ifrs & corp. governance - dun & bradstreet april, 2011
TRANSCRIPT
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Nmplkmkjt`tnoj of NFQTNmplkmkjt`tnoj of NFQT --Nm ln n j j r r v rj jNm ln n j j r r v rj j
Dorpor`tk Hovkrj`jdk `jg Ktend`l Gkdnsnoj M`bnjhDorpor`tk Hovkrj`jdk `jg Ktend`l Gkdnsnoj M`bnjh
Gr. Y`rntose D. A`suGr. Y`rntose D. A`su@prnl >, 1900@prnl >, 1900
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Gnsdussnoj FlowGnsdussnoj Flow
@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt
Dorpor`tk Hovkrj`jdk QkvnsntkgDorpor`tk Hovkrj`jdk Qkvnsntkg
Ttrnbnjh Fk`turks of NFQTTtrnbnjh Fk`turks of NFQT
` kjhks j orw`r `t` kjhks j orw`r `t
Bky Pukstnojs from @ugnt Dommnttkk `jg Ao`rg of GnrkdtorsBky Pukstnojs from @ugnt Dommnttkk `jg Ao`rg of Gnrkdtors
Wr`jsntnoj to NFQTWr`jsntnoj to NFQT Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts
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@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt
Xe`t ns tek frkqukjdy?
Y`te to tek Ynjj`dlk?
For weom nt ns gojk?
Xe`t `rk tek Fr`mkworbs?
Xe`t go wk go?
Lkt us rkvnsnt k`de qukstnoj nj kvkry stkp of forw`rg p`teLkt us rkvnsnt k`de qukstnoj nj kvkry stkp of forw`rg p`te
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@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt@ddoujtnjh `jg Qkportnjh nj De`jhnjh Kjvnrojmkjt .. 1.. 1
9
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099
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V`luk`jgQklkv`jdk(%)
Qklkv`jdk `jg Wnmk v`luk ofDorpor`tk Fnj`jdn`l Njform`tnoj
Njtkrj`l V`luk
Kxtkrj`l V`luk
Hloa`l
Doujtry
Kjtnty
Gnvnsnoj
0 1 4 7 ; 6
Tp`j `jg pkrspkdtnvk of Dorpor`tkfnj`jdn`l rkportnjh Tt`bkeolgkrs D`pnt`l / Gkat M`rbkt Wr`js`dtnojs Multnplk Qkhul`tors Qklkv`jdk
Wek Anh Pukstnoj - Ns Hoog Dorpor`tk Hovkrj`jdk H@@Y @hjostnd?
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Dorpor`tk Hovkrj`jdk Qkvnsntkg
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Dorpor`tk Hovkrj`jdkDorpor`tk Hovkrj`jdk QkvnsntkgQkvnsntkg
F`dtors te`t NjflukjdkF`dtors te`t Njflukjdk Owjkrsenp strudturk Do-kxnstkjdk of multnplk d`tkhornks *
Domposntnoj of Ao`rg of Gnrkdtors jg nts Tua Dommnttkks
Njgkpkjgkjt Gnrkdtors Yosntnojs nj too m`jy dorpor`tk eousks
Fnj`jdn`l Ttrudturk Kxtkrj`l gkat vs. kqunty *
Todno-kdojomnd kjvnrojmkjt *
Kffkdtnvk @ugnt Dommnttkk
s `j`hkmkj V`luk - M`xnmnsk drk`tnoj `jg mnjnmnsk gkstrudtnoj *
Multnplndnty of Wools *Tt`tutks, Qulks, Qkhul`tnojs, Qkhul`tors
Gnsdnplnjk nj D`pnt`l `jg Aojg M`rbkt
Tystkmnd proalkms rkl`tkg to njvkstor frnkjgly njform`tnoj
Gkm`jg / dompulsnvk *
Mojntornjh dosts
Gnsskmnj`tnoj @ddoujtnjh *, Fnj`jdn`l * `jg Opkr`tnoj`l *
*Wo ak gnrkdtly or njgnrkdtly nmp`dtkg mork ay NFQT / NJG @T
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Dorpor`tk Hovkrj`jdkDorpor`tk Hovkrj`jdk QkvnsntkgQkvnsntkg 1 1
Nssuks `jg DojtrovkrsnksNssuks `jg Dojtrovkrsnks Pukstnoj`alk ktends *
Ake`vnour `jg tojk `t tek top
Wruk njgkpkjgkjdk of tek Ao`rg
Godtrnjk of Njgoor M`j`hkmkjt Lnftnjh tek dorpor`tk vknl *
@hhrkssnvk k`rjnjhs m`j`hkmkjt *
*
F`ulty kxkdutnvk dompkjs`tnoj pr`dtndks *
Outg`tkg rulk a`skg `ddoujtnjh gnsrkh`rgnjh suast`jdk *
Ykoplk `rk nmport`jt te`j prodkss *
Tkjnor m`j`hkmkjt jot rkspojsnalk for dojtrol * L`db of kjh`hkmkjt oj tek p`rt of se`rkeolgkrs
Fnseks st`rt rottnjhFnseks st`rt rottnjh fromfrom tektek ek`gek`g
*Wo ak gnrkdtly or njgnrkdtly nmp`dtkg mork ay NFQT / NJG @T
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Dorpor`tk Hovkrj`jdkDorpor`tk Hovkrj`jdk QkvnsntkgQkvnsntkg 4 4
@ttrnautks `jg F`dkts of Hoog DH@ttrnautks `jg F`dkts of Hoog DH Gkpkjgs oj tek dulturk nj wende tek dorpor`tk opkr`tks *
Eojksty, njtkhrnty jg tr`jsp`rkjdy akyojg rkhul`tnoj *
GJ@ jg v`luk systkm of tek Hroup Ktend`l dogk of dojgudt
Wop m`j`hkmkjt nj ` st`tk for rk`gnjkss to F`dk de`llkjhk *
Gk`l wnte fk`r f`dtor
*
Hoog DH ns penlosopey `jg m`ttkr of `ttntugk *
Joj dompromnsnjh, `g`pt`alk, `jg sd`l`alk *
Wrustwortey for ll st`bkeolgkrs *
Tust`nj`anlnty *
Ornkjtkg tow`rgs Wnpplk Y Aottom Lnjk
Yrotkdt Kxnstnjh + Kj`alk Hrowte = Mork Qksults for Tt`bk EolgkrsYrotkdt Kxnstnjh + Kj`alk Hrowte = Mork Qksults for Tt`bk Eolgkrs
*Wo ak gnrkdtly or njgnrkdtly nmp`dtkg mork ay NFQT / NJG @T
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Ttrnbnjh Fk`turks of NFQTTtrnbnjh Fk`turks of NFQT
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Enstory of N@TAEnstory of N@TA
0>84 - Jnjk worlgwngkprofkssnoj`l
`ddoujt`jdy aognks
`hrkkg to formul`tk tekNjtkrj`tnoj`l @ddoujtnjh
Tt`jg`rg Dommnttkk(N@TD)
M`y 1999 N@TD w`srkj`mkg `s Njtkrj`tnoj`l
@ddoujtnjh Tt`jg`rgAo`rg (N@TA) `jg `
Hroup of Wrustkks w`s`pponjtkg
M`nj oackdtnvk ns
Wo gkvklop ` snjhlk skt of hloa`lly `ddkpt`alk `jgkjfordk`alk `ddoujtnjh st`jg`rgs
wende wnll progudk enhe-qu`lnty fnj`jdn`l njform`tnoj to eklp p`rtndnp`jts nj tek worlg's d`pnt`l m`rbkts to
m`bk kdojomnd gkdnsnojs
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Fr`mkworb of NFQT Tt`jg`rg TkttnjhFr`mkworb of NFQT Tt`jg`rg Tkttnjh
Njtkrj`tnoj`l @ddoujtnjh Tt`jg`rg Dommnttkk Foujg`tnoj
11 Wrustkks provngk ovkrsnhet
@pponjts tek mkmakrs of tek T@D*, tek N@TA `jg tek NFQND
Mojntors tek N@TA's kffkdtnvkjkss, r`nsk fujgs, `pprovkt k s u hkt j t` k rkspojs ty ordojstntutnoj`l de`jhks
NFQND - Njtkrprkts NFQT
Wek njtkrprkt`tnojs tkjg to gk`l wnte rkportnjh nssuks wekrkujs`tnsf`dtory pr`dtndk e`s `rnskj or wekrk tek Tt`jg`rgs l`dbhung`jdk nj p`rtndul`r ausnjkss dnrdumst`jdks
*Tt`jg`rg @gvnsory Doujdnl
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Gkutsdek A`jb hroup prkp`rkg nts dojsolng`tkg fnj`jdn`lst`tkmkjts ujgkr [T H@@Y ujtnl Gkd. 40, 1996. Guk to tekrkqunrkmkjt of Kuropk`j [jnoj, tek hroup e`g to `gopt NFQT
from C`j. 0, 1998.
[jgkr [T H@@Y, for tek yk`r kjgkg Gkd. 40, 1996, tek hroupstot`l `sskts wkrk 0.016 anllnoj Kuros, wenlk ujgkr NFQT teky
Jkkg for Dommoj @ddoujtnjh Tt`jg`rgJkkg for Dommoj @ddoujtnjh Tt`jg`rg
wkrk 0.;81 anllnoj Kuros.
Tude gnssnmnl`rntnks wk`bkj tek uskfuljkss of fnj`jdn`lst`tkmkjts `jg ekjdk tekrk ns ` d`sk for ujnform fnj`jdn`lst`tkmkjt rkportnjh st`jg`rgs.
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NFQT Nmplkmkjt`tnojNFQT Nmplkmkjt`tnoj Xorlg Tdkj`rnoXorlg Tdkj`rno
Doujtrnks te`t e`vk `lrk`gy `goptkg NFQT `rk se`gkg wnte alukDoujtrnks nj tek prodkss of `goptnoj of NFQT `rk se`gkg nj hrky
(Tourdk. www.n`sa.orh)
Jo al`dbout pkrnog kxpkdtkg from N@TA nj tr`jsntnoj doursk up to 1907
Tuast`jtn`l de`jhks kxpkdtkg nj Tt`jg`rgs - Qkvkjuk, Dojsolng`tnojGkfkrrkg W`x, Lk`sk, Fnj`jdn`l Ln`anlntnks
[jdkrt`njtnks `aout sdekgulk nj tek [T@ `laknt kxpkdtkg ay 1907 / 0;
Nmplkmkjt`tnoj de`llkjhks Td`rdk rksourdks `jg NW solutnoj De`jhk nj mnjgskt of `ll dojdkrjkg - Tuast`jdk ovkr Form
04
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NFQTNFQT Ttrnbnjh Fk`turks vnsTtrnbnjh Fk`turks vns----vns NH@@Yvns NH@@Y
0. Mork snmnl`rntnks wnte NH@@Y te`j gnffkrkjdks
1. Wwo strnbnjh gnffkrkjdks from NH@@Y `rk te`t NFQT ns grnvkj ay F`nr v`lu`tnoj of `sskts `jg ln`anlntnks rksultnjh nj ujrk lnskg h`njs
`jg lossks
@rms lkjhte a`sns for `sskssmkjt of tr`js`dtnoj kvkj aktwkkjeolgnjh `jg suasngn`ry domp`jnks
4. Akdomks gnffndult `t tnmks to `pprkdn`tk tek domanjkg nmp`dt of sude f`nrv`lu`tnojs oj fnj`jdn`l rksults vns-`-vns `dtu`l ausnjkss pkrform`jdk
`. Kxe`ustnvk gnsdlosurks of @ddoujtnjh Yolndnksa. L`rhk jumakr of dl`rnfnd`tory jotks for `lmost kvkry lnjk ntkm
gnsdloskg nj Njdomk Tt`tkmkjt `jg A`l`jdk Tekkt
d. Tkjsntnvnty @j`lysns of dkrt`nj klkmkjts te`t m`y `ffkdt rksults guk tov`rn`tnojs, k. h., r`tk of kxde`jhk, flo`tnjh r`tk of njtkrkst oj
lo`j, ktd.g. Gnsdlosurk of rksults out of M`j`hkmkjts `jju`l rkvnkw of3
Kffnd`dy of rnsb ekghnjh njstrumkjts Drkgnt rnsbs `jg so oj
k. M`jg`tory `jju`l `sskssmkjt of [skful Lnfk of `sskts aym`j`hkmkjt
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NFQTNFQT Ttrnbnjh Fk`turks vnsTtrnbnjh Fk`turks vns----vns NH@@Yvns NH@@Y 1 1
;. Fujdtnoj`l Durrkjdy m`y ak tek ojk of te`t doujtry wende snhjnfnd`jtlynjflukjdks opkr`tnojs `jg fnj`jdn`l rksults (N@T 10)
6. Yrkskjt`tnoj of Fnj`jdn`l Tt`tkmkjts (N@T 0Q) ns snhjnfnd`jtly gnffkrkjtfrom NH@@Y Dkrt nj kx`mplks
`. Dlk`j skhrkh`tnoj of @sskts `jg Ln`anlntnks njto Durrkjt `jg JojDurrkjt hroups
a. Tt`tkmkjt of Otekr Domprkekjsnvk Njdomk (ToDN)
d. Tt`tkmkjt of De`jhks nj Kqunty (ToDK) njdlugnjh Gnvngkjg
g. Fujdtnoj`l hroupnjh of kxpkjsks (hkjkr`lly prkfkrrkg)
k. Yroenantnoj nj gnsdlosurk of Kxtr`orgnj`ry Ntkm ujlnbk @T ;
f. Gnsdlosurk of Drntnd`l cughmkjt of m`j`hkmkjt nj `pplynjh `ddoujtnjh polndnks
Bky sourdks of kstnm`tnoj ujdkrt`njty te`t e`vk snhjnfnd`jt rnsbs
Njform`tnoj te`t kj`alks uskrs to kv`lu`tk kjtntysoackdtnvks, polndnks `jg prodkss of m`j`hnjh d`pnt`l
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De`llkjhks nj Forw`rg Y`teDe`llkjhks nj Forw`rg Y`te
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De`llkjhks nj Forw`rg Y`teDe`llkjhks nj Forw`rg Y`te
Njform`tnoj dojtkjt Yrotkdtnvk dojfngkjtn`lnty vs. domplktk tr`jsp`rkjdy
Domplktkjkss vs. Njv`snoj ay `j`lysts, weo tnll rkdkjtly bjkw NH@@Y
Mork vol`tnlnty nj Njdomk Tt`tkmkjt
Qklkv`jdk for st`bkeolgkrs Qkdohjntnoj `jg tr`js`dtnoj prodkssnjh wnte flkxnanlnty for
Dorpor`tk rkportnjh Tuast`jdk ovkr Form,
W`x @ddoujts `jg Qkturj Enstornd`l Dost vs. F`nr V`lu`tnoj
Lk`st possnalk `pplnd`tnoj of Qkhul`tory fr`mkworb of `ddoujtnjh
Wkst of Fujdtnoj`l Durrkjdy
[jlk`rjnjh jg rklk`rjnjh Qksk`rde, Qk`gnjh, Akjdem`rbnjh
Hung`jdk of K@D of ND@N, QAN Qkpl`dkg ay NFQND, TND `jg NJG @T Tdekgulk VN `jg Qkhul`tory Yrovnsnojs Qkvnskg
Qkvkjuk rkdohjntnoj Qkt`nl, @utomoanlk, Dojstrudtnoj, @nrlnjks, ktd.
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De`llkjhks nj Forw`rg Y`teDe`llkjhks nj Forw`rg Y`te 1 1
M`jg`tory tksts `jg mk`surkmkjts Dovkj`jt dompln`jdk
Dl`ssnfnd`tnoj of Durrkjt ln`anlntnks
Wkst of Honjh dojdkrj
Gkat `jg Njtkrkst - nj Yrkfkrkjdk Te`rks `jg Pu`sn Kqunty Njstrumkjts Mogklnjh `jg v`lu`tnoj of Optnojs `jg otekr Gkrnv`tnvk dojtr`dts
KQY Tystkm ujgkr jkw st`jg`rgs
.
E`jglnjh of H@@Y gnffkrkjdks for dojvkrsnoj
@jju`l Ausnjkss Yl`j prkp`r`tnoj ujgkr dojvkrhkg NFQT Tt`jg`rgs
Kmkrhnjh jkkgs of Gnrkdt W`x Dogk `jg Hoogs `jg Tkrvndk W`x
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De`llkjhks nj Forw`rg Y`teDe`llkjhks nj Forw`rg Y`te 4 4
Todno Kdojomnd Nmp`dts of NFQT Tomk rksk`rdekg out teouhets
. Njtrogudtnoj of NFQT seoulg ak rk-kx`mnjkg from `t lk`st twognstnjdt pkrspkdtnvks3
0. tek usk, mnsusk, `jg `ausk of prnjdnplk-a`skg F`nr V`luk
@ddoujtnjh (FV@) nj tek wngkr `rkj` of sodno-kdojomnks . FV@seoulg ak rk-kx`mnjkg `s ` spkdnfnd mogk of njform`tnoj te`tde`jhks tek kpnstkmnd, opkr`tnoj`l `jg dojtrol fr`mkworbs ofv`rnous orh`jns`tnojs
.
woulg `ffkdt tek Tovkrknhj Qnhet `jg J`tnoj`l Ttr`tkhy todojtrol Njgn`s sodno-kdojomy for tek s`bk of sust`nj`alk hrowte.
Wek mogk of njtkrj`tnoj`l st`jg`rgs seoulg ak rkkx`mnjkg for
wektekr nt wnll `ffkdt tek powkr a`l`jdk aktwkkj Njgn`jHovkrjmkjt `jg njtkrj`tnoj`l orh`jnz`tnojs (Y`hk 4)
Xk `rk jot dojdkrjkg wnte nsol`tkg dorpor`tk sd`jg`ls. .dojdkrjkg `aout tek njgnrkdt , lojh tkrm, mkjt`l nmp`dts of tek jkw`ddoujtnjh oj tek sodno-kdojomnks nj Njgn`. (Y`hk 007) Dojtg. ..
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De`llkjhks nj Forw`rg Y`teDe`llkjhks nj Forw`rg Y`te 7 7
Todno Kdojomnd Nmp`dts of NFQT Tomk rksk`rdekg out teouhets
Doujtrnks sude `s Denj` `jg Njgn` m`y rkqunrk tnhet dojtrol of, forkx`mplk njsur`jdk njgustry, for tek protkdtnoj of ` l`rhk popul`tnojte`t seoulg jot ak suackdtkg to tek lohnd `jg powkr of njtkrj`tnoj`lnjstntutnoj`l njvkstors weosk m`nj njtkrksts `rk njvkstmkjt rkturj.
(Y`hks 007-00;)
Ojdk tek hloa`l `ddoujtnjh st`jg`rgs `rk nmplkmkjtkg, tekpkrform`jdk of Njgn`j domp`jnks `jg njgustrnks ns lnbkly to akdomp`rkg wnte te`t of otekr doujtrnks wnteout t`bnjh sodn`l jkkgs`jg dojtkxt njto `ddoujt.(Y`hk 00;)
Dojvkrhkjdk ns ` d`rkfully dr`ftkg `lteouhe nt m`y jot ak dommojlyujgkrstoog gkfnjntnoj or tek ojk gksnrkg ay N@TA. (Y`hk 00;)
Denjksk polntnd`l lk`gkrs e`vk trk`tkg `ddoujtnjh `s ` m`ttkr of
j`tnoj`l str`tkhy . Dojvkrtkg `ddoujtnjh `s ` hovkrjmkjt`l tool totr`jsform dommujnst ausnjkss orh`jns`tnojs njto mogkrj kdojomndkjtntnks.(Y`hk 010)
Tourdk3 Todno-Kdojomnd Nmp`dts of NFQT oj Xngkr Tt`bkeolgkrs nj Njgn`Womo Tucubn `jg C`yp`l C`nj, T`ng Ausnjkss Tdeool, [jnvkrsnty ofOxforg, 1909 Rv.1.4.1]
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Ttugy FTs ujgkr lod`l H@@Y nj gkt`nls for l`st terkk yk`rs Ngkjtnfy drntnd`l jg m`cor tr`js`dtnojs njdlugnjh ojk-off bnjg Lnst `ddoujtnjh ujgkr rkhul`tory rkqunrkmkjts Wr`dk a`db `ll worb sekkts `jg v`lu`tnojs for mk`surkmkjt
Bjow yourFnj`jdn`lTt`tkmkjts(FTs) mork
ujgkr NH@@Y
Ngkjtnfy H@@Y gnffkrkjdks vns--vns NFQT
Ngkjtnfy
Ar`wl out De`llkjhks nj H@@Y DojvkrsnojAr`wl out De`llkjhks nj H@@Y Dojvkrsnoj --@gvndks from @ugnt Dommnttkk@gvndks from @ugnt Dommnttkk
Wr`js`dtnojs, Mk`surkmkjts, Gnsdlosurks, Tkjsntnvnty W`alk
@sskss rkqunrkmkjts, kfforts nj-eousk d`p`anlntnks `jg kxtkrj`lsupport wnte Yl`j A nf rkqunrkg
Arnkf top m`j`hkmkjt `jg opkr`tnjh tk`m for support rkqunrkg
dojtkjt,`sskss tnmk`jgrksourdks
Ngkjtnfy ` Mkjtor `jg skt up ` Ttkkrnjh Dommnttkk Yrkp`rk `jg mojntor @dtnoj W`bkj Qkport
Coa gksdrnptnoj, Njform`tnoj njputs, Gkpkjgkjdy, Wnmklnjk
Qkvnkw prohrkss wnte fodus for drntnd`l ntkms Qkvnkw gr`ft `ddoujts wnte ntkr`tnvk pkrfkdtnojs
@dtnojs,Kxkdutnoj,`jgMojntornjh
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Bky Pukstnojs to ak @jswkrkgBky Pukstnojs to ak @jswkrkgFor Wek @ugnt Dommnttkk `jg Ao`rg of GnrkdtorsFor Wek @ugnt Dommnttkk `jg Ao`rg of Gnrkdtors
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Bky Pukstnojs to ak @jswkrkg for @D `jgBky Pukstnojs to ak @jswkrkg for @D `jg AoGAoG
Qkvkjuk Qkdohjntnoj `jg @ddoujtnjh Njgustry spkdnfnd de`jhks - Qkt`nl, Vkendlk, Wklkdom, Dojstj. ktd.
@ppro`deks to rkvnsnt mk`surkmkjt `jg rkdohjntnoj
NW kj`alkmkjt of tek prodkss
@rtndul`tnoj of gnsdlosurk for polndy `jg mk`surkmkjt
Fnxkg @sskts Njstntutnoj`lnskg Yrodkss
F`nr v`lu`tnoj oj fnrst `goptnoj
ompojkjt s`t oj o `sskts
@jju`l rkvnkw of uskful lnfk `jg rksngu`l v`luk
@jju`l tksts for nmp`nrmkjt `jg `ddoujtnjh of outdomks
Njst`jdks of lk`sks ujgkr W`bk or Y`y @rr`jhkmkjt (NFQND 7)
W`x nmplnd`tnojs for `ll tek aovk Durrkjt `jg Gkfkrrkg
@sskts `jg Ln`anlntnks Durrkjt & Joj Durrkjt
Dovkj`jt dompln`jdks for Lo`js `jg dojskqukjt de`jhks
Tplnt Yrkf. Te`rks `jg Domanjkg Njstrumkjts njto Gkat , Kqunty `jg Njtkrkst
Qkstrndtkg D`se & D`se Kqunv`lkjts
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Bky Pukstnojs to ak @jswkrkg for @D `jgBky Pukstnojs to ak @jswkrkg for @D `jg AoGAoG 1 1
Ausnjkss Domanj`tnojs Kffkdts oj tr`js`dtnojs pl`jjkg for futurk
Nmp`dts of de`jhks guk to f`nr v`lu`tnojs of `sskts `jg ln`anlntnks
Futurk kxnt str`tkhnks
Njvkstmkjts nj @ssodn`tks `jg Conjt Vkjturks
De`jhks nj jumakr of kjtntnks ujgkr Kqunty @ddoujtnjh mkteog
Mognfnd`tnojs rkqunrkg nj Conjt Vkjturk hrkkmkjts
W`xks
Gkfkrrkg W`x A`l`jdk Tekkt a`skg `ppro`de
Ovkr`ll nmp`dt oj Durrkjt NjdomkW`xks
Kffkdt oj Njgnrkdt W`xks guk to de`jhks nj Qkvkjuk `ddoujtnjh
Dojtnjhkjt Ln`anlntnks
Qk`sskssmkjt `jg d`tkhornsk njto Qkmotk, Yossnalk, or Yroa`alk
Yrovnsnoj rkqunrkmkjt for proa`alk d`sks
Wr`jsp`rkjt gnsdlosurks `ftkr gkt`nlkg rkvnkw
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Bky Pukstnojs to ak @jswkrkg for @D `jgBky Pukstnojs to ak @jswkrkg for @D `jg AoGAoG 4 4
Fnj`jdn`l Tt`tkmkjt Yrkskjt`tnoj
De`jhks nj Form`ts `jg Dl`ssnfnd`tnojs
Fujdtnoj`l vs. j`tur`l hroupnjh of kxpkjsks
Vol`tnlnty nj Njdomk Tt`tkmkjt KANWG@ jot ` gkfnjkg mk`surkmkjt
@ggntnoj`l Domprkekjsnvk Njdomk jg De`jhks nj Kqunty
,
@ssksskg `gcustnjh kvkjts post A`l`jdk Tekkt g`tk
Tkjsntnvnty @j`lysks Durrkjdy Kxde`jhk Q`tk `jg Njtkrkst
Fnj`jdn`l Qnsb M`j`hkmkjt
Drkgnt to Dustomkrs
Durrkjdy Kxde`jhk Q`tk Kxposurks
Lnqungnty M`turnty Yrofnlk of Lo`js, Drkgntors, Gkrnv`tnvks
Dommognty produrkmkjt
Dommujnd`tnoj str`tkhy `jg prkskjt`tnoj to @j`lysts
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Wr`jsntnoj to NFQTWr`jsntnoj to NFQTTnhjnfnd`jt Nmp`dts oj Dorpor`tk QkportnjhTnhjnfnd`jt Nmp`dts oj Dorpor`tk Qkportnjh
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- Qkvkjuk QkdohjntnojQkvkjuk Qkdohjntnoj
Wkdejolohy, Mkgn` `jg Wklkdom Aujglkg skrvndk dommntmkjts wnte e`jgskts / g`t` d`rgs gkfkrrkg
tnll gklnvkry
Qkt`nl, Motor D`r, @nrlnjks
Gkfkrmkjt for F`nr V luk (FV) of Ln`anlnty `h`njst loy`lty prohr`mmk,futurk gklnvkry of dommognty, skrvndks or kxtkjgkg w`rr`jty
Njdkjtnvk to ak jkttkg-off from T`lks njstk`g `s skllnjh kxpkjsks
@gvkrtnskmkjt A`rtkr tr`js`dtnojs Qkln`aly mk`surkg FV of skrvndks rkdknvkg or
provngkg
Dojstrudtnoj, Qk`lty `jg Njfr`strudturk
Wkrms of hrkkmkjt `rk drntnd l for rkvkjuk rkdohjntnoj
@t a`dbkjg oj gklnvkry or
Yroportnoj`tk domplktnoj a`sns
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- Qkvkjuk Qkdohjntnoj .. 1Qkvkjuk Qkdohjntnoj .. 1
A`jbs [pfrojt fkks njdomk `h`njst lo`js to ak `mortnskg ovkr lo`j pkrnog
oj kffkdtnvk ynklg a`sns
Tuast`jtn`l rkdl`ssnfnd`tnoj `jg f`nr v`lu`tnoj of njvkstmkjts
D`pnt`l Hoogs [jaujglnjh of njst`ll`tnoj skrvndks `jg rkdohjntnoj oj domplktnoj
JYV gnffkrkjtn`l `h`njst gkfkrrkg p`ymkjts trk`tkg `s fnj`jdknjdomk
De`jhk nj J`turk of Qkvkjuk
M`juf`dturnjh / Tkrvndk j`turk to Lk`snjh Njdomk nf NFQND 7 ns`pplnkg
M`juf`dturnjh to Tkrvndk Qkvkjuk Frkk skrvndk doupoj ay Motor
D`r Njgustry
T`lk of Hoogs Yeysnd`l dojtrol `jg owjkrsenp de`jhk
DNF Kxports - Anll of L`gnjh vs. gklnvkry
Gomkstnd FOQ Gkstnj`tnoj Dojtr`dt - Lorry Qkdknpt ns jot tek drntkrn`
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- Njdomk Tt`tkmkjtNjdomk Tt`tkmkjt
KANGW@ (Jot rkdohjnskg `s ` mk`surkg v`luk nj Njdomk Tt`tkmkjt)
@utomoanlk Dompojkjt, Yowkr Hkjkr`tnoj @rr`jhkmkjt
De`rhks for dompojkjts ujgkr t`bk or p`y `rr`jhkmkjt m`y `ttr`dtNFQND 7 `jg ak trk`tkg `s Gkprkdn`tnoj ujgkr Fnj`jdn`l lk`sk
A`jbsYrovnsnojnjh `h`njst JY@s `s pkr QAN gnrkdtnvks to ak rkpl`dkg ayNmp`nrmkjt of futurk d`se flow a`skg oj oackdtnvk kvngkjdk
Domanjkg nmp`dts of Qkvkjuk `jg Dost rkdohjntnojs
FV `jg Qk`ssksskg Lnfk oj Gkprkdn`tnoj of Fnxkg @sskts `jg Njt. @sskts
Fujdtnoj`l Durrkjdy De`jhk m`y nmp`dt `ll ntkms nj Njdomk
Tt`tkmkjt
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- Njdomk Tt`tkmkjt .. 1Njdomk Tt`tkmkjt .. 1
Njdomk Tt`tkmkjt YAW & Y@W (Dojtg.)
D`pnt`l profnt oj ausnjkss domanj`tnoj
FV of njvkstmkjt propkrty nj Qk`lty skdtor
Njtkrkst dost `h`njst Yrkfkrkjdk Te`rk oj trk`tmkjt `s lo`j
@mortns`tnoj of [pfrojt Fkks for lo`js ovkr goor to goor pkrnog
Gkfkrrkg W x @sskt / Ln`anlntnks `h`njst `ll f`nr v`lu`tnoj h`njs / lossks
De`jhks guk to `gcughkg `gcustnjh kvkjts post a`l`jdk sekkt g`tk
Yrovnsnoj for Dojtnjhkjt Ln`anlnty Yroa`alk, Yossnalk `jg Qkmotk
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- A`l`jdk Tekkt `jg Jkt XorteA`l`jdk Tekkt `jg Jkt Xorte
Qkdl`ssnfnd`tnoj of Lo`js `s Durrkjt Ln`anlntnks, nf w`nvkr `h`njst dovkj`jtgkf`ults jot oat`njkg wntenj yk`r kjg
Yrksdrnptnvk provnsnoj `jg jot suast`jdk ovkr form
M`y e`vk nmplnd`tnojs oj Honjh Dojdkrj `sskssmkjt `jg rkpot ay @ugntors
Qkpl`dk Fnxkg @sskts ay Lojh Wkrm Qkdknv`alks nf NFQND 7 `pplnks toW`bk or Y`y or skrvndnjh dojtr`dts wnte spkdnfnd `sskts
Yrkfkrkjdk Te`rks rkdl`ssnfnkg `s Gkat
FV of Njtkr-domp`jy Aorrownjhs `t dojdkssnoj`l r`tk
Tplnt of Dojvkrtnalk Njstrumkjts njto Gkat `jg Kqunty FDDA, Gkakjturk
Kffkdtnvk Ekghk @ddoujtnjh for gkrnv`tnvks FV nmp`dt oj Jkt Xorte
@gcustnjh Lo`js for Kffkdtnvk Njtkrkst Mkteog `jg [pfrojt De`rhks
Qk`sskssmkjt of gffkdtnvk [skful Lnfk `jg Qksngu`l V`luk of Fnxkg @sskts
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Tnhjnfnd`jt Nmp`dtsTnhjnfnd`jt Nmp`dts -- A`l`jdk Tekkt `jg Jkt XorteA`l`jdk Tekkt `jg Jkt Xorte .. 1.. 1
Fujdtnoj`l Durrkjdy de`jhk Nmp`dt oj Fnxkg @sskt V`lu`tnoj `jg DWQ
Durrkjt `jg Jojdurrkjt `ppro`de tow`rgs A`l`jdk sekkt
Hoogwnll - @mortns`tnoj vs. nmp`nrmkjt
Gkfkrrkg W`x Yrovnsnoj wnte A`l`jdk Tekkt `ppro`de
Qkv`lu`tnoj `jg FV of Fnxkg @sskts
Ausnjkss Domanj`tnojs
rs mk op oj
Gkprkdn`tnoj mkteog
De`jhks guk to `ssksskg @gcustnjh Kvkjts post a`l`jdk sekkt g`tk
Yrovnsnoj for Dojtnjhkjt Ln`anlnty Yroa`alk, Yossnalk `jg Qkmotk
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@ggntnoj`l Jotks `jg Gnsdlosurks for Mork Wr`jsp`rkjdy@ggntnoj`l Jotks `jg Gnsdlosurks for Mork Wr`jsp`rkjdy
Fnj`jdn`l Qnsb M`j`hkmkjt - Oackdtnvks `jg Yolndnks dovkrnjh
Drkgnt Qnsb oj Dustomkrs
Durrkjdy Kxde`jhk Kxposurks
Lnqungnty Qnsb - M`turnty Yrofnlk for Lo`js, Drkgntors, Gkrnv`tnvks, Lk`sk
Dommognty Yrndk Qnsb
Qkstrndtkg D`se
D`pnt l M`j`hkmkjt Yolndy - Oackdtnvk, Gkat, Kqunty
W`x Qkdojdnln`tnoj `jg @j`lysks Qkdojdnln`tnoj `t Kffkdtnvk Q`tk
Dompojkjt-wnsk @j`lysns of Gkfkrrkg W`x
Tkjsntnvnty @j`lysks
Njtkrkst Q`tk oj Lo`j Yortfolnos wnte Qkskt Dl`usks or Flo`tnjh Q`tk
Kxde`jhk V`rn`tnojs oj Fnj`jdn`l @sskts `jg Ln`anlntnks
@j`lysks of Dojtnjhkjt Ln`anlntnks - Yroa`alk, Yossnalk `jg Qkmotk
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Tnhjnfnd`jt Nmp`dts oj Ykrform`jdk Njgnd`torsTnhjnfnd`jt Nmp`dts oj Ykrform`jdk Njgnd`tors
Durrkjt Q`tno - Mostly lnbkly to ak @gvkrsk kvkj D`se Kqunv`lkjts m`yak Joj Durrkjt @sskts
Fnxkg @sskts to Lo`j - Movkmkjt m`y ak Aote X`ys gkpkjgnjh oj FV,rk`sskssmkjt of Lnfk `jg Qksngu`l V`luk
Gkat Kqunty Q`tno - Lnbkly to ak @gvkrsk guk to Qkdl`ssnfnd`tnoj ofYrkfkrkjdk Te`rk, Dojvkrtnalk Njstrumkjts
Qkturj oj Jkt Xorte - Domanjkg kffkdt m`y ak Aote X`ys aut lnbkly tomprovk
KANGW@ ovkr Qkvkjuk (Jot ` Tt`jg`rg Mk`surk, m`y ak njdlugkg njJotks) - Domanjkg kffkdt from rkvkjuk `jg dost rkdohjntnoj
Gkat Tkrvndk Dovkr`hk Q`tno - M`y e`vk to ak rkd`st ujgkr NH@@Y tnllNjgn`j A`jbs t`bks ` polndy gkdnsnoj `aout NFQT `pplnd`tnoj.
@j`lysts to kxkrdnsk d`utnoj wenlk usnjh `jg domp`rnjh sude gnsdlosurks
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Furtekr Weou etsFurtekr Weou ets
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`j ou `j ou `j ou `j ou