2008 jkv annual report

8/6/2019 2008 JKV Annual Report

1/20

Keetki _dxnrvLgqaki Wdkr ?88:


2/20

En ned xdrqne ake) nr qjntif) od vjd dzxdrv ne

d|drw qgebid vjgeb d fn% Bnnf idkfdrq qtrrntef vjdc#

qdi|dq gvj xdnxid jn krd dzxdrvq) kef nrm vnbdvjdr

vn ardkvd qncdvjgeb ogbbdr kef odvvdr vjke antif jk|d

odde fned kined% Kq d xike) otgif kef de|gqgne k ltvtrd lnr ntr

nrbkegpkvgne) gv gq dqqdevgki vjkv d fn env igcgv ntr

|gqgne) vgcd nr rdqntradq vn vjd xjwqgaki ontefkrgdq nl

ntr akcxtq% Ntr cgqqgne akiiq lnr tq vn anevgetd vn

xrn|gfd dzadiidev akrd kef qdr|gadq vn vjd rdqgfdevq ne

ntr dzgqvgeb @nje Menz \giikbd akcxtq jgid kiqn qdr|#

geb vjd eddfq nl nifdr kftivq karnqq vjd cdvrn krdk kef

odwnef% Kef kq d nrm vn xrn|gfd lnr vjd gefg|gftki

eddfq nl vjnqd d qdr|d vnfkw) d ctqv kikwq aneqgf#

dr) vnn) vjnqd jn ckw od ig|geb kv nr odgeb qdr|df ow

@nje Menz \giikbd ;8) ;4 nr ?4 wdkrq lrnc en%

Rjkv gii ed|dr ajkebd nr kg|dr gq ntr xtrxnqd nl

qdr|geb nifdr kftivq% Rd krd anccgvvdf vn xrn|gfgeb k

fg|drqd krrkw nl fdxdefkoid) jgbj {tkigvw akrd kef

qdr|gadq kv ke dzadxvgneki |kitd vjkv) kon|d kii) dergaj

ig|dq kef otgif ancctegvw%

Fkegdi F% _dzrnvj

ADN.Xrdqgfdev)

@nje Menz \giikbd

Lnr vjd xkqv qd|drki wdkrq)

kq d xtv vjgq fnatcdev

vnbdvjdr) vjd qkcd mdw xjrkq#

dq ancd lnrvj0 Gv kq k

otgifgeb wdkr) k ed|gqgne) d vnnm mdw qvdxq

vnkrf) kef xikeq krd ge

vjd nrmq lnr% Ne vjd qtr#

lkad) gv qddcq igmd gv ntif od

cnrd gcxrdqqg|d vn jk|d k

brkef keenteadcdev vn jkeb

ntr aniidavg|d jkvq ne) otv vrtiw) G akev vjgem nl k cnrd

xnqgvg|d qdv nl xjrkqdq%

@nje Menz \giikbd gq env vjd vwxd nl nrbkegpkvgne vn

lnatq gvq vgcd kef rdqntradq neiw ne k qgebid brkefgnqd

xrn`dav% Rd krd k fwekcga nrbkegpkvgne gvj ed xrn`#

davq kikwq ne vjd jnrgpne kef nebngeb xrn`davq

kikwq ge vjd nrmq% Kv @nje Menz \giikbd) gv gq kikwq

k otgifgeb wdkr) k xikeegeb wdkr) kef k wdkr ge jgaj

d krd innmgeb vnkrf vjd ltvtrd%

Ge vnfkwq otqgedqq de|grnecdev) gv gq env gqd vn

`tqv qgv okam ne wntr iktrdiq% Rjgid wnt krd xkvvgeb

wntrqdil ne vjd okam) wntr ancxdvgvnrq krd xikeegeb

kef ikteajgeb ed gegvgkvg|dqkef xrdvvw qnne) wntr

iktrdiq krdev nrvj rdqvgeb ne kew inebdr%

Rd|d qxdev vjd xkqv wdkr kqmgeb {tdqvgneq nl ntr#

qdi|dq kef vjd xdnxid d qdr|d) bdvvgeb lddfokam ne jndrd fngeb kef jkv d qjntif od fngeb fglldrdeviw) kef

nrmgeb vnbdvjdrrdqgfdevq) lkcgiw cdcodrq) onkrf

cdcodrq) kef kqqnagkvdq kv kii id|diqvn xike ntr bnkiq

lnr vjd edzv lg|d wdkrq) kef odwnef%

Rjkv gii ed|dr ajkebd nr kg|dr gq ntr xtrxnqd nl qdr|geb nifdr kftivq%

XKBD ? @NJE MENZ \GIIKBD


3/20

Geqgfd kef ntv) drd ckmgeb vjd \giikbd cnrd odktvglti vjke d|dr%

XKBD ;6 @NJE MENZ \GIIKBD


5/20

Rjn d qdr|dkq xrn|gfdrq nl akrd

D|drw wdkr d xrn|gfd akrd kef qdr|gadq vn edkriw?)888 rdqgfdevq jn ig|d gvjge vjd ontefkrgdq nl ntr

dzgqvgeb akcxtq% Otv ntr cgqqgne fndq env igcgv tq vn

nrmgeb geqgfd vjnqd ontefkrgdq% Vjdrd krd vjntqkefq

nl nvjdr nifdr kftivq ge eddf nl jdkivj akrd qdr|gadq

karnqq vjd brdkvdr Mkeqkq Agvw krdk% Rjde wnt kiqn

geaitfd vjnqd d qdr|d ge k wdkr vjrntbj qncd nl vjd

nll#akcxtq qdr|gadq d nlldr) wnt bdv k qekxqjnv vjkvinnmq igmd vjgq0

% Gefdxdefdev Ig|geb _dqgfdevq ;)6?8% Jncd Jdkivj ;)288% \giikbd Akrd Adevdr ;)688% Kcotikead Qdr|gadq 7:8% Ajgifrdeq \giikbd ;?8

% Jnqxgad ;68% \kiidw \gd _dqgfdevgki Akrdkef Cdcnrw Akrd ;78

% IgldQvwid Qdr|gadq 68

VNVKI0 4778*

@nje Menz \giikbd qdr|dq edkriw


6/20

D|drwned vrdkvq cd qn egad) gv ckmdq cd lddi gcxnrvkev%

KEETKI _DXN_V # LGQAKI WDK_ ?88: G XKBD ;;


7/20

Otgifgebxnqgvg|d rdikvgneqjgxq

okqdf ne _DQXDAVXikeegeb lnr vjd ed @nje Menz \giikbd orkefgeb geg#

vgkvg|d qvkrvdf qd|drki wdkrq kbn) kef d jk|d odde

gevrnftageb ed didcdevq nl ntr orkefgeb aneadxv

qgead vjde) geaitfgeb ntr Orkef Dqqdead0 Dergajgeb

Ig|gebq Otgifgeb Ancctegvw%

_DQXDAV ge Kavgne gq k ornkf#rdkajgeb gegvgkvg|d vn

dejkead ntr otqgedqq ativtrd ow xrn|gfgeb kqqnagkvdq

gvj qvrkvdbgdq vn btgfd jn vjdw gevdrkav gvj vjnqd

vjdw qdr|d) od gv rdqgfdev) xkvgdev) atqvncdr) aigdev nr

an#nrmdr% Vjd dcxjkqgq gq aneqgqvdeviw ne otgifgeb

xnqgvg|d rdikvgneqjgxq tqgeb ancctegakvgne) dcxkvjw

kef vrtqv% Vjdqd vnniq jdix ardkvd vjd mgef nl rdikvgne#

qjgxq vjkv mddx xdnxid ancgeb okam vn @nje Menz

\giikbd kef geqxgrd vjdc vn vdii nvjdrq%

Cnrd dlldavg|d ancctegakvgneqD|drwvjgeb d fn kv @nje Menz \giikbd gq adevdrdf

krntef rdikvgneqjgxq% Ntr bnki gq vn ardkvd ineb#qvkef#

geb rdikvgneqjgxq gvj kii vjnqd xdnxid d qdr|d0 rdqg#

fdevq) lkcgiw) aigdevq) atqvncdrq) xkvgdevq) kqqnagkvdq)

kef otqgedqq xkrvedrq% Otv en rdikvgneqjgx ake d|de

odbge gvjntv dlldavg|d ancctegakvgne% Rd ckfd

brdkv qvrgfdq vjgq wdkr ge xrn|gfgeb d|de cnrd dlldavg|d

ancctegakvgne vjrntbj0

% d#Aneedavgneq0 Ntr ddmiw d#edqidvvdr lnr @njeMenz \giikbd kqqnagkvdq kq gektbtrkvdf ge Kxrgi ?882vn xrn|gfd k cnrd vgcdiw qjkrgeb nl gelnrckvgne lnr k

cnrd aneedavdf vdkc nl dcxinwddq%

% Vjd @nje Menz \giikbd \ngad Ckbkpged0 Vjgqcnevjiw ckbkpged) xtoigqjdf ow kef lnr vjd rdqgfdevq)

tefdrdev k vnvki rd#fdqgbe) ckmgeb gv k cnrd dlldavg|d

vnni vn jdix mddx rdqgfdevq ge vntaj gvj jkvq jkx#

xdegeb kii krntef vjd \giikbd%

Jkrcnew kv RnrmVjd Jkrcnew kv Rnrm Anccgvvdd) ckfd tx nl kqqnagkvdq

lrnc k |krgdvw nl fdxkrvcdevq kef id|diq gvjge vjd nrbkegpk#

vgne) qvrg|dq vn gfdevglw nxxnrvtegvgdq vn fd|dinx rdqxdav kef

|kitd lnr kef adidorkvd vjd teg{tdedqq nl dkaj cdcodr nl vjd@nje Menz \giikbd ancctegvw% Ow jdixgeb ntr kqqnagkvdq idkre

jn vn tefdrqvkef kef dcorkad vjd fglldrdeadq ge vjd xdnxid

vjdw gevdrkav gvj dkaj fkw) vjdw krd odvvdr koid vn xrn|gfd jgbj

{tkigvw qdr|gad kef akrd vn rdqgfdevq kef vjd atqvncdrq nl vjd

\giikbd% Kq k cnrd fg|drqd nrbkegpkvgne) d krd cnrd fwekcga)

vnn) vjrntbj vjd ordkfvj nl teg{td gfdkq kef dzxdrgdeadq ntr

kqqnagkvdq orgeb vn ntr xikeegeb kef fdagqgne#ckmgeb xrnadqqdq%

XKBD ;8 @NJE MENZ \GIIKBD


8/20

Brngebntr otqgedqq

Vjd xrkavgad nl igqvdegeb kef idkregeb bg|dq tq vjd

gelnrckvgne d eddf kq d nrm dkaj fkw vn ltilgii ntr

cgqqgne nl dergajgeb ig|dq kef otgifgeb ancctegvw% Gvq

kv vjd rnnv nl d|drw tefdrvkmgeb) lrnc ntr otqgedqq ati#

vtrd nl _DQXDAV ge Kavgne vn ntr akcxtq odktvglgak#

vgne kef gcxrn|dcdev dllnrvq) qvrkvdbga xikeegeb gegvgk#

vg|dq) Jncd lnr Igld Qnitvgneq kef cnrd% Otv kon|d kii)

@nje Menz \giikbd gii anevgetd vn brn) fd|dinx kefgeen|kvd vn ardkvd k ed cnfdi nl qtaadqqlti kbgeb vjkv

dejkeadq d|drw xdrqneq xnvdevgki kef rdckgeq aneqgq#

vdev gvj ntr xtrxnqd nl qdr|geb nifdr kftivq%

Rdiancd vn Lnrdqv Ikmd%lnrdqvikmdkv`m|%nrb

Lnrdqv Ikmd) ntr eddqv edgbjonrjnnf) gq atrrdeviwge fd|dinxcdev% Rgvj vjd Gelnrckvgne Adevdr kef

cnfdi jncd ancxidvd) rdvgrdcdev anteqdinrq krd en

koid vn qjnakqd vjd rdlgedf xrkgrgd#qvwid krajgvdavtrd

xikeedf lnr vjd ;6; kxkrvcdev jncdq kef 1? |giikq%

Klvdr qgbegeb tx 188 xrgnrgvw cdcodrq jn drd

xrncgqdf lgrqv kaadqq vn kii gelnrckvgne) vntrq kef

jncd qdidavgneq) vjd qkidq vdkc jkq odbte qgbegeb ane#vrkavq gvj vjd lgrqv k|d nl ltvtrd rdqgfdevq%

Vjgq ed jntqgeb nxvgne mddxq tq ancxdvgvg|d gvj

vjd rdvgrdcdev ancctegvgdq odgeb otgiv ge vjd krdk%

Vjd jncdq gii od cnrd qxkagntq) kef gii kff k ed

qdv nl xrnbrdqqg|d qdr|gadq kef kcdegvgdq vn ntr anc#

ctegvw% Lnrdqv Ikmd nlldrq k ed rdqgfdeaw xike vjkv gq

;88 xdradev rdltefkoid) kiingeb rdqgfdevq vn xkw kq

eddfdf lnr kew nl vjd \giikbdq ltii anevgettc nl jdkivj

akrd qdr|gadq%

Jncd lnr Igld Qnitvgneq0Jdixgeb qdegnrq kbd ge vjdgr jncdq%jncdlnrigldqnitvgneq%anc

Brngeb etcodrq nl nifdr kftivq krd dcorkageb

vdajeninbw vjkv gii dekoid vjdc vn cnrd qtaadqqltiiw

kbd ge xikad% Vn jdix cddv vjnqd eddfq) @nje Menz\giikbd kef gvq qgqvdr ancxkew) XrdcgdrIgld Devdrxrgqdq)

Gea%) jk|d odbte nlldrgeb dkqw#vn#tqd ge#jncd vnniq kef

geen|kvg|d qdr|gadq vjkv ake jdix vjnqd jn lkad jdkivj

ajkiidebdq ig|d gefdxdefdeviw ge vjdgr ne jncdq%

Jncd Lnr Igld Qnitvgneq nlldrq vjrdd anrd qdr|gadq

vjkv ake rdckge qdxkrkvd nr od ancogedf lnr xdnxid

jn lkad xjwqgaki nr cdcnrw ajkiidebdq0 qkldvw) qdat#rgvw kef kqqgqvkead gvj fkgiw ig|geb= ge#jncd jdkivj

cnegvnrgeb= kef cdfgakvgne ckekbdcdev%

Vjd @nje Menz \giikbd Lntefkvgne jkq fnekvdf bde#

drntqiw vn vjgq kef nvjdr vdajeninbgaki gegvgkvg|dq lnr

vjd \giikbd) geaitfgeb kf|keadq ge vjd tqd nl didavrnega

cdfgaki rdanrfq kv vjd \giikbd Akrd Adevdr kef vjd

xngev#nl#akrd odfqgfd cdfgaki rdanrf qwqvdc tqdf ow

ntr jncd jdkivj kef jnqxgad etrqdq kef vjdrkxgqvq%

KEETKI _DXN_V # LGQAKI WDK_ ?88: G XKBD 7


9/20

Vkmgeb k lrdqj kxxrnkaj vn rdvgrdcdev ig|geb%

XKBD : @NJE MENZ \GIIKBD


10/20


11/20

Igqvdegebvn vjnqd d qdr|d

Idkfgeb vn k anccne tefdrqvkefgebVjd frdkc nl @nje Menz \giikbd odbke ge vjd jdkrvq

kef cgefq nl k ld onif xgneddrq cnrd vjke 68 wdkrq

kbn kef odakcd k rdkigvw ge ;728 jde vjd lgrqv rdqg#

fdevq krrg|df% Lkqv#lnrkrf vn vnfkw kef wnt gii qdd

jn vjgq nrbkegpkvgne jkq brne gevn k |kqv krrkw nl

xrnbrkcq kef qdr|gadq) onvj ne kef nll vjgq akcxtq%

N|dr vjd wdkrq) cnrd vjke ;8)888 qdegnrq jk|d ig|df

jdrd ge gefdxdefdev ig|geb) kef d krd en qdr|geb

edkriw


12/20

Lgqaki Wdkr ?88:

Jgbjigbjvq*Kxrgi ;) ?882 Ckraj 1;) ?88:'

% Odbke &2 cgiigne vnvki rden|kvgne xrn`dav ge vjdK , A kxkrvcdev otgifgebq%

% Odbke &;%6 cgiigne rdcnfdigeb nl vjd L.B.JOtgifgeb ancxidz%

% Aneqvrtavdf lntr ed qgebid#lkcgiw jncdq% Txfkvdf anccne krdkq kef anrrgfnrq kvIkmdqjnrd Ckenr%% _nnl rdxikadcdev xrn`davq rkx tx Ancxidvdf cnqv nl vjd jkgi#fkckbdf rnnl rdxikadcdevq

ge gefdxdefdev ig|geb jncdq% _dxkgrdf rnnlq nl kxkrv#

cdev otgifgebq) vjd kfcgegqvrkvg|d adevdr kef \kiidw

\gd _dqgfdevgki Akrd% Vjd Xk|gigne rnnl anevgetdq gevn

LW87% Anqvq an|drdf ow geqtrkead%

% Vjd Ajgifrdeq \giikbd adidorkvdf gvq ;4#wdkrkeeg|drqkrw%% @nje Menz \giikbd Jncd Jdkivj KbdeawqMkeqkq nllgadq ancogedf nxdrkvgneq kef krd en qajdf#

tigeb qdr|gadq lrnc k qgebid nllgad ge Ikeqgeb) Mke%

% Lnrdqv Ikmd qkidq vdkc rdkajdf gvq bnki nl 188xrgnrgvw cdcodrqjgxq ow Ktbtqv ?882% Vjd Lnrdqv Ikmd

Gelnrckvgne Adevdr nxdedf ge Qdxvdcodr ?882) kef

cnfdi jncd vntrq kef qkidq dllnrvq odbke ge dkredqv ge

Navnodr%

% Lgvedqq Adevdr tqd nlldrdf vn kqqnagkvdq lrdd nlajkrbd *xrd|gntqiw &?8 xdr cnevj' kq xkrv nl brdkvdr

dcxjkqgq ne kqqnagkvd jdkivj kef diiedqq%

%_djkogigvkvgne Qdr|gadq nxdedf ntvxkvgdev qkvdi#igvd nllgad ge \kiidw \gdq Rgefqnr _nnc lnr gefdxdef#

dev ig|geb kef \kiidw \gd rdqgfdevq) nlldrgeb xjwqgaki)naatxkvgneki kef qxddaj vjdrkxw%

% QVKW 6 Igld) k diiedqq kef lgvedqq xrnbrkc lnr rdq#gfdevq ge gefdxdefdev ig|geb kef \kiidw \gd

_dqgfdevgki Akrd) ikteajdf ge Kxrgi ?882) xrn|gfgeb

kqqdqqcdevq kef diiedqq aikqqdq vn jdix vjdc qvkw

jdkivjw kef gefdxdefdev inebdr%% _DQXDAV ge Kavgne mgamdf nll gvq qdanef wdkr nlkqqnagkvd vrkgegeb kef otqgedqq ativtrd fd|dinxcdev%

*Qdd xkbd ;?%'

% Jncd lnr Igld Qnitvgneq0 @nje Menz \giikbdikteajdf k xrnftav iged nl vdajeninbw#okqdf vnniq% *Qdd

xkbd 2 vn idkre cnrd%'

@nje Menz \giikbdqlkcgiw nl qdr|gadq

% Gefdxdefdev Ig|geb0 Rgvj cnrd vjke ;)188jncdq ne ntr 688- kard akcxtq% \kiidw \gd0 _dqgfdevgki Akrd kef Cdcnrw Akrd% \giikbd Akrd Adevdr0K 618#odf qmgiidf etrqgeblkagigvw gvj ineb#vdrc akrd) xnqv#katvd akrd kefcdcnrw akrd qdr|gadq% @nje Menz \giikbd Jncd Jdkivj Kbdeaw0Xrn|gfgeb jncd jdkivj qdr|gadq vn vjnqd ig|geb ge vjd

brdkvdr Mkeqkq Agvw krdk kef odwnef% IgldQvwid Qdr|gadq0 Xrg|kvd ftvw qdr|gadq ge vjdjncd vjrntbjntv brdkvdr Mkeqkq Agvw kef odwnef

% \giikbd Jnqxgad0Def#nl#igld akrd ge brdkvdrMkeqkq Agvw kef odwnef% Jncd lnr Igld Qnitvgneq0 Xrnftavq lnr qkldvwkef qdatrgvw) ge#jncd jdkivj cnegvnrgeb kef cdf#

gakvgne ckekbdcdev



13/20

G in|d odgeb koid vn q{tddpd ge k nrmntv ftrgeb vjd fkw%

XKBD 6 @NJE MENZ \GIIKBD


14/20

Cnrd vjke `tqv k inbn)

vjd @nje Menz \giikbd orkef

jdixq tq qvkw lnatqdf ne0

Rjn d krd

Rjkv d fn Rjdrd d krd

Rjdrd drd bngeb

Rjn d qdr|d

Jn d qdr|d vjdc

Cnrd vjke k

lrdqj ed innmWntii envgad vjkv vjd oitd rdavkebid dcoikpnedf

gvj vjd nrfq @nje Menz \giikbd jkq odde

rdxikadf gvj k lrdqjdr) orgbjvdr inbn% En) drd env

ajkebgeb jkv d fn nr jw d fn gv= rkvjdr drd

vkmgeb k lrdqj innm kv ntr otqgedqq de|grnecdev kef

vjd eddfq kef fdqgrdq nl vjd xdnxid d qdr|d%

Vjd ardkvgne nl vjgq ed inbn kq xkrv nl k ikrb#

dr orkefgeb qvrkvdbw) vn ckmd qtrd ntr gckbd rdlidavq

jn d krd vnfkw kef jkvq gcxnrvkev ge ntr nrm0 ancctegvw) brnvj kef rdikvgneqjgxq% Vjd

ikteaj nl vjd ed inbn gq vjd aticgekvgne nl qd|drki

wdkrq nl odjgef#vjd#qadedq nrm vn rd#xnqgvgne jn

d qdd ntrqdi|dq kef jn d kev nvjdrq vn qdd tq0

Kq vjd idkfdr kcneb qdegnr ig|geb ancctegvgdq kef

qdegnr qdr|gad xrn|gfdrq ge vjd Brdkvdr Mkeqkq Agvw

krdk%

Ntr Orkef Dqqdead0Dergajgeb Ig|dq)

Otgifgeb Ancctegvw

Ntr Orkef Xrncgqd0@nje Menz \giikbd gii qddm lgrqv vn tefdrqvkef wntr gefg|gftki eddfq% Rd

gii vjde jdix wnt fdqgbe k xike lrnc ntr texkrkiididf krrkw nl nxvgneq vn

dergaj wntr igld kv ke dzadxvgneki |kitd%



15/20

Kkrfq, _danbegvgne

% @kamgd Owdrq) IXE) \kiidw \gd Cdcnrw Akrd) ekcdfDcxinwdd Akrdbg|dr nl vjd

Wdkr ow vjd Cgqqntrg

Kqqnagkvgne nl Jncdq lnr vjd

Kbgeb *CnKJK'%

% _nfedw CaOrgfd) |gadxrdqgfdev) jdkivj kef ancct#

egvw qdr|gadq brntx) kq

ekcdf ajkgr nl vjd Cgqqntrg

Kqqnagkvgne nl Jncdq lnr vjd

Kbgeb *CnKJK'%

% Ineb#vgcd @M\ rdqgfdevLinrdead Jnnbdqvdbdr

kq jnenrdf kv vjd Iddq

Qtccgv Ckwnrq Ajkrkavdr

Ordkmlkqv kq ke ntvqvkefgebagvgpde jn anevrgotvdf edkr#

iw 68 jntrq k ddm nl xdrqne#

ki vgcd vn jdixgeb vjd Iddq

Qtccgv Aneadrv Kqqnagkvgne%

% Ancctegvw Jdkivj Qdr|gadq Fgrdavnr OkrokrkDifdr Ndeqkq didavdf vn qdr|d ne vjd onkrf lnr

vjd Cgqqntrg Jnqxgad kef Xkiigkvg|d Akrd Nrbkegpkvgne

ge @ketkrw ?88:%

% Igqk Drgamqne) CQR)\giikbd Jnqxgad) kq ekcdfk Jdrn ge Jdkivjakrd ow Mkeqkq Agvwq Gebrkcq

Ckbkpged) ke kkrf okqdf ne {tkigvgdq qtaj kq idebvj

nl qdr|gad ge jdr xrnldqqgne) xrnbrkcq qjd gegvgkvdf)

kef xdrqneki gegvgkvg|d vn cn|d jdr nrm lnrkrf lnrvjd odedlgv nl vjnqd qjd akrdq lnr%

% Fke _dzrnvj) @nje Menz \giikbd xrdqgfdev kefADN) kq didavdf kq Ajkgrxdrqne nl Akrgeb

Ancctegvgdq Geqtrkead Ancxkew%

% Vn kqqnagkvdq0 Ckrgiwe Tajvcke kef MkvjwQgcxqne) IXE adidorkvdf 14 wdkrq nl ltilgiigeb

dcxinwcdev kv @nje Menz \giikbd%

Ancgeb ge Lgqaki Wdkr ?887% Ltii ikteaj nl ed orkefgeb qvrkvdbw% AK_L#AAKA rd#kaardfgvkvgne xrnadqq% Akcxtq odktvglgakvgne bndq gevn ltii qgeb)

geaitfgeb ikefqakxgeb) qgbekbd kef akcxtq

igbjvgeb gcxrn|dcdevq

% L) B kef J Otgifgebrden|kvgneq ancxidvd

% _nnl rdxkgr xrn`davqrdkaj ancxidvgne

% K kef A Otgifgebqrd#nxde% _dqgfdev qkvgqlkavgne

qtr|dw


16/20

Lgqaki Wdkr ?88: @nje Menz\giikbd Onkrf nl Fgrdavnrq

@nje F% Ati|dr *Ajkgr'0 _dvgrdf)

lnrcdr Odjk|gnr Gevdr|devgnegqv)_kwvne Qajnni Fgqvrgav *Cgqqntrg'

Bdnrbd K% Xkbdiq) C%F% *\gad Ajkgr'0Xrdqgfdev kef ADN) Qkgev Itmdq Dkqv#Iddq Qtccgv=

Qdegnr \gad Xrdqgfdev kef Ajgdl Cdfgaki Nllgadr)

Qkgev Itmdq Jdkivj Qwqvdc

_nw In|de *Qdardvkrw'0 _dqgfdev

_nodrv Diigq0 _dqgfdev

Vjnckq @% Ikebdeodrb0 Xrdqgfdev kef ADN)Ancctegvw Jdkivj Brntx *AJB'

Akrniwe Akifdii0 Xrdqgfdev kef ADN)

Adevdrxngev Cdfgaki Adevdr

Cgajkdi @% Oikmd0 ADN kef Bdedrki Anteqdi)Aneqnigfkvdf Geqtrkead Qdr|gadq) IIA

Krvjtr L% Fdqodrrw0 _dqgfdev

Lrkem B% @keedr0 _dvgrdf) lnrcdr\gad Xrdqgfdev kef Ajgdl Lgekeagki Nllgadr)

Cdenrkj Cdfgaki Adevdr

@nje Menz \giikbdAnrxnrkvd Qvkll

Fkegdi F% _dzrnvj0 Xrdqgfdev.ADN

@kcdq J% Lrkemige) _JX0 \gad Xrdqgfdev)Lgekead kef Anrxnrkvd Vrdkqtrdr

Odvvw Lrddcke#Onnvq) QXJ_0\gad Xrdqgfdev) Jtcke _dqntradq

_nfedw I% CaOrgfd0 \gad Xrdqgfdev)Jdkivj kef Ancctegvw Qdr|gadq Brntx

Ckrgk V% Vgcodrikmd0\gad Xrdqgfdev) Qdegnr Ig|geb

@nje Menz \giikbdLntefkvgne Onkrf nl Vrtqvddq

Mkvjdrged Mkvgd Jndii0 Ajkgr_nekif F% Mdke0 \gad Ajkgr

@% Ckrm Lntevkge0 Qdardvkrw

Qkefw Ikebqlnrf#Anz0 Vrdkqtrdr

Qvdxjde X% Ajgee

B% Fk|gf BkidCgajkdi F% Ca_noogd

Fk|gf _nqq

Dtbded _% Rgiqne

Lntefkvgne QvkllRgiigkc A% Odrbnqj) AL_D) Xrdqgfdev688 E%R% Ctrrkw _nkf) Iddq Qtccgv) CN


17/20

@M\ AneqnigfkvdfQvkvdcdev nl Nxdrkvgneq

&:)?;8):


18/20

@M\ Aneqnigfkvdf Okikead Qjddvq

&1)14:)2;;

6)7


19/20

lrnev ancxdvgvgne ow fgqvgebtgqjgeb ntrqdi|dq vjrntbj k

gfd krrkw nl qdr|gadq nlldrdf ge k {tkigvw ckeedr kef

qdvvgeb%

Vjd danencw jkq jkf ke gcxkav ne qkidq vjgq xkqv

wdkr) otv d jk|d odbte vn qdd envgadkoid gcxrn|dcdevge vjd ed lgqaki wdkr% Kffgvgnekiiw) vjd \giikbdq ge|dqv#

cdev xnrvlnign kiqn rdlidavdf inqqdq kq k rdqtiv nl vjd

danencga ajkebdq%

Rd krd brkvdlti vn vjd @nje Menz \giikbd

Lntefkvgne kef @nje Menz \giikbd Ktzgigkrw lnr vjdgr

anevgetdf lgekeagki qtxxnrv nl vjd \giikbdq akxgvki

eddfq) dftakvgneki xrnbrkcq kef vjd rdqgfdev lgekeagki

kqqgqvkead xrnbrkc%

@kcdq J% Lrkemige)

\gad Xrdqgfdev nl Lgekead

Lgqaki Wdkr ?88:Lgekeagki Qtcckrw

@nje Menz \giikbdq keetki rdxnrv rdlidavq vjdktfgvdf lgekeagki qvkvdcdevq lnr vjd ?88: lgqaki wdkr%

Vjd nrbkegpkvgne qk gcxrn|df nxdrkvgeb lgekeagki

rdqtivq lrnc vjd xrgnr wdkr) klvdr aneqgfdrgeb inqqdq

rdqtivgeb lrnc vjd rgvd#fne nl otgifgebq kqqnagkvdf

gvj kxkrvcdev otgifgeb kef jntqgeb rden|kvgne xrn`#

davq% Cnrdn|dr) vjd qvkvdcdevq rdlidav inqqdq rdikvdf vn

vjd rdlgekeageb nl vjd \giikbdq vkz#dzdcxv onef gqqtdq)

ke gevdrancxkew vrkeqldr kef qd|drki dzvrknrfgekrw

dzxdeqdq) kii vnvkigeb edkr &4 cgiigne%

_d|detdq vjgq xkqv wdkr gcxrn|df 2%4 xdradev lrnc

vjd xrgnr wdkr) jgid dzxdeqdq brd ow neiw < xdradev

kef kqqdvq brd cnrd vjke &;? cgiigne% Vjd ?882 vkz#

dzdcxv onef gqqtd kq lgekeadf kv k rkvd nl idqq vjke

lg|d xdradev% Vjd ltefq gii od xtv vnkrf0

% lgekeageb nl vjd vnvki rden|kvgne nl vjrdd kxkrvcdevotgifgebq) gevrnftageb ed ikrbdr kef cnrd ckrmdvkoidtegvq adevdrdf krntef k antrvwkrf kavg|gvw krdk

% ltefgeb lnr anccne krdk rden|kvgneq ge qd|drkinvjdr kxkrvcdev otgifgebq

% ltefq lnr vjd odbgeegeb nl k akcxtq odktvglgakvgnexrnbrkc

Rd krd kirdkfw noqdr|geb k brnvj ge naatxkeaw ge

vjnqd otgifgebq jgaj jk|d odde rden|kvdf%

Ntr ed Lnrdqv Ikmd xrn`dav) aneqgqvgeb nl ;21

tegvq) gq dii tefdrkw gvj edkriw &; cgiigne nl

fdxnqgvq ow xrnqxdavg|d rdqgfdevq% Rd anevgetd vn ane#

XKBD ;< @NJE MENZ \GIIKBD


20/20

2008 jkv annual report

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