twm gap v1[1].0

160
! "##$% &'( )*+( '+'( ) )#$( "'+,- "#+' $ .+ / ) 0 / 1 .#/ ' $ 2+/ .+ 3++4.#/ /56 ''0 6 %!7% $ '8 9:% 3'$+ !:% ";/ '

Upload: ddddla

Post on 29-May-2018

228 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 1/160

!"##$%

&'( )*+( '+'( ))#$( "'+,-"#+'$ .+/)0/1.#/'$2+/.+3++4.#/

/56''06

%!7% $'8 9:% 3'$+

!:% ";/'

Page 2: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 2/160

%

!"##$%

+8+

1+$''6+8'$ < )#'6 % '+-#*+ 9 )*+ ! "#- %

! = %! =$#$ %

!% )6*'+$+-'$$$+ !!% =$#$ !

!9 ">-?)'' 7!9 =$#$ 7

!! ="'' %!! =$#$+8''$*'*6*$ %!!% =$#$+8*$$+=*+--'')$ %!!9 +#'"#- %%!!! @#'$+"5)/"51. %%

!A +$-''$$#''3#$ %!!A -+-"''$ %A!A% )B''$ %A!A9 '4)6$B-+,'''$ %!A! *)*-#''$ %!AA *+''$ %7!A $*+#$''$ %:

A B* %<A +,'-'8'* %<

A C+)=+-)$*$ 9A% =">=+-)$*$ 9AA9 1#D#=+-)$*$ 9<A! 5=+-)$*$ !9AA B=+-)$*$ !7A 5.#=+-)$*$ AA7 D#>=+-)$*$ AAA: C+>+=+-)$*$ A<A< #B&=+-)$*$ 9

A% '+88**6 7 "**$$6 7

==)#-"**$$'8+'* 7 =% 79 =="**$$D=-+ 7!% =="**$$D#'$-#+) 79 ==)#D#'$-#+" 7% =9 779 +'$++8==)#-"**$$D#'$=%-9 7:! ==+*+)#$* :A ==+*+*+'8+'* :

% )="?)#-"**$$'8+'* :%% )="??+* <%% )+,'$+ <%7 =6 <9

7 )3+*="?'8+'*"*,$ <97 ="?"*,D#')3+*-#+=-+ <77% )3+*="?D#'$66 <7

Page 3: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 3/160

9

!"##$%

79 ",'="?B+-'="?'+8+')3+* <:7% )+,'$+="?'8+'*"*,$ <<: +6 : )+8B-+,''8+'*

: )+8-)+8'B-+,','- :% )+8B-+,')#**$$= 9:9 ",'?&"*,)-$ !:! =*,-$#'=+'$+)"*,)-$ A:A "*,)-)#**$$=+

:% )B'8+'* 7:% )B'8+'*,#+'+*$$ 7:%% +'$$-+-''=$+$ ::%9 +'$$-+-++$$ <:%! )B$#'D#'=-)B)#**$$= :%! )B$#'''$ :%!% =9)B$#'D#'=-)B)#**$$= :%!9 =%)B$#'D#'=-)#**$$=&'''$ %:%A D#''"*+$+'+,)B A

< $E=$+#'* 7< +&'-.+- 7

< $&"+'=*,-+&')$*$ 7<% +&88**6 <

<% )B-="B.+- %<% ="B.+- %<%% )B.+- %<%9 B.+- %

)'8+'* %% ))#-)#**$$= %%% )'88*"6$$ %99 )D#'#$ %A

$'#+-'8+'* %: 6$$'#+=9-=% %:% D#'6$$'#+=9-=% 9

% "=$# !% )#=$#$ !%% )#,$=D+-+ !A%9 )#+'$+&1) A

9 ?*'+8,$1+=8'* A! +*#$+ A!

! ==)#-"**$$'8+'* A!!% ="?)#-"**$$'8+'* A!!9 )3+*="?'8+'*"*,$ AA!! )+,'$+="?'8+'*"*,$ AA!A )+8B-+,''8+'* AA! +&'-.+- A!7 )B-="B.+- A!: )'8+'* A7!< '8+'*)#'6 A7! )#+*#$+ A:

A "-; A< "-;% A<7 "-;9 A<

Page 4: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 4/160

!

!"##$% : "-;! A<< "-;A A<% "-; A<% "-;7 %% "-;:

Page 5: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 5/160

Page 6: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 6/160

!"##$% D#'!<(6="?)#+)#**$$=+-="?)#"$8+'88''88*

$$$=% :9D#'A(6="?)#+)#**$$=+-="?)#"$8+'88''88*$$$=9 :!

D#'A(="?)#-"**$$D#'#$$8+'),+*=% :!D#'A%(="?)#-"**$$D#'#$$8+'),+*=9 :AD#'A9(="?)#-"**$$D#'#$$8+')+,'$+=% :D#'A!(="?)#-"**$$D#'#$$8+')+,'$+=9 :7D#'AA(="?)#-"**$$D#'#$$8+')'*,'88*=% :7D#'A(="?)#-"**$$D#'#$$8+')'*,'88*=9 ::D#'A7(="?)#-"**$$D#'#$$8+')?*'+#-'88*=%::D#'A:(="?)#-"**$$D#'#$$8+')?*'+#-'88*=9:<D#'A<()3+*B=H#$$-=H#$=0*$-#+.+'.=-+=$+#'*$=%

< D#'()3+*B=H#$$-=H#$=0*$-#+.+'.=-+=$+#'*$=9<

D#'(B=H#$$-=H#$=0*$-#+.+'.=-+=$+#'*$=%<%D#'%(B=H#$$-=H#$=0*$-#+.+'.=-+=$+#'*$=%<%D#'9(="?'+=+-#'+8)#**$$8#6B--="?$8+')3+*=% <9D#'!(="?'+=+-#'+8)#**$$8#6B--="?$8+')3+*=9 <!D#'A(="?"*,D#'#$6$'#+=%8+')3+*<!D#'(="?"*,D#'#$6$'#+=98+')3+*<AD#'7(="?"*,D#'#$$'#+'=&+4&'+-<AD#':()3+*'+=+$'#+?$-+6$#''+-?&4

!!%< D#'<(="?)3+*D#'$,$6 <7D#'7(#$''+-B+-=$%-9<:D#'7(="?'+=+-#'+8)#**$$8#6B--="?$8+'=%-=

9<< D#'7%(B$+'+8.,)+8#$)+8'B-+,','-$'#+=$%-

9 D#'79(B$+'+8?).,)+8-)+8'B-+,','-$$'#+=$%-

9% D#'7!(B$+'+8)+8B-+,')#**$$=$'#+=$%-99D#'7A(B$+'+8J$",'&"*,)-$'#+$ !D#'7(B$+'+8=++8=*,-$#'=+'$+)"*,)-$AD#'77(B$+'+8.,"*,)-)#**$$=+$'#+=$%-9

D#'7:)B'+*$$-'8+'*+#$F2 7D#'7<=9+'$$-+-''=$+$ :D#':=9+'$$-+-)#**$$= <D#':=9)B'8+'* D#':%=9)BD#'== %D#':9=%)B'8+'*! D#':!=%="?"*,D#'! D#':A=9)'8+'*%% D#':=%)'8+'*%% D#':7)'*,'88*$'#+ %9D#'::)?*'+#-'88*$'#+%9 D#':<==)*%!D#'<.-+#'$ %!D#'<==$$#$G=$'+G'8+'*=%%AD#'<%)="?$)'+*-#' %A

Page 7: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 7/160

7

!"##$% D#'<9)="?)#D#'$'#+ %D#'<!)="?)#D#'#$66%D#'<A)B=H#$=0*%7 D#'<=96$'#+KL %<D#'<7=%6$'#+KL %<D#'<:=9)',*'+9D#'<<=%)',*'+9D#'=9==)#*F+) 9D#'=%==)#*F+) 9D#'%=9-=%)$*+'$+9%D#'9=9=="**$$D#'-#+=-+'*F+ 9%D#'!=%=="**$$D#'-#+=-+'*F+ 99D#'A6=="**$$)#**$$'*F+=999D#'6=="**$$)#**$$'*F+=%9!D#'7=9=="**$$D#'-#+)'*F+ 9AD#':=%=="**$$D#'-#+)'*F+ 9AD#'<6=="**$$)#**$$'*F+=99AD#'6=="**$$)#**$$'*F+=%9D#'=9)3+*'8+'*6697D#'%=%)3+*'8+'*6697D#'9=9'8+'*66 9:D#'!=%'8+'*66 9:D#'A=9)'8+'*669< D#'=%)'8+'*669< D#'7.6'9-")+"**$$)'#)8+')* !D#':=9)# !D#'<=9)# !%D#'%=9)#!% D#'%=%)# !9D#'%%=%)# !9D#'%9=%)#!! D#'%!=93+*)#'*F+ !AD#'%A=9)#'*F+ !D#'%=%3+*)#'*F+ !7D#'%7=%)#'*F+ !:D#'%:"=)#&+#)B#-'1++-=D+-+ !:D#'%<"=)#&)B#-'++'=D+-+ !<D#'9)#++ AD#'9)*@#6 A%D#'9%)%'8+'*A9

Page 8: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 8/160

:

!"##$%

+8$

)*''8+'*?$-+'$#'-'$+-9%,'$++/'8'$/$$+#'$C+)=+-9!9)*''8+'*?$-+'$#'-'$+-9A!,'$++/'8'$/$$+#'$=">=+- 9:A)*''8+'*?$-+'$#'-'$+-9<,'$++/'8'$/$$+#'$1#D#=+-!%7)*''8+'*?$-+'$#'-'$+-!9:,'$++/'8'$/$$+#'$5=+- !<)*''8+'*?$-+'$#'-'$+-!7,'$++/'8'$/$$+#'$B=+-A)*''8+'*?$-+'$#'-'$+-A%,'$++/'8'$/$$+#'$5.#=+-A!9)*''8+'*?$-+'$#'-'$+-AA!,'$++/'8'$/$$+#'$D#>=+- A:A)*''8+'*?$-+'$#'-'$+-A<,'$++/'8'$/$$+#'$C+>+=+- %7)*''8+'*?$-+'$#'-'$+-9:,'$++/'8'$/$$+#'$#B&=+-<.+%"'$#'!%4A%7%(D#'F=$#$$$-88'==F="?$$-;+7%%68+'+ :%%()3+*=-+D<7 %9=9=%6$%:%!68+'+ 99%A68+'+ 9!%68+'+ 9A%768+'+ 9%:3+*)# !%<=93+*)#$'#+!A9=9)#$'#+!9=%3+*)#$'#+!79%=%)#$'#+!:

Page 9: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 9/160

<

!"##$% !"#

 

 

"-,#=

  ""-+.6'6%   "-$$++'+  "*,)  "-0**68+'"*

"5)M'48'H#*6-0**6"5M'48'H#*6-0**6"51M'4$6$-0**6

  "".%4)

  "".%4$' ?)=-+=$+#'*' =-+&+'+*++8#'+ '*#)&*- +'++-?"*+' 63'++'* )#)#**$$= ++= +&4 '+= -*-+-?"*+' '6'',++&')*'$6 D-$#'++ D'H#*6$#'+'+! B-+,'" .6'9 #$''+ B+- $B-"8' +'-! +'- +"**$$)'# +=! ,')#**$$= = #*.-+&+' *)&*- =-+"**$$?'' =-+.

=-+&+'+'+' =*,-)+-+&' = =*,-))'-*+' )*'+-# )-"+"'+$$+*! )+8B-,' )6$8+'+?+* '$+&'+'+ $'H#$ "$ --)'+*$$+'

Page 10: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 10/160

!"##$% $% #&"#"&!'##

)#'6$*$#-++&'+'$+-$$'6

(% &!'!&

8++&--'+'*+$#$6$$/*+*#$+$-'*+-+$*''-+#6+8+'$&+'*+$$*+#-',8+''+,-&+'H#6-'8+'*

$&+'$'-(N1"6$$O-8$1'8+'*&$*#'''8+'*-8+#-+6*#'1)&+'+0*,&$+-86*+'#8*+'$8+'-88'*'8+'*-'*+-+$++&$+*+$)#*$'-+&+''8+'*'$+8$2$('+==-)#)#**$$=))=$*+'+*#1)+'+'

="$'*-$+8',$6/#'+8$6$'-8#'$$*+#-+8-*#''6+6**+#$8+'$'*+8+,'8#'$)+<L+8+,'8#'$''#+8#'+''8*-'++'+-+++''-+H#68+*#$+8$&+''8+'$+-86-H#868#'*$$'#+''8*

$&+'$+++$*+&+''8+'*-#++''-$$#$D+';(+8#'+/)#$/'+88**6/?+*-)+8B-+,'

)% "

'&$&-$*++$'+0*-$&$--*$$'6+'-'+-86*+&+''8+'*+8$',*88*$$#$

'+'D'$6++$*+8#'++$$*#'''6+8&+'''$"+'$++8*#'''-+&+'''$$-+*+-$+8++$-''$&,&+8-*++-88'*$

='$,'$&=%-=9&'-',$-+*H#'

$#88*$*'-+$$'++'++8'$'&***+,'-'8'*'$+-$

)#'8+'*&$6$-'$+8==-="?+$$8#''+8-'+*#$"'++'++8*$$$J8-#+*+8'$+#'*$$8#'$',$-+$$88#'$''*,-+'''$+8'$+#'*+$

'+*'8+'*$6$-+$$8#''-+&8+'''6$/&,&+8H#86'-+*+-+$*+'#+8#'

)+8-+,''8+'*/+'+*+--'8+'*$,$-

&$$+-86$',*88*$$#$

"$*+$*#--+"=*)#$&''8+'*&1)$*+'-

Page 11: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 11/160

!"##$%

;#$,-',$&$*''-+#+-86'$-*$$*+'#

+'-+8#''$#$+8$&+'$*+''-&&+''$#$+'+,-$8'$+8'++'++88#'$*'#-+**#$D+';(%L-#+$$+#'

"$*+++'+88**6++$*+8$$'H#''$$$+&+''8+'*$6$$$+++$+*#'''+*-#'$-'+*$$$8+'-&$$'H#''$$

#$*+-$*'$-',++81"6$$'--*+*#$+$-'&+#+8'+''#$-+-',-8,$+-'-+&+88#'*$$$$*+$+-$*'$&*+$'*$$'6*+8'$+'-#*#'+88#'$"-*+$$+

'+,--+88$'*'+,$

*+*#$+$-'*+-+$+'+,-+,'$#'6+8'$+8,$+'*+-+$8+*#$+'+'$&+''H#'-+N+$1O-'+,-&*+'1)'8+'*$-+2$))=-=

Page 12: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 12/160

%

!"##$% *% '!

*%$ &

=%&$#--+A%

! =$#$

+ ,-&,

. /+0.1

B+8#'+ 2

''+8#6#$-*-

=)+8#'+

2

 

=)$*+''*,'$+$+8G=%%

% ),'$+$+8+'+-#$'*+''*

9 ,'$+$+8+'#4#$-++*$'*++=%

=''$ 2

?+*-'$'+6-+'-#*)+--+,'6+'8+'=J$*#'+$

% +$+8*,'$-'$+'6$+&'$+'&+'*''$#$+$*#$$'-8#'$)"".$/?)/?"/-+&##$'**6$#$'$+'&+'*="

'8+'*

9 "".A8'$''',-'+$+$+&$#'$+'&+'$+$

$#'8+'+

2

 

"$#'$&''$8''-$#**$$8#6#H#'6&$**-)*'#88'$#$-P8#J$#$+88#':$+&$$'-6+'$8''-0#$8+'H#'6&$-D'+8#'<

+&'-$$#$&$$+&-',+#$'+#-+88'$8'

Page 13: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 13/160

9

!"##$%

+'6#$ 2

 

+'6++$Q+8/)/1

-=)'**-8'+'6$#$'+'8+8++$Q

% '+*$$+'#$$'-&6$$$9L+8+-

9 '$$*$-++$+&6*'*'+$

Page 14: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 14/160

!

!"##$% *%( +!

=%''*+8#'+&$#--+7A%

!% =$#$

+ ,-&,

. /+0.1

)6*'+$+ 2

$#$+8''6)6*'+$+#)4$+

% )6*'+$++##$-8+'#

))7$*+8#'+

2

3'86$-+#+8))7$

2

% "$-$.$

2 )#$*

$#$$''+$

9 )#$6$$#$$

RR$''6+#$*86&'$$#$+8$#$6$$$+&-+''+-''$+6$8*8''$&*)*+'+8#*+$+'**+'-++2%3$*$*8-!'4!/56

!7.KK

+$',**

2

! ''++8$',*$

2

A 3'86#4))''$$F',#$'*1,#$

Page 15: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 15/160

A

!"##$%

2

3'86#4))''$$F'

,#$'*)1),#$

$F''+*)1),#$$9F'

8+'--*+''*-6'

'+$F'$$&'$#+'#'$+)F96'-#')*

2

7 3'86#=)''$$F',#$'*&=$-

&+''8*-

2

 

*"-$M

"-'+#*+8#'+

2

=-6$*6'

3'86+'+$$--"D*'-

2

% =-'8**+8#'+

3'86+'+$$--"**$$'+8M)

2

9 =-"**$$'+8$

3'86'$$-'$$$Q$'*

2

! #)9$F13I=

3#$#$-8-+!$8#$+)1)

2

A $6$'$-6$$

2

 

$6$=+#$8+'+*#-"-)$

3'86'+#$'4>

Page 16: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 16/160

!"##$%

2

7 "''$

43'86N+&'O+8"".%'++$=+'.".

N&'O"$=-*+*-1SS

Page 17: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 17/160

7

!"##$% *%) 8/5!

">''&$#-+%9%

''%%<$$#-'=%%7$$&'#---%$$8-+'',-?)(/9/%A/9A/A%/A7/:/%/%9%/%9:/%A!/%9

!9 =$#$

+ ,-&,

. /+0.1

"-$*'*6 2

$">

'+$$(

9%9%%"99:!?!A.!%%!9<A%%%!9A"%97:!!:A77!3%%9%%!9!9:A%

9<!<!A@9%!?!!B9!D9!A2%%9AA

• '+'+##

• +$',**

Page 18: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 18/160

:

!"##$%

2

% "=$">-?)

'+$$(

A7!A9%9%%"99:!?!A.!%%!

9<A%%%!9A"%97:!!:A77!3%%9%%!9!

9:A%9<!<!A@9%!?!

• *+$$*6+'&'+=&++/">-?)

• +*-#'+&'88*/#-#''88**$#8#'&*+#'-

">= 2

=$'$

'+$$(

9AA7!%!?!!DA

• +"**$$8'+))

• +$',**

Page 19: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 19/160

<

!"##$%

2

% B''+-F

'$'+='6?$'+-F''6=-+$$

'+$$

97!:A7!A<A!5!<!

A@9!<%!?!!A!:!D%!DA!

• *+$$*6-

• +$',**

"> 2

">$6$/3/3$

Page 20: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 20/160

%

!"##$% *%* &

&+$'''#-$&'*''-+#+&+'

$*'*6**$$+&$&*+0*$-88'$$-8#$$'$+8-$*'*$''##''+'+'''6+''''$$#*$)B'*''-+#6

% ''**$$+'*+--$$

0**$$$**-'"51/"5)/D1/D)/B1/B)/=/?)/.-*'+$$&+.=''-#&$+9464%

!! =$#$+8''$*'*6*$

+$=$,+&-$*'*$&;*++88+#'=$/=/=9/=!-=!%&.+0*,'$*+#+8-$*'*$$D#'

A

A

%

%A

9++

    =                

    =                %

    =                9

    =                !

    =          %      

    =          %      %

    =          %   9   

    =          %   9   %

    =          9      

    =          9      %

    =          !      

    =          !      %

.9++++&

D1

D)

B1

B)

=

?)

.

$:9++++&

'=$,8&-$*'*$/$='=%/=9-=9%"

+$+88+#--$*'*$68+#-"-;

#'+8-$*'*$8+#-&$+&-$#$$++-''$*''-+#&+'

Page 21: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 21/160

%

!"##$% !!% =$#$+8*$$+=*+--'')$

+0*$*$$$,''$&'-88'++'*+--$$/$D#'%#'-*-+4;$$+#'+8''$**$$-88'$8'++'*+--$$

?(+'*+--$$''*$$*+-$-+++-'**-+$+$#-$+&+'$6'+-8,$$$#8+'6$*8*&+'+0*,&$+++-88'*$&+$-+$*+8#'-+&+'+$+8-88'*$'-#+-88'*+8#'+$-8*$+8#'$'*#''6+#$-+&+'DB'-88'*$+&,'6$#$+$$++'#$++$$+*#''''$

...&6+

%

9

!

A

    -        +  -

    )  B

      )  B

  

     *        ) *

      -  #    

     

          *  +

  

      $ *              +  #

  $

)'$

(:...&6+

D+'+'8+'+/$',&$*+!A+$-''$$#''3#$

Page 22: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 22/160

%%

!"##$% !!9 +#'"#-

D'+=''-#$/*+$$*6**$+-0**6'+$&'*''-+#$-+9A%-#-**$+-6#+4&6-0**$-'*-0**6-6$$+;'*$+--$$+#'$8'+-',+$$'6**,-6+8;$+#'$

!!! @#'$+"5)/"51.

D#'9$+&$-,-#**$+"5)/"51-.8+'.'$#$+8&*'*+-&"-;%

):#&&

D#'!$+&$$#'6+8'$#$8+'''$#-+.

Page 23: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 23/160

%9

!"##$%

#&&

4A

!A

<A

!A

<A

%!A

%<A

9!A

9<A

  "     5  )

        $        *  

  K  %       

  "     5  )

       *  +  $     $        *       $

 4       ,          -

       '       

       -

  "     5  )

      

 4  &    6

                 

  +  #  '  $

           .  &        

  "     5

  1     #      +  "     5  )

           .  &          "     5  )

      -

  ,    '  6

  8    &

  "     5

  1     !   T  "     5

  1  R  "     5

  )

           .  &        

  "     5

  )     #

      +  "   

  5  1

           .  &          "     5  )

     +         U

        ;     $            "     5  )  V  "     5

  )      

  &    6  K  9  

           .  &            ;     $            "     5  )

    +  #    

  M  9  

           .

  &        

    ;     $            "     5  )

    +  #    

  M  9       

  ,          +      &    6  -    8        

       +    $

           .  &            ;     $            "     5  )

    +  #    

  K  M  %  :

           .  &               $  $               

  '    "     5

  )

           .  &        

    +  "   

  5  1

           .  &        

    +  "   

  5  )

                 

     

*:#&&

$4)

 

 

 

 

 

 

  !"

  #$%"&'(   ")*%

(*+

,)

,)$&+%-$.+/0

,)$&+'(

,)$&%-$+.1+20 3

,)$&'(+

,)$&#$%-$&-

,)$&!4.)5"6#$%0

,)$&5"(7

,)$&5"(7&"$%-

,)$&5"(78 ,)$&"

,)$&+ 9

,)$&

Page 24: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 24/160

%!

!"##$% *%; &6!/#<

$$*+$+--+'+,--8,'*+-+$+-,-#''$+6'+,-$#-$++$$*8*''$-88'8'+$+$-'*+-+$8'++$*+$--+'+,-&$+,$6+8+$*#''#-'$-6#''+,-$+#-*8+'+$+

$-,#$'8'++$'',#$,'$-8-+'''*+--$-+*#''+&-$$+$6+J$$#$+$''$#-+&+'$&+#-,+$$-8-

''$'*+'Q-$(

• -+'"''$

• )B''$

• '4)6$-+,'''$

• *)*-#''$

• *+''$

• $*+#$''$

...&6+

%

9

!

A

    -      

  +  -  

  )  B  

    )  B  

     *      

  ) *      -  #         

          *

  +  

      $ *              +  #  $

)'$

;:...&6+

Page 25: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 25/160

%A

!"##$% !A -+-"''$

-+-''$$+#-+Q-+'+,*$#$#**$$'

9+ !/#

&6

<

@6$% . %-? %-?-?

%-?6$'$$&"*$*#$-','++,+-+-?6$'$$*#$-'

+8+6'$*+'''$*+

. %$ %$

$

%$'$*+6,+-++6*'$*+$&*$-*."F="#-$&*'+$$."F="+'-'#$'$$$$-$$*8#'$."F="+'-'-#+."F="#-

$*+#-#$-'$,+6&6$

!A% )B''$

9+ !/#

&6

"--+&-+& D) %A-? !-?8+'=%A-?8+'=

$,#&*#$$$)B+,'-/&*$++-/#+,+-*,$#-$-#++$$'-*$'-+,'+,#!-?$'*+--

'+&-+& D) !-? -?8+'=

!-?8+'=

8"--+&-+&+8!-?$#$-

-?6#$-'

Page 26: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 26/160

%

!"##$% !A9 '4)6$B-+,'''$

9+ !/#

&6

1)B*#$-6B*F+

D1 8$ '# D1'$+-$,$-8-$'*+--+#$$=)-*+$''$

1)B*#$-6.B>+&'

D1 8$ '# )+$''8+')B#-'++-=D

*+-+$-#+$+8?.=/$+.+&'$+#--+,+--'+-*

BB+*+* D) %:$ $ $$*+&B6$'$$$+&$+$'*,8+',$8+'D/-,+-$#*$$'6'4$6$-+,'$&)+8B-+,'*+-+$

BB+=$** D) %:$ $ $$*+&B6$'$$$+&$+$'*,8+',$8+'D/-,+-$#*$$'6'4$6$-+,'$&)+8B-+,'*+-+$

;#$#''+-

D1 $'+'

%$'+' ?$-+++-"51/*'$+%'+,$N)B+*8+#-'+O

+-."F="+?))$-&1$'8*&)-%1)1)&+#--*'$$',*-6-#''4$6$-+,'+1)!A! *)*-#''$

9+ !/#

&6

;.$;-;#-+&'$$$++&'+8'-+

. A-? 9A497-? $''$'-+6*.Q+8#'&-;#8+''-+?'-+&'--#+

Page 27: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 27/160

%7

!"##$%

6.+$8*#''

+&'$%-?8;-,#$$;#+&'B+&,'&$''$+$$++Q=#$-88''$+$-,#8+';."$;$&9A497-?$-+,'+#$$#'$

88$8+'*,+"

= $ 7$

=?$#$#**$$$'&+'

-*+,''$#+'&*'$*$#7$$'*+--&)=?+89!-9$F$

!AA *+''$

9+ !/#

&6

=='$'+ = $ A$ -*$+&+$&8+'$-$==*+*+'H#$$$+$*$*$+-*'$#'+8==+#+

=='*,F*'+#-

= A$ :$ $$$'++,-*==&-#+=+*

"$'0*-*/)$+&$'+'6&+$*+$#'$+#'*$**8+'=*+$'*+--

Page 28: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 28/160

%:

!"##$%

9< = A$*+-$ :$*+-$ ",#+8:$$

8+#-+'+,$$*$+8'-'*++/*#$+'$,8+'+*+=+#"'-1=):$$+$6'+,$*$6*'+Q+'8+'**$$&'+)-1),++',$

!A $*+#$''$

B''--+*$--+68+'="!'$

9+ !/#

&6

<

BB+;"+&-?'. . !$ %:$F$ ="!$$+#-&"+&-?=.M%:$F$

#?''=*+,'6'#$',*'''*+,'6'

= $ 9$ 8'$#'-+&8+'$+'$+/#'*+,'6&-$*$*+#-+$'$++*+#-$-#+''$+8$$&-+$#+&'==*+$-*+''*$6$8+$+*$$"$*+$H#*+8$+,'+-$#+&-=&*'$

Page 29: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 29/160

%<

!"##$% ;% "!",

;%$ .+

;$,-',$$#'$&'*''-+#)*'-+6$91*+,'/'8'*-*'8+'*88'-','+#$&'$$#--$'#-+&

• C+)=+-

• =">=+-

• 1#D#=+-

• 5=+-

• B=+-

• 5.#=+-

• D#>=+-

• C+>+=+-

• #B&=+-

$$*+'$$--)*'$$*$8+'$-'+#$$+8$-','+#$'*'6-*-"-;9$*'$$*$-$*#$$-''$-+P'$#'-,J,'++#'+0*8+'=)/#*+'$''H#'

8++&$*+/$#'6$'$-8+'*'+#&$#'--+&=)-*F+,$+$'$+*'-8+'*F+$=)#$$*''$-++$##$''*+&+'-*#'$'#$-+$+&****''8+'=)-*+$6$$=)M4<A-?-*+M4:-?'#$-$***,$

"6$$+8$*'-',-'+#$,',6++-,'

*+-$'#++,'$'+,--6+#+8'*$+6+**$+$)***6+8&+'$-'*6'++'++,+8'8'*/+#+8'*+,'$+#-*+'+-+$'$$$++&'$-*+$H#6'8'*/$+#-$*+*-++6+*-*

"$'-+*#$*'--*+,'4+,'$++'+8'$,'$++8$-+*#&$$$-++6%-#'0+''+#+$+-+'--#---+*#*8+#-"-;9

$$$+#+++,'*+$'+$+$#'+,'$++*$+#'-/&*$'8''*+$#$8#'-+-'&*$+8$$+#+'(

• 1'$ #*$$'6 -+,'$ - ;*$$, #' +8 $ ' $+8-+,'

Page 30: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 30/160

9

!"##$%

• 8 +,'$++ * $ 6$*6 8' &6 + '+ '/ -+,'

$H#*-$#'-8'*#-++#'$

"',6-'*+--$+#+$+*6$*''$++,'$++*$E-0#$$/-Q#6$**$$+#-+6-*+0#*+&+'**+$-'+$--*''/'+,'8'*8'+'6-+&6$+,#-$'-88*+8'+-#**+,'+$&'

)*'8$&'#$-+-86$$+#'$&-',$'$+$',-''++-#$+#'$'$&0+''+-$/&*'+*,$-+-+&'8'*+#'--+'*+-+$'-8++&$*+$

Page 31: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 31/160

9

!"##$% A C+)=+-)$*$

!$+.+5!#!

='"+4-"+&+

-',$'+$*+$-'-$-$#'#','+&'/

Page 32: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 32/160

9%

!"##$%

• L+8-', '+#$$$86 P-+& $#'-=)'J,

-

• :<%L+8'+#$$$86E:-?*+H#6'

$+#-+-$#'-*+,$'$:L+&''/8#'''8'**+'+-*+8-*+,''+,$+&+#-*&+'H#6,+$$+&D#'7D#':$+&#=)-*+,8+'-','+#*+,''+,-'8'*'-#*+'+#-'-'$&+#-'+,*'8+'*?6*+''=)-*++$'+'$*-8-

3"+&

Page 33: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 33/160

99

!"##$%

>

'&$#'+8+,''+*$-8-&$'+-/&++'-+*-+$$#6'$-+&()=D$$#-+*#"-;98+''*+-+$-+*,*+8-*+,'B+&,'+*+&-$$$$+'-'*+,'&-&*+'+'8'*

)*'--6$$$+',-''%$$+#''+$$'+-8++&+#''+$$+#--$$++$+$$8+'

'+,-*'8+'*'&$+-'+*$-#+$$$+#'$

Page 34: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 34/160

9!

!"##$%

!(?.?#&@

Page 35: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 35/160

9A

!"##$% A% =">=+-)$*$

!)+.+5!#!

A'"+4-"+&+

-',$'+$*+$-'-$-$#'#','+&'/

Page 36: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 36/160

9

!"##$%

• L+8-', '+#$$$86 P-+& $#'-=)'J,

-

• :7%!L+8'+#$$$86E:-?*+H#6'

$$'6&4+$-'&$#'-*+,$'+8%7L+&''/6$$',-$'+'H#'-8#''+$+D#'D#'+&$+&=)-*+,$8+'-','+#

$B"+&

Page 37: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 37/160

97

!"##$%

$$

"6$$+8$*'--6$$$+',-''%$$+#''+$+-

Page 38: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 38/160

9:

!"##$%

!*?.?#&C8

Page 39: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 39/160

9<

!"##$% A9 1#D#=+-)$*$

!;+.+5!#!

$('"++4-"+&+

-',$'+$*+$-'-$#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

Page 40: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 40/160

!

!"##$%

• <L+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$+$+&'$#'-*+,$$L6+-'$*'+$+&$D#'%$+&$++-$'*+*'--H#*+-=),/-*$+$-+$$''+8*++'$$&D#'&'$8*'''++'+$#'8H#-'+4+#D#'9D#'!+&$+&=)-*+,$8+'-','+#

$)"+&

Page 41: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 41/160

!

!"##$%

$*

" ,'6 $ ' +8 '+- -- $*+ -+$ ++' *+ Q+'8'**+'+-*+8-*+,''+,$+&+#-$$$'+8++&$#$-'+,$'$-

Page 42: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 42/160

!%

!"##$%

!=?.?#&

Page 43: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 43/160

!9

!"##$% A! 5=+-)$*$

!3+.+5!#!

$;'"+4-"+&+

Page 44: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 44/160

!!

!"##$%

-',$'+$*+$-'-$#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• ::%L+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$7!L+&'D#'D#'7+&$+&=)-*+,$8+'-','+#

$="+&

Page 45: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 45/160

!A

!"##$%

$3

++'-+*$0+'*+'#+'+8&6*+--+'$*+--+'+$-#+=$+8&'8&),'-'+*$&'+*-',+8=+'-'=%-=9'$*$-+80=+-/&')=*+-&'++#'$&*$*+'=)+#+8;8+'$&'$=#'-*1!

Page 46: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 46/160

!

!"##$%

!>?.?#&&D

Page 47: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 47/160

!7

!"##$% AA B=+-)$*$

!A+.+5!#!

$>'"+4-"+&+

Page 48: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 48/160

!:

!"##$%

-',$'+$*+$-'-$#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• ::!L+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$<L+&'"'++'++8+$#'8'-H#-'-*++'*+,''*#'/?+*1'-'+

$#88'$-6*+$$$'+#-'$+#AA&6#'-6*+,'$,+-'-#+,'+*#'W'+-#*++8&$D%+*+,'$'&+#--,+#$D#'<D#'%+&$+&=)-*+

,$8+'-','+#

$A"+&

Page 49: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 49/160

!<

!"##$%

(B

H#*8;8+'*+8*+,'?+*1'-$+----++#''++'-'+$-'+*+**#'*$$-$*#$$--!$B

Page 50: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 50/160

A

!"##$%

!$B?.?#&

Page 51: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 51/160

A

!"##$% A 5.#=+-)$*$

!$$+.+5!#!

($'"+4-"+&+

Page 52: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 52/160

A%

!"##$%

-',$'+$*+$-'-$#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• :A7%L+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$!%:L+&'D#'%%D#'%9+&$+&=)-*+,$8+'-','+#

(("+&

Page 53: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 53/160

A9

!"##$%

()

&+$*++8'+-$+*$+8++'*+Q+'8'**+'+-*+8-*+,''+,$+&+#-$$$'+8++&*+$'-8-

Page 54: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 54/160

A!

!"##$%

!$(?.?#&D

Page 55: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 55/160

AA

!"##$% A7 D#>=+-)$*$

!$)+.+5!#!

(*'"+4-"+&+

Page 56: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 56/160

A

!"##$%

-',$'+$*+$-'-$-$#'#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• <9L+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$9L6+-'D#'%AD#'%+&$+&=)-*+,$8+'-','+#

(;"+&

Page 57: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 57/160

Page 58: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 58/160

A:

!"##$%

!$*?.?#&8

Page 59: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 59/160

A<

!"##$% A: C+>+=+-)$*$

!$;+.+5!#!

(3'"+4-"+&+

Page 60: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 60/160

!"##$%

-',$'+$*+$-'-$-$#'#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• <AAL+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$AAL6+-'D#'%:D#'%<+&$+&=)-*+,$8+'-','+#

(>"+&

Page 61: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 61/160

!"##$%

(A

++'-+*-$$+#''0+'*+'#+'+8&6*+--+'$*+--+'+$-#+=$+8&'8&),'-'+*$&'+*-',+8=+'-'=9-=!'$*--+8C+>+=+-/&')=*+-&'++#'$&*$*+'=)+#+8;8+'$&'$=#'-*1!

Page 62: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 62/160

%

!"##$%

!$=?.?#&@8

Page 63: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 63/160

Page 64: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 64/160

!

!"##$%

-',$'+$*+$-'-$-$#','+&'/

• L+8-', '+#$$$86 P-+& $#'-=)'J,-

• ::AL+8'+#$$$86E:-?*+H#6'

"6$$',-$'+'H#'$8#''+$+&'$#'-*+,$$!!L+&'D#'9D#'9%+&$+&=)-*+,$8+'-','+#

)$"+&

Page 65: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 65/160

A

!"##$%

)(

,'$++*$0+'*+'#+'+8&6*+--+'3'+#$-+&$'--+*''6+#+'+,H#6+8$'+-

Page 66: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 66/160

!"##$%

!$>?.?#&7

Page 67: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 67/160

7

!"##$% ;%( "..++

$$*+;$*+8&+'H#'$+&'-&+''8+'*<$+&$$$*+8+%'$-#'!%4A%N..#+8$O$-+'/&*&**,6$8*6

!$A#&!(BB$%B*%(BB=4$;%B=%(BB=

Page 68: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 68/160

:

!"##$%

))/

"$+-+,/N..#+8$O&**,6'8+'*?6+$',$**$/==$#-**$$'8+'*&$88*-$+-'/$D#'9!'+$+-'*6+#--*#$8..$$+'88*-$+'$$$+-#+'&+,6==)#-"**$$8#'+**#'

<

<A

<7

<7A

<:

<:A

<<

<<A

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !   

   %         

      !

   %         

      !

   %         

      !

   %         

      !

   %         

      !   9

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A   

   %         

       A

   %         

       A

   %         

       A

   %         

       A

   %         

       A

   %         

       A   9

   %         

      

   %         

         

   %         

         

   %         

         

   %         

         

A

A

%

%A

9

",F..I"3". ==)#-"**$$I&F==I)I"I"))I "..D)+#

)*.+E/.'E

B%$F

B%*F

Page 69: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 69/160

<

!"##$%

?$-+7A-6$'$+'6/+$8'H#-6+$7!$'

;*#--8'+*,6$$*$*+*8-*,6$'+,-6AL+,'/D#'9A-D#'9+'&+'-/6'+,*,66!L/==+*+)#-"**$$)#**$$=*+#-'+,6L'/$D#'9!

);#.

)=

Page 70: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 70/160

7

!"##$% =% "5!

=%$ ++.+

==$#-**$$'8+'*$6Q-$-+$',*,*+#'-8+'&+4&'+-8'+!%+!!%-8&+#'$+8=+$*+*-+!!%!&+=$/6=%-=9

!"

!"

#!

!"# $%&" ''(

$"!

%$&

)*

'

!" +, (

( ) +, (# *&-(, +-%&

%$

" ./*

!"

!"

!"

!"

#!

!"# $%&" ''(

!"# $%&" ''(

$"!$"!

%$&%$&

)*

'

!" +, (

( ) +, (# *&-(, +-%&

!" +, (

( ) +, (# *&-(, +-%&

%$ %$

" ./*

" ./*

)3:++

D#'97-*$==*+*+$$'*,-6))-$',*,*+#'$''--88'$$-8+'-88'8#''$+$%$+&$8#'F'$*#$$#$--88'==F="?$$-'8;+

- "G

"-$$+*+'+ "-$$+*+'+'0*$$#/**+'-+,';*#-8'+Q?)8#'

D'+Q?) "-$$+*+'++*$=.$$+$#'$#+8'*6

*$

B-+,'*+'+ B-+,'*+'+6'+'$8#'

Page 71: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 71/160

7

!"##$%

- "G

'$+''$$$+

"6'$+'8#'==F="?$#W'$+'8#';*#-#'$+'==F="?*,

=' ='8#';$(.%8#'/**6'+

?) $#**$$8#'-+$#==$#W'-+'*+8#'+''+=="?$#W+'?)'$+;*#-$6*'+$+8#'==F="?*,

"*+' =="?$#'H#$-/#=="?$++&--#'*+'

F# 8#'$-+==$$$

=-+'8* =-+'8*$6*'+$+8#'$-+?"

#' '+*-#'8#'-'8=;('-+'*+8#'+8#'=

# #'$+'8#'==F="?*,

'4+ ="?-==*+*+$''$-+'-'+'++8+'''+'6="?/8+';/'*6*

)='+*+ ="?F=='$-#+)='+*+

Page 72: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 72/160

7%

!"##$%

!(B:-'..-5"G

Page 73: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 73/160

79

!"##$% =%

L

%L

!L

L

:L

L

%L

!L

L

:L

             +                          .

                 

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

(BB=

==II)ID".I"F==II)I" ==II)ID".I?)F==II)I"

==II)ID".I=")F==II)I" ==II)ID".I=F==II)I"

==II"ID".I="F==II)I" ==II"ID".I)F==II)I"

)>:.++&($$

D#'9:$+&$==8#'*#$-$'#+==$#-**$$$$=%

8#'*#$-$'#+$,'++'+++#'+8==*+*+$'*,-6=8#'*#$$'+$+&'$,Q'+,#$+,'&+'+-+86$$

-+8#''$+$==**$$$&*$&$-==*+*+$#$$-'*,==*+*+$#*+$$+=$-==**$$$8#'6$$'-+*#-*'-%*+'#+8'+==$#8#'*#$$$$8*6+&'==**$$8#'*#$$B+&,'/8==*+*+8$-#++'$+$+'==*+*+'0*-#'$#$''$9+'$-$#$H#==*+*+'H#$*$#**--

==$#8#'*#$$$#*$"-$$+*+'+/?)/'$$$+-=-*$&''$*,'$+#'*$$#*$''8***6+8?)/'$$$++&'-'*,-#'8'*/?)'$+#'*$/#'8*'$+#'*$-=''$+#'*$',-8#*+&8+''H#$-

==*+*+

Page 74: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 74/160

7!

!"##$%

%

9

!

A

        L

         A        L

        L

         A        L

    %    L

    %     A        L

    9    L

    9     A        L

    !    L

    !     A        L

    A    L

     H    

     .    +

                  

" ?) '$$$ + = =- + )

)A:&.7+.!7/6.B$%B*%(BB=$*%B*%(BB=&($$

D#'9<$+&$#'+8*$,$8#''*''$*#$-#'&+&'+-&!%-!!%=%$+&$*,-+8#'$'$+-#+'-+-)**$$$

#'$'+-/+6%<*$=%-+'L==$#-**$$8#'$+#+8+==$+-6$$+$*$J$'$8++&(

9!/A/9AA:/9A::/!!!/99:/!:7/!/7:/!:/!7/!997/!7/9A77/

!99:/A</777/97:/977/A<7/%A7/%A:/A%<7//A%:7/%A:/!%/%</%%7/9<7

=="**$$D=-+

==**$$8'-+$+$',8#'*#$=%*+#'=="**$$D=-+$#--&=$+'*,-$6*'+Q+-*+$$8'++-?+'$==+*+)#+$$'*,-&$*+-$+8$-==*+*+$#$$$.$6*'+Q+$+*,-./.+'+

$*8++&$*'+$(

• -+$+'*,==)-#+++'*+,'+'.'8'*+'+&'+8)B*''$D"B-B'$+'*$6+,*+,'$8'$B+&''8+'*6-*#+8)B$*$$'6D#'!$+&$=,

Page 75: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 75/160

7A

!"##$%

$#**$$'8+'=%-'$'++8+''+,

'8+'*Q++8)B+&'**''-+#+$'+,+==$#'8+'*-'8+'*B+&,'/+,''8+'*$+#-*#-,$+8'+*+'&+'))$$$&

• *+''*6'*,$==)$$#$++$$..$6*'+Q+E8$8$'&+'4-&'#'+-$

• 8$$#**$$8#$$.$6*'+Q+-$-$.B8'$+8*.$6*'+Q+#?)$++*,.$6*'+Q+?)-+$+$-$6*'+Q+-*++==

+&$+.-.$6*'+Q+'*,-8'*,$?"($6*'+Q+-*+8+/$+&'&'$6*'+Q+$8-++'+-'*+$B+&,'/8.$6*'+Q+$+*,-/.&+$$'$'$$$++68'*,$.$6*'+Q+

A

A

%

%A

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

          +                                                            

7L

79L

7L

7<L

:%L

:AL

                             +   +                      

=I"1I)1 $#**$$'

*B:&++&($$

Page 76: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 76/160

Page 77: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 77/160

77

!"##$%

'*,-+&'$+'';'V';+88$+'+'*,-+&'+8#*+'+

+-$+'';'++8'H#$-==*+*+/='0*$'H#$''6'$+8+'-$$+*+'+8#'$-#+'*,-#+$$$$#'$$';'V';88$?6*'$';'+9-?/-$$+*+'+8#'$*-

+$$$'-#+$#+#'8+'*+8$-$#+#+-?*+8#'+-+++68#'$-#+-$$+*+'+*$#$6-6$';'9-?$+&$+'*$+--$'$++8;'?)'$$$++&',*$+*'$'$+#'*#Q+-*88**6+#--+&-'*+$

% =9

L

%L

!L

L

:L

L

%L

!L

L

     !

      

     !

      %

     !

      9

     !

      !

     !

      A

     !

      

     !

      7

     !

      :

     !

      <

     !           

     !           

     !           %

     !           9

     !           !

==II)ID".I"F==II)I" ==II)ID".I?)F==II)I"

==II)ID".I=")F==II)I" ==II)ID".I=F==II)I"

==II"ID".I="F==II)I" ==II"ID".I)F==II)I"

*(:.++&$$)

!!%/?).!D++=9-+'6==*+*+8#'$-#+?)$#$,--#+'$+#'*$$8#'$,'+,-8'+$$*$$$&$&'$#$

=9/-+==8#'*#$$-#+'-+'8*$6*'+Q+8#'-#'**$$$8++&-6-$$+*+'+'0*+'$6/'*$'+8==*+*+**$$8#'$-#+)=9$#*$$=%

==*+*+$#8-#+=$#;*-6$8*=9D'+='+$/$#-'$++-$$''6-#++'$+$8'++#'++

Page 78: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 78/160

7:

!"##$%

+&'*+'+*$-$8'+1%++$1%+'+$

-'---8#'',$+$+*''-+#

'++'++8==*+*+$#8#'-#+-$$+*+'+$'=9=%*$+87!7/-7!7%+8+-??9*+'#-$8*6+$8#'"''**$+&$$&+*$,';'+8!-?

A

A

%

%A

9

9A

L AL L AL %L %AL 9L 9AL !L !AL AL

    H       .    .                       

" ? ) ' $ $ $+ = =-+ )

*):&.7+.!7/6.B$%B*%(BB=$*%B*%(BB=&$$)

"**+'-+D#'!9/*,-+8#'$-#+'-+**$$$

#'$'+-/+69*$=9-+'L==$#-**$$8#'$+#+8+==$+-6$$+$*$J$'$8++&(

!9/</%%/:%/!!/!!%/!A9/!A/:/7!/7%!9/7!7/7!7%

9 +'$++8==)#-"**$$D#'$=%-9

=8'+D#'!!/+=$==**$$8#'$-#+'-+'-+8#''$+B+&,'/*+'$++=%/=9$#*$''*+8==8#'$-#+)=%/==*+*+8#'$-#+)*+$68'+1%7=9-$$+*+'+8#''++'+&$'=%$$-#+8*8&*$'*#'6*$+87!7-7!7%/,+&'';'+8!-?D#''+''++'+8#'$-#+===$#$&$$+'=9=%$8#'$+**#''-+61%

Page 79: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 79/160

Page 80: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 80/160

:

!"##$% ! ==+*+)#$*

?)$#'$-'+'$+4&6'++-6+8'*,-==*+*+'H#$$+='#'6+8-6$9*$%9!$8+'+6#$-+,#8*$,--*4'-*+8#'++Q+

"-;!$+&$$+8#'*+*+$#$-,'$#'*F+6$,$'H#$-$*8+'+*#$-8+'#+Q+

A ==+*+*+'8+'*

,'6==+*+*#-$*F+-$$*#$D#'!A$+&$'$'+-'4'*'$*+$++''*F+*+'++'I*+,'$+*$$*#$+$+8'$'+-'4'*'$*+++,'+'-'+8"-1)&*$+-8-+8"*+,'

*;"+ -&

"$;*-/'I*+,'$+I*$$==*#$8''$'+$B+&,'6*+'$+/==*#$('+'6$$$+'$';*+8#'*+'$++'*+,'$+*$"$*$8#'''H#$--'-)$',*"+#91$*8*+--+*6$*86==*#$8+')$/+$#$==*#$('$'8+'==+*+/+6$*8*$'$*'+'6$-#')*$#$#$$+$',$$#$&==*+*+$+8)*$#/6/.1/)$#/)+6'*$$+-)'$J-8+'+$$D#'!/D#'!7-%

Page 81: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 81/160

Page 82: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 82/160

Page 83: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 83/160

:9

!"##$%

&($$

A

A

%

%A

9

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H       .                 

          

<7L

<7AL

<:L

<:AL

<<L

<<AL

L

            5                   +                                +   +                          

="?$$/,+* ="?$$/)*+,'$+

="?$$/)'*, ="?$$/)*'+#-

="?$#*+$#**$$'+/3+* ="?$#*+$#**$$'+/)*+,'$+

="?$#*+$#**$$'+/)'*, ="?$#*+$#**$$'+/)*'+#-

*A:5++5...!..+&($$

D#'A$+&$-6="?$#-**$$*+$#**$$'+$=9+,'$'+-'88**''-6=9$+&'=%-$="?$#$#**$$'+$'+'=%'="?$#$#**$$'+8+',+*="?$+'+,<<AL="?$#$#**$$'+8+'-*-$',*$$+$6+,<L

"**+'-+D#'A-D#'A%/'-+="?$#8#'*#$$-#+)8+',+**$$;*-$8#'*#$**+#$+'-+'8*-'-$$#$'-+'8*8#'$$6*'+Q+&$

+$-#'="?**$$$-#+*+8*+,'/'8'*/+'#'#'8*#+'-+$$+8*'',-J$+6$+&6$+$$+,+-+$$6*'+Q+-#'="?**$$$-#+'-+'$+$D+'$*/&$+,8'+*+,'+8+*8'++'-#'="?$#'+*$$-&$+--+,'++'*/-+,''+*$$$++&-'+="?$#'+*$$,#6/-6-+,'*'$#J$+$*+,'&$',*-*8#')+$$+8-+,''H#$$*-6-+'*+;*#--#+*+8'-+'8*-'$$$+'$+#'*$'*$+$&'$#*$#8#'*#$',*

Page 84: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 84/160

:!

!"##$%

&$$)

%

!

:

%

!

:

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

     H    

     .               5

                          

         

<L

<%L

<9L

<!L

<AL

<L

<7L

<:L

<<L

L

               5        

                 +                 

                         +    +                    

              

="?$$/,+* ="?$$/*$*+,'$+

="?$$/$'*, ="?$ $/$*' +#-

="?$#*+$#**$$'+/,+* ="?$#*+$#**$$'+/*$*+,'$+

="?$#*+$#**$$'+/$'*, ="?$#*+$#**$$'+/$*'+#-

;B:5++5...!..+

&$$)

%

9

!

A

7

:

<

    H       .    .                       

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

&($$

="?I)ID".I)I3I" ="?I)ID".I)I3I?) ="?I)ID".I)I3I=")

="?I)ID".I)I3I= ="?I"ID".I)I3I) ="?I"ID".I)I3I=

;$:5++.+&($$

Page 85: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 85/160

:A

!"##$%

%

9

!

A

     H    

     .     .

                              

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

&$$)

="?I)ID".I)I3I" ="?I)ID".I)I3I?) ="?I)ID".I)I3I=")

="?I)ID".I)I3I= ="?I"ID".I)I3I) ="?I"ID".I)I3I=

;(:5++.+&$$)

&+'=$,*,++88$+8$$$H#',#8+'$-+)=?+89$$+=%19+'','$+$/$*,++88$*'-#*-+A$+'+&'$&-*'$'-+''$#'+*$$-#$-#'++88+'&*''+*$$$++&--$+8-+,''H#$$''+*$$--*'$="?**$$8#'$-#+)

-$$+*+'+8#'$'+6=%#$8*=9"-$$+*+'+8#'$8'$**6+#+'-+&'-+'8*$"-$$+*+'+$$'*,-'8'*+&'-*J$

'$$$++&'*'$$8+'-="?'H#$$D'+*'$+#'**+#'$/*#-'$++-?)'$$$++&'$++$'$6+8+&',/+&,'+*+$8'+#'*,-'8'*+&''$$+&''$$-+-?6''';'+$+8*$+&,'$#'+8*$-';'+8!-?-#'$'+-=9$+&'';'*$-+'="?$#8#'$-#+-$$+*+'+

+#6-88*$/';'**'$-+9-?++&+'*$+--+J$+'*+-+$+$';'+9-?-6+="$'+#-&+'-,'-6$9-?$$*$+$6'-#*8#'$-#+'-+,'+#$$$+8*

"+'+*#''68&8#'$'-#+=+="?$#-**$$$$B+&,'6-+J$+&*+$$-$8*#'$+-'&6*+*#$+''+**$+8#'$-#+?)*#$$++

Page 86: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 86/160

:

!"##$%

"**+'-+D#'A9/="?**$$8#'-#+)$+$',*#$8+')

*+,'$+*$=%?#=9/="?$#8--#+-$$+*+'+6$$+&D#'A!

%

9

!

A

7

     H    

     .     .                              

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

&($$

="?I)ID".I)I3I" ="?I)ID".I)I3I?) ="?I)ID".I)I3I=")

="?I)ID".I)I3I= ="?I"ID".I)I3I) ="?I"ID".I)I3I=

;):5++.0'1&($$

Page 87: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 87/160

:7

!"##$%

%

!

:

%

    H       .    .                       

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

&$$)

="?I)ID".I)I3I" ="?I)ID".I)I3I?) ="?I)ID".I)I3I=")

="?I)ID".I)I3I= ="?I"ID".I)I3I) ="?I"ID".I)I3I=

;*:5++.0'1&$$)

A

A

%

%A

9

       H

            .       .                                       

        !  

        

        !  

        %

        !  

        9

        !  

        !

        !  

        A

        !  

        

        !  

        7

        !  

        :

        !  

        <

        !  

                

        !  

                

        !  

                %

        !  

                9

        !  

                !

&($$

="?I)ID".I)I=I" ="?I)ID".I)I=I=") ="?I)ID".I)I=I=

="?I)ID".I)I=I"B ="?I"ID".I)I=I) ="?I"ID".I)I=I=

;;:5++.+!..+&($$

Page 88: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 88/160

::

!"##$%

%

9

!

A

7

:

<

    H       .    .                       

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

&$$)

="?I)ID".I)I=I" ="?I)ID".I)I=I=") ="?I)ID".I)I=I=

="?I)ID".I)I=I"B ="?I"ID".I)I=I) ="?I"ID".I)I=I=

;=:5++.+!..+&$$)

%

!

:

%

!

     H         .     .                              

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

&($$

="?I)ID".I)I?"21I" ="?I)ID".I)I?"21I=") ="?I)ID".I)I?"21I=

="?I)ID".I)I?"21I"B ="?I"ID".I)I?"21I) ="?I"ID".I)I?"21I=

;3:5++.5+6!..+&($$

Page 89: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 89/160

:<

!"##$%

%

9

!

A

     H    

     .     .

                              

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

&$$)

="?I)ID".I)I?"21I" ="?I)ID".I)I?"21I=") ="?I)ID".I)I?"21I=

="?I)ID".I)I?"21I"B ="?I"ID".I)I?"21I) ="?I"ID".I)I?"21I=

;>:5++.5+6!..+&$$)

D'+D#'AA+D#'A:="?$#-**$$8#'$8+')'*,-*'+#-*$$$J'88*=$%-9'$+&

''H#6="?$#8#'$-#+'$$$+=98+')'*,-*'+#-*$$$8+'6-6$$+$',-$.*+'#$+$+88#'$-#+'$$$+$#-'$++-$$*+,'$+88*-$$$$#88*#**6+*$&*-'88***$$-6$88

%"'/*%7=%'&'%9!="?$#8#'$-#+'$$$+$$#--$-#+*'$#'+8**$$&$+''+-+8$$Q$8*#**6$$#88*+$#--*'$'88*-#+$+*+'**,$+*+&$+'$+8

="?$#8#'$-#+'$$$+*+#'$#--8'$*+8#'$$$+'$+#'*-#'*D"B+*B'$+/8'+BF+B;;F66''$+/B'#'-/$+8-+,''*--++''4=BBB+&,'/'H#$$8+'''$++''#'-'''-#$+*#$#*="?$#8#'$8+')-$',*$$*+#'$+&$#$="?$#8#'$-#+'$$$+-++&6$-#*$#8#'$B+&,'/$*88*-#$'J$;'*-66'-#*-'+##/-*'$--6

**$$-$',*$

='6=%$+&$+'="?$#8#'$-#+*+'--#+=+)'88**$$$=9-+$$#-'$++-&+')=)'+*+$$#+'-8+')$',*$#+8+')$',*$$*#$$8#'$-#

Page 90: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 90/160

<

!"##$%

+*+'$*'+$&$++)*=-*$

*+'-+)=&*$+'=+8$',*--+8$)*/$+)*-'H#$$="?+)=&*&+$#+'--#+*+'$8#'$''-$$#+'#="?$+'-'+*+'+$6+88#'$$#+'8+')=)'+*+8+')$',*$$+$+-

% )="??+*

$$*+$+H#86*+8+*+&+'?+*$-8-'$'0*+="?$$-#+*+8'$+#'*$8++&'$+#'*$*+$8+')*+*-

)++?)(B'-&'***6+8?)-8$#'+8$#+#$*$?)**''6**6--$+*+8#'++8)$/"$/-#'+8*'''$8+'*++*'+*$$+8?)="?$#8#'-#?)*+#'6++#$'+

• #'8*(#'8***6$#'+8$#+#$*$?)***="?$#8#'$-#'$$$+6++$'+

• ="(?)"".%"-$$++'+*#'+8*$$#0*+,**6="?$#8#'$-#'$$$+6++$'+

• #'8*(+-#--+&*#'+8*$="?$#8#'$-#+"-$$+*+'+6++$'+

="?$#8#'*+#'$-#+?)-'$$$+*-*'-&'-#'8*+#+''8+'*-'-+--++**6+*',*+#'$.9#'+'+8+=$$+&8&="?$#8#'$-#+?)&'+-#+)**6+="?$#8#'-#'$$$+&$''-++'&+$*$8+')*$*+#-$$+*-&$6+8'$+'&+'*''$#$$?)'$+#'*$+'#'8*'++*)+*

'$$+#'+8)="?+*-#+-$$+*+'+$*$'$+#'**'*'$$$++&'+'#'8'*$8+#-8'+*+#'$$-#'8'*$6-?';'&*&$*#$$++*+8+',+*-*$?+*&$''=9-#'$'+-0#$*#$+8&+*$&';'+8!-?D#'A<+D#'%$+&+-'+*-#+-$$+*+'++=$$-#+-#'$+#'*$#+*'$$$++&'

Page 91: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 91/160

<

!"##$%

&($$

%

!

:

%

!

:

%

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H                        <          +            I                

9

<

%

A

    H                        <

          +            I                       9      +       

=@I)I3II)= #6 =@I)I3I=5I.I)= =@I)I3I=5I.I)=

;A:<+II9+'+&($$

&$$)

%

!

:

%

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H            <          +                        I                

9

<

%

A

:

    H            <          +                        I                       9      +       

=@I)I3II)= #6 =@I)I3I=5I.I)= =@I)I3I=5I.I)=

=B:<+II9+'+&$$)

D#'A<-D#'$+&'$$+#+8+*-#+#'*,-'8'*+=$B+&,''$++*-#+-+&'$$$++&'

Page 92: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 92/160

<%

!"##$% %% )+,'$+

&($$

:

%!

9%

!

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H    '                    

         I                

!

:

%

%

    H    '                             I

                       9      +       

=@I)I""I3I)= #6 =@I)I3I=5I.I)= =@I)I3I=5I.I)=

=$:'II9+'+&($$

&$$)

9

<

%

A

:

%

%!

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H    '                             I         

       

%

9

!

A

7

:

    H    '                             I                   

    9      +       

=@I)I""I3I)= #6 =@I)I3I=5I.I)= =@I)I3I=5I.I)=

=(:'II9+'+&($$

Page 93: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 93/160

<9

!"##$% 3% "!&5!

3%$ <+5.++

D#'9-D#'!$+&)3+*="?-'+'+-#'+8$#**$$8#6--="?$=%-=9'$*,6+-6,8+''+-$#**$$8#6--="?$$$#+8="?I"II)I3-="?I"I=.I)I3I)=&+'="?I"I=.I)I3I)='8'$+),+*="?$--+,'+1)&+'#$$-6/=%--'+#-%A),+*="?$-=9/'+#-),+*="?$$#**$$8#6B+&,'/),+*-'+'+$'$$L+$+8-6$

8+'##$-+**#)3+*-'+'+'$+8#$''$*,$$

8++&(

T)="?I"I=.I)I3IIV="?I"ID".I)I3IV="?I"ID".I)I3I="V="?I"ID".I)I3I?)V="?I"ID".I)I3I=V="?I"ID".I)I3IIB2V="?I"ID".I)I3I=V="?I"ID".I)I3IF)="?I"II)I3V="?I"I=.I)I3I)=V="?I"I=.I)I3IIV="?I"ID".I)I3IV="?I"ID".I)I3I="V="?I"ID".I)I3I?)V="?I"ID".I)I3I=V="?I"ID".I)I3IIB2V="?I"ID".I)I3I=V="?I"ID".I)I3I

&($$

!

:

%

%

%!

%:

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H       .         +   +             .              

                                     5   

L

%L

!L

L

:L

L

%L

!L

            5                              

)#**$$8#6--="?)3+* ="?-'+'+)3+*

=):5&.++.5.<+&($$

Page 94: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 94/160

<!

!"##$%

&$$)

%

!

:

%

!

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

    H         +   +             .                                                   5   

L

%L

!L

L

:L

L

%L

!L

L

            5                              

U)#**$$8#6--="?$ ="?-'+'+

=*:5&.++.5.<+&$$)

A

A

%

%A

    H       .    .                       

     !

      

     !

      %

     !

      9

     !

      !

     !

      A

     !

      

     !

      7

     !

      :

     !

      <

     !           

     !           

     !           %

     !           9

     !           !

&($$

="?I"ID".I)I3I ="?I"ID".I)I3I=" ="?I"ID".I)I3I

="?I"ID".I)I3I?) ="?I"ID".I)I3I= ="?I"ID".I)I3I=

=;:5+&($$.<+

Page 95: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 95/160

<A

!"##$%

A

A

%

%A

     H    

     .     .    

                          

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

&$$)

="?I"ID".I)I3I ="?I"ID".I)I3I=" ="?I"ID".I)I3I ="?I"ID".I)I3I?)

="?I"ID".I)I3I= ="?I"ID".I)I3IIB2 ="?I"ID".I)I3I= ="?I"I=.I)I3II

==:5+&$$).<+

=3:5+&!7476

D#'A/D#'/-D#'7$+&'-+8#'*#$+=$%-9$-#+'-+*+'#++88#'$-#+=$+'$8*

=9-+#+7L+8+8#'$B+&,'$*+'#+$+6!L=%$+8+'-8#'*#$+8=="?*,$*#-$'$$$+'-$$#$

Page 96: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 96/160

<

!"##$%

,--6,6$$+8)3+*="?-'+'+-#'$'+--+$+

'+,-6*''-+8*+$$6-'8+'*$+=$%-9)+*$$+&-'-'+'+$-#++&#'$$-="?$+$+-6$$),+*-'+'+$'+$$*6'-#++&#'+8$$-',+--6$$$+$6+6*$*''-$A),+*="?$&'*+$-'-8+'6$$

D#':$+&$$+'+8#'+8*-6$*$#-6#'+8-6$-#'6$$'+-,$),+*="?-'+'+'*-6$*''-$$A+),+*="?$*,$';*#--8'+6$$-#+$#88*$$+=$+$:L+8*4-6$,),+*="?-'+'+$$LB+&,'/=9/'+#-%7L+8*4-6$-'+'+$+'AL&'$$+6%L+8*4-6$=%

%

!

:

%

!

    ;    M          L

          L    R

    ;    X           A

     L

           A

     L    R

    ;    X           

     L

           

     L    R

    ;    X     A      

     L

     A      

     L    R

    ;    X               L

               L    R

    ;

<+5

    H   

    .        "                     

L

L

%L

9L

!L

AL

L

7L

                                                                        +                        

U+8-6$=% U+8-6$=9 '*=% '*=9

=>:<+557B$%4$*%B*%(BB=

Page 97: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 97/160

<7

!"##$% 7 ="?"*,D#')3+*-#+=-+

="?I"ID".I)I3I="$-+8#'*$/$--8#''$+$'6Q-'8'+=+$'-+!!%8+'8&+#'$

= )+#'* D#' #'+88#'$ '++'+

% =-+ '-+II8#'I* '-+I*+I+$I* 9: :L

+I'$I8'+I'*I* -8#I* : 9%L

9 =-+ '-+II8#'I* '-+I*+I+$I* % :!L

+I'$I8'+I'*I* -8#I* A L

!((:<+

"$$+&%%="?"*,D=-+*$'-+&+-$*'$=-+8#''8'$++$$+8..$6*'+Q+*$+$'$#+8+$..$6*'+Q+8#'$-8-&=$'-+-+/&*$*0#$+,'$*+-$8'+$$+8$6*'+Q+-$+'4$$-+'$+$8'+=.'6$'-+$$6*'+Q-.#''+*$'*,-8'+=.6'$6-*$+$.$6*'+Q+-+==$$$$#*$*,$#-*+,'*,-

7% )3+*="?D#'$66

%

!

:

%

!

:

%

     H    

     .     .                              

                 +   &   

            :        F        7        F        <    

              '           

    2            :        F        <                F        >  4

        7        F        <        F        "        9    A    :        !    

    3    <        %    

    C    9        :

    C    :                F    3    :            F    B    :    

      4            9    F        :        :        D

'"

=-+8#' +'$+$8'+=. #-+**#''- =-+*+*++$ ,-*+8#'+

=A:5<+'"!

Page 98: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 98/160

<:

!"##$%

*'$+&D#'<$+&$#'+8),+*="?8#'$'8+'6

68#'*#$++-$$+&+$#'+88#'$-#+'-+'8*'+$$$-#+8*++-$,-+$#$*'''+$&'*$$++8+'$+&+$+#+8,-*+8#'+8#'$++8+'+88+'$,$+'+$'$6+6$$+&*#-+**#''-8#'$&*'$+'-

79 ",'="?B+-'="?'+8+')3+*

<""5!<"<"!#"

A

A

%

%A

    !     

    !     %

    !     9

    !     !

    !     A

    !     

    !     7

    !     :

    !     <

    !         

    !         

    !         %

    !         9

    !         !

     #             

                         

                 

     0                  1

9

<

%

A

     #            

         

                       

                  

     0                  1

#$'-'+=% #$'-'+=9 +-=% +-=9

3B:##!&($$$$)

#'-'+$++8#$8#'*$+#-'+-*'8+'*$'*'$*6$+**+#+-+8*D+';/8*$+8$*+-$,-'+*'+8%L$$%+8*$-'+-)'6*$+8$*+-$&%-'+*$&+#-$+6%L-'+*'B+&,'/8'$;$#'$:9-$*+-;$+8:9/*'6$*+-$*'+''$$''-+8$',*

"#'+6'8+'1)&+'&'*#$+'$&+#-6*6,+8+,&+-'*+8'+;6$*+-$B+&,'+---$+*+#'6$*8*$#$*'',+'"**+'-+D#'7#$'-'++=$$#'$$-&+,'-6$#'$$A'*#'6=9+-$'+#-%

#$+=$$-*$8*,+**-'+'8+'*$&#'1)&+'*'+,-8#''"++-'8+'&+'$&'&+J$&+'H#$&+,'%#$8+'$+-

Page 99: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 99/160

<<

!"##$% 3%( 0'15.++

%

!

:

%

!

     !      

     !      %

     !      9

     !      !

     !      A

     !      

     !      7

     !      :

     !      <

     !      

     

     !      

     

     !      

     %

     !      

     9

     !      

     !

          +   +             .                 +                                       5       '        

L

AL

L

AL

%L

%AL

9L

9AL

!L

            5          

                    

="?I"II=% ="?I"II=9 ="?I=I="=% ="?I=I="=9

3$:5&.++.5.'&($$&$$)

D#'7$+&$-'+-*'8+'*8+'=%-98+''+-8'+$+!+8"'#'+8*$'-'-6'=$''$-'*#'6=9$,$'$$-'+-*'+8#*#'6-$$*$#'=%&$#**$$8#6*+-="?$;*-/-'+-'+$'+#-L+'+&

-#'+8$$*+$'$--6$$$-++),+**

'8+'*

8#'*#$'-+&8+'$+&$8#'$'*#$-+66'-+1,8*&+'$6+---6+8,-+&+&'/$';'$'8+'*

Page 100: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 100/160

!"##$% >% #5!

>%$ ..+

8++&$*+6Q$$+8-+,''8+'*+8*$=$%-=9$$*$&'-',-8'+*##,$#+8$+8-+,''8+'**+#'$*+*-+,''+-8'+!%+!!%

: )+8-)+8'B-+,','-

$+8-+,'+,'-$*++'*#$-+H#86$+8-+,'*,6+8*91&+'$+8-+,'+,'--*$#Q+88**6+8*'$+#'*$$#*$-+&*'$$$++&'/?)'$+#'*$$#*$)/-#'$$$+'$+#'*$'$+8-+,'*+$#$--+'$+#'*="B+&,'';$$+#$+8-+,'+,'-8+'*$8+';#,''8***6+#--+&"$+#$+8-+,'+,'-*+,'-'8'*'+'*#'6*+'-''$+8*'8+'*/''$+8-+,''*H#68'$+#'*+$++*$+8-+,'+,'-*+';*+'+-6'+'$*++8D)''$$#*$--+&-+&/-'+&-+&-*,$$QB+&,'/''$++'*+'#8*+'$8#*$+8-+,'+,'-$#*$*+8#'+-''+++6/&*'+*+'+6$+8''$

#''8*'$+--+'$+#'**+$#+8+'$+8-+,'#

-+&''8*+$+8'-$+8-+,'*,$*+$#--+'$+#'*$B+&,'?)-#/+6$+8-+,'*,6*+$#$--+'$+#'*$#+$+8'-+,'*,6'8+'/$&+'$'+$+8-$+8'-+,'*,$8+''$+#'*+8,'+#$&+'$-'8*$*+$+$+8'-+,'/$$*$'+'#$8#8*+$-'-?),

D'+*+#'$$*$/=%=,$+8#$$+8'-+,'+,'-$!7L-=9=,$+8#$$+8'-+,'+,'-$!L=,$'+'+'$$68#'$$',+-+&+-,-#*#$'+'+.,$*$$'68+'8##'+$*#$+,'=$$*$6$*'-'8+'.$/$*-"-;A

Page 101: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 101/160

!"##$%

%

!

:

%

L L %L 9L !L AL L 7L :L <L L L %L 9L

    &   

                    .   +              

L

%L

!L

L

:L

L

%L

             +                     

    0                                          K   G    F    1

=% =9 =% =9

3(:...&($$$$)

D#'7%$+&$$+'+8#'+8*$&)B+,'-'*'$*$,$+8#$$+8'-+,'+,'-$'8'+L+%AL8*$'$+-&+$$+,,'6+&$+8-+,'+,'--++'*$*,,'6+&$+8-+,'+,'--#+$#'"**$+8#$$+8'-+,'+,'-$8'+!LYAL)+8-+,'-$'#++=$++$'+#$-,$+'-#*#'+8*$,,'6+&$#*$+&%L-,'6$#*$+,7L$+8-+,'+,'-

D#'79$+&$$+'+8#'+8?)$8+'+$+8-+,'-$+8'

-+,'+,'-$-$'#+=$%-9?)$&$+8'-+,'$-*'$++#*+,'+8&++'+'+8'$*+'$)+8-+,'+,'-$+'7L8&*$=,$+8-+,'+,'-$%:L-$+8'+,'-/<L=%-=9/6'%AL-L'$*,6

Page 102: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 102/160

%

!"##$%

%

9

!

A

7

:

L L %L 9L !L AL L 7L :L

    H       .    /    5    !        .                .                                    

%

9

!

A

7

:

    H       .    /    5    !

        .                .                              

)+8B=% )+8B=9 )+8'B=% )+8'B=9

3):./5!..&($$$$)

Page 103: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 103/160

9

!"##$% :% )+8B-+,')#**$$=

%A

A

7A

%A

A

7A

%

%%A

%A

     7     :     L

     7     <     L

     :          L

     :          L

     :     %     L

     :     9     L

     :     !     L

     :     A     L

     :          L

     :     7     L

     :     :     L

     :     <     L

     <          L

     <          L

     <     %     L

     <     9     L

     <     !     L

     <     A     L

     <          L

     <     7     L

     <     :     L

     <     <     L

                    L

++

    &                

       .   +              

L

L

%L

9L

!L

AL

L

7L

:L

<L

L

             +                         0                     +   +                          K   G    F    1

=% =9 =% =9

3*:..++&($$$$)

D#'7!-*-$-$'#++8*$8+')B$#**$$'$=$%-=9$#**$$'$**#-$'++8$#**$$8#6$*,$#-*+$$+'*,-$#''+'$6='8+'$#''+'$+'*,-6=-*,$#-*+$$$+'*,-6'++**+#=&+'$+-+,'6$#''+'-#++''+*$$$#*$$*#'6+-+''-+''$#++++''*,$#''+'''+*$$$&++&-'8+')B

$#**$$'+8+,<AL**+$-'-+68#'"'+#-*$*=$$+8-+,'$#**$$'$$<AL

Page 104: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 104/160

!

!"##$% :9 ",'?&"*,)-$

%A

A

7A

%A

A

7A

%

%%A

%A

% ! : A % 9 A

7+01

    &                   

    .   +              

L

L

%L

9L

!L

AL

L

7L

:L

<L

L

             +                         0             

                           K   G    1

=% =9 =% =9

3;:.L!7+'

",'&*,$#-$$#$8#+,-+8+&8'H#6*$*,$#-$*$&,'6+&$+8-+,'+,'-$,+','&#-$"+$7L+8*$,,'&%$-!$/$D#'7A=,,'&*,$#-$$7$=%-:$=9

Page 105: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 105/160

Page 106: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 106/160

Page 107: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 107/160

7

!"##$% >%( .+

:% )B'8+'*,#+'+*$$

D#'7:$#'$'4$6$-+,''8+'*,#+'+*$$$-+*+#'$-2$)B$#'$*''-+#$',=)=+0*+8$#'$$+#'**8'+&*-+,'$-*$+8)B+0*+8$#'$?)*+8"*,)-#'-+,'-*$+

D'+$#'++8,&)B$-,--+&+$$(

• '4$6$$#'

• '4$6$-+,'

)'*+#'$8+'=-=$',*$

05+2--5%6'005+2--5%6'0

***'0

***'0

'0,*

'0,*

'0*37&-+-

'0*37&-+-

2'0-2'0-

+,+((378(9

+,+((378(9 !,:,+2;

 

(,(,:,(+2; 

+,---;/ !"#$ %

*,(,%;&' ;&,(:6+(*&-&&&  ,

**5;'' 

3>+.+-,

&+'/'''$+$*,-8+')B' - 

Page 108: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 108/160

:

!"##$% :%% +'$$-+-''=$+$

$+'++&&*$+$8'H#'''$+8+'*+'$$-+-/$-*$8*+'+8&+'?6#$-88'*+,'-H#6''$$#+#$6/&*#-'$-&+'8*+'$(

• B*+,'

• ++#+

• .F.$',**+,'

''$*,-&+'' - ''*#$&#''$'*,---$+''$D+';/'*+,''''$+-&6+''*+,'$-)BH#6$-)B

•  M4A-?*+4<A-?=%-#''''

•  M4%-?*+4<%-?=%-#''''

•  MA$*

D#'7<$+&$-$'#++8*+'$$-+-'''$+$=9*$+,'<<7L+8'''$+$'B=)"$+0+'6+8$',*$''*+'$$-+-'=$',*/$*$',*

&$$)#!

L

L

%L

9L

!L

AL

L

7L

:L

<L

L

            F        A    F    %            

        %    F        A    F    %            

        9    F        A    F    %            

        !    F        A    F    %            

        A    F        A    F    %            

            F        A    F    %            

        7    F        A    F    %            

        :    F        A    F    %            

        <    F        A    F    %            

    %        F        A    F    %            

    %        F        A    F    %            

    %    %    F        A    F    %            

    %    9    F        A    F    %            

    %    !    F        A    F    %            

    %    A    F        A    F    %            

    %        F        A    F    %            

    %    7    F        A    F    %            

    %    :    F        A    F    %            

    %    <    F        A    F    %            

    9        F        A    F    %            

    9        F        A    F    %            

            F            F    %            

        %    F            F    %            

        9    F            F    %            

        !    F            F    %            

        A    F            F    %            

            F            F    %            

        7    F            F    %            

        :    F            F    %            

        <    F            F    %            

            F            F    %            

            F            F    %            

%

!

:

%

)#8)IBBIIIBI=)I= )#8)IBBIIIBI=)I=

)#8)IBBIII.IBI@I= )#8)IBBIII.IBI@I=

LI)BII.IBI@I".. LI)BIIBI=)I"..

3A&$$)#!

Page 109: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 109/160

<

!"##$% :%9 +'$$-+-++$$

?8+'+'$$-+-*$'-"-$+**&''$+#'$+#'*$'-+'8*8+'+'$$-+-*+$'-8(

• "-$$++'+'0*$'H#$-#+

 $;*--/+'

% !"#$%!&' $;*--D#*+-$8'19

• )B$''+*-#'$*68+'=

• =-+.+'6$*=*+8#'+D#'?)+''$+$

D#':$+&$#!=9#+'+&''!"#$%!&'=/!&$++'#*&$$-+8;'++<A%!*+$$<7%L8+'=-:%%L8+'=+8'$+&6=$+&'!$*#$+8''+*-#'/-#'()-#+**6'H#$+'6./+'-#')8+'$'$+"$+#'+8'H#$$8+'=$#*+&'8+'=*#$,'+$$*$/$D#'7<

8*$'-/*+#'$*'*+*!'**,"- &*'-8'=;,F?),'8*+$*+-+'&"*'***,"- +'..D*'"'*%**,"- *+#'$

&$$)#++

L

L

%L

9L

!L

AL

L

7L

:L

<L

L

               F          A     F     %               

          %     F          A     F     %               

          9     F          A     F     %               

          !     F          A     F     %               

          A     F          A     F     %               

               F          A     F     %               

          7     F          A     F     %               

          :     F          A     F     %               

          <     F          A     F     %               

     %          F          A     F     %               

     %          F          A     F     %               

     %     %     F          A     F     %               

     %     9     F          A     F     %               

     %     !     F          A     F     %               

     %     A     F          A     F     %               

     %          F          A     F     %               

     %     7     F          A     F     %               

     %     :     F          A     F     %               

     %     <     F          A     F     %               

     9          F          A     F     %               

     9          F          A     F     %               

               F               F     %               

          %     F               F     %               

          9     F               F     %               

          !     F               F     %               

          A     F               F     %               

               F               F     %               

          7     F               F     %               

          :     F               F     %               

          <     F               F     %               

               F               F     %               

               F               F     %               

%

!

:

%

!

)III)"II)I= )III)"II)I=)I)"=II= )I)"=II=

>B&$$)#++

Page 110: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 110/160

!"##$% :%! )B$#'D#'=-)B)#**$$=

:%! )B$#'''$

;#*+'$$-+--#'+8+'*1)=))-?)-*+-$#''+*$$$,6(

!*#*&,-./#!!/#!&01/#!&

• /#!! M*+=%-#''''

• /#!& MA$*

*$+8+$#'*8+#-8+'6'$+/$#'$'$+-6=8(

• ='*,$/#!! )B$#'=+'$8+'+,!*#*& &-+&;'$$*$..D*+#'$&#--W

• +,!*#*& &-+&;'$8+''*,/#!! )B$#'=+'$

)B'+*-#'$*+$-'-+#$#**$$8#-&+**,-8'/#!! '+,--=$+'*,-**+,

*$!*#*& &-+&;'$)B*+#'$'+#--$$,-8+'+=;.,$#'-?),'8*+$

:%!% =9)B$#'D#'=-)B)#**$$=

D#':$+&$'!#2-#+..D-'8+'=9,''!#2$)A%3F8+'=-()F8+'='$+8+'+&'$#'8#''8+'=$*#$=$',*-+$+-?),'8*+-*?)-*+-8#'$+*+$-'-

,''8+'=9$H#$<!:L8+'=-:AAL8+'=

Page 111: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 111/160

!"##$%

&$$).+

%9

!

A

7

:

<

     A     F     7     F     %               

     A     F     :     F     %               

     A     F     <     F     %               

     A     F               F     %               

     A     F               F     %               

     A     F          %     F     %               

     A     F          9     F     %               

     A     F          !     F     %               

     A     F          A     F     %               

     A     F               F     %               

     A     F          7     F     %               

     A     F          :     F     %               

     A     F          <     F     %               

     A     F     %          F     %               

     A     F     %          F     %               

     A     F     %     %     F     %               

     A     F     %     9     F     %               

     A     F     %     !     F     %               

     A     F     %     A     F     %               

     A     F     %          F     %               

     A     F     %     7     F     %               

     A     F     %     :     F     %               

     A     F     %     <     F     %               

     A     F     9          F     %               

     A     F     9          F     %               

          F          F     %               

          F     %     F     %               

          F     9     F     %               

          F     !     F     %               

          F     A     F     %               

          F          F     %               

          F     7     F     %               

A

A

%

%A

9

9A

!

)IBBI"I=I". )IBBI"I=I". )IBBI"ID".I=I=

)IBBI"ID".I=I= )IBBI)I=I= )IBBI)I=I=

>$&$$).+

D#':%$+&$'2,-8+'=9,''2,-$A9L/&*"**'* $7L-"*"'*(%*%3%*'* $9AL'$*,6*$8#''$+-#+"*"'*(%*%3%*'* $$+8*+'+*+'#'2,-&-$*#$$':%A8+'+'6$$+)B8#'$-+$$*+$+'+,'+*+#'"*"'*(%*%3*'*" $,'#--$*=""=+*+''+'+*-#'$+#$-=*$

Page 112: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 112/160

%

!"##$%

&$$)

L

L

%L

9L

!L

AL

L

7L

            F        A    F    %            

        %    F        A    F    %            

        9    F        A    F    %            

        !    F        A    F    %            

        A    F        A    F    %            

            F        A    F    %            

        7    F        A    F    %            

        :    F        A    F    %            

        <    F        A    F    %            

    %        F        A    F    %            

    %        F        A    F    %            

    %    %    F        A    F    %            

    %    9    F        A    F    %            

    %    !    F        A    F    %            

    %    A    F        A    F    %            

    %        F        A    F    %            

    %    7    F        A    F    %            

    %    :    F        A    F    %            

    %    <    F        A    F    %            

    9        F        A    F    %            

    9        F        A    F    %            

            F            F    %            

        %    F            F    %            

        9    F            F    %            

        !    F            F    %            

        A    F            F    %            

            F            F    %            

        7    F            F    %            

        :    F            F    %            

        <    F            F    %            

            F            F    %            

            F            F    %            

)I)IBBI"..I= ="II"?.I>I)BBI=I=" )BID".I="I=

>(&$$)0!1

:%!9 =%)B$#'D#'=-)#**$$=&'''$

D#':9$+&$)B$#'D#'=-)B)#**$$=8+'=%)+'''$&''8+'--#'++''+-(

4%!6(  (4A-?+'MK4<A-?

 (4%-?+'MK4<%-?

#($+'MK$

%%A6E5#( /#!! (+'MK

/#!&+4 (:+'MK

9%4<5#(  (!-?+'MK-?

 5&!'(4<7-?+'MK4:A-?

2#(4%-?MK4-?

#''+-/*'$=)''-**'$+-*'$$++8)B$#'$#'+8$'-*+'$$-+-$#'$$$;*-$*''*''*+$$'+8#8B+&,'/'$$+

+*+'!#2)$%*F8+'=-$(%*F8+'=+,'/-'A*%$F8+'=->*%)F8+'=+,'$$;*-*#$''''-+$+*$$'6+'+,$#**$$'+88-$#1)*+=))==-?)=+6

Page 113: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 113/160

9

!"##$%

,'8*+**+--8#8-&*'!#2

2$**#-"$*+$H#*/$#**$$'8+')B$+#-+*-6''*$*)B'+*$$$+$'-8+'$#1)*$8+#-B+&,'/''''&+#-+'')B''&*&+#-'$#'-#*'+6+8-'+-*8"$*+#$+-'-'8+'&+#-;*-+'+,/$*6++$91+'-'*$

#''+-%/$+'1);#$#''+-*'$$'!#28+'=6+#L+!:L#-+$+$+*+=%L$$;*--#+$$+&-8+'+$#'1)+#'$-+,'86?)*$+8=D+'=/$*?),'8*+$+--/*$-++$+*+1)=))$#'$#**$$'

+'-'$+#-+*-$*)B'+*$$$+$'-8+'$#1)*$8+#-/$;-+,

#''+-9/*'$#1)=;.,'$+-8+'B-*$+$,'-1)=))$+'$#*1)***+$-'-$$#*-)B'+*$$*''-$'$#$*'$-'+6+8..D/$-*-6*'$+8'!#2+7%L8+'=-A!L8+'=)'+'$#$+,/'<!L8+'=-:!9L8+'=+,'$+88*-,+#=;.,+8'1)*$*+'$$'+6*#$1)=))$#'-6&+'''$$+#-++-+#8+'$#**$$8#)B$,$-*+'-+H#6+8'1)*8+'B$'+6+

8*+'*+'#$)B$#**$$+'8#''B+&,'/++'-/*'$+8)B$#'D#'=&+#-'+6*'$'+6+8-'+*$*$&+#-',''+8)B,+#"$*+$&''8+'8+'=-=$+#-**-++

Page 114: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 114/160

!

!"##$%

&($$.+

%

9

!

A

7

:

<

     A     F     7     F     %               

     A     F     :     F     %               

     A     F     <     F     %               

     A     F               F     %               

     A     F               F     %               

     A     F          %     F     %               

     A     F          9     F     %               

     A     F          !     F     %               

     A     F          A     F     %               

     A     F               F     %               

     A     F          7     F     %               

     A     F          :     F     %               

     A     F          <     F     %               

     A     F     %          F     %               

     A     F     %          F     %               

     A     F     %     %     F     %               

     A     F     %     9     F     %               

     A     F     %     !     F     %               

     A     F     %     A     F     %               

     A     F     %          F     %               

     A     F     %     7     F     %               

     A     F     %     :     F     %               

     A     F     %     <     F     %               

     A     F     9          F     %               

     A     F     9          F     %               

          F          F     %               

          F     %     F     %               

          F     9     F     %               

          F     !     F     %               

          F     A     F     %               

          F          F     %               

          F     7     F     %               

%

9

!

A

7

:

<

)IBBI"I=I". )IBBI"I=I". )IBBI"ID".I=I=

)IBBI"ID".I=I= )IBBI)I=I= )IBBI)I=I=

>)&($$.+

&($$5!<"'"

L

L

%L

9L

!L

AL

L

7L

:L

<L

     A     F     7     F          

     A     F     :     F          

     A     F     <     F          

     A     F               F          

     A     F               F          

     A     F          %     F          

     A     F          9     F          

     A     F          !     F          

     A     F          A     F          

     A     F               F          

     A     F          7     F          

     A     F          :     F          

     A     F          <     F          

     A     F     %          F          

     A     F     %          F          

     A     F     %     %     F          

     A     F     %     9     F          

     A     F     %     !     F          

     A     F     %     A     F          

     A     F     %          F          

     A     F     %     7     F          

     A     F     %     :     F          

     A     F     %     <     F          

     A     F     9          F          

     A     F     9          F          

          F          F          

          F     %     F          

          F     9     F          

          F     !     F          

          F     A     F          

          F          F          

          F     7     F          

="?I"ID".I)I= ="?I"ID".I)I3I=" ="?I"ID".I)I3I=

>*&($$5+

$ ( )

$ ( )

Page 115: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 115/160

A

!"##$% :%A D#''"*+$+'+,)B

$*++8)B+Q+*-$*'-'+,1)$#'$#**$$'-'-#*)B8#'$

+'+,1)$#'$#**$$'/'-#*..D*+#'$/"51+#'+"*$$',&-+'-'+*#-*$$'61)+#'$"I..$&&+'$)B$#''8+'*$+#-8'$-8-/-1)+#'$+#-',&-+'-'+-86+$$$$+#'$'+,$#**$$'+81)$#'&+#-$+'+,*-'+'/$*6+*$&#'+8)B"$

D'++$',++8*+#'$+=9-=%/8#''$+$8+')B'(

• ="$++;*#)B8+'="*"'*(%*%3%*'* 

• D#'$$8'+8'&)#"## +'')#")I)IBBI*#$I=

• +*+-'+$-#')B'"+'1)$-

+$$'$+$8+'="$+"+;*#)B8+'='(

=-+'$+#'**+$+'*

% =-+.)#F"--+8#'?)

9 D#'-#'=+*+''+'+*-#'*'''+$'+'691)/."$*=F)

! D#'-#'=+*+'$+#'*+*+'+*-#''?)

D'+$;'*/-$*'*6;$-="51/91/%1)-?)$'$+8+'*#$8#'-#'=+*+''+'+*-#'$$#$-+*+-#**+$$*6**+$$

"**'**,"- *+#'$#--&='*,$8#'$$6&)#"2+'6')#"2$$8'+-*#$$+N+8#'+**O+$$'$+$'(

6$**8#'$++$$6$**-*--+,'*+-

% '++*+''+'

9 '4="'++*+''+'

! $*8-

$+$',-$+8#'*$$'*#$-6'#'8#'$$+91&+'8'-+,'*+-+'**+'-'-

Page 116: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 116/160

!"##$%

6$$+-,-#8#'$*'+$'H#'-+-'-+&+$$'++*#$$

$#$-+*#'--86+'8#'*$$8+'8#''6$$

Page 117: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 117/160

7

!"##$% A% '"M""'"

A%$ 7

D+'$*'/*'$+#'**+#'$-6,$$*$8'+%%A%+%:A%'+**+#$$-#+8***#'-'+,8+''+-8'+!%+!!%"--+6+#'6,*'$+#'**+#'$+%%/%!-%AA%'$++*+$-'++#'6,*+#'$8+'+'-6$'+,

< $&"+'=*,-+&')$*$

"-;$+&$"3I=>I."))I,#$8+'&%"3I=>I."))I-*$#'*,-'8'*&*-+$+*''6'88*3'6+&,#$+&4:-?6-*8#6?)#$$#*$=/+'$$+8)&'$,#$+,4-?-*$,'6$+8'+$$#*$'8'*/B"8#$+'&'+*+$$+''$+8B"*'8'***+8'+;'$+#'*$/+''$+''*'8'*$-++'*$*$+&8&-?$+8,-#'*,-+&'-#+*'$-+$8#'+8*4-$'#-$6$+'8'+*'*,'$+8$$,+'*,$+#+$='$$*$+$+&*'$-'*,-#+$+&'

'44;*-"3I=>I."))I&*'$,'';+$&*$+$8++'++-*+-+$*'-#*#*+,'--+*$#8#'$-*-'+$

=%+$*$$+&6-6,'+8"3I=>I."))I?#+6*&+8:<A?)!$+&$,-,#$+,4<<-?'+#+#&%/8#''+'$"3I=>I."))I$+&$-6,'+8'+4<-?+4<:-?$'-6,'+$8'$-#+;''8'*8'++'+&+'$$#*$B)+'+'*'8'*8'+-0*"*$D#''6$$+8+++'-'+#$++-+*''-+#+-';**#$+8'#'*,-+&''&+*$++$$$+&,'66,#$

+87:?)!9$+&$,-"3I=>I."))I+,4-?&+&%/+&,'$,#$6$'+#-4<<-?'*$

-+J$+&"3I=>I."))I*+$$6+,4-?*-6+8&%$*$$+'+6;'*;''8'*#+$$;*:<A

'*$$#*$%A</<9-<97;'*-'8'*8+'8'$9+'!-6$+8&,*+8'+'$6$'8'*+*$$+&-+++&"3I=>I."))I

68&$$''+'-8+'"3I=>I."))I9-"3I=>I."))I!$+*$=%&%'$+$'+#$'++8'*,-#'8'*$*$=%','66+--

=9$$$+&6,'"3I=>I."))I;**+877-8&+'$$#*$9/999/9A/:%-<9!%*+877$+&$,-,#$+8'+#-4<A-?&*6**66,#$$-++'$B+&,'$$+**-+#+8-+#6'+#$++'+-+$+*+8'+*++*-$6$$#*$1)+'B)

Page 118: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 118/160

:

!"##$%

'*$$#*$9/999/9A/:%-<9!%;'*-'8'*+6

-6$8+-6$,*+8'+'$6$'8'*+*$$+&-+++&"3I=>I."))I

$+'''+*$*#$#**6',#$8+'"3I=>I."))I=9&%D#''+'+68&$$''+'-8+'"3I=>I."))I9-"3I=>I."))I!$+*$=9&%'$+$'+#$'++8'*,-#'8'*$*$=9','66+--

)+*$$+&'-6,'+"3I=>I."))I&,'++8'*,-#'8'*$*J$+'-'$'+';-&,'+

#''6';'#$$-?&*$$#88*)+$*$'*,#+$$$$#'$$*$$9'+';'V';+88$M-?'+*$$!'+$++$-#+$#+#8#*++8$/$#+#+-?$*+8#'+-'-+'++,'+#''+-+8#'8'*/8="?$#$-6*+,'$+'88*/&'0*--*$#8#'8'*+8'H#$--+,'$;'*'8'*/$+8-+,''H#$&+'--8$+#'***+,'$+$8$6+,/*&-'+$+#'**-#+'-+*#$

D#''+'/-+&?)+&'$#-'#Q-&+'-#+8*'88*&+'$'-+6,+*--+/&+'$6+--

''8&&+'$#'+&*'6+--+="$D+';/#$$=$%/*''$'+#-%A="?$8+',+**'-6&'$)D=&+''$#$$=*''$+="?$8+',+**'-6$&+'$&,';'$9-?'';'$+*'-6'+$#'''+,-*$#$#**$$'+-*-'+'+

+J$-$$+*+'+8#*+$,'6'+#$'8+'$';'9-?&+-$Q&+''8+'*6&61+;'*+--&+'$$+&-'6'+,-'8+'*

6$';'9-?&+-$Q&+''8+'*(

&+'$,'66+--

% +$$$''$---+&H#*6$$,+$',-&$*+'$+8-+,'

9 +J$-$$+*+'+8#*+$'+#$?8+''="?$--/-$$+*+'+'+0*$;*-#+$'$--+&+&''$-**$&'&*&*'$#*+'++-6+-';'-;''$*,6

! ,+8$#$-'88*+*$8$++''$+#'*$$#*$*J$-+&'$$$++&'+'#'8*$#$-+--*+-+/-+&$8*+'+#'

A ,'+-*+'+*$+8+J$="$*'+8$8#*++8=",$#$-+--*+-+

Page 119: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 119/160

<

!"##$% <% +&88**6

&6+$#'-+&*88**6$+$#'$'+##'&$F-2$*-'+##+&''+$$**#-6-,-,'+*'+##6,'+*'$$$++&';*#-*++*+&'$$+&$+&88*6*+&'$#$-$+$$+&88**$8*'8'*+'$'*'

$'+##+&''+2$,'6#$8#&&+'$,'6#*+---+Q**6+8&+'*$&+''*#''664+--'8+'$,+--6*+*#$+$-+*88**6**#+$

6$$/'88*-*'$+#'**+#'-8'+%%A%+%:A%'#$-##,,'+8'+##-+&'+,'$'+-$*+$-'-$&,+#'-+8#*#+$D#''+'/,'$+*+$-'++68'$'88**$74-6'+-,'$*+$$-+8#$6+#','*#$$$#+$+&88**$+&88*6+-+''88**+-+

'+##+&''+2+-8'+*+#'$$*$$8#+6',6*+'*88**6+*$6$$*+$-'$+6*$$,'+&''$+8+,*='$,$-+'+##+&''++&''$/+&'*88**6$

**#-'+##+&''+$,+*$&','+&'$+,"-;78+'+=$%-=9

Page 120: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 120/160

%

!"##$% A%(

<% ="B.+-

="B'+-$-8-+L×Z"3I="BI."[F

="BII[FZ9;[-="B$$.+-$-8-+L×Z"3I="BII)1)F="BII[

'$#$,''*+8="B'$+$-="B$$$+$'+$',-$#$-'$*,6"3I="BI."-"3I="BII)1)*+#'$'$-#+$'-+8'$#''+-*#''+++&$#$+8$="B'-$$$*'*+--#+!="B'$#'$-$$+*-

$$*Q+*+-$91)%A%!$*8$''A**$$$+$'%$W$$;##'+8="B'$*'*,-&$'-+8'$98*+'+8'&2**#+$'$#+8+J$'''$++8*+#',#+-?$-$="B'+-$#'$+=,'6="B+--*+'+-6*6,'6%$

B+&,'+=$9-=%-6,'+8="B+-$+$L*$1,8*'88*$+&-#'+8'*,="B'$9'$$#-'$-="B+-$6+&

,="B**6"$$+#&,'+*

<%% )B.+-

+)B+-$-8-+"3I)BIIBI."F)BI."II*#''+++&$*+8#'++8#+&+)4B8$)4B$*+8#'-*$#$B-&+D"B'$+'*$)'D"B'$+'*$''H#'-8+'*+'+-#$'-8&+)4B'*+8#'-8'$*$#$&+D"B'$+'*$&$*+-*$#$B'$+'*

8$)B$*+8#'-$2$*+*8&+)4

B'*+8#'-$2$*+)4B*$#B'$+'*$26#$-+-86*$&*''+*';#)4B*6$26#$-$''8+'**6#'-'+*$$"$+'$#''+-$'H#'-+',,'+#$+-

)B$,'6+&*$+8+=$$-6,'+-&$%%AL*=%$*+''$+--6$+#'6,'+-&$9AL/$&$$+-*$+'6-6,'+-$$$L*$+++=$&'$+#'6,+'-6,

<%9 B.+-

B+-$**#-6-,-'+##6;#'+##&*$:$'+##$**#-+"11III"II=1V"11III"I=I=1T:F9T%!==*+#'$"11III"II=1-"11III"I=I=1''--6,$$$:$

Page 121: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 121/160

%

!"##$%

-6,'B+-$9L=%-%L=9$,#$'

H#+&$#$$8*+.+*+"'."*-8-+*+$$8&='$$&'+,*$#8#'$$++8=+'-'*$

Page 122: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 122/160

%%

!"##$% $B% "#&"

$B%$ ++

8++&6$$$$-+.!%4%!%-6*+#'$

D#':A-D#':$+&-6'8+'*8+')'*,-*'+#-$',*$+=9-=%*'$+&,'*++'8+')'*,-*'+#-/6''+;6<7:L/<::L8+'=9-<7!!L/<:%%L8+'=%$-'+'$',',+**-'+'-+8#'8+'+$',$$$&*$'-+.$6*8#')#'6$#$*''$+$$,+*$',*$*)-'+'$$#0*-+'8#*#+

%

!

:

%

  %      

    !    

  %      

    !    %

  %      

    !    9

  %      

    !    !

  %      

    !    A

  %      

    !    

  %      

    !    7

  %      

    !    :

  %      

    !    <

  %      

    !    

  %      

    !    

  %      

    !    %

  %      

    !    9

  %      

    !    !

  %      

    !    A

  %      

    !    

  %      

    !    7

  %      

    !    :

  %      

    !    <

  %      

    !  %  

  %      

    !  %  

  %      

    !  %  %

  %      

    !  %  9

A

A

%

%A

9

9A

="?I)I"I)I ="?I)I"I)I?21 ="?I)I)I=I)I

="?I)II++ ="?I)I)I=I)I?21 ="?I)I?21I++

>;&$$).+

%

!

:

%

  %      

    !    

  %      

    !    %

  %      

    !    9

  %      

    !    !

  %      

    !    A

  %      

    !    

  %      

    !    7

  %      

    !    :

  %      

    !    <

  %      

    !    

  %      

    !    

  %      

    !    %

  %      

    !    9

  %      

    !    !

  %      

    !    A

  %      

    !    

  %      

    !    7

  %      

    !    :

  %      

    !    <

  %      

    !  %  

  %      

    !  %  

  %      

    !  %  %

  %      

    !  %  9

A

A

%

%A

9

9A

!

!A

A

="?I)I"I)I ="?I)I"I)I?21 ="?I)I)I=I)I

="?I)II++ ="?I)I)I=I)I?21 ="?I)I?21I++

>=&($$.+

Page 123: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 123/160

Page 124: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 124/160

%!

!"##$%

==$'$8'$++8=*)*-#'8#*+$="IB$+

-*#'','$+*#''*+#'$--==$*$$+&-$D#':</D#'<

>A#+

A

A

%

%A

9

9A

!

!A

A

+# !:9% %AA<< 977<A AA< A77 9 %!:%9 A%!

..IBI

I..ID"

B

..ID"BI 

I..I

B

..ID"BI 

..IBI

"

..ID"BI 

..IBI

..ID"BI 

I="I

B

"I"I=

@ID=I.

I..I 

BII

)I)I.)

="?I)I

I)I

=

="?I)I

I)I?"

21

AB#&'

Page 125: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 125/160

%A

!"##$% $B%)

"$+-'A==+*+*+'8+'*/==$$*#$-+$+*+''$+-+)$',*6**#'6D+'+$+8$/$#*$2"/)$',*==$$*#$$N'$'+O==$$$+&$'-+8-+6$'8+'*D'+==$#8#'-#+'-+*#$('$'+/$$#$-B*F+$'-*+$6&.$6*$#8#/D#'<$8-''$-+8#'+8)$+#*-88'*++'="?$',*$

A$"EE.+0&($$1

"8'$$#==*+*+$#**$$8#6/)="?'H#$-$#$;$$$+&D#'<%

A(5+

+'&,+**="?$#8#'/)="?$#8#'-$'#+$

-88'+$+#$-$)="?$#8#'-#+'$$$+-8#*#$$8*6W$D#'<9-D#'<!'$+$)$',**+$#$++8="**6*#-.+&'/*+-'$+#'*-#'$$$+?#$-+-6&+'++'-',+#$+Q++$',+/)$',*$'+;6$-+*+$--&*$$+*'*'$*$+8

Page 126: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 126/160

%

!"##$%

)$',*"$/'8*$+8#'$$$+**68'$

6$#--,8+'')$',*

A

A

%

%A

9

9A

!

!A

A

  =  "  ?I 

  )     I 

  D  "    .I 

    )I    3  

      I 

  "  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I    3  

      I 

  ?   

  =  "  ?I 

  )     I 

  D  "    .I 

    )I    3  

      I      =

  "    )

  =  "  ?I 

  )     I 

  D  "    .I 

    )I    3  

      I 

  =    

  =  "  ?I 

  )     I 

  D  "    .I 

    )I    3  

      I 

  D  =    C

  ?

  =  "  ?I 

  )     I 

  D  "    .I 

    )I          

  =I   "

  =  "  ?I 

  )     I 

  D  "    .I 

    )I          

  =I      =

  "  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I          

  =I   =  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I          

  =I   "  

  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I          

  =I   D  =

    C  ?

  =  "  ?I 

  )     I 

  D  "    .I 

    )I   ?  "  

  2  1I   "  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I   ?  "  

  2  1I      =

  "  

  =  "  ?I 

  )     I 

  D  "    .I 

    )I   ?  "  

  2  1I   =    

  =  "  ?I 

  )     I 

  D  "    .I 

    )I   ?  "  

  2  1I   "    

  =  "  ?I 

  )     I 

  D  "    .I 

    )I   ?  "  

  2  1I   D  =  

  C  ?  )

A)5

A

A

%

%A

9

% 9 ! A 7 : < % 9 ! A 7 : < % % %%

="?I)ID".I)I=I"8)# ="?I)ID".I)I=I=")8)# ="?I)ID".I)I=I=8)#

="?I)ID".I)I=I"B8)# ="?I)ID".I)I=ID=C?)8)# ="?I)ID".I)I?"21I"8)#

="?I)ID".I)I?"21I=")8)# ="?I)ID".I)I?"21I=8)# ="?I)ID".I)I?"21I"B8)#

="?I)ID".I)I?"21ID=C?)8)#

A*5

"**+'-+)B'H#$'0*+*#$-$'#+/D#'<A/.'-+'$+#'*'0*)#*+'*+'+.'-+'$+#'*?*#$)$',*$'+;6$-#$$+*+$/-6;+&'*+#'$'+++--*++$+&B'H#$'0*+/+;*$J'88**+#'$+#-

Page 127: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 127/160

%7

!"##$%

8+*#$+++'-)'88*"--+B--"/$*+-*'''-+6/

;')&+#-$+#++***68+'B'0**$$

%

!

:

%

!

:

)'$ :9:7 A!A !7! 9<:9A

=@I)I="I=5I 

.I)=

=@I)I="I=5I 

.I)=

=@I)I?"21I=5I 

.I)=

=@I)I?"21I=5I 

.I)=

A;I9+

+*')-'+'/O)O$="?**$$8#'-N=-+O$*#$$8+'="?*,8#'$$'&"=$',*$#$

L

L

%L

9L

!L

AL

L

7L

  =  "  ?I 

  "    I 

  D  "    .I 

    )I     )

  =  "  ?I 

  "    I 

  D  "    .I 

    )I   =    

  =  "  ?I 

  "     I 

  D  "    .I 

    )I     

  =  "  ?I 

  "     I 

  D  "    .I 

    )I   =  "  

    

  =  "  ?I 

  "     I 

  D  "    .I 

    )I   ?     )

  =  "  ?I 

  "     I 

  D  "    .I 

    )I       =

  =  "  ?I 

  "     I 

  D  "    .I 

    )I   I     B

  2

  =  "  ?I 

  "     I 

  D  "    .I 

    )I   =    

A

A

%

%A

9

9A

)'*, )?*'+#- )'*,L )?*'+#-L

Page 128: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 128/160

%:

!"##$% $$% '"!5'!&&"#&"

$$%$ '"!&$$)&($$

%9$+&$$+86$-#8*#''$$#'-+=9-=%+,'A4+#''+-!%A(4%('6-+6$+:/&***+#$8+''+;6%L+8$$$#'-;$8*6$KL'$+&-D#'<-D#'<7'$*,66$-$'#+$+8=9-=%'$'+$6

#6& #.+  

+: ++'+'+

2: )+6'*$$+++#*+$"?63+'/)&-

+74 ++'+'+<9)B )'*+#*+$+8#'+.-

C: )+6'*$$+++#*+$"?63+'/)&-

)1B4C9: )$#2+'?+;A/16+4+

<-<* )+6'*$$+++#*+$"?63+'/)&-

+<4 ++'+'+

!4!!5 ++'+*

2 )+6'*$$+++#*+$"?63+'/)&-

3: )+6'*$$+++#*+$"?63+'/)&-

79)B )'+'+'+

!4!! ++'+*

49 )'+'+'+

::D .1*'+*$*2+&'D: C+'+'+?+=-

CD:: C+'+'+?+=-

B*+#'+'%9B$B#=-

!4!!1 ++'+*

)1B4C9 )$##'+@".

!4!!D%% ++'+*

B: "+++.-

:9>+'3:95 +$8+'+)6$$2.-

)<%+'3<%5 +$8+'+)6$$2.-

79)B8 )'*+#*+$+8#'+.-

+9 ++'+'+

!4!!2 ++'+*?@): ?@+'+'+A7)=-

+7 ++'+'+

+%: ++'+'+

!4!! ++'+*

B: "+++.-

:: .1*'+*$*2+&'

1+'+'91 +'+4++#*+$

)1B4C9: )$#2+'?+;A/16+4+

!4!!% ++'+*

3 )+6'*$$+++#*+$"?63+'/)&-

B#& B#&*++$+.-

)1B4CA3 )$#2+'?+;A/16+4+:A .1*'+*$*2+&'

B#&A% B#&*++$+.-

!()!/#&$$)C&($$'"!

Page 129: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 129/160

%<

!"##$%

A=&$$)'"!0N$F1

A3&($$'"!0N$F1

"**+'-+6-$'#+/'$',*'+$'$8++&/

D#'<:-D#'<<'$#$*#-"=/-)$',*'*$-+==*+*+$#*#$'6,'$',*'+8+'"=/-)=9-=%'(=9:L/9%L/9%%LW=%7!%L/!L/%AL'$'88*+--88'*&&+=$

Page 130: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 130/160

9

!"##$%

A>&$$)'"+

AA&($$'"+

Page 131: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 131/160

9

!"##$% $$%( '"!&$$)&($$

B*F++8==*+*+$#'H#$$$**#-D-D$$$+&D#'-D#'=9'$#$$6'=%)-$*-'8'**+'+$$+*+''++&'-$*+/$D#'%

$BB&$$)'""+-&%

$B$&($$'""+-&%

Page 132: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 132/160

9%

!"##$%

$B(&$$)&($$+

?$-+,&+'=D*+-+/6'8+'*$*'+$$'8'*-+*$',*6"$==$#-**$$'8+'**'+-/==**$$8'-+$+$',8#'*#$"-'+$&==**$$8'-+'8+'*-*F+$$+&D#'9-D#'!?+=$==**$$'8+'*$,'6-&*F+$++'*'',*+*#$+==**$$8'-+$-#+++'=DH#6B*F+/&*'$#$$6*'+Q+8#'

)+6$==**$$8'-+$-,+#*F+$++-+'+,'6-*+'&+:D#'A-D#'$+&--8+'+

$B)&$$)++"+-&

Page 133: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 133/160

99

!"##$%

$B*&($$++"+-&

$B;'"!++++"+-&0&$$)1

!(*'"!.

Page 134: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 134/160

9!

!"##$%

$B='"!++++"+-&0&($$1

!(;'"!.

)'6+==**$$8'-+/==**$$8)'8+'*$$8#'-++B*F+$++-4%-?Y4%A-?/==**$$8)'+$$--++'+,&B*F+'+,$--'+$&==**$$8)'8+'*-*F+$$+&$D#'7-D#':

)+6==**$$8)$+++-*+'&+:D#'<-D#'$+&--8+'+

Page 135: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 135/160

9A

!"##$%

$B3&$$)++#"+-&

$B>&($$++#"+-&

$BA'"!++++"+-&0&$$)1

!(='"!.

Page 136: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 136/160

9

!"##$%

$$B'"!++++"+-&0&($$1

!(3'"!.

D#'/D#'9/D#'A/"O.++.%/D#'!-D#'$+&'++8$8+'*'-+''6$$#'-+=9-=%+,'4+#''+-!!%!(Y%('+*'8+'*$+8"=-''++$*+'-&+'6$

Page 137: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 137/160

97

!"##$%

$$$&$$)<+.+'"!

$$(&($$<+.+'"!

Page 138: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 138/160

Page 139: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 139/160

9<

!"##$%

$$;&$$).+'"!

$$=&($$.+'"!

Page 140: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 140/160

!

!"##$% $(% #"!'!#"

$(%$ !

D#'7$+&$.6'9-")+"**$$)'#$8+')*8#'$$#$==*+*+$$$-"*#*)#$8'+$-==*+*+'H#$+$-+*"*+&-$$$#'*$#$$#$#+$#'#+"'$$'+'-*-'6+*"*+&-$$+*#$'$$&'-

$$3)&0&++1.+

$#$-+-'8+'*-*+'%:$+&$+)/+-*$#$$*'$#$$-+,+*$*$'

$ ==) =?) )

4K) !! <<9 A%

4K !!! <<9 7!

4K !A7 7% 97<

!(><+!

Page 141: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 141/160

!

!"##$%

'6$+8*$#=9-=%'-*-

"*$#+8-

% *$#+6

9 *$#+6

'$+&D#':/D#'</D#'%/D#'%/D#'%%/D#'%9

,+#$6/+)*$#$$+''+*#$'$+?'6=D'+*-#'"-+-+'+$#**+'&*$#+6

$$>&$$)!

Page 142: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 142/160

!%

!"##$%

$$A&$$)#!

$(B&$$)#!!

Page 143: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 143/160

!9

!"##$%

$($&($$!

$((&($$#!

Page 144: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 144/160

!!

!"##$%

$()&($$#!!

Page 145: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 145/160

!A

!"##$% $(%( !

=D*+-+&**$#D#'%!/D#'%A/D#'%/D#'%7/%</9/9/9%$+&88*+,+#$6=D$++'/'&+'$+8-+,'$'+*-#'-=.6'''$$$+/&*&$+-;-$*$#--$*'+$6$$$$D#'%:-D#'%<

$(*&$$)<+!"+-&

*F+-? 47Y4 4<AY4% 47Y4%

)# !%:< 9!7 9A:

$'#+ A9L ::!7L L

!(A&$$)<+!

Page 146: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 146/160

!

!"##$%

$(;&$$)'!"+-&

*F+-? 4:Y4 4<AY4%A 4:Y4%A

)# :A 7!%A 7A7

$'#+ %7AL : 7%AL L

!)B&$$)'!

Page 147: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 147/160

!7

!"##$%

$(=&($$<+!"+-&

*F+-? 4:AY4 4<AY4% 4:AY4%)# !99< 9! 9A%!

$'#+ %%:L :77%L L

!)$&($$<+!

Page 148: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 148/160

!:

!"##$%

$(3&($$'!"+-&

*F+-? 4%Y4 4<AY4%A 4%Y4%A)# :97! 77 7:

$'#+ %9L :7:7L L

!)(&($$'!

$(>#!7

Page 149: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 149/160

!<

!"##$%

$(A#!7

Page 150: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 150/160

A

!"##$%

$(%) !7#

1)+-+)-4+-*-+'+8+'*$$$+'-'+89A$*+-$D#''&*#''-&$$-'88**8+'*$*#6*+*-6*)#$'8+'+'-'!+!A$*+-$+*+*"*+&-$$

Page 151: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 151/160

A

!"##$% $)% 5"&#,!/#<5"""&"

$*'$*''6+#+,'%:*+#'$+8!+'+'$"-$*+*-$-'-$--',$")''+,$+-+9:!$F$-)''+,$+-+$+$$@+)--+*+'+'J$+'$#$*'+'+8

D+' ,+* $',*/ $+&- ,' + ++- ,+* $',* '8+'* $#' +*+$ '- + ' ,+* $',*$/ $ $'*#'6'#3+*$',***$$6-'6$+&-++-+;*$-'-/$D#'9#++&'88*.-'*+/$++8 $ ) + .W &'$ . $ ,' *+' + + '8'*/ $D#'9

$)BC

Page 152: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 152/160

Page 153: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 153/160

A9

!"##$%

$)(##"(".+

Page 154: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 154/160

A!

!"##$% $*% &'&

$*%$ ++.+

+=%-=9/-+8#''$+$-#+'-+=**$$$$-*$$6*'+Q+8#'**$$$**+#$8+''+#-:Y<L+8+==$'-6$'*+--+$#-6$#**$$'8'+*+'&+'++8,&+#-'$-8)B+&'$-H#'&$)B+&'+Q+*+#-*''-+#+$8'+,$$8#''$+$+$6*8#'*8#'''-#*-

=%/$*+--+8#''$+$==**$$8#'$-#+)8*$+$6+6+1-*$$'*#'1%7

'8+'*$-'--"8#'''+#$++$'*+--

=9/$*+--+8#''$+$-#+-$$+*+'+$$-#+8*&+*$$7!7-7!7%,';'$!-?+$+8*$,';'$+-?$$++#+-'+&'+';'+89-?$'*+--+==$#8#'$-#+-$$+*+'+$&+6&6*#$'+$$-$$+*+'+8#*++="$'''+#$

"==*+*+$#8#'-#+=$+'#$#=98*$8#'*+$8'++6+1%$#$$$1+'+$-'--D#'''+#$++$*$$'6

'8#'*#$$$#*$==$#8#'$-#+?)+''$$$+-==**$$8#'$-#+=','6+&

$*%( 5++.+

="?$#-**$$$#**$$'+8+'),+*$+,<<AL+=%-=9$$#**$$'+8+'$+,<<L=%-+,<L=9;*+-6="?$#-**$$$$#**$$'+8+')'*,-*'+#-'88**$$'+,<:L=%-+,<L=9-#'$'+-'-+8#''$+8+')$',*$$="?**$$8#'-#+)$'''P"*,+88$J$$$&*$H#8+'$-+)=?9$$$#*$$'6'++$="?$#'+*-#'#$',6+''+*$$$#*$+8-,+'*''-+#-#'$D'+=)=%19+&'-$/P"*,+88$J*'-#*-#+7$-$&'-#*="?**$$8#'$-#+)"+Q++8"+,''+8,#$8'+$+9$$'*+--+*''-+#+8-+#,#

"+'+*8#'*#$8+')$',*$,+*-$="?$#8#'-#+-$$+*+'+$$-#+8*';'$$$#88*6-?$'*+--';'+$9-?

'$,'6$+#+8+*$$L8+',+*-B'H#$$-#+-';'?)-'$$$+'$+#'*$+*#$-+*$+8'

*$+8)'*,-*'+#-*$$'88*/="?$#8#'-#+'$$$+$'+=9?).*+'#$+$+8'$$$+$#8#'$''$++8$#*8#'$+$',-=%$+

Page 155: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 155/160

AA

!"##$%

1,8*#-'-+&$$%:$/$

'*+--#'8*$+#**6$+#'8*$++*$*'+,*88**6$+

+'-'+,8'+*++8*$+#$'$/'*#'6$./8#'+8*$*-#'''#+'*#$-+*+'+;#+*-8+'+=B$6'-#*="?$#8#'$-#+'$$$+8$$*#$+8*+*''*#'$

''="?$#8#'$-#+*+'=%/-=9$$+8$#-'$++-&+')=)'+*+$$#+'-8+')$',*$#+8+')$',*$$*#$$8#'$-#+*+'$*'+$&$++)*=-*$*+'-+)=&*$+'=

+8$',*--+8$)*/$+)*-'H#$$="?+)=&*&+$#+'--#+*+'$8#'$''-$$#+'#="?$+'-'+*+'+$6+88#'$$#+'8+')=)'+*+8+')$',*$$+$+-

$*%) <+5.++

#$$-6+8&/=%--'+#-%A),+*="?$-=9/'+#-),+*="?$$#**$$8#6"-),+*-'+'+$'$$L+$+8-6$-#''+-

),+*="?*,8#'-#+'-+$'-++=$$8#'6$

::L=%-7:L=99+8+*,),+*="?$*+'#++88#'$-#+=$+'$8*=9-+#+7L+8+8#'$B+&,'$*+'#+$+6!L=%

+'-'+8#'$-#+'-+/+Q++8$+8-+,'''$#*$--+&-+&/--+/-'+&-+&--'+***''-+#D#''+''$6$-+,'''+Q++'''*#$$$#*$*F+-'$$$++&'*$+'+,="?-'+'8+',+*)';'+9-?*$+'+,*-'+'+

",'="?+-8+'),+*$'+#-%#$-,'&-'+$$+,'$$'$+6++-8+',,'="?+-+8%

#$

$*%* 0'15.++

="?*,8#''$$$AL6-6$;*++'&+-6$6="?$'H#+&=,/8&#-'-$$$-#'+8$$',$--6$$8#'*#$'-+&8+'$+$6="?*,8#'-#+'-+

$*%; ..+

=,$+8#$$+8'-+,'+,'-$!7L=%-/!L=9=,$'+'+'$$68#'$B+&,''+#-AL+8*$+=$,$+8-$+8'-+,'+,'-+,'AL

Page 156: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 156/160

A

!"##$%

+++&+,'-+&%L-+++,'-+,'7L*,$+,'6

6$+*'-#**#Q+88**6-'8+'*$+$$$+$+-*$$#*$-++'*$+,,'6+&$+8-+,'+,'-"*+++8/-$+8-+,'''+Q++#-++'*$,,'6+&-,'6$+8-+,'+,'-*'+,$+8-+,'+,'-&+#*+'+$&+'H#6-#Q+88**6

"+$AL+8*$=%-%AL+8*$=9,$+8-+,'$#**$$'$$<AL

"'+#-7L+8*$+=$,,'&*,$##-&%$-$

$*%= 7

"+$*$;*8&$+&6-6,'+8"3I=>I."))I&+=$=%$+*:<A-=9$+*77/,$+&'"3I=>I."))I+,4<<-?8+'&+&+8%D#'',$++8+++'-'+#$++6*$$'6++&'-+&';+$8++'/8'H#'--++'*$6;,-';+$8++'+'--++$8#'+8-$'#-$6$$',-6*

*$-%A</<9-<97=%-*$9/999/9A/:%-<9!%=9$+&-';*-"3I=>I."))I+$+-6$

6*8#''6Q-+$8''$+,''+-+8

''+68&$$"3I=>I."))I9-"3I=>I."))I!8+'*$+8=%-=9$8**$6+--,8&+**#''*$+8$$*88*+,'&+'H#6+8$#--'+'+$'8+'$-,$+*'$';'+9-?$&$+$#''*#Q+$-+&+&'$$#88*6,

8++&''$$*'+,'8+'*+8*$'$#88'';+$-+$$$

';'+*-8'+-?+9-?

';+$;#"$+#8'+%-?++%AA

$'*+--$''$+'+-+#*$$+$$$''-+-'$''+$'$&-+&&**++-'$$$#$'-#*-$$+*+'+'0*+$'''&+&#+4#+&+'&+#*+';+$8++'

$*%3

"*++6$+,'&6#**6="B*8+''-+**$$'+*-#''8+'="B**6$,'*+*'$*+#'$$+&$L+-

6,'+8)B+-$H#+&*,-+$6+&L

6,B+-$'+#-9L+'$$*$+8+=$$$+'+='$**+-++*+')++'+'$&+'+

Page 157: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 157/160

A7

!"##$%

*#$+'$'*+$-'+'8&='$+++*+'+'+,

*$#'8+'*

?8$+8*+#='$+."F="'(

• +'-#*#'+8$-#+."#-$-="#-$=$'+$

• )+$$#*$)$#+-$,-*$$'8+'*."+'-'$$6$+$+$$*$&*+."+'="#-=-#*."F="#-$&,+-$6+88#'$=+'-'$++$+*+'

'$$+$+''+-+8-#'&**+-&*+."+'="#-/-#''+-&$*-+*++-88'."+'="#$+6'8+'-*+''$+-#-+8+'&+''-='$+$."*'-#*#'+8$#*$*$$**+#'

$*%> .+

,'.%-6$$$**=9-=%/$+&)'88*$#="?-88'*+)')'88*+&$+,'6'-$6$''8-#''+-!$$).'/++'-8+'./$%:$-9:!$$*&+'''$$-$#$''$J

@+)'+8$

D+')="?$#$/-+8#''$+$-#+'$$$+/,'+8+#:L*#''0+'6#'$$$+'$+#'**+8#'+$'+-?&*$+$$'8+'*8$*+,')+$+$D'+)B'H#$'8+'*++8,&/.'0*$'$+/$.+&'$+'*++*+'&.'8'**#$+8)$',*$'-$$',+**+',-+*-*)*-+'.*+-+&'+'-'+'+,="?$#'8+'*/#-"**6;$+$*$$'6

D+')-'+'/-+8#''$+$-#+'-+$8#'6$AAAL

8+''*,*$$-9!:!L8+'*'+#-*$$+8+*,)="?$?$-$+Q+*+$$+-)*'$+8#'$-#+'-+/&*+Q)'-="''$/"+&-?=.-;?=.)=6.*-.'**+'-+.+&''$+#'*/&*$&*$"+&-?=.$'+'-'+)*$&.+&'$8*+'*+=".&D;'-8#'*$#+'?'#'-8$#88*'$+#'*$$,&).'#'-+'8;

$*%A '".+

?$-+#$$A+#'$=,$#'66$$/'$#$$+&'

'6-$+86$/+'!6$?#+6$-++':L6&*@+$8*6?$-$/+'$'+,'6+#'/6'$6$+'-,+-6+$',-+'D'+=D++8,&/+$+8$'8+'''&&+'?#$+6$J'8+'*$+,'6&,&=D$++-+#D+'#6/6

Page 158: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 158/160

A:

!"##$%

+6''$$'+8'88*91*+'*8$$'*-++8

&+',-+'$/+'+'$/$&$&,-+'$/&+$'8+'*6+,'6&+'&+J-**+'-+$*8*+$*+6

$*''+-#*$$',*'+'6'$',*8+'"=/-)8##'/'&+'-$+86$&B)"*+$=A$&&'+;$&+'/+'+#$+#-'8+'++'+'+#-'$-$'8+'*

$*%$B +

)#&+'$6*6'+#-A$*+-$+'6*1)&+'#$*+')+''-=D+$+6

+$$+'-#*$8$$--*$$'6/8+';(*+*-+-'$/*+$$/"'$$+--*6+'-+,'+&''-8-$,++'''-+,'+-+'*$#"-6$$$#$$'&$*+''+&.H#6++

Page 159: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 159/160

Page 160: TWM GAP V1[1].0

8/9/2019 TWM GAP V1[1].0

http://slidepdf.com/reader/full/twm-gap-v110 160/160

!"##$% ($% "&83

.*88**6

((% "&8>

?*'-',$#