Iroo re hoIdiogs Liited l0|

l|ur 0|e |ulJirs |iaiteJ ,l0| is or i|ur u|e erulu|otiur

cuauor] ucuseJ ur t|e erulu|otiur orJ Je.eluuaert u o
uu|tuliu u u|ujects wit|ir its Cert|ol orJ weste|r |iluo|o
|eiur, weste|r /ust|olio.
C|oi|aor R| Cuu|t
CE0lM0 / Vu|ste|
Sec|eto|] S| Ruue|tsur
/uJitu| 0eluitte Tuuc|e Tu|aotsu
Teleu|ure. -1 c 9+c3 Z000
weusite. www.i|uru|e|ulJirs.cua
/JJ|ess. 1 /lturo St
west |e|t| w/ 005
Reist|] weusite. www.secu|it]t|orse|.cua.ou
8trategy AoaIysis os ot Z+.01.Z01Z
/s ot 15 0ctuue| Z010, t|e cu||ert tutol l0| J0RC Resuu|ce
ir.ertu|] storJs ot 593.3Mt, |o.ir irc|eoseJ c00 ir
Buro|uu Suut| Eoste|r /|eo |ua 1+.cMt tu 1++.+Mt.
0ioaurJ J|illir curtirues ur site ot Eoste|r /|eo. wit| t|e
ouuuirtaert u rew CE0 /lw]r Vu|ste|, l0| will ue ucuseJ
ur t|e successul t|orsitiur |ua t|e Je.eluuaert orJ
erulu|otiur stoes irtu t|e osset cuaae|ciolisotiur stoe
FioaociaI Fositioo
011 SMil 01Z SMil
Cos| +Z 110
lr.ertu|ies 0 0
Recei.oules 1 +
Cu||ert /ssets +3 11+
|ireJ /ssets 1 1
lrtoriules 0 0
Tutol /ssets +/ 11/
|o]oules 3 5
S|u|tTe|a 0eut 0 0
Cu||ert |iouilities 3 11
|urTe|a 0eut 0 0
Tutol |iouilities 3 11
Tutol Euit] ++ 10
6ooseosus uut u 1 orol]sts
Cu||ert Z013E Z01+E
||icelEo|rirs - - -
0i.iJerJ YielJ - - -
E|S,S 0.1c 0.1Z 0.13
0|S,S 0 0 0
Mkt 6ap MiI Iovesteot 8tyIe Last Frice 8hares Issued I68 Iodustry roup
S1Z

0./c 11.1/ Mote|iols
- - 3.15 Z./3 1.0 .9+ 1.c3 Z./1 Z.++ 1./3 /rruol ||ice |i|
- - .Z0 ./5 .39 .10 .1Z 1.Z .c5 ./Z |uw
1.9
1.3
0.
0oil] Cluse
S8|l/SX /ll 0|Js
Sectu| /.e|oe
5Z w| |i|l|uw
1./Zl0./Z
11.c
5.9
T|oJir Vuluae ,Mil
1Z0+ 005 00 00/ 00c 009 010 011 01Z 1Z1Z FerIoraoce
- 0.00 19c./ +.10 11./+ ZZ.+0 /+.3c /.++ 31.5+ +3.Zc Tutol Retu|r
- 0.00 1/+.55 /.+0 Z3.c ++.5+ 0.1 19.0 Z+.5Z - -l Mo||et
1Z0+ 005 00 00/ 00c 009 010 011 01Z Cu||ert aIuatioo
0.00 1+5.Zc Z+.+/ 1/.+ 1.cc 1+.0+ 9.0 c./+ 5.01 - ||icelEo|rirs
1.Z 15.1 1.11 1c.c3 1Z.Zc 1Z.11 13.0 13./3 1Z.99 13.99 Mo||et |lE
- - - - - - - - - - ||icelSoles
0.00 5.0Z 1c.Z 10.11 3.Z9 5.+/ 10.3 +.c/ 1.3 1.19 ||icelBuu|
0.00 Z0Z.+/ 3Z.35 Z+.ZZ 3Z.10 1/.Z9 1+.Z5 1+.c/ /./9 .9c ||icelCos| |luw
0 Z/ c1 + /c 95 19+ Z1 1++ 1Z Mo||et Cou SMil
- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0i.iJerJ YielJ
1Z0+ 005 00 00/ 00c 009 010 011 01Z FioaociaIs
0 0 0 0 0 0 0 0 0 - 0ue|otir Re.erue SMil
- - - - - - - - - - EBlT0/ Mo|ir
0 0 + 3 + c Z0 ZZ Z/ - EBlT SMil
- - - - - - - - - - EBlT Mo|ir
0 0 3 3 3 / 19 Z1 Z9 - l|/T Beu|e /us SMil
0 0 3 3 3 / 19 Z1 / - Reuu|teJ let ||uit SMil
0.0Z 0.50 +.+ 3.3/ 3.90 5./3 15.+9 1+.cc 1/./5 - Eo|rirs |e| S|o|e (
0 /0 /0 /Z c1 11 1Z3 1+0 15 - S|o|es Mil
0.00 0.0/ 0.0 0.0 0.Z0 0.15 0.1+ 0.Z/ 0. - Buu| Volue |e| S|o|e S
0 0 Z Z Z 13 Z0 1c - 0ue| Cos| |luw SMil
0 0 0 0 0 1 1 0 1 - Cou SuerJir SMil
0 0 3 Z 1c 9 1Z 1 1+ - ||ee Cos| |luw SMil
1Z0+ 005 00 00/ 00c 009 010 011 01Z FroIitabiIity
1/.1+ 13.+Z /+.3/ 5Z.c+ 13.+5 3.91 c5.15 ++.3+ Z5.0Z - Retu|r ur /ssets
- .c5 /5./Z 55.9 13.+ 3c.c9 103.+c +/.0+ Z/./0 - Retu|r ur Euit]
- - - - - - - - - - let Mo|ir
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - /sset Tu|ru.e|
5c3.++ 10Z.09 101.c1 105.39 101.+1 105.3c 1Z1.5Z 10.09 110.9 - |irorciol |e.e|oe
1Z0+ 005 00 00/ 00c 009 010 011 01Z FioaociaI heaIth
0 0 0 0 15 1 3 Z / - wu||ir Couitol SMil
0 0 0 0 0 0 0 0 0 - |urTe|a 0eut SMil
0 5 + 5 Z+ 1/ 19 ++ 10 - Tutol Euit] SMil
/5.1/ 9c.+/ 9c.50 ++.55 Z+.10 c3.39 9Z.c5 9+./5 103./c - let 0eutlEuit]
key ates
|iscol Yeo| ErJ 30 Jur Z01Z |istir 0ote 10 Mo] Z005
/CM 1+ lu. Z01Z 0Rl| lure
ivideod history
0i.iJerJ Er 0ote - -
0i.iJerJ |o] 0ote - -
0|S ( - -
||or|ir - -
Iodustry peers by Market 6ap
M|t Cou SMil Re. SMil |lE R0E
/||iua |iaiteJ 1Z1.3/ /+55 +.3 .Z1
lrJeuerJerce C|uu... 113c.c Z0/ 1Z.Zc 13.5
Muurt Ciusur l|ur |... c//.9Z 3/ 5.0 13.5
Major 8harehoIders lu. u s|o|es (Mil[
w|uru] |t] |tJ c5
Iovesteot etaiI ||irt 0ote. Z01ZZ01Z |oe 1 u Z
Reu|eserts irorciol ]eo| tu Jote t|e Jo] ote| lost irorciol ]eo| tu o Jo] ueu|e uuulicotiur Jote.
Z01Z Mu|rirsto|, lrc. /ll |i|ts |ese|.eJ. T|e Joto orJ curtert curtoireJ |e|eir o|e rut uo|orteeJ tu ue occu|ote, cuaulete u| tiael]. leit|e| Mu|rirsto|, ru| its oiliotes ru| t|ei| curtert u|u.iJe|s will |o.e or] liouilit] u| use u|
Jist|iuutiur u or] u t|is iru|aotiur. Tu t|e ertert t|ot or] u t|e curtert ouu.e curstitutes oJ.ice, it is ere|ol oJ.ice t|ot |os ueer u|euo|eJ u] Mu|rirsto| /ust|olosio |t] |tJ /Bl. 95 090 5 5++, /|S|. Z+0c9Z ,o suusiJio|] u Mu|rirsto|,
lrc., wit|uut |ee|erce tu ]uu| uujecti.es, irorciol situotiur u| reeJs. Beu|e octir ur or] oJ.ice, ]uu s|uulJ cursiJe| t|e ouu|uu|ioteress u t|e oJ.ice orJ we |ecuaaerJ ]uu uutoir irorciol, leol orJ torotiur oJ.ice ueu|e ao|ir or]
irorciol ir.estaert Jecisiur. l ouulicoule ir.estu|s s|uulJ uutoir t|e |ele.ort u|uJuct Jisclusu|e stoteaert orJ cursiJe| it ueu|e ao|ir or] Jecisiur tu ir.est. Suae aote|iol is cuu]|i|t orJ uuulis|eJ urJe| licerce |ua /SX 0ue|otiurs |t]
|iaiteJ /Cl 00+ 5Z3 /cZ ,'/SX0'. 0lSC|0SuRE. Eaulu]ees ao] |o.e or irte|est ir t|e secu|ities JiscusseJ ir t|is |euu|t. |leose |ee| tu uu| |irorciol Se|.ices CuiJe ,|SC u| au|e iru|aotiur ot www.au|rirsto|.cua.oulsls.uJ.

Iovesteot etaiI iscIosure

6urreocy
/ll iu|es u| stuc|s listeJ ur /ust|olior Stuc| Erc|ore
o|e ir /ust|olior Jullo|s orJ oll iu|es u| stuc|s listeJ ur
lew ZeolorJ Stuc| Erc|ore o|e ir lew ZeolorJ Jullo|s.
usioess escriptioo
/ u|ie Jesc|iutiur u t|e cuauor]'s uue|otiurs orJ
octi.ities. T|is iru|aotiur is uuJoteJ e.e|] sir aurt|s u|
ur t|e |eleose u iauu|tort iru|aotiur ouuut t|e cuauor].
Market 6apitaIitatioo $ iI
T|e ao||et .olue u t|e cuauor]'s euit] couitol. T|is is
colculoteJ u] aultiul]ir t|e ruaue| u cuaaur s|o|es u]
t|e cu||ert u|ice. 0t|e| closses u euit] suc| os
u|ee|erce s|o|es o|e ru|aoll] rut ircluJeJ, erceut ir
ce|toir coses w|e|e t|e s|o|es o|e 'uosiu|Jiro|]'. T|e
aust u|uairert eroaule u t|is is lews Cu|uu|otiur
,lwS, w|e|e we Ju ircluJe t|ei| u|ee||eJ liaiteJ .utir
u|Jiro|] s|o|es ir uu| colculotiur u ao||et .olue.
8tyIe
T|e Mu|rirsto| St]le cursists u rire coteu|ies t|ot
u|u.iJe or u.e|.iew u t|e ir.estaert st|ote]. T|e st]le is
cuau|iseJ u o cuauirotiur u ao||et couitoli/otiur u t|e
secu|it] orJ t|e ir.estaert st]le ,.olue, ulerJ, u| |uwt|.
Last Frice
Stuc| u|ice s|uwr |eu|eserts t|e ao||et u|ice u t|e stuc|
os u t|e aust |ecert cluse u t|oJir os ot t|e |eleose Jote
ruteJ ot t|e tuu u t|e ir.estaert Jetoil uoe.
8hares Issued
Cu||ert ruaue| u u|Jiro|] s|o|es listeJ ur t|e
/ust|oliorllew ZeolorJ Stuc| Erc|ore.
8ector
BoseJ ur StorJo|J 8 |uu|'s Cluuol lrJust|] Clossiicotiur.
/ll cuauories listeJ ur t|e /ust|oliorllew ZeolorJ Stuc|
Erc|ore o|e |uuueJ irtu ure u Z+ irJust|] sectu|s. T|is
clossiicotiur is useJ tu cuauute sectu| o.e|oes orJ
irJust|] uee|s.
FerIoraoce
Tutol Retu|r |eu|eserts s|o|e|ulJe|s' oirs |ua o stuc|
u.e| o i.er ue|iuJ u tiae ,YT0, ure aurt|, t||ee aurt|,
ure, t||ee, orJ i.e ]eo|. Tutol |etu|r ircluJes uut|
couitol oirs orJ lusses orJ Ji.iJerJ uo]aerts. lt is
colculoteJ u] to|ir t|e c|ore ir t|e stuc|'s u|ice os u
t|e cluse u t|oJir u t|e |esuecti.e ue|iuJ, ossuair t|e
|eir.estaert u oll Ji.iJerJs, t|er Ji.iJir u] t|e iritiol
stuc| u|ice, orJ eru|essir t|e |esult os o ue|certoe.
Retu|rs u| ue|iuJs lure| t|or ure ]eo| o|e orruoli/eJ.
Retu|rs Ju rut ircluJe u|u|e|oe cuaaissiur u| t|e eects
u torotiur.
8trategy AoaIysis
Mu|rirsto| /rol]sts' .iew u t|e cuauor]'s st|ote]
uoseJ ur t|e lotest irorciol |euu|t.
FioaociaIs
Re.erue orJ Mo|ir lire iteas will JeuerJ ur t|e t]ue u
cuauor] selecteJ - i.e. lrJust|iol, Bor|, lrsu|orce,
||uue|t] u| |isteJ lr.estaert Cuauor]. let ||uit SMil
|eu|eserts ret uue|otir u|uit ote| tor, airu|ities,
u|ee|erce Ji.iJerJs, siriicort, orJ rur|ecu||ir iteas
,l|/T. Eo|rirs |e| S|o|e S is l|/T Ji.iJeJ u] t|e
wei|teJ o.e|oe ruaue| u u|Jiro|] s|o|es ur issue
Ju|ir t|e ]eo|. Buu| Volue |e| S|o|e S is o cuauor]'s
cuaaur stuc| euit] os it ouueo|s ur o uolorce s|eet
Ji.iJeJ u] t|e ruaue| u s|o|es uutstorJir. 0ue| Cos|
|luw SMil is ret cos| luw ote| uo]ir suuulie|s,
eaulu]ees, irte|est eruerse orJ tor uoiJ |ua |eceiuts
|ua custuae|s, Ji.iJerJs orJ irte|est |ecei.eJ. Cou
SuerJir S Mil is aure] suert tu ocui|e u| uu|oJe
u|]sicol ossets suc| os uuilJirs orJ aoc|ire|]. ||ee Cos|
|luw SMil is t|e oauurt u cos| t|ot o cuauor] |os let
u.e| ote| it |os uoiJ oll u its eruerses, ircluJir
ir.estaerts ,0ue| Cos| |luw airus Cou SuerJir orJ
Ji.iJerJs.
Avg oo. oI 8hares
T|e wei|teJ o.e|oe ruaue| u u|Jiro|] s|o|es Ju|ir t|e
irorciol ]eo|. T|is iu|e is useJ tu colculote uosic
eo|rirs ue| s|o|es ,E|S.
FroIitabiIity
Retu|r ur /ssets ,R0/ is t|e ue|certoe o cuauor]
eo|rs ur its ossets ir o i.er ]eo|. lt is aeosu|eJ u]
Ji.iJir l|/T ueu|e ouru|aols u] tutol ossets. Retu|r ur
Euit] ,R0E is t|e ue|certoe o cuauor] eo|rs ur its
tutol euit] ir o i.er ]eo|. T|e colculotiur is l|/T ueu|e
ouru|aols Ji.iJeJ u] s|o|e|ulJe| euit]. let Mo|ir is
/ aeosu|e u u|uitouilit] orJ is euol tu l|/T Ji.iJeJ u]
|e.erues |ua t|e soae ue|iuJ. /sset Tu|ru.e| |eu|eserts
|uw aor] Jullo|s ir |e.erue o cuauor] |os ere|oteJ ue|
eoc| Jullo| u ossets. lt is colculoteJ u] Ji.iJir tutol
|e.erues u| t|e ue|iuJ u] tutol ossets u| t|e soae ue|iuJ.
|irorciol le.e|oe is colculoteJ u] Ji.iJir tutol ossets u]
tutol s|o|e|ulJe|s' euit].
FioaociaI Fositioo
Curtoirs o suaao|] u t|e lotest uolorce s|eet.
FioaociaI heaIth
wu||ir Couitol SMil is cu||ert ossets airus cu||ert
liouilities. wu||ir couitol aeosu|es |uw auc| ir liuiJ
ossets o cuauor] |os o.oiloule tu uuilJ its uusiress.
|urTe|a 0eut SMil ircluJes luors orJ uuliotiurs wit| o
aotu|it] u lure| t|or ure ]eo|, usuoll] occuauorieJ u]
irte|est uo]aerts. Tutol Euit] SMil is uwre|s|iu irte|est
ir o cu|uu|otiur ir t|e u|a u cuaaur stuc| u| u|ee||eJ
stuc|. lt olsu |ee|s tu tutol ossets airus tutol liouilities, ir
w|ic| cose it is olsu |ee||eJ tu os s|o|e|ulJe|'s euit] u|
ret wu|t| u| uuu| .olue. 0eutleuit] |otiu is euol tu
s|u|tte|a orJ lurte|a Jeut airus cos| Ji.iJeJ u]
cuaaur s|o|e|ulJe|s' euit].
aIuatioo
||icelEo|rirs ,|E is t|e cu||ert u|ice Ji.iJeJ u] t|e
cuauor]'s t|oilir 1Zaurt| eo|rirs ue| s|o|e. ||icelBuu|
,|B is t|e aust |ecert stuc| u|ice Ji.iJeJ u] t|e aust
|ecert uuu| .olue ue| s|o|e. ||icelSoles ,|S is t|e cu||ert
u|ice Ji.iJeJ u] t|e cuauor]'s soles ue| s|o|e u.e| t|e
t|oilir 1Z aurt|s. ||icelCos| |luw ,|C is t|e aust |ecert
u|ice Ji.iJeJ u] t|e cos| luw ue| s|o|e u t|e lotest iscol
]eo|.
key ates
|iscol Yeo| ErJ is t|e Jote ir w|ic| t|e cuauor] cluses its
uuu|s u| t|e u|e.iuus 1Zaurt| ue|iuJ u.e| w|ic| o
cuauor] uuJets its suerJir. /CM is t|e orruol cuauor]
ot|e|ir, usuoll] |elJ ot t|e erJ u eoc| iscol ]eo|, ot
w|ic| t|e u|e.iuus ]eo| orJ t|e uutluu| u| t|e utu|e o|e
JiscusseJ orJ Ji|ectu|s o|e electeJ u] cuaaur
s|o|e|ulJe|s. |istir 0ote Jeires t|e Jote t|e cuauories
s|o|e u|ice wos i|st uuteJ ur t|e stuc| erc|ore. 0R| is
t|e Ji.iJerJ |eir.estaert ulor ue|eJ u] suae
cu|uu|otiurs eroulir s|o|e|ulJe|s tu outuaoticoll]
|eir.est cos| Ji.iJerJs orJ couitol oirs Jist|iuutiurs,
t|e|eu] occuaulotir au|e stuc| wit|uut uo]ir u|u|e|oe
cuaaissiurs.
Iodustry Feers by Market 6ap
T|is ircluJes |e] stots ur t||ee u t|e cuauor]'s uee|s
t|ot uue|ote ir t|e soae irJust|] orJ |o.e siailo| ao||et
couitoli/otiur.
6ooseosus
Cu||ert,lotest octuol ||icelEo|rirs, 0i.iJerJ YielJ, E|S
orJ 0|S o|e u|u.iJeJ u| |ee|erce. |u|ecosts o|e irJicoteJ
u] 'E' orJ o|e o.oiloule u| u|wo|J ]eo|s url]. But| octuol
orJ u|ecost E|S o|e u|eserteJ ur o u|euuJwill
oau|ti/otiur uosis.
ivideod history
0i.iJerJ Er0ote is t|e i|st Jo] u t|e erJi.iJerJ ue|iuJ.
l or ir.estu| Jues rut uwr t|e stuc| ueu|e t|e erJote, |e
u| s|e will ue ireliiule u| t|e Ji.iJerJ uo]uut. 0i.iJerJ
|o] 0ote is t|e Jote ur w|ic| t|e Ji.iJerJ will octuoll] ue
uoiJ tu s|o|e|ulJe|s. 0|S ( is Tutol Ji.iJerJ u| t|e ]eo|,
Ji.iJeJ u] t|e ruaue| u s|o|es |or|eJ u| Ji.iJerJ.
||or|ir s|uws t|e ue|certoe u t|e Ji.iJerJ w|ic|
curtoirs o Ji.iJerJ iauutotiur c|eJit.
Major 8harehoIders
T|e 3 lo|est s|o|e|ulJe|s ,irJi.iJuols u| cuauories orJ
t|e ruaue| u .utir s|o|es t|e] o|e ertitleJ tu.
Iovesteot etaiI ||irt 0ote. Z0 0ec Z01Z |oe Z u Z
Z01Z Mu|rirsto|, lrc. /ll |i|ts |ese|.eJ. T|e Joto orJ curtert curtoireJ |e|eir o|e rut uo|orteeJ tu ue occu|ote, cuaulete u| tiael]. leit|e| Mu|rirsto|, ru| its oiliotes ru| t|ei| curtert u|u.iJe|s will |o.e or] liouilit] u| use u|
Jist|iuutiur u or] u t|is iru|aotiur. Tu t|e ertert t|ot or] u t|e curtert ouu.e curstitutes oJ.ice, it is ere|ol oJ.ice t|ot |os ueer u|euo|eJ u] Mu|rirsto| /ust|olosio |t] |tJ /Bl. 95 090 5 5++, /|S|. Z+0c9Z ,o suusiJio|] u Mu|rirsto|,
lrc., wit|uut |ee|erce tu ]uu| uujecti.es, irorciol situotiur u| reeJs. Beu|e octir ur or] oJ.ice, ]uu s|uulJ cursiJe| t|e ouu|uu|ioteress u t|e oJ.ice orJ we |ecuaaerJ ]uu uutoir irorciol, leol orJ torotiur oJ.ice ueu|e ao|ir or]
irorciol ir.estaert Jecisiur. l ouulicoule ir.estu|s s|uulJ uutoir t|e |ele.ort u|uJuct Jisclusu|e stoteaert orJ cursiJe| it ueu|e ao|ir or] Jecisiur tu ir.est. Suae aote|iol is cuu]|i|t orJ uuulis|eJ urJe| licerce |ua /SX 0ue|otiurs |t]
|iaiteJ /Cl 00+ 5Z3 /cZ ,'/SX0'. 0lSC|0SuRE. Eaulu]ees ao] |o.e or irte|est ir t|e secu|ities JiscusseJ ir t|is |euu|t. |leose |ee| tu uu| |irorciol Se|.ices CuiJe ,|SC u| au|e iru|aotiur ot www.au|rirsto|.cua.oulsls.uJ.