 0 0 0 4000
20 20 17 17 18 18 18
33122 45502 51296 56871 60946 66633 73156
1000 999 999 999 999 999 999
4 4 4 4 4 5 5
5 4 4 4 4 5 5
0 0 0 0 0 0 0
0 0 0 0 0 0 0
4 4 4 4 5 5 5
4 4 4 4 5 5 5
5 20 16 17 17 18 18
20 16 17 17 18 18 18
113 160 148 158 123 114 87
Not requestNot requestNot requestNot requestNot request
1 1
9.3 9.4
9.6 10.2
11.7 10.1
8.7 7.7
8.8 8.4
10.5 8.6
8.9 8.1
8.2 9.3
10.3 9.2
2 2
9.1 8.5
8.4 8.2
9.7 9.5
9.1 10.3
9.3 11.8
10.8 11.1
10.4 9.6
11.4 10.4
13.4 10.9
3 3
9 9.6
9.3 9.4
11.8 11.4
8.2 8.7
8.7 8.6
10.9 10.9
9.5 9.2
7.7 8
11 11.5
4 4
5.6 4.9
3.8 2.4
7.7 7
8.3 7.9
7.4 6.1
9.8 9.7
9.9 10.8
7 8.5
12.1 11.9
5 5
8.2 7.5
6.4 6.1
10.7 10.5
9.1 8.5
7.8 7.4
10.6 11.1
8.4 7.9
7.2 6.3
10.9 10.8
6 6
9.6 9.8
9.4 9.3
11 11.5
8 10.2
7.7 9.8
9.9 11.8
8.3 10.8
8.2 8.6
9.7 12.3
7 7
9 10.8
9.1 11.6
11 13
8.7 8.7
8.3 8.7
11.1 11.1
9.4 9.2
8.6 10.3
11.1 11.3
8 8
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
Not requestNot request
1 1 1 1 1
252000 257000 241000 241000 161000
82000 82000 80000 80000 3000
*** *** *** *** ****
** ** ** ** ****
** ** ** ** ***
**** **** **** **** ***
2 2 2 2 2
252000 257000 241000 263000 284000
82000 82000 80000 60000 45000
*** *** *** ***** ****
** ** ** **** ****
** ** ** ** **
**** **** **** **** ****
3 3 3 3 3
252000 257000 241000 241000 241000
82000 82000 80000 80000 80000
*** *** *** *** ***
** ** ** ** **
** ** ** ** **
**** **** **** **** ****
4 4 4 4 4
252000 257000 241000 269000 249000
82000 82000 80000 85000 75000
*** *** *** ***** *****
** ** ** **** ****
** ** ** ** *****
**** **** **** **** ****
5 5 5 5 5
252000 257000 241000 180000 177000
82000 82000 80000 60000 60000
*** *** *** ***** ****
** ** ** **** ****
** ** ** ** **
**** **** **** **** ****
6 6 6 6 6
252000 257000 241000 266000 276000
82000 82000 80000 80000 82000
*** *** *** ***** *****
** ** ** **** ****
** ** ** **** ****
**** **** **** **** ****
7 7 7 7 7
252000 257000 241000 290000 299000
82000 82000 80000 95000 70000
*** *** *** *** *****
** ** ** ** **
** ** ** ** **
**** **** **** **** ****
8 8 8 8 8
252000 257000 241000 0 0
82000 82000 80000 0 0
*** *** *** 0 0
** ** ** 0 0
** ** ** 0 0
**** **** **** 0 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
Free info Free info Free info Free info Free info Free info Free info
15 15 15 15 15 15 20
25 25 25 25 25 25 30
49 50 50 49 49 49 49
6834 6838 6893 6893 6893 6893 6952
4245 4245 4250 4250 4250 4250 4239
4230 4297 4314 4314 4314 4314 4489
96 95 95 96 95 96 94
53 52 53 54 53 54 52
1901 1995 1995 2118 2264 2331 2264
1901 1975 2121 2132 2184 2239 2256
86 86 86 85 85 86 85
999 999 999 999 999 999 999
999 999 999 999 999 999 999
65818 65832 65832 65433 65408 66172 67047
76533 76549 76549 76981 76951 76945 78879
75684 75781 75796 75927 75618 75618 75319
70921 71958 72498 71005 69658 69682 71553
500 500 500 500 500 500 500
999 999 999 999 999 999 999
999 999 999 999 999 999 999
1 1 1 1 1 1 1
9296 10071 10099 10324 10148 9274 6442
3718400 4028400 4039600 4129600 4059200 3709600 2576800
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3709600 2576800
340 300 291 291 291 295 300
349 310 296 296 296 300 305
341 300 291 291 296 300 302
539 500 486 486 486 490 502
559 500 496 496 496 496 505
546 500 486 486 491 495 501
894 780 767 767 767 777 790
899 800 785 785 785 795 800
884 800 767 767 772 782 790
80 102 114 116 118 130 145
1200 1200 1200 1200 1200 1200 1220
9 8 8 8 8 10 10
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
2 2 2 2 2 2 2
9296 10071 10099 10324 10148 9536 9248
3718400 4028400 4039600 4129600 4059200 4195840 4069120
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3788398 3660151
340 300 291 291 291 329 339
349 310 296 296 296 344 349
341 300 291 291 296 349 359
539 500 486 486 486 456 499
559 500 496 496 496 479 509
546 500 486 486 491 484 519
894 780 767 767 767 599 789
899 800 785 785 785 650 809
884 800 767 767 772 669 819
80 102 114 116 118 130 129
1200 1200 1200 1200 1200 1202 1203
9 8 8 8 8 10 10
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
3 3 3 3 3 3 3
9296 10071 10099 10324 10148 9861 9518
3718400 4028400 4039600 4129600 4059200 3944400 3807200
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3944400 3807200
340 300 291 291 291 291 291
349 310 296 296 296 296 296
341 300 291 291 296 296 296
539 500 486 486 486 486 486
559 500 496 496 496 496 496
546 500 486 486 491 491 491
894 780 767 767 767 767 767
899 800 785 785 785 785 785
884 800 767 767 772 772 772
80 102 114 116 118 130 124
1200 1200 1200 1200 1200 1200 1200
9 8 8 8 8 10 10
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
4 4 4 4 4 4 4
9296 10071 10099 10324 10148 9213 8231
3718400 4028400 4039600 4129600 4059200 3685200 3292400
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3685200 3292400
340 300 291 291 291 397 409
349 310 296 296 296 413 444
341 300 291 291 296 393 404
539 500 486 486 486 536 559
559 500 496 496 496 569 589
546 500 486 486 491 526 549
894 780 767 767 767 759 799
899 800 785 785 785 829 846
884 800 767 767 772 739 812
80 102 114 116 118 130 104
1200 1200 1200 1200 1200 1205 1205
9 8 8 8 8 10 10
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
5 5 5 5 5 5 5
9296 10071 10099 10324 10148 9177 8965
3718400 4028400 4039600 4129600 4059200 3670800 3586000
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3670800 3586000
340 300 291 291 291 329 329
349 310 296 296 296 359 359
341 300 291 291 296 329 329
539 500 486 486 486 489 489
559 500 496 496 496 539 539
546 500 486 486 491 489 489
894 780 767 767 767 769 769
899 800 785 785 785 839 839
884 800 767 767 772 769 769
80 102 114 116 118 130 137
1200 1200 1200 1200 1200 1215 1215
9 8 8 8 8 10 13
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
6 6 6 6 6 6 6
9296 10071 10099 10324 10148 8502 8080
3718400 4028400 4039600 4129600 4059200 3740880 3555200
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3333438 3146231
340 300 291 291 291 326 326
349 310 296 296 296 331 331
341 300 291 291 296 331 331
539 500 486 486 486 544 490
559 500 496 496 496 549 501
546 500 486 486 491 550 492
894 780 767 767 767 859 770
899 800 785 785 785 879 805
884 800 767 767 772 864 771
80 102 114 116 118 174 126
1200 1200 1200 1200 1200 1205 1205
9 8 8 8 8 10 13
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
7 7 7 7 7 7 7
9296 10071 10099 10324 10148 9216 9582
3718400 4028400 4039600 4129600 4059200 3686400 3832800
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 3686400 3832800
340 300 291 291 291 298 310
349 310 296 296 296 303 316
341 300 291 291 296 303 318
539 500 486 486 486 493 494
559 500 496 496 496 503 505
546 500 486 486 491 500 508
894 780 767 767 767 780 784
899 800 785 785 785 798 799
884 800 767 767 772 785 800
80 102 114 116 118 130 134
1200 1200 1200 1200 1200 1215 1216
9 8 8 8 8 10 10
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
8 8 8 8 8 8 8
9296 10071 10099 10324 10148 0 0
3718400 4028400 4039600 4129600 4059200 0 0
0 0 0 0 0 0 0
3718400 4028400 4039600 4129600 4059200 0 0
340 300 291 291 291 0 0
349 310 296 296 296 0 0
341 300 291 291 296 0 0
539 500 486 486 486 0 0
559 500 496 496 496 0 0
546 500 486 486 491 0 0
894 780 767 767 767 0 0
899 800 785 785 785 0 0
884 800 767 767 772 0 0
80 102 114 116 118 0 0
1200 1200 1200 1200 1200 0 0
9 8 8 8 8 0 0
999 999 999 999 999 0 0
999 999 999 999 999 0 0
999 999 999 999 999 0 0
Criminals arIt looks as i The EuropeanEU productioMost of the The EU is beFinancial re
attempts byCentral BankThey have rethe US. Theyentrepreneur stock to comincreased in
no regulator markets withbeing sold inWhen will g Private comp
the issues t

999 999 999 999 999 999 999


999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
032 17/06/ 032 17/06/ 032 17/06/ 032 17/06/ 032 17/06/ 032 20/10/ 032 20/10/
GBR 24121 GBR 24122
1 1 1 1 1 1 1
3063452 3302367 3235008 3179332 3407799 3650554 3887741
403803 227194 118180 136608 212934 140739 1522000
1113425 1434302 1428627 1532710 1477965 1599135 1499744
1150000 450000 450000 450000 450000 470000 480000
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 794575 1380657
1395359 1009975 751832 643809 948453 1261392 2504542
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4000000 4000000
0 0 0 0 0 0 0
-318696 -231591 -187894 -154105 -176411 -195539 -495714
3681304 3768409 3812106 3845895 3823589 3804461 3504286
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
2 2 2 2 2 2 2
3063452 3302367 3235008 3179332 3407799 3338054 3270053
403803 227194 118180 136608 212934 516957 1599668
1113425 1434302 1428627 1532710 1477965 1647090 1677491
1150000 450000 450000 450000 450000 0 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 1077615 1353747
1395359 1009975 751832 643809 948453 237342 988527
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4400000 4400000
0 0 0 0 0 5920 5920
-318696 -231591 -187894 -154105 -176411 -218776 -200982
3681304 3768409 3812106 3845895 3823589 4187144 4204938
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
3 3 3 3 3 3 3
3063452 3302367 3235008 3179332 3407799 3338054 3270053
403803 227194 118180 136608 212934 46162 33384
1113425 1434302 1428627 1532710 1477965 1547356 1461365
1150000 450000 450000 450000 450000 450000 450000
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 742822 768567
1395359 1009975 751832 643809 948453 746094 648266
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4000000 4000000
0 0 0 0 0 0 0
-318696 -231591 -187894 -154105 -176411 -107344 -202031
3681304 3768409 3812106 3845895 3823589 3892656 3797969
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
4 4 4 4 4 4 4
3063452 3302367 3235008 3179332 3407799 3338054 3280053
403803 227194 118180 136608 212934 659584 1260257
1113425 1434302 1428627 1532710 1477965 1423608 1248815
1150000 450000 450000 450000 450000 450000 450000
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 992780 1005035
1395359 1009975 751832 643809 948453 1026415 1448116
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4000000 4000000
0 0 0 0 0 0 0
-318696 -231591 -187894 -154105 -176411 -147949 -214026
3681304 3768409 3812106 3845895 3823589 3852051 3785974
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
5 5 5 5 5 5 5
3063452 3302367 3235008 3179332 3407799 3353054 3310053
403803 227194 118180 136608 212934 1259005 1784474
1113425 1434302 1428627 1532710 1477965 1536704 1319648
1150000 450000 450000 450000 450000 0 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 1280785 877882
1395359 1009975 751832 643809 948453 395291 1079893
999 999 999 999 999 999 999
0 0 0 0 0 600000 600000
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4000000 4000000
0 0 0 0 0 0 0
-318696 -231591 -187894 -154105 -176411 -127313 -143600
3681304 3768409 3812106 3845895 3823589 3872687 3856400
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
6 6 6 6 6 6 6
3063452 3302367 3235008 3179332 3407799 3338054 3270053
403803 227194 118180 136608 212934 2274076 1977545
1113425 1434302 1428627 1532710 1477965 1708699 1672765
1150000 450000 450000 450000 450000 250000 0
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 1889833 800567
1395359 1009975 751832 643809 948453 1633215 2339782
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4400000 4400000
0 0 0 0 0 5920 5920
-318696 -231591 -187894 -154105 -176411 -358139 -625906
3681304 3768409 3812106 3845895 3823589 4047781 3780014
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
7 7 7 7 7 7 7
3063452 3302367 3235008 3179332 3407799 3388054 3370053
403803 227194 118180 136608 212934 1154200 1297124
1113425 1434302 1428627 1532710 1477965 1592510 1675170
1150000 450000 450000 450000 450000 450000 450000
999 999 999 999 999 999 999
999 999 999 999 999 999 999
0 0 0 0 0 0 0
654017 635479 667877 808946 776656 1384900 943253
1395359 1009975 751832 643809 948453 1401798 1977154
999 999 999 999 999 999 999
0 0 0 0 0 0 0
999 999 999 999 999 999 999
4000000 4000000 4000000 4000000 4000000 4000000 4000000
0 0 0 0 0 0 0
-318696 -231591 -187894 -154105 -176411 -201934 -128060
3681304 3768409 3812106 3845895 3823589 3798066 3871940
999 999 999 999 999 999 999
999 999 999 999 999 999 999
999 999 999 999 999 999 999
8 8 8 8 8
3063452 3302367 3235008 3179332 3407799
403803 227194 118180 136608 212934
1113425 1434302 1428627 1532710 1477965
1150000 450000 450000 450000 450000
999 999 999 999 999
999 999 999 999 999
0 0 0 0 0
654017 635479 667877 808946 776656
1395359 1009975 751832 643809 948453
999 999 999 999 999
0 0 0 0 0
999 999 999 999 999
4000000 4000000 4000000 4000000 4000000
0 0 0 0 0
-318696 -231591 -187894 -154105 -176411
3681304 3768409 3812106 3845895 3823589
999 999 999 999 999
999 999 999 999 999
999 999 999 999 999
This is a hi This is a hi This is a hi This is a hi This is a hi SHRIKRISHNSHRIKRISHN
POWER HORPOWER HOR
24 24
2 2
999 999
2019 2019
2 3
18C1 18C1
30 30
30 30
32 32
0 0
36 36
24 24
24 24
27 27
18 18
22 22
21 21
15 15
21 21
0 0
314 324
319 331
324 335
499 509
514 524
519 524
794 809
809 819
814 821
0 0
2050 1700
1250 1000
1750 1400
950 1150
675 500
880 860
350 460
230 230
340 350
0 0
0 0
0 0
0 0
15 5
15 5
15 5
125 125
185 185
370 370
0 0
3 3
4 4
4 4
2250 2250
1250 1500
500 750
0 0
5 0
4 0
0 0
5 7
11 12
14 15
5 6
11 12
12 13
0 0
22 23
11 12
0 0
0 0
200 50
0 0
0 1
25 25
2 2
18 19
16 18
0 0
0 0
4 1
1 1
1207 1210
0 0
100 100
20 20
0 0
0 0
0 0
0 0
0 0
0 0
0 300
0 0
0 0
0 0
1 1
1 1
3 2
999 999
999 999
137 130
134 127
95 90
3.93 3.58
3.78 3.43
1.83 1.58
5042 4100
2505 2510
920 1040
5209 4230
2585 2591
949 1073
159 130
80 81
29 33
8 0
0 0
0 0
999 999
2046 1700
1248 1000
1748 1400
950 1150
675 500
880 860
350 460
230 230
340 350
999 999
1942 1830
1095 975
1575 1534
981 962
550 538
830 843
395 375
214 193
364 362
999 999
1942 1830
1095 975
1575 1534
950 988
550 538
830 843
350 400
214 193
364 362
999 999
0 0
0 0
0 0
29 0
0 0
0 0
27 0
0 0
0 0
999 999
549 419
482 507
478 344
0 162
168 130
136 153
0 60
42 79
13 1
999 999
153 170
80 87
35 34
999 999
999 999
999 999
None None
None None
Minor None
999 999
1500 2250
750 1250
500 500
0 0
0 0
0 0
2250 2250
1250 1500
500 750
999 999
48 53
74 74
4 1
14 6
0 0
0 0
53 53
74 68
999 999
999 999
300000 300000
158109 173337
55120 55583
404425 449542
34554 34505
29930 31750
45000 15000
16000 18000
50500 36500
23375 21250
22200 27511
12500 12500
7870 7663
9739 18302
100000 100000
22729 86390
1292051 1387833
3252259 3434904
1120 4096
14609 10458
3252259 3434904
0 0
3729398 3289883
0 0
0 0
0 215865
100000 25000
0 0
0 0
0 0
0 300000
31009 24560
-608148 611326
-988527 -1596675
999 999
999 999
999 999
1823000 1990000
301000 0
-200982 -87901
3420475 3450580
1599668 1925645
714250 842250
594561 23256
137775 112162
351215 302015
327966 290327
8743 7894
109500 93500
1925645 1745120
1918033 1851929
1502442 1598651
0 0
66301 59247
0 0
113081 127011
-87901 39110
999 999
999 999
-200982 -87901
100000 100000
618000 643000
2585752 2310640
0 0
301263 332130
714250 842250
910132 570740
1845707 1861383
0 0
0 0
0 0
1160410 929764
1596675 985349
0 300000
4400000 4400000
5920 5920
4318019 4445030
999 999
999 999
999 999
2000 2000
999 999
999 999
1236 1286
275 250
530 530
299 376
999 999
999 999
999 999
0 1
11 10
0 0
11 10
1339 1339
11 12
500 500
8 6
300 300
10 10
11748 10680
168 104
8225 5564
83.9 86.3
27648 30528
395 524
24674 23416
0 0
999 999
999 999
12241 12825
310 234
0 0
0 0
8726 6381
3825 6678
4000 4000
18 19
79274 85023
999 999
5 5
5 5
0 0
0 0
5 7
5 6
18 18
18 19
101 93

1 1
4.1 9.3
3.3 9.4
5.5 8.3
6.2 8.3
6.4 8
6.8 7.4
6.6 9.4
7.7 10.3
7.9 8.3
2 2
10.8 9.5
11.3 9.3
12 11.6
10 10.2
10.8 10.2
11.4 11.7
8.5 9.2
9.7 8.5
11.3 10.8
3 3
9.4 8.8
9.3 8.7
11 10.9
8.3 8.2
8.6 8.3
11.1 10
8.8 8.3
7.6 7.4
11.2 10
4 4
5.1 8.5
2.6 6.2
7.3 9.5
8.8 9.2
7.3 7.4
10.2 11
11.2 11
9.8 9
12.5 13.3
5 5
8.4 8.2
7.4 6.7
10.7 10.8
9 9.3
8.2 7.7
10.8 11.1
8.6 8.4
7.1 7.4
10.9 10.7
6 6
11.7 10.5
11.8 10.7
13.3 10.3
11.4 10.3
9.5 10.3
13.3 12.9
10.2 11.4
7.8 9.9
11.2 13.1
7 7
8.5 6.4
8.3 6.3
11.7 10.4
7.4 6.1
7.4 5.7
10.5 9.2
10.4 8.7
11.3 9.6
12.5 11.8
8 8
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999

1 1
193000 234000
3000 3000
**** ****
**** ***
*** ***
** **
2 2
300000 300000
45000 15000
**** ****
**** ***
** **
**** ****
3 3
241000 241000
80000 80000
*** ***
** **
** **
**** ****
4 4
241000 235000
75000 60000
***** ****
**** ****
***** ****
**** ****
5 5
191000 216000
60000 60000
**** ****
**** ***
** **
**** ****
6 6
278000 288000
52000 45000
***** ****
**** ****
*** ****
**** ****
7 7
302000 309000
30000 40000
**** ****
**** ****
**** ****
**** ****
8 8
0 0
0 0
0 0
0 0
0 0
0 0
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
Free info Free info
20 25
30 35
49 49
6952 6952
4239 4239
4489 4489
92 91
50 50
2242 2220
2283 2312
84 83
999 999
999 999
66258 65469
78879 78879
75319 75319
71553 71553
500 500
999 999
999 999
1 1
4686 1275
1874400 510000
0 0
1874400 510000
400 320
405 325
402 325
550 540
555 540
550 535
825 775
824 775
824 780
152 160
1220 1220
7 36
999 999
999 999
999 999
2 2
9653 9802
4247320 4312880
0 0
3836307 3899812
314 324
319 331
324 335
499 509
514 524
519 524
794 809
809 819
814 821
136 133
1207 1210
10 10
999 999
999 999
999 999
3 3
9141 8601
3656400 3440400
0 0
3656400 3440400
291 291
296 296
296 296
486 486
496 496
491 491
767 767
785 785
772 772
122 122
1200 1200
10 10
999 999
999 999
999 999
4 4
9121 10369
3648400 4147600
0 0
3648400 4147600
349 354
363 369
358 364
526 519
548 543
537 532
799 773
846 818
812 778
95 90
1208 1208
8 8
999 999
999 999
999 999
5 5
9308 10045
3723200 4018000
0 0
3723200 4018000
324 329
349 349
329 334
489 499
534 539
499 509
769 779
829 829
779 789
143 137
1216 1217
16 17
999 999
999 999
999 999
6 6
9552 10836
4202880 4767840
0 0
3791867 4354772
326 326
331 331
331 331
490 527
501 535
492 527
770 805
805 810
771 805
107 138
1205 1205
13 13
999 999
999 999
999 999
7 7
9685 9735
3874000 3894000
0 1
3874000 3934199
340 360
345 365
345 365
550 570
555 575
545 575
800 820
810 830
810 830
134 111
1217 1217
10 11
999 999
999 999
999 999
8 8
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Air pollution isThe US is futo become as big a political discussion
beginning
oint as globalPoliticians
warming. iThe visible signs and damage to health
online
are marke
forcing governments to take action.

999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
999 999
032 20/10/
032 20/10/2017
GBR 24122
GBR 241226223601
1 1
4119498 4033460
4030085 5159588
1145556 2668995
480000 480000
999 999
999 999
0 0
1875131 2418441
5451622 9252120
999 999
0 0
999 999
4000000 4000000
0 0
-1551614 -3328518
2448386 671482
999 999
999 999
999 999
2 2
3303752 3053640
1925645 1745120
1845707 1861383
0 0
999 999
999 999
0 0
1160410 929764
1596675 985349
999 999
0 300000
999 999
4400000 4400000
5920 5920
-87901 39110
4318019 4445030
999 999
999 999
999 999
3 3
3203752 3139108
2508 0
1495213 1497218
450000 450000
999 999
999 999
0 0
786846 784510
673189 758596
999 999
0 0
999 999
4000000 4000000
0 0
-308562 -456780
3691438 3543220
999 999
999 999
999 999
4 4
3278752 3264108
1447649 1089613
1327507 1651255
450000 450000
999 999
999 999
0 0
853996 675730
1814944 1504766
999 999
0 0
999 999
4000000 4000000
0 0
-165032 274480
3834968 4274480
999 999
999 999
999 999
5 5
3243752 3179108
1842363 1193128
1498756 1560907
0 0
999 999
999 999
0 0
839113 501918
1201492 694067
999 999
600000 600000
999 999
4000000 4000000
0 0
-55734 137158
3944266 4137158
999 999
999 999
999 999
6 6
3203752 3139108
779375 172840
1911134 2027268
0 0
999 999
999 999
0 0
488637 659513
1508787 306861
999 999
0 0
999 999
4400000 4400000
5920 5920
-509083 -33078
3896837 4372842
999 999
999 999
999 999
7 7
3303752 3239108
1666887 1973417
1753613 1480526
0 0
999 999
999 999
0 0
1195851 1045352
1426653 1451822
999 999
0 0
999 999
4000000 4000000
0 0
101748 195877
4101748 4195877
999 999
999 999
999 999
SHRIKRISHN
SHRIKRISHNA
POWER HOR
POWER HORSES

You might also like