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ET Q q 0 0 0 rg BT 167.19 126.40 Td (changing ) Tj ET Q q 0 0 0 rg BT 206.89 126.40 Td (environment ) Tj ET Q q 0 0 0 rg BT 260.48 126.40 Td (for ) Tj ET Q q 0 0 0 rg BT 275.18 126.40 Td (content; ) Tj ET Q q 0 0 0 rg BT 310.44 126.40 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 327.93 126.40 Td (future ) Tj ET Q q 0 0 0 rg BT 354.85 126.40 Td (general ) Tj ET Q q 0 0 0 rg BT 387.32 126.40 Td (economic ) Tj ET Q q 0 0 0 rg BT 429.24 126.40 Td (and ) Tj ET Q q 0 0 0 rg BT 446.72 126.40 Td (market ) Tj ET Q q 0 0 0 rg BT 477.53 126.40 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 524.74 126.40 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 69.46 114.40 Td (and ) Tj ET Q q 0 0 0 rg BT 86.64 114.40 Td (equity ) Tj ET Q q 0 0 0 rg BT 114.37 114.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 143.76 114.40 Td (markets; ) Tj ET Q q 0 0 0 rg BT 180.94 114.40 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 195.34 114.40 Td (the ) Tj ET Q q 0 0 0 rg BT 210.30 114.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 240.25 114.40 Td (of ) Tj ET Q q 0 0 0 rg BT 251.32 114.40 Td (increasing ) Tj ET Q q 0 0 0 rg BT 295.15 114.40 Td (competition ) Tj ET Q q 0 0 0 rg BT 345.66 114.40 Td (on ) Tj ET Q q 0 0 0 rg BT 358.40 114.40 Td (the ) Tj ET Q q 0 0 0 rg BT 373.36 114.40 Td (Company; ) Tj ET Q q 0 0 0 rg BT 417.77 114.40 Td (and ) Tj ET Q q 0 0 0 rg BT 434.95 114.40 Td (\(vi\) ) Tj ET Q q 0 0 0 rg BT 452.13 114.40 Td (changes ) Tj ET Q q 0 0 0 rg BT 487.07 114.40 Td (to ) Tj ET Q q 0 0 0 rg BT 497.59 114.40 Td (the ) Tj ET Q q 0 0 0 rg BT 512.55 114.40 Td (industry ) Tj ET Q q 0 0 0 rg BT 548.07 114.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 102.40 Td (changes ) Tj ET Q q 0 0 0 rg BT 84.70 102.40 Td (in ) Tj ET Q q 0 0 0 rg BT 95.46 102.40 Td (laws ) Tj ET Q q 0 0 0 rg BT 116.78 102.40 Td (and ) Tj ET Q q 0 0 0 rg BT 134.21 102.40 Td (regulations ) Tj ET Q q 0 0 0 rg BT 181.63 102.40 Td (related ) Tj ET Q q 0 0 0 rg BT 211.82 102.40 Td (to ) Tj ET Q q 0 0 0 rg BT 222.59 102.40 Td (the ) Tj ET Q q 0 0 0 rg BT 237.79 102.40 Td (industry) Tj ET Q q 0 0 0 rg BT 269.92 102.40 Td (. ) Tj ET Q q 0 0 0 rg BT 274.75 102.40 Td (Although ) Tj ET Q q 0 0 0 rg BT 315.52 102.40 Td (the ) Tj ET Q q 0 0 0 rg BT 330.72 102.40 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 399.25 102.40 Td (statements ) Tj ET Q q 0 0 0 rg BT 444.45 102.40 Td (contained ) Tj ET Q q 0 0 0 rg BT 486.31 102.40 Td (in ) Tj ET Q q 0 0 0 rg BT 497.07 102.40 Td (this ) Tj ET Q q 0 0 0 rg BT 514.51 102.40 Td (MD&A) Tj ET Q q 0 0 0 rg BT 545.07 102.40 Td ( ) Tj ET Q q 0 0 0 rg BT 548.06 102.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.40 Td (any ) Tj ET Q q 0 0 0 rg BT 66.71 90.40 Td (documents ) Tj ET Q q 0 0 0 rg BT 112.80 90.40 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 166.10 90.40 Td (by ) Tj ET Q q 0 0 0 rg BT 178.87 90.40 Td (reference ) Tj ET Q q 0 0 0 rg BT 218.82 90.40 Td (herein ) Tj ET Q q 0 0 0 rg BT 246.58 90.40 Td (are ) Tj ET Q q 0 0 0 rg BT 261.55 90.40 Td (based ) Tj ET Q q 0 0 0 rg BT 287.09 90.40 Td (on ) Tj ET Q q 0 0 0 rg BT 299.86 90.40 Td (what ) Tj ET Q q 0 0 0 rg BT 322.06 90.40 Td (the ) Tj ET Q q 0 0 0 rg BT 337.05 90.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 378.70 90.40 Td (considers ) Tj ET Q q 0 0 0 rg BT 419.24 90.40 Td (to ) Tj ET Q q 0 0 0 rg BT 429.79 90.40 Td (be ) Tj ET Q q 0 0 0 rg BT 442.00 90.40 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 487.52 90.40 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 539.73 90.40 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.40 Td (on ) Tj ET Q q 0 0 0 rg BT 62.13 78.40 Td (information ) Tj ET Q q 0 0 0 rg BT 111.97 78.40 Td (currently ) Tj ET Q q 0 0 0 rg BT 150.69 78.40 Td (available ) Tj ET Q q 0 0 0 rg BT 189.41 78.40 Td (to ) Tj ET Q q 0 0 0 rg BT 199.82 78.40 Td (the ) Tj ET Q q 0 0 0 rg BT 214.67 78.40 Td (Company) Tj ET Q q 0 0 0 rg BT 252.90 78.40 Td (, ) Tj ET Q q 0 0 0 rg BT 258.03 78.40 Td (there ) Tj ET Q q 0 0 0 rg BT 280.65 78.40 Td (can ) Tj ET Q q 0 0 0 rg BT 297.15 78.40 Td (be ) Tj ET Q q 0 0 0 rg BT 309.22 78.40 Td (no ) Tj ET Q q 0 0 0 rg BT 321.85 78.40 Td (assurances ) Tj ET Q q 0 0 0 rg BT 367.24 78.40 Td (that ) Tj ET Q q 0 0 0 rg BT 384.86 78.40 Td (actual ) Tj ET Q q 0 0 0 rg BT 411.37 78.40 Td (events, ) Tj ET Q q 0 0 0 rg BT 442.04 78.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 495.19 78.40 Td (or ) Tj ET Q q 0 0 0 rg BT 506.15 78.40 Td (results ) Tj ET Q q 0 0 0 rg BT 534.89 78.40 Td (will ) Tj ET Q q 0 0 0 rg BT 553.08 78.40 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.40 Td (consistent ) Tj ET Q q 0 0 0 rg BT 92.00 66.40 Td (with ) Tj ET Q q 0 0 0 rg BT 112.27 66.40 Td (these ) Tj ET Q q 0 0 0 rg BT 135.32 66.40 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 203.36 66.40 Td (statements ) Tj ET Q q 0 0 0 rg BT 248.07 66.40 Td (and ) Tj ET Q q 0 0 0 rg BT 265.01 66.40 Td (these ) Tj ET Q q 0 0 0 rg BT 288.05 66.40 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 340.00 66.40 Td (may ) Tj ET Q q 0 0 0 rg BT 359.72 66.40 Td (prove ) Tj ET Q q 0 0 0 rg BT 384.99 66.40 Td (to ) Tj ET Q q 0 0 0 rg BT 395.27 66.40 Td (be ) Tj ET Q q 0 0 0 rg BT 407.21 66.40 Td (incorrect.) Tj ET Q endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 303.50 33.60 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 740.10 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 740.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.77 740.10 Td (number ) Tj ET Q q 0 0 0 rg BT 109.92 740.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.85 740.10 Td (known ) Tj ET Q q 0 0 0 rg BT 150.67 740.10 Td (and ) Tj ET Q q 0 0 0 rg BT 167.71 740.10 Td (unknown ) Tj ET Q q 0 0 0 rg BT 207.54 740.10 Td (risks, ) Tj ET Q q 0 0 0 rg BT 231.53 740.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 285.22 740.10 Td (and ) Tj ET Q q 0 0 0 rg BT 302.26 740.10 Td (other ) Tj ET Q q 0 0 0 rg BT 325.41 740.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 355.22 740.10 Td (could ) Tj ET Q q 0 0 0 rg BT 380.04 740.10 Td (cause ) Tj ET Q q 0 0 0 rg BT 404.85 740.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 431.32 740.10 Td (events, ) Tj ET Q q 0 0 0 rg BT 461.97 740.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 515.09 740.10 Td (or ) Tj ET Q q 0 0 0 rg BT 526.02 740.10 Td (results ) Tj ET Q q 0 0 0 rg BT 554.73 740.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 728.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 74.48 728.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 117.98 728.10 Td (from ) Tj ET Q q 0 0 0 rg BT 140.38 728.10 Td (what ) Tj ET Q q 0 0 0 rg BT 162.77 728.10 Td (is ) Tj ET Q q 0 0 0 rg BT 172.40 728.10 Td (projected ) Tj ET Q q 0 0 0 rg BT 212.56 728.10 Td (in ) Tj ET Q q 0 0 0 rg BT 223.30 728.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.47 728.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 306.97 728.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 354.64 728.10 Td (including, ) Tj ET Q q 0 0 0 rg BT 397.87 728.10 Td (but ) Tj ET Q q 0 0 0 rg BT 413.60 728.10 Td (not ) Tj ET Q q 0 0 0 rg BT 429.34 728.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 460.63 728.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 473.87 728.10 Td (general ) Tj ET Q q 0 0 0 rg BT 506.25 728.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 548.08 728.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 716.10 Td (market ) Tj ET Q q 0 0 0 rg BT 80.52 716.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 117.11 716.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 164.53 716.10 Td (competitor ) Tj ET Q q 0 0 0 rg BT 211.11 716.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 252.97 716.10 Td (product ) Tj ET Q q 0 0 0 rg BT 286.78 716.10 Td (capability ) Tj ET Q q 0 0 0 rg BT 329.46 716.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.16 716.10 Td (acceptance, ) Tj ET Q q 0 0 0 rg BT 396.77 716.10 Td (international ) Tj ET Q q 0 0 0 rg BT 450.56 716.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 468.82 716.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.52 716.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 524.76 716.10 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 73.02 704.10 Td (and ) Tj ET Q q 0 0 0 rg BT 92.10 704.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 141.18 704.10 Td (changes. ) Tj ET Q q 0 0 0 rg BT 180.52 704.10 Td (In ) Tj ET Q q 0 0 0 rg BT 193.50 704.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 239.79 704.10 Td (these ) Tj ET Q q 0 0 0 rg BT 264.98 704.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 335.16 704.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 384.51 704.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 425.26 704.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.34 704.10 Td (prospective ) Tj ET Q q 0 0 0 rg BT 495.08 704.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 535.83 704.10 Td (should ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (specifically ) Tj ET Q q 0 0 0 rg BT 97.85 692.10 Td (consider ) Tj ET Q q 0 0 0 rg BT 133.98 692.10 Td (various ) Tj ET Q q 0 0 0 rg BT 165.68 692.10 Td (risks, ) Tj ET Q q 0 0 0 rg BT 189.33 692.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 242.68 692.10 Td (and ) Tj ET Q q 0 0 0 rg BT 259.37 692.10 Td (other ) Tj ET Q q 0 0 0 rg BT 282.18 692.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 311.64 692.10 Td (which ) Tj ET Q q 0 0 0 rg BT 338.34 692.10 Td (may ) Tj ET Q q 0 0 0 rg BT 357.82 692.10 Td (cause ) Tj ET Q q 0 0 0 rg BT 382.28 692.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 408.41 692.10 Td (events, ) Tj ET Q q 0 0 0 rg BT 438.72 692.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 491.50 692.10 Td (or ) Tj ET Q q 0 0 0 rg BT 502.09 692.10 Td (results ) Tj ET Q q 0 0 0 rg BT 530.45 692.10 Td (to ) Tj ET Q q 0 0 0 rg BT 540.49 692.10 Td (dif) Tj ET Q q 0 0 0 rg BT 551.42 692.10 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 92.54 680.10 Td (from ) Tj ET Q q 0 0 0 rg BT 114.48 680.10 Td (any ) Tj ET Q q 0 0 0 rg BT 131.41 680.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 199.45 680.10 Td (statement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 662.10 Td (This ) Tj ET Q q 0 0 0 rg BT 87.67 662.10 Td (is ) Tj ET Q q 0 0 0 rg BT 96.73 662.10 Td (not ) Tj ET Q q 0 0 0 rg BT 111.90 662.10 Td (an ) Tj ET Q q 0 0 0 rg BT 123.73 662.10 Td (exhaustive ) Tj ET Q q 0 0 0 rg BT 168.89 662.10 Td (list ) Tj ET Q q 0 0 0 rg BT 183.50 662.10 Td (of ) Tj ET Q q 0 0 0 rg BT 194.23 662.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.83 662.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 238.43 662.10 Td (that ) Tj ET Q q 0 0 0 rg BT 255.82 662.10 Td (may ) Tj ET Q q 0 0 0 rg BT 275.43 662.10 Td (af) Tj ET Q q 0 0 0 rg BT 283.02 662.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 300.39 662.10 Td (any ) Tj ET Q q 0 0 0 rg BT 317.22 662.10 Td (of ) Tj ET Q q 0 0 0 rg BT 327.95 662.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.55 662.10 Td (Company) Tj ET Q q 0 0 0 rg BT 384.22 662.10 Td (s ) Tj ET Q q 0 0 0 rg BT 390.50 662.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 458.43 662.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 505.53 662.10 Td (Please ) Tj ET Q q 0 0 0 rg BT 533.47 662.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 554.73 662.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.51 650.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 100.76 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 111.67 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.46 650.10 Td (above ) Tj ET Q q 0 0 0 rg BT 152.91 650.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.92 650.10 Td (other ) Tj ET Q q 0 0 0 rg BT 193.05 650.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 210.62 650.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 240.41 650.10 Td (related ) Tj ET Q q 0 0 0 rg BT 270.18 650.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.54 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.33 650.10 Td (business ) Tj ET Q q 0 0 0 rg BT 331.80 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 342.70 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 357.50 650.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 398.96 650.10 Td (and ) Tj ET Q q 0 0 0 rg BT 415.97 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 430.76 650.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 466.12 650.10 Td (in ) Tj ET Q q 0 0 0 rg BT 476.47 650.10 Td (which ) Tj ET Q q 0 0 0 rg BT 503.49 650.10 Td (it ) Tj ET Q q 0 0 0 rg BT 511.62 650.10 Td (operates ) Tj ET Q q 0 0 0 rg BT 547.51 650.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (will ) Tj ET Q q 0 0 0 rg BT 67.56 638.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 104.50 638.10 Td (to ) Tj ET Q q 0 0 0 rg BT 114.79 638.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 139.51 638.10 Td (to ) Tj ET Q q 0 0 0 rg BT 149.80 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.52 638.10 Td (Company) Tj ET Q q 0 0 0 rg BT 202.76 638.10 Td (, ) Tj ET Q q 0 0 0 rg BT 207.77 638.10 Td (which ) Tj ET Q q 0 0 0 rg BT 234.71 638.10 Td (are ) Tj ET Q q 0 0 0 rg BT 249.43 638.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 290.27 638.10 Td (in ) Tj ET Q q 0 0 0 rg BT 300.55 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 315.28 638.10 Td (Company) Tj ET Q q 0 0 0 rg BT 356.94 638.10 Td (s ) Tj ET Q q 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Tj ET Q q 0 0 0 rg BT 418.18 673.60 Td (not ) Tj ET Q q 0 0 0 rg BT 433.73 673.60 Td (lose ) Tj ET Q q 0 0 0 rg BT 452.61 673.60 Td (relevance ) Tj ET Q q 0 0 0 rg BT 493.68 673.60 Td (as ) Tj ET Q q 0 0 0 rg BT 504.78 673.60 Td (easily ) Tj ET Q q 0 0 0 rg BT 530.88 673.60 Td (as ) Tj ET Q q 0 0 0 rg BT 541.98 673.60 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.60 Td (genres; ) Tj ET Q q 0 0 0 rg BT 80.88 661.60 Td (and ) Tj ET Q q 0 0 0 rg BT 97.82 661.60 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 138.90 661.60 Td (can ) Tj ET Q q 0 0 0 rg BT 155.28 661.60 Td (be ) Tj ET Q q 0 0 0 rg BT 167.21 661.60 Td (licensed ) Tj ET Q q 0 0 0 rg BT 202.48 661.60 Td (into ) Tj ET Q q 0 0 0 rg BT 220.54 661.60 Td (numerous ) Tj ET Q q 0 0 0 rg BT 262.47 661.60 Td (markets ) Tj ET Q q 0 0 0 rg BT 296.63 661.60 Td (over ) Tj ET Q q 0 0 0 rg BT 316.90 661.60 Td (and ) Tj ET Q q 0 0 0 rg BT 333.84 661.60 Td (over ) Tj ET Q q 0 0 0 rg BT 354.10 661.60 Td (again ) Tj ET Q q 0 0 0 rg BT 378.26 661.60 Td (for ) Tj ET Q q 0 0 0 rg BT 392.42 661.60 Td (many ) Tj ET Q q 0 0 0 rg BT 417.14 661.60 Td (years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 643.60 Td (As ) Tj ET Q q 0 0 0 rg BT 81.39 643.60 Td (one ) Tj ET Q q 0 0 0 rg BT 98.61 643.60 Td (of ) Tj ET Q q 0 0 0 rg BT 109.72 643.60 Td (the ) Tj ET Q q 0 0 0 rg BT 124.72 643.60 Td (world) Tj ET Q q 0 0 0 rg BT 150.83 643.60 Td (s ) Tj ET Q q 0 0 0 rg BT 157.50 643.60 Td (foremost ) Tj ET Q q 0 0 0 rg BT 195.82 643.60 Td (producers ) Tj ET Q q 0 0 0 rg BT 238.03 643.60 Td (of ) Tj ET Q q 0 0 0 rg BT 249.14 643.60 Td (children) Tj ET Q q 0 0 0 rg BT 284.68 643.60 Td (s ) Tj ET Q q 0 0 0 rg BT 291.36 643.60 Td (series, ) Tj ET Q q 0 0 0 rg BT 319.40 643.60 Td (DHX ) Tj ET Q q 0 0 0 rg BT 343.85 643.60 Td (Media ) Tj ET Q q 0 0 0 rg BT 372.18 643.60 Td (owns ) Tj ET Q q 0 0 0 rg BT 396.07 643.60 Td (the ) Tj ET Q q 0 0 0 rg BT 411.07 643.60 Td (world) Tj ET Q q 0 0 0 rg BT 437.17 643.60 Td (s ) Tj ET Q q 0 0 0 rg BT 443.85 643.60 Td (lar) Tj ET Q q 0 0 0 rg BT 454.21 643.60 Td (gest ) Tj ET Q q 0 0 0 rg BT 473.10 643.60 Td (independent ) Tj ET Q q 0 0 0 rg BT 524.75 643.60 Td (library ) Tj ET Q q 0 0 0 rg BT 554.19 643.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.60 Td (children) Tj ET Q q 0 0 0 rg BT 85.04 631.60 Td (s ) Tj ET Q q 0 0 0 rg BT 91.60 631.60 Td (content, ) Tj ET Q q 0 0 0 rg BT 126.20 631.60 Td (at ) Tj ET Q q 0 0 0 rg BT 136.09 631.60 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.51 631.60 Td (13,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.01 631.60 Td ( ) Tj ET Q q 0 0 0 rg BT 226.68 631.60 Td (half-hours. ) Tj ET Q q 0 0 0 rg BT 272.75 631.60 Td (W) Tj ET Q q 0 0 0 rg BT 281.39 631.60 Td (e ) Tj ET Q q 0 0 0 rg BT 288.50 631.60 Td (monetize ) Tj ET Q q 0 0 0 rg BT 327.81 631.60 Td (our ) Tj ET Q q 0 0 0 rg BT 343.81 631.60 Td (content ) Tj ET Q q 0 0 0 rg BT 375.91 631.60 Td (and ) Tj ET Q q 0 0 0 rg BT 393.02 631.60 Td (related ) Tj ET Q q 0 0 0 rg BT 422.89 631.60 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 469.98 631.60 Td (property ) Tj ET Q q 0 0 0 rg BT 506.52 631.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.29 631.60 Td (IP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.29 631.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 534.73 631.60 Td (mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.60 Td (by:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.60 Td (1. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 601.60 Td (producing ) Tj ET Q q 0 0 0 rg BT 110.55 601.60 Td (and ) Tj ET Q q 0 0 0 rg BT 127.49 601.60 Td (distributing ) Tj ET Q q 0 0 0 rg BT 176.10 601.60 Td (shows ) Tj ET Q q 0 0 0 rg BT 203.60 601.60 Td (to ) Tj ET Q q 0 0 0 rg BT 213.88 601.60 Td (over ) Tj ET Q q 0 0 0 rg BT 234.15 601.60 Td (500 ) Tj ET Q q 0 0 0 rg BT 251.65 601.60 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 304.13 601.60 Td (and ) Tj ET Q q 0 0 0 rg BT 321.06 601.60 Td (streaming ) Tj ET Q q 0 0 0 rg BT 363.00 601.60 Td (services ) Tj ET Q q 0 0 0 rg BT 397.71 601.60 Td (worldwide;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.60 Td (2. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 583.60 Td (generating ) Tj ET Q q 0 0 0 rg BT 116.88 583.60 Td (ad-supported ) Tj ET Q q 0 0 0 rg BT 176.27 583.60 Td (video-on-demand ) Tj ET Q q 0 0 0 rg BT 253.98 583.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.75 583.60 Td (A) Tj ET Q q 0 0 0 rg BT 267.68 583.60 Td (V) Tj ET Q q 0 0 0 rg BT 274.70 583.60 Td (OD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.70 583.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 304.65 583.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 343.47 583.60 Td (through ) Tj ET Q q 0 0 0 rg BT 381.76 583.60 Td (our ) Tj ET Q q 0 0 0 rg BT 402.27 583.60 Td (wholly ) Tj ET Q q 0 0 0 rg BT 437.23 583.60 Td (owned ) Tj ET Q q 0 0 0 rg BT 471.07 583.60 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 511.53 583.60 Td (, ) Tj ET Q q 0 0 0 rg BT 520.69 583.60 Td (W) Tj ET Q q 0 0 0 rg BT 529.73 583.60 Td (ildBrain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 571.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.27 571.60 Td (W) Tj ET Q q 0 0 0 rg BT 85.09 571.60 Td (ildBrain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.65 571.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 133.42 571.60 Td (which ) Tj ET Q q 0 0 0 rg BT 160.36 571.60 Td (operates ) Tj ET Q q 0 0 0 rg BT 196.18 571.60 Td (one ) Tj ET Q q 0 0 0 rg BT 213.12 571.60 Td (of ) Tj ET Q q 0 0 0 rg BT 223.95 571.60 Td (the ) Tj ET Q q 0 0 0 rg BT 238.66 571.60 Td (lar) Tj ET Q q 0 0 0 rg BT 249.03 571.60 Td (gest ) Tj ET Q q 0 0 0 rg BT 267.64 571.60 Td (networks ) Tj ET Q q 0 0 0 rg BT 306.80 571.60 Td (of ) Tj ET Q q 0 0 0 rg BT 317.63 571.60 Td (children) Tj ET Q q 0 0 0 rg BT 353.17 571.60 Td (s ) Tj ET Q q 0 0 0 rg BT 359.56 571.60 Td (channels ) Tj ET Q q 0 0 0 rg BT 397.05 571.60 Td (on ) Tj ET Q q 0 0 0 rg BT 409.17 571.60 Td (Y) Tj ET Q q 0 0 0 rg BT 415.40 571.60 Td (ouT) Tj ET Q q 0 0 0 rg BT 431.15 571.60 Td (ube; ) Tj ET Q q 0 0 0 rg BT 450.87 571.60 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 553.60 Td (3. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 553.60 Td (realizing ) Tj ET Q q 0 0 0 rg BT 104.98 553.60 Td (royalties ) Tj ET Q q 0 0 0 rg BT 141.91 553.60 Td (from ) Tj ET Q q 0 0 0 rg BT 163.85 553.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 205.23 553.60 Td (products ) Tj ET Q q 0 0 0 rg BT 242.17 553.60 Td (based ) Tj ET Q q 0 0 0 rg BT 267.44 553.60 Td (on ) Tj ET Q q 0 0 0 rg BT 279.94 553.60 Td (our ) Tj ET Q q 0 0 0 rg BT 295.77 553.60 Td (IP) Tj ET Q q 0 0 0 rg BT 304.29 553.60 Td ( ) Tj ET Q q 0 0 0 rg BT 306.79 553.60 Td (and ) Tj ET Q q 0 0 0 rg BT 323.73 553.60 Td (brands.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 535.60 Td (DHX ) Tj ET Q q 0 0 0 rg BT 91.85 535.60 Td (Media ) Tj ET Q q 0 0 0 rg BT 120.08 535.60 Td (also ) Tj ET Q q 0 0 0 rg BT 138.87 535.60 Td (operates ) Tj ET Q q 0 0 0 rg BT 174.87 535.60 Td (the ) Tj ET Q q 0 0 0 rg BT 189.78 535.60 Td (Family ) Tj ET Q q 0 0 0 rg BT 220.79 535.60 Td (suite ) Tj ET Q q 0 0 0 rg BT 242.37 535.60 Td (of ) Tj ET Q q 0 0 0 rg BT 253.38 535.60 Td (linear ) Tj ET Q q 0 0 0 rg BT 278.83 535.60 Td (specialty ) Tj ET Q q 0 0 0 rg BT 317.06 535.60 Td (channels ) Tj ET Q q 0 0 0 rg BT 354.73 535.60 Td (in ) Tj ET Q q 0 0 0 rg BT 365.19 535.60 Td (Canada, ) Tj ET Q q 0 0 0 rg BT 400.36 535.60 Td (which ) Tj ET Q q 0 0 0 rg BT 427.48 535.60 Td (has ) Tj ET Q q 0 0 0 rg BT 443.50 535.60 Td (been ) Tj ET Q q 0 0 0 rg BT 465.06 535.60 Td (a ) Tj ET Q q 0 0 0 rg BT 472.18 535.60 Td (trusted ) Tj ET Q q 0 0 0 rg BT 502.08 535.60 Td (broadcaster ) Tj ET Q q 0 0 0 rg BT 550.85 535.60 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.60 Td (over ) Tj ET Q q 0 0 0 rg BT 69.49 523.60 Td (25 ) Tj ET Q q 0 0 0 rg BT 81.71 523.60 Td (years ) Tj ET Q q 0 0 0 rg BT 105.02 523.60 Td (and ) Tj ET Q q 0 0 0 rg BT 121.68 523.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 158.34 523.60 Td (stable ) Tj ET Q q 0 0 0 rg BT 183.88 523.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 203.87 523.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 224.42 523.60 Td (that ) Tj ET Q q 0 0 0 rg BT 241.64 523.60 Td (serves ) Tj ET Q q 0 0 0 rg BT 268.85 523.60 Td (to ) Tj ET Q q 0 0 0 rg BT 278.84 523.60 Td (fund ) Tj ET Q q 0 0 0 rg BT 299.39 523.60 Td (and ) Tj ET Q q 0 0 0 rg BT 316.05 523.60 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 353.25 523.60 Td (new ) Tj ET Q q 0 0 0 rg BT 372.12 523.60 Td (content ) Tj ET Q q 0 0 0 rg BT 403.78 523.60 Td (for ) Tj ET Q q 0 0 0 rg BT 417.66 523.60 Td (our ) Tj ET Q q 0 0 0 rg BT 433.21 523.60 Td (library) Tj ET Q q 0 0 0 rg BT 459.21 523.60 Td (. ) Tj ET Q q 0 0 0 rg BT 463.93 523.60 Td (In ) Tj ET Q q 0 0 0 rg BT 474.48 523.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 511.97 523.60 Td (we ) Tj ET Q q 0 0 0 rg BT 525.85 523.60 Td (represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 94.82 511.60 Td (lifestyle ) Tj ET Q q 0 0 0 rg BT 129.60 511.60 Td (and ) Tj ET Q q 0 0 0 rg BT 146.59 511.60 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 204.13 511.60 Td (brands ) Tj ET Q q 0 0 0 rg BT 233.35 511.60 Td (around ) Tj ET Q q 0 0 0 rg BT 263.68 511.60 Td (the ) Tj ET Q q 0 0 0 rg BT 278.46 511.60 Td (world ) Tj ET Q q 0 0 0 rg BT 304.35 511.60 Td (through ) Tj ET Q q 0 0 0 rg BT 338.01 511.60 Td (our ) Tj ET Q q 0 0 0 rg BT 353.90 511.60 Td (wholly ) Tj ET Q q 0 0 0 rg BT 384.24 511.60 Td (owned ) Tj ET Q q 0 0 0 rg BT 413.46 511.60 Td (licensing ) Tj ET Q q 0 0 0 rg BT 452.13 511.60 Td (agency ) Tj ET Q q 0 0 0 rg BT 483.00 511.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 521.95 511.60 Td (Copyright ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 499.60 Td (Promotions ) Tj ET Q q 0 0 0 rg BT 98.04 499.60 Td (Licensing ) Tj ET Q q 0 0 0 rg BT 139.90 499.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 167.87 499.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.64 499.60 Td (CPLG) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.42 499.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 216.11 499.60 Td (through ) Tj ET Q q 0 0 0 rg BT 249.64 499.60 Td (which ) Tj ET Q q 0 0 0 rg BT 276.50 499.60 Td (we ) Tj ET Q q 0 0 0 rg BT 290.58 499.60 Td (are ) Tj ET Q q 0 0 0 rg BT 305.21 499.60 Td (realizing ) Tj ET Q q 0 0 0 rg BT 342.61 499.60 Td (operational ) Tj ET Q q 0 0 0 rg BT 390.01 499.60 Td (syner) Tj ET Q q 0 0 0 rg BT 411.49 499.60 Td (gies ) Tj ET Q q 0 0 0 rg BT 430.02 499.60 Td (by ) Tj ET Q q 0 0 0 rg BT 442.44 499.60 Td (using ) Tj ET Q q 0 0 0 rg BT 466.54 499.60 Td (CPLG ) Tj ET Q q 0 0 0 rg BT 494.52 499.60 Td (as ) Tj ET Q q 0 0 0 rg BT 505.27 499.60 Td (the ) Tj ET Q q 0 0 0 rg BT 519.91 499.60 Td (agent ) Tj ET Q q 0 0 0 rg BT 543.99 499.60 Td (for ) Tj ET Q q 0 0 0 rg BT 558.07 499.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 487.60 Td (number ) Tj ET Q q 0 0 0 rg BT 82.55 487.60 Td (of ) Tj ET Q q 0 0 0 rg BT 93.38 487.60 Td (our ) Tj ET Q q 0 0 0 rg BT 109.21 487.60 Td (own ) Tj ET Q q 0 0 0 rg BT 128.93 487.60 Td (brands.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 468.40 Td (Revenue Model ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 450.40 Td (DHX ) Tj ET Q q 0 0 0 rg BT 91.37 450.40 Td (Media ) Tj ET Q q 0 0 0 rg BT 119.12 450.40 Td (operates ) Tj ET Q q 0 0 0 rg BT 154.63 450.40 Td (through ) Tj ET Q q 0 0 0 rg BT 187.94 450.40 Td (three ) Tj ET Q q 0 0 0 rg BT 210.13 450.40 Td (primary ) Tj ET Q q 0 0 0 rg BT 243.99 450.40 Td (business ) Tj ET Q q 0 0 0 rg BT 280.08 450.40 Td (areas: ) Tj ET Q q 0 0 0 rg BT 305.60 450.40 Td ( ) Tj ET Q q 0 0 0 rg BT 307.80 450.40 Td (1\) ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.33 450.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 328.70 450.40 Td (oduction ) Tj ET Q q 0 0 0 rg BT 368.13 450.40 Td (and ) Tj ET Q q 0 0 0 rg BT 386.46 450.40 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 440.89 450.40 Td (of ) Tj ET Q q 0 0 0 rg BT 451.43 450.40 Td (Content) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.87 450.40 Td (, ) Tj ET Q q 0 0 0 rg BT 490.57 450.40 Td (2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.90 450.40 Td ( ) Tj ET Q q 0 0 0 rg BT 500.94 450.40 Td (T) Tj ET Q q 0 0 0 rg BT 506.70 450.40 Td (elevision) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.36 450.40 Td (, ) Tj ET Q q 0 0 0 rg BT 548.06 450.40 Td (and) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.40 Td (3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 438.40 Td ( ) Tj ET Q q 0 0 0 rg BT 60.33 438.40 Td (Consumer) Tj ET Q q 0 0 0 rg BT 104.59 438.40 Td ( ) Tj ET Q q 0 0 0 rg BT 107.09 438.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 117.46 438.40 Td (oducts ) Tj ET Q q 0 0 0 rg BT 147.74 438.40 Td (Repr) Tj ET Q q 0 0 0 rg BT 169.22 438.40 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.55 438.40 Td (. ) Tj ET Q q 0 0 0 rg BT 217.55 438.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 420.40 Td (1. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 420.40 Td (Production ) Tj ET Q q 0 0 0 rg BT 113.70 420.40 Td (and ) Tj ET Q q 0 0 0 rg BT 130.44 420.40 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 181.09 420.40 Td (of ) Tj ET Q q 0 0 0 rg BT 191.73 420.40 Td (Content ) Tj ET Q q 0 0 0 rg BT 225.70 420.40 Td (relates ) Tj ET Q q 0 0 0 rg BT 254.11 420.40 Td (to ) Tj ET Q q 0 0 0 rg BT 264.19 420.40 Td (business ) Tj ET Q q 0 0 0 rg BT 300.40 420.40 Td (segments ) Tj ET Q q 0 0 0 rg BT 339.92 420.40 Td (that ) Tj ET Q q 0 0 0 rg BT 357.23 420.40 Td (derive ) Tj ET Q q 0 0 0 rg BT 384.52 420.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 418.48 420.40 Td (from ) Tj ET Q q 0 0 0 rg BT 440.22 420.40 Td (DHX ) Tj ET Q q 0 0 0 rg BT 464.20 420.40 Td (Media) Tj ET Q q 0 0 0 rg BT 492.52 420.40 Td (s ) Tj ET Q q 0 0 0 rg BT 498.73 420.40 Td (owned ) Tj ET Q q 0 0 0 rg BT 527.70 420.40 Td (IP) Tj ET Q q 0 0 0 rg BT 536.22 420.40 Td ( ) Tj ET Q q 0 0 0 rg BT 538.53 420.40 Td (or ) Tj ET Q q 0 0 0 rg BT 549.17 420.40 Td (use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 408.40 Td (of ) Tj ET Q q 0 0 0 rg BT 78.32 408.40 Td (the ) Tj ET Q q 0 0 0 rg BT 93.02 408.40 Td (Company) Tj ET Q q 0 0 0 rg BT 134.69 408.40 Td (s ) Tj ET Q q 0 0 0 rg BT 141.07 408.40 Td (production ) Tj ET Q q 0 0 0 rg BT 186.88 408.40 Td (studios ) Tj ET Q q 0 0 0 rg BT 217.71 408.40 Td (\(the ) Tj ET Q q 0 0 0 rg BT 235.74 408.40 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 240.18 408.40 Td (Content ) Tj ET Q q 0 0 0 rg BT 277.11 408.40 Td (Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.80 408.40 Td (\), ) Tj ET Q q 0 0 0 rg BT 326.55 408.40 Td (and ) Tj ET Q q 0 0 0 rg BT 343.48 408.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 379.29 408.40 Td (the ) Tj ET Q q 0 0 0 rg BT 394.00 408.40 Td (production ) Tj ET Q q 0 0 0 rg BT 439.81 408.40 Td (of ) Tj ET Q q 0 0 0 rg BT 450.63 408.40 Td (our ) Tj ET Q q 0 0 0 rg BT 466.45 408.40 Td (own ) Tj ET Q q 0 0 0 rg BT 486.15 408.40 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 533.07 408.40 Td (content ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 396.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.27 396.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 85.63 396.40 Td (oprietary ) Tj ET Q q 0 0 0 rg BT 128.04 396.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 138.40 396.40 Td (oduction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.64 396.40 Td (\); ) Tj ET Q q 0 0 0 rg BT 188.60 396.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 233.78 396.40 Td (service ) Tj ET Q q 0 0 0 rg BT 264.52 396.40 Td (work ) Tj ET Q q 0 0 0 rg BT 287.49 396.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.26 396.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 305.62 396.40 Td (oducer) Tj ET Q q 0 0 0 rg BT 334.88 396.40 Td ( ) Tj ET Q q 0 0 0 rg BT 337.30 396.40 Td (and ) Tj ET Q q 0 0 0 rg BT 355.84 396.40 Td (Service ) Tj ET Q q 0 0 0 rg BT 389.35 396.40 Td (Fee) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.34 396.40 Td (\); ) Tj ET Q q 0 0 0 rg BT 417.30 396.40 Td (distribution ) Tj ET Q q 0 0 0 rg BT 465.83 396.40 Td (of ) Tj ET Q q 0 0 0 rg BT 476.58 396.40 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 523.43 396.40 Td (and ) Tj ET Q q 0 0 0 rg BT 540.28 396.40 Td (third-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 384.40 Td (party ) Tj ET Q q 0 0 0 rg BT 90.77 384.40 Td (titles ) Tj ET Q q 0 0 0 rg BT 112.93 384.40 Td (across ) Tj ET Q q 0 0 0 rg BT 140.64 384.40 Td (linear ) Tj ET Q q 0 0 0 rg BT 166.12 384.40 Td (and ) Tj ET Q q 0 0 0 rg BT 183.28 384.40 Td (streaming ) Tj ET Q q 0 0 0 rg BT 225.43 384.40 Td (platforms ) Tj ET Q q 0 0 0 rg BT 266.48 384.40 Td (including ) Tj ET Q q 0 0 0 rg BT 306.97 384.40 Td (digital ) Tj ET Q q 0 0 0 rg BT 335.24 384.40 Td (distribution ) Tj ET Q q 0 0 0 rg BT 384.08 384.40 Td (on ) Tj ET Q q 0 0 0 rg BT 396.39 384.40 Td (Y) Tj ET Q q 0 0 0 rg BT 402.61 384.40 Td (ouT) Tj ET Q q 0 0 0 rg BT 418.37 384.40 Td (ube ) Tj ET Q q 0 0 0 rg BT 435.53 384.40 Td (through ) Tj ET Q q 0 0 0 rg BT 469.36 384.40 Td (our ) Tj ET Q q 0 0 0 rg BT 485.21 384.40 Td (W) Tj ET Q q 0 0 0 rg BT 494.25 384.40 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 529.74 384.40 Td (network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 372.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.27 372.40 Td (Distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 372.40 Td (\); ) Tj ET Q q 0 0 0 rg BT 139.33 372.40 Td (and ) Tj ET Q q 0 0 0 rg BT 155.04 372.40 Td (licensing ) Tj ET Q q 0 0 0 rg BT 192.42 372.40 Td (royalties ) Tj ET Q q 0 0 0 rg BT 228.14 372.40 Td (from ) Tj ET Q q 0 0 0 rg BT 248.85 372.40 Td (our ) Tj ET Q q 0 0 0 rg BT 263.46 372.40 Td (own ) Tj ET Q q 0 0 0 rg BT 281.96 372.40 Td (IP) Tj ET Q q 0 0 0 rg BT 289.74 372.40 Td (, ) Tj ET Q q 0 0 0 rg BT 293.52 372.40 Td (as ) Tj ET Q q 0 0 0 rg BT 303.13 372.40 Td (well ) Tj ET Q q 0 0 0 rg BT 321.63 372.40 Td (as ) Tj ET Q q 0 0 0 rg BT 331.23 372.40 Td (from ) Tj ET Q q 0 0 0 rg BT 351.95 372.40 Td (brands ) Tj ET Q q 0 0 0 rg BT 379.89 372.40 Td (owned ) Tj ET Q q 0 0 0 rg BT 407.83 372.40 Td (by ) Tj ET Q q 0 0 0 rg BT 419.11 372.40 Td (partners ) Tj ET Q q 0 0 0 rg BT 452.59 372.40 Td ( ) Tj ET Q q 0 0 0 rg BT 453.87 372.40 Td (such ) Tj ET Q q 0 0 0 rg BT 473.48 372.40 Td (as ) Tj ET Q q 0 0 0 rg BT 483.09 372.40 Td (Mattel ) Tj ET Q q 0 0 0 rg BT 510.47 372.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.24 372.40 Td (Consumer) Tj ET Q q 0 0 0 rg BT 562.50 372.40 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 360.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.87 360.40 Td (oducts-Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.54 360.40 Td (\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.40 Td (2. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 342.40 Td (The ) Tj ET Q q 0 0 0 rg BT 85.37 342.40 Td (T) Tj ET Q q 0 0 0 rg BT 90.78 342.40 Td (elevision ) Tj ET Q q 0 0 0 rg BT 129.38 342.40 Td (segment ) Tj ET Q q 0 0 0 rg BT 165.21 342.40 Td (derives ) Tj ET Q q 0 0 0 rg BT 196.58 342.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 230.73 342.40 Td (from ) Tj ET Q q 0 0 0 rg BT 252.67 342.40 Td (the ) Tj ET Q q 0 0 0 rg BT 267.38 342.40 Td (operation ) Tj ET Q q 0 0 0 rg BT 307.65 342.40 Td (of ) Tj ET Q q 0 0 0 rg BT 318.48 342.40 Td (our ) Tj ET Q q 0 0 0 rg BT 334.31 342.40 Td (Family ) Tj ET Q q 0 0 0 rg BT 365.14 342.40 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 405.96 342.40 Td (channels ) Tj ET Q q 0 0 0 rg BT 443.44 342.40 Td (in ) Tj ET Q q 0 0 0 rg BT 453.72 342.40 Td (Canada ) Tj ET Q q 0 0 0 rg BT 486.21 342.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.97 342.40 Td (T) Tj ET Q q 0 0 0 rg BT 499.73 342.40 Td (elevision) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.39 342.40 Td (\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.40 Td (3. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 324.40 Td (The ) Tj ET Q q 0 0 0 rg BT 87.55 324.40 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 133.16 324.40 Td (Products ) Tj ET Q q 0 0 0 rg BT 172.66 324.40 Td (Representation ) Tj ET Q q 0 0 0 rg BT 237.14 324.40 Td (segment ) Tj ET Q q 0 0 0 rg BT 274.97 324.40 Td (generates ) Tj ET Q q 0 0 0 rg BT 317.22 324.40 Td (commissions ) Tj ET Q q 0 0 0 rg BT 373.95 324.40 Td (from ) Tj ET Q q 0 0 0 rg BT 397.89 324.40 Td (the ) Tj ET Q q 0 0 0 rg BT 414.61 324.40 Td (representation ) Tj ET Q q 0 0 0 rg BT 475.75 324.40 Td (of ) Tj ET Q q 0 0 0 rg BT 488.58 324.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 535.84 324.40 Td (brands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 312.40 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.27 312.40 Td (Consumer) Tj ET Q q 0 0 0 rg BT 119.53 312.40 Td ( ) Tj ET Q q 0 0 0 rg BT 122.03 312.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 132.40 312.40 Td (oducts-Repr) Tj ET Q q 0 0 0 rg BT 184.99 312.40 Td (esented) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.65 312.40 Td (\).) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 293.0669921875 m 179.83203125 293.0669921875 l s q 0 0 0 rg BT 49.50 294.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.13 294.40 Td (oprietary ) Tj ET Q q 0 0 0 rg BT 98.85 294.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 108.47 294.40 Td (oduction ) Tj ET Q q 0 0 0 rg BT 145.97 294.40 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 276.40 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 105.51 276.40 Td (from ) Tj ET Q q 0 0 0 rg BT 127.98 276.40 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 175.99 276.40 Td (Production ) Tj ET Q q 0 0 0 rg BT 222.90 276.40 Td (is ) Tj ET Q q 0 0 0 rg BT 232.60 276.40 Td (generated ) Tj ET Q q 0 0 0 rg BT 274.49 276.40 Td (by ) Tj ET Q q 0 0 0 rg BT 287.51 276.40 Td (licensing ) Tj ET Q q 0 0 0 rg BT 326.64 276.40 Td (the ) Tj ET Q q 0 0 0 rg BT 341.89 276.40 Td (initial ) Tj ET Q q 0 0 0 rg BT 368.24 276.40 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 409.58 276.40 Td (rights ) Tj ET Q q 0 0 0 rg BT 435.39 276.40 Td (for ) Tj ET Q q 0 0 0 rg BT 450.08 276.40 Td (our ) Tj ET Q q 0 0 0 rg BT 466.43 276.40 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 513.88 276.40 Td (titles. ) Tj ET Q q 0 0 0 rg BT 538.63 276.40 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 68.63 264.40 Td (are ) Tj ET Q q 0 0 0 rg BT 83.86 264.40 Td (typically ) Tj ET Q q 0 0 0 rg BT 121.88 264.40 Td (collected ) Tj ET Q q 0 0 0 rg BT 160.99 264.40 Td (in ) Tj ET Q q 0 0 0 rg BT 171.79 264.40 Td (stages, ) Tj ET Q q 0 0 0 rg BT 201.76 264.40 Td (including ) Tj ET Q q 0 0 0 rg BT 242.56 264.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 278.91 264.40 Td (upon ) Tj ET Q q 0 0 0 rg BT 301.93 264.40 Td (commissioning ) Tj ET Q q 0 0 0 rg BT 366.07 264.40 Td (of ) Tj ET Q q 0 0 0 rg BT 377.43 264.40 Td (a ) Tj ET Q q 0 0 0 rg BT 384.89 264.40 Td (production, ) Tj ET Q q 0 0 0 rg BT 433.75 264.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 470.09 264.40 Td (during ) Tj ET Q q 0 0 0 rg BT 499.23 264.40 Td (production, ) Tj ET Q q 0 0 0 rg BT 548.08 264.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 85.32 252.40 Td (once ) Tj ET Q q 0 0 0 rg BT 106.70 252.40 Td (a ) Tj ET Q q 0 0 0 rg BT 113.64 252.40 Td (completed ) Tj ET Q q 0 0 0 rg BT 157.79 252.40 Td (production ) Tj ET Q q 0 0 0 rg BT 203.61 252.40 Td (is ) Tj ET Q q 0 0 0 rg BT 212.78 252.40 Td (delivered ) Tj ET Q q 0 0 0 rg BT 252.48 252.40 Td (for ) Tj ET Q q 0 0 0 rg BT 266.64 252.40 Td (broadcast, ) Tj ET Q q 0 0 0 rg BT 309.96 252.40 Td (and ) Tj ET Q q 0 0 0 rg BT 326.90 252.40 Td (also ) Tj ET Q q 0 0 0 rg BT 345.51 252.40 Td (at ) Tj ET Q q 0 0 0 rg BT 355.22 252.40 Td (some ) Tj ET Q q 0 0 0 rg BT 378.83 252.40 Td (point ) Tj ET Q q 0 0 0 rg BT 401.89 252.40 Td (in ) Tj ET Q q 0 0 0 rg BT 412.17 252.40 Td (time ) Tj ET Q q 0 0 0 rg BT 432.44 252.40 Td (after ) Tj ET Q q 0 0 0 rg BT 453.25 252.40 Td (delivery ) Tj ET Q q 0 0 0 rg BT 488.52 252.40 Td (as ) Tj ET Q q 0 0 0 rg BT 499.35 252.40 Td (a ) Tj ET Q q 0 0 0 rg BT 506.29 252.40 Td (holdback.) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 233.06699218749998 m 190.1689453125 233.06699218749998 l s q 0 0 0 rg BT 49.50 234.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.13 234.40 Td (oducer ) Tj ET Q q 0 0 0 rg BT 89.40 234.40 Td (and ) Tj ET Q q 0 0 0 rg BT 106.90 234.40 Td (Service ) Tj ET Q q 0 0 0 rg BT 138.82 234.40 Td (Fee ) Tj ET Q q 0 0 0 rg BT 156.31 234.40 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 216.40 Td (Producer ) Tj ET Q q 0 0 0 rg BT 106.21 216.40 Td (and ) Tj ET Q q 0 0 0 rg BT 123.27 216.40 Td (Service ) Tj ET Q q 0 0 0 rg BT 155.87 216.40 Td (Fee ) Tj ET Q q 0 0 0 rg BT 172.92 216.40 Td (is ) Tj ET Q q 0 0 0 rg BT 182.20 216.40 Td (earned ) Tj ET Q q 0 0 0 rg BT 211.46 216.40 Td (for ) Tj ET Q q 0 0 0 rg BT 225.74 216.40 Td (producing ) Tj ET Q q 0 0 0 rg BT 268.90 216.40 Td (television ) Tj ET Q q 0 0 0 rg BT 310.40 216.40 Td (shows ) Tj ET Q q 0 0 0 rg BT 338.02 216.40 Td (\(both ) Tj ET Q q 0 0 0 rg BT 361.74 216.40 Td (animated ) Tj ET Q q 0 0 0 rg BT 401.01 216.40 Td (and ) Tj ET Q q 0 0 0 rg BT 418.06 216.40 Td (live-action\), ) Tj ET Q q 0 0 0 rg BT 469.26 216.40 Td (feature ) Tj ET Q q 0 0 0 rg BT 499.63 216.40 Td (films, ) Tj ET Q q 0 0 0 rg BT 525.30 216.40 Td (direct-to-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 204.40 Td (digital ) Tj ET Q q 0 0 0 rg BT 77.26 204.40 Td (movies, ) Tj ET Q q 0 0 0 rg BT 110.86 204.40 Td (and ) Tj ET Q q 0 0 0 rg BT 127.51 204.40 Td (movies ) Tj ET Q q 0 0 0 rg BT 158.61 204.40 Td (of ) Tj ET Q q 0 0 0 rg BT 169.15 204.40 Td (the ) Tj ET Q q 0 0 0 rg BT 183.58 204.40 Td (week ) Tj ET Q q 0 0 0 rg BT 206.89 204.40 Td (for ) Tj ET Q q 0 0 0 rg BT 220.76 204.40 Td (third ) Tj ET Q q 0 0 0 rg BT 241.86 204.40 Td (parties, ) Tj ET Q q 0 0 0 rg BT 273.23 204.40 Td (and ) Tj ET Q q 0 0 0 rg BT 289.88 204.40 Td (also ) Tj ET Q q 0 0 0 rg BT 308.20 204.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 343.74 204.40 Td (production ) Tj ET Q q 0 0 0 rg BT 389.28 204.40 Td (revenues ) Tj ET Q q 0 0 0 rg BT 427.02 204.40 Td (related ) Tj ET Q q 0 0 0 rg BT 456.44 204.40 Td (to ) Tj ET Q q 0 0 0 rg BT 466.43 204.40 Td (the ) Tj ET Q q 0 0 0 rg BT 480.86 204.40 Td (Company) Tj ET Q q 0 0 0 rg BT 522.52 204.40 Td (s ) Tj ET Q q 0 0 0 rg BT 528.63 204.40 Td (strategic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.40 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 100.88 192.40 Td (including ) Tj ET Q q 0 0 0 rg BT 141.15 192.40 Td (those ) Tj ET Q q 0 0 0 rg BT 164.76 192.40 Td (with ) Tj ET Q q 0 0 0 rg BT 185.04 192.40 Td (Mattel.) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 173.06699218749998 m 134.7587890625 173.06699218749998 l s q 0 0 0 rg BT 49.50 174.40 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 100.90 174.40 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 156.40 Td (DHX ) Tj ET Q q 0 0 0 rg BT 91.29 156.40 Td (Media ) Tj ET Q q 0 0 0 rg BT 118.95 156.40 Td (retains ) Tj ET Q q 0 0 0 rg BT 147.73 156.40 Td (the ) Tj ET Q q 0 0 0 rg BT 162.07 156.40 Td (ownership ) Tj ET Q q 0 0 0 rg BT 205.85 156.40 Td (rights ) Tj ET Q q 0 0 0 rg BT 230.75 156.40 Td (to ) Tj ET Q q 0 0 0 rg BT 240.65 156.40 Td (its ) Tj ET Q q 0 0 0 rg BT 252.21 156.40 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 299.32 156.40 Td (Production ) Tj ET Q q 0 0 0 rg BT 345.33 156.40 Td (titles. ) Tj ET Q q 0 0 0 rg BT 369.39 156.40 Td ( ) Tj ET Q q 0 0 0 rg BT 371.51 156.40 Td (Once ) Tj ET Q q 0 0 0 rg BT 394.73 156.40 Td (a ) Tj ET Q q 0 0 0 rg BT 401.29 156.40 Td (new ) Tj ET Q q 0 0 0 rg BT 420.07 156.40 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 466.62 156.40 Td (production ) Tj ET Q q 0 0 0 rg BT 512.06 156.40 Td (is ) Tj ET Q q 0 0 0 rg BT 520.85 156.40 Td (completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.40 Td (and ) Tj ET Q q 0 0 0 rg BT 65.60 144.40 Td (delivered, ) Tj ET Q q 0 0 0 rg BT 106.96 144.40 Td (the ) Tj ET Q q 0 0 0 rg BT 120.84 144.40 Td (program ) Tj ET Q q 0 0 0 rg BT 156.38 144.40 Td (is ) Tj ET Q q 0 0 0 rg BT 164.71 144.40 Td (included ) Tj ET Q q 0 0 0 rg BT 200.81 144.40 Td (in ) Tj ET Q q 0 0 0 rg BT 210.25 144.40 Td (the ) Tj ET Q q 0 0 0 rg BT 224.13 144.40 Td (Company) Tj ET Q q 0 0 0 rg BT 265.79 144.40 Td (s ) Tj ET Q q 0 0 0 rg BT 271.34 144.40 Td (library) Tj ET Q q 0 0 0 rg BT 297.35 144.40 Td (. ) Tj ET Q q 0 0 0 rg BT 301.51 144.40 Td ( ) Tj ET Q q 0 0 0 rg BT 303.17 144.40 Td (Further ) Tj ET Q q 0 0 0 rg BT 334.27 144.40 Td (licensing ) Tj ET Q q 0 0 0 rg BT 372.04 144.40 Td (of ) Tj ET Q q 0 0 0 rg BT 382.03 144.40 Td (the ) Tj ET Q q 0 0 0 rg BT 395.91 144.40 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 435.89 144.40 Td (rights ) Tj ET Q q 0 0 0 rg BT 460.33 144.40 Td (of ) Tj ET Q q 0 0 0 rg BT 470.32 144.40 Td (the ) Tj ET Q q 0 0 0 rg BT 484.20 144.40 Td (program ) Tj ET Q q 0 0 0 rg BT 519.73 144.40 Td (is ) Tj ET Q q 0 0 0 rg BT 528.07 144.40 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.40 Td (in ) Tj ET Q q 0 0 0 rg BT 59.72 132.40 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 110.50 132.40 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 147.09 132.40 Td (In ) Tj ET Q q 0 0 0 rg BT 157.87 132.40 Td (addition ) Tj ET Q q 0 0 0 rg BT 193.09 132.40 Td (to ) Tj ET Q q 0 0 0 rg BT 203.31 132.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 237.40 132.40 Td (from ) Tj ET Q q 0 0 0 rg BT 259.29 132.40 Td (the ) Tj ET Q q 0 0 0 rg BT 273.95 132.40 Td (licensing ) Tj ET Q q 0 0 0 rg BT 312.50 132.40 Td (of ) Tj ET Q q 0 0 0 rg BT 323.27 132.40 Td (initial ) Tj ET Q q 0 0 0 rg BT 349.05 132.40 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 389.81 132.40 Td (rights, ) Tj ET Q q 0 0 0 rg BT 417.53 132.40 Td (the ) Tj ET Q q 0 0 0 rg BT 432.20 132.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 473.53 132.40 Td (is ) Tj ET Q q 0 0 0 rg BT 482.64 132.40 Td (able ) Tj ET Q q 0 0 0 rg BT 501.74 132.40 Td (to ) Tj ET Q q 0 0 0 rg BT 511.97 132.40 Td (concurrently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.40 Td (generate ) Tj ET Q q 0 0 0 rg BT 86.26 120.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 120.80 120.40 Td (from ) Tj ET Q q 0 0 0 rg BT 143.14 120.40 Td (distributing ) Tj ET Q q 0 0 0 rg BT 192.15 120.40 Td (the ) Tj ET Q q 0 0 0 rg BT 207.26 120.40 Td (series ) Tj ET Q q 0 0 0 rg BT 232.93 120.40 Td (in ) Tj ET Q q 0 0 0 rg BT 243.60 120.40 Td (other ) Tj ET Q q 0 0 0 rg BT 267.05 120.40 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 319.39 120.40 Td (and ) Tj ET Q q 0 0 0 rg BT 336.72 120.40 Td (on ) Tj ET Q q 0 0 0 rg BT 349.62 120.40 Td (other ) Tj ET Q q 0 0 0 rg BT 373.06 120.40 Td (platforms ) Tj ET Q q 0 0 0 rg BT 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448.43 108.40 Td (The ) Tj ET Q q 0 0 0 rg BT 466.46 108.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 507.84 108.40 Td (is ) Tj ET Q q 0 0 0 rg BT 516.99 108.40 Td (also ) Tj ET Q q 0 0 0 rg BT 535.59 108.40 Td (able ) Tj ET Q q 0 0 0 rg BT 554.73 108.40 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.40 Td (obtain ) Tj ET Q q 0 0 0 rg BT 77.00 96.40 Td (the ) Tj ET Q q 0 0 0 rg BT 91.71 96.40 Td (distribution ) Tj ET Q q 0 0 0 rg BT 140.33 96.40 Td (rights ) Tj ET Q q 0 0 0 rg BT 165.60 96.40 Td (of ) Tj ET Q q 0 0 0 rg BT 176.43 96.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 221.70 96.40 Td (produced ) Tj ET Q q 0 0 0 rg BT 261.40 96.40 Td (titles ) Tj ET Q q 0 0 0 rg BT 283.35 96.40 Td (to ) Tj ET Q q 0 0 0 rg BT 293.63 96.40 Td (generate ) Tj ET Q q 0 0 0 rg BT 329.99 96.40 Td (additional ) Tj ET Q q 0 0 0 rg BT 372.48 96.40 Td (distribution ) Tj ET Q q 0 0 0 rg BT 421.09 96.40 Td (revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 78.40 Td (W) Tj ET Q q 0 0 0 rg BT 76.54 78.40 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 111.24 78.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 144.81 78.40 Td (is ) Tj ET Q q 0 0 0 rg BT 153.40 78.40 Td (included ) Tj ET Q q 0 0 0 rg BT 189.76 78.40 Td (as ) Tj ET Q q 0 0 0 rg BT 200.02 78.40 Td (a ) Tj ET Q q 0 0 0 rg BT 206.38 78.40 Td (sub-category ) Tj ET Q q 0 0 0 rg BT 259.95 78.40 Td (of ) Tj ET Q q 0 0 0 rg BT 270.21 78.40 Td (Distribution. ) Tj ET Q q 0 0 0 rg BT 322.97 78.40 Td ( ) Tj ET Q q 0 0 0 rg BT 324.75 78.40 Td (W) Tj ET Q q 0 0 0 rg BT 333.79 78.40 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 368.49 78.40 Td (is ) Tj ET Q q 0 0 0 rg BT 377.09 78.40 Td (our ) Tj ET Q q 0 0 0 rg BT 392.34 78.40 Td (platform ) Tj ET Q q 0 0 0 rg BT 428.70 78.40 Td (of ) Tj ET Q q 0 0 0 rg BT 438.96 78.40 Td (kids) Tj ET Q q 0 0 0 rg BT 458.21 78.40 Td ( ) Tj ET Q q 0 0 0 rg BT 459.71 78.40 Td (A) Tj ET Q q 0 0 0 rg BT 465.65 78.40 Td (VOD ) Tj ET Q q 0 0 0 rg BT 489.24 78.40 Td (channels ) Tj ET Q q 0 0 0 rg BT 526.15 78.40 Td (on ) Tj ET Q q 0 0 0 rg BT 538.07 78.40 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.40 Td (we ) Tj ET Q q 0 0 0 rg BT 62.70 66.40 Td (distribute ) Tj ET Q q 0 0 0 rg BT 102.02 66.40 Td (both ) Tj ET Q q 0 0 0 rg BT 121.34 66.40 Td (our ) Tj ET Q q 0 0 0 rg BT 136.21 66.40 Td (own ) Tj ET Q q 0 0 0 rg BT 154.98 66.40 Td (IP) Tj ET Q q 0 0 0 rg BT 163.50 66.40 Td ( ) Tj ET Q q 0 0 0 rg BT 165.04 66.40 Td (and ) Tj ET Q q 0 0 0 rg BT 181.02 66.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 225.33 66.40 Td (brands ) Tj ET Q q 0 0 0 rg BT 253.53 66.40 Td (on ) Tj ET Q q 0 0 0 rg BT 264.85 66.40 Td (Y) Tj ET Q q 0 0 0 rg BT 271.07 66.40 Td (ouT) Tj ET Q q 0 0 0 rg BT 286.82 66.40 Td (ube. ) Tj ET Q q 0 0 0 rg BT 305.19 66.40 Td (W) Tj ET Q q 0 0 0 rg BT 313.83 66.40 Td (e ) Tj ET Q q 0 0 0 rg BT 319.81 66.40 Td (earn ) Tj ET Q q 0 0 0 rg BT 338.56 66.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 371.75 66.40 Td (derived ) Tj ET Q q 0 0 0 rg BT 403.28 66.40 Td (from ) Tj ET Q q 0 0 0 rg BT 424.26 66.40 Td (advertising ) Tj ET Q q 0 0 0 rg BT 470.24 66.40 Td (on ) Tj ET Q q 0 0 0 rg BT 481.67 66.40 Td (W) Tj ET Q q 0 0 0 rg BT 490.71 66.40 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 525.02 66.40 Td (channels.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 303.50 33.60 Td (5) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 738.7669921875 m 196.873046875 738.7669921875 l s q 0 0 0 rg BT 49.50 740.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 93.11 740.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 102.74 740.10 Td (oducts-Owned ) Tj ET Q q 0 0 0 rg BT 163.01 740.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 722.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 110.10 722.10 Td (Products-Owned ) Tj ET Q q 0 0 0 rg BT 178.80 722.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 211.94 722.10 Td (is ) Tj ET Q q 0 0 0 rg BT 220.10 722.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 248.23 722.10 Td (from ) Tj ET Q q 0 0 0 rg BT 269.16 722.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 306.76 722.10 Td (royalties ) Tj ET Q q 0 0 0 rg BT 342.68 722.10 Td (based ) Tj ET Q q 0 0 0 rg BT 366.94 722.10 Td (on ) Tj ET Q q 0 0 0 rg BT 378.43 722.10 Td (our ) Tj ET Q q 0 0 0 rg BT 393.25 722.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 439.17 722.10 Td (brands ) Tj ET Q q 0 0 0 rg BT 467.32 722.10 Td (\(among ) Tj ET Q q 0 0 0 rg BT 499.36 722.10 Td (others, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 527.79 722.10 Td (Peanuts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 722.10 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 710.10 Td (Strawberry ) Tj ET Q q 0 0 0 rg BT 97.76 710.10 Td (Shortcake, ) Tj ET Q q 0 0 0 rg BT 143.50 710.10 Td (T) Tj ET Q q 0 0 0 rg BT 148.14 710.10 Td (eletubbies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.68 710.10 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 194.44 710.10 Td (Y) Tj ET Q q 0 0 0 rg BT 199.08 710.10 Td (o ) Tj ET Q q 0 0 0 rg BT 207.34 710.10 Td (Gabba ) Tj ET Q q 0 0 0 rg BT 237.82 710.10 Td (Gabba!) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.37 710.10 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 274.13 710.10 Td (Caillou) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.13 710.10 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 309.89 710.10 Td (Johnny ) Tj ET Q q 0 0 0 rg BT 342.02 710.10 Td (T) Tj ET Q q 0 0 0 rg BT 346.67 710.10 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.78 710.10 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 363.53 710.10 Td (In ) Tj ET Q q 0 0 0 rg BT 375.12 710.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.59 710.10 Td (Night ) Tj ET Q q 0 0 0 rg BT 416.08 710.10 Td (Gar) Tj ET Q q 0 0 0 rg BT 431.82 710.10 Td (den, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.01 710.10 Td (and) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 466.45 710.10 Td ( ) Tj ET Q q 0 0 0 rg BT 469.71 710.10 Td (T) Tj ET Q q 0 0 0 rg BT 474.53 710.10 Td (wirlywoos\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.48 710.10 Td ( ) Tj ET Q q 0 0 0 rg BT 524.73 710.10 Td (including ) Tj ET Q q 0 0 0 rg BT 565.01 710.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.10 Td (merchandising, ) Tj ET Q q 0 0 0 rg BT 113.25 698.10 Td (publishing, ) Tj ET Q q 0 0 0 rg BT 160.35 698.10 Td (music ) Tj ET Q q 0 0 0 rg BT 186.61 698.10 Td (rights, ) Tj ET Q q 0 0 0 rg BT 214.26 698.10 Td (live ) Tj ET Q q 0 0 0 rg BT 231.63 698.10 Td (tours ) Tj ET Q q 0 0 0 rg BT 254.01 698.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.82 698.10 Td (themed-events, ) Tj ET Q q 0 0 0 rg BT 334.00 698.10 Td (and ) Tj ET Q q 0 0 0 rg BT 350.82 698.10 Td (interactive ) Tj ET Q q 0 0 0 rg BT 395.39 698.10 Td (games ) Tj ET Q q 0 0 0 rg BT 423.31 698.10 Td (and ) Tj ET Q q 0 0 0 rg BT 440.12 698.10 Td (apps ) Tj ET Q q 0 0 0 rg BT 460.83 698.10 Td (as ) Tj ET Q q 0 0 0 rg BT 471.53 698.10 Td (well ) Tj ET Q q 0 0 0 rg BT 491.12 698.10 Td (as ) Tj ET Q q 0 0 0 rg BT 501.83 698.10 Td (from ) Tj ET Q q 0 0 0 rg BT 523.64 698.10 Td (consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.10 Td (products ) Tj ET Q q 0 0 0 rg BT 86.44 686.10 Td (royalties ) Tj ET Q q 0 0 0 rg BT 123.37 686.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 152.52 686.10 Td (through ) Tj ET Q q 0 0 0 rg BT 186.13 686.10 Td (our ) Tj ET Q q 0 0 0 rg BT 201.96 686.10 Td (strategic ) Tj ET Q q 0 0 0 rg BT 238.33 686.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 263.60 686.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 314.97 686.10 Td (such ) Tj ET Q q 0 0 0 rg BT 335.80 686.10 Td (as ) Tj ET Q q 0 0 0 rg BT 346.63 686.10 Td (with ) Tj ET Q q 0 0 0 rg BT 366.91 686.10 Td (Mattel. ) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 666.7669921875 m 126.0478515625 666.7669921875 l s q 0 0 0 rg BT 49.50 668.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.14 668.10 Td (elevision ) Tj ET Q q 0 0 0 rg BT 92.19 668.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 650.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.84 650.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 127.52 650.10 Td (generates ) Tj ET Q q 0 0 0 rg BT 167.86 650.10 Td (T) Tj ET Q q 0 0 0 rg BT 173.27 650.10 Td (elevision ) Tj ET Q q 0 0 0 rg BT 212.17 650.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 246.61 650.10 Td (through ) Tj ET Q q 0 0 0 rg BT 280.51 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.52 650.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 339.97 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.10 650.10 Td (Family ) Tj ET Q q 0 0 0 rg BT 382.23 650.10 Td (Channel, ) Tj ET Q q 0 0 0 rg BT 420.84 650.10 Td (Family ) Tj ET Q q 0 0 0 rg BT 451.97 650.10 Td (Jr) Tj ET Q q 0 0 0 rg BT 458.79 650.10 Td (, ) Tj ET Q q 0 0 0 rg BT 463.88 650.10 Td (Tlmagino, ) Tj ET Q q 0 0 0 rg BT 516.94 650.10 Td (and ) Tj ET Q q 0 0 0 rg BT 534.17 650.10 Td (Family ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (CHRGD. ) Tj ET Q q 0 0 0 rg BT 88.39 638.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 128.66 638.10 Td (are ) Tj ET Q q 0 0 0 rg BT 142.26 638.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 180.86 638.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 212.23 638.10 Td (through ) Tj ET Q q 0 0 0 rg BT 244.73 638.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 295.01 638.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 312.49 638.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 340.53 638.10 Td (by ) Tj ET Q q 0 0 0 rg BT 351.92 638.10 Td (char) Tj ET Q q 0 0 0 rg BT 368.94 638.10 Td (ging ) Tj ET Q q 0 0 0 rg BT 388.11 638.10 Td (a ) Tj ET Q q 0 0 0 rg BT 393.94 638.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 428.66 638.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 471.15 638.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 484.75 638.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.91 638.10 Td (various ) Tj ET Q q 0 0 0 rg BT 524.74 638.10 Td (Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 72.47 626.10 Td (and ) Tj ET Q q 0 0 0 rg BT 88.79 626.10 Td (satellite ) Tj ET Q q 0 0 0 rg BT 121.76 626.10 Td (television ) Tj ET Q q 0 0 0 rg BT 162.52 626.10 Td (distributors. ) Tj ET Q q 0 0 0 rg BT 212.32 626.10 Td (The ) Tj ET Q q 0 0 0 rg BT 229.74 626.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 266.60 626.10 Td (also ) Tj ET Q q 0 0 0 rg BT 284.59 626.10 Td (generate ) Tj ET Q q 0 0 0 rg BT 320.32 626.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 357.74 626.10 Td (from ) Tj ET Q q 0 0 0 rg BT 379.05 626.10 Td (advertising ) Tj ET Q q 0 0 0 rg BT 425.36 626.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.68 626.10 Td (promotion ) Tj ET Q q 0 0 0 rg BT 485.22 626.10 Td (activities; ) Tj ET Q q 0 0 0 rg BT 525.97 626.10 Td (however) Tj ET Q q 0 0 0 rg BT 560.00 626.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.07 614.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 102.31 614.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.99 614.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 152.88 614.10 Td (are ) Tj ET Q q 0 0 0 rg BT 168.44 614.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 207.33 614.10 Td (to ) Tj ET Q q 0 0 0 rg BT 218.46 614.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 256.25 614.10 Td (to ) Tj ET Q q 0 0 0 rg BT 267.38 614.10 Td (be ) Tj ET Q q 0 0 0 rg BT 280.17 614.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 313.51 614.10 Td (from ) Tj ET Q q 0 0 0 rg BT 336.30 614.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 380.75 614.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 402.70 614.10 Td (In ) Tj ET Q q 0 0 0 rg BT 414.39 614.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 450.51 614.10 Td (to ) Tj ET Q q 0 0 0 rg BT 461.65 614.10 Td (linear ) Tj ET Q q 0 0 0 rg BT 487.76 614.10 Td (television, ) Tj ET Q q 0 0 0 rg BT 532.50 614.10 Td (all ) Tj ET Q q 0 0 0 rg BT 545.85 614.10 Td (four ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 87.04 602.10 Td (have ) Tj ET Q q 0 0 0 rg BT 108.47 602.10 Td (multi-platform ) Tj ET Q q 0 0 0 rg BT 169.90 602.10 Td (applications, ) Tj ET Q q 0 0 0 rg BT 223.28 602.10 Td (which ) Tj ET Q q 0 0 0 rg BT 250.27 602.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 275.05 602.10 Td (for ) Tj ET Q q 0 0 0 rg BT 289.26 602.10 Td (their ) Tj ET Q q 0 0 0 rg BT 310.14 602.10 Td (content ) Tj ET Q q 0 0 0 rg BT 342.13 602.10 Td (to ) Tj ET Q q 0 0 0 rg BT 352.46 602.10 Td (be ) Tj ET Q q 0 0 0 rg BT 364.46 602.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 409.79 602.10 Td (both ) Tj ET Q q 0 0 0 rg BT 430.12 602.10 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 477.66 602.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.65 602.10 Td (streamed ) Tj ET Q q 0 0 0 rg BT 533.30 602.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.30 602.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (supported ) Tj ET Q q 0 0 0 rg BT 91.44 590.10 Td (by ) Tj ET Q q 0 0 0 rg BT 103.94 590.10 Td (websites ) Tj ET Q q 0 0 0 rg BT 140.88 590.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.82 590.10 Td (apps ) Tj ET Q q 0 0 0 rg BT 178.65 590.10 Td (designed ) Tj ET Q q 0 0 0 rg BT 216.69 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 226.97 590.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 257.79 590.10 Td (viewers ) Tj ET Q q 0 0 0 rg BT 291.38 590.10 Td (and ) Tj ET Q q 0 0 0 rg BT 308.32 590.10 Td (support ) Tj ET Q q 0 0 0 rg BT 340.82 590.10 Td (their ) Tj ET Q q 0 0 0 rg BT 361.65 590.10 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 391.92 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 402.20 590.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.92 590.10 Td (brands. ) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 570.7669921875 m 217.595703125 570.7669921875 l s q 0 0 0 rg BT 49.50 572.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 93.11 572.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 102.74 572.10 Td (oducts-Repr) Tj ET Q q 0 0 0 rg BT 151.25 572.10 Td (esented ) Tj ET Q q 0 0 0 rg BT 183.73 572.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 554.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 111.23 554.10 Td (Products-Represented ) Tj ET Q q 0 0 0 rg BT 201.60 554.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 237.54 554.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 275.70 554.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 304.96 554.10 Td (from ) Tj ET Q q 0 0 0 rg BT 327.02 554.10 Td (CPLG. ) Tj ET Q q 0 0 0 rg BT 357.70 554.10 Td (CPLG ) Tj ET Q q 0 0 0 rg BT 385.88 554.10 Td (is ) Tj ET Q q 0 0 0 rg BT 395.17 554.10 Td (a ) Tj ET Q q 0 0 0 rg BT 402.23 554.10 Td (wholly ) Tj ET Q q 0 0 0 rg BT 432.62 554.10 Td (owned ) Tj ET Q q 0 0 0 rg BT 461.90 554.10 Td (agency ) Tj ET Q q 0 0 0 rg BT 492.84 554.10 Td (business ) Tj ET Q q 0 0 0 rg BT 529.35 554.10 Td (based ) Tj ET Q q 0 0 0 rg BT 554.73 554.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 80.24 542.10 Td (that ) Tj ET Q q 0 0 0 rg BT 97.10 542.10 Td (earns ) Tj ET Q q 0 0 0 rg BT 120.06 542.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 174.14 542.10 Td (on ) Tj ET Q q 0 0 0 rg BT 186.01 542.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 226.75 542.10 Td (products ) Tj ET Q q 0 0 0 rg BT 263.05 542.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 301.01 542.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 348.40 542.10 Td (from ) Tj ET Q q 0 0 0 rg BT 369.71 542.10 Td (DHX ) Tj ET Q q 0 0 0 rg BT 393.23 542.10 Td (Media) Tj ET Q q 0 0 0 rg BT 421.56 542.10 Td (s ) Tj ET Q q 0 0 0 rg BT 427.31 542.10 Td (own ) Tj ET Q q 0 0 0 rg BT 446.39 542.10 Td (brands ) Tj ET Q q 0 0 0 rg BT 474.92 542.10 Td (and ) Tj ET Q q 0 0 0 rg BT 491.22 542.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 535.84 542.10 Td (brands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.10 Td (from ) Tj ET Q q 0 0 0 rg BT 71.44 530.10 Td (film ) Tj ET Q q 0 0 0 rg BT 90.60 530.10 Td (studios ) Tj ET Q q 0 0 0 rg BT 121.44 530.10 Td (and ) Tj ET Q q 0 0 0 rg BT 138.38 530.10 Td (other ) Tj ET Q q 0 0 0 rg BT 161.43 530.10 Td (independent ) Tj ET Q q 0 0 0 rg BT 212.80 530.10 Td (IP) Tj ET Q q 0 0 0 rg BT 221.32 530.10 Td ( ) Tj ET Q q 0 0 0 rg BT 223.82 530.10 Td (owners.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 510.90 Td (Strategy ) Tj ET Q q 0 0 0 rg BT 91.96 510.90 Td (and ) Tj ET Q q 0 0 0 rg BT 112.44 510.90 Td (Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 492.90 Td (The ) Tj ET Q q 0 0 0 rg BT 85.78 492.90 Td (first ) Tj ET Q q 0 0 0 rg BT 104.62 492.90 Td (quarter ) Tj ET Q q 0 0 0 rg BT 135.67 492.90 Td (of ) Tj ET Q q 0 0 0 rg BT 146.74 492.90 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 171.13 492.90 Td (2019 ) Tj ET Q q 0 0 0 rg BT 193.86 492.90 Td (continued ) Tj ET Q q 0 0 0 rg BT 236.03 492.90 Td (to ) Tj ET Q q 0 0 0 rg BT 246.54 492.90 Td (be ) Tj ET Q q 0 0 0 rg BT 258.72 492.90 Td (a ) Tj ET Q q 0 0 0 rg BT 265.89 492.90 Td (period ) Tj ET Q q 0 0 0 rg BT 294.17 492.90 Td (of ) Tj ET Q q 0 0 0 rg BT 305.23 492.90 Td (transition ) Tj ET Q q 0 0 0 rg BT 345.74 492.90 Td (as ) Tj ET Q q 0 0 0 rg BT 356.81 492.90 Td (we ) Tj ET Q q 0 0 0 rg BT 371.20 492.90 Td (reshape ) Tj ET Q q 0 0 0 rg BT 404.47 492.90 Td (the ) Tj ET Q q 0 0 0 rg BT 419.42 492.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 461.04 492.90 Td (and ) Tj ET Q q 0 0 0 rg BT 478.22 492.90 Td (reset ) Tj ET Q q 0 0 0 rg BT 499.83 492.90 Td (our ) Tj ET Q q 0 0 0 rg BT 515.89 492.90 Td (priorities ) Tj ET Q q 0 0 0 rg BT 554.73 492.90 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.90 Td (return ) Tj ET Q q 0 0 0 rg BT 75.42 480.90 Td (to ) Tj ET Q q 0 0 0 rg BT 85.24 480.90 Td (sustainable ) Tj ET Q q 0 0 0 rg BT 131.72 480.90 Td (growth ) Tj ET Q q 0 0 0 rg BT 162.09 480.90 Td (and ) Tj ET Q q 0 0 0 rg BT 178.57 480.90 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 218.92 480.90 Td (on ) Tj ET Q q 0 0 0 rg BT 230.97 480.90 Td (the ) Tj ET Q q 0 0 0 rg BT 245.23 480.90 Td (changing ) Tj ET Q q 0 0 0 rg BT 283.93 480.90 Td (market ) Tj ET Q q 0 0 0 rg BT 313.73 480.90 Td (environment ) Tj ET Q q 0 0 0 rg BT 366.32 480.90 Td (for ) Tj ET Q q 0 0 0 rg BT 380.02 480.90 Td (kids) Tj ET Q q 0 0 0 rg BT 399.28 480.90 Td ( ) Tj ET Q q 0 0 0 rg BT 401.32 480.90 Td (content. ) Tj ET Q q 0 0 0 rg BT 435.30 480.90 Td (Our ) Tj ET Q q 0 0 0 rg BT 452.90 480.90 Td (content-driven ) Tj ET Q q 0 0 0 rg BT 513.25 480.90 Td (strategy ) Tj ET Q q 0 0 0 rg BT 546.95 480.90 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.90 Td (refined ) Tj ET Q q 0 0 0 rg BT 80.32 468.90 Td (to ) Tj ET Q q 0 0 0 rg BT 90.59 468.90 Td (focus ) Tj ET Q q 0 0 0 rg BT 114.75 468.90 Td (on ) Tj ET Q q 0 0 0 rg BT 127.25 468.90 Td (our ) Tj ET Q q 0 0 0 rg BT 143.08 468.90 Td (key ) Tj ET Q q 0 0 0 rg BT 160.02 468.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 185.85 468.90 Td (in ) Tj ET Q q 0 0 0 rg BT 196.13 468.90 Td (order ) Tj ET Q q 0 0 0 rg BT 219.73 468.90 Td (to ) Tj ET Q q 0 0 0 rg BT 230.01 468.90 Td (benefit ) Tj ET Q q 0 0 0 rg BT 260.27 468.90 Td (from ) Tj ET Q q 0 0 0 rg BT 282.21 468.90 Td (the ) Tj ET Q q 0 0 0 rg BT 296.93 468.90 Td (lar) Tj ET Q q 0 0 0 rg BT 307.29 468.90 Td (gest ) Tj ET Q q 0 0 0 rg BT 325.90 468.90 Td (market ) Tj ET Q q 0 0 0 rg BT 356.17 468.90 Td (opportunities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 450.90 Td (As ) Tj ET Q q 0 0 0 rg BT 81.14 450.90 Td (a ) Tj ET Q q 0 0 0 rg BT 88.10 450.90 Td (content ) Tj ET Q q 0 0 0 rg BT 120.05 450.90 Td (producer) Tj ET Q q 0 0 0 rg BT 155.19 450.90 Td (, ) Tj ET Q q 0 0 0 rg BT 160.21 450.90 Td (distributor ) Tj ET Q q 0 0 0 rg BT 204.40 450.90 Td (and ) Tj ET Q q 0 0 0 rg BT 221.36 450.90 Td (IP) Tj ET Q q 0 0 0 rg BT 229.88 450.90 Td ( ) Tj ET Q q 0 0 0 rg BT 232.40 450.90 Td (owner) Tj ET Q q 0 0 0 rg BT 256.99 450.90 Td (, ) Tj ET Q q 0 0 0 rg BT 262.01 450.90 Td (DHX ) Tj ET Q q 0 0 0 rg BT 286.20 450.90 Td (Media ) Tj ET Q q 0 0 0 rg BT 314.27 450.90 Td (continues ) Tj ET Q q 0 0 0 rg BT 355.11 450.90 Td (to ) Tj ET Q q 0 0 0 rg BT 365.42 450.90 Td (be ) Tj ET Q q 0 0 0 rg BT 377.38 450.90 Td (focused ) Tj ET Q q 0 0 0 rg BT 411.00 450.90 Td (on ) Tj ET Q q 0 0 0 rg BT 423.52 450.90 Td (the ) Tj ET Q q 0 0 0 rg BT 438.26 450.90 Td (multiple ) Tj ET Q q 0 0 0 rg BT 474.11 450.90 Td (ways ) Tj ET Q q 0 0 0 rg BT 497.18 450.90 Td (in ) Tj ET Q q 0 0 0 rg BT 507.48 450.90 Td (which ) Tj ET Q q 0 0 0 rg BT 534.44 450.90 Td (we ) Tj ET Q q 0 0 0 rg BT 548.63 450.90 Td (can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.90 Td (monetize ) Tj ET Q q 0 0 0 rg BT 88.20 438.90 Td (this ) Tj ET Q q 0 0 0 rg BT 104.69 438.90 Td (content, ) Tj ET Q q 0 0 0 rg BT 138.67 438.90 Td (including ) Tj ET Q q 0 0 0 rg BT 178.49 438.90 Td (producing ) Tj ET Q q 0 0 0 rg BT 221.08 438.90 Td (and ) Tj ET Q q 0 0 0 rg BT 237.57 438.90 Td (distributing ) Tj ET Q q 0 0 0 rg BT 285.73 438.90 Td (shows ) Tj ET Q q 0 0 0 rg BT 312.78 438.90 Td (that ) Tj ET Q q 0 0 0 rg BT 329.82 438.90 Td (kids ) Tj ET Q q 0 0 0 rg BT 348.53 438.90 Td (love ) Tj ET Q q 0 0 0 rg BT 367.80 438.90 Td (across ) Tj ET Q q 0 0 0 rg BT 394.83 438.90 Td (all ) Tj ET Q q 0 0 0 rg BT 406.87 438.90 Td (media ) Tj ET Q q 0 0 0 rg BT 433.35 438.90 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 476.22 438.90 Td (and ) Tj ET Q q 0 0 0 rg BT 492.71 438.90 Td (deriving ) Tj ET Q q 0 0 0 rg BT 528.08 438.90 Td (royalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.90 Td (from ) Tj ET Q q 0 0 0 rg BT 71.44 426.90 Td (consumer ) Tj ET Q q 0 0 0 rg BT 112.82 426.90 Td (products ) Tj ET Q q 0 0 0 rg BT 149.75 426.90 Td (based ) Tj ET Q q 0 0 0 rg BT 175.02 426.90 Td (on ) Tj ET Q q 0 0 0 rg BT 187.52 426.90 Td (our ) Tj ET Q q 0 0 0 rg BT 203.35 426.90 Td (shows ) Tj ET Q q 0 0 0 rg BT 230.86 426.90 Td (and ) Tj ET Q q 0 0 0 rg BT 247.80 426.90 Td (brands.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 407.5669921875 m 165.8671875 407.5669921875 l s q 0 0 0 rg BT 49.50 408.90 Td (Evolving ) Tj ET Q q 0 0 0 rg BT 88.67 408.90 Td (Market ) Tj ET Q q 0 0 0 rg BT 120.04 408.90 Td (for ) Tj ET Q q 0 0 0 rg BT 134.20 408.90 Td (Content) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 390.90 Td (As ) Tj ET Q q 0 0 0 rg BT 81.55 390.90 Td (the ) Tj ET Q q 0 0 0 rg BT 96.70 390.90 Td (market ) Tj ET Q q 0 0 0 rg BT 127.40 390.90 Td (for ) Tj ET Q q 0 0 0 rg BT 141.99 390.90 Td (content ) Tj ET Q q 0 0 0 rg BT 174.36 390.90 Td (expands ) Tj ET Q q 0 0 0 rg BT 210.06 390.90 Td (and ) Tj ET Q q 0 0 0 rg BT 227.44 390.90 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 263.42 390.90 Td (major ) Tj ET Q q 0 0 0 rg BT 289.68 390.90 Td (streaming ) Tj ET Q q 0 0 0 rg BT 332.05 390.90 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 375.81 390.90 Td (such ) Tj ET Q q 0 0 0 rg BT 397.07 390.90 Td (as ) Tj ET Q q 0 0 0 rg BT 408.33 390.90 Td (Netflix, ) Tj ET Q q 0 0 0 rg BT 441.45 390.90 Td (Amazon, ) Tj ET Q q 0 0 0 rg BT 480.76 390.90 Td (Hulu ) Tj ET Q q 0 0 0 rg BT 503.69 390.90 Td (and ) Tj ET Q q 0 0 0 rg BT 520.42 390.90 Td (Apple, ) Tj ET Q q 0 0 0 rg BT 550.29 390.90 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.90 Td (investing ) Tj ET Q q 0 0 0 rg BT 88.81 378.90 Td (in ) Tj ET Q q 0 0 0 rg BT 99.23 378.90 Td (lar) Tj ET Q q 0 0 0 rg BT 109.59 378.90 Td (ger) Tj ET Q q 0 0 0 rg BT 122.16 378.90 Td (-budget, ) Tj ET Q q 0 0 0 rg BT 157.85 378.90 Td (premium ) Tj ET Q q 0 0 0 rg BT 196.59 378.90 Td (original ) Tj ET Q q 0 0 0 rg BT 230.34 378.90 Td (shows, ) Tj ET Q q 0 0 0 rg BT 260.49 378.90 Td (often ) Tj ET Q q 0 0 0 rg BT 283.67 378.90 Td (based ) Tj ET Q q 0 0 0 rg BT 309.08 378.90 Td (on ) Tj ET Q q 0 0 0 rg BT 321.73 378.90 Td (established ) Tj ET Q q 0 0 0 rg BT 368.80 378.90 Td (brands. ) Tj ET Q q 0 0 0 rg BT 400.02 378.90 Td (At ) Tj ET Q q 0 0 0 rg BT 412.66 378.90 Td (the ) Tj ET Q q 0 0 0 rg BT 427.52 378.90 Td (same ) Tj ET Q q 0 0 0 rg BT 450.71 378.90 Td (time, ) Tj ET Q q 0 0 0 rg BT 473.23 378.90 Td (Y) Tj ET Q q 0 0 0 rg BT 479.45 378.90 Td (ouT) Tj ET Q q 0 0 0 rg BT 495.21 378.90 Td (ube ) Tj ET Q q 0 0 0 rg BT 512.29 378.90 Td (has ) Tj ET Q q 0 0 0 rg BT 528.26 378.90 Td (emer) Tj ET Q q 0 0 0 rg BT 548.07 378.90 Td (ged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.90 Td (as ) Tj ET Q q 0 0 0 rg BT 60.33 366.90 Td (one ) Tj ET Q q 0 0 0 rg BT 77.27 366.90 Td (of ) Tj ET Q q 0 0 0 rg BT 88.10 366.90 Td (the ) Tj ET Q q 0 0 0 rg BT 102.82 366.90 Td (most ) Tj ET Q q 0 0 0 rg BT 124.76 366.90 Td (popular ) Tj ET Q q 0 0 0 rg BT 157.81 366.90 Td (destinations ) Tj ET Q q 0 0 0 rg BT 208.08 366.90 Td (for ) Tj ET Q q 0 0 0 rg BT 222.24 366.90 Td (short-form ) Tj ET Q q 0 0 0 rg BT 267.51 366.90 Td (kids) Tj ET Q q 0 0 0 rg BT 286.77 366.90 Td ( ) Tj ET Q q 0 0 0 rg BT 289.27 366.90 Td (entertainment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 348.90 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 348.90 Td (o ) Tj ET Q q 0 0 0 rg BT 80.05 348.90 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 120.50 348.90 Td (on ) Tj ET Q q 0 0 0 rg BT 132.65 348.90 Td (these ) Tj ET Q q 0 0 0 rg BT 155.34 348.90 Td (two ) Tj ET Q q 0 0 0 rg BT 172.48 348.90 Td (significant ) Tj ET Q q 0 0 0 rg BT 216.84 348.90 Td (segments ) Tj ET Q q 0 0 0 rg BT 256.20 348.90 Td (of ) Tj ET Q q 0 0 0 rg BT 266.67 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 281.03 348.90 Td (market, ) Tj ET Q q 0 0 0 rg BT 313.44 348.90 Td (we ) Tj ET Q q 0 0 0 rg BT 327.24 348.90 Td (are ) Tj ET Q q 0 0 0 rg BT 341.59 348.90 Td (leveraging ) Tj ET Q q 0 0 0 rg BT 385.94 348.90 Td (our ) Tj ET Q q 0 0 0 rg BT 401.41 348.90 Td (position ) Tj ET Q q 0 0 0 rg BT 435.78 348.90 Td (as ) Tj ET Q q 0 0 0 rg BT 446.25 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 460.62 348.90 Td (owner ) Tj ET Q q 0 0 0 rg BT 487.75 348.90 Td (of ) Tj ET Q q 0 0 0 rg BT 498.22 348.90 Td (both ) Tj ET Q q 0 0 0 rg BT 518.14 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 532.50 348.90 Td (world) Tj ET Q q 0 0 0 rg BT 558.61 348.90 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.90 Td (lar) Tj ET Q q 0 0 0 rg BT 59.87 336.90 Td (gest ) Tj ET Q q 0 0 0 rg BT 79.31 336.90 Td (independent ) Tj ET Q q 0 0 0 rg BT 131.52 336.90 Td (library ) Tj ET Q q 0 0 0 rg BT 161.52 336.90 Td (of ) Tj ET Q q 0 0 0 rg BT 173.19 336.90 Td (children) Tj ET Q q 0 0 0 rg BT 208.73 336.90 Td (s ) Tj ET Q q 0 0 0 rg BT 215.96 336.90 Td (content, ) Tj ET Q q 0 0 0 rg BT 251.23 336.90 Td (currently ) Tj ET Q q 0 0 0 rg BT 290.67 336.90 Td (comprising ) Tj ET Q q 0 0 0 rg BT 339.00 336.90 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.11 336.90 Td (13,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.61 336.90 Td ( ) Tj ET Q q 0 0 0 rg BT 390.95 336.90 Td (half-hours, ) Tj ET Q q 0 0 0 rg BT 437.88 336.90 Td (and ) Tj ET Q q 0 0 0 rg BT 455.66 336.90 Td (of ) Tj ET Q q 0 0 0 rg BT 467.09 336.90 Td (W) Tj ET Q q 0 0 0 rg BT 476.13 336.90 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 514.74 336.90 Td (our ) Tj ET Q q 0 0 0 rg BT 531.41 336.90 Td (market-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.90 Td (leading ) Tj ET Q q 0 0 0 rg BT 80.95 324.90 Td (network ) Tj ET Q q 0 0 0 rg BT 115.74 324.90 Td (of ) Tj ET Q q 0 0 0 rg BT 126.08 324.90 Td (kids) Tj ET Q q 0 0 0 rg BT 145.34 324.90 Td ( ) Tj ET Q q 0 0 0 rg BT 147.36 324.90 Td (videos ) Tj ET Q q 0 0 0 rg BT 175.48 324.90 Td (on ) Tj ET Q q 0 0 0 rg BT 187.20 324.90 Td (Y) Tj ET Q q 0 0 0 rg BT 193.42 324.90 Td (ouT) Tj ET Q q 0 0 0 rg BT 209.18 324.90 Td (ube, ) Tj ET Q q 0 0 0 rg BT 228.13 324.90 Td (in ) Tj ET Q q 0 0 0 rg BT 237.93 324.90 Td (order ) Tj ET Q q 0 0 0 rg BT 261.04 324.90 Td (to ) Tj ET Q q 0 0 0 rg BT 270.84 324.90 Td (address ) Tj ET Q q 0 0 0 rg BT 302.84 324.90 Td (the ) Tj ET Q q 0 0 0 rg BT 317.08 324.90 Td (growing ) Tj ET Q q 0 0 0 rg BT 352.42 324.90 Td (markets ) Tj ET Q q 0 0 0 rg BT 386.10 324.90 Td (for ) Tj ET Q q 0 0 0 rg BT 399.77 324.90 Td (premium ) Tj ET Q q 0 0 0 rg BT 437.89 324.90 Td (content ) Tj ET Q q 0 0 0 rg BT 469.34 324.90 Td (and ) Tj ET Q q 0 0 0 rg BT 485.80 324.90 Td (short-form ) Tj ET Q q 0 0 0 rg BT 530.58 324.90 Td (content, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.90 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 312.90 Td (. ) Tj ET Q q 0 0 0 rg BT 102.16 312.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 293.5669921875 m 387.2099609375 293.5669921875 l s q 0 0 0 rg BT 49.50 294.90 Td (Content ) Tj ET Q q 0 0 0 rg BT 83.67 294.90 Td (Strategy ) Tj ET Q q 0 0 0 rg BT 119.49 294.90 Td (- ) Tj ET Q q 0 0 0 rg BT 125.32 294.90 Td (Focused ) Tj ET Q q 0 0 0 rg BT 161.15 294.90 Td (on ) Tj ET Q q 0 0 0 rg BT 173.65 294.90 Td (Producing ) Tj ET Q q 0 0 0 rg BT 217.26 294.90 Td (Premium ) Tj ET Q q 0 0 0 rg BT 256.42 294.90 Td (Content ) Tj ET Q q 0 0 0 rg BT 290.59 294.90 Td (and ) Tj ET Q q 0 0 0 rg BT 307.53 294.90 Td (Growing ) Tj ET Q q 0 0 0 rg BT 345.40 294.90 Td (W) Tj ET Q q 0 0 0 rg BT 354.44 294.90 Td (ildBrain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 276.90 Td (Building ) Tj ET Q q 0 0 0 rg BT 105.34 276.90 Td (content-driven ) Tj ET Q q 0 0 0 rg BT 166.48 276.90 Td (brands ) Tj ET Q q 0 0 0 rg BT 195.97 276.90 Td (is ) Tj ET Q q 0 0 0 rg BT 205.47 276.90 Td (at ) Tj ET Q q 0 0 0 rg BT 215.52 276.90 Td (the ) Tj ET Q q 0 0 0 rg BT 230.57 276.90 Td (heart ) Tj ET Q q 0 0 0 rg BT 253.39 276.90 Td (of ) Tj ET Q q 0 0 0 rg BT 264.55 276.90 Td (DHX ) Tj ET Q q 0 0 0 rg BT 289.05 276.90 Td (Media) Tj ET Q q 0 0 0 rg BT 317.37 276.90 Td (s ) Tj ET Q q 0 0 0 rg BT 324.10 276.90 Td (business. ) Tj ET Q q 0 0 0 rg BT 363.32 276.90 Td (Management ) Tj ET Q q 0 0 0 rg BT 418.35 276.90 Td (is ) Tj ET Q q 0 0 0 rg BT 427.86 276.90 Td (committed ) Tj ET Q q 0 0 0 rg BT 473.46 276.90 Td (to ) Tj ET Q q 0 0 0 rg BT 484.07 276.90 Td (returning ) Tj ET Q q 0 0 0 rg BT 523.55 276.90 Td (to ) Tj ET Q q 0 0 0 rg BT 534.17 276.90 Td (growth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.90 Td (by ) Tj ET Q q 0 0 0 rg BT 61.82 264.90 Td (executing ) Tj ET Q q 0 0 0 rg BT 103.01 264.90 Td (on ) Tj ET Q q 0 0 0 rg BT 115.33 264.90 Td (a ) Tj ET Q q 0 0 0 rg BT 122.09 264.90 Td (disciplined ) Tj ET Q q 0 0 0 rg BT 168.30 264.90 Td (strategy ) Tj ET Q q 0 0 0 rg BT 202.27 264.90 Td (aimed ) Tj ET Q q 0 0 0 rg BT 229.03 264.90 Td (at ) Tj ET Q q 0 0 0 rg BT 238.56 264.90 Td (generating ) Tj ET Q q 0 0 0 rg BT 283.09 264.90 Td (attractive ) Tj ET Q q 0 0 0 rg BT 322.61 264.90 Td (returns ) Tj ET Q q 0 0 0 rg BT 352.69 264.90 Td (on ) Tj ET Q q 0 0 0 rg BT 365.02 264.90 Td (invested ) Tj ET Q q 0 0 0 rg BT 400.66 264.90 Td (capital, ) Tj ET Q q 0 0 0 rg BT 432.13 264.90 Td (improving ) Tj ET Q q 0 0 0 rg BT 476.12 264.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 496.21 264.90 Td (flow ) Tj ET Q q 0 0 0 rg BT 516.86 264.90 Td (and ) Tj ET Q q 0 0 0 rg BT 533.62 264.90 Td (driving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.90 Td (or) Tj ET Q q 0 0 0 rg BT 57.65 252.90 Td (ganic ) Tj ET Q q 0 0 0 rg BT 81.80 252.90 Td (growth. ) Tj ET Q q 0 0 0 rg BT 114.95 252.90 Td (T) Tj ET Q q 0 0 0 rg BT 120.36 252.90 Td (o ) Tj ET Q q 0 0 0 rg BT 127.86 252.90 Td (that ) Tj ET Q q 0 0 0 rg BT 145.36 252.90 Td (end, ) Tj ET Q q 0 0 0 rg BT 164.80 252.90 Td (our ) Tj ET Q q 0 0 0 rg BT 180.63 252.90 Td (strategy ) Tj ET Q q 0 0 0 rg BT 214.78 252.90 Td (has ) Tj ET Q q 0 0 0 rg BT 230.61 252.90 Td (evolved ) Tj ET Q q 0 0 0 rg BT 264.77 252.90 Td (to ) Tj ET Q q 0 0 0 rg BT 275.05 252.90 Td (build ) Tj ET Q q 0 0 0 rg BT 298.10 252.90 Td (brands ) Tj ET Q q 0 0 0 rg BT 327.26 252.90 Td (guided ) Tj ET Q q 0 0 0 rg BT 356.98 252.90 Td (by ) Tj ET Q q 0 0 0 rg BT 369.48 252.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.20 252.90 Td (following ) Tj ET Q q 0 0 0 rg BT 425.58 252.90 Td (key ) Tj ET Q q 0 0 0 rg BT 442.52 252.90 Td (priorities: ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 234.90 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 234.90 Td (Developing ) Tj ET Q q 0 0 0 rg BT 115.39 234.90 Td (New) Tj ET Q q 0 0 0 rg BT 132.43 234.90 Td (, ) Tj ET Q q 0 0 0 rg BT 136.72 234.90 Td (and ) Tj ET Q q 0 0 0 rg BT 153.52 234.90 Td (Revitalizing ) Tj ET Q q 0 0 0 rg BT 203.09 234.90 Td (Classic ) Tj ET Q q 0 0 0 rg BT 234.33 234.90 Td (Brands ) Tj ET Q q 0 0 0 rg BT 265.02 234.90 Td (with ) Tj ET Q q 0 0 0 rg BT 284.04 234.90 Td (Content ) Tj ET Q q 0 0 0 rg BT 317.50 234.90 Td (on ) Tj ET Q q 0 0 0 rg BT 329.30 234.90 Td (W) Tj ET Q q 0 0 0 rg BT 337.08 234.90 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 372.21 234.90 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.34 234.90 Td (Invest ) Tj ET Q q 0 0 0 rg BT 403.57 234.90 Td (in ) Tj ET Q q 0 0 0 rg BT 413.15 234.90 Td (more, ) Tj ET Q q 0 0 0 rg BT 437.99 234.90 Td (lower) Tj ET Q q 0 0 0 rg BT 460.56 234.90 Td (-cost ) Tj ET Q q 0 0 0 rg BT 481.80 234.90 Td (short-form ) Tj ET Q q 0 0 0 rg BT 526.10 234.90 Td (Y) Tj ET Q q 0 0 0 rg BT 532.32 234.90 Td (ouT) Tj ET Q q 0 0 0 rg BT 548.07 234.90 Td (ube ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 222.90 Td (content ) Tj ET Q q 0 0 0 rg BT 99.42 222.90 Td (to ) Tj ET Q q 0 0 0 rg BT 109.68 222.90 Td (deliver ) Tj ET Q q 0 0 0 rg BT 139.93 222.90 Td (rapid ) Tj ET Q q 0 0 0 rg BT 162.96 222.90 Td (returns ) Tj ET Q q 0 0 0 rg BT 193.22 222.90 Td (on ) Tj ET Q q 0 0 0 rg BT 205.70 222.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 252.07 222.90 Td (by ) Tj ET Q q 0 0 0 rg BT 264.56 222.90 Td (leveraging ) Tj ET Q q 0 0 0 rg BT 309.24 222.90 Td (data ) Tj ET Q q 0 0 0 rg BT 328.38 222.90 Td (from ) Tj ET Q q 0 0 0 rg BT 350.13 222.90 Td (W) Tj ET Q q 0 0 0 rg BT 359.17 222.90 Td (ildBrain's ) Tj ET Q q 0 0 0 rg BT 400.12 222.90 Td (2.4 ) Tj ET Q q 0 0 0 rg BT 415.10 222.90 Td (billion ) Tj ET Q q 0 0 0 rg BT 443.70 222.90 Td (monthly ) Tj ET Q q 0 0 0 rg BT 479.52 222.90 Td (views ) Tj ET Q q 0 0 0 rg BT 505.34 222.90 Td (and ) Tj ET Q q 0 0 0 rg BT 522.26 222.90 Td (more ) Tj ET Q q 0 0 0 rg BT 545.29 222.90 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 210.90 Td (65 ) Tj ET Q q 0 0 0 rg BT 80.00 210.90 Td (million ) Tj ET Q q 0 0 0 rg BT 111.39 210.90 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 158.88 210.90 Td (to ) Tj ET Q q 0 0 0 rg BT 169.16 210.90 Td (create ) Tj ET Q q 0 0 0 rg BT 195.52 210.90 Td (and ) Tj ET Q q 0 0 0 rg BT 212.46 210.90 Td (develop ) Tj ET Q q 0 0 0 rg BT 246.62 210.90 Td (global ) Tj ET Q q 0 0 0 rg BT 274.11 210.90 Td (brands; ) Tj ET Q q 0 0 0 rg BT 306.05 210.90 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.90 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 192.90 Td (Developing ) Tj ET Q q 0 0 0 rg BT 116.50 192.90 Td (Pr) Tj ET Q q 0 0 0 rg BT 126.12 192.90 Td (emium ) Tj ET Q q 0 0 0 rg BT 155.69 192.90 Td (Kids) Tj ET Q q 0 0 0 rg BT 176.25 192.90 Td ( ) Tj ET Q q 0 0 0 rg BT 179.15 192.90 Td (Content ) Tj ET Q q 0 0 0 rg BT 213.72 192.90 Td (to ) Tj ET Q q 0 0 0 rg BT 224.40 192.90 Td (Build ) Tj ET Q q 0 0 0 rg BT 248.96 192.90 Td (Franchise ) Tj ET Q q 0 0 0 rg BT 292.41 192.90 Td (Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.30 192.90 Td ( ) Tj ET Q q 0 0 0 rg BT 324.21 192.90 Td (- ) Tj ET Q q 0 0 0 rg BT 330.44 192.90 Td (Prioritize ) Tj ET Q q 0 0 0 rg BT 370.55 192.90 Td (new ) Tj ET Q q 0 0 0 rg BT 390.11 192.90 Td (content ) Tj ET Q q 0 0 0 rg BT 422.45 192.90 Td (development ) Tj ET Q q 0 0 0 rg BT 477.00 192.90 Td (on ) Tj ET Q q 0 0 0 rg BT 489.90 192.90 Td (premium, ) Tj ET Q q 0 0 0 rg BT 531.41 192.90 Td (original ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 180.90 Td (long-form ) Tj ET Q q 0 0 0 rg BT 111.24 180.90 Td (series ) Tj ET Q q 0 0 0 rg BT 137.21 180.90 Td (to ) Tj ET Q q 0 0 0 rg BT 148.18 180.90 Td (meet ) Tj ET Q q 0 0 0 rg BT 170.81 180.90 Td (rising ) Tj ET Q q 0 0 0 rg BT 196.78 180.90 Td (demand ) Tj ET Q q 0 0 0 rg BT 231.63 180.90 Td (from ) Tj ET Q q 0 0 0 rg BT 254.26 180.90 Td (major ) Tj ET Q q 0 0 0 rg BT 280.78 180.90 Td (streaming ) Tj ET Q q 0 0 0 rg BT 323.41 180.90 Td (platforms ) Tj ET Q q 0 0 0 rg BT 364.93 180.90 Td (for ) Tj ET Q q 0 0 0 rg BT 379.79 180.90 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 420.75 180.90 Td (programming; ) Tj ET Q q 0 0 0 rg BT 481.15 180.90 Td (develop ) Tj ET Q q 0 0 0 rg BT 516.00 180.90 Td (and ) Tj ET Q q 0 0 0 rg BT 533.64 180.90 Td (expand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 168.90 Td (global ) Tj ET Q q 0 0 0 rg BT 95.00 168.90 Td (franchise ) Tj ET Q q 0 0 0 rg BT 134.14 168.90 Td (brands ) Tj ET Q q 0 0 0 rg BT 163.30 168.90 Td (supported ) Tj ET Q q 0 0 0 rg BT 205.24 168.90 Td (by ) Tj ET Q q 0 0 0 rg BT 217.74 168.90 Td (new ) Tj ET Q q 0 0 0 rg BT 236.90 168.90 Td (premium ) Tj ET Q q 0 0 0 rg BT 275.50 168.90 Td (content ) Tj ET Q q 0 0 0 rg BT 307.44 168.90 Td (to ) Tj ET Q q 0 0 0 rg BT 317.71 168.90 Td (drive ) Tj ET Q q 0 0 0 rg BT 340.76 168.90 Td (consumer ) Tj ET Q q 0 0 0 rg BT 382.14 168.90 Td (products ) Tj ET Q q 0 0 0 rg BT 419.08 168.90 Td (royalties. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 150.90 Td (During ) Tj ET Q q 0 0 0 rg BT 99.05 150.90 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 126.16 150.90 Td (2018, ) Tj ET Q q 0 0 0 rg BT 151.87 150.90 Td (we ) Tj ET Q q 0 0 0 rg BT 166.75 150.90 Td (began ) Tj ET Q q 0 0 0 rg BT 193.85 150.90 Td (to ) Tj ET Q q 0 0 0 rg BT 204.85 150.90 Td (shift ) Tj ET Q q 0 0 0 rg BT 225.85 150.90 Td (the ) Tj ET Q q 0 0 0 rg BT 241.28 150.90 Td (business ) Tj ET Q q 0 0 0 rg BT 278.39 150.90 Td (and ) Tj ET Q q 0 0 0 rg BT 296.05 150.90 Td (integrate ) Tj ET Q q 0 0 0 rg BT 334.25 150.90 Td (operations ) Tj ET Q q 0 0 0 rg BT 379.12 150.90 Td (around ) Tj ET Q q 0 0 0 rg BT 410.11 150.90 Td (these ) Tj ET Q q 0 0 0 rg BT 433.88 150.90 Td (priorities. ) Tj ET Q q 0 0 0 rg BT 475.47 150.90 Td (W) Tj ET Q q 0 0 0 rg BT 484.11 150.90 Td (e ) Tj ET Q q 0 0 0 rg BT 491.76 150.90 Td (are ) Tj ET Q q 0 0 0 rg BT 507.19 150.90 Td (focusing ) Tj ET Q q 0 0 0 rg BT 544.85 150.90 Td (on ) Tj ET Q q 0 0 0 rg BT 558.07 150.90 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.90 Td (tar) Tj ET Q q 0 0 0 rg BT 59.87 138.90 Td (geted ) Tj ET Q q 0 0 0 rg BT 83.99 138.90 Td (production ) Tj ET Q q 0 0 0 rg BT 129.78 138.90 Td (slate ) Tj ET Q q 0 0 0 rg BT 150.58 138.90 Td (and ) Tj ET Q q 0 0 0 rg BT 167.48 138.90 Td (select ) Tj ET Q q 0 0 0 rg BT 192.72 138.90 Td (brands ) Tj ET Q q 0 0 0 rg BT 221.84 138.90 Td (that ) Tj ET Q q 0 0 0 rg BT 239.31 138.90 Td (will ) Tj ET Q q 0 0 0 rg BT 257.33 138.90 Td (improve ) Tj ET Q q 0 0 0 rg BT 293.13 138.90 Td (profitability ) Tj ET Q q 0 0 0 rg BT 343.36 138.90 Td (and ) Tj ET Q q 0 0 0 rg BT 360.27 138.90 Td (generate ) Tj ET Q q 0 0 0 rg BT 396.60 138.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 430.71 138.90 Td (across ) Tj ET Q q 0 0 0 rg BT 458.17 138.90 Td (multiple ) Tj ET Q q 0 0 0 rg BT 493.97 138.90 Td (lines ) Tj ET Q q 0 0 0 rg BT 515.33 138.90 Td (of ) Tj ET Q q 0 0 0 rg BT 526.12 138.90 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 126.90 Td (e ) Tj ET Q q 0 0 0 rg BT 65.41 126.90 Td (expect ) Tj ET Q q 0 0 0 rg BT 94.34 126.90 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 121.06 126.90 Td (2019 ) Tj ET Q q 0 0 0 rg BT 143.89 126.90 Td (to ) Tj ET Q q 0 0 0 rg BT 154.51 126.90 Td (begin ) Tj ET Q q 0 0 0 rg BT 179.56 126.90 Td (to ) Tj ET Q q 0 0 0 rg BT 190.17 126.90 Td (show ) Tj ET Q q 0 0 0 rg BT 214.12 126.90 Td (the ) Tj ET Q q 0 0 0 rg BT 229.17 126.90 Td (benefit ) Tj ET Q q 0 0 0 rg BT 259.77 126.90 Td (of ) Tj ET Q q 0 0 0 rg BT 270.93 126.90 Td (the ) Tj ET Q q 0 0 0 rg BT 285.98 126.90 Td (changes ) Tj ET Q q 0 0 0 rg BT 321.03 126.90 Td (we ) Tj ET Q q 0 0 0 rg BT 335.52 126.90 Td (have ) Tj ET Q q 0 0 0 rg BT 357.23 126.90 Td (made ) Tj ET Q q 0 0 0 rg BT 381.72 126.90 Td (throughout ) Tj ET Q q 0 0 0 rg BT 428.44 126.90 Td (the ) Tj ET Q q 0 0 0 rg BT 443.49 126.90 Td (prior ) Tj ET Q q 0 0 0 rg BT 465.77 126.90 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 490.26 126.90 Td (year) Tj ET Q q 0 0 0 rg BT 507.06 126.90 Td (, ) Tj ET Q q 0 0 0 rg BT 512.40 126.90 Td (and ) Tj ET Q q 0 0 0 rg BT 529.67 126.90 Td (begin ) Tj ET Q q 0 0 0 rg BT 554.72 126.90 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.90 Td (demonstrate ) Tj ET Q q 0 0 0 rg BT 100.87 114.90 Td (the ) Tj ET Q q 0 0 0 rg BT 115.59 114.90 Td (value ) Tj ET Q q 0 0 0 rg BT 139.74 114.90 Td (of ) Tj ET Q q 0 0 0 rg BT 150.57 114.90 Td (our ) Tj ET Q q 0 0 0 rg BT 166.40 114.90 Td (strong ) Tj ET Q q 0 0 0 rg BT 193.90 114.90 Td (and ) Tj ET Q q 0 0 0 rg BT 210.84 114.90 Td (unique ) Tj ET Q q 0 0 0 rg BT 240.56 114.90 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 278.05 114.90 Td (of ) Tj ET Q q 0 0 0 rg BT 288.88 114.90 Td (assets.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 303.50 33.60 Td (6) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 48.50 720.40 Td (Fiscal 2019 Priorities) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 714.6 m 49 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 714.6 m 127 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 714.6 m 127 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 693.6 m 127 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 714.6 m 127 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 714.6 m 562 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 714.6 m 562 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 693.6 m 49 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 693.6 m 127 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 693.6 m 127 677.6 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m 127 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 629.6 m 127 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 629.6 m 562 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 629.6 m 562 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 611.6 m 49 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 611.6 m 127 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 611.6 m 562 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 593.6 m 49 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 593.6 m 127 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 593.6 m 562 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 575.6 m 49 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 557.6 m 127 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127 575.6 m 127 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 575.6 m 562 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 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0 rg BT 278.19 650.27 Td (ube for franchise brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 634.27 Td (- Pursue potential channel acquisition opportunities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 606.22 Td (Develop) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 596.22 Td (Premium Kids') Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 586.22 Td (Content to Drive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 576.22 Td (Franchise Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 616.27 Td (- ) Tj ET Q q 0 0 0 rg BT 137.74 616.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.41 616.27 Td (ar) Tj ET Q q 0 0 0 rg BT 150.74 616.27 Td (get select high-end originals to meet demand for exclusive programming) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 598.27 Td (- Greenlight production on new series with greater consumer products potential) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 580.27 Td (- Form major agreements for Peanuts to grow brand awareness and its licensee base) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 562.27 Td (- Launch consumer products programs on new brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 535.22 Td (Improve Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 525.22 Td (Flow and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 515.22 Td (Balance Sheet) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 542.27 Td (- Further rationalize overhead expenses and operating ef) Tj ET Q q 0 0 0 rg BT 357.09 542.27 Td (ficiencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 522.27 Td (- ) Tj ET Q q 0 0 0 rg BT 137.55 522.27 Td (Apply excess cash flow to debt repayment and invest in our rapidly growing ) Tj ET Q q 0 0 0 rg BT 445.17 522.27 Td (W) Tj ET Q q 0 0 0 rg BT 454.32 522.27 Td (ildBrain business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 502.27 Td (- Explore tar) Tj ET Q q 0 0 0 rg BT 182.35 502.27 Td (geted partnerships to best monetize our assets globally) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 303.50 33.60 Td (7) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 739.60 Td (Financial ) Tj ET Q q 0 0 0 rg BT 96.26 739.60 Td (Highlights ) Tj ET Q q 0 0 0 rg BT 147.91 739.60 Td (for) Tj ET Q q 0 0 0 rg BT 161.76 739.60 Td ( ) Tj ET Q q 0 0 0 rg BT 164.51 739.60 Td (the ) Tj ET Q q 0 0 0 rg BT 181.72 739.60 Td (Thr) Tj ET Q q 0 0 0 rg BT 199.86 739.60 Td (ee ) Tj ET Q q 0 0 0 rg BT 212.37 739.60 Td (Months ) Tj ET Q q 0 0 0 rg BT 251.18 739.60 Td (Ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.51 739.60 Td (September) Tj ET Q q 0 0 0 rg BT 335.02 739.60 Td ( ) Tj ET Q q 0 0 0 rg BT 337.77 739.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 354.27 739.60 Td (2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 376.27 739.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 721.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 721.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 100.59 721.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.59 721.60 Td ( ) Tj ET Q q 0 0 0 rg BT 123.46 721.60 Td (continued ) Tj ET Q q 0 0 0 rg BT 165.77 721.60 Td (to ) Tj ET Q q 0 0 0 rg BT 176.41 721.60 Td (be ) Tj ET Q q 0 0 0 rg BT 188.72 721.60 Td (a ) Tj ET Q q 0 0 0 rg BT 196.03 721.60 Td (period ) Tj ET Q q 0 0 0 rg BT 224.45 721.60 Td (of ) Tj ET Q q 0 0 0 rg BT 235.65 721.60 Td (transition ) Tj ET Q q 0 0 0 rg BT 276.29 721.60 Td (as ) Tj ET Q q 0 0 0 rg BT 287.49 721.60 Td (our ) Tj ET Q q 0 0 0 rg BT 303.69 721.60 Td (focus ) Tj ET Q q 0 0 0 rg BT 328.22 721.60 Td (on ) Tj ET Q q 0 0 0 rg BT 341.09 721.60 Td (improving ) Tj ET Q q 0 0 0 rg BT 385.63 721.60 Td (ef) Tj ET Q q 0 0 0 rg BT 393.22 721.60 Td (ficiencies ) Tj ET Q q 0 0 0 rg BT 434.40 721.60 Td (and ) Tj ET Q q 0 0 0 rg BT 451.71 721.60 Td (rationalizing ) Tj ET Q q 0 0 0 rg BT 505.11 721.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 527.98 721.60 Td (began ) Tj ET Q q 0 0 0 rg BT 554.73 721.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 709.60 Td (reshape ) Tj ET Q q 0 0 0 rg BT 118.12 709.60 Td (the ) Tj ET Q q 0 0 0 rg BT 132.43 709.60 Td (business ) Tj ET Q q 0 0 0 rg BT 168.40 709.60 Td (and ) Tj ET Q q 0 0 0 rg BT 184.93 709.60 Td (integrate ) Tj ET Q q 0 0 0 rg BT 222.00 709.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 265.74 709.60 Td (around ) Tj ET Q q 0 0 0 rg BT 295.59 709.60 Td (our ) Tj ET Q q 0 0 0 rg BT 311.01 709.60 Td (key ) Tj ET Q q 0 0 0 rg BT 327.53 709.60 Td (imperatives ) Tj ET Q q 0 0 0 rg BT 376.27 709.60 Td (of ) Tj ET Q q 0 0 0 rg BT 386.69 709.60 Td (building ) Tj ET Q q 0 0 0 rg BT 422.11 709.60 Td (brands ) Tj ET Q q 0 0 0 rg BT 450.86 709.60 Td (by:\(1\) ) Tj ET Q q 0 0 0 rg BT 479.88 709.60 Td (developing ) Tj ET Q q 0 0 0 rg BT 526.40 709.60 Td (premium ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 697.60 Td (kids) Tj ET Q q 0 0 0 rg BT 104.76 697.60 Td ( ) Tj ET Q q 0 0 0 rg BT 107.93 697.60 Td (content; ) Tj ET Q q 0 0 0 rg BT 143.31 697.60 Td (and ) Tj ET Q q 0 0 0 rg BT 160.92 697.60 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 175.74 697.60 Td (developing ) Tj ET Q q 0 0 0 rg BT 223.35 697.60 Td (new) Tj ET Q q 0 0 0 rg BT 239.36 697.60 Td (, ) Tj ET Q q 0 0 0 rg BT 245.03 697.60 Td (and ) Tj ET Q q 0 0 0 rg BT 262.63 697.60 Td (revitalizing ) Tj ET Q q 0 0 0 rg BT 311.34 697.60 Td (classic ) Tj ET Q q 0 0 0 rg BT 341.16 697.60 Td (brands ) Tj ET Q q 0 0 0 rg BT 370.99 697.60 Td (on ) Tj ET Q q 0 0 0 rg BT 383.93 697.60 Td (W) Tj ET Q q 0 0 0 rg BT 392.97 697.60 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 431.41 697.60 Td (in ) Tj ET Q q 0 0 0 rg BT 442.36 697.60 Td (order ) Tj ET Q q 0 0 0 rg BT 466.63 697.60 Td (to ) Tj ET Q q 0 0 0 rg BT 477.58 697.60 Td (return ) Tj ET Q q 0 0 0 rg BT 504.62 697.60 Td (to ) Tj ET Q q 0 0 0 rg BT 515.57 697.60 Td (sustainable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 685.60 Td (profitable ) Tj ET Q q 0 0 0 rg BT 126.87 685.60 Td (growth, ) Tj ET Q q 0 0 0 rg BT 160.20 685.60 Td (improve ) Tj ET Q q 0 0 0 rg BT 196.03 685.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 216.30 685.60 Td (generation ) Tj ET Q q 0 0 0 rg BT 261.00 685.60 Td (and ) Tj ET Q q 0 0 0 rg BT 277.94 685.60 Td (strengthen ) Tj ET Q q 0 0 0 rg BT 322.09 685.60 Td (the ) Tj ET Q q 0 0 0 rg BT 336.81 685.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 369.84 685.60 Td (sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 667.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 667.60 Td (During ) Tj ET Q q 0 0 0 rg BT 115.13 667.60 Td (the ) Tj ET Q q 0 0 0 rg BT 128.64 667.60 Td (current ) Tj ET Q q 0 0 0 rg BT 158.26 667.60 Td (quarter) Tj ET Q q 0 0 0 rg BT 186.17 667.60 Td (, ) Tj ET Q q 0 0 0 rg BT 189.97 667.60 Td (the ) Tj ET Q q 0 0 0 rg BT 203.48 667.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 243.67 667.60 Td (completed ) Tj ET Q q 0 0 0 rg BT 286.62 667.60 Td (its ) Tj ET Q q 0 0 0 rg BT 297.36 667.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 314.21 667.60 Td (of ) Tj ET Q q 0 0 0 rg BT 323.83 667.60 Td (a 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) Tj ET Q q 0 0 0 rg BT 300.01 655.60 Td (for ) Tj ET Q q 0 0 0 rg BT 314.98 655.60 Td (gross ) Tj ET Q q 0 0 0 rg BT 339.40 655.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 378.25 655.60 Td (of ) Tj ET Q q 0 0 0 rg BT 389.89 655.60 Td ($234.6 ) Tj ET Q q 0 0 0 rg BT 420.70 655.60 Td (million. ) Tj ET Q q 0 0 0 rg BT 455.40 655.60 Td (Sony ) Tj ET Q q 0 0 0 rg BT 479.27 655.60 Td (acquired ) Tj ET Q q 0 0 0 rg BT 517.00 655.60 Td (49% ) Tj ET Q q 0 0 0 rg BT 538.64 655.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 655.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 643.60 Td (Company) Tj ET Q q 0 0 0 rg BT 127.17 643.60 Td (s ) Tj ET Q q 0 0 0 rg BT 133.88 643.60 Td (80% ) Tj ET Q q 0 0 0 rg BT 155.04 643.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 187.30 643.60 Td (in ) Tj ET Q q 0 0 0 rg BT 197.91 643.60 Td (Peanuts. ) Tj ET Q q 0 0 0 rg BT 234.34 643.60 Td (Net ) Tj ET Q q 0 0 0 rg BT 251.61 643.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 289.97 643.60 Td (from ) Tj ET Q q 0 0 0 rg BT 312.24 643.60 Td (the ) Tj ET Q q 0 0 0 rg BT 327.28 643.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 345.66 643.60 Td (of ) Tj ET Q q 0 0 0 rg BT 356.81 643.60 Td ($208.7 ) Tj ET Q q 0 0 0 rg BT 387.14 643.60 Td (million ) Tj ET Q q 0 0 0 rg BT 418.86 643.60 Td (were ) Tj ET Q q 0 0 0 rg BT 441.12 643.60 Td (used ) Tj ET Q q 0 0 0 rg BT 462.27 643.60 Td (to ) Tj ET Q q 0 0 0 rg BT 472.88 643.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 490.14 643.60 Td (down ) Tj ET Q q 0 0 0 rg BT 515.19 643.60 Td (a ) Tj ET Q q 0 0 0 rg BT 522.46 643.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 554.17 643.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 631.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 631.60 Td (Company) Tj ET Q q 0 0 0 rg BT 141.88 631.60 Td (s ) Tj ET Q q 0 0 0 rg BT 148.27 631.60 Td (term ) Tj ET Q q 0 0 0 rg BT 169.10 631.60 Td (loan. ) Tj ET Q q 0 0 0 rg BT 191.32 631.60 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 239.92 631.60 Td (to ) Tj ET Q q 0 0 0 rg BT 250.20 631.60 Td (the ) Tj ET Q q 0 0 0 rg BT 264.92 631.60 Td (sale, ) Tj ET Q q 0 0 0 rg BT 285.47 631.60 Td (the ) Tj ET Q q 0 0 0 rg BT 300.18 631.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 341.57 631.60 Td (continued ) Tj ET Q q 0 0 0 rg BT 383.50 631.60 Td (to ) Tj ET Q q 0 0 0 rg BT 393.78 631.60 Td (control ) Tj ET Q q 0 0 0 rg BT 424.61 631.60 Td (Peanuts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 613.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 613.60 Td (As ) Tj ET Q q 0 0 0 rg BT 98.35 613.60 Td (a ) Tj ET Q q 0 0 0 rg BT 104.52 613.60 Td (result ) Tj ET Q q 0 0 0 rg BT 128.47 613.60 Td (of ) Tj ET Q q 0 0 0 rg BT 138.53 613.60 Td (the ) Tj ET Q q 0 0 0 rg BT 152.48 613.60 Td (repayment ) Tj ET Q q 0 0 0 rg BT 196.42 613.60 Td (of ) Tj ET Q q 0 0 0 rg BT 206.48 613.60 Td (a ) Tj ET Q q 0 0 0 rg BT 212.65 613.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 243.27 613.60 Td (of ) Tj ET Q q 0 0 0 rg BT 253.34 613.60 Td (the ) Tj ET Q q 0 0 0 rg BT 267.29 613.60 Td (Company) Tj ET Q q 0 0 0 rg BT 308.95 613.60 Td (s ) Tj ET Q q 0 0 0 rg BT 314.58 613.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 355.74 613.60 Td (debt, ) Tj ET Q q 0 0 0 rg BT 377.19 613.60 Td (the ) Tj ET Q q 0 0 0 rg BT 391.14 613.60 Td (Company) Tj ET Q q 0 0 0 rg BT 432.81 613.60 Td (s ) Tj ET Q q 0 0 0 rg BT 438.43 613.60 Td (net ) Tj ET Q q 0 0 0 rg BT 452.38 613.60 Td (leverage ) Tj ET Q q 0 0 0 rg BT 487.98 613.60 Td (ratio ) Tj ET Q q 0 0 0 rg BT 508.04 613.60 Td (has ) Tj ET Q q 0 0 0 rg BT 523.10 613.60 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 601.60 Td (from ) Tj ET Q q 0 0 0 rg BT 107.44 601.60 Td (6.07x ) Tj ET Q q 0 0 0 rg BT 132.44 601.60 Td (at ) Tj ET Q q 0 0 0 rg BT 142.16 601.60 Td (June ) Tj ET Q q 0 0 0 rg BT 162.99 601.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 177.99 601.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 200.49 601.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.76 601.60 Td (5.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.26 601.60 Td (x ) Tj ET Q q 0 0 0 rg BT 235.76 601.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.48 601.60 Td (September ) Tj ET Q q 0 0 0 rg BT 290.74 601.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 305.74 601.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.74 601.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 583.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 583.60 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 139.96 583.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 173.28 583.60 Td (grew ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.96 583.60 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.29 583.60 Td ( ) Tj ET Q q 0 0 0 rg BT 209.97 583.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.43 583.60 Td ($104.0 ) Tj ET Q q 0 0 0 rg BT 248.61 583.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 583.60 Td ( ) Tj ET Q q 0 0 0 rg BT 279.18 583.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.64 583.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 302.55 583.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.55 583.60 Td (, ) Tj ET Q q 0 0 0 rg BT 326.73 583.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 367.84 583.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.30 583.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 391.20 583.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.20 583.60 Td (. ) Tj ET Q q 0 0 0 rg BT 415.26 583.60 Td (The ) Tj ET Q q 0 0 0 rg BT 432.49 583.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 466.93 583.60 Td (was ) Tj ET Q q 0 0 0 rg BT 484.16 583.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 511.39 583.60 Td (by ) Tj ET Q q 0 0 0 rg BT 523.07 583.60 Td (continued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 571.60 Td (double-digit ) Tj ET Q q 0 0 0 rg BT 137.50 571.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 168.95 571.60 Td (in ) Tj ET Q q 0 0 0 rg BT 179.61 571.60 Td (W) Tj ET Q q 0 0 0 rg BT 188.65 571.60 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 227.04 571.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 255.71 571.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 297.70 571.60 Td (products-owned ) Tj ET Q q 0 0 0 rg BT 365.25 571.60 Td (royalties ) Tj ET Q q 0 0 0 rg BT 402.80 571.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 431.46 571.60 Td (by ) Tj ET Q q 0 0 0 rg BT 444.58 571.60 Td (Peanuts, ) Tj ET Q q 0 0 0 rg BT 481.30 571.60 Td (and ) Tj ET Q q 0 0 0 rg BT 498.86 571.60 Td (strong ) Tj ET Q q 0 0 0 rg BT 526.97 571.60 Td (producer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 559.60 Td (and ) Tj ET Q q 0 0 0 rg BT 104.16 559.60 Td (service ) Tj ET Q q 0 0 0 rg BT 136.70 559.60 Td (fee ) Tj ET Q q 0 0 0 rg BT 153.13 559.60 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 195.39 559.60 Td (of) Tj ET Q q 0 0 0 rg BT 203.54 559.60 Td (fset ) Tj ET Q q 0 0 0 rg BT 222.20 559.60 Td (by ) Tj ET Q q 0 0 0 rg BT 236.42 559.60 Td (a ) Tj ET Q q 0 0 0 rg BT 245.08 559.60 Td (decline ) Tj ET Q q 0 0 0 rg BT 278.17 559.60 Td (in ) Tj ET Q q 0 0 0 rg BT 290.17 559.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 340.51 559.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 376.38 559.60 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 423.06 559.60 Td (W) Tj ET Q q 0 0 0 rg BT 432.10 559.60 Td (ildBrain\) ) Tj ET Q q 0 0 0 rg BT 472.42 559.60 Td (and ) Tj ET Q q 0 0 0 rg BT 491.08 559.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 518.07 559.60 Td (proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 547.60 Td (production ) Tj ET Q q 0 0 0 rg BT 131.36 547.60 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 167.85 547.60 Td (The ) Tj ET Q q 0 0 0 rg BT 185.93 547.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 227.34 547.60 Td (adopted ) Tj ET Q q 0 0 0 rg BT 261.53 547.60 Td (and ) Tj ET Q q 0 0 0 rg BT 278.50 547.60 Td (implemented ) Tj ET Q q 0 0 0 rg BT 333.24 547.60 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 356.89 547.60 Td (15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 371.92 547.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 408.31 547.60 Td (fr) Tj ET Q q 0 0 0 rg BT 414.61 547.60 Td (om ) Tj ET Q q 0 0 0 rg BT 429.37 547.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 469.11 547.60 Td (with ) Tj ET Q q 0 0 0 rg BT 488.87 547.60 Td (customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.42 547.60 Td ( ) Tj ET Q q 0 0 0 rg BT 531.95 547.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.72 547.60 Td (IFRS ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 535.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 535.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 106.22 535.60 Td (ef) Tj ET Q q 0 0 0 rg BT 113.81 535.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 143.96 535.60 Td (July ) Tj ET Q q 0 0 0 rg BT 163.58 535.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 174.03 535.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 199.48 535.60 Td (which ) Tj ET Q q 0 0 0 rg BT 226.87 535.60 Td (had ) Tj ET Q q 0 0 0 rg BT 244.26 535.60 Td (the ) Tj ET Q q 0 0 0 rg BT 259.43 535.60 Td (net ) Tj ET Q q 0 0 0 rg BT 274.60 535.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 304.76 535.60 Td (of ) Tj ET Q q 0 0 0 rg BT 316.04 535.60 Td (reducing ) Tj ET Q q 0 0 0 rg BT 353.97 535.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 407.47 535.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 442.06 535.60 Td (in ) Tj ET Q q 0 0 0 rg BT 452.79 535.60 Td (the ) Tj ET Q q 0 0 0 rg BT 467.96 535.60 Td (first ) Tj ET Q q 0 0 0 rg BT 487.02 535.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 518.29 535.60 Td (of ) Tj ET Q q 0 0 0 rg BT 529.57 535.60 Td (2019 ) Tj ET Q q 0 0 0 rg BT 552.52 535.60 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 523.60 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 105.50 523.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 139.39 523.60 Td (which ) Tj ET Q q 0 0 0 rg BT 166.33 523.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 200.48 523.60 Td (is ) Tj ET Q q 0 0 0 rg BT 209.65 523.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 247.68 523.60 Td (to ) Tj ET Q q 0 0 0 rg BT 257.96 523.60 Td (be ) Tj ET Q q 0 0 0 rg BT 269.89 523.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 316.26 523.60 Td (during ) Tj ET Q q 0 0 0 rg BT 344.87 523.60 Td (the ) Tj ET Q q 0 0 0 rg BT 359.58 523.60 Td (remainder ) Tj ET Q q 0 0 0 rg BT 402.61 523.60 Td (of ) Tj ET Q q 0 0 0 rg BT 413.44 523.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 437.60 523.60 Td (2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 505.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 505.60 Td (W) Tj ET Q q 0 0 0 rg BT 94.54 505.60 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 129.03 505.60 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.40 505.60 Td (grew) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.39 505.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.12 505.60 Td (49%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.45 505.60 Td ( ) Tj ET Q q 0 0 0 rg BT 204.17 505.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.67 505.60 Td ($16.2 ) Tj ET Q q 0 0 0 rg BT 237.89 505.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.78 505.60 Td ( ) Tj ET Q q 0 0 0 rg BT 268.51 505.60 Td (in ) Tj ET Q q 0 0 0 rg BT 278.01 505.60 Td (the ) Tj ET Q q 0 0 0 rg BT 291.95 505.60 Td (first ) Tj ET Q q 0 0 0 rg BT 309.78 505.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 339.82 505.60 Td (of ) Tj ET Q q 0 0 0 rg BT 349.87 505.60 Td (2019, ) Tj ET Q q 0 0 0 rg BT 374.09 505.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 415.24 505.60 Td (to ) Tj ET Q q 0 0 0 rg BT 424.74 505.60 Td (the ) Tj ET Q q 0 0 0 rg BT 438.68 505.60 Td (first ) Tj ET Q q 0 0 0 rg BT 456.51 505.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 486.55 505.60 Td (of ) Tj ET Q q 0 0 0 rg BT 496.60 505.60 Td (2018. ) Tj ET Q q 0 0 0 rg BT 520.70 505.60 Td (W) Tj ET Q q 0 0 0 rg BT 529.74 505.60 Td (ildBrain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 493.60 Td (is ) Tj ET Q q 0 0 0 rg BT 94.34 493.60 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 145.38 493.60 Td (monetizing ) Tj ET Q q 0 0 0 rg BT 192.54 493.60 Td (our ) Tj ET Q q 0 0 0 rg BT 208.03 493.60 Td (library ) Tj ET Q q 0 0 0 rg BT 236.86 493.60 Td (content ) Tj ET Q q 0 0 0 rg BT 268.46 493.60 Td (online, ) Tj ET Q q 0 0 0 rg BT 298.12 493.60 Td (and ) Tj ET Q q 0 0 0 rg BT 314.73 493.60 Td (is ) Tj ET Q q 0 0 0 rg BT 323.57 493.60 Td (also ) Tj ET Q q 0 0 0 rg BT 341.84 493.60 Td (managing ) Tj ET Q q 0 0 0 rg BT 383.44 493.60 Td (a ) Tj ET Q q 0 0 0 rg BT 390.05 493.60 Td (growing ) Tj ET Q q 0 0 0 rg BT 425.55 493.60 Td (number ) Tj ET Q q 0 0 0 rg BT 458.26 493.60 Td (of ) Tj ET Q q 0 0 0 rg BT 468.76 493.60 Td (channels ) Tj ET Q q 0 0 0 rg BT 505.92 493.60 Td (for ) Tj ET Q q 0 0 0 rg BT 519.74 493.60 Td (third-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 481.60 Td (brand ) Tj ET Q q 0 0 0 rg BT 110.73 481.60 Td (and ) Tj ET Q q 0 0 0 rg BT 127.62 481.60 Td (IP) Tj ET Q q 0 0 0 rg BT 136.14 481.60 Td ( ) Tj ET Q q 0 0 0 rg BT 138.60 481.60 Td (owners, ) Tj ET Q q 0 0 0 rg BT 172.44 481.60 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 213.21 481.60 Td (more ) Tj ET Q q 0 0 0 rg BT 236.22 481.60 Td (and ) Tj ET Q q 0 0 0 rg BT 253.11 481.60 Td (more ) Tj ET Q q 0 0 0 rg BT 276.12 481.60 Td (kids) Tj ET Q q 0 0 0 rg BT 295.38 481.60 Td ( ) Tj ET Q q 0 0 0 rg BT 297.84 481.60 Td (content ) Tj ET Q q 0 0 0 rg BT 329.73 481.60 Td (being ) Tj ET Q q 0 0 0 rg BT 354.40 481.60 Td (consumed ) Tj ET Q q 0 0 0 rg BT 397.41 481.60 Td (on ) Tj ET Q q 0 0 0 rg BT 409.87 481.60 Td (this ) Tj ET Q q 0 0 0 rg BT 426.77 481.60 Td (fast-growing ) Tj ET Q q 0 0 0 rg BT 480.33 481.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 528.90 481.60 Td (channel. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 463.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 463.60 Td (The ) Tj ET Q q 0 0 0 rg BT 103.85 463.60 Td (Company) Tj ET Q q 0 0 0 rg BT 145.52 463.60 Td (s ) Tj ET Q q 0 0 0 rg BT 152.21 463.60 Td (focus ) Tj ET Q q 0 0 0 rg BT 176.68 463.60 Td (on ) Tj ET Q q 0 0 0 rg BT 189.48 463.60 Td (building ) Tj ET Q q 0 0 0 rg BT 225.62 463.60 Td (brands ) Tj ET Q q 0 0 0 rg BT 255.09 463.60 Td (supported ) Tj ET Q q 0 0 0 rg BT 297.33 463.60 Td (by ) Tj ET Q q 0 0 0 rg BT 310.14 463.60 Td (new ) Tj ET Q q 0 0 0 rg BT 329.60 463.60 Td (content ) Tj ET Q q 0 0 0 rg BT 361.84 463.60 Td (is ) Tj ET Q q 0 0 0 rg BT 371.32 463.60 Td (realizing ) Tj ET Q q 0 0 0 rg BT 409.10 463.60 Td (incremental ) Tj ET Q q 0 0 0 rg BT 459.11 463.60 Td (returns ) Tj ET Q q 0 0 0 rg BT 489.68 463.60 Td (through ) Tj ET Q q 0 0 0 rg BT 523.59 463.60 Td (our ) Tj ET Q q 0 0 0 rg BT 539.73 463.60 Td (brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 451.60 Td (partnership ) Tj ET Q q 0 0 0 rg BT 133.94 451.60 Td (with ) Tj ET Q q 0 0 0 rg BT 155.17 451.60 Td (Mattel, ) Tj ET Q q 0 0 0 rg BT 187.23 451.60 Td (which ) Tj ET Q q 0 0 0 rg BT 215.12 451.60 Td (generated ) Tj ET Q q 0 0 0 rg BT 257.44 451.60 Td (approximately ) Tj ET Q q 0 0 0 rg BT 318.65 451.60 Td ($6.0 ) Tj ET Q q 0 0 0 rg BT 339.60 451.60 Td (million ) Tj ET Q q 0 0 0 rg BT 371.95 451.60 Td (in ) Tj ET Q q 0 0 0 rg BT 383.18 451.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 432.75 451.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 467.85 451.60 Td (and ) Tj ET Q q 0 0 0 rg BT 485.74 451.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 528.07 451.60 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 439.60 Td (royalties ) Tj ET Q q 0 0 0 rg BT 122.43 439.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.71 439.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 147.43 439.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.43 439.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 421.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 421.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 124.71 421.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 160.81 421.60 Td ( ) Tj ET Q q 0 0 0 rg BT 163.91 421.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 212.55 421.60 Td (to ) Tj ET Q q 0 0 0 rg BT 223.42 421.60 Td (the ) Tj ET Q q 0 0 0 rg BT 238.73 421.60 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 292.37 421.60 Td (of ) Tj ET Q q 0 0 0 rg BT 303.80 421.60 Td (the ) Tj ET Q q 0 0 0 rg BT 319.11 421.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 361.09 421.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.74 421.60 Td ($17.3 ) Tj ET Q q 0 0 0 rg BT 405.34 421.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.23 421.60 Td ( ) Tj ET Q q 0 0 0 rg BT 437.33 421.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.20 421.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 463.52 421.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.52 421.60 Td ( ) Tj ET Q q 0 0 0 rg BT 486.62 421.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 529.14 421.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.02 421.60 Td ($22.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 409.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.39 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 116.99 409.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.38 409.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 142.20 409.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.20 409.60 Td (, ) Tj ET Q q 0 0 0 rg BT 167.30 409.60 Td (a ) Tj ET Q q 0 0 0 rg BT 174.34 409.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 211.36 409.60 Td (of ) Tj ET Q q 0 0 0 rg BT 222.29 409.60 Td ($5.5 ) Tj ET Q q 0 0 0 rg BT 242.39 409.60 Td (million. ) Tj ET Q q 0 0 0 rg BT 275.81 409.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 314.53 409.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 350.63 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 353.24 409.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 401.38 409.60 Td (to ) Tj ET Q q 0 0 0 rg BT 411.76 409.60 Td (the ) Tj ET Q q 0 0 0 rg BT 426.58 409.60 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 479.72 409.60 Td (of ) Tj ET Q q 0 0 0 rg BT 490.65 409.60 Td (the ) Tj ET Q q 0 0 0 rg BT 505.47 409.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 546.96 409.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 397.60 Td (reduced ) Tj ET Q q 0 0 0 rg BT 119.70 397.60 Td (by ) Tj ET Q q 0 0 0 rg BT 132.26 397.60 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 152.32 397.60 Td (million ) Tj ET Q q 0 0 0 rg BT 183.77 397.60 Td (related ) Tj ET Q q 0 0 0 rg BT 213.53 397.60 Td (to ) Tj ET Q q 0 0 0 rg BT 223.87 397.60 Td (the ) Tj ET Q q 0 0 0 rg BT 238.64 397.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 256.75 397.60 Td (of ) Tj ET Q q 0 0 0 rg BT 267.64 397.60 Td (the ) Tj ET Q q 0 0 0 rg BT 282.41 397.60 Td (Company) Tj ET Q q 0 0 0 rg BT 324.08 397.60 Td (s ) Tj ET Q q 0 0 0 rg BT 330.53 397.60 Td (minority ) Tj ET Q q 0 0 0 rg BT 367.53 397.60 Td (equity ) Tj ET Q q 0 0 0 rg BT 395.08 397.60 Td (stake ) Tj ET Q q 0 0 0 rg BT 418.19 397.60 Td (in ) Tj ET Q q 0 0 0 rg BT 428.53 397.60 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 462.19 397.60 Td (taking ) Tj ET Q q 0 0 0 rg BT 489.75 397.60 Td (ef) Tj ET Q q 0 0 0 rg BT 497.34 397.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 514.88 397.60 Td (in ) Tj ET Q q 0 0 0 rg BT 525.22 397.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 540.00 397.60 Td (2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 385.60 Td (Further) Tj ET Q q 0 0 0 rg BT 114.54 385.60 Td (, ) Tj ET Q q 0 0 0 rg BT 120.63 385.60 Td (the ) Tj ET Q q 0 0 0 rg BT 136.44 385.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 175.03 385.60 Td (of ) Tj ET Q q 0 0 0 rg BT 186.96 385.60 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 211.67 385.60 Td (15 ) Tj ET Q q 0 0 0 rg BT 225.27 385.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 260.51 385.60 Td (in ) Tj ET Q q 0 0 0 rg BT 271.89 385.60 Td (a ) Tj ET Q q 0 0 0 rg BT 279.92 385.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 317.93 385.60 Td (in ) Tj ET Q q 0 0 0 rg BT 328.51 385.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 368.21 385.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 404.32 385.60 Td ( ) Tj ET Q q 0 0 0 rg BT 407.91 385.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 457.04 385.60 Td (to ) Tj ET Q q 0 0 0 rg BT 468.41 385.60 Td (the ) Tj ET Q q 0 0 0 rg BT 484.22 385.60 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 538.35 385.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 385.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 373.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 126.62 373.60 Td (by ) Tj ET Q q 0 0 0 rg BT 138.85 373.60 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 158.58 373.60 Td (million ) Tj ET Q q 0 0 0 rg BT 189.70 373.60 Td (in ) Tj ET Q q 0 0 0 rg BT 199.71 373.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 214.17 373.60 Td (2019, ) Tj ET Q q 0 0 0 rg BT 238.90 373.60 Td (which ) Tj ET Q q 0 0 0 rg BT 265.57 373.60 Td (reduction ) Tj ET Q q 0 0 0 rg BT 305.56 373.60 Td (is ) Tj ET Q q 0 0 0 rg BT 314.46 373.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 352.23 373.60 Td (to ) Tj ET 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ET Q q 0 0 0 rg BT 422.01 650.16 Td (ee Months Ended) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 489.40 650.16 Td (Thr) Tj ET Q q 0 0 0 rg BT 501.01 650.16 Td (ee Months Ended) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 413.05 637.16 Td (September) Tj ET Q q 0 0 0 rg BT 445.26 637.16 Td ( 30, 2018) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 492.05 637.16 Td (September) Tj ET Q q 0 0 0 rg BT 524.26 637.16 Td ( 30, 2017) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 52.25 624.16 Td (\($000, except per) Tj ET Q q 0 0 0 rg BT 102.92 624.16 Td ( shar) Tj ET Q q 0 0 0 rg BT 117.77 624.16 Td (e data\)) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 52.25 611.05 Td (Consolidated Statements of Income and Compr) Tj ET Q q 0 0 0 rg BT 183.76 611.05 Td (ehensive Income Data:) Tj ET Q BT /F2 6.50 Tf ET BT /F2 4.22 Tf ET q 0 0 0 rg BT 246.59 613.99 Td (1) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 598.15 Td (Revenues) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 80.00 597.75 Td (.......................................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 456.15 598.15 Td (104,038) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 535.65 598.15 Td (98,621) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 585.15 Td (Direct production costs and expense of film and television produced) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 244.50 584.75 Td (.........................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 457.30 585.20 Td (\(61,284) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 585.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 533.30 585.20 Td (\(55,650) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 585.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 572.15 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 81.09 572.15 Td (gin) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 90.04 575.32 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 94.00 571.75 Td (...............................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 459.65 572.15 Td (42,754) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 535.65 572.15 Td (42,971) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 559.15 Td (Selling, general, and administrative) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 151.75 558.75 Td (..............................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 457.30 559.20 Td (\(19,187) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 559.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 533.30 559.20 Td (\(19,826) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 559.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 546.15 Td (Amortization, finance and other expenses, net) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 181.50 545.75 Td (.............................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 457.30 546.20 Td (\(22,886) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 546.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 533.30 546.20 Td (\(1) Tj ET Q q 0 0 0 rg BT 539.13 546.20 Td (1,631) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 546.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 533.15 Td (Recovery \(provision\) for income taxes) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 160.50 532.75 Td (.........................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 463.15 533.15 Td (2,656) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.80 533.20 Td (\(1,947) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 533.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 520.15 Td (Net income) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.25 519.75 Td (....................................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 463.15 520.15 Td (3,337) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 539.15 520.15 Td (9,567) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 507.15 Td (Net income attributable to non-controlling interests) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 197.25 506.75 Td (....................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.80 507.20 Td (\(5,687) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 507.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.80 507.20 Td (\(1,419) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 507.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 494.15 Td (Net income \(loss\) attributable to the Shareholders of the Company) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 239.25 493.75 Td (............................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.80 494.20 Td (\(2,350) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 494.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 539.15 494.15 Td (8,148) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 476.15 Td (Basic earnings \(loss\) per common share) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 165.75 475.75 Td (......................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 464.30 476.20 Td (\(0.02) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 476.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 542.65 476.15 Td (0.06) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 463.15 Td (Diluted earnings \(loss\) per common share) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 171.00 462.75 Td (...................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 464.30 463.20 Td (\(0.02) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 463.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 542.65 463.15 Td (0.06) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 450.15 Td (W) Tj ET Q q 0 0 0 rg BT 58.58 450.15 Td (eighted average common shares outstanding \(expressed in thousands\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 255.00 449.75 Td (...................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 437.15 Td ( Basic) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 73.00 436.75 Td (...........................................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 456.15 437.15 Td (134,463) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 532.15 437.15 Td (134,407) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 424.15 Td ( Diluted) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 78.25 423.75 Td (........................................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 456.15 424.15 Td (134,463) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 532.15 424.15 Td (135,197) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 52.25 408.16 Td (Other) Tj ET Q q 0 0 0 rg BT 70.01 408.16 Td ( Key Performance Measur) Tj ET Q q 0 0 0 rg BT 148.99 408.16 Td (es:) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 396.15 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 104.55 396.15 Td ( attributable to the shareholders of the Company) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 239.65 399.32 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 242.75 395.75 Td (..........................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 459.65 396.15 Td (17,308) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 535.65 396.15 Td (22,788) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 384.15 Td (Cash flow from operating activities) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 151.75 383.75 Td (..............................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.80 384.20 Td (\(9,849) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 478.90 384.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 533.30 384.20 Td (\(1) Tj ET Q q 0 0 0 rg BT 539.13 384.20 Td (1,312) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 554.90 384.15 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 372.15 Td (Proprietary half-hours of content delivered) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 172.75 371.75 Td (..................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 471.90 372.15 Td (12) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 547.90 372.15 Td (1) Tj ET Q q 0 0 0 rg BT 551.40 372.15 Td (1) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 359.15 Td (Third-party titles with distribution rights half-hours added to library) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 242.75 358.75 Td (..........................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 471.90 359.15 Td (15) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 547.90 359.15 Td (12) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 434.55 347.16 Td (As at) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 513.55 347.16 Td (As at) Tj ET Q BT /F2 6.25 Tf ET q 0 0 0 rg BT 416.15 333.97 Td (September) Tj ET Q q 0 0 0 rg BT 444.91 333.97 Td ( 30, 2018) Tj ET Q BT /F2 6.25 Tf ET q 0 0 0 rg BT 503.10 333.97 Td (June 30, 2018) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 52.25 321.16 Td (Consolidated Balance Sheet Data:) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 308.15 Td (T) Tj ET Q q 0 0 0 rg BT 56.28 308.15 Td (otal assets) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.25 307.75 Td (....................................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.90 308.15 Td (1,452,190) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 526.90 308.15 Td (1,476,792) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 295.15 Td (T) Tj ET Q q 0 0 0 rg BT 56.04 295.15 Td (otal liabilities) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 95.75 294.75 Td (..............................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 456.15 295.15 Td (856,147) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 526.90 295.15 Td (1,076,000) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.25 282.15 Td (Shareholders) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 88.79 282.15 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 90.61 282.15 Td ( equity) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 111.50 281.75 Td (.....................................................................................................................................................................) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 456.15 282.15 Td (596,043) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 532.15 282.15 Td (400,792) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 50.00 263.37 Td (1) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.27 260.20 Td (The ) Tj ET Q q 0 0 0 rg BT 64.78 260.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.89 260.20 Td (information ) Tj ET Q q 0 0 0 rg BT 125.56 260.20 Td (for ) Tj ET Q q 0 0 0 rg BT 135.34 260.20 Td (the ) Tj ET Q q 0 0 0 rg BT 145.52 260.20 Td (three ) Tj ET Q q 0 0 0 rg BT 161.13 260.20 Td (months ) Tj ET Q q 0 0 0 rg BT 183.37 260.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 201.70 260.20 Td (September ) Tj ET Q q 0 0 0 rg BT 233.26 260.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 243.63 260.20 Td (2018 ) Tj ET Q q 0 0 0 rg BT 259.26 260.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 284.21 260.20 Td (the ) Tj ET Q q 0 0 0 rg BT 294.38 260.20 Td (full ) Tj ET Q q 0 0 0 rg BT 305.72 260.20 Td (results ) Tj ET Q q 0 0 0 rg BT 325.62 260.20 Td (for ) Tj ET Q q 0 0 0 rg BT 335.41 260.20 Td (all ) Tj ET Q q 0 0 0 rg BT 344.03 260.20 Td (of ) Tj ET Q q 0 0 0 rg BT 351.48 260.20 Td (the ) Tj ET Q q 0 0 0 rg BT 361.65 260.20 Td (Company) Tj ET Q q 0 0 0 rg BT 390.82 260.20 Td (s ) Tj ET Q q 0 0 0 rg BT 395.17 260.20 Td (operations ) Tj ET Q q 0 0 0 rg BT 425.95 260.20 Td (and ) Tj ET Q q 0 0 0 rg BT 437.68 260.20 Td (all ) Tj ET Q q 0 0 0 rg BT 446.30 260.20 Td (its ) Tj ET Q q 0 0 0 rg BT 454.53 260.20 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 490.84 260.20 Td (The ) Tj ET Q q 0 0 0 rg BT 503.35 260.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 529.45 260.20 Td (information ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 251.80 Td (for ) Tj ET Q q 0 0 0 rg BT 59.42 251.80 Td (the ) Tj ET Q q 0 0 0 rg BT 69.23 251.80 Td (three ) Tj ET Q q 0 0 0 rg BT 84.47 251.80 Td (months ) Tj ET Q q 0 0 0 rg BT 106.34 251.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 124.32 251.80 Td (September ) Tj ET Q q 0 0 0 rg BT 155.51 251.80 Td (30, ) Tj ET Q q 0 0 0 rg BT 165.51 251.80 Td (2017 ) Tj ET Q q 0 0 0 rg BT 180.77 251.80 Td (includes ) Tj ET Q q 0 0 0 rg BT 205.35 251.80 Td (the ) Tj ET Q q 0 0 0 rg BT 215.16 251.80 Td (full ) Tj ET Q q 0 0 0 rg BT 226.14 251.80 Td (results ) Tj ET Q q 0 0 0 rg BT 245.67 251.80 Td (for ) Tj ET Q q 0 0 0 rg BT 255.09 251.80 Td (all ) Tj ET Q q 0 0 0 rg BT 263.35 251.80 Td (of ) Tj ET Q q 0 0 0 rg BT 270.43 251.80 Td (the ) Tj ET Q q 0 0 0 rg BT 280.24 251.80 Td (Company) Tj ET Q q 0 0 0 rg BT 309.41 251.80 Td (s ) Tj ET Q q 0 0 0 rg BT 313.39 251.80 Td (operations ) Tj ET Q q 0 0 0 rg BT 343.80 251.80 Td (and ) Tj ET Q q 0 0 0 rg BT 355.17 251.80 Td (all ) Tj ET Q q 0 0 0 rg BT 363.42 251.80 Td (its ) Tj ET Q q 0 0 0 rg BT 371.29 251.80 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 407.35 251.80 Td (except ) Tj ET Q q 0 0 0 rg BT 426.87 251.80 Td (Ellie ) Tj ET Q q 0 0 0 rg BT 441.35 251.80 Td (Sparkles, ) Tj ET Q q 0 0 0 rg BT 468.46 251.80 Td (which ) Tj ET Q q 0 0 0 rg BT 486.83 251.80 Td (was ) Tj ET Q q 0 0 0 rg BT 498.97 251.80 Td (acquired ) Tj ET Q q 0 0 0 rg BT 524.32 251.80 Td (on ) Tj ET Q q 0 0 0 rg BT 532.58 251.80 Td (September ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 243.40 Td (15, ) Tj ET Q q 0 0 0 rg BT 60.50 243.40 Td (2017.) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 50.00 232.17 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.27 229.00 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 61.85 229.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 76.65 229.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 102.94 229.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 128.22 229.00 Td ( ) Tj ET Q q 0 0 0 rg BT 129.24 229.00 Td (attributable ) Tj ET Q q 0 0 0 rg BT 162.13 229.00 Td (to ) Tj ET Q q 0 0 0 rg BT 168.60 229.00 Td (the ) Tj ET Q q 0 0 0 rg BT 178.17 229.00 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 214.57 229.00 Td (of ) Tj ET Q q 0 0 0 rg BT 221.42 229.00 Td (the ) Tj ET Q q 0 0 0 rg BT 230.99 229.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 259.23 229.00 Td (included ) Tj ET Q q 0 0 0 rg BT 284.36 229.00 Td (the ) Tj ET Q q 0 0 0 rg BT 293.93 229.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 326.16 229.00 Td (80% ) Tj ET Q q 0 0 0 rg BT 340.01 229.00 Td (interest ) Tj ET Q q 0 0 0 rg BT 361.63 229.00 Td (in ) Tj ET Q q 0 0 0 rg BT 368.10 229.00 Td (Peanuts. ) Tj ET Q q 0 0 0 rg BT 392.64 229.00 Td (In ) Tj ET Q q 0 0 0 rg BT 399.50 229.00 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 409.07 229.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 425.62 229.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 451.91 229.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 477.19 229.00 Td ( ) Tj ET Q q 0 0 0 rg BT 478.21 229.00 Td (attributable ) Tj ET Q q 0 0 0 rg BT 511.11 229.00 Td (to ) Tj ET Q q 0 0 0 rg BT 517.57 229.00 Td (the ) Tj ET Q q 0 0 0 rg BT 527.14 229.00 Td (shareholders ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 220.60 Td (of ) Tj ET Q q 0 0 0 rg BT 57.44 220.60 Td (the ) Tj ET Q q 0 0 0 rg BT 67.60 220.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 96.43 220.60 Td (included ) Tj ET Q q 0 0 0 rg BT 122.14 220.60 Td (the ) Tj ET Q q 0 0 0 rg BT 132.30 220.60 Td (Company's ) Tj ET Q q 0 0 0 rg BT 165.12 220.60 Td (41% ) Tj ET Q q 0 0 0 rg BT 179.55 220.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 201.77 220.60 Td (in ) Tj ET Q q 0 0 0 rg BT 208.82 220.60 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 232.20 220.60 Td (as ) Tj ET Q q 0 0 0 rg BT 239.64 220.60 Td (a ) Tj ET Q q 0 0 0 rg BT 244.36 220.60 Td (result ) Tj ET Q q 0 0 0 rg BT 261.52 220.60 Td (of ) Tj ET Q q 0 0 0 rg BT 268.96 220.60 Td (the ) Tj ET Q q 0 0 0 rg BT 279.12 220.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 291.61 220.60 Td (of ) Tj ET Q q 0 0 0 rg BT 299.05 220.60 Td (a ) Tj ET Q q 0 0 0 rg BT 303.76 220.60 Td (39% ) Tj ET Q q 0 0 0 rg BT 318.20 220.60 Td (minority ) Tj ET Q q 0 0 0 rg BT 343.92 220.60 Td (stake ) Tj ET Q q 0 0 0 rg BT 359.91 220.60 Td (in ) Tj ET Q q 0 0 0 rg BT 366.97 220.60 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 390.35 220.60 Td (to ) Tj ET Q q 0 0 0 rg BT 397.40 220.60 Td (Sony) Tj ET Q q 0 0 0 rg BT 411.34 220.60 Td (. ) Tj ET Q q 0 0 0 rg BT 414.70 220.60 Td (See ) Tj ET Q q 0 0 0 rg BT 426.42 220.60 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 462.71 220.60 Td ( ) Tj ET Q q 0 0 0 rg BT 464.32 220.60 Td (Financial ) Tj ET Q q 0 0 0 rg BT 491.97 220.60 Td (Measures ) Tj ET Q q 0 0 0 rg BT 523.51 220.60 Td (section ) Tj ET Q q 0 0 0 rg BT 544.95 220.60 Td (of ) Tj ET Q q 0 0 0 rg BT 552.39 220.60 Td (this ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 212.20 Td (MD&A) Tj ET Q q 0 0 0 rg BT 71.39 212.20 Td ( ) Tj ET Q q 0 0 0 rg BT 73.14 212.20 Td (for ) Tj ET Q q 0 0 0 rg BT 83.06 212.20 Td (further ) Tj ET Q q 0 0 0 rg BT 103.85 212.20 Td (details.) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 303.50 33.60 Td (9) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 141.05 728.10 Td (SUMMAR) Tj ET Q q 0 0 0 rg BT 186.80 728.10 Td (Y) Tj ET Q q 0 0 0 rg BT 193.65 728.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 209.67 728.10 Td ( SELECTED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 327.85 728.10 Td (TED QUAR) Tj ET Q q 0 0 0 rg BT 380.00 728.10 Td (TERL) Tj ET Q q 0 0 0 rg BT 406.31 728.10 Td (Y) Tj ET Q q 0 0 0 rg BT 413.16 728.10 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 463.80 728.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.10 Td (DHX Media) Tj ET Q q 0 0 0 rg BT 102.49 710.10 Td (s results may vary on a quarterly basis due to the timing of production deliveries and distribution deals as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.10 Td (seasonality in our ) Tj ET Q q 0 0 0 rg BT 122.86 698.10 Td (W) Tj ET Q q 0 0 0 rg BT 131.90 698.10 Td (ildBrain and Consumer Products businesses. Historically) Tj ET Q q 0 0 0 rg BT 361.50 698.10 Td (, our first quarter is the lightest \(during summer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (months\). Our second and third quarters tend to be stronger as our main markets are geared towards the fall and winter months, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (especially during the Christmas season) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 205.52 674.10 Td (.) 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0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 603.6 m 255.75 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 603.6 m 427.75 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 603.6 m 561.75 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 588.6 m 49.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 584.6 m 214.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 588.6 m 214.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 584.6 m 255.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 588.6 m 255.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 588.6 m 427.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 584.6 m 474.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.75 584.6 m 518.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 588.6 m 561.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.75 584.6 m 561.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 584.6 m 49.75 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 584.6 m 214.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 584.6 m 214.75 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 584.6 m 255.75 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 584.6 m 298.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.75 584.6 m 343.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.75 584.6 m 384.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 584.6 m 427.75 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.75 584.6 m 427.75 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 584.6 m 561.75 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 574.6 m 49.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 574.6 m 214.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 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/GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 535.6 m 49.75 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 535.6 m 214.75 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 535.6 m 255.75 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 535.6 m 427.75 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 535.6 m 561.75 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 529.6 m 49.75 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 529.6 m 214.75 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 529.6 m 255.75 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 529.6 m 427.75 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 529.6 m 561.75 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 506.6 m 49.75 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 506.6 m 214.75 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 506.6 m 255.75 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 506.6 m 427.75 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 506.6 m 561.75 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 500.6 m 49.75 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 500.6 m 214.75 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 500.6 m 255.75 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 500.6 m 427.75 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 500.6 m 561.75 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 481.6 m 49.75 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 481.6 m 214.75 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 481.6 m 255.75 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 481.6 m 427.75 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 481.6 m 561.75 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 475.6 m 49.75 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 475.6 m 214.75 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 475.6 m 255.75 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 475.6 m 427.75 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 475.6 m 561.75 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 453.6 m 49.75 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 453.6 m 214.75 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 453.6 m 255.75 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 453.6 m 427.75 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 453.6 m 561.75 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 438.6 m 49.75 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 438.6 m 214.75 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 438.6 m 255.75 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 438.6 m 427.75 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 438.6 m 561.75 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 423.6 m 49.75 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 423.6 m 214.75 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 423.6 m 255.75 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 423.6 m 427.75 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 423.6 m 561.75 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 408.6 m 49.75 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 408.6 m 214.75 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 408.6 m 255.75 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 408.6 m 427.75 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 408.6 m 561.75 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 393.6 m 49.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.75 378.6 m 214.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 393.6 m 214.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.75 378.6 m 255.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 393.6 m 255.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.75 378.6 m 298.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.75 378.6 m 343.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.75 378.6 m 384.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 393.6 m 427.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.75 378.6 m 427.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 378.6 m 474.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.75 378.6 m 518.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.75 393.6 m 561.75 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.75 378.6 m 561.75 378.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.25 647.33 Td (Fiscal ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.10 637.33 Td (2019) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 243.10 641.86 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.85 638.28 Td (Fiscal 2018) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 363.35 642.81 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.85 638.28 Td (Fiscal 2017) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 516.35 642.81 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.35 623.28 Td (Q1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.35 623.28 Td (Q4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.35 623.28 Td (Q3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.35 623.28 Td (Q2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.35 623.28 Td (Q1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.35 623.28 Td (Q4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.85 623.28 Td (Q3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.35 623.28 Td (Q2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.25 607.83 Td (\(All numbers ar) Tj ET Q q 0 0 0 rg BT 106.84 607.83 Td (e in thousands) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.30 608.28 Td (30-Sep) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 608.28 Td (30-Jun) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.70 608.28 Td (31-Mar) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 608.28 Td (31-Dec) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.30 608.28 Td (30-Sep) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.00 608.28 Td (30-Jun) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.20 608.28 Td (31-Mar) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.00 608.28 Td (31-Dec) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.25 592.83 Td ( except per) Tj ET Q q 0 0 0 rg BT 89.42 592.83 Td ( shar) Tj ET Q q 0 0 0 rg BT 106.39 592.83 Td (e data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.25 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.25 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.25 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.25 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.25 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.25 593.28 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.75 593.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 537.25 593.28 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 563.85 Td (Revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.25 563.55 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.35 564.27 Td (104,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.35 564.27 Td (97,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.35 564.27 Td (1) Tj ET Q q 0 0 0 rg BT 312.35 564.27 Td (16,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.35 564.27 Td (121,941) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.35 564.27 Td (98,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.35 564.27 Td (87,647) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.35 564.27 Td (78,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.35 564.27 Td (78,883) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 539.85 Td (Gross Mar) Tj ET Q q 0 0 0 rg BT 86.10 539.85 Td (gin) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 96.32 543.48 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.25 539.55 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.35 540.27 Td (42,754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.35 540.27 Td (42,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.35 540.27 Td (50,972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.35 540.27 Td (53,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.35 540.27 Td (42,971) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.35 540.27 Td (40,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.35 540.27 Td (42,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.35 540.27 Td (42,017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 518.85 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 112.02 518.85 Td ( attributable to the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 510.85 Td (shareholders of the company) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 144.44 514.48 Td (2, 3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.25 510.55 Td (.............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.35 511.27 Td (17,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.35 511.27 Td (15,972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.35 511.27 Td (26,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.35 511.27 Td (32,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.35 511.27 Td (22,788) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.35 511.27 Td (23,671) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.35 511.27 Td (24,853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.35 511.27 Td (23,979) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 492.55 Td (Net Income \(Loss\) attributable to the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 484.55 Td (shareholders of the company) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 145.25 484.55 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.05 486.27 Td (\(2,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.90 486.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.05 486.27 Td (\(21,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.90 486.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.05 486.32 Td (\(8,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.90 486.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.35 486.27 Td (7,41) Tj ET Q q 0 0 0 rg BT 375.85 486.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.35 486.27 Td (8,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.05 486.32 Td (\(18,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.90 486.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.40 486.27 Td (7,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 486.27 Td (5,755) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 465.85 Td (W) Tj ET Q q 0 0 0 rg BT 59.16 465.85 Td (eighted average common shares outstanding ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 457.85 Td (\(expressed in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.25 457.55 Td (.......................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 442.85 Td ( Basic) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 77.25 442.55 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.35 443.27 Td (134,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.35 443.27 Td (134,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.35 443.27 Td (134,562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.35 443.27 Td (134,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.35 443.27 Td (134,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.35 443.27 Td (134,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.35 443.27 Td (134,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.35 443.27 Td (134,068) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 427.85 Td ( Diluted) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 83.25 427.55 Td (................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.35 428.27 Td (134,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.35 428.27 Td (134,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.35 428.27 Td (134,562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.35 428.27 Td (134,893) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.35 428.27 Td (135,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.35 428.27 Td (134,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.35 428.27 Td (135,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.35 428.27 Td (135,170) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 397.85 Td (Basic Earnings \(Loss\) Per Common Share) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 189.25 397.55 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.05 398.27 Td (\(0.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.90 398.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.05 398.27 Td (\(0.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.90 398.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.05 398.32 Td (\(0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.90 398.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.40 398.27 Td (0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.40 398.27 Td (0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.05 398.32 Td (\(0.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.90 398.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 398.27 Td (0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.40 398.27 Td (0.04) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.25 382.85 Td (Diluted Earnings \(Loss\) Per Common Share) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 195.25 382.55 Td (........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.05 383.27 Td (\(0.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.90 383.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.05 383.27 Td (\(0.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.90 383.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.05 383.32 Td (\(0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.90 383.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.40 383.27 Td (0.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.40 383.27 Td (0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.05 383.32 Td (\(0.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.90 383.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 383.27 Td (0.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.40 383.27 Td (0.04) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 50.00 361.87 Td (1) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.27 358.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 62.58 358.70 Td (2019 ) Tj ET Q q 0 0 0 rg BT 78.33 358.70 Td (included ) Tj ET Q q 0 0 0 rg BT 104.18 358.70 Td (the ) Tj ET Q q 0 0 0 rg BT 114.49 358.70 Td (full ) Tj ET Q q 0 0 0 rg BT 125.96 358.70 Td (results ) Tj ET Q q 0 0 0 rg BT 145.98 358.70 Td (for ) Tj ET Q q 0 0 0 rg BT 155.89 358.70 Td (all ) Tj ET Q q 0 0 0 rg BT 164.64 358.70 Td (the ) Tj ET Q q 0 0 0 rg BT 174.94 358.70 Td (Company) Tj ET Q q 0 0 0 rg BT 204.11 358.70 Td (s ) Tj ET Q q 0 0 0 rg BT 208.58 358.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 239.49 358.70 Td (and ) Tj ET Q q 0 0 0 rg BT 251.35 358.70 Td (subsidiaries.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 344.30 Td (All ) Tj ET Q q 0 0 0 rg BT 60.43 344.30 Td (four ) Tj ET Q q 0 0 0 rg BT 73.57 344.30 Td (quarters ) Tj ET Q q 0 0 0 rg BT 97.60 344.30 Td (of ) Tj ET Q q 0 0 0 rg BT 104.91 344.30 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 123.12 344.30 Td (2018 ) Tj ET Q q 0 0 0 rg BT 138.60 344.30 Td (included ) Tj ET Q q 0 0 0 rg BT 164.18 344.30 Td (the ) Tj ET Q q 0 0 0 rg BT 174.22 344.30 Td (full ) Tj ET Q q 0 0 0 rg BT 185.42 344.30 Td (results ) Tj ET Q q 0 0 0 rg BT 205.18 344.30 Td (for ) Tj ET Q q 0 0 0 rg BT 214.82 344.30 Td (all ) Tj ET Q q 0 0 0 rg BT 223.30 344.30 Td (the ) Tj ET Q q 0 0 0 rg BT 233.34 344.30 Td (Company) Tj ET Q q 0 0 0 rg BT 262.50 344.30 Td (s ) Tj ET Q q 0 0 0 rg BT 266.71 344.30 Td (operations ) Tj ET Q q 0 0 0 rg BT 297.35 344.30 Td (except ) Tj ET Q q 0 0 0 rg BT 317.10 344.30 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 327.14 344.30 Td (2018 ) Tj ET Q q 0 0 0 rg BT 342.62 344.30 Td (which ) Tj ET Q q 0 0 0 rg BT 361.21 344.30 Td (included ) Tj ET Q q 0 0 0 rg BT 386.79 344.30 Td (Ellie ) Tj ET Q q 0 0 0 rg BT 401.49 344.30 Td (Sparkles ) Tj ET Q q 0 0 0 rg BT 427.08 344.30 Td (for ) Tj ET Q q 0 0 0 rg BT 436.73 344.30 Td (only ) Tj ET Q q 0 0 0 rg BT 450.65 344.30 Td (16 ) Tj ET Q q 0 0 0 rg BT 459.14 344.30 Td (days ) Tj ET Q q 0 0 0 rg BT 473.45 344.30 Td (as ) Tj ET Q q 0 0 0 rg BT 480.76 344.30 Td (it ) Tj ET Q q 0 0 0 rg BT 486.14 344.30 Td (was ) Tj ET Q q 0 0 0 rg BT 498.50 344.30 Td (acquired ) Tj ET Q q 0 0 0 rg BT 524.08 344.30 Td (on ) Tj ET Q q 0 0 0 rg BT 532.57 344.30 Td (September ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 335.90 Td (15, ) Tj ET Q q 0 0 0 rg BT 60.50 335.90 Td (2017. ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 321.50 Td (All ) Tj ET Q q 0 0 0 rg BT 60.84 321.50 Td (three ) Tj ET Q q 0 0 0 rg BT 76.73 321.50 Td (quarters ) Tj ET Q q 0 0 0 rg BT 101.18 321.50 Td (of ) Tj ET Q q 0 0 0 rg BT 108.91 321.50 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 127.53 321.50 Td (2017 ) Tj ET Q q 0 0 0 rg BT 143.42 321.50 Td (included ) Tj ET Q q 0 0 0 rg BT 169.43 321.50 Td (the ) Tj ET Q q 0 0 0 rg BT 179.88 321.50 Td (full ) Tj ET Q q 0 0 0 rg BT 191.50 321.50 Td (results ) Tj ET Q q 0 0 0 rg BT 211.67 321.50 Td (for ) Tj ET Q q 0 0 0 rg BT 221.73 321.50 Td (all ) Tj ET Q q 0 0 0 rg BT 230.63 321.50 Td (of ) Tj ET Q q 0 0 0 rg BT 238.36 321.50 Td (the ) Tj ET Q q 0 0 0 rg BT 248.81 321.50 Td (Company) Tj ET Q q 0 0 0 rg BT 277.98 321.50 Td (s ) Tj ET Q q 0 0 0 rg BT 282.60 321.50 Td (operations ) Tj ET Q q 0 0 0 rg BT 313.66 321.50 Td (but ) Tj ET Q q 0 0 0 rg BT 324.50 321.50 Td (excluded ) Tj ET Q q 0 0 0 rg BT 351.66 321.50 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 375.34 321.50 Td (and ) Tj ET Q q 0 0 0 rg BT 387.34 321.50 Td (Strawberry ) Tj ET Q q 0 0 0 rg BT 420.34 321.50 Td (Shortcake, ) Tj ET Q q 0 0 0 rg BT 451.98 321.50 Td (which ) Tj ET Q q 0 0 0 rg BT 470.99 321.50 Td (were ) Tj ET Q q 0 0 0 rg BT 486.49 321.50 Td (acquired ) Tj ET Q q 0 0 0 rg BT 512.48 321.50 Td (on ) Tj ET Q q 0 0 0 rg BT 521.38 321.50 Td (June ) Tj ET Q q 0 0 0 rg BT 536.11 321.50 Td (30, ) Tj ET Q q 0 0 0 rg BT 546.76 321.50 Td (2017, ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (and ) Tj ET Q q 0 0 0 rg BT 61.69 313.10 Td (Ellie ) Tj ET Q q 0 0 0 rg BT 76.49 313.10 Td (Sparkles, ) Tj ET Q q 0 0 0 rg BT 103.93 313.10 Td (which ) Tj ET Q q 0 0 0 rg BT 122.62 313.10 Td (was ) Tj ET Q q 0 0 0 rg BT 135.09 313.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 160.77 313.10 Td (on ) Tj ET Q q 0 0 0 rg BT 169.35 313.10 Td (September ) Tj ET Q q 0 0 0 rg BT 200.87 313.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 211.20 313.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 228.53 313.10 Td ( ) Tj ET Q q 0 0 0 rg BT 230.11 313.10 Td (Kiddyzuzaa, ) Tj ET Q q 0 0 0 rg BT 266.87 313.10 Td (which ) Tj ET Q q 0 0 0 rg BT 285.56 313.10 Td (was ) Tj ET Q q 0 0 0 rg BT 298.03 313.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 323.71 313.10 Td (on ) Tj ET Q q 0 0 0 rg BT 332.29 313.10 Td (March ) Tj ET Q q 0 0 0 rg BT 352.15 313.10 Td (3, ) Tj ET Q q 0 0 0 rg BT 358.98 313.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 376.31 313.10 Td (was ) Tj ET Q q 0 0 0 rg BT 388.78 313.10 Td (included ) Tj ET Q q 0 0 0 rg BT 414.46 313.10 Td (for ) Tj ET Q q 0 0 0 rg BT 424.21 313.10 Td (all ) Tj ET Q q 0 0 0 rg BT 432.79 313.10 Td (of ) Tj ET Q q 0 0 0 rg BT 440.20 313.10 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 450.34 313.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 467.67 313.10 Td (29 ) Tj ET Q q 0 0 0 rg BT 476.25 313.10 Td (days ) Tj ET Q q 0 0 0 rg BT 490.67 313.10 Td (of ) Tj ET Q q 0 0 0 rg BT 498.08 313.10 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 508.22 313.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 525.55 313.10 Td (and ) Tj ET Q q 0 0 0 rg BT 537.24 313.10 Td (excluded ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 304.70 Td (from ) Tj ET Q q 0 0 0 rg BT 65.36 304.70 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 75.66 304.70 Td (2017. ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 290.30 Td ( ) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 51.75 293.47 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 54.02 290.30 Td (See ) Tj ET Q q 0 0 0 rg BT 65.88 290.30 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 102.17 290.30 Td ( ) Tj ET Q q 0 0 0 rg BT 103.92 290.30 Td (Financial ) Tj ET Q q 0 0 0 rg BT 131.72 290.30 Td (Measures ) Tj ET Q q 0 0 0 rg BT 163.40 290.30 Td (section ) Tj ET Q q 0 0 0 rg BT 184.98 290.30 Td (of ) Tj ET Q q 0 0 0 rg BT 192.56 290.30 Td (this ) Tj ET Q q 0 0 0 rg BT 204.43 290.30 Td (MD&A) Tj ET Q q 0 0 0 rg BT 225.82 290.30 Td ( ) Tj ET Q q 0 0 0 rg BT 227.57 290.30 Td (for ) Tj ET Q q 0 0 0 rg BT 237.48 290.30 Td (further ) Tj ET Q q 0 0 0 rg BT 258.28 290.30 Td (details.) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 50.00 279.07 Td (3) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 52.27 275.90 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 61.85 275.90 Td (2018 ) Tj ET Q q 0 0 0 rg BT 76.65 275.90 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 102.94 275.90 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 128.22 275.90 Td ( ) Tj ET Q q 0 0 0 rg BT 129.24 275.90 Td (attributable ) Tj ET Q q 0 0 0 rg BT 162.13 275.90 Td (to ) Tj ET Q q 0 0 0 rg BT 168.60 275.90 Td (the ) Tj ET Q q 0 0 0 rg BT 178.17 275.90 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 214.57 275.90 Td (of ) Tj ET Q q 0 0 0 rg BT 221.42 275.90 Td (the ) Tj ET Q q 0 0 0 rg BT 230.99 275.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 259.23 275.90 Td (included ) Tj ET Q q 0 0 0 rg BT 284.36 275.90 Td (the ) Tj ET Q q 0 0 0 rg BT 293.93 275.90 Td (Company's ) Tj ET Q q 0 0 0 rg BT 326.16 275.90 Td (80% ) Tj ET Q q 0 0 0 rg BT 340.01 275.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 361.63 275.90 Td (in ) Tj ET Q q 0 0 0 rg BT 368.10 275.90 Td (Peanuts. ) Tj ET Q q 0 0 0 rg BT 392.64 275.90 Td (In ) Tj ET Q q 0 0 0 rg BT 399.50 275.90 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 409.07 275.90 Td (2019, ) Tj ET Q q 0 0 0 rg BT 425.62 275.90 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 451.91 275.90 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 477.19 275.90 Td ( ) Tj ET Q q 0 0 0 rg BT 478.21 275.90 Td (attributable ) Tj ET Q q 0 0 0 rg BT 511.11 275.90 Td (to ) Tj ET Q q 0 0 0 rg BT 517.57 275.90 Td (the ) Tj ET Q q 0 0 0 rg BT 527.14 275.90 Td (shareholders ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 267.50 Td (of ) Tj ET Q q 0 0 0 rg BT 57.47 267.50 Td (the ) Tj ET Q q 0 0 0 rg BT 67.66 267.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 96.52 267.50 Td (included ) Tj ET Q q 0 0 0 rg BT 122.26 267.50 Td (the ) Tj ET Q q 0 0 0 rg BT 132.44 267.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 165.29 267.50 Td (41% ) Tj ET Q q 0 0 0 rg BT 179.76 267.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 202.00 267.50 Td (in ) Tj ET Q q 0 0 0 rg BT 209.08 267.50 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 232.49 267.50 Td (as ) Tj ET Q q 0 0 0 rg BT 239.96 267.50 Td (a ) Tj ET Q q 0 0 0 rg BT 244.70 267.50 Td (result ) Tj ET Q q 0 0 0 rg BT 261.89 267.50 Td (of ) Tj ET Q q 0 0 0 rg BT 269.36 267.50 Td (the ) Tj ET Q q 0 0 0 rg BT 279.55 267.50 Td (sale ) Tj ET Q q 0 0 0 rg BT 292.07 267.50 Td (of ) Tj ET Q q 0 0 0 rg BT 299.54 267.50 Td (a ) Tj ET Q q 0 0 0 rg BT 304.28 267.50 Td (39% ) Tj ET Q q 0 0 0 rg BT 318.75 267.50 Td (minority ) Tj ET Q q 0 0 0 rg BT 344.50 267.50 Td (stake ) Tj ET Q q 0 0 0 rg BT 360.52 267.50 Td (in ) Tj ET Q q 0 0 0 rg BT 367.60 267.50 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 391.01 267.50 Td (to ) Tj ET Q q 0 0 0 rg BT 398.10 267.50 Td (Sony) Tj ET Q q 0 0 0 rg BT 412.03 267.50 Td (. ) Tj ET Q q 0 0 0 rg BT 415.06 267.50 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 441.97 267.50 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 467.25 267.50 Td ( ) Tj ET Q q 0 0 0 rg BT 468.89 267.50 Td (attributable ) Tj ET Q q 0 0 0 rg BT 502.40 267.50 Td (to ) Tj ET Q q 0 0 0 rg BT 509.48 267.50 Td (the ) Tj ET Q q 0 0 0 rg BT 519.67 267.50 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 556.68 267.50 Td (of ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 60.71 259.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 90.09 259.10 Td (is ) Tj ET Q q 0 0 0 rg BT 96.92 259.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 127.45 259.10 Td (as ) Tj ET Q q 0 0 0 rg BT 135.44 259.10 Td (outlined ) Tj ET Q q 0 0 0 rg BT 160.54 259.10 Td (in ) Tj ET Q q 0 0 0 rg BT 168.15 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.86 259.10 Td (section ) Tj ET Q q 0 0 0 rg BT 200.85 259.10 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 237.14 259.10 Td ( ) Tj ET Q q 0 0 0 rg BT 239.30 259.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 267.51 259.10 Td (Measures, ) Tj ET Q q 0 0 0 rg BT 301.35 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 313.62 259.10 Td (a ) Tj ET Q q 0 0 0 rg BT 318.88 259.10 Td (detailed ) Tj ET Q q 0 0 0 rg BT 343.20 259.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 376.07 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 384.06 259.10 Td (each ) Tj ET Q q 0 0 0 rg BT 399.04 259.10 Td (is ) Tj ET Q q 0 0 0 rg BT 405.87 259.10 Td (included ) Tj ET Q q 0 0 0 rg BT 432.13 259.10 Td (in ) Tj ET Q q 0 0 0 rg BT 439.74 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 450.45 259.10 Td (Reconciliation ) Tj ET Q q 0 0 0 rg BT 496.54 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 504.53 259.10 Td (Historical ) Tj ET Q q 0 0 0 rg BT 534.29 259.10 Td (Results ) Tj ET Q q 0 0 0 rg BT 557.07 259.10 Td (to ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 50.00 250.70 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 77.03 250.70 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 107.54 250.70 Td (section ) Tj ET Q q 0 0 0 rg BT 129.12 250.70 Td (of ) Tj ET Q q 0 0 0 rg BT 136.70 250.70 Td (this ) Tj ET Q q 0 0 0 rg BT 148.57 250.70 Td (MD&A.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F2 9.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 742.60 Td (Results ) Tj ET Q q 0 0 0 rg BT 81.93 742.60 Td (for) Tj ET Q q 0 0 0 rg BT 93.89 742.60 Td ( ) Tj ET Q q 0 0 0 rg BT 96.27 742.60 Td (the ) Tj ET Q q 0 0 0 rg BT 111.31 742.60 Td (thr) Tj ET Q q 0 0 0 rg BT 123.80 742.60 Td (ee ) Tj ET Q q 0 0 0 rg BT 134.61 742.60 Td (months ) Tj ET Q q 0 0 0 rg BT 167.07 742.60 Td (ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 193.73 742.60 Td (September) Tj ET Q q 0 0 0 rg BT 237.36 742.60 Td ( ) Tj ET Q q 0 0 0 rg BT 239.73 742.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 253.98 742.60 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 272.98 742.60 Td ( ) Tj ET Q q 0 0 0 rg BT 275.36 742.60 Td (compar) Tj ET Q q 0 0 0 rg BT 306.32 742.60 Td (ed ) Tj ET Q q 0 0 0 rg BT 318.19 742.60 Td (to ) Tj ET Q q 0 0 0 rg BT 328.48 742.60 Td (the ) Tj ET Q q 0 0 0 rg BT 343.52 742.60 Td (thr) Tj ET Q q 0 0 0 rg BT 356.01 742.60 Td (ee ) Tj ET Q q 0 0 0 rg BT 366.82 742.60 Td (months ) Tj ET Q q 0 0 0 rg BT 399.29 742.60 Td (ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 425.95 742.60 Td (September) Tj ET Q q 0 0 0 rg BT 469.57 742.60 Td ( ) Tj ET Q q 0 0 0 rg BT 471.95 742.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 486.20 742.60 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.20 742.60 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 50.00 725.20 Td (Revenues) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 87.47 725.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 707.20 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 123.27 707.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 157.41 707.20 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 707.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 186.28 707.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.28 707.20 Td ( ) Tj ET Q q 0 0 0 rg BT 208.77 707.20 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.69 707.20 Td ($104.0 ) Tj ET Q q 0 0 0 rg BT 260.69 707.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.58 707.20 Td (, ) Tj ET Q q 0 0 0 rg BT 294.57 707.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 336.49 707.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.76 707.20 Td ($98.6 ) Tj ET Q q 0 0 0 rg BT 371.76 707.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 707.20 Td ( ) Tj ET Q q 0 0 0 rg BT 403.14 707.20 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.42 707.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 428.13 707.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.13 707.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.13 707.20 Td (an ) Tj ET Q q 0 0 0 rg BT 465.06 707.20 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.81 707.20 Td ( ) Tj ET Q q 0 0 0 rg BT 500.31 707.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.13 707.20 Td ($5.4 ) Tj ET Q q 0 0 0 rg BT 531.13 707.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.02 707.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.20 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.87 695.20 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.20 695.20 Td (. ) Tj ET Q q 0 0 0 rg BT 77.13 695.20 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.21 695.20 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.96 695.20 Td ( ) Tj ET Q q 0 0 0 rg BT 128.50 695.20 Td (was ) Tj ET Q q 0 0 0 rg BT 145.59 695.20 Td (attributed ) Tj ET Q q 0 0 0 rg BT 185.45 695.20 Td (to ) Tj ET Q q 0 0 0 rg BT 194.77 695.20 Td (continued ) Tj ET Q q 0 0 0 rg BT 235.74 695.20 Td (strong ) Tj ET Q q 0 0 0 rg BT 262.28 695.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 292.14 695.20 Td (in ) Tj ET Q q 0 0 0 rg BT 301.35 695.20 Td (W) Tj ET Q q 0 0 0 rg BT 310.39 695.20 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 347.20 695.20 Td (higher ) Tj ET Q q 0 0 0 rg BT 374.28 695.20 Td (revenues ) Tj ET Q q 0 0 0 rg BT 411.36 695.20 Td (in ) Tj ET Q q 0 0 0 rg BT 420.68 695.20 Td (the ) Tj ET Q q 0 0 0 rg BT 434.43 695.20 Td (Company) Tj ET Q q 0 0 0 rg BT 476.10 695.20 Td (s ) Tj ET Q q 0 0 0 rg BT 481.53 695.20 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 524.17 695.20 Td (Products-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.20 Td (Owned ) Tj ET Q q 0 0 0 rg BT 81.31 683.20 Td (driven ) Tj ET Q q 0 0 0 rg BT 109.29 683.20 Td (by ) Tj ET Q q 0 0 0 rg BT 121.72 683.20 Td (Peanuts, ) Tj ET Q q 0 0 0 rg BT 157.76 683.20 Td (and ) Tj ET Q q 0 0 0 rg BT 174.63 683.20 Td (higher ) Tj ET Q q 0 0 0 rg BT 202.61 683.20 Td (Producer ) Tj ET Q q 0 0 0 rg BT 241.14 683.20 Td (and ) Tj ET Q q 0 0 0 rg BT 258.01 683.20 Td (Service ) Tj ET Q q 0 0 0 rg BT 290.43 683.20 Td (Fees, ) Tj ET Q q 0 0 0 rg BT 313.69 683.20 Td (generating ) Tj ET Q q 0 0 0 rg BT 358.33 683.20 Td (quarter) Tj ET Q q 0 0 0 rg BT 386.44 683.20 Td (-over) Tj ET Q q 0 0 0 rg BT 407.34 683.20 Td (-quarter ) Tj ET Q q 0 0 0 rg BT 441.42 683.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 480.49 683.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.25 683.20 Td ($5.3 ) Tj ET Q q 0 0 0 rg BT 511.19 683.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.08 683.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.01 683.20 Td ($4.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 671.20 Td (, ) Tj ET Q q 0 0 0 rg BT 82.88 671.20 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.81 671.20 Td ($4.4 ) Tj ET Q q 0 0 0 rg BT 117.79 671.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.69 671.20 Td (, ) Tj ET Q q 0 0 0 rg BT 150.67 671.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 198.34 671.20 Td (. ) Tj ET Q q 0 0 0 rg BT 202.22 671.20 Td (These ) Tj ET Q q 0 0 0 rg BT 227.58 671.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 265.72 671.20 Td (were ) Tj ET Q q 0 0 0 rg BT 286.63 671.20 Td (partially ) Tj ET Q q 0 0 0 rg BT 321.44 671.20 Td (of) Tj ET Q q 0 0 0 rg BT 329.59 671.20 Td (fset ) Tj ET Q q 0 0 0 rg BT 345.52 671.20 Td (by ) Tj ET Q q 0 0 0 rg BT 357.01 671.20 Td (lower ) Tj ET Q q 0 0 0 rg BT 381.26 671.20 Td (revenues ) Tj ET Q q 0 0 0 rg BT 418.29 671.20 Td (in ) Tj ET Q q 0 0 0 rg BT 427.55 671.20 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 477.38 671.20 Td (excluding ) Tj ET Q q 0 0 0 rg BT 518.19 671.20 Td (W) Tj ET Q q 0 0 0 rg BT 527.23 671.20 Td (ildBrain, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.20 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 98.35 659.20 Td (Production, ) Tj ET Q q 0 0 0 rg BT 147.86 659.20 Td (T) Tj ET Q q 0 0 0 rg BT 153.27 659.20 Td (elevision, ) Tj ET Q q 0 0 0 rg BT 195.24 659.20 Td (and ) Tj ET Q q 0 0 0 rg BT 213.04 659.20 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 257.52 659.20 Td (Products-Represented ) Tj ET Q q 0 0 0 rg BT 348.64 659.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.33 659.20 Td ($3.5 ) Tj ET Q q 0 0 0 rg BT 381.20 659.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.09 659.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.96 659.20 Td ($2.0 ) Tj ET Q q 0 0 0 rg BT 436.82 659.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.71 659.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.58 659.20 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 492.44 659.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.34 659.20 Td (, ) Tj ET Q q 0 0 0 rg BT 527.20 659.20 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.01 659.20 Td ($2.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 647.20 Td (, ) Tj ET Q q 0 0 0 rg BT 83.89 647.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 131.55 647.20 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 629.20 Td (During ) Tj ET Q q 0 0 0 rg BT 98.99 629.20 Td (the ) Tj ET Q q 0 0 0 rg BT 113.87 629.20 Td (first ) Tj ET Q q 0 0 0 rg BT 132.64 629.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 163.62 629.20 Td (of ) Tj ET Q q 0 0 0 rg BT 174.61 629.20 Td (2019, ) Tj ET Q q 0 0 0 rg BT 199.77 629.20 Td (the ) Tj ET Q q 0 0 0 rg BT 214.65 629.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 256.19 629.20 Td (implemented ) Tj ET Q q 0 0 0 rg BT 311.06 629.20 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 334.85 629.20 Td (15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.01 629.20 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 386.53 629.20 Td (fr) Tj ET Q q 0 0 0 rg BT 392.83 629.20 Td (om ) Tj ET Q q 0 0 0 rg BT 407.71 629.20 Td (contracts ) Tj ET Q q 0 0 0 rg BT 447.59 629.20 Td (with ) Tj ET Q q 0 0 0 rg BT 467.48 629.20 Td (customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.03 629.20 Td ( ) Tj ET Q q 0 0 0 rg BT 510.69 629.20 Td (\(IFRS ) Tj ET Q q 0 0 0 rg BT 542.24 629.20 Td (15\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.20 Td (which ) Tj ET Q q 0 0 0 rg BT 77.10 617.20 Td (established ) Tj ET Q q 0 0 0 rg BT 124.19 617.20 Td (a ) Tj ET Q q 0 0 0 rg BT 131.29 617.20 Td (new ) Tj ET Q q 0 0 0 rg BT 150.61 617.20 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 213.80 617.20 Td (framework ) Tj ET Q q 0 0 0 rg BT 260.33 617.20 Td (on ) Tj ET Q q 0 0 0 rg BT 272.99 617.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 307.30 617.20 Td (recognition. ) Tj ET Q q 0 0 0 rg BT 357.81 617.20 Td (The ) Tj ET Q q 0 0 0 rg BT 376.01 617.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 417.56 617.20 Td (elected ) Tj ET Q q 0 0 0 rg BT 448.53 617.20 Td (to ) Tj ET Q q 0 0 0 rg BT 458.97 617.20 Td (implement ) Tj ET Q q 0 0 0 rg BT 504.40 617.20 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 528.18 617.20 Td (15 ) Tj ET Q q 0 0 0 rg BT 540.84 617.20 Td (using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.20 Td (the ) Tj ET Q q 0 0 0 rg BT 64.84 605.20 Td (modified ) Tj ET Q q 0 0 0 rg BT 103.57 605.20 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 157.84 605.20 Td (method, ) Tj ET Q q 0 0 0 rg BT 192.96 605.20 Td (which ) Tj ET Q q 0 0 0 rg BT 220.03 605.20 Td (allows ) Tj ET Q q 0 0 0 rg BT 248.76 605.20 Td (the ) Tj ET Q q 0 0 0 rg BT 263.61 605.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 305.12 605.20 Td (to ) Tj ET Q q 0 0 0 rg BT 315.53 605.20 Td (quantify ) Tj ET Q q 0 0 0 rg BT 351.48 605.20 Td (the ) Tj ET Q q 0 0 0 rg BT 366.32 605.20 Td (ef) Tj ET Q q 0 0 0 rg BT 373.91 605.20 Td (fects ) Tj ET Q q 0 0 0 rg BT 395.42 605.20 Td (of ) Tj ET Q q 0 0 0 rg BT 406.37 605.20 Td (applying ) Tj ET Q q 0 0 0 rg BT 443.99 605.20 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 467.74 605.20 Td (15 ) Tj ET Q q 0 0 0 rg BT 480.37 605.20 Td (to ) Tj ET Q q 0 0 0 rg BT 490.78 605.20 Td (each ) Tj ET Q q 0 0 0 rg BT 511.72 605.20 Td (period ) Tj ET Q q 0 0 0 rg BT 539.89 605.20 Td (in ) Tj ET Q q 0 0 0 rg BT 550.30 605.20 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.20 Td (current ) Tj ET Q q 0 0 0 rg BT 81.49 593.20 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 106.33 593.20 Td (year) Tj ET Q q 0 0 0 rg BT 123.13 593.20 Td (, ) Tj ET Q q 0 0 0 rg BT 128.81 593.20 Td (as ) Tj ET Q q 0 0 0 rg BT 140.32 593.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 182.92 593.20 Td (to ) Tj ET Q q 0 0 0 rg BT 193.88 593.20 Td (the ) Tj ET Q q 0 0 0 rg BT 209.27 593.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 247.43 593.20 Td (results ) Tj ET Q q 0 0 0 rg BT 276.71 593.20 Td (had ) Tj ET Q q 0 0 0 rg BT 294.33 593.20 Td (the ) Tj ET Q q 0 0 0 rg BT 309.73 593.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 351.79 593.20 Td (not ) Tj ET Q q 0 0 0 rg BT 367.75 593.20 Td (implemented ) Tj ET Q q 0 0 0 rg BT 423.13 593.20 Td (this ) Tj ET Q q 0 0 0 rg BT 440.76 593.20 Td (new ) Tj ET Q q 0 0 0 rg BT 460.59 593.20 Td (accounting ) Tj ET Q q 0 0 0 rg BT 507.64 593.20 Td (standard. ) Tj ET Q q 0 0 0 rg BT 546.97 593.20 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.20 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 581.20 Td (fect ) Tj ET Q q 0 0 0 rg BT 75.04 581.20 Td (of ) Tj ET Q q 0 0 0 rg BT 85.83 581.20 Td (implementing ) Tj ET Q q 0 0 0 rg BT 143.84 581.20 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 167.42 581.20 Td (15 ) Tj ET Q q 0 0 0 rg BT 179.89 581.20 Td (was ) Tj ET Q q 0 0 0 rg BT 197.90 581.20 Td (a ) Tj ET Q q 0 0 0 rg BT 204.80 581.20 Td (net ) Tj ET Q q 0 0 0 rg BT 219.48 581.20 Td (reduction ) Tj ET Q q 0 0 0 rg BT 259.71 581.20 Td (in ) Tj ET Q q 0 0 0 rg BT 269.95 581.20 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 322.95 581.20 Td (reported ) Tj ET Q q 0 0 0 rg BT 358.73 581.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 392.84 581.20 Td (in ) Tj ET Q q 0 0 0 rg BT 403.08 581.20 Td (the ) Tj ET Q q 0 0 0 rg BT 417.76 581.20 Td (first ) Tj ET Q q 0 0 0 rg BT 436.33 581.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 467.10 581.20 Td (of ) Tj ET Q q 0 0 0 rg BT 477.90 581.20 Td (2019 ) Tj ET Q q 0 0 0 rg BT 500.36 581.20 Td (of ) Tj ET Q q 0 0 0 rg BT 511.15 581.20 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 531.11 581.20 Td (million. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.20 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 569.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 97.76 569.20 Td (of ) Tj ET Q q 0 0 0 rg BT 108.59 569.20 Td (the ) Tj ET Q q 0 0 0 rg BT 123.31 569.20 Td (new ) Tj ET Q q 0 0 0 rg BT 142.47 569.20 Td (standard ) Tj ET Q q 0 0 0 rg BT 178.84 569.20 Td (on ) Tj ET Q q 0 0 0 rg BT 191.34 569.20 Td (the ) Tj ET Q q 0 0 0 rg BT 206.06 569.20 Td (first ) Tj ET Q q 0 0 0 rg BT 224.67 569.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 255.48 569.20 Td (of ) Tj ET Q q 0 0 0 rg BT 266.31 569.20 Td (2019 ) Tj ET Q q 0 0 0 rg BT 288.81 569.20 Td (comprised ) Tj ET Q q 0 0 0 rg BT 332.97 569.20 Td (the ) Tj ET Q q 0 0 0 rg BT 347.69 569.20 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 551.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 551.20 Td (An ) Tj ET Q q 0 0 0 rg BT 118.72 551.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 153.98 551.20 Td (in ) Tj ET Q q 0 0 0 rg BT 164.25 551.20 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 207.86 551.20 Td (Products-Owned ) Tj ET Q q 0 0 0 rg BT 277.57 551.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 311.72 551.20 Td (by ) Tj ET Q q 0 0 0 rg BT 324.22 551.20 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 344.22 551.20 Td (million;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 533.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 533.20 Td (A) Tj ET Q q 0 0 0 rg BT 110.67 533.20 Td ( ) Tj ET Q q 0 0 0 rg BT 113.47 533.20 Td (decrease ) Tj ET Q q 0 0 0 rg BT 150.68 533.20 Td (in ) Tj ET Q q 0 0 0 rg BT 161.26 533.20 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 209.04 533.20 Td (Production ) Tj ET Q q 0 0 0 rg BT 255.72 533.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 290.17 533.20 Td (by ) Tj ET Q q 0 0 0 rg BT 302.96 533.20 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 323.26 533.20 Td (million, ) Tj ET Q q 0 0 0 rg BT 357.45 533.20 Td (which ) Tj ET Q q 0 0 0 rg BT 384.69 533.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 419.13 533.20 Td (is ) Tj ET Q q 0 0 0 rg BT 428.60 533.20 Td (expected ) Tj ET Q q 0 0 0 rg BT 466.93 533.20 Td (to ) Tj ET Q q 0 0 0 rg BT 477.51 533.20 Td (be ) Tj ET Q q 0 0 0 rg BT 489.74 533.20 Td (recognized ) Tj ET Q q 0 0 0 rg BT 536.40 533.20 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 521.20 Td (the ) Tj ET Q q 0 0 0 rg BT 118.72 521.20 Td (remainder ) Tj ET Q q 0 0 0 rg BT 161.75 521.20 Td (of ) Tj ET Q q 0 0 0 rg BT 172.58 521.20 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 196.73 521.20 Td (2019; ) Tj ET Q q 0 0 0 rg BT 222.01 521.20 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 503.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 503.20 Td (A) Tj ET Q q 0 0 0 rg BT 110.67 503.20 Td ( ) Tj ET Q q 0 0 0 rg BT 112.91 503.20 Td (decrease ) Tj ET Q q 0 0 0 rg BT 149.57 503.20 Td (in ) Tj ET Q q 0 0 0 rg BT 159.59 503.20 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 210.16 503.20 Td (excluding ) Tj ET Q q 0 0 0 rg BT 251.67 503.20 Td (W) Tj ET Q q 0 0 0 rg BT 260.71 503.20 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 295.73 503.20 Td (by ) Tj ET Q q 0 0 0 rg BT 307.97 503.20 Td ($0.9 ) Tj ET Q q 0 0 0 rg BT 327.71 503.20 Td (million, ) Tj ET Q q 0 0 0 rg BT 361.34 503.20 Td (which ) Tj ET Q q 0 0 0 rg BT 388.02 503.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 421.91 503.20 Td (is ) Tj ET Q q 0 0 0 rg BT 430.82 503.20 Td (expected ) Tj ET Q q 0 0 0 rg BT 468.59 503.20 Td (to ) Tj ET Q q 0 0 0 rg BT 478.61 503.20 Td (be ) Tj ET Q q 0 0 0 rg BT 490.29 503.20 Td (recognized ) Tj ET Q q 0 0 0 rg BT 536.40 503.20 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 491.20 Td (the ) Tj ET Q q 0 0 0 rg BT 118.72 491.20 Td (remainder ) Tj ET Q q 0 0 0 rg BT 161.75 491.20 Td (of ) Tj ET Q q 0 0 0 rg BT 172.58 491.20 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 196.73 491.20 Td (2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 473.20 Td (Additional ) Tj ET Q q 0 0 0 rg BT 113.76 473.20 Td (details ) Tj ET Q q 0 0 0 rg BT 142.84 473.20 Td (on ) Tj ET Q q 0 0 0 rg BT 155.82 473.20 Td (the ) Tj ET Q q 0 0 0 rg BT 171.02 473.20 Td (ef) Tj ET Q q 0 0 0 rg BT 178.61 473.20 Td (fects ) Tj ET Q q 0 0 0 rg BT 200.47 473.20 Td (of ) Tj ET Q q 0 0 0 rg BT 211.78 473.20 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 235.89 473.20 Td (15 ) Tj ET Q q 0 0 0 rg BT 248.87 473.20 Td (on ) Tj ET Q q 0 0 0 rg BT 261.85 473.20 Td (the ) Tj ET Q q 0 0 0 rg BT 277.05 473.20 Td (Company) Tj ET Q q 0 0 0 rg BT 318.72 473.20 Td (s ) Tj ET Q q 0 0 0 rg BT 325.59 473.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 360.22 473.20 Td (recognition ) Tj ET Q q 0 0 0 rg BT 408.74 473.20 Td (accounting ) Tj ET Q q 0 0 0 rg BT 455.60 473.20 Td (policies ) Tj ET Q q 0 0 0 rg BT 489.68 473.20 Td (and ) Tj ET Q q 0 0 0 rg BT 507.11 473.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 537.30 473.20 Td (on ) Tj ET Q q 0 0 0 rg BT 550.28 473.20 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.20 Td (first ) Tj ET Q q 0 0 0 rg BT 68.61 461.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 99.42 461.20 Td (of ) Tj ET Q q 0 0 0 rg BT 110.25 461.20 Td (2019 ) Tj ET Q q 0 0 0 rg BT 132.75 461.20 Td (are ) Tj ET Q q 0 0 0 rg BT 147.46 461.20 Td (described ) Tj ET Q q 0 0 0 rg BT 188.28 461.20 Td (in ) Tj ET Q q 0 0 0 rg BT 198.55 461.20 Td (the ) Tj ET Q q 0 0 0 rg BT 213.27 461.20 Td (section ) Tj ET Q q 0 0 0 rg BT 244.10 461.20 Td (Changes ) Tj ET Q q 0 0 0 rg BT 285.47 461.20 Td (in ) Tj ET Q q 0 0 0 rg BT 295.20 461.20 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 344.36 461.20 Td (Policies ) Tj ET Q q 0 0 0 rg BT 382.96 461.20 Td (in ) Tj ET Q q 0 0 0 rg BT 393.24 461.20 Td (this ) Tj ET Q q 0 0 0 rg BT 410.19 461.20 Td (MD&A. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 443.20 Td (Business segmented revenues for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.52 443.20 Td (Q1 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.24 443.20 Td (, as reported under IFRS 15, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.98 443.20 Td (Q1 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.71 443.20 Td ( revenues, as reported under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.20 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 431.20 Td (s previous revenue recognition policy under IAS 18, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 318.28 431.20 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.03 431.20 Td (, are summarized in the following table:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 414.70000000000005 m 67.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 414.70000000000005 m 344.25 414.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 414.70000000000005 m 344.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 414.70000000000005 m 403.25 414.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 387.70000000000005 m 403.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 414.70000000000005 m 403.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 414.70000000000005 m 460.25 414.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 387.70000000000005 m 460.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 414.70000000000005 m 460.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 414.70000000000005 m 513.25 414.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 387.70000000000005 m 513.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 414.70000000000005 m 562.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 414.70000000000005 m 562.25 414.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 387.70000000000005 m 562.25 387.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 387.70000000000005 m 67.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 372.70000000000005 m 344.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 387.70000000000005 m 344.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 372.70000000000005 m 403.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 387.70000000000005 m 403.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 372.70000000000005 m 460.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 387.70000000000005 m 460.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 372.70000000000005 m 513.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 387.70000000000005 m 562.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 372.70000000000005 m 562.25 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 372.70000000000005 m 67.25 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 372.70000000000005 m 562.25 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 363.70000000000005 m 67.25 348.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 363.70000000000005 m 562.25 348.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 348.70000000000005 m 67.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 333.70000000000005 m 403.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 333.70000000000005 m 460.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 333.70000000000005 m 513.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 348.70000000000005 m 562.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 333.70000000000005 m 562.25 333.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 333.70000000000005 m 67.25 318.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 333.70000000000005 m 562.25 318.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 318.70000000000005 m 67.25 303.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 318.70000000000005 m 562.25 303.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 303.70000000000005 m 67.25 288.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 303.70000000000005 m 562.25 288.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 288.70000000000005 m 67.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 273.70000000000005 m 403.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 273.70000000000005 m 460.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 273.70000000000005 m 513.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 288.70000000000005 m 562.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 273.70000000000005 m 562.25 273.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 273.70000000000005 m 67.25 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 273.70000000000005 m 562.25 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 268.70000000000005 m 67.25 253.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 268.70000000000005 m 562.25 253.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 253.70000000000005 m 67.25 247.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 253.70000000000005 m 562.25 247.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 247.70000000000005 m 67.25 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 247.70000000000005 m 562.25 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 232.70000000000005 m 67.25 226.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 232.70000000000005 m 562.25 226.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 226.70000000000005 m 67.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 211.70000000000005 m 403.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 211.70000000000005 m 460.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 211.70000000000005 m 513.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 226.70000000000005 m 562.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 211.70000000000005 m 562.25 211.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 211.70000000000005 m 67.25 205.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 211.70000000000005 m 562.25 205.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 205.70000000000005 m 67.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.25 190.70000000000005 m 344.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.25 190.70000000000005 m 403.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 190.70000000000005 m 460.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.25 190.70000000000005 m 513.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.25 205.70000000000005 m 562.25 190.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.25 190.70000000000005 m 562.25 190.70000000000005 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 392.38 Td (Revenue Component) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.60 392.38 Td (Q1 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.75 392.38 Td (Q1 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.75 392.38 Td (V) Tj ET Q q 0 0 0 rg BT 498.05 392.38 Td (ariance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 377.37 Td (\(shown in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.75 377.38 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.75 377.38 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.75 377.38 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.25 377.38 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 353.37 Td (Distribution excluding ) Tj ET Q q 0 0 0 rg BT 162.34 353.37 Td (W) Tj ET Q q 0 0 0 rg BT 171.38 353.37 Td (ildBrain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.75 353.27 Td (......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.25 353.37 Td (8,759) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 353.37 Td (12,258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.55 353.37 Td (\(3,499\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.70 353.37 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.05 353.37 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 338.37 Td (W) Tj ET Q q 0 0 0 rg BT 78.79 338.37 Td (ildBrain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.25 338.27 Td (...........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 338.37 Td (16,214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 338.37 Td (10,898) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 338.37 Td (5,316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.00 338.37 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 338.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 323.37 Td (T) Tj ET Q q 0 0 0 rg BT 75.16 323.37 Td (otal Distribution Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.75 323.27 Td (................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 323.37 Td (24,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 323.37 Td (23,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 323.37 Td (1,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.05 323.37 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 323.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 308.37 Td (Proprietary Production Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.75 308.27 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.75 308.37 Td (508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.25 308.37 Td (2,521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.55 308.37 Td (\(2,013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.70 308.37 Td (\(80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.05 308.37 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 293.37 Td (Producer and Service Fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.25 293.27 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 293.37 Td (22,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 293.37 Td (17,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 293.37 Td (4,377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.00 293.37 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 293.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 278.37 Td (Consumer Products-Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.75 278.27 Td (................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 278.37 Td (40,687) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 278.37 Td (36,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 278.37 Td (4,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.00 278.37 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 278.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 258.37 Td (Content Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.75 258.27 Td (................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 258.37 Td (88,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 258.37 Td (79,520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 258.37 Td (8,663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.00 258.37 Td (1) Tj ET Q q 0 0 0 rg BT 545.00 258.37 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 258.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 237.37 Td (T) Tj ET Q q 0 0 0 rg BT 75.16 237.37 Td (elevision) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.25 237.27 Td (...........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.25 237.37 Td (13,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 237.37 Td (14,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 237.37 Td (\(810\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.70 237.37 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.05 237.37 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 216.37 Td (Consumer Products-Represented) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.25 216.27 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.25 216.37 Td (2,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.25 216.37 Td (5,014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.55 216.37 Td (\(2,436\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.70 216.37 Td (\(49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.05 216.37 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.75 195.37 Td (T) Tj ET Q q 0 0 0 rg BT 75.16 195.37 Td (otal Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.25 195.27 Td (.....................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.25 195.37 Td (104,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.25 195.37 Td (98,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.25 195.37 Td (5,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.05 195.37 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.40 195.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 173.20 Td (Content ) Tj ET Q q 0 0 0 rg BT 102.17 173.20 Td (Business: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.01 173.20 Td (Content ) Tj ET Q q 0 0 0 rg BT 177.18 173.20 Td (Business ) Tj ET Q q 0 0 0 rg BT 215.25 173.20 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.40 173.20 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.15 173.20 Td (d ) Tj ET Q q 0 0 0 rg BT 289.66 173.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.94 173.20 Td ($88.2 ) Tj ET Q q 0 0 0 rg BT 324.95 173.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.84 173.20 Td ( ) Tj ET Q q 0 0 0 rg BT 356.35 173.20 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.63 173.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 381.36 173.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.36 173.20 Td (, ) Tj ET Q q 0 0 0 rg BT 406.37 173.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 448.30 173.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.58 173.20 Td ($79.5 ) Tj ET Q q 0 0 0 rg BT 483.59 173.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.48 173.20 Td ( ) Tj ET Q q 0 0 0 rg BT 514.99 173.20 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.27 173.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 540.00 173.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 173.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.20 Td (an ) Tj ET Q q 0 0 0 rg BT 61.94 161.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 97.19 161.20 Td (of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.52 161.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.02 161.20 Td ($8.7 ) Tj ET Q q 0 0 0 rg BT 128.02 161.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.91 161.20 Td (, ) Tj ET Q q 0 0 0 rg BT 161.91 161.20 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.74 161.20 Td (1) Tj ET Q q 0 0 0 rg BT 177.37 161.20 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.70 161.20 Td (. ) Tj ET Q q 0 0 0 rg BT 195.52 161.20 Td (The ) Tj ET Q q 0 0 0 rg BT 213.57 161.20 Td (Content ) Tj ET Q q 0 0 0 rg BT 247.73 161.20 Td (Business ) Tj ET Q q 0 0 0 rg BT 285.80 161.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 321.62 161.20 Td (the ) Tj ET Q q 0 0 0 rg BT 336.34 161.20 Td (following ) Tj ET Q q 0 0 0 rg BT 377.72 161.20 Td (business ) Tj ET Q q 0 0 0 rg BT 414.12 161.20 Td (segments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 143.20 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 143.20 Td (T) Tj ET Q q 0 0 0 rg BT 90.64 143.20 Td (otal ) Tj ET Q q 0 0 0 rg BT 108.66 143.20 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 160.01 143.20 Td (Revenue: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.66 143.20 Td (T) Tj ET Q q 0 0 0 rg BT 205.07 143.20 Td (otal ) Tj ET Q q 0 0 0 rg BT 222.53 143.20 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 273.32 143.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 307.43 143.20 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.44 143.20 Td ($25.0 ) Tj ET Q q 0 0 0 rg BT 350.39 143.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.29 143.20 Td ( ) Tj ET Q q 0 0 0 rg BT 381.74 143.20 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.98 143.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 406.66 143.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.66 143.20 Td (, ) Tj ET Q q 0 0 0 rg BT 431.62 143.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 473.50 143.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.74 143.20 Td ($23.2 ) Tj ET Q q 0 0 0 rg BT 508.70 143.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.59 143.20 Td ( ) Tj ET Q q 0 0 0 rg BT 540.05 143.20 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.28 143.20 Td (Q1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 131.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.00 131.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.58 131.20 Td (an ) Tj ET Q q 0 0 0 rg BT 124.11 131.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 159.94 131.20 Td (of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.27 131.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.36 131.20 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 191.94 131.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.83 131.20 Td (, ) Tj ET Q q 0 0 0 rg BT 226.42 131.20 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.83 131.20 Td (8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.16 131.20 Td (. ) Tj ET Q q 0 0 0 rg BT 256.52 131.20 Td (The ) Tj ET Q q 0 0 0 rg BT 275.15 131.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 310.99 131.20 Td (was ) Tj ET Q q 0 0 0 rg BT 329.62 131.20 Td (driven ) Tj ET Q q 0 0 0 rg BT 358.25 131.20 Td (by ) Tj ET Q q 0 0 0 rg BT 371.11 131.20 Td (W) Tj ET Q q 0 0 0 rg BT 380.15 131.20 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 418.51 131.20 Td (which ) Tj ET Q q 0 0 0 rg BT 446.03 131.20 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.87 131.20 Td ($5.3 ) Tj ET Q q 0 0 0 rg BT 507.45 131.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.34 131.20 Td ( ) Tj ET Q q 0 0 0 rg BT 539.43 131.20 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 131.20 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 119.20 Td (current ) Tj ET Q q 0 0 0 rg BT 116.92 119.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 147.85 119.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.24 119.20 Td ($16.2 ) Tj ET Q q 0 0 0 rg BT 183.34 119.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.24 119.20 Td (, ) Tj ET Q q 0 0 0 rg BT 217.35 119.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 259.38 119.20 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.77 119.20 Td ($10.9 ) Tj ET Q q 0 0 0 rg BT 294.87 119.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.77 119.20 Td ( ) Tj ET Q q 0 0 0 rg BT 326.37 119.20 Td (in ) Tj ET Q q 0 0 0 rg BT 336.76 119.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 351.59 119.20 Td (2018. ) Tj ET Q q 0 0 0 rg BT 376.51 119.20 Td (This ) Tj ET Q q 0 0 0 rg BT 396.90 119.20 Td (was ) Tj ET Q q 0 0 0 rg BT 415.06 119.20 Td (partially ) Tj ET Q q 0 0 0 rg BT 450.99 119.20 Td (of) Tj ET Q q 0 0 0 rg BT 459.14 119.20 Td (fset ) Tj ET Q q 0 0 0 rg BT 476.19 119.20 Td (by ) Tj ET Q q 0 0 0 rg BT 488.79 119.20 Td (lower ) Tj ET Q q 0 0 0 rg BT 514.17 119.20 Td (Distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 107.20 Td (excluding ) Tj ET Q q 0 0 0 rg BT 128.00 107.20 Td (W) Tj ET Q q 0 0 0 rg BT 137.04 107.20 Td (ildBrain ) Tj ET Q q 0 0 0 rg BT 172.58 107.20 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 209.49 107.20 Td (which ) Tj ET Q q 0 0 0 rg BT 236.70 107.20 Td (declined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.34 107.20 Td ($3.5 ) Tj ET Q q 0 0 0 rg BT 293.61 107.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.50 107.20 Td ( ) Tj ET Q q 0 0 0 rg BT 325.27 107.20 Td (quarter) Tj ET Q q 0 0 0 rg BT 353.38 107.20 Td (-over) Tj ET Q q 0 0 0 rg BT 374.28 107.20 Td (-quarter) Tj ET Q q 0 0 0 rg BT 405.37 107.20 Td (. ) Tj ET Q q 0 0 0 rg BT 410.64 107.20 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.74 107.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 456.73 107.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.73 107.20 Td (, ) Tj ET Q q 0 0 0 rg BT 482.00 107.20 Td (the ) Tj ET Q q 0 0 0 rg BT 496.98 107.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 538.63 107.20 Td (added ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 95.20 Td (15.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 95.20 Td ( ) Tj ET Q q 0 0 0 rg BT 106.06 95.20 Td (half-hours ) Tj ET Q q 0 0 0 rg BT 149.71 95.20 Td (of ) Tj ET Q q 0 0 0 rg BT 160.60 95.20 Td (third-party ) Tj ET Q q 0 0 0 rg BT 205.92 95.20 Td (titles ) Tj ET Q q 0 0 0 rg BT 227.92 95.20 Td (with ) Tj ET Q q 0 0 0 rg BT 248.26 95.20 Td (distribution ) Tj ET Q q 0 0 0 rg BT 296.93 95.20 Td (rights ) Tj ET Q q 0 0 0 rg BT 322.27 95.20 Td (to ) Tj ET Q q 0 0 0 rg BT 332.60 95.20 Td (the ) Tj ET Q q 0 0 0 rg BT 347.38 95.20 Td (library ) Tj ET Q q 0 0 0 rg BT 376.59 95.20 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.92 95.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 394.70 95.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.70 95.20 Td ( ) Tj ET Q q 0 0 0 rg BT 417.26 95.20 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.14 95.20 Td (12.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.64 95.20 Td ( ) Tj ET Q q 0 0 0 rg BT 443.20 95.20 Td (half-hours ) Tj ET Q q 0 0 0 rg BT 486.86 95.20 Td (of ) Tj ET Q q 0 0 0 rg BT 497.75 95.20 Td (third-party ) Tj ET Q q 0 0 0 rg BT 543.07 95.20 Td (titles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 83.20 Td (with ) Tj ET Q q 0 0 0 rg BT 105.17 83.20 Td (distribution ) Tj ET Q q 0 0 0 rg BT 152.68 83.20 Td (rights\). ) Tj ET Q q 0 0 0 rg BT 182.59 83.20 Td (Third-party ) Tj ET Q q 0 0 0 rg BT 230.08 83.20 Td (produced ) Tj ET Q q 0 0 0 rg BT 268.68 83.20 Td (titles ) Tj ET Q q 0 0 0 rg BT 289.52 83.20 Td (with ) Tj ET Q q 0 0 0 rg BT 308.70 83.20 Td (distribution ) Tj ET Q q 0 0 0 rg BT 356.21 83.20 Td (rights ) Tj ET Q q 0 0 0 rg BT 380.38 83.20 Td (lar) Tj ET Q q 0 0 0 rg BT 390.75 83.20 Td (gely ) Tj ET Q q 0 0 0 rg BT 409.36 83.20 Td (arise ) Tj ET Q q 0 0 0 rg BT 429.63 83.20 Td (as ) Tj ET Q q 0 0 0 rg BT 439.36 83.20 Td (a ) Tj ET Q q 0 0 0 rg BT 445.20 83.20 Td (result ) Tj ET Q q 0 0 0 rg BT 468.81 83.20 Td (of ) Tj ET Q q 0 0 0 rg BT 478.54 83.20 Td (operational ) Tj ET Q q 0 0 0 rg BT 524.91 83.20 Td (syner) Tj ET Q q 0 0 0 rg BT 546.39 83.20 Td (gies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 71.20 Td (associated ) Tj ET Q q 0 0 0 rg BT 129.59 71.20 Td (with ) Tj ET Q q 0 0 0 rg BT 149.87 71.20 Td (owning ) Tj ET Q q 0 0 0 rg BT 182.37 71.20 Td (linear ) Tj ET Q q 0 0 0 rg BT 207.64 71.20 Td (television ) Tj ET Q q 0 0 0 rg BT 249.02 71.20 Td (channels.) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.15 31.60 Td (1) Tj ET Q q 0.6 0.6 0.6 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 95.63 742.10 Td (oprietary ) Tj ET Q q 0 0 0 rg BT 134.15 742.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 143.78 742.10 Td (oduction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.77 742.10 Td (: ) Tj ET Q q 0 0 0 rg BT 182.76 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 188.17 742.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 204.47 742.10 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 250.76 742.10 Td (Production ) Tj ET Q q 0 0 0 rg BT 295.94 742.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.89 742.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.31 742.10 Td (d ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.61 742.10 Td ($2.0 ) Tj ET Q q 0 0 0 rg BT 388.41 742.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 418.61 742.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.69 742.10 Td ($0.5 ) Tj ET Q q 0 0 0 rg BT 446.49 742.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.38 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 476.69 742.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.77 742.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 499.29 742.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.29 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 523.09 742.10 Td (compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.73 730.10 Td ($2.5 ) Tj ET Q q 0 0 0 rg BT 117.18 730.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.07 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 149.02 730.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.75 730.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 174.92 730.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.92 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 200.15 730.10 Td (The ) Tj ET Q q 0 0 0 rg BT 218.65 730.10 Td (decline ) Tj ET Q q 0 0 0 rg BT 250.47 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 261.20 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 276.36 730.10 Td (current ) Tj ET Q q 0 0 0 rg BT 307.63 730.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 338.89 730.10 Td (was ) Tj ET Q q 0 0 0 rg BT 357.39 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 364.78 730.10 Td (result ) Tj ET Q q 0 0 0 rg BT 389.95 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 401.23 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.39 730.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 446.55 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 457.83 730.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 481.91 730.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 494.85 730.10 Td (described ) Tj ET Q q 0 0 0 rg BT 536.12 730.10 Td (above, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (which ) Tj ET Q q 0 0 0 rg BT 111.90 718.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 152.77 718.10 Td (Proprietary ) Tj ET Q q 0 0 0 rg BT 199.21 718.10 Td (Production ) Tj ET Q q 0 0 0 rg BT 244.56 718.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 277.67 718.10 Td (by ) Tj ET Q q 0 0 0 rg BT 289.12 718.10 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 308.08 718.10 Td (million. ) Tj ET Q q 0 0 0 rg BT 340.93 718.10 Td (Had ) Tj ET Q q 0 0 0 rg BT 359.05 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.73 718.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 413.07 718.10 Td (not ) Tj ET Q q 0 0 0 rg BT 427.31 718.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 480.98 718.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 503.56 718.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 517.52 718.10 Td (Proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (Production ) Tj ET Q q 0 0 0 rg BT 132.52 706.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 166.80 706.10 Td (would ) Tj ET Q q 0 0 0 rg BT 194.44 706.10 Td (have ) Tj ET Q q 0 0 0 rg BT 215.95 706.10 Td (been ) Tj ET Q q 0 0 0 rg BT 237.46 706.10 Td ($2.8 ) Tj ET Q q 0 0 0 rg BT 257.60 706.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 291.63 706.10 Td (an ) Tj ET Q q 0 0 0 rg BT 303.70 706.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 339.09 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 350.06 706.10 Td ($0.3 ) Tj ET Q q 0 0 0 rg BT 370.19 706.10 Td (million ) Tj ET Q q 0 0 0 rg BT 401.72 706.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 443.78 706.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.19 706.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 469.05 706.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 494.19 706.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 706.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 540.01 706.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 706.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.72 694.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 142.10 694.10 Td (added ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.48 694.10 Td (12.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.98 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 188.48 694.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 235.40 694.10 Td (half-hours ) Tj ET Q q 0 0 0 rg BT 279.00 694.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.33 694.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 297.05 694.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.05 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 319.55 694.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.38 694.10 Td (1) Tj ET Q q 0 0 0 rg BT 330.01 694.10 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.51 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 345.01 694.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 391.94 694.10 Td (half-hours\).) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 676.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 676.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 95.63 676.10 Td (oducer ) Tj ET Q q 0 0 0 rg BT 125.96 676.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.53 676.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 175.52 676.10 Td (Fees: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.29 676.10 Td (Producer ) Tj ET Q q 0 0 0 rg BT 238.95 676.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.96 676.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 288.51 676.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 309.40 676.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 343.61 676.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 385.61 676.10 Td (to ) Tj ET Q q 0 0 0 rg BT 395.95 676.10 Td (be ) Tj ET Q q 0 0 0 rg BT 407.96 676.10 Td (at ) Tj ET Q q 0 0 0 rg BT 417.74 676.10 Td (elevated ) Tj ET Q q 0 0 0 rg BT 453.61 676.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 479.50 676.10 Td (in ) Tj ET Q q 0 0 0 rg BT 489.85 676.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.63 676.10 Td (first ) Tj ET Q q 0 0 0 rg BT 523.30 676.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 554.18 676.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 664.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 110.87 664.10 Td (rising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.03 664.10 Td ($4.4 ) Tj ET Q q 0 0 0 rg BT 155.90 664.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.79 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 187.17 664.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.87 664.10 Td (25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.20 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 218.58 664.10 Td (quarter) Tj ET Q q 0 0 0 rg BT 246.69 664.10 Td (-over) Tj ET Q q 0 0 0 rg BT 267.59 664.10 Td (-quarter ) Tj ET Q q 0 0 0 rg BT 301.61 664.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.76 664.10 Td ($22.0 ) Tj ET Q q 0 0 0 rg BT 336.64 664.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.53 664.10 Td (, ) Tj ET Q q 0 0 0 rg BT 370.40 664.10 Td (as ) Tj ET Q q 0 0 0 rg BT 381.11 664.10 Td (we ) Tj ET Q q 0 0 0 rg BT 395.14 664.10 Td (maximized ) Tj ET Q q 0 0 0 rg BT 441.95 664.10 Td (our ) Tj ET Q q 0 0 0 rg BT 457.65 664.10 Td (studio ) Tj ET Q q 0 0 0 rg BT 484.47 664.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 520.16 664.10 Td (for ) Tj ET Q q 0 0 0 rg BT 534.19 664.10 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 652.10 Td (work. ) Tj ET Q q 0 0 0 rg BT 110.98 652.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.24 652.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 155.39 652.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.39 652.10 Td (, ) Tj ET Q q 0 0 0 rg BT 179.81 652.10 Td (we ) Tj ET Q q 0 0 0 rg BT 193.40 652.10 Td (generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.19 652.10 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 253.62 652.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.51 652.10 Td ( ) Tj ET Q q 0 0 0 rg BT 284.44 652.10 Td (in ) Tj ET Q q 0 0 0 rg BT 294.15 652.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 327.72 652.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.05 652.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 345.20 652.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.20 652.10 Td ( ) Tj ET Q q 0 0 0 rg BT 367.13 652.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.38 652.10 Td ($4.6 ) Tj ET Q q 0 0 0 rg BT 391.81 652.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.70 652.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 425.96 652.10 Td (under ) Tj ET Q q 0 0 0 rg BT 450.66 652.10 Td (the ) Tj ET Q q 0 0 0 rg BT 464.80 652.10 Td (Mattel ) Tj ET Q q 0 0 0 rg BT 492.83 652.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 517.53 652.10 Td (partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 640.10 Td (where ) Tj ET Q q 0 0 0 rg BT 112.93 640.10 Td (we ) Tj ET Q q 0 0 0 rg BT 127.09 640.10 Td (also ) Tj ET Q q 0 0 0 rg BT 145.70 640.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 175.96 640.10 Td (from ) Tj ET Q q 0 0 0 rg BT 197.90 640.10 Td (incremental ) Tj ET Q q 0 0 0 rg BT 247.60 640.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 296.21 640.10 Td (and ) Tj ET Q q 0 0 0 rg BT 313.15 640.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 354.53 640.10 Td (products ) Tj ET Q q 0 0 0 rg BT 391.46 640.10 Td (rights. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 622.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 622.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 129.41 622.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 139.04 622.10 Td (oducts-Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.81 622.10 Td (: ) Tj ET Q q 0 0 0 rg BT 201.89 622.10 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.08 622.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 232.60 622.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.60 622.10 Td (, ) Tj ET Q q 0 0 0 rg BT 257.40 622.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 300.81 622.10 Td (Products-Owned ) Tj ET Q q 0 0 0 rg BT 370.32 622.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 408.16 622.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.89 622.10 Td ($40.7 ) Tj ET Q q 0 0 0 rg BT 454.69 622.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.58 622.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.38 622.10 Td (up) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.38 622.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.68 622.10 Td ($4.5 ) Tj ET Q q 0 0 0 rg BT 520.48 622.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.37 622.10 Td (, ) Tj ET Q q 0 0 0 rg BT 554.17 622.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.10 Td (12%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.33 610.10 Td (, ) Tj ET Q q 0 0 0 rg BT 109.57 610.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 151.73 610.10 Td (to ) Tj ET Q q 0 0 0 rg BT 162.24 610.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.19 610.10 Td ($36.2 ) Tj ET Q q 0 0 0 rg BT 202.43 610.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.32 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 234.06 610.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 263.44 610.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.95 610.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 288.91 610.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.91 610.10 Td (. ) Tj ET Q q 0 0 0 rg BT 313.95 610.10 Td (The ) Tj ET Q q 0 0 0 rg BT 332.23 610.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 367.72 610.10 Td (was ) Tj ET Q q 0 0 0 rg BT 386.01 610.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 414.29 610.10 Td (by ) Tj ET Q q 0 0 0 rg BT 427.03 610.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 461.41 610.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 492.47 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 502.99 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 517.94 610.10 Td (Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.10 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 119.61 598.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.55 598.10 Td (Strawberry ) Tj ET Q q 0 0 0 rg BT 183.48 598.10 Td (Shortcake ) Tj ET Q q 0 0 0 rg BT 225.96 598.10 Td (brands, ) Tj ET Q q 0 0 0 rg BT 257.62 598.10 Td (which ) Tj ET Q q 0 0 0 rg BT 284.56 598.10 Td (were ) Tj ET Q q 0 0 0 rg BT 306.49 598.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 343.41 598.10 Td (at ) Tj ET Q q 0 0 0 rg BT 353.13 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 367.85 598.10 Td (end ) Tj ET Q q 0 0 0 rg BT 384.78 598.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.61 598.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 422.00 598.10 Td (2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 574.10 Td (T) Tj ET Q q 0 0 0 rg BT 72.64 574.10 Td (elevision: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.98 574.10 Td (T) Tj ET Q q 0 0 0 rg BT 119.39 574.10 Td (elevision ) Tj ET Q q 0 0 0 rg BT 157.95 574.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 195.95 574.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.84 574.10 Td ($13.3 ) Tj ET Q q 0 0 0 rg BT 242.81 574.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.70 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 274.16 574.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.40 574.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 299.09 574.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.09 574.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.05 574.10 Td (a ) Tj ET Q q 0 0 0 rg BT 330.95 574.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 367.83 574.10 Td (of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.16 574.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.62 574.10 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 398.58 574.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.47 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 429.93 574.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.73 574.10 Td (6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.06 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 456.52 574.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 498.41 574.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 574.10 Td ($14.1 ) Tj ET Q q 0 0 0 rg BT 533.61 574.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.68 562.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 75.80 562.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.80 562.10 Td (. ) Tj ET Q q 0 0 0 rg BT 101.21 562.10 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 146.88 562.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 181.42 562.10 Td (as ) Tj ET Q q 0 0 0 rg BT 192.66 562.10 Td (a ) Tj ET Q q 0 0 0 rg BT 200.00 562.10 Td (percentage ) Tj ET Q q 0 0 0 rg BT 246.20 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.43 562.10 Td (total ) Tj ET Q q 0 0 0 rg BT 278.11 562.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 312.65 562.10 Td (remained ) Tj ET Q q 0 0 0 rg BT 352.76 562.10 Td (steady) Tj ET Q q 0 0 0 rg BT 377.65 562.10 Td (, ) Tj ET Q q 0 0 0 rg BT 383.06 562.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 429.83 562.10 Td (for ) Tj ET Q q 0 0 0 rg BT 444.39 562.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.05 562.10 Td (93%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.38 562.10 Td (, ) Tj ET Q q 0 0 0 rg BT 528.78 562.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.02 562.10 Td ($12.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 550.10 Td ( ) Tj ET Q q 0 0 0 rg BT 80.64 550.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.72 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.69 550.10 Td (television ) Tj ET Q q 0 0 0 rg BT 145.32 550.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 182.61 550.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.94 550.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 199.91 550.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.91 550.10 Td ( ) Tj ET Q q 0 0 0 rg BT 221.66 550.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.74 550.10 Td (93%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.07 550.10 Td (, ) Tj ET Q q 0 0 0 rg BT 249.32 550.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.40 550.10 Td ($13.1 ) Tj ET Q q 0 0 0 rg BT 283.65 550.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.55 550.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 320.13 550.10 Td (while ) Tj ET Q q 0 0 0 rg BT 344.09 550.10 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 392.78 550.10 Td (promotion ) Tj ET Q q 0 0 0 rg BT 436.19 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 452.38 550.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 479.69 550.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 516.97 550.10 Td (contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 538.10 Td (a ) Tj ET Q q 0 0 0 rg BT 67.22 538.10 Td (combined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.15 538.10 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.48 538.10 Td (, ) Tj ET Q q 0 0 0 rg BT 127.48 538.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.31 538.10 Td ($0.9 ) Tj ET Q q 0 0 0 rg BT 158.31 538.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.20 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 189.70 538.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.03 538.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 207.75 538.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.75 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 230.25 538.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.08 538.10 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.41 538.10 Td (, ) Tj ET Q q 0 0 0 rg BT 254.41 538.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.24 538.10 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 285.24 538.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.14 538.10 Td (\). ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 520.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 111.90 520.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 121.53 520.10 Td (oducts-Repr) Tj ET Q q 0 0 0 rg BT 170.03 520.10 Td (esented: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.13 520.10 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.80 520.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 237.81 520.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.81 520.10 Td (, ) Tj ET Q q 0 0 0 rg BT 263.09 520.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 306.98 520.10 Td (Products-Represented ) Tj ET Q q 0 0 0 rg BT 397.52 520.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 435.84 520.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.05 520.10 Td ($2.6 ) Tj ET Q q 0 0 0 rg BT 478.34 520.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.23 520.10 Td (, ) Tj ET Q q 0 0 0 rg BT 512.51 520.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 554.72 520.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 69.14 508.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.03 508.10 Td ( ) Tj ET Q q 0 0 0 rg BT 99.67 508.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.09 508.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 122.95 508.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.95 508.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.09 508.10 Td (a ) Tj ET Q q 0 0 0 rg BT 153.17 508.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.58 508.10 Td ( ) Tj ET Q q 0 0 0 rg BT 189.22 508.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.19 508.10 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 218.33 508.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.22 508.10 Td (, ) Tj ET Q q 0 0 0 rg BT 251.36 508.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.33 508.10 Td (49%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.66 508.10 Td (. ) Tj ET Q q 0 0 0 rg BT 283.68 508.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.87 508.10 Td (decline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.74 508.10 Td ( ) Tj ET Q q 0 0 0 rg BT 331.38 508.10 Td (was ) Tj ET Q q 0 0 0 rg BT 348.57 508.10 Td (due ) Tj ET Q q 0 0 0 rg BT 364.65 508.10 Td (in ) Tj ET Q q 0 0 0 rg BT 374.07 508.10 Td (part ) Tj ET Q q 0 0 0 rg BT 391.26 508.10 Td (to ) Tj ET Q q 0 0 0 rg BT 400.67 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.53 508.10 Td (drop-of) Tj ET Q q 0 0 0 rg BT 444.34 508.10 Td (f ) Tj ET Q q 0 0 0 rg BT 449.31 508.10 Td (of ) Tj ET Q q 0 0 0 rg BT 459.28 508.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 496.46 508.10 Td (from ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 517.53 508.10 Td (Despicable ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (Me) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.77 496.10 Td ( ) Tj ET Q q 0 0 0 rg BT 65.27 496.10 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 82.21 496.10 Td (Minions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.99 496.10 Td (, ) Tj ET Q q 0 0 0 rg BT 119.99 496.10 Td (which ) Tj ET Q q 0 0 0 rg BT 146.92 496.10 Td (benefited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.63 496.10 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 201.35 496.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.35 496.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (Gross ) Tj ET Q q 0 0 0 rg BT 76.40 478.10 Td (Margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 454.70 Td (Gross ) Tj ET Q q 0 0 0 rg BT 93.83 454.70 Td (mar) Tj ET Q q 0 0 0 rg BT 109.20 454.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 124.48 454.70 Td (represents ) Tj ET Q q 0 0 0 rg BT 167.52 454.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 201.66 454.70 Td (less ) Tj ET Q q 0 0 0 rg BT 219.16 454.70 Td (direct ) Tj ET Q q 0 0 0 rg BT 244.43 454.70 Td (production ) Tj ET Q q 0 0 0 rg BT 290.25 454.70 Td (costs ) Tj ET Q q 0 0 0 rg BT 312.75 454.70 Td (and ) Tj ET Q q 0 0 0 rg BT 329.69 454.70 Td (expense ) Tj ET Q q 0 0 0 rg BT 364.40 454.70 Td (of ) Tj ET Q q 0 0 0 rg BT 375.23 454.70 Td (film ) Tj ET Q q 0 0 0 rg BT 394.39 454.70 Td (and ) Tj ET Q q 0 0 0 rg BT 411.33 454.70 Td (television ) Tj ET Q q 0 0 0 rg BT 452.71 454.70 Td (produced.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 416.2 m 356.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.75 416.2 m 426.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.75 416.2 m 491.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.75 416.2 m 561.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 416.2 m 356.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.75 416.2 m 426.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.75 416.2 m 491.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.75 416.2 m 561.75 416.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.75 387.2 m 291.75 387.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 387.2 m 356.75 387.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.75 387.2 m 426.75 387.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.75 387.2 m 491.75 387.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.75 387.2 m 561.75 387.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.75 337.2 m 291.75 337.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67.75 322.2 m 291.75 322.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 337.2 m 356.75 337.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 322.2 m 356.75 322.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.75 337.2 m 426.75 337.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.75 322.2 m 426.75 322.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.75 337.2 m 491.75 337.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.75 322.2 m 491.75 322.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.75 337.2 m 561.75 337.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.75 322.2 m 561.75 322.2 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.85 420.65 Td (Q1 2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.85 420.65 Td (Q1 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.25 391.66 Td (\(shown in thousands, except percentages\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.95 400.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 307.78 400.65 Td (oss Margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 391.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.45 400.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 375.28 400.65 Td (oss Margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 391.65 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.95 400.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 442.78 400.65 Td (oss Margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 391.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.45 400.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 510.28 400.65 Td (oss Margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 391.65 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.25 371.66 Td (Content Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.40 371.87 Td (31,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.90 371.87 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.90 371.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.40 371.87 Td (29,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 371.87 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.90 371.87 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.25 356.66 Td (T) Tj ET Q q 0 0 0 rg BT 75.12 356.66 Td (elevision) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.40 356.87 Td (8,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.90 356.87 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.90 356.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.40 356.87 Td (8,626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 356.87 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.90 356.87 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.25 341.66 Td (Consumer Products-Represented) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.40 341.87 Td (2,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.90 341.87 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.90 341.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.40 341.87 Td (4,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.90 341.87 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.90 341.87 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.25 326.66 Td (T) Tj ET Q q 0 0 0 rg BT 75.12 326.66 Td (otal Gross Mar) Tj ET Q q 0 0 0 rg BT 128.95 326.66 Td (gin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.40 326.87 Td (42,754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.90 326.87 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.90 326.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.40 326.87 Td (42,971) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 326.87 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.90 326.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 304.70 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 123.21 304.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 146.75 304.70 Td (mar) Tj ET Q q 0 0 0 rg BT 162.12 304.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 177.33 304.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.42 304.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 206.08 304.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.08 304.70 Td ( ) Tj ET Q q 0 0 0 rg BT 228.51 304.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.50 304.70 Td ($42.8 ) Tj ET Q q 0 0 0 rg BT 271.43 304.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.32 304.70 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.25 304.70 Td (a ) Tj ET Q q 0 0 0 rg BT 312.13 304.70 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.54 304.70 Td ( ) Tj ET Q q 0 0 0 rg BT 348.97 304.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.74 304.70 Td ($0.2 ) Tj ET Q q 0 0 0 rg BT 379.67 304.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.56 304.70 Td (, ) Tj ET Q q 0 0 0 rg BT 413.49 304.70 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.26 304.70 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.59 304.70 Td (, ) Tj ET Q q 0 0 0 rg BT 442.52 304.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 484.38 304.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.59 304.70 Td ($43.0 ) Tj ET Q q 0 0 0 rg BT 519.52 304.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.41 304.70 Td ( ) Tj ET Q q 0 0 0 rg BT 550.85 304.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 64.34 292.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.34 292.70 Td (. ) Tj ET Q q 0 0 0 rg BT 88.80 292.70 Td (The ) Tj ET Q q 0 0 0 rg BT 106.46 292.70 Td (net ) Tj ET Q q 0 0 0 rg BT 120.79 292.70 Td (reduction ) Tj ET Q q 0 0 0 rg BT 160.67 292.70 Td (in ) Tj ET Q q 0 0 0 rg BT 170.57 292.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 223.23 292.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 256.99 292.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.88 292.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 281.22 292.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.22 292.70 Td ( ) Tj ET Q q 0 0 0 rg BT 303.33 292.70 Td (of ) Tj ET Q q 0 0 0 rg BT 313.78 292.70 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 333.40 292.70 Td (million ) Tj ET Q q 0 0 0 rg BT 364.40 292.70 Td (resulting ) Tj ET Q q 0 0 0 rg BT 401.51 292.70 Td (from ) Tj ET Q q 0 0 0 rg BT 423.07 292.70 Td (the ) Tj ET Q q 0 0 0 rg BT 437.40 292.70 Td (implementation ) Tj ET Q q 0 0 0 rg BT 502.28 292.70 Td (of ) Tj ET Q q 0 0 0 rg BT 512.73 292.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 535.96 292.70 Td (15 ) Tj ET Q q 0 0 0 rg BT 548.08 292.70 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.70 Td (a ) Tj ET Q q 0 0 0 rg BT 57.40 280.70 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 117.56 280.70 Td (reduction ) Tj ET Q q 0 0 0 rg BT 158.28 280.70 Td (of ) Tj ET Q q 0 0 0 rg BT 169.57 280.70 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 190.02 280.70 Td (million ) Tj ET Q q 0 0 0 rg BT 221.87 280.70 Td (in ) Tj ET Q q 0 0 0 rg BT 232.60 280.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 256.67 280.70 Td (mar) Tj ET Q q 0 0 0 rg BT 272.04 280.70 Td (gin. ) Tj ET Q q 0 0 0 rg BT 290.28 280.70 Td (Had ) Tj ET Q q 0 0 0 rg BT 309.89 280.70 Td (the ) Tj ET Q q 0 0 0 rg BT 325.07 280.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 366.91 280.70 Td (not ) Tj ET Q q 0 0 0 rg BT 382.64 280.70 Td (adopted ) Tj ET Q q 0 0 0 rg BT 417.26 280.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 441.34 280.70 Td (15, ) Tj ET Q q 0 0 0 rg BT 456.79 280.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 510.29 280.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 534.36 280.70 Td (mar) Tj ET Q q 0 0 0 rg BT 549.73 280.70 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.70 Td (would ) Tj ET Q q 0 0 0 rg BT 77.68 268.70 Td (have ) Tj ET Q q 0 0 0 rg BT 99.23 268.70 Td (been ) Tj ET Q q 0 0 0 rg BT 120.79 268.70 Td ($43.8 ) Tj ET Q q 0 0 0 rg BT 145.96 268.70 Td (million, ) Tj ET Q q 0 0 0 rg BT 180.03 268.70 Td (an ) Tj ET Q q 0 0 0 rg BT 192.15 268.70 Td (increase ) Tj ET Q q 0 0 0 rg BT 227.58 268.70 Td (of ) Tj ET Q q 0 0 0 rg BT 238.59 268.70 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 258.76 268.70 Td (million ) Tj ET Q q 0 0 0 rg BT 290.33 268.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 332.43 268.70 Td (to ) Tj ET Q q 0 0 0 rg BT 342.89 268.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 366.68 268.70 Td (mar) Tj ET Q q 0 0 0 rg BT 382.05 268.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 397.50 268.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.96 268.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 422.86 268.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.86 268.70 Td (. ) Tj ET Q q 0 0 0 rg BT 448.03 268.70 Td (Gross ) Tj ET Q q 0 0 0 rg BT 474.04 268.70 Td (mar) Tj ET Q q 0 0 0 rg BT 489.41 268.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 504.87 268.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 550.84 268.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 64.72 256.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.72 256.70 Td ( ) Tj ET Q q 0 0 0 rg BT 87.22 256.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.27 256.70 Td (41%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.60 256.70 Td ( ) Tj ET Q q 0 0 0 rg BT 126.10 256.70 Td (of ) Tj ET Q q 0 0 0 rg BT 136.93 256.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 171.08 256.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 213.00 256.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.28 256.70 Td (44%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.61 256.70 Td ( ) Tj ET Q q 0 0 0 rg BT 244.11 256.70 Td (of ) Tj ET Q q 0 0 0 rg BT 254.94 256.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 289.09 256.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.25 256.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 317.97 256.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.97 256.70 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 238.70 Td (The ) Tj ET Q q 0 0 0 rg BT 86.15 238.70 Td (Content ) Tj ET Q q 0 0 0 rg BT 120.41 238.70 Td (Business ) Tj ET Q q 0 0 0 rg BT 158.57 238.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 182.28 238.70 Td (mar) Tj ET Q q 0 0 0 rg BT 197.65 238.70 Td (gins ) Tj ET Q q 0 0 0 rg BT 216.92 238.70 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.95 238.70 Td ($31.7 ) Tj ET Q q 0 0 0 rg BT 264.05 238.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.94 238.70 Td ( ) Tj ET Q q 0 0 0 rg BT 295.54 238.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.91 238.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 320.73 238.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.73 238.70 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.83 238.70 Td (an ) Tj ET Q q 0 0 0 rg BT 357.87 238.70 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.63 238.70 Td ( ) Tj ET Q q 0 0 0 rg BT 393.22 238.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 238.70 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 424.25 238.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.14 238.70 Td (, ) Tj ET Q q 0 0 0 rg BT 458.24 238.70 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.17 238.70 Td (8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 238.70 Td (, ) Tj ET Q q 0 0 0 rg BT 487.60 238.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 529.62 238.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.00 238.70 Td ($29.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 226.70 Td ( ) Tj ET Q q 0 0 0 rg BT 81.45 226.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.79 226.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 106.57 226.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.57 226.70 Td (. ) Tj ET Q q 0 0 0 rg BT 131.63 226.70 Td (Gross ) Tj ET Q q 0 0 0 rg BT 157.52 226.70 Td (mar) Tj ET Q q 0 0 0 rg BT 172.89 226.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 188.22 226.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 234.08 226.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.30 226.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 263.08 226.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.08 226.70 Td ( ) Tj ET Q q 0 0 0 rg BT 285.64 226.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.75 226.70 Td (36%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.08 226.70 Td ( ) Tj ET Q q 0 0 0 rg BT 324.64 226.70 Td (of ) Tj ET Q q 0 0 0 rg BT 335.53 226.70 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 372.23 226.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 414.21 226.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.55 226.70 Td (37%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.88 226.70 Td ( ) Tj ET Q q 0 0 0 rg BT 445.44 226.70 Td (of ) Tj ET Q q 0 0 0 rg BT 456.33 226.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 490.53 226.70 Td (for ) Tj ET Q q 0 0 0 rg BT 504.75 226.70 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 519.53 226.70 Td (2017. ) Tj ET Q q 0 0 0 rg BT 544.59 226.70 Td ( ) Tj ET Q q 0 0 0 rg BT 546.96 226.70 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.70 Td (slight ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.73 214.70 Td (decline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.60 214.70 Td ( ) Tj ET Q q 0 0 0 rg BT 106.10 214.70 Td (in ) Tj ET Q q 0 0 0 rg BT 116.38 214.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 139.99 214.70 Td (mar) Tj ET Q q 0 0 0 rg BT 155.36 214.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 170.63 214.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 216.44 214.70 Td (was ) Tj ET Q q 0 0 0 rg BT 234.49 214.70 Td (due ) Tj ET Q q 0 0 0 rg BT 251.43 214.70 Td (to ) Tj ET Q q 0 0 0 rg BT 261.70 214.70 Td (the ) Tj ET Q q 0 0 0 rg BT 276.42 214.70 Td (following ) Tj ET Q q 0 0 0 rg BT 317.81 214.70 Td (factors: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 196.70 Td (i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 196.70 Td (the ) Tj ET Q q 0 0 0 rg BT 118.72 196.70 Td (higher ) Tj ET Q q 0 0 0 rg BT 146.76 196.70 Td (mix ) Tj ET Q q 0 0 0 rg BT 164.82 196.70 Td (of ) Tj ET Q q 0 0 0 rg BT 175.65 196.70 Td (service ) Tj ET Q q 0 0 0 rg BT 206.47 196.70 Td (productions, ) Tj ET Q q 0 0 0 rg BT 258.68 196.70 Td (which ) Tj ET Q q 0 0 0 rg BT 285.62 196.70 Td (yield ) Tj ET Q q 0 0 0 rg BT 308.12 196.70 Td (lower ) Tj ET Q q 0 0 0 rg BT 333.38 196.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 357.00 196.70 Td (mar) Tj ET Q q 0 0 0 rg BT 372.36 196.70 Td (gin;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 178.70 Td (ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 178.70 Td (distribution ) Tj ET Q q 0 0 0 rg BT 152.15 178.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 185.82 178.70 Td (of ) Tj ET Q q 0 0 0 rg BT 196.19 178.70 Td ($0.9 ) Tj ET Q q 0 0 0 rg BT 215.72 178.70 Td (million ) Tj ET Q q 0 0 0 rg BT 246.64 178.70 Td (and ) Tj ET Q q 0 0 0 rg BT 263.12 178.70 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 309.57 178.70 Td (production ) Tj ET Q q 0 0 0 rg BT 354.93 178.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 388.61 178.70 Td (of ) Tj ET Q q 0 0 0 rg BT 398.97 178.70 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 418.50 178.70 Td (million ) Tj ET Q q 0 0 0 rg BT 449.43 178.70 Td (not ) Tj ET Q q 0 0 0 rg BT 464.24 178.70 Td (recognized ) Tj ET Q q 0 0 0 rg BT 510.13 178.70 Td (in ) Tj ET Q q 0 0 0 rg BT 519.94 178.70 Td (the ) Tj ET Q q 0 0 0 rg BT 534.19 178.70 Td (current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 166.70 Td (quarter ) Tj ET Q q 0 0 0 rg BT 134.62 166.70 Td (as ) Tj ET Q q 0 0 0 rg BT 145.26 166.70 Td (a ) Tj ET Q q 0 0 0 rg BT 152.00 166.70 Td (result ) Tj ET Q q 0 0 0 rg BT 176.53 166.70 Td (of ) Tj ET Q q 0 0 0 rg BT 187.16 166.70 Td (implementing ) Tj ET Q q 0 0 0 rg BT 245.01 166.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 268.44 166.70 Td (15 ) Tj ET Q q 0 0 0 rg BT 280.75 166.70 Td (that ) Tj ET Q q 0 0 0 rg BT 298.05 166.70 Td (would ) Tj ET Q q 0 0 0 rg BT 325.36 166.70 Td (have ) Tj ET Q q 0 0 0 rg BT 346.54 166.70 Td (had ) Tj ET Q q 0 0 0 rg BT 363.29 166.70 Td (a ) Tj ET Q q 0 0 0 rg BT 370.03 166.70 Td (positive ) Tj ET Q q 0 0 0 rg BT 404.00 166.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 433.52 166.70 Td (on ) Tj ET Q q 0 0 0 rg BT 445.83 166.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 469.24 166.70 Td (mar) Tj ET Q q 0 0 0 rg BT 484.61 166.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 499.70 166.70 Td (percentage; ) Tj ET Q q 0 0 0 rg BT 548.08 166.70 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 148.70 Td (iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 148.70 Td (the ) Tj ET Q q 0 0 0 rg BT 117.75 148.70 Td (continued ) Tj ET Q q 0 0 0 rg BT 158.71 148.70 Td (growth ) Tj ET Q q 0 0 0 rg BT 188.57 148.70 Td (of ) Tj ET Q q 0 0 0 rg BT 198.43 148.70 Td (third-party ) Tj ET Q q 0 0 0 rg BT 242.73 148.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 279.80 148.70 Td (in ) Tj ET Q q 0 0 0 rg BT 288.99 148.70 Td (W) Tj ET Q q 0 0 0 rg BT 298.03 148.70 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 334.84 148.70 Td (which ) Tj ET Q q 0 0 0 rg BT 360.81 148.70 Td (are ) Tj ET Q q 0 0 0 rg BT 374.54 148.70 Td (lower ) Tj ET Q q 0 0 0 rg BT 398.84 148.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 421.49 148.70 Td (mar) Tj ET Q q 0 0 0 rg BT 436.85 148.70 Td (gin, ) Tj ET Q q 0 0 0 rg BT 453.66 148.70 Td (but ) Tj ET Q q 0 0 0 rg BT 467.97 148.70 Td (are ) Tj ET Q q 0 0 0 rg BT 481.71 148.70 Td (expected ) Tj ET Q q 0 0 0 rg BT 518.77 148.70 Td (to ) Tj ET Q q 0 0 0 rg BT 528.08 148.70 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 136.70 Td (to ) Tj ET Q q 0 0 0 rg BT 114.28 136.70 Td (drive ) Tj ET Q q 0 0 0 rg BT 137.33 136.70 Td (increasing ) Tj ET Q q 0 0 0 rg BT 180.92 136.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 215.06 136.70 Td (growth ) Tj ET Q q 0 0 0 rg BT 245.89 136.70 Td (in ) Tj ET Q q 0 0 0 rg BT 255.99 136.70 Td (W) Tj ET Q q 0 0 0 rg BT 265.03 136.70 Td (ildBrain. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 118.70 Td (T) Tj ET Q q 0 0 0 rg BT 73.41 118.70 Td (elevision ) Tj ET Q q 0 0 0 rg BT 112.04 118.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 135.68 118.70 Td (mar) Tj ET Q q 0 0 0 rg BT 151.04 118.70 Td (gins ) Tj ET Q q 0 0 0 rg BT 170.24 118.70 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.20 118.70 Td ($8.5 ) Tj ET Q q 0 0 0 rg BT 212.22 118.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.11 118.70 Td ( ) Tj ET Q q 0 0 0 rg BT 243.64 118.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.82 118.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 272.57 118.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.57 118.70 Td (, ) Tj ET Q q 0 0 0 rg BT 297.60 118.70 Td (comparable ) Tj ET Q q 0 0 0 rg BT 346.76 118.70 Td (to ) Tj ET Q q 0 0 0 rg BT 357.07 118.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.81 118.70 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 391.84 118.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.73 118.70 Td ( ) Tj ET Q q 0 0 0 rg BT 423.25 118.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.56 118.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 448.31 118.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.31 118.70 Td ( ) Tj ET Q q 0 0 0 rg BT 470.83 118.70 Td (despite ) Tj ET Q q 0 0 0 rg BT 501.68 118.70 Td (lower ) Tj ET Q q 0 0 0 rg BT 526.98 118.70 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.41 106.70 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 81.99 106.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.88 106.70 Td (. ) Tj ET Q q 0 0 0 rg BT 116.46 106.70 Td (Gross ) Tj ET Q q 0 0 0 rg BT 142.88 106.70 Td (mar) Tj ET Q q 0 0 0 rg BT 158.24 106.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 174.10 106.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 220.48 106.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.22 106.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 250.52 106.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.52 106.70 Td ( ) Tj ET Q q 0 0 0 rg BT 273.60 106.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.24 106.70 Td (64%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.57 106.70 Td (, ) Tj ET Q q 0 0 0 rg BT 316.15 106.70 Td (up ) Tj ET Q q 0 0 0 rg BT 329.23 106.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 371.73 106.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.59 106.70 Td (61%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.92 106.70 Td ( ) Tj ET Q q 0 0 0 rg BT 404.00 106.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.86 106.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 430.16 106.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.16 106.70 Td (. ) Tj ET Q q 0 0 0 rg BT 455.52 106.70 Td (The ) Tj ET Q q 0 0 0 rg BT 474.14 106.70 Td (improvement ) Tj ET Q q 0 0 0 rg BT 530.54 106.70 Td (in ) Tj ET Q q 0 0 0 rg BT 541.40 106.70 Td (gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.70 Td (mar) Tj ET Q q 0 0 0 rg BT 65.37 94.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 81.09 94.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 127.34 94.70 Td (was ) Tj ET Q q 0 0 0 rg BT 145.84 94.70 Td (due ) Tj ET Q q 0 0 0 rg BT 163.23 94.70 Td (to ) Tj ET Q q 0 0 0 rg BT 173.96 94.70 Td (cost-reduction ) Tj ET Q q 0 0 0 rg BT 234.11 94.70 Td (measures ) Tj ET Q q 0 0 0 rg BT 274.26 94.70 Td (and ) Tj ET Q q 0 0 0 rg BT 291.65 94.70 Td (continuing ) Tj ET Q q 0 0 0 rg BT 337.37 94.70 Td (to ) Tj ET Q q 0 0 0 rg BT 348.10 94.70 Td (utilize ) Tj ET Q q 0 0 0 rg BT 376.03 94.70 Td (the ) Tj ET Q q 0 0 0 rg BT 391.20 94.70 Td (Company's ) Tj ET Q q 0 0 0 rg BT 438.73 94.70 Td (lar) Tj ET Q q 0 0 0 rg BT 449.09 94.70 Td (ge ) Tj ET Q q 0 0 0 rg BT 461.48 94.70 Td (library ) Tj ET Q q 0 0 0 rg BT 491.08 94.70 Td (to ) Tj ET Q q 0 0 0 rg BT 501.81 94.70 Td (control ) Tj ET Q q 0 0 0 rg BT 533.08 94.70 Td (content ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.70 Td (costs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 64.70 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 110.73 64.70 Td (Products-Represented ) Tj ET Q q 0 0 0 rg BT 200.11 64.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 222.85 64.70 Td (mar) Tj ET Q q 0 0 0 rg BT 238.21 64.70 Td (gins ) Tj ET Q q 0 0 0 rg BT 256.51 64.70 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.56 64.70 Td ($2.6 ) Tj ET Q q 0 0 0 rg BT 296.68 64.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.57 64.70 Td ( ) Tj ET Q q 0 0 0 rg BT 327.20 64.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 64.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 350.44 64.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.44 64.70 Td (, ) Tj ET Q q 0 0 0 rg BT 374.57 64.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 415.61 64.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.02 64.70 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 444.14 64.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.03 64.70 Td ( ) Tj ET Q q 0 0 0 rg BT 474.66 64.70 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.06 64.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 497.90 64.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.90 64.70 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.03 64.70 Td (a ) Tj ET Q q 0 0 0 rg BT 528.09 64.70 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 52.70 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 80.83 52.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.72 52.70 Td (. ) Tj ET Q q 0 0 0 rg BT 114.72 52.70 Td (Gross ) Tj ET Q q 0 0 0 rg BT 140.56 52.70 Td (mar) Tj ET Q q 0 0 0 rg BT 155.92 52.70 Td (gin ) Tj ET Q q 0 0 0 rg BT 171.20 52.70 Td (percentage ) Tj ET Q q 0 0 0 rg BT 217.00 52.70 Td (was ) Tj ET Q q 0 0 0 rg BT 235.05 52.70 Td (100% ) Tj ET Q q 0 0 0 rg BT 260.88 52.70 Td (for ) Tj ET Q q 0 0 0 rg BT 275.04 52.70 Td (both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.32 52.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 310.04 52.70 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.04 52.70 Td ( ) Tj ET Q q 0 0 0 rg BT 332.54 52.70 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.48 52.70 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 364.20 52.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.20 52.70 Td (. ) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 742.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 94.17 742.25 Td (Expenses ) Tj ET Q q 0 0 0 rg BT 135.56 742.25 Td (\(Income\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 724.25 Td (Selling, ) Tj ET Q q 0 0 0 rg BT 82.77 724.25 Td (General ) Tj ET Q q 0 0 0 rg BT 118.04 724.25 Td (& ) Tj ET Q q 0 0 0 rg BT 128.14 724.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 189.52 724.25 Td (\(") Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 197.05 724.25 Td (SG&A) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 224.28 724.25 Td ("\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 95.23 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 98.32 706.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 121.41 706.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.16 706.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 151.47 706.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.47 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 174.56 706.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.07 706.25 Td ($19.2 ) Tj ET Q q 0 0 0 rg BT 222.66 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.55 706.25 Td (, ) Tj ET Q q 0 0 0 rg BT 257.14 706.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 299.65 706.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.52 706.25 Td ($19.8 ) Tj ET Q q 0 0 0 rg BT 336.11 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 368.09 706.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.84 706.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 398.15 706.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 706.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.73 706.25 Td (a ) Tj ET Q q 0 0 0 rg BT 431.26 706.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.68 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 468.76 706.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.18 706.25 Td ($0.6 ) Tj ET Q q 0 0 0 rg BT 500.77 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.66 706.25 Td (, ) Tj ET Q q 0 0 0 rg BT 535.25 706.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.67 706.25 Td (3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 706.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (Included ) Tj ET Q q 0 0 0 rg BT 87.50 694.25 Td (in ) Tj ET Q q 0 0 0 rg BT 97.80 694.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 125.03 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 127.55 694.25 Td (was ) Tj ET Q q 0 0 0 rg BT 145.63 694.25 Td (an ) Tj ET Q q 0 0 0 rg BT 157.58 694.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 192.31 694.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.16 694.25 Td ($0.4 ) Tj ET Q q 0 0 0 rg BT 223.18 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.07 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 254.59 694.25 Td (in ) Tj ET Q q 0 0 0 rg BT 264.89 694.25 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 303.51 694.25 Td (share-based ) Tj ET Q q 0 0 0 rg BT 353.22 694.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 411.28 694.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.58 694.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 436.32 694.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.32 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 461.34 694.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 503.29 694.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.58 694.25 Td ($1.2 ) Tj ET Q q 0 0 0 rg BT 533.60 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.50 694.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 85.02 682.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.61 682.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 110.64 682.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.64 682.25 Td (. ) Tj ET Q q 0 0 0 rg BT 135.33 682.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 174.25 682.25 Td (for ) Tj ET Q q 0 0 0 rg BT 188.72 682.25 Td (share-based ) Tj ET Q q 0 0 0 rg BT 238.73 682.25 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 299.59 682.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 326.82 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 329.63 682.25 Td (was ) Tj ET Q q 0 0 0 rg BT 347.99 682.25 Td (lar) Tj ET Q q 0 0 0 rg BT 358.36 682.25 Td (gely ) Tj ET Q q 0 0 0 rg BT 378.39 682.25 Td (flat ) Tj ET Q q 0 0 0 rg BT 394.52 682.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.55 682.25 Td ($18.8 ) Tj ET Q q 0 0 0 rg BT 429.86 682.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.76 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 461.57 682.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.16 682.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 487.19 682.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.19 682.25 Td (, ) Tj ET Q q 0 0 0 rg BT 512.50 682.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 554.74 682.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td ($18.6 ) Tj ET Q q 0 0 0 rg BT 74.15 670.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.04 670.25 Td ( ) Tj ET Q q 0 0 0 rg BT 104.69 670.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.12 670.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 127.99 670.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.99 670.25 Td (. ) Tj ET Q q 0 0 0 rg BT 152.14 670.25 Td (Increases ) Tj ET Q q 0 0 0 rg BT 190.99 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 200.41 670.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 227.64 670.25 Td ( ) Tj ET Q q 0 0 0 rg BT 229.29 670.25 Td (at ) Tj ET Q q 0 0 0 rg BT 238.04 670.25 Td (W) Tj ET Q q 0 0 0 rg BT 247.08 670.25 Td (ildBrain, ) Tj ET Q q 0 0 0 rg BT 284.00 670.25 Td (were ) Tj ET Q q 0 0 0 rg BT 305.08 670.25 Td (lar) Tj ET Q q 0 0 0 rg BT 315.45 670.25 Td (gely ) Tj ET Q q 0 0 0 rg BT 334.31 670.25 Td (of) Tj ET Q q 0 0 0 rg BT 342.46 670.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 358.55 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 370.20 670.25 Td (decreases ) Tj ET Q q 0 0 0 rg BT 410.15 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 419.58 670.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 446.81 670.25 Td ( ) Tj ET Q q 0 0 0 rg BT 448.46 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 457.89 670.25 Td (other ) Tj ET Q q 0 0 0 rg BT 480.09 670.25 Td (areas ) Tj ET Q q 0 0 0 rg BT 502.27 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 512.25 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 526.12 670.25 Td (business. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 652.25 Td (Amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 634.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.41 634.25 Td (otal ) Tj ET Q q 0 0 0 rg BT 90.57 634.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 143.26 634.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.75 634.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 190.34 634.25 Td (library ) Tj ET Q q 0 0 0 rg BT 219.15 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 235.75 634.25 Td (library ) Tj ET Q q 0 0 0 rg BT 264.57 634.25 Td (content, ) Tj ET Q q 0 0 0 rg BT 298.66 634.25 Td (property ) Tj ET Q q 0 0 0 rg BT 334.70 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 351.30 634.25 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 398.17 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 414.77 634.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 456.92 634.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 482.41 634.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.13 634.25 Td ($9.0 ) Tj ET Q q 0 0 0 rg BT 519.79 634.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.68 634.25 Td ( ) Tj ET Q q 0 0 0 rg BT 550.84 634.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 64.72 622.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.72 622.25 Td (, ) Tj ET Q q 0 0 0 rg BT 89.72 622.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 131.65 622.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.92 622.25 Td ($9.8 ) Tj ET Q q 0 0 0 rg BT 161.92 622.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.82 622.25 Td ( ) Tj ET Q q 0 0 0 rg BT 193.32 622.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.59 622.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 218.32 622.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.32 622.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.32 622.25 Td (a ) Tj ET Q q 0 0 0 rg BT 250.25 622.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.67 622.25 Td ( ) Tj ET Q q 0 0 0 rg BT 287.17 622.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 622.25 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 318.00 622.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.89 622.25 Td (, ) Tj ET Q q 0 0 0 rg BT 351.89 622.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.72 622.25 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.05 622.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 604.25 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 123.75 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 134.50 604.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 171.35 604.25 Td (and ) Tj ET Q q 0 0 0 rg BT 188.22 604.25 Td (library ) Tj ET Q q 0 0 0 rg BT 217.30 604.25 Td (content ) Tj ET Q q 0 0 0 rg BT 249.16 604.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.13 604.25 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 287.06 604.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.95 604.25 Td ( ) Tj ET Q q 0 0 0 rg BT 318.38 604.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.58 604.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 343.23 604.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.23 604.25 Td (, ) Tj ET Q q 0 0 0 rg BT 368.15 604.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 410.00 604.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.21 604.25 Td ($3.9 ) Tj ET Q q 0 0 0 rg BT 440.13 604.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.03 604.25 Td ( ) Tj ET Q q 0 0 0 rg BT 471.45 604.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.66 604.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 496.30 604.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.30 604.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.23 604.25 Td (a ) Tj ET Q q 0 0 0 rg BT 528.09 604.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.96 592.25 Td ($0.3 ) Tj ET Q q 0 0 0 rg BT 79.10 592.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.99 592.25 Td ( ) Tj ET Q q 0 0 0 rg BT 109.63 592.25 Td (as ) Tj ET Q q 0 0 0 rg BT 119.59 592.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 148.43 592.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 184.49 592.25 Td (and ) Tj ET Q q 0 0 0 rg BT 200.56 592.25 Td (library ) Tj ET Q q 0 0 0 rg BT 228.85 592.25 Td (content ) Tj ET Q q 0 0 0 rg BT 259.92 592.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 284.88 592.25 Td (were ) Tj ET Q q 0 0 0 rg BT 305.95 592.25 Td (impaired ) Tj ET Q q 0 0 0 rg BT 343.12 592.25 Td (at ) Tj ET Q q 0 0 0 rg BT 351.97 592.25 Td (the ) Tj ET Q q 0 0 0 rg BT 365.83 592.25 Td (end ) Tj ET Q q 0 0 0 rg BT 381.90 592.25 Td (of ) Tj ET Q q 0 0 0 rg BT 391.86 592.25 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 417.39 592.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 441.52 592.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 478.15 592.25 Td (in ) Tj ET Q q 0 0 0 rg BT 487.56 592.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 511.97 592.25 Td (amortization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 84.71 580.25 Td (in ) Tj ET Q q 0 0 0 rg BT 94.99 580.25 Td (the ) Tj ET Q q 0 0 0 rg BT 109.70 580.25 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 562.25 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 123.82 562.25 Td (of ) Tj ET Q q 0 0 0 rg BT 134.65 562.25 Td (property ) Tj ET Q q 0 0 0 rg BT 171.03 562.25 Td (and ) Tj ET Q q 0 0 0 rg BT 187.97 562.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 232.68 562.25 Td (was ) Tj ET Q q 0 0 0 rg BT 250.73 562.25 Td (flat ) Tj ET Q q 0 0 0 rg BT 266.55 562.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.27 562.25 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 296.27 562.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.16 562.25 Td ( ) Tj ET Q q 0 0 0 rg BT 327.66 562.25 Td (in ) Tj ET Q q 0 0 0 rg BT 337.94 562.25 Td (both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.22 562.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 372.94 562.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.94 562.25 Td ( ) Tj ET Q q 0 0 0 rg BT 395.44 562.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.38 562.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 427.10 562.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.10 562.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 544.25 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 123.23 544.25 Td (of ) Tj ET Q q 0 0 0 rg BT 133.47 544.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 175.38 544.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 200.62 544.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.08 544.25 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 237.49 544.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.38 544.25 Td ( ) Tj ET Q q 0 0 0 rg BT 268.30 544.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.99 544.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 292.12 544.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.12 544.25 Td ( ) Tj ET Q q 0 0 0 rg BT 314.03 544.25 Td (comparable ) Tj ET Q q 0 0 0 rg BT 362.58 544.25 Td (to ) Tj ET Q q 0 0 0 rg BT 372.27 544.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.40 544.25 Td ($4.1 ) Tj ET Q q 0 0 0 rg BT 405.81 544.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.70 544.25 Td ( ) Tj ET Q q 0 0 0 rg BT 436.62 544.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 473.50 544.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.19 544.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 497.33 544.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.33 544.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.74 544.25 Td (a ) Tj ET Q q 0 0 0 rg BT 528.09 544.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.89 532.25 Td ($0.5 ) Tj ET Q q 0 0 0 rg BT 80.94 532.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.83 532.25 Td (. ) Tj ET Q q 0 0 0 rg BT 114.71 532.25 Td (The ) Tj ET Q q 0 0 0 rg BT 132.81 532.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 169.78 532.25 Td (was ) Tj ET Q q 0 0 0 rg BT 187.89 532.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 223.76 532.25 Td (due ) Tj ET Q q 0 0 0 rg BT 240.76 532.25 Td (to ) Tj ET Q q 0 0 0 rg BT 251.09 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 265.87 532.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 314.52 532.25 Td (of ) Tj ET Q q 0 0 0 rg BT 325.41 532.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 355.16 532.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 397.71 532.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 423.60 532.25 Td (at ) Tj ET Q q 0 0 0 rg BT 433.37 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 448.14 532.25 Td (end ) Tj ET Q q 0 0 0 rg BT 465.14 532.25 Td (of ) Tj ET Q q 0 0 0 rg BT 476.02 532.25 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 502.47 532.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 527.52 532.25 Td (resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 520.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 85.55 520.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 138.58 520.25 Td (in ) Tj ET Q q 0 0 0 rg BT 148.86 520.25 Td (the ) Tj ET Q q 0 0 0 rg BT 163.58 520.25 Td (period, ) Tj ET Q q 0 0 0 rg BT 194.13 520.25 Td (and ) Tj ET Q q 0 0 0 rg BT 211.06 520.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 240.77 520.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 283.26 520.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 309.09 520.25 Td (that ) Tj ET Q q 0 0 0 rg BT 326.58 520.25 Td (have ) Tj ET Q q 0 0 0 rg BT 347.96 520.25 Td (become ) Tj ET Q q 0 0 0 rg BT 381.55 520.25 Td (fully ) Tj ET Q q 0 0 0 rg BT 402.94 520.25 Td (amortized ) Tj ET Q q 0 0 0 rg BT 445.42 520.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 482.92 520.25 Td (in ) Tj ET Q q 0 0 0 rg BT 493.19 520.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 518.46 520.25 Td (expense. ) Tj ET Q q 0 0 0 rg BT 555.67 520.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (Development, ) Tj ET Q q 0 0 0 rg BT 107.75 502.25 Td (Integration ) Tj ET Q q 0 0 0 rg BT 155.25 502.25 Td (and ) Tj ET Q q 0 0 0 rg BT 172.75 502.25 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 484.25 Td (Development, ) Tj ET Q q 0 0 0 rg BT 126.74 484.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 172.43 484.25 Td (and ) Tj ET Q q 0 0 0 rg BT 189.24 484.25 Td (other ) Tj ET Q q 0 0 0 rg BT 212.16 484.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.95 484.25 Td ($1.9 ) Tj ET Q q 0 0 0 rg BT 253.82 484.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.72 484.25 Td ( ) Tj ET Q q 0 0 0 rg BT 285.09 484.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.23 484.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 309.82 484.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.82 484.25 Td (, ) Tj ET Q q 0 0 0 rg BT 334.69 484.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 376.49 484.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.64 484.25 Td ($1.6 ) Tj ET Q q 0 0 0 rg BT 406.51 484.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.40 484.25 Td ( ) Tj ET Q q 0 0 0 rg BT 437.77 484.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.91 484.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 462.51 484.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.51 484.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.38 484.25 Td (an ) Tj ET Q q 0 0 0 rg BT 499.18 484.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.94 484.25 Td ( ) Tj ET Q q 0 0 0 rg BT 534.31 484.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.01 484.25 Td ($0.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 472.25 Td (. ) Tj ET Q q 0 0 0 rg BT 82.81 472.25 Td (Included ) Tj ET Q q 0 0 0 rg BT 119.22 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 128.43 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 142.07 472.25 Td (current ) Tj ET Q q 0 0 0 rg BT 171.80 472.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 201.54 472.25 Td (char) Tj ET Q q 0 0 0 rg BT 218.57 472.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 229.43 472.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.41 472.25 Td ($0.2 ) Tj ET Q q 0 0 0 rg BT 265.33 472.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.22 472.25 Td ( ) Tj ET Q q 0 0 0 rg BT 295.64 472.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 338.16 472.25 Td (with ) Tj ET Q q 0 0 0 rg BT 357.36 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 371.00 472.25 Td (Company) Tj ET Q q 0 0 0 rg BT 412.67 472.25 Td (s ) Tj ET Q q 0 0 0 rg BT 417.98 472.25 Td (strategic ) Tj ET Q q 0 0 0 rg BT 453.28 472.25 Td (review ) Tj ET Q q 0 0 0 rg BT 481.91 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 497.77 472.25 Td (related ) Tj ET Q q 0 0 0 rg BT 526.40 472.25 Td (activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.56 460.25 Td ($1.6 ) Tj ET Q q 0 0 0 rg BT 88.19 460.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.08 460.25 Td ( ) Tj ET Q q 0 0 0 rg BT 120.20 460.25 Td (for ) Tj ET Q q 0 0 0 rg BT 134.99 460.25 Td (char) Tj ET Q q 0 0 0 rg BT 152.01 460.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 168.47 460.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 208.80 460.25 Td (related ) Tj ET Q q 0 0 0 rg BT 239.13 460.25 Td (to ) Tj ET Q q 0 0 0 rg BT 250.03 460.25 Td (legal ) Tj ET Q q 0 0 0 rg BT 272.59 460.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 291.81 460.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 336.03 460.25 Td (with ) Tj ET Q q 0 0 0 rg BT 356.93 460.25 Td (a ) Tj ET Q q 0 0 0 rg BT 364.49 460.25 Td (dispute ) Tj ET Q q 0 0 0 rg BT 396.50 460.25 Td (with ) Tj ET Q q 0 0 0 rg BT 417.41 460.25 Td (former ) Tj ET Q q 0 0 0 rg BT 447.74 460.25 Td (employees ) Tj ET Q q 0 0 0 rg BT 493.63 460.25 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.96 460.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 512.30 460.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 460.25 Td ( ) Tj ET Q q 0 0 0 rg BT 535.43 460.25 Td (- ) Tj ET Q q 0 0 0 rg BT 541.88 460.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.00 460.25 Td ($1.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 81.39 448.25 Td (for ) Tj ET Q q 0 0 0 rg BT 95.55 448.25 Td (severance ) Tj ET Q q 0 0 0 rg BT 137.47 448.25 Td (and ) Tj ET Q q 0 0 0 rg BT 154.40 448.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 200.22 448.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 222.72 448.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.66 448.25 Td ($0.2 ) Tj ET Q q 0 0 0 rg BT 259.66 448.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.55 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 291.05 448.25 Td (for ) Tj ET Q q 0 0 0 rg BT 305.21 448.25 Td (strategic ) Tj ET Q q 0 0 0 rg BT 341.59 448.25 Td (review ) Tj ET Q q 0 0 0 rg BT 371.29 448.25 Td (activities\). ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (Finance ) Tj ET Q q 0 0 0 rg BT 85.26 430.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 117.19 430.25 Td (\(Expense\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 412.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 84.99 412.25 Td (finance ) Tj ET Q q 0 0 0 rg BT 116.96 412.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 151.71 412.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.81 412.25 Td ($19.3 ) Tj ET Q q 0 0 0 rg BT 194.86 412.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.75 412.25 Td ( ) Tj ET Q q 0 0 0 rg BT 226.30 412.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.63 412.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 251.40 412.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.40 412.25 Td (, ) Tj ET Q q 0 0 0 rg BT 276.44 412.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 318.42 412.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.74 412.25 Td ($1) Tj ET Q q 0 0 0 rg BT 338.37 412.25 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 353.42 412.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.31 412.25 Td ( ) Tj ET Q q 0 0 0 rg BT 384.86 412.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.18 412.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 409.95 412.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.95 412.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 412.25 Td (an ) Tj ET Q q 0 0 0 rg BT 446.99 412.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.74 412.25 Td ( ) Tj ET Q q 0 0 0 rg BT 482.29 412.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.17 412.25 Td ($7.8 ) Tj ET Q q 0 0 0 rg BT 513.21 412.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.11 412.25 Td (. ) Tj ET Q q 0 0 0 rg BT 546.97 412.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.75 400.25 Td ( ) Tj ET Q q 0 0 0 rg BT 84.80 400.25 Td (was ) Tj ET Q q 0 0 0 rg BT 102.40 400.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 141.66 400.25 Td (due ) Tj ET Q q 0 0 0 rg BT 158.14 400.25 Td (to ) Tj ET Q q 0 0 0 rg BT 167.96 400.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 195.56 400.25 Td (accretion ) Tj ET Q q 0 0 0 rg BT 234.24 400.25 Td (on ) Tj ET Q q 0 0 0 rg BT 246.29 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 260.55 400.25 Td (Senior ) Tj ET Q q 0 0 0 rg BT 288.71 400.25 Td (Unsecured ) Tj ET Q q 0 0 0 rg BT 333.51 400.25 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 382.77 400.25 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 430.35 400.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.73 400.25 Td ($0.6 ) Tj ET Q q 0 0 0 rg BT 460.27 400.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.17 400.25 Td ( ) Tj ET Q q 0 0 0 rg BT 491.21 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 507.70 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 521.96 400.25 Td (expensing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.12 388.25 Td ($7.3 ) Tj ET Q q 0 0 0 rg BT 79.42 388.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.31 388.25 Td ( ) Tj ET Q q 0 0 0 rg BT 110.10 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 119.67 388.25 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 171.45 388.25 Td (issue ) Tj ET Q q 0 0 0 rg BT 193.24 388.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 215.03 388.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 257.92 388.25 Td (to ) Tj ET Q q 0 0 0 rg BT 267.49 388.25 Td (the ) Tj ET Q q 0 0 0 rg BT 281.50 388.25 Td (term ) Tj ET Q q 0 0 0 rg BT 301.62 388.25 Td (facility ) Tj ET Q q 0 0 0 rg BT 331.74 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 341.31 388.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 373.64 388.25 Td (to ) Tj ET Q q 0 0 0 rg BT 383.22 388.25 Td (the ) Tj ET Q q 0 0 0 rg BT 397.23 388.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 434.56 388.25 Td (repayment ) Tj ET Q q 0 0 0 rg BT 478.56 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 488.13 388.25 Td (the ) Tj ET Q q 0 0 0 rg BT 502.14 388.25 Td (current ) Tj ET Q q 0 0 0 rg BT 532.25 388.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 560.01 388.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (Change in Fair V) Tj ET Q q 0 0 0 rg BT 119.17 370.25 Td (alue of Embedded Derivative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 352.25 Td (The change in fair value of the embedded derivative related to the convertible debt was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.24 352.25 Td ($4.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.13 352.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.91 352.25 Td (Q1 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.63 352.25 Td (, compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 340.25 Td ($nil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 340.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.61 340.25 Td (Q1 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.33 340.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (For) Tj ET Q q 0 0 0 rg BT 64.63 322.25 Td (eign Exchange Gain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 304.25 Td (The foreign exchange gain was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.45 304.25 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.34 304.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.12 304.25 Td (Q1 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.84 304.25 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.04 304.25 Td ($1) Tj ET Q q 0 0 0 rg BT 358.67 304.25 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.56 304.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.34 304.25 Td (Q1 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.06 304.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 88.62 286.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 125.30 286.25 Td ( ) Tj ET Q q 0 0 0 rg BT 127.43 286.25 Td (Attributable ) Tj ET Q q 0 0 0 rg BT 179.38 286.25 Td (to ) Tj ET Q q 0 0 0 rg BT 189.66 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 204.94 286.25 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 262.45 286.25 Td (of ) Tj ET Q q 0 0 0 rg BT 273.28 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 288.56 286.25 Td (Company) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 268.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 106.26 268.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 142.37 268.25 Td ( ) Tj ET Q q 0 0 0 rg BT 144.52 268.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 192.21 268.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.14 268.25 Td (the ) Tj ET Q q 0 0 0 rg BT 216.51 268.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 269.20 268.25 Td (of ) Tj ET Q q 0 0 0 rg BT 279.68 268.25 Td (the ) Tj ET Q q 0 0 0 rg BT 294.05 268.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 335.09 268.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.79 268.25 Td ($17.3 ) Tj ET Q q 0 0 0 rg BT 377.45 268.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.34 268.25 Td ( ) Tj ET Q q 0 0 0 rg BT 408.49 268.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.42 268.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 432.80 268.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 268.25 Td (, ) Tj ET Q q 0 0 0 rg BT 457.45 268.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 499.02 268.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.96 268.25 Td ($22.8 ) Tj ET Q q 0 0 0 rg BT 533.61 268.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.50 268.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.38 256.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 75.20 256.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.20 256.25 Td (, ) Tj ET Q q 0 0 0 rg BT 100.30 256.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.34 256.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.75 256.25 Td ( ) Tj ET Q q 0 0 0 rg BT 144.35 256.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.28 256.25 Td ($5.5 ) Tj ET Q q 0 0 0 rg BT 175.38 256.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.27 256.25 Td (, ) Tj ET Q q 0 0 0 rg BT 209.38 256.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.31 256.25 Td (24%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.64 256.25 Td (. ) Tj ET Q q 0 0 0 rg BT 243.55 256.25 Td (The ) Tj ET Q q 0 0 0 rg BT 261.69 256.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 298.71 256.25 Td (was ) Tj ET Q q 0 0 0 rg BT 316.86 256.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 345.01 256.25 Td (by ) Tj ET Q q 0 0 0 rg BT 357.61 256.25 Td (the ) Tj ET Q q 0 0 0 rg BT 372.42 256.25 Td ($5.1 ) Tj ET Q q 0 0 0 rg BT 392.52 256.25 Td (million ) Tj ET Q q 0 0 0 rg BT 424.02 256.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 459.37 256.25 Td (in ) Tj ET Q q 0 0 0 rg BT 469.75 256.25 Td (the ) Tj ET Q q 0 0 0 rg BT 484.57 256.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 516.05 256.25 Td (of ) Tj ET Q q 0 0 0 rg BT 526.41 256.25 Td (Adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 86.11 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 89.07 244.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 137.56 244.25 Td (to ) Tj ET Q q 0 0 0 rg BT 148.30 244.25 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 213.47 244.25 Td (interests. ) Tj ET Q q 0 0 0 rg BT 251.60 244.25 Td (Approximately ) Tj ET Q q 0 0 0 rg BT 315.10 244.25 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 335.56 244.25 Td (million ) Tj ET Q q 0 0 0 rg BT 367.41 244.25 Td (of ) Tj ET Q q 0 0 0 rg BT 378.69 244.25 Td (this ) Tj ET Q q 0 0 0 rg BT 396.10 244.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 429.05 244.25 Td (was ) Tj ET Q q 0 0 0 rg BT 447.56 244.25 Td (due ) Tj ET Q q 0 0 0 rg BT 464.96 244.25 Td (to ) Tj ET Q q 0 0 0 rg BT 475.70 244.25 Td (the ) Tj ET Q q 0 0 0 rg BT 490.87 244.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 509.38 244.25 Td (of ) Tj ET Q q 0 0 0 rg BT 520.66 244.25 Td (a ) Tj ET Q q 0 0 0 rg BT 528.06 244.25 Td (minority ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 77.08 232.25 Td (stake ) Tj ET Q q 0 0 0 rg BT 99.70 232.25 Td (in ) Tj ET Q q 0 0 0 rg BT 109.56 232.25 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 142.75 232.25 Td (to ) Tj ET Q q 0 0 0 rg BT 152.61 232.25 Td (Sony ) Tj ET Q q 0 0 0 rg BT 175.25 232.25 Td (in ) Tj ET Q q 0 0 0 rg BT 185.11 232.25 Td (the ) Tj ET Q q 0 0 0 rg BT 199.40 232.25 Td (current ) Tj ET Q q 0 0 0 rg BT 229.80 232.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 257.56 232.25 Td (. ) Tj ET Q q 0 0 0 rg BT 262.14 232.25 Td (See ) Tj ET Q q 0 0 0 rg BT 278.66 232.25 Td (section ) Tj ET Q q 0 0 0 rg BT 309.07 232.25 Td (Recent ) Tj ET Q q 0 0 0 rg BT 343.20 232.25 Td (T) Tj ET Q q 0 0 0 rg BT 348.96 232.25 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 400.46 232.25 Td (in ) Tj ET Q q 0 0 0 rg BT 410.32 232.25 Td (this ) Tj ET Q q 0 0 0 rg BT 426.85 232.25 Td (MD&A) Tj ET Q q 0 0 0 rg BT 457.41 232.25 Td ( ) Tj ET Q q 0 0 0 rg BT 459.49 232.25 Td (for ) Tj ET Q q 0 0 0 rg BT 473.23 232.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 515.30 232.25 Td (information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (about ) Tj ET Q q 0 0 0 rg BT 74.83 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 89.66 220.25 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 123.39 220.25 Td (sale, ) Tj ET Q q 0 0 0 rg BT 144.05 220.25 Td (and ) Tj ET Q q 0 0 0 rg BT 161.10 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 175.93 220.25 Td (sections ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 210.76 220.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.76 220.25 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 262.17 220.25 Td ( ) Tj ET Q q 0 0 0 rg BT 264.78 220.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 304.61 220.25 Td (Measures) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 342.93 220.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.92 220.25 Td ( ) Tj ET Q q 0 0 0 rg BT 349.54 220.25 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.59 220.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.58 220.25 Td (Reconciliation ) Tj ET Q q 0 0 0 rg BT 431.52 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 442.46 220.25 Td (Historical ) Tj ET Q q 0 0 0 rg BT 484.51 220.25 Td (Results ) Tj ET Q q 0 0 0 rg BT 516.57 220.25 Td (to ) Tj ET Q q 0 0 0 rg BT 526.39 220.25 Td (Adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (EBITDA) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.66 208.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.65 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 93.15 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 103.98 208.25 Td (this ) Tj ET Q q 0 0 0 rg BT 120.93 208.25 Td (MD&A) Tj ET Q q 0 0 0 rg BT 151.49 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 153.99 208.25 Td (for ) Tj ET Q q 0 0 0 rg BT 168.15 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 182.87 208.25 Td (definition ) Tj ET Q q 0 0 0 rg BT 224.25 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 241.19 208.25 Td (detailed ) Tj ET Q q 0 0 0 rg BT 275.34 208.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 321.71 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 331.99 208.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 370.60 208.25 Td (EBITDA.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 83.61 190.25 Td (T) Tj ET Q q 0 0 0 rg BT 88.80 190.25 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 172.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 100.60 172.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 115.44 172.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.71 172.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 144.55 172.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.55 172.25 Td ( ) Tj ET Q q 0 0 0 rg BT 167.17 172.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.34 172.25 Td (a ) Tj ET Q q 0 0 0 rg BT 192.39 172.25 Td (recovery) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.37 172.25 Td ( ) Tj ET Q q 0 0 0 rg BT 229.99 172.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.93 172.25 Td ($2.6 ) Tj ET Q q 0 0 0 rg BT 261.05 172.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.94 172.25 Td (, ) Tj ET Q q 0 0 0 rg BT 295.06 172.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 337.10 172.25 Td (to ) Tj ET Q q 0 0 0 rg BT 347.50 172.25 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.55 172.25 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.76 172.25 Td ( ) Tj ET Q q 0 0 0 rg BT 394.38 172.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.32 172.25 Td ($1.9 ) Tj ET Q q 0 0 0 rg BT 425.44 172.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.33 172.25 Td ( ) Tj ET Q q 0 0 0 rg BT 456.95 172.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.35 172.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 482.18 172.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.18 172.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.30 172.25 Td (an ) Tj ET Q q 0 0 0 rg BT 519.36 172.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.11 172.25 Td ( ) Tj ET Q q 0 0 0 rg BT 554.73 172.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.25 Td (net ) Tj ET Q q 0 0 0 rg BT 64.56 160.25 Td (taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.46 160.25 Td (recovery) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.43 160.25 Td ( ) Tj ET Q q 0 0 0 rg BT 124.78 160.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.45 160.25 Td ($4.5 ) Tj ET Q q 0 0 0 rg BT 155.30 160.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.19 160.25 Td (. ) Tj ET Q q 0 0 0 rg BT 188.87 160.25 Td (The ) Tj ET Q q 0 0 0 rg BT 206.76 160.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 234.65 160.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 249.22 160.25 Td (recovery ) Tj ET Q q 0 0 0 rg BT 286.54 160.25 Td (was ) Tj ET Q q 0 0 0 rg BT 304.44 160.25 Td (due ) Tj ET Q q 0 0 0 rg BT 321.22 160.25 Td (to ) Tj ET Q q 0 0 0 rg BT 331.35 160.25 Td (non-taxable ) Tj ET Q q 0 0 0 rg BT 380.90 160.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 409.89 160.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 433.35 160.25 Td (and ) Tj ET Q q 0 0 0 rg BT 450.13 160.25 Td (the ) Tj ET Q q 0 0 0 rg BT 464.69 160.25 Td (ef) Tj ET Q q 0 0 0 rg BT 472.28 160.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 489.61 160.25 Td (of ) Tj ET Q q 0 0 0 rg BT 500.29 160.25 Td (non-controlling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (interest.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 124.85 Td (Net ) Tj ET Q q 0 0 0 rg BT 66.94 124.85 Td (Income ) Tj ET Q q 0 0 0 rg BT 100.55 124.85 Td (\(Loss\), ) Tj ET Q q 0 0 0 rg BT 131.10 124.85 Td (Comprehensive ) Tj ET Q q 0 0 0 rg BT 197.49 124.85 Td (Income ) Tj ET Q q 0 0 0 rg BT 231.09 124.85 Td (\(Loss\), ) Tj ET Q q 0 0 0 rg BT 261.65 124.85 Td (and ) Tj ET Q q 0 0 0 rg BT 279.71 124.85 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 320.56 124.85 Td (Per ) Tj ET Q q 0 0 0 rg BT 337.50 124.85 Td (Share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 106.85 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.36 106.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 99.05 106.85 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.05 106.85 Td (, ) Tj ET Q q 0 0 0 rg BT 124.02 106.85 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.70 106.85 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.26 106.85 Td ( ) Tj ET Q q 0 0 0 rg BT 156.73 106.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 204.74 106.85 Td (to ) Tj ET Q q 0 0 0 rg BT 214.98 106.85 Td (DHX ) Tj ET Q q 0 0 0 rg BT 239.12 106.85 Td (Media ) Tj ET Q q 0 0 0 rg BT 267.13 106.85 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 106.85 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 305.12 106.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.01 106.85 Td (, ) Tj ET Q q 0 0 0 rg BT 338.98 106.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 380.87 106.85 Td (to ) Tj ET Q q 0 0 0 rg BT 391.12 106.85 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.81 106.85 Td (earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.68 106.85 Td ( ) Tj ET Q q 0 0 0 rg BT 442.15 106.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.95 106.85 Td ($8.1 ) Tj ET Q q 0 0 0 rg BT 472.92 106.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.81 106.85 Td ( ) Tj ET Q q 0 0 0 rg BT 504.28 106.85 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.41 106.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 533.10 106.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.10 106.85 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.06 106.85 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.85 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.41 94.85 Td ( ) Tj ET Q q 0 0 0 rg BT 86.98 94.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.88 94.85 Td ($10.5 ) Tj ET Q q 0 0 0 rg BT 122.95 94.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.85 94.85 Td (. ) Tj ET Q q 0 0 0 rg BT 156.73 94.85 Td (The ) Tj ET Q q 0 0 0 rg BT 174.85 94.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 211.83 94.85 Td (was ) Tj ET Q q 0 0 0 rg BT 229.95 94.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 269.73 94.85 Td (due ) Tj ET Q q 0 0 0 rg BT 286.74 94.85 Td (to ) Tj ET Q q 0 0 0 rg BT 297.09 94.85 Td (a ) Tj ET Q q 0 0 0 rg BT 304.10 94.85 Td (smaller ) Tj ET Q q 0 0 0 rg BT 336.10 94.85 Td (foreign ) Tj ET Q q 0 0 0 rg BT 367.55 94.85 Td (exchange ) Tj ET Q q 0 0 0 rg BT 407.87 94.85 Td (gain ) Tj ET Q q 0 0 0 rg BT 427.66 94.85 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.01 94.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 452.80 94.85 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 94.85 Td ( ) Tj ET Q q 0 0 0 rg BT 475.37 94.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 517.36 94.85 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.71 94.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 542.50 94.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.94 82.85 Td ($8.8 ) Tj ET Q q 0 0 0 rg BT 83.05 82.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.94 82.85 Td (, ) Tj ET Q q 0 0 0 rg BT 118.05 82.85 Td (a ) Tj ET Q q 0 0 0 rg BT 126.10 82.85 Td (lar) Tj ET Q q 0 0 0 rg BT 136.47 82.85 Td (ger ) Tj ET Q q 0 0 0 rg BT 152.85 82.85 Td (net ) Tj ET Q q 0 0 0 rg BT 168.68 82.85 Td (income ) Tj ET Q q 0 0 0 rg BT 201.72 82.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 250.87 82.85 Td (to ) Tj ET Q q 0 0 0 rg BT 262.26 82.85 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 328.08 82.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 361.13 82.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.07 82.85 Td ($4.3 ) Tj ET Q q 0 0 0 rg BT 394.18 82.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.07 82.85 Td (, ) Tj ET Q q 0 0 0 rg BT 429.18 82.85 Td (the ) Tj ET Q q 0 0 0 rg BT 445.01 82.85 Td (expensing ) Tj ET Q q 0 0 0 rg BT 489.17 82.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.11 82.85 Td ($7.3 ) Tj ET Q q 0 0 0 rg BT 522.22 82.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.11 82.85 Td ( ) Tj ET Q q 0 0 0 rg BT 554.72 82.85 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.85 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 102.66 70.85 Td (issue ) Tj ET Q q 0 0 0 rg BT 125.35 70.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 148.03 70.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 191.81 70.85 Td (to ) Tj ET Q q 0 0 0 rg BT 202.27 70.85 Td (the ) Tj ET Q q 0 0 0 rg BT 217.17 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(the ) Tj ET Q q 0 0 0 rg BT 351.92 721.60 Td (Company) Tj ET Q q 0 0 0 rg BT 393.59 721.60 Td (s ) Tj ET Q q 0 0 0 rg BT 399.81 721.60 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 456.00 721.60 Td (and ) Tj ET Q q 0 0 0 rg BT 472.77 721.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 510.08 721.60 Td (position ) Tj ET Q q 0 0 0 rg BT 544.63 721.60 Td (as ) Tj ET Q q 0 0 0 rg BT 555.29 721.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 709.60 Td (September ) Tj ET Q q 0 0 0 rg BT 94.76 709.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 109.76 709.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.76 709.60 Td ( ) Tj ET Q q 0 0 0 rg BT 132.26 709.60 Td (and ) Tj ET Q q 0 0 0 rg BT 149.20 709.60 Td (June ) Tj ET Q q 0 0 0 rg BT 170.03 709.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 185.03 709.60 Td (2018:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 693.1 m 74.5 678.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 693.1 m 336.5 693.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 693.1 m 436.5 693.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 693.1 m 536.5 678.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 693.1 m 536.5 693.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 678.1 m 74.5 665.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 665.1 m 436.5 665.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 678.1 m 536.5 665.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.1 m 536.5 665.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 665.1 m 74.5 650.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 665.1 m 536.5 650.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 650.1 m 74.5 635.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 650.1 m 536.5 635.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 635.1 m 74.5 620.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 635.1 m 536.5 620.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 620.1 m 74.5 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 620.1 m 536.5 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 605.1 m 74.5 590.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 605.1 m 536.5 590.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 590.1 m 74.5 575.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 575.1 m 336.5 575.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 575.1 m 436.5 575.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 590.1 m 536.5 575.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 575.1 m 536.5 575.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 575.1 m 74.5 560.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 575.1 m 536.5 560.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 560.1 m 74.5 555.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 560.1 m 536.5 555.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 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536.5 465.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 465.1 m 536.5 465.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 465.1 m 74.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 465.1 m 536.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 450.1 m 74.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 450.1 m 536.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 444.1 m 74.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 429.1 m 336.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 429.1 m 436.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 444.1 m 536.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 429.1 m 536.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 429.1 m 74.5 420.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 429.1 m 536.5 420.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 420.1 m 74.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 420.1 m 536.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 405.1 m 74.5 390.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 405.1 m 536.5 390.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 390.1 m 74.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 74.5 375.1 m 336.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 375.1 m 436.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 390.1 m 536.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 375.1 m 536.5 375.1 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 682.77 Td (\(shown in thousands, except ratio data\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.70 682.77 Td (September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 682.77 Td (June 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 668.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.00 668.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 654.77 Td (Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 654.77 Td (46,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 654.77 Td (46,550) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 639.77 Td (Amounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 639.77 Td (265,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 639.77 Td (270,327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 624.77 Td (Investment in film and television programs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 624.77 Td (186,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 624.77 Td (186,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 609.77 Td (Acquired and library content) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 609.77 Td (141,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 609.77 Td (147,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 594.77 Td (Intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 594.77 Td (535,458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 594.77 Td (546,997) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 579.77 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 579.77 Td (276,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 579.77 Td (279,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 564.77 Td (T) Tj ET Q q 0 0 0 rg BT 82.76 564.77 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.65 564.77 Td (1,452,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 564.77 Td (1,476,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 544.77 Td (Bank indebtedness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.15 544.77 Td (9,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 544.77 Td (16,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 529.77 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 529.77 Td (130,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 529.77 Td (130,545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 514.77 Td (Interim production financing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 514.77 Td (99,517) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 514.77 Td (93,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 499.77 Td (Long-term debt and obligations under finance leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 499.77 Td (539,71) Tj ET Q q 0 0 0 rg BT 427.65 499.77 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 499.77 Td (756,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 484.77 Td (Deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 484.77 Td (42,598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 484.77 Td (47,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 469.77 Td (Other liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 469.77 Td (33,926) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 469.77 Td (31,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 454.77 Td (T) Tj ET Q q 0 0 0 rg BT 82.76 454.77 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 454.77 Td (856,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 454.77 Td (1,076,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 433.77 Td (Shareholders) Tj ET Q q 0 0 0 rg BT 131.79 433.77 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 433.77 Td (596,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 433.77 Td (400,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 409.77 Td (W) Tj ET Q q 0 0 0 rg BT 85.64 409.77 Td (orking capital) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 140.90 414.30 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 409.77 Td (202,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 409.77 Td (194,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 394.77 Td (W) Tj ET Q q 0 0 0 rg BT 85.64 394.77 Td (orking capital ratio) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 161.72 399.30 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 394.77 Td (1.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.15 394.77 Td (1.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 379.77 Td (Net debt) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.16 384.30 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 379.77 Td (502,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 379.77 Td (726,370) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 72.00 369.63 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.60 366.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.51 366.00 Td (orking capital is calculated as current assets less current liabilities.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 72.00 360.02 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.60 356.40 Td (W) Tj ET Q q 0 0 0 rg BT 81.51 356.40 Td (orking ) Tj ET Q q 0 0 0 rg BT 104.40 356.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 127.72 356.40 Td (ratio ) Tj ET Q q 0 0 0 rg BT 144.38 356.40 Td (is ) Tj ET Q q 0 0 0 rg BT 151.71 356.40 Td (current ) Tj ET Q q 0 0 0 rg BT 176.37 356.40 Td (assets ) Tj ET Q q 0 0 0 rg BT 197.03 356.40 Td (divided ) Tj ET Q q 0 0 0 rg BT 223.03 356.40 Td (by ) Tj ET Q q 0 0 0 rg BT 233.03 356.40 Td (current ) Tj ET Q q 0 0 0 rg BT 257.68 356.40 Td (liabilities.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 72.00 350.43 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.60 346.80 Td (Net ) Tj ET Q q 0 0 0 rg BT 88.21 346.80 Td (debt ) Tj ET Q q 0 0 0 rg BT 104.03 346.80 Td (includes ) Tj ET Q q 0 0 0 rg BT 132.75 346.80 Td (long-term ) Tj ET Q q 0 0 0 rg BT 166.35 346.80 Td (debt ) Tj ET Q q 0 0 0 rg BT 182.18 346.80 Td (and ) Tj ET Q q 0 0 0 rg BT 195.78 346.80 Td (obligations ) Tj ET Q q 0 0 0 rg BT 233.39 346.80 Td (under ) Tj ET Q q 0 0 0 rg BT 253.66 346.80 Td (finance ) Tj ET Q q 0 0 0 rg BT 279.26 346.80 Td (leases ) Tj ET Q q 0 0 0 rg BT 300.41 346.80 Td (plus ) Tj ET Q q 0 0 0 rg BT 315.80 346.80 Td (bank ) Tj ET Q q 0 0 0 rg BT 333.41 346.80 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 376.79 346.80 Td (less ) Tj ET Q q 0 0 0 rg BT 390.84 346.80 Td (cash, ) Tj ET Q q 0 0 0 rg BT 409.11 346.80 Td (and ) Tj ET Q q 0 0 0 rg BT 422.72 346.80 Td (excludes ) Tj ET Q q 0 0 0 rg BT 452.76 346.80 Td (interim ) Tj ET Q q 0 0 0 rg BT 477.92 346.80 Td (production ) Tj ET Q q 0 0 0 rg BT 514.63 346.80 Td (financing. ) Tj ET Q q 0 0 0 rg BT 548.90 346.80 Td ( ) Tj ET Q q 0 0 0 rg BT 550.96 346.80 Td (See ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.00 337.20 Td (note ) Tj ET Q q 0 0 0 rg BT 87.77 337.20 Td (12 ) Tj ET Q q 0 0 0 rg BT 97.77 337.20 Td (in ) Tj ET Q q 0 0 0 rg BT 106.00 337.20 Td (the ) Tj ET Q q 0 0 0 rg BT 117.77 337.20 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 138.88 337.20 Td (2018 ) Tj ET Q q 0 0 0 rg BT 156.88 337.20 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 199.31 337.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 229.30 337.20 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 315.60 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 315.60 Td (otal ) Tj ET Q q 0 0 0 rg BT 92.67 315.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 117.77 315.60 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.96 315.60 Td ($1,452.2 ) Tj ET Q q 0 0 0 rg BT 175.72 315.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.62 315.60 Td ( ) Tj ET Q q 0 0 0 rg BT 206.38 315.60 Td (as ) Tj ET Q q 0 0 0 rg BT 216.48 315.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.46 315.60 Td (September ) Tj ET Q q 0 0 0 rg BT 269.99 315.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 284.25 315.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 315.60 Td (, ) Tj ET Q q 0 0 0 rg BT 308.52 315.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.72 315.60 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.14 315.60 Td ( ) Tj ET Q q 0 0 0 rg BT 350.90 315.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 315.60 Td ($24.6 ) Tj ET Q q 0 0 0 rg BT 385.26 315.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 315.60 Td (, ) Tj ET Q q 0 0 0 rg BT 418.42 315.60 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.51 315.60 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.84 315.60 Td (, ) Tj ET Q q 0 0 0 rg BT 446.11 315.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 487.30 315.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.84 315.60 Td ($1,476.8 ) Tj ET Q q 0 0 0 rg BT 533.61 315.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.50 315.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.60 Td (as ) Tj ET Q q 0 0 0 rg BT 60.13 303.60 Td (at ) Tj ET Q q 0 0 0 rg BT 69.64 303.60 Td (June ) Tj ET Q q 0 0 0 rg BT 90.27 303.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 105.07 303.60 Td (2018. ) Tj ET Q q 0 0 0 rg BT 129.70 303.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.55 303.60 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.96 303.60 Td ( ) Tj ET Q q 0 0 0 rg BT 184.26 303.60 Td (in ) Tj ET Q q 0 0 0 rg BT 194.34 303.60 Td (total ) Tj ET Q q 0 0 0 rg BT 214.41 303.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 240.04 303.60 Td (was ) Tj ET Q q 0 0 0 rg BT 257.89 303.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 297.40 303.60 Td (due ) Tj ET Q q 0 0 0 rg BT 314.14 303.60 Td (to ) Tj ET Q q 0 0 0 rg BT 324.22 303.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 349.28 303.60 Td (acquired ) Tj ET Q q 0 0 0 rg BT 386.01 303.60 Td (and ) Tj ET Q q 0 0 0 rg BT 402.74 303.60 Td (library ) Tj ET Q q 0 0 0 rg BT 431.70 303.60 Td (content ) Tj ET Q q 0 0 0 rg BT 463.43 303.60 Td (and ) Tj ET Q q 0 0 0 rg BT 480.17 303.60 Td (intangible ) Tj ET Q q 0 0 0 rg BT 522.46 303.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 548.09 303.60 Td (due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.60 Td (to ) Tj ET Q q 0 0 0 rg BT 61.57 291.60 Td (a ) Tj ET Q q 0 0 0 rg BT 70.29 291.60 Td (downward ) Tj ET Q q 0 0 0 rg BT 116.79 291.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 149.96 291.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 192.00 291.60 Td (revaluation ) Tj ET Q q 0 0 0 rg BT 241.27 291.60 Td (on ) Tj ET Q q 0 0 0 rg BT 255.55 291.60 Td (US-denominated ) Tj ET Q q 0 0 0 rg BT 327.60 291.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 355.22 291.60 Td (due ) Tj ET Q q 0 0 0 rg BT 373.95 291.60 Td (to ) Tj ET Q q 0 0 0 rg BT 386.01 291.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 422.51 291.60 Td (in ) Tj ET Q q 0 0 0 rg BT 434.57 291.60 Td (the ) Tj ET Q q 0 0 0 rg BT 451.08 291.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 484.24 291.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 526.29 291.60 Td (rate, ) Tj ET Q q 0 0 0 rg BT 548.06 291.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.60 Td (amortization ) Tj ET Q q 0 0 0 rg BT 102.54 279.60 Td (taken ) Tj ET Q q 0 0 0 rg BT 126.69 279.60 Td (in ) Tj ET Q q 0 0 0 rg BT 136.97 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 151.69 279.60 Td (quarter) Tj ET Q q 0 0 0 rg BT 179.45 279.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 261.60 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 261.60 Td (otal ) Tj ET Q q 0 0 0 rg BT 93.42 261.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 133.16 261.60 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.10 261.60 Td ($856.1 ) Tj ET Q q 0 0 0 rg BT 185.12 261.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.01 261.60 Td ( ) Tj ET Q q 0 0 0 rg BT 216.53 261.60 Td (as ) Tj ET Q q 0 0 0 rg BT 227.38 261.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.11 261.60 Td (September ) Tj ET Q q 0 0 0 rg BT 282.39 261.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 297.41 261.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.41 261.60 Td (, ) Tj ET Q q 0 0 0 rg BT 322.42 261.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.38 261.60 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.79 261.60 Td ( ) Tj ET Q q 0 0 0 rg BT 366.31 261.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.16 261.60 Td ($219.9 ) Tj ET Q q 0 0 0 rg BT 407.17 261.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.07 261.60 Td (, ) Tj ET Q q 0 0 0 rg BT 441.08 261.60 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.93 261.60 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.26 261.60 Td (, ) Tj ET Q q 0 0 0 rg BT 475.28 261.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 517.22 261.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.51 261.60 Td ($1,076.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 249.60 Td ( ) Tj ET Q q 0 0 0 rg BT 80.81 249.60 Td (as ) Tj ET Q q 0 0 0 rg BT 91.56 249.60 Td (at ) Tj ET Q q 0 0 0 rg BT 101.19 249.60 Td (June ) Tj ET Q q 0 0 0 rg BT 121.94 249.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 136.85 249.60 Td (2018. ) Tj ET Q q 0 0 0 rg BT 161.60 249.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.56 249.60 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.97 249.60 Td ( ) Tj ET Q q 0 0 0 rg BT 216.39 249.60 Td (in ) Tj ET Q q 0 0 0 rg BT 226.59 249.60 Td (total ) Tj ET Q q 0 0 0 rg BT 246.78 249.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 286.41 249.60 Td (was ) Tj ET Q q 0 0 0 rg BT 304.38 249.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 344.01 249.60 Td (due ) Tj ET Q q 0 0 0 rg BT 360.86 249.60 Td (to ) Tj ET Q q 0 0 0 rg BT 371.06 249.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.91 249.60 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.33 249.60 Td ( ) Tj ET Q q 0 0 0 rg BT 414.75 249.60 Td (in ) Tj ET Q q 0 0 0 rg BT 424.94 249.60 Td (the ) Tj ET Q q 0 0 0 rg BT 439.57 249.60 Td (Company's ) Tj ET Q q 0 0 0 rg BT 486.57 249.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 528.42 249.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 548.06 249.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 96.55 237.60 Td (under ) Tj ET Q q 0 0 0 rg BT 121.92 237.60 Td (finance ) Tj ET Q q 0 0 0 rg BT 153.96 237.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 180.44 237.60 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.04 237.60 Td ($216.9 ) Tj ET Q q 0 0 0 rg BT 223.15 237.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.04 237.60 Td ( ) Tj ET Q q 0 0 0 rg BT 254.65 237.60 Td (resulting ) Tj ET Q q 0 0 0 rg BT 292.25 237.60 Td (from ) Tj ET Q q 0 0 0 rg BT 314.30 237.60 Td (the ) Tj ET Q q 0 0 0 rg BT 329.12 237.60 Td (repayment ) Tj ET Q q 0 0 0 rg BT 373.93 237.60 Td (of ) Tj ET Q q 0 0 0 rg BT 384.86 237.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 426.90 237.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 446.73 237.60 Td (using ) Tj ET Q q 0 0 0 rg BT 471.00 237.60 Td (the ) Tj ET Q q 0 0 0 rg BT 485.83 237.60 Td (net ) Tj ET Q q 0 0 0 rg BT 500.65 237.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 538.79 237.60 Td (of ) Tj ET Q q 0 0 0 rg BT 549.73 237.60 Td (US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.60 Td ($161.3 ) Tj ET Q q 0 0 0 rg BT 79.50 225.60 Td (million ) Tj ET Q q 0 0 0 rg BT 110.89 225.60 Td (\($209.3 ) Tj ET Q q 0 0 0 rg BT 144.22 225.60 Td (million\) ) Tj ET Q q 0 0 0 rg BT 178.94 225.60 Td (from ) Tj ET Q q 0 0 0 rg BT 200.88 225.60 Td (the ) Tj ET Q q 0 0 0 rg BT 215.60 225.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 233.65 225.60 Td (of ) Tj ET Q q 0 0 0 rg BT 244.48 225.60 Td (a ) Tj ET Q q 0 0 0 rg BT 251.41 225.60 Td (minority ) Tj ET Q q 0 0 0 rg BT 288.36 225.60 Td (equity ) Tj ET Q q 0 0 0 rg BT 315.85 225.60 Td (stake ) Tj ET Q q 0 0 0 rg BT 338.90 225.60 Td (in ) Tj ET Q q 0 0 0 rg BT 349.18 225.60 Td (Peanuts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 207.60 Td (Shareholders) Tj ET Q q 0 0 0 rg BT 126.79 207.60 Td ( equity increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.04 207.60 Td ($195.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.94 207.60 Td ( during the current quarter primarily due to the addition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.14 207.60 Td ($174.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.03 207.60 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.60 Td (non-controlling interest and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.08 195.60 Td ($34.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.98 195.60 Td ( to retained earnings related to the Peanuts sale.) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 741.60 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 96.27 741.60 Td (and ) Tj ET Q q 0 0 0 rg BT 116.76 741.60 Td (Capital ) Tj ET Q q 0 0 0 rg BT 154.34 741.60 Td (Resour) Tj ET Q q 0 0 0 rg BT 187.75 741.60 Td (ces) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.20 Td (Summary ) Tj ET Q q 0 0 0 rg BT 90.89 718.20 Td (of ) Tj ET Q q 0 0 0 rg BT 101.72 718.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 121.99 718.20 Td (flow ) Tj ET Q q 0 0 0 rg BT 142.82 718.20 Td (components:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 701.7 m 124.25 682.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 701.7 m 135.25 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 135.25 701.7 m 314.25 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 701.7 m 399.25 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 701.7 m 482.25 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 701.7 m 486.25 682.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.25 701.7 m 486.25 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 682.7 m 124.25 667.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 682.7 m 486.25 667.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 667.7 m 124.25 652.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 652.7 m 399.25 652.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 652.7 m 482.25 652.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 667.7 m 486.25 652.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 652.7 m 124.25 637.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 652.7 m 486.25 637.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 637.7 m 124.25 622.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 637.7 m 486.25 622.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 622.7 m 124.25 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 622.7 m 486.25 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 607.7 m 124.25 592.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 607.7 m 486.25 592.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 592.7 m 124.25 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 592.7 m 486.25 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 577.7 m 124.25 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 577.7 m 399.25 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 563.7 m 399.25 563.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 561.7 m 399.25 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 577.7 m 482.25 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 563.7 m 482.25 563.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 561.7 m 482.25 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 577.7 m 486.25 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 562.7 m 124.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 124.25 547.7 m 135.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 135.25 547.7 m 314.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.25 547.7 m 399.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.25 547.7 m 482.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 562.7 m 486.25 547.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.25 547.7 m 486.25 547.7 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.85 686.93 Td (Thr) Tj ET Q q 0 0 0 rg BT 333.04 686.93 Td (ee Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.85 686.93 Td (Thr) Tj ET Q q 0 0 0 rg BT 417.04 686.93 Td (ee Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.85 671.93 Td (September) Tj ET Q q 0 0 0 rg BT 359.66 671.93 Td ( 30, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.85 671.93 Td (September) Tj ET Q q 0 0 0 rg BT 443.58 671.93 Td ( 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.75 657.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.75 657.37 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 137.75 641.93 Td (Cash Inflows \(Outflows\) by ) Tj ET Q q 0 0 0 rg BT 232.88 641.93 Td (Activity:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.75 626.95 Td (Operating activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 200.75 626.65 Td (.......................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.50 627.16 Td (\(9,849) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.75 627.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.00 627.16 Td (\(1) Tj ET Q q 0 0 0 rg BT 458.50 627.16 Td (1,312) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.75 627.16 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.75 611.95 Td (Financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 200.75 611.65 Td (.......................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.50 612.16 Td (\(215,006) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.75 612.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.00 612.16 Td (10,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.75 596.95 Td (Investing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.75 596.65 Td (........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.50 597.16 Td (224,91) Tj ET Q q 0 0 0 rg BT 391.25 597.16 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 597.16 Td (\(8,285) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.75 597.16 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.75 581.95 Td (Ef) Tj ET Q q 0 0 0 rg BT 145.16 581.95 Td (fect of foreign exchange rate changes on cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 292.75 581.65 Td (.........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.25 582.16 Td (\(320) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.75 582.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 582.16 Td (\(1,030) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.75 582.16 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.75 566.95 Td (Net cash inflows \(outflows\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 228.75 566.65 Td (.........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.25 567.16 Td (\(264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.75 567.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.00 567.16 Td (\(10,127) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.75 567.16 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 530.20 Td (Changes in Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 512.20 Td (Cash ) Tj ET Q q 0 0 0 rg BT 90.00 512.20 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.72 512.20 Td (September ) Tj ET Q q 0 0 0 rg BT 144.98 512.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 159.98 512.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.98 512.20 Td ( ) Tj ET Q q 0 0 0 rg BT 182.48 512.20 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.53 512.20 Td ($46.3 ) Tj ET Q q 0 0 0 rg BT 225.53 512.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.42 512.20 Td ( ) Tj ET Q q 0 0 0 rg BT 256.92 512.20 Td (as ) Tj ET Q q 0 0 0 rg BT 267.75 512.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 309.68 512.20 Td (to ) Tj ET Q q 0 0 0 rg BT 319.96 512.20 Td ($46.5 ) Tj ET Q q 0 0 0 rg BT 344.96 512.20 Td (million ) Tj ET Q q 0 0 0 rg BT 376.35 512.20 Td (at ) Tj ET Q q 0 0 0 rg BT 386.06 512.20 Td (June30, ) Tj ET Q q 0 0 0 rg BT 421.89 512.20 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 492.8669921875 m 130.3154296875 492.8669921875 l s q 0 0 0 rg BT 49.50 494.20 Td (Operating ) Tj ET Q q 0 0 0 rg BT 91.43 494.20 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 476.20 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.57 476.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 93.53 476.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.53 476.20 Td (, ) Tj ET Q q 0 0 0 rg BT 118.77 476.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 139.27 476.20 Td (used ) Tj ET Q q 0 0 0 rg BT 160.34 476.20 Td (by ) Tj ET Q q 0 0 0 rg BT 173.08 476.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 213.58 476.20 Td (activities ) 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Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.20 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.91 464.20 Td ( ) Tj ET Q q 0 0 0 rg BT 86.47 464.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.35 464.20 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 117.41 464.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.30 464.20 Td (. ) Tj ET Q q 0 0 0 rg BT 151.35 464.20 Td (During ) Tj ET Q q 0 0 0 rg BT 182.23 464.20 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.00 464.20 Td (three ) Tj ET Q q 0 0 0 rg BT 219.54 464.20 Td (months ) Tj ET Q q 0 0 0 rg BT 251.55 464.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 277.98 464.20 Td (September ) Tj ET Q q 0 0 0 rg BT 323.29 464.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 338.35 464.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.35 464.20 Td (, ) Tj ET Q q 0 0 0 rg BT 363.40 464.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 383.72 464.20 Td (from ) Tj ET Q q 0 0 0 rg BT 405.72 464.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 446.03 464.20 Td (activities ) Tj ET Q q 0 0 0 rg BT 484.69 464.20 Td (included ) Tj ET Q q 0 0 0 rg BT 521.67 464.20 Td (a ) Tj ET Q q 0 0 0 rg BT 528.67 464.20 Td (working ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.20 Td (capital ) Tj ET Q q 0 0 0 rg BT 78.65 452.20 Td (outflow ) Tj ET Q q 0 0 0 rg BT 112.26 452.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.09 452.20 Td ($16.8 ) Tj ET Q q 0 0 0 rg BT 148.09 452.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.98 452.20 Td (, ) Tj ET Q q 0 0 0 rg BT 181.98 452.20 Td (lar) Tj ET Q q 0 0 0 rg BT 192.35 452.20 Td (gely ) Tj ET Q q 0 0 0 rg BT 212.06 452.20 Td (due ) Tj ET Q q 0 0 0 rg BT 229.00 452.20 Td (to ) Tj ET Q q 0 0 0 rg BT 239.28 452.20 Td (timing ) Tj ET Q q 0 0 0 rg BT 267.89 452.20 Td (of ) Tj ET Q q 0 0 0 rg BT 278.72 452.20 Td (payments ) Tj ET Q q 0 0 0 rg BT 319.55 452.20 Td (and ) Tj ET Q q 0 0 0 rg BT 336.49 452.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 356.76 452.20 Td (receipts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 434.20 Td (The ) Tj ET Q q 0 0 0 rg BT 85.02 434.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 104.76 434.20 Td (flow ) Tj ET Q q 0 0 0 rg BT 125.07 434.20 Td (from ) Tj ET Q q 0 0 0 rg BT 146.48 434.20 Td (operations ) Tj ET Q q 0 0 0 rg BT 190.11 434.20 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.74 434.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 217.94 434.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.94 434.20 Td ( ) Tj ET Q q 0 0 0 rg BT 239.91 434.20 Td (also ) Tj ET Q q 0 0 0 rg BT 258.00 434.20 Td (reflected ) Tj ET Q q 0 0 0 rg BT 294.94 434.20 Td (the ) Tj ET Q q 0 0 0 rg BT 309.13 434.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 349.99 434.20 Td (continuing ) Tj ET Q q 0 0 0 rg BT 394.74 434.20 Td (to ) Tj ET Q q 0 0 0 rg BT 404.49 434.20 Td (invest ) Tj ET Q q 0 0 0 rg BT 430.35 434.20 Td (in ) Tj ET Q q 0 0 0 rg BT 440.11 434.20 Td (new ) Tj ET Q q 0 0 0 rg BT 458.74 434.20 Td (productions. ) Tj ET Q q 0 0 0 rg BT 510.43 434.20 Td ( ) Tj ET Q q 0 0 0 rg BT 512.41 434.20 Td (Specifically) Tj ET Q q 0 0 0 rg BT 559.52 434.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.20 Td (the ) Tj ET Q q 0 0 0 rg BT 64.88 422.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 106.92 422.20 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.52 422.20 Td ($23.5 ) Tj ET Q q 0 0 0 rg BT 150.17 422.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.07 422.20 Td ( ) Tj ET Q q 0 0 0 rg BT 182.22 422.20 Td (in ) Tj ET Q q 0 0 0 rg BT 193.16 422.20 Td (productions ) Tj ET Q q 0 0 0 rg BT 243.54 422.20 Td (in ) Tj ET Q q 0 0 0 rg BT 254.47 422.20 Td (progress ) Tj ET Q q 0 0 0 rg BT 291.51 422.20 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.89 422.20 Td (September ) Tj ET Q q 0 0 0 rg BT 347.81 422.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 363.47 422.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.47 422.20 Td ( ) Tj ET Q q 0 0 0 rg BT 386.63 422.20 Td (\(refer ) Tj ET Q q 0 0 0 rg BT 411.98 422.20 Td (to ) Tj ET Q q 0 0 0 rg BT 422.92 422.20 Td (note ) Tj ET Q q 0 0 0 rg BT 443.29 422.20 Td (7 ) Tj ET Q q 0 0 0 rg BT 451.45 422.20 Td (of ) Tj ET Q q 0 0 0 rg BT 462.94 422.20 Td (the ) Tj ET Q q 0 0 0 rg BT 478.31 422.20 Td (Company) Tj ET Q q 0 0 0 rg BT 519.98 422.20 Td (s ) Tj ET Q q 0 0 0 rg BT 527.03 422.20 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.20 Td (statements ) Tj ET Q q 0 0 0 rg BT 93.78 410.20 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.50 410.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 121.79 410.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.79 410.20 Td (\), ) Tj ET Q q 0 0 0 rg BT 149.69 410.20 Td (which ) Tj ET Q q 0 0 0 rg BT 176.19 410.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 211.58 410.20 Td (projects ) Tj ET Q q 0 0 0 rg BT 245.30 410.20 Td (such ) Tj ET Q q 0 0 0 rg BT 265.70 410.20 Td (as ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 276.09 410.20 Td (The ) Tj ET Q q 0 0 0 rg BT 293.16 410.20 Td (Deep) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.26 410.20 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 318.82 410.20 Td (Mega ) Tj ET Q q 0 0 0 rg BT 343.66 410.20 Td (Man: ) Tj ET Q q 0 0 0 rg BT 367.38 410.20 Td (Fully ) Tj ET Q q 0 0 0 rg BT 390.55 410.20 Td (Char) Tj ET Q q 0 0 0 rg BT 410.74 410.20 Td (ged) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.18 410.20 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 429.74 410.20 Td (Chip ) Tj ET Q q 0 0 0 rg BT 451.26 410.20 Td (and ) Tj ET Q q 0 0 0 rg BT 468.32 410.20 Td (Potato) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.99 410.20 Td (, ) Tj ET Q q 0 0 0 rg BT 499.55 410.20 Td (and ) Tj ET Q q 0 0 0 rg BT 516.06 410.20 Td (the ) Tj ET Q q 0 0 0 rg BT 530.34 410.20 Td (projects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.20 Td (completed ) Tj ET Q q 0 0 0 rg BT 93.20 398.20 Td (related ) Tj ET Q q 0 0 0 rg BT 122.45 398.20 Td (to ) Tj ET Q q 0 0 0 rg BT 132.28 398.20 Td (the ) Tj ET Q q 0 0 0 rg BT 146.55 398.20 Td (Company) Tj ET Q q 0 0 0 rg BT 188.22 398.20 Td (s ) Tj ET Q q 0 0 0 rg BT 194.16 398.20 Td (strategic ) Tj ET Q q 0 0 0 rg BT 230.08 398.20 Td (pact ) Tj ET Q q 0 0 0 rg BT 248.79 398.20 Td (with ) Tj ET Q q 0 0 0 rg BT 268.62 398.20 Td (Mattel, ) Tj ET Q q 0 0 0 rg BT 299.27 398.20 Td (including ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 339.09 398.20 Td (Polly ) Tj ET Q q 0 0 0 rg BT 362.25 398.20 Td (Pocket,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.95 398.20 Td ( ) Tj ET Q q 0 0 0 rg BT 394.00 398.20 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 410.49 398.20 Td (Little ) Tj ET Q q 0 0 0 rg BT 433.66 398.20 Td (People) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.42 398.20 Td (. ) Tj ET Q q 0 0 0 rg BT 465.97 398.20 Td (Productions ) Tj ET Q q 0 0 0 rg BT 515.80 398.20 Td (in ) Tj ET Q q 0 0 0 rg BT 525.63 398.20 Td (progress, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.20 Td (are ) Tj ET Q q 0 0 0 rg BT 64.21 386.20 Td (film ) Tj ET Q q 0 0 0 rg BT 83.37 386.20 Td (assets ) Tj ET Q q 0 0 0 rg BT 109.20 386.20 Td (that ) Tj ET Q q 0 0 0 rg BT 126.70 386.20 Td (have ) Tj ET Q q 0 0 0 rg BT 148.07 386.20 Td (not ) Tj ET Q q 0 0 0 rg BT 163.35 386.20 Td (delivered ) Tj ET Q q 0 0 0 rg BT 203.05 386.20 Td (yet. ) Tj ET Q q 0 0 0 rg BT 220.09 386.20 Td (The ) Tj ET Q q 0 0 0 rg BT 238.14 386.20 Td (majority ) Tj ET Q q 0 0 0 rg BT 274.52 386.20 Td (of ) Tj ET Q q 0 0 0 rg BT 285.35 386.20 Td (these ) Tj ET Q q 0 0 0 rg BT 308.40 386.20 Td (productions ) Tj ET Q q 0 0 0 rg BT 358.11 386.20 Td (are ) Tj ET Q q 0 0 0 rg BT 372.82 386.20 Td (expected ) Tj ET Q q 0 0 0 rg BT 410.85 386.20 Td (to ) Tj ET Q q 0 0 0 rg BT 421.13 386.20 Td (be ) Tj ET Q q 0 0 0 rg BT 433.07 386.20 Td (delivered ) Tj ET Q q 0 0 0 rg BT 472.77 386.20 Td (in ) Tj ET Q q 0 0 0 rg BT 483.05 386.20 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 509.44 386.20 Td (2019.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 366.8669921875 m 130.3251953125 366.8669921875 l s q 0 0 0 rg BT 49.50 368.20 Td (Financing ) Tj ET Q q 0 0 0 rg BT 91.44 368.20 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 350.20 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.80 350.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 98.42 350.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.42 350.20 Td (, ) Tj ET Q q 0 0 0 rg BT 123.33 350.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 143.50 350.20 Td (flows ) Tj ET Q q 0 0 0 rg BT 168.13 350.20 Td (used ) Tj ET Q q 0 0 0 rg BT 188.86 350.20 Td (by ) Tj ET Q q 0 0 0 rg BT 201.27 350.20 Td (financing ) Tj ET Q q 0 0 0 rg BT 241.44 350.20 Td (activities ) Tj ET Q q 0 0 0 rg BT 279.94 350.20 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.77 350.20 Td ($215.0 ) Tj ET Q q 0 0 0 rg BT 331.68 350.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.57 350.20 Td (, ) Tj ET Q q 0 0 0 rg BT 365.47 350.20 Td (composed ) Tj ET Q q 0 0 0 rg BT 408.43 350.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.16 350.20 Td ($213.9 ) Tj ET Q q 0 0 0 rg BT 449.06 350.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.96 350.20 Td ( ) Tj ET Q q 0 0 0 rg BT 480.36 350.20 Td (in ) Tj ET Q q 0 0 0 rg BT 490.54 350.20 Td (net ) Tj ET Q q 0 0 0 rg BT 505.17 350.20 Td (repayments ) Tj ET Q q 0 0 0 rg BT 553.66 350.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.20 Td (long-term ) Tj ET Q q 0 0 0 rg BT 91.60 338.20 Td (debt ) Tj ET Q q 0 0 0 rg BT 111.49 338.20 Td (and ) Tj ET Q q 0 0 0 rg BT 128.60 338.20 Td (obligations ) Tj ET Q q 0 0 0 rg BT 175.71 338.20 Td (under ) Tj ET Q q 0 0 0 rg BT 201.15 338.20 Td (finance ) Tj ET Q q 0 0 0 rg BT 233.24 338.20 Td (leases, ) Tj ET Q q 0 0 0 rg BT 262.29 338.20 Td (and ) Tj ET Q q 0 0 0 rg BT 279.40 338.20 Td (a ) Tj ET Q q 0 0 0 rg BT 286.51 338.20 Td (decrease ) Tj ET Q q 0 0 0 rg BT 323.59 338.20 Td (in ) Tj ET Q q 0 0 0 rg BT 334.04 338.20 Td (Bank ) Tj ET Q q 0 0 0 rg BT 357.82 338.20 Td (Indebtedness ) Tj ET Q q 0 0 0 rg BT 412.70 338.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.70 338.20 Td ($6.9 ) Tj ET Q q 0 0 0 rg BT 443.87 338.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.76 338.20 Td (, ) Tj ET Q q 0 0 0 rg BT 477.93 338.20 Td (of) Tj ET Q q 0 0 0 rg BT 486.08 338.20 Td (fset ) Tj ET Q q 0 0 0 rg BT 503.18 338.20 Td (in ) Tj ET Q q 0 0 0 rg BT 513.63 338.20 Td (part ) Tj ET Q q 0 0 0 rg BT 531.85 338.20 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.52 338.20 Td ($5.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 326.20 Td ( ) Tj ET Q q 0 0 0 rg BT 80.89 326.20 Td (in ) Tj ET Q q 0 0 0 rg BT 91.17 326.20 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.89 326.20 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 143.92 326.20 Td (from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.36 326.20 Td ( ) Tj ET Q q 0 0 0 rg BT 165.86 326.20 Td (interim ) Tj ET Q q 0 0 0 rg BT 197.24 326.20 Td (production ) Tj ET Q q 0 0 0 rg BT 243.07 326.20 Td (financing. ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 306.8669921875 m 127.546875 306.8669921875 l s q 0 0 0 rg BT 49.50 308.20 Td (Investing ) Tj ET Q q 0 0 0 rg BT 88.67 308.20 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 290.20 Td ( ) Tj ET Q q 0 0 0 rg BT 69.61 290.20 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.61 290.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 99.93 290.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.93 290.20 Td (, ) Tj ET Q q 0 0 0 rg BT 124.54 290.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 144.42 290.20 Td (flows ) Tj ET Q q 0 0 0 rg BT 168.75 290.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.18 290.20 Td ($224.9 ) Tj ET Q q 0 0 0 rg BT 208.79 290.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.68 290.20 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.79 290.20 Td (provided ) Tj ET Q q 0 0 0 rg BT 277.44 290.20 Td (by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.44 290.20 Td ( ) Tj ET Q q 0 0 0 rg BT 289.55 290.20 Td (investing ) Tj ET Q q 0 0 0 rg BT 328.32 290.20 Td (activities ) Tj ET Q q 0 0 0 rg BT 366.53 290.20 Td (were ) Tj ET Q q 0 0 0 rg BT 388.06 290.20 Td (lar) Tj ET Q q 0 0 0 rg BT 398.43 290.20 Td (gely ) Tj ET Q q 0 0 0 rg BT 417.75 290.20 Td (generated ) Tj ET Q q 0 0 0 rg BT 458.72 290.20 Td (by ) Tj ET Q q 0 0 0 rg BT 470.83 290.20 Td (the ) Tj ET Q q 0 0 0 rg BT 485.15 290.20 Td (sale ) Tj ET Q q 0 0 0 rg BT 502.81 290.20 Td (of ) Tj ET Q q 0 0 0 rg BT 513.24 290.20 Td (the ) Tj ET Q q 0 0 0 rg BT 527.57 290.20 Td (minority ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.20 Td (equity ) Tj ET Q q 0 0 0 rg BT 77.00 278.20 Td (stake ) Tj ET Q q 0 0 0 rg BT 100.04 278.20 Td (in ) Tj ET Q q 0 0 0 rg BT 110.32 278.20 Td (Peanuts. ) Tj ET Q q 0 0 0 rg BT 146.43 278.20 Td (Net ) Tj ET Q q 0 0 0 rg BT 163.37 278.20 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 201.40 278.20 Td (on ) Tj ET Q q 0 0 0 rg BT 213.90 278.20 Td (the ) Tj ET Q q 0 0 0 rg BT 228.62 278.20 Td (sale ) Tj ET Q q 0 0 0 rg BT 246.67 278.20 Td (were ) Tj ET Q q 0 0 0 rg BT 268.60 278.20 Td (used ) Tj ET Q q 0 0 0 rg BT 289.43 278.20 Td (to ) Tj ET Q q 0 0 0 rg BT 299.71 278.20 Td (repay ) Tj ET Q q 0 0 0 rg BT 324.41 278.20 Td (a ) Tj ET Q q 0 0 0 rg BT 331.35 278.20 Td (portion ) Tj ET Q q 0 0 0 rg BT 362.74 278.20 Td (of ) Tj ET Q q 0 0 0 rg BT 373.57 278.20 Td (the ) Tj ET Q q 0 0 0 rg BT 388.28 278.20 Td (Company's ) Tj ET Q q 0 0 0 rg BT 435.36 278.20 Td (long-term ) Tj ET Q q 0 0 0 rg BT 477.30 278.20 Td (debt.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 260.20 Td (Bank Indebtedness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 242.20 Td (The ) Tj ET Q q 0 0 0 rg BT 86.55 242.20 Td (revolving ) Tj ET Q q 0 0 0 rg BT 128.38 242.20 Td (facility ) Tj ET Q q 0 0 0 rg BT 160.21 242.20 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 167.62 242.20 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 213.90 242.20 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.11 242.20 Td ("\) ) Tj ET Q q 0 0 0 rg BT 257.03 242.20 Td (has ) Tj ET Q q 0 0 0 rg BT 273.87 242.20 Td (a ) Tj ET Q q 0 0 0 rg BT 281.81 242.20 Td (maximum ) Tj ET Q q 0 0 0 rg BT 325.87 242.20 Td (available ) Tj ET Q q 0 0 0 rg BT 365.46 242.20 Td (balance ) Tj ET Q q 0 0 0 rg BT 399.50 242.20 Td (of ) Tj ET Q q 0 0 0 rg BT 411.33 242.20 Td (US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.12 242.20 Td ($30.0 ) Tj ET Q q 0 0 0 rg BT 450.12 242.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.01 242.20 Td ( ) Tj ET Q q 0 0 0 rg BT 482.52 242.20 Td (\($38.8 ) Tj ET Q q 0 0 0 rg BT 511.85 242.20 Td (million\) ) Tj ET Q q 0 0 0 rg BT 547.58 242.20 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.20 Td (matures ) Tj ET Q q 0 0 0 rg BT 83.11 230.20 Td (on ) Tj ET Q q 0 0 0 rg BT 95.07 230.20 Td (June ) Tj ET Q q 0 0 0 rg BT 115.35 230.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 129.81 230.20 Td (2022. ) Tj ET Q q 0 0 0 rg BT 154.26 230.20 Td ( ) Tj ET Q q 0 0 0 rg BT 156.08 230.20 Td (The ) Tj ET Q q 0 0 0 rg BT 173.58 230.20 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 217.20 230.20 Td (Facility ) Tj ET Q q 0 0 0 rg BT 249.71 230.20 Td (may ) Tj ET Q q 0 0 0 rg BT 268.88 230.20 Td (be ) Tj ET Q q 0 0 0 rg BT 280.27 230.20 Td (drawn ) Tj ET Q q 0 0 0 rg BT 307.22 230.20 Td (down ) Tj ET Q q 0 0 0 rg BT 331.40 230.20 Td (by ) Tj ET Q q 0 0 0 rg BT 343.35 230.20 Td (way ) Tj ET Q q 0 0 0 rg BT 361.97 230.20 Td (of ) Tj ET Q q 0 0 0 rg BT 372.25 230.20 Td (either ) Tj ET Q q 0 0 0 rg BT 396.97 230.20 Td ($USD ) Tj ET Q q 0 0 0 rg BT 423.93 230.20 Td (base ) Tj ET Q q 0 0 0 rg BT 443.66 230.20 Td (rate, ) Tj ET Q q 0 0 0 rg BT 463.10 230.20 Td ($CAD ) Tj ET Q q 0 0 0 rg BT 491.17 230.20 Td (prime ) Tj ET Q q 0 0 0 rg BT 516.45 230.20 Td (rate, ) Tj ET Q q 0 0 0 rg BT 535.89 230.20 Td ($CAD ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.20 Td (bankers) Tj ET Q q 0 0 0 rg BT 83.19 218.20 Td ( ) Tj ET Q q 0 0 0 rg BT 86.17 218.20 Td (acceptance, ) Tj ET Q q 0 0 0 rg BT 135.50 218.20 Td (or ) Tj ET Q q 0 0 0 rg BT 146.82 218.20 Td ($USD ) Tj ET Q q 0 0 0 rg BT 174.81 218.20 Td (and ) Tj ET Q q 0 0 0 rg BT 192.23 218.20 Td (GBP) Tj ET Q q 0 0 0 rg BT 216.31 218.20 Td ( ) Tj ET Q q 0 0 0 rg BT 219.30 218.20 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 252.28 218.20 Td (advances ) Tj ET Q q 0 0 0 rg BT 291.91 218.20 Td (\(the ) Tj ET Q q 0 0 0 rg BT 310.45 218.20 Td (Drawdown ) Tj ET Q q 0 0 0 rg BT 362.30 218.20 Td (Rate\) ) Tj ET Q q 0 0 0 rg BT 391.38 218.20 Td (and ) Tj ET Q q 0 0 0 rg BT 408.80 218.20 Td (bears ) Tj ET Q q 0 0 0 rg BT 432.89 218.20 Td (interest ) Tj ET Q q 0 0 0 rg BT 465.31 218.20 Td (at ) Tj ET Q q 0 0 0 rg BT 475.51 218.20 Td (floating ) Tj ET Q q 0 0 0 rg BT 509.60 218.20 Td (rates ) Tj ET Q q 0 0 0 rg BT 531.46 218.20 Td (ranging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.20 Td (from ) Tj ET Q q 0 0 0 rg BT 71.02 206.20 Td (the ) Tj ET Q q 0 0 0 rg BT 85.32 206.20 Td (Drawdown ) Tj ET Q q 0 0 0 rg BT 131.83 206.20 Td (Rate ) Tj ET Q q 0 0 0 rg BT 152.24 206.20 Td (+ ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.96 206.20 Td (2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.79 206.20 Td ( ) Tj ET Q q 0 0 0 rg BT 187.87 206.20 Td (to ) Tj ET Q q 0 0 0 rg BT 197.73 206.20 Td (the ) Tj ET Q q 0 0 0 rg BT 212.03 206.20 Td (Drawdown ) Tj ET Q q 0 0 0 rg BT 258.55 206.20 Td (Rate ) Tj ET Q q 0 0 0 rg BT 278.95 206.20 Td (+ ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.67 206.20 Td (3.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 206.20 Td (. ) Tj ET Q q 0 0 0 rg BT 316.63 206.20 Td (As ) Tj ET Q q 0 0 0 rg BT 329.82 206.20 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.12 206.20 Td (September ) Tj ET Q q 0 0 0 rg BT 383.96 206.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 398.55 206.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.55 206.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.13 206.20 Td ($9.5 ) Tj ET Q q 0 0 0 rg BT 442.71 206.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.60 206.20 Td ( ) Tj ET Q q 0 0 0 rg BT 473.68 206.20 Td (\(June ) Tj ET Q q 0 0 0 rg BT 497.42 206.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 512.01 206.20 Td (2018 ) Tj ET Q q 0 0 0 rg BT 534.09 206.20 Td (- ) Tj ET Q q 0 0 0 rg BT 539.50 206.20 Td ($16.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.20 Td (million\) ) Tj ET Q q 0 0 0 rg BT 84.22 194.20 Td (was ) Tj ET Q q 0 0 0 rg BT 102.27 194.20 Td (drawn ) Tj ET Q q 0 0 0 rg BT 129.76 194.20 Td (on ) Tj ET Q q 0 0 0 rg BT 142.26 194.20 Td (the ) Tj ET Q q 0 0 0 rg BT 156.98 194.20 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 201.15 194.20 Td (Facility) Tj ET Q q 0 0 0 rg BT 231.05 194.20 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 176.20 Td (Long-T) Tj ET Q q 0 0 0 rg BT 80.81 176.20 Td (erm Debt) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 156.86699218750005 m 103.5087890625 156.86699218750005 l s q 0 0 0 rg BT 49.50 158.20 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 158.20 Td (erm ) Tj ET Q q 0 0 0 rg BT 72.96 158.20 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 140.20 Td (As ) Tj ET Q q 0 0 0 rg BT 80.88 140.20 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.37 140.20 Td (September ) Tj ET Q q 0 0 0 rg BT 135.40 140.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 150.17 140.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.17 140.20 Td (, ) Tj ET Q q 0 0 0 rg BT 174.94 140.20 Td (the ) Tj ET Q q 0 0 0 rg BT 189.43 140.20 Td (Company's ) Tj ET Q q 0 0 0 rg BT 236.28 140.20 Td (term ) Tj ET Q q 0 0 0 rg BT 256.87 140.20 Td (facility ) Tj ET Q q 0 0 0 rg BT 287.46 140.20 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.87 140.20 Td (T) Tj ET Q q 0 0 0 rg BT 300.63 140.20 Td (erm ) Tj ET Q q 0 0 0 rg BT 320.10 140.20 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.31 140.20 Td ("\) ) Tj ET Q q 0 0 0 rg BT 362.00 140.20 Td (had ) Tj ET Q q 0 0 0 rg BT 378.70 140.20 Td (a ) Tj ET Q q 0 0 0 rg BT 385.41 140.20 Td (principal ) Tj ET Q q 0 0 0 rg BT 423.22 140.20 Td (balance ) Tj ET Q q 0 0 0 rg BT 456.03 140.20 Td (of ) Tj ET Q q 0 0 0 rg BT 466.63 140.20 Td (US$328.7 ) Tj ET Q q 0 0 0 rg BT 509.18 140.20 Td (million ) Tj ET Q q 0 0 0 rg BT 540.34 140.20 Td (\(June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 64.52 128.20 Td (2018 ) Tj ET Q q 0 0 0 rg BT 87.04 128.20 Td (- ) Tj ET Q q 0 0 0 rg BT 92.90 128.20 Td (US$490.0 ) Tj ET Q q 0 0 0 rg BT 135.70 128.20 Td (million\), ) Tj ET Q q 0 0 0 rg BT 172.94 128.20 Td (bearing ) Tj ET Q q 0 0 0 rg BT 205.45 128.20 Td (interest ) Tj ET Q q 0 0 0 rg BT 237.41 128.20 Td (at ) Tj ET Q q 0 0 0 rg BT 247.15 128.20 Td (floating ) Tj ET Q q 0 0 0 rg BT 280.77 128.20 Td (rates ) Tj ET Q q 0 0 0 rg BT 302.17 128.20 Td (of ) Tj ET Q q 0 0 0 rg BT 313.02 128.20 Td (either ) Tj ET Q q 0 0 0 rg BT 338.31 128.20 Td ($USD ) Tj ET Q q 0 0 0 rg BT 365.84 128.20 Td (base ) Tj ET Q q 0 0 0 rg BT 386.13 128.20 Td (rate ) Tj ET Q q 0 0 0 rg BT 403.63 128.20 Td (+ ) Tj ET Q q 0 0 0 rg BT 411.79 128.20 Td (2.75% ) Tj ET Q q 0 0 0 rg BT 440.15 128.20 Td (or ) Tj ET Q q 0 0 0 rg BT 451.00 128.20 Td ($USD ) Tj ET Q q 0 0 0 rg BT 478.53 128.20 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 511.05 128.20 Td (+ ) Tj ET Q q 0 0 0 rg BT 519.21 128.20 Td (3.75% ) Tj ET Q q 0 0 0 rg BT 547.56 128.20 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.20 Td (will ) Tj ET Q q 0 0 0 rg BT 67.56 116.20 Td (mature ) Tj ET Q q 0 0 0 rg BT 97.82 116.20 Td (on ) Tj ET Q q 0 0 0 rg BT 110.32 116.20 Td (December ) Tj ET Q q 0 0 0 rg BT 153.90 116.20 Td (29, ) Tj ET Q q 0 0 0 rg BT 168.90 116.20 Td (2023.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 98.20 Td (During ) Tj ET Q q 0 0 0 rg BT 98.50 98.20 Td (the ) Tj ET Q q 0 0 0 rg BT 113.40 98.20 Td (current ) Tj ET Q q 0 0 0 rg BT 144.39 98.20 Td (quarter) Tj ET Q q 0 0 0 rg BT 172.30 98.20 Td (, ) Tj ET Q q 0 0 0 rg BT 177.48 98.20 Td (the ) Tj ET Q q 0 0 0 rg BT 192.37 98.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 233.93 98.20 Td (repaid ) Tj ET Q q 0 0 0 rg BT 261.59 98.20 Td (US$161.3 ) Tj ET Q q 0 0 0 rg BT 304.55 98.20 Td (million ) Tj ET Q q 0 0 0 rg BT 336.11 98.20 Td (against ) Tj ET Q q 0 0 0 rg BT 367.11 98.20 Td (its ) Tj ET Q q 0 0 0 rg BT 379.04 98.20 Td (T) Tj ET Q q 0 0 0 rg BT 384.45 98.20 Td (erm ) Tj ET Q q 0 0 0 rg BT 402.68 98.20 Td (Facility ) Tj ET Q q 0 0 0 rg BT 435.90 98.20 Td (using ) Tj ET Q q 0 0 0 rg BT 460.25 98.20 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 498.46 98.20 Td (from ) Tj ET Q q 0 0 0 rg BT 520.57 98.20 Td (the ) Tj ET Q q 0 0 0 rg BT 535.46 98.20 Td (sale ) Tj ET Q q 0 0 0 rg BT 553.69 98.20 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.20 Td (a ) Tj ET Q q 0 0 0 rg BT 56.66 86.20 Td (49% ) Tj ET Q q 0 0 0 rg BT 77.71 86.20 Td (interest ) Tj ET Q q 0 0 0 rg BT 109.87 86.20 Td (of ) Tj ET Q q 0 0 0 rg BT 120.92 86.20 Td (the ) Tj ET Q q 0 0 0 rg BT 135.86 86.20 Td (Company's ) Tj ET Q q 0 0 0 rg BT 183.16 86.20 Td (80% ) Tj ET Q q 0 0 0 rg BT 204.21 86.20 Td (ownership ) Tj ET Q q 0 0 0 rg BT 248.60 86.20 Td (in ) Tj ET Q q 0 0 0 rg BT 259.10 86.20 Td (Peanuts. ) Tj ET Q q 0 0 0 rg BT 294.83 86.20 Td (As ) Tj ET Q q 0 0 0 rg BT 308.66 86.20 Td (a ) Tj ET Q q 0 0 0 rg BT 315.82 86.20 Td (result ) Tj ET Q q 0 0 0 rg BT 340.76 86.20 Td (of ) Tj ET Q q 0 0 0 rg BT 351.81 86.20 Td (this ) Tj ET Q q 0 0 0 rg BT 368.98 86.20 Td (repayment, ) Tj ET Q q 0 0 0 rg BT 416.41 86.20 Td (the ) Tj ET Q q 0 0 0 rg BT 431.35 86.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 472.96 86.20 Td (expensed ) Tj ET Q q 0 0 0 rg BT 512.89 86.20 Td ($7.3 ) Tj ET Q q 0 0 0 rg BT 533.11 86.20 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.20 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 74.20 Td (its ) Tj ET Q q 0 0 0 rg BT 72.28 74.20 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 124.76 74.20 Td (issue ) Tj ET Q q 0 0 0 rg BT 147.26 74.20 Td (costs.) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.77 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.18 742.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 109.65 742.10 Td (Facility ) Tj ET Q q 0 0 0 rg BT 143.14 742.10 Td (is ) Tj ET Q q 0 0 0 rg BT 152.74 742.10 Td (repayable ) Tj ET Q q 0 0 0 rg BT 194.53 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 205.24 742.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 229.83 742.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 268.85 742.10 Td (installment ) Tj ET Q q 0 0 0 rg BT 316.22 742.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 357.48 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.74 742.10 Td (US$1.2 ) Tj ET Q q 0 0 0 rg BT 401.95 742.10 Td (million ) Tj ET Q q 0 0 0 rg BT 433.78 742.10 Td (or ) Tj ET Q q 0 0 0 rg BT 445.04 742.10 Td (0.25% ) Tj ET Q q 0 0 0 rg BT 473.80 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 485.06 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.21 742.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 526.47 742.10 Td (principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (commencing ) Tj ET Q q 0 0 0 rg BT 103.85 730.10 Td (September ) Tj ET Q q 0 0 0 rg BT 149.31 730.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 164.51 730.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 189.12 730.10 Td (As ) Tj ET Q q 0 0 0 rg BT 202.93 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 210.07 730.10 Td (result ) Tj ET Q q 0 0 0 rg BT 234.99 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.02 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.94 730.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 305.84 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 316.32 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.23 730.10 Td (current ) Tj ET Q q 0 0 0 rg BT 362.25 730.10 Td (quarter) Tj ET Q q 0 0 0 rg BT 390.16 730.10 Td (, ) Tj ET Q q 0 0 0 rg BT 395.36 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.28 730.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 451.87 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 461.24 730.10 Td (not ) Tj ET Q q 0 0 0 rg BT 476.72 730.10 Td (required ) Tj ET Q q 0 0 0 rg BT 512.73 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.21 730.10 Td (make ) Tj ET Q q 0 0 0 rg BT 547.57 730.10 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (further ) Tj ET Q q 0 0 0 rg BT 79.21 718.10 Td (installment ) Tj ET Q q 0 0 0 rg BT 126.15 718.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 166.97 718.10 Td (through ) Tj ET Q q 0 0 0 rg BT 200.58 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.86 718.10 Td (maturity) Tj ET Q q 0 0 0 rg BT 244.09 718.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td (The ) Tj ET Q q 0 0 0 rg BT 84.68 700.10 Td (T) Tj ET Q q 0 0 0 rg BT 90.09 700.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 107.40 700.10 Td (Facility ) Tj ET Q q 0 0 0 rg BT 139.71 700.10 Td (also ) Tj ET Q q 0 0 0 rg BT 157.57 700.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 191.54 700.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 239.39 700.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 262.81 700.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.35 700.10 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.68 700.10 Td ( ) Tj ET Q q 0 0 0 rg BT 292.43 700.10 Td (of ) Tj ET Q q 0 0 0 rg BT 302.52 700.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 330.38 700.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 349.91 700.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 370.00 700.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 387.31 700.10 Td (") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.39 700.10 Td (Excess ) Tj ET Q q 0 0 0 rg BT 421.48 700.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 444.91 700.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 467.78 700.10 Td (Payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.44 700.10 Td ("\) ) Tj ET Q q 0 0 0 rg BT 518.61 700.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 532.03 700.10 Td (defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 688.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.05 688.10 Td (the ) Tj ET Q q 0 0 0 rg BT 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Td (June ) Tj ET Q q 0 0 0 rg BT 549.50 688.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 676.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 74.38 676.10 Td (while ) Tj ET Q q 0 0 0 rg BT 98.99 676.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.59 676.10 Td (first ) Tj ET Q q 0 0 0 rg BT 132.08 676.10 Td (lien ) Tj ET Q q 0 0 0 rg BT 149.46 676.10 Td (net ) Tj ET Q q 0 0 0 rg BT 164.06 676.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 200.31 676.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 221.02 676.10 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.43 676.10 Td (First ) Tj ET Q q 0 0 0 rg BT 251.36 676.10 Td (Lien ) Tj ET Q q 0 0 0 rg BT 273.19 676.10 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 315.00 676.10 Td (Ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.33 676.10 Td ("\),as ) Tj ET Q q 0 0 0 rg BT 358.96 676.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 391.33 676.10 Td (in ) Tj ET Q q 0 0 0 rg BT 401.49 676.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.09 676.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 444.58 676.10 Td (Secured ) Tj ET Q q 0 0 0 rg BT 479.17 676.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 506.03 676.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 555.33 676.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 664.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 79.67 664.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.31 664.10 Td (3.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.81 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 119.23 664.10 Td (times, ) Tj ET Q q 0 0 0 rg BT 145.82 664.10 Td (reducing ) Tj ET Q q 0 0 0 rg BT 183.23 664.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.42 664.10 Td (25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.75 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 214.18 664.10 Td (of ) Tj ET Q q 0 0 0 rg BT 224.93 664.10 Td (Excess ) Tj ET Q q 0 0 0 rg BT 255.12 664.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 277.54 664.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 300.52 664.10 Td (while ) Tj ET Q q 0 0 0 rg BT 325.16 664.10 Td (First ) Tj ET Q q 0 0 0 rg BT 345.92 664.10 Td (Lien ) Tj ET Q q 0 0 0 rg BT 366.66 664.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 383.52 664.10 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 423.14 664.10 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 447.22 664.10 Td (is ) Tj ET Q q 0 0 0 rg BT 456.31 664.10 Td (at ) Tj ET Q q 0 0 0 rg BT 465.95 664.10 Td (or ) Tj ET Q q 0 0 0 rg BT 476.70 664.10 Td (below ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.56 664.10 Td (3.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.06 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 523.48 664.10 Td (times ) Tj ET Q q 0 0 0 rg BT 547.57 664.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 652.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 80.31 652.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.58 652.10 Td (3.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.08 652.10 Td ( ) Tj ET Q q 0 0 0 rg BT 121.14 652.10 Td (times, ) Tj ET Q q 0 0 0 rg BT 148.36 652.10 Td (with ) Tj ET Q q 0 0 0 rg BT 169.19 652.10 Td (the ) Tj ET Q q 0 0 0 rg BT 184.46 652.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 228.06 652.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 261.65 652.10 Td (due ) Tj ET Q q 0 0 0 rg BT 279.14 652.10 Td (on ) Tj ET Q q 0 0 0 rg BT 292.20 652.10 Td (December ) Tj ET Q q 0 0 0 rg BT 336.34 652.10 Td (29, ) Tj ET Q q 0 0 0 rg BT 351.90 652.10 Td (2023. ) Tj ET Q q 0 0 0 rg BT 376.78 652.10 Td (As ) Tj ET Q q 0 0 0 rg BT 390.95 652.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.22 652.10 Td (September ) Tj ET Q q 0 0 0 rg BT 447.04 652.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 462.59 652.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.59 652.10 Td (, ) Tj ET Q q 0 0 0 rg BT 488.15 652.10 Td (no ) Tj ET Q q 0 0 0 rg BT 501.20 652.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 542.58 652.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 640.10 Td (owed ) Tj ET Q q 0 0 0 rg BT 73.66 640.10 Td (under ) Tj ET Q q 0 0 0 rg BT 98.93 640.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.65 640.10 Td (Excess ) Tj ET Q q 0 0 0 rg BT 143.91 640.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 166.41 640.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 189.48 640.10 Td (Payments ) Tj ET Q q 0 0 0 rg BT 230.86 640.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 255.58 640.10 Td (of ) Tj ET Q q 0 0 0 rg BT 266.41 640.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.95 640.10 Td (T) Tj ET Q q 0 0 0 rg BT 286.36 640.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 304.40 640.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 334.30 640.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 622.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 622.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.22 622.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 133.51 622.10 Td (Secured ) Tj ET Q q 0 0 0 rg BT 168.89 622.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 197.06 622.10 Td (Facilities ) Tj ET Q q 0 0 0 rg BT 236.89 622.10 Td (require ) Tj ET Q q 0 0 0 rg BT 268.38 622.10 Td (that ) Tj ET Q q 0 0 0 rg BT 286.56 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 301.95 622.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 344.01 622.10 Td (comply ) Tj ET Q q 0 0 0 rg BT 377.18 622.10 Td (with ) Tj ET Q q 0 0 0 rg BT 398.13 622.10 Td (a ) Tj ET Q q 0 0 0 rg BT 405.52 622.10 Td (T) Tj ET Q q 0 0 0 rg BT 410.93 622.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 429.10 622.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 446.71 622.10 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 487.08 622.10 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 511.92 622.10 Td (covenant, ) Tj ET Q q 0 0 0 rg BT 553.69 622.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 610.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 81.99 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 92.26 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 106.98 610.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 135.59 610.10 Td (Secured ) Tj ET Q q 0 0 0 rg BT 170.30 610.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 197.24 610.10 Td (Agreement: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 592.10 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 562.6 m 395.75 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 562.6 m 457.75 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 562.6 m 395.75 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 548.6 m 395.75 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 562.6 m 457.75 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 548.6 m 457.75 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 548.6 m 395.75 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 534.6 m 395.75 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 548.6 m 457.75 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 534.6 m 457.75 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 534.6 m 395.75 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 520.6 m 395.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 534.6 m 457.75 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 520.6 m 457.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 520.6 m 395.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 495.6 m 395.75 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 520.6 m 457.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.75 495.6 m 457.75 495.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.55 566.33 Td (Period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.40 566.33 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 425.05 566.33 Td (T) Tj ET Q q 0 0 0 rg BT 430.80 566.33 Td (arget) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.25 553.17 Td (Each fiscal quarter commencing September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.90 553.17 Td (< 6.75x) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.25 539.17 Td (Each fiscal quarter commencing September 30, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.90 539.17 Td (< 6.50x) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.25 525.17 Td (Each fiscal quarter commencing September 30, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.90 525.17 Td (< 5.75x) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.25 510.27 Td (Each fiscal quarter commencing September 30, 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.25 500.27 Td (to Maturity at December 29, 2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.90 500.27 Td (< 5.50x) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 478.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 478.10 Td (September ) Tj ET Q q 0 0 0 rg BT 125.26 478.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 140.26 478.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.26 478.10 Td (, ) Tj ET Q q 0 0 0 rg BT 165.26 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 179.80 478.10 Td (T) Tj ET Q q 0 0 0 rg BT 185.21 478.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 202.71 478.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 219.64 478.10 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 259.34 478.10 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 283.50 478.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.55 478.10 Td (5.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.05 478.10 Td (x. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 460.10 Td (For ) Tj ET Q q 0 0 0 rg BT 84.06 460.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.73 460.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.61 460.10 Td (on ) Tj ET Q q 0 0 0 rg BT 189.29 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.98 460.10 Td (T) Tj ET Q q 0 0 0 rg BT 209.39 460.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 227.61 460.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 257.52 460.10 Td (, ) Tj ET Q q 0 0 0 rg BT 262.69 460.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 284.23 460.10 Td (to ) Tj ET Q q 0 0 0 rg BT 294.68 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 309.57 460.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 336.13 460.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 358.81 460.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 396.46 460.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 441.34 460.10 Td (and ) Tj ET Q q 0 0 0 rg BT 458.46 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 473.35 460.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 502.13 460.10 Td (Secured ) Tj ET Q q 0 0 0 rg BT 537.01 460.10 Td (Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 96.42 448.10 Td (on ) Tj ET Q q 0 0 0 rg BT 108.92 448.10 Td (SEDAR ) Tj ET Q q 0 0 0 rg BT 144.21 448.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0.0196078431372549 0.38823529411764707 0.7568627450980392 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 153.923828125 446.7669921875 m 217.703125 446.7669921875 l s q 0.0196078431372549 0.38823529411764707 0.7568627450980392 rg BT 153.92 448.10 Td (www) Tj ET Q q 0.0196078431372549 0.38823529411764707 0.7568627450980392 rg BT 174.94 448.10 Td (.sedar) Tj ET Q q 0.0196078431372549 0.38823529411764707 0.7568627450980392 rg BT 197.99 448.10 Td (.com) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 217.70 448.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 428.7669921875 m 218.6162109375 428.7669921875 l s q 0 0 0 rg BT 49.50 430.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 78.11 430.10 Td (Unsecured ) Tj ET Q q 0 0 0 rg BT 123.37 430.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 173.08 430.10 Td (Debentures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 412.10 Td (As ) Tj ET Q q 0 0 0 rg BT 80.87 412.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.35 412.10 Td (September ) Tj ET Q q 0 0 0 rg BT 135.37 412.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 150.13 412.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.13 412.10 Td (, ) Tj ET Q q 0 0 0 rg BT 174.89 412.10 Td (the ) Tj ET Q q 0 0 0 rg BT 189.37 412.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 216.07 412.10 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 258.86 412.10 Td (convertible ) Tj ET Q q 0 0 0 rg BT 306.10 412.10 Td (debentures ) Tj ET Q q 0 0 0 rg BT 351.68 412.10 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.09 412.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 411.90 412.10 Td (Debentur) Tj ET Q q 0 0 0 rg BT 452.27 412.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.60 412.10 Td ("\) ) Tj ET Q q 0 0 0 rg BT 470.27 412.10 Td (had ) Tj ET Q q 0 0 0 rg BT 486.97 412.10 Td (a ) Tj ET Q q 0 0 0 rg BT 493.67 412.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 531.47 412.10 Td (balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.06 400.10 Td ($140.0 ) Tj ET Q q 0 0 0 rg BT 89.79 400.10 Td (million ) Tj ET Q q 0 0 0 rg BT 120.91 400.10 Td (\(June ) Tj ET Q q 0 0 0 rg BT 144.79 400.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 159.52 400.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 181.75 400.10 Td (- ) Tj ET Q q 0 0 0 rg BT 187.31 400.10 Td ($140.0 ) Tj ET Q q 0 0 0 rg BT 217.04 400.10 Td (million\), ) Tj ET Q q 0 0 0 rg BT 253.99 400.10 Td (bearing ) Tj ET Q q 0 0 0 rg BT 286.20 400.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 317.86 400.10 Td (at ) Tj ET Q q 0 0 0 rg BT 327.31 400.10 Td (an ) Tj ET Q q 0 0 0 rg BT 338.97 400.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 367.86 400.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 385.07 400.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.63 400.10 Td (5.875% ) Tj ET Q q 0 0 0 rg BT 428.69 400.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.35 400.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 464.80 400.10 Td (semi-annually ) Tj ET Q q 0 0 0 rg BT 523.67 400.10 Td (on ) Tj ET Q q 0 0 0 rg BT 535.90 400.10 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (31 ) Tj ET Q q 0 0 0 rg BT 62.32 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 79.58 388.10 Td (September ) Tj ET Q q 0 0 0 rg BT 125.16 388.10 Td (30 ) Tj ET Q q 0 0 0 rg BT 137.98 388.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.13 388.10 Td (each ) Tj ET Q q 0 0 0 rg BT 170.27 388.10 Td (year) Tj ET Q q 0 0 0 rg BT 186.92 388.10 Td (. ) Tj ET Q q 0 0 0 rg BT 192.04 388.10 Td (The ) Tj ET Q q 0 0 0 rg BT 210.40 388.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 260.44 388.10 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 308.79 388.10 Td (are ) Tj ET Q q 0 0 0 rg BT 323.82 388.10 Td (convertible ) Tj ET Q q 0 0 0 rg BT 371.62 388.10 Td (into ) Tj ET Q q 0 0 0 rg BT 390.00 388.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 429.84 388.10 Td (V) Tj ET Q q 0 0 0 rg BT 435.77 388.10 Td (oting ) Tj ET Q q 0 0 0 rg BT 459.15 388.10 Td (Shares ) Tj ET Q q 0 0 0 rg BT 488.63 388.10 Td (or ) Tj ET Q q 0 0 0 rg BT 499.58 388.10 Td (V) Tj ET Q q 0 0 0 rg BT 505.69 388.10 Td (ariable ) Tj ET Q q 0 0 0 rg BT 535.51 388.10 Td (V) Tj ET Q q 0 0 0 rg BT 541.44 388.10 Td (oting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (Shares ) Tj ET Q q 0 0 0 rg BT 78.08 376.10 Td (of ) Tj ET Q q 0 0 0 rg BT 88.32 376.10 Td (the ) Tj ET Q q 0 0 0 rg BT 102.46 376.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 143.26 376.10 Td (at ) Tj ET Q q 0 0 0 rg BT 152.39 376.10 Td (a ) Tj ET Q q 0 0 0 rg BT 158.75 376.10 Td (price ) Tj ET Q q 0 0 0 rg BT 180.65 376.10 Td (of ) Tj ET Q q 0 0 0 rg BT 190.90 376.10 Td ($8.00 ) Tj ET Q q 0 0 0 rg BT 215.31 376.10 Td (per ) Tj ET Q q 0 0 0 rg BT 230.00 376.10 Td (share, ) Tj ET Q q 0 0 0 rg BT 255.51 376.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 285.75 376.10 Td (to ) Tj ET Q q 0 0 0 rg BT 295.45 376.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 324.57 376.10 Td (customary ) Tj ET Q q 0 0 0 rg BT 368.14 376.10 Td (adjustments. ) Tj ET Q q 0 0 0 rg BT 420.19 376.10 Td (The ) Tj ET Q q 0 0 0 rg BT 437.65 376.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 486.78 376.10 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 534.24 376.10 Td (mature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.10 Td (September ) Tj ET Q q 0 0 0 rg BT 94.76 364.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 109.76 364.10 Td (2024.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 346.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.60 346.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 135.37 346.10 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 183.46 346.10 Td (have ) Tj ET Q q 0 0 0 rg BT 204.90 346.10 Td (a ) Tj ET Q q 0 0 0 rg BT 211.89 346.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 232.22 346.10 Td (conversion ) Tj ET Q q 0 0 0 rg BT 278.65 346.10 Td (option ) Tj ET Q q 0 0 0 rg BT 306.76 346.10 Td (whereby ) Tj ET Q q 0 0 0 rg BT 343.75 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 358.52 346.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 399.96 346.10 Td (can ) Tj ET Q q 0 0 0 rg BT 416.40 346.10 Td (elect ) Tj ET Q q 0 0 0 rg BT 437.82 346.10 Td (to ) Tj ET Q q 0 0 0 rg BT 448.16 346.10 Td (make ) Tj ET Q q 0 0 0 rg BT 472.37 346.10 Td (a ) Tj ET Q q 0 0 0 rg BT 479.37 346.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 499.69 346.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 536.68 346.10 Td (in ) Tj ET Q q 0 0 0 rg BT 547.01 346.10 Td (lieu ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.45 334.10 Td (issuing ) Tj ET Q q 0 0 0 rg BT 91.41 334.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 131.07 334.10 Td (V) Tj ET Q q 0 0 0 rg BT 137.01 334.10 Td (oting ) Tj ET Q q 0 0 0 rg BT 160.18 334.10 Td (Shares ) Tj ET Q q 0 0 0 rg BT 189.47 334.10 Td (or ) Tj ET Q q 0 0 0 rg BT 200.23 334.10 Td (V) Tj ET Q q 0 0 0 rg BT 206.34 334.10 Td (ariable ) Tj ET Q q 0 0 0 rg BT 235.98 334.10 Td (V) Tj ET Q q 0 0 0 rg BT 241.91 334.10 Td (oting ) Tj ET Q q 0 0 0 rg BT 265.09 334.10 Td (Shares ) Tj ET Q q 0 0 0 rg BT 294.37 334.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 316.99 334.10 Td (exercise ) Tj ET Q q 0 0 0 rg BT 352.37 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 363.32 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.16 334.10 Td (conversion ) Tj ET Q q 0 0 0 rg BT 424.66 334.10 Td (option ) Tj ET Q q 0 0 0 rg BT 452.84 334.10 Td (feature ) Tj ET Q q 0 0 0 rg BT 483.21 334.10 Td (by ) Tj ET Q q 0 0 0 rg BT 495.84 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 510.67 334.10 Td (holder ) Tj ET Q q 0 0 0 rg BT 538.84 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.80 334.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 99.06 322.10 Td (Debentures. ) Tj ET Q q 0 0 0 rg BT 148.92 322.10 Td (As ) Tj ET Q q 0 0 0 rg BT 162.38 322.10 Td (a ) Tj ET Q q 0 0 0 rg BT 169.16 322.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 196.22 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 210.78 322.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 260.34 322.10 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 308.22 322.10 Td (were ) Tj ET Q q 0 0 0 rg BT 329.99 322.10 Td (deemed ) Tj ET Q q 0 0 0 rg BT 363.43 322.10 Td (to ) Tj ET Q q 0 0 0 rg BT 373.55 322.10 Td (have ) Tj ET Q q 0 0 0 rg BT 394.77 322.10 Td (no ) Tj ET Q q 0 0 0 rg BT 407.11 322.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 434.45 322.10 Td (component ) Tj ET Q q 0 0 0 rg BT 481.23 322.10 Td (at ) Tj ET Q q 0 0 0 rg BT 490.79 322.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 516.46 322.10 Td (recognition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.21 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 80.70 310.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 121.29 310.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 137.44 310.10 Td (value ) Tj ET Q q 0 0 0 rg BT 161.37 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 171.98 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.47 310.10 Td (embedded ) Tj ET Q q 0 0 0 rg BT 229.83 310.10 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 275.98 310.10 Td (is ) Tj ET Q q 0 0 0 rg BT 284.92 310.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 322.17 310.10 Td (as ) Tj ET Q q 0 0 0 rg BT 332.77 310.10 Td (a ) Tj ET Q q 0 0 0 rg BT 339.48 310.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 376.74 310.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 410.12 310.10 Td (and ) Tj ET Q q 0 0 0 rg BT 426.83 310.10 Td (included ) Tj ET Q q 0 0 0 rg BT 463.54 310.10 Td (with ) Tj ET Q q 0 0 0 rg BT 483.59 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.08 310.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 517.57 310.10 Td (component ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.87 298.10 Td (the ) Tj ET Q q 0 0 0 rg BT 78.45 298.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 126.40 298.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 180.31 298.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 214.20 298.10 Td (sheet. ) Tj ET Q q 0 0 0 rg BT 240.62 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 243.98 298.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 281.79 298.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.94 298.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.52 298.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 350.21 298.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 367.45 298.10 Td (value ) Tj ET Q q 0 0 0 rg BT 392.47 298.10 Td (of ) Tj ET Q q 0 0 0 rg BT 404.17 298.10 Td (the ) Tj ET Q q 0 0 0 rg BT 419.75 298.10 Td (embedded ) Tj ET Q q 0 0 0 rg BT 464.21 298.10 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 511.45 298.10 Td (are ) Tj ET Q q 0 0 0 rg BT 527.02 298.10 Td (recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (through ) Tj ET Q q 0 0 0 rg BT 83.36 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 98.33 286.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 145.66 286.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 198.95 286.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 240.02 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.11 286.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 285.79 286.10 Td ( ) Tj ET Q q 0 0 0 rg BT 287.94 286.10 Td (As ) Tj ET Q q 0 0 0 rg BT 301.80 286.10 Td (at ) Tj ET Q q 0 0 0 rg BT 311.77 286.10 Td (September ) Tj ET Q q 0 0 0 rg BT 357.28 286.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 372.54 286.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 397.79 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 412.75 286.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 453.83 286.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 470.46 286.10 Td (value ) Tj ET Q q 0 0 0 rg BT 494.86 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 505.94 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 520.91 286.10 Td (embedded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.10 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 95.87 274.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.92 274.10 Td ($7.1 ) Tj ET Q q 0 0 0 rg BT 133.92 274.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.82 274.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 256.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 256.10 Td (orking Capital and Liquidity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 239.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 239.10 Td (orking ) Tj ET Q q 0 0 0 rg BT 105.09 239.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 134.58 239.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 177.95 239.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.01 239.10 Td (Company) Tj ET Q q 0 0 0 rg BT 234.67 239.10 Td (s ) Tj ET Q q 0 0 0 rg BT 241.40 239.10 Td (current ) Tj ET Q q 0 0 0 rg BT 272.56 239.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 298.73 239.10 Td (less ) Tj ET Q q 0 0 0 rg BT 316.57 239.10 Td (current ) Tj ET Q q 0 0 0 rg BT 347.72 239.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 390.28 239.10 Td (which ) Tj ET Q q 0 0 0 rg BT 417.56 239.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.95 239.10 Td ($202.4 ) Tj ET Q q 0 0 0 rg BT 466.29 239.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.18 239.10 Td ( ) Tj ET Q q 0 0 0 rg BT 498.02 239.10 Td (as ) Tj ET Q q 0 0 0 rg BT 509.19 239.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.24 239.10 Td (September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 64.50 227.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.50 227.10 Td (, ) Tj ET Q q 0 0 0 rg BT 89.50 227.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 131.42 227.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.70 227.10 Td ($194.0 ) Tj ET Q q 0 0 0 rg BT 171.70 227.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.59 227.10 Td ( ) Tj ET Q q 0 0 0 rg BT 203.09 227.10 Td (at ) Tj ET Q q 0 0 0 rg BT 212.81 227.10 Td (June ) Tj ET Q q 0 0 0 rg BT 233.64 227.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 248.64 227.10 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 210.10 Td (Based ) Tj ET Q q 0 0 0 rg BT 94.91 210.10 Td (on ) Tj ET Q q 0 0 0 rg BT 107.88 210.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.06 210.10 Td (Company) Tj ET Q q 0 0 0 rg BT 164.73 210.10 Td (s ) Tj ET Q q 0 0 0 rg BT 171.59 210.10 Td (current ) Tj ET Q q 0 0 0 rg BT 202.87 210.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 237.49 210.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 290.43 210.10 Td (for ) Tj ET Q q 0 0 0 rg BT 305.06 210.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 331.92 210.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 357.39 210.10 Td (we ) Tj ET Q q 0 0 0 rg BT 372.02 210.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 403.86 210.10 Td (that ) Tj ET Q q 0 0 0 rg BT 421.82 210.10 Td (our ) Tj ET Q q 0 0 0 rg BT 438.12 210.10 Td (working ) Tj ET Q q 0 0 0 rg BT 474.42 210.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 504.04 210.10 Td (is ) Tj ET Q q 0 0 0 rg BT 513.68 210.10 Td (suf) Tj ET Q q 0 0 0 rg BT 525.72 210.10 Td (ficient ) Tj ET Q q 0 0 0 rg BT 554.23 210.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 71.69 198.10 Td (our ) Tj ET Q q 0 0 0 rg BT 87.77 198.10 Td (present ) Tj ET Q q 0 0 0 rg BT 119.40 198.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 174.35 198.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.55 198.10 Td (future ) Tj ET Q q 0 0 0 rg BT 218.18 198.10 Td (business ) Tj ET Q q 0 0 0 rg BT 254.82 198.10 Td (plans. ) Tj ET Q q 0 0 0 rg BT 281.18 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 283.74 198.10 Td (W) Tj ET Q q 0 0 0 rg BT 292.37 198.10 Td (e ) Tj ET Q q 0 0 0 rg BT 299.56 198.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 328.41 198.10 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 376.69 198.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 397.21 198.10 Td (needs ) Tj ET Q q 0 0 0 rg BT 422.73 198.10 Td (to ) Tj ET Q q 0 0 0 rg BT 433.26 198.10 Td (be ) Tj ET Q q 0 0 0 rg BT 445.45 198.10 Td (funded ) Tj ET Q q 0 0 0 rg BT 475.97 198.10 Td (through ) Tj ET Q q 0 0 0 rg BT 509.83 198.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 544.25 198.10 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.10 Td (resources, ) Tj ET Q q 0 0 0 rg BT 92.26 186.10 Td (the ) Tj ET Q q 0 0 0 rg BT 106.98 186.10 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 151.14 186.10 Td (Facility ) Tj ET Q q 0 0 0 rg BT 184.19 186.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.13 186.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 241.39 186.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 261.66 186.10 Td (flow) Tj ET Q q 0 0 0 rg BT 279.34 186.10 Td (. ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 742.25 Td (Contractual Obligations) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 171.12 746.78 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 724.25 Td (The following table summarizes our outstanding cash commitments as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.99 724.25 Td (September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.26 724.25 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 707.75 m 67 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 707.75 m 79 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 79 707.75 m 307 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 707.75 m 348 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 707.75 m 413 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 707.75 m 461 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 707.75 m 509 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 707.75 m 562 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 707.75 m 562 707.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 692.75 m 67 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 692.75 m 562 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 677.75 m 67 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 677.75 m 562 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 662.75 m 67 654.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 662.75 m 562 654.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 654.75 m 67 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 654.75 m 562 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 639.75 m 67 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 639.75 m 562 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 624.75 m 67 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 624.75 m 562 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 609.75 m 67 594.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 609.75 m 562 594.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 594.75 m 67 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 594.75 m 562 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 579.75 m 67 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 579.75 m 562 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 564.75 m 67 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 564.75 m 562 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 548.75 m 67 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 532.75 m 348 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 532.75 m 413 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 532.75 m 461 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 532.75 m 509 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 548.75 m 562 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 532.75 m 562 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 532.75 m 67 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 532.75 m 562 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 528.75 m 67 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 528.75 m 562 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 513.75 m 67 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 67 501.75 m 79 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 79 501.75 m 307 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 501.75 m 348 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 501.75 m 413 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 501.75 m 461 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 501.75 m 509 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562 513.75 m 562 501.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 501.75 m 562 501.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 81.5 695.730078125 m 165.71484375 695.730078125 l s q 0 0 0 rg BT 81.50 696.98 Td (Payments Due by Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.25 681.98 Td (T) Tj ET Q q 0 0 0 rg BT 323.22 681.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.15 681.98 Td (Less than 1 year) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.05 681.98 Td (1 to 3 years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.05 681.98 Td (4 to 5 years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.85 681.98 Td (After) Tj ET Q q 0 0 0 rg BT 530.91 681.98 Td ( 5 years) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 682.00 Td (\(shown in thousands\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.50 666.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.50 666.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.50 666.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.50 666.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.50 666.98 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 644.00 Td (Bank indebtedness) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 143.50 643.70 Td (................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 326.75 644.00 Td (9,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 644.00 Td (9,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.80 644.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 497.80 644.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.80 644.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 629.00 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 211.50 628.70 Td (..............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.75 629.00 Td (130,895) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.80 629.00 Td (130,895) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.80 629.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 497.80 629.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.80 629.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 614.00 Td (Interim production financing) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.50 613.70 Td (................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.75 614.00 Td (99,517) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.80 614.00 Td (99,517) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.80 614.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 497.80 614.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.80 614.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 599.00 Td (Other liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 131.50 598.70 Td (......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 326.75 599.00 Td (7,042) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 599.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 439.75 599.00 Td (7,042) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 497.80 599.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.80 599.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 584.00 Td (Senior unsecured convertible debentures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 211.50 583.70 Td (..............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.75 584.00 Td (189,350) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 584.00 Td (8,225) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.75 584.00 Td (16,450) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.75 584.00 Td (16,450) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.75 584.00 Td (148,225) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 569.00 Td (T) Tj ET Q q 0 0 0 rg BT 86.11 569.00 Td (erm facility) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 568.70 Td (..........................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.75 569.00 Td (486,958) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.80 569.00 Td (1) Tj ET Q q 0 0 0 rg BT 391.80 569.00 Td (1,702) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.75 569.00 Td (23,404) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.75 569.00 Td (23,404) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.75 569.00 Td (428,448) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 553.00 Td (Operating leases) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.50 552.70 Td (....................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.75 553.00 Td (52,617) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 553.00 Td (9,315) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.75 553.00 Td (14,879) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.75 553.00 Td (1) Tj ET Q q 0 0 0 rg BT 487.75 553.00 Td (1,068) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.75 553.00 Td (17,355) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 537.00 Td (Finance lease obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 163.50 536.70 Td (......................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 326.75 537.00 Td (8,230) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 537.00 Td (3,660) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 439.75 537.00 Td (4,012) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 493.80 537.00 Td (558) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.80 537.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 517.98 Td (T) Tj ET Q q 0 0 0 rg BT 86.10 517.98 Td (otal Contractual Obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 185.50 517.70 Td (...........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.75 518.00 Td (984,109) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.80 518.00 Td (272,814) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.75 518.00 Td (65,787) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.75 518.00 Td (51,480) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.75 518.00 Td (594,028) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 85.50 486.68 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 88.10 483.05 Td (In addition to the totals above, the Company has entered into various contracts to buy broadcast rights with future commitments totaling $) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 529.78 483.05 Td (13.5 ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 85.50 473.45 Td (million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 110.85 473.45 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 451.85 Td (Recent ) Tj ET Q q 0 0 0 rg BT 99.25 451.85 Td (T) Tj ET Q q 0 0 0 rg BT 105.18 451.85 Td (ransactions) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 433.85 Td (Sale ) Tj ET Q q 0 0 0 rg BT 87.78 433.85 Td (of ) Tj ET Q q 0 0 0 rg BT 98.61 433.85 Td (a ) Tj ET Q q 0 0 0 rg BT 106.11 433.85 Td (Minority ) Tj ET Q q 0 0 0 rg BT 144.73 433.85 Td (Interest ) Tj ET Q q 0 0 0 rg BT 178.90 433.85 Td (in ) Tj ET Q q 0 0 0 rg BT 189.74 433.85 Td (Peanuts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 415.85 Td (On ) Tj ET Q q 0 0 0 rg BT 100.25 415.85 Td (July ) Tj ET Q q 0 0 0 rg BT 119.44 415.85 Td (23, ) Tj ET Q q 0 0 0 rg BT 134.47 415.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 159.50 415.85 Td (the ) Tj ET Q q 0 0 0 rg BT 174.24 415.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 215.65 415.85 Td (completed ) Tj ET Q q 0 0 0 rg BT 259.83 415.85 Td (the ) Tj ET Q q 0 0 0 rg BT 274.57 415.85 Td (sale ) Tj ET Q q 0 0 0 rg BT 292.64 415.85 Td (of ) Tj ET Q q 0 0 0 rg BT 303.50 415.85 Td (a ) Tj ET Q q 0 0 0 rg BT 310.46 415.85 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 375.20 415.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 407.16 415.85 Td (in ) Tj ET Q q 0 0 0 rg BT 417.46 415.85 Td (its ) Tj ET Q q 0 0 0 rg BT 429.44 415.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 463.07 415.85 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 506.71 415.85 Td (to ) Tj ET Q q 0 0 0 rg BT 517.01 415.85 Td (Sony) Tj ET Q q 0 0 0 rg BT 536.92 415.85 Td (. ) Tj ET Q q 0 0 0 rg BT 541.95 415.85 Td (Sony ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 403.85 Td (acquired ) Tj ET Q q 0 0 0 rg BT 105.05 403.85 Td (49% ) Tj ET Q q 0 0 0 rg BT 126.51 403.85 Td (of ) Tj ET Q q 0 0 0 rg BT 137.97 403.85 Td (the ) Tj ET Q q 0 0 0 rg BT 153.31 403.85 Td (Company's ) Tj ET Q q 0 0 0 rg BT 201.02 403.85 Td (80% ) Tj ET Q q 0 0 0 rg BT 222.48 403.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 255.04 403.85 Td (in ) Tj ET Q q 0 0 0 rg BT 265.94 403.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 300.18 403.85 Td (for ) Tj ET Q q 0 0 0 rg BT 314.97 403.85 Td (gross ) Tj ET Q q 0 0 0 rg BT 339.21 403.85 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 377.87 403.85 Td (of ) Tj ET Q q 0 0 0 rg BT 389.33 403.85 Td ($234.6 ) Tj ET Q q 0 0 0 rg BT 419.96 403.85 Td (million ) Tj ET Q q 0 0 0 rg BT 451.98 403.85 Td (and ) Tj ET Q q 0 0 0 rg BT 469.54 403.85 Td (net ) Tj ET Q q 0 0 0 rg BT 484.89 403.85 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 523.55 403.85 Td (of ) Tj ET Q q 0 0 0 rg BT 535.01 403.85 Td ($208.7 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 391.85 Td (million ) Tj ET Q q 0 0 0 rg BT 98.89 391.85 Td (\(net ) Tj ET Q q 0 0 0 rg BT 116.94 391.85 Td (of ) Tj ET Q q 0 0 0 rg BT 127.77 391.85 Td (transaction ) Tj ET Q q 0 0 0 rg BT 174.14 391.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 196.64 391.85 Td (of ) Tj ET Q q 0 0 0 rg BT 207.47 391.85 Td ($8.7 ) Tj ET Q q 0 0 0 rg BT 227.47 391.85 Td (million ) Tj ET Q q 0 0 0 rg BT 258.86 391.85 Td (and ) Tj ET Q q 0 0 0 rg BT 275.80 391.85 Td (taxes ) Tj ET Q q 0 0 0 rg BT 298.85 391.85 Td (of ) Tj ET Q q 0 0 0 rg BT 309.68 391.85 Td ($17.2 ) Tj ET Q q 0 0 0 rg BT 334.68 391.85 Td (million\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 373.85 Td (As ) Tj ET Q q 0 0 0 rg BT 99.33 373.85 Td (at ) Tj ET Q q 0 0 0 rg BT 109.26 373.85 Td (September ) Tj ET Q q 0 0 0 rg BT 154.74 373.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 169.95 373.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 195.17 373.85 Td (the ) Tj ET Q q 0 0 0 rg BT 210.10 373.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 251.70 373.85 Td (holds ) Tj ET Q q 0 0 0 rg BT 276.09 373.85 Td (a ) Tj ET Q q 0 0 0 rg BT 283.24 373.85 Td (41% ) Tj ET Q q 0 0 0 rg BT 304.28 373.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 336.43 373.85 Td (in ) Tj ET Q q 0 0 0 rg BT 346.93 373.85 Td (Peanuts, ) Tj ET Q q 0 0 0 rg BT 383.25 373.85 Td (Sony ) Tj ET Q q 0 0 0 rg BT 406.53 373.85 Td (holds ) Tj ET Q q 0 0 0 rg BT 430.91 373.85 Td (a ) Tj ET Q q 0 0 0 rg BT 438.06 373.85 Td (39% ) Tj ET Q q 0 0 0 rg BT 459.11 373.85 Td (interest, ) Tj ET Q q 0 0 0 rg BT 493.76 373.85 Td (and ) Tj ET Q q 0 0 0 rg BT 510.91 373.85 Td (the ) Tj ET Q q 0 0 0 rg BT 525.84 373.85 Td (members ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 361.85 Td (of ) Tj ET Q q 0 0 0 rg BT 78.55 361.85 Td (the ) Tj ET Q q 0 0 0 rg BT 93.48 361.85 Td (family ) Tj ET Q q 0 0 0 rg BT 122.31 361.85 Td (of ) Tj ET Q q 0 0 0 rg BT 133.36 361.85 Td (Charles ) Tj ET Q q 0 0 0 rg BT 166.62 361.85 Td (M. ) Tj ET Q q 0 0 0 rg BT 180.73 361.85 Td (Schulz ) Tj ET Q q 0 0 0 rg BT 210.67 361.85 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.08 361.85 Td (Schulz ) Tj ET Q q 0 0 0 rg BT 249.14 361.85 Td (Family) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.13 361.85 Td ("\) ) Tj ET Q q 0 0 0 rg BT 289.26 361.85 Td (hold ) Tj ET Q q 0 0 0 rg BT 309.76 361.85 Td (a ) Tj ET Q q 0 0 0 rg BT 316.92 361.85 Td (20% ) Tj ET Q q 0 0 0 rg BT 337.97 361.85 Td (interest. ) Tj ET Q q 0 0 0 rg BT 372.62 361.85 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 421.45 361.85 Td (to ) Tj ET Q q 0 0 0 rg BT 431.94 361.85 Td (the ) Tj ET Q q 0 0 0 rg BT 446.88 361.85 Td (sale, ) Tj ET Q q 0 0 0 rg BT 467.64 361.85 Td (the ) Tj ET Q q 0 0 0 rg BT 482.58 361.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 524.19 361.85 Td (continues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 349.85 Td (to ) Tj ET Q q 0 0 0 rg BT 77.78 349.85 Td (control ) Tj ET Q q 0 0 0 rg BT 108.60 349.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 142.21 349.85 Td (and ) Tj ET Q q 0 0 0 rg BT 159.15 349.85 Td (therefore ) Tj ET Q q 0 0 0 rg BT 197.73 349.85 Td (consolidates ) Tj ET Q q 0 0 0 rg BT 249.67 349.85 Td (100% ) Tj ET Q q 0 0 0 rg BT 275.50 349.85 Td (of ) Tj ET Q q 0 0 0 rg BT 286.33 349.85 Td (Peanuts. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 331.85 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 117.24 331.85 Td (of ) Tj ET Q q 0 0 0 rg BT 128.07 331.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 163.91 331.85 Td (and ) Tj ET Q q 0 0 0 rg BT 181.97 331.85 Td (Strawberry ) Tj ET Q q 0 0 0 rg BT 230.03 331.85 Td (Shortcake) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 313.85 Td (On ) Tj ET Q q 0 0 0 rg BT 99.95 313.85 Td (June ) Tj ET Q q 0 0 0 rg BT 120.51 313.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 135.25 313.85 Td (2017, ) Tj ET Q q 0 0 0 rg BT 159.98 313.85 Td (DHX ) Tj ET Q q 0 0 0 rg BT 183.87 313.85 Td (Media ) Tj ET Q q 0 0 0 rg BT 211.65 313.85 Td (acquired ) Tj ET Q q 0 0 0 rg BT 248.31 313.85 Td (the ) Tj ET Q q 0 0 0 rg BT 262.76 313.85 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 319.96 313.85 Td (division ) Tj ET Q q 0 0 0 rg BT 354.42 313.85 Td (of ) Tj ET Q q 0 0 0 rg BT 364.98 313.85 Td (Iconix ) Tj ET Q q 0 0 0 rg BT 392.76 313.85 Td (Brand ) Tj ET Q q 0 0 0 rg BT 419.43 313.85 Td (Group, ) Tj ET Q q 0 0 0 rg BT 449.71 313.85 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 469.71 313.85 Td (which ) Tj ET Q q 0 0 0 rg BT 496.38 313.85 Td (included ) Tj ET Q q 0 0 0 rg BT 533.05 313.85 Td (both ) Tj ET Q q 0 0 0 rg BT 553.06 313.85 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 301.85 Td (80% ) Tj ET Q q 0 0 0 rg BT 88.56 301.85 Td (controlling ) Tj ET Q q 0 0 0 rg BT 135.18 301.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 167.35 301.85 Td (in ) Tj ET Q q 0 0 0 rg BT 177.86 301.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 211.70 301.85 Td (and ) Tj ET Q q 0 0 0 rg BT 228.88 301.85 Td (a ) Tj ET Q q 0 0 0 rg BT 236.05 301.85 Td (100% ) Tj ET Q q 0 0 0 rg BT 262.11 301.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 294.28 301.85 Td (in ) Tj ET Q q 0 0 0 rg BT 304.79 301.85 Td (Strawberry ) Tj ET Q q 0 0 0 rg BT 351.96 301.85 Td (Shortcake, ) Tj ET Q q 0 0 0 rg BT 397.18 301.85 Td (for ) Tj ET Q q 0 0 0 rg BT 411.57 301.85 Td (US$349.0 ) Tj ET Q q 0 0 0 rg BT 454.59 301.85 Td (million ) Tj ET Q q 0 0 0 rg BT 486.22 301.85 Td (\($453.0 ) Tj ET Q q 0 0 0 rg BT 519.78 301.85 Td (million\) ) Tj ET Q q 0 0 0 rg BT 554.74 301.85 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 289.85 Td (cash, ) Tj ET Q q 0 0 0 rg BT 90.27 289.85 Td (which ) Tj ET Q q 0 0 0 rg BT 117.21 289.85 Td (comprised ) Tj ET Q q 0 0 0 rg BT 161.36 289.85 Td (the ) Tj ET Q q 0 0 0 rg BT 176.08 289.85 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 271.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 271.85 Td (A) Tj ET Q q 0 0 0 rg BT 110.17 271.85 Td ( ) Tj ET Q q 0 0 0 rg BT 112.67 271.85 Td (purchase ) Tj ET Q q 0 0 0 rg BT 150.71 271.85 Td (price ) Tj ET Q q 0 0 0 rg BT 173.19 271.85 Td (of ) Tj ET Q q 0 0 0 rg BT 184.02 271.85 Td (US$345.0 ) Tj ET Q q 0 0 0 rg BT 226.81 271.85 Td (million ) Tj ET Q q 0 0 0 rg BT 258.20 271.85 Td (\($447.7 ) Tj ET Q q 0 0 0 rg BT 291.53 271.85 Td (million\) ) Tj ET Q q 0 0 0 rg BT 326.25 271.85 Td (paid ) Tj ET Q q 0 0 0 rg BT 345.97 271.85 Td (at ) Tj ET Q q 0 0 0 rg BT 355.68 271.85 Td (closing; ) Tj ET Q q 0 0 0 rg BT 389.85 271.85 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 253.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 253.85 Td (A) Tj ET Q q 0 0 0 rg BT 110.17 253.85 Td ( ) Tj ET Q q 0 0 0 rg BT 112.55 253.85 Td (working ) Tj ET Q q 0 0 0 rg BT 148.26 253.85 Td (capital ) Tj ET Q q 0 0 0 rg BT 177.29 253.85 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 223.55 253.85 Td (of ) Tj ET Q q 0 0 0 rg BT 234.26 253.85 Td (US$4.1 ) Tj ET Q q 0 0 0 rg BT 266.92 253.85 Td (million ) Tj ET Q q 0 0 0 rg BT 298.19 253.85 Td (\($5.4 ) Tj ET Q q 0 0 0 rg BT 321.40 253.85 Td (million\), ) Tj ET Q q 0 0 0 rg BT 358.50 253.85 Td (of ) Tj ET Q q 0 0 0 rg BT 369.21 253.85 Td (which ) Tj ET Q q 0 0 0 rg BT 396.03 253.85 Td (US$1.5 ) Tj ET Q q 0 0 0 rg BT 428.69 253.85 Td (million ) Tj ET Q q 0 0 0 rg BT 459.96 253.85 Td (\($2.0 ) Tj ET Q q 0 0 0 rg BT 483.17 253.85 Td (million\) ) Tj ET Q q 0 0 0 rg BT 517.77 253.85 Td (was ) Tj ET Q q 0 0 0 rg BT 535.71 253.85 Td (paid ) Tj ET Q q 0 0 0 rg BT 555.30 253.85 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 241.85 Td (closing ) Tj ET Q q 0 0 0 rg BT 134.89 241.85 Td (and ) Tj ET Q q 0 0 0 rg BT 151.83 241.85 Td (US$2.6 ) Tj ET Q q 0 0 0 rg BT 184.61 241.85 Td (million ) Tj ET Q q 0 0 0 rg BT 216.00 241.85 Td (\($3.4 ) Tj ET Q q 0 0 0 rg BT 239.33 241.85 Td (million\) ) Tj ET Q q 0 0 0 rg BT 274.05 241.85 Td (was ) Tj ET Q q 0 0 0 rg BT 292.10 241.85 Td (paid ) Tj ET Q q 0 0 0 rg BT 311.82 241.85 Td (during ) Tj ET Q q 0 0 0 rg BT 340.43 241.85 Td (the ) Tj ET Q q 0 0 0 rg BT 355.15 241.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 374.86 241.85 Td (months ) Tj ET Q q 0 0 0 rg BT 406.81 241.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 433.19 241.85 Td (March ) Tj ET Q q 0 0 0 rg BT 461.79 241.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 476.79 241.85 Td (2018. ) Tj ET Q q 0 0 0 rg BT 501.79 241.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 223.85 Td (The ) Tj ET Q q 0 0 0 rg BT 103.58 223.85 Td (remaining ) Tj ET Q q 0 0 0 rg BT 146.66 223.85 Td (20% ) Tj ET Q q 0 0 0 rg BT 167.53 223.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 199.50 223.85 Td (in ) Tj ET Q q 0 0 0 rg BT 209.81 223.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 243.45 223.85 Td (continues ) Tj ET Q q 0 0 0 rg BT 284.31 223.85 Td (to ) Tj ET Q q 0 0 0 rg BT 294.63 223.85 Td (be ) Tj ET Q q 0 0 0 rg BT 306.60 223.85 Td (held ) Tj ET Q q 0 0 0 rg BT 326.35 223.85 Td (by ) Tj ET Q q 0 0 0 rg BT 338.89 223.85 Td (members ) Tj ET Q q 0 0 0 rg BT 378.08 223.85 Td (of ) Tj ET Q q 0 0 0 rg BT 388.95 223.85 Td (the ) Tj ET Q q 0 0 0 rg BT 403.70 223.85 Td (Schulz ) Tj ET Q q 0 0 0 rg BT 433.45 223.85 Td (Family) Tj ET Q q 0 0 0 rg BT 461.14 223.85 Td (. ) Tj ET Q q 0 0 0 rg BT 465.61 223.85 Td (Additionally) Tj ET Q q 0 0 0 rg BT 515.52 223.85 Td (, ) Tj ET Q q 0 0 0 rg BT 520.55 223.85 Td (the ) Tj ET Q q 0 0 0 rg BT 535.30 223.85 Td (Schulz ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 211.85 Td (Family ) Tj ET Q q 0 0 0 rg BT 98.08 211.85 Td (is ) Tj ET Q q 0 0 0 rg BT 107.00 211.85 Td (entitled ) Tj ET Q q 0 0 0 rg BT 139.25 211.85 Td (to ) Tj ET Q q 0 0 0 rg BT 149.27 211.85 Td (a ) Tj ET Q q 0 0 0 rg BT 155.96 211.85 Td (fee ) Tj ET Q q 0 0 0 rg BT 170.42 211.85 Td (based ) Tj ET Q q 0 0 0 rg BT 195.44 211.85 Td (on ) Tj ET Q q 0 0 0 rg BT 207.69 211.85 Td (revenues ) Tj ET Q q 0 0 0 rg BT 245.47 211.85 Td (less ) Tj ET Q q 0 0 0 rg BT 262.72 211.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 292.18 211.85 Td (shareable ) Tj ET Q q 0 0 0 rg BT 332.18 211.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 354.43 211.85 Td (of ) Tj ET Q q 0 0 0 rg BT 365.01 211.85 Td (Peanuts ) Tj ET Q q 0 0 0 rg BT 398.21 211.85 Td (W) Tj ET Q q 0 0 0 rg BT 406.84 211.85 Td (orldwide ) Tj ET Q q 0 0 0 rg BT 444.64 211.85 Td (LLC, ) Tj ET Q q 0 0 0 rg BT 468.28 211.85 Td (a ) Tj ET Q q 0 0 0 rg BT 474.97 211.85 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 518.32 211.85 Td (of ) Tj ET Q q 0 0 0 rg BT 528.90 211.85 Td (Peanuts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 193.85 Td (Additional ) Tj ET Q q 0 0 0 rg BT 130.75 193.85 Td (information ) Tj ET Q q 0 0 0 rg BT 180.44 193.85 Td (on ) Tj ET Q q 0 0 0 rg BT 192.92 193.85 Td (the ) Tj ET Q q 0 0 0 rg BT 207.62 193.85 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 253.98 193.85 Td (and ) Tj ET Q q 0 0 0 rg BT 270.90 193.85 Td (the ) Tj ET Q q 0 0 0 rg BT 285.60 193.85 Td (purchase ) Tj ET Q q 0 0 0 rg BT 323.61 193.85 Td (price ) Tj ET Q q 0 0 0 rg BT 346.08 193.85 Td (allocation ) Tj ET Q q 0 0 0 rg BT 387.99 193.85 Td (are ) Tj ET Q q 0 0 0 rg BT 402.67 193.85 Td (described ) Tj ET Q q 0 0 0 rg BT 443.47 193.85 Td (in ) Tj ET Q q 0 0 0 rg BT 453.72 193.85 Td (the ) Tj ET Q q 0 0 0 rg BT 468.42 193.85 Td (notes ) Tj ET Q q 0 0 0 rg BT 492.01 193.85 Td (to ) Tj ET Q q 0 0 0 rg BT 502.27 193.85 Td (the ) Tj ET Q q 0 0 0 rg BT 516.96 193.85 Td (Company) Tj ET Q q 0 0 0 rg BT 558.63 193.85 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 181.85 Td (audited ) Tj ET Q q 0 0 0 rg BT 99.43 181.85 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 152.48 181.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 189.96 181.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 234.67 181.85 Td (for ) Tj ET Q q 0 0 0 rg BT 248.83 181.85 Td (the ) Tj ET Q q 0 0 0 rg BT 263.54 181.85 Td (year ) Tj ET Q q 0 0 0 rg BT 283.25 181.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 309.63 181.85 Td (June ) Tj ET Q q 0 0 0 rg BT 330.46 181.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 345.46 181.85 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 163.85 Td (Concurrent ) Tj ET Q q 0 0 0 rg BT 133.44 163.85 Td (with ) Tj ET Q q 0 0 0 rg BT 154.17 163.85 Td (closing ) Tj ET Q q 0 0 0 rg BT 186.01 163.85 Td (of ) Tj ET Q q 0 0 0 rg BT 197.29 163.85 Td (the ) Tj ET Q q 0 0 0 rg BT 212.46 163.85 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 261.79 163.85 Td (the ) Tj ET Q q 0 0 0 rg BT 276.96 163.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 318.80 163.85 Td (entered ) Tj ET Q q 0 0 0 rg BT 351.17 163.85 Td (into ) Tj ET Q q 0 0 0 rg BT 369.68 163.85 Td (a ) Tj ET Q q 0 0 0 rg BT 377.07 163.85 Td (new ) Tj ET Q q 0 0 0 rg BT 396.68 163.85 Td (Senior ) Tj ET Q q 0 0 0 rg BT 425.74 163.85 Td (Secured ) Tj ET Q q 0 0 0 rg BT 460.90 163.85 Td (Credit ) Tj ET Q q 0 0 0 rg BT 488.20 163.85 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 538.07 163.85 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 151.85 Td (consisted ) Tj ET Q q 0 0 0 rg BT 107.01 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 117.63 151.85 Td (a ) Tj ET Q q 0 0 0 rg BT 124.37 151.85 Td (US$30.0 ) Tj ET Q q 0 0 0 rg BT 161.94 151.85 Td (million ) Tj ET Q q 0 0 0 rg BT 193.13 151.85 Td (\($37.6 ) Tj ET Q q 0 0 0 rg BT 221.25 151.85 Td (million\) ) Tj ET Q q 0 0 0 rg BT 255.77 151.85 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 299.73 151.85 Td (Facility ) Tj ET Q q 0 0 0 rg BT 332.57 151.85 Td (and ) Tj ET Q q 0 0 0 rg BT 349.31 151.85 Td (US$495.0 ) Tj ET Q q 0 0 0 rg BT 391.88 151.85 Td (million ) Tj ET Q q 0 0 0 rg BT 422.90 151.85 Td (T) Tj ET Q q 0 0 0 rg BT 428.31 151.85 Td (erm ) Tj ET Q q 0 0 0 rg BT 446.15 151.85 Td (Facility ) Tj ET Q q 0 0 0 rg BT 479.00 151.85 Td (and ) Tj ET Q q 0 0 0 rg BT 495.73 151.85 Td (also ) Tj ET Q q 0 0 0 rg BT 514.13 151.85 Td (completed ) Tj ET Q q 0 0 0 rg BT 558.08 151.85 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 139.85 Td ($140.0 ) Tj ET Q q 0 0 0 rg BT 98.06 139.85 Td (million ) Tj ET Q q 0 0 0 rg BT 130.02 139.85 Td (of) Tj ET Q q 0 0 0 rg BT 138.17 139.85 Td (fering ) Tj ET Q q 0 0 0 rg BT 165.11 139.85 Td (of ) Tj ET Q q 0 0 0 rg BT 176.50 139.85 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 226.77 139.85 Td (Debentures. ) Tj ET Q q 0 0 0 rg BT 277.65 139.85 Td (The ) Tj ET Q q 0 0 0 rg BT 296.26 139.85 Td (net ) Tj ET Q q 0 0 0 rg BT 311.54 139.85 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 350.14 139.85 Td (from ) Tj ET Q q 0 0 0 rg BT 372.64 139.85 Td (both ) Tj ET Q q 0 0 0 rg BT 393.49 139.85 Td (the ) Tj ET Q q 0 0 0 rg BT 408.77 139.85 Td (Senior ) Tj ET Q q 0 0 0 rg BT 437.94 139.85 Td (Secured ) Tj ET Q q 0 0 0 rg BT 473.21 139.85 Td (Credit ) Tj ET Q q 0 0 0 rg BT 500.59 139.85 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 548.08 139.85 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 127.85 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 116.42 127.85 Td (Debentures ) Tj ET Q q 0 0 0 rg BT 163.67 127.85 Td (were ) Tj ET Q q 0 0 0 rg BT 184.80 127.85 Td (used ) Tj ET Q q 0 0 0 rg BT 204.84 127.85 Td (to ) Tj ET Q q 0 0 0 rg BT 214.33 127.85 Td (fund ) Tj ET Q q 0 0 0 rg BT 234.37 127.85 Td (the ) Tj ET Q q 0 0 0 rg BT 248.30 127.85 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 296.39 127.85 Td (refinance ) Tj ET Q q 0 0 0 rg BT 335.29 127.85 Td (all ) Tj ET Q q 0 0 0 rg BT 346.99 127.85 Td (of ) Tj ET Q q 0 0 0 rg BT 357.03 127.85 Td (DHX ) Tj ET Q q 0 0 0 rg BT 380.41 127.85 Td (Media) Tj ET Q q 0 0 0 rg BT 408.73 127.85 Td (s ) Tj ET Q q 0 0 0 rg BT 414.33 127.85 Td (existing ) Tj ET Q q 0 0 0 rg BT 447.71 127.85 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 503.57 127.85 Td (and ) Tj ET Q q 0 0 0 rg BT 519.72 127.85 Td (for ) Tj ET Q q 0 0 0 rg BT 533.09 127.85 Td (general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 115.85 Td (corporate ) Tj ET Q q 0 0 0 rg BT 107.75 115.85 Td (purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 97.85 Td (On ) Tj ET Q q 0 0 0 rg BT 99.84 97.85 Td (June ) Tj ET Q q 0 0 0 rg BT 120.29 97.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 134.91 97.85 Td (2017, ) Tj ET Q q 0 0 0 rg BT 159.53 97.85 Td (the ) Tj ET Q q 0 0 0 rg BT 173.87 97.85 Td (Company) Tj ET Q q 0 0 0 rg BT 215.54 97.85 Td (s ) Tj ET Q q 0 0 0 rg BT 221.55 97.85 Td (former ) Tj ET Q q 0 0 0 rg BT 250.88 97.85 Td (revolving ) Tj ET Q q 0 0 0 rg BT 291.32 97.85 Td (facility ) Tj ET Q q 0 0 0 rg BT 321.76 97.85 Td (and ) Tj ET Q q 0 0 0 rg BT 338.32 97.85 Td (former ) Tj ET Q q 0 0 0 rg BT 367.65 97.85 Td (term ) Tj ET Q q 0 0 0 rg BT 388.10 97.85 Td (facility ) Tj ET Q q 0 0 0 rg BT 418.54 97.85 Td (were ) Tj ET Q q 0 0 0 rg BT 440.09 97.85 Td (repaid ) Tj ET Q q 0 0 0 rg BT 467.19 97.85 Td (in ) Tj ET Q q 0 0 0 rg BT 477.09 97.85 Td (full. ) Tj ET Q q 0 0 0 rg BT 495.60 97.85 Td (On ) Tj ET Q q 0 0 0 rg BT 509.94 97.85 Td (June ) Tj ET Q q 0 0 0 rg BT 530.39 97.85 Td (7, ) Tj ET Q q 0 0 0 rg BT 540.01 97.85 Td (2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 85.85 Td (the ) Tj ET Q q 0 0 0 rg BT 81.40 85.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 121.98 85.85 Td (issued ) Tj ET Q q 0 0 0 rg BT 148.66 85.85 Td (a ) Tj ET Q q 0 0 0 rg BT 154.79 85.85 Td (notice ) Tj ET Q q 0 0 0 rg BT 180.91 85.85 Td (of ) Tj ET Q q 0 0 0 rg BT 190.92 85.85 Td (redemption ) Tj ET Q q 0 0 0 rg BT 238.15 85.85 Td (for ) Tj ET Q q 0 0 0 rg BT 251.50 85.85 Td (all ) Tj ET Q q 0 0 0 rg BT 263.18 85.85 Td (of ) Tj ET Q q 0 0 0 rg BT 273.19 85.85 Td (its ) Tj ET Q q 0 0 0 rg BT 284.33 85.85 Td (senior ) Tj ET Q q 0 0 0 rg BT 310.45 85.85 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 352.68 85.85 Td (notes, ) Tj ET Q q 0 0 0 rg BT 377.97 85.85 Td (which ) Tj ET Q q 0 0 0 rg BT 404.09 85.85 Td (was ) Tj ET Q q 0 0 0 rg BT 421.33 85.85 Td (settled ) Tj ET Q q 0 0 0 rg BT 449.12 85.85 Td (for ) Tj ET Q q 0 0 0 rg BT 462.47 85.85 Td ($239.9 ) Tj ET Q q 0 0 0 rg BT 491.65 85.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 524.73 85.85 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 73.85 Td (all ) Tj ET Q q 0 0 0 rg BT 80.00 73.85 Td (accrued ) Tj ET Q q 0 0 0 rg BT 113.58 73.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 145.51 73.85 Td (and ) Tj ET Q q 0 0 0 rg BT 162.45 73.85 Td (the ) Tj ET Q q 0 0 0 rg BT 177.17 73.85 Td (early ) Tj ET Q q 0 0 0 rg BT 199.65 73.85 Td (redemption ) Tj ET Q q 0 0 0 rg BT 247.70 73.85 Td (penalty) Tj ET Q q 0 0 0 rg BT 276.48 73.85 Td (, ) Tj ET Q q 0 0 0 rg BT 281.48 73.85 Td (on ) Tj ET Q q 0 0 0 rg BT 293.98 73.85 Td (July ) Tj ET Q q 0 0 0 rg BT 313.15 73.85 Td (1) Tj ET Q q 0 0 0 rg BT 317.78 73.85 Td (1, ) Tj ET Q q 0 0 0 rg BT 327.78 73.85 Td (2017.) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 85.50 742.10 Td (For ) Tj ET Q q 0 0 0 rg BT 101.51 742.10 Td (further ) Tj ET Q q 0 0 0 rg BT 130.83 742.10 Td (details ) Tj ET Q q 0 0 0 rg BT 159.06 742.10 Td (on ) Tj ET Q q 0 0 0 rg BT 171.17 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.51 742.10 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 233.16 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 243.61 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 257.94 742.10 Td (Company) Tj ET Q q 0 0 0 rg BT 299.61 742.10 Td (s ) Tj ET Q q 0 0 0 rg BT 305.62 742.10 Td (previous ) Tj ET Q q 0 0 0 rg BT 342.17 742.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 395.95 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 412.50 742.10 Td (its ) Tj ET Q q 0 0 0 rg BT 424.07 742.10 Td (new ) Tj ET Q q 0 0 0 rg BT 442.85 742.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 462.18 742.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 498.73 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 515.29 742.10 Td (Convertible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 730.10 Td (Debentures, ) Tj ET Q q 0 0 0 rg BT 119.80 730.10 Td (see ) Tj ET Q q 0 0 0 rg BT 136.83 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.30 730.10 Td (Bank ) Tj ET Q q 0 0 0 rg BT 178.67 730.10 Td (Indebtedness, ) Tj ET Q q 0 0 0 rg BT 237.64 730.10 Td (Long-T) Tj ET Q q 0 0 0 rg BT 267.49 730.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 287.29 730.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 310.99 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 329.69 730.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 381.16 730.10 Td (Debenture ) Tj ET Q q 0 0 0 rg BT 427.07 730.10 Td (sections ) Tj ET Q q 0 0 0 rg BT 463.54 730.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 494.18 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 512.88 730.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 538.25 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.28 730.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 718.10 Td (Company) Tj ET Q q 0 0 0 rg BT 109.17 718.10 Td (s ) Tj ET Q q 0 0 0 rg BT 115.56 718.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 168.60 718.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 206.08 718.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 250.79 718.10 Td (for ) Tj ET Q q 0 0 0 rg BT 264.95 718.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 291.34 718.10 Td (2018.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td (Acquisition of ) Tj ET Q q 0 0 0 rg BT 127.89 700.10 Td (Y) Tj ET Q q 0 0 0 rg BT 132.89 700.10 Td (ouT) Tj ET Q q 0 0 0 rg BT 149.18 700.10 Td (ube Channels) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 682.10 Td (As ) Tj ET Q q 0 0 0 rg BT 99.38 682.10 Td (part ) Tj ET Q q 0 0 0 rg BT 117.70 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 128.80 682.10 Td (our ) Tj ET Q q 0 0 0 rg BT 144.90 682.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 179.33 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 189.88 682.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 222.07 682.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 267.61 682.10 Td (independent ) Tj ET Q q 0 0 0 rg BT 319.25 682.10 Td (kids) Tj ET Q q 0 0 0 rg BT 338.51 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.28 682.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 379.04 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 389.59 682.10 Td (add ) Tj ET Q q 0 0 0 rg BT 406.80 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 417.15 682.10 Td (W) Tj ET Q q 0 0 0 rg BT 426.18 682.10 Td (ildBrain) Tj ET Q q 0 0 0 rg BT 461.74 682.10 Td (s ) Tj ET Q q 0 0 0 rg BT 468.40 682.10 Td (growing ) Tj ET Q q 0 0 0 rg BT 504.50 682.10 Td (size ) Tj ET Q q 0 0 0 rg BT 522.82 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 540.03 682.10 Td (scale) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 560.01 682.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 82.12 670.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 123.41 670.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 160.23 670.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 196.52 670.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 223.92 670.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 255.75 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 265.93 670.10 Td (two ) Tj ET Q q 0 0 0 rg BT 283.33 670.10 Td (children ) Tj ET Q q 0 0 0 rg BT 318.50 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 335.34 670.10 Td (family-focused ) Tj ET Q q 0 0 0 rg BT 397.92 670.10 Td (Y) Tj ET Q q 0 0 0 rg BT 404.14 670.10 Td (ouT) Tj ET Q q 0 0 0 rg BT 419.90 670.10 Td (ube ) Tj ET Q q 0 0 0 rg BT 436.74 670.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 476.63 670.10 Td (Kiddyzuzaa ) Tj ET Q q 0 0 0 rg BT 526.78 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 543.62 670.10 Td (Ellie ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 658.10 Td (Sparkles:) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 67.5 638.7669921875 m 115.25390625 638.7669921875 l s q 0 0 0 rg BT 67.50 640.10 Td (Kiddyzuzaa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 622.10 Td (On ) Tj ET Q q 0 0 0 rg BT 100.74 622.10 Td (March ) Tj ET Q q 0 0 0 rg BT 129.86 622.10 Td (3, ) Tj ET Q q 0 0 0 rg BT 140.38 622.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 165.90 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.13 622.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 223.04 622.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 260.48 622.10 Td (an ) Tj ET Q q 0 0 0 rg BT 272.94 622.10 Td (80% ) Tj ET Q q 0 0 0 rg BT 294.29 622.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 326.74 622.10 Td (in ) Tj ET Q q 0 0 0 rg BT 337.54 622.10 Td (Kiddyzuzaa, ) Tj ET Q q 0 0 0 rg BT 390.81 622.10 Td (which ) Tj ET Q q 0 0 0 rg BT 418.27 622.10 Td (produced ) Tj ET Q q 0 0 0 rg BT 458.49 622.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 505.94 622.10 Td (content ) Tj ET Q q 0 0 0 rg BT 538.39 622.10 Td (for ) Tj ET Q q 0 0 0 rg BT 553.07 622.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 610.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 103.59 610.10 Td (garnering ) Tj ET Q q 0 0 0 rg BT 144.41 610.10 Td (an ) Tj ET Q q 0 0 0 rg BT 156.35 610.10 Td (average ) Tj ET Q q 0 0 0 rg BT 189.93 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 200.76 610.10 Td (68 ) Tj ET Q q 0 0 0 rg BT 213.26 610.10 Td (million ) Tj ET Q q 0 0 0 rg BT 244.65 610.10 Td (views ) Tj ET Q q 0 0 0 rg BT 270.48 610.10 Td (per ) Tj ET Q q 0 0 0 rg BT 285.75 610.10 Td (month ) Tj ET Q q 0 0 0 rg BT 313.81 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 324.09 610.10 Td (2016. ) Tj ET Q q 0 0 0 rg BT 349.09 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 351.41 610.10 Td (The ) Tj ET Q q 0 0 0 rg BT 369.45 610.10 Td (following ) Tj ET Q q 0 0 0 rg BT 410.84 610.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 467.21 610.10 Td (was ) Tj ET Q q 0 0 0 rg BT 485.26 610.10 Td (paid:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 592.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 592.10 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 123.05 592.10 Td (million ) Tj ET Q q 0 0 0 rg BT 153.99 592.10 Td (\($2.1 ) Tj ET Q q 0 0 0 rg BT 176.86 592.10 Td (million\) ) Tj ET Q q 0 0 0 rg BT 211.13 592.10 Td (in ) Tj ET Q q 0 0 0 rg BT 220.96 592.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 240.77 592.10 Td (at ) Tj ET Q q 0 0 0 rg BT 250.04 592.10 Td (closing, ) Tj ET Q q 0 0 0 rg BT 283.47 592.10 Td (with ) Tj ET Q q 0 0 0 rg BT 303.30 592.10 Td (two ) Tj ET Q q 0 0 0 rg BT 320.35 592.10 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 366.83 592.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 407.20 592.10 Td (of ) Tj ET Q q 0 0 0 rg BT 417.58 592.10 Td (0.2 ) Tj ET Q q 0 0 0 rg BT 437.13 592.10 Td (million ) Tj ET Q q 0 0 0 rg BT 468.07 592.10 Td (\($0.3 ) Tj ET Q q 0 0 0 rg BT 490.95 592.10 Td (million\) ) Tj ET Q q 0 0 0 rg BT 525.21 592.10 Td (each, ) Tj ET Q q 0 0 0 rg BT 548.08 592.10 Td (due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 580.10 Td (on ) Tj ET Q q 0 0 0 rg BT 98.00 580.10 Td (the ) Tj ET Q q 0 0 0 rg BT 112.72 580.10 Td (first ) Tj ET Q q 0 0 0 rg BT 131.33 580.10 Td (and ) Tj ET Q q 0 0 0 rg BT 148.26 580.10 Td (second ) Tj ET Q q 0 0 0 rg BT 178.53 580.10 Td (anniversaries ) Tj ET Q q 0 0 0 rg BT 233.79 580.10 Td (from ) Tj ET Q q 0 0 0 rg BT 255.72 580.10 Td (closing; ) Tj ET Q q 0 0 0 rg BT 289.89 580.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 562.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 562.10 Td (A) Tj ET Q q 0 0 0 rg BT 110.17 562.10 Td ( ) Tj ET Q q 0 0 0 rg BT 112.57 562.10 Td (performance-based ) Tj ET Q q 0 0 0 rg BT 191.59 562.10 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 227.31 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 238.04 562.10 Td (up ) Tj ET Q q 0 0 0 rg BT 250.44 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 260.61 562.10 Td (0.3 ) Tj ET Q q 0 0 0 rg BT 280.51 562.10 Td (million ) Tj ET Q q 0 0 0 rg BT 311.81 562.10 Td (\($0.5 ) Tj ET Q q 0 0 0 rg BT 335.04 562.10 Td (million\) ) Tj ET Q q 0 0 0 rg BT 369.66 562.10 Td (based ) Tj ET Q q 0 0 0 rg BT 394.83 562.10 Td (on ) Tj ET Q q 0 0 0 rg BT 407.23 562.10 Td (total ) Tj ET Q q 0 0 0 rg BT 427.40 562.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 477.00 562.10 Td (exploitation ) Tj ET Q q 0 0 0 rg BT 527.16 562.10 Td (over ) Tj ET Q q 0 0 0 rg BT 547.33 562.10 Td (a ) Tj ET Q q 0 0 0 rg BT 554.17 562.10 Td (2-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 550.10 Td (year ) Tj ET Q q 0 0 0 rg BT 105.21 550.10 Td (period ) Tj ET Q q 0 0 0 rg BT 133.25 550.10 Td (following ) Tj ET Q q 0 0 0 rg BT 174.64 550.10 Td (closing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 532.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.69 532.10 Td (Company) Tj ET Q q 0 0 0 rg BT 146.35 532.10 Td (s ) Tj ET Q q 0 0 0 rg BT 153.89 532.10 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 196.96 532.10 Td (condensed ) Tj ET Q q 0 0 0 rg BT 242.81 532.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 275.34 532.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 313.96 532.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 359.82 532.10 Td (for ) Tj ET Q q 0 0 0 rg BT 375.12 532.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.98 532.10 Td (period ) Tj ET Q q 0 0 0 rg BT 420.17 532.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 447.69 532.10 Td (March ) Tj ET Q q 0 0 0 rg BT 477.43 532.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 493.57 532.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 517.21 532.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 550.29 532.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 520.10 Td (Company) Tj ET Q q 0 0 0 rg BT 109.17 520.10 Td (s ) Tj ET Q q 0 0 0 rg BT 115.56 520.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 153.59 520.10 Td (price ) Tj ET Q q 0 0 0 rg BT 176.08 520.10 Td (allocation, ) Tj ET Q q 0 0 0 rg BT 220.51 520.10 Td (which ) Tj ET Q q 0 0 0 rg BT 247.45 520.10 Td (was ) Tj ET Q q 0 0 0 rg BT 265.50 520.10 Td (finalized ) Tj ET Q q 0 0 0 rg BT 302.98 520.10 Td (during ) Tj ET Q q 0 0 0 rg BT 331.59 520.10 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 346.31 520.10 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 67.5 500.7669921875 m 123.3203125 500.7669921875 l s q 0 0 0 rg BT 67.50 502.10 Td (Ellie ) Tj ET Q q 0 0 0 rg BT 88.88 502.10 Td (Sparkles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 484.10 Td (On ) Tj ET Q q 0 0 0 rg BT 100.22 484.10 Td (September ) Tj ET Q q 0 0 0 rg BT 145.49 484.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 160.49 484.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 185.49 484.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.20 484.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 241.59 484.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 278.51 484.10 Td (a ) Tj ET Q q 0 0 0 rg BT 285.45 484.10 Td (51% ) Tj ET Q q 0 0 0 rg BT 306.28 484.10 Td (stake ) Tj ET Q q 0 0 0 rg BT 329.33 484.10 Td (in ) Tj ET Q q 0 0 0 rg BT 339.61 484.10 Td (Ellie ) Tj ET Q q 0 0 0 rg BT 360.99 484.10 Td (Sparkles ) Tj ET Q q 0 0 0 rg BT 397.93 484.10 Td (for ) Tj ET Q q 0 0 0 rg BT 412.09 484.10 Td (the ) Tj ET Q q 0 0 0 rg BT 426.80 484.10 Td (following ) Tj ET Q q 0 0 0 rg BT 468.19 484.10 Td (consideration:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 466.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 466.10 Td (US$3.6 million \($4.4 million\) in cash paid at closing, subject to a customary working capital adjustment; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 448.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 448.10 Td (T) Tj ET Q q 0 0 0 rg BT 108.91 448.10 Td (wo performance-based earn-outs of up to US$1.0 million \($1.2 million\) each, payable on the first and second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 436.10 Td (anniversaries of closing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 418.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.51 418.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 150.55 418.10 Td (audited ) Tj ET Q q 0 0 0 rg BT 182.44 418.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 235.44 418.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 272.88 418.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 317.55 418.10 Td (for ) Tj ET Q q 0 0 0 rg BT 331.67 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 346.35 418.10 Td (year ) Tj ET Q q 0 0 0 rg BT 366.02 418.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 392.36 418.10 Td (June ) Tj ET Q q 0 0 0 rg BT 413.15 418.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 428.11 418.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 450.57 418.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 482.46 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.14 418.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 544.18 418.10 Td (final ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 406.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 105.54 406.10 Td (price ) Tj ET Q q 0 0 0 rg BT 128.02 406.10 Td (allocation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 388.10 Td (Licensing ) Tj ET Q q 0 0 0 rg BT 110.56 388.10 Td (of ) Tj ET Q q 0 0 0 rg BT 121.39 388.10 Td (Interactive/Digital ) Tj ET Q q 0 0 0 rg BT 199.43 388.10 Td (Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 370.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 89.76 370.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 119.40 370.10 Td (September ) Tj ET Q q 0 0 0 rg BT 164.59 370.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 179.53 370.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 204.47 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 219.12 370.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 260.44 370.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 292.30 370.10 Td (into ) Tj ET Q q 0 0 0 rg BT 310.29 370.10 Td (a ) Tj ET Q q 0 0 0 rg BT 317.17 370.10 Td (revenue-based ) Tj ET Q q 0 0 0 rg BT 377.35 370.10 Td (royalty ) Tj ET Q q 0 0 0 rg BT 408.11 370.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 452.18 370.10 Td (with ) Tj ET Q q 0 0 0 rg BT 472.40 370.10 Td (Epic ) Tj ET Q q 0 0 0 rg BT 493.16 370.10 Td (Story ) Tj ET Q q 0 0 0 rg BT 517.26 370.10 Td (Interactive, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 358.10 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 88.57 358.10 Td (a ) Tj ET Q q 0 0 0 rg BT 96.31 358.10 Td (company ) Tj ET Q q 0 0 0 rg BT 136.26 358.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 180.11 358.10 Td (by ) Tj ET Q q 0 0 0 rg BT 193.41 358.10 Td (Ken ) Tj ET Q q 0 0 0 rg BT 213.37 358.10 Td (Faier) Tj ET Q q 0 0 0 rg BT 233.52 358.10 Td (, ) Tj ET Q q 0 0 0 rg BT 239.32 358.10 Td (a ) Tj ET Q q 0 0 0 rg BT 247.06 358.10 Td (former ) Tj ET Q q 0 0 0 rg BT 277.56 358.10 Td (Senior ) Tj ET Q q 0 0 0 rg BT 306.73 358.10 Td (V) Tj ET Q q 0 0 0 rg BT 313.35 358.10 Td (ice-President ) Tj ET Q q 0 0 0 rg BT 368.86 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 380.49 358.10 Td (DHX ) Tj ET Q q 0 0 0 rg BT 405.45 358.10 Td (Media. ) Tj ET Q q 0 0 0 rg BT 436.56 358.10 Td (The ) Tj ET Q q 0 0 0 rg BT 455.41 358.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 500.35 358.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 535.31 358.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 346.10 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 113.70 346.10 Td (properties ) Tj ET Q q 0 0 0 rg BT 155.47 346.10 Td (from ) Tj ET Q q 0 0 0 rg BT 176.68 346.10 Td (DHX ) Tj ET Q q 0 0 0 rg BT 200.13 346.10 Td (Media ) Tj ET Q q 0 0 0 rg BT 227.45 346.10 Td (for ) Tj ET Q q 0 0 0 rg BT 240.89 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 254.89 346.10 Td (purpose ) Tj ET Q q 0 0 0 rg BT 288.33 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 298.44 346.10 Td (supporting ) Tj ET Q q 0 0 0 rg BT 342.99 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.99 346.10 Td (development, ) Tj ET Q q 0 0 0 rg BT 412.92 346.10 Td (publishing, ) Tj ET Q q 0 0 0 rg BT 459.42 346.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.64 346.10 Td (exploitation ) Tj ET Q q 0 0 0 rg BT 525.19 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 535.30 346.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 334.10 Td (gaming ) Tj ET Q q 0 0 0 rg BT 99.54 334.10 Td (apps, ) Tj ET Q q 0 0 0 rg BT 122.42 334.10 Td (while ) Tj ET Q q 0 0 0 rg BT 146.68 334.10 Td (also ) Tj ET Q q 0 0 0 rg BT 164.83 334.10 Td (assuming ) Tj ET Q q 0 0 0 rg BT 204.66 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.92 334.10 Td (employment ) Tj ET Q q 0 0 0 rg BT 270.96 334.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 318.54 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 328.91 334.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 388.72 334.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 400.76 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 411.14 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.40 334.10 Td (Company) Tj ET Q q 0 0 0 rg BT 467.07 334.10 Td (s ) Tj ET Q q 0 0 0 rg BT 473.00 334.10 Td (interactive ) Tj ET Q q 0 0 0 rg BT 517.25 334.10 Td (employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 322.10 Td (Ken ) Tj ET Q q 0 0 0 rg BT 86.66 322.10 Td (Faier ) Tj ET Q q 0 0 0 rg BT 109.71 322.10 Td (continues ) Tj ET Q q 0 0 0 rg BT 150.53 322.10 Td (to ) Tj ET Q q 0 0 0 rg BT 160.81 322.10 Td (serve ) Tj ET Q q 0 0 0 rg BT 184.41 322.10 Td (as ) Tj ET Q q 0 0 0 rg BT 195.24 322.10 Td (an ) Tj ET Q q 0 0 0 rg BT 207.18 322.10 Td (Executive ) Tj ET Q q 0 0 0 rg BT 249.66 322.10 Td (Producer ) Tj ET Q q 0 0 0 rg BT 288.26 322.10 Td (on ) Tj ET Q q 0 0 0 rg BT 300.76 322.10 Td (a ) Tj ET Q q 0 0 0 rg BT 307.70 322.10 Td (number ) Tj ET Q q 0 0 0 rg BT 340.74 322.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.57 322.10 Td (DHX ) Tj ET Q q 0 0 0 rg BT 375.74 322.10 Td (Media) Tj ET Q q 0 0 0 rg BT 404.06 322.10 Td (s ) Tj ET Q q 0 0 0 rg BT 410.45 322.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 457.38 322.10 Td (productions.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 302.90 Td (Shar) Tj ET Q q 0 0 0 rg BT 89.92 302.90 Td (e Capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 284.90 Td (As at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.83 284.90 Td (September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.09 284.90 Td (, DHX Media) Tj ET Q q 0 0 0 rg BT 246.58 284.90 Td (s issued and outstanding share capital is summarized as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 174.5 240.39999999999998 m 376.5 240.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 240.39999999999998 m 454.5 240.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 174.5 240.39999999999998 m 376.5 240.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 240.39999999999998 m 454.5 240.39999999999998 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 258.97 Td (Common ) Tj ET Q q 0 0 0 rg BT 216.64 258.97 Td (V) Tj ET Q q 0 0 0 rg BT 223.12 258.97 Td (oting Shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 258.97 Td (52,900,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 244.97 Td (V) Tj ET Q q 0 0 0 rg BT 183.67 244.97 Td (ariable ) Tj ET Q q 0 0 0 rg BT 212.73 244.97 Td (V) Tj ET Q q 0 0 0 rg BT 219.21 244.97 Td (oting Shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 244.97 Td (81,481,618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 230.97 Td (T) Tj ET Q q 0 0 0 rg BT 182.76 230.97 Td (otal Common Shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 230.97 Td (134,382,051) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 216.97 Td (Preferred ) Tj ET Q q 0 0 0 rg BT 216.61 216.97 Td (V) Tj ET Q q 0 0 0 rg BT 223.18 216.97 Td (ariable ) Tj ET Q q 0 0 0 rg BT 252.24 216.97 Td (V) Tj ET Q q 0 0 0 rg BT 258.73 216.97 Td (oting Shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 216.97 Td (100,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 202.97 Td (Options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 202.97 Td (12,026,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 188.97 Td (Performance Share Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 188.97 Td (68,91) Tj ET Q q 0 0 0 rg BT 445.65 188.97 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 160.90 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 122.82 160.90 Td (to ) Tj ET Q q 0 0 0 rg BT 132.92 160.90 Td (DHX ) Tj ET Q q 0 0 0 rg BT 156.91 160.90 Td (Media) Tj ET Q q 0 0 0 rg BT 185.23 160.90 Td (s ) Tj ET Q q 0 0 0 rg BT 191.44 160.90 Td (articles ) Tj ET Q q 0 0 0 rg BT 222.64 160.90 Td (of ) Tj ET Q q 0 0 0 rg BT 233.29 160.90 Td (incorporation ) Tj ET Q q 0 0 0 rg BT 289.48 160.90 Td (and ) Tj ET Q q 0 0 0 rg BT 306.24 160.90 Td (the ) Tj ET Q q 0 0 0 rg BT 320.78 160.90 Td (Broadcasting ) Tj ET Q q 0 0 0 rg BT 375.35 160.90 Td (Act ) Tj ET Q q 0 0 0 rg BT 392.11 160.90 Td (\(Canada\), ) Tj ET Q q 0 0 0 rg BT 433.57 160.90 Td (the ) Tj ET Q q 0 0 0 rg BT 448.11 160.90 Td (Common ) Tj ET Q q 0 0 0 rg BT 487.49 160.90 Td (V) Tj ET Q q 0 0 0 rg BT 493.42 160.90 Td (oting ) Tj ET Q q 0 0 0 rg BT 516.30 160.90 Td (Shares ) Tj ET Q q 0 0 0 rg BT 545.28 160.90 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 148.90 Td (only ) Tj ET Q q 0 0 0 rg BT 87.36 148.90 Td (be ) Tj ET Q q 0 0 0 rg BT 98.88 148.90 Td (held ) Tj ET Q q 0 0 0 rg BT 118.17 148.90 Td (and ) Tj ET Q q 0 0 0 rg BT 134.69 148.90 Td (controlled ) Tj ET Q q 0 0 0 rg BT 177.31 148.90 Td (by ) Tj ET Q q 0 0 0 rg BT 189.39 148.90 Td (Canadians, ) Tj ET Q q 0 0 0 rg BT 235.62 148.90 Td (and ) Tj ET Q q 0 0 0 rg BT 252.14 148.90 Td (the ) Tj ET Q q 0 0 0 rg BT 266.29 148.90 Td (V) Tj ET Q q 0 0 0 rg BT 272.40 148.90 Td (ariable ) Tj ET Q q 0 0 0 rg BT 301.53 148.90 Td (V) Tj ET Q q 0 0 0 rg BT 307.46 148.90 Td (oting ) Tj ET Q q 0 0 0 rg BT 330.10 148.90 Td (Shares ) Tj ET Q q 0 0 0 rg BT 358.84 148.90 Td (may ) Tj ET Q q 0 0 0 rg BT 378.13 148.90 Td (only ) Tj ET Q q 0 0 0 rg BT 397.99 148.90 Td (be ) Tj ET Q q 0 0 0 rg BT 409.51 148.90 Td (held ) Tj ET Q q 0 0 0 rg BT 428.80 148.90 Td (and ) Tj ET Q q 0 0 0 rg BT 445.32 148.90 Td (controlled ) Tj ET Q q 0 0 0 rg BT 487.94 148.90 Td (by ) Tj ET Q q 0 0 0 rg BT 500.02 148.90 Td (non-Canadians. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 136.90 Td (The ) Tj ET Q q 0 0 0 rg BT 85.39 136.90 Td (dual-class ) Tj ET Q q 0 0 0 rg BT 127.73 136.90 Td (share ) Tj ET Q q 0 0 0 rg BT 151.17 136.90 Td (structure ) Tj ET Q q 0 0 0 rg BT 188.51 136.90 Td (is ) Tj ET Q q 0 0 0 rg BT 197.52 136.90 Td (required ) Tj ET Q q 0 0 0 rg BT 233.19 136.90 Td (to ) Tj ET Q q 0 0 0 rg BT 243.31 136.90 Td (enable ) Tj ET Q q 0 0 0 rg BT 271.75 136.90 Td (the ) Tj ET Q q 0 0 0 rg BT 286.32 136.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 327.55 136.90 Td (to ) Tj ET Q q 0 0 0 rg BT 337.68 136.90 Td (comply ) Tj ET Q q 0 0 0 rg BT 370.02 136.90 Td (with ) Tj ET Q q 0 0 0 rg BT 390.15 136.90 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 430.26 136.90 Td (ownership ) Tj ET Q q 0 0 0 rg BT 474.27 136.90 Td (rules ) Tj ET Q q 0 0 0 rg BT 496.05 136.90 Td (as ) Tj ET Q q 0 0 0 rg BT 506.73 136.90 Td (an ) Tj ET Q q 0 0 0 rg BT 518.52 136.90 Td (operator ) Tj ET Q q 0 0 0 rg BT 554.18 136.90 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 124.90 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 108.61 124.90 Td (assets. ) Tj ET Q q 0 0 0 rg BT 137.03 124.90 Td (The ) Tj ET Q q 0 0 0 rg BT 155.37 124.90 Td (preferred ) Tj ET Q q 0 0 0 rg BT 194.80 124.90 Td (variable ) Tj ET Q q 0 0 0 rg BT 229.80 124.90 Td (voting ) Tj ET Q q 0 0 0 rg BT 258.15 124.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 285.94 124.90 Td (were ) Tj ET Q q 0 0 0 rg BT 308.16 124.90 Td (instituted ) Tj ET Q q 0 0 0 rg BT 348.18 124.90 Td (prior ) Tj ET Q q 0 0 0 rg BT 370.41 124.90 Td (to ) Tj ET Q q 0 0 0 rg BT 380.98 124.90 Td (the ) Tj ET Q q 0 0 0 rg BT 395.99 124.90 Td (Company) Tj ET Q q 0 0 0 rg BT 437.66 124.90 Td (s ) Tj ET Q q 0 0 0 rg BT 444.34 124.90 Td (initial ) Tj ET Q q 0 0 0 rg BT 470.47 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ET q 0 0 0 rg BT 67.50 100.90 Td (for ) Tj ET Q q 0 0 0 rg BT 81.25 100.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 95.56 100.90 Td (credits. ) Tj ET Q q 0 0 0 rg BT 126.81 100.90 Td (For ) Tj ET Q q 0 0 0 rg BT 142.80 100.90 Td (additional ) Tj ET Q q 0 0 0 rg BT 184.88 100.90 Td (information ) Tj ET Q q 0 0 0 rg BT 234.19 100.90 Td (on ) Tj ET Q q 0 0 0 rg BT 246.28 100.90 Td (DHX ) Tj ET Q q 0 0 0 rg BT 270.04 100.90 Td (Media) Tj ET Q q 0 0 0 rg BT 298.37 100.90 Td (s ) Tj ET Q q 0 0 0 rg BT 304.35 100.90 Td (share ) Tj ET Q q 0 0 0 rg BT 327.54 100.90 Td (capital, ) Tj ET Q q 0 0 0 rg BT 358.79 100.90 Td (see ) Tj ET Q q 0 0 0 rg BT 373.65 100.90 Td (the ) Tj ET Q q 0 0 0 rg BT 387.96 100.90 Td (Company) Tj ET Q q 0 0 0 rg BT 429.63 100.90 Td (s ) Tj ET Q q 0 0 0 rg BT 435.61 100.90 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 461.59 100.90 Td (2018 ) Tj ET Q q 0 0 0 rg BT 483.22 100.90 Td (Annual ) Tj ET Q q 0 0 0 rg BT 514.76 100.90 Td (Information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 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(financial ) Tj ET Q q 0 0 0 rg BT 432.37 661.20 Td (statements ) Tj ET Q q 0 0 0 rg BT 477.17 661.20 Td (of ) Tj ET Q q 0 0 0 rg BT 488.09 661.20 Td (the ) Tj ET Q q 0 0 0 rg BT 502.90 661.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 544.37 661.20 Td (as ) Tj ET Q q 0 0 0 rg BT 555.29 661.20 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 649.20 Td (September ) Tj ET Q q 0 0 0 rg BT 112.76 649.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 127.76 649.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.76 649.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 630.00 Td (Critical ) Tj ET Q q 0 0 0 rg BT 105.68 630.00 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 162.21 630.00 Td (Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 612.00 Td (The ) Tj ET Q q 0 0 0 rg BT 103.00 612.00 Td (preparation ) Tj ET Q q 0 0 0 rg BT 150.49 612.00 Td (of ) Tj ET Q q 0 0 0 rg BT 160.78 612.00 Td (the ) Tj ET Q q 0 0 0 rg BT 174.95 612.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 211.89 612.00 Td 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BT 366.71 540.00 Td (website ) Tj ET Q q 0 0 0 rg BT 399.82 540.00 Td (at ) Tj ET Q q 0 0 0 rg BT 409.60 540.00 Td (www) Tj ET Q q 0 0 0 rg BT 430.62 540.00 Td (.dhxmedia.com ) Tj ET Q q 0 0 0 rg BT 494.83 540.00 Td (or ) Tj ET Q q 0 0 0 rg BT 505.72 540.00 Td (on ) Tj ET Q q 0 0 0 rg BT 518.29 540.00 Td (EDGAR ) Tj ET Q q 0 0 0 rg BT 555.29 540.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 528.00 Td (www) Tj ET Q q 0 0 0 rg BT 88.52 528.00 Td (.sec.gov/edgar) Tj ET Q q 0 0 0 rg BT 145.72 528.00 Td (.shtml.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 508.80 Td (Changes in ) Tj ET Q q 0 0 0 rg BT 121.91 508.80 Td (Accounting Policies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 490.80 Td (New ) Tj ET Q q 0 0 0 rg BT 88.88 490.80 Td (and ) Tj ET Q q 0 0 0 rg BT 107.50 490.80 Td (amended ) Tj ET Q q 0 0 0 rg BT 148.90 490.80 Td (standards ) Tj ET Q q 0 0 0 rg BT 193.63 490.80 Td (adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 472.80 Td (i\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.50 472.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 126.55 472.80 Td (9, ) Tj ET Q q 0 0 0 rg BT 136.55 472.80 Td (Financial ) Tj ET Q q 0 0 0 rg BT 177.93 472.80 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 227.65 472.80 Td (\(") Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 235.18 472.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 260.47 472.80 Td (9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 265.47 472.80 Td ("\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 454.80 Td (Ef) Tj ET Q q 0 0 0 rg BT 135.26 454.80 Td (fective ) Tj ET Q q 0 0 0 rg BT 164.15 454.80 Td (July ) Tj ET Q q 0 0 0 rg BT 182.52 454.80 Td (1, ) Tj ET Q q 0 0 0 rg BT 191.71 454.80 Td (2018, ) Tj ET Q q 0 0 0 rg BT 215.90 454.80 Td (the ) Tj ET Q q 0 0 0 rg BT 229.81 454.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 270.39 454.80 Td (adopted ) Tj ET Q q 0 0 0 rg BT 303.74 454.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 326.56 454.80 Td (9, ) Tj ET Q q 0 0 0 rg BT 335.75 454.80 Td (which ) Tj ET Q q 0 0 0 rg BT 361.88 454.80 Td (establishes ) Tj ET Q q 0 0 0 rg BT 406.90 454.80 Td (a ) Tj ET Q q 0 0 0 rg BT 413.03 454.80 Td (single ) Tj ET Q q 0 0 0 rg BT 438.61 454.80 Td (classification ) Tj ET Q q 0 0 0 rg BT 493.07 454.80 Td (and ) Tj ET Q q 0 0 0 rg BT 509.20 454.80 Td (measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 442.80 Td (approach ) Tj ET Q q 0 0 0 rg BT 142.61 442.80 Td (for ) Tj ET Q q 0 0 0 rg BT 156.74 442.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 194.19 442.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 219.99 442.80 Td (and ) Tj ET Q q 0 0 0 rg BT 236.89 442.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 274.34 442.80 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 314.02 442.80 Td (that ) Tj ET Q q 0 0 0 rg BT 331.49 442.80 Td (reflect ) Tj ET Q q 0 0 0 rg BT 359.48 442.80 Td (the ) Tj ET Q q 0 0 0 rg BT 374.17 442.80 Td (business ) Tj ET Q q 0 0 0 rg BT 410.53 442.80 Td (model ) Tj ET Q q 0 0 0 rg BT 437.99 442.80 Td (in ) Tj ET Q q 0 0 0 rg BT 448.24 442.80 Td (which ) Tj ET Q q 0 0 0 rg BT 475.14 442.80 Td (they ) Tj ET Q q 0 0 0 rg BT 494.83 442.80 Td (are ) Tj ET Q q 0 0 0 rg BT 509.50 442.80 Td (managed ) Tj ET Q q 0 0 0 rg BT 548.06 442.80 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 430.80 Td (their ) Tj ET Q q 0 0 0 rg BT 125.12 430.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 146.18 430.80 Td (flow ) Tj ET Q q 0 0 0 rg BT 167.80 430.80 Td (characteristics. ) Tj ET Q q 0 0 0 rg BT 230.78 430.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 255.19 430.80 Td (9 ) Tj ET Q q 0 0 0 rg BT 263.48 430.80 Td (also ) Tj ET Q q 0 0 0 rg BT 282.88 430.80 Td (provides ) Tj ET Q q 0 0 0 rg BT 320.61 430.80 Td (guidance ) Tj ET Q q 0 0 0 rg BT 359.99 430.80 Td (on ) Tj ET Q q 0 0 0 rg BT 373.29 430.80 Td (an ) Tj ET Q q 0 0 0 rg BT 386.01 430.80 Td (entity's ) Tj ET Q q 0 0 0 rg BT 417.77 430.80 Td (own ) Tj ET Q q 0 0 0 rg BT 438.29 430.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 464.34 430.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 482.63 430.80 Td (relating ) Tj ET Q q 0 0 0 rg BT 516.46 430.80 Td (to ) Tj ET Q q 0 0 0 rg BT 527.53 430.80 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 418.80 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 144.60 418.80 Td (and ) Tj ET Q q 0 0 0 rg BT 162.93 418.80 Td (amends ) Tj ET Q q 0 0 0 rg BT 197.36 418.80 Td (the ) Tj ET Q q 0 0 0 rg BT 213.47 418.80 Td (impairment ) Tj ET Q q 0 0 0 rg BT 263.45 418.80 Td (model ) Tj ET Q q 0 0 0 rg BT 292.33 418.80 Td (by ) Tj ET Q q 0 0 0 rg BT 306.22 418.80 Td (introducing ) Tj ET Q q 0 0 0 rg BT 356.21 418.80 Td (a ) Tj ET Q q 0 0 0 rg BT 364.54 418.80 Td (new ) Tj ET Q q 0 0 0 rg BT 385.08 418.80 Td ('expected ) Tj ET Q q 0 0 0 rg BT 426.30 418.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 452.95 418.80 Td (loss' ) Tj ET Q q 0 0 0 rg BT 474.20 418.80 Td (model ) Tj ET Q q 0 0 0 rg BT 503.08 418.80 Td (for ) Tj ET Q q 0 0 0 rg BT 518.63 418.80 Td (calculating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 406.80 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 154.60 406.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 178.22 406.80 Td (9 ) Tj ET Q q 0 0 0 rg BT 185.72 406.80 Td (replaces ) Tj ET Q q 0 0 0 rg BT 220.98 406.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 239.59 406.80 Td (39, ) Tj ET Q q 0 0 0 rg BT 254.59 406.80 Td (Financial ) Tj ET Q q 0 0 0 rg BT 294.30 406.80 Td (instruments: ) Tj ET Q q 0 0 0 rg BT 346.24 406.80 Td (recognition ) Tj ET Q q 0 0 0 rg BT 394.29 406.80 Td (and ) Tj ET Q q 0 0 0 rg BT 411.22 406.80 Td (measurement ) Tj ET Q q 0 0 0 rg BT 467.04 406.80 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.45 406.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 493.62 406.80 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.62 406.80 Td ("\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 388.80 Td (Under ) Tj ET Q q 0 0 0 rg BT 154.34 388.80 Td (the ) Tj ET Q q 0 0 0 rg BT 169.91 388.80 Td (previous ) Tj ET Q q 0 0 0 rg BT 207.70 388.80 Td (accounting ) Tj ET Q q 0 0 0 rg BT 254.93 388.80 Td (standard, ) Tj ET Q q 0 0 0 rg BT 294.65 388.80 Td (the ) Tj ET Q q 0 0 0 rg BT 310.22 388.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 352.46 388.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 396.34 388.80 Td (its ) Tj ET Q q 0 0 0 rg BT 409.14 388.80 Td (provision ) Tj ET Q q 0 0 0 rg BT 450.27 388.80 Td (for ) Tj ET Q q 0 0 0 rg BT 465.28 388.80 Td (impaired ) Tj ET Q q 0 0 0 rg BT 504.18 388.80 Td (receivables ) Tj ET Q q 0 0 0 rg BT 552.50 388.80 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 376.80 Td (applying ) Tj ET Q q 0 0 0 rg BT 142.28 376.80 Td (an ) Tj ET Q q 0 0 0 rg BT 155.51 376.80 Td ('incurred ) Tj ET Q q 0 0 0 rg BT 194.41 376.80 Td (loss' ) Tj ET Q q 0 0 0 rg BT 215.56 376.80 Td (model. ) Tj ET Q q 0 0 0 rg BT 246.84 376.80 Td (Under ) Tj ET Q q 0 0 0 rg BT 275.62 376.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 300.53 376.80 Td (9, ) Tj ET Q q 0 0 0 rg BT 311.81 376.80 Td (the ) Tj ET Q q 0 0 0 rg BT 327.81 376.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 370.49 376.80 Td (applied ) Tj ET Q q 0 0 0 rg BT 403.71 376.80 Td (the ) Tj ET Q q 0 0 0 rg BT 419.71 376.80 Td ('expected ) Tj ET Q q 0 0 0 rg BT 460.83 376.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 487.38 376.80 Td (loss' ) Tj ET Q q 0 0 0 rg BT 508.53 376.80 Td (model. ) Tj ET Q q 0 0 0 rg BT 539.54 376.80 Td (T) Tj ET Q q 0 0 0 rg BT 545.29 376.80 Td (rade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 364.80 Td (receivables, ) Tj ET Q q 0 0 0 rg BT 153.53 364.80 Td (goods ) Tj ET Q q 0 0 0 rg BT 179.98 364.80 Td (and ) Tj ET Q q 0 0 0 rg BT 196.97 364.80 Td (services ) Tj ET Q q 0 0 0 rg BT 231.74 364.80 Td (taxes ) Tj ET Q q 0 0 0 rg BT 254.84 364.80 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 304.03 364.80 Td (and ) Tj ET Q q 0 0 0 rg BT 321.03 364.80 Td (federal ) Tj ET Q q 0 0 0 rg BT 351.34 364.80 Td (and ) Tj ET Q q 0 0 0 rg BT 368.33 364.80 Td (provincial ) Tj ET Q q 0 0 0 rg BT 411.43 364.80 Td (film ) Tj ET Q q 0 0 0 rg BT 430.66 364.80 Td (tax ) Tj ET Q q 0 0 0 rg BT 445.43 364.80 Td (credits ) Tj ET Q q 0 0 0 rg BT 474.64 364.80 Td (and ) Tj ET Q q 0 0 0 rg BT 491.64 364.80 Td (other ) Tj ET Q q 0 0 0 rg BT 514.75 364.80 Td (government ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 352.80 Td (assistance ) Tj ET Q q 0 0 0 rg BT 146.49 352.80 Td (are ) Tj ET Q q 0 0 0 rg BT 161.70 352.80 Td (provided ) Tj ET Q q 0 0 0 rg BT 200.25 352.80 Td (for ) Tj ET Q q 0 0 0 rg BT 214.91 352.80 Td (based ) Tj ET Q q 0 0 0 rg BT 240.68 352.80 Td (on ) Tj ET Q q 0 0 0 rg BT 253.69 352.80 Td (estimated ) Tj ET Q q 0 0 0 rg BT 295.01 352.80 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 344.64 352.80 Td (amounts ) Tj ET Q q 0 0 0 rg BT 381.53 352.80 Td (as ) Tj ET Q q 0 0 0 rg BT 392.87 352.80 Td (determined ) Tj ET Q q 0 0 0 rg BT 440.85 352.80 Td (by ) Tj ET Q q 0 0 0 rg BT 453.85 352.80 Td (using ) Tj ET Q q 0 0 0 rg BT 478.52 352.80 Td (a ) Tj ET Q q 0 0 0 rg BT 485.97 352.80 Td (combination ) Tj ET Q q 0 0 0 rg BT 538.96 352.80 Td (of ) Tj ET Q q 0 0 0 rg BT 550.29 352.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 340.80 Td (customer's ) Tj ET Q q 0 0 0 rg BT 148.06 340.80 Td (historical ) Tj ET Q q 0 0 0 rg BT 187.49 340.80 Td (default ) Tj ET Q q 0 0 0 rg BT 217.47 340.80 Td (experience ) Tj ET Q q 0 0 0 rg BT 262.98 340.80 Td (and ) Tj ET Q q 0 0 0 rg BT 279.64 340.80 Td (expected ) Tj ET Q q 0 0 0 rg BT 317.38 340.80 Td (future ) Tj ET Q q 0 0 0 rg BT 343.47 340.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 368.45 340.80 Td (losses. ) Tj ET Q q 0 0 0 rg BT 397.06 340.80 Td (Goods ) Tj ET Q q 0 0 0 rg BT 425.38 340.80 Td (and ) Tj ET Q q 0 0 0 rg BT 442.04 340.80 Td (services ) Tj ET Q q 0 0 0 rg BT 476.46 340.80 Td (taxes ) Tj ET Q q 0 0 0 rg BT 499.22 340.80 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 548.07 340.80 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 328.80 Td (other ) Tj ET Q q 0 0 0 rg BT 126.88 328.80 Td (government ) Tj ET Q q 0 0 0 rg BT 177.48 328.80 Td (assistance ) Tj ET Q q 0 0 0 rg BT 220.30 328.80 Td (do ) Tj ET Q q 0 0 0 rg BT 233.13 328.80 Td (not ) Tj ET Q q 0 0 0 rg BT 248.74 328.80 Td (contain ) Tj ET Q q 0 0 0 rg BT 281.01 328.80 Td (any ) Tj ET Q q 0 0 0 rg BT 298.28 328.80 Td (significant ) Tj ET Q q 0 0 0 rg BT 343.33 328.80 Td (uncertainty) Tj ET Q q 0 0 0 rg BT 387.66 328.80 Td (. ) Tj ET Q q 0 0 0 rg BT 392.79 328.80 Td (The ) Tj ET Q q 0 0 0 rg BT 411.17 328.80 Td (resulting ) Tj ET Q q 0 0 0 rg BT 448.99 328.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 484.58 328.80 Td (to ) Tj ET Q q 0 0 0 rg BT 495.19 328.80 Td (the ) Tj ET Q q 0 0 0 rg BT 510.24 328.80 Td (provision ) Tj ET Q q 0 0 0 rg BT 550.86 328.80 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 316.80 Td (impaired ) Tj ET Q q 0 0 0 rg BT 141.54 316.80 Td (receivables ) Tj ET Q q 0 0 0 rg BT 189.01 316.80 Td (as ) Tj ET Q q 0 0 0 rg BT 199.84 316.80 Td (at ) Tj ET Q q 0 0 0 rg BT 209.56 316.80 Td (July ) Tj ET Q q 0 0 0 rg BT 228.73 316.80 Td (1, ) Tj ET Q q 0 0 0 rg BT 238.73 316.80 Td (2018 ) Tj ET Q q 0 0 0 rg BT 261.23 316.80 Td (was ) Tj ET Q q 0 0 0 rg BT 279.28 316.80 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 299.28 316.80 Td (million ) Tj ET Q q 0 0 0 rg BT 330.67 316.80 Td (with ) Tj ET Q q 0 0 0 rg BT 350.95 316.80 Td (a ) Tj ET Q q 0 0 0 rg BT 357.89 316.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 417.60 316.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 452.85 316.80 Td (to ) Tj ET Q q 0 0 0 rg BT 463.13 316.80 Td (opening ) Tj ET Q q 0 0 0 rg BT 497.85 316.80 Td (deficit. ) Tj ET Q q 0 0 0 rg BT 528.39 316.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 298.80 Td (In ) Tj ET Q q 0 0 0 rg BT 137.18 298.80 Td (addition, ) Tj ET Q q 0 0 0 rg BT 175.30 298.80 Td (the ) Tj ET Q q 0 0 0 rg BT 190.37 298.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 232.10 298.80 Td (previously ) Tj ET Q q 0 0 0 rg BT 277.17 298.80 Td (classified ) Tj ET Q q 0 0 0 rg BT 317.78 298.80 Td (its ) Tj ET Q q 0 0 0 rg BT 330.08 298.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 367.91 298.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 394.09 298.80 Td (as ) Tj ET Q q 0 0 0 rg BT 405.27 298.80 Td ('loans ) Tj ET Q q 0 0 0 rg BT 431.03 298.80 Td (and ) Tj ET Q q 0 0 0 rg BT 448.31 298.80 Td (receivables' ) Tj ET Q q 0 0 0 rg BT 497.94 298.80 Td (and ) Tj ET Q q 0 0 0 rg BT 515.22 298.80 Td (its ) Tj ET Q q 0 0 0 rg BT 527.52 298.80 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 286.80 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 142.02 286.80 Td (as ) Tj ET Q q 0 0 0 rg BT 151.66 286.80 Td ('other ) Tj ET Q q 0 0 0 rg BT 175.32 286.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 211.61 286.80 Td (liabilities', ) Tj ET Q q 0 0 0 rg BT 254.43 286.80 Td (both ) Tj ET Q q 0 0 0 rg BT 273.52 286.80 Td (of ) Tj ET Q q 0 0 0 rg BT 283.16 286.80 Td (which ) Tj ET Q q 0 0 0 rg BT 308.90 286.80 Td (were ) Tj ET Q q 0 0 0 rg BT 329.64 286.80 Td (measured ) Tj ET Q q 0 0 0 rg BT 369.26 286.80 Td (at ) Tj ET Q q 0 0 0 rg BT 377.79 286.80 Td (amortized ) Tj ET Q q 0 0 0 rg BT 419.07 286.80 Td (cost, ) Tj ET Q q 0 0 0 rg BT 438.99 286.80 Td (with ) Tj ET Q q 0 0 0 rg BT 458.08 286.80 Td (the ) Tj ET Q q 0 0 0 rg BT 471.60 286.80 Td (exception ) Tj ET Q q 0 0 0 rg BT 511.78 286.80 Td (of ) Tj ET Q q 0 0 0 rg BT 521.42 286.80 Td (embedded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 274.80 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 150.40 274.80 Td (which ) Tj ET Q q 0 0 0 rg BT 177.86 274.80 Td (was ) Tj ET Q q 0 0 0 rg BT 196.43 274.80 Td (classified ) Tj ET Q q 0 0 0 rg BT 237.22 274.80 Td (as ) Tj ET Q q 0 0 0 rg BT 248.58 274.80 Td ('Fair ) Tj ET Q q 0 0 0 rg BT 269.51 274.80 Td (value ) Tj ET Q q 0 0 0 rg BT 294.19 274.80 Td (through ) Tj ET Q q 0 0 0 rg BT 328.32 274.80 Td (profit ) Tj ET Q q 0 0 0 rg BT 353.56 274.80 Td (and ) Tj ET Q q 0 0 0 rg BT 371.02 274.80 Td (loss' ) Tj ET Q q 0 0 0 rg BT 391.41 274.80 Td (and ) Tj ET Q q 0 0 0 rg BT 408.87 274.80 Td (measured, ) Tj ET Q q 0 0 0 rg BT 452.71 274.80 Td (on ) Tj ET Q q 0 0 0 rg BT 465.74 274.80 Td (a ) Tj ET Q q 0 0 0 rg BT 473.20 274.80 Td (recurring ) Tj ET Q q 0 0 0 rg BT 512.87 274.80 Td (basis, ) Tj ET Q q 0 0 0 rg BT 538.39 274.80 Td (at ) Tj ET Q q 0 0 0 rg BT 548.63 274.80 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 262.80 Td (value. ) Tj ET Q q 0 0 0 rg BT 130.43 262.80 Td (Under ) Tj ET Q q 0 0 0 rg BT 158.20 262.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 182.10 262.80 Td (9, ) Tj ET Q q 0 0 0 rg BT 192.37 262.80 Td (the ) Tj ET Q q 0 0 0 rg BT 207.36 262.80 Td (measurement ) Tj ET Q q 0 0 0 rg BT 263.45 262.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 286.23 262.80 Td (would ) Tj ET Q q 0 0 0 rg BT 314.00 262.80 Td (remain ) Tj ET Q q 0 0 0 rg BT 344.54 262.80 Td (the ) Tj ET Q q 0 0 0 rg BT 359.54 262.80 Td (same ) Tj ET Q q 0 0 0 rg BT 382.86 262.80 Td (across ) Tj ET Q q 0 0 0 rg BT 410.62 262.80 Td (all ) Tj ET Q q 0 0 0 rg BT 423.40 262.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 461.15 262.80 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 513.09 262.80 Td (however ) Tj ET Q q 0 0 0 rg BT 550.30 262.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 250.80 Td (category ) Tj ET Q q 0 0 0 rg BT 141.57 250.80 Td (for ) Tj ET Q q 0 0 0 rg BT 156.87 250.80 Td (classification ) Tj ET Q q 0 0 0 rg BT 213.28 250.80 Td (has ) Tj ET Q q 0 0 0 rg BT 230.25 250.80 Td (been ) Tj ET Q q 0 0 0 rg BT 252.77 250.80 Td (amended ) Tj ET Q q 0 0 0 rg BT 292.51 250.80 Td (to ) Tj ET Q q 0 0 0 rg BT 303.94 250.80 Td ('Amortized ) Tj ET Q q 0 0 0 rg BT 352.15 250.80 Td (Cost' ) Tj ET Q q 0 0 0 rg BT 375.93 250.80 Td (for ) Tj ET Q q 0 0 0 rg BT 391.24 250.80 Td (its ) Tj ET Q q 0 0 0 rg BT 404.33 250.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 442.96 250.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 469.93 250.80 Td (classified ) Tj ET Q q 0 0 0 rg BT 511.34 250.80 Td (as ) Tj ET Q q 0 0 0 rg BT 523.32 250.80 Td (loans ) Tj ET Q q 0 0 0 rg BT 548.07 250.80 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 238.80 Td (receivables ) Tj ET Q q 0 0 0 rg BT 151.41 238.80 Td (and ) Tj ET Q q 0 0 0 rg BT 168.79 238.80 Td (and ) Tj ET Q q 0 0 0 rg BT 186.17 238.80 Td (its ) Tj ET Q q 0 0 0 rg BT 198.56 238.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 236.49 238.80 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 276.64 238.80 Td (classified ) Tj ET Q q 0 0 0 rg BT 317.35 238.80 Td (as ) Tj ET Q q 0 0 0 rg BT 328.62 238.80 Td (other ) Tj ET Q q 0 0 0 rg BT 352.11 238.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 390.03 238.80 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 432.69 238.80 Td (and ) Tj ET Q q 0 0 0 rg BT 450.07 238.80 Td (to ) Tj ET Q q 0 0 0 rg BT 460.79 238.80 Td ('Fair ) Tj ET Q q 0 0 0 rg BT 481.64 238.80 Td (value ) Tj ET Q q 0 0 0 rg BT 506.24 238.80 Td (through ) Tj ET Q q 0 0 0 rg BT 540.29 238.80 Td (profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 226.80 Td (and ) Tj ET Q q 0 0 0 rg BT 120.44 226.80 Td (loss' ) Tj ET Q q 0 0 0 rg BT 140.30 226.80 Td (for ) Tj ET Q q 0 0 0 rg BT 154.46 226.80 Td (its ) Tj ET Q q 0 0 0 rg BT 166.41 226.80 Td (embedded ) Tj ET Q q 0 0 0 rg BT 210.00 226.80 Td (derivative. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 208.80 Td (ii\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.50 208.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 126.55 208.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 141.55 208.80 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 177.91 208.80 Td (fr) Tj ET Q q 0 0 0 rg BT 184.21 208.80 Td (om ) Tj ET Q q 0 0 0 rg BT 198.93 208.80 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 240.88 208.80 Td (with ) Tj ET Q q 0 0 0 rg BT 260.60 208.80 Td (Customers ) Tj ET Q q 0 0 0 rg BT 305.89 208.80 Td (\() Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 314.78 208.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 340.07 208.80 Td (15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.07 208.80 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 190.80 Td (Ef) Tj ET Q q 0 0 0 rg BT 135.26 190.80 Td (fective ) Tj ET Q q 0 0 0 rg BT 164.86 190.80 Td (July ) Tj ET Q q 0 0 0 rg BT 183.92 190.80 Td (1, ) Tj ET Q q 0 0 0 rg BT 193.82 190.80 Td (2018, ) Tj ET Q q 0 0 0 rg BT 218.72 190.80 Td (the ) Tj ET Q q 0 0 0 rg BT 233.33 190.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 274.62 190.80 Td (adopted ) Tj ET Q q 0 0 0 rg BT 308.67 190.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 332.19 190.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 347.09 190.80 Td (which ) Tj ET Q q 0 0 0 rg BT 373.92 190.80 Td (establishes ) Tj ET Q q 0 0 0 rg BT 419.65 190.80 Td (a ) Tj ET Q q 0 0 0 rg BT 426.48 190.80 Td (new ) Tj ET Q q 0 0 0 rg BT 445.54 190.80 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 508.47 190.80 Td (framework ) Tj ET Q q 0 0 0 rg BT 554.74 190.80 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 178.80 Td (record ) Tj ET Q q 0 0 0 rg BT 130.55 178.80 Td (revenues ) Tj ET Q q 0 0 0 rg BT 167.60 178.80 Td (from ) Tj ET Q q 0 0 0 rg BT 188.56 178.80 Td (contracts ) Tj ET Q q 0 0 0 rg BT 226.17 178.80 Td (for ) Tj ET Q q 0 0 0 rg BT 239.34 178.80 Td (the ) Tj ET Q q 0 0 0 rg BT 253.07 178.80 Td (sale ) Tj ET Q q 0 0 0 rg BT 270.14 178.80 Td (of ) Tj ET Q q 0 0 0 rg BT 279.98 178.80 Td (goods ) Tj ET Q q 0 0 0 rg BT 305.39 178.80 Td (or ) Tj ET Q q 0 0 0 rg BT 315.23 178.80 Td (services, ) Tj ET Q q 0 0 0 rg BT 351.46 178.80 Td (unless ) Tj ET Q q 0 0 0 rg BT 377.97 178.80 Td (the ) Tj ET Q q 0 0 0 rg BT 391.70 178.80 Td (contracts ) Tj ET Q q 0 0 0 rg BT 429.31 178.80 Td (are ) Tj ET Q q 0 0 0 rg BT 443.03 178.80 Td (in ) Tj ET Q q 0 0 0 rg BT 452.33 178.80 Td (the ) Tj ET Q q 0 0 0 rg BT 466.06 178.80 Td (scope ) Tj ET Q q 0 0 0 rg BT 490.34 178.80 Td (of ) Tj ET Q q 0 0 0 rg BT 500.19 178.80 Td (other ) Tj ET Q q 0 0 0 rg BT 522.25 178.80 Td (standards. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 166.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 126.50 166.80 Td (15 ) Tj ET Q q 0 0 0 rg BT 138.37 166.80 Td (replaces ) Tj ET Q q 0 0 0 rg BT 172.99 166.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 190.98 166.80 Td (18, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 205.35 166.80 Td (Revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.59 166.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 261.57 166.80 Td (1) Tj ET Q q 0 0 0 rg BT 266.20 166.80 Td (1, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 275.58 166.80 Td (Construction ) Tj ET Q q 0 0 0 rg BT 329.67 166.80 Td (Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.12 166.80 Td (, ) Tj ET Q q 0 0 0 rg BT 373.50 166.80 Td (and ) Tj ET Q q 0 0 0 rg BT 389.81 166.80 Td (some ) Tj ET Q q 0 0 0 rg BT 412.79 166.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 446.31 166.80 Td (related ) Tj ET Q q 0 0 0 rg BT 475.38 166.80 Td (interpretations. ) Tj ET Q q 0 0 0 rg BT 537.51 166.80 Td (Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 154.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 127.89 154.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 143.65 154.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 178.57 154.80 Td (is ) Tj ET Q q 0 0 0 rg BT 188.50 154.80 Td (recognized ) Tj ET Q q 0 0 0 rg BT 235.63 154.80 Td (at ) Tj ET Q q 0 0 0 rg BT 246.11 154.80 Td (an ) Tj ET Q q 0 0 0 rg BT 258.82 154.80 Td (amount ) Tj ET Q q 0 0 0 rg BT 292.08 154.80 Td (that ) Tj ET Q q 0 0 0 rg BT 310.34 154.80 Td (reflects ) Tj ET Q q 0 0 0 rg BT 343.03 154.80 Td (the ) Tj ET Q q 0 0 0 rg BT 358.51 154.80 Td (expected ) Tj ET Q q 0 0 0 rg BT 397.31 154.80 Td (consideration ) Tj ET Q q 0 0 0 rg BT 454.44 154.80 Td (receivable ) Tj ET Q q 0 0 0 rg BT 498.79 154.80 Td (in ) Tj ET Q q 0 0 0 rg BT 509.83 154.80 Td (exchange ) Tj ET Q q 0 0 0 rg BT 550.85 154.80 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 142.80 Td (transferring ) Tj ET Q q 0 0 0 rg BT 151.57 142.80 Td (goods ) Tj ET Q q 0 0 0 rg BT 176.88 142.80 Td (or ) Tj ET Q q 0 0 0 rg BT 186.64 142.80 Td (services ) Tj ET Q q 0 0 0 rg BT 220.27 142.80 Td (to ) Tj ET Q q 0 0 0 rg BT 229.47 142.80 Td (a ) Tj ET Q q 0 0 0 rg BT 235.33 142.80 Td (customer) Tj ET Q q 0 0 0 rg BT 271.59 142.80 Td (, ) Tj ET Q q 0 0 0 rg BT 275.51 142.80 Td (applying ) Tj ET Q q 0 0 0 rg BT 311.93 142.80 Td (the ) Tj ET Q q 0 0 0 rg BT 325.57 142.80 Td (following ) Tj ET Q q 0 0 0 rg BT 365.88 142.80 Td (five ) Tj ET Q q 0 0 0 rg BT 382.85 142.80 Td (steps: ) Tj ET Q q 0 0 0 rg BT 407.05 142.80 Td (1\) ) Tj ET Q q 0 0 0 rg BT 416.80 142.80 Td ( ) Tj ET Q q 0 0 0 rg BT 418.23 142.80 Td (identify ) Tj ET Q q 0 0 0 rg BT 450.75 142.80 Td (the ) Tj ET Q q 0 0 0 rg BT 464.39 142.80 Td (contract ) Tj ET Q q 0 0 0 rg BT 498.02 142.80 Td (with ) Tj ET Q q 0 0 0 rg BT 517.22 142.80 Td (a ) Tj ET Q q 0 0 0 rg BT 523.08 142.80 Td (customer; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 130.80 Td (2\) ) Tj ET Q q 0 0 0 rg BT 114.00 130.80 Td (identify ) Tj ET Q q 0 0 0 rg BT 147.28 130.80 Td (the ) Tj ET Q q 0 0 0 rg BT 161.67 130.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 214.36 130.80 Td (obligations ) Tj ET Q q 0 0 0 rg BT 260.98 130.80 Td (in ) Tj ET Q q 0 0 0 rg BT 270.93 130.80 Td (the ) Tj ET Q q 0 0 0 rg BT 285.31 130.80 Td (contract; ) Tj ET Q q 0 0 0 rg BT 322.47 130.80 Td (3\) ) Tj ET Q q 0 0 0 rg BT 332.97 130.80 Td (determine ) Tj ET Q q 0 0 0 rg BT 375.12 130.80 Td (the ) Tj ET Q q 0 0 0 rg BT 389.51 130.80 Td (transaction ) Tj ET Q q 0 0 0 rg BT 435.55 130.80 Td (price; ) Tj ET Q q 0 0 0 rg BT 460.49 130.80 Td (4\) ) Tj ET Q q 0 0 0 rg BT 470.99 130.80 Td (allocate ) Tj ET Q q 0 0 0 rg BT 504.25 130.80 Td (the ) Tj ET Q q 0 0 0 rg BT 518.64 130.80 Td (transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 118.80 Td (price ) Tj ET Q q 0 0 0 rg BT 126.77 118.80 Td (to ) Tj ET Q q 0 0 0 rg BT 137.84 118.80 Td (the ) Tj ET Q q 0 0 0 rg BT 153.34 118.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 207.15 118.80 Td (obligations ) Tj ET Q q 0 0 0 rg BT 254.88 118.80 Td (in ) Tj ET Q q 0 0 0 rg BT 265.95 118.80 Td (the ) Tj ET Q q 0 0 0 rg BT 281.45 118.80 Td (contract; ) Tj ET Q q 0 0 0 rg BT 319.72 118.80 Td (and ) Tj ET Q q 0 0 0 rg BT 337.45 118.80 Td (5\) ) Tj ET Q q 0 0 0 rg BT 349.07 118.80 Td (recognize ) Tj ET Q q 0 0 0 rg BT 391.22 118.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 426.15 118.80 Td (when ) Tj ET Q q 0 0 0 rg BT 451.10 118.80 Td (\(or ) Tj ET Q q 0 0 0 rg BT 466.04 118.80 Td (as\) ) Tj ET Q q 0 0 0 rg BT 480.99 118.80 Td (the ) Tj ET Q q 0 0 0 rg BT 496.50 118.80 Td (entity ) Tj ET Q q 0 0 0 rg BT 522.56 118.80 Td (satisfies ) Tj ET Q q 0 0 0 rg BT 558.06 118.80 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 106.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 156.52 106.80 Td (obligation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 88.80 Td (The ) Tj ET Q q 0 0 0 rg BT 143.64 88.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 184.62 88.80 Td (adopted ) Tj ET Q q 0 0 0 rg BT 218.37 88.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 241.59 88.80 Td (15 ) Tj ET Q q 0 0 0 rg BT 253.68 88.80 Td (using ) Tj ET Q q 0 0 0 rg BT 277.44 88.80 Td (the ) Tj ET Q q 0 0 0 rg BT 291.75 88.80 Td (modified ) Tj ET Q q 0 0 0 rg BT 329.95 88.80 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 383.69 88.80 Td (method, ) Tj ET Q q 0 0 0 rg BT 418.28 88.80 Td (which ) Tj ET Q q 0 0 0 rg BT 444.81 88.80 Td (requires ) Tj ET Q q 0 0 0 rg BT 479.11 88.80 Td (the ) Tj ET Q q 0 0 0 rg BT 493.42 88.80 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 539.94 88.80 Td (ef) Tj ET Q q 0 0 0 rg BT 547.53 88.80 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 76.80 Td (of ) Tj ET Q q 0 0 0 rg BT 114.52 76.80 Td (initially ) Tj ET Q q 0 0 0 rg BT 148.32 76.80 Td (applying ) Tj ET Q q 0 0 0 rg BT 186.01 76.80 Td (the ) Tj ET Q q 0 0 0 rg BT 200.92 76.80 Td (Standard ) Tj ET Q q 0 0 0 rg BT 239.16 76.80 Td (to ) Tj ET Q q 0 0 0 rg BT 249.63 76.80 Td (be ) Tj ET Q q 0 0 0 rg BT 261.76 76.80 Td (recognized ) Tj ET Q q 0 0 0 rg BT 308.31 76.80 Td (at ) Tj ET Q q 0 0 0 rg BT 318.22 76.80 Td (the ) Tj ET Q q 0 0 0 rg BT 333.13 76.80 Td (date ) Tj ET Q q 0 0 0 rg BT 352.48 76.80 Td (of ) Tj ET Q q 0 0 0 rg BT 363.50 76.80 Td (initial ) Tj ET Q q 0 0 0 rg BT 389.52 76.80 Td (application, ) Tj ET Q q 0 0 0 rg BT 439.14 76.80 Td (which ) Tj ET Q q 0 0 0 rg BT 466.27 76.80 Td (is ) Tj ET Q q 0 0 0 rg BT 475.63 76.80 Td (July ) Tj ET Q q 0 0 0 rg BT 494.99 76.80 Td (1, ) Tj ET Q q 0 0 0 rg BT 505.19 76.80 Td (2018, ) Tj ET Q q 0 0 0 rg BT 530.38 76.80 Td (and ) Tj ET Q q 0 0 0 rg BT 547.51 76.80 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 64.80 Td (the ) Tj ET Q q 0 0 0 rg BT 119.34 64.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 157.95 64.80 Td (information ) Tj ET Q q 0 0 0 rg BT 208.79 64.80 Td (previously ) Tj ET Q q 0 0 0 rg BT 254.63 64.80 Td (presented ) Tj ET Q q 0 0 0 rg BT 296.58 64.80 Td (for ) Tj ET Q q 0 0 0 rg BT 311.86 64.80 Td (the ) Tj ET Q q 0 0 0 rg BT 327.71 64.80 Td (year ) Tj ET Q q 0 0 0 rg BT 348.54 64.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 376.04 64.80 Td (June ) Tj ET Q q 0 0 0 rg BT 398.00 64.80 Td (30, ) Tj ET Q q 0 0 0 rg BT 414.13 64.80 Td (2018 ) Tj ET Q q 0 0 0 rg BT 437.76 64.80 Td (would ) Tj ET Q q 0 0 0 rg BT 466.38 64.80 Td (remain ) Tj ET Q q 0 0 0 rg BT 497.77 64.80 Td (unchanged. ) Tj ET Q q 0 0 0 rg BT 546.95 64.80 Td (The ) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 103.50 742.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.52 742.10 Td (also ) Tj ET Q q 0 0 0 rg BT 162.76 742.10 Td (elected ) Tj ET Q q 0 0 0 rg BT 193.20 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 203.12 742.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 227.46 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.81 742.10 Td (practical ) Tj ET Q q 0 0 0 rg BT 278.37 742.10 Td (expedient ) Tj ET Q q 0 0 0 rg BT 319.37 742.10 Td (which ) Tj ET Q q 0 0 0 rg BT 345.94 742.10 Td (permits ) Tj ET Q q 0 0 0 rg BT 378.07 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 392.42 742.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 433.44 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 443.35 742.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 467.70 742.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 490.96 742.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 503.09 742.10 Td (retrospectively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 730.10 Td (only ) Tj ET Q q 0 0 0 rg BT 123.78 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 134.06 730.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 172.65 730.10 Td (that ) Tj ET Q q 0 0 0 rg BT 190.15 730.10 Td (are ) Tj ET Q q 0 0 0 rg BT 204.85 730.10 Td (not ) Tj ET Q q 0 0 0 rg BT 220.13 730.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 264.28 730.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 302.88 730.10 Td (at ) Tj ET Q q 0 0 0 rg BT 312.59 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 327.31 730.10 Td (date ) Tj ET Q q 0 0 0 rg BT 346.46 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 357.29 730.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 383.12 730.10 Td (application. ) Tj ET Q q 0 0 0 rg BT 432.55 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 712.10 Td (The ) Tj ET Q q 0 0 0 rg BT 144.05 712.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 188.76 712.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 223.47 712.10 Td (to ) Tj ET Q q 0 0 0 rg BT 233.74 712.10 Td (the ) Tj ET Q q 0 0 0 rg BT 248.46 712.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 295.54 712.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 329.69 712.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 377.73 712.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 411.33 712.10 Td (are ) Tj ET Q q 0 0 0 rg BT 426.04 712.10 Td (as ) Tj ET Q q 0 0 0 rg BT 436.87 712.10 Td (follows:) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 108.00 694.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 694.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 153.70 694.10 Td (its ) Tj ET Q q 0 0 0 rg BT 165.86 694.10 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 213.00 694.10 Td (production ) Tj ET Q q 0 0 0 rg BT 259.04 694.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 295.34 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 310.27 694.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 351.87 694.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 396.80 694.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 434.49 694.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 468.85 694.10 Td (for ) Tj ET Q q 0 0 0 rg BT 483.22 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.15 694.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 524.19 694.10 Td (broadcast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 682.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 151.97 682.10 Td (when ) Tj ET Q q 0 0 0 rg BT 176.82 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.23 682.10 Td (production ) Tj ET Q q 0 0 0 rg BT 238.74 682.10 Td (was ) Tj ET Q q 0 0 0 rg BT 257.48 682.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 302.32 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 319.95 682.10 Td (available ) Tj ET Q q 0 0 0 rg BT 359.23 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 370.20 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.60 682.10 Td (customer) Tj ET Q q 0 0 0 rg BT 421.71 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 427.40 682.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 455.58 682.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 479.89 682.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 495.58 682.10 Td (an ) Tj ET Q q 0 0 0 rg BT 508.21 682.10 Td (assessment ) Tj ET Q q 0 0 0 rg BT 555.84 682.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 670.10 Td (made ) Tj ET Q q 0 0 0 rg BT 150.53 670.10 Td (at ) Tj ET Q q 0 0 0 rg BT 160.63 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.72 670.10 Td (inception ) Tj ET Q q 0 0 0 rg BT 215.81 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 227.02 670.10 Td (each ) Tj ET Q q 0 0 0 rg BT 248.21 670.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 283.29 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.95 670.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 336.80 670.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 371.89 670.10 Td (i\) ) Tj ET Q q 0 0 0 rg BT 380.87 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.97 670.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 449.37 670.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 496.69 670.10 Td (are ) Tj ET Q q 0 0 0 rg BT 511.77 670.10 Td (satisfied ) Tj ET Q q 0 0 0 rg BT 547.98 670.10 Td (at ) Tj ET Q q 0 0 0 rg BT 558.07 670.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 658.10 Td (point ) Tj ET Q q 0 0 0 rg BT 149.72 658.10 Td (in ) Tj ET Q q 0 0 0 rg BT 160.67 658.10 Td (time, ) Tj ET Q q 0 0 0 rg BT 184.10 658.10 Td (which ) Tj ET Q q 0 0 0 rg BT 211.71 658.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 252.08 658.10 Td (occurs ) Tj ET Q q 0 0 0 rg BT 281.34 658.10 Td (when ) Tj ET Q q 0 0 0 rg BT 306.17 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.55 658.10 Td (production ) Tj ET Q q 0 0 0 rg BT 368.04 658.10 Td (is ) Tj ET Q q 0 0 0 rg BT 377.88 658.10 Td (completed, ) Tj ET Q q 0 0 0 rg BT 425.19 658.10 Td (available ) Tj ET Q q 0 0 0 rg BT 464.45 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 475.39 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 490.77 658.10 Td (customer) Tj ET Q q 0 0 0 rg BT 527.03 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 532.69 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.30 658.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 646.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 165.38 646.10 Td (has ) Tj ET Q q 0 0 0 rg BT 181.44 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.38 646.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 243.53 646.10 Td (right ) Tj ET Q q 0 0 0 rg BT 265.14 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 275.65 646.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 316.69 646.10 Td (or ) Tj ET Q q 0 0 0 rg BT 327.75 646.10 Td (stream ) Tj ET Q q 0 0 0 rg BT 357.13 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.07 646.10 Td (content, ) Tj ET Q q 0 0 0 rg BT 406.73 646.10 Td (or ) Tj ET Q q 0 0 0 rg BT 417.79 646.10 Td (ii\) ) Tj ET Q q 0 0 0 rg BT 429.41 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 444.35 646.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 485.96 646.10 Td (transfers ) Tj ET Q q 0 0 0 rg BT 523.12 646.10 Td (control ) Tj ET Q q 0 0 0 rg BT 554.17 646.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.26 634.10 Td (production ) Tj ET Q q 0 0 0 rg BT 185.63 634.10 Td (over ) Tj ET Q q 0 0 0 rg BT 205.45 634.10 Td (time ) Tj ET Q q 0 0 0 rg BT 225.26 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 241.75 634.10 Td (therefore ) Tj ET Q q 0 0 0 rg BT 279.88 634.10 Td (satisfies ) Tj ET Q q 0 0 0 rg BT 314.14 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 328.40 634.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 380.97 634.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 427.46 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 443.94 634.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 488.74 634.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 522.43 634.10 Td (over ) Tj ET Q q 0 0 0 rg BT 542.24 634.10 Td (time. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 622.10 Td (Over ) Tj ET Q q 0 0 0 rg BT 149.39 622.10 Td (time ) Tj ET Q q 0 0 0 rg BT 170.57 622.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 219.51 622.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 260.11 622.10 Td (occurs ) Tj ET Q q 0 0 0 rg BT 289.61 622.10 Td (when ) Tj ET Q q 0 0 0 rg BT 314.67 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.29 622.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 378.27 622.10 Td (production ) Tj ET Q q 0 0 0 rg BT 425.00 622.10 Td (creates ) Tj ET Q q 0 0 0 rg BT 456.15 622.10 Td (an ) Tj ET Q q 0 0 0 rg BT 468.99 622.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 491.83 622.10 Td (that ) Tj ET Q q 0 0 0 rg BT 510.23 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.84 622.10 Td (customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 610.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 160.94 610.10 Td (as ) Tj ET Q q 0 0 0 rg BT 171.99 610.10 Td (that ) Tj ET Q q 0 0 0 rg BT 189.70 610.10 Td (production ) Tj ET Q q 0 0 0 rg BT 235.75 610.10 Td (is ) Tj ET Q q 0 0 0 rg BT 245.14 610.10 Td (created. ) Tj ET Q q 0 0 0 rg BT 279.02 610.10 Td (When ) Tj ET Q q 0 0 0 rg BT 305.62 610.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 358.86 610.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 406.02 610.10 Td (are ) Tj ET Q q 0 0 0 rg BT 420.95 610.10 Td (satisfied ) Tj ET Q q 0 0 0 rg BT 456.99 610.10 Td (at ) Tj ET Q q 0 0 0 rg BT 466.93 610.10 Td (a ) Tj ET Q q 0 0 0 rg BT 474.09 610.10 Td (point ) Tj ET Q q 0 0 0 rg BT 497.37 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 507.86 610.10 Td (time, ) Tj ET Q q 0 0 0 rg BT 530.86 610.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 598.10 Td (is ) Tj ET Q q 0 0 0 rg BT 135.30 598.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 181.78 598.10 Td (when ) Tj ET Q q 0 0 0 rg BT 206.07 598.10 Td (all ) Tj ET Q q 0 0 0 rg BT 218.69 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 233.53 598.10 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 298.91 598.10 Td (criteria ) Tj ET Q q 0 0 0 rg BT 329.85 598.10 Td (are ) Tj ET Q q 0 0 0 rg BT 344.68 598.10 Td (met. ) Tj ET Q q 0 0 0 rg BT 364.80 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 367.24 598.10 Td (When ) Tj ET Q q 0 0 0 rg BT 393.74 598.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 446.89 598.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 493.96 598.10 Td (are ) Tj ET Q q 0 0 0 rg BT 508.79 598.10 Td (satisfied ) Tj ET Q q 0 0 0 rg BT 544.74 598.10 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 586.10 Td (time ) Tj ET Q q 0 0 0 rg BT 147.00 586.10 Td (during ) Tj ET Q q 0 0 0 rg BT 176.33 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.78 586.10 Td (production ) Tj ET Q q 0 0 0 rg BT 238.33 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.89 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 265.33 586.10 Td (show) Tj ET Q q 0 0 0 rg BT 285.79 586.10 Td (, ) Tj ET Q q 0 0 0 rg BT 291.52 586.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 326.39 586.10 Td (is ) Tj ET Q q 0 0 0 rg BT 336.29 586.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 383.38 586.10 Td (using ) Tj ET Q q 0 0 0 rg BT 408.27 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 423.72 586.10 Td (percentage ) Tj ET Q q 0 0 0 rg BT 470.25 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 481.80 586.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 530.02 586.10 Td (method, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 574.10 Td (based ) Tj ET Q q 0 0 0 rg BT 151.08 574.10 Td (on ) Tj ET Q q 0 0 0 rg BT 163.40 574.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 189.58 574.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 211.89 574.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 247.52 574.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 289.26 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 299.35 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.88 574.10 Td (total ) Tj ET Q q 0 0 0 rg BT 333.97 574.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 374.60 574.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 399.25 574.10 Td (This ) Tj ET Q q 0 0 0 rg BT 419.34 574.10 Td (change ) Tj ET Q q 0 0 0 rg BT 449.97 574.10 Td (did ) Tj ET Q q 0 0 0 rg BT 465.06 574.10 Td (not ) Tj ET Q q 0 0 0 rg BT 480.15 574.10 Td (have ) Tj ET Q q 0 0 0 rg BT 501.34 574.10 Td (an ) Tj ET Q q 0 0 0 rg BT 513.10 574.10 Td (ef) Tj ET Q q 0 0 0 rg BT 520.68 574.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 537.98 574.10 Td (on ) Tj ET Q q 0 0 0 rg BT 550.30 574.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 562.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 173.08 562.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 207.80 562.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 240.83 562.10 Td (sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 544.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 544.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 155.27 544.10 Td (its ) Tj ET Q q 0 0 0 rg BT 168.99 544.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 219.39 544.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 257.26 544.10 Td (the ) Tj ET Q q 0 0 0 rg BT 273.75 544.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 316.92 544.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 363.41 544.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 402.66 544.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 438.59 544.10 Td (on ) Tj ET Q q 0 0 0 rg BT 452.87 544.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 484.35 544.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 534.74 544.10 Td (license ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 532.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 174.59 532.10 Td (for ) Tj ET Q q 0 0 0 rg BT 189.30 532.10 Td (its ) Tj ET Q q 0 0 0 rg BT 201.81 532.10 Td (television ) Tj ET Q q 0 0 0 rg BT 243.75 532.10 Td (and ) Tj ET Q q 0 0 0 rg BT 261.24 532.10 Td (film ) Tj ET Q q 0 0 0 rg BT 280.96 532.10 Td (content ) Tj ET Q q 0 0 0 rg BT 313.45 532.10 Td (when ) Tj ET Q q 0 0 0 rg BT 338.17 532.10 Td (the ) Tj ET Q q 0 0 0 rg BT 353.44 532.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 388.70 532.10 Td (was ) Tj ET Q q 0 0 0 rg BT 407.30 532.10 Td (executed ) Tj ET Q q 0 0 0 rg BT 445.89 532.10 Td (and ) Tj ET Q q 0 0 0 rg BT 463.38 532.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.66 532.10 Td (licensed ) Tj ET Q q 0 0 0 rg BT 514.48 532.10 Td (content ) Tj ET Q q 0 0 0 rg BT 546.97 532.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 520.10 Td (available ) Tj ET Q q 0 0 0 rg BT 165.36 520.10 Td (to ) Tj ET Q q 0 0 0 rg BT 176.40 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.89 520.10 Td (customer) Tj ET Q q 0 0 0 rg BT 227.99 520.10 Td (. ) Tj ET Q q 0 0 0 rg BT 233.76 520.10 Td ( ) Tj ET Q q 0 0 0 rg BT 237.03 520.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 265.29 520.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 289.68 520.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 305.45 520.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 340.36 520.10 Td (is ) Tj ET Q q 0 0 0 rg BT 350.30 520.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 386.87 520.10 Td (and ) Tj ET Q q 0 0 0 rg BT 404.58 520.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 442.82 520.10 Td (as ) Tj ET Q q 0 0 0 rg BT 454.42 520.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 489.33 520.10 Td (when ) Tj ET Q q 0 0 0 rg BT 514.26 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 529.75 520.10 Td (licensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 508.10 Td (content ) Tj ET Q q 0 0 0 rg BT 157.12 508.10 Td (is ) Tj ET Q q 0 0 0 rg BT 165.47 508.10 Td (available ) Tj ET Q q 0 0 0 rg BT 203.24 508.10 Td (to ) Tj ET Q q 0 0 0 rg BT 212.70 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.60 508.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 264.94 508.10 Td (and ) Tj ET Q q 0 0 0 rg BT 281.06 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 294.96 508.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 333.29 508.10 Td (has ) Tj ET Q q 0 0 0 rg BT 348.30 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.20 508.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 408.30 508.10 Td (right ) Tj ET Q q 0 0 0 rg BT 428.87 508.10 Td (to ) Tj ET Q q 0 0 0 rg BT 438.33 508.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 478.33 508.10 Td (or ) Tj ET Q q 0 0 0 rg BT 488.34 508.10 Td (stream ) Tj ET Q q 0 0 0 rg BT 516.68 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.58 508.10 Td (content. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 496.10 Td (This ) Tj ET Q q 0 0 0 rg BT 146.28 496.10 Td (change ) Tj ET Q q 0 0 0 rg BT 177.09 496.10 Td (did ) Tj ET Q q 0 0 0 rg BT 192.37 496.10 Td (not ) Tj ET Q q 0 0 0 rg BT 207.65 496.10 Td (have ) Tj ET Q q 0 0 0 rg BT 229.03 496.10 Td (an ) Tj ET Q q 0 0 0 rg BT 240.97 496.10 Td (ef) Tj ET Q q 0 0 0 rg BT 248.55 496.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 266.04 496.10 Td (on ) Tj ET Q q 0 0 0 rg BT 278.54 496.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.26 496.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 340.34 496.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 375.05 496.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 408.08 496.10 Td (sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 478.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 153.51 478.10 Td (its ) Tj ET Q q 0 0 0 rg BT 165.48 478.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 206.88 478.10 Td (products-owned ) Tj ET Q q 0 0 0 rg BT 273.83 478.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 309.94 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.68 478.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 366.09 478.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 410.83 478.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 457.21 478.10 Td (license ) Tj ET Q q 0 0 0 rg BT 487.49 478.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 521.66 478.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 554.72 478.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 466.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 155.60 466.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 196.89 466.10 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 242.05 466.10 Td (for ) Tj ET Q q 0 0 0 rg BT 256.11 466.10 Td (royalties ) Tj ET Q q 0 0 0 rg BT 292.94 466.10 Td (on ) Tj ET Q q 0 0 0 rg BT 305.34 466.10 Td (its ) Tj ET Q q 0 0 0 rg BT 317.19 466.10 Td (copyrights ) Tj ET Q q 0 0 0 rg BT 361.81 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 378.64 466.10 Td (brands ) Tj ET Q q 0 0 0 rg BT 407.70 466.10 Td (at ) Tj ET Q q 0 0 0 rg BT 417.32 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 431.94 466.10 Td (start ) Tj ET Q q 0 0 0 rg BT 451.55 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 462.28 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.90 466.10 Td (license ) Tj ET Q q 0 0 0 rg BT 507.06 466.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 537.51 466.10 Td (Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 454.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 148.94 454.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 163.25 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 177.28 454.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 217.98 454.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 264.77 454.10 Td (that ) Tj ET Q q 0 0 0 rg BT 281.58 454.10 Td (these ) Tj ET Q q 0 0 0 rg BT 303.94 454.10 Td (were ) Tj ET Q q 0 0 0 rg BT 325.18 454.10 Td (right-of-access ) Tj ET Q q 0 0 0 rg BT 386.41 454.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 419.88 454.10 Td (and ) Tj ET Q q 0 0 0 rg BT 436.13 454.10 Td (as ) Tj ET Q q 0 0 0 rg BT 446.27 454.10 Td (a ) Tj ET Q q 0 0 0 rg BT 452.52 454.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 479.05 454.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 519.76 454.10 Td (guarantees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 442.10 Td (are ) Tj ET Q q 0 0 0 rg BT 140.20 442.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 175.50 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.93 442.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 233.91 442.10 Td (over ) Tj ET Q q 0 0 0 rg BT 253.67 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.88 442.10 Td (term ) Tj ET Q q 0 0 0 rg BT 288.20 442.10 Td (of ) Tj ET Q q 0 0 0 rg BT 298.52 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.73 442.10 Td (license. ) Tj ET Q q 0 0 0 rg BT 344.99 442.10 Td (Royalty ) Tj ET Q q 0 0 0 rg BT 378.65 442.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 412.29 442.10 Td (is ) Tj ET Q q 0 0 0 rg BT 420.95 442.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 463.47 442.10 Td (as ) Tj ET Q q 0 0 0 rg BT 473.80 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 488.01 442.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 517.75 442.10 Td (of ) Tj ET Q q 0 0 0 rg BT 528.08 442.10 Td (royalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 430.10 Td (based ) Tj ET Q q 0 0 0 rg BT 151.24 430.10 Td (on ) Tj ET Q q 0 0 0 rg BT 163.72 430.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 209.52 430.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 231.43 430.10 Td (or ) Tj ET Q q 0 0 0 rg BT 242.24 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.93 430.10 Td (pro-rata ) Tj ET Q q 0 0 0 rg BT 291.05 430.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 332.96 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 343.76 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 358.46 430.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 399.82 430.10 Td (guarantee. ) Tj ET Q q 0 0 0 rg BT 443.48 430.10 Td (This ) Tj ET Q q 0 0 0 rg BT 463.74 430.10 Td (change ) Tj ET Q q 0 0 0 rg BT 494.53 430.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 528.66 430.10 Td (in ) Tj ET Q q 0 0 0 rg BT 538.91 430.10 Td (a ) Tj ET Q q 0 0 0 rg BT 545.83 430.10 Td (July ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 418.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 135.46 418.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 157.42 418.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 203.26 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 213.00 418.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 247.71 418.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 281.89 418.10 Td (deficit ) Tj ET Q q 0 0 0 rg BT 309.39 418.10 Td (by ) Tj ET Q q 0 0 0 rg BT 321.35 418.10 Td ($5.8 ) Tj ET Q q 0 0 0 rg BT 340.81 418.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 374.16 418.10 Td (an ) Tj ET Q q 0 0 0 rg BT 385.56 418.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 420.27 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 430.01 418.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 464.18 418.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 499.45 418.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 533.05 418.10 Td (by ) Tj ET Q q 0 0 0 rg BT 545.01 418.10 Td ($6.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 406.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 160.64 406.10 Td (a ) Tj ET Q q 0 0 0 rg BT 168.32 406.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 205.99 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 217.01 406.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 252.47 406.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 289.03 406.10 Td (income ) Tj ET Q q 0 0 0 rg BT 321.71 406.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 345.50 406.10 Td (by ) Tj ET Q q 0 0 0 rg BT 358.75 406.10 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 379.50 406.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 414.13 406.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.82 406.10 Td (a ) Tj ET Q q 0 0 0 rg BT 439.51 406.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 477.17 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 488.19 406.10 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 541.97 406.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 394.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 189.03 394.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 207.09 394.10 Td (by ) Tj ET Q q 0 0 0 rg BT 219.59 394.10 Td ($0.5 ) Tj ET Q q 0 0 0 rg BT 239.59 394.10 Td (million. ) Tj ET Q q 0 0 0 rg BT 273.49 394.10 Td ( ) Tj ET Q q 0 0 0 rg BT 275.99 394.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 376.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 376.10 Td (For ) Tj ET Q q 0 0 0 rg BT 143.32 376.10 Td (renewals ) Tj ET Q q 0 0 0 rg BT 182.29 376.10 Td (or ) Tj ET Q q 0 0 0 rg BT 194.05 376.10 Td (extensions ) Tj ET Q q 0 0 0 rg BT 239.69 376.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.45 376.10 Td (license ) Tj ET Q q 0 0 0 rg BT 282.64 376.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 331.61 376.10 Td (for ) Tj ET Q q 0 0 0 rg BT 346.70 376.10 Td (television ) Tj ET Q q 0 0 0 rg BT 389.01 376.10 Td (and ) Tj ET Q q 0 0 0 rg BT 406.87 376.10 Td (film ) Tj ET Q q 0 0 0 rg BT 426.97 376.10 Td (content, ) Tj ET Q q 0 0 0 rg BT 462.33 376.10 Td (the ) Tj ET Q q 0 0 0 rg BT 477.98 376.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 520.29 376.10 Td (previously ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 364.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 162.37 364.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 195.40 364.10 Td (when ) Tj ET Q q 0 0 0 rg BT 218.45 364.10 Td (the ) Tj ET Q q 0 0 0 rg BT 232.06 364.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 275.09 364.10 Td (was ) Tj ET Q q 0 0 0 rg BT 292.03 364.10 Td (renewed ) Tj ET Q q 0 0 0 rg BT 327.29 364.10 Td (or ) Tj ET Q q 0 0 0 rg BT 337.01 364.10 Td (extended. ) Tj ET Q q 0 0 0 rg BT 377.00 364.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 403.38 364.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 425.89 364.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 439.78 364.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 472.82 364.10 Td (related ) Tj ET Q q 0 0 0 rg BT 501.41 364.10 Td (to ) Tj ET Q q 0 0 0 rg BT 510.58 364.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.19 364.10 Td (extension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 352.10 Td (or ) Tj ET Q q 0 0 0 rg BT 136.86 352.10 Td (renewal ) Tj ET Q q 0 0 0 rg BT 171.04 352.10 Td (term ) Tj ET Q q 0 0 0 rg BT 191.90 352.10 Td (is ) Tj ET Q q 0 0 0 rg BT 201.10 352.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 247.50 352.10 Td (when ) Tj ET Q q 0 0 0 rg BT 271.69 352.10 Td (the ) Tj ET Q q 0 0 0 rg BT 286.44 352.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 325.63 352.10 Td (has ) Tj ET Q q 0 0 0 rg BT 341.49 352.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.24 352.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 403.20 352.10 Td (right ) Tj ET Q q 0 0 0 rg BT 424.62 352.10 Td (to ) Tj ET Q q 0 0 0 rg BT 434.93 352.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 475.78 352.10 Td (or ) Tj ET Q q 0 0 0 rg BT 486.64 352.10 Td (stream ) Tj ET Q q 0 0 0 rg BT 515.83 352.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.58 352.10 Td (content. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 340.10 Td (This ) Tj ET Q q 0 0 0 rg BT 146.28 340.10 Td (change ) Tj ET Q q 0 0 0 rg BT 177.09 340.10 Td (did ) Tj ET Q q 0 0 0 rg BT 192.37 340.10 Td (not ) Tj ET Q q 0 0 0 rg BT 207.65 340.10 Td (have ) Tj ET Q q 0 0 0 rg BT 229.03 340.10 Td (an ) Tj ET Q q 0 0 0 rg BT 240.97 340.10 Td (ef) Tj ET Q q 0 0 0 rg BT 248.55 340.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 266.04 340.10 Td (on ) Tj ET Q q 0 0 0 rg BT 278.54 340.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.26 340.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 340.34 340.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 375.05 340.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 408.08 340.10 Td (sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 322.10 Td (The ) Tj ET Q q 0 0 0 rg BT 144.58 322.10 Td (following ) Tj ET Q q 0 0 0 rg BT 186.51 322.10 Td (is ) Tj ET Q q 0 0 0 rg BT 196.21 322.10 Td (a ) Tj ET Q q 0 0 0 rg BT 203.69 322.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 261.70 322.10 Td (of ) Tj ET Q q 0 0 0 rg BT 273.07 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.32 322.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 318.57 322.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.94 322.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 354.10 322.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 367.14 322.10 Td (for ) Tj ET Q q 0 0 0 rg BT 381.83 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 397.09 322.10 Td (three ) Tj ET Q q 0 0 0 rg BT 420.11 322.10 Td (month ) Tj ET Q q 0 0 0 rg BT 448.71 322.10 Td (period ) Tj ET Q q 0 0 0 rg BT 477.29 322.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 504.20 322.10 Td (September ) Tj ET Q q 0 0 0 rg BT 550.00 322.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 310.10 Td (2018:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 183.60000000000002 m 487.5 183.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 164.60000000000002 m 487.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 61.60000000000002 m 487.5 61.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.00 273.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 396.49 273.28 Td (ee months ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.00 263.28 Td (September) Tj ET Q q 0 0 0 rg BT 425.92 263.28 Td ( 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 248.27 Td (Revenue under IFRS 15, as reported) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 248.27 Td (104,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 233.27 Td (Impact of IFRS 15 on revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 218.27 Td ( Revenue on minimum guarantees) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 290.63 222.80 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 218.32 Td (\(816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 218.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 203.27 Td ( Revenue on proprietary production shows) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 324.24 207.80 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 203.27 Td (2,341) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 188.27 Td ( Revenue on distribution licenses) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 286.75 192.80 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 188.27 Td (850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 169.27 Td (Revenue under IAS 18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 169.27 Td (106,413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 130.27 Td (Direct production costs and expense of film and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 120.27 Td (television produced under IFRS 15, as reported) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 120.27 Td (61,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 105.27 Td (Impact of IFRS 15 on Direct production costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 95.27 Td (expense of film and television produced:) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 307.01 99.80 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 95.27 Td (1,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 76.27 Td (Direct production costs and expense of film and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 66.27 Td (television produced under IAS 18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 66.27 Td (62,689) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 5.20 Tf ET q 0 0 0 rg BT 126.00 747.13 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 128.60 743.50 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 157.59 743.50 Td (on ) Tj ET Q q 0 0 0 rg BT 166.59 743.50 Td (minimum ) Tj ET Q q 0 0 0 rg BT 198.71 743.50 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 233.91 743.50 Td (- ) Tj ET Q q 0 0 0 rg BT 237.58 743.50 Td (these ) Tj ET Q q 0 0 0 rg BT 255.02 743.50 Td (are ) Tj ET Q q 0 0 0 rg BT 265.79 743.50 Td (minimum ) Tj ET Q q 0 0 0 rg BT 297.90 743.50 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 333.11 743.50 Td (on ) Tj ET Q q 0 0 0 rg BT 342.11 743.50 Td (royalties ) Tj ET Q q 0 0 0 rg BT 370.66 743.50 Td (in ) Tj ET Q q 0 0 0 rg BT 377.88 743.50 Td (the ) Tj ET Q q 0 0 0 rg BT 388.66 743.50 Td (consumer ) Tj ET Q q 0 0 0 rg BT 420.76 743.50 Td (products-owned ) Tj ET Q q 0 0 0 rg BT 473.30 743.50 Td (channel ) Tj ET Q q 0 0 0 rg BT 499.18 743.50 Td (that ) Tj ET Q q 0 0 0 rg BT 512.18 743.50 Td (were ) Tj ET Q q 0 0 0 rg BT 528.72 743.50 Td (previously ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 733.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 163.47 733.90 Td (at ) Tj ET Q q 0 0 0 rg BT 171.62 733.90 Td (the ) Tj ET Q q 0 0 0 rg BT 183.77 733.90 Td (inception ) Tj ET Q q 0 0 0 rg BT 215.91 733.90 Td (of ) Tj ET Q q 0 0 0 rg BT 224.96 733.90 Td (the ) Tj ET Q q 0 0 0 rg BT 237.11 733.90 Td (license ) Tj ET Q q 0 0 0 rg BT 261.69 733.90 Td (period ) Tj ET Q q 0 0 0 rg BT 284.51 733.90 Td (but ) Tj ET Q q 0 0 0 rg BT 297.11 733.90 Td (under ) Tj ET Q q 0 0 0 rg BT 317.70 733.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 336.97 733.90 Td (15 ) Tj ET Q q 0 0 0 rg BT 347.35 733.90 Td (are ) Tj ET Q q 0 0 0 rg BT 359.49 733.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 396.96 733.90 Td (over ) Tj ET Q q 0 0 0 rg BT 413.55 733.90 Td (the ) Tj ET Q q 0 0 0 rg BT 425.70 733.90 Td (license ) Tj ET Q q 0 0 0 rg BT 450.29 733.90 Td (term ) Tj ET Q q 0 0 0 rg BT 467.33 733.90 Td (as ) Tj ET Q q 0 0 0 rg BT 476.37 733.90 Td (a ) Tj ET Q q 0 0 0 rg BT 482.30 733.90 Td ("right-to-access ) Tj ET Q q 0 0 0 rg BT 535.03 733.90 Td (license", ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 724.30 Td (resulting ) Tj ET Q q 0 0 0 rg BT 156.00 724.30 Td (in ) Tj ET Q q 0 0 0 rg BT 164.22 724.30 Td (a ) Tj ET Q q 0 0 0 rg BT 169.77 724.30 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 217.54 724.30 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 254.64 724.30 Td (to ) Tj ET Q q 0 0 0 rg BT 262.86 724.30 Td (deferred ) Tj ET Q q 0 0 0 rg BT 291.51 724.30 Td (revenue.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 126.00 712.33 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 128.60 708.70 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 157.81 708.70 Td (on ) Tj ET Q q 0 0 0 rg BT 167.04 708.70 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 203.80 708.70 Td (production ) Tj ET Q q 0 0 0 rg BT 239.69 708.70 Td (shows ) Tj ET Q q 0 0 0 rg BT 260.91 708.70 Td (- ) Tj ET Q q 0 0 0 rg BT 264.80 708.70 Td (these ) Tj ET Q q 0 0 0 rg BT 282.46 708.70 Td (are ) Tj ET Q q 0 0 0 rg BT 293.46 708.70 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 330.22 708.70 Td (production ) Tj ET Q q 0 0 0 rg BT 366.10 708.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 395.76 708.70 Td (that ) Tj ET Q q 0 0 0 rg BT 408.98 708.70 Td (would ) Tj ET Q q 0 0 0 rg BT 430.20 708.70 Td (have ) Tj ET Q q 0 0 0 rg BT 446.53 708.70 Td (met ) Tj ET Q q 0 0 0 rg BT 459.75 708.70 Td (the ) Tj ET Q q 0 0 0 rg BT 470.75 708.70 Td (previous ) Tj ET Q q 0 0 0 rg BT 499.52 708.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 526.06 708.70 Td (recognition ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 699.10 Td (criteria ) Tj ET Q q 0 0 0 rg BT 150.93 699.10 Td (under ) Tj ET Q q 0 0 0 rg BT 171.43 699.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 186.61 699.10 Td (18 ) Tj ET Q q 0 0 0 rg BT 196.89 699.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.73 699.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 248.11 699.10 Td (at ) Tj ET Q q 0 0 0 rg BT 256.16 699.10 Td (a ) Tj ET Q q 0 0 0 rg BT 262.00 699.10 Td (point ) Tj ET Q q 0 0 0 rg BT 280.73 699.10 Td (in ) Tj ET Q q 0 0 0 rg BT 289.24 699.10 Td (time ) Tj ET Q q 0 0 0 rg BT 305.74 699.10 Td (with ) Tj ET Q q 0 0 0 rg BT 322.25 699.10 Td (a ) Tj ET Q q 0 0 0 rg BT 328.09 699.10 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 376.14 699.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 413.53 699.10 Td (to ) Tj ET Q q 0 0 0 rg BT 422.04 699.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 451.43 699.10 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 488.58 699.10 Td (but ) Tj ET Q q 0 0 0 rg BT 501.09 699.10 Td (have ) Tj ET Q q 0 0 0 rg BT 518.47 699.10 Td (been ) Tj ET Q q 0 0 0 rg BT 535.86 699.10 Td (deferred ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 689.50 Td (under ) Tj ET Q q 0 0 0 rg BT 145.69 689.50 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 164.06 689.50 Td (15 ) Tj ET Q q 0 0 0 rg BT 173.53 689.50 Td (as ) Tj ET Q q 0 0 0 rg BT 181.66 689.50 Td (the ) Tj ET Q q 0 0 0 rg BT 192.91 689.50 Td (risks ) Tj ET Q q 0 0 0 rg BT 209.49 689.50 Td (and ) Tj ET Q q 0 0 0 rg BT 222.52 689.50 Td (rewards ) Tj ET Q q 0 0 0 rg BT 249.31 689.50 Td (of ) Tj ET Q q 0 0 0 rg BT 257.44 689.50 Td (ownership ) Tj ET Q q 0 0 0 rg BT 292.24 689.50 Td (under ) Tj ET Q q 0 0 0 rg BT 311.93 689.50 Td (IAS ) Tj ET Q q 0 0 0 rg BT 326.29 689.50 Td (18 ) Tj ET Q q 0 0 0 rg BT 335.76 689.50 Td (transferred ) Tj ET Q q 0 0 0 rg BT 371.88 689.50 Td (to ) Tj ET Q q 0 0 0 rg BT 379.58 689.50 Td (the ) Tj ET Q q 0 0 0 rg BT 390.82 689.50 Td (customer ) Tj ET Q q 0 0 0 rg BT 421.62 689.50 Td (at ) Tj ET Q q 0 0 0 rg BT 428.86 689.50 Td (an ) Tj ET Q q 0 0 0 rg BT 437.88 689.50 Td (earlier ) Tj ET Q q 0 0 0 rg BT 459.78 689.50 Td (date ) Tj ET Q q 0 0 0 rg BT 474.58 689.50 Td (than ) Tj ET Q q 0 0 0 rg BT 489.82 689.50 Td (control ) Tj ET Q q 0 0 0 rg BT 513.95 689.50 Td (was ) Tj ET Q q 0 0 0 rg BT 527.87 689.50 Td (transferred ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 679.90 Td (under ) Tj ET Q q 0 0 0 rg BT 146.21 679.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 165.11 679.90 Td (15. ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 126.00 667.92 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 128.60 664.30 Td (Revenue on distribution licenses - these are distribution revenues that would have met the previous revenue recognition criteria under ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 654.70 Td (IAS 18 and recognized at a point in time with a corresponding adjustment to amounts receivable, but have been deferred under IFRS 15 ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 645.10 Td (as the risks and rewards of ownership under IAS 18 transferred to the customer at an earlier date than control transferred under IFRS ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 635.50 Td (15. ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 126.00 623.52 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 128.60 619.90 Td (Direct production and new media costs - these costs are the expense of film and television produced related to proprietary production ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 126.00 610.30 Td (shows that have been deferred, with a corresponding adjustment to investment in film and television programs. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.50 592.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 131.55 592.30 Td (22, ) Tj ET Q q 0 0 0 rg BT 146.55 592.30 Td (For) Tj ET Q q 0 0 0 rg BT 161.18 592.30 Td (eign ) Tj ET Q q 0 0 0 rg BT 180.89 592.30 Td (curr) Tj ET Q q 0 0 0 rg BT 197.74 592.30 Td (ency ) Tj ET Q q 0 0 0 rg BT 218.56 592.30 Td (transactions ) Tj ET Q q 0 0 0 rg BT 270.51 592.30 Td (and ) Tj ET Q q 0 0 0 rg BT 288.01 592.30 Td (advance ) Tj ET Q q 0 0 0 rg BT 323.82 592.30 Td (consideration ) Tj ET Q q 0 0 0 rg BT 381.32 592.30 Td (\(") Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 388.85 592.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 419.14 592.30 Td (22) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 429.14 592.30 Td ("\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 574.30 Td (Ef) Tj ET Q q 0 0 0 rg BT 135.26 574.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 164.15 574.30 Td (July ) Tj ET Q q 0 0 0 rg BT 182.51 574.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 191.70 574.30 Td (2018, ) Tj ET Q q 0 0 0 rg BT 215.89 574.30 Td (the ) Tj ET Q q 0 0 0 rg BT 229.80 574.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 270.38 574.30 Td (adopted ) Tj ET Q q 0 0 0 rg BT 303.73 574.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 330.98 574.30 Td (22, ) Tj ET Q q 0 0 0 rg BT 345.17 574.30 Td (which ) Tj ET Q q 0 0 0 rg BT 371.30 574.30 Td (clarified ) Tj ET Q q 0 0 0 rg BT 406.30 574.30 Td (how ) Tj ET Q q 0 0 0 rg BT 425.21 574.30 Td (to ) Tj ET Q q 0 0 0 rg BT 434.68 574.30 Td (determine ) Tj ET Q q 0 0 0 rg BT 476.35 574.30 Td (the ) Tj ET Q q 0 0 0 rg BT 490.26 574.30 Td (date ) Tj ET Q q 0 0 0 rg BT 508.61 574.30 Td (of ) Tj ET Q q 0 0 0 rg BT 518.63 574.30 Td (transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 562.30 Td (for ) Tj ET Q q 0 0 0 rg BT 117.67 562.30 Td (the ) Tj ET Q q 0 0 0 rg BT 132.40 562.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 172.67 562.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 190.17 562.30 Td (to ) Tj ET Q q 0 0 0 rg BT 200.46 562.30 Td (be ) Tj ET Q q 0 0 0 rg BT 212.42 562.30 Td (used ) Tj ET Q q 0 0 0 rg BT 233.26 562.30 Td (on ) Tj ET Q q 0 0 0 rg BT 245.77 562.30 Td (initial ) Tj ET Q q 0 0 0 rg BT 271.62 562.30 Td (recognition ) Tj ET Q q 0 0 0 rg BT 319.67 562.30 Td (of ) Tj ET Q q 0 0 0 rg BT 330.52 562.30 Td (a ) Tj ET Q q 0 0 0 rg BT 337.47 562.30 Td (related ) Tj ET Q q 0 0 0 rg BT 367.18 562.30 Td (asset, ) Tj ET Q q 0 0 0 rg BT 391.64 562.30 Td (expense ) Tj ET Q q 0 0 0 rg BT 426.36 562.30 Td (or ) Tj ET Q q 0 0 0 rg BT 437.20 562.30 Td (income ) Tj ET Q q 0 0 0 rg BT 469.15 562.30 Td (where ) Tj ET Q q 0 0 0 rg BT 496.09 562.30 Td (an ) Tj ET Q q 0 0 0 rg BT 508.04 562.30 Td (entity ) Tj ET Q q 0 0 0 rg BT 533.33 562.30 Td (pays ) Tj ET Q q 0 0 0 rg BT 554.17 562.30 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 550.30 Td (receives ) Tj ET Q q 0 0 0 rg BT 138.81 550.30 Td (consideration ) Tj ET Q q 0 0 0 rg BT 195.25 550.30 Td (in ) Tj ET Q q 0 0 0 rg BT 205.59 550.30 Td (advance ) Tj ET Q q 0 0 0 rg BT 240.90 550.30 Td (for ) Tj ET Q q 0 0 0 rg BT 255.12 550.30 Td (foreign ) Tj ET Q q 0 0 0 rg BT 286.56 550.30 Td (currency-denominated ) Tj ET Q q 0 0 0 rg BT 379.08 550.30 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 420.23 550.30 Td (For ) Tj ET Q q 0 0 0 rg BT 436.69 550.30 Td (a ) Tj ET Q q 0 0 0 rg BT 443.69 550.30 Td (single ) Tj ET Q q 0 0 0 rg BT 470.13 550.30 Td (payment ) Tj ET Q q 0 0 0 rg BT 507.13 550.30 Td (or ) Tj ET Q q 0 0 0 rg BT 518.02 550.30 Td (receipt, ) Tj ET Q q 0 0 0 rg BT 550.28 550.30 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 538.30 Td (date ) Tj ET Q q 0 0 0 rg BT 122.67 538.30 Td (of ) Tj ET Q q 0 0 0 rg BT 133.51 538.30 Td (the ) Tj ET Q q 0 0 0 rg BT 148.24 538.30 Td (transaction ) Tj ET Q q 0 0 0 rg BT 194.63 538.30 Td (is ) Tj ET Q q 0 0 0 rg BT 203.81 538.30 Td (the ) Tj ET Q q 0 0 0 rg BT 218.54 538.30 Td (date ) Tj ET Q q 0 0 0 rg BT 237.71 538.30 Td (on ) Tj ET Q q 0 0 0 rg BT 250.23 538.30 Td (which ) Tj ET Q q 0 0 0 rg BT 277.18 538.30 Td (the ) Tj ET Q q 0 0 0 rg BT 291.91 538.30 Td (entity ) Tj ET Q q 0 0 0 rg BT 317.20 538.30 Td (initially ) Tj ET Q q 0 0 0 rg BT 350.82 538.30 Td (recognises ) Tj ET Q q 0 0 0 rg BT 395.54 538.30 Td (the ) Tj ET Q q 0 0 0 rg BT 410.27 538.30 Td (non-monetary ) Tj ET Q q 0 0 0 rg BT 468.88 538.30 Td (asset ) Tj ET Q q 0 0 0 rg BT 490.83 538.30 Td (or ) Tj ET Q q 0 0 0 rg BT 501.67 538.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 535.29 538.30 Td (arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 526.30 Td (from ) Tj ET Q q 0 0 0 rg BT 125.44 526.30 Td (the ) Tj ET Q q 0 0 0 rg BT 140.16 526.30 Td (advance ) Tj ET Q q 0 0 0 rg BT 175.41 526.30 Td (consideration ) Tj ET Q q 0 0 0 rg BT 231.78 526.30 Td (\(the ) Tj ET Q q 0 0 0 rg BT 249.83 526.30 Td (prepayment ) Tj ET Q q 0 0 0 rg BT 299.53 526.30 Td (or ) Tj ET Q q 0 0 0 rg BT 310.36 526.30 Td (deferred ) Tj ET Q q 0 0 0 rg BT 346.17 526.30 Td (income/contract ) Tj ET Q q 0 0 0 rg BT 413.08 526.30 Td (liability\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 508.30 Td (The ) Tj ET Q q 0 0 0 rg BT 143.15 508.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 183.64 508.30 Td (has ) Tj ET Q q 0 0 0 rg BT 198.57 508.30 Td (elected ) Tj ET Q q 0 0 0 rg BT 228.49 508.30 Td (to ) Tj ET Q q 0 0 0 rg BT 237.87 508.30 Td (apply ) Tj ET Q q 0 0 0 rg BT 261.69 508.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 288.85 508.30 Td (22 ) Tj ET Q q 0 0 0 rg BT 300.46 508.30 Td (prospectively ) Tj ET Q q 0 0 0 rg BT 355.93 508.30 Td (beginning ) Tj ET Q q 0 0 0 rg BT 397.53 508.30 Td (July ) Tj ET Q q 0 0 0 rg BT 415.80 508.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 424.90 508.30 Td (2018. ) Tj ET Q q 0 0 0 rg BT 448.89 508.30 Td (The ) Tj ET Q q 0 0 0 rg BT 466.04 508.30 Td (adoption ) Tj ET Q q 0 0 0 rg BT 502.64 508.30 Td (of ) Tj ET Q q 0 0 0 rg BT 512.57 508.30 Td (this ) Tj ET Q q 0 0 0 rg BT 528.62 508.30 Td (standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 496.30 Td (did ) Tj ET Q q 0 0 0 rg BT 118.78 496.30 Td (not ) Tj ET Q q 0 0 0 rg BT 134.06 496.30 Td (have ) Tj ET Q q 0 0 0 rg BT 155.43 496.30 Td (a ) Tj ET Q q 0 0 0 rg BT 162.37 496.30 Td (material ) Tj ET Q q 0 0 0 rg BT 197.63 496.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 227.34 496.30 Td (to ) Tj ET Q q 0 0 0 rg BT 237.62 496.30 Td (the ) Tj ET Q q 0 0 0 rg BT 252.34 496.30 Td (Company's ) Tj ET Q q 0 0 0 rg BT 299.42 496.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 352.46 496.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 389.94 496.30 Td (statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 478.30 Td (iii\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.50 478.30 Td (Amendments ) Tj ET Q q 0 0 0 rg BT 157.10 478.30 Td (to ) Tj ET Q q 0 0 0 rg BT 167.38 478.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 190.42 478.30 Td (2, ) Tj ET Q q 0 0 0 rg BT 200.42 478.30 Td (Shar) Tj ET Q q 0 0 0 rg BT 218.94 478.30 Td (e-based ) Tj ET Q q 0 0 0 rg BT 252.54 478.30 Td (payment ) Tj ET Q q 0 0 0 rg BT 288.92 478.30 Td (\(") Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 296.45 478.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 321.74 478.30 Td (2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 326.74 478.30 Td ("\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 460.30 Td (Ef) Tj ET Q q 0 0 0 rg BT 135.26 460.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 164.60 460.30 Td (July ) Tj ET Q q 0 0 0 rg BT 183.42 460.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 193.06 460.30 Td (2018, ) Tj ET Q q 0 0 0 rg BT 217.70 460.30 Td (the ) Tj ET Q q 0 0 0 rg BT 232.06 460.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 273.09 460.30 Td (adopted ) Tj ET Q q 0 0 0 rg BT 306.89 460.30 Td (the ) Tj ET Q q 0 0 0 rg BT 321.25 460.30 Td (amendments ) Tj ET Q q 0 0 0 rg BT 373.94 460.30 Td (to ) Tj ET Q q 0 0 0 rg BT 383.86 460.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 407.13 460.30 Td (2, ) Tj ET Q q 0 0 0 rg BT 416.77 460.30 Td (which ) Tj ET Q q 0 0 0 rg BT 443.35 460.30 Td (clarified ) Tj ET Q q 0 0 0 rg BT 478.81 460.30 Td (the ) Tj ET Q q 0 0 0 rg BT 493.17 460.30 Td (classification ) Tj ET Q q 0 0 0 rg BT 548.07 460.30 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 448.30 Td (measurement ) Tj ET Q q 0 0 0 rg BT 159.15 448.30 Td (of ) Tj ET Q q 0 0 0 rg BT 169.81 448.30 Td (certain ) Tj ET Q q 0 0 0 rg BT 199.35 448.30 Td (share-based ) Tj ET Q q 0 0 0 rg BT 248.89 448.30 Td (payment ) Tj ET Q q 0 0 0 rg BT 285.66 448.30 Td (transactions. ) Tj ET Q q 0 0 0 rg BT 338.26 448.30 Td ( ) Tj ET Q q 0 0 0 rg BT 340.42 448.30 Td (The ) Tj ET Q q 0 0 0 rg BT 358.31 448.30 Td (adoption ) Tj ET Q q 0 0 0 rg BT 395.64 448.30 Td (of ) Tj ET Q q 0 0 0 rg BT 406.30 448.30 Td (this ) Tj ET Q q 0 0 0 rg BT 423.09 448.30 Td (amendment ) Tj ET Q q 0 0 0 rg BT 472.08 448.30 Td (did ) Tj ET Q q 0 0 0 rg BT 487.19 448.30 Td (not ) Tj ET Q q 0 0 0 rg BT 502.31 448.30 Td (have ) Tj ET Q q 0 0 0 rg BT 523.52 448.30 Td (an ) Tj ET Q q 0 0 0 rg BT 535.29 448.30 Td (impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 436.30 Td (to ) Tj ET Q q 0 0 0 rg BT 113.78 436.30 Td (the ) Tj ET Q q 0 0 0 rg BT 128.50 436.30 Td (Company's ) Tj ET Q q 0 0 0 rg BT 175.58 436.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 228.62 436.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 266.10 436.30 Td (statements. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 418.30 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 136.89 418.30 Td (standards ) Tj ET Q q 0 0 0 rg BT 181.63 418.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 210.25 418.30 Td (but ) Tj ET Q q 0 0 0 rg BT 227.20 418.30 Td (not ) Tj ET Q q 0 0 0 rg BT 243.60 418.30 Td (yet ) Tj ET Q q 0 0 0 rg BT 258.86 418.30 Td (applied) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 400.30 Td (i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 400.30 Td (In ) Tj ET Q q 0 0 0 rg BT 114.58 400.30 Td (January ) Tj ET Q q 0 0 0 rg BT 148.42 400.30 Td (2016, ) Tj ET Q q 0 0 0 rg BT 173.67 400.30 Td (the ) Tj ET Q q 0 0 0 rg BT 188.64 400.30 Td (IASB ) Tj ET Q q 0 0 0 rg BT 214.17 400.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 241.92 400.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 265.79 400.30 Td (16, ) Tj ET Q q 0 0 0 rg BT 281.04 400.30 Td (Leases ) Tj ET Q q 0 0 0 rg BT 310.99 400.30 Td (\(") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.40 400.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 343.93 400.30 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.93 400.30 Td ("\) ) Tj ET Q q 0 0 0 rg BT 364.09 400.30 Td (ef) Tj ET Q q 0 0 0 rg BT 371.68 400.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 401.63 400.30 Td (for ) Tj ET Q q 0 0 0 rg BT 416.04 400.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 445.44 400.30 Td (periods ) Tj ET Q q 0 0 0 rg BT 477.63 400.30 Td (beginning ) Tj ET Q q 0 0 0 rg BT 520.37 400.30 Td (on ) Tj ET Q q 0 0 0 rg BT 533.12 400.30 Td (or ) Tj ET Q q 0 0 0 rg BT 544.20 400.30 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 388.30 Td (January ) Tj ET Q q 0 0 0 rg BT 136.26 388.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 145.43 388.30 Td (2019. ) Tj ET Q q 0 0 0 rg BT 169.59 388.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 192.38 388.30 Td (16 ) Tj ET Q q 0 0 0 rg BT 204.04 388.30 Td (provides ) Tj ET Q q 0 0 0 rg BT 240.14 388.30 Td (a ) Tj ET Q q 0 0 0 rg BT 246.25 388.30 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 308.44 388.30 Td (model ) Tj ET Q q 0 0 0 rg BT 335.10 388.30 Td (for ) Tj ET Q q 0 0 0 rg BT 348.43 388.30 Td (the ) Tj ET Q q 0 0 0 rg BT 362.31 388.30 Td (measurement, ) Tj ET Q q 0 0 0 rg BT 419.78 388.30 Td (presentation ) Tj ET Q q 0 0 0 rg BT 470.32 388.30 Td (and ) Tj ET Q q 0 0 0 rg BT 486.42 388.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 528.63 388.30 Td (of ) Tj ET Q q 0 0 0 rg BT 538.63 388.30 Td (leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 376.30 Td (and ) Tj ET Q q 0 0 0 rg BT 120.18 376.30 Td (replaces ) Tj ET Q q 0 0 0 rg BT 155.18 376.30 Td (IAS ) Tj ET Q q 0 0 0 rg BT 173.53 376.30 Td (17, ) Tj ET Q q 0 0 0 rg BT 188.28 376.30 Td (Leases. ) Tj ET Q q 0 0 0 rg BT 220.06 376.30 Td (The ) Tj ET Q q 0 0 0 rg BT 237.85 376.30 Td (adoption ) Tj ET Q q 0 0 0 rg BT 275.09 376.30 Td (of ) Tj ET Q q 0 0 0 rg BT 285.66 376.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 309.03 376.30 Td (16 ) Tj ET Q q 0 0 0 rg BT 321.27 376.30 Td (will ) Tj ET Q q 0 0 0 rg BT 339.07 376.30 Td (result ) Tj ET Q q 0 0 0 rg BT 363.53 376.30 Td (in ) Tj ET Q q 0 0 0 rg BT 373.55 376.30 Td (substantially ) Tj ET Q q 0 0 0 rg BT 426.35 376.30 Td (all ) Tj ET Q q 0 0 0 rg BT 438.58 376.30 Td (lessee ) Tj ET Q q 0 0 0 rg BT 464.70 376.30 Td (leases ) Tj ET Q q 0 0 0 rg BT 490.82 376.30 Td (being ) Tj ET Q q 0 0 0 rg BT 515.28 376.30 Td (recorded ) Tj ET Q q 0 0 0 rg BT 552.50 376.30 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 364.30 Td (the ) Tj ET Q q 0 0 0 rg BT 118.11 364.30 Td (balance ) Tj ET Q q 0 0 0 rg BT 151.04 364.30 Td (sheet ) Tj ET Q q 0 0 0 rg BT 173.98 364.30 Td (as ) Tj ET Q q 0 0 0 rg BT 184.70 364.30 Td (an ) Tj ET Q q 0 0 0 rg BT 196.53 364.30 Td (asset ) Tj ET Q q 0 0 0 rg BT 218.37 364.30 Td (with ) Tj ET Q q 0 0 0 rg BT 238.54 364.30 Td (a ) Tj ET Q q 0 0 0 rg BT 245.37 364.30 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 304.97 364.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 338.48 364.30 Td (with ) Tj ET Q q 0 0 0 rg BT 358.65 364.30 Td (both ) Tj ET Q q 0 0 0 rg BT 378.82 364.30 Td (current ) Tj ET Q q 0 0 0 rg BT 409.53 364.30 Td (and ) Tj ET Q q 0 0 0 rg BT 426.36 364.30 Td (long-term ) Tj ET Q q 0 0 0 rg BT 468.19 364.30 Td (portions. ) Tj ET Q q 0 0 0 rg BT 505.69 364.30 Td (The ) Tj ET Q q 0 0 0 rg BT 523.63 364.30 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 352.30 Td (is ) Tj ET Q q 0 0 0 rg BT 112.67 352.30 Td (currently ) Tj ET Q q 0 0 0 rg BT 151.26 352.30 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 195.41 352.30 Td (the ) Tj ET Q q 0 0 0 rg BT 210.13 352.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 239.84 352.30 Td (of ) Tj ET Q q 0 0 0 rg BT 250.67 352.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 274.30 352.30 Td (16 ) Tj ET Q q 0 0 0 rg BT 286.80 352.30 Td (on ) Tj ET Q q 0 0 0 rg BT 299.30 352.30 Td (its ) Tj ET Q q 0 0 0 rg BT 311.24 352.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 364.29 352.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.77 352.30 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 334.30 Td (ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 334.30 Td (In ) Tj ET Q q 0 0 0 rg BT 114.12 334.30 Td (June ) Tj ET Q q 0 0 0 rg BT 134.74 334.30 Td (2017, ) Tj ET Q q 0 0 0 rg BT 159.53 334.30 Td (the ) Tj ET Q q 0 0 0 rg BT 174.03 334.30 Td (IASB ) Tj ET Q q 0 0 0 rg BT 199.11 334.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 226.39 334.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 254.25 334.30 Td (23 ) Tj ET Q q 0 0 0 rg BT 266.53 334.30 Td (to ) Tj ET Q q 0 0 0 rg BT 276.60 334.30 Td (clarify ) Tj ET Q q 0 0 0 rg BT 304.98 334.30 Td (how ) Tj ET Q q 0 0 0 rg BT 324.50 334.30 Td (the ) Tj ET Q q 0 0 0 rg BT 339.00 334.30 Td (requirements ) Tj ET Q q 0 0 0 rg BT 393.49 334.30 Td (of ) Tj ET Q q 0 0 0 rg BT 404.11 334.30 Td (IAS ) Tj ET Q q 0 0 0 rg BT 422.51 334.30 Td (12 ) Tj ET Q q 0 0 0 rg BT 434.80 334.30 Td (Income ) Tj ET Q q 0 0 0 rg BT 466.91 334.30 Td (T) Tj ET Q q 0 0 0 rg BT 472.32 334.30 Td (axes ) Tj ET Q q 0 0 0 rg BT 492.38 334.30 Td (should ) Tj ET Q q 0 0 0 rg BT 521.34 334.30 Td (be ) Tj ET Q q 0 0 0 rg BT 533.07 334.30 Td (applied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 322.30 Td (when ) Tj ET Q q 0 0 0 rg BT 127.26 322.30 Td (there ) Tj ET Q q 0 0 0 rg BT 149.35 322.30 Td (is ) Tj ET Q q 0 0 0 rg BT 158.13 322.30 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 205.21 322.30 Td (over ) Tj ET Q q 0 0 0 rg BT 225.09 322.30 Td (income ) Tj ET Q q 0 0 0 rg BT 256.63 322.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 270.95 322.30 Td (treatments. ) Tj ET Q q 0 0 0 rg BT 317.05 322.30 Td (The ) Tj ET Q q 0 0 0 rg BT 334.70 322.30 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 390.67 322.30 Td (is ) Tj ET Q q 0 0 0 rg BT 399.45 322.30 Td (ef) Tj ET Q q 0 0 0 rg BT 407.03 322.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 436.34 322.30 Td (for ) Tj ET Q q 0 0 0 rg BT 450.11 322.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 478.87 322.30 Td (periods ) Tj ET Q q 0 0 0 rg BT 510.41 322.30 Td (beginning ) Tj ET Q q 0 0 0 rg BT 552.51 322.30 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 310.30 Td (or ) Tj ET Q q 0 0 0 rg BT 113.39 310.30 Td (after ) Tj ET Q q 0 0 0 rg BT 133.27 310.30 Td (January ) Tj ET Q q 0 0 0 rg BT 165.93 310.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 174.99 310.30 Td (2019, ) Tj ET Q q 0 0 0 rg BT 199.06 310.30 Td (with ) Tj ET Q q 0 0 0 rg BT 218.40 310.30 Td (modified ) Tj ET Q q 0 0 0 rg BT 256.06 310.30 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 309.27 310.30 Td (or ) Tj ET Q q 0 0 0 rg BT 319.16 310.30 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 372.36 310.30 Td (application ) Tj ET Q q 0 0 0 rg BT 418.35 310.30 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 460.62 310.30 Td (The ) Tj ET Q q 0 0 0 rg BT 477.73 310.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 518.18 310.30 Td (is ) Tj ET Q q 0 0 0 rg BT 526.41 310.30 Td (currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 298.30 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 147.65 298.30 Td (the ) Tj ET Q q 0 0 0 rg BT 162.37 298.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 192.08 298.30 Td (of ) Tj ET Q q 0 0 0 rg BT 202.91 298.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 230.97 298.30 Td (23 ) Tj ET Q q 0 0 0 rg BT 243.47 298.30 Td (on ) Tj ET Q q 0 0 0 rg BT 255.97 298.30 Td (its ) Tj ET Q q 0 0 0 rg BT 267.92 298.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 320.96 298.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 358.44 298.30 Td (statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 280.30 Td (Significant ) Tj ET Q q 0 0 0 rg BT 116.12 280.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 165.29 280.30 Td (judgments ) Tj ET Q q 0 0 0 rg BT 212.79 280.30 Td (and ) Tj ET Q q 0 0 0 rg BT 231.42 280.30 Td (estimation ) Tj ET Q q 0 0 0 rg BT 278.35 280.30 Td (uncertainty) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 262.30 Td (The ) Tj ET Q q 0 0 0 rg BT 103.24 262.30 Td (preparation ) Tj ET Q q 0 0 0 rg BT 150.97 262.30 Td (of ) Tj ET Q q 0 0 0 rg BT 161.49 262.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 198.67 262.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 243.07 262.30 Td (under ) Tj ET Q q 0 0 0 rg BT 268.03 262.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 291.35 262.30 Td (requires ) Tj ET Q q 0 0 0 rg BT 325.75 262.30 Td (the ) Tj ET Q q 0 0 0 rg BT 340.16 262.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 381.24 262.30 Td (to ) Tj ET Q q 0 0 0 rg BT 391.21 262.30 Td (make ) Tj ET Q q 0 0 0 rg BT 415.06 262.30 Td (estimates ) Tj ET Q q 0 0 0 rg BT 454.47 262.30 Td (and ) Tj ET Q q 0 0 0 rg BT 471.10 262.30 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 522.74 262.30 Td (that ) Tj ET Q q 0 0 0 rg BT 539.93 262.30 Td (af) Tj ET Q q 0 0 0 rg BT 547.52 262.30 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 250.30 Td (the ) Tj ET Q q 0 0 0 rg BT 81.34 250.30 Td (application ) Tj ET Q q 0 0 0 rg BT 127.40 250.30 Td (of ) Tj ET Q q 0 0 0 rg BT 137.36 250.30 Td (policies ) Tj ET Q q 0 0 0 rg BT 170.09 250.30 Td (and ) Tj ET Q q 0 0 0 rg BT 186.15 250.30 Td (reported ) Tj ET Q q 0 0 0 rg BT 221.10 250.30 Td (amounts. ) Tj ET Q q 0 0 0 rg BT 259.11 250.30 Td (Estimates ) Tj ET Q q 0 0 0 rg BT 299.62 250.30 Td (and ) Tj ET Q q 0 0 0 rg BT 315.69 250.30 Td (judgments ) Tj ET Q q 0 0 0 rg BT 358.98 250.30 Td (are ) Tj ET Q q 0 0 0 rg BT 372.81 250.30 Td (continually ) Tj ET Q q 0 0 0 rg BT 419.43 250.30 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 459.37 250.30 Td (and ) Tj ET Q q 0 0 0 rg BT 475.44 250.30 Td (are ) Tj ET Q q 0 0 0 rg BT 489.27 250.30 Td (based ) Tj ET Q q 0 0 0 rg BT 513.67 250.30 Td (on ) Tj ET Q q 0 0 0 rg BT 525.29 250.30 Td (historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 238.30 Td (experience ) Tj ET Q q 0 0 0 rg BT 113.81 238.30 Td (and ) Tj ET Q q 0 0 0 rg BT 131.25 238.30 Td (other ) Tj ET Q q 0 0 0 rg BT 154.81 238.30 Td (factors ) Tj ET Q q 0 0 0 rg BT 185.02 238.30 Td (including ) Tj ET Q q 0 0 0 rg BT 225.81 238.30 Td (expectations ) Tj ET Q q 0 0 0 rg BT 278.79 238.30 Td (of ) Tj ET Q q 0 0 0 rg BT 290.13 238.30 Td (future ) Tj ET Q q 0 0 0 rg BT 317.02 238.30 Td (events ) Tj ET Q q 0 0 0 rg BT 345.57 238.30 Td (that ) Tj ET Q q 0 0 0 rg BT 363.57 238.30 Td (are ) Tj ET Q q 0 0 0 rg BT 378.79 238.30 Td (believed ) Tj ET Q q 0 0 0 rg BT 415.67 238.30 Td (to ) Tj ET Q q 0 0 0 rg BT 426.46 238.30 Td (be ) Tj ET Q q 0 0 0 rg BT 438.90 238.30 Td (reasonable. ) Tj ET Q q 0 0 0 rg BT 486.50 238.30 Td (Actual ) Tj ET Q q 0 0 0 rg BT 516.16 238.30 Td (results ) Tj ET Q q 0 0 0 rg BT 545.28 238.30 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 226.30 Td (dif) Tj ET Q q 0 0 0 rg BT 78.43 226.30 Td (fer ) Tj ET Q q 0 0 0 rg BT 92.63 226.30 Td (materially ) Tj ET Q q 0 0 0 rg BT 136.27 226.30 Td (from ) Tj ET Q q 0 0 0 rg BT 158.82 226.30 Td (these ) Tj ET Q q 0 0 0 rg BT 182.47 226.30 Td (estimates. ) Tj ET Q q 0 0 0 rg BT 225.06 226.30 Td (The ) Tj ET Q q 0 0 0 rg BT 243.72 226.30 Td (Company's ) Tj ET Q q 0 0 0 rg BT 291.40 226.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 336.72 226.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 383.70 226.30 Td (judgments ) Tj ET Q q 0 0 0 rg BT 428.47 226.30 Td (and ) Tj ET Q q 0 0 0 rg BT 446.01 226.30 Td (estimation ) Tj ET Q q 0 0 0 rg BT 490.78 226.30 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 538.86 226.30 Td (are ) Tj ET Q q 0 0 0 rg BT 554.17 226.30 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 214.30 Td (described ) Tj ET Q q 0 0 0 rg BT 107.59 214.30 Td (in ) Tj ET Q q 0 0 0 rg BT 117.15 214.30 Td (the ) Tj ET Q q 0 0 0 rg BT 131.15 214.30 Td (June ) Tj ET Q q 0 0 0 rg BT 151.26 214.30 Td (30, ) Tj ET Q q 0 0 0 rg BT 165.53 214.30 Td (2018 ) Tj ET Q q 0 0 0 rg BT 187.31 214.30 Td (notes ) Tj ET Q q 0 0 0 rg BT 210.20 214.30 Td (to ) Tj ET Q q 0 0 0 rg BT 219.76 214.30 Td (the ) Tj ET Q q 0 0 0 rg BT 233.75 214.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 270.51 214.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 314.50 214.30 Td (other ) Tj ET Q q 0 0 0 rg BT 336.83 214.30 Td (than ) Tj ET Q q 0 0 0 rg BT 355.82 214.30 Td (as ) Tj ET Q q 0 0 0 rg BT 365.93 214.30 Td (related ) Tj ET Q q 0 0 0 rg BT 394.91 214.30 Td (to ) Tj ET Q q 0 0 0 rg BT 404.47 214.30 Td (the ) Tj ET Q q 0 0 0 rg BT 418.47 214.30 Td (implementation ) Tj ET Q q 0 0 0 rg BT 483.01 214.30 Td (of ) Tj ET Q q 0 0 0 rg BT 493.12 214.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 516.02 214.30 Td (9, ) Tj ET Q q 0 0 0 rg BT 525.30 214.30 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 202.30 Td (Instruments, ) Tj ET Q q 0 0 0 rg BT 119.72 202.30 Td (and ) Tj ET Q q 0 0 0 rg BT 136.66 202.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 160.28 202.30 Td (15, ) Tj ET Q q 0 0 0 rg BT 175.28 202.30 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 212.76 202.30 Td (from ) Tj ET Q q 0 0 0 rg BT 234.70 202.30 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 275.53 202.30 Td (with ) Tj ET Q q 0 0 0 rg BT 295.81 202.30 Td (customers, ) Tj ET Q q 0 0 0 rg BT 341.35 202.30 Td (which ) Tj ET Q q 0 0 0 rg BT 368.29 202.30 Td (are ) Tj ET Q q 0 0 0 rg BT 383.00 202.30 Td (described ) Tj ET Q q 0 0 0 rg BT 423.81 202.30 Td (above. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 183.10 Td (Financial Instruments and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 192.19 183.10 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 194.94 183.10 Td (Risk Management) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 165.10 Td (The ) Tj ET Q q 0 0 0 rg BT 102.48 165.10 Td (Company) Tj ET Q q 0 0 0 rg BT 144.14 165.10 Td (s ) Tj ET Q q 0 0 0 rg BT 149.46 165.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 185.88 165.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 233.97 165.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 263.18 165.10 Td (of ) Tj ET Q q 0 0 0 rg BT 272.94 165.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 292.14 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 308.01 165.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 327.21 165.10 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 376.68 165.10 Td (as ) Tj ET Q q 0 0 0 rg BT 386.44 165.10 Td (well ) Tj ET Q q 0 0 0 rg BT 405.09 165.10 Td (as ) Tj ET Q q 0 0 0 rg BT 414.85 165.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 434.05 165.10 Td (held ) Tj ET Q q 0 0 0 rg BT 452.70 165.10 Td (in ) Tj ET Q q 0 0 0 rg BT 461.91 165.10 Td (trust, ) Tj ET Q q 0 0 0 rg BT 483.62 165.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 518.93 165.10 Td (receivable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 153.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 109.02 153.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 144.99 153.10 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 190.66 153.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 212.18 153.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 265.93 153.10 Td (\(when ) Tj ET Q q 0 0 0 rg BT 293.00 153.10 Td (drawn\), ) Tj ET Q q 0 0 0 rg BT 325.91 153.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 356.88 153.10 Td (production ) Tj ET Q q 0 0 0 rg BT 402.29 153.10 Td (financing, ) Tj ET Q q 0 0 0 rg BT 444.64 153.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 481.71 153.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 514.89 153.10 Td (and ) Tj ET Q q 0 0 0 rg BT 531.42 153.10 Td (accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 141.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 108.56 141.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 149.33 141.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 167.89 141.10 Td (and ) Tj ET Q q 0 0 0 rg BT 183.67 141.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 229.45 141.10 Td (under ) Tj ET Q q 0 0 0 rg BT 253.56 141.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 284.32 141.10 Td (leases, ) Tj ET Q q 0 0 0 rg BT 312.04 141.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.82 141.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 356.36 141.10 Td (items ) Tj ET Q q 0 0 0 rg BT 379.37 141.10 Td (included ) Tj ET Q q 0 0 0 rg BT 415.14 141.10 Td (within ) Tj ET Q q 0 0 0 rg BT 442.04 141.10 Td (other ) Tj ET Q q 0 0 0 rg BT 463.93 141.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 504.89 141.10 Td (The ) Tj ET Q q 0 0 0 rg BT 521.77 141.10 Td (Company) Tj ET Q q 0 0 0 rg BT 560.01 141.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 129.10 Td (through ) Tj ET Q q 0 0 0 rg BT 100.69 129.10 Td (its ) Tj ET Q q 0 0 0 rg BT 112.22 129.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 149.28 129.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 174.69 129.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.21 129.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 233.01 129.10 Td (has ) Tj ET Q q 0 0 0 rg BT 248.42 129.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 286.60 129.10 Td (to ) Tj ET Q q 0 0 0 rg BT 296.46 129.10 Td (the ) Tj ET Q q 0 0 0 rg BT 310.76 129.10 Td (following ) Tj ET Q q 0 0 0 rg BT 351.73 129.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 372.70 129.10 Td (from ) Tj ET Q q 0 0 0 rg BT 394.22 129.10 Td (its ) Tj ET Q q 0 0 0 rg BT 405.75 129.10 Td (use ) Tj ET Q q 0 0 0 rg BT 421.16 129.10 Td (of ) Tj ET Q q 0 0 0 rg BT 431.58 129.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 468.64 129.10 Td (instruments: ) Tj ET Q q 0 0 0 rg BT 520.16 129.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 545.01 129.10 Td (risk, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 117.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 99.49 117.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 117.04 117.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 137.10 117.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 173.55 117.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 193.62 117.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.62 117.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 248.15 117.10 Td (risk. ) Tj ET Q q 0 0 0 rg BT 268.21 117.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 322.98 117.10 Td (monitors ) Tj ET Q q 0 0 0 rg BT 361.09 117.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 378.65 117.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 404.54 117.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.54 117.10 Td (reviews ) Tj ET Q q 0 0 0 rg BT 455.20 117.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 472.76 117.10 Td (management ) Tj ET Q q 0 0 0 rg BT 526.41 117.10 Td (activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 105.10 Td (as ) Tj ET Q q 0 0 0 rg BT 78.33 105.10 Td (they ) Tj ET Q q 0 0 0 rg BT 98.05 105.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 140.53 105.10 Td (to ) Tj ET Q q 0 0 0 rg BT 150.81 105.10 Td (be ) Tj ET Q q 0 0 0 rg BT 162.74 105.10 Td (necessary) Tj ET Q q 0 0 0 rg BT 200.96 105.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 87.10 Td (Credit Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 69.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 113.30 69.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 131.10 69.10 Td (arises ) Tj ET Q q 0 0 0 rg BT 156.67 69.10 Td (from ) Tj ET Q q 0 0 0 rg BT 178.91 69.10 Td (cash, ) Tj ET Q q 0 0 0 rg BT 201.98 69.10 Td (as ) Tj ET Q q 0 0 0 rg BT 213.11 69.10 Td (well ) Tj ET Q q 0 0 0 rg BT 233.13 69.10 Td (as ) Tj ET Q q 0 0 0 rg BT 244.26 69.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 269.83 69.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 308.73 69.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.31 69.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 365.16 69.10 Td (including ) Tj ET Q q 0 0 0 rg BT 405.73 69.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 455.20 69.10 Td (receivables. ) Tj ET Q q 0 0 0 rg BT 505.27 69.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.62 69.10 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 57.10 Td (manages ) Tj ET Q q 0 0 0 rg BT 105.00 57.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 130.27 57.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 147.78 57.10 Td (for ) Tj ET Q q 0 0 0 rg BT 161.95 57.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 182.23 57.10 Td (by ) Tj ET Q q 0 0 0 rg BT 194.74 57.10 Td (ensuring ) Tj ET Q q 0 0 0 rg BT 231.68 57.10 Td (that ) Tj ET Q q 0 0 0 rg BT 249.19 57.10 Td (the ) Tj ET Q q 0 0 0 rg BT 263.92 57.10 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 323.07 57.10 Td (are ) Tj ET Q q 0 0 0 rg BT 337.78 57.10 Td (banks, ) Tj ET Q q 0 0 0 rg BT 366.12 57.10 Td (governments ) Tj ET Q q 0 0 0 rg BT 420.29 57.10 Td (and ) Tj ET Q q 0 0 0 rg BT 437.24 57.10 Td (government ) Tj ET Q q 0 0 0 rg BT 487.51 57.10 Td (agencies ) Tj ET Q q 0 0 0 rg BT 524.44 57.10 Td (with ) Tj ET Q q 0 0 0 rg BT 544.73 57.10 Td (high ) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 742.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 94.55 742.10 Td (ratings. ) Tj ET Q q 0 0 0 rg BT 128.25 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 148.09 742.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 192.93 742.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 233.32 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 245.39 742.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 272.44 742.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 291.73 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 307.68 742.10 Td (cash, ) Tj ET Q q 0 0 0 rg BT 332.24 742.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 370.42 742.10 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 418.29 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 437.02 742.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 480.74 742.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 518.92 742.10 Td (receivable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 730.10 Td (approximates ) Tj ET Q q 0 0 0 rg BT 123.87 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 138.59 730.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 171.08 730.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 208.56 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 221.06 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 235.78 730.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 288.82 730.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 321.85 730.10 Td (sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 712.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.11 712.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 135.71 712.10 Td (of ) Tj ET Q q 0 0 0 rg BT 146.11 712.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 168.16 712.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 204.12 712.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 247.26 712.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.77 712.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 305.27 712.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 341.22 712.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 384.37 712.10 Td (are ) Tj ET Q q 0 0 0 rg BT 398.64 712.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 428.48 712.10 Td (with ) Tj ET Q q 0 0 0 rg BT 448.33 712.10 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 488.16 712.10 Td (broadcasters, ) Tj ET Q q 0 0 0 rg BT 542.70 712.10 Td (lar) Tj ET Q q 0 0 0 rg BT 553.07 712.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td (international ) Tj ET Q q 0 0 0 rg BT 119.41 700.10 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 170.75 700.10 Td (and ) Tj ET Q q 0 0 0 rg BT 186.56 700.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 234.05 700.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 280.68 700.10 Td (and ) Tj ET Q q 0 0 0 rg BT 296.49 700.10 Td (lar) Tj ET Q q 0 0 0 rg BT 306.86 700.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 317.67 700.10 Td (international ) Tj ET Q q 0 0 0 rg BT 369.58 700.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 396.50 700.10 Td (platform ) Tj ET Q q 0 0 0 rg BT 432.30 700.10 Td (providers. ) Tj ET Q q 0 0 0 rg BT 473.94 700.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 527.52 700.10 Td (manages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 688.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 93.90 688.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 112.54 688.10 Td (by ) Tj ET Q q 0 0 0 rg BT 126.18 688.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 165.92 688.10 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 209.54 688.10 Td (aged ) Tj ET Q q 0 0 0 rg BT 232.06 688.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 270.69 688.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 319.30 688.10 Td (and ) Tj ET Q q 0 0 0 rg BT 337.38 688.10 Td (performing ) Tj ET Q q 0 0 0 rg BT 386.00 688.10 Td (rigorous ) Tj ET Q q 0 0 0 rg BT 422.97 688.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 449.38 688.10 Td (analysis. ) Tj ET Q q 0 0 0 rg BT 487.47 688.10 Td (The ) Tj ET Q q 0 0 0 rg BT 506.66 688.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 549.18 688.10 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 107.17 676.10 Td (its ) Tj ET Q q 0 0 0 rg BT 117.97 676.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 159.85 676.10 Td (for ) Tj ET Q q 0 0 0 rg BT 172.86 676.10 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 208.09 676.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 244.43 676.10 Td (based ) Tj ET Q q 0 0 0 rg BT 268.55 676.10 Td (on ) Tj ET Q q 0 0 0 rg BT 279.89 676.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.46 676.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 333.13 676.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 381.11 676.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 416.35 676.10 Td (as ) Tj ET Q q 0 0 0 rg BT 426.02 676.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 472.35 676.10 Td (by ) Tj ET Q q 0 0 0 rg BT 483.70 676.10 Td (using ) Tj ET Q q 0 0 0 rg BT 506.72 676.10 Td (a ) Tj ET Q q 0 0 0 rg BT 512.51 676.10 Td (combination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 664.10 Td (of ) Tj ET Q q 0 0 0 rg BT 77.35 664.10 Td (the ) Tj ET Q q 0 0 0 rg BT 91.09 664.10 Td (customer's ) Tj ET Q q 0 0 0 rg BT 134.96 664.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 173.69 664.10 Td (default ) Tj ET Q q 0 0 0 rg BT 202.98 664.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 247.80 664.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.76 664.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 300.81 664.10 Td (future ) Tj ET Q q 0 0 0 rg BT 326.21 664.10 Td (losses, ) Tj ET Q q 0 0 0 rg BT 354.12 664.10 Td (which ) Tj ET Q q 0 0 0 rg BT 380.08 664.10 Td (is ) Tj ET Q q 0 0 0 rg BT 388.27 664.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 447.55 664.10 Td (4% ) Tj ET Q q 0 0 0 rg BT 462.40 664.10 Td (against ) Tj ET Q q 0 0 0 rg BT 492.25 664.10 Td (the ) Tj ET Q q 0 0 0 rg BT 505.99 664.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 528.62 664.10 Td (amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 652.10 Td (for ) Tj ET Q q 0 0 0 rg BT 81.66 652.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 111.36 652.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 133.85 652.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 170.23 652.10 Td (receivable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 634.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.10 634.10 Td (assessing ) Tj ET Q q 0 0 0 rg BT 135.59 634.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 160.62 634.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 180.39 634.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 234.87 634.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 270.46 634.10 Td (in ) Tj ET Q q 0 0 0 rg BT 280.51 634.10 Td (its ) Tj ET Q q 0 0 0 rg BT 292.23 634.10 Td (assessment ) Tj ET Q q 0 0 0 rg BT 338.93 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 353.42 634.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 395.12 634.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 442.36 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 459.07 634.10 Td (considers ) Tj ET Q q 0 0 0 rg BT 499.11 634.10 Td (what ) Tj ET Q q 0 0 0 rg BT 520.82 634.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 550.30 634.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 622.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 109.20 622.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 136.45 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 147.04 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.52 622.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 204.86 622.10 Td (has ) Tj ET Q q 0 0 0 rg BT 220.45 622.10 Td (on ) Tj ET Q q 0 0 0 rg BT 232.72 622.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 257.74 622.10 Td (risk. ) Tj ET Q q 0 0 0 rg BT 277.51 622.10 Td (For ) Tj ET Q q 0 0 0 rg BT 293.66 622.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 323.13 622.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 379.25 622.10 Td (with ) Tj ET Q q 0 0 0 rg BT 399.29 622.10 Td (licensees, ) Tj ET Q q 0 0 0 rg BT 440.15 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 454.63 622.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 495.78 622.10 Td (is ) Tj ET Q q 0 0 0 rg BT 504.71 622.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 550.29 622.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 610.10 Td (agent, ) Tj ET Q q 0 0 0 rg BT 94.63 610.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.03 610.10 Td (only ) Tj ET Q q 0 0 0 rg BT 132.78 610.10 Td (reports ) Tj ET Q q 0 0 0 rg BT 163.52 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.71 610.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 213.32 610.10 Td (net ) Tj ET Q q 0 0 0 rg BT 228.51 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.81 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.00 610.10 Td (licensor) Tj ET Q q 0 0 0 rg BT 287.02 610.10 Td () Tj ET Q q 0 0 0 rg BT 289.80 610.10 Td (s ) Tj ET Q q 0 0 0 rg BT 296.67 610.10 Td (share. ) Tj ET Q q 0 0 0 rg BT 323.02 610.10 Td (When ) Tj ET Q q 0 0 0 rg BT 349.87 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 365.05 610.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 406.91 610.10 Td (bills ) Tj ET Q q 0 0 0 rg BT 427.11 610.10 Td (a ) Tj ET Q q 0 0 0 rg BT 434.52 610.10 Td (third ) Tj ET Q q 0 0 0 rg BT 456.37 610.10 Td (party ) Tj ET Q q 0 0 0 rg BT 479.89 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 490.64 610.10 Td (full ) Tj ET Q q 0 0 0 rg BT 507.50 610.10 Td (where ) Tj ET Q q 0 0 0 rg BT 534.89 610.10 Td (it ) Tj ET Q q 0 0 0 rg BT 543.42 610.10 Td (is ) Tj ET Q q 0 0 0 rg BT 553.06 610.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 598.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 91.51 598.10 Td (for ) Tj ET Q q 0 0 0 rg BT 105.53 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.10 598.10 Td (licensor) Tj ET Q q 0 0 0 rg BT 151.36 598.10 Td (, ) Tj ET Q q 0 0 0 rg BT 156.22 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.79 598.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 212.04 598.10 Td (records ) Tj ET Q q 0 0 0 rg BT 243.82 598.10 Td (an ) Tj ET Q q 0 0 0 rg BT 255.62 598.10 Td (of) Tj ET Q q 0 0 0 rg BT 263.77 598.10 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 296.12 598.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 328.47 598.10 Td (in ) Tj ET Q q 0 0 0 rg BT 338.61 598.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 375.95 598.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 409.40 598.10 Td (that ) Tj ET Q q 0 0 0 rg BT 426.75 598.10 Td (is ) Tj ET Q q 0 0 0 rg BT 435.78 598.10 Td (only ) Tj ET Q q 0 0 0 rg BT 455.92 598.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 489.37 598.10 Td (to ) Tj ET Q q 0 0 0 rg BT 499.50 598.10 Td (a ) Tj ET Q q 0 0 0 rg BT 506.30 598.10 Td (licensee ) Tj ET Q q 0 0 0 rg BT 540.86 598.10 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 81.98 586.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 114.25 586.10 Td (is ) Tj ET Q q 0 0 0 rg BT 123.18 586.10 Td (collected ) Tj ET Q q 0 0 0 rg BT 161.54 586.10 Td (from ) Tj ET Q q 0 0 0 rg BT 183.24 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 197.73 586.10 Td (third ) Tj ET Q q 0 0 0 rg BT 218.88 586.10 Td (party) Tj ET Q q 0 0 0 rg BT 238.78 586.10 Td (. ) Tj ET Q q 0 0 0 rg BT 243.38 586.10 Td (This ) Tj ET Q q 0 0 0 rg BT 263.43 586.10 Td (reduces ) Tj ET Q q 0 0 0 rg BT 296.23 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 310.72 586.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 330.48 586.10 Td (as ) Tj ET Q q 0 0 0 rg BT 341.08 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.56 586.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 396.72 586.10 Td (is ) Tj ET Q q 0 0 0 rg BT 405.66 586.10 Td (only ) Tj ET Q q 0 0 0 rg BT 425.70 586.10 Td (exposed ) Tj ET Q q 0 0 0 rg BT 460.74 586.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.78 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.27 586.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 521.42 586.10 Td (receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 574.10 Td (related ) Tj ET Q q 0 0 0 rg BT 97.20 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 107.48 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.20 574.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 156.34 574.10 Td (it ) Tj ET Q q 0 0 0 rg BT 164.40 574.10 Td (records.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 556.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 101.67 556.10 Td (Rate ) Tj ET Q q 0 0 0 rg BT 123.06 556.10 Td (Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 538.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.03 538.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 143.90 538.10 Td (is ) Tj ET Q q 0 0 0 rg BT 152.56 538.10 Td (exposed ) Tj ET Q q 0 0 0 rg BT 187.31 538.10 Td (to ) Tj ET Q q 0 0 0 rg BT 197.07 538.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 228.49 538.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 245.46 538.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 262.45 538.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 291.65 538.10 Td (from ) Tj ET Q q 0 0 0 rg BT 313.07 538.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 362.27 538.10 Td (in ) Tj ET Q q 0 0 0 rg BT 372.03 538.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 403.45 538.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 424.31 538.10 Td (as ) Tj ET Q q 0 0 0 rg BT 434.63 538.10 Td (its ) Tj ET Q q 0 0 0 rg BT 446.06 538.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 476.93 538.10 Td (production ) Tj ET Q q 0 0 0 rg BT 522.24 538.10 Td (financing, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 526.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 97.26 526.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 139.25 526.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 161.53 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.53 526.10 Td (a ) Tj ET Q q 0 0 0 rg BT 185.52 526.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 216.97 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 227.86 526.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 248.18 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 265.18 526.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 285.51 526.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 333.61 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 350.61 526.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 370.93 526.10 Td (held ) Tj ET Q q 0 0 0 rg BT 390.71 526.10 Td (in ) Tj ET Q q 0 0 0 rg BT 401.04 526.10 Td (trust ) Tj ET Q q 0 0 0 rg BT 421.38 526.10 Td (bear ) Tj ET Q q 0 0 0 rg BT 441.15 526.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 473.14 526.10 Td (at ) Tj ET Q q 0 0 0 rg BT 482.92 526.10 Td (floating ) Tj ET Q q 0 0 0 rg BT 516.58 526.10 Td (rates. ) Tj ET Q q 0 0 0 rg BT 539.95 526.10 Td (A) Tj ET Q q 0 0 0 rg BT 546.62 526.10 Td ( ) Tj ET Q q 0 0 0 rg BT 549.18 526.10 Td (1% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 514.10 Td (fluctuation ) Tj ET Q q 0 0 0 rg BT 113.32 514.10 Td (would ) Tj ET Q q 0 0 0 rg BT 140.82 514.10 Td (have ) Tj ET Q q 0 0 0 rg BT 162.20 514.10 Td (an ) Tj ET Q q 0 0 0 rg BT 174.14 514.10 Td (approximate ) Tj ET Q q 0 0 0 rg BT 226.62 514.10 Td ($6.0-7.0 ) Tj ET Q q 0 0 0 rg BT 262.45 514.10 Td (million ) Tj ET Q q 0 0 0 rg BT 293.84 514.10 Td (ef) Tj ET Q q 0 0 0 rg BT 301.43 514.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 318.91 514.10 Td (on ) Tj ET Q q 0 0 0 rg BT 331.41 514.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 360.57 514.10 Td (net ) Tj ET Q q 0 0 0 rg BT 375.28 514.10 Td (income ) Tj ET Q q 0 0 0 rg BT 407.22 514.10 Td (before ) Tj ET Q q 0 0 0 rg BT 435.25 514.10 Td (income ) Tj ET Q q 0 0 0 rg BT 467.19 514.10 Td (taxes.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 496.10 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 107.22 496.10 Td (Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 478.10 Td (The ) Tj ET Q q 0 0 0 rg BT 102.81 478.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 143.45 478.10 Td (manages ) Tj ET Q q 0 0 0 rg BT 180.20 478.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 215.85 478.10 Td (by ) Tj ET Q q 0 0 0 rg BT 227.61 478.10 Td (forecasting ) Tj ET Q q 0 0 0 rg BT 273.79 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 289.99 478.10 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 336.19 478.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 375.71 478.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 395.24 478.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 419.22 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 435.42 478.10 Td (through ) Tj ET Q q 0 0 0 rg BT 468.29 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 482.26 478.10 Td (use ) Tj ET Q q 0 0 0 rg BT 497.35 478.10 Td (of ) Tj ET Q q 0 0 0 rg BT 507.44 478.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 538.63 478.10 Td (leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 84.66 466.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 125.70 466.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 151.18 466.10 Td (facilities. ) Tj ET Q q 0 0 0 rg BT 190.23 466.10 Td (As ) Tj ET Q q 0 0 0 rg BT 204.06 466.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 466.10 Td (September ) Tj ET Q q 0 0 0 rg BT 259.48 466.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 274.70 466.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.70 466.10 Td (, ) Tj ET Q q 0 0 0 rg BT 299.92 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 314.85 466.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 356.46 466.10 Td (had ) Tj ET Q q 0 0 0 rg BT 373.62 466.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 394.10 466.10 Td (on ) Tj ET Q q 0 0 0 rg BT 406.82 466.10 Td (hand ) Tj ET Q q 0 0 0 rg BT 428.98 466.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.03 466.10 Td ($46.3 ) Tj ET Q q 0 0 0 rg BT 465.25 466.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.14 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 496.86 466.10 Td (\(June ) Tj ET Q q 0 0 0 rg BT 521.24 466.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 536.46 466.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 559.17 466.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 454.10 Td ($46.6 ) Tj ET Q q 0 0 0 rg BT 92.50 454.10 Td (million\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 436.10 Td (Results ) Tj ET Q q 0 0 0 rg BT 117.37 436.10 Td (of ) Tj ET Q q 0 0 0 rg BT 128.12 436.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 172.19 436.10 Td (for ) Tj ET Q q 0 0 0 rg BT 186.27 436.10 Td (any ) Tj ET Q q 0 0 0 rg BT 203.12 436.10 Td (period ) Tj ET Q q 0 0 0 rg BT 231.09 436.10 Td (are ) Tj ET Q q 0 0 0 rg BT 245.72 436.10 Td (dependent ) Tj ET Q q 0 0 0 rg BT 289.23 436.10 Td (on ) Tj ET Q q 0 0 0 rg BT 301.65 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.28 436.10 Td (number ) Tj ET Q q 0 0 0 rg BT 349.25 436.10 Td (and ) Tj ET Q q 0 0 0 rg BT 366.10 436.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 394.64 436.10 Td (of ) Tj ET Q q 0 0 0 rg BT 405.38 436.10 Td (film ) Tj ET Q q 0 0 0 rg BT 424.47 436.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.32 436.10 Td (television ) Tj ET Q q 0 0 0 rg BT 482.62 436.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 522.81 436.10 Td (delivered, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 424.10 Td (which ) Tj ET Q q 0 0 0 rg BT 93.85 424.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 122.42 424.10 Td (be ) Tj ET Q q 0 0 0 rg BT 133.77 424.10 Td (predicted ) Tj ET Q q 0 0 0 rg BT 172.88 424.10 Td (with ) Tj ET Q q 0 0 0 rg BT 192.57 424.10 Td (certainty) Tj ET Q q 0 0 0 rg BT 226.90 424.10 Td (. ) Tj ET Q q 0 0 0 rg BT 231.31 424.10 Td (Consequently) Tj ET Q q 0 0 0 rg BT 285.66 424.10 Td (, ) Tj ET Q q 0 0 0 rg BT 290.07 424.10 Td (the ) Tj ET Q q 0 0 0 rg BT 304.20 424.10 Td (Company) Tj ET Q q 0 0 0 rg BT 345.86 424.10 Td (s ) Tj ET Q q 0 0 0 rg BT 351.67 424.10 Td (results ) Tj ET Q q 0 0 0 rg BT 379.69 424.10 Td (from ) Tj ET Q q 0 0 0 rg BT 401.04 424.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 444.60 424.10 Td (may ) Tj ET Q q 0 0 0 rg BT 463.73 424.10 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 500.63 424.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 543.07 424.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 412.10 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 135.34 412.10 Td (and ) Tj ET Q q 0 0 0 rg BT 152.08 412.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.60 412.10 Td (results ) Tj ET Q q 0 0 0 rg BT 195.01 412.10 Td (of ) Tj ET Q q 0 0 0 rg BT 205.64 412.10 Td (any ) Tj ET Q q 0 0 0 rg BT 222.39 412.10 Td (one ) Tj ET Q q 0 0 0 rg BT 239.13 412.10 Td (period ) Tj ET Q q 0 0 0 rg BT 266.98 412.10 Td (are ) Tj ET Q q 0 0 0 rg BT 281.49 412.10 Td (not ) Tj ET Q q 0 0 0 rg BT 296.57 412.10 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 343.30 412.10 Td (indicative ) Tj ET Q q 0 0 0 rg BT 385.03 412.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.67 412.10 Td (results ) Tj ET Q q 0 0 0 rg BT 424.08 412.10 Td (for ) Tj ET Q q 0 0 0 rg BT 438.04 412.10 Td (future ) Tj ET Q q 0 0 0 rg BT 464.22 412.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 498.46 412.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 520.77 412.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 545.29 412.10 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 400.10 Td (also ) Tj ET Q q 0 0 0 rg BT 86.33 400.10 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 124.04 400.10 Td (and ) Tj ET Q q 0 0 0 rg BT 141.20 400.10 Td (are ) Tj ET Q q 0 0 0 rg BT 156.13 400.10 Td (not ) Tj ET Q q 0 0 0 rg BT 171.63 400.10 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 218.78 400.10 Td (closely ) Tj ET Q q 0 0 0 rg BT 249.83 400.10 Td (correlated ) Tj ET Q q 0 0 0 rg BT 292.52 400.10 Td (with ) Tj ET Q q 0 0 0 rg BT 313.02 400.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 347.39 400.10 Td (recognition. ) Tj ET Q q 0 0 0 rg BT 398.16 400.10 Td (During ) Tj ET Q q 0 0 0 rg BT 429.21 400.10 Td (the ) Tj ET Q q 0 0 0 rg BT 444.15 400.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 470.21 400.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 511.25 400.10 Td (of ) Tj ET Q q 0 0 0 rg BT 522.30 400.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.24 400.10 Td (rights, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 388.10 Td (the ) Tj ET Q q 0 0 0 rg BT 81.58 388.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 122.32 388.10 Td (is ) Tj ET Q q 0 0 0 rg BT 130.85 388.10 Td (somewhat ) Tj ET Q q 0 0 0 rg BT 173.26 388.10 Td (reliant ) Tj ET Q q 0 0 0 rg BT 200.66 388.10 Td (on ) Tj ET Q q 0 0 0 rg BT 212.52 388.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.60 388.10 Td (broadcaster) Tj ET Q q 0 0 0 rg BT 273.06 388.10 Td () Tj ET Q q 0 0 0 rg BT 275.83 388.10 Td (s ) Tj ET Q q 0 0 0 rg BT 281.59 388.10 Td (budget ) Tj ET Q q 0 0 0 rg BT 310.66 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.96 388.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 366.59 388.10 Td (cycles ) Tj ET Q q 0 0 0 rg BT 393.43 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 409.73 388.10 Td (at ) Tj ET Q q 0 0 0 rg BT 418.81 388.10 Td (times ) Tj ET Q q 0 0 0 rg BT 442.33 388.10 Td (the ) Tj ET Q q 0 0 0 rg BT 456.41 388.10 Td (license ) Tj ET Q q 0 0 0 rg BT 486.04 388.10 Td (period ) Tj ET Q q 0 0 0 rg BT 513.44 388.10 Td (gets ) Tj ET Q q 0 0 0 rg BT 531.41 388.10 Td (delayed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 376.10 Td (and ) Tj ET Q q 0 0 0 rg BT 84.44 376.10 Td (commences ) Tj ET Q q 0 0 0 rg BT 134.14 376.10 Td (at ) Tj ET Q q 0 0 0 rg BT 143.86 376.10 Td (a ) Tj ET Q q 0 0 0 rg BT 150.80 376.10 Td (later ) Tj ET Q q 0 0 0 rg BT 171.06 376.10 Td (date ) Tj ET Q q 0 0 0 rg BT 190.21 376.10 Td (than ) Tj ET Q q 0 0 0 rg BT 209.93 376.10 Td (originally ) Tj ET Q q 0 0 0 rg BT 251.31 376.10 Td (projected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 358.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.90 358.10 Td (Company) Tj ET Q q 0 0 0 rg BT 145.56 358.10 Td (s ) Tj ET Q q 0 0 0 rg BT 152.30 358.10 Td (film ) Tj ET Q q 0 0 0 rg BT 171.81 358.10 Td (and ) Tj ET Q q 0 0 0 rg BT 189.10 358.10 Td (television ) Tj ET Q q 0 0 0 rg BT 230.83 358.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 269.21 358.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 289.83 358.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 342.67 358.10 Td (from ) Tj ET Q q 0 0 0 rg BT 364.96 358.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 396.12 358.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.75 358.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 437.91 358.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 466.31 358.10 Td (by ) Tj ET Q q 0 0 0 rg BT 479.15 358.10 Td (contracted ) Tj ET Q q 0 0 0 rg BT 523.64 358.10 Td (deliveries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 346.10 Td (with ) Tj ET Q q 0 0 0 rg BT 88.56 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.06 346.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 139.00 346.10 Td (broadcasters. ) Tj ET Q q 0 0 0 rg BT 194.03 346.10 Td (Although ) Tj ET Q q 0 0 0 rg BT 235.09 346.10 Td (with ) Tj ET Q q 0 0 0 rg BT 256.15 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.65 346.10 Td (Company) Tj ET Q q 0 0 0 rg BT 313.32 346.10 Td (s ) Tj ET Q q 0 0 0 rg BT 320.49 346.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 348.20 346.10 Td (diversification ) Tj ET Q q 0 0 0 rg BT 409.24 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 420.85 346.10 Td (its ) Tj ET Q q 0 0 0 rg BT 433.58 346.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 468.51 346.10 Td (mix, ) Tj ET Q q 0 0 0 rg BT 489.85 346.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 539.22 346.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 346.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 334.10 Td (strengthening ) Tj ET Q q 0 0 0 rg BT 125.57 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 137.54 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.39 334.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 203.14 334.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 238.43 334.10 Td (stream ) Tj ET Q q 0 0 0 rg BT 268.72 334.10 Td (and ) Tj ET Q q 0 0 0 rg BT 286.80 334.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 323.21 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.18 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 351.03 334.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 405.76 334.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 441.04 334.10 Td (stream, ) Tj ET Q q 0 0 0 rg BT 473.84 334.10 Td (some ) Tj ET Q q 0 0 0 rg BT 498.58 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 510.55 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 526.41 334.10 Td (quarterly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 322.10 Td (unevenness ) Tj ET Q q 0 0 0 rg BT 115.92 322.10 Td (is ) Tj ET Q q 0 0 0 rg BT 124.92 322.10 Td (improving ) Tj ET Q q 0 0 0 rg BT 168.91 322.10 Td (slightly ) Tj ET Q q 0 0 0 rg BT 201.24 322.10 Td (and ) Tj ET Q q 0 0 0 rg BT 218.00 322.10 Td (becoming ) Tj ET Q q 0 0 0 rg BT 259.76 322.10 Td (more ) Tj ET Q q 0 0 0 rg BT 282.63 322.10 Td (predictable. ) Tj ET Q q 0 0 0 rg BT 331.87 322.10 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 382.53 322.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 420.39 322.10 Td (are ) Tj ET Q q 0 0 0 rg BT 434.92 322.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 469.45 322.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.21 322.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 520.19 322.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 548.06 322.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 310.10 Td (can ) Tj ET Q q 0 0 0 rg BT 83.90 310.10 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 121.40 310.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 173.91 310.10 Td (from ) Tj ET Q q 0 0 0 rg BT 195.87 310.10 Td (year ) Tj ET Q q 0 0 0 rg BT 215.60 310.10 Td (to ) Tj ET Q q 0 0 0 rg BT 225.90 310.10 Td (year) Tj ET Q q 0 0 0 rg BT 242.56 310.10 Td (. ) Tj ET Q q 0 0 0 rg BT 247.40 310.10 Td (The ) Tj ET Q q 0 0 0 rg BT 265.47 310.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 306.88 310.10 Td (maintains ) Tj ET Q q 0 0 0 rg BT 348.28 310.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 396.33 310.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 416.62 310.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 453.57 310.10 Td (and ) Tj ET Q q 0 0 0 rg BT 470.53 310.10 Td (has ) Tj ET Q q 0 0 0 rg BT 486.38 310.10 Td (access ) Tj ET Q q 0 0 0 rg BT 514.44 310.10 Td (to ) Tj ET Q q 0 0 0 rg BT 524.74 310.10 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 298.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 104.43 298.10 Td (to ) Tj ET Q q 0 0 0 rg BT 114.71 298.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 148.30 298.10 Td (fluctuating ) Tj ET Q q 0 0 0 rg BT 194.12 298.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 214.39 298.10 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 280.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.92 280.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.67 280.10 Td (obtains ) Tj ET Q q 0 0 0 rg BT 177.43 280.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 209.18 280.10 Td (production ) Tj ET Q q 0 0 0 rg BT 255.38 280.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 296.01 280.10 Td (to ) Tj ET Q q 0 0 0 rg BT 306.66 280.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 340.08 280.10 Td (funds ) Tj ET Q q 0 0 0 rg BT 365.17 280.10 Td (until ) Tj ET Q q 0 0 0 rg BT 386.37 280.10 Td (such ) Tj ET Q q 0 0 0 rg BT 407.57 280.10 Td (time ) Tj ET Q q 0 0 0 rg BT 428.22 280.10 Td (as ) Tj ET Q q 0 0 0 rg BT 439.42 280.10 Td (the ) Tj ET Q q 0 0 0 rg BT 454.50 280.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 485.13 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 502.44 280.10 Td (provincial ) Tj ET Q q 0 0 0 rg BT 545.85 280.10 Td (film ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 268.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 82.22 268.10 Td (credits ) Tj ET Q q 0 0 0 rg BT 111.37 268.10 Td (are ) Tj ET Q q 0 0 0 rg BT 126.08 268.10 Td (collected. ) Tj ET Q q 0 0 0 rg BT 167.17 268.10 Td (Upon ) Tj ET Q q 0 0 0 rg BT 191.89 268.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 233.82 268.10 Td (of ) Tj ET Q q 0 0 0 rg BT 244.65 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.37 268.10 Td (film ) Tj ET Q q 0 0 0 rg BT 278.53 268.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 293.25 268.10 Td (credits, ) Tj ET Q q 0 0 0 rg BT 324.90 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.62 268.10 Td (related ) Tj ET Q q 0 0 0 rg BT 369.32 268.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 400.70 268.10 Td (production ) Tj ET Q q 0 0 0 rg BT 446.53 268.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 486.79 268.10 Td (is ) Tj ET Q q 0 0 0 rg BT 495.96 268.10 Td (repaid.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 250.10 Td (Currency ) Tj ET Q q 0 0 0 rg BT 108.89 250.10 Td (Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 232.10 Td (The ) Tj ET Q q 0 0 0 rg BT 105.27 232.10 Td (Company) Tj ET Q q 0 0 0 rg BT 146.94 232.10 Td (s ) Tj ET Q q 0 0 0 rg BT 155.05 232.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 195.37 232.10 Td (involve ) Tj ET Q q 0 0 0 rg BT 229.59 232.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 264.37 232.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 297.47 232.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 342.78 232.10 Td (and ) Tj ET Q q 0 0 0 rg BT 361.44 232.10 Td (incurring ) Tj ET Q q 0 0 0 rg BT 402.32 232.10 Td (production ) Tj ET Q q 0 0 0 rg BT 449.87 232.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 474.09 232.10 Td (and ) Tj ET Q q 0 0 0 rg BT 492.76 232.10 Td (earning ) Tj ET Q q 0 0 0 rg BT 526.96 232.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 220.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 121.41 220.10 Td (in ) Tj ET Q q 0 0 0 rg BT 131.44 220.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 162.57 220.10 Td (currencies. ) Tj ET Q q 0 0 0 rg BT 208.25 220.10 Td (These ) Tj ET Q q 0 0 0 rg BT 234.38 220.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 272.73 220.10 Td (result ) Tj ET Q q 0 0 0 rg BT 297.20 220.10 Td (in ) Tj ET Q q 0 0 0 rg BT 307.24 220.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 345.59 220.10 Td (to ) Tj ET Q q 0 0 0 rg BT 355.62 220.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 405.09 220.10 Td (in ) Tj ET Q q 0 0 0 rg BT 415.12 220.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 446.25 220.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 483.49 220.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 523.49 220.10 Td (rates. ) Tj ET Q q 0 0 0 rg BT 546.96 220.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 208.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 109.10 208.10 Td (periodically ) Tj ET Q q 0 0 0 rg BT 159.58 208.10 Td (enters ) Tj ET Q q 0 0 0 rg BT 186.17 208.10 Td (into ) Tj ET Q q 0 0 0 rg BT 204.45 208.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 236.04 208.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 276.51 208.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 314.77 208.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 353.58 208.10 Td (to ) Tj ET Q q 0 0 0 rg BT 364.07 208.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 397.89 208.10 Td (its ) Tj ET Q q 0 0 0 rg BT 410.05 208.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 441.65 208.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 482.12 208.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 499.83 208.10 Td (on ) Tj ET Q q 0 0 0 rg BT 512.55 208.10 Td (US$, ) Tj ET Q q 0 0 0 rg BT 535.55 208.10 Td (GBP, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 196.10 Td (JPY) Tj ET Q q 0 0 0 rg BT 82.89 196.10 Td (, ) Tj ET Q q 0 0 0 rg BT 88.78 196.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.62 196.10 Td (Euro ) Tj ET Q q 0 0 0 rg BT 129.46 196.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 184.51 196.10 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 225.75 196.10 Td (At ) Tj ET Q q 0 0 0 rg BT 239.15 196.10 Td (June ) Tj ET Q q 0 0 0 rg BT 260.88 196.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 276.77 196.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 302.67 196.10 Td (the ) Tj ET Q q 0 0 0 rg BT 318.29 196.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 360.57 196.10 Td (revalued ) Tj ET Q q 0 0 0 rg BT 398.40 196.10 Td (its ) Tj ET Q q 0 0 0 rg BT 411.24 196.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 449.62 196.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 499.68 196.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 554.73 196.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 184.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 98.25 184.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 141.21 184.10 Td (at ) Tj ET Q q 0 0 0 rg BT 150.30 184.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.38 184.10 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 206.80 184.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 246.43 184.10 Td (rates. ) Tj ET Q q 0 0 0 rg BT 269.54 184.10 Td (While ) Tj ET Q q 0 0 0 rg BT 295.85 184.10 Td (inherently ) Tj ET Q q 0 0 0 rg BT 338.26 184.10 Td (dif) Tj ET Q q 0 0 0 rg BT 349.19 184.10 Td (ficult ) Tj ET Q q 0 0 0 rg BT 372.16 184.10 Td (to ) Tj ET Q q 0 0 0 rg BT 381.82 184.10 Td (estimate, ) Tj ET Q q 0 0 0 rg BT 419.51 184.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 473.58 184.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 512.67 184.10 Td (a ) Tj ET Q q 0 0 0 rg BT 518.98 184.10 Td (1% ) Tj ET Q q 0 0 0 rg BT 534.18 184.10 Td (change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 172.10 Td (in ) Tj ET Q q 0 0 0 rg BT 77.94 172.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.82 172.10 Td (US$, ) Tj ET Q q 0 0 0 rg BT 115.77 172.10 Td (GBP, ) Tj ET Q q 0 0 0 rg BT 145.39 172.10 Td (JPY) Tj ET Q q 0 0 0 rg BT 160.77 172.10 Td (, ) Tj ET Q q 0 0 0 rg BT 165.94 172.10 Td (or ) Tj ET Q q 0 0 0 rg BT 176.93 172.10 Td (Euro ) Tj ET Q q 0 0 0 rg BT 199.03 172.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 239.45 172.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 257.10 172.10 Td (would ) Tj ET Q q 0 0 0 rg BT 284.76 172.10 Td (have ) Tj ET Q q 0 0 0 rg BT 306.30 172.10 Td (an ) Tj ET Q q 0 0 0 rg BT 318.40 172.10 Td (approximate ) Tj ET Q q 0 0 0 rg BT 371.05 172.10 Td ($8.0 ) Tj ET Q q 0 0 0 rg BT 391.21 172.10 Td (million ) Tj ET Q q 0 0 0 rg BT 422.77 172.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 452.08 172.10 Td (ef) Tj ET Q q 0 0 0 rg BT 459.67 172.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 477.32 172.10 Td (on ) Tj ET Q q 0 0 0 rg BT 489.99 172.10 Td (net ) Tj ET Q q 0 0 0 rg BT 504.87 172.10 Td (income ) Tj ET Q q 0 0 0 rg BT 536.96 172.10 Td (before ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 160.10 Td (income ) Tj ET Q q 0 0 0 rg BT 99.43 160.10 Td (taxes.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 139.80 Td (Risk ) Tj ET Q q 0 0 0 rg BT 91.04 139.80 Td (Assessment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 121.80 Td (The ) Tj ET Q q 0 0 0 rg BT 103.17 121.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.17 121.80 Td (is ) Tj ET Q q 0 0 0 rg BT 152.96 121.80 Td (exposed ) Tj ET Q q 0 0 0 rg BT 187.84 121.80 Td (to ) Tj ET Q q 0 0 0 rg BT 197.74 121.80 Td (a ) Tj ET Q q 0 0 0 rg BT 204.30 121.80 Td (number ) Tj ET Q q 0 0 0 rg BT 236.96 121.80 Td (of ) Tj ET Q q 0 0 0 rg BT 247.41 121.80 Td (specific ) Tj ET Q q 0 0 0 rg BT 280.62 121.80 Td (and ) Tj ET Q q 0 0 0 rg BT 297.18 121.80 Td (general ) Tj ET Q q 0 0 0 rg BT 328.72 121.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 349.73 121.80 Td (that ) Tj ET Q q 0 0 0 rg BT 366.84 121.80 Td (could ) Tj ET Q q 0 0 0 rg BT 391.18 121.80 Td (af) Tj ET Q q 0 0 0 rg BT 398.77 121.80 Td (fect ) Tj ET Q q 0 0 0 rg BT 415.87 121.80 Td (the ) Tj ET Q q 0 0 0 rg BT 430.21 121.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 471.21 121.80 Td (that ) Tj ET Q q 0 0 0 rg BT 488.32 121.80 Td (each ) Tj ET Q q 0 0 0 rg BT 508.76 121.80 Td (reader ) Tj ET Q q 0 0 0 rg BT 535.85 121.80 Td (should ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 109.80 Td (carefully ) Tj ET Q q 0 0 0 rg BT 106.33 109.80 Td (consider) Tj ET Q q 0 0 0 rg BT 139.66 109.80 Td (. ) Tj ET Q q 0 0 0 rg BT 144.73 109.80 Td (Additional ) Tj ET Q q 0 0 0 rg BT 190.80 109.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 213.00 109.80 Td (and ) Tj ET Q q 0 0 0 rg BT 230.74 109.80 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 285.13 109.80 Td (not ) Tj ET Q q 0 0 0 rg BT 301.21 109.80 Td (presently ) Tj ET Q q 0 0 0 rg BT 341.16 109.80 Td (known ) Tj ET Q q 0 0 0 rg BT 371.68 109.80 Td (to ) Tj ET Q q 0 0 0 rg BT 382.76 109.80 Td (the ) Tj ET Q q 0 0 0 rg BT 398.28 109.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 440.47 109.80 Td (or ) Tj ET Q q 0 0 0 rg BT 452.10 109.80 Td (that ) Tj ET Q q 0 0 0 rg BT 470.39 109.80 Td (the ) Tj ET Q q 0 0 0 rg BT 485.91 109.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 528.10 109.80 Td (does ) Tj ET Q q 0 0 0 rg BT 549.73 109.80 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 97.80 Td (currently ) Tj ET Q q 0 0 0 rg BT 106.15 97.80 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 147.57 97.80 Td (will ) Tj ET Q q 0 0 0 rg BT 165.68 97.80 Td (be ) Tj ET Q q 0 0 0 rg BT 177.67 97.80 Td (material, ) Tj ET Q q 0 0 0 rg BT 215.48 97.80 Td (may ) Tj ET Q q 0 0 0 rg BT 235.25 97.80 Td (impair ) Tj ET Q q 0 0 0 rg BT 263.91 97.80 Td (the ) Tj ET Q q 0 0 0 rg BT 278.68 97.80 Td (Company) Tj ET Q q 0 0 0 rg BT 320.35 97.80 Td (s ) Tj ET Q q 0 0 0 rg BT 326.79 97.80 Td (business ) Tj ET Q q 0 0 0 rg BT 363.24 97.80 Td (operations ) Tj ET Q q 0 0 0 rg BT 407.45 97.80 Td (and ) Tj ET Q q 0 0 0 rg BT 424.44 97.80 Td (its ) Tj ET Q q 0 0 0 rg BT 436.44 97.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 476.76 97.80 Td (results ) Tj ET Q q 0 0 0 rg BT 505.42 97.80 Td (and ) Tj ET Q q 0 0 0 rg BT 522.41 97.80 Td (as ) Tj ET Q q 0 0 0 rg BT 533.30 97.80 Td (a ) Tj ET Q q 0 0 0 rg BT 540.29 97.80 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 85.80 Td (could ) Tj ET Q q 0 0 0 rg BT 92.31 85.80 Td (materially ) Tj ET Q q 0 0 0 rg BT 135.43 85.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 165.24 85.80 Td (its ) Tj ET Q q 0 0 0 rg BT 177.28 85.80 Td (business, ) Tj ET Q q 0 0 0 rg BT 216.26 85.80 Td (results ) Tj ET Q q 0 0 0 rg BT 244.96 85.80 Td (of ) Tj ET Q q 0 0 0 rg BT 255.88 85.80 Td (operations, ) Tj ET Q q 0 0 0 rg BT 302.62 85.80 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 345.48 85.80 Td (and ) Tj ET Q q 0 0 0 rg BT 362.51 85.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 400.08 85.80 Td (condition. ) Tj ET Q q 0 0 0 rg BT 442.76 85.80 Td (The ) Tj ET Q q 0 0 0 rg BT 460.89 85.80 Td (specific ) Tj ET Q q 0 0 0 rg BT 494.58 85.80 Td (and ) Tj ET Q q 0 0 0 rg BT 511.61 85.80 Td (general ) Tj ET Q q 0 0 0 rg BT 543.62 85.80 Td (risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 73.80 Td (include, ) Tj ET Q q 0 0 0 rg BT 101.50 73.80 Td (but ) Tj ET Q q 0 0 0 rg BT 116.35 73.80 Td (are ) Tj ET Q q 0 0 0 rg BT 130.62 73.80 Td (not ) Tj ET Q q 0 0 0 rg BT 145.46 73.80 Td (limited ) Tj ET Q q 0 0 0 rg BT 175.86 73.80 Td (to ) Tj ET Q q 0 0 0 rg BT 185.71 73.80 Td (the ) Tj ET Q q 0 0 0 rg BT 199.99 73.80 Td (following: ) Tj ET Q q 0 0 0 rg BT 243.72 73.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 264.68 73.80 Td (related ) Tj ET Q q 0 0 0 rg BT 293.95 73.80 Td (to ) Tj ET Q q 0 0 0 rg BT 303.80 73.80 Td (the ) Tj ET Q q 0 0 0 rg BT 318.08 73.80 Td (nature ) Tj ET Q q 0 0 0 rg BT 345.13 73.80 Td (of ) Tj ET Q q 0 0 0 rg BT 355.53 73.80 Td (the ) Tj ET Q q 0 0 0 rg BT 369.81 73.80 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 426.85 73.80 Td (industry) Tj ET Q q 0 0 0 rg BT 458.98 73.80 Td (, ) Tj ET Q q 0 0 0 rg BT 463.55 73.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 484.51 73.80 Td (related ) Tj ET Q q 0 0 0 rg BT 513.78 73.80 Td (to ) Tj ET Q q 0 0 0 rg BT 523.62 73.80 Td (television ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 61.80 Td (and ) Tj ET Q q 0 0 0 rg BT 85.25 61.80 Td (film ) Tj ET Q q 0 0 0 rg BT 105.22 61.80 Td (industries, ) Tj ET Q q 0 0 0 rg BT 149.92 61.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 172.12 61.80 Td (related ) Tj ET Q q 0 0 0 rg BT 202.63 61.80 Td (to ) Tj ET Q q 0 0 0 rg BT 213.72 61.80 Td (doing ) Tj ET Q q 0 0 0 rg BT 239.81 61.80 Td (business ) Tj ET Q q 0 0 0 rg BT 277.01 61.80 Td (internationally) Tj ET Q q 0 0 0 rg BT 334.67 61.80 Td (, ) Tj ET Q q 0 0 0 rg BT 340.48 61.80 Td (loss ) Tj ET Q q 0 0 0 rg BT 359.36 61.80 Td (of ) Tj ET Q q 0 0 0 rg BT 371.00 61.80 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 412.07 61.80 Td (status, ) Tj ET Q q 0 0 0 rg BT 440.66 61.80 Td (competition, ) Tj ET Q q 0 0 0 rg BT 494.23 61.80 Td (limited ) Tj ET Q q 0 0 0 rg BT 525.87 61.80 Td (ability ) Tj ET Q q 0 0 0 rg BT 554.74 61.80 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 49.80 Td (exploit ) Tj ET Q q 0 0 0 rg BT 98.11 49.80 Td (film ) Tj ET Q q 0 0 0 rg BT 117.61 49.80 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 615.60 Td (In ) Tj ET Q q 0 0 0 rg BT 95.78 615.60 Td (its ) Tj ET Q q 0 0 0 rg BT 107.18 615.60 Td (annual ) Tj ET Q q 0 0 0 rg BT 135.78 615.60 Td (filings ) Tj ET Q q 0 0 0 rg BT 163.29 615.60 Td (dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.89 615.60 Td (November ) Tj ET Q q 0 0 0 rg BT 231.05 615.60 Td (12, ) Tj ET Q q 0 0 0 rg BT 245.50 615.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.50 615.60 Td (, ) Tj ET Q q 0 0 0 rg BT 269.95 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 284.12 615.60 Td (CEO ) Tj ET Q q 0 0 0 rg BT 306.07 615.60 Td (and ) Tj ET Q q 0 0 0 rg BT 322.45 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 336.62 615.60 Td (CFO, ) Tj ET Q q 0 0 0 rg BT 360.52 615.60 Td (after ) Tj ET Q q 0 0 0 rg BT 380.79 615.60 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 424.39 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 438.56 615.60 Td (ef) Tj ET Q q 0 0 0 rg BT 446.14 615.60 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 492.52 615.60 Td (of ) Tj ET Q q 0 0 0 rg BT 502.80 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 516.96 615.60 Td (Company) Tj ET Q q 0 0 0 rg BT 558.63 615.60 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 603.60 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 110.97 603.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 146.12 603.60 Td (and ) Tj ET Q q 0 0 0 rg BT 163.48 603.60 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 212.78 603.60 Td (and ) Tj ET Q q 0 0 0 rg BT 230.14 603.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 263.61 603.60 Td (control ) Tj ET Q q 0 0 0 rg BT 294.87 603.60 Td (over ) Tj ET Q q 0 0 0 rg BT 315.56 603.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 353.47 603.60 Td (reporting, ) Tj ET Q q 0 0 0 rg BT 395.55 603.60 Td (concluded ) Tj ET Q q 0 0 0 rg BT 439.57 603.60 Td (that ) Tj ET Q q 0 0 0 rg BT 457.50 603.60 Td (as ) Tj ET Q q 0 0 0 rg BT 468.75 603.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.90 603.60 Td (September ) Tj ET Q q 0 0 0 rg BT 524.59 603.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 540.01 603.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 603.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 591.60 Td (both ) Tj ET Q q 0 0 0 rg BT 86.72 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.37 591.60 Td (Company) Tj ET Q q 0 0 0 rg BT 142.04 591.60 Td (s ) Tj ET Q q 0 0 0 rg BT 147.37 591.60 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 189.35 591.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 223.01 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 238.88 591.60 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 286.69 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 302.56 591.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 334.54 591.60 Td (control ) Tj ET Q q 0 0 0 rg BT 364.31 591.60 Td (over ) Tj ET Q q 0 0 0 rg BT 383.51 591.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 419.93 591.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 458.02 591.60 Td (were ) Tj ET Q q 0 0 0 rg BT 478.89 591.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 518.09 591.60 Td (ef) Tj ET Q q 0 0 0 rg BT 525.68 591.60 Td (fectively) Tj ET Q q 0 0 0 rg BT 560.01 591.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 579.60 Td (It ) Tj ET Q q 0 0 0 rg BT 75.34 579.60 Td (should ) Tj ET Q q 0 0 0 rg BT 103.74 579.60 Td (be ) Tj ET Q q 0 0 0 rg BT 114.91 579.60 Td (noted ) Tj ET Q q 0 0 0 rg BT 138.85 579.60 Td (that ) Tj ET Q q 0 0 0 rg BT 155.58 579.60 Td (a ) Tj ET Q q 0 0 0 rg BT 161.75 579.60 Td (control ) Tj ET Q q 0 0 0 rg BT 191.80 579.60 Td (system, ) Tj ET Q q 0 0 0 rg BT 223.81 579.60 Td (no ) Tj ET Q q 0 0 0 rg BT 235.54 579.60 Td (matter ) Tj ET Q q 0 0 0 rg BT 262.81 579.60 Td (how ) Tj ET Q q 0 0 0 rg BT 281.76 579.60 Td (well ) Tj ET Q q 0 0 0 rg BT 300.71 579.60 Td (conceived ) Tj ET Q q 0 0 0 rg BT 342.97 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 359.14 579.60 Td (operated, ) Tj ET Q q 0 0 0 rg BT 397.80 579.60 Td (can ) Tj ET Q q 0 0 0 rg BT 413.40 579.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 445.68 579.60 Td (only ) Tj ET Q q 0 0 0 rg BT 465.19 579.60 Td (reasonable, ) Tj ET Q q 0 0 0 rg BT 512.17 579.60 Td (not ) Tj ET Q q 0 0 0 rg BT 526.68 579.60 Td (absolute, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 567.60 Td (assurance ) Tj ET Q q 0 0 0 rg BT 109.65 567.60 Td (that ) Tj ET Q q 0 0 0 rg BT 127.93 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 143.43 567.60 Td (objectives ) Tj ET Q q 0 0 0 rg BT 187.25 567.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.86 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 214.36 567.60 Td (control ) Tj ET Q q 0 0 0 rg BT 245.97 567.60 Td (system ) Tj ET Q q 0 0 0 rg BT 277.03 567.60 Td (are ) Tj ET Q q 0 0 0 rg BT 292.52 567.60 Td (met. ) Tj ET Q q 0 0 0 rg BT 313.30 567.60 Td (Because ) Tj ET Q q 0 0 0 rg BT 349.90 567.60 Td (of ) Tj ET Q q 0 0 0 rg BT 361.51 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 377.01 567.60 Td (inherent ) Tj ET Q q 0 0 0 rg BT 413.06 567.60 Td (limitations ) Tj ET Q q 0 0 0 rg BT 459.12 567.60 Td (in ) Tj ET Q q 0 0 0 rg BT 470.18 567.60 Td (all ) Tj ET Q q 0 0 0 rg BT 483.46 567.60 Td (control ) Tj ET Q q 0 0 0 rg BT 515.07 567.60 Td (systems, ) Tj ET Q q 0 0 0 rg BT 552.52 567.60 Td (no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 555.60 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 111.93 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 123.03 555.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 158.02 555.60 Td (can ) Tj ET Q q 0 0 0 rg BT 174.68 555.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 208.00 555.60 Td (absolute ) Tj ET Q q 0 0 0 rg BT 244.10 555.60 Td (assurance ) Tj ET Q q 0 0 0 rg BT 285.74 555.60 Td (that ) Tj ET Q q 0 0 0 rg BT 303.52 555.60 Td (all ) Tj ET Q q 0 0 0 rg BT 316.29 555.60 Td (control ) Tj ET Q q 0 0 0 rg BT 347.39 555.60 Td (issues, ) Tj ET Q q 0 0 0 rg BT 376.56 555.60 Td (including ) Tj ET Q q 0 0 0 rg BT 417.10 555.60 Td (instances ) Tj ET Q q 0 0 0 rg BT 456.54 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 467.64 555.60 Td (fraud, ) Tj ET Q q 0 0 0 rg BT 494.02 555.60 Td (if ) Tj ET Q q 0 0 0 rg BT 502.90 555.60 Td (any) Tj ET Q q 0 0 0 rg BT 516.69 555.60 Td (, ) Tj ET Q q 0 0 0 rg BT 521.97 555.60 Td (have ) Tj ET Q q 0 0 0 rg BT 543.62 555.60 Td (been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 543.60 Td (detected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 525.60 Td (There ) Tj ET Q q 0 0 0 rg BT 111.48 525.60 Td (were ) Tj ET Q q 0 0 0 rg BT 133.56 525.60 Td (no ) Tj ET Q q 0 0 0 rg BT 146.22 525.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 181.09 525.60 Td (in ) Tj ET Q q 0 0 0 rg BT 191.53 525.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 224.73 525.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 259.61 525.60 Td (over ) Tj ET Q q 0 0 0 rg BT 280.04 525.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 317.68 525.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 356.99 525.60 Td (during ) Tj ET Q q 0 0 0 rg BT 385.76 525.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.64 525.60 Td (three ) Tj ET Q q 0 0 0 rg BT 423.29 525.60 Td (months ) Tj ET Q q 0 0 0 rg BT 455.39 525.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 481.93 525.60 Td (September ) Tj ET Q q 0 0 0 rg BT 527.35 525.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 542.51 525.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 513.60 Td (that ) Tj ET Q q 0 0 0 rg BT 85.79 513.60 Td (have ) Tj ET Q q 0 0 0 rg BT 107.97 513.60 Td (materially ) Tj ET Q q 0 0 0 rg BT 151.81 513.60 Td (af) Tj ET Q q 0 0 0 rg BT 159.40 513.60 Td (fected, ) Tj ET Q q 0 0 0 rg BT 189.62 513.60 Td (or ) Tj ET Q q 0 0 0 rg BT 201.25 513.60 Td (are ) Tj ET Q q 0 0 0 rg BT 216.76 513.60 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 263.37 513.60 Td (likely ) Tj ET Q q 0 0 0 rg BT 289.45 513.60 Td (to ) Tj ET Q q 0 0 0 rg BT 300.52 513.60 Td (materially ) Tj ET Q q 0 0 0 rg BT 344.36 513.60 Td (af) Tj ET Q q 0 0 0 rg BT 351.95 513.60 Td (fect, ) Tj ET Q q 0 0 0 rg BT 372.73 513.60 Td (the ) Tj ET Q q 0 0 0 rg BT 388.25 513.60 Td (Company) Tj ET Q q 0 0 0 rg BT 429.92 513.60 Td (s ) Tj ET Q q 0 0 0 rg BT 437.11 513.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 470.95 513.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 506.46 513.60 Td (over ) Tj ET Q q 0 0 0 rg BT 527.53 513.60 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 501.60 Td (reporting. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 482.40 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 121.28 482.40 Td ( ) Tj ET Q q 0 0 0 rg BT 124.03 482.40 Td (Financial ) Tj ET Q q 0 0 0 rg BT 170.79 482.40 Td (Measur) Tj ET Q q 0 0 0 rg BT 206.63 482.40 Td (es ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 464.40 Td (In ) Tj ET Q q 0 0 0 rg BT 96.52 464.40 Td (addition ) Tj ET Q q 0 0 0 rg BT 131.99 464.40 Td (to ) Tj ET Q q 0 0 0 rg BT 142.46 464.40 Td (the ) Tj ET Q q 0 0 0 rg BT 157.37 464.40 Td (results ) Tj ET Q q 0 0 0 rg BT 186.17 464.40 Td (reported ) Tj ET Q q 0 0 0 rg BT 222.17 464.40 Td (in ) Tj ET Q q 0 0 0 rg BT 232.64 464.40 Td (accordance ) Tj ET Q q 0 0 0 rg BT 280.30 464.40 Td (with ) Tj ET Q q 0 0 0 rg BT 300.77 464.40 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 324.58 464.40 Td (as ) Tj ET Q q 0 0 0 rg BT 335.60 464.40 Td (issued ) Tj ET Q q 0 0 0 rg BT 363.30 464.40 Td (by ) Tj ET Q q 0 0 0 rg BT 375.99 464.40 Td (the ) Tj ET Q q 0 0 0 rg BT 390.90 464.40 Td (International ) Tj ET Q q 0 0 0 rg BT 444.08 464.40 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 493.43 464.40 Td (Standards ) Tj ET Q q 0 0 0 rg BT 535.56 464.40 Td (Board, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 452.40 Td (the ) Tj ET Q q 0 0 0 rg BT 82.16 452.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 123.48 452.40 Td (uses ) Tj ET Q q 0 0 0 rg BT 143.15 452.40 Td (various ) Tj ET Q q 0 0 0 rg BT 175.03 452.40 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 220.21 452.40 Td ( ) Tj ET Q q 0 0 0 rg BT 222.65 452.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 260.07 452.40 Td (measures, ) Tj ET Q q 0 0 0 rg BT 302.22 452.40 Td (which ) Tj ET Q q 0 0 0 rg BT 329.10 452.40 Td (are ) Tj ET Q q 0 0 0 rg BT 343.75 452.40 Td (not ) Tj ET Q q 0 0 0 rg BT 358.96 452.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 405.27 452.40 Td (under ) Tj ET Q q 0 0 0 rg BT 430.48 452.40 Td (IFRS, ) Tj ET Q q 0 0 0 rg BT 456.54 452.40 Td (as ) Tj ET Q q 0 0 0 rg BT 467.31 452.40 Td (supplemental ) Tj ET Q q 0 0 0 rg BT 523.07 452.40 Td (indicators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 440.40 Td (of ) Tj ET Q q 0 0 0 rg BT 78.06 440.40 Td (our ) Tj ET Q q 0 0 0 rg BT 93.61 440.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 133.60 440.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 186.35 440.40 Td (and ) Tj ET Q q 0 0 0 rg BT 203.02 440.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 240.22 440.40 Td (position. ) Tj ET Q q 0 0 0 rg BT 277.02 440.40 Td (These ) Tj ET Q q 0 0 0 rg BT 303.12 440.40 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 348.31 440.40 Td ( ) Tj ET Q q 0 0 0 rg BT 350.53 440.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 387.74 440.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 427.17 440.40 Td (are ) Tj ET Q q 0 0 0 rg BT 441.61 440.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 479.38 440.40 Td (to ) Tj ET Q q 0 0 0 rg BT 489.38 440.40 Td (enhance ) Tj ET Q q 0 0 0 rg BT 524.37 440.40 Td (the ) Tj ET Q q 0 0 0 rg BT 538.81 440.40 Td (user) Tj ET Q q 0 0 0 rg BT 555.84 440.40 Td () Tj ET Q q 0 0 0 rg BT 558.62 440.40 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 428.40 Td (understanding ) Tj ET Q q 0 0 0 rg BT 126.37 428.40 Td (of ) Tj ET Q q 0 0 0 rg BT 136.92 428.40 Td (our ) Tj ET Q q 0 0 0 rg BT 152.47 428.40 Td (historical ) Tj ET Q q 0 0 0 rg BT 191.89 428.40 Td (and ) Tj ET Q q 0 0 0 rg BT 208.55 428.40 Td (current ) Tj ET Q q 0 0 0 rg BT 239.08 428.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 276.28 428.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 329.02 428.40 Td (and ) Tj ET Q q 0 0 0 rg BT 345.67 428.40 Td (our ) Tj ET Q q 0 0 0 rg BT 361.22 428.40 Td (prospects ) Tj ET Q q 0 0 0 rg BT 401.21 428.40 Td (for ) Tj ET Q q 0 0 0 rg BT 415.08 428.40 Td (the ) Tj ET Q q 0 0 0 rg BT 429.52 428.40 Td (future. ) Tj ET Q q 0 0 0 rg BT 458.11 428.40 Td (Management ) Tj ET Q q 0 0 0 rg BT 512.53 428.40 Td (believes ) Tj ET Q q 0 0 0 rg BT 547.51 428.40 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 416.40 Td (these ) Tj ET Q q 0 0 0 rg BT 90.71 416.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 130.58 416.40 Td (provide ) Tj ET Q q 0 0 0 rg BT 163.79 416.40 Td (useful ) Tj ET Q q 0 0 0 rg BT 190.89 416.40 Td (information ) Tj ET Q q 0 0 0 rg BT 240.77 416.40 Td (in ) Tj ET Q q 0 0 0 rg BT 251.21 416.40 Td (that ) Tj ET Q q 0 0 0 rg BT 268.87 416.40 Td (they ) Tj ET Q q 0 0 0 rg BT 288.75 416.40 Td (exclude ) Tj ET Q q 0 0 0 rg BT 322.51 416.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 359.06 416.40 Td (that ) Tj ET Q q 0 0 0 rg BT 376.72 416.40 Td (are ) Tj ET Q q 0 0 0 rg BT 391.59 416.40 Td (not ) Tj ET Q q 0 0 0 rg BT 407.03 416.40 Td (indicative ) Tj ET Q q 0 0 0 rg BT 449.12 416.40 Td (of ) Tj ET Q q 0 0 0 rg BT 460.11 416.40 Td (our ) Tj ET Q q 0 0 0 rg BT 476.11 416.40 Td (core ) Tj ET Q q 0 0 0 rg BT 495.98 416.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 536.41 416.40 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 404.40 Td (and ) Tj ET Q q 0 0 0 rg BT 83.39 404.40 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 117.63 404.40 Td (operations ) Tj ET Q q 0 0 0 rg BT 160.74 404.40 Td (and ) Tj ET Q q 0 0 0 rg BT 176.63 404.40 Td (provide ) Tj ET Q q 0 0 0 rg BT 208.63 404.40 Td (a ) Tj ET Q q 0 0 0 rg BT 214.53 404.40 Td (more ) Tj ET Q q 0 0 0 rg BT 236.53 404.40 Td (consistent ) Tj ET Q q 0 0 0 rg BT 277.98 404.40 Td (basis ) Tj ET Q q 0 0 0 rg BT 299.43 404.40 Td (for ) Tj ET Q q 0 0 0 rg BT 312.55 404.40 Td (comparison ) Tj ET Q q 0 0 0 rg BT 360.66 404.40 Td (between ) Tj ET Q q 0 0 0 rg BT 395.43 404.40 Td (periods. ) Tj ET Q q 0 0 0 rg BT 428.72 404.40 Td (The ) Tj ET Q q 0 0 0 rg BT 445.72 404.40 Td (following ) Tj ET Q q 0 0 0 rg BT 486.06 404.40 Td (discussion ) Tj ET Q q 0 0 0 rg BT 529.19 404.40 Td (explains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 392.40 Td (the ) Tj ET Q q 0 0 0 rg BT 82.58 392.40 Td (Company) Tj ET Q q 0 0 0 rg BT 124.25 392.40 Td (s ) Tj ET Q q 0 0 0 rg BT 131.00 392.40 Td (use ) Tj ET Q q 0 0 0 rg BT 147.19 392.40 Td (of ) Tj ET Q q 0 0 0 rg BT 158.39 392.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 188.45 392.40 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 233.64 392.40 Td ( ) Tj ET Q q 0 0 0 rg BT 236.50 392.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 274.35 392.40 Td (measures, ) Tj ET Q q 0 0 0 rg BT 316.92 392.40 Td (which ) Tj ET Q q 0 0 0 rg BT 344.22 392.40 Td (are ) Tj ET Q q 0 0 0 rg BT 358.66 392.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 397.63 392.40 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 439.02 392.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 478.00 392.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 514.10 392.40 Td ( ) Tj ET Q q 0 0 0 rg BT 516.97 392.40 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 380.40 Td (to ) Tj ET Q q 0 0 0 rg BT 77.78 380.40 Td (the ) Tj ET Q q 0 0 0 rg BT 92.50 380.40 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 145.53 380.40 Td (of ) Tj ET Q q 0 0 0 rg BT 156.36 380.40 Td (the ) Tj ET Q q 0 0 0 rg BT 171.08 380.40 Td (Company) Tj ET Q q 0 0 0 rg BT 209.32 380.40 Td (, ) Tj ET Q q 0 0 0 rg BT 214.32 380.40 Td (and ) Tj ET Q q 0 0 0 rg BT 231.25 380.40 Td (Gross ) Tj ET Q q 0 0 0 rg BT 257.09 380.40 Td (Mar) Tj ET Q q 0 0 0 rg BT 273.57 380.40 Td (gin.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 362.40 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.94 362.40 Td (Adjusted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.83 362.40 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 131.84 362.40 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.19 362.40 Td ( ) Tj ET Q q 0 0 0 rg BT 177.63 362.40 Td (means ) Tj ET Q q 0 0 0 rg BT 206.19 362.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 243.07 362.40 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 268.30 362.40 Td (before ) Tj ET Q q 0 0 0 rg BT 296.85 362.40 Td (interest, ) Tj ET Q q 0 0 0 rg BT 331.79 362.40 Td (income ) Tj ET Q q 0 0 0 rg BT 364.23 362.40 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 390.29 362.40 Td (amortization ) Tj ET Q q 0 0 0 rg BT 443.83 362.40 Td (of ) Tj ET Q q 0 0 0 rg BT 455.17 362.40 Td (property ) Tj ET Q q 0 0 0 rg BT 492.05 362.40 Td (& ) Tj ET Q q 0 0 0 rg BT 502.84 362.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 548.06 362.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 350.40 Td (intangible ) Tj ET Q q 0 0 0 rg BT 110.41 350.40 Td (assets, ) Tj ET Q q 0 0 0 rg BT 139.16 350.40 Td (amortization ) Tj ET Q q 0 0 0 rg BT 192.61 350.40 Td (of ) Tj ET Q q 0 0 0 rg BT 203.86 350.40 Td (acquired ) Tj ET Q q 0 0 0 rg BT 241.21 350.40 Td (and ) Tj ET Q q 0 0 0 rg BT 258.56 350.40 Td (library ) Tj ET Q q 0 0 0 rg BT 288.14 350.40 Td (content, ) Tj ET Q q 0 0 0 rg BT 322.99 350.40 Td (share-based ) Tj ET Q q 0 0 0 rg BT 373.11 350.40 Td (compensation ) Tj ET Q q 0 0 0 rg BT 431.57 350.40 Td (expense, ) Tj ET Q q 0 0 0 rg BT 469.19 350.40 Td (finance ) Tj ET Q q 0 0 0 rg BT 501.54 350.40 Td (costs, ) Tj ET Q q 0 0 0 rg BT 526.96 350.40 Td (gain/loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 338.40 Td (on ) Tj ET Q q 0 0 0 rg BT 79.64 338.40 Td (embedded ) Tj ET Q q 0 0 0 rg BT 122.87 338.40 Td (derivative, ) Tj ET Q q 0 0 0 rg BT 167.49 338.40 Td (gain/loss ) Tj ET Q q 0 0 0 rg BT 205.19 338.40 Td (on ) Tj ET Q q 0 0 0 rg BT 217.33 338.40 Td (foreign ) Tj ET Q q 0 0 0 rg BT 248.35 338.40 Td (exchange, ) Tj ET Q q 0 0 0 rg BT 290.74 338.40 Td (development ) Tj ET Q q 0 0 0 rg BT 344.53 338.40 Td (expense, ) Tj ET Q q 0 0 0 rg BT 381.38 338.40 Td (impairment ) Tj ET Q q 0 0 0 rg BT 429.62 338.40 Td (of ) Tj ET Q q 0 0 0 rg BT 440.09 338.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 469.43 338.40 Td (investments ) Tj ET Q q 0 0 0 rg BT 519.35 338.40 Td (in ) Tj ET Q q 0 0 0 rg BT 529.26 338.40 Td (film ) Tj ET Q q 0 0 0 rg BT 548.07 338.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 326.40 Td (television ) Tj ET Q q 0 0 0 rg BT 109.11 326.40 Td (programs/acquired ) Tj ET Q q 0 0 0 rg BT 186.80 326.40 Td (and ) Tj ET Q q 0 0 0 rg BT 203.97 326.40 Td (library ) Tj ET Q q 0 0 0 rg BT 233.35 326.40 Td (content, ) Tj ET Q q 0 0 0 rg BT 268.01 326.40 Td (and ) Tj ET Q q 0 0 0 rg BT 285.17 326.40 Td (also ) Tj ET Q q 0 0 0 rg BT 304.01 326.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 340.06 326.40 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 390.56 326.40 Td (for ) Tj ET Q q 0 0 0 rg BT 404.95 326.40 Td (other ) Tj ET Q q 0 0 0 rg BT 428.22 326.40 Td (identified ) Tj ET Q q 0 0 0 rg BT 469.27 326.40 Td (char) Tj ET Q q 0 0 0 rg BT 486.29 326.40 Td (ges, ) Tj ET Q q 0 0 0 rg BT 504.85 326.40 Td (as ) Tj ET Q q 0 0 0 rg BT 515.90 326.40 Td (specified ) Tj ET Q q 0 0 0 rg BT 554.72 326.40 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 314.40 Td (the ) Tj ET Q q 0 0 0 rg BT 81.42 314.40 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 141.43 314.40 Td (tables. ) Tj ET Q q 0 0 0 rg BT 168.58 314.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 206.39 314.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 242.50 314.40 Td ( ) Tj ET Q q 0 0 0 rg BT 244.20 314.40 Td (is ) Tj ET Q q 0 0 0 rg BT 252.57 314.40 Td (not ) Tj ET Q q 0 0 0 rg BT 267.05 314.40 Td (an ) Tj ET Q q 0 0 0 rg BT 278.19 314.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 313.77 314.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 348.79 314.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 394.35 314.40 Td (by ) Tj ET Q q 0 0 0 rg BT 406.06 314.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 432.91 314.40 Td ( ) Tj ET Q q 0 0 0 rg BT 434.61 314.40 Td (and ) Tj ET Q q 0 0 0 rg BT 450.75 314.40 Td (does ) Tj ET Q q 0 0 0 rg BT 470.78 314.40 Td (not ) Tj ET Q q 0 0 0 rg BT 485.26 314.40 Td (have ) Tj ET Q q 0 0 0 rg BT 505.84 314.40 Td (a ) Tj ET Q q 0 0 0 rg BT 511.98 314.40 Td (standardized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 302.40 Td (meaning ) Tj ET Q q 0 0 0 rg BT 103.83 302.40 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 147.38 302.40 Td (by ) Tj ET Q q 0 0 0 rg BT 159.27 302.40 Td (GAAP; ) Tj ET Q q 0 0 0 rg BT 191.18 302.40 Td (accordingly) Tj ET Q q 0 0 0 rg BT 237.73 302.40 Td (, ) Tj ET Q q 0 0 0 rg BT 241.71 302.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 279.72 302.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 315.83 302.40 Td ( ) Tj ET Q q 0 0 0 rg BT 317.72 302.40 Td (may ) Tj ET Q q 0 0 0 rg BT 336.84 302.40 Td (not ) Tj ET Q q 0 0 0 rg BT 351.52 302.40 Td (be ) Tj ET Q q 0 0 0 rg BT 362.85 302.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 411.39 302.40 Td (to ) Tj ET Q q 0 0 0 rg BT 421.07 302.40 Td (similar ) Tj ET Q q 0 0 0 rg BT 450.74 302.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 489.85 302.40 Td (presented ) Tj ET Q q 0 0 0 rg BT 530.06 302.40 Td (by ) Tj ET Q q 0 0 0 rg BT 541.96 302.40 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 290.40 Td (issuers. ) Tj ET Q q 0 0 0 rg BT 99.58 290.40 Td (Management ) Tj ET Q q 0 0 0 rg BT 154.14 290.40 Td (believes ) Tj ET Q q 0 0 0 rg BT 188.75 290.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 227.21 290.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 263.32 290.40 Td ( ) Tj ET Q q 0 0 0 rg BT 265.68 290.40 Td (to ) Tj ET Q q 0 0 0 rg BT 275.82 290.40 Td (be ) Tj ET Q q 0 0 0 rg BT 287.62 290.40 Td (a ) Tj ET Q q 0 0 0 rg BT 294.42 290.40 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 342.32 290.40 Td (indicator ) Tj ET Q q 0 0 0 rg BT 380.22 290.40 Td (of ) Tj ET Q q 0 0 0 rg BT 390.91 290.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 431.03 290.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 483.92 290.40 Td (that ) Tj ET Q q 0 0 0 rg BT 501.27 290.40 Td (provides ) Tj ET Q q 0 0 0 rg BT 538.07 290.40 Td (useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 278.40 Td (information ) Tj ET Q q 0 0 0 rg BT 117.34 278.40 Td (to ) Tj ET Q q 0 0 0 rg BT 127.75 278.40 Td (investors ) Tj ET Q q 0 0 0 rg BT 166.49 278.40 Td (regarding ) Tj ET Q q 0 0 0 rg BT 207.43 278.40 Td (our ) Tj ET Q q 0 0 0 rg BT 223.39 278.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 261.00 278.40 Td (condition ) Tj ET Q q 0 0 0 rg BT 301.40 278.40 Td (and ) Tj ET Q q 0 0 0 rg BT 318.47 278.40 Td (results ) Tj ET Q q 0 0 0 rg BT 347.21 278.40 Td (of ) Tj ET Q q 0 0 0 rg BT 358.17 278.40 Td (operation. ) Tj ET Q q 0 0 0 rg BT 400.87 278.40 Td (The ) Tj ET Q q 0 0 0 rg BT 419.05 278.40 Td (most ) Tj ET Q q 0 0 0 rg BT 441.13 278.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 490.40 278.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 517.25 278.40 Td ( ) Tj ET Q q 0 0 0 rg BT 519.88 278.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 555.83 278.40 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 266.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 103.88 266.40 Td (before ) Tj ET Q q 0 0 0 rg BT 131.91 266.40 Td (income ) Tj ET Q q 0 0 0 rg BT 163.85 266.40 Td (taxes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 248.40 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.94 248.40 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 169.13 248.40 Td ( attributable to the shar) Tj ET Q q 0 0 0 rg BT 270.61 248.40 Td (eholders of the Company) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.55 248.40 Td ( means ) Tj ET Q q 0 0 0 rg BT 411.98 248.40 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 486.70 248.40 Td ( excluding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 236.40 Td (portion of ) Tj ET Q q 0 0 0 rg BT 109.17 236.40 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 183.88 236.40 Td ( attributable to non-controlling interests.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 218.40 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.94 218.40 Td (Gr) Tj ET Q q 0 0 0 rg BT 101.97 218.40 Td (oss ) Tj ET Q q 0 0 0 rg BT 116.98 218.40 Td (Margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.20 218.40 Td () Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 153.63 225.33 2.22 -9.09 re f /GS0 gs q 0 0 0 rg BT 153.63 218.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.86 218.40 Td (means ) Tj ET Q q 0 0 0 rg BT 183.63 218.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 217.49 218.40 Td (less ) Tj ET Q q 0 0 0 rg BT 234.71 218.40 Td (direct ) Tj ET Q q 0 0 0 rg BT 259.70 218.40 Td (production ) Tj ET Q q 0 0 0 rg BT 305.25 218.40 Td (costs ) Tj ET Q q 0 0 0 rg BT 327.47 218.40 Td (and ) Tj ET Q q 0 0 0 rg BT 344.13 218.40 Td (expense ) Tj ET Q q 0 0 0 rg BT 378.56 218.40 Td (of ) Tj ET Q q 0 0 0 rg BT 389.11 218.40 Td (film ) Tj ET Q q 0 0 0 rg BT 408.00 218.40 Td (and ) Tj ET Q q 0 0 0 rg BT 424.66 218.40 Td (television ) Tj ET Q q 0 0 0 rg BT 465.76 218.40 Td (produced. ) Tj ET Q q 0 0 0 rg BT 507.69 218.40 Td (Gross ) Tj ET Q q 0 0 0 rg BT 533.24 218.40 Td (Mar) Tj ET Q q 0 0 0 rg BT 549.72 218.40 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 206.40 Td (is ) Tj ET Q q 0 0 0 rg BT 76.04 206.40 Td (not ) Tj ET Q q 0 0 0 rg BT 90.69 206.40 Td (an ) Tj ET Q q 0 0 0 rg BT 102.00 206.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 137.75 206.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 172.94 206.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 218.67 206.40 Td (by ) Tj ET Q q 0 0 0 rg BT 230.54 206.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 257.40 206.40 Td ( ) Tj ET Q q 0 0 0 rg BT 259.27 206.40 Td (and ) Tj ET Q q 0 0 0 rg BT 275.58 206.40 Td (does ) Tj ET Q q 0 0 0 rg BT 295.78 206.40 Td (not ) Tj ET Q q 0 0 0 rg BT 310.43 206.40 Td (have ) Tj ET Q q 0 0 0 rg BT 331.18 206.40 Td (a ) Tj ET Q q 0 0 0 rg BT 337.49 206.40 Td (standardized ) Tj ET Q q 0 0 0 rg BT 389.89 206.40 Td (meaning ) Tj ET Q q 0 0 0 rg BT 426.20 206.40 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 469.72 206.40 Td (by ) Tj ET Q q 0 0 0 rg BT 481.59 206.40 Td (GAAP; ) Tj ET Q q 0 0 0 rg BT 513.46 206.40 Td (accordingly) Tj ET Q q 0 0 0 rg BT 560.02 206.40 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 194.40 Td (Gross ) Tj ET Q q 0 0 0 rg BT 93.39 194.40 Td (Mar) Tj ET Q q 0 0 0 rg BT 109.87 194.40 Td (gin ) Tj ET Q q 0 0 0 rg BT 125.20 194.40 Td (may ) Tj ET Q q 0 0 0 rg BT 144.96 194.40 Td (not ) Tj ET Q q 0 0 0 rg BT 160.29 194.40 Td (be ) Tj ET Q q 0 0 0 rg BT 172.28 194.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 221.47 194.40 Td (to ) Tj ET Q q 0 0 0 rg BT 231.80 194.40 Td (similar ) Tj ET Q q 0 0 0 rg BT 262.13 194.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 301.89 194.40 Td (presented ) Tj ET Q q 0 0 0 rg BT 342.75 194.40 Td (by ) Tj ET Q q 0 0 0 rg BT 355.31 194.40 Td (other ) Tj ET Q q 0 0 0 rg BT 378.40 194.40 Td (issuers. ) Tj ET Q q 0 0 0 rg BT 410.49 194.40 Td (The ) Tj ET Q q 0 0 0 rg BT 428.59 194.40 Td (most ) Tj ET Q q 0 0 0 rg BT 450.59 194.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 499.78 194.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 526.64 194.40 Td ( ) Tj ET Q q 0 0 0 rg BT 529.19 194.40 Td (measure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 182.40 Td (is ) Tj ET Q q 0 0 0 rg BT 76.67 182.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 113.05 182.40 Td (before ) Tj ET Q q 0 0 0 rg BT 141.08 182.40 Td (income ) Tj ET Q q 0 0 0 rg BT 173.02 182.40 Td (taxes.) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 742.25 Td (Reconciliation of Historical Results to ) Tj ET Q q 0 0 0 rg BT 230.54 742.25 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 309.73 742.25 Td ( and ) Tj ET Q q 0 0 0 rg BT 330.30 742.25 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 409.49 742.25 Td ( attributable to the shar) Tj ET Q q 0 0 0 rg BT 510.97 742.25 Td (eholders of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 730.25 Td (the Company) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 712.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 123.86 712.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 159.96 712.25 Td ( ) Tj ET Q q 0 0 0 rg BT 162.21 712.25 Td (and ) Tj ET Q q 0 0 0 rg BT 178.40 712.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 216.76 712.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 252.87 712.25 Td ( ) Tj ET Q q 0 0 0 rg BT 255.11 712.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 302.90 712.25 Td (to ) Tj ET Q q 0 0 0 rg BT 312.92 712.25 Td (the ) Tj ET Q q 0 0 0 rg BT 327.39 712.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 380.17 712.25 Td (of ) Tj ET Q q 0 0 0 rg BT 390.75 712.25 Td (the ) Tj ET Q q 0 0 0 rg BT 405.22 712.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 446.35 712.25 Td (are ) Tj ET Q q 0 0 0 rg BT 460.80 712.25 Td (not ) Tj ET Q q 0 0 0 rg BT 475.83 712.25 Td (a ) Tj ET Q q 0 0 0 rg BT 482.52 712.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 528.63 712.25 Td (earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.25 Td (measures ) Tj ET Q q 0 0 0 rg BT 107.81 700.25 Td (under ) Tj ET Q q 0 0 0 rg BT 133.68 700.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 160.54 700.25 Td ( ) Tj ET Q q 0 0 0 rg BT 163.64 700.25 Td (and ) Tj ET Q q 0 0 0 rg BT 181.18 700.25 Td (do ) Tj ET Q q 0 0 0 rg BT 194.28 700.25 Td (not ) Tj ET Q q 0 0 0 rg BT 210.17 700.25 Td (have ) Tj ET Q q 0 0 0 rg BT 232.15 700.25 Td (standardized ) Tj ET Q q 0 0 0 rg BT 285.78 700.25 Td (meanings ) Tj ET Q q 0 0 0 rg BT 327.21 700.25 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 371.96 700.25 Td (by ) Tj ET Q q 0 0 0 rg BT 385.06 700.25 Td (GAAP; ) Tj ET Q q 0 0 0 rg BT 418.17 700.25 Td (accordingly) Tj ET Q q 0 0 0 rg BT 464.72 700.25 Td (, ) Tj ET Q q 0 0 0 rg BT 469.64 700.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 508.85 700.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 544.96 700.25 Td ( ) Tj ET Q q 0 0 0 rg BT 548.06 700.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 688.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 105.97 688.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 142.08 688.25 Td ( ) Tj ET Q q 0 0 0 rg BT 144.44 688.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 192.34 688.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.48 688.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.05 688.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 269.95 688.25 Td (of ) Tj ET Q q 0 0 0 rg BT 280.64 688.25 Td (the ) Tj ET Q q 0 0 0 rg BT 295.22 688.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 336.47 688.25 Td (may ) Tj ET Q q 0 0 0 rg BT 356.04 688.25 Td (not ) Tj ET Q q 0 0 0 rg BT 371.18 688.25 Td (be ) Tj ET Q q 0 0 0 rg BT 382.98 688.25 Td (comparable ) Tj ET Q q 0 0 0 rg BT 431.98 688.25 Td (to ) Tj ET Q q 0 0 0 rg BT 442.12 688.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 472.26 688.25 Td (measures ) Tj ET Q q 0 0 0 rg BT 511.83 688.25 Td (presented ) Tj ET Q q 0 0 0 rg BT 552.50 688.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.25 Td (other ) Tj ET Q q 0 0 0 rg BT 92.61 676.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 139.95 676.25 Td (or ) Tj ET Q q 0 0 0 rg BT 152.84 676.25 Td (issuers. ) Tj ET Q q 0 0 0 rg BT 187.13 676.25 Td (Investors ) Tj ET Q q 0 0 0 rg BT 228.36 676.25 Td (are ) Tj ET Q q 0 0 0 rg BT 245.14 676.25 Td (cautioned ) Tj ET Q q 0 0 0 rg BT 288.58 676.25 Td (that ) Tj ET Q q 0 0 0 rg BT 307.13 676.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 347.81 676.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 383.92 676.25 Td ( ) Tj ET Q q 0 0 0 rg BT 388.48 676.25 Td (and ) Tj ET Q q 0 0 0 rg BT 406.48 676.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 447.16 676.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 483.27 676.25 Td ( ) Tj ET Q q 0 0 0 rg BT 487.83 676.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 537.94 676.25 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 676.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 664.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 120.59 664.25 Td (of ) Tj ET Q q 0 0 0 rg BT 131.47 664.25 Td (the ) Tj ET Q q 0 0 0 rg BT 146.24 664.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 187.68 664.25 Td (should ) Tj ET Q q 0 0 0 rg BT 216.90 664.25 Td (not ) Tj ET Q q 0 0 0 rg BT 232.24 664.25 Td (be ) Tj ET Q q 0 0 0 rg BT 244.23 664.25 Td (construed ) Tj ET Q q 0 0 0 rg BT 285.66 664.25 Td (as ) Tj ET Q q 0 0 0 rg BT 296.54 664.25 Td (an ) Tj ET Q q 0 0 0 rg BT 308.53 664.25 Td (alternative ) Tj ET Q q 0 0 0 rg BT 353.28 664.25 Td (to ) Tj ET Q q 0 0 0 rg BT 363.61 664.25 Td (net ) Tj ET Q q 0 0 0 rg BT 378.38 664.25 Td (income ) Tj ET Q q 0 0 0 rg BT 410.37 664.25 Td (or ) Tj ET Q q 0 0 0 rg BT 421.25 664.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 439.36 664.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 486.90 664.25 Td (in ) Tj ET Q q 0 0 0 rg BT 497.23 664.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 544.74 664.25 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 652.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 94.36 652.25 Td ( ) Tj ET Q q 0 0 0 rg BT 96.95 652.25 Td (as ) Tj ET Q q 0 0 0 rg BT 107.87 652.25 Td (an ) Tj ET Q q 0 0 0 rg BT 119.90 652.25 Td (indicator ) Tj ET Q q 0 0 0 rg BT 158.03 652.25 Td (of ) Tj ET Q q 0 0 0 rg BT 168.95 652.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.75 652.25 Td (Company) Tj ET Q q 0 0 0 rg BT 225.42 652.25 Td (s ) Tj ET Q q 0 0 0 rg BT 231.90 652.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 285.01 652.25 Td (or ) Tj ET Q q 0 0 0 rg BT 295.94 652.25 Td (to ) Tj ET Q q 0 0 0 rg BT 306.30 652.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 326.66 652.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 351.47 652.25 Td (from ) Tj ET Q q 0 0 0 rg BT 373.50 652.25 Td (operating, ) Tj ET Q q 0 0 0 rg BT 416.36 652.25 Td (investing, ) Tj ET Q q 0 0 0 rg BT 458.11 652.25 Td (and ) Tj ET Q q 0 0 0 rg BT 475.14 652.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 515.50 652.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 554.18 652.25 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 640.25 Td (a ) Tj ET Q q 0 0 0 rg BT 74.44 640.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 110.25 640.25 Td (of ) Tj ET Q q 0 0 0 rg BT 121.08 640.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 157.48 640.25 Td (and ) Tj ET Q q 0 0 0 rg BT 174.41 640.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 194.68 640.25 Td (flows. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 622.25 Td (The ) Tj ET Q q 0 0 0 rg BT 86.11 622.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 128.06 622.25 Td (results ) Tj ET Q q 0 0 0 rg BT 157.79 622.25 Td (for ) Tj ET Q q 0 0 0 rg BT 172.51 622.25 Td (any ) Tj ET Q q 0 0 0 rg BT 190.01 622.25 Td (period ) Tj ET Q q 0 0 0 rg BT 218.62 622.25 Td (should ) Tj ET Q q 0 0 0 rg BT 248.91 622.25 Td (not ) Tj ET Q q 0 0 0 rg BT 264.75 622.25 Td (be ) Tj ET Q q 0 0 0 rg BT 276.69 622.25 Td (relied ) Tj ET Q q 0 0 0 rg BT 302.51 622.25 Td (upon ) Tj ET Q q 0 0 0 rg BT 326.14 622.25 Td (as ) Tj ET Q q 0 0 0 rg BT 337.53 622.25 Td (an ) Tj ET Q q 0 0 0 rg BT 350.59 622.25 Td (indication ) Tj ET Q q 0 0 0 rg BT 394.77 622.25 Td (of ) Tj ET Q q 0 0 0 rg BT 405.60 622.25 Td (results ) Tj ET Q q 0 0 0 rg BT 435.33 622.25 Td (for ) Tj ET Q q 0 0 0 rg BT 450.05 622.25 Td (any ) Tj ET Q q 0 0 0 rg BT 467.55 622.25 Td (future ) Tj ET Q q 0 0 0 rg BT 495.61 622.25 Td (period.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 605.75 m 86 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 605.75 m 90 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90 605.75 m 246 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 605.75 m 279 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 605.75 m 313 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 605.75 m 347 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 605.75 m 381 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 605.75 m 413 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 605.75 m 447 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 605.75 m 479 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 605.75 m 508 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 605.75 m 539 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 605.75 m 543 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 539 605.75 m 543 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 583.75 m 86 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 558.75 m 279 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 558.75 m 313 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 558.75 m 347 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 558.75 m 381 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 558.75 m 413 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 558.75 m 447 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 558.75 m 479 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 558.75 m 508 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 558.75 m 539 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 583.75 m 543 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 558.75 m 86 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 543.75 m 279 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 558.75 m 313 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 543.75 m 313 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 558.75 m 347 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 543.75 m 347 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 543.75 m 381 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 543.75 m 413 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 543.75 m 447 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 543.75 m 479 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 543.75 m 508 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 543.75 m 539 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 558.75 m 543 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 543.75 m 86 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 543.75 m 279 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 543.75 m 313 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 543.75 m 347 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 543.75 m 543 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 528.75 m 86 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 528.75 m 543 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 513.75 m 86 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 513.75 m 543 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 498.75 m 86 480.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 498.75 m 543 480.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 480.75 m 86 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 480.75 m 543 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 465.75 m 86 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 465.75 m 543 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 439.75 m 86 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 439.75 m 543 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 424.75 m 86 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 424.75 m 543 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 405.75 m 86 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 390.75 m 279 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 390.75 m 313 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 390.75 m 381 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 390.75 m 413 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 390.75 m 447 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 390.75 m 479 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 390.75 m 508 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 390.75 m 539 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 405.75 m 543 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 390.75 m 86 375.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 390.75 m 279 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 390.75 m 313 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 390.75 m 347 390.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 390.75 m 543 375.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 375.75 m 86 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 353.75 m 381 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 353.75 m 413 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 353.75 m 447 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 353.75 m 479 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 353.75 m 508 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 353.75 m 539 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 375.75 m 543 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 353.75 m 86 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 353.75 m 279 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 331.75 m 279 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 329.75 m 279 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 353.75 m 313 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 331.75 m 313 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 329.75 m 313 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 353.75 m 347 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 331.75 m 347 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 329.75 m 347 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 331.75 m 381 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 329.75 m 381 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 331.75 m 413 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 329.75 m 413 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 331.75 m 447 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 329.75 m 447 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 331.75 m 479 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 329.75 m 479 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 331.75 m 508 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 329.75 m 508 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 331.75 m 539 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 329.75 m 539 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 353.75 m 543 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 330.75 m 86 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 86 315.75 m 90 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90 315.75 m 246 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 315.75 m 279 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 315.75 m 313 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 315.75 m 347 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 315.75 m 381 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381 315.75 m 413 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 315.75 m 447 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 315.75 m 479 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 315.75 m 508 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 315.75 m 539 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 543 330.75 m 543 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 539 315.75 m 543 315.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.95 572.20 Td (Q1 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.55 563.20 Td (2019) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 272.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.95 572.20 Td (Q4 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.55 563.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 306.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 572.20 Td (Q3 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.55 563.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 340.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.95 572.20 Td (Q2 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.55 563.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 374.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.95 572.20 Td (Q1 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.55 563.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 406.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.95 572.20 Td (Q4 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.55 563.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 440.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.95 572.20 Td (Q3 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.55 563.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 472.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.95 572.20 Td (Q2 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.55 563.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 501.55 567.28 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.95 572.20 Td (Q1 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.55 563.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 532.55 567.28 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.15 547.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.15 547.98 Td (\($000\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 533.00 Td (Income \(loss\) before income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 204.50 532.70 Td (...................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.80 533.00 Td (681) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 285.10 533.00 Td (\(24,568) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.80 533.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 323.10 533.00 Td (\(5,763) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.80 533.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 355.80 533.00 Td (13,560) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.80 533.00 Td (1) Tj ET Q q 0 0 0 rg BT 391.80 533.00 Td (1,514) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.10 533.00 Td (\(22,020) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 443.80 533.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 453.80 533.00 Td (10,464) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 533.00 Td (7,794) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 533.00 Td (1,999) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 518.00 Td (Interest expense, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 158.50 517.70 Td (..........................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 253.80 518.00 Td (1) Tj ET Q q 0 0 0 rg BT 257.80 518.00 Td (1,282) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 287.80 518.00 Td (13,193) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.80 518.00 Td (1) Tj ET Q q 0 0 0 rg BT 325.80 518.00 Td (1,266) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 355.80 518.00 Td (12,138) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.80 518.00 Td (1) Tj ET Q q 0 0 0 rg BT 391.80 518.00 Td (1,387) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 518.00 Td (4,360) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 518.00 Td (4,682) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 518.00 Td (4,639) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 518.00 Td (4,292) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 503.00 Td (Amortization) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 135.16 506.63 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 138.50 502.70 Td (....................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 257.80 503.00 Td (5,385) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 291.80 503.00 Td (6,252) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.80 503.00 Td (6,122) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 503.00 Td (5,892) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 503.00 Td (5,908) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 503.00 Td (5,062) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 503.00 Td (4,619) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 503.00 Td (4,059) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 503.00 Td (3,825) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 485.00 Td (Amortization of acquired and library content) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.50 484.70 Td (...) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 257.80 485.00 Td (3,574) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 291.80 485.00 Td (3,770) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.80 485.00 Td (4,456) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 485.00 Td (3,791) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 485.00 Td (3,899) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 485.00 Td (2,359) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 485.00 Td (2,355) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 485.00 Td (2,526) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 485.00 Td (3,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 470.00 Td (Share-based compensation expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 206.50 469.70 Td (..................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.80 470.00 Td (374) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 295.10 470.00 Td (\(176) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.80 470.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 331.80 470.00 Td (913) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 470.00 Td (1,019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 470.00 Td (1,194) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 470.00 Td (1,497) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 470.00 Td (1,479) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 470.00 Td (1,601) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 470.00 Td (1,290) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 452.00 Td (Other finance costs, changes in fair value ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 444.00 Td (embedded of derivative, and foreign exchange) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.80 444.00 Td (757) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 291.80 444.00 Td (8,349) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.80 444.00 Td (6,948) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.10 444.00 Td (\(5,575) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.80 444.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 385.10 444.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 391.76 444.00 Td (1,148) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.80 444.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.80 444.00 Td (22,046) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.10 444.00 Td (\(1,130) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 475.80 444.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.80 444.00 Td (2,067) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 521.10 444.00 Td (\(502) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 444.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 429.00 Td (Acquisition costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 148.50 428.70 Td (...............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 267.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 301.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 335.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 369.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 429.00 Td (9,695) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.80 429.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 416.70 Td (W) Tj ET Q q 0 0 0 rg BT 99.73 416.70 Td (rite-down of certain investment in film and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 408.70 Td (television) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 124.50 408.70 Td (...........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 267.80 410.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 287.80 410.00 Td (10,102) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 331.80 410.00 Td (875) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 410.00 Td (1,050) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 410.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.80 410.00 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 410.00 Td (1,081) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 492.80 410.00 Td (447) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.80 410.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 395.00 Td (Development, integration and other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 206.50 394.70 Td (..................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 257.80 395.00 Td (1,888) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 291.80 395.00 Td (2,029) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.80 395.00 Td (4,567) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 395.00 Td (2,373) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.80 395.00 Td (1,585) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.80 395.00 Td (660) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.80 395.00 Td (1,303) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 492.80 395.00 Td (846) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 523.80 395.00 Td (626) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 92.50 379.98 Td (Adjusted EBITDA) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 153.18 383.61 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 253.80 379.98 Td (23,941) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 287.80 379.98 Td (18,951) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 321.80 379.98 Td (29,384) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 355.80 379.98 Td (34,248) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 387.80 379.98 Td (24,339) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 421.80 379.98 Td (23,671) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.80 379.98 Td (24,853) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 482.80 379.98 Td (23,979) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 513.80 379.98 Td (14,831) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 366.00 Td (Portion of ) Tj ET Q q 0 0 0 rg BT 126.28 366.00 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 186.05 366.00 Td ( attributable to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 358.00 Td (non-controlling interests) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 170.93 361.63 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 174.50 357.70 Td (..................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 255.10 358.00 Td (\(6,633) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 275.80 358.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 289.10 358.00 Td (\(2,979) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.80 358.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 323.10 358.00 Td (\(2,671) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.80 358.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.10 358.00 Td (\(2,236) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.80 358.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.10 358.00 Td (\(1,551) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.80 358.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.80 358.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.80 358.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.80 358.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.80 358.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 342.98 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 155.85 342.98 Td ( attributable to the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 334.98 Td (shar) Tj ET Q q 0 0 0 rg BT 107.47 334.98 Td (eholders of the company) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 190.80 338.61 Td (1 & 3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 204.50 334.70 Td (...................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.80 334.98 Td (17,308) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.80 334.98 Td (15,972) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.80 334.98 Td (26,713) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.80 334.98 Td (32,012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.80 334.98 Td (22,788) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.80 334.98 Td (23,671) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.80 334.98 Td (24,853) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.80 334.98 Td (23,979) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.80 334.98 Td (14,831) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 67.50 308.02 Td (1) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 69.77 304.85 Td (See ) Tj ET Q q 0 0 0 rg BT 81.63 304.85 Td (Use ) Tj ET Q q 0 0 0 rg BT 97.38 304.85 Td (of ) Tj ET Q q 0 0 0 rg BT 104.96 304.85 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 138.14 304.85 Td ( ) Tj ET Q q 0 0 0 rg BT 139.89 304.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 167.69 304.85 Td (Measures ) Tj ET Q q 0 0 0 rg BT 199.37 304.85 Td (section ) Tj ET Q q 0 0 0 rg BT 220.95 304.85 Td (of ) Tj ET Q q 0 0 0 rg BT 228.53 304.85 Td (this ) Tj ET Q q 0 0 0 rg BT 240.39 304.85 Td (MD&A) Tj ET Q q 0 0 0 rg BT 261.79 304.85 Td ( ) Tj ET Q q 0 0 0 rg BT 263.54 304.85 Td (for ) Tj ET Q q 0 0 0 rg BT 273.45 304.85 Td (further ) Tj ET Q q 0 0 0 rg BT 294.24 304.85 Td (details.) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 67.50 296.62 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 69.77 293.45 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 108.85 293.45 Td (is ) Tj ET Q q 0 0 0 rg BT 115.27 293.45 Td (made ) Tj ET Q q 0 0 0 rg BT 132.18 293.45 Td (up ) Tj ET Q q 0 0 0 rg BT 140.93 293.45 Td (of ) Tj ET Q q 0 0 0 rg BT 148.51 293.45 Td (amortization ) Tj ET Q q 0 0 0 rg BT 185.63 293.45 Td (of ) Tj ET Q q 0 0 0 rg BT 193.21 293.45 Td (P&E ) Tj ET Q q 0 0 0 rg BT 208.58 293.45 Td (and ) Tj ET Q q 0 0 0 rg BT 220.44 293.45 Td (intangibles. ) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 67.50 285.22 Td (3) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 69.77 282.05 Td (For ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 81.61 282.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 92.28 282.05 Td (2019) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 106.28 282.05 Td (, ) Tj ET Q q 0 0 0 rg BT 110.15 282.05 Td (net ) Tj ET Q q 0 0 0 rg BT 120.81 282.05 Td (income ) Tj ET Q q 0 0 0 rg BT 143.53 282.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 177.52 282.05 Td (to ) Tj ET Q q 0 0 0 rg BT 185.08 282.05 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 230.74 282.05 Td (interests ) Tj ET Q q 0 0 0 rg BT 256.18 282.05 Td (was ) Tj ET Q q 0 0 0 rg BT 269.19 282.05 Td ($5.7 ) Tj ET Q q 0 0 0 rg BT 283.55 282.05 Td (million, ) Tj ET Q q 0 0 0 rg BT 307.64 282.05 Td (composed ) Tj ET Q q 0 0 0 rg BT 338.13 282.05 Td (of ) Tj ET Q q 0 0 0 rg BT 346.08 282.05 Td ($6.6 ) Tj ET Q q 0 0 0 rg BT 360.44 282.05 Td (million ) Tj ET Q q 0 0 0 rg BT 382.78 282.05 Td (which ) Tj ET Q q 0 0 0 rg BT 402.00 282.05 Td (was ) Tj ET Q q 0 0 0 rg BT 415.00 282.05 Td (included ) Tj ET Q q 0 0 0 rg BT 441.22 282.05 Td (in ) Tj ET Q q 0 0 0 rg BT 448.31 282.05 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 475.70 282.05 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 500.98 282.05 Td ( ) Tj ET Q q 0 0 0 rg BT 503.09 282.05 Td (and ) Tj ET Q q 0 0 0 rg BT 515.32 282.05 Td (\($0.9\) ) Tj ET Q q 0 0 0 rg BT 534.34 282.05 Td (million ) Tj ET Q q 0 0 0 rg BT 556.68 282.05 Td (of ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 273.65 Td (which ) Tj ET Q q 0 0 0 rg BT 86.37 273.65 Td (is ) Tj ET Q q 0 0 0 rg BT 92.79 273.65 Td (not ) Tj ET Q q 0 0 0 rg BT 103.50 273.65 Td (included ) Tj ET Q q 0 0 0 rg BT 129.36 273.65 Td (in ) Tj ET Q q 0 0 0 rg BT 136.17 273.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 163.21 273.65 Td (EBITDA. ) Tj ET Q q 0 0 0 rg BT 192.38 273.65 Td (For ) Tj ET Q q 0 0 0 rg BT 203.86 273.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 214.18 273.65 Td (2018, ) Tj ET Q q 0 0 0 rg BT 231.69 273.65 Td (net ) Tj ET Q q 0 0 0 rg BT 242.00 273.65 Td (income ) Tj ET Q q 0 0 0 rg BT 264.36 273.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 297.99 273.65 Td (to ) Tj ET Q q 0 0 0 rg BT 305.20 273.65 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 350.50 273.65 Td (interests ) Tj ET Q q 0 0 0 rg BT 375.59 273.65 Td (was ) Tj ET Q q 0 0 0 rg BT 388.24 273.65 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 402.24 273.65 Td (million, ) Tj ET Q q 0 0 0 rg BT 425.98 273.65 Td (composed ) Tj ET Q q 0 0 0 rg BT 456.12 273.65 Td (of ) Tj ET Q q 0 0 0 rg BT 463.71 273.65 Td ($3.0 ) Tj ET Q q 0 0 0 rg BT 477.72 273.65 Td (million ) Tj ET Q q 0 0 0 rg BT 499.70 273.65 Td (which ) Tj ET Q q 0 0 0 rg BT 518.57 273.65 Td (was ) Tj ET Q q 0 0 0 rg BT 531.21 273.65 Td (included ) Tj ET Q q 0 0 0 rg BT 557.07 273.65 Td (in ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 265.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 94.15 265.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 119.43 265.25 Td ( ) Tj ET Q q 0 0 0 rg BT 120.80 265.25 Td (and ) Tj ET Q q 0 0 0 rg BT 132.28 265.25 Td (\($0.6\) ) Tj ET Q q 0 0 0 rg BT 150.57 265.25 Td (million ) Tj ET Q q 0 0 0 rg BT 172.17 265.25 Td (of ) Tj ET Q q 0 0 0 rg BT 179.37 265.25 Td (which ) Tj ET Q q 0 0 0 rg BT 197.85 265.25 Td (is ) Tj ET Q q 0 0 0 rg BT 203.89 265.25 Td (not ) Tj ET Q q 0 0 0 rg BT 214.21 265.25 Td (included ) Tj ET Q q 0 0 0 rg BT 239.69 265.25 Td (in ) Tj ET Q q 0 0 0 rg BT 246.21 265.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 272.86 265.25 Td (EBITDA. ) Tj ET Q q 0 0 0 rg BT 301.64 265.25 Td (For ) Tj ET Q q 0 0 0 rg BT 312.74 265.25 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 322.67 265.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 339.79 265.25 Td (net ) Tj ET Q q 0 0 0 rg BT 349.72 265.25 Td (income ) Tj ET Q q 0 0 0 rg BT 371.70 265.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 404.95 265.25 Td (to ) Tj ET Q q 0 0 0 rg BT 411.77 265.25 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 456.69 265.25 Td (interests ) Tj ET Q q 0 0 0 rg BT 481.39 265.25 Td (was ) Tj ET Q q 0 0 0 rg BT 493.65 265.25 Td ($1.63 ) Tj ET Q q 0 0 0 rg BT 510.77 265.25 Td (million, ) Tj ET Q q 0 0 0 rg BT 534.12 265.25 Td (composed ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 256.85 Td (of ) Tj ET Q q 0 0 0 rg BT 74.52 256.85 Td ($2.67 ) Tj ET Q q 0 0 0 rg BT 91.46 256.85 Td (million ) Tj ET Q q 0 0 0 rg BT 112.87 256.85 Td (which ) Tj ET Q q 0 0 0 rg BT 131.16 256.85 Td (was ) Tj ET Q q 0 0 0 rg BT 143.23 256.85 Td (included ) Tj ET Q q 0 0 0 rg BT 168.52 256.85 Td (in ) Tj ET Q q 0 0 0 rg BT 174.89 256.85 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 201.36 256.85 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 226.63 256.85 Td ( ) Tj ET Q q 0 0 0 rg BT 227.82 256.85 Td (and ) Tj ET Q q 0 0 0 rg BT 239.11 256.85 Td (\($1.04\) ) Tj ET Q q 0 0 0 rg BT 260.71 256.85 Td (million ) Tj ET Q q 0 0 0 rg BT 282.12 256.85 Td (of ) Tj ET Q q 0 0 0 rg BT 289.14 256.85 Td (which ) Tj ET Q q 0 0 0 rg BT 307.44 256.85 Td (is ) Tj ET Q q 0 0 0 rg BT 313.29 256.85 Td (not ) Tj ET Q q 0 0 0 rg BT 323.42 256.85 Td (included ) Tj ET Q q 0 0 0 rg BT 348.71 256.85 Td (in ) Tj ET Q q 0 0 0 rg BT 355.08 256.85 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 381.55 256.85 Td (EBITDA. ) Tj ET Q q 0 0 0 rg BT 410.15 256.85 Td (For ) Tj ET Q q 0 0 0 rg BT 421.06 256.85 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 430.80 256.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 447.74 256.85 Td (net ) Tj ET Q q 0 0 0 rg BT 457.47 256.85 Td (income ) Tj ET Q q 0 0 0 rg BT 479.27 256.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 512.33 256.85 Td (to ) Tj ET Q q 0 0 0 rg BT 518.96 256.85 Td (non-controlling ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 248.45 Td (interests ) Tj ET Q q 0 0 0 rg BT 92.38 248.45 Td (was ) Tj ET Q q 0 0 0 rg BT 104.82 248.45 Td ($1.83 ) Tj ET Q q 0 0 0 rg BT 122.12 248.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 145.65 248.45 Td (composed ) Tj ET Q q 0 0 0 rg BT 175.58 248.45 Td (of ) Tj ET Q q 0 0 0 rg BT 182.97 248.45 Td ($2.24 ) Tj ET Q q 0 0 0 rg BT 200.27 248.45 Td (million ) Tj ET Q q 0 0 0 rg BT 222.05 248.45 Td (which ) Tj ET Q q 0 0 0 rg BT 240.71 248.45 Td (was ) Tj ET Q q 0 0 0 rg BT 253.15 248.45 Td (included ) Tj ET Q q 0 0 0 rg BT 278.80 248.45 Td (in ) Tj ET Q q 0 0 0 rg BT 285.46 248.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 312.29 248.45 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 337.56 248.45 Td ( ) Tj ET Q q 0 0 0 rg BT 339.11 248.45 Td (and ) Tj ET Q q 0 0 0 rg BT 350.77 248.45 Td (\($0.41\) ) Tj ET Q q 0 0 0 rg BT 372.74 248.45 Td (million ) Tj ET Q q 0 0 0 rg BT 394.52 248.45 Td (of ) Tj ET Q q 0 0 0 rg BT 401.90 248.45 Td (which ) Tj ET Q q 0 0 0 rg BT 420.56 248.45 Td (is ) Tj ET Q q 0 0 0 rg BT 426.78 248.45 Td (not ) Tj ET Q q 0 0 0 rg BT 437.28 248.45 Td (included ) Tj ET Q q 0 0 0 rg BT 462.94 248.45 Td (in ) Tj ET Q q 0 0 0 rg BT 469.59 248.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 496.42 248.45 Td (EBITDA. ) Tj ET Q q 0 0 0 rg BT 525.38 248.45 Td (For ) Tj ET Q q 0 0 0 rg BT 536.66 248.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 546.77 248.45 Td (2018, ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 240.05 Td (net ) Tj ET Q q 0 0 0 rg BT 77.97 240.05 Td (income ) Tj ET Q q 0 0 0 rg BT 100.49 240.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 134.28 240.05 Td (to ) Tj ET Q q 0 0 0 rg BT 141.64 240.05 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 187.10 240.05 Td (interests ) Tj ET Q q 0 0 0 rg BT 212.35 240.05 Td (was ) Tj ET Q q 0 0 0 rg BT 225.15 240.05 Td ($1.42 ) Tj ET Q q 0 0 0 rg BT 242.82 240.05 Td (million, ) Tj ET Q q 0 0 0 rg BT 266.71 240.05 Td (composed ) Tj ET Q q 0 0 0 rg BT 297.01 240.05 Td (of ) Tj ET Q q 0 0 0 rg BT 304.75 240.05 Td ($1.55 ) Tj ET Q q 0 0 0 rg BT 322.42 240.05 Td (million ) Tj ET Q q 0 0 0 rg BT 344.56 240.05 Td (which ) Tj ET Q q 0 0 0 rg BT 363.58 240.05 Td (was ) Tj ET Q q 0 0 0 rg BT 376.38 240.05 Td (included ) Tj ET Q q 0 0 0 rg BT 402.40 240.05 Td (in ) Tj ET Q q 0 0 0 rg BT 409.34 240.05 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 436.53 240.05 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 461.81 240.05 Td ( ) Tj ET Q q 0 0 0 rg BT 463.73 240.05 Td (and ) Tj ET Q q 0 0 0 rg BT 475.75 240.05 Td (\($0.13\) ) Tj ET Q q 0 0 0 rg BT 498.08 240.05 Td (million ) Tj ET Q q 0 0 0 rg BT 520.22 240.05 Td (of ) Tj ET Q q 0 0 0 rg BT 527.96 240.05 Td (which ) Tj ET Q q 0 0 0 rg BT 546.99 240.05 Td (is ) Tj ET Q q 0 0 0 rg BT 553.57 240.05 Td (not ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 67.50 231.65 Td (included ) Tj ET Q q 0 0 0 rg BT 93.35 231.65 Td (in ) Tj ET Q q 0 0 0 rg BT 100.16 231.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 127.19 231.65 Td (EBITDA.) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.6 0.6 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 742.25 Td (Reconciliation of Historical Results to Gr) Tj ET Q q 0 0 0 rg BT 243.13 742.25 Td (oss Margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 724.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 111.64 724.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 128.12 724.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 143.71 724.25 Td (is ) Tj ET Q q 0 0 0 rg BT 153.19 724.25 Td (not ) Tj ET Q q 0 0 0 rg BT 168.77 724.25 Td (a ) Tj ET Q q 0 0 0 rg BT 176.02 724.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 222.69 724.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 259.37 724.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 295.50 724.25 Td (under ) Tj ET Q q 0 0 0 rg BT 321.07 724.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 347.93 724.25 Td ( ) Tj ET Q q 0 0 0 rg BT 350.73 724.25 Td (and ) Tj ET Q q 0 0 0 rg BT 367.98 724.25 Td (does ) Tj ET Q q 0 0 0 rg BT 389.12 724.25 Td (not ) Tj ET Q q 0 0 0 rg BT 404.70 724.25 Td (have ) Tj ET Q q 0 0 0 rg BT 426.39 724.25 Td (standardized ) Tj ET Q q 0 0 0 rg BT 479.73 724.25 Td (meanings ) Tj ET Q q 0 0 0 rg BT 520.86 724.25 Td (prescribed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 712.25 Td (by ) Tj ET Q q 0 0 0 rg BT 80.14 712.25 Td (GAAP; ) Tj ET Q q 0 0 0 rg BT 112.78 712.25 Td (accordingly) Tj ET Q q 0 0 0 rg BT 159.33 712.25 Td (, ) Tj ET Q q 0 0 0 rg BT 164.47 712.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 190.45 712.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 206.92 712.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 222.34 712.25 Td (may ) Tj ET Q q 0 0 0 rg BT 242.20 712.25 Td (not ) Tj ET Q q 0 0 0 rg BT 257.61 712.25 Td (be ) Tj ET Q q 0 0 0 rg BT 269.69 712.25 Td (comparable ) Tj ET Q q 0 0 0 rg BT 318.97 712.25 Td (to ) Tj ET Q q 0 0 0 rg BT 329.38 712.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 359.80 712.25 Td (measures ) Tj ET Q q 0 0 0 rg BT 399.64 712.25 Td (presented ) Tj ET Q q 0 0 0 rg BT 440.60 712.25 Td (by ) Tj ET Q q 0 0 0 rg BT 453.23 712.25 Td (other ) Tj ET Q q 0 0 0 rg BT 476.42 712.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 521.82 712.25 Td (or ) Tj ET Q q 0 0 0 rg BT 532.79 712.25 Td (issuers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.25 Td (Investors ) Tj ET Q q 0 0 0 rg BT 107.63 700.25 Td (are ) Tj ET Q q 0 0 0 rg BT 123.30 700.25 Td (cautioned ) Tj ET Q q 0 0 0 rg BT 165.64 700.25 Td (that ) Tj ET Q q 0 0 0 rg BT 184.10 700.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 210.90 700.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 227.38 700.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 243.63 700.25 Td (should ) Tj ET Q q 0 0 0 rg BT 273.76 700.25 Td (not ) Tj ET Q q 0 0 0 rg BT 290.01 700.25 Td (be ) Tj ET Q q 0 0 0 rg BT 302.92 700.25 Td (construed ) Tj ET Q q 0 0 0 rg BT 345.26 700.25 Td (as ) Tj ET Q q 0 0 0 rg BT 357.06 700.25 Td (an ) Tj ET Q q 0 0 0 rg BT 369.96 700.25 Td (alternative ) Tj ET Q q 0 0 0 rg BT 415.63 700.25 Td (to ) Tj ET Q q 0 0 0 rg BT 426.87 700.25 Td (net ) Tj ET Q q 0 0 0 rg BT 442.55 700.25 Td (income ) Tj ET Q q 0 0 0 rg BT 475.45 700.25 Td (or ) Tj ET Q q 0 0 0 rg BT 487.25 700.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 506.28 700.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 554.73 700.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 688.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 114.03 688.25 Td (with ) Tj ET Q q 0 0 0 rg BT 133.38 688.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 160.24 688.25 Td ( ) Tj ET Q q 0 0 0 rg BT 161.81 688.25 Td (as ) Tj ET Q q 0 0 0 rg BT 171.71 688.25 Td (an ) Tj ET Q q 0 0 0 rg BT 182.72 688.25 Td (indicator ) Tj ET Q q 0 0 0 rg BT 219.84 688.25 Td (of ) Tj ET Q q 0 0 0 rg BT 229.74 688.25 Td (the ) Tj ET Q q 0 0 0 rg BT 243.53 688.25 Td (Company) Tj ET Q q 0 0 0 rg BT 285.20 688.25 Td (s ) Tj ET Q q 0 0 0 rg BT 290.66 688.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 342.75 688.25 Td (or ) Tj ET Q q 0 0 0 rg BT 352.66 688.25 Td (to ) Tj ET Q q 0 0 0 rg BT 362.01 688.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 381.35 688.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 405.14 688.25 Td (from ) Tj ET Q q 0 0 0 rg BT 426.15 688.25 Td (operating, ) Tj ET Q q 0 0 0 rg BT 467.99 688.25 Td (investing, ) Tj ET Q q 0 0 0 rg BT 508.73 688.25 Td (and ) Tj ET Q q 0 0 0 rg BT 524.74 688.25 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 106.10 676.25 Td (as ) Tj ET Q q 0 0 0 rg BT 116.93 676.25 Td (a ) Tj ET Q q 0 0 0 rg BT 123.87 676.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 159.68 676.25 Td (of ) Tj ET Q q 0 0 0 rg BT 170.51 676.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 206.90 676.25 Td (and ) Tj ET Q q 0 0 0 rg BT 223.84 676.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 244.11 676.25 Td (flows. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 67.50 646.25 Td (The ) Tj ET Q q 0 0 0 rg BT 86.11 646.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 128.06 646.25 Td (results ) Tj ET Q q 0 0 0 rg BT 157.79 646.25 Td (for ) Tj ET Q q 0 0 0 rg BT 172.51 646.25 Td (any ) Tj ET Q q 0 0 0 rg BT 190.01 646.25 Td (period ) Tj ET Q q 0 0 0 rg BT 218.62 646.25 Td (should ) Tj ET Q q 0 0 0 rg BT 248.91 646.25 Td (not ) Tj ET Q q 0 0 0 rg BT 264.75 646.25 Td (be ) Tj ET Q q 0 0 0 rg BT 276.69 646.25 Td (relied ) Tj ET Q q 0 0 0 rg BT 302.51 646.25 Td (upon ) Tj ET Q q 0 0 0 rg BT 326.14 646.25 Td (as ) Tj ET Q q 0 0 0 rg BT 337.53 646.25 Td (an ) Tj ET Q q 0 0 0 rg BT 350.59 646.25 Td (indication ) Tj ET Q q 0 0 0 rg BT 394.77 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 405.60 646.25 Td (results ) Tj ET Q q 0 0 0 rg BT 435.33 646.25 Td (for ) Tj ET Q q 0 0 0 rg BT 450.05 646.25 Td (any ) Tj ET Q q 0 0 0 rg BT 467.55 646.25 Td (future ) Tj ET Q q 0 0 0 rg BT 495.61 646.25 Td (period.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 629.75 m 106.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 629.75 m 112.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 112.5 629.75 m 262.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 629.75 m 294.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 629.75 m 330.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 629.75 m 361.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 629.75 m 390.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 629.75 m 422.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 629.75 m 454.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 629.75 m 484.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 629.75 m 516.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 629.75 m 522.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 629.75 m 522.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 614.75 m 106.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 592.75 m 294.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 592.75 m 330.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 592.75 m 361.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 592.75 m 390.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 592.75 m 422.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 592.75 m 454.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 592.75 m 484.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 592.75 m 516.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 614.75 m 522.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 592.75 m 106.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 592.75 m 294.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 577.75 m 294.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 592.75 m 330.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 577.75 m 330.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 592.75 m 361.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 577.75 m 361.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 592.75 m 390.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 577.75 m 390.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 592.75 m 422.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 577.75 m 422.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 592.75 m 454.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 577.75 m 454.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 592.75 m 484.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 577.75 m 484.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 592.75 m 516.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 577.75 m 516.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 592.75 m 522.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 577.75 m 106.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 577.75 m 294.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 577.75 m 330.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 577.75 m 361.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 577.75 m 390.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 577.75 m 422.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 577.75 m 454.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 577.75 m 484.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 577.75 m 516.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 577.75 m 522.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 562.75 m 106.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 562.75 m 522.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 547.75 m 106.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 547.75 m 522.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 532.75 m 106.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 532.75 m 522.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 517.75 m 106.5 502.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 517.75 m 522.5 502.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 502.75 m 106.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 502.75 m 522.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 106.5 474.75 m 106.5 459.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 474.75 m 522.5 459.75 l s 0 0 0 RG /GS0 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/GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 395.75 m 330.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 395.75 m 361.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 395.75 m 390.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 395.75 m 422.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 395.75 m 454.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 395.75 m 484.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 395.75 m 516.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 410.75 m 522.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 395.75 m 522.5 395.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.45 606.15 Td (Q1 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.05 597.15 Td (2019) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 288.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.45 606.15 Td (Q4 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.05 597.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 324.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.45 606.15 Td (Q3 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.05 597.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 355.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 606.15 Td (Q2 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.05 597.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 384.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.45 606.15 Td (Q1 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.05 597.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 416.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.45 606.15 Td (Q4 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.05 597.15 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 448.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.45 606.15 Td (Q3 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.05 597.15 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 478.05 601.23 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.45 606.15 Td (Q2 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.05 597.15 Td (2017) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 510.05 601.23 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.65 581.98 Td (\($000\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.65 581.98 Td (\($000\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 567.00 Td (Income \(loss\) before income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 227.00 566.70 Td (................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 279.30 567.00 Td (681) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 302.60 567.00 Td (\(24,568) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 327.30 567.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.60 567.00 Td (\(5,763) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 358.30 567.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 365.30 567.00 Td (13,560) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 567.00 Td (1) Tj ET Q q 0 0 0 rg BT 401.30 567.00 Td (1,514) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 426.60 567.00 Td (\(22,020) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 451.30 567.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.30 567.00 Td (10,464) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.30 567.00 Td (7,794) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 552.00 Td (Interest expense, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 181.00 551.70 Td (.......................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 269.30 552.00 Td (1) Tj ET Q q 0 0 0 rg BT 273.30 552.00 Td (1,282) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.30 552.00 Td (13,193) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 336.30 552.00 Td (1) Tj ET Q q 0 0 0 rg BT 340.30 552.00 Td (1,266) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 365.30 552.00 Td (12,138) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 552.00 Td (1) Tj ET Q q 0 0 0 rg BT 401.30 552.00 Td (1,387) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.30 552.00 Td (4,360) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 552.00 Td (4,682) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.30 552.00 Td (4,639) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 537.00 Td (Amortization) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 157.66 540.63 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 161.00 536.70 Td (.................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 273.30 537.00 Td (5,385) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.30 537.00 Td (6,252) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 340.30 537.00 Td (6,122) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 369.30 537.00 Td (5,892) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 537.00 Td (5,908) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.30 537.00 Td (5,062) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 537.00 Td (4,619) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.30 537.00 Td (4,059) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 522.00 Td (Amortization of acquired and library content) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 273.30 522.00 Td (3,574) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.30 522.00 Td (3,770) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 340.30 522.00 Td (4,456) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 369.30 522.00 Td (3,791) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 522.00 Td (3,899) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.30 522.00 Td (2,359) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 522.00 Td (2,355) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.30 522.00 Td (2,526) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 507.00 Td (Selling, general, and administrative) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 229.00 506.70 Td (...............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 269.30 507.00 Td (19,187) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.30 507.00 Td (23,156) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 336.30 507.00 Td (22,501) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 365.30 507.00 Td (20,717) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 507.00 Td (19,826) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.30 507.00 Td (18,030) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.30 507.00 Td (18,820) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 507.00 Td (19,640) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 494.70 Td (Other finance costs, changes in fair value ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 486.70 Td (embedded of derivative, and foreign ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 478.70 Td (exchange) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 147.00 478.70 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 279.30 479.00 Td (757) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.30 479.00 Td (8,349) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 340.30 479.00 Td (6,948) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 366.60 479.00 Td (\(5,575) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.30 479.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.60 479.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 401.26 479.00 Td (1,148) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.30 479.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.30 479.00 Td (22,046) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 479.00 Td (\(1,130) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 479.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.30 479.00 Td (2,067) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 464.00 Td (Acquisition costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 171.00 463.70 Td (............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 283.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 319.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 350.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.30 464.00 Td (9,695) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 473.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 505.30 464.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 451.70 Td (W) Tj ET Q q 0 0 0 rg BT 122.23 451.70 Td (rite-down of certain investment in film ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 443.70 Td (and television) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 161.00 443.70 Td (.................................................) 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