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(there ) Tj ET Q q 0 0 0 rg BT 387.44 554.60 Td (can ) Tj ET Q q 0 0 0 rg BT 404.36 554.60 Td (be ) Tj ET Q q 0 0 0 rg BT 416.83 554.60 Td (no ) Tj ET Q q 0 0 0 rg BT 429.87 554.60 Td (assurance ) Tj ET Q q 0 0 0 rg BT 471.78 554.60 Td (that ) Tj ET Q q 0 0 0 rg BT 489.81 554.60 Td (the ) Tj ET Q q 0 0 0 rg BT 505.06 554.60 Td (expectation ) Tj ET Q q 0 0 0 rg BT 554.19 554.60 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.60 Td (belief ) Tj ET Q q 0 0 0 rg BT 74.82 542.60 Td (will ) Tj ET Q q 0 0 0 rg BT 92.93 542.60 Td (result ) Tj ET Q q 0 0 0 rg BT 117.70 542.60 Td (or ) Tj ET Q q 0 0 0 rg BT 128.58 542.60 Td (be ) Tj ET Q q 0 0 0 rg BT 140.57 542.60 Td (achieved ) Tj ET Q q 0 0 0 rg BT 178.65 542.60 Td (or ) Tj ET Q q 0 0 0 rg BT 189.54 542.60 Td (accomplished. ) Tj ET Q q 0 0 0 rg BT 249.57 542.60 Td (In ) Tj ET Q q 0 0 0 rg BT 260.45 542.60 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 304.66 542.60 Td (these ) Tj ET Q q 0 0 0 rg BT 327.76 542.60 Td (statements, ) Tj ET Q q 0 0 0 rg BT 375.02 542.60 Td (you ) Tj ET Q q 0 0 0 rg BT 392.57 542.60 Td (should ) Tj ET Q q 0 0 0 rg BT 421.80 542.60 Td (consider ) Tj ET Q q 0 0 0 rg BT 458.23 542.60 Td (the ) Tj ET Q q 0 0 0 rg BT 473.00 542.60 Td (risks ) Tj ET Q q 0 0 0 rg BT 494.44 542.60 Td (and ) Tj ET Q q 0 0 0 rg BT 511.43 542.60 Td (uncertainties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.46 530.60 Td (the ) Tj ET Q q 0 0 0 rg BT 73.85 530.60 Td (following ) Tj ET Q q 0 0 0 rg BT 114.91 530.60 Td (list, ) Tj ET Q q 0 0 0 rg BT 131.82 530.60 Td (and ) Tj ET Q q 0 0 0 rg BT 148.43 530.60 Td (those ) Tj ET Q q 0 0 0 rg BT 171.72 530.60 Td (described ) Tj ET Q q 0 0 0 rg BT 212.21 530.60 Td (herein, ) Tj ET Q q 0 0 0 rg BT 241.87 530.60 Td (as ) Tj ET Q q 0 0 0 rg BT 252.38 530.60 Td (some ) Tj ET Q q 0 0 0 rg BT 275.66 530.60 Td (but ) Tj ET Q q 0 0 0 rg BT 290.62 530.60 Td (not ) Tj ET Q q 0 0 0 rg BT 305.57 530.60 Td (all ) Tj ET Q q 0 0 0 rg BT 317.74 530.60 Td (of ) Tj ET Q q 0 0 0 rg BT 328.25 530.60 Td (the ) Tj ET Q q 0 0 0 rg BT 342.64 530.60 Td (factors ) Tj ET Q q 0 0 0 rg BT 372.03 530.60 Td (that ) Tj ET Q q 0 0 0 rg BT 389.20 530.60 Td (could ) Tj ET Q q 0 0 0 rg BT 413.59 530.60 Td (cause ) Tj ET Q q 0 0 0 rg BT 437.98 530.60 Td (actual ) Tj ET Q q 0 0 0 rg BT 464.03 530.60 Td (results ) Tj ET Q q 0 0 0 rg BT 492.31 530.60 Td (or ) Tj ET Q q 0 0 0 rg BT 502.82 530.60 Td (events ) Tj ET Q q 0 0 0 rg BT 530.54 530.60 Td (to ) Tj ET Q q 0 0 0 rg BT 540.50 530.60 Td (dif) Tj ET Q q 0 0 0 rg BT 551.42 530.60 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 518.60 Td (materially ) Tj ET Q q 0 0 0 rg BT 92.54 518.60 Td (from ) Tj ET Q q 0 0 0 rg BT 114.48 518.60 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 160.84 518.60 Td (results ) Tj ET Q q 0 0 0 rg BT 189.45 518.60 Td (or ) Tj ET Q q 0 0 0 rg BT 200.28 518.60 Td (events:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 494.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 494.60 Td (economic ) Tj ET Q q 0 0 0 rg BT 126.87 494.60 Td (and ) Tj ET Q q 0 0 0 rg BT 143.81 494.60 Td (business ) Tj ET Q q 0 0 0 rg BT 180.20 494.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 224.37 494.60 Td (and ) Tj ET Q q 0 0 0 rg BT 241.31 494.60 Td (industry ) Tj ET Q q 0 0 0 rg BT 276.58 494.60 Td (trends ) Tj ET Q q 0 0 0 rg BT 303.52 494.60 Td (in ) Tj ET Q q 0 0 0 rg BT 313.80 494.60 Td (the ) Tj ET Q q 0 0 0 rg BT 328.52 494.60 Td (Netherlands;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 472.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 472.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.40 472.60 Td (competitive ) Tj ET Q q 0 0 0 rg BT 150.28 472.60 Td (environment ) Tj ET Q q 0 0 0 rg BT 203.50 472.60 Td (in ) Tj ET Q q 0 0 0 rg BT 213.96 472.60 Td (the ) Tj ET Q q 0 0 0 rg BT 228.86 472.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 279.85 472.60 Td (for ) Tj ET Q q 0 0 0 rg BT 294.19 472.60 Td (both ) Tj ET Q q 0 0 0 rg BT 314.65 472.60 Td (the ) Tj ET Q q 0 0 0 rg BT 329.55 472.60 Td (fixed ) Tj ET Q q 0 0 0 rg BT 352.78 472.60 Td (and ) Tj ET Q q 0 0 0 rg BT 369.89 472.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 400.35 472.60 Td (markets, ) Tj ET Q q 0 0 0 rg BT 437.18 472.60 Td (including ) Tj ET Q q 0 0 0 rg BT 477.63 472.60 Td (competitor ) Tj ET Q q 0 0 0 rg BT 523.63 472.60 Td (responses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 460.60 Td (to ) Tj ET Q q 0 0 0 rg BT 95.78 460.60 Td (our ) Tj ET Q q 0 0 0 rg BT 111.61 460.60 Td (products ) Tj ET Q q 0 0 0 rg BT 148.55 460.60 Td (and ) Tj ET Q q 0 0 0 rg BT 165.49 460.60 Td (services ) Tj ET Q q 0 0 0 rg BT 200.19 460.60 Td (for ) Tj ET Q q 0 0 0 rg BT 214.35 460.60 Td (our ) Tj ET Q q 0 0 0 rg BT 230.18 460.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 274.33 460.60 Td (and ) Tj ET Q q 0 0 0 rg BT 291.27 460.60 Td (business ) Tj ET Q q 0 0 0 rg BT 327.66 460.60 Td (customers; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 438.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 438.60 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 135.21 438.60 Td (in ) Tj ET Q q 0 0 0 rg BT 145.49 438.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 182.97 438.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 223.22 438.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 244.60 438.60 Td (and ) Tj ET Q q 0 0 0 rg BT 261.54 438.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 293.47 438.60 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 416.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 416.60 Td (instability ) Tj ET Q q 0 0 0 rg BT 128.00 416.60 Td (in ) Tj ET Q q 0 0 0 rg BT 138.28 416.60 Td (global ) Tj ET Q q 0 0 0 rg BT 165.77 416.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 203.25 416.60 Td (markets, ) Tj ET Q q 0 0 0 rg BT 239.91 416.60 Td (including ) Tj ET Q q 0 0 0 rg BT 280.18 416.60 Td (sovereign ) Tj ET Q q 0 0 0 rg BT 321.56 416.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 341.28 416.60 Td (issues ) Tj ET Q q 0 0 0 rg BT 367.67 416.60 Td (and ) Tj ET Q q 0 0 0 rg BT 384.61 416.60 Td (related ) Tj ET Q q 0 0 0 rg BT 414.31 416.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 438.46 416.60 Td (reforms;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 394.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 394.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 126.88 394.60 Td (disposable ) Tj ET Q q 0 0 0 rg BT 171.59 394.60 Td (income ) Tj ET Q q 0 0 0 rg BT 203.53 394.60 Td (and ) Tj ET Q q 0 0 0 rg BT 220.47 394.60 Td (spending ) Tj ET Q q 0 0 0 rg BT 259.07 394.60 Td (levels, ) Tj ET Q q 0 0 0 rg BT 287.40 394.60 Td (including ) Tj ET Q q 0 0 0 rg BT 327.67 394.60 Td (the ) Tj ET Q q 0 0 0 rg BT 342.39 394.60 Td (availability ) Tj ET Q q 0 0 0 rg BT 389.88 394.60 Td (and ) Tj ET Q q 0 0 0 rg BT 406.81 394.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 439.31 394.60 Td (of ) Tj ET Q q 0 0 0 rg BT 450.14 394.60 Td (individual ) Tj ET Q q 0 0 0 rg BT 493.19 394.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 534.57 394.60 Td (debt; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 372.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 372.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.21 372.60 Td (in ) Tj ET Q q 0 0 0 rg BT 130.49 372.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 171.86 372.60 Td (television ) Tj ET Q q 0 0 0 rg BT 213.24 372.60 Td (viewing ) Tj ET Q q 0 0 0 rg BT 247.96 372.60 Td (preferences ) Tj ET Q q 0 0 0 rg BT 296.54 372.60 Td (and ) Tj ET Q q 0 0 0 rg BT 313.47 372.60 Td (habits; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 350.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 350.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.21 350.60 Td (in ) Tj ET Q q 0 0 0 rg BT 130.49 350.60 Td (consumer ) Tj ET Q q 0 0 0 rg BT 171.86 350.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 202.14 350.60 Td (usage ) Tj ET Q q 0 0 0 rg BT 227.40 350.60 Td (behavior; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 328.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 328.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 125.91 328.60 Td (acceptance ) Tj ET Q q 0 0 0 rg BT 173.50 328.60 Td (of ) Tj ET Q q 0 0 0 rg BT 185.58 328.60 Td (our ) Tj ET Q q 0 0 0 rg BT 202.66 328.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 238.08 328.60 Td (service ) Tj ET Q q 0 0 0 rg BT 270.14 328.60 Td (of) Tj ET Q q 0 0 0 rg BT 278.29 328.60 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 312.31 328.60 Td (including ) Tj ET Q q 0 0 0 rg BT 353.83 328.60 Td (our ) Tj ET Q q 0 0 0 rg BT 370.92 328.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 395.76 328.60 Td (television, ) Tj ET Q q 0 0 0 rg BT 440.89 328.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 486.85 328.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 523.64 328.60 Td (fixed-line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 316.60 Td (telephony) Tj ET Q q 0 0 0 rg BT 124.28 316.60 Td (, ) Tj ET Q q 0 0 0 rg BT 129.44 316.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 159.88 316.60 Td (and ) Tj ET Q q 0 0 0 rg BT 176.97 316.60 Td (business ) Tj ET Q q 0 0 0 rg BT 213.52 316.60 Td (service ) Tj ET Q q 0 0 0 rg BT 244.50 316.60 Td (of) Tj ET Q q 0 0 0 rg BT 252.65 316.60 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 285.57 316.60 Td (and ) Tj ET Q q 0 0 0 rg BT 302.67 316.60 Td (of ) Tj ET Q q 0 0 0 rg BT 313.66 316.60 Td (new ) Tj ET Q q 0 0 0 rg BT 332.98 316.60 Td (technology) Tj ET Q q 0 0 0 rg BT 376.76 316.60 Td (, ) Tj ET Q q 0 0 0 rg BT 381.92 316.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 439.01 316.60 Td (alternatives ) Tj ET Q q 0 0 0 rg BT 487.76 316.60 Td (and ) Tj ET Q q 0 0 0 rg BT 504.86 316.60 Td (other ) Tj ET Q q 0 0 0 rg BT 528.06 316.60 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 304.60 Td (and ) Tj ET Q q 0 0 0 rg BT 102.44 304.60 Td (services ) Tj ET Q q 0 0 0 rg BT 137.15 304.60 Td (that ) Tj ET Q q 0 0 0 rg BT 154.64 304.60 Td (we ) Tj ET Q q 0 0 0 rg BT 168.80 304.60 Td (may ) Tj ET Q q 0 0 0 rg BT 188.52 304.60 Td (of) Tj ET Q q 0 0 0 rg BT 196.67 304.60 Td (fer ) Tj ET Q q 0 0 0 rg BT 210.27 304.60 Td (in ) Tj ET Q q 0 0 0 rg BT 220.54 304.60 Td (the ) Tj ET Q q 0 0 0 rg BT 235.26 304.60 Td (future;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 282.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 282.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 282.60 Td (outcome ) Tj ET Q q 0 0 0 rg BT 137.15 282.60 Td (of ) Tj ET Q q 0 0 0 rg BT 147.98 282.60 Td (governmental ) Tj ET Q q 0 0 0 rg BT 205.46 282.60 Td (requests ) Tj ET Q q 0 0 0 rg BT 240.73 282.60 Td (for ) Tj ET Q q 0 0 0 rg BT 254.89 282.60 Td (proposals ) Tj ET Q q 0 0 0 rg BT 295.72 282.60 Td (related ) Tj ET Q q 0 0 0 rg BT 325.42 282.60 Td (to ) Tj ET Q q 0 0 0 rg BT 335.70 282.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 374.29 282.60 Td (for ) Tj ET Q q 0 0 0 rg BT 388.45 282.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 409.29 282.60 Td (communication ) Tj ET Q q 0 0 0 rg BT 474.00 282.60 Td (services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 260.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 260.60 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 260.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 129.38 260.60 Td (to ) Tj ET Q q 0 0 0 rg BT 139.66 260.60 Td (manage ) Tj ET Q q 0 0 0 rg BT 173.25 260.60 Td (rapid ) Tj ET Q q 0 0 0 rg BT 196.30 260.60 Td (technological ) Tj ET Q q 0 0 0 rg BT 252.67 260.60 Td (changes;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 238.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 238.60 Td (our ) Tj ET Q q 0 0 0 rg BT 102.12 238.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 130.97 238.60 Td (to ) Tj ET Q q 0 0 0 rg BT 142.04 238.60 Td (maintain ) Tj ET Q q 0 0 0 rg BT 180.32 238.60 Td (or ) Tj ET Q q 0 0 0 rg BT 191.95 238.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 228.00 238.60 Td (the ) Tj ET Q q 0 0 0 rg BT 243.51 238.60 Td (number ) Tj ET Q q 0 0 0 rg BT 277.35 238.60 Td (of ) Tj ET Q q 0 0 0 rg BT 288.97 238.60 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 345.04 238.60 Td (to ) Tj ET Q q 0 0 0 rg BT 356.11 238.60 Td (our ) Tj ET Q q 0 0 0 rg BT 372.74 238.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 397.12 238.60 Td (television, ) Tj ET Q q 0 0 0 rg BT 441.80 238.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 487.30 238.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 523.63 238.60 Td (fixed-line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 226.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 127.43 226.60 Td (and ) Tj ET Q q 0 0 0 rg BT 144.37 226.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 174.65 226.60 Td (service ) Tj ET Q q 0 0 0 rg BT 205.46 226.60 Td (of) Tj ET Q q 0 0 0 rg BT 213.61 226.60 Td (ferings ) Tj ET Q q 0 0 0 rg BT 243.88 226.60 Td (and ) Tj ET Q q 0 0 0 rg BT 260.82 226.60 Td (our ) Tj ET Q q 0 0 0 rg BT 276.65 226.60 Td (average ) Tj ET Q q 0 0 0 rg BT 310.23 226.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 344.38 226.60 Td (per ) Tj ET Q q 0 0 0 rg BT 359.65 226.60 Td (household;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 204.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 204.60 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 204.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 129.38 204.60 Td (to ) Tj ET Q q 0 0 0 rg BT 139.66 204.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 172.71 204.60 Td (satisfactory ) Tj ET Q q 0 0 0 rg BT 221.30 204.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 260.46 204.60 Td (service, ) Tj ET Q q 0 0 0 rg BT 293.77 204.60 Td (including ) Tj ET Q q 0 0 0 rg BT 334.04 204.60 Td (support ) Tj ET Q q 0 0 0 rg BT 366.54 204.60 Td (for ) Tj ET Q q 0 0 0 rg BT 380.71 204.60 Td (new ) Tj ET Q q 0 0 0 rg BT 399.87 204.60 Td (and ) Tj ET Q q 0 0 0 rg BT 416.80 204.60 Td (evolving ) Tj ET Q q 0 0 0 rg BT 454.30 204.60 Td (products ) Tj ET Q q 0 0 0 rg BT 491.24 204.60 Td (and ) Tj ET Q q 0 0 0 rg BT 508.18 204.60 Td (services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 182.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 182.60 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 182.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 129.38 182.60 Td (to ) Tj ET Q q 0 0 0 rg BT 139.66 182.60 Td (maintain ) Tj ET Q q 0 0 0 rg BT 177.15 182.60 Td (or ) Tj ET Q q 0 0 0 rg BT 187.98 182.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 223.23 182.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 244.61 182.60 Td (to ) Tj ET Q q 0 0 0 rg BT 254.89 182.60 Td (our ) Tj ET Q q 0 0 0 rg BT 270.72 182.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 318.21 182.60 Td (or ) Tj ET Q q 0 0 0 rg BT 329.04 182.60 Td (to ) Tj ET Q q 0 0 0 rg BT 339.32 182.60 Td (pass ) Tj ET Q q 0 0 0 rg BT 359.04 182.60 Td (through ) Tj ET Q q 0 0 0 rg BT 392.65 182.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 432.90 182.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 455.40 182.60 Td (to ) Tj ET Q q 0 0 0 rg BT 465.68 182.60 Td (our ) Tj ET Q q 0 0 0 rg BT 481.51 182.60 Td (subscribers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 160.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 160.60 Td (the ) Tj ET Q q 0 0 0 rg BT 99.86 160.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 129.22 160.60 Td (of ) Tj ET Q q 0 0 0 rg BT 139.69 160.60 Td (our ) Tj ET Q q 0 0 0 rg BT 155.16 160.60 Td (future ) Tj ET Q q 0 0 0 rg BT 181.18 160.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 218.31 160.60 Td (performance, ) Tj ET Q q 0 0 0 rg BT 273.47 160.60 Td (or ) Tj ET Q q 0 0 0 rg BT 283.95 160.60 Td (market ) Tj ET Q q 0 0 0 rg BT 313.85 160.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 357.66 160.60 Td (generally) Tj ET Q q 0 0 0 rg BT 394.22 160.60 Td (, ) Tj ET Q q 0 0 0 rg BT 398.86 160.60 Td (on ) Tj ET Q q 0 0 0 rg BT 411.00 160.60 Td (the ) Tj ET Q q 0 0 0 rg BT 425.36 160.60 Td (availability) Tj ET Q q 0 0 0 rg BT 469.70 160.60 Td (, ) Tj ET Q q 0 0 0 rg BT 474.34 160.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 498.70 160.60 Td (and ) Tj ET Q q 0 0 0 rg BT 515.29 160.60 Td (deployment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 148.60 Td (of ) Tj ET Q q 0 0 0 rg BT 96.33 148.60 Td (capital;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 126.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 126.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.09 126.60 Td (in, ) Tj ET Q q 0 0 0 rg BT 132.75 126.60 Td (or ) Tj ET Q q 0 0 0 rg BT 143.46 126.60 Td (failure ) Tj ET Q q 0 0 0 rg BT 171.93 126.60 Td (or ) Tj ET Q q 0 0 0 rg BT 182.64 126.60 Td (inability ) Tj ET Q q 0 0 0 rg BT 218.35 126.60 Td (to ) Tj ET Q q 0 0 0 rg BT 228.51 126.60 Td (comply ) Tj ET Q q 0 0 0 rg BT 260.89 126.60 Td (with, ) Tj ET Q q 0 0 0 rg BT 283.54 126.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 327.01 126.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 347.72 126.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 375.65 126.60 Td (government ) Tj ET Q q 0 0 0 rg BT 425.80 126.60 Td (regulations ) Tj ET Q q 0 0 0 rg BT 472.61 126.60 Td (in ) Tj ET Q q 0 0 0 rg BT 482.77 126.60 Td (the ) Tj ET Q q 0 0 0 rg BT 497.37 126.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 548.06 126.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 114.60 Td (adverse ) Tj ET Q q 0 0 0 rg BT 118.54 114.60 Td (outcomes ) Tj ET Q q 0 0 0 rg BT 159.36 114.60 Td (from ) Tj ET Q q 0 0 0 rg BT 181.30 114.60 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 224.89 114.60 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 278.21 114.60 Td (including ) Tj ET Q q 0 0 0 rg BT 318.48 114.60 Td (regulation ) Tj ET Q q 0 0 0 rg BT 361.53 114.60 Td (related ) Tj ET Q q 0 0 0 rg BT 391.23 114.60 Td (to ) Tj ET Q q 0 0 0 rg BT 401.51 114.60 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 453.42 114.60 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 92.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 92.60 Td (government ) Tj ET Q q 0 0 0 rg BT 135.24 92.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 162.77 92.60 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 205.84 92.60 Td (intervention ) Tj ET Q q 0 0 0 rg BT 256.14 92.60 Td (that ) Tj ET Q q 0 0 0 rg BT 273.12 92.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 307.31 92.60 Td (opening ) Tj ET Q q 0 0 0 rg BT 341.50 92.60 Td (our ) Tj ET Q q 0 0 0 rg BT 356.81 92.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 401.00 92.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 449.09 92.60 Td (network ) Tj ET Q q 0 0 0 rg BT 483.84 92.60 Td (to ) Tj ET Q q 0 0 0 rg BT 493.60 92.60 Td (competitors, ) Tj ET Q q 0 0 0 rg BT 545.29 92.60 Td (and/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 80.60 Td (or ) Tj ET Q q 0 0 0 rg BT 96.33 80.60 Td (other ) Tj ET Q q 0 0 0 rg BT 119.38 80.60 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 162.97 80.60 Td (interventions;) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 21.60 Td (I-3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.01 713.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 128.74 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 138.70 713.10 Td (obtain ) Tj ET Q q 0 0 0 rg BT 165.88 713.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 209.15 713.10 Td (approval ) Tj ET Q q 0 0 0 rg BT 246.32 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 262.93 713.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 291.22 713.10 Td (other ) Tj ET Q q 0 0 0 rg BT 313.95 713.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 357.79 713.10 Td (necessary ) Tj ET Q q 0 0 0 rg BT 398.84 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 408.80 713.10 Td (close ) Tj ET Q q 0 0 0 rg BT 431.53 713.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 481.48 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 498.10 713.10 Td (dispositions ) Tj ET Q q 0 0 0 rg BT 548.07 713.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 701.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 129.93 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.76 701.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 184.92 701.10 Td (imposed ) Tj ET Q q 0 0 0 rg BT 221.31 701.10 Td (by ) Tj ET Q q 0 0 0 rg BT 233.81 701.10 Td (competition ) Tj ET Q q 0 0 0 rg BT 284.08 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.02 701.10 Td (other ) Tj ET Q q 0 0 0 rg BT 324.06 701.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 367.66 701.10 Td (authorities ) Tj ET Q q 0 0 0 rg BT 412.37 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 422.65 701.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 469.02 701.10 Td (with ) Tj ET Q q 0 0 0 rg BT 489.30 701.10 Td (acquisitions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 679.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 679.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.03 679.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 128.78 679.10 Td (to ) Tj ET Q q 0 0 0 rg BT 138.75 679.10 Td (successfully ) Tj ET Q q 0 0 0 rg BT 189.83 679.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 221.45 679.10 Td (new ) Tj ET Q q 0 0 0 rg BT 240.30 679.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 284.72 679.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 303.86 679.10 Td (if ) Tj ET Q q 0 0 0 rg BT 312.17 679.10 Td (acquired, ) Tj ET Q q 0 0 0 rg BT 351.29 679.10 Td (to ) Tj ET Q q 0 0 0 rg BT 361.26 679.10 Td (integrate, ) Tj ET Q q 0 0 0 rg BT 400.94 679.10 Td (realize ) Tj ET Q q 0 0 0 rg BT 429.78 679.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 475.84 679.10 Td (ef) Tj ET Q q 0 0 0 rg BT 483.43 679.10 Td (ficiencies ) Tj ET Q q 0 0 0 rg BT 523.94 679.10 Td (from, ) Tj ET Q q 0 0 0 rg BT 548.07 679.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 667.10 Td (implement ) Tj ET Q q 0 0 0 rg BT 131.54 667.10 Td (our ) Tj ET Q q 0 0 0 rg BT 148.14 667.10 Td (business ) Tj ET Q q 0 0 0 rg BT 185.30 667.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 205.79 667.10 Td (with ) Tj ET Q q 0 0 0 rg BT 226.84 667.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 258.42 667.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.47 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 284.96 667.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 330.45 667.10 Td (we ) Tj ET Q q 0 0 0 rg BT 345.38 667.10 Td (have ) Tj ET Q q 0 0 0 rg BT 367.53 667.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 405.22 667.10 Td (or ) Tj ET Q q 0 0 0 rg BT 416.83 667.10 Td (with ) Tj ET Q q 0 0 0 rg BT 437.87 667.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 469.46 667.10 Td (to ) Tj ET Q q 0 0 0 rg BT 480.51 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 496.00 667.10 Td (formation ) Tj ET Q q 0 0 0 rg BT 538.70 667.10 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 667.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 655.10 Td (V) Tj ET Q q 0 0 0 rg BT 91.43 655.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 150.03 655.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.40 655.10 Td (;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 633.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 633.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.21 633.10 Td (in ) Tj ET Q q 0 0 0 rg BT 130.49 633.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 151.32 633.10 Td (or ) Tj ET Q q 0 0 0 rg BT 162.15 633.10 Td (treaties ) Tj ET Q q 0 0 0 rg BT 193.52 633.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 226.56 633.10 Td (to ) Tj ET Q q 0 0 0 rg BT 236.84 633.10 Td (taxation, ) Tj ET Q q 0 0 0 rg BT 274.05 633.10 Td (or ) Tj ET Q q 0 0 0 rg BT 284.88 633.10 Td (the ) Tj ET Q q 0 0 0 rg BT 299.60 633.10 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 355.96 633.10 Td (thereof, ) Tj ET Q q 0 0 0 rg BT 389.28 633.10 Td (in ) Tj ET Q q 0 0 0 rg BT 399.56 633.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.27 633.10 Td (Netherlands;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 611.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 611.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 121.43 611.10 Td (in ) Tj ET Q q 0 0 0 rg BT 132.93 611.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 154.98 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 173.14 611.10 Td (government ) Tj ET Q q 0 0 0 rg BT 224.63 611.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 272.78 611.10 Td (that ) Tj ET Q q 0 0 0 rg BT 291.50 611.10 Td (may ) Tj ET Q q 0 0 0 rg BT 312.44 611.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 343.37 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.31 611.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 408.02 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 426.18 611.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 446.01 611.10 Td (of ) Tj ET Q q 0 0 0 rg BT 458.06 611.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 488.44 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 506.60 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 522.54 611.10 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 599.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 134.67 599.10 Td (that ) Tj ET Q q 0 0 0 rg BT 152.16 599.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 178.54 599.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 208.24 599.10 Td (of ) Tj ET Q q 0 0 0 rg BT 219.07 599.10 Td (our ) Tj ET Q q 0 0 0 rg BT 234.90 599.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 272.38 599.10 Td (risks;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 577.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 577.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 577.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 128.27 577.10 Td (of ) Tj ET Q q 0 0 0 rg BT 139.10 577.10 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 177.71 577.10 Td (and ) Tj ET Q q 0 0 0 rg BT 194.65 577.10 Td (vendors ) Tj ET Q q 0 0 0 rg BT 228.81 577.10 Td (to ) Tj ET Q q 0 0 0 rg BT 239.08 577.10 Td (timely ) Tj ET Q q 0 0 0 rg BT 267.14 577.10 Td (deliver ) Tj ET Q q 0 0 0 rg BT 297.40 577.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 327.67 577.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 367.11 577.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 414.32 577.10 Td (software, ) Tj ET Q q 0 0 0 rg BT 453.75 577.10 Td (services ) Tj ET Q q 0 0 0 rg BT 488.46 577.10 Td (and ) Tj ET Q q 0 0 0 rg BT 505.40 577.10 Td (access; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 555.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 555.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 555.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 129.38 555.10 Td (to ) Tj ET Q q 0 0 0 rg BT 139.66 555.10 Td (secure ) Tj ET Q q 0 0 0 rg BT 167.70 555.10 Td (suf) Tj ET Q q 0 0 0 rg BT 179.74 555.10 Td (ficient ) Tj ET Q q 0 0 0 rg BT 207.78 555.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.72 555.10 Td (required ) Tj ET Q q 0 0 0 rg BT 260.53 555.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 299.69 555.10 Td (for ) Tj ET Q q 0 0 0 rg BT 313.85 555.10 Td (our ) Tj ET Q q 0 0 0 rg BT 329.68 555.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 359.95 555.10 Td (service ) Tj ET Q q 0 0 0 rg BT 390.77 555.10 Td (of) Tj ET Q q 0 0 0 rg BT 398.92 555.10 Td (ferings ) Tj ET Q q 0 0 0 rg BT 429.19 555.10 Td (in ) Tj ET Q q 0 0 0 rg BT 439.46 555.10 Td (upcoming ) Tj ET Q q 0 0 0 rg BT 481.96 555.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 521.12 555.10 Td (auctions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 533.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 99.08 533.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 145.43 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.13 533.10 Td (attractive ) Tj ET Q q 0 0 0 rg BT 193.69 533.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 249.49 533.10 Td (for ) Tj ET Q q 0 0 0 rg BT 262.52 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 277.22 533.10 Td (video ) Tj ET Q q 0 0 0 rg BT 300.80 533.10 Td (services ) Tj ET Q q 0 0 0 rg BT 334.37 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 350.18 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 363.76 533.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 385.13 533.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 427.59 533.10 Td (with ) Tj ET Q q 0 0 0 rg BT 446.73 533.10 Td (such ) Tj ET Q q 0 0 0 rg BT 466.43 533.10 Td (programming, ) Tj ET Q q 0 0 0 rg BT 524.73 533.10 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 521.10 Td (retransmission ) Tj ET Q q 0 0 0 rg BT 146.33 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 163.26 521.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 204.09 521.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 222.69 521.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 256.28 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 266.56 521.10 Td (public ) Tj ET Q q 0 0 0 rg BT 294.05 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 310.99 521.10 Td (private ) Tj ET Q q 0 0 0 rg BT 341.26 521.10 Td (broadcasters;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 499.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 499.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 139.09 499.10 Td (inherent ) Tj ET Q q 0 0 0 rg BT 174.35 499.10 Td (in ) Tj ET Q q 0 0 0 rg BT 184.63 499.10 Td (the ) Tj ET Q q 0 0 0 rg BT 199.35 499.10 Td (development ) Tj ET Q q 0 0 0 rg BT 253.50 499.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.44 499.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 316.26 499.10 Td (of ) Tj ET Q q 0 0 0 rg BT 327.09 499.10 Td (new ) Tj ET Q q 0 0 0 rg BT 346.25 499.10 Td (business ) Tj ET Q q 0 0 0 rg BT 382.64 499.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 404.03 499.10 Td (and ) Tj ET Q q 0 0 0 rg BT 420.96 499.10 Td (business ) Tj ET Q q 0 0 0 rg BT 457.36 499.10 Td (strategies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 477.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 477.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.17 477.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 129.06 477.10 Td (to ) Tj ET Q q 0 0 0 rg BT 139.18 477.10 Td (adequately ) Tj ET Q q 0 0 0 rg BT 184.83 477.10 Td (forecast ) Tj ET Q q 0 0 0 rg BT 218.81 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 235.59 477.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 255.14 477.10 Td (future ) Tj ET Q q 0 0 0 rg BT 281.36 477.10 Td (network ) Tj ET Q q 0 0 0 rg BT 316.47 477.10 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 373.51 477.10 Td (including ) Tj ET Q q 0 0 0 rg BT 413.62 477.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.18 477.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 450.51 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 467.29 477.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 501.29 477.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 544.72 477.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 465.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 465.10 Td (planned ) Tj ET Q q 0 0 0 rg BT 135.49 465.10 Td (network ) Tj ET Q q 0 0 0 rg BT 170.75 465.10 Td (extensions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 443.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 443.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 443.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 147.70 443.10 Td (of ) Tj ET Q q 0 0 0 rg BT 158.53 443.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 187.68 443.10 Td (for ) Tj ET Q q 0 0 0 rg BT 201.84 443.10 Td (the ) Tj ET Q q 0 0 0 rg BT 216.56 443.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 262.94 443.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 290.99 443.10 Td (development ) Tj ET Q q 0 0 0 rg BT 345.14 443.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.97 443.10 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 439.00 443.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 478.16 443.10 Td (and ) Tj ET Q q 0 0 0 rg BT 495.10 443.10 Td (services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 421.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 421.10 Td (problems ) Tj ET Q q 0 0 0 rg BT 124.23 421.10 Td (we ) Tj ET Q q 0 0 0 rg BT 137.40 421.10 Td (may ) Tj ET Q q 0 0 0 rg BT 156.13 421.10 Td (discover ) Tj ET Q q 0 0 0 rg BT 191.52 421.10 Td (post-closing ) Tj ET Q q 0 0 0 rg BT 241.92 421.10 Td (with ) Tj ET Q q 0 0 0 rg BT 261.21 421.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.94 421.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 320.61 421.10 Td (including ) Tj ET Q q 0 0 0 rg BT 359.90 421.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.63 421.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 405.68 421.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 439.41 421.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.36 421.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 491.85 421.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 530.02 421.10 Td (process, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 409.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.33 409.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 141.05 409.10 Td (we ) Tj ET Q q 0 0 0 rg BT 155.21 409.10 Td (acquire, ) Tj ET Q q 0 0 0 rg BT 189.64 409.10 Td (including ) Tj ET Q q 0 0 0 rg BT 229.91 409.10 Td (in ) Tj ET Q q 0 0 0 rg BT 240.19 409.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 273.23 409.10 Td (to ) Tj ET Q q 0 0 0 rg BT 283.51 409.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.04 409.10 Td (V) Tj ET Q q 0 0 0 rg BT 303.98 409.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 362.57 409.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.94 409.10 Td (;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 387.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 387.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 387.10 Td (leakage ) Tj ET Q q 0 0 0 rg BT 133.25 387.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.08 387.10 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 181.57 387.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 220.73 387.10 Td (data;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 365.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 365.10 Td (outcome ) Tj ET Q q 0 0 0 rg BT 137.15 365.10 Td (of ) Tj ET Q q 0 0 0 rg BT 147.98 365.10 Td (any ) Tj ET Q q 0 0 0 rg BT 164.92 365.10 Td (pending ) Tj ET Q q 0 0 0 rg BT 199.64 365.10 Td (or ) Tj ET Q q 0 0 0 rg BT 210.47 365.10 Td (threatened ) Tj ET Q q 0 0 0 rg BT 254.61 365.10 Td (litigation;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 343.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 343.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 343.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 118.28 343.10 Td (of ) Tj ET Q q 0 0 0 rg BT 129.11 343.10 Td (key ) Tj ET Q q 0 0 0 rg BT 146.05 343.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 191.31 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 208.25 343.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.97 343.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 270.45 343.10 Td (of ) Tj ET Q q 0 0 0 rg BT 281.28 343.10 Td (qualified ) Tj ET Q q 0 0 0 rg BT 319.32 343.10 Td (personnel;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 321.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 321.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.21 321.10 Td (in ) Tj ET Q q 0 0 0 rg BT 130.49 321.10 Td (the ) Tj ET Q q 0 0 0 rg BT 145.20 321.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 172.69 321.10 Td (of ) Tj ET Q q 0 0 0 rg BT 183.52 321.10 Td (key ) Tj ET Q q 0 0 0 rg BT 200.46 321.10 Td (strategic ) Tj ET Q q 0 0 0 rg BT 236.83 321.10 Td (relationships ) Tj ET Q q 0 0 0 rg BT 290.43 321.10 Td (with ) Tj ET Q q 0 0 0 rg BT 310.71 321.10 Td (partners ) Tj ET Q q 0 0 0 rg BT 345.42 321.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.36 321.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 383.19 321.10 Td (ventures; ) Tj ET Q q 0 0 0 rg BT 422.35 321.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 299.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 299.10 Td (events ) Tj ET Q q 0 0 0 rg BT 113.31 299.10 Td (that ) Tj ET Q q 0 0 0 rg BT 130.58 299.10 Td (are ) Tj ET Q q 0 0 0 rg BT 145.05 299.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 176.20 299.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.80 299.10 Td (our ) Tj ET Q q 0 0 0 rg BT 202.40 299.10 Td (control, ) Tj ET Q q 0 0 0 rg BT 235.49 299.10 Td (such ) Tj ET Q q 0 0 0 rg BT 256.09 299.10 Td (as ) Tj ET Q q 0 0 0 rg BT 266.69 299.10 Td (political ) Tj ET Q q 0 0 0 rg BT 301.72 299.10 Td (unrest ) Tj ET Q q 0 0 0 rg BT 328.43 299.10 Td (in ) Tj ET Q q 0 0 0 rg BT 338.47 299.10 Td (international ) Tj ET Q q 0 0 0 rg BT 391.28 299.10 Td (markets, ) Tj ET Q q 0 0 0 rg BT 427.70 299.10 Td (terrorist ) Tj ET Q q 0 0 0 rg BT 461.62 299.10 Td (attacks, ) Tj ET Q q 0 0 0 rg BT 494.15 299.10 Td (malicious ) Tj ET Q q 0 0 0 rg BT 535.30 299.10 Td (human ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 287.10 Td (acts, ) Tj ET Q q 0 0 0 rg BT 106.04 287.10 Td (natural ) Tj ET Q q 0 0 0 rg BT 136.29 287.10 Td (disasters, ) Tj ET Q q 0 0 0 rg BT 175.72 287.10 Td (pandemics ) Tj ET Q q 0 0 0 rg BT 220.97 287.10 Td (and ) Tj ET Q q 0 0 0 rg BT 237.90 287.10 Td (other ) Tj ET Q q 0 0 0 rg BT 260.94 287.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 291.20 287.10 Td (events ) Tj ET Q q 0 0 0 rg BT 319.24 287.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.17 287.10 Td (our ) Tj ET Q q 0 0 0 rg BT 351.99 287.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 380.03 287.10 Td (to ) Tj ET Q q 0 0 0 rg BT 390.30 287.10 Td (ef) Tj ET Q q 0 0 0 rg BT 397.89 287.10 Td (fectively ) Tj ET Q q 0 0 0 rg BT 435.36 287.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 472.28 287.10 Td (the ) Tj ET Q q 0 0 0 rg BT 486.99 287.10 Td (business ) Tj ET Q q 0 0 0 rg BT 523.37 287.10 Td (after ) Tj ET Q q 0 0 0 rg BT 544.18 287.10 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 275.10 Td (an ) Tj ET Q q 0 0 0 rg BT 97.44 275.10 Td (event.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 253.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.12 253.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 129.40 253.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 177.59 253.10 Td (and ) Tj ET Q q 0 0 0 rg BT 194.11 253.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 223.96 253.10 Td (service ) Tj ET Q q 0 0 0 rg BT 254.35 253.10 Td (industries ) Tj ET Q q 0 0 0 rg BT 295.31 253.10 Td (are ) Tj ET Q q 0 0 0 rg BT 309.59 253.10 Td (changing ) Tj ET Q q 0 0 0 rg BT 348.32 253.10 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 378.72 253.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 397.73 253.10 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 438.39 253.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.69 253.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 520.30 253.10 Td (statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.05 241.10 Td (expectations, ) Tj ET Q q 0 0 0 rg BT 114.75 241.10 Td (plans ) Tj ET Q q 0 0 0 rg BT 138.08 241.10 Td (and ) Tj ET Q q 0 0 0 rg BT 154.74 241.10 Td (intent ) Tj ET Q q 0 0 0 rg BT 179.74 241.10 Td (in ) Tj ET Q q 0 0 0 rg BT 189.74 241.10 Td (this ) Tj ET Q q 0 0 0 rg BT 206.41 241.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 235.29 241.10 Td (report ) Tj ET Q q 0 0 0 rg BT 261.38 241.10 Td (are ) Tj ET Q q 0 0 0 rg BT 275.81 241.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 306.36 241.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.36 241.10 Td (a ) Tj ET Q q 0 0 0 rg BT 323.02 241.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 367.45 241.10 Td (degree ) Tj ET Q q 0 0 0 rg BT 396.32 241.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.87 241.10 Td (risk. ) Tj ET Q q 0 0 0 rg BT 426.43 241.10 Td (These ) Tj ET Q q 0 0 0 rg BT 452.53 241.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 520.29 241.10 Td (statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.96 229.10 Td (the ) Tj ET Q q 0 0 0 rg BT 82.20 229.10 Td (above-described ) Tj ET Q q 0 0 0 rg BT 150.74 229.10 Td (risks, ) Tj ET Q q 0 0 0 rg BT 175.15 229.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 229.26 229.10 Td (and ) Tj ET Q q 0 0 0 rg BT 246.72 229.10 Td (other ) Tj ET Q q 0 0 0 rg BT 270.28 229.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 300.51 229.10 Td (speak ) Tj ET Q q 0 0 0 rg BT 326.30 229.10 Td (only ) Tj ET Q q 0 0 0 rg BT 347.10 229.10 Td (as ) Tj ET Q q 0 0 0 rg BT 358.45 229.10 Td (of ) Tj ET Q q 0 0 0 rg BT 369.80 229.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.03 229.10 Td (date ) Tj ET Q q 0 0 0 rg BT 404.71 229.10 Td (of ) Tj ET Q q 0 0 0 rg BT 416.06 229.10 Td (this ) Tj ET Q q 0 0 0 rg BT 433.53 229.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 463.20 229.10 Td (report, ) Tj ET Q q 0 0 0 rg BT 492.60 229.10 Td (and ) Tj ET Q q 0 0 0 rg BT 510.06 229.10 Td (we ) Tj ET Q q 0 0 0 rg BT 524.74 229.10 Td (expressly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.10 Td (disclaim ) Tj ET Q q 0 0 0 rg BT 85.33 217.10 Td (any ) Tj ET Q q 0 0 0 rg BT 101.72 217.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 144.22 217.10 Td (or ) Tj ET Q q 0 0 0 rg BT 154.50 217.10 Td (undertaking ) Tj ET Q q 0 0 0 rg BT 204.21 217.10 Td (to ) Tj ET Q q 0 0 0 rg BT 213.94 217.10 Td (disseminate ) Tj ET Q q 0 0 0 rg BT 263.10 217.10 Td (any ) Tj ET Q q 0 0 0 rg BT 279.49 217.10 Td (updates ) Tj ET Q q 0 0 0 rg BT 311.99 217.10 Td (or ) Tj ET Q q 0 0 0 rg BT 322.27 217.10 Td (revisions ) Tj ET Q q 0 0 0 rg BT 360.33 217.10 Td (to ) Tj ET Q q 0 0 0 rg BT 370.05 217.10 Td (any ) Tj ET Q q 0 0 0 rg BT 386.44 217.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 453.93 217.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 494.20 217.10 Td (contained ) Tj ET Q q 0 0 0 rg BT 535.02 217.10 Td (herein, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.47 205.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 87.19 205.10 Td (any ) Tj ET Q q 0 0 0 rg BT 103.81 205.10 Td (change ) Tj ET Q q 0 0 0 rg BT 134.31 205.10 Td (in ) Tj ET Q q 0 0 0 rg BT 144.28 205.10 Td (our ) Tj ET Q q 0 0 0 rg BT 159.80 205.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 211.97 205.10 Td (with ) Tj ET Q q 0 0 0 rg BT 231.93 205.10 Td (regard ) Tj ET Q q 0 0 0 rg BT 259.66 205.10 Td (thereto, ) Tj ET Q q 0 0 0 rg BT 292.11 205.10 Td (or ) Tj ET Q q 0 0 0 rg BT 302.63 205.10 Td (any ) Tj ET Q q 0 0 0 rg BT 319.25 205.10 Td (other ) Tj ET Q q 0 0 0 rg BT 341.99 205.10 Td (change ) Tj ET Q q 0 0 0 rg BT 372.49 205.10 Td (in ) Tj ET Q q 0 0 0 rg BT 382.45 205.10 Td (events, ) Tj ET Q q 0 0 0 rg BT 412.69 205.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 456.54 205.10 Td (or ) Tj ET Q q 0 0 0 rg BT 467.06 205.10 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 525.89 205.10 Td (on ) Tj ET Q q 0 0 0 rg BT 538.07 205.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (any ) Tj ET Q q 0 0 0 rg BT 66.44 193.10 Td (such ) Tj ET Q q 0 0 0 rg BT 87.27 193.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 128.09 193.10 Td (is ) Tj ET Q q 0 0 0 rg BT 137.26 193.10 Td (based. ) Tj ET Q q 0 0 0 rg BT 165.03 193.10 Td (Readers ) Tj ET Q q 0 0 0 rg BT 199.73 193.10 Td (are ) Tj ET Q q 0 0 0 rg BT 214.44 193.10 Td (cautioned ) Tj ET Q q 0 0 0 rg BT 255.81 193.10 Td (not ) Tj ET Q q 0 0 0 rg BT 271.09 193.10 Td (to ) Tj ET Q q 0 0 0 rg BT 281.37 193.10 Td (place ) Tj ET Q q 0 0 0 rg BT 304.96 193.10 Td (undue ) Tj ET Q q 0 0 0 rg BT 331.90 193.10 Td (reliance ) Tj ET Q q 0 0 0 rg BT 366.04 193.10 Td (on ) Tj ET Q q 0 0 0 rg BT 378.54 193.10 Td (any ) Tj ET Q q 0 0 0 rg BT 395.48 193.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 463.52 193.10 Td (statement.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 21.60 Td (I-4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.15 701.25 Td (BUSINESS OF) Tj ET Q q 0 0 0 rg BT 291.52 701.25 Td ( ) Tj ET Q q 0 0 0 rg BT 293.84 701.25 Td (V) Tj ET Q q 0 0 0 rg BT 300.87 701.25 Td (ODAFONEZIGGO ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 677.25 Td (In ) Tj ET Q q 0 0 0 rg BT 78.34 677.25 Td (this ) Tj ET Q q 0 0 0 rg BT 95.30 677.25 Td (Business ) Tj ET Q q 0 0 0 rg BT 138.38 677.25 Td (of ) Tj ET Q q 0 0 0 rg BT 148.67 677.25 Td (V) Tj ET Q q 0 0 0 rg BT 153.67 677.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 217.30 677.25 Td (section, ) Tj ET Q q 0 0 0 rg BT 250.63 677.25 Td (unless ) Tj ET Q q 0 0 0 rg BT 278.15 677.25 Td (the ) Tj ET Q q 0 0 0 rg BT 292.88 677.25 Td (context ) Tj ET Q q 0 0 0 rg BT 324.26 677.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 365.66 677.25 Td (r) Tj ET Q q 0 0 0 rg BT 369.18 677.25 Td (equir) Tj ET Q q 0 0 0 rg BT 389.92 677.25 Td (es, ) Tj ET Q q 0 0 0 rg BT 403.26 677.25 Td (the ) Tj ET Q q 0 0 0 rg BT 417.99 677.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 442.72 677.25 Td (we, ) Tj ET Q q 0 0 0 rg BT 469.97 677.25 Td (our) Tj ET Q q 0 0 0 rg BT 488.31 677.25 Td (, ) Tj ET Q q 0 0 0 rg BT 498.88 677.25 Td (our ) Tj ET Q q 0 0 0 rg BT 520.85 677.25 Td (company ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.24 665.25 Td (us ) Tj ET Q q 0 0 0 rg BT 88.00 665.25 Td (may ) Tj ET Q q 0 0 0 rg BT 106.40 665.25 Td (r) Tj ET Q q 0 0 0 rg BT 109.92 665.25 Td (efer) Tj ET Q q 0 0 0 rg BT 124.36 665.25 Td (, ) Tj ET Q q 0 0 0 rg BT 128.60 665.25 Td (as ) Tj ET Q q 0 0 0 rg BT 139.24 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 153.20 665.25 Td (context ) Tj ET Q q 0 0 0 rg BT 183.81 665.25 Td (r) Tj ET Q q 0 0 0 rg BT 187.33 665.25 Td (equir) Tj ET Q q 0 0 0 rg BT 208.07 665.25 Td (es, ) Tj ET Q q 0 0 0 rg BT 220.64 665.25 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 230.16 665.25 Td (V) Tj ET Q q 0 0 0 rg BT 235.16 665.25 Td (odafoneZiggo) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 290.72 665.25 Td ( ) Tj ET Q q 0 0 0 rg BT 292.46 665.25 Td (\(or ) Tj ET Q q 0 0 0 rg BT 306.42 665.25 Td (its ) Tj ET Q q 0 0 0 rg BT 317.61 665.25 Td (pr) Tj ET Q q 0 0 0 rg BT 326.13 665.25 Td (edecessor) Tj ET Q q 0 0 0 rg BT 364.45 665.25 Td (, ) Tj ET Q q 0 0 0 rg BT 368.70 665.25 Td (her) Tj ET Q q 0 0 0 rg BT 381.66 665.25 Td (ein ) Tj ET Q q 0 0 0 rg BT 395.61 665.25 Td (r) Tj ET Q q 0 0 0 rg BT 399.13 665.25 Td (eferr) Tj ET Q q 0 0 0 rg BT 418.20 665.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 429.38 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 438.90 665.25 Td (as ) Tj ET Q q 0 0 0 rg BT 449.54 665.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 455.10 665.25 Td (Old ) Tj ET Q q 0 0 0 rg BT 471.84 665.25 Td (Ziggo) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 495.73 665.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 506.36 665.25 Td (or ) Tj ET Q q 0 0 0 rg BT 517.00 665.25 Td (collectively ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 59.94 653.25 Td (V) Tj ET Q q 0 0 0 rg BT 64.94 653.25 Td (odafoneZiggo) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 120.49 653.25 Td ( ) Tj ET Q q 0 0 0 rg BT 123.15 653.25 Td (\(or ) Tj ET Q q 0 0 0 rg BT 138.03 653.25 Td (its ) Tj ET Q q 0 0 0 rg BT 150.14 653.25 Td (pr) Tj ET Q q 0 0 0 rg BT 158.66 653.25 Td (edecessor\) ) Tj ET Q q 0 0 0 rg BT 204.07 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 221.73 653.25 Td (its ) Tj ET Q q 0 0 0 rg BT 233.84 653.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 284.83 653.25 Td (after ) Tj ET Q q 0 0 0 rg BT 306.38 653.25 Td (giving ) Tj ET Q q 0 0 0 rg BT 334.03 653.25 Td (effect ) Tj ET Q q 0 0 0 rg BT 358.34 653.25 Td (to ) Tj ET Q q 0 0 0 rg BT 368.78 653.25 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 383.65 653.25 Td (JV) Tj ET Q q 0 0 0 rg BT 394.02 653.25 Td ( ) Tj ET Q q 0 0 0 rg BT 396.67 653.25 Td (T) Tj ET Q q 0 0 0 rg BT 401.68 653.25 Td (ransaction) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 444.46 653.25 Td ( ) Tj ET Q q 0 0 0 rg BT 447.12 653.25 Td (as ) Tj ET Q q 0 0 0 rg BT 458.67 653.25 Td (described ) Tj ET Q q 0 0 0 rg BT 500.20 653.25 Td (in ) Tj ET Q q 0 0 0 rg BT 510.64 653.25 Td (note ) Tj ET Q q 0 0 0 rg BT 530.51 653.25 Td (5 ) Tj ET Q q 0 0 0 rg BT 538.17 653.25 Td (to ) Tj ET Q q 0 0 0 rg BT 548.61 653.25 Td (our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.52 641.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.00 641.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 186.64 641.25 Td (Unless ) Tj ET Q q 0 0 0 rg BT 215.78 641.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 256.59 641.25 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 298.22 641.25 Td (operational ) Tj ET Q q 0 0 0 rg BT 346.81 641.25 Td (and ) Tj ET Q q 0 0 0 rg BT 363.73 641.25 Td (statistical ) Tj ET Q q 0 0 0 rg BT 404.54 641.25 Td (data, ) Tj ET Q q 0 0 0 rg BT 426.74 641.25 Td (including ) Tj ET Q q 0 0 0 rg BT 466.44 641.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 510.58 641.25 Td (statistics ) Tj ET Q q 0 0 0 rg BT 547.51 641.25 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (pr) Tj ET Q q 0 0 0 rg BT 58.02 629.25 Td (oduct ) Tj ET Q q 0 0 0 rg BT 82.74 629.25 Td (offerings, ) Tj ET Q q 0 0 0 rg BT 123.29 629.25 Td (ar) Tj ET Q q 0 0 0 rg BT 131.81 629.25 Td (e ) Tj ET Q q 0 0 0 rg BT 138.75 629.25 Td (as ) Tj ET Q q 0 0 0 rg BT 150.14 629.25 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 160.42 629.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 219.01 629.25 Td (2018) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 239.01 629.25 Td (.) 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 49.50 604.55 Td (Intr) Tj ET Q q 0 0 0 rg BT 66.54 604.55 Td (oduction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 582.55 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 582.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 131.99 582.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 160.00 582.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 175.11 582.55 Td (. ) Tj ET Q q 0 0 0 rg BT 180.07 582.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.40 582.55 Td (V) Tj ET Q q 0 0 0 rg BT 189.70 582.55 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.04 582.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 253.83 582.55 Td (provides ) Tj ET Q q 0 0 0 rg BT 290.73 582.55 Td (video, ) Tj ET Q q 0 0 0 rg BT 317.91 582.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 362.58 582.55 Td (internet, ) Tj ET Q q 0 0 0 rg BT 398.09 582.55 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 439.42 582.55 Td (telephony) Tj ET Q q 0 0 0 rg BT 478.21 582.55 Td (, ) Tj ET Q q 0 0 0 rg BT 483.17 582.55 Td (and ) Tj ET Q q 0 0 0 rg BT 500.07 582.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 530.31 582.55 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 570.55 Td (to ) Tj ET Q q 0 0 0 rg BT 59.47 570.55 Td (residential ) Tj ET Q q 0 0 0 rg BT 103.31 570.55 Td (and ) Tj ET Q q 0 0 0 rg BT 119.93 570.55 Td (business ) Tj ET Q q 0 0 0 rg BT 156.01 570.55 Td (customers ) Tj ET Q q 0 0 0 rg BT 198.75 570.55 Td (in ) Tj ET Q q 0 0 0 rg BT 208.72 570.55 Td (the ) Tj ET Q q 0 0 0 rg BT 223.12 570.55 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 275.97 570.55 Td (The ) Tj ET Q q 0 0 0 rg BT 293.71 570.55 Td (primary ) Tj ET Q q 0 0 0 rg BT 327.55 570.55 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 376.96 570.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.32 570.55 Td (V) Tj ET Q q 0 0 0 rg BT 393.25 570.55 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.34 570.55 Td ( ) Tj ET Q q 0 0 0 rg BT 451.53 570.55 Td (consist ) Tj ET Q q 0 0 0 rg BT 481.50 570.55 Td (of ) Tj ET Q q 0 0 0 rg BT 492.02 570.55 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 503.65 570.55 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 529.72 570.55 Td (Holding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 558.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 64.60 558.55 Td (. ) Tj ET Q q 0 0 0 rg BT 69.60 558.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.93 558.55 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.38 558.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 103.21 558.55 Td (and ) Tj ET Q q 0 0 0 rg BT 120.15 558.55 Td (its ) Tj ET Q q 0 0 0 rg BT 132.10 558.55 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 184.31 558.55 Td (including ) Tj ET Q q 0 0 0 rg BT 224.59 558.55 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 250.97 558.55 Td (Services ) Tj ET Q q 0 0 0 rg BT 287.35 558.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 302.45 558.55 Td (. ) Tj ET Q q 0 0 0 rg BT 307.45 558.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.78 558.55 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 337.73 558.55 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.72 558.55 Td (\), ) Tj ET Q q 0 0 0 rg BT 381.05 558.55 Td (and ) Tj ET Q q 0 0 0 rg BT 397.99 558.55 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.52 558.55 Td (V) Tj ET Q q 0 0 0 rg BT 418.46 558.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 453.16 558.55 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.12 558.55 Td ( ) Tj ET Q q 0 0 0 rg BT 468.62 558.55 Td (\(as ) Tj ET Q q 0 0 0 rg BT 482.78 558.55 Td (defined ) Tj ET Q q 0 0 0 rg BT 515.27 558.55 Td (below\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 534.55 Td (Prior ) Tj ET Q q 0 0 0 rg BT 90.57 534.55 Td (to ) Tj ET Q q 0 0 0 rg BT 101.41 534.55 Td (the ) Tj ET Q q 0 0 0 rg BT 116.69 534.55 Td (closing ) Tj ET Q q 0 0 0 rg BT 148.64 534.55 Td (of ) Tj ET Q q 0 0 0 rg BT 160.04 534.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.32 534.55 Td (JV) Tj ET Q q 0 0 0 rg BT 186.25 534.55 Td ( ) Tj ET Q q 0 0 0 rg BT 189.10 534.55 Td (T) Tj ET Q q 0 0 0 rg BT 194.85 534.55 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.95 534.55 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.29 534.55 Td (V) Tj ET Q q 0 0 0 rg BT 247.22 534.55 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.32 534.55 Td ( ) Tj ET Q q 0 0 0 rg BT 306.38 534.55 Td (was ) Tj ET Q q 0 0 0 rg BT 325.00 534.55 Td (a ) Tj ET Q q 0 0 0 rg BT 332.50 534.55 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 393.34 534.55 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 437.51 534.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.91 534.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 481.41 534.55 Td (Global ) Tj ET Q q 0 0 0 rg BT 511.69 534.55 Td (plc) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.91 534.55 Td ( ) Tj ET Q q 0 0 0 rg BT 526.97 534.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.30 534.55 Td (Liberty ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 522.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.40 522.55 Td (\). ) Tj ET Q q 0 0 0 rg BT 88.56 522.55 Td (On ) Tj ET Q q 0 0 0 rg BT 105.12 522.55 Td (December ) Tj ET Q q 0 0 0 rg BT 150.53 522.55 Td (31, ) Tj ET Q q 0 0 0 rg BT 167.37 522.55 Td (2016, ) Tj ET Q q 0 0 0 rg BT 194.20 522.55 Td (upon ) Tj ET Q q 0 0 0 rg BT 218.53 522.55 Td (closing ) Tj ET Q q 0 0 0 rg BT 251.75 522.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 522.55 Td (JV) Tj ET Q q 0 0 0 rg BT 279.24 522.55 Td ( ) Tj ET Q q 0 0 0 rg BT 283.26 522.55 Td (T) Tj ET Q q 0 0 0 rg BT 289.01 522.55 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.11 522.55 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.63 522.55 Td (V) Tj ET Q q 0 0 0 rg BT 342.56 522.55 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 522.55 Td ( ) Tj ET Q q 0 0 0 rg BT 402.99 522.55 Td (became ) Tj ET Q q 0 0 0 rg BT 437.85 522.55 Td (a ) Tj ET Q q 0 0 0 rg BT 446.63 522.55 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 508.73 522.55 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 554.17 522.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 510.55 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 510.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 114.12 510.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 142.26 510.55 Td (Holding ) Tj ET Q q 0 0 0 rg BT 177.62 510.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 192.73 510.55 Td (. ) Tj ET Q q 0 0 0 rg BT 197.82 510.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.15 510.55 Td (V) Tj ET Q q 0 0 0 rg BT 207.45 510.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 268.38 510.55 Td (Gr) Tj ET Q q 0 0 0 rg BT 280.42 510.55 Td (oup ) Tj ET Q q 0 0 0 rg BT 299.13 510.55 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.59 510.55 Td (\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.82 510.55 Td (V) Tj ET Q q 0 0 0 rg BT 347.75 510.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 406.43 510.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 434.57 510.55 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.35 510.55 Td ( ) Tj ET Q q 0 0 0 rg BT 469.94 510.55 Td (is ) Tj ET Q q 0 0 0 rg BT 479.20 510.55 Td (a ) Tj ET Q q 0 0 0 rg BT 486.23 510.55 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 511.60 510.55 Td (joint ) Tj ET Q q 0 0 0 rg BT 532.52 510.55 Td (venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 498.55 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.53 498.55 Td (V) Tj ET Q q 0 0 0 rg BT 73.83 498.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 134.65 498.55 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.87 498.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 152.68 498.55 Td (between ) Tj ET Q q 0 0 0 rg BT 188.30 498.55 Td (V) Tj ET Q q 0 0 0 rg BT 194.23 498.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 228.92 498.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 256.95 498.55 Td (Plc ) Tj ET Q q 0 0 0 rg BT 272.21 498.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.54 498.55 Td (V) Tj ET Q q 0 0 0 rg BT 281.85 498.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.74 498.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 321.55 498.55 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.47 498.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 370.38 498.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.60 498.55 Td (. ) Tj ET Q q 0 0 0 rg BT 402.58 498.55 Td (In ) Tj ET Q q 0 0 0 rg BT 413.39 498.55 Td (connection ) Tj ET Q q 0 0 0 rg BT 459.74 498.55 Td (with ) Tj ET Q q 0 0 0 rg BT 480.00 498.55 Td (the ) Tj ET Q q 0 0 0 rg BT 494.70 498.55 Td (closing ) Tj ET Q q 0 0 0 rg BT 526.06 498.55 Td (of ) Tj ET Q q 0 0 0 rg BT 536.87 498.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.57 498.55 Td (JV) Tj ET Q q 0 0 0 rg BT 562.50 498.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 486.55 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 486.55 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.35 486.55 Td (, ) Tj ET Q q 0 0 0 rg BT 100.93 486.55 Td (V) Tj ET Q q 0 0 0 rg BT 106.86 486.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 141.31 486.55 Td (Libertel ) Tj ET Q q 0 0 0 rg BT 175.20 486.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 190.30 486.55 Td (. ) Tj ET Q q 0 0 0 rg BT 195.04 486.55 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.37 486.55 Td (V) Tj ET Q q 0 0 0 rg BT 204.68 486.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 240.81 486.55 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.70 486.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 260.27 486.55 Td (became ) Tj ET Q q 0 0 0 rg BT 293.04 486.55 Td (an ) Tj ET Q q 0 0 0 rg BT 304.72 486.55 Td (indirect ) Tj ET Q q 0 0 0 rg BT 337.50 486.55 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 397.51 486.55 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 440.86 486.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.27 486.55 Td (V) Tj ET Q q 0 0 0 rg BT 457.20 486.55 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.29 486.55 Td (. ) Tj ET Q q 0 0 0 rg BT 518.04 486.55 Td (Prior ) Tj ET Q q 0 0 0 rg BT 540.28 486.55 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 486.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 474.55 Td (closing ) Tj ET Q q 0 0 0 rg BT 80.89 474.55 Td (of ) Tj ET Q q 0 0 0 rg BT 91.72 474.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.43 474.55 Td (JV) Tj ET Q q 0 0 0 rg BT 117.37 474.55 Td ( ) Tj ET Q q 0 0 0 rg BT 119.69 474.55 Td (T) Tj ET Q q 0 0 0 rg BT 125.44 474.55 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.54 474.55 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.36 474.55 Td (V) Tj ET Q q 0 0 0 rg BT 177.29 474.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 212.00 474.55 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.95 474.55 Td ( ) Tj ET Q q 0 0 0 rg BT 227.45 474.55 Td (and ) Tj ET Q q 0 0 0 rg BT 244.39 474.55 Td (its ) Tj ET Q q 0 0 0 rg BT 256.34 474.55 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 306.06 474.55 Td (operated ) Tj ET Q q 0 0 0 rg BT 342.80 474.55 Td (V) Tj ET Q q 0 0 0 rg BT 348.73 474.55 Td (odafone) Tj ET Q q 0 0 0 rg BT 383.72 474.55 Td (s ) Tj ET Q q 0 0 0 rg BT 390.11 474.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 420.38 474.55 Td (business ) Tj ET Q q 0 0 0 rg BT 456.78 474.55 Td (in ) Tj ET Q q 0 0 0 rg BT 467.05 474.55 Td (the ) Tj ET Q q 0 0 0 rg BT 481.77 474.55 Td (Netherlands.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 450.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 99.42 450.55 Td (Global ) Tj ET Q q 0 0 0 rg BT 129.12 450.55 Td (is ) Tj ET Q q 0 0 0 rg BT 138.27 450.55 Td (the ) Tj ET Q q 0 0 0 rg BT 152.97 450.55 Td (world) Tj ET Q q 0 0 0 rg BT 179.08 450.55 Td (s ) Tj ET Q q 0 0 0 rg BT 185.45 450.55 Td (lar) Tj ET Q q 0 0 0 rg BT 195.82 450.55 Td (gest ) Tj ET Q q 0 0 0 rg BT 214.41 450.55 Td (international ) Tj ET Q q 0 0 0 rg BT 267.43 450.55 Td (television ) Tj ET Q q 0 0 0 rg BT 308.79 450.55 Td (and ) Tj ET Q q 0 0 0 rg BT 325.72 450.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 370.41 450.55 Td (company ) Tj ET Q q 0 0 0 rg BT 409.54 450.55 Td (that ) Tj ET Q q 0 0 0 rg BT 427.02 450.55 Td (develops ) Tj ET Q q 0 0 0 rg BT 465.05 450.55 Td (market-leading ) Tj ET Q q 0 0 0 rg BT 528.06 450.55 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.55 Td (delivered ) Tj ET Q q 0 0 0 rg BT 89.43 438.55 Td (through ) Tj ET Q q 0 0 0 rg BT 123.27 438.55 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 188.75 438.55 Td (networks ) Tj ET Q q 0 0 0 rg BT 228.13 438.55 Td (that, ) Tj ET Q q 0 0 0 rg BT 248.36 438.55 Td (as ) Tj ET Q q 0 0 0 rg BT 259.42 438.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.47 438.55 Td (December31, ) Tj ET Q q 0 0 0 rg BT 329.29 438.55 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.29 438.55 Td (, ) Tj ET Q q 0 0 0 rg BT 354.52 438.55 Td (connected ) Tj ET Q q 0 0 0 rg BT 397.78 438.55 Td (over ) Tj ET Q q 0 0 0 rg BT 418.27 438.55 Td (21 ) Tj ET Q q 0 0 0 rg BT 431.00 438.55 Td (million ) Tj ET Q q 0 0 0 rg BT 462.62 438.55 Td (customers ) Tj ET Q q 0 0 0 rg BT 505.90 438.55 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 554.73 438.55 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.55 Td (45 ) Tj ET Q q 0 0 0 rg BT 61.79 426.55 Td (million ) Tj ET Q q 0 0 0 rg BT 92.80 426.55 Td (TV) Tj ET Q q 0 0 0 rg BT 104.85 426.55 Td (, ) Tj ET Q q 0 0 0 rg BT 109.63 426.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 154.13 426.55 Td (internet, ) Tj ET Q q 0 0 0 rg BT 189.46 426.55 Td (and ) Tj ET Q q 0 0 0 rg BT 206.19 426.55 Td (telephony ) Tj ET Q q 0 0 0 rg BT 247.91 426.55 Td (services. ) Tj ET Q q 0 0 0 rg BT 284.40 426.55 Td (As ) Tj ET Q q 0 0 0 rg BT 297.80 426.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.42 426.55 Td (December31, ) Tj ET Q q 0 0 0 rg BT 366.80 426.55 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 426.55 Td (, ) Tj ET Q q 0 0 0 rg BT 391.59 426.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 423.31 426.55 Td (Global ) Tj ET Q q 0 0 0 rg BT 452.81 426.55 Td (also ) Tj ET Q q 0 0 0 rg BT 471.21 426.55 Td (served ) Tj ET Q q 0 0 0 rg BT 499.60 426.55 Td (over ) Tj ET Q q 0 0 0 rg BT 519.66 426.55 Td (six ) Tj ET Q q 0 0 0 rg BT 533.62 426.55 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 79.77 414.55 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 127.26 414.55 Td (and ) Tj ET Q q 0 0 0 rg BT 144.20 414.55 Td (of) Tj ET Q q 0 0 0 rg BT 152.35 414.55 Td (fered ) Tj ET Q q 0 0 0 rg BT 175.21 414.55 Td (W) Tj ET Q q 0 0 0 rg BT 184.25 414.55 Td (iFi ) Tj ET Q q 0 0 0 rg BT 197.86 414.55 Td (service ) Tj ET Q q 0 0 0 rg BT 228.68 414.55 Td (through ) Tj ET Q q 0 0 0 rg BT 262.29 414.55 Td (12million ) Tj ET Q q 0 0 0 rg BT 306.18 414.55 Td (access ) Tj ET Q q 0 0 0 rg BT 334.22 414.55 Td (points ) Tj ET Q q 0 0 0 rg BT 361.17 414.55 Td (across ) Tj ET Q q 0 0 0 rg BT 388.66 414.55 Td (its ) Tj ET Q q 0 0 0 rg BT 400.60 414.55 Td (footprint. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 392.55 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 392.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.64 392.55 Td ( ) Tj ET Q q 0 0 0 rg BT 108.71 392.55 Td (is ) Tj ET Q q 0 0 0 rg BT 118.45 392.55 Td (one ) Tj ET Q q 0 0 0 rg BT 135.95 392.55 Td (of ) Tj ET Q q 0 0 0 rg BT 147.35 392.55 Td (the ) Tj ET Q q 0 0 0 rg BT 162.64 392.55 Td (world) Tj ET Q q 0 0 0 rg BT 188.75 392.55 Td (s ) Tj ET Q q 0 0 0 rg BT 195.71 392.55 Td (lar) Tj ET Q q 0 0 0 rg BT 206.07 392.55 Td (gest ) Tj ET Q q 0 0 0 rg BT 225.25 392.55 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 308.85 392.55 Td (companies ) Tj ET Q q 0 0 0 rg BT 354.69 392.55 Td (and ) Tj ET Q q 0 0 0 rg BT 372.19 392.55 Td (has ) Tj ET Q q 0 0 0 rg BT 388.59 392.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 419.43 392.55 Td (operations ) Tj ET Q q 0 0 0 rg BT 464.16 392.55 Td (in ) Tj ET Q q 0 0 0 rg BT 475.00 392.55 Td (25 ) Tj ET Q q 0 0 0 rg BT 488.07 392.55 Td (countries, ) Tj ET Q q 0 0 0 rg BT 530.30 392.55 Td (partners ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.55 Td (with ) Tj ET Q q 0 0 0 rg BT 69.58 380.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 99.65 380.55 Td (networks ) Tj ET Q q 0 0 0 rg BT 138.61 380.55 Td (in ) Tj ET Q q 0 0 0 rg BT 148.69 380.55 Td (46 ) Tj ET Q q 0 0 0 rg BT 160.99 380.55 Td (more, ) Tj ET Q q 0 0 0 rg BT 186.34 380.55 Td (and ) Tj ET Q q 0 0 0 rg BT 203.07 380.55 Td (fixed ) Tj ET Q q 0 0 0 rg BT 225.92 380.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 270.43 380.55 Td (operations ) Tj ET Q q 0 0 0 rg BT 314.38 380.55 Td (in ) Tj ET Q q 0 0 0 rg BT 324.46 380.55 Td (18 ) Tj ET Q q 0 0 0 rg BT 336.76 380.55 Td (markets. ) Tj ET Q q 0 0 0 rg BT 372.71 380.55 Td (As ) Tj ET Q q 0 0 0 rg BT 386.12 380.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.75 380.55 Td (December31, ) Tj ET Q q 0 0 0 rg BT 455.13 380.55 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.13 380.55 Td (, ) Tj ET Q q 0 0 0 rg BT 479.77 380.55 Td (V) Tj ET Q q 0 0 0 rg BT 485.70 380.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 520.21 380.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 548.06 380.55 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 368.55 Td (700 ) Tj ET Q q 0 0 0 rg BT 67.00 368.55 Td (million ) Tj ET Q q 0 0 0 rg BT 98.39 368.55 Td (mobile ) Tj ET Q q 0 0 0 rg BT 128.67 368.55 Td (customers ) Tj ET Q q 0 0 0 rg BT 171.71 368.55 Td (and ) Tj ET Q q 0 0 0 rg BT 188.65 368.55 Td (21 ) Tj ET Q q 0 0 0 rg BT 201.15 368.55 Td (million ) Tj ET Q q 0 0 0 rg BT 232.54 368.55 Td (fixed ) Tj ET Q q 0 0 0 rg BT 255.59 368.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 300.30 368.55 Td (customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 346.55 Td (In ) Tj ET Q q 0 0 0 rg BT 79.23 346.55 Td (connection ) Tj ET Q q 0 0 0 rg BT 126.50 346.55 Td (with ) Tj ET Q q 0 0 0 rg BT 147.67 346.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.29 346.55 Td (JV) Tj ET Q q 0 0 0 rg BT 174.22 346.55 Td ( ) Tj ET Q q 0 0 0 rg BT 177.37 346.55 Td (T) Tj ET Q q 0 0 0 rg BT 183.13 346.55 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.22 346.55 Td (, ) Tj ET Q q 0 0 0 rg BT 230.12 346.55 Td (on ) Tj ET Q q 0 0 0 rg BT 243.52 346.55 Td (December ) Tj ET Q q 0 0 0 rg BT 288.00 346.55 Td (31, ) Tj ET Q q 0 0 0 rg BT 303.90 346.55 Td (2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.79 346.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 362.62 346.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.84 346.55 Td ( ) Tj ET Q q 0 0 0 rg BT 393.24 346.55 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.83 346.55 Td (V) Tj ET Q q 0 0 0 rg BT 416.76 346.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.97 346.55 Td ( ) Tj ET Q q 0 0 0 rg BT 452.37 346.55 Td (entered ) Tj ET Q q 0 0 0 rg BT 485.19 346.55 Td (into ) Tj ET Q q 0 0 0 rg BT 504.14 346.55 Td (a ) Tj ET Q q 0 0 0 rg BT 511.98 346.55 Td (shareholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.55 Td (agreement ) Tj ET Q q 0 0 0 rg BT 94.66 334.55 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 113.73 334.55 Td (Shar) Tj ET Q q 0 0 0 rg BT 134.11 334.55 Td (eholders ) Tj ET Q q 0 0 0 rg BT 172.97 334.55 Td (Agr) Tj ET Q q 0 0 0 rg BT 189.44 334.55 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 334.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 226.83 334.55 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.88 334.55 Td (V) Tj ET Q q 0 0 0 rg BT 253.81 334.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 313.43 334.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 342.50 334.55 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.28 334.55 Td ( ) Tj ET Q q 0 0 0 rg BT 378.80 334.55 Td (in ) Tj ET Q q 0 0 0 rg BT 390.10 334.55 Td (respect ) Tj ET Q q 0 0 0 rg BT 421.94 334.55 Td (of ) Tj ET Q q 0 0 0 rg BT 433.79 334.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.28 334.55 Td (V) Tj ET Q q 0 0 0 rg BT 455.21 334.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 514.82 334.55 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 334.55 Td (. ) Tj ET Q q 0 0 0 rg BT 530.67 334.55 Td (Each ) Tj ET Q q 0 0 0 rg BT 554.18 334.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 81.28 322.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 322.55 Td ( ) Tj ET Q q 0 0 0 rg BT 110.85 322.55 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.46 322.55 Td (V) Tj ET Q q 0 0 0 rg BT 133.39 322.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.60 322.55 Td ( ) Tj ET Q q 0 0 0 rg BT 167.95 322.55 Td (\(each ) Tj ET Q q 0 0 0 rg BT 191.94 322.55 Td (a ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.73 322.55 Td (Shar) Tj ET Q q 0 0 0 rg BT 219.11 322.55 Td (eholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.33 322.55 Td (\) ) Tj ET Q q 0 0 0 rg BT 257.00 322.55 Td (holds ) Tj ET Q q 0 0 0 rg BT 281.02 322.55 Td (50% ) Tj ET Q q 0 0 0 rg BT 301.70 322.55 Td (of ) Tj ET Q q 0 0 0 rg BT 312.38 322.55 Td (the ) Tj ET Q q 0 0 0 rg BT 326.94 322.55 Td (issued ) Tj ET Q q 0 0 0 rg BT 354.29 322.55 Td (share ) Tj ET Q q 0 0 0 rg BT 377.74 322.55 Td (capital ) Tj ET Q q 0 0 0 rg BT 406.73 322.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.24 322.55 Td (V) Tj ET Q q 0 0 0 rg BT 423.17 322.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 481.62 322.55 Td (Group ) Tj ET Q q 0 0 0 rg BT 509.51 322.55 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.29 322.55 Td (. ) Tj ET Q q 0 0 0 rg BT 546.97 322.55 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.55 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 103.76 310.55 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 310.55 Td ( ) Tj ET Q q 0 0 0 rg BT 150.82 310.55 Td (contains ) Tj ET Q q 0 0 0 rg BT 186.79 310.55 Td (customary ) Tj ET Q q 0 0 0 rg BT 231.08 310.55 Td (provisions ) Tj ET Q q 0 0 0 rg BT 275.39 310.55 Td (for ) Tj ET Q q 0 0 0 rg BT 289.69 310.55 Td (the ) Tj ET Q q 0 0 0 rg BT 304.54 310.55 Td (governance ) Tj ET Q q 0 0 0 rg BT 353.27 310.55 Td (of ) Tj ET Q q 0 0 0 rg BT 364.23 310.55 Td (a ) Tj ET Q q 0 0 0 rg BT 371.31 310.55 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 396.73 310.55 Td (joint ) Tj ET Q q 0 0 0 rg BT 417.70 310.55 Td (venture ) Tj ET Q q 0 0 0 rg BT 450.32 310.55 Td (that ) Tj ET Q q 0 0 0 rg BT 467.96 310.55 Td (result ) Tj ET Q q 0 0 0 rg BT 492.81 310.55 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.23 310.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 535.30 310.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.55 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.04 298.55 Td (V) Tj ET Q q 0 0 0 rg BT 71.97 298.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.18 298.55 Td ( ) Tj ET Q q 0 0 0 rg BT 106.45 298.55 Td (having ) Tj ET Q q 0 0 0 rg BT 135.93 298.55 Td (joint ) Tj ET Q q 0 0 0 rg BT 156.53 298.55 Td (control ) Tj ET Q q 0 0 0 rg BT 187.12 298.55 Td (over ) Tj ET Q q 0 0 0 rg BT 207.15 298.55 Td (decision ) Tj ET Q q 0 0 0 rg BT 242.74 298.55 Td (making ) Tj ET Q q 0 0 0 rg BT 275.01 298.55 Td (with ) Tj ET Q q 0 0 0 rg BT 295.05 298.55 Td (respect ) Tj ET Q q 0 0 0 rg BT 325.63 298.55 Td (to ) Tj ET Q q 0 0 0 rg BT 335.67 298.55 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.99 298.55 Td (V) Tj ET Q q 0 0 0 rg BT 355.93 298.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 414.29 298.55 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.11 298.55 Td (. ) Tj ET Q q 0 0 0 rg BT 428.71 298.55 Td (W) Tj ET Q q 0 0 0 rg BT 437.35 298.55 Td (e ) Tj ET Q q 0 0 0 rg BT 444.05 298.55 Td (also ) Tj ET Q q 0 0 0 rg BT 462.43 298.55 Td (entered ) Tj ET Q q 0 0 0 rg BT 494.12 298.55 Td (into ) Tj ET Q q 0 0 0 rg BT 511.94 298.55 Td (a ) Tj ET Q q 0 0 0 rg BT 518.64 298.55 Td (framework ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.55 Td (agreement ) Tj ET Q q 0 0 0 rg BT 94.36 286.55 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.13 286.55 Td (V) Tj ET Q q 0 0 0 rg BT 121.07 286.55 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.27 286.55 Td ( ) Tj ET Q q 0 0 0 rg BT 156.50 286.55 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.16 286.55 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 206.82 286.55 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.03 286.55 Td ( ) Tj ET Q q 0 0 0 rg BT 237.26 286.55 Td (to ) Tj ET Q q 0 0 0 rg BT 248.26 286.55 Td (provide ) Tj ET Q q 0 0 0 rg BT 282.03 286.55 Td (us ) Tj ET Q q 0 0 0 rg BT 294.15 286.55 Td (access ) Tj ET Q q 0 0 0 rg BT 322.91 286.55 Td (to ) Tj ET Q q 0 0 0 rg BT 333.91 286.55 Td (each ) Tj ET Q q 0 0 0 rg BT 355.45 286.55 Td (of ) Tj ET Q q 0 0 0 rg BT 367.01 286.55 Td (their ) Tj ET Q q 0 0 0 rg BT 388.55 286.55 Td (expertise ) Tj ET Q q 0 0 0 rg BT 427.87 286.55 Td (in ) Tj ET Q q 0 0 0 rg BT 438.88 286.55 Td (the ) Tj ET Q q 0 0 0 rg BT 454.32 286.55 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 538.07 286.55 Td (media ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.55 Td (technology ) Tj ET Q q 0 0 0 rg BT 96.16 274.55 Td (business. ) Tj ET Q q 0 0 0 rg BT 134.78 274.55 Td (For ) Tj ET Q q 0 0 0 rg BT 150.90 274.55 Td (additional ) Tj ET Q q 0 0 0 rg BT 193.11 274.55 Td (information ) Tj ET Q q 0 0 0 rg BT 242.55 274.55 Td (on ) Tj ET Q q 0 0 0 rg BT 254.78 274.55 Td (the ) Tj ET Q q 0 0 0 rg BT 269.22 274.55 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 310.33 274.55 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 360.58 274.55 Td (see ) Tj ET Q q 0 0 0 rg BT 375.58 274.55 Td (note ) Tj ET Q q 0 0 0 rg BT 395.02 274.55 Td (5 ) Tj ET Q q 0 0 0 rg BT 402.25 274.55 Td (to ) Tj ET Q q 0 0 0 rg BT 412.25 274.55 Td (our ) Tj ET Q q 0 0 0 rg BT 427.81 274.55 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 480.58 274.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.79 274.55 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 252.55 Td (In ) Tj ET Q q 0 0 0 rg BT 77.97 252.55 Td (December ) Tj ET Q q 0 0 0 rg BT 121.19 252.55 Td (2018, ) Tj ET Q q 0 0 0 rg BT 145.82 252.55 Td (an ) Tj ET Q q 0 0 0 rg BT 157.40 252.55 Td (intra-group ) Tj ET Q q 0 0 0 rg BT 204.52 252.55 Td (reor) Tj ET Q q 0 0 0 rg BT 220.44 252.55 Td (ganization ) Tj ET Q q 0 0 0 rg BT 264.22 252.55 Td (took ) Tj ET Q q 0 0 0 rg BT 284.14 252.55 Td (place ) Tj ET Q q 0 0 0 rg BT 307.37 252.55 Td (within ) Tj ET Q q 0 0 0 rg BT 335.06 252.55 Td (the ) Tj ET Q q 0 0 0 rg BT 349.26 252.55 Td (V) Tj ET Q q 0 0 0 rg BT 355.19 252.55 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 413.42 252.55 Td (group. ) Tj ET Q q 0 0 0 rg BT 441.23 252.55 Td (This ) Tj ET Q q 0 0 0 rg BT 461.15 252.55 Td (reor) Tj ET Q q 0 0 0 rg BT 477.07 252.55 Td (ganization ) Tj ET Q q 0 0 0 rg BT 520.85 252.55 Td (comprised ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.55 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 240.55 Td (inter ) Tj ET Q q 0 0 0 rg BT 81.16 240.55 Td (alia ) Tj ET Q q 0 0 0 rg BT 98.09 240.55 Td (the ) Tj ET Q q 0 0 0 rg BT 112.81 240.55 Td (following ) Tj ET Q q 0 0 0 rg BT 154.19 240.55 Td (steps:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 218.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 218.55 Td (Legal ) Tj ET Q q 0 0 0 rg BT 111.25 218.55 Td (mer) Tj ET Q q 0 0 0 rg BT 126.61 218.55 Td (ger ) Tj ET Q q 0 0 0 rg BT 142.37 218.55 Td (between ) Tj ET Q q 0 0 0 rg BT 178.66 218.55 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 205.53 218.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 220.64 218.55 Td (. ) Tj ET Q q 0 0 0 rg BT 226.12 218.55 Td (\(as ) Tj ET Q q 0 0 0 rg BT 240.76 218.55 Td (acquiring ) Tj ET Q q 0 0 0 rg BT 281.51 218.55 Td (company\) ) Tj ET Q q 0 0 0 rg BT 324.48 218.55 Td (and ) Tj ET Q q 0 0 0 rg BT 341.69 218.55 Td (V) Tj ET Q q 0 0 0 rg BT 347.62 218.55 Td (odafone ) Tj ET Q q 0 0 0 rg BT 382.81 218.55 Td (Nederland ) Tj ET Q q 0 0 0 rg BT 427.44 218.55 Td (Holding ) Tj ET Q q 0 0 0 rg BT 463.20 218.55 Td (III ) Tj ET Q q 0 0 0 rg BT 476.17 218.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 491.28 218.55 Td (. ) Tj ET Q q 0 0 0 rg BT 496.76 218.55 Td (\(as ) Tj ET Q q 0 0 0 rg BT 511.40 218.55 Td (disappearing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 206.55 Td (company\) ) Tj ET Q q 0 0 0 rg BT 127.99 206.55 Td (which ) Tj ET Q q 0 0 0 rg BT 154.92 206.55 Td (became ) Tj ET Q q 0 0 0 rg BT 187.96 206.55 Td (ef) Tj ET Q q 0 0 0 rg BT 195.54 206.55 Td (fective ) Tj ET Q q 0 0 0 rg BT 225.25 206.55 Td (on ) Tj ET Q q 0 0 0 rg BT 237.75 206.55 Td (December ) Tj ET Q q 0 0 0 rg BT 281.33 206.55 Td (28, ) Tj ET Q q 0 0 0 rg BT 296.33 206.55 Td (2018;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 184.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 184.55 Td (Legal ) Tj ET Q q 0 0 0 rg BT 110.67 184.55 Td (mer) Tj ET Q q 0 0 0 rg BT 126.04 184.55 Td (ger ) Tj ET Q q 0 0 0 rg BT 141.22 184.55 Td (between ) Tj ET Q q 0 0 0 rg BT 176.42 184.55 Td 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Subscribers) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 304.71 510.80 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 506.27 Td (86.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 506.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 491.72 Td (Internet as a % of ) Tj ET Q q 0 0 0 rg BT 125.34 491.72 Td (T) Tj ET Q q 0 0 0 rg BT 130.75 491.72 Td (wo-way Homes Passed) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 223.52 496.25 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 491.27 Td (46.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 491.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 476.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 476.27 Td (elephony as a % of ) Tj ET Q q 0 0 0 rg BT 136.31 476.27 Td (T) Tj ET Q q 0 0 0 rg BT 141.72 476.27 Td (wo-way Homes Passed) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 234.49 480.80 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 476.27 Td (34.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 476.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 52.5 455.71259765625 m 181.2109375 455.71259765625 l s q 0 0 0 rg BT 52.50 457.28 Td (Fixed Customer) Tj ET Q q 0 0 0 rg BT 121.01 457.28 Td ( Relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 442.27 Td (Fixed Customer Relationships) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 173.61 446.80 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.10 442.27 Td (3,876,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 427.27 Td (RGUs per Fixed Customer Relationship) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 427.27 Td (2.51) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 52.5 406.71259765625 m 162.890625 406.71259765625 l s q 0 0 0 rg BT 52.50 408.28 Td (Fixed Customer) Tj ET Q q 0 0 0 rg BT 121.01 408.28 Td ( Bundling) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 393.27 Td (Single-Play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 393.27 Td (15.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 393.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 378.27 Td (Double-Play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 378.27 Td (20.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 378.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 363.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.43 363.27 Td (riple-Play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 363.27 Td (64.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 363.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 52.5 342.71259765625 m 107.7783203125 342.71259765625 l s q 0 0 0 rg BT 52.50 344.28 Td (Mobile SIMs) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 107.78 348.81 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 329.27 Td (Postpaid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.10 329.27 Td (4,215,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 314.27 Td (Prepaid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.60 314.27 Td (751,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 299.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 299.27 Td (otal Mobile) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.10 299.27 Td (4,966,000) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 52.5 278.71259765624995 m 108.037109375 278.71259765624995 l s q 0 0 0 rg BT 52.50 280.28 Td (Convergence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 265.27 Td (Conver) Tj ET Q q 0 0 0 rg BT 81.76 265.27 Td (ged) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 96.20 269.80 Td (1) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 99.20 269.80 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.45 265.27 Td (Households) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.10 265.27 Td (1,059,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 250.27 Td (Conver) Tj ET Q q 0 0 0 rg BT 81.76 250.27 Td (ged) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 96.20 254.80 Td (1) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 99.20 254.80 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.45 250.27 Td ( SIMs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.10 250.27 Td (1,540,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 235.27 Td (Conver) Tj ET Q q 0 0 0 rg BT 81.76 235.27 Td (ged) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 96.20 239.80 Td (1) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 99.20 239.80 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.45 235.27 Td ( Households as % of Internet RGUs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 235.27 Td (31.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 235.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.10 Td (_______________) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 181.90 Td (1. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 181.90 Td (Homes ) Tj ET Q q 0 0 0 rg BT 95.40 181.90 Td (Passed ) Tj ET Q q 0 0 0 rg BT 124.63 181.90 Td (are ) Tj ET Q q 0 0 0 rg BT 138.75 181.90 Td (homes, ) Tj ET Q q 0 0 0 rg BT 167.54 181.90 Td (residential ) Tj ET Q q 0 0 0 rg BT 206.56 181.90 Td (multiple ) Tj ET Q q 0 0 0 rg BT 236.69 181.90 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 268.15 181.90 Td (units ) Tj ET Q q 0 0 0 rg BT 287.60 181.90 Td (or ) Tj ET Q q 0 0 0 rg BT 297.27 181.90 Td (commercial ) Tj ET Q q 0 0 0 rg BT 340.72 181.90 Td (units ) Tj ET Q q 0 0 0 rg BT 360.17 181.90 Td (that ) Tj ET Q q 0 0 0 rg BT 376.07 181.90 Td (can ) Tj ET Q q 0 0 0 rg BT 391.53 181.90 Td (be ) Tj ET Q q 0 0 0 rg BT 402.98 181.90 Td (connected ) Tj ET Q q 0 0 0 rg BT 442.46 181.90 Td (to ) Tj ET Q q 0 0 0 rg BT 451.68 181.90 Td (our ) Tj ET Q q 0 0 0 rg BT 465.80 181.90 Td (networks ) Tj ET Q q 0 0 0 rg BT 500.37 181.90 Td (without ) Tj ET Q q 0 0 0 rg BT 528.27 181.90 Td (materially ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 172.30 Td (extending ) Tj ET Q q 0 0 0 rg BT 104.25 172.30 Td (the ) Tj ET Q q 0 0 0 rg BT 117.42 172.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 158.16 172.30 Td (plant. ) Tj ET Q q 0 0 0 rg BT 179.78 172.30 Td (Our ) Tj ET Q q 0 0 0 rg BT 195.17 172.30 Td (Homes ) Tj ET Q q 0 0 0 rg BT 222.56 172.30 Td (Passed ) Tj ET Q q 0 0 0 rg BT 251.30 172.30 Td (counts ) Tj ET Q q 0 0 0 rg BT 276.92 172.30 Td (are ) Tj ET Q q 0 0 0 rg BT 290.54 172.30 Td (based ) Tj ET Q q 0 0 0 rg BT 314.39 172.30 Td (on ) Tj ET Q q 0 0 0 rg BT 325.34 172.30 Td (internally ) Tj ET Q q 0 0 0 rg BT 359.40 172.30 Td (maintained ) Tj ET Q q 0 0 0 rg BT 400.59 172.30 Td (databases ) Tj ET Q q 0 0 0 rg BT 439.56 172.30 Td (of ) Tj ET Q q 0 0 0 rg BT 448.29 172.30 Td (connected ) Tj ET Q q 0 0 0 rg BT 487.26 172.30 Td (addresses, ) Tj ET Q q 0 0 0 rg BT 528.44 172.30 Td (which ) Tj ET Q q 0 0 0 rg BT 550.95 172.30 Td (are ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 162.70 Td (updated ) Tj ET Q q 0 0 0 rg BT 98.64 162.70 Td (monthly) Tj ET Q q 0 0 0 rg BT 126.06 162.70 Td (. ) Tj ET Q q 0 0 0 rg BT 130.50 162.70 Td (Due ) Tj ET Q q 0 0 0 rg BT 147.40 162.70 Td (to ) Tj ET Q q 0 0 0 rg BT 156.30 162.70 Td (the ) Tj ET Q q 0 0 0 rg BT 169.64 162.70 Td (fact ) Tj ET Q q 0 0 0 rg BT 184.76 162.70 Td (that ) Tj ET Q q 0 0 0 rg BT 200.32 162.70 Td (we ) Tj ET Q q 0 0 0 rg BT 212.77 162.70 Td (do ) Tj ET Q q 0 0 0 rg BT 223.89 162.70 Td (not ) Tj ET Q q 0 0 0 rg BT 237.24 162.70 Td (own ) Tj ET Q q 0 0 0 rg BT 254.14 162.70 Td (the ) Tj ET Q q 0 0 0 rg BT 267.48 162.70 Td (partner ) Tj ET Q q 0 0 0 rg BT 295.05 162.70 Td (networks, ) Tj ET Q q 0 0 0 rg BT 331.51 162.70 Td (we ) Tj ET Q q 0 0 0 rg BT 343.96 162.70 Td (do ) Tj ET Q q 0 0 0 rg BT 355.08 162.70 Td (not ) Tj ET Q q 0 0 0 rg BT 368.42 162.70 Td (report ) Tj ET Q q 0 0 0 rg BT 391.54 162.70 Td (homes ) Tj ET Q q 0 0 0 rg BT 417.78 162.70 Td (passed ) Tj ET Q q 0 0 0 rg BT 445.80 162.70 Td (for ) Tj ET Q q 0 0 0 rg BT 457.36 162.70 Td (partner ) Tj ET Q q 0 0 0 rg BT 484.93 162.70 Td (networks.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 147.10 Td (2. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 147.10 Td (T) Tj ET Q q 0 0 0 rg BT 71.95 147.10 Td (wo-way ) Tj ET Q q 0 0 0 rg BT 100.89 147.10 Td (Homes ) Tj ET Q q 0 0 0 rg BT 128.06 147.10 Td (Passed ) Tj ET Q q 0 0 0 rg BT 156.57 147.10 Td (are ) Tj ET Q q 0 0 0 rg BT 169.97 147.10 Td (Homes ) Tj ET Q q 0 0 0 rg BT 197.14 147.10 Td (Passed ) Tj ET Q q 0 0 0 rg BT 225.65 147.10 Td (by ) Tj ET Q q 0 0 0 rg BT 235.93 147.10 Td (those ) Tj ET Q q 0 0 0 rg BT 257.33 147.10 Td (sections ) Tj ET Q q 0 0 0 rg BT 288.51 147.10 Td (of ) Tj ET Q q 0 0 0 rg BT 297.01 147.10 Td (our ) Tj ET Q q 0 0 0 rg BT 310.40 147.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 344.24 147.10 Td (that ) Tj ET Q q 0 0 0 rg BT 359.41 147.10 Td (are ) Tj ET Q q 0 0 0 rg BT 372.81 147.10 Td (technologically ) Tj ET Q q 0 0 0 rg BT 427.11 147.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 456.96 147.10 Td (of ) Tj ET Q q 0 0 0 rg BT 465.47 147.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 499.76 147.10 Td (two-way ) Tj ET Q q 0 0 0 rg BT 530.93 147.10 Td (services, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 137.50 Td (including ) Tj ET Q q 0 0 0 rg BT 101.30 137.50 Td (video, ) Tj ET Q q 0 0 0 rg BT 124.87 137.50 Td (internet, ) Tj ET Q q 0 0 0 rg BT 156.00 137.50 Td (and ) Tj ET Q q 0 0 0 rg BT 171.57 137.50 Td (telephony ) Tj ET Q q 0 0 0 rg BT 208.49 137.50 Td (services.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 121.90 Td (3. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 121.90 Td (Basic ) Tj ET Q q 0 0 0 rg BT 89.72 121.90 Td (V) Tj ET Q q 0 0 0 rg BT 94.91 121.90 Td (ideo ) Tj ET Q q 0 0 0 rg BT 112.69 121.90 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 153.59 121.90 Td (is ) Tj ET Q q 0 0 0 rg BT 162.02 121.90 Td (a ) Tj ET Q q 0 0 0 rg BT 169.13 121.90 Td (home, ) Tj ET Q q 0 0 0 rg BT 194.02 121.90 Td (residential ) Tj ET Q q 0 0 0 rg BT 233.14 121.90 Td (multiple ) Tj ET Q q 0 0 0 rg BT 263.36 121.90 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 294.93 121.90 Td (unit ) Tj ET Q q 0 0 0 rg BT 310.48 121.90 Td (or ) Tj ET Q q 0 0 0 rg BT 320.25 121.90 Td (commercial ) Tj ET Q q 0 0 0 rg BT 363.80 121.90 Td (unit ) Tj ET Q q 0 0 0 rg BT 379.36 121.90 Td (that ) Tj ET Q q 0 0 0 rg BT 395.36 121.90 Td (receives ) Tj ET Q q 0 0 0 rg BT 427.80 121.90 Td (our ) Tj ET Q q 0 0 0 rg BT 442.02 121.90 Td (video ) Tj ET Q q 0 0 0 rg BT 463.81 121.90 Td (service ) Tj ET Q q 0 0 0 rg BT 491.80 121.90 Td (over ) Tj ET Q q 0 0 0 rg BT 510.02 121.90 Td (our ) Tj ET Q q 0 0 0 rg BT 524.24 121.90 Td (broadband ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 112.30 Td (network ) Tj ET Q q 0 0 0 rg BT 97.45 112.30 Td (either ) Tj ET Q q 0 0 0 rg BT 119.40 112.30 Td (via ) Tj ET Q q 0 0 0 rg BT 131.56 112.30 Td (an ) Tj ET Q q 0 0 0 rg BT 142.39 112.30 Td (analog ) Tj ET Q q 0 0 0 rg BT 168.35 112.30 Td (video ) Tj ET Q q 0 0 0 rg BT 189.41 112.30 Td (signal ) Tj ET Q q 0 0 0 rg BT 212.25 112.30 Td (or ) Tj ET Q q 0 0 0 rg BT 221.30 112.30 Td (via ) Tj ET Q q 0 0 0 rg BT 233.46 112.30 Td (a ) Tj ET Q q 0 0 0 rg BT 239.85 112.30 Td (digital ) Tj ET Q q 0 0 0 rg BT 262.69 112.30 Td (video ) Tj ET Q q 0 0 0 rg BT 283.75 112.30 Td (signal ) Tj ET Q q 0 0 0 rg BT 306.59 112.30 Td (without ) Tj ET Q q 0 0 0 rg BT 333.87 112.30 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 376.27 112.30 Td (to ) Tj ET Q q 0 0 0 rg BT 384.88 112.30 Td (any ) Tj ET Q q 0 0 0 rg BT 399.71 112.30 Td (recurring ) Tj ET Q q 0 0 0 rg BT 433.22 112.30 Td (monthly ) Tj ET Q q 0 0 0 rg BT 463.16 112.30 Td (service ) Tj ET Q q 0 0 0 rg BT 490.44 112.30 Td (that ) Tj ET Q q 0 0 0 rg BT 505.72 112.30 Td (requires ) Tj ET Q q 0 0 0 rg BT 536.56 112.30 Td (the ) Tj ET Q q 0 0 0 rg BT 549.61 112.30 Td (use ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 102.70 Td (of ) Tj ET Q q 0 0 0 rg BT 76.82 102.70 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 149.30 102.70 Td (technology) Tj ET Q q 0 0 0 rg BT 187.40 102.70 Td (. ) Tj ET Q q 0 0 0 rg BT 192.27 102.70 Td (Encryption-enabling ) Tj ET Q q 0 0 0 rg BT 265.64 102.70 Td (technology ) Tj ET Q q 0 0 0 rg BT 306.98 102.70 Td (includes ) Tj ET Q q 0 0 0 rg BT 338.99 102.70 Td (smart ) Tj ET Q q 0 0 0 rg BT 361.64 102.70 Td (cards, ) Tj ET Q q 0 0 0 rg BT 386.07 102.70 Td (or ) Tj ET Q q 0 0 0 rg BT 395.84 102.70 Td (other ) Tj ET Q q 0 0 0 rg BT 416.72 102.70 Td (integrated ) Tj ET Q q 0 0 0 rg BT 454.96 102.70 Td (or ) Tj ET Q q 0 0 0 rg BT 464.72 102.70 Td (virtual ) Tj ET Q q 0 0 0 rg BT 488.71 102.70 Td (technologies ) Tj ET Q q 0 0 0 rg BT 536.29 102.70 Td (that ) Tj ET Q q 0 0 0 rg BT 552.28 102.70 Td (we ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 93.10 Td (use ) Tj ET Q q 0 0 0 rg BT 82.64 93.10 Td (to ) Tj ET Q q 0 0 0 rg BT 91.55 93.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 120.03 93.10 Td (our ) Tj ET Q q 0 0 0 rg BT 133.84 93.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 171.22 93.10 Td (service ) Tj ET Q q 0 0 0 rg BT 198.80 93.10 Td (of) Tj ET Q q 0 0 0 rg BT 205.33 93.10 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 233.81 93.10 Td (W) Tj ET Q q 0 0 0 rg BT 241.21 93.10 Td (e ) Tj ET Q q 0 0 0 rg BT 247.90 93.10 Td (count ) Tj ET Q q 0 0 0 rg BT 269.71 93.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 303.98 93.10 Td (Generating ) Tj ET Q q 0 0 0 rg BT 345.80 93.10 Td (Units ) Tj ET Q q 0 0 0 rg BT 366.27 93.10 Td (\(RGUs\) ) Tj ET Q q 0 0 0 rg BT 400.94 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 412.08 93.10 Td (a ) Tj ET Q q 0 0 0 rg BT 418.77 93.10 Td (unique ) Tj ET Q q 0 0 0 rg BT 445.04 93.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 479.73 93.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 502.87 93.10 Td (In ) Tj ET Q q 0 0 0 rg BT 511.79 93.10 Td (other ) Tj ET Q q 0 0 0 rg BT 532.26 93.10 Td (words, ) Tj ET Q q 0 0 0 rg BT 558.07 93.10 Td (a ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 83.50 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 107.17 83.50 Td (with ) Tj ET Q q 0 0 0 rg BT 124.16 83.50 Td (multiple ) Tj ET Q q 0 0 0 rg BT 154.50 83.50 Td (outlets ) Tj ET Q q 0 0 0 rg BT 180.84 83.50 Td (in ) Tj ET Q q 0 0 0 rg BT 189.83 83.50 Td (one ) Tj ET Q q 0 0 0 rg BT 205.95 83.50 Td (premises ) Tj ET Q q 0 0 0 rg BT 241.17 83.50 Td (is ) Tj ET Q q 0 0 0 rg BT 249.71 83.50 Td (counted ) Tj ET Q q 0 0 0 rg BT 280.95 83.50 Td (as ) Tj ET Q q 0 0 0 rg BT 292.16 83.50 Td (one ) Tj ET Q q 0 0 0 rg BT 308.28 83.50 Td (RGU ) Tj ET Q q 0 0 0 rg BT 328.82 83.50 Td (and ) Tj ET Q q 0 0 0 rg BT 344.94 83.50 Td (a ) Tj ET Q q 0 0 0 rg BT 352.16 83.50 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 391.83 83.50 Td (with ) Tj ET Q q 0 0 0 rg BT 408.82 83.50 Td (two ) Tj ET Q q 0 0 0 rg BT 424.04 83.50 Td (homes ) Tj ET Q q 0 0 0 rg BT 450.82 83.50 Td (and ) Tj ET Q q 0 0 0 rg BT 466.93 83.50 Td (a ) Tj ET Q q 0 0 0 rg BT 474.15 83.50 Td (subscription ) Tj ET Q q 0 0 0 rg BT 519.60 83.50 Td (to ) Tj ET Q q 0 0 0 rg BT 529.04 83.50 Td (our ) Tj ET Q q 0 0 0 rg BT 543.37 83.50 Td (video ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 73.90 Td (service ) Tj ET Q q 0 0 0 rg BT 95.06 73.90 Td (at ) Tj ET Q q 0 0 0 rg BT 103.96 73.90 Td (each ) Tj ET Q q 0 0 0 rg BT 123.53 73.90 Td (home ) Tj ET Q q 0 0 0 rg BT 145.76 73.90 Td (is ) Tj ET Q q 0 0 0 rg BT 153.76 73.90 Td (counted ) Tj ET Q q 0 0 0 rg BT 184.45 73.90 Td (as ) Tj ET Q q 0 0 0 rg BT 195.13 73.90 Td (two ) Tj ET Q q 0 0 0 rg BT 209.80 73.90 Td (RGUs.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 58.30 Td (4. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 58.30 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.37 58.30 Td (V) Tj ET Q q 0 0 0 rg BT 110.56 58.30 Td (ideo ) Tj ET Q q 0 0 0 rg BT 127.52 58.30 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 167.59 58.30 Td (is ) Tj ET Q q 0 0 0 rg BT 175.20 58.30 Td (a ) Tj ET Q q 0 0 0 rg BT 181.48 58.30 Td (home, ) Tj ET Q q 0 0 0 rg BT 205.55 58.30 Td (residential ) Tj ET Q q 0 0 0 rg BT 243.85 58.30 Td (multiple ) Tj ET Q q 0 0 0 rg BT 273.25 58.30 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 303.99 58.30 Td (unit ) Tj ET Q q 0 0 0 rg BT 318.72 58.30 Td (or ) Tj ET Q q 0 0 0 rg BT 327.67 58.30 Td (commercial ) Tj ET Q q 0 0 0 rg BT 370.40 58.30 Td (unit ) Tj ET Q q 0 0 0 rg BT 385.13 58.30 Td (that ) Tj ET Q q 0 0 0 rg BT 400.31 58.30 Td (receives ) Tj ET Q q 0 0 0 rg BT 431.93 58.30 Td (our ) Tj ET Q q 0 0 0 rg BT 445.33 58.30 Td (video ) Tj ET Q q 0 0 0 rg BT 466.29 58.30 Td (service ) Tj ET Q q 0 0 0 rg BT 493.46 58.30 Td (over ) Tj ET Q q 0 0 0 rg BT 510.86 58.30 Td (our ) Tj ET Q q 0 0 0 rg BT 524.25 58.30 Td (broadband ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 48.70 Td (network ) Tj ET Q q 0 0 0 rg BT 98.39 48.70 Td (or ) Tj ET Q q 0 0 0 rg BT 108.37 48.70 Td (through ) Tj ET Q q 0 0 0 rg BT 138.38 48.70 Td (a ) Tj ET Q q 0 0 0 rg BT 145.70 48.70 Td (partner ) Tj ET Q q 0 0 0 rg BT 173.92 48.70 Td (network ) Tj ET Q q 0 0 0 rg BT 204.81 48.70 Td (via ) Tj ET Q q 0 0 0 rg BT 217.91 48.70 Td (a ) Tj ET Q q 0 0 0 rg BT 225.23 48.70 Td (digital ) Tj ET Q q 0 0 0 rg BT 249.01 48.70 Td (video ) Tj ET Q q 0 0 0 rg BT 271.01 48.70 Td (signal ) Tj ET Q q 0 0 0 rg BT 294.79 48.70 Td (while ) Tj ET Q q 0 0 0 rg BT 315.89 48.70 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 359.23 48.70 Td (to ) Tj ET Q q 0 0 0 rg BT 368.78 48.70 Td (any ) Tj ET Q q 0 0 0 rg BT 384.55 48.70 Td (recurring ) Tj ET Q q 0 0 0 rg BT 418.99 48.70 Td (monthly ) Tj ET Q q 0 0 0 rg BT 449.87 48.70 Td (service ) Tj ET Q q 0 0 0 rg BT 478.09 48.70 Td (that ) Tj ET Q q 0 0 0 rg BT 494.31 48.70 Td (requires ) Tj ET Q q 0 0 0 rg BT 526.08 48.70 Td (the ) Tj ET Q q 0 0 0 rg BT 540.08 48.70 Td (use ) Tj ET Q q 0 0 0 rg BT 555.85 48.70 Td (of ) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 21.60 Td (I-6) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 139.80 714.20 Td (technology) Tj ET Q q 0 0 0 rg BT 177.90 714.20 Td (. ) Tj ET Q q 0 0 0 rg BT 182.60 714.20 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 221.11 714.20 Td (V) Tj ET Q q 0 0 0 rg BT 226.30 714.20 Td (ideo ) Tj ET Q q 0 0 0 rg BT 243.91 714.20 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 288.62 714.20 Td (are ) Tj ET Q q 0 0 0 rg BT 302.66 714.20 Td (counted ) Tj ET Q q 0 0 0 rg BT 333.61 714.20 Td (on ) Tj ET Q q 0 0 0 rg BT 344.98 714.20 Td (a ) Tj ET Q q 0 0 0 rg BT 351.91 714.20 Td (unique ) Tj ET Q q 0 0 0 rg BT 378.41 714.20 Td (premises ) Tj ET Q q 0 0 0 rg BT 413.34 714.20 Td (basis. ) Tj ET Q q 0 0 0 rg BT 436.72 714.20 Td (For ) Tj ET Q q 0 0 0 rg BT 451.20 714.20 Td (example, ) Tj ET Q q 0 0 0 rg BT 486.13 714.20 Td (a ) Tj ET Q q 0 0 0 rg BT 493.06 714.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 532.44 714.20 Td (with ) Tj ET Q q 0 0 0 rg BT 549.15 714.20 Td (one ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (or ) Tj ET Q q 0 0 0 rg BT 75.89 704.60 Td (more ) Tj ET Q q 0 0 0 rg BT 95.40 704.60 Td (set-top ) Tj ET Q q 0 0 0 rg BT 121.14 704.60 Td (boxes ) Tj ET Q q 0 0 0 rg BT 143.76 704.60 Td (that ) Tj ET Q q 0 0 0 rg BT 158.39 704.60 Td (receives ) Tj ET Q q 0 0 0 rg BT 189.46 704.60 Td (our ) Tj ET Q q 0 0 0 rg BT 202.30 704.60 Td (video ) Tj ET Q q 0 0 0 rg BT 222.70 704.60 Td (service ) Tj ET Q q 0 0 0 rg BT 249.32 704.60 Td (in ) Tj ET Q q 0 0 0 rg BT 256.83 704.60 Td (one ) Tj ET Q q 0 0 0 rg BT 271.46 704.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 305.19 704.60 Td (is ) Tj ET Q q 0 0 0 rg BT 312.25 704.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 345.99 704.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 375.74 704.60 Td (as ) Tj ET Q q 0 0 0 rg BT 385.47 704.60 Td (just ) Tj ET Q q 0 0 0 rg BT 399.20 704.60 Td (one ) Tj ET Q q 0 0 0 rg BT 413.83 704.60 Td (subscriber) Tj ET Q q 0 0 0 rg BT 450.29 704.60 Td (.) Tj ET Q q 0 0 0 rg BT 454.29 704.60 Td (An ) Tj ET Q q 0 0 0 rg BT 465.35 704.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 502.67 704.60 Td (V) Tj ET Q q 0 0 0 rg BT 507.86 704.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 524.26 704.60 Td (Subscriber ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (is ) Tj ET Q q 0 0 0 rg BT 75.94 695.00 Td (not ) Tj ET Q q 0 0 0 rg BT 89.71 695.00 Td (counted ) Tj ET Q q 0 0 0 rg BT 120.84 695.00 Td (as ) Tj ET Q q 0 0 0 rg BT 131.95 695.00 Td (a ) Tj ET Q q 0 0 0 rg BT 139.05 695.00 Td (Basic ) Tj ET Q q 0 0 0 rg BT 161.27 695.00 Td (V) Tj ET Q q 0 0 0 rg BT 166.47 695.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 184.25 695.00 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 222.05 695.00 Td (.) Tj ET Q q 0 0 0 rg BT 226.05 695.00 Td (As ) Tj ET Q q 0 0 0 rg BT 238.04 695.00 Td (we ) Tj ET Q q 0 0 0 rg BT 250.93 695.00 Td (migrate ) Tj ET Q q 0 0 0 rg BT 280.26 695.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 319.82 695.00 Td (from ) Tj ET Q q 0 0 0 rg BT 338.47 695.00 Td (basic ) Tj ET Q q 0 0 0 rg BT 359.81 695.00 Td (to ) Tj ET Q q 0 0 0 rg BT 369.14 695.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 406.94 695.00 Td (video ) Tj ET Q q 0 0 0 rg BT 428.72 695.00 Td (services, ) Tj ET Q q 0 0 0 rg BT 462.94 695.00 Td (we ) Tj ET Q q 0 0 0 rg BT 475.83 695.00 Td (report ) Tj ET Q q 0 0 0 rg BT 499.38 695.00 Td (a ) Tj ET Q q 0 0 0 rg BT 506.49 695.00 Td (decrease ) Tj ET Q q 0 0 0 rg BT 542.06 695.00 Td (in ) Tj ET Q q 0 0 0 rg BT 550.94 695.00 Td (our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 685.40 Td (Basic ) Tj ET Q q 0 0 0 rg BT 89.35 685.40 Td (V) Tj ET Q q 0 0 0 rg BT 94.54 685.40 Td (ideo ) Tj ET Q q 0 0 0 rg BT 111.96 685.40 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 156.49 685.40 Td (equal ) Tj ET Q q 0 0 0 rg BT 178.36 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 187.32 685.40 Td (the ) Tj ET Q q 0 0 0 rg BT 200.73 685.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 233.26 685.40 Td (in ) Tj ET Q q 0 0 0 rg BT 241.78 685.40 Td (our ) Tj ET Q q 0 0 0 rg BT 255.63 685.40 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 293.95 685.40 Td (V) Tj ET Q q 0 0 0 rg BT 299.14 685.40 Td (ideo ) Tj ET Q q 0 0 0 rg BT 316.56 685.40 Td (Subscribers.Subscribers ) Tj ET Q q 0 0 0 rg BT 407.77 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 416.74 685.40 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 454.17 685.40 Td (video ) Tj ET Q q 0 0 0 rg BT 475.59 685.40 Td (services ) Tj ET Q q 0 0 0 rg BT 507.22 685.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 540.20 685.40 Td (by ) Tj ET Q q 0 0 0 rg BT 550.94 685.40 Td (our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 675.80 Td (operations ) Tj ET Q q 0 0 0 rg BT 107.08 675.80 Td (over ) Tj ET Q q 0 0 0 rg BT 124.87 675.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 152.44 675.80 Td (networks ) Tj ET Q q 0 0 0 rg BT 186.67 675.80 Td (receive ) Tj ET Q q 0 0 0 rg BT 214.68 675.80 Td (basic ) Tj ET Q q 0 0 0 rg BT 235.58 675.80 Td (video ) Tj ET Q q 0 0 0 rg BT 256.93 675.80 Td (services ) Tj ET Q q 0 0 0 rg BT 288.49 675.80 Td (from ) Tj ET Q q 0 0 0 rg BT 306.71 675.80 Td (the ) Tj ET Q q 0 0 0 rg BT 320.06 675.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 347.63 675.80 Td (networks ) Tj ET Q q 0 0 0 rg BT 381.86 675.80 Td (as ) Tj ET Q q 0 0 0 rg BT 392.54 675.80 Td (opposed ) Tj ET Q q 0 0 0 rg BT 425.45 675.80 Td (to ) Tj ET Q q 0 0 0 rg BT 434.35 675.80 Td (our ) Tj ET Q q 0 0 0 rg BT 448.13 675.80 Td (operations.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 660.20 Td (5. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 660.20 Td (Internet ) Tj ET Q q 0 0 0 rg BT 97.10 660.20 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 137.81 660.20 Td (is ) Tj ET Q q 0 0 0 rg BT 146.06 660.20 Td (a ) Tj ET Q q 0 0 0 rg BT 152.99 660.20 Td (home, ) Tj ET Q q 0 0 0 rg BT 177.69 660.20 Td (residential ) Tj ET Q q 0 0 0 rg BT 216.63 660.20 Td (multiple ) Tj ET Q q 0 0 0 rg BT 246.67 660.20 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 278.05 660.20 Td (unit ) Tj ET Q q 0 0 0 rg BT 293.42 660.20 Td (or ) Tj ET Q q 0 0 0 rg BT 303.01 660.20 Td (commercial ) Tj ET Q q 0 0 0 rg BT 346.38 660.20 Td (unit ) Tj ET Q q 0 0 0 rg BT 361.75 660.20 Td (that ) Tj ET Q q 0 0 0 rg BT 377.56 660.20 Td (receives ) Tj ET Q q 0 0 0 rg BT 409.83 660.20 Td (internet ) Tj ET Q q 0 0 0 rg BT 438.98 660.20 Td (services ) Tj ET Q q 0 0 0 rg BT 470.80 660.20 Td (over ) Tj ET Q q 0 0 0 rg BT 488.83 660.20 Td (our ) Tj ET Q q 0 0 0 rg BT 502.87 660.20 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.58 660.20 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 660.20 Td (that ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (we ) Tj ET Q q 0 0 0 rg BT 79.95 650.60 Td (service ) Tj ET Q q 0 0 0 rg BT 107.51 650.60 Td (through ) Tj ET Q q 0 0 0 rg BT 136.87 650.60 Td (a ) Tj ET Q q 0 0 0 rg BT 143.54 650.60 Td (partner ) Tj ET Q q 0 0 0 rg BT 171.11 650.60 Td (network.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 635.00 Td (6. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 635.00 Td (T) Tj ET Q q 0 0 0 rg BT 71.50 635.00 Td (elephony ) Tj ET Q q 0 0 0 rg BT 106.38 635.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 147.02 635.00 Td (is ) Tj ET Q q 0 0 0 rg BT 155.21 635.00 Td (a ) Tj ET Q q 0 0 0 rg BT 162.06 635.00 Td (home, ) Tj ET Q q 0 0 0 rg BT 186.70 635.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 225.57 635.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 255.55 635.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 286.86 635.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 302.16 635.00 Td (or ) Tj ET Q q 0 0 0 rg BT 311.68 635.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 354.98 635.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 370.29 635.00 Td (that ) Tj ET Q q 0 0 0 rg BT 386.04 635.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 418.23 635.00 Td (voice ) Tj ET Q q 0 0 0 rg BT 439.32 635.00 Td (services ) Tj ET Q q 0 0 0 rg BT 471.06 635.00 Td (over ) Tj ET Q q 0 0 0 rg BT 489.03 635.00 Td (our ) Tj ET Q q 0 0 0 rg BT 503.00 635.00 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.64 635.00 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 635.00 Td (that ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 625.40 Td (we ) Tj ET Q q 0 0 0 rg BT 79.95 625.40 Td (service ) Tj ET Q q 0 0 0 rg BT 107.51 625.40 Td (through ) Tj ET Q q 0 0 0 rg BT 136.87 625.40 Td (a ) Tj ET Q q 0 0 0 rg BT 143.54 625.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 171.11 625.40 Td (network. ) Tj ET Q q 0 0 0 rg BT 203.42 625.40 Td (T) Tj ET Q q 0 0 0 rg BT 207.42 625.40 Td (elephony ) Tj ET Q q 0 0 0 rg BT 242.12 625.40 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 286.58 625.40 Td (exclude ) Tj ET Q q 0 0 0 rg BT 316.38 625.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 342.16 625.40 Td (telephony ) Tj ET Q q 0 0 0 rg BT 379.08 625.40 Td (subscribers. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 609.80 Td (7. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 609.80 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.87 609.80 Td (video ) Tj ET Q q 0 0 0 rg BT 127.33 609.80 Td (penetration ) Tj ET Q q 0 0 0 rg BT 169.69 609.80 Td (is ) Tj ET Q q 0 0 0 rg BT 177.80 609.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 216.16 609.80 Td (by ) Tj ET Q q 0 0 0 rg BT 226.94 609.80 Td (dividing ) Tj ET Q q 0 0 0 rg BT 256.41 609.80 Td (the ) Tj ET Q q 0 0 0 rg BT 269.86 609.80 Td (number ) Tj ET Q q 0 0 0 rg BT 299.32 609.80 Td (of ) Tj ET Q q 0 0 0 rg BT 308.33 609.80 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 345.81 609.80 Td (video ) Tj ET Q q 0 0 0 rg BT 367.27 609.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 410.50 609.80 Td (by ) Tj ET Q q 0 0 0 rg BT 421.29 609.80 Td (the ) Tj ET Q q 0 0 0 rg BT 434.74 609.80 Td (total ) Tj ET Q q 0 0 0 rg BT 452.20 609.80 Td (number ) Tj ET Q q 0 0 0 rg BT 481.66 609.80 Td (of ) Tj ET Q q 0 0 0 rg BT 490.67 609.80 Td (basic ) Tj ET Q q 0 0 0 rg BT 511.68 609.80 Td (and ) Tj ET Q q 0 0 0 rg BT 527.36 609.80 Td (enhanced ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 600.20 Td (video ) Tj ET Q q 0 0 0 rg BT 88.85 600.20 Td (subscribers.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 584.60 Td (8. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 584.60 Td (Internet ) Tj ET Q q 0 0 0 rg BT 96.64 584.60 Td (and ) Tj ET Q q 0 0 0 rg BT 111.99 584.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 148.69 584.60 Td (penetration ) Tj ET Q q 0 0 0 rg BT 190.73 584.60 Td (is ) Tj ET Q q 0 0 0 rg BT 198.51 584.60 Td (calculated ) Tj ET Q q 0 0 0 rg BT 236.54 584.60 Td (by ) Tj ET Q q 0 0 0 rg BT 247.00 584.60 Td (dividing ) Tj ET Q q 0 0 0 rg BT 276.14 584.60 Td (the ) Tj ET Q q 0 0 0 rg BT 289.26 584.60 Td (number ) Tj ET Q q 0 0 0 rg BT 318.40 584.60 Td (of ) Tj ET Q q 0 0 0 rg BT 327.08 584.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 355.77 584.60 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 379.55 584.60 Td (and ) Tj ET Q q 0 0 0 rg BT 394.90 584.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 431.61 584.60 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 457.61 584.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 499.26 584.60 Td (, ) Tj ET Q q 0 0 0 rg BT 503.49 584.60 Td (by ) Tj ET Q q 0 0 0 rg BT 513.94 584.60 Td (total ) Tj ET Q q 0 0 0 rg BT 530.94 584.60 Td (T) Tj ET Q q 0 0 0 rg BT 535.39 584.60 Td (wo-way ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 575.00 Td (Homes ) Tj ET Q q 0 0 0 rg BT 95.06 575.00 Td (Passed.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 559.40 Td (9. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 559.40 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 88.95 559.40 Td (Customer ) Tj ET Q q 0 0 0 rg BT 125.50 559.40 Td (Relationships ) Tj ET Q q 0 0 0 rg BT 175.41 559.40 Td (are ) Tj ET Q q 0 0 0 rg BT 188.86 559.40 Td (the ) Tj ET Q q 0 0 0 rg BT 201.86 559.40 Td (number ) Tj ET Q q 0 0 0 rg BT 230.87 559.40 Td (of ) Tj ET Q q 0 0 0 rg BT 239.43 559.40 Td (customers ) Tj ET Q q 0 0 0 rg BT 278.21 559.40 Td (who ) Tj ET Q q 0 0 0 rg BT 294.77 559.40 Td (receive ) Tj ET Q q 0 0 0 rg BT 322.44 559.40 Td (at ) Tj ET Q q 0 0 0 rg BT 330.99 559.40 Td (least ) Tj ET Q q 0 0 0 rg BT 349.77 559.40 Td (one ) Tj ET Q q 0 0 0 rg BT 365.00 559.40 Td (of ) Tj ET Q q 0 0 0 rg BT 373.56 559.40 Td (our ) Tj ET Q q 0 0 0 rg BT 387.00 559.40 Td (video, ) Tj ET Q q 0 0 0 rg BT 410.23 559.40 Td (internet ) Tj ET Q q 0 0 0 rg BT 438.80 559.40 Td (or ) Tj ET Q q 0 0 0 rg BT 447.80 559.40 Td (telephony ) Tj ET Q q 0 0 0 rg BT 484.38 559.40 Td (services ) Tj ET Q q 0 0 0 rg BT 515.60 559.40 Td (that ) Tj ET Q q 0 0 0 rg BT 530.82 559.40 Td (we ) Tj ET Q q 0 0 0 rg BT 542.93 559.40 Td (count ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 549.80 Td (as ) Tj ET Q q 0 0 0 rg BT 78.13 549.80 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 104.32 549.80 Td (without ) Tj ET Q q 0 0 0 rg BT 131.85 549.80 Td (regard ) Tj ET Q q 0 0 0 rg BT 157.16 549.80 Td (to ) Tj ET Q q 0 0 0 rg BT 166.02 549.80 Td (which ) Tj ET Q q 0 0 0 rg BT 188.65 549.80 Td (or ) Tj ET Q q 0 0 0 rg BT 197.95 549.80 Td (to ) Tj ET Q q 0 0 0 rg BT 206.81 549.80 Td (how ) Tj ET Q q 0 0 0 rg BT 223.67 549.80 Td (many ) Tj ET Q q 0 0 0 rg BT 245.42 549.80 Td (services ) Tj ET Q q 0 0 0 rg BT 276.94 549.80 Td (they ) Tj ET Q q 0 0 0 rg BT 294.25 549.80 Td (subscribe. ) Tj ET Q q 0 0 0 rg BT 332.89 549.80 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 354.64 549.80 Td (Customer ) Tj ET Q q 0 0 0 rg BT 391.50 549.80 Td (Relationships ) Tj ET Q q 0 0 0 rg BT 441.71 549.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 476.36 549.80 Td (are ) Tj ET Q q 0 0 0 rg BT 490.11 549.80 Td (counted ) Tj ET Q q 0 0 0 rg BT 520.76 549.80 Td (on ) Tj ET Q q 0 0 0 rg BT 531.84 549.80 Td (a ) Tj ET Q q 0 0 0 rg BT 538.48 549.80 Td (unique ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 540.20 Td (premises ) Tj ET Q q 0 0 0 rg BT 101.98 540.20 Td (basis. ) Tj ET Q q 0 0 0 rg BT 124.49 540.20 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 165.25 540.20 Td (, ) Tj ET Q q 0 0 0 rg BT 169.50 540.20 Td (if ) Tj ET Q q 0 0 0 rg BT 175.52 540.20 Td (an ) Tj ET Q q 0 0 0 rg BT 186.44 540.20 Td (individual ) Tj ET Q q 0 0 0 rg BT 221.82 540.20 Td (receives ) Tj ET Q q 0 0 0 rg BT 253.63 540.20 Td (our ) Tj ET Q q 0 0 0 rg BT 267.21 540.20 Td (services ) Tj ET Q q 0 0 0 rg BT 298.57 540.20 Td (in ) Tj ET Q q 0 0 0 rg BT 306.82 540.20 Td (two ) Tj ET Q q 0 0 0 rg BT 321.29 540.20 Td (premises ) Tj ET Q q 0 0 0 rg BT 355.77 540.20 Td (\(e.g., ) Tj ET Q q 0 0 0 rg BT 376.02 540.20 Td (a ) Tj ET Q q 0 0 0 rg BT 382.49 540.20 Td (primary ) Tj ET Q q 0 0 0 rg BT 411.18 540.20 Td (home ) Tj ET Q q 0 0 0 rg BT 433.22 540.20 Td (and ) Tj ET Q q 0 0 0 rg BT 448.58 540.20 Td (a ) Tj ET Q q 0 0 0 rg BT 455.06 540.20 Td (vacation ) Tj ET Q q 0 0 0 rg BT 486.88 540.20 Td (home\), ) Tj ET Q q 0 0 0 rg BT 513.80 540.20 Td (that ) Tj ET Q q 0 0 0 rg BT 529.16 540.20 Td (individual ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 530.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 102.19 530.60 Td (will ) Tj ET Q q 0 0 0 rg BT 115.52 530.60 Td (count ) Tj ET Q q 0 0 0 rg BT 137.31 530.60 Td (as ) Tj ET Q q 0 0 0 rg BT 147.98 530.60 Td (two ) Tj ET Q q 0 0 0 rg BT 162.66 530.60 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 184.44 530.60 Td (Customer ) Tj ET Q q 0 0 0 rg BT 221.34 530.60 Td (Relationships. ) Tj ET Q q 0 0 0 rg BT 273.81 530.60 Td (W) Tj ET Q q 0 0 0 rg BT 281.22 530.60 Td (e ) Tj ET Q q 0 0 0 rg BT 287.89 530.60 Td (exclude ) Tj ET Q q 0 0 0 rg BT 317.69 530.60 Td (mobile-only ) Tj ET Q q 0 0 0 rg BT 360.82 530.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 399.94 530.60 Td (from ) Tj ET Q q 0 0 0 rg BT 418.16 530.60 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 439.95 530.60 Td (Customer ) Tj ET Q q 0 0 0 rg BT 476.84 530.60 Td (Relationships.) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 515.00 Td (10. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 515.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 83.54 515.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 109.80 515.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 149.40 515.00 Td (count ) Tj ET Q q 0 0 0 rg BT 171.67 515.00 Td (represents ) Tj ET Q q 0 0 0 rg BT 212.17 515.00 Td (the ) Tj ET Q q 0 0 0 rg BT 225.99 515.00 Td (number ) Tj ET Q q 0 0 0 rg BT 255.81 515.00 Td (of ) Tj ET Q q 0 0 0 rg BT 265.18 515.00 Td (active ) Tj ET Q q 0 0 0 rg BT 288.78 515.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 328.38 515.00 Td (identification ) Tj ET Q q 0 0 0 rg BT 375.55 515.00 Td (module ) Tj ET Q q 0 0 0 rg BT 404.49 515.00 Td (\(SIM\) ) Tj ET Q q 0 0 0 rg BT 432.07 515.00 Td (cards ) Tj ET Q q 0 0 0 rg BT 454.33 515.00 Td (in ) Tj ET Q q 0 0 0 rg BT 463.26 515.00 Td (service ) Tj ET Q q 0 0 0 rg BT 491.30 515.00 Td (rather ) Tj ET Q q 0 0 0 rg BT 514.89 515.00 Td (than ) Tj ET Q q 0 0 0 rg BT 533.16 515.00 Td (services ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 505.40 Td (provided. ) Tj ET Q q 0 0 0 rg BT 102.91 505.40 Td (For ) Tj ET Q q 0 0 0 rg BT 117.40 505.40 Td (example, ) Tj ET Q q 0 0 0 rg BT 152.36 505.40 Td (if ) Tj ET Q q 0 0 0 rg BT 158.85 505.40 Td (a ) Tj ET Q q 0 0 0 rg BT 165.80 505.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 191.86 505.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 231.25 505.40 Td (has ) Tj ET Q q 0 0 0 rg BT 246.65 505.40 Td (both ) Tj ET Q q 0 0 0 rg BT 264.71 505.40 Td (a ) Tj ET Q q 0 0 0 rg BT 271.66 505.40 Td (data ) Tj ET Q q 0 0 0 rg BT 289.72 505.40 Td (and ) Tj ET Q q 0 0 0 rg BT 305.57 505.40 Td (voice ) Tj ET Q q 0 0 0 rg BT 326.74 505.40 Td (plan ) Tj ET Q q 0 0 0 rg BT 344.36 505.40 Td (on ) Tj ET Q q 0 0 0 rg BT 355.75 505.40 Td (a ) Tj ET Q q 0 0 0 rg BT 362.70 505.40 Td (smartphone ) Tj ET Q q 0 0 0 rg BT 407.44 505.40 Td (this ) Tj ET Q q 0 0 0 rg BT 422.38 505.40 Td (would ) Tj ET Q q 0 0 0 rg BT 445.78 505.40 Td (equate ) Tj ET Q q 0 0 0 rg BT 472.74 505.40 Td (to ) Tj ET Q q 0 0 0 rg BT 481.91 505.40 Td (one ) Tj ET Q q 0 0 0 rg BT 497.75 505.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 523.81 505.40 Td (subscriber) Tj ET Q q 0 0 0 rg BT 560.27 505.40 Td (. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 495.80 Td (Alternatively) Tj ET Q q 0 0 0 rg BT 110.48 495.80 Td (, ) Tj ET Q q 0 0 0 rg BT 115.01 495.80 Td (a ) Tj ET Q q 0 0 0 rg BT 121.76 495.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 160.97 495.80 Td (who ) Tj ET Q q 0 0 0 rg BT 177.95 495.80 Td (has ) Tj ET Q q 0 0 0 rg BT 193.15 495.80 Td (a ) Tj ET Q q 0 0 0 rg BT 199.90 495.80 Td (voice ) Tj ET Q q 0 0 0 rg BT 220.88 495.80 Td (and ) Tj ET Q q 0 0 0 rg BT 236.54 495.80 Td (data ) Tj ET Q q 0 0 0 rg BT 254.41 495.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 271.84 495.80 Td (for ) Tj ET Q q 0 0 0 rg BT 283.48 495.80 Td (a ) Tj ET Q q 0 0 0 rg BT 290.23 495.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 316.10 495.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 346.88 495.80 Td (and ) Tj ET Q q 0 0 0 rg BT 362.53 495.80 Td (a ) Tj ET Q q 0 0 0 rg BT 369.28 495.80 Td (data ) Tj ET Q q 0 0 0 rg BT 387.16 495.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 404.58 495.80 Td (for ) Tj ET Q q 0 0 0 rg BT 416.23 495.80 Td (a ) Tj ET Q q 0 0 0 rg BT 422.98 495.80 Td (laptop ) Tj ET Q q 0 0 0 rg BT 447.08 495.80 Td (\(mobile ) Tj ET Q q 0 0 0 rg BT 475.61 495.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 516.18 495.80 Td (or ) Tj ET Q q 0 0 0 rg BT 525.59 495.80 Td (secondary ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 486.20 Td (SIM\) ) Tj ET Q q 0 0 0 rg BT 86.39 486.20 Td (would ) Tj ET Q q 0 0 0 rg BT 109.30 486.20 Td (be ) Tj ET Q q 0 0 0 rg BT 120.20 486.20 Td (counted ) Tj ET Q q 0 0 0 rg BT 150.67 486.20 Td (as ) Tj ET Q q 0 0 0 rg BT 161.13 486.20 Td (two ) Tj ET Q q 0 0 0 rg BT 175.58 486.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 201.15 486.20 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 246.28 486.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 261.62 486.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 287.19 486.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 326.10 486.20 Td (count ) Tj ET Q q 0 0 0 rg BT 347.67 486.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 379.03 486.20 Td (both ) Tj ET Q q 0 0 0 rg BT 396.60 486.20 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 425.30 486.20 Td (and ) Tj ET Q q 0 0 0 rg BT 440.65 486.20 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 472.90 486.20 Td (plans. ) Tj ET Q q 0 0 0 rg BT 496.25 486.20 Td (Customers ) Tj ET Q q 0 0 0 rg BT 536.93 486.20 Td (who ) Tj ET Q q 0 0 0 rg BT 553.61 486.20 Td (do ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 476.60 Td (not ) Tj ET Q q 0 0 0 rg BT 80.84 476.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 95.96 476.60 Td (a ) Tj ET Q q 0 0 0 rg BT 102.64 476.60 Td (recurring ) Tj ET Q q 0 0 0 rg BT 136.43 476.60 Td (monthly ) Tj ET Q q 0 0 0 rg BT 166.66 476.60 Td (fee ) Tj ET Q q 0 0 0 rg BT 180.00 476.60 Td (are ) Tj ET Q q 0 0 0 rg BT 193.79 476.60 Td (excluded ) Tj ET Q q 0 0 0 rg BT 228.04 476.60 Td (from ) Tj ET Q q 0 0 0 rg BT 246.26 476.60 Td (our ) Tj ET Q q 0 0 0 rg BT 260.04 476.60 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 288.95 476.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 314.74 476.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 351.66 476.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 390.79 476.60 Td (counts ) Tj ET Q q 0 0 0 rg BT 416.58 476.60 Td (after ) Tj ET Q q 0 0 0 rg BT 434.81 476.60 Td (a ) Tj ET Q q 0 0 0 rg BT 441.48 476.60 Td (period ) Tj ET Q q 0 0 0 rg BT 465.94 476.60 Td (of ) Tj ET Q q 0 0 0 rg BT 474.84 476.60 Td (inactivity ) Tj ET Q q 0 0 0 rg BT 507.73 476.60 Td (of ) Tj ET Q q 0 0 0 rg BT 516.63 476.60 Td (15 ) Tj ET Q q 0 0 0 rg BT 527.75 476.60 Td (months. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 49.50 461.00 Td (1) Tj ET Q q 0 0 0 rg BT 53.36 461.00 Td (1. ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 461.00 Td (Converged ) Tj ET Q q 0 0 0 rg BT 108.70 461.00 Td (households ) Tj ET Q q 0 0 0 rg BT 151.69 461.00 Td (or ) Tj ET Q q 0 0 0 rg BT 160.86 461.00 Td (converged ) Tj ET Q q 0 0 0 rg BT 200.29 461.00 Td (SIMs ) Tj ET Q q 0 0 0 rg BT 220.57 461.00 Td (represent ) Tj ET Q q 0 0 0 rg BT 256.43 461.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 295.40 461.00 Td (in ) Tj ET Q q 0 0 0 rg BT 303.69 461.00 Td (either ) Tj ET Q q 0 0 0 rg BT 325.76 461.00 Td (our ) Tj ET Q q 0 0 0 rg BT 339.39 461.00 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 378.36 461.00 Td (or ) Tj ET Q q 0 0 0 rg BT 387.53 461.00 Td (small ) Tj ET Q q 0 0 0 rg BT 408.27 461.00 Td (of) Tj ET Q q 0 0 0 rg BT 414.79 461.00 Td (fice/home ) Tj ET Q q 0 0 0 rg BT 451.54 461.00 Td (of) Tj ET Q q 0 0 0 rg BT 458.07 461.00 Td (fice ) Tj ET Q q 0 0 0 rg BT 472.58 461.00 Td (\(SOHO, ) Tj ET Q q 0 0 0 rg BT 508.42 461.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 542.95 461.00 Td (fewer ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 451.40 Td (than ) Tj ET Q q 0 0 0 rg BT 85.21 451.40 Td (5 ) Tj ET Q q 0 0 0 rg BT 91.79 451.40 Td (employees\) ) Tj ET Q q 0 0 0 rg BT 135.28 451.40 Td (segment ) Tj ET Q q 0 0 0 rg BT 168.10 451.40 Td (that ) Tj ET Q q 0 0 0 rg BT 183.58 451.40 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 219.95 451.40 Td (to ) Tj ET Q q 0 0 0 rg BT 228.76 451.40 Td (both ) Tj ET Q q 0 0 0 rg BT 246.46 451.40 Td (a ) Tj ET Q q 0 0 0 rg BT 253.05 451.40 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 287.20 451.40 Td (digital ) Tj ET Q q 0 0 0 rg BT 310.10 451.40 Td (TV ) Tj ET Q q 0 0 0 rg BT 322.46 451.40 Td (and ) Tj ET Q q 0 0 0 rg BT 337.94 451.40 Td (an ) Tj ET Q q 0 0 0 rg BT 348.98 451.40 Td (internet ) Tj ET Q q 0 0 0 rg BT 377.80 451.40 Td (service ) Tj ET Q q 0 0 0 rg BT 405.27 451.40 Td ( ) Tj ET Q q 0 0 0 rg BT 407.41 451.40 Td (\(like ) Tj ET Q q 0 0 0 rg BT 424.21 451.40 Td (Connect ) Tj ET Q q 0 0 0 rg BT 456.14 451.40 Td (Start, ) Tj ET Q q 0 0 0 rg BT 477.40 451.40 Td (Complete ) Tj ET Q q 0 0 0 rg BT 513.77 451.40 Td (and ) Tj ET Q q 0 0 0 rg BT 529.25 451.40 Td (Max\) ) Tj ET Q q 0 0 0 rg BT 549.17 451.40 Td (and ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 441.80 Td (a ) Tj ET Q q 0 0 0 rg BT 74.17 441.80 Td (V) Tj ET Q q 0 0 0 rg BT 79.07 441.80 Td (odafone ) Tj ET Q q 0 0 0 rg BT 110.21 441.80 Td (branded ) Tj ET Q q 0 0 0 rg BT 141.79 441.80 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 174.26 441.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 200.05 441.80 Td (telephony ) Tj ET Q q 0 0 0 rg BT 236.96 441.80 Td (service ) Tj ET Q q 0 0 0 rg BT 264.53 441.80 Td (\(Start ) Tj ET Q q 0 0 0 rg BT 286.31 441.80 Td (and ) Tj ET Q q 0 0 0 rg BT 301.88 441.80 Td (Red\).) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 423.80 Td (History) 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 67.50 405.80 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 405.80 Td (e ) Tj ET Q q 0 0 0 rg BT 82.98 405.80 Td (provide ) Tj ET Q q 0 0 0 rg BT 115.94 405.80 Td (video, ) Tj ET Q q 0 0 0 rg BT 143.07 405.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 187.68 405.80 Td (internet, ) Tj ET Q q 0 0 0 rg BT 223.13 405.80 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 264.41 405.80 Td (telephony) Tj ET Q q 0 0 0 rg BT 303.20 405.80 Td (, ) Tj ET Q q 0 0 0 rg BT 308.11 405.80 Td (and ) Tj ET Q q 0 0 0 rg BT 324.95 405.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 355.14 405.80 Td (services ) Tj ET Q q 0 0 0 rg BT 389.75 405.80 Td (to ) Tj ET Q q 0 0 0 rg BT 399.94 405.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 444.00 405.80 Td (and ) Tj ET Q q 0 0 0 rg BT 460.84 405.80 Td (business ) Tj ET Q q 0 0 0 rg BT 497.14 405.80 Td (customers ) Tj ET Q q 0 0 0 rg BT 540.10 405.80 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 405.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.80 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 103.42 393.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 122.08 393.80 Td (primary ) Tj ET Q q 0 0 0 rg BT 156.84 393.80 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 207.16 393.80 Td (consist ) Tj ET Q q 0 0 0 rg BT 238.04 393.80 Td (of ) Tj ET Q q 0 0 0 rg BT 249.47 393.80 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.02 393.80 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 289.01 393.80 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.89 393.80 Td (, ) Tj ET Q q 0 0 0 rg BT 328.49 393.80 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.81 393.80 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 370.80 393.80 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.58 393.80 Td (, ) Tj ET Q q 0 0 0 rg BT 409.19 393.80 Td (and ) Tj ET Q q 0 0 0 rg BT 426.73 393.80 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 444.83 393.80 Td (ef) Tj ET Q q 0 0 0 rg BT 452.42 393.80 Td (fective ) Tj ET Q q 0 0 0 rg BT 482.72 393.80 Td (December ) Tj ET Q q 0 0 0 rg BT 526.91 393.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.52 393.80 Td (2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 73.26 381.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 105.90 381.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.88 381.80 Td (JV) Tj ET Q q 0 0 0 rg BT 132.81 381.80 Td ( ) Tj ET Q q 0 0 0 rg BT 136.29 381.80 Td (T) Tj ET Q q 0 0 0 rg BT 142.05 381.80 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.14 381.80 Td (, ) Tj ET Q q 0 0 0 rg BT 189.40 381.80 Td (as ) Tj ET Q q 0 0 0 rg BT 201.49 381.80 Td (defined ) Tj ET Q q 0 0 0 rg BT 235.23 381.80 Td (and ) Tj ET Q q 0 0 0 rg BT 253.43 381.80 Td (described ) Tj ET Q q 0 0 0 rg BT 295.50 381.80 Td (below) Tj ET Q q 0 0 0 rg BT 319.29 381.80 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.28 381.80 Td (V) Tj ET Q q 0 0 0 rg BT 331.21 381.80 Td (odafone ) Tj ET Q q 0 0 0 rg BT 367.17 381.80 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.50 381.80 Td (. ) Tj ET Q q 0 0 0 rg BT 386.76 381.80 Td (Prior ) Tj ET Q q 0 0 0 rg BT 410.52 381.80 Td (to ) Tj ET Q q 0 0 0 rg BT 422.05 381.80 Td (the ) Tj ET Q q 0 0 0 rg BT 438.03 381.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 470.67 381.80 Td (of ) Tj ET Q q 0 0 0 rg BT 482.76 381.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.73 381.80 Td (JV) Tj ET Q q 0 0 0 rg BT 509.67 381.80 Td ( ) Tj ET Q q 0 0 0 rg BT 513.15 381.80 Td (T) Tj ET Q q 0 0 0 rg BT 518.91 381.80 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 381.80 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.80 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 369.80 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.53 369.80 Td ( ) Tj ET Q q 0 0 0 rg BT 113.92 369.80 Td (was ) Tj ET Q q 0 0 0 rg BT 131.86 369.80 Td (a ) Tj ET Q q 0 0 0 rg BT 138.69 369.80 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 198.86 369.80 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 242.36 369.80 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.08 369.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 284.91 369.80 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.12 369.80 Td (. ) Tj ET Q q 0 0 0 rg BT 317.01 369.80 Td (On ) Tj ET Q q 0 0 0 rg BT 331.63 369.80 Td (December ) Tj ET Q q 0 0 0 rg BT 375.11 369.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 390.00 369.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 414.89 369.80 Td (and ) Tj ET Q q 0 0 0 rg BT 431.72 369.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 454.11 369.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 485.39 369.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 369.80 Td (JV) Tj ET Q q 0 0 0 rg BT 510.94 369.80 Td ( ) Tj ET Q q 0 0 0 rg BT 513.16 369.80 Td (T) Tj ET Q q 0 0 0 rg BT 518.91 369.80 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 369.80 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.80 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 357.80 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.53 357.80 Td ( ) Tj ET Q q 0 0 0 rg BT 113.81 357.80 Td (became ) Tj ET Q q 0 0 0 rg BT 146.63 357.80 Td (a ) Tj ET Q q 0 0 0 rg BT 153.36 357.80 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 213.42 357.80 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 256.81 357.80 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.26 357.80 Td (V) Tj ET Q q 0 0 0 rg BT 273.20 357.80 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 331.58 357.80 Td (Group ) Tj ET Q q 0 0 0 rg BT 359.42 357.80 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.20 357.80 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.82 357.80 Td (V) Tj ET Q q 0 0 0 rg BT 402.75 357.80 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 461.13 357.80 Td (Group ) Tj ET Q q 0 0 0 rg BT 488.97 357.80 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.75 357.80 Td ( ) Tj ET Q q 0 0 0 rg BT 524.04 357.80 Td (is ) Tj ET Q q 0 0 0 rg BT 532.99 357.80 Td (a ) Tj ET Q q 0 0 0 rg BT 539.72 357.80 Td (50:50 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.80 Td (joint ) Tj ET Q q 0 0 0 rg BT 70.08 345.80 Td (venture ) Tj ET Q q 0 0 0 rg BT 102.31 345.80 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.61 345.80 Td (V) Tj ET Q q 0 0 0 rg BT 137.54 345.80 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.75 345.80 Td ( ) Tj ET Q q 0 0 0 rg BT 171.99 345.80 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.68 345.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 220.36 345.80 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.57 345.80 Td (. ) Tj ET Q q 0 0 0 rg BT 251.82 345.80 Td (Also ) Tj ET Q q 0 0 0 rg BT 272.96 345.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 295.21 345.80 Td (completion ) Tj ET Q q 0 0 0 rg BT 342.44 345.80 Td (of ) Tj ET Q q 0 0 0 rg BT 353.02 345.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.48 345.80 Td (JV) Tj ET Q q 0 0 0 rg BT 378.41 345.80 Td ( ) Tj ET Q q 0 0 0 rg BT 380.49 345.80 Td (T) Tj ET Q q 0 0 0 rg BT 386.25 345.80 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.34 345.80 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.93 345.80 Td (V) Tj ET Q q 0 0 0 rg BT 437.86 345.80 Td (odafone ) Tj ET Q q 0 0 0 rg BT 472.31 345.80 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.27 345.80 Td ( ) Tj ET Q q 0 0 0 rg BT 487.51 345.80 Td (became ) Tj ET Q q 0 0 0 rg BT 520.29 345.80 Td (an ) Tj ET Q q 0 0 0 rg BT 531.98 345.80 Td (indirect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.80 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 111.49 333.80 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 156.82 333.80 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.06 333.80 Td (V) Tj ET Q q 0 0 0 rg BT 175.00 333.80 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.09 333.80 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 333.80 Td (V) Tj ET Q q 0 0 0 rg BT 243.44 333.80 Td (odafone ) Tj ET Q q 0 0 0 rg BT 279.86 333.80 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.82 333.80 Td ( ) Tj ET Q q 0 0 0 rg BT 297.04 333.80 Td (and ) Tj ET Q q 0 0 0 rg BT 315.70 333.80 Td (its ) Tj ET Q q 0 0 0 rg BT 329.37 333.80 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 380.81 333.80 Td (operated ) Tj ET Q q 0 0 0 rg BT 419.15 333.80 Td (V) Tj ET Q q 0 0 0 rg BT 425.08 333.80 Td (odafone) Tj ET Q q 0 0 0 rg BT 460.07 333.80 Td (s ) Tj ET Q q 0 0 0 rg BT 468.18 333.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 500.17 333.80 Td (business ) Tj ET Q q 0 0 0 rg BT 538.28 333.80 Td (in ) Tj ET Q q 0 0 0 rg BT 550.28 333.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 321.80 Td (Netherlands. ) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 299.80 Td (Pr) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 59.87 299.80 Td (oducts ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 90.15 299.80 Td (and ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 108.77 299.80 Td (Services) 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 67.50 277.80 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 277.80 Td (e ) Tj ET Q q 0 0 0 rg BT 82.22 277.80 Td (provide ) Tj ET Q q 0 0 0 rg BT 114.42 277.80 Td (services ) Tj ET Q q 0 0 0 rg BT 148.27 277.80 Td (either ) Tj ET Q q 0 0 0 rg BT 172.69 277.80 Td (individually ) Tj ET Q q 0 0 0 rg BT 222.66 277.80 Td (or ) Tj ET Q q 0 0 0 rg BT 232.64 277.80 Td (bundled ) Tj ET Q q 0 0 0 rg BT 266.51 277.80 Td (as ) Tj ET Q q 0 0 0 rg BT 276.48 277.80 Td (a ) Tj ET Q q 0 0 0 rg BT 282.57 277.80 Td (package ) Tj ET Q q 0 0 0 rg BT 316.97 277.80 Td (for ) Tj ET Q q 0 0 0 rg BT 330.28 277.80 Td (video, ) Tj ET Q q 0 0 0 rg BT 356.65 277.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 400.50 277.80 Td (internet, ) Tj ET Q q 0 0 0 rg BT 435.19 277.80 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 475.71 277.80 Td (telephony) Tj ET Q q 0 0 0 rg BT 514.49 277.80 Td (, ) Tj ET Q q 0 0 0 rg BT 518.64 277.80 Td (and ) Tj ET Q q 0 0 0 rg BT 534.73 277.80 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.80 Td (services ) Tj ET Q q 0 0 0 rg BT 84.56 265.80 Td (to ) Tj ET Q q 0 0 0 rg BT 95.19 265.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 139.69 265.80 Td (and ) Tj ET Q q 0 0 0 rg BT 156.98 265.80 Td (business ) Tj ET Q q 0 0 0 rg BT 193.72 265.80 Td (customers. ) Tj ET Q q 0 0 0 rg BT 239.62 265.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 258.02 265.80 Td (bundled ) Tj ET Q q 0 0 0 rg BT 293.09 265.80 Td (services ) Tj ET Q q 0 0 0 rg BT 328.14 265.80 Td (of) Tj ET Q q 0 0 0 rg BT 336.29 265.80 Td (ferings ) Tj ET Q q 0 0 0 rg BT 366.91 265.80 Td (include ) Tj ET Q q 0 0 0 rg BT 399.20 265.80 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.63 265.80 Td (double-play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.21 265.80 Td ( ) Tj ET Q q 0 0 0 rg BT 461.50 265.80 Td (for ) Tj ET Q q 0 0 0 rg BT 476.01 265.80 Td (two ) Tj ET Q q 0 0 0 rg BT 493.86 265.80 Td (services, ) Tj ET Q q 0 0 0 rg BT 531.41 265.80 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.85 265.80 Td (triple-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 253.80 Td (play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.84 253.80 Td ( ) Tj ET Q q 0 0 0 rg BT 74.78 253.80 Td (for ) Tj ET Q q 0 0 0 rg BT 88.94 253.80 Td (three ) Tj ET Q q 0 0 0 rg BT 111.42 253.80 Td (services, ) Tj ET Q q 0 0 0 rg BT 148.63 253.80 Td (and ) Tj ET Q q 0 0 0 rg BT 165.57 253.80 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 170.01 253.80 Td (quad-play) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.36 253.80 Td ( ) Tj ET Q q 0 0 0 rg BT 220.30 253.80 Td (for ) Tj ET Q q 0 0 0 rg BT 234.46 253.80 Td (four ) Tj ET Q q 0 0 0 rg BT 253.62 253.80 Td (services.) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 231.80 Td ( ) 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 58.50 231.80 Td (V) Tj ET Q q 0 0 0 rg BT 64.62 231.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 84.33 231.80 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 209.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.70 209.80 Td (video ) Tj ET Q q 0 0 0 rg BT 110.57 209.80 Td (service ) Tj ET Q q 0 0 0 rg BT 141.54 209.80 Td (is ) Tj ET Q q 0 0 0 rg BT 150.86 209.80 Td (one ) Tj ET Q q 0 0 0 rg BT 167.94 209.80 Td (of ) Tj ET Q q 0 0 0 rg BT 178.92 209.80 Td (the ) Tj ET Q q 0 0 0 rg BT 193.79 209.80 Td (key ) Tj ET Q q 0 0 0 rg BT 210.88 209.80 Td (foundations ) Tj ET Q q 0 0 0 rg BT 260.75 209.80 Td (of ) Tj ET Q q 0 0 0 rg BT 271.73 209.80 Td (our ) Tj ET Q q 0 0 0 rg BT 287.71 209.80 Td (product ) Tj ET Q q 0 0 0 rg BT 320.91 209.80 Td (of) Tj ET Q q 0 0 0 rg BT 329.06 209.80 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 361.97 209.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 380.18 209.80 Td (cable ) Tj ET Q q 0 0 0 rg BT 403.92 209.80 Td (operation ) Tj ET Q q 0 0 0 rg BT 444.33 209.80 Td (of) Tj ET Q q 0 0 0 rg BT 452.48 209.80 Td (fers ) Tj ET Q q 0 0 0 rg BT 470.13 209.80 Td (multiple ) Tj ET Q q 0 0 0 rg BT 506.11 209.80 Td (tiers ) Tj ET Q q 0 0 0 rg BT 525.97 209.80 Td (of ) Tj ET Q q 0 0 0 rg BT 536.95 209.80 Td (digital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.80 Td (video ) Tj ET Q q 0 0 0 rg BT 75.06 197.80 Td (programming ) Tj ET Q q 0 0 0 rg BT 132.83 197.80 Td (and ) Tj ET Q q 0 0 0 rg BT 150.61 197.80 Td (audio ) Tj ET Q q 0 0 0 rg BT 176.16 197.80 Td (services ) Tj ET Q q 0 0 0 rg BT 211.71 197.80 Td (starting ) Tj ET Q q 0 0 0 rg BT 245.04 197.80 Td (with ) Tj ET Q q 0 0 0 rg BT 266.16 197.80 Td (a ) Tj ET Q q 0 0 0 rg BT 273.94 197.80 Td (basic ) Tj ET Q q 0 0 0 rg BT 297.82 197.80 Td (video ) Tj ET Q q 0 0 0 rg BT 323.38 197.80 Td (service. ) Tj ET Q q 0 0 0 rg BT 357.53 197.80 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 407.53 197.80 Td (to ) Tj ET Q q 0 0 0 rg BT 418.65 197.80 Td (our ) Tj ET Q q 0 0 0 rg BT 435.32 197.80 Td (basic ) Tj ET Q q 0 0 0 rg BT 459.20 197.80 Td (video ) Tj ET Q q 0 0 0 rg BT 484.76 197.80 Td (service ) Tj ET Q q 0 0 0 rg BT 516.41 197.80 Td (pay ) Tj ET Q q 0 0 0 rg BT 534.19 197.80 Td (a ) Tj ET Q q 0 0 0 rg BT 541.97 197.80 Td (fixed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.80 Td (monthly ) Tj ET Q q 0 0 0 rg BT 85.05 185.80 Td (fee ) Tj ET Q q 0 0 0 rg BT 99.47 185.80 Td (and ) Tj ET Q q 0 0 0 rg BT 116.12 185.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 155.54 185.80 Td (receive ) Tj ET Q q 0 0 0 rg BT 186.62 185.80 Td (at ) Tj ET Q q 0 0 0 rg BT 196.05 185.80 Td (least ) Tj ET Q q 0 0 0 rg BT 216.59 185.80 Td (45 ) Tj ET Q q 0 0 0 rg BT 228.80 185.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 256.57 185.80 Td (or ) Tj ET Q q 0 0 0 rg BT 267.11 185.80 Td (analog ) Tj ET Q q 0 0 0 rg BT 295.98 185.80 Td (video ) Tj ET Q q 0 0 0 rg BT 320.41 185.80 Td (channels ) Tj ET Q q 0 0 0 rg BT 357.61 185.80 Td (\(including ) Tj ET Q q 0 0 0 rg BT 400.93 185.80 Td (four ) Tj ET Q q 0 0 0 rg BT 419.81 185.80 Td (high ) Tj ET Q q 0 0 0 rg BT 439.80 185.80 Td (definition ) Tj ET Q q 0 0 0 rg BT 480.89 185.80 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.33 185.80 Td (HD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.33 185.80 Td ( ) Tj ET Q q 0 0 0 rg BT 507.55 185.80 Td (channels\) ) Tj ET Q q 0 0 0 rg BT 548.08 185.80 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.80 Td (several ) Tj ET Q q 0 0 0 rg BT 80.70 173.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 109.13 173.80 Td (and ) Tj ET Q q 0 0 0 rg BT 126.45 173.80 Td (analog ) Tj ET Q q 0 0 0 rg BT 155.98 173.80 Td (radio ) Tj ET Q q 0 0 0 rg BT 179.41 173.80 Td (channels. ) Tj ET Q q 0 0 0 rg BT 219.78 173.80 Td (Because ) Tj ET Q q 0 0 0 rg BT 255.97 173.80 Td (our ) Tj ET Q q 0 0 0 rg BT 272.19 173.80 Td (basic ) Tj ET Q q 0 0 0 rg BT 295.61 173.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 324.05 173.80 Td (service ) Tj ET Q q 0 0 0 rg BT 355.24 173.80 Td (is ) Tj ET Q q 0 0 0 rg BT 364.79 173.80 Td (unencrypted, ) Tj ET Q q 0 0 0 rg BT 419.60 173.80 Td (the ) Tj ET Q q 0 0 0 rg BT 434.70 173.80 Td (cost ) Tj ET Q q 0 0 0 rg BT 453.68 173.80 Td (of ) Tj ET Q q 0 0 0 rg BT 464.90 173.80 Td (our ) Tj ET Q q 0 0 0 rg BT 481.11 173.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 509.54 173.80 Td (service ) Tj ET Q q 0 0 0 rg BT 540.74 173.80 Td (is ) Tj ET Q q 0 0 0 rg BT 550.29 173.80 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.80 Td (same ) Tj ET Q q 0 0 0 rg BT 73.38 161.80 Td (cost ) Tj ET Q q 0 0 0 rg BT 92.83 161.80 Td (as ) Tj ET Q q 0 0 0 rg BT 104.49 161.80 Td (the ) Tj ET Q q 0 0 0 rg BT 120.05 161.80 Td (monthly ) Tj ET Q q 0 0 0 rg BT 156.72 161.80 Td (fee ) Tj ET Q q 0 0 0 rg BT 172.26 161.80 Td (of ) Tj ET Q q 0 0 0 rg BT 183.93 161.80 Td (our ) Tj ET Q q 0 0 0 rg BT 200.60 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q 0 0 0 rg BT 379.45 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 394.84 595.10 Td (second ) Tj ET Q q 0 0 0 rg BT 425.78 595.10 Td (screen ) Tj ET Q q 0 0 0 rg BT 454.49 595.10 Td (device ) Tj ET Q q 0 0 0 rg BT 483.76 595.10 Td (can ) Tj ET Q q 0 0 0 rg BT 500.80 595.10 Td (act ) Tj ET Q q 0 0 0 rg BT 515.63 595.10 Td (as ) Tj ET Q q 0 0 0 rg BT 527.13 595.10 Td (a ) Tj ET Q q 0 0 0 rg BT 534.74 595.10 Td (remote ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (control. ) Tj ET Q q 0 0 0 rg BT 82.48 583.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 132.38 583.10 Td (, ) Tj ET Q q 0 0 0 rg BT 137.64 583.10 Td (through ) Tj ET Q q 0 0 0 rg BT 171.50 583.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 198.15 583.10 Td (GO, ) Tj ET Q q 0 0 0 rg BT 217.85 583.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 261.16 583.10 Td (have ) Tj ET Q q 0 0 0 rg BT 282.79 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 297.77 583.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 326.08 583.10 Td (to ) Tj ET Q q 0 0 0 rg BT 336.62 583.10 Td (remotely ) Tj ET Q q 0 0 0 rg BT 374.92 583.10 Td (schedule ) Tj ET Q q 0 0 0 rg BT 412.66 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 427.64 583.10 Td (recording ) Tj ET Q q 0 0 0 rg BT 468.71 583.10 Td (of ) Tj ET Q q 0 0 0 rg BT 479.80 583.10 Td (a ) Tj ET Q q 0 0 0 rg BT 487.00 583.10 Td (television ) Tj ET Q q 0 0 0 rg BT 528.64 583.10 Td (program ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.00 571.10 Td (their ) Tj ET Q q 0 0 0 rg BT 82.83 571.10 Td (MediaBox ) Tj ET Q q 0 0 0 rg BT 127.54 571.10 Td (XL) Tj ET Q q 0 0 0 rg BT 140.50 571.10 Td ( ) Tj ET Q q 0 0 0 rg BT 143.00 571.10 Td (box ) Tj ET Q q 0 0 0 rg BT 160.50 571.10 Td (at ) Tj ET Q q 0 0 0 rg BT 170.22 571.10 Td (home.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 549.10 Td (One ) Tj ET Q q 0 0 0 rg BT 86.88 549.10 Td (of ) Tj ET Q q 0 0 0 rg BT 97.94 549.10 Td (our ) Tj ET Q q 0 0 0 rg BT 113.99 549.10 Td (key ) Tj ET Q q 0 0 0 rg BT 131.16 549.10 Td (video ) Tj ET Q q 0 0 0 rg BT 156.10 549.10 Td (services ) Tj ET Q q 0 0 0 rg BT 191.03 549.10 Td (is ) Tj ET Q q 0 0 0 rg BT 200.42 549.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.86 549.10 Td (Replay ) Tj ET Q q 0 0 0 rg BT 237.39 549.10 Td (TV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.28 549.10 Td (. ) Tj ET Q q 0 0 0 rg BT 260.95 549.10 Td (Replay ) Tj ET Q q 0 0 0 rg BT 291.80 549.10 Td (TV) Tj ET Q q 0 0 0 rg BT 304.95 549.10 Td ( ) Tj ET Q q 0 0 0 rg BT 307.67 549.10 Td (records ) Tj ET Q q 0 0 0 rg BT 339.83 549.10 Td (virtually ) Tj ET Q q 0 0 0 rg BT 376.43 549.10 Td (all ) Tj ET Q q 0 0 0 rg BT 389.15 549.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 429.65 549.10 Td (across ) Tj ET Q q 0 0 0 rg BT 457.36 549.10 Td (numerous ) Tj ET Q q 0 0 0 rg BT 499.52 549.10 Td (linear ) Tj ET Q q 0 0 0 rg BT 525.01 549.10 Td (channels. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.37 537.10 Td (recordings ) Tj ET Q q 0 0 0 rg BT 111.90 537.10 Td (are ) Tj ET Q q 0 0 0 rg BT 126.42 537.10 Td (available ) Tj ET Q q 0 0 0 rg BT 164.83 537.10 Td (up ) Tj ET Q q 0 0 0 rg BT 177.15 537.10 Td (to ) Tj ET Q q 0 0 0 rg BT 187.25 537.10 Td (seven ) Tj ET Q q 0 0 0 rg BT 212.34 537.10 Td (days ) Tj ET Q q 0 0 0 rg BT 232.99 537.10 Td (after ) Tj ET Q q 0 0 0 rg BT 253.63 537.10 Td (the ) Tj ET Q q 0 0 0 rg BT 268.17 537.10 Td (original ) Tj ET Q q 0 0 0 rg BT 301.59 537.10 Td (broadcast. ) Tj ET Q q 0 0 0 rg BT 344.56 537.10 Td (This ) Tj ET Q q 0 0 0 rg BT 364.66 537.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 393.09 537.10 Td (our ) Tj ET Q q 0 0 0 rg BT 408.74 537.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 451.61 537.10 Td (to ) Tj ET Q q 0 0 0 rg BT 461.71 537.10 Td (catch-up ) Tj ET Q q 0 0 0 rg BT 498.45 537.10 Td (on ) Tj ET Q q 0 0 0 rg BT 510.77 537.10 Td (their ) Tj ET Q q 0 0 0 rg BT 531.42 537.10 Td (favorite ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.10 Td (television ) Tj ET Q q 0 0 0 rg BT 91.04 525.10 Td (shows ) Tj ET Q q 0 0 0 rg BT 118.70 525.10 Td (without ) Tj ET Q q 0 0 0 rg BT 151.92 525.10 Td (having ) Tj ET Q q 0 0 0 rg BT 181.79 525.10 Td (to ) Tj ET Q q 0 0 0 rg BT 192.23 525.10 Td (set ) Tj ET Q q 0 0 0 rg BT 205.99 525.10 Td (their ) Tj ET Q q 0 0 0 rg BT 226.98 525.10 Td (DVR ) Tj ET Q q 0 0 0 rg BT 250.75 525.10 Td (or ) Tj ET Q q 0 0 0 rg BT 261.73 525.10 Td (browse ) Tj ET Q q 0 0 0 rg BT 293.27 525.10 Td (separate ) Tj ET Q q 0 0 0 rg BT 328.69 525.10 Td (menus ) Tj ET Q q 0 0 0 rg BT 357.45 525.10 Td (on ) Tj ET Q q 0 0 0 rg BT 370.11 525.10 Td (their ) Tj ET Q q 0 0 0 rg BT 391.09 525.10 Td (set-top ) Tj ET Q q 0 0 0 rg BT 420.97 525.10 Td (boxes.Instead, ) Tj ET Q q 0 0 0 rg BT 483.33 525.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 526.54 525.10 Td (can ) Tj ET Q q 0 0 0 rg BT 543.07 525.10 Td (open ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.71 513.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 107.12 513.10 Td (programing ) Tj ET Q q 0 0 0 rg BT 156.77 513.10 Td (guide, ) Tj ET Q q 0 0 0 rg BT 184.48 513.10 Td (scroll ) Tj ET Q q 0 0 0 rg BT 209.69 513.10 Td (back ) Tj ET Q q 0 0 0 rg BT 231.55 513.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.99 513.10 Td (replay ) Tj ET Q q 0 0 0 rg BT 276.96 513.10 Td (linear ) Tj ET Q q 0 0 0 rg BT 302.72 513.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 360.14 513.10 Td (instantly) Tj ET Q q 0 0 0 rg BT 393.94 513.10 Td (. ) Tj ET Q q 0 0 0 rg BT 399.43 513.10 Td (Replay ) Tj ET Q q 0 0 0 rg BT 430.53 513.10 Td (TV) Tj ET Q q 0 0 0 rg BT 443.68 513.10 Td ( ) Tj ET Q q 0 0 0 rg BT 446.67 513.10 Td (also ) Tj ET Q q 0 0 0 rg BT 465.77 513.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 494.87 513.10 Td (our ) Tj ET Q q 0 0 0 rg BT 511.20 513.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 554.74 513.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.10 Td (replay ) Tj ET Q q 0 0 0 rg BT 76.60 501.10 Td (a ) Tj ET Q q 0 0 0 rg BT 83.15 501.10 Td (television ) Tj ET Q q 0 0 0 rg BT 124.15 501.10 Td (program ) Tj ET Q q 0 0 0 rg BT 160.14 501.10 Td (from ) Tj ET Q q 0 0 0 rg BT 181.69 501.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.02 501.10 Td (start ) Tj ET Q q 0 0 0 rg BT 215.35 501.10 Td (even ) Tj ET Q q 0 0 0 rg BT 236.34 501.10 Td (while ) Tj ET Q q 0 0 0 rg BT 260.67 501.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.00 501.10 Td (live ) Tj ET Q q 0 0 0 rg BT 292.11 501.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 332.54 501.10 Td (is ) Tj ET Q q 0 0 0 rg BT 341.32 501.10 Td (in ) Tj ET Q q 0 0 0 rg BT 351.21 501.10 Td (progress.Replay ) Tj ET Q q 0 0 0 rg BT 420.38 501.10 Td (TV) Tj ET Q q 0 0 0 rg BT 433.53 501.10 Td ( ) Tj ET Q q 0 0 0 rg BT 435.64 501.10 Td (is ) Tj ET Q q 0 0 0 rg BT 444.42 501.10 Td (accessible ) Tj ET Q q 0 0 0 rg BT 487.07 501.10 Td (through ) Tj ET Q q 0 0 0 rg BT 520.29 501.10 Td (MediaBox ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.10 Td (XL) Tj ET Q q 0 0 0 rg BT 62.46 489.10 Td ( ) Tj ET Q q 0 0 0 rg BT 64.96 489.10 Td (or ) Tj ET Q q 0 0 0 rg BT 75.79 489.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 102.18 489.10 Td (GO. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 467.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.67 467.10 Td (of) Tj ET Q q 0 0 0 rg BT 90.82 467.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 104.00 467.10 Td (pay-per) Tj ET Q q 0 0 0 rg BT 134.34 467.10 Td (-view ) Tj ET Q q 0 0 0 rg BT 159.20 467.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 215.72 467.10 Td (through ) Tj ET Q q 0 0 0 rg BT 248.77 467.10 Td (V) Tj ET Q q 0 0 0 rg BT 254.70 467.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 269.01 467.10 Td (giving ) Tj ET Q q 0 0 0 rg BT 296.66 467.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 343.74 467.10 Td (access ) Tj ET Q q 0 0 0 rg BT 371.37 467.10 Td (to ) Tj ET Q q 0 0 0 rg BT 381.24 467.10 Td (thousands ) Tj ET Q q 0 0 0 rg BT 423.33 467.10 Td (of ) Tj ET Q q 0 0 0 rg BT 433.75 467.10 Td (movies ) Tj ET Q q 0 0 0 rg BT 464.72 467.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.25 467.10 Td (television ) Tj ET Q q 0 0 0 rg BT 522.22 467.10 Td (series. ) Tj ET Q q 0 0 0 rg BT 549.43 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 558.07 467.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 85.96 455.10 Td (to ) Tj ET Q q 0 0 0 rg BT 95.77 455.10 Td (develop ) Tj ET Q q 0 0 0 rg BT 129.45 455.10 Td (our ) Tj ET Q q 0 0 0 rg BT 144.67 455.10 Td (V) Tj ET Q q 0 0 0 rg BT 150.60 455.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 164.85 455.10 Td (services ) Tj ET Q q 0 0 0 rg BT 199.08 455.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.89 455.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 241.47 455.10 Td (a ) Tj ET Q q 0 0 0 rg BT 247.94 455.10 Td (growing ) Tj ET Q q 0 0 0 rg BT 283.29 455.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 324.75 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.11 455.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 391.57 455.10 Td (from ) Tj ET Q q 0 0 0 rg BT 413.04 455.10 Td (local ) Tj ET Q q 0 0 0 rg BT 434.50 455.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.97 455.10 Td (international ) Tj ET Q q 0 0 0 rg BT 503.54 455.10 Td (suppliers, ) Tj ET Q q 0 0 0 rg BT 544.17 455.10 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (as ) Tj ET Q q 0 0 0 rg BT 59.73 443.10 Td (ABC/Disney) Tj ET Q q 0 0 0 rg BT 110.75 443.10 Td (, ) Tj ET Q q 0 0 0 rg BT 115.51 443.10 Td (V) Tj ET Q q 0 0 0 rg BT 122.14 443.10 Td (iacom, ) Tj ET Q q 0 0 0 rg BT 151.51 443.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.16 443.10 Td (BBC, ) Tj ET Q q 0 0 0 rg BT 191.11 443.10 Td (and ) Tj ET Q q 0 0 0 rg BT 207.99 443.10 Td (Sony) Tj ET Q q 0 0 0 rg BT 227.90 443.10 Td (, ) Tj ET Q q 0 0 0 rg BT 232.84 443.10 Td (among ) Tj ET Q q 0 0 0 rg BT 262.50 443.10 Td (others. ) Tj ET Q q 0 0 0 rg BT 291.87 443.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 309.86 443.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 361.01 443.10 Td (V) Tj ET Q q 0 0 0 rg BT 366.95 443.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 381.61 443.10 Td (service ) Tj ET Q q 0 0 0 rg BT 412.36 443.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 443.10 Td (Movies ) Tj ET Q q 0 0 0 rg BT 449.79 443.10 Td (& ) Tj ET Q q 0 0 0 rg BT 460.56 443.10 Td (Series) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.10 443.10 Td ( ) Tj ET Q q 0 0 0 rg BT 492.98 443.10 Td (is ) Tj ET Q q 0 0 0 rg BT 502.09 443.10 Td (included ) Tj ET Q q 0 0 0 rg BT 538.96 443.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.18 443.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (mid-tier ) Tj ET Q q 0 0 0 rg BT 83.41 431.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 122.85 431.10 Td (video ) Tj ET Q q 0 0 0 rg BT 146.76 431.10 Td (service ) Tj ET Q q 0 0 0 rg BT 176.77 431.10 Td (accessed ) Tj ET Q q 0 0 0 rg BT 213.44 431.10 Td (through ) Tj ET Q q 0 0 0 rg BT 246.24 431.10 Td (MediaBox ) Tj ET Q q 0 0 0 rg BT 290.15 431.10 Td (XL) Tj ET Q q 0 0 0 rg BT 303.11 431.10 Td ( ) Tj ET Q q 0 0 0 rg BT 304.80 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 320.94 431.10 Td (is ) Tj ET Q q 0 0 0 rg BT 329.30 431.10 Td (available ) Tj ET Q q 0 0 0 rg BT 367.08 431.10 Td (for ) Tj ET Q q 0 0 0 rg BT 380.44 431.10 Td (an ) Tj ET Q q 0 0 0 rg BT 391.57 431.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 433.25 431.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 447.15 431.10 Td (with ) Tj ET Q q 0 0 0 rg BT 466.62 431.10 Td (our ) Tj ET Q q 0 0 0 rg BT 481.65 431.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 503.89 431.10 Td (video ) Tj ET Q q 0 0 0 rg BT 527.80 431.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 419.10 Td (e ) Tj ET Q q 0 0 0 rg BT 64.74 419.10 Td (also ) Tj ET Q q 0 0 0 rg BT 83.01 419.10 Td (of) Tj ET Q q 0 0 0 rg BT 91.16 419.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 104.41 419.10 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 144.34 419.10 Td (HBO ) Tj ET Q q 0 0 0 rg BT 167.61 419.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 224.21 419.10 Td (through ) Tj ET Q q 0 0 0 rg BT 257.48 419.10 Td (our ) Tj ET Q q 0 0 0 rg BT 272.97 419.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.41 419.10 Td (Movies ) Tj ET Q q 0 0 0 rg BT 310.11 419.10 Td (& ) Tj ET Q q 0 0 0 rg BT 320.60 419.10 Td (Series ) Tj ET Q q 0 0 0 rg BT 348.31 419.10 Td (L ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.14 419.10 Td (V) Tj ET Q q 0 0 0 rg BT 368.07 419.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 382.46 419.10 Td (service ) Tj ET Q q 0 0 0 rg BT 412.93 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 429.53 419.10 Td (is ) Tj ET Q q 0 0 0 rg BT 438.36 419.10 Td (included ) Tj ET Q q 0 0 0 rg BT 474.96 419.10 Td (in ) Tj ET Q q 0 0 0 rg BT 484.90 419.10 Td (our ) Tj ET Q q 0 0 0 rg BT 500.39 419.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 540.30 419.10 Td (video ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (service ) Tj ET Q q 0 0 0 rg BT 80.02 407.10 Td (as ) Tj ET Q q 0 0 0 rg BT 90.55 407.10 Td (part ) Tj ET Q q 0 0 0 rg BT 108.31 407.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.84 407.10 Td (our ) Tj ET Q q 0 0 0 rg BT 134.38 407.10 Td (conver) Tj ET Q q 0 0 0 rg BT 161.40 407.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 178.04 407.10 Td (services ) Tj ET Q q 0 0 0 rg BT 212.46 407.10 Td (\(see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 230.76 407.10 Td (conver) Tj ET Q q 0 0 0 rg BT 257.60 407.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 274.24 407.10 Td (services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.45 407.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 314.48 407.10 Td (For ) Tj ET Q q 0 0 0 rg BT 330.58 407.10 Td (an ) Tj ET Q q 0 0 0 rg BT 342.22 407.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 384.41 407.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 419.95 407.10 Td (char) Tj ET Q q 0 0 0 rg BT 436.98 407.10 Td (ge, ) Tj ET Q q 0 0 0 rg BT 451.12 407.10 Td (we ) Tj ET Q q 0 0 0 rg BT 464.99 407.10 Td (also ) Tj ET Q q 0 0 0 rg BT 483.30 407.10 Td (of) Tj ET Q q 0 0 0 rg BT 491.45 407.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 504.75 407.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (40 ) Tj ET Q q 0 0 0 rg BT 61.97 395.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 104.25 395.10 Td (TV) Tj ET Q q 0 0 0 rg BT 117.40 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 119.87 395.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 157.33 395.10 Td (on ) Tj ET Q q 0 0 0 rg BT 169.79 395.10 Td (top ) Tj ET Q q 0 0 0 rg BT 185.04 395.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.84 395.10 Td (the ) Tj ET Q q 0 0 0 rg BT 210.53 395.10 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 250.76 395.10 Td (HBO ) Tj ET Q q 0 0 0 rg BT 274.35 395.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 331.25 395.10 Td (through ) Tj ET Q q 0 0 0 rg BT 364.83 395.10 Td (our ) Tj ET Q q 0 0 0 rg BT 380.63 395.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.07 395.10 Td (Movies ) Tj ET Q q 0 0 0 rg BT 418.08 395.10 Td (& ) Tj ET Q q 0 0 0 rg BT 428.88 395.10 Td (Series ) Tj ET Q q 0 0 0 rg BT 456.90 395.10 Td (XL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.79 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 477.52 395.10 Td (V) Tj ET Q q 0 0 0 rg BT 483.45 395.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 498.14 395.10 Td (service ) Tj ET Q q 0 0 0 rg BT 528.93 395.10 Td (which ) Tj ET Q q 0 0 0 rg BT 555.84 395.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (included ) Tj ET Q q 0 0 0 rg BT 86.76 383.10 Td (in ) Tj ET Q q 0 0 0 rg BT 97.36 383.10 Td (our ) Tj ET Q q 0 0 0 rg BT 113.51 383.10 Td (high ) Tj ET Q q 0 0 0 rg BT 134.11 383.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 150.26 383.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 190.83 383.10 Td (video ) Tj ET Q q 0 0 0 rg BT 215.87 383.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 249.51 383.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 267.68 383.10 Td (V) Tj ET Q q 0 0 0 rg BT 273.61 383.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 288.66 383.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 326.19 383.10 Td (including ) Tj ET Q q 0 0 0 rg BT 366.78 383.10 Td (catch-up ) Tj ET Q q 0 0 0 rg BT 403.82 383.10 Td (TV) Tj ET Q q 0 0 0 rg BT 415.86 383.10 Td (, ) Tj ET Q q 0 0 0 rg BT 421.19 383.10 Td (are ) Tj ET Q q 0 0 0 rg BT 436.22 383.10 Td (available ) Tj ET Q q 0 0 0 rg BT 475.13 383.10 Td (on ) Tj ET Q q 0 0 0 rg BT 487.95 383.10 Td (a ) Tj ET Q q 0 0 0 rg BT 495.21 383.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 546.92 383.10 Td (or ) Tj ET Q q 0 0 0 rg BT 558.07 383.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 95.87 371.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 120.87 371.10 Td (depending ) Tj ET Q q 0 0 0 rg BT 165.03 371.10 Td (on ) Tj ET Q q 0 0 0 rg BT 177.53 371.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.24 371.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 208.07 371.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.90 371.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 259.15 371.10 Td (video ) Tj ET Q q 0 0 0 rg BT 283.87 371.10 Td (service ) Tj ET Q q 0 0 0 rg BT 314.69 371.10 Td (selected ) Tj ET Q q 0 0 0 rg BT 349.39 371.10 Td (by ) Tj ET Q q 0 0 0 rg BT 361.89 371.10 Td (the ) Tj ET Q q 0 0 0 rg BT 376.60 371.10 Td (subscriber) Tj ET Q q 0 0 0 rg BT 417.15 371.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 349.10 Td (In ) Tj ET Q q 0 0 0 rg BT 77.36 349.10 Td (April ) Tj ET Q q 0 0 0 rg BT 100.42 349.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 124.88 349.10 Td (we ) Tj ET Q q 0 0 0 rg BT 138.50 349.10 Td (started ) Tj ET Q q 0 0 0 rg BT 167.12 349.10 Td (with ) Tj ET Q q 0 0 0 rg BT 186.86 349.10 Td (digitalizing ) Tj ET Q q 0 0 0 rg BT 234.36 349.10 Td (our ) Tj ET Q q 0 0 0 rg BT 249.51 349.10 Td (TV) Tj ET Q q 0 0 0 rg BT 262.66 349.10 Td ( ) Tj ET Q q 0 0 0 rg BT 264.62 349.10 Td (service ) Tj ET Q q 0 0 0 rg BT 294.89 349.10 Td (of) Tj ET Q q 0 0 0 rg BT 303.04 349.10 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 335.27 349.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 380.01 349.10 Td (watching ) Tj ET Q q 0 0 0 rg BT 418.62 349.10 Td (analogue ) Tj ET Q q 0 0 0 rg BT 456.68 349.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 479.59 349.10 Td (TV) Tj ET Q q 0 0 0 rg BT 492.74 349.10 Td ( ) Tj ET Q q 0 0 0 rg BT 494.70 349.10 Td (will ) Tj ET Q q 0 0 0 rg BT 512.21 349.10 Td (be ) Tj ET Q q 0 0 0 rg BT 523.61 349.10 Td (switching ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 337.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 87.83 337.10 Td (in ) Tj ET Q q 0 0 0 rg BT 98.11 337.10 Td (a ) Tj ET Q q 0 0 0 rg BT 105.05 337.10 Td (region-by-region ) Tj ET Q q 0 0 0 rg BT 175.30 337.10 Td (phased ) Tj ET Q q 0 0 0 rg BT 205.57 337.10 Td (rollout.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 315.10 Td (W) Tj ET Q q 0 0 0 rg BT 67.02 315.10 Td (iFi and Internet Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 293.10 Td (Connectivity ) Tj ET Q q 0 0 0 rg BT 121.32 293.10 Td (is ) Tj ET Q q 0 0 0 rg BT 130.15 293.10 Td (a ) Tj ET Q q 0 0 0 rg BT 136.75 293.10 Td (building ) Tj ET Q q 0 0 0 rg BT 172.25 293.10 Td (block ) Tj ET Q q 0 0 0 rg BT 196.62 293.10 Td (for ) Tj ET Q q 0 0 0 rg BT 210.44 293.10 Td (vibrant ) Tj ET Q q 0 0 0 rg BT 240.93 293.10 Td (communities. ) Tj ET Q q 0 0 0 rg BT 297.25 293.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 314.96 293.10 Td (fiber) Tj ET Q q 0 0 0 rg BT 333.64 293.10 Td (-rich ) Tj ET Q q 0 0 0 rg BT 354.68 293.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 399.05 293.10 Td (network ) Tj ET Q q 0 0 0 rg BT 433.97 293.10 Td (is ) Tj ET Q q 0 0 0 rg BT 442.81 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 457.18 293.10 Td (backbone ) Tj ET Q q 0 0 0 rg BT 497.66 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 508.15 293.10 Td (our ) Tj ET Q q 0 0 0 rg BT 523.64 293.10 Td (fixed-line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (business ) Tj ET Q q 0 0 0 rg BT 84.84 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 100.73 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 114.40 281.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 135.85 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.64 281.10 Td (our ) Tj ET Q q 0 0 0 rg BT 160.42 281.10 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 211.30 281.10 Td (strategy) Tj ET Q q 0 0 0 rg BT 242.30 281.10 Td (. ) Tj ET Q q 0 0 0 rg BT 246.15 281.10 Td (T) Tj ET Q q 0 0 0 rg BT 251.56 281.10 Td (o ) Tj ET Q q 0 0 0 rg BT 258.01 281.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 278.90 281.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.68 281.10 Td (customers) Tj ET Q q 0 0 0 rg BT 336.81 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 338.27 281.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 389.70 281.10 Td (to ) Tj ET Q q 0 0 0 rg BT 398.93 281.10 Td (be ) Tj ET Q q 0 0 0 rg BT 409.82 281.10 Td (seamlessly ) Tj ET Q q 0 0 0 rg BT 454.59 281.10 Td (connected, ) Tj ET Q q 0 0 0 rg BT 499.08 281.10 Td (we ) Tj ET Q q 0 0 0 rg BT 512.19 281.10 Td (are ) Tj ET Q q 0 0 0 rg BT 525.85 281.10 Td (investing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.78 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 75.61 269.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 120.32 269.10 Td (network, ) Tj ET Q q 0 0 0 rg BT 158.08 269.10 Td (mobile, ) Tj ET Q q 0 0 0 rg BT 190.68 269.10 Td (W) Tj ET Q q 0 0 0 rg BT 199.71 269.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 213.33 269.10 Td (solutions, ) Tj ET Q q 0 0 0 rg BT 254.45 269.10 Td (and ) Tj ET Q q 0 0 0 rg BT 271.39 269.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 310.54 269.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 348.59 269.10 Td (equipment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 247.10 Td (Internet ) Tj ET Q q 0 0 0 rg BT 100.62 247.10 Td (speed ) Tj ET Q q 0 0 0 rg BT 125.42 247.10 Td (is ) Tj ET Q q 0 0 0 rg BT 134.12 247.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.48 247.10 Td (crucial ) Tj ET Q q 0 0 0 rg BT 173.72 247.10 Td (importance ) Tj ET Q q 0 0 0 rg BT 220.73 247.10 Td (to ) Tj ET Q q 0 0 0 rg BT 230.54 247.10 Td (our ) Tj ET Q q 0 0 0 rg BT 245.90 247.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 290.97 247.10 Td (as ) Tj ET Q q 0 0 0 rg BT 301.33 247.10 Td (they ) Tj ET Q q 0 0 0 rg BT 320.58 247.10 Td (spend ) Tj ET Q q 0 0 0 rg BT 345.94 247.10 Td (more ) Tj ET Q q 0 0 0 rg BT 368.52 247.10 Td (time ) Tj ET Q q 0 0 0 rg BT 388.32 247.10 Td (streaming ) Tj ET Q q 0 0 0 rg BT 429.79 247.10 Td (video ) Tj ET Q q 0 0 0 rg BT 454.03 247.10 Td (and ) Tj ET Q q 0 0 0 rg BT 470.50 247.10 Td (other ) Tj ET Q q 0 0 0 rg BT 493.08 247.10 Td (bandwidth-heavy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (services ) Tj ET Q q 0 0 0 rg BT 84.23 235.10 Td (on ) Tj ET Q q 0 0 0 rg BT 96.75 235.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 132.61 235.10 Td (devices. ) Tj ET Q q 0 0 0 rg BT 167.62 235.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 185.69 235.10 Td (extensive ) Tj ET Q q 0 0 0 rg BT 225.98 235.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 270.71 235.10 Td (network ) Tj ET Q q 0 0 0 rg BT 306.00 235.10 Td (enables ) Tj ET Q q 0 0 0 rg BT 338.51 235.10 Td (us ) Tj ET Q q 0 0 0 rg BT 349.92 235.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.23 235.10 Td (deliver ) Tj ET Q q 0 0 0 rg BT 390.51 235.10 Td (ultra ) Tj ET Q q 0 0 0 rg BT 411.36 235.10 Td (high-speed ) Tj ET Q q 0 0 0 rg BT 457.76 235.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 490.83 235.10 Td (service ) Tj ET Q q 0 0 0 rg BT 521.67 235.10 Td (across ) Tj ET Q q 0 0 0 rg BT 549.18 235.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 88.69 223.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.93 223.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 149.27 223.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 195.96 223.10 Td (access ) Tj ET Q q 0 0 0 rg BT 223.18 223.10 Td (the ) Tj ET Q q 0 0 0 rg BT 237.09 223.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 269.33 223.10 Td (via ) Tj ET Q q 0 0 0 rg BT 283.24 223.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 306.02 223.10 Td (modems ) Tj ET Q q 0 0 0 rg BT 341.60 223.10 Td (connected ) Tj ET Q q 0 0 0 rg BT 383.82 223.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.29 223.10 Td (their ) Tj ET Q q 0 0 0 rg BT 413.31 223.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 445.54 223.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 477.77 223.10 Td (devices, ) Tj ET Q q 0 0 0 rg BT 511.95 223.10 Td (or ) Tj ET Q q 0 0 0 rg BT 521.97 223.10 Td (wirelessly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (via ) Tj ET Q q 0 0 0 rg BT 64.48 211.10 Td (a ) Tj ET Q q 0 0 0 rg BT 71.48 211.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.52 211.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 94.40 211.10 Td (gateway ) Tj ET Q q 0 0 0 rg BT 130.48 211.10 Td (device. ) Tj ET Q q 0 0 0 rg BT 161.64 211.10 Td (W) Tj ET Q q 0 0 0 rg BT 170.28 211.10 Td (e ) Tj ET Q q 0 0 0 rg BT 177.48 211.10 Td (of) Tj ET Q q 0 0 0 rg BT 185.63 211.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 199.49 211.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 235.58 211.10 Td (tiers ) Tj ET Q q 0 0 0 rg BT 255.57 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 266.66 211.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 311.63 211.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 344.94 211.10 Td (service ) Tj ET Q q 0 0 0 rg BT 376.01 211.10 Td (ranging ) Tj ET Q q 0 0 0 rg BT 409.33 211.10 Td (from ) Tj ET Q q 0 0 0 rg BT 431.53 211.10 Td (a ) Tj ET Q q 0 0 0 rg BT 438.73 211.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 462.04 211.10 Td (service ) Tj ET Q q 0 0 0 rg BT 493.12 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 504.21 211.10 Td (40 ) Tj ET Q q 0 0 0 rg BT 516.98 211.10 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 542.52 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 553.07 211.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.10 Td (ultra ) Tj ET Q q 0 0 0 rg BT 71.09 199.10 Td (high-speed ) Tj ET Q q 0 0 0 rg BT 118.24 199.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 152.05 199.10 Td (service ) Tj ET Q q 0 0 0 rg BT 183.64 199.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.23 199.10 Td (200 ) Tj ET Q q 0 0 0 rg BT 213.50 199.10 Td (Mbps, ) Tj ET Q q 0 0 0 rg BT 242.06 199.10 Td (400 ) Tj ET Q q 0 0 0 rg BT 260.33 199.10 Td (Mbps, ) Tj ET Q q 0 0 0 rg BT 288.88 199.10 Td (and ) Tj ET Q q 0 0 0 rg BT 306.58 199.10 Td (500 ) Tj ET Q q 0 0 0 rg BT 324.85 199.10 Td (Mpbs. ) Tj ET Q q 0 0 0 rg BT 353.17 199.10 Td (The ) Tj ET Q q 0 0 0 rg BT 371.99 199.10 Td (speed ) Tj ET Q q 0 0 0 rg BT 398.02 199.10 Td (of ) Tj ET Q q 0 0 0 rg BT 409.62 199.10 Td (service ) Tj ET Q q 0 0 0 rg BT 441.21 199.10 Td (depends ) Tj ET Q q 0 0 0 rg BT 477.24 199.10 Td (on ) Tj ET Q q 0 0 0 rg BT 490.51 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.00 199.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 522.59 199.10 Td (of ) Tj ET Q q 0 0 0 rg BT 534.19 199.10 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.10 Td (selected. ) Tj ET Q q 0 0 0 rg BT 86.69 187.10 Td (In ) Tj ET Q q 0 0 0 rg BT 97.51 187.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 135.27 187.10 Td (by ) Tj ET Q q 0 0 0 rg BT 147.75 187.10 Td (leveraging ) Tj ET Q q 0 0 0 rg BT 192.44 187.10 Td (our ) Tj ET Q q 0 0 0 rg BT 208.26 187.10 Td (fiber) Tj ET Q q 0 0 0 rg BT 226.94 187.10 Td (-rich ) Tj ET Q q 0 0 0 rg BT 248.30 187.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 292.99 187.10 Td (network, ) Tj ET Q q 0 0 0 rg BT 330.75 187.10 Td (we ) Tj ET Q q 0 0 0 rg BT 344.90 187.10 Td (are ) Tj ET Q q 0 0 0 rg BT 359.59 187.10 Td (well ) Tj ET Q q 0 0 0 rg BT 379.29 187.10 Td (positioned ) Tj ET Q q 0 0 0 rg BT 423.44 187.10 Td (to ) Tj ET Q q 0 0 0 rg BT 433.71 187.10 Td (deliver ) Tj ET Q q 0 0 0 rg BT 463.96 187.10 Td (Gigabit ) Tj ET Q q 0 0 0 rg BT 496.44 187.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.77 187.10 Td (GB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.22 187.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 520.04 187.10 Td (services ) Tj ET Q q 0 0 0 rg BT 554.73 187.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.57 175.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 118.04 175.10 Td (T) Tj ET Q q 0 0 0 rg BT 123.45 175.10 Td (o ) Tj ET Q q 0 0 0 rg BT 131.30 175.10 Td (this ) Tj ET Q q 0 0 0 rg BT 148.61 175.10 Td (end, ) Tj ET Q q 0 0 0 rg BT 168.40 175.10 Td (we ) Tj ET Q q 0 0 0 rg BT 182.92 175.10 Td (are ) Tj ET Q q 0 0 0 rg BT 197.98 175.10 Td (deploying ) Tj ET Q q 0 0 0 rg BT 240.83 175.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.90 175.10 Td (next ) Tj ET Q q 0 0 0 rg BT 275.97 175.10 Td (generation ) Tj ET Q q 0 0 0 rg BT 321.03 175.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 342.76 175.10 Td (Over ) Tj ET Q q 0 0 0 rg BT 365.61 175.10 Td (Cable ) Tj ET Q q 0 0 0 rg BT 391.79 175.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 424.63 175.10 Td (Interface ) Tj ET Q q 0 0 0 rg BT 463.01 175.10 Td (Specification ) Tj ET Q q 0 0 0 rg BT 518.62 175.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.95 175.10 Td (DOCSIS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.19 175.10 Td (\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (3.1 ) Tj ET Q q 0 0 0 rg BT 64.47 163.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 111.38 163.10 Td (in ) Tj ET Q q 0 0 0 rg BT 121.64 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.33 163.10 Td (future. ) Tj ET Q q 0 0 0 rg BT 165.00 163.10 Td (When ) Tj ET Q q 0 0 0 rg BT 191.35 163.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 212.71 163.10 Td (developed, ) Tj ET Q q 0 0 0 rg BT 258.78 163.10 Td (we ) Tj ET Q q 0 0 0 rg BT 272.92 163.10 Td (will ) Tj ET Q q 0 0 0 rg BT 290.95 163.10 Td (have ) Tj ET Q q 0 0 0 rg BT 312.30 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.99 163.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 364.45 163.10 Td (to ) Tj ET Q q 0 0 0 rg BT 374.71 163.10 Td (extend ) Tj ET Q q 0 0 0 rg BT 403.84 163.10 Td (our ) Tj ET Q q 0 0 0 rg BT 419.64 163.10 Td (download ) Tj ET Q q 0 0 0 rg BT 461.56 163.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 490.69 163.10 Td (to ) Tj ET Q q 0 0 0 rg BT 500.94 163.10 Td (at ) Tj ET Q q 0 0 0 rg BT 510.63 163.10 Td (least ) Tj ET Q q 0 0 0 rg BT 531.43 163.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 538.91 163.10 Td (Gbps. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (DOCSIS ) Tj ET Q q 0 0 0 rg BT 87.57 151.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 134.50 151.10 Td (is ) Tj ET Q q 0 0 0 rg BT 143.67 151.10 Td (an ) Tj ET Q q 0 0 0 rg BT 155.61 151.10 Td (international ) Tj ET Q q 0 0 0 rg BT 208.65 151.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 245.02 151.10 Td (that ) Tj ET Q q 0 0 0 rg BT 262.52 151.10 Td (defines ) Tj ET Q q 0 0 0 rg BT 293.89 151.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.61 151.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 363.31 151.10 Td (for ) Tj ET Q q 0 0 0 rg BT 377.47 151.10 Td (data ) Tj ET Q q 0 0 0 rg BT 396.63 151.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 449.69 151.10 Td (over ) Tj ET Q q 0 0 0 rg BT 469.95 151.10 Td (a ) Tj ET Q q 0 0 0 rg BT 476.89 151.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 500.49 151.10 Td (system. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 129.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 87.11 129.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 121.71 129.10 Td (service ) Tj ET Q q 0 0 0 rg BT 154.09 129.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 195.35 129.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 232.73 129.10 Td (email, ) Tj ET Q q 0 0 0 rg BT 261.50 129.10 Td (address ) Tj ET Q q 0 0 0 rg BT 295.55 129.10 Td (book, ) Tj ET Q q 0 0 0 rg BT 322.11 129.10 Td (security ) Tj ET Q q 0 0 0 rg BT 357.83 129.10 Td (\(e.g., ) Tj ET Q q 0 0 0 rg BT 382.15 129.10 Td (anti-virus, ) Tj ET Q q 0 0 0 rg BT 427.04 129.10 Td (anti-spyware, ) Tj ET Q q 0 0 0 rg BT 485.24 129.10 Td (firewall, ) Tj ET Q q 0 0 0 rg BT 522.90 129.10 Td (and ) Tj ET Q q 0 0 0 rg BT 541.39 129.10 Td (spam ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.10 Td (protection\) ) Tj ET Q q 0 0 0 rg BT 96.53 117.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 116.62 117.10 Td (parental ) Tj ET Q q 0 0 0 rg BT 151.98 117.10 Td (controls. ) Tj ET Q q 0 0 0 rg BT 189.63 117.10 Td (W) Tj ET Q q 0 0 0 rg BT 198.27 117.10 Td (e ) Tj ET Q q 0 0 0 rg BT 205.86 117.10 Td (of) Tj ET Q q 0 0 0 rg BT 214.01 117.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 228.27 117.10 Td (value-added ) Tj ET Q q 0 0 0 rg BT 280.29 117.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 325.65 117.10 Td (services ) Tj ET Q q 0 0 0 rg BT 361.01 117.10 Td (for ) Tj ET Q q 0 0 0 rg BT 375.83 117.10 Td (an ) Tj ET Q q 0 0 0 rg BT 388.42 117.10 Td (incremental ) Tj ET Q q 0 0 0 rg BT 438.78 117.10 Td (char) Tj ET Q q 0 0 0 rg BT 455.81 117.10 Td (ge. ) Tj ET Q q 0 0 0 rg BT 470.67 117.10 Td (These ) Tj ET Q q 0 0 0 rg BT 497.71 117.10 Td (services ) Tj ET Q q 0 0 0 rg BT 533.07 117.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 92.37 105.10 Td (security ) Tj ET Q q 0 0 0 rg BT 126.90 105.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 166.43 105.10 Td (for ) Tj ET Q q 0 0 0 rg BT 180.96 105.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 217.17 105.10 Td (devices. ) Tj ET Q q 0 0 0 rg BT 252.33 105.10 Td (W) Tj ET Q q 0 0 0 rg BT 260.97 105.10 Td (e ) Tj ET Q q 0 0 0 rg BT 268.28 105.10 Td (of) Tj ET Q q 0 0 0 rg BT 276.43 105.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 290.41 105.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 321.06 105.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 366.15 105.10 Td (services ) Tj ET Q q 0 0 0 rg BT 401.23 105.10 Td (with ) Tj ET Q q 0 0 0 rg BT 421.89 105.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 455.31 105.10 Td (access ) Tj ET Q q 0 0 0 rg BT 483.73 105.10 Td (as ) Tj ET Q q 0 0 0 rg BT 494.93 105.10 Td (described ) Tj ET Q q 0 0 0 rg BT 536.13 105.10 Td (above. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.10 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 98.10 93.10 Td (to ) Tj ET Q q 0 0 0 rg BT 107.81 93.10 Td (our ) Tj ET Q q 0 0 0 rg BT 123.08 93.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 155.56 93.10 Td (service ) Tj ET Q q 0 0 0 rg BT 185.81 93.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 202.19 93.10 Td (a ) Tj ET Q q 0 0 0 rg BT 208.57 93.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 243.84 93.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 257.98 93.10 Td (based ) Tj ET Q q 0 0 0 rg BT 282.69 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 294.63 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.78 93.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 324.04 93.10 Td (of ) Tj ET Q q 0 0 0 rg BT 334.31 93.10 Td (service ) Tj ET Q q 0 0 0 rg BT 364.56 93.10 Td (selected. ) Tj ET Q q 0 0 0 rg BT 401.20 93.10 Td (In ) Tj ET Q q 0 0 0 rg BT 411.47 93.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 446.18 93.10 Td (to ) Tj ET Q q 0 0 0 rg BT 455.90 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.05 93.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 505.32 93.10 Td (fee, ) Tj ET Q q 0 0 0 rg BT 521.97 93.10 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 66.60 81.10 Td (an ) Tj ET Q q 0 0 0 rg BT 78.70 81.10 Td (activation ) Tj ET Q q 0 0 0 rg BT 120.79 81.10 Td (service ) Tj ET Q q 0 0 0 rg BT 151.77 81.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 166.64 81.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 189.30 81.10 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 238.07 81.10 Td (to ) Tj ET Q q 0 0 0 rg BT 248.52 81.10 Td (an ) Tj ET Q q 0 0 0 rg BT 260.62 81.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 293.82 81.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 327.11 81.10 Td (This ) Tj ET Q q 0 0 0 rg BT 347.55 81.10 Td (one-time ) Tj ET Q q 0 0 0 rg BT 385.75 81.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 400.62 81.10 Td (may ) Tj ET Q q 0 0 0 rg BT 420.50 81.10 Td (be ) Tj ET Q q 0 0 0 rg BT 432.60 81.10 Td (waived ) Tj ET Q q 0 0 0 rg BT 464.14 81.10 Td (for ) Tj ET Q q 0 0 0 rg BT 478.46 81.10 Td (promotional ) Tj ET Q q 0 0 0 rg BT 530.01 81.10 Td (reasons. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 69.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 69.10 Td (e ) Tj ET Q q 0 0 0 rg BT 64.89 69.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 107.18 69.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 137.81 69.10 Td (for ) Tj ET Q q 0 0 0 rg BT 151.79 69.10 Td (each ) Tj ET Q q 0 0 0 rg BT 172.41 69.10 Td (dif) Tj ET Q q 0 0 0 rg BT 183.34 69.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 208.97 69.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 224.60 69.10 Td (of ) Tj ET Q q 0 0 0 rg BT 235.24 69.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 268.10 69.10 Td (service ) Tj ET Q q 0 0 0 rg BT 298.72 69.10 Td (through ) Tj ET Q q 0 0 0 rg BT 332.14 69.10 Td (an ) Tj ET Q q 0 0 0 rg BT 343.89 69.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 378.42 69.10 Td (of ) Tj ET Q q 0 0 0 rg BT 389.06 69.10 Td (speed, ) Tj ET Q q 0 0 0 rg BT 416.64 69.10 Td (market ) Tj ET Q q 0 0 0 rg BT 446.72 69.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 493.19 69.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.94 69.10 Td (other ) Tj ET Q q 0 0 0 rg BT 532.80 69.10 Td (factors.) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 21.60 Td (I-8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.65 713.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 103.97 713.10 Td (we ) Tj ET Q q 0 0 0 rg BT 118.45 713.10 Td (introduced ) Tj ET Q q 0 0 0 rg BT 164.03 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 179.06 713.10 Td (") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.15 713.10 Td (Connect ) Tj ET Q q 0 0 0 rg BT 221.52 713.10 Td (Box) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.19 713.10 Td (", ) Tj ET Q q 0 0 0 rg BT 247.59 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 254.85 713.10 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 295.98 713.10 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 348.22 713.10 Td (device ) Tj ET Q q 0 0 0 rg BT 377.14 713.10 Td (that ) Tj ET Q q 0 0 0 rg BT 394.95 713.10 Td (delivers ) Tj ET Q q 0 0 0 rg BT 429.42 713.10 Td (superior ) Tj ET Q q 0 0 0 rg BT 465.01 713.10 Td (in-home ) Tj ET Q q 0 0 0 rg BT 500.95 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 509.99 713.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 523.93 713.10 Td (coverage. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.82 701.10 Td (Connect ) Tj ET Q q 0 0 0 rg BT 103.91 701.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 123.35 701.10 Td (is ) Tj ET Q q 0 0 0 rg BT 132.80 701.10 Td (a ) Tj ET Q q 0 0 0 rg BT 139.81 701.10 Td (W) Tj ET Q q 0 0 0 rg BT 148.84 701.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 162.73 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 179.94 701.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 222.15 701.10 Td (gateway ) Tj ET Q q 0 0 0 rg BT 258.23 701.10 Td (that ) Tj ET Q q 0 0 0 rg BT 276.00 701.10 Td (enables ) Tj ET Q q 0 0 0 rg BT 308.76 701.10 Td (us ) Tj ET Q q 0 0 0 rg BT 320.42 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 330.97 701.10 Td (maximize ) Tj ET Q q 0 0 0 rg BT 373.17 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.15 701.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 418.14 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 429.24 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 445.34 701.10 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 480.87 701.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 525.85 701.10 Td (networks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 62.01 689.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 103.40 689.10 Td (reliable ) Tj ET Q q 0 0 0 rg BT 135.89 689.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 171.17 689.10 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 223.10 689.10 Td (anywhere ) Tj ET Q q 0 0 0 rg BT 264.48 689.10 Td (in ) Tj ET Q q 0 0 0 rg BT 274.76 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 289.49 689.10 Td (home. ) Tj ET Q q 0 0 0 rg BT 316.71 689.10 Td (It ) Tj ET Q q 0 0 0 rg BT 325.33 689.10 Td (has ) Tj ET Q q 0 0 0 rg BT 341.16 689.10 Td (an ) Tj ET Q q 0 0 0 rg BT 353.11 689.10 Td (automatic ) Tj ET Q q 0 0 0 rg BT 394.86 689.10 Td (W) Tj ET Q q 0 0 0 rg BT 403.90 689.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 417.53 689.10 Td (optimization ) Tj ET Q q 0 0 0 rg BT 470.58 689.10 Td (function, ) Tj ET Q q 0 0 0 rg BT 508.91 689.10 Td (which ) Tj ET Q q 0 0 0 rg BT 535.86 689.10 Td (selects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.89 677.10 Td (best ) Tj ET Q q 0 0 0 rg BT 82.18 677.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 117.14 677.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 152.08 677.10 Td (frequency ) Tj ET Q q 0 0 0 rg BT 194.24 677.10 Td (at ) Tj ET Q q 0 0 0 rg BT 203.63 677.10 Td (any ) Tj ET Q q 0 0 0 rg BT 220.25 677.10 Td (given ) Tj ET Q q 0 0 0 rg BT 244.64 677.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 266.94 677.10 Td (This ) Tj ET Q q 0 0 0 rg BT 286.89 677.10 Td (gateway ) Tj ET Q q 0 0 0 rg BT 322.38 677.10 Td (can ) Tj ET Q q 0 0 0 rg BT 338.44 677.10 Td (be ) Tj ET Q q 0 0 0 rg BT 350.06 677.10 Td (self-installed ) Tj ET Q q 0 0 0 rg BT 403.88 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 420.50 677.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 448.79 677.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 491.51 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 501.47 677.10 Td (customize ) Tj ET Q q 0 0 0 rg BT 544.19 677.10 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (home ) Tj ET Q q 0 0 0 rg BT 73.48 665.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.51 665.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 95.53 665.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 128.24 665.10 Td (Robust ) Tj ET Q q 0 0 0 rg BT 158.48 665.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 193.14 665.10 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 244.47 665.10 Td (is ) Tj ET Q q 0 0 0 rg BT 253.04 665.10 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 303.81 665.10 Td (important ) Tj ET Q q 0 0 0 rg BT 344.58 665.10 Td (with ) Tj ET Q q 0 0 0 rg BT 364.26 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 379.49 665.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 421.93 665.10 Td (spending ) Tj ET Q q 0 0 0 rg BT 459.94 665.10 Td (more ) Tj ET Q q 0 0 0 rg BT 482.38 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 498.72 665.10 Td (more ) Tj ET Q q 0 0 0 rg BT 521.16 665.10 Td (time ) Tj ET Q q 0 0 0 rg BT 540.83 665.10 Td (using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (bandwidth-heavy ) Tj ET Q q 0 0 0 rg BT 122.23 653.10 Td (services ) Tj ET Q q 0 0 0 rg BT 157.75 653.10 Td (on ) Tj ET Q q 0 0 0 rg BT 171.06 653.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 207.70 653.10 Td (devices. ) Tj ET Q q 0 0 0 rg BT 243.50 653.10 Td (In ) Tj ET Q q 0 0 0 rg BT 255.14 653.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 293.72 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.81 653.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 330.62 653.10 Td (we ) Tj ET Q q 0 0 0 rg BT 345.59 653.10 Td (have ) Tj ET Q q 0 0 0 rg BT 367.78 653.10 Td (added ) Tj ET Q q 0 0 0 rg BT 394.73 653.10 Td (W) Tj ET Q q 0 0 0 rg BT 403.77 653.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 418.20 653.10 Td (boosters ) Tj ET Q q 0 0 0 rg BT 454.84 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 465.93 653.10 Td (our ) Tj ET Q q 0 0 0 rg BT 482.57 653.10 Td (product ) Tj ET Q q 0 0 0 rg BT 516.42 653.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 554.73 653.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (support ) Tj ET Q q 0 0 0 rg BT 82.00 641.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 125.05 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 135.33 641.10 Td (their ) Tj ET Q q 0 0 0 rg BT 155.97 641.10 Td (W) Tj ET Q q 0 0 0 rg BT 165.01 641.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 178.63 641.10 Td (connectivity) Tj ET Q q 0 0 0 rg BT 227.41 641.10 Td (, ) Tj ET Q q 0 0 0 rg BT 232.41 641.10 Td (which ) Tj ET Q q 0 0 0 rg BT 259.34 641.10 Td (we ) Tj ET Q q 0 0 0 rg BT 273.50 641.10 Td (have ) Tj ET Q q 0 0 0 rg BT 294.88 641.10 Td (actively ) Tj ET Q q 0 0 0 rg BT 329.03 641.10 Td (promoted ) Tj ET Q q 0 0 0 rg BT 369.86 641.10 Td (through ) Tj ET Q q 0 0 0 rg BT 403.46 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.18 641.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 444.57 641.10 Td (Power ) Tj ET Q q 0 0 0 rg BT 472.62 641.10 Td (Promise ) Tj ET Q q 0 0 0 rg BT 507.90 641.10 Td (campaign. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 619.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 619.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.85 619.10 Td (have ) Tj ET Q q 0 0 0 rg BT 106.01 619.10 Td (deployed ) Tj ET Q q 0 0 0 rg BT 145.94 619.10 Td (community ) Tj ET Q q 0 0 0 rg BT 194.53 619.10 Td (W) Tj ET Q q 0 0 0 rg BT 203.57 619.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 217.97 619.10 Td (via ) Tj ET Q q 0 0 0 rg BT 233.46 619.10 Td (routers ) Tj ET Q q 0 0 0 rg BT 264.51 619.10 Td (in ) Tj ET Q q 0 0 0 rg BT 275.57 619.10 Td (our ) Tj ET Q q 0 0 0 rg BT 292.17 619.10 Td (customers) Tj ET Q q 0 0 0 rg BT 335.31 619.10 Td ( ) Tj ET Q q 0 0 0 rg BT 338.59 619.10 Td (homes ) Tj ET Q q 0 0 0 rg BT 367.97 619.10 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.80 619.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 440.95 619.10 Td (W) Tj ET Q q 0 0 0 rg BT 450.77 619.10 Td (iFi) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.44 619.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 471.54 619.10 Td (which ) Tj ET Q q 0 0 0 rg BT 499.26 619.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 536.98 619.10 Td (secure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.10 Td (access ) Tj ET Q q 0 0 0 rg BT 77.90 607.10 Td (to ) Tj ET Q q 0 0 0 rg BT 88.55 607.10 Td (the ) Tj ET Q q 0 0 0 rg BT 103.63 607.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 137.04 607.10 Td (for ) Tj ET Q q 0 0 0 rg BT 151.56 607.10 Td (our ) Tj ET Q q 0 0 0 rg BT 167.76 607.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 213.67 607.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 264.11 607.10 Td (W) Tj ET Q q 0 0 0 rg BT 273.15 607.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 287.13 607.10 Td (is ) Tj ET Q q 0 0 0 rg BT 296.67 607.10 Td (enabled ) Tj ET Q q 0 0 0 rg BT 330.62 607.10 Td (by ) Tj ET Q q 0 0 0 rg BT 343.49 607.10 Td (a ) Tj ET Q q 0 0 0 rg BT 350.79 607.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 374.75 607.10 Td (modem ) Tj ET Q q 0 0 0 rg BT 407.41 607.10 Td (W) Tj ET Q q 0 0 0 rg BT 416.44 607.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 430.43 607.10 Td (access ) Tj ET Q q 0 0 0 rg BT 458.83 607.10 Td (point ) Tj ET Q q 0 0 0 rg BT 482.25 607.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.58 607.10 Td (W) Tj ET Q q 0 0 0 rg BT 495.40 607.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 509.93 607.10 Td (modem) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.59 607.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 550.29 607.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 595.10 Td (Connect ) Tj ET Q q 0 0 0 rg BT 85.29 595.10 Td (Box, ) Tj ET Q q 0 0 0 rg BT 106.92 595.10 Td (or ) Tj ET Q q 0 0 0 rg BT 117.71 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.39 595.10 Td (MediaBox ) Tj ET Q q 0 0 0 rg BT 177.07 595.10 Td (XL) Tj ET Q q 0 0 0 rg BT 190.03 595.10 Td ( ) Tj ET Q q 0 0 0 rg BT 192.49 595.10 Td (box ) Tj ET Q q 0 0 0 rg BT 209.95 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 220.75 595.10 Td (our ) Tj ET Q q 0 0 0 rg BT 236.54 595.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 269.54 595.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 314.88 595.10 Td (The ) Tj ET Q q 0 0 0 rg BT 332.88 595.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 382.95 595.10 Td (W) Tj ET Q q 0 0 0 rg BT 391.99 595.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 405.57 595.10 Td (is ) Tj ET Q q 0 0 0 rg BT 414.70 595.10 Td (created ) Tj ET Q q 0 0 0 rg BT 446.03 595.10 Td (through ) Tj ET Q q 0 0 0 rg BT 479.60 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 494.28 595.10 Td (sharing ) Tj ET Q q 0 0 0 rg BT 526.18 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 536.97 595.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.73 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.41 583.10 Td (public ) Tj ET Q q 0 0 0 rg BT 101.86 583.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 135.41 583.10 Td (of ) Tj ET Q q 0 0 0 rg BT 146.19 583.10 Td (our ) Tj ET Q q 0 0 0 rg BT 161.98 583.10 Td (customers) Tj ET Q q 0 0 0 rg BT 205.12 583.10 Td ( ) Tj ET Q q 0 0 0 rg BT 207.57 583.10 Td (home ) Tj ET Q q 0 0 0 rg BT 232.24 583.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 267.47 583.10 Td (routers. ) Tj ET Q q 0 0 0 rg BT 300.19 583.10 Td (Use ) Tj ET Q q 0 0 0 rg BT 318.20 583.10 Td (of ) Tj ET Q q 0 0 0 rg BT 328.99 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 343.66 583.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 393.72 583.10 Td (W) Tj ET Q q 0 0 0 rg BT 402.76 583.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 416.33 583.10 Td (does ) Tj ET Q q 0 0 0 rg BT 437.12 583.10 Td (not ) Tj ET Q q 0 0 0 rg BT 452.35 583.10 Td (af) Tj ET Q q 0 0 0 rg BT 459.94 583.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 477.38 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 492.06 583.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 525.06 583.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 554.17 583.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.51 571.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 111.05 571.10 Td (The ) Tj ET Q q 0 0 0 rg BT 129.28 571.10 Td (public ) Tj ET Q q 0 0 0 rg BT 156.95 571.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 190.73 571.10 Td (is ) Tj ET Q q 0 0 0 rg BT 200.08 571.10 Td (a ) Tj ET Q q 0 0 0 rg BT 207.20 571.10 Td (separate ) Tj ET Q q 0 0 0 rg BT 242.64 571.10 Td (network ) Tj ET Q q 0 0 0 rg BT 278.09 571.10 Td (from ) Tj ET Q q 0 0 0 rg BT 300.21 571.10 Td (the ) Tj ET Q q 0 0 0 rg BT 315.11 571.10 Td (secure ) Tj ET Q q 0 0 0 rg BT 343.33 571.10 Td (private ) Tj ET Q q 0 0 0 rg BT 373.77 571.10 Td (network ) Tj ET Q q 0 0 0 rg BT 409.22 571.10 Td (used ) Tj ET Q q 0 0 0 rg BT 430.24 571.10 Td (by ) Tj ET Q q 0 0 0 rg BT 442.92 571.10 Td (the ) Tj ET Q q 0 0 0 rg BT 457.82 571.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 497.15 571.10 Td (within ) Tj ET Q q 0 0 0 rg BT 525.39 571.10 Td (the ) Tj ET Q q 0 0 0 rg BT 540.29 571.10 Td (home ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.92 559.10 Td (is ) Tj ET Q q 0 0 0 rg BT 74.58 559.10 Td (automatically ) Tj ET Q q 0 0 0 rg BT 130.99 559.10 Td (enabled ) Tj ET Q q 0 0 0 rg BT 164.07 559.10 Td (when ) Tj ET Q q 0 0 0 rg BT 187.71 559.10 Td (the ) Tj ET Q q 0 0 0 rg BT 201.77 559.10 Td (W) Tj ET Q q 0 0 0 rg BT 210.81 559.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 223.91 559.10 Td (modem ) Tj ET Q q 0 0 0 rg BT 255.89 559.10 Td (is ) Tj ET Q q 0 0 0 rg BT 264.54 559.10 Td (installed. ) Tj ET Q q 0 0 0 rg BT 302.47 559.10 Td (Access ) Tj ET Q q 0 0 0 rg BT 332.78 559.10 Td (is ) Tj ET Q q 0 0 0 rg BT 341.43 559.10 Td (free ) Tj ET Q q 0 0 0 rg BT 358.96 559.10 Td (for ) Tj ET Q q 0 0 0 rg BT 372.60 559.10 Td (our ) Tj ET Q q 0 0 0 rg BT 387.92 559.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 420.44 559.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 465.47 559.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 483.01 559.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 525.54 559.10 Td (also ) Tj ET Q q 0 0 0 rg BT 543.64 559.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.10 Td (access ) Tj ET Q q 0 0 0 rg BT 77.62 547.10 Td (to ) Tj ET Q q 0 0 0 rg BT 87.97 547.10 Td (an ) Tj ET Q q 0 0 0 rg BT 99.99 547.10 Td (extensive ) Tj ET Q q 0 0 0 rg BT 140.33 547.10 Td (network ) Tj ET Q q 0 0 0 rg BT 175.68 547.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.58 547.10 Td (public ) Tj ET Q q 0 0 0 rg BT 213.97 547.10 Td (W) Tj ET Q q 0 0 0 rg BT 223.01 547.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 236.71 547.10 Td (access ) Tj ET Q q 0 0 0 rg BT 264.82 547.10 Td (points, ) Tj ET Q q 0 0 0 rg BT 294.35 547.10 Td (\(covering ) Tj ET Q q 0 0 0 rg BT 335.24 547.10 Td (stadiums, ) Tj ET Q q 0 0 0 rg BT 375.88 547.10 Td (shopping ) Tj ET Q q 0 0 0 rg BT 415.12 547.10 Td (centers, ) Tj ET Q q 0 0 0 rg BT 448.52 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 465.53 547.10 Td (other ) Tj ET Q q 0 0 0 rg BT 488.66 547.10 Td (public ) Tj ET Q q 0 0 0 rg BT 516.23 547.10 Td (places\). ) Tj ET Q q 0 0 0 rg BT 549.44 547.10 Td (W) Tj ET Q q 0 0 0 rg BT 558.08 547.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.10 Td (have ) Tj ET Q q 0 0 0 rg BT 70.51 535.10 Td (expanded ) Tj ET Q q 0 0 0 rg BT 110.96 535.10 Td (our ) Tj ET Q q 0 0 0 rg BT 126.43 535.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 176.19 535.10 Td (W) Tj ET Q q 0 0 0 rg BT 185.23 535.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 198.48 535.10 Td (through ) Tj ET Q q 0 0 0 rg BT 231.73 535.10 Td (access ) Tj ET Q q 0 0 0 rg BT 259.40 535.10 Td (points ) Tj ET Q q 0 0 0 rg BT 285.98 535.10 Td (covering ) Tj ET Q q 0 0 0 rg BT 323.10 535.10 Td (public ) Tj ET Q q 0 0 0 rg BT 350.23 535.10 Td (places. ) Tj ET Q q 0 0 0 rg BT 379.38 535.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.52 535.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 449.74 535.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.74 535.10 Td (, ) Tj ET Q q 0 0 0 rg BT 474.37 535.10 Td (we ) Tj ET Q q 0 0 0 rg BT 488.17 535.10 Td (had ) Tj ET Q q 0 0 0 rg BT 504.74 535.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.10 Td (two ) Tj ET Q q 0 0 0 rg BT 67.10 523.10 Td (million ) Tj ET Q q 0 0 0 rg BT 98.41 523.10 Td (W) Tj ET Q q 0 0 0 rg BT 107.45 523.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 121.17 523.10 Td (access ) Tj ET Q q 0 0 0 rg BT 149.31 523.10 Td (points ) Tj ET Q q 0 0 0 rg BT 176.36 523.10 Td (in ) Tj ET Q q 0 0 0 rg BT 186.74 523.10 Td (our ) Tj ET Q q 0 0 0 rg BT 202.67 523.10 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 242.77 523.10 Td (In ) Tj ET Q q 0 0 0 rg BT 253.70 523.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 291.58 523.10 Td (our ) Tj ET Q q 0 0 0 rg BT 307.51 523.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 340.65 523.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 383.80 523.10 Td (have ) Tj ET Q q 0 0 0 rg BT 405.28 523.10 Td (access ) Tj ET Q q 0 0 0 rg BT 433.42 523.10 Td (to ) Tj ET Q q 0 0 0 rg BT 443.80 523.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.62 523.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 508.82 523.10 Td (W) Tj ET Q q 0 0 0 rg BT 517.86 523.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 531.58 523.10 Td (in ) Tj ET Q q 0 0 0 rg BT 541.96 523.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.10 Td (European ) Tj ET Q q 0 0 0 rg BT 90.32 511.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 129.47 511.10 Td (through ) Tj ET Q q 0 0 0 rg BT 163.08 511.10 Td (an ) Tj ET Q q 0 0 0 rg BT 175.02 511.10 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 227.49 511.10 Td (with ) Tj ET Q q 0 0 0 rg BT 247.77 511.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 279.70 511.10 Td (Global.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 489.10 Td (Mobile Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 467.10 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 98.23 467.10 Td (services ) Tj ET Q q 0 0 0 rg BT 132.27 467.10 Td (are ) Tj ET Q q 0 0 0 rg BT 146.32 467.10 Td (another ) Tj ET Q q 0 0 0 rg BT 178.15 467.10 Td (key ) Tj ET Q q 0 0 0 rg BT 194.42 467.10 Td (building ) Tj ET Q q 0 0 0 rg BT 229.60 467.10 Td (block ) Tj ET Q q 0 0 0 rg BT 253.66 467.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.16 467.10 Td (us ) Tj ET Q q 0 0 0 rg BT 277.89 467.10 Td (to ) Tj ET Q q 0 0 0 rg BT 287.50 467.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 319.89 467.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 362.28 467.10 Td (with ) Tj ET Q q 0 0 0 rg BT 381.90 467.10 Td (seamless ) Tj ET Q q 0 0 0 rg BT 419.28 467.10 Td (connectivity) Tj ET Q q 0 0 0 rg BT 468.06 467.10 Td (. ) Tj ET Q q 0 0 0 rg BT 472.27 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 480.91 467.10 Td (e ) Tj ET Q q 0 0 0 rg BT 487.19 467.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 519.57 467.10 Td (our ) Tj ET Q q 0 0 0 rg BT 534.74 467.10 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (services ) Tj ET Q q 0 0 0 rg BT 83.43 455.10 Td (nationwide ) Tj ET Q q 0 0 0 rg BT 129.58 455.10 Td (through ) Tj ET Q q 0 0 0 rg BT 162.41 455.10 Td (our ) Tj ET Q q 0 0 0 rg BT 177.45 455.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 218.61 455.10 Td (evolution ) Tj ET Q q 0 0 0 rg BT 258.10 455.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.43 455.10 Td (L) Tj ET Q q 0 0 0 rg BT 267.18 455.10 Td (TE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.52 455.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 285.57 455.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 320.06 455.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 356.48 455.10 Td (also ) Tj ET Q q 0 0 0 rg BT 374.31 455.10 Td (called ) Tj ET Q q 0 0 0 rg BT 399.90 455.10 Td (4G, ) Tj ET Q q 0 0 0 rg BT 425.22 455.10 Td (as ) Tj ET Q q 0 0 0 rg BT 435.27 455.10 Td (well ) Tj ET Q q 0 0 0 rg BT 454.20 455.10 Td (as ) Tj ET Q q 0 0 0 rg BT 464.25 455.10 Td (our ) Tj ET Q q 0 0 0 rg BT 479.30 455.10 Td (2G ) Tj ET Q q 0 0 0 rg BT 493.24 455.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.40 455.10 Td (3G ) Tj ET Q q 0 0 0 rg BT 523.34 455.10 Td (networks. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 443.10 Td (e ) Tj ET Q q 0 0 0 rg BT 64.78 443.10 Td (have ) Tj ET Q q 0 0 0 rg BT 85.87 443.10 Td (over ) Tj ET Q q 0 0 0 rg BT 105.84 443.10 Td (4,700 ) Tj ET Q q 0 0 0 rg BT 130.55 443.10 Td (base ) Tj ET Q q 0 0 0 rg BT 150.52 443.10 Td (stations ) Tj ET Q q 0 0 0 rg BT 183.28 443.10 Td (with ) Tj ET Q q 0 0 0 rg BT 203.27 443.10 Td (over ) Tj ET Q q 0 0 0 rg BT 223.24 443.10 Td (95% ) Tj ET Q q 0 0 0 rg BT 243.78 443.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.31 443.10 Td (them ) Tj ET Q q 0 0 0 rg BT 276.52 443.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 309.25 443.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.79 443.10 Td (high ) Tj ET Q q 0 0 0 rg BT 339.77 443.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 375.29 443.10 Td (transmission. ) Tj ET Q q 0 0 0 rg BT 430.39 443.10 Td (This ) Tj ET Q q 0 0 0 rg BT 450.38 443.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 478.69 443.10 Td (us ) Tj ET Q q 0 0 0 rg BT 489.79 443.10 Td (to ) Tj ET Q q 0 0 0 rg BT 499.77 443.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 532.53 443.10 Td (reliable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (high ) Tj ET Q q 0 0 0 rg BT 69.61 431.10 Td (speed ) Tj ET Q q 0 0 0 rg BT 94.71 431.10 Td (data ) Tj ET Q q 0 0 0 rg BT 113.69 431.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 166.58 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 183.34 431.10 Td (ample ) Tj ET Q q 0 0 0 rg BT 210.11 431.10 Td (data ) Tj ET Q q 0 0 0 rg BT 229.09 431.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 264.73 431.10 Td (in ) Tj ET Q q 0 0 0 rg BT 274.84 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.60 431.10 Td (out ) Tj ET Q q 0 0 0 rg BT 306.71 431.10 Td (of ) Tj ET Q q 0 0 0 rg BT 317.37 431.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.92 431.10 Td (home. ) Tj ET Q q 0 0 0 rg BT 358.96 431.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 376.84 431.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 406.95 431.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 454.27 431.10 Td (are ) Tj ET Q q 0 0 0 rg BT 468.80 431.10 Td (able ) Tj ET Q q 0 0 0 rg BT 487.79 431.10 Td (to ) Tj ET Q q 0 0 0 rg BT 497.89 431.10 Td (call, ) Tj ET Q q 0 0 0 rg BT 517.16 431.10 Td (text, ) Tj ET Q q 0 0 0 rg BT 536.98 431.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.95 419.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 101.23 419.10 Td (stream ) Tj ET Q q 0 0 0 rg BT 131.13 419.10 Td (music, ) Tj ET Q q 0 0 0 rg BT 160.75 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.43 419.10 Td (watch ) Tj ET Q q 0 0 0 rg BT 205.54 419.10 Td (videos ) Tj ET Q q 0 0 0 rg BT 234.89 419.10 Td (both ) Tj ET Q q 0 0 0 rg BT 255.90 419.10 Td (in ) Tj ET Q q 0 0 0 rg BT 266.92 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 284.59 419.10 Td (out ) Tj ET Q q 0 0 0 rg BT 300.61 419.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.18 419.10 Td (the ) Tj ET Q q 0 0 0 rg BT 327.63 419.10 Td (home. ) Tj ET Q q 0 0 0 rg BT 355.35 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 363.99 419.10 Td (e ) Tj ET Q q 0 0 0 rg BT 371.66 419.10 Td (also ) Tj ET Q q 0 0 0 rg BT 391.01 419.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 424.79 419.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 455.80 419.10 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 499.03 419.10 Td (access ) Tj ET Q q 0 0 0 rg BT 527.80 419.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (hosting ) Tj ET Q q 0 0 0 rg BT 81.45 407.10 Td (several ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.26 407.10 Td (MVNO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.82 407.10 Td (s ) Tj ET Q q 0 0 0 rg BT 149.21 407.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.54 407.10 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 184.86 407.10 Td (V) Tj ET Q q 0 0 0 rg BT 191.71 407.10 Td (irtual ) Tj ET Q q 0 0 0 rg BT 218.09 407.10 Td (Network ) Tj ET Q q 0 0 0 rg BT 257.81 407.10 Td (Operator) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.79 407.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 303.62 407.10 Td (on ) Tj ET Q q 0 0 0 rg BT 316.12 407.10 Td (our ) Tj ET Q q 0 0 0 rg BT 331.95 407.10 Td (networks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 385.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 385.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.45 385.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 119.32 385.10 Td (char) Tj ET Q q 0 0 0 rg BT 136.34 385.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 147.66 385.10 Td (a ) Tj ET Q q 0 0 0 rg BT 153.97 385.10 Td (one-time ) Tj ET Q q 0 0 0 rg BT 191.39 385.10 Td (activation ) Tj ET Q q 0 0 0 rg BT 232.69 385.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 246.77 385.10 Td (to ) Tj ET Q q 0 0 0 rg BT 256.43 385.10 Td (our ) Tj ET Q q 0 0 0 rg BT 271.63 385.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 314.05 385.10 Td (for ) Tj ET Q q 0 0 0 rg BT 327.59 385.10 Td (each ) Tj ET Q q 0 0 0 rg BT 347.78 385.10 Td (SIM ) Tj ET Q q 0 0 0 rg BT 367.44 385.10 Td (card. ) Tj ET Q q 0 0 0 rg BT 389.02 385.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 406.45 385.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 436.09 385.10 Td (services ) Tj ET Q q 0 0 0 rg BT 470.18 385.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 507.04 385.10 Td (include ) Tj ET Q q 0 0 0 rg BT 538.35 385.10 Td (voice, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (short ) Tj ET Q q 0 0 0 rg BT 72.48 373.10 Td (message ) Tj ET Q q 0 0 0 rg BT 109.33 373.10 Td (service ) Tj ET Q q 0 0 0 rg BT 140.63 373.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 143.96 373.10 Td (SMS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.52 373.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 170.82 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 188.24 373.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 221.76 373.10 Td (access. ) Tj ET Q q 0 0 0 rg BT 252.77 373.10 Td (Calls, ) Tj ET Q q 0 0 0 rg BT 278.81 373.10 Td (both ) Tj ET Q q 0 0 0 rg BT 299.56 373.10 Td (within ) Tj ET Q q 0 0 0 rg BT 328.10 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.51 373.10 Td (out ) Tj ET Q q 0 0 0 rg BT 361.27 373.10 Td (of ) Tj ET Q q 0 0 0 rg BT 372.58 373.10 Td (network, ) Tj ET Q q 0 0 0 rg BT 410.82 373.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 434.35 373.10 Td (a ) Tj ET Q q 0 0 0 rg BT 441.76 373.10 Td (char) Tj ET Q q 0 0 0 rg BT 458.79 373.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 471.21 373.10 Td (or ) Tj ET Q q 0 0 0 rg BT 482.51 373.10 Td (are ) Tj ET Q q 0 0 0 rg BT 497.70 373.10 Td (covered ) Tj ET Q q 0 0 0 rg BT 532.32 373.10 Td (under ) Tj ET Q q 0 0 0 rg BT 558.07 373.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 86.08 361.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 122.10 361.10 Td (service ) Tj ET Q q 0 0 0 rg BT 153.11 361.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 175.51 361.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 193.75 361.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 224.22 361.10 Td (services ) Tj ET Q q 0 0 0 rg BT 259.11 361.10 Td (are ) Tj ET Q q 0 0 0 rg BT 274.01 361.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 313.91 361.10 Td (on ) Tj ET Q q 0 0 0 rg BT 326.60 361.10 Td (a ) Tj ET Q q 0 0 0 rg BT 333.73 361.10 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 370.30 361.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 392.99 361.10 Td (with ) Tj ET Q q 0 0 0 rg BT 413.46 361.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 456.70 361.10 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 505.50 361.10 Td (to ) Tj ET Q q 0 0 0 rg BT 515.96 361.10 Td (services ) Tj ET Q q 0 0 0 rg BT 550.86 361.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.29 349.10 Td (ranging ) Tj ET Q q 0 0 0 rg BT 114.19 349.10 Td (from ) Tj ET Q q 0 0 0 rg BT 135.98 349.10 Td (activation ) Tj ET Q q 0 0 0 rg BT 177.76 349.10 Td (for ) Tj ET Q q 0 0 0 rg BT 191.78 349.10 Td (a ) Tj ET Q q 0 0 0 rg BT 198.57 349.10 Td (SIM-only ) Tj ET Q q 0 0 0 rg BT 239.81 349.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 274.37 349.10 Td (to ) Tj ET Q q 0 0 0 rg BT 284.50 349.10 Td (up ) Tj ET Q q 0 0 0 rg BT 296.85 349.10 Td (to ) Tj ET Q q 0 0 0 rg BT 306.98 349.10 Td (24 ) Tj ET Q q 0 0 0 rg BT 319.33 349.10 Td (months, ) Tj ET Q q 0 0 0 rg BT 353.63 349.10 Td (with ) Tj ET Q q 0 0 0 rg BT 373.76 349.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.33 349.10 Td (latter ) Tj ET Q q 0 0 0 rg BT 411.23 349.10 Td (often ) Tj ET Q q 0 0 0 rg BT 434.13 349.10 Td (taken ) Tj ET Q q 0 0 0 rg BT 458.13 349.10 Td (with ) Tj ET Q q 0 0 0 rg BT 478.27 349.10 Td (a ) Tj ET Q q 0 0 0 rg BT 485.06 349.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 515.18 349.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 548.08 349.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.04 337.10 Td (option ) Tj ET Q q 0 0 0 rg BT 91.91 337.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.01 337.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 118.76 337.10 Td (of) Tj ET Q q 0 0 0 rg BT 126.91 337.10 Td (f ) Tj ET Q q 0 0 0 rg BT 132.56 337.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.10 337.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 179.96 337.10 Td (over ) Tj ET Q q 0 0 0 rg BT 200.05 337.10 Td (a ) Tj ET Q q 0 0 0 rg BT 206.81 337.10 Td (period ) Tj ET Q q 0 0 0 rg BT 234.67 337.10 Td (not ) Tj ET Q q 0 0 0 rg BT 249.77 337.10 Td (to ) Tj ET Q q 0 0 0 rg BT 259.86 337.10 Td (exceed ) Tj ET Q q 0 0 0 rg BT 289.94 337.10 Td (24 ) Tj ET Q q 0 0 0 rg BT 302.25 337.10 Td (months. ) Tj ET Q q 0 0 0 rg BT 336.35 337.10 Td (W) Tj ET Q q 0 0 0 rg BT 344.99 337.10 Td (e ) Tj ET Q q 0 0 0 rg BT 351.75 337.10 Td (also ) Tj ET Q q 0 0 0 rg BT 370.17 337.10 Td (of) Tj ET Q q 0 0 0 rg BT 378.32 337.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 391.74 337.10 Td (a ) Tj ET Q q 0 0 0 rg BT 398.50 337.10 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 430.80 337.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 463.94 337.10 Td (where ) Tj ET Q q 0 0 0 rg BT 490.68 337.10 Td (the ) Tj ET Q q 0 0 0 rg BT 505.22 337.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 548.08 337.10 Td (pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.78 325.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 95.03 325.10 Td (for ) Tj ET Q q 0 0 0 rg BT 109.19 325.10 Td (a ) Tj ET Q q 0 0 0 rg BT 116.13 325.10 Td (pre-determined ) Tj ET Q q 0 0 0 rg BT 179.71 325.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 212.21 325.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.04 325.10 Td (airtime ) Tj ET Q q 0 0 0 rg BT 253.86 325.10 Td (or ) Tj ET Q q 0 0 0 rg BT 264.69 325.10 Td (data ) Tj ET Q q 0 0 0 rg BT 283.84 325.10 Td (and ) Tj ET Q q 0 0 0 rg BT 300.78 325.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 340.48 325.10 Td (have ) Tj ET Q q 0 0 0 rg BT 361.86 325.10 Td (no ) Tj ET Q q 0 0 0 rg BT 374.36 325.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 415.75 325.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 450.45 325.10 Td (term.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 303.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.31 303.10 Td (June ) Tj ET Q q 0 0 0 rg BT 99.12 303.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 123.92 303.10 Td (V) Tj ET Q q 0 0 0 rg BT 129.85 303.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 164.54 303.10 Td (launched ) Tj ET Q q 0 0 0 rg BT 203.12 303.10 Td (a ) Tj ET Q q 0 0 0 rg BT 210.04 303.10 Td (new ) Tj ET Q q 0 0 0 rg BT 229.18 303.10 Td (type ) Tj ET Q q 0 0 0 rg BT 248.87 303.10 Td (of ) Tj ET Q q 0 0 0 rg BT 259.68 303.10 Td (subscription, ) Tj ET Q q 0 0 0 rg BT 313.55 303.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.99 303.10 Td (Red ) Tj ET Q q 0 0 0 rg BT 337.51 303.10 Td (T) Tj ET Q q 0 0 0 rg BT 343.26 303.10 Td (ogether) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.47 303.10 Td (. ) Tj ET Q q 0 0 0 rg BT 385.27 303.10 Td (This ) Tj ET Q q 0 0 0 rg BT 405.53 303.10 Td (of) Tj ET Q q 0 0 0 rg BT 413.68 303.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 427.26 303.10 Td (enables ) Tj ET Q q 0 0 0 rg BT 459.73 303.10 Td (family ) Tj ET Q q 0 0 0 rg BT 488.31 303.10 Td (members ) Tj ET Q q 0 0 0 rg BT 527.45 303.10 Td (to ) Tj ET Q q 0 0 0 rg BT 537.70 303.10 Td (mer) Tj ET Q q 0 0 0 rg BT 553.07 303.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.10 Td (subscriptions, ) Tj ET Q q 0 0 0 rg BT 107.27 291.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 144.76 291.10 Td (in ) Tj ET Q q 0 0 0 rg BT 155.04 291.10 Td (one ) Tj ET Q q 0 0 0 rg BT 171.97 291.10 Td (lar) Tj ET Q q 0 0 0 rg BT 182.34 291.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 194.27 291.10 Td (data ) Tj ET Q q 0 0 0 rg BT 213.42 291.10 Td (bundle ) Tj ET Q q 0 0 0 rg BT 243.13 291.10 Td (for ) Tj ET Q q 0 0 0 rg BT 257.29 291.10 Td (all ) Tj ET Q q 0 0 0 rg BT 269.78 291.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.05 291.10 Td (share. ) Tj ET Q q 0 0 0 rg BT 306.15 291.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 351.42 291.10 Td (opting ) Tj ET Q q 0 0 0 rg BT 379.47 291.10 Td (for ) Tj ET Q q 0 0 0 rg BT 393.63 291.10 Td (this ) Tj ET Q q 0 0 0 rg BT 410.57 291.10 Td (of) Tj ET Q q 0 0 0 rg BT 418.72 291.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 432.31 291.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 463.67 291.10 Td (twice ) Tj ET Q q 0 0 0 rg BT 487.82 291.10 Td (the ) Tj ET Q q 0 0 0 rg BT 502.53 291.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 535.02 291.10 Td (of ) Tj ET Q q 0 0 0 rg BT 545.85 291.10 Td (data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (plus ) Tj ET Q q 0 0 0 rg BT 69.01 279.10 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 110.17 279.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 134.66 279.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.28 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 160.33 279.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 211.48 279.10 Td (as ) Tj ET Q q 0 0 0 rg BT 222.65 279.10 Td (well ) Tj ET Q q 0 0 0 rg BT 242.70 279.10 Td (as ) Tj ET Q q 0 0 0 rg BT 253.87 279.10 Td (all ) Tj ET Q q 0 0 0 rg BT 266.70 279.10 Td (other ) Tj ET Q q 0 0 0 rg BT 290.08 279.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 329.57 279.10 Td (in ) Tj ET Q q 0 0 0 rg BT 340.19 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.24 279.10 Td (European ) Tj ET Q q 0 0 0 rg BT 396.39 279.10 Td (Union ) Tj ET Q q 0 0 0 rg BT 424.23 279.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.56 279.10 Td (EU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.45 279.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 450.11 279.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 495.73 279.10 Td (can ) Tj ET Q q 0 0 0 rg BT 512.44 279.10 Td (create ) Tj ET Q q 0 0 0 rg BT 539.14 279.10 Td (a ) Tj ET Q q 0 0 0 rg BT 546.41 279.10 Td (Red ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 267.10 Td (ogether ) Tj ET Q q 0 0 0 rg BT 88.19 267.10 Td (group ) Tj ET Q q 0 0 0 rg BT 114.81 267.10 Td (starting ) Tj ET Q q 0 0 0 rg BT 148.10 267.10 Td (from ) Tj ET Q q 0 0 0 rg BT 170.83 267.10 Td (two ) Tj ET Q q 0 0 0 rg BT 189.12 267.10 Td (persons; ) Tj ET Q q 0 0 0 rg BT 225.74 267.10 Td (registering ) Tj ET Q q 0 0 0 rg BT 271.80 267.10 Td (their ) Tj ET Q q 0 0 0 rg BT 293.42 267.10 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 349.49 267.10 Td (under ) Tj ET Q q 0 0 0 rg BT 375.55 267.10 Td (one ) Tj ET Q q 0 0 0 rg BT 393.28 267.10 Td (account. ) Tj ET Q q 0 0 0 rg BT 429.93 267.10 Td (The ) Tj ET Q q 0 0 0 rg BT 448.77 267.10 Td (group ) Tj ET Q q 0 0 0 rg BT 475.39 267.10 Td (administrator ) Tj ET Q q 0 0 0 rg BT 532.00 267.10 Td (can ) Tj ET Q q 0 0 0 rg BT 549.17 267.10 Td (use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.10 Td (various ) Tj ET Q q 0 0 0 rg BT 80.38 255.10 Td (functionalities ) Tj ET Q q 0 0 0 rg BT 139.02 255.10 Td (in ) Tj ET Q q 0 0 0 rg BT 148.23 255.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.89 255.10 Td (My ) Tj ET Q q 0 0 0 rg BT 177.11 255.10 Td (V) Tj ET Q q 0 0 0 rg BT 183.05 255.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 216.69 255.10 Td (app, ) Tj ET Q q 0 0 0 rg BT 235.07 255.10 Td (like ) Tj ET Q q 0 0 0 rg BT 251.50 255.10 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 297.38 255.10 Td (usage ) Tj ET Q q 0 0 0 rg BT 321.58 255.10 Td (and ) Tj ET Q q 0 0 0 rg BT 337.46 255.10 Td (apportioning ) Tj ET Q q 0 0 0 rg BT 390.00 255.10 Td (data. ) Tj ET Q q 0 0 0 rg BT 410.59 255.10 Td (It ) Tj ET Q q 0 0 0 rg BT 418.14 255.10 Td (is ) Tj ET Q q 0 0 0 rg BT 426.24 255.10 Td (also ) Tj ET Q q 0 0 0 rg BT 443.79 255.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 478.00 255.10 Td (to ) Tj ET Q q 0 0 0 rg BT 487.22 255.10 Td (create ) Tj ET Q q 0 0 0 rg BT 512.52 255.10 Td (notifications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.66 243.10 Td (each ) Tj ET Q q 0 0 0 rg BT 84.48 243.10 Td (user ) Tj ET Q q 0 0 0 rg BT 103.64 243.10 Td (and ) Tj ET Q q 0 0 0 rg BT 120.57 243.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.85 243.10 Td (activate ) Tj ET Q q 0 0 0 rg BT 164.44 243.10 Td (a ) Tj ET Q q 0 0 0 rg BT 171.38 243.10 Td (pause ) Tj ET Q q 0 0 0 rg BT 196.65 243.10 Td (button.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 221.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.77 221.10 Td (of) Tj ET Q q 0 0 0 rg BT 93.92 221.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 107.75 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.81 221.10 Td (a ) Tj ET Q q 0 0 0 rg BT 125.97 221.10 Td (Red ) Tj ET Q q 0 0 0 rg BT 144.61 221.10 Td (T) Tj ET Q q 0 0 0 rg BT 150.02 221.10 Td (ogether ) Tj ET Q q 0 0 0 rg BT 182.73 221.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 234.35 221.10 Td (has ) Tj ET Q q 0 0 0 rg BT 250.40 221.10 Td (a ) Tj ET Q q 0 0 0 rg BT 257.57 221.10 Td (Red ) Tj ET Q q 0 0 0 rg BT 276.21 221.10 Td (T) Tj ET Q q 0 0 0 rg BT 281.62 221.10 Td (ogether ) Tj ET Q q 0 0 0 rg BT 314.33 221.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.77 221.10 Td (Extra) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.21 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 350.37 221.10 Td (option. ) Tj ET Q q 0 0 0 rg BT 380.96 221.10 Td (The ) Tj ET Q q 0 0 0 rg BT 399.23 221.10 Td (Red ) Tj ET Q q 0 0 0 rg BT 417.87 221.10 Td (T) Tj ET Q q 0 0 0 rg BT 423.28 221.10 Td (ogether ) Tj ET Q q 0 0 0 rg BT 455.99 221.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 507.61 221.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 530.33 221.10 Td (45 ) Tj ET Q q 0 0 0 rg BT 548.06 221.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 83.69 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.55 209.10 Td (40 ) Tj ET Q q 0 0 0 rg BT 107.07 209.10 Td (GB ) Tj ET Q q 0 0 0 rg BT 123.49 209.10 Td (with ) Tj ET Q q 0 0 0 rg BT 143.79 209.10 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 184.64 209.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 208.82 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 225.78 209.10 Td (SMS ) Tj ET Q q 0 0 0 rg BT 248.32 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 265.28 209.10 Td (100 ) Tj ET Q q 0 0 0 rg BT 282.80 209.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 306.98 209.10 Td (minutes ) Tj ET Q q 0 0 0 rg BT 341.17 209.10 Td (from ) Tj ET Q q 0 0 0 rg BT 363.13 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.87 209.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 428.71 209.10 Td (to ) Tj ET Q q 0 0 0 rg BT 439.01 209.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 475.98 209.10 Td (in ) Tj ET Q q 0 0 0 rg BT 486.28 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 501.02 209.10 Td (EU. ) Tj ET Q q 0 0 0 rg BT 519.19 209.10 Td (The ) Tj ET Q q 0 0 0 rg BT 537.26 209.10 Td ('Extra' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (option ) Tj ET Q q 0 0 0 rg BT 77.29 197.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 99.52 197.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 119.26 197.10 Td (has ) Tj ET Q q 0 0 0 rg BT 134.82 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 149.27 197.10 Td (same ) Tj ET Q q 0 0 0 rg BT 172.05 197.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 195.94 197.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.61 197.10 Td (SMS ) Tj ET Q q 0 0 0 rg BT 234.85 197.10 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 271.24 197.10 Td (but ) Tj ET Q q 0 0 0 rg BT 286.25 197.10 Td (has ) Tj ET Q q 0 0 0 rg BT 301.82 197.10 Td (no ) Tj ET Q q 0 0 0 rg BT 314.05 197.10 Td (data ) Tj ET Q q 0 0 0 rg BT 332.94 197.10 Td (bundle ) Tj ET Q q 0 0 0 rg BT 362.39 197.10 Td (until ) Tj ET Q q 0 0 0 rg BT 382.96 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 397.41 197.10 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 452.42 197.10 Td (have ) Tj ET Q q 0 0 0 rg BT 473.53 197.10 Td (been ) Tj ET Q q 0 0 0 rg BT 494.64 197.10 Td (mer) Tj ET Q q 0 0 0 rg BT 510.00 197.10 Td (ged. ) Tj ET Q q 0 0 0 rg BT 529.17 197.10 Td (In ) Tj ET Q q 0 0 0 rg BT 539.74 197.10 Td (doing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (so, ) Tj ET Q q 0 0 0 rg BT 63.16 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.64 185.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 109.91 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.51 185.10 Td (data ) Tj ET Q q 0 0 0 rg BT 139.43 185.10 Td (doubles, ) Tj ET Q q 0 0 0 rg BT 175.31 185.10 Td (amounting ) Tj ET Q q 0 0 0 rg BT 220.35 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 230.39 185.10 Td (80 ) Tj ET Q q 0 0 0 rg BT 242.66 185.10 Td (GB ) Tj ET Q q 0 0 0 rg BT 258.82 185.10 Td (for ) Tj ET Q q 0 0 0 rg BT 272.75 185.10 Td (all ) Tj ET Q q 0 0 0 rg BT 285.01 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 295.06 185.10 Td (share. ) Tj ET Q q 0 0 0 rg BT 320.76 185.10 Td (When ) Tj ET Q q 0 0 0 rg BT 346.91 185.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 388.61 185.10 Td (with ) Tj ET Q q 0 0 0 rg BT 408.65 185.10 Td (Ziggo, ) Tj ET Q q 0 0 0 rg BT 437.31 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.79 185.10 Td (nonstop ) Tj ET Q q 0 0 0 rg BT 485.73 185.10 Td (free ) Tj ET Q q 0 0 0 rg BT 503.54 185.10 Td (extras ) Tj ET Q q 0 0 0 rg BT 529.68 185.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 554.17 185.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (well: ) Tj ET Q q 0 0 0 rg BT 72.01 173.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 115.07 173.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 146.45 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 153.40 173.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 165.92 173.10 Td (discount ) Tj ET Q q 0 0 0 rg BT 202.32 173.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.27 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 234.00 173.10 Td (data ) Tj ET Q q 0 0 0 rg BT 253.17 173.10 Td (bundle ) Tj ET Q q 0 0 0 rg BT 282.90 173.10 Td (is ) Tj ET Q q 0 0 0 rg BT 292.09 173.10 Td (doubled ) Tj ET Q q 0 0 0 rg BT 326.82 173.10 Td (once ) Tj ET Q q 0 0 0 rg BT 348.21 173.10 Td (again ) Tj ET Q q 0 0 0 rg BT 372.38 173.10 Td (to ) Tj ET Q q 0 0 0 rg BT 382.67 173.10 Td (160 ) Tj ET Q q 0 0 0 rg BT 400.19 173.10 Td (GB. ) Tj ET Q q 0 0 0 rg BT 419.09 173.10 Td (It ) Tj ET Q q 0 0 0 rg BT 427.72 173.10 Td (is ) Tj ET Q q 0 0 0 rg BT 436.90 173.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 472.20 173.10 Td (for ) Tj ET Q q 0 0 0 rg BT 486.37 173.10 Td (any ) Tj ET Q q 0 0 0 rg BT 503.32 173.10 Td (third, ) Tj ET Q q 0 0 0 rg BT 527.22 173.10 Td (fourth ) Tj ET Q q 0 0 0 rg BT 554.18 173.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (fifth ) Tj ET Q q 0 0 0 rg BT 69.22 161.10 Td (family ) Tj ET Q q 0 0 0 rg BT 97.82 161.10 Td (member ) Tj ET Q q 0 0 0 rg BT 133.08 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 143.36 161.10 Td (take ) Tj ET Q q 0 0 0 rg BT 162.52 161.10 Td (out ) Tj ET Q q 0 0 0 rg BT 177.80 161.10 Td (an ) Tj ET Q q 0 0 0 rg BT 189.73 161.10 Td (Extra ) Tj ET Q q 0 0 0 rg BT 213.89 161.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 265.28 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 282.21 161.10 Td (join ) Tj ET Q q 0 0 0 rg BT 300.27 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 314.99 161.10 Td (group, ) Tj ET Q q 0 0 0 rg BT 343.32 161.10 Td (thus ) Tj ET Q q 0 0 0 rg BT 362.49 161.10 Td (benefiting ) Tj ET Q q 0 0 0 rg BT 405.53 161.10 Td (from ) Tj ET Q q 0 0 0 rg BT 427.47 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.19 161.10 Td (shared ) Tj ET Q q 0 0 0 rg BT 470.78 161.10 Td (data ) Tj ET Q q 0 0 0 rg BT 489.94 161.10 Td (bundle.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 139.10 Td (Fixed-line T) Tj ET Q q 0 0 0 rg BT 108.96 139.10 Td (elephony Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 117.10 Td (Multi-feature ) Tj ET Q q 0 0 0 rg BT 123.23 117.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 165.07 117.10 Td (services ) Tj ET Q q 0 0 0 rg BT 199.69 117.10 Td (are ) Tj ET Q q 0 0 0 rg BT 214.32 117.10 Td (available ) Tj ET Q q 0 0 0 rg BT 252.82 117.10 Td (through ) Tj ET Q q 0 0 0 rg BT 286.34 117.10 Td (voice-over) Tj ET Q q 0 0 0 rg BT 328.90 117.10 Td (-internet-protocol ) Tj ET Q q 0 0 0 rg BT 401.84 117.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.17 117.10 Td (V) Tj ET Q q 0 0 0 rg BT 411.47 117.10 Td (oIP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.47 117.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 432.22 117.10 Td (technology) Tj ET Q q 0 0 0 rg BT 476.00 117.10 Td (. ) Tj ET Q q 0 0 0 rg BT 480.74 117.10 Td (W) Tj ET Q q 0 0 0 rg BT 489.38 117.10 Td (e ) Tj ET Q q 0 0 0 rg BT 496.23 117.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 513.08 117.10 Td (interconnect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 67.73 105.10 Td (to ) Tj ET Q q 0 0 0 rg BT 77.63 105.10 Td (other ) Tj ET Q q 0 0 0 rg BT 100.30 105.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 141.86 105.10 Td (and ) Tj ET Q q 0 0 0 rg BT 158.43 105.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 191.10 105.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 230.99 105.10 Td (when ) Tj ET Q q 0 0 0 rg BT 254.78 105.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 275.23 105.10 Td (by ) Tj ET Q q 0 0 0 rg BT 287.36 105.10 Td (our ) Tj ET Q q 0 0 0 rg BT 302.81 105.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 349.93 105.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 389.81 105.10 Td (on ) Tj ET Q q 0 0 0 rg BT 401.94 105.10 Td (another ) Tj ET Q q 0 0 0 rg BT 434.05 105.10 Td (network ) Tj ET Q q 0 0 0 rg BT 468.95 105.10 Td (and ) Tj ET Q q 0 0 0 rg BT 485.51 105.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 516.50 105.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 546.40 105.10 Td (fees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.10 Td (from ) Tj ET Q q 0 0 0 rg BT 71.44 93.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 111.71 93.10 Td (when ) Tj ET Q q 0 0 0 rg BT 135.87 93.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 156.69 93.10 Td (by ) Tj ET Q q 0 0 0 rg BT 169.19 93.10 Td (their ) Tj ET Q q 0 0 0 rg BT 190.02 93.10 Td (users ) Tj ET Q q 0 0 0 rg BT 213.07 93.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 253.33 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 265.83 93.10 Td (our ) Tj ET Q q 0 0 0 rg BT 281.66 93.10 Td (network ) Tj ET Q q 0 0 0 rg BT 316.93 93.10 Td (through ) Tj ET Q q 0 0 0 rg BT 350.54 93.10 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 415.23 93.10 Td (points.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 71.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.18 71.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 126.74 71.10 Td (service ) Tj ET Q q 0 0 0 rg BT 157.19 71.10 Td (may ) Tj ET Q q 0 0 0 rg BT 176.53 71.10 Td (be ) Tj ET Q q 0 0 0 rg BT 188.10 71.10 Td (selected ) Tj ET Q q 0 0 0 rg BT 222.43 71.10 Td (in ) Tj ET Q q 0 0 0 rg BT 232.34 71.10 Td (combination ) Tj ET Q q 0 0 0 rg BT 284.46 71.10 Td (with ) Tj ET Q q 0 0 0 rg BT 304.37 71.10 Td (one ) Tj ET Q q 0 0 0 rg BT 320.93 71.10 Td (or ) Tj ET Q q 0 0 0 rg BT 331.39 71.10 Td (more ) Tj ET Q q 0 0 0 rg BT 354.07 71.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.53 71.10 Td (our ) Tj ET Q q 0 0 0 rg BT 379.99 71.10 Td (other ) Tj ET Q q 0 0 0 rg BT 402.66 71.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 439.50 71.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 457.18 71.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 498.74 71.10 Td (service ) Tj ET Q q 0 0 0 rg BT 529.18 71.10 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.05 59.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 78.72 59.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 119.70 59.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 161.25 59.10 Td (product ) Tj ET Q q 0 0 0 rg BT 193.92 59.10 Td (for ) Tj ET Q q 0 0 0 rg BT 207.69 59.10 Td (line ) Tj ET Q q 0 0 0 rg BT 224.80 59.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 249.68 59.10 Td (and ) Tj ET Q q 0 0 0 rg BT 266.24 59.10 Td (various ) Tj ET Q q 0 0 0 rg BT 297.79 59.10 Td (calling ) Tj ET Q q 0 0 0 rg BT 327.12 59.10 Td (plans, ) Tj ET Q q 0 0 0 rg BT 352.84 59.10 Td (which ) Tj ET Q q 0 0 0 rg BT 379.40 59.10 Td (may ) Tj ET Q q 0 0 0 rg BT 398.73 59.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 428.62 59.10 Td (of ) Tj ET Q q 0 0 0 rg BT 439.07 59.10 Td (any ) Tj ET Q q 0 0 0 rg BT 455.62 59.10 Td (of ) Tj ET Q q 0 0 0 rg BT 466.07 59.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.40 59.10 Td (following: ) Tj ET Q q 0 0 0 rg BT 524.18 59.10 Td (unlimited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (network, ) Tj ET Q q 0 0 0 rg BT 87.88 47.10 Td (national ) Tj ET Q q 0 0 0 rg BT 123.20 47.10 Td (or ) Tj ET Q q 0 0 0 rg BT 134.63 47.10 Td (international ) Tj ET Q q 0 0 0 rg BT 188.28 47.10 Td (calling, ) Tj ET Q q 0 0 0 rg BT 221.10 47.10 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 262.54 47.10 Td (of) Tj ET Q q 0 0 0 rg BT 270.69 47.10 Td (f-peak ) Tj ET Q q 0 0 0 rg BT 299.33 47.10 Td (calling ) Tj ET Q q 0 0 0 rg BT 329.65 47.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.20 47.10 Td (minute ) Tj ET Q q 0 0 0 rg BT 378.08 47.10 Td (packages, ) Tj ET Q q 0 0 0 rg BT 420.33 47.10 Td (including ) Tj ET Q q 0 0 0 rg BT 461.21 47.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 482.65 47.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.53 47.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 517.19 47.10 Td (and ) Tj ET Q q 0 0 0 rg BT 534.73 47.10 Td (mobile ) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 21.60 Td (I-9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (phones. ) Tj ET Q q 0 0 0 rg BT 82.71 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 91.35 713.10 Td (e ) Tj ET Q q 0 0 0 rg BT 98.36 713.10 Td (also ) Tj ET Q q 0 0 0 rg BT 117.03 713.10 Td (of) Tj ET Q q 0 0 0 rg BT 125.18 713.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 138.85 713.10 Td (value ) Tj ET Q q 0 0 0 rg BT 163.07 713.10 Td (added ) Tj ET Q q 0 0 0 rg BT 189.51 713.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 226.79 713.10 Td (such ) Tj ET Q q 0 0 0 rg BT 247.69 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 258.58 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 265.59 713.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 302.03 713.10 Td (call ) Tj ET Q q 0 0 0 rg BT 319.03 713.10 Td (manager) Tj ET Q q 0 0 0 rg BT 353.06 713.10 Td (, ) Tj ET Q q 0 0 0 rg BT 358.13 713.10 Td (unified ) Tj ET Q q 0 0 0 rg BT 389.02 713.10 Td (messaging ) Tj ET Q q 0 0 0 rg BT 433.80 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.81 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 457.81 713.10 Td (second ) Tj ET Q q 0 0 0 rg BT 488.15 713.10 Td (or ) Tj ET Q q 0 0 0 rg BT 499.05 713.10 Td (third ) Tj ET Q q 0 0 0 rg BT 520.50 713.10 Td (phone ) Tj ET Q q 0 0 0 rg BT 547.51 713.10 Td (line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (at ) Tj ET Q q 0 0 0 rg BT 59.22 701.10 Td (an ) Tj ET Q q 0 0 0 rg BT 71.16 701.10 Td (incremental ) Tj ET Q q 0 0 0 rg BT 120.85 701.10 Td (cost.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 673.70 Td (Converged services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 651.70 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 651.70 Td (e ) Tj ET Q q 0 0 0 rg BT 82.18 651.70 Td (of) Tj ET Q q 0 0 0 rg BT 90.33 651.70 Td (fer ) Tj ET Q q 0 0 0 rg BT 103.03 651.70 Td (additional ) Tj ET Q q 0 0 0 rg BT 144.63 651.70 Td (benefits ) Tj ET Q q 0 0 0 rg BT 177.89 651.70 Td (to ) Tj ET Q q 0 0 0 rg BT 187.27 651.70 Td (customers ) Tj ET Q q 0 0 0 rg BT 229.42 651.70 Td (that ) Tj ET Q q 0 0 0 rg BT 246.02 651.70 Td (are ) Tj ET Q q 0 0 0 rg BT 259.83 651.70 Td (both ) Tj ET Q q 0 0 0 rg BT 279.21 651.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 308.59 651.70 Td (and ) Tj ET Q q 0 0 0 rg BT 324.63 651.70 Td (fixed ) Tj ET Q q 0 0 0 rg BT 346.78 651.70 Td (customers ) Tj ET Q q 0 0 0 rg BT 388.93 651.70 Td (of ) Tj ET Q q 0 0 0 rg BT 398.75 651.70 Td (V) Tj ET Q q 0 0 0 rg BT 404.68 651.70 Td (odafoneZiggo. ) Tj ET Q q 0 0 0 rg BT 464.88 651.70 Td (Eligible ) Tj ET Q q 0 0 0 rg BT 498.15 651.70 Td (video ) Tj ET Q q 0 0 0 rg BT 521.97 651.70 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.70 Td (taking ) Tj ET Q q 0 0 0 rg BT 77.74 639.70 Td (a ) Tj ET Q q 0 0 0 rg BT 85.42 639.70 Td (broadband ) Tj ET Q q 0 0 0 rg BT 130.87 639.70 Td (product ) Tj ET Q q 0 0 0 rg BT 164.66 639.70 Td (and ) Tj ET Q q 0 0 0 rg BT 182.34 639.70 Td (a ) Tj ET Q q 0 0 0 rg BT 190.02 639.70 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 227.15 639.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 258.16 639.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 310.29 639.70 Td (receive ) Tj ET Q q 0 0 0 rg BT 342.40 639.70 Td (extra ) Tj ET Q q 0 0 0 rg BT 365.62 639.70 Td (benefits ) Tj ET Q q 0 0 0 rg BT 400.52 639.70 Td (at ) Tj ET Q q 0 0 0 rg BT 410.98 639.70 Td (no ) Tj ET Q q 0 0 0 rg BT 424.22 639.70 Td (incremental ) Tj ET Q q 0 0 0 rg BT 474.66 639.70 Td (cost. ) Tj ET Q q 0 0 0 rg BT 496.51 639.70 Td (Benefits ) Tj ET Q q 0 0 0 rg BT 533.08 639.70 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 627.70 Td (double ) Tj ET Q q 0 0 0 rg BT 79.15 627.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 109.36 627.70 Td (data ) Tj ET Q q 0 0 0 rg BT 128.45 627.70 Td (allowance, ) Tj ET Q q 0 0 0 rg BT 173.92 627.70 Td (an ) Tj ET Q q 0 0 0 rg BT 185.79 627.70 Td (extra ) Tj ET Q q 0 0 0 rg BT 208.21 627.70 Td (premium ) Tj ET Q q 0 0 0 rg BT 246.58 627.70 Td (TV) Tj ET Q q 0 0 0 rg BT 259.73 627.70 Td ( ) Tj ET Q q 0 0 0 rg BT 262.16 627.70 Td (package ) Tj ET Q q 0 0 0 rg BT 297.35 627.70 Td (consisting ) Tj ET Q q 0 0 0 rg BT 340.34 627.70 Td (of ) Tj ET Q q 0 0 0 rg BT 351.11 627.70 Td (either ) Tj ET Q q 0 0 0 rg BT 376.31 627.70 Td (HBO, ) Tj ET Q q 0 0 0 rg BT 402.36 627.70 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 428.68 627.70 Td (Sport ) Tj ET Q q 0 0 0 rg BT 452.61 627.70 Td (T) Tj ET Q q 0 0 0 rg BT 458.02 627.70 Td (otal ) Tj ET Q q 0 0 0 rg BT 475.45 627.70 Td (or ) Tj ET Q q 0 0 0 rg BT 486.22 627.70 Td (Kids ) Tj ET Q q 0 0 0 rg BT 507.54 627.70 Td (entertainment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 615.70 Td (and ) Tj ET Q q 0 0 0 rg BT 65.53 615.70 Td (an ) Tj ET Q q 0 0 0 rg BT 76.55 615.70 Td (internet ) Tj ET Q q 0 0 0 rg BT 108.68 615.70 Td (security ) Tj ET Q q 0 0 0 rg BT 141.92 615.70 Td (package. ) Tj ET Q q 0 0 0 rg BT 178.41 615.70 Td (A) Tj ET Q q 0 0 0 rg BT 185.08 615.70 Td ( ) Tj ET Q q 0 0 0 rg BT 186.67 615.70 Td (monthly ) Tj ET Q q 0 0 0 rg BT 221.59 615.70 Td (discount ) Tj ET Q q 0 0 0 rg BT 257.06 615.70 Td (of ) Tj ET Q q 0 0 0 rg BT 266.98 615.70 Td (5 ) Tj ET Q q 0 0 0 rg BT 278.57 615.70 Td (will ) Tj ET Q q 0 0 0 rg BT 295.71 615.70 Td (be ) Tj ET Q q 0 0 0 rg BT 306.74 615.70 Td (given ) Tj ET Q q 0 0 0 rg BT 330.54 615.70 Td (for ) Tj ET Q q 0 0 0 rg BT 343.79 615.70 Td (quad-play ) Tj ET Q q 0 0 0 rg BT 385.36 615.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 430.83 615.70 Td (and ) Tj ET Q q 0 0 0 rg BT 446.85 615.70 Td (retention ) Tj ET Q q 0 0 0 rg BT 483.98 615.70 Td (purposes, ) Tj ET Q q 0 0 0 rg BT 523.62 615.70 Td (providing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 603.70 Td (a ) Tj ET Q q 0 0 0 rg BT 56.44 603.70 Td (premium ) Tj ET Q q 0 0 0 rg BT 95.04 603.70 Td (conver) Tj ET Q q 0 0 0 rg BT 122.07 603.70 Td (ged ) Tj ET Q q 0 0 0 rg BT 139.01 603.70 Td (of) Tj ET Q q 0 0 0 rg BT 147.16 603.70 Td (fer ) Tj ET Q q 0 0 0 rg BT 160.75 603.70 Td (at ) Tj ET Q q 0 0 0 rg BT 170.47 603.70 Td (competitive ) Tj ET Q q 0 0 0 rg BT 220.18 603.70 Td (prices ) Tj ET Q q 0 0 0 rg BT 246.56 603.70 Td (to ) Tj ET Q q 0 0 0 rg BT 256.83 603.70 Td (new ) Tj ET Q q 0 0 0 rg BT 275.99 603.70 Td (and ) Tj ET Q q 0 0 0 rg BT 292.93 603.70 Td (renewing ) Tj ET Q q 0 0 0 rg BT 332.64 603.70 Td (customers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 576.30 Td (Business Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 554.30 Td (In ) Tj ET Q q 0 0 0 rg BT 78.22 554.30 Td (addition ) Tj ET Q q 0 0 0 rg BT 113.38 554.30 Td (to ) Tj ET Q q 0 0 0 rg BT 123.55 554.30 Td (our ) Tj ET Q q 0 0 0 rg BT 139.27 554.30 Td (residential ) Tj ET Q q 0 0 0 rg BT 183.31 554.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 220.40 554.30 Td (we ) Tj ET Q q 0 0 0 rg BT 234.45 554.30 Td (of) Tj ET Q q 0 0 0 rg BT 242.60 554.30 Td (fer ) Tj ET Q q 0 0 0 rg BT 256.09 554.30 Td (business ) Tj ET Q q 0 0 0 rg BT 292.37 554.30 Td (services. ) Tj ET Q q 0 0 0 rg BT 329.47 554.30 Td (For ) Tj ET Q q 0 0 0 rg BT 345.75 554.30 Td (business ) Tj ET Q q 0 0 0 rg BT 382.03 554.30 Td (and ) Tj ET Q q 0 0 0 rg BT 398.86 554.30 Td (public ) Tj ET Q q 0 0 0 rg BT 426.24 554.30 Td (sector ) Tj ET Q q 0 0 0 rg BT 452.51 554.30 Td (or) Tj ET Q q 0 0 0 rg BT 460.66 554.30 Td (ganizations, ) Tj ET Q q 0 0 0 rg BT 511.09 554.30 Td (we ) Tj ET Q q 0 0 0 rg BT 525.14 554.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 558.07 554.30 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.30 Td (range ) Tj ET Q q 0 0 0 rg BT 74.21 542.30 Td (of ) Tj ET Q q 0 0 0 rg BT 85.04 542.30 Td (voice, ) Tj ET Q q 0 0 0 rg BT 111.70 542.30 Td (advanced ) Tj ET Q q 0 0 0 rg BT 151.96 542.30 Td (data, ) Tj ET Q q 0 0 0 rg BT 173.61 542.30 Td (video, ) Tj ET Q q 0 0 0 rg BT 200.83 542.30 Td (wireless ) Tj ET Q q 0 0 0 rg BT 236.10 542.30 Td (and ) Tj ET Q q 0 0 0 rg BT 253.04 542.30 Td (cloud-based ) Tj ET Q q 0 0 0 rg BT 303.86 542.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 341.07 542.30 Td (as ) Tj ET Q q 0 0 0 rg BT 351.90 542.30 Td (well ) Tj ET Q q 0 0 0 rg BT 371.62 542.30 Td (as ) Tj ET Q q 0 0 0 rg BT 382.46 542.30 Td (mobile ) Tj ET Q q 0 0 0 rg BT 412.73 542.30 Td (and ) Tj ET Q q 0 0 0 rg BT 429.67 542.30 Td (conver) Tj ET Q q 0 0 0 rg BT 456.70 542.30 Td (ged ) Tj ET Q q 0 0 0 rg BT 473.64 542.30 Td (fixed-mobile ) Tj ET Q q 0 0 0 rg BT 527.79 542.30 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.30 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.43 530.30 Td (business ) Tj ET Q q 0 0 0 rg BT 103.71 530.30 Td (customers ) Tj ET Q q 0 0 0 rg BT 146.64 530.30 Td (include ) Tj ET Q q 0 0 0 rg BT 178.46 530.30 Td (SOHO, ) Tj ET Q q 0 0 0 rg BT 210.56 530.30 Td (small ) Tj ET Q q 0 0 0 rg BT 234.61 530.30 Td (businesses ) Tj ET Q q 0 0 0 rg BT 279.22 530.30 Td (and ) Tj ET Q q 0 0 0 rg BT 296.04 530.30 Td (medium ) Tj ET Q q 0 0 0 rg BT 331.19 530.30 Td (and ) Tj ET Q q 0 0 0 rg BT 348.02 530.30 Td (lar) Tj ET Q q 0 0 0 rg BT 358.38 530.30 Td (ge ) Tj ET Q q 0 0 0 rg BT 370.20 530.30 Td (enterprises. ) Tj ET Q q 0 0 0 rg BT 418.23 530.30 Td (W) Tj ET Q q 0 0 0 rg BT 426.87 530.30 Td (e ) Tj ET Q q 0 0 0 rg BT 433.69 530.30 Td (also ) Tj ET Q q 0 0 0 rg BT 452.18 530.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 485.11 530.30 Td (our ) Tj ET Q q 0 0 0 rg BT 500.82 530.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 537.91 530.30 Td (and ) Tj ET Q q 0 0 0 rg BT 554.73 530.30 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 518.30 Td (particular ) Tj ET Q q 0 0 0 rg BT 90.31 518.30 Td (mobile ) Tj ET Q q 0 0 0 rg BT 120.58 518.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 157.79 518.30 Td (on ) Tj ET Q q 0 0 0 rg BT 170.29 518.30 Td (a ) Tj ET Q q 0 0 0 rg BT 177.23 518.30 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 219.71 518.30 Td (basis ) Tj ET Q q 0 0 0 rg BT 242.21 518.30 Td (to ) Tj ET Q q 0 0 0 rg BT 252.49 518.30 Td (other ) Tj ET Q q 0 0 0 rg BT 275.54 518.30 Td (operators. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 496.30 Td (In ) Tj ET Q q 0 0 0 rg BT 78.74 496.30 Td (June ) Tj ET Q q 0 0 0 rg BT 99.98 496.30 Td (2018, ) Tj ET Q q 0 0 0 rg BT 125.18 496.30 Td (V) Tj ET Q q 0 0 0 rg BT 131.11 496.30 Td (odafone ) Tj ET Q q 0 0 0 rg BT 166.23 496.30 Td (completed ) Tj ET Q q 0 0 0 rg BT 210.79 496.30 Td (a ) Tj ET Q q 0 0 0 rg BT 218.13 496.30 Td (long ) Tj ET Q q 0 0 0 rg BT 238.82 496.30 Td (term ) Tj ET Q q 0 0 0 rg BT 260.06 496.30 Td (evolution ) Tj ET Q q 0 0 0 rg BT 300.74 496.30 Td (for ) Tj ET Q q 0 0 0 rg BT 315.31 496.30 Td (machines ) Tj ET Q q 0 0 0 rg BT 355.98 496.30 Td (network ) Tj ET Q q 0 0 0 rg BT 391.66 496.30 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.99 496.30 Td (L) Tj ET Q q 0 0 0 rg BT 400.74 496.30 Td (TE-M\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.68 496.30 Td ( ) Tj ET Q q 0 0 0 rg BT 435.59 496.30 Td (with ) Tj ET Q q 0 0 0 rg BT 456.27 496.30 Td (national ) Tj ET Q q 0 0 0 rg BT 491.40 496.30 Td (coverage. ) Tj ET Q q 0 0 0 rg BT 532.89 496.30 Td (L) Tj ET Q q 0 0 0 rg BT 538.08 496.30 Td (TE-M ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.30 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 484.30 Td (ficiently ) Tj ET Q q 0 0 0 rg BT 93.22 484.30 Td (connects ) Tj ET Q q 0 0 0 rg BT 131.02 484.30 Td (devices ) Tj ET Q q 0 0 0 rg BT 163.82 484.30 Td (with ) Tj ET Q q 0 0 0 rg BT 184.41 484.30 Td (the ) Tj ET Q q 0 0 0 rg BT 199.44 484.30 Td (internet. ) Tj ET Q q 0 0 0 rg BT 235.30 484.30 Td (L) Tj ET Q q 0 0 0 rg BT 240.49 484.30 Td (TE-M ) Tj ET Q q 0 0 0 rg BT 267.74 484.30 Td (technology ) Tj ET Q q 0 0 0 rg BT 314.99 484.30 Td (is ) Tj ET Q q 0 0 0 rg BT 324.47 484.30 Td (declared ) Tj ET Q q 0 0 0 rg BT 361.15 484.30 Td (a ) Tj ET Q q 0 0 0 rg BT 368.40 484.30 Td (fundamental ) Tj ET Q q 0 0 0 rg BT 421.20 484.30 Td (part ) Tj ET Q q 0 0 0 rg BT 439.56 484.30 Td (of ) Tj ET Q q 0 0 0 rg BT 450.70 484.30 Td (5G ) Tj ET Q q 0 0 0 rg BT 465.74 484.30 Td (technology ) Tj ET Q q 0 0 0 rg BT 512.99 484.30 Td (by ) Tj ET Q q 0 0 0 rg BT 525.80 484.30 Td (the ) Tj ET Q q 0 0 0 rg BT 540.83 484.30 Td (GSM ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.30 Td (Association ) Tj ET Q q 0 0 0 rg BT 99.16 472.30 Td (\(the ) Tj ET Q q 0 0 0 rg BT 117.15 472.30 Td (mobile ) Tj ET Q q 0 0 0 rg BT 147.37 472.30 Td (network ) Tj ET Q q 0 0 0 rg BT 182.58 472.30 Td (operators ) Tj ET Q q 0 0 0 rg BT 222.23 472.30 Td (trade ) Tj ET Q q 0 0 0 rg BT 244.66 472.30 Td (body\). ) Tj ET Q q 0 0 0 rg BT 272.76 472.30 Td (W) Tj ET Q q 0 0 0 rg BT 281.80 472.30 Td (ith ) Tj ET Q q 0 0 0 rg BT 294.80 472.30 Td (L) Tj ET Q q 0 0 0 rg BT 299.99 472.30 Td (TE-M ) Tj ET Q q 0 0 0 rg BT 326.69 472.30 Td (V) Tj ET Q q 0 0 0 rg BT 332.63 472.30 Td (odafone ) Tj ET Q q 0 0 0 rg BT 367.28 472.30 Td (expands ) Tj ET Q q 0 0 0 rg BT 402.49 472.30 Td (its ) Tj ET Q q 0 0 0 rg BT 414.38 472.30 Td (Internet ) Tj ET Q q 0 0 0 rg BT 447.92 472.30 Td (of ) Tj ET Q q 0 0 0 rg BT 458.52 472.30 Td (Things ) Tj ET Q q 0 0 0 rg BT 488.74 472.30 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.07 472.30 Td (IoT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.63 472.30 Td (\) ) Tj ET Q q 0 0 0 rg BT 513.40 472.30 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 550.84 472.30 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.30 Td (customers, ) Tj ET Q q 0 0 0 rg BT 95.34 460.30 Td (which ) Tj ET Q q 0 0 0 rg BT 122.58 460.30 Td (makes ) Tj ET Q q 0 0 0 rg BT 150.92 460.30 Td (it ) Tj ET Q q 0 0 0 rg BT 159.27 460.30 Td (the ) Tj ET Q q 0 0 0 rg BT 174.28 460.30 Td (first ) Tj ET Q q 0 0 0 rg BT 193.19 460.30 Td (provider ) Tj ET Q q 0 0 0 rg BT 229.86 460.30 Td (to ) Tj ET Q q 0 0 0 rg BT 240.43 460.30 Td (of) Tj ET Q q 0 0 0 rg BT 248.58 460.30 Td (fer ) Tj ET Q q 0 0 0 rg BT 262.48 460.30 Td (the ) Tj ET Q q 0 0 0 rg BT 277.49 460.30 Td (most ) Tj ET Q q 0 0 0 rg BT 299.73 460.30 Td (complete ) Tj ET Q q 0 0 0 rg BT 339.18 460.30 Td (radio ) Tj ET Q q 0 0 0 rg BT 362.52 460.30 Td (network ) Tj ET Q q 0 0 0 rg BT 398.08 460.30 Td (for ) Tj ET Q q 0 0 0 rg BT 412.54 460.30 Td (IoT) Tj ET Q q 0 0 0 rg BT 426.80 460.30 Td ( ) Tj ET Q q 0 0 0 rg BT 429.59 460.30 Td (services. ) Tj ET Q q 0 0 0 rg BT 466.89 460.30 Td (This ) Tj ET Q q 0 0 0 rg BT 487.47 460.30 Td (is ) Tj ET Q q 0 0 0 rg BT 496.93 460.30 Td (is ) Tj ET Q q 0 0 0 rg BT 506.40 460.30 Td (another ) Tj ET Q q 0 0 0 rg BT 539.18 460.30 Td (major ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.30 Td (step ) Tj ET Q q 0 0 0 rg BT 67.49 448.30 Td (in ) Tj ET Q q 0 0 0 rg BT 77.16 448.30 Td (the ) Tj ET Q q 0 0 0 rg BT 91.26 448.30 Td (development ) Tj ET Q q 0 0 0 rg BT 144.80 448.30 Td (of ) Tj ET Q q 0 0 0 rg BT 155.02 448.30 Td (5G, ) Tj ET Q q 0 0 0 rg BT 171.62 448.30 Td (which ) Tj ET Q q 0 0 0 rg BT 197.95 448.30 Td (further ) Tj ET Q q 0 0 0 rg BT 227.04 448.30 Td (enhances ) Tj ET Q q 0 0 0 rg BT 265.57 448.30 Td (the ) Tj ET Q q 0 0 0 rg BT 279.68 448.30 Td (speed ) Tj ET Q q 0 0 0 rg BT 304.33 448.30 Td (and ) Tj ET Q q 0 0 0 rg BT 320.66 448.30 Td (reliability ) Tj ET Q q 0 0 0 rg BT 361.42 448.30 Td (of ) Tj ET Q q 0 0 0 rg BT 371.63 448.30 Td (the ) Tj ET Q q 0 0 0 rg BT 385.74 448.30 Td (network. ) Tj ET Q q 0 0 0 rg BT 422.76 448.30 Td (W) Tj ET Q q 0 0 0 rg BT 431.79 448.30 Td (ith ) Tj ET Q q 0 0 0 rg BT 444.24 448.30 Td (the ) Tj ET Q q 0 0 0 rg BT 458.34 448.30 Td (launch ) Tj ET Q q 0 0 0 rg BT 486.88 448.30 Td (of ) Tj ET Q q 0 0 0 rg BT 497.10 448.30 Td (the ) Tj ET Q q 0 0 0 rg BT 511.20 448.30 Td (new ) Tj ET Q q 0 0 0 rg BT 529.75 448.30 Td (network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.30 Td (business ) Tj ET Q q 0 0 0 rg BT 85.62 436.30 Td (customers ) Tj ET Q q 0 0 0 rg BT 128.40 436.30 Td (can ) Tj ET Q q 0 0 0 rg BT 144.51 436.30 Td (get ) Tj ET Q q 0 0 0 rg BT 158.96 436.30 Td (started ) Tj ET Q q 0 0 0 rg BT 187.84 436.30 Td (with ) Tj ET Q q 0 0 0 rg BT 207.85 436.30 Td (smart ) Tj ET Q q 0 0 0 rg BT 232.30 436.30 Td (solutions. ) Tj ET Q q 0 0 0 rg BT 272.99 436.30 Td (W) Tj ET Q q 0 0 0 rg BT 282.03 436.30 Td (ith ) Tj ET Q q 0 0 0 rg BT 294.82 436.30 Td (L) Tj ET Q q 0 0 0 rg BT 300.01 436.30 Td (TE-M, ) Tj ET Q q 0 0 0 rg BT 329.18 436.30 Td (online ) Tj ET Q q 0 0 0 rg BT 356.40 436.30 Td (devices ) Tj ET Q q 0 0 0 rg BT 388.62 436.30 Td (use ) Tj ET Q q 0 0 0 rg BT 404.18 436.30 Td (lesser ) Tj ET Q q 0 0 0 rg BT 429.18 436.30 Td (battery ) Tj ET Q q 0 0 0 rg BT 459.18 436.30 Td (capacity ) Tj ET Q q 0 0 0 rg BT 494.72 436.30 Td (than ) Tj ET Q q 0 0 0 rg BT 514.17 436.30 Td (with ) Tj ET Q q 0 0 0 rg BT 534.18 436.30 Td (normal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.30 Td (2, ) Tj ET Q q 0 0 0 rg BT 59.50 424.30 Td (3 ) Tj ET Q q 0 0 0 rg BT 67.00 424.30 Td (and ) Tj ET Q q 0 0 0 rg BT 83.94 424.30 Td (4G ) Tj ET Q q 0 0 0 rg BT 98.66 424.30 Td (connections. ) Tj ET Q q 0 0 0 rg BT 151.24 424.30 Td (V) Tj ET Q q 0 0 0 rg BT 157.18 424.30 Td (odafone ) Tj ET Q q 0 0 0 rg BT 191.88 424.30 Td (already ) Tj ET Q q 0 0 0 rg BT 223.81 424.30 Td (has ) Tj ET Q q 0 0 0 rg BT 239.64 424.30 Td (a ) Tj ET Q q 0 0 0 rg BT 246.58 424.30 Td (Narrowband-Internet ) Tj ET Q q 0 0 0 rg BT 333.48 424.30 Td (of ) Tj ET Q q 0 0 0 rg BT 344.13 424.30 Td (Things ) Tj ET Q q 0 0 0 rg BT 374.41 424.30 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.74 424.30 Td (NB-IoT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.52 424.30 Td (\) ) Tj ET Q q 0 0 0 rg BT 416.35 424.30 Td (network ) Tj ET Q q 0 0 0 rg BT 451.62 424.30 Td (with ) Tj ET Q q 0 0 0 rg BT 471.90 424.30 Td (national ) Tj ET Q q 0 0 0 rg BT 506.61 424.30 Td (coverage.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 402.30 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.38 402.30 Td (business ) Tj ET Q q 0 0 0 rg BT 121.60 402.30 Td (services ) Tj ET Q q 0 0 0 rg BT 156.13 402.30 Td (are ) Tj ET Q q 0 0 0 rg BT 170.67 402.30 Td (designed ) Tj ET Q q 0 0 0 rg BT 208.54 402.30 Td (and ) Tj ET Q q 0 0 0 rg BT 225.31 402.30 Td (dif) Tj ET Q q 0 0 0 rg BT 236.24 402.30 Td (ferentiated ) Tj ET Q q 0 0 0 rg BT 281.32 402.30 Td (to ) Tj ET Q q 0 0 0 rg BT 291.42 402.30 Td (meet ) Tj ET Q q 0 0 0 rg BT 313.18 402.30 Td (the ) Tj ET Q q 0 0 0 rg BT 327.73 402.30 Td (specific ) Tj ET Q q 0 0 0 rg BT 361.15 402.30 Td (needs ) Tj ET Q q 0 0 0 rg BT 386.25 402.30 Td (of ) Tj ET Q q 0 0 0 rg BT 396.91 402.30 Td (our ) Tj ET Q q 0 0 0 rg BT 412.56 402.30 Td (business ) Tj ET Q q 0 0 0 rg BT 448.78 402.30 Td (customers ) Tj ET Q q 0 0 0 rg BT 491.66 402.30 Td (with ) Tj ET Q q 0 0 0 rg BT 511.77 402.30 Td (a ) Tj ET Q q 0 0 0 rg BT 518.53 402.30 Td (wide ) Tj ET Q q 0 0 0 rg BT 540.30 402.30 Td (range ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.30 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 390.30 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 112.26 390.30 Td (services. ) Tj ET Q q 0 0 0 rg BT 149.29 390.30 Td (These ) Tj ET Q q 0 0 0 rg BT 175.66 390.30 Td (services ) Tj ET Q q 0 0 0 rg BT 210.37 390.30 Td (fall ) Tj ET Q q 0 0 0 rg BT 226.19 390.30 Td (into ) Tj ET Q q 0 0 0 rg BT 244.25 390.30 Td (six ) Tj ET Q q 0 0 0 rg BT 258.42 390.30 Td (broad ) Tj ET Q q 0 0 0 rg BT 283.69 390.30 Td (categories:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 368.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 368.30 Td (mobile ) Tj ET Q q 0 0 0 rg BT 115.77 368.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 152.98 368.30 Td (including ) Tj ET Q q 0 0 0 rg BT 193.25 368.30 Td (voice ) Tj ET Q q 0 0 0 rg BT 217.41 368.30 Td (calling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.62 368.30 Td (SMS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.64 368.30 Td ( ) Tj ET Q q 0 0 0 rg BT 272.14 368.30 Td (and ) Tj ET Q q 0 0 0 rg BT 289.07 368.30 Td (wireless ) Tj ET Q q 0 0 0 rg BT 324.34 368.30 Td (data ) Tj ET Q q 0 0 0 rg BT 343.50 368.30 Td (anywhere ) Tj ET Q q 0 0 0 rg BT 384.87 368.30 Td (in ) Tj ET Q q 0 0 0 rg BT 395.14 368.30 Td (the ) Tj ET Q q 0 0 0 rg BT 409.86 368.30 Td (world;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 346.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 346.30 Td (broadband ) Tj ET Q q 0 0 0 rg BT 130.51 346.30 Td (data ) Tj ET Q q 0 0 0 rg BT 149.97 346.30 Td (for ) Tj ET Q q 0 0 0 rg BT 164.43 346.30 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 194.46 346.30 Td (and ) Tj ET Q q 0 0 0 rg BT 211.70 346.30 Td (small ) Tj ET Q q 0 0 0 rg BT 236.16 346.30 Td (customers, ) Tj ET Q q 0 0 0 rg BT 282.01 346.30 Td (based ) Tj ET Q q 0 0 0 rg BT 307.58 346.30 Td (on ) Tj ET Q q 0 0 0 rg BT 320.38 346.30 Td (residential ) Tj ET Q q 0 0 0 rg BT 364.84 346.30 Td (services ) Tj ET Q q 0 0 0 rg BT 399.84 346.30 Td (and ) Tj ET Q q 0 0 0 rg BT 417.08 346.30 Td (dif) Tj ET Q q 0 0 0 rg BT 428.01 346.30 Td (ferentiated ) Tj ET Q q 0 0 0 rg BT 473.56 346.30 Td (with ) Tj ET Q q 0 0 0 rg BT 494.14 346.30 Td (higher ) Tj ET Q q 0 0 0 rg BT 522.49 346.30 Td (speed ) Tj ET Q q 0 0 0 rg BT 548.06 346.30 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 334.30 Td (business ) Tj ET Q q 0 0 0 rg BT 121.89 334.30 Td (service ) Tj ET Q q 0 0 0 rg BT 152.71 334.30 Td (level ) Tj ET Q q 0 0 0 rg BT 174.64 334.30 Td (agreements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 312.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 312.30 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 127.30 312.30 Td (data ) Tj ET Q q 0 0 0 rg BT 146.34 312.30 Td (services ) Tj ET Q q 0 0 0 rg BT 180.92 312.30 Td (for ) Tj ET Q q 0 0 0 rg BT 194.96 312.30 Td (medium ) Tj ET Q q 0 0 0 rg BT 230.12 312.30 Td (to ) Tj ET Q q 0 0 0 rg BT 240.27 312.30 Td (lar) Tj ET Q q 0 0 0 rg BT 250.64 312.30 Td (ge ) Tj ET Q q 0 0 0 rg BT 262.46 312.30 Td (customers: ) Tj ET Q q 0 0 0 rg BT 308.16 312.30 Td (internet ) Tj ET Q q 0 0 0 rg BT 341.08 312.30 Td (access, ) Tj ET Q q 0 0 0 rg BT 371.50 312.30 Td (virtual ) Tj ET Q q 0 0 0 rg BT 399.98 312.30 Td (private ) Tj ET Q q 0 0 0 rg BT 430.13 312.30 Td (networks, ) Tj ET Q q 0 0 0 rg BT 471.67 312.30 Td (high ) Tj ET Q q 0 0 0 rg BT 491.82 312.30 Td (capacity ) Tj ET Q q 0 0 0 rg BT 527.51 312.30 Td (point-to-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 300.30 Td (point ) Tj ET Q q 0 0 0 rg BT 108.56 300.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 145.76 300.30 Td (and ) Tj ET Q q 0 0 0 rg BT 162.70 300.30 Td (managed ) Tj ET Q q 0 0 0 rg BT 201.12 300.30 Td (W) Tj ET Q q 0 0 0 rg BT 210.15 300.30 Td (iFi ) Tj ET Q q 0 0 0 rg BT 223.77 300.30 Td (networks;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 278.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 278.30 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 127.42 278.30 Td (voice ) Tj ET Q q 0 0 0 rg BT 151.58 278.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 188.79 278.30 Td (both ) Tj ET Q q 0 0 0 rg BT 209.06 278.30 Td (using ) Tj ET Q q 0 0 0 rg BT 233.23 278.30 Td (ISDN ) Tj ET Q q 0 0 0 rg BT 259.07 278.30 Td (and ) Tj ET Q q 0 0 0 rg BT 275.83 278.30 Td (VOIP) Tj ET Q q 0 0 0 rg BT 298.79 278.30 Td ( ) Tj ET Q q 0 0 0 rg BT 301.29 278.30 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 356.83 278.30 Td (and ) Tj ET Q q 0 0 0 rg BT 373.77 278.30 Td (Service ) Tj ET Q q 0 0 0 rg BT 406.26 278.30 Td (Number ) Tj ET Q q 0 0 0 rg BT 441.53 278.30 Td (services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 256.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 256.30 Td (bulk ) Tj ET Q q 0 0 0 rg BT 105.78 256.30 Td (video ) Tj ET Q q 0 0 0 rg BT 130.50 256.30 Td (services ) Tj ET Q q 0 0 0 rg BT 165.20 256.30 Td (with ) Tj ET Q q 0 0 0 rg BT 185.48 256.30 Td (B2B ) Tj ET Q q 0 0 0 rg BT 206.32 256.30 Td (and ) Tj ET Q q 0 0 0 rg BT 223.26 256.30 Td (B2C ) Tj ET Q q 0 0 0 rg BT 244.10 256.30 Td (video ) Tj ET Q q 0 0 0 rg BT 268.82 256.30 Td (applications ) Tj ET Q q 0 0 0 rg BT 319.64 256.30 Td (for ) Tj ET Q q 0 0 0 rg BT 333.80 256.30 Td (tar) Tj ET Q q 0 0 0 rg BT 344.16 256.30 Td (geted ) Tj ET Q q 0 0 0 rg BT 368.32 256.30 Td (industries, ) Tj ET Q q 0 0 0 rg BT 412.20 256.30 Td (like ) Tj ET Q q 0 0 0 rg BT 429.70 256.30 Td (health ) Tj ET Q q 0 0 0 rg BT 456.63 256.30 Td (and ) Tj ET Q q 0 0 0 rg BT 473.57 256.30 Td (student-housing; ) Tj ET Q q 0 0 0 rg BT 542.74 256.30 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 234.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 234.30 Td (value ) Tj ET Q q 0 0 0 rg BT 109.66 234.30 Td (added ) Tj ET Q q 0 0 0 rg BT 136.03 234.30 Td (\(ICT) Tj ET Q q 0 0 0 rg BT 155.29 234.30 Td ( ) Tj ET Q q 0 0 0 rg BT 157.79 234.30 Td (based\) ) Tj ET Q q 0 0 0 rg BT 186.39 234.30 Td (services ) Tj ET Q q 0 0 0 rg BT 221.10 234.30 Td (like:Unified ) Tj ET Q q 0 0 0 rg BT 274.42 234.30 Td (Communications, ) Tj ET Q q 0 0 0 rg BT 347.75 234.30 Td 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 74.90 Td (W) Tj ET Q q 0 0 0 rg BT 76.54 74.90 Td (ith over 235,000 conver) Tj ET Q q 0 0 0 rg BT 171.89 74.90 Td (ged seats \(Skype for Business, One Net Enterprise, and private cloud hosting\) installed in 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.90 Td (we are now one of the leading providers of integrated unified communication solutions to B2B customers in the Netherlands.) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.36 713.10 Td (business ) Tj ET Q q 0 0 0 rg BT 121.55 713.10 Td (services ) Tj ET Q q 0 0 0 rg BT 156.06 713.10 Td (are ) Tj ET Q q 0 0 0 rg BT 170.57 713.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 208.42 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 218.50 713.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 261.36 713.10 Td (at ) Tj ET Q q 0 0 0 rg BT 270.88 713.10 Td (contractually ) Tj ET Q q 0 0 0 rg BT 325.38 713.10 Td (established ) Tj ET Q q 0 0 0 rg BT 372.11 713.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 398.29 713.10 Td (based ) Tj ET Q q 0 0 0 rg BT 423.37 713.10 Td (on; ) Tj ET Q q 0 0 0 rg BT 438.45 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.97 713.10 Td (size ) Tj ET Q q 0 0 0 rg BT 470.82 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 481.45 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.97 713.10 Td 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ET Q q 0 0 0 rg BT 534.75 701.10 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 75.66 689.10 Td (on ) Tj ET Q q 0 0 0 rg BT 87.95 689.10 Td (a ) Tj ET Q q 0 0 0 rg BT 94.68 689.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 130.30 689.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 181.47 689.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 203.76 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 213.82 689.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 244.97 689.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 285.01 689.10 Td (service ) Tj ET Q q 0 0 0 rg BT 315.61 689.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 341.23 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 357.95 689.10 Td (business ) Tj ET Q q 0 0 0 rg BT 394.13 689.10 Td (features ) Tj ET Q q 0 0 0 rg BT 428.06 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 445.34 689.10 Td (support ) Tj ET Q q 0 0 0 rg BT 477.63 689.10 Td (their ) Tj ET Q q 0 0 0 rg BT 498.24 689.10 Td (needs. ) Tj ET Q q 0 0 0 rg BT 525.80 689.10 Td (For ) Tj ET Q q 0 0 0 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q 0 0 0 rg BT 63.31 665.10 Td (enter ) Tj ET Q q 0 0 0 rg BT 85.46 665.10 Td (into ) Tj ET Q q 0 0 0 rg BT 103.17 665.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 145.87 665.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 193.56 665.10 Td (that ) Tj ET Q q 0 0 0 rg BT 210.71 665.10 Td (address ) Tj ET Q q 0 0 0 rg BT 242.85 665.10 Td (their ) Tj ET Q q 0 0 0 rg BT 263.33 665.10 Td (needs. ) Tj ET Q q 0 0 0 rg BT 290.60 665.10 Td (These ) Tj ET Q q 0 0 0 rg BT 316.63 665.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 364.32 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 378.68 665.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 418.04 665.10 Td (contracted ) Tj ET Q q 0 0 0 rg BT 461.84 665.10 Td (for ) Tj ET Q q 0 0 0 rg BT 475.65 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 482.24 665.10 Td (period ) Tj ET Q q 0 0 0 rg BT 509.95 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.43 665.10 Td (one ) Tj ET Q q 0 0 0 rg BT 537.02 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 546.96 665.10 Td (five ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (years.) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 631.10 Td (Operations) Tj ET Q BT /F4 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 609.10 Td ( ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 58.50 609.10 Td (Marketing ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 104.34 609.10 Td (and ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 122.40 609.10 Td (Sales) 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 67.50 587.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 587.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.29 587.10 Td (market ) Tj ET Q q 0 0 0 rg BT 111.77 587.10 Td (and ) Tj ET Q q 0 0 0 rg BT 127.92 587.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 143.52 587.10 Td (our ) Tj ET Q q 0 0 0 rg BT 158.56 587.10 Td (products ) Tj ET Q q 0 0 0 rg BT 194.72 587.10 Td (to ) Tj ET Q q 0 0 0 rg BT 204.21 587.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 246.47 587.10 Td (using ) Tj ET Q q 0 0 0 rg BT 269.85 587.10 Td (a ) Tj ET Q q 0 0 0 rg BT 276.01 587.10 Td (broad ) Tj ET Q q 0 0 0 rg BT 300.49 587.10 Td (range ) Tj ET Q q 0 0 0 rg BT 324.41 587.10 Td (of ) Tj ET Q q 0 0 0 rg BT 334.45 587.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 355.61 587.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 394.80 587.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 433.73 587.10 Td (online ) Tj ET Q q 0 0 0 rg BT 460.44 587.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 481.59 587.10 Td (through ) Tj ET Q q 0 0 0 rg BT 514.41 587.10 Td (our ) Tj ET Q q 0 0 0 rg BT 529.46 587.10 Td (website, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (inbound ) Tj ET Q q 0 0 0 rg BT 84.86 575.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.87 575.10 Td (outbound ) Tj ET Q q 0 0 0 rg BT 142.23 575.10 Td (telemarketing, ) Tj ET Q q 0 0 0 rg BT 202.28 575.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.29 575.10 Td (partner ) Tj ET Q q 0 0 0 rg BT 250.19 575.10 Td (retailers. ) Tj ET Q q 0 0 0 rg BT 287.28 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 295.92 575.10 Td (e ) Tj ET Q q 0 0 0 rg BT 302.93 575.10 Td (also ) Tj ET Q q 0 0 0 rg BT 321.62 575.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 338.08 575.10 Td (our ) Tj ET Q q 0 0 0 rg BT 353.99 575.10 Td (services ) Tj ET Q q 0 0 0 rg BT 388.77 575.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 414.12 575.10 Td (to ) Tj ET Q q 0 0 0 rg BT 424.47 575.10 Td (the ) Tj ET Q q 0 0 0 rg BT 439.26 575.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 482.39 575.10 Td (at ) Tj ET Q q 0 0 0 rg BT 492.18 575.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 521.96 575.10 Td (marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (events ) Tj ET Q q 0 0 0 rg BT 78.20 563.10 Td (and ) Tj ET Q q 0 0 0 rg BT 95.80 563.10 Td (through ) Tj ET Q q 0 0 0 rg BT 130.06 563.10 Td (our ) Tj ET Q q 0 0 0 rg BT 146.55 563.10 Td (own ) Tj ET Q q 0 0 0 rg BT 166.93 563.10 Td (retail ) Tj ET Q q 0 0 0 rg BT 190.63 563.10 Td (stores: ) Tj ET Q q 0 0 0 rg BT 219.89 563.10 Td (165 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.82 563.10 Td (V) Tj ET Q q 0 0 0 rg BT 243.75 563.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 279.12 563.10 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.08 563.10 Td ( ) Tj ET Q q 0 0 0 rg BT 295.23 563.10 Td (stores, ) Tj ET Q q 0 0 0 rg BT 324.22 563.10 Td (4 ) Tj ET Q q 0 0 0 rg BT 332.38 563.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 359.42 563.10 Td (stores ) Tj ET Q q 0 0 0 rg BT 385.91 563.10 Td (and ) Tj ET Q q 0 0 0 rg BT 403.50 563.10 Td (48 ) Tj ET Q q 0 0 0 rg BT 416.66 563.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 443.70 563.10 Td (shop-in-shop ) Tj ET Q q 0 0 0 rg BT 499.08 563.10 Td (in ) Tj ET Q q 0 0 0 rg BT 510.02 563.10 Td (MediaMarkt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (\(Since ) Tj ET Q q 0 0 0 rg BT 77.51 551.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 102.48 551.10 Td (we ) Tj ET Q q 0 0 0 rg BT 116.61 551.10 Td (have ) Tj ET Q q 0 0 0 rg BT 137.95 551.10 Td (a ) Tj ET Q q 0 0 0 rg BT 144.86 551.10 Td (shop-in-shop ) Tj ET Q q 0 0 0 rg BT 199.55 551.10 Td (partnership ) Tj ET Q q 0 0 0 rg BT 247.00 551.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 291.11 551.10 Td (with ) Tj ET Q q 0 0 0 rg BT 311.35 551.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.04 551.10 Td (lar) Tj ET Q q 0 0 0 rg BT 336.40 551.10 Td (gest ) Tj ET Q q 0 0 0 rg BT 354.98 551.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 396.87 551.10 Td (retailer ) Tj ET Q q 0 0 0 rg BT 427.64 551.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.89 551.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.57 551.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 503.36 551.10 Td (\(MediaMarkt\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (extending ) Tj ET Q q 0 0 0 rg BT 91.43 539.10 Td (our ) Tj ET Q q 0 0 0 rg BT 107.26 539.10 Td (retail ) Tj ET Q q 0 0 0 rg BT 130.31 539.10 Td (presence ) Tj ET Q q 0 0 0 rg BT 167.78 539.10 Td (by ) Tj ET Q q 0 0 0 rg BT 180.28 539.10 Td (48 ) Tj ET Q q 0 0 0 rg BT 192.78 539.10 Td (locations\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 517.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 517.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.01 517.10 Td (encourage ) Tj ET Q q 0 0 0 rg BT 124.53 517.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 166.51 517.10 Td (to ) Tj ET Q q 0 0 0 rg BT 175.72 517.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 212.70 517.10 Td (our ) Tj ET Q q 0 0 0 rg BT 227.46 517.10 Td (services ) Tj ET Q q 0 0 0 rg BT 261.10 517.10 Td (and ) Tj ET Q q 0 0 0 rg BT 276.97 517.10 Td (products ) Tj ET Q q 0 0 0 rg BT 312.85 517.10 Td (through ) Tj ET Q q 0 0 0 rg BT 345.39 517.10 Td (our ) Tj ET Q q 0 0 0 rg BT 360.16 517.10 Td (website. ) Tj ET Q q 0 0 0 rg BT 394.53 517.10 Td (W) Tj ET Q q 0 0 0 rg BT 403.17 517.10 Td (e ) Tj ET Q q 0 0 0 rg BT 409.04 517.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 439.35 517.10 Td (our ) Tj ET Q q 0 0 0 rg BT 454.11 517.10 Td (website ) Tj ET Q q 0 0 0 rg BT 486.10 517.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 521.97 517.10 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.10 Td (a ) Tj ET Q q 0 0 0 rg BT 57.05 505.10 Td (clear ) Tj ET Q q 0 0 0 rg BT 79.58 505.10 Td (explanation ) Tj ET Q q 0 0 0 rg BT 129.33 505.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.77 505.10 Td (our ) Tj ET Q q 0 0 0 rg BT 157.21 505.10 Td (services ) Tj ET Q q 0 0 0 rg BT 192.52 505.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.07 505.10 Td (pricing. ) Tj ET Q q 0 0 0 rg BT 243.77 505.10 Td (W) Tj ET Q q 0 0 0 rg BT 252.41 505.10 Td (e ) Tj ET Q q 0 0 0 rg BT 259.96 505.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 299.16 505.10 Td (outsource ) Tj ET Q q 0 0 0 rg BT 341.14 505.10 Td (our ) Tj ET Q q 0 0 0 rg BT 357.58 505.10 Td (inbound ) Tj ET Q q 0 0 0 rg BT 393.46 505.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.01 505.10 Td (outbound ) Tj ET Q q 0 0 0 rg BT 451.90 505.10 Td (telemarketing ) Tj ET Q q 0 0 0 rg BT 509.98 505.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 554.74 505.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.10 Td (external ) Tj ET Q q 0 0 0 rg BT 84.76 493.10 Td (service ) Tj ET Q q 0 0 0 rg BT 116.14 493.10 Td (providers. ) Tj ET Q q 0 0 0 rg BT 159.25 493.10 Td (W) Tj ET Q q 0 0 0 rg BT 167.89 493.10 Td (e ) Tj ET Q q 0 0 0 rg BT 175.39 493.10 Td (also ) Tj ET Q q 0 0 0 rg BT 194.56 493.10 Td (have ) Tj ET Q q 0 0 0 rg BT 216.50 493.10 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 257.32 493.10 Td (stores ) Tj ET Q q 0 0 0 rg BT 283.71 493.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.21 493.10 Td (partner ) Tj ET Q q 0 0 0 rg BT 332.59 493.10 Td (shops ) Tj ET Q q 0 0 0 rg BT 358.43 493.10 Td (in ) Tj ET Q q 0 0 0 rg BT 369.27 493.10 Td (various ) Tj ET Q q 0 0 0 rg BT 401.77 493.10 Td (cities ) Tj ET Q q 0 0 0 rg BT 425.94 493.10 Td (in ) Tj ET Q q 0 0 0 rg BT 436.78 493.10 Td (our ) Tj ET Q q 0 0 0 rg BT 453.17 493.10 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 493.51 493.10 Td (W) Tj ET Q q 0 0 0 rg BT 502.14 493.10 Td (e ) Tj ET Q q 0 0 0 rg BT 509.64 493.10 Td (further ) Tj ET Q q 0 0 0 rg BT 539.91 493.10 Td (tar) Tj ET Q q 0 0 0 rg BT 550.28 493.10 Td (get ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 93.83 481.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 137.05 481.10 Td (through ) Tj ET Q q 0 0 0 rg BT 170.84 481.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 222.40 481.10 Td (with ) Tj ET Q q 0 0 0 rg BT 242.85 481.10 Td (retail ) Tj ET Q q 0 0 0 rg BT 266.07 481.10 Td (outlets, ) Tj ET Q q 0 0 0 rg BT 297.92 481.10 Td (such ) Tj ET Q q 0 0 0 rg BT 318.92 481.10 Td (as ) Tj ET Q q 0 0 0 rg BT 329.93 481.10 Td (multi-media ) Tj ET Q q 0 0 0 rg BT 381.49 481.10 Td (retailers, ) Tj ET Q q 0 0 0 rg BT 418.87 481.10 Td (electronics ) Tj ET Q q 0 0 0 rg BT 464.86 481.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.97 481.10 Td (telecommunications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 469.10 Td (stores. ) Tj ET Q q 0 0 0 rg BT 77.65 469.10 Td (The ) Tj ET Q q 0 0 0 rg BT 95.70 469.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 117.63 469.10 Td (through ) Tj ET Q q 0 0 0 rg BT 151.24 469.10 Td (these ) Tj ET Q q 0 0 0 rg BT 174.29 469.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 225.67 469.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 265.37 469.10 Td (focus ) Tj ET Q q 0 0 0 rg BT 289.53 469.10 Td (on ) Tj ET Q q 0 0 0 rg BT 302.03 469.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 342.28 469.10 Td (video ) Tj ET Q q 0 0 0 rg BT 367.00 469.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 447.10 Td (For ) Tj ET Q q 0 0 0 rg BT 84.15 447.10 Td (our ) Tj ET Q q 0 0 0 rg BT 100.23 447.10 Td (business ) Tj ET Q q 0 0 0 rg BT 136.88 447.10 Td (sales, ) Tj ET Q q 0 0 0 rg BT 161.57 447.10 Td (we ) Tj ET Q q 0 0 0 rg BT 175.98 447.10 Td (use ) Tj ET Q q 0 0 0 rg BT 192.07 447.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 228.15 447.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 250.34 447.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 290.58 447.10 Td (both ) Tj ET Q q 0 0 0 rg BT 311.11 447.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 336.63 447.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.82 447.10 Td (indirect, ) Tj ET Q q 0 0 0 rg BT 389.62 447.10 Td (to ) Tj ET Q q 0 0 0 rg BT 400.15 447.10 Td (better ) Tj ET Q q 0 0 0 rg BT 425.67 447.10 Td (service ) Tj ET Q q 0 0 0 rg BT 456.74 447.10 Td (our ) Tj ET Q q 0 0 0 rg BT 472.82 447.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 518.62 447.10 Td (For ) Tj ET Q q 0 0 0 rg BT 535.27 447.10 Td (SOHO ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.65 435.10 Td (small ) Tj ET Q q 0 0 0 rg BT 89.03 435.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 131.29 435.10 Td (we ) Tj ET Q q 0 0 0 rg BT 144.67 435.10 Td (use ) Tj ET Q q 0 0 0 rg BT 159.71 435.10 Td (a ) Tj ET Q q 0 0 0 rg BT 165.86 435.10 Td (mix ) Tj ET Q q 0 0 0 rg BT 183.13 435.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.18 435.10 Td (in- ) Tj ET Q q 0 0 0 rg BT 206.00 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 222.15 435.10 Td (outbound ) Tj ET Q q 0 0 0 rg BT 261.64 435.10 Td (service ) Tj ET Q q 0 0 0 rg BT 291.67 435.10 Td (desks ) Tj ET Q q 0 0 0 rg BT 315.61 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.76 435.10 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 382.35 435.10 Td (on-line ) Tj ET Q q 0 0 0 rg BT 412.39 435.10 Td (channels. ) Tj ET Q q 0 0 0 rg BT 451.46 435.10 Td (W) Tj ET Q q 0 0 0 rg BT 460.10 435.10 Td (e ) Tj ET Q q 0 0 0 rg BT 466.25 435.10 Td (have ) Tj ET Q q 0 0 0 rg BT 486.84 435.10 Td (a ) Tj ET Q q 0 0 0 rg BT 492.99 435.10 Td (team ) Tj ET Q q 0 0 0 rg BT 514.14 435.10 Td (of ) Tj ET Q q 0 0 0 rg BT 524.19 435.10 Td (dedicated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.10 Td (account ) Tj ET Q q 0 0 0 rg BT 82.54 423.10 Td (managers ) Tj ET Q q 0 0 0 rg BT 122.81 423.10 Td (who ) Tj ET Q q 0 0 0 rg BT 141.98 423.10 Td (work ) Tj ET Q q 0 0 0 rg BT 164.49 423.10 Td (exclusively ) Tj ET Q q 0 0 0 rg BT 211.98 423.10 Td (with ) Tj ET Q q 0 0 0 rg BT 231.71 423.10 Td (our ) Tj ET Q q 0 0 0 rg BT 246.99 423.10 Td (key ) Tj ET Q q 0 0 0 rg BT 263.38 423.10 Td (account ) Tj ET Q q 0 0 0 rg BT 296.42 423.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 341.42 423.10 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 395.85 423.10 Td (we ) Tj ET Q q 0 0 0 rg BT 409.47 423.10 Td (have ) Tj ET Q q 0 0 0 rg BT 430.29 423.10 Td (an ) Tj ET Q q 0 0 0 rg BT 441.68 423.10 Td (extensive ) Tj ET Q q 0 0 0 rg BT 481.40 423.10 Td (network ) Tj ET Q q 0 0 0 rg BT 516.12 423.10 Td (and ) Tj ET Q q 0 0 0 rg BT 532.51 423.10 Td (support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (program ) Tj ET Q q 0 0 0 rg BT 85.42 411.10 Td (for ) Tj ET Q q 0 0 0 rg BT 99.13 411.10 Td (external ) Tj ET Q q 0 0 0 rg BT 133.38 411.10 Td (business ) Tj ET Q q 0 0 0 rg BT 169.31 411.10 Td (partners ) Tj ET Q q 0 0 0 rg BT 203.57 411.10 Td (who ) Tj ET Q q 0 0 0 rg BT 222.83 411.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 238.77 411.10 Td (our ) Tj ET Q q 0 0 0 rg BT 254.14 411.10 Td (products ) Tj ET Q q 0 0 0 rg BT 290.63 411.10 Td (and ) Tj ET Q q 0 0 0 rg BT 307.11 411.10 Td (services ) Tj ET Q q 0 0 0 rg BT 341.37 411.10 Td (to ) Tj ET Q q 0 0 0 rg BT 351.19 411.10 Td (small ) Tj ET Q q 0 0 0 rg BT 374.90 411.10 Td (and ) Tj ET Q q 0 0 0 rg BT 391.38 411.10 Td (medium ) Tj ET Q q 0 0 0 rg BT 426.20 411.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 468.80 411.10 Td (as ) Tj ET Q q 0 0 0 rg BT 479.17 411.10 Td (well ) Tj ET Q q 0 0 0 rg BT 498.44 411.10 Td (as ) Tj ET Q q 0 0 0 rg BT 508.81 411.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 541.95 411.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 88.66 399.10 Td (relationships.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 377.10 Td (Customer Service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 355.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 86.30 355.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 126.21 355.10 Td (service ) Tj ET Q q 0 0 0 rg BT 157.78 355.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 202.69 355.10 Td (are ) Tj ET Q q 0 0 0 rg BT 218.14 355.10 Td (responsible ) Tj ET Q q 0 0 0 rg BT 266.94 355.10 Td (for ) Tj ET Q q 0 0 0 rg BT 281.86 355.10 Td (all ) Tj ET Q q 0 0 0 rg BT 295.10 355.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 335.01 355.10 Td (care ) Tj ET Q q 0 0 0 rg BT 354.91 355.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 396.76 355.10 Td (including ) Tj ET Q q 0 0 0 rg BT 437.78 355.10 Td (handling ) Tj ET Q q 0 0 0 rg BT 476.03 355.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 515.94 355.10 Td (queries ) Tj ET Q q 0 0 0 rg BT 548.07 355.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (complaints. ) Tj ET Q q 0 0 0 rg BT 98.49 343.10 Td (Their ) Tj ET Q q 0 0 0 rg BT 122.95 343.10 Td (focus ) Tj ET Q q 0 0 0 rg BT 147.41 343.10 Td (is ) Tj ET Q q 0 0 0 rg BT 156.89 343.10 Td (on ) Tj ET Q q 0 0 0 rg BT 169.70 343.10 Td (developing ) Tj ET Q q 0 0 0 rg BT 216.94 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 234.18 343.10 Td (enhancing ) Tj ET Q q 0 0 0 rg BT 278.08 343.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 317.54 343.10 Td (lifetime ) Tj ET Q q 0 0 0 rg BT 351.45 343.10 Td (management ) Tj ET Q q 0 0 0 rg BT 405.35 343.10 Td (as ) Tj ET Q q 0 0 0 rg BT 416.48 343.10 Td (well ) Tj ET Q q 0 0 0 rg BT 436.51 343.10 Td (as ) Tj ET Q q 0 0 0 rg BT 447.64 343.10 Td (of) Tj ET Q q 0 0 0 rg BT 455.79 343.10 Td (fline ) Tj ET Q q 0 0 0 rg BT 476.92 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.17 343.10 Td (online ) Tj ET Q q 0 0 0 rg BT 521.97 343.10 Td (marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.10 Td (integration. ) Tj ET Q q 0 0 0 rg BT 96.82 331.10 Td (Customer ) Tj ET Q q 0 0 0 rg BT 137.21 331.10 Td (service ) Tj ET Q q 0 0 0 rg BT 167.03 331.10 Td (also ) Tj ET Q q 0 0 0 rg BT 184.65 331.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 220.59 331.10 Td (inbound ) Tj ET Q q 0 0 0 rg BT 254.87 331.10 Td (telemarketing ) Tj ET Q q 0 0 0 rg BT 311.35 331.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.29 331.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 348.24 331.10 Td (support ) Tj ET Q q 0 0 0 rg BT 379.74 331.10 Td (functions ) Tj ET Q q 0 0 0 rg BT 418.46 331.10 Td (for ) Tj ET Q q 0 0 0 rg BT 431.62 331.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 474.78 331.10 Td (and ) Tj ET Q q 0 0 0 rg BT 490.72 331.10 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 519.45 331.10 Td (customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 319.10 Td (o ) Tj ET Q q 0 0 0 rg BT 61.72 319.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 90.18 319.10 Td (our ) Tj ET Q q 0 0 0 rg BT 105.32 319.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 143.79 319.10 Td (service ) Tj ET Q q 0 0 0 rg BT 173.91 319.10 Td (call ) Tj ET Q q 0 0 0 rg BT 190.16 319.10 Td (volume, ) Tj ET Q q 0 0 0 rg BT 224.47 319.10 Td (we ) Tj ET Q q 0 0 0 rg BT 237.94 319.10 Td (utilize ) Tj ET Q q 0 0 0 rg BT 264.74 319.10 Td (an ) Tj ET Q q 0 0 0 rg BT 275.99 319.10 Td (online ) Tj ET Q q 0 0 0 rg BT 302.80 319.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 341.26 319.10 Td (web ) Tj ET Q q 0 0 0 rg BT 359.73 319.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 392.36 319.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 421.39 319.10 Td (Community. ) Tj ET Q q 0 0 0 rg BT 476.81 319.10 Td (In ) Tj ET Q q 0 0 0 rg BT 486.96 319.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 524.04 319.10 Td (we ) Tj ET Q q 0 0 0 rg BT 537.51 319.10 Td (utilize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.33 307.10 Td (automated ) Tj ET Q q 0 0 0 rg BT 105.36 307.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 129.40 307.10 Td (response ) Tj ET Q q 0 0 0 rg BT 166.78 307.10 Td (center ) Tj ET Q q 0 0 0 rg BT 193.59 307.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.42 307.10 Td (social ) Tj ET Q q 0 0 0 rg BT 236.13 307.10 Td (media ) Tj ET Q q 0 0 0 rg BT 262.95 307.10 Td (like ) Tj ET Q q 0 0 0 rg BT 280.16 307.10 Td (T) Tj ET Q q 0 0 0 rg BT 285.57 307.10 Td (witter ) Tj ET Q q 0 0 0 rg BT 311.28 307.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.11 307.10 Td (Facebook ) Tj ET Q q 0 0 0 rg BT 369.37 307.10 Td (to ) Tj ET Q q 0 0 0 rg BT 379.53 307.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 408.57 307.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 447.61 307.10 Td (call ) Tj ET Q q 0 0 0 rg BT 464.43 307.10 Td (volume. ) Tj ET Q q 0 0 0 rg BT 499.14 307.10 Td (W) Tj ET Q q 0 0 0 rg BT 507.78 307.10 Td (e ) Tj ET Q q 0 0 0 rg BT 514.60 307.10 Td (also ) Tj ET Q q 0 0 0 rg BT 533.10 307.10 Td (operate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 90.31 295.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 129.47 295.10 Td (service ) Tj ET Q q 0 0 0 rg BT 160.28 295.10 Td (centers ) Tj ET Q q 0 0 0 rg BT 191.10 295.10 Td (throughout ) Tj ET Q q 0 0 0 rg BT 237.48 295.10 Td (the ) Tj ET Q q 0 0 0 rg BT 252.20 295.10 Td (Netherlands. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 273.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 86.38 273.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 126.36 273.10 Td (service ) Tj ET Q q 0 0 0 rg BT 158.01 273.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 186.88 273.10 Td (are ) Tj ET Q q 0 0 0 rg BT 202.41 273.10 Td (skilled ) Tj ET Q q 0 0 0 rg BT 232.41 273.10 Td (in ) Tj ET Q q 0 0 0 rg BT 243.51 273.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 280.17 273.10 Td (areas, ) Tj ET Q q 0 0 0 rg BT 306.54 273.10 Td (including ) Tj ET Q q 0 0 0 rg BT 347.64 273.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 391.51 273.10 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 440.10 273.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 480.08 273.10 Td (care, ) Tj ET Q q 0 0 0 rg BT 502.55 273.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.32 273.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 543.09 273.10 Td (for ) Tj ET Q q 0 0 0 rg BT 558.07 273.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 79.64 261.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.35 261.10 Td (products ) Tj ET Q q 0 0 0 rg BT 127.17 261.10 Td (as ) Tj ET Q q 0 0 0 rg BT 137.87 261.10 Td (well ) Tj ET Q q 0 0 0 rg BT 157.47 261.10 Td (as ) Tj ET Q q 0 0 0 rg BT 168.18 261.10 Td (technical ) Tj ET Q q 0 0 0 rg BT 206.64 261.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 239.31 261.10 Td (All ) Tj ET Q q 0 0 0 rg BT 254.47 261.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.18 261.10 Td (our ) Tj ET Q q 0 0 0 rg BT 280.88 261.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 319.92 261.10 Td (services ) Tj ET Q q 0 0 0 rg BT 354.50 261.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 382.43 261.10 Td (are ) Tj ET Q q 0 0 0 rg BT 397.01 261.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 435.48 261.10 Td (trained ) Tj ET Q q 0 0 0 rg BT 465.63 261.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.78 261.10 Td (soft ) Tj ET Q q 0 0 0 rg BT 493.16 261.10 Td (skills ) Tj ET Q q 0 0 0 rg BT 516.66 261.10 Td (and ) Tj ET Q q 0 0 0 rg BT 533.47 261.10 Td (on ) Tj ET Q q 0 0 0 rg BT 545.85 261.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.10 Td (product ) Tj ET Q q 0 0 0 rg BT 82.41 249.10 Td (of) Tj ET Q q 0 0 0 rg BT 90.56 249.10 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 123.02 249.10 Td (W) Tj ET Q q 0 0 0 rg BT 131.66 249.10 Td (e ) Tj ET Q q 0 0 0 rg BT 138.46 249.10 Td (also ) Tj ET Q q 0 0 0 rg BT 156.93 249.10 Td (have ) Tj ET Q q 0 0 0 rg BT 178.17 249.10 Td (a ) Tj ET Q q 0 0 0 rg BT 184.97 249.10 Td (specialized ) Tj ET Q q 0 0 0 rg BT 231.76 249.10 Td (team ) Tj ET Q q 0 0 0 rg BT 253.55 249.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.58 249.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 289.38 249.10 Td (and ) Tj ET Q q 0 0 0 rg BT 306.18 249.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 345.20 249.10 Td (care ) Tj ET Q q 0 0 0 rg BT 364.21 249.10 Td (in ) Tj ET Q q 0 0 0 rg BT 374.35 249.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 407.25 249.10 Td (to ) Tj ET Q q 0 0 0 rg BT 417.40 249.10 Td (our ) Tj ET Q q 0 0 0 rg BT 433.09 249.10 Td (business ) Tj ET Q q 0 0 0 rg BT 469.34 249.10 Td (services ) Tj ET Q q 0 0 0 rg BT 503.91 249.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.72 249.10 Td (also ) Tj ET Q q 0 0 0 rg BT 539.19 249.10 Td (teams ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.10 Td (specifically ) Tj ET Q q 0 0 0 rg BT 98.09 237.10 Td (focusing ) Tj ET Q q 0 0 0 rg BT 135.03 237.10 Td (on ) Tj ET Q q 0 0 0 rg BT 147.53 237.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 186.68 237.10 Td (retention ) Tj ET Q q 0 0 0 rg BT 224.72 237.10 Td (as ) Tj ET Q q 0 0 0 rg BT 235.55 237.10 Td (well ) Tj ET Q q 0 0 0 rg BT 255.27 237.10 Td (as ) Tj ET Q q 0 0 0 rg BT 266.10 237.10 Td (complaint ) Tj ET Q q 0 0 0 rg BT 308.59 237.10 Td (management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 215.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 215.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.39 215.10 Td (are ) Tj ET Q q 0 0 0 rg BT 96.42 215.10 Td (required ) Tj ET Q q 0 0 0 rg BT 131.55 215.10 Td (to ) Tj ET Q q 0 0 0 rg BT 141.15 215.10 Td (operate ) Tj ET Q q 0 0 0 rg BT 172.39 215.10 Td (a ) Tj ET Q q 0 0 0 rg BT 178.65 215.10 Td (switch ) Tj ET Q q 0 0 0 rg BT 211.01 215.10 Td (desk, ) Tj ET Q q 0 0 0 rg BT 238.10 215.10 Td (which ) Tj ET Q q 0 0 0 rg BT 264.35 215.10 Td (enables ) Tj ET Q q 0 0 0 rg BT 296.16 215.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 338.52 215.10 Td (to ) Tj ET Q q 0 0 0 rg BT 348.12 215.10 Td (transition ) Tj ET Q q 0 0 0 rg BT 387.71 215.10 Td (between ) Tj ET Q q 0 0 0 rg BT 422.84 215.10 Td (dif) Tj ET Q q 0 0 0 rg BT 433.77 215.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 458.90 215.10 Td (television, ) Tj ET Q q 0 0 0 rg BT 502.10 215.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 534.46 215.10 Td (access, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 203.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 108.37 203.10 Td (\(including ) Tj ET Q q 0 0 0 rg BT 151.98 203.10 Td (mobile\) ) Tj ET Q q 0 0 0 rg BT 185.58 203.10 Td (service ) Tj ET Q q 0 0 0 rg BT 216.39 203.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 256.66 203.10 Td (with ) Tj ET Q q 0 0 0 rg BT 276.94 203.10 Td (minimal ) Tj ET Q q 0 0 0 rg BT 312.77 203.10 Td (disruption ) Tj ET Q q 0 0 0 rg BT 355.83 203.10 Td (to ) Tj ET Q q 0 0 0 rg BT 366.11 203.10 Td (their ) Tj ET Q q 0 0 0 rg BT 386.93 203.10 Td (service. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 181.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.69 181.10 Td (our ) Tj ET Q q 0 0 0 rg BT 99.31 181.10 Td (business ) Tj ET Q q 0 0 0 rg BT 135.50 181.10 Td (services ) Tj ET Q q 0 0 0 rg BT 170.01 181.10 Td (related ) Tj ET Q q 0 0 0 rg BT 199.50 181.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.58 181.10 Td (our ) Tj ET Q q 0 0 0 rg BT 225.21 181.10 Td (SOHO, ) Tj ET Q q 0 0 0 rg BT 257.23 181.10 Td (small, ) Tj ET Q q 0 0 0 rg BT 283.69 181.10 Td (medium, ) Tj ET Q q 0 0 0 rg BT 321.26 181.10 Td (and ) Tj ET Q q 0 0 0 rg BT 337.99 181.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 378.04 181.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 420.89 181.10 Td (we ) Tj ET Q q 0 0 0 rg BT 434.84 181.10 Td (operate ) Tj ET Q q 0 0 0 rg BT 466.56 181.10 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 507.17 181.10 Td (service ) Tj ET Q q 0 0 0 rg BT 537.78 181.10 Td (desks.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 159.10 Td (Network and T) Tj ET Q q 0 0 0 rg BT 119.25 159.10 Td (echnology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 137.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.86 137.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 113.38 137.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 158.40 137.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 194.25 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 211.49 137.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 253.17 137.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 295.42 137.10 Td (services ) Tj ET Q q 0 0 0 rg BT 330.43 137.10 Td (are ) Tj ET Q q 0 0 0 rg BT 345.44 137.10 Td (transmitted ) Tj ET Q q 0 0 0 rg BT 393.24 137.10 Td (over ) Tj ET Q q 0 0 0 rg BT 413.82 137.10 Td (a ) Tj ET Q q 0 0 0 rg BT 421.06 137.10 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 449.98 137.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 471.67 137.10 Td (coaxial ) Tj ET Q q 0 0 0 rg BT 503.34 137.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 527.25 137.10 Td (network. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (This ) Tj ET Q q 0 0 0 rg BT 70.20 125.10 Td (network ) Tj ET Q q 0 0 0 rg BT 105.89 125.10 Td (is ) Tj ET Q q 0 0 0 rg BT 115.48 125.10 Td (composed ) Tj ET Q q 0 0 0 rg BT 158.95 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.21 125.10 Td (national ) Tj ET Q q 0 0 0 rg BT 205.34 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 222.70 125.10 Td (regional ) Tj ET Q q 0 0 0 rg BT 258.39 125.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 280.19 125.10 Td (networks, ) Tj ET Q q 0 0 0 rg BT 322.27 125.10 Td (which ) Tj ET Q q 0 0 0 rg BT 349.63 125.10 Td (are ) Tj ET Q q 0 0 0 rg BT 364.76 125.10 Td (connected ) Tj ET Q q 0 0 0 rg BT 408.21 125.10 Td (to ) Tj ET Q q 0 0 0 rg BT 418.91 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 434.05 125.10 Td (home ) Tj ET Q q 0 0 0 rg BT 459.19 125.10 Td (over ) Tj ET Q q 0 0 0 rg BT 479.88 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.02 125.10 Td (last ) Tj ET Q q 0 0 0 rg BT 511.83 125.10 Td (few ) Tj ET Q q 0 0 0 rg BT 529.74 125.10 Td (hundred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (meters ) Tj ET Q q 0 0 0 rg BT 78.35 113.10 Td (by ) Tj ET Q q 0 0 0 rg BT 90.54 113.10 Td (coaxial ) Tj ET Q q 0 0 0 rg BT 121.60 113.10 Td (cable. ) Tj ET Q q 0 0 0 rg BT 147.22 113.10 Td (This ) Tj ET Q q 0 0 0 rg BT 167.19 113.10 Td (network ) Tj ET Q q 0 0 0 rg BT 202.15 113.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 230.45 113.10 Td (for ) Tj ET Q q 0 0 0 rg BT 244.30 113.10 Td (two-way ) Tj ET Q q 0 0 0 rg BT 281.48 113.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 349.77 113.10 Td (and ) Tj ET Q q 0 0 0 rg BT 366.40 113.10 Td (is ) Tj ET Q q 0 0 0 rg BT 375.25 113.10 Td (flexible ) Tj ET Q q 0 0 0 rg BT 407.99 113.10 Td (enough ) Tj ET Q q 0 0 0 rg BT 439.62 113.10 Td (to ) Tj ET Q q 0 0 0 rg BT 449.58 113.10 Td (support ) Tj ET Q q 0 0 0 rg BT 481.77 113.10 Td (our ) Tj ET Q q 0 0 0 rg BT 497.29 113.10 Td (current ) Tj ET Q q 0 0 0 rg BT 527.80 113.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.33 101.10 Td (well ) Tj ET Q q 0 0 0 rg BT 80.05 101.10 Td (as ) Tj ET Q q 0 0 0 rg BT 90.88 101.10 Td (new ) Tj ET Q q 0 0 0 rg BT 110.04 101.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 79.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 79.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.04 79.10 Td (also ) Tj ET Q q 0 0 0 rg BT 101.62 79.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 134.63 79.10 Td (our ) Tj ET Q q 0 0 0 rg BT 150.43 79.10 Td (services ) Tj ET Q q 0 0 0 rg BT 185.10 79.10 Td (over ) Tj ET Q q 0 0 0 rg BT 205.34 79.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 235.01 79.10 Td (partner ) Tj ET Q q 0 0 0 rg BT 265.79 79.10 Td (networks. ) Tj ET Q q 0 0 0 rg BT 307.24 79.10 Td (W) Tj ET Q q 0 0 0 rg BT 315.88 79.10 Td (e ) Tj ET Q q 0 0 0 rg BT 322.79 79.10 Td (of) Tj ET Q q 0 0 0 rg BT 330.93 79.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 344.50 79.10 Td (this ) Tj ET Q q 0 0 0 rg BT 361.42 79.10 Td (service ) Tj ET Q q 0 0 0 rg BT 392.20 79.10 Td (on ) Tj ET Q q 0 0 0 rg BT 404.67 79.10 Td (an ) Tj ET Q q 0 0 0 rg BT 416.57 79.10 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 456.80 79.10 Td (and ) Tj ET Q q 0 0 0 rg BT 473.71 79.10 Td (non-exclusive ) Tj ET Q q 0 0 0 rg BT 532.27 79.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 554.74 79.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.10 Td (small ) Tj ET Q q 0 0 0 rg BT 73.82 67.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 97.57 67.10 Td (network ) Tj ET Q q 0 0 0 rg BT 132.99 67.10 Td (owners ) Tj ET Q q 0 0 0 rg BT 164.52 67.10 Td (who ) Tj ET Q q 0 0 0 rg BT 184.40 67.10 Td (have ) Tj ET Q q 0 0 0 rg BT 205.93 67.10 Td (not ) Tj ET Q q 0 0 0 rg BT 221.36 67.10 Td (developed ) Tj ET Q q 0 0 0 rg BT 265.11 67.10 Td (the ) Tj ET Q q 0 0 0 rg BT 279.98 67.10 Td (capability ) Tj ET Q q 0 0 0 rg BT 322.06 67.10 Td (to ) Tj ET Q q 0 0 0 rg BT 332.50 67.10 Td (of) Tj ET Q q 0 0 0 rg BT 340.65 67.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 354.40 67.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 393.15 67.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 432.75 67.10 Td (such ) Tj ET Q q 0 0 0 rg BT 453.73 67.10 Td (as ) Tj ET Q q 0 0 0 rg BT 464.71 67.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 492.92 67.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 520.29 67.10 Td (broadband ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 55.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 85.04 55.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.98 55.10 Td (telephony) Tj ET Q q 0 0 0 rg BT 140.76 55.10 Td (. ) Tj ET Q q 0 0 0 rg BT 145.58 55.10 Td (The ) Tj ET Q q 0 0 0 rg BT 163.63 55.10 Td (7.2 ) Tj ET Q q 0 0 0 rg BT 178.63 55.10 Td (million ) Tj ET Q q 0 0 0 rg BT 210.02 55.10 Td (homes ) Tj ET Q q 0 0 0 rg BT 238.63 55.10 Td (passed ) Tj ET Q q 0 0 0 rg BT 267.79 55.10 Td (on ) Tj ET Q q 0 0 0 rg BT 280.29 55.10 Td (our ) Tj ET Q q 0 0 0 rg BT 296.12 55.10 Td (network ) Tj ET Q q 0 0 0 rg BT 331.39 55.10 Td (exclude ) Tj ET Q q 0 0 0 rg BT 364.98 55.10 Td (homes ) Tj ET Q q 0 0 0 rg BT 393.59 55.10 Td (reached ) Tj ET Q q 0 0 0 rg BT 427.18 55.10 Td (by ) Tj ET Q q 0 0 0 rg BT 439.68 55.10 Td (a ) Tj ET Q q 0 0 0 rg BT 446.61 55.10 Td (partner ) Tj ET Q q 0 0 0 rg BT 477.43 55.10 Td (network. ) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.85 21.60 Td (I-1) Tj ET Q q 0 0 0 rg BT 309.14 21.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 713.10 Td (o ) Tj ET Q q 0 0 0 rg BT 80.41 713.10 Td (connect ) Tj ET Q q 0 0 0 rg BT 114.00 713.10 Td (remote) Tj ET Q q 0 0 0 rg BT 147.69 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 150.19 713.10 Td (locations ) Tj ET Q q 0 0 0 rg BT 188.79 713.10 Td (we ) Tj ET Q q 0 0 0 rg BT 202.95 713.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 225.43 713.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 246.81 713.10 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 298.74 713.10 Td (from ) Tj ET Q q 0 0 0 rg BT 320.68 713.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 342.06 713.10 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 384.54 713.10 Td (suppliers, ) Tj ET Q q 0 0 0 rg BT 425.65 713.10 Td (when ) Tj ET Q q 0 0 0 rg BT 449.81 713.10 Td (economically ) Tj ET Q q 0 0 0 rg BT 506.18 713.10 Td (feasible.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 691.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 691.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.04 691.10 Td (closely ) Tj ET Q q 0 0 0 rg BT 113.83 691.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 147.96 691.10 Td (our ) Tj ET Q q 0 0 0 rg BT 163.76 691.10 Td (network ) Tj ET Q q 0 0 0 rg BT 198.99 691.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 234.76 691.10 Td (and ) Tj ET Q q 0 0 0 rg BT 251.67 691.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 290.79 691.10 Td (usage. ) Tj ET Q q 0 0 0 rg BT 318.34 691.10 Td (Where ) Tj ET Q q 0 0 0 rg BT 347.45 691.10 Td (necessary) Tj ET Q q 0 0 0 rg BT 385.67 691.10 Td (, ) Tj ET Q q 0 0 0 rg BT 390.64 691.10 Td (we ) Tj ET Q q 0 0 0 rg BT 404.76 691.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 439.98 691.10 Td (our ) Tj ET Q q 0 0 0 rg BT 455.77 691.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 491.55 691.10 Td (incrementally) Tj ET Q q 0 0 0 rg BT 545.88 691.10 Td (, ) Tj ET Q q 0 0 0 rg BT 550.84 691.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 679.10 Td (instance ) Tj ET Q q 0 0 0 rg BT 83.79 679.10 Td (by ) Tj ET Q q 0 0 0 rg BT 95.31 679.10 Td (splitting ) Tj ET Q q 0 0 0 rg BT 129.62 679.10 Td (nodes ) Tj ET Q q 0 0 0 rg BT 154.48 679.10 Td (in ) Tj ET Q q 0 0 0 rg BT 163.78 679.10 Td (our ) Tj ET Q q 0 0 0 rg BT 178.63 679.10 Td (network. ) Tj ET Q q 0 0 0 rg BT 215.32 679.10 Td (W) Tj ET Q q 0 0 0 rg BT 223.96 679.10 Td (e ) Tj ET Q q 0 0 0 rg BT 229.92 679.10 Td (also ) Tj ET Q q 0 0 0 rg BT 247.55 679.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 283.51 679.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.81 679.10 Td (explore ) Tj ET Q q 0 0 0 rg BT 324.32 679.10 Td (new ) Tj ET Q q 0 0 0 rg BT 342.51 679.10 Td (technologies ) Tj ET Q q 0 0 0 rg BT 394.58 679.10 Td (that ) Tj ET Q q 0 0 0 rg BT 411.10 679.10 Td (will ) Tj ET Q q 0 0 0 rg BT 428.18 679.10 Td (enhance ) Tj ET Q q 0 0 0 rg BT 462.46 679.10 Td (our ) Tj ET Q q 0 0 0 rg BT 477.31 679.10 Td (customers) Tj ET Q q 0 0 0 rg BT 520.45 679.10 Td ( ) Tj ET Q q 0 0 0 rg BT 521.97 679.10 Td (connected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.10 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 106.98 667.10 Td (experience, ) Tj ET Q q 0 0 0 rg BT 155.28 667.10 Td (such ) Tj ET Q q 0 0 0 rg BT 176.11 667.10 Td (as: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 645.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 645.10 Td (recapturing ) Tj ET Q q 0 0 0 rg BT 133.48 645.10 Td (bandwidth ) Tj ET Q q 0 0 0 rg BT 178.14 645.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.02 645.10 Td (optimizing ) Tj ET Q q 0 0 0 rg BT 240.80 645.10 Td (our ) Tj ET Q q 0 0 0 rg BT 256.57 645.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 295.68 645.10 Td (by ) Tj ET Q q 0 0 0 rg BT 308.13 645.10 Td (increasing ) Tj ET Q q 0 0 0 rg BT 351.66 645.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.33 645.10 Td (number ) Tj ET Q q 0 0 0 rg BT 399.32 645.10 Td (of ) Tj ET Q q 0 0 0 rg BT 410.09 645.10 Td (nodes ) Tj ET Q q 0 0 0 rg BT 435.87 645.10 Td (in ) Tj ET Q q 0 0 0 rg BT 446.09 645.10 Td (our ) Tj ET Q q 0 0 0 rg BT 461.87 645.10 Td (markets ) Tj ET Q q 0 0 0 rg BT 495.97 645.10 Td (and ) Tj ET Q q 0 0 0 rg BT 512.85 645.10 Td (using ) Tj ET Q q 0 0 0 rg BT 536.97 645.10 Td (digital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 633.10 Td (compression ) Tj ET Q q 0 0 0 rg BT 138.55 633.10 Td (technologies; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 611.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 611.10 Td (increasing ) Tj ET Q q 0 0 0 rg BT 129.09 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.81 611.10 Td (bandwidth ) Tj ET Q q 0 0 0 rg BT 188.53 611.10 Td (of ) Tj ET Q q 0 0 0 rg BT 199.36 611.10 Td (our ) Tj ET Q q 0 0 0 rg BT 215.19 611.10 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 243.80 611.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 265.17 611.10 Td (coaxial ) Tj ET Q q 0 0 0 rg BT 296.54 611.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 320.14 611.10 Td (network ) Tj ET Q q 0 0 0 rg BT 355.41 611.10 Td (to ) Tj ET Q q 0 0 0 rg BT 365.69 611.10 Td (1.2GHz;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 589.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 589.10 Td (enhancing ) Tj ET Q q 0 0 0 rg BT 129.09 589.10 Td (our ) Tj ET Q q 0 0 0 rg BT 144.92 589.10 Td (network ) Tj ET Q q 0 0 0 rg BT 180.19 589.10 Td (to ) Tj ET Q q 0 0 0 rg BT 190.47 589.10 Td (accommodate ) Tj ET Q q 0 0 0 rg BT 248.50 589.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 290.99 589.10 Td (business ) Tj ET Q q 0 0 0 rg BT 327.38 589.10 Td (services; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 567.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 567.10 Td (using ) Tj ET Q q 0 0 0 rg BT 109.67 567.10 Td (wireless ) Tj ET Q q 0 0 0 rg BT 144.94 567.10 Td (technologies ) Tj ET Q q 0 0 0 rg BT 197.98 567.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.26 567.10 Td (extend ) Tj ET Q q 0 0 0 rg BT 237.41 567.10 Td (our ) Tj ET Q q 0 0 0 rg BT 253.24 567.10 Td (services ) Tj ET Q q 0 0 0 rg BT 287.95 567.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 319.34 567.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.05 567.10 Td (home; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 545.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.10 Td (of) Tj ET Q q 0 0 0 rg BT 93.65 545.10 Td (fering ) Tj ET Q q 0 0 0 rg BT 120.03 545.10 Td (remote ) Tj ET Q q 0 0 0 rg BT 150.29 545.10 Td (access ) Tj ET Q q 0 0 0 rg BT 178.33 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 188.61 545.10 Td (our ) Tj ET Q q 0 0 0 rg BT 204.44 545.10 Td (video ) Tj ET Q q 0 0 0 rg BT 229.15 545.10 Td (services ) Tj ET Q q 0 0 0 rg BT 263.86 545.10 Td (through ) Tj ET Q q 0 0 0 rg BT 297.47 545.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 333.84 545.10 Td (computers, ) Tj ET Q q 0 0 0 rg BT 380.50 545.10 Td (smart ) Tj ET Q q 0 0 0 rg BT 405.22 545.10 Td (phones, ) Tj ET Q q 0 0 0 rg BT 438.55 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.49 545.10 Td (tablets; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 523.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 523.10 Td (introducing ) Tj ET Q q 0 0 0 rg BT 134.10 523.10 Td (new ) Tj ET Q q 0 0 0 rg BT 153.26 523.10 Td (Mediabox ) Tj ET Q q 0 0 0 rg BT 196.31 523.10 Td (Next ) Tj ET Q q 0 0 0 rg BT 218.25 523.10 Td (with ) Tj ET Q q 0 0 0 rg BT 238.53 523.10 Td (4k ) Tj ET Q q 0 0 0 rg BT 251.03 523.10 Td (ultra ) Tj ET Q q 0 0 0 rg BT 271.85 523.10 Td (HD ) Tj ET Q q 0 0 0 rg BT 288.80 523.10 Td (and ) Tj ET Q q 0 0 0 rg BT 305.73 523.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 329.89 523.10 Td (control ) Tj ET Q q 0 0 0 rg BT 360.71 523.10 Td (remote ) Tj ET Q q 0 0 0 rg BT 390.98 523.10 Td (capabilities; ) Tj ET Q q 0 0 0 rg BT 441.79 523.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 501.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 501.10 Td (introducing ) Tj ET Q q 0 0 0 rg BT 134.10 501.10 Td (online ) Tj ET Q q 0 0 0 rg BT 161.60 501.10 Td (media ) Tj ET Q q 0 0 0 rg BT 188.53 501.10 Td (sharing ) Tj ET Q q 0 0 0 rg BT 220.47 501.10 Td (and ) Tj ET Q q 0 0 0 rg BT 237.41 501.10 Td (streaming ) Tj ET Q q 0 0 0 rg BT 279.34 501.10 Td (or ) Tj ET Q q 0 0 0 rg BT 290.17 501.10 Td (cloud ) Tj ET Q q 0 0 0 rg BT 314.89 501.10 Td (based ) Tj ET Q q 0 0 0 rg BT 340.16 501.10 Td (video. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 479.10 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 479.10 Td (o ) Tj ET Q q 0 0 0 rg BT 80.16 479.10 Td (deliver ) Tj ET Q q 0 0 0 rg BT 110.17 479.10 Td (our ) Tj ET Q q 0 0 0 rg BT 125.75 479.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 155.78 479.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 192.73 479.10 Td (we ) Tj ET Q q 0 0 0 rg BT 206.64 479.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 238.32 479.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 268.34 479.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 307.25 479.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 341.15 479.10 Td (for ) Tj ET Q q 0 0 0 rg BT 355.06 479.10 Td (various ) Tj ET Q q 0 0 0 rg BT 386.75 479.10 Td (radio ) Tj ET Q q 0 0 0 rg BT 409.55 479.10 Td (frequencies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.22 479.10 Td (V) Tj ET Q q 0 0 0 rg BT 466.15 479.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 500.61 479.10 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.57 479.10 Td ( ) Tj ET Q q 0 0 0 rg BT 515.82 479.10 Td (has ) Tj ET Q q 0 0 0 rg BT 531.40 479.10 Td (steadily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 89.83 467.10 Td (its ) Tj ET Q q 0 0 0 rg BT 101.86 467.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 132.21 467.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 171.45 467.10 Td (license ) Tj ET Q q 0 0 0 rg BT 201.79 467.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 238.82 467.10 Td (to ) Tj ET Q q 0 0 0 rg BT 249.18 467.10 Td (boost ) Tj ET Q q 0 0 0 rg BT 273.43 467.10 Td (network ) Tj ET Q q 0 0 0 rg BT 308.78 467.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 339.13 467.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.15 467.10 Td (its ) Tj ET Q q 0 0 0 rg BT 368.17 467.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 404.06 467.10 Td (to ) Tj ET Q q 0 0 0 rg BT 414.42 467.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 437.54 467.10 Td (more ) Tj ET Q q 0 0 0 rg BT 460.67 467.10 Td (data. ) Tj ET Q q 0 0 0 rg BT 481.83 467.10 Td (As ) Tj ET Q q 0 0 0 rg BT 495.52 467.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.43 467.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 455.10 Td (, ) Tj ET Q q 0 0 0 rg BT 75.88 455.10 Td (we ) Tj ET Q q 0 0 0 rg BT 91.42 455.10 Td (had ) Tj ET Q q 0 0 0 rg BT 109.73 455.10 Td (over ) Tj ET Q q 0 0 0 rg BT 131.38 455.10 Td (4,700 ) Tj ET Q q 0 0 0 rg BT 157.76 455.10 Td (base ) Tj ET Q q 0 0 0 rg BT 179.41 455.10 Td (stations ) Tj ET Q q 0 0 0 rg BT 213.84 455.10 Td (in ) Tj ET Q q 0 0 0 rg BT 225.50 455.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.59 455.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 293.79 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 306.00 455.10 Td (which ) Tj ET Q q 0 0 0 rg BT 334.31 455.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 395.95 455.10 Td (95% ) Tj ET Q q 0 0 0 rg BT 418.16 455.10 Td (were ) Tj ET Q q 0 0 0 rg BT 441.47 455.10 Td (connected ) Tj ET Q q 0 0 0 rg BT 485.88 455.10 Td (with ) Tj ET Q q 0 0 0 rg BT 507.53 455.10 Td (high ) Tj ET Q q 0 0 0 rg BT 529.19 455.10 Td (capacity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (transmission. ) Tj ET Q q 0 0 0 rg BT 104.41 443.10 Td (High ) Tj ET Q q 0 0 0 rg BT 126.26 443.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 161.42 443.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 213.82 443.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 241.78 443.10 Td (us ) Tj ET Q q 0 0 0 rg BT 252.52 443.10 Td (to ) Tj ET Q q 0 0 0 rg BT 262.15 443.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 294.55 443.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 336.94 443.10 Td (with ) Tj ET Q q 0 0 0 rg BT 356.57 443.10 Td (broad ) Tj ET Q q 0 0 0 rg BT 381.19 443.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 419.12 443.10 Td (both ) Tj ET Q q 0 0 0 rg BT 438.75 443.10 Td (indoors ) Tj ET Q q 0 0 0 rg BT 470.60 443.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.89 443.10 Td (outdoors, ) Tj ET Q q 0 0 0 rg BT 526.24 443.10 Td (a ) Tj ET Q q 0 0 0 rg BT 532.53 443.10 Td (reliable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (connection, ) Tj ET Q q 0 0 0 rg BT 97.72 431.10 Td (high ) Tj ET Q q 0 0 0 rg BT 117.35 431.10 Td (speed ) Tj ET Q q 0 0 0 rg BT 141.97 431.10 Td (data ) Tj ET Q q 0 0 0 rg BT 160.47 431.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 212.88 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 229.17 431.10 Td (ample ) Tj ET Q q 0 0 0 rg BT 255.45 431.10 Td (data ) Tj ET Q q 0 0 0 rg BT 273.96 431.10 Td (capacity) Tj ET Q q 0 0 0 rg BT 306.62 431.10 Td (. ) Tj ET Q q 0 0 0 rg BT 310.83 431.10 Td (W) Tj ET Q q 0 0 0 rg BT 319.47 431.10 Td (e ) Tj ET Q q 0 0 0 rg BT 325.76 431.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 362.04 431.10 Td (to ) Tj ET Q q 0 0 0 rg BT 371.67 431.10 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 406.83 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 423.12 431.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 454.39 431.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 496.23 431.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 525.85 431.10 Td (spectrum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 84.00 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.28 419.10 Td (extend ) Tj ET Q q 0 0 0 rg BT 130.78 419.10 Td (our ) Tj ET Q q 0 0 0 rg BT 146.95 419.10 Td (licenses, ) Tj ET Q q 0 0 0 rg BT 183.95 419.10 Td (enabling ) Tj ET Q q 0 0 0 rg BT 221.23 419.10 Td (us ) Tj ET Q q 0 0 0 rg BT 232.96 419.10 Td (to ) Tj ET Q q 0 0 0 rg BT 243.58 419.10 Td (expand ) Tj ET Q q 0 0 0 rg BT 275.30 419.10 Td (our ) Tj ET Q q 0 0 0 rg BT 291.48 419.10 Td (network ) Tj ET Q q 0 0 0 rg BT 327.09 419.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 357.71 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 374.99 419.10 Td (capacity) Tj ET Q q 0 0 0 rg BT 407.65 419.10 Td (. ) Tj ET Q q 0 0 0 rg BT 412.79 419.10 Td (The ) Tj ET Q q 0 0 0 rg BT 431.18 419.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 467.90 419.10 Td (of ) Tj ET Q q 0 0 0 rg BT 479.08 419.10 Td (our ) Tj ET Q q 0 0 0 rg BT 495.25 419.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 525.87 419.10 Td (spectrum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 83.60 407.10 Td (expire ) Tj ET Q q 0 0 0 rg BT 111.03 407.10 Td (in ) Tj ET Q q 0 0 0 rg BT 121.26 407.10 Td (2030 ) Tj ET Q q 0 0 0 rg BT 143.70 407.10 Td (and ) Tj ET Q q 0 0 0 rg BT 160.59 407.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.25 407.10 Td (license ) Tj ET Q q 0 0 0 rg BT 205.46 407.10 Td (for ) Tj ET Q q 0 0 0 rg BT 219.57 407.10 Td (the ) Tj ET Q q 0 0 0 rg BT 234.23 407.10 Td (2100 ) Tj ET Q q 0 0 0 rg BT 256.68 407.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 279.68 407.10 Td (band ) Tj ET Q q 0 0 0 rg BT 301.56 407.10 Td (expires ) Tj ET Q q 0 0 0 rg BT 332.88 407.10 Td (in ) Tj ET Q q 0 0 0 rg BT 343.11 407.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 367.88 407.10 Td (The ) Tj ET Q q 0 0 0 rg BT 385.87 407.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 412.76 407.10 Td (Government ) Tj ET Q q 0 0 0 rg BT 465.19 407.10 Td (is ) Tj ET Q q 0 0 0 rg BT 474.30 407.10 Td (planning ) Tj ET Q q 0 0 0 rg BT 511.75 407.10 Td (to ) Tj ET Q q 0 0 0 rg BT 521.97 407.10 Td (re-auction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.05 395.10 Td (2100 ) Tj ET Q q 0 0 0 rg BT 86.38 395.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 109.26 395.10 Td (license ) Tj ET Q q 0 0 0 rg BT 139.36 395.10 Td (used ) Tj ET Q q 0 0 0 rg BT 160.02 395.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.18 395.10 Td (V) Tj ET Q q 0 0 0 rg BT 178.12 395.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 212.65 395.10 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.61 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 227.94 395.10 Td (in ) Tj ET Q q 0 0 0 rg BT 238.05 395.10 Td (late ) Tj ET Q q 0 0 0 rg BT 254.82 395.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 277.15 395.10 Td (or ) Tj ET Q q 0 0 0 rg BT 287.81 395.10 Td (early ) Tj ET Q q 0 0 0 rg BT 310.13 395.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 334.96 395.10 Td (as ) Tj ET Q q 0 0 0 rg BT 345.62 395.10 Td (well ) Tj ET Q q 0 0 0 rg BT 365.17 395.10 Td (as ) Tj ET Q q 0 0 0 rg BT 375.83 395.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 409.82 395.10 Td (for ) Tj ET Q q 0 0 0 rg BT 423.81 395.10 Td (the ) Tj ET Q q 0 0 0 rg BT 438.36 395.10 Td (new ) Tj ET Q q 0 0 0 rg BT 457.35 395.10 Td (700 ) Tj ET Q q 0 0 0 rg BT 474.68 395.10 Td (and ) Tj ET Q q 0 0 0 rg BT 491.45 395.10 Td (1400 ) Tj ET Q q 0 0 0 rg BT 513.78 395.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 536.67 395.10 Td (bands. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 373.10 Td (Supply Sources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 351.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.55 351.10 Td (our ) Tj ET Q q 0 0 0 rg BT 99.04 351.10 Td (video ) Tj ET Q q 0 0 0 rg BT 123.42 351.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 160.28 351.10 Td (we ) Tj ET Q q 0 0 0 rg BT 174.10 351.10 Td (license ) Tj ET Q q 0 0 0 rg BT 204.03 351.10 Td (most ) Tj ET Q q 0 0 0 rg BT 225.64 351.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.13 351.10 Td (our ) Tj ET Q q 0 0 0 rg BT 251.61 351.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 308.21 351.10 Td (and ) Tj ET Q q 0 0 0 rg BT 324.81 351.10 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 371.95 351.10 Td (of) Tj ET Q q 0 0 0 rg BT 380.10 351.10 Td (ferings ) Tj ET Q q 0 0 0 rg BT 410.03 351.10 Td (from ) Tj ET Q q 0 0 0 rg BT 431.63 351.10 Td (content ) Tj ET Q q 0 0 0 rg BT 463.22 351.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 503.15 351.10 Td (and ) Tj ET Q q 0 0 0 rg BT 519.75 351.10 Td (third-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 74.91 339.10 Td (holders, ) Tj ET Q q 0 0 0 rg BT 109.47 339.10 Td (including ) Tj ET Q q 0 0 0 rg BT 149.88 339.10 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 202.48 339.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.55 339.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 243.27 339.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 300.33 339.10 Td (networks. ) Tj ET Q q 0 0 0 rg BT 342.12 339.10 Td (For ) Tj ET Q q 0 0 0 rg BT 358.64 339.10 Td (such ) Tj ET Q q 0 0 0 rg BT 379.60 339.10 Td (licenses, ) Tj ET Q q 0 0 0 rg BT 416.38 339.10 Td (we ) Tj ET Q q 0 0 0 rg BT 430.67 339.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 470.50 339.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 487.57 339.10 Td (a ) Tj ET Q q 0 0 0 rg BT 494.63 339.10 Td (monthly ) Tj ET Q q 0 0 0 rg BT 530.60 339.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 545.43 339.10 Td (on ) Tj ET Q q 0 0 0 rg BT 558.06 339.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.10 Td (per ) Tj ET Q q 0 0 0 rg BT 64.21 327.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 97.25 327.10 Td (or ) Tj ET Q q 0 0 0 rg BT 107.52 327.10 Td (per ) Tj ET Q q 0 0 0 rg BT 122.23 327.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 165.27 327.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 187.21 327.10 Td (with ) Tj ET Q q 0 0 0 rg BT 206.93 327.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 247.77 327.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 264.15 327.10 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 308.85 327.10 Td (in ) Tj ET Q q 0 0 0 rg BT 318.57 327.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 347.71 327.10 Td (cases. ) Tj ET Q q 0 0 0 rg BT 373.11 327.10 Td (W) Tj ET Q q 0 0 0 rg BT 381.75 327.10 Td (e ) Tj ET Q q 0 0 0 rg BT 388.13 327.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 427.27 327.10 Td (enter ) Tj ET Q q 0 0 0 rg BT 449.20 327.10 Td (into ) Tj ET Q q 0 0 0 rg BT 466.70 327.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 508.08 327.10 Td (programming ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 85.36 315.10 Td (with ) Tj ET Q q 0 0 0 rg BT 107.34 315.10 Td (volume ) Tj ET Q q 0 0 0 rg BT 141.54 315.10 Td (discounts ) Tj ET Q q 0 0 0 rg BT 183.53 315.10 Td (and ) Tj ET Q q 0 0 0 rg BT 202.17 315.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 246.92 315.10 Td (support. ) Tj ET Q q 0 0 0 rg BT 283.62 315.10 Td (For ) Tj ET Q q 0 0 0 rg BT 301.72 315.10 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 350.91 315.10 Td (programming, ) Tj ET Q q 0 0 0 rg BT 412.05 315.10 Td (we ) Tj ET Q q 0 0 0 rg BT 427.91 315.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 469.32 315.10 Td (enter ) Tj ET Q q 0 0 0 rg BT 493.51 315.10 Td (into ) Tj ET Q q 0 0 0 rg BT 513.27 315.10 Td (shorter) Tj ET Q q 0 0 0 rg BT 540.84 315.10 Td (-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 97.46 303.10 Td (and ) Tj ET Q q 0 0 0 rg BT 114.32 303.10 Td (also ) Tj ET Q q 0 0 0 rg BT 132.86 303.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 149.72 303.10 Td (royalties ) Tj ET Q q 0 0 0 rg BT 186.58 303.10 Td (based ) Tj ET Q q 0 0 0 rg BT 211.78 303.10 Td (on ) Tj ET Q q 0 0 0 rg BT 224.21 303.10 Td (our ) Tj ET Q q 0 0 0 rg BT 239.96 303.10 Td (subscribers) Tj ET Q q 0 0 0 rg BT 287.54 303.10 Td ( ) Tj ET Q q 0 0 0 rg BT 289.97 303.10 Td (usage. ) Tj ET Q q 0 0 0 rg BT 317.66 303.10 Td (For ) Tj ET Q q 0 0 0 rg BT 333.98 303.10 Td (our ) Tj ET Q q 0 0 0 rg BT 349.74 303.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 398.28 303.10 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 448.74 303.10 Td (we ) Tj ET Q q 0 0 0 rg BT 462.83 303.10 Td (seek ) Tj ET Q q 0 0 0 rg BT 483.02 303.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.23 303.10 Td (include ) Tj ET Q q 0 0 0 rg BT 525.09 303.10 Td (the ) Tj ET Q q 0 0 0 rg BT 539.73 303.10 Td (rights ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.05 291.10 Td (of) Tj ET Q q 0 0 0 rg BT 68.20 291.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 82.08 291.10 Td (the ) Tj ET Q q 0 0 0 rg BT 97.07 291.10 Td (licensed ) Tj ET Q q 0 0 0 rg BT 132.61 291.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 189.82 291.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.37 291.10 Td (our ) Tj ET Q q 0 0 0 rg BT 216.48 291.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 259.80 291.10 Td (through ) Tj ET Q q 0 0 0 rg BT 293.69 291.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 329.79 291.10 Td (delivery ) Tj ET Q q 0 0 0 rg BT 365.33 291.10 Td (platforms ) Tj ET Q q 0 0 0 rg BT 406.43 291.10 Td (and ) Tj ET Q q 0 0 0 rg BT 423.65 291.10 Td (through ) Tj ET Q q 0 0 0 rg BT 457.53 291.10 Td (our ) Tj ET Q q 0 0 0 rg BT 473.64 291.10 Td (apps ) Tj ET Q q 0 0 0 rg BT 494.74 291.10 Td (for ) Tj ET Q q 0 0 0 rg BT 509.18 291.10 Td (smart ) Tj ET Q q 0 0 0 rg BT 534.17 291.10 Td (phones ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.57 279.10 Td (tablets. ) Tj ET Q q 0 0 0 rg BT 95.80 279.10 Td (In ) Tj ET Q q 0 0 0 rg BT 105.76 279.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 142.67 279.10 Td (we ) Tj ET Q q 0 0 0 rg BT 155.96 279.10 Td (own ) Tj ET Q q 0 0 0 rg BT 174.81 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 188.65 279.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 214.17 279.10 Td (Sport ) Tj ET Q q 0 0 0 rg BT 237.47 279.10 Td (Channel, ) Tj ET Q q 0 0 0 rg BT 274.92 279.10 Td (which ) Tj ET Q q 0 0 0 rg BT 300.99 279.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 337.06 279.10 Td (full ) Tj ET Q q 0 0 0 rg BT 352.58 279.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 390.29 279.10 Td (of ) Tj ET Q q 0 0 0 rg BT 400.25 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.10 279.10 Td (Premier ) Tj ET Q q 0 0 0 rg BT 447.38 279.10 Td (League, ) Tj ET Q q 0 0 0 rg BT 480.94 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 494.78 279.10 Td (Primera ) Tj ET Q q 0 0 0 rg BT 528.07 279.10 Td (Division ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (La ) Tj ET Q q 0 0 0 rg BT 65.88 267.10 Td (Liga, ) Tj ET Q q 0 0 0 rg BT 92.53 267.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 128.92 267.10 Td (One ) Tj ET Q q 0 0 0 rg BT 148.08 267.10 Td (and ) Tj ET Q q 0 0 0 rg BT 165.02 267.10 Td (other ) Tj ET Q q 0 0 0 rg BT 188.06 267.10 Td (leading ) Tj ET Q q 0 0 0 rg BT 220.00 267.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 246.39 267.10 Td (events ) Tj ET Q q 0 0 0 rg BT 274.44 267.10 Td (to ) Tj ET Q q 0 0 0 rg BT 284.71 267.10 Td (our ) Tj ET Q q 0 0 0 rg BT 300.54 267.10 Td (video ) Tj ET Q q 0 0 0 rg BT 325.26 267.10 Td (customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 245.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 245.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.82 245.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 120.60 245.10 Td (each ) Tj ET Q q 0 0 0 rg BT 141.15 245.10 Td (type ) Tj ET Q q 0 0 0 rg BT 160.61 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 171.18 245.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 210.08 245.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 247.87 245.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 292.32 245.10 Td (from ) Tj ET Q q 0 0 0 rg BT 314.00 245.10 Td (a ) Tj ET Q q 0 0 0 rg BT 320.68 245.10 Td (number ) Tj ET Q q 0 0 0 rg BT 353.47 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.04 245.10 Td (dif) Tj ET Q q 0 0 0 rg BT 374.97 245.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 400.52 245.10 Td (suppliers. ) Tj ET Q q 0 0 0 rg BT 441.37 245.10 Td (Customer ) Tj ET Q q 0 0 0 rg BT 482.50 245.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 520.29 245.10 Td (equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 84.79 233.10 Td (set-top ) Tj ET Q q 0 0 0 rg BT 113.97 233.10 Td (boxes, ) Tj ET Q q 0 0 0 rg BT 141.62 233.10 Td (W) Tj ET Q q 0 0 0 rg BT 150.66 233.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 163.74 233.10 Td (routers, ) Tj ET Q q 0 0 0 rg BT 195.97 233.10 Td (DVRs, ) Tj ET Q q 0 0 0 rg BT 225.44 233.10 Td (tuners, ) Tj ET Q q 0 0 0 rg BT 254.34 233.10 Td (modems ) Tj ET Q q 0 0 0 rg BT 290.19 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 306.59 233.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 336.33 233.10 Td (devices. ) Tj ET Q q 0 0 0 rg BT 370.77 233.10 Td (For ) Tj ET Q q 0 0 0 rg BT 386.63 233.10 Td (each ) Tj ET Q q 0 0 0 rg BT 406.91 233.10 Td (type ) Tj ET Q q 0 0 0 rg BT 426.09 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 436.38 233.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 483.05 233.10 Td (we ) Tj ET Q q 0 0 0 rg BT 496.68 233.10 Td (retain ) Tj ET Q q 0 0 0 rg BT 521.40 233.10 Td (specialists ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.75 221.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 92.78 221.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 131.91 221.10 Td (support. ) Tj ET Q q 0 0 0 rg BT 166.88 221.10 Td (Similarly) Tj ET Q q 0 0 0 rg BT 203.46 221.10 Td (, ) Tj ET Q q 0 0 0 rg BT 208.43 221.10 Td (we ) Tj ET Q q 0 0 0 rg BT 222.57 221.10 Td (use ) Tj ET Q q 0 0 0 rg BT 238.37 221.10 Td (a ) Tj ET Q q 0 0 0 rg BT 245.29 221.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 275.53 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 286.33 221.10 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 324.92 221.10 Td (for ) Tj ET Q q 0 0 0 rg BT 339.05 221.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 369.30 221.10 Td (handsets ) Tj ET Q q 0 0 0 rg BT 406.21 221.10 Td (to ) Tj ET Q q 0 0 0 rg BT 416.47 221.10 Td (of) Tj ET Q q 0 0 0 rg BT 424.62 221.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 438.19 221.10 Td (to ) Tj ET Q q 0 0 0 rg BT 448.45 221.10 Td (our ) Tj ET Q q 0 0 0 rg BT 464.25 221.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 507.27 221.10 Td (taking ) Tj ET Q q 0 0 0 rg BT 534.74 221.10 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 187.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 187.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.86 187.10 Td (license ) Tj ET Q q 0 0 0 rg BT 112.90 187.10 Td (software ) Tj ET Q q 0 0 0 rg BT 149.61 187.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 188.82 187.10 Td (including ) Tj ET Q q 0 0 0 rg BT 228.88 187.10 Td (email ) Tj ET Q q 0 0 0 rg BT 253.37 187.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.09 187.10 Td (security ) Tj ET Q q 0 0 0 rg BT 304.02 187.10 Td (software, ) Tj ET Q q 0 0 0 rg BT 343.23 187.10 Td (and ) Tj ET Q q 0 0 0 rg BT 359.95 187.10 Td (content, ) Tj ET Q q 0 0 0 rg BT 394.16 187.10 Td (such ) Tj ET Q q 0 0 0 rg BT 414.77 187.10 Td (as ) Tj ET Q q 0 0 0 rg BT 425.38 187.10 Td (news ) Tj ET Q q 0 0 0 rg BT 448.21 187.10 Td (feeds, ) Tj ET Q q 0 0 0 rg BT 474.09 187.10 Td (from ) Tj ET Q q 0 0 0 rg BT 495.80 187.10 Td (several ) Tj ET Q q 0 0 0 rg BT 526.40 187.10 Td (suppliers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.32 175.10 Td (our ) Tj ET Q q 0 0 0 rg BT 78.81 175.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 111.51 175.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 148.23 175.10 Td (The ) Tj ET Q q 0 0 0 rg BT 165.93 175.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 213.63 175.10 Td (for ) Tj ET Q q 0 0 0 rg BT 227.45 175.10 Td (these ) Tj ET Q q 0 0 0 rg BT 250.15 175.10 Td (products ) Tj ET Q q 0 0 0 rg BT 286.75 175.10 Td (require ) Tj ET Q q 0 0 0 rg BT 317.23 175.10 Td (us ) Tj ET Q q 0 0 0 rg BT 328.28 175.10 Td (to ) Tj ET Q q 0 0 0 rg BT 338.22 175.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 354.82 175.10 Td (a ) Tj ET Q q 0 0 0 rg BT 361.42 175.10 Td (per ) Tj ET Q q 0 0 0 rg BT 376.35 175.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 419.61 175.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 433.98 175.10 Td (for ) Tj ET Q q 0 0 0 rg BT 447.80 175.10 Td (software ) Tj ET Q q 0 0 0 rg BT 484.39 175.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 518.20 175.10 Td (and ) Tj ET Q q 0 0 0 rg BT 534.80 175.10 Td (a ) Tj ET Q q 0 0 0 rg BT 541.40 175.10 Td (share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.40 163.10 Td (advertising ) Tj ET Q q 0 0 0 rg BT 107.41 163.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 141.63 163.10 Td (for ) Tj ET Q q 0 0 0 rg BT 155.86 163.10 Td (content ) Tj ET Q q 0 0 0 rg BT 187.86 163.10 Td (licenses. ) Tj ET Q q 0 0 0 rg BT 224.59 163.10 Td (For ) Tj ET Q q 0 0 0 rg BT 241.06 163.10 Td (our ) Tj ET Q q 0 0 0 rg BT 256.96 163.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 287.30 163.10 Td (network ) Tj ET Q q 0 0 0 rg BT 322.64 163.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 366.87 163.10 Td (and ) Tj ET Q q 0 0 0 rg BT 383.88 163.10 Td (our ) Tj ET Q q 0 0 0 rg BT 399.79 163.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 441.23 163.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 483.24 163.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 520.51 163.10 Td (we ) Tj ET Q q 0 0 0 rg BT 534.75 163.10 Td (license ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (software ) Tj ET Q q 0 0 0 rg BT 86.89 151.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 126.79 151.10 Td (such ) Tj ET Q q 0 0 0 rg BT 148.09 151.10 Td (as ) Tj ET Q q 0 0 0 rg BT 159.38 151.10 Td (voicemail, ) Tj ET Q q 0 0 0 rg BT 204.28 151.10 Td (text ) Tj ET Q q 0 0 0 rg BT 222.23 151.10 Td (messaging, ) Tj ET Q q 0 0 0 rg BT 269.92 151.10 Td (and ) Tj ET Q q 0 0 0 rg BT 287.32 151.10 Td (caller ) Tj ET Q q 0 0 0 rg BT 312.48 151.10 Td (ID, ) Tj ET Q q 0 0 0 rg BT 328.50 151.10 Td (from ) Tj ET Q q 0 0 0 rg BT 350.90 151.10 Td (a ) Tj ET Q q 0 0 0 rg BT 358.30 151.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 389.03 151.10 Td (of ) Tj ET Q q 0 0 0 rg BT 400.33 151.10 Td (suppliers. ) Tj ET Q q 0 0 0 rg BT 441.90 151.10 Td (For ) Tj ET Q q 0 0 0 rg BT 458.75 151.10 Td (these ) Tj ET Q q 0 0 0 rg BT 482.26 151.10 Td (licenses, ) Tj ET Q q 0 0 0 rg BT 519.38 151.10 Td (we ) Tj ET Q q 0 0 0 rg BT 534.01 151.10 Td (seek ) Tj ET Q q 0 0 0 rg BT 554.74 151.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (enter ) Tj ET Q q 0 0 0 rg BT 71.99 139.10 Td (into ) Tj ET Q q 0 0 0 rg BT 90.04 139.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 131.98 139.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 173.07 139.10 Td (which ) Tj ET Q q 0 0 0 rg BT 200.01 139.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 239.71 139.10 Td (require ) Tj ET Q q 0 0 0 rg BT 270.53 139.10 Td (us ) Tj ET Q q 0 0 0 rg BT 281.92 139.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.20 139.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 309.13 139.10 Td (based ) Tj ET Q q 0 0 0 rg BT 334.40 139.10 Td (on ) Tj ET Q q 0 0 0 rg BT 346.90 139.10 Td (usage ) Tj ET Q q 0 0 0 rg BT 372.17 139.10 Td (of ) Tj ET Q q 0 0 0 rg BT 383.00 139.10 Td (the ) Tj ET Q q 0 0 0 rg BT 397.72 139.10 Td (services. ) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 117.10 Td (Competition) 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 95.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.93 95.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 137.14 95.10 Td (market ) Tj ET Q q 0 0 0 rg BT 167.79 95.10 Td (for ) Tj ET Q q 0 0 0 rg BT 182.33 95.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 209.94 95.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 255.03 95.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 290.96 95.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 332.72 95.10 Td (telephony) Tj ET Q q 0 0 0 rg BT 371.51 95.10 Td (, ) Tj ET Q q 0 0 0 rg BT 376.89 95.10 Td (and ) Tj ET Q q 0 0 0 rg BT 394.22 95.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 424.88 95.10 Td (services ) Tj ET Q q 0 0 0 rg BT 459.97 95.10 Td (is ) Tj ET Q q 0 0 0 rg BT 469.53 95.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 497.97 95.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 548.07 95.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 80.84 83.10 Td (evolving. ) Tj ET Q q 0 0 0 rg BT 121.14 83.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.55 83.10 Td (echnological ) Tj ET Q q 0 0 0 rg BT 180.65 83.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 220.31 83.10 Td (and ) Tj ET Q q 0 0 0 rg BT 237.77 83.10 Td (product ) Tj ET Q q 0 0 0 rg BT 271.33 83.10 Td (innovations ) Tj ET Q q 0 0 0 rg BT 321.01 83.10 Td (have ) Tj ET Q q 0 0 0 rg BT 342.91 83.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 383.68 83.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.13 83.10 Td (are ) Tj ET Q q 0 0 0 rg BT 416.36 83.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 442.15 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 452.94 83.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 490.39 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 501.19 83.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 536.96 83.10 Td (giving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 93.59 71.10 Td (several ) Tj ET Q q 0 0 0 rg BT 125.46 71.10 Td (options ) Tj ET Q q 0 0 0 rg BT 158.45 71.10 Td (for ) Tj ET Q q 0 0 0 rg BT 173.66 71.10 Td (the ) Tj ET Q q 0 0 0 rg BT 189.42 71.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 230.74 71.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.62 71.10 Td (their ) Tj ET Q q 0 0 0 rg BT 264.49 71.10 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 348.57 71.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 386.82 71.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 405.92 71.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 450.02 71.10 Td (want ) Tj ET Q q 0 0 0 rg BT 473.00 71.10 Td (access ) Tj ET Q q 0 0 0 rg BT 502.08 71.10 Td (to ) Tj ET Q q 0 0 0 rg BT 513.41 71.10 Td (high ) Tj ET Q q 0 0 0 rg BT 534.73 71.10 Td (quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (telecommunication ) Tj ET Q q 0 0 0 rg BT 129.70 59.10 Td (services ) Tj ET Q q 0 0 0 rg BT 165.46 59.10 Td (that ) Tj ET Q q 0 0 0 rg BT 184.01 59.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 209.78 59.10 Td (for ) Tj ET Q q 0 0 0 rg BT 225.00 59.10 Td (seamless ) Tj ET Q q 0 0 0 rg BT 264.10 59.10 Td (connectivity) Tj ET Q q 0 0 0 rg BT 312.88 59.10 Td (. ) Tj ET Q q 0 0 0 rg BT 318.15 59.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 367.49 59.10 Td (, ) Tj ET Q q 0 0 0 rg BT 373.55 59.10 Td (our ) Tj ET Q q 0 0 0 rg BT 390.43 59.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 419.54 59.10 Td (to ) Tj ET Q q 0 0 0 rg BT 430.87 59.10 Td (of) Tj ET Q q 0 0 0 rg BT 439.02 59.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 453.68 59.10 Td (conver) Tj ET Q q 0 0 0 rg BT 480.71 59.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 498.70 59.10 Td (services ) Tj ET Q q 0 0 0 rg BT 534.46 59.10 Td (\(video, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 84.92 47.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 107.85 47.10 Td (telephone, ) Tj ET Q q 0 0 0 rg BT 151.60 47.10 Td (and ) Tj ET Q q 0 0 0 rg BT 168.42 47.10 Td (mobile\) ) Tj ET Q q 0 0 0 rg BT 201.90 47.10 Td (is ) Tj ET Q q 0 0 0 rg BT 210.96 47.10 Td (a ) Tj ET Q q 0 0 0 rg BT 217.77 47.10 Td (key ) Tj ET Q q 0 0 0 rg BT 234.59 47.10 Td (component ) Tj ET Q q 0 0 0 rg BT 281.41 47.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.12 47.10 Td (our ) Tj ET Q q 0 0 0 rg BT 307.83 47.10 Td (strategy) Tj ET Q q 0 0 0 rg BT 338.83 47.10 Td (. ) Tj ET Q q 0 0 0 rg BT 343.54 47.10 Td (W) Tj ET Q q 0 0 0 rg BT 352.18 47.10 Td (e ) Tj ET Q q 0 0 0 rg BT 359.00 47.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 395.25 47.10 Td (with ) Tj ET Q q 0 0 0 rg BT 415.41 47.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 460.55 47.10 Td (that ) Tj ET Q q 0 0 0 rg BT 477.93 47.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 510.86 47.10 Td (fixed-mobile ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (conver) Tj ET Q q 0 0 0 rg BT 76.53 713.10 Td (gence ) Tj ET Q q 0 0 0 rg BT 101.43 713.10 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 136.63 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 146.55 713.10 Td (well ) Tj ET Q q 0 0 0 rg BT 165.36 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 175.28 713.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 219.64 713.10 Td (that ) Tj ET Q q 0 0 0 rg BT 236.22 713.10 Td (are ) Tj ET Q q 0 0 0 rg BT 250.02 713.10 Td (established ) Tj ET Q q 0 0 0 rg BT 296.04 713.10 Td (in ) Tj ET Q q 0 0 0 rg BT 305.41 713.10 Td (one ) Tj ET Q q 0 0 0 rg BT 321.44 713.10 Td (or ) Tj ET Q q 0 0 0 rg BT 331.36 713.10 Td (more ) Tj ET Q q 0 0 0 rg BT 353.50 713.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 417.30 713.10 Td (products ) Tj ET Q q 0 0 0 rg BT 453.33 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 469.36 713.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 505.66 713.10 Td (Consequently) Tj ET Q q 0 0 0 rg BT 560.00 713.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 701.10 Td (business ) Tj ET Q q 0 0 0 rg BT 101.72 701.10 Td (faces ) Tj ET Q q 0 0 0 rg BT 124.76 701.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 169.47 701.10 Td (competition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 679.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.32 679.10 Td (all ) Tj ET Q q 0 0 0 rg BT 95.24 679.10 Td (our ) Tj ET Q q 0 0 0 rg BT 110.50 679.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 147.13 679.10 Td (we ) Tj ET Q q 0 0 0 rg BT 160.72 679.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 196.52 679.10 Td (with ) Tj ET Q q 0 0 0 rg BT 216.23 679.10 Td (the ) Tj ET Q q 0 0 0 rg BT 230.37 679.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 270.08 679.10 Td (of ) Tj ET Q q 0 0 0 rg BT 280.34 679.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 310.04 679.10 Td (services ) Tj ET Q q 0 0 0 rg BT 344.17 679.10 Td (from ) Tj ET Q q 0 0 0 rg BT 365.54 679.10 Td (operator ) Tj ET Q q 0 0 0 rg BT 400.78 679.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 422.71 679.10 Td (N.V) Tj ET Q q 0 0 0 rg BT 438.37 679.10 Td (. ) Tj ET Q q 0 0 0 rg BT 442.80 679.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.13 679.10 Td (KPN) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.24 679.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 474.85 679.10 Td (T) Tj ET Q q 0 0 0 rg BT 480.04 679.10 Td (-Mobile ) Tj ET Q q 0 0 0 rg BT 514.19 679.10 Td (Netherlands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.10 Td (B.V) Tj ET Q q 0 0 0 rg BT 64.60 667.10 Td (. ) Tj ET Q q 0 0 0 rg BT 69.87 667.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.20 667.10 Td (T) Tj ET Q q 0 0 0 rg BT 78.95 667.10 Td (-Mobile) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.27 667.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 120.67 667.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.08 667.10 Td (ele2 ) Tj ET Q q 0 0 0 rg BT 145.49 667.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 196.57 667.10 Td (Holding ) Tj ET Q q 0 0 0 rg BT 232.11 667.10 Td (B.V) Tj ET Q q 0 0 0 rg BT 247.22 667.10 Td (. ) Tj ET Q q 0 0 0 rg BT 252.48 667.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.81 667.10 Td (T) Tj ET Q q 0 0 0 rg BT 261.56 667.10 Td (ele2, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.48 667.10 Td (as ) Tj ET Q q 0 0 0 rg BT 294.57 667.10 Td (of ) Tj ET Q q 0 0 0 rg BT 305.66 667.10 Td (January ) Tj ET Q q 0 0 0 rg BT 339.52 667.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 362.29 667.10 Td (mer) Tj ET Q q 0 0 0 rg BT 377.65 667.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 394.85 667.10 Td (with ) Tj ET Q q 0 0 0 rg BT 415.20 667.10 Td (T) Tj ET Q q 0 0 0 rg BT 420.39 667.10 Td (-Mobile) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.60 667.10 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.93 667.10 Td (, ) Tj ET Q q 0 0 0 rg BT 461.20 667.10 Td (and ) Tj ET Q q 0 0 0 rg BT 478.40 667.10 Td (smaller ) Tj ET Q q 0 0 0 rg BT 510.59 667.10 Td (parties. ) Tj ET Q q 0 0 0 rg BT 542.51 667.10 Td (KPN ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.99 655.10 Td (other ) Tj ET Q q 0 0 0 rg BT 90.60 655.10 Td (competitors ) Tj ET Q q 0 0 0 rg BT 140.86 655.10 Td (using ) Tj ET Q q 0 0 0 rg BT 165.59 655.10 Td (KPN) Tj ET Q q 0 0 0 rg BT 188.37 655.10 Td (s ) Tj ET Q q 0 0 0 rg BT 195.32 655.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 218.92 655.10 Td (network ) Tj ET Q q 0 0 0 rg BT 254.75 655.10 Td (of) Tj ET Q q 0 0 0 rg BT 262.90 655.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 277.05 655.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 289.54 655.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 323.14 655.10 Td (protocol ) Tj ET Q q 0 0 0 rg BT 359.52 655.10 Td (television ) Tj ET Q q 0 0 0 rg BT 401.46 655.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.79 655.10 Td (IPTV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.68 655.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 435.07 655.10 Td (over ) Tj ET Q q 0 0 0 rg BT 455.89 655.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 477.83 655.10 Td (optic ) Tj ET Q q 0 0 0 rg BT 500.88 655.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 522.82 655.10 Td (where ) Tj ET Q q 0 0 0 rg BT 550.30 655.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 70.73 643.10 Td (is ) Tj ET Q q 0 0 0 rg BT 79.76 643.10 Td (to ) Tj ET Q q 0 0 0 rg BT 89.89 643.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.46 643.10 Td (home, ) Tj ET Q q 0 0 0 rg BT 131.53 643.10 Td (cabinet, ) Tj ET Q q 0 0 0 rg BT 165.26 643.10 Td (or ) Tj ET Q q 0 0 0 rg BT 175.95 643.10 Td (building ) Tj ET Q q 0 0 0 rg BT 211.64 643.10 Td (or ) Tj ET Q q 0 0 0 rg BT 222.32 643.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.45 643.10 Td (the ) Tj ET Q q 0 0 0 rg BT 247.03 643.10 Td (node ) Tj ET Q q 0 0 0 rg BT 268.82 643.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 307.83 643.10 Td (\(fiber) Tj ET Q q 0 0 0 rg BT 329.84 643.10 Td (-to-the-home/-cabinet/-building/-node ) Tj ET Q q 0 0 0 rg BT 484.37 643.10 Td (is ) Tj ET Q q 0 0 0 rg BT 493.39 643.10 Td (referred ) Tj ET Q q 0 0 0 rg BT 527.38 643.10 Td (to ) Tj ET Q q 0 0 0 rg BT 537.52 643.10 Td (herein ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.10 Td (as ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.24 631.10 Td (FTTx) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.69 631.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 90.43 631.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 129.50 631.10 Td (and ) Tj ET Q q 0 0 0 rg BT 146.35 631.10 Td (through ) Tj ET Q q 0 0 0 rg BT 179.86 631.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 224.48 631.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 257.43 631.10 Td (connections ) Tj ET Q q 0 0 0 rg BT 307.61 631.10 Td (using ) Tj ET Q q 0 0 0 rg BT 331.69 631.10 Td (DSL) Tj ET Q q 0 0 0 rg BT 350.21 631.10 Td ( ) Tj ET Q q 0 0 0 rg BT 352.62 631.10 Td (or ) Tj ET Q q 0 0 0 rg BT 363.35 631.10 Td (very ) Tj ET Q q 0 0 0 rg BT 383.53 631.10 Td (high-speed ) Tj ET Q q 0 0 0 rg BT 429.82 631.10 Td (DSL) Tj ET Q q 0 0 0 rg BT 448.34 631.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.75 631.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 497.59 631.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.92 631.10 Td (VDSL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.60 631.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 535.84 631.10 Td (KPN) Tj ET Q q 0 0 0 rg BT 558.62 631.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.10 Td (network ) Tj ET Q q 0 0 0 rg BT 84.80 619.10 Td (also ) Tj ET Q q 0 0 0 rg BT 103.43 619.10 Td (of) Tj ET Q q 0 0 0 rg BT 111.58 619.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 129.10 619.10 Td (several ) Tj ET Q q 0 0 0 rg BT 159.95 619.10 Td (enhancements ) Tj ET Q q 0 0 0 rg BT 219.11 619.10 Td (to ) Tj ET Q q 0 0 0 rg BT 229.24 619.10 Td (VDSL, ) Tj ET Q q 0 0 0 rg BT 260.38 619.10 Td (such ) Tj ET Q q 0 0 0 rg BT 281.24 619.10 Td (as ) Tj ET Q q 0 0 0 rg BT 292.10 619.10 Td (vectoring ) Tj ET Q q 0 0 0 rg BT 341.27 619.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.23 619.10 Td (pair ) Tj ET Q q 0 0 0 rg BT 380.75 619.10 Td (bonding, ) Tj ET Q q 0 0 0 rg BT 422.99 619.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.96 619.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 454.70 619.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 482.78 619.10 Td (terrestrial ) Tj ET Q q 0 0 0 rg BT 523.62 619.10 Td (television ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 607.10 Td (DTT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.39 607.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 81.21 607.10 Td (Where ) Tj ET Q q 0 0 0 rg BT 110.00 607.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 132.14 607.10 Td (has ) Tj ET Q q 0 0 0 rg BT 147.62 607.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 187.51 607.10 Td (its ) Tj ET Q q 0 0 0 rg BT 198.95 607.10 Td (VDSL) Tj ET Q q 0 0 0 rg BT 224.69 607.10 Td ( ) Tj ET Q q 0 0 0 rg BT 226.83 607.10 Td (system, ) Tj ET Q q 0 0 0 rg BT 259.25 607.10 Td (it ) Tj ET Q q 0 0 0 rg BT 266.95 607.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 295.21 607.10 Td (for ) Tj ET Q q 0 0 0 rg BT 309.01 607.10 Td (of) Tj ET Q q 0 0 0 rg BT 317.16 607.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 334.29 607.10 Td (of ) Tj ET Q q 0 0 0 rg BT 344.76 607.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 389.11 607.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 421.80 607.10 Td (with ) Tj ET Q q 0 0 0 rg BT 441.72 607.10 Td (download ) Tj ET Q q 0 0 0 rg BT 483.30 607.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 512.10 607.10 Td (of ) Tj ET Q q 0 0 0 rg BT 522.57 607.10 Td (100 ) Tj ET Q q 0 0 0 rg BT 539.72 607.10 Td (Mbps ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 595.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.17 595.10 Td (on ) Tj ET Q q 0 0 0 rg BT 78.39 595.10 Td (its ) Tj ET Q q 0 0 0 rg BT 90.07 595.10 Td (FTTx ) Tj ET Q q 0 0 0 rg BT 115.07 595.10 Td (networks, ) Tj ET Q q 0 0 0 rg BT 156.46 595.10 Td (it ) Tj ET Q q 0 0 0 rg BT 164.24 595.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 192.58 595.10 Td (for ) Tj ET Q q 0 0 0 rg BT 206.46 595.10 Td (download ) Tj ET Q q 0 0 0 rg BT 248.13 595.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 277.01 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.57 595.10 Td (up ) Tj ET Q q 0 0 0 rg BT 299.80 595.10 Td (to ) Tj ET Q q 0 0 0 rg BT 309.80 595.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 317.03 595.10 Td (Gbps. ) Tj ET Q q 0 0 0 rg BT 342.71 595.10 Td (The ) Tj ET Q q 0 0 0 rg BT 360.48 595.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 388.26 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 398.82 595.10 Td (competitors ) Tj ET Q q 0 0 0 rg BT 448.25 595.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.26 595.10 Td (of) Tj ET Q q 0 0 0 rg BT 466.41 595.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 479.73 595.10 Td (a ) Tj ET Q q 0 0 0 rg BT 486.40 595.10 Td (bundled ) Tj ET Q q 0 0 0 rg BT 520.84 595.10 Td (triple-play ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.22 583.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 85.33 583.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 128.93 583.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 160.87 583.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.70 583.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 217.53 583.10 Td (services ) Tj ET Q q 0 0 0 rg BT 251.13 583.10 Td (and ) Tj ET Q q 0 0 0 rg BT 266.96 583.10 Td (fixed-mobile ) Tj ET Q q 0 0 0 rg BT 320.00 583.10 Td (conver) Tj ET Q q 0 0 0 rg BT 347.03 583.10 Td (gence ) Tj ET Q q 0 0 0 rg BT 371.74 583.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 407.84 583.10 Td (creates ) Tj ET Q q 0 0 0 rg BT 436.98 583.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 480.59 583.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 529.19 583.10 Td (pressure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.19 571.10 Td (our ) Tj ET Q q 0 0 0 rg BT 78.21 571.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 125.05 571.10 Td (including ) Tj ET Q q 0 0 0 rg BT 165.52 571.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.42 571.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 211.44 571.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.57 571.10 Td (bundling ) Tj ET Q q 0 0 0 rg BT 266.81 571.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.83 571.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.85 571.10 Td (video ) Tj ET Q q 0 0 0 rg BT 318.76 571.10 Td (products. ) Tj ET Q q 0 0 0 rg BT 358.19 571.10 Td (The ) Tj ET Q q 0 0 0 rg BT 376.43 571.10 Td (video ) Tj ET Q q 0 0 0 rg BT 401.33 571.10 Td (services ) Tj ET Q q 0 0 0 rg BT 436.23 571.10 Td (of ) Tj ET Q q 0 0 0 rg BT 447.25 571.10 Td (competitors ) Tj ET Q q 0 0 0 rg BT 497.15 571.10 Td (include ) Tj ET Q q 0 0 0 rg BT 529.27 571.10 Td (many ) Tj ET Q q 0 0 0 rg BT 554.18 571.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.03 559.10 Td (interactive ) Tj ET Q q 0 0 0 rg BT 108.55 559.10 Td (features ) Tj ET Q q 0 0 0 rg BT 142.51 559.10 Td (we ) Tj ET Q q 0 0 0 rg BT 156.48 559.10 Td (of) Tj ET Q q 0 0 0 rg BT 164.63 559.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 178.05 559.10 Td (our ) Tj ET Q q 0 0 0 rg BT 193.69 559.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 241.00 559.10 Td (\(e.g. ) Tj ET Q q 0 0 0 rg BT 261.08 559.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 283.40 559.10 Td (introduced ) Tj ET Q q 0 0 0 rg BT 328.48 559.10 Td (a ) Tj ET Q q 0 0 0 rg BT 335.24 559.10 Td (new ) Tj ET Q q 0 0 0 rg BT 354.21 559.10 Td (set-top ) Tj ET Q q 0 0 0 rg BT 383.75 559.10 Td (box ) Tj ET Q q 0 0 0 rg BT 401.06 559.10 Td (that ) Tj ET Q q 0 0 0 rg BT 418.37 559.10 Td (is ) Tj ET Q q 0 0 0 rg BT 427.36 559.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 460.21 559.10 Td (of ) Tj ET Q q 0 0 0 rg BT 470.85 559.10 Td (4K ) Tj ET Q q 0 0 0 rg BT 485.22 559.10 Td (TV) Tj ET Q q 0 0 0 rg BT 498.37 559.10 Td ( ) Tj ET Q q 0 0 0 rg BT 500.69 559.10 Td (that ) Tj ET Q q 0 0 0 rg BT 518.00 559.10 Td (is ) Tj ET Q q 0 0 0 rg BT 526.99 559.10 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.01 547.10 Td (enhance ) Tj ET Q q 0 0 0 rg BT 95.50 547.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.45 547.10 Td (video ) Tj ET Q q 0 0 0 rg BT 135.40 547.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 181.43 547.10 Td (for ) Tj ET Q q 0 0 0 rg BT 195.83 547.10 Td (its ) Tj ET Q q 0 0 0 rg BT 208.01 547.10 Td (customers\). ) Tj ET Q q 0 0 0 rg BT 257.12 547.10 Td (In ) Tj ET Q q 0 0 0 rg BT 268.18 547.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 306.19 547.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 328.93 547.10 Td (has ) Tj ET Q q 0 0 0 rg BT 344.99 547.10 Td (its ) Tj ET Q q 0 0 0 rg BT 357.17 547.10 Td (own ) Tj ET Q q 0 0 0 rg BT 377.13 547.10 Td (over) Tj ET Q q 0 0 0 rg BT 394.70 547.10 Td (-the-top ) Tj ET Q q 0 0 0 rg BT 429.08 547.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.42 547.10 Td (OTT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.53 547.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 459.60 547.10 Td (video ) Tj ET Q q 0 0 0 rg BT 484.55 547.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 518.10 547.10 Td (Portions ) Tj ET Q q 0 0 0 rg BT 554.17 547.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.52 535.10 Td (network ) Tj ET Q q 0 0 0 rg BT 100.98 535.10 Td (have ) Tj ET Q q 0 0 0 rg BT 122.54 535.10 Td (been ) Tj ET Q q 0 0 0 rg BT 144.11 535.10 Td (overbuilt ) Tj ET Q q 0 0 0 rg BT 182.90 535.10 Td (by ) Tj ET Q q 0 0 0 rg BT 195.59 535.10 Td (KPN) Tj ET Q q 0 0 0 rg BT 218.38 535.10 Td (s ) Tj ET Q q 0 0 0 rg BT 224.96 535.10 Td (and ) Tj ET Q q 0 0 0 rg BT 242.08 535.10 Td (other ) Tj ET Q q 0 0 0 rg BT 265.32 535.10 Td (providers) Tj ET Q q 0 0 0 rg BT 305.68 535.10 Td ( ) Tj ET Q q 0 0 0 rg BT 308.37 535.10 Td (FTTx ) Tj ET Q q 0 0 0 rg BT 333.83 535.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 373.18 535.10 Td (and ) Tj ET Q q 0 0 0 rg BT 390.31 535.10 Td (expansion ) Tj ET Q q 0 0 0 rg BT 433.55 535.10 Td (of ) Tj ET Q q 0 0 0 rg BT 444.57 535.10 Td (these ) Tj ET Q q 0 0 0 rg BT 467.80 535.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 507.15 535.10 Td (is ) Tj ET Q q 0 0 0 rg BT 516.51 535.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 554.74 535.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.10 Td (continue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 501.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 501.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.62 501.10 Td (also ) Tj ET Q q 0 0 0 rg BT 100.76 501.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 146.11 501.10 Td (competition ) Tj ET Q q 0 0 0 rg BT 195.91 501.10 Td (from ) Tj ET Q q 0 0 0 rg BT 217.39 501.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 228.87 501.10 Td (direct-to-home ) Tj ET Q q 0 0 0 rg BT 290.33 501.10 Td (satellite ) Tj ET Q q 0 0 0 rg BT 323.47 501.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.80 501.10 Td (DTH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.47 501.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 353.84 501.10 Td (service ) Tj ET Q q 0 0 0 rg BT 384.19 501.10 Td (providers, ) Tj ET Q q 0 0 0 rg BT 426.50 501.10 Td (such ) Tj ET Q q 0 0 0 rg BT 446.87 501.10 Td (as ) Tj ET Q q 0 0 0 rg BT 457.24 501.10 Td (Canal ) Tj ET Q q 0 0 0 rg BT 482.61 501.10 Td (Digital, ) Tj ET Q q 0 0 0 rg BT 514.92 501.10 Td (a ) Tj ET Q q 0 0 0 rg BT 521.40 501.10 Td (subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.21 489.10 Td (M7 ) Tj ET Q q 0 0 0 rg BT 76.48 489.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 104.41 489.10 Td (S.A., ) Tj ET Q q 0 0 0 rg BT 127.07 489.10 Td (\(ii\)OTT) Tj ET Q q 0 0 0 rg BT 161.05 489.10 Td ( ) Tj ET Q q 0 0 0 rg BT 163.43 489.10 Td (video ) Tj ET Q q 0 0 0 rg BT 188.02 489.10 Td (content ) Tj ET Q q 0 0 0 rg BT 219.84 489.10 Td (aggregators ) Tj ET Q q 0 0 0 rg BT 268.86 489.10 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 304.57 489.10 Td (our ) Tj ET Q q 0 0 0 rg BT 320.28 489.10 Td (or ) Tj ET Q q 0 0 0 rg BT 330.99 489.10 Td (our ) Tj ET Q q 0 0 0 rg BT 346.70 489.10 Td (competitors) Tj ET Q q 0 0 0 rg BT 396.50 489.10 Td ( ) Tj ET Q q 0 0 0 rg BT 398.88 489.10 Td (high-speed ) Tj ET Q q 0 0 0 rg BT 445.14 489.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 478.06 489.10 Td (connections, ) Tj ET Q q 0 0 0 rg BT 530.70 489.10 Td (and ) Tj ET Q q 0 0 0 rg BT 547.52 489.10 Td (\(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.10 Td (movie ) Tj ET Q q 0 0 0 rg BT 77.69 477.10 Td (theaters, ) Tj ET Q q 0 0 0 rg BT 114.49 477.10 Td (video ) Tj ET Q q 0 0 0 rg BT 139.90 477.10 Td (stores, ) Tj ET Q q 0 0 0 rg BT 168.93 477.10 Td (video ) Tj ET Q q 0 0 0 rg BT 194.35 477.10 Td (websites ) Tj ET Q q 0 0 0 rg BT 231.99 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 249.63 477.10 Td (home ) Tj ET Q q 0 0 0 rg BT 275.04 477.10 Td (video ) Tj ET Q q 0 0 0 rg BT 300.46 477.10 Td (products. ) Tj ET Q q 0 0 0 rg BT 340.60 477.10 Td (In ) Tj ET Q q 0 0 0 rg BT 352.13 477.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 390.60 477.10 Td (we ) Tj ET Q q 0 0 0 rg BT 405.46 477.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 442.53 477.10 Td (to ) Tj ET Q q 0 0 0 rg BT 453.51 477.10 Td (varying ) Tj ET Q q 0 0 0 rg BT 487.26 477.10 Td (degrees ) Tj ET Q q 0 0 0 rg BT 520.99 477.10 Td (with ) Tj ET Q q 0 0 0 rg BT 541.97 477.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 465.10 Td (sources ) Tj ET Q q 0 0 0 rg BT 80.93 465.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.69 465.10 Td (information ) Tj ET Q q 0 0 0 rg BT 139.34 465.10 Td (and ) Tj ET Q q 0 0 0 rg BT 155.22 465.10 Td (entertainment, ) Tj ET Q q 0 0 0 rg BT 214.13 465.10 Td (such ) Tj ET Q q 0 0 0 rg BT 233.90 465.10 Td (as ) Tj ET Q q 0 0 0 rg BT 243.67 465.10 Td (online ) Tj ET Q q 0 0 0 rg BT 270.10 465.10 Td (entertainment, ) Tj ET Q q 0 0 0 rg BT 329.01 465.10 Td (newspapers, ) Tj ET Q q 0 0 0 rg BT 379.60 465.10 Td (magazines, ) Tj ET Q q 0 0 0 rg BT 425.74 465.10 Td (books, ) Tj ET Q q 0 0 0 rg BT 453.57 465.10 Td (live ) Tj ET Q q 0 0 0 rg BT 470.00 465.10 Td (entertainment/ ) Tj ET Q q 0 0 0 rg BT 529.19 465.10 Td (concerts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.53 453.10 Td (sporting ) Tj ET Q q 0 0 0 rg BT 101.89 453.10 Td (events. ) Tj ET Q q 0 0 0 rg BT 132.53 453.10 Td (Free-to-air ) Tj ET Q q 0 0 0 rg BT 177.87 453.10 Td (television ) Tj ET Q q 0 0 0 rg BT 219.34 453.10 Td (is ) Tj ET Q q 0 0 0 rg BT 228.60 453.10 Td (not ) Tj ET Q q 0 0 0 rg BT 243.96 453.10 Td (a ) Tj ET Q q 0 0 0 rg BT 250.99 453.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 295.79 453.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 345.58 453.10 Td (factor ) Tj ET Q q 0 0 0 rg BT 371.49 453.10 Td (because ) Tj ET Q q 0 0 0 rg BT 405.72 453.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.53 453.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 471.43 453.10 Td (is ) Tj ET Q q 0 0 0 rg BT 480.69 453.10 Td (predominately ) Tj ET Q q 0 0 0 rg BT 541.03 453.10 Td (a ) Tj ET Q q 0 0 0 rg BT 548.06 453.10 Td (pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 441.10 Td (television ) Tj ET Q q 0 0 0 rg BT 90.88 441.10 Td (market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 419.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.66 419.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 118.62 419.10 Td (with ) Tj ET Q q 0 0 0 rg BT 138.48 419.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 168.34 419.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 207.63 419.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 229.72 419.10 Td (and ) Tj ET Q q 0 0 0 rg BT 246.09 419.10 Td (T) Tj ET Q q 0 0 0 rg BT 251.28 419.10 Td (-Mobile ) Tj ET Q q 0 0 0 rg BT 285.59 419.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 299.33 419.10 Td (of ) Tj ET Q q 0 0 0 rg BT 309.75 419.10 Td (January ) Tj ET Q q 0 0 0 rg BT 342.93 419.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 365.02 419.10 Td (mer) Tj ET Q q 0 0 0 rg BT 380.38 419.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 396.90 419.10 Td (with ) Tj ET Q q 0 0 0 rg BT 416.62 419.10 Td (T) Tj ET Q q 0 0 0 rg BT 422.03 419.10 Td (ele2\) ) Tj ET Q q 0 0 0 rg BT 444.10 419.10 Td (in ) Tj ET Q q 0 0 0 rg BT 453.96 419.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.26 419.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 498.12 419.10 Td (market, ) Tj ET Q q 0 0 0 rg BT 530.47 419.10 Td (of) Tj ET Q q 0 0 0 rg BT 538.62 419.10 Td (fering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (2, ) Tj ET Q q 0 0 0 rg BT 60.71 407.10 Td (3 ) Tj ET Q q 0 0 0 rg BT 69.41 407.10 Td (and ) Tj ET Q q 0 0 0 rg BT 87.56 407.10 Td (4G ) Tj ET Q q 0 0 0 rg BT 103.48 407.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 141.90 407.10 Td (where ) Tj ET Q q 0 0 0 rg BT 170.03 407.10 Td (pressure ) Tj ET Q q 0 0 0 rg BT 207.06 407.10 Td (on ) Tj ET Q q 0 0 0 rg BT 220.76 407.10 Td (market ) Tj ET Q q 0 0 0 rg BT 252.23 407.10 Td (price ) Tj ET Q q 0 0 0 rg BT 275.93 407.10 Td (continues, ) Tj ET Q q 0 0 0 rg BT 320.46 407.10 Td (characterized ) Tj ET Q q 0 0 0 rg BT 377.45 407.10 Td (by ) Tj ET Q q 0 0 0 rg BT 391.16 407.10 Td (aggressive ) Tj ET Q q 0 0 0 rg BT 437.07 407.10 Td (promotional ) Tj ET Q q 0 0 0 rg BT 489.66 407.10 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 538.63 407.10 Td (heavy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 92.42 395.10 Td (spend, ) Tj ET Q q 0 0 0 rg BT 120.64 395.10 Td (and ) Tj ET Q q 0 0 0 rg BT 137.46 395.10 Td (increasing ) Tj ET Q q 0 0 0 rg BT 180.94 395.10 Td (data ) Tj ET Q q 0 0 0 rg BT 199.97 395.10 Td (bundles. ) Tj ET Q q 0 0 0 rg BT 235.96 395.10 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 290.83 395.10 Td (there ) Tj ET Q q 0 0 0 rg BT 313.20 395.10 Td (is ) Tj ET Q q 0 0 0 rg BT 322.25 395.10 Td (increasing ) Tj ET Q q 0 0 0 rg BT 365.73 395.10 Td (competition ) Tj ET Q q 0 0 0 rg BT 415.88 395.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.70 395.10 Td (MVNO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.26 395.10 Td () Tj ET Q q 0 0 0 rg BT 471.04 395.10 Td (s, ) Tj ET Q q 0 0 0 rg BT 479.81 395.10 Td (some ) Tj ET Q q 0 0 0 rg BT 503.30 395.10 Td (of ) Tj ET Q q 0 0 0 rg BT 514.02 395.10 Td (which ) Tj ET Q q 0 0 0 rg BT 540.84 395.10 Td (focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (on ) Tj ET Q q 0 0 0 rg BT 61.57 383.10 Td (niche ) Tj ET Q q 0 0 0 rg BT 85.29 383.10 Td (segments ) Tj ET Q q 0 0 0 rg BT 124.57 383.10 Td (such ) Tj ET Q q 0 0 0 rg BT 144.97 383.10 Td (as ) Tj ET Q q 0 0 0 rg BT 155.37 383.10 Td (no ) Tj ET Q q 0 0 0 rg BT 167.43 383.10 Td (frills, ) Tj ET Q q 0 0 0 rg BT 190.89 383.10 Td (youth ) Tj ET Q q 0 0 0 rg BT 215.73 383.10 Td (or ) Tj ET Q q 0 0 0 rg BT 226.13 383.10 Td (ethnic ) Tj ET Q q 0 0 0 rg BT 252.63 383.10 Td (markets. ) Tj ET Q q 0 0 0 rg BT 288.70 383.10 Td (While ) Tj ET Q q 0 0 0 rg BT 315.20 383.10 Td (in ) Tj ET Q q 0 0 0 rg BT 325.05 383.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.33 383.10 Td (business ) Tj ET Q q 0 0 0 rg BT 375.29 383.10 Td (market, ) Tj ET Q q 0 0 0 rg BT 407.62 383.10 Td (we ) Tj ET Q q 0 0 0 rg BT 421.35 383.10 Td (see ) Tj ET Q q 0 0 0 rg BT 436.18 383.10 Td (growing ) Tj ET Q q 0 0 0 rg BT 471.58 383.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 510.30 383.10 Td (requirements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.69 371.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 92.64 371.10 Td (unified ) Tj ET Q q 0 0 0 rg BT 123.38 371.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 188.00 371.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 226.52 371.10 Td (with ) Tj ET Q q 0 0 0 rg BT 246.71 371.10 Td (a ) Tj ET Q q 0 0 0 rg BT 253.56 371.10 Td (focus ) Tj ET Q q 0 0 0 rg BT 277.63 371.10 Td (on ) Tj ET Q q 0 0 0 rg BT 290.04 371.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 331.32 371.10 Td (mobility) Tj ET Q q 0 0 0 rg BT 364.56 371.10 Td (, ) Tj ET Q q 0 0 0 rg BT 369.47 371.10 Td (seamless ) Tj ET Q q 0 0 0 rg BT 407.43 371.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 430.39 371.10 Td (and ) Tj ET Q q 0 0 0 rg BT 447.23 371.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 477.42 371.10 Td (transition, ) Tj ET Q q 0 0 0 rg BT 520.10 371.10 Td (and ) Tj ET Q q 0 0 0 rg BT 536.95 371.10 Td (digital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (workspace. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 337.10 Td (Connectivity ) Tj ET Q q 0 0 0 rg BT 121.27 337.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 157.26 337.10 Td (in ) Tj ET Q q 0 0 0 rg BT 167.15 337.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.48 337.10 Td (high ) Tj ET Q q 0 0 0 rg BT 201.37 337.10 Td (end ) Tj ET Q q 0 0 0 rg BT 217.92 337.10 Td (business ) Tj ET Q q 0 0 0 rg BT 253.92 337.10 Td (market ) Tj ET Q q 0 0 0 rg BT 283.80 337.10 Td (are ) Tj ET Q q 0 0 0 rg BT 298.12 337.10 Td (also ) Tj ET Q q 0 0 0 rg BT 316.34 337.10 Td (of) Tj ET Q q 0 0 0 rg BT 324.49 337.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 347.14 337.10 Td (by ) Tj ET Q q 0 0 0 rg BT 359.25 337.10 Td (competitors ) Tj ET Q q 0 0 0 rg BT 408.57 337.10 Td (like ) Tj ET Q q 0 0 0 rg BT 425.68 337.10 Td (Eurofiber ) Tj ET Q q 0 0 0 rg BT 466.11 337.10 Td (\(nationwide ) Tj ET Q q 0 0 0 rg BT 515.98 337.10 Td (fiber ) Tj ET Q q 0 0 0 rg BT 536.97 337.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (services\) ) Tj ET Q q 0 0 0 rg BT 87.54 325.10 Td (and ) Tj ET Q q 0 0 0 rg BT 104.48 325.10 Td (international ) Tj ET Q q 0 0 0 rg BT 157.51 325.10 Td (service ) Tj ET Q q 0 0 0 rg BT 188.33 325.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 228.60 325.10 Td (like ) Tj ET Q q 0 0 0 rg BT 246.09 325.10 Td (British ) Tj ET Q q 0 0 0 rg BT 275.64 325.10 Td (T) Tj ET Q q 0 0 0 rg BT 281.05 325.10 Td (elecom, ) Tj ET Q q 0 0 0 rg BT 314.92 325.10 Td (Colt, ) Tj ET Q q 0 0 0 rg BT 337.15 325.10 Td (etc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 303.10 Td (In ) Tj ET Q q 0 0 0 rg BT 77.57 303.10 Td (the ) Tj ET Q q 0 0 0 rg BT 91.53 303.10 Td (business ) Tj ET Q q 0 0 0 rg BT 127.17 303.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 162.23 303.10 Td (we ) Tj ET Q q 0 0 0 rg BT 175.63 303.10 Td (also ) Tj ET Q q 0 0 0 rg BT 193.49 303.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 229.10 303.10 Td (with ) Tj ET Q q 0 0 0 rg BT 248.62 303.10 Td (service ) Tj ET Q q 0 0 0 rg BT 278.68 303.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 318.19 303.10 Td (of) Tj ET Q q 0 0 0 rg BT 326.34 303.10 Td (fering ) Tj ET Q q 0 0 0 rg BT 351.96 303.10 Td (value ) Tj ET Q q 0 0 0 rg BT 378.68 303.10 Td (added ) Tj ET Q q 0 0 0 rg BT 404.30 303.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 444.08 303.10 Td (mostly ) Tj ET Q q 0 0 0 rg BT 473.05 303.10 Td (in ) Tj ET Q q 0 0 0 rg BT 482.57 303.10 Td (OTT) Tj ET Q q 0 0 0 rg BT 501.83 303.10 Td ( ) Tj ET Q q 0 0 0 rg BT 503.57 303.10 Td (service ) Tj ET Q q 0 0 0 rg BT 533.63 303.10 Td (models ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.10 Td (based ) Tj ET Q q 0 0 0 rg BT 74.47 291.10 Td (on ) Tj ET Q q 0 0 0 rg BT 86.68 291.10 Td (Hosted ) Tj ET Q q 0 0 0 rg BT 117.21 291.10 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 143.86 291.10 Td (technologies. ) Tj ET Q q 0 0 0 rg BT 198.95 291.10 Td (These ) Tj ET Q q 0 0 0 rg BT 225.03 291.10 Td (can ) Tj ET Q q 0 0 0 rg BT 241.11 291.10 Td (be ) Tj ET Q q 0 0 0 rg BT 252.75 291.10 Td (both ) Tj ET Q q 0 0 0 rg BT 272.73 291.10 Td (local ) Tj ET Q q 0 0 0 rg BT 294.37 291.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 334.34 291.10 Td (with ) Tj ET Q q 0 0 0 rg BT 354.32 291.10 Td (nationwide ) Tj ET Q q 0 0 0 rg BT 400.96 291.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 439.25 291.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.89 291.10 Td (international ) Tj ET Q q 0 0 0 rg BT 508.63 291.10 Td (cloud ) Tj ET Q q 0 0 0 rg BT 533.05 291.10 Td (hosting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 89.77 279.10 Td (like ) Tj ET Q q 0 0 0 rg BT 107.26 279.10 Td (Microsoft, ) Tj ET Q q 0 0 0 rg BT 151.15 279.10 Td (Amazon ) Tj ET Q q 0 0 0 rg BT 187.35 279.10 Td (W) Tj ET Q q 0 0 0 rg BT 195.98 279.10 Td (eb ) Tj ET Q q 0 0 0 rg BT 207.92 279.10 Td (Services, ) Tj ET Q q 0 0 0 rg BT 246.80 279.10 Td (IBM, ) Tj ET Q q 0 0 0 rg BT 270.69 279.10 Td (etc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 257.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 104.61 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 115.06 257.10 Td (market ) Tj ET Q q 0 0 0 rg BT 145.50 257.10 Td (share ) Tj ET Q q 0 0 0 rg BT 169.27 257.10 Td (are ) Tj ET Q q 0 0 0 rg BT 184.15 257.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 212.37 257.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 252.25 257.10 Td (by ) Tj ET Q q 0 0 0 rg BT 264.92 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 279.81 257.10 Td (combination ) Tj ET Q q 0 0 0 rg BT 332.48 257.10 Td (of ) Tj ET Q q 0 0 0 rg BT 343.48 257.10 Td (price ) Tj ET Q q 0 0 0 rg BT 366.14 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 383.25 257.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 413.69 257.10 Td (of ) Tj ET Q q 0 0 0 rg BT 424.69 257.10 Td (services ) Tj ET Q q 0 0 0 rg BT 459.57 257.10 Td (provided. ) Tj ET Q q 0 0 0 rg BT 500.10 257.10 Td (T) Tj ET Q q 0 0 0 rg BT 505.51 257.10 Td (o ) Tj ET Q q 0 0 0 rg BT 513.18 257.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 549.18 257.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 99.21 245.10 Td (position, ) Tj ET Q q 0 0 0 rg BT 136.43 245.10 Td (we ) Tj ET Q q 0 0 0 rg BT 150.59 245.10 Td (continuously ) Tj ET Q q 0 0 0 rg BT 204.76 245.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 238.92 245.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.86 245.10 Td (update ) Tj ET Q q 0 0 0 rg BT 285.02 245.10 Td (our ) Tj ET Q q 0 0 0 rg BT 300.85 245.10 Td (portfolios. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 223.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 223.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.12 223.10 Td (of) Tj ET Q q 0 0 0 rg BT 90.27 223.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 102.91 223.10 Td (attractive ) Tj ET Q q 0 0 0 rg BT 141.64 223.10 Td (bundle ) Tj ET Q q 0 0 0 rg BT 170.40 223.10 Td (options, ) Tj ET Q q 0 0 0 rg BT 203.89 223.10 Td (plus ) Tj ET Q q 0 0 0 rg BT 222.10 223.10 Td (fixed-mobile ) Tj ET Q q 0 0 0 rg BT 275.29 223.10 Td (conver) Tj ET Q q 0 0 0 rg BT 302.32 223.10 Td (gence ) Tj ET Q q 0 0 0 rg BT 327.17 223.10 Td (options, ) Tj ET Q q 0 0 0 rg BT 360.66 223.10 Td (allowing ) Tj ET Q q 0 0 0 rg BT 397.20 223.10 Td (our ) Tj ET Q q 0 0 0 rg BT 412.07 223.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 458.60 223.10 Td (the ) Tj ET Q q 0 0 0 rg BT 472.36 223.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 499.45 223.10 Td (to ) Tj ET Q q 0 0 0 rg BT 508.77 223.10 Td (select ) Tj ET Q q 0 0 0 rg BT 533.07 223.10 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (combinations ) Tj ET Q q 0 0 0 rg BT 105.88 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 116.71 211.10 Td (services ) Tj ET Q q 0 0 0 rg BT 151.42 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 161.70 211.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 183.63 211.10 Td (their ) Tj ET Q q 0 0 0 rg BT 204.46 211.10 Td (needs. ) Tj ET Q q 0 0 0 rg BT 232.22 211.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 250.28 211.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 299.98 211.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 334.14 211.10 Td (with ) Tj ET Q q 0 0 0 rg BT 354.42 211.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 385.23 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 395.51 211.10 Td (our ) Tj ET Q q 0 0 0 rg BT 411.34 211.10 Td (services ) Tj ET Q q 0 0 0 rg BT 446.05 211.10 Td (includes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 189.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 189.10 Td (V) Tj ET Q q 0 0 0 rg BT 92.12 189.10 Td (ideo ) Tj ET Q q 0 0 0 rg BT 112.37 189.10 Td (services: ) Tj ET Q q 0 0 0 rg BT 150.17 189.10 Td (W) Tj ET Q q 0 0 0 rg BT 158.81 189.10 Td (e ) Tj ET Q q 0 0 0 rg BT 166.28 189.10 Td (include ) Tj ET Q q 0 0 0 rg BT 198.75 189.10 Td (MediaBox ) Tj ET Q q 0 0 0 rg BT 244.00 189.10 Td (XL, ) Tj ET Q q 0 0 0 rg BT 262.86 189.10 Td (Replay ) Tj ET Q q 0 0 0 rg BT 294.00 189.10 Td (TV) Tj ET Q q 0 0 0 rg BT 306.04 189.10 Td (, ) Tj ET Q q 0 0 0 rg BT 311.58 189.10 Td (and ) Tj ET Q q 0 0 0 rg BT 329.05 189.10 Td (Movies ) Tj ET Q q 0 0 0 rg BT 362.08 189.10 Td (& ) Tj ET Q q 0 0 0 rg BT 372.90 189.10 Td (Series ) Tj ET Q q 0 0 0 rg BT 400.37 189.10 Td (in ) Tj ET Q q 0 0 0 rg BT 411.18 189.10 Td (our ) Tj ET Q q 0 0 0 rg BT 427.54 189.10 Td (extended ) Tj ET Q q 0 0 0 rg BT 466.67 189.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 495.26 189.10 Td (video ) Tj ET Q q 0 0 0 rg BT 520.51 189.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 536.87 189.10 Td (of) Tj ET Q q 0 0 0 rg BT 545.01 189.10 Td (fers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 177.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 111.76 177.10 Td (GO ) Tj ET Q q 0 0 0 rg BT 128.58 177.10 Td (is ) Tj ET Q q 0 0 0 rg BT 137.62 177.10 Td (also ) Tj ET Q q 0 0 0 rg BT 156.11 177.10 Td (available, ) Tj ET Q q 0 0 0 rg BT 197.07 177.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 238.33 177.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 285.70 177.10 Td (the ) Tj ET Q q 0 0 0 rg BT 300.29 177.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 328.21 177.10 Td (to ) Tj ET Q q 0 0 0 rg BT 338.37 177.10 Td (watch ) Tj ET Q q 0 0 0 rg BT 364.62 177.10 Td (linear ) Tj ET Q q 0 0 0 rg BT 389.76 177.10 Td (and ) Tj ET Q q 0 0 0 rg BT 406.40 177.10 Td (V) Tj ET Q q 0 0 0 rg BT 412.33 177.10 Td (oD ) Tj ET Q q 0 0 0 rg BT 426.93 177.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 483.73 177.10 Td (through ) Tj ET Q q 0 0 0 rg BT 517.22 177.10 Td (a ) Tj ET Q q 0 0 0 rg BT 524.03 177.10 Td (second ) Tj ET Q q 0 0 0 rg BT 554.17 177.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 165.10 Td (third ) Tj ET Q q 0 0 0 rg BT 106.77 165.10 Td (screen ) Tj ET Q q 0 0 0 rg BT 134.70 165.10 Td (application ) Tj ET Q q 0 0 0 rg BT 181.51 165.10 Td (on ) Tj ET Q q 0 0 0 rg BT 193.90 165.10 Td (smart ) Tj ET Q q 0 0 0 rg BT 218.50 165.10 Td (phones, ) Tj ET Q q 0 0 0 rg BT 251.72 165.10 Td (tablets, ) Tj ET Q q 0 0 0 rg BT 282.71 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 299.54 165.10 Td (laptops ) Tj ET Q q 0 0 0 rg BT 330.81 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.63 165.10 Td (to ) Tj ET Q q 0 0 0 rg BT 357.80 165.10 Td (record ) Tj ET Q q 0 0 0 rg BT 385.72 165.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 425.88 165.10 Td (remotely) Tj ET Q q 0 0 0 rg BT 460.77 165.10 Td (. ) Tj ET Q q 0 0 0 rg BT 465.66 165.10 Td (In ) Tj ET Q q 0 0 0 rg BT 476.37 165.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 514.03 165.10 Td (we ) Tj ET Q q 0 0 0 rg BT 528.08 165.10 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 153.10 Td (to ) Tj ET Q q 0 0 0 rg BT 95.78 153.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 131.60 153.10 Td (the ) Tj ET Q q 0 0 0 rg BT 146.32 153.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 176.59 153.10 Td (of ) Tj ET Q q 0 0 0 rg BT 187.42 153.10 Td (our ) Tj ET Q q 0 0 0 rg BT 203.25 153.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 260.19 153.10 Td (and ) Tj ET Q q 0 0 0 rg BT 277.13 153.10 Td (modify ) Tj ET Q q 0 0 0 rg BT 308.51 153.10 Td (our ) Tj ET Q q 0 0 0 rg BT 324.34 153.10 Td (video ) Tj ET Q q 0 0 0 rg BT 349.06 153.10 Td (options ) Tj ET Q q 0 0 0 rg BT 381.01 153.10 Td (by ) Tj ET Q q 0 0 0 rg BT 393.51 153.10 Td (of) Tj ET Q q 0 0 0 rg BT 401.66 153.10 Td (fering ) Tj ET Q q 0 0 0 rg BT 428.03 153.10 Td (attractive ) Tj ET Q q 0 0 0 rg BT 467.73 153.10 Td (content ) Tj ET Q q 0 0 0 rg BT 499.67 153.10 Td (packages.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 131.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 131.10 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 116.40 131.10 Td (services: ) Tj ET Q q 0 0 0 rg BT 153.25 131.10 Td (W) Tj ET Q q 0 0 0 rg BT 161.89 131.10 Td (e ) Tj ET Q q 0 0 0 rg BT 168.33 131.10 Td (of) Tj ET Q q 0 0 0 rg BT 176.48 131.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 189.59 131.10 Td (a ) Tj ET Q q 0 0 0 rg BT 196.04 131.10 Td (wide ) Tj ET Q q 0 0 0 rg BT 217.49 131.10 Td (range ) Tj ET Q q 0 0 0 rg BT 241.71 131.10 Td (of ) Tj ET Q q 0 0 0 rg BT 252.05 131.10 Td (2, ) Tj ET Q q 0 0 0 rg BT 261.56 131.10 Td (3, ) Tj ET Q q 0 0 0 rg BT 271.07 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 287.52 131.10 Td (4G ) Tj ET Q q 0 0 0 rg BT 301.75 131.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 331.54 131.10 Td (services ) Tj ET Q q 0 0 0 rg BT 365.76 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.21 131.10 Td (are ) Tj ET Q q 0 0 0 rg BT 396.42 131.10 Td (expanding ) Tj ET Q q 0 0 0 rg BT 440.09 131.10 Td (our ) Tj ET Q q 0 0 0 rg BT 455.43 131.10 Td (Community ) Tj ET Q q 0 0 0 rg BT 505.08 131.10 Td (W) Tj ET Q q 0 0 0 rg BT 514.12 131.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 527.25 131.10 Td (network. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 119.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 119.10 Td (e ) Tj ET Q q 0 0 0 rg BT 101.08 119.10 Td (also ) Tj ET Q q 0 0 0 rg BT 119.68 119.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 156.62 119.10 Td (to ) Tj ET Q q 0 0 0 rg BT 166.90 119.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 193.28 119.10 Td (in ) Tj ET Q q 0 0 0 rg BT 203.56 119.10 Td (our ) Tj ET Q q 0 0 0 rg BT 219.39 119.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 249.67 119.10 Td (network ) Tj ET Q q 0 0 0 rg BT 284.93 119.10 Td (to ) Tj ET Q q 0 0 0 rg BT 295.21 119.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 331.04 119.10 Td (the ) Tj ET Q q 0 0 0 rg BT 345.75 119.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 393.24 119.10 Td (and ) Tj ET Q q 0 0 0 rg BT 410.18 119.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 440.45 119.10 Td (of ) Tj ET Q q 0 0 0 rg BT 451.28 119.10 Td (our ) Tj ET Q q 0 0 0 rg BT 467.11 119.10 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 97.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 97.10 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 132.23 97.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 165.63 97.10 Td (services: ) Tj ET Q q 0 0 0 rg BT 203.26 97.10 Td (W) Tj ET Q q 0 0 0 rg BT 211.90 97.10 Td (e ) Tj ET Q q 0 0 0 rg BT 219.20 97.10 Td (promote ) Tj ET Q q 0 0 0 rg BT 255.38 97.10 Td (our ) Tj ET Q q 0 0 0 rg BT 271.56 97.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 301.08 97.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.26 97.10 Td (up ) Tj ET Q q 0 0 0 rg BT 325.12 97.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.75 97.10 Td (400 ) Tj ET Q q 0 0 0 rg BT 353.61 97.10 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 379.25 97.10 Td (\(500Mbps ) Tj ET Q q 0 0 0 rg BT 423.22 97.10 Td (at ) Tj ET Q q 0 0 0 rg BT 433.29 97.10 Td (SOHO\) ) Tj ET Q q 0 0 0 rg BT 466.70 97.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.99 97.10 Td (we ) Tj ET Q q 0 0 0 rg BT 498.51 97.10 Td (seek ) Tj ET Q q 0 0 0 rg BT 519.13 97.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.77 97.10 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.86 85.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 144.56 85.10 Td (speed ) Tj ET Q q 0 0 0 rg BT 170.48 85.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.96 85.10 Td (our ) Tj ET Q q 0 0 0 rg BT 198.43 85.10 Td (connections ) Tj ET Q q 0 0 0 rg BT 249.34 85.10 Td (by ) Tj ET Q q 0 0 0 rg BT 262.49 85.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 284.52 85.10 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 321.00 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 336.36 85.10 Td (technical ) Tj ET Q q 0 0 0 rg BT 375.60 85.10 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 424.28 85.10 Td (of ) Tj ET Q q 0 0 0 rg BT 435.76 85.10 Td (DOCSIS ) Tj ET Q q 0 0 0 rg BT 474.47 85.10 Td (3.0 ) Tj ET Q q 0 0 0 rg BT 490.12 85.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 537.70 85.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 85.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 73.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 110.06 73.10 Td (system. ) Tj ET Q q 0 0 0 rg BT 143.55 73.10 Td (W) Tj ET Q q 0 0 0 rg BT 152.19 73.10 Td (e ) Tj ET Q q 0 0 0 rg BT 160.10 73.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 189.65 73.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.34 73.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 239.35 73.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 269.47 73.10 Td (on ) Tj ET Q q 0 0 0 rg BT 282.94 73.10 Td (our ) Tj ET Q q 0 0 0 rg BT 299.73 73.10 Td (network ) Tj ET Q q 0 0 0 rg BT 335.97 73.10 Td (to ) Tj ET Q q 0 0 0 rg BT 347.21 73.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 383.43 73.10 Td (with ) Tj ET Q q 0 0 0 rg BT 404.68 73.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.36 73.10 Td (deployment ) Tj ET Q q 0 0 0 rg BT 471.04 73.10 Td (of ) Tj ET Q q 0 0 0 rg BT 482.83 73.10 Td (our ) Tj ET Q q 0 0 0 rg BT 499.63 73.10 Td (next ) Tj ET Q q 0 0 0 rg BT 520.31 73.10 Td (generation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 61.10 Td (gateways ) Tj ET Q q 0 0 0 rg BT 125.21 61.10 Td (that ) Tj ET Q q 0 0 0 rg BT 142.70 61.10 Td (will ) Tj ET Q q 0 0 0 rg BT 160.76 61.10 Td (enable ) Tj ET Q q 0 0 0 rg BT 189.35 61.10 Td (DOCSIS ) Tj ET Q q 0 0 0 rg BT 227.42 61.10 Td (3.1 ) Tj ET Q q 0 0 0 rg BT 242.42 61.10 Td (on ) Tj ET Q q 0 0 0 rg BT 254.92 61.10 Td (our ) Tj ET Q q 0 0 0 rg BT 270.75 61.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 294.34 61.10 Td (networks.) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 713.10 Td (Fixed-line ) Tj ET Q q 0 0 0 rg BT 129.87 713.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 172.57 713.10 Td (services: ) Tj ET Q q 0 0 0 rg BT 210.58 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 219.22 713.10 Td (e ) Tj ET Q q 0 0 0 rg BT 226.92 713.10 Td (position ) Tj ET Q q 0 0 0 rg BT 262.41 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 279.00 713.10 Td (services ) Tj ET Q q 0 0 0 rg BT 314.48 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 326.07 713.10 Td (anytime, ) Tj ET Q q 0 0 0 rg BT 372.92 713.10 Td (anywhere, ) Tj ET Q q 0 0 0 rg BT 426.43 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.13 713.10 Td (any ) Tj ET Q q 0 0 0 rg BT 466.27 713.10 Td (destination ) Tj ET Q q 0 0 0 rg BT 517.86 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.56 713.10 Td (of) Tj ET Q q 0 0 0 rg BT 543.71 713.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 558.07 713.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 701.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 115.36 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 125.78 701.10 Td (innovative ) Tj ET Q q 0 0 0 rg BT 170.09 701.10 Td (calling ) Tj ET Q q 0 0 0 rg BT 199.39 701.10 Td (plans ) Tj ET Q q 0 0 0 rg BT 222.59 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.47 701.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 253.99 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 268.30 701.10 Td (needs ) Tj ET Q q 0 0 0 rg BT 293.17 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 303.59 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 319.01 701.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 364.16 701.10 Td (such ) Tj ET Q q 0 0 0 rg BT 384.58 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 395.00 701.10 Td (national ) Tj ET Q q 0 0 0 rg BT 429.31 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 439.73 701.10 Td (international ) Tj ET Q q 0 0 0 rg BT 492.36 701.10 Td (calling, ) Tj ET Q q 0 0 0 rg BT 524.17 701.10 Td (unlimited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 689.10 Td (of) Tj ET Q q 0 0 0 rg BT 93.65 689.10 Td (f-peak ) Tj ET Q q 0 0 0 rg BT 121.69 689.10 Td (calling ) Tj ET Q q 0 0 0 rg BT 151.40 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 168.34 689.10 Td (minute ) Tj ET Q q 0 0 0 rg BT 198.61 689.10 Td (packages, ) Tj ET Q q 0 0 0 rg BT 240.26 689.10 Td (including ) Tj ET Q q 0 0 0 rg BT 280.53 689.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 301.35 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 311.63 689.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 334.68 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.62 689.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 381.89 689.10 Td (phones.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 667.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 99.77 667.10 Td (Matters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 645.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.14 645.10 Td (a ) Tj ET Q q 0 0 0 rg BT 89.34 645.10 Td (description ) Tj ET Q q 0 0 0 rg BT 135.52 645.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.61 645.10 Td (current ) Tj ET Q q 0 0 0 rg BT 175.67 645.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 218.52 645.10 Td (developments ) Tj ET Q q 0 0 0 rg BT 275.82 645.10 Td (in ) Tj ET Q q 0 0 0 rg BT 285.35 645.10 Td (the ) Tj ET Q q 0 0 0 rg BT 299.32 645.10 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 351.88 645.10 Td (which ) Tj ET Q q 0 0 0 rg BT 378.08 645.10 Td (will ) Tj ET Q q 0 0 0 rg BT 395.39 645.10 Td (af) Tj ET Q q 0 0 0 rg BT 402.97 645.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 419.71 645.10 Td (our ) Tj ET Q q 0 0 0 rg BT 434.79 645.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 480.70 645.10 Td (see ) Tj ET Q q 0 0 0 rg BT 495.22 645.10 Td (the ) Tj ET Q q 0 0 0 rg BT 509.19 645.10 Td (Regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.10 Td (section ) Tj ET Q q 0 0 0 rg BT 80.33 633.10 Td (in ) Tj ET Q q 0 0 0 rg BT 90.60 633.10 Td (this ) Tj ET Q q 0 0 0 rg BT 107.55 633.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 136.71 633.10 Td (report. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (Other) Tj ET Q q 0 0 0 rg BT 74.87 611.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 589.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.83 589.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 114.60 589.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.38 589.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.59 589.10 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 182.47 589.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 209.63 589.10 Td (we ) Tj ET Q q 0 0 0 rg BT 224.29 589.10 Td (have ) Tj ET Q q 0 0 0 rg BT 246.16 589.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 291.37 589.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 331.59 589.10 Td (related ) Tj ET Q q 0 0 0 rg BT 361.79 589.10 Td (to ) Tj ET Q q 0 0 0 rg BT 372.56 589.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 385.00 589.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 407.43 589.10 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 461.25 589.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 476.46 589.10 Td (wage, ) Tj ET Q q 0 0 0 rg BT 503.06 589.10 Td (property) Tj ET Q q 0 0 0 rg BT 536.28 589.10 Td (, ) Tj ET Q q 0 0 0 rg BT 541.57 589.10 Td (V) Tj ET Q q 0 0 0 rg BT 547.50 589.10 Td (A) Tj ET Q q 0 0 0 rg BT 553.61 589.10 Td (T/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 71.08 577.10 Td (and ) Tj ET Q q 0 0 0 rg BT 87.66 577.10 Td (other ) Tj ET Q q 0 0 0 rg BT 110.35 577.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 124.71 577.10 Td (issues, ) Tj ET Q q 0 0 0 rg BT 153.25 577.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 170.39 577.10 Td (disputes ) Tj ET Q q 0 0 0 rg BT 205.31 577.10 Td (over ) Tj ET Q q 0 0 0 rg BT 225.22 577.10 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 289.56 577.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 310.31 577.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.89 577.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 343.47 577.10 Td (other ) Tj ET Q q 0 0 0 rg BT 366.16 577.10 Td (matters ) Tj ET Q q 0 0 0 rg BT 397.74 577.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 427.10 577.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.02 577.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.38 577.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 487.40 577.10 Td (course ) Tj ET Q q 0 0 0 rg BT 515.64 577.10 Td (of ) Tj ET Q q 0 0 0 rg BT 526.12 577.10 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 565.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 565.10 Td (e ) Tj ET Q q 0 0 0 rg BT 65.49 565.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 94.49 565.10 Td (that ) Tj ET Q q 0 0 0 rg BT 112.40 565.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.53 565.10 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 166.83 565.10 Td (if ) Tj ET Q q 0 0 0 rg BT 175.85 565.10 Td (any) Tj ET Q q 0 0 0 rg BT 189.64 565.10 Td (, ) Tj ET Q q 0 0 0 rg BT 195.05 565.10 Td (which ) Tj ET Q q 0 0 0 rg BT 222.40 565.10 Td (may ) Tj ET Q q 0 0 0 rg BT 242.53 565.10 Td (be ) Tj ET Q q 0 0 0 rg BT 254.88 565.10 Td (required ) Tj ET Q q 0 0 0 rg BT 291.10 565.10 Td (to ) Tj ET Q q 0 0 0 rg BT 301.79 565.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 330.81 565.10 Td (these ) Tj ET Q q 0 0 0 rg BT 354.27 565.10 Td (contingencies ) Tj ET Q q 0 0 0 rg BT 412.16 565.10 Td (will ) Tj ET Q q 0 0 0 rg BT 430.63 565.10 Td (not ) Tj ET Q q 0 0 0 rg BT 446.32 565.10 Td (be ) Tj ET Q q 0 0 0 rg BT 458.67 565.10 Td (material ) Tj ET Q q 0 0 0 rg BT 494.34 565.10 Td (in ) Tj ET Q q 0 0 0 rg BT 505.03 565.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 538.49 565.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.18 565.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 553.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 86.98 553.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 127.25 553.10 Td (or ) Tj ET Q q 0 0 0 rg BT 138.08 553.10 Td (results ) Tj ET Q q 0 0 0 rg BT 166.69 553.10 Td (of ) Tj ET Q q 0 0 0 rg BT 177.52 553.10 Td (operations. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.95 531.10 Td (REGULA) Tj ET Q q 0 0 0 rg BT 312.99 531.10 Td (T) Tj ET Q q 0 0 0 rg BT 319.48 531.10 Td (OR) Tj ET Q q 0 0 0 rg BT 334.13 531.10 Td (Y) Tj ET Q q 0 0 0 rg BT 340.98 531.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 507.10 Td (Overview ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 485.10 Td (The ) Tj ET Q q 0 0 0 rg BT 86.11 485.10 Td (following ) Tj ET Q q 0 0 0 rg BT 128.06 485.10 Td (section ) Tj ET Q q 0 0 0 rg BT 159.45 485.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 196.95 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 204.46 485.10 Td (summary ) Tj ET Q q 0 0 0 rg BT 244.74 485.10 Td (of ) Tj ET Q q 0 0 0 rg BT 256.13 485.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 286.40 485.10 Td (of ) Tj ET Q q 0 0 0 rg BT 297.79 485.10 Td (our ) Tj ET Q q 0 0 0 rg BT 314.18 485.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 358.34 485.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 413.61 485.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.11 485.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 478.62 485.10 Td (in ) Tj ET Q q 0 0 0 rg BT 489.46 485.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.74 485.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 532.24 485.10 Td (market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (This ) Tj ET Q q 0 0 0 rg BT 69.36 473.10 Td (description ) Tj ET Q q 0 0 0 rg BT 115.88 473.10 Td (is ) Tj ET Q q 0 0 0 rg BT 124.63 473.10 Td (not ) Tj ET Q q 0 0 0 rg BT 139.49 473.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 176.00 473.10 Td (to ) Tj ET Q q 0 0 0 rg BT 185.86 473.10 Td (be ) Tj ET Q q 0 0 0 rg BT 197.38 473.10 Td (a ) Tj ET Q q 0 0 0 rg BT 203.90 473.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 266.52 473.10 Td (description ) Tj ET Q q 0 0 0 rg BT 313.03 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 323.44 473.10 Td (all ) Tj ET Q q 0 0 0 rg BT 335.52 473.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 378.14 473.10 Td (in ) Tj ET Q q 0 0 0 rg BT 388.00 473.10 Td (this ) Tj ET Q q 0 0 0 rg BT 404.53 473.10 Td (area ) Tj ET Q q 0 0 0 rg BT 423.26 473.10 Td (nor ) Tj ET Q q 0 0 0 rg BT 438.67 473.10 Td (a ) Tj ET Q q 0 0 0 rg BT 445.19 473.10 Td (review ) Tj ET Q q 0 0 0 rg BT 474.48 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 484.89 473.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 518.07 473.10 Td (obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (which ) Tj ET Q q 0 0 0 rg BT 76.83 461.10 Td (have ) Tj ET Q q 0 0 0 rg BT 98.60 461.10 Td (been ) Tj ET Q q 0 0 0 rg BT 120.38 461.10 Td (imposed ) Tj ET Q q 0 0 0 rg BT 157.16 461.10 Td (on ) Tj ET Q q 0 0 0 rg BT 170.05 461.10 Td (us. ) Tj ET Q q 0 0 0 rg BT 183.70 461.10 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 219.91 461.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 263.90 461.10 Td (developments ) Tj ET Q q 0 0 0 rg BT 322.34 461.10 Td (could ) Tj ET Q q 0 0 0 rg BT 347.45 461.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 378.67 461.10 Td (our ) Tj ET Q q 0 0 0 rg BT 394.89 461.10 Td (business ) Tj ET Q q 0 0 0 rg BT 431.68 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 442.35 461.10 Td (a ) Tj ET Q q 0 0 0 rg BT 449.69 461.10 Td (number ) Tj ET Q q 0 0 0 rg BT 483.13 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 494.35 461.10 Td (risks. ) Tj ET Q q 0 0 0 rg BT 518.64 461.10 Td (Regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (could ) Tj ET Q q 0 0 0 rg BT 74.08 449.10 Td (limit ) Tj ET Q q 0 0 0 rg BT 95.33 449.10 Td (growth, ) Tj ET Q q 0 0 0 rg BT 128.53 449.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 165.04 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 181.84 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.42 449.10 Td (number ) Tj ET Q q 0 0 0 rg BT 229.33 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 246.13 449.10 Td (types ) Tj ET Q q 0 0 0 rg BT 269.60 449.10 Td (of ) Tj ET Q q 0 0 0 rg BT 280.30 449.10 Td (services ) Tj ET Q q 0 0 0 rg BT 314.87 449.10 Td (of) Tj ET Q q 0 0 0 rg BT 323.02 449.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 345.92 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.72 449.10 Td (could ) Tj ET Q q 0 0 0 rg BT 387.30 449.10 Td (lead ) Tj ET Q q 0 0 0 rg BT 406.32 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 416.46 449.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 456.58 449.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 496.70 449.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 519.07 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.87 449.10 Td (capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (expenditures. ) Tj ET Q q 0 0 0 rg BT 104.87 437.10 Td (In ) Tj ET Q q 0 0 0 rg BT 114.98 437.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 152.03 437.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 194.35 437.10 Td (may ) Tj ET Q q 0 0 0 rg BT 213.34 437.10 Td (restrict ) Tj ET Q q 0 0 0 rg BT 242.88 437.10 Td (our ) Tj ET Q q 0 0 0 rg BT 257.99 437.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 301.42 437.10 Td (and ) Tj ET Q q 0 0 0 rg BT 317.64 437.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 347.74 437.10 Td (them ) Tj ET Q q 0 0 0 rg BT 369.51 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 379.07 437.10 Td (further ) Tj ET Q q 0 0 0 rg BT 408.05 437.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 457.04 437.10 Td (pressure, ) Tj ET Q q 0 0 0 rg BT 494.64 437.10 Td (including ) Tj ET Q q 0 0 0 rg BT 534.19 437.10 Td (pricing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (restrictions, ) Tj ET Q q 0 0 0 rg BT 99.22 425.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 151.42 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 168.64 425.10 Td (other ) Tj ET Q q 0 0 0 rg BT 191.97 425.10 Td (access ) Tj ET Q q 0 0 0 rg BT 220.29 425.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 270.02 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 287.24 425.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 334.46 425.10 Td (or ) Tj ET Q q 0 0 0 rg BT 345.57 425.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 380.57 425.10 Td (on ) Tj ET Q q 0 0 0 rg BT 393.35 425.10 Td (content. ) Tj ET Q q 0 0 0 rg BT 428.07 425.10 Td (Failure ) Tj ET Q q 0 0 0 rg BT 459.18 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 469.74 425.10 Td (comply ) Tj ET Q q 0 0 0 rg BT 502.52 425.10 Td (with ) Tj ET Q q 0 0 0 rg BT 523.08 425.10 Td (current ) Tj ET Q q 0 0 0 rg BT 554.18 425.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (future ) Tj ET Q q 0 0 0 rg BT 75.88 413.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 118.92 413.10 Td (could ) Tj ET Q q 0 0 0 rg BT 143.64 413.10 Td (expose ) Tj ET Q q 0 0 0 rg BT 173.90 413.10 Td (our ) Tj ET Q q 0 0 0 rg BT 189.73 413.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 234.46 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 244.73 413.10 Td (penalties. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 391.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.75 391.10 Td (video ) Tj ET Q q 0 0 0 rg BT 110.67 391.10 Td (distribution, ) Tj ET Q q 0 0 0 rg BT 161.99 391.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 206.90 391.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 242.65 391.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 284.23 391.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 326.37 391.10 Td (and ) Tj ET Q q 0 0 0 rg BT 343.51 391.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 373.99 391.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 418.92 391.10 Td (are ) Tj ET Q q 0 0 0 rg BT 433.83 391.10 Td (regulated ) Tj ET Q q 0 0 0 rg BT 473.74 391.10 Td (at ) Tj ET Q q 0 0 0 rg BT 483.66 391.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.58 391.10 Td (EU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.91 391.10 Td ( ) Tj ET Q q 0 0 0 rg BT 514.61 391.10 Td (level. ) Tj ET Q q 0 0 0 rg BT 539.25 391.10 Td (In ) Tj ET Q q 0 0 0 rg BT 550.29 391.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.10 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 102.78 379.10 Td (these ) Tj ET Q q 0 0 0 rg BT 125.79 379.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 172.68 379.10 Td (are ) Tj ET Q q 0 0 0 rg BT 187.35 379.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 242.02 379.10 Td (through ) Tj ET Q q 0 0 0 rg BT 275.59 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 290.09 379.10 Td (T) Tj ET Q q 0 0 0 rg BT 295.50 379.10 Td (elecommunicatiewet ) Tj ET Q q 0 0 0 rg BT 380.71 379.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 398.71 379.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 425.44 379.10 Td (T) Tj ET Q q 0 0 0 rg BT 430.85 379.10 Td (elecommunications ) Tj ET Q q 0 0 0 rg BT 510.52 379.10 Td (Act, ) Tj ET Q q 0 0 0 rg BT 529.92 379.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.36 379.10 Td (DT) Tj ET Q q 0 0 0 rg BT 547.51 379.10 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.73 379.10 Td (\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.43 367.10 Td (the ) Tj ET Q q 0 0 0 rg BT 83.14 367.10 Td (Mediawet ) Tj ET Q q 0 0 0 rg BT 126.62 367.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 145.66 367.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 173.59 367.10 Td (Media ) Tj ET Q q 0 0 0 rg BT 201.86 367.10 Td (Act, ) Tj ET Q q 0 0 0 rg BT 222.30 367.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.73 367.10 Td (DMA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.62 367.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 261.88 367.10 Td (and ) Tj ET Q q 0 0 0 rg BT 279.81 367.10 Td (related ) Tj ET Q q 0 0 0 rg BT 310.51 367.10 Td (legislation ) Tj ET Q q 0 0 0 rg BT 355.66 367.10 Td (and ) Tj ET Q q 0 0 0 rg BT 373.59 367.10 Td (regulations. ) Tj ET Q q 0 0 0 rg BT 423.77 367.10 Td (The ) Tj ET Q q 0 0 0 rg BT 442.04 367.10 Td (Authority ) Tj ET Q q 0 0 0 rg BT 484.42 367.10 Td (for ) Tj ET Q q 0 0 0 rg BT 499.57 367.10 Td (Consumers ) Tj ET Q q 0 0 0 rg BT 548.06 367.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (Markets ) Tj ET Q q 0 0 0 rg BT 85.56 355.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.33 355.10 Td (ACM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.21 355.10 Td (, ) Tj ET Q q 0 0 0 rg BT 126.71 355.10 Td (Autoriteit ) Tj ET Q q 0 0 0 rg BT 168.89 355.10 Td (Consument ) Tj ET Q q 0 0 0 rg BT 217.73 355.10 Td (& ) Tj ET Q q 0 0 0 rg BT 228.80 355.10 Td (Markt\), ) Tj ET Q q 0 0 0 rg BT 262.36 355.10 Td (in ) Tj ET Q q 0 0 0 rg BT 273.43 355.10 Td (which ) Tj ET Q q 0 0 0 rg BT 301.16 355.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.67 355.10 Td (former ) Tj ET Q q 0 0 0 rg BT 347.17 355.10 Td (Independent ) Tj ET Q q 0 0 0 rg BT 399.88 355.10 Td (Post ) Tj ET Q q 0 0 0 rg BT 420.40 355.10 Td (and ) Tj ET Q q 0 0 0 rg BT 437.90 355.10 Td (T) Tj ET Q q 0 0 0 rg BT 443.31 355.10 Td (elecommunications ) Tj ET Q q 0 0 0 rg BT 523.62 355.10 Td (Authority ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.27 343.10 Td (OPT) Tj ET Q q 0 0 0 rg BT 77.08 343.10 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.30 343.10 Td (, ) Tj ET Q q 0 0 0 rg BT 92.86 343.10 Td (Onafhankelijke ) Tj ET Q q 0 0 0 rg BT 156.11 343.10 Td (Post ) Tj ET Q q 0 0 0 rg BT 174.96 343.10 Td (en ) Tj ET Q q 0 0 0 rg BT 185.90 343.10 Td (T) Tj ET Q q 0 0 0 rg BT 191.31 343.10 Td (elecommunicatie ) Tj ET Q q 0 0 0 rg BT 260.87 343.10 Td (Autoriteit\) ) Tj ET Q q 0 0 0 rg BT 304.69 343.10 Td (has ) Tj ET Q q 0 0 0 rg BT 319.64 343.10 Td (been ) Tj ET Q q 0 0 0 rg BT 340.13 343.10 Td (integrated, ) Tj ET Q q 0 0 0 rg BT 384.23 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 400.28 343.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.11 343.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 440.17 343.10 Td (Radiocommunications ) Tj ET Q q 0 0 0 rg BT 531.41 343.10 Td (Agency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.27 331.10 Td (A) Tj ET Q q 0 0 0 rg BT 63.75 331.10 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.42 331.10 Td (, ) Tj ET Q q 0 0 0 rg BT 79.29 331.10 Td (Agentschap ) Tj ET Q q 0 0 0 rg BT 128.80 331.10 Td (T) Tj ET Q q 0 0 0 rg BT 134.21 331.10 Td (elecom\) ) Tj ET Q q 0 0 0 rg BT 168.90 331.10 Td (supervise ) Tj ET Q q 0 0 0 rg BT 209.15 331.10 Td (and ) Tj ET Q q 0 0 0 rg BT 226.08 331.10 Td (enforce ) Tj ET Q q 0 0 0 rg BT 258.54 331.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 307.11 331.10 Td (with ) Tj ET Q q 0 0 0 rg BT 327.37 331.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 357.06 331.10 Td (parts ) Tj ET Q q 0 0 0 rg BT 378.98 331.10 Td (of ) Tj ET Q q 0 0 0 rg BT 389.80 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 404.50 331.10 Td (DT) Tj ET Q q 0 0 0 rg BT 417.03 331.10 Td (A. ) Tj ET Q q 0 0 0 rg BT 429.23 331.10 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 466.72 331.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.98 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.68 331.10 Td (DT) Tj ET Q q 0 0 0 rg BT 504.21 331.10 Td (A, ) Tj ET Q q 0 0 0 rg BT 516.42 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.57 331.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 555.84 331.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.10 Td (designated ) Tj ET Q q 0 0 0 rg BT 94.80 319.10 Td (as ) Tj ET Q q 0 0 0 rg BT 105.66 319.10 Td (a ) Tj ET Q q 0 0 0 rg BT 112.63 319.10 Td (National ) Tj ET Q q 0 0 0 rg BT 149.60 319.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 196.01 319.10 Td (Authority ) Tj ET Q q 0 0 0 rg BT 237.43 319.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 240.76 319.10 Td (NRA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.43 319.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 270.61 319.10 Td (The ) Tj ET Q q 0 0 0 rg BT 288.69 319.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 315.66 319.10 Td (Media ) Tj ET Q q 0 0 0 rg BT 343.18 319.10 Td (Authority ) Tj ET Q q 0 0 0 rg BT 384.60 319.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.37 319.10 Td (CvdM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.60 319.10 Td (, ) Tj ET Q q 0 0 0 rg BT 429.07 319.10 Td (Commissariaat ) Tj ET Q q 0 0 0 rg BT 491.59 319.10 Td (voor ) Tj ET Q q 0 0 0 rg BT 512.46 319.10 Td (de ) Tj ET Q q 0 0 0 rg BT 524.43 319.10 Td (Media\) ) Tj ET Q q 0 0 0 rg BT 555.84 319.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (authorized ) Tj ET Q q 0 0 0 rg BT 94.20 307.10 Td (to ) Tj ET Q q 0 0 0 rg BT 104.48 307.10 Td (enforce ) Tj ET Q q 0 0 0 rg BT 136.96 307.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 185.54 307.10 Td (with ) Tj ET Q q 0 0 0 rg BT 205.82 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.54 307.10 Td (DMA. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 285.10 Td (In ) Tj ET Q q 0 0 0 rg BT 77.44 285.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 111.82 285.10 Td (to ) Tj ET Q q 0 0 0 rg BT 121.21 285.10 Td (complying ) Tj ET Q q 0 0 0 rg BT 165.59 285.10 Td (with ) Tj ET Q q 0 0 0 rg BT 184.98 285.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 219.37 285.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 252.07 285.10 Td (regimes, ) Tj ET Q q 0 0 0 rg BT 287.83 285.10 Td (we ) Tj ET Q q 0 0 0 rg BT 301.10 285.10 Td (must ) Tj ET Q q 0 0 0 rg BT 322.16 285.10 Td (comply ) Tj ET Q q 0 0 0 rg BT 353.76 285.10 Td (with ) Tj ET Q q 0 0 0 rg BT 373.15 285.10 Td (both ) Tj ET Q q 0 0 0 rg BT 392.54 285.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 425.24 285.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.29 285.10 Td (general ) Tj ET Q q 0 0 0 rg BT 472.32 285.10 Td (legislation ) Tj ET Q q 0 0 0 rg BT 515.59 285.10 Td (concerning, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.10 Td (among ) Tj ET Q q 0 0 0 rg BT 79.90 273.10 Td (other ) Tj ET Q q 0 0 0 rg BT 103.63 273.10 Td (areas, ) Tj ET Q q 0 0 0 rg BT 129.84 273.10 Td (competition, ) Tj ET Q q 0 0 0 rg BT 183.29 273.10 Td (data ) Tj ET Q q 0 0 0 rg BT 203.13 273.10 Td (protection, ) Tj ET Q q 0 0 0 rg BT 249.35 273.10 Td (data ) Tj ET Q q 0 0 0 rg BT 269.19 273.10 Td (retention, ) Tj ET Q q 0 0 0 rg BT 310.41 273.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 344.14 273.10 Td (service ) Tj ET Q q 0 0 0 rg BT 375.63 273.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 412.69 273.10 Td (liability) Tj ET Q q 0 0 0 rg BT 443.15 273.10 Td (, ) Tj ET Q q 0 0 0 rg BT 448.83 273.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 490.89 273.10 Td (protection, ) Tj ET Q q 0 0 0 rg BT 537.11 273.10 Td (and ) Tj ET Q q 0 0 0 rg BT 554.73 273.10 Td (e-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.10 Td (commerce. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (Eur) Tj ET Q q 0 0 0 rg BT 65.99 239.10 Td (opean ) Tj ET Q q 0 0 0 rg BT 94.05 239.10 Td (Union ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 217.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.77 217.10 Td (current ) Tj ET Q q 0 0 0 rg BT 116.81 217.10 Td (body ) Tj ET Q q 0 0 0 rg BT 139.54 217.10 Td (of ) Tj ET Q q 0 0 0 rg BT 150.59 217.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 166.65 217.10 Td (law ) Tj ET Q q 0 0 0 rg BT 183.81 217.10 Td (that ) Tj ET Q q 0 0 0 rg BT 201.53 217.10 Td (deals ) Tj ET Q q 0 0 0 rg BT 224.80 217.10 Td (with ) Tj ET Q q 0 0 0 rg BT 245.30 217.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 287.45 217.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 356.27 217.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 399.54 217.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 433.93 217.10 Td (of ) Tj ET Q q 0 0 0 rg BT 444.99 217.10 Td (a ) Tj ET Q q 0 0 0 rg BT 452.15 217.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 482.64 217.10 Td (of ) Tj ET Q q 0 0 0 rg BT 493.69 217.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 515.85 217.10 Td (instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.49 205.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 98.15 205.10 Td (\(collectively ) Tj ET Q q 0 0 0 rg BT 149.67 205.10 Td (referred ) Tj ET Q q 0 0 0 rg BT 182.86 205.10 Td (to ) Tj ET Q q 0 0 0 rg BT 192.19 205.10 Td (as ) Tj ET Q q 0 0 0 rg BT 202.07 205.10 Td (the ) Tj ET Q q 0 0 0 rg BT 215.84 205.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.28 205.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 269.60 205.10 Td (Framework) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.14 205.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 331.84 205.10 Td (The ) Tj ET Q q 0 0 0 rg BT 348.94 205.10 Td (key ) Tj ET Q q 0 0 0 rg BT 364.93 205.10 Td (elements ) Tj ET Q q 0 0 0 rg BT 402.03 205.10 Td (of ) Tj ET Q q 0 0 0 rg BT 411.91 205.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.68 205.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 471.66 205.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 519.31 205.10 Td (are ) Tj ET Q q 0 0 0 rg BT 533.07 205.10 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 71.60 193.10 Td (measures, ) Tj ET Q q 0 0 0 rg BT 113.97 193.10 Td (which ) Tj ET Q q 0 0 0 rg BT 141.08 193.10 Td (we ) Tj ET Q q 0 0 0 rg BT 155.40 193.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 176.94 193.10 Td (to ) Tj ET Q q 0 0 0 rg BT 187.38 193.10 Td (as ) Tj ET Q q 0 0 0 rg BT 198.38 193.10 Td (Directives, ) Tj ET Q q 0 0 0 rg BT 253.51 193.10 Td (that ) Tj ET Q q 0 0 0 rg BT 271.17 193.10 Td (require ) Tj ET Q q 0 0 0 rg BT 302.16 193.10 Td (the ) Tj ET Q q 0 0 0 rg BT 317.04 193.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 333.04 193.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 369.58 193.10 Td (States ) Tj ET Q q 0 0 0 rg BT 396.13 193.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.58 193.10 Td (harmonize ) Tj ET Q q 0 0 0 rg BT 451.44 193.10 Td (their ) Tj ET Q q 0 0 0 rg BT 472.43 193.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 493.43 193.10 Td (as ) Tj ET Q q 0 0 0 rg BT 504.43 193.10 Td (well ) Tj ET Q q 0 0 0 rg BT 524.31 193.10 Td (as ) Tj ET Q q 0 0 0 rg BT 535.31 193.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 65.91 181.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 113.43 181.10 Td (that ) Tj ET Q q 0 0 0 rg BT 131.51 181.10 Td (have ) Tj ET Q q 0 0 0 rg BT 153.47 181.10 Td (ef) Tj ET Q q 0 0 0 rg BT 161.06 181.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 179.13 181.10 Td (without ) Tj ET Q q 0 0 0 rg BT 212.77 181.10 Td (any ) Tj ET Q q 0 0 0 rg BT 230.29 181.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 264.47 181.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 302.54 181.10 Td (at ) Tj ET Q q 0 0 0 rg BT 312.84 181.10 Td (the ) Tj ET Q q 0 0 0 rg BT 328.15 181.10 Td (national ) Tj ET Q q 0 0 0 rg BT 363.44 181.10 Td (level. ) Tj ET Q q 0 0 0 rg BT 388.23 181.10 Td (The ) Tj ET Q q 0 0 0 rg BT 406.87 181.10 Td (main ) Tj ET Q q 0 0 0 rg BT 429.94 181.10 Td (Directives ) Tj ET Q q 0 0 0 rg BT 474.12 181.10 Td (within ) Tj ET Q q 0 0 0 rg BT 502.76 181.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.06 181.10 Td (Regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 98.37 169.10 Td (are ) Tj ET Q q 0 0 0 rg BT 113.36 169.10 Td (the ) Tj ET Q q 0 0 0 rg BT 128.35 169.10 Td (so-called ) Tj ET Q q 0 0 0 rg BT 167.22 169.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 216.09 169.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 257.96 169.10 Td (Access ) Tj ET Q q 0 0 0 rg BT 289.06 169.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 330.92 169.10 Td (Authorisation ) Tj ET Q q 0 0 0 rg BT 388.69 169.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 431.17 169.10 Td (Universal ) Tj ET Q q 0 0 0 rg BT 472.82 169.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 505.58 169.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 548.06 169.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.10 Td (e-Privacy ) Tj ET Q q 0 0 0 rg BT 90.32 157.10 Td (Directive. ) Tj ET Q q 0 0 0 rg BT 132.34 157.10 Td (The ) Tj ET Q q 0 0 0 rg BT 150.38 157.10 Td (main ) Tj ET Q q 0 0 0 rg BT 172.88 157.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 219.81 157.10 Td (are ) Tj ET Q q 0 0 0 rg BT 234.52 157.10 Td (the ) Tj ET Q q 0 0 0 rg BT 249.24 157.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 266.17 157.10 Td (Neutrality ) Tj ET Q q 0 0 0 rg BT 309.22 157.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.16 157.10 Td (Roaming ) Tj ET Q q 0 0 0 rg BT 365.32 157.10 Td (Regulations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 135.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.32 135.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 132.02 135.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 180.40 135.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 219.88 135.10 Td (seeks ) Tj ET Q q 0 0 0 rg BT 243.81 135.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.86 135.10 Td (create ) Tj ET Q q 0 0 0 rg BT 280.00 135.10 Td (an ) Tj ET Q q 0 0 0 rg BT 291.71 135.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 324.52 135.10 Td (market ) Tj ET Q q 0 0 0 rg BT 354.56 135.10 Td (for ) Tj ET Q q 0 0 0 rg BT 368.49 135.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 410.18 135.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 474.66 135.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 513.59 135.10 Td (and ) Tj ET Q q 0 0 0 rg BT 530.30 135.10 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.10 Td (within ) Tj ET Q q 0 0 0 rg BT 77.30 123.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.76 123.10 Td (EU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.09 123.10 Td (. ) Tj ET Q q 0 0 0 rg BT 109.83 123.10 Td (It ) Tj ET Q q 0 0 0 rg BT 118.18 123.10 Td (harmonizes ) Tj ET Q q 0 0 0 rg BT 166.52 123.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.98 123.10 Td (rules ) Tj ET Q q 0 0 0 rg BT 202.66 123.10 Td (within ) Tj ET Q q 0 0 0 rg BT 230.46 123.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.92 123.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 260.49 123.10 Td (for ) Tj ET Q q 0 0 0 rg BT 274.39 123.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.85 123.10 Td (establishment ) Tj ET Q q 0 0 0 rg BT 346.09 123.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.77 123.10 Td (operation ) Tj ET Q q 0 0 0 rg BT 402.77 123.10 Td (of ) Tj ET Q q 0 0 0 rg BT 413.35 123.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 455.01 123.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 523.35 123.10 Td (networks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 111.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.24 111.10 Td (the ) Tj ET Q q 0 0 0 rg BT 82.77 111.10 Td (of) Tj ET Q q 0 0 0 rg BT 90.92 111.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 105.32 111.10 Td (of ) Tj ET Q q 0 0 0 rg BT 116.96 111.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 159.68 111.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 229.08 111.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 267.10 111.10 Td (such ) Tj ET Q q 0 0 0 rg BT 288.73 111.10 Td (as ) Tj ET Q q 0 0 0 rg BT 300.37 111.10 Td (telephony) Tj ET Q q 0 0 0 rg BT 339.15 111.10 Td (, ) Tj ET Q q 0 0 0 rg BT 344.96 111.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 378.81 111.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 399.05 111.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.13 111.10 Td (some ) Tj ET Q q 0 0 0 rg BT 434.55 111.10 Td (degree, ) Tj ET Q q 0 0 0 rg BT 467.00 111.10 Td (television ) Tj ET Q q 0 0 0 rg BT 509.19 111.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 546.96 111.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 96.43 99.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 145.03 99.10 Td (does ) Tj ET Q q 0 0 0 rg BT 165.86 99.10 Td (not ) Tj ET Q q 0 0 0 rg BT 181.14 99.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 220.84 99.10 Td (address ) Tj ET Q q 0 0 0 rg BT 253.33 99.10 Td (issues ) Tj ET Q q 0 0 0 rg BT 279.72 99.10 Td (of ) Tj ET Q q 0 0 0 rg BT 290.55 99.10 Td (content. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 77.10 Td (On ) Tj ET Q q 0 0 0 rg BT 82.25 77.10 Td (May ) Tj ET Q q 0 0 0 rg BT 103.11 77.10 Td (6, ) Tj ET Q q 0 0 0 rg BT 113.14 77.10 Td (2015, ) Tj ET Q q 0 0 0 rg BT 138.17 77.10 Td (the ) Tj ET Q q 0 0 0 rg BT 152.92 77.10 Td (European ) Tj ET Q q 0 0 0 rg BT 193.77 77.10 Td (Commission ) Tj ET Q q 0 0 0 rg BT 246.87 77.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.20 77.10 Td (EC\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.95 77.10 Td (published ) Tj ET Q q 0 0 0 rg BT 311.37 77.10 Td (its ) Tj ET Q q 0 0 0 rg BT 323.34 77.10 Td (Digital ) Tj ET Q q 0 0 0 rg BT 353.65 77.10 Td (Single ) Tj ET Q q 0 0 0 rg BT 381.74 77.10 Td (Market ) Tj ET Q q 0 0 0 rg BT 413.14 77.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 447.33 77.10 Td (document. ) Tj ET Q q 0 0 0 rg BT 491.61 77.10 Td (The ) Tj ET Q q 0 0 0 rg BT 509.69 77.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 543.88 77.10 Td (is ) Tj ET Q q 0 0 0 rg BT 553.08 77.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (aggregation ) Tj ET Q q 0 0 0 rg BT 98.52 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.67 65.10 Td (many ) Tj ET Q q 0 0 0 rg BT 132.71 65.10 Td (dif) Tj ET Q q 0 0 0 rg BT 143.64 65.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 168.77 65.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 195.59 65.10 Td (areas ) Tj ET Q q 0 0 0 rg BT 217.95 65.10 Td (with ) Tj ET Q q 0 0 0 rg BT 237.54 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 251.58 65.10 Td (purpose ) Tj ET Q q 0 0 0 rg BT 285.06 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.21 65.10 Td (creating ) Tj ET Q q 0 0 0 rg BT 329.24 65.10 Td (a ) Tj ET Q q 0 0 0 rg BT 335.49 65.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 362.87 65.10 Td (single ) Tj ET Q q 0 0 0 rg BT 388.57 65.10 Td (market ) Tj ET Q q 0 0 0 rg BT 418.16 65.10 Td (to ) Tj ET Q q 0 0 0 rg BT 427.76 65.10 Td (expand ) Tj ET Q q 0 0 0 rg BT 458.45 65.10 Td (jobs ) Tj ET Q q 0 0 0 rg BT 476.94 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.20 65.10 Td (stimulate ) Tj ET Q q 0 0 0 rg BT 531.68 65.10 Td (growth. ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.59 713.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 101.79 713.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 137.66 713.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 165.20 713.10 Td (review ) Tj ET Q q 0 0 0 rg BT 194.96 713.10 Td (in ) Tj ET Q q 0 0 0 rg BT 205.28 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.04 713.10 Td (areas ) Tj ET Q q 0 0 0 rg BT 243.13 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.00 713.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 269.88 713.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 338.52 713.10 Td (regulation, ) Tj ET Q q 0 0 0 rg BT 384.11 713.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 437.75 713.10 Td (law) Tj ET Q q 0 0 0 rg BT 451.54 713.10 Td (, ) Tj ET Q q 0 0 0 rg BT 456.58 713.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 497.45 713.10 Td (reform ) Tj ET Q q 0 0 0 rg BT 527.20 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 544.19 713.10 Td (anti-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 99.21 701.10 Td (geo-blocking ) Tj ET Q q 0 0 0 rg BT 154.47 701.10 Td (practices. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 679.10 Td (On ) Tj ET Q q 0 0 0 rg BT 81.56 679.10 Td (September ) Tj ET Q q 0 0 0 rg BT 126.16 679.10 Td (14, ) Tj ET Q q 0 0 0 rg BT 140.50 679.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 162.33 679.10 Td (the ) Tj ET Q q 0 0 0 rg BT 176.39 679.10 Td (EC ) Tj ET Q q 0 0 0 rg BT 191.00 679.10 Td (published ) Tj ET Q q 0 0 0 rg BT 231.73 679.10 Td (a ) Tj ET Q q 0 0 0 rg BT 238.00 679.10 Td (proposal ) Tj ET Q q 0 0 0 rg BT 274.28 679.10 Td (for ) Tj ET Q q 0 0 0 rg BT 287.78 679.10 Td (the ) Tj ET Q q 0 0 0 rg BT 301.83 679.10 Td (European ) Tj ET Q q 0 0 0 rg BT 341.99 679.10 Td (Electronic ) Tj ET Q q 0 0 0 rg BT 384.91 679.10 Td (Communications ) Tj ET Q q 0 0 0 rg BT 455.08 679.10 Td (Code, ) Tj ET Q q 0 0 0 rg BT 480.52 679.10 Td (which ) Tj ET Q q 0 0 0 rg BT 506.80 679.10 Td (would ) Tj ET Q q 0 0 0 rg BT 533.64 679.10 Td (replace ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.71 667.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 110.13 667.10 Td (Framework. ) Tj ET Q q 0 0 0 rg BT 160.57 667.10 Td (The ) Tj ET Q q 0 0 0 rg BT 178.11 667.10 Td (proposal ) Tj ET Q q 0 0 0 rg BT 214.54 667.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 259.28 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 273.49 667.10 Td (need ) Tj ET Q q 0 0 0 rg BT 294.36 667.10 Td (for ) Tj ET Q q 0 0 0 rg BT 308.01 667.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 337.75 667.10 Td (incentives ) Tj ET Q q 0 0 0 rg BT 380.28 667.10 Td (to ) Tj ET Q q 0 0 0 rg BT 390.05 667.10 Td (boost ) Tj ET Q q 0 0 0 rg BT 413.71 667.10 Td (private ) Tj ET Q q 0 0 0 rg BT 443.46 667.10 Td (sector ) Tj ET Q q 0 0 0 rg BT 469.33 667.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 515.20 667.10 Td (in ) Tj ET Q q 0 0 0 rg BT 524.97 667.10 Td (very ) Tj ET Q q 0 0 0 rg BT 544.73 667.10 Td (high ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 84.82 655.10 Td (networks. ) Tj ET Q q 0 0 0 rg BT 125.85 655.10 Td (The ) Tj ET Q q 0 0 0 rg BT 143.41 655.10 Td (proposal ) Tj ET Q q 0 0 0 rg BT 179.86 655.10 Td (maintains ) Tj ET Q q 0 0 0 rg BT 220.75 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 234.98 655.10 Td (key ) Tj ET Q q 0 0 0 rg BT 251.43 655.10 Td (elements ) Tj ET Q q 0 0 0 rg BT 288.98 655.10 Td (of ) Tj ET Q q 0 0 0 rg BT 299.33 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.55 655.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 360.00 655.10 Td (Framework, ) Tj ET Q q 0 0 0 rg BT 410.61 655.10 Td (notably ) Tj ET Q q 0 0 0 rg BT 442.62 655.10 Td (market ) Tj ET Q q 0 0 0 rg BT 472.39 655.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 506.62 655.10 Td (with ) Tj ET Q q 0 0 0 rg BT 526.41 655.10 Td (remedies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.10 Td (only ) Tj ET Q q 0 0 0 rg BT 69.69 643.10 Td (being ) Tj ET Q q 0 0 0 rg BT 94.32 643.10 Td (imposed ) Tj ET Q q 0 0 0 rg BT 130.62 643.10 Td (on ) Tj ET Q q 0 0 0 rg BT 143.03 643.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 182.64 643.10 Td (with ) Tj ET Q q 0 0 0 rg BT 202.83 643.10 Td (Significant ) Tj ET Q q 0 0 0 rg BT 249.13 643.10 Td (Market ) Tj ET Q q 0 0 0 rg BT 280.42 643.10 Td (Power) Tj ET Q q 0 0 0 rg BT 305.42 643.10 Td (. ) Tj ET Q q 0 0 0 rg BT 310.15 643.10 Td (The ) Tj ET Q q 0 0 0 rg BT 328.11 643.10 Td (European ) Tj ET Q q 0 0 0 rg BT 368.84 643.10 Td (Council ) Tj ET Q q 0 0 0 rg BT 402.91 643.10 Td (and ) Tj ET Q q 0 0 0 rg BT 419.76 643.10 Td (European ) Tj ET Q q 0 0 0 rg BT 460.49 643.10 Td (Parliament ) Tj ET Q q 0 0 0 rg BT 506.22 643.10 Td (are ) Tj ET Q q 0 0 0 rg BT 520.84 643.10 Td (discussing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.10 Td (other ) Tj ET Q q 0 0 0 rg BT 72.34 631.10 Td (forms ) Tj ET Q q 0 0 0 rg BT 97.96 631.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.58 631.10 Td (access ) Tj ET Q q 0 0 0 rg BT 136.40 631.10 Td (- ) Tj ET Q q 0 0 0 rg BT 142.02 631.10 Td (extending ) Tj ET Q q 0 0 0 rg BT 183.75 631.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.25 631.10 Td (system ) Tj ET Q q 0 0 0 rg BT 228.32 631.10 Td (of ) Tj ET Q q 0 0 0 rg BT 238.94 631.10 Td (symmetrical ) Tj ET Q q 0 0 0 rg BT 290.66 631.10 Td (access ) Tj ET Q q 0 0 0 rg BT 318.49 631.10 Td (powers ) Tj ET Q q 0 0 0 rg BT 349.66 631.10 Td (and ) Tj ET Q q 0 0 0 rg BT 366.39 631.10 Td (the ) Tj ET Q q 0 0 0 rg BT 380.90 631.10 Td (notion ) Tj ET Q q 0 0 0 rg BT 408.74 631.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.36 631.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 439.99 631.10 Td (Significant ) Tj ET Q q 0 0 0 rg BT 486.16 631.10 Td (Market ) Tj ET Q q 0 0 0 rg BT 517.33 631.10 Td (Power) Tj ET Q q 0 0 0 rg BT 542.33 631.10 Td (. ) Tj ET Q q 0 0 0 rg BT 546.95 631.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.10 Td (proposal ) Tj ET Q q 0 0 0 rg BT 86.27 619.10 Td (captures ) Tj ET Q q 0 0 0 rg BT 121.91 619.10 Td (all ) Tj ET Q q 0 0 0 rg BT 134.23 619.10 Td (types ) Tj ET Q q 0 0 0 rg BT 157.66 619.10 Td (of ) Tj ET Q q 0 0 0 rg BT 168.32 619.10 Td (services ) Tj ET Q q 0 0 0 rg BT 202.85 619.10 Td (that ) Tj ET Q q 0 0 0 rg BT 220.18 619.10 Td (are ) Tj ET Q q 0 0 0 rg BT 234.71 619.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 269.24 619.10 Td (to ) Tj ET Q q 0 0 0 rg BT 279.34 619.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 326.94 619.10 Td (not ) Tj ET Q q 0 0 0 rg BT 342.04 619.10 Td (only ) Tj ET Q q 0 0 0 rg BT 362.15 619.10 Td (the ) Tj ET Q q 0 0 0 rg BT 376.69 619.10 Td (traditional ) Tj ET Q q 0 0 0 rg BT 420.12 619.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 461.86 619.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 530.29 619.10 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.21 607.10 Td (captured ) Tj ET Q q 0 0 0 rg BT 97.01 607.10 Td (under ) Tj ET Q q 0 0 0 rg BT 122.16 607.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.76 607.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 183.57 607.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 232.05 607.10 Td (but ) Tj ET Q q 0 0 0 rg BT 247.21 607.10 Td (also ) Tj ET Q q 0 0 0 rg BT 265.70 607.10 Td (OTT) Tj ET Q q 0 0 0 rg BT 284.96 607.10 Td ( ) Tj ET Q q 0 0 0 rg BT 287.34 607.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 324.25 607.10 Td (The ) Tj ET Q q 0 0 0 rg BT 342.18 607.10 Td (proposal ) Tj ET Q q 0 0 0 rg BT 379.00 607.10 Td (brings ) Tj ET Q q 0 0 0 rg BT 406.38 607.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 436.52 607.10 Td (harmonization ) Tj ET Q q 0 0 0 rg BT 496.65 607.10 Td (to ) Tj ET Q q 0 0 0 rg BT 506.81 607.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.41 607.10 Td (timetables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 595.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.48 595.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 102.46 595.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 140.88 595.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.64 595.10 Td (renewal ) Tj ET Q q 0 0 0 rg BT 191.61 595.10 Td (that ) Tj ET Q q 0 0 0 rg BT 208.92 595.10 Td (will ) Tj ET Q q 0 0 0 rg BT 226.80 595.10 Td (encourage ) Tj ET Q q 0 0 0 rg BT 270.21 595.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 316.41 595.10 Td (in ) Tj ET Q q 0 0 0 rg BT 326.51 595.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 356.60 595.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 395.58 595.10 Td (and ) Tj ET Q q 0 0 0 rg BT 412.34 595.10 Td (will ) Tj ET Q q 0 0 0 rg BT 430.22 595.10 Td (result ) Tj ET Q q 0 0 0 rg BT 454.76 595.10 Td (in ) Tj ET Q q 0 0 0 rg BT 464.86 595.10 Td (more ) Tj ET Q q 0 0 0 rg BT 487.72 595.10 Td (advanced ) Tj ET Q q 0 0 0 rg BT 527.80 595.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 565.00 595.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (Following ) Tj ET Q q 0 0 0 rg BT 92.92 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 107.43 583.10 Td (negotiations ) Tj ET Q q 0 0 0 rg BT 158.61 583.10 Td (among ) Tj ET Q q 0 0 0 rg BT 188.13 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 202.64 583.10 Td (EC, ) Tj ET Q q 0 0 0 rg BT 220.22 583.10 Td (European ) Tj ET Q q 0 0 0 rg BT 260.84 583.10 Td (Council ) Tj ET Q q 0 0 0 rg BT 294.80 583.10 Td (and ) Tj ET Q q 0 0 0 rg BT 311.54 583.10 Td (European ) Tj ET Q q 0 0 0 rg BT 352.15 583.10 Td (Parliament ) Tj ET Q q 0 0 0 rg BT 397.77 583.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 441.71 583.10 Td (was ) Tj ET Q q 0 0 0 rg BT 459.56 583.10 Td (reached ) Tj ET Q q 0 0 0 rg BT 492.94 583.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.68 583.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.20 583.10 Td (European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (Electronic ) Tj ET Q q 0 0 0 rg BT 92.83 571.10 Td (Communications ) Tj ET Q q 0 0 0 rg BT 163.41 571.10 Td (Code ) Tj ET Q q 0 0 0 rg BT 186.76 571.10 Td (has ) Tj ET Q q 0 0 0 rg BT 202.33 571.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 234.00 571.10 Td (into ) Tj ET Q q 0 0 0 rg BT 251.80 571.10 Td (force ) Tj ET Q q 0 0 0 rg BT 274.58 571.10 Td (on ) Tj ET Q q 0 0 0 rg BT 286.82 571.10 Td (December ) Tj ET Q q 0 0 0 rg BT 330.15 571.10 Td (20, ) Tj ET Q q 0 0 0 rg BT 344.90 571.10 Td (2018. ) Tj ET Q q 0 0 0 rg BT 369.64 571.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 405.76 571.10 Td (states ) Tj ET Q q 0 0 0 rg BT 430.22 571.10 Td (have ) Tj ET Q q 0 0 0 rg BT 451.34 571.10 Td (until ) Tj ET Q q 0 0 0 rg BT 471.92 571.10 Td (December ) Tj ET Q q 0 0 0 rg BT 515.25 571.10 Td (21, ) Tj ET Q q 0 0 0 rg BT 529.99 571.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 554.73 571.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.10 Td (transpose ) Tj ET Q q 0 0 0 rg BT 89.77 559.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.49 559.10 Td (EECC ) Tj ET Q q 0 0 0 rg BT 132.54 559.10 Td (into ) Tj ET Q q 0 0 0 rg BT 150.60 559.10 Td (national ) Tj ET Q q 0 0 0 rg BT 185.31 559.10 Td (law) Tj ET Q q 0 0 0 rg BT 199.10 559.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 537.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.21 537.10 Td (operation ) Tj ET Q q 0 0 0 rg BT 125.15 537.10 Td (of ) Tj ET Q q 0 0 0 rg BT 135.64 537.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 188.91 537.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 227.73 537.10 Td (and ) Tj ET Q q 0 0 0 rg BT 244.34 537.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.73 537.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 307.01 537.10 Td (of ) Tj ET Q q 0 0 0 rg BT 317.50 537.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 370.77 537.10 Td (signals ) Tj ET Q q 0 0 0 rg BT 400.71 537.10 Td (by ) Tj ET Q q 0 0 0 rg BT 412.88 537.10 Td (a ) Tj ET Q q 0 0 0 rg BT 419.49 537.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 442.75 537.10 Td (operator ) Tj ET Q q 0 0 0 rg BT 478.23 537.10 Td (falls ) Tj ET Q q 0 0 0 rg BT 497.62 537.10 Td (within ) Tj ET Q q 0 0 0 rg BT 525.34 537.10 Td (the ) Tj ET Q q 0 0 0 rg BT 539.73 537.10 Td (scope ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.06 525.10 Td (the ) Tj ET Q q 0 0 0 rg BT 76.50 525.10 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 124.16 525.10 Td (Framework. ) Tj ET Q q 0 0 0 rg BT 175.75 525.10 Td (The ) Tj ET Q q 0 0 0 rg BT 194.53 525.10 Td (content ) Tj ET Q q 0 0 0 rg BT 227.19 525.10 Td (related ) Tj ET Q q 0 0 0 rg BT 257.61 525.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 296.94 525.10 Td (of ) Tj ET Q q 0 0 0 rg BT 308.50 525.10 Td (a ) Tj ET Q q 0 0 0 rg BT 316.16 525.10 Td (broadcaster ) Tj ET Q q 0 0 0 rg BT 365.47 525.10 Td (are ) Tj ET Q q 0 0 0 rg BT 380.91 525.10 Td (harmonized ) Tj ET Q q 0 0 0 rg BT 431.33 525.10 Td (by ) Tj ET Q q 0 0 0 rg BT 444.56 525.10 Td (other ) Tj ET Q q 0 0 0 rg BT 468.33 525.10 Td (elements ) Tj ET Q q 0 0 0 rg BT 507.10 525.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.66 525.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 535.22 525.10 Td (law) Tj ET Q q 0 0 0 rg BT 549.00 525.10 Td (, ) Tj ET Q q 0 0 0 rg BT 554.73 525.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 90.43 513.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.69 513.10 Td (Audiovisual ) Tj ET Q q 0 0 0 rg BT 156.19 513.10 Td (Media ) Tj ET Q q 0 0 0 rg BT 184.36 513.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 220.85 513.10 Td (Directive ) Tj ET Q q 0 0 0 rg BT 260.67 513.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.00 513.10 Td (A) Tj ET Q q 0 0 0 rg BT 269.94 513.10 Td (VMS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.16 513.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 300.42 513.10 Td (The ) Tj ET Q q 0 0 0 rg BT 318.00 513.10 Td (A) Tj ET Q q 0 0 0 rg BT 323.94 513.10 Td (VMS, ) Tj ET Q q 0 0 0 rg BT 350.73 513.10 Td (which ) Tj ET Q q 0 0 0 rg BT 377.79 513.10 Td (was ) Tj ET Q q 0 0 0 rg BT 395.96 513.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 430.23 513.10 Td (on ) Tj ET Q q 0 0 0 rg BT 442.85 513.10 Td (December ) Tj ET Q q 0 0 0 rg BT 486.55 513.10 Td (1) Tj ET Q q 0 0 0 rg BT 491.18 513.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 501.30 513.10 Td (2007, ) Tj ET Q q 0 0 0 rg BT 526.42 513.10 Td (amended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.02 501.10 Td (EU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.35 501.10 Td () Tj ET Q q 0 0 0 rg BT 80.12 501.10 Td (s ) Tj ET Q q 0 0 0 rg BT 86.31 501.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 120.11 501.10 Td (T) Tj ET Q q 0 0 0 rg BT 125.52 501.10 Td (elevision ) Tj ET Q q 0 0 0 rg BT 163.76 501.10 Td (W) Tj ET Q q 0 0 0 rg BT 172.80 501.10 Td (ithout ) Tj ET Q q 0 0 0 rg BT 198.43 501.10 Td (Frontiers ) Tj ET Q q 0 0 0 rg BT 236.84 501.10 Td (Directive ) Tj ET Q q 0 0 0 rg BT 276.34 501.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.67 501.10 Td (TVWF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.67 501.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 317.63 501.10 Td (The ) Tj ET Q q 0 0 0 rg BT 334.97 501.10 Td (A) Tj ET Q q 0 0 0 rg BT 340.90 501.10 Td (VMS ) Tj ET Q q 0 0 0 rg BT 364.88 501.10 Td (has ) Tj ET Q q 0 0 0 rg BT 380.50 501.10 Td (been ) Tj ET Q q 0 0 0 rg BT 401.68 501.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 456.19 501.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.26 501.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.78 501.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 531.39 501.10 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.93 489.10 Td (DMA. ) Tj ET Q q 0 0 0 rg BT 93.99 489.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 122.19 489.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.92 489.10 Td (A) Tj ET Q q 0 0 0 rg BT 142.85 489.10 Td (VMS, ) Tj ET Q q 0 0 0 rg BT 170.24 489.10 Td (broadcasts ) Tj ET Q q 0 0 0 rg BT 215.66 489.10 Td (originating ) Tj ET Q q 0 0 0 rg BT 262.76 489.10 Td (in ) Tj ET Q q 0 0 0 rg BT 273.76 489.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.41 489.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 329.06 489.10 Td (for ) Tj ET Q q 0 0 0 rg BT 343.94 489.10 Td (reception ) Tj ET Q q 0 0 0 rg BT 384.36 489.10 Td (within ) Tj ET Q q 0 0 0 rg BT 413.13 489.10 Td (an ) Tj ET Q q 0 0 0 rg BT 425.79 489.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 442.33 489.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 479.43 489.10 Td (State ) Tj ET Q q 0 0 0 rg BT 502.64 489.10 Td (must ) Tj ET Q q 0 0 0 rg BT 525.31 489.10 Td (generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 80.40 477.10 Td (the ) Tj ET Q q 0 0 0 rg BT 95.19 477.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 116.10 477.10 Td (of ) Tj ET Q q 0 0 0 rg BT 127.01 477.10 Td (that ) Tj ET Q q 0 0 0 rg BT 144.59 477.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 181.04 477.10 Td (State. ) Tj ET Q q 0 0 0 rg BT 206.12 477.10 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 243.70 477.10 Td (to ) Tj ET Q q 0 0 0 rg BT 254.05 477.10 Td (both ) Tj ET Q q 0 0 0 rg BT 274.41 477.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.64 477.10 Td (A) Tj ET Q q 0 0 0 rg BT 294.57 477.10 Td (VMS ) Tj ET Q q 0 0 0 rg BT 318.83 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 335.66 477.10 Td (TVWF) Tj ET Q q 0 0 0 rg BT 363.19 477.10 Td (, ) Tj ET Q q 0 0 0 rg BT 368.27 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 385.28 477.10 Td (in ) Tj ET Q q 0 0 0 rg BT 395.64 477.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 443.18 477.10 Td (with ) Tj ET Q q 0 0 0 rg BT 463.54 477.10 Td (what ) Tj ET Q q 0 0 0 rg BT 485.56 477.10 Td (is ) Tj ET Q q 0 0 0 rg BT 494.81 477.10 Td (referred ) Tj ET Q q 0 0 0 rg BT 529.02 477.10 Td (to ) Tj ET Q q 0 0 0 rg BT 539.38 477.10 Td (as ) Tj ET Q q 0 0 0 rg BT 550.29 477.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 465.10 Td (country ) Tj ET Q q 0 0 0 rg BT 86.96 465.10 Td (of ) Tj ET Q q 0 0 0 rg BT 97.76 465.10 Td (origin ) Tj ET Q q 0 0 0 rg BT 124.13 465.10 Td (principle, ) Tj ET Q q 0 0 0 rg BT 169.08 465.10 Td (an ) Tj ET Q q 0 0 0 rg BT 180.99 465.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 196.80 465.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 233.15 465.10 Td (State ) Tj ET Q q 0 0 0 rg BT 255.62 465.10 Td (must ) Tj ET Q q 0 0 0 rg BT 277.54 465.10 Td (furthermore ) Tj ET Q q 0 0 0 rg BT 327.77 465.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 352.46 465.10 Td (within ) Tj ET Q q 0 0 0 rg BT 380.49 465.10 Td (its ) Tj ET Q q 0 0 0 rg BT 392.42 465.10 Td (territory ) Tj ET Q q 0 0 0 rg BT 427.66 465.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.35 465.10 Td (free ) Tj ET Q q 0 0 0 rg BT 460.36 465.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 513.39 465.10 Td (of ) Tj ET Q q 0 0 0 rg BT 524.19 465.10 Td (broadcast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.10 Td (signals ) Tj ET Q q 0 0 0 rg BT 79.81 453.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.67 453.10 Td (a ) Tj ET Q q 0 0 0 rg BT 97.64 453.10 Td (broadcaster ) Tj ET Q q 0 0 0 rg BT 146.25 453.10 Td (established ) Tj ET Q q 0 0 0 rg BT 193.22 453.10 Td (in ) Tj ET Q q 0 0 0 rg BT 203.53 453.10 Td (another ) Tj ET Q q 0 0 0 rg BT 236.04 453.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 251.90 453.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 288.31 453.10 Td (State ) Tj ET Q q 0 0 0 rg BT 310.84 453.10 Td (so ) Tj ET Q q 0 0 0 rg BT 322.26 453.10 Td (long ) Tj ET Q q 0 0 0 rg BT 342.57 453.10 Td (as ) Tj ET Q q 0 0 0 rg BT 353.43 453.10 Td (such ) Tj ET Q q 0 0 0 rg BT 374.29 453.10 Td (broadcaster ) Tj ET Q q 0 0 0 rg BT 422.91 453.10 Td (complies ) Tj ET Q q 0 0 0 rg BT 461.54 453.10 Td (with ) Tj ET Q q 0 0 0 rg BT 481.85 453.10 Td (the ) Tj ET Q q 0 0 0 rg BT 496.60 453.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 517.46 453.10 Td (of ) Tj ET Q q 0 0 0 rg BT 528.32 453.10 Td (its ) Tj ET Q q 0 0 0 rg BT 540.30 453.10 Td (home ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 441.10 Td (state. ) Tj ET Q q 0 0 0 rg BT 71.91 441.10 Td (The ) Tj ET Q q 0 0 0 rg BT 88.79 441.10 Td (A) Tj ET Q q 0 0 0 rg BT 94.73 441.10 Td (VMS ) Tj ET Q q 0 0 0 rg BT 118.11 441.10 Td (also ) Tj ET Q q 0 0 0 rg BT 135.93 441.10 Td (establishes ) Tj ET Q q 0 0 0 rg BT 180.97 441.10 Td (quotas ) Tj ET Q q 0 0 0 rg BT 208.79 441.10 Td (for ) Tj ET Q q 0 0 0 rg BT 222.16 441.10 Td (the ) Tj ET Q q 0 0 0 rg BT 236.09 441.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 288.36 441.10 Td (of ) Tj ET Q q 0 0 0 rg BT 298.40 441.10 Td (European ) Tj ET Q q 0 0 0 rg BT 338.42 441.10 Td (produced ) Tj ET Q q 0 0 0 rg BT 377.34 441.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 433.49 441.10 Td (and ) Tj ET Q q 0 0 0 rg BT 449.64 441.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 489.12 441.10 Td (made ) Tj ET Q q 0 0 0 rg BT 512.48 441.10 Td (by ) Tj ET Q q 0 0 0 rg BT 524.20 441.10 Td (European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.10 Td (producers ) Tj ET Q q 0 0 0 rg BT 91.43 429.10 Td (who ) Tj ET Q q 0 0 0 rg BT 111.15 429.10 Td (are ) Tj ET Q q 0 0 0 rg BT 125.86 429.10 Td (independent ) Tj ET Q q 0 0 0 rg BT 177.23 429.10 Td (of ) Tj ET Q q 0 0 0 rg BT 188.06 429.10 Td (broadcasters. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.67 407.10 Td (Netherlands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 385.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.94 385.10 Td (DT) Tj ET Q q 0 0 0 rg BT 98.47 385.10 Td (A) Tj ET Q q 0 0 0 rg BT 105.14 385.10 Td ( ) Tj ET Q q 0 0 0 rg BT 108.04 385.10 Td (comprises ) Tj ET Q q 0 0 0 rg BT 151.49 385.10 Td (a ) Tj ET Q q 0 0 0 rg BT 158.82 385.10 Td (wide ) Tj ET Q q 0 0 0 rg BT 181.16 385.10 Td (variety ) Tj ET Q q 0 0 0 rg BT 211.82 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.05 385.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 248.73 385.10 Td (and ) Tj ET Q q 0 0 0 rg BT 266.06 385.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 313.40 385.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 348.50 385.10 Td (to ) Tj ET Q q 0 0 0 rg BT 359.18 385.10 Td (the ) Tj ET Q q 0 0 0 rg BT 374.29 385.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 414.97 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.20 385.10 Td (public ) Tj ET Q q 0 0 0 rg BT 454.09 385.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 496.41 385.10 Td (communications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 88.58 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 105.45 373.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 142.58 373.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 174.43 373.10 Td (key ) Tj ET Q q 0 0 0 rg BT 191.29 373.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 235.39 373.10 Td (included ) Tj ET Q q 0 0 0 rg BT 272.24 373.10 Td (in ) Tj ET Q q 0 0 0 rg BT 282.45 373.10 Td (the ) Tj ET Q q 0 0 0 rg BT 297.09 373.10 Td (DT) Tj ET Q q 0 0 0 rg BT 309.62 373.10 Td (A) Tj ET Q q 0 0 0 rg BT 316.29 373.10 Td ( ) Tj ET Q q 0 0 0 rg BT 318.71 373.10 Td (are ) Tj ET Q q 0 0 0 rg BT 333.34 373.10 Td (described ) Tj ET Q q 0 0 0 rg BT 374.08 373.10 Td (below) Tj ET Q q 0 0 0 rg BT 397.87 373.10 Td (, ) Tj ET Q q 0 0 0 rg BT 402.79 373.10 Td (but ) Tj ET Q q 0 0 0 rg BT 417.99 373.10 Td (this ) Tj ET Q q 0 0 0 rg BT 434.86 373.10 Td (description ) Tj ET Q q 0 0 0 rg BT 481.72 373.10 Td (is ) Tj ET Q q 0 0 0 rg BT 490.81 373.10 Td (not ) Tj ET Q q 0 0 0 rg BT 506.02 373.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 542.87 373.10 Td (to ) Tj ET Q q 0 0 0 rg BT 553.07 373.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.44 361.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 119.47 361.10 Td (description ) Tj ET Q q 0 0 0 rg BT 166.40 361.10 Td (of ) Tj ET Q q 0 0 0 rg BT 177.23 361.10 Td (all ) Tj ET Q q 0 0 0 rg BT 189.73 361.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 236.66 361.10 Td (in ) Tj ET Q q 0 0 0 rg BT 246.94 361.10 Td (this ) Tj ET Q q 0 0 0 rg BT 263.89 361.10 Td (area. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 339.10 Td (Licensing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 317.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.70 317.10 Td (DT) Tj ET Q q 0 0 0 rg BT 98.23 317.10 Td (A) Tj ET Q q 0 0 0 rg BT 104.90 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 107.56 317.10 Td (contains ) Tj ET Q q 0 0 0 rg BT 143.54 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 150.63 317.10 Td (system ) Tj ET Q q 0 0 0 rg BT 181.07 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 192.06 317.10 Td (general ) Tj ET Q q 0 0 0 rg BT 224.14 317.10 Td (authorizations. ) Tj ET Q q 0 0 0 rg BT 285.36 317.10 Td (A) Tj ET Q q 0 0 0 rg BT 292.03 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 294.68 317.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 331.22 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 342.20 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 349.30 317.10 Td (public ) Tj ET Q q 0 0 0 rg BT 376.95 317.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 419.02 317.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 487.78 317.10 Td (network ) Tj ET Q q 0 0 0 rg BT 523.20 317.10 Td (or ) Tj ET Q q 0 0 0 rg BT 534.19 317.10 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (needs ) Tj ET Q q 0 0 0 rg BT 74.53 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 84.56 305.10 Td (notify ) Tj ET Q q 0 0 0 rg BT 110.71 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.68 305.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 149.72 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.31 305.10 Td (its ) Tj ET Q q 0 0 0 rg BT 172.01 305.10 Td (network ) Tj ET Q q 0 0 0 rg BT 207.04 305.10 Td (or ) Tj ET Q q 0 0 0 rg BT 217.63 305.10 Td (service,who ) Tj ET Q q 0 0 0 rg BT 270.42 305.10 Td (will ) Tj ET Q q 0 0 0 rg BT 288.24 305.10 Td (register ) Tj ET Q q 0 0 0 rg BT 320.48 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.95 305.10 Td (notification. ) Tj ET Q q 0 0 0 rg BT 385.65 305.10 Td (The ) Tj ET Q q 0 0 0 rg BT 403.45 305.10 Td (purpose ) Tj ET Q q 0 0 0 rg BT 437.37 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 447.95 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 462.43 305.10 Td (notification ) Tj ET Q q 0 0 0 rg BT 510.78 305.10 Td (is ) Tj ET Q q 0 0 0 rg BT 519.71 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.75 305.10 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (transparency ) Tj ET Q q 0 0 0 rg BT 103.08 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 120.02 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.30 293.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 158.90 293.10 Td (ef) Tj ET Q q 0 0 0 rg BT 166.49 293.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 196.19 293.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 239.23 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 256.17 293.10 Td (does ) Tj ET Q q 0 0 0 rg BT 277.00 293.10 Td (not ) Tj ET Q q 0 0 0 rg BT 292.28 293.10 Td (constitute ) Tj ET Q q 0 0 0 rg BT 333.66 293.10 Td (a ) Tj ET Q q 0 0 0 rg BT 340.60 293.10 Td (formal ) Tj ET Q q 0 0 0 rg BT 369.75 293.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 410.03 293.10 Td (for ) Tj ET Q q 0 0 0 rg BT 424.19 293.10 Td (market ) Tj ET Q q 0 0 0 rg BT 454.45 293.10 Td (entry) Tj ET Q q 0 0 0 rg BT 474.35 293.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 271.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.54 271.10 Td (ith ) Tj ET Q q 0 0 0 rg BT 90.08 271.10 Td (regard ) Tj ET Q q 0 0 0 rg BT 118.61 271.10 Td (to ) Tj ET Q q 0 0 0 rg BT 129.38 271.10 Td (scarce ) Tj ET Q q 0 0 0 rg BT 157.34 271.10 Td (resources ) Tj ET Q q 0 0 0 rg BT 198.09 271.10 Td (such ) Tj ET Q q 0 0 0 rg BT 219.40 271.10 Td (as ) Tj ET Q q 0 0 0 rg BT 230.72 271.10 Td (telephone ) Tj ET Q q 0 0 0 rg BT 272.58 271.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 310.01 271.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.44 271.10 Td (frequencies, ) Tj ET Q q 0 0 0 rg BT 379.01 271.10 Td (a ) Tj ET Q q 0 0 0 rg BT 386.44 271.10 Td (system ) Tj ET Q q 0 0 0 rg BT 417.20 271.10 Td (of ) Tj ET Q q 0 0 0 rg BT 428.52 271.10 Td (\(individual\) ) Tj ET Q q 0 0 0 rg BT 478.72 271.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 513.36 271.10 Td (applies. ) Tj ET Q q 0 0 0 rg BT 546.96 271.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 75.47 259.10 Td (administers ) Tj ET Q q 0 0 0 rg BT 124.76 259.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 159.60 259.10 Td (with ) Tj ET Q q 0 0 0 rg BT 180.56 259.10 Td (regard ) Tj ET Q q 0 0 0 rg BT 209.28 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 220.25 259.10 Td (telephone ) Tj ET Q q 0 0 0 rg BT 262.30 259.10 Td (numbers. ) Tj ET Q q 0 0 0 rg BT 301.72 259.10 Td (A) Tj ET Q q 0 0 0 rg BT 307.84 259.10 Td (T) Tj ET Q q 0 0 0 rg BT 313.76 259.10 Td ( ) Tj ET Q q 0 0 0 rg BT 316.95 259.10 Td (administers ) Tj ET Q q 0 0 0 rg BT 366.24 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 381.64 259.10 Td (frequency ) Tj ET Q q 0 0 0 rg BT 424.80 259.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 464.64 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 482.26 259.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 509.89 259.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 544.73 259.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (regard ) Tj ET Q q 0 0 0 rg BT 78.31 247.10 Td (to ) Tj ET Q q 0 0 0 rg BT 89.37 247.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.86 247.10 Td (use ) Tj ET Q q 0 0 0 rg BT 121.47 247.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.07 247.10 Td (frequencies. ) Tj ET Q q 0 0 0 rg BT 184.93 247.10 Td (Licenses ) Tj ET Q q 0 0 0 rg BT 223.20 247.10 Td (for ) Tj ET Q q 0 0 0 rg BT 238.13 247.10 Td (frequencies ) Tj ET Q q 0 0 0 rg BT 287.49 247.10 Td (are ) Tj ET Q q 0 0 0 rg BT 302.98 247.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 331.25 247.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 354.53 247.10 Td (application, ) Tj ET Q q 0 0 0 rg BT 404.73 247.10 Td (either ) Tj ET Q q 0 0 0 rg BT 430.77 247.10 Td (on ) Tj ET Q q 0 0 0 rg BT 444.05 247.10 Td (a ) Tj ET Q q 0 0 0 rg BT 451.77 247.10 Td (first-come-first-serve ) Tj ET Q q 0 0 0 rg BT 540.00 247.10 Td (basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (beauty ) Tj ET Q q 0 0 0 rg BT 78.38 235.10 Td (contest ) Tj ET Q q 0 0 0 rg BT 108.93 235.10 Td (or ) Tj ET Q q 0 0 0 rg BT 119.49 235.10 Td (auction. ) Tj ET Q q 0 0 0 rg BT 153.16 235.10 Td (A) Tj ET Q q 0 0 0 rg BT 159.83 235.10 Td ( ) Tj ET Q q 0 0 0 rg BT 162.06 235.10 Td (frequency ) Tj ET Q q 0 0 0 rg BT 204.26 235.10 Td (license ) Tj ET Q q 0 0 0 rg BT 234.25 235.10 Td (confers ) Tj ET Q q 0 0 0 rg BT 265.90 235.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.35 235.10 Td (right ) Tj ET Q q 0 0 0 rg BT 301.46 235.10 Td (to ) Tj ET Q q 0 0 0 rg BT 311.46 235.10 Td (use ) Tj ET Q q 0 0 0 rg BT 327.02 235.10 Td (a ) Tj ET Q q 0 0 0 rg BT 333.69 235.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 367.01 235.10 Td (set ) Tj ET Q q 0 0 0 rg BT 380.34 235.10 Td (of ) Tj ET Q q 0 0 0 rg BT 390.90 235.10 Td (frequencies ) Tj ET Q q 0 0 0 rg BT 439.21 235.10 Td (in ) Tj ET Q q 0 0 0 rg BT 449.21 235.10 Td (a ) Tj ET Q q 0 0 0 rg BT 455.88 235.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 489.20 235.10 Td (band ) Tj ET Q q 0 0 0 rg BT 510.86 235.10 Td (for ) Tj ET Q q 0 0 0 rg BT 524.75 235.10 Td (a ) Tj ET Q q 0 0 0 rg BT 531.42 235.10 Td (specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (period ) Tj ET Q q 0 0 0 rg BT 77.81 223.10 Td (of ) Tj ET Q q 0 0 0 rg BT 88.91 223.10 Td (time ) Tj ET Q q 0 0 0 rg BT 109.45 223.10 Td (and ) Tj ET Q q 0 0 0 rg BT 126.66 223.10 Td (under ) Tj ET Q q 0 0 0 rg BT 152.20 223.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 186.06 223.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 232.99 223.10 Td (such ) Tj ET Q q 0 0 0 rg BT 254.09 223.10 Td (as ) Tj ET Q q 0 0 0 rg BT 265.18 223.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 304.04 223.10 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 353.75 223.10 Td (Frequency ) Tj ET Q q 0 0 0 rg BT 398.72 223.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 433.14 223.10 Td (are ) Tj ET Q q 0 0 0 rg BT 448.12 223.10 Td (transferable ) Tj ET Q q 0 0 0 rg BT 498.08 223.10 Td (with ) Tj ET Q q 0 0 0 rg BT 518.63 223.10 Td (permission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (from ) Tj ET Q q 0 0 0 rg BT 70.84 211.10 Td (the ) Tj ET Q q 0 0 0 rg BT 84.97 211.10 Td (Minister ) Tj ET Q q 0 0 0 rg BT 120.76 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 131.00 211.10 Td (Economic ) Tj ET Q q 0 0 0 rg BT 173.02 211.10 Td (Af) Tj ET Q q 0 0 0 rg BT 183.39 211.10 Td (fairs. ) Tj ET Q q 0 0 0 rg BT 205.57 211.10 Td (In ) Tj ET Q q 0 0 0 rg BT 215.80 211.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 250.48 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 260.17 211.10 Td (one-of) Tj ET Q q 0 0 0 rg BT 286.08 211.10 Td (f ) Tj ET Q q 0 0 0 rg BT 291.32 211.10 Td (license ) Tj ET Q q 0 0 0 rg BT 320.99 211.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 341.49 211.10 Td (holders ) Tj ET Q q 0 0 0 rg BT 372.84 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 383.07 211.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 416.64 211.10 Td (have ) Tj ET Q q 0 0 0 rg BT 437.42 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 447.10 211.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 463.45 211.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 492.01 211.10 Td (supervision ) Tj ET Q q 0 0 0 rg BT 540.02 211.10 Td (costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.10 Td (based ) Tj ET Q q 0 0 0 rg BT 74.49 199.10 Td (on ) Tj ET Q q 0 0 0 rg BT 86.71 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 101.14 199.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 133.35 199.10 Td (of ) Tj ET Q q 0 0 0 rg BT 143.90 199.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 182.78 199.10 Td (held.) Tj ET Q q 0 0 0 rg BT 204.81 199.10 Td (W) Tj ET Q q 0 0 0 rg BT 213.45 199.10 Td (e ) Tj ET Q q 0 0 0 rg BT 220.11 199.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 240.10 199.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 273.98 199.10 Td (in ) Tj ET Q q 0 0 0 rg BT 283.97 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.41 199.10 Td (800, ) Tj ET Q q 0 0 0 rg BT 318.13 199.10 Td (900, ) Tj ET Q q 0 0 0 rg BT 337.84 199.10 Td (1800, ) Tj ET Q q 0 0 0 rg BT 362.56 199.10 Td (2100, ) Tj ET Q q 0 0 0 rg BT 387.28 199.10 Td (and ) Tj ET Q q 0 0 0 rg BT 403.94 199.10 Td (2600 ) Tj ET Q q 0 0 0 rg BT 426.16 199.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 448.93 199.10 Td (bands ) Tj ET Q q 0 0 0 rg BT 474.47 199.10 Td (to ) Tj ET Q q 0 0 0 rg BT 484.47 199.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 517.24 199.10 Td (2G ) Tj ET Q q 0 0 0 rg BT 531.68 199.10 Td (\(GSM\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.10 Td (3G ) Tj ET Q q 0 0 0 rg BT 64.54 187.10 Td (\(UMTS\) ) Tj ET Q q 0 0 0 rg BT 101.80 187.10 Td (and ) Tj ET Q q 0 0 0 rg BT 119.05 187.10 Td (4G ) Tj ET Q q 0 0 0 rg BT 134.09 187.10 Td (\(L) Tj ET Q q 0 0 0 rg BT 142.61 187.10 Td (TE\) ) Tj ET Q q 0 0 0 rg BT 160.97 187.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 229.89 187.10 Td (in ) Tj ET Q q 0 0 0 rg BT 240.48 187.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.52 187.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 308.95 187.10 Td (W) Tj ET Q q 0 0 0 rg BT 317.98 187.10 Td (ith ) Tj ET Q q 0 0 0 rg BT 331.36 187.10 Td (the ) Tj ET Q q 0 0 0 rg BT 346.39 187.10 Td (exception ) Tj ET Q q 0 0 0 rg BT 388.08 187.10 Td (of ) Tj ET Q q 0 0 0 rg BT 399.23 187.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.26 187.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 448.73 187.10 Td (for ) Tj ET Q q 0 0 0 rg BT 463.21 187.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.24 187.10 Td (2100 ) Tj ET Q q 0 0 0 rg BT 501.06 187.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 524.42 187.10 Td (band, ) Tj ET Q q 0 0 0 rg BT 549.18 187.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 84.35 175.10 Td (will ) Tj ET Q q 0 0 0 rg BT 103.11 175.10 Td (expire ) Tj ET Q q 0 0 0 rg BT 131.30 175.10 Td (in ) Tj ET Q q 0 0 0 rg BT 142.27 175.10 Td (2030. ) Tj ET Q q 0 0 0 rg BT 167.74 175.10 Td (The ) Tj ET Q q 0 0 0 rg BT 186.49 175.10 Td (3G ) Tj ET Q q 0 0 0 rg BT 201.91 175.10 Td (license ) Tj ET Q q 0 0 0 rg BT 232.87 175.10 Td (for ) Tj ET Q q 0 0 0 rg BT 247.73 175.10 Td (the ) Tj ET Q q 0 0 0 rg BT 263.15 175.10 Td (2100MHz ) Tj ET Q q 0 0 0 rg BT 309.40 175.10 Td (will ) Tj ET Q q 0 0 0 rg BT 328.16 175.10 Td (expire ) Tj ET Q q 0 0 0 rg BT 356.34 175.10 Td (in ) Tj ET Q q 0 0 0 rg BT 367.32 175.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 392.79 175.10 Td (The ) Tj ET Q q 0 0 0 rg BT 411.54 175.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 439.17 175.10 Td (Government ) Tj ET Q q 0 0 0 rg BT 492.36 175.10 Td (is ) Tj ET Q q 0 0 0 rg BT 502.23 175.10 Td (planning ) Tj ET Q q 0 0 0 rg BT 540.42 175.10 Td (to ) Tj ET Q q 0 0 0 rg BT 551.40 175.10 Td (re-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (auction ) Tj ET Q q 0 0 0 rg BT 80.84 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 94.97 163.10 Td (2100 ) Tj ET Q q 0 0 0 rg BT 116.88 163.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 139.33 163.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 172.90 163.10 Td (in ) Tj ET Q q 0 0 0 rg BT 182.58 163.10 Td (late ) Tj ET Q q 0 0 0 rg BT 198.93 163.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 220.83 163.10 Td (or ) Tj ET Q q 0 0 0 rg BT 231.07 163.10 Td (early ) Tj ET Q q 0 0 0 rg BT 252.97 163.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 277.38 163.10 Td (as ) Tj ET Q q 0 0 0 rg BT 287.61 163.10 Td (well ) Tj ET Q q 0 0 0 rg BT 306.74 163.10 Td (as ) Tj ET Q q 0 0 0 rg BT 316.98 163.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 350.54 163.10 Td (for ) Tj ET Q q 0 0 0 rg BT 364.11 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.23 163.10 Td (700 ) Tj ET Q q 0 0 0 rg BT 395.14 163.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.49 163.10 Td (1400 ) Tj ET Q q 0 0 0 rg BT 433.40 163.10 Td (MHz ) Tj ET Q q 0 0 0 rg BT 455.86 163.10 Td (bands. ) Tj ET Q q 0 0 0 rg BT 483.17 163.10 Td (As ) Tj ET Q q 0 0 0 rg BT 496.19 163.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.43 163.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 151.10 Td (, ) Tj ET Q q 0 0 0 rg BT 75.23 151.10 Td (we ) Tj ET Q q 0 0 0 rg BT 90.13 151.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 111.14 151.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 172.14 151.10 Td (30% ) Tj ET Q q 0 0 0 rg BT 193.70 151.10 Td (of ) Tj ET Q q 0 0 0 rg BT 205.27 151.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.72 151.10 Td (total ) Tj ET Q q 0 0 0 rg BT 241.73 151.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 272.73 151.10 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 312.63 151.10 Td (licenses ) Tj ET Q q 0 0 0 rg BT 347.52 151.10 Td (in ) Tj ET Q q 0 0 0 rg BT 358.53 151.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.98 151.10 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 428.03 151.10 Td (which ) Tj ET Q q 0 0 0 rg BT 455.70 151.10 Td (are ) Tj ET Q q 0 0 0 rg BT 471.15 151.10 Td (used ) Tj ET Q q 0 0 0 rg BT 492.71 151.10 Td (to ) Tj ET Q q 0 0 0 rg BT 503.72 151.10 Td (deliver ) Tj ET Q q 0 0 0 rg BT 534.72 151.10 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (services.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 117.10 Td (Access, ) Tj ET Q q 0 0 0 rg BT 91.27 117.10 Td (Interoperability ) Tj ET Q q 0 0 0 rg BT 158.21 117.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.27 117.10 Td (Interconnection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 95.10 Td (All ) Tj ET Q q 0 0 0 rg BT 82.71 95.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 122.90 95.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.66 95.10 Td (public ) Tj ET Q q 0 0 0 rg BT 161.08 95.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 202.93 95.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 271.46 95.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 310.55 95.10 Td (or ) Tj ET Q q 0 0 0 rg BT 321.31 95.10 Td (services ) Tj ET Q q 0 0 0 rg BT 355.94 95.10 Td (who ) Tj ET Q q 0 0 0 rg BT 375.59 95.10 Td (control ) Tj ET Q q 0 0 0 rg BT 406.34 95.10 Td (access ) Tj ET Q q 0 0 0 rg BT 434.31 95.10 Td (to ) Tj ET Q q 0 0 0 rg BT 444.52 95.10 Td (end-users ) Tj ET Q q 0 0 0 rg BT 485.26 95.10 Td (are ) Tj ET Q q 0 0 0 rg BT 499.90 95.10 Td (obliged ) Tj ET Q q 0 0 0 rg BT 532.32 95.10 Td (to ) Tj ET Q q 0 0 0 rg BT 542.53 95.10 Td (enter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (into ) Tj ET Q q 0 0 0 rg BT 66.81 83.10 Td (negotiations ) Tj ET Q q 0 0 0 rg BT 117.45 83.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 139.20 83.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.18 83.10 Td (request ) Tj ET Q q 0 0 0 rg BT 183.81 83.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.89 83.10 Td (a ) Tj ET Q q 0 0 0 rg BT 200.09 83.10 Td (competitor ) Tj ET Q q 0 0 0 rg BT 245.16 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 254.70 83.10 Td (conclude ) Tj ET Q q 0 0 0 rg BT 292.55 83.10 Td (an ) Tj ET Q q 0 0 0 rg BT 303.74 83.10 Td (interoperability ) Tj ET Q q 0 0 0 rg BT 367.14 83.10 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 413.04 83.10 Td (Interoperability ) Tj ET Q q 0 0 0 rg BT 476.99 83.10 Td (refers ) Tj ET Q q 0 0 0 rg BT 501.50 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 511.04 83.10 Td (all ) Tj ET Q q 0 0 0 rg BT 522.79 83.10 Td (measures, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (including ) Tj ET Q q 0 0 0 rg BT 89.24 71.10 Td (network ) Tj ET Q q 0 0 0 rg BT 123.98 71.10 Td (interconnection, ) Tj ET Q q 0 0 0 rg BT 190.64 71.10 Td (which ) Tj ET Q q 0 0 0 rg BT 217.05 71.10 Td (should ) Tj ET Q q 0 0 0 rg BT 245.69 71.10 Td (be ) Tj ET Q q 0 0 0 rg BT 257.09 71.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 311.27 71.10 Td (to ) Tj ET Q q 0 0 0 rg BT 321.01 71.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 349.08 71.10 Td (end-to-end ) Tj ET Q q 0 0 0 rg BT 394.36 71.10 Td (connections. ) Tj ET Q q 0 0 0 rg BT 446.59 71.10 Td (If ) Tj ET Q q 0 0 0 rg BT 455.22 71.10 Td (a ) Tj ET Q q 0 0 0 rg BT 461.63 71.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 497.47 71.10 Td (does ) Tj ET Q q 0 0 0 rg BT 517.77 71.10 Td (not ) Tj ET Q q 0 0 0 rg BT 532.52 71.10 Td (comply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (with ) Tj ET Q q 0 0 0 rg BT 70.00 59.10 Td (its ) Tj ET Q q 0 0 0 rg BT 82.18 59.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 125.45 59.10 Td (to ) Tj ET Q q 0 0 0 rg BT 135.96 59.10 Td (enter ) Tj ET Q q 0 0 0 rg BT 158.67 59.10 Td (into ) Tj ET Q q 0 0 0 rg BT 176.95 59.10 Td (negotiations, ) Tj ET Q q 0 0 0 rg BT 231.05 59.10 Td (the ) Tj ET Q q 0 0 0 rg BT 245.39 59.10 Td (ACM, ) Tj ET Q q 0 0 0 rg BT 273.40 59.10 Td (at ) Tj ET Q q 0 0 0 rg BT 283.34 59.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.28 59.10 Td (other ) Tj ET Q q 0 0 0 rg BT 321.55 59.10 Td (party) Tj ET Q q 0 0 0 rg BT 344.88 59.10 Td (s ) Tj ET Q q 0 0 0 rg BT 351.50 59.10 Td (request, ) Tj ET Q q 0 0 0 rg BT 385.60 59.10 Td (can ) Tj ET Q q 0 0 0 rg BT 402.20 59.10 Td (impose ) Tj ET Q q 0 0 0 rg BT 433.81 59.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 490.41 59.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 537.58 59.10 Td (on ) Tj ET Q q 0 0 0 rg BT 550.30 59.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 85.88 47.10 Td (in ) Tj ET Q q 0 0 0 rg BT 96.16 47.10 Td (order ) Tj ET Q q 0 0 0 rg BT 119.75 47.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.03 47.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 158.63 47.10 Td (end-to-end ) Tj ET Q q 0 0 0 rg BT 204.45 47.10 Td (connectivity) Tj ET Q q 0 0 0 rg BT 253.23 47.10 Td (. ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-15) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 713.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 106.57 713.25 Td (Market ) Tj ET Q q 0 0 0 rg BT 139.07 713.25 Td (Power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 691.25 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 691.25 Td (o ) Tj ET Q q 0 0 0 rg BT 80.73 691.25 Td (ensure ) Tj ET Q q 0 0 0 rg BT 109.64 691.25 Td (that ) Tj ET Q q 0 0 0 rg BT 127.46 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 142.49 691.25 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 225.84 691.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 260.31 691.25 Td (become ) Tj ET Q q 0 0 0 rg BT 294.22 691.25 Td (genuinely ) Tj ET Q q 0 0 0 rg BT 336.47 691.25 Td (competitive, ) Tj ET Q q 0 0 0 rg BT 389.00 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 403.41 691.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 429.01 691.25 Td (can ) Tj ET Q q 0 0 0 rg BT 445.71 691.25 Td (impose ) Tj ET Q q 0 0 0 rg BT 477.41 691.25 Td (ex ) Tj ET Q q 0 0 0 rg BT 489.67 691.25 Td (ante ) Tj ET Q q 0 0 0 rg BT 509.14 691.25 Td (regulation ) Tj ET Q q 0 0 0 rg BT 552.50 691.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 679.25 Td (means ) Tj ET Q q 0 0 0 rg BT 77.45 679.25 Td (of ) Tj ET Q q 0 0 0 rg BT 88.19 679.25 Td (market ) Tj ET Q q 0 0 0 rg BT 118.35 679.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 152.98 679.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 192.60 679.25 Td (on ) Tj ET Q q 0 0 0 rg BT 205.00 679.25 Td (operators ) Tj ET Q q 0 0 0 rg BT 244.61 679.25 Td (or ) Tj ET Q q 0 0 0 rg BT 255.35 679.25 Td (service ) Tj ET Q q 0 0 0 rg BT 286.07 679.25 Td (providers ) Tj ET Q q 0 0 0 rg BT 326.24 679.25 Td (that ) Tj ET Q q 0 0 0 rg BT 343.64 679.25 Td (have ) Tj ET Q q 0 0 0 rg BT 364.92 679.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 409.54 679.25 Td (market ) Tj ET Q q 0 0 0 rg BT 439.71 679.25 Td (power ) Tj ET Q q 0 0 0 rg BT 467.10 679.25 Td (in ) Tj ET Q q 0 0 0 rg BT 477.29 679.25 Td (a ) Tj ET Q q 0 0 0 rg BT 484.13 679.25 Td (relevant ) Tj ET Q q 0 0 0 rg BT 518.74 679.25 Td (market. ) Tj ET Q q 0 0 0 rg BT 551.41 679.25 Td (Ex ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.25 Td (ante ) Tj ET Q q 0 0 0 rg BT 68.93 667.25 Td (regulation ) Tj ET Q q 0 0 0 rg BT 112.24 667.25 Td (means ) Tj ET Q q 0 0 0 rg BT 140.55 667.25 Td (that ) Tj ET Q q 0 0 0 rg BT 158.32 667.25 Td (the ) Tj ET Q q 0 0 0 rg BT 172.69 667.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 198.25 667.25 Td (sets ) Tj ET Q q 0 0 0 rg BT 216.02 667.25 Td (behavioral ) Tj ET Q q 0 0 0 rg BT 260.99 667.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 283.20 667.25 Td (beforehand ) Tj ET Q q 0 0 0 rg BT 330.94 667.25 Td (with ) Tj ET Q q 0 0 0 rg BT 351.49 667.25 Td (which ) Tj ET Q q 0 0 0 rg BT 378.70 667.25 Td (providers ) Tj ET Q q 0 0 0 rg BT 419.24 667.25 Td (with ) Tj ET Q q 0 0 0 rg BT 439.79 667.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 484.77 667.25 Td (market ) Tj ET Q q 0 0 0 rg BT 515.30 667.25 Td (power ) Tj ET Q q 0 0 0 rg BT 543.06 667.25 Td (must ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.25 Td (comply) Tj ET Q q 0 0 0 rg BT 78.85 655.25 Td (. ) Tj ET Q q 0 0 0 rg BT 82.75 655.25 Td (A) Tj ET Q q 0 0 0 rg BT 89.42 655.25 Td ( ) Tj ET Q q 0 0 0 rg BT 91.22 655.25 Td (company ) Tj ET Q q 0 0 0 rg BT 129.67 655.25 Td (will ) Tj ET Q q 0 0 0 rg BT 147.03 655.25 Td (be ) Tj ET Q q 0 0 0 rg BT 158.27 655.25 Td (deemed ) Tj ET Q q 0 0 0 rg BT 191.16 655.25 Td (to ) Tj ET Q q 0 0 0 rg BT 200.74 655.25 Td (have ) Tj ET Q q 0 0 0 rg BT 221.41 655.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 265.42 655.25 Td (market ) Tj ET Q q 0 0 0 rg BT 294.99 655.25 Td (power ) Tj ET Q q 0 0 0 rg BT 321.78 655.25 Td (if, ) Tj ET Q q 0 0 0 rg BT 332.18 655.25 Td (either ) Tj ET Q q 0 0 0 rg BT 356.75 655.25 Td (individually ) Tj ET Q q 0 0 0 rg BT 406.88 655.25 Td (or ) Tj ET Q q 0 0 0 rg BT 417.01 655.25 Td (jointly ) Tj ET Q q 0 0 0 rg BT 444.92 655.25 Td (with ) Tj ET Q q 0 0 0 rg BT 464.50 655.25 Td (others, ) Tj ET Q q 0 0 0 rg BT 493.23 655.25 Td (it ) Tj ET Q q 0 0 0 rg BT 500.59 655.25 Td (enjoys ) Tj ET Q q 0 0 0 rg BT 528.50 655.25 Td (a ) Tj ET Q q 0 0 0 rg BT 534.74 655.25 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.25 Td (position ) Tj ET Q q 0 0 0 rg BT 84.39 643.25 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 128.70 643.25 Td (to ) Tj ET Q q 0 0 0 rg BT 139.14 643.25 Td (dominance, ) Tj ET Q q 0 0 0 rg BT 188.17 643.25 Td (i.e., ) Tj ET Q q 0 0 0 rg BT 205.55 643.25 Td (a ) Tj ET Q q 0 0 0 rg BT 212.65 643.25 Td (position ) Tj ET Q q 0 0 0 rg BT 247.54 643.25 Td (of ) Tj ET Q q 0 0 0 rg BT 258.53 643.25 Td (economic ) Tj ET Q q 0 0 0 rg BT 300.06 643.25 Td (strength ) Tj ET Q q 0 0 0 rg BT 334.94 643.25 Td (af) Tj ET Q q 0 0 0 rg BT 342.53 643.25 Td (fording ) Tj ET Q q 0 0 0 rg BT 374.63 643.25 Td (it ) Tj ET Q q 0 0 0 rg BT 382.84 643.25 Td (the ) Tj ET Q q 0 0 0 rg BT 397.72 643.25 Td (power ) Tj ET Q q 0 0 0 rg BT 425.37 643.25 Td (to ) Tj ET Q q 0 0 0 rg BT 435.81 643.25 Td (behave ) Tj ET Q q 0 0 0 rg BT 466.79 643.25 Td (to ) Tj ET Q q 0 0 0 rg BT 477.23 643.25 Td (an ) Tj ET Q q 0 0 0 rg BT 489.33 643.25 Td (appreciable ) Tj ET Q q 0 0 0 rg BT 538.07 643.25 Td (extent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.25 Td (independently ) Tj ET Q q 0 0 0 rg BT 108.65 631.25 Td (of ) Tj ET Q q 0 0 0 rg BT 119.48 631.25 Td (competitors, ) Tj ET Q q 0 0 0 rg BT 171.69 631.25 Td (customers, ) Tj ET Q q 0 0 0 rg BT 217.24 631.25 Td (and ) Tj ET Q q 0 0 0 rg BT 234.18 631.25 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 277.22 631.25 Td (consumers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 609.25 Td (Before ) Tj ET Q q 0 0 0 rg BT 96.34 609.25 Td (it ) Tj ET Q q 0 0 0 rg BT 103.52 609.25 Td (can ) Tj ET Q q 0 0 0 rg BT 119.03 609.25 Td (be ) Tj ET Q q 0 0 0 rg BT 130.09 609.25 Td (established ) Tj ET Q q 0 0 0 rg BT 176.15 609.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 209.99 609.25 Td (an ) Tj ET Q q 0 0 0 rg BT 221.06 609.25 Td (operator ) Tj ET Q q 0 0 0 rg BT 256.00 609.25 Td (or ) Tj ET Q q 0 0 0 rg BT 265.96 609.25 Td (service ) Tj ET Q q 0 0 0 rg BT 295.90 609.25 Td (provider ) Tj ET Q q 0 0 0 rg BT 331.41 609.25 Td (has ) Tj ET Q q 0 0 0 rg BT 346.37 609.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 390.21 609.25 Td (market ) Tj ET Q q 0 0 0 rg BT 419.60 609.25 Td (power) Tj ET Q q 0 0 0 rg BT 444.19 609.25 Td (, ) Tj ET Q q 0 0 0 rg BT 448.32 609.25 Td (the ) Tj ET Q q 0 0 0 rg BT 461.80 609.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 486.22 609.25 Td (needs ) Tj ET Q q 0 0 0 rg BT 510.61 609.25 Td (to ) Tj ET Q q 0 0 0 rg BT 520.02 609.25 Td (determine, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.11 597.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 107.90 597.25 Td (with ) Tj ET Q q 0 0 0 rg BT 128.51 597.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.56 597.25 Td (principles ) Tj ET Q q 0 0 0 rg BT 185.82 597.25 Td (of ) Tj ET Q q 0 0 0 rg BT 196.98 597.25 Td (general ) Tj ET Q q 0 0 0 rg BT 229.24 597.25 Td (European ) Tj ET Q q 0 0 0 rg BT 270.39 597.25 Td (competition ) Tj ET Q q 0 0 0 rg BT 320.99 597.25 Td (law) Tj ET Q q 0 0 0 rg BT 334.77 597.25 Td (, ) Tj ET Q q 0 0 0 rg BT 340.11 597.25 Td (in ) Tj ET Q q 0 0 0 rg BT 350.71 597.25 Td (which ) Tj ET Q q 0 0 0 rg BT 377.98 597.25 Td (relevant ) Tj ET Q q 0 0 0 rg BT 413.02 597.25 Td (electronic ) Tj ET Q q 0 0 0 rg BT 455.27 597.25 Td (communications ) Tj ET Q q 0 0 0 rg BT 524.20 597.25 Td (market\(s\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.25 Td (the ) Tj ET Q q 0 0 0 rg BT 63.42 585.25 Td (operator ) Tj ET Q q 0 0 0 rg BT 98.43 585.25 Td (or ) Tj ET Q q 0 0 0 rg BT 108.46 585.25 Td (service ) Tj ET Q q 0 0 0 rg BT 138.47 585.25 Td (provider ) Tj ET Q q 0 0 0 rg BT 174.05 585.25 Td (competes. ) Tj ET Q q 0 0 0 rg BT 215.88 585.25 Td (The ) Tj ET Q q 0 0 0 rg BT 232.75 585.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 257.24 585.25 Td (must ) Tj ET Q q 0 0 0 rg BT 278.38 585.25 Td (do ) Tj ET Q q 0 0 0 rg BT 290.08 585.25 Td (this ) Tj ET Q q 0 0 0 rg BT 306.23 585.25 Td (while ) Tj ET Q q 0 0 0 rg BT 330.14 585.25 Td (taking ) Tj ET Q q 0 0 0 rg BT 356.84 585.25 Td (into ) Tj ET Q q 0 0 0 rg BT 374.09 585.25 Td (account ) Tj ET Q q 0 0 0 rg BT 406.88 585.25 Td (the ) Tj ET Q q 0 0 0 rg BT 420.80 585.25 Td (EC) Tj ET Q q 0 0 0 rg BT 436.35 585.25 Td (s ) Tj ET Q q 0 0 0 rg BT 441.94 585.25 Td (Recommendation ) Tj ET Q q 0 0 0 rg BT 518.62 585.25 Td (on ) Tj ET Q q 0 0 0 rg BT 530.32 585.25 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.25 Td (product ) Tj ET Q q 0 0 0 rg BT 82.77 573.25 Td (and ) Tj ET Q q 0 0 0 rg BT 99.93 573.25 Td (service ) Tj ET Q q 0 0 0 rg BT 130.96 573.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 165.34 573.25 Td (within ) Tj ET Q q 0 0 0 rg BT 193.62 573.25 Td (the ) Tj ET Q q 0 0 0 rg BT 208.56 573.25 Td (electronic ) Tj ET Q q 0 0 0 rg BT 250.70 573.25 Td (communications ) Tj ET Q q 0 0 0 rg BT 319.52 573.25 Td (sector, ) Tj ET Q q 0 0 0 rg BT 353.05 573.25 Td (the ) Tj ET Q q 0 0 0 rg BT 367.99 573.25 Td (latest ) Tj ET Q q 0 0 0 rg BT 391.82 573.25 Td (version ) Tj ET Q q 0 0 0 rg BT 423.98 573.25 Td (of ) Tj ET Q q 0 0 0 rg BT 435.03 573.25 Td (which ) Tj ET Q q 0 0 0 rg BT 462.19 573.25 Td (was ) Tj ET Q q 0 0 0 rg BT 480.46 573.25 Td (published ) Tj ET Q q 0 0 0 rg BT 522.07 573.25 Td (by ) Tj ET Q q 0 0 0 rg BT 534.79 573.25 Td (the ) Tj ET Q q 0 0 0 rg BT 549.73 573.25 Td (EC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.25 Td (on ) Tj ET Q q 0 0 0 rg BT 62.13 561.25 Td (October ) Tj ET Q q 0 0 0 rg BT 96.97 561.25 Td (9, ) Tj ET Q q 0 0 0 rg BT 107.11 561.25 Td (2014. ) Tj ET Q q 0 0 0 rg BT 132.05 561.25 Td (The ) Tj ET Q q 0 0 0 rg BT 149.65 561.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 175.06 561.25 Td (may ) Tj ET Q q 0 0 0 rg BT 194.92 561.25 Td (also ) Tj ET Q q 0 0 0 rg BT 213.66 561.25 Td (define ) Tj ET Q q 0 0 0 rg BT 241.28 561.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 283.90 561.25 Td (relevant ) Tj ET Q q 0 0 0 rg BT 318.73 561.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 353.02 561.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 391.20 561.25 Td (that ) Tj ET Q q 0 0 0 rg BT 408.83 561.25 Td (any ) Tj ET Q q 0 0 0 rg BT 425.90 561.25 Td (such ) Tj ET Q q 0 0 0 rg BT 446.87 561.25 Td (market ) Tj ET Q q 0 0 0 rg BT 477.26 561.25 Td (meets ) Tj ET Q q 0 0 0 rg BT 503.22 561.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.07 561.25 Td (cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.25 Td (criteria ) Tj ET Q q 0 0 0 rg BT 80.31 549.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 112.80 549.25 Td (by ) Tj ET Q q 0 0 0 rg BT 125.30 549.25 Td (the ) Tj ET Q q 0 0 0 rg BT 140.01 549.25 Td (EC ) Tj ET Q q 0 0 0 rg BT 155.29 549.25 Td (in ) Tj ET Q q 0 0 0 rg BT 165.57 549.25 Td (its ) Tj ET Q q 0 0 0 rg BT 177.52 549.25 Td (so ) Tj ET Q q 0 0 0 rg BT 188.91 549.25 Td (called ) Tj ET Q q 0 0 0 rg BT 215.28 549.25 Td (three ) Tj ET Q q 0 0 0 rg BT 237.77 549.25 Td (criteria ) Tj ET Q q 0 0 0 rg BT 268.58 549.25 Td (test ) Tj ET Q q 0 0 0 rg BT 284.96 549.25 Td (for ) Tj ET Q q 0 0 0 rg BT 299.12 549.25 Td (determining ) Tj ET Q q 0 0 0 rg BT 349.94 549.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 384.65 549.25 Td (a ) Tj ET Q q 0 0 0 rg BT 391.59 549.25 Td (market ) Tj ET Q q 0 0 0 rg BT 421.85 549.25 Td (is ) Tj ET Q q 0 0 0 rg BT 431.02 549.25 Td (susceptible ) Tj ET Q q 0 0 0 rg BT 477.96 549.25 Td (to ) Tj ET Q q 0 0 0 rg BT 488.24 549.25 Td (ex ) Tj ET Q q 0 0 0 rg BT 500.17 549.25 Td (ante ) Tj ET Q q 0 0 0 rg BT 519.33 549.25 Td (regulation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 527.25 Td (If ) Tj ET Q q 0 0 0 rg BT 75.45 527.25 Td (the ) Tj ET Q q 0 0 0 rg BT 88.66 527.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 112.73 527.25 Td (determines ) Tj ET Q q 0 0 0 rg BT 157.89 527.25 Td (that ) Tj ET Q q 0 0 0 rg BT 174.17 527.25 Td (a ) Tj ET Q q 0 0 0 rg BT 179.90 527.25 Td (company ) Tj ET Q q 0 0 0 rg BT 217.84 527.25 Td (has ) Tj ET Q q 0 0 0 rg BT 232.45 527.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 275.95 527.25 Td (market ) Tj ET Q q 0 0 0 rg BT 305.00 527.25 Td (power) Tj ET Q q 0 0 0 rg BT 329.59 527.25 Td (, ) Tj ET Q q 0 0 0 rg BT 333.37 527.25 Td (the ) Tj ET Q q 0 0 0 rg BT 346.59 527.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 370.66 527.25 Td (must ) Tj ET Q q 0 0 0 rg BT 391.40 527.25 Td (impose ) Tj ET Q q 0 0 0 rg BT 421.57 527.25 Td (one ) Tj ET Q q 0 0 0 rg BT 437.29 527.25 Td (or ) Tj ET Q q 0 0 0 rg BT 446.91 527.25 Td (more ) Tj ET Q q 0 0 0 rg BT 468.74 527.25 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 515.56 527.25 Td (obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (These ) Tj ET Q q 0 0 0 rg BT 76.28 515.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 123.62 515.25 Td (relate ) Tj ET Q q 0 0 0 rg BT 148.73 515.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 161.91 515.25 Td (among ) Tj ET Q q 0 0 0 rg BT 192.03 515.25 Td (other ) Tj ET Q q 0 0 0 rg BT 215.48 515.25 Td (things, ) Tj ET Q q 0 0 0 rg BT 245.33 515.25 Td (access ) Tj ET Q q 0 0 0 rg BT 273.76 515.25 Td (and ) Tj ET Q q 0 0 0 rg BT 291.10 515.25 Td (use ) Tj ET Q q 0 0 0 rg BT 307.34 515.25 Td (of ) Tj ET Q q 0 0 0 rg BT 318.57 515.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 352.56 515.25 Td (network ) Tj ET Q q 0 0 0 rg BT 388.23 515.25 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 428.07 515.25 Td (non-discrimination, ) Tj ET Q q 0 0 0 rg BT 509.57 515.25 Td (transparency) Tj ET Q q 0 0 0 rg BT 560.00 515.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.09 503.25 Td (price ) Tj ET Q q 0 0 0 rg BT 88.22 503.25 Td (regulation ) Tj ET Q q 0 0 0 rg BT 130.92 503.25 Td (at ) Tj ET Q q 0 0 0 rg BT 140.28 503.25 Td (both ) Tj ET Q q 0 0 0 rg BT 160.21 503.25 Td (the ) Tj ET Q q 0 0 0 rg BT 174.58 503.25 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 216.71 503.25 Td (and ) Tj ET Q q 0 0 0 rg BT 233.30 503.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 255.99 503.25 Td (level. ) Tj ET Q q 0 0 0 rg BT 279.92 503.25 Td (T) Tj ET Q q 0 0 0 rg BT 285.33 503.25 Td (o ) Tj ET Q q 0 0 0 rg BT 292.48 503.25 Td (ensure ) Tj ET Q q 0 0 0 rg BT 320.73 503.25 Td (a ) Tj ET Q q 0 0 0 rg BT 327.32 503.25 Td (proper ) Tj ET Q q 0 0 0 rg BT 355.57 503.25 Td (functioning ) Tj ET Q q 0 0 0 rg BT 403.82 503.25 Td (of ) Tj ET Q q 0 0 0 rg BT 414.30 503.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.67 503.25 Td (market, ) Tj ET Q q 0 0 0 rg BT 461.08 503.25 Td (these ) Tj ET Q q 0 0 0 rg BT 483.78 503.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 530.37 503.25 Td (may ) Tj ET Q q 0 0 0 rg BT 549.74 503.25 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (be ) Tj ET Q q 0 0 0 rg BT 62.51 491.25 Td (disproportionate. ) Tj ET Q q 0 0 0 rg BT 133.86 491.25 Td (The ) Tj ET Q q 0 0 0 rg BT 152.97 491.25 Td (investigation ) Tj ET Q q 0 0 0 rg BT 208.20 491.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.09 491.25 Td (a ) Tj ET Q q 0 0 0 rg BT 228.10 491.25 Td (relevant ) Tj ET Q q 0 0 0 rg BT 263.87 491.25 Td (market, ) Tj ET Q q 0 0 0 rg BT 297.70 491.25 Td (the ) Tj ET Q q 0 0 0 rg BT 313.48 491.25 Td (designation ) Tj ET Q q 0 0 0 rg BT 363.15 491.25 Td (of ) Tj ET Q q 0 0 0 rg BT 375.05 491.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 405.27 491.25 Td (with ) Tj ET Q q 0 0 0 rg BT 426.62 491.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 472.40 491.25 Td (market ) Tj ET Q q 0 0 0 rg BT 503.73 491.25 Td (power ) Tj ET Q q 0 0 0 rg BT 532.28 491.25 Td (and ) Tj ET Q q 0 0 0 rg BT 550.29 491.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (imposition ) Tj ET Q q 0 0 0 rg BT 95.01 479.25 Td (of ) Tj ET Q q 0 0 0 rg BT 106.08 479.25 Td (ex ) Tj ET Q q 0 0 0 rg BT 118.24 479.25 Td (ante ) Tj ET Q q 0 0 0 rg BT 137.63 479.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 184.81 479.25 Td (culminate ) Tj ET Q q 0 0 0 rg BT 226.96 479.25 Td (in ) Tj ET Q q 0 0 0 rg BT 237.47 479.25 Td (so-called ) Tj ET Q q 0 0 0 rg BT 276.30 479.25 Td (market ) Tj ET Q q 0 0 0 rg BT 306.79 479.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 341.74 479.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 381.69 479.25 Td (of ) Tj ET Q q 0 0 0 rg BT 392.75 479.25 Td (the ) Tj ET Q q 0 0 0 rg BT 407.09 479.25 Td (ACM. ) Tj ET Q q 0 0 0 rg BT 434.91 479.25 Td (These ) Tj ET Q q 0 0 0 rg BT 461.52 479.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 501.47 479.25 Td (normally ) Tj ET Q q 0 0 0 rg BT 540.30 479.25 Td (apply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (for ) Tj ET Q q 0 0 0 rg BT 63.66 467.25 Td (a ) Tj ET Q q 0 0 0 rg BT 70.60 467.25 Td (period ) Tj ET Q q 0 0 0 rg BT 98.65 467.25 Td (of ) Tj ET Q q 0 0 0 rg BT 109.48 467.25 Td (three ) Tj ET Q q 0 0 0 rg BT 131.96 467.25 Td (years, ) Tj ET Q q 0 0 0 rg BT 158.06 467.25 Td (after ) Tj ET Q q 0 0 0 rg BT 178.88 467.25 Td (which ) Tj ET Q q 0 0 0 rg BT 205.81 467.25 Td (the ) Tj ET Q q 0 0 0 rg BT 220.53 467.25 Td (market ) Tj ET Q q 0 0 0 rg BT 250.79 467.25 Td (concerned ) Tj ET Q q 0 0 0 rg BT 294.38 467.25 Td (needs ) Tj ET Q q 0 0 0 rg BT 319.65 467.25 Td (to ) Tj ET Q q 0 0 0 rg BT 329.92 467.25 Td (be ) Tj ET Q q 0 0 0 rg BT 341.86 467.25 Td (re-investigated. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 445.25 Td (The ) Tj ET Q q 0 0 0 rg BT 85.43 445.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 111.26 445.25 Td (has ) Tj ET Q q 0 0 0 rg BT 127.65 445.25 Td (completed ) Tj ET Q q 0 0 0 rg BT 172.35 445.25 Td (various ) Tj ET Q q 0 0 0 rg BT 204.85 445.25 Td (rounds ) Tj ET Q q 0 0 0 rg BT 235.12 445.25 Td (of ) Tj ET Q q 0 0 0 rg BT 246.51 445.25 Td (market ) Tj ET Q q 0 0 0 rg BT 277.32 445.25 Td (analyses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.76 445.25 Td (Old ) Tj ET Q q 0 0 0 rg BT 334.81 445.25 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.70 445.25 Td ( ) Tj ET Q q 0 0 0 rg BT 361.75 445.25 Td (was ) Tj ET Q q 0 0 0 rg BT 380.36 445.25 Td (designated ) Tj ET Q q 0 0 0 rg BT 426.17 445.25 Td (as ) Tj ET Q q 0 0 0 rg BT 437.56 445.25 Td (a ) Tj ET Q q 0 0 0 rg BT 445.05 445.25 Td (party ) Tj ET Q q 0 0 0 rg BT 468.65 445.25 Td (with ) Tj ET Q q 0 0 0 rg BT 489.48 445.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 534.75 445.25 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.25 Td (power ) Tj ET Q q 0 0 0 rg BT 77.51 433.25 Td (on ) Tj ET Q q 0 0 0 rg BT 90.52 433.25 Td (the ) Tj ET Q q 0 0 0 rg BT 105.75 433.25 Td (market ) Tj ET Q q 0 0 0 rg BT 136.53 433.25 Td (for ) Tj ET Q q 0 0 0 rg BT 151.21 433.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 174.77 433.25 Td (terminating ) Tj ET Q q 0 0 0 rg BT 223.88 433.25 Td (access ) Tj ET Q q 0 0 0 rg BT 252.43 433.25 Td (services ) Tj ET Q q 0 0 0 rg BT 287.66 433.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.89 433.25 Td (V) Tj ET Q q 0 0 0 rg BT 310.83 433.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 346.05 433.25 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.01 433.25 Td ( ) Tj ET Q q 0 0 0 rg BT 362.02 433.25 Td (was ) Tj ET Q q 0 0 0 rg BT 380.59 433.25 Td (designated ) Tj ET Q q 0 0 0 rg BT 426.37 433.25 Td (as ) Tj ET Q q 0 0 0 rg BT 437.71 433.25 Td (a ) Tj ET Q q 0 0 0 rg BT 445.17 433.25 Td (party ) Tj ET Q q 0 0 0 rg BT 468.73 433.25 Td (with ) Tj ET Q q 0 0 0 rg BT 489.52 433.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 534.75 433.25 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.25 Td (power ) Tj ET Q q 0 0 0 rg BT 77.07 421.25 Td (for ) Tj ET Q q 0 0 0 rg BT 91.32 421.25 Td (both ) Tj ET Q q 0 0 0 rg BT 111.68 421.25 Td (the ) Tj ET Q q 0 0 0 rg BT 126.48 421.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 149.61 421.25 Td (terminating ) Tj ET Q q 0 0 0 rg BT 198.29 421.25 Td (and ) Tj ET Q q 0 0 0 rg BT 215.31 421.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 245.67 421.25 Td (terminating ) Tj ET Q q 0 0 0 rg BT 294.35 421.25 Td (access ) Tj ET Q q 0 0 0 rg BT 322.47 421.25 Td (markets. ) Tj ET Q q 0 0 0 rg BT 359.21 421.25 Td (In ) Tj ET Q q 0 0 0 rg BT 370.12 421.25 Td (the ) Tj ET Q q 0 0 0 rg BT 384.92 421.25 Td (recent ) Tj ET Q q 0 0 0 rg BT 411.93 421.25 Td (Local ) Tj ET Q q 0 0 0 rg BT 437.27 421.25 Td (Loop ) Tj ET Q q 0 0 0 rg BT 460.96 421.25 Td (Unbundling ) Tj ET Q q 0 0 0 rg BT 511.33 421.25 Td (decision, ) Tj ET Q q 0 0 0 rg BT 549.73 421.25 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 409.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 73.28 409.25 Td (Local ) Tj ET Q q 0 0 0 rg BT 98.73 409.25 Td (Loop ) Tj ET Q q 0 0 0 rg BT 121.96 409.25 Td (Unbundling ) Tj ET Q q 0 0 0 rg BT 172.41 409.25 Td (Decision) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.95 409.25 Td ( ) Tj ET Q q 0 0 0 rg BT 210.62 409.25 Td (below) Tj ET Q q 0 0 0 rg BT 234.41 409.25 Td (, ) Tj ET Q q 0 0 0 rg BT 239.58 409.25 Td (KPN ) Tj ET Q q 0 0 0 rg BT 262.26 409.25 Td (and ) Tj ET Q q 0 0 0 rg BT 279.17 409.25 Td (V) Tj ET Q q 0 0 0 rg BT 285.10 409.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 343.87 409.25 Td (are ) Tj ET Q q 0 0 0 rg BT 358.75 409.25 Td (designated ) Tj ET Q q 0 0 0 rg BT 404.18 409.25 Td (as ) Tj ET Q q 0 0 0 rg BT 415.18 409.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 444.50 409.25 Td (with ) Tj ET Q q 0 0 0 rg BT 464.95 409.25 Td (Joint ) Tj ET Q q 0 0 0 rg BT 487.07 409.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 533.62 409.25 Td (Market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.25 Td (Power) Tj ET Q q 0 0 0 rg BT 74.50 397.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 375.25 Td ( ) Tj ET Q q 0 0 0 rg BT 69.82 375.25 Td (The ) Tj ET Q q 0 0 0 rg BT 87.87 375.25 Td (analyses ) Tj ET Q q 0 0 0 rg BT 124.24 375.25 Td (in ) Tj ET Q q 0 0 0 rg BT 134.52 375.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 165.34 375.25 Td (of ) Tj ET Q q 0 0 0 rg BT 176.17 375.25 Td (these ) Tj ET Q q 0 0 0 rg BT 199.21 375.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 233.37 375.25 Td (are ) Tj ET Q q 0 0 0 rg BT 248.08 375.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 288.91 375.25 Td (below) Tj ET Q q 0 0 0 rg BT 312.70 375.25 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 353.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 83.23 353.25 Td (Call ) Tj ET Q q 0 0 0 rg BT 102.96 353.25 Td (T) Tj ET Q q 0 0 0 rg BT 108.15 353.25 Td (ermination ) Tj ET Q q 0 0 0 rg BT 156.21 353.25 Td (Market ) Tj ET Q q 0 0 0 rg BT 188.34 353.25 Td (Analysis ) Tj ET Q q 0 0 0 rg BT 225.85 353.25 Td (Decisions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 331.25 Td (In ) Tj ET Q q 0 0 0 rg BT 78.26 331.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 109.00 331.25 Td (of ) Tj ET Q q 0 0 0 rg BT 119.76 331.25 Td (the ) Tj ET Q q 0 0 0 rg BT 134.41 331.25 Td (call ) Tj ET Q q 0 0 0 rg BT 151.27 331.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 199.79 331.25 Td (market, ) Tj ET Q q 0 0 0 rg BT 232.49 331.25 Td (the ) Tj ET Q q 0 0 0 rg BT 246.59 331.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 271.81 331.25 Td (has ) Tj ET Q q 0 0 0 rg BT 287.56 331.25 Td (taken ) Tj ET Q q 0 0 0 rg BT 311.65 331.25 Td (the ) Tj ET Q q 0 0 0 rg BT 326.29 331.25 Td (view ) Tj ET Q q 0 0 0 rg BT 348.16 331.25 Td (that ) Tj ET Q q 0 0 0 rg BT 365.58 331.25 Td (all ) Tj ET Q q 0 0 0 rg BT 378.01 331.25 Td (providers ) Tj ET Q q 0 0 0 rg BT 418.20 331.25 Td (of ) Tj ET Q q 0 0 0 rg BT 428.96 331.25 Td (call ) Tj ET Q q 0 0 0 rg BT 445.82 331.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 494.35 331.25 Td (on ) Tj ET Q q 0 0 0 rg BT 506.78 331.25 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 548.08 331.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 79.85 319.25 Td (networks ) Tj ET Q q 0 0 0 rg BT 119.08 319.25 Td (in ) Tj ET Q q 0 0 0 rg BT 129.43 319.25 Td (the ) Tj ET Q q 0 0 0 rg BT 144.22 319.25 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 195.11 319.25 Td (have ) Tj ET Q q 0 0 0 rg BT 216.55 319.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 261.34 319.25 Td (market ) Tj ET Q q 0 0 0 rg BT 291.67 319.25 Td (power ) Tj ET Q q 0 0 0 rg BT 319.24 319.25 Td (because ) Tj ET Q q 0 0 0 rg BT 353.46 319.25 Td (all ) Tj ET Q q 0 0 0 rg BT 366.02 319.25 Td (such ) Tj ET Q q 0 0 0 rg BT 386.92 319.25 Td (providers ) Tj ET Q q 0 0 0 rg BT 427.27 319.25 Td (exclusively ) Tj ET Q q 0 0 0 rg BT 475.38 319.25 Td (control ) Tj ET Q q 0 0 0 rg BT 506.28 319.25 Td (access ) Tj ET Q q 0 0 0 rg BT 534.39 319.25 Td (to ) Tj ET Q q 0 0 0 rg BT 544.74 319.25 Td (end-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.25 Td (users ) Tj ET Q q 0 0 0 rg BT 72.03 307.25 Td (connected ) Tj ET Q q 0 0 0 rg BT 114.53 307.25 Td (to ) Tj ET Q q 0 0 0 rg BT 124.28 307.25 Td (their ) Tj ET Q q 0 0 0 rg BT 144.58 307.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 187.09 307.25 Td (public ) Tj ET Q q 0 0 0 rg BT 214.06 307.25 Td (telephone ) Tj ET Q q 0 0 0 rg BT 254.91 307.25 Td (networks. ) Tj ET Q q 0 0 0 rg BT 295.60 307.25 Td (As ) Tj ET Q q 0 0 0 rg BT 308.69 307.25 Td (a ) Tj ET Q q 0 0 0 rg BT 315.10 307.25 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.79 307.25 Td (Old ) Tj ET Q q 0 0 0 rg BT 358.77 307.25 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.66 307.25 Td ( ) Tj ET Q q 0 0 0 rg BT 384.63 307.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 397.71 307.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 430.23 307.25 Td (to ) Tj ET Q q 0 0 0 rg BT 439.98 307.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 462.50 307.25 Td (call ) Tj ET Q q 0 0 0 rg BT 478.91 307.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 526.98 307.25 Td (services\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.84 295.25 Td (V) Tj ET Q q 0 0 0 rg BT 71.78 295.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 106.04 295.25 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 295.25 Td ( ) Tj ET Q q 0 0 0 rg BT 121.05 295.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 134.22 295.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 166.81 295.25 Td (to ) Tj ET Q q 0 0 0 rg BT 176.65 295.25 Td (both ) Tj ET Q q 0 0 0 rg BT 196.48 295.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 219.08 295.25 Td (and ) Tj ET Q q 0 0 0 rg BT 235.57 295.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 265.40 295.25 Td (call ) Tj ET Q q 0 0 0 rg BT 281.89 295.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 330.04 295.25 Td (services\), ) Tj ET Q q 0 0 0 rg BT 370.13 295.25 Td (have ) Tj ET Q q 0 0 0 rg BT 391.07 295.25 Td (been ) Tj ET Q q 0 0 0 rg BT 412.00 295.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 442.38 295.25 Td (to ) Tj ET Q q 0 0 0 rg BT 452.21 295.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 485.36 295.25 Td (ex ) Tj ET Q q 0 0 0 rg BT 496.85 295.25 Td (ante ) Tj ET Q q 0 0 0 rg BT 515.56 295.25 Td (obligations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.25 Td (including ) Tj ET Q q 0 0 0 rg BT 90.01 283.25 Td (in ) Tj ET Q q 0 0 0 rg BT 100.53 283.25 Td (particular ) Tj ET Q q 0 0 0 rg BT 141.58 283.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 158.05 283.25 Td (f ) Tj ET Q q 0 0 0 rg BT 164.12 283.25 Td (regulation ) Tj ET Q q 0 0 0 rg BT 207.41 283.25 Td (\(maximum ) Tj ET Q q 0 0 0 rg BT 254.03 283.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 302.86 283.25 Td (char) Tj ET Q q 0 0 0 rg BT 319.89 283.25 Td (ges\), ) Tj ET Q q 0 0 0 rg BT 341.79 283.25 Td (since ) Tj ET Q q 0 0 0 rg BT 365.08 283.25 Td (the ) Tj ET Q q 0 0 0 rg BT 379.43 283.25 Td (ACM) Tj ET Q q 0 0 0 rg BT 404.99 283.25 Td (s ) Tj ET Q q 0 0 0 rg BT 411.62 283.25 Td (third ) Tj ET Q q 0 0 0 rg BT 433.25 283.25 Td (market ) Tj ET Q q 0 0 0 rg BT 463.75 283.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 498.71 283.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 534.77 283.25 Td (of ) Tj ET Q q 0 0 0 rg BT 545.84 283.25 Td (July ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.25 Td (7, ) Tj ET Q q 0 0 0 rg BT 59.25 271.25 Td (2010. ) Tj ET Q q 0 0 0 rg BT 83.99 271.25 Td (On ) Tj ET Q q 0 0 0 rg BT 97.96 271.25 Td (August ) Tj ET Q q 0 0 0 rg BT 129.10 271.25 Td (5, ) Tj ET Q q 0 0 0 rg BT 138.84 271.25 Td (2013, ) Tj ET Q q 0 0 0 rg BT 163.59 271.25 Td (the ) Tj ET Q q 0 0 0 rg BT 177.55 271.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 202.58 271.25 Td (published ) Tj ET Q q 0 0 0 rg BT 243.71 271.25 Td (its ) Tj ET Q q 0 0 0 rg BT 255.41 271.25 Td (fourth ) Tj ET Q q 0 0 0 rg BT 282.09 271.25 Td (market ) Tj ET Q q 0 0 0 rg BT 312.10 271.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 346.56 271.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 382.13 271.25 Td (on ) Tj ET Q q 0 0 0 rg BT 394.38 271.25 Td (call ) Tj ET Q q 0 0 0 rg BT 411.06 271.25 Td (termination, ) Tj ET Q q 0 0 0 rg BT 461.90 271.25 Td (which ) Tj ET Q q 0 0 0 rg BT 488.58 271.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 530.26 271.25 Td (both ) Tj ET Q q 0 0 0 rg BT 550.29 271.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 72.18 259.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 120.42 259.25 Td (market ) Tj ET Q q 0 0 0 rg BT 150.31 259.25 Td (and ) Tj ET Q q 0 0 0 rg BT 166.89 259.25 Td (the ) Tj ET Q q 0 0 0 rg BT 181.24 259.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 211.15 259.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 259.38 259.25 Td (market. ) Tj ET Q q 0 0 0 rg BT 291.63 259.25 Td (The ) Tj ET Q q 0 0 0 rg BT 309.31 259.25 Td (new ) Tj ET Q q 0 0 0 rg BT 328.11 259.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 344.58 259.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 353.94 259.25 Td (became ) Tj ET Q q 0 0 0 rg BT 386.60 259.25 Td (ef) Tj ET Q q 0 0 0 rg BT 394.19 259.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 423.53 259.25 Td (September ) Tj ET Q q 0 0 0 rg BT 468.43 259.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 478.06 259.25 Td (2013, ) Tj ET Q q 0 0 0 rg BT 502.70 259.25 Td (and ) Tj ET Q q 0 0 0 rg BT 519.27 259.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 550.84 259.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.25 Td (a ) Tj ET Q q 0 0 0 rg BT 56.61 247.25 Td (three ) Tj ET Q q 0 0 0 rg BT 79.26 247.25 Td (year ) Tj ET Q q 0 0 0 rg BT 99.14 247.25 Td (period ) Tj ET Q q 0 0 0 rg BT 127.35 247.25 Td (that ) Tj ET Q q 0 0 0 rg BT 145.02 247.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 171.56 247.25 Td (September ) Tj ET Q q 0 0 0 rg BT 216.99 247.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 227.16 247.25 Td (2016. ) Tj ET Q q 0 0 0 rg BT 252.14 247.25 Td (The ) Tj ET Q q 0 0 0 rg BT 270.35 247.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 306.35 247.25 Td (was ) Tj ET Q q 0 0 0 rg BT 324.57 247.25 Td (appealed ) Tj ET Q q 0 0 0 rg BT 362.77 247.25 Td (by ) Tj ET Q q 0 0 0 rg BT 375.44 247.25 Td (various ) Tj ET Q q 0 0 0 rg BT 407.54 247.25 Td (operators, ) Tj ET Q q 0 0 0 rg BT 449.92 247.25 Td (including ) Tj ET Q q 0 0 0 rg BT 490.36 247.25 Td (us, ) Tj ET Q q 0 0 0 rg BT 504.42 247.25 Td (and ) Tj ET Q q 0 0 0 rg BT 521.53 247.25 Td (on ) Tj ET Q q 0 0 0 rg BT 533.61 247.25 Td (August ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.25 Td (27, ) Tj ET Q q 0 0 0 rg BT 65.08 235.25 Td (2013, ) Tj ET Q q 0 0 0 rg BT 90.67 235.25 Td (the ) Tj ET Q q 0 0 0 rg BT 105.96 235.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 133.49 235.25 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 171.43 235.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 234.51 235.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 260.37 235.25 Td (decided ) Tj ET Q q 0 0 0 rg BT 294.54 235.25 Td (in ) Tj ET Q q 0 0 0 rg BT 305.40 235.25 Td (a ) Tj ET Q q 0 0 0 rg BT 312.93 235.25 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 362.66 235.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 399.07 235.25 Td (that ) Tj ET Q q 0 0 0 rg BT 417.14 235.25 Td (the ) Tj ET Q q 0 0 0 rg BT 432.44 235.25 Td (price ) Tj ET Q q 0 0 0 rg BT 455.51 235.25 Td (cap ) Tj ET Q q 0 0 0 rg BT 472.47 235.25 Td (on ) Tj ET Q q 0 0 0 rg BT 485.55 235.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 516.41 235.25 Td (termination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.25 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 223.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 82.24 223.25 Td (should ) Tj ET Q q 0 0 0 rg BT 111.29 223.25 Td (be ) Tj ET Q q 0 0 0 rg BT 123.10 223.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 151.03 223.25 Td (than ) Tj ET Q q 0 0 0 rg BT 170.63 223.25 Td (the ) Tj ET Q q 0 0 0 rg BT 184.70 223.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 209.86 223.25 Td (had ) Tj ET Q q 0 0 0 rg BT 226.68 223.25 Td (initially ) Tj ET Q q 0 0 0 rg BT 260.16 223.25 Td (determined. ) Tj ET Q q 0 0 0 rg BT 309.85 223.25 Td (The ) Tj ET Q q 0 0 0 rg BT 327.78 223.25 Td (court ) Tj ET Q q 0 0 0 rg BT 350.70 223.25 Td (ruled ) Tj ET Q q 0 0 0 rg BT 373.63 223.25 Td (that ) Tj ET Q q 0 0 0 rg BT 391.01 223.25 Td (the ) Tj ET Q q 0 0 0 rg BT 405.08 223.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 430.24 223.25 Td (should ) Tj ET Q q 0 0 0 rg BT 459.29 223.25 Td (apply ) Tj ET Q q 0 0 0 rg BT 483.88 223.25 Td (a ) Tj ET Q q 0 0 0 rg BT 490.70 223.25 Td (so-called ) Tj ET Q q 0 0 0 rg BT 529.18 223.25 Td (Bottom-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.25 Td (up ) Tj ET Q q 0 0 0 rg BT 61.48 211.25 Td (Long ) Tj ET Q q 0 0 0 rg BT 84.57 211.25 Td (Run ) Tj ET Q q 0 0 0 rg BT 103.22 211.25 Td (Incremental ) Tj ET Q q 0 0 0 rg BT 152.95 211.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 173.27 211.25 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 176.60 211.25 Td (BULRIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.50 211.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 220.81 211.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 239.46 211.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 257.55 211.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 303.40 211.25 Td (method ) Tj ET Q q 0 0 0 rg BT 335.38 211.25 Td (\(taking ) Tj ET Q q 0 0 0 rg BT 365.69 211.25 Td (into ) Tj ET Q q 0 0 0 rg BT 383.22 211.25 Td (account ) Tj ET Q q 0 0 0 rg BT 416.30 211.25 Td (common ) Tj ET Q q 0 0 0 rg BT 453.28 211.25 Td (overhead ) Tj ET Q q 0 0 0 rg BT 491.90 211.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 513.88 211.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 546.41 211.25 Td (also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.41 199.25 Td (other ) Tj ET Q q 0 0 0 rg BT 84.09 199.25 Td (services ) Tj ET Q q 0 0 0 rg BT 119.43 199.25 Td (than ) Tj ET Q q 0 0 0 rg BT 139.77 199.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 170.68 199.25 Td (call ) Tj ET Q q 0 0 0 rg BT 188.24 199.25 Td (termination, ) Tj ET Q q 0 0 0 rg BT 239.97 199.25 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 243.30 199.25 Td (BULRIC ) Tj ET Q q 0 0 0 rg BT 285.33 199.25 Td (plus) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.13 199.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 309.59 199.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 316.05 199.25 Td (rather ) Tj ET Q q 0 0 0 rg BT 342.49 199.25 Td (than ) Tj ET Q q 0 0 0 rg BT 362.84 199.25 Td (a ) Tj ET Q q 0 0 0 rg BT 370.41 199.25 Td (pure ) Tj ET Q q 0 0 0 rg BT 391.31 199.25 Td (BULRIC ) Tj ET Q q 0 0 0 rg BT 431.11 199.25 Td (method ) Tj ET Q q 0 0 0 rg BT 464.24 199.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 478.48 199.25 Td (which ) Tj ET Q q 0 0 0 rg BT 506.05 199.25 Td (such ) Tj ET Q q 0 0 0 rg BT 527.51 199.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.25 Td (overhead ) Tj ET Q q 0 0 0 rg BT 88.18 187.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 110.22 187.25 Td (are ) Tj ET Q q 0 0 0 rg BT 124.47 187.25 Td (to ) Tj ET Q q 0 0 0 rg BT 134.29 187.25 Td (be ) Tj ET Q q 0 0 0 rg BT 145.76 187.25 Td (disregarded, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.95 187.25 Td (pur) Tj ET Q q 0 0 0 rg BT 212.33 187.25 Td (e ) Tj ET Q q 0 0 0 rg BT 218.80 187.25 Td (BULRIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.70 187.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 265.42 187.25 Td (These ) Tj ET Q q 0 0 0 rg BT 291.34 187.25 Td (revised ) Tj ET Q q 0 0 0 rg BT 322.25 187.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 338.73 187.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 347.99 187.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 379.46 187.25 Td (until ) Tj ET Q q 0 0 0 rg BT 399.83 187.25 Td (the ) Tj ET Q q 0 0 0 rg BT 414.09 187.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 440.57 187.25 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 477.70 187.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 539.73 187.25 Td (Court ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.25 Td (arrived ) Tj ET Q q 0 0 0 rg BT 80.81 175.25 Td (at ) Tj ET Q q 0 0 0 rg BT 91.02 175.25 Td (a ) Tj ET Q q 0 0 0 rg BT 98.45 175.25 Td (final ) Tj ET Q q 0 0 0 rg BT 119.77 175.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 156.09 175.25 Td (in ) Tj ET Q q 0 0 0 rg BT 166.87 175.25 Td (the ) Tj ET Q q 0 0 0 rg BT 182.08 175.25 Td (appeal ) Tj ET Q q 0 0 0 rg BT 211.17 175.25 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 262.48 175.25 Td (on ) Tj ET Q q 0 0 0 rg BT 275.47 175.25 Td (the ) Tj ET Q q 0 0 0 rg BT 290.68 175.25 Td (merits ) Tj ET Q q 0 0 0 rg BT 318.67 175.25 Td (\(see ) Tj ET Q q 0 0 0 rg BT 337.77 175.25 Td (below\). ) Tj ET Q q 0 0 0 rg BT 371.03 175.25 Td (Because ) Tj ET Q q 0 0 0 rg BT 407.34 175.25 Td (the ) Tj ET Q q 0 0 0 rg BT 422.55 175.25 Td (pure ) Tj ET Q q 0 0 0 rg BT 443.31 175.25 Td (BULRIC ) Tj ET Q q 0 0 0 rg BT 482.98 175.25 Td (method ) Tj ET Q q 0 0 0 rg BT 515.97 175.25 Td (used ) Tj ET Q q 0 0 0 rg BT 537.29 175.25 Td (by ) Tj ET Q q 0 0 0 rg BT 550.29 175.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 74.08 163.25 Td (is ) Tj ET Q q 0 0 0 rg BT 82.55 163.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.12 163.25 Td (fact ) Tj ET Q q 0 0 0 rg BT 108.90 163.25 Td (a ) Tj ET Q q 0 0 0 rg BT 115.14 163.25 Td (method ) Tj ET Q q 0 0 0 rg BT 146.93 163.25 Td (recommended ) Tj ET Q q 0 0 0 rg BT 205.37 163.25 Td (by ) Tj ET Q q 0 0 0 rg BT 217.17 163.25 Td (the ) Tj ET Q q 0 0 0 rg BT 231.18 163.25 Td (EC ) Tj ET Q q 0 0 0 rg BT 245.75 163.25 Td (in ) Tj ET Q q 0 0 0 rg BT 255.33 163.25 Td (its ) Tj ET Q q 0 0 0 rg BT 266.58 163.25 Td (2009Recommendationonthe ) Tj ET Q q 0 0 0 rg BT 388.63 163.25 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 434.73 163.25 Td (T) Tj ET Q q 0 0 0 rg BT 440.48 163.25 Td (reatment ) Tj ET Q q 0 0 0 rg BT 477.26 163.25 Td (of ) Tj ET Q q 0 0 0 rg BT 487.26 163.25 Td (T) Tj ET Q q 0 0 0 rg BT 492.67 163.25 Td (ermination ) Tj ET Q q 0 0 0 rg BT 537.79 163.25 Td (Rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 151.25 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 101.71 151.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 164.20 151.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 189.48 151.25 Td (posed ) Tj ET Q q 0 0 0 rg BT 215.31 151.25 Td (prejudicial ) Tj ET Q q 0 0 0 rg BT 260.57 151.25 Td (questions ) Tj ET Q q 0 0 0 rg BT 300.85 151.25 Td (to ) Tj ET Q q 0 0 0 rg BT 311.13 151.25 Td (the ) Tj ET Q q 0 0 0 rg BT 325.84 151.25 Td (European ) Tj ET Q q 0 0 0 rg BT 366.66 151.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 391.94 151.25 Td (of ) Tj ET Q q 0 0 0 rg BT 402.77 151.25 Td (Justice.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 129.25 Td (After ) Tj ET Q q 0 0 0 rg BT 90.78 129.25 Td (an ) Tj ET Q q 0 0 0 rg BT 101.92 129.25 Td (Advocate ) Tj ET Q q 0 0 0 rg BT 142.42 129.25 Td (General ) Tj ET Q q 0 0 0 rg BT 176.24 129.25 Td (opinion, ) Tj ET Q q 0 0 0 rg BT 211.48 129.25 Td (the ) Tj ET Q q 0 0 0 rg BT 225.88 129.25 Td (European ) Tj ET Q q 0 0 0 rg BT 266.38 129.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 291.34 129.25 Td (of ) Tj ET Q q 0 0 0 rg BT 301.85 129.25 Td (Justice ) Tj ET Q q 0 0 0 rg BT 331.25 129.25 Td (ruled ) Tj ET Q q 0 0 0 rg BT 353.98 129.25 Td (on ) Tj ET Q q 0 0 0 rg BT 366.16 129.25 Td (September ) Tj ET Q q 0 0 0 rg BT 411.10 129.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 425.78 129.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 450.47 129.25 Td (that ) Tj ET Q q 0 0 0 rg BT 467.64 129.25 Td (deviation ) Tj ET Q q 0 0 0 rg BT 507.04 129.25 Td (from ) Tj ET Q q 0 0 0 rg BT 528.66 129.25 Td (the ) Tj ET Q q 0 0 0 rg BT 543.05 129.25 Td (EC) Tj ET Q q 0 0 0 rg BT 558.61 129.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.25 Td (2009Recommendationon) Tj ET Q q 0 0 0 rg BT 157.36 117.25 Td (T) Tj ET Q q 0 0 0 rg BT 162.77 117.25 Td (ermination ) Tj ET Q q 0 0 0 rg BT 208.47 117.25 Td (Rates ) Tj ET Q q 0 0 0 rg BT 233.08 117.25 Td (is ) Tj ET Q q 0 0 0 rg BT 242.14 117.25 Td (only ) Tj ET Q q 0 0 0 rg BT 262.30 117.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 297.47 117.25 Td (if ) Tj ET Q q 0 0 0 rg BT 305.96 117.25 Td (justified ) Tj ET Q q 0 0 0 rg BT 341.13 117.25 Td (by ) Tj ET Q q 0 0 0 rg BT 353.51 117.25 Td (national ) Tj ET Q q 0 0 0 rg BT 388.11 117.25 Td (circumstances. ) Tj ET Q q 0 0 0 rg BT 449.47 117.25 Td (The ) Tj ET Q q 0 0 0 rg BT 466.88 117.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 492.05 117.25 Td (started ) Tj ET Q q 0 0 0 rg BT 521.09 117.25 Td (a ) Tj ET Q q 0 0 0 rg BT 527.92 117.25 Td (new ) Tj ET Q q 0 0 0 rg BT 546.96 117.25 Td (\(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.25 Td (fifth\) ) Tj ET Q q 0 0 0 rg BT 72.62 105.25 Td (market ) Tj ET Q q 0 0 0 rg BT 102.96 105.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 137.75 105.25 Td (and ) Tj ET Q q 0 0 0 rg BT 154.76 105.25 Td (published ) Tj ET Q q 0 0 0 rg BT 196.22 105.25 Td (a ) Tj ET Q q 0 0 0 rg BT 203.23 105.25 Td (draft ) Tj ET Q q 0 0 0 rg BT 224.68 105.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 260.58 105.25 Td (on ) Tj ET Q q 0 0 0 rg BT 273.15 105.25 Td (November ) Tj ET Q q 0 0 0 rg BT 317.93 105.25 Td (18, ) Tj ET Q q 0 0 0 rg BT 333.01 105.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 358.08 105.25 Td (in ) Tj ET Q q 0 0 0 rg BT 368.43 105.25 Td (which ) Tj ET Q q 0 0 0 rg BT 395.44 105.25 Td (they ) Tj ET Q q 0 0 0 rg BT 415.23 105.25 Td (again ) Tj ET Q q 0 0 0 rg BT 439.46 105.25 Td (regulate ) Tj ET Q q 0 0 0 rg BT 474.24 105.25 Td (using ) Tj ET Q q 0 0 0 rg BT 498.48 105.25 Td (a ) Tj ET Q q 0 0 0 rg BT 505.49 105.25 Td (pure ) Tj ET Q q 0 0 0 rg BT 525.83 105.25 Td (BULRIC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.25 Td (calculation. ) Tj ET Q q 0 0 0 rg BT 98.25 93.25 Td (The ) Tj ET Q q 0 0 0 rg BT 116.37 93.25 Td (hearing ) Tj ET Q q 0 0 0 rg BT 148.93 93.25 Td (at ) Tj ET Q q 0 0 0 rg BT 158.72 93.25 Td (the ) Tj ET Q q 0 0 0 rg BT 173.51 93.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 200.52 93.25 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 238.08 93.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 300.64 93.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 325.99 93.25 Td (was ) Tj ET Q q 0 0 0 rg BT 344.12 93.25 Td (held ) Tj ET Q q 0 0 0 rg BT 363.91 93.25 Td (on ) Tj ET Q q 0 0 0 rg BT 376.48 93.25 Td (January ) Tj ET Q q 0 0 0 rg BT 410.15 93.25 Td (1) Tj ET Q q 0 0 0 rg BT 414.78 93.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 424.85 93.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 449.93 93.25 Td (and ) Tj ET Q q 0 0 0 rg BT 466.94 93.25 Td (ruling ) Tj ET Q q 0 0 0 rg BT 493.40 93.25 Td (given ) Tj ET Q q 0 0 0 rg BT 518.19 93.25 Td (on ) Tj ET Q q 0 0 0 rg BT 530.76 93.25 Td (July ) Tj ET Q q 0 0 0 rg BT 550.01 93.25 Td (10, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 74.50 81.25 Td (upheld ) Tj ET Q q 0 0 0 rg BT 104.22 81.25 Td (the ) Tj ET Q q 0 0 0 rg BT 118.38 81.25 Td (ACM) Tj ET Q q 0 0 0 rg BT 143.94 81.25 Td (s ) Tj ET Q q 0 0 0 rg BT 150.33 81.25 Td (use ) Tj ET Q q 0 0 0 rg BT 166.17 81.25 Td (of ) Tj ET Q q 0 0 0 rg BT 177.00 81.25 Td (pure ) Tj ET Q q 0 0 0 rg BT 197.26 81.25 Td (BULRIC, ) Tj ET Q q 0 0 0 rg BT 238.93 81.25 Td (though ) Tj ET Q q 0 0 0 rg BT 269.21 81.25 Td (not ) Tj ET Q q 0 0 0 rg BT 284.49 81.25 Td (requesting ) Tj ET Q q 0 0 0 rg BT 328.65 81.25 Td (retroactive ) Tj ET Q q 0 0 0 rg BT 373.89 81.25 Td (adjustment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 59.25 Td (In ) Tj ET Q q 0 0 0 rg BT 77.96 59.25 Td (April ) Tj ET Q q 0 0 0 rg BT 101.79 59.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 127.02 59.25 Td (the ) Tj ET Q q 0 0 0 rg BT 141.36 59.25 Td (ACM ) Tj ET Q q 0 0 0 rg BT 166.87 59.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 205.14 59.25 Td (their ) Tj ET Q q 0 0 0 rg BT 226.20 59.25 Td (plan ) Tj ET Q q 0 0 0 rg BT 246.14 59.25 Td (to ) Tj ET Q q 0 0 0 rg BT 256.65 59.25 Td (impose ) Tj ET Q q 0 0 0 rg BT 288.26 59.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 304.73 59.25 Td (f ) Tj ET Q q 0 0 0 rg BT 310.79 59.25 Td (ceilings ) Tj ET Q q 0 0 0 rg BT 344.62 59.25 Td (of ) Tj ET Q q 0 0 0 rg BT 355.68 59.25 Td (0.00139 ) Tj ET Q q 0 0 0 rg BT 395.91 59.25 Td (per ) Tj ET Q q 0 0 0 rg BT 411.40 59.25 Td (minute ) Tj ET Q q 0 0 0 rg BT 441.90 59.25 Td (for ) Tj ET Q q 0 0 0 rg BT 456.29 59.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 479.56 59.25 Td (and ) Tj ET Q q 0 0 0 rg BT 496.73 59.25 Td (0.005819 ) Tj ET Q q 0 0 0 rg BT 541.96 59.25 Td (cents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.25 Td (per ) Tj ET Q q 0 0 0 rg BT 65.11 47.25 Td (minute ) Tj ET Q q 0 0 0 rg BT 95.72 47.25 Td (for ) Tj ET Q q 0 0 0 rg BT 110.21 47.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 140.82 47.25 Td (calls ) Tj ET Q q 0 0 0 rg BT 161.99 47.25 Td (from ) Tj ET Q q 0 0 0 rg BT 184.26 47.25 Td (July ) Tj ET Q q 0 0 0 rg BT 203.77 47.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 214.10 47.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 239.44 47.25 Td (to ) Tj ET Q q 0 0 0 rg BT 250.06 47.25 Td (the ) Tj ET Q q 0 0 0 rg BT 265.11 47.25 Td (EC. ) Tj ET Q q 0 0 0 rg BT 283.02 47.25 Td (The ) Tj ET Q q 0 0 0 rg BT 301.40 47.25 Td (EC ) Tj ET Q q 0 0 0 rg BT 317.02 47.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 357.06 47.25 Td (these ) Tj ET Q q 0 0 0 rg BT 380.45 47.25 Td (in ) Tj ET Q q 0 0 0 rg BT 391.06 47.25 Td (May) Tj ET Q q 0 0 0 rg BT 408.74 47.25 Td (, ) Tj ET Q q 0 0 0 rg BT 414.08 47.25 Td (2017. ) Tj ET Q q 0 0 0 rg BT 439.21 47.25 Td (The ) Tj ET Q q 0 0 0 rg BT 457.60 47.25 Td (new ) Tj ET Q q 0 0 0 rg BT 477.09 47.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 493.57 47.25 Td (f ) Tj ET Q q 0 0 0 rg BT 499.73 47.25 Td (implementation ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (was ) Tj ET Q q 0 0 0 rg BT 67.12 713.10 Td (delayed ) Tj ET Q q 0 0 0 rg BT 100.28 713.10 Td (by ) Tj ET Q q 0 0 0 rg BT 112.35 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.64 713.10 Td (court ) Tj ET Q q 0 0 0 rg BT 149.26 713.10 Td (decision, ) Tj ET Q q 0 0 0 rg BT 187.15 713.10 Td (until ) Tj ET Q q 0 0 0 rg BT 207.55 713.10 Td (July ) Tj ET Q q 0 0 0 rg BT 226.29 713.10 Td (12, ) Tj ET Q q 0 0 0 rg BT 240.86 713.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 265.43 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 281.94 713.10 Td (will ) Tj ET Q q 0 0 0 rg BT 299.57 713.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 323.85 713.10 Td (until ) Tj ET Q q 0 0 0 rg BT 344.26 713.10 Td (July ) Tj ET Q q 0 0 0 rg BT 363.00 713.10 Td (12, ) Tj ET Q q 0 0 0 rg BT 377.57 713.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 401.98 713.10 Td (V) Tj ET Q q 0 0 0 rg BT 407.92 713.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 466.08 713.10 Td (appealed ) Tj ET Q q 0 0 0 rg BT 503.23 713.10 Td (ACM) Tj ET Q q 0 0 0 rg BT 528.79 713.10 Td (s ) Tj ET Q q 0 0 0 rg BT 534.75 713.10 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (decision. ) Tj ET Q q 0 0 0 rg BT 89.21 701.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.43 701.10 Td (September ) Tj ET Q q 0 0 0 rg BT 148.08 701.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 174.47 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 190.58 701.10 Td (appeal ) Tj ET Q q 0 0 0 rg BT 220.56 701.10 Td (court ) Tj ET Q q 0 0 0 rg BT 245.00 701.10 Td (delivered ) Tj ET Q q 0 0 0 rg BT 286.09 701.10 Td (its ) Tj ET Q q 0 0 0 rg BT 299.42 701.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 336.64 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 350.25 701.10 Td (V) Tj ET Q q 0 0 0 rg BT 356.18 701.10 Td (odafoneZiggo) Tj ET Q q 0 0 0 rg BT 415.05 701.10 Td (s ) Tj ET Q q 0 0 0 rg BT 422.83 701.10 Td (appeal ) Tj ET Q q 0 0 0 rg BT 452.81 701.10 Td (against ) Tj ET Q q 0 0 0 rg BT 485.03 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.27 701.10 Td (ACM) Tj ET Q q 0 0 0 rg BT 525.84 701.10 Td (s ) Tj ET Q q 0 0 0 rg BT 533.62 701.10 Td (Mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 689.10 Td (ermination/ ) Tj ET Q q 0 0 0 rg BT 102.53 689.10 Td (Fixed-line ) Tj ET Q q 0 0 0 rg BT 145.05 689.10 Td (T) Tj ET Q q 0 0 0 rg BT 150.46 689.10 Td (ermination ) Tj ET Q q 0 0 0 rg BT 195.30 689.10 Td (Rate ) Tj ET Q q 0 0 0 rg BT 215.15 689.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.48 689.10 Td (MTR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.81 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 243.34 689.10 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.30 689.10 Td (FTR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.30 689.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 284.15 689.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 330.11 689.10 Td (market ) Tj ET Q q 0 0 0 rg BT 359.40 689.10 Td (decision. ) Tj ET Q q 0 0 0 rg BT 396.63 689.10 Td (The ) Tj ET Q q 0 0 0 rg BT 413.70 689.10 Td (verdict ) Tj ET Q q 0 0 0 rg BT 442.99 689.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 478.95 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 492.69 689.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 526.42 689.10 Td (guidance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (sought ) Tj ET Q q 0 0 0 rg BT 78.67 677.10 Td (by ) Tj ET Q q 0 0 0 rg BT 90.99 677.10 Td (V) Tj ET Q q 0 0 0 rg BT 96.92 677.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 155.52 677.10 Td (about ) Tj ET Q q 0 0 0 rg BT 180.23 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.95 677.10 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 251.32 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 268.25 677.10 Td (setting ) Tj ET Q q 0 0 0 rg BT 297.42 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 308.25 677.10 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 372.95 677.10 Td (tarif) Tj ET Q q 0 0 0 rg BT 389.42 677.10 Td (fs ) Tj ET Q q 0 0 0 rg BT 399.14 677.10 Td (among ) Tj ET Q q 0 0 0 rg BT 428.86 677.10 Td (operators.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 655.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 83.23 655.10 Td (Local ) Tj ET Q q 0 0 0 rg BT 109.06 655.10 Td (Loop ) Tj ET Q q 0 0 0 rg BT 132.67 655.10 Td (Unbundling ) Tj ET Q q 0 0 0 rg BT 185.19 655.10 Td (Decision ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 633.10 Td (On ) Tj ET Q q 0 0 0 rg BT 81.99 633.10 Td (February ) Tj ET Q q 0 0 0 rg BT 120.35 633.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 135.12 633.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 159.89 633.10 Td (the ) Tj ET Q q 0 0 0 rg BT 173.87 633.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 198.92 633.10 Td (published ) Tj ET Q q 0 0 0 rg BT 240.08 633.10 Td (a ) Tj ET Q q 0 0 0 rg BT 246.78 633.10 Td (draft ) Tj ET Q q 0 0 0 rg BT 267.93 633.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 303.52 633.10 Td (in ) Tj ET Q q 0 0 0 rg BT 313.56 633.10 Td (its ) Tj ET Q q 0 0 0 rg BT 325.28 633.10 Td (Local ) Tj ET Q q 0 0 0 rg BT 350.31 633.10 Td (Loop ) Tj ET Q q 0 0 0 rg BT 373.69 633.10 Td (Unbundling ) Tj ET Q q 0 0 0 rg BT 423.73 633.10 Td (market ) Tj ET Q q 0 0 0 rg BT 453.76 633.10 Td (analysis, ) Tj ET Q q 0 0 0 rg BT 490.75 633.10 Td (now ) Tj ET Q q 0 0 0 rg BT 510.23 633.10 Td (referred ) Tj ET Q q 0 0 0 rg BT 544.14 633.10 Td (to ) Tj ET Q q 0 0 0 rg BT 554.18 633.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.10 Td (Wholesale ) Tj ET Q q 0 0 0 rg BT 94.33 621.10 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 119.15 621.10 Td (Access ) Tj ET Q q 0 0 0 rg BT 150.10 621.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.43 621.10 Td (WF) Tj ET Q q 0 0 0 rg BT 168.79 621.10 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.01 621.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 181.97 621.10 Td (in ) Tj ET Q q 0 0 0 rg BT 192.37 621.10 Td (which ) Tj ET Q q 0 0 0 rg BT 219.43 621.10 Td (it ) Tj ET Q q 0 0 0 rg BT 227.61 621.10 Td (aims ) Tj ET Q q 0 0 0 rg BT 249.13 621.10 Td (to ) Tj ET Q q 0 0 0 rg BT 259.53 621.10 Td (regulate ) Tj ET Q q 0 0 0 rg BT 294.17 621.10 Td (V) Tj ET Q q 0 0 0 rg BT 300.10 621.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 358.82 621.10 Td (by ) Tj ET Q q 0 0 0 rg BT 371.44 621.10 Td (imposing ) Tj ET Q q 0 0 0 rg BT 411.29 621.10 Td (an ) Tj ET Q q 0 0 0 rg BT 423.36 621.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 466.53 621.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.93 621.10 Td (of) Tj ET Q q 0 0 0 rg BT 485.08 621.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 498.81 621.10 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 541.42 621.10 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.10 Td (access ) Tj ET Q q 0 0 0 rg BT 77.09 609.10 Td (in ) Tj ET Q q 0 0 0 rg BT 86.91 609.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 121.73 609.10 Td (to ) Tj ET Q q 0 0 0 rg BT 131.56 609.10 Td (continuing ) Tj ET Q q 0 0 0 rg BT 176.38 609.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 210.10 609.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 252.69 609.10 Td (on ) Tj ET Q q 0 0 0 rg BT 264.73 609.10 Td (KPN. ) Tj ET Q q 0 0 0 rg BT 289.29 609.10 Td (Following ) Tj ET Q q 0 0 0 rg BT 332.45 609.10 Td (a ) Tj ET Q q 0 0 0 rg BT 338.94 609.10 Td (market ) Tj ET Q q 0 0 0 rg BT 368.75 609.10 Td (consultation, ) Tj ET Q q 0 0 0 rg BT 422.18 609.10 Td (the ) Tj ET Q q 0 0 0 rg BT 436.00 609.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 460.83 609.10 Td (notified ) Tj ET Q q 0 0 0 rg BT 493.98 609.10 Td (the ) Tj ET Q q 0 0 0 rg BT 508.24 609.10 Td (draft ) Tj ET Q q 0 0 0 rg BT 529.17 609.10 Td (decision ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.60 597.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.15 597.10 Td (EC. ) Tj ET Q q 0 0 0 rg BT 91.75 597.10 Td (On ) Tj ET Q q 0 0 0 rg BT 105.78 597.10 Td (August ) Tj ET Q q 0 0 0 rg BT 137.00 597.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 151.83 597.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 176.65 597.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.20 597.10 Td (EC ) Tj ET Q q 0 0 0 rg BT 206.30 597.10 Td (responded, ) Tj ET Q q 0 0 0 rg BT 252.22 597.10 Td (making ) Tj ET Q q 0 0 0 rg BT 284.54 597.10 Td (a ) Tj ET Q q 0 0 0 rg BT 291.31 597.10 Td (number ) Tj ET Q q 0 0 0 rg BT 324.18 597.10 Td (of ) Tj ET Q q 0 0 0 rg BT 334.84 597.10 Td (critical ) Tj ET Q q 0 0 0 rg BT 364.92 597.10 Td (comments, ) Tj ET Q q 0 0 0 rg BT 410.85 597.10 Td (but ) Tj ET Q q 0 0 0 rg BT 425.95 597.10 Td (not ) Tj ET Q q 0 0 0 rg BT 441.06 597.10 Td (rejecting ) Tj ET Q q 0 0 0 rg BT 478.36 597.10 Td (the ) Tj ET Q q 0 0 0 rg BT 492.39 597.10 Td (ACM) Tj ET Q q 0 0 0 rg BT 517.96 597.10 Td (s ) Tj ET Q q 0 0 0 rg BT 524.17 597.10 Td (proposals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.10 Td (\(no ) Tj ET Q q 0 0 0 rg BT 65.29 585.10 Td (serious ) Tj ET Q q 0 0 0 rg BT 96.07 585.10 Td (doubts\). ) Tj ET Q q 0 0 0 rg BT 130.85 585.10 Td (The ) Tj ET Q q 0 0 0 rg BT 148.31 585.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 173.55 585.10 Td (then ) Tj ET Q q 0 0 0 rg BT 193.22 585.10 Td (published ) Tj ET Q q 0 0 0 rg BT 234.57 585.10 Td (a ) Tj ET Q q 0 0 0 rg BT 241.46 585.10 Td (final ) Tj ET Q q 0 0 0 rg BT 262.24 585.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 298.02 585.10 Td (on ) Tj ET Q q 0 0 0 rg BT 310.48 585.10 Td (September ) Tj ET Q q 0 0 0 rg BT 355.70 585.10 Td (28, ) Tj ET Q q 0 0 0 rg BT 370.66 585.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 395.61 585.10 Td (which ) Tj ET Q q 0 0 0 rg BT 422.51 585.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 454.39 585.10 Td (into ) Tj ET Q q 0 0 0 rg BT 472.40 585.10 Td (force ) Tj ET Q q 0 0 0 rg BT 495.39 585.10 Td (October ) Tj ET Q q 0 0 0 rg BT 530.06 585.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 540.01 585.10 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 573.10 Td (e ) Tj ET Q q 0 0 0 rg BT 65.09 573.10 Td (have ) Tj ET Q q 0 0 0 rg BT 86.49 573.10 Td (appealed ) Tj ET Q q 0 0 0 rg BT 124.53 573.10 Td (both ) Tj ET Q q 0 0 0 rg BT 144.83 573.10 Td (the ) Tj ET Q q 0 0 0 rg BT 159.56 573.10 Td (EC) Tj ET Q q 0 0 0 rg BT 175.12 573.10 Td (s ) Tj ET Q q 0 0 0 rg BT 181.53 573.10 Td (letter ) Tj ET Q q 0 0 0 rg BT 204.58 573.10 Td (and ) Tj ET Q q 0 0 0 rg BT 220.98 573.10 Td (ACM) Tj ET Q q 0 0 0 rg BT 246.54 573.10 Td (s ) Tj ET Q q 0 0 0 rg BT 252.95 573.10 Td (decision. ) Tj ET Q q 0 0 0 rg BT 291.29 573.10 Td (In ) Tj ET Q q 0 0 0 rg BT 302.14 573.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.87 573.10 Td (latter ) Tj ET Q q 0 0 0 rg BT 339.93 573.10 Td (case, ) Tj ET Q q 0 0 0 rg BT 362.15 573.10 Td (we ) Tj ET Q q 0 0 0 rg BT 376.33 573.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 404.94 573.10 Td (a ) Tj ET Q q 0 0 0 rg BT 411.89 573.10 Td (verdict ) Tj ET Q q 0 0 0 rg BT 442.17 573.10 Td (before ) Tj ET Q q 0 0 0 rg BT 470.23 573.10 Td (the ) Tj ET Q q 0 0 0 rg BT 484.96 573.10 Td (end ) Tj ET Q q 0 0 0 rg BT 501.91 573.10 Td (of ) Tj ET Q q 0 0 0 rg BT 512.76 573.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 537.22 573.10 Td (A) Tj ET Q q 0 0 0 rg BT 543.89 573.10 Td ( ) Tj ET Q q 0 0 0 rg BT 546.41 573.10 Td (first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 92.67 561.10 Td (on ) Tj ET Q q 0 0 0 rg BT 105.10 561.10 Td (V) Tj ET Q q 0 0 0 rg BT 111.03 561.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 169.74 561.10 Td (to ) Tj ET Q q 0 0 0 rg BT 180.14 561.10 Td (publish ) Tj ET Q q 0 0 0 rg BT 212.20 561.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.26 561.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 259.06 561.10 Td (of) Tj ET Q q 0 0 0 rg BT 267.21 561.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 280.92 561.10 Td (for ) Tj ET Q q 0 0 0 rg BT 295.20 561.10 Td (January ) Tj ET Q q 0 0 0 rg BT 328.92 561.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 339.03 561.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 364.15 561.10 Td (has ) Tj ET Q q 0 0 0 rg BT 380.10 561.10 Td (been ) Tj ET Q q 0 0 0 rg BT 401.59 561.10 Td (complied ) Tj ET Q q 0 0 0 rg BT 441.42 561.10 Td (with. ) Tj ET Q q 0 0 0 rg BT 464.13 561.10 Td (V) Tj ET Q q 0 0 0 rg BT 470.06 561.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 528.77 561.10 Td (only ) Tj ET Q q 0 0 0 rg BT 549.17 561.10 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.66 549.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 85.92 549.10 Td (in ) Tj ET Q q 0 0 0 rg BT 96.08 549.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.68 549.10 Td (implementation ) Tj ET Q q 0 0 0 rg BT 175.82 549.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.53 549.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 210.00 549.10 Td (access ) Tj ET Q q 0 0 0 rg BT 237.92 549.10 Td (if ) Tj ET Q q 0 0 0 rg BT 246.41 549.10 Td (there ) Tj ET Q q 0 0 0 rg BT 268.77 549.10 Td (is ) Tj ET Q q 0 0 0 rg BT 277.82 549.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 304.07 549.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 338.11 549.10 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 358.53 549.10 Td (a ) Tj ET Q q 0 0 0 rg BT 365.35 549.10 Td (signed ) Tj ET Q q 0 0 0 rg BT 393.84 549.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 428.42 549.10 Td (with ) Tj ET Q q 0 0 0 rg BT 448.58 549.10 Td (an ) Tj ET Q q 0 0 0 rg BT 460.40 549.10 Td (access ) Tj ET Q q 0 0 0 rg BT 488.31 549.10 Td (seeker\). ) Tj ET Q q 0 0 0 rg BT 521.89 549.10 Td (W) Tj ET Q q 0 0 0 rg BT 530.53 549.10 Td (e ) Tj ET Q q 0 0 0 rg BT 537.34 549.10 Td (do ) Tj ET Q q 0 0 0 rg BT 549.72 549.10 Td (not ) Tj ET Q q 0 0 0 rg BT 565.00 549.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 78.09 537.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 101.69 537.10 Td (access ) Tj ET Q q 0 0 0 rg BT 129.72 537.10 Td (to ) Tj ET Q q 0 0 0 rg BT 140.00 537.10 Td (be ) Tj ET Q q 0 0 0 rg BT 151.94 537.10 Td (available ) Tj ET Q q 0 0 0 rg BT 190.53 537.10 Td (before ) Tj ET Q q 0 0 0 rg BT 218.57 537.10 Td (January ) Tj ET Q q 0 0 0 rg BT 252.17 537.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 262.17 537.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 286.99 537.10 Td (The ) Tj ET Q q 0 0 0 rg BT 305.03 537.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 331.40 537.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 368.88 537.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 398.60 537.10 Td (on ) Tj ET Q q 0 0 0 rg BT 411.10 537.10 Td (our ) Tj ET Q q 0 0 0 rg BT 426.93 537.10 Td (business ) Tj ET Q q 0 0 0 rg BT 463.32 537.10 Td (is ) Tj ET Q q 0 0 0 rg BT 472.49 537.10 Td (not ) Tj ET Q q 0 0 0 rg BT 487.77 537.10 Td (known ) Tj ET Q q 0 0 0 rg BT 517.49 537.10 Td (yet. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 515.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 108.24 515.10 Td (of ) Tj ET Q q 0 0 0 rg BT 119.07 515.10 Td (T) Tj ET Q q 0 0 0 rg BT 124.26 515.10 Td (ele2 ) Tj ET Q q 0 0 0 rg BT 143.41 515.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 196.47 515.10 Td (by ) Tj ET Q q 0 0 0 rg BT 208.41 515.10 Td (T) Tj ET Q q 0 0 0 rg BT 213.60 515.10 Td (-Mobile ) Tj ET Q q 0 0 0 rg BT 248.32 515.10 Td (Netherlands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 493.10 Td (On ) Tj ET Q q 0 0 0 rg BT 82.41 493.10 Td (November ) Tj ET Q q 0 0 0 rg BT 127.30 493.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 142.49 493.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 167.67 493.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.57 493.10 Td (EC ) Tj ET Q q 0 0 0 rg BT 198.04 493.10 Td (approved, ) Tj ET Q q 0 0 0 rg BT 240.43 493.10 Td (under ) Tj ET Q q 0 0 0 rg BT 265.88 493.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.79 493.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 296.80 493.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 313.28 493.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 328.74 493.10 Td (Regulation, ) Tj ET Q q 0 0 0 rg BT 377.80 493.10 Td (the ) Tj ET Q q 0 0 0 rg BT 392.71 493.10 Td (proposed ) Tj ET Q q 0 0 0 rg BT 432.05 493.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 478.62 493.10 Td (of ) Tj ET Q q 0 0 0 rg BT 489.44 493.10 Td (T) Tj ET Q q 0 0 0 rg BT 494.85 493.10 Td (ele2 ) Tj ET Q q 0 0 0 rg BT 514.19 493.10 Td (Netherlands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.10 Td (by ) Tj ET Q q 0 0 0 rg BT 61.59 481.10 Td (T) Tj ET Q q 0 0 0 rg BT 66.78 481.10 Td (-Mobile ) Tj ET Q q 0 0 0 rg BT 101.24 481.10 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 154.31 481.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.77 481.10 Td (third ) Tj ET Q q 0 0 0 rg BT 189.91 481.10 Td (and ) Tj ET Q q 0 0 0 rg BT 206.59 481.10 Td (fourth ) Tj ET Q q 0 0 0 rg BT 233.28 481.10 Td (players ) Tj ET Q q 0 0 0 rg BT 264.41 481.10 Td (in ) Tj ET Q q 0 0 0 rg BT 274.43 481.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.90 481.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 315.58 481.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 345.61 481.10 Td (market. ) Tj ET Q q 0 0 0 rg BT 377.96 481.10 Td (The ) Tj ET Q q 0 0 0 rg BT 395.75 481.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 431.33 481.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 463.57 481.10 Td (an ) Tj ET Q q 0 0 0 rg BT 475.26 481.10 Td (in-depth ) Tj ET Q q 0 0 0 rg BT 510.83 481.10 Td (investigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 469.10 Td (by ) Tj ET Q q 0 0 0 rg BT 62.07 469.10 Td (the ) Tj ET Q q 0 0 0 rg BT 76.86 469.10 Td (EC. ) Tj ET Q q 0 0 0 rg BT 94.53 469.10 Td (The ) Tj ET Q q 0 0 0 rg BT 112.65 469.10 Td (mer) Tj ET Q q 0 0 0 rg BT 128.01 469.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 143.35 469.10 Td (took ) Tj ET Q q 0 0 0 rg BT 163.70 469.10 Td (ef) Tj ET Q q 0 0 0 rg BT 171.29 469.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 188.85 469.10 Td (on ) Tj ET Q q 0 0 0 rg BT 201.42 469.10 Td (January ) Tj ET Q q 0 0 0 rg BT 235.09 469.10 Td (2, ) Tj ET Q q 0 0 0 rg BT 245.16 469.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 270.05 469.10 Td (The ) Tj ET Q q 0 0 0 rg BT 288.17 469.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 330.17 469.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 355.52 469.10 Td (remains ) Tj ET Q q 0 0 0 rg BT 389.75 469.10 Td (the ) Tj ET Q q 0 0 0 rg BT 404.54 469.10 Td (third ) Tj ET Q q 0 0 0 rg BT 426.00 469.10 Td (lar) Tj ET Q q 0 0 0 rg BT 436.36 469.10 Td (gest ) Tj ET Q q 0 0 0 rg BT 455.04 469.10 Td (player ) Tj ET Q q 0 0 0 rg BT 482.60 469.10 Td (in ) Tj ET Q q 0 0 0 rg BT 492.95 469.10 Td (the ) Tj ET Q q 0 0 0 rg BT 507.74 469.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 534.75 469.10 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.10 Td (after ) Tj ET Q q 0 0 0 rg BT 70.32 457.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 92.82 457.10 Td (and ) Tj ET Q q 0 0 0 rg BT 109.58 457.10 Td (V) Tj ET Q q 0 0 0 rg BT 115.51 457.10 Td (odafoneZiggo.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 435.10 Td (Network ) Tj ET Q q 0 0 0 rg BT 96.00 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 114.06 435.10 Td (services ) Tj ET Q q 0 0 0 rg BT 148.77 435.10 Td (security ) Tj ET Q q 0 0 0 rg BT 183.49 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.55 435.10 Td (continuity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 411.10 Td (As ) Tj ET Q q 0 0 0 rg BT 81.12 411.10 Td (a ) Tj ET Q q 0 0 0 rg BT 88.07 411.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 124.46 411.10 Td (of ) Tj ET Q q 0 0 0 rg BT 135.30 411.10 Td (public ) Tj ET Q q 0 0 0 rg BT 162.80 411.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 204.73 411.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 269.45 411.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 308.62 411.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.57 411.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 362.78 411.10 Td (we ) Tj ET Q q 0 0 0 rg BT 376.95 411.10 Td (are ) Tj ET Q q 0 0 0 rg BT 391.67 411.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 422.50 411.10 Td (to ) Tj ET Q q 0 0 0 rg BT 432.79 411.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 466.40 411.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 513.35 411.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.64 411.10 Td (safeguard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.15 399.10 Td (security ) Tj ET Q q 0 0 0 rg BT 98.24 399.10 Td (and ) Tj ET Q q 0 0 0 rg BT 115.11 399.10 Td (integrity ) Tj ET Q q 0 0 0 rg BT 151.42 399.10 Td (of ) Tj ET Q q 0 0 0 rg BT 162.19 399.10 Td (our ) Tj ET Q q 0 0 0 rg BT 177.95 399.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 217.04 399.10 Td (and ) Tj ET Q q 0 0 0 rg BT 233.92 399.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 271.06 399.10 Td (and ) Tj ET Q q 0 0 0 rg BT 287.93 399.10 Td (to ) Tj ET Q q 0 0 0 rg BT 298.14 399.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 326.67 399.10 Td (the ) Tj ET Q q 0 0 0 rg BT 341.32 399.10 Td (continuity ) Tj ET Q q 0 0 0 rg BT 384.31 399.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.07 399.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 436.92 399.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 505.45 399.10 Td (services ) Tj ET Q q 0 0 0 rg BT 540.09 399.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.30 399.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.10 Td (event ) Tj ET Q q 0 0 0 rg BT 74.32 387.10 Td (of ) Tj ET Q q 0 0 0 rg BT 85.82 387.10 Td (disturbances ) Tj ET Q q 0 0 0 rg BT 138.97 387.10 Td (or ) Tj ET Q q 0 0 0 rg BT 150.46 387.10 Td (outages ) Tj ET Q q 0 0 0 rg BT 184.18 387.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.67 387.10 Td (the ) Tj ET Q q 0 0 0 rg BT 211.05 387.10 Td (electricity ) Tj ET Q q 0 0 0 rg BT 254.19 387.10 Td (grid. ) Tj ET Q q 0 0 0 rg BT 275.74 387.10 Td (W) Tj ET Q q 0 0 0 rg BT 284.38 387.10 Td (e ) Tj ET Q q 0 0 0 rg BT 291.98 387.10 Td (are ) Tj ET Q q 0 0 0 rg BT 307.35 387.10 Td (also ) Tj ET Q q 0 0 0 rg BT 326.63 387.10 Td (required ) Tj ET Q q 0 0 0 rg BT 363.11 387.10 Td (to ) Tj ET Q q 0 0 0 rg BT 374.05 387.10 Td (notify ) Tj ET Q q 0 0 0 rg BT 401.10 387.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.79 387.10 Td (A) Tj ET Q q 0 0 0 rg BT 421.90 387.10 Td (T) Tj ET Q q 0 0 0 rg BT 427.83 387.10 Td ( ) Tj ET Q q 0 0 0 rg BT 430.99 387.10 Td (and ) Tj ET Q q 0 0 0 rg BT 448.60 387.10 Td (the ) Tj ET Q q 0 0 0 rg BT 463.98 387.10 Td (National ) Tj ET Q q 0 0 0 rg BT 501.58 387.10 Td (Cyber ) Tj ET Q q 0 0 0 rg BT 529.18 387.10 Td (Security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td (Center ) Tj ET Q q 0 0 0 rg BT 79.26 375.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.02 375.10 Td (NCSC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.25 375.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 125.12 375.10 Td (of ) Tj ET Q q 0 0 0 rg BT 136.55 375.10 Td (security ) Tj ET Q q 0 0 0 rg BT 171.31 375.10 Td (and ) Tj ET Q q 0 0 0 rg BT 188.85 375.10 Td (integrity ) Tj ET Q q 0 0 0 rg BT 225.83 375.10 Td (breaches ) Tj ET Q q 0 0 0 rg BT 263.90 375.10 Td (which ) Tj ET Q q 0 0 0 rg BT 291.44 375.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 335.08 375.10 Td (threaten ) Tj ET Q q 0 0 0 rg BT 370.38 375.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.70 375.10 Td (continuity ) Tj ET Q q 0 0 0 rg BT 429.35 375.10 Td (of ) Tj ET Q q 0 0 0 rg BT 440.78 375.10 Td (our ) Tj ET Q q 0 0 0 rg BT 457.21 375.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 496.98 375.10 Td (and ) Tj ET Q q 0 0 0 rg BT 514.51 375.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 552.10 375.10 Td (T) Tj ET Q q 0 0 0 rg BT 557.51 375.10 Td (o ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.10 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 85.07 363.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.09 363.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 121.79 363.10 Td (to ) Tj ET Q q 0 0 0 rg BT 132.37 363.10 Td (continuity ) Tj ET Q q 0 0 0 rg BT 175.73 363.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.86 363.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 217.44 363.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 254.75 363.10 Td (V) Tj ET Q q 0 0 0 rg BT 260.68 363.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 295.69 363.10 Td (NL, ) Tj ET Q q 0 0 0 rg BT 314.12 363.10 Td (T) Tj ET Q q 0 0 0 rg BT 319.31 363.10 Td (-Mobile, ) Tj ET Q q 0 0 0 rg BT 356.84 363.10 Td (and ) Tj ET Q q 0 0 0 rg BT 374.08 363.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 396.89 363.10 Td (voluntarily ) Tj ET Q q 0 0 0 rg BT 443.57 363.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 475.80 363.10 Td (into ) Tj ET Q q 0 0 0 rg BT 494.16 363.10 Td (national ) Tj ET Q q 0 0 0 rg BT 529.18 363.10 Td (roaming ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 106.45 351.10 Td (in ) Tj ET Q q 0 0 0 rg BT 117.31 351.10 Td (2014, ) Tj ET Q q 0 0 0 rg BT 142.90 351.10 Td (allowing ) Tj ET Q q 0 0 0 rg BT 180.98 351.10 Td (for ) Tj ET Q q 0 0 0 rg BT 195.72 351.10 Td (their ) Tj ET Q q 0 0 0 rg BT 217.13 351.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 260.75 351.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 308.82 351.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.69 351.10 Td (roam ) Tj ET Q q 0 0 0 rg BT 343.32 351.10 Td (\(voice ) Tj ET Q q 0 0 0 rg BT 371.39 351.10 Td (and ) Tj ET Q q 0 0 0 rg BT 388.91 351.10 Td (SMS\) ) Tj ET Q q 0 0 0 rg BT 415.34 351.10 Td (on ) Tj ET Q q 0 0 0 rg BT 428.43 351.10 Td (the ) Tj ET Q q 0 0 0 rg BT 443.73 351.10 Td (other ) Tj ET Q q 0 0 0 rg BT 467.36 351.10 Td (parties) Tj ET Q q 0 0 0 rg BT 496.60 351.10 Td ( ) Tj ET Q q 0 0 0 rg BT 499.69 351.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 539.43 351.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.30 351.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.10 Td (event ) Tj ET Q q 0 0 0 rg BT 73.66 339.10 Td (of ) Tj ET Q q 0 0 0 rg BT 84.49 339.10 Td (severe ) Tj ET Q q 0 0 0 rg BT 112.52 339.10 Td (outages. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 317.10 Td (End-user ) Tj ET Q q 0 0 0 rg BT 99.34 317.10 Td (Protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 295.10 Td (As ) Tj ET Q q 0 0 0 rg BT 81.78 295.10 Td (a ) Tj ET Q q 0 0 0 rg BT 89.38 295.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 126.42 295.10 Td (of ) Tj ET Q q 0 0 0 rg BT 137.91 295.10 Td (public ) Tj ET Q q 0 0 0 rg BT 166.07 295.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 208.65 295.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 274.02 295.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 313.84 295.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.45 295.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 369.32 295.10 Td (we ) Tj ET Q q 0 0 0 rg BT 384.14 295.10 Td (are ) Tj ET Q q 0 0 0 rg BT 399.51 295.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 431.00 295.10 Td (to ) Tj ET Q q 0 0 0 rg BT 441.94 295.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 476.20 295.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 523.79 295.10 Td (aiming ) Tj ET Q q 0 0 0 rg BT 554.73 295.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 79.81 283.10 Td (end-users, ) Tj ET Q q 0 0 0 rg BT 123.18 283.10 Td (including ) Tj ET Q q 0 0 0 rg BT 163.50 283.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 210.49 283.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 257.46 283.10 Td (information ) Tj ET Q q 0 0 0 rg BT 307.22 283.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 354.21 283.10 Td (toward ) Tj ET Q q 0 0 0 rg BT 384.53 283.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 432.35 283.10 Td (the ) Tj ET Q q 0 0 0 rg BT 447.11 283.10 Td (enactment ) Tj ET Q q 0 0 0 rg BT 490.75 283.10 Td (of ) Tj ET Q q 0 0 0 rg BT 501.63 283.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 554.72 283.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (end-user ) Tj ET Q q 0 0 0 rg BT 85.73 271.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 126.12 271.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.14 271.10 Td (term ) Tj ET Q q 0 0 0 rg BT 160.26 271.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.39 271.10 Td (end ) Tj ET Q q 0 0 0 rg BT 186.63 271.10 Td (user ) Tj ET Q q 0 0 0 rg BT 205.09 271.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 245.48 271.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 293.38 271.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 317.96 271.10 Td (of ) Tj ET Q q 0 0 0 rg BT 328.09 271.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 375.15 271.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 404.73 271.10 Td (reporting, ) Tj ET Q q 0 0 0 rg BT 445.68 271.10 Td (access ) Tj ET Q q 0 0 0 rg BT 473.02 271.10 Td (to ) Tj ET Q q 0 0 0 rg BT 482.60 271.10 Td (emer) Tj ET Q q 0 0 0 rg BT 502.40 271.10 Td (gency ) Tj ET Q q 0 0 0 rg BT 528.08 271.10 Td (numbers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.31 259.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 109.77 259.10 Td (information, ) Tj ET Q q 0 0 0 rg BT 161.85 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.66 259.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 236.57 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 247.26 259.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 290.73 259.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 309.19 259.10 Td (in ) Tj ET Q q 0 0 0 rg BT 319.34 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.92 259.10 Td (event ) Tj ET Q q 0 0 0 rg BT 357.95 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.64 259.10 Td (outages. ) Tj ET Q q 0 0 0 rg BT 403.54 259.10 Td (Access ) Tj ET Q q 0 0 0 rg BT 434.22 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 444.37 259.10 Td (emer) Tj ET Q q 0 0 0 rg BT 464.17 259.10 Td (gency ) Tj ET Q q 0 0 0 rg BT 490.42 259.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 527.22 259.10 Td (has ) Tj ET Q q 0 0 0 rg BT 542.92 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 553.07 259.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 87.92 247.10 Td (without ) Tj ET Q q 0 0 0 rg BT 121.35 247.10 Td (limitation ) Tj ET Q q 0 0 0 rg BT 163.12 247.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.43 247.10 Td (free ) Tj ET Q q 0 0 0 rg BT 198.84 247.10 Td (of ) Tj ET Q q 0 0 0 rg BT 210.05 247.10 Td (char) Tj ET Q q 0 0 0 rg BT 227.07 247.10 Td (ge. ) Tj ET Q q 0 0 0 rg BT 241.25 247.10 Td (Access ) Tj ET Q q 0 0 0 rg BT 272.45 247.10 Td (to ) Tj ET Q q 0 0 0 rg BT 283.10 247.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 327.07 247.10 Td (information ) Tj ET Q q 0 0 0 rg BT 377.16 247.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 413.36 247.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.45 247.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 469.11 247.10 Td (of ) Tj ET Q q 0 0 0 rg BT 480.31 247.10 Td (access ) Tj ET Q q 0 0 0 rg BT 508.72 247.10 Td (to ) Tj ET Q q 0 0 0 rg BT 519.38 247.10 Td (the ) Tj ET Q q 0 0 0 rg BT 534.47 247.10 Td (names, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (addresses ) Tj ET Q q 0 0 0 rg BT 90.32 235.10 Td (and ) Tj ET Q q 0 0 0 rg BT 107.26 235.10 Td (telephone ) Tj ET Q q 0 0 0 rg BT 148.63 235.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 185.57 235.10 Td (of ) Tj ET Q q 0 0 0 rg BT 196.40 235.10 Td (our ) Tj ET Q q 0 0 0 rg BT 212.23 235.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 259.72 235.10 Td (who ) Tj ET Q q 0 0 0 rg BT 279.44 235.10 Td (have ) Tj ET Q q 0 0 0 rg BT 300.82 235.10 Td (consented ) Tj ET Q q 0 0 0 rg BT 343.30 235.10 Td (to ) Tj ET Q q 0 0 0 rg BT 353.58 235.10 Td (be ) Tj ET Q q 0 0 0 rg BT 365.52 235.10 Td (included ) Tj ET Q q 0 0 0 rg BT 402.45 235.10 Td (in ) Tj ET Q q 0 0 0 rg BT 412.73 235.10 Td (directory ) Tj ET Q q 0 0 0 rg BT 451.33 235.10 Td (enquiry ) Tj ET Q q 0 0 0 rg BT 484.37 235.10 Td (services. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 213.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 81.00 213.10 Td (Protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 191.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.28 191.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 122.93 191.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.14 191.10 Td (public ) Tj ET Q q 0 0 0 rg BT 160.02 191.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 201.33 191.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 269.31 191.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 307.86 191.10 Td (or ) Tj ET Q q 0 0 0 rg BT 318.07 191.10 Td (services ) Tj ET Q q 0 0 0 rg BT 352.16 191.10 Td (and ) Tj ET Q q 0 0 0 rg BT 368.49 191.10 Td (further ) Tj ET Q q 0 0 0 rg BT 397.58 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 407.24 191.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.34 191.10 Td (European ) Tj ET Q q 0 0 0 rg BT 461.54 191.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 482.30 191.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 525.29 191.10 Td (Directive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.85 179.10 Td (the ) Tj ET Q q 0 0 0 rg BT 81.99 179.10 Td (ePrivacy ) Tj ET Q q 0 0 0 rg BT 119.89 179.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 162.51 179.10 Td (a ) Tj ET Q q 0 0 0 rg BT 169.86 179.10 Td (strict ) Tj ET Q q 0 0 0 rg BT 192.78 179.10 Td (data ) Tj ET Q q 0 0 0 rg BT 212.35 179.10 Td (protection ) Tj ET Q q 0 0 0 rg BT 255.81 179.10 Td (regime ) Tj ET Q q 0 0 0 rg BT 286.49 179.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 317.73 179.10 Td (in ) Tj ET Q q 0 0 0 rg BT 328.42 179.10 Td (the ) Tj ET Q q 0 0 0 rg BT 343.56 179.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 397.29 179.10 Td (In ) Tj ET Q q 0 0 0 rg BT 408.53 179.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 444.22 179.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.92 179.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.05 179.10 Td (general ) Tj ET Q q 0 0 0 rg BT 502.39 179.10 Td (data ) Tj ET Q q 0 0 0 rg BT 521.96 179.10 Td (protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (framework ) Tj ET Q q 0 0 0 rg BT 95.98 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 106.92 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.74 167.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 143.23 167.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 186.36 167.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 203.41 167.10 Td (\(W) Tj ET Q q 0 0 0 rg BT 215.38 167.10 Td (et ) Tj ET Q q 0 0 0 rg BT 225.20 167.10 Td (bescherming ) Tj ET Q q 0 0 0 rg BT 278.91 167.10 Td (persoonsgegevens\), ) Tj ET Q q 0 0 0 rg BT 360.10 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 374.93 167.10 Td (DT) Tj ET Q q 0 0 0 rg BT 387.46 167.10 Td (A) Tj ET Q q 0 0 0 rg BT 394.13 167.10 Td ( ) Tj ET Q q 0 0 0 rg BT 396.74 167.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 414.35 167.10 Td (out ) Tj ET Q q 0 0 0 rg BT 429.73 167.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 463.44 167.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 510.48 167.10 Td (for ) Tj ET Q q 0 0 0 rg BT 524.75 167.10 Td (providers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.20 155.10 Td (public ) Tj ET Q q 0 0 0 rg BT 89.57 155.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 132.36 155.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 201.83 155.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 241.86 155.10 Td (and ) Tj ET Q q 0 0 0 rg BT 259.67 155.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 297.50 155.10 Td (These ) Tj ET Q q 0 0 0 rg BT 324.75 155.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 372.55 155.10 Td (include ) Tj ET Q q 0 0 0 rg BT 405.35 155.10 Td (an ) Tj ET Q q 0 0 0 rg BT 418.16 155.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 462.09 155.10 Td (to ) Tj ET Q q 0 0 0 rg BT 473.24 155.10 Td (of) Tj ET Q q 0 0 0 rg BT 481.38 155.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 495.85 155.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 526.43 155.10 Td (technical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 89.93 143.10 Td (such ) Tj ET Q q 0 0 0 rg BT 111.77 143.10 Td (as ) Tj ET Q q 0 0 0 rg BT 123.60 143.10 Td (specification ) Tj ET Q q 0 0 0 rg BT 178.19 143.10 Td (of ) Tj ET Q q 0 0 0 rg BT 190.02 143.10 Td (invoices, ) Tj ET Q q 0 0 0 rg BT 229.35 143.10 Td (telephone ) Tj ET Q q 0 0 0 rg BT 271.73 143.10 Td (number ) Tj ET Q q 0 0 0 rg BT 305.78 143.10 Td (identification ) Tj ET Q q 0 0 0 rg BT 362.60 143.10 Td (and ) Tj ET Q q 0 0 0 rg BT 380.54 143.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 414.58 143.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.41 143.10 Td (calls, ) Tj ET Q q 0 0 0 rg BT 450.74 143.10 Td (rules ) Tj ET Q q 0 0 0 rg BT 473.68 143.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 515.50 143.10 Td (the ) Tj ET Q q 0 0 0 rg BT 531.22 143.10 Td (use ) Tj ET Q q 0 0 0 rg BT 548.06 143.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 94.33 131.10 Td (of ) Tj ET Q q 0 0 0 rg BT 104.71 131.10 Td (location ) Tj ET Q q 0 0 0 rg BT 138.98 131.10 Td (data ) Tj ET Q q 0 0 0 rg BT 157.70 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 174.19 131.10 Td (traf) Tj ET Q q 0 0 0 rg BT 187.89 131.10 Td (fic ) Tj ET Q q 0 0 0 rg BT 200.50 131.10 Td (data ) Tj ET Q q 0 0 0 rg BT 219.21 131.10 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 239.31 131.10 Td (call ) Tj ET Q q 0 0 0 rg BT 255.81 131.10 Td (detail ) Tj ET Q q 0 0 0 rg BT 280.08 131.10 Td (records\), ) Tj ET Q q 0 0 0 rg BT 317.39 131.10 Td (an ) Tj ET Q q 0 0 0 rg BT 328.89 131.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 371.50 131.10 Td (to ) Tj ET Q q 0 0 0 rg BT 381.34 131.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 413.94 131.10 Td (access ) Tj ET Q q 0 0 0 rg BT 441.54 131.10 Td (to ) Tj ET Q q 0 0 0 rg BT 451.37 131.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 494.53 131.10 Td (lists ) Tj ET Q q 0 0 0 rg BT 512.71 131.10 Td (for ) Tj ET Q q 0 0 0 rg BT 526.42 131.10 Td (directory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 88.86 119.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 137.95 119.10 Td (to ) Tj ET Q q 0 0 0 rg BT 150.38 119.10 Td (implement ) Tj ET Q q 0 0 0 rg BT 197.79 119.10 Td (security ) Tj ET Q q 0 0 0 rg BT 234.10 119.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 275.96 119.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.38 119.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 320.80 119.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 359.32 119.10 Td (data ) Tj ET Q q 0 0 0 rg BT 380.63 119.10 Td (and ) Tj ET Q q 0 0 0 rg BT 399.72 119.10 Td (rules ) Tj ET Q q 0 0 0 rg BT 423.80 119.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 466.77 119.10 Td (unsolicited ) Tj ET Q q 0 0 0 rg BT 515.30 119.10 Td (commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 118.16 107.10 Td (\(spam\). ) Tj ET Q q 0 0 0 rg BT 159.69 107.10 Td (The ) Tj ET Q q 0 0 0 rg BT 177.80 107.10 Td (DT) Tj ET Q q 0 0 0 rg BT 190.33 107.10 Td (A) Tj ET Q q 0 0 0 rg BT 197.00 107.10 Td ( ) Tj ET Q q 0 0 0 rg BT 199.57 107.10 Td (also ) Tj ET Q q 0 0 0 rg BT 218.24 107.10 Td (obliges ) Tj ET Q q 0 0 0 rg BT 249.70 107.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 290.03 107.10 Td (of ) Tj ET Q q 0 0 0 rg BT 300.93 107.10 Td (public ) Tj ET Q q 0 0 0 rg BT 328.49 107.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 370.47 107.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 439.14 107.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 478.36 107.10 Td (to ) Tj ET Q q 0 0 0 rg BT 488.71 107.10 Td (notify ) Tj ET Q q 0 0 0 rg BT 515.16 107.10 Td (the ) Tj ET Q q 0 0 0 rg BT 529.38 107.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 554.72 107.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (case ) Tj ET Q q 0 0 0 rg BT 69.68 95.10 Td (of ) Tj ET Q q 0 0 0 rg BT 80.99 95.10 Td (a ) Tj ET Q q 0 0 0 rg BT 88.40 95.10 Td (security ) Tj ET Q q 0 0 0 rg BT 123.04 95.10 Td (breach ) Tj ET Q q 0 0 0 rg BT 152.66 95.10 Td (which ) Tj ET Q q 0 0 0 rg BT 180.07 95.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 216.37 95.10 Td (the ) Tj ET Q q 0 0 0 rg BT 231.57 95.10 Td (leakage ) Tj ET Q q 0 0 0 rg BT 265.07 95.10 Td (of ) Tj ET Q q 0 0 0 rg BT 276.38 95.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 313.23 95.10 Td (data ) Tj ET Q q 0 0 0 rg BT 332.86 95.10 Td (processed ) Tj ET Q q 0 0 0 rg BT 375.27 95.10 Td (by ) Tj ET Q q 0 0 0 rg BT 388.25 95.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.44 95.10 Td (provider) Tj ET Q q 0 0 0 rg BT 436.76 95.10 Td (. ) Tj ET Q q 0 0 0 rg BT 442.24 95.10 Td (In ) Tj ET Q q 0 0 0 rg BT 453.55 95.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 483.72 95.10 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 545.84 95.10 Td (data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (subjects ) Tj ET Q q 0 0 0 rg BT 84.22 83.10 Td (involved ) Tj ET Q q 0 0 0 rg BT 121.71 83.10 Td (will ) Tj ET Q q 0 0 0 rg BT 139.77 83.10 Td (need ) Tj ET Q q 0 0 0 rg BT 161.15 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 171.42 83.10 Td (be ) Tj ET Q q 0 0 0 rg BT 183.36 83.10 Td (informed ) Tj ET Q q 0 0 0 rg BT 222.52 83.10 Td (as ) Tj ET Q q 0 0 0 rg BT 233.35 83.10 Td (well. ) Tj ET Q q 0 0 0 rg BT 255.56 83.10 Td (Non-compliance ) Tj ET Q q 0 0 0 rg BT 324.71 83.10 Td (with ) Tj ET Q q 0 0 0 rg BT 344.98 83.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.70 83.10 Td (DT) Tj ET Q q 0 0 0 rg BT 372.23 83.10 Td (A) Tj ET Q q 0 0 0 rg BT 378.90 83.10 Td ( ) Tj ET Q q 0 0 0 rg BT 381.40 83.10 Td (can ) Tj ET Q q 0 0 0 rg BT 397.78 83.10 Td (lead ) Tj ET Q q 0 0 0 rg BT 416.93 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 427.21 83.10 Td (a ) Tj ET Q q 0 0 0 rg BT 434.15 83.10 Td (fine. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 61.10 Td (On ) Tj ET Q q 0 0 0 rg BT 81.66 61.10 Td (May ) Tj ET Q q 0 0 0 rg BT 101.93 61.10 Td (25, ) Tj ET Q q 0 0 0 rg BT 116.37 61.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 140.81 61.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.96 61.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 170.23 61.10 Td (General ) Tj ET Q q 0 0 0 rg BT 203.81 61.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 224.63 61.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 267.67 61.10 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 313.49 61.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.82 61.10 Td (GDPR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.15 61.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 352.92 61.10 Td (that ) Tj ET Q q 0 0 0 rg BT 369.85 61.10 Td (replaces ) Tj ET Q q 0 0 0 rg BT 404.55 61.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.70 61.10 Td (European ) Tj ET Q q 0 0 0 rg BT 458.96 61.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 479.77 61.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 522.81 61.10 Td (Directive, ) Tj ET Q q 0 0 0 rg BT 565.01 61.10 Td ( ) Tj ET Q q 0 0 0 rg BT 567.51 61.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 49.10 Td (came ) Tj ET Q q 0 0 0 rg BT 72.17 49.10 Td (into ) Tj ET Q q 0 0 0 rg BT 89.29 49.10 Td (force. ) Tj ET Q q 0 0 0 rg BT 113.79 49.10 Td (The ) Tj ET Q q 0 0 0 rg BT 130.91 49.10 Td (GDPR ) Tj ET Q q 0 0 0 rg BT 159.15 49.10 Td (has ) Tj ET Q q 0 0 0 rg BT 174.05 49.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 198.39 49.10 Td (ef) Tj ET Q q 0 0 0 rg BT 205.98 49.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 222.53 49.10 Td (in ) Tj ET Q q 0 0 0 rg BT 231.88 49.10 Td (the ) Tj ET Q q 0 0 0 rg BT 245.67 49.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 295.56 49.10 Td (with ) Tj ET Q q 0 0 0 rg BT 314.91 49.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 356.47 49.10 Td (data ) Tj ET Q q 0 0 0 rg BT 374.69 49.10 Td (protection ) Tj ET Q q 0 0 0 rg BT 416.81 49.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 462.82 49.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 496.60 49.10 Td (to ) Tj ET Q q 0 0 0 rg BT 505.95 49.10 Td (our ) Tj ET Q q 0 0 0 rg BT 520.85 49.10 Td (operations ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (that ) Tj ET Q q 0 0 0 rg BT 66.32 713.10 Td (include: ) Tj ET Q q 0 0 0 rg BT 100.36 713.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 111.63 713.10 Td (clear ) Tj ET Q q 0 0 0 rg BT 132.88 713.10 Td (explanation ) Tj ET Q q 0 0 0 rg BT 181.36 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 197.63 713.10 Td (transparency ) Tj ET Q q 0 0 0 rg BT 250.54 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 260.70 713.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 296.41 713.10 Td (data ) Tj ET Q q 0 0 0 rg BT 314.89 713.10 Td (usage ) Tj ET Q q 0 0 0 rg BT 339.49 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 349.09 713.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 391.47 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.74 713.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 454.83 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 471.10 713.10 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 520.69 713.10 Td (an ) Tj ET Q q 0 0 0 rg BT 531.96 713.10 Td (internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (data ) Tj ET Q q 0 0 0 rg BT 67.94 701.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 112.50 701.10 Td (register) Tj ET Q q 0 0 0 rg BT 142.09 701.10 Td (, ) Tj ET Q q 0 0 0 rg BT 146.38 701.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 160.38 701.10 Td (af) Tj ET Q q 0 0 0 rg BT 167.97 701.10 Td (firmative ) Tj ET Q q 0 0 0 rg BT 206.41 701.10 Td (consent ) Tj ET Q q 0 0 0 rg BT 238.75 701.10 Td (from ) Tj ET Q q 0 0 0 rg BT 259.98 701.10 Td (users ) Tj ET Q q 0 0 0 rg BT 282.32 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 295.77 701.10 Td (profiling ) Tj ET Q q 0 0 0 rg BT 332.55 701.10 Td (by ) Tj ET Q q 0 0 0 rg BT 344.34 701.10 Td (automated ) Tj ET Q q 0 0 0 rg BT 387.78 701.10 Td (means, ) Tj ET Q q 0 0 0 rg BT 417.62 701.10 Td (\(iii\)stronger ) Tj ET Q q 0 0 0 rg BT 469.67 701.10 Td (privacy ) Tj ET Q q 0 0 0 rg BT 501.45 701.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 526.01 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 539.46 701.10 Td (users, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 689.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 83.38 689.10 Td (application ) Tj ET Q q 0 0 0 rg BT 130.31 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 141.14 689.10 Td (privacy ) Tj ET Q q 0 0 0 rg BT 173.62 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 186.12 689.10 Td (design/default ) Tj ET Q q 0 0 0 rg BT 245.27 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 255.55 689.10 Td (data ) Tj ET Q q 0 0 0 rg BT 274.71 689.10 Td (processes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 667.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.32 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 93.04 667.10 Td (course ) Tj ET Q q 0 0 0 rg BT 121.63 667.10 Td (of ) Tj ET Q q 0 0 0 rg BT 132.45 667.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 157.45 667.10 Td (it ) Tj ET Q q 0 0 0 rg BT 165.50 667.10 Td (is ) Tj ET Q q 0 0 0 rg BT 174.66 667.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 212.69 667.10 Td (that ) Tj ET Q q 0 0 0 rg BT 230.18 667.10 Td (a ) Tj ET Q q 0 0 0 rg BT 237.11 667.10 Td (new ) Tj ET Q q 0 0 0 rg BT 256.26 667.10 Td (ePrivacy ) Tj ET Q q 0 0 0 rg BT 293.74 667.10 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 340.12 667.10 Td (will ) Tj ET Q q 0 0 0 rg BT 358.17 667.10 Td (replace ) Tj ET Q q 0 0 0 rg BT 389.53 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 404.24 667.10 Td (ePrivacy ) Tj ET Q q 0 0 0 rg BT 441.72 667.10 Td (Directive ) Tj ET Q q 0 0 0 rg BT 481.41 667.10 Td (and ) Tj ET Q q 0 0 0 rg BT 498.35 667.10 Td (supervision ) Tj ET Q q 0 0 0 rg BT 546.95 667.10 Td (will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.10 Td (shift ) Tj ET Q q 0 0 0 rg BT 69.78 655.10 Td (from ) Tj ET Q q 0 0 0 rg BT 91.72 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 105.88 655.10 Td (ACM ) Tj ET Q q 0 0 0 rg BT 131.17 655.10 Td (to ) Tj ET Q q 0 0 0 rg BT 141.44 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 156.16 655.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 183.10 655.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 204.48 655.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 247.53 655.10 Td (Authority ) Tj ET Q q 0 0 0 rg BT 288.91 655.10 Td (\(Autoriteit ) Tj ET Q q 0 0 0 rg BT 336.96 655.10 Td (Persoonsgegevens\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 633.10 Td (Lawful ) Tj ET Q q 0 0 0 rg BT 90.45 633.10 Td (Interception ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 611.10 Td (Providers ) Tj ET Q q 0 0 0 rg BT 109.10 611.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.71 611.10 Td (public ) Tj ET Q q 0 0 0 rg BT 148.98 611.10 Td (telecommunication ) Tj ET Q q 0 0 0 rg BT 228.89 611.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 268.83 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 286.54 611.10 Td (services ) Tj ET Q q 0 0 0 rg BT 322.02 611.10 Td (can ) Tj ET Q q 0 0 0 rg BT 339.17 611.10 Td (only ) Tj ET Q q 0 0 0 rg BT 360.22 611.10 Td (make ) Tj ET Q q 0 0 0 rg BT 385.15 611.10 Td (their ) Tj ET Q q 0 0 0 rg BT 406.75 611.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 446.68 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 464.40 611.10 Td (services ) Tj ET Q q 0 0 0 rg BT 499.88 611.10 Td (available ) Tj ET Q q 0 0 0 rg BT 539.24 611.10 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 611.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (public ) Tj ET Q q 0 0 0 rg BT 76.42 599.10 Td (if ) Tj ET Q q 0 0 0 rg BT 84.46 599.10 Td (they ) Tj ET Q q 0 0 0 rg BT 103.60 599.10 Td (have ) Tj ET Q q 0 0 0 rg BT 124.41 599.10 Td (arranged ) Tj ET Q q 0 0 0 rg BT 161.31 599.10 Td (their ) Tj ET Q q 0 0 0 rg BT 181.56 599.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 220.15 599.10 Td (and ) Tj ET Q q 0 0 0 rg BT 236.52 599.10 Td (services ) Tj ET Q q 0 0 0 rg BT 270.65 599.10 Td (in ) Tj ET Q q 0 0 0 rg BT 280.36 599.10 Td (such ) Tj ET Q q 0 0 0 rg BT 300.62 599.10 Td (a ) Tj ET Q q 0 0 0 rg BT 306.98 599.10 Td (manner ) Tj ET Q q 0 0 0 rg BT 338.90 599.10 Td (that ) Tj ET Q q 0 0 0 rg BT 355.82 599.10 Td (they ) Tj ET Q q 0 0 0 rg BT 374.96 599.10 Td (can ) Tj ET Q q 0 0 0 rg BT 390.77 599.10 Td (be ) Tj ET Q q 0 0 0 rg BT 402.13 599.10 Td (lawfully ) Tj ET Q q 0 0 0 rg BT 437.39 599.10 Td (intercepted ) Tj ET Q q 0 0 0 rg BT 483.73 599.10 Td (promptly) Tj ET Q q 0 0 0 rg BT 519.75 599.10 Td (. ) Tj ET Q q 0 0 0 rg BT 524.18 599.10 Td (Providers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.60 587.10 Td (public ) Tj ET Q q 0 0 0 rg BT 88.37 587.10 Td (telecommunication ) Tj ET Q q 0 0 0 rg BT 167.78 587.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 207.21 587.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.41 587.10 Td (services ) Tj ET Q q 0 0 0 rg BT 259.39 587.10 Td (are ) Tj ET Q q 0 0 0 rg BT 274.37 587.10 Td (obligated ) Tj ET Q q 0 0 0 rg BT 314.35 587.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.90 587.10 Td (cooperate ) Tj ET Q q 0 0 0 rg BT 366.53 587.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 388.19 587.10 Td (in ) Tj ET Q q 0 0 0 rg BT 398.74 587.10 Td (the ) Tj ET Q q 0 0 0 rg BT 413.72 587.10 Td (execution ) Tj ET Q q 0 0 0 rg BT 455.37 587.10 Td (of ) Tj ET Q q 0 0 0 rg BT 466.47 587.10 Td (a ) Tj ET Q q 0 0 0 rg BT 473.67 587.10 Td (lawfully ) Tj ET Q q 0 0 0 rg BT 509.77 587.10 Td (given ) Tj ET Q q 0 0 0 rg BT 534.76 587.10 Td (special ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (tapping ) Tj ET Q q 0 0 0 rg BT 81.94 575.10 Td (order ) Tj ET Q q 0 0 0 rg BT 105.49 575.10 Td (or ) Tj ET Q q 0 0 0 rg BT 116.27 575.10 Td (permission, ) Tj ET Q q 0 0 0 rg BT 165.11 575.10 Td (in ) Tj ET Q q 0 0 0 rg BT 175.33 575.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 222.74 575.10 Td (with ) Tj ET Q q 0 0 0 rg BT 242.97 575.10 Td (the ) Tj ET Q q 0 0 0 rg BT 257.63 575.10 Td (technical ) Tj ET Q q 0 0 0 rg BT 296.17 575.10 Td (and ) Tj ET Q q 0 0 0 rg BT 313.06 575.10 Td (procedural ) Tj ET Q q 0 0 0 rg BT 358.26 575.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 412.91 575.10 Td (set ) Tj ET Q q 0 0 0 rg BT 426.47 575.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 448.36 575.10 Td (on ) Tj ET Q q 0 0 0 rg BT 460.81 575.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.47 575.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 497.92 575.10 Td (of ) Tj ET Q q 0 0 0 rg BT 508.70 575.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.36 575.10 Td (DT) Tj ET Q q 0 0 0 rg BT 535.89 575.10 Td (A, ) Tj ET Q q 0 0 0 rg BT 548.06 575.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 563.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 92.83 563.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 127.53 563.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 154.47 563.10 Td (law ) Tj ET Q q 0 0 0 rg BT 171.40 563.10 Td (enforcement ) Tj ET Q q 0 0 0 rg BT 223.88 563.10 Td (agencies ) Tj ET Q q 0 0 0 rg BT 260.80 563.10 Td (information ) Tj ET Q q 0 0 0 rg BT 310.51 563.10 Td (on ) Tj ET Q q 0 0 0 rg BT 323.01 563.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 370.50 563.10 Td (and ) Tj ET Q q 0 0 0 rg BT 387.44 563.10 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 470.47 563.10 Td (traf) Tj ET Q q 0 0 0 rg BT 484.17 563.10 Td (fic. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 541.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 75.44 541.10 Td (Neutrality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 519.10 Td (On ) Tj ET Q q 0 0 0 rg BT 82.02 519.10 Td (January ) Tj ET Q q 0 0 0 rg BT 115.41 519.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 125.21 519.10 Td (2013, ) Tj ET Q q 0 0 0 rg BT 150.00 519.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 179.50 519.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 223.46 519.10 Td (in ) Tj ET Q q 0 0 0 rg BT 233.54 519.10 Td (the ) Tj ET Q q 0 0 0 rg BT 248.05 519.10 Td (DT) Tj ET Q q 0 0 0 rg BT 260.58 519.10 Td (A) Tj ET Q q 0 0 0 rg BT 267.25 519.10 Td ( ) Tj ET Q q 0 0 0 rg BT 269.54 519.10 Td (with ) Tj ET Q q 0 0 0 rg BT 289.61 519.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 320.22 519.10 Td (to ) Tj ET Q q 0 0 0 rg BT 330.30 519.10 Td (net ) Tj ET Q q 0 0 0 rg BT 344.81 519.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 385.42 519.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 417.14 519.10 Td (into ) Tj ET Q q 0 0 0 rg BT 435.00 519.10 Td (force. ) Tj ET Q q 0 0 0 rg BT 460.16 519.10 Td (These ) Tj ET Q q 0 0 0 rg BT 486.33 519.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 530.30 519.10 Td (regulate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.10 Td (net ) Tj ET Q q 0 0 0 rg BT 64.12 507.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 104.84 507.10 Td (by) Tj ET Q q 0 0 0 rg BT 114.19 507.10 Td (, ) Tj ET Q q 0 0 0 rg BT 119.09 507.10 Td (among ) Tj ET Q q 0 0 0 rg BT 148.70 507.10 Td (other ) Tj ET Q q 0 0 0 rg BT 171.65 507.10 Td (things, ) Tj ET Q q 0 0 0 rg BT 201.00 507.10 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 247.84 507.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 287.45 507.10 Td (of ) Tj ET Q q 0 0 0 rg BT 298.18 507.10 Td (public ) Tj ET Q q 0 0 0 rg BT 325.57 507.10 Td (telecommunication ) Tj ET Q q 0 0 0 rg BT 404.61 507.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 443.67 507.10 Td (through ) Tj ET Q q 0 0 0 rg BT 477.18 507.10 Td (which ) Tj ET Q q 0 0 0 rg BT 504.02 507.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 536.96 507.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (is ) Tj ET Q q 0 0 0 rg BT 58.91 495.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 97.20 495.10 Td (as ) Tj ET Q q 0 0 0 rg BT 108.27 495.10 Td (well ) Tj ET Q q 0 0 0 rg BT 128.23 495.10 Td (as ) Tj ET Q q 0 0 0 rg BT 139.30 495.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 172.58 495.10 Td (service ) Tj ET Q q 0 0 0 rg BT 203.64 495.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 244.15 495.10 Td (from ) Tj ET Q q 0 0 0 rg BT 266.32 495.10 Td (blocking ) Tj ET Q q 0 0 0 rg BT 304.06 495.10 Td (or ) Tj ET Q q 0 0 0 rg BT 315.13 495.10 Td (restricting ) Tj ET Q q 0 0 0 rg BT 358.41 495.10 Td (services ) Tj ET Q q 0 0 0 rg BT 393.36 495.10 Td (or ) Tj ET Q q 0 0 0 rg BT 404.43 495.10 Td (applications ) Tj ET Q q 0 0 0 rg BT 455.49 495.10 Td (which ) Tj ET Q q 0 0 0 rg BT 482.67 495.10 Td (are ) Tj ET Q q 0 0 0 rg BT 497.62 495.10 Td (accessed ) Tj ET Q q 0 0 0 rg BT 535.34 495.10 Td (via ) Tj ET Q q 0 0 0 rg BT 550.29 495.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 82.88 483.10 Td (other ) Tj ET Q q 0 0 0 rg BT 106.27 483.10 Td (than ) Tj ET Q q 0 0 0 rg BT 126.33 483.10 Td (in ) Tj ET Q q 0 0 0 rg BT 136.95 483.10 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 196.43 483.10 Td (set ) Tj ET Q q 0 0 0 rg BT 210.38 483.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 232.66 483.10 Td (in ) Tj ET Q q 0 0 0 rg BT 243.28 483.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.33 483.10 Td (DT) Tj ET Q q 0 0 0 rg BT 270.86 483.10 Td (A. ) Tj ET Q q 0 0 0 rg BT 283.43 483.10 Td (In ) Tj ET Q q 0 0 0 rg BT 294.60 483.10 Td (October ) Tj ET Q q 0 0 0 rg BT 329.64 483.10 Td (2015, ) Tj ET Q q 0 0 0 rg BT 354.99 483.10 Td (the ) Tj ET Q q 0 0 0 rg BT 370.04 483.10 Td (European ) Tj ET Q q 0 0 0 rg BT 411.20 483.10 Td (Parliament ) Tj ET Q q 0 0 0 rg BT 457.36 483.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 491.86 483.10 Td (a ) Tj ET Q q 0 0 0 rg BT 499.14 483.10 Td (new ) Tj ET Q q 0 0 0 rg BT 518.64 483.10 Td (Regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (including ) Tj ET Q q 0 0 0 rg BT 89.49 471.10 Td (the ) Tj ET Q q 0 0 0 rg BT 103.91 471.10 Td (first ) Tj ET Q q 0 0 0 rg BT 122.23 471.10 Td (EU-wide ) Tj ET Q q 0 0 0 rg BT 160.54 471.10 Td (net ) Tj ET Q q 0 0 0 rg BT 174.97 471.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 215.51 471.10 Td (regime. ) Tj ET Q q 0 0 0 rg BT 247.98 471.10 Td (Following ) Tj ET Q q 0 0 0 rg BT 291.31 471.10 Td (a ) Tj ET Q q 0 0 0 rg BT 297.96 471.10 Td (lengthy ) Tj ET Q q 0 0 0 rg BT 330.17 471.10 Td (legislative ) Tj ET Q q 0 0 0 rg BT 373.48 471.10 Td (procedure, ) Tj ET Q q 0 0 0 rg BT 418.17 471.10 Td (the ) Tj ET Q q 0 0 0 rg BT 432.60 471.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 475.35 471.10 Td (\(directly ) Tj ET Q q 0 0 0 rg BT 511.43 471.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 554.73 471.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (all ) Tj ET Q q 0 0 0 rg BT 62.03 459.10 Td (Member ) Tj ET Q q 0 0 0 rg BT 98.45 459.10 Td (States ) Tj ET Q q 0 0 0 rg BT 124.87 459.10 Td (from ) Tj ET Q q 0 0 0 rg BT 146.28 459.10 Td (April ) Tj ET Q q 0 0 0 rg BT 169.93 459.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 184.97 459.10 Td (2016\) ) Tj ET Q q 0 0 0 rg BT 210.83 459.10 Td (reflects ) Tj ET Q q 0 0 0 rg BT 242.79 459.10 Td (a ) Tj ET Q q 0 0 0 rg BT 249.77 459.10 Td (light-handed ) Tj ET Q q 0 0 0 rg BT 302.85 459.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 342.03 459.10 Td (to ) Tj ET Q q 0 0 0 rg BT 352.34 459.10 Td (net ) Tj ET Q q 0 0 0 rg BT 367.10 459.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 407.95 459.10 Td (permitting ) Tj ET Q q 0 0 0 rg BT 452.15 459.10 Td (the ) Tj ET Q q 0 0 0 rg BT 466.90 459.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 507.22 459.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.09 459.10 Td (specialized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.10 Td (services ) Tj ET Q q 0 0 0 rg BT 84.19 447.10 Td (optimized ) Tj ET Q q 0 0 0 rg BT 126.67 447.10 Td (for ) Tj ET Q q 0 0 0 rg BT 140.81 447.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 174.39 447.10 Td (content ) Tj ET Q q 0 0 0 rg BT 206.31 447.10 Td (and ) Tj ET Q q 0 0 0 rg BT 223.24 447.10 Td (approving ) Tj ET Q q 0 0 0 rg BT 266.27 447.10 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 311.51 447.10 Td (traf) Tj ET Q q 0 0 0 rg BT 325.20 447.10 Td (fic ) Tj ET Q q 0 0 0 rg BT 338.24 447.10 Td (management. ) Tj ET Q q 0 0 0 rg BT 394.31 447.10 Td (In ) Tj ET Q q 0 0 0 rg BT 405.13 447.10 Td (October ) Tj ET Q q 0 0 0 rg BT 439.82 447.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 464.80 447.10 Td (a ) Tj ET Q q 0 0 0 rg BT 471.73 447.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 487.55 447.10 Td (to ) Tj ET Q q 0 0 0 rg BT 497.81 447.10 Td (change ) Tj ET Q q 0 0 0 rg BT 528.61 447.10 Td (the ) Tj ET Q q 0 0 0 rg BT 543.31 447.10 Td (DT) Tj ET Q q 0 0 0 rg BT 555.84 447.10 Td (A) Tj ET Q q 0 0 0 rg BT 562.51 447.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 86.47 435.10 Td (to ) Tj ET Q q 0 0 0 rg BT 96.78 435.10 Td (the ) Tj ET Q q 0 0 0 rg BT 111.53 435.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 127.39 435.10 Td (net ) Tj ET Q q 0 0 0 rg BT 142.14 435.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 182.99 435.10 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 229.40 435.10 Td (was ) Tj ET Q q 0 0 0 rg BT 247.49 435.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 281.68 435.10 Td (by ) Tj ET Q q 0 0 0 rg BT 294.21 435.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.96 435.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 335.93 435.10 Td (Senate. ) Tj ET Q q 0 0 0 rg BT 367.61 435.10 Td (In ) Tj ET Q q 0 0 0 rg BT 378.47 435.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.22 435.10 Td (law) Tj ET Q q 0 0 0 rg BT 407.01 435.10 Td (, ) Tj ET Q q 0 0 0 rg BT 412.04 435.10 Td (a ) Tj ET Q q 0 0 0 rg BT 419.01 435.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 452.64 435.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 495.72 435.10 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 542.70 435.10 Td (tarif) Tj ET Q q 0 0 0 rg BT 559.17 435.10 Td (f ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 423.10 Td (ferentiation ) Tj ET Q q 0 0 0 rg BT 108.48 423.10 Td (for ) Tj ET Q q 0 0 0 rg BT 122.10 423.10 Td (data ) Tj ET Q q 0 0 0 rg BT 140.71 423.10 Td (was ) Tj ET Q q 0 0 0 rg BT 158.22 423.10 Td (maintained, ) Tj ET Q q 0 0 0 rg BT 207.11 423.10 Td (which ) Tj ET Q q 0 0 0 rg BT 233.51 423.10 Td (however ) Tj ET Q q 0 0 0 rg BT 269.90 423.10 Td (did ) Tj ET Q q 0 0 0 rg BT 284.63 423.10 Td (not ) Tj ET Q q 0 0 0 rg BT 299.37 423.10 Td (follow ) Tj ET Q q 0 0 0 rg BT 327.44 423.10 Td (from ) Tj ET Q q 0 0 0 rg BT 348.84 423.10 Td (the ) Tj ET Q q 0 0 0 rg BT 363.01 423.10 Td (Regulation. ) Tj ET Q q 0 0 0 rg BT 411.21 423.10 Td (The ) Tj ET Q q 0 0 0 rg BT 428.72 423.10 Td (Court ) Tj ET Q q 0 0 0 rg BT 453.46 423.10 Td (in ) Tj ET Q q 0 0 0 rg BT 463.20 423.10 Td (Rotterdam ) Tj ET Q q 0 0 0 rg BT 507.37 423.10 Td (ruled ) Tj ET Q q 0 0 0 rg BT 529.87 423.10 Td (on ) Tj ET Q q 0 0 0 rg BT 541.40 423.10 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (20, ) Tj ET Q q 0 0 0 rg BT 64.22 411.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 88.94 411.10 Td (that ) Tj ET Q q 0 0 0 rg BT 106.16 411.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.60 411.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 147.26 411.10 Td (ban ) Tj ET Q q 0 0 0 rg BT 163.92 411.10 Td (on ) Tj ET Q q 0 0 0 rg BT 176.14 411.10 Td (dif) Tj ET Q q 0 0 0 rg BT 187.07 411.10 Td (ferential ) Tj ET Q q 0 0 0 rg BT 222.60 411.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 253.15 411.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.03 411.10 Td (data ) Tj ET Q q 0 0 0 rg BT 285.91 411.10 Td (is ) Tj ET Q q 0 0 0 rg BT 294.80 411.10 Td (not ) Tj ET Q q 0 0 0 rg BT 309.80 411.10 Td (valid ) Tj ET Q q 0 0 0 rg BT 332.01 411.10 Td (as ) Tj ET Q q 0 0 0 rg BT 342.57 411.10 Td (the ) Tj ET Q q 0 0 0 rg BT 357.00 411.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 372.56 411.10 Td (net ) Tj ET Q q 0 0 0 rg BT 387.00 411.10 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 427.54 411.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 470.30 411.10 Td (does ) Tj ET Q q 0 0 0 rg BT 490.85 411.10 Td (not ) Tj ET Q q 0 0 0 rg BT 505.85 411.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 530.29 411.10 Td (national ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 91.99 399.10 Td (on ) Tj ET Q q 0 0 0 rg BT 103.94 399.10 Td (this ) Tj ET Q q 0 0 0 rg BT 120.33 399.10 Td (issue. ) Tj ET Q q 0 0 0 rg BT 144.35 399.10 Td (As ) Tj ET Q q 0 0 0 rg BT 157.41 399.10 Td (a ) Tj ET Q q 0 0 0 rg BT 163.80 399.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 190.46 399.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.62 399.10 Td (DT) Tj ET Q q 0 0 0 rg BT 217.15 399.10 Td (A) Tj ET Q q 0 0 0 rg BT 223.82 399.10 Td ( ) Tj ET Q q 0 0 0 rg BT 225.77 399.10 Td ( ) Tj ET Q q 0 0 0 rg BT 227.72 399.10 Td (was ) Tj ET Q q 0 0 0 rg BT 245.22 399.10 Td (amended ) Tj ET Q q 0 0 0 rg BT 283.26 399.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.98 399.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 320.46 399.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.63 399.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 349.90 399.10 Td (regulation. ) Tj ET Q q 0 0 0 rg BT 394.75 399.10 Td (The ) Tj ET Q q 0 0 0 rg BT 412.25 399.10 Td (special ) Tj ET Q q 0 0 0 rg BT 441.96 399.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 473.34 399.10 Td (group ) Tj ET Q q 0 0 0 rg BT 498.62 399.10 Td (Bits ) Tj ET Q q 0 0 0 rg BT 516.68 399.10 Td (of ) Tj ET Q q 0 0 0 rg BT 526.96 399.10 Td (Freedom ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.10 Td (has ) Tj ET Q q 0 0 0 rg BT 65.87 387.10 Td (brought ) Tj ET Q q 0 0 0 rg BT 100.03 387.10 Td (a ) Tj ET Q q 0 0 0 rg BT 107.51 387.10 Td (series ) Tj ET Q q 0 0 0 rg BT 133.32 387.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.70 387.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 167.18 387.10 Td (challenges ) Tj ET Q q 0 0 0 rg BT 212.42 387.10 Td (aimed ) Tj ET Q q 0 0 0 rg BT 239.90 387.10 Td (at ) Tj ET Q q 0 0 0 rg BT 250.16 387.10 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 297.65 387.10 Td (zero ) Tj ET Q q 0 0 0 rg BT 317.90 387.10 Td (rating. ) Tj ET Q q 0 0 0 rg BT 346.55 387.10 Td (The ) Tj ET Q q 0 0 0 rg BT 365.14 387.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 425.39 387.10 Td (court ) Tj ET Q q 0 0 0 rg BT 448.98 387.10 Td (is ) Tj ET Q q 0 0 0 rg BT 458.70 387.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 497.28 387.10 Td (to ) Tj ET Q q 0 0 0 rg BT 508.10 387.10 Td (issue ) Tj ET Q q 0 0 0 rg BT 531.14 387.10 Td (a ) Tj ET Q q 0 0 0 rg BT 538.63 387.10 Td (ruling ) Tj ET Q q 0 0 0 rg BT 565.01 387.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td (during ) Tj ET Q q 0 0 0 rg BT 78.11 375.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 103.11 375.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.61 375.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 353.10 Td (Radio ) Tj ET Q q 0 0 0 rg BT 85.45 353.10 Td (and ) Tj ET Q q 0 0 0 rg BT 103.51 353.10 Td (T) Tj ET Q q 0 0 0 rg BT 108.70 353.10 Td (elevision ) Tj ET Q q 0 0 0 rg BT 147.30 353.10 Td (T) Tj ET Q q 0 0 0 rg BT 153.04 353.10 Td (ransmission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 331.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.62 331.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 134.30 331.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.21 331.10 Td (must-carry ) Tj ET Q q 0 0 0 rg BT 191.09 331.10 Td (television ) Tj ET Q q 0 0 0 rg BT 232.55 331.10 Td (services ) Tj ET Q q 0 0 0 rg BT 267.33 331.10 Td (to ) Tj ET Q q 0 0 0 rg BT 277.68 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 292.47 331.10 Td (public ) Tj ET Q q 0 0 0 rg BT 320.04 331.10 Td (is ) Tj ET Q q 0 0 0 rg BT 329.28 331.10 Td (regulated ) Tj ET Q q 0 0 0 rg BT 369.05 331.10 Td (by ) Tj ET Q q 0 0 0 rg BT 381.62 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 396.41 331.10 Td (DMA, ) Tj ET Q q 0 0 0 rg BT 424.82 331.10 Td (entailing ) Tj ET Q q 0 0 0 rg BT 462.38 331.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 509.40 331.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 550.29 331.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 103.26 319.10 Td (of ) Tj ET Q q 0 0 0 rg BT 114.79 319.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 154.08 319.10 Td (radio ) Tj ET Q q 0 0 0 rg BT 177.83 319.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.46 319.10 Td (television ) Tj ET Q q 0 0 0 rg BT 237.55 319.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 279.06 319.10 Td (channels. ) Tj ET Q q 0 0 0 rg BT 319.75 319.10 Td (On ) Tj ET Q q 0 0 0 rg BT 335.17 319.10 Td (January ) Tj ET Q q 0 0 0 rg BT 369.47 319.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 380.17 319.10 Td (2014, ) Tj ET Q q 0 0 0 rg BT 405.87 319.10 Td (revised ) Tj ET Q q 0 0 0 rg BT 437.94 319.10 Td (must ) Tj ET Q q 0 0 0 rg BT 460.59 319.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 484.33 319.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 531.97 319.10 Td (became ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 307.10 Td (fective. ) Tj ET Q q 0 0 0 rg BT 88.85 307.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.61 307.10 Td (revised ) Tj ET Q q 0 0 0 rg BT 137.70 307.10 Td (must ) Tj ET Q q 0 0 0 rg BT 159.37 307.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 182.12 307.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 228.78 307.10 Td (do ) Tj ET Q q 0 0 0 rg BT 241.00 307.10 Td (not ) Tj ET Q q 0 0 0 rg BT 256.00 307.10 Td (only ) Tj ET Q q 0 0 0 rg BT 275.99 307.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 300.42 307.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.42 307.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 333.73 307.10 Td (operators, ) Tj ET Q q 0 0 0 rg BT 375.65 307.10 Td (as ) Tj ET Q q 0 0 0 rg BT 386.20 307.10 Td (was ) Tj ET Q q 0 0 0 rg BT 403.97 307.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 448.40 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 462.84 307.10 Td (case, ) Tj ET Q q 0 0 0 rg BT 484.76 307.10 Td (but ) Tj ET Q q 0 0 0 rg BT 499.75 307.10 Td (also ) Tj ET Q q 0 0 0 rg BT 518.08 307.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 542.51 307.10 Td (to ) Tj ET Q q 0 0 0 rg BT 552.51 307.10 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 90.22 295.10 Td (of ) Tj ET Q q 0 0 0 rg BT 101.50 295.10 Td (analog ) Tj ET Q q 0 0 0 rg BT 131.11 295.10 Td (and ) Tj ET Q q 0 0 0 rg BT 148.50 295.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 177.00 295.10 Td (program ) Tj ET Q q 0 0 0 rg BT 213.83 295.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 253.43 295.10 Td (based ) Tj ET Q q 0 0 0 rg BT 279.15 295.10 Td (on ) Tj ET Q q 0 0 0 rg BT 292.10 295.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.27 295.10 Td (principle ) Tj ET Q q 0 0 0 rg BT 345.76 295.10 Td (of ) Tj ET Q q 0 0 0 rg BT 357.04 295.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 404.43 295.10 Td (neutrality) Tj ET Q q 0 0 0 rg BT 442.10 295.10 Td (. ) Tj ET Q q 0 0 0 rg BT 447.55 295.10 Td (Providers ) Tj ET Q q 0 0 0 rg BT 488.83 295.10 Td (of ) Tj ET Q q 0 0 0 rg BT 500.12 295.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 528.62 295.10 Td (program ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 88.85 283.10 Td (with ) Tj ET Q q 0 0 0 rg BT 109.34 283.10 Td (100,000 ) Tj ET Q q 0 0 0 rg BT 144.55 283.10 Td (or ) Tj ET Q q 0 0 0 rg BT 155.59 283.10 Td (more ) Tj ET Q q 0 0 0 rg BT 178.85 283.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 226.54 283.10 Td (are ) Tj ET Q q 0 0 0 rg BT 241.46 283.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 272.50 283.10 Td (to ) Tj ET Q q 0 0 0 rg BT 282.98 283.10 Td (the ) Tj ET Q q 0 0 0 rg BT 297.91 283.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 341.17 283.10 Td (to ) Tj ET Q q 0 0 0 rg BT 351.66 283.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 384.91 283.10 Td (at ) Tj ET Q q 0 0 0 rg BT 394.84 283.10 Td (least ) Tj ET Q q 0 0 0 rg BT 415.87 283.10 Td (30 ) Tj ET Q q 0 0 0 rg BT 428.58 283.10 Td (television ) Tj ET Q q 0 0 0 rg BT 470.17 283.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 510.37 283.10 Td (including ) Tj ET Q q 0 0 0 rg BT 550.85 283.10 Td (six ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (public ) Tj ET Q q 0 0 0 rg BT 76.82 271.10 Td (television ) Tj ET Q q 0 0 0 rg BT 118.03 271.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 171.45 271.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 208.76 271.10 Td (as ) Tj ET Q q 0 0 0 rg BT 219.41 271.10 Td (a ) Tj ET Q q 0 0 0 rg BT 226.18 271.10 Td (must ) Tj ET Q q 0 0 0 rg BT 247.95 271.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 270.82 271.10 Td (obligation, ) Tj ET Q q 0 0 0 rg BT 316.19 271.10 Td (a ) Tj ET Q q 0 0 0 rg BT 322.96 271.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 353.61 271.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 385.93 271.10 Td (of ) Tj ET Q q 0 0 0 rg BT 396.59 271.10 Td (regional ) Tj ET Q q 0 0 0 rg BT 431.68 271.10 Td (and ) Tj ET Q q 0 0 0 rg BT 448.44 271.10 Td (local ) Tj ET Q q 0 0 0 rg BT 470.20 271.10 Td (television ) Tj ET Q q 0 0 0 rg BT 511.41 271.10 Td (broadcasting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 86.62 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 103.19 259.10 Td (a ) Tj ET Q q 0 0 0 rg BT 109.77 259.10 Td (number ) Tj ET Q q 0 0 0 rg BT 142.45 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 152.92 259.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 180.60 259.10 Td (radio ) Tj ET Q q 0 0 0 rg BT 203.28 259.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 256.51 259.10 Td (channels. ) Tj ET Q q 0 0 0 rg BT 296.13 259.10 Td (In ) Tj ET Q q 0 0 0 rg BT 306.60 259.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 344.01 259.10 Td (all ) Tj ET Q q 0 0 0 rg BT 356.14 259.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 396.04 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.51 259.10 Td (analog ) Tj ET Q q 0 0 0 rg BT 435.30 259.10 Td (program ) Tj ET Q q 0 0 0 rg BT 471.31 259.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 510.09 259.10 Td (with ) Tj ET Q q 0 0 0 rg BT 530.00 259.10 Td (100,000 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (or ) Tj ET Q q 0 0 0 rg BT 61.23 247.10 Td (more ) Tj ET Q q 0 0 0 rg BT 85.18 247.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 133.57 247.10 Td (must ) Tj ET Q q 0 0 0 rg BT 156.42 247.10 Td (include ) Tj ET Q q 0 0 0 rg BT 189.25 247.10 Td (at ) Tj ET Q q 0 0 0 rg BT 199.87 247.10 Td (least ) Tj ET Q q 0 0 0 rg BT 221.59 247.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 234.99 247.10 Td (television ) Tj ET Q q 0 0 0 rg BT 277.27 247.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 318.16 247.10 Td (including ) Tj ET Q q 0 0 0 rg BT 359.33 247.10 Td (five ) Tj ET Q q 0 0 0 rg BT 378.28 247.10 Td (public ) Tj ET Q q 0 0 0 rg BT 406.67 247.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 461.17 247.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 499.55 247.10 Td (as ) Tj ET Q q 0 0 0 rg BT 511.28 247.10 Td (a ) Tj ET Q q 0 0 0 rg BT 519.12 247.10 Td (must ) Tj ET Q q 0 0 0 rg BT 541.97 247.10 Td (carry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (obligation, ) Tj ET Q q 0 0 0 rg BT 94.80 235.10 Td (a ) Tj ET Q q 0 0 0 rg BT 101.48 235.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 132.06 235.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 164.30 235.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.88 235.10 Td (regional ) Tj ET Q q 0 0 0 rg BT 209.89 235.10 Td (and ) Tj ET Q q 0 0 0 rg BT 226.57 235.10 Td (local ) Tj ET Q q 0 0 0 rg BT 248.25 235.10 Td (television ) Tj ET Q q 0 0 0 rg BT 289.38 235.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 342.72 235.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 379.95 235.10 Td (and ) Tj ET Q q 0 0 0 rg BT 396.63 235.10 Td (some ) Tj ET Q q 0 0 0 rg BT 419.99 235.10 Td (analog ) Tj ET Q q 0 0 0 rg BT 448.89 235.10 Td (radio ) Tj ET Q q 0 0 0 rg BT 471.68 235.10 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 525.02 235.10 Td (channels. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (The ) Tj ET Q q 0 0 0 rg BT 69.36 223.10 Td (DMA) Tj ET Q q 0 0 0 rg BT 92.15 223.10 Td ( ) Tj ET Q q 0 0 0 rg BT 96.46 223.10 Td (can ) Tj ET Q q 0 0 0 rg BT 114.66 223.10 Td (grant ) Tj ET Q q 0 0 0 rg BT 139.52 223.10 Td (a ) Tj ET Q q 0 0 0 rg BT 148.27 223.10 Td (\(conditional\) ) Tj ET Q q 0 0 0 rg BT 204.24 223.10 Td (exemption ) Tj ET Q q 0 0 0 rg BT 250.77 223.10 Td (from ) Tj ET Q q 0 0 0 rg BT 274.52 223.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.06 223.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 335.93 223.10 Td (if ) Tj ET Q q 0 0 0 rg BT 346.35 223.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.88 223.10 Td (must ) Tj ET Q q 0 0 0 rg BT 386.65 223.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 411.50 223.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 460.26 223.10 Td (listed ) Tj ET Q q 0 0 0 rg BT 486.24 223.10 Td (above ) Tj ET Q q 0 0 0 rg BT 514.44 223.10 Td (give ) Tj ET Q q 0 0 0 rg BT 535.97 223.10 Td (rise ) Tj ET Q q 0 0 0 rg BT 554.72 223.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (disproportionate ) Tj ET Q q 0 0 0 rg BT 117.54 211.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 140.04 211.10 Td (for ) Tj ET Q q 0 0 0 rg BT 154.20 211.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.92 211.10 Td (network ) Tj ET Q q 0 0 0 rg BT 204.19 211.10 Td (operator) Tj ET Q q 0 0 0 rg BT 237.10 211.10 Td (, ) Tj ET Q q 0 0 0 rg BT 242.10 211.10 Td (an ) Tj ET Q q 0 0 0 rg BT 254.04 211.10 Td (impediment ) Tj ET Q q 0 0 0 rg BT 304.31 211.10 Td (to ) Tj ET Q q 0 0 0 rg BT 314.59 211.10 Td (innovation ) Tj ET Q q 0 0 0 rg BT 359.86 211.10 Td (or ) Tj ET Q q 0 0 0 rg BT 370.69 211.10 Td (other ) Tj ET Q q 0 0 0 rg BT 393.74 211.10 Td (unreasonable ) Tj ET Q q 0 0 0 rg BT 448.99 211.10 Td (outcomes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 189.10 Td (There ) Tj ET Q q 0 0 0 rg BT 93.92 189.10 Td (is ) Tj ET Q q 0 0 0 rg BT 103.69 189.10 Td (no ) Tj ET Q q 0 0 0 rg BT 116.80 189.10 Td (regulated ) Tj ET Q q 0 0 0 rg BT 157.11 189.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 197.97 189.10 Td (mechanism ) Tj ET Q q 0 0 0 rg BT 246.62 189.10 Td (in ) Tj ET Q q 0 0 0 rg BT 257.50 189.10 Td (place ) Tj ET Q q 0 0 0 rg BT 281.70 189.10 Td (between ) Tj ET Q q 0 0 0 rg BT 318.12 189.10 Td (network ) Tj ET Q q 0 0 0 rg BT 353.99 189.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 394.31 189.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.85 189.10 Td (broadcasters. ) Tj ET Q q 0 0 0 rg BT 467.43 189.10 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 519.96 189.10 Td (and ) Tj ET Q q 0 0 0 rg BT 537.50 189.10 Td (public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.10 Td (program ) Tj ET Q q 0 0 0 rg BT 85.88 177.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 126.15 177.10 Td (must ) Tj ET Q q 0 0 0 rg BT 148.09 177.10 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 187.24 177.10 Td (with ) Tj ET Q q 0 0 0 rg BT 207.52 177.10 Td (network ) Tj ET Q q 0 0 0 rg BT 242.79 177.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 282.50 177.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 323.31 177.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 376.37 177.10 Td (fees. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 155.10 Td (Property ) Tj ET Q q 0 0 0 rg BT 96.55 155.10 Td (Rules ) Tj ET Q q 0 0 0 rg BT 122.39 155.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 165.45 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.73 155.10 Td (Network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 133.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.50 133.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 126.14 133.10 Td (with ) Tj ET Q q 0 0 0 rg BT 146.59 133.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.48 133.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 188.59 133.10 Td (Civil ) Tj ET Q q 0 0 0 rg BT 211.27 133.10 Td (Code, ) Tj ET Q q 0 0 0 rg BT 237.55 133.10 Td (all ) Tj ET Q q 0 0 0 rg BT 250.22 133.10 Td (public ) Tj ET Q q 0 0 0 rg BT 277.89 133.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 319.43 133.10 Td (electronic ) Tj ET Q q 0 0 0 rg BT 361.53 133.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 426.41 133.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 465.74 133.10 Td (are ) Tj ET Q q 0 0 0 rg BT 480.62 133.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.51 133.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 517.62 133.10 Td (property ) Tj ET Q q 0 0 0 rg BT 554.17 133.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.53 121.10 Td (rightful ) Tj ET Q q 0 0 0 rg BT 95.33 121.10 Td (constructer ) Tj ET Q q 0 0 0 rg BT 141.56 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.70 121.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.73 121.10 Td (network ) Tj ET Q q 0 0 0 rg BT 200.31 121.10 Td (or ) Tj ET Q q 0 0 0 rg BT 210.44 121.10 Td (its ) Tj ET Q q 0 0 0 rg BT 221.70 121.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 242.94 121.10 Td (successor) Tj ET Q q 0 0 0 rg BT 280.86 121.10 Td (, ) Tj ET Q q 0 0 0 rg BT 285.17 121.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.42 121.10 Td (not ) Tj ET Q q 0 0 0 rg BT 316.01 121.10 Td (\(by ) Tj ET Q q 0 0 0 rg BT 331.15 121.10 Td (accession\) ) Tj ET Q q 0 0 0 rg BT 374.60 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 384.74 121.10 Td (the ) Tj ET Q q 0 0 0 rg BT 398.77 121.10 Td (owner ) Tj ET Q q 0 0 0 rg BT 425.57 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 435.71 121.10 Td (the ) Tj ET Q q 0 0 0 rg BT 449.73 121.10 Td (ground ) Tj ET Q q 0 0 0 rg BT 479.87 121.10 Td (in ) Tj ET Q q 0 0 0 rg BT 489.46 121.10 Td (which ) Tj ET Q q 0 0 0 rg BT 515.71 121.10 Td (the ) Tj ET Q q 0 0 0 rg BT 529.73 121.10 Td (network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.10 Td (resides. ) Tj ET Q q 0 0 0 rg BT 82.03 109.10 Td (Registration ) Tj ET Q q 0 0 0 rg BT 133.17 109.10 Td (at ) Tj ET Q q 0 0 0 rg BT 142.64 109.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.11 109.10 Td (Land ) Tj ET Q q 0 0 0 rg BT 179.92 109.10 Td (Registry ) Tj ET Q q 0 0 0 rg BT 216.06 109.10 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 219.39 109.10 Td (het ) Tj ET Q q 0 0 0 rg BT 233.87 109.10 Td (Kadaster) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.54 109.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 276.12 109.10 Td (is ) Tj ET Q q 0 0 0 rg BT 285.05 109.10 Td (required ) Tj ET Q q 0 0 0 rg BT 320.62 109.10 Td (for ) Tj ET Q q 0 0 0 rg BT 334.54 109.10 Td (the ) Tj ET Q q 0 0 0 rg BT 349.01 109.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 381.81 109.10 Td (of ) Tj ET Q q 0 0 0 rg BT 392.40 109.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 414.09 109.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 458.00 109.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 485.81 109.10 Td (to ) Tj ET Q q 0 0 0 rg BT 495.84 109.10 Td (encumber ) Tj ET Q q 0 0 0 rg BT 537.53 109.10 Td (public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.10 Td (networks, ) Tj ET Q q 0 0 0 rg BT 91.69 97.10 Td (for ) Tj ET Q q 0 0 0 rg BT 106.38 97.10 Td (example ) Tj ET Q q 0 0 0 rg BT 143.28 97.10 Td (by ) Tj ET Q q 0 0 0 rg BT 156.31 97.10 Td (a ) Tj ET Q q 0 0 0 rg BT 163.78 97.10 Td (right ) Tj ET Q q 0 0 0 rg BT 185.70 97.10 Td (of ) Tj ET Q q 0 0 0 rg BT 197.06 97.10 Td (mortgage. ) Tj ET Q q 0 0 0 rg BT 240.35 97.10 Td (Registration ) Tj ET Q q 0 0 0 rg BT 292.26 97.10 Td (is ) Tj ET Q q 0 0 0 rg BT 301.96 97.10 Td (also ) Tj ET Q q 0 0 0 rg BT 321.10 97.10 Td (required ) Tj ET Q q 0 0 0 rg BT 357.44 97.10 Td (to ) Tj ET Q q 0 0 0 rg BT 368.25 97.10 Td (enjoy ) Tj ET Q q 0 0 0 rg BT 393.50 97.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 431.52 97.10 Td (protection ) Tj ET Q q 0 0 0 rg BT 475.10 97.10 Td (against ) Tj ET Q q 0 0 0 rg BT 506.45 97.10 Td (title ) Tj ET Q q 0 0 0 rg BT 525.03 97.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 554.17 97.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.10 Td (third ) Tj ET Q q 0 0 0 rg BT 70.89 85.10 Td (parties. ) Tj ET Q q 0 0 0 rg BT 102.36 85.10 Td (W) Tj ET Q q 0 0 0 rg BT 111.00 85.10 Td (e ) Tj ET Q q 0 0 0 rg BT 117.94 85.10 Td (have ) Tj ET Q q 0 0 0 rg BT 139.31 85.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 177.91 85.10 Td (registered ) Tj ET Q q 0 0 0 rg BT 219.83 85.10 Td (a ) Tj ET Q q 0 0 0 rg BT 226.77 85.10 Td (substantial ) Tj ET Q q 0 0 0 rg BT 272.04 85.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 308.43 85.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.26 85.10 Td (our ) Tj ET Q q 0 0 0 rg BT 335.09 85.10 Td (HCF ) Tj ET Q q 0 0 0 rg BT 357.04 85.10 Td (network ) Tj ET Q q 0 0 0 rg BT 392.31 85.10 Td (at ) Tj ET Q q 0 0 0 rg BT 402.02 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.74 85.10 Td (Land ) Tj ET Q q 0 0 0 rg BT 439.79 85.10 Td (Registry) Tj ET Q q 0 0 0 rg BT 473.03 85.10 Td (. ) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 713.25 Td (Roaming ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 691.25 Td (As ) Tj ET Q q 0 0 0 rg BT 81.52 691.25 Td (a ) Tj ET Q q 0 0 0 rg BT 88.86 691.25 Td (result ) Tj ET Q q 0 0 0 rg BT 113.98 691.25 Td (of ) Tj ET Q q 0 0 0 rg BT 125.22 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 140.34 691.25 Td (European ) Tj ET Q q 0 0 0 rg BT 181.56 691.25 Td (Roaming ) Tj ET Q q 0 0 0 rg BT 221.13 691.25 Td (Regulation, ) Tj ET Q q 0 0 0 rg BT 270.42 691.25 Td (which ) Tj ET Q q 0 0 0 rg BT 297.76 691.25 Td (has ) Tj ET Q q 0 0 0 rg BT 314.00 691.25 Td (direct ) Tj ET Q q 0 0 0 rg BT 339.67 691.25 Td (ef) Tj ET Q q 0 0 0 rg BT 347.26 691.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 365.15 691.25 Td (in ) Tj ET Q q 0 0 0 rg BT 375.83 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.95 691.25 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 444.67 691.25 Td (as ) Tj ET Q q 0 0 0 rg BT 455.91 691.25 Td (of ) Tj ET Q q 0 0 0 rg BT 467.14 691.25 Td (June ) Tj ET Q q 0 0 0 rg BT 488.38 691.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 503.78 691.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 529.19 691.25 Td (roaming ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 679.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 72.02 679.25 Td (surchar) Tj ET Q q 0 0 0 rg BT 101.27 679.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 116.58 679.25 Td (are ) Tj ET Q q 0 0 0 rg BT 130.76 679.25 Td (no ) Tj ET Q q 0 0 0 rg BT 142.74 679.25 Td (longer ) Tj ET Q q 0 0 0 rg BT 170.26 679.25 Td (permitted, ) Tj ET Q q 0 0 0 rg BT 213.06 679.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 243.36 679.25 Td (to ) Tj ET Q q 0 0 0 rg BT 253.12 679.25 Td (a ) Tj ET Q q 0 0 0 rg BT 259.53 679.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 275.39 679.25 Td (use ) Tj ET Q q 0 0 0 rg BT 290.70 679.25 Td (policy) Tj ET Q q 0 0 0 rg BT 315.04 679.25 Td (. ) Tj ET Q q 0 0 0 rg BT 319.52 679.25 Td (On ) Tj ET Q q 0 0 0 rg BT 333.72 679.25 Td (June ) Tj ET Q q 0 0 0 rg BT 354.03 679.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 368.50 679.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 392.98 679.25 Td (revised ) Tj ET Q q 0 0 0 rg BT 423.84 679.25 Td (maximum ) Tj ET Q q 0 0 0 rg BT 466.37 679.25 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 508.33 679.25 Td (roaming ) Tj ET Q q 0 0 0 rg BT 543.63 679.25 Td (rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.25 Td (\(exclusive ) Tj ET Q q 0 0 0 rg BT 92.94 667.25 Td (of ) Tj ET Q q 0 0 0 rg BT 103.44 667.25 Td (V) Tj ET Q q 0 0 0 rg BT 109.37 667.25 Td (A) Tj ET Q q 0 0 0 rg BT 115.48 667.25 Td (T\) ) Tj ET Q q 0 0 0 rg BT 127.26 667.25 Td (became ) Tj ET Q q 0 0 0 rg BT 160.14 667.25 Td (ef) Tj ET Q q 0 0 0 rg BT 167.72 667.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 197.27 667.25 Td (as ) Tj ET Q q 0 0 0 rg BT 207.94 667.25 Td (follows ) Tj ET Q q 0 0 0 rg BT 240.28 667.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 252.06 667.25 Td (outgoing ) Tj ET Q q 0 0 0 rg BT 289.96 667.25 Td (calls ) Tj ET Q q 0 0 0 rg BT 310.62 667.25 Td (at ) Tj ET Q q 0 0 0 rg BT 320.18 667.25 Td (0.032 ) Tj ET Q q 0 0 0 rg BT 350.02 667.25 Td (per ) Tj ET Q q 0 0 0 rg BT 365.13 667.25 Td (minute, ) Tj ET Q q 0 0 0 rg BT 397.75 667.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 412.31 667.25 Td (incoming ) Tj ET Q q 0 0 0 rg BT 452.42 667.25 Td (calls ) Tj ET Q q 0 0 0 rg BT 473.09 667.25 Td (at ) Tj ET Q q 0 0 0 rg BT 482.65 667.25 Td (0.01) Tj ET Q q 0 0 0 rg BT 504.77 667.25 Td (14 ) Tj ET Q q 0 0 0 rg BT 517.12 667.25 Td (per ) Tj ET Q q 0 0 0 rg BT 532.23 667.25 Td (minute, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.25 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 66.83 655.25 Td (0.01 ) Tj ET Q q 0 0 0 rg BT 91.66 655.25 Td (per ) Tj ET Q q 0 0 0 rg BT 106.76 655.25 Td (SMS ) Tj ET Q q 0 0 0 rg BT 129.10 655.25 Td (sent, ) Tj ET Q q 0 0 0 rg BT 150.04 655.25 Td (and ) Tj ET Q q 0 0 0 rg BT 166.81 655.25 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 183.58 655.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 204.79 655.25 Td (for ) Tj ET Q q 0 0 0 rg BT 218.78 655.25 Td (data ) Tj ET Q q 0 0 0 rg BT 237.77 655.25 Td (at ) Tj ET Q q 0 0 0 rg BT 247.32 655.25 Td (7.7 ) Tj ET Q q 0 0 0 rg BT 267.15 655.25 Td (per ) Tj ET Q q 0 0 0 rg BT 282.25 655.25 Td (GB ) Tj ET Q q 0 0 0 rg BT 298.47 655.25 Td (decreasing ) Tj ET Q q 0 0 0 rg BT 343.56 655.25 Td (annually ) Tj ET Q q 0 0 0 rg BT 380.33 655.25 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 423.20 655.25 Td (to ) Tj ET Q q 0 0 0 rg BT 433.31 655.25 Td (2.5 ) Tj ET Q q 0 0 0 rg BT 453.15 655.25 Td (per ) Tj ET Q q 0 0 0 rg BT 468.25 655.25 Td (GB ) Tj ET Q q 0 0 0 rg BT 484.47 655.25 Td (ef) Tj ET Q q 0 0 0 rg BT 492.06 655.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 521.59 655.25 Td (January ) Tj ET Q q 0 0 0 rg BT 555.02 655.25 Td (1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.25 Td (2022. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 621.25 Td (International ) Tj ET Q q 0 0 0 rg BT 116.02 621.25 Td (calls) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 599.25 Td (New ) Tj ET Q q 0 0 0 rg BT 89.13 599.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 111.31 599.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 152.38 599.25 Td (intra ) Tj ET Q q 0 0 0 rg BT 173.45 599.25 Td (EU ) Tj ET Q q 0 0 0 rg BT 189.52 599.25 Td (communications ) Tj ET Q q 0 0 0 rg BT 258.37 599.25 Td (impose ) Tj ET Q q 0 0 0 rg BT 290.00 599.25 Td (regulated ) Tj ET Q q 0 0 0 rg BT 329.95 599.25 Td (maximum ) Tj ET Q q 0 0 0 rg BT 373.25 599.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 396.54 599.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 423.16 599.25 Td (char) Tj ET Q q 0 0 0 rg BT 440.19 599.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 457.37 599.25 Td (to ) Tj ET Q q 0 0 0 rg BT 467.90 599.25 Td (consumers ) Tj ET Q q 0 0 0 rg BT 513.41 599.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.49 599.25 Td (0.19 ) Tj ET Q q 0 0 0 rg BT 549.74 599.25 Td (per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.25 Td (minute ) Tj ET Q q 0 0 0 rg BT 79.85 587.25 Td (for ) Tj ET Q q 0 0 0 rg BT 94.08 587.25 Td (calls ) Tj ET Q q 0 0 0 rg BT 114.98 587.25 Td (and ) Tj ET Q q 0 0 0 rg BT 131.99 587.25 Td (0.06 ) Tj ET Q q 0 0 0 rg BT 157.06 587.25 Td (per ) Tj ET Q q 0 0 0 rg BT 172.40 587.25 Td (SMS ) Tj ET Q q 0 0 0 rg BT 194.99 587.25 Td (messages ) Tj ET Q q 0 0 0 rg BT 235.33 587.25 Td (\(exclusive ) Tj ET Q q 0 0 0 rg BT 278.99 587.25 Td (of ) Tj ET Q q 0 0 0 rg BT 289.71 587.25 Td (V) Tj ET Q q 0 0 0 rg BT 295.64 587.25 Td (A) Tj ET Q q 0 0 0 rg BT 301.76 587.25 Td (T\). ) Tj ET Q q 0 0 0 rg BT 316.08 587.25 Td (The ) Tj ET Q q 0 0 0 rg BT 334.20 587.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 355.65 587.25 Td (apply ) Tj ET Q q 0 0 0 rg BT 380.44 587.25 Td (to ) Tj ET Q q 0 0 0 rg BT 390.79 587.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 413.91 587.25 Td (and ) Tj ET Q q 0 0 0 rg BT 430.92 587.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 461.26 587.25 Td (communications ) Tj ET Q q 0 0 0 rg BT 529.93 587.25 Td (and ) Tj ET Q q 0 0 0 rg BT 546.95 587.25 Td (will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.25 Td (enter ) Tj ET Q q 0 0 0 rg BT 71.99 575.25 Td (into ) Tj ET Q q 0 0 0 rg BT 90.04 575.25 Td (force ) Tj ET Q q 0 0 0 rg BT 113.08 575.25 Td (on ) Tj ET Q q 0 0 0 rg BT 125.58 575.25 Td (May ) Tj ET Q q 0 0 0 rg BT 146.41 575.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 161.41 575.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 186.41 575.25 Td (and ) Tj ET Q q 0 0 0 rg BT 203.35 575.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 233.61 575.25 Td (in ) Tj ET Q q 0 0 0 rg BT 243.89 575.25 Td (place ) Tj ET Q q 0 0 0 rg BT 267.48 575.25 Td (for ) Tj ET Q q 0 0 0 rg BT 281.64 575.25 Td (five ) Tj ET Q q 0 0 0 rg BT 299.69 575.25 Td (years. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 553.25 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 103.79 553.25 Td (Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 531.25 Td (In ) Tj ET Q q 0 0 0 rg BT 77.56 531.25 Td (June ) Tj ET Q q 0 0 0 rg BT 97.63 531.25 Td (2014, ) Tj ET Q q 0 0 0 rg BT 121.86 531.25 Td (and ) Tj ET Q q 0 0 0 rg BT 138.04 531.25 Td (February ) Tj ET Q q 0 0 0 rg BT 175.87 531.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 200.11 531.25 Td (the ) Tj ET Q q 0 0 0 rg BT 214.06 531.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 240.23 531.25 Td (\(Civil\) ) Tj ET Q q 0 0 0 rg BT 268.63 531.25 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 305.91 531.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 330.43 531.25 Td (ruled ) Tj ET Q q 0 0 0 rg BT 352.71 531.25 Td (that ) Tj ET Q q 0 0 0 rg BT 369.44 531.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 398.38 531.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 439.54 531.25 Td (propositions ) Tj ET Q q 0 0 0 rg BT 490.73 531.25 Td (of ) Tj ET Q q 0 0 0 rg BT 500.79 531.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 530.30 531.25 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.25 Td (and ) Tj ET Q q 0 0 0 rg BT 68.13 519.25 Td (a ) Tj ET Q q 0 0 0 rg BT 76.75 519.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 108.72 519.25 Td (handset ) Tj ET Q q 0 0 0 rg BT 143.45 519.25 Td (could, ) Tj ET Q q 0 0 0 rg BT 172.36 519.25 Td (under ) Tj ET Q q 0 0 0 rg BT 199.32 519.25 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 262.65 519.25 Td (be ) Tj ET Q q 0 0 0 rg BT 276.27 519.25 Td (qualified ) Tj ET Q q 0 0 0 rg BT 316.00 519.25 Td (as, ) Tj ET Q q 0 0 0 rg BT 331.02 519.25 Td (inter ) Tj ET Q q 0 0 0 rg BT 353.54 519.25 Td (alia, ) Tj ET Q q 0 0 0 rg BT 374.66 519.25 Td (consumer ) Tj ET Q q 0 0 0 rg BT 417.73 519.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 444.68 519.25 Td (and ) Tj ET Q q 0 0 0 rg BT 463.31 519.25 Td (installment ) Tj ET Q q 0 0 0 rg BT 511.93 519.25 Td (sales, ) Tj ET Q q 0 0 0 rg BT 538.06 519.25 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.25 Td (qualification ) Tj ET Q q 0 0 0 rg BT 101.76 507.25 Td (could ) Tj ET Q q 0 0 0 rg BT 125.70 507.25 Td (have ) Tj ET Q q 0 0 0 rg BT 146.30 507.25 Td (consequences ) Tj ET Q q 0 0 0 rg BT 203.00 507.25 Td (on ) Tj ET Q q 0 0 0 rg BT 214.72 507.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.67 507.25 Td (validity ) Tj ET Q q 0 0 0 rg BT 260.94 507.25 Td (of ) Tj ET Q q 0 0 0 rg BT 270.99 507.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 299.92 507.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 338.30 507.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 376.12 507.25 Td (and ) Tj ET Q q 0 0 0 rg BT 392.28 507.25 Td (the ) Tj ET Q q 0 0 0 rg BT 406.22 507.25 Td (applicability ) Tj ET Q q 0 0 0 rg BT 457.93 507.25 Td (of ) Tj ET Q q 0 0 0 rg BT 467.98 507.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 504.69 507.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 524.74 507.25 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.50 495.25 Td (supervision ) Tj ET Q q 0 0 0 rg BT 113.40 495.25 Td (of ) Tj ET Q q 0 0 0 rg BT 124.52 495.25 Td (the ) Tj ET Q q 0 0 0 rg BT 138.91 495.25 Td (Autoriteit ) Tj ET Q q 0 0 0 rg BT 180.58 495.25 Td (Financile ) Tj ET Q q 0 0 0 rg BT 225.02 495.25 Td (Markten ) Tj ET Q q 0 0 0 rg BT 261.68 495.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 280.02 495.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 307.24 495.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 345.01 495.25 Td (market ) Tj ET Q q 0 0 0 rg BT 375.56 495.25 Td (supervisory ) Tj ET Q q 0 0 0 rg BT 425.01 495.25 Td (body) Tj ET Q q 0 0 0 rg BT 444.36 495.25 Td (, ) Tj ET Q q 0 0 0 rg BT 449.65 495.25 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.09 495.25 Td (AFM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.86 495.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 490.27 495.25 Td (V) Tj ET Q q 0 0 0 rg BT 496.21 495.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 531.20 495.25 Td (NL) Tj ET Q q 0 0 0 rg BT 544.16 495.25 Td ( ) Tj ET Q q 0 0 0 rg BT 546.95 495.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.25 Td (not ) Tj ET Q q 0 0 0 rg BT 64.78 483.25 Td (party ) Tj ET Q q 0 0 0 rg BT 87.83 483.25 Td (to ) Tj ET Q q 0 0 0 rg BT 98.10 483.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.82 483.25 Td (above-mentioned ) Tj ET Q q 0 0 0 rg BT 184.74 483.25 Td (proceedings. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 459.25 Td (Currently) Tj ET Q q 0 0 0 rg BT 105.18 459.25 Td (, ) Tj ET Q q 0 0 0 rg BT 110.25 459.25 Td (we ) Tj ET Q q 0 0 0 rg BT 124.49 459.25 Td (are ) Tj ET Q q 0 0 0 rg BT 139.27 459.25 Td (unable ) Tj ET Q q 0 0 0 rg BT 168.50 459.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.85 459.25 Td (conclude ) Tj ET Q q 0 0 0 rg BT 217.52 459.25 Td (if, ) Tj ET Q q 0 0 0 rg BT 228.71 459.25 Td (and ) Tj ET Q q 0 0 0 rg BT 245.72 459.25 Td (if ) Tj ET Q q 0 0 0 rg BT 254.41 459.25 Td (so, ) Tj ET Q q 0 0 0 rg BT 268.37 459.25 Td (which, ) Tj ET Q q 0 0 0 rg BT 297.89 459.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 328.24 459.25 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 383.59 459.25 Td (of ) Tj ET Q q 0 0 0 rg BT 394.31 459.25 Td (V) Tj ET Q q 0 0 0 rg BT 400.24 459.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 435.03 459.25 Td (NL) Tj ET Q q 0 0 0 rg BT 447.99 459.25 Td ( ) Tj ET Q q 0 0 0 rg BT 450.56 459.25 Td (would ) Tj ET Q q 0 0 0 rg BT 478.14 459.25 Td (be ) Tj ET Q q 0 0 0 rg BT 490.15 459.25 Td (impacted ) Tj ET Q q 0 0 0 rg BT 529.38 459.25 Td (by ) Tj ET Q q 0 0 0 rg BT 541.95 459.25 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.25 Td (rulings. ) Tj ET Q q 0 0 0 rg BT 82.16 447.25 Td (In ) Tj ET Q q 0 0 0 rg BT 92.88 447.25 Td (February ) Tj ET Q q 0 0 0 rg BT 131.36 447.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 156.24 447.25 Td (the ) Tj ET Q q 0 0 0 rg BT 170.85 447.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 197.67 447.25 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 241.16 447.25 Td (Federation ) Tj ET Q q 0 0 0 rg BT 286.31 447.25 Td (made ) Tj ET Q q 0 0 0 rg BT 310.35 447.25 Td (public ) Tj ET Q q 0 0 0 rg BT 337.73 447.25 Td (that ) Tj ET Q q 0 0 0 rg BT 355.11 447.25 Td (they ) Tj ET Q q 0 0 0 rg BT 374.71 447.25 Td (had ) Tj ET Q q 0 0 0 rg BT 391.53 447.25 Td (commenced ) Tj ET Q q 0 0 0 rg BT 442.23 447.25 Td (collective ) Tj ET Q q 0 0 0 rg BT 483.48 447.25 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 534.18 447.25 Td (against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.25 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 435.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 90.72 435.25 Td (NL) Tj ET Q q 0 0 0 rg BT 103.68 435.25 Td ( ) Tj ET Q q 0 0 0 rg BT 106.75 435.25 Td (and ) Tj ET Q q 0 0 0 rg BT 124.27 435.25 Td (other ) Tj ET Q q 0 0 0 rg BT 147.89 435.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 178.75 435.25 Td (operators ) Tj ET Q q 0 0 0 rg BT 219.03 435.25 Td (in ) Tj ET Q q 0 0 0 rg BT 229.89 435.25 Td (the ) Tj ET Q q 0 0 0 rg BT 245.18 435.25 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 296.57 435.25 Td (and ) Tj ET Q q 0 0 0 rg BT 314.09 435.25 Td (we ) Tj ET Q q 0 0 0 rg BT 328.83 435.25 Td (are ) Tj ET Q q 0 0 0 rg BT 344.11 435.25 Td (currently ) Tj ET Q q 0 0 0 rg BT 383.28 435.25 Td (conducting ) Tj ET Q q 0 0 0 rg BT 430.79 435.25 Td (exploratory ) Tj ET Q q 0 0 0 rg BT 479.97 435.25 Td (talks ) Tj ET Q q 0 0 0 rg BT 501.93 435.25 Td (with ) Tj ET Q q 0 0 0 rg BT 522.79 435.25 Td (the ) Tj ET Q q 0 0 0 rg BT 538.08 435.25 Td (Dutch ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.25 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 93.11 423.25 Td (Federation ) Tj ET Q q 0 0 0 rg BT 138.37 423.25 Td (and ) Tj ET Q q 0 0 0 rg BT 155.31 423.25 Td (the ) Tj ET Q q 0 0 0 rg BT 170.03 423.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 219.72 423.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 244.44 423.25 Td (vehicle ) Tj ET Q q 0 0 0 rg BT 275.81 423.25 Td (Consumentenclaim ) Tj ET Q q 0 0 0 rg BT 355.52 423.25 Td (B.V) Tj ET Q q 0 0 0 rg BT 370.62 423.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 399.25 Td ( ) Tj ET Q q 0 0 0 rg BT 70.38 399.25 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 125.54 399.25 Td (V) Tj ET Q q 0 0 0 rg BT 131.48 399.25 Td (odafone ) Tj ET Q q 0 0 0 rg BT 166.57 399.25 Td (NL) Tj ET Q q 0 0 0 rg BT 179.53 399.25 Td ( ) Tj ET Q q 0 0 0 rg BT 182.41 399.25 Td (has ) Tj ET Q q 0 0 0 rg BT 198.62 399.25 Td (been ) Tj ET Q q 0 0 0 rg BT 220.38 399.25 Td (in ) Tj ET Q q 0 0 0 rg BT 231.04 399.25 Td (close ) Tj ET Q q 0 0 0 rg BT 254.47 399.25 Td (consultation ) Tj ET Q q 0 0 0 rg BT 306.24 399.25 Td (with ) Tj ET Q q 0 0 0 rg BT 326.90 399.25 Td (the ) Tj ET Q q 0 0 0 rg BT 342.00 399.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 382.10 399.25 Td (Market ) Tj ET Q q 0 0 0 rg BT 413.22 399.25 Td (Authority ) Tj ET Q q 0 0 0 rg BT 454.99 399.25 Td (about ) Tj ET Q q 0 0 0 rg BT 480.09 399.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.19 399.25 Td (applicability ) Tj ET Q q 0 0 0 rg BT 548.06 399.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.25 Td (implementation ) Tj ET Q q 0 0 0 rg BT 115.12 387.25 Td (of ) Tj ET Q q 0 0 0 rg BT 126.31 387.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 164.16 387.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 185.35 387.25 Td (on ) Tj ET Q q 0 0 0 rg BT 198.21 387.25 Td (consumer ) Tj ET Q q 0 0 0 rg BT 239.94 387.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 265.57 387.25 Td (going ) Tj ET Q q 0 0 0 rg BT 291.21 387.25 Td (forward ) Tj ET Q q 0 0 0 rg BT 325.72 387.25 Td (and ) Tj ET Q q 0 0 0 rg BT 343.02 387.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 375.31 387.25 Td (for ) Tj ET Q q 0 0 0 rg BT 389.83 387.25 Td (a ) Tj ET Q q 0 0 0 rg BT 397.13 387.25 Td (consumer ) Tj ET Q q 0 0 0 rg BT 438.87 387.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 464.49 387.25 Td (license ) Tj ET Q q 0 0 0 rg BT 495.11 387.25 Td (with ) Tj ET Q q 0 0 0 rg BT 515.75 387.25 Td (the ) Tj ET Q q 0 0 0 rg BT 530.20 387.25 Td (AFM ) Tj ET Q q 0 0 0 rg BT 554.73 387.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.25 Td (June ) Tj ET Q q 0 0 0 rg BT 70.33 375.25 Td (2016. ) Tj ET Q q 0 0 0 rg BT 95.15 375.25 Td (The ) Tj ET Q q 0 0 0 rg BT 113.20 375.25 Td (license ) Tj ET Q q 0 0 0 rg BT 143.46 375.25 Td (was ) Tj ET Q q 0 0 0 rg BT 161.51 375.25 Td (granted ) Tj ET Q q 0 0 0 rg BT 194.00 375.25 Td (in ) Tj ET Q q 0 0 0 rg BT 204.28 375.25 Td (December ) Tj ET Q q 0 0 0 rg BT 247.86 375.25 Td (2016. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 353.25 Td (Conditions ) Tj ET Q q 0 0 0 rg BT 106.57 353.25 Td (Applied ) Tj ET Q q 0 0 0 rg BT 141.81 353.25 Td (in ) Tj ET Q q 0 0 0 rg BT 153.72 353.25 Td (Connection ) Tj ET Q q 0 0 0 rg BT 205.09 353.25 Td (with ) Tj ET Q q 0 0 0 rg BT 226.45 353.25 Td (the ) Tj ET Q q 0 0 0 rg BT 242.81 353.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 269.74 353.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 320.55 353.25 Td (and ) Tj ET Q q 0 0 0 rg BT 339.69 353.25 Td (KPN ) Tj ET Q q 0 0 0 rg BT 363.27 353.25 Td (appeals ) Tj ET Q q 0 0 0 rg BT 397.95 353.25 Td (against ) Tj ET Q q 0 0 0 rg BT 431.54 353.25 Td (EC ) Tj ET Q q 0 0 0 rg BT 448.46 353.25 Td (merger ) Tj ET Q q 0 0 0 rg BT 481.47 353.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 522.83 353.25 Td (for ) Tj ET Q q 0 0 0 rg BT 538.63 353.25 Td (Ziggo ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 99.24 341.25 Td (and ) Tj ET Q q 0 0 0 rg BT 117.30 341.25 Td (V) Tj ET Q q 0 0 0 rg BT 122.86 341.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 182.58 341.25 Td (Joint ) Tj ET Q q 0 0 0 rg BT 206.19 341.25 Td (V) Tj ET Q q 0 0 0 rg BT 211.76 341.25 Td (enture) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 319.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 98.79 319.25 Td (Global) Tj ET Q q 0 0 0 rg BT 128.79 319.25 Td (s ) Tj ET Q q 0 0 0 rg BT 134.54 319.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 180.28 319.25 Td (of ) Tj ET Q q 0 0 0 rg BT 190.47 319.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 216.22 319.25 Td (obtained ) Tj ET Q q 0 0 0 rg BT 252.51 319.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 295.46 319.25 Td (clearance ) Tj ET Q q 0 0 0 rg BT 335.06 319.25 Td (from ) Tj ET Q q 0 0 0 rg BT 356.36 319.25 Td (the ) Tj ET Q q 0 0 0 rg BT 370.43 319.25 Td (EC ) Tj ET Q q 0 0 0 rg BT 385.07 319.25 Td (on ) Tj ET Q q 0 0 0 rg BT 396.93 319.25 Td (October ) Tj ET Q q 0 0 0 rg BT 431.00 319.25 Td (10, ) Tj ET Q q 0 0 0 rg BT 445.36 319.25 Td (2014, ) Tj ET Q q 0 0 0 rg BT 469.72 319.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 499.90 319.25 Td (to ) Tj ET Q q 0 0 0 rg BT 509.54 319.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.62 319.25 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.25 Td (commitments ) Tj ET Q q 0 0 0 rg BT 106.44 307.25 Td (from ) Tj ET Q q 0 0 0 rg BT 128.38 307.25 Td (Old ) Tj ET Q q 0 0 0 rg BT 145.88 307.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 172.26 307.25 Td (that ) Tj ET Q q 0 0 0 rg BT 189.76 307.25 Td (are ) Tj ET Q q 0 0 0 rg BT 204.47 307.25 Td (transferred ) Tj ET Q q 0 0 0 rg BT 250.27 307.25 Td (to ) Tj ET Q q 0 0 0 rg BT 260.55 307.25 Td (our ) Tj ET Q q 0 0 0 rg BT 276.38 307.25 Td (company:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 288.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 288.75 Td (a ) Tj ET Q q 0 0 0 rg BT 92.44 288.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 145.49 288.75 Td (to ) Tj ET Q q 0 0 0 rg BT 155.76 288.75 Td (carry ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.80 288.75 Td (Film ) Tj ET Q q 0 0 0 rg BT 200.19 288.75 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.19 288.75 Td ( ) Tj ET Q q 0 0 0 rg BT 207.69 288.75 Td (channels ) Tj ET Q q 0 0 0 rg BT 245.17 288.75 Td (on ) Tj ET Q q 0 0 0 rg BT 257.67 288.75 Td (our ) Tj ET Q q 0 0 0 rg BT 273.50 288.75 Td (network ) Tj ET Q q 0 0 0 rg BT 308.77 288.75 Td (at ) Tj ET Q q 0 0 0 rg BT 318.49 288.75 Td (least ) Tj ET Q q 0 0 0 rg BT 339.31 288.75 Td (until ) Tj ET Q q 0 0 0 rg BT 360.15 288.75 Td (October ) Tj ET Q q 0 0 0 rg BT 394.86 288.75 Td (2017; ) Tj ET Q q 0 0 0 rg BT 420.13 288.75 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 264.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 264.75 Td (a ) Tj ET Q q 0 0 0 rg BT 93.48 264.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 147.58 264.75 Td (until ) Tj ET Q q 0 0 0 rg BT 169.46 264.75 Td (October ) Tj ET Q q 0 0 0 rg BT 205.21 264.75 Td (10, ) Tj ET Q q 0 0 0 rg BT 221.25 264.75 Td (2022, ) Tj ET Q q 0 0 0 rg BT 247.30 264.75 Td (with ) Tj ET Q q 0 0 0 rg BT 268.62 264.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 300.48 264.75 Td (to ) Tj ET Q q 0 0 0 rg BT 311.80 264.75 Td (our ) Tj ET Q q 0 0 0 rg BT 328.68 264.75 Td (fixed ) Tj ET Q q 0 0 0 rg BT 352.77 264.75 Td (network ) Tj ET Q q 0 0 0 rg BT 389.08 264.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 402.07 264.75 Td (not ) Tj ET Q q 0 0 0 rg BT 418.39 264.75 Td (to ) Tj ET Q q 0 0 0 rg BT 429.71 264.75 Td (enforce ) Tj ET Q q 0 0 0 rg BT 463.23 264.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 493.98 264.75 Td (clauses ) Tj ET Q q 0 0 0 rg BT 526.40 264.75 Td (currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 252.75 Td (contained ) Tj ET Q q 0 0 0 rg BT 127.58 252.75 Td (in ) Tj ET Q q 0 0 0 rg BT 138.56 252.75 Td (carriage ) Tj ET Q q 0 0 0 rg BT 173.96 252.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 222.69 252.75 Td (with ) Tj ET Q q 0 0 0 rg BT 243.68 252.75 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 296.86 252.75 Td (that ) Tj ET Q q 0 0 0 rg BT 315.06 252.75 Td (restrict ) Tj ET Q q 0 0 0 rg BT 346.02 252.75 Td (the ) Tj ET Q q 0 0 0 rg BT 361.45 252.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 390.20 252.75 Td (of ) Tj ET Q q 0 0 0 rg BT 401.74 252.75 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 454.92 252.75 Td (to ) Tj ET Q q 0 0 0 rg BT 465.90 252.75 Td (of) Tj ET Q q 0 0 0 rg BT 474.05 252.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 488.35 252.75 Td (their ) Tj ET Q q 0 0 0 rg BT 509.88 252.75 Td (channels ) Tj ET Q q 0 0 0 rg BT 548.07 252.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 240.75 Td (content ) Tj ET Q q 0 0 0 rg BT 116.92 240.75 Td (via ) Tj ET Q q 0 0 0 rg BT 131.12 240.75 Td (OTT) Tj ET Q q 0 0 0 rg BT 150.38 240.75 Td ( ) Tj ET Q q 0 0 0 rg BT 152.36 240.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 189.05 240.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 203.25 240.75 Td (not ) Tj ET Q q 0 0 0 rg BT 218.01 240.75 Td (to ) Tj ET Q q 0 0 0 rg BT 227.78 240.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 249.75 240.75 Td (into ) Tj ET Q q 0 0 0 rg BT 267.29 240.75 Td (carriage ) Tj ET Q q 0 0 0 rg BT 301.46 240.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 348.98 240.75 Td (containing ) Tj ET Q q 0 0 0 rg BT 393.17 240.75 Td (such ) Tj ET Q q 0 0 0 rg BT 413.49 240.75 Td (clauses, ) Tj ET Q q 0 0 0 rg BT 446.85 240.75 Td (and ) Tj ET Q q 0 0 0 rg BT 463.27 240.75 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 480.25 240.75 Td (to ) Tj ET Q q 0 0 0 rg BT 490.01 240.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 526.99 240.75 Td (adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 228.75 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 150.30 228.75 Td (capacity ) Tj ET Q q 0 0 0 rg BT 186.22 228.75 Td (through ) Tj ET Q q 0 0 0 rg BT 219.93 228.75 Td (at ) Tj ET Q q 0 0 0 rg BT 229.75 228.75 Td (least ) Tj ET Q q 0 0 0 rg BT 250.68 228.75 Td (three ) Tj ET Q q 0 0 0 rg BT 273.27 228.75 Td (uncongested ) Tj ET Q q 0 0 0 rg BT 325.86 228.75 Td (routes ) Tj ET Q q 0 0 0 rg BT 352.90 228.75 Td (into ) Tj ET Q q 0 0 0 rg BT 371.06 228.75 Td (our ) Tj ET Q q 0 0 0 rg BT 386.99 228.75 Td (network, ) Tj ET Q q 0 0 0 rg BT 424.87 228.75 Td (at ) Tj ET Q q 0 0 0 rg BT 434.69 228.75 Td (least ) Tj ET Q q 0 0 0 rg BT 455.62 228.75 Td (one ) Tj ET Q q 0 0 0 rg BT 472.66 228.75 Td (of ) Tj ET Q q 0 0 0 rg BT 483.59 228.75 Td (which ) Tj ET Q q 0 0 0 rg BT 510.64 228.75 Td (must ) Tj ET Q q 0 0 0 rg BT 532.69 228.75 Td (be ) Tj ET Q q 0 0 0 rg BT 544.73 228.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 216.75 Td (a ) Tj ET Q q 0 0 0 rg BT 92.44 216.75 Td (lar) Tj ET Q q 0 0 0 rg BT 102.80 216.75 Td (ge ) Tj ET Q q 0 0 0 rg BT 114.74 216.75 Td (transit ) Tj ET Q q 0 0 0 rg BT 142.24 216.75 Td (provider) Tj ET Q q 0 0 0 rg BT 175.56 216.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 192.75 Td (In ) Tj ET Q q 0 0 0 rg BT 77.49 192.75 Td (July ) Tj ET Q q 0 0 0 rg BT 95.82 192.75 Td (2015, ) Tj ET Q q 0 0 0 rg BT 119.98 192.75 Td (KPN, ) Tj ET Q q 0 0 0 rg BT 144.14 192.75 Td (one ) Tj ET Q q 0 0 0 rg BT 160.24 192.75 Td (of ) Tj ET Q q 0 0 0 rg BT 170.23 192.75 Td (our ) Tj ET Q q 0 0 0 rg BT 185.22 192.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 234.09 192.75 Td (in ) Tj ET Q q 0 0 0 rg BT 243.53 192.75 Td (the ) Tj ET Q q 0 0 0 rg BT 257.40 192.75 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 309.88 192.75 Td (lodged ) Tj ET Q q 0 0 0 rg BT 338.75 192.75 Td (an ) Tj ET Q q 0 0 0 rg BT 349.85 192.75 Td (appeal ) Tj ET Q q 0 0 0 rg BT 377.60 192.75 Td (against ) Tj ET Q q 0 0 0 rg BT 407.59 192.75 Td (the ) Tj ET Q q 0 0 0 rg BT 421.46 192.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 435.90 192.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 470.89 192.75 Td (clearing ) Tj ET Q q 0 0 0 rg BT 504.75 192.75 Td (the ) Tj ET Q q 0 0 0 rg BT 518.62 192.75 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 180.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.37 180.75 Td (the ) Tj ET Q q 0 0 0 rg BT 75.12 180.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 101.55 180.75 Td (business ) Tj ET Q q 0 0 0 rg BT 137.98 180.75 Td (by ) Tj ET Q q 0 0 0 rg BT 150.52 180.75 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 182.49 180.75 Td (Global. ) Tj ET Q q 0 0 0 rg BT 214.56 180.75 Td (The ) Tj ET Q q 0 0 0 rg BT 232.46 180.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.39 180.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 297.02 180.75 Td (JV) Tj ET Q q 0 0 0 rg BT 307.96 180.75 Td ( ) Tj ET Q q 0 0 0 rg BT 310.50 180.75 Td (was ) Tj ET Q q 0 0 0 rg BT 328.58 180.75 Td (not ) Tj ET Q q 0 0 0 rg BT 343.90 180.75 Td (a ) Tj ET Q q 0 0 0 rg BT 350.88 180.75 Td (party ) Tj ET Q q 0 0 0 rg BT 373.96 180.75 Td (to ) Tj ET Q q 0 0 0 rg BT 384.28 180.75 Td (these ) Tj ET Q q 0 0 0 rg BT 407.36 180.75 Td (proceedings. ) Tj ET Q q 0 0 0 rg BT 460.72 180.75 Td (On ) Tj ET Q q 0 0 0 rg BT 475.48 180.75 Td (October ) Tj ET Q q 0 0 0 rg BT 510.22 180.75 Td (26, ) Tj ET Q q 0 0 0 rg BT 525.26 180.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 550.30 180.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.75 Td (General ) Tj ET Q q 0 0 0 rg BT 83.59 168.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 108.81 168.75 Td (of ) Tj ET Q q 0 0 0 rg BT 119.59 168.75 Td (the ) Tj ET Q q 0 0 0 rg BT 134.25 168.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 150.03 168.75 Td (ruled ) Tj ET Q q 0 0 0 rg BT 173.02 168.75 Td (that ) Tj ET Q q 0 0 0 rg BT 190.46 168.75 Td (the ) Tj ET Q q 0 0 0 rg BT 205.12 168.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 220.35 168.75 Td (did ) Tj ET Q q 0 0 0 rg BT 235.57 168.75 Td (not ) Tj ET Q q 0 0 0 rg BT 250.79 168.75 Td (state ) Tj ET Q q 0 0 0 rg BT 271.56 168.75 Td (suf) Tj ET Q q 0 0 0 rg BT 283.60 168.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 311.59 168.75 Td (reasons ) Tj ET Q q 0 0 0 rg BT 344.03 168.75 Td (for ) Tj ET Q q 0 0 0 rg BT 358.13 168.75 Td (not ) Tj ET Q q 0 0 0 rg BT 373.36 168.75 Td (analyzing ) Tj ET Q q 0 0 0 rg BT 414.67 168.75 Td (the ) Tj ET Q q 0 0 0 rg BT 429.34 168.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 464.56 168.75 Td (vertical ) Tj ET Q q 0 0 0 rg BT 496.99 168.75 Td (anti-competitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.75 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 156.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 77.93 156.75 Td (on ) Tj ET Q q 0 0 0 rg BT 89.89 156.75 Td (the ) Tj ET Q q 0 0 0 rg BT 104.07 156.75 Td (market ) Tj ET Q q 0 0 0 rg BT 133.80 156.75 Td (for ) Tj ET Q q 0 0 0 rg BT 147.42 156.75 Td (premium ) Tj ET Q q 0 0 0 rg BT 185.49 156.75 Td (pay ) Tj ET Q q 0 0 0 rg BT 201.75 156.75 Td (TV) Tj ET Q q 0 0 0 rg BT 214.90 156.75 Td ( ) Tj ET Q q 0 0 0 rg BT 216.86 156.75 Td (sports ) Tj ET Q q 0 0 0 rg BT 242.71 156.75 Td (channels ) Tj ET Q q 0 0 0 rg BT 279.66 156.75 Td (and ) Tj ET Q q 0 0 0 rg BT 296.06 156.75 Td (consequently ) Tj ET Q q 0 0 0 rg BT 350.79 156.75 Td (annulled ) Tj ET Q q 0 0 0 rg BT 387.19 156.75 Td (the ) Tj ET Q q 0 0 0 rg BT 401.36 156.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 416.11 156.75 Td (decision. ) Tj ET Q q 0 0 0 rg BT 453.46 156.75 Td (Article ) Tj ET Q q 0 0 0 rg BT 483.19 156.75 Td (10 ) Tj ET Q q 0 0 0 rg BT 495.15 156.75 Td (\(5\) ) Tj ET Q q 0 0 0 rg BT 508.77 156.75 Td (of ) Tj ET Q q 0 0 0 rg BT 519.07 156.75 Td (the ) Tj ET Q q 0 0 0 rg BT 533.25 156.75 Td (Mer) Tj ET Q q 0 0 0 rg BT 549.73 156.75 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.75 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 96.34 144.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 133.74 144.75 Td (in ) Tj ET Q q 0 0 0 rg BT 144.48 144.75 Td (such ) Tj ET Q q 0 0 0 rg BT 165.76 144.75 Td (a ) Tj ET Q q 0 0 0 rg BT 173.16 144.75 Td (case ) Tj ET Q q 0 0 0 rg BT 193.33 144.75 Td (that ) Tj ET Q q 0 0 0 rg BT 211.28 144.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 258.11 144.75 Td (shall ) Tj ET Q q 0 0 0 rg BT 279.96 144.75 Td (be ) Tj ET Q q 0 0 0 rg BT 292.36 144.75 Td (re-examined ) Tj ET Q q 0 0 0 rg BT 345.29 144.75 Td (by ) Tj ET Q q 0 0 0 rg BT 358.25 144.75 Td (the ) Tj ET Q q 0 0 0 rg BT 373.42 144.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 389.16 144.75 Td (with ) Tj ET Q q 0 0 0 rg BT 409.90 144.75 Td (a ) Tj ET Q q 0 0 0 rg BT 417.29 144.75 Td (view ) Tj ET Q q 0 0 0 rg BT 439.69 144.75 Td (to ) Tj ET Q q 0 0 0 rg BT 450.43 144.75 Td (adopting ) Tj ET Q q 0 0 0 rg BT 488.38 144.75 Td (a ) Tj ET Q q 0 0 0 rg BT 495.78 144.75 Td (new ) Tj ET Q q 0 0 0 rg BT 515.40 144.75 Td (decision. ) Tj ET Q q 0 0 0 rg BT 554.18 144.75 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.75 Td (April ) Tj ET Q q 0 0 0 rg BT 73.23 132.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 98.36 132.75 Td (we ) Tj ET Q q 0 0 0 rg BT 112.65 132.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 133.60 132.75 Td (a ) Tj ET Q q 0 0 0 rg BT 140.66 132.75 Td (formal ) Tj ET Q q 0 0 0 rg BT 169.94 132.75 Td (re-notification ) Tj ET Q q 0 0 0 rg BT 229.77 132.75 Td (of ) Tj ET Q q 0 0 0 rg BT 240.72 132.75 Td (this ) Tj ET Q q 0 0 0 rg BT 257.80 132.75 Td (mer) Tj ET Q q 0 0 0 rg BT 273.16 132.75 Td (ger ) Tj ET Q q 0 0 0 rg BT 288.56 132.75 Td (with ) Tj ET Q q 0 0 0 rg BT 308.96 132.75 Td (the ) Tj ET Q q 0 0 0 rg BT 323.80 132.75 Td (EC. ) Tj ET Q q 0 0 0 rg BT 341.71 132.75 Td (On ) Tj ET Q q 0 0 0 rg BT 356.56 132.75 Td (May ) Tj ET Q q 0 0 0 rg BT 377.51 132.75 Td (30, ) Tj ET Q q 0 0 0 rg BT 392.64 132.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 417.76 132.75 Td (the ) Tj ET Q q 0 0 0 rg BT 432.61 132.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 448.01 132.75 Td (again ) Tj ET Q q 0 0 0 rg BT 472.29 132.75 Td (cleared ) Tj ET Q q 0 0 0 rg BT 503.78 132.75 Td (the ) Tj ET Q q 0 0 0 rg BT 518.62 132.75 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.35 120.75 Td (the ) Tj ET Q q 0 0 0 rg BT 75.09 120.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 101.49 120.75 Td (business ) Tj ET Q q 0 0 0 rg BT 137.90 120.75 Td (by ) Tj ET Q q 0 0 0 rg BT 150.42 120.75 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 182.38 120.75 Td (Global. ) Tj ET Q q 0 0 0 rg BT 214.43 120.75 Td (The ) Tj ET Q q 0 0 0 rg BT 232.50 120.75 Td (earlier ) Tj ET Q q 0 0 0 rg BT 260.55 120.75 Td (agreed ) Tj ET Q q 0 0 0 rg BT 289.71 120.75 Td (commitments ) Tj ET Q q 0 0 0 rg BT 346.67 120.75 Td (from ) Tj ET Q q 0 0 0 rg BT 368.63 120.75 Td (Old ) Tj ET Q q 0 0 0 rg BT 386.15 120.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 412.56 120.75 Td (that ) Tj ET Q q 0 0 0 rg BT 430.07 120.75 Td (were ) Tj ET Q q 0 0 0 rg BT 452.02 120.75 Td (transferred ) Tj ET Q q 0 0 0 rg BT 497.84 120.75 Td (to ) Tj ET Q q 0 0 0 rg BT 508.14 120.75 Td (our ) Tj ET Q q 0 0 0 rg BT 523.99 120.75 Td (company) Tj ET Q q 0 0 0 rg BT 560.00 120.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 108.75 Td (have ) Tj ET Q q 0 0 0 rg BT 71.45 108.75 Td (been ) Tj ET Q q 0 0 0 rg BT 93.40 108.75 Td (extended ) Tj ET Q q 0 0 0 rg BT 132.57 108.75 Td (to ) Tj ET Q q 0 0 0 rg BT 143.42 108.75 Td (May ) Tj ET Q q 0 0 0 rg BT 164.82 108.75 Td (2026. ) Tj ET Q q 0 0 0 rg BT 190.39 108.75 Td (On ) Tj ET Q q 0 0 0 rg BT 205.69 108.75 Td (November ) Tj ET Q q 0 0 0 rg BT 250.97 108.75 Td (22, ) Tj ET Q q 0 0 0 rg BT 266.54 108.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 292.11 108.75 Td (KPN ) Tj ET Q q 0 0 0 rg BT 315.19 108.75 Td (lodged ) Tj ET Q q 0 0 0 rg BT 345.48 108.75 Td (a ) Tj ET Q q 0 0 0 rg BT 352.99 108.75 Td (pro-forma ) Tj ET Q q 0 0 0 rg BT 396.60 108.75 Td (appeal ) Tj ET Q q 0 0 0 rg BT 425.77 108.75 Td (with ) Tj ET Q q 0 0 0 rg BT 446.62 108.75 Td (the ) Tj ET Q q 0 0 0 rg BT 461.91 108.75 Td (General ) Tj ET Q q 0 0 0 rg BT 496.63 108.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 522.48 108.75 Td (of ) Tj ET Q q 0 0 0 rg BT 533.88 108.75 Td (the ) Tj ET Q q 0 0 0 rg BT 549.17 108.75 Td (EU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.75 Td (against ) Tj ET Q q 0 0 0 rg BT 80.50 96.75 Td (the ) Tj ET Q q 0 0 0 rg BT 95.40 96.75 Td (May ) Tj ET Q q 0 0 0 rg BT 116.40 96.75 Td (30, ) Tj ET Q q 0 0 0 rg BT 131.58 96.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 156.76 96.75 Td (clearance ) Tj ET Q q 0 0 0 rg BT 197.17 96.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 233.18 96.75 Td (of ) Tj ET Q q 0 0 0 rg BT 244.18 96.75 Td (the ) Tj ET Q q 0 0 0 rg BT 259.08 96.75 Td (EC. ) Tj ET Q q 0 0 0 rg BT 277.03 96.75 Td (On ) Tj ET Q q 0 0 0 rg BT 291.93 96.75 Td (February ) Tj ET Q q 0 0 0 rg BT 330.71 96.75 Td (15, ) Tj ET Q q 0 0 0 rg BT 345.89 96.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 371.06 96.75 Td (we ) Tj ET Q q 0 0 0 rg BT 385.40 96.75 Td (have, ) Tj ET Q q 0 0 0 rg BT 409.46 96.75 Td (together ) Tj ET Q q 0 0 0 rg BT 444.90 96.75 Td (with ) Tj ET Q q 0 0 0 rg BT 465.35 96.75 Td (our ) Tj ET Q q 0 0 0 rg BT 481.36 96.75 Td (shareholders, ) Tj ET Q q 0 0 0 rg BT 537.07 96.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 558.08 96.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 84.75 Td (request ) Tj ET Q q 0 0 0 rg BT 80.88 84.75 Td (to ) Tj ET Q q 0 0 0 rg BT 91.16 84.75 Td (intervene ) Tj ET Q q 0 0 0 rg BT 130.86 84.75 Td (in ) Tj ET Q q 0 0 0 rg BT 141.14 84.75 Td (these ) Tj ET Q q 0 0 0 rg BT 164.18 84.75 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 215.00 84.75 Td (with ) Tj ET Q q 0 0 0 rg BT 235.28 84.75 Td (the ) Tj ET Q q 0 0 0 rg BT 249.99 84.75 Td (General ) Tj ET Q q 0 0 0 rg BT 284.14 84.75 Td (Court.) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (On ) Tj ET Q q 0 0 0 rg BT 83.21 713.10 Td (June ) Tj ET Q q 0 0 0 rg BT 105.02 713.10 Td (12, ) Tj ET Q q 0 0 0 rg BT 121.00 713.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 146.99 713.10 Td (KPN ) Tj ET Q q 0 0 0 rg BT 170.48 713.10 Td (lodged ) Tj ET Q q 0 0 0 rg BT 201.18 713.10 Td (an ) Tj ET Q q 0 0 0 rg BT 214.10 713.10 Td (appeal ) Tj ET Q q 0 0 0 rg BT 243.68 713.10 Td (with ) Tj ET Q q 0 0 0 rg BT 264.94 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.64 713.10 Td (General ) Tj ET Q q 0 0 0 rg BT 315.77 713.10 Td (Court ) Tj ET Q q 0 0 0 rg BT 342.03 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 353.85 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 369.55 713.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 386.36 713.10 Td (against ) Tj ET Q q 0 0 0 rg BT 418.17 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.87 713.10 Td (EC's ) Tj ET Q q 0 0 0 rg BT 455.83 713.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 479.31 713.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 516.12 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 527.38 713.10 Td (clear ) Tj ET Q q 0 0 0 rg BT 550.29 713.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 701.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 114.18 701.10 Td (JV) Tj ET Q q 0 0 0 rg BT 125.12 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 127.77 701.10 Td (between ) Tj ET Q q 0 0 0 rg BT 163.55 701.10 Td (V) Tj ET Q q 0 0 0 rg BT 169.48 701.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 204.35 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 221.44 701.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 253.53 701.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 283.40 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 293.84 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.71 701.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 361.99 701.10 Td (This ) Tj ET Q q 0 0 0 rg BT 382.43 701.10 Td (appeal, ) Tj ET Q q 0 0 0 rg BT 413.68 701.10 Td (which ) Tj ET Q q 0 0 0 rg BT 440.77 701.10 Td (is ) Tj ET Q q 0 0 0 rg BT 450.10 701.10 Td (still ) Tj ET Q q 0 0 0 rg BT 467.76 701.10 Td (pending, ) Tj ET Q q 0 0 0 rg BT 505.13 701.10 Td (can ) Tj ET Q q 0 0 0 rg BT 521.67 701.10 Td (be ) Tj ET Q q 0 0 0 rg BT 533.76 701.10 Td (seen ) Tj ET Q q 0 0 0 rg BT 554.18 701.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.44 689.10 Td (strategic ) Tj ET Q q 0 0 0 rg BT 92.81 689.10 Td (follow ) Tj ET Q q 0 0 0 rg BT 121.42 689.10 Td (up ) Tj ET Q q 0 0 0 rg BT 133.92 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 144.20 689.10 Td (KPN) Tj ET Q q 0 0 0 rg BT 166.98 689.10 Td (s ) Tj ET Q q 0 0 0 rg BT 173.37 689.10 Td (first ) Tj ET Q q 0 0 0 rg BT 191.98 689.10 Td (appeal ) Tj ET Q q 0 0 0 rg BT 220.57 689.10 Td (against ) Tj ET Q q 0 0 0 rg BT 251.40 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 266.12 689.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 312.50 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 323.33 689.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 349.71 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 362.21 689.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 394.15 689.10 Td (Global.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 667.10 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 645.10 Td (On ) Tj ET Q q 0 0 0 rg BT 81.56 645.10 Td (April ) Tj ET Q q 0 0 0 rg BT 105.03 645.10 Td (10, ) Tj ET Q q 0 0 0 rg BT 119.88 645.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 144.74 645.10 Td (the ) Tj ET Q q 0 0 0 rg BT 159.32 645.10 Td (EC ) Tj ET Q q 0 0 0 rg BT 174.46 645.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 204.57 645.10 Td (out ) Tj ET Q q 0 0 0 rg BT 219.70 645.10 Td (inspections ) Tj ET Q q 0 0 0 rg BT 267.06 645.10 Td (at ) Tj ET Q q 0 0 0 rg BT 276.63 645.10 Td (several ) Tj ET Q q 0 0 0 rg BT 307.31 645.10 Td (media ) Tj ET Q q 0 0 0 rg BT 334.10 645.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 379.22 645.10 Td (in ) Tj ET Q q 0 0 0 rg BT 389.36 645.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 420.59 645.10 Td (including ) Tj ET Q q 0 0 0 rg BT 460.72 645.10 Td (our ) Tj ET Q q 0 0 0 rg BT 476.41 645.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 502.66 645.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 538.62 645.10 Td (Ziggo ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.10 Td (Sport. ) Tj ET Q q 0 0 0 rg BT 75.48 633.10 Td (The ) Tj ET Q q 0 0 0 rg BT 92.98 633.10 Td (investigation ) Tj ET Q q 0 0 0 rg BT 146.60 633.10 Td (is ) Tj ET Q q 0 0 0 rg BT 155.22 633.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 193.27 633.10 Td (ongoing. ) Tj ET Q q 0 0 0 rg BT 230.36 633.10 Td (T) Tj ET Q q 0 0 0 rg BT 235.77 633.10 Td (o ) Tj ET Q q 0 0 0 rg BT 242.73 633.10 Td (date, ) Tj ET Q q 0 0 0 rg BT 263.84 633.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 289.68 633.10 Td (Sport ) Tj ET Q q 0 0 0 rg BT 313.30 633.10 Td (has ) Tj ET Q q 0 0 0 rg BT 328.59 633.10 Td (not ) Tj ET Q q 0 0 0 rg BT 343.32 633.10 Td (received ) Tj ET Q q 0 0 0 rg BT 379.14 633.10 Td (a ) Tj ET Q q 0 0 0 rg BT 385.53 633.10 Td (Statement ) Tj ET Q q 0 0 0 rg BT 427.48 633.10 Td (of ) Tj ET Q q 0 0 0 rg BT 437.76 633.10 Td (Objections, ) Tj ET Q q 0 0 0 rg BT 485.54 633.10 Td (setting ) Tj ET Q q 0 0 0 rg BT 514.16 633.10 Td (out ) Tj ET Q q 0 0 0 rg BT 528.89 633.10 Td (the ) Tj ET Q q 0 0 0 rg BT 543.06 633.10 Td (EC) Tj ET Q q 0 0 0 rg BT 558.62 633.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 84.78 621.10 Td (concerns.) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 597.10 Td (Legal ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 75.89 597.10 Td (Pr) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 86.25 597.10 Td (oceedings) Tj ET Q BT /F1 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 67.50 575.10 Td (From ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 91.29 575.10 Td (time ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 111.18 575.10 Td (to ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 121.08 575.10 Td (time, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 143.47 575.10 Td (we ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 157.25 575.10 Td (may ) Tj ET Q q 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0.12156862745098039 0.12549019607843137 rg BT 338.43 563.10 Td (contingencies ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 396.26 563.10 Td (would ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 424.11 563.10 Td (not ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 439.74 563.10 Td (likely ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 465.36 563.10 Td (have ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 487.08 563.10 Td (a ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 494.37 563.10 Td (material ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 529.98 563.10 Td (adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 551.10 Td (ef) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 57.09 551.10 Td (fect ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 74.57 551.10 Td (on ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 87.07 551.10 Td (our ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 102.90 551.10 Td (business, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 141.79 551.10 Td (results ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 170.40 551.10 Td (of ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 181.23 551.10 Td (operations, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 227.89 551.10 Td (financial ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 265.37 551.10 Td (condition ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 305.64 551.10 Td (or ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 316.47 551.10 Td (liquidity) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 349.71 551.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 49.50 529.10 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 67.50 507.10 Td (As ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 81.33 507.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 92.37 507.10 Td (December31, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 151.17 507.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 171.17 507.10 Td (, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 176.38 507.10 Td (we, ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 193.26 507.10 Td (includ) 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 218.25 507.10 Td (ing ) Tj ET Q q 0 0 0 rg BT 233.74 507.10 Td (our ) Tj ET Q q 0 0 0 rg BT 249.79 507.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 303.04 507.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 355.47 507.10 Td (have ) Tj ET Q q 0 0 0 rg BT 377.07 507.10 Td (an ) Tj ET Q q 0 0 0 rg BT 389.22 507.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 430.79 507.10 Td (of ) Tj ET Q q 0 0 0 rg BT 441.84 507.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 502.31 507.10 Td (6,300 ) Tj ET Q q 0 0 0 rg BT 527.52 507.10 Td (full-time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 92.82 495.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 139.75 495.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 168.62 495.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.61 495.10 Td (whom ) Tj ET Q q 0 0 0 rg BT 205.28 495.10 Td (belong ) Tj ET Q q 0 0 0 rg BT 234.16 495.10 Td (to ) Tj ET Q q 0 0 0 rg BT 243.61 495.10 Td (or) Tj ET Q q 0 0 0 rg BT 251.76 495.10 Td (ganized ) Tj ET Q q 0 0 0 rg BT 284.52 495.10 Td (unions ) Tj ET Q q 0 0 0 rg BT 312.85 495.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.96 495.10 Td (works ) Tj ET Q q 0 0 0 rg BT 355.07 495.10 Td (councils. ) Tj ET Q q 0 0 0 rg BT 392.56 495.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 423.66 495.10 Td (of ) Tj ET Q q 0 0 0 rg BT 433.66 495.10 Td (our ) Tj ET Q q 0 0 0 rg BT 448.65 495.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 497.54 495.10 Td (also ) Tj ET Q q 0 0 0 rg BT 515.31 495.10 Td (use ) Tj ET Q q 0 0 0 rg BT 530.31 495.10 Td (contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.18 483.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 109.52 483.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 157.02 483.10 Td (which ) Tj ET Q q 0 0 0 rg BT 183.71 483.10 Td (are ) Tj ET Q q 0 0 0 rg BT 198.15 483.10 Td (not ) Tj ET Q q 0 0 0 rg BT 213.18 483.10 Td (included ) Tj ET Q q 0 0 0 rg BT 249.85 483.10 Td (in ) Tj ET Q q 0 0 0 rg BT 259.87 483.10 Td (this ) Tj ET Q q 0 0 0 rg BT 276.56 483.10 Td (number) Tj ET Q q 0 0 0 rg BT 306.71 483.10 Td (, ) Tj ET Q q 0 0 0 rg BT 311.45 483.10 Td (for ) Tj ET Q q 0 0 0 rg BT 325.36 483.10 Td (various ) Tj ET Q q 0 0 0 rg BT 357.04 483.10 Td (projects. ) Tj ET Q q 0 0 0 rg BT 393.27 483.10 Td (W) Tj ET Q q 0 0 0 rg BT 401.91 483.10 Td (e ) Tj ET Q q 0 0 0 rg BT 408.59 483.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 439.71 483.10 Td (that ) Tj ET Q q 0 0 0 rg BT 456.94 483.10 Td (our ) Tj ET Q q 0 0 0 rg BT 472.52 483.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 513.63 483.10 Td (relations ) Tj ET Q q 0 0 0 rg BT 550.31 483.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (good.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.10 449.10 Td (MANAGEMENT) Tj ET Q q 0 0 0 rg BT 294.47 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 296.42 449.10 Td (AND GOVERNANCE) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 425.10 Td (Management and Supervisory Directors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 403.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 403.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 130.94 403.10 Td (is ) Tj ET Q q 0 0 0 rg BT 139.03 403.10 Td (managed ) Tj ET Q q 0 0 0 rg BT 176.55 403.10 Td (by ) Tj ET Q q 0 0 0 rg BT 187.96 403.10 Td (its ) Tj ET Q q 0 0 0 rg BT 198.83 403.10 Td (Managing ) Tj ET Q q 0 0 0 rg BT 240.80 403.10 Td (Directors. ) Tj ET Q q 0 0 0 rg BT 281.82 403.10 Td (The ) Tj ET Q q 0 0 0 rg BT 298.78 403.10 Td (Managing ) Tj ET Q q 0 0 0 rg BT 340.75 403.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 379.38 403.10 Td (are ) Tj ET Q q 0 0 0 rg BT 393.00 403.10 Td (responsible ) Tj ET Q q 0 0 0 rg BT 439.97 403.10 Td (for ) Tj ET Q q 0 0 0 rg BT 453.04 403.10 Td (the ) Tj ET Q q 0 0 0 rg BT 466.68 403.10 Td (day-to-day ) Tj ET Q q 0 0 0 rg BT 511.41 403.10 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.99 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.37 391.10 Td (business ) Tj ET Q q 0 0 0 rg BT 110.43 391.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 129.53 391.10 Td (among ) Tj ET Q q 0 0 0 rg BT 158.91 391.10 Td (other ) Tj ET Q q 0 0 0 rg BT 181.62 391.10 Td (things, ) Tj ET Q q 0 0 0 rg BT 210.73 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.11 391.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 255.04 391.10 Td (supervision ) Tj ET Q q 0 0 0 rg BT 303.31 391.10 Td (and ) Tj ET Q q 0 0 0 rg BT 319.91 391.10 Td (administration ) Tj ET Q q 0 0 0 rg BT 379.84 391.10 Td (of ) Tj ET Q q 0 0 0 rg BT 390.33 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 404.71 391.10 Td (business ) Tj ET Q q 0 0 0 rg BT 440.77 391.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 481.53 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.91 391.10 Td (appointment ) Tj ET Q q 0 0 0 rg BT 548.06 391.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.10 Td (removal ) Tj ET Q q 0 0 0 rg BT 85.46 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.99 379.10 Td (executive ) Tj ET Q q 0 0 0 rg BT 138.50 379.10 Td (of) Tj ET Q q 0 0 0 rg BT 146.65 379.10 Td (ficers, ) Tj ET Q q 0 0 0 rg BT 174.55 379.10 Td (and ) Tj ET Q q 0 0 0 rg BT 192.19 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 207.61 379.10 Td (review ) Tj ET Q q 0 0 0 rg BT 238.01 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.54 379.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 287.72 379.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 333.13 379.10 Td (for ) Tj ET Q q 0 0 0 rg BT 347.76 379.10 Td (V) Tj ET Q q 0 0 0 rg BT 353.69 379.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 412.98 379.10 Td (and ) Tj ET Q q 0 0 0 rg BT 430.62 379.10 Td (its ) Tj ET Q q 0 0 0 rg BT 443.26 379.10 Td (af) Tj ET Q q 0 0 0 rg BT 450.85 379.10 Td (filiates. ) Tj ET Q q 0 0 0 rg BT 483.76 379.10 Td (Responsibilities ) Tj ET Q q 0 0 0 rg BT 550.85 379.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 93.66 367.10 Td (are ) Tj ET Q q 0 0 0 rg BT 108.36 367.10 Td (delegated ) Tj ET Q q 0 0 0 rg BT 149.17 367.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.45 367.10 Td (members ) Tj ET Q q 0 0 0 rg BT 198.61 367.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.44 367.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 236.38 367.10 Td (management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 345.10 Td (The Managing Directors of ) Tj ET Q q 0 0 0 rg BT 178.95 345.10 Td (V) Tj ET Q q 0 0 0 rg BT 184.88 345.10 Td (odafoneZiggo consists of Jeroen Hoencamp as CEO and Ritchy Drost as CFO. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 321.10 Td (Jer) Tj ET Q q 0 0 0 rg BT 81.20 321.10 Td (oen ) Tj ET Q q 0 0 0 rg BT 99.42 321.10 Td (Hoencamp) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.53 321.10 Td ( ) Tj ET Q q 0 0 0 rg BT 148.75 321.10 Td (was ) Tj ET Q q 0 0 0 rg BT 167.53 321.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 210.19 321.10 Td (CEO ) Tj ET Q q 0 0 0 rg BT 233.41 321.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.73 321.10 Td (V) Tj ET Q q 0 0 0 rg BT 250.66 321.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 286.10 321.10 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.05 321.10 Td ( ) Tj ET Q q 0 0 0 rg BT 302.28 321.10 Td (on ) Tj ET Q q 0 0 0 rg BT 315.50 321.10 Td (September ) Tj ET Q q 0 0 0 rg BT 361.49 321.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 372.21 321.10 Td (2016. ) Tj ET Q q 0 0 0 rg BT 397.23 321.10 Td (A) Tj ET Q q 0 0 0 rg BT 403.90 321.10 Td ( ) Tj ET Q q 0 0 0 rg BT 407.12 321.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 434.78 321.10 Td (citizen, ) Tj ET Q q 0 0 0 rg BT 467.16 321.10 Td (he ) Tj ET Q q 0 0 0 rg BT 479.82 321.10 Td (led ) Tj ET Q q 0 0 0 rg BT 495.03 321.10 Td (V) Tj ET Q q 0 0 0 rg BT 500.96 321.10 Td (odafone) Tj ET Q q 0 0 0 rg BT 535.95 321.10 Td (s ) Tj ET Q q 0 0 0 rg BT 543.06 321.10 Td (U.K. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.10 Td (business ) Tj ET Q q 0 0 0 rg BT 86.00 309.10 Td (as ) Tj ET Q q 0 0 0 rg BT 96.94 309.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 121.77 309.10 Td (Executive ) Tj ET Q q 0 0 0 rg BT 164.35 309.10 Td (from ) Tj ET Q q 0 0 0 rg BT 186.40 309.10 Td (September ) Tj ET Q q 0 0 0 rg BT 231.77 309.10 Td (2013 ) Tj ET Q q 0 0 0 rg BT 254.38 309.10 Td (to ) Tj ET Q q 0 0 0 rg BT 264.77 309.10 Td (September ) Tj ET Q q 0 0 0 rg BT 310.14 309.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 332.75 309.10 Td (and ) Tj ET Q q 0 0 0 rg BT 349.80 309.10 Td (was ) Tj ET Q q 0 0 0 rg BT 367.96 309.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 412.79 309.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 437.61 309.10 Td (Executive ) Tj ET Q q 0 0 0 rg BT 480.20 309.10 Td (of ) Tj ET Q q 0 0 0 rg BT 490.95 309.10 Td (V) Tj ET Q q 0 0 0 rg BT 496.88 309.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 531.70 309.10 Td (Ireland. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.10 Td (Before ) Tj ET Q q 0 0 0 rg BT 78.32 297.10 Td (that, ) Tj ET Q q 0 0 0 rg BT 97.43 297.10 Td (he ) Tj ET Q q 0 0 0 rg BT 108.49 297.10 Td (spent ) Tj ET Q q 0 0 0 rg BT 131.21 297.10 Td (12 ) Tj ET Q q 0 0 0 rg BT 142.83 297.10 Td (years ) Tj ET Q q 0 0 0 rg BT 165.54 297.10 Td (in ) Tj ET Q q 0 0 0 rg BT 174.94 297.10 Td (a ) Tj ET Q q 0 0 0 rg BT 180.99 297.10 Td (number ) Tj ET Q q 0 0 0 rg BT 213.16 297.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.10 297.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 249.16 297.10 Td (executive ) Tj ET Q q 0 0 0 rg BT 289.08 297.10 Td (roles ) Tj ET Q q 0 0 0 rg BT 310.14 297.10 Td (\(including ) Tj ET Q q 0 0 0 rg BT 352.86 297.10 Td (Sales ) Tj ET Q q 0 0 0 rg BT 375.58 297.10 Td (Director ) Tj ET Q q 0 0 0 rg BT 410.52 297.10 Td (and ) Tj ET Q q 0 0 0 rg BT 426.57 297.10 Td (Enterprise ) Tj ET Q q 0 0 0 rg BT 469.28 297.10 Td (Business ) Tj ET Q q 0 0 0 rg BT 506.46 297.10 Td (Unit ) Tj ET Q q 0 0 0 rg BT 525.85 297.10 Td (Director\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.48 285.10 Td (V) Tj ET Q q 0 0 0 rg BT 75.41 285.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 110.00 285.10 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.33 285.10 Td (. ) Tj ET Q q 0 0 0 rg BT 128.20 285.10 Td (Earlier ) Tj ET Q q 0 0 0 rg BT 157.78 285.10 Td (in ) Tj ET Q q 0 0 0 rg BT 167.93 285.10 Td (his ) Tj ET Q q 0 0 0 rg BT 181.98 285.10 Td (career ) Tj ET Q q 0 0 0 rg BT 208.77 285.10 Td (he ) Tj ET Q q 0 0 0 rg BT 220.58 285.10 Td (worked ) Tj ET Q q 0 0 0 rg BT 252.95 285.10 Td (in ) Tj ET Q q 0 0 0 rg BT 263.10 285.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 289.92 285.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 332.83 285.10 Td (and ) Tj ET Q q 0 0 0 rg BT 349.65 285.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 371.46 285.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 409.96 285.10 Td (with ) Tj ET Q q 0 0 0 rg BT 430.11 285.10 Td (Canon ) Tj ET Q q 0 0 0 rg BT 458.59 285.10 Td (Southern ) Tj ET Q q 0 0 0 rg BT 497.08 285.10 Td (Copy ) Tj ET Q q 0 0 0 rg BT 521.12 285.10 Td (Machines, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.10 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 67.82 273.10 Td (in ) Tj ET Q q 0 0 0 rg BT 78.65 273.10 Td (the ) Tj ET Q q 0 0 0 rg BT 93.92 273.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 114.76 273.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.03 273.10 Td (Thorn ) Tj ET Q q 0 0 0 rg BT 159.52 273.10 Td (EMI/Skala ) Tj ET Q q 0 0 0 rg BT 205.90 273.10 Td (Home ) Tj ET Q q 0 0 0 rg BT 233.39 273.10 Td (Electronics ) Tj ET Q q 0 0 0 rg BT 281.43 273.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.26 273.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.53 273.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 361.40 273.10 Td (He ) Tj ET Q q 0 0 0 rg BT 376.11 273.10 Td (is ) Tj ET Q q 0 0 0 rg BT 385.83 273.10 Td (a ) Tj ET Q q 0 0 0 rg BT 393.32 273.10 Td (former ) Tj ET Q q 0 0 0 rg BT 423.58 273.10 Td (of) Tj ET Q q 0 0 0 rg BT 431.73 273.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 453.10 273.10 Td (in ) Tj ET Q q 0 0 0 rg BT 463.93 273.10 Td (the ) Tj ET Q q 0 0 0 rg BT 479.20 273.10 Td (Royal ) Tj ET Q q 0 0 0 rg BT 506.14 273.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 533.64 273.10 Td (Marine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.10 Td (Corps. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 237.10 Td (Ritchy ) Tj ET Q q 0 0 0 rg BT 97.57 237.10 Td (Dr) Tj ET Q q 0 0 0 rg BT 109.05 237.10 Td (ost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.28 237.10 Td ( ) Tj ET Q q 0 0 0 rg BT 123.02 237.10 Td (was ) Tj ET Q q 0 0 0 rg BT 140.32 237.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 181.50 237.10 Td (CFO ) Tj ET Q q 0 0 0 rg BT 202.69 237.10 Td (and ) Tj ET Q q 0 0 0 rg BT 218.88 237.10 Td (member ) Tj ET Q q 0 0 0 rg BT 253.38 237.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.46 237.10 Td (the ) Tj ET Q q 0 0 0 rg BT 277.42 237.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 331.37 237.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 357.55 237.10 Td (of ) Tj ET Q q 0 0 0 rg BT 367.63 237.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 393.26 237.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 420.55 237.10 Td (Holding, ) Tj ET Q q 0 0 0 rg BT 457.58 237.10 Td (in ) Tj ET Q q 0 0 0 rg BT 467.10 237.10 Td (September ) Tj ET Q q 0 0 0 rg BT 511.61 237.10 Td (2015. ) Tj ET Q q 0 0 0 rg BT 535.85 237.10 Td (Ritchy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.10 Td (Drost ) Tj ET Q q 0 0 0 rg BT 74.52 225.10 Td (was ) Tj ET Q q 0 0 0 rg BT 92.87 225.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 135.10 225.10 Td (CFO, ) Tj ET Q q 0 0 0 rg BT 159.85 225.10 Td (European ) Tj ET Q q 0 0 0 rg BT 200.96 225.10 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 247.63 225.10 Td (Operations, ) Tj ET Q q 0 0 0 rg BT 296.81 225.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.93 225.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 340.17 225.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 370.18 225.10 Td (in ) Tj ET Q q 0 0 0 rg BT 380.75 225.10 Td (January ) Tj ET Q q 0 0 0 rg BT 414.65 225.10 Td (2012. ) Tj ET Q q 0 0 0 rg BT 439.95 225.10 Td (Mr) Tj ET Q q 0 0 0 rg BT 451.62 225.10 Td (. ) Tj ET Q q 0 0 0 rg BT 456.91 225.10 Td (Drost ) Tj ET Q q 0 0 0 rg BT 481.93 225.10 Td (served ) Tj ET Q q 0 0 0 rg BT 510.83 225.10 Td (as ) Tj ET Q q 0 0 0 rg BT 521.95 225.10 Td (Managing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (Director ) Tj ET Q q 0 0 0 rg BT 86.26 213.10 Td (and ) Tj ET Q q 0 0 0 rg BT 104.15 213.10 Td (CFO ) Tj ET Q q 0 0 0 rg BT 127.05 213.10 Td (of ) Tj ET Q q 0 0 0 rg BT 138.83 213.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 166.16 213.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 203.48 213.10 Td (and ) Tj ET Q q 0 0 0 rg BT 221.37 213.10 Td (its ) Tj ET Q q 0 0 0 rg BT 234.27 213.10 Td (predecessors, ) Tj ET Q q 0 0 0 rg BT 291.30 213.10 Td (from ) Tj ET Q q 0 0 0 rg BT 314.19 213.10 Td (January ) Tj ET Q q 0 0 0 rg BT 348.73 213.10 Td (2006 ) Tj ET Q q 0 0 0 rg BT 372.18 213.10 Td (to ) Tj ET Q q 0 0 0 rg BT 383.41 213.10 Td (January ) Tj ET Q q 0 0 0 rg BT 417.95 213.10 Td (2012. ) Tj ET Q q 0 0 0 rg BT 443.90 213.10 Td (Prior ) Tj ET Q q 0 0 0 rg BT 467.35 213.10 Td (to ) Tj ET Q q 0 0 0 rg BT 478.57 213.10 Td (that, ) Tj ET Q q 0 0 0 rg BT 499.51 213.10 Td (he ) Tj ET Q q 0 0 0 rg BT 512.40 213.10 Td (held ) Tj ET Q q 0 0 0 rg BT 533.06 213.10 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.10 Td (management ) Tj ET Q q 0 0 0 rg BT 103.51 201.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 142.54 201.10 Td (after ) Tj ET Q q 0 0 0 rg BT 163.77 201.10 Td (joining ) Tj ET Q q 0 0 0 rg BT 195.03 201.10 Td (a ) Tj ET Q q 0 0 0 rg BT 202.38 201.10 Td (predecessor ) Tj ET Q q 0 0 0 rg BT 252.50 201.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.75 201.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 296.10 201.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 326.23 201.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 358.03 201.10 Td (in ) Tj ET Q q 0 0 0 rg BT 368.72 201.10 Td (November ) Tj ET Q q 0 0 0 rg BT 413.85 201.10 Td (1999. ) Tj ET Q q 0 0 0 rg BT 439.26 201.10 Td (Previously ) Tj ET Q q 0 0 0 rg BT 484.96 201.10 Td (he ) Tj ET Q q 0 0 0 rg BT 497.31 201.10 Td (was ) Tj ET Q q 0 0 0 rg BT 515.78 201.10 Td (with ) Tj ET Q q 0 0 0 rg BT 535.84 201.10 Td (Arthur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.10 Td (Andersen ) Tj ET Q q 0 0 0 rg BT 90.32 189.10 Td (LLP) Tj ET Q q 0 0 0 rg BT 107.73 189.10 Td ( ) Tj ET Q q 0 0 0 rg BT 110.23 189.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.51 189.10 Td (their ) Tj ET Q q 0 0 0 rg BT 141.33 189.10 Td (assurance ) Tj ET Q q 0 0 0 rg BT 182.70 189.10 Td (practice.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 167.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.63 167.10 Td (business ) Tj ET Q q 0 0 0 rg BT 122.10 167.10 Td (address ) Tj ET Q q 0 0 0 rg BT 154.67 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 165.59 167.10 Td (each ) Tj ET Q q 0 0 0 rg BT 186.48 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 197.40 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.20 167.10 Td (Managing ) Tj ET Q q 0 0 0 rg BT 255.32 167.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 295.11 167.10 Td (named ) Tj ET Q q 0 0 0 rg BT 324.35 167.10 Td (above ) Tj ET Q q 0 0 0 rg BT 350.81 167.10 Td (is ) Tj ET Q q 0 0 0 rg BT 360.06 167.10 Td (Boven ) Tj ET Q q 0 0 0 rg BT 388.56 167.10 Td (V) Tj ET Q q 0 0 0 rg BT 395.19 167.10 Td (redenbur) Tj ET Q q 0 0 0 rg BT 430.54 167.10 Td (gpassage ) Tj ET Q q 0 0 0 rg BT 469.22 167.10 Td (128, ) Tj ET Q q 0 0 0 rg BT 489.31 167.10 Td (351) Tj ET Q q 0 0 0 rg BT 503.93 167.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 511.33 167.10 Td (WR ) Tj ET Q q 0 0 0 rg BT 530.02 167.10 Td (Utrecht, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.61 155.10 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 118.10 155.10 Td (There ) Tj ET Q q 0 0 0 rg BT 144.31 155.10 Td (are ) Tj ET Q q 0 0 0 rg BT 159.40 155.10 Td (no ) Tj ET Q q 0 0 0 rg BT 172.29 155.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 210.17 155.10 Td (conflicts ) Tj ET Q q 0 0 0 rg BT 247.50 155.10 Td (of ) Tj ET Q q 0 0 0 rg BT 258.72 155.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 291.04 155.10 Td (between ) Tj ET Q q 0 0 0 rg BT 327.25 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.35 155.10 Td (duties ) Tj ET Q q 0 0 0 rg BT 369.13 155.10 Td (of ) Tj ET Q q 0 0 0 rg BT 380.35 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.45 155.10 Td (Managing ) Tj ET Q q 0 0 0 rg BT 438.89 155.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 478.99 155.10 Td (noted ) Tj ET Q q 0 0 0 rg BT 504.09 155.10 Td (above ) Tj ET Q q 0 0 0 rg BT 530.86 155.10 Td (towards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 143.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.53 143.10 Td ( ) Tj ET Q q 0 0 0 rg BT 114.03 143.10 Td (and ) Tj ET Q q 0 0 0 rg BT 130.96 143.10 Td (his ) Tj ET Q q 0 0 0 rg BT 145.13 143.10 Td (or ) Tj ET Q q 0 0 0 rg BT 155.96 143.10 Td (her ) Tj ET Q q 0 0 0 rg BT 171.23 143.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 207.61 143.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 243.44 143.10 Td (and ) Tj ET Q q 0 0 0 rg BT 260.37 143.10 Td (duties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 121.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.68 121.10 Td (Supervisory ) Tj ET Q q 0 0 0 rg BT 136.63 121.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 163.70 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.47 121.10 Td (V) Tj ET Q q 0 0 0 rg BT 180.40 121.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 239.12 121.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 273.42 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 284.38 121.10 Td (three ) Tj ET Q q 0 0 0 rg BT 306.99 121.10 Td (representatives ) Tj ET Q q 0 0 0 rg BT 369.59 121.10 Td (from ) Tj ET Q q 0 0 0 rg BT 391.66 121.10 Td (each ) Tj ET Q q 0 0 0 rg BT 412.60 121.10 Td (of ) Tj ET Q q 0 0 0 rg BT 423.56 121.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 455.63 121.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 485.47 121.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 527.52 121.10 Td (Diederik ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.10 Td (Karsten, ) Tj ET Q q 0 0 0 rg BT 85.47 109.10 Td (Baptiste ) Tj ET Q q 0 0 0 rg BT 120.62 109.10 Td (Coopmans, ) Tj ET Q q 0 0 0 rg BT 168.27 109.10 Td (Charlie ) Tj ET Q q 0 0 0 rg BT 200.07 109.10 Td (Bracken\), ) Tj ET Q q 0 0 0 rg BT 241.59 109.10 Td (and ) Tj ET Q q 0 0 0 rg BT 258.23 109.10 Td (V) Tj ET Q q 0 0 0 rg BT 264.16 109.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 298.74 109.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 340.54 109.10 Td (John ) Tj ET Q q 0 0 0 rg BT 361.80 109.10 Td (Otty) Tj ET Q q 0 0 0 rg BT 378.93 109.10 Td (, ) Tj ET Q q 0 0 0 rg BT 383.80 109.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 400.28 109.10 Td (gherita ) Tj ET Q q 0 0 0 rg BT 430.42 109.10 Td (Della ) Tj ET Q q 0 0 0 rg BT 454.27 109.10 Td (V) Tj ET Q q 0 0 0 rg BT 460.38 109.10 Td (alle, ) Tj ET Q q 0 0 0 rg BT 479.69 109.10 Td (Serpil ) Tj ET Q q 0 0 0 rg BT 505.78 109.10 Td (T) Tj ET Q q 0 0 0 rg BT 511.53 109.10 Td (imuray\), ) Tj ET Q q 0 0 0 rg BT 548.06 109.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.10 Td (two ) Tj ET Q q 0 0 0 rg BT 66.14 97.10 Td (members ) Tj ET Q q 0 0 0 rg BT 104.44 97.10 Td (nominated ) Tj ET Q q 0 0 0 rg BT 148.30 97.10 Td (by ) Tj ET Q q 0 0 0 rg BT 159.95 97.10 Td (the ) Tj ET Q q 0 0 0 rg BT 173.81 97.10 Td (former ) Tj ET Q q 0 0 0 rg BT 202.54 97.10 Td (W) Tj ET Q q 0 0 0 rg BT 211.18 97.10 Td (orks ) Tj ET Q q 0 0 0 rg BT 230.04 97.10 Td (Councils ) Tj ET Q q 0 0 0 rg BT 267.24 97.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.10 97.10 Td (V) Tj ET Q q 0 0 0 rg BT 283.03 97.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 316.88 97.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 357.95 97.10 Td (Carla ) Tj ET Q q 0 0 0 rg BT 381.25 97.10 Td (Mahieu\) ) Tj ET Q q 0 0 0 rg BT 416.77 97.10 Td (and ) Tj ET Q q 0 0 0 rg BT 432.86 97.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 458.39 97.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 499.46 97.10 Td (Huub ) Tj ET Q q 0 0 0 rg BT 523.20 97.10 Td (W) Tj ET Q q 0 0 0 rg BT 532.24 97.10 Td (illems\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.51 85.10 Td (composition ) Tj ET Q q 0 0 0 rg BT 119.42 85.10 Td (of ) Tj ET Q q 0 0 0 rg BT 130.22 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 144.91 85.10 Td (Supervisory ) Tj ET Q q 0 0 0 rg BT 195.70 85.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 222.61 85.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 258.39 85.10 Td (during ) Tj ET Q q 0 0 0 rg BT 286.97 85.10 Td (2018: ) Tj ET Q q 0 0 0 rg BT 312.21 85.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 324.12 85.10 Td (on ) Tj ET Q q 0 0 0 rg BT 336.59 85.10 Td (June ) Tj ET Q q 0 0 0 rg BT 357.38 85.10 Td (29, ) Tj ET Q q 0 0 0 rg BT 372.35 85.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 397.32 85.10 Td (Nick ) Tj ET Q q 0 0 0 rg BT 419.22 85.10 Td (Read ) Tj ET Q q 0 0 0 rg BT 442.24 85.10 Td (and ) Tj ET Q q 0 0 0 rg BT 458.97 85.10 Td (W) Tj ET Q q 0 0 0 rg BT 467.60 85.10 Td (arren ) Tj ET Q q 0 0 0 rg BT 490.61 85.10 Td (Finegold ) Tj ET Q q 0 0 0 rg BT 528.63 85.10 Td (resigned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.28 73.10 Td (Supervisory ) Tj ET Q q 0 0 0 rg BT 111.06 73.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 150.72 73.10 Td (and ) Tj ET Q q 0 0 0 rg BT 167.61 73.10 Td (John ) Tj ET Q q 0 0 0 rg BT 188.95 73.10 Td (Otty ) Tj ET Q q 0 0 0 rg BT 209.18 73.10 Td (and ) Tj ET Q q 0 0 0 rg BT 226.07 73.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 242.55 73.10 Td (gherita ) Tj ET Q q 0 0 0 rg BT 272.77 73.10 Td (Della ) Tj ET Q q 0 0 0 rg BT 296.70 73.10 Td (V) Tj ET Q q 0 0 0 rg BT 302.81 73.10 Td (alle ) Tj ET Q q 0 0 0 rg BT 319.69 73.10 Td (were ) Tj ET Q q 0 0 0 rg BT 341.57 73.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 383.46 73.10 Td (as ) Tj ET Q q 0 0 0 rg BT 394.24 73.10 Td (their ) Tj ET Q q 0 0 0 rg BT 415.02 73.10 Td (successors; ) Tj ET Q q 0 0 0 rg BT 462.46 73.10 Td (and ) Tj ET Q q 0 0 0 rg BT 479.35 73.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 494.02 73.10 Td (on ) Tj ET Q q 0 0 0 rg BT 506.47 73.10 Td (December ) Tj ET Q q 0 0 0 rg BT 550.00 73.10 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 74.29 61.10 Td (Ahmed ) Tj ET Q q 0 0 0 rg BT 106.66 61.10 Td (Essam ) Tj ET Q q 0 0 0 rg BT 135.70 61.10 Td (resigned ) Tj ET Q q 0 0 0 rg BT 172.51 61.10 Td (as ) Tj ET Q q 0 0 0 rg BT 183.78 61.10 Td (Supervisory ) Tj ET Q q 0 0 0 rg BT 235.04 61.10 Td (Director ) Tj ET Q q 0 0 0 rg BT 271.29 61.10 Td (and ) Tj ET Q q 0 0 0 rg BT 288.67 61.10 Td (Serpil ) Tj ET Q q 0 0 0 rg BT 315.28 61.10 Td (T) Tj ET Q q 0 0 0 rg BT 321.03 61.10 Td (imuray ) Tj ET Q q 0 0 0 rg BT 352.29 61.10 Td (was ) Tj ET Q q 0 0 0 rg BT 370.78 61.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 413.15 61.10 Td (as ) Tj ET Q q 0 0 0 rg BT 424.41 61.10 Td (his ) Tj ET Q q 0 0 0 rg BT 439.02 61.10 Td (successor) Tj ET Q q 0 0 0 rg BT 476.79 61.10 Td (. ) Tj ET Q q 0 0 0 rg BT 482.22 61.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 514.59 61.10 Td (matters ) Tj ET Q q 0 0 0 rg BT 546.96 61.10 Td (will ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 21.60 Td (I-20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (require ) Tj ET Q q 0 0 0 rg BT 81.01 713.10 Td (approval ) Tj ET Q q 0 0 0 rg BT 119.19 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 130.71 713.10 Td (both ) Tj ET Q q 0 0 0 rg BT 151.68 713.10 Td (companies) Tj ET Q q 0 0 0 rg BT 197.03 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.22 713.10 Td (representatives. ) Tj ET Q q 0 0 0 rg BT 265.65 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 284.39 713.10 Td (post ) Tj ET Q q 0 0 0 rg BT 304.26 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.78 713.10 Td (Chairman ) Tj ET Q q 0 0 0 rg BT 358.40 713.10 Td (will ) Tj ET Q q 0 0 0 rg BT 377.15 713.10 Td (be ) Tj ET Q q 0 0 0 rg BT 389.78 713.10 Td (held ) Tj ET Q q 0 0 0 rg BT 410.19 713.10 Td (for ) Tj ET Q q 0 0 0 rg BT 425.05 713.10 Td (alternating ) Tj ET Q q 0 0 0 rg BT 471.00 713.10 Td (12month ) Tj ET Q q 0 0 0 rg BT 512.25 713.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 544.88 713.10 Td (by ) Tj ET Q q 0 0 0 rg BT 558.07 713.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 81.43 701.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 111.15 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 121.80 701.10 Td (V) Tj ET Q q 0 0 0 rg BT 127.73 701.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 162.44 701.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 204.37 701.10 Td (director) Tj ET Q q 0 0 0 rg BT 235.07 701.10 Td (, ) Tj ET Q q 0 0 0 rg BT 240.07 701.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 278.66 701.10 Td (Diederik ) Tj ET Q q 0 0 0 rg BT 316.15 701.10 Td (Karsten ) Tj ET Q q 0 0 0 rg BT 349.74 701.10 Td (\(Ahmed ) Tj ET Q q 0 0 0 rg BT 385.01 701.10 Td (Essam ) Tj ET Q q 0 0 0 rg BT 413.62 701.10 Td (until ) Tj ET Q q 0 0 0 rg BT 434.46 701.10 Td (December ) Tj ET Q q 0 0 0 rg BT 478.04 701.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 493.04 701.10 Td (2018\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.90 667.10 Td (PRINCIP) Tj ET Q q 0 0 0 rg BT 276.82 667.10 Td (AL) Tj ET Q q 0 0 0 rg BT 290.16 667.10 Td ( SHAREHOLDERS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 645.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 645.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 129.53 645.10 Td ( ) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 131.77 645.10 Td (is ) 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 140.69 645.10 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 200.70 645.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.79 645.10 Td (V) Tj ET Q q 0 0 0 rg BT 218.72 645.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 277.06 645.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 304.86 645.10 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.64 645.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.22 645.10 Td (V) Tj ET Q q 0 0 0 rg BT 348.15 645.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 406.49 645.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 434.29 645.10 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.07 645.10 Td ( ) Tj ET Q q 0 0 0 rg BT 469.31 645.10 Td (is ) Tj ET Q q 0 0 0 rg BT 478.23 645.10 Td (a ) Tj ET Q q 0 0 0 rg BT 484.92 645.10 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 509.94 645.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 530.52 645.10 Td (venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.10 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.22 633.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 111.15 633.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.37 633.10 Td ( ) Tj ET Q q 0 0 0 rg BT 140.87 633.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.63 633.10 Td (V) Tj ET Q q 0 0 0 rg BT 163.56 633.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.76 633.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 611.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 100.07 611.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 130.42 611.10 Td (is ) Tj ET Q q 0 0 0 rg BT 140.23 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.59 611.10 Td (world) Tj ET Q q 0 0 0 rg BT 181.69 611.10 Td (s ) Tj ET Q q 0 0 0 rg BT 188.72 611.10 Td (lar) Tj ET Q q 0 0 0 rg BT 199.09 611.10 Td (gest ) Tj ET Q q 0 0 0 rg BT 218.33 611.10 Td (international ) Tj ET Q q 0 0 0 rg BT 271.78 611.10 Td (TV) Tj ET Q q 0 0 0 rg BT 284.93 611.10 Td ( ) Tj ET Q q 0 0 0 rg BT 288.07 611.10 Td (and ) Tj ET Q q 0 0 0 rg BT 305.65 611.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 350.99 611.10 Td (company) Tj ET Q q 0 0 0 rg BT 387.00 611.10 Td (, ) Tj ET Q q 0 0 0 rg BT 392.63 611.10 Td (with ) Tj ET Q q 0 0 0 rg BT 413.55 611.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 458.34 611.10 Td (in ) Tj ET Q q 0 0 0 rg BT 469.26 611.10 Td (10 ) Tj ET Q q 0 0 0 rg BT 482.39 611.10 Td (European ) Tj ET Q q 0 0 0 rg BT 523.85 611.10 Td (countries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (under ) Tj ET Q q 0 0 0 rg BT 76.03 599.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.00 599.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 134.63 599.10 Td (brands ) Tj ET Q q 0 0 0 rg BT 164.78 599.10 Td (V) Tj ET Q q 0 0 0 rg BT 171.40 599.10 Td (ir) Tj ET Q q 0 0 0 rg BT 177.33 599.10 Td (gin ) Tj ET Q q 0 0 0 rg BT 193.86 599.10 Td (Media, ) Tj ET Q q 0 0 0 rg BT 225.67 599.10 Td (Unitymedia, ) Tj ET Q q 0 0 0 rg BT 278.86 599.10 Td (T) Tj ET Q q 0 0 0 rg BT 284.27 599.10 Td (elenet, ) Tj ET Q q 0 0 0 rg BT 314.40 599.10 Td (and ) Tj ET Q q 0 0 0 rg BT 332.60 599.10 Td (UPC. ) Tj ET Q q 0 0 0 rg BT 358.31 599.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 391.50 599.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 422.47 599.10 Td (develops ) Tj ET Q q 0 0 0 rg BT 461.78 599.10 Td (market-leading ) Tj ET Q q 0 0 0 rg BT 526.06 599.10 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (delivered ) Tj ET Q q 0 0 0 rg BT 89.06 587.10 Td (through ) Tj ET Q q 0 0 0 rg BT 122.53 587.10 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 187.63 587.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 226.65 587.10 Td (that ) Tj ET Q q 0 0 0 rg BT 244.00 587.10 Td (connect ) Tj ET Q q 0 0 0 rg BT 277.45 587.10 Td (21 ) Tj ET Q q 0 0 0 rg BT 289.81 587.10 Td (million ) Tj ET Q q 0 0 0 rg BT 321.06 587.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 363.96 587.10 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 412.43 587.10 Td (to ) Tj ET Q q 0 0 0 rg BT 422.57 587.10 Td (45 ) Tj ET Q q 0 0 0 rg BT 434.92 587.10 Td (million ) Tj ET Q q 0 0 0 rg BT 466.00 587.10 Td (TV) Tj ET Q q 0 0 0 rg BT 478.04 587.10 Td (, ) Tj ET Q q 0 0 0 rg BT 482.90 587.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 527.46 587.10 Td (internet, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.40 575.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 108.30 575.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 145.47 575.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 177.37 575.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 207.05 575.10 Td (also ) Tj ET Q q 0 0 0 rg BT 225.63 575.10 Td (serve ) Tj ET Q q 0 0 0 rg BT 249.19 575.10 Td (6 ) Tj ET Q q 0 0 0 rg BT 256.66 575.10 Td (million ) Tj ET Q q 0 0 0 rg BT 288.01 575.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 318.25 575.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 365.71 575.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.61 575.10 Td (of) Tj ET Q q 0 0 0 rg BT 390.76 575.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 404.14 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 413.18 575.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 426.76 575.10 Td (service ) Tj ET Q q 0 0 0 rg BT 457.54 575.10 Td (through ) Tj ET Q q 0 0 0 rg BT 491.12 575.10 Td (12million ) Tj ET Q q 0 0 0 rg BT 534.97 575.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (points ) Tj ET Q q 0 0 0 rg BT 75.69 563.10 Td (across ) Tj ET Q q 0 0 0 rg BT 102.43 563.10 Td (its ) Tj ET Q q 0 0 0 rg BT 113.62 563.10 Td (footprint ) Tj ET Q q 0 0 0 rg BT 150.36 563.10 Td (\(includes ) Tj ET Q q 0 0 0 rg BT 188.76 563.10 Td (both ) Tj ET Q q 0 0 0 rg BT 208.28 563.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.24 563.10 Td (continuing ) Tj ET Q q 0 0 0 rg BT 266.76 563.10 Td (and ) Tj ET Q q 0 0 0 rg BT 282.95 563.10 Td (discontinued ) Tj ET Q q 0 0 0 rg BT 335.79 563.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 379.19 563.10 Td (as ) Tj ET Q q 0 0 0 rg BT 389.27 563.10 Td (of ) Tj ET Q q 0 0 0 rg BT 399.34 563.10 Td (December ) Tj ET Q q 0 0 0 rg BT 442.17 563.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 456.42 563.10 Td (2018\). ) Tj ET Q q 0 0 0 rg BT 483.99 563.10 Td (In ) Tj ET Q q 0 0 0 rg BT 494.07 563.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 531.08 563.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.44 551.10 Td (owns ) Tj ET Q q 0 0 0 rg BT 103.27 551.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 148.21 551.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 198.70 551.10 Td (in ) Tj ET Q q 0 0 0 rg BT 209.20 551.10 Td (ITV) Tj ET Q q 0 0 0 rg BT 224.57 551.10 Td (, ) Tj ET Q q 0 0 0 rg BT 229.19 551.10 Td (All3Media, ) Tj ET Q q 0 0 0 rg BT 277.74 551.10 Td (ITI ) Tj ET Q q 0 0 0 rg BT 293.23 551.10 Td (Neovision, ) Tj ET Q q 0 0 0 rg BT 339.56 551.10 Td (Casa ) Tj ET Q q 0 0 0 rg BT 361.72 551.10 Td (Systems, ) Tj ET Q q 0 0 0 rg BT 400.28 551.10 Td (LionsGate, ) Tj ET Q q 0 0 0 rg BT 447.15 551.10 Td (the ) Tj ET Q q 0 0 0 rg BT 462.09 551.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 498.70 551.10 Td (E ) Tj ET Q q 0 0 0 rg BT 507.53 551.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 535.24 551.10 Td (series, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 539.10 Td (several ) Tj ET Q q 0 0 0 rg BT 97.25 539.10 Td (regional ) Tj ET Q q 0 0 0 rg BT 132.52 539.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 158.91 539.10 Td (networks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 517.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 517.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 109.00 517.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 137.92 517.10 Td (has ) Tj ET Q q 0 0 0 rg BT 154.61 517.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 185.75 517.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 230.77 517.10 Td (in ) Tj ET Q q 0 0 0 rg BT 241.91 517.10 Td (25 ) Tj ET Q q 0 0 0 rg BT 255.28 517.10 Td (countries, ) Tj ET Q q 0 0 0 rg BT 297.80 517.10 Td (partners ) Tj ET Q q 0 0 0 rg BT 333.37 517.10 Td (with ) Tj ET Q q 0 0 0 rg BT 354.51 517.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 385.65 517.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 425.67 517.10 Td (in ) Tj ET Q q 0 0 0 rg BT 436.82 517.10 Td (46 ) Tj ET Q q 0 0 0 rg BT 450.18 517.10 Td (more, ) Tj ET Q q 0 0 0 rg BT 476.59 517.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.39 517.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 518.31 517.10 Td (broadband ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 93.94 505.10 Td (in ) Tj ET Q q 0 0 0 rg BT 104.51 505.10 Td (18 ) Tj ET Q q 0 0 0 rg BT 117.29 505.10 Td (markets. ) Tj ET Q q 0 0 0 rg BT 153.62 505.10 Td (As ) Tj ET Q q 0 0 0 rg BT 167.52 505.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.64 505.10 Td (December ) Tj ET Q q 0 0 0 rg BT 222.51 505.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 237.80 505.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 262.88 505.10 Td (V) Tj ET Q q 0 0 0 rg BT 268.82 505.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 303.81 505.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 332.15 505.10 Td (had ) Tj ET Q q 0 0 0 rg BT 349.37 505.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 409.92 505.10 Td (700 ) Tj ET Q q 0 0 0 rg BT 427.71 505.10 Td (million ) Tj ET Q q 0 0 0 rg BT 459.39 505.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 489.95 505.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 533.28 505.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.51 505.10 Td (21 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.10 Td (million ) Tj ET Q q 0 0 0 rg BT 80.89 493.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 103.94 493.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 148.65 493.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 194.19 493.10 Td (including ) Tj ET Q q 0 0 0 rg BT 234.47 493.10 Td (all ) Tj ET Q q 0 0 0 rg BT 246.96 493.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.79 493.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.51 493.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 315.55 493.10 Td (in ) Tj ET Q q 0 0 0 rg BT 325.65 493.10 Td (V) Tj ET Q q 0 0 0 rg BT 331.58 493.10 Td (odafone) Tj ET Q q 0 0 0 rg BT 366.57 493.10 Td (s ) Tj ET Q q 0 0 0 rg BT 372.96 493.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 393.80 493.10 Td (ventures ) Tj ET Q q 0 0 0 rg BT 430.17 493.10 Td (and ) Tj ET Q q 0 0 0 rg BT 447.11 493.10 Td (associates. ) Tj ET Q q 0 0 0 rg BT 492.10 493.10 Td ( ) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 696.60 Td (MANAGEMENTS ) Tj ET Q q 0 0 0 rg BT 136.34 696.60 Td (DISCUSSION ) Tj ET Q q 0 0 0 rg BT 199.34 696.60 Td (AND ) Tj ET Q q 0 0 0 rg BT 222.87 696.60 Td (ANAL) Tj ET Q q 0 0 0 rg BT 250.28 696.60 Td (YSIS ) Tj ET Q q 0 0 0 rg BT 274.91 696.60 Td (OF) Tj ET Q q 0 0 0 rg BT 288.43 696.60 Td ( ) Tj ET Q q 0 0 0 rg BT 290.82 696.60 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 346.94 696.60 Td ( ) Tj ET Q q 0 0 0 rg BT 349.34 696.60 Td (CONDITION ) Tj ET Q q 0 0 0 rg BT 410.10 696.60 Td (AND ) Tj ET Q q 0 0 0 rg BT 434.16 696.60 Td (RESUL) Tj ET Q q 0 0 0 rg BT 466.58 696.60 Td (TS ) Tj ET Q q 0 0 0 rg BT 481.21 696.60 Td (OF) Tj ET Q q 0 0 0 rg BT 494.73 696.60 Td ( ) Tj ET Q q 0 0 0 rg BT 497.12 696.60 Td (OPERA) Tj ET Q q 0 0 0 rg BT 531.38 696.60 Td (TIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 672.60 Td (The ) Tj ET Q q 0 0 0 rg BT 86.11 672.60 Td (following ) Tj ET Q q 0 0 0 rg BT 128.06 672.60 Td (discussion ) Tj ET Q q 0 0 0 rg BT 172.79 672.60 Td (and ) Tj ET Q q 0 0 0 rg BT 190.29 672.60 Td (analysis, ) Tj ET Q q 0 0 0 rg BT 228.07 672.60 Td (which ) Tj ET Q q 0 0 0 rg BT 255.57 672.60 Td (should ) Tj ET Q q 0 0 0 rg BT 285.30 672.60 Td (be ) Tj ET Q q 0 0 0 rg BT 297.80 672.60 Td (read ) Tj ET Q q 0 0 0 rg BT 318.07 672.60 Td (in ) Tj ET Q q 0 0 0 rg BT 328.91 672.60 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 379.18 672.60 Td (with ) Tj ET Q q 0 0 0 rg BT 400.02 672.60 Td (our ) Tj ET Q q 0 0 0 rg BT 416.41 672.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 470.01 672.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 508.06 672.60 Td (statements, ) Tj ET Q q 0 0 0 rg BT 555.83 672.60 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.60 Td (intended ) Tj ET Q q 0 0 0 rg BT 86.43 660.60 Td (to ) Tj ET Q q 0 0 0 rg BT 96.71 660.60 Td (assist ) Tj ET Q q 0 0 0 rg BT 120.88 660.60 Td (in ) Tj ET Q q 0 0 0 rg BT 131.16 660.60 Td (providing ) Tj ET Q q 0 0 0 rg BT 172.55 660.60 Td (an ) Tj ET Q q 0 0 0 rg BT 184.49 660.60 Td (understanding ) Tj ET Q q 0 0 0 rg BT 243.64 660.60 Td (of ) Tj ET Q q 0 0 0 rg BT 254.47 660.60 Td (our ) Tj ET Q q 0 0 0 rg BT 270.30 660.60 Td (results ) Tj ET Q q 0 0 0 rg BT 298.91 660.60 Td (of ) Tj ET Q q 0 0 0 rg BT 309.74 660.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 353.89 660.60 Td (and ) Tj ET Q q 0 0 0 rg BT 370.83 660.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 408.31 660.60 Td (condition ) Tj ET Q q 0 0 0 rg BT 448.59 660.60 Td (and ) Tj ET Q q 0 0 0 rg BT 465.53 660.60 Td (is ) Tj ET Q q 0 0 0 rg BT 474.70 660.60 Td (or) Tj ET Q q 0 0 0 rg BT 482.84 660.60 Td (ganized ) Tj ET Q q 0 0 0 rg BT 516.44 660.60 Td (as ) Tj ET Q q 0 0 0 rg BT 527.27 660.60 Td (follows:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 630.60 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 630.60 Td (Overview) Tj ET Q q 0 0 0 rg BT 123.07 630.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.57 630.60 Td ( ) Tj ET Q q 0 0 0 rg BT 127.89 630.60 Td (This ) Tj ET Q q 0 0 0 rg BT 148.17 630.60 Td (section ) Tj ET Q q 0 0 0 rg BT 179.00 630.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 215.93 630.60 Td (a ) Tj ET Q q 0 0 0 rg BT 222.87 630.60 Td (general ) Tj ET Q q 0 0 0 rg BT 254.80 630.60 Td (description ) Tj ET Q q 0 0 0 rg BT 301.73 630.60 Td (of ) Tj ET Q q 0 0 0 rg BT 312.56 630.60 Td (our ) Tj ET Q q 0 0 0 rg BT 328.39 630.60 Td (business ) Tj ET Q q 0 0 0 rg BT 364.78 630.60 Td (and ) Tj ET Q q 0 0 0 rg BT 381.72 630.60 Td (recent ) Tj ET Q q 0 0 0 rg BT 408.64 630.60 Td (events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 612.60 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 612.60 Td (Results ) Tj ET Q q 0 0 0 rg BT 117.22 612.60 Td (of ) Tj ET Q q 0 0 0 rg BT 127.83 612.60 Td (Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.33 612.60 Td ( ) Tj ET Q q 0 0 0 rg BT 177.96 612.60 Td (This ) Tj ET Q q 0 0 0 rg BT 198.57 612.60 Td (section ) Tj ET Q q 0 0 0 rg BT 229.73 612.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 267.00 612.60 Td (an ) Tj ET Q q 0 0 0 rg BT 279.27 612.60 Td (analysis ) Tj ET Q q 0 0 0 rg BT 314.33 612.60 Td (of ) Tj ET Q q 0 0 0 rg BT 325.49 612.60 Td (our ) Tj ET Q q 0 0 0 rg BT 341.65 612.60 Td (results ) Tj ET Q q 0 0 0 rg BT 370.59 612.60 Td (of ) Tj ET Q q 0 0 0 rg BT 381.76 612.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 426.25 612.60 Td (for ) Tj ET Q q 0 0 0 rg BT 440.74 612.60 Td (the ) Tj ET Q q 0 0 0 rg BT 455.79 612.60 Td (years ) Tj ET Q q 0 0 0 rg BT 479.72 612.60 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.43 612.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 600.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 600.60 Td (, ) Tj ET Q q 0 0 0 rg BT 110.50 600.60 Td (2017, ) Tj ET Q q 0 0 0 rg BT 135.50 600.60 Td (and ) Tj ET Q q 0 0 0 rg BT 152.44 600.60 Td (2016. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 582.60 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 582.60 Td (Material ) Tj ET Q q 0 0 0 rg BT 123.51 582.60 Td (Changes ) Tj ET Q q 0 0 0 rg BT 161.52 582.60 Td (in ) Tj ET Q q 0 0 0 rg BT 172.30 582.60 Td (Financial ) Tj ET Q q 0 0 0 rg BT 214.20 582.60 Td (Condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.70 582.60 Td ( ) Tj ET Q q 0 0 0 rg BT 259.49 582.60 Td (This ) Tj ET Q q 0 0 0 rg BT 280.28 582.60 Td (section ) Tj ET Q q 0 0 0 rg BT 311.62 582.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 349.07 582.60 Td (an ) Tj ET Q q 0 0 0 rg BT 361.52 582.60 Td (analysis ) Tj ET Q q 0 0 0 rg BT 396.74 582.60 Td (of ) Tj ET Q q 0 0 0 rg BT 408.08 582.60 Td (our ) Tj ET Q q 0 0 0 rg BT 424.42 582.60 Td (corporate ) Tj ET Q q 0 0 0 rg BT 465.19 582.60 Td (and ) Tj ET Q q 0 0 0 rg BT 482.64 582.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 526.75 582.60 Td (liquidity) Tj ET Q q 0 0 0 rg BT 560.00 582.60 Td (, ) Tj ET Q q 0 0 0 rg BT 565.00 582.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 570.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 138.54 570.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 183.25 570.60 Td (of ) Tj ET Q q 0 0 0 rg BT 194.08 570.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 214.35 570.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 239.07 570.60 Td (and ) Tj ET Q q 0 0 0 rg BT 256.01 570.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 302.93 570.60 Td (commitments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 552.60 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 552.60 Td (Critical ) Tj ET Q q 0 0 0 rg BT 119.27 552.60 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 167.68 552.60 Td (Policies, ) Tj ET Q q 0 0 0 rg BT 205.25 552.60 Td (Judgments, ) Tj ET Q q 0 0 0 rg BT 253.38 552.60 Td (and ) Tj ET Q q 0 0 0 rg BT 271.25 552.60 Td (Estimates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.63 552.60 Td ( ) Tj ET Q q 0 0 0 rg BT 315.29 552.60 Td (This ) Tj ET Q q 0 0 0 rg BT 335.93 552.60 Td (section ) Tj ET Q q 0 0 0 rg BT 367.12 552.60 Td (discusses ) Tj ET Q q 0 0 0 rg BT 407.21 552.60 Td (those ) Tj ET Q q 0 0 0 rg BT 431.18 552.60 Td (material ) Tj ET Q q 0 0 0 rg BT 466.80 552.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 513.54 552.60 Td (policies ) Tj ET Q q 0 0 0 rg BT 547.51 552.60 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 540.60 Td (involve ) Tj ET Q q 0 0 0 rg BT 118.00 540.60 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 171.58 540.60 Td (and ) Tj ET Q q 0 0 0 rg BT 188.52 540.60 Td (require ) Tj ET Q q 0 0 0 rg BT 219.34 540.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 264.05 540.60 Td (judgment ) Tj ET Q q 0 0 0 rg BT 304.32 540.60 Td (in ) Tj ET Q q 0 0 0 rg BT 314.60 540.60 Td (their ) Tj ET Q q 0 0 0 rg BT 335.43 540.60 Td (application.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 510.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.91 510.60 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 132.08 510.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 157.16 510.60 Td (used ) Tj ET Q q 0 0 0 rg BT 178.35 510.60 Td (below ) Tj ET Q q 0 0 0 rg BT 205.66 510.60 Td (have ) Tj ET Q q 0 0 0 rg BT 227.40 510.60 Td (been ) Tj ET Q q 0 0 0 rg BT 249.14 510.60 Td (defined ) Tj ET Q q 0 0 0 rg BT 281.99 510.60 Td (in ) Tj ET Q q 0 0 0 rg BT 292.63 510.60 Td (the ) Tj ET Q q 0 0 0 rg BT 307.71 510.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 331.68 510.60 Td (to ) Tj ET Q q 0 0 0 rg BT 342.32 510.60 Td (our ) Tj ET Q q 0 0 0 rg BT 358.52 510.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 411.92 510.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 449.77 510.60 Td (statements. ) Tj ET Q q 0 0 0 rg BT 497.34 510.60 Td (In ) Tj ET Q q 0 0 0 rg BT 508.54 510.60 Td (the ) Tj ET Q q 0 0 0 rg BT 523.62 510.60 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 498.60 Td (text, ) Tj ET Q q 0 0 0 rg BT 70.01 498.60 Td (the ) Tj ET Q q 0 0 0 rg BT 85.25 498.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 110.48 498.60 Td (we, ) Tj ET Q q 0 0 0 rg BT 136.53 498.60 Td (our) Tj ET Q q 0 0 0 rg BT 153.90 498.60 Td (, ) Tj ET Q q 0 0 0 rg BT 163.86 498.60 Td (our ) Tj ET Q q 0 0 0 rg BT 184.64 498.60 Td (company, ) Tj ET Q q 0 0 0 rg BT 231.25 498.60 Td (and ) Tj ET Q q 0 0 0 rg BT 248.71 498.60 Td (us ) Tj ET Q q 0 0 0 rg BT 269.49 498.60 Td (may ) Tj ET Q q 0 0 0 rg BT 289.72 498.60 Td (refer) Tj ET Q q 0 0 0 rg BT 308.19 498.60 Td (, ) Tj ET Q q 0 0 0 rg BT 313.71 498.60 Td (as ) Tj ET Q q 0 0 0 rg BT 325.05 498.60 Td (the ) Tj ET Q q 0 0 0 rg BT 340.29 498.60 Td (context ) Tj ET Q q 0 0 0 rg BT 372.74 498.60 Td (requires, ) Tj ET Q q 0 0 0 rg BT 410.46 498.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.04 498.60 Td (V) Tj ET Q q 0 0 0 rg BT 426.97 498.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.06 498.60 Td ( ) Tj ET Q q 0 0 0 rg BT 486.08 498.60 Td (\(or ) Tj ET Q q 0 0 0 rg BT 500.76 498.60 Td (its ) Tj ET Q q 0 0 0 rg BT 513.22 498.60 Td (predecessor) Tj ET Q q 0 0 0 rg BT 560.02 498.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 486.60 Td (herein ) Tj ET Q q 0 0 0 rg BT 76.90 486.60 Td (referred ) Tj ET Q q 0 0 0 rg BT 110.96 486.60 Td (to ) Tj ET Q q 0 0 0 rg BT 121.15 486.60 Td (as ) Tj ET Q q 0 0 0 rg BT 131.90 486.60 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 136.34 486.60 Td (Old ) Tj ET Q q 0 0 0 rg BT 154.87 486.60 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.32 486.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 189.50 486.60 Td (or ) Tj ET Q q 0 0 0 rg BT 200.25 486.60 Td (collectively ) Tj ET Q q 0 0 0 rg BT 249.31 486.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.33 486.60 Td (V) Tj ET Q q 0 0 0 rg BT 265.27 486.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.36 486.60 Td ( ) Tj ET Q q 0 0 0 rg BT 323.78 486.60 Td (\(or ) Tj ET Q q 0 0 0 rg BT 337.86 486.60 Td (its ) Tj ET Q q 0 0 0 rg BT 349.72 486.60 Td (predecessor\) ) Tj ET Q q 0 0 0 rg BT 402.67 486.60 Td (and ) Tj ET Q q 0 0 0 rg BT 419.52 486.60 Td (its ) Tj ET Q q 0 0 0 rg BT 431.39 486.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 481.02 486.60 Td (after ) Tj ET Q q 0 0 0 rg BT 501.75 486.60 Td (giving ) Tj ET Q q 0 0 0 rg BT 529.73 486.60 Td (ef) Tj ET Q q 0 0 0 rg BT 537.31 486.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 554.72 486.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 474.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.22 474.60 Td (JV) Tj ET Q q 0 0 0 rg BT 75.15 474.60 Td ( ) Tj ET Q q 0 0 0 rg BT 77.47 474.60 Td (T) Tj ET Q q 0 0 0 rg BT 83.23 474.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.32 474.60 Td ( ) Tj ET Q q 0 0 0 rg BT 126.82 474.60 Td (and ) Tj ET Q q 0 0 0 rg BT 143.76 474.60 Td (the ) Tj ET Q q 0 0 0 rg BT 158.47 474.60 Td (common ) Tj ET Q q 0 0 0 rg BT 195.97 474.60 Td (control ) Tj ET Q q 0 0 0 rg BT 226.79 474.60 Td (transfer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.33 474.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.83 474.60 Td (as ) Tj ET Q q 0 0 0 rg BT 270.66 474.60 Td (described ) Tj ET Q q 0 0 0 rg BT 311.48 474.60 Td (in ) Tj ET Q q 0 0 0 rg BT 321.76 474.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.47 474.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.47 474.60 Td ( ) Tj ET Q q 0 0 0 rg BT 348.97 474.60 Td (to ) Tj ET Q q 0 0 0 rg BT 359.25 474.60 Td (our ) Tj ET Q q 0 0 0 rg BT 375.08 474.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 428.12 474.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 465.60 474.60 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 450.60 Td (Unless ) Tj ET Q q 0 0 0 rg BT 98.03 450.60 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 140.21 450.60 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 182.66 450.60 Td (convenience ) Tj ET Q q 0 0 0 rg BT 235.94 450.60 Td (translations ) Tj ET Q q 0 0 0 rg BT 285.35 450.60 Td (into ) Tj ET Q q 0 0 0 rg BT 304.21 450.60 Td (euros ) Tj ET Q q 0 0 0 rg BT 329.17 450.60 Td (are ) Tj ET Q q 0 0 0 rg BT 344.68 450.60 Td (calculated, ) Tj ET Q q 0 0 0 rg BT 391.02 450.60 Td (and ) Tj ET Q q 0 0 0 rg BT 408.76 450.60 Td (operational ) Tj ET Q q 0 0 0 rg BT 457.04 450.60 Td (data ) Tj ET Q q 0 0 0 rg BT 477.00 450.60 Td (\(including ) Tj ET Q q 0 0 0 rg BT 521.41 450.60 Td (subscriber ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.60 Td (statistics\) ) Tj ET Q q 0 0 0 rg BT 89.77 438.60 Td (is ) Tj ET Q q 0 0 0 rg BT 98.94 438.60 Td (presented, ) Tj ET Q q 0 0 0 rg BT 142.26 438.60 Td (as ) Tj ET Q q 0 0 0 rg BT 153.09 438.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.92 438.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 222.50 438.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 438.60 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 414.60 Td (Overview) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 390.60 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 366.60 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 366.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.53 366.60 Td ( ) Tj ET Q q 0 0 0 rg BT 131.24 366.60 Td (is ) Tj ET Q q 0 0 0 rg BT 139.62 366.60 Td (a ) Tj ET Q q 0 0 0 rg BT 145.77 366.60 Td (provider ) Tj ET Q q 0 0 0 rg BT 181.35 366.60 Td (of ) Tj ET Q q 0 0 0 rg BT 191.39 366.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 217.82 366.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 261.74 366.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 296.49 366.60 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 337.07 366.60 Td (telephony) Tj ET Q q 0 0 0 rg BT 375.86 366.60 Td (, ) Tj ET Q q 0 0 0 rg BT 380.07 366.60 Td (and ) Tj ET Q q 0 0 0 rg BT 396.22 366.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 425.70 366.60 Td (services ) Tj ET Q q 0 0 0 rg BT 459.62 366.60 Td (to ) Tj ET Q q 0 0 0 rg BT 469.11 366.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 512.47 366.60 Td (and ) Tj ET Q q 0 0 0 rg BT 528.62 366.60 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 91.91 354.60 Td (in ) Tj ET Q q 0 0 0 rg BT 101.55 354.60 Td (the ) Tj ET Q q 0 0 0 rg BT 115.63 354.60 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 168.31 354.60 Td (Prior ) Tj ET Q q 0 0 0 rg BT 190.18 354.60 Td (to ) Tj ET Q q 0 0 0 rg BT 199.82 354.60 Td (the ) Tj ET Q q 0 0 0 rg BT 213.90 354.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 244.65 354.60 Td (of ) Tj ET Q q 0 0 0 rg BT 254.85 354.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.93 354.60 Td (JV) Tj ET Q q 0 0 0 rg BT 279.86 354.60 Td ( ) Tj ET Q q 0 0 0 rg BT 281.59 354.60 Td (T) Tj ET Q q 0 0 0 rg BT 287.35 354.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.44 354.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.67 354.60 Td (V) Tj ET Q q 0 0 0 rg BT 338.60 354.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.70 354.60 Td ( ) Tj ET Q q 0 0 0 rg BT 396.56 354.60 Td (was ) Tj ET Q q 0 0 0 rg BT 413.98 354.60 Td (a ) Tj ET Q q 0 0 0 rg BT 420.28 354.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 479.91 354.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 522.89 354.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.08 354.60 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.72 342.60 Td (. ) Tj ET Q q 0 0 0 rg BT 82.68 342.60 Td (On ) Tj ET Q q 0 0 0 rg BT 98.37 342.60 Td (December ) Tj ET Q q 0 0 0 rg BT 142.92 342.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 158.89 342.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 184.85 342.60 Td (and ) Tj ET Q q 0 0 0 rg BT 202.76 342.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 226.22 342.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 258.57 342.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.26 342.60 Td (JV) Tj ET Q q 0 0 0 rg BT 285.19 342.60 Td ( ) Tj ET Q q 0 0 0 rg BT 288.40 342.60 Td (T) Tj ET Q q 0 0 0 rg BT 294.16 342.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.26 342.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.97 342.60 Td (V) Tj ET Q q 0 0 0 rg BT 346.90 342.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 342.60 Td ( ) Tj ET Q q 0 0 0 rg BT 406.46 342.60 Td (became ) Tj ET Q q 0 0 0 rg BT 440.46 342.60 Td (a ) Tj ET Q q 0 0 0 rg BT 448.37 342.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 509.60 342.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 554.17 342.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 330.60 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 330.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 113.68 330.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 141.39 330.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.17 330.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.68 330.60 Td (V) Tj ET Q q 0 0 0 rg BT 184.61 330.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 242.86 330.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 270.57 330.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.35 330.60 Td ( ) Tj ET Q q 0 0 0 rg BT 305.51 330.60 Td (is ) Tj ET Q q 0 0 0 rg BT 314.33 330.60 Td (a ) Tj ET Q q 0 0 0 rg BT 320.93 330.60 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 345.87 330.60 Td (joint ) Tj ET Q q 0 0 0 rg BT 366.36 330.60 Td (venture ) Tj ET Q q 0 0 0 rg BT 398.50 330.60 Td (between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.82 330.60 Td (V) Tj ET Q q 0 0 0 rg BT 439.75 330.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.96 330.60 Td ( ) Tj ET Q q 0 0 0 rg BT 474.12 330.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.72 330.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 522.31 330.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.53 330.60 Td (. ) Tj ET Q q 0 0 0 rg BT 554.18 330.60 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 96.64 318.60 Td (with ) Tj ET Q q 0 0 0 rg BT 117.68 318.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 149.84 318.60 Td (of ) Tj ET Q q 0 0 0 rg BT 161.43 318.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.92 318.60 Td (JV) Tj ET Q q 0 0 0 rg BT 187.85 318.60 Td ( ) Tj ET Q q 0 0 0 rg BT 190.88 318.60 Td (T) Tj ET Q q 0 0 0 rg BT 196.64 318.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.73 318.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.26 318.60 Td (V) Tj ET Q q 0 0 0 rg BT 249.19 318.60 Td (odafone ) Tj ET Q q 0 0 0 rg BT 284.67 318.60 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.63 318.60 Td ( ) Tj ET Q q 0 0 0 rg BT 300.89 318.60 Td (became ) Tj ET Q q 0 0 0 rg BT 334.69 318.60 Td (an ) Tj ET Q q 0 0 0 rg BT 347.40 318.60 Td (indirect ) Tj ET Q q 0 0 0 rg BT 381.21 318.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 442.24 318.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 486.62 318.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.98 318.60 Td (V) Tj ET Q q 0 0 0 rg BT 503.91 318.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 318.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.60 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 306.60 Td (odafone ) Tj ET Q q 0 0 0 rg BT 90.30 306.60 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.26 306.60 Td ( ) Tj ET Q q 0 0 0 rg BT 105.92 306.60 Td (and ) Tj ET Q q 0 0 0 rg BT 123.01 306.60 Td (its ) Tj ET Q q 0 0 0 rg BT 135.12 306.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 185.00 306.60 Td (operated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.89 306.60 Td (V) Tj ET Q q 0 0 0 rg BT 227.82 306.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.03 306.60 Td () Tj ET Q q 0 0 0 rg BT 262.80 306.60 Td (s ) Tj ET Q q 0 0 0 rg BT 269.35 306.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 299.79 306.60 Td (business ) Tj ET Q q 0 0 0 rg BT 336.34 306.60 Td (in ) Tj ET Q q 0 0 0 rg BT 346.77 306.60 Td (the ) Tj ET Q q 0 0 0 rg BT 361.65 306.60 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 415.12 306.60 Td (For ) Tj ET Q q 0 0 0 rg BT 431.67 306.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 474.32 306.60 Td (information ) Tj ET Q q 0 0 0 rg BT 524.19 306.60 Td (regarding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.22 294.60 Td (JV) Tj ET Q q 0 0 0 rg BT 75.15 294.60 Td ( ) Tj ET Q q 0 0 0 rg BT 77.47 294.60 Td (T) Tj ET Q q 0 0 0 rg BT 83.23 294.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.32 294.60 Td ( ) Tj ET Q q 0 0 0 rg BT 126.82 294.60 Td (and ) Tj ET Q q 0 0 0 rg BT 143.76 294.60 Td (the ) Tj ET Q q 0 0 0 rg BT 158.47 294.60 Td (formation ) Tj ET Q q 0 0 0 rg BT 200.41 294.60 Td (of ) Tj ET Q q 0 0 0 rg BT 211.24 294.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.77 294.60 Td (V) Tj ET Q q 0 0 0 rg BT 231.71 294.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 290.30 294.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.13 294.60 Td (, ) Tj ET Q q 0 0 0 rg BT 305.13 294.60 Td (see ) Tj ET Q q 0 0 0 rg BT 320.39 294.60 Td (note ) Tj ET Q q 0 0 0 rg BT 340.11 294.60 Td (5 ) Tj ET Q q 0 0 0 rg BT 347.61 294.60 Td (to ) Tj ET Q q 0 0 0 rg BT 357.89 294.60 Td (our ) Tj ET Q q 0 0 0 rg BT 373.72 294.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 426.76 294.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 464.24 294.60 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 270.60 Td (As ) Tj ET Q q 0 0 0 rg BT 81.46 270.60 Td (a ) Tj ET Q q 0 0 0 rg BT 88.74 270.60 Td (result ) Tj ET Q q 0 0 0 rg BT 113.80 270.60 Td (of ) Tj ET Q q 0 0 0 rg BT 124.97 270.60 Td (the ) Tj ET Q q 0 0 0 rg BT 140.03 270.60 Td (JV) Tj ET Q q 0 0 0 rg BT 150.96 270.60 Td ( ) Tj ET Q q 0 0 0 rg BT 153.60 270.60 Td (T) Tj ET Q q 0 0 0 rg BT 159.36 270.60 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 203.30 270.60 Td (and ) Tj ET Q q 0 0 0 rg BT 220.58 270.60 Td (the ) Tj ET Q q 0 0 0 rg BT 235.64 270.60 Td (formation ) Tj ET Q q 0 0 0 rg BT 277.91 270.60 Td (of ) Tj ET Q q 0 0 0 rg BT 289.09 270.60 Td (the ) Tj ET Q q 0 0 0 rg BT 303.94 270.60 Td (V) Tj ET Q q 0 0 0 rg BT 309.88 270.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 368.81 270.60 Td (JV) Tj ET Q q 0 0 0 rg BT 378.64 270.60 Td (, ) Tj ET Q q 0 0 0 rg BT 383.98 270.60 Td (we ) Tj ET Q q 0 0 0 rg BT 398.48 270.60 Td (have ) Tj ET Q q 0 0 0 rg BT 420.20 270.60 Td (a ) Tj ET Q q 0 0 0 rg BT 427.48 270.60 Td (new ) Tj ET Q q 0 0 0 rg BT 446.99 270.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 469.83 270.60 Td (of ) Tj ET Q q 0 0 0 rg BT 481.00 270.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 527.72 270.60 Td (ef) Tj ET Q q 0 0 0 rg BT 535.31 270.60 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.60 Td (December ) Tj ET Q q 0 0 0 rg BT 93.56 258.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 109.05 258.60 Td (2016. ) Tj ET Q q 0 0 0 rg BT 134.53 258.60 Td (In ) Tj ET Q q 0 0 0 rg BT 145.84 258.60 Td (our ) Tj ET Q q 0 0 0 rg BT 162.15 258.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 215.67 258.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 253.63 258.60 Td (statements, ) Tj ET Q q 0 0 0 rg BT 301.33 258.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 313.75 258.60 Td (the ) Tj ET Q q 0 0 0 rg BT 328.94 258.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 382.47 258.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 415.98 258.60 Td (sheets ) Tj ET Q q 0 0 0 rg BT 443.40 258.60 Td (as ) Tj ET Q q 0 0 0 rg BT 454.71 258.60 Td (of ) Tj ET Q q 0 0 0 rg BT 466.02 258.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 525.09 258.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 548.07 258.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (2017, ) Tj ET Q q 0 0 0 rg BT 74.12 246.60 Td (and ) Tj ET Q q 0 0 0 rg BT 90.68 246.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 143.34 246.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 187.67 246.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.12 246.60 Td (operations, ) Tj ET Q q 0 0 0 rg BT 244.39 246.60 Td (owner) Tj ET Q q 0 0 0 rg BT 269.75 246.60 Td () Tj ET Q q 0 0 0 rg BT 272.53 246.60 Td (s ) Tj ET Q q 0 0 0 rg BT 278.54 246.60 Td (equity) Tj ET Q q 0 0 0 rg BT 302.89 246.60 Td (, ) Tj ET Q q 0 0 0 rg BT 307.51 246.60 Td (and ) Tj ET Q q 0 0 0 rg BT 324.07 246.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 343.95 246.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 368.29 246.60 Td (for ) Tj ET Q q 0 0 0 rg BT 382.07 246.60 Td (the ) Tj ET Q q 0 0 0 rg BT 396.41 246.60 Td (years ) Tj ET Q q 0 0 0 rg BT 419.63 246.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 445.62 246.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 503.83 246.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 525.95 246.60 Td (and ) Tj ET Q q 0 0 0 rg BT 542.50 246.60 Td (2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (are ) Tj ET Q q 0 0 0 rg BT 65.19 234.60 Td (labeled ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.55 234.60 Td (Successor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.21 234.60 Td ( ) Tj ET Q q 0 0 0 rg BT 152.70 234.60 Td (and ) Tj ET Q q 0 0 0 rg BT 170.62 234.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 199.64 234.60 Td (the ) Tj ET Q q 0 0 0 rg BT 215.34 234.60 Td (push ) Tj ET Q q 0 0 0 rg BT 237.72 234.60 Td (down ) Tj ET Q q 0 0 0 rg BT 263.43 234.60 Td (of ) Tj ET Q q 0 0 0 rg BT 275.25 234.60 Td (the ) Tj ET Q q 0 0 0 rg BT 290.70 234.60 Td (V) Tj ET Q q 0 0 0 rg BT 296.63 234.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 356.21 234.60 Td (JV) Tj ET Q q 0 0 0 rg BT 370.10 234.60 Td (s ) Tj ET Q q 0 0 0 rg BT 377.48 234.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 400.97 234.60 Td (of ) Tj ET Q q 0 0 0 rg BT 412.78 234.60 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 462.64 234.60 Td (and ) Tj ET Q q 0 0 0 rg BT 480.57 234.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 496.27 234.60 Td (the ) Tj ET Q q 0 0 0 rg BT 511.97 234.60 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 93.63 222.60 Td (of ) Tj ET Q q 0 0 0 rg BT 103.88 222.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 147.45 222.60 Td (and ) Tj ET Q q 0 0 0 rg BT 163.81 222.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 183.50 222.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 207.64 222.60 Td (for ) Tj ET Q q 0 0 0 rg BT 221.22 222.60 Td (the ) Tj ET Q q 0 0 0 rg BT 235.35 222.60 Td (year ) Tj ET Q q 0 0 0 rg BT 254.48 222.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 280.28 222.60 Td (December ) Tj ET Q q 0 0 0 rg BT 323.28 222.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 337.70 222.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 359.62 222.60 Td (are ) Tj ET Q q 0 0 0 rg BT 373.74 222.60 Td (labeled ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.53 222.60 Td (Pr) Tj ET Q q 0 0 0 rg BT 419.90 222.60 Td (edecessor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.44 222.60 Td ( ) Tj ET Q q 0 0 0 rg BT 467.36 222.60 Td (and ) Tj ET Q q 0 0 0 rg BT 483.71 222.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 511.17 222.60 Td (the ) Tj ET Q q 0 0 0 rg BT 525.30 222.60 Td (historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 95.87 210.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 118.37 210.60 Td (in ) Tj ET Q q 0 0 0 rg BT 128.65 210.60 Td (the ) Tj ET Q q 0 0 0 rg BT 143.37 210.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 169.20 210.60 Td (and ) Tj ET Q q 0 0 0 rg BT 186.14 210.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 225.85 210.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.68 210.60 Td (Old ) Tj ET Q q 0 0 0 rg BT 254.18 210.60 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.07 210.60 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 186.60 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 162.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.45 162.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 141.49 162.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.49 162.60 Td (, ) Tj ET Q q 0 0 0 rg BT 167.94 162.60 Td (we ) Tj ET Q q 0 0 0 rg BT 183.55 162.60 Td (owned ) Tj ET Q q 0 0 0 rg BT 214.17 162.60 Td (and ) Tj ET Q q 0 0 0 rg BT 232.56 162.60 Td (operated ) Tj ET Q q 0 0 0 rg BT 270.94 162.60 Td (networks ) Tj ET Q q 0 0 0 rg BT 311.55 162.60 Td (that ) Tj ET Q q 0 0 0 rg BT 330.50 162.60 Td (passed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.11 162.60 Td (7,199,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.11 162.60 Td ( ) Tj ET Q q 0 0 0 rg BT 405.06 162.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 435.12 162.60 Td (and ) Tj ET Q q 0 0 0 rg BT 453.51 162.60 Td (served ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.56 162.60 Td (9,719,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.56 162.60 Td ( ) Tj ET Q q 0 0 0 rg BT 527.52 162.60 Td (Revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 150.60 Td (Generating ) Tj ET Q q 0 0 0 rg BT 95.74 150.60 Td (Units ) Tj ET Q q 0 0 0 rg BT 119.23 150.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.56 150.60 Td (RGUs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.67 150.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 156.32 150.60 Td (consisting ) Tj ET Q q 0 0 0 rg BT 198.70 150.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.85 150.60 Td (3,902,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.85 150.60 Td ( ) Tj ET Q q 0 0 0 rg BT 250.67 150.60 Td (video ) Tj ET Q q 0 0 0 rg BT 274.70 150.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 321.51 150.60 Td (\(including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.43 150.60 Td (3,385,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.43 150.60 Td ( ) Tj ET Q q 0 0 0 rg BT 406.25 150.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 445.83 150.60 Td (video ) Tj ET Q q 0 0 0 rg BT 469.86 150.60 Td (subscribers\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 150.60 Td (3,317,200) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 95.13 138.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 129.09 138.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 177.50 138.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.36 138.60 Td (2,499,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.36 138.60 Td ( ) Tj ET Q q 0 0 0 rg BT 238.77 138.60 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 281.07 138.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 323.92 138.60 Td (subscribers.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.41 138.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.83 138.60 Td (In ) Tj ET Q q 0 0 0 rg BT 386.58 138.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 425.27 138.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.91 138.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 495.41 138.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.41 138.60 Td (, ) Tj ET Q q 0 0 0 rg BT 521.33 138.60 Td (we ) Tj ET Q q 0 0 0 rg BT 536.41 138.60 Td (served ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.60 Td (4,966,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 126.60 Td ( ) Tj ET Q q 0 0 0 rg BT 92.00 126.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 122.27 126.60 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 172.26 126.60 Td (which ) Tj ET Q q 0 0 0 rg BT 199.20 126.60 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.03 126.60 Td (4,215,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.03 126.60 Td ( ) Tj ET Q q 0 0 0 rg BT 277.53 126.60 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 313.91 126.60 Td (subscribers.) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.00 713.10 Td (following ) Tj ET Q q 0 0 0 rg BT 125.85 713.10 Td (table ) Tj ET Q q 0 0 0 rg BT 147.24 713.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 183.64 713.10 Td (details ) Tj ET Q q 0 0 0 rg BT 211.70 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 221.99 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 237.28 713.10 Td (or) Tj ET Q q 0 0 0 rg BT 245.42 713.10 Td (ganic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.04 713.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 292.11 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 308.51 713.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 338.24 713.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 381.29 713.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 415.46 713.10 Td (for ) Tj ET Q q 0 0 0 rg BT 429.08 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 443.25 713.10 Td (years ) Tj ET Q q 0 0 0 rg BT 466.31 713.10 Td (indicated. ) Tj ET Q q 0 0 0 rg BT 507.42 713.10 Td (Or) Tj ET Q q 0 0 0 rg BT 517.79 713.10 Td (ganic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.40 713.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.88 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 97.60 701.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 141.64 701.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 176.79 701.10 Td (exclude ) Tj ET Q q 0 0 0 rg BT 210.82 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.98 701.10 Td (ef) Tj ET Q q 0 0 0 rg BT 233.57 701.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 251.49 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.77 701.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 313.48 701.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.81 701.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.93 701.10 Td (s ) Tj ET Q q 0 0 0 rg BT 344.76 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.14 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 392.85 701.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 440.79 701.10 Td (added ) Tj ET Q q 0 0 0 rg BT 467.61 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 480.55 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.71 701.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 542.53 701.10 Td (date\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 689.10 Td (other ) Tj ET Q q 0 0 0 rg BT 89.49 689.10 Td (non-or) Tj ET Q q 0 0 0 rg BT 115.96 689.10 Td (ganic ) Tj ET Q q 0 0 0 rg BT 140.12 689.10 Td (adjustments, ) Tj ET Q q 0 0 0 rg BT 192.89 689.10 Td (but ) Tj ET Q q 0 0 0 rg BT 208.17 689.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 244.00 689.10 Td (post-acquisition ) Tj ET Q q 0 0 0 rg BT 310.38 689.10 Td (date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.53 689.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 353.15 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 370.09 689.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 400.36 689.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 443.96 689.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 483.12 689.10 Td (or ) Tj ET Q q 0 0 0 rg BT 493.95 689.10 Td (losses.) Tj ET Q 1 1 1 rg /GS0 gs 53.00 664.60 326.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 620.60 326.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 620.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 620.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 620.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 590.60 326.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 590.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 590.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 590.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 590.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 590.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 560.60 326.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 560.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 560.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 560.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 560.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 560.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 530.60 326.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 530.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 530.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 530.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 500.60 326.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 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0 0 0 rg BT 419.15 669.05 Td (Y) Tj ET Q q 0 0 0 rg BT 425.15 669.05 Td (ear) Tj ET Q q 0 0 0 rg BT 437.06 669.05 Td ( ended December) Tj ET Q q 0 0 0 rg BT 503.38 669.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 655.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.00 655.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.60 655.05 Td (2016 \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.50 640.27 Td (Or) Tj ET Q q 0 0 0 rg BT 65.96 640.27 Td (ganic RGU additions \(losses\):) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.45 640.05 Td (pr) Tj ET Q q 0 0 0 rg BT 518.29 640.05 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 625.27 Td (V) Tj ET Q q 0 0 0 rg BT 68.42 625.27 Td (ideo:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 610.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 610.32 Td (\(58,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 610.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 610.32 Td (\(82,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 610.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 610.32 Td (\(98,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 610.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 595.27 Td (Enhanced) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 595.27 Td (18,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 595.27 Td (27,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 595.32 Td (\(14,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 595.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 580.27 Td (T) Tj ET Q q 0 0 0 rg BT 78.91 580.27 Td (otal video) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 580.32 Td (\(39,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 580.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 580.32 Td (\(55,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 580.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.30 580.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 526.63 580.32 Td (12,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 580.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 565.27 Td (Broadband internet) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 565.27 Td (50,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 565.27 Td (67,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 565.27 Td (87,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 550.27 Td (Fixed-line telephony) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 550.32 Td (\(51,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 550.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 550.27 Td (15,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 550.32 Td (\(2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 550.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 535.27 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 535.27 Td (otal or) Tj ET Q q 0 0 0 rg BT 98.55 535.27 Td (ganic RGU additions \(losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 535.32 Td (\(41,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 535.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 535.27 Td (26,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 535.32 Td (\(27,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 535.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.50 505.27 Td (Or) Tj ET Q q 0 0 0 rg BT 65.87 505.27 Td (ganic mobile subscriber additions \(losses\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 490.27 Td (Postpaid net additions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 490.27 Td (156,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 490.27 Td (21,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 490.27 Td (21,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 475.27 Td (Prepaid net losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 475.32 Td (\(78,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 475.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.30 475.32 Td (\(236,000) Tj ET 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rg BT 94.92 420.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 138.89 420.10 Td (information ) Tj ET Q q 0 0 0 rg BT 188.97 420.10 Td (for ) Tj ET Q q 0 0 0 rg BT 203.50 420.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 226.37 420.10 Td (is ) Tj ET Q q 0 0 0 rg BT 235.91 420.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 277.10 420.10 Td (on ) Tj ET Q q 0 0 0 rg BT 289.97 420.10 Td (a ) Tj ET Q q 0 0 0 rg BT 297.28 420.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 313.48 420.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 340.23 420.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 363.10 420.10 Td (that ) Tj ET Q q 0 0 0 rg BT 380.97 420.10 Td (gives ) Tj ET Q q 0 0 0 rg BT 404.95 420.10 Td (ef) Tj ET Q q 0 0 0 rg BT 412.54 420.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 430.39 420.10 Td (to ) Tj ET Q q 0 0 0 rg BT 441.04 420.10 Td (the ) Tj ET Q q 0 0 0 rg BT 456.13 420.10 Td (JV) Tj ET Q q 0 0 0 rg BT 467.06 420.10 Td ( ) Tj ET Q q 0 0 0 rg BT 469.73 420.10 Td (T) Tj ET Q q 0 0 0 rg BT 475.48 420.10 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 519.45 420.10 Td (as ) Tj ET Q q 0 0 0 rg BT 530.65 420.10 Td (if ) Tj ET Q q 0 0 0 rg BT 539.63 420.10 Td (it ) Tj ET Q q 0 0 0 rg BT 548.06 420.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 408.10 Td (been ) Tj ET Q q 0 0 0 rg BT 97.55 408.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 141.38 408.10 Td (as ) Tj ET Q q 0 0 0 rg BT 151.88 408.10 Td (of ) Tj ET Q q 0 0 0 rg BT 162.39 408.10 Td (January ) Tj ET Q q 0 0 0 rg BT 195.66 408.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 205.34 408.10 Td (2016. ) Tj ET Q q 0 0 0 rg BT 229.86 408.10 Td (These ) Tj ET Q q 0 0 0 rg BT 255.91 408.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 271.41 408.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 297.47 408.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 333.53 408.10 Td (are ) Tj ET Q q 0 0 0 rg BT 347.91 408.10 Td (not ) Tj ET Q q 0 0 0 rg BT 362.86 408.10 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 409.46 408.10 Td (indicative ) Tj ET Q q 0 0 0 rg BT 451.07 408.10 Td (of ) Tj ET Q q 0 0 0 rg BT 461.57 408.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.96 408.10 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 519.24 408.10 Td (results ) Tj ET Q q 0 0 0 rg BT 547.52 408.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 396.10 Td (would ) Tj ET Q q 0 0 0 rg BT 104.00 396.10 Td (have ) Tj ET Q q 0 0 0 rg BT 125.38 396.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 162.85 396.10 Td (if ) Tj ET Q q 0 0 0 rg BT 171.46 396.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.18 396.10 Td (JV) Tj ET Q q 0 0 0 rg BT 197.11 396.10 Td ( ) Tj ET Q q 0 0 0 rg BT 199.43 396.10 Td (T) Tj ET Q q 0 0 0 rg BT 205.19 396.10 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 248.78 396.10 Td (had ) Tj ET Q q 0 0 0 rg BT 265.72 396.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 303.19 396.10 Td (on ) Tj ET Q q 0 0 0 rg BT 315.69 396.10 Td (such ) Tj ET Q q 0 0 0 rg BT 336.52 396.10 Td (date.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 372.10 Td (V) Tj ET Q q 0 0 0 rg BT 72.87 372.10 Td (ideo ) Tj ET Q q 0 0 0 rg BT 93.35 372.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.33 372.10 Td (For ) Tj ET Q q 0 0 0 rg BT 148.49 372.10 Td (most ) Tj ET Q q 0 0 0 rg BT 171.21 372.10 Td (of ) Tj ET Q q 0 0 0 rg BT 182.81 372.10 Td (our ) Tj ET Q q 0 0 0 rg BT 199.40 372.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 245.72 372.10 Td (we ) Tj ET Q q 0 0 0 rg BT 260.65 372.10 Td (have ) Tj ET Q q 0 0 0 rg BT 282.80 372.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 323.82 372.10 Td (our ) Tj ET Q q 0 0 0 rg BT 340.42 372.10 Td (video ) Tj ET Q q 0 0 0 rg BT 365.90 372.10 Td (of) Tj ET Q q 0 0 0 rg BT 374.05 372.10 Td (ferings ) Tj ET Q q 0 0 0 rg BT 405.09 372.10 Td (with ) Tj ET Q q 0 0 0 rg BT 426.14 372.10 Td (various ) Tj ET Q q 0 0 0 rg BT 458.85 372.10 Td (products ) Tj ET Q q 0 0 0 rg BT 496.55 372.10 Td (that ) Tj ET Q q 0 0 0 rg BT 514.82 372.10 Td (enable ) Tj ET Q q 0 0 0 rg BT 544.18 372.10 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 92.28 360.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.30 360.10 Td (control ) Tj ET Q q 0 0 0 rg BT 132.86 360.10 Td (when ) Tj ET Q q 0 0 0 rg BT 156.76 360.10 Td (they ) Tj ET Q q 0 0 0 rg BT 176.22 360.10 Td (watch ) Tj ET Q q 0 0 0 rg BT 202.33 360.10 Td (their ) Tj ET Q q 0 0 0 rg BT 222.89 360.10 Td (programming. ) Tj ET Q q 0 0 0 rg BT 281.90 360.10 Td (These ) Tj ET Q q 0 0 0 rg BT 308.02 360.10 Td (products ) Tj ET Q q 0 0 0 rg BT 344.69 360.10 Td (range ) Tj ET Q q 0 0 0 rg BT 369.14 360.10 Td (from ) Tj ET Q q 0 0 0 rg BT 390.82 360.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 418.60 360.10 Td (video ) Tj ET Q q 0 0 0 rg BT 443.06 360.10 Td (recorders ) Tj ET Q q 0 0 0 rg BT 482.49 360.10 Td (to ) Tj ET Q q 0 0 0 rg BT 492.51 360.10 Td (multimedia ) Tj ET Q q 0 0 0 rg BT 540.30 360.10 Td (home ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.10 Td (gateway ) Tj ET Q q 0 0 0 rg BT 85.32 348.10 Td (systems ) Tj ET Q q 0 0 0 rg BT 119.49 348.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 152.52 348.10 Td (of ) Tj ET Q q 0 0 0 rg BT 163.35 348.10 Td (distributing ) Tj ET Q q 0 0 0 rg BT 211.96 348.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 239.18 348.10 Td (voice, ) Tj ET Q q 0 0 0 rg BT 265.83 348.10 Td (and ) Tj ET Q q 0 0 0 rg BT 282.77 348.10 Td (data ) Tj ET Q q 0 0 0 rg BT 301.93 348.10 Td (content ) Tj ET Q q 0 0 0 rg BT 333.86 348.10 Td (throughout ) Tj ET Q q 0 0 0 rg BT 380.25 348.10 Td (the ) Tj ET Q q 0 0 0 rg BT 394.96 348.10 Td (home ) Tj ET Q q 0 0 0 rg BT 419.68 348.10 Td (and ) Tj ET Q q 0 0 0 rg BT 436.62 348.10 Td (to ) Tj ET Q q 0 0 0 rg BT 446.90 348.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 482.73 348.10 Td (devices. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 324.10 Td (Br) Tj ET Q q 0 0 0 rg BT 77.13 324.10 Td (oadband ) Tj ET Q q 0 0 0 rg BT 114.00 324.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 146.97 324.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.55 324.10 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 232.08 324.10 Td (to ) Tj ET Q q 0 0 0 rg BT 241.72 324.10 Td (our ) Tj ET Q q 0 0 0 rg BT 256.92 324.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 300.44 324.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 344.52 324.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 376.93 324.10 Td (services ) Tj ET Q q 0 0 0 rg BT 411.01 324.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 450.08 324.10 Td (access ) Tj ET Q q 0 0 0 rg BT 477.48 324.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.57 324.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 523.98 324.10 Td (at ) Tj ET Q q 0 0 0 rg BT 533.07 324.10 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.10 Td (download ) Tj ET Q q 0 0 0 rg BT 91.56 312.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 120.85 312.10 Td (of ) Tj ET Q q 0 0 0 rg BT 131.80 312.10 Td (up ) Tj ET Q q 0 0 0 rg BT 144.43 312.10 Td (to) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.21 312.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.83 312.10 Td (400 ) Tj ET Q q 0 0 0 rg BT 172.45 312.10 Td (Mbps, ) Tj ET Q q 0 0 0 rg BT 200.36 312.10 Td (depending ) Tj ET Q q 0 0 0 rg BT 244.64 312.10 Td (on ) Tj ET Q q 0 0 0 rg BT 257.27 312.10 Td (network ) Tj ET Q q 0 0 0 rg BT 292.66 312.10 Td (capability ) Tj ET Q q 0 0 0 rg BT 334.71 312.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.78 312.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.62 312.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 382.57 312.10 Td (of ) Tj ET Q q 0 0 0 rg BT 393.52 312.10 Td (service ) Tj ET Q q 0 0 0 rg BT 424.46 312.10 Td (selected. ) Tj ET Q q 0 0 0 rg BT 461.60 312.10 Td (W) Tj ET Q q 0 0 0 rg BT 470.24 312.10 Td (e ) Tj ET Q q 0 0 0 rg BT 477.30 312.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 519.90 312.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 550.85 312.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.10 Td (each ) Tj ET Q q 0 0 0 rg BT 70.67 300.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 86.84 300.10 Td (of ) Tj ET Q q 0 0 0 rg BT 98.03 300.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 143.08 300.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 176.48 300.10 Td (service ) Tj ET Q q 0 0 0 rg BT 207.64 300.10 Td (through ) Tj ET Q q 0 0 0 rg BT 241.60 300.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 276.67 300.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.85 300.10 Td (speed, ) Tj ET Q q 0 0 0 rg BT 315.97 300.10 Td (market ) Tj ET Q q 0 0 0 rg BT 346.59 300.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 391.11 300.10 Td (and ) Tj ET Q q 0 0 0 rg BT 408.40 300.10 Td (other ) Tj ET Q q 0 0 0 rg BT 431.79 300.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 464.15 300.10 Td (W) Tj ET Q q 0 0 0 rg BT 472.79 300.10 Td (e ) Tj ET Q q 0 0 0 rg BT 480.08 300.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 517.36 300.10 Td (to ) Tj ET Q q 0 0 0 rg BT 527.99 300.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 554.73 300.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.10 Td (new ) Tj ET Q q 0 0 0 rg BT 68.66 288.10 Td (technologies ) Tj ET Q q 0 0 0 rg BT 121.70 288.10 Td (that ) Tj ET Q q 0 0 0 rg BT 139.20 288.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 163.91 288.10 Td (us ) Tj ET Q q 0 0 0 rg BT 175.31 288.10 Td (to ) Tj ET Q q 0 0 0 rg BT 185.58 288.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 220.84 288.10 Td (the ) Tj ET Q q 0 0 0 rg BT 235.55 288.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 268.60 288.10 Td (speeds ) Tj ET Q q 0 0 0 rg BT 297.76 288.10 Td (we ) Tj ET Q q 0 0 0 rg BT 311.92 288.10 Td (of) Tj ET Q q 0 0 0 rg BT 320.07 288.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 333.67 288.10 Td (to ) Tj ET Q q 0 0 0 rg BT 343.94 288.10 Td (our ) Tj ET Q q 0 0 0 rg BT 359.77 288.10 Td (customers. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 264.10 Td (Fixed-line ) Tj ET Q q 0 0 0 rg BT 111.61 264.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 153.50 264.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.23 264.10 Td (W) Tj ET Q q 0 0 0 rg BT 199.86 264.10 Td (e ) Tj ET Q q 0 0 0 rg BT 207.32 264.10 Td (of) Tj ET Q q 0 0 0 rg BT 215.47 264.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 229.59 264.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 271.48 264.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 313.93 264.10 Td (services ) Tj ET Q q 0 0 0 rg BT 349.16 264.10 Td (to ) Tj ET Q q 0 0 0 rg BT 359.95 264.10 Td (all ) Tj ET Q q 0 0 0 rg BT 372.97 264.10 Td (of ) Tj ET Q q 0 0 0 rg BT 384.32 264.10 Td (our ) Tj ET Q q 0 0 0 rg BT 400.67 264.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 445.89 264.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 515.01 264.10 Td (subscribers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.21 252.10 Td (using ) Tj ET Q q 0 0 0 rg BT 113.20 252.10 Td (V) Tj ET Q q 0 0 0 rg BT 119.13 252.10 Td (oIP) Tj ET Q q 0 0 0 rg BT 132.65 252.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.15 252.10 Td (technology) Tj ET Q q 0 0 0 rg BT 178.94 252.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 228.10 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 98.33 228.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.53 228.10 Td (Following ) Tj ET Q q 0 0 0 rg BT 179.15 228.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.87 228.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 225.25 228.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.08 228.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.80 228.10 Td (JV) Tj ET Q q 0 0 0 rg BT 261.73 228.10 Td ( ) Tj ET Q q 0 0 0 rg BT 264.05 228.10 Td (T) Tj ET Q q 0 0 0 rg BT 269.81 228.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.90 228.10 Td (, ) Tj ET Q q 0 0 0 rg BT 315.90 228.10 Td (we ) Tj ET Q q 0 0 0 rg BT 330.06 228.10 Td (of) Tj ET Q q 0 0 0 rg BT 338.21 228.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 351.81 228.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 382.08 228.10 Td (services ) Tj ET Q q 0 0 0 rg BT 416.79 228.10 Td (as ) Tj ET Q q 0 0 0 rg BT 427.62 228.10 Td (a ) Tj ET Q q 0 0 0 rg BT 434.56 228.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 464.83 228.10 Td (network ) Tj ET Q q 0 0 0 rg BT 500.10 228.10 Td (operator) Tj ET Q q 0 0 0 rg BT 532.87 228.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 204.10 Td (B2B) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 84.72 204.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.22 204.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.42 204.10 Td (W) Tj ET Q q 0 0 0 rg BT 133.06 204.10 Td (e ) Tj ET Q q 0 0 0 rg BT 140.00 204.10 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.05 204.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.39 204.10 Td ( ) Tj ET Q q 0 0 0 rg BT 193.89 204.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 231.09 204.10 Td (including ) Tj ET Q q 0 0 0 rg BT 271.37 204.10 Td (voice, ) Tj ET Q q 0 0 0 rg BT 298.02 204.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 342.73 204.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 378.27 204.10 Td (data, ) Tj ET Q q 0 0 0 rg BT 399.93 204.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 427.14 204.10 Td (wireless, ) Tj ET Q q 0 0 0 rg BT 464.91 204.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.85 204.10 Td (cloud ) Tj ET Q q 0 0 0 rg BT 506.57 204.10 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 180.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.67 180.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 125.94 180.10 Td (information ) Tj ET Q q 0 0 0 rg BT 175.43 180.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.02 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 230.52 180.10 Td (details ) Tj ET Q q 0 0 0 rg BT 258.90 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 269.50 180.10 Td (our ) Tj ET Q q 0 0 0 rg BT 285.11 180.10 Td (products ) Tj ET Q q 0 0 0 rg BT 321.83 180.10 Td (and ) Tj ET Q q 0 0 0 rg BT 338.54 180.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 375.53 180.10 Td (see ) Tj ET Q q 0 0 0 rg BT 390.58 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 405.07 180.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 409.51 180.10 Td (Business ) Tj ET Q q 0 0 0 rg BT 446.79 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 456.84 180.10 Td (V) Tj ET Q q 0 0 0 rg BT 461.84 180.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.40 180.10 Td ( ) Tj ET Q q 0 0 0 rg BT 524.12 180.10 Td (section ) Tj ET Q q 0 0 0 rg BT 554.72 180.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.10 Td (this ) Tj ET Q q 0 0 0 rg BT 66.45 168.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 95.60 168.10 Td (report.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 144.10 Td (Strategy ) Tj ET Q q 0 0 0 rg BT 94.89 144.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.95 144.10 Td (management ) Tj ET Q q 0 0 0 rg BT 168.78 144.10 Td (focus) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 120.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 120.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.67 120.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 115.63 120.10 Td (we ) Tj ET Q q 0 0 0 rg BT 130.39 120.10 Td (are ) Tj ET Q q 0 0 0 rg BT 145.68 120.10 Td (able ) Tj ET Q q 0 0 0 rg BT 165.43 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 176.30 120.10 Td (add ) Tj ET Q q 0 0 0 rg BT 193.83 120.10 Td (value ) Tj ET Q q 0 0 0 rg BT 218.58 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 229.45 120.10 Td (our ) Tj ET Q q 0 0 0 rg BT 245.87 120.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 289.51 120.10 Td (through ) Tj ET Q q 0 0 0 rg BT 323.71 120.10 Td (each ) Tj ET Q q 0 0 0 rg BT 345.12 120.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.65 120.10 Td (every ) Tj ET Q q 0 0 0 rg BT 387.95 120.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 434.92 120.10 Td (related ) Tj ET Q q 0 0 0 rg BT 465.21 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.08 120.10 Td (our ) Tj ET Q q 0 0 0 rg BT 492.50 120.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 520.31 120.10 Td (broadband ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 108.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 86.34 108.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 129.00 108.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 172.23 108.10 Td (and ) Tj ET Q q 0 0 0 rg BT 190.46 108.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 222.03 108.10 Td (services.W) Tj ET Q q 0 0 0 rg BT 265.38 108.10 Td (e ) Tj ET Q q 0 0 0 rg BT 273.61 108.10 Td (enable ) Tj ET Q q 0 0 0 rg BT 303.50 108.10 Td (our ) Tj ET Q q 0 0 0 rg BT 320.62 108.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 364.96 108.10 Td (to ) Tj ET Q q 0 0 0 rg BT 376.54 108.10 Td (connect ) Tj ET Q q 0 0 0 rg BT 411.42 108.10 Td (with ) Tj ET Q q 0 0 0 rg BT 433.00 108.10 Td (their ) Tj ET Q q 0 0 0 rg BT 455.12 108.10 Td (loved ) Tj ET Q q 0 0 0 rg BT 481.13 108.10 Td (ones ) Tj ET Q q 0 0 0 rg BT 503.25 108.10 Td (and ) Tj ET Q q 0 0 0 rg BT 521.49 108.10 Td (build ) Tj ET Q q 0 0 0 rg BT 545.84 108.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.10 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 98.33 96.10 Td (relationships ) Tj ET Q q 0 0 0 rg BT 152.72 96.10 Td (and ) Tj ET Q q 0 0 0 rg BT 170.44 96.10 Td (enjoy ) Tj ET Q q 0 0 0 rg BT 195.95 96.10 Td (fantastic ) Tj ET Q q 0 0 0 rg BT 233.10 96.10 Td (content ) Tj ET Q q 0 0 0 rg BT 265.82 96.10 Td (and ) Tj ET Q q 0 0 0 rg BT 283.55 96.10 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 341.81 96.10 Td (in ) Tj ET Q q 0 0 0 rg BT 352.87 96.10 Td (familiar ) Tj ET Q q 0 0 0 rg BT 387.81 96.10 Td (and ) Tj ET Q q 0 0 0 rg BT 405.54 96.10 Td (refreshing ) Tj ET Q q 0 0 0 rg BT 449.36 96.10 Td (ways ) Tj ET Q q 0 0 0 rg BT 473.20 96.10 Td (thereby ) Tj ET Q q 0 0 0 rg BT 506.47 96.10 Td (creating ) Tj ET Q q 0 0 0 rg BT 541.96 96.10 Td (more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 84.10 Td (satisfying ) Tj ET Q q 0 0 0 rg BT 90.89 84.10 Td (experiences ) Tj ET Q q 0 0 0 rg BT 140.58 84.10 Td (for ) Tj ET Q q 0 0 0 rg BT 154.74 84.10 Td (our ) Tj ET Q q 0 0 0 rg BT 170.57 84.10 Td (customers.) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 86.29 713.10 Td (formation ) Tj ET Q q 0 0 0 rg BT 128.97 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.55 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.78 713.10 Td (V) Tj ET Q q 0 0 0 rg BT 161.71 713.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 221.05 713.10 Td (JV) Tj ET Q q 0 0 0 rg BT 230.88 713.10 Td (, ) Tj ET Q q 0 0 0 rg BT 236.63 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 248.20 713.10 Td (which ) Tj ET Q q 0 0 0 rg BT 275.89 713.10 Td (we ) Tj ET Q q 0 0 0 rg BT 290.80 713.10 Td (are ) Tj ET Q q 0 0 0 rg BT 306.25 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 313.94 713.10 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 374.95 713.10 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 415.41 713.10 Td (, ) Tj ET Q q 0 0 0 rg BT 421.16 713.10 Td (created ) Tj ET Q q 0 0 0 rg BT 453.27 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 460.95 713.10 Td (national, ) Tj ET Q q 0 0 0 rg BT 498.91 713.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 521.04 713.10 Td (conver) Tj ET Q q 0 0 0 rg BT 548.07 713.10 Td (ged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (or) Tj ET Q q 0 0 0 rg BT 57.65 701.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 102.56 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 113.59 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.06 701.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 180.63 701.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 200.83 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 212.41 701.10 Td (such, ) Tj ET Q q 0 0 0 rg BT 236.50 701.10 Td (we ) Tj ET Q q 0 0 0 rg BT 251.42 701.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 283.54 701.10 Td (we ) Tj ET Q q 0 0 0 rg BT 298.46 701.10 Td (are ) Tj ET Q q 0 0 0 rg BT 313.92 701.10 Td (able ) Tj ET Q q 0 0 0 rg BT 333.83 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.87 701.10 Td (better ) Tj ET Q q 0 0 0 rg BT 370.89 701.10 Td (serve ) Tj ET Q q 0 0 0 rg BT 395.24 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 411.83 701.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 455.63 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 473.33 701.10 Td (compete ) Tj ET Q q 0 0 0 rg BT 510.45 701.10 Td (with ) Tj ET Q q 0 0 0 rg BT 531.49 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 548.07 701.10 Td (key ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (competitors.) Tj ET Q q 0 0 0 rg BT 101.16 689.10 Td (As ) Tj ET Q q 0 0 0 rg BT 114.72 689.10 Td (a ) Tj ET Q q 0 0 0 rg BT 121.60 689.10 Td (conver) Tj ET Q q 0 0 0 rg BT 148.63 689.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 165.52 689.10 Td (company) Tj ET Q q 0 0 0 rg BT 201.52 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 206.47 689.10 Td (we ) Tj ET Q q 0 0 0 rg BT 220.57 689.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 249.11 689.10 Td (we ) Tj ET Q q 0 0 0 rg BT 263.22 689.10 Td (will ) Tj ET Q q 0 0 0 rg BT 281.22 689.10 Td (be ) Tj ET Q q 0 0 0 rg BT 293.11 689.10 Td (able ) Tj ET Q q 0 0 0 rg BT 312.21 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 322.43 689.10 Td (create ) Tj ET Q q 0 0 0 rg BT 348.74 689.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 379.52 689.10 Td (opportunities, ) Tj ET Q q 0 0 0 rg BT 437.24 689.10 Td (including ) Tj ET Q q 0 0 0 rg BT 477.46 689.10 Td (quad-play) Tj ET Q q 0 0 0 rg BT 516.79 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 521.74 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 538.63 689.10 Td (cross-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (selling ) Tj ET Q q 0 0 0 rg BT 79.31 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 96.90 677.10 Td (upselling ) Tj ET Q q 0 0 0 rg BT 136.71 677.10 Td (opportunities. ) Tj ET Q q 0 0 0 rg BT 194.90 677.10 Td (W) Tj ET Q q 0 0 0 rg BT 203.54 677.10 Td (e ) Tj ET Q q 0 0 0 rg BT 211.13 677.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 240.37 677.10 Td (that ) Tj ET Q q 0 0 0 rg BT 258.51 677.10 Td (we ) Tj ET Q q 0 0 0 rg BT 273.32 677.10 Td (will ) Tj ET Q q 0 0 0 rg BT 292.02 677.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 328.49 677.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 368.29 677.10 Td (satisfaction ) Tj ET Q q 0 0 0 rg BT 416.98 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 434.57 677.10 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 465.49 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.41 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 492.89 677.10 Td (company ) Tj ET Q q 0 0 0 rg BT 532.69 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.28 677.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (services ) Tj ET Q q 0 0 0 rg BT 84.26 665.10 Td (we ) Tj ET Q q 0 0 0 rg BT 98.48 665.10 Td (provide. ) Tj ET Q q 0 0 0 rg BT 134.09 665.10 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 189.13 665.10 Td (we ) Tj ET Q q 0 0 0 rg BT 203.35 665.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 232.00 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 242.33 665.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 278.75 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.53 665.10 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 339.96 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.96 665.10 Td (expertise ) Tj ET Q q 0 0 0 rg BT 395.61 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.50 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 422.39 665.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 457.71 665.10 Td (parent ) Tj ET Q q 0 0 0 rg BT 485.26 665.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 533.08 665.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.22 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 95.97 653.10 Td (V) Tj ET Q q 0 0 0 rg BT 101.91 653.10 Td (odafone, ) Tj ET Q q 0 0 0 rg BT 139.11 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 149.94 653.10 Td (well ) Tj ET Q q 0 0 0 rg BT 169.66 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 180.49 653.10 Td (realize ) Tj ET Q q 0 0 0 rg BT 209.63 653.10 Td (syner) Tj ET Q q 0 0 0 rg BT 231.11 653.10 Td (gies ) Tj ET Q q 0 0 0 rg BT 249.72 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 260.55 653.10 Td (we ) Tj ET Q q 0 0 0 rg BT 274.71 653.10 Td (begin ) Tj ET Q q 0 0 0 rg BT 299.43 653.10 Td (integrating ) Tj ET Q q 0 0 0 rg BT 345.25 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.19 653.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 402.45 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 413.28 653.10 Td (one ) Tj ET Q q 0 0 0 rg BT 430.22 653.10 Td (conver) Tj ET Q q 0 0 0 rg BT 457.24 653.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 474.18 653.10 Td (company) Tj ET Q q 0 0 0 rg BT 510.19 653.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 623.70 Td (From ) Tj ET Q q 0 0 0 rg BT 90.86 623.70 Td (a ) Tj ET Q q 0 0 0 rg BT 96.99 623.70 Td (strategic ) Tj ET Q q 0 0 0 rg BT 132.55 623.70 Td (perspective, ) Tj ET Q q 0 0 0 rg BT 182.28 623.70 Td (we ) Tj ET Q q 0 0 0 rg BT 195.63 623.70 Td (are ) Tj ET Q q 0 0 0 rg BT 209.53 623.70 Td (seeking ) Tj ET Q q 0 0 0 rg BT 241.76 623.70 Td (to ) Tj ET Q q 0 0 0 rg BT 251.23 623.70 Td (build ) Tj ET Q q 0 0 0 rg BT 273.48 623.70 Td (broadband ) Tj ET Q q 0 0 0 rg BT 317.38 623.70 Td (communications ) Tj ET Q q 0 0 0 rg BT 385.17 623.70 Td (and ) Tj ET Q q 0 0 0 rg BT 401.30 623.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 430.76 623.70 Td (business ) Tj ET Q q 0 0 0 rg BT 466.34 623.70 Td (that ) Tj ET Q q 0 0 0 rg BT 483.03 623.70 Td (has ) Tj ET Q q 0 0 0 rg BT 498.05 623.70 Td (strong ) Tj ET Q q 0 0 0 rg BT 524.74 623.70 Td (prospects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.70 Td (for ) Tj ET Q q 0 0 0 rg BT 63.66 611.70 Td (future ) Tj ET Q q 0 0 0 rg BT 90.04 611.70 Td (growth.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 587.70 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 587.70 Td (e ) Tj ET Q q 0 0 0 rg BT 85.33 587.70 Td (strive ) Tj ET Q q 0 0 0 rg BT 112.31 587.70 Td (to ) Tj ET Q q 0 0 0 rg BT 124.84 587.70 Td (achieve ) Tj ET Q q 0 0 0 rg BT 160.13 587.70 Td (or) Tj ET Q q 0 0 0 rg BT 168.28 587.70 Td (ganic ) Tj ET Q q 0 0 0 rg BT 194.70 587.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 231.10 587.70 Td (and ) Tj ET Q q 0 0 0 rg BT 250.30 587.70 Td (customer ) Tj ET Q q 0 0 0 rg BT 291.71 587.70 Td (growth ) Tj ET Q q 0 0 0 rg BT 324.80 587.70 Td (in ) Tj ET Q q 0 0 0 rg BT 337.33 587.70 Td (our ) Tj ET Q q 0 0 0 rg BT 355.42 587.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 401.83 587.70 Td (by ) Tj ET Q q 0 0 0 rg BT 416.59 587.70 Td (developing ) Tj ET Q q 0 0 0 rg BT 465.78 587.70 Td (and ) Tj ET Q q 0 0 0 rg BT 484.98 587.70 Td (marketing ) Tj ET Q q 0 0 0 rg BT 530.28 587.70 Td (bundled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.70 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 107.78 575.70 Td (and ) Tj ET Q q 0 0 0 rg BT 125.52 575.70 Td (information ) Tj ET Q q 0 0 0 rg BT 176.03 575.70 Td (and ) Tj ET Q q 0 0 0 rg BT 193.77 575.70 Td (communications ) Tj ET Q q 0 0 0 rg BT 263.17 575.70 Td (services, ) Tj ET Q q 0 0 0 rg BT 301.18 575.70 Td (and ) Tj ET Q q 0 0 0 rg BT 318.92 575.70 Td (extending ) Tj ET Q q 0 0 0 rg BT 361.66 575.70 Td (and ) Tj ET Q q 0 0 0 rg BT 379.40 575.70 Td (upgrading ) Tj ET Q q 0 0 0 rg BT 423.25 575.70 Td (the ) Tj ET Q q 0 0 0 rg BT 438.77 575.70 Td (quality ) Tj ET Q q 0 0 0 rg BT 469.84 575.70 Td (of ) Tj ET Q q 0 0 0 rg BT 481.48 575.70 Td (our ) Tj ET Q q 0 0 0 rg BT 498.11 575.70 Td (networks ) Tj ET Q q 0 0 0 rg BT 538.07 575.70 Td (where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.70 Td (appropriate. ) Tj ET Q q 0 0 0 rg BT 99.00 563.70 Td (While ) Tj ET Q q 0 0 0 rg BT 125.02 563.70 Td (we ) Tj ET Q q 0 0 0 rg BT 138.26 563.70 Td (seek ) Tj ET Q q 0 0 0 rg BT 157.61 563.70 Td (to ) Tj ET Q q 0 0 0 rg BT 166.98 563.70 Td (obtain ) Tj ET Q q 0 0 0 rg BT 193.55 563.70 Td (new ) Tj ET Q q 0 0 0 rg BT 211.80 563.70 Td (customers, ) Tj ET Q q 0 0 0 rg BT 256.43 563.70 Td (we ) Tj ET Q q 0 0 0 rg BT 269.67 563.70 Td (also ) Tj ET Q q 0 0 0 rg BT 287.36 563.70 Td (seek ) Tj ET Q q 0 0 0 rg BT 306.72 563.70 Td (to ) Tj ET Q q 0 0 0 rg BT 316.08 563.70 Td (maximize ) Tj ET Q q 0 0 0 rg BT 357.09 563.70 Td (the ) Tj ET Q q 0 0 0 rg BT 370.89 563.70 Td (average ) Tj ET Q q 0 0 0 rg BT 403.56 563.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 436.79 563.70 Td (we ) Tj ET Q q 0 0 0 rg BT 450.03 563.70 Td (receive ) Tj ET Q q 0 0 0 rg BT 480.48 563.70 Td (from ) Tj ET Q q 0 0 0 rg BT 501.50 563.70 Td (each ) Tj ET Q q 0 0 0 rg BT 521.40 563.70 Td (household ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.70 Td (by ) Tj ET Q q 0 0 0 rg BT 63.03 551.70 Td (increasing ) Tj ET Q q 0 0 0 rg BT 107.65 551.70 Td (the ) Tj ET Q q 0 0 0 rg BT 123.40 551.70 Td (penetration ) Tj ET Q q 0 0 0 rg BT 171.91 551.70 Td (of ) Tj ET Q q 0 0 0 rg BT 183.77 551.70 Td (our ) Tj ET Q q 0 0 0 rg BT 200.63 551.70 Td (digital ) Tj ET Q q 0 0 0 rg BT 229.71 551.70 Td (cable, ) Tj ET Q q 0 0 0 rg BT 256.84 551.70 Td (broadband ) Tj ET Q q 0 0 0 rg BT 302.58 551.70 Td (internet, ) Tj ET Q q 0 0 0 rg BT 339.15 551.70 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 381.55 551.70 Td (telephony ) Tj ET Q q 0 0 0 rg BT 424.51 551.70 Td (and ) Tj ET Q q 0 0 0 rg BT 442.48 551.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 473.79 551.70 Td (services ) Tj ET Q q 0 0 0 rg BT 509.52 551.70 Td (with ) Tj ET Q q 0 0 0 rg BT 530.83 551.70 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.70 Td (customers ) Tj ET Q q 0 0 0 rg BT 92.55 539.70 Td (through ) Tj ET Q q 0 0 0 rg BT 126.16 539.70 Td (product ) Tj ET Q q 0 0 0 rg BT 159.20 539.70 Td (bundling ) Tj ET Q q 0 0 0 rg BT 197.26 539.70 Td (and ) Tj ET Q q 0 0 0 rg BT 214.20 539.70 Td (upselling ) Tj ET Q q 0 0 0 rg BT 253.36 539.70 Td (towards ) Tj ET Q q 0 0 0 rg BT 287.52 539.70 Td (a ) Tj ET Q q 0 0 0 rg BT 294.46 539.70 Td (conver) Tj ET Q q 0 0 0 rg BT 321.49 539.70 Td (ged ) Tj ET Q q 0 0 0 rg BT 338.43 539.70 Td (product ) Tj ET Q q 0 0 0 rg BT 371.47 539.70 Td (of) Tj ET Q q 0 0 0 rg BT 379.62 539.70 Td (fering.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 515.70 Td (Competition ) Tj ET Q q 0 0 0 rg BT 111.56 515.70 Td (and ) Tj ET Q q 0 0 0 rg BT 129.62 515.70 Td (Other ) Tj ET Q q 0 0 0 rg BT 156.01 515.70 Td (External ) Tj ET Q q 0 0 0 rg BT 194.63 515.70 Td (Factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 491.70 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 491.70 Td (e ) Tj ET Q q 0 0 0 rg BT 83.60 491.70 Td (are ) Tj ET Q q 0 0 0 rg BT 98.82 491.70 Td (experiencing ) Tj ET Q q 0 0 0 rg BT 153.48 491.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 198.71 491.70 Td (competition ) Tj ET Q q 0 0 0 rg BT 249.50 491.70 Td (from ) Tj ET Q q 0 0 0 rg BT 271.96 491.70 Td (an ) Tj ET Q q 0 0 0 rg BT 284.41 491.70 Td (incumbent ) Tj ET Q q 0 0 0 rg BT 329.65 491.70 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 413.20 491.70 Td (operator ) Tj ET Q q 0 0 0 rg BT 449.53 491.70 Td (and/or ) Tj ET Q q 0 0 0 rg BT 478.10 491.70 Td (other ) Tj ET Q q 0 0 0 rg BT 501.66 491.70 Td (providers. ) Tj ET Q q 0 0 0 rg BT 544.73 491.70 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 93.61 479.70 Td (competition, ) Tj ET Q q 0 0 0 rg BT 145.77 479.70 Td (together ) Tj ET Q q 0 0 0 rg BT 180.44 479.70 Td (with ) Tj ET Q q 0 0 0 rg BT 200.11 479.70 Td (the ) Tj ET Q q 0 0 0 rg BT 214.22 479.70 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 279.98 479.70 Td (factors, ) Tj ET Q q 0 0 0 rg BT 311.58 479.70 Td (has ) Tj ET Q q 0 0 0 rg BT 326.81 479.70 Td (adversely ) Tj ET Q q 0 0 0 rg BT 367.02 479.70 Td (impacted ) Tj ET Q q 0 0 0 rg BT 405.57 479.70 Td (our ) Tj ET Q q 0 0 0 rg BT 420.80 479.70 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 456.84 479.70 Td (RGU ) Tj ET Q q 0 0 0 rg BT 479.85 479.70 Td (and ) Tj ET Q q 0 0 0 rg BT 496.18 479.70 Td (average ) Tj ET Q q 0 0 0 rg BT 529.17 479.70 Td (monthly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 101.14 467.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.54 467.70 Td (per ) Tj ET Q q 0 0 0 rg BT 151.07 467.70 Td (average ) Tj ET Q q 0 0 0 rg BT 184.91 467.70 Td (cable ) Tj ET Q q 0 0 0 rg BT 208.76 467.70 Td (RGU ) Tj ET Q q 0 0 0 rg BT 232.63 467.70 Td (or ) Tj ET Q q 0 0 0 rg BT 243.72 467.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 274.25 467.70 Td (subscriber) Tj ET Q q 0 0 0 rg BT 314.94 467.70 Td (, ) Tj ET Q q 0 0 0 rg BT 320.20 467.70 Td (as ) Tj ET Q q 0 0 0 rg BT 331.29 467.70 Td (applicable ) Tj ET Q q 0 0 0 rg BT 375.13 467.70 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.46 467.70 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.24 467.70 Td (\). ) Tj ET Q q 0 0 0 rg BT 414.82 467.70 Td (For ) Tj ET Q q 0 0 0 rg BT 431.47 467.70 Td (additional ) Tj ET Q q 0 0 0 rg BT 474.22 467.70 Td (information ) Tj ET Q q 0 0 0 rg BT 524.19 467.70 Td (regarding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.70 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 455.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 98.36 455.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 128.07 455.70 Td (of ) Tj ET Q q 0 0 0 rg BT 138.90 455.70 Td (changes ) Tj ET Q q 0 0 0 rg BT 173.61 455.70 Td (in ) Tj ET Q q 0 0 0 rg BT 183.89 455.70 Td (the ) Tj ET Q q 0 0 0 rg BT 198.61 455.70 Td (RGU ) Tj ET Q q 0 0 0 rg BT 222.22 455.70 Td (and ) Tj ET Q q 0 0 0 rg BT 238.61 455.70 Td (ARPU, ) Tj ET Q q 0 0 0 rg BT 270.28 455.70 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 285.55 455.70 Td (Results ) Tj ET Q q 0 0 0 rg BT 316.94 455.70 Td (of ) Tj ET Q q 0 0 0 rg BT 327.21 455.70 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.21 455.70 Td ( ) Tj ET Q q 0 0 0 rg BT 374.71 455.70 Td (below) Tj ET Q q 0 0 0 rg BT 398.50 455.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 431.70 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.51 431.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 115.75 431.70 Td (and ) Tj ET Q q 0 0 0 rg BT 132.65 431.70 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 173.98 431.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 218.10 431.70 Td (are ) Tj ET Q q 0 0 0 rg BT 232.76 431.70 Td (experiencing ) Tj ET Q q 0 0 0 rg BT 286.87 431.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 331.54 431.70 Td (competition. ) Tj ET Q q 0 0 0 rg BT 384.27 431.70 Td (In ) Tj ET Q q 0 0 0 rg BT 395.06 431.70 Td (particular) Tj ET Q q 0 0 0 rg BT 432.97 431.70 Td (, ) Tj ET Q q 0 0 0 rg BT 437.93 431.70 Td (our ) Tj ET Q q 0 0 0 rg BT 453.72 431.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 483.96 431.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 528.07 431.70 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.70 Td (to ) Tj ET Q q 0 0 0 rg BT 60.19 419.70 Td (experience ) Tj ET Q q 0 0 0 rg BT 106.41 419.70 Td (pressure ) Tj ET Q q 0 0 0 rg BT 142.65 419.70 Td (on ) Tj ET Q q 0 0 0 rg BT 155.57 419.70 Td (pricing, ) Tj ET Q q 0 0 0 rg BT 189.31 419.70 Td (characterized ) Tj ET Q q 0 0 0 rg BT 245.51 419.70 Td (by ) Tj ET Q q 0 0 0 rg BT 258.43 419.70 Td (aggressive ) Tj ET Q q 0 0 0 rg BT 303.55 419.70 Td (promotion ) Tj ET Q q 0 0 0 rg BT 348.13 419.70 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 396.31 419.70 Td (heavy ) Tj ET Q q 0 0 0 rg BT 423.10 419.70 Td (marketing ) Tj ET Q q 0 0 0 rg BT 466.56 419.70 Td (spend ) Tj ET Q q 0 0 0 rg BT 492.81 419.70 Td (and ) Tj ET Q q 0 0 0 rg BT 510.17 419.70 Td (increasing ) Tj ET Q q 0 0 0 rg BT 554.18 419.70 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.70 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 90.37 407.70 Td (data ) Tj ET Q q 0 0 0 rg BT 109.56 407.70 Td (bundles. ) Tj ET Q q 0 0 0 rg BT 145.70 407.70 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 200.73 407.70 Td (there ) Tj ET Q q 0 0 0 rg BT 223.25 407.70 Td (is ) Tj ET Q q 0 0 0 rg BT 232.45 407.70 Td (increasing ) Tj ET Q q 0 0 0 rg BT 276.08 407.70 Td (competition ) Tj ET Q q 0 0 0 rg BT 326.39 407.70 Td (from ) Tj ET Q q 0 0 0 rg BT 348.36 407.70 Td (MVNOs ) Tj ET Q q 0 0 0 rg BT 385.35 407.70 Td (that ) Tj ET Q q 0 0 0 rg BT 402.88 407.70 Td (focus ) Tj ET Q q 0 0 0 rg BT 427.08 407.70 Td (on ) Tj ET Q q 0 0 0 rg BT 439.61 407.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 469.35 407.70 Td (niche ) Tj ET Q q 0 0 0 rg BT 493.55 407.70 Td (segments ) Tj ET Q q 0 0 0 rg BT 533.30 407.70 Td (such ) Tj ET Q q 0 0 0 rg BT 554.17 407.70 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.70 Td (no ) Tj ET Q q 0 0 0 rg BT 62.00 395.70 Td (frill, ) Tj ET Q q 0 0 0 rg BT 82.00 395.70 Td (youth ) Tj ET Q q 0 0 0 rg BT 107.27 395.70 Td (or ) Tj ET Q q 0 0 0 rg BT 118.10 395.70 Td (ethnic ) Tj ET Q q 0 0 0 rg BT 145.04 395.70 Td (markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 373.70 Td (On ) Tj ET Q q 0 0 0 rg BT 81.46 373.70 Td (November ) Tj ET Q q 0 0 0 rg BT 125.40 373.70 Td (27, ) Tj ET Q q 0 0 0 rg BT 139.63 373.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 163.87 373.70 Td (the ) Tj ET Q q 0 0 0 rg BT 177.82 373.70 Td (European ) Tj ET Q q 0 0 0 rg BT 217.87 373.70 Td (Commission ) Tj ET Q q 0 0 0 rg BT 270.17 373.70 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.50 373.70 Td (EC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.39 373.70 Td (\) ) Tj ET Q q 0 0 0 rg BT 292.46 373.70 Td (approved ) Tj ET Q q 0 0 0 rg BT 331.40 373.70 Td (the ) Tj ET Q q 0 0 0 rg BT 345.35 373.70 Td (mer) Tj ET Q q 0 0 0 rg BT 360.72 373.70 Td (ger ) Tj ET Q q 0 0 0 rg BT 375.22 373.70 Td (of ) Tj ET Q q 0 0 0 rg BT 385.16 373.70 Td (T) Tj ET Q q 0 0 0 rg BT 390.57 373.70 Td (ele2 ) Tj ET Q q 0 0 0 rg BT 408.96 373.70 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 459.01 373.70 Td (and ) Tj ET Q q 0 0 0 rg BT 475.06 373.70 Td (T) Tj ET Q q 0 0 0 rg BT 480.25 373.70 Td (-Mobile ) Tj ET Q q 0 0 0 rg BT 514.20 373.70 Td (Netherlands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.70 Td (without ) Tj ET Q q 0 0 0 rg BT 82.56 361.70 Td (conditions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 339.70 Td (Ef) Tj ET Q q 0 0 0 rg BT 76.76 339.70 Td (fective ) Tj ET Q q 0 0 0 rg BT 106.56 339.70 Td (June ) Tj ET Q q 0 0 0 rg BT 127.50 339.70 Td (15, ) Tj ET Q q 0 0 0 rg BT 142.60 339.70 Td (2017, ) Tj ET Q q 0 0 0 rg BT 167.71 339.70 Td (consumers ) Tj ET Q q 0 0 0 rg BT 213.08 339.70 Td (are ) Tj ET Q q 0 0 0 rg BT 227.90 339.70 Td (able ) Tj ET Q q 0 0 0 rg BT 247.16 339.70 Td (to ) Tj ET Q q 0 0 0 rg BT 257.54 339.70 Td (use ) Tj ET Q q 0 0 0 rg BT 273.47 339.70 Td (their ) Tj ET Q q 0 0 0 rg BT 294.40 339.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 324.78 339.70 Td (device ) Tj ET Q q 0 0 0 rg BT 353.48 339.70 Td (when ) Tj ET Q q 0 0 0 rg BT 377.75 339.70 Td (traveling ) Tj ET Q q 0 0 0 rg BT 415.89 339.70 Td (in ) Tj ET Q q 0 0 0 rg BT 426.28 339.70 Td (the ) Tj ET Q q 0 0 0 rg BT 441.10 339.70 Td (European ) Tj ET Q q 0 0 0 rg BT 482.02 339.70 Td (Union ) Tj ET Q q 0 0 0 rg BT 509.62 339.70 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.95 339.70 Td (EU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.85 339.70 Td (\), ) Tj ET Q q 0 0 0 rg BT 535.28 339.70 Td (paying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.70 Td (the ) Tj ET Q q 0 0 0 rg BT 64.35 327.70 Td (same ) Tj ET Q q 0 0 0 rg BT 87.53 327.70 Td (prices ) Tj ET Q q 0 0 0 rg BT 114.04 327.70 Td (as ) Tj ET Q q 0 0 0 rg BT 125.00 327.70 Td (at ) Tj ET Q q 0 0 0 rg BT 134.85 327.70 Td (home ) Tj ET Q q 0 0 0 rg BT 159.70 327.70 Td (\(i.e. ) Tj ET Q q 0 0 0 rg BT 177.88 327.70 Td (to ) Tj ET Q q 0 0 0 rg BT 188.30 327.70 Td ("Roam ) Tj ET Q q 0 0 0 rg BT 218.90 327.70 Td (like ) Tj ET Q q 0 0 0 rg BT 236.53 327.70 Td (at ) Tj ET Q q 0 0 0 rg BT 246.38 327.70 Td (Home."\). ) Tj ET Q q 0 0 0 rg BT 285.28 327.70 Td (Any ) Tj ET Q q 0 0 0 rg BT 305.13 327.70 Td (voice ) Tj ET Q q 0 0 0 rg BT 329.42 327.70 Td (call ) Tj ET Q q 0 0 0 rg BT 346.49 327.70 Td (or ) Tj ET Q q 0 0 0 rg BT 357.45 327.70 Td (SMS ) Tj ET Q q 0 0 0 rg BT 380.10 327.70 Td (and ) Tj ET Q q 0 0 0 rg BT 397.17 327.70 Td (data ) Tj ET Q q 0 0 0 rg BT 416.46 327.70 Td (session ) Tj ET Q q 0 0 0 rg BT 447.99 327.70 Td (made ) Tj ET Q q 0 0 0 rg BT 472.27 327.70 Td (while ) Tj ET Q q 0 0 0 rg BT 497.12 327.70 Td (traveling ) Tj ET Q q 0 0 0 rg BT 535.30 327.70 Td (abroad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.70 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 315.70 Td (the ) Tj ET Q q 0 0 0 rg BT 74.40 315.70 Td (EU ) Tj ET Q q 0 0 0 rg BT 90.18 315.70 Td (will ) Tj ET Q q 0 0 0 rg BT 108.19 315.70 Td (be ) Tj ET Q q 0 0 0 rg BT 120.08 315.70 Td (deducted ) Tj ET Q q 0 0 0 rg BT 158.63 315.70 Td (from ) Tj ET Q q 0 0 0 rg BT 180.52 315.70 Td (the ) Tj ET Q q 0 0 0 rg BT 195.19 315.70 Td (monthly ) Tj ET Q q 0 0 0 rg BT 230.98 315.70 Td (package ) Tj ET Q q 0 0 0 rg BT 266.18 315.70 Td (of ) Tj ET Q q 0 0 0 rg BT 276.97 315.70 Td (minutes, ) Tj ET Q q 0 0 0 rg BT 313.58 315.70 Td (SMS ) Tj ET Q q 0 0 0 rg BT 336.05 315.70 Td (and ) Tj ET Q q 0 0 0 rg BT 352.94 315.70 Td (data ) Tj ET Q q 0 0 0 rg BT 372.05 315.70 Td (in ) Tj ET Q q 0 0 0 rg BT 382.28 315.70 Td (the ) Tj ET Q q 0 0 0 rg BT 396.95 315.70 Td (home ) Tj ET Q q 0 0 0 rg BT 421.62 315.70 Td (country ) Tj ET Q q 0 0 0 rg BT 454.62 315.70 Td (with ) Tj ET Q q 0 0 0 rg BT 474.85 315.70 Td (no ) Tj ET Q q 0 0 0 rg BT 487.30 315.70 Td (extra ) Tj ET Q q 0 0 0 rg BT 509.74 315.70 Td (char) Tj ET Q q 0 0 0 rg BT 526.77 315.70 Td (ges. ) Tj ET Q q 0 0 0 rg BT 544.51 315.70 Td (As ) Tj ET Q q 0 0 0 rg BT 558.08 315.70 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.70 Td (result ) Tj ET Q q 0 0 0 rg BT 74.22 303.70 Td (of ) Tj ET Q q 0 0 0 rg BT 85.05 303.70 Td (this ) Tj ET Q q 0 0 0 rg BT 102.00 303.70 Td (change, ) Tj ET Q q 0 0 0 rg BT 135.31 303.70 Td (our ) Tj ET Q q 0 0 0 rg BT 151.14 303.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 189.18 303.70 Td (from ) Tj ET Q q 0 0 0 rg BT 211.12 303.70 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 248.60 303.70 Td (roaming ) Tj ET Q q 0 0 0 rg BT 284.43 303.70 Td (have ) Tj ET Q q 0 0 0 rg BT 305.80 303.70 Td (declined. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 281.70 Td (Further) Tj ET Q q 0 0 0 rg BT 96.54 281.70 Td (, ) Tj ET Q q 0 0 0 rg BT 101.50 281.70 Td (in ) Tj ET Q q 0 0 0 rg BT 111.75 281.70 Td (May ) Tj ET Q q 0 0 0 rg BT 132.54 281.70 Td (2017 ) Tj ET Q q 0 0 0 rg BT 155.01 281.70 Td (the ) Tj ET Q q 0 0 0 rg BT 169.69 281.70 Td (EC ) Tj ET Q q 0 0 0 rg BT 184.94 281.70 Td (approved ) Tj ET Q q 0 0 0 rg BT 224.61 281.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 254.28 281.70 Td (tarif) Tj ET Q q 0 0 0 rg BT 270.75 281.70 Td (f ) Tj ET Q q 0 0 0 rg BT 276.55 281.70 Td (ceilings ) Tj ET Q q 0 0 0 rg BT 310.12 281.70 Td (of ) Tj ET Q q 0 0 0 rg BT 320.91 281.70 Td (0.00139 ) Tj ET Q q 0 0 0 rg BT 360.88 281.70 Td (per ) Tj ET Q q 0 0 0 rg BT 376.11 281.70 Td (minute ) Tj ET Q q 0 0 0 rg BT 406.35 281.70 Td (for ) Tj ET Q q 0 0 0 rg BT 420.48 281.70 Td (fixed ) Tj ET Q q 0 0 0 rg BT 443.49 281.70 Td (and ) Tj ET Q q 0 0 0 rg BT 460.40 281.70 Td (0.005819 ) Tj ET Q q 0 0 0 rg BT 505.36 281.70 Td (per ) Tj ET Q q 0 0 0 rg BT 520.60 281.70 Td (minute ) Tj ET Q q 0 0 0 rg BT 550.83 281.70 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 80.72 269.70 Td (calls ) Tj ET Q q 0 0 0 rg BT 102.50 269.70 Td (ef) Tj ET Q q 0 0 0 rg BT 110.08 269.70 Td (fective ) Tj ET Q q 0 0 0 rg BT 140.73 269.70 Td (July ) Tj ET Q q 0 0 0 rg BT 160.85 269.70 Td (12, ) Tj ET Q q 0 0 0 rg BT 176.80 269.70 Td (2017. ) Tj ET Q q 0 0 0 rg BT 201.99 269.70 Td (As ) Tj ET Q q 0 0 0 rg BT 216.55 269.70 Td (a ) Tj ET Q q 0 0 0 rg BT 224.44 269.70 Td (result ) Tj ET Q q 0 0 0 rg BT 250.10 269.70 Td (of ) Tj ET Q q 0 0 0 rg BT 261.88 269.70 Td (these ) Tj ET Q q 0 0 0 rg BT 285.88 269.70 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 317.96 269.70 Td (T) Tj ET Q q 0 0 0 rg BT 323.38 269.70 Td (ermination/ ) Tj ET Q q 0 0 0 rg BT 372.92 269.70 Td (Fixed-line ) Tj ET Q q 0 0 0 rg BT 417.23 269.70 Td (T) Tj ET Q q 0 0 0 rg BT 422.64 269.70 Td (ermination ) Tj ET Q q 0 0 0 rg BT 469.40 269.70 Td (Rate ) Tj ET Q q 0 0 0 rg BT 491.18 269.70 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.51 269.70 Td (MTR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.84 269.70 Td ( ) Tj ET Q q 0 0 0 rg BT 521.29 269.70 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.17 269.70 Td (FTR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.17 269.70 Td (\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.70 Td (regulations, ) Tj ET Q q 0 0 0 rg BT 98.93 257.70 Td (our ) Tj ET Q q 0 0 0 rg BT 114.76 257.70 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 156.14 257.70 Td (and ) Tj ET Q q 0 0 0 rg BT 173.07 257.70 Td (mobile ) Tj ET Q q 0 0 0 rg BT 203.35 257.70 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 255.27 257.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 289.41 257.70 Td (has ) Tj ET Q q 0 0 0 rg BT 305.24 257.70 Td (declined. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 235.70 Td (Ef) Tj ET Q q 0 0 0 rg BT 76.76 235.70 Td (fective ) Tj ET Q q 0 0 0 rg BT 106.76 235.70 Td (May ) Tj ET Q q 0 0 0 rg BT 127.90 235.70 Td (15, ) Tj ET Q q 0 0 0 rg BT 143.20 235.70 Td (2019, ) Tj ET Q q 0 0 0 rg BT 168.50 235.70 Td (the ) Tj ET Q q 0 0 0 rg BT 183.52 235.70 Td (retail ) Tj ET Q q 0 0 0 rg BT 206.87 235.70 Td (prices ) Tj ET Q q 0 0 0 rg BT 233.54 235.70 Td (for ) Tj ET Q q 0 0 0 rg BT 248.01 235.70 Td (intra ) Tj ET Q q 0 0 0 rg BT 269.14 235.70 Td (EU ) Tj ET Q q 0 0 0 rg BT 285.27 235.70 Td (calls ) Tj ET Q q 0 0 0 rg BT 306.40 235.70 Td (and ) Tj ET Q q 0 0 0 rg BT 323.64 235.70 Td (SMS ) Tj ET Q q 0 0 0 rg BT 346.46 235.70 Td (messages ) Tj ET Q q 0 0 0 rg BT 387.03 235.70 Td (char) Tj ET Q q 0 0 0 rg BT 404.05 235.70 Td (ged ) Tj ET Q q 0 0 0 rg BT 421.29 235.70 Td (to ) Tj ET Q q 0 0 0 rg BT 431.88 235.70 Td (consumers ) Tj ET Q q 0 0 0 rg BT 477.45 235.70 Td (will ) Tj ET Q q 0 0 0 rg BT 495.81 235.70 Td (be ) Tj ET Q q 0 0 0 rg BT 508.05 235.70 Td (regulated ) Tj ET Q q 0 0 0 rg BT 548.05 235.70 Td (at ) Tj ET Q q 0 0 0 rg BT 558.07 235.70 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.70 Td (maximum ) Tj ET Q q 0 0 0 rg BT 92.55 223.70 Td (of ) Tj ET Q q 0 0 0 rg BT 103.38 223.70 Td (0.19 ) Tj ET Q q 0 0 0 rg BT 128.38 223.70 Td (per ) Tj ET Q q 0 0 0 rg BT 143.65 223.70 Td (minute ) Tj ET Q q 0 0 0 rg BT 173.92 223.70 Td (for ) Tj ET Q q 0 0 0 rg BT 188.08 223.70 Td (calls ) Tj ET Q q 0 0 0 rg BT 208.91 223.70 Td (and ) Tj ET Q q 0 0 0 rg BT 225.85 223.70 Td (0.06 ) Tj ET Q q 0 0 0 rg BT 250.85 223.70 Td (per ) Tj ET Q q 0 0 0 rg BT 266.12 223.70 Td (SMS ) Tj ET Q q 0 0 0 rg BT 288.63 223.70 Td (message ) Tj ET Q q 0 0 0 rg BT 325.01 223.70 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 370.09 223.70 Td (V) Tj ET Q q 0 0 0 rg BT 376.02 223.70 Td (A) Tj ET Q q 0 0 0 rg BT 382.14 223.70 Td (T\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.70 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 201.70 Td (In ) Tj ET Q q 0 0 0 rg BT 79.13 201.70 Td (addition ) Tj ET Q q 0 0 0 rg BT 115.19 201.70 Td (to ) Tj ET Q q 0 0 0 rg BT 126.27 201.70 Td (competition, ) Tj ET Q q 0 0 0 rg BT 179.83 201.70 Td (our ) Tj ET Q q 0 0 0 rg BT 196.46 201.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 241.41 201.70 Td (are ) Tj ET Q q 0 0 0 rg BT 256.91 201.70 Td (subject ) Tj ET Q q 0 0 0 rg BT 288.53 201.70 Td (to ) Tj ET Q q 0 0 0 rg BT 299.60 201.70 Td (macroeconomic, ) Tj ET Q q 0 0 0 rg BT 369.25 201.70 Td (political, ) Tj ET Q q 0 0 0 rg BT 407.82 201.70 Td (and ) Tj ET Q q 0 0 0 rg BT 425.55 201.70 Td (other ) Tj ET Q q 0 0 0 rg BT 449.39 201.70 Td (risks ) Tj ET Q q 0 0 0 rg BT 471.58 201.70 Td (that ) Tj ET Q q 0 0 0 rg BT 489.87 201.70 Td (are ) Tj ET Q q 0 0 0 rg BT 505.37 201.70 Td (outside ) Tj ET Q q 0 0 0 rg BT 537.55 201.70 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 201.70 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.70 Td (control.For ) Tj ET Q q 0 0 0 rg BT 99.24 189.70 Td (example, ) Tj ET Q q 0 0 0 rg BT 138.13 189.70 Td (on ) Tj ET Q q 0 0 0 rg BT 150.64 189.70 Td (June ) Tj ET Q q 0 0 0 rg BT 171.49 189.70 Td (23, ) Tj ET Q q 0 0 0 rg BT 186.51 189.70 Td (2016, ) Tj ET Q q 0 0 0 rg BT 211.53 189.70 Td (the ) Tj ET Q q 0 0 0 rg BT 226.27 189.70 Td (United ) Tj ET Q q 0 0 0 rg BT 256.00 189.70 Td (Kingdom ) Tj ET Q q 0 0 0 rg BT 296.30 189.70 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.63 189.70 Td (U.K.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.63 189.70 Td (\) ) Tj ET Q q 0 0 0 rg BT 325.48 189.70 Td (held ) Tj ET Q q 0 0 0 rg BT 345.21 189.70 Td (a ) Tj ET Q q 0 0 0 rg BT 352.17 189.70 Td (referendumin ) Tj ET Q q 0 0 0 rg BT 411.05 189.70 Td (which ) Tj ET Q q 0 0 0 rg BT 438.01 189.70 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 459.97 189.70 Td (citizens ) Tj ET Q q 0 0 0 rg BT 493.03 189.70 Td (voted ) Tj ET Q q 0 0 0 rg BT 517.76 189.70 Td (in ) Tj ET Q q 0 0 0 rg BT 528.06 189.70 Td (favor ) Tj ET Q q 0 0 0 rg BT 551.68 189.70 Td (of, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.70 Td (on ) Tj ET Q q 0 0 0 rg BT 61.88 177.70 Td (an ) Tj ET Q q 0 0 0 rg BT 73.71 177.70 Td (advisory ) Tj ET Q q 0 0 0 rg BT 110.53 177.70 Td (basis, ) Tj ET Q q 0 0 0 rg BT 135.41 177.70 Td (an ) Tj ET Q q 0 0 0 rg BT 147.24 177.70 Td (exit ) Tj ET Q q 0 0 0 rg BT 164.62 177.70 Td (from ) Tj ET Q q 0 0 0 rg BT 186.44 177.70 Td (the ) Tj ET Q q 0 0 0 rg BT 201.04 177.70 Td (EU, ) Tj ET Q q 0 0 0 rg BT 219.25 177.70 Td (commonly ) Tj ET Q q 0 0 0 rg BT 264.41 177.70 Td (referred ) Tj ET Q q 0 0 0 rg BT 298.43 177.70 Td (to ) Tj ET Q q 0 0 0 rg BT 308.59 177.70 Td (as ) Tj ET Q q 0 0 0 rg BT 319.31 177.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.75 177.70 Td (Br) Tj ET Q q 0 0 0 rg BT 334.68 177.70 Td (exit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.72 177.70 Td (Failing ) Tj ET Q q 0 0 0 rg BT 390.38 177.70 Td (the ) Tj ET Q q 0 0 0 rg BT 404.98 177.70 Td (implementation ) Tj ET Q q 0 0 0 rg BT 470.13 177.70 Td (of ) Tj ET Q q 0 0 0 rg BT 480.84 177.70 Td (an ) Tj ET Q q 0 0 0 rg BT 492.67 177.70 Td (agreed ) Tj ET Q q 0 0 0 rg BT 521.70 177.70 Td (extension, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.70 Td (the ) Tj ET Q q 0 0 0 rg BT 64.33 165.70 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 86.38 165.70 Td (will ) Tj ET Q q 0 0 0 rg BT 104.55 165.70 Td (leave ) Tj ET Q q 0 0 0 rg BT 128.26 165.70 Td (the ) Tj ET Q q 0 0 0 rg BT 143.09 165.70 Td (EU ) Tj ET Q q 0 0 0 rg BT 159.03 165.70 Td (on ) Tj ET Q q 0 0 0 rg BT 171.64 165.70 Td (March ) Tj ET Q q 0 0 0 rg BT 200.35 165.70 Td (29, ) Tj ET Q q 0 0 0 rg BT 215.47 165.70 Td (2019 ) Tj ET Q q 0 0 0 rg BT 238.08 165.70 Td (under ) Tj ET Q q 0 0 0 rg BT 263.46 165.70 Td (a ) Tj ET Q q 0 0 0 rg BT 270.51 165.70 Td (so-called ) Tj ET Q q 0 0 0 rg BT 309.22 165.70 Td (hard ) Tj ET Q q 0 0 0 rg BT 334.04 165.70 Td (Brexit ) Tj ET Q q 0 0 0 rg BT 366.08 165.70 Td (or ) Tj ET Q q 0 0 0 rg BT 377.02 165.70 Td (no-deal ) Tj ET Q q 0 0 0 rg BT 414.06 165.70 Td (Brexit ) Tj ET Q q 0 0 0 rg BT 446.11 165.70 Td (without ) Tj ET Q q 0 0 0 rg BT 479.28 165.70 Td (agreements ) Tj ET Q q 0 0 0 rg BT 527.42 165.70 Td (on ) Tj ET Q q 0 0 0 rg BT 540.03 165.70 Td (trade, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.70 Td (finance ) Tj ET Q q 0 0 0 rg BT 81.16 153.70 Td (and ) Tj ET Q q 0 0 0 rg BT 97.84 153.70 Td (other ) Tj ET Q q 0 0 0 rg BT 120.62 153.70 Td (key ) Tj ET Q q 0 0 0 rg BT 137.30 153.70 Td (elements. ) Tj ET Q q 0 0 0 rg BT 177.42 153.70 Td (The ) Tj ET Q q 0 0 0 rg BT 195.20 153.70 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 236.32 153.70 Td (has ) Tj ET Q q 0 0 0 rg BT 251.88 153.70 Td (caused ) Tj ET Q q 0 0 0 rg BT 281.33 153.70 Td (considerable ) Tj ET Q q 0 0 0 rg BT 334.10 153.70 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 381.32 153.70 Td (as ) Tj ET Q q 0 0 0 rg BT 391.88 153.70 Td (to ) Tj ET Q q 0 0 0 rg BT 401.90 153.70 Td (Brexit) Tj ET Q q 0 0 0 rg BT 429.67 153.70 Td (s ) Tj ET Q q 0 0 0 rg BT 435.80 153.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 465.25 153.70 Td (on ) Tj ET Q q 0 0 0 rg BT 477.49 153.70 Td (the ) Tj ET Q q 0 0 0 rg BT 491.95 153.70 Td (free ) Tj ET Q q 0 0 0 rg BT 509.72 153.70 Td (movement ) Tj ET Q q 0 0 0 rg BT 554.17 153.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.70 Td (goods, ) Tj ET Q q 0 0 0 rg BT 78.68 141.70 Td (services, ) Tj ET Q q 0 0 0 rg BT 116.18 141.70 Td (people, ) Tj ET Q q 0 0 0 rg BT 148.13 141.70 Td (data, ) Tj ET Q q 0 0 0 rg BT 170.08 141.70 Td (and ) Tj ET Q q 0 0 0 rg BT 187.31 141.70 Td (capital ) Tj ET Q q 0 0 0 rg BT 216.75 141.70 Td (between ) Tj ET Q q 0 0 0 rg BT 252.86 141.70 Td (the ) Tj ET Q q 0 0 0 rg BT 267.87 141.70 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 290.10 141.70 Td (and ) Tj ET Q q 0 0 0 rg BT 307.33 141.70 Td (the ) Tj ET Q q 0 0 0 rg BT 322.34 141.70 Td (EU, ) Tj ET Q q 0 0 0 rg BT 340.96 141.70 Td (customer ) Tj ET Q q 0 0 0 rg BT 380.41 141.70 Td (behavior) Tj ET Q q 0 0 0 rg BT 415.00 141.70 Td (, ) Tj ET Q q 0 0 0 rg BT 420.29 141.70 Td (economic ) Tj ET Q q 0 0 0 rg BT 461.95 141.70 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 508.91 141.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 541.13 141.70 Td (rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.70 Td (currency ) Tj ET Q q 0 0 0 rg BT 86.44 129.70 Td (exchange ) Tj ET Q q 0 0 0 rg BT 126.16 129.70 Td (rates, ) Tj ET Q q 0 0 0 rg BT 149.50 129.70 Td (and ) Tj ET Q q 0 0 0 rg BT 165.91 129.70 Td (availability ) Tj ET Q q 0 0 0 rg BT 212.86 129.70 Td (of ) Tj ET Q q 0 0 0 rg BT 223.15 129.70 Td (capital. ) Tj ET Q q 0 0 0 rg BT 254.13 129.70 Td (The ) Tj ET Q q 0 0 0 rg BT 271.64 129.70 Td (ef) Tj ET Q q 0 0 0 rg BT 279.23 129.70 Td (fects ) Tj ET Q q 0 0 0 rg BT 300.07 129.70 Td (of ) Tj ET Q q 0 0 0 rg BT 310.36 129.70 Td (Brexit ) Tj ET Q q 0 0 0 rg BT 337.32 129.70 Td (could ) Tj ET Q q 0 0 0 rg BT 361.51 129.70 Td (adversely ) Tj ET Q q 0 0 0 rg BT 401.79 129.70 Td (af) Tj ET Q q 0 0 0 rg BT 409.38 129.70 Td (fect ) Tj ET Q q 0 0 0 rg BT 426.33 129.70 Td (our ) Tj ET Q q 0 0 0 rg BT 441.62 129.70 Td (business, ) Tj ET Q q 0 0 0 rg BT 479.98 129.70 Td (results ) Tj ET Q q 0 0 0 rg BT 508.05 129.70 Td (of ) Tj ET Q q 0 0 0 rg BT 518.35 129.70 Td (operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 86.98 117.70 Td (condition, ) Tj ET Q q 0 0 0 rg BT 129.75 117.70 Td (and ) Tj ET Q q 0 0 0 rg BT 146.69 117.70 Td (liquidity) Tj ET Q q 0 0 0 rg BT 179.93 117.70 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 95.70 Td (Results ) Tj ET Q q 0 0 0 rg BT 83.11 95.70 Td (of ) Tj ET Q q 0 0 0 rg BT 93.94 95.70 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 73.70 Td (As ) Tj ET Q q 0 0 0 rg BT 82.08 73.70 Td (described ) Tj ET Q q 0 0 0 rg BT 123.86 73.70 Td (in ) Tj ET Q q 0 0 0 rg BT 135.11 73.70 Td (note ) Tj ET Q q 0 0 0 rg BT 155.79 73.70 Td (2 ) Tj ET Q q 0 0 0 rg BT 164.26 73.70 Td (to ) Tj ET Q q 0 0 0 rg BT 175.50 73.70 Td (our ) Tj ET Q q 0 0 0 rg BT 192.30 73.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 246.31 73.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 284.76 73.70 Td (statements, ) Tj ET Q q 0 0 0 rg BT 332.93 73.70 Td (we ) Tj ET Q q 0 0 0 rg BT 348.06 73.70 Td (adopted ) Tj ET Q q 0 0 0 rg BT 382.42 73.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 405.89 73.70 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 442.69 73.70 Td (on ) Tj ET Q q 0 0 0 rg BT 456.15 73.70 Td (January ) Tj ET Q q 0 0 0 rg BT 490.72 73.70 Td (1, ) Tj ET Q q 0 0 0 rg BT 501.69 73.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 525.15 73.70 Td (using ) Tj ET Q q 0 0 0 rg BT 550.29 73.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.70 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 96.32 61.70 Td (ef) Tj ET Q q 0 0 0 rg BT 103.91 61.70 Td (fect ) Tj ET Q q 0 0 0 rg BT 121.29 61.70 Td (transition ) Tj ET Q q 0 0 0 rg BT 161.46 61.70 Td (method. ) Tj ET Q q 0 0 0 rg BT 195.82 61.70 Td (As ) Tj ET Q q 0 0 0 rg BT 209.33 61.70 Td (such, ) Tj ET Q q 0 0 0 rg BT 232.55 61.70 Td (the ) Tj ET Q q 0 0 0 rg BT 247.16 61.70 Td (information ) Tj ET Q q 0 0 0 rg BT 296.77 61.70 Td (included ) Tj ET Q q 0 0 0 rg BT 333.59 61.70 Td (in ) Tj ET Q q 0 0 0 rg BT 343.77 61.70 Td (our ) Tj ET Q q 0 0 0 rg BT 359.49 61.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 412.43 61.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 449.80 61.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 494.41 61.70 Td (and ) Tj ET Q q 0 0 0 rg BT 511.24 61.70 Td (notes ) Tj ET Q q 0 0 0 rg BT 534.74 61.70 Td (thereto ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 49.70 Td (for ) Tj ET Q q 0 0 0 rg BT 63.83 49.70 Td (2017 ) Tj ET Q q 0 0 0 rg BT 86.49 49.70 Td (and ) Tj ET Q q 0 0 0 rg BT 103.59 49.70 Td (2016 ) Tj ET Q q 0 0 0 rg BT 126.26 49.70 Td (has ) Tj ET Q q 0 0 0 rg BT 142.25 49.70 Td (not ) Tj ET Q q 0 0 0 rg BT 157.70 49.70 Td (been ) Tj ET Q q 0 0 0 rg BT 179.24 49.70 Td (restated ) Tj ET Q q 0 0 0 rg BT 213.00 49.70 Td (and ) Tj ET Q q 0 0 0 rg BT 230.10 49.70 Td (continues ) Tj ET Q q 0 0 0 rg BT 271.09 49.70 Td (to ) Tj ET Q q 0 0 0 rg BT 281.54 49.70 Td (be ) Tj ET Q q 0 0 0 rg BT 293.64 49.70 Td (reported ) Tj ET Q q 0 0 0 rg BT 329.62 49.70 Td (under ) Tj ET Q q 0 0 0 rg BT 355.05 49.70 Td (the ) Tj ET Q q 0 0 0 rg BT 369.93 49.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 416.47 49.70 Td (standards ) Tj ET Q q 0 0 0 rg BT 456.91 49.70 Td (in ) Tj ET Q q 0 0 0 rg BT 467.35 49.70 Td (ef) Tj ET Q q 0 0 0 rg BT 474.94 49.70 Td (fect ) Tj ET Q q 0 0 0 rg BT 492.59 49.70 Td (for ) Tj ET Q q 0 0 0 rg BT 506.91 49.70 Td (such ) Tj ET Q q 0 0 0 rg BT 527.91 49.70 Td (years. ) Tj ET Q q 0 0 0 rg BT 554.17 49.70 Td (In ) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (order ) Tj ET Q q 0 0 0 rg BT 72.66 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 82.49 713.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 115.10 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 121.59 713.10 Td (more ) Tj ET Q q 0 0 0 rg BT 144.20 713.10 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 191.80 713.10 Td (comparison ) Tj ET Q q 0 0 0 rg BT 240.51 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 250.90 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 266.29 713.10 Td (results ) Tj ET Q q 0 0 0 rg BT 294.46 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 304.84 713.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 351.06 713.10 Td (in ) Tj ET Q q 0 0 0 rg BT 360.89 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 375.17 713.10 Td (following ) Tj ET Q q 0 0 0 rg BT 416.11 713.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 459.84 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 476.34 713.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 510.61 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 521.00 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 536.39 713.10 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.62 701.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 105.07 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 119.53 701.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 144.82 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 155.95 701.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 198.17 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.74 701.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 234.03 701.10 Td (we ) Tj ET Q q 0 0 0 rg BT 248.49 701.10 Td (present ) Tj ET Q q 0 0 0 rg BT 280.16 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 296.28 701.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 333.22 701.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 374.62 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 391.85 701.10 Td (OCF ) Tj ET Q q 0 0 0 rg BT 414.10 701.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 428.55 701.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 461.33 701.10 Td (below\) ) Tj ET Q q 0 0 0 rg BT 491.89 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 506.35 701.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 529.14 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 541.94 701.10 Td (a ) Tj ET Q q 0 0 0 rg BT 549.17 701.10 Td (pro ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 76.10 689.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 98.81 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 116.53 689.10 Td (gives ) Tj ET Q q 0 0 0 rg BT 140.36 689.10 Td (ef) Tj ET Q q 0 0 0 rg BT 147.94 689.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 165.65 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 176.14 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.08 689.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 228.79 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.24 689.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 261.97 689.10 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 298.02 689.10 Td (as ) Tj ET Q q 0 0 0 rg BT 309.06 689.10 Td (if ) Tj ET Q q 0 0 0 rg BT 317.89 689.10 Td (such ) Tj ET Q q 0 0 0 rg BT 338.94 689.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 376.65 689.10 Td (had ) Tj ET Q q 0 0 0 rg BT 393.81 689.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 431.51 689.10 Td (on ) Tj ET Q q 0 0 0 rg BT 444.22 689.10 Td (January1, ) Tj ET Q q 0 0 0 rg BT 488.04 689.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 513.26 689.10 Td (However) Tj ET Q q 0 0 0 rg BT 549.51 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 554.73 689.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.99 677.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 109.93 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 127.64 677.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 163.13 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.74 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 191.34 677.10 Td (results ) Tj ET Q q 0 0 0 rg BT 220.72 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 232.32 677.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 277.25 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 292.19 677.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 317.96 677.10 Td (as ) Tj ET Q q 0 0 0 rg BT 329.56 677.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 372.26 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 383.31 677.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 409.08 677.10 Td (we ) Tj ET Q q 0 0 0 rg BT 424.02 677.10 Td (present ) Tj ET Q q 0 0 0 rg BT 456.17 677.10 Td (all ) Tj ET Q q 0 0 0 rg BT 469.43 677.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 506.59 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 521.53 677.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 544.80 677.10 Td (on ) Tj ET Q q 0 0 0 rg BT 558.07 677.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 89.21 665.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 111.71 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 128.65 665.10 Td (all ) Tj ET Q q 0 0 0 rg BT 141.15 665.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 177.53 665.10 Td (for ) Tj ET Q q 0 0 0 rg BT 191.69 665.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 214.19 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 226.69 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 233.63 665.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 249.46 665.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 275.84 665.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 298.34 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 309.17 665.10 Td (if ) Tj ET Q q 0 0 0 rg BT 317.78 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.49 665.10 Td (JV) Tj ET Q q 0 0 0 rg BT 343.43 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 345.75 665.10 Td (T) Tj ET Q q 0 0 0 rg BT 351.50 665.10 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 395.10 665.10 Td (had ) Tj ET Q q 0 0 0 rg BT 412.03 665.10 Td (been ) Tj ET Q q 0 0 0 rg BT 433.41 665.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 477.56 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 490.06 665.10 Td (January ) Tj ET Q q 0 0 0 rg BT 523.66 665.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 533.66 665.10 Td (2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 641.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.54 641.10 Td (following ) Tj ET Q q 0 0 0 rg BT 126.92 641.10 Td (table ) Tj ET Q q 0 0 0 rg BT 148.85 641.10 Td (presents ) Tj ET Q q 0 0 0 rg BT 184.11 641.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 196.04 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 210.76 641.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 240.46 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.29 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 266.00 641.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 303.49 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 313.76 641.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 336.26 641.10 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 372.08 641.10 Td (on ) Tj ET Q q 0 0 0 rg BT 384.58 641.10 Td (our ) Tj ET Q q 0 0 0 rg BT 400.40 641.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 434.54 641.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 477.57 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.50 641.10 Td (OCF ) Tj ET Q q 0 0 0 rg BT 516.45 641.10 Td (for ) Tj ET Q q 0 0 0 rg BT 530.60 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 545.31 641.10 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 75.74 629.10 Td (December ) Tj ET Q q 0 0 0 rg BT 119.19 629.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 134.06 629.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 158.92 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 175.72 629.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 190.30 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.89 629.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 220.58 629.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 246.82 629.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 276.40 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.09 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 301.68 629.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 339.04 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 349.21 629.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 371.58 629.10 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 407.27 629.10 Td (on ) Tj ET Q q 0 0 0 rg BT 419.64 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 435.33 629.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 469.34 629.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 512.24 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 529.04 629.10 Td (OCF ) Tj ET Q q 0 0 0 rg BT 550.86 629.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 617.10 Td (year ) Tj ET Q q 0 0 0 rg BT 83.92 617.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 110.30 617.10 Td (December ) Tj ET Q q 0 0 0 rg BT 153.88 617.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 168.88 617.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 193.88 617.10 Td (as ) Tj ET Q q 0 0 0 rg BT 204.71 617.10 Td (if ) Tj ET Q q 0 0 0 rg BT 213.32 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 228.04 617.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 265.54 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 275.81 617.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 298.32 617.10 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 334.15 617.10 Td (had ) Tj ET Q q 0 0 0 rg BT 351.09 617.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 388.56 617.10 Td (on ) Tj ET Q q 0 0 0 rg BT 401.06 617.10 Td (January ) Tj ET Q q 0 0 0 rg BT 434.66 617.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 444.66 617.10 Td (2017.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 536.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 536.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 536.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 536.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 508.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 508.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 508.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 508.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 480.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 480.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 480.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 480.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 452.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 452.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 452.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 452.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 424.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 424.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 424.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 424.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 396.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 396.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 396.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 396.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 368.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 368.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 368.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 368.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 340.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 340.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 340.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 340.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 312.60 391.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 312.60 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 312.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 312.60 59.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 578.6 m 500 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 564.6 m 500 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 578.6 m 504 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 578.6 m 563 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 564.6 m 563 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 508.6 m 500 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 508.6 m 563 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 508.6 m 500 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 494.6 m 500 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 508.6 m 563 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 494.6 m 563 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 452.6 m 500 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 452.6 m 563 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 452.6 m 500 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 438.6 m 500 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 452.6 m 563 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 438.6 m 563 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 396.6 m 500 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 396.6 m 563 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 396.6 m 500 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 382.6 m 500 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 396.6 m 563 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 382.6 m 563 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 340.6 m 500 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 340.6 m 563 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 340.6 m 500 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 326.6 m 500 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 340.6 m 563 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 326.6 m 563 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 326.6 m 500 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 313.6 m 500 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 311.6 m 500 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 326.6 m 563 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 313.6 m 563 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 311.6 m 563 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 311.6 m 500 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 313.6 m 500 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 299.6 m 500 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 297.6 m 500 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 311.6 m 563 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 313.6 m 563 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 299.6 m 563 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 297.6 m 563 297.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 597.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.95 597.05 Td (Y) Tj ET Q q 0 0 0 rg BT 485.95 597.05 Td (ear) Tj ET Q q 0 0 0 rg BT 497.86 597.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 583.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.30 583.05 Td (December) Tj ET Q q 0 0 0 rg BT 514.19 583.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.00 569.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.60 569.05 Td (2017 \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.35 555.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 541.17 Td (Consumer cable revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 527.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.50 527.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 527.22 Td (\(94.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 527.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 527.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 527.22 Td (\(36.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 527.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 513.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 513.22 Td (\(2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 513.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 513.22 Td (\(3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 513.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 499.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 499.17 Td (otal consumer cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 499.22 Td (\(97.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 499.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 499.22 Td (\(40.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 499.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 485.17 Td (Consumer mobile revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 471.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 471.22 Td (\(50.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 471.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 471.22 Td (\(104.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 471.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 457.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 457.17 Td (98.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 457.17 Td (1) Tj ET Q q 0 0 0 rg BT 541.65 457.17 Td (14.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 443.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 443.17 Td (otal consumer mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 443.17 Td (47.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 443.17 Td (10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 429.17 Td (B2B cable revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 415.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 415.22 Td (\(2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 415.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 415.22 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 415.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 401.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 401.17 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 401.17 Td (2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 387.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 387.17 Td (otal B2B cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 387.22 Td (\(2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 387.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 387.17 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 373.17 Td (B2B mobile revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 359.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 359.22 Td (\(29.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 359.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 359.22 Td (\(20.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 359.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 345.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 345.17 Td (24.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 345.17 Td (27.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 331.17 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 331.17 Td (otal B2B mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 331.22 Td (\(4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 331.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 331.17 Td (6.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 317.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 317.17 Td (otal revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.50 317.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 317.22 Td (\(56.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 317.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 317.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 317.22 Td (\(20.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 317.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 303.17 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.50 303.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 303.22 Td (\(20.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 303.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 303.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 303.17 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 263.10 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 116.52 263.10 Td (are ) Tj ET Q q 0 0 0 rg BT 132.08 263.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 173.75 263.10 Td (on ) Tj ET Q q 0 0 0 rg BT 187.10 263.10 Td (a ) Tj ET Q q 0 0 0 rg BT 194.89 263.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 211.57 263.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 238.80 263.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 262.15 263.10 Td (that ) Tj ET Q q 0 0 0 rg BT 280.49 263.10 Td (gives ) Tj ET Q q 0 0 0 rg BT 304.95 263.10 Td (ef) Tj ET Q q 0 0 0 rg BT 312.54 263.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 330.88 263.10 Td (to ) Tj ET Q q 0 0 0 rg BT 342.01 263.10 Td (the ) Tj ET Q q 0 0 0 rg BT 357.57 263.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 395.92 263.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.86 263.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 430.22 263.10 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 466.90 263.10 Td (as ) Tj ET Q q 0 0 0 rg BT 478.58 263.10 Td (if ) Tj ET Q q 0 0 0 rg BT 488.04 263.10 Td (such ) Tj ET Q q 0 0 0 rg BT 509.72 263.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 548.07 263.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 251.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 113.98 251.10 Td (on ) Tj ET Q q 0 0 0 rg BT 126.48 251.10 Td (January ) Tj ET Q q 0 0 0 rg BT 160.07 251.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 170.07 251.10 Td (2017. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 227.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 203.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.17 203.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 118.93 203.10 Td (is ) Tj ET Q q 0 0 0 rg BT 127.72 203.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 156.49 203.10 Td (in ) Tj ET Q q 0 0 0 rg BT 166.38 203.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.72 203.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 231.15 203.10 Td (and ) Tj ET Q q 0 0 0 rg BT 247.71 203.10 Td (is ) Tj ET Q q 0 0 0 rg BT 256.50 203.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 286.94 203.10 Td (to ) Tj ET Q q 0 0 0 rg BT 296.83 203.10 Td (applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.89 203.10 Td (V) Tj ET Q q 0 0 0 rg BT 345.82 203.10 Td (A) Tj ET Q q 0 0 0 rg BT 351.93 203.10 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.30 203.10 Td (.) Tj ET Q q 0 0 0 rg BT 361.75 203.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 381.09 203.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 419.85 203.10 Td (in ) Tj ET Q q 0 0 0 rg BT 429.75 203.10 Td (these ) Tj ET Q q 0 0 0 rg BT 452.41 203.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 475.08 203.10 Td (could ) Tj ET Q q 0 0 0 rg BT 499.41 203.10 Td (have ) Tj ET Q q 0 0 0 rg BT 520.41 203.10 Td (an ) Tj ET Q q 0 0 0 rg BT 531.97 203.10 Td (adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 79.97 191.10 Td (on ) Tj ET Q q 0 0 0 rg BT 93.22 191.10 Td (our ) Tj ET Q q 0 0 0 rg BT 109.81 191.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 138.61 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 149.64 191.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 187.89 191.10 Td (or ) Tj ET Q q 0 0 0 rg BT 199.47 191.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 235.48 191.10 Td (our ) Tj ET Q q 0 0 0 rg BT 252.07 191.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 286.97 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 298.00 191.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.47 191.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 341.16 191.10 Td (that ) Tj ET Q q 0 0 0 rg BT 359.41 191.10 Td (we ) Tj ET Q q 0 0 0 rg BT 374.32 191.10 Td (are ) Tj ET Q q 0 0 0 rg BT 389.78 191.10 Td (unable ) Tj ET Q q 0 0 0 rg BT 419.69 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 430.73 191.10 Td (pass ) Tj ET Q q 0 0 0 rg BT 451.20 191.10 Td (such ) Tj ET Q q 0 0 0 rg BT 472.79 191.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 488.26 191.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 528.16 191.10 Td (onto ) Tj ET Q q 0 0 0 rg BT 549.19 191.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 155.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 155.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.93 155.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 101.73 155.10 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 167.28 155.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 186.74 155.10 Td (to ) Tj ET Q q 0 0 0 rg BT 197.87 155.10 Td (other ) Tj ET Q q 0 0 0 rg BT 221.78 155.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 264.57 155.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 305.69 155.10 Td (when ) Tj ET Q q 0 0 0 rg BT 330.71 155.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 352.39 155.10 Td (or ) Tj ET Q q 0 0 0 rg BT 364.08 155.10 Td (text ) Tj ET Q q 0 0 0 rg BT 382.43 155.10 Td (messages ) Tj ET Q q 0 0 0 rg BT 423.56 155.10 Td (from ) Tj ET Q q 0 0 0 rg BT 446.35 155.10 Td (our ) Tj ET Q q 0 0 0 rg BT 463.04 155.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 511.39 155.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 552.50 155.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (another ) Tj ET Q q 0 0 0 rg BT 81.92 143.10 Td (network, ) Tj ET Q q 0 0 0 rg BT 119.62 143.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.49 143.10 Td (we ) Tj ET Q q 0 0 0 rg BT 150.58 143.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 181.88 143.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 212.09 143.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 230.62 143.10 Td (from ) Tj ET Q q 0 0 0 rg BT 252.49 143.10 Td (such ) Tj ET Q q 0 0 0 rg BT 273.25 143.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 313.46 143.10 Td (when ) Tj ET Q q 0 0 0 rg BT 337.55 143.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 358.31 143.10 Td (or ) Tj ET Q q 0 0 0 rg BT 369.07 143.10 Td (text ) Tj ET Q q 0 0 0 rg BT 386.50 143.10 Td (messages ) Tj ET Q q 0 0 0 rg BT 426.70 143.10 Td (from ) Tj ET Q q 0 0 0 rg BT 448.57 143.10 Td (their ) Tj ET Q q 0 0 0 rg BT 469.33 143.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 512.31 143.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 552.50 143.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.54 131.10 Td (network. ) Tj ET Q q 0 0 0 rg BT 103.33 131.10 Td (The ) Tj ET Q q 0 0 0 rg BT 121.59 131.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 158.19 131.10 Td (we ) Tj ET Q q 0 0 0 rg BT 172.57 131.10 Td (char) Tj ET Q q 0 0 0 rg BT 189.59 131.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 201.74 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 218.90 131.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 242.16 131.10 Td (with ) Tj ET Q q 0 0 0 rg BT 262.65 131.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 293.68 131.10 Td (to ) Tj ET Q q 0 0 0 rg BT 304.17 131.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 345.76 131.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 387.90 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 405.06 131.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 435.54 131.10 Td (interconnection ) Tj ET Q q 0 0 0 rg BT 500.46 131.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 519.27 131.10 Td (are ) Tj ET Q q 0 0 0 rg BT 534.19 131.10 Td (subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.28 119.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 102.37 119.10 Td (oversight. ) Tj ET Q q 0 0 0 rg BT 143.95 119.10 Td (T) Tj ET Q q 0 0 0 rg BT 149.36 119.10 Td (o ) Tj ET Q q 0 0 0 rg BT 156.36 119.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.58 119.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 197.01 119.10 Td (that ) Tj ET Q q 0 0 0 rg BT 214.01 119.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 257.10 119.10 Td (authorities ) Tj ET Q q 0 0 0 rg BT 301.31 119.10 Td (introduce ) Tj ET Q q 0 0 0 rg BT 341.08 119.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 381.95 119.10 Td (or ) Tj ET Q q 0 0 0 rg BT 392.28 119.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 422.06 119.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 470.16 119.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 487.14 119.10 Td (changes, ) Tj ET Q q 0 0 0 rg BT 523.85 119.10 Td (we ) Tj ET Q q 0 0 0 rg BT 537.51 119.10 Td (would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 95.73 107.10 Td (prospective ) Tj ET Q q 0 0 0 rg BT 144.75 107.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 179.89 107.10 Td (in ) Tj ET Q q 0 0 0 rg BT 190.59 107.10 Td (our ) Tj ET Q q 0 0 0 rg BT 206.85 107.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 259.20 107.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 293.78 107.10 Td (and ) Tj ET Q q 0 0 0 rg BT 311.14 107.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 336.36 107.10 Td (The ) Tj ET Q q 0 0 0 rg BT 354.83 107.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 390.53 107.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 420.67 107.10 Td (of ) Tj ET Q q 0 0 0 rg BT 431.93 107.10 Td (any ) Tj ET Q q 0 0 0 rg BT 449.30 107.10 Td (such ) Tj ET Q q 0 0 0 rg BT 470.56 107.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 505.69 107.10 Td (in ) Tj ET Q q 0 0 0 rg BT 516.40 107.10 Td (termination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 70.12 95.10 Td (on ) Tj ET Q q 0 0 0 rg BT 81.87 95.10 Td (our ) Tj ET Q q 0 0 0 rg BT 96.94 95.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 132.01 95.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 171.52 95.10 Td (income ) Tj ET Q q 0 0 0 rg BT 202.70 95.10 Td (before ) Tj ET Q q 0 0 0 rg BT 229.99 95.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 281.15 95.10 Td (and ) Tj ET Q q 0 0 0 rg BT 297.33 95.10 Td (amortization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.62 95.10 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.07 95.10 Td ( ) Tj ET Q q 0 0 0 rg BT 370.82 95.10 Td (would ) Tj ET Q q 0 0 0 rg BT 397.56 95.10 Td (be ) Tj ET Q q 0 0 0 rg BT 408.75 95.10 Td (dependent ) Tj ET Q q 0 0 0 rg BT 451.58 95.10 Td (on ) Tj ET Q q 0 0 0 rg BT 463.33 95.10 Td (the ) Tj ET Q q 0 0 0 rg BT 477.29 95.10 Td (call ) Tj ET Q q 0 0 0 rg BT 493.47 95.10 Td (or ) Tj ET Q q 0 0 0 rg BT 503.55 95.10 Td (text ) Tj ET Q q 0 0 0 rg BT 520.29 95.10 Td (messaging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (patterns ) Tj ET Q q 0 0 0 rg BT 82.78 83.10 Td (that ) Tj ET Q q 0 0 0 rg BT 99.41 83.10 Td (are ) Tj ET Q q 0 0 0 rg BT 113.24 83.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 143.20 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 152.60 83.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.45 83.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 201.39 83.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 249.12 83.10 Td (rates. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.12 83.10 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.23 83.10 Td ( ) Tj ET Q q 0 0 0 rg BT 294.86 83.10 Td (is ) Tj ET Q q 0 0 0 rg BT 303.16 83.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 334.77 83.10 Td (as ) Tj ET Q q 0 0 0 rg BT 344.73 83.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 384.12 83.10 Td (income ) Tj ET Q q 0 0 0 rg BT 415.19 83.10 Td (before ) Tj ET Q q 0 0 0 rg BT 442.35 83.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 493.40 83.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.47 83.10 Td (amortization, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 99.61 71.10 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 160.56 71.10 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 207.65 71.10 Td (and ) Tj ET Q q 0 0 0 rg BT 225.00 71.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 265.69 71.10 Td (releases ) Tj ET Q q 0 0 0 rg BT 300.25 71.10 Td (related ) Tj ET Q q 0 0 0 rg BT 330.36 71.10 Td (to ) Tj ET Q q 0 0 0 rg BT 341.05 71.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 386.18 71.10 Td (litigation ) Tj ET Q q 0 0 0 rg BT 425.20 71.10 Td (and ) Tj ET Q q 0 0 0 rg BT 442.55 71.10 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 494.06 71.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 548.07 71.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (other ) Tj ET Q q 0 0 0 rg BT 73.03 59.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 113.77 59.10 Td (items. ) Tj ET Q q 0 0 0 rg BT 140.92 59.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 166.67 59.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 207.41 59.10 Td (items ) Tj ET Q q 0 0 0 rg BT 232.06 59.10 Td (include ) Tj ET Q q 0 0 0 rg BT 264.47 59.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 276.89 59.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 300.98 59.10 Td (and ) Tj ET Q q 0 0 0 rg BT 318.40 59.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 345.27 59.10 Td (on ) Tj ET Q q 0 0 0 rg BT 358.25 59.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.45 59.10 Td (disposition ) Tj ET Q q 0 0 0 rg BT 420.33 59.10 Td (of ) Tj ET Q q 0 0 0 rg BT 431.64 59.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 475.73 59.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 504.54 59.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 519.73 59.10 Td (third-party ) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 71.15 713.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 103.35 713.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 146.09 713.10 Td (with ) Tj ET Q q 0 0 0 rg BT 165.52 713.10 Td (successful ) Tj ET Q q 0 0 0 rg BT 208.27 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.36 713.10 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 277.11 713.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 326.54 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 342.63 713.10 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 394.57 713.10 Td (including ) Tj ET Q q 0 0 0 rg BT 433.99 713.10 Td (legal, ) Tj ET Q q 0 0 0 rg BT 457.58 713.10 Td (advisory ) Tj ET Q q 0 0 0 rg BT 493.67 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.76 713.10 Td (due ) Tj ET Q q 0 0 0 rg BT 525.85 713.10 Td (diligence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 70.19 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 80.61 701.10 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 126.28 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 142.81 701.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 159.90 701.10 Td (other ) Tj ET Q q 0 0 0 rg BT 182.53 701.10 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 259.03 701.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 285.29 701.10 Td (such ) Tj ET Q q 0 0 0 rg BT 305.71 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 316.13 701.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 339.32 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 355.85 701.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 381.83 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 393.92 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.23 701.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 451.41 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 461.83 701.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 506.13 701.10 Td (consideration.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 677.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 677.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.12 677.10 Td (are ) Tj ET Q q 0 0 0 rg BT 97.86 677.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 128.73 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 139.05 677.10 Td (inflationary ) Tj ET Q q 0 0 0 rg BT 188.24 677.10 Td (pressures ) Tj ET Q q 0 0 0 rg BT 227.99 677.10 Td (with ) Tj ET Q q 0 0 0 rg BT 248.31 677.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 279.17 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 289.49 677.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 319.23 677.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 341.77 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.75 677.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 390.17 677.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 427.68 677.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 467.98 677.10 Td (risk. ) Tj ET Q q 0 0 0 rg BT 487.46 677.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 507.22 677.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 525.87 677.10 Td (increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (that ) Tj ET Q q 0 0 0 rg BT 66.28 665.10 Td (we ) Tj ET Q q 0 0 0 rg BT 79.72 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 93.71 665.10 Td (not ) Tj ET Q q 0 0 0 rg BT 108.27 665.10 Td (able ) Tj ET Q q 0 0 0 rg BT 126.70 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 136.26 665.10 Td (pass ) Tj ET Q q 0 0 0 rg BT 155.26 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 167.05 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 176.61 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 191.72 665.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 238.49 665.10 Td (through ) Tj ET Q q 0 0 0 rg BT 271.38 665.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 288.14 665.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 326.57 665.10 Td (would ) Tj ET Q q 0 0 0 rg BT 353.35 665.10 Td (result ) Tj ET Q q 0 0 0 rg BT 377.35 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 386.91 665.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 426.45 665.10 Td (pressure ) Tj ET Q q 0 0 0 rg BT 461.55 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 473.33 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 488.44 665.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 527.98 665.10 Td (mar) Tj ET Q q 0 0 0 rg BT 543.35 665.10 Td (gins.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 641.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 617.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 617.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.74 617.10 Td (earn ) Tj ET Q q 0 0 0 rg BT 102.11 617.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.92 617.10 Td (from ) Tj ET Q q 0 0 0 rg BT 157.53 617.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 169.13 617.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 216.28 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 226.23 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 241.72 617.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 282.76 617.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 327.13 617.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 395.40 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 412.00 617.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 441.94 617.10 Td (services ) Tj ET Q q 0 0 0 rg BT 476.31 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 492.91 617.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.29 617.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.63 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.80 617.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 101.13 605.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 121.95 605.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 155.26 605.10 Td (carriage ) Tj ET Q q 0 0 0 rg BT 189.67 605.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 210.48 605.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 257.14 605.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 277.95 605.10 Td (and ) Tj ET Q q 0 0 0 rg BT 294.60 605.10 Td (late ) Tj ET Q q 0 0 0 rg BT 311.25 605.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 332.07 605.10 Td (Consistent ) Tj ET Q q 0 0 0 rg BT 376.51 605.10 Td (with ) Tj ET Q q 0 0 0 rg BT 396.50 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.94 605.10 Td (presentation ) Tj ET Q q 0 0 0 rg BT 462.03 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 472.57 605.10 Td (our ) Tj ET Q q 0 0 0 rg BT 488.12 605.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 521.98 605.10 Td (categories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.16 593.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.25 593.10 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.25 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.13 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 99.78 593.10 Td (our ) Tj ET Q q 0 0 0 rg BT 114.99 593.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 167.41 593.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 204.27 593.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 250.86 593.10 Td (we ) Tj ET Q q 0 0 0 rg BT 264.40 593.10 Td (use ) Tj ET Q q 0 0 0 rg BT 279.60 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.70 593.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 317.79 593.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 372.99 593.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 410.96 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 427.27 593.10 Td (service ) Tj ET Q q 0 0 0 rg BT 461.90 593.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 499.86 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 509.52 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.61 593.10 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 92.99 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.58 581.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 123.27 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 132.87 581.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 168.57 581.10 Td (received ) Tj ET Q q 0 0 0 rg BT 204.25 581.10 Td (from ) Tj ET Q q 0 0 0 rg BT 225.51 581.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 272.31 581.10 Td (for ) Tj ET Q q 0 0 0 rg BT 285.79 581.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 320.39 581.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 356.91 581.10 Td (In ) Tj ET Q q 0 0 0 rg BT 367.06 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 381.10 581.10 Td (tables ) Tj ET Q q 0 0 0 rg BT 406.24 581.10 Td (below) Tj ET Q q 0 0 0 rg BT 430.03 581.10 Td (, ) Tj ET Q q 0 0 0 rg BT 434.35 581.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.94 581.10 Td (service ) Tj ET Q q 0 0 0 rg BT 494.07 581.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 527.53 581.10 Td (excludes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 569.10 Td (related ) Tj ET Q q 0 0 0 rg BT 93.92 569.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 145.84 569.10 Td (revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 545.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.61 545.10 Td (ariances ) Tj ET Q q 0 0 0 rg BT 108.60 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 118.61 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 133.05 545.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 184.17 545.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 211.95 545.10 Td (service ) Tj ET Q q 0 0 0 rg BT 242.49 545.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 276.37 545.10 Td (from ) Tj ET Q q 0 0 0 rg BT 298.04 545.10 Td (our ) Tj ET Q q 0 0 0 rg BT 313.60 545.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 356.38 545.10 Td (are ) Tj ET Q q 0 0 0 rg BT 370.81 545.10 Td (a ) Tj ET Q q 0 0 0 rg BT 377.48 545.10 Td (function ) Tj ET Q q 0 0 0 rg BT 413.04 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 423.60 545.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 435.27 545.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 469.71 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 479.71 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 494.16 545.10 Td (number ) Tj ET Q q 0 0 0 rg BT 526.94 545.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.50 545.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.61 545.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (or ) Tj ET Q q 0 0 0 rg BT 59.71 533.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 89.36 533.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 136.23 533.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 184.77 533.10 Td (during ) Tj ET Q q 0 0 0 rg BT 212.75 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.85 533.10 Td (period ) Tj ET Q q 0 0 0 rg BT 254.27 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.59 533.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 284.68 533.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 318.77 533.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.01 533.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.68 533.10 Td (. ) Tj ET Q q 0 0 0 rg BT 359.06 533.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 395.38 533.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.62 533.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.29 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 433.17 533.10 Td (can ) Tj ET Q q 0 0 0 rg BT 448.92 533.10 Td (be ) Tj ET Q q 0 0 0 rg BT 460.24 533.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 507.66 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 517.31 533.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 530.29 533.10 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.48 521.10 Td (prices, ) Tj ET Q q 0 0 0 rg BT 88.05 521.10 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 101.91 521.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 136.32 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 146.30 521.10 Td (bundling ) Tj ET Q q 0 0 0 rg BT 184.06 521.10 Td (or ) Tj ET Q q 0 0 0 rg BT 194.59 521.10 Td (promotional ) Tj ET Q q 0 0 0 rg BT 245.67 521.10 Td (discounts, ) Tj ET Q q 0 0 0 rg BT 288.15 521.10 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 301.44 521.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 335.85 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 345.83 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.24 521.10 Td (tier ) Tj ET Q q 0 0 0 rg BT 375.77 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 386.30 521.10 Td (services ) Tj ET Q q 0 0 0 rg BT 420.71 521.10 Td (selected, ) Tj ET Q q 0 0 0 rg BT 457.61 521.10 Td (\(d\) ) Tj ET Q q 0 0 0 rg BT 471.47 521.10 Td (variances ) Tj ET Q q 0 0 0 rg BT 511.42 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 521.40 521.10 Td (subscriber ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (usage ) Tj ET Q q 0 0 0 rg BT 75.11 509.10 Td (patterns, ) Tj ET Q q 0 0 0 rg BT 112.10 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 129.38 509.10 Td (\(e\) ) Tj ET Q q 0 0 0 rg BT 143.31 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.37 509.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 188.97 509.10 Td (mix ) Tj ET Q q 0 0 0 rg BT 207.37 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.54 509.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 242.47 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 259.74 509.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 290.36 509.10 Td (products ) Tj ET Q q 0 0 0 rg BT 327.63 509.10 Td (during ) Tj ET Q q 0 0 0 rg BT 356.58 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 371.63 509.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 402.52 509.10 Td (In ) Tj ET Q q 0 0 0 rg BT 413.69 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.74 509.10 Td (following ) Tj ET Q q 0 0 0 rg BT 470.47 509.10 Td (discussion, ) Tj ET Q q 0 0 0 rg BT 517.48 509.10 Td (we ) Tj ET Q q 0 0 0 rg BT 531.98 509.10 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.84 497.10 Td (net ) Tj ET Q q 0 0 0 rg BT 80.19 497.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 110.53 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 121.99 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 137.33 497.10 Td (above ) Tj ET Q q 0 0 0 rg BT 164.33 497.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 194.67 497.10 Td (on ) Tj ET Q q 0 0 0 rg BT 207.80 497.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.45 497.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.12 497.10 Td ( ) Tj ET Q q 0 0 0 rg BT 252.25 497.10 Td (that ) Tj ET Q q 0 0 0 rg BT 270.37 497.10 Td (is ) Tj ET Q q 0 0 0 rg BT 280.17 497.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 313.28 497.10 Td (from ) Tj ET Q q 0 0 0 rg BT 335.85 497.10 Td (our ) Tj ET Q q 0 0 0 rg BT 352.31 497.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 380.15 497.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 425.49 497.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 461.66 497.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 503.66 497.10 Td (telephony) Tj ET Q q 0 0 0 rg BT 542.44 497.10 Td (, ) Tj ET Q q 0 0 0 rg BT 548.07 497.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 79.77 485.10 Td (products.) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-6) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 72.00 713.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 115.05 713.25 Td (to ) Tj ET Q q 0 0 0 rg BT 125.33 713.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.25 Td (Historical ) Tj ET Q q 0 0 0 rg BT 109.50 689.25 Td (results ) Tj ET Q q 0 0 0 rg BT 138.18 689.25 Td (for ) Tj ET Q q 0 0 0 rg BT 152.41 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 167.19 689.25 Td (year ) Tj ET Q q 0 0 0 rg BT 186.97 689.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 213.41 689.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 272.07 689.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 297.13 689.25 Td (as ) Tj ET Q q 0 0 0 rg BT 308.03 689.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 350.02 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 360.37 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 375.16 689.25 Td (pro ) Tj ET Q q 0 0 0 rg BT 391.05 689.25 Td (forma ) Tj ET Q q 0 0 0 rg BT 417.50 689.25 Td (results ) Tj ET Q q 0 0 0 rg BT 446.18 689.25 Td (for ) Tj ET Q q 0 0 0 rg BT 460.41 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 475.19 689.25 Td (year ) Tj ET Q q 0 0 0 rg BT 494.97 689.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 521.41 689.25 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 64.50 677.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 89.50 677.25 Td (are ) Tj ET Q q 0 0 0 rg BT 104.21 677.25 Td (set ) Tj ET Q q 0 0 0 rg BT 117.82 677.25 Td (forth ) Tj ET Q q 0 0 0 rg BT 139.75 677.25 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 666.75 395.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 642.75 395.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 587.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 587.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 587.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 587.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 547.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 547.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 547.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 547.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 517.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 517.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 517.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 517.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 487.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 487.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 487.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 487.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 457.75 395.00 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/GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 366.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 366.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 336.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 336.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 336.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 336.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 306.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 306.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 306.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 306.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 276.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 276.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 276.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 276.75 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 642.75 m 501 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 642.75 m 505 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 642.75 m 501 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 628.75 m 501 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 642.75 m 505 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 642.75 m 562 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 628.75 m 562 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 572.75 m 501 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 572.75 m 562 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 457.75 m 501 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 457.75 m 562 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 457.75 m 501 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 442.75 m 501 442.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 457.75 m 562 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 442.75 m 562 442.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 442.75 m 501 442.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 427.75 m 501 427.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 442.75 m 562 442.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 427.75 m 562 427.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 306.75 m 501 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 306.75 m 562 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 306.75 m 501 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 291.75 m 501 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 306.75 m 562 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 291.75 m 562 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 291.75 m 501 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 291.75 m 562 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 261.75 m 501 261.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 261.75 m 562 261.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 261.75 m 501 261.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 247.75 m 501 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 245.75 m 501 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 261.75 m 562 261.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 247.75 m 562 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 245.75 m 562 245.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.95 658.15 Td (Y) Tj ET Q q 0 0 0 rg BT 486.95 658.15 Td (ear) Tj ET Q q 0 0 0 rg BT 498.86 658.15 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.30 646.15 Td (December) Tj ET Q q 0 0 0 rg BT 515.19 646.15 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 633.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 633.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.35 620.20 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.45 607.20 Td (pr) Tj ET Q q 0 0 0 rg BT 522.29 607.20 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 577.42 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 577.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 577.42 Td (3,895.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.50 577.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 577.42 Td (3,974.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 563.32 Td (Operating costs and expenses \(exclusive of depreciation and amortization, shown separately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 553.32 Td (below\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 537.42 Td (Programming and other direct costs of services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 537.42 Td (858.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 537.42 Td (874.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 522.42 Td (Other operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 522.42 Td (467.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 522.42 Td (480.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 507.42 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 507.42 Td (643.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 507.42 Td (689.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 492.42 Td (Char) Tj ET Q q 0 0 0 rg BT 79.85 492.42 Td (ges for JV) Tj ET Q q 0 0 0 rg BT 120.77 492.42 Td ( Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 492.42 Td (227.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 492.42 Td (243.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 477.42 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 477.42 Td (1,552.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 477.42 Td (1,486.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 462.42 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 462.42 Td (35.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 462.42 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 447.42 Td (3,784.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 447.42 Td (3,781.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 433.32 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 432.42 Td (1) Tj ET Q q 0 0 0 rg BT 479.65 432.42 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 432.42 Td (193.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 417.42 Td (Non-operating income \(expense\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 401.42 Td (Interest expense:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 386.42 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 386.47 Td (\(473.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 386.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 386.47 Td (\(463.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 386.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 371.42 Td (Related-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 371.47 Td (\(101.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 371.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 371.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 540.63 371.47 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 371.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 356.42 Td (Realized and unrealized gains \(losses\) on derivative instruments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 356.42 Td (295.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 356.47 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 356.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 341.42 Td (Foreign currency transaction gains \(losses\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 341.47 Td (\(232.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 341.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 341.42 Td (666.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 326.42 Td (Gains on debt modification and extinguishment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 326.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 326.42 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 311.42 Td (Other income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 311.42 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 311.42 Td (16.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 296.47 Td (\(506.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 296.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 296.47 Td (\(514.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 296.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 281.42 Td (Loss before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 281.47 Td (\(395.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 281.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 281.47 Td (\(321.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 281.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 266.42 Td (Income tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 266.42 Td (318.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 266.42 Td (91.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 251.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 251.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 251.47 Td (\(77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.50 251.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 251.47 Td (\(229.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-7) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.55 689.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 119.70 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 132.20 689.10 Td (major ) Tj ET Q q 0 0 0 rg BT 158.02 689.10 Td (category ) Tj ET Q q 0 0 0 rg BT 194.95 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 204.12 689.10 Td (set ) Tj ET Q q 0 0 0 rg BT 217.72 689.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 239.66 689.10 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 624.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 579.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 579.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 579.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 579.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 579.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 579.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 579.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 549.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 549.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 549.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 549.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 549.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 549.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 549.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 549.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 519.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 519.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 519.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 519.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 519.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 519.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 519.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 519.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 489.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 489.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 489.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 489.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 489.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 489.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 489.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 489.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 459.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 459.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 459.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 459.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 459.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 459.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 459.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 459.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 429.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 429.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 429.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 429.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 429.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 429.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 429.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 429.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 399.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 399.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 399.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 399.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 399.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 399.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 399.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 399.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 369.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 369.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 369.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 369.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 369.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 369.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 369.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 369.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 339.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 339.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 339.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 339.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 339.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 339.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 339.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 339.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 309.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 309.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 309.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 309.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 309.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 309.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 309.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 309.60 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 638.6 m 493 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 638.6 m 498 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 638.6 m 356 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 624.6 m 356 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 638.6 m 361 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 638.6 m 425 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 624.6 m 425 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 638.6 m 493 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 624.6 m 493 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 638.6 m 498 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 638.6 m 562 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 624.6 m 562 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 549.6 m 356 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 549.6 m 425 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 549.6 m 493 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 549.6 m 562 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 549.6 m 356 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 534.6 m 356 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 549.6 m 425 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 534.6 m 425 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 549.6 m 493 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 534.6 m 493 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 549.6 m 562 549.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 534.6 m 562 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 489.6 m 356 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 489.6 m 425 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 489.6 m 493 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 489.6 m 562 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 489.6 m 356 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 474.6 m 356 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 489.6 m 425 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 474.6 m 425 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 489.6 m 493 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 474.6 m 493 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 489.6 m 562 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 474.6 m 562 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 459.6 m 356 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 459.6 m 425 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 459.6 m 493 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 459.6 m 562 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 414.6 m 356 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 414.6 m 425 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 414.6 m 493 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 414.6 m 562 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 414.6 m 356 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 399.6 m 356 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 414.6 m 425 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 399.6 m 425 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 414.6 m 493 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 399.6 m 493 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 414.6 m 562 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 399.6 m 562 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 354.6 m 356 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 354.6 m 425 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 354.6 m 493 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 354.6 m 562 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 354.6 m 356 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 339.6 m 356 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 354.6 m 425 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 339.6 m 425 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 354.6 m 493 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 339.6 m 493 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 354.6 m 562 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 339.6 m 562 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 339.6 m 356 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 324.6 m 356 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 339.6 m 425 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 324.6 m 425 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 339.6 m 493 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 324.6 m 493 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 339.6 m 562 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 324.6 m 562 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 324.6 m 356 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 309.6 m 356 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 324.6 m 425 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 309.6 m 425 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 324.6 m 493 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 309.6 m 493 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 324.6 m 562 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 309.6 m 562 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 295.6 m 356 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 293.6 m 356 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 295.6 m 425 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 293.6 m 425 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 309.6 m 493 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 295.6 m 493 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 293.6 m 493 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 309.6 m 562 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 295.6 m 562 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 293.6 m 562 293.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 657.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 657.05 Td (Y) Tj ET Q q 0 0 0 rg BT 342.95 657.05 Td (ear) Tj ET Q q 0 0 0 rg BT 354.86 657.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 643.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.30 643.05 Td (December) Tj ET Q q 0 0 0 rg BT 371.19 643.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.30 643.05 Td (Incr) Tj ET Q q 0 0 0 rg BT 474.63 643.05 Td (ease \(decr) Tj ET Q q 0 0 0 rg BT 512.70 643.05 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.00 629.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.50 629.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.25 629.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.00 629.05 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.10 614.05 Td (in millions, except % amounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.95 599.05 Td (pr) Tj ET Q q 0 0 0 rg BT 381.79 599.05 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 585.17 Td (Consumer cable revenue \(a\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 570.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 569.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 569.27 Td (1,980.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.50 569.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 569.27 Td (2,006.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 569.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 569.32 Td (\(26.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 569.27 Td (\(1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 569.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 555.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 554.27 Td (17.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 554.27 Td (22.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 554.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 554.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.95 554.27 Td (\(21.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 554.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 540.17 Td (T) Tj ET Q q 0 0 0 rg BT 69.26 540.17 Td (otal consumer cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 539.27 Td (1,998.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 539.27 Td (2,029.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 539.32 Td (\(31.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 539.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 539.27 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 539.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 525.17 Td (Consumer mobile revenue \(b\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 510.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 509.27 Td (669.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 509.27 Td (640.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 509.27 Td (29.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 509.27 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 509.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 495.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 494.27 Td (215.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 494.27 Td (243.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 494.32 Td (\(28.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 494.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.95 494.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 537.28 494.27 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 494.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 480.17 Td (T) Tj ET Q q 0 0 0 rg BT 69.26 480.17 Td (otal consumer mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 479.27 Td (885.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 479.27 Td (884.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 479.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 479.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 479.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 465.17 Td ( ) Tj ET Q q 0 0 0 rg BT 68.91 465.17 Td (T) Tj ET Q q 0 0 0 rg BT 74.58 465.17 Td (otal consumer revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 464.27 Td (2,883.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 464.27 Td (2,913.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 464.32 Td (\(30.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 464.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 464.27 Td (\(1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 464.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 450.17 Td (B2B cable revenue \(c\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 435.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 434.27 Td (407.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 434.27 Td (376.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 434.27 Td (31.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 434.27 Td (8.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 434.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 420.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 419.27 Td (24.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 419.27 Td (27.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 419.32 Td (\(3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 419.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.95 419.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 537.28 419.27 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 419.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 405.17 Td (T) Tj ET Q q 0 0 0 rg BT 69.26 405.17 Td (otal B2B cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 404.27 Td (431.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 404.27 Td (403.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 404.27 Td (27.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 404.27 Td (6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 404.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 390.17 Td (B2B mobile revenue \(d\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 375.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 374.27 Td (430.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 374.27 Td (506.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 374.32 Td (\(75.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 374.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.95 374.27 Td (\(14.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 374.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 360.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 359.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 359.27 Td (105.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 359.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 359.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 359.27 Td (\(4.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 359.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 345.17 Td (T) Tj ET Q q 0 0 0 rg BT 68.91 345.17 Td (otal B2B mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 344.27 Td (530.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 344.27 Td (61) Tj ET Q q 0 0 0 rg BT 408.65 344.27 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 344.32 Td (\(80.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 344.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.95 344.27 Td (\(13.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 344.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 330.17 Td ( ) Tj ET Q q 0 0 0 rg BT 68.91 330.17 Td (T) Tj ET Q q 0 0 0 rg BT 74.58 330.17 Td (otal B2B revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 329.27 Td (962.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 329.27 Td (1,014.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 329.32 Td (\(52.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 329.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 329.27 Td (\(5.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 329.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 315.17 Td (Other revenue \(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 314.27 Td (50.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 314.27 Td (46.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 314.27 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 314.27 Td (8.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 314.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 300.17 Td (T) Tj ET Q q 0 0 0 rg BT 74.91 300.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 299.27 Td (3,895.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.50 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 299.27 Td (3,974.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 299.32 Td (\(79.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 299.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.95 299.27 Td (\(2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 299.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (__________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 259.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 122.55 259.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 148.58 259.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 185.16 259.10 Td (is ) Tj ET Q q 0 0 0 rg BT 196.77 259.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 239.47 259.10 Td (as ) Tj ET Q q 0 0 0 rg BT 252.74 259.10 Td (either ) Tj ET Q q 0 0 0 rg BT 280.44 259.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 334.27 259.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 370.85 259.10 Td (or ) Tj ET Q q 0 0 0 rg BT 384.12 259.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 456.28 259.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 495.36 259.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 541.41 259.10 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 247.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 127.86 247.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 161.99 247.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 197.79 247.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 231.91 247.10 Td (from ) Tj ET Q q 0 0 0 rg BT 253.83 247.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 301.29 247.10 Td (for ) Tj ET Q q 0 0 0 rg BT 315.43 247.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 350.69 247.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 395.37 247.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 430.89 247.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 458.08 247.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.00 247.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 499.13 247.10 Td (services ) Tj ET Q q 0 0 0 rg BT 533.82 247.10 Td (of) Tj ET Q q 0 0 0 rg BT 541.96 247.10 Td (fered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 235.10 Td (to ) Tj ET Q q 0 0 0 rg BT 86.52 235.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 130.42 235.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 173.21 235.10 Td (and ) Tj ET Q q 0 0 0 rg BT 189.89 235.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.36 235.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 252.14 235.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.72 235.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 298.27 235.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 344.95 235.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 378.84 235.10 Td (over ) Tj ET Q q 0 0 0 rg BT 398.86 235.10 Td (the ) Tj ET Q q 0 0 0 rg BT 413.32 235.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 456.66 235.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 491.11 235.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 521.40 235.10 Td (Consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 223.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 100.05 223.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 169.72 223.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 203.82 223.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 242.11 223.10 Td (among ) Tj ET Q q 0 0 0 rg BT 271.78 223.10 Td (other ) Tj ET Q q 0 0 0 rg BT 294.78 223.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 321.40 223.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 354.95 223.10 Td (carriage ) Tj ET Q q 0 0 0 rg BT 389.60 223.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 410.66 223.10 Td (late ) Tj ET Q q 0 0 0 rg BT 427.54 223.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 448.60 223.10 Td (and ) Tj ET Q q 0 0 0 rg BT 465.49 223.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 499.60 223.10 Td (from ) Tj ET Q q 0 0 0 rg BT 521.49 223.10 Td (the ) Tj ET Q q 0 0 0 rg BT 536.16 223.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 554.17 223.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 211.10 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 123.05 211.10 Td (Subscription ) Tj ET Q q 0 0 0 rg BT 175.44 211.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 208.93 211.10 Td (from ) Tj ET Q q 0 0 0 rg BT 230.20 211.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 277.03 211.10 Td (who ) Tj ET Q q 0 0 0 rg BT 296.09 211.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 333.46 211.10 Td (bundled ) Tj ET Q q 0 0 0 rg BT 367.52 211.10 Td (services ) Tj ET Q q 0 0 0 rg BT 401.56 211.10 Td (at ) Tj ET Q q 0 0 0 rg BT 410.62 211.10 Td (a ) Tj ET Q q 0 0 0 rg BT 416.89 211.10 Td (discounted ) Tj ET Q q 0 0 0 rg BT 462.05 211.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 478.88 211.10 Td (is ) Tj ET Q q 0 0 0 rg BT 487.38 211.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 526.42 211.10 Td (allocated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 199.10 Td (proportionally ) Tj ET Q q 0 0 0 rg BT 136.11 199.10 Td (to ) Tj ET Q q 0 0 0 rg BT 146.29 199.10 Td (each ) Tj ET Q q 0 0 0 rg BT 167.01 199.10 Td (service ) Tj ET Q q 0 0 0 rg BT 197.72 199.10 Td (based ) Tj ET Q q 0 0 0 rg BT 222.89 199.10 Td (on ) Tj ET Q q 0 0 0 rg BT 235.29 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 249.91 199.10 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 298.40 199.10 Td (price ) Tj ET Q q 0 0 0 rg BT 320.78 199.10 Td (for ) Tj ET Q q 0 0 0 rg BT 334.84 199.10 Td (each ) Tj ET Q q 0 0 0 rg BT 355.56 199.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 398.51 199.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 431.20 199.10 Td (As ) Tj ET Q q 0 0 0 rg BT 444.71 199.10 Td (a ) Tj ET Q q 0 0 0 rg BT 451.55 199.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 478.67 199.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 513.27 199.10 Td (in ) Tj ET Q q 0 0 0 rg BT 523.45 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 538.07 199.10 Td (stand-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 187.10 Td (alone ) Tj ET Q q 0 0 0 rg BT 101.37 187.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 132.92 187.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.46 187.10 Td (our ) Tj ET Q q 0 0 0 rg BT 161.01 187.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 185.32 187.10 Td (and ) Tj ET Q q 0 0 0 rg BT 202.98 187.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 233.97 187.10 Td (products ) Tj ET Q q 0 0 0 rg BT 271.63 187.10 Td (or ) Tj ET Q q 0 0 0 rg BT 283.17 187.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.61 187.10 Td (composition ) Tj ET Q q 0 0 0 rg BT 351.27 187.10 Td (of ) Tj ET Q q 0 0 0 rg BT 362.82 187.10 Td (bundles ) Tj ET Q q 0 0 0 rg BT 397.14 187.10 Td (can ) Tj ET Q q 0 0 0 rg BT 414.24 187.10 Td (contribute ) Tj ET Q q 0 0 0 rg BT 458.00 187.10 Td (to ) Tj ET Q q 0 0 0 rg BT 469.00 187.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 504.42 187.10 Td (in ) Tj ET Q q 0 0 0 rg BT 515.42 187.10 Td (our ) Tj ET Q q 0 0 0 rg BT 531.96 187.10 Td (product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 175.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.65 175.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 153.68 175.10 Td (from ) Tj ET Q q 0 0 0 rg BT 175.62 175.10 Td (period ) Tj ET Q q 0 0 0 rg BT 203.66 175.10 Td (to ) Tj ET Q q 0 0 0 rg BT 213.94 175.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 151.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 119.74 151.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 149.65 151.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 183.43 151.10 Td (is ) Tj ET Q q 0 0 0 rg BT 192.24 151.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 232.14 151.10 Td (as ) Tj ET Q q 0 0 0 rg BT 242.60 151.10 Td (either ) Tj ET Q q 0 0 0 rg BT 267.50 151.10 Td (service ) Tj ET Q q 0 0 0 rg BT 297.95 151.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 331.73 151.10 Td (or ) Tj ET Q q 0 0 0 rg BT 342.20 151.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 390.98 151.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 427.26 151.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 470.50 151.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 500.41 151.10 Td (service ) Tj ET Q q 0 0 0 rg BT 530.86 151.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 139.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 112.80 139.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 147.43 139.10 Td (from ) Tj ET Q q 0 0 0 rg BT 169.84 139.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 205.60 139.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 236.35 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 253.77 139.10 Td (data ) Tj ET Q q 0 0 0 rg BT 273.40 139.10 Td (services ) Tj ET Q q 0 0 0 rg BT 308.59 139.10 Td (of) Tj ET Q q 0 0 0 rg BT 316.74 139.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 340.25 139.10 Td (under ) Tj ET Q q 0 0 0 rg BT 366.00 139.10 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 402.87 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 420.28 139.10 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 453.25 139.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 510.09 139.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.85 139.10 Td (residential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 127.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 121.99 127.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 165.53 127.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.75 127.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 244.83 127.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 278.91 127.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 317.18 127.10 Td (among ) Tj ET Q q 0 0 0 rg BT 346.83 127.10 Td (other ) Tj ET Q q 0 0 0 rg BT 369.82 127.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 396.42 127.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 448.28 127.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 484.87 127.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 515.08 127.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 548.06 127.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 115.10 Td (accessories ) Tj ET Q q 0 0 0 rg BT 123.98 115.10 Td (sales, ) Tj ET Q q 0 0 0 rg BT 148.41 115.10 Td (and ) Tj ET Q q 0 0 0 rg BT 165.35 115.10 Td (late ) Tj ET Q q 0 0 0 rg BT 182.29 115.10 Td (fees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 91.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 91.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 96.79 91.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 119.83 91.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 153.42 91.10 Td (is ) Tj ET Q q 0 0 0 rg BT 162.04 91.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 201.75 91.10 Td (as ) Tj ET Q q 0 0 0 rg BT 212.03 91.10 Td (either ) Tj ET Q q 0 0 0 rg BT 236.74 91.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 287.57 91.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 321.16 91.10 Td (or ) Tj ET Q q 0 0 0 rg BT 331.44 91.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 400.61 91.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 436.70 91.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 456.99 91.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 480.03 91.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 530.86 91.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 79.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 113.22 79.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 148.26 79.10 Td (from ) Tj ET Q q 0 0 0 rg BT 171.09 79.10 Td (business ) Tj ET Q q 0 0 0 rg BT 208.37 79.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 253.97 79.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 290.41 79.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 318.51 79.10 Td (voice, ) Tj ET Q q 0 0 0 rg BT 346.06 79.10 Td (and ) Tj ET Q q 0 0 0 rg BT 363.89 79.10 Td (data ) Tj ET Q q 0 0 0 rg BT 383.94 79.10 Td (services ) Tj ET Q q 0 0 0 rg BT 419.54 79.10 Td (of) Tj ET Q q 0 0 0 rg BT 427.69 79.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 451.62 79.10 Td (to ) Tj ET Q q 0 0 0 rg BT 462.79 79.10 Td (small ) Tj ET Q q 0 0 0 rg BT 487.85 79.10 Td (of) Tj ET Q q 0 0 0 rg BT 496.00 79.10 Td (fice/home ) Tj ET Q q 0 0 0 rg BT 539.37 79.10 Td (of) Tj ET Q q 0 0 0 rg BT 547.52 79.10 Td (fice ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 67.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.83 67.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.73 67.10 Td (, ) Tj ET Q q 0 0 0 rg BT 114.50 67.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 154.97 67.10 Td (fewer ) Tj ET Q q 0 0 0 rg BT 181.01 67.10 Td (than ) Tj ET Q q 0 0 0 rg BT 201.50 67.10 Td (five ) Tj ET Q q 0 0 0 rg BT 220.32 67.10 Td (employees\) ) Tj ET Q q 0 0 0 rg BT 269.68 67.10 Td (and ) Tj ET Q q 0 0 0 rg BT 287.39 67.10 Td (small ) Tj ET Q q 0 0 0 rg BT 312.33 67.10 Td (and ) Tj ET Q q 0 0 0 rg BT 330.04 67.10 Td (medium ) Tj ET Q q 0 0 0 rg BT 366.09 67.10 Td (to ) Tj ET Q q 0 0 0 rg BT 377.14 67.10 Td (lar) Tj ET Q q 0 0 0 rg BT 387.51 67.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 400.22 67.10 Td (enterprises. ) Tj ET Q q 0 0 0 rg BT 449.31 67.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 470.92 67.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 495.29 67.10 Td (non-subscription ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 55.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.65 55.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 148.97 55.10 Td (among ) Tj ET Q q 0 0 0 rg BT 178.69 55.10 Td (other ) Tj ET Q q 0 0 0 rg BT 201.73 55.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 228.40 55.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 262.54 55.10 Td (from ) Tj ET Q q 0 0 0 rg BT 284.48 55.10 Td (hosting ) Tj ET Q q 0 0 0 rg BT 316.43 55.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 353.64 55.10 Td (carriage ) Tj ET Q q 0 0 0 rg BT 388.33 55.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 409.43 55.10 Td (and ) Tj ET Q q 0 0 0 rg BT 426.37 55.10 Td (interconnect. ) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 701.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 97.60 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 128.14 701.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 162.55 701.10 Td (is ) Tj ET Q q 0 0 0 rg BT 171.99 701.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 212.52 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 223.61 701.10 Td (either ) Tj ET Q q 0 0 0 rg BT 249.14 701.10 Td (service ) Tj ET Q q 0 0 0 rg BT 280.22 701.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 314.63 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 325.73 701.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 375.14 701.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 412.05 701.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 433.15 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.69 701.10 Td (service ) Tj ET Q q 0 0 0 rg BT 494.77 701.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 529.18 701.10 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 689.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.80 689.10 Td (from ) Tj ET Q q 0 0 0 rg BT 132.89 689.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 168.32 689.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 198.75 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.84 689.10 Td (data ) Tj ET Q q 0 0 0 rg BT 235.15 689.10 Td (services ) Tj ET Q q 0 0 0 rg BT 270.01 689.10 Td (of) Tj ET Q q 0 0 0 rg BT 278.16 689.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 301.35 689.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.79 689.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.01 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 344.17 689.10 Td (small, ) Tj ET Q q 0 0 0 rg BT 370.98 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 388.08 689.10 Td (medium ) Tj ET Q q 0 0 0 rg BT 423.50 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 433.94 689.10 Td (lar) Tj ET Q q 0 0 0 rg BT 444.30 689.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 456.40 689.10 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 498.47 689.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 544.17 689.10 Td (B2B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 677.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 106.74 677.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 155.85 677.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 189.96 677.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 228.25 677.10 Td (among ) Tj ET Q q 0 0 0 rg BT 257.93 677.10 Td (other ) Tj ET Q q 0 0 0 rg BT 280.94 677.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 307.57 677.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 359.46 677.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 396.07 677.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 426.30 677.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 459.32 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 476.22 677.10 Td (accessories ) Tj ET Q q 0 0 0 rg BT 523.66 677.10 Td (sales, ) Tj ET Q q 0 0 0 rg BT 548.06 677.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 665.10 Td (late ) Tj ET Q q 0 0 0 rg BT 93.43 665.10 Td (fees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 641.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.39 641.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.15 641.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 173.09 641.10 Td (among ) Tj ET Q q 0 0 0 rg BT 202.42 641.10 Td (other ) Tj ET Q q 0 0 0 rg BT 225.09 641.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 251.37 641.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 307.92 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 324.47 641.10 Td (advertising ) Tj ET Q q 0 0 0 rg BT 371.02 641.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 404.79 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.34 641.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 455.10 641.10 Td (related ) Tj ET Q q 0 0 0 rg BT 484.42 641.10 Td (to ) Tj ET Q q 0 0 0 rg BT 494.32 641.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 523.64 641.10 Td (personnel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 629.10 Td (services ) Tj ET Q q 0 0 0 rg BT 111.21 629.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 149.25 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.35 629.10 Td (V) Tj ET Q q 0 0 0 rg BT 165.28 629.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 199.99 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 216.93 629.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 248.86 629.10 Td (Global.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 605.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.39 605.10 Td (details ) Tj ET Q q 0 0 0 rg BT 113.84 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.52 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.08 605.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 154.75 605.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 180.98 605.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 217.73 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 227.86 605.10 Td (our ) Tj ET Q q 0 0 0 rg BT 243.53 605.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 277.52 605.10 Td (during ) Tj ET Q q 0 0 0 rg BT 305.98 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 320.54 605.10 Td (year ) Tj ET Q q 0 0 0 rg BT 340.09 605.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 366.31 605.10 Td (December ) Tj ET Q q 0 0 0 rg BT 409.74 605.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 424.59 605.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 449.43 605.10 Td (as ) Tj ET Q q 0 0 0 rg BT 460.11 605.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 501.88 605.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 605.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.00 605.10 Td (, ) Tj ET Q q 0 0 0 rg BT 536.85 605.10 Td (are ) Tj ET Q q 0 0 0 rg BT 551.40 605.10 Td (set ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 71.44 593.10 Td (below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 508.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 508.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 508.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 508.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 478.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 478.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 478.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 478.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 478.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 478.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 448.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 448.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 448.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 448.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 418.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 418.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 418.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 418.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 388.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 388.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 388.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 388.60 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 536.6 m 442 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 536.6 m 446 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 536.6 m 502 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 536.6 m 506 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 536.6 m 562 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 463.6 m 442 463.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 463.6 m 502 463.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 463.6 m 562 463.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 388.6 m 442 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 374.6 m 442 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 372.6 m 442 372.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 388.6 m 502 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 374.6 m 502 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 372.6 m 502 372.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 388.6 m 562 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 374.6 m 562 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 372.6 m 562 372.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.95 559.05 Td (Subscription) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 550.05 Td (/Service ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.30 541.05 Td (r) Tj ET Q q 0 0 0 rg BT 402.13 541.05 Td (evenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.95 568.05 Td (Non-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.70 559.05 Td (subscription) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 550.05 Td (/Non-service) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.30 541.05 Td (r) Tj ET Q q 0 0 0 rg BT 462.13 541.05 Td (evenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.65 541.05 Td (T) Tj ET Q q 0 0 0 rg BT 528.83 541.05 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.35 528.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 513.27 Td (Decrease in consumer cable subscription revenue due to change in:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 498.27 Td (A) Tj ET Q q 0 0 0 rg BT 64.35 498.27 Td (verage number of RGUs \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 498.32 Td (\(10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.50 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 498.32 Td (\(10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 483.27 Td (ARPU \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 483.32 Td (\(15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 483.32 Td (\(15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 468.27 Td (Decrease in consumer cable non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 468.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 468.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 468.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 468.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 453.27 Td (T) Tj ET Q q 0 0 0 rg BT 70.41 453.27 Td (otal decrease in consumer cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 453.32 Td (\(26.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 453.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 453.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 453.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 453.32 Td (\(31.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 453.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 438.27 Td (Increase \(decrease\) in consumer mobile revenue \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 438.27 Td (29.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 438.32 Td (\(28.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 438.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 438.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 423.27 Td (Increase \(decrease\) in B2B cable revenue \(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 423.27 Td (31.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 423.32 Td (\(3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 423.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 423.27 Td (27.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 408.27 Td (Decrease in B2B mobile revenue \(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 408.32 Td (\(75.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 408.32 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 408.32 Td (\(80.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 393.27 Td (Increase in other revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 393.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 393.27 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 393.27 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 378.27 Td (T) Tj ET Q q 0 0 0 rg BT 70.41 378.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 378.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 378.32 Td (\(41.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 378.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.50 378.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 378.32 Td (\(37.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 378.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 378.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 378.32 Td (\(79.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 378.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 338.10 Td (The ) Tj ET Q q 0 0 0 rg BT 95.02 338.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 132.41 338.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.17 338.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 167.24 338.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 219.10 338.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 253.72 338.10 Td (related ) Tj ET Q q 0 0 0 rg BT 283.90 338.10 Td (to ) Tj ET Q q 0 0 0 rg BT 294.65 338.10 Td (a ) Tj ET Q q 0 0 0 rg BT 302.07 338.10 Td (change ) Tj ET Q q 0 0 0 rg BT 333.36 338.10 Td (in ) Tj ET Q q 0 0 0 rg BT 344.11 338.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.31 338.10 Td (average ) Tj ET Q q 0 0 0 rg BT 393.37 338.10 Td (number ) Tj ET Q q 0 0 0 rg BT 426.89 338.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.20 338.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.31 338.10 Td (s ) Tj ET Q q 0 0 0 rg BT 466.18 338.10 Td (is ) Tj ET Q q 0 0 0 rg BT 475.82 338.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 524.34 338.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.09 338.10 Td (the ) Tj ET Q q 0 0 0 rg BT 550.28 338.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 326.10 Td (ef) Tj ET Q q 0 0 0 rg BT 84.09 326.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 102.29 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.83 326.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 126.48 326.10 Td (a ) Tj ET Q q 0 0 0 rg BT 134.14 326.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 171.77 326.10 Td (in ) Tj ET Q q 0 0 0 rg BT 182.76 326.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.19 326.10 Td (average ) Tj ET Q q 0 0 0 rg BT 232.49 326.10 Td (number ) Tj ET Q q 0 0 0 rg BT 266.25 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.79 326.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 301.56 326.10 Td (video ) Tj ET Q q 0 0 0 rg BT 326.99 326.10 Td (and ) Tj ET Q q 0 0 0 rg BT 344.64 326.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 386.73 326.10 Td (telephony ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.37 326.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.49 326.10 Td (s ) Tj ET Q q 0 0 0 rg BT 457.59 326.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.25 326.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 490.68 326.10 Td (an ) Tj ET Q q 0 0 0 rg BT 503.33 326.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 539.30 326.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 326.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 314.10 Td (average ) Tj ET Q q 0 0 0 rg BT 110.08 314.10 Td (number ) Tj ET Q q 0 0 0 rg BT 143.13 314.10 Td (of ) Tj ET Q q 0 0 0 rg BT 153.96 314.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 198.67 314.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 231.71 314.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.65 314.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 288.90 314.10 Td (video ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.62 314.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.73 314.10 Td (s.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 290.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.67 290.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.71 290.10 Td (in ) Tj ET Q q 0 0 0 rg BT 142.12 290.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 165.84 290.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 217.35 290.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 251.62 290.10 Td (related ) Tj ET Q q 0 0 0 rg BT 281.45 290.10 Td (to ) Tj ET Q q 0 0 0 rg BT 291.85 290.10 Td (a ) Tj ET Q q 0 0 0 rg BT 298.92 290.10 Td (change ) Tj ET Q q 0 0 0 rg BT 329.86 290.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.68 290.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.36 290.10 Td ( ) Tj ET Q q 0 0 0 rg BT 368.98 290.10 Td (is ) Tj ET Q q 0 0 0 rg BT 378.28 290.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 418.12 290.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 466.28 290.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.69 290.10 Td (net ) Tj ET Q q 0 0 0 rg BT 491.53 290.10 Td (ef) Tj ET Q q 0 0 0 rg BT 499.12 290.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 516.73 290.10 Td (of ) Tj ET Q q 0 0 0 rg BT 527.68 290.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 539.75 290.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 278.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.17 278.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.67 278.10 Td (from ) Tj ET Q q 0 0 0 rg BT 127.61 278.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 172.32 278.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 205.36 278.10 Td (and ) Tj ET Q q 0 0 0 rg BT 222.30 278.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 263.67 278.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 305.61 278.10 Td (services ) Tj ET Q q 0 0 0 rg BT 340.31 278.10 Td (and ) Tj ET Q q 0 0 0 rg BT 357.25 278.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 371.97 278.10 Td (a ) Tj ET Q q 0 0 0 rg BT 378.91 278.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 406.40 278.10 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 435.58 278.10 Td (from ) Tj ET Q q 0 0 0 rg BT 457.52 278.10 Td (video ) Tj ET Q q 0 0 0 rg BT 482.23 278.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 254.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.37 254.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 129.45 254.10 Td (in ) Tj ET Q q 0 0 0 rg BT 139.55 254.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 169.65 254.10 Td (service ) Tj ET Q q 0 0 0 rg BT 200.29 254.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 234.26 254.10 Td (is ) Tj ET Q q 0 0 0 rg BT 243.25 254.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 282.79 254.10 Td (due ) Tj ET Q q 0 0 0 rg BT 299.55 254.10 Td (to ) Tj ET Q q 0 0 0 rg BT 309.65 254.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.20 254.10 Td (net ) Tj ET Q q 0 0 0 rg BT 338.74 254.10 Td (ef) Tj ET Q q 0 0 0 rg BT 346.32 254.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 363.63 254.10 Td (of ) Tj ET Q q 0 0 0 rg BT 374.29 254.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 386.05 254.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 413.41 254.10 Td (ARPU, ) Tj ET Q q 0 0 0 rg BT 444.91 254.10 Td (including ) Tj ET Q q 0 0 0 rg BT 485.01 254.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.55 254.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 529.08 254.10 Td (of ) Tj ET Q q 0 0 0 rg BT 539.74 254.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 242.10 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 114.82 242.10 Td (roaming, ) Tj ET Q q 0 0 0 rg BT 153.97 242.10 Td (which ) Tj ET Q q 0 0 0 rg BT 181.74 242.10 Td (is ) Tj ET Q q 0 0 0 rg BT 191.74 242.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 232.28 242.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 281.15 242.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.26 242.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 308.92 242.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 352.79 242.10 Td (that ) Tj ET Q q 0 0 0 rg BT 371.11 242.10 Td (became ) Tj ET Q q 0 0 0 rg BT 404.98 242.10 Td (ef) Tj ET Q q 0 0 0 rg BT 412.56 242.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 443.10 242.10 Td (on ) Tj ET Q q 0 0 0 rg BT 456.43 242.10 Td (June ) Tj ET Q q 0 0 0 rg BT 478.09 242.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 493.92 242.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 519.75 242.10 Td (and ) Tj ET Q q 0 0 0 rg BT 537.52 242.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 553.06 242.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 230.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 111.12 230.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.77 230.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.85 230.10 Td (average ) Tj ET Q q 0 0 0 rg BT 167.80 230.10 Td (number ) Tj ET Q q 0 0 0 rg BT 200.22 230.10 Td (of ) Tj ET Q q 0 0 0 rg BT 210.42 230.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 240.06 230.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 286.92 230.10 Td (. ) Tj ET Q q 0 0 0 rg BT 291.15 230.10 Td (The ) Tj ET Q q 0 0 0 rg BT 308.56 230.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 344.84 230.10 Td (in ) Tj ET Q q 0 0 0 rg BT 354.49 230.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 384.13 230.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 432.64 230.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 466.16 230.10 Td (is ) Tj ET Q q 0 0 0 rg BT 474.70 230.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 513.77 230.10 Td (due ) Tj ET Q q 0 0 0 rg BT 530.08 230.10 Td (to ) Tj ET Q q 0 0 0 rg BT 539.73 230.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 218.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 129.31 218.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 166.86 218.10 Td (which ) Tj ET Q q 0 0 0 rg BT 194.69 218.10 Td (is ) Tj ET Q q 0 0 0 rg BT 204.76 218.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 245.36 218.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 294.30 218.10 Td (to ) Tj ET Q q 0 0 0 rg BT 305.47 218.10 Td (MTR ) Tj ET Q q 0 0 0 rg BT 330.54 218.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 374.48 218.10 Td (that ) Tj ET Q q 0 0 0 rg BT 392.87 218.10 Td (became ) Tj ET Q q 0 0 0 rg BT 426.80 218.10 Td (ef) Tj ET Q q 0 0 0 rg BT 434.38 218.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 464.98 218.10 Td (on ) Tj ET Q q 0 0 0 rg BT 478.38 218.10 Td (July ) Tj ET Q q 0 0 0 rg BT 498.44 218.10 Td (12, ) Tj ET Q q 0 0 0 rg BT 514.34 218.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 540.24 218.10 Td (and ) Tj ET Q q 0 0 0 rg BT 558.07 218.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 206.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 113.12 206.10 Td (in ) Tj ET Q q 0 0 0 rg BT 123.10 206.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 155.85 206.10 Td (sales. ) Tj ET Q q 0 0 0 rg BT 179.99 206.10 Td (For ) Tj ET Q q 0 0 0 rg BT 196.09 206.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 238.28 206.10 Td (information ) Tj ET Q q 0 0 0 rg BT 287.70 206.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 328.22 206.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 362.63 206.10 Td (in ) Tj ET Q q 0 0 0 rg BT 372.61 206.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 419.25 206.10 Td (related ) Tj ET Q q 0 0 0 rg BT 448.65 206.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.63 206.10 Td (EU ) Tj ET Q q 0 0 0 rg BT 474.17 206.10 Td (and ) Tj ET Q q 0 0 0 rg BT 490.81 206.10 Td (MTR ) Tj ET Q q 0 0 0 rg BT 514.68 206.10 Td (char) Tj ET Q q 0 0 0 rg BT 531.71 206.10 Td (ges, ) Tj ET Q q 0 0 0 rg BT 549.74 206.10 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 76.50 194.10 Td (OverviewCompetition ) Tj ET Q q 0 0 0 rg BT 172.32 194.10 Td (and ) Tj ET Q q 0 0 0 rg BT 189.82 194.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 215.65 194.10 Td (External ) Tj ET Q q 0 0 0 rg BT 252.58 194.10 Td (Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.25 194.10 Td ( ) Tj ET Q q 0 0 0 rg BT 291.75 194.10 Td (above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 170.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.77 170.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 130.25 170.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.76 170.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 161.83 170.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 185.65 170.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 237.26 170.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 271.63 170.10 Td (is ) Tj ET Q q 0 0 0 rg BT 281.03 170.10 Td (due ) Tj ET Q q 0 0 0 rg BT 298.20 170.10 Td (to ) Tj ET Q q 0 0 0 rg BT 308.70 170.10 Td (an ) Tj ET Q q 0 0 0 rg BT 320.87 170.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 356.35 170.10 Td (in ) Tj ET Q q 0 0 0 rg BT 366.85 170.10 Td (the ) Tj ET Q q 0 0 0 rg BT 381.80 170.10 Td (average ) Tj ET Q q 0 0 0 rg BT 415.61 170.10 Td (number ) Tj ET Q q 0 0 0 rg BT 448.88 170.10 Td (of ) Tj ET Q q 0 0 0 rg BT 459.94 170.10 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 487.67 170.10 Td (across ) Tj ET Q q 0 0 0 rg BT 515.39 170.10 Td (all ) Tj ET Q q 0 0 0 rg BT 528.11 170.10 Td (our ) Tj ET Q q 0 0 0 rg BT 544.17 170.10 Td (B2B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 158.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 116.95 158.10 Td (which ) Tj ET Q q 0 0 0 rg BT 144.90 158.10 Td (are ) Tj ET Q q 0 0 0 rg BT 160.62 158.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 201.34 158.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 230.40 158.10 Td (by ) Tj ET Q q 0 0 0 rg BT 243.92 158.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 280.21 158.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 315.37 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 327.22 158.10 Td (our ) Tj ET Q q 0 0 0 rg BT 344.06 158.10 Td (successful ) Tj ET Q q 0 0 0 rg BT 388.67 158.10 Td (business-oriented ) Tj ET Q q 0 0 0 rg BT 462.17 158.10 Td (of) Tj ET Q q 0 0 0 rg BT 470.32 158.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 488.82 158.10 Td (such ) Tj ET Q q 0 0 0 rg BT 510.66 158.10 Td (as ) Tj ET Q q 0 0 0 rg BT 522.50 158.10 Td (Business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 146.10 Td (Internet ) Tj ET Q q 0 0 0 rg BT 110.09 146.10 Td (Pro ) Tj ET Q q 0 0 0 rg BT 130.92 146.10 Td (and ) Tj ET Q q 0 0 0 rg BT 147.86 146.10 Td (integrated ) Tj ET Q q 0 0 0 rg BT 190.34 146.10 Td (communication ) Tj ET Q q 0 0 0 rg BT 255.05 146.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 294.49 146.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 330.31 146.10 Td (of) Tj ET Q q 0 0 0 rg BT 338.46 146.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 355.40 146.10 Td (by ) Tj ET Q q 0 0 0 rg BT 367.90 146.10 Td (a ) Tj ET Q q 0 0 0 rg BT 374.83 146.10 Td (decline ) Tj ET Q q 0 0 0 rg BT 406.21 146.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.93 146.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.61 146.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.10 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 122.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.02 122.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 130.40 122.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.15 122.10 Td (B2B ) Tj ET Q q 0 0 0 rg BT 160.47 122.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 190.21 122.10 Td (service ) Tj ET Q q 0 0 0 rg BT 220.50 122.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 254.12 122.10 Td (is ) Tj ET Q q 0 0 0 rg BT 262.76 122.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 301.94 122.10 Td (due ) Tj ET Q q 0 0 0 rg BT 318.35 122.10 Td (to ) Tj ET Q q 0 0 0 rg BT 328.10 122.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 339.51 122.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 372.02 122.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 402.32 122.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 428.73 122.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 471.79 122.10 Td (with ) Tj ET Q q 0 0 0 rg BT 491.54 122.10 Td (medium ) Tj ET Q q 0 0 0 rg BT 526.29 122.10 Td (and ) Tj ET Q q 0 0 0 rg BT 542.70 122.10 Td (lar) Tj ET Q q 0 0 0 rg BT 553.06 122.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 110.10 Td (segments ) Tj ET Q q 0 0 0 rg BT 116.60 110.10 Td (and ) Tj ET Q q 0 0 0 rg BT 133.92 110.10 Td (with ) Tj ET Q q 0 0 0 rg BT 154.58 110.10 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 184.69 110.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 228.12 110.10 Td (switching ) Tj ET Q q 0 0 0 rg BT 269.89 110.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.55 110.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 322.31 110.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 352.96 110.10 Td (plans, ) Tj ET Q q 0 0 0 rg BT 379.45 110.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 394.55 110.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 420.20 110.10 Td (out-of-bundle ) Tj ET Q q 0 0 0 rg BT 478.07 110.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 515.10 110.10 Td (and ) Tj ET Q q 0 0 0 rg BT 532.42 110.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 550.30 110.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 98.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 106.92 98.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.46 98.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 144.43 98.10 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 182.63 98.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 219.16 98.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 254.01 98.10 Td (and ) Tj ET Q q 0 0 0 rg BT 271.66 98.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 324.29 98.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 359.14 98.10 Td (related ) Tj ET Q q 0 0 0 rg BT 389.55 98.10 Td (to ) Tj ET Q q 0 0 0 rg BT 400.54 98.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.96 98.10 Td (same ) Tj ET Q q 0 0 0 rg BT 439.72 98.10 Td (regulation ) Tj ET Q q 0 0 0 rg BT 483.47 98.10 Td (as ) Tj ET Q q 0 0 0 rg BT 495.01 98.10 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 540.43 98.10 Td (in ) Tj ET Q q 0 0 0 rg BT 551.41 98.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 86.10 Td (above. ) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (II-9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 68.13 713.10 Td (ogramming and other dir) Tj ET Q q 0 0 0 rg BT 169.15 713.10 Td (ect costs of services ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (General.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.77 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.74 689.10 Td (Programming ) Tj ET Q q 0 0 0 rg BT 165.71 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 184.12 689.10 Td (other ) Tj ET Q q 0 0 0 rg BT 208.63 689.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 235.37 689.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 259.34 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 271.64 689.10 Td (services ) Tj ET Q q 0 0 0 rg BT 307.82 689.10 Td (include ) Tj ET Q q 0 0 0 rg BT 341.22 689.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 399.63 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 418.04 689.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 460.33 689.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 486.81 689.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 518.55 689.10 Td (access ) Tj ET Q q 0 0 0 rg BT 548.06 689.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 102.69 677.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 128.96 677.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 160.50 677.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 194.82 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 213.03 677.10 Td (other ) Tj ET Q q 0 0 0 rg BT 237.34 677.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 283.32 677.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 303.20 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.30 677.10 Td (goods ) Tj ET Q q 0 0 0 rg BT 342.96 677.10 Td (sold, ) Tj ET Q q 0 0 0 rg BT 365.90 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 384.11 677.10 Td (other ) Tj ET Q q 0 0 0 rg BT 408.43 677.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 434.96 677.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 458.73 677.10 Td (related ) Tj ET Q q 0 0 0 rg BT 489.70 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 501.25 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 518.35 677.10 Td (operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (Programming ) Tj ET Q q 0 0 0 rg BT 107.36 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 124.65 665.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 165.84 665.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 191.20 665.10 Td (which ) Tj ET Q q 0 0 0 rg BT 218.50 665.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 258.00 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 265.30 665.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 310.38 665.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 342.12 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 353.31 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 369.50 665.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 410.13 665.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 435.49 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 450.56 665.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 481.74 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 492.38 665.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 527.99 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 538.63 665.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.58 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 92.55 653.10 Td (a ) Tj ET Q q 0 0 0 rg BT 99.64 653.10 Td (result ) Tj ET Q q 0 0 0 rg BT 124.50 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 135.47 653.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 147.55 653.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 175.74 653.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 198.38 653.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 242.12 653.10 Td (with ) Tj ET Q q 0 0 0 rg BT 262.54 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 277.40 653.10 Td (expansion ) Tj ET Q q 0 0 0 rg BT 320.59 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 331.56 653.10 Td (our ) Tj ET Q q 0 0 0 rg BT 347.54 653.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 375.73 653.10 Td (video ) Tj ET Q q 0 0 0 rg BT 400.59 653.10 Td (content, ) Tj ET Q q 0 0 0 rg BT 435.17 653.10 Td (including ) Tj ET Q q 0 0 0 rg BT 475.59 653.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 501.01 653.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 544.74 653.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (ancillary ) Tj ET Q q 0 0 0 rg BT 86.80 641.10 Td (product ) Tj ET Q q 0 0 0 rg BT 119.67 641.10 Td (of) Tj ET Q q 0 0 0 rg BT 127.82 641.10 Td (ferings ) Tj ET Q q 0 0 0 rg BT 157.91 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 174.67 641.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 199.77 641.10 Td (that ) Tj ET Q q 0 0 0 rg BT 217.08 641.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 249.95 641.10 Td (for ) Tj ET Q q 0 0 0 rg BT 263.93 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.47 641.10 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 319.10 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.76 641.10 Td (live ) Tj ET Q q 0 0 0 rg BT 347.07 641.10 Td (sporting ) Tj ET Q q 0 0 0 rg BT 382.17 641.10 Td (events, ) Tj ET Q q 0 0 0 rg BT 412.54 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 429.30 641.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 443.83 641.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 461.14 641.10 Td (increases. ) Tj ET Q q 0 0 0 rg BT 502.61 641.10 Td (In ) Tj ET Q q 0 0 0 rg BT 513.26 641.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 550.85 641.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.00 629.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 94.62 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 104.69 629.10 Td (inflationary ) Tj ET Q q 0 0 0 rg BT 153.64 629.10 Td (pressures ) Tj ET Q q 0 0 0 rg BT 193.14 629.10 Td (with ) Tj ET Q q 0 0 0 rg BT 213.21 629.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 243.82 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.90 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 269.52 629.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 292.36 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 309.09 629.10 Td (other ) Tj ET Q q 0 0 0 rg BT 331.93 629.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 356.22 629.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 375.74 629.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 394.14 629.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 433.08 629.10 Td (that ) Tj ET Q q 0 0 0 rg BT 450.37 629.10 Td (we ) Tj ET Q q 0 0 0 rg BT 464.32 629.10 Td (are ) Tj ET Q q 0 0 0 rg BT 478.82 629.10 Td (not ) Tj ET Q q 0 0 0 rg BT 493.90 629.10 Td (able ) Tj ET Q q 0 0 0 rg BT 512.85 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 522.92 629.10 Td (pass ) Tj ET Q q 0 0 0 rg BT 542.43 629.10 Td (on ) Tj ET Q q 0 0 0 rg BT 554.73 629.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 617.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 112.82 617.10 Td (through ) Tj ET Q q 0 0 0 rg BT 146.43 617.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 163.91 617.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 203.06 617.10 Td (would ) Tj ET Q q 0 0 0 rg BT 230.56 617.10 Td (result ) Tj ET Q q 0 0 0 rg BT 255.28 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 265.55 617.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 305.81 617.10 Td (pressure ) Tj ET Q q 0 0 0 rg BT 341.63 617.10 Td (on ) Tj ET Q q 0 0 0 rg BT 354.13 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 369.96 617.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 410.22 617.10 Td (mar) Tj ET Q q 0 0 0 rg BT 425.59 617.10 Td (gins. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 593.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.90 593.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 143.17 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 160.45 593.10 Td (other ) Tj ET Q q 0 0 0 rg BT 183.84 593.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 209.45 593.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 232.29 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 243.47 593.10 Td (service ) Tj ET Q q 0 0 0 rg BT 274.63 593.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 316.88 593.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.73 593.10 Td (16.0 ) Tj ET Q q 0 0 0 rg BT 355.07 593.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.96 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 386.80 593.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.98 593.10 Td (1.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.81 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 421.65 593.10 Td (during ) Tj ET Q q 0 0 0 rg BT 450.60 593.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 475.95 593.10 Td (as ) Tj ET Q q 0 0 0 rg BT 487.12 593.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 529.39 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 540.01 593.10 Td (2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (This ) Tj ET Q q 0 0 0 rg BT 69.78 581.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 106.69 581.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 142.52 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.23 581.10 Td (following ) Tj ET Q q 0 0 0 rg BT 198.62 581.10 Td (factors:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 557.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 557.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.56 557.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.37 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.54 557.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 193.35 557.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 215.74 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 226.47 557.10 Td (26.1 ) Tj ET Q q 0 0 0 rg BT 251.36 557.10 Td (million ) Tj ET Q q 0 0 0 rg BT 282.64 557.10 Td (or ) Tj ET Q q 0 0 0 rg BT 293.37 557.10 Td (12.7%, ) Tj ET Q q 0 0 0 rg BT 324.09 557.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 363.69 557.10 Td (due ) Tj ET Q q 0 0 0 rg BT 380.52 557.10 Td (to ) Tj ET Q q 0 0 0 rg BT 390.70 557.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 415.86 557.10 Td (MTR ) Tj ET Q q 0 0 0 rg BT 439.92 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 456.75 557.10 Td (FTR, ) Tj ET Q q 0 0 0 rg BT 479.98 557.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 515.70 557.10 Td (of) Tj ET Q q 0 0 0 rg BT 523.84 557.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 540.68 557.10 Td (by ) Tj ET Q q 0 0 0 rg BT 553.07 557.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 120.75 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 131.03 545.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 153.53 545.10 Td (as ) Tj ET Q q 0 0 0 rg BT 164.36 545.10 Td (a ) Tj ET Q q 0 0 0 rg BT 171.30 545.10 Td (result ) Tj ET Q q 0 0 0 rg BT 196.02 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 206.85 545.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 234.89 545.10 Td (volume;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 521.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 521.10 Td (An ) Tj ET Q q 0 0 0 rg BT 100.28 521.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 135.59 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.93 521.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 202.92 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.91 521.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 260.80 521.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 283.35 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 294.24 521.10 Td (6.4 ) Tj ET Q q 0 0 0 rg BT 314.30 521.10 Td (million ) Tj ET Q q 0 0 0 rg BT 345.75 521.10 Td (or ) Tj ET Q q 0 0 0 rg BT 356.64 521.10 Td (2.0%, ) Tj ET Q q 0 0 0 rg BT 382.52 521.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 412.86 521.10 Td (due ) Tj ET Q q 0 0 0 rg BT 429.85 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.19 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 454.96 521.10 Td (net ) Tj ET Q q 0 0 0 rg BT 469.74 521.10 Td (ef) Tj ET Q q 0 0 0 rg BT 477.32 521.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 494.87 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 505.75 521.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 517.75 521.10 Td (an ) Tj ET Q q 0 0 0 rg BT 529.75 521.10 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 509.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 122.83 509.10 Td (from ) Tj ET Q q 0 0 0 rg BT 144.61 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 159.17 509.10 Td (reassessment ) Tj ET Q q 0 0 0 rg BT 213.71 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 224.38 509.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 253.92 509.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 310.70 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.47 509.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 368.14 509.10 Td (accruals ) Tj ET Q q 0 0 0 rg BT 403.23 509.10 Td (during ) Tj ET Q q 0 0 0 rg BT 431.68 509.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 456.52 509.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 471.07 509.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 498.96 509.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 521.30 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 535.29 509.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 497.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 124.10 497.10 Td (content, ) Tj ET Q q 0 0 0 rg BT 158.54 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 175.48 497.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 192.97 497.10 Td (a ) Tj ET Q q 0 0 0 rg BT 199.91 497.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 236.82 497.10 Td (as ) Tj ET Q q 0 0 0 rg BT 247.65 497.10 Td (a ) Tj ET Q q 0 0 0 rg BT 254.59 497.10 Td (result ) Tj ET Q q 0 0 0 rg BT 279.31 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 290.14 497.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 324.84 497.10 Td (renewals ) Tj ET Q q 0 0 0 rg BT 362.88 497.10 Td (with ) Tj ET Q q 0 0 0 rg BT 383.16 497.10 Td (more ) Tj ET Q q 0 0 0 rg BT 406.20 497.10 Td (favorable ) Tj ET Q q 0 0 0 rg BT 446.46 497.10 Td (terms; ) Tj ET Q q 0 0 0 rg BT 473.95 497.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 473.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 473.10 Td (An ) Tj ET Q q 0 0 0 rg BT 100.65 473.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 136.33 473.10 Td (in ) Tj ET Q q 0 0 0 rg BT 147.03 473.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 192.17 473.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 215.09 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 226.34 473.10 Td (3.6 ) Tj ET Q q 0 0 0 rg BT 246.77 473.10 Td (million ) Tj ET Q q 0 0 0 rg BT 278.59 473.10 Td (or ) Tj ET Q q 0 0 0 rg BT 289.84 473.10 Td (1.0%, ) Tj ET Q q 0 0 0 rg BT 316.10 473.10 Td (as ) Tj ET Q q 0 0 0 rg BT 327.35 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.49 473.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 372.63 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 383.88 473.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 409.58 473.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 431.94 473.10 Td (volumes ) Tj ET Q q 0 0 0 rg BT 468.75 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 480.01 473.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 510.71 473.10 Td (handsets ) Tj ET Q q 0 0 0 rg BT 548.07 473.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 461.10 Td (accessories ) Tj ET Q q 0 0 0 rg BT 132.98 461.10 Td (was ) Tj ET Q q 0 0 0 rg BT 151.03 461.10 Td (more ) Tj ET Q q 0 0 0 rg BT 174.07 461.10 Td (than ) Tj ET Q q 0 0 0 rg BT 193.79 461.10 Td (of) Tj ET Q q 0 0 0 rg BT 201.94 461.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 218.88 461.10 Td (by ) Tj ET Q q 0 0 0 rg BT 231.38 461.10 Td (an ) Tj ET Q q 0 0 0 rg BT 243.32 461.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 278.57 461.10 Td (in ) Tj ET Q q 0 0 0 rg BT 288.85 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.57 461.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 322.17 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 333.00 461.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 354.94 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 365.77 461.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 395.48 461.10 Td (other ) Tj ET Q q 0 0 0 rg BT 418.52 461.10 Td (equipment.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 437.10 Td (Other operating expenses) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 161.25 437.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 413.10 Td (General.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.77 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.48 413.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 130.96 413.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 171.44 413.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 210.25 413.10 Td (include ) Tj ET Q q 0 0 0 rg BT 242.39 413.10 Td (network ) Tj ET Q q 0 0 0 rg BT 277.87 413.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 324.74 413.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 364.10 413.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 410.97 413.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 450.34 413.10 Td (care, ) Tj ET Q q 0 0 0 rg BT 472.19 413.10 Td (and ) Tj ET Q q 0 0 0 rg BT 489.34 413.10 Td (other ) Tj ET Q q 0 0 0 rg BT 512.60 413.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 535.31 413.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 401.10 Td (our ) Tj ET Q q 0 0 0 rg BT 75.61 401.10 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 377.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.45 377.10 Td (other ) Tj ET Q q 0 0 0 rg BT 108.39 377.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 148.54 377.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 187.04 377.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 228.85 377.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.24 377.10 Td (12.8 ) Tj ET Q q 0 0 0 rg BT 266.13 377.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.02 377.10 Td ( ) Tj ET Q q 0 0 0 rg BT 297.42 377.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.14 377.10 Td (2.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.97 377.10 Td ( ) Tj ET Q q 0 0 0 rg BT 331.37 377.10 Td (during ) Tj ET Q q 0 0 0 rg BT 359.87 377.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 384.76 377.10 Td (as ) Tj ET Q q 0 0 0 rg BT 395.49 377.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 437.31 377.10 Td (to ) Tj ET Q q 0 0 0 rg BT 447.48 377.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 472.20 377.10 Td (This ) Tj ET Q q 0 0 0 rg BT 492.37 377.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 529.18 377.10 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 365.10 Td (following ) Tj ET Q q 0 0 0 rg BT 105.60 365.10 Td (factors:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 341.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 341.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 341.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.54 341.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.32 341.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.47 341.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 158.28 341.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 177.87 341.10 Td (and ) Tj ET Q q 0 0 0 rg BT 194.67 341.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 236.47 341.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 271.05 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 281.75 341.10 Td (1) Tj ET Q q 0 0 0 rg BT 291.38 341.10 Td (1.8 ) Tj ET Q q 0 0 0 rg BT 306.25 341.10 Td (million ) Tj ET Q q 0 0 0 rg BT 337.51 341.10 Td (or ) Tj ET Q q 0 0 0 rg BT 348.21 341.10 Td (70.1%, ) Tj ET Q q 0 0 0 rg BT 378.91 341.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 418.49 341.10 Td (due ) Tj ET Q q 0 0 0 rg BT 435.30 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 445.45 341.10 Td (reassessment ) Tj ET Q q 0 0 0 rg BT 500.02 341.10 Td (and ) Tj ET Q q 0 0 0 rg BT 516.83 341.10 Td (recovery ) Tj ET Q q 0 0 0 rg BT 554.18 341.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 329.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 102.44 329.10 Td (debts ) Tj ET Q q 0 0 0 rg BT 126.05 329.10 Td (provision; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 305.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 305.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.12 305.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 132.49 305.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.22 305.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 182.83 305.10 Td (services ) Tj ET Q q 0 0 0 rg BT 218.00 305.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 240.95 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 252.23 305.10 Td (6.6 ) Tj ET Q q 0 0 0 rg BT 272.69 305.10 Td (million ) Tj ET Q q 0 0 0 rg BT 304.53 305.10 Td (or ) Tj ET Q q 0 0 0 rg BT 315.82 305.10 Td (8.1%, ) Tj ET Q q 0 0 0 rg BT 342.10 305.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 382.27 305.10 Td (due ) Tj ET Q q 0 0 0 rg BT 399.66 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.39 305.10 Td (a ) Tj ET Q q 0 0 0 rg BT 417.79 305.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 455.15 305.10 Td (in ) Tj ET Q q 0 0 0 rg BT 465.89 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.06 305.10 Td (number ) Tj ET Q q 0 0 0 rg BT 514.56 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 525.84 305.10 Td (customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 293.10 Td (service ) Tj ET Q q 0 0 0 rg BT 116.32 293.10 Td (calls, ) Tj ET Q q 0 0 0 rg BT 139.64 293.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 175.46 293.10 Td (of) Tj ET Q q 0 0 0 rg BT 183.61 293.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 200.55 293.10 Td (by ) Tj ET Q q 0 0 0 rg BT 213.05 293.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 253.30 293.10 Td (refurbishments ) Tj ET Q q 0 0 0 rg BT 315.79 293.10 Td (costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 269.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 269.10 Td (An ) Tj ET Q q 0 0 0 rg BT 99.90 269.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.83 269.10 Td (in ) Tj ET Q q 0 0 0 rg BT 144.79 269.10 Td (access ) Tj ET Q q 0 0 0 rg BT 172.51 269.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 194.69 269.10 Td (of ) Tj ET Q q 0 0 0 rg BT 205.20 269.10 Td (6.5 ) Tj ET Q q 0 0 0 rg BT 224.88 269.10 Td (million ) Tj ET Q q 0 0 0 rg BT 255.95 269.10 Td (or ) Tj ET Q q 0 0 0 rg BT 266.46 269.10 Td (40.6%, ) Tj ET Q q 0 0 0 rg BT 296.96 269.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 336.36 269.10 Td (due ) Tj ET Q q 0 0 0 rg BT 352.97 269.10 Td (to ) Tj ET Q q 0 0 0 rg BT 362.93 269.10 Td (an ) Tj ET Q q 0 0 0 rg BT 374.55 269.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 409.48 269.10 Td (in ) Tj ET Q q 0 0 0 rg BT 419.44 269.10 Td (external ) Tj ET Q q 0 0 0 rg BT 453.82 269.10 Td (technicians ) Tj ET Q q 0 0 0 rg BT 500.98 269.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 523.16 269.10 Td (as ) Tj ET Q q 0 0 0 rg BT 533.67 269.10 Td (a ) Tj ET Q q 0 0 0 rg BT 540.29 269.10 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 257.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.33 257.10 Td (full ) Tj ET Q q 0 0 0 rg BT 112.72 257.10 Td (digitalization ) Tj ET Q q 0 0 0 rg BT 167.98 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 178.26 257.10 Td (2018;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 233.10 Td (An ) Tj ET Q q 0 0 0 rg BT 99.81 233.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.66 233.10 Td (in ) Tj ET Q q 0 0 0 rg BT 144.53 233.10 Td (network ) Tj ET Q q 0 0 0 rg BT 179.39 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.92 233.10 Td (IT) Tj ET Q q 0 0 0 rg BT 205.18 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 207.27 233.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 229.36 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.79 233.10 Td (4.8 ) Tj ET Q q 0 0 0 rg BT 259.38 233.10 Td (million ) Tj ET Q q 0 0 0 rg BT 290.36 233.10 Td (or ) Tj ET Q q 0 0 0 rg BT 300.79 233.10 Td (4.7%, ) Tj ET Q q 0 0 0 rg BT 326.21 233.10 Td (due ) Tj ET Q q 0 0 0 rg BT 342.74 233.10 Td (to ) Tj ET Q q 0 0 0 rg BT 352.61 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.92 233.10 Td (net ) Tj ET Q q 0 0 0 rg BT 381.23 233.10 Td (ef) Tj ET Q q 0 0 0 rg BT 388.82 233.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 405.89 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 416.32 233.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 427.85 233.10 Td (an ) Tj ET Q q 0 0 0 rg BT 439.38 233.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 474.22 233.10 Td (in ) Tj ET Q q 0 0 0 rg BT 484.09 233.10 Td (IT) Tj ET Q q 0 0 0 rg BT 493.35 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 495.44 233.10 Td (operational ) Tj ET Q q 0 0 0 rg BT 542.52 233.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 221.10 Td (as ) Tj ET Q q 0 0 0 rg BT 96.56 221.10 Td (a ) Tj ET Q q 0 0 0 rg BT 103.73 221.10 Td (result ) Tj ET Q q 0 0 0 rg BT 128.68 221.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 154.18 221.10 Td (capitalizable ) Tj ET Q q 0 0 0 rg BT 207.44 221.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 246.27 221.10 Td (during ) Tj ET Q q 0 0 0 rg BT 275.11 221.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 300.34 221.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 315.29 221.10 Td (an ) Tj ET Q q 0 0 0 rg BT 327.46 221.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 362.94 221.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 400.67 221.10 Td (from ) Tj ET Q q 0 0 0 rg BT 422.84 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.79 221.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 467.73 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 478.80 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 493.74 221.10 Td (release ) Tj ET Q q 0 0 0 rg BT 524.23 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 535.29 221.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 209.10 Td (IT) Tj ET Q q 0 0 0 rg BT 94.76 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 97.92 209.10 Td (projected ) Tj ET Q q 0 0 0 rg BT 138.29 209.10 Td (related ) Tj ET Q q 0 0 0 rg BT 168.66 209.10 Td (accruals ) Tj ET Q q 0 0 0 rg BT 204.58 209.10 Td (during ) Tj ET Q q 0 0 0 rg BT 233.85 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 249.23 209.10 Td (third ) Tj ET Q q 0 0 0 rg BT 271.29 209.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 302.77 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 314.26 209.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 339.93 209.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 358.09 209.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 386.80 209.10 Td (network ) Tj ET Q q 0 0 0 rg BT 422.74 209.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 448.67 209.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 474.33 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 491.93 209.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 509.54 209.10 Td (a ) Tj ET Q q 0 0 0 rg BT 517.14 209.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 554.72 209.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 197.10 Td (network ) Tj ET Q q 0 0 0 rg BT 120.77 197.10 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 173.80 197.10 Td (costs; ) Tj ET Q q 0 0 0 rg BT 199.07 197.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 173.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 173.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.08 173.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 130.41 173.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.10 173.10 Td (business ) Tj ET Q q 0 0 0 rg BT 175.91 173.10 Td (services ) Tj ET Q q 0 0 0 rg BT 210.03 173.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 231.95 173.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.19 173.10 Td (4.8 ) Tj ET Q q 0 0 0 rg BT 261.60 173.10 Td (million ) Tj ET Q q 0 0 0 rg BT 292.41 173.10 Td (or ) Tj ET Q q 0 0 0 rg BT 302.65 173.10 Td (10.3%, ) Tj ET Q q 0 0 0 rg BT 332.90 173.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 372.02 173.10 Td (due ) Tj ET Q q 0 0 0 rg BT 388.38 173.10 Td (to ) Tj ET Q q 0 0 0 rg BT 398.07 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.42 173.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 440.75 173.10 Td (in ) Tj ET Q q 0 0 0 rg BT 450.44 173.10 Td (car ) Tj ET Q q 0 0 0 rg BT 464.56 173.10 Td (fleet ) Tj ET Q q 0 0 0 rg BT 484.24 173.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 523.92 173.10 Td (expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 161.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 121.32 161.10 Td (of) Tj ET Q q 0 0 0 rg BT 129.47 161.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 146.41 161.10 Td (by ) Tj ET Q q 0 0 0 rg BT 158.91 161.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 199.16 161.10 Td (consultancy ) Tj ET Q q 0 0 0 rg BT 249.43 161.10 Td (costs.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 137.10 Td (SG&A) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 84.43 137.10 Td ( expenses ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 113.10 Td (General.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.77 113.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.64 113.10 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.87 113.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.74 113.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 174.70 113.10 Td (include ) Tj ET Q q 0 0 0 rg BT 207.01 113.10 Td (human ) Tj ET Q q 0 0 0 rg BT 237.09 113.10 Td (resources, ) Tj ET Q q 0 0 0 rg BT 280.22 113.10 Td (information ) Tj ET Q q 0 0 0 rg BT 330.30 113.10 Td (technology) Tj ET Q q 0 0 0 rg BT 374.08 113.10 Td (, ) Tj ET Q q 0 0 0 rg BT 379.45 113.10 Td (general ) Tj ET Q q 0 0 0 rg BT 411.75 113.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 449.32 113.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 505.78 113.10 Td (finance, ) Tj ET Q q 0 0 0 rg BT 540.57 113.10 Td (legal, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (external ) Tj ET Q q 0 0 0 rg BT 84.20 101.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 106.14 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 123.08 101.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 166.12 101.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 191.12 101.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 240.82 101.10 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 301.36 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 318.30 101.10 Td (other ) Tj ET Q q 0 0 0 rg BT 341.35 101.10 Td (general ) Tj ET Q q 0 0 0 rg BT 373.27 101.10 Td (expenses. ) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.90 713.10 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.13 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 115.97 713.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 154.91 713.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 197.17 713.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.02 713.10 Td (45.9 ) Tj ET Q q 0 0 0 rg BT 235.36 713.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.25 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 267.10 713.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.27 713.10 Td (6.7%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.95 713.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.90 713.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 713.10 Td (, ) Tj ET Q q 0 0 0 rg BT 356.24 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 367.42 713.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 409.69 713.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.31 713.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.31 713.10 Td (. ) Tj ET Q q 0 0 0 rg BT 445.65 713.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 464.05 713.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 491.28 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 494.12 713.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 533.07 713.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 99.56 701.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 157.97 701.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 195.54 701.10 Td (which ) Tj ET Q q 0 0 0 rg BT 222.85 701.10 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.13 701.10 Td (2.5 ) Tj ET Q q 0 0 0 rg BT 285.49 701.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.38 701.10 Td (. ) Tj ET Q q 0 0 0 rg BT 319.75 701.10 Td (Excluding ) Tj ET Q q 0 0 0 rg BT 363.72 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.80 701.10 Td (ef) Tj ET Q q 0 0 0 rg BT 386.39 701.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 408.13 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.32 701.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 469.39 701.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 527.79 701.10 Td (expense, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 689.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 92.56 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.06 689.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 133.66 689.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 175.57 689.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.07 689.10 Td (43.4 ) Tj ET Q q 0 0 0 rg BT 213.07 689.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.97 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 244.47 689.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.30 689.10 Td (6.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.13 689.10 Td (. ) Tj ET Q q 0 0 0 rg BT 280.95 689.10 Td (This) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.72 689.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.22 689.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 338.14 689.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 373.96 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.68 689.10 Td (following ) Tj ET Q q 0 0 0 rg BT 430.07 689.10 Td (factors:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 665.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.26 665.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 132.77 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.65 665.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 166.18 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 183.71 665.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 227.35 665.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 250.44 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 261.87 665.10 Td (29.8 ) Tj ET Q q 0 0 0 rg BT 287.46 665.10 Td (million ) Tj ET Q q 0 0 0 rg BT 319.45 665.10 Td (or ) Tj ET Q q 0 0 0 rg BT 330.88 665.10 Td (12.3%, ) Tj ET Q q 0 0 0 rg BT 362.30 665.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 402.61 665.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 431.25 665.10 Td (by ) Tj ET Q q 0 0 0 rg BT 444.34 665.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 470.21 665.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 492.74 665.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 548.06 665.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 653.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 110.77 653.10 Td (rebranding ) Tj ET Q q 0 0 0 rg BT 156.58 653.10 Td (campaign ) Tj ET Q q 0 0 0 rg BT 197.96 653.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 236.55 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 246.83 653.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 269.33 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 280.16 653.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 322.09 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 332.37 653.10 Td (2017;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 629.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 629.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 629.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.10 629.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 130.44 629.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.14 629.10 Td (other ) Tj ET Q q 0 0 0 rg BT 162.61 629.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 184.54 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 194.80 629.10 Td (8.5 ) Tj ET Q q 0 0 0 rg BT 214.22 629.10 Td (million ) Tj ET Q q 0 0 0 rg BT 245.04 629.10 Td (or ) Tj ET Q q 0 0 0 rg BT 255.30 629.10 Td (21.6%, ) Tj ET Q q 0 0 0 rg BT 285.55 629.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 324.69 629.10 Td (due ) Tj ET Q q 0 0 0 rg BT 341.06 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 350.76 629.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 375.46 629.10 Td (property ) Tj ET Q q 0 0 0 rg BT 411.26 629.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 433.19 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 449.55 629.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 474.25 629.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 515.05 629.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 539.74 629.10 Td (costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 605.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 605.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.48 605.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 129.20 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 138.28 605.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 178.46 605.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 199.77 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.41 605.10 Td (5.9 ) Tj ET Q q 0 0 0 rg BT 228.21 605.10 Td (million ) Tj ET Q q 0 0 0 rg BT 258.41 605.10 Td (or ) Tj ET Q q 0 0 0 rg BT 268.05 605.10 Td (2.2%, ) Tj ET Q q 0 0 0 rg BT 292.68 605.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 331.20 605.10 Td (due ) Tj ET Q q 0 0 0 rg BT 346.95 605.10 Td (to ) Tj ET Q q 0 0 0 rg BT 356.03 605.10 Td (a ) Tj ET Q q 0 0 0 rg BT 361.77 605.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 397.49 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 406.58 605.10 Td (staf) Tj ET Q q 0 0 0 rg BT 420.84 605.10 Td (fing ) Tj ET Q q 0 0 0 rg BT 438.25 605.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 462.88 605.10 Td (as ) Tj ET Q q 0 0 0 rg BT 472.52 605.10 Td (a ) Tj ET Q q 0 0 0 rg BT 478.26 605.10 Td (result ) Tj ET Q q 0 0 0 rg BT 501.79 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 511.42 605.10 Td (restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 593.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 118.30 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 128.34 593.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 157.80 593.10 Td (reor) Tj ET Q q 0 0 0 rg BT 173.72 593.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 217.62 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 234.32 593.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 279.90 593.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 320.76 593.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 356.33 593.10 Td (of) Tj ET Q q 0 0 0 rg BT 364.48 593.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 381.18 593.10 Td (by ) Tj ET Q q 0 0 0 rg BT 393.44 593.10 Td (a ) Tj ET Q q 0 0 0 rg BT 400.14 593.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 436.81 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 446.85 593.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 502.97 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 513.55 593.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 536.36 593.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 554.73 593.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 581.10 Td (2018; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 557.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 557.10 Td (An ) Tj ET Q q 0 0 0 rg BT 100.10 557.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 135.22 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.38 557.10 Td (network ) Tj ET Q q 0 0 0 rg BT 180.52 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 197.33 557.10 Td (IT) Tj ET Q q 0 0 0 rg BT 206.59 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 208.97 557.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 231.34 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.04 557.10 Td (2.9 ) Tj ET Q q 0 0 0 rg BT 261.92 557.10 Td (million ) Tj ET Q q 0 0 0 rg BT 293.19 557.10 Td (or ) Tj ET Q q 0 0 0 rg BT 303.89 557.10 Td (9.0%, ) Tj ET Q q 0 0 0 rg BT 329.59 557.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 369.18 557.10 Td (due ) Tj ET Q q 0 0 0 rg BT 385.99 557.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.15 557.10 Td (a ) Tj ET Q q 0 0 0 rg BT 402.96 557.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 439.75 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 449.90 557.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 495.58 557.10 Td (IT) Tj ET Q q 0 0 0 rg BT 504.84 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 507.21 557.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 529.59 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 539.74 557.10 Td (2018; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 521.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 521.10 Td (An ) Tj ET Q q 0 0 0 rg BT 99.63 521.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.30 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.99 521.10 Td (business ) Tj ET Q q 0 0 0 rg BT 179.79 521.10 Td (services ) Tj ET Q q 0 0 0 rg BT 213.91 521.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 235.82 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.06 521.10 Td (1.0 ) Tj ET Q q 0 0 0 rg BT 265.48 521.10 Td (million ) Tj ET Q q 0 0 0 rg BT 296.28 521.10 Td (or ) Tj ET Q q 0 0 0 rg BT 306.52 521.10 Td (1.3%, ) Tj ET Q q 0 0 0 rg BT 331.76 521.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 370.89 521.10 Td (due ) Tj ET Q q 0 0 0 rg BT 387.24 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.93 521.10 Td (an ) Tj ET Q q 0 0 0 rg BT 408.28 521.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 442.94 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 452.63 521.10 Td (consultancy ) Tj ET Q q 0 0 0 rg BT 502.31 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 518.66 521.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 540.00 521.10 Td (costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 509.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 121.32 509.10 Td (of) Tj ET Q q 0 0 0 rg BT 129.47 509.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 146.41 509.10 Td (by ) Tj ET Q q 0 0 0 rg BT 158.91 509.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 195.82 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 206.10 509.10 Td (fleet ) Tj ET Q q 0 0 0 rg BT 226.36 509.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 248.86 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 265.80 509.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 296.62 509.10 Td (management ) Tj ET Q q 0 0 0 rg BT 350.21 509.10 Td (costs.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 485.10 Td (Char) Tj ET Q q 0 0 0 rg BT 78.69 485.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 94.52 485.10 Td (for ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 108.69 485.10 Td (JV) Tj ET Q q 0 0 0 rg BT 119.06 485.10 Td ( ) Tj ET Q q 0 0 0 rg BT 121.56 485.10 Td (Services) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 154.87 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 461.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 461.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.28 461.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 118.96 461.10 Td (char) Tj ET Q q 0 0 0 rg BT 135.99 461.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 151.02 461.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.38 461.10 Td (JV) Tj ET Q q 0 0 0 rg BT 175.32 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 177.02 461.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.90 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 212.60 461.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.64 461.10 Td (227.7 ) Tj ET Q q 0 0 0 rg BT 251.84 461.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.73 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 282.44 461.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.25 461.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.25 461.10 Td (, ) Tj ET Q q 0 0 0 rg BT 334.45 461.10 Td (as ) Tj ET Q q 0 0 0 rg BT 344.49 461.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 385.62 461.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.10 461.10 Td (243.6 ) Tj ET Q q 0 0 0 rg BT 424.30 461.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.19 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 454.90 461.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.71 461.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.71 461.10 Td (. ) Tj ET Q q 0 0 0 rg BT 506.91 461.10 Td (For ) Tj ET Q q 0 0 0 rg BT 522.51 461.10 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (information ) Tj ET Q q 0 0 0 rg BT 99.21 449.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 140.03 449.10 Td (char) Tj ET Q q 0 0 0 rg BT 157.05 449.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 172.88 449.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.04 449.10 Td (JV) Tj ET Q q 0 0 0 rg BT 197.98 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.48 449.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.35 449.10 Td (, ) Tj ET Q q 0 0 0 rg BT 239.35 449.10 Td (see ) Tj ET Q q 0 0 0 rg BT 254.62 449.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.34 449.10 Td (1) Tj ET Q q 0 0 0 rg BT 278.97 449.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.97 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 286.47 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 296.75 449.10 Td (our ) Tj ET Q q 0 0 0 rg BT 312.58 449.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 365.62 449.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 403.10 449.10 Td (statements. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 425.10 Td (Depr) Tj ET Q q 0 0 0 rg BT 78.68 425.10 Td (eciation ) Tj ET Q q 0 0 0 rg BT 113.39 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 130.89 425.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 184.51 425.10 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 401.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.95 401.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 138.26 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 155.60 401.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 209.03 401.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 248.03 401.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 288.68 401.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.58 401.10 Td (65.9 ) Tj ET Q q 0 0 0 rg BT 326.97 401.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.87 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 358.76 401.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.99 401.10 Td (4.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.82 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 393.72 401.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.72 401.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.72 401.10 Td (, ) Tj ET Q q 0 0 0 rg BT 448.12 401.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 495.78 401.10 Td (, ) Tj ET Q q 0 0 0 rg BT 501.18 401.10 Td (as ) Tj ET Q q 0 0 0 rg BT 512.40 401.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 554.73 401.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 389.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 389.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.17 389.10 Td (This ) Tj ET Q q 0 0 0 rg BT 94.12 389.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 129.05 389.10 Td (is ) Tj ET Q q 0 0 0 rg BT 137.89 389.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 177.27 389.10 Td (due ) Tj ET Q q 0 0 0 rg BT 193.88 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 203.83 389.10 Td (property ) Tj ET Q q 0 0 0 rg BT 239.88 389.10 Td (and ) Tj ET Q q 0 0 0 rg BT 256.49 389.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 300.88 389.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 339.71 389.10 Td (related ) Tj ET Q q 0 0 0 rg BT 369.09 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 379.04 389.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.43 389.10 Td (expansion ) Tj ET Q q 0 0 0 rg BT 436.15 389.10 Td (and ) Tj ET Q q 0 0 0 rg BT 452.76 389.10 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 487.13 389.10 Td (of ) Tj ET Q q 0 0 0 rg BT 497.64 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 513.14 389.10 Td (network ) Tj ET Q q 0 0 0 rg BT 548.08 389.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (accelerated ) Tj ET Q q 0 0 0 rg BT 96.96 377.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 148.88 377.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 192.47 377.10 Td (with ) Tj ET Q q 0 0 0 rg BT 212.75 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 227.46 377.10 Td (closure ) Tj ET Q q 0 0 0 rg BT 258.84 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 269.67 377.10 Td (of) Tj ET Q q 0 0 0 rg BT 277.82 377.10 Td (fice ) Tj ET Q q 0 0 0 rg BT 295.31 377.10 Td (locations ) Tj ET Q q 0 0 0 rg BT 333.91 377.10 Td (as ) Tj ET Q q 0 0 0 rg BT 344.74 377.10 Td (a ) Tj ET Q q 0 0 0 rg BT 351.68 377.10 Td (part ) Tj ET Q q 0 0 0 rg BT 369.72 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 380.55 377.10 Td (our ) Tj ET Q q 0 0 0 rg BT 396.38 377.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 442.21 377.10 Td (ef) Tj ET Q q 0 0 0 rg BT 449.79 377.10 Td (forts.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 353.10 Td (Impairment, ) Tj ET Q q 0 0 0 rg BT 110.16 353.10 Td (r) Tj ET Q q 0 0 0 rg BT 113.68 353.10 Td (estructuring, ) Tj ET Q q 0 0 0 rg BT 167.57 353.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.07 353.10 Td (other ) Tj ET Q q 0 0 0 rg BT 208.68 353.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 250.06 353.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 276.17 353.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 329.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 329.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.11 329.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 129.51 329.10 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 180.65 329.10 Td (restructuring, ) Tj ET Q q 0 0 0 rg BT 236.78 329.10 Td (and ) Tj ET Q q 0 0 0 rg BT 253.76 329.10 Td (other ) Tj ET Q q 0 0 0 rg BT 276.84 329.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 317.15 329.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 343.85 329.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 361.10 329.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.97 329.10 Td (35.7 ) Tj ET Q q 0 0 0 rg BT 397.01 329.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.90 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 428.44 329.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.42 329.10 Td (7.6 ) Tj ET Q q 0 0 0 rg BT 465.46 329.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.35 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 496.88 329.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.53 329.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.53 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 548.07 329.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 74.97 317.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 122.63 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 127.88 317.10 Td (The ) Tj ET Q q 0 0 0 rg BT 146.40 317.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 169.37 317.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 202.33 317.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.51 317.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 271.58 317.10 Td (to ) Tj ET Q q 0 0 0 rg BT 282.32 317.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 294.73 317.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 348.79 317.10 Td (char) Tj ET Q q 0 0 0 rg BT 365.82 317.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 382.12 317.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.42 317.10 Td (36.5 ) Tj ET Q q 0 0 0 rg BT 418.89 317.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.78 317.10 Td (, ) Tj ET Q q 0 0 0 rg BT 453.25 317.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 468.43 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 475.84 317.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 496.02 317.10 Td (from ) Tj ET Q q 0 0 0 rg BT 518.43 317.10 Td (disposal ) Tj ET Q q 0 0 0 rg BT 554.18 317.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 76.34 305.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.18 305.10 Td (3.9 ) Tj ET Q q 0 0 0 rg BT 109.19 305.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.08 305.10 Td (, ) Tj ET Q q 0 0 0 rg BT 144.09 305.10 Td (and ) Tj ET Q q 0 0 0 rg BT 162.04 305.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 180.55 305.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 230.16 305.10 Td (char) Tj ET Q q 0 0 0 rg BT 247.19 305.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 264.03 305.10 Td (related ) Tj ET Q q 0 0 0 rg BT 294.74 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 306.03 305.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 341.75 305.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 368.59 305.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.43 305.10 Td (1.9 ) Tj ET Q q 0 0 0 rg BT 401.44 305.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.33 305.10 Td (. ) Tj ET Q q 0 0 0 rg BT 436.09 305.10 Td (The ) Tj ET Q q 0 0 0 rg BT 455.15 305.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 478.66 305.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 512.17 305.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 541.77 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 553.06 305.10 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 102.77 293.10 Td (char) Tj ET Q q 0 0 0 rg BT 119.80 293.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 135.31 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.81 293.10 Td (10.8 ) Tj ET Q q 0 0 0 rg BT 170.49 293.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 204.06 293.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 218.46 293.10 Td (a ) Tj ET Q q 0 0 0 rg BT 225.07 293.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 244.47 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.97 293.10 Td (5.9 ) Tj ET Q q 0 0 0 rg BT 274.65 293.10 Td (million ) Tj ET Q q 0 0 0 rg BT 305.72 293.10 Td (related ) Tj ET Q q 0 0 0 rg BT 335.10 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 345.06 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.45 293.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 377.18 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 387.68 293.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 422.07 293.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 450.08 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 466.70 293.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 483.87 293.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 532.15 293.10 Td (char) Tj ET Q q 0 0 0 rg BT 549.17 293.10 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (related ) Tj ET Q q 0 0 0 rg BT 79.20 281.10 Td (to ) Tj ET Q q 0 0 0 rg BT 89.48 281.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 124.19 281.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 150.02 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.85 281.10 Td (2.7 ) Tj ET Q q 0 0 0 rg BT 180.85 281.10 Td (million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 257.10 Td (Additional ) Tj ET Q q 0 0 0 rg BT 112.96 257.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 166.73 257.10 Td (char) Tj ET Q q 0 0 0 rg BT 183.76 257.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 199.77 257.10 Td (are ) Tj ET Q q 0 0 0 rg BT 214.66 257.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 252.88 257.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.22 257.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 292.40 257.10 Td (due ) Tj ET Q q 0 0 0 rg BT 309.53 257.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.99 257.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 355.45 257.10 Td (reor) Tj ET Q q 0 0 0 rg BT 371.37 257.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 415.70 257.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 454.48 257.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 498.26 257.10 Td (with ) Tj ET Q q 0 0 0 rg BT 518.72 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 533.62 257.10 Td (closing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 245.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.05 245.10 Td (JV) Tj ET Q q 0 0 0 rg BT 85.98 245.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.30 245.10 Td (T) Tj ET Q q 0 0 0 rg BT 94.06 245.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.15 245.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 221.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.57 221.10 Td (est ) Tj ET Q q 0 0 0 rg BT 91.18 221.10 Td (expensethir) Tj ET Q q 0 0 0 rg BT 141.90 221.10 Td (d-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 197.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.36 197.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 130.42 197.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 162.16 197.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 196.67 197.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 236.73 197.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.03 197.10 Td (10.1 ) Tj ET Q q 0 0 0 rg BT 273.84 197.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.73 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 305.03 197.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.67 197.10 Td (2.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.50 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 338.80 197.10 Td (during ) Tj ET Q q 0 0 0 rg BT 367.21 197.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 389.51 197.10 Td (as ) Tj ET Q q 0 0 0 rg BT 400.15 197.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 441.88 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 451.96 197.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 476.76 197.10 Td (due ) Tj ET Q q 0 0 0 rg BT 493.50 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 503.59 197.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 531.44 197.10 Td (average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 99.63 185.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 120.30 185.10 Td (balances. ) Tj ET Q q 0 0 0 rg BT 160.69 185.10 Td (For ) Tj ET Q q 0 0 0 rg BT 178.04 185.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 221.49 185.10 Td (information ) Tj ET Q q 0 0 0 rg BT 272.17 185.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 313.94 185.10 Td (our ) Tj ET Q q 0 0 0 rg BT 330.73 185.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 376.96 185.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 400.13 185.10 Td (see ) Tj ET Q q 0 0 0 rg BT 416.36 185.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.04 185.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.04 185.10 Td ( ) Tj ET Q q 0 0 0 rg BT 445.50 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 456.74 185.10 Td (our ) Tj ET Q q 0 0 0 rg BT 473.53 185.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.54 185.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 149.10 Td (It ) Tj ET Q q 0 0 0 rg BT 76.32 149.10 Td (is ) Tj ET Q q 0 0 0 rg BT 85.70 149.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 121.18 149.10 Td (that ) Tj ET Q q 0 0 0 rg BT 138.89 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.81 149.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 185.96 149.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 207.54 149.10 Td (on ) Tj ET Q q 0 0 0 rg BT 220.25 149.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 232.40 149.10 Td (any ) Tj ET Q q 0 0 0 rg BT 249.55 149.10 Td (new ) Tj ET Q q 0 0 0 rg BT 268.92 149.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 317.18 149.10 Td (could ) Tj ET Q q 0 0 0 rg BT 342.10 149.10 Td (be ) Tj ET Q q 0 0 0 rg BT 354.25 149.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 382.50 149.10 Td (than ) Tj ET Q q 0 0 0 rg BT 402.43 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 417.36 149.10 Td (current ) Tj ET Q q 0 0 0 rg BT 448.38 149.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 480.52 149.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 502.11 149.10 Td (on ) Tj ET Q q 0 0 0 rg BT 514.82 149.10 Td (our ) Tj ET Q q 0 0 0 rg BT 530.86 149.10 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 105.25 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 123.79 137.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 140.11 137.10 Td (our ) Tj ET Q q 0 0 0 rg BT 157.54 137.10 Td (variable-rate ) Tj ET Q q 0 0 0 rg BT 212.15 137.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 267.91 137.10 Td (could ) Tj ET Q q 0 0 0 rg BT 294.22 137.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 331.07 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 342.95 137.10 Td (future ) Tj ET Q q 0 0 0 rg BT 370.93 137.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 406.06 137.10 Td (As ) Tj ET Q q 0 0 0 rg BT 421.27 137.10 Td (further ) Tj ET Q q 0 0 0 rg BT 452.58 137.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 495.00 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 506.88 137.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.20 137.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.20 137.10 Td ( ) Tj ET Q q 0 0 0 rg BT 537.30 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.17 137.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.54 125.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.02 125.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 187.23 125.10 Td (we ) Tj ET Q q 0 0 0 rg BT 201.39 125.10 Td (use ) Tj ET Q q 0 0 0 rg BT 217.22 125.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 259.71 125.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 308.87 125.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.15 125.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 352.74 125.10 Td (our ) Tj ET Q q 0 0 0 rg BT 368.57 125.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 400.51 125.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 417.99 125.10 Td (risks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 101.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.79 101.10 Td (July ) Tj ET Q q 0 0 0 rg BT 98.42 101.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 123.87 101.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.05 101.10 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 161.45 101.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 201.62 101.10 Td (Conduct ) Tj ET Q q 0 0 0 rg BT 237.81 101.10 Td (Authority ) Tj ET Q q 0 0 0 rg BT 279.66 101.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 298.16 101.10 Td (authority ) Tj ET Q q 0 0 0 rg BT 337.22 101.10 Td (that ) Tj ET Q q 0 0 0 rg BT 355.18 101.10 Td (regulates ) Tj ET Q q 0 0 0 rg BT 394.23 101.10 Td (LIBOR\) ) Tj ET Q q 0 0 0 rg BT 430.52 101.10 Td (announced ) Tj ET Q q 0 0 0 rg BT 476.79 101.10 Td (that ) Tj ET Q q 0 0 0 rg BT 494.74 101.10 Td (it ) Tj ET Q q 0 0 0 rg BT 503.26 101.10 Td (intends ) Tj ET Q q 0 0 0 rg BT 535.10 101.10 Td (to ) Tj ET Q q 0 0 0 rg BT 545.84 101.10 Td (stop ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (compelling ) Tj ET Q q 0 0 0 rg BT 96.02 89.10 Td (banks ) Tj ET Q q 0 0 0 rg BT 120.88 89.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.19 89.10 Td (submit ) Tj ET Q q 0 0 0 rg BT 158.94 89.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 179.35 89.10 Td (for ) Tj ET Q q 0 0 0 rg BT 192.54 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.29 89.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 251.68 89.10 Td (of ) Tj ET Q q 0 0 0 rg BT 261.54 89.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 293.07 89.10 Td (after ) Tj ET Q q 0 0 0 rg BT 312.92 89.10 Td (2021. ) Tj ET Q q 0 0 0 rg BT 336.95 89.10 Td (Currently) Tj ET Q q 0 0 0 rg BT 374.63 89.10 Td (, ) Tj ET Q q 0 0 0 rg BT 378.65 89.10 Td (it ) Tj ET Q q 0 0 0 rg BT 385.74 89.10 Td (is ) Tj ET Q q 0 0 0 rg BT 393.94 89.10 Td (not ) Tj ET Q q 0 0 0 rg BT 408.25 89.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 442.56 89.10 Td (to ) Tj ET Q q 0 0 0 rg BT 451.87 89.10 Td (predict ) Tj ET Q q 0 0 0 rg BT 481.16 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 494.91 89.10 Td (exact ) Tj ET Q q 0 0 0 rg BT 517.53 89.10 Td (transitional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 106.13 77.10 Td (for ) Tj ET Q q 0 0 0 rg BT 120.57 77.10 Td (calculating ) Tj ET Q q 0 0 0 rg BT 167.21 77.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 211.07 77.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 251.02 77.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 272.67 77.10 Td (that ) Tj ET Q q 0 0 0 rg BT 290.44 77.10 Td (may ) Tj ET Q q 0 0 0 rg BT 310.43 77.10 Td (be ) Tj ET Q q 0 0 0 rg BT 322.64 77.10 Td (used ) Tj ET Q q 0 0 0 rg BT 343.74 77.10 Td (in ) Tj ET Q q 0 0 0 rg BT 354.29 77.10 Td (the ) Tj ET Q q 0 0 0 rg BT 369.28 77.10 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 394.00 77.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.99 77.10 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 432.04 77.10 Td (the ) Tj ET Q q 0 0 0 rg BT 447.03 77.10 Td (eurozone ) Tj ET Q q 0 0 0 rg BT 486.45 77.10 Td (or ) Tj ET Q q 0 0 0 rg BT 497.55 77.10 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 540.30 77.10 Td (given ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (that ) Tj ET Q q 0 0 0 rg BT 65.94 65.10 Td (a ) Tj ET Q q 0 0 0 rg BT 71.83 65.10 Td (number ) Tj ET Q q 0 0 0 rg BT 103.82 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.60 65.10 Td (outcomes ) Tj ET Q q 0 0 0 rg BT 153.37 65.10 Td (are ) Tj ET Q q 0 0 0 rg BT 167.03 65.10 Td (possible, ) Tj ET Q q 0 0 0 rg BT 203.76 65.10 Td (including ) Tj ET Q q 0 0 0 rg BT 242.98 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.64 65.10 Td (cessation ) Tj ET Q q 0 0 0 rg BT 294.74 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 304.52 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 318.19 65.10 Td (publication ) Tj ET Q q 0 0 0 rg BT 364.62 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 374.40 65.10 Td (one ) Tj ET Q q 0 0 0 rg BT 390.29 65.10 Td (or ) Tj ET Q q 0 0 0 rg BT 400.07 65.10 Td (more ) Tj ET Q q 0 0 0 rg BT 422.06 65.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 460.69 65.10 Td (rates. ) Tj ET Q q 0 0 0 rg BT 483.52 65.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 500.52 65.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 519.18 65.10 Td (documents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 81.64 53.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 126.01 53.10 Td (that ) Tj ET Q q 0 0 0 rg BT 143.71 53.10 Td (contemplate ) Tj ET Q q 0 0 0 rg BT 195.28 53.10 Td (alternative ) Tj ET Q q 0 0 0 rg BT 240.18 53.10 Td (calculations ) Tj ET Q q 0 0 0 rg BT 290.64 53.10 Td (of ) Tj ET Q q 0 0 0 rg BT 301.67 53.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.59 53.10 Td (base ) Tj ET Q q 0 0 0 rg BT 337.06 53.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 354.75 53.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 398.54 53.10 Td (to ) Tj ET Q q 0 0 0 rg BT 409.02 53.10 Td (our ) Tj ET Q q 0 0 0 rg BT 425.05 53.10 Td (LIBOR-indexed ) Tj ET Q q 0 0 0 rg BT 492.74 53.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 512.66 53.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.14 53.10 Td (the ) Tj ET Q q 0 0 0 rg BT 538.06 53.10 Td (extent ) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 33.60 Td (II-1) Tj ET Q q 0 0 0 rg BT 310.77 33.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 82.54 713.10 Td (is ) Tj ET Q q 0 0 0 rg BT 92.25 713.10 Td (not ) Tj ET Q q 0 0 0 rg BT 108.07 713.10 Td (available, ) Tj ET Q q 0 0 0 rg BT 149.70 713.10 Td (which ) Tj ET Q q 0 0 0 rg BT 177.18 713.10 Td (alternative ) Tj ET Q q 0 0 0 rg BT 222.42 713.10 Td (calculations ) Tj ET Q q 0 0 0 rg BT 273.22 713.10 Td (we ) Tj ET Q q 0 0 0 rg BT 287.92 713.10 Td (do ) Tj ET Q q 0 0 0 rg BT 300.96 713.10 Td (not ) Tj ET Q q 0 0 0 rg BT 316.78 713.10 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 358.69 713.10 Td (will ) Tj ET Q q 0 0 0 rg BT 377.29 713.10 Td (be ) Tj ET Q q 0 0 0 rg BT 389.77 713.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 433.34 713.10 Td (dif) Tj ET Q q 0 0 0 rg BT 444.27 713.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 470.63 713.10 Td (from ) Tj ET Q q 0 0 0 rg BT 493.11 713.10 Td (what ) Tj ET Q q 0 0 0 rg BT 515.59 713.10 Td (would ) Tj ET Q q 0 0 0 rg BT 543.63 713.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (been ) Tj ET Q q 0 0 0 rg BT 71.34 701.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 114.83 701.10 Td (under ) Tj ET Q q 0 0 0 rg BT 140.56 701.10 Td (LIBOR. ) Tj ET Q q 0 0 0 rg BT 175.37 701.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 225.27 701.10 Td (, ) Tj ET Q q 0 0 0 rg BT 230.74 701.10 Td (no ) Tj ET Q q 0 0 0 rg BT 243.70 701.10 Td (mandatory ) Tj ET Q q 0 0 0 rg BT 289.42 701.10 Td (prepayment ) Tj ET Q q 0 0 0 rg BT 339.59 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 350.88 701.10 Td (redemption ) Tj ET Q q 0 0 0 rg BT 399.39 701.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 444.02 701.10 Td (would ) Tj ET Q q 0 0 0 rg BT 471.98 701.10 Td (be ) Tj ET Q q 0 0 0 rg BT 484.38 701.10 Td (triggered ) Tj ET Q q 0 0 0 rg BT 523.44 701.10 Td (under ) Tj ET Q q 0 0 0 rg BT 549.17 701.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 69.19 689.10 Td (documents ) Tj ET Q q 0 0 0 rg BT 114.99 689.10 Td (in ) Tj ET Q q 0 0 0 rg BT 125.24 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.93 689.10 Td (event ) Tj ET Q q 0 0 0 rg BT 164.06 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 181.53 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.22 689.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 228.69 689.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 246.15 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 255.29 689.10 Td (not ) Tj ET Q q 0 0 0 rg BT 270.54 689.10 Td (available. ) Tj ET Q q 0 0 0 rg BT 311.60 689.10 Td (It ) Tj ET Q q 0 0 0 rg BT 320.19 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 329.33 689.10 Td (possible, ) Tj ET Q q 0 0 0 rg BT 367.08 689.10 Td (however) Tj ET Q q 0 0 0 rg BT 401.11 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 406.08 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 423.55 689.10 Td (any ) Tj ET Q q 0 0 0 rg BT 440.46 689.10 Td (new ) Tj ET Q q 0 0 0 rg BT 459.60 689.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 499.25 689.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 516.71 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 534.18 689.10 Td (applies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 58.53 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 73.11 677.10 Td (LIBOR-indexed ) Tj ET Q q 0 0 0 rg BT 139.35 677.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 157.82 677.10 Td (could ) Tj ET Q q 0 0 0 rg BT 181.28 677.10 Td (be ) Tj ET Q q 0 0 0 rg BT 191.97 677.10 Td (dif) Tj ET Q q 0 0 0 rg BT 202.90 677.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 227.47 677.10 Td (from ) Tj ET Q q 0 0 0 rg BT 248.16 677.10 Td (any ) Tj ET Q q 0 0 0 rg BT 263.85 677.10 Td (new ) Tj ET Q q 0 0 0 rg BT 281.76 677.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 320.19 677.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 336.43 677.10 Td (that ) Tj ET Q q 0 0 0 rg BT 352.68 677.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 382.25 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 391.28 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 405.87 677.10 Td (LIBOR-indexed ) Tj ET Q q 0 0 0 rg BT 472.10 677.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 513.33 677.10 Td (instruments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 665.10 Td (e ) Tj ET Q q 0 0 0 rg BT 64.89 665.10 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 106.06 665.10 Td (managing ) Tj ET Q q 0 0 0 rg BT 147.81 665.10 Td (this ) Tj ET Q q 0 0 0 rg BT 164.56 665.10 Td (dif) Tj ET Q q 0 0 0 rg BT 175.49 665.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 207.21 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 223.96 665.10 Td (any ) Tj ET Q q 0 0 0 rg BT 240.71 665.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 278.02 665.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 318.08 665.10 Td (variable-rate ) Tj ET Q q 0 0 0 rg BT 370.91 665.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 409.31 665.10 Td (through ) Tj ET Q q 0 0 0 rg BT 442.73 665.10 Td (modifications ) Tj ET Q q 0 0 0 rg BT 500.03 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 510.12 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 525.76 665.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 545.29 665.10 Td (and/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.57 653.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 103.30 653.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 155.21 653.10 Td (however ) Tj ET Q q 0 0 0 rg BT 192.38 653.10 Td (future ) Tj ET Q q 0 0 0 rg BT 219.00 653.10 Td (market ) Tj ET Q q 0 0 0 rg BT 249.51 653.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 293.92 653.10 Td (may ) Tj ET Q q 0 0 0 rg BT 313.88 653.10 Td (not ) Tj ET Q q 0 0 0 rg BT 329.40 653.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 354.36 653.10 Td (immediate ) Tj ET Q q 0 0 0 rg BT 399.31 653.10 Td (implementation ) Tj ET Q q 0 0 0 rg BT 464.82 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 475.90 653.10 Td (desired ) Tj ET Q q 0 0 0 rg BT 507.52 653.10 Td (modifications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 77.55 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.26 641.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 133.65 641.10 Td (may ) Tj ET Q q 0 0 0 rg BT 153.37 641.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 176.41 641.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 221.13 641.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 264.72 641.10 Td (costs.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 617.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.57 617.10 Td (est ) Tj ET Q q 0 0 0 rg BT 91.18 617.10 Td (expenser) Tj ET Q q 0 0 0 rg BT 131.34 617.10 Td (elated-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 593.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.79 593.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 139.61 593.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 171.79 593.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 206.73 593.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 248.89 593.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.63 593.10 Td (1) Tj ET Q q 0 0 0 rg BT 271.26 593.10 Td (1.6 ) Tj ET Q q 0 0 0 rg BT 286.50 593.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.39 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 318.13 593.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.20 593.10 Td (10.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.03 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 357.77 593.10 Td (during ) Tj ET Q q 0 0 0 rg BT 386.62 593.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 409.36 593.10 Td (as ) Tj ET Q q 0 0 0 rg BT 420.43 593.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 462.60 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 473.12 593.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 498.16 593.10 Td (This ) Tj ET Q q 0 0 0 rg BT 518.68 593.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 555.83 593.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.55 581.10 Td (due ) Tj ET Q q 0 0 0 rg BT 106.82 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 117.44 581.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 143.04 581.10 Td (average ) Tj ET Q q 0 0 0 rg BT 176.97 581.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 226.47 581.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 246.52 581.10 Td (balances. ) Tj ET Q q 0 0 0 rg BT 286.28 581.10 Td (For ) Tj ET Q q 0 0 0 rg BT 303.01 581.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 345.84 581.10 Td (information ) Tj ET Q q 0 0 0 rg BT 395.89 581.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 437.04 581.10 Td (our ) Tj ET Q q 0 0 0 rg BT 453.21 581.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 507.12 581.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 529.68 581.10 Td (see ) Tj ET Q q 0 0 0 rg BT 545.28 581.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (1) Tj ET Q q 0 0 0 rg BT 54.13 569.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 61.63 569.10 Td (to ) Tj ET Q q 0 0 0 rg BT 71.91 569.10 Td (our ) Tj ET Q q 0 0 0 rg BT 87.74 569.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 140.78 569.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 178.26 569.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 545.10 Td (Realized ) Tj ET Q q 0 0 0 rg BT 95.43 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.93 545.10 Td (unr) Tj ET Q q 0 0 0 rg BT 126.45 545.10 Td (ealized ) Tj ET Q q 0 0 0 rg BT 157.28 545.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 181.45 545.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 214.50 545.10 Td (on ) Tj ET Q q 0 0 0 rg BT 227.00 545.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 269.48 545.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 321.15 545.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 521.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.58 521.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 119.74 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.70 521.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 180.87 521.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 204.50 521.10 Td (or ) Tj ET Q q 0 0 0 rg BT 215.36 521.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 241.77 521.10 Td (on ) Tj ET Q q 0 0 0 rg BT 254.30 521.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 296.80 521.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 345.99 521.10 Td (include ) Tj ET Q q 0 0 0 rg BT 377.95 521.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 389.91 521.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 434.08 521.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 468.81 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 479.11 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 493.85 521.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 510.25 521.10 Td (values ) Tj ET Q q 0 0 0 rg BT 538.33 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 521.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 92.17 509.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 141.52 509.10 Td (that ) Tj ET Q q 0 0 0 rg BT 159.20 509.10 Td (are ) Tj ET Q q 0 0 0 rg BT 174.10 509.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 212.88 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 223.35 509.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 251.02 509.10 Td (until ) Tj ET Q q 0 0 0 rg BT 272.04 509.10 Td (such ) Tj ET Q q 0 0 0 rg BT 293.06 509.10 Td (time ) Tj ET Q q 0 0 0 rg BT 313.52 509.10 Td (as ) Tj ET Q q 0 0 0 rg BT 324.54 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.44 509.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 382.11 509.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 420.89 509.10 Td (are ) Tj ET Q q 0 0 0 rg BT 435.78 509.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 457.36 509.10 Td (or ) Tj ET Q q 0 0 0 rg BT 468.37 509.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 504.38 509.10 Td (settled ) Tj ET Q q 0 0 0 rg BT 533.17 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.30 509.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 83.64 497.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 107.25 497.10 Td (or ) Tj ET Q q 0 0 0 rg BT 118.08 497.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 144.47 497.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 166.97 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.69 497.10 Td (full ) Tj ET Q q 0 0 0 rg BT 198.07 497.10 Td (or ) Tj ET Q q 0 0 0 rg BT 208.90 497.10 Td (partial ) Tj ET Q q 0 0 0 rg BT 236.95 497.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 280.54 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 291.38 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 306.09 497.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 348.57 497.10 Td (contracts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 473.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 473.10 Td (details ) Tj ET Q q 0 0 0 rg BT 114.15 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.98 473.10 Td (our ) Tj ET Q q 0 0 0 rg BT 140.81 473.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 174.95 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.89 473.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 236.03 473.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 259.64 473.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 292.69 473.10 Td (on ) Tj ET Q q 0 0 0 rg BT 305.19 473.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 347.67 473.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 399.34 473.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 416.55 473.10 Td (are ) Tj ET Q q 0 0 0 rg BT 431.26 473.10 Td (as ) Tj ET Q q 0 0 0 rg BT 442.09 473.10 Td (follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 390.60 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 390.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 390.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 390.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 360.60 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 360.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 360.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 360.60 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 434.6 m 501 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 434.6 m 505 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 434.6 m 501 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 420.6 m 501 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 434.6 m 505 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 434.6 m 562 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 420.6 m 562 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 360.6 m 501 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 360.6 m 562 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 360.6 m 501 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 346.6 m 501 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 344.6 m 501 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 360.6 m 562 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 346.6 m 562 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 344.6 m 562 344.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 453.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.95 453.05 Td (Y) Tj ET Q q 0 0 0 rg BT 486.95 453.05 Td (ear) Tj ET Q q 0 0 0 rg BT 498.86 453.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 439.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.30 439.05 Td (December) Tj ET Q q 0 0 0 rg BT 515.19 439.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 425.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 425.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 425.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.35 410.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 380.27 Td (Cross-currency and interest rate derivative contracts \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 380.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 380.27 Td (292.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.50 380.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 380.32 Td (\(635.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 380.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 365.27 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 365.27 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 365.32 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 365.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 350.27 Td (T) Tj ET Q q 0 0 0 rg BT 62.91 350.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 350.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 350.27 Td (295.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.50 350.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 350.32 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 350.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 76.50 310.10 Td (The ) Tj ET Q q 0 0 0 rg BT 95.00 310.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 119.05 310.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 152.55 310.10 Td (are ) Tj ET Q q 0 0 0 rg BT 167.71 310.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 207.87 310.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 256.36 310.10 Td (to ) Tj ET Q q 0 0 0 rg BT 267.09 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 282.25 310.10 Td (net ) Tj ET Q q 0 0 0 rg BT 297.42 310.10 Td (ef) Tj ET Q q 0 0 0 rg BT 305.01 310.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 322.94 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 334.22 310.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 358.28 310.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 402.32 310.10 Td (with ) Tj ET Q q 0 0 0 rg BT 423.05 310.10 Td (a ) Tj ET Q q 0 0 0 rg BT 430.44 310.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 467.80 310.10 Td (in ) Tj ET Q q 0 0 0 rg BT 478.53 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 493.69 310.10 Td (value ) Tj ET Q q 0 0 0 rg BT 518.30 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 529.58 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 544.74 310.10 Td (euro ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 298.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 109.28 298.10 Td (to ) Tj ET Q q 0 0 0 rg BT 119.87 298.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.89 298.10 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.67 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 155.48 298.10 Td (dollar) Tj ET Q q 0 0 0 rg BT 178.25 298.10 Td (. ) Tj ET Q q 0 0 0 rg BT 183.55 298.10 Td (In ) Tj ET Q q 0 0 0 rg BT 194.69 298.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 232.77 298.10 Td (the ) Tj ET Q q 0 0 0 rg BT 247.79 298.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 271.70 298.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 305.05 298.10 Td (include ) Tj ET Q q 0 0 0 rg BT 337.29 298.10 Td (net ) Tj ET Q q 0 0 0 rg BT 352.31 298.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 376.23 298.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.36 298.10 Td (0.5 ) Tj ET Q q 0 0 0 rg BT 407.66 298.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.56 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 439.36 298.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.60 298.10 Td (63.8 ) Tj ET Q q 0 0 0 rg BT 481.91 298.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.80 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 513.60 298.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.52 298.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 286.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.44 286.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.44 286.10 Td (, ) Tj ET Q q 0 0 0 rg BT 118.44 286.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 166.10 286.10 Td (, ) Tj ET Q q 0 0 0 rg BT 171.10 286.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 208.59 286.10 Td (from ) Tj ET Q q 0 0 0 rg BT 230.53 286.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 265.24 286.10 Td (in ) Tj ET Q q 0 0 0 rg BT 275.52 286.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 300.78 286.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 318.28 286.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 357.99 286.10 Td (adjustments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 262.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 262.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 262.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 262.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.91 262.10 Td (our ) Tj ET Q q 0 0 0 rg BT 232.74 262.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 275.22 262.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 326.88 262.10 Td (see ) Tj ET Q q 0 0 0 rg BT 342.15 262.10 Td (notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.76 262.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.76 262.10 Td ( ) Tj ET Q q 0 0 0 rg BT 373.26 262.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.20 262.10 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.20 262.10 Td ( ) Tj ET Q q 0 0 0 rg BT 397.70 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 407.98 262.10 Td (our ) Tj ET Q q 0 0 0 rg BT 423.81 262.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 476.85 262.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 514.33 262.10 Td (statements.) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-12) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (For) Tj ET Q q 0 0 0 rg BT 73.13 713.10 Td (eign ) Tj ET Q q 0 0 0 rg BT 92.85 713.10 Td (curr) Tj ET Q q 0 0 0 rg BT 109.70 713.10 Td (ency ) Tj ET Q q 0 0 0 rg BT 130.51 713.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 178.57 713.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 202.74 713.10 Td (\(losses\), ) Tj ET Q q 0 0 0 rg BT 238.29 713.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.87 689.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 117.57 689.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 155.37 689.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 202.07 689.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 226.00 689.10 Td (or ) Tj ET Q q 0 0 0 rg BT 237.15 689.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 263.86 689.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 303.90 689.10 Td (result ) Tj ET Q q 0 0 0 rg BT 328.94 689.10 Td (from ) Tj ET Q q 0 0 0 rg BT 351.20 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.24 689.10 Td (remeasurement ) Tj ET Q q 0 0 0 rg BT 430.14 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 441.29 689.10 Td (monetary ) Tj ET Q q 0 0 0 rg BT 481.88 689.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 508.03 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 525.29 689.10 Td (liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (that ) Tj ET Q q 0 0 0 rg BT 66.83 677.10 Td (are ) Tj ET Q q 0 0 0 rg BT 81.37 677.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 135.36 677.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.47 677.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 188.89 677.10 Td (other ) Tj ET Q q 0 0 0 rg BT 211.77 677.10 Td (than ) Tj ET Q q 0 0 0 rg BT 231.33 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 246.99 677.10 Td (functional ) Tj ET Q q 0 0 0 rg BT 289.87 677.10 Td (currency) Tj ET Q q 0 0 0 rg BT 324.20 677.10 Td (. ) Tj ET Q q 0 0 0 rg BT 329.03 677.10 Td (Unrealized ) Tj ET Q q 0 0 0 rg BT 375.23 677.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 406.44 677.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 443.75 677.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 489.96 677.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 513.40 677.10 Td (or ) Tj ET Q q 0 0 0 rg BT 524.07 677.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 550.30 677.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (computed ) Tj ET Q q 0 0 0 rg BT 91.65 665.10 Td (based ) Tj ET Q q 0 0 0 rg BT 117.13 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 129.84 665.10 Td (period-end ) Tj ET Q q 0 0 0 rg BT 175.86 665.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 216.33 665.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 237.92 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.07 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 269.99 665.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 308.80 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 319.29 665.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 346.98 665.10 Td (until ) Tj ET Q q 0 0 0 rg BT 368.03 665.10 Td (such ) Tj ET Q q 0 0 0 rg BT 389.07 665.10 Td (time ) Tj ET Q q 0 0 0 rg BT 409.55 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 420.60 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 435.52 665.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 472.12 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 487.04 665.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 518.16 665.10 Td (The ) Tj ET Q q 0 0 0 rg BT 536.42 665.10 Td (details ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 653.10 Td (our ) Tj ET Q q 0 0 0 rg BT 76.16 653.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 107.54 653.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 145.01 653.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 191.38 653.10 Td (gains, ) Tj ET Q q 0 0 0 rg BT 217.49 653.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 234.71 653.10 Td (are ) Tj ET Q q 0 0 0 rg BT 249.42 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 260.25 653.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 574.60 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 574.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 574.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 544.60 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 544.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 544.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 544.60 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 614.6 m 502 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 614.6 m 506 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 614.6 m 502 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 600.6 m 502 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 614.6 m 506 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 614.6 m 563 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 600.6 m 563 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 529.6 m 502 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 529.6 m 563 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 529.6 m 502 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 515.6 m 502 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 513.6 m 502 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 529.6 m 563 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 515.6 m 563 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 513.6 m 563 513.6 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 633.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.95 633.05 Td (Y) Tj ET Q q 0 0 0 rg BT 487.95 633.05 Td (ear) Tj ET Q q 0 0 0 rg BT 499.86 633.05 Td ( ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 619.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.30 619.05 Td (December) Tj ET Q q 0 0 0 rg BT 516.19 619.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 605.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.00 605.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.35 592.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 564.27 Td (U.S. dollar) Tj ET Q q 0 0 0 rg BT 96.01 564.27 Td (-denominated debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 564.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 564.27 Td (232.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 564.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 564.27 Td (647.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 549.27 Td (Restricted cash and cash denominated in a currency other than our functional currency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 549.32 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 549.27 Td (19.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 535.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 534.27 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 534.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 520.17 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 520.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 519.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 519.27 Td (232.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 519.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 519.27 Td (666.8) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 491.10 Td (Gains ) Tj ET Q q 0 0 0 rg BT 84.89 491.10 Td (on ) Tj ET Q q 0 0 0 rg BT 97.39 491.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 117.11 491.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 170.16 491.10 Td (and ) Tj ET Q q 0 0 0 rg BT 187.66 491.10 Td (extinguishment, ) Tj ET Q q 0 0 0 rg BT 253.20 491.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 467.10 Td (e ) Tj ET Q q 0 0 0 rg BT 81.99 467.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 127.27 467.10 Td (a ) Tj ET Q q 0 0 0 rg BT 133.12 467.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 151.75 467.10 Td (on ) Tj ET Q q 0 0 0 rg BT 163.16 467.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 181.79 467.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 234.30 467.10 Td (and ) Tj ET Q q 0 0 0 rg BT 250.16 467.10 Td (extinguishment, ) Tj ET Q q 0 0 0 rg BT 315.73 467.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 331.86 467.10 Td (of ) Tj ET Q q 0 0 0 rg BT 341.60 467.10 Td (nil ) Tj ET Q q 0 0 0 rg BT 353.57 467.10 Td (and ) Tj ET Q q 0 0 0 rg BT 369.43 467.10 Td (15.2 ) Tj ET Q q 0 0 0 rg BT 393.34 467.10 Td (million ) Tj ET Q q 0 0 0 rg BT 423.65 467.10 Td (during ) Tj ET Q q 0 0 0 rg BT 451.17 467.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 472.58 467.10 Td (and ) Tj ET Q q 0 0 0 rg BT 488.43 467.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 512.35 467.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 467.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.04 455.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 88.24 455.10 Td (during ) Tj ET Q q 0 0 0 rg BT 117.34 455.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 140.33 455.10 Td (is ) Tj ET Q q 0 0 0 rg BT 149.98 455.10 Td (related ) Tj ET Q q 0 0 0 rg BT 180.17 455.10 Td (to ) Tj ET Q q 0 0 0 rg BT 190.94 455.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.15 455.10 Td (write-of) Tj ET Q q 0 0 0 rg BT 238.17 455.10 Td (f ) Tj ET Q q 0 0 0 rg BT 244.49 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 255.81 455.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 268.24 455.10 Td (21.6 ) Tj ET Q q 0 0 0 rg BT 293.72 455.10 Td (million ) Tj ET Q q 0 0 0 rg BT 325.60 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 336.92 455.10 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 389.89 455.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 432.87 455.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.30 455.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 465.51 455.10 Td (6.4 ) Tj ET Q q 0 0 0 rg BT 485.99 455.10 Td (million ) Tj ET Q q 0 0 0 rg BT 517.87 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 529.19 455.10 Td (deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 89.76 443.10 Td (costs.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 419.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 90.43 419.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 105.15 419.10 Td (benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 395.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 395.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.08 395.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 129.44 395.10 Td (an ) Tj ET Q q 0 0 0 rg BT 141.38 395.10 Td (income ) Tj ET Q q 0 0 0 rg BT 173.31 395.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 188.03 395.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 218.29 395.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.12 395.10 Td (318.4 ) Tj ET Q q 0 0 0 rg BT 259.12 395.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.01 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 290.51 395.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.45 395.10 Td (91.7 ) Tj ET Q q 0 0 0 rg BT 332.45 395.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.34 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 363.84 395.10 Td (during ) Tj ET Q q 0 0 0 rg BT 392.45 395.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 414.95 395.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.89 395.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 456.89 395.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 504.55 395.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 371.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.65 371.10 Td (income ) Tj ET Q q 0 0 0 rg BT 117.69 371.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 132.52 371.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 162.89 371.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 209.36 371.10 Td (during ) Tj ET Q q 0 0 0 rg BT 238.07 371.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 260.68 371.10 Td (dif) Tj ET Q q 0 0 0 rg BT 271.60 371.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 289.20 371.10 Td (from ) Tj ET Q q 0 0 0 rg BT 311.25 371.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.07 371.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 364.21 371.10 Td (income ) Tj ET Q q 0 0 0 rg BT 396.25 371.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 411.07 371.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 441.44 371.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.38 371.10 Td (98.9 ) Tj ET Q q 0 0 0 rg BT 477.48 371.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.38 371.10 Td ( ) Tj ET Q q 0 0 0 rg BT 508.98 371.10 Td (\(based ) Tj ET Q q 0 0 0 rg BT 537.69 371.10 Td (on ) Tj ET Q q 0 0 0 rg BT 550.29 371.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (enacted ) Tj ET Q q 0 0 0 rg BT 82.71 359.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 109.82 359.10 Td (income ) Tj ET Q q 0 0 0 rg BT 141.93 359.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 156.82 359.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 174.48 359.10 Td (for ) Tj ET Q q 0 0 0 rg BT 188.82 359.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 211.49 359.10 Td (of ) Tj ET Q q 0 0 0 rg BT 222.50 359.10 Td (25.0%\), ) Tj ET Q q 0 0 0 rg BT 256.83 359.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 296.72 359.10 Td (due ) Tj ET Q q 0 0 0 rg BT 313.83 359.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.28 359.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.17 359.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 373.51 359.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 403.40 359.10 Td (of ) Tj ET Q q 0 0 0 rg BT 414.41 359.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 426.52 359.10 Td (a ) Tj ET Q q 0 0 0 rg BT 433.63 359.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 474.07 359.10 Td (in ) Tj ET Q q 0 0 0 rg BT 484.52 359.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.42 359.10 Td (net ) Tj ET Q q 0 0 0 rg BT 514.31 359.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 550.29 359.10 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 89.75 347.10 Td (due ) Tj ET Q q 0 0 0 rg BT 107.22 347.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.03 347.10 Td (enacted ) Tj ET Q q 0 0 0 rg BT 151.60 347.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 186.84 347.10 Td (in ) Tj ET Q q 0 0 0 rg BT 197.65 347.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 212.90 347.10 Td (law ) Tj ET Q q 0 0 0 rg BT 230.38 347.10 Td (during ) Tj ET Q q 0 0 0 rg BT 259.52 347.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.77 347.10 Td (fourth ) Tj ET Q q 0 0 0 rg BT 302.24 347.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 333.59 347.10 Td (of ) Tj ET Q q 0 0 0 rg BT 344.95 347.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 370.49 347.10 Td (and ) Tj ET Q q 0 0 0 rg BT 387.96 347.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 403.21 347.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 418.46 347.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 453.15 347.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 497.28 347.10 Td (with ) Tj ET Q q 0 0 0 rg BT 518.09 347.10 Td (technology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (innovation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 311.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.02 311.10 Td (income ) Tj ET Q q 0 0 0 rg BT 116.43 311.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 130.62 311.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 160.36 311.10 Td (during ) Tj ET Q q 0 0 0 rg BT 188.44 311.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 210.42 311.10 Td (dif) Tj ET Q q 0 0 0 rg BT 221.35 311.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 238.31 311.10 Td (from ) Tj ET Q q 0 0 0 rg BT 259.73 311.10 Td (the ) Tj ET Q q 0 0 0 rg BT 273.92 311.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 311.43 311.10 Td (income ) Tj ET Q q 0 0 0 rg BT 342.83 311.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 357.03 311.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 386.77 311.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.07 311.10 Td (80.4 ) Tj ET Q q 0 0 0 rg BT 421.55 311.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.44 311.10 Td ( ) Tj ET Q q 0 0 0 rg BT 452.41 311.10 Td (\(based ) Tj ET Q q 0 0 0 rg BT 480.49 311.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.46 311.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.65 311.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 533.07 311.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.22 299.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 81.70 299.10 Td (of ) Tj ET Q q 0 0 0 rg BT 92.53 299.10 Td (25.0%\), ) Tj ET Q q 0 0 0 rg BT 126.69 299.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 166.40 299.10 Td (due ) Tj ET Q q 0 0 0 rg BT 183.34 299.10 Td (to ) Tj ET Q q 0 0 0 rg BT 193.62 299.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.34 299.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 242.50 299.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 272.21 299.10 Td (of ) Tj ET Q q 0 0 0 rg BT 283.04 299.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 297.76 299.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 331.92 299.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 375.51 299.10 Td (with ) Tj ET Q q 0 0 0 rg BT 395.79 299.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 442.72 299.10 Td (innovation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (For ) Tj ET Q q 0 0 0 rg BT 65.89 275.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 108.38 275.10 Td (information ) Tj ET Q q 0 0 0 rg BT 158.09 275.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 198.91 275.10 Td (our ) Tj ET Q q 0 0 0 rg BT 214.74 275.10 Td (income ) Tj ET Q q 0 0 0 rg BT 246.67 275.10 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 272.22 275.10 Td (see ) Tj ET Q q 0 0 0 rg BT 287.49 275.10 Td (note ) Tj ET Q q 0 0 0 rg BT 307.21 275.10 Td (10 ) Tj ET Q q 0 0 0 rg BT 319.71 275.10 Td (to ) Tj ET Q q 0 0 0 rg BT 329.98 275.10 Td (our ) Tj ET Q q 0 0 0 rg BT 345.81 275.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 398.86 275.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 436.34 275.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 251.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 74.89 251.10 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 227.10 Td (During ) Tj ET Q q 0 0 0 rg BT 97.55 227.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 119.28 227.10 Td (and ) Tj ET Q q 0 0 0 rg BT 135.44 227.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 159.66 227.10 Td (we ) Tj ET Q q 0 0 0 rg BT 173.05 227.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 208.09 227.10 Td (net ) Tj ET Q q 0 0 0 rg BT 222.03 227.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 247.64 227.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.70 227.10 Td (77.5 ) Tj ET Q q 0 0 0 rg BT 281.92 227.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.81 227.10 Td ( ) Tj ET Q q 0 0 0 rg BT 312.53 227.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.70 227.10 Td (229.3 ) Tj ET Q q 0 0 0 rg BT 357.92 227.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.81 227.10 Td (, ) Tj ET Q q 0 0 0 rg BT 391.04 227.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 438.70 227.10 Td (, ) Tj ET Q q 0 0 0 rg BT 442.92 227.10 Td (including ) Tj ET Q q 0 0 0 rg BT 482.42 227.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 493.58 227.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 533.07 227.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.25 215.10 Td (1) Tj ET Q q 0 0 0 rg BT 68.88 215.10 Td (10.6 ) Tj ET Q q 0 0 0 rg BT 87.81 215.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.70 215.10 Td ( ) Tj ET Q q 0 0 0 rg BT 118.13 215.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.99 215.10 Td (193.1 ) Tj ET Q q 0 0 0 rg BT 162.91 215.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.80 215.10 Td (, ) Tj ET Q q 0 0 0 rg BT 195.73 215.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 243.39 215.10 Td (, ) Tj ET Q q 0 0 0 rg BT 247.32 215.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 260.96 215.10 Td (net ) Tj ET Q q 0 0 0 rg BT 274.60 215.10 Td (non-operating ) Tj ET Q q 0 0 0 rg BT 332.12 215.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 365.75 215.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 215.10 Td (506.5 ) Tj ET Q q 0 0 0 rg BT 404.43 215.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.32 215.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.75 215.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.61 215.10 Td (514.1 ) Tj ET Q q 0 0 0 rg BT 479.53 215.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.42 215.10 Td (, ) Tj ET Q q 0 0 0 rg BT 512.35 215.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 215.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 203.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 83.93 203.10 Td (income ) Tj ET Q q 0 0 0 rg BT 115.87 203.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 130.58 203.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 160.85 203.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.68 203.10 Td (318.4 ) Tj ET Q q 0 0 0 rg BT 201.68 203.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.57 203.10 Td ( ) Tj ET Q q 0 0 0 rg BT 233.07 203.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.01 203.10 Td (91.7 ) Tj ET Q q 0 0 0 rg BT 275.01 203.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.90 203.10 Td (, ) Tj ET Q q 0 0 0 rg BT 308.90 203.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 356.56 203.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 179.10 Td (Gains ) Tj ET Q q 0 0 0 rg BT 93.72 179.10 Td (or ) Tj ET Q q 0 0 0 rg BT 104.95 179.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 131.74 179.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 175.72 179.10 Td (with ) Tj ET Q q 0 0 0 rg BT 196.40 179.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 208.73 179.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 243.83 179.10 Td (in ) Tj ET Q q 0 0 0 rg BT 254.50 179.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.62 179.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 286.39 179.10 Td (values ) Tj ET Q q 0 0 0 rg BT 314.83 179.10 Td (of ) Tj ET Q q 0 0 0 rg BT 326.05 179.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 368.93 179.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 420.99 179.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 436.10 179.10 Td (movements ) Tj ET Q q 0 0 0 rg BT 485.10 179.10 Td (in ) Tj ET Q q 0 0 0 rg BT 495.77 179.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 527.54 179.10 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 89.14 167.10 Td (rates, ) Tj ET Q q 0 0 0 rg BT 112.41 167.10 Td (and ) Tj ET Q q 0 0 0 rg BT 128.74 167.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 145.62 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 159.72 167.10 Td (disposition ) Tj ET Q q 0 0 0 rg BT 205.51 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.73 167.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 240.95 167.10 Td (are ) Tj ET Q q 0 0 0 rg BT 255.04 167.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 285.26 167.10 Td (to ) Tj ET Q q 0 0 0 rg BT 294.92 167.10 Td (a ) Tj ET Q q 0 0 0 rg BT 301.25 167.10 Td (high ) Tj ET Q q 0 0 0 rg BT 320.92 167.10 Td (degree ) Tj ET Q q 0 0 0 rg BT 349.45 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 359.67 167.10 Td (volatility ) Tj ET Q q 0 0 0 rg BT 397.67 167.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 416.50 167.10 Td (as ) Tj ET Q q 0 0 0 rg BT 426.71 167.10 Td (such, ) Tj ET Q q 0 0 0 rg BT 449.43 167.10 Td (any ) Tj ET Q q 0 0 0 rg BT 465.76 167.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 488.76 167.10 Td (from ) Tj ET Q q 0 0 0 rg BT 510.08 167.10 Td (these ) Tj ET Q q 0 0 0 rg BT 532.52 167.10 Td (sources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (do ) Tj ET Q q 0 0 0 rg BT 61.61 155.10 Td (not ) Tj ET Q q 0 0 0 rg BT 76.49 155.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 115.24 155.10 Td (a ) Tj ET Q q 0 0 0 rg BT 121.79 155.10 Td (reliable ) Tj ET Q q 0 0 0 rg BT 153.88 155.10 Td (source ) Tj ET Q q 0 0 0 rg BT 182.08 155.10 Td (of ) Tj ET Q q 0 0 0 rg BT 192.52 155.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 226.56 155.10 Td (In ) Tj ET Q q 0 0 0 rg BT 237.00 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 251.32 155.10 Td (absence ) Tj ET Q q 0 0 0 rg BT 285.07 155.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.51 155.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 339.83 155.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 363.04 155.10 Td (in ) Tj ET Q q 0 0 0 rg BT 372.93 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.25 155.10 Td (future ) Tj ET Q q 0 0 0 rg BT 413.24 155.10 Td (from ) Tj ET Q q 0 0 0 rg BT 434.78 155.10 Td (these ) Tj ET Q q 0 0 0 rg BT 457.44 155.10 Td (sources ) Tj ET Q q 0 0 0 rg BT 489.53 155.10 Td (or ) Tj ET Q q 0 0 0 rg BT 499.97 155.10 Td (from ) Tj ET Q q 0 0 0 rg BT 521.52 155.10 Td (other ) Tj ET Q q 0 0 0 rg BT 544.17 155.10 Td (non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 89.63 143.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 116.17 143.10 Td (our ) Tj ET Q q 0 0 0 rg BT 131.86 143.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 159.78 143.10 Td (to ) Tj ET Q q 0 0 0 rg BT 169.93 143.10 Td (achieve ) Tj ET Q q 0 0 0 rg BT 202.83 143.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 239.08 143.10 Td (from ) Tj ET Q q 0 0 0 rg BT 260.88 143.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 304.91 143.10 Td (is ) Tj ET Q q 0 0 0 rg BT 313.94 143.10 Td (lar) Tj ET Q q 0 0 0 rg BT 324.31 143.10 Td (gely ) Tj ET Q q 0 0 0 rg BT 343.89 143.10 Td (dependent ) Tj ET Q q 0 0 0 rg BT 387.36 143.10 Td (on ) Tj ET Q q 0 0 0 rg BT 399.72 143.10 Td (our ) Tj ET Q q 0 0 0 rg BT 415.42 143.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 443.34 143.10 Td (to ) Tj ET Q q 0 0 0 rg BT 453.49 143.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 488.61 143.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.31 143.10 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.76 143.10 Td ( ) Tj ET Q q 0 0 0 rg BT 526.13 143.10 Td (to ) Tj ET Q q 0 0 0 rg BT 536.28 143.10 Td (a ) Tj ET Q q 0 0 0 rg BT 543.08 143.10 Td (level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (that ) Tj ET Q q 0 0 0 rg BT 67.23 131.10 Td (more ) Tj ET Q q 0 0 0 rg BT 90.51 131.10 Td (than ) Tj ET Q q 0 0 0 rg BT 110.46 131.10 Td (of) Tj ET Q q 0 0 0 rg BT 118.61 131.10 Td (fsets ) Tj ET Q q 0 0 0 rg BT 139.68 131.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.63 131.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 196.22 131.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 228.95 131.10 Td (of ) Tj ET Q q 0 0 0 rg BT 240.02 131.10 Td (our ) Tj ET Q q 0 0 0 rg BT 256.08 131.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 269.92 131.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 319.85 131.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 378.12 131.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 415.56 131.10 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 429.96 131.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 483.77 131.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 502.61 131.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 539.78 131.10 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 131.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (JV) Tj ET Q q 0 0 0 rg BT 60.43 119.10 Td ( ) Tj ET Q q 0 0 0 rg BT 62.32 119.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 93.77 119.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.09 119.10 Td (, ) Tj ET Q q 0 0 0 rg BT 146.48 119.10 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 159.46 119.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 210.77 119.10 Td (and ) Tj ET Q q 0 0 0 rg BT 227.09 119.10 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 282.01 119.10 Td (\(d\) ) Tj ET Q q 0 0 0 rg BT 295.56 119.10 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 346.04 119.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 399.02 119.10 Td (and ) Tj ET Q q 0 0 0 rg BT 415.35 119.10 Td (other ) Tj ET Q q 0 0 0 rg BT 437.78 119.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 477.43 119.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 503.48 119.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 520.09 119.10 Td (\(e\) ) Tj ET Q q 0 0 0 rg BT 533.07 119.10 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 86.71 107.10 Td (\(f\) ) Tj ET Q q 0 0 0 rg BT 99.20 107.10 Td (other ) Tj ET Q q 0 0 0 rg BT 122.24 107.10 Td (net ) Tj ET Q q 0 0 0 rg BT 136.96 107.10 Td (non-operating ) Tj ET Q q 0 0 0 rg BT 195.55 107.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 236.65 107.10 Td (and ) Tj ET Q q 0 0 0 rg BT 253.59 107.10 Td (\(g\) ) Tj ET Q q 0 0 0 rg BT 267.75 107.10 Td (income ) Tj ET Q q 0 0 0 rg BT 299.69 107.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 314.40 107.10 Td (expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 83.10 Td (Subject ) Tj ET Q q 0 0 0 rg BT 100.18 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 110.64 83.10 Td (the ) Tj ET Q q 0 0 0 rg BT 125.54 83.10 Td (limitations ) Tj ET Q q 0 0 0 rg BT 171.00 83.10 Td (included ) Tj ET Q q 0 0 0 rg BT 208.12 83.10 Td (in ) Tj ET Q q 0 0 0 rg BT 218.58 83.10 Td (our ) Tj ET Q q 0 0 0 rg BT 234.59 83.10 Td (various ) Tj ET Q q 0 0 0 rg BT 266.71 83.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 286.61 83.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 338.46 83.10 Td (we ) Tj ET Q q 0 0 0 rg BT 352.81 83.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 381.58 83.10 Td (to ) Tj ET Q q 0 0 0 rg BT 392.04 83.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 429.72 83.10 Td (our ) Tj ET Q q 0 0 0 rg BT 445.73 83.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 465.63 83.10 Td (at ) Tj ET Q q 0 0 0 rg BT 475.53 83.10 Td (current ) Tj ET Q q 0 0 0 rg BT 506.53 83.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 532.54 83.10 Td (relative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.93 71.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.91 71.10 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 116.88 71.10 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.54 71.10 Td (, ) Tj ET Q q 0 0 0 rg BT 158.69 71.10 Td (as ) Tj ET Q q 0 0 0 rg BT 169.67 71.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 202.30 71.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.39 71.10 Td (described ) Tj ET Q q 0 0 0 rg BT 260.35 71.10 Td (in ) Tj ET Q q 0 0 0 rg BT 270.78 71.10 Td (note ) Tj ET Q q 0 0 0 rg BT 290.65 71.10 Td (1) Tj ET Q q 0 0 0 rg BT 295.28 71.10 Td (1. ) Tj ET Q q 0 0 0 rg BT 304.84 71.10 Td (As ) Tj ET Q q 0 0 0 rg BT 318.60 71.10 Td (a ) Tj ET Q q 0 0 0 rg BT 325.69 71.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 353.06 71.10 Td (we ) Tj ET Q q 0 0 0 rg BT 367.37 71.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 396.11 71.10 Td (that ) Tj ET Q q 0 0 0 rg BT 413.75 71.10 Td (we ) Tj ET Q q 0 0 0 rg BT 428.06 71.10 Td (will ) Tj ET Q q 0 0 0 rg BT 446.27 71.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 483.35 71.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.78 71.10 Td (report ) Tj ET Q q 0 0 0 rg BT 520.30 71.10 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 75.30 59.10 Td (of ) Tj ET Q q 0 0 0 rg BT 86.11 59.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 118.02 59.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 152.70 59.10 Td (for ) Tj ET Q q 0 0 0 rg BT 166.84 59.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.54 59.10 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 229.53 59.10 Td (future. ) Tj ET Q q 0 0 0 rg BT 258.39 59.10 Td (For ) Tj ET Q q 0 0 0 rg BT 274.76 59.10 Td (information ) Tj ET Q q 0 0 0 rg BT 324.45 59.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 371.35 59.10 Td (our ) Tj ET Q q 0 0 0 rg BT 387.15 59.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 439.61 59.10 Td (with ) Tj ET Q q 0 0 0 rg BT 459.87 59.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 490.66 59.10 Td (to ) Tj ET Q q 0 0 0 rg BT 500.92 59.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 527.83 59.10 Td (that ) Tj ET Q q 0 0 0 rg BT 545.30 59.10 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 47.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 74.57 47.10 Td (our ) Tj ET Q q 0 0 0 rg BT 90.40 47.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 130.67 47.10 Td (results ) Tj ET Q q 0 0 0 rg BT 159.28 47.10 Td (in ) Tj ET Q q 0 0 0 rg BT 169.55 47.10 Td (future ) Tj ET Q q 0 0 0 rg BT 195.93 47.10 Td (periods, ) Tj ET Q q 0 0 0 rg BT 230.37 47.10 Td (see ) Tj ET Q q 0 0 0 rg BT 245.64 47.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.35 47.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 304.52 47.10 Td (under ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 329.79 47.10 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.11 47.10 Td ( ) Tj ET Q q 0 0 0 rg BT 370.61 47.10 Td (above. ) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-13) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 72.00 701.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 115.05 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.33 701.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 677.10 Td (Historical ) Tj ET Q q 0 0 0 rg BT 109.50 677.10 Td (results ) Tj ET Q q 0 0 0 rg BT 138.18 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 152.41 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.19 677.10 Td (year ) Tj ET Q q 0 0 0 rg BT 186.97 677.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 213.41 677.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 272.07 677.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 297.13 677.10 Td (as ) Tj ET Q q 0 0 0 rg BT 308.03 677.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 350.02 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.37 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 375.16 677.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 391.05 677.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 417.50 677.10 Td (results ) Tj ET Q q 0 0 0 rg BT 446.18 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 460.41 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.19 677.10 Td (year ) Tj ET Q q 0 0 0 rg BT 494.97 677.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 521.41 677.10 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 64.50 665.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 89.50 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 104.21 665.10 Td (set ) Tj ET Q q 0 0 0 rg BT 117.82 665.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 139.75 665.10 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 654.60 375.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 424.00 654.60 138.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 626.60 375.00 -13.00 re f /GS0 gs 1 1 1 rg /GS0 gs 424.00 626.60 138.00 -13.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 600.60 375.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 424.00 600.60 67.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 491.00 600.60 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 495.00 600.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 585.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 585.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 585.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 545.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 545.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 545.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 545.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 515.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 515.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 515.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 515.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 485.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 485.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 485.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 485.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 455.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 455.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 455.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 425.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 425.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 425.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 425.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 394.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 394.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 394.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 394.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 364.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 364.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 364.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 364.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 334.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 334.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 334.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 304.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 304.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 304.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 304.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 274.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 274.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 274.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 274.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 244.60 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 244.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 244.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 244.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 640.6 m 491 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 640.6 m 562 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 640.6 m 491 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 626.6 m 491 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491 640.6 m 495 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 640.6 m 562 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 626.6 m 562 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 570.6 m 491 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 570.6 m 562 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 455.6 m 491 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 455.6 m 562 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 440.6 m 491 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 455.6 m 562 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 440.6 m 562 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 425.6 m 491 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 425.6 m 562 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 289.6 m 491 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 289.6 m 562 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 289.6 m 491 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 274.6 m 491 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 289.6 m 562 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 274.6 m 562 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 274.6 m 491 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 274.6 m 562 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 244.60000000000002 m 491 244.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 244.60000000000002 m 491 244.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 230.60000000000002 m 491 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 228.60000000000002 m 491 228.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 244.60000000000002 m 562 244.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 230.60000000000002 m 562 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 228.60000000000002 m 562 228.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.65 645.05 Td (Y) Tj ET Q q 0 0 0 rg BT 449.65 645.05 Td (ear) Tj ET Q q 0 0 0 rg BT 461.56 645.05 Td ( ended December) Tj ET Q q 0 0 0 rg BT 527.88 645.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.00 631.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.00 631.05 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.35 618.00 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.45 605.00 Td (pr) Tj ET Q q 0 0 0 rg BT 517.29 605.00 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 575.27 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.50 575.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 575.27 Td (3,995.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 575.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 575.27 Td (4,146.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 561.17 Td (Operating costs and expenses \(exclusive of depreciation and amortization, shown separately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 551.17 Td (below\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 535.27 Td (Programming and other direct costs of services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 535.27 Td (874.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 535.27 Td (924.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 520.27 Td (Other operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 520.27 Td (478.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 520.27 Td (473.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 505.27 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 505.27 Td (712.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 505.27 Td (715.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 490.27 Td (Char) Tj ET Q q 0 0 0 rg BT 79.85 490.27 Td (ges for JV) Tj ET Q q 0 0 0 rg BT 120.77 490.27 Td ( Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 490.27 Td (243.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 490.27 Td (252.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 475.27 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 475.27 Td (1,486.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 475.27 Td (1,466.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 460.27 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 460.27 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 460.27 Td (13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 445.27 Td (3,826.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 445.27 Td (3,845.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 431.17 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 430.27 Td (192.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 430.27 Td (301.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 415.27 Td (Non-operating income \(expense\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 399.27 Td (Interest expense:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 384.27 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 384.32 Td (\(463.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 384.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 384.32 Td (\(456.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 384.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 369.27 Td (Related-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 369.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 469.63 369.32 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 369.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 369.32 Td (\(101.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 369.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 354.27 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 354.27 Td (5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 354.27 Td (4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 339.27 Td (Realized and unrealized losses on derivative instruments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 339.32 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 339.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 339.32 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 339.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 324.27 Td (Foreign currency transaction gains \(losses\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 324.27 Td (666.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 324.32 Td (\(135.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 324.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 309.27 Td (Gains on debt modification and extinguishment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 309.27 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 309.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 294.27 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 294.27 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 294.32 Td (\(18.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 294.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 279.32 Td (\(514.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 279.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 279.32 Td (\(842.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 279.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 264.27 Td (Loss before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 264.32 Td (\(321.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 264.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 264.32 Td (\(541.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 264.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 249.27 Td (Income tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 249.27 Td (91.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 249.27 Td (163.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 234.27 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.50 234.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 234.32 Td (\(229.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 234.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 234.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 234.32 Td (\(377.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 234.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-14) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.55 689.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 119.70 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 132.20 689.10 Td (major ) Tj ET Q q 0 0 0 rg BT 158.02 689.10 Td (category ) Tj ET Q q 0 0 0 rg BT 194.95 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 204.12 689.10 Td (set ) Tj ET Q q 0 0 0 rg BT 217.72 689.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 239.66 689.10 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 50.00 643.60 287.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 337.00 643.60 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 598.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 598.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 598.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 598.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 598.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 598.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 598.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 598.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 568.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 568.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 568.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 568.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 568.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 568.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 568.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 568.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 538.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 538.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 538.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 538.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 538.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 538.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 538.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 538.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 508.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 508.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 508.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 508.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 508.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 478.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 478.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 478.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 478.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 478.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 478.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 478.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 478.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 448.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 448.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 448.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 448.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 448.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 418.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 418.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 418.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 418.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 418.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 388.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 388.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 388.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 388.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 388.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 358.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 358.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 358.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 358.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 358.60 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 655.6 m 389 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 655.6 m 393 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 655.6 m 445 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 655.6 m 504 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 655.6 m 508 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 655.6 m 563 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 655.6 m 389 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 643.6 m 389 643.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 655.6 m 445 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 643.6 m 445 643.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 643.6 m 504 643.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 643.6 m 563 643.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 568.6 m 389 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 568.6 m 445 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 568.6 m 389 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 553.6 m 389 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 568.6 m 445 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 553.6 m 445 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 568.6 m 504 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 553.6 m 504 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 568.6 m 563 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 553.6 m 563 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 508.6 m 389 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 508.6 m 445 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 508.6 m 504 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 508.6 m 389 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 493.6 m 389 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 508.6 m 445 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 493.6 m 445 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 508.6 m 504 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 493.6 m 504 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 508.6 m 563 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 493.6 m 563 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 448.6 m 389 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 448.6 m 445 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 448.6 m 504 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 448.6 m 563 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 448.6 m 389 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 433.6 m 389 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 448.6 m 445 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 433.6 m 445 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 448.6 m 504 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 433.6 m 504 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 448.6 m 563 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 433.6 m 563 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 388.6 m 389 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 388.6 m 445 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 388.6 m 389 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 373.6 m 389 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 388.6 m 445 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 373.6 m 445 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 388.6 m 504 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 373.6 m 504 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 388.6 m 563 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 373.6 m 563 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 373.6 m 389 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 358.6 m 389 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 373.6 m 445 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 358.6 m 445 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 358.6 m 504 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 358.6 m 563 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 344.6 m 389 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 342.6 m 389 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 358.6 m 445 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 344.6 m 445 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 342.6 m 445 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 358.6 m 504 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 344.6 m 504 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 342.6 m 504 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 358.6 m 563 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 344.6 m 563 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 342.6 m 563 342.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 660.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.95 669.05 Td (Y) Tj ET Q q 0 0 0 rg BT 374.95 669.05 Td (ear) Tj ET Q q 0 0 0 rg BT 386.86 669.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.30 660.05 Td (December) Tj ET Q q 0 0 0 rg BT 403.19 660.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.80 660.05 Td (Incr) Tj ET Q q 0 0 0 rg BT 485.22 660.05 Td (ease \(decr) Tj ET Q q 0 0 0 rg BT 523.28 660.05 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 647.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.50 647.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.10 647.00 Td (2016 \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.75 647.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.50 647.00 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.60 633.05 Td (in millions, except % amounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.95 618.05 Td (pr) Tj ET Q q 0 0 0 rg BT 407.79 618.05 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 604.17 Td (Consumer cable revenue \(b\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 589.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.50 588.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 588.27 Td (2,042.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 588.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 588.27 Td (2,089.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 588.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 588.32 Td (\(46.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 588.27 Td (\(2.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 588.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 574.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 573.27 Td (26.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 573.27 Td (32.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 573.32 Td (\(6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 573.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.95 573.27 Td (\(18.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 573.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 559.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 559.17 Td (otal consumer cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 558.27 Td (2,069.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 558.27 Td (2,122.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 558.32 Td (\(53.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 558.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 558.27 Td (\(2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 558.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 544.17 Td (Consumer mobile revenue \(c\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 529.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 528.27 Td (744.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 528.27 Td (808.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 528.32 Td (\(64.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 528.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 528.27 Td (\(7.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 528.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 514.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 513.27 Td (128.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 513.27 Td (137.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 513.32 Td (\(9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 513.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 513.27 Td (\(6.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 513.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 499.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 499.17 Td (otal consumer mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 498.27 Td (873.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 498.27 Td (946.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 498.32 Td (\(73.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 498.27 Td (\(7.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 498.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 484.17 Td (B2B cable revenue \(d\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 469.17 Td (Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 468.27 Td (376.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 468.27 Td (321.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 468.27 Td (55.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 468.27 Td (17.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 468.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 454.17 Td (Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 453.27 Td (25.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 453.27 Td (27.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 453.32 Td (\(2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 453.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 453.27 Td (\(9.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 453.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 439.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.26 439.17 Td (otal B2B cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 438.27 Td (401.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 438.27 Td (348.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 438.27 Td (53.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 438.27 Td (15.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 438.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 424.17 Td (B2B mobile revenue \(e\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 409.17 Td (Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 408.27 Td (526.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 408.27 Td (607.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 408.32 Td (\(80.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.95 408.27 Td (\(13.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 408.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 394.17 Td (Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 393.27 Td (77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 393.27 Td (82.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 393.32 Td (\(4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 393.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 393.27 Td (\(5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 393.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 379.17 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 379.17 Td (otal B2B mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 378.27 Td (604.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 378.27 Td (689.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 378.32 Td (\(85.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 378.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.95 378.27 Td (\(12.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 378.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 364.17 Td (Other revenue \(f\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 363.27 Td (46.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 363.27 Td (39.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 363.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 363.27 Td (16.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 363.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 349.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 349.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.50 348.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 348.27 Td (3,995.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 348.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 348.27 Td (4,146.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 348.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.30 348.32 Td (\(151.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 348.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 348.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 348.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 308.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 85.76 308.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 114.69 308.10 Td (April ) Tj ET Q q 0 0 0 rg BT 138.01 308.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 147.73 308.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 172.45 308.10 Td (we ) Tj ET Q q 0 0 0 rg BT 186.32 308.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 221.86 308.10 Td (the ) Tj ET Q q 0 0 0 rg BT 236.29 308.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 279.04 308.10 Td (that ) Tj ET Q q 0 0 0 rg BT 296.25 308.10 Td (we ) Tj ET Q q 0 0 0 rg BT 310.13 308.10 Td (present ) Tj ET Q q 0 0 0 rg BT 341.22 308.10 Td (in ) Tj ET Q q 0 0 0 rg BT 351.22 308.10 Td (this ) Tj ET Q q 0 0 0 rg BT 367.88 308.10 Td (table ) Tj ET Q q 0 0 0 rg BT 389.53 308.10 Td (in ) Tj ET Q q 0 0 0 rg BT 399.53 308.10 Td (order ) Tj ET Q q 0 0 0 rg BT 422.84 308.10 Td (to ) Tj ET Q q 0 0 0 rg BT 432.84 308.10 Td (align ) Tj ET Q q 0 0 0 rg BT 455.05 308.10 Td (with ) Tj ET Q q 0 0 0 rg BT 475.04 308.10 Td (our ) Tj ET Q q 0 0 0 rg BT 490.59 308.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 523.35 308.10 Td (reporting. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 296.10 Td (These ) Tj ET Q q 0 0 0 rg BT 102.88 296.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 137.58 296.10 Td (were ) Tj ET Q q 0 0 0 rg BT 159.51 296.10 Td (retroactively ) Tj ET Q q 0 0 0 rg BT 212.54 296.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 250.01 296.10 Td (for ) Tj ET Q q 0 0 0 rg BT 264.17 296.10 Td (all ) Tj ET Q q 0 0 0 rg BT 276.67 296.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 308.60 296.10 Td (presented) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 272.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 122.55 272.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 148.58 272.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 185.16 272.10 Td (is ) Tj ET Q q 0 0 0 rg BT 196.77 272.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 239.47 272.10 Td (as ) Tj ET Q q 0 0 0 rg BT 252.74 272.10 Td (either ) Tj ET Q q 0 0 0 rg BT 280.44 272.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 334.27 272.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 370.85 272.10 Td (or ) Tj ET Q q 0 0 0 rg BT 384.12 272.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 456.28 272.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 495.36 272.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 541.41 272.10 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 260.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 127.86 260.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 161.99 260.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 197.79 260.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 231.91 260.10 Td (from ) Tj ET Q q 0 0 0 rg BT 253.83 260.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 301.29 260.10 Td (for ) Tj ET Q q 0 0 0 rg BT 315.43 260.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 350.69 260.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 377.88 260.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 422.56 260.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 458.08 260.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.00 260.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 499.13 260.10 Td (services ) Tj ET Q q 0 0 0 rg BT 533.82 260.10 Td (of) Tj ET Q q 0 0 0 rg BT 541.96 260.10 Td (fered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 248.10 Td (to ) Tj ET Q q 0 0 0 rg BT 86.80 248.10 Td (residential ) Tj ET Q q 0 0 0 rg BT 130.97 248.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 176.54 248.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 220.17 248.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 243.79 248.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 313.53 248.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 347.69 248.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 386.04 248.10 Td (among ) Tj ET Q q 0 0 0 rg BT 415.78 248.10 Td (other ) Tj ET Q q 0 0 0 rg BT 438.85 248.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 465.54 248.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 512.50 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 529.46 248.10 Td (late ) Tj ET Q q 0 0 0 rg BT 546.41 248.10 Td (fees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 236.10 Td (and ) Tj ET Q q 0 0 0 rg BT 93.90 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 109.07 236.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 127.58 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 138.87 236.10 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 186.54 236.10 Td (Subscription ) Tj ET Q q 0 0 0 rg BT 240.05 236.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 274.66 236.10 Td (from ) Tj ET Q q 0 0 0 rg BT 297.06 236.10 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 345.01 236.10 Td (who ) Tj ET Q q 0 0 0 rg BT 365.19 236.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 403.68 236.10 Td (bundled ) Tj ET Q q 0 0 0 rg BT 438.86 236.10 Td (services ) Tj ET Q q 0 0 0 rg BT 474.02 236.10 Td (at ) Tj ET Q q 0 0 0 rg BT 484.20 236.10 Td (a ) Tj ET Q q 0 0 0 rg BT 491.60 236.10 Td (discounted ) Tj ET Q q 0 0 0 rg BT 537.88 236.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 555.83 236.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 224.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 116.79 224.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 155.96 224.10 Td (proportionally ) Tj ET Q q 0 0 0 rg BT 216.25 224.10 Td (to ) Tj ET Q q 0 0 0 rg BT 227.12 224.10 Td (each ) Tj ET Q q 0 0 0 rg BT 248.51 224.10 Td (service ) Tj ET Q q 0 0 0 rg BT 279.91 224.10 Td (based ) Tj ET Q q 0 0 0 rg BT 305.77 224.10 Td (on ) Tj ET Q q 0 0 0 rg BT 318.85 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.15 224.10 Td (standalone ) Tj ET Q q 0 0 0 rg BT 380.00 224.10 Td (price ) Tj ET Q q 0 0 0 rg BT 403.06 224.10 Td (for ) Tj ET Q q 0 0 0 rg BT 417.81 224.10 Td (each ) Tj ET Q q 0 0 0 rg BT 439.21 224.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 482.84 224.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 516.06 224.10 Td (As ) Tj ET Q q 0 0 0 rg BT 530.26 224.10 Td (a ) Tj ET Q q 0 0 0 rg BT 537.78 224.10 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 212.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 110.78 212.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.64 212.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.94 212.10 Td (standalone ) Tj ET Q q 0 0 0 rg BT 179.78 212.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 210.18 212.10 Td (of ) Tj ET Q q 0 0 0 rg BT 220.59 212.10 Td (our ) Tj ET Q q 0 0 0 rg BT 235.99 212.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 259.17 212.10 Td (and ) Tj ET Q q 0 0 0 rg BT 275.68 212.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 305.53 212.10 Td (products ) Tj ET Q q 0 0 0 rg BT 342.05 212.10 Td (or ) Tj ET Q q 0 0 0 rg BT 352.46 212.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.75 212.10 Td (composition ) Tj ET Q q 0 0 0 rg BT 418.27 212.10 Td (of ) Tj ET Q q 0 0 0 rg BT 428.68 212.10 Td (bundles ) Tj ET Q q 0 0 0 rg BT 461.87 212.10 Td (can ) Tj ET Q q 0 0 0 rg BT 477.82 212.10 Td (contribute ) Tj ET Q q 0 0 0 rg BT 520.44 212.10 Td (to ) Tj ET Q q 0 0 0 rg BT 530.30 212.10 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 200.10 Td (in ) Tj ET Q q 0 0 0 rg BT 86.78 200.10 Td (our ) Tj ET Q q 0 0 0 rg BT 102.61 200.10 Td (product ) Tj ET Q q 0 0 0 rg BT 135.66 200.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 169.80 200.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 212.83 200.10 Td (from ) Tj ET Q q 0 0 0 rg BT 234.77 200.10 Td (period ) Tj ET Q q 0 0 0 rg BT 262.82 200.10 Td (to ) Tj ET Q q 0 0 0 rg BT 273.10 200.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 176.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 119.74 176.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 149.65 176.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 183.43 176.10 Td (is ) Tj ET Q q 0 0 0 rg BT 192.24 176.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 232.14 176.10 Td (as ) Tj ET Q q 0 0 0 rg BT 242.60 176.10 Td (either ) Tj ET Q q 0 0 0 rg BT 267.50 176.10 Td (service ) Tj ET Q q 0 0 0 rg BT 297.95 176.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 331.73 176.10 Td (or ) Tj ET Q q 0 0 0 rg BT 342.20 176.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 390.98 176.10 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 427.26 176.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 470.50 176.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 500.41 176.10 Td (service ) Tj ET Q q 0 0 0 rg BT 530.86 176.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 164.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 112.80 164.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 147.43 164.10 Td (from ) Tj ET Q q 0 0 0 rg BT 169.84 164.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 205.60 164.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 236.35 164.10 Td (and ) Tj ET Q q 0 0 0 rg BT 253.77 164.10 Td (data ) Tj ET Q q 0 0 0 rg BT 273.40 164.10 Td (services ) Tj ET Q q 0 0 0 rg BT 308.59 164.10 Td (of) Tj ET Q q 0 0 0 rg BT 316.74 164.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 340.25 164.10 Td (under ) Tj ET Q q 0 0 0 rg BT 366.00 164.10 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 402.87 164.10 Td (and ) Tj ET Q q 0 0 0 rg BT 420.28 164.10 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 453.25 164.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 510.09 164.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.85 164.10 Td (residential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 152.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 121.99 152.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 165.53 152.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.75 152.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 244.83 152.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 278.91 152.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 317.18 152.10 Td (among ) Tj ET Q q 0 0 0 rg BT 346.83 152.10 Td (other ) Tj ET Q q 0 0 0 rg BT 369.82 152.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 396.42 152.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 448.28 152.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 484.87 152.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 515.08 152.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 548.06 152.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 140.10 Td (accessories ) Tj ET Q q 0 0 0 rg BT 123.98 140.10 Td (sales, ) Tj ET Q q 0 0 0 rg BT 148.41 140.10 Td (activation ) Tj ET Q q 0 0 0 rg BT 190.34 140.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 211.44 140.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.38 140.10 Td (late ) Tj ET Q q 0 0 0 rg BT 245.31 140.10 Td (fees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.10 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 116.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.84 116.10 Td ( ) Tj ET Q q 0 0 0 rg BT 96.79 116.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 119.83 116.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 153.42 116.10 Td (is ) Tj ET Q q 0 0 0 rg BT 162.04 116.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 201.75 116.10 Td (as ) Tj ET Q q 0 0 0 rg BT 212.03 116.10 Td (either ) Tj ET Q q 0 0 0 rg BT 236.74 116.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 287.57 116.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 321.16 116.10 Td (or ) Tj ET Q q 0 0 0 rg BT 331.44 116.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 400.61 116.10 Td (revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.70 116.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.04 116.10 Td ( ) Tj ET Q q 0 0 0 rg BT 456.99 116.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 480.03 116.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 530.86 116.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 104.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 111.63 104.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 145.07 104.10 Td (from ) Tj ET Q q 0 0 0 rg BT 166.31 104.10 Td (business ) Tj ET Q q 0 0 0 rg BT 202.01 104.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 246.02 104.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 280.86 104.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 307.38 104.10 Td (voice, ) Tj ET Q q 0 0 0 rg BT 333.34 104.10 Td (and ) Tj ET Q q 0 0 0 rg BT 349.58 104.10 Td (data ) Tj ET Q q 0 0 0 rg BT 368.03 104.10 Td (services ) Tj ET Q q 0 0 0 rg BT 402.04 104.10 Td (of) Tj ET Q q 0 0 0 rg BT 410.19 104.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 432.53 104.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.11 104.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.34 104.10 Td ( ) Tj ET Q q 0 0 0 rg BT 471.14 104.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 513.49 104.10 Td (and ) Tj ET Q q 0 0 0 rg BT 529.73 104.10 Td (medium ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 92.10 Td (to ) Tj ET Q q 0 0 0 rg BT 87.94 92.10 Td (lar) Tj ET Q q 0 0 0 rg BT 98.31 92.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 111.42 92.10 Td (enterprises. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.90 92.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.24 92.10 Td ( ) Tj ET Q q 0 0 0 rg BT 182.90 92.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 207.66 92.10 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 278.54 92.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 313.86 92.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 353.35 92.10 Td (among ) Tj ET Q q 0 0 0 rg BT 384.23 92.10 Td (other ) Tj ET Q q 0 0 0 rg BT 408.44 92.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 436.27 92.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 471.59 92.10 Td (from ) Tj ET Q q 0 0 0 rg BT 494.69 92.10 Td (hosting ) Tj ET Q q 0 0 0 rg BT 527.80 92.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 80.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 123.44 80.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 144.54 80.10 Td (carriage ) Tj ET Q q 0 0 0 rg BT 179.23 80.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 200.33 80.10 Td (and ) Tj ET Q q 0 0 0 rg BT 217.27 80.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 269.19 80.10 Td (revenue. ) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 713.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.84 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 97.60 713.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 128.14 713.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 162.55 713.10 Td (is ) Tj ET Q q 0 0 0 rg BT 171.99 713.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 212.52 713.10 Td (as ) Tj ET Q q 0 0 0 rg BT 223.61 713.10 Td (either ) Tj ET Q q 0 0 0 rg BT 249.14 713.10 Td (service ) Tj ET Q q 0 0 0 rg BT 280.22 713.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 314.63 713.10 Td (or ) Tj ET Q q 0 0 0 rg BT 325.73 713.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 375.14 713.10 Td (revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.05 713.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.39 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 433.15 713.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.69 713.10 Td (service ) Tj ET Q q 0 0 0 rg BT 494.77 713.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 529.18 713.10 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 701.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.73 701.10 Td (from ) Tj ET Q q 0 0 0 rg BT 132.76 701.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 168.13 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 198.49 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.51 701.10 Td (data ) Tj ET Q q 0 0 0 rg BT 234.76 701.10 Td (services ) Tj ET Q q 0 0 0 rg BT 269.55 701.10 Td (of) Tj ET Q q 0 0 0 rg BT 277.70 701.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 300.83 701.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.19 701.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.42 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.01 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.03 701.10 Td (medium ) Tj ET Q q 0 0 0 rg BT 393.39 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 403.76 701.10 Td (lar) Tj ET Q q 0 0 0 rg BT 414.13 701.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 426.15 701.10 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 468.17 701.10 Td (customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 701.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.14 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 534.73 701.10 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 689.10 Td (non-service ) Tj ET Q q 0 0 0 rg BT 126.01 689.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 160.53 689.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 199.22 689.10 Td (among ) Tj ET Q q 0 0 0 rg BT 229.31 689.10 Td (other ) Tj ET Q q 0 0 0 rg BT 252.72 689.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 279.76 689.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 332.04 689.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 369.06 689.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 399.70 689.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 433.12 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.42 689.10 Td (accessories ) Tj ET Q q 0 0 0 rg BT 498.27 689.10 Td (sales, ) Tj ET Q q 0 0 0 rg BT 523.07 689.10 Td (activation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 677.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 97.60 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 114.54 677.10 Td (late ) Tj ET Q q 0 0 0 rg BT 131.47 677.10 Td (fees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (\(f\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 653.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.39 653.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.15 653.10 Td (includes, ) Tj ET Q q 0 0 0 rg BT 173.09 653.10 Td (among ) Tj ET Q q 0 0 0 rg BT 202.42 653.10 Td (other ) Tj ET Q q 0 0 0 rg BT 225.09 653.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 251.37 653.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 307.92 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 324.47 653.10 Td (advertising ) Tj ET Q q 0 0 0 rg BT 371.02 653.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 404.79 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.34 653.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 455.10 653.10 Td (related ) Tj ET Q q 0 0 0 rg BT 484.42 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 494.32 653.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 523.64 653.10 Td (personnel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 641.10 Td (services ) Tj ET Q q 0 0 0 rg BT 111.21 641.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 149.25 641.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.35 641.10 Td (V) Tj ET Q q 0 0 0 rg BT 165.28 641.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.49 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 199.99 641.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.93 641.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 248.86 641.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.08 641.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 84.80 617.10 Td (details ) Tj ET Q q 0 0 0 rg BT 112.65 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 122.73 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.70 617.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 176.76 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 186.28 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 201.36 617.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 234.76 617.10 Td (during ) Tj ET Q q 0 0 0 rg BT 262.62 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 276.59 617.10 Td (year ) Tj ET Q q 0 0 0 rg BT 295.54 617.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 321.17 617.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 379.01 617.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 403.26 617.10 Td (as ) Tj ET Q q 0 0 0 rg BT 413.34 617.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 454.51 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 464.04 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.01 617.10 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 536.97 617.10 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.78 605.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.78 605.10 Td (, ) Tj ET Q q 0 0 0 rg BT 84.78 605.10 Td (are ) Tj ET Q q 0 0 0 rg BT 99.49 605.10 Td (set ) Tj ET Q q 0 0 0 rg BT 113.09 605.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 135.03 605.10 Td (below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 482.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 482.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 482.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 482.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 452.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 452.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 452.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 452.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 422.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 422.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 422.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 422.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 392.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 392.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 392.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 392.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 362.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 362.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 362.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 362.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 362.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 362.60 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 579.6 m 442 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 579.6 m 446 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 579.6 m 502 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 579.6 m 506 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 579.6 m 563 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 522.6 m 442 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 522.6 m 502 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 522.6 m 563 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 522.6 m 442 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 437.6 m 442 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 437.6 m 502 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 437.6 m 563 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 362.6 m 442 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 362.6 m 502 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 362.6 m 563 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 362.6 m 442 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 348.6 m 442 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 346.6 m 442 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 362.6 m 502 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 348.6 m 502 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 346.6 m 502 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 362.6 m 563 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 348.6 m 563 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 346.6 m 563 346.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.20 584.05 Td (Pr) Tj ET Q q 0 0 0 rg BT 463.61 584.05 Td (o forma) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.95 548.60 Td (Subscription) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 537.80 Td (/Service) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.30 527.05 Td (r) Tj ET Q q 0 0 0 rg BT 402.21 527.05 Td (evenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.95 570.20 Td (Non-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.70 559.40 Td (subscription) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.60 548.65 Td (/ Non-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 537.80 Td (service) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.30 527.05 Td (r) Tj ET Q q 0 0 0 rg BT 462.13 527.05 Td (evenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.15 527.05 Td (T) Tj ET Q q 0 0 0 rg BT 529.74 527.05 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.85 512.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 497.27 Td (Pro forma increase \(decrease\) in consumer cable subscription revenue due to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 487.27 Td (change in:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 472.27 Td (A) Tj ET Q q 0 0 0 rg BT 65.35 472.27 Td (verage number of RGUs \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 472.32 Td (\(9.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.50 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 472.32 Td (\(9.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 457.27 Td (ARPU \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 457.32 Td (\(37.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 457.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 457.32 Td (\(37.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 457.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 442.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 442.27 Td (otal decrease in consumer cable non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 442.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 442.32 Td (\(6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 442.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 442.32 Td (\(6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 442.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 427.27 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 427.27 Td (otal pro forma decrease in cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 427.32 Td (\(46.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 427.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 427.32 Td (\(6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 427.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 427.32 Td (\(53.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 427.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 412.27 Td (Decrease in consumer mobile revenue \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 412.32 Td (\(64.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 412.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 412.32 Td (\(9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 412.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 412.32 Td (\(73.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 412.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 397.27 Td (Increase \(decrease\) in B2B cable revenue \(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 397.27 Td (55.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 397.32 Td (\(2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 397.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 397.27 Td (53.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 382.27 Td (Decrease in B2B mobile revenue \(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 382.32 Td (\(80.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 382.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 382.32 Td (\(4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 382.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 382.32 Td (\(85.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 382.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 367.27 Td (Increase in other revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 367.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 367.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 367.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 352.27 Td (T) Tj ET Q q 0 0 0 rg BT 71.41 352.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 352.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 352.32 Td (\(135.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 352.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.50 352.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 352.32 Td (\(16.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 352.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 352.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 352.32 Td (\(151.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 352.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 312.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.92 312.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 132.21 312.10 Td (in ) Tj ET Q q 0 0 0 rg BT 142.86 312.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 184.62 312.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 208.58 312.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 260.35 312.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 294.87 312.10 Td (related ) Tj ET Q q 0 0 0 rg BT 324.94 312.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.60 312.10 Td (a ) Tj ET Q q 0 0 0 rg BT 342.91 312.10 Td (change ) Tj ET Q q 0 0 0 rg BT 374.10 312.10 Td (in ) Tj ET Q q 0 0 0 rg BT 384.75 312.10 Td (the ) Tj ET Q q 0 0 0 rg BT 399.85 312.10 Td (average ) Tj ET Q q 0 0 0 rg BT 433.81 312.10 Td (number ) Tj ET Q q 0 0 0 rg BT 467.23 312.10 Td (of ) Tj ET Q q 0 0 0 rg BT 478.43 312.10 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 506.31 312.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 554.72 312.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 300.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.14 300.10 Td (net ) Tj ET Q q 0 0 0 rg BT 107.78 300.10 Td (ef) Tj ET Q q 0 0 0 rg BT 115.37 300.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 133.78 300.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.54 300.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 158.40 300.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 200.13 300.10 Td (in ) Tj ET Q q 0 0 0 rg BT 211.34 300.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.98 300.10 Td (average ) Tj ET Q q 0 0 0 rg BT 261.49 300.10 Td (number ) Tj ET Q q 0 0 0 rg BT 295.46 300.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.22 300.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 331.19 300.10 Td (video ) Tj ET Q q 0 0 0 rg BT 356.83 300.10 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 385.26 300.10 Td (and ) Tj ET Q q 0 0 0 rg BT 403.12 300.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 418.77 300.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 458.84 300.10 Td (in ) Tj ET Q q 0 0 0 rg BT 470.04 300.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.68 300.10 Td (average ) Tj ET Q q 0 0 0 rg BT 520.19 300.10 Td (number ) Tj ET Q q 0 0 0 rg BT 554.16 300.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 288.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 121.21 288.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 154.25 288.10 Td (and ) Tj ET Q q 0 0 0 rg BT 171.19 288.10 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 211.44 288.10 Td (video ) Tj ET Q q 0 0 0 rg BT 236.16 288.10 Td (RGUs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 264.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.21 264.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 130.79 264.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.74 264.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 181.78 264.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 205.04 264.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 256.09 264.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 289.90 264.10 Td (related ) Tj ET Q q 0 0 0 rg BT 319.27 264.10 Td (to ) Tj ET Q q 0 0 0 rg BT 329.21 264.10 Td (a ) Tj ET Q q 0 0 0 rg BT 335.82 264.10 Td (change ) Tj ET Q q 0 0 0 rg BT 366.30 264.10 Td (in ) Tj ET Q q 0 0 0 rg BT 375.76 264.10 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 404.60 264.10 Td (during ) Tj ET Q q 0 0 0 rg BT 432.88 264.10 Td (the ) Tj ET Q q 0 0 0 rg BT 447.26 264.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 469.43 264.10 Td (is ) Tj ET Q q 0 0 0 rg BT 478.26 264.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 525.96 264.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.91 264.10 Td (the ) Tj ET Q q 0 0 0 rg BT 550.29 264.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 252.10 Td (ef) Tj ET Q q 0 0 0 rg BT 84.09 252.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 101.68 252.10 Td (of ) Tj ET Q q 0 0 0 rg BT 112.62 252.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 124.66 252.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 149.46 252.10 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 178.75 252.10 Td (from ) Tj ET Q q 0 0 0 rg BT 200.79 252.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 223.95 252.10 Td (video ) Tj ET Q q 0 0 0 rg BT 248.77 252.10 Td (services ) Tj ET Q q 0 0 0 rg BT 283.59 252.10 Td (and ) Tj ET Q q 0 0 0 rg BT 300.63 252.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 342.11 252.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 384.15 252.10 Td (services ) Tj ET Q q 0 0 0 rg BT 418.97 252.10 Td (and ) Tj ET Q q 0 0 0 rg BT 436.01 252.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 450.84 252.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 478.42 252.10 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 507.70 252.10 Td (from ) Tj ET Q q 0 0 0 rg BT 529.74 252.10 Td (enhance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 240.10 Td (video ) Tj ET Q q 0 0 0 rg BT 101.22 240.10 Td (services ) Tj ET Q q 0 0 0 rg BT 135.92 240.10 Td (and ) Tj ET Q q 0 0 0 rg BT 152.86 240.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 197.57 240.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 230.61 240.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 216.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 216.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.52 216.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.40 216.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.65 216.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 183.00 216.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 213.24 216.10 Td (service ) Tj ET Q q 0 0 0 rg BT 244.03 216.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 278.15 216.10 Td (is ) Tj ET Q q 0 0 0 rg BT 287.29 216.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 326.97 216.10 Td (due ) Tj ET Q q 0 0 0 rg BT 343.88 216.10 Td (to ) Tj ET Q q 0 0 0 rg BT 354.13 216.10 Td (the ) Tj ET Q q 0 0 0 rg BT 368.81 216.10 Td (net ) Tj ET Q q 0 0 0 rg BT 383.50 216.10 Td (ef) Tj ET Q q 0 0 0 rg BT 391.09 216.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 408.55 216.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.35 216.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 431.26 216.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.95 216.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.62 216.10 Td (, ) Tj ET Q q 0 0 0 rg BT 487.60 216.10 Td (which ) Tj ET Q q 0 0 0 rg BT 514.50 216.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 550.30 216.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 204.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 105.21 204.10 Td (of ) Tj ET Q q 0 0 0 rg BT 115.03 204.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 139.30 204.10 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 175.78 204.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 210.60 204.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 243.74 204.10 Td (and ) Tj ET Q q 0 0 0 rg BT 259.67 204.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 289.50 204.10 Td (in ) Tj ET Q q 0 0 0 rg BT 298.77 204.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.49 204.10 Td (number ) Tj ET Q q 0 0 0 rg BT 344.53 204.10 Td (of ) Tj ET Q q 0 0 0 rg BT 354.35 204.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 396.40 204.10 Td (under ) Tj ET Q q 0 0 0 rg BT 420.66 204.10 Td (SIM-only ) Tj ET Q q 0 0 0 rg BT 461.05 204.10 Td (\(Subscriber ) Tj ET Q q 0 0 0 rg BT 508.64 204.10 Td (Identification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 192.10 Td (Module\) ) Tj ET Q q 0 0 0 rg BT 112.41 192.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 149.98 192.10 Td (and ) Tj ET Q q 0 0 0 rg BT 165.89 192.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 179.59 192.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 217.71 192.10 Td (in ) Tj ET Q q 0 0 0 rg BT 226.96 192.10 Td (the ) Tj ET Q q 0 0 0 rg BT 240.65 192.10 Td (average ) Tj ET Q q 0 0 0 rg BT 273.21 192.10 Td (number ) Tj ET Q q 0 0 0 rg BT 305.23 192.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.04 192.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 344.28 192.10 Td (subscribers.) Tj ET Q q 0 0 0 rg BT 394.09 192.10 Td (The ) Tj ET Q q 0 0 0 rg BT 411.11 192.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 450.35 192.10 Td (in ) Tj ET Q q 0 0 0 rg BT 459.61 192.10 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 496.07 192.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 530.87 192.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 180.10 Td (is ) Tj ET Q q 0 0 0 rg BT 86.20 180.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 126.45 180.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 175.02 180.10 Td (to ) Tj ET Q q 0 0 0 rg BT 185.84 180.10 Td (competitive ) Tj ET Q q 0 0 0 rg BT 236.08 180.10 Td (pressures ) Tj ET Q q 0 0 0 rg BT 276.32 180.10 Td (to ) Tj ET Q q 0 0 0 rg BT 287.14 180.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 316.82 180.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 353.18 180.10 Td (char) Tj ET Q q 0 0 0 rg BT 370.20 180.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 386.57 180.10 Td (in ) Tj ET Q q 0 0 0 rg BT 397.38 180.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 433.17 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 444.53 180.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 479.78 180.10 Td (in ) Tj ET Q q 0 0 0 rg BT 490.59 180.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 538.06 180.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 168.10 Td (became ) Tj ET Q q 0 0 0 rg BT 109.06 168.10 Td (ef) Tj ET Q q 0 0 0 rg BT 116.64 168.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 145.87 168.10 Td (on ) Tj ET Q q 0 0 0 rg BT 157.89 168.10 Td (June ) Tj ET Q q 0 0 0 rg BT 178.24 168.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 192.77 168.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 217.29 168.10 Td (For ) Tj ET Q q 0 0 0 rg BT 233.20 168.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 275.22 168.10 Td (information ) Tj ET Q q 0 0 0 rg BT 324.45 168.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 364.79 168.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 399.02 168.10 Td (in ) Tj ET Q q 0 0 0 rg BT 408.82 168.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 455.28 168.10 Td (related ) Tj ET Q q 0 0 0 rg BT 484.50 168.10 Td (to ) Tj ET Q q 0 0 0 rg BT 494.31 168.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 529.65 168.10 Td (char) Tj ET Q q 0 0 0 rg BT 546.68 168.10 Td (ges, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 156.10 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 91.77 156.10 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.08 156.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.58 156.10 Td (above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.10 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 132.10 Td (The ) Tj ET Q q 0 0 0 rg BT 95.36 132.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 131.43 132.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.53 132.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.87 132.10 Td ( ) Tj ET Q q 0 0 0 rg BT 164.19 132.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 188.60 132.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 240.80 132.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 275.76 132.10 Td (is ) Tj ET Q q 0 0 0 rg BT 285.75 132.10 Td (due ) Tj ET Q q 0 0 0 rg BT 303.51 132.10 Td (to ) Tj ET Q q 0 0 0 rg BT 314.60 132.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.13 132.10 Td (net ) Tj ET Q q 0 0 0 rg BT 345.67 132.10 Td (ef) Tj ET Q q 0 0 0 rg BT 353.26 132.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 375.45 132.10 Td (of ) Tj ET Q q 0 0 0 rg BT 387.10 132.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 399.85 132.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 428.72 132.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 463.68 132.10 Td (from ) Tj ET Q q 0 0 0 rg BT 486.43 132.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 531.96 132.10 Td (internet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 120.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 113.63 120.10 Td (mostly ) Tj ET Q q 0 0 0 rg BT 143.29 120.10 Td (due ) Tj ET Q q 0 0 0 rg BT 160.15 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 170.36 120.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 209.43 120.10 Td (in ) Tj ET Q q 0 0 0 rg BT 219.63 120.10 Td (the ) Tj ET Q q 0 0 0 rg BT 234.28 120.10 Td (average ) Tj ET Q q 0 0 0 rg BT 267.79 120.10 Td (number ) Tj ET Q q 0 0 0 rg BT 300.76 120.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.52 120.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.63 120.10 Td (s ) Tj ET Q q 0 0 0 rg BT 338.95 120.10 Td (and ) Tj ET Q q 0 0 0 rg BT 355.82 120.10 Td (higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.25 120.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.93 120.10 Td ( ) Tj ET Q q 0 0 0 rg BT 412.36 120.10 Td (from ) Tj ET Q q 0 0 0 rg BT 434.22 120.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.98 120.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.20 120.10 Td ( ) Tj ET Q q 0 0 0 rg BT 479.63 120.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 525.10 120.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 539.75 120.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 108.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 109.87 108.10 Td (from ) Tj ET Q q 0 0 0 rg BT 131.04 108.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 171.64 108.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 212.80 108.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 249.23 108.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 288.17 108.10 Td (due ) Tj ET Q q 0 0 0 rg BT 304.34 108.10 Td (to ) Tj ET Q q 0 0 0 rg BT 313.85 108.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 353.88 108.10 Td (in ) Tj ET Q q 0 0 0 rg BT 363.38 108.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 403.98 108.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 445.15 108.10 Td (service ) Tj ET Q q 0 0 0 rg BT 475.19 108.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 508.56 108.10 Td (from ) Tj ET Q q 0 0 0 rg BT 529.73 108.10 Td (medium ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 96.10 Td (and ) Tj ET Q q 0 0 0 rg BT 93.17 96.10 Td (lar) Tj ET Q q 0 0 0 rg BT 103.54 96.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 115.22 96.10 Td (enterprises, ) Tj ET Q q 0 0 0 rg BT 163.27 96.10 Td (and ) Tj ET Q q 0 0 0 rg BT 179.94 96.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 197.17 96.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 236.06 96.10 Td (in ) Tj ET Q q 0 0 0 rg BT 246.07 96.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 279.95 96.10 Td (from ) Tj ET Q q 0 0 0 rg BT 301.63 96.10 Td (video ) Tj ET Q q 0 0 0 rg BT 326.08 96.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 363.02 96.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 402.47 96.10 Td (due ) Tj ET Q q 0 0 0 rg BT 419.15 96.10 Td (to ) Tj ET Q q 0 0 0 rg BT 429.16 96.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 456.94 96.10 Td (average ) Tj ET Q q 0 0 0 rg BT 490.26 96.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 526.94 96.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.51 96.10 Td (RGU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.62 96.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 84.10 Td (and ) Tj ET Q q 0 0 0 rg BT 93.44 84.10 Td (higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.93 84.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.61 84.10 Td ( ) Tj ET Q q 0 0 0 rg BT 150.11 84.10 Td (from ) Tj ET Q q 0 0 0 rg BT 172.05 84.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.88 84.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.10 84.10 Td ( ) Tj ET Q q 0 0 0 rg BT 217.60 84.10 Td (customers. ) Tj ET Q endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.51 713.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.38 713.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.62 713.10 Td (B2B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.96 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 162.42 713.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 192.65 713.10 Td (service ) Tj ET Q q 0 0 0 rg BT 223.43 713.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 257.53 713.10 Td (is ) Tj ET Q q 0 0 0 rg BT 266.66 713.10 Td (due ) Tj ET Q q 0 0 0 rg BT 283.56 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.80 713.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 305.70 713.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.93 713.10 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 360.61 713.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 394.72 713.10 Td (from ) Tj ET Q q 0 0 0 rg BT 416.62 713.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 446.85 713.10 Td (services ) Tj ET Q q 0 0 0 rg BT 481.52 713.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 529.51 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 539.75 713.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 701.10 Td (ARPU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.17 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.54 701.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 148.99 701.10 Td (with ) Tj ET Q q 0 0 0 rg BT 169.13 701.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 212.04 701.10 Td (switching ) Tj ET Q q 0 0 0 rg BT 253.29 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 263.43 701.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 304.67 701.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 334.81 701.10 Td (plans, ) Tj ET Q q 0 0 0 rg BT 360.78 701.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 375.36 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 389.94 701.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 419.51 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 430.20 701.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 455.33 701.10 Td (intra-EU ) Tj ET Q q 0 0 0 rg BT 492.68 701.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 528.37 701.10 Td (revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 93.44 689.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 110.93 689.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 136.20 689.10 Td (out-of-bundle ) Tj ET Q q 0 0 0 rg BT 193.69 689.10 Td (usage.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 665.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 68.13 665.10 Td (ogramming and other dir) Tj ET Q q 0 0 0 rg BT 169.15 665.10 Td (ect costs of services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 641.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.49 641.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 142.37 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.25 641.10 Td (other ) Tj ET Q q 0 0 0 rg BT 182.24 641.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 207.45 641.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 229.89 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 240.66 641.10 Td (service ) Tj ET Q q 0 0 0 rg BT 271.42 641.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 313.28 641.10 Td (49.9 ) Tj ET Q q 0 0 0 rg BT 338.22 641.10 Td (million ) Tj ET Q q 0 0 0 rg BT 369.56 641.10 Td (or ) Tj ET Q q 0 0 0 rg BT 380.33 641.10 Td (5.4% ) Tj ET Q q 0 0 0 rg BT 403.60 641.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 641.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 641.10 Td (, ) Tj ET Q q 0 0 0 rg BT 457.10 641.10 Td (as ) Tj ET Q q 0 0 0 rg BT 467.87 641.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 509.74 641.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.96 641.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.96 641.10 Td (. ) Tj ET Q q 0 0 0 rg BT 544.72 641.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 86.41 629.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 122.24 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.96 629.10 Td (following ) Tj ET Q q 0 0 0 rg BT 178.34 629.10 Td (factors:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 605.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 605.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.44 605.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.12 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.17 605.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 171.21 605.10 Td (access ) Tj ET Q q 0 0 0 rg BT 199.01 605.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.72 605.10 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 267.41 605.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 289.67 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 300.27 605.10 Td (27.1 ) Tj ET Q q 0 0 0 rg BT 325.04 605.10 Td (million ) Tj ET Q q 0 0 0 rg BT 356.20 605.10 Td (or ) Tj ET Q q 0 0 0 rg BT 366.80 605.10 Td (10.7%, ) Tj ET Q q 0 0 0 rg BT 397.40 605.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 436.88 605.10 Td (due ) Tj ET Q q 0 0 0 rg BT 453.58 605.10 Td (to ) Tj ET Q q 0 0 0 rg BT 463.63 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.11 605.10 Td (net ) Tj ET Q q 0 0 0 rg BT 492.60 605.10 Td (ef) Tj ET Q q 0 0 0 rg BT 500.19 605.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 517.44 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 528.04 605.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 539.75 605.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 593.10 Td (MTR ) Tj ET Q q 0 0 0 rg BT 109.59 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 126.45 593.10 Td (FTR ) Tj ET Q q 0 0 0 rg BT 147.21 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 157.96 593.10 Td (31.4 ) Tj ET Q q 0 0 0 rg BT 182.88 593.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 216.69 593.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 231.32 593.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 259.29 593.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 289.48 593.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 325.23 593.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 347.65 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 358.40 593.10 Td (13.7 ) Tj ET Q q 0 0 0 rg BT 383.31 593.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 417.13 593.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 434.54 593.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 459.73 593.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 501.02 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 517.88 593.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 548.07 593.10 Td (call ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 581.10 Td (volumes ) Tj ET Q q 0 0 0 rg BT 122.16 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.27 581.10 Td (1) Tj ET Q q 0 0 0 rg BT 142.90 581.10 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 158.18 581.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 192.35 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 209.56 581.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 226.78 581.10 Td (an ) Tj ET Q q 0 0 0 rg BT 238.99 581.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 274.53 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 285.63 581.10 Td (6.9 ) Tj ET Q q 0 0 0 rg BT 305.91 581.10 Td (million ) Tj ET Q q 0 0 0 rg BT 337.58 581.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 375.35 581.10 Td (from ) Tj ET Q q 0 0 0 rg BT 397.57 581.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.78 581.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 451.99 581.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 498.65 581.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 536.40 581.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 569.10 Td (first ) Tj ET Q q 0 0 0 rg BT 118.83 569.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 149.64 569.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.47 569.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 182.97 569.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 231.01 569.10 Td (to ) Tj ET Q q 0 0 0 rg BT 241.29 569.10 Td (a ) Tj ET Q q 0 0 0 rg BT 248.22 569.10 Td (change ) Tj ET Q q 0 0 0 rg BT 279.04 569.10 Td (in ) Tj ET Q q 0 0 0 rg BT 289.32 569.10 Td (regulations ) Tj ET Q q 0 0 0 rg BT 336.25 569.10 Td (that ) Tj ET Q q 0 0 0 rg BT 353.75 569.10 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 415.67 569.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 449.81 569.10 Td (roaming ) Tj ET Q q 0 0 0 rg BT 485.64 569.10 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 545.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 545.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.38 545.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.01 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.01 545.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 197.65 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 214.31 545.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 254.85 545.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 277.06 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.60 545.10 Td (17.6 ) Tj ET Q q 0 0 0 rg BT 312.32 545.10 Td (million ) Tj ET Q q 0 0 0 rg BT 343.42 545.10 Td (or ) Tj ET Q q 0 0 0 rg BT 353.97 545.10 Td (5.0%, ) Tj ET Q q 0 0 0 rg BT 379.51 545.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 418.94 545.10 Td (due ) Tj ET Q q 0 0 0 rg BT 435.59 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 445.59 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 460.02 545.10 Td (net ) Tj ET Q q 0 0 0 rg BT 474.45 545.10 Td (ef) Tj ET Q q 0 0 0 rg BT 482.04 545.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 499.24 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 509.78 545.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 521.43 545.10 Td (a ) Tj ET Q q 0 0 0 rg BT 528.09 545.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.29 533.10 Td (10.5 ) Tj ET Q q 0 0 0 rg BT 121.25 533.10 Td (million ) Tj ET Q q 0 0 0 rg BT 152.61 533.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 190.07 533.10 Td (from ) Tj ET Q q 0 0 0 rg BT 211.97 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.65 533.10 Td (reassessment ) Tj ET Q q 0 0 0 rg BT 281.32 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.11 533.10 Td (programming ) Tj ET Q q 0 0 0 rg BT 349.00 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 365.91 533.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 406.69 533.10 Td (accruals, ) Tj ET Q q 0 0 0 rg BT 444.41 533.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 459.09 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 465.99 533.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 502.87 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 513.66 533.10 Td (9.2 ) Tj ET Q q 0 0 0 rg BT 533.62 533.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 521.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 134.10 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 144.95 521.10 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 160.23 521.10 Td (Film ) Tj ET Q q 0 0 0 rg BT 182.18 521.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.18 521.10 Td ( ) Tj ET Q q 0 0 0 rg BT 190.25 521.10 Td (Disposal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.25 521.10 Td (, ) Tj ET Q q 0 0 0 rg BT 230.81 521.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 248.87 521.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 277.48 521.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 300.55 521.10 Td (for ) Tj ET Q q 0 0 0 rg BT 315.28 521.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 345.54 521.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 384.71 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 402.22 521.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 425.83 521.10 Td (content ) Tj ET Q q 0 0 0 rg BT 458.33 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 469.72 521.10 Td (7.6 ) Tj ET Q q 0 0 0 rg BT 490.29 521.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 524.75 521.10 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 509.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 108.00 509.10 Td (related ) Tj ET Q q 0 0 0 rg BT 137.70 509.10 Td (to ) Tj ET Q q 0 0 0 rg BT 147.98 509.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 174.37 509.10 Td (Sport, ) Tj ET Q q 0 0 0 rg BT 201.04 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 217.98 509.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 234.91 509.10 Td (a ) Tj ET Q q 0 0 0 rg BT 241.85 509.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 278.77 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 289.04 509.10 Td (copyright ) Tj ET Q q 0 0 0 rg BT 329.87 509.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 352.37 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 363.20 509.10 Td (6.7 ) Tj ET Q q 0 0 0 rg BT 383.20 509.10 Td (million; ) Tj ET Q q 0 0 0 rg BT 417.37 509.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 485.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 485.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.39 485.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.02 485.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.02 485.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 185.45 485.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 207.67 485.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.21 485.10 Td (7.4 ) Tj ET Q q 0 0 0 rg BT 237.93 485.10 Td (million ) Tj ET Q q 0 0 0 rg BT 269.04 485.10 Td (or ) Tj ET Q q 0 0 0 rg BT 279.59 485.10 Td (2.3%, ) Tj ET Q q 0 0 0 rg BT 305.14 485.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 344.57 485.10 Td (due ) Tj ET Q q 0 0 0 rg BT 361.23 485.10 Td (to ) Tj ET Q q 0 0 0 rg BT 371.22 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 377.88 485.10 Td (14.8 ) Tj ET Q q 0 0 0 rg BT 402.60 485.10 Td (million ) Tj ET Q q 0 0 0 rg BT 433.71 485.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 470.34 485.10 Td (related ) Tj ET Q q 0 0 0 rg BT 499.76 485.10 Td (to ) Tj ET Q q 0 0 0 rg BT 509.76 485.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 534.74 485.10 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 473.10 Td (handset ) Tj ET Q q 0 0 0 rg BT 118.79 473.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 141.52 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 158.70 473.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 180.88 473.10 Td (volumes ) Tj ET Q q 0 0 0 rg BT 217.50 473.10 Td (that ) Tj ET Q q 0 0 0 rg BT 235.24 473.10 Td (was ) Tj ET Q q 0 0 0 rg BT 253.53 473.10 Td (only ) Tj ET Q q 0 0 0 rg BT 274.04 473.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 310.10 473.10 Td (of) Tj ET Q q 0 0 0 rg BT 318.25 473.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 335.43 473.10 Td (by ) Tj ET Q q 0 0 0 rg BT 348.17 473.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 388.66 473.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 411.40 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 422.46 473.10 Td (6.9 ) Tj ET Q q 0 0 0 rg BT 442.70 473.10 Td (million ) Tj ET Q q 0 0 0 rg BT 474.33 473.10 Td (related ) Tj ET Q q 0 0 0 rg BT 504.27 473.10 Td (to ) Tj ET Q q 0 0 0 rg BT 514.79 473.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 543.07 473.10 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.15 461.10 Td (W) Tj ET Q q 0 0 0 rg BT 105.19 461.10 Td (iFi ) Tj ET Q q 0 0 0 rg BT 118.81 461.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 157.39 461.10 Td (extension ) Tj ET Q q 0 0 0 rg BT 198.21 461.10 Td (devices.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 437.10 Td (Other operating expenses) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 161.25 437.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 413.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.79 413.10 Td (other ) Tj ET Q q 0 0 0 rg BT 109.07 413.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 149.57 413.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 188.40 413.10 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.89 413.10 Td (4.4 ) Tj ET Q q 0 0 0 rg BT 249.12 413.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.01 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 280.75 413.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.81 413.10 Td (0.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.64 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 315.38 413.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.22 413.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.22 413.10 Td (, ) Tj ET Q q 0 0 0 rg BT 369.45 413.10 Td (as ) Tj ET Q q 0 0 0 rg BT 380.52 413.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 422.68 413.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.19 413.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.19 413.10 Td (. ) Tj ET Q q 0 0 0 rg BT 458.23 413.10 Td (This ) Tj ET Q q 0 0 0 rg BT 478.74 413.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 514.23 413.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 550.29 413.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (following ) Tj ET Q q 0 0 0 rg BT 90.89 401.10 Td (factors:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 377.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 377.10 Td (An ) Tj ET Q q 0 0 0 rg BT 100.94 377.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 136.91 377.10 Td (in ) Tj ET Q q 0 0 0 rg BT 147.90 377.10 Td (network-related ) Tj ET Q q 0 0 0 rg BT 214.42 377.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 253.73 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.28 377.10 Td (7.5 ) Tj ET Q q 0 0 0 rg BT 285.99 377.10 Td (million ) Tj ET Q q 0 0 0 rg BT 318.10 377.10 Td (or ) Tj ET Q q 0 0 0 rg BT 329.64 377.10 Td (4.2%, ) Tj ET Q q 0 0 0 rg BT 356.19 377.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 396.62 377.10 Td (due ) Tj ET Q q 0 0 0 rg BT 414.27 377.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.26 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 440.70 377.10 Td (net ) Tj ET Q q 0 0 0 rg BT 456.13 377.10 Td (ef) Tj ET Q q 0 0 0 rg BT 463.72 377.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 481.92 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 493.46 377.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 506.12 377.10 Td (an ) Tj ET Q q 0 0 0 rg BT 518.77 377.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 554.74 377.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 365.10 Td (customer) Tj ET Q q 0 0 0 rg BT 121.96 365.10 Td (-based ) Tj ET Q q 0 0 0 rg BT 151.12 365.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 190.28 365.10 Td (such ) Tj ET Q q 0 0 0 rg BT 211.67 365.10 Td (as ) Tj ET Q q 0 0 0 rg BT 223.07 365.10 Td (modem ) Tj ET Q q 0 0 0 rg BT 256.13 365.10 Td (swaps, ) Tj ET Q q 0 0 0 rg BT 286.13 365.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 301.42 365.10 Td (an ) Tj ET Q q 0 0 0 rg BT 313.92 365.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 349.74 365.10 Td (in ) Tj ET Q q 0 0 0 rg BT 360.58 365.10 Td (network ) Tj ET Q q 0 0 0 rg BT 396.41 365.10 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 450.00 365.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 475.57 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.07 365.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 511.13 365.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 536.96 365.10 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 353.10 Td (fees;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 341.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 329.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 329.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.63 329.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.49 329.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.73 329.10 Td (outsourced ) Tj ET Q q 0 0 0 rg BT 188.06 329.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 211.06 329.10 Td (and ) Tj ET Q q 0 0 0 rg BT 227.96 329.10 Td (professional ) Tj ET Q q 0 0 0 rg BT 279.29 329.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 297.84 329.10 Td (of ) Tj ET Q q 0 0 0 rg BT 308.63 329.10 Td (3.8 ) Tj ET Q q 0 0 0 rg BT 328.58 329.10 Td (million ) Tj ET Q q 0 0 0 rg BT 359.93 329.10 Td (or ) Tj ET Q q 0 0 0 rg BT 370.71 329.10 Td (4.0%, ) Tj ET Q q 0 0 0 rg BT 396.50 329.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 436.17 329.10 Td (due ) Tj ET Q q 0 0 0 rg BT 453.06 329.10 Td (to ) Tj ET Q q 0 0 0 rg BT 463.29 329.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 488.52 329.10 Td (call ) Tj ET Q q 0 0 0 rg BT 505.40 329.10 Td (center ) Tj ET Q q 0 0 0 rg BT 532.28 329.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 554.74 329.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 317.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 108.00 317.10 Td (and ) Tj ET Q q 0 0 0 rg BT 124.94 317.10 Td (professional ) Tj ET Q q 0 0 0 rg BT 176.32 317.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 194.91 317.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 230.73 317.10 Td (during ) Tj ET Q q 0 0 0 rg BT 259.34 317.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 281.84 317.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.12 317.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 338.49 317.10 Td (with ) Tj ET Q q 0 0 0 rg BT 358.77 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.48 317.10 Td (JV) Tj ET Q q 0 0 0 rg BT 384.42 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 386.74 317.10 Td (T) Tj ET Q q 0 0 0 rg BT 392.49 317.10 Td (ransaction; ) Tj ET Q q 0 0 0 rg BT 438.86 317.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 293.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 293.10 Td (An ) Tj ET Q q 0 0 0 rg BT 100.27 293.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 135.57 293.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.89 293.10 Td (information ) Tj ET Q q 0 0 0 rg BT 195.65 293.10 Td (technology-related ) Tj ET Q q 0 0 0 rg BT 273.16 293.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 311.81 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 322.69 293.10 Td (2.4 ) Tj ET Q q 0 0 0 rg BT 342.73 293.10 Td (million ) Tj ET Q q 0 0 0 rg BT 374.17 293.10 Td (or ) Tj ET Q q 0 0 0 rg BT 385.05 293.10 Td (42.2%, ) Tj ET Q q 0 0 0 rg BT 415.92 293.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 455.68 293.10 Td (due ) Tj ET Q q 0 0 0 rg BT 472.67 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 482.99 293.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 511.08 293.10 Td (software ) Tj ET Q q 0 0 0 rg BT 548.06 293.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 281.10 Td (other ) Tj ET Q q 0 0 0 rg BT 108.55 281.10 Td (information ) Tj ET Q q 0 0 0 rg BT 158.26 281.10 Td (technology-related ) Tj ET Q q 0 0 0 rg BT 235.72 281.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 258.22 281.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 301.82 281.10 Td (with ) Tj ET Q q 0 0 0 rg BT 322.10 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 336.81 281.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 382.63 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 393.46 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 410.22 281.10 Td (V) Tj ET Q q 0 0 0 rg BT 416.15 281.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 450.86 281.10 Td (platforms.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 257.10 Td (SG&A) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 84.43 257.10 Td ( expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 233.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.37 233.10 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.60 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 114.92 233.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 153.34 233.10 Td (decreased) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 192.76 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.08 233.10 Td (2.6 ) Tj ET Q q 0 0 0 rg BT 214.90 233.10 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 243.79 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.11 233.10 Td (or) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.44 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.76 233.10 Td (0.4%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.59 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.91 233.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.34 233.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.34 233.10 Td (, ) Tj ET Q q 0 0 0 rg BT 333.16 233.10 Td (as ) Tj ET Q q 0 0 0 rg BT 343.81 233.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 385.56 233.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.66 233.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.66 233.10 Td (. ) Tj ET Q q 0 0 0 rg BT 420.48 233.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.35 233.10 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.58 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 467.90 233.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 506.32 233.10 Td (include ) Tj ET Q q 0 0 0 rg BT 538.08 233.10 Td (share-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (based ) Tj ET Q q 0 0 0 rg BT 75.72 221.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 134.72 221.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 172.88 221.10 Td (which ) Tj ET Q q 0 0 0 rg BT 200.77 221.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 243.64 221.10 Td (5.8 ) Tj ET Q q 0 0 0 rg BT 264.59 221.10 Td (million. ) Tj ET Q q 0 0 0 rg BT 299.44 221.10 Td (Excluding ) Tj ET Q q 0 0 0 rg BT 343.99 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.66 221.10 Td (ef) Tj ET Q q 0 0 0 rg BT 367.25 221.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 389.58 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 401.37 221.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 452.02 221.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 511.01 221.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 549.17 221.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 76.73 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 79.23 209.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 117.83 209.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 158.08 209.10 Td (3.2 ) Tj ET Q q 0 0 0 rg BT 178.08 209.10 Td (million ) Tj ET Q q 0 0 0 rg BT 209.48 209.10 Td (or ) Tj ET Q q 0 0 0 rg BT 220.31 209.10 Td (0.5%. ) Tj ET Q q 0 0 0 rg BT 245.96 209.10 Td (This) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.73 209.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.23 209.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 301.49 209.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 337.31 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 352.03 209.10 Td (following ) Tj ET Q q 0 0 0 rg BT 393.42 209.10 Td (factors:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 185.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 185.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 185.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.18 185.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 132.60 185.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.39 185.10 Td (external ) Tj ET Q q 0 0 0 rg BT 178.60 185.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 201.04 185.10 Td (and ) Tj ET Q q 0 0 0 rg BT 218.49 185.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 262.04 185.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 285.05 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 296.38 185.10 Td (28.8 ) Tj ET Q q 0 0 0 rg BT 321.89 185.10 Td (million ) Tj ET Q q 0 0 0 rg BT 353.79 185.10 Td (or ) Tj ET Q q 0 0 0 rg BT 365.13 185.10 Td (9.7%, ) Tj ET Q q 0 0 0 rg BT 391.47 185.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 431.69 185.10 Td (due ) Tj ET Q q 0 0 0 rg BT 449.13 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 459.92 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.14 185.10 Td (net ) Tj ET Q q 0 0 0 rg BT 490.37 185.10 Td (ef) Tj ET Q q 0 0 0 rg BT 497.96 185.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 515.95 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 527.29 185.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 539.73 185.10 Td (lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 173.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 131.03 173.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 153.24 173.10 Td (commissions, ) Tj ET Q q 0 0 0 rg BT 210.74 173.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 225.73 173.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 251.26 173.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 274.03 173.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 317.90 173.10 Td (with ) Tj ET Q q 0 0 0 rg BT 338.45 173.10 Td (advertising ) Tj ET Q q 0 0 0 rg BT 385.65 173.10 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 433.68 173.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.89 173.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 468.66 173.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 496.97 173.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 542.51 173.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 161.10 Td (related ) Tj ET Q q 0 0 0 rg BT 115.20 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.30 161.10 Td (V) Tj ET Q q 0 0 0 rg BT 131.23 161.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 165.94 161.10 Td (rebranding ) Tj ET Q q 0 0 0 rg BT 211.75 161.10 Td (ef) Tj ET Q q 0 0 0 rg BT 219.34 161.10 Td (forts;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 137.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 137.10 Td (An ) Tj ET Q q 0 0 0 rg BT 99.76 137.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.56 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 144.38 137.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 185.30 137.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 207.34 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 217.72 137.10 Td (26.7 ) Tj ET Q q 0 0 0 rg BT 242.26 137.10 Td (million ) Tj ET Q q 0 0 0 rg BT 273.19 137.10 Td (or ) Tj ET Q q 0 0 0 rg BT 283.56 137.10 Td (9.8%, ) Tj ET Q q 0 0 0 rg BT 308.94 137.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 348.19 137.10 Td (due ) Tj ET Q q 0 0 0 rg BT 364.67 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 374.49 137.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 402.08 137.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 440.78 137.10 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 500.86 137.10 Td (pension-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 102.44 125.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 146.03 125.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 187.41 125.10 Td (costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 101.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 101.10 Td (An ) Tj ET Q q 0 0 0 rg BT 99.72 101.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.47 101.10 Td (in ) Tj ET Q q 0 0 0 rg BT 144.25 101.10 Td (outsourced ) Tj ET Q q 0 0 0 rg BT 190.13 101.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 212.67 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 229.11 101.10 Td (professional ) Tj ET Q q 0 0 0 rg BT 279.98 101.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 298.08 101.10 Td (of ) Tj ET Q q 0 0 0 rg BT 308.41 101.10 Td (10.9 ) Tj ET Q q 0 0 0 rg BT 332.91 101.10 Td (million ) Tj ET Q q 0 0 0 rg BT 363.80 101.10 Td (or ) Tj ET Q q 0 0 0 rg BT 374.13 101.10 Td (6.5%, ) Tj ET Q q 0 0 0 rg BT 399.45 101.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 438.67 101.10 Td (due ) Tj ET Q q 0 0 0 rg BT 455.10 101.10 Td (to ) Tj ET Q q 0 0 0 rg BT 464.88 101.10 Td (an ) Tj ET Q q 0 0 0 rg BT 476.32 101.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 511.07 101.10 Td (in ) Tj ET Q q 0 0 0 rg BT 520.85 101.10 Td (consulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 89.10 Td (and ) Tj ET Q q 0 0 0 rg BT 102.44 89.10 Td (audit ) Tj ET Q q 0 0 0 rg BT 124.93 89.10 Td (costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 65.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 65.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 65.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.22 65.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 130.68 65.10 Td (in ) Tj ET Q q 0 0 0 rg BT 140.51 65.10 Td (facilities-related ) Tj ET Q q 0 0 0 rg BT 207.52 65.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 229.57 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.95 65.10 Td (5.6 ) Tj ET Q q 0 0 0 rg BT 259.50 65.10 Td (million ) Tj ET Q q 0 0 0 rg BT 290.44 65.10 Td (or ) Tj ET Q q 0 0 0 rg BT 300.82 65.10 Td (9.8%, ) Tj ET Q q 0 0 0 rg BT 326.20 65.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 365.46 65.10 Td (due ) Tj ET Q q 0 0 0 rg BT 381.95 65.10 Td (to ) Tj ET Q q 0 0 0 rg BT 391.78 65.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 416.60 65.10 Td (rent ) Tj ET Q q 0 0 0 rg BT 434.20 65.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 456.25 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 472.73 65.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 509.21 65.10 Td (maintenance; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 53.10 Td (and) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 701.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 701.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.17 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.67 701.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 131.58 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.86 701.10 Td (information ) Tj ET Q q 0 0 0 rg BT 191.57 701.10 Td (technology-related ) Tj ET Q q 0 0 0 rg BT 269.04 701.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 307.64 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 318.47 701.10 Td (3.2 ) Tj ET Q q 0 0 0 rg BT 338.47 701.10 Td (million ) Tj ET Q q 0 0 0 rg BT 369.86 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 380.69 701.10 Td (3.8%, ) Tj ET Q q 0 0 0 rg BT 406.52 701.10 Td (lar) Tj ET Q q 0 0 0 rg BT 416.89 701.10 Td (gely ) Tj ET Q q 0 0 0 rg BT 436.60 701.10 Td (due ) Tj ET Q q 0 0 0 rg BT 453.54 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 463.82 701.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 489.09 701.10 Td (software ) Tj ET Q q 0 0 0 rg BT 526.02 701.10 Td (costs.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 677.10 Td (Related-party ) Tj ET Q q 0 0 0 rg BT 115.98 677.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 134.03 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 151.53 677.10 Td (allocations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 653.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 653.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.46 653.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 119.33 653.10 Td (char) Tj ET Q q 0 0 0 rg BT 136.35 653.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 151.57 653.10 Td (for ) Tj ET Q q 0 0 0 rg BT 165.12 653.10 Td (JV) Tj ET Q q 0 0 0 rg BT 176.05 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 177.94 653.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 213.70 653.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.92 653.10 Td (243.6 ) Tj ET Q q 0 0 0 rg BT 253.31 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.20 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 284.08 653.10 Td (during ) Tj ET Q q 0 0 0 rg BT 312.08 653.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 333.97 653.10 Td (as ) Tj ET Q q 0 0 0 rg BT 344.18 653.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 385.50 653.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 653.10 Td (252.0 ) Tj ET Q q 0 0 0 rg BT 424.55 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.44 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 455.33 653.10 Td (during ) Tj ET Q q 0 0 0 rg BT 483.32 653.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 505.21 653.10 Td (on ) Tj ET Q q 0 0 0 rg BT 517.10 653.10 Td (a ) Tj ET Q q 0 0 0 rg BT 523.42 653.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 538.64 653.10 Td (forma ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 74.57 641.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.89 641.10 Td (JV) Tj ET Q q 0 0 0 rg BT 103.82 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.60 641.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.47 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 143.25 641.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 181.56 641.10 Td (by ) Tj ET Q q 0 0 0 rg BT 194.34 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 209.33 641.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 252.63 641.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 302.62 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 313.72 641.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.71 641.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.03 641.10 Td (s ) Tj ET Q q 0 0 0 rg BT 383.69 641.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 414.24 641.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 454.23 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 465.33 641.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 477.54 641.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 524.75 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 541.96 641.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 86.89 629.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 101.80 629.10 Td (capital-related ) Tj ET Q q 0 0 0 rg BT 161.67 629.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 215.45 629.10 Td (for ) Tj ET Q q 0 0 0 rg BT 229.80 629.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 255.81 629.10 Td (that ) Tj ET Q q 0 0 0 rg BT 273.49 629.10 Td (we ) Tj ET Q q 0 0 0 rg BT 287.84 629.10 Td (will ) Tj ET Q q 0 0 0 rg BT 306.09 629.10 Td (use ) Tj ET Q q 0 0 0 rg BT 322.10 629.10 Td (or ) Tj ET Q q 0 0 0 rg BT 333.12 629.10 Td (will ) Tj ET Q q 0 0 0 rg BT 351.36 629.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 392.93 629.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 423.38 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 439.40 629.10 Td (company) Tj ET Q q 0 0 0 rg BT 475.40 629.10 Td (, ) Tj ET Q q 0 0 0 rg BT 480.59 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 497.71 629.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 515.40 629.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 540.85 629.10 Td (name ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.41 617.10 Td (procurement ) Tj ET Q q 0 0 0 rg BT 121.42 617.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 143.50 617.10 Td (For ) Tj ET Q q 0 0 0 rg BT 160.86 617.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 204.33 617.10 Td (information ) Tj ET Q q 0 0 0 rg BT 255.02 617.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 296.81 617.10 Td (char) Tj ET Q q 0 0 0 rg BT 313.83 617.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 330.64 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 345.78 617.10 Td (JV) Tj ET Q q 0 0 0 rg BT 356.71 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 360.18 617.10 Td (Services, ) Tj ET Q q 0 0 0 rg BT 400.04 617.10 Td (see ) Tj ET Q q 0 0 0 rg BT 416.28 617.10 Td (note ) Tj ET Q q 0 0 0 rg BT 436.97 617.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 445.45 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 456.70 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 473.51 617.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.53 617.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (statements. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 581.10 Td (Depr) Tj ET Q q 0 0 0 rg BT 78.68 581.10 Td (eciation ) Tj ET Q q 0 0 0 rg BT 113.39 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 130.89 581.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 184.51 581.10 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 557.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.25 557.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 136.87 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 153.51 557.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 206.24 557.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 240.65 557.10 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.60 557.10 Td (19.7 ) Tj ET Q q 0 0 0 rg BT 305.30 557.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.19 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 336.39 557.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.92 557.10 Td (1.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.75 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 369.95 557.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.25 557.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.25 557.10 Td (, ) Tj ET Q q 0 0 0 rg BT 422.95 557.10 Td (as ) Tj ET Q q 0 0 0 rg BT 433.48 557.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 475.10 557.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.08 557.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.08 557.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.58 557.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.78 557.10 Td (This ) Tj ET Q q 0 0 0 rg BT 529.76 557.10 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (is ) Tj ET Q q 0 0 0 rg BT 59.25 545.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 99.55 545.10 Td (due ) Tj ET Q q 0 0 0 rg BT 117.08 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.38 545.10 Td (net ) Tj ET Q q 0 0 0 rg BT 147.68 545.10 Td (ef) Tj ET Q q 0 0 0 rg BT 155.27 545.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 173.34 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.75 545.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 197.28 545.10 Td (an ) Tj ET Q q 0 0 0 rg BT 209.80 545.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 245.64 545.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 289.82 545.10 Td (with ) Tj ET Q q 0 0 0 rg BT 310.68 545.10 Td (property ) Tj ET Q q 0 0 0 rg BT 347.64 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 365.17 545.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 410.46 545.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 450.21 545.10 Td (related ) Tj ET Q q 0 0 0 rg BT 480.50 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 491.36 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.66 545.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 554.19 545.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 87.72 533.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 124.83 533.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 171.11 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 184.90 533.10 Td (expansion ) Tj ET Q q 0 0 0 rg BT 227.01 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 243.01 533.10 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 276.79 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 286.68 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 301.58 533.10 Td (networks, ) Tj ET Q q 0 0 0 rg BT 342.31 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.31 533.10 Td (other ) Tj ET Q q 0 0 0 rg BT 380.43 533.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 408.64 533.10 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 449.65 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 465.65 533.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 479.44 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 485.44 533.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 521.42 533.10 Td (associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (with ) Tj ET Q q 0 0 0 rg BT 69.78 521.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 99.48 521.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 125.31 521.10 Td (becoming ) Tj ET Q q 0 0 0 rg BT 167.24 521.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 188.63 521.10 Td (depreciated.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 497.10 Td (Impairment, ) Tj ET Q q 0 0 0 rg BT 110.16 497.10 Td (r) Tj ET Q q 0 0 0 rg BT 113.68 497.10 Td (estructuring ) Tj ET Q q 0 0 0 rg BT 165.07 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 182.57 497.10 Td (other ) Tj ET Q q 0 0 0 rg BT 206.18 497.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 247.56 497.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 273.67 497.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 473.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 473.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.26 473.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 129.81 473.10 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 181.09 473.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 234.87 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 252.00 473.10 Td (other ) Tj ET Q q 0 0 0 rg BT 275.23 473.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 315.68 473.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 342.53 473.10 Td (net,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.25 473.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.93 473.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.95 473.10 Td (7.6 ) Tj ET Q q 0 0 0 rg BT 391.13 473.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.02 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 422.71 473.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.83 473.10 Td (13.7 ) Tj ET Q q 0 0 0 rg BT 465.02 473.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.91 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 496.60 473.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.39 473.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.39 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 548.08 473.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 461.10 Td (, ) Tj ET Q q 0 0 0 rg BT 73.49 461.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 121.15 461.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.65 461.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.15 461.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.19 461.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.19 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 163.68 461.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 195.17 461.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 233.87 461.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 261.46 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 270.73 461.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 281.66 461.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 334.25 461.10 Td (char) Tj ET Q q 0 0 0 rg BT 351.28 461.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 366.10 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 375.92 461.10 Td (10.8 ) Tj ET Q q 0 0 0 rg BT 399.92 461.10 Td (million ) Tj ET Q q 0 0 0 rg BT 430.30 461.10 Td (that ) Tj ET Q q 0 0 0 rg BT 446.79 461.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 485.50 461.10 Td (comprise ) Tj ET Q q 0 0 0 rg BT 523.64 461.10 Td (employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (severance ) Tj ET Q q 0 0 0 rg BT 91.40 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.32 449.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 156.90 449.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 179.38 449.10 Td (related ) Tj ET Q q 0 0 0 rg BT 209.07 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 219.33 449.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 249.01 449.10 Td (reor) Tj ET Q q 0 0 0 rg BT 264.93 449.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 309.07 449.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 347.65 449.10 Td (following ) Tj ET Q q 0 0 0 rg BT 389.02 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.72 449.10 Td (formation ) Tj ET Q q 0 0 0 rg BT 445.63 449.10 Td (of ) Tj ET Q q 0 0 0 rg BT 456.45 449.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.97 449.10 Td (V) Tj ET Q q 0 0 0 rg BT 476.90 449.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 535.48 449.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 449.10 Td (, ) Tj ET Q q 0 0 0 rg BT 550.28 449.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (a ) Tj ET Q q 0 0 0 rg BT 55.76 437.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 74.79 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 84.94 437.10 Td (5.9 ) Tj ET Q q 0 0 0 rg BT 104.26 437.10 Td (million ) Tj ET Q q 0 0 0 rg BT 134.97 437.10 Td (related ) Tj ET Q q 0 0 0 rg BT 163.99 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 173.58 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 187.62 437.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 204.98 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.13 437.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 249.16 437.10 Td (assets,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.99 437.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.81 437.10 Td (and ) Tj ET Q q 0 0 0 rg BT 293.06 437.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 309.88 437.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 357.79 437.10 Td (char) Tj ET Q q 0 0 0 rg BT 374.82 437.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 389.97 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 400.12 437.10 Td (2.7 ) Tj ET Q q 0 0 0 rg BT 419.43 437.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 452.64 437.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 491.67 437.10 Td (related ) Tj ET Q q 0 0 0 rg BT 520.69 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 530.29 437.10 Td (tangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 77.05 425.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.46 425.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 116.32 425.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 131.51 425.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 157.25 425.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 189.10 425.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 228.17 425.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 256.13 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 265.76 425.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 278.72 425.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 331.67 425.10 Td (char) Tj ET Q q 0 0 0 rg BT 348.70 425.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 363.89 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 374.08 425.10 Td (13.4 ) Tj ET Q q 0 0 0 rg BT 398.44 425.10 Td (million ) Tj ET Q q 0 0 0 rg BT 429.19 425.10 Td (that ) Tj ET Q q 0 0 0 rg BT 446.04 425.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 485.12 425.10 Td (comprise ) Tj ET Q q 0 0 0 rg BT 523.63 425.10 Td (employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (severance ) Tj ET Q q 0 0 0 rg BT 91.58 413.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.69 413.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 157.45 413.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 180.12 413.10 Td (related ) Tj ET Q q 0 0 0 rg BT 209.99 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 220.44 413.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 250.31 413.10 Td (reor) Tj ET Q q 0 0 0 rg BT 266.22 413.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 310.54 413.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 349.31 413.10 Td (following ) Tj ET Q q 0 0 0 rg BT 390.86 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 405.75 413.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 431.71 413.10 Td (Acquisition, ) Tj ET Q q 0 0 0 rg BT 483.54 413.10 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 497.87 413.10 Td (a ) Tj ET Q q 0 0 0 rg BT 504.98 413.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 524.86 413.10 Td (related ) Tj ET Q q 0 0 0 rg BT 554.73 413.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.41 401.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 108.20 401.10 Td (of ) Tj ET Q q 0 0 0 rg BT 119.23 401.10 Td (a ) Tj ET Q q 0 0 0 rg BT 126.36 401.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 148.49 401.10 Td (contingency) Tj ET Q q 0 0 0 rg BT 196.71 401.10 Td (, ) Tj ET Q q 0 0 0 rg BT 201.91 401.10 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 215.70 401.10 Td (a ) Tj ET Q q 0 0 0 rg BT 222.83 401.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 241.09 401.10 Td (of ) Tj ET Q q 0 0 0 rg BT 252.11 401.10 Td (1.1 ) Tj ET Q q 0 0 0 rg BT 272.31 401.10 Td (million ) Tj ET Q q 0 0 0 rg BT 303.89 401.10 Td (related ) Tj ET Q q 0 0 0 rg BT 333.79 401.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.26 401.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.17 401.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 377.41 401.10 Td (of ) Tj ET Q q 0 0 0 rg BT 388.44 401.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 423.34 401.10 Td (assets,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.17 401.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.87 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 469.00 401.10 Td (\(d\) ) Tj ET Q q 0 0 0 rg BT 483.36 401.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 532.15 401.10 Td (char) Tj ET Q q 0 0 0 rg BT 549.18 401.10 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 389.10 Td (1.1 ) Tj ET Q q 0 0 0 rg BT 80.33 389.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 114.22 389.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 153.93 389.10 Td (related ) Tj ET Q q 0 0 0 rg BT 183.64 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 193.91 389.10 Td (tangible ) Tj ET Q q 0 0 0 rg BT 228.63 389.10 Td (assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 365.10 Td (For ) Tj ET Q q 0 0 0 rg BT 82.73 365.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 124.07 365.10 Td (information ) Tj ET Q q 0 0 0 rg BT 172.62 365.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 212.28 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.84 365.10 Td (formation ) Tj ET Q q 0 0 0 rg BT 266.62 365.10 Td (of ) Tj ET Q q 0 0 0 rg BT 276.29 365.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.75 365.10 Td (V) Tj ET Q q 0 0 0 rg BT 295.68 365.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 353.12 365.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.94 365.10 Td (, ) Tj ET Q q 0 0 0 rg BT 366.79 365.10 Td (see ) Tj ET Q q 0 0 0 rg BT 380.90 365.10 Td (note ) Tj ET Q q 0 0 0 rg BT 399.46 365.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 405.80 365.10 Td (to ) Tj ET Q q 0 0 0 rg BT 414.92 365.10 Td (our ) Tj ET Q q 0 0 0 rg BT 429.60 365.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 481.48 365.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.80 365.10 Td (statements. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 341.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.57 341.10 Td (est ) Tj ET Q q 0 0 0 rg BT 91.18 341.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 125.32 341.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.82 341.10 Td (thir) Tj ET Q q 0 0 0 rg BT 146.90 341.10 Td (d-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 317.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.32 317.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 130.35 317.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 162.06 317.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 196.53 317.10 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.56 317.10 Td (6.9 ) Tj ET Q q 0 0 0 rg BT 256.33 317.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.22 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 287.49 317.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.09 317.10 Td (1.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.92 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 321.19 317.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.57 317.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.57 317.10 Td (, ) Tj ET Q q 0 0 0 rg BT 374.33 317.10 Td (as ) Tj ET Q q 0 0 0 rg BT 384.93 317.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 426.63 317.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.68 317.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.68 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 461.28 317.10 Td (This ) Tj ET Q q 0 0 0 rg BT 481.33 317.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 516.35 317.10 Td (is ) Tj ET Q q 0 0 0 rg BT 525.29 317.10 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (due ) Tj ET Q q 0 0 0 rg BT 66.24 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 76.32 305.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 104.17 305.10 Td (average ) Tj ET Q q 0 0 0 rg BT 137.56 305.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 186.52 305.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 206.04 305.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 242.77 305.10 Td (related ) Tj ET Q q 0 0 0 rg BT 272.27 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 282.35 305.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 301.87 305.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 329.18 305.10 Td (during ) Tj ET Q q 0 0 0 rg BT 357.59 305.10 Td (September ) Tj ET Q q 0 0 0 rg BT 402.65 305.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 424.95 305.10 Td (in ) Tj ET Q q 0 0 0 rg BT 435.03 305.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 470.09 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 480.72 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.24 305.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 526.43 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 537.06 305.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.58 305.10 Td (JV) Tj ET Q q 0 0 0 rg BT 562.52 305.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 293.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.35 293.10 Td (. ) Tj ET Q q 0 0 0 rg BT 101.35 293.10 Td (For ) Tj ET Q q 0 0 0 rg BT 117.74 293.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 160.23 293.10 Td (information ) Tj ET Q q 0 0 0 rg BT 209.94 293.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 250.76 293.10 Td (our ) Tj ET Q q 0 0 0 rg BT 266.59 293.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 311.85 293.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 334.07 293.10 Td (see ) Tj ET Q q 0 0 0 rg BT 349.34 293.10 Td (note ) Tj ET Q q 0 0 0 rg BT 369.06 293.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 376.56 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 386.83 293.10 Td (our ) Tj ET Q q 0 0 0 rg BT 402.66 293.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 455.71 293.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 493.19 293.10 Td (statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 269.10 Td (It ) Tj ET Q q 0 0 0 rg BT 76.32 269.10 Td (is ) Tj ET Q q 0 0 0 rg BT 85.70 269.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 121.18 269.10 Td (that ) Tj ET Q q 0 0 0 rg BT 138.89 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.81 269.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 185.96 269.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 207.54 269.10 Td (on ) Tj ET Q q 0 0 0 rg BT 220.25 269.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 232.40 269.10 Td (any ) Tj ET Q q 0 0 0 rg BT 249.55 269.10 Td (new ) Tj ET Q q 0 0 0 rg BT 268.92 269.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 317.18 269.10 Td (could ) Tj ET Q q 0 0 0 rg BT 342.10 269.10 Td (be ) Tj ET Q q 0 0 0 rg BT 354.25 269.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 382.50 269.10 Td (than ) Tj ET Q q 0 0 0 rg BT 402.43 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 417.36 269.10 Td (current ) Tj ET Q q 0 0 0 rg BT 448.38 269.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 480.52 269.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 502.11 269.10 Td (on ) Tj ET Q q 0 0 0 rg BT 514.82 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 530.86 269.10 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 105.25 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 123.79 257.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 140.11 257.10 Td (our ) Tj ET Q q 0 0 0 rg BT 157.54 257.10 Td (variable-rate ) Tj ET Q q 0 0 0 rg BT 212.15 257.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 267.91 257.10 Td (could ) Tj ET Q q 0 0 0 rg BT 294.22 257.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 331.07 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 342.95 257.10 Td (future ) Tj ET Q q 0 0 0 rg BT 370.93 257.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 406.06 257.10 Td (As ) Tj ET Q q 0 0 0 rg BT 421.27 257.10 Td (further ) Tj ET Q q 0 0 0 rg BT 452.58 257.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 495.00 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 506.88 257.10 Td (note ) Tj ET Q q 0 0 0 rg BT 528.20 257.10 Td (6 ) Tj ET Q q 0 0 0 rg BT 537.30 257.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.17 257.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.54 245.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.02 245.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 187.23 245.10 Td (we ) Tj ET Q q 0 0 0 rg BT 201.39 245.10 Td (use ) Tj ET Q q 0 0 0 rg BT 217.22 245.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 259.71 245.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 308.87 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.15 245.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 352.74 245.10 Td (our ) Tj ET Q q 0 0 0 rg BT 368.57 245.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 400.51 245.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 417.99 245.10 Td (risks.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 221.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.57 221.10 Td (est ) Tj ET Q q 0 0 0 rg BT 91.18 221.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 125.32 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.82 221.10 Td (r) Tj ET Q q 0 0 0 rg BT 136.34 221.10 Td (elated-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 197.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 86.57 197.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 141.17 197.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 174.13 197.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 209.85 197.10 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.13 197.10 Td (10.7 ) Tj ET Q q 0 0 0 rg BT 277.15 197.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.04 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 309.56 197.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.41 197.10 Td (10.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.24 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 350.76 197.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.39 197.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.39 197.10 Td (, ) Tj ET Q q 0 0 0 rg BT 406.41 197.10 Td (as ) Tj ET Q q 0 0 0 rg BT 418.26 197.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 461.21 197.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 197.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.50 197.10 Td (. ) Tj ET Q q 0 0 0 rg BT 498.27 197.10 Td (This ) Tj ET Q q 0 0 0 rg BT 519.57 197.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 555.84 197.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 88.71 185.10 Td (due ) Tj ET Q q 0 0 0 rg BT 105.15 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 114.93 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.15 185.10 Td (net ) Tj ET Q q 0 0 0 rg BT 143.37 185.10 Td (ef) Tj ET Q q 0 0 0 rg BT 150.96 185.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 167.95 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.28 185.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 189.72 185.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 217.27 185.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 248.70 185.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 269.58 185.10 Td (on ) Tj ET Q q 0 0 0 rg BT 281.58 185.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 330.25 185.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 383.33 185.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 406.44 185.10 Td (and ) Tj ET Q q 0 0 0 rg BT 422.88 185.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 437.10 185.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 461.87 185.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 493.31 185.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 527.52 185.10 Td (resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (from ) Tj ET Q q 0 0 0 rg BT 72.00 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 79.50 173.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 105.32 173.10 Td (average ) Tj ET Q q 0 0 0 rg BT 139.47 173.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 189.19 173.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 227.79 173.10 Td (balance, ) Tj ET Q q 0 0 0 rg BT 263.88 173.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 312.48 173.10 Td (to ) Tj ET Q q 0 0 0 rg BT 323.32 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 338.59 173.10 Td (net ) Tj ET Q q 0 0 0 rg BT 353.87 173.10 Td (ef) Tj ET Q q 0 0 0 rg BT 361.46 173.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 379.50 173.10 Td (of ) Tj ET Q q 0 0 0 rg BT 390.89 173.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 405.05 173.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 446.41 173.10 Td (related ) Tj ET Q q 0 0 0 rg BT 476.67 173.10 Td (to ) Tj ET Q q 0 0 0 rg BT 487.51 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 502.79 173.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 535.28 173.10 Td (Global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 71.45 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 88.40 161.10 Td (a ) Tj ET Q q 0 0 0 rg BT 95.35 161.10 Td (note ) Tj ET Q q 0 0 0 rg BT 115.08 161.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 148.68 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 158.97 161.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 190.92 161.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 220.64 161.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 252.03 161.10 Td (that ) Tj ET Q q 0 0 0 rg BT 269.54 161.10 Td (was ) Tj ET Q q 0 0 0 rg BT 287.60 161.10 Td (converted ) Tj ET Q q 0 0 0 rg BT 329.54 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 339.83 161.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 367.33 161.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 389.28 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 399.57 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.30 161.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 445.70 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 456.54 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.27 161.10 Td (JV) Tj ET Q q 0 0 0 rg BT 482.20 161.10 Td ( ) Tj ET Q q 0 0 0 rg BT 484.53 161.10 Td (T) Tj ET Q q 0 0 0 rg BT 490.29 161.10 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 533.89 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.84 161.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.36 149.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 96.53 149.10 Td (related ) Tj ET Q q 0 0 0 rg BT 126.15 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 136.35 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 150.99 149.10 Td (assumption ) Tj ET Q q 0 0 0 rg BT 198.96 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.71 149.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 247.67 149.10 Td (under ) Tj ET Q q 0 0 0 rg BT 272.86 149.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.32 149.10 Td (V) Tj ET Q q 0 0 0 rg BT 293.26 149.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 327.88 149.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.32 149.10 Td ( ) Tj ET Q q 0 0 0 rg BT 349.74 149.10 Td (with ) Tj ET Q q 0 0 0 rg BT 369.94 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.57 149.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 415.88 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.63 149.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.27 149.10 Td (JV) Tj ET Q q 0 0 0 rg BT 452.20 149.10 Td ( ) Tj ET Q q 0 0 0 rg BT 454.44 149.10 Td (T) Tj ET Q q 0 0 0 rg BT 460.20 149.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.29 149.10 Td (. ) Tj ET Q q 0 0 0 rg BT 506.21 149.10 Td (For ) Tj ET Q q 0 0 0 rg BT 522.52 149.10 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (information ) Tj ET Q q 0 0 0 rg BT 99.21 137.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 140.03 137.10 Td (our ) Tj ET Q q 0 0 0 rg BT 155.86 137.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 209.44 137.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 231.65 137.10 Td (see ) Tj ET Q q 0 0 0 rg BT 246.92 137.10 Td (note ) Tj ET Q q 0 0 0 rg BT 266.64 137.10 Td (1) Tj ET Q q 0 0 0 rg BT 271.27 137.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 278.77 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 289.05 137.10 Td (our ) Tj ET Q q 0 0 0 rg BT 304.88 137.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 357.92 137.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 395.40 137.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 113.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.57 113.10 Td (est ) Tj ET Q q 0 0 0 rg BT 91.18 113.10 Td (income ) Tj ET Q q 0 0 0 rg BT 122.55 113.10 Td ( ) Tj ET Q q 0 0 0 rg BT 130.05 113.10 Td (thir) Tj ET Q q 0 0 0 rg BT 144.13 113.10 Td (d-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 89.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 84.86 89.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 129.44 89.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 160.69 89.10 Td (income ) Tj ET Q q 0 0 0 rg BT 191.93 89.10 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 89.10 Td (1.9 ) Tj ET Q q 0 0 0 rg BT 250.81 89.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.71 89.10 Td ( ) Tj ET Q q 0 0 0 rg BT 281.52 89.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.44 89.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.44 89.10 Td (, ) Tj ET Q q 0 0 0 rg BT 333.75 89.10 Td (as ) Tj ET Q q 0 0 0 rg BT 343.90 89.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 385.13 89.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.72 89.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.72 89.10 Td (. ) Tj ET Q q 0 0 0 rg BT 418.91 89.10 Td (This ) Tj ET Q q 0 0 0 rg BT 438.50 89.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 473.06 89.10 Td (is ) Tj ET Q q 0 0 0 rg BT 481.55 89.10 Td (due ) Tj ET Q q 0 0 0 rg BT 497.80 89.10 Td (to ) Tj ET Q q 0 0 0 rg BT 507.39 89.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 534.75 89.10 Td (overall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.77 77.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 106.69 77.10 Td (during ) Tj ET Q q 0 0 0 rg BT 135.30 77.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 160.30 77.10 Td (as ) Tj ET Q q 0 0 0 rg BT 171.13 77.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 213.05 77.10 Td (to ) Tj ET Q q 0 0 0 rg BT 223.33 77.10 Td (2016. ) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-18) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 701.10 Td (Realized ) Tj ET Q q 0 0 0 rg BT 95.43 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.93 701.10 Td (unr) Tj ET Q q 0 0 0 rg BT 126.45 701.10 Td (ealized ) Tj ET Q q 0 0 0 rg BT 157.28 701.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 183.67 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 196.17 701.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 238.65 701.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 290.32 701.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 677.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.13 677.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 118.85 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 135.37 677.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 179.09 677.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 205.06 677.10 Td (on ) Tj ET Q q 0 0 0 rg BT 217.14 677.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 259.20 677.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 307.94 677.10 Td (include ) Tj ET Q q 0 0 0 rg BT 339.45 677.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 350.97 677.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 394.69 677.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 428.98 677.10 Td (in ) Tj ET Q q 0 0 0 rg BT 438.83 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 453.13 677.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 469.09 677.10 Td (values ) Tj ET Q q 0 0 0 rg BT 496.71 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 507.12 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 522.53 677.10 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 98.12 665.10 Td (that ) Tj ET Q q 0 0 0 rg BT 115.06 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 129.22 665.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 167.27 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 177.00 665.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 203.93 665.10 Td (until ) Tj ET Q q 0 0 0 rg BT 224.22 665.10 Td (such ) Tj ET Q q 0 0 0 rg BT 244.50 665.10 Td (time ) Tj ET Q q 0 0 0 rg BT 264.22 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 274.50 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.67 665.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 330.60 665.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 368.65 665.10 Td (are ) Tj ET Q q 0 0 0 rg BT 382.81 665.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 403.64 665.10 Td (or ) Tj ET Q q 0 0 0 rg BT 413.92 665.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 449.19 665.10 Td (settled ) Tj ET Q q 0 0 0 rg BT 477.25 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.64 665.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 507.81 665.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 541.40 665.10 Td (gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.33 653.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 86.72 653.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 109.22 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.94 653.10 Td (full ) Tj ET Q q 0 0 0 rg BT 140.33 653.10 Td (or ) Tj ET Q q 0 0 0 rg BT 151.16 653.10 Td (partial ) Tj ET Q q 0 0 0 rg BT 179.20 653.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 222.80 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 233.63 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 248.34 653.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 290.82 653.10 Td (contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 629.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 629.10 Td (details ) Tj ET Q q 0 0 0 rg BT 114.15 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.98 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 140.81 629.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 174.95 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.89 629.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 236.03 629.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 262.42 629.10 Td (on ) Tj ET Q q 0 0 0 rg BT 274.92 629.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 317.40 629.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 369.07 629.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 386.28 629.10 Td (are ) Tj ET Q q 0 0 0 rg BT 400.99 629.10 Td (as ) Tj ET Q q 0 0 0 rg BT 411.82 629.10 Td (follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 553.60 391.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 553.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 553.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 553.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 523.60 391.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 523.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 523.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 523.60 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 605.6 m 499 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 605.6 m 503 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 605.6 m 562 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 592.6 m 562 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 592.6 m 499 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 592.6 m 562 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 523.6 m 499 523.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 523.6 m 499 523.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 509.6 m 499 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 507.6 m 499 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 523.6 m 562 523.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 509.6 m 562 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 507.6 m 562 507.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 610.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.65 610.00 Td (Y) Tj ET Q q 0 0 0 rg BT 457.65 610.00 Td (ear) Tj ET Q q 0 0 0 rg BT 469.56 610.00 Td ( ended December) Tj ET Q q 0 0 0 rg BT 535.88 610.00 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 597.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.00 597.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.00 597.00 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.35 584.00 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.45 571.00 Td (pr) Tj ET Q q 0 0 0 rg BT 521.29 571.00 Td (o forma) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 558.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 543.27 Td (Cross-currency and interest rate derivative contracts \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.50 543.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 543.32 Td (\(635.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 543.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 543.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 543.32 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 543.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 528.27 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 528.32 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 528.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 528.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 513.27 Td (T) Tj ET Q q 0 0 0 rg BT 62.91 513.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.50 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 513.32 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 513.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 513.32 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 513.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 63.10 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.50 473.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.76 473.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 113.03 473.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.85 473.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.85 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 164.57 473.10 Td (is ) Tj ET Q q 0 0 0 rg BT 173.95 473.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 213.87 473.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 262.12 473.10 Td (to ) Tj ET Q q 0 0 0 rg BT 272.61 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 287.54 473.10 Td (net ) Tj ET Q q 0 0 0 rg BT 302.47 473.10 Td (ef) Tj ET Q q 0 0 0 rg BT 310.06 473.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 327.76 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 338.80 473.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 350.95 473.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 377.55 473.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 421.36 473.10 Td (with ) Tj ET Q q 0 0 0 rg BT 441.85 473.10 Td (an ) Tj ET Q q 0 0 0 rg BT 454.00 473.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 489.47 473.10 Td (in ) Tj ET Q q 0 0 0 rg BT 499.96 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.89 473.10 Td (value ) Tj ET Q q 0 0 0 rg BT 539.26 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 473.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 461.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 96.10 461.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 127.91 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 137.51 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.56 461.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 171.17 461.10 Td (dollar ) Tj ET Q q 0 0 0 rg BT 196.32 461.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.59 461.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 226.64 461.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 249.57 461.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 292.50 461.10 Td (with ) Tj ET Q q 0 0 0 rg BT 312.10 461.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 350.58 461.10 Td (in ) Tj ET Q q 0 0 0 rg BT 360.18 461.10 Td (market ) Tj ET Q q 0 0 0 rg BT 389.78 461.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 421.04 461.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 441.74 461.10 Td (in ) Tj ET Q q 0 0 0 rg BT 451.35 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 465.40 461.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 484.99 461.10 Td (market. ) Tj ET Q q 0 0 0 rg BT 517.09 461.10 Td (In ) Tj ET Q q 0 0 0 rg BT 527.24 461.10 Td (addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 91.46 449.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 109.77 449.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.63 449.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.63 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 161.38 449.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 197.45 449.10 Td (a ) Tj ET Q q 0 0 0 rg BT 204.64 449.10 Td (net ) Tj ET Q q 0 0 0 rg BT 219.60 449.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 239.57 449.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.65 449.10 Td (63.8 ) Tj ET Q q 0 0 0 rg BT 275.89 449.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.79 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 307.53 449.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 345.28 449.10 Td (from ) Tj ET Q q 0 0 0 rg BT 367.46 449.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 402.42 449.10 Td (in ) Tj ET Q q 0 0 0 rg BT 412.95 449.10 Td (our ) Tj ET Q q 0 0 0 rg BT 429.02 449.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 454.54 449.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 472.28 449.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 512.24 449.10 Td (adjustments.) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 437.10 Td (The ) Tj ET Q q 0 0 0 rg BT 94.06 437.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 111.63 437.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.75 437.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.75 437.10 Td ( ) Tj ET Q q 0 0 0 rg BT 161.76 437.10 Td (is ) Tj ET Q q 0 0 0 rg BT 170.45 437.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 209.67 437.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 257.22 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 267.01 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.24 437.10 Td (net ) Tj ET Q q 0 0 0 rg BT 295.46 437.10 Td (ef) Tj ET Q q 0 0 0 rg BT 303.05 437.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 320.05 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 330.39 437.10 Td (\(a\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.49 437.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.50 437.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 369.41 437.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 412.51 437.10 Td (with ) Tj ET Q q 0 0 0 rg BT 432.30 437.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 472.62 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 482.41 437.10 Td (market ) Tj ET Q q 0 0 0 rg BT 512.18 437.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 543.63 437.10 Td (rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 86.84 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 101.62 425.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 121.95 425.10 Td (market) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.72 425.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.28 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.28 425.10 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 183.51 425.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 207.18 425.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 250.84 425.10 Td (with ) Tj ET Q q 0 0 0 rg BT 271.18 425.10 Td (a ) Tj ET Q q 0 0 0 rg BT 278.18 425.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 315.16 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 325.50 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 340.28 425.10 Td (value ) Tj ET Q q 0 0 0 rg BT 364.50 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 375.39 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.17 425.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 410.50 425.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 443.05 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 453.39 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.17 425.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 488.52 425.10 Td (dollar) Tj ET Q q 0 0 0 rg BT 511.29 425.10 Td (. ) Tj ET Q q 0 0 0 rg BT 516.35 425.10 Td (In ) Tj ET Q q 0 0 0 rg BT 527.25 425.10 Td (addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 91.22 413.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 109.28 413.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.89 413.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.89 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 160.39 413.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 196.21 413.10 Td (a ) Tj ET Q q 0 0 0 rg BT 203.15 413.10 Td (net ) Tj ET Q q 0 0 0 rg BT 217.87 413.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 237.58 413.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.41 413.10 Td (22.7 ) Tj ET Q q 0 0 0 rg BT 273.41 413.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.31 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 304.81 413.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 342.30 413.10 Td (from ) Tj ET Q q 0 0 0 rg BT 364.24 413.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 398.95 413.10 Td (in ) Tj ET Q q 0 0 0 rg BT 409.22 413.10 Td (our ) Tj ET Q q 0 0 0 rg BT 425.05 413.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 450.32 413.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 467.82 413.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 507.53 413.10 Td (adjustments.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 557.80 413.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 389.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 389.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 389.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 389.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.91 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 232.74 389.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 275.22 389.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 326.88 389.10 Td (see ) Tj ET Q q 0 0 0 rg BT 342.15 389.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 365.76 389.10 Td (6 ) Tj ET Q q 0 0 0 rg BT 373.26 389.10 Td (and ) Tj ET Q q 0 0 0 rg BT 390.20 389.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 397.70 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 407.98 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 423.81 389.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 476.85 389.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 514.33 389.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 365.10 Td (For) Tj ET Q q 0 0 0 rg BT 73.13 365.10 Td (eign ) Tj ET Q q 0 0 0 rg BT 92.85 365.10 Td (curr) Tj ET Q q 0 0 0 rg BT 109.70 365.10 Td (ency ) Tj ET Q q 0 0 0 rg BT 130.51 365.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 178.57 365.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 202.74 365.10 Td (\(losses\), ) Tj ET Q q 0 0 0 rg BT 238.29 365.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 341.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.87 341.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 117.57 341.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 155.37 341.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 202.07 341.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 226.00 341.10 Td (or ) Tj ET Q q 0 0 0 rg BT 237.15 341.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 263.86 341.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 303.90 341.10 Td (result ) Tj ET Q q 0 0 0 rg BT 328.94 341.10 Td (from ) Tj ET Q q 0 0 0 rg BT 351.20 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.24 341.10 Td (remeasurement ) Tj ET Q q 0 0 0 rg BT 430.14 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 441.29 341.10 Td (monetary ) Tj ET Q q 0 0 0 rg BT 481.88 341.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 508.03 341.10 Td (and ) Tj ET Q q 0 0 0 rg BT 525.29 341.10 Td (liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (that ) Tj ET Q q 0 0 0 rg BT 66.83 329.10 Td (are ) Tj ET Q q 0 0 0 rg BT 81.37 329.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 135.36 329.10 Td (in ) Tj ET Q q 0 0 0 rg BT 145.47 329.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 188.89 329.10 Td (other ) Tj ET Q q 0 0 0 rg BT 211.77 329.10 Td (than ) Tj ET Q q 0 0 0 rg BT 231.33 329.10 Td (our ) Tj ET Q q 0 0 0 rg BT 246.99 329.10 Td (functional ) Tj ET Q q 0 0 0 rg BT 289.87 329.10 Td (currency) Tj ET Q q 0 0 0 rg BT 324.20 329.10 Td (. ) Tj ET Q q 0 0 0 rg BT 329.03 329.10 Td (Unrealized ) Tj ET Q q 0 0 0 rg BT 375.23 329.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 406.44 329.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 443.75 329.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 489.96 329.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 513.40 329.10 Td (or ) Tj ET Q q 0 0 0 rg BT 524.07 329.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 550.30 329.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (computed ) Tj ET Q q 0 0 0 rg BT 91.65 317.10 Td (based ) Tj ET Q q 0 0 0 rg BT 117.13 317.10 Td (on ) Tj ET Q q 0 0 0 rg BT 129.84 317.10 Td (period-end ) Tj ET Q q 0 0 0 rg BT 175.86 317.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 216.33 317.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 237.92 317.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.07 317.10 Td (are ) Tj ET Q q 0 0 0 rg BT 269.99 317.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 308.80 317.10 Td (in ) Tj ET Q q 0 0 0 rg BT 319.29 317.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 346.98 317.10 Td (until ) Tj ET Q q 0 0 0 rg BT 368.03 317.10 Td (such ) Tj ET Q q 0 0 0 rg BT 389.07 317.10 Td (time ) Tj ET Q q 0 0 0 rg BT 409.55 317.10 Td (as ) Tj ET Q q 0 0 0 rg BT 420.60 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 435.52 317.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 472.12 317.10 Td (are ) Tj ET Q q 0 0 0 rg BT 487.04 317.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 518.16 317.10 Td (The ) Tj ET Q q 0 0 0 rg BT 536.42 317.10 Td (details ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 305.10 Td (our ) Tj ET Q q 0 0 0 rg BT 76.16 305.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 107.54 305.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 145.01 305.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 191.38 305.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 214.99 305.10 Td (\(losses\), ) Tj ET Q q 0 0 0 rg BT 250.54 305.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 267.76 305.10 Td (are ) Tj ET Q q 0 0 0 rg BT 282.47 305.10 Td (as ) Tj ET Q q 0 0 0 rg BT 293.30 305.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 229.60 399.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 229.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 229.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 229.60 55.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.00 214.60 399.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 199.60 399.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 199.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 199.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 199.60 55.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.00 184.60 399.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 281.6 m 504 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 281.6 m 508 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 281.6 m 563 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 281.6 m 504 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 268.6 m 504 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 281.6 m 563 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 268.6 m 563 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 184.60000000000002 m 504 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 184.60000000000002 m 563 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 170.60000000000002 m 504 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 168.60000000000002 m 504 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 184.60000000000002 m 563 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 170.60000000000002 m 563 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 168.60000000000002 m 563 168.60000000000002 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 285.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.65 286.00 Td (Y) Tj ET Q q 0 0 0 rg BT 462.65 286.00 Td (ear) Tj ET Q q 0 0 0 rg BT 474.56 286.00 Td ( ended December) Tj ET Q q 0 0 0 rg BT 540.88 286.00 Td ( 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 272.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 273.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 273.00 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.35 260.00 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.45 247.00 Td (pr) Tj ET Q q 0 0 0 rg BT 524.29 247.00 Td (o forma) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 219.27 Td (U.S. dollar denominated debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 219.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 219.27 Td (647.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 219.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 219.32 Td (\(137.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 219.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 204.27 Td (Restricted cash and cash denominated in a currency other than our functional currency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 204.27 Td (19.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 204.27 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 190.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 189.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 189.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 175.17 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 175.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 174.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 174.27 Td (666.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 174.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 174.32 Td (\(135.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 174.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 146.10 Td (Gains ) Tj ET Q q 0 0 0 rg BT 84.89 146.10 Td (on ) Tj ET Q q 0 0 0 rg BT 97.39 146.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 117.11 146.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 170.16 146.10 Td (and ) Tj ET Q q 0 0 0 rg BT 187.66 146.10 Td (extinguishment, ) Tj ET Q q 0 0 0 rg BT 253.20 146.10 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 122.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 122.10 Td (e ) Tj ET Q q 0 0 0 rg BT 82.10 122.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 127.48 122.10 Td (gains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.59 122.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.11 122.10 Td (on ) Tj ET Q q 0 0 0 rg BT 161.64 122.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 180.38 122.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 233.00 122.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.96 122.10 Td (extinguishment, ) Tj ET Q q 0 0 0 rg BT 314.64 122.10 Td (net, ) Tj ET Q q 0 0 0 rg BT 330.88 122.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.73 122.10 Td (15.2 ) Tj ET Q q 0 0 0 rg BT 364.75 122.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 122.10 Td ( ) Tj ET Q q 0 0 0 rg BT 395.17 122.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.13 122.10 Td (nil ) Tj ET Q q 0 0 0 rg BT 423.21 122.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.84 122.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.84 122.10 Td ( ) Tj ET Q q 0 0 0 rg BT 472.36 122.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.32 122.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.32 122.10 Td (, ) Tj ET Q q 0 0 0 rg BT 512.35 122.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 122.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.10 Td (The ) Tj ET Q q 0 0 0 rg BT 66.71 110.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 85.60 110.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.37 110.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.37 110.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.04 110.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 170.03 110.10 Td (the ) Tj ET Q q 0 0 0 rg BT 183.91 110.10 Td (write-of) Tj ET Q q 0 0 0 rg BT 215.94 110.10 Td (f ) Tj ET Q q 0 0 0 rg BT 220.94 110.10 Td (of ) Tj ET Q q 0 0 0 rg BT 230.93 110.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 242.04 110.10 Td (21.6 ) Tj ET Q q 0 0 0 rg BT 266.20 110.10 Td (million ) Tj ET Q q 0 0 0 rg BT 296.76 110.10 Td (of ) Tj ET Q q 0 0 0 rg BT 306.76 110.10 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 358.41 110.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 400.07 110.10 Td (and ) Tj ET Q q 0 0 0 rg BT 416.17 110.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 430.06 110.10 Td (6.4 ) Tj ET Q q 0 0 0 rg BT 449.22 110.10 Td (million ) Tj ET Q q 0 0 0 rg BT 479.78 110.10 Td (of ) Tj ET Q q 0 0 0 rg BT 489.78 110.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 524.75 110.10 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.10 Td (costs. ) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-19) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 90.43 713.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 105.15 713.10 Td (benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 689.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.08 689.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 129.44 689.10 Td (income ) Tj ET Q q 0 0 0 rg BT 161.37 689.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 176.09 689.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 210.24 689.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.07 689.10 Td (91.7 ) Tj ET Q q 0 0 0 rg BT 246.07 689.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.97 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 277.47 689.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.40 689.10 Td (163.8 ) Tj ET Q q 0 0 0 rg BT 324.40 689.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.30 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 355.80 689.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.40 689.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.40 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 406.90 689.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.84 689.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.84 689.10 Td (, ) Tj ET Q q 0 0 0 rg BT 448.84 689.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 496.50 689.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.02 665.10 Td (income ) Tj ET Q q 0 0 0 rg BT 116.43 665.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 130.62 665.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 160.36 665.10 Td (during ) Tj ET Q q 0 0 0 rg BT 188.44 665.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 210.42 665.10 Td (dif) Tj ET Q q 0 0 0 rg BT 221.35 665.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 238.31 665.10 Td (from ) Tj ET Q q 0 0 0 rg BT 259.73 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 273.92 665.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 311.43 665.10 Td (income ) Tj ET Q q 0 0 0 rg BT 342.83 665.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 357.03 665.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 386.77 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.07 665.10 Td (80.4 ) Tj ET Q q 0 0 0 rg BT 421.55 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.44 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 452.41 665.10 Td (\(based ) Tj ET Q q 0 0 0 rg BT 480.49 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.46 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.65 665.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 533.07 665.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.22 653.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 81.70 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 92.53 653.10 Td (25.0%\), ) Tj ET Q q 0 0 0 rg BT 126.69 653.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 166.40 653.10 Td (due ) Tj ET Q q 0 0 0 rg BT 183.34 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 193.62 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.34 653.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 242.50 653.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 272.21 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 283.04 653.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 297.76 653.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 331.92 653.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 375.51 653.10 Td (with ) Tj ET Q q 0 0 0 rg BT 395.79 653.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 442.72 653.10 Td (innovation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 629.10 Td (The ) Tj ET Q q 0 0 0 rg BT 84.77 629.10 Td (income ) Tj ET Q q 0 0 0 rg BT 115.93 629.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 129.87 629.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 159.36 629.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.19 629.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.19 629.10 Td ( ) Tj ET Q q 0 0 0 rg BT 208.92 629.10 Td (dif) Tj ET Q q 0 0 0 rg BT 219.85 629.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 236.56 629.10 Td (from ) Tj ET Q q 0 0 0 rg BT 257.73 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.67 629.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 308.93 629.10 Td (income ) Tj ET Q q 0 0 0 rg BT 340.08 629.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 354.03 629.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 383.52 629.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.57 629.10 Td (135.2 ) Tj ET Q q 0 0 0 rg BT 422.80 629.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.69 629.10 Td ( ) Tj ET Q q 0 0 0 rg BT 453.41 629.10 Td (\(based ) Tj ET Q q 0 0 0 rg BT 481.24 629.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.96 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.90 629.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 533.07 629.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.15 617.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 81.56 617.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.32 617.10 Td (25.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.15 617.10 Td (\), ) Tj ET Q q 0 0 0 rg BT 126.42 617.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 166.06 617.10 Td (due ) Tj ET Q q 0 0 0 rg BT 182.93 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 193.14 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 207.78 617.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 241.88 617.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 271.52 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 282.28 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 296.93 617.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 311.58 617.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 341.77 617.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 385.30 617.10 Td (with ) Tj ET Q q 0 0 0 rg BT 405.50 617.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 452.37 617.10 Td (innovation. ) Tj ET Q q 0 0 0 rg BT 499.90 617.10 Td (This ) Tj ET Q q 0 0 0 rg BT 520.11 617.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 534.75 617.10 Td (benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (was ) Tj ET Q q 0 0 0 rg BT 67.55 605.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 103.37 605.10 Td (of) Tj ET Q q 0 0 0 rg BT 111.52 605.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 128.46 605.10 Td (by ) Tj ET Q q 0 0 0 rg BT 140.96 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.68 605.10 Td (net ) Tj ET Q q 0 0 0 rg BT 170.39 605.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 206.77 605.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 236.48 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 247.31 605.10 Td (an ) Tj ET Q q 0 0 0 rg BT 259.25 605.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 294.50 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.78 605.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 344.49 605.10 Td (allowances. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 581.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 581.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 581.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 581.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.91 581.10 Td (our ) Tj ET Q q 0 0 0 rg BT 232.74 581.10 Td (income ) Tj ET Q q 0 0 0 rg BT 264.67 581.10 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 290.22 581.10 Td (see ) Tj ET Q q 0 0 0 rg BT 305.49 581.10 Td (note ) Tj ET Q q 0 0 0 rg BT 325.21 581.10 Td (10 ) Tj ET Q q 0 0 0 rg BT 337.71 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 347.98 581.10 Td (our ) Tj ET Q q 0 0 0 rg BT 363.81 581.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 416.86 581.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 454.34 581.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 557.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 74.89 557.10 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 533.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.09 533.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.09 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 122.36 533.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.06 533.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.06 533.10 Td (, ) Tj ET Q q 0 0 0 rg BT 165.82 533.10 Td (we ) Tj ET Q q 0 0 0 rg BT 180.74 533.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 217.32 533.10 Td (net ) Tj ET Q q 0 0 0 rg BT 232.80 533.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 259.96 533.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.55 533.10 Td (229.8 ) Tj ET Q q 0 0 0 rg BT 302.31 533.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.21 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 334.47 533.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.17 533.10 Td (377.2 ) Tj ET Q q 0 0 0 rg BT 382.93 533.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.83 533.10 Td (, ) Tj ET Q q 0 0 0 rg BT 417.59 533.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 465.25 533.10 Td (, ) Tj ET Q q 0 0 0 rg BT 471.01 533.10 Td (including ) Tj ET Q q 0 0 0 rg BT 512.05 533.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 524.75 533.10 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (income ) Tj ET Q q 0 0 0 rg BT 81.56 521.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.51 521.10 Td (192.6 ) Tj ET Q q 0 0 0 rg BT 122.63 521.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.52 521.10 Td ( ) Tj ET Q q 0 0 0 rg BT 154.14 521.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.20 521.10 Td (301.0 ) Tj ET Q q 0 0 0 rg BT 201.33 521.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.22 521.10 Td (, ) Tj ET Q q 0 0 0 rg BT 235.34 521.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 283.00 521.10 Td (, ) Tj ET Q q 0 0 0 rg BT 288.12 521.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 302.96 521.10 Td (net ) Tj ET Q q 0 0 0 rg BT 317.80 521.10 Td (non-operating ) Tj ET Q q 0 0 0 rg BT 376.52 521.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 411.35 521.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 521.10 Td (514.1 ) Tj ET Q q 0 0 0 rg BT 452.42 521.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.31 521.10 Td ( ) Tj ET Q q 0 0 0 rg BT 483.93 521.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.99 521.10 Td (842.0 ) Tj ET Q q 0 0 0 rg BT 531.12 521.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 521.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 509.10 Td (, ) Tj ET Q q 0 0 0 rg BT 102.16 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 119.10 509.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 136.59 509.10 Td (income ) Tj ET Q q 0 0 0 rg BT 168.53 509.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 183.25 509.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 217.40 509.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.23 509.10 Td (91.7 ) Tj ET Q q 0 0 0 rg BT 253.23 509.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.12 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 284.62 509.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.56 509.10 Td (163.8 ) Tj ET Q q 0 0 0 rg BT 331.56 509.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.45 509.10 Td (, ) Tj ET Q q 0 0 0 rg BT 365.45 509.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 413.11 509.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 92.02 485.10 Td (and ) Tj ET Q q 0 0 0 rg BT 110.64 485.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 144.81 485.10 Td (Resour) Tj ET Q q 0 0 0 rg BT 175.18 485.10 Td (ces) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 461.10 Td (Sources ) Tj ET Q q 0 0 0 rg BT 93.78 461.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.84 461.10 Td (Uses ) Tj ET Q q 0 0 0 rg BT 133.79 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.62 461.10 Td (Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 437.10 Td (As ) Tj ET Q q 0 0 0 rg BT 80.83 437.10 Td (a ) Tj ET Q q 0 0 0 rg BT 87.49 437.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 120.26 437.10 Td (company) Tj ET Q q 0 0 0 rg BT 156.26 437.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.82 437.10 Td (V) Tj ET Q q 0 0 0 rg BT 166.75 437.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.85 437.10 Td () Tj ET Q q 0 0 0 rg BT 225.63 437.10 Td (s ) Tj ET Q q 0 0 0 rg BT 231.73 437.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 265.61 437.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 291.15 437.10 Td (are ) Tj ET Q q 0 0 0 rg BT 305.58 437.10 Td (its ) Tj ET Q q 0 0 0 rg BT 317.24 437.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 367.23 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 377.23 437.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 429.99 437.10 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 481.43 437.10 Td (As ) Tj ET Q q 0 0 0 rg BT 494.76 437.10 Td (further ) Tj ET Q q 0 0 0 rg BT 524.18 437.10 Td (described ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.50 425.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.94 425.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.94 425.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.16 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 100.15 425.10 Td (our ) Tj ET Q q 0 0 0 rg BT 116.70 425.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 170.47 425.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 208.67 425.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 256.60 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.04 425.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 297.47 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 309.02 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.46 425.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 374.35 425.10 Td (governing ) Tj ET Q q 0 0 0 rg BT 418.11 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.55 425.10 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 488.43 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 499.98 425.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 530.40 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 541.95 425.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 98.98 413.10 Td (may ) Tj ET Q q 0 0 0 rg BT 118.46 413.10 Td (restrict ) Tj ET Q q 0 0 0 rg BT 148.48 413.10 Td (our ) Tj ET Q q 0 0 0 rg BT 164.08 413.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 191.89 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 201.93 413.10 Td (access ) Tj ET Q q 0 0 0 rg BT 229.73 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.21 413.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 269.80 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 280.39 413.10 Td (these ) Tj ET Q q 0 0 0 rg BT 303.20 413.10 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 355.02 413.10 Td (The ) Tj ET Q q 0 0 0 rg BT 372.83 413.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 400.64 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.68 413.10 Td (access ) Tj ET Q q 0 0 0 rg BT 438.48 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.96 413.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 489.11 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 499.71 413.10 Td (our ) Tj ET Q q 0 0 0 rg BT 515.30 413.10 Td (subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (may ) Tj ET Q q 0 0 0 rg BT 70.20 401.10 Td (also ) Tj ET Q q 0 0 0 rg BT 89.80 401.10 Td (be ) Tj ET Q q 0 0 0 rg BT 102.72 401.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 134.54 401.10 Td (by ) Tj ET Q q 0 0 0 rg BT 148.03 401.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 163.73 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 181.65 401.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 204.57 401.10 Td (considerations ) Tj ET Q q 0 0 0 rg BT 265.82 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 283.75 401.10 Td (other ) Tj ET Q q 0 0 0 rg BT 307.78 401.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 340.21 401.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.69 401.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 413.26 401.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.26 401.10 Td (, ) Tj ET Q q 0 0 0 rg BT 439.25 401.10 Td (most ) Tj ET Q q 0 0 0 rg BT 462.18 401.10 Td (of ) Tj ET Q q 0 0 0 rg BT 474.00 401.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.82 401.10 Td (239.4 ) Tj ET Q q 0 0 0 rg BT 521.80 401.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.69 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 554.18 401.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.54 389.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 122.81 389.10 Td (was ) Tj ET Q q 0 0 0 rg BT 140.86 389.10 Td (held ) Tj ET Q q 0 0 0 rg BT 160.58 389.10 Td (by ) Tj ET Q q 0 0 0 rg BT 173.08 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 188.91 389.10 Td (subsidiaries. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 365.10 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 98.22 365.10 Td (of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 109.05 365.10 Td (V) Tj ET Q q 0 0 0 rg BT 114.61 365.10 Td (odafoneZiggo) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.83 365.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 341.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 84.89 341.10 Td (sources ) Tj ET Q q 0 0 0 rg BT 116.72 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 126.89 341.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 162.62 341.10 Td (at ) Tj ET Q q 0 0 0 rg BT 171.68 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.74 341.10 Td (parent ) Tj ET Q q 0 0 0 rg BT 212.56 341.10 Td (level ) Tj ET Q q 0 0 0 rg BT 233.83 341.10 Td (include, ) Tj ET Q q 0 0 0 rg BT 267.61 341.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 297.77 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 307.39 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.45 341.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 367.72 341.10 Td (noted ) Tj ET Q q 0 0 0 rg BT 391.78 341.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 420.00 341.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 457.37 341.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.99 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.05 341.10 Td (form ) Tj ET Q q 0 0 0 rg BT 502.33 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 512.50 341.10 Td (distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.16 329.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 83.60 329.10 Td (from ) Tj ET Q q 0 0 0 rg BT 105.38 329.10 Td (our ) Tj ET Q q 0 0 0 rg BT 121.04 329.10 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 173.09 329.10 Td (It ) Tj ET Q q 0 0 0 rg BT 181.53 329.10 Td (is ) Tj ET Q q 0 0 0 rg BT 190.53 329.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.08 329.10 Td (intention ) Tj ET Q q 0 0 0 rg BT 242.97 329.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.63 329.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.18 329.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.50 329.10 Td (s ) Tj ET Q q 0 0 0 rg BT 322.72 329.10 Td (of ) Tj ET Q q 0 0 0 rg BT 333.38 329.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.76 329.10 Td (V) Tj ET Q q 0 0 0 rg BT 353.70 329.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 412.12 329.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.95 329.10 Td (, ) Tj ET Q q 0 0 0 rg BT 426.78 329.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.94 329.10 Td (V) Tj ET Q q 0 0 0 rg BT 449.87 329.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.97 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 508.30 329.10 Td (will ) Tj ET Q q 0 0 0 rg BT 526.19 329.10 Td (be ) Tj ET Q q 0 0 0 rg BT 537.96 329.10 Td (a ) Tj ET Q q 0 0 0 rg BT 544.73 329.10 Td (self-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 83.33 317.10 Td (company ) Tj ET Q q 0 0 0 rg BT 122.70 317.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 155.95 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 167.00 317.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 207.48 317.10 Td (its ) Tj ET Q q 0 0 0 rg BT 219.65 317.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 258.47 317.10 Td (on ) Tj ET Q q 0 0 0 rg BT 271.19 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 278.34 317.10 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 327.16 317.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 349.88 317.10 Td (without ) Tj ET Q q 0 0 0 rg BT 383.15 317.10 Td (recourse ) Tj ET Q q 0 0 0 rg BT 419.74 317.10 Td (to ) Tj ET Q q 0 0 0 rg BT 430.23 317.10 Td (either ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.72 317.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.48 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 508.70 317.10 Td (No ) Tj ET Q q 0 0 0 rg BT 523.64 317.10 Td (assurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (can ) Tj ET Q q 0 0 0 rg BT 65.88 305.10 Td (be ) Tj ET Q q 0 0 0 rg BT 77.82 305.10 Td (given ) Tj ET Q q 0 0 0 rg BT 102.53 305.10 Td (that ) Tj ET Q q 0 0 0 rg BT 120.03 305.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 153.64 305.10 Td (from ) Tj ET Q q 0 0 0 rg BT 175.57 305.10 Td (our ) Tj ET Q q 0 0 0 rg BT 191.40 305.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 241.12 305.10 Td (or ) Tj ET Q q 0 0 0 rg BT 251.95 305.10 Td (external ) Tj ET Q q 0 0 0 rg BT 286.65 305.10 Td (sources ) Tj ET Q q 0 0 0 rg BT 319.14 305.10 Td (would ) Tj ET Q q 0 0 0 rg BT 346.64 305.10 Td (be ) Tj ET Q q 0 0 0 rg BT 358.58 305.10 Td (available ) Tj ET Q q 0 0 0 rg BT 397.17 305.10 Td (on ) Tj ET Q q 0 0 0 rg BT 409.67 305.10 Td (favorable ) Tj ET Q q 0 0 0 rg BT 449.92 305.10 Td (terms, ) Tj ET Q q 0 0 0 rg BT 477.14 305.10 Td (or ) Tj ET Q q 0 0 0 rg BT 487.97 305.10 Td (at ) Tj ET Q q 0 0 0 rg BT 497.69 305.10 Td (all.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 281.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 281.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.53 281.10 Td () Tj ET Q q 0 0 0 rg BT 132.30 281.10 Td (s ) Tj ET Q q 0 0 0 rg BT 138.40 281.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 178.36 281.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 214.46 281.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 268.87 281.10 Td (include ) Tj ET Q q 0 0 0 rg BT 300.51 281.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 340.47 281.10 Td (general ) Tj ET Q q 0 0 0 rg BT 372.10 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 388.74 281.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 448.16 281.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 486.46 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 503.10 281.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 521.41 281.10 Td (associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (with ) Tj ET Q q 0 0 0 rg BT 69.90 269.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.74 269.10 Td (JV) Tj ET Q q 0 0 0 rg BT 95.67 269.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.29 269.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 130.32 269.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.64 269.10 Td (. ) Tj ET Q q 0 0 0 rg BT 183.76 269.10 Td (From ) Tj ET Q q 0 0 0 rg BT 208.05 269.10 Td (time ) Tj ET Q q 0 0 0 rg BT 228.45 269.10 Td (to ) Tj ET Q q 0 0 0 rg BT 238.85 269.10 Td (time, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.55 269.10 Td (V) Tj ET Q q 0 0 0 rg BT 267.49 269.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.58 269.10 Td ( ) Tj ET Q q 0 0 0 rg BT 326.20 269.10 Td (may ) Tj ET Q q 0 0 0 rg BT 346.04 269.10 Td (also ) Tj ET Q q 0 0 0 rg BT 364.77 269.10 Td (require ) Tj ET Q q 0 0 0 rg BT 395.71 269.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 416.10 269.10 Td (in ) Tj ET Q q 0 0 0 rg BT 426.50 269.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 472.99 269.10 Td (with ) Tj ET Q q 0 0 0 rg BT 493.40 269.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 505.46 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 520.29 269.10 Td (repayment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.16 257.10 Td (its ) Tj ET Q q 0 0 0 rg BT 71.94 257.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 125.35 257.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 144.90 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 161.67 257.10 Td (interest, ) Tj ET Q q 0 0 0 rg BT 195.94 257.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 210.48 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.03 257.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 258.47 257.10 Td (of ) Tj ET Q q 0 0 0 rg BT 269.13 257.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 310.35 257.10 Td (or ) Tj ET Q q 0 0 0 rg BT 321.01 257.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 373.35 257.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 410.12 257.10 Td (to ) Tj ET Q q 0 0 0 rg BT 420.23 257.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.78 257.10 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 488.80 257.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.23 257.10 Td (, ) Tj ET Q q 0 0 0 rg BT 538.06 257.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (requires ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.20 245.10 Td (V) Tj ET Q q 0 0 0 rg BT 90.13 245.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.23 245.10 Td ( ) Tj ET Q q 0 0 0 rg BT 148.92 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.39 245.10 Td (distribute ) Tj ET Q q 0 0 0 rg BT 199.85 245.10 Td (all ) Tj ET Q q 0 0 0 rg BT 212.53 245.10 Td (unrestricted ) Tj ET Q q 0 0 0 rg BT 262.42 245.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 282.88 245.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 297.23 245.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 329.91 245.10 Td (in ) Tj ET Q q 0 0 0 rg BT 340.37 245.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.28 245.10 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 409.58 245.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.01 245.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 460.03 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.49 245.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.40 245.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.72 245.10 Td (s ) Tj ET Q q 0 0 0 rg BT 540.30 245.10 Td (every ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (two ) Tj ET Q q 0 0 0 rg BT 67.56 233.10 Td (months ) Tj ET Q q 0 0 0 rg BT 100.08 233.10 Td (\(subject ) Tj ET Q q 0 0 0 rg BT 134.80 233.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.42 233.10 Td (V) Tj ET Q q 0 0 0 rg BT 151.35 233.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.44 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 210.51 233.10 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 261.34 233.10 Td (a ) Tj ET Q q 0 0 0 rg BT 268.84 233.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 310.80 233.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 343.86 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.25 233.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 376.08 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 393.59 233.10 Td (complying ) Tj ET Q q 0 0 0 rg BT 439.42 233.10 Td (with ) Tj ET Q q 0 0 0 rg BT 460.27 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.55 233.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 500.83 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 512.22 233.10 Td (its ) Tj ET Q q 0 0 0 rg BT 524.73 233.10 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (arrangements\), ) Tj ET Q q 0 0 0 rg BT 111.92 221.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 129.64 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 144.59 221.10 Td (satisfaction ) Tj ET Q q 0 0 0 rg BT 192.85 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 203.91 221.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 248.85 221.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 291.29 221.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 308.46 221.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 358.96 221.10 Td (and ) Tj ET Q q 0 0 0 rg BT 376.13 221.10 Td (other ) Tj ET Q q 0 0 0 rg BT 399.40 221.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 446.01 221.10 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 501.51 221.10 Td (and ) Tj ET Q q 0 0 0 rg BT 518.67 221.10 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 533.06 221.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.22 209.10 Td (payments. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 185.10 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 98.22 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.05 185.10 Td (our ) Tj ET Q q 0 0 0 rg BT 126.00 185.10 Td (Subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 161.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.28 161.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 113.51 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 123.74 161.10 Td (cash, ) Tj ET Q q 0 0 0 rg BT 146.46 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.12 161.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 195.23 161.10 Td (sources ) Tj ET Q q 0 0 0 rg BT 227.67 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 238.45 161.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 274.79 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 285.58 161.10 Td (our ) Tj ET Q q 0 0 0 rg BT 301.36 161.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 341.57 161.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 391.24 161.10 Td (are ) Tj ET Q q 0 0 0 rg BT 405.90 161.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 426.12 161.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 464.12 161.10 Td (by ) Tj ET Q q 0 0 0 rg BT 476.57 161.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 520.67 161.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 540.06 161.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 161.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (case ) Tj ET Q q 0 0 0 rg BT 69.21 149.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.04 149.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 106.42 149.10 Td (B.V) Tj ET Q q 0 0 0 rg BT 121.53 149.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.03 149.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.53 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.46 149.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 173.17 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.00 149.10 Td (its ) Tj ET Q q 0 0 0 rg BT 195.95 149.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 248.16 149.10 Td (any ) Tj ET Q q 0 0 0 rg BT 265.10 149.10 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 309.26 149.10 Td (availability ) Tj ET Q q 0 0 0 rg BT 356.75 149.10 Td (under ) Tj ET Q q 0 0 0 rg BT 382.01 149.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.73 149.10 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 440.90 149.10 Td (Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.56 149.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 137.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 125.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.76 125.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 126.36 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 139.40 125.10 Td (our ) Tj ET Q q 0 0 0 rg BT 157.44 125.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 199.92 125.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 251.85 125.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 293.76 125.10 Td (is ) Tj ET Q q 0 0 0 rg BT 305.14 125.10 Td (used ) Tj ET Q q 0 0 0 rg BT 328.18 125.10 Td (to ) Tj ET Q q 0 0 0 rg BT 340.67 125.10 Td (fund ) Tj ET Q q 0 0 0 rg BT 363.72 125.10 Td (property ) Tj ET Q q 0 0 0 rg BT 402.30 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.45 125.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 468.38 125.10 Td (additions, ) Tj ET Q q 0 0 0 rg BT 512.25 125.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 534.18 125.10 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 108.46 113.10 Td (and ) Tj ET Q q 0 0 0 rg BT 127.16 113.10 Td (other ) Tj ET Q q 0 0 0 rg BT 151.96 113.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 190.11 113.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 246.57 113.10 Td (that ) Tj ET Q q 0 0 0 rg BT 265.82 113.10 Td (may ) Tj ET Q q 0 0 0 rg BT 287.30 113.10 Td (arise ) Tj ET Q q 0 0 0 rg BT 310.43 113.10 Td (from ) Tj ET Q q 0 0 0 rg BT 334.13 113.10 Td (time ) Tj ET Q q 0 0 0 rg BT 356.16 113.10 Td (to ) Tj ET Q q 0 0 0 rg BT 368.20 113.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 392.73 113.10 Td (For ) Tj ET Q q 0 0 0 rg BT 410.88 113.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 455.13 113.10 Td (information ) Tj ET Q q 0 0 0 rg BT 506.59 113.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 549.17 113.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 101.83 101.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 121.39 101.10 Td (flows, ) Tj ET Q q 0 0 0 rg BT 147.90 101.10 Td (see ) Tj ET Q q 0 0 0 rg BT 162.46 101.10 Td (the ) Tj ET Q q 0 0 0 rg BT 176.46 101.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 219.92 101.10 Td (under) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 242.69 101.10 Td ( ) Tj ET Q q 0 0 0 rg BT 244.48 101.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 299.60 101.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 344.71 101.10 Td (of ) Tj ET Q q 0 0 0 rg BT 354.28 101.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 376.63 101.10 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.08 101.10 Td ( ) Tj ET Q q 0 0 0 rg BT 402.87 101.10 Td (below) Tj ET Q q 0 0 0 rg BT 426.66 101.10 Td (. ) Tj ET Q q 0 0 0 rg BT 430.94 101.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 448.29 101.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 497.29 101.10 Td (may ) Tj ET Q q 0 0 0 rg BT 516.30 101.10 Td (also ) Tj ET Q q 0 0 0 rg BT 534.19 101.10 Td (require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 84.12 89.10 Td (in ) Tj ET Q q 0 0 0 rg BT 95.40 89.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 142.78 89.10 Td (with ) Tj ET Q q 0 0 0 rg BT 164.07 89.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 177.02 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.74 89.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 238.45 89.10 Td (of ) Tj ET Q q 0 0 0 rg BT 250.29 89.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 287.69 89.10 Td (due ) Tj ET Q q 0 0 0 rg BT 305.63 89.10 Td (under ) Tj ET Q q 0 0 0 rg BT 331.91 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.63 89.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 393.91 89.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.85 89.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 466.44 89.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 487.17 89.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 537.34 89.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 89.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 101.82 77.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 116.63 77.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 167.01 77.10 Td (and ) Tj ET Q q 0 0 0 rg BT 184.05 77.10 Td (other ) Tj ET Q q 0 0 0 rg BT 207.19 77.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 253.67 77.10 Td (opportunities, ) Tj ET Q q 0 0 0 rg BT 311.55 77.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 329.14 77.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 381.75 77.10 Td (or ) Tj ET Q q 0 0 0 rg BT 392.68 77.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 416.39 77.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.58 77.10 Td (V) Tj ET Q q 0 0 0 rg BT 432.51 77.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.60 77.10 Td ( ) Tj ET Q q 0 0 0 rg BT 491.20 77.10 Td (\(and ) Tj ET Q q 0 0 0 rg BT 511.57 77.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 554.72 77.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.88 65.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.19 65.10 Td (s ) Tj ET Q q 0 0 0 rg BT 118.24 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 128.73 65.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.95 65.10 Td (V) Tj ET Q q 0 0 0 rg BT 148.89 65.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 207.14 65.10 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.25 65.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 223.74 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 240.34 65.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 256.94 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.31 65.10 Td (satisfaction ) Tj ET Q q 0 0 0 rg BT 319.02 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.51 65.10 Td (contingencies. ) Tj ET Q q 0 0 0 rg BT 389.15 65.10 Td (No ) Tj ET Q q 0 0 0 rg BT 403.53 65.10 Td (assurance ) Tj ET Q q 0 0 0 rg BT 444.55 65.10 Td (can ) Tj ET Q q 0 0 0 rg BT 460.59 65.10 Td (be ) Tj ET Q q 0 0 0 rg BT 472.19 65.10 Td (given ) Tj ET Q q 0 0 0 rg BT 496.57 65.10 Td (that ) Tj ET Q q 0 0 0 rg BT 513.72 65.10 Td (any ) Tj ET Q q 0 0 0 rg BT 530.32 65.10 Td (external ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 83.11 53.10 Td (would ) Tj ET Q q 0 0 0 rg BT 110.61 53.10 Td (be ) Tj ET Q q 0 0 0 rg BT 122.55 53.10 Td (available ) Tj ET Q q 0 0 0 rg BT 161.14 53.10 Td (to ) Tj ET Q q 0 0 0 rg BT 171.41 53.10 Td (our ) Tj ET Q q 0 0 0 rg BT 187.24 53.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 236.96 53.10 Td (on ) Tj ET Q q 0 0 0 rg BT 249.46 53.10 Td (favorable ) Tj ET Q q 0 0 0 rg BT 289.71 53.10 Td (terms, ) Tj ET Q q 0 0 0 rg BT 316.93 53.10 Td (or ) Tj ET Q q 0 0 0 rg BT 327.76 53.10 Td (at ) Tj ET Q q 0 0 0 rg BT 337.48 53.10 Td (all. ) Tj ET Q endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-20) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 701.25 Td (Capitalization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 677.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.97 677.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 140.52 677.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.52 677.25 Td (, ) Tj ET Q q 0 0 0 rg BT 166.49 677.25 Td (our ) Tj ET Q q 0 0 0 rg BT 183.29 677.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 233.42 677.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 279.65 677.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 300.34 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 318.24 677.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 348.36 677.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 371.82 677.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 419.73 677.25 Td (aggregated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.06 677.25 Td (1) Tj ET Q q 0 0 0 rg BT 476.69 677.25 Td (1.0 ) Tj ET Q q 0 0 0 rg BT 492.66 677.25 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.77 677.25 Td (, ) Tj ET Q q 0 0 0 rg BT 524.74 677.25 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (1,005.7 ) Tj ET Q q 0 0 0 rg BT 86.13 665.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.02 665.25 Td ( ) Tj ET Q q 0 0 0 rg BT 116.66 665.25 Td (that ) Tj ET Q q 0 0 0 rg BT 133.28 665.25 Td (is ) Tj ET Q q 0 0 0 rg BT 141.59 665.25 Td (classified ) Tj ET Q q 0 0 0 rg BT 180.98 665.25 Td (as ) Tj ET Q q 0 0 0 rg BT 190.94 665.25 Td (current ) Tj ET Q q 0 0 0 rg BT 220.89 665.25 Td (in ) Tj ET Q q 0 0 0 rg BT 230.30 665.25 Td (our ) Tj ET Q q 0 0 0 rg BT 245.27 665.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 297.44 665.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 329.60 665.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 351.78 665.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.85 665.25 Td (9.9 ) Tj ET Q q 0 0 0 rg BT 386.99 665.25 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.10 665.25 Td ( ) Tj ET Q q 0 0 0 rg BT 414.73 665.25 Td (that ) Tj ET Q q 0 0 0 rg BT 431.36 665.25 Td (is ) Tj ET Q q 0 0 0 rg BT 439.66 665.25 Td (not ) Tj ET Q q 0 0 0 rg BT 454.07 665.25 Td (due ) Tj ET Q q 0 0 0 rg BT 470.14 665.25 Td (until ) Tj ET Q q 0 0 0 rg BT 490.11 665.25 Td (2021 ) Tj ET Q q 0 0 0 rg BT 511.74 665.25 Td (or ) Tj ET Q q 0 0 0 rg BT 521.71 665.25 Td (thereafter) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 560.01 665.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (For ) Tj ET Q q 0 0 0 rg BT 65.89 653.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 108.38 653.25 Td (information ) Tj ET Q q 0 0 0 rg BT 158.09 653.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 198.91 653.25 Td (our ) Tj ET Q q 0 0 0 rg BT 214.74 653.25 Td (current ) Tj ET Q q 0 0 0 rg BT 245.55 653.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 265.27 653.25 Td (maturities, ) Tj ET Q q 0 0 0 rg BT 310.26 653.25 Td (see ) Tj ET Q q 0 0 0 rg BT 325.53 653.25 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.25 653.25 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.25 653.25 Td ( ) Tj ET Q q 0 0 0 rg BT 352.75 653.25 Td (to ) Tj ET Q q 0 0 0 rg BT 363.03 653.25 Td (our ) Tj ET Q q 0 0 0 rg BT 378.86 653.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 431.90 653.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 469.38 653.25 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 629.25 Td (As ) Tj ET Q q 0 0 0 rg BT 81.90 629.25 Td (further ) Tj ET Q q 0 0 0 rg BT 112.40 629.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 154.02 629.25 Td (in ) Tj ET Q q 0 0 0 rg BT 165.09 629.25 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.60 629.25 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.60 629.25 Td ( ) Tj ET Q q 0 0 0 rg BT 193.89 629.25 Td (to ) Tj ET Q q 0 0 0 rg BT 204.96 629.25 Td (our ) Tj ET Q q 0 0 0 rg BT 221.58 629.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 275.42 629.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 313.69 629.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 361.69 629.25 Td (we ) Tj ET Q q 0 0 0 rg BT 376.64 629.25 Td (use ) Tj ET Q q 0 0 0 rg BT 393.26 629.25 Td (derivative ) Tj ET Q q 0 0 0 rg BT 436.53 629.25 Td (instruments ) Tj ET Q q 0 0 0 rg BT 486.49 629.25 Td (to ) Tj ET Q q 0 0 0 rg BT 497.56 629.25 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 533.62 629.25 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 86.98 617.25 Td (and ) Tj ET Q q 0 0 0 rg BT 103.91 617.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 135.85 617.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 153.33 617.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 170.83 617.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 214.43 617.25 Td (with ) Tj ET Q q 0 0 0 rg BT 234.71 617.25 Td (our ) Tj ET Q q 0 0 0 rg BT 250.54 617.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 270.25 617.25 Td (instruments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 593.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.43 593.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 113.36 593.25 Td (to ) Tj ET Q q 0 0 0 rg BT 123.52 593.25 Td (service ) Tj ET Q q 0 0 0 rg BT 154.21 593.25 Td (or ) Tj ET Q q 0 0 0 rg BT 164.92 593.25 Td (refinance ) Tj ET Q q 0 0 0 rg BT 204.50 593.25 Td (our ) Tj ET Q q 0 0 0 rg BT 220.21 593.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 239.80 593.25 Td (and ) Tj ET Q q 0 0 0 rg BT 256.62 593.25 Td (to ) Tj ET Q q 0 0 0 rg BT 266.78 593.25 Td (maintain ) Tj ET Q q 0 0 0 rg BT 304.15 593.25 Td (compliance ) Tj ET Q q 0 0 0 rg BT 352.62 593.25 Td (with ) Tj ET Q q 0 0 0 rg BT 372.77 593.25 Td (the ) Tj ET Q q 0 0 0 rg BT 387.37 593.25 Td (leverage ) Tj ET Q q 0 0 0 rg BT 423.61 593.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 465.98 593.25 Td (in ) Tj ET Q q 0 0 0 rg BT 476.13 593.25 Td (our ) Tj ET Q q 0 0 0 rg BT 491.84 593.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 516.99 593.25 Td (agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 65.80 581.25 Td (indentures ) Tj ET Q q 0 0 0 rg BT 109.32 581.25 Td (is ) Tj ET Q q 0 0 0 rg BT 117.85 581.25 Td (dependent ) Tj ET Q q 0 0 0 rg BT 160.81 581.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 199.88 581.25 Td (on ) Tj ET Q q 0 0 0 rg BT 211.75 581.25 Td (our ) Tj ET Q q 0 0 0 rg BT 226.94 581.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 254.35 581.25 Td (to ) Tj ET Q q 0 0 0 rg BT 263.99 581.25 Td (maintain ) Tj ET Q q 0 0 0 rg BT 300.85 581.25 Td (or ) Tj ET Q q 0 0 0 rg BT 311.04 581.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 345.66 581.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.85 581.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 401.04 581.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 581.25 Td ( ) Tj ET Q q 0 0 0 rg BT 439.01 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 455.31 581.25 Td (to ) Tj ET Q q 0 0 0 rg BT 464.95 581.25 Td (achieve ) Tj ET Q q 0 0 0 rg BT 497.35 581.25 Td (adequate ) Tj ET Q q 0 0 0 rg BT 534.74 581.25 Td (returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (on ) Tj ET Q q 0 0 0 rg BT 63.00 569.25 Td (our ) Tj ET Q q 0 0 0 rg BT 79.83 569.25 Td (property ) Tj ET Q q 0 0 0 rg BT 117.20 569.25 Td (and ) Tj ET Q q 0 0 0 rg BT 135.14 569.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 180.85 569.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 221.01 569.25 Td (and ) Tj ET Q q 0 0 0 rg BT 238.94 569.25 Td (acquisitions. ) Tj ET Q q 0 0 0 rg BT 292.71 569.25 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 331.21 569.25 Td (to ) Tj ET Q q 0 0 0 rg BT 342.49 569.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.20 569.25 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 413.14 569.25 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.56 569.25 Td (, ) Tj ET Q q 0 0 0 rg BT 463.56 569.25 Td (we ) Tj ET Q q 0 0 0 rg BT 478.71 569.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 508.31 569.25 Td (to ) Tj ET Q q 0 0 0 rg BT 519.58 569.25 Td (maintain ) Tj ET Q q 0 0 0 rg BT 558.07 569.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (leverage ) Tj ET Q q 0 0 0 rg BT 85.66 557.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 106.29 557.25 Td (between ) Tj ET Q q 0 0 0 rg BT 141.90 557.25 Td (4.5 ) Tj ET Q q 0 0 0 rg BT 156.70 557.25 Td (and ) Tj ET Q q 0 0 0 rg BT 173.44 557.25 Td (5.0 ) Tj ET Q q 0 0 0 rg BT 188.23 557.25 Td (times ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.20 557.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 252.82 557.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.48 557.25 Td (. ) Tj ET Q q 0 0 0 rg BT 294.28 557.25 Td (In ) Tj ET Q q 0 0 0 rg BT 304.91 557.25 Td (addition, ) Tj ET Q q 0 0 0 rg BT 342.48 557.25 Td (our ) Tj ET Q q 0 0 0 rg BT 358.11 557.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 385.96 557.25 Td (to ) Tj ET Q q 0 0 0 rg BT 396.04 557.25 Td (obtain ) Tj ET Q q 0 0 0 rg BT 423.33 557.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 465.62 557.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 485.14 557.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 525.20 557.25 Td (is ) Tj ET Q q 0 0 0 rg BT 534.17 557.25 Td (limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (by ) Tj ET Q q 0 0 0 rg BT 62.06 545.25 Td (the ) Tj ET Q q 0 0 0 rg BT 76.84 545.25 Td (leverage ) Tj ET Q q 0 0 0 rg BT 113.27 545.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 155.81 545.25 Td (contained ) Tj ET Q q 0 0 0 rg BT 197.25 545.25 Td (in ) Tj ET Q q 0 0 0 rg BT 207.59 545.25 Td (the ) Tj ET Q q 0 0 0 rg BT 222.37 545.25 Td (various ) Tj ET Q q 0 0 0 rg BT 254.37 545.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 274.15 545.25 Td (instruments ) Tj ET Q q 0 0 0 rg BT 323.38 545.25 Td (of ) Tj ET Q q 0 0 0 rg BT 334.27 545.25 Td (our ) Tj ET Q q 0 0 0 rg BT 350.16 545.25 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 402.44 545.25 Td (In ) Tj ET Q q 0 0 0 rg BT 413.33 545.25 Td (this ) Tj ET Q q 0 0 0 rg BT 430.34 545.25 Td (regard, ) Tj ET Q q 0 0 0 rg BT 460.94 545.25 Td (if ) Tj ET Q q 0 0 0 rg BT 469.62 545.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.51 545.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 526.40 545.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (were ) Tj ET Q q 0 0 0 rg BT 71.47 533.25 Td (to ) Tj ET Q q 0 0 0 rg BT 81.80 533.25 Td (decline, ) Tj ET Q q 0 0 0 rg BT 115.72 533.25 Td (we ) Tj ET Q q 0 0 0 rg BT 129.92 533.25 Td (could ) Tj ET Q q 0 0 0 rg BT 154.68 533.25 Td (be ) Tj ET Q q 0 0 0 rg BT 166.67 533.25 Td (required ) Tj ET Q q 0 0 0 rg BT 202.53 533.25 Td (to ) Tj ET Q q 0 0 0 rg BT 212.85 533.25 Td (repay ) Tj ET Q q 0 0 0 rg BT 237.60 533.25 Td (or ) Tj ET Q q 0 0 0 rg BT 248.48 533.25 Td (limit ) Tj ET Q q 0 0 0 rg BT 269.92 533.25 Td (our ) Tj ET Q q 0 0 0 rg BT 285.79 533.25 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 333.89 533.25 Td (under ) Tj ET Q q 0 0 0 rg BT 359.20 533.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.97 533.25 Td (Credit ) Tj ET Q q 0 0 0 rg BT 401.51 533.25 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.06 533.25 Td ( ) Tj ET Q q 0 0 0 rg BT 434.60 533.25 Td (in ) Tj ET Q q 0 0 0 rg BT 444.93 533.25 Td (order ) Tj ET Q q 0 0 0 rg BT 468.57 533.25 Td (to ) Tj ET Q q 0 0 0 rg BT 478.89 533.25 Td (maintain ) Tj ET Q q 0 0 0 rg BT 516.43 533.25 Td (compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (with ) Tj ET Q q 0 0 0 rg BT 70.59 521.25 Td (applicable ) Tj ET Q q 0 0 0 rg BT 114.99 521.25 Td (covenants. ) Tj ET Q q 0 0 0 rg BT 160.78 521.25 Td (No ) Tj ET Q q 0 0 0 rg BT 176.31 521.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 218.49 521.25 Td (can ) Tj ET Q q 0 0 0 rg BT 235.68 521.25 Td (be ) Tj ET Q q 0 0 0 rg BT 248.42 521.25 Td (given ) Tj ET Q q 0 0 0 rg BT 273.95 521.25 Td (that ) Tj ET Q q 0 0 0 rg BT 292.25 521.25 Td (we ) Tj ET Q q 0 0 0 rg BT 307.22 521.25 Td (would ) Tj ET Q q 0 0 0 rg BT 335.53 521.25 Td (have ) Tj ET Q q 0 0 0 rg BT 357.72 521.25 Td (suf) Tj ET Q q 0 0 0 rg BT 369.76 521.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 398.61 521.25 Td (sources ) Tj ET Q q 0 0 0 rg BT 431.91 521.25 Td (of ) Tj ET Q q 0 0 0 rg BT 443.55 521.25 Td (liquidity) Tj ET Q q 0 0 0 rg BT 476.79 521.25 Td (, ) Tj ET Q q 0 0 0 rg BT 482.60 521.25 Td (or ) Tj ET Q q 0 0 0 rg BT 494.24 521.25 Td (that ) Tj ET Q q 0 0 0 rg BT 512.55 521.25 Td (any ) Tj ET Q q 0 0 0 rg BT 530.30 521.25 Td (external ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.25 Td (funding ) Tj ET Q q 0 0 0 rg BT 82.91 509.25 Td (would ) Tj ET Q q 0 0 0 rg BT 110.21 509.25 Td (be ) Tj ET Q q 0 0 0 rg BT 121.95 509.25 Td (available ) Tj ET Q q 0 0 0 rg BT 160.34 509.25 Td (on ) Tj ET Q q 0 0 0 rg BT 172.64 509.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 212.70 509.25 Td (terms, ) Tj ET Q q 0 0 0 rg BT 239.72 509.25 Td (or ) Tj ET Q q 0 0 0 rg BT 250.35 509.25 Td (at ) Tj ET Q q 0 0 0 rg BT 259.86 509.25 Td (all, ) Tj ET Q q 0 0 0 rg BT 274.66 509.25 Td (to ) Tj ET Q q 0 0 0 rg BT 284.74 509.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 305.37 509.25 Td (any ) Tj ET Q q 0 0 0 rg BT 322.11 509.25 Td (such ) Tj ET Q q 0 0 0 rg BT 342.74 509.25 Td (required ) Tj ET Q q 0 0 0 rg BT 378.36 509.25 Td (repayment. ) Tj ET Q q 0 0 0 rg BT 425.20 509.25 Td (W) Tj ET Q q 0 0 0 rg BT 433.83 509.25 Td (e ) Tj ET Q q 0 0 0 rg BT 440.57 509.25 Td (do ) Tj ET Q q 0 0 0 rg BT 452.88 509.25 Td (not ) Tj ET Q q 0 0 0 rg BT 467.96 509.25 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 509.12 509.25 Td (any ) Tj ET Q q 0 0 0 rg BT 525.86 509.25 Td (instances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.44 497.25 Td (non-compliance ) Tj ET Q q 0 0 0 rg BT 125.47 497.25 Td (with ) Tj ET Q q 0 0 0 rg BT 144.87 497.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 174.79 497.25 Td (to ) Tj ET Q q 0 0 0 rg BT 184.19 497.25 Td (any ) Tj ET Q q 0 0 0 rg BT 200.24 497.25 Td (of ) Tj ET Q q 0 0 0 rg BT 210.18 497.25 Td (our ) Tj ET Q q 0 0 0 rg BT 225.12 497.25 Td (subsidiaries) Tj ET Q q 0 0 0 rg BT 274.93 497.25 Td ( ) Tj ET Q q 0 0 0 rg BT 276.54 497.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 295.37 497.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 336.97 497.25 Td (that ) Tj ET Q q 0 0 0 rg BT 353.58 497.25 Td (would ) Tj ET Q q 0 0 0 rg BT 380.19 497.25 Td (have ) Tj ET Q q 0 0 0 rg BT 400.68 497.25 Td (a ) Tj ET Q q 0 0 0 rg BT 406.73 497.25 Td (material ) Tj ET Q q 0 0 0 rg BT 441.10 497.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 473.25 497.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 502.08 497.25 Td (on ) Tj ET Q q 0 0 0 rg BT 513.69 497.25 Td (our ) Tj ET Q q 0 0 0 rg BT 528.63 497.25 Td (liquidity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (during ) Tj ET Q q 0 0 0 rg BT 78.11 485.25 Td (the ) Tj ET Q q 0 0 0 rg BT 92.83 485.25 Td (next ) Tj ET Q q 0 0 0 rg BT 112.54 485.25 Td (12 ) Tj ET Q q 0 0 0 rg BT 125.04 485.25 Td (months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 461.25 Td (Notwithstanding ) Tj ET Q q 0 0 0 rg BT 136.95 461.25 Td (our ) Tj ET Q q 0 0 0 rg BT 153.06 461.25 Td (negative ) Tj ET Q q 0 0 0 rg BT 189.71 461.25 Td (working ) Tj ET Q q 0 0 0 rg BT 225.83 461.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 255.26 461.25 Td (position ) Tj ET Q q 0 0 0 rg BT 290.27 461.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.27 461.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 359.13 461.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.13 461.25 Td (, ) Tj ET Q q 0 0 0 rg BT 384.42 461.25 Td (we ) Tj ET Q q 0 0 0 rg BT 398.86 461.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 430.51 461.25 Td (that ) Tj ET Q q 0 0 0 rg BT 448.29 461.25 Td (we ) Tj ET Q q 0 0 0 rg BT 462.73 461.25 Td (have ) Tj ET Q q 0 0 0 rg BT 484.39 461.25 Td (suf) Tj ET Q q 0 0 0 rg BT 496.43 461.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 524.76 461.25 Td (resources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (to ) Tj ET Q q 0 0 0 rg BT 59.19 449.25 Td (repay ) Tj ET Q q 0 0 0 rg BT 83.30 449.25 Td (or ) Tj ET Q q 0 0 0 rg BT 93.54 449.25 Td (refinance ) Tj ET Q q 0 0 0 rg BT 132.64 449.25 Td (the ) Tj ET Q q 0 0 0 rg BT 146.77 449.25 Td (current ) Tj ET Q q 0 0 0 rg BT 177.00 449.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 207.79 449.25 Td (of ) Tj ET Q q 0 0 0 rg BT 218.03 449.25 Td (our ) Tj ET Q q 0 0 0 rg BT 233.27 449.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 252.40 449.25 Td (and ) Tj ET Q q 0 0 0 rg BT 268.74 449.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 297.30 449.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 319.20 449.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 365.55 449.25 Td (and ) Tj ET Q q 0 0 0 rg BT 381.90 449.25 Td (to ) Tj ET Q q 0 0 0 rg BT 391.58 449.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 411.82 449.25 Td (our ) Tj ET Q q 0 0 0 rg BT 427.06 449.25 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 474.50 449.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 510.30 449.25 Td (requirements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (during ) Tj ET Q q 0 0 0 rg BT 78.54 437.25 Td (the ) Tj ET Q q 0 0 0 rg BT 93.68 437.25 Td (next ) Tj ET Q q 0 0 0 rg BT 113.82 437.25 Td (12 ) Tj ET Q q 0 0 0 rg BT 126.75 437.25 Td (months. ) Tj ET Q q 0 0 0 rg BT 161.63 437.25 Td (However) Tj ET Q q 0 0 0 rg BT 197.88 437.25 Td (, ) Tj ET Q q 0 0 0 rg BT 203.30 437.25 Td (as ) Tj ET Q q 0 0 0 rg BT 214.56 437.25 Td (our ) Tj ET Q q 0 0 0 rg BT 230.82 437.25 Td (maturing ) Tj ET Q q 0 0 0 rg BT 269.85 437.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 289.99 437.25 Td (grows ) Tj ET Q q 0 0 0 rg BT 317.36 437.25 Td (in ) Tj ET Q q 0 0 0 rg BT 328.07 437.25 Td (later ) Tj ET Q q 0 0 0 rg BT 348.76 437.25 Td (years, ) Tj ET Q q 0 0 0 rg BT 375.29 437.25 Td (we ) Tj ET Q q 0 0 0 rg BT 389.87 437.25 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 431.67 437.25 Td (that ) Tj ET Q q 0 0 0 rg BT 449.59 437.25 Td (we ) Tj ET Q q 0 0 0 rg BT 464.18 437.25 Td (will ) Tj ET Q q 0 0 0 rg BT 482.66 437.25 Td (seek ) Tj ET Q q 0 0 0 rg BT 503.36 437.25 Td (to ) Tj ET Q q 0 0 0 rg BT 514.06 437.25 Td (refinance ) Tj ET Q q 0 0 0 rg BT 554.18 437.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 91.07 425.25 Td (extend ) Tj ET Q q 0 0 0 rg BT 120.43 425.25 Td (our ) Tj ET Q q 0 0 0 rg BT 136.45 425.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 156.37 425.25 Td (maturities. ) Tj ET Q q 0 0 0 rg BT 201.55 425.25 Td (No ) Tj ET Q q 0 0 0 rg BT 216.47 425.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 258.04 425.25 Td (can ) Tj ET Q q 0 0 0 rg BT 274.61 425.25 Td (be ) Tj ET Q q 0 0 0 rg BT 286.74 425.25 Td (given ) Tj ET Q q 0 0 0 rg BT 311.66 425.25 Td (that ) Tj ET Q q 0 0 0 rg BT 329.35 425.25 Td (we ) Tj ET Q q 0 0 0 rg BT 343.71 425.25 Td (will ) Tj ET Q q 0 0 0 rg BT 361.96 425.25 Td (be ) Tj ET Q q 0 0 0 rg BT 374.10 425.25 Td (able ) Tj ET Q q 0 0 0 rg BT 393.45 425.25 Td (to ) Tj ET Q q 0 0 0 rg BT 403.92 425.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 443.27 425.25 Td (these ) Tj ET Q q 0 0 0 rg BT 466.51 425.25 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 514.74 425.25 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (or ) Tj ET Q q 0 0 0 rg BT 59.61 413.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 100.27 413.25 Td (extend ) Tj ET Q q 0 0 0 rg BT 128.71 413.25 Td (our ) Tj ET Q q 0 0 0 rg BT 143.82 413.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 162.82 413.25 Td (maturities. ) Tj ET Q q 0 0 0 rg BT 207.09 413.25 Td (In ) Tj ET Q q 0 0 0 rg BT 217.20 413.25 Td (this ) Tj ET Q q 0 0 0 rg BT 233.43 413.25 Td (regard, ) Tj ET Q q 0 0 0 rg BT 263.25 413.25 Td (it ) Tj ET Q q 0 0 0 rg BT 270.58 413.25 Td (is ) Tj ET Q q 0 0 0 rg BT 279.04 413.25 Td (not ) Tj ET Q q 0 0 0 rg BT 293.59 413.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 328.15 413.25 Td (to ) Tj ET Q q 0 0 0 rg BT 337.71 413.25 Td (predict ) Tj ET Q q 0 0 0 rg BT 367.26 413.25 Td (how ) Tj ET Q q 0 0 0 rg BT 386.26 413.25 Td (political ) Tj ET Q q 0 0 0 rg BT 420.81 413.25 Td (and ) Tj ET Q q 0 0 0 rg BT 437.03 413.25 Td (economic ) Tj ET Q q 0 0 0 rg BT 477.68 413.25 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 523.63 413.25 Td (sovereign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 69.88 401.25 Td (concerns ) Tj ET Q q 0 0 0 rg BT 108.59 401.25 Td (or ) Tj ET Q q 0 0 0 rg BT 120.09 401.25 Td (any ) Tj ET Q q 0 0 0 rg BT 137.69 401.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 171.40 401.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 215.66 401.25 Td (developments ) Tj ET Q q 0 0 0 rg BT 274.37 401.25 Td (could ) Tj ET Q q 0 0 0 rg BT 299.76 401.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 330.14 401.25 Td (the ) Tj ET Q q 0 0 0 rg BT 345.52 401.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 371.45 401.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 406.28 401.25 Td (we ) Tj ET Q q 0 0 0 rg BT 421.10 401.25 Td (access ) Tj ET Q q 0 0 0 rg BT 449.81 401.25 Td (and, ) Tj ET Q q 0 0 0 rg BT 469.92 401.25 Td (accordingly) Tj ET Q q 0 0 0 rg BT 516.47 401.25 Td (, ) Tj ET Q q 0 0 0 rg BT 522.14 401.25 Td (our ) Tj ET Q q 0 0 0 rg BT 538.63 401.25 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 85.75 389.25 Td (and ) Tj ET Q q 0 0 0 rg BT 102.55 389.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 139.89 389.25 Td (position. ) Tj ET Q q 0 0 0 rg BT 176.98 389.25 Td (However) Tj ET Q q 0 0 0 rg BT 213.23 389.25 Td (, ) Tj ET Q q 0 0 0 rg BT 218.09 389.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 229.88 389.25 Td (the ) Tj ET Q q 0 0 0 rg BT 244.46 389.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 281.80 389.25 Td (failure ) Tj ET Q q 0 0 0 rg BT 310.26 389.25 Td (of ) Tj ET Q q 0 0 0 rg BT 320.95 389.25 Td (any ) Tj ET Q q 0 0 0 rg BT 337.74 389.25 Td (of ) Tj ET Q q 0 0 0 rg BT 348.43 389.25 Td (our ) Tj ET Q q 0 0 0 rg BT 364.12 389.25 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 423.12 389.25 Td (could ) Tj ET Q q 0 0 0 rg BT 447.70 389.25 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 461.16 389.25 Td (reduce ) Tj ET Q q 0 0 0 rg BT 490.16 389.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 526.41 389.25 Td (available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (under ) Tj ET Q q 0 0 0 rg BT 74.48 377.25 Td (committed ) Tj ET Q q 0 0 0 rg BT 119.46 377.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 144.44 377.25 Td (facilities ) Tj ET Q q 0 0 0 rg BT 181.08 377.25 Td (and ) Tj ET Q q 0 0 0 rg BT 197.73 377.25 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 211.61 377.25 Td (adversely ) Tj ET Q q 0 0 0 rg BT 252.14 377.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 281.56 377.25 Td (our ) Tj ET Q q 0 0 0 rg BT 297.11 377.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 324.87 377.25 Td (to ) Tj ET Q q 0 0 0 rg BT 334.86 377.25 Td (access ) Tj ET Q q 0 0 0 rg BT 362.61 377.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 382.60 377.25 Td (deposited ) Tj ET Q q 0 0 0 rg BT 423.13 377.25 Td (with ) Tj ET Q q 0 0 0 rg BT 443.13 377.25 Td (any ) Tj ET Q q 0 0 0 rg BT 459.78 377.25 Td (failed ) Tj ET Q q 0 0 0 rg BT 484.75 377.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 521.95 377.25 Td (institution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.58 365.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 81.43 365.25 Td (tightening ) Tj ET Q q 0 0 0 rg BT 124.62 365.25 Td (of ) Tj ET Q q 0 0 0 rg BT 135.59 365.25 Td (the ) Tj ET Q q 0 0 0 rg BT 150.44 365.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 175.85 365.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 210.14 365.25 Td (could ) Tj ET Q q 0 0 0 rg BT 235.00 365.25 Td (adversely ) Tj ET Q q 0 0 0 rg BT 275.95 365.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 305.80 365.25 Td (our ) Tj ET Q q 0 0 0 rg BT 321.77 365.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 349.96 365.25 Td (to ) Tj ET Q q 0 0 0 rg BT 360.37 365.25 Td (access ) Tj ET Q q 0 0 0 rg BT 388.55 365.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 408.40 365.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 448.81 365.25 Td (on ) Tj ET Q q 0 0 0 rg BT 461.44 365.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 501.84 365.25 Td (terms, ) Tj ET Q q 0 0 0 rg BT 529.19 365.25 Td (or ) Tj ET Q q 0 0 0 rg BT 540.16 365.25 Td (at ) Tj ET Q q 0 0 0 rg BT 550.01 365.25 Td (all. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td (In ) Tj ET Q q 0 0 0 rg BT 60.50 353.25 Td (addition, ) Tj ET Q q 0 0 0 rg BT 98.44 353.25 Td (sustained ) Tj ET Q q 0 0 0 rg BT 138.32 353.25 Td (or ) Tj ET Q q 0 0 0 rg BT 149.31 353.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 189.73 353.25 Td (competition, ) Tj ET Q q 0 0 0 rg BT 242.67 353.25 Td (particularly ) Tj ET Q q 0 0 0 rg BT 291.42 353.25 Td (in ) Tj ET Q q 0 0 0 rg BT 301.87 353.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 354.52 353.25 Td (with ) Tj ET Q q 0 0 0 rg BT 374.97 353.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 408.17 353.25 Td (economic ) Tj ET Q q 0 0 0 rg BT 449.71 353.25 Td (or ) Tj ET Q q 0 0 0 rg BT 460.71 353.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 504.47 353.25 Td (developments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (could ) Tj ET Q q 0 0 0 rg BT 74.22 341.25 Td (have ) Tj ET Q q 0 0 0 rg BT 95.59 341.25 Td (an ) Tj ET Q q 0 0 0 rg BT 107.53 341.25 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 157.79 341.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 187.50 341.25 Td (on ) Tj ET Q q 0 0 0 rg BT 200.00 341.25 Td (our ) Tj ET Q q 0 0 0 rg BT 215.83 341.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 236.10 341.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 260.82 341.25 Td (and ) Tj ET Q q 0 0 0 rg BT 277.76 341.25 Td (liquidity) Tj ET Q q 0 0 0 rg BT 311.00 341.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 317.25 Td (All ) Tj ET Q q 0 0 0 rg BT 82.78 317.25 Td (of ) Tj ET Q q 0 0 0 rg BT 93.61 317.25 Td (our ) Tj ET Q q 0 0 0 rg BT 109.44 317.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 129.16 317.25 Td (and ) Tj ET Q q 0 0 0 rg BT 146.09 317.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 175.24 317.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 197.73 317.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 244.67 317.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.39 317.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 312.97 317.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.97 317.25 Td ( ) Tj ET Q q 0 0 0 rg BT 335.47 317.25 Td (has ) Tj ET Q q 0 0 0 rg BT 351.30 317.25 Td (been ) Tj ET Q q 0 0 0 rg BT 372.68 317.25 Td (borrowed ) Tj ET Q q 0 0 0 rg BT 413.50 317.25 Td (or ) Tj ET Q q 0 0 0 rg BT 424.33 317.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 460.15 317.25 Td (by ) Tj ET Q q 0 0 0 rg BT 472.65 317.25 Td (our ) Tj ET Q q 0 0 0 rg BT 488.48 317.25 Td (subsidiaries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 293.25 Td (For ) Tj ET Q q 0 0 0 rg BT 83.20 293.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 125.00 293.25 Td (information ) Tj ET Q q 0 0 0 rg BT 174.01 293.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 214.14 293.25 Td (our ) Tj ET Q q 0 0 0 rg BT 229.27 293.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 248.30 293.25 Td (and ) Tj ET Q q 0 0 0 rg BT 264.54 293.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 293.00 293.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 314.79 293.25 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 363.54 293.25 Td (see ) Tj ET Q q 0 0 0 rg BT 378.12 293.25 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.14 293.25 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.14 293.25 Td ( ) Tj ET Q q 0 0 0 rg BT 403.95 293.25 Td (to ) Tj ET Q q 0 0 0 rg BT 413.53 293.25 Td (our ) Tj ET Q q 0 0 0 rg BT 428.67 293.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 481.02 293.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.80 293.25 Td (statements. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 269.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 114.90 269.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 162.40 269.25 Td (of ) Tj ET Q q 0 0 0 rg BT 173.23 269.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 196.85 269.25 Td (Flows) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 245.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 114.33 245.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 160.16 245.25 Td (of ) Tj ET Q q 0 0 0 rg BT 170.44 245.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 193.50 245.25 Td (Flows ) Tj ET Q q 0 0 0 rg BT 220.45 245.25 Td ( ) Tj ET Q q 0 0 0 rg BT 227.95 245.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 250.45 245.25 Td (compar) Tj ET Q q 0 0 0 rg BT 280.63 245.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 292.57 245.25 Td (to ) Tj ET Q q 0 0 0 rg BT 302.85 245.25 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 221.25 Td (Summary) Tj ET Q q 0 0 0 rg BT 104.72 221.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.22 221.25 Td ( ) Tj ET Q q 0 0 0 rg BT 109.72 221.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 127.77 221.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 180.82 221.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 225.53 221.25 Td (of ) Tj ET Q q 0 0 0 rg BT 236.36 221.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 256.63 221.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 281.35 221.25 Td (for ) Tj ET Q q 0 0 0 rg BT 295.51 221.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 318.01 221.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.95 221.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.95 221.25 Td ( ) Tj ET Q q 0 0 0 rg BT 357.45 221.25 Td (are ) Tj ET Q q 0 0 0 rg BT 372.15 221.25 Td (summarized ) Tj ET Q q 0 0 0 rg BT 423.53 221.25 Td (as ) Tj ET Q q 0 0 0 rg BT 434.36 221.25 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 141.75 334.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 141.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 141.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 141.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 141.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 141.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 111.75 334.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 111.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 111.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 111.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 111.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 111.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 81.75 334.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 81.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 81.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 81.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 81.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 81.75 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 196.75 m 441 196.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 196.75 m 445 196.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 196.75 m 502 196.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 168.75 m 441 168.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 154.75 m 441 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 168.75 m 445 168.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 168.75 m 502 168.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 154.75 m 502 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 154.75 m 563 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 66.75 m 441 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 66.75 m 502 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 66.75 m 441 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 52.75 m 441 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 50.75 m 441 50.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 66.75 m 502 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 52.75 m 502 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 50.75 m 502 50.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 66.75 m 563 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 52.75 m 563 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 50.75 m 563 50.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.80 201.20 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.95 187.20 Td (Y) Tj ET Q q 0 0 0 rg BT 426.95 187.20 Td (ear) Tj ET Q q 0 0 0 rg BT 438.86 187.20 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.30 173.20 Td (December) Tj ET Q q 0 0 0 rg BT 457.19 173.20 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 159.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 159.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.20 159.20 Td (Change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.85 146.15 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 116.42 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 116.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 116.42 Td (1,143.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 116.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 116.42 Td (1,231.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 116.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 116.47 Td (\(87.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 116.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 101.42 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.30 101.47 Td (\(202.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 101.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 101.47 Td (\(490.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 101.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 101.42 Td (288.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 86.42 Td (Net cash used by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.30 86.47 Td (\(976.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 86.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.80 86.47 Td (\(3,525.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 86.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 86.42 Td (2,548.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 71.42 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 71.42 Td (fect of exchange rate changes on cash and cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 71.42 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 71.42 Td (19.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 71.47 Td (\(18.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 71.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 56.42 Td (Net decrease in cash and cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 56.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.30 56.47 Td (\(35.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 56.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 56.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.80 56.47 Td (\(2,765.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 56.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 56.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 56.42 Td (2,730.2) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-21) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 701.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 111.18 701.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.89 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.46 701.10 Td (The ) Tj ET Q q 0 0 0 rg BT 171.78 701.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 208.97 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 219.52 701.10 Td (net ) Tj ET Q q 0 0 0 rg BT 234.51 701.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 255.05 701.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 293.37 701.10 Td (by ) Tj ET Q q 0 0 0 rg BT 306.15 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 322.25 701.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 362.79 701.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 401.66 701.10 Td (is ) Tj ET Q q 0 0 0 rg BT 411.10 701.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 451.09 701.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 499.40 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 509.95 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.94 701.10 Td (net ) Tj ET Q q 0 0 0 rg BT 539.93 701.10 Td (ef) Tj ET Q q 0 0 0 rg BT 547.52 701.10 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 689.10 Td (a ) Tj ET Q q 0 0 0 rg BT 67.27 689.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 104.18 689.10 Td (in ) Tj ET Q q 0 0 0 rg BT 114.46 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.18 689.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 149.45 689.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 187.49 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 199.99 689.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.82 689.10 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.28 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 237.78 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.71 689.10 Td (related ) Tj ET Q q 0 0 0 rg BT 284.42 689.10 Td (working ) Tj ET Q q 0 0 0 rg BT 320.25 689.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 349.40 689.10 Td (changes. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 665.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 106.85 665.10 Td (Activities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.45 665.10 Td (The ) Tj ET Q q 0 0 0 rg BT 167.90 665.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 205.22 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.89 665.10 Td (net ) Tj ET Q q 0 0 0 rg BT 231.01 665.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 251.68 665.10 Td (used ) Tj ET Q q 0 0 0 rg BT 272.91 665.10 Td (by ) Tj ET Q q 0 0 0 rg BT 285.81 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 302.04 665.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 341.61 665.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 380.61 665.10 Td (is ) Tj ET Q q 0 0 0 rg BT 390.18 665.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 430.29 665.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 478.73 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 489.40 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 496.74 665.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 534.06 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 544.74 665.10 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (used ) Tj ET Q q 0 0 0 rg BT 71.17 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 82.84 653.10 Td (281.7 ) Tj ET Q q 0 0 0 rg BT 113.68 653.10 Td (million ) Tj ET Q q 0 0 0 rg BT 145.91 653.10 Td (due ) Tj ET Q q 0 0 0 rg BT 163.68 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 174.80 653.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 200.91 653.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 230.90 653.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 285.33 653.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 316.44 653.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 345.33 653.10 Td (by ) Tj ET Q q 0 0 0 rg BT 358.67 653.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 399.76 653.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 442.53 653.10 Td (through ) Tj ET Q q 0 0 0 rg BT 476.98 653.10 Td (our ) Tj ET Q q 0 0 0 rg BT 493.64 653.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 524.75 653.10 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (program. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.04 617.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 113.69 617.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 166.78 617.10 Td (that ) Tj ET Q q 0 0 0 rg BT 183.77 617.10 Td (we ) Tj ET Q q 0 0 0 rg BT 197.43 617.10 Td (report ) Tj ET Q q 0 0 0 rg BT 223.30 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 233.07 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 248.40 617.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 300.94 617.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 345.15 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.47 617.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 375.24 617.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 399.46 617.10 Td (do ) Tj ET Q q 0 0 0 rg BT 411.45 617.10 Td (not ) Tj ET Q q 0 0 0 rg BT 426.23 617.10 Td (include ) Tj ET Q q 0 0 0 rg BT 457.66 617.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 493.54 617.10 Td (that ) Tj ET Q q 0 0 0 rg BT 510.53 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 525.86 617.10 Td (company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (has ) Tj ET Q q 0 0 0 rg BT 65.40 605.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 102.40 605.10 Td (under ) Tj ET Q q 0 0 0 rg BT 127.75 605.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 158.09 605.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 198.43 605.10 Td (or ) Tj ET Q q 0 0 0 rg BT 209.33 605.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 238.56 605.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 261.12 605.10 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 320.06 605.10 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 354.01 605.10 Td (these ) Tj ET Q q 0 0 0 rg BT 377.13 605.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 413.59 605.10 Td (are ) Tj ET Q q 0 0 0 rg BT 428.37 605.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 465.92 605.10 Td (as ) Tj ET Q q 0 0 0 rg BT 476.82 605.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 515.50 605.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 554.73 605.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.48 593.10 Td (property ) Tj ET Q q 0 0 0 rg BT 102.00 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 119.08 593.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 163.94 593.10 Td (when ) Tj ET Q q 0 0 0 rg BT 188.25 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.11 593.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 249.08 593.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 275.05 593.10 Td (are ) Tj ET Q q 0 0 0 rg BT 289.91 593.10 Td (delivered ) Tj ET Q q 0 0 0 rg BT 329.75 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 346.84 593.10 Td (as ) Tj ET Q q 0 0 0 rg BT 357.81 593.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 406.55 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 417.53 593.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 437.39 593.10 Td (when ) Tj ET Q q 0 0 0 rg BT 461.70 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.56 593.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 514.75 593.10 Td (is ) Tj ET Q q 0 0 0 rg BT 524.06 593.10 Td (repaid. ) Tj ET Q q 0 0 0 rg BT 554.19 593.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (this ) Tj ET Q q 0 0 0 rg BT 66.78 581.10 Td (discussion, ) Tj ET Q q 0 0 0 rg BT 113.77 581.10 Td (we ) Tj ET Q q 0 0 0 rg BT 128.26 581.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 149.95 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 160.56 581.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 172.83 581.10 Td (our ) Tj ET Q q 0 0 0 rg BT 188.98 581.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 218.46 581.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 272.38 581.10 Td (as ) Tj ET Q q 0 0 0 rg BT 283.54 581.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 319.68 581.10 Td (in ) Tj ET Q q 0 0 0 rg BT 330.29 581.10 Td (our ) Tj ET Q q 0 0 0 rg BT 346.44 581.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 399.81 581.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 444.85 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 456.01 581.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 476.60 581.10 Td (flows, ) Tj ET Q q 0 0 0 rg BT 504.15 581.10 Td (which ) Tj ET Q q 0 0 0 rg BT 531.42 581.10 Td (exclude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 85.34 569.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 121.71 569.10 Td (under ) Tj ET Q q 0 0 0 rg BT 146.44 569.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 176.16 569.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 215.87 569.10 Td (or ) Tj ET Q q 0 0 0 rg BT 226.15 569.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 254.76 569.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 276.69 569.10 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 335.01 569.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.40 569.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 365.57 569.10 Td (our ) Tj ET Q q 0 0 0 rg BT 380.85 569.10 Td (total ) Tj ET Q q 0 0 0 rg BT 400.58 569.10 Td (property ) Tj ET Q q 0 0 0 rg BT 436.41 569.10 Td (and ) Tj ET Q q 0 0 0 rg BT 452.80 569.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 496.96 569.10 Td (additions, ) Tj ET Q q 0 0 0 rg BT 538.08 569.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (include ) Tj ET Q q 0 0 0 rg BT 81.35 557.10 Td (our ) Tj ET Q q 0 0 0 rg BT 97.09 557.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 126.15 557.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 179.66 557.10 Td (on ) Tj ET Q q 0 0 0 rg BT 192.07 557.10 Td (an ) Tj ET Q q 0 0 0 rg BT 203.92 557.10 Td (accrual ) Tj ET Q q 0 0 0 rg BT 235.19 557.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 257.61 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.46 557.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 310.75 557.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 347.59 557.10 Td (under ) Tj ET Q q 0 0 0 rg BT 372.77 557.10 Td (capital-related ) Tj ET Q q 0 0 0 rg BT 432.37 557.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 462.55 557.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 502.72 557.10 Td (or ) Tj ET Q q 0 0 0 rg BT 513.46 557.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 542.53 557.10 Td (lease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 108.20 545.10 Td (For ) Tj ET Q q 0 0 0 rg BT 124.42 545.10 Td (further ) Tj ET Q q 0 0 0 rg BT 153.97 545.10 Td (details ) Tj ET Q q 0 0 0 rg BT 182.41 545.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 223.06 545.10 Td (our ) Tj ET Q q 0 0 0 rg BT 238.72 545.10 Td (property ) Tj ET Q q 0 0 0 rg BT 274.94 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.71 545.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 336.26 545.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 375.26 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 392.03 545.10 Td (our ) Tj ET Q q 0 0 0 rg BT 407.70 545.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 429.75 545.10 Td (see ) Tj ET Q q 0 0 0 rg BT 444.85 545.10 Td (notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 545.10 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 545.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.63 545.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.41 545.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.41 545.10 Td (, ) Tj ET Q q 0 0 0 rg BT 502.24 545.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 549.90 545.10 Td (, ) Tj ET Q q 0 0 0 rg BT 554.74 545.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 533.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 118.37 533.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 155.85 533.10 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 509.10 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 75.94 509.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 132.69 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 142.80 509.10 Td (our ) Tj ET Q q 0 0 0 rg BT 157.90 509.10 Td (property ) Tj ET Q q 0 0 0 rg BT 193.55 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 209.76 509.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 253.75 509.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 292.19 509.10 Td (to ) Tj ET Q q 0 0 0 rg BT 301.74 509.10 Td (our ) Tj ET Q q 0 0 0 rg BT 316.85 509.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 345.27 509.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 398.14 509.10 Td (as ) Tj ET Q q 0 0 0 rg BT 408.24 509.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 443.33 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 452.88 509.10 Td (our ) Tj ET Q q 0 0 0 rg BT 467.99 509.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 520.30 509.10 Td (statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 497.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 80.60 497.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 105.32 497.10 Td (is ) Tj ET Q q 0 0 0 rg BT 114.49 497.10 Td (set ) Tj ET Q q 0 0 0 rg BT 128.10 497.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 150.04 497.10 Td (below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 404.60 389.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 404.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 404.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 404.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 374.60 389.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 374.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 374.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 374.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 344.60 389.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 344.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 344.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 344.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 472.6 m 499 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 472.6 m 503 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 472.6 m 563 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 444.6 m 499 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 444.6 m 503 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 444.6 m 563 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 430.6 m 499 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 430.6 m 563 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 344.6 m 499 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 344.6 m 499 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 330.6 m 499 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 328.6 m 499 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 344.6 m 563 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 330.6 m 563 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 328.6 m 563 328.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.80 477.05 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.95 463.05 Td (Y) Tj ET Q q 0 0 0 rg BT 484.95 463.05 Td (ear) Tj ET Q q 0 0 0 rg BT 496.86 463.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.30 449.05 Td (December) Tj ET Q q 0 0 0 rg BT 513.19 449.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 435.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.50 435.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 422.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 394.27 Td (Property and equipment additions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 394.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 394.27 Td (836.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 394.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 394.27 Td (826.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 379.27 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 379.32 Td (\(572.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 379.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 379.32 Td (\(330.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 379.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 364.27 Td (Assets acquired under related-party capital leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.30 364.32 Td (\(23.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 364.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 364.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 349.27 Td (Changes in current liabilities related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.30 349.32 Td (\(27.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 349.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 349.32 Td (\(1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 349.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 334.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 334.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 334.27 Td (213.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 334.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 334.27 Td (495.2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 306.10 Td (The ) Tj ET Q q 0 0 0 rg BT 84.72 306.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 119.15 306.10 Td (in ) Tj ET Q q 0 0 0 rg BT 128.60 306.10 Td (our ) Tj ET Q q 0 0 0 rg BT 143.61 306.10 Td (property ) Tj ET Q q 0 0 0 rg BT 179.16 306.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.27 306.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 239.16 306.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 277.50 306.10 Td (is ) Tj ET Q q 0 0 0 rg BT 285.84 306.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 324.73 306.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 371.94 306.10 Td (to ) Tj ET Q q 0 0 0 rg BT 381.40 306.10 Td (an ) Tj ET Q q 0 0 0 rg BT 392.51 306.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 426.94 306.10 Td (in ) Tj ET Q q 0 0 0 rg BT 436.39 306.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 489.16 306.10 Td (for ) Tj ET Q q 0 0 0 rg BT 502.50 306.10 Td (the ) Tj ET Q q 0 0 0 rg BT 516.39 306.10 Td (distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (systems ) Tj ET Q q 0 0 0 rg BT 84.34 294.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 120.83 294.10 Td (of) Tj ET Q q 0 0 0 rg BT 128.98 294.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 146.58 294.10 Td (by ) Tj ET Q q 0 0 0 rg BT 159.75 294.10 Td (a ) Tj ET Q q 0 0 0 rg BT 167.36 294.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 204.94 294.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.89 294.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 255.72 294.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 294.43 294.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 339.81 294.10 Td (expenditures. ) Tj ET Q q 0 0 0 rg BT 396.58 294.10 Td (During ) Tj ET Q q 0 0 0 rg BT 428.07 294.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 451.24 294.10 Td (and ) Tj ET Q q 0 0 0 rg BT 468.85 294.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 494.52 294.10 Td (our ) Tj ET Q q 0 0 0 rg BT 511.02 294.10 Td (property ) Tj ET Q q 0 0 0 rg BT 548.06 294.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 94.21 282.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 133.38 282.10 Td (represented ) Tj ET Q q 0 0 0 rg BT 181.96 282.10 Td (21.5% ) Tj ET Q q 0 0 0 rg BT 210.29 282.10 Td (and ) Tj ET Q q 0 0 0 rg BT 227.23 282.10 Td (20.7% ) Tj ET Q q 0 0 0 rg BT 255.56 282.10 Td (of ) Tj ET Q q 0 0 0 rg BT 266.39 282.10 Td (our ) Tj ET Q q 0 0 0 rg BT 282.22 282.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 318.87 282.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 366.53 282.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 258.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 110.89 258.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.60 258.10 Td ( ) Tj ET Q q 0 0 0 rg BT 152.89 258.10 Td (The ) Tj ET Q q 0 0 0 rg BT 170.90 258.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 207.78 258.10 Td (in ) Tj ET Q q 0 0 0 rg BT 218.03 258.10 Td (net ) Tj ET Q q 0 0 0 rg BT 232.71 258.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 252.95 258.10 Td (used ) Tj ET Q q 0 0 0 rg BT 273.75 258.10 Td (by ) Tj ET Q q 0 0 0 rg BT 286.21 258.10 Td (our ) Tj ET Q q 0 0 0 rg BT 302.01 258.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 342.24 258.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 380.81 258.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.94 258.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 429.62 258.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 477.63 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 487.87 258.10 Td (the ) Tj ET Q q 0 0 0 rg BT 502.56 258.10 Td (net ) Tj ET Q q 0 0 0 rg BT 517.24 258.10 Td (ef) Tj ET Q q 0 0 0 rg BT 524.83 258.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 542.28 258.10 Td (of ) Tj ET Q q 0 0 0 rg BT 553.08 258.10 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.10 Td (a ) Tj ET Q q 0 0 0 rg BT 57.11 246.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 94.70 246.10 Td (in ) Tj ET Q q 0 0 0 rg BT 105.65 246.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 126.59 246.10 Td (used ) Tj ET Q q 0 0 0 rg BT 148.10 246.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.60 246.10 Td (3,036.0 ) Tj ET Q q 0 0 0 rg BT 197.78 246.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.67 246.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.84 246.10 Td (related ) Tj ET Q q 0 0 0 rg BT 260.22 246.10 Td (to ) Tj ET Q q 0 0 0 rg BT 271.17 246.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 297.11 246.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 350.29 246.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.01 246.10 Td (V) Tj ET Q q 0 0 0 rg BT 366.95 246.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 426.21 246.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 454.94 246.10 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.72 246.10 Td (, ) Tj ET Q q 0 0 0 rg BT 493.39 246.10 Td (and ) Tj ET Q q 0 0 0 rg BT 511.00 246.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 554.72 246.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 80.87 234.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.09 234.10 Td ( ) Tj ET Q q 0 0 0 rg BT 110.03 234.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.27 234.10 Td (V) Tj ET Q q 0 0 0 rg BT 132.20 234.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.41 234.10 Td (, ) Tj ET Q q 0 0 0 rg BT 168.85 234.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 183.00 234.10 Td (an ) Tj ET Q q 0 0 0 rg BT 194.38 234.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 229.08 234.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.35 234.10 Td (516.1 ) Tj ET Q q 0 0 0 rg BT 268.79 234.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.68 234.10 Td ( ) Tj ET Q q 0 0 0 rg BT 299.62 234.10 Td (related ) Tj ET Q q 0 0 0 rg BT 328.76 234.10 Td (to ) Tj ET Q q 0 0 0 rg BT 338.48 234.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 365.97 234.10 Td (net ) Tj ET Q q 0 0 0 rg BT 380.12 234.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 428.16 234.10 Td (of ) Tj ET Q q 0 0 0 rg BT 438.43 234.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 483.13 234.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 504.79 234.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 521.72 234.10 Td (a ) Tj ET Q q 0 0 0 rg BT 528.10 234.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.28 222.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 79.05 222.10 Td (used ) Tj ET Q q 0 0 0 rg BT 99.38 222.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.71 222.10 Td (159.7 ) Tj ET Q q 0 0 0 rg BT 139.20 222.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.10 222.10 Td ( ) Tj ET Q q 0 0 0 rg BT 170.10 222.10 Td (related ) Tj ET Q q 0 0 0 rg BT 199.30 222.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.08 222.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 251.06 222.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 302.22 222.10 Td (and ) Tj ET Q q 0 0 0 rg BT 318.66 222.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 335.10 222.10 Td (an ) Tj ET Q q 0 0 0 rg BT 346.53 222.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 381.29 222.10 Td (in ) Tj ET Q q 0 0 0 rg BT 391.06 222.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 410.83 222.10 Td (used ) Tj ET Q q 0 0 0 rg BT 431.16 222.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.49 222.10 Td (152.0 ) Tj ET Q q 0 0 0 rg BT 470.99 222.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.88 222.10 Td ( ) Tj ET Q q 0 0 0 rg BT 501.88 222.10 Td (due ) Tj ET Q q 0 0 0 rg BT 518.32 222.10 Td (to ) Tj ET Q q 0 0 0 rg BT 528.10 222.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.60 210.10 Td (V) Tj ET Q q 0 0 0 rg BT 65.53 210.10 Td (A) Tj ET Q q 0 0 0 rg BT 71.64 210.10 Td (T) Tj ET Q q 0 0 0 rg BT 77.57 210.10 Td ( ) Tj ET Q q 0 0 0 rg BT 80.07 210.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 123.65 210.10 Td (from ) Tj ET Q q 0 0 0 rg BT 145.59 210.10 Td (the ) Tj ET Q q 0 0 0 rg BT 160.31 210.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 187.24 210.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 201.96 210.10 Td (authority) Tj ET Q q 0 0 0 rg BT 237.42 210.10 Td (.) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-22) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 114.33 713.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 160.16 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.44 713.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 193.50 713.10 Td (Flows ) Tj ET Q q 0 0 0 rg BT 220.45 713.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.95 713.10 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 247.95 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 250.45 713.10 Td (compar) Tj ET Q q 0 0 0 rg BT 280.63 713.10 Td (ed ) Tj ET Q q 0 0 0 rg BT 292.57 713.10 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 302.85 713.10 Td (2016) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 689.10 Td (Summary) Tj ET Q q 0 0 0 rg BT 104.72 689.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.22 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 109.72 689.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 127.77 689.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 180.82 689.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 225.53 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.36 689.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 256.63 689.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 281.35 689.10 Td (for ) Tj ET Q q 0 0 0 rg BT 295.51 689.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.01 689.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.01 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 320.51 689.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.45 689.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.45 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 359.95 689.10 Td (are ) Tj ET Q q 0 0 0 rg BT 374.65 689.10 Td (summarized ) Tj ET Q q 0 0 0 rg BT 426.03 689.10 Td (as ) Tj ET Q q 0 0 0 rg BT 436.86 689.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 600.60 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 600.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 600.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.00 600.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 570.60 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 570.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 570.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.00 570.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 663.6 m 390 663.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 678.6 m 394 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 663.6 m 486 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 640.6 m 390 640.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 663.6 m 394 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 640.6 m 486 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 640.6 m 563 640.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 640.6 m 394 627.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 627.6 m 394 615.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 615.6 m 394 600.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 600.6 m 394 585.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 585.6 m 394 570.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 570.6 m 394 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 555.6 m 390 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 541.6 m 390 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 539.6 m 390 539.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 555.6 m 394 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 555.6 m 486 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 541.6 m 486 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 539.6 m 486 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 555.6 m 563 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 541.6 m 563 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 539.6 m 563 539.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.80 668.05 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.65 668.05 Td (Pr) Tj ET Q q 0 0 0 rg BT 427.98 668.05 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.95 654.05 Td (Y) Tj ET Q q 0 0 0 rg BT 329.95 654.05 Td (ear) Tj ET Q q 0 0 0 rg BT 341.86 654.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 309.20 645.05 Td (December) Tj ET Q q 0 0 0 rg BT 348.09 645.05 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.95 654.05 Td (Y) Tj ET Q q 0 0 0 rg BT 425.95 654.05 Td (ear) Tj ET Q q 0 0 0 rg BT 437.86 654.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.20 645.05 Td (December) Tj ET Q q 0 0 0 rg BT 444.09 645.05 Td ( 31, 2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.20 645.05 Td (Change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.35 632.00 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.85 632.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 605.27 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 605.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 605.27 Td (1,231.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 605.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 605.27 Td (905.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.50 605.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 605.27 Td (325.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 590.27 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.30 590.32 Td (\(489.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 590.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 590.32 Td (\(394.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 590.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 590.32 Td (\(95.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 590.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 575.27 Td (Net cash used by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.30 575.32 Td (\(529.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 575.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 575.32 Td (\(518.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 575.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 575.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 546.63 575.32 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 575.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 560.27 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 560.27 Td (fect of exchange rate changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 560.27 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 560.27 Td (0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 560.27 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 545.27 Td (Net increase \(decrease\) in cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 545.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 545.27 Td (214.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 545.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 545.32 Td (\(6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 545.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.50 545.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 545.27 Td (221.5) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 517.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 110.72 517.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.42 517.10 Td ( ) Tj ET Q q 0 0 0 rg BT 152.53 517.10 Td (The ) Tj ET Q q 0 0 0 rg BT 170.35 517.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 205.38 517.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.43 517.10 Td (net ) Tj ET Q q 0 0 0 rg BT 229.92 517.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 249.96 517.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 287.78 517.10 Td (by ) Tj ET Q q 0 0 0 rg BT 300.06 517.10 Td (our ) Tj ET Q q 0 0 0 rg BT 315.66 517.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 355.69 517.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 394.07 517.10 Td (is ) Tj ET Q q 0 0 0 rg BT 403.01 517.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 442.49 517.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 490.30 517.10 Td (to ) Tj ET Q q 0 0 0 rg BT 500.36 517.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.85 517.10 Td (net ) Tj ET Q q 0 0 0 rg BT 529.33 517.10 Td (ef) Tj ET Q q 0 0 0 rg BT 536.92 517.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 554.18 517.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 61.87 505.10 Td (a ) Tj ET Q q 0 0 0 rg BT 69.23 505.10 Td (net ) Tj ET Q q 0 0 0 rg BT 84.38 505.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 120.06 505.10 Td (in ) Tj ET Q q 0 0 0 rg BT 130.77 505.10 Td (the ) Tj ET Q q 0 0 0 rg BT 145.92 505.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 166.61 505.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 205.09 505.10 Td (by ) Tj ET Q q 0 0 0 rg BT 218.02 505.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.28 505.10 Td (OCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.73 505.10 Td ( ) Tj ET Q q 0 0 0 rg BT 256.66 505.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.02 505.10 Td (related ) Tj ET Q q 0 0 0 rg BT 304.16 505.10 Td (working ) Tj ET Q q 0 0 0 rg BT 340.41 505.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 369.99 505.10 Td (changes, ) Tj ET Q q 0 0 0 rg BT 407.63 505.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 422.77 505.10 Td (a ) Tj ET Q q 0 0 0 rg BT 430.14 505.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 467.48 505.10 Td (in ) Tj ET Q q 0 0 0 rg BT 478.19 505.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 498.89 505.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 537.36 505.10 Td (due ) Tj ET Q q 0 0 0 rg BT 554.73 505.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 77.55 493.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 118.37 493.10 Td (for ) Tj ET Q q 0 0 0 rg BT 132.53 493.10 Td (interest, ) Tj ET Q q 0 0 0 rg BT 166.97 493.10 Td (and ) Tj ET Q q 0 0 0 rg BT 183.90 493.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 201.40 493.10 Td (an ) Tj ET Q q 0 0 0 rg BT 213.34 493.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 248.59 493.10 Td (in ) Tj ET Q q 0 0 0 rg BT 258.87 493.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 279.14 493.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 317.19 493.10 Td (due ) Tj ET Q q 0 0 0 rg BT 334.12 493.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.40 493.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 369.67 493.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 410.50 493.10 Td (related ) Tj ET Q q 0 0 0 rg BT 440.20 493.10 Td (to ) Tj ET Q q 0 0 0 rg BT 450.48 493.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 492.96 493.10 Td (instruments.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 469.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 106.23 469.10 Td (Activities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.17 469.10 Td (The ) Tj ET Q q 0 0 0 rg BT 165.95 469.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 200.94 469.10 Td (in ) Tj ET Q q 0 0 0 rg BT 210.95 469.10 Td (net ) Tj ET Q q 0 0 0 rg BT 225.40 469.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 245.40 469.10 Td (used ) Tj ET Q q 0 0 0 rg BT 265.97 469.10 Td (by ) Tj ET Q q 0 0 0 rg BT 278.20 469.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.76 469.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 332.66 469.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 371.00 469.10 Td (is ) Tj ET Q q 0 0 0 rg BT 379.90 469.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 419.35 469.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 467.12 469.10 Td (to ) Tj ET Q q 0 0 0 rg BT 477.13 469.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.58 469.10 Td (net ) Tj ET Q q 0 0 0 rg BT 506.03 469.10 Td (ef) Tj ET Q q 0 0 0 rg BT 513.62 469.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 530.84 469.10 Td (of ) Tj ET Q q 0 0 0 rg BT 541.40 469.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 553.07 469.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 83.89 457.10 Td (in ) Tj ET Q q 0 0 0 rg BT 93.30 457.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 112.71 457.10 Td (used ) Tj ET Q q 0 0 0 rg BT 132.67 457.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.63 457.10 Td (151.3 ) Tj ET Q q 0 0 0 rg BT 171.77 457.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.66 457.10 Td ( ) Tj ET Q q 0 0 0 rg BT 202.30 457.10 Td (due ) Tj ET Q q 0 0 0 rg BT 218.37 457.10 Td (to ) Tj ET Q q 0 0 0 rg BT 227.78 457.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 254.96 457.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 283.25 457.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 335.98 457.10 Td (and ) Tj ET Q q 0 0 0 rg BT 352.05 457.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 365.90 457.10 Td (a ) Tj ET Q q 0 0 0 rg BT 371.98 457.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 408.02 457.10 Td (in ) Tj ET Q q 0 0 0 rg BT 417.44 457.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 436.84 457.10 Td (used ) Tj ET Q q 0 0 0 rg BT 456.81 457.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.77 457.10 Td (51.4 ) Tj ET Q q 0 0 0 rg BT 490.91 457.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.80 457.10 Td ( ) Tj ET Q q 0 0 0 rg BT 521.43 457.10 Td (associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.10 Td (with ) Tj ET Q q 0 0 0 rg BT 69.78 445.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 95.05 445.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 134.19 445.10 Td (to ) Tj ET Q q 0 0 0 rg BT 144.47 445.10 Td (related ) Tj ET Q q 0 0 0 rg BT 174.17 445.10 Td (parties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 421.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.04 421.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 113.69 421.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 166.78 421.10 Td (that ) Tj ET Q q 0 0 0 rg BT 183.77 421.10 Td (we ) Tj ET Q q 0 0 0 rg BT 197.43 421.10 Td (report ) Tj ET Q q 0 0 0 rg BT 223.30 421.10 Td (in ) Tj ET Q q 0 0 0 rg BT 233.07 421.10 Td (our ) Tj ET Q q 0 0 0 rg BT 248.40 421.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 300.94 421.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 345.15 421.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.47 421.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 375.24 421.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 399.46 421.10 Td (do ) Tj ET Q q 0 0 0 rg BT 411.45 421.10 Td (not ) Tj ET Q q 0 0 0 rg BT 426.23 421.10 Td (include ) Tj ET Q q 0 0 0 rg BT 457.66 421.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 493.54 421.10 Td (that ) Tj ET Q q 0 0 0 rg BT 510.53 421.10 Td (our ) Tj ET Q q 0 0 0 rg BT 525.86 421.10 Td (company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.10 Td (has ) Tj ET Q q 0 0 0 rg BT 65.40 409.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 102.40 409.10 Td (under ) Tj ET Q q 0 0 0 rg BT 127.75 409.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 158.09 409.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 198.43 409.10 Td (or ) Tj ET Q q 0 0 0 rg BT 209.33 409.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 238.56 409.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 261.12 409.10 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 320.06 409.10 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 354.01 409.10 Td (these ) Tj ET Q q 0 0 0 rg BT 377.13 409.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 413.59 409.10 Td (are ) Tj ET Q q 0 0 0 rg BT 428.37 409.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 465.92 409.10 Td (as ) Tj ET Q q 0 0 0 rg BT 476.82 409.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 515.50 409.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 554.73 409.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.48 397.10 Td (property ) Tj ET Q q 0 0 0 rg BT 102.00 397.10 Td (and ) Tj ET Q q 0 0 0 rg BT 119.08 397.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 163.94 397.10 Td (when ) Tj ET Q q 0 0 0 rg BT 188.25 397.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.11 397.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 249.08 397.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 275.05 397.10 Td (are ) Tj ET Q q 0 0 0 rg BT 289.91 397.10 Td (delivered ) Tj ET Q q 0 0 0 rg BT 329.75 397.10 Td (and ) Tj ET Q q 0 0 0 rg BT 346.84 397.10 Td (as ) Tj ET Q q 0 0 0 rg BT 357.81 397.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 406.55 397.10 Td (of ) Tj ET Q q 0 0 0 rg BT 417.53 397.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 437.39 397.10 Td (when ) Tj ET Q q 0 0 0 rg BT 461.70 397.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.56 397.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 514.75 397.10 Td (is ) Tj ET Q q 0 0 0 rg BT 524.06 397.10 Td (repaid. ) Tj ET Q q 0 0 0 rg BT 554.19 397.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.10 Td (this ) Tj ET Q q 0 0 0 rg BT 66.78 385.10 Td (discussion, ) Tj ET Q q 0 0 0 rg BT 113.77 385.10 Td (we ) Tj ET Q q 0 0 0 rg BT 128.26 385.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 149.95 385.10 Td (to ) Tj ET Q q 0 0 0 rg BT 160.56 385.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 172.83 385.10 Td (our ) Tj ET Q q 0 0 0 rg BT 188.98 385.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 218.46 385.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 272.38 385.10 Td (as ) Tj ET Q q 0 0 0 rg BT 283.54 385.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 319.68 385.10 Td (in ) Tj ET Q q 0 0 0 rg BT 330.29 385.10 Td (our ) Tj ET Q q 0 0 0 rg BT 346.44 385.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 399.81 385.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 444.85 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 456.01 385.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 476.60 385.10 Td (flows, ) Tj ET Q q 0 0 0 rg BT 504.15 385.10 Td (which ) Tj ET Q q 0 0 0 rg BT 531.42 385.10 Td (exclude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 85.34 373.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 121.71 373.10 Td (under ) Tj ET Q q 0 0 0 rg BT 146.44 373.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 176.16 373.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 215.87 373.10 Td (or ) Tj ET Q q 0 0 0 rg BT 226.15 373.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 254.76 373.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 276.69 373.10 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 335.01 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.40 373.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 365.57 373.10 Td (our ) Tj ET Q q 0 0 0 rg BT 380.85 373.10 Td (total ) Tj ET Q q 0 0 0 rg BT 400.58 373.10 Td (property ) Tj ET Q q 0 0 0 rg BT 436.41 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 452.80 373.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 496.96 373.10 Td (additions, ) Tj ET Q q 0 0 0 rg BT 538.08 373.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (include ) Tj ET Q q 0 0 0 rg BT 81.35 361.10 Td (our ) Tj ET Q q 0 0 0 rg BT 97.09 361.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 126.15 361.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 179.66 361.10 Td (on ) Tj ET Q q 0 0 0 rg BT 192.07 361.10 Td (an ) Tj ET Q q 0 0 0 rg BT 203.92 361.10 Td (accrual ) Tj ET Q q 0 0 0 rg BT 235.19 361.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 257.61 361.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.46 361.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 310.75 361.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 347.59 361.10 Td (under ) Tj ET Q q 0 0 0 rg BT 372.77 361.10 Td (capital-related ) Tj ET Q q 0 0 0 rg BT 432.37 361.10 Td (vendor ) Tj ET Q q 0 0 0 rg BT 462.55 361.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 502.72 361.10 Td (or ) Tj ET Q q 0 0 0 rg BT 513.46 361.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 542.53 361.10 Td (lease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 108.20 349.10 Td (For ) Tj ET Q q 0 0 0 rg BT 124.42 349.10 Td (further ) Tj ET Q q 0 0 0 rg BT 153.97 349.10 Td (details ) Tj ET Q q 0 0 0 rg BT 182.41 349.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 223.06 349.10 Td (our ) Tj ET Q q 0 0 0 rg BT 238.72 349.10 Td (property ) Tj ET Q q 0 0 0 rg BT 274.94 349.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.71 349.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 336.26 349.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 375.26 349.10 Td (and ) Tj ET Q q 0 0 0 rg BT 392.03 349.10 Td (our ) Tj ET Q q 0 0 0 rg BT 407.70 349.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 429.75 349.10 Td (see ) Tj ET Q q 0 0 0 rg BT 444.85 349.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 468.30 349.10 Td (8 ) Tj ET Q q 0 0 0 rg BT 475.63 349.10 Td (and ) Tj ET Q q 0 0 0 rg BT 492.41 349.10 Td (9, ) Tj ET Q q 0 0 0 rg BT 502.24 349.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 549.90 349.10 Td (, ) Tj ET Q q 0 0 0 rg BT 554.74 349.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 337.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 118.37 337.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 155.85 337.10 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 313.10 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 313.10 Td ( reconciliation of our property and equipment additions to our capital expenditures as reported in our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.10 Td (statements of cash flows is set forth below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 227.60 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 227.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 227.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 227.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 227.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 197.60 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 197.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 197.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 197.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 197.60 91.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 275.6 m 464 275.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 290.6 m 468 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 275.6 m 563 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 252.60000000000002 m 464 252.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 275.6 m 468 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 252.60000000000002 m 563 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 252.60000000000002 m 464 252.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 252.60000000000002 m 468 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 252.60000000000002 m 563 252.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 239.60000000000002 m 468 227.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 227.60000000000002 m 468 212.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 212.60000000000002 m 468 197.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 197.60000000000002 m 468 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 182.60000000000002 m 464 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 168.60000000000002 m 464 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 166.60000000000002 m 464 166.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 468 182.60000000000002 m 468 167.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 182.60000000000002 m 563 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 168.60000000000002 m 563 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 166.60000000000002 m 563 166.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.30 280.05 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.15 280.05 Td (Pr) Tj ET Q q 0 0 0 rg BT 503.48 280.05 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.45 266.05 Td (Y) Tj ET Q q 0 0 0 rg BT 402.45 266.05 Td (ear) Tj ET Q q 0 0 0 rg BT 414.36 266.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.70 257.05 Td (December) Tj ET Q q 0 0 0 rg BT 420.59 257.05 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.45 266.05 Td (Y) Tj ET Q q 0 0 0 rg BT 501.45 266.05 Td (ear) Tj ET Q q 0 0 0 rg BT 513.36 266.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.70 257.05 Td (December) Tj ET Q q 0 0 0 rg BT 519.59 257.05 Td ( 31, 2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.35 244.00 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.85 244.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 217.27 Td (Property and equipment additions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 217.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 217.27 Td (826.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.50 217.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 217.27 Td (533.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 202.27 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 202.32 Td (\(330.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 202.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 202.32 Td (\(179.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 202.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 187.27 Td (Changes in current liabilities related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.30 187.32 Td (\(1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 187.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 187.32 Td (\(10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 187.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 172.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 172.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 172.27 Td (495.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.50 172.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 172.27 Td (343.9) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 144.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.76 144.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 121.23 144.10 Td (in ) Tj ET Q q 0 0 0 rg BT 131.72 144.10 Td (our ) Tj ET Q q 0 0 0 rg BT 147.76 144.10 Td (property ) Tj ET Q q 0 0 0 rg BT 184.35 144.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.50 144.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 246.42 144.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 285.80 144.10 Td (is ) Tj ET Q q 0 0 0 rg BT 295.18 144.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 335.11 144.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 383.36 144.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.85 144.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.78 144.10 Td (net ) Tj ET Q q 0 0 0 rg BT 423.71 144.10 Td (ef) Tj ET Q q 0 0 0 rg BT 431.29 144.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 448.99 144.10 Td (of ) Tj ET Q q 0 0 0 rg BT 460.03 144.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 472.19 144.10 Td (an ) Tj ET Q q 0 0 0 rg BT 484.34 144.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 519.80 144.10 Td (in ) Tj ET Q q 0 0 0 rg BT 530.29 144.10 Td (scalable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.10 Td (infrastructure, ) Tj ET Q q 0 0 0 rg BT 108.63 132.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 123.61 132.10 Td (an ) Tj ET Q q 0 0 0 rg BT 135.82 132.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 171.34 132.10 Td (in ) Tj ET Q q 0 0 0 rg BT 181.89 132.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 235.75 132.10 Td (for ) Tj ET Q q 0 0 0 rg BT 250.18 132.10 Td (support ) Tj ET Q q 0 0 0 rg BT 282.94 132.10 Td (capital, ) Tj ET Q q 0 0 0 rg BT 314.86 132.10 Td (such ) Tj ET Q q 0 0 0 rg BT 335.96 132.10 Td (as ) Tj ET Q q 0 0 0 rg BT 347.06 132.10 Td (information ) Tj ET Q q 0 0 0 rg BT 397.04 132.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 444.24 132.10 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 483.10 132.10 Td (and ) Tj ET Q q 0 0 0 rg BT 500.31 132.10 Td (general ) Tj ET Q q 0 0 0 rg BT 532.50 132.10 Td (support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.10 Td (systems, ) Tj ET Q q 0 0 0 rg BT 85.86 120.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 103.04 120.10 Td (an ) Tj ET Q q 0 0 0 rg BT 114.67 120.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 149.61 120.10 Td (in ) Tj ET Q q 0 0 0 rg BT 159.57 120.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 212.85 120.10 Td (for ) Tj ET Q q 0 0 0 rg BT 226.70 120.10 Td (new ) Tj ET Q q 0 0 0 rg BT 245.55 120.10 Td (build ) Tj ET Q q 0 0 0 rg BT 268.29 120.10 Td (and ) Tj ET Q q 0 0 0 rg BT 284.92 120.10 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 319.31 120.10 Td (projects, ) Tj ET Q q 0 0 0 rg BT 355.66 120.10 Td (and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.10 120.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.28 120.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 388.91 120.10 Td (an ) Tj ET Q q 0 0 0 rg BT 400.54 120.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 435.48 120.10 Td (in ) Tj ET Q q 0 0 0 rg BT 445.44 120.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 498.72 120.10 Td (for ) Tj ET Q q 0 0 0 rg BT 512.57 120.10 Td (the ) Tj ET Q q 0 0 0 rg BT 526.98 120.10 Td (purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 108.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.89 108.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 112.27 108.10 Td (of ) Tj ET Q q 0 0 0 rg BT 122.55 108.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 161.16 108.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 198.65 108.10 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 245.31 108.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.59 108.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.59 108.10 Td ( ) Tj ET Q q 0 0 0 rg BT 297.54 108.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.92 108.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.92 108.10 Td (, ) Tj ET Q q 0 0 0 rg BT 338.37 108.10 Td (our ) Tj ET Q q 0 0 0 rg BT 353.65 108.10 Td (property ) Tj ET Q q 0 0 0 rg BT 389.48 108.10 Td (and ) Tj ET Q q 0 0 0 rg BT 405.86 108.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 450.02 108.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 488.64 108.10 Td (represented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.67 108.10 Td (20.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.50 108.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 96.10 Td (21.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.27 96.10 Td ( ) Tj ET Q q 0 0 0 rg BT 94.77 96.10 Td (of ) Tj ET Q q 0 0 0 rg BT 105.60 96.10 Td (our ) Tj ET Q q 0 0 0 rg BT 121.43 96.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 158.07 96.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 205.74 96.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 72.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 110.97 72.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.68 72.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.04 72.10 Td (The ) Tj ET Q q 0 0 0 rg BT 171.14 72.10 Td (increase) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.89 72.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.44 72.10 Td (in ) Tj ET Q q 0 0 0 rg BT 216.77 72.10 Td (net ) Tj ET Q q 0 0 0 rg BT 231.54 72.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 251.86 72.10 Td (used ) Tj ET Q q 0 0 0 rg BT 272.74 72.10 Td (by ) Tj ET Q q 0 0 0 rg BT 285.29 72.10 Td (our ) Tj ET Q q 0 0 0 rg BT 301.17 72.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 341.48 72.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 380.13 72.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.35 72.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 429.11 72.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 477.20 72.10 Td (to ) Tj ET Q q 0 0 0 rg BT 487.53 72.10 Td (the ) Tj ET Q q 0 0 0 rg BT 502.30 72.10 Td (net ) Tj ET Q q 0 0 0 rg BT 517.06 72.10 Td (ef) Tj ET Q q 0 0 0 rg BT 524.65 72.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 542.19 72.10 Td (of ) Tj ET Q q 0 0 0 rg BT 553.07 72.10 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 60.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.55 60.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 96.92 60.10 Td (in ) Tj ET Q q 0 0 0 rg BT 107.32 60.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 127.70 60.10 Td (used ) Tj ET Q q 0 0 0 rg BT 148.65 60.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.60 60.10 Td (3,436.0 ) Tj ET Q q 0 0 0 rg BT 197.21 60.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.10 60.10 Td ( ) Tj ET Q q 0 0 0 rg BT 228.72 60.10 Td (related ) Tj ET Q q 0 0 0 rg BT 258.54 60.10 Td (to ) Tj ET Q q 0 0 0 rg BT 268.93 60.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 321.55 60.10 Td (to ) Tj ET Q q 0 0 0 rg BT 331.76 60.10 Td (V) Tj ET Q q 0 0 0 rg BT 337.69 60.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 396.40 60.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 424.57 60.10 Td (Holding, ) Tj ET Q q 0 0 0 rg BT 462.46 60.10 Td (and ) Tj ET Q q 0 0 0 rg BT 479.52 60.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 522.68 60.10 Td (to ) Tj ET Q q 0 0 0 rg BT 533.08 60.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 48.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.25 48.10 Td (and ) Tj ET Q q 0 0 0 rg BT 96.05 48.10 Td (V) Tj ET Q q 0 0 0 rg BT 101.98 48.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 136.73 48.10 Td (in ) Tj ET Q q 0 0 0 rg BT 147.04 48.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 194.54 48.10 Td (with ) Tj ET Q q 0 0 0 rg BT 214.86 48.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.61 48.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 254.37 48.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.24 48.10 Td (the ) Tj ET Q q 0 0 0 rg BT 279.99 48.10 Td (Contribution ) Tj ET Q q 0 0 0 rg BT 333.08 48.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 382.54 48.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 397.30 48.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.27 48.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 441.23 48.10 Td (in ) Tj ET Q q 0 0 0 rg BT 451.54 48.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 471.85 48.10 Td (used ) Tj ET Q q 0 0 0 rg BT 492.72 48.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.59 48.10 Td (232.4 ) Tj ET Q q 0 0 0 rg BT 533.62 48.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (related ) Tj ET Q q 0 0 0 rg BT 78.70 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 88.47 713.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 113.23 713.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 166.30 713.10 Td (payments, ) Tj ET Q q 0 0 0 rg BT 209.12 713.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 226.11 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 232.54 713.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 268.95 713.10 Td (in ) Tj ET Q q 0 0 0 rg BT 278.72 713.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 298.48 713.10 Td (used ) Tj ET Q q 0 0 0 rg BT 318.81 713.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.13 713.10 Td (200.1 ) Tj ET Q q 0 0 0 rg BT 358.63 713.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.52 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 389.51 713.10 Td (related ) Tj ET Q q 0 0 0 rg BT 418.71 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 428.48 713.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 468.23 713.10 Td (net ) Tj ET Q q 0 0 0 rg BT 482.44 713.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 529.98 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 540.31 713.10 Td (third-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (party ) Tj ET Q q 0 0 0 rg BT 73.06 701.10 Td (debt, ) Tj ET Q q 0 0 0 rg BT 95.78 701.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 113.23 701.10 Td (an ) Tj ET Q q 0 0 0 rg BT 125.68 701.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 161.45 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 172.23 701.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 193.01 701.10 Td (used ) Tj ET Q q 0 0 0 rg BT 214.35 701.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.69 701.10 Td (158.8 ) Tj ET Q q 0 0 0 rg BT 256.20 701.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.10 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 288.11 701.10 Td (related ) Tj ET Q q 0 0 0 rg BT 318.32 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 329.11 701.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 372.10 701.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 424.27 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.72 701.10 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 456.39 701.10 Td (a ) Tj ET Q q 0 0 0 rg BT 463.84 701.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 501.27 701.10 Td (in ) Tj ET Q q 0 0 0 rg BT 512.05 701.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 532.83 701.10 Td (used ) Tj ET Q q 0 0 0 rg BT 554.17 701.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (152.0 ) Tj ET Q q 0 0 0 rg BT 79.50 689.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.39 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 110.89 689.10 Td (due ) Tj ET Q q 0 0 0 rg BT 127.83 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 138.11 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 152.83 689.10 Td (receipt ) Tj ET Q q 0 0 0 rg BT 182.53 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.18 689.10 Td (V) Tj ET Q q 0 0 0 rg BT 199.11 689.10 Td (A) Tj ET Q q 0 0 0 rg BT 205.22 689.10 Td (T) Tj ET Q q 0 0 0 rg BT 211.15 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 213.65 689.10 Td (from ) Tj ET Q q 0 0 0 rg BT 235.59 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 250.31 689.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 277.24 689.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 291.96 689.10 Td (authority) Tj ET Q q 0 0 0 rg BT 327.42 689.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 665.10 Td (Contractual ) Tj ET Q q 0 0 0 rg BT 110.46 665.10 Td (Commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 641.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 641.10 Td (following ) Tj ET Q q 0 0 0 rg BT 126.93 641.10 Td (table ) Tj ET Q q 0 0 0 rg BT 148.87 641.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 166.37 641.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 188.31 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.02 641.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 223.29 641.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 271.33 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 282.16 641.10 Td (our ) Tj ET Q q 0 0 0 rg BT 297.99 641.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 354.93 641.10 Td (as ) Tj ET Q q 0 0 0 rg BT 365.76 641.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.59 641.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 435.18 641.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.18 641.10 Td (: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 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gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 533.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 503.60 197.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 503.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 503.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 503.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 503.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 503.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 503.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 503.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 473.60 197.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 473.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 473.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 473.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 473.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 473.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 473.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 473.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 443.60 197.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 443.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 443.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 443.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 443.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 443.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 443.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 443.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 413.60 197.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 413.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 413.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 413.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 413.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 413.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 413.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 413.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 383.60 197.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 383.60 40.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 383.60 40.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 383.60 40.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 383.60 40.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 383.60 40.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 383.60 46.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 383.60 4.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 383.60 46.00 -33.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 335.60 197.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.00 335.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 335.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.00 335.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 335.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 335.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 335.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 335.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 335.60 46.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 617.6 m 287 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287 617.6 m 291 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 617.6 m 331 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 617.6 m 335 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 617.6 m 375 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 617.6 m 379 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 617.6 m 419 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 617.6 m 423 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 617.6 m 463 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 617.6 m 467 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 617.6 m 513 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 591.6 m 287 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 591.6 m 331 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 591.6 m 375 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 591.6 m 419 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 591.6 m 463 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 591.6 m 513 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 591.6 m 563 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 398.6 m 287 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 398.6 m 331 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 398.6 m 375 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 398.6 m 419 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 398.6 m 463 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 398.6 m 513 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 398.6 m 563 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 398.6 m 287 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 384.6 m 287 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 382.6 m 287 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 398.6 m 331 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 384.6 m 331 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 382.6 m 331 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 398.6 m 375 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 384.6 m 375 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 382.6 m 375 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 398.6 m 419 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 384.6 m 419 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 382.6 m 419 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 398.6 m 463 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 384.6 m 463 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 382.6 m 463 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 398.6 m 513 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 384.6 m 513 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 382.6 m 513 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 398.6 m 563 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 384.6 m 563 384.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 382.6 m 563 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 320.6 m 331 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 320.6 m 419 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 320.6 m 513 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 320.6 m 287 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 306.6 m 287 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 304.6 m 287 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 306.6 m 331 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 304.6 m 331 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 320.6 m 375 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 306.6 m 375 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 304.6 m 375 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 306.6 m 419 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 304.6 m 419 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 320.6 m 463 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 306.6 m 463 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 304.6 m 463 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 320.6 m 513 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 306.6 m 513 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 304.6 m 513 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 320.6 m 563 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 306.6 m 563 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 304.6 m 563 304.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 622.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 622.00 Td (Payments due during:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.65 596.05 Td (T) Tj ET Q q 0 0 0 rg BT 535.24 596.05 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 257.50 596.00 Td (2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.50 596.00 Td (2020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.50 596.00 Td (2021) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.50 596.00 Td (2022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.50 596.00 Td (2023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.20 595.83 Td (Ther) Tj ET Q q 0 0 0 rg BT 487.94 595.83 Td (eafter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 583.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.35 583.00 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 568.27 Td (Debt \(excluding interest\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 553.27 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 553.27 Td (999.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 553.27 Td (71.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.10 553.27 Td (9,814.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 553.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.10 553.27 Td (10,885.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 538.27 Td (Related-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 538.27 Td (200.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.10 538.27 Td (1,400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.10 538.27 Td (1,600.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 523.27 Td (Capital leases \(excluding interest\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 508.27 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 508.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 508.27 Td (5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 508.27 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 508.27 Td (2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 508.27 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 508.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 508.27 Td (18.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 493.27 Td (Related-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 493.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 493.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 478.27 Td (JV) Tj ET Q q 0 0 0 rg BT 63.52 478.27 Td ( Service ) Tj ET Q q 0 0 0 rg BT 98.14 478.27 Td (Agreements \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 478.27 Td (170.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 478.27 Td (147.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.60 478.27 Td (1) Tj ET Q q 0 0 0 rg BT 353.60 478.27 Td (1) Tj ET Q q 0 0 0 rg BT 358.60 478.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.60 478.27 Td (1) Tj ET Q q 0 0 0 rg BT 397.60 478.27 Td (1) Tj ET Q q 0 0 0 rg BT 402.60 478.27 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 478.27 Td (30.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 478.27 Td (60.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 478.27 Td (630.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 463.27 Td (Programming commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 463.27 Td (1) Tj ET Q q 0 0 0 rg BT 265.60 463.27 Td (1) Tj ET Q q 0 0 0 rg BT 270.60 463.27 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 463.27 Td (95.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 463.27 Td (44.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 463.27 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 463.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 463.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 463.27 Td (252.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 448.27 Td (Network and connectivity commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 448.27 Td (59.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 448.27 Td (43.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 448.27 Td (39.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 448.27 Td (27.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 448.27 Td (16.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 448.27 Td (50.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 448.27 Td (235.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 433.27 Td (Operating leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 433.27 Td (30.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 433.27 Td (28.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 433.27 Td (24.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 433.27 Td (16.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 433.27 Td (15.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 433.27 Td (46.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 433.27 Td (162.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 418.27 Td (Purchase commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 418.27 Td (222.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 418.27 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 418.27 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 418.27 Td (224.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 403.27 Td (Other commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 403.27 Td (20.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 403.27 Td (14.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 403.27 Td (6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 403.27 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 403.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 403.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 403.27 Td (45.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 388.27 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 388.27 Td (otal \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.10 388.27 Td (1,820.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 388.27 Td (407.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.60 388.27 Td (231.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.60 388.27 Td (160.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 388.27 Td (62.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.10 388.27 Td (1) Tj ET Q q 0 0 0 rg BT 479.10 388.27 Td (1,372.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 388.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.10 388.27 Td (14,054.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 365.27 Td (Projected cash interest payments on debt and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 355.27 Td (capital lease obligations \(c\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 340.27 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 340.27 Td (476.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 340.27 Td (477.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.60 340.27 Td (473.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.60 340.27 Td (473.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 340.27 Td (464.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 340.27 Td (968.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.10 340.27 Td (3,333.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 325.27 Td (Related-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 325.27 Td (90.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 325.27 Td (79.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 325.27 Td (78.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 325.27 Td (78.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 325.27 Td (78.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 325.27 Td (315.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 325.27 Td (720.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 310.27 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 310.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.60 310.27 Td (566.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 310.27 Td (556.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.60 310.27 Td (552.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.60 310.27 Td (552.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 310.27 Td (543.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.10 310.27 Td (1,283.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.10 310.27 Td (4,054.2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 270.10 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 115.70 270.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 154.87 270.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 177.95 270.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 219.37 270.10 Td (char) Tj ET Q q 0 0 0 rg BT 236.40 270.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 252.26 270.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.22 270.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 306.19 270.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.40 270.10 Td ( ) Tj ET Q q 0 0 0 rg BT 335.93 270.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.72 270.10 Td (V) Tj ET Q q 0 0 0 rg BT 358.65 270.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.86 270.10 Td ( ) Tj ET Q q 0 0 0 rg BT 393.39 270.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 430.36 270.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.66 270.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.41 270.10 Td (JV) Tj ET Q q 0 0 0 rg BT 466.34 270.10 Td ( ) Tj ET Q q 0 0 0 rg BT 468.87 270.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 500.83 270.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.14 270.10 Td (. ) Tj ET Q q 0 0 0 rg BT 554.17 270.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 258.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 111.15 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 120.81 258.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.91 258.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 157.33 258.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 198.10 258.10 Td (char) Tj ET Q q 0 0 0 rg BT 215.13 258.10 Td (ges, ) Tj ET Q q 0 0 0 rg BT 232.84 258.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.93 258.10 Td (JV) Tj ET Q q 0 0 0 rg BT 257.87 258.10 Td ( ) Tj ET Q q 0 0 0 rg BT 259.74 258.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 291.19 258.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.51 258.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.39 258.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 373.81 258.10 Td (for ) Tj ET Q q 0 0 0 rg BT 387.35 258.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.43 258.10 Td (JV) Tj ET Q q 0 0 0 rg BT 427.37 258.10 Td ( ) Tj ET Q q 0 0 0 rg BT 429.25 258.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.12 258.10 Td ( ) Tj ET Q q 0 0 0 rg BT 465.00 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 474.66 258.10 Td (be ) Tj ET Q q 0 0 0 rg BT 485.98 258.10 Td (char) Tj ET Q q 0 0 0 rg BT 503.00 258.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 519.32 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 528.98 258.10 Td (us ) Tj ET Q q 0 0 0 rg BT 539.75 258.10 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 246.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 99.40 246.10 Td (usage ) Tj ET Q q 0 0 0 rg BT 125.06 246.10 Td (of ) Tj ET Q q 0 0 0 rg BT 136.29 246.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.41 246.10 Td (services ) Tj ET Q q 0 0 0 rg BT 186.51 246.10 Td (received. ) Tj ET Q q 0 0 0 rg BT 225.56 246.10 Td (The ) Tj ET Q q 0 0 0 rg BT 244.01 246.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 267.45 246.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 309.24 246.10 Td (char) Tj ET Q q 0 0 0 rg BT 326.27 246.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 342.50 246.10 Td (set ) Tj ET Q q 0 0 0 rg BT 356.50 246.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 378.84 246.10 Td (in ) Tj ET Q q 0 0 0 rg BT 389.52 246.10 Td (the ) Tj ET Q q 0 0 0 rg BT 404.63 246.10 Td (table ) Tj ET Q q 0 0 0 rg BT 426.96 246.10 Td (above ) Tj ET Q q 0 0 0 rg BT 453.74 246.10 Td (exclude ) Tj ET Q q 0 0 0 rg BT 487.73 246.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 506.73 246.10 Td (for ) Tj ET Q q 0 0 0 rg BT 521.28 246.10 Td (the ) Tj ET Q q 0 0 0 rg BT 536.40 246.10 Td (usage-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 234.10 Td (based ) Tj ET Q q 0 0 0 rg BT 102.01 234.10 Td (services ) Tj ET Q q 0 0 0 rg BT 136.96 234.10 Td (as ) Tj ET Q q 0 0 0 rg BT 148.03 234.10 Td (these ) Tj ET Q q 0 0 0 rg BT 171.32 234.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 190.15 234.10 Td (will ) Tj ET Q q 0 0 0 rg BT 208.45 234.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 228.96 234.10 Td (from ) Tj ET Q q 0 0 0 rg BT 251.14 234.10 Td (period ) Tj ET Q q 0 0 0 rg BT 279.43 234.10 Td (to ) Tj ET Q q 0 0 0 rg BT 289.95 234.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 320.13 234.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 369.47 234.10 Td (, ) Tj ET Q q 0 0 0 rg BT 374.71 234.10 Td (we ) Tj ET Q q 0 0 0 rg BT 389.11 234.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 417.94 234.10 Td (to ) Tj ET Q q 0 0 0 rg BT 428.46 234.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 451.75 234.10 Td (char) Tj ET Q q 0 0 0 rg BT 468.77 234.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 484.85 234.10 Td (in ) Tj ET Q q 0 0 0 rg BT 495.36 234.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 530.88 234.10 Td (to ) Tj ET Q q 0 0 0 rg BT 541.40 234.10 Td (those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 222.10 Td (set ) Tj ET Q q 0 0 0 rg BT 89.68 222.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 111.18 222.10 Td (in ) Tj ET Q q 0 0 0 rg BT 121.03 222.10 Td (the ) Tj ET Q q 0 0 0 rg BT 135.31 222.10 Td (table ) Tj ET Q q 0 0 0 rg BT 156.81 222.10 Td (above ) Tj ET Q q 0 0 0 rg BT 182.75 222.10 Td (for ) Tj ET Q q 0 0 0 rg BT 196.48 222.10 Td (usage-based ) Tj ET Q q 0 0 0 rg BT 247.42 222.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 284.19 222.10 Td (For ) Tj ET Q q 0 0 0 rg BT 300.15 222.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 342.20 222.10 Td (information ) Tj ET Q q 0 0 0 rg BT 391.48 222.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 437.97 222.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.26 222.10 Td (JV) Tj ET Q q 0 0 0 rg BT 463.19 222.10 Td ( ) Tj ET Q q 0 0 0 rg BT 465.26 222.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 496.85 222.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.17 222.10 Td (, ) Tj ET Q q 0 0 0 rg BT 549.74 222.10 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 210.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.22 210.10 Td (1) Tj ET Q q 0 0 0 rg BT 100.85 210.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.85 210.10 Td ( ) Tj ET Q q 0 0 0 rg BT 108.35 210.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.62 210.10 Td (our ) Tj ET Q q 0 0 0 rg BT 134.45 210.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 187.50 210.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 224.98 210.10 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 186.10 Td (The ) Tj ET Q q 0 0 0 rg BT 93.75 186.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 149.88 186.10 Td (included ) Tj ET Q q 0 0 0 rg BT 186.02 186.10 Td (in ) Tj ET Q q 0 0 0 rg BT 195.49 186.10 Td (this ) Tj ET Q q 0 0 0 rg BT 211.64 186.10 Td (table ) Tj ET Q q 0 0 0 rg BT 232.77 186.10 Td (do ) Tj ET Q q 0 0 0 rg BT 244.47 186.10 Td (not ) Tj ET Q q 0 0 0 rg BT 258.95 186.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 286.18 186.10 Td (any ) Tj ET Q q 0 0 0 rg BT 302.32 186.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 341.24 186.10 Td (that ) Tj ET Q q 0 0 0 rg BT 357.93 186.10 Td (are ) Tj ET Q q 0 0 0 rg BT 371.84 186.10 Td (included ) Tj ET Q q 0 0 0 rg BT 407.97 186.10 Td (in ) Tj ET Q q 0 0 0 rg BT 417.45 186.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.48 186.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 490.26 186.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.26 186.10 Td ( ) Tj ET Q q 0 0 0 rg BT 511.96 186.10 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 174.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 109.53 174.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 132.58 174.10 Td (other ) Tj ET Q q 0 0 0 rg BT 155.63 174.10 Td (than ) Tj ET Q q 0 0 0 rg BT 175.34 174.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 195.06 174.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.00 174.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 241.15 174.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 263.63 174.10 Td (obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 150.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 150.10 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 115.31 150.10 Td (include ) Tj ET Q q 0 0 0 rg BT 146.88 150.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 178.45 150.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 218.91 150.10 Td (on ) Tj ET Q q 0 0 0 rg BT 231.04 150.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 275.94 150.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 295.30 150.10 Td (and ) Tj ET Q q 0 0 0 rg BT 311.87 150.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 340.66 150.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 362.78 150.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 411.86 150.10 Td (as ) Tj ET Q q 0 0 0 rg BT 422.33 150.10 Td (well ) Tj ET Q q 0 0 0 rg BT 441.68 150.10 Td (as ) Tj ET Q q 0 0 0 rg BT 452.14 150.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 492.60 150.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 524.17 150.10 Td (payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 138.10 Td (on ) Tj ET Q q 0 0 0 rg BT 88.86 138.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.43 138.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 135.23 138.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 164.80 138.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.24 138.10 Td ( ) Tj ET Q q 0 0 0 rg BT 186.60 138.10 Td (and ) Tj ET Q q 0 0 0 rg BT 203.39 138.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.80 138.10 Td (V) Tj ET Q q 0 0 0 rg BT 223.73 138.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 258.30 138.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.74 138.10 Td (. ) Tj ET Q q 0 0 0 rg BT 282.07 138.10 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 321.10 138.10 Td (related ) Tj ET Q q 0 0 0 rg BT 350.66 138.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.80 138.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 405.92 138.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 425.50 138.10 Td (are ) Tj ET Q q 0 0 0 rg BT 440.06 138.10 Td (based ) Tj ET Q q 0 0 0 rg BT 465.19 138.10 Td (on ) Tj ET Q q 0 0 0 rg BT 477.55 138.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 509.34 138.10 Td (rates, ) Tj ET Q q 0 0 0 rg BT 533.07 138.10 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 126.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 112.76 126.10 Td (dates, ) Tj ET Q q 0 0 0 rg BT 137.64 126.10 Td (commitment ) Tj ET Q q 0 0 0 rg BT 190.02 126.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 207.95 126.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.21 126.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 270.46 126.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 312.28 126.10 Td (in ) Tj ET Q q 0 0 0 rg BT 321.89 126.10 Td (ef) Tj ET Q q 0 0 0 rg BT 329.48 126.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 346.30 126.10 Td (as ) Tj ET Q q 0 0 0 rg BT 356.46 126.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.62 126.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 424.53 126.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.53 126.10 Td (. ) Tj ET Q q 0 0 0 rg BT 448.73 126.10 Td (These ) Tj ET Q q 0 0 0 rg BT 474.44 126.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 510.15 126.10 Td (are ) Tj ET Q q 0 0 0 rg BT 524.19 126.10 Td (presented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 114.10 Td (for ) Tj ET Q q 0 0 0 rg BT 91.01 114.10 Td (illustrative ) Tj ET Q q 0 0 0 rg BT 136.63 114.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 175.04 114.10 Td (only ) Tj ET Q q 0 0 0 rg BT 195.67 114.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.96 114.10 Td (will ) Tj ET Q q 0 0 0 rg BT 231.36 114.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 256.99 114.10 Td (dif) Tj ET Q q 0 0 0 rg BT 267.92 114.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 281.87 114.10 Td (from ) Tj ET Q q 0 0 0 rg BT 304.16 114.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.22 114.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 345.95 114.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 366.57 114.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 407.75 114.10 Td (required ) Tj ET Q q 0 0 0 rg BT 443.91 114.10 Td (in ) Tj ET Q q 0 0 0 rg BT 454.54 114.10 Td (future ) Tj ET Q q 0 0 0 rg BT 481.27 114.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 516.06 114.10 Td (In ) Tj ET Q q 0 0 0 rg BT 527.24 114.10 Td (addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 90.65 102.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 126.47 102.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 166.72 102.10 Td (do ) Tj ET Q q 0 0 0 rg BT 178.65 102.10 Td (not ) Tj ET Q q 0 0 0 rg BT 193.36 102.10 Td (include ) Tj ET Q q 0 0 0 rg BT 224.73 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.88 102.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 268.02 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.28 102.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.55 102.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 324.91 102.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 341.83 102.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 383.74 102.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 424.27 102.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 459.51 102.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 499.20 102.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 521.14 102.10 Td (or ) Tj ET Q q 0 0 0 rg BT 531.40 102.10 Td (original ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 90.10 Td (issue ) Tj ET Q q 0 0 0 rg BT 99.00 90.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 141.50 90.10 Td (or ) Tj ET Q q 0 0 0 rg BT 152.33 90.10 Td (discounts. ) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (For ) Tj ET Q q 0 0 0 rg BT 82.84 713.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 124.28 713.10 Td (information ) Tj ET Q q 0 0 0 rg BT 172.93 713.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 218.80 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 233.58 713.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 252.25 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 268.13 713.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 296.23 713.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 317.66 713.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 366.05 713.10 Td (see ) Tj ET Q q 0 0 0 rg BT 380.27 713.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.93 713.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.93 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 405.38 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 414.60 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 429.38 713.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 481.37 713.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.79 713.10 Td (statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (For ) Tj ET Q q 0 0 0 rg BT 65.97 701.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 108.54 701.10 Td (information ) Tj ET Q q 0 0 0 rg BT 158.33 701.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 205.33 701.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.12 701.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 252.13 701.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 281.92 701.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.36 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 303.94 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 320.96 701.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.56 701.10 Td (V) Tj ET Q q 0 0 0 rg BT 341.50 701.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 376.28 701.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.72 701.10 Td (, ) Tj ET Q q 0 0 0 rg BT 400.80 701.10 Td (see ) Tj ET Q q 0 0 0 rg BT 416.14 701.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.94 701.10 Td (1) Tj ET Q q 0 0 0 rg BT 440.56 701.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.56 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 448.14 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.50 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 474.40 701.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.52 701.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 96.71 689.10 Td (For ) Tj ET Q q 0 0 0 rg BT 113.10 689.10 Td (information ) Tj ET Q q 0 0 0 rg BT 162.82 689.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 209.74 689.10 Td (our ) Tj ET Q q 0 0 0 rg BT 225.57 689.10 Td (commitments, ) Tj ET Q q 0 0 0 rg BT 285.01 689.10 Td (see ) Tj ET Q q 0 0 0 rg BT 300.28 689.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.99 689.10 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.99 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 332.49 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 342.77 689.10 Td (our ) Tj ET Q q 0 0 0 rg BT 358.60 689.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 411.64 689.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 449.12 689.10 Td (statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.10 Td (In ) Tj ET Q q 0 0 0 rg BT 78.60 665.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 114.14 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 124.69 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.68 665.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 196.89 665.10 Td (set ) Tj ET Q q 0 0 0 rg BT 210.77 665.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 232.97 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 243.52 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.51 665.10 Td (table ) Tj ET Q q 0 0 0 rg BT 280.71 665.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 309.86 665.10 Td (we ) Tj ET Q q 0 0 0 rg BT 324.29 665.10 Td (have ) Tj ET Q q 0 0 0 rg BT 345.94 665.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 403.15 665.10 Td (under ) Tj ET Q q 0 0 0 rg BT 428.68 665.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 440.89 665.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 483.64 665.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 533.08 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.29 665.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (multiemployer ) Tj ET Q q 0 0 0 rg BT 110.16 653.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 139.71 653.10 Td (plans, ) Tj ET Q q 0 0 0 rg BT 165.11 653.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 201.34 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.90 653.10 Td (which ) Tj ET Q q 0 0 0 rg BT 237.13 653.10 Td (we ) Tj ET Q q 0 0 0 rg BT 250.57 653.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 278.46 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.02 653.10 Td (make ) Tj ET Q q 0 0 0 rg BT 311.46 653.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 351.58 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 361.14 653.10 Td (future ) Tj ET Q q 0 0 0 rg BT 386.80 653.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 420.53 653.10 Td (For ) Tj ET Q q 0 0 0 rg BT 436.21 653.10 Td (information ) Tj ET Q q 0 0 0 rg BT 485.21 653.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 525.31 653.10 Td (projected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.41 641.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 93.77 641.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 137.00 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 156.91 641.10 Td (these ) Tj ET Q q 0 0 0 rg BT 179.60 641.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 221.72 641.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 273.02 641.10 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 287.92 641.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 297.55 641.10 Td (ojected ) Tj ET Q q 0 0 0 rg BT 328.56 641.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 351.26 641.10 Td (Flows ) Tj ET Q q 0 0 0 rg BT 377.69 641.10 Td (Associated ) Tj ET Q q 0 0 0 rg BT 423.16 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 442.52 641.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 486.86 641.10 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.08 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 536.22 641.10 Td (below) Tj ET Q q 0 0 0 rg BT 560.01 641.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (For ) Tj ET Q q 0 0 0 rg BT 65.46 629.10 Td (information ) Tj ET Q q 0 0 0 rg BT 114.73 629.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 155.11 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 170.51 629.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 212.55 629.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 263.78 629.10 Td (including ) Tj ET Q q 0 0 0 rg BT 303.62 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 317.90 629.10 Td (net ) Tj ET Q q 0 0 0 rg BT 332.18 629.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 352.01 629.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 371.30 629.10 Td (or ) Tj ET Q q 0 0 0 rg BT 381.69 629.10 Td (received ) Tj ET Q q 0 0 0 rg BT 417.62 629.10 Td (in ) Tj ET Q q 0 0 0 rg BT 427.46 629.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 473.40 629.10 Td (with ) Tj ET Q q 0 0 0 rg BT 493.24 629.10 Td (these ) Tj ET Q q 0 0 0 rg BT 515.85 629.10 Td (instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (during ) Tj ET Q q 0 0 0 rg BT 78.11 617.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 100.61 617.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.55 617.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.55 617.10 Td (, ) Tj ET Q q 0 0 0 rg BT 142.55 617.10 Td (see ) Tj ET Q q 0 0 0 rg BT 157.82 617.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.53 617.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.53 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 185.03 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 195.31 617.10 Td (our ) Tj ET Q q 0 0 0 rg BT 211.14 617.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 264.18 617.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 301.66 617.10 Td (statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 593.10 Td (Projected ) Tj ET Q q 0 0 0 rg BT 99.87 593.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 123.50 593.10 Td (Flows ) Tj ET Q q 0 0 0 rg BT 150.63 593.10 Td (Associated ) Tj ET Q q 0 0 0 rg BT 197.02 593.10 Td (with ) Tj ET Q q 0 0 0 rg BT 217.31 593.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 262.01 593.10 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 569.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.38 569.10 Td (following ) Tj ET Q q 0 0 0 rg BT 126.60 569.10 Td (table ) Tj ET Q q 0 0 0 rg BT 148.37 569.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 185.15 569.10 Td (information ) Tj ET Q q 0 0 0 rg BT 234.69 569.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 275.35 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 289.90 569.10 Td (projected ) Tj ET Q q 0 0 0 rg BT 329.44 569.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 349.54 569.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 374.10 569.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 417.53 569.10 Td (with ) Tj ET Q q 0 0 0 rg BT 437.64 569.10 Td (our ) Tj ET Q q 0 0 0 rg BT 453.31 569.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 495.62 569.10 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 546.95 569.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (euro ) Tj ET Q q 0 0 0 rg BT 69.21 557.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 116.69 557.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 156.95 557.10 Td (below ) Tj ET Q q 0 0 0 rg BT 183.33 557.10 Td (are ) Tj ET Q q 0 0 0 rg BT 197.48 557.10 Td (based ) Tj ET Q q 0 0 0 rg BT 222.19 557.10 Td (on ) Tj ET Q q 0 0 0 rg BT 234.13 557.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 265.50 557.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 286.32 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 302.70 557.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 342.39 557.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 363.21 557.10 Td (that ) Tj ET Q q 0 0 0 rg BT 380.15 557.10 Td (were ) Tj ET Q q 0 0 0 rg BT 401.52 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 411.24 557.10 Td (ef) Tj ET Q q 0 0 0 rg BT 418.82 557.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 435.75 557.10 Td (as ) Tj ET Q q 0 0 0 rg BT 446.02 557.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.29 557.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 514.32 557.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.32 557.10 Td (. ) Tj ET Q q 0 0 0 rg BT 538.62 557.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 85.33 545.10 Td (are ) Tj ET Q q 0 0 0 rg BT 99.48 545.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 139.74 545.10 Td (for ) Tj ET Q q 0 0 0 rg BT 153.35 545.10 Td (illustrative ) Tj ET Q q 0 0 0 rg BT 198.06 545.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 235.56 545.10 Td (only ) Tj ET Q q 0 0 0 rg BT 255.28 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 271.67 545.10 Td (will ) Tj ET Q q 0 0 0 rg BT 289.17 545.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 313.88 545.10 Td (dif) Tj ET Q q 0 0 0 rg BT 324.81 545.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 337.86 545.10 Td (from ) Tj ET Q q 0 0 0 rg BT 359.24 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.40 545.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 399.22 545.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 418.93 545.10 Td (receipts/payments ) Tj ET Q q 0 0 0 rg BT 493.07 545.10 Td ( ) Tj ET Q q 0 0 0 rg BT 495.02 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 504.74 545.10 Td (future ) Tj ET Q q 0 0 0 rg BT 530.56 545.10 Td (periods. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (For ) Tj ET Q q 0 0 0 rg BT 64.72 533.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 106.04 533.10 Td (information ) Tj ET Q q 0 0 0 rg BT 154.58 533.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 194.22 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 208.88 533.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 250.19 533.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 300.68 533.10 Td (including ) Tj ET Q q 0 0 0 rg BT 339.78 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 354.44 533.10 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 406.30 533.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 430.39 533.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 449.22 533.10 Td (see ) Tj ET Q q 0 0 0 rg BT 463.32 533.10 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.86 533.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.86 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 488.19 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 497.30 533.10 Td (our ) Tj ET Q q 0 0 0 rg BT 511.96 533.10 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 86.98 521.10 Td (statements.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 431.60 187.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 431.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.00 431.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 431.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 431.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 431.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 431.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 401.60 187.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.00 401.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 401.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 401.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.00 401.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.00 401.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 401.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 401.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 401.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 401.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 401.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 401.60 51.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 495.6 m 288 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 495.6 m 292 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 495.6 m 343 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343 495.6 m 347 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 495.6 m 398 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 495.6 m 402 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 495.6 m 453 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 495.6 m 457 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 495.6 m 508 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 469.6 m 288 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 469.6 m 343 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 469.6 m 398 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 469.6 m 453 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 469.6 m 508 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 469.6 m 563 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 401.6 m 288 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 401.6 m 343 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 401.6 m 398 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 401.6 m 453 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 401.6 m 508 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 401.6 m 563 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 387.6 m 288 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 385.6 m 288 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 387.6 m 343 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 385.6 m 343 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 387.6 m 398 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 385.6 m 398 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 387.6 m 453 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 385.6 m 453 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 387.6 m 508 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 385.6 m 508 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 387.6 m 563 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 385.6 m 563 385.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 500.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 500.05 Td (Receipts due during:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.15 474.05 Td (T) Tj ET Q q 0 0 0 rg BT 532.74 474.05 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 474.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 474.00 Td (2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.00 474.00 Td (2020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 474.00 Td (2021) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.00 474.00 Td (2022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.40 474.00 Td (Ther) Tj ET Q q 0 0 0 rg BT 480.32 474.00 Td (eafter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 459.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.35 459.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 436.27 Td (Projected derivative cash receipts, net:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 421.27 Td (Interest-related \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 421.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 421.27 Td (26.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 421.27 Td (24.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 421.27 Td (23.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 421.27 Td (36.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 421.27 Td (1) Tj ET Q q 0 0 0 rg BT 541.65 421.27 Td (17.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 406.27 Td (Principal-related \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 406.27 Td (176.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 406.27 Td (176.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 391.27 Td (T) Tj ET Q q 0 0 0 rg BT 81.91 391.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 391.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 391.27 Td (26.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 391.27 Td (24.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 391.27 Td (23.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 391.27 Td (212.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 391.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 391.27 Td (293.3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 351.10 Td (Includes ) Tj ET Q q 0 0 0 rg BT 112.88 351.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.59 351.10 Td (interest-related ) Tj ET Q q 0 0 0 rg BT 190.06 351.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 210.33 351.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 235.05 351.10 Td (of ) Tj ET Q q 0 0 0 rg BT 245.88 351.10 Td (our ) Tj ET Q q 0 0 0 rg BT 261.71 351.10 Td (cross-currency ) Tj ET Q q 0 0 0 rg BT 323.07 351.10 Td (and ) Tj ET Q q 0 0 0 rg BT 340.01 351.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 371.94 351.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 389.42 351.10 Td (swap ) Tj ET Q q 0 0 0 rg BT 412.48 351.10 Td (contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 327.10 Td (Includes ) Tj ET Q q 0 0 0 rg BT 112.88 327.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.59 327.10 Td (principal-related ) Tj ET Q q 0 0 0 rg BT 196.17 327.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 216.44 327.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 241.16 327.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.99 327.10 Td (our ) Tj ET Q q 0 0 0 rg BT 267.82 327.10 Td (cross-currency ) Tj ET Q q 0 0 0 rg BT 329.18 327.10 Td (swap ) Tj ET Q q 0 0 0 rg BT 352.23 327.10 Td (contracts.) Tj ET Q endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 84.21 713.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 135.60 713.25 Td (Policies, ) Tj ET Q q 0 0 0 rg BT 172.82 713.25 Td (Judgments, ) Tj ET Q q 0 0 0 rg BT 224.49 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 243.11 713.25 Td (Estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 689.25 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 689.25 Td (following ) Tj ET Q q 0 0 0 rg BT 126.93 689.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 173.31 689.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 200.80 689.25 Td (discussion ) Tj ET Q q 0 0 0 rg BT 244.97 689.25 Td (relates ) Tj ET Q q 0 0 0 rg BT 273.56 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 283.84 689.25 Td (policies, ) Tj ET Q q 0 0 0 rg BT 319.95 689.25 Td (judgments, ) Tj ET Q q 0 0 0 rg BT 366.61 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 383.55 689.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 423.26 689.25 Td (used ) Tj ET Q q 0 0 0 rg BT 444.09 689.25 Td (during ) Tj ET Q q 0 0 0 rg BT 472.70 689.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.42 689.25 Td (Successor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.41 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 529.91 689.25 Td (period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.25 Td (In ) Tj ET Q q 0 0 0 rg BT 78.54 665.25 Td (connection ) Tj ET Q q 0 0 0 rg BT 125.13 665.25 Td (with ) Tj ET Q q 0 0 0 rg BT 145.62 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 160.55 665.25 Td (preparation ) Tj ET Q q 0 0 0 rg BT 208.79 665.25 Td (of ) Tj ET Q q 0 0 0 rg BT 219.83 665.25 Td (our ) Tj ET Q q 0 0 0 rg BT 235.88 665.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 289.13 665.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 326.82 665.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 374.25 665.25 Td (we ) Tj ET Q q 0 0 0 rg BT 388.62 665.25 Td (make ) Tj ET Q q 0 0 0 rg BT 412.99 665.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 452.91 665.25 Td (and ) Tj ET Q q 0 0 0 rg BT 470.06 665.25 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 522.22 665.25 Td (that ) Tj ET Q q 0 0 0 rg BT 539.93 665.25 Td (af) Tj ET Q q 0 0 0 rg BT 547.52 665.25 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.97 653.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 101.55 653.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 138.69 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 150.28 653.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 176.86 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 194.56 653.25 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 237.53 653.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 272.43 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 290.13 653.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 329.49 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 347.18 653.25 Td (related ) Tj ET Q q 0 0 0 rg BT 377.64 653.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 421.44 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 433.03 653.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 478.50 653.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 505.09 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 522.78 653.25 Td (liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 82.02 641.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 128.41 641.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 162.04 641.25 Td (are ) Tj ET Q q 0 0 0 rg BT 176.78 641.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 209.29 641.25 Td (as ) Tj ET Q q 0 0 0 rg BT 220.14 641.25 Td (those ) Tj ET Q q 0 0 0 rg BT 243.78 641.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 277.41 641.25 Td (that ) Tj ET Q q 0 0 0 rg BT 294.93 641.25 Td (are ) Tj ET Q q 0 0 0 rg BT 309.66 641.25 Td (reflective ) Tj ET Q q 0 0 0 rg BT 349.94 641.25 Td (of ) Tj ET Q q 0 0 0 rg BT 360.79 641.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 405.53 641.25 Td (judgments, ) Tj ET Q q 0 0 0 rg BT 452.22 641.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 491.96 641.25 Td (and ) Tj ET Q q 0 0 0 rg BT 508.92 641.25 Td (uncertainties, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (which ) Tj ET Q q 0 0 0 rg BT 75.93 629.25 Td (would ) Tj ET Q q 0 0 0 rg BT 102.93 629.25 Td (potentially ) Tj ET Q q 0 0 0 rg BT 147.70 629.25 Td (result ) Tj ET Q q 0 0 0 rg BT 171.91 629.25 Td (in ) Tj ET Q q 0 0 0 rg BT 181.68 629.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 224.22 629.25 Td (dif) Tj ET Q q 0 0 0 rg BT 235.14 629.25 Td (ferent ) Tj ET Q q 0 0 0 rg BT 260.46 629.25 Td (results ) Tj ET Q q 0 0 0 rg BT 288.56 629.25 Td (under ) Tj ET Q q 0 0 0 rg BT 313.32 629.25 Td (dif) Tj ET Q q 0 0 0 rg BT 324.25 629.25 Td (ferent ) Tj ET Q q 0 0 0 rg BT 349.56 629.25 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 401.01 629.25 Td (and ) Tj ET Q q 0 0 0 rg BT 417.44 629.25 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 463.46 629.25 Td (W) Tj ET Q q 0 0 0 rg BT 472.10 629.25 Td (e ) Tj ET Q q 0 0 0 rg BT 478.53 629.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 509.40 629.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.61 629.25 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 96.11 617.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 129.95 617.25 Td (are ) Tj ET Q q 0 0 0 rg BT 144.89 617.25 Td (critical ) Tj ET Q q 0 0 0 rg BT 175.39 617.25 Td (in ) Tj ET Q q 0 0 0 rg BT 185.90 617.25 Td (the ) Tj ET Q q 0 0 0 rg BT 200.86 617.25 Td (preparation ) Tj ET Q q 0 0 0 rg BT 249.13 617.25 Td (of ) Tj ET Q q 0 0 0 rg BT 260.19 617.25 Td (our ) Tj ET Q q 0 0 0 rg BT 276.26 617.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 329.54 617.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 367.26 617.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 412.21 617.25 Td (because ) Tj ET Q q 0 0 0 rg BT 446.59 617.25 Td (of ) Tj ET Q q 0 0 0 rg BT 457.65 617.25 Td (the ) Tj ET Q q 0 0 0 rg BT 472.61 617.25 Td (judgment ) Tj ET Q q 0 0 0 rg BT 513.12 617.25 Td (necessary ) Tj ET Q q 0 0 0 rg BT 554.72 617.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (account ) Tj ET Q q 0 0 0 rg BT 83.09 605.25 Td (for ) Tj ET Q q 0 0 0 rg BT 97.25 605.25 Td (these ) Tj ET Q q 0 0 0 rg BT 120.30 605.25 Td (matters ) Tj ET Q q 0 0 0 rg BT 152.23 605.25 Td (and ) Tj ET Q q 0 0 0 rg BT 169.17 605.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.89 605.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 228.60 605.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 268.31 605.25 Td (involved, ) Tj ET Q q 0 0 0 rg BT 308.31 605.25 Td (which ) Tj ET Q q 0 0 0 rg BT 335.25 605.25 Td (are ) Tj ET Q q 0 0 0 rg BT 349.95 605.25 Td (susceptible ) Tj ET Q q 0 0 0 rg BT 396.89 605.25 Td (to ) Tj ET Q q 0 0 0 rg BT 407.17 605.25 Td (change:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 581.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 581.25 Td (Impairment ) Tj ET Q q 0 0 0 rg BT 134.65 581.25 Td (of ) Tj ET Q q 0 0 0 rg BT 145.48 581.25 Td (property ) Tj ET Q q 0 0 0 rg BT 181.86 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 198.80 581.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 243.51 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 260.45 581.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 302.94 581.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 328.77 581.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 372.37 581.25 Td (goodwill\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 557.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 557.25 Td (Costs ) Tj ET Q q 0 0 0 rg BT 110.23 557.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 153.83 557.25 Td (with ) Tj ET Q q 0 0 0 rg BT 174.10 557.25 Td (construction ) Tj ET Q q 0 0 0 rg BT 226.04 557.25 Td (and ) Tj ET Q q 0 0 0 rg BT 242.98 557.25 Td (installation ) Tj ET Q q 0 0 0 rg BT 289.91 557.25 Td (activities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 533.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 533.25 Td (Fair ) Tj ET Q q 0 0 0 rg BT 104.11 533.25 Td (value ) Tj ET Q q 0 0 0 rg BT 128.26 533.25 Td (measurements; ) Tj ET Q q 0 0 0 rg BT 190.74 533.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 509.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 509.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 117.99 509.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 132.70 509.25 Td (accounting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 485.25 Td (For ) Tj ET Q q 0 0 0 rg BT 83.40 485.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 125.40 485.25 Td (information ) Tj ET Q q 0 0 0 rg BT 174.62 485.25 Td (concerning ) Tj ET Q q 0 0 0 rg BT 221.05 485.25 Td (our ) Tj ET Q q 0 0 0 rg BT 236.39 485.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 280.62 485.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 326.50 485.25 Td (policies, ) Tj ET Q q 0 0 0 rg BT 362.11 485.25 Td (see ) Tj ET Q q 0 0 0 rg BT 376.89 485.25 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.11 485.25 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.11 485.25 Td ( ) Tj ET Q q 0 0 0 rg BT 403.12 485.25 Td (to ) Tj ET Q q 0 0 0 rg BT 412.91 485.25 Td (our ) Tj ET Q q 0 0 0 rg BT 428.25 485.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 480.80 485.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.79 485.25 Td (statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 461.25 Td (Impairment ) Tj ET Q q 0 0 0 rg BT 109.90 461.25 Td (of ) Tj ET Q q 0 0 0 rg BT 120.73 461.25 Td (Property ) Tj ET Q q 0 0 0 rg BT 158.77 461.25 Td (and ) Tj ET Q q 0 0 0 rg BT 176.83 461.25 Td (Equipment ) Tj ET Q q 0 0 0 rg BT 224.90 461.25 Td (and ) Tj ET Q q 0 0 0 rg BT 242.96 461.25 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 287.88 461.25 Td (Assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 437.25 Td (Carrying ) Tj ET Q q 0 0 0 rg BT 106.64 437.25 Td (V) Tj ET Q q 0 0 0 rg BT 111.64 437.25 Td (alue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.35 437.25 Td ( ) Tj ET Q q 0 0 0 rg BT 133.65 437.25 Td (The ) Tj ET Q q 0 0 0 rg BT 151.66 437.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 192.99 437.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 228.77 437.25 Td (value ) Tj ET Q q 0 0 0 rg BT 252.90 437.25 Td (of ) Tj ET Q q 0 0 0 rg BT 263.70 437.25 Td (our ) Tj ET Q q 0 0 0 rg BT 279.49 437.25 Td (property ) Tj ET Q q 0 0 0 rg BT 315.84 437.25 Td (and ) Tj ET Q q 0 0 0 rg BT 332.75 437.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 377.43 437.25 Td (and ) Tj ET Q q 0 0 0 rg BT 394.33 437.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 436.79 437.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 462.59 437.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 506.16 437.25 Td (goodwill\) ) Tj ET Q q 0 0 0 rg BT 547.52 437.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (was ) Tj ET Q q 0 0 0 rg BT 67.55 425.25 Td (held ) Tj ET Q q 0 0 0 rg BT 87.27 425.25 Td (for ) Tj ET Q q 0 0 0 rg BT 101.43 425.25 Td (use ) Tj ET Q q 0 0 0 rg BT 117.26 425.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 161.41 425.25 Td (94.8% ) Tj ET Q q 0 0 0 rg BT 189.74 425.25 Td (of ) Tj ET Q q 0 0 0 rg BT 200.57 425.25 Td (our ) Tj ET Q q 0 0 0 rg BT 216.40 425.25 Td (total ) Tj ET Q q 0 0 0 rg BT 236.68 425.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 262.51 425.25 Td (at ) Tj ET Q q 0 0 0 rg BT 272.22 425.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 330.81 425.25 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 401.25 Td (When ) Tj ET Q q 0 0 0 rg BT 93.50 401.25 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 152.25 401.25 Td (warrant, ) Tj ET Q q 0 0 0 rg BT 187.41 401.25 Td (we ) Tj ET Q q 0 0 0 rg BT 201.19 401.25 Td (review ) Tj ET Q q 0 0 0 rg BT 230.51 401.25 Td (the ) Tj ET Q q 0 0 0 rg BT 244.85 401.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 280.28 401.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 316.29 401.25 Td (of ) Tj ET Q q 0 0 0 rg BT 326.73 401.25 Td (our ) Tj ET Q q 0 0 0 rg BT 342.18 401.25 Td (property ) Tj ET Q q 0 0 0 rg BT 378.18 401.25 Td (and ) Tj ET Q q 0 0 0 rg BT 394.73 401.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 439.06 401.25 Td (and ) Tj ET Q q 0 0 0 rg BT 455.62 401.25 Td (our ) Tj ET Q q 0 0 0 rg BT 471.07 401.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 513.18 401.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 538.63 401.25 Td (\(other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (than ) Tj ET Q q 0 0 0 rg BT 68.55 389.25 Td (goodwill\) ) Tj ET Q q 0 0 0 rg BT 109.28 389.25 Td (to ) Tj ET Q q 0 0 0 rg BT 118.89 389.25 Td (determine ) Tj ET Q q 0 0 0 rg BT 160.71 389.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 194.76 389.25 Td (such ) Tj ET Q q 0 0 0 rg BT 214.92 389.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 250.08 389.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 285.80 389.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 322.07 389.25 Td (to ) Tj ET Q q 0 0 0 rg BT 331.69 389.25 Td (be ) Tj ET Q q 0 0 0 rg BT 342.96 389.25 Td (recoverable. ) Tj ET Q q 0 0 0 rg BT 393.93 389.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 415.77 389.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 449.81 389.25 Td (in ) Tj ET Q q 0 0 0 rg BT 459.43 389.25 Td (circumstance ) Tj ET Q q 0 0 0 rg BT 514.02 389.25 Td (may ) Tj ET Q q 0 0 0 rg BT 533.07 389.25 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (\(i\)an ) Tj ET Q q 0 0 0 rg BT 72.70 377.25 Td (expectation ) Tj ET Q q 0 0 0 rg BT 120.61 377.25 Td (of ) Tj ET Q q 0 0 0 rg BT 130.77 377.25 Td (a ) Tj ET Q q 0 0 0 rg BT 137.03 377.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 154.40 377.25 Td (or ) Tj ET Q q 0 0 0 rg BT 164.55 377.25 Td (disposal ) Tj ET Q q 0 0 0 rg BT 199.16 377.25 Td (of ) Tj ET Q q 0 0 0 rg BT 209.31 377.25 Td (a ) Tj ET Q q 0 0 0 rg BT 215.57 377.25 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 258.50 377.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 279.76 377.25 Td (or ) Tj ET Q q 0 0 0 rg BT 289.92 377.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 311.18 377.25 Td (group, ) Tj ET Q q 0 0 0 rg BT 338.83 377.25 Td (\(ii\)an ) Tj ET Q q 0 0 0 rg BT 364.81 377.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 397.17 377.25 Td (change ) Tj ET Q q 0 0 0 rg BT 427.31 377.25 Td (in ) Tj ET Q q 0 0 0 rg BT 436.91 377.25 Td (legal ) Tj ET Q q 0 0 0 rg BT 458.17 377.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 487.20 377.25 Td (or ) Tj ET Q q 0 0 0 rg BT 497.35 377.25 Td (business ) Tj ET Q q 0 0 0 rg BT 533.07 377.25 Td (climate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.99 365.25 Td (the ) Tj ET Q q 0 0 0 rg BT 74.91 365.25 Td (market ) Tj ET Q q 0 0 0 rg BT 105.39 365.25 Td (in ) Tj ET Q q 0 0 0 rg BT 115.87 365.25 Td (which ) Tj ET Q q 0 0 0 rg BT 143.02 365.25 Td (we ) Tj ET Q q 0 0 0 rg BT 157.39 365.25 Td (operate, ) Tj ET Q q 0 0 0 rg BT 192.02 365.25 Td (and ) Tj ET Q q 0 0 0 rg BT 209.17 365.25 Td (\(iii\)operating ) Tj ET Q q 0 0 0 rg BT 267.14 365.25 Td (or ) Tj ET Q q 0 0 0 rg BT 278.18 365.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 298.65 365.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 319.69 365.25 Td (losses. ) Tj ET Q q 0 0 0 rg BT 348.79 365.25 Td (For ) Tj ET Q q 0 0 0 rg BT 365.39 365.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 403.66 365.25 Td (of ) Tj ET Q q 0 0 0 rg BT 414.69 365.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 463.50 365.25 Td (testing, ) Tj ET Q q 0 0 0 rg BT 495.38 365.25 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 539.19 365.25 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td (are ) Tj ET Q q 0 0 0 rg BT 64.31 353.25 Td (grouped ) Tj ET Q q 0 0 0 rg BT 99.69 353.25 Td (at ) Tj ET Q q 0 0 0 rg BT 109.51 353.25 Td (the ) Tj ET Q q 0 0 0 rg BT 124.34 353.25 Td (lowest ) Tj ET Q q 0 0 0 rg BT 153.05 353.25 Td (level ) Tj ET Q q 0 0 0 rg BT 175.10 353.25 Td (for ) Tj ET Q q 0 0 0 rg BT 189.36 353.25 Td (which ) Tj ET Q q 0 0 0 rg BT 216.41 353.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 236.79 353.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 261.61 353.25 Td (are ) Tj ET Q q 0 0 0 rg BT 276.43 353.25 Td (lar) Tj ET Q q 0 0 0 rg BT 286.79 353.25 Td (gely ) Tj ET Q q 0 0 0 rg BT 306.62 353.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 358.10 353.25 Td (of ) Tj ET Q q 0 0 0 rg BT 369.04 353.25 Td (other ) Tj ET Q q 0 0 0 rg BT 392.19 353.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 418.13 353.25 Td (and ) Tj ET Q q 0 0 0 rg BT 435.17 353.25 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 477.50 353.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 517.31 353.25 Td (at ) Tj ET Q q 0 0 0 rg BT 527.13 353.25 Td (or ) Tj ET Q q 0 0 0 rg BT 538.07 353.25 Td (below ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.42 341.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 103.78 341.25 Td (unit ) Tj ET Q q 0 0 0 rg BT 122.04 341.25 Td (level ) Tj ET Q q 0 0 0 rg BT 144.18 341.25 Td (\(see ) Tj ET Q q 0 0 0 rg BT 162.98 341.25 Td (below\). ) Tj ET Q q 0 0 0 rg BT 195.95 341.25 Td (If ) Tj ET Q q 0 0 0 rg BT 205.32 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 220.24 341.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 256.26 341.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 288.96 341.25 Td (of ) Tj ET Q q 0 0 0 rg BT 299.99 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 314.91 341.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 337.06 341.25 Td (or ) Tj ET Q q 0 0 0 rg BT 348.09 341.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 370.23 341.25 Td (group ) Tj ET Q q 0 0 0 rg BT 396.27 341.25 Td (is ) Tj ET Q q 0 0 0 rg BT 405.64 341.25 Td (greater ) Tj ET Q q 0 0 0 rg BT 436.10 341.25 Td (than ) Tj ET Q q 0 0 0 rg BT 456.02 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 470.94 341.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 509.18 341.25 Td (undiscounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.48 329.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 93.92 329.25 Td (to ) Tj ET Q q 0 0 0 rg BT 103.91 329.25 Td (be ) Tj ET Q q 0 0 0 rg BT 115.56 329.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 156.64 329.25 Td (by ) Tj ET Q q 0 0 0 rg BT 168.85 329.25 Td (such ) Tj ET Q q 0 0 0 rg BT 189.39 329.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 211.04 329.25 Td (or ) Tj ET Q q 0 0 0 rg BT 221.59 329.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 243.24 329.25 Td (group, ) Tj ET Q q 0 0 0 rg BT 271.28 329.25 Td (an ) Tj ET Q q 0 0 0 rg BT 282.94 329.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 331.25 329.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 377.34 329.25 Td (is ) Tj ET Q q 0 0 0 rg BT 386.23 329.25 Td (recognized. ) Tj ET Q q 0 0 0 rg BT 434.80 329.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 457.02 329.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 503.11 329.25 Td (is ) Tj ET Q q 0 0 0 rg BT 511.99 329.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 552.52 329.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 63.38 317.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 95.04 317.25 Td (that ) Tj ET Q q 0 0 0 rg BT 111.70 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 125.58 317.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 160.56 317.25 Td (value ) Tj ET Q q 0 0 0 rg BT 183.88 317.25 Td (of ) Tj ET Q q 0 0 0 rg BT 193.88 317.25 Td (such ) Tj ET Q q 0 0 0 rg BT 213.88 317.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 234.98 317.25 Td (or ) Tj ET Q q 0 0 0 rg BT 244.97 317.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 266.08 317.25 Td (group ) Tj ET Q q 0 0 0 rg BT 291.07 317.25 Td (exceeds ) Tj ET Q q 0 0 0 rg BT 324.38 317.25 Td (its ) Tj ET Q q 0 0 0 rg BT 335.50 317.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 351.04 317.25 Td (value. ) Tj ET Q q 0 0 0 rg BT 376.74 317.25 Td (W) Tj ET Q q 0 0 0 rg BT 385.38 317.25 Td (e ) Tj ET Q q 0 0 0 rg BT 391.48 317.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 430.35 317.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 465.33 317.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 480.87 317.25 Td (value ) Tj ET Q q 0 0 0 rg BT 504.19 317.25 Td (by ) Tj ET Q q 0 0 0 rg BT 515.85 317.25 Td (considering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.25 Td (\(a\)sale ) Tj ET Q q 0 0 0 rg BT 80.65 305.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 106.53 305.25 Td (for ) Tj ET Q q 0 0 0 rg BT 120.20 305.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 149.97 305.25 Td (assets, ) Tj ET Q q 0 0 0 rg BT 177.81 305.25 Td (\(b\)discounted ) Tj ET Q q 0 0 0 rg BT 237.30 305.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 277.62 305.25 Td (future ) Tj ET Q q 0 0 0 rg BT 303.50 305.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 323.28 305.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 347.50 305.25 Td (using ) Tj ET Q q 0 0 0 rg BT 371.18 305.25 Td (an ) Tj ET Q q 0 0 0 rg BT 382.62 305.25 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 430.16 305.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 466.05 305.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 483.04 305.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 510.59 305.25 Td (\(c\)estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.25 Td (replacement ) Tj ET Q q 0 0 0 rg BT 100.86 293.25 Td (cost. ) Tj ET Q q 0 0 0 rg BT 121.41 293.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 150.03 293.25 Td (to ) Tj ET Q q 0 0 0 rg BT 160.31 293.25 Td (be ) Tj ET Q q 0 0 0 rg BT 172.24 293.25 Td (disposed ) Tj ET Q q 0 0 0 rg BT 209.74 293.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.57 293.25 Td (are ) Tj ET Q q 0 0 0 rg BT 235.28 293.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 272.76 293.25 Td (at ) Tj ET Q q 0 0 0 rg BT 282.47 293.25 Td (the ) Tj ET Q q 0 0 0 rg BT 297.19 293.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 322.46 293.25 Td (of ) Tj ET Q q 0 0 0 rg BT 333.29 293.25 Td (their ) Tj ET Q q 0 0 0 rg BT 354.11 293.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 389.93 293.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 422.42 293.25 Td (or ) Tj ET Q q 0 0 0 rg BT 433.25 293.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 449.63 293.25 Td (value ) Tj ET Q q 0 0 0 rg BT 473.79 293.25 Td (less ) Tj ET Q q 0 0 0 rg BT 491.29 293.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 513.79 293.25 Td (to ) Tj ET Q q 0 0 0 rg BT 524.07 293.25 Td (sell.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 269.25 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 269.25 Td (e ) Tj ET Q q 0 0 0 rg BT 82.78 269.25 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 118.29 269.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 156.04 269.25 Td (for ) Tj ET Q q 0 0 0 rg BT 169.90 269.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 218.20 269.25 Td (at ) Tj ET Q q 0 0 0 rg BT 227.62 269.25 Td (least ) Tj ET Q q 0 0 0 rg BT 248.14 269.25 Td (annually ) Tj ET Q q 0 0 0 rg BT 284.78 269.25 Td (on ) Tj ET Q q 0 0 0 rg BT 296.98 269.25 Td (October1 ) Tj ET Q q 0 0 0 rg BT 338.88 269.25 Td (and ) Tj ET Q q 0 0 0 rg BT 355.52 269.25 Td (whenever ) Tj ET Q q 0 0 0 rg BT 396.59 269.25 Td (facts ) Tj ET Q q 0 0 0 rg BT 417.66 269.25 Td (and ) Tj ET Q q 0 0 0 rg BT 434.30 269.25 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 493.14 269.25 Td (indicate ) Tj ET Q q 0 0 0 rg BT 526.99 269.25 Td (that ) Tj ET Q q 0 0 0 rg BT 544.19 269.25 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 86.56 257.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 124.20 257.25 Td (may ) Tj ET Q q 0 0 0 rg BT 145.16 257.25 Td (not ) Tj ET Q q 0 0 0 rg BT 161.69 257.25 Td (be ) Tj ET Q q 0 0 0 rg BT 174.87 257.25 Td (recoverable. ) Tj ET Q q 0 0 0 rg BT 227.75 257.25 Td (For ) Tj ET Q q 0 0 0 rg BT 245.39 257.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 295.24 257.25 Td (evaluations ) Tj ET Q q 0 0 0 rg BT 344.53 257.25 Td (with ) Tj ET Q q 0 0 0 rg BT 366.05 257.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 398.12 257.25 Td (to ) Tj ET Q q 0 0 0 rg BT 409.64 257.25 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 451.45 257.25 Td (we ) Tj ET Q q 0 0 0 rg BT 466.85 257.25 Td (first ) Tj ET Q q 0 0 0 rg BT 486.71 257.25 Td (make ) Tj ET Q q 0 0 0 rg BT 512.11 257.25 Td (a ) Tj ET Q q 0 0 0 rg BT 520.30 257.25 Td (qualitative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (assessment ) Tj ET Q q 0 0 0 rg BT 96.78 245.25 Td (to ) Tj ET Q q 0 0 0 rg BT 107.39 245.25 Td (determine ) Tj ET Q q 0 0 0 rg BT 150.21 245.25 Td (if ) Tj ET Q q 0 0 0 rg BT 159.15 245.25 Td (the ) Tj ET Q q 0 0 0 rg BT 174.21 245.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 212.60 245.25 Td (may ) Tj ET Q q 0 0 0 rg BT 232.65 245.25 Td (be ) Tj ET Q q 0 0 0 rg BT 244.93 245.25 Td (impaired. ) Tj ET Q q 0 0 0 rg BT 285.81 245.25 Td (If ) Tj ET Q q 0 0 0 rg BT 295.31 245.25 Td (it ) Tj ET Q q 0 0 0 rg BT 303.70 245.25 Td (is ) Tj ET Q q 0 0 0 rg BT 313.21 245.25 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 399.35 245.25 Td (that ) Tj ET Q q 0 0 0 rg BT 417.18 245.25 Td (the ) Tj ET Q q 0 0 0 rg BT 432.23 245.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 471.73 245.25 Td (unit) Tj ET Q q 0 0 0 rg BT 490.06 245.25 Td (s ) Tj ET Q q 0 0 0 rg BT 496.79 245.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 513.50 245.25 Td (value ) Tj ET Q q 0 0 0 rg BT 538.00 245.25 Td (is ) Tj ET Q q 0 0 0 rg BT 547.50 245.25 Td (less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (than ) Tj ET Q q 0 0 0 rg BT 69.36 233.25 Td (its ) Tj ET Q q 0 0 0 rg BT 81.46 233.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 117.42 233.25 Td (value, ) Tj ET Q q 0 0 0 rg BT 144.22 233.25 Td (we ) Tj ET Q q 0 0 0 rg BT 158.53 233.25 Td (then ) Tj ET Q q 0 0 0 rg BT 178.39 233.25 Td (compare ) Tj ET Q q 0 0 0 rg BT 215.46 233.25 Td (the ) Tj ET Q q 0 0 0 rg BT 230.33 233.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 246.85 233.25 Td (value ) Tj ET Q q 0 0 0 rg BT 271.15 233.25 Td (of ) Tj ET Q q 0 0 0 rg BT 282.13 233.25 Td (the ) Tj ET Q q 0 0 0 rg BT 296.99 233.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 336.29 233.25 Td (unit ) Tj ET Q q 0 0 0 rg BT 354.50 233.25 Td (to ) Tj ET Q q 0 0 0 rg BT 364.92 233.25 Td (its ) Tj ET Q q 0 0 0 rg BT 377.01 233.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 420.19 233.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 456.16 233.25 Td (amount. ) Tj ET Q q 0 0 0 rg BT 490.71 233.25 Td (Any ) Tj ET Q q 0 0 0 rg BT 510.58 233.25 Td (excess ) Tj ET Q q 0 0 0 rg BT 539.33 233.25 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 233.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 84.78 221.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 116.74 221.25 Td (over ) Tj ET Q q 0 0 0 rg BT 136.48 221.25 Td (the ) Tj ET Q q 0 0 0 rg BT 150.66 221.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 166.50 221.25 Td (value ) Tj ET Q q 0 0 0 rg BT 190.12 221.25 Td (would ) Tj ET Q q 0 0 0 rg BT 217.09 221.25 Td (be ) Tj ET Q q 0 0 0 rg BT 228.49 221.25 Td (char) Tj ET Q q 0 0 0 rg BT 245.52 221.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 261.92 221.25 Td (to ) Tj ET Q q 0 0 0 rg BT 271.66 221.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 315.28 221.25 Td (as ) Tj ET Q q 0 0 0 rg BT 325.58 221.25 Td (an ) Tj ET Q q 0 0 0 rg BT 336.98 221.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 385.05 221.25 Td (loss. ) Tj ET Q q 0 0 0 rg BT 404.64 221.25 Td (A) Tj ET Q q 0 0 0 rg BT 411.31 221.25 Td ( ) Tj ET Q q 0 0 0 rg BT 413.28 221.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 451.90 221.25 Td (unit ) Tj ET Q q 0 0 0 rg BT 469.42 221.25 Td (is ) Tj ET Q q 0 0 0 rg BT 478.05 221.25 Td (an ) Tj ET Q q 0 0 0 rg BT 489.46 221.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 529.19 221.25 Td (segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.33 209.25 Td (one ) Tj ET Q q 0 0 0 rg BT 77.27 209.25 Td (level ) Tj ET Q q 0 0 0 rg BT 99.20 209.25 Td (below ) Tj ET Q q 0 0 0 rg BT 126.14 209.25 Td (an ) Tj ET Q q 0 0 0 rg BT 138.08 209.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 178.34 209.25 Td (segment ) Tj ET Q q 0 0 0 rg BT 214.17 209.25 Td (\(referred ) Tj ET Q q 0 0 0 rg BT 251.63 209.25 Td (to ) Tj ET Q q 0 0 0 rg BT 261.91 209.25 Td (as ) Tj ET Q q 0 0 0 rg BT 272.74 209.25 Td (a ) Tj ET Q q 0 0 0 rg BT 279.68 209.25 Td (component\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 185.25 Td (When ) Tj ET Q q 0 0 0 rg BT 93.84 185.25 Td (required, ) Tj ET Q q 0 0 0 rg BT 132.11 185.25 Td (considerable ) Tj ET Q q 0 0 0 rg BT 185.10 185.25 Td (management ) Tj ET Q q 0 0 0 rg BT 238.65 185.25 Td (judgment ) Tj ET Q q 0 0 0 rg BT 278.88 185.25 Td (is ) Tj ET Q q 0 0 0 rg BT 288.01 185.25 Td (necessary ) Tj ET Q q 0 0 0 rg BT 329.33 185.25 Td (to ) Tj ET Q q 0 0 0 rg BT 339.57 185.25 Td (estimate ) Tj ET Q q 0 0 0 rg BT 375.35 185.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.02 185.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 406.36 185.25 Td (value ) Tj ET Q q 0 0 0 rg BT 430.47 185.25 Td (of ) Tj ET Q q 0 0 0 rg BT 441.26 185.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 480.38 185.25 Td (units ) Tj ET Q q 0 0 0 rg BT 502.28 185.25 Td (and ) Tj ET Q q 0 0 0 rg BT 519.18 185.25 Td (underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.25 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 92.82 173.25 Td (and ) Tj ET Q q 0 0 0 rg BT 109.48 173.25 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 173.35 173.25 Td (assets. ) Tj ET Q q 0 0 0 rg BT 201.24 173.25 Td (W) Tj ET Q q 0 0 0 rg BT 209.88 173.25 Td (e ) Tj ET Q q 0 0 0 rg BT 216.54 173.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 253.75 173.25 Td (determine ) Tj ET Q q 0 0 0 rg BT 295.95 173.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 312.05 173.25 Td (value ) Tj ET Q q 0 0 0 rg BT 335.92 173.25 Td (using ) Tj ET Q q 0 0 0 rg BT 359.81 173.25 Td (an ) Tj ET Q q 0 0 0 rg BT 371.47 173.25 Td (income-based ) Tj ET Q q 0 0 0 rg BT 429.23 173.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 468.09 173.25 Td (\(discounted ) Tj ET Q q 0 0 0 rg BT 516.97 173.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 536.96 173.25 Td (flows\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.25 Td (based ) Tj ET Q q 0 0 0 rg BT 75.36 161.25 Td (on ) Tj ET Q q 0 0 0 rg BT 88.45 161.25 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 140.98 161.25 Td (in ) Tj ET Q q 0 0 0 rg BT 151.85 161.25 Td (our ) Tj ET Q q 0 0 0 rg BT 168.27 161.25 Td (long-range ) Tj ET Q q 0 0 0 rg BT 214.67 161.25 Td (business ) Tj ET Q q 0 0 0 rg BT 251.65 161.25 Td (plans ) Tj ET Q q 0 0 0 rg BT 275.85 161.25 Td (and, ) Tj ET Q q 0 0 0 rg BT 295.87 161.25 Td (in ) Tj ET Q q 0 0 0 rg BT 306.74 161.25 Td (some ) Tj ET Q q 0 0 0 rg BT 330.94 161.25 Td (cases, ) Tj ET Q q 0 0 0 rg BT 357.63 161.25 Td (a ) Tj ET Q q 0 0 0 rg BT 365.15 161.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 418.23 161.25 Td (of ) Tj ET Q q 0 0 0 rg BT 429.65 161.25 Td (an ) Tj ET Q q 0 0 0 rg BT 442.18 161.25 Td (income-based ) Tj ET Q q 0 0 0 rg BT 500.80 161.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 540.53 161.25 Td (and ) Tj ET Q q 0 0 0 rg BT 558.06 161.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.25 Td (market-based ) Tj ET Q q 0 0 0 rg BT 106.53 149.25 Td (approach. ) Tj ET Q q 0 0 0 rg BT 148.61 149.25 Td (W) Tj ET Q q 0 0 0 rg BT 157.65 149.25 Td (ith ) Tj ET Q q 0 0 0 rg BT 171.37 149.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 202.85 149.25 Td (to ) Tj ET Q q 0 0 0 rg BT 213.79 149.25 Td (our ) Tj ET Q q 0 0 0 rg BT 230.28 149.25 Td (discounted ) Tj ET Q q 0 0 0 rg BT 276.77 149.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 297.70 149.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 319.20 149.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 354.58 149.25 Td (used ) Tj ET Q q 0 0 0 rg BT 376.07 149.25 Td (in ) Tj ET Q q 0 0 0 rg BT 387.02 149.25 Td (the ) Tj ET Q q 0 0 0 rg BT 402.40 149.25 Td (income-based ) Tj ET Q q 0 0 0 rg BT 461.09 149.25 Td (approach, ) Tj ET Q q 0 0 0 rg BT 503.40 149.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.78 149.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 548.06 149.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 81.98 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 92.80 137.25 Td (future ) Tj ET Q q 0 0 0 rg BT 119.17 137.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 139.43 137.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 164.14 137.25 Td (under ) Tj ET Q q 0 0 0 rg BT 189.40 137.25 Td (these ) Tj ET Q q 0 0 0 rg BT 212.43 137.25 Td (business ) Tj ET Q q 0 0 0 rg BT 248.81 137.25 Td (plans ) Tj ET Q q 0 0 0 rg BT 272.41 137.25 Td (require ) Tj ET Q q 0 0 0 rg BT 303.22 137.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 342.92 137.25 Td (of, ) Tj ET Q q 0 0 0 rg BT 356.24 137.25 Td (among ) Tj ET Q q 0 0 0 rg BT 385.94 137.25 Td (other ) Tj ET Q q 0 0 0 rg BT 408.98 137.25 Td (items, ) Tj ET Q q 0 0 0 rg BT 435.63 137.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 479.22 137.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 510.04 137.25 Td (and ) Tj ET Q q 0 0 0 rg BT 526.97 137.25 Td (retention ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (rates, ) Tj ET Q q 0 0 0 rg BT 73.23 125.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 94.46 125.25 Td (char) Tj ET Q q 0 0 0 rg BT 111.48 125.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 128.27 125.25 Td (per ) Tj ET Q q 0 0 0 rg BT 143.39 125.25 Td (product, ) Tj ET Q q 0 0 0 rg BT 178.79 125.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 216.67 125.25 Td (gross ) Tj ET Q q 0 0 0 rg BT 240.14 125.25 Td (mar) Tj ET Q q 0 0 0 rg BT 255.50 125.25 Td (gins ) Tj ET Q q 0 0 0 rg BT 274.52 125.25 Td (and ) Tj ET Q q 0 0 0 rg BT 291.31 125.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 313.12 125.25 Td (mar) Tj ET Q q 0 0 0 rg BT 328.48 125.25 Td (gins ) Tj ET Q q 0 0 0 rg BT 347.51 125.25 Td (\(OCF ) Tj ET Q q 0 0 0 rg BT 372.64 125.25 Td (divided ) Tj ET Q q 0 0 0 rg BT 404.99 125.25 Td (by ) Tj ET Q q 0 0 0 rg BT 417.34 125.25 Td (revenue\), ) Tj ET Q q 0 0 0 rg BT 457.16 125.25 Td (and ) Tj ET Q q 0 0 0 rg BT 473.95 125.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 511.84 125.25 Td (property ) Tj ET Q q 0 0 0 rg BT 548.06 125.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 94.23 113.25 Td (additions. ) Tj ET Q q 0 0 0 rg BT 135.72 113.25 Td (The ) Tj ET Q q 0 0 0 rg BT 153.78 113.25 Td (development ) Tj ET Q q 0 0 0 rg BT 207.95 113.25 Td (of ) Tj ET Q q 0 0 0 rg BT 218.79 113.25 Td (these ) Tj ET Q q 0 0 0 rg BT 241.85 113.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 262.13 113.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 289.37 113.25 Td (and ) Tj ET Q q 0 0 0 rg BT 306.32 113.25 Td (the ) Tj ET Q q 0 0 0 rg BT 321.05 113.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 357.45 113.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 374.95 113.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 406.90 113.25 Td (to ) Tj ET Q q 0 0 0 rg BT 417.19 113.25 Td (the ) Tj ET Q q 0 0 0 rg BT 431.92 113.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 452.20 113.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 479.44 113.25 Td (is ) Tj ET Q q 0 0 0 rg BT 488.62 113.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 519.46 113.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.75 113.25 Td (inherent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.25 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 105.73 101.25 Td (and ) Tj ET Q q 0 0 0 rg BT 122.82 101.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 149.33 101.25 Td (results ) Tj ET Q q 0 0 0 rg BT 178.08 101.25 Td (could ) Tj ET Q q 0 0 0 rg BT 202.94 101.25 Td (vary ) Tj ET Q q 0 0 0 rg BT 223.36 101.25 Td (significantly ) Tj ET Q q 0 0 0 rg BT 275.99 101.25 Td (from ) Tj ET Q q 0 0 0 rg BT 298.07 101.25 Td (such ) Tj ET Q q 0 0 0 rg BT 319.05 101.25 Td (estimates. ) Tj ET Q q 0 0 0 rg BT 361.40 101.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 379.60 101.25 Td (determination ) Tj ET Q q 0 0 0 rg BT 437.78 101.25 Td (of ) Tj ET Q q 0 0 0 rg BT 448.76 101.25 Td (the ) Tj ET Q q 0 0 0 rg BT 463.62 101.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 500.15 101.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 517.78 101.25 Td (is ) Tj ET Q q 0 0 0 rg BT 527.09 101.25 Td (based ) Tj ET Q q 0 0 0 rg BT 552.50 101.25 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.25 Td (a ) Tj ET Q q 0 0 0 rg BT 56.05 89.25 Td (weighted ) Tj ET Q q 0 0 0 rg BT 94.81 89.25 Td (average ) Tj ET Q q 0 0 0 rg BT 128.00 89.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 146.21 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 156.65 89.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 185.41 89.25 Td (approach, ) Tj ET Q q 0 0 0 rg BT 226.66 89.25 Td (which ) Tj ET Q q 0 0 0 rg BT 253.21 89.25 Td (uses ) Tj ET Q q 0 0 0 rg BT 272.53 89.25 Td (a ) Tj ET Q q 0 0 0 rg BT 279.08 89.25 Td (market ) Tj ET Q q 0 0 0 rg BT 308.95 89.25 Td (participant) Tj ET Q q 0 0 0 rg BT 354.49 89.25 Td (s ) Tj ET Q q 0 0 0 rg BT 360.49 89.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 378.70 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 389.14 89.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 416.24 89.25 Td (and ) Tj ET Q q 0 0 0 rg BT 432.79 89.25 Td (after) Tj ET Q q 0 0 0 rg BT 450.90 89.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 468.56 89.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 486.77 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.21 89.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 516.53 89.25 Td (and ) Tj ET Q q 0 0 0 rg BT 533.08 89.25 Td (reflects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 77.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 85.61 77.25 Td (inherent ) Tj ET Q q 0 0 0 rg BT 120.87 77.25 Td (in ) Tj ET Q q 0 0 0 rg BT 131.15 77.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.87 77.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 166.14 77.25 Td (flows. ) Tj ET Q endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 713.10 Td (During ) Tj ET Q q 0 0 0 rg BT 98.49 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.36 713.10 Td (three ) Tj ET Q q 0 0 0 rg BT 136.01 713.10 Td (years ) Tj ET Q q 0 0 0 rg BT 159.77 713.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.30 713.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 245.04 713.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 270.20 713.10 Td (we ) Tj ET Q q 0 0 0 rg BT 284.52 713.10 Td (did ) Tj ET Q q 0 0 0 rg BT 299.96 713.10 Td (not ) Tj ET Q q 0 0 0 rg BT 315.40 713.10 Td (record ) Tj ET Q q 0 0 0 rg BT 343.59 713.10 Td (any ) Tj ET Q q 0 0 0 rg BT 360.69 713.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 405.56 713.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 454.32 713.10 Td (char) Tj ET Q q 0 0 0 rg BT 471.34 713.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 487.33 713.10 Td (with ) Tj ET Q q 0 0 0 rg BT 507.77 713.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 538.74 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.18 713.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (property ) Tj ET Q q 0 0 0 rg BT 87.29 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 105.63 701.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 151.75 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 170.10 701.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 214.00 701.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 243.74 701.10 Td (For ) Tj ET Q q 0 0 0 rg BT 261.54 701.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 305.44 701.10 Td (information ) Tj ET Q q 0 0 0 rg BT 356.56 701.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 398.78 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 416.02 701.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 461.03 701.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 490.77 701.10 Td (see ) Tj ET Q q 0 0 0 rg BT 507.45 701.10 Td (note ) Tj ET Q q 0 0 0 rg BT 528.57 701.10 Td (8 ) Tj ET Q q 0 0 0 rg BT 537.48 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.17 701.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.54 689.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.02 689.10 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.10 Td (If, ) Tj ET Q q 0 0 0 rg BT 79.39 665.10 Td (among ) Tj ET Q q 0 0 0 rg BT 109.33 665.10 Td (other ) Tj ET Q q 0 0 0 rg BT 132.60 665.10 Td (factors, ) Tj ET Q q 0 0 0 rg BT 165.04 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 179.98 665.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 213.25 665.10 Td (impacts ) Tj ET Q q 0 0 0 rg BT 247.08 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 258.13 665.10 Td (economic, ) Tj ET Q q 0 0 0 rg BT 302.23 665.10 Td (competitive, ) Tj ET Q q 0 0 0 rg BT 354.67 665.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 398.49 665.10 Td (or ) Tj ET Q q 0 0 0 rg BT 409.55 665.10 Td (other ) Tj ET Q q 0 0 0 rg BT 432.82 665.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 462.75 665.10 Td (were ) Tj ET Q q 0 0 0 rg BT 484.91 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 495.42 665.10 Td (cause ) Tj ET Q q 0 0 0 rg BT 520.35 665.10 Td (our ) Tj ET Q q 0 0 0 rg BT 536.41 665.10 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.36 653.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 104.55 653.10 Td (or ) Tj ET Q q 0 0 0 rg BT 115.41 653.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 135.71 653.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 160.46 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 170.77 653.10 Td (be ) Tj ET Q q 0 0 0 rg BT 182.74 653.10 Td (worse ) Tj ET Q q 0 0 0 rg BT 209.16 653.10 Td (than ) Tj ET Q q 0 0 0 rg BT 228.91 653.10 Td (anticipated, ) Tj ET Q q 0 0 0 rg BT 277.81 653.10 Td (which ) Tj ET Q q 0 0 0 rg BT 304.78 653.10 Td (would ) Tj ET Q q 0 0 0 rg BT 332.31 653.10 Td (result ) Tj ET Q q 0 0 0 rg BT 357.06 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 367.37 653.10 Td (a ) Tj ET Q q 0 0 0 rg BT 374.34 653.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 419.08 653.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 456.03 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.34 653.10 Td (our ) Tj ET Q q 0 0 0 rg BT 482.20 653.10 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 524.15 653.10 Td (value, ) Tj ET Q q 0 0 0 rg BT 550.84 653.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (could ) Tj ET Q q 0 0 0 rg BT 74.12 641.10 Td (conclude ) Tj ET Q q 0 0 0 rg BT 112.62 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 122.80 641.10 Td (future ) Tj ET Q q 0 0 0 rg BT 149.08 641.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 180.93 641.10 Td (that ) Tj ET Q q 0 0 0 rg BT 198.33 641.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 246.83 641.10 Td (char) Tj ET Q q 0 0 0 rg BT 263.86 641.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 279.59 641.10 Td (are ) Tj ET Q q 0 0 0 rg BT 294.20 641.10 Td (required ) Tj ET Q q 0 0 0 rg BT 329.92 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 340.11 641.10 Td (order ) Tj ET Q q 0 0 0 rg BT 363.61 641.10 Td (to ) Tj ET Q q 0 0 0 rg BT 373.79 641.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 402.84 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 417.47 641.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 453.19 641.10 Td (values ) Tj ET Q q 0 0 0 rg BT 481.14 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 491.87 641.10 Td (our ) Tj ET Q q 0 0 0 rg BT 507.61 641.10 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 545.57 641.10 Td (and, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 629.10 Td (a ) Tj ET Q q 0 0 0 rg BT 66.72 629.10 Td (lesser ) Tj ET Q q 0 0 0 rg BT 91.99 629.10 Td (extent, ) Tj ET Q q 0 0 0 rg BT 121.42 629.10 Td (other ) Tj ET Q q 0 0 0 rg BT 144.47 629.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 188.07 629.10 Td (assets.) Tj ET Q q 0 0 0 rg BT 215.85 629.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 235.57 629.10 Td (such ) Tj ET Q q 0 0 0 rg BT 256.40 629.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 305.00 629.10 Td (char) Tj ET Q q 0 0 0 rg BT 322.02 629.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 337.85 629.10 Td (could ) Tj ET Q q 0 0 0 rg BT 362.57 629.10 Td (be ) Tj ET Q q 0 0 0 rg BT 374.51 629.10 Td (significant.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 605.10 Td (Costs ) Tj ET Q q 0 0 0 rg BT 82.86 605.10 Td (Associated ) Tj ET Q q 0 0 0 rg BT 129.25 605.10 Td (with ) Tj ET Q q 0 0 0 rg BT 149.54 605.10 Td (Construction ) Tj ET Q q 0 0 0 rg BT 205.95 605.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.01 605.10 Td (Installation ) Tj ET Q q 0 0 0 rg BT 273.93 605.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 581.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 581.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.08 581.10 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 123.89 581.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 146.40 581.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 190.00 581.10 Td (with ) Tj ET Q q 0 0 0 rg BT 210.29 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.01 581.10 Td (construction ) Tj ET Q q 0 0 0 rg BT 276.95 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.79 581.10 Td (new ) Tj ET Q q 0 0 0 rg BT 306.95 581.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 330.55 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.50 581.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 377.78 581.10 Td (transmission ) Tj ET Q q 0 0 0 rg BT 430.84 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 447.78 581.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 496.40 581.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 533.34 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.28 581.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 96.84 569.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.07 569.10 Td (new ) Tj ET Q q 0 0 0 rg BT 127.63 569.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 151.62 569.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 189.23 569.10 Td (Installation ) Tj ET Q q 0 0 0 rg BT 237.12 569.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 276.12 569.10 Td (that ) Tj ET Q q 0 0 0 rg BT 294.02 569.10 Td (are ) Tj ET Q q 0 0 0 rg BT 309.12 569.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 355.33 569.10 Td (include ) Tj ET Q q 0 0 0 rg BT 387.66 569.10 Td (\(i\)the ) Tj ET Q q 0 0 0 rg BT 414.72 569.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 440.95 569.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 487.72 569.10 Td (\(or ) Tj ET Q q 0 0 0 rg BT 502.28 569.10 Td (drop\) ) Tj ET Q q 0 0 0 rg BT 526.84 569.10 Td (from ) Tj ET Q q 0 0 0 rg BT 549.18 569.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 73.13 557.10 Td (system ) Tj ET Q q 0 0 0 rg BT 103.45 557.10 Td (to ) Tj ET Q q 0 0 0 rg BT 113.76 557.10 Td (a ) Tj ET Q q 0 0 0 rg BT 120.74 557.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 159.93 557.10 Td (location, ) Tj ET Q q 0 0 0 rg BT 197.18 557.10 Td (\(ii\)the ) Tj ET Q q 0 0 0 rg BT 226.66 557.10 Td (replacement ) Tj ET Q q 0 0 0 rg BT 278.05 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 288.92 557.10 Td (a ) Tj ET Q q 0 0 0 rg BT 295.90 557.10 Td (drop, ) Tj ET Q q 0 0 0 rg BT 319.26 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.24 557.10 Td (\(iii\)the ) Tj ET Q q 0 0 0 rg BT 368.49 557.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 415.47 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.34 557.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 471.09 557.10 Td (for ) Tj ET Q q 0 0 0 rg BT 485.28 557.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 527.81 557.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (such ) Tj ET Q q 0 0 0 rg BT 70.21 545.10 Td (as ) Tj ET Q q 0 0 0 rg BT 80.93 545.10 Td (digital ) Tj ET Q q 0 0 0 rg BT 108.86 545.10 Td (cable, ) Tj ET Q q 0 0 0 rg BT 134.84 545.10 Td (telephone ) Tj ET Q q 0 0 0 rg BT 176.09 545.10 Td (or ) Tj ET Q q 0 0 0 rg BT 186.80 545.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 231.39 545.10 Td (internet ) Tj ET Q q 0 0 0 rg BT 264.32 545.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 297.35 545.10 Td (The ) Tj ET Q q 0 0 0 rg BT 315.27 545.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 337.66 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 348.37 545.10 Td (other ) Tj ET Q q 0 0 0 rg BT 371.30 545.10 Td (customer) Tj ET Q q 0 0 0 rg BT 407.76 545.10 Td (-facing ) Tj ET Q q 0 0 0 rg BT 438.45 545.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 479.44 545.10 Td (such ) Tj ET Q q 0 0 0 rg BT 500.15 545.10 Td (as ) Tj ET Q q 0 0 0 rg BT 510.86 545.10 Td (reconnecting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 87.83 533.10 Td (locations ) Tj ET Q q 0 0 0 rg BT 125.61 533.10 Td (where ) Tj ET Q q 0 0 0 rg BT 151.71 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 157.82 533.10 Td (drop ) Tj ET Q q 0 0 0 rg BT 177.83 533.10 Td (already ) Tj ET Q q 0 0 0 rg BT 208.92 533.10 Td (exists, ) Tj ET Q q 0 0 0 rg BT 235.88 533.10 Td (disconnecting ) Tj ET Q q 0 0 0 rg BT 293.09 533.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 331.42 533.10 Td (locations, ) Tj ET Q q 0 0 0 rg BT 371.70 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 387.81 533.10 Td (repairing ) Tj ET Q q 0 0 0 rg BT 425.58 533.10 Td (or ) Tj ET Q q 0 0 0 rg BT 435.58 533.10 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 485.02 533.10 Td (drops, ) Tj ET Q q 0 0 0 rg BT 511.42 533.10 Td (are ) Tj ET Q q 0 0 0 rg BT 525.30 533.10 Td (expensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.33 521.10 Td (incurred.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 497.10 Td (The ) Tj ET Q q 0 0 0 rg BT 84.81 497.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 111.56 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 127.76 497.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 159.52 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 169.61 497.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 191.92 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 208.12 497.10 Td (other ) Tj ET Q q 0 0 0 rg BT 230.43 497.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 252.19 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 261.73 497.10 Td (be ) Tj ET Q q 0 0 0 rg BT 272.93 497.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 318.00 497.10 Td (with ) Tj ET Q q 0 0 0 rg BT 337.54 497.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 367.62 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 377.16 497.10 Td (construction ) Tj ET Q q 0 0 0 rg BT 428.36 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.56 497.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 490.76 497.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 528.62 497.10 Td (involves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 93.09 485.10 Td (judgment. ) Tj ET Q q 0 0 0 rg BT 134.75 485.10 Td (In ) Tj ET Q q 0 0 0 rg BT 144.46 485.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 178.61 485.10 Td (to ) Tj ET Q q 0 0 0 rg BT 187.77 485.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 211.92 485.10 Td (external ) Tj ET Q q 0 0 0 rg BT 245.50 485.10 Td (and ) Tj ET Q q 0 0 0 rg BT 261.32 485.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 293.24 485.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 315.17 485.10 Td (and ) Tj ET Q q 0 0 0 rg BT 330.99 485.10 Td (materials, ) Tj ET Q q 0 0 0 rg BT 371.52 485.10 Td (we ) Tj ET Q q 0 0 0 rg BT 384.56 485.10 Td (also ) Tj ET Q q 0 0 0 rg BT 402.05 485.10 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 441.74 485.10 Td (other ) Tj ET Q q 0 0 0 rg BT 463.66 485.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 485.04 485.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 516.97 485.10 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.56 473.10 Td (our ) Tj ET Q q 0 0 0 rg BT 77.17 473.10 Td (construction ) Tj ET Q q 0 0 0 rg BT 129.88 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 147.60 473.10 Td (installation ) Tj ET Q q 0 0 0 rg BT 195.32 473.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 237.20 473.10 Td (including ) Tj ET Q q 0 0 0 rg BT 278.25 473.10 Td (dispatch ) Tj ET Q q 0 0 0 rg BT 314.86 473.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 340.64 473.10 Td (quality-control ) Tj ET Q q 0 0 0 rg BT 403.35 473.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 429.13 473.10 Td (vehicle-related ) Tj ET Q q 0 0 0 rg BT 491.81 473.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 517.59 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.31 473.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (warehouse-related ) Tj ET Q q 0 0 0 rg BT 124.41 461.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 148.41 461.10 Td (The ) Tj ET Q q 0 0 0 rg BT 165.57 461.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 221.05 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 230.99 461.10 Td (these ) Tj ET Q q 0 0 0 rg BT 253.16 461.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 274.77 461.10 Td (is ) Tj ET Q q 0 0 0 rg BT 283.06 461.10 Td (based ) Tj ET Q q 0 0 0 rg BT 307.44 461.10 Td (on ) Tj ET Q q 0 0 0 rg BT 319.06 461.10 Td (time ) Tj ET Q q 0 0 0 rg BT 338.45 461.10 Td (sheets, ) Tj ET Q q 0 0 0 rg BT 367.01 461.10 Td (time ) Tj ET Q q 0 0 0 rg BT 386.40 461.10 Td (studies, ) Tj ET Q q 0 0 0 rg BT 418.29 461.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 453.78 461.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 477.90 461.10 Td (call ) Tj ET Q q 0 0 0 rg BT 493.95 461.10 Td (tracking ) Tj ET Q q 0 0 0 rg BT 528.33 461.10 Td (systems, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.17 449.10 Td (other ) Tj ET Q q 0 0 0 rg BT 88.94 449.10 Td (verifiable ) Tj ET Q q 0 0 0 rg BT 129.48 449.10 Td (means ) Tj ET Q q 0 0 0 rg BT 157.25 449.10 Td (that ) Tj ET Q q 0 0 0 rg BT 174.47 449.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 207.24 449.10 Td (link ) Tj ET Q q 0 0 0 rg BT 225.02 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.47 449.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 261.69 449.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 297.23 449.10 Td (with ) Tj ET Q q 0 0 0 rg BT 317.24 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.68 449.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 375.00 449.10 Td (capitalizable ) Tj ET Q q 0 0 0 rg BT 427.75 449.10 Td (activity) Tj ET Q q 0 0 0 rg BT 457.09 449.10 Td (. ) Tj ET Q q 0 0 0 rg BT 461.65 449.10 Td (W) Tj ET Q q 0 0 0 rg BT 470.29 449.10 Td (e ) Tj ET Q q 0 0 0 rg BT 476.96 449.10 Td (continuously ) Tj ET Q q 0 0 0 rg BT 530.85 449.10 Td (monitor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.38 437.10 Td (appropriateness ) Tj ET Q q 0 0 0 rg BT 131.80 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 143.79 437.10 Td (our ) Tj ET Q q 0 0 0 rg BT 160.79 437.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 218.31 437.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 253.08 437.10 Td (and ) Tj ET Q q 0 0 0 rg BT 271.18 437.10 Td (update ) Tj ET Q q 0 0 0 rg BT 301.50 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 317.38 437.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 352.15 437.10 Td (when ) Tj ET Q q 0 0 0 rg BT 377.47 437.10 Td (necessary ) Tj ET Q q 0 0 0 rg BT 420.00 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 431.44 437.10 Td (respond ) Tj ET Q q 0 0 0 rg BT 466.77 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 478.21 437.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 514.08 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 525.52 437.10 Td (facts ) Tj ET Q q 0 0 0 rg BT 548.06 437.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 110.70 425.10 Td (such ) Tj ET Q q 0 0 0 rg BT 131.09 425.10 Td (as ) Tj ET Q q 0 0 0 rg BT 141.48 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.75 425.10 Td (development ) Tj ET Q q 0 0 0 rg BT 209.46 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 219.85 425.10 Td (new ) Tj ET Q q 0 0 0 rg BT 238.56 425.10 Td (products ) Tj ET Q q 0 0 0 rg BT 275.06 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.56 425.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 328.32 425.10 Td (and ) Tj ET Q q 0 0 0 rg BT 344.82 425.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 379.08 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 388.92 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.20 425.10 Td (manner ) Tj ET Q q 0 0 0 rg BT 435.24 425.10 Td (that ) Tj ET Q q 0 0 0 rg BT 452.29 425.10 Td (installations ) Tj ET Q q 0 0 0 rg BT 502.68 425.10 Td (or ) Tj ET Q q 0 0 0 rg BT 513.07 425.10 Td (construction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 88.10 413.10 Td (are ) Tj ET Q q 0 0 0 rg BT 102.81 413.10 Td (performed.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 389.10 Td (Fair ) Tj ET Q q 0 0 0 rg BT 79.34 389.10 Td (V) Tj ET Q q 0 0 0 rg BT 84.90 389.10 Td (alue ) Tj ET Q q 0 0 0 rg BT 105.18 389.10 Td (Measurements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 365.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 88.18 365.10 Td (GAAP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.04 365.10 Td ( ) Tj ET Q q 0 0 0 rg BT 117.94 365.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 155.28 365.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 194.27 365.10 Td (with ) Tj ET Q q 0 0 0 rg BT 214.95 365.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 246.17 365.10 Td (to ) Tj ET Q q 0 0 0 rg BT 256.85 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.96 365.10 Td (recurring ) Tj ET Q q 0 0 0 rg BT 311.51 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.85 365.10 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 383.39 365.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 400.17 365.10 Td (value ) Tj ET Q q 0 0 0 rg BT 424.73 365.10 Td (measurements ) Tj ET Q q 0 0 0 rg BT 484.83 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 502.17 365.10 Td (for ) Tj ET Q q 0 0 0 rg BT 516.73 365.10 Td (a ) Tj ET Q q 0 0 0 rg BT 524.07 365.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 540.84 365.10 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 89.84 353.10 Td (that ) Tj ET Q q 0 0 0 rg BT 107.43 353.10 Td (prioritizes ) Tj ET Q q 0 0 0 rg BT 150.56 353.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.37 353.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 192.40 353.10 Td (to ) Tj ET Q q 0 0 0 rg BT 202.77 353.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 242.57 353.10 Td (techniques ) Tj ET Q q 0 0 0 rg BT 287.92 353.10 Td (used ) Tj ET Q q 0 0 0 rg BT 308.84 353.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.21 353.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 355.12 353.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 371.58 353.10 Td (value ) Tj ET Q q 0 0 0 rg BT 395.83 353.10 Td (into ) Tj ET Q q 0 0 0 rg BT 413.97 353.10 Td (three ) Tj ET Q q 0 0 0 rg BT 436.55 353.10 Td (broad ) Tj ET Q q 0 0 0 rg BT 461.91 353.10 Td (levels. ) Tj ET Q q 0 0 0 rg BT 490.32 353.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 515.67 353.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 523.26 353.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 550.30 353.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (quoted ) Tj ET Q q 0 0 0 rg BT 79.83 341.10 Td (market ) Tj ET Q q 0 0 0 rg BT 110.71 341.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 137.70 341.10 Td (in ) Tj ET Q q 0 0 0 rg BT 148.59 341.10 Td (active ) Tj ET Q q 0 0 0 rg BT 175.58 341.10 Td (markets ) Tj ET Q q 0 0 0 rg BT 210.35 341.10 Td (for ) Tj ET Q q 0 0 0 rg BT 225.12 341.10 Td (identical ) Tj ET Q q 0 0 0 rg BT 262.67 341.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 289.11 341.10 Td (or ) Tj ET Q q 0 0 0 rg BT 300.55 341.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 340.89 341.10 Td (that ) Tj ET Q q 0 0 0 rg BT 359.00 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 374.33 341.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 414.10 341.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 439.98 341.10 Td (has ) Tj ET Q q 0 0 0 rg BT 456.43 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.76 341.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 500.42 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 511.32 341.10 Td (access ) Tj ET Q q 0 0 0 rg BT 539.97 341.10 Td (at ) Tj ET Q q 0 0 0 rg BT 550.30 341.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 105.46 329.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 127.26 329.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 152.67 329.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 160.31 329.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 187.41 329.10 Td (are ) Tj ET Q q 0 0 0 rg BT 202.26 329.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 229.35 329.10 Td (other ) Tj ET Q q 0 0 0 rg BT 252.54 329.10 Td (than ) Tj ET Q q 0 0 0 rg BT 272.41 329.10 Td (quoted ) Tj ET Q q 0 0 0 rg BT 302.27 329.10 Td (market ) Tj ET Q q 0 0 0 rg BT 332.68 329.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 359.20 329.10 Td (included ) Tj ET Q q 0 0 0 rg BT 396.28 329.10 Td (within ) Tj ET Q q 0 0 0 rg BT 424.48 329.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 449.89 329.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 457.54 329.10 Td (that ) Tj ET Q q 0 0 0 rg BT 475.18 329.10 Td (are ) Tj ET Q q 0 0 0 rg BT 490.03 329.10 Td (observable ) Tj ET Q q 0 0 0 rg BT 535.99 329.10 Td (for ) Tj ET Q q 0 0 0 rg BT 550.30 329.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 71.44 317.10 Td (or ) Tj ET Q q 0 0 0 rg BT 82.27 317.10 Td (liability) Tj ET Q q 0 0 0 rg BT 112.73 317.10 Td (, ) Tj ET Q q 0 0 0 rg BT 117.73 317.10 Td (either ) Tj ET Q q 0 0 0 rg BT 142.99 317.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 176.03 317.10 Td (or ) Tj ET Q q 0 0 0 rg BT 186.86 317.10 Td (indirectly) Tj ET Q q 0 0 0 rg BT 224.53 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 229.53 317.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 254.80 317.10 Td (3 ) Tj ET Q q 0 0 0 rg BT 262.30 317.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 289.25 317.10 Td (are ) Tj ET Q q 0 0 0 rg BT 303.95 317.10 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 359.77 317.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 386.72 317.10 Td (for ) Tj ET Q q 0 0 0 rg BT 400.88 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.59 317.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 437.53 317.10 Td (or ) Tj ET Q q 0 0 0 rg BT 448.36 317.10 Td (liability) Tj ET Q q 0 0 0 rg BT 478.82 317.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 293.10 Td (Recurring ) Tj ET Q q 0 0 0 rg BT 110.20 293.10 Td (V) Tj ET Q q 0 0 0 rg BT 115.20 293.10 Td (aluations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.93 293.10 Td ( ) Tj ET Q q 0 0 0 rg BT 156.93 293.10 Td (W) Tj ET Q q 0 0 0 rg BT 165.57 293.10 Td (e ) Tj ET Q q 0 0 0 rg BT 172.17 293.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 206.53 293.10 Td (recurring ) Tj ET Q q 0 0 0 rg BT 245.33 293.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 261.37 293.10 Td (value ) Tj ET Q q 0 0 0 rg BT 285.18 293.10 Td (measurements ) Tj ET Q q 0 0 0 rg BT 344.54 293.10 Td (with ) Tj ET Q q 0 0 0 rg BT 364.47 293.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 394.95 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 404.88 293.10 Td (our ) Tj ET Q q 0 0 0 rg BT 420.37 293.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 462.51 293.10 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 513.67 293.10 Td (W) Tj ET Q q 0 0 0 rg BT 522.31 293.10 Td (e ) Tj ET Q q 0 0 0 rg BT 528.91 293.10 Td (usecash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 70.23 281.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 109.85 281.10 Td (models ) Tj ET Q q 0 0 0 rg BT 141.14 281.10 Td (to ) Tj ET Q q 0 0 0 rg BT 151.33 281.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 193.71 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.33 281.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 224.61 281.10 Td (values ) Tj ET Q q 0 0 0 rg BT 252.57 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.30 281.10 Td (our ) Tj ET Q q 0 0 0 rg BT 279.04 281.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 310.87 281.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 328.26 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.11 281.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 376.39 281.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 413.77 281.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 456.16 281.10 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 507.73 281.10 Td (For ) Tj ET Q q 0 0 0 rg BT 524.02 281.10 Td (a ) Tj ET Q q 0 0 0 rg BT 530.86 281.10 Td (detailed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 93.71 269.10 Td (of ) Tj ET Q q 0 0 0 rg BT 104.59 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 119.35 269.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 146.34 269.10 Td (we ) Tj ET Q q 0 0 0 rg BT 160.54 269.10 Td (use ) Tj ET Q q 0 0 0 rg BT 176.42 269.10 Td (to ) Tj ET Q q 0 0 0 rg BT 186.74 269.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 229.27 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.03 269.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 260.45 269.10 Td (value ) Tj ET Q q 0 0 0 rg BT 284.65 269.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.52 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 311.39 269.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 353.92 269.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 405.63 269.10 Td (see ) Tj ET Q q 0 0 0 rg BT 420.94 269.10 Td (note ) Tj ET Q q 0 0 0 rg BT 440.70 269.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 448.25 269.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.57 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 474.44 269.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.53 269.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 96.71 257.10 Td (See ) Tj ET Q q 0 0 0 rg BT 113.65 257.10 Td (also ) Tj ET Q q 0 0 0 rg BT 132.26 257.10 Td (note ) Tj ET Q q 0 0 0 rg BT 151.98 257.10 Td (6 ) Tj ET Q q 0 0 0 rg BT 159.48 257.10 Td (to ) Tj ET Q q 0 0 0 rg BT 169.75 257.10 Td (our ) Tj ET Q q 0 0 0 rg BT 185.58 257.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 238.63 257.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 276.11 257.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 320.82 257.10 Td (for ) Tj ET Q q 0 0 0 rg BT 334.98 257.10 Td (information ) Tj ET Q q 0 0 0 rg BT 384.69 257.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 431.61 257.10 Td (our ) Tj ET Q q 0 0 0 rg BT 447.44 257.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 489.92 257.10 Td (instruments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 233.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 105.03 233.10 Td (in ) Tj ET Q q 0 0 0 rg BT 115.90 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 131.21 233.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 148.17 233.10 Td (values ) Tj ET Q q 0 0 0 rg BT 176.81 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 188.23 233.10 Td (our ) Tj ET Q q 0 0 0 rg BT 204.65 233.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 247.72 233.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 297.48 233.10 Td (have ) Tj ET Q q 0 0 0 rg BT 319.45 233.10 Td (had, ) Tj ET Q q 0 0 0 rg BT 339.48 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 357.01 233.10 Td (we ) Tj ET Q q 0 0 0 rg BT 371.76 233.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 403.72 233.10 Td (will ) Tj ET Q q 0 0 0 rg BT 422.37 233.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 459.89 233.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.76 233.10 Td (have, ) Tj ET Q q 0 0 0 rg BT 495.23 233.10 Td (a ) Tj ET Q q 0 0 0 rg BT 502.76 233.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 548.06 233.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (volatile ) Tj ET Q q 0 0 0 rg BT 81.93 221.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 111.59 221.10 Td (on ) Tj ET Q q 0 0 0 rg BT 124.03 221.10 Td (our ) Tj ET Q q 0 0 0 rg BT 139.81 221.10 Td (results. ) Tj ET Q q 0 0 0 rg BT 170.86 221.10 Td (During ) Tj ET Q q 0 0 0 rg BT 201.63 221.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 226.58 221.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 249.02 221.10 Td (and ) Tj ET Q q 0 0 0 rg BT 265.90 221.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 290.85 221.10 Td (we ) Tj ET Q q 0 0 0 rg BT 304.95 221.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 351.26 221.10 Td (net ) Tj ET Q q 0 0 0 rg BT 365.92 221.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 389.47 221.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 422.47 221.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.24 221.10 Td (295.8 ) Tj ET Q q 0 0 0 rg BT 463.18 221.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.08 221.10 Td (, ) Tj ET Q q 0 0 0 rg BT 497.02 221.10 Td (\(637.0 ) Tj ET Q q 0 0 0 rg BT 530.29 221.10 Td (million\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 209.10 Td (\(134.2 ) Tj ET Q q 0 0 0 rg BT 99.77 209.10 Td (million\), ) Tj ET Q q 0 0 0 rg BT 136.99 209.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 184.65 209.10 Td (, ) Tj ET Q q 0 0 0 rg BT 189.65 209.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 237.69 209.10 Td (to ) Tj ET Q q 0 0 0 rg BT 247.97 209.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 282.67 209.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.95 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.67 209.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 324.05 209.10 Td (values ) Tj ET Q q 0 0 0 rg BT 352.09 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 362.92 209.10 Td (these ) Tj ET Q q 0 0 0 rg BT 385.97 209.10 Td (items.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 197.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 185.10 Td (As ) Tj ET Q q 0 0 0 rg BT 81.20 185.10 Td (further ) Tj ET Q q 0 0 0 rg BT 110.99 185.10 Td (described ) Tj ET Q q 0 0 0 rg BT 151.89 185.10 Td (in ) Tj ET Q q 0 0 0 rg BT 162.26 185.10 Td (note ) Tj ET Q q 0 0 0 rg BT 182.06 185.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 189.64 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.01 185.10 Td (our ) Tj ET Q q 0 0 0 rg BT 215.92 185.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 269.05 185.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 306.62 185.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 353.91 185.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 380.37 185.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 416.84 185.10 Td (received ) Tj ET Q q 0 0 0 rg BT 453.29 185.10 Td (or ) Tj ET Q q 0 0 0 rg BT 464.21 185.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 484.01 185.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 506.59 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.40 185.10 Td (settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.33 173.10 Td (disposition ) Tj ET Q q 0 0 0 rg BT 106.73 173.10 Td (of ) Tj ET Q q 0 0 0 rg BT 117.56 173.10 Td (these ) Tj ET Q q 0 0 0 rg BT 140.60 173.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 189.77 173.10 Td (may ) Tj ET Q q 0 0 0 rg BT 209.49 173.10 Td (dif) Tj ET Q q 0 0 0 rg BT 220.41 173.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 234.01 173.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 277.05 173.10 Td (from ) Tj ET Q q 0 0 0 rg BT 298.99 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.70 173.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 351.18 173.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 367.56 173.10 Td (values ) Tj ET Q q 0 0 0 rg BT 395.60 173.10 Td (at ) Tj ET Q q 0 0 0 rg BT 405.32 173.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 463.90 173.10 Td (2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 149.10 Td (Nonr) Tj ET Q q 0 0 0 rg BT 87.69 149.10 Td (ecurring ) Tj ET Q q 0 0 0 rg BT 126.98 149.10 Td (V) Tj ET Q q 0 0 0 rg BT 131.98 149.10 Td (aluations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.71 149.10 Td ( ) Tj ET Q q 0 0 0 rg BT 176.57 149.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 196.97 149.10 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 253.47 149.10 Td (valuations ) Tj ET Q q 0 0 0 rg BT 299.43 149.10 Td (are ) Tj ET Q q 0 0 0 rg BT 316.49 149.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 358.56 149.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 404.51 149.10 Td (with ) Tj ET Q q 0 0 0 rg BT 427.14 149.10 Td (\(i\)the ) Tj ET Q q 0 0 0 rg BT 456.15 149.10 Td (application ) Tj ET Q q 0 0 0 rg BT 505.44 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.62 149.10 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 97.76 137.10 Td (\(ii\)impairment ) Tj ET Q q 0 0 0 rg BT 160.47 137.10 Td (assessments, ) Tj ET Q q 0 0 0 rg BT 213.19 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 229.52 137.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 246.41 137.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 262.17 137.10 Td (value ) Tj ET Q q 0 0 0 rg BT 285.72 137.10 Td (assessments ) Tj ET Q q 0 0 0 rg BT 335.94 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 345.61 137.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 391.38 137.10 Td (with ) Tj ET Q q 0 0 0 rg BT 411.04 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.15 137.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 455.93 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 466.15 137.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.26 137.10 Td (JV) Tj ET Q q 0 0 0 rg BT 491.19 137.10 Td ( ) Tj ET Q q 0 0 0 rg BT 492.95 137.10 Td (T) Tj ET Q q 0 0 0 rg BT 498.70 137.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 137.10 Td (, ) Tj ET Q q 0 0 0 rg BT 544.19 137.10 Td (each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.45 125.10 Td (which ) Tj ET Q q 0 0 0 rg BT 87.52 125.10 Td (require ) Tj ET Q q 0 0 0 rg BT 118.46 125.10 Td (that ) Tj ET Q q 0 0 0 rg BT 136.08 125.10 Td (we ) Tj ET Q q 0 0 0 rg BT 150.36 125.10 Td (make ) Tj ET Q q 0 0 0 rg BT 174.64 125.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 191.14 125.10 Td (value ) Tj ET Q q 0 0 0 rg BT 215.42 125.10 Td (determinations ) Tj ET Q q 0 0 0 rg BT 277.48 125.10 Td (as ) Tj ET Q q 0 0 0 rg BT 288.43 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 299.39 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 314.23 125.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 357.94 125.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 397.78 125.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 419.56 125.10 Td (In ) Tj ET Q q 0 0 0 rg BT 430.51 125.10 Td (making ) Tj ET Q q 0 0 0 rg BT 463.13 125.10 Td (these ) Tj ET Q q 0 0 0 rg BT 486.30 125.10 Td (determinations, ) Tj ET Q q 0 0 0 rg BT 550.85 125.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.59 113.10 Td (required ) Tj ET Q q 0 0 0 rg BT 100.80 113.10 Td (to ) Tj ET Q q 0 0 0 rg BT 111.46 113.10 Td (make ) Tj ET Q q 0 0 0 rg BT 136.00 113.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 176.10 113.10 Td (and ) Tj ET Q q 0 0 0 rg BT 193.43 113.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 245.77 113.10 Td (that ) Tj ET Q q 0 0 0 rg BT 263.65 113.10 Td (af) Tj ET Q q 0 0 0 rg BT 271.24 113.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 289.11 113.10 Td (the ) Tj ET Q q 0 0 0 rg BT 304.21 113.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 342.07 113.10 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 381.35 113.10 Td (including, ) Tj ET Q q 0 0 0 rg BT 424.51 113.10 Td (but ) Tj ET Q q 0 0 0 rg BT 440.17 113.10 Td (not ) Tj ET Q q 0 0 0 rg BT 455.84 113.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 487.06 113.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 500.22 113.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 538.64 113.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.46 101.10 Td (flows, ) Tj ET Q q 0 0 0 rg BT 96.38 101.10 Td (market ) Tj ET Q q 0 0 0 rg BT 126.34 101.10 Td (comparables ) Tj ET Q q 0 0 0 rg BT 179.06 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.69 101.10 Td (discount ) Tj ET Q q 0 0 0 rg BT 231.77 101.10 Td (rates, ) Tj ET Q q 0 0 0 rg BT 255.35 101.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 298.08 101.10 Td (useful ) Tj ET Q q 0 0 0 rg BT 324.71 101.10 Td (lives ) Tj ET Q q 0 0 0 rg BT 345.79 101.10 Td (of ) Tj ET Q q 0 0 0 rg BT 356.32 101.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 399.62 101.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 427.64 101.10 Td (replacement ) Tj ET Q q 0 0 0 rg BT 478.69 101.10 Td (or ) Tj ET Q q 0 0 0 rg BT 489.21 101.10 Td (reproduction ) Tj ET Q q 0 0 0 rg BT 542.50 101.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.82 89.10 Td (property ) Tj ET Q q 0 0 0 rg BT 95.69 89.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.13 89.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 156.33 89.10 Td (and ) Tj ET Q q 0 0 0 rg BT 172.76 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.97 89.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 222.85 89.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.63 89.10 Td (be ) Tj ET Q q 0 0 0 rg BT 244.06 89.10 Td (recovered ) Tj ET Q q 0 0 0 rg BT 285.47 89.10 Td (in ) Tj ET Q q 0 0 0 rg BT 295.24 89.10 Td (future ) Tj ET Q q 0 0 0 rg BT 321.11 89.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 352.54 89.10 Td (from ) Tj ET Q q 0 0 0 rg BT 373.97 89.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 410.39 89.10 Td (net ) Tj ET Q q 0 0 0 rg BT 424.60 89.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 464.36 89.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 490.24 89.10 Td (and ) Tj ET Q q 0 0 0 rg BT 506.68 89.10 Td (other ) Tj ET Q q 0 0 0 rg BT 529.22 89.10 Td (deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.21 77.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 92.35 77.10 Td (T) Tj ET Q q 0 0 0 rg BT 97.76 77.10 Td (o ) Tj ET Q q 0 0 0 rg BT 105.25 77.10 Td (assist ) Tj ET Q q 0 0 0 rg BT 129.41 77.10 Td (us ) Tj ET Q q 0 0 0 rg BT 140.80 77.10 Td (in ) Tj ET Q q 0 0 0 rg BT 151.07 77.10 Td (making ) Tj ET Q q 0 0 0 rg BT 183.55 77.10 Td (these ) Tj ET Q q 0 0 0 rg BT 206.59 77.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 222.96 77.10 Td (value ) Tj ET Q q 0 0 0 rg BT 247.11 77.10 Td (determinations, ) Tj ET Q q 0 0 0 rg BT 311.53 77.10 Td (we ) Tj ET Q q 0 0 0 rg BT 325.68 77.10 Td (may ) Tj ET Q q 0 0 0 rg BT 345.39 77.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 376.20 77.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 421.45 77.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 461.15 77.10 Td (specialists. ) Tj ET Q q 0 0 0 rg BT 507.25 77.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 525.29 77.10 Td (estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.52 65.10 Td (this ) Tj ET Q q 0 0 0 rg BT 76.20 65.10 Td (area ) Tj ET Q q 0 0 0 rg BT 95.09 65.10 Td (impact, ) Tj ET Q q 0 0 0 rg BT 127.04 65.10 Td (among ) Tj ET Q q 0 0 0 rg BT 156.49 65.10 Td (other ) Tj ET Q q 0 0 0 rg BT 179.28 65.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 205.68 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.14 65.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 252.37 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.94 65.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 314.60 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.28 65.10 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 386.55 65.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 434.89 65.10 Td (char) Tj ET Q q 0 0 0 rg BT 451.92 65.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 467.49 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 484.16 65.10 Td (income ) Tj ET Q q 0 0 0 rg BT 515.84 65.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 530.29 65.10 Td (expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (or ) Tj ET Q q 0 0 0 rg BT 61.18 53.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 92.30 53.10 Td (that ) Tj ET Q q 0 0 0 rg BT 110.65 53.10 Td (we ) Tj ET Q q 0 0 0 rg BT 125.66 53.10 Td (report. ) Tj ET Q q 0 0 0 rg BT 155.39 53.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 174.29 53.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 214.85 53.10 Td (of ) Tj ET Q q 0 0 0 rg BT 226.54 53.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 243.77 53.10 Td (value ) Tj ET Q q 0 0 0 rg BT 268.77 53.10 Td (are ) Tj ET Q q 0 0 0 rg BT 284.33 53.10 Td (based ) Tj ET Q q 0 0 0 rg BT 310.45 53.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 333.80 53.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 386.60 53.10 Td (we ) Tj ET Q q 0 0 0 rg BT 401.62 53.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 433.84 53.10 Td (to ) Tj ET Q q 0 0 0 rg BT 444.97 53.10 Td (be ) Tj ET Q q 0 0 0 rg BT 457.76 53.10 Td (reasonable, ) Tj ET Q q 0 0 0 rg BT 506.37 53.10 Td (but ) Tj ET Q q 0 0 0 rg BT 522.50 53.10 Td (which ) Tj ET Q q 0 0 0 rg BT 550.29 53.10 Td (are ) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (inherently ) Tj ET Q q 0 0 0 rg BT 92.79 713.10 Td (uncertain. ) Tj ET Q q 0 0 0 rg BT 134.64 713.10 Td (A) Tj ET Q q 0 0 0 rg BT 141.31 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 144.06 713.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 189.02 713.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 220.66 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 231.74 713.10 Td (our ) Tj ET Q q 0 0 0 rg BT 247.83 713.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 291.68 713.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 317.76 713.10 Td (were ) Tj ET Q q 0 0 0 rg BT 339.94 713.10 Td (initially ) Tj ET Q q 0 0 0 rg BT 373.80 713.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 411.53 713.10 Td (through ) Tj ET Q q 0 0 0 rg BT 445.39 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 460.36 713.10 Td (application ) Tj ET Q q 0 0 0 rg BT 507.54 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.62 713.10 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 95.06 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.18 701.10 Td (all ) Tj ET Q q 0 0 0 rg BT 122.87 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 132.88 701.10 Td (our ) Tj ET Q q 0 0 0 rg BT 147.90 701.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 190.69 701.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 215.71 701.10 Td (are ) Tj ET Q q 0 0 0 rg BT 229.60 701.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 259.61 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.08 701.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 316.87 701.10 Td (assessments. ) Tj ET Q q 0 0 0 rg BT 369.38 701.10 Td (For ) Tj ET Q q 0 0 0 rg BT 384.96 701.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 426.64 701.10 Td (information, ) Tj ET Q q 0 0 0 rg BT 478.04 701.10 Td (including ) Tj ET Q q 0 0 0 rg BT 517.50 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 531.40 701.10 Td (specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 88.32 689.10 Td (average ) Tj ET Q q 0 0 0 rg BT 121.58 689.10 Td (discount ) Tj ET Q q 0 0 0 rg BT 157.63 689.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 178.67 689.10 Td (that ) Tj ET Q q 0 0 0 rg BT 195.84 689.10 Td (we ) Tj ET Q q 0 0 0 rg BT 209.67 689.10 Td (used ) Tj ET Q q 0 0 0 rg BT 230.16 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 240.11 689.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 278.93 689.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 308.30 689.10 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 362.11 689.10 Td (valuations, ) Tj ET Q q 0 0 0 rg BT 407.88 689.10 Td (see ) Tj ET Q q 0 0 0 rg BT 422.82 689.10 Td (note ) Tj ET Q q 0 0 0 rg BT 442.21 689.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 449.37 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 459.32 689.10 Td (our ) Tj ET Q q 0 0 0 rg BT 474.82 689.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.53 689.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 97.14 677.10 Td (For ) Tj ET Q q 0 0 0 rg BT 113.97 677.10 Td (information ) Tj ET Q q 0 0 0 rg BT 164.11 677.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 205.36 677.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.51 677.10 Td (JV) Tj ET Q q 0 0 0 rg BT 231.44 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 234.16 677.10 Td (T) Tj ET Q q 0 0 0 rg BT 239.92 677.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.01 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 283.94 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.31 677.10 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 345.35 677.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 374.11 677.10 Td (see ) Tj ET Q q 0 0 0 rg BT 389.81 677.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 413.85 677.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 421.79 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.16 677.10 Td (8 ) Tj ET Q q 0 0 0 rg BT 447.09 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 457.80 677.10 Td (our ) Tj ET Q q 0 0 0 rg BT 474.06 677.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 527.54 677.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 96.71 665.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 144.37 665.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 641.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 92.11 641.10 Td (T) Tj ET Q q 0 0 0 rg BT 97.30 641.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 109.43 641.10 Td (Accounting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 617.10 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 617.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 84.49 617.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 104.96 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 114.88 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.23 617.10 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 179.69 617.10 Td (are ) Tj ET Q q 0 0 0 rg BT 194.04 617.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 224.50 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.42 617.10 Td (varied ) Tj ET Q q 0 0 0 rg BT 261.55 617.10 Td (interpretation, ) Tj ET Q q 0 0 0 rg BT 320.05 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.63 617.10 Td (many ) Tj ET Q q 0 0 0 rg BT 360.99 617.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 375.35 617.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 413.60 617.10 Td (we ) Tj ET Q q 0 0 0 rg BT 427.40 617.10 Td (take ) Tj ET Q q 0 0 0 rg BT 446.20 617.10 Td (may ) Tj ET Q q 0 0 0 rg BT 465.56 617.10 Td (be ) Tj ET Q q 0 0 0 rg BT 477.14 617.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 507.60 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 517.52 617.10 Td (uncertainty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 90.38 605.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 125.16 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.94 605.10 Td (position ) Tj ET Q q 0 0 0 rg BT 174.74 605.10 Td (will ) Tj ET Q q 0 0 0 rg BT 192.86 605.10 Td (be ) Tj ET Q q 0 0 0 rg BT 204.87 605.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 247.98 605.10 Td (sustained ) Tj ET Q q 0 0 0 rg BT 287.76 605.10 Td (after ) Tj ET Q q 0 0 0 rg BT 308.65 605.10 Td (review ) Tj ET Q q 0 0 0 rg BT 338.42 605.10 Td (by ) Tj ET Q q 0 0 0 rg BT 350.99 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 365.77 605.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 400.54 605.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 415.33 605.10 Td (authority) Tj ET Q q 0 0 0 rg BT 450.78 605.10 Td (. ) Tj ET Q q 0 0 0 rg BT 455.66 605.10 Td (W) Tj ET Q q 0 0 0 rg BT 464.30 605.10 Td (e ) Tj ET Q q 0 0 0 rg BT 471.31 605.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 512.74 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 527.52 605.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 90.63 593.10 Td (ef) Tj ET Q q 0 0 0 rg BT 98.21 593.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 119.90 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 131.04 593.10 Td (a ) Tj ET Q q 0 0 0 rg BT 138.28 593.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 153.30 593.10 Td (position ) Tj ET Q q 0 0 0 rg BT 188.34 593.10 Td (when ) Tj ET Q q 0 0 0 rg BT 212.80 593.10 Td (it ) Tj ET Q q 0 0 0 rg BT 221.17 593.10 Td (is ) Tj ET Q q 0 0 0 rg BT 230.64 593.10 Td (more-likely-than-not, ) Tj ET Q q 0 0 0 rg BT 319.26 593.10 Td (based ) Tj ET Q q 0 0 0 rg BT 344.83 593.10 Td (on ) Tj ET Q q 0 0 0 rg BT 357.64 593.10 Td (technical ) Tj ET Q q 0 0 0 rg BT 396.53 593.10 Td (merits, ) Tj ET Q q 0 0 0 rg BT 426.83 593.10 Td (that ) Tj ET Q q 0 0 0 rg BT 444.64 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 459.66 593.10 Td (position ) Tj ET Q q 0 0 0 rg BT 494.69 593.10 Td (will ) Tj ET Q q 0 0 0 rg BT 513.06 593.10 Td (be ) Tj ET Q q 0 0 0 rg BT 525.30 593.10 Td (sustained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 71.85 581.10 Td (examination. ) Tj ET Q q 0 0 0 rg BT 125.96 581.10 Td (The ) Tj ET Q q 0 0 0 rg BT 143.86 581.10 Td (determination ) Tj ET Q q 0 0 0 rg BT 201.75 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 212.44 581.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 246.99 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 261.56 581.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 276.13 581.10 Td (position ) Tj ET Q q 0 0 0 rg BT 310.71 581.10 Td (meets ) Tj ET Q q 0 0 0 rg BT 336.39 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.96 581.10 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 436.62 581.10 Td (threshold ) Tj ET Q q 0 0 0 rg BT 476.19 581.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 510.75 581.10 Td (a ) Tj ET Q q 0 0 0 rg BT 517.54 581.10 Td (facts-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 89.77 569.10 Td (using ) Tj ET Q q 0 0 0 rg BT 113.94 569.10 Td (all ) Tj ET Q q 0 0 0 rg BT 126.44 569.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.15 569.10 Td (available. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 545.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 545.10 Td (e ) Tj ET Q q 0 0 0 rg BT 83.96 545.10 Td (are ) Tj ET Q q 0 0 0 rg BT 99.55 545.10 Td (required ) Tj ET Q q 0 0 0 rg BT 136.25 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 147.41 545.10 Td (estimate ) Tj ET Q q 0 0 0 rg BT 184.11 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 199.71 545.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 233.09 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 244.80 545.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 260.40 545.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 294.88 545.10 Td (or ) Tj ET Q q 0 0 0 rg BT 306.59 545.10 Td (refundable ) Tj ET Q q 0 0 0 rg BT 352.73 545.10 Td (for ) Tj ET Q q 0 0 0 rg BT 367.77 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 383.37 545.10 Td (current ) Tj ET Q q 0 0 0 rg BT 415.07 545.10 Td (year ) Tj ET Q q 0 0 0 rg BT 435.66 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 453.48 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 469.08 545.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 505.77 545.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 521.37 545.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 548.08 545.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 88.80 533.10 Td (for ) Tj ET Q q 0 0 0 rg BT 102.55 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.85 533.10 Td (future ) Tj ET Q q 0 0 0 rg BT 142.82 533.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 157.12 533.10 Td (consequences ) Tj ET Q q 0 0 0 rg BT 214.18 533.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 261.81 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 271.67 533.10 Td (dif) Tj ET Q q 0 0 0 rg BT 282.60 533.10 Td (ferences ) Tj ET Q q 0 0 0 rg BT 317.99 533.10 Td (between ) Tj ET Q q 0 0 0 rg BT 353.39 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 367.69 533.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 404.76 533.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 445.17 533.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 480.57 533.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 516.54 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 533.07 533.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 63.53 521.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 85.34 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 95.48 521.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 120.62 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.87 521.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 175.90 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 192.15 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.18 521.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 243.52 521.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 276.99 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.13 521.10 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 322.27 521.10 Td (net ) Tj ET Q q 0 0 0 rg BT 336.30 521.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 375.88 521.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 393.25 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 409.50 521.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 423.53 521.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 448.10 521.10 Td (carryforwards, ) Tj ET Q q 0 0 0 rg BT 508.49 521.10 Td (using ) Tj ET Q q 0 0 0 rg BT 531.98 521.10 Td (enacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.11 509.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 85.38 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 95.55 509.10 Td (ef) Tj ET Q q 0 0 0 rg BT 103.14 509.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 120.52 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 134.58 509.10 Td (each ) Tj ET Q q 0 0 0 rg BT 155.29 509.10 Td (taxing ) Tj ET Q q 0 0 0 rg BT 182.67 509.10 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 230.62 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 240.79 509.10 Td (which ) Tj ET Q q 0 0 0 rg BT 267.63 509.10 Td (we ) Tj ET Q q 0 0 0 rg BT 281.68 509.10 Td (operate ) Tj ET Q q 0 0 0 rg BT 313.50 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 327.55 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.16 509.10 Td (year ) Tj ET Q q 0 0 0 rg BT 361.76 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 371.94 509.10 Td (which ) Tj ET Q q 0 0 0 rg BT 398.77 509.10 Td (those ) Tj ET Q q 0 0 0 rg BT 422.27 509.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 465.76 509.10 Td (dif) Tj ET Q q 0 0 0 rg BT 476.69 509.10 Td (ferences ) Tj ET Q q 0 0 0 rg BT 512.39 509.10 Td (are ) Tj ET Q q 0 0 0 rg BT 526.99 509.10 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.49 497.10 Td (be ) Tj ET Q q 0 0 0 rg BT 71.13 497.10 Td (recovered ) Tj ET Q q 0 0 0 rg BT 112.75 497.10 Td (or ) Tj ET Q q 0 0 0 rg BT 123.29 497.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 153.94 497.10 Td (This ) Tj ET Q q 0 0 0 rg BT 173.93 497.10 Td (process ) Tj ET Q q 0 0 0 rg BT 206.12 497.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 240.54 497.10 Td (our ) Tj ET Q q 0 0 0 rg BT 256.07 497.10 Td (management ) Tj ET Q q 0 0 0 rg BT 309.37 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.35 497.10 Td (make ) Tj ET Q q 0 0 0 rg BT 343.22 497.10 Td (assessments ) Tj ET Q q 0 0 0 rg BT 393.75 497.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 434.28 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 448.70 497.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 477.02 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.67 497.10 Td (probability ) Tj ET Q q 0 0 0 rg BT 539.76 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 550.29 497.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 84.77 485.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 99.49 485.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 129.20 485.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.03 485.10 Td (such ) Tj ET Q q 0 0 0 rg BT 160.86 485.10 Td (items.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 461.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 84.08 461.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 119.54 461.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 133.90 461.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 159.38 461.10 Td (are ) Tj ET Q q 0 0 0 rg BT 173.73 461.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 207.52 461.10 Td (by ) Tj ET Q q 0 0 0 rg BT 219.67 461.10 Td (a ) Tj ET Q q 0 0 0 rg BT 226.25 461.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 265.61 461.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 308.29 461.10 Td (if ) Tj ET Q q 0 0 0 rg BT 316.54 461.10 Td (we ) Tj ET Q q 0 0 0 rg BT 330.35 461.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 361.36 461.10 Td (it ) Tj ET Q q 0 0 0 rg BT 369.07 461.10 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 454.52 461.10 Td (such ) Tj ET Q q 0 0 0 rg BT 475.00 461.10 Td (net ) Tj ET Q q 0 0 0 rg BT 489.36 461.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 524.81 461.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 539.17 461.10 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (will ) Tj ET Q q 0 0 0 rg BT 67.17 449.10 Td (not ) Tj ET Q q 0 0 0 rg BT 82.07 449.10 Td (be ) Tj ET Q q 0 0 0 rg BT 93.62 449.10 Td (realized. ) Tj ET Q q 0 0 0 rg BT 129.88 449.10 Td (Establishing ) Tj ET Q q 0 0 0 rg BT 181.44 449.10 Td (or ) Tj ET Q q 0 0 0 rg BT 191.88 449.10 Td (reducing ) Tj ET Q q 0 0 0 rg BT 228.98 449.10 Td (a ) Tj ET Q q 0 0 0 rg BT 235.54 449.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 249.87 449.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 289.20 449.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 331.85 449.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 366.17 449.10 Td (us ) Tj ET Q q 0 0 0 rg BT 377.18 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 387.07 449.10 Td (make ) Tj ET Q q 0 0 0 rg BT 410.84 449.10 Td (assessments ) Tj ET Q q 0 0 0 rg BT 461.29 449.10 Td (about ) Tj ET Q q 0 0 0 rg BT 485.62 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.95 449.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 528.18 449.10 Td (of ) Tj ET Q q 0 0 0 rg BT 538.63 449.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (events, ) Tj ET Q q 0 0 0 rg BT 80.46 437.10 Td (including ) Tj ET Q q 0 0 0 rg BT 121.15 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.27 437.10 Td (probability ) Tj ET Q q 0 0 0 rg BT 183.07 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 194.31 437.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 232.76 437.10 Td (future ) Tj ET Q q 0 0 0 rg BT 259.55 437.10 Td (taxable ) Tj ET Q q 0 0 0 rg BT 291.33 437.10 Td (income ) Tj ET Q q 0 0 0 rg BT 323.68 437.10 Td (and ) Tj ET Q q 0 0 0 rg BT 341.03 437.10 Td (available ) Tj ET Q q 0 0 0 rg BT 380.03 437.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 395.16 437.10 Td (planning ) Tj ET Q q 0 0 0 rg BT 433.07 437.10 Td (strategies. ) Tj ET Q q 0 0 0 rg BT 476.03 437.10 Td (The ) Tj ET Q q 0 0 0 rg BT 494.49 437.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 521.28 437.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 554.18 437.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 84.23 425.10 Td (income ) Tj ET Q q 0 0 0 rg BT 115.08 425.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 128.72 425.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 161.79 425.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 194.86 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 204.06 425.10 Td (future ) Tj ET Q q 0 0 0 rg BT 229.35 425.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 260.21 425.10 Td (will ) Tj ET Q q 0 0 0 rg BT 277.19 425.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 301.38 425.10 Td (dif) Tj ET Q q 0 0 0 rg BT 312.31 425.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 324.83 425.10 Td (from ) Tj ET Q q 0 0 0 rg BT 345.69 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.33 425.10 Td (net ) Tj ET Q q 0 0 0 rg BT 372.97 425.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 407.69 425.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 421.33 425.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 446.08 425.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 482.47 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 491.67 425.10 Td (our ) Tj ET Q q 0 0 0 rg BT 506.42 425.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 71.84 413.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 124.71 413.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 157.58 413.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 180.47 413.10 Td (due ) Tj ET Q q 0 0 0 rg BT 197.24 413.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 209.86 413.10 Td (among ) Tj ET Q q 0 0 0 rg BT 239.41 413.10 Td (other ) Tj ET Q q 0 0 0 rg BT 262.29 413.10 Td (factors, ) Tj ET Q q 0 0 0 rg BT 294.34 413.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 329.45 413.10 Td (future ) Tj ET Q q 0 0 0 rg BT 355.66 413.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 390.21 413.10 Td (in ) Tj ET Q q 0 0 0 rg BT 400.32 413.10 Td (income ) Tj ET Q q 0 0 0 rg BT 432.09 413.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 446.65 413.10 Td (law ) Tj ET Q q 0 0 0 rg BT 463.42 413.10 Td (or ) Tj ET Q q 0 0 0 rg BT 474.09 413.10 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 534.18 413.10 Td (thereof ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.33 401.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.59 401.10 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 128.09 401.10 Td (in ) Tj ET Q q 0 0 0 rg BT 138.91 401.10 Td (which ) Tj ET Q q 0 0 0 rg BT 166.40 401.10 Td (we ) Tj ET Q q 0 0 0 rg BT 181.11 401.10 Td (operate ) Tj ET Q q 0 0 0 rg BT 213.58 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 231.07 401.10 Td (dif) Tj ET Q q 0 0 0 rg BT 242.00 401.10 Td (ferences ) Tj ET Q q 0 0 0 rg BT 278.35 401.10 Td (between ) Tj ET Q q 0 0 0 rg BT 314.72 401.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 356.09 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 373.58 401.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 400.50 401.10 Td (future ) Tj ET Q q 0 0 0 rg BT 427.42 401.10 Td (taxable ) Tj ET Q q 0 0 0 rg BT 459.35 401.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 493.66 401.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 513.93 401.10 Td (such ) Tj ET Q q 0 0 0 rg BT 535.31 401.10 Td (factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (could ) Tj ET Q q 0 0 0 rg BT 74.09 389.10 Td (have ) Tj ET Q q 0 0 0 rg BT 95.34 389.10 Td (a ) Tj ET Q q 0 0 0 rg BT 102.16 389.10 Td (material ) Tj ET Q q 0 0 0 rg BT 137.29 389.10 Td (ef) Tj ET Q q 0 0 0 rg BT 144.88 389.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 162.24 389.10 Td (on ) Tj ET Q q 0 0 0 rg BT 174.62 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 190.32 389.10 Td (current ) Tj ET Q q 0 0 0 rg BT 221.01 389.10 Td (and ) Tj ET Q q 0 0 0 rg BT 237.83 389.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 273.51 389.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 288.10 389.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 326.59 389.10 Td (as ) Tj ET Q q 0 0 0 rg BT 337.30 389.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 372.99 389.10 Td (in ) Tj ET Q q 0 0 0 rg BT 383.15 389.10 Td (our ) Tj ET Q q 0 0 0 rg BT 398.85 389.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 451.77 389.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 489.12 389.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 535.69 389.10 Td (A) Tj ET Q q 0 0 0 rg BT 542.36 389.10 Td ( ) Tj ET Q q 0 0 0 rg BT 544.73 389.10 Td (high ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (degree ) Tj ET Q q 0 0 0 rg BT 78.65 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 89.48 377.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 129.75 377.10 Td (is ) Tj ET Q q 0 0 0 rg BT 138.92 377.10 Td (required ) Tj ET Q q 0 0 0 rg BT 174.73 377.10 Td (to ) Tj ET Q q 0 0 0 rg BT 185.01 377.10 Td (assess ) Tj ET Q q 0 0 0 rg BT 211.96 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.67 377.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 256.38 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 267.21 377.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 302.49 377.10 Td (future ) Tj ET Q q 0 0 0 rg BT 328.87 377.10 Td (outcomes ) Tj ET Q q 0 0 0 rg BT 369.70 377.10 Td (on ) Tj ET Q q 0 0 0 rg BT 382.20 377.10 Td (our ) Tj ET Q q 0 0 0 rg BT 398.03 377.10 Td (current ) Tj ET Q q 0 0 0 rg BT 428.84 377.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.78 377.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 481.58 377.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 496.30 377.10 Td (positions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 353.10 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 353.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 353.10 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 353.10 Td (concerning ) Tj ET Q q 0 0 0 rg BT 223.02 353.10 Td (our ) Tj ET Q q 0 0 0 rg BT 238.85 353.10 Td (income ) Tj ET Q q 0 0 0 rg BT 270.78 353.10 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 296.33 353.10 Td (see ) Tj ET Q q 0 0 0 rg BT 311.60 353.10 Td (note10 ) Tj ET Q q 0 0 0 rg BT 343.81 353.10 Td (to ) Tj ET Q q 0 0 0 rg BT 354.09 353.10 Td (our ) Tj ET Q q 0 0 0 rg BT 369.92 353.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 422.96 353.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 460.44 353.10 Td (statements.) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.90 722.25 Td (INDEPENDENT) Tj ET Q q 0 0 0 rg BT 291.51 722.25 Td ( ) Tj ET Q q 0 0 0 rg BT 293.46 722.25 Td (AUDIT) Tj ET Q q 0 0 0 rg BT 325.50 722.25 Td (ORS REPOR) Tj ET Q q 0 0 0 rg BT 386.54 722.25 Td (T) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.00 704.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.25 Td (The Board of Directors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 674.25 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 674.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 114.03 674.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 142.08 674.25 Td (B.V) Tj ET Q q 0 0 0 rg BT 157.18 674.25 Td (.:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 650.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 81.99 650.25 Td (on ) Tj ET Q q 0 0 0 rg BT 95.05 650.25 Td (the ) Tj ET Q q 0 0 0 rg BT 110.33 650.25 Td (Accompanying ) Tj ET Q q 0 0 0 rg BT 176.72 650.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 235.34 650.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 277.85 650.25 Td (Statements) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 628.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 77.67 628.25 Td (Opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 606.25 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 606.25 Td (e ) Tj ET Q q 0 0 0 rg BT 83.08 606.25 Td (have ) Tj ET Q q 0 0 0 rg BT 104.45 606.25 Td (audited ) Tj ET Q q 0 0 0 rg BT 136.39 606.25 Td (the ) Tj ET Q q 0 0 0 rg BT 151.10 606.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 204.15 606.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 241.63 606.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 286.34 606.25 Td (of ) Tj ET Q q 0 0 0 rg BT 296.99 606.25 Td (V) Tj ET Q q 0 0 0 rg BT 302.92 606.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 361.51 606.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 389.57 606.25 Td (B.V) Tj ET Q q 0 0 0 rg BT 404.67 606.25 Td (., ) Tj ET Q q 0 0 0 rg BT 412.17 606.25 Td (based ) Tj ET Q q 0 0 0 rg BT 437.44 606.25 Td (in ) Tj ET Q q 0 0 0 rg BT 447.71 606.25 Td (Utrecht, ) Tj ET Q q 0 0 0 rg BT 482.52 606.25 Td (The ) Tj ET Q q 0 0 0 rg BT 500.57 606.25 Td (Netherlands. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 582.25 Td (In ) Tj ET Q q 0 0 0 rg BT 77.55 582.25 Td (our ) Tj ET Q q 0 0 0 rg BT 92.60 582.25 Td (opinion ) Tj ET Q q 0 0 0 rg BT 124.87 582.25 Td (the ) Tj ET Q q 0 0 0 rg BT 138.80 582.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 198.83 582.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 251.09 582.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 287.79 582.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 331.72 582.25 Td (present ) Tj ET Q q 0 0 0 rg BT 362.32 582.25 Td (fairly) Tj ET Q q 0 0 0 rg BT 383.32 582.25 Td (, ) Tj ET Q q 0 0 0 rg BT 387.54 582.25 Td (in ) Tj ET Q q 0 0 0 rg BT 397.04 582.25 Td (all ) Tj ET Q q 0 0 0 rg BT 408.75 582.25 Td (material ) Tj ET Q q 0 0 0 rg BT 443.22 582.25 Td (respects, ) Tj ET Q q 0 0 0 rg BT 479.65 582.25 Td (the ) Tj ET Q q 0 0 0 rg BT 493.58 582.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 530.28 582.25 Td (position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 570.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.88 570.25 Td (V) Tj ET Q q 0 0 0 rg BT 66.81 570.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 126.20 570.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 155.04 570.25 Td (B.V) Tj ET Q q 0 0 0 rg BT 170.14 570.25 Td (. ) Tj ET Q q 0 0 0 rg BT 175.93 570.25 Td (as ) Tj ET Q q 0 0 0 rg BT 187.55 570.25 Td (of ) Tj ET Q q 0 0 0 rg BT 199.16 570.25 Td (December ) Tj ET Q q 0 0 0 rg BT 243.54 570.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 259.33 570.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 282.61 570.25 Td (and ) Tj ET Q q 0 0 0 rg BT 300.34 570.25 Td (the ) Tj ET Q q 0 0 0 rg BT 315.85 570.25 Td (result ) Tj ET Q q 0 0 0 rg BT 341.35 570.25 Td (of ) Tj ET Q q 0 0 0 rg BT 352.97 570.25 Td (its ) Tj ET Q q 0 0 0 rg BT 365.71 570.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 410.65 570.25 Td (and ) Tj ET Q q 0 0 0 rg BT 428.38 570.25 Td (its ) Tj ET Q q 0 0 0 rg BT 441.12 570.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 462.17 570.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 487.68 570.25 Td (for ) Tj ET Q q 0 0 0 rg BT 502.63 570.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.14 570.25 Td (year ) Tj ET Q q 0 0 0 rg BT 538.63 570.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 558.25 Td (December ) Tj ET Q q 0 0 0 rg BT 93.08 558.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 108.08 558.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 130.58 558.25 Td (in ) Tj ET Q q 0 0 0 rg BT 140.86 558.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 188.32 558.25 Td (with ) Tj ET Q q 0 0 0 rg BT 208.60 558.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 228.88 558.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 268.59 558.25 Td (accepted ) Tj ET Q q 0 0 0 rg BT 306.06 558.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 352.43 558.25 Td (principles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 536.25 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 536.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 138.59 536.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 176.07 536.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 220.78 536.25 Td (comprise: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 514.25 Td (1. ) Tj ET Q q 0 0 0 rg BT 85.50 514.25 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 514.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 153.26 514.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 186.29 514.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 209.34 514.25 Td (as ) Tj ET Q q 0 0 0 rg BT 220.17 514.25 Td (of ) Tj ET Q q 0 0 0 rg BT 231.00 514.25 Td (December ) Tj ET Q q 0 0 0 rg BT 274.58 514.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 289.58 514.25 Td (2018;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 492.25 Td (2. ) Tj ET Q q 0 0 0 rg BT 85.50 492.25 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 492.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 153.26 492.25 Td (statement ) Tj ET Q q 0 0 0 rg BT 194.08 492.25 Td (of ) Tj ET Q q 0 0 0 rg BT 204.91 492.25 Td (operations, ) Tj ET Q q 0 0 0 rg BT 251.56 492.25 Td (owner) Tj ET Q q 0 0 0 rg BT 276.93 492.25 Td () Tj ET Q q 0 0 0 rg BT 279.70 492.25 Td (s ) Tj ET Q q 0 0 0 rg BT 286.10 492.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 313.59 492.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.53 492.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 350.80 492.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 375.52 492.25 Td (for ) Tj ET Q q 0 0 0 rg BT 389.68 492.25 Td (the ) Tj ET Q q 0 0 0 rg BT 404.40 492.25 Td (year ) Tj ET Q q 0 0 0 rg BT 424.10 492.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 450.48 492.25 Td (December ) Tj ET Q q 0 0 0 rg BT 494.06 492.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 509.06 492.25 Td (2018; ) Tj ET Q q 0 0 0 rg BT 534.34 492.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 470.25 Td (3. ) Tj ET Q q 0 0 0 rg BT 85.50 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 100.22 470.25 Td (related ) Tj ET Q q 0 0 0 rg BT 129.92 470.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 153.53 470.25 Td (to ) Tj ET Q q 0 0 0 rg BT 163.81 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 178.52 470.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 231.56 470.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 269.04 470.25 Td (statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 448.25 Td (Basis ) Tj ET Q q 0 0 0 rg BT 83.23 448.25 Td (for ) Tj ET Q q 0 0 0 rg BT 97.95 448.25 Td (our ) Tj ET Q q 0 0 0 rg BT 114.91 448.25 Td (opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 426.25 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 426.25 Td (e ) Tj ET Q q 0 0 0 rg BT 82.69 426.25 Td (conducted ) Tj ET Q q 0 0 0 rg BT 125.90 426.25 Td (our ) Tj ET Q q 0 0 0 rg BT 141.34 426.25 Td (audit ) Tj ET Q q 0 0 0 rg BT 163.45 426.25 Td (in ) Tj ET Q q 0 0 0 rg BT 173.34 426.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 220.42 426.25 Td (with ) Tj ET Q q 0 0 0 rg BT 240.31 426.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 266.87 426.25 Td (law) Tj ET Q q 0 0 0 rg BT 280.65 426.25 Td (, ) Tj ET Q q 0 0 0 rg BT 285.27 426.25 Td (including ) Tj ET Q q 0 0 0 rg BT 325.16 426.25 Td (the ) Tj ET Q q 0 0 0 rg BT 339.49 426.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 366.04 426.25 Td (Standards ) Tj ET Q q 0 0 0 rg BT 407.59 426.25 Td (on ) Tj ET Q q 0 0 0 rg BT 419.24 426.25 Td (Auditing. ) Tj ET Q q 0 0 0 rg BT 459.41 426.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 477.08 426.25 Td (responsibilities ) Tj ET Q q 0 0 0 rg BT 539.74 426.25 Td (under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.25 Td (those ) Tj ET Q q 0 0 0 rg BT 73.14 414.25 Td (standards ) Tj ET Q q 0 0 0 rg BT 113.44 414.25 Td (are ) Tj ET Q q 0 0 0 rg BT 128.18 414.25 Td (further ) Tj ET Q q 0 0 0 rg BT 157.92 414.25 Td (described ) Tj ET Q q 0 0 0 rg BT 198.77 414.25 Td (in ) Tj ET Q q 0 0 0 rg BT 209.08 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 223.82 414.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 245.24 414.25 Td (responsibilities ) Tj ET Q q 0 0 0 rg BT 308.32 414.25 Td (for ) Tj ET Q q 0 0 0 rg BT 322.51 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 337.26 414.25 Td (audit ) Tj ET Q q 0 0 0 rg BT 359.79 414.25 Td (of ) Tj ET Q q 0 0 0 rg BT 370.65 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 385.40 414.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 438.47 414.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 475.98 414.25 Td (statements) Tj ET Q q 0 0 0 rg BT 520.78 414.25 Td ( ) Tj ET Q q 0 0 0 rg BT 523.32 414.25 Td (section ) Tj ET Q q 0 0 0 rg BT 554.17 414.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.25 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 402.25 Td (report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 380.25 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 380.25 Td (e ) Tj ET Q q 0 0 0 rg BT 83.90 380.25 Td (are ) Tj ET Q q 0 0 0 rg BT 99.44 380.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 151.64 380.25 Td (of ) Tj ET Q q 0 0 0 rg BT 163.06 380.25 Td (V) Tj ET Q q 0 0 0 rg BT 168.99 380.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 228.41 380.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 257.29 380.25 Td (B.V) Tj ET Q q 0 0 0 rg BT 272.39 380.25 Td (. ) Tj ET Q q 0 0 0 rg BT 278.22 380.25 Td (in ) Tj ET Q q 0 0 0 rg BT 289.33 380.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 337.61 380.25 Td (with ) Tj ET Q q 0 0 0 rg BT 358.72 380.25 Td (the ) Tj ET Q q 0 0 0 rg BT 374.26 380.25 Td (V) Tj ET Q q 0 0 0 rg BT 383.71 380.25 Td (erordening ) Tj ET Q q 0 0 0 rg BT 430.35 380.25 Td (inzake ) Tj ET Q q 0 0 0 rg BT 459.77 380.25 Td (de ) Tj ET Q q 0 0 0 rg BT 472.54 380.25 Td (onafhankelijkheid ) Tj ET Q q 0 0 0 rg BT 548.06 380.25 Td (van ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 368.25 Td (accountants ) Tj ET Q q 0 0 0 rg BT 102.27 368.25 Td (bij ) Tj ET Q q 0 0 0 rg BT 118.39 368.25 Td (assurance-opdrachten) Tj ET Q q 0 0 0 rg BT 207.60 368.25 Td ( ) Tj ET Q q 0 0 0 rg BT 213.17 368.25 Td (\(V) Tj ET Q q 0 0 0 rg BT 223.12 368.25 Td (iO, ) Tj ET Q q 0 0 0 rg BT 241.19 368.25 Td (Code ) Tj ET Q q 0 0 0 rg BT 267.86 368.25 Td (of ) Tj ET Q q 0 0 0 rg BT 281.76 368.25 Td (Ethics ) Tj ET Q q 0 0 0 rg BT 312.32 368.25 Td (for ) Tj ET Q q 0 0 0 rg BT 329.55 368.25 Td (Professional ) Tj ET Q q 0 0 0 rg BT 383.32 368.25 Td (Accountants, ) Tj ET Q q 0 0 0 rg BT 441.38 368.25 Td (a ) Tj ET Q q 0 0 0 rg BT 451.38 368.25 Td (regulation ) Tj ET Q q 0 0 0 rg BT 497.49 368.25 Td (with ) Tj ET Q q 0 0 0 rg BT 520.84 368.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 554.72 368.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (independence\) ) Tj ET Q q 0 0 0 rg BT 112.59 356.25 Td (and ) Tj ET Q q 0 0 0 rg BT 131.82 356.25 Td (other ) Tj ET Q q 0 0 0 rg BT 157.16 356.25 Td (relevant ) Tj ET Q q 0 0 0 rg BT 194.15 356.25 Td (independence ) Tj ET Q q 0 0 0 rg BT 253.91 356.25 Td (regulations ) Tj ET Q q 0 0 0 rg BT 303.14 356.25 Td (in ) Tj ET Q q 0 0 0 rg BT 315.70 356.25 Td (the ) Tj ET Q q 0 0 0 rg BT 332.71 356.25 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 388.32 356.25 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 445.59 356.25 Td (we ) Tj ET Q q 0 0 0 rg BT 462.04 356.25 Td (have ) Tj ET Q q 0 0 0 rg BT 485.71 356.25 Td (complied ) Tj ET Q q 0 0 0 rg BT 527.71 356.25 Td (with ) Tj ET Q q 0 0 0 rg BT 550.28 356.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (V) Tj ET Q q 0 0 0 rg BT 58.94 344.25 Td (erordening ) Tj ET Q q 0 0 0 rg BT 104.76 344.25 Td (gedrags- ) Tj ET Q q 0 0 0 rg BT 141.69 344.25 Td (en ) Tj ET Q q 0 0 0 rg BT 153.63 344.25 Td (beroepsregels ) Tj ET Q q 0 0 0 rg BT 211.10 344.25 Td (accountants) Tj ET Q q 0 0 0 rg BT 260.89 344.25 Td ( ) Tj ET Q q 0 0 0 rg BT 263.39 344.25 Td (\(VGBA, ) Tj ET Q q 0 0 0 rg BT 300.06 344.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 327.00 344.25 Td (Code ) Tj ET Q q 0 0 0 rg BT 350.60 344.25 Td (of ) Tj ET Q q 0 0 0 rg BT 361.43 344.25 Td (Ethics\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 322.25 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 322.25 Td (e ) Tj ET Q q 0 0 0 rg BT 83.08 322.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 114.45 322.25 Td (that ) Tj ET Q q 0 0 0 rg BT 131.94 322.25 Td (the ) Tj ET Q q 0 0 0 rg BT 146.66 322.25 Td (audit ) Tj ET Q q 0 0 0 rg BT 169.16 322.25 Td (evidence ) Tj ET Q q 0 0 0 rg BT 207.19 322.25 Td (we ) Tj ET Q q 0 0 0 rg BT 221.35 322.25 Td (have ) Tj ET Q q 0 0 0 rg BT 242.72 322.25 Td (obtained ) Tj ET Q q 0 0 0 rg BT 279.66 322.25 Td (is ) Tj ET Q q 0 0 0 rg BT 288.83 322.25 Td (suf) Tj ET Q q 0 0 0 rg BT 300.87 322.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 328.91 322.25 Td (and ) Tj ET Q q 0 0 0 rg BT 345.85 322.25 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 393.88 322.25 Td (to ) Tj ET Q q 0 0 0 rg BT 404.16 322.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 437.21 322.25 Td (a ) Tj ET Q q 0 0 0 rg BT 444.15 322.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 466.65 322.25 Td (for ) Tj ET Q q 0 0 0 rg BT 480.81 322.25 Td (our ) Tj ET Q q 0 0 0 rg BT 496.64 322.25 Td (opinion.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 300.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 81.99 300.25 Td (on ) Tj ET Q q 0 0 0 rg BT 95.05 300.25 Td (the ) Tj ET Q q 0 0 0 rg BT 110.88 300.25 Td (Other) Tj ET Q q 0 0 0 rg BT 136.25 300.25 Td ( ) Tj ET Q q 0 0 0 rg BT 138.75 300.25 Td (Information ) Tj ET Q q 0 0 0 rg BT 193.47 300.25 Td (Included ) Tj ET Q q 0 0 0 rg BT 233.76 300.25 Td (in ) Tj ET Q q 0 0 0 rg BT 244.60 300.25 Td (the ) Tj ET Q q 0 0 0 rg BT 259.88 300.25 Td (Annual ) Tj ET Q q 0 0 0 rg BT 294.07 300.25 Td (Report) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 278.25 Td (In ) Tj ET Q q 0 0 0 rg BT 77.17 278.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 111.29 278.25 Td (to ) Tj ET Q q 0 0 0 rg BT 120.41 278.25 Td (the ) Tj ET Q q 0 0 0 rg BT 133.98 278.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 185.86 278.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 222.19 278.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 265.74 278.25 Td (and ) Tj ET Q q 0 0 0 rg BT 281.53 278.25 Td (our ) Tj ET Q q 0 0 0 rg BT 296.20 278.25 Td (auditor) Tj ET Q q 0 0 0 rg BT 324.90 278.25 Td () Tj ET Q q 0 0 0 rg BT 327.67 278.25 Td (s ) Tj ET Q q 0 0 0 rg BT 332.91 278.25 Td (report ) Tj ET Q q 0 0 0 rg BT 358.13 278.25 Td (thereon, ) Tj ET Q q 0 0 0 rg BT 391.96 278.25 Td (the ) Tj ET Q q 0 0 0 rg BT 405.52 278.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 433.52 278.25 Td (report ) Tj ET Q q 0 0 0 rg BT 458.74 278.25 Td (contains ) Tj ET Q q 0 0 0 rg BT 493.41 278.25 Td (other ) Tj ET Q q 0 0 0 rg BT 515.30 278.25 Td (information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.00 266.25 Td (consists ) Tj ET Q q 0 0 0 rg BT 101.17 266.25 Td (of ) Tj ET Q q 0 0 0 rg BT 112.00 266.25 Td (the ) Tj ET Q q 0 0 0 rg BT 126.71 266.25 Td (chapters: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 244.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 244.25 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 155.77 244.25 Td (Statements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 222.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 222.25 Td (Business; ) Tj ET Q q 0 0 0 rg BT 126.34 222.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 200.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 200.25 Td (Management) Tj ET Q q 0 0 0 rg BT 140.48 200.25 Td (s ) Tj ET Q q 0 0 0 rg BT 146.87 200.25 Td (Discussion ) Tj ET Q q 0 0 0 rg BT 193.26 200.25 Td (and ) Tj ET Q q 0 0 0 rg BT 209.65 200.25 Td (Analysis ) Tj ET Q q 0 0 0 rg BT 247.15 200.25 Td (of ) Tj ET Q q 0 0 0 rg BT 257.98 200.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 297.69 200.25 Td (Condition ) Tj ET Q q 0 0 0 rg BT 340.20 200.25 Td (and ) Tj ET Q q 0 0 0 rg BT 357.14 200.25 Td (Results ) Tj ET Q q 0 0 0 rg BT 389.08 200.25 Td (of ) Tj ET Q q 0 0 0 rg BT 399.91 200.25 Td (Operations.) 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0.9333333333333333 1 rg /GS0 gs 49.00 420.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 420.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 420.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 420.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 390.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 390.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 390.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 390.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 360.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 360.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 360.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 360.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 330.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 330.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 330.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 330.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 300.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 300.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 300.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 300.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 270.75 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 270.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 270.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 656.75 m 493 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 656.75 m 497 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 656.75 m 562 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 642.75 m 493 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 628.75 m 493 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 642.75 m 497 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 642.75 m 562 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 628.75 m 562 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 420.75 m 493 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 420.75 m 562 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 420.75 m 493 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 420.75 m 562 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 330.75 m 493 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 330.75 m 562 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 315.75 m 493 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 315.75 m 562 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 255.75 m 493 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 255.75 m 562 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 255.75 m 493 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 241.75 m 493 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 239.75 m 493 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 255.75 m 562 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 241.75 m 562 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 239.75 m 562 239.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.80 661.20 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.30 647.20 Td (December) Tj ET Q q 0 0 0 rg BT 507.11 647.20 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 633.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.00 633.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 620.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.35 620.15 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 158.25 607.15 Td (LIABILITIES ) Tj ET Q q 0 0 0 rg BT 215.53 607.15 Td (AND OWNERS EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 591.32 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 576.32 Td (Accounts payable \(note 1) Tj ET Q q 0 0 0 rg BT 159.22 576.32 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 575.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 575.42 Td (395.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 575.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 575.42 Td (370.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 561.32 Td (Accrued and other current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 546.32 Td (Third-party \(note 12\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 545.42 Td (313.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 545.42 Td (325.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 531.32 Td (Related-party \(note 1) Tj ET Q q 0 0 0 rg BT 148.09 531.32 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 530.42 Td (2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 530.42 Td (1) Tj ET Q q 0 0 0 rg BT 545.65 530.42 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 516.32 Td (Deferred revenue and advance payments from subscribers and others \(notes 2 and 4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 515.42 Td (203.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 515.42 Td (192.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 500.42 Td (V) Tj ET Q q 0 0 0 rg BT 64.08 500.42 Td (A) Tj ET Q q 0 0 0 rg BT 70.10 500.42 Td (T) Tj ET Q q 0 0 0 rg BT 75.56 500.42 Td ( payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 500.42 Td (107.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 500.42 Td (122.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 485.42 Td (Derivative instruments \(note 6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 485.42 Td (71.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 485.42 Td (65.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 470.42 Td (Accrued interest \(note 9\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 470.42 Td (155.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 470.42 Td (151.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 455.42 Td (Current portion of debt and capital lease obligations \(note 9\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 440.42 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 440.42 Td (1,005.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 440.42 Td (750.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 425.42 Td (Related-party \(note 1) Tj ET Q q 0 0 0 rg BT 148.09 425.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 425.42 Td (200.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 425.42 Td (200.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 411.32 Td (T) Tj ET Q q 0 0 0 rg BT 75.26 411.32 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 410.42 Td (2,455.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 410.42 Td (2,189.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 395.42 Td (Long-term debt and capital lease obligations \(note 9\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 380.42 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 380.42 Td (9,946.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 380.42 Td (9,718.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 365.42 Td (Related-party \(note 1) Tj ET Q q 0 0 0 rg BT 142.09 365.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 365.42 Td (1,400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 365.42 Td (1,600.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 350.42 Td (Deferred income taxes \(note 10\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 350.42 Td (1,070.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 350.42 Td (1,385.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 335.42 Td (Other long-term liabilities \(notes 2, 4, 6 and 12\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 335.42 Td (465.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 335.42 Td (697.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 321.32 Td (T) Tj ET Q q 0 0 0 rg BT 75.26 321.32 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 320.42 Td (15,337.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.15 320.42 Td (15,590.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 290.42 Td (Commitments and contingencies \(notes 6, 1) Tj ET Q q 0 0 0 rg BT 226.84 290.42 Td (1 and 13\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 260.42 Td (T) Tj ET Q q 0 0 0 rg BT 56.91 260.42 Td (otal owner) Tj ET Q q 0 0 0 rg BT 99.77 260.42 Td () Tj ET Q q 0 0 0 rg BT 102.54 260.42 Td (s equity \(notes 2 and 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 260.42 Td (4,970.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 260.42 Td (5,122.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 246.32 Td (T) Tj ET Q q 0 0 0 rg BT 74.91 246.32 Td (otal liabilities and owner) Tj ET Q q 0 0 0 rg BT 174.42 246.32 Td () Tj ET Q q 0 0 0 rg BT 177.20 246.32 Td (s equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 245.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 245.42 Td (20,307.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 245.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.15 245.42 Td (20,713.1) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.30 47.10 Td (The accompanying notes are an integral part of these consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 23.10 Td (II-32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 722.25 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 722.25 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 722.25 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 722.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.15 705.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 248.97 705.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 283.52 705.25 Td (A) Tj ET Q q 0 0 0 rg BT 290.00 705.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 354.92 705.25 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 391.68 705.25 Td (TIONS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 575.75 310.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 575.75 64.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 575.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 575.75 64.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 575.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 575.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 575.75 64.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 535.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 535.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 535.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 535.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 535.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 535.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 535.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 505.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 505.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 505.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 505.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 505.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 505.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 505.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 475.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 475.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 475.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 475.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 475.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 475.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 475.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 445.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 445.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 445.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 445.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 445.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 445.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 445.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 430.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 415.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 415.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 415.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 415.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 415.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 415.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 415.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 385.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 385.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 385.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 385.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 385.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 385.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 385.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 355.75 310.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 355.75 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 355.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 355.75 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 355.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 355.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 355.75 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 317.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 317.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 317.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 317.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 287.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 287.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 287.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 287.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 257.75 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 257.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 257.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 257.75 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 665.75 m 494.5 650.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 650.75 m 494.5 635.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 635.75 m 494.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 620.75 m 562.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 620.75 m 422.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 605.75 m 422.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 620.75 m 426.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 620.75 m 490.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 605.75 m 490.5 605.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 620.75 m 494.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 620.75 m 562.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 605.75 m 562.5 605.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 605.75 m 494.5 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 575.75 m 422.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 575.75 m 490.5 575.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 590.75 m 494.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 575.75 m 562.5 575.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 575.75 m 494.5 550.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 550.75 m 494.5 535.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 535.75 m 494.5 520.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 520.75 m 494.5 505.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 505.75 m 494.5 490.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 490.75 m 494.5 475.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 475.75 m 494.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 445.75 m 422.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 445.75 m 490.5 445.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 460.75 m 494.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 445.75 m 562.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 430.75 m 422.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 430.75 m 490.5 430.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 445.75 m 494.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 430.75 m 562.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 430.75 m 422.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 415.75 m 422.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 415.75 m 490.5 415.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 430.75 m 494.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 415.75 m 562.5 415.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 415.75 m 494.5 400.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 400.75 m 494.5 385.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 385.75 m 494.5 370.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 370.75 m 494.5 355.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 355.75 m 494.5 332.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 332.75 m 494.5 317.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 317.75 m 494.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 287.75 m 422.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 287.75 m 490.5 287.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 302.75 m 494.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 287.75 m 562.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 272.75 m 422.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 272.75 m 490.5 272.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 287.75 m 494.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 272.75 m 562.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 272.75 m 422.5 272.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 272.75 m 494.5 257.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 242.75 m 422.5 242.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 257.75 m 494.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 242.75 m 422.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 228.75 m 422.5 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 226.75 m 422.5 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 242.75 m 490.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 228.75 m 490.5 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 226.75 m 490.5 226.75 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 494.5 242.75 m 494.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 242.75 m 562.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 228.75 m 562.5 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 226.75 m 562.5 226.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.30 655.20 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.15 655.20 Td (Pr) Tj ET Q q 0 0 0 rg BT 516.56 655.20 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.45 640.20 Td (Y) Tj ET Q q 0 0 0 rg BT 408.45 640.20 Td (ear) Tj ET Q q 0 0 0 rg BT 420.36 640.20 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.45 640.20 Td (Y) Tj ET Q q 0 0 0 rg BT 514.45 640.20 Td (ear) Tj ET Q q 0 0 0 rg BT 526.36 640.20 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.80 625.20 Td (December) Tj ET Q q 0 0 0 rg BT 436.69 625.20 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.80 625.20 Td (December) Tj ET Q q 0 0 0 rg BT 542.69 625.20 Td ( 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.00 610.21 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 610.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 610.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.00 610.20 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.00 595.21 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.85 595.20 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.85 595.20 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.00 580.42 Td (Revenue \(notes 2, 3, 1) Tj ET Q q 0 0 0 rg BT 140.05 580.42 Td (1 and 14\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 580.42 Td (3,895.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 580.42 Td (3,995.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 580.42 Td (2,430.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.00 566.32 Td (Operating costs and expenses \(exclusive of depreciation and amortization,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 556.32 Td (shown separately below\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 540.42 Td (Programming and other direct costs of services \(note 1) Tj ET Q q 0 0 0 rg BT 278.64 540.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 540.42 Td (858.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 540.42 Td (874.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 540.42 Td (458.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 525.42 Td (Other operating \(note 1) Tj ET Q q 0 0 0 rg BT 153.39 525.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 525.42 Td (467.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 525.42 Td (478.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 525.42 Td (313.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 510.42 Td (Selling, general and administrative \() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.23 510.42 Td (SG&A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.13 510.42 Td (\) \(notes 2, 3 and 1) Tj ET Q q 0 0 0 rg BT 305.96 510.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 510.42 Td (643.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 510.42 Td (712.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.42 Td (341.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 495.42 Td (Char) Tj ET Q q 0 0 0 rg BT 79.35 495.42 Td (ges for JV) Tj ET Q q 0 0 0 rg BT 120.27 495.42 Td ( Services \(note 1) Tj ET Q q 0 0 0 rg BT 186.92 495.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 495.42 Td (227.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 495.42 Td (243.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 495.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 480.42 Td (Related-party fees and allocations \(note 1) Tj ET Q q 0 0 0 rg BT 226.14 480.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 480.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 480.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 480.42 Td (233.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 465.42 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 465.42 Td (1,552.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 465.42 Td (1,486.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 465.42 Td (917.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 450.42 Td (Impairment, restructuring and other operating items, net \(note 12\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 450.42 Td (35.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 450.42 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 450.42 Td (26.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 435.42 Td (3,784.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 435.42 Td (3,802.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 435.42 Td (2,290.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 421.32 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 420.42 Td (1) Tj ET Q q 0 0 0 rg BT 401.15 420.42 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 420.42 Td (192.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 420.42 Td (139.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.00 406.32 Td (Non-operating income \(expense\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 390.42 Td (Interest expense:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 375.42 Td (Third-party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 375.47 Td (\(473.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 375.47 Td (\(463.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 375.47 Td (\(363.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 360.42 Td (Related-party \(note 1) Tj ET Q q 0 0 0 rg BT 150.59 360.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 360.47 Td (\(101.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 360.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 360.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 469.13 360.47 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 360.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 360.47 Td (\(163.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 360.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 346.32 Td (Realized and unrealized gains \(losses\) on derivative instruments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 336.32 Td (\(note 6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 337.42 Td (295.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 337.47 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 337.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 337.47 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 337.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 322.42 Td (Foreign currency transaction gains \(losses\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 322.47 Td (\(232.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 322.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 322.42 Td (666.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 322.47 Td (\(78.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 322.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 307.42 Td (Gains \(losses\) on debt modification and extinguishment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 307.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 307.42 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 307.47 Td (\(14.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 307.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 292.42 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 292.42 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 292.42 Td (16.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 292.47 Td (\(13.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 292.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 277.47 Td (\(506.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 277.47 Td (\(514.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 277.47 Td (\(767.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 263.32 Td (Loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.89 263.32 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.39 263.32 Td (before income taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 262.47 Td (\(395.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 262.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 262.47 Td (\(321.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 262.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 262.47 Td (\(627.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 262.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.00 247.42 Td (Income tax benefit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.97 247.42 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.47 247.42 Td (\(notes 2, 3 and 10\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 247.42 Td (318.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 247.42 Td (91.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 247.42 Td (183.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 232.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 232.47 Td (\(77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 232.47 Td (\(229.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 232.47 Td (\(444.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.30 47.10 Td (The accompanying notes are an integral part of these consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 23.10 Td (II-33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 722.25 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 722.25 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 722.25 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 722.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 180.05 705.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 239.87 705.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 274.43 705.25 Td (A) Tj ET Q q 0 0 0 rg BT 280.90 705.25 Td (TEMENT) Tj ET Q q 0 0 0 rg BT 324.06 705.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 340.08 705.25 Td ( OWNERS EQUITY) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.75 448.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 647.75 62.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 619.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 619.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 589.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 589.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 560.75 448.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 560.75 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 531.75 448.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 531.75 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 502.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 502.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 464.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 434.75 448.00 -6.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 434.75 62.00 -6.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 422.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 392.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 392.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 362.75 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 362.75 62.00 -15.00 re f /GS0 gs 0.8 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0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 428.75 m 498.5 428.75 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 428.75 m 560.5 428.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 347.75 m 560.5 347.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 317.75 m 560.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 317.75 m 560.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 242.75 m 560.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 228.75 m 560.5 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 226.75 m 560.5 226.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.85 661.20 Td (T) Tj ET Q q 0 0 0 rg BT 508.03 661.20 Td (otal owner) Tj ET Q q 0 0 0 rg BT 548.93 661.20 Td () Tj ET Q q 0 0 0 rg BT 551.59 661.20 Td (s) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.95 652.20 Td (equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.85 639.15 Td (in millions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 624.43 Td (Pr) Tj ET Q q 0 0 0 rg BT 63.46 624.43 Td (edecessor:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 609.42 Td (Balance at December 31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 609.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 609.42 Td (1,407.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 594.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 594.47 Td (\(444.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 594.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 579.42 Td (Conversion of related-party note to equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 579.42 Td (2,449.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 565.32 Td (T) Tj ET Q q 0 0 0 rg BT 70.76 565.32 Td (echtix termination fee, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 565.37 Td (\(543.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 565.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 551.32 Td (Conversion of obligation arising from ) Tj ET Q q 0 0 0 rg BT 219.06 551.32 Td (T) Tj ET Q q 0 0 0 rg BT 224.72 551.32 Td (echtix termination fee to equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 551.32 Td (724.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 536.42 Td (Contribution of ) Tj ET Q q 0 0 0 rg BT 129.35 536.42 Td (V) Tj ET Q q 0 0 0 rg BT 135.84 536.42 Td (A) Tj ET Q q 0 0 0 rg BT 141.86 536.42 Td (T) Tj ET Q q 0 0 0 rg BT 147.33 536.42 Td ( paid by Liberty Global on behalf of Old Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 536.42 Td (152.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 522.32 Td (Distribution of net operating losses to Liberty Global Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.80 522.37 Td (\(42.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 522.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 507.42 Td (Share-based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 507.42 Td (8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 492.42 Td (Capital char) Tj ET Q q 0 0 0 rg BT 113.50 492.42 Td (ge in connection with the exercise of share-based incentive awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 492.47 Td (\(3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 492.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 478.32 Td (Excess consideration received over the carrying value of property and equipment transferred to entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 468.32 Td (under common control) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 469.47 Td (\(1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 469.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 454.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 454.42 Td (4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 439.42 Td (Balance at December 31, 2016 prior to closing of the JV) Tj ET Q q 0 0 0 rg BT 284.68 439.42 Td ( ) Tj ET Q q 0 0 0 rg BT 287.00 439.42 Td (T) Tj ET Q q 0 0 0 rg BT 292.84 439.42 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 439.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 439.42 Td (3,710.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 412.43 Td (Successor:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 397.42 Td (Balance at December 31, 2016 after closing of the JV) Tj ET Q q 0 0 0 rg BT 273.27 397.42 Td ( ) Tj ET Q q 0 0 0 rg BT 275.59 397.42 Td (T) Tj ET Q q 0 0 0 rg BT 281.44 397.42 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 397.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 397.42 Td (5,939.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 382.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 382.47 Td (\(229.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 382.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 367.42 Td (Distributions to ) Tj ET Q q 0 0 0 rg BT 129.91 367.42 Td (V) Tj ET Q q 0 0 0 rg BT 136.40 367.42 Td (odafoneZiggo Group Holding \(note 1) Tj ET Q q 0 0 0 rg BT 285.54 367.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 367.47 Td (\(592.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 367.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 352.42 Td (Share-based compensation \(note 1) Tj ET Q q 0 0 0 rg BT 202.27 352.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 352.42 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 337.42 Td (Balance at December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 337.42 Td (5,122.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 322.42 Td (Accounting change \(note 2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 322.42 Td (321.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 307.42 Td (Balance at January 1, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 307.42 Td (5,443.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 292.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.80 292.47 Td (\(77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 292.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 277.42 Td (Distributions to ) Tj ET Q q 0 0 0 rg BT 129.91 277.42 Td (V) Tj ET Q q 0 0 0 rg BT 136.40 277.42 Td (odafoneZiggo Group Holding \(note 1) Tj ET Q q 0 0 0 rg BT 285.54 277.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 277.47 Td (\(400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 262.42 Td (Share-based compensation \(note 1) Tj ET Q q 0 0 0 rg BT 202.27 262.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 262.42 Td (2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 247.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 247.42 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 232.42 Td (Balance at December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 232.42 Td (4,970.1) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.30 47.10 Td (The accompanying notes are an integral part of these consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 23.10 Td (II-34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 726.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 726.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 726.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 726.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.65 709.75 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 248.47 709.75 Td (TED ST) Tj ET Q q 0 0 0 rg BT 283.02 709.75 Td (A) Tj ET Q q 0 0 0 rg BT 289.50 709.75 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 354.42 709.75 Td ( CASH FLOWS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 593.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 593.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 593.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 593.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 593.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 593.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 593.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 563.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 563.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 563.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 563.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 563.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 563.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 563.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 533.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 533.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 533.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 533.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 533.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 533.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 533.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 503.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 503.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 503.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 503.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 503.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 503.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 503.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 463.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 463.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 463.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 463.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 463.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 463.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 463.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 433.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 433.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 433.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 433.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 433.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 433.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 433.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 403.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 403.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 403.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 403.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 403.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 403.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 403.65 59.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 496.00 388.65 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 500.00 388.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 373.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 373.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 373.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 373.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 373.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 373.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 373.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 343.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 343.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 343.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 343.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 343.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 343.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 343.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 313.65 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 313.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 313.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 313.65 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 313.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 313.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 313.65 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 677.65 m 500 663.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 663.65 m 500 649.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 635.65 m 433 635.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 635.65 m 437 635.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 635.65 m 496 635.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 649.65 m 500 635.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 635.65 m 563 635.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 621.65 m 433 621.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 621.65 m 496 621.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 635.65 m 500 621.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 621.65 m 563 621.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 621.65 m 500 608.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 608.65 m 500 593.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 593.65 m 500 578.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 578.65 m 500 563.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 563.65 m 500 548.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 548.65 m 500 533.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 533.65 m 500 518.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 518.65 m 500 503.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 503.65 m 500 488.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 488.65 m 500 463.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 463.65 m 500 448.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 448.65 m 500 433.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 433.65 m 500 418.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 418.65 m 500 403.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 403.65 m 500 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 388.65 m 433 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 373.65 m 433 373.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 388.65 m 496 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 373.65 m 496 373.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 388.65 m 500 373.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 388.65 m 563 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 373.65 m 563 373.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 373.65 m 500 358.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 358.65 m 500 343.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 343.65 m 500 328.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 328.65 m 500 313.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 298.65 m 433 298.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 298.65 m 496 298.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 313.65 m 500 298.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 298.65 m 563 298.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 283.65 m 433 283.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 283.65 m 496 283.65 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 298.65 m 500 283.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 283.65 m 563 283.65 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.80 668.10 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.15 668.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 519.56 668.10 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.95 654.10 Td (Y) Tj ET Q q 0 0 0 rg BT 418.95 654.10 Td (ear) Tj ET Q q 0 0 0 rg BT 430.86 654.10 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.45 654.10 Td (Y) Tj ET Q q 0 0 0 rg BT 517.45 654.10 Td (ear) Tj ET Q q 0 0 0 rg BT 529.36 654.10 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.30 640.10 Td (December) Tj ET Q q 0 0 0 rg BT 447.19 640.10 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.80 640.10 Td (December) Tj ET Q q 0 0 0 rg BT 545.69 640.10 Td ( 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 626.11 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 626.10 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.00 626.10 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 626.10 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 612.91 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.35 613.05 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.85 613.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 599.22 Td (Cash flows from operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 583.32 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 583.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.30 583.37 Td (\(77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.50 583.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 583.37 Td (\(229.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 583.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 583.37 Td (\(444.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 568.32 Td (Adjustments to reconcile net loss to net cash provided by operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 554.22 Td (Share-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 553.32 Td (2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 553.32 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 553.32 Td (8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 539.22 Td (Related-party fees and allocations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 538.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 538.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 538.32 Td (233.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 524.22 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 523.32 Td (1,552.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 523.32 Td (1,486.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 523.32 Td (917.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 509.22 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 508.32 Td (35.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 508.32 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 508.32 Td (26.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 494.22 Td (Related-party interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 493.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 493.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 493.32 Td (163.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 479.22 Td (Amortization of debt premiums, deferred financing costs and other non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 469.22 Td (cash interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.30 468.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 416.63 468.37 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 468.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 468.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 479.63 468.37 Td (1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 468.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 468.32 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 454.22 Td (Realized and unrealized losses \(gains\) on derivative instruments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 453.37 Td (\(295.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 453.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 453.32 Td (637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 453.32 Td (134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 439.22 Td (Foreign currency transaction losses \(gains\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 438.32 Td (232.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 438.37 Td (\(666.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 438.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 438.32 Td (78.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 424.22 Td (Losses \(gains\) on debt modification and extinguishment of debt, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 423.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 423.37 Td (\(15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 423.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 423.32 Td (14.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 409.22 Td (Deferred income tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 408.37 Td (\(318.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 408.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 408.37 Td (\(91.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 408.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 408.37 Td (\(183.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 408.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 394.22 Td (Changes in operating assets and liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 393.32 Td (23.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 393.32 Td (1) Tj ET Q q 0 0 0 rg BT 474.65 393.32 Td (10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 393.37 Td (\(46.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 393.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 379.22 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 378.32 Td (1,143.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 378.32 Td (1,231.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 378.32 Td (905.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 349.22 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 333.32 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 333.37 Td (\(213.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 333.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 333.37 Td (\(495.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 333.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 333.37 Td (\(343.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 333.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 318.32 Td (Net advances to related parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 318.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 318.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 318.37 Td (\(51.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 318.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 303.32 Td (Other investing activities, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 303.32 Td (1) Tj ET Q q 0 0 0 rg BT 416.65 303.32 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 303.32 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 303.32 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 289.22 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 288.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 288.37 Td (\(202.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 288.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.50 288.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 288.37 Td (\(490.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 288.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 288.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 288.37 Td (\(394.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 288.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.30 47.10 Td (The accompanying notes are an integral part of these consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 23.10 Td (II-35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 726.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 726.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 726.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 726.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 155.30 709.75 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 215.12 709.75 Td (TED ST) Tj ET Q q 0 0 0 rg BT 249.68 709.75 Td (A) Tj ET Q q 0 0 0 rg BT 256.15 709.75 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 321.07 709.75 Td ( CASH FLOWS \(Continued\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 606.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 606.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 606.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 606.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 606.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 606.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 606.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 576.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 576.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 576.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 576.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 576.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 576.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 576.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 546.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 546.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 546.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 546.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 546.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 546.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 546.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 516.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 516.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 516.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 516.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 516.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 516.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 516.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 486.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 486.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 486.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 486.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 486.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 486.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 486.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 456.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 456.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 456.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 456.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 456.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 456.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 456.25 59.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 441.25 324.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 418.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 418.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 418.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 418.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 418.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 418.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 418.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 388.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 388.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 388.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 388.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 388.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 388.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 388.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 358.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 358.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 358.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 358.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 358.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 358.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 358.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 328.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 328.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 328.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 328.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 328.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 328.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 328.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 298.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 298.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 298.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 298.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 298.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 298.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 298.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 268.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 268.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 268.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 268.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 268.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 268.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 268.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 238.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 238.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 238.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 238.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 238.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 238.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 238.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 208.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 208.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 208.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 208.25 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 208.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 208.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 208.25 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 675.25 m 499 661.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 661.25 m 499 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 633.25 m 432 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 633.25 m 495 633.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 647.25 m 499 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 633.25 m 562 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 633.25 m 432 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 619.25 m 432 619.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 633.25 m 436 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 633.25 m 495 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 619.25 m 495 619.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 633.25 m 499 619.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 633.25 m 562 633.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 619.25 m 562 619.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 619.25 m 499 606.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 606.25 m 499 591.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 591.25 m 499 576.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 576.25 m 499 561.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 561.25 m 499 546.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 546.25 m 499 531.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 531.25 m 499 516.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 516.25 m 499 501.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 501.25 m 499 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 471.25 m 432 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 471.25 m 495 471.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 486.25 m 499 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 471.25 m 562 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 471.25 m 432 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 456.25 m 432 456.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 471.25 m 495 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 456.25 m 495 456.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 471.25 m 499 456.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 471.25 m 562 471.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 456.25 m 562 456.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 456.25 m 499 441.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 441.25 m 499 418.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 418.25 m 499 403.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 403.25 m 499 388.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 388.25 m 499 373.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 373.25 m 499 358.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 358.25 m 499 343.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 343.25 m 499 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 328.25 m 432 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 314.25 m 432 314.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 312.25 m 432 312.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 328.25 m 495 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 314.25 m 495 314.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 312.25 m 495 312.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 328.25 m 499 313.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 328.25 m 562 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 314.25 m 562 314.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 312.25 m 562 312.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 313.25 m 499 298.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 284.25 m 432 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 282.25 m 432 282.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 284.25 m 495 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 282.25 m 495 282.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 298.25 m 499 283.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 284.25 m 562 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 282.25 m 562 282.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 282.25 m 432 282.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 284.25 m 432 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 269.25 m 432 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 267.25 m 432 267.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 282.25 m 495 282.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 284.25 m 495 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 269.25 m 495 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 267.25 m 495 267.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 283.25 m 499 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 282.25 m 562 282.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 284.25 m 562 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 269.25 m 562 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 267.25 m 562 267.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 254.25 m 432 254.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 252.25 m 432 252.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 254.25 m 495 254.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 252.25 m 495 252.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 268.25 m 499 253.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 254.25 m 562 254.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 252.25 m 562 252.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 253.25 m 499 238.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 238.25 m 499 223.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 490.92 Td (Payment of financing costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 490.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 490.97 Td (\(21.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 490.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 490.97 Td (\(19.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 490.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 475.92 Td (Other financing activities, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 475.97 Td (\(1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 475.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 475.92 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 475.97 Td (\(4.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 475.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 461.82 Td (Net cash used by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 460.97 Td (\(976.9) Tj ET Q BT /F1 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ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 392.97 Td (\(2,765.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 392.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 392.97 Td (\(6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 392.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 362.92 Td (Cash and cash equivalents and restricted cash:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 347.92 Td (Beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 347.92 Td (276.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 347.92 Td (3,042.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 347.92 Td (2,995.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 332.92 Td (Cash contributed from ) Tj ET Q q 0 0 0 rg BT 149.89 332.92 Td (V) Tj ET Q q 0 0 0 rg BT 156.38 332.92 Td (odafone NL) Tj ET Q q 0 0 0 rg BT 203.58 332.92 Td ( upon closing of the JV) Tj ET Q q 0 0 0 rg BT 296.35 332.92 Td ( ) Tj ET Q q 0 0 0 rg BT 298.67 332.92 Td (T) Tj ET Q q 0 0 0 rg BT 304.52 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Td (433.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 287.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 287.92 Td (340.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 272.92 Td (Cash paid for related-party interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 272.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 272.92 Td (101.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 272.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 272.92 Td (1) Tj ET Q q 0 0 0 rg BT 473.65 272.92 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 272.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 272.92 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 258.82 Td (Cash refunded for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 257.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 257.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 257.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 257.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 257.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 257.97 Td (\(2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 257.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 228.82 Td (Details of end of period cash and cash equivalents and restricted cash:) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 63.50 213.99 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 212.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 212.92 Td (239.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 212.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 212.92 Td (274.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 212.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 212.92 Td (59.9) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 63.50 198.99 Td (Restricted cash \(including amounts included in other current assets\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 197.92 Td (2.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.20 748.75 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-36) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 687.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 687.75 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 687.75 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 686.18505859375 m 165.7578125 686.18505859375 l s q 0 0 0 rg BT 76.50 687.75 Td (Basis of Pr) Tj ET Q q 0 0 0 rg BT 122.43 687.75 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.75 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 665.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 131.99 665.75 Td (Group ) Tj ET Q q 0 0 0 rg BT 160.00 665.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 175.11 665.75 Td (. ) Tj ET Q q 0 0 0 rg BT 180.07 665.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.40 665.75 Td (V) Tj ET Q q 0 0 0 rg BT 189.70 665.75 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.04 665.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 253.83 665.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 290.73 665.75 Td (video, ) Tj ET Q q 0 0 0 rg BT 317.91 665.75 Td (broadband ) Tj ET Q q 0 0 0 rg BT 362.58 665.75 Td (internet, ) Tj ET Q q 0 0 0 rg BT 398.09 665.75 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 439.42 665.75 Td (telephony) Tj ET Q q 0 0 0 rg BT 478.21 665.75 Td (, ) Tj ET Q q 0 0 0 rg BT 483.17 665.75 Td (and ) Tj ET Q q 0 0 0 rg BT 500.07 665.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 530.31 665.75 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.85 653.75 Td (residential ) Tj ET Q q 0 0 0 rg BT 104.07 653.75 Td (and ) Tj ET Q q 0 0 0 rg BT 121.08 653.75 Td (business ) Tj ET Q q 0 0 0 rg BT 157.55 653.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 200.67 653.75 Td (in ) Tj ET Q q 0 0 0 rg BT 211.02 653.75 Td (the ) Tj ET Q q 0 0 0 rg BT 225.81 653.75 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 279.01 653.75 Td (The ) Tj ET Q q 0 0 0 rg BT 297.13 653.75 Td (primary ) Tj ET Q q 0 0 0 rg BT 331.35 653.75 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 381.14 653.75 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.05 653.75 Td (V) Tj ET Q q 0 0 0 rg BT 398.35 653.75 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.69 653.75 Td ( ) Tj ET Q q 0 0 0 rg BT 459.26 653.75 Td (include ) Tj ET Q q 0 0 0 rg BT 491.27 653.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 503.28 653.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 529.74 653.75 Td (Holding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 64.60 641.75 Td (. ) Tj ET Q q 0 0 0 rg BT 68.99 641.75 Td (and ) Tj ET Q q 0 0 0 rg BT 85.32 641.75 Td (its ) Tj ET Q q 0 0 0 rg BT 96.66 641.75 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 148.27 641.75 Td (including ) Tj ET Q q 0 0 0 rg BT 187.94 641.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 213.71 641.75 Td (Services ) Tj ET Q q 0 0 0 rg BT 249.48 641.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 264.58 641.75 Td (. ) Tj ET Q q 0 0 0 rg BT 268.97 641.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.30 641.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 298.64 641.75 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.63 641.75 Td (\), ) Tj ET Q q 0 0 0 rg BT 341.35 641.75 Td (and ) Tj ET Q q 0 0 0 rg BT 357.68 641.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 371.65 641.75 Td (V) Tj ET Q q 0 0 0 rg BT 377.58 641.75 Td (odafone ) Tj ET Q q 0 0 0 rg BT 411.68 641.75 Td (Libertel ) Tj ET Q q 0 0 0 rg BT 445.22 641.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 460.33 641.75 Td (. ) Tj ET Q q 0 0 0 rg BT 464.72 641.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.05 641.75 Td (V) Tj ET Q q 0 0 0 rg BT 474.35 641.75 Td (odafone ) Tj ET Q q 0 0 0 rg BT 510.13 641.75 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.03 641.75 Td (\). ) Tj ET Q q 0 0 0 rg BT 531.75 641.75 Td (In ) Tj ET Q q 0 0 0 rg BT 541.97 641.75 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.75 Td (notes, ) Tj ET Q q 0 0 0 rg BT 76.21 629.75 Td (the ) Tj ET Q q 0 0 0 rg BT 91.52 629.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 116.83 629.75 Td (we, ) Tj ET Q q 0 0 0 rg BT 142.97 629.75 Td (our) Tj ET Q q 0 0 0 rg BT 160.34 629.75 Td (, ) Tj ET Q q 0 0 0 rg BT 170.37 629.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.24 629.75 Td (company, ) Tj ET Q q 0 0 0 rg BT 237.93 629.75 Td (and ) Tj ET Q q 0 0 0 rg BT 255.46 629.75 Td (us ) Tj ET Q q 0 0 0 rg BT 276.33 629.75 Td (may ) Tj ET Q q 0 0 0 rg BT 296.64 629.75 Td (refer) Tj ET Q q 0 0 0 rg BT 315.11 629.75 Td (, ) Tj ET Q q 0 0 0 rg BT 320.71 629.75 Td (as ) Tj ET Q q 0 0 0 rg BT 332.13 629.75 Td (the ) Tj ET Q q 0 0 0 rg BT 347.45 629.75 Td (context ) Tj ET Q q 0 0 0 rg BT 379.98 629.75 Td (requires, ) Tj ET Q q 0 0 0 rg BT 417.78 629.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.44 629.75 Td (V) Tj ET Q q 0 0 0 rg BT 434.37 629.75 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.46 629.75 Td ( ) Tj ET Q q 0 0 0 rg BT 493.56 629.75 Td (or ) Tj ET Q q 0 0 0 rg BT 504.99 629.75 Td (collectively ) Tj ET Q q 0 0 0 rg BT 554.73 629.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.75 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 617.75 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.53 617.75 Td ( ) Tj ET Q q 0 0 0 rg BT 114.03 617.75 Td (and ) Tj ET Q q 0 0 0 rg BT 130.96 617.75 Td (its ) Tj ET Q q 0 0 0 rg BT 142.91 617.75 Td (subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 593.75 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 593.75 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.53 593.75 Td ( ) Tj ET Q q 0 0 0 rg BT 132.90 593.75 Td (is ) Tj ET Q q 0 0 0 rg BT 142.95 593.75 Td (a ) Tj ET Q q 0 0 0 rg BT 150.77 593.75 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 211.92 593.75 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 256.40 593.75 Td (of ) Tj ET Q q 0 0 0 rg BT 267.87 593.75 Td (V) Tj ET Q q 0 0 0 rg BT 273.80 593.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 333.27 593.75 Td (Group ) Tj ET Q q 0 0 0 rg BT 362.20 593.75 Td (Holding ) Tj ET Q q 0 0 0 rg BT 398.36 593.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 413.46 593.75 Td (. ) Tj ET Q q 0 0 0 rg BT 419.34 593.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.67 593.75 Td (V) Tj ET Q q 0 0 0 rg BT 428.97 593.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 490.69 593.75 Td (Gr) Tj ET Q q 0 0 0 rg BT 502.72 593.75 Td (oup ) Tj ET Q q 0 0 0 rg BT 522.22 593.75 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.68 593.75 Td (\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.75 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 581.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 114.26 581.75 Td (Group ) Tj ET Q q 0 0 0 rg BT 142.55 581.75 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.33 581.75 Td ( ) Tj ET Q q 0 0 0 rg BT 178.07 581.75 Td (is ) Tj ET Q q 0 0 0 rg BT 187.48 581.75 Td (a ) Tj ET Q q 0 0 0 rg BT 194.66 581.75 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 220.17 581.75 Td (joint ) Tj ET Q q 0 0 0 rg BT 241.25 581.75 Td (venture ) Tj ET Q q 0 0 0 rg BT 273.97 581.75 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 292.25 581.75 Td (V) Tj ET Q q 0 0 0 rg BT 298.56 581.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 359.64 581.75 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.86 581.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 377.93 581.75 Td (between ) Tj ET Q q 0 0 0 rg BT 413.78 581.75 Td (V) Tj ET Q q 0 0 0 rg BT 419.71 581.75 Td (odafone ) Tj ET Q q 0 0 0 rg BT 454.66 581.75 Td (Group ) Tj ET Q q 0 0 0 rg BT 482.95 581.75 Td (Plc ) Tj ET Q q 0 0 0 rg BT 498.47 581.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.80 581.75 Td (V) Tj ET Q q 0 0 0 rg BT 508.10 581.75 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.99 581.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 548.06 581.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.75 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 81.43 569.75 Td (Global ) Tj ET Q q 0 0 0 rg BT 111.15 569.75 Td (plc) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.37 569.75 Td ( ) Tj ET Q q 0 0 0 rg BT 125.87 569.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.20 569.75 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 163.91 569.75 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.81 569.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 198.64 569.75 Td (\(each ) Tj ET Q q 0 0 0 rg BT 222.79 569.75 Td (a ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.72 569.75 Td (Shar) Tj ET Q q 0 0 0 rg BT 250.11 569.75 Td (eholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.32 569.75 Td (\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 545.75 Td (As ) Tj ET Q q 0 0 0 rg BT 81.22 545.75 Td (a ) Tj ET Q q 0 0 0 rg BT 88.26 545.75 Td (result ) Tj ET Q q 0 0 0 rg BT 113.08 545.75 Td (of ) Tj ET Q q 0 0 0 rg BT 124.01 545.75 Td (closing ) Tj ET Q q 0 0 0 rg BT 155.50 545.75 Td (of ) Tj ET Q q 0 0 0 rg BT 166.43 545.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.25 545.75 Td (JV) Tj ET Q q 0 0 0 rg BT 192.18 545.75 Td ( ) Tj ET Q q 0 0 0 rg BT 194.60 545.75 Td (T) Tj ET Q q 0 0 0 rg BT 200.35 545.75 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.45 545.75 Td ( ) Tj ET Q q 0 0 0 rg BT 244.05 545.75 Td (and ) Tj ET Q q 0 0 0 rg BT 261.09 545.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.91 545.75 Td (formation ) Tj ET Q q 0 0 0 rg BT 317.95 545.75 Td (of ) Tj ET Q q 0 0 0 rg BT 328.88 545.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.51 545.75 Td (V) Tj ET Q q 0 0 0 rg BT 349.44 545.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 408.14 545.75 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.96 545.75 Td (, ) Tj ET Q q 0 0 0 rg BT 423.07 545.75 Td (we ) Tj ET Q q 0 0 0 rg BT 437.33 545.75 Td (have ) Tj ET Q q 0 0 0 rg BT 458.81 545.75 Td (a ) Tj ET Q q 0 0 0 rg BT 465.85 545.75 Td (new ) Tj ET Q q 0 0 0 rg BT 485.11 545.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 507.71 545.75 Td (of ) Tj ET Q q 0 0 0 rg BT 518.65 545.75 Td (accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.75 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 533.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 86.22 533.75 Td (December ) Tj ET Q q 0 0 0 rg BT 129.24 533.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 143.67 533.75 Td (2016. ) Tj ET Q q 0 0 0 rg BT 168.10 533.75 Td (In ) Tj ET Q q 0 0 0 rg BT 178.36 533.75 Td (our ) Tj ET Q q 0 0 0 rg BT 193.62 533.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 246.09 533.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 283.01 533.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 327.15 533.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 338.52 533.75 Td (the ) Tj ET Q q 0 0 0 rg BT 352.67 533.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 405.14 533.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 437.60 533.75 Td (sheets ) Tj ET Q q 0 0 0 rg BT 463.97 533.75 Td (as ) Tj ET Q q 0 0 0 rg BT 474.23 533.75 Td (of ) Tj ET Q q 0 0 0 rg BT 484.50 533.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 542.51 533.75 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.75 Td (and ) Tj ET Q q 0 0 0 rg BT 66.47 521.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 91.50 521.75 Td (and ) Tj ET Q q 0 0 0 rg BT 108.47 521.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 161.54 521.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 206.28 521.75 Td (of ) Tj ET Q q 0 0 0 rg BT 217.15 521.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 263.83 521.75 Td (owner) Tj ET Q q 0 0 0 rg BT 289.19 521.75 Td () Tj ET Q q 0 0 0 rg BT 291.97 521.75 Td (s ) Tj ET Q q 0 0 0 rg BT 298.39 521.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 325.92 521.75 Td (and ) Tj ET Q q 0 0 0 rg BT 342.89 521.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 363.19 521.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 387.94 521.75 Td (for ) Tj ET Q q 0 0 0 rg BT 402.13 521.75 Td (the ) Tj ET Q q 0 0 0 rg BT 416.88 521.75 Td (years ) Tj ET Q q 0 0 0 rg BT 440.51 521.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 466.92 521.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 525.53 521.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 548.06 521.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 74.30 509.75 Td (are ) Tj ET Q q 0 0 0 rg BT 88.82 509.75 Td (labeled ) Tj ET Q q 0 0 0 rg BT 119.99 509.75 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 124.43 509.75 Td (Successor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.09 509.75 Td ( ) Tj ET Q q 0 0 0 rg BT 172.83 509.75 Td (and ) Tj ET Q q 0 0 0 rg BT 189.58 509.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 217.42 509.75 Td (the ) Tj ET Q q 0 0 0 rg BT 231.94 509.75 Td (push ) Tj ET Q q 0 0 0 rg BT 253.13 509.75 Td (down ) Tj ET Q q 0 0 0 rg BT 277.66 509.75 Td (of ) Tj ET Q q 0 0 0 rg BT 288.29 509.75 Td (the ) Tj ET Q q 0 0 0 rg BT 302.65 509.75 Td (V) Tj ET Q q 0 0 0 rg BT 308.58 509.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 366.98 509.75 Td (JV) Tj ET Q q 0 0 0 rg BT 380.87 509.75 Td (s ) Tj ET Q q 0 0 0 rg BT 387.07 509.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 409.37 509.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.01 509.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 466.18 509.75 Td (and ) Tj ET Q q 0 0 0 rg BT 482.93 509.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 497.45 509.75 Td (the ) Tj ET Q q 0 0 0 rg BT 511.97 509.75 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 94.66 497.75 Td (of ) Tj ET Q q 0 0 0 rg BT 105.93 497.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 153.03 497.75 Td (owner) Tj ET Q q 0 0 0 rg BT 178.40 497.75 Td () Tj ET Q q 0 0 0 rg BT 181.17 497.75 Td (s ) Tj ET Q q 0 0 0 rg BT 188.01 497.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 215.95 497.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.34 497.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 254.05 497.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 279.22 497.75 Td (for ) Tj ET Q q 0 0 0 rg BT 293.82 497.75 Td (the ) Tj ET Q q 0 0 0 rg BT 308.99 497.75 Td (year ) Tj ET Q q 0 0 0 rg BT 329.14 497.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 355.96 497.75 Td (December ) Tj ET Q q 0 0 0 rg BT 399.99 497.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 415.44 497.75 Td (2016 ) Tj ET Q q 0 0 0 rg BT 438.38 497.75 Td (are ) Tj ET Q q 0 0 0 rg BT 453.54 497.75 Td (labeled ) Tj ET Q q 0 0 0 rg BT 485.35 497.75 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.79 497.75 Td (Pr) Tj ET Q q 0 0 0 rg BT 500.16 497.75 Td (edecessor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.70 497.75 Td ( ) Tj ET Q q 0 0 0 rg BT 548.08 497.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 76.95 485.75 Td (the ) Tj ET Q q 0 0 0 rg BT 91.09 485.75 Td (historical ) Tj ET Q q 0 0 0 rg BT 130.22 485.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 176.01 485.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 197.93 485.75 Td (in ) Tj ET Q q 0 0 0 rg BT 207.63 485.75 Td (the ) Tj ET Q q 0 0 0 rg BT 221.76 485.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 247.01 485.75 Td (and ) Tj ET Q q 0 0 0 rg BT 263.37 485.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 302.50 485.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.75 485.75 Td (Old ) Tj ET Q q 0 0 0 rg BT 329.67 485.75 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.56 485.75 Td (. ) Tj ET Q q 0 0 0 rg BT 357.98 485.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 375.45 485.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 427.91 485.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 464.81 485.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 508.94 485.75 Td (and ) Tj ET Q q 0 0 0 rg BT 525.30 485.75 Td (footnotes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.75 Td (include ) Tj ET Q q 0 0 0 rg BT 81.07 473.75 Td (a ) Tj ET Q q 0 0 0 rg BT 87.65 473.75 Td (black ) Tj ET Q q 0 0 0 rg BT 111.45 473.75 Td (line ) Tj ET Q q 0 0 0 rg BT 128.59 473.75 Td (division, ) Tj ET Q q 0 0 0 rg BT 165.45 473.75 Td (which ) Tj ET Q q 0 0 0 rg BT 192.03 473.75 Td (appears ) Tj ET Q q 0 0 0 rg BT 224.71 473.75 Td (between ) Tj ET Q q 0 0 0 rg BT 260.17 473.75 Td (the ) Tj ET Q q 0 0 0 rg BT 274.53 473.75 Td (columns ) Tj ET Q q 0 0 0 rg BT 310.55 473.75 Td (titled ) Tj ET Q q 0 0 0 rg BT 333.25 473.75 Td (Successor ) Tj ET Q q 0 0 0 rg BT 375.38 473.75 Td (and ) Tj ET Q q 0 0 0 rg BT 391.96 473.75 Td (Predecessor) Tj ET Q q 0 0 0 rg BT 439.32 473.75 Td (, ) Tj ET Q q 0 0 0 rg BT 443.96 473.75 Td (that ) Tj ET Q q 0 0 0 rg BT 461.09 473.75 Td (signifies ) Tj ET Q q 0 0 0 rg BT 497.12 473.75 Td (that ) Tj ET Q q 0 0 0 rg BT 514.26 473.75 Td (the ) Tj ET Q q 0 0 0 rg BT 528.62 473.75 Td (amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.75 Td (shown ) Tj ET Q q 0 0 0 rg BT 78.11 461.75 Td (for ) Tj ET Q q 0 0 0 rg BT 92.27 461.75 Td (the ) Tj ET Q q 0 0 0 rg BT 106.99 461.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 138.93 461.75 Td (following ) Tj ET Q q 0 0 0 rg BT 180.32 461.75 Td (and ) Tj ET Q q 0 0 0 rg BT 197.25 461.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 219.19 461.75 Td (to ) Tj ET Q q 0 0 0 rg BT 229.47 461.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.19 461.75 Td (JV) Tj ET Q q 0 0 0 rg BT 255.12 461.75 Td ( ) Tj ET Q q 0 0 0 rg BT 257.44 461.75 Td (T) Tj ET Q q 0 0 0 rg BT 263.20 461.75 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.29 461.75 Td ( ) Tj ET Q q 0 0 0 rg BT 306.79 461.75 Td (are ) Tj ET Q q 0 0 0 rg BT 321.50 461.75 Td (not ) Tj ET Q q 0 0 0 rg BT 336.78 461.75 Td (comparable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 437.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.71 437.75 Td (functional ) Tj ET Q q 0 0 0 rg BT 128.91 437.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 166.54 437.75 Td (is ) Tj ET Q q 0 0 0 rg BT 175.87 437.75 Td (the ) Tj ET Q q 0 0 0 rg BT 190.74 437.75 Td (euro ) Tj ET Q q 0 0 0 rg BT 211.17 437.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.50 437.75 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.50 437.75 Td (\). ) Tj ET Q q 0 0 0 rg BT 227.99 437.75 Td (Unless ) Tj ET Q q 0 0 0 rg BT 257.87 437.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 299.40 437.75 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 341.21 437.75 Td (convenience ) Tj ET Q q 0 0 0 rg BT 393.84 437.75 Td (translations ) Tj ET Q q 0 0 0 rg BT 442.60 437.75 Td (into ) Tj ET Q q 0 0 0 rg BT 460.81 437.75 Td (euros ) Tj ET Q q 0 0 0 rg BT 485.13 437.75 Td (are ) Tj ET Q q 0 0 0 rg BT 500.00 437.75 Td (calculated ) Tj ET Q q 0 0 0 rg BT 543.18 437.75 Td (as ) Tj ET Q q 0 0 0 rg BT 554.17 437.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 108.08 425.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 425.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 401.75 Td (These ) Tj ET Q q 0 0 0 rg BT 93.45 401.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 146.07 401.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 183.13 401.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 227.41 401.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 255.02 401.75 Td (our ) Tj ET Q q 0 0 0 rg BT 270.42 401.75 Td (consideration ) Tj ET Q q 0 0 0 rg BT 326.37 401.75 Td (of ) Tj ET Q q 0 0 0 rg BT 336.78 401.75 Td (the ) Tj ET Q q 0 0 0 rg BT 351.07 401.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 397.02 401.75 Td (and ) Tj ET Q q 0 0 0 rg BT 413.53 401.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 456.15 401.75 Td (implications ) Tj ET Q q 0 0 0 rg BT 507.67 401.75 Td (of ) Tj ET Q q 0 0 0 rg BT 518.07 401.75 Td (subsequent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.75 Td (events ) Tj ET Q q 0 0 0 rg BT 77.55 389.75 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.16 389.75 Td (March ) Tj ET Q q 0 0 0 rg BT 139.75 389.75 Td (14, ) Tj ET Q q 0 0 0 rg BT 154.75 389.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.75 389.75 Td (, ) Tj ET Q q 0 0 0 rg BT 179.75 389.75 Td (the ) Tj ET Q q 0 0 0 rg BT 194.47 389.75 Td (date ) Tj ET Q q 0 0 0 rg BT 213.63 389.75 Td (of ) Tj ET Q q 0 0 0 rg BT 224.46 389.75 Td (issuance.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 365.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 365.75 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 365.75 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 364.18505859375 m 339.9375 364.18505859375 l s q 0 0 0 rg BT 76.50 365.75 Td (Accounting Changes and Recent ) Tj ET Q q 0 0 0 rg BT 217.07 365.75 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 278.82 365.75 Td (onouncements) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 343.75 Td (Accounting Changes) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 319.75 Td (ASU 2014-09 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 295.75 Td (In ) Tj ET Q q 0 0 0 rg BT 78.39 295.75 Td (May ) Tj ET Q q 0 0 0 rg BT 99.27 295.75 Td (2014, ) Tj ET Q q 0 0 0 rg BT 124.33 295.75 Td (the ) Tj ET Q q 0 0 0 rg BT 139.10 295.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 178.31 295.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 227.52 295.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 269.51 295.75 Td (Board ) Tj ET Q q 0 0 0 rg BT 296.51 295.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.84 295.75 Td (F) Tj ET Q q 0 0 0 rg BT 305.20 295.75 Td (ASB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.66 295.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 330.54 295.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 357.53 295.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 406.75 295.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 448.74 295.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 480.17 295.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.50 295.75 Td (ASU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.51 295.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 509.39 295.75 Td (No. ) Tj ET Q q 0 0 0 rg BT 526.67 295.75 Td (2014-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 283.75 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 86.07 283.75 Td (fr) Tj ET Q q 0 0 0 rg BT 92.37 283.75 Td (om ) Tj ET Q q 0 0 0 rg BT 107.30 283.75 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 149.46 283.75 Td (with ) Tj ET Q q 0 0 0 rg BT 169.39 283.75 Td (Customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.89 283.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.22 283.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 240.93 283.75 Td (2014-09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.26 283.75 Td (\), ) Tj ET Q q 0 0 0 rg BT 282.80 283.75 Td (which ) Tj ET Q q 0 0 0 rg BT 309.95 283.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 344.86 283.75 Td (an ) Tj ET Q q 0 0 0 rg BT 357.01 283.75 Td (entity ) Tj ET Q q 0 0 0 rg BT 382.49 283.75 Td (to ) Tj ET Q q 0 0 0 rg BT 392.98 283.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 434.55 283.75 Td (the ) Tj ET Q q 0 0 0 rg BT 449.48 283.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 482.18 283.75 Td (of ) Tj ET Q q 0 0 0 rg BT 493.22 283.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 527.57 283.75 Td (to ) Tj ET Q q 0 0 0 rg BT 538.06 283.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.75 Td (it ) Tj ET Q q 0 0 0 rg BT 57.40 271.75 Td (expects ) Tj ET Q q 0 0 0 rg BT 89.72 271.75 Td (to ) Tj ET Q q 0 0 0 rg BT 99.84 271.75 Td (be ) Tj ET Q q 0 0 0 rg BT 111.62 271.75 Td (entitled ) Tj ET Q q 0 0 0 rg BT 143.95 271.75 Td (for ) Tj ET Q q 0 0 0 rg BT 157.95 271.75 Td (the ) Tj ET Q q 0 0 0 rg BT 172.51 271.75 Td (transfer ) Tj ET Q q 0 0 0 rg BT 205.39 271.75 Td (of ) Tj ET Q q 0 0 0 rg BT 216.06 271.75 Td (goods ) Tj ET Q q 0 0 0 rg BT 242.29 271.75 Td (or ) Tj ET Q q 0 0 0 rg BT 252.96 271.75 Td (services ) Tj ET Q q 0 0 0 rg BT 287.51 271.75 Td (to ) Tj ET Q q 0 0 0 rg BT 297.62 271.75 Td (customers. ) Tj ET Q q 0 0 0 rg BT 342.84 271.75 Td (W) Tj ET Q q 0 0 0 rg BT 351.48 271.75 Td (e ) Tj ET Q q 0 0 0 rg BT 358.26 271.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 391.74 271.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 414.08 271.75 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 449.75 271.75 Td (ef) Tj ET Q q 0 0 0 rg BT 457.34 271.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 486.88 271.75 Td (January ) Tj ET Q q 0 0 0 rg BT 520.32 271.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 530.16 271.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 552.50 271.75 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.75 Td (recording ) Tj ET Q q 0 0 0 rg BT 91.01 259.75 Td (the ) Tj ET Q q 0 0 0 rg BT 106.42 259.75 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 154.04 259.75 Td (ef) Tj ET Q q 0 0 0 rg BT 161.63 259.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 179.80 259.75 Td (of ) Tj ET Q q 0 0 0 rg BT 191.33 259.75 Td (the ) Tj ET Q q 0 0 0 rg BT 206.74 259.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 244.92 259.75 Td (to ) Tj ET Q q 0 0 0 rg BT 255.89 259.75 Td (our ) Tj ET Q q 0 0 0 rg BT 272.42 259.75 Td (owner) Tj ET Q q 0 0 0 rg BT 297.78 259.75 Td () Tj ET Q q 0 0 0 rg BT 300.56 259.75 Td (s ) Tj ET Q q 0 0 0 rg BT 307.64 259.75 Td (equity) Tj ET Q q 0 0 0 rg BT 331.99 259.75 Td (. ) Tj ET Q q 0 0 0 rg BT 337.45 259.75 Td (W) Tj ET Q q 0 0 0 rg BT 346.08 259.75 Td (e ) Tj ET Q q 0 0 0 rg BT 353.72 259.75 Td (applied ) Tj ET Q q 0 0 0 rg BT 386.34 259.75 Td (the ) Tj ET Q q 0 0 0 rg BT 401.75 259.75 Td (new ) Tj ET Q q 0 0 0 rg BT 421.60 259.75 Td (standard ) Tj ET Q q 0 0 0 rg BT 458.67 259.75 Td (to ) Tj ET Q q 0 0 0 rg BT 469.64 259.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 508.93 259.75 Td (that ) Tj ET Q q 0 0 0 rg BT 527.12 259.75 Td (were ) Tj ET Q q 0 0 0 rg BT 549.74 259.75 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.75 Td (complete ) Tj ET Q q 0 0 0 rg BT 89.19 247.75 Td (at ) Tj ET Q q 0 0 0 rg BT 99.45 247.75 Td (January ) Tj ET Q q 0 0 0 rg BT 133.60 247.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 144.14 247.75 Td (2018. ) Tj ET Q q 0 0 0 rg BT 169.46 247.75 Td (The ) Tj ET Q q 0 0 0 rg BT 188.05 247.75 Td (comparative ) Tj ET Q q 0 0 0 rg BT 240.52 247.75 Td (information ) Tj ET Q q 0 0 0 rg BT 290.77 247.75 Td (for ) Tj ET Q q 0 0 0 rg BT 305.47 247.75 Td (the ) Tj ET Q q 0 0 0 rg BT 320.73 247.75 Td (years ) Tj ET Q q 0 0 0 rg BT 344.88 247.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 371.80 247.75 Td (December ) Tj ET Q q 0 0 0 rg BT 415.92 247.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 431.47 247.75 Td (2017 ) Tj ET Q q 0 0 0 rg BT 454.51 247.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.99 247.75 Td (2016 ) Tj ET Q q 0 0 0 rg BT 495.04 247.75 Td (contained ) Tj ET Q q 0 0 0 rg BT 536.95 247.75 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.75 Td (these ) Tj ET Q q 0 0 0 rg BT 71.89 235.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 124.28 235.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 161.10 235.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 205.15 235.75 Td (and ) Tj ET Q q 0 0 0 rg BT 221.44 235.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 244.39 235.75 Td (has ) Tj ET Q q 0 0 0 rg BT 259.56 235.75 Td (not ) Tj ET Q q 0 0 0 rg BT 274.18 235.75 Td (been ) Tj ET Q q 0 0 0 rg BT 294.90 235.75 Td (restated ) Tj ET Q q 0 0 0 rg BT 327.84 235.75 Td (and ) Tj ET Q q 0 0 0 rg BT 344.12 235.75 Td (continues ) Tj ET Q q 0 0 0 rg BT 384.29 235.75 Td (to ) Tj ET Q q 0 0 0 rg BT 393.91 235.75 Td (be ) Tj ET Q q 0 0 0 rg BT 405.19 235.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 440.35 235.75 Td (under ) Tj ET Q q 0 0 0 rg BT 464.96 235.75 Td (the ) Tj ET Q q 0 0 0 rg BT 479.02 235.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 524.74 235.75 Td (standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.75 Td (in ) Tj ET Q q 0 0 0 rg BT 59.78 223.75 Td (ef) Tj ET Q q 0 0 0 rg BT 67.37 223.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 84.85 223.75 Td (for ) Tj ET Q q 0 0 0 rg BT 99.01 223.75 Td (such ) Tj ET Q q 0 0 0 rg BT 119.84 223.75 Td (periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 199.75 Td (The ) Tj ET Q q 0 0 0 rg BT 85.06 199.75 Td (most ) Tj ET Q q 0 0 0 rg BT 106.51 199.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 150.73 199.75 Td (impacts ) Tj ET Q q 0 0 0 rg BT 183.84 199.75 Td (of ) Tj ET Q q 0 0 0 rg BT 193.74 199.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 215.75 199.75 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 251.09 199.75 Td (on ) Tj ET Q q 0 0 0 rg BT 263.10 199.75 Td (our ) Tj ET Q q 0 0 0 rg BT 278.44 199.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 312.09 199.75 Td (recognition ) Tj ET Q q 0 0 0 rg BT 359.64 199.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 392.75 199.75 Td (relate ) Tj ET Q q 0 0 0 rg BT 416.96 199.75 Td (to ) Tj ET Q q 0 0 0 rg BT 426.75 199.75 Td (our ) Tj ET Q q 0 0 0 rg BT 442.09 199.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 487.97 199.75 Td (for ) Tj ET Q q 0 0 0 rg BT 501.64 199.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 513.08 199.75 Td (time-limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.75 Td (discounts ) Tj ET Q q 0 0 0 rg BT 89.04 187.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.23 187.75 Td (free ) Tj ET Q q 0 0 0 rg BT 122.52 187.75 Td (service ) Tj ET Q q 0 0 0 rg BT 152.60 187.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 183.79 187.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 221.10 187.75 Td (to ) Tj ET Q q 0 0 0 rg BT 230.63 187.75 Td (our ) Tj ET Q q 0 0 0 rg BT 245.72 187.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 290.52 187.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 304.50 187.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 333.45 187.75 Td (upfront ) Tj ET Q q 0 0 0 rg BT 364.65 187.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 382.50 187.75 Td (char) Tj ET Q q 0 0 0 rg BT 399.53 187.75 Td (ged ) Tj ET Q q 0 0 0 rg BT 415.73 187.75 Td (to ) Tj ET Q q 0 0 0 rg BT 425.26 187.75 Td (our ) Tj ET Q q 0 0 0 rg BT 440.35 187.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 485.15 187.75 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 501.90 187.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 535.31 187.75 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 175.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 90.05 175.75 Td (handset ) Tj ET Q q 0 0 0 rg BT 123.10 175.75 Td (plans, ) Tj ET Q q 0 0 0 rg BT 149.21 175.75 Td (and ) Tj ET Q q 0 0 0 rg BT 166.15 175.75 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 183.08 175.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 205.58 175.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 241.40 175.75 Td (to ) Tj ET Q q 0 0 0 rg BT 251.68 175.75 Td (obtain ) Tj ET Q q 0 0 0 rg BT 279.17 175.75 Td (and ) Tj ET Q q 0 0 0 rg BT 296.11 175.75 Td (fulfill ) Tj ET Q q 0 0 0 rg BT 321.38 175.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 362.48 175.75 Td (as ) Tj ET Q q 0 0 0 rg BT 373.31 175.75 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 151.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 151.75 Td (When ) Tj ET Q q 0 0 0 rg BT 111.21 151.75 Td (we ) Tj ET Q q 0 0 0 rg BT 124.70 151.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 146.52 151.75 Td (into ) Tj ET Q q 0 0 0 rg BT 163.91 151.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 201.84 151.75 Td (to ) Tj ET Q q 0 0 0 rg BT 211.45 151.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 243.83 151.75 Td (services ) Tj ET Q q 0 0 0 rg BT 277.87 151.75 Td (to ) Tj ET Q q 0 0 0 rg BT 287.48 151.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.65 151.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 347.53 151.75 Td (we ) Tj ET Q q 0 0 0 rg BT 361.02 151.75 Td (often ) Tj ET Q q 0 0 0 rg BT 383.40 151.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 415.78 151.75 Td (time-limited ) Tj ET Q q 0 0 0 rg BT 467.05 151.75 Td (discounts ) Tj ET Q q 0 0 0 rg BT 506.66 151.75 Td (or ) Tj ET Q q 0 0 0 rg BT 516.83 151.75 Td (free ) Tj ET Q q 0 0 0 rg BT 534.20 151.75 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 139.75 Td (periods.Under ) Tj ET Q q 0 0 0 rg BT 147.76 139.75 Td (previous ) Tj ET Q q 0 0 0 rg BT 185.04 139.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 231.75 139.75 Td (standards, ) Tj ET Q q 0 0 0 rg BT 274.85 139.75 Td (we ) Tj ET Q q 0 0 0 rg BT 289.35 139.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 336.05 139.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 370.53 139.75 Td (net ) Tj ET Q q 0 0 0 rg BT 385.58 139.75 Td (of ) Tj ET Q q 0 0 0 rg BT 396.75 139.75 Td (discounts ) Tj ET Q q 0 0 0 rg BT 437.36 139.75 Td (during ) Tj ET Q q 0 0 0 rg BT 466.30 139.75 Td (the ) Tj ET Q q 0 0 0 rg BT 481.36 139.75 Td (promotional ) Tj ET Q q 0 0 0 rg BT 533.08 139.75 Td (periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 127.75 Td (and ) Tj ET Q q 0 0 0 rg BT 102.51 127.75 Td (did ) Tj ET Q q 0 0 0 rg BT 117.85 127.75 Td (not ) Tj ET Q q 0 0 0 rg BT 133.20 127.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 174.63 127.75 Td (any ) Tj ET Q q 0 0 0 rg BT 191.64 127.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 225.85 127.75 Td (during ) Tj ET Q q 0 0 0 rg BT 254.53 127.75 Td (free ) Tj ET Q q 0 0 0 rg BT 272.63 127.75 Td (service ) Tj ET Q q 0 0 0 rg BT 303.52 127.75 Td (periods. ) Tj ET Q q 0 0 0 rg BT 338.02 127.75 Td (Under ) Tj ET Q q 0 0 0 rg BT 365.02 127.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 387.59 127.75 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 425.99 127.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 460.20 127.75 Td (recognition ) Tj ET Q q 0 0 0 rg BT 508.31 127.75 Td (is ) Tj ET Q q 0 0 0 rg BT 517.55 127.75 Td (accelerated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 115.75 Td (for ) Tj ET Q q 0 0 0 rg BT 99.45 115.75 Td (these ) Tj ET Q q 0 0 0 rg BT 122.29 115.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 163.18 115.75 Td (as ) Tj ET Q q 0 0 0 rg BT 173.81 115.75 Td (the ) Tj ET Q q 0 0 0 rg BT 188.32 115.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 217.82 115.75 Td (of ) Tj ET Q q 0 0 0 rg BT 228.45 115.75 Td (the ) Tj ET Q q 0 0 0 rg BT 242.96 115.75 Td (discount ) Tj ET Q q 0 0 0 rg BT 279.14 115.75 Td (or ) Tj ET Q q 0 0 0 rg BT 289.76 115.75 Td (free ) Tj ET Q q 0 0 0 rg BT 307.59 115.75 Td (service ) Tj ET Q q 0 0 0 rg BT 338.20 115.75 Td (period ) Tj ET Q q 0 0 0 rg BT 366.04 115.75 Td (is ) Tj ET Q q 0 0 0 rg BT 375.01 115.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 421.16 115.75 Td (uniformly ) Tj ET Q q 0 0 0 rg BT 463.45 115.75 Td (over ) Tj ET Q q 0 0 0 rg BT 483.52 115.75 Td (the ) Tj ET Q q 0 0 0 rg BT 498.03 115.75 Td (total ) Tj ET Q q 0 0 0 rg BT 518.09 115.75 Td (contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 103.75 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 79.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 79.75 Td (When ) Tj ET Q q 0 0 0 rg BT 110.91 79.75 Td (we ) Tj ET Q q 0 0 0 rg BT 124.11 79.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 145.63 79.75 Td (into ) Tj ET Q q 0 0 0 rg BT 162.72 79.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 200.35 79.75 Td (to ) Tj ET Q q 0 0 0 rg BT 209.66 79.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 241.74 79.75 Td (services ) Tj ET Q q 0 0 0 rg BT 275.48 79.75 Td (to ) Tj ET Q q 0 0 0 rg BT 284.80 79.75 Td (our ) Tj ET Q q 0 0 0 rg BT 299.66 79.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 344.24 79.75 Td (we ) Tj ET Q q 0 0 0 rg BT 357.44 79.75 Td (often ) Tj ET Q q 0 0 0 rg BT 379.52 79.75 Td (char) Tj ET Q q 0 0 0 rg BT 396.54 79.75 Td (ge ) Tj ET Q q 0 0 0 rg BT 407.52 79.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 453.49 79.75 Td (or ) Tj ET Q q 0 0 0 rg BT 463.36 79.75 Td (other ) Tj ET Q q 0 0 0 rg BT 485.44 79.75 Td (upfront ) Tj ET Q q 0 0 0 rg BT 516.41 79.75 Td (fees.Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 67.75 Td (previous ) Tj ET Q q 0 0 0 rg BT 122.25 67.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 168.43 67.75 Td (standards, ) Tj ET Q q 0 0 0 rg BT 211.02 67.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 257.77 67.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 276.18 67.75 Td (related ) Tj ET Q q 0 0 0 rg BT 305.69 67.75 Td (to ) Tj ET Q q 0 0 0 rg BT 315.78 67.75 Td (services ) Tj ET Q q 0 0 0 rg BT 350.30 67.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 388.16 67.75 Td (over ) Tj ET Q q 0 0 0 rg BT 408.24 67.75 Td (our ) Tj ET Q q 0 0 0 rg BT 423.88 67.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 447.29 67.75 Td (networks ) Tj ET Q q 0 0 0 rg BT 486.26 67.75 Td (were ) Tj ET Q q 0 0 0 rg BT 508.00 67.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 554.17 67.75 Td (as ) Tj ET Q endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 699.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 118.94 699.60 Td (during ) Tj ET Q q 0 0 0 rg BT 146.85 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 160.86 699.60 Td (period ) Tj ET Q q 0 0 0 rg BT 188.21 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 197.78 699.60 Td (which ) Tj ET Q q 0 0 0 rg BT 224.02 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 238.03 699.60 Td (installation ) Tj ET Q q 0 0 0 rg BT 284.26 699.60 Td (occurred ) Tj ET Q q 0 0 0 rg BT 321.04 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 330.61 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 344.63 699.60 Td (extent ) Tj ET Q q 0 0 0 rg BT 370.86 699.60 Td (these ) Tj ET Q q 0 0 0 rg BT 393.20 699.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 411.10 699.60 Td (were ) Tj ET Q q 0 0 0 rg BT 432.32 699.60 Td (equal ) Tj ET Q q 0 0 0 rg BT 455.77 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 465.35 699.60 Td (or ) Tj ET Q q 0 0 0 rg BT 475.48 699.60 Td (less ) Tj ET Q q 0 0 0 rg BT 492.27 699.60 Td (than ) Tj ET Q q 0 0 0 rg BT 511.29 699.60 Td (direct ) Tj ET Q q 0 0 0 rg BT 535.85 699.60 Td (selling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 687.60 Td (costs.Under ) Tj ET Q q 0 0 0 rg BT 137.44 687.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 159.94 687.60 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 198.27 687.60 Td (these ) Tj ET Q q 0 0 0 rg BT 221.32 687.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 239.92 687.60 Td (are ) Tj ET Q q 0 0 0 rg BT 254.63 687.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 294.33 687.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 330.13 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 347.07 687.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 393.43 687.60 Td (as ) Tj ET Q q 0 0 0 rg BT 404.26 687.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 438.41 687.60 Td (over ) Tj ET Q q 0 0 0 rg BT 458.68 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 473.40 687.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 520.31 687.60 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 663.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 663.60 Td (Previously) Tj ET Q q 0 0 0 rg BT 127.63 663.60 Td (, ) Tj ET Q q 0 0 0 rg BT 132.51 663.60 Td (we ) Tj ET Q q 0 0 0 rg BT 146.56 663.60 Td (of) Tj ET Q q 0 0 0 rg BT 154.71 663.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 177.63 663.60 Td (handsets ) Tj ET Q q 0 0 0 rg BT 214.45 663.60 Td (under ) Tj ET Q q 0 0 0 rg BT 239.60 663.60 Td (a ) Tj ET Q q 0 0 0 rg BT 246.43 663.60 Td (subsidized ) Tj ET Q q 0 0 0 rg BT 291.03 663.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 325.61 663.60 Td (model, ) Tj ET Q q 0 0 0 rg BT 355.49 663.60 Td (whereby ) Tj ET Q q 0 0 0 rg BT 392.31 663.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 424.13 663.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 458.16 663.60 Td (recognition ) Tj ET Q q 0 0 0 rg BT 506.09 663.60 Td (was ) Tj ET Q q 0 0 0 rg BT 524.02 663.60 Td (limited ) Tj ET Q q 0 0 0 rg BT 554.74 663.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.01 651.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 131.74 651.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 151.81 651.60 Td (collected ) Tj ET Q q 0 0 0 rg BT 190.19 651.60 Td (from ) Tj ET Q q 0 0 0 rg BT 211.92 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 226.43 651.60 Td (customer) Tj ET Q q 0 0 0 rg BT 262.69 651.60 Td (, ) Tj ET Q q 0 0 0 rg BT 267.48 651.60 Td (as ) Tj ET Q q 0 0 0 rg BT 278.10 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 292.62 651.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 335.45 651.60 Td (monthly ) Tj ET Q q 0 0 0 rg BT 371.08 651.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 389.47 651.60 Td (to ) Tj ET Q q 0 0 0 rg BT 399.54 651.60 Td (be ) Tj ET Q q 0 0 0 rg BT 411.28 651.60 Td (received ) Tj ET Q q 0 0 0 rg BT 447.43 651.60 Td (from ) Tj ET Q q 0 0 0 rg BT 469.17 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 483.68 651.60 Td (customer) Tj ET Q q 0 0 0 rg BT 519.93 651.60 Td (, ) Tj ET Q q 0 0 0 rg BT 524.73 651.60 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 639.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 104.32 639.60 Td (that ) Tj ET Q q 0 0 0 rg BT 122.03 639.60 Td (may ) Tj ET Q q 0 0 0 rg BT 141.97 639.60 Td (be ) Tj ET Q q 0 0 0 rg BT 154.13 639.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 197.94 639.60 Td (with ) Tj ET Q q 0 0 0 rg BT 218.44 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 233.38 639.60 Td (handset, ) Tj ET Q q 0 0 0 rg BT 269.14 639.60 Td (were ) Tj ET Q q 0 0 0 rg BT 291.29 639.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 336.22 639.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 358.94 639.60 Td (delivering ) Tj ET Q q 0 0 0 rg BT 402.20 639.60 Td (future ) Tj ET Q q 0 0 0 rg BT 428.80 639.60 Td (airtime. ) Tj ET Q q 0 0 0 rg BT 462.14 639.60 Td (This ) Tj ET Q q 0 0 0 rg BT 482.64 639.60 Td (limitation ) Tj ET Q q 0 0 0 rg BT 524.25 639.60 Td (no ) Tj ET Q q 0 0 0 rg BT 536.97 639.60 Td (longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 627.60 Td (applies ) Tj ET Q q 0 0 0 rg BT 116.20 627.60 Td (under ) Tj ET Q q 0 0 0 rg BT 140.81 627.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 163.19 627.60 Td (2014-09. ) Tj ET Q q 0 0 0 rg BT 201.22 627.60 Td (The ) Tj ET Q q 0 0 0 rg BT 219.14 627.60 Td (primary ) Tj ET Q q 0 0 0 rg BT 253.17 627.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 282.75 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 293.45 627.60 Td (this ) Tj ET Q q 0 0 0 rg BT 310.27 627.60 Td (change ) Tj ET Q q 0 0 0 rg BT 340.96 627.60 Td (is ) Tj ET Q q 0 0 0 rg BT 350.00 627.60 Td (an ) Tj ET Q q 0 0 0 rg BT 361.81 627.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 396.94 627.60 Td (in ) Tj ET Q q 0 0 0 rg BT 407.09 627.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 441.11 627.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 479.57 627.60 Td (to ) Tj ET Q q 0 0 0 rg BT 489.72 627.60 Td (handsets, ) Tj ET Q q 0 0 0 rg BT 529.03 627.60 Td (which ) Tj ET Q q 0 0 0 rg BT 555.84 627.60 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 615.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 131.70 615.60 Td (as ) Tj ET Q q 0 0 0 rg BT 142.37 615.60 Td (non-service ) Tj ET Q q 0 0 0 rg BT 191.35 615.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 225.33 615.60 Td (when ) Tj ET Q q 0 0 0 rg BT 249.33 615.60 Td (control ) Tj ET Q q 0 0 0 rg BT 279.99 615.60 Td (of ) Tj ET Q q 0 0 0 rg BT 290.65 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 305.21 615.60 Td (device ) Tj ET Q q 0 0 0 rg BT 333.64 615.60 Td (passes ) Tj ET Q q 0 0 0 rg BT 361.53 615.60 Td (to ) Tj ET Q q 0 0 0 rg BT 371.64 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 386.19 615.60 Td (customer) Tj ET Q q 0 0 0 rg BT 422.45 615.60 Td (, ) Tj ET Q q 0 0 0 rg BT 427.28 615.60 Td (and ) Tj ET Q q 0 0 0 rg BT 444.06 615.60 Td (a ) Tj ET Q q 0 0 0 rg BT 450.83 615.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 487.58 615.60 Td (in ) Tj ET Q q 0 0 0 rg BT 497.70 615.60 Td (service ) Tj ET Q q 0 0 0 rg BT 528.35 615.60 Td (revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 591.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 591.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 109.09 591.60 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 146.01 591.60 Td (also ) Tj ET Q q 0 0 0 rg BT 165.70 591.60 Td (impacts ) Tj ET Q q 0 0 0 rg BT 200.39 591.60 Td (our ) Tj ET Q q 0 0 0 rg BT 217.30 591.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 264.76 591.60 Td (for ) Tj ET Q q 0 0 0 rg BT 280.01 591.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 310.79 591.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 343.82 591.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 367.40 591.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 401.53 591.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 446.21 591.60 Td (with ) Tj ET Q q 0 0 0 rg BT 467.57 591.60 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 508.93 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 526.96 591.60 Td (fulfilling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 579.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 125.72 579.60 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 167.88 579.60 Td (Previously) Tj ET Q q 0 0 0 rg BT 210.00 579.60 Td (, ) Tj ET Q q 0 0 0 rg BT 216.07 579.60 Td (these ) Tj ET Q q 0 0 0 rg BT 240.18 579.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 263.74 579.60 Td (were ) Tj ET Q q 0 0 0 rg BT 286.73 579.60 Td (expensed ) Tj ET Q q 0 0 0 rg BT 327.50 579.60 Td (as ) Tj ET Q q 0 0 0 rg BT 339.40 579.60 Td (incurred ) Tj ET Q q 0 0 0 rg BT 376.28 579.60 Td (unless ) Tj ET Q q 0 0 0 rg BT 404.84 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 420.62 579.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 444.18 579.60 Td (were ) Tj ET Q q 0 0 0 rg BT 467.18 579.60 Td (in ) Tj ET Q q 0 0 0 rg BT 478.52 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 494.30 579.60 Td (scope ) Tj ET Q q 0 0 0 rg BT 520.63 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 532.52 579.60 Td (another ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 567.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 131.47 567.60 Td (topic ) Tj ET Q q 0 0 0 rg BT 153.57 567.60 Td (that ) Tj ET Q q 0 0 0 rg BT 170.66 567.60 Td (allowed ) Tj ET Q q 0 0 0 rg BT 204.42 567.60 Td (for ) Tj ET Q q 0 0 0 rg BT 218.18 567.60 Td (capitalization. ) Tj ET Q q 0 0 0 rg BT 276.64 567.60 Td (Under ) Tj ET Q q 0 0 0 rg BT 303.26 567.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 325.37 567.60 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 363.30 567.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 392.60 567.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 424.14 567.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 446.24 567.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 489.43 567.60 Td (with ) Tj ET Q q 0 0 0 rg BT 509.31 567.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 547.50 567.60 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 555.60 Td (have ) Tj ET Q q 0 0 0 rg BT 107.27 555.60 Td (substantive ) Tj ET Q q 0 0 0 rg BT 155.16 555.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 204.15 555.60 Td (penalties ) Tj ET Q q 0 0 0 rg BT 242.58 555.60 Td (and ) Tj ET Q q 0 0 0 rg BT 259.92 555.60 Td (a ) Tj ET Q q 0 0 0 rg BT 267.25 555.60 Td (term ) Tj ET Q q 0 0 0 rg BT 288.47 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 299.69 555.60 Td (one ) Tj ET Q q 0 0 0 rg BT 317.02 555.60 Td (year ) Tj ET Q q 0 0 0 rg BT 337.12 555.60 Td (or ) Tj ET Q q 0 0 0 rg BT 348.34 555.60 Td (more ) Tj ET Q q 0 0 0 rg BT 371.78 555.60 Td (are ) Tj ET Q q 0 0 0 rg BT 386.88 555.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 433.64 555.60 Td (as ) Tj ET Q q 0 0 0 rg BT 444.86 555.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 471.09 555.60 Td (and ) Tj ET Q q 0 0 0 rg BT 488.42 555.60 Td (amortized ) Tj ET Q q 0 0 0 rg BT 531.29 555.60 Td (to ) Tj ET Q q 0 0 0 rg BT 541.96 555.60 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 543.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 125.76 543.60 Td (expenses ) Tj ET Q q 0 0 0 rg BT 164.36 543.60 Td (over ) Tj ET Q q 0 0 0 rg BT 184.63 543.60 Td (the ) Tj ET Q q 0 0 0 rg BT 199.35 543.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 242.94 543.60 Td (period ) Tj ET Q q 0 0 0 rg BT 270.98 543.60 Td (benefited.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 519.60 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 519.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 519.60 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 519.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.91 519.60 Td (our ) Tj ET Q q 0 0 0 rg BT 232.74 519.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 270.23 519.60 Td (of ) Tj ET Q q 0 0 0 rg BT 280.51 519.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 303.02 519.60 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 341.35 519.60 Td (see ) Tj ET Q q 0 0 0 rg BT 356.62 519.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 380.22 519.60 Td (3, ) Tj ET Q q 0 0 0 rg BT 390.22 519.60 Td (4 ) Tj ET Q q 0 0 0 rg BT 397.72 519.60 Td (and ) Tj ET Q q 0 0 0 rg BT 414.66 519.60 Td (14.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 495.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.80 495.60 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 132.99 495.60 Td (ef) Tj ET Q q 0 0 0 rg BT 140.57 495.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 158.31 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 169.40 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 184.37 495.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 222.12 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 232.60 495.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 255.36 495.60 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 291.45 495.60 Td (on ) Tj ET Q q 0 0 0 rg BT 304.20 495.60 Td (our ) Tj ET Q q 0 0 0 rg BT 320.29 495.60 Td (summary ) Tj ET Q q 0 0 0 rg BT 360.26 495.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 393.55 495.60 Td (sheet ) Tj ET Q q 0 0 0 rg BT 416.85 495.60 Td (information ) Tj ET Q q 0 0 0 rg BT 466.82 495.60 Td (as ) Tj ET Q q 0 0 0 rg BT 477.90 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 488.99 495.60 Td (January ) Tj ET Q q 0 0 0 rg BT 522.84 495.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 533.10 495.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 555.85 495.60 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (as ) Tj ET Q q 0 0 0 rg BT 60.33 483.60 Td (follows:) Tj ET Q 1 1 1 rg /GS0 gs 50.00 442.10 306.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 356.00 442.10 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 412.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 412.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 412.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 412.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 412.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 412.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 382.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 382.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 382.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 382.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 382.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 382.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 352.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 352.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 352.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 352.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 352.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 352.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 322.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 322.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 322.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 322.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 322.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 322.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 292.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 292.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 292.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 292.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 292.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 292.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 262.10 306.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 262.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 262.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 262.10 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 262.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 262.10 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 442.1 m 421 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 442.1 m 425 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 442.1 m 494 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 442.1 m 498 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 442.1 m 563 442.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.85 464.50 Td (Balance at) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.80 455.50 Td (December) Tj ET Q q 0 0 0 rg BT 400.69 455.50 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.00 446.50 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.85 456.45 Td (ASU 2014-09 ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 446.78 Td (Adjustments ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.75 446.78 Td (\(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.85 464.50 Td (Balance at) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.45 455.50 Td (January 1,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.00 446.50 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.85 431.55 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 416.77 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 401.77 Td (Contract assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 401.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 401.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 401.77 Td (176.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 401.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 401.77 Td (176.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 386.77 Td (Other current assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 386.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 386.77 Td (33.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 386.77 Td (65.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 386.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 386.77 Td (98.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 371.77 Td (Long-term contract assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 371.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 371.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 371.77 Td (75.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 371.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 371.77 Td (75.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 356.77 Td (Other assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 356.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 356.77 Td (49.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 356.77 Td (20.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 356.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 356.77 Td (69.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 326.77 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 311.77 Td (Deferred revenue and advance payments from subscribers and others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 311.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 311.77 Td (192.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 311.77 Td (13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 311.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 311.77 Td (205.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 296.77 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 296.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 296.77 Td (1,385.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 296.77 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 296.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 296.77 Td (1,388.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 281.77 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 281.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 281.77 Td (697.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.30 281.82 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 281.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 281.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 281.77 Td (697.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 251.77 Td (Owner) Tj ET Q q 0 0 0 rg BT 80.08 251.77 Td () Tj ET Q q 0 0 0 rg BT 82.86 251.77 Td (s equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 251.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 251.77 Td (5,122.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 251.77 Td (321.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 251.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 251.77 Td (5,443.6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.60 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.60 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 211.60 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 106.67 211.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 145.82 211.60 Td (the ) Tj ET Q q 0 0 0 rg BT 160.53 211.60 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 207.46 211.60 Td (ef) Tj ET Q q 0 0 0 rg BT 215.05 211.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 232.53 211.60 Td (of ) Tj ET Q q 0 0 0 rg BT 243.36 211.60 Td (the ) Tj ET Q q 0 0 0 rg BT 258.08 211.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 295.58 211.60 Td (of ) Tj ET Q q 0 0 0 rg BT 305.85 211.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 328.36 211.60 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 364.19 211.60 Td (on ) Tj ET Q q 0 0 0 rg BT 376.69 211.60 Td (our ) Tj ET Q q 0 0 0 rg BT 392.52 211.60 Td (January ) Tj ET Q q 0 0 0 rg BT 426.12 211.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 436.12 211.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 458.62 211.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 491.65 211.60 Td (sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 190.00 Td (The ) Tj ET Q q 0 0 0 rg BT 85.57 190.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 115.30 190.00 Td (of ) Tj ET Q q 0 0 0 rg BT 126.15 190.00 Td (our ) Tj ET Q q 0 0 0 rg BT 142.00 190.00 Td (adoption ) Tj ET Q q 0 0 0 rg BT 179.52 190.00 Td (of ) Tj ET Q q 0 0 0 rg BT 189.81 190.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 212.34 190.00 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 248.19 190.00 Td (on ) Tj ET Q q 0 0 0 rg BT 260.71 190.00 Td (our ) Tj ET Q q 0 0 0 rg BT 276.56 190.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 329.63 190.00 Td (balance ) Tj ET Q q 0 0 0 rg BT 362.68 190.00 Td (sheet ) Tj ET Q q 0 0 0 rg BT 385.75 190.00 Td (as ) Tj ET Q q 0 0 0 rg BT 396.60 190.00 Td (of ) Tj ET Q q 0 0 0 rg BT 407.45 190.00 Td (December ) Tj ET Q q 0 0 0 rg BT 451.05 190.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 466.07 190.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 488.60 190.00 Td (was ) Tj ET Q q 0 0 0 rg BT 506.67 190.00 Td (not ) Tj ET Q q 0 0 0 rg BT 521.97 190.00 Td (materially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.00 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 178.00 Td (ferent ) Tj ET Q q 0 0 0 rg BT 86.39 178.00 Td (from ) Tj ET Q q 0 0 0 rg BT 108.48 178.00 Td (the ) Tj ET Q q 0 0 0 rg BT 123.35 178.00 Td (impacts ) Tj ET Q q 0 0 0 rg BT 157.10 178.00 Td (set ) Tj ET Q q 0 0 0 rg BT 170.86 178.00 Td (forth ) Tj ET Q q 0 0 0 rg BT 192.95 178.00 Td (in ) Tj ET Q q 0 0 0 rg BT 203.38 178.00 Td (the ) Tj ET Q q 0 0 0 rg BT 218.25 178.00 Td (above ) Tj ET Q q 0 0 0 rg BT 244.77 178.00 Td (January ) Tj ET Q q 0 0 0 rg BT 278.52 178.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 288.67 178.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 311.32 178.00 Td (summary ) Tj ET Q q 0 0 0 rg BT 351.19 178.00 Td (balance ) Tj ET Q q 0 0 0 rg BT 384.37 178.00 Td (sheet ) Tj ET Q q 0 0 0 rg BT 407.57 178.00 Td (information. ) Tj ET Q q 0 0 0 rg BT 459.93 178.00 Td (Similarly) Tj ET Q q 0 0 0 rg BT 496.51 178.00 Td (, ) Tj ET Q q 0 0 0 rg BT 501.66 178.00 Td (the ) Tj ET Q q 0 0 0 rg BT 516.52 178.00 Td (adoption ) Tj ET Q q 0 0 0 rg BT 554.17 178.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 71.69 166.00 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 107.21 166.00 Td (did ) Tj ET Q q 0 0 0 rg BT 122.17 166.00 Td (not ) Tj ET Q q 0 0 0 rg BT 137.14 166.00 Td (have ) Tj ET Q q 0 0 0 rg BT 158.20 166.00 Td (a ) Tj ET Q q 0 0 0 rg BT 164.83 166.00 Td (material ) Tj ET Q q 0 0 0 rg BT 199.77 166.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 229.17 166.00 Td (on ) Tj ET Q q 0 0 0 rg BT 241.36 166.00 Td (our ) Tj ET Q q 0 0 0 rg BT 256.87 166.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 309.60 166.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 354.00 166.00 Td (of ) Tj ET Q q 0 0 0 rg BT 364.52 166.00 Td (operations ) Tj ET Q q 0 0 0 rg BT 408.36 166.00 Td (for ) Tj ET Q q 0 0 0 rg BT 422.21 166.00 Td (the ) Tj ET Q q 0 0 0 rg BT 436.61 166.00 Td (year ) Tj ET Q q 0 0 0 rg BT 456.00 166.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 482.07 166.00 Td (December ) Tj ET Q q 0 0 0 rg BT 525.34 166.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 540.02 166.00 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 142.00 Td (The impact of our adoption of ) Tj ET Q q 0 0 0 rg BT 189.69 142.00 Td (ASU 2014-09 is net of income tax. ) Tj ET Q q 0 0 0 rg BT 331.71 142.00 Td (This impact is immaterial as the tax impact is recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.00 Td (in a tax return of a fiscal unity of a predecessor) Tj ET Q q 0 0 0 rg BT 237.21 130.00 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 106.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 88.33 106.00 Td (2016-18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 82.00 Td (In ) Tj ET Q q 0 0 0 rg BT 77.19 82.00 Td (November ) Tj ET Q q 0 0 0 rg BT 120.75 82.00 Td (2016, ) Tj ET Q q 0 0 0 rg BT 144.61 82.00 Td (the ) Tj ET Q q 0 0 0 rg BT 158.19 82.00 Td (F) Tj ET Q q 0 0 0 rg BT 163.01 82.00 Td (ASB ) Tj ET Q q 0 0 0 rg BT 183.82 82.00 Td (issued ) Tj ET Q q 0 0 0 rg BT 209.88 82.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 231.24 82.00 Td (No. ) Tj ET Q q 0 0 0 rg BT 247.32 82.00 Td (2016-18, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 284.51 82.00 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 326.41 82.00 Td (Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.98 82.00 Td ( ) Tj ET Q q 0 0 0 rg BT 348.33 82.00 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.66 82.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 373.03 82.00 Td (2016-18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.36 82.00 Td (\), ) Tj ET Q q 0 0 0 rg BT 413.55 82.00 Td (which ) Tj ET Q q 0 0 0 rg BT 439.34 82.00 Td (requires ) Tj ET Q q 0 0 0 rg BT 472.91 82.00 Td (the ) Tj ET Q q 0 0 0 rg BT 486.49 82.00 Td (change ) Tj ET Q q 0 0 0 rg BT 516.16 82.00 Td (in ) Tj ET Q q 0 0 0 rg BT 525.30 82.00 Td (restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.91 70.00 Td (to ) Tj ET Q q 0 0 0 rg BT 80.34 70.00 Td (be ) Tj ET Q q 0 0 0 rg BT 92.42 70.00 Td (included ) Tj ET Q q 0 0 0 rg BT 129.50 70.00 Td (together ) Tj ET Q q 0 0 0 rg BT 164.91 70.00 Td (with ) Tj ET Q q 0 0 0 rg BT 185.33 70.00 Td (the ) Tj ET Q q 0 0 0 rg BT 200.20 70.00 Td (total ) Tj ET Q q 0 0 0 rg BT 220.62 70.00 Td (change ) Tj ET Q q 0 0 0 rg BT 251.58 70.00 Td (in ) Tj ET Q q 0 0 0 rg BT 262.00 70.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 282.41 70.00 Td (and ) Tj ET Q q 0 0 0 rg BT 299.50 70.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 319.91 70.00 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 368.10 70.00 Td (on ) Tj ET Q q 0 0 0 rg BT 380.75 70.00 Td (our ) Tj ET Q q 0 0 0 rg BT 396.72 70.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 449.91 70.00 Td (statement ) Tj ET Q q 0 0 0 rg BT 490.87 70.00 Td (of ) Tj ET Q q 0 0 0 rg BT 501.85 70.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 522.26 70.00 Td (flows. ) Tj ET Q q 0 0 0 rg BT 549.44 70.00 Td (W) Tj ET Q q 0 0 0 rg BT 558.08 70.00 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.00 Td (adopted ) Tj ET Q q 0 0 0 rg BT 83.03 58.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 105.44 58.00 Td (2016-18 ) Tj ET Q q 0 0 0 rg BT 141.18 58.00 Td (on ) Tj ET Q q 0 0 0 rg BT 153.58 58.00 Td (January ) Tj ET Q q 0 0 0 rg BT 187.09 58.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 197.00 58.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 219.40 58.00 Td (on ) Tj ET Q q 0 0 0 rg BT 231.81 58.00 Td (a ) Tj ET Q q 0 0 0 rg BT 238.65 58.00 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 292.70 58.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 315.11 58.00 Td (and, ) Tj ET Q q 0 0 0 rg BT 334.45 58.00 Td (accordingly) Tj ET Q q 0 0 0 rg BT 381.00 58.00 Td (, ) Tj ET Q q 0 0 0 rg BT 385.91 58.00 Td (our ) Tj ET Q q 0 0 0 rg BT 401.65 58.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 454.59 58.00 Td (statement ) Tj ET Q q 0 0 0 rg BT 495.32 58.00 Td (of ) Tj ET Q q 0 0 0 rg BT 506.06 58.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 526.23 58.00 Td (flows ) Tj ET Q q 0 0 0 rg BT 550.86 58.00 Td (for ) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 63.98 699.60 Td (year ) Tj ET Q q 0 0 0 rg BT 83.46 699.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 109.60 699.60 Td (December ) Tj ET Q q 0 0 0 rg BT 152.95 699.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 167.72 699.60 Td (2017 ) Tj ET Q q 0 0 0 rg BT 189.99 699.60 Td (has ) Tj ET Q q 0 0 0 rg BT 205.58 699.60 Td (been ) Tj ET Q q 0 0 0 rg BT 226.73 699.60 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 262.32 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 272.37 699.60 Td (include ) Tj ET Q q 0 0 0 rg BT 304.07 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 319.66 699.60 Td (restricted ) Tj ET Q q 0 0 0 rg BT 359.13 699.60 Td (cash, ) Tj ET Q q 0 0 0 rg BT 381.67 699.60 Td (resulting ) Tj ET Q q 0 0 0 rg BT 418.93 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 428.98 699.60 Td (a ) Tj ET Q q 0 0 0 rg BT 435.68 699.60 Td (2,995.2 ) Tj ET Q q 0 0 0 rg BT 472.95 699.60 Td (million ) Tj ET Q q 0 0 0 rg BT 504.11 699.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 539.13 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 549.17 699.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 687.60 Td (net ) Tj ET Q q 0 0 0 rg BT 63.57 687.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 83.19 687.60 Td (used ) Tj ET Q q 0 0 0 rg BT 103.38 687.60 Td (by ) Tj ET Q q 0 0 0 rg BT 115.23 687.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 154.85 687.60 Td (activities ) Tj ET Q q 0 0 0 rg BT 192.80 687.60 Td (related ) Tj ET Q q 0 0 0 rg BT 221.86 687.60 Td (to ) Tj ET Q q 0 0 0 rg BT 231.49 687.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 260.55 687.60 Td (restricted ) Tj ET Q q 0 0 0 rg BT 299.61 687.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 319.23 687.60 Td (that ) Tj ET Q q 0 0 0 rg BT 336.08 687.60 Td (was ) Tj ET Q q 0 0 0 rg BT 353.49 687.60 Td (released ) Tj ET Q q 0 0 0 rg BT 388.09 687.60 Td (from ) Tj ET Q q 0 0 0 rg BT 409.39 687.60 Td (escrow ) Tj ET Q q 0 0 0 rg BT 439.56 687.60 Td (during ) Tj ET Q q 0 0 0 rg BT 467.53 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 481.60 687.60 Td (period ) Tj ET Q q 0 0 0 rg BT 509.00 687.60 Td (in ) Tj ET Q q 0 0 0 rg BT 518.63 687.60 Td (connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (with ) Tj ET Q q 0 0 0 rg BT 69.78 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 84.50 675.60 Td (formation ) Tj ET Q q 0 0 0 rg BT 126.43 675.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.08 675.60 Td (V) Tj ET Q q 0 0 0 rg BT 143.01 675.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.10 675.60 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 651.60 Td (Recent ) Tj ET Q q 0 0 0 rg BT 88.95 651.60 Td (Accounting Pronouncements) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 627.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 88.33 627.60 Td (2016-02) Tj ET Q BT /F3 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 603.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.33 603.60 Td (February ) Tj ET Q q 0 0 0 rg BT 116.93 603.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 141.93 603.60 Td (the ) Tj ET Q q 0 0 0 rg BT 156.65 603.60 Td (F) Tj ET Q q 0 0 0 rg BT 161.46 603.60 Td (ASB ) Tj ET Q q 0 0 0 rg BT 183.42 603.60 Td (issued ) Tj ET Q q 0 0 0 rg BT 210.37 603.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 232.87 603.60 Td (No. ) Tj ET Q q 0 0 0 rg BT 250.09 603.60 Td (2016-02, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 288.42 603.60 Td (Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.64 603.60 Td ( ) Tj ET Q q 0 0 0 rg BT 318.14 603.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.47 603.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 343.98 603.60 Td (2016-02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.31 603.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 385.64 603.60 Td (which, ) Tj ET Q q 0 0 0 rg BT 415.08 603.60 Td (for ) Tj ET Q q 0 0 0 rg BT 429.24 603.60 Td (most ) Tj ET Q q 0 0 0 rg BT 451.19 603.60 Td (leases, ) Tj ET Q q 0 0 0 rg BT 480.06 603.60 Td (will ) Tj ET Q q 0 0 0 rg BT 498.12 603.60 Td (result ) Tj ET Q q 0 0 0 rg BT 522.84 603.60 Td (in ) Tj ET Q q 0 0 0 rg BT 533.12 603.60 Td (lessees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.60 Td (recognizing ) Tj ET Q q 0 0 0 rg BT 99.01 591.60 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 148.52 591.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 174.16 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 190.91 591.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 213.20 591.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 252.72 591.60 Td (on ) Tj ET Q q 0 0 0 rg BT 265.03 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 279.55 591.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 312.39 591.60 Td (sheet ) Tj ET Q q 0 0 0 rg BT 335.25 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 351.99 591.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 394.29 591.60 Td (disclosures. ) Tj ET Q q 0 0 0 rg BT 443.03 591.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 465.34 591.60 Td (2016-02, ) Tj ET Q q 0 0 0 rg BT 503.48 591.60 Td (as ) Tj ET Q q 0 0 0 rg BT 514.11 591.60 Td (amended ) Tj ET Q q 0 0 0 rg BT 552.51 591.60 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 72.25 579.60 Td (No. ) Tj ET Q q 0 0 0 rg BT 89.71 579.60 Td (2018-1) Tj ET Q q 0 0 0 rg BT 117.67 579.60 Td (1, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 127.91 579.60 Td (T) Tj ET Q q 0 0 0 rg BT 132.55 579.60 Td (ar) Tj ET Q q 0 0 0 rg BT 141.07 579.60 Td (geted ) Tj ET Q q 0 0 0 rg BT 165.47 579.60 Td (Impr) Tj ET Q q 0 0 0 rg BT 184.54 579.60 Td (ovements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.75 579.60 Td (, ) Tj ET Q q 0 0 0 rg BT 226.99 579.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 261.94 579.60 Td (lessees ) Tj ET Q q 0 0 0 rg BT 292.44 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 309.62 579.60 Td (lessors ) Tj ET Q q 0 0 0 rg BT 339.59 579.60 Td (to ) Tj ET Q q 0 0 0 rg BT 350.11 579.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 391.71 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 408.89 579.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 444.94 579.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 471.56 579.60 Td (at ) Tj ET Q q 0 0 0 rg BT 481.52 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 496.48 579.60 Td (beginning ) Tj ET Q q 0 0 0 rg BT 539.21 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 579.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.60 Td (earliest ) Tj ET Q q 0 0 0 rg BT 80.96 567.60 Td (period ) Tj ET Q q 0 0 0 rg BT 109.10 567.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 150.01 567.60 Td (using ) Tj ET Q q 0 0 0 rg BT 174.27 567.60 Td (one ) Tj ET Q q 0 0 0 rg BT 191.29 567.60 Td (of ) Tj ET Q q 0 0 0 rg BT 202.21 567.60 Td (two ) Tj ET Q q 0 0 0 rg BT 219.81 567.60 Td (modified ) Tj ET Q q 0 0 0 rg BT 258.50 567.60 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 312.73 567.60 Td (approaches. ) Tj ET Q q 0 0 0 rg BT 362.22 567.60 Td (A) Tj ET Q q 0 0 0 rg BT 368.89 567.60 Td ( ) Tj ET Q q 0 0 0 rg BT 371.48 567.60 Td (number ) Tj ET Q q 0 0 0 rg BT 404.62 567.60 Td (of ) Tj ET Q q 0 0 0 rg BT 415.54 567.60 Td (optional ) Tj ET Q q 0 0 0 rg BT 450.91 567.60 Td (practical ) Tj ET Q q 0 0 0 rg BT 487.92 567.60 Td (expedients ) Tj ET Q q 0 0 0 rg BT 533.27 567.60 Td (may ) Tj ET Q q 0 0 0 rg BT 553.08 567.60 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.60 Td (applied ) Tj ET Q q 0 0 0 rg BT 81.04 555.60 Td (in ) Tj ET Q q 0 0 0 rg BT 90.92 555.60 Td (transition. ) Tj ET Q q 0 0 0 rg BT 132.83 555.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 154.93 555.60 Td (2016-02 ) Tj ET Q q 0 0 0 rg BT 190.37 555.60 Td (is ) Tj ET Q q 0 0 0 rg BT 199.14 555.60 Td (ef) Tj ET Q q 0 0 0 rg BT 206.73 555.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 236.03 555.60 Td (for ) Tj ET Q q 0 0 0 rg BT 249.79 555.60 Td (annual ) Tj ET Q q 0 0 0 rg BT 278.55 555.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 317.31 555.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 348.85 555.60 Td (beginning ) Tj ET Q q 0 0 0 rg BT 390.95 555.60 Td (after ) Tj ET Q q 0 0 0 rg BT 411.36 555.60 Td (December ) Tj ET Q q 0 0 0 rg BT 454.55 555.60 Td (15, ) Tj ET Q q 0 0 0 rg BT 469.15 555.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 493.75 555.60 Td (including ) Tj ET Q q 0 0 0 rg BT 533.63 555.60 Td (interim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 543.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.21 543.60 Td (within ) Tj ET Q q 0 0 0 rg BT 109.04 543.60 Td (those ) Tj ET Q q 0 0 0 rg BT 132.42 543.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 156.34 543.60 Td (years, ) Tj ET Q q 0 0 0 rg BT 182.21 543.60 Td (with ) Tj ET Q q 0 0 0 rg BT 202.26 543.60 Td (early ) Tj ET Q q 0 0 0 rg BT 224.51 543.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 261.78 543.60 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 304.71 543.60 Td (W) Tj ET Q q 0 0 0 rg BT 313.34 543.60 Td (e ) Tj ET Q q 0 0 0 rg BT 320.05 543.60 Td (will ) Tj ET Q q 0 0 0 rg BT 337.88 543.60 Td (adopt ) Tj ET Q q 0 0 0 rg BT 361.87 543.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 384.14 543.60 Td (2016-02 ) Tj ET Q q 0 0 0 rg BT 419.74 543.60 Td (on ) Tj ET Q q 0 0 0 rg BT 432.01 543.60 Td (January ) Tj ET Q q 0 0 0 rg BT 465.38 543.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 475.15 543.60 Td (2019 ) Tj ET Q q 0 0 0 rg BT 497.42 543.60 Td (by ) Tj ET Q q 0 0 0 rg BT 509.69 543.60 Td (recording ) Tj ET Q q 0 0 0 rg BT 550.28 543.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.60 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 96.43 531.60 Td (ef) Tj ET Q q 0 0 0 rg BT 104.02 531.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 121.50 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 132.33 531.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 169.83 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 180.11 531.60 Td (our ) Tj ET Q q 0 0 0 rg BT 195.94 531.60 Td (owner) Tj ET Q q 0 0 0 rg BT 221.30 531.60 Td () Tj ET Q q 0 0 0 rg BT 224.08 531.60 Td (s ) Tj ET Q q 0 0 0 rg BT 230.47 531.60 Td (equity) Tj ET Q q 0 0 0 rg BT 254.81 531.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 507.60 Td (The ) Tj ET Q q 0 0 0 rg BT 86.33 507.60 Td (main ) Tj ET Q q 0 0 0 rg BT 109.61 507.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 140.10 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 151.72 507.60 Td (the ) Tj ET Q q 0 0 0 rg BT 167.22 507.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 205.50 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 217.11 507.60 Td (this ) Tj ET Q q 0 0 0 rg BT 234.84 507.60 Td (standard ) Tj ET Q q 0 0 0 rg BT 272.00 507.60 Td (will ) Tj ET Q q 0 0 0 rg BT 290.84 507.60 Td (be ) Tj ET Q q 0 0 0 rg BT 303.57 507.60 Td (the ) Tj ET Q q 0 0 0 rg BT 319.07 507.60 Td (recognition ) Tj ET Q q 0 0 0 rg BT 367.89 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 379.51 507.60 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 430.00 507.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 456.61 507.60 Td (and ) Tj ET Q q 0 0 0 rg BT 474.33 507.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 497.60 507.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 538.10 507.60 Td (in ) Tj ET Q q 0 0 0 rg BT 549.17 507.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 102.32 495.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 135.14 495.60 Td (sheet ) Tj ET Q q 0 0 0 rg BT 157.97 495.60 Td (for ) Tj ET Q q 0 0 0 rg BT 171.91 495.60 Td (those ) Tj ET Q q 0 0 0 rg BT 195.30 495.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 221.46 495.60 Td (classified ) Tj ET Q q 0 0 0 rg BT 261.50 495.60 Td (as ) Tj ET Q q 0 0 0 rg BT 272.11 495.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 312.16 495.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 338.32 495.60 Td (under ) Tj ET Q q 0 0 0 rg BT 363.37 495.60 Td (previous ) Tj ET Q q 0 0 0 rg BT 400.09 495.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 420.15 495.60 Td (GAAP) Tj ET Q q 0 0 0 rg BT 446.27 495.60 Td (. ) Tj ET Q q 0 0 0 rg BT 450.89 495.60 Td (W) Tj ET Q q 0 0 0 rg BT 459.53 495.60 Td (e ) Tj ET Q q 0 0 0 rg BT 466.25 495.60 Td (will ) Tj ET Q q 0 0 0 rg BT 484.08 495.60 Td (not ) Tj ET Q q 0 0 0 rg BT 499.15 495.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 540.29 495.60 Td (right-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (of-use ) Tj ET Q q 0 0 0 rg BT 76.57 483.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 101.97 483.60 Td (or ) Tj ET Q q 0 0 0 rg BT 112.38 483.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 134.44 483.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 173.74 483.60 Td (for ) Tj ET Q q 0 0 0 rg BT 187.47 483.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 213.43 483.60 Td (with ) Tj ET Q q 0 0 0 rg BT 233.28 483.60 Td (a ) Tj ET Q q 0 0 0 rg BT 239.80 483.60 Td (term ) Tj ET Q q 0 0 0 rg BT 260.20 483.60 Td (of ) Tj ET Q q 0 0 0 rg BT 270.60 483.60 Td (12 ) Tj ET Q q 0 0 0 rg BT 282.68 483.60 Td (months ) Tj ET Q q 0 0 0 rg BT 314.21 483.60 Td (or ) Tj ET Q q 0 0 0 rg BT 324.61 483.60 Td (less, ) Tj ET Q q 0 0 0 rg BT 344.19 483.60 Td (as ) Tj ET Q q 0 0 0 rg BT 354.60 483.60 Td (permitted ) Tj ET Q q 0 0 0 rg BT 394.99 483.60 Td (by ) Tj ET Q q 0 0 0 rg BT 407.07 483.60 Td (the ) Tj ET Q q 0 0 0 rg BT 421.36 483.60 Td (short-term ) Tj ET Q q 0 0 0 rg BT 465.10 483.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 487.16 483.60 Td (practical ) Tj ET Q q 0 0 0 rg BT 523.65 483.60 Td (expedient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 74.40 471.60 Td (standard. ) Tj ET Q q 0 0 0 rg BT 113.05 471.60 Td (W) Tj ET Q q 0 0 0 rg BT 121.68 471.60 Td (e ) Tj ET Q q 0 0 0 rg BT 128.57 471.60 Td (plan ) Tj ET Q q 0 0 0 rg BT 148.24 471.60 Td (to ) Tj ET Q q 0 0 0 rg BT 158.47 471.60 Td (apply ) Tj ET Q q 0 0 0 rg BT 183.13 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 197.80 471.60 Td (practical ) Tj ET Q q 0 0 0 rg BT 234.67 471.60 Td (expedient ) Tj ET Q q 0 0 0 rg BT 275.99 471.60 Td (that ) Tj ET Q q 0 0 0 rg BT 293.44 471.60 Td (permits ) Tj ET Q q 0 0 0 rg BT 325.88 471.60 Td (a ) Tj ET Q q 0 0 0 rg BT 332.77 471.60 Td (lessee ) Tj ET Q q 0 0 0 rg BT 359.10 471.60 Td (to ) Tj ET Q q 0 0 0 rg BT 369.33 471.60 Td (account ) Tj ET Q q 0 0 0 rg BT 402.87 471.60 Td (for ) Tj ET Q q 0 0 0 rg BT 416.98 471.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 439.42 471.60 Td (and ) Tj ET Q q 0 0 0 rg BT 456.31 471.60 Td (non-lease ) Tj ET Q q 0 0 0 rg BT 497.07 471.60 Td (components ) Tj ET Q q 0 0 0 rg BT 547.85 471.60 Td (in ) Tj ET Q q 0 0 0 rg BT 558.08 471.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 84.41 459.60 Td (as ) Tj ET Q q 0 0 0 rg BT 95.45 459.60 Td (a ) Tj ET Q q 0 0 0 rg BT 102.60 459.60 Td (single ) Tj ET Q q 0 0 0 rg BT 129.20 459.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 151.89 459.60 Td (component, ) Tj ET Q q 0 0 0 rg BT 201.54 459.60 Td (if ) Tj ET Q q 0 0 0 rg BT 210.35 459.60 Td (the ) Tj ET Q q 0 0 0 rg BT 225.28 459.60 Td (class ) Tj ET Q q 0 0 0 rg BT 247.43 459.60 Td (of ) Tj ET Q q 0 0 0 rg BT 258.47 459.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 280.62 459.60 Td (warrants ) Tj ET Q q 0 0 0 rg BT 317.76 459.60 Td (such ) Tj ET Q q 0 0 0 rg BT 338.80 459.60 Td (treatment, ) Tj ET Q q 0 0 0 rg BT 381.77 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 398.91 459.60 Td (will ) Tj ET Q q 0 0 0 rg BT 417.18 459.60 Td (be ) Tj ET Q q 0 0 0 rg BT 429.33 459.60 Td (assessed ) Tj ET Q q 0 0 0 rg BT 465.92 459.60 Td (on ) Tj ET Q q 0 0 0 rg BT 478.63 459.60 Td (case ) Tj ET Q q 0 0 0 rg BT 498.55 459.60 Td (to ) Tj ET Q q 0 0 0 rg BT 509.04 459.60 Td (case ) Tj ET Q q 0 0 0 rg BT 528.95 459.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 554.16 459.60 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.60 Td (transition, ) Tj ET Q q 0 0 0 rg BT 92.25 447.60 Td (we ) Tj ET Q q 0 0 0 rg BT 106.39 447.60 Td (will ) Tj ET Q q 0 0 0 rg BT 124.42 447.60 Td (apply ) Tj ET Q q 0 0 0 rg BT 149.12 447.60 Td (the ) Tj ET Q q 0 0 0 rg BT 163.81 447.60 Td (practical ) Tj ET Q q 0 0 0 rg BT 200.71 447.60 Td (expedients ) Tj ET Q q 0 0 0 rg BT 245.95 447.60 Td (that ) Tj ET Q q 0 0 0 rg BT 263.43 447.60 Td (permit ) Tj ET Q q 0 0 0 rg BT 292.01 447.60 Td (us ) Tj ET Q q 0 0 0 rg BT 303.38 447.60 Td (not ) Tj ET Q q 0 0 0 rg BT 318.63 447.60 Td (to ) Tj ET Q q 0 0 0 rg BT 328.89 447.60 Td (reassess ) Tj ET Q q 0 0 0 rg BT 363.58 447.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 375.50 447.60 Td (whether ) Tj ET Q q 0 0 0 rg BT 410.18 447.60 Td (expired ) Tj ET Q q 0 0 0 rg BT 442.64 447.60 Td (or ) Tj ET Q q 0 0 0 rg BT 453.45 447.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 487.60 447.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 526.17 447.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 558.08 447.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 71.41 435.60 Td (under ) Tj ET Q q 0 0 0 rg BT 96.10 435.60 Td (the ) Tj ET Q q 0 0 0 rg BT 110.23 435.60 Td (new ) Tj ET Q q 0 0 0 rg BT 128.82 435.60 Td (standard, ) Tj ET Q q 0 0 0 rg BT 167.11 435.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 181.25 435.60 Td (the ) Tj ET Q q 0 0 0 rg BT 195.39 435.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 217.30 435.60 Td (classification ) Tj ET Q q 0 0 0 rg BT 271.98 435.60 Td (for ) Tj ET Q q 0 0 0 rg BT 285.56 435.60 Td (expired ) Tj ET Q q 0 0 0 rg BT 317.47 435.60 Td (or ) Tj ET Q q 0 0 0 rg BT 327.72 435.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 361.30 435.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 387.10 435.60 Td (or ) Tj ET Q q 0 0 0 rg BT 397.35 435.60 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 414.27 435.60 Td (whether ) Tj ET Q q 0 0 0 rg BT 448.40 435.60 Td (previously-capitalized ) Tj ET Q q 0 0 0 rg BT 539.17 435.60 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.60 Td (direct ) Tj ET Q q 0 0 0 rg BT 74.76 423.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 97.26 423.60 Td (would ) Tj ET Q q 0 0 0 rg BT 124.76 423.60 Td (qualify ) Tj ET Q q 0 0 0 rg BT 155.59 423.60 Td (for ) Tj ET Q q 0 0 0 rg BT 169.75 423.60 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 226.11 423.60 Td (under ) Tj ET Q q 0 0 0 rg BT 251.38 423.60 Td (the ) Tj ET Q q 0 0 0 rg BT 266.10 423.60 Td (new ) Tj ET Q q 0 0 0 rg BT 285.26 423.60 Td (standard. ) Tj ET Q q 0 0 0 rg BT 324.13 423.60 Td (In ) Tj ET Q q 0 0 0 rg BT 334.96 423.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 372.74 423.60 Td (we ) Tj ET Q q 0 0 0 rg BT 386.90 423.60 Td (will ) Tj ET Q q 0 0 0 rg BT 404.95 423.60 Td (not ) Tj ET Q q 0 0 0 rg BT 420.23 423.60 Td (use ) Tj ET Q q 0 0 0 rg BT 436.06 423.60 Td (hindsight ) Tj ET Q q 0 0 0 rg BT 475.79 423.60 Td (during ) Tj ET Q q 0 0 0 rg BT 504.40 423.60 Td (transition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 399.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 399.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.06 399.60 Td (are ) Tj ET Q q 0 0 0 rg BT 97.74 399.60 Td (in ) Tj ET Q q 0 0 0 rg BT 108.00 399.60 Td (the ) Tj ET Q q 0 0 0 rg BT 122.70 399.60 Td (process ) Tj ET Q q 0 0 0 rg BT 155.17 399.60 Td (of ) Tj ET Q q 0 0 0 rg BT 165.98 399.60 Td (implementing ) Tj ET Q q 0 0 0 rg BT 224.00 399.60 Td (a ) Tj ET Q q 0 0 0 rg BT 230.92 399.60 Td (new ) Tj ET Q q 0 0 0 rg BT 250.06 399.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 272.52 399.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 318.88 399.60 Td (system ) Tj ET Q q 0 0 0 rg BT 349.13 399.60 Td (and ) Tj ET Q q 0 0 0 rg BT 366.05 399.60 Td (related ) Tj ET Q q 0 0 0 rg BT 395.73 399.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 428.75 399.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 463.45 399.60 Td (to ) Tj ET Q q 0 0 0 rg BT 473.71 399.60 Td (meet ) Tj ET Q q 0 0 0 rg BT 495.62 399.60 Td (the ) Tj ET Q q 0 0 0 rg BT 510.32 399.60 Td (requirements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.60 Td (of ) Tj ET Q q 0 0 0 rg BT 59.40 387.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 81.41 387.60 Td (2016-02. ) Tj ET Q q 0 0 0 rg BT 119.10 387.60 Td (While ) Tj ET Q q 0 0 0 rg BT 145.54 387.60 Td (we ) Tj ET Q q 0 0 0 rg BT 159.21 387.60 Td (are ) Tj ET Q q 0 0 0 rg BT 173.43 387.60 Td (still ) Tj ET Q q 0 0 0 rg BT 190.44 387.60 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 234.10 387.60 Td (the ) Tj ET Q q 0 0 0 rg BT 248.32 387.60 Td (ef) Tj ET Q q 0 0 0 rg BT 255.91 387.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 272.91 387.60 Td (that ) Tj ET Q q 0 0 0 rg BT 289.47 387.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 311.48 387.60 Td (2016-02 ) Tj ET Q q 0 0 0 rg BT 346.82 387.60 Td (will ) Tj ET Q q 0 0 0 rg BT 364.38 387.60 Td (have ) Tj ET Q q 0 0 0 rg BT 385.27 387.60 Td (on ) Tj ET Q q 0 0 0 rg BT 397.28 387.60 Td (our ) Tj ET Q q 0 0 0 rg BT 412.61 387.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 465.16 387.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 497.70 387.60 Td (sheet, ) Tj ET Q q 0 0 0 rg BT 522.76 387.60 Td (we ) Tj ET Q q 0 0 0 rg BT 536.43 387.60 Td (expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.60 Td (to ) Tj ET Q q 0 0 0 rg BT 59.65 375.60 Td (record ) Tj ET Q q 0 0 0 rg BT 87.56 375.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 132.14 375.60 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 181.72 375.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 207.42 375.60 Td (and ) Tj ET Q q 0 0 0 rg BT 224.24 375.60 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 283.81 375.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 306.17 375.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 345.76 375.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 368.13 375.60 Td (adoption. ) Tj ET Q q 0 0 0 rg BT 407.83 375.60 Td (W) Tj ET Q q 0 0 0 rg BT 416.47 375.60 Td (e ) Tj ET Q q 0 0 0 rg BT 423.28 375.60 Td (do ) Tj ET Q q 0 0 0 rg BT 435.65 375.60 Td (not ) Tj ET Q q 0 0 0 rg BT 450.80 375.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 479.26 375.60 Td (our ) Tj ET Q q 0 0 0 rg BT 494.97 375.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 532.33 375.60 Td (of ) Tj ET Q q 0 0 0 rg BT 542.51 375.60 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.60 Td (2016-02 ) Tj ET Q q 0 0 0 rg BT 85.33 363.60 Td (will ) Tj ET Q q 0 0 0 rg BT 103.39 363.60 Td (have ) Tj ET Q q 0 0 0 rg BT 124.76 363.60 Td (a ) Tj ET Q q 0 0 0 rg BT 131.70 363.60 Td (material ) Tj ET Q q 0 0 0 rg BT 166.96 363.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 196.67 363.60 Td (on ) Tj ET Q q 0 0 0 rg BT 209.17 363.60 Td (our ) Tj ET Q q 0 0 0 rg BT 225.00 363.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 278.04 363.60 Td (statement ) Tj ET Q q 0 0 0 rg BT 318.87 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 329.70 363.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 373.85 363.60 Td (or ) Tj ET Q q 0 0 0 rg BT 384.68 363.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 404.95 363.60 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 339.60 Td (For ) Tj ET Q q 0 0 0 rg BT 83.76 339.60 Td (a ) Tj ET Q q 0 0 0 rg BT 90.57 339.60 Td (summary ) Tj ET Q q 0 0 0 rg BT 130.16 339.60 Td (of ) Tj ET Q q 0 0 0 rg BT 140.87 339.60 Td (our ) Tj ET Q q 0 0 0 rg BT 156.57 339.60 Td (undiscounted ) Tj ET Q q 0 0 0 rg BT 212.26 339.60 Td (future ) Tj ET Q q 0 0 0 rg BT 238.51 339.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 279.78 339.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 302.13 339.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 342.83 339.60 Td (under ) Tj ET Q q 0 0 0 rg BT 367.97 339.60 Td (non-cancellable ) Tj ET Q q 0 0 0 rg BT 433.64 339.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 473.78 339.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 500.03 339.60 Td (as ) Tj ET Q q 0 0 0 rg BT 510.73 339.60 Td (of ) Tj ET Q q 0 0 0 rg BT 521.43 339.60 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 64.50 327.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 89.50 327.60 Td (see ) Tj ET Q q 0 0 0 rg BT 104.77 327.60 Td (note ) Tj ET Q q 0 0 0 rg BT 124.49 327.60 Td (13.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 303.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 88.33 303.60 Td (2018-15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 121.66 303.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 279.60 Td (In ) Tj ET Q q 0 0 0 rg BT 77.91 279.60 Td (August ) Tj ET Q q 0 0 0 rg BT 109.47 279.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 134.64 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 149.52 279.60 Td (F) Tj ET Q q 0 0 0 rg BT 154.34 279.60 Td (ASB ) Tj ET Q q 0 0 0 rg BT 176.46 279.60 Td (issued ) Tj ET Q q 0 0 0 rg BT 203.54 279.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 226.22 279.60 Td (No. ) Tj ET Q q 0 0 0 rg BT 243.61 279.60 Td (2018-15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 282.11 279.60 Td (Customer) Tj ET Q q 0 0 0 rg BT 321.37 279.60 Td () Tj ET Q q 0 0 0 rg BT 323.41 279.60 Td (s ) Tj ET Q q 0 0 0 rg BT 329.78 279.60 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 377.99 279.60 Td (for ) Tj ET Q q 0 0 0 rg BT 392.33 279.60 Td (Implementation ) Tj ET Q q 0 0 0 rg BT 457.76 279.60 Td (Costs ) Tj ET Q q 0 0 0 rg BT 482.66 279.60 Td (Incurr) Tj ET Q q 0 0 0 rg BT 507.84 279.60 Td (ed ) Tj ET Q q 0 0 0 rg BT 519.95 279.60 Td (in ) Tj ET Q q 0 0 0 rg BT 530.39 279.60 Td (a ) Tj ET Q q 0 0 0 rg BT 538.06 279.60 Td (Cloud ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 267.60 Td (Computing ) Tj ET Q q 0 0 0 rg BT 95.76 267.60 Td (Arrangement ) Tj ET Q q 0 0 0 rg BT 150.49 267.60 Td (that ) Tj ET Q q 0 0 0 rg BT 168.00 267.60 Td (is ) Tj ET Q q 0 0 0 rg BT 176.63 267.60 Td (a ) Tj ET Q q 0 0 0 rg BT 183.59 267.60 Td (Service ) Tj ET Q q 0 0 0 rg BT 214.97 267.60 Td (Contract) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.52 267.60 Td ( ) Tj ET Q q 0 0 0 rg BT 252.48 267.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.81 267.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 277.77 267.60 Td (2018-15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 267.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 318.89 267.60 Td (which ) Tj ET Q q 0 0 0 rg BT 345.29 267.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 379.45 267.60 Td (entities ) Tj ET Q q 0 0 0 rg BT 410.29 267.60 Td (to ) Tj ET Q q 0 0 0 rg BT 420.02 267.60 Td (defer ) Tj ET Q q 0 0 0 rg BT 442.52 267.60 Td (implementation ) Tj ET Q q 0 0 0 rg BT 507.24 267.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 529.20 267.60 Td (incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.60 Td (that ) Tj ET Q q 0 0 0 rg BT 68.39 255.60 Td (are ) Tj ET Q q 0 0 0 rg BT 84.50 255.60 Td (related ) Tj ET Q q 0 0 0 rg BT 115.60 255.60 Td (to ) Tj ET Q q 0 0 0 rg BT 127.27 255.60 Td (the ) Tj ET Q q 0 0 0 rg BT 143.38 255.60 Td (application ) Tj ET Q q 0 0 0 rg BT 191.71 255.60 Td (development ) Tj ET Q q 0 0 0 rg BT 247.26 255.60 Td (stage ) Tj ET Q q 0 0 0 rg BT 271.70 255.60 Td (in ) Tj ET Q q 0 0 0 rg BT 283.38 255.60 Td (a ) Tj ET Q q 0 0 0 rg BT 291.71 255.60 Td (cloud ) Tj ET Q q 0 0 0 rg BT 317.83 255.60 Td (computing ) Tj ET Q q 0 0 0 rg BT 364.50 255.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 418.36 255.60 Td (that ) Tj ET Q q 0 0 0 rg BT 437.26 255.60 Td (is ) Tj ET Q q 0 0 0 rg BT 447.82 255.60 Td (a ) Tj ET Q q 0 0 0 rg BT 456.16 255.60 Td (service ) Tj ET Q q 0 0 0 rg BT 488.37 255.60 Td (contract. ) Tj ET Q q 0 0 0 rg BT 526.97 255.60 Td (Deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.60 Td (implementation ) Tj ET Q q 0 0 0 rg BT 114.42 243.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 136.58 243.60 Td (will ) Tj ET Q q 0 0 0 rg BT 154.29 243.60 Td (be ) Tj ET Q q 0 0 0 rg BT 165.88 243.60 Td (amortized ) Tj ET Q q 0 0 0 rg BT 208.02 243.60 Td (over ) Tj ET Q q 0 0 0 rg BT 227.94 243.60 Td (the ) Tj ET Q q 0 0 0 rg BT 242.31 243.60 Td (term ) Tj ET Q q 0 0 0 rg BT 262.80 243.60 Td (of ) Tj ET Q q 0 0 0 rg BT 273.28 243.60 Td (the ) Tj ET Q q 0 0 0 rg BT 287.65 243.60 Td (cloud ) Tj ET Q q 0 0 0 rg BT 312.03 243.60 Td (computing ) Tj ET Q q 0 0 0 rg BT 356.96 243.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 409.08 243.60 Td (and ) Tj ET Q q 0 0 0 rg BT 425.68 243.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 466.15 243.60 Td (in ) Tj ET Q q 0 0 0 rg BT 476.08 243.60 Td (the ) Tj ET Q q 0 0 0 rg BT 490.45 243.60 Td (same ) Tj ET Q q 0 0 0 rg BT 513.16 243.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 547.52 243.60 Td (line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.60 Td (item ) Tj ET Q q 0 0 0 rg BT 69.55 231.60 Td (as ) Tj ET Q q 0 0 0 rg BT 80.16 231.60 Td (the ) Tj ET Q q 0 0 0 rg BT 94.65 231.60 Td (cloud ) Tj ET Q q 0 0 0 rg BT 119.15 231.60 Td (computing ) Tj ET Q q 0 0 0 rg BT 164.20 231.60 Td (arrangement. ) Tj ET Q q 0 0 0 rg BT 218.45 231.60 Td (All ) Tj ET Q q 0 0 0 rg BT 233.50 231.60 Td (other ) Tj ET Q q 0 0 0 rg BT 256.33 231.60 Td (implementation ) Tj ET Q q 0 0 0 rg BT 321.37 231.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 343.65 231.60 Td (will ) Tj ET Q q 0 0 0 rg BT 361.48 231.60 Td (be ) Tj ET Q q 0 0 0 rg BT 373.20 231.60 Td (expensed ) Tj ET Q q 0 0 0 rg BT 412.68 231.60 Td (as ) Tj ET Q q 0 0 0 rg BT 423.29 231.60 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 460.88 231.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 483.16 231.60 Td (2018-15 ) Tj ET Q q 0 0 0 rg BT 518.77 231.60 Td (is ) Tj ET Q q 0 0 0 rg BT 527.72 231.60 Td (ef) Tj ET Q q 0 0 0 rg BT 535.31 231.60 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.60 Td (for ) Tj ET Q q 0 0 0 rg BT 64.01 219.60 Td (annual ) Tj ET Q q 0 0 0 rg BT 93.51 219.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 133.02 219.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 165.31 219.60 Td (beginning ) Tj ET Q q 0 0 0 rg BT 208.15 219.60 Td (after ) Tj ET Q q 0 0 0 rg BT 229.31 219.60 Td (December ) Tj ET Q q 0 0 0 rg BT 273.25 219.60 Td (15, ) Tj ET Q q 0 0 0 rg BT 288.60 219.60 Td (2019, ) Tj ET Q q 0 0 0 rg BT 313.95 219.60 Td (including ) Tj ET Q q 0 0 0 rg BT 354.57 219.60 Td (interim ) Tj ET Q q 0 0 0 rg BT 386.30 219.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 418.59 219.60 Td (within ) Tj ET Q q 0 0 0 rg BT 446.99 219.60 Td (those ) Tj ET Q q 0 0 0 rg BT 470.95 219.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 495.45 219.60 Td (years, ) Tj ET Q q 0 0 0 rg BT 521.90 219.60 Td (with ) Tj ET Q q 0 0 0 rg BT 542.53 219.60 Td (early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 87.00 207.60 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 130.13 207.60 Td (W) Tj ET Q q 0 0 0 rg BT 138.77 207.60 Td (e ) Tj ET Q q 0 0 0 rg BT 145.71 207.60 Td (are ) Tj ET Q q 0 0 0 rg BT 160.42 207.60 Td (currently ) Tj ET Q q 0 0 0 rg BT 199.01 207.60 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 243.16 207.60 Td (the ) Tj ET Q q 0 0 0 rg BT 257.88 207.60 Td (ef) Tj ET Q q 0 0 0 rg BT 265.47 207.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 282.95 207.60 Td (that ) Tj ET Q q 0 0 0 rg BT 299.90 207.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 322.40 207.60 Td (2018-15 ) Tj ET Q q 0 0 0 rg BT 358.23 207.60 Td (will ) Tj ET Q q 0 0 0 rg BT 376.29 207.60 Td (have ) Tj ET Q q 0 0 0 rg BT 397.66 207.60 Td (on ) Tj ET Q q 0 0 0 rg BT 410.16 207.60 Td (our ) Tj ET Q q 0 0 0 rg BT 425.99 207.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 479.04 207.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 516.52 207.60 Td (statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 183.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 183.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 183.60 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 182.03505859375002 m 263.7216796875 182.03505859375002 l s q 0 0 0 rg BT 76.50 183.60 Td (Summary of Significant ) Tj ET Q q 0 0 0 rg BT 180.12 183.60 Td (Accounting Policies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 159.60 Td (Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 135.60 Td (The ) Tj ET Q q 0 0 0 rg BT 87.67 135.60 Td (preparation ) Tj ET Q q 0 0 0 rg BT 137.83 135.60 Td (of ) Tj ET Q q 0 0 0 rg BT 150.79 135.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 190.39 135.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 237.23 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 249.64 135.60 Td (conformity ) Tj ET Q q 0 0 0 rg BT 298.70 135.60 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.10 135.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 343.51 135.60 Td (GAAP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.36 135.60 Td ( ) Tj ET Q q 0 0 0 rg BT 374.99 135.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 411.82 135.60 Td (management ) Tj ET Q q 0 0 0 rg BT 467.54 135.60 Td (to ) Tj ET Q q 0 0 0 rg BT 479.94 135.60 Td (make ) Tj ET Q q 0 0 0 rg BT 506.22 135.60 Td (estimates ) Tj ET Q q 0 0 0 rg BT 548.06 135.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.60 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 100.73 123.60 Td (that ) Tj ET Q q 0 0 0 rg BT 117.50 123.60 Td (af) Tj ET Q q 0 0 0 rg BT 125.09 123.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 141.85 123.60 Td (the ) Tj ET Q q 0 0 0 rg BT 155.85 123.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 190.94 123.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 226.61 123.60 Td (of ) Tj ET Q q 0 0 0 rg BT 236.72 123.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 261.83 123.60 Td (and ) Tj ET Q q 0 0 0 rg BT 278.04 123.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 317.04 123.60 Td (at ) Tj ET Q q 0 0 0 rg BT 326.03 123.60 Td (the ) Tj ET Q q 0 0 0 rg BT 340.03 123.60 Td (date ) Tj ET Q q 0 0 0 rg BT 358.46 123.60 Td (of ) Tj ET Q q 0 0 0 rg BT 368.57 123.60 Td (the ) Tj ET Q q 0 0 0 rg BT 382.57 123.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 419.33 123.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 463.32 123.60 Td (and ) Tj ET Q q 0 0 0 rg BT 479.54 123.60 Td (the ) Tj ET Q q 0 0 0 rg BT 493.53 123.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 528.63 123.60 Td (amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 111.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.39 111.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 94.59 111.60 Td (and ) Tj ET Q q 0 0 0 rg BT 111.59 111.60 Td (expenses ) Tj ET Q q 0 0 0 rg BT 150.24 111.60 Td (during ) Tj ET Q q 0 0 0 rg BT 178.91 111.60 Td (the ) Tj ET Q q 0 0 0 rg BT 193.68 111.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 232.90 111.60 Td (period. ) Tj ET Q q 0 0 0 rg BT 263.50 111.60 Td (Estimates ) Tj ET Q q 0 0 0 rg BT 304.94 111.60 Td (and ) Tj ET Q q 0 0 0 rg BT 321.94 111.60 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 373.94 111.60 Td (are ) Tj ET Q q 0 0 0 rg BT 388.71 111.60 Td (used ) Tj ET Q q 0 0 0 rg BT 409.59 111.60 Td (in ) Tj ET Q q 0 0 0 rg BT 419.93 111.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 466.36 111.60 Td (for) Tj ET Q q 0 0 0 rg BT 477.62 111.60 Td (, ) Tj ET Q q 0 0 0 rg BT 482.68 111.60 Td (among ) Tj ET Q q 0 0 0 rg BT 512.45 111.60 Td (other ) Tj ET Q q 0 0 0 rg BT 535.56 111.60 Td (things, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.60 Td (the ) Tj ET Q q 0 0 0 rg BT 64.58 99.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 104.66 99.60 Td (of ) Tj ET Q q 0 0 0 rg BT 115.86 99.60 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 193.14 99.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 219.33 99.60 Td (and ) Tj ET Q q 0 0 0 rg BT 236.64 99.60 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 279.22 99.60 Td (allowances ) Tj ET Q q 0 0 0 rg BT 326.51 99.60 Td (for ) Tj ET Q q 0 0 0 rg BT 341.04 99.60 Td (uncollectible ) Tj ET Q q 0 0 0 rg BT 395.55 99.60 Td (accounts, ) Tj ET Q q 0 0 0 rg BT 435.90 99.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 465.97 99.60 Td (components ) Tj ET Q q 0 0 0 rg BT 517.16 99.60 Td (of ) Tj ET Q q 0 0 0 rg BT 528.36 99.60 Td (revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 87.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 107.48 87.60 Td (and ) Tj ET Q q 0 0 0 rg BT 125.46 87.60 Td (copyright ) Tj ET Q q 0 0 0 rg BT 167.32 87.60 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 209.46 87.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 246.31 87.60 Td (income ) Tj ET Q q 0 0 0 rg BT 279.28 87.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 303.37 87.60 Td (and ) Tj ET Q q 0 0 0 rg BT 321.35 87.60 Td (related ) Tj ET Q q 0 0 0 rg BT 352.10 87.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 392.85 87.60 Td (allowances, ) Tj ET Q q 0 0 0 rg BT 443.31 87.60 Td (loss ) Tj ET Q q 0 0 0 rg BT 462.42 87.60 Td (contingencies, ) Tj ET Q q 0 0 0 rg BT 523.44 87.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 540.86 87.60 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 75.60 Td (measurements, ) Tj ET Q q 0 0 0 rg BT 112.36 75.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 161.61 75.60 Td (assessments, ) Tj ET Q q 0 0 0 rg BT 215.59 75.60 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 272.61 75.60 Td (of ) Tj ET Q q 0 0 0 rg BT 284.09 75.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 317.79 75.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 340.95 75.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 385.19 75.60 Td (with ) Tj ET Q q 0 0 0 rg BT 406.13 75.60 Td (construction ) Tj ET Q q 0 0 0 rg BT 458.71 75.60 Td (and ) Tj ET Q q 0 0 0 rg BT 476.31 75.60 Td (installation ) Tj ET Q q 0 0 0 rg BT 523.90 75.60 Td (activities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 63.60 Td (useful ) Tj ET Q q 0 0 0 rg BT 76.44 63.60 Td (lives ) Tj ET Q q 0 0 0 rg BT 97.83 63.60 Td (of ) Tj ET Q q 0 0 0 rg BT 108.66 63.60 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 152.26 63.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 180.59 63.60 Td (and ) Tj ET Q q 0 0 0 rg BT 197.53 63.60 Td (share-based ) Tj ET Q q 0 0 0 rg BT 247.22 63.60 Td (compensation. ) Tj ET Q q 0 0 0 rg BT 307.21 63.60 Td (Actual ) Tj ET Q q 0 0 0 rg BT 336.37 63.60 Td (results ) Tj ET Q q 0 0 0 rg BT 364.98 63.60 Td (could ) Tj ET Q q 0 0 0 rg BT 389.70 63.60 Td (dif) Tj ET Q q 0 0 0 rg BT 400.62 63.60 Td (fer ) Tj ET Q q 0 0 0 rg BT 414.22 63.60 Td (from ) Tj ET Q q 0 0 0 rg BT 436.16 63.60 Td (those ) Tj ET Q q 0 0 0 rg BT 459.77 63.60 Td (estimates.) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-39) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 687.75 Td (Reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 663.75 Td (Certain ) Tj ET Q q 0 0 0 rg BT 99.43 663.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 121.37 663.75 Td (year ) Tj ET Q q 0 0 0 rg BT 141.08 663.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 177.47 663.75 Td (have ) Tj ET Q q 0 0 0 rg BT 198.84 663.75 Td (been ) Tj ET Q q 0 0 0 rg BT 220.22 663.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 268.25 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 278.53 663.75 Td (conform ) Tj ET Q q 0 0 0 rg BT 314.91 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 325.19 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 339.90 663.75 Td (current ) Tj ET Q q 0 0 0 rg BT 370.72 663.75 Td (year ) Tj ET Q q 0 0 0 rg BT 390.42 663.75 Td (presentation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 639.75 Td (Principles ) Tj ET Q q 0 0 0 rg BT 102.67 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 113.50 639.75 Td (Consolidation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 615.75 Td (The ) Tj ET Q q 0 0 0 rg BT 84.76 615.75 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 144.78 615.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 197.04 615.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 233.73 615.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 277.66 615.75 Td (include ) Tj ET Q q 0 0 0 rg BT 308.80 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 323.85 615.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 360.54 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.70 615.75 Td (the ) Tj ET Q q 0 0 0 rg BT 390.63 615.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 427.32 615.75 Td (of ) Tj ET Q q 0 0 0 rg BT 437.37 615.75 Td (all ) Tj ET Q q 0 0 0 rg BT 449.07 615.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 476.34 615.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 507.49 615.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 538.08 615.75 Td (where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 603.75 Td (we ) Tj ET Q q 0 0 0 rg BT 63.99 603.75 Td (exercise ) Tj ET Q q 0 0 0 rg BT 99.58 603.75 Td (a ) Tj ET Q q 0 0 0 rg BT 106.85 603.75 Td (controlling ) Tj ET Q q 0 0 0 rg BT 153.56 603.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 191.37 603.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 223.63 603.75 Td (through ) Tj ET Q q 0 0 0 rg BT 257.57 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 272.62 603.75 Td (ownership ) Tj ET Q q 0 0 0 rg BT 317.11 603.75 Td (of ) Tj ET Q q 0 0 0 rg BT 328.27 603.75 Td (a ) Tj ET Q q 0 0 0 rg BT 335.54 603.75 Td (direct ) Tj ET Q q 0 0 0 rg BT 361.14 603.75 Td (or ) Tj ET Q q 0 0 0 rg BT 372.30 603.75 Td (indirect ) Tj ET Q q 0 0 0 rg BT 405.67 603.75 Td (controlling ) Tj ET Q q 0 0 0 rg BT 452.39 603.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 480.77 603.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 513.04 603.75 Td (and ) Tj ET Q q 0 0 0 rg BT 530.31 603.75 Td (variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.80 591.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 113.55 591.75 Td (for ) Tj ET Q q 0 0 0 rg BT 128.07 591.75 Td (which ) Tj ET Q q 0 0 0 rg BT 155.38 591.75 Td (our ) Tj ET Q q 0 0 0 rg BT 171.57 591.75 Td (company ) Tj ET Q q 0 0 0 rg BT 211.09 591.75 Td (is ) Tj ET Q q 0 0 0 rg BT 220.63 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 235.71 591.75 Td (primary ) Tj ET Q q 0 0 0 rg BT 270.23 591.75 Td (beneficiary) Tj ET Q q 0 0 0 rg BT 314.55 591.75 Td (. ) Tj ET Q q 0 0 0 rg BT 319.28 591.75 Td (All ) Tj ET Q q 0 0 0 rg BT 334.93 591.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 380.00 591.75 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 437.85 591.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 475.70 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.00 591.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 543.63 591.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.75 Td (been ) Tj ET Q q 0 0 0 rg BT 70.88 579.75 Td (eliminated ) Tj ET Q q 0 0 0 rg BT 115.58 579.75 Td (in ) Tj ET Q q 0 0 0 rg BT 125.86 579.75 Td (consolidation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 555.75 Td (Cash ) Tj ET Q q 0 0 0 rg BT 82.12 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 100.18 555.75 Td (Cash ) Tj ET Q q 0 0 0 rg BT 123.81 555.75 Td (Equivalents ) Tj ET Q q 0 0 0 rg BT 175.20 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 193.27 555.75 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 236.87 555.75 Td (Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 531.75 Td (Cash ) Tj ET Q q 0 0 0 rg BT 88.99 531.75 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 136.02 531.75 Td (consist ) Tj ET Q q 0 0 0 rg BT 165.29 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 175.11 531.75 Td (money ) Tj ET Q q 0 0 0 rg BT 203.81 531.75 Td (market ) Tj ET Q q 0 0 0 rg BT 233.07 531.75 Td (funds ) Tj ET Q q 0 0 0 rg BT 256.78 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 272.71 531.75 Td (other ) Tj ET Q q 0 0 0 rg BT 294.74 531.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 344.00 531.75 Td (that ) Tj ET Q q 0 0 0 rg BT 360.49 531.75 Td (are ) Tj ET Q q 0 0 0 rg BT 374.18 531.75 Td (readily ) Tj ET Q q 0 0 0 rg BT 403.44 531.75 Td (convertible ) Tj ET Q q 0 0 0 rg BT 449.91 531.75 Td (into ) Tj ET Q q 0 0 0 rg BT 466.95 531.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 486.21 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 502.14 531.75 Td (have ) Tj ET Q q 0 0 0 rg BT 522.50 531.75 Td (maturities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.19 519.75 Td (three ) Tj ET Q q 0 0 0 rg BT 82.54 519.75 Td (months ) Tj ET Q q 0 0 0 rg BT 114.35 519.75 Td (or ) Tj ET Q q 0 0 0 rg BT 125.04 519.75 Td (less ) Tj ET Q q 0 0 0 rg BT 142.40 519.75 Td (at ) Tj ET Q q 0 0 0 rg BT 151.98 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 166.55 519.75 Td (time ) Tj ET Q q 0 0 0 rg BT 186.69 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 197.38 519.75 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 245.95 519.75 Td (W) Tj ET Q q 0 0 0 rg BT 254.59 519.75 Td (e ) Tj ET Q q 0 0 0 rg BT 261.39 519.75 Td (record ) Tj ET Q q 0 0 0 rg BT 289.29 519.75 Td (money ) Tj ET Q q 0 0 0 rg BT 318.86 519.75 Td (market ) Tj ET Q q 0 0 0 rg BT 348.99 519.75 Td (funds ) Tj ET Q q 0 0 0 rg BT 373.57 519.75 Td (at ) Tj ET Q q 0 0 0 rg BT 383.15 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 397.73 519.75 Td (net ) Tj ET Q q 0 0 0 rg BT 412.30 519.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 434.10 519.75 Td (value ) Tj ET Q q 0 0 0 rg BT 458.12 519.75 Td (as ) Tj ET Q q 0 0 0 rg BT 468.81 519.75 Td (there ) Tj ET Q q 0 0 0 rg BT 491.16 519.75 Td (are ) Tj ET Q q 0 0 0 rg BT 505.72 519.75 Td (no ) Tj ET Q q 0 0 0 rg BT 518.08 519.75 Td (restrictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.75 Td (on ) Tj ET Q q 0 0 0 rg BT 62.00 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 77.83 507.75 Td (ability) Tj ET Q q 0 0 0 rg BT 102.73 507.75 Td (, ) Tj ET Q q 0 0 0 rg BT 107.73 507.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 154.65 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 165.48 507.75 Td (otherwise, ) Tj ET Q q 0 0 0 rg BT 209.36 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 219.64 507.75 Td (redeem ) Tj ET Q q 0 0 0 rg BT 251.56 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 267.39 507.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 317.66 507.75 Td (at ) Tj ET Q q 0 0 0 rg BT 327.38 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 342.10 507.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 367.92 507.75 Td (net ) Tj ET Q q 0 0 0 rg BT 382.64 507.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 404.58 507.75 Td (value. ) Tj ET Q q 0 0 0 rg BT 431.23 507.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 483.75 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 110.35 483.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 130.43 483.75 Td (consists ) Tj ET Q q 0 0 0 rg BT 164.41 483.75 Td (of ) Tj ET Q q 0 0 0 rg BT 175.04 483.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 195.12 483.75 Td (held ) Tj ET Q q 0 0 0 rg BT 214.65 483.75 Td (in ) Tj ET Q q 0 0 0 rg BT 224.73 483.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 264.25 483.75 Td (accounts, ) Tj ET Q q 0 0 0 rg BT 304.04 483.75 Td (including ) Tj ET Q q 0 0 0 rg BT 344.12 483.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 364.20 483.75 Td (held ) Tj ET Q q 0 0 0 rg BT 383.72 483.75 Td (as ) Tj ET Q q 0 0 0 rg BT 394.36 483.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 433.87 483.75 Td (for ) Tj ET Q q 0 0 0 rg BT 447.84 483.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 467.36 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 484.11 483.75 Td (other ) Tj ET Q q 0 0 0 rg BT 506.96 483.75 Td (compensating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.75 Td (balances. ) Tj ET Q q 0 0 0 rg BT 88.77 471.75 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 131.66 471.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 151.77 471.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 188.01 471.75 Td (that ) Tj ET Q q 0 0 0 rg BT 205.35 471.75 Td (are ) Tj ET Q q 0 0 0 rg BT 219.90 471.75 Td (required ) Tj ET Q q 0 0 0 rg BT 255.56 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 265.69 471.75 Td (be ) Tj ET Q q 0 0 0 rg BT 277.47 471.75 Td (used ) Tj ET Q q 0 0 0 rg BT 298.15 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 308.27 471.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 346.16 471.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 387.94 471.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 413.61 471.75 Td (or ) Tj ET Q q 0 0 0 rg BT 424.29 471.75 Td (repay ) Tj ET Q q 0 0 0 rg BT 448.84 471.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 490.62 471.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 510.18 471.75 Td (are ) Tj ET Q q 0 0 0 rg BT 524.74 471.75 Td (classified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.75 Td (as ) Tj ET Q q 0 0 0 rg BT 60.74 459.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 103.09 459.75 Td (assets. ) Tj ET Q q 0 0 0 rg BT 131.19 459.75 Td (All ) Tj ET Q q 0 0 0 rg BT 146.88 459.75 Td (other ) Tj ET Q q 0 0 0 rg BT 170.35 459.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 191.03 459.75 Td (that ) Tj ET Q q 0 0 0 rg BT 208.94 459.75 Td (is ) Tj ET Q q 0 0 0 rg BT 218.52 459.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 258.64 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 269.33 459.75 Td (a ) Tj ET Q q 0 0 0 rg BT 276.68 459.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 310.69 459.75 Td (use ) Tj ET Q q 0 0 0 rg BT 326.93 459.75 Td (is ) Tj ET Q q 0 0 0 rg BT 336.52 459.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 377.20 459.75 Td (as ) Tj ET Q q 0 0 0 rg BT 388.44 459.75 Td (current ) Tj ET Q q 0 0 0 rg BT 419.67 459.75 Td (or ) Tj ET Q q 0 0 0 rg BT 430.91 459.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 473.26 459.75 Td (based ) Tj ET Q q 0 0 0 rg BT 498.94 459.75 Td (on ) Tj ET Q q 0 0 0 rg BT 511.86 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 526.99 459.75 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 78.11 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 88.94 447.75 Td (the ) Tj ET Q q 0 0 0 rg BT 103.66 447.75 Td (disbursement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 423.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.18 423.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 129.53 423.75 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 167.76 423.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 206.55 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 223.12 423.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 263.02 423.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 301.25 423.75 Td (are ) Tj ET Q q 0 0 0 rg BT 315.59 423.75 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 354.93 423.75 Td (in ) Tj ET Q q 0 0 0 rg BT 364.84 423.75 Td (our ) Tj ET Q q 0 0 0 rg BT 380.31 423.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 432.98 423.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 477.32 423.75 Td (of ) Tj ET Q q 0 0 0 rg BT 487.78 423.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 514.91 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 531.48 423.75 Td (in ) Tj ET Q q 0 0 0 rg BT 541.39 423.75 Td (notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.75 Td (8, ) Tj ET Q q 0 0 0 rg BT 59.50 411.75 Td (9 ) Tj ET Q q 0 0 0 rg BT 67.00 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 83.94 411.75 Td (1) Tj ET Q q 0 0 0 rg BT 88.57 411.75 Td (1.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 387.75 Td (Cash ) Tj ET Q q 0 0 0 rg BT 82.12 387.75 Td (Flow ) Tj ET Q q 0 0 0 rg BT 105.74 387.75 Td (Statement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 363.75 Td (For ) Tj ET Q q 0 0 0 rg BT 83.93 363.75 Td (purposes ) Tj ET Q q 0 0 0 rg BT 122.02 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 132.89 363.75 Td (determining ) Tj ET Q q 0 0 0 rg BT 183.75 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 198.51 363.75 Td (classification ) Tj ET Q q 0 0 0 rg BT 253.80 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 264.67 363.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 284.98 363.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 309.74 363.75 Td (in ) Tj ET Q q 0 0 0 rg BT 320.06 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 335.93 363.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 389.01 363.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 433.76 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 444.63 363.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 464.94 363.75 Td (flows, ) Tj ET Q q 0 0 0 rg BT 492.20 363.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 524.17 363.75 Td (payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.75 Td (or ) Tj ET Q q 0 0 0 rg BT 60.55 351.75 Td (receipts ) Tj ET Q q 0 0 0 rg BT 94.37 351.75 Td (for ) Tj ET Q q 0 0 0 rg BT 108.75 351.75 Td (related-party ) Tj ET Q q 0 0 0 rg BT 162.55 351.75 Td (loans ) Tj ET Q q 0 0 0 rg BT 186.38 351.75 Td (are ) Tj ET Q q 0 0 0 rg BT 201.31 351.75 Td (included ) Tj ET Q q 0 0 0 rg BT 238.47 351.75 Td (as ) Tj ET Q q 0 0 0 rg BT 249.52 351.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 270.01 351.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 294.95 351.75 Td (from ) Tj ET Q q 0 0 0 rg BT 317.11 351.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 357.60 351.75 Td (activities. ) Tj ET Q q 0 0 0 rg BT 398.92 351.75 Td (Interest-bearing ) Tj ET Q q 0 0 0 rg BT 464.94 351.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 485.44 351.75 Td (advances ) Tj ET Q q 0 0 0 rg BT 524.80 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 535.30 351.75 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.75 Td (parties ) Tj ET Q q 0 0 0 rg BT 78.31 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 94.90 339.75 Td (repayments ) Tj ET Q q 0 0 0 rg BT 143.14 339.75 Td (thereof ) Tj ET Q q 0 0 0 rg BT 173.61 339.75 Td (are ) Tj ET Q q 0 0 0 rg BT 187.97 339.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 227.89 339.75 Td (as ) Tj ET Q q 0 0 0 rg BT 238.37 339.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 277.19 339.75 Td (activities. ) Tj ET Q q 0 0 0 rg BT 317.46 339.75 Td (All ) Tj ET Q q 0 0 0 rg BT 332.39 339.75 Td (other ) Tj ET Q q 0 0 0 rg BT 355.09 339.75 Td (related-party ) Tj ET Q q 0 0 0 rg BT 408.32 339.75 Td (borrowings, ) Tj ET Q q 0 0 0 rg BT 458.53 339.75 Td (advances, ) Tj ET Q q 0 0 0 rg BT 499.83 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 516.42 339.75 Td (repayments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.75 Td (are ) Tj ET Q q 0 0 0 rg BT 64.21 327.75 Td (reflected ) Tj ET Q q 0 0 0 rg BT 101.68 327.75 Td (as ) Tj ET Q q 0 0 0 rg BT 112.51 327.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 152.77 327.75 Td (activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 303.75 Td (For ) Tj ET Q q 0 0 0 rg BT 83.87 303.75 Td (purposes ) Tj ET Q q 0 0 0 rg BT 121.90 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 132.70 303.75 Td (our ) Tj ET Q q 0 0 0 rg BT 148.51 303.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 201.53 303.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 246.22 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 257.03 303.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 277.27 303.75 Td (flows, ) Tj ET Q q 0 0 0 rg BT 304.47 303.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 343.05 303.75 Td (financed ) Tj ET Q q 0 0 0 rg BT 379.95 303.75 Td (by ) Tj ET Q q 0 0 0 rg BT 392.42 303.75 Td (an ) Tj ET Q q 0 0 0 rg BT 404.34 303.75 Td (intermediary ) Tj ET Q q 0 0 0 rg BT 457.91 303.75 Td (are ) Tj ET Q q 0 0 0 rg BT 472.59 303.75 Td (treated ) Tj ET Q q 0 0 0 rg BT 502.27 303.75 Td (as ) Tj ET Q q 0 0 0 rg BT 513.08 303.75 Td (hypothetical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 89.90 291.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 110.31 291.75 Td (outflows ) Tj ET Q q 0 0 0 rg BT 147.95 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 165.03 291.75 Td (hypothetical ) Tj ET Q q 0 0 0 rg BT 217.10 291.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 257.51 291.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 277.92 291.75 Td (inflows ) Tj ET Q q 0 0 0 rg BT 310.56 291.75 Td (when ) Tj ET Q q 0 0 0 rg BT 334.86 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 349.71 291.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 388.45 291.75 Td (are ) Tj ET Q q 0 0 0 rg BT 403.30 291.75 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 441.57 291.75 Td (When ) Tj ET Q q 0 0 0 rg BT 468.08 291.75 Td (we ) Tj ET Q q 0 0 0 rg BT 482.39 291.75 Td (pay ) Tj ET Q q 0 0 0 rg BT 499.46 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 514.32 291.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 554.73 291.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.75 Td (an ) Tj ET Q q 0 0 0 rg BT 61.44 279.75 Td (intermediary) Tj ET Q q 0 0 0 rg BT 111.88 279.75 Td (, ) Tj ET Q q 0 0 0 rg BT 116.88 279.75 Td (we ) Tj ET Q q 0 0 0 rg BT 131.04 279.75 Td (record ) Tj ET Q q 0 0 0 rg BT 159.08 279.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 199.34 279.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 219.61 279.75 Td (outflows ) Tj ET Q q 0 0 0 rg BT 257.11 279.75 Td (in ) Tj ET Q q 0 0 0 rg BT 267.39 279.75 Td (our ) Tj ET Q q 0 0 0 rg BT 283.22 279.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 336.26 279.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 380.97 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 391.80 279.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 412.07 279.75 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 255.75 Td (From ) Tj ET Q q 0 0 0 rg BT 92.12 255.75 Td (time ) Tj ET Q q 0 0 0 rg BT 112.85 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 123.58 255.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 146.81 255.75 Td (we ) Tj ET Q q 0 0 0 rg BT 161.42 255.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 184.37 255.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 204.54 255.75 Td (for ) Tj ET Q q 0 0 0 rg BT 219.16 255.75 Td (which ) Tj ET Q q 0 0 0 rg BT 246.55 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 261.72 255.75 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 300.21 255.75 Td (are ) Tj ET Q q 0 0 0 rg BT 315.37 255.75 Td (included ) Tj ET Q q 0 0 0 rg BT 352.76 255.75 Td (in ) Tj ET Q q 0 0 0 rg BT 363.49 255.75 Td (escrow) Tj ET Q q 0 0 0 rg BT 391.16 255.75 Td (. ) Tj ET Q q 0 0 0 rg BT 396.40 255.75 Td (W) Tj ET Q q 0 0 0 rg BT 405.04 255.75 Td (e ) Tj ET Q q 0 0 0 rg BT 412.43 255.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 440.91 255.75 Td (these ) Tj ET Q q 0 0 0 rg BT 464.41 255.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 515.13 255.75 Td (as ) Tj ET Q q 0 0 0 rg BT 526.41 255.75 Td (non-cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.75 Td (financings ) Tj ET Q q 0 0 0 rg BT 93.66 243.75 Td (in ) Tj ET Q q 0 0 0 rg BT 103.93 243.75 Td (our ) Tj ET Q q 0 0 0 rg BT 119.76 243.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 172.81 243.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 210.29 243.75 Td (statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 219.75 Td (T) Tj ET Q q 0 0 0 rg BT 64.24 219.75 Td (rade ) Tj ET Q q 0 0 0 rg BT 85.07 219.75 Td (Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 195.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.71 195.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 108.35 195.75 Td (receivables ) Tj ET Q q 0 0 0 rg BT 155.98 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 170.85 195.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 206.82 195.75 Td (net ) Tj ET Q q 0 0 0 rg BT 221.70 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 232.69 195.75 Td (an ) Tj ET Q q 0 0 0 rg BT 244.79 195.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 287.98 195.75 Td (for ) Tj ET Q q 0 0 0 rg BT 302.29 195.75 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 338.84 195.75 Td (accounts. ) Tj ET Q q 0 0 0 rg BT 378.98 195.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 401.64 195.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 444.83 195.75 Td (aggregated ) Tj ET Q q 0 0 0 rg BT 491.35 195.75 Td (30.6 ) Tj ET Q q 0 0 0 rg BT 516.51 195.75 Td (million ) Tj ET Q q 0 0 0 rg BT 548.06 195.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.75 Td (46.0 ) Tj ET Q q 0 0 0 rg BT 74.90 183.75 Td (million ) Tj ET Q q 0 0 0 rg BT 106.70 183.75 Td (at ) Tj ET Q q 0 0 0 rg BT 116.82 183.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 175.81 183.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 198.71 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.06 183.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 241.46 183.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 289.12 183.75 Td (. ) Tj ET Q q 0 0 0 rg BT 294.32 183.75 Td (The ) Tj ET Q q 0 0 0 rg BT 312.77 183.75 Td (January ) Tj ET Q q 0 0 0 rg BT 346.77 183.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 357.17 183.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 380.08 183.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 417.98 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 428.57 183.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 451.48 183.75 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 487.72 183.75 Td (did ) Tj ET Q q 0 0 0 rg BT 503.40 183.75 Td (not ) Tj ET Q q 0 0 0 rg BT 519.08 183.75 Td (change ) Tj ET Q q 0 0 0 rg BT 550.30 183.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 82.83 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 93.95 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 110.08 171.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 153.41 171.75 Td (for ) Tj ET Q q 0 0 0 rg BT 167.86 171.75 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 204.54 171.75 Td (accounts. ) Tj ET Q q 0 0 0 rg BT 244.62 171.75 Td (The ) Tj ET Q q 0 0 0 rg BT 262.96 171.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 306.29 171.75 Td (for ) Tj ET Q q 0 0 0 rg BT 320.75 171.75 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 357.43 171.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 395.21 171.75 Td (is ) Tj ET Q q 0 0 0 rg BT 404.68 171.75 Td (based ) Tj ET Q q 0 0 0 rg BT 430.24 171.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 453.04 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 469.16 171.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 516.40 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 527.52 171.75 Td (probable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 67.07 159.75 Td (related ) Tj ET Q q 0 0 0 rg BT 96.27 159.75 Td (to ) Tj ET Q q 0 0 0 rg BT 106.06 159.75 Td (uncollectible ) Tj ET Q q 0 0 0 rg BT 159.71 159.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 196.69 159.75 Td (receivable. ) Tj ET Q q 0 0 0 rg BT 242.13 159.75 Td (W) Tj ET Q q 0 0 0 rg BT 250.77 159.75 Td (e ) Tj ET Q q 0 0 0 rg BT 257.21 159.75 Td (use ) Tj ET Q q 0 0 0 rg BT 272.55 159.75 Td (a ) Tj ET Q q 0 0 0 rg BT 278.99 159.75 Td (number ) Tj ET Q q 0 0 0 rg BT 311.54 159.75 Td (of ) Tj ET Q q 0 0 0 rg BT 321.88 159.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 351.09 159.75 Td (in ) Tj ET Q q 0 0 0 rg BT 360.87 159.75 Td (determining ) Tj ET Q q 0 0 0 rg BT 411.20 159.75 Td (the ) Tj ET Q q 0 0 0 rg BT 425.42 159.75 Td (allowance, ) Tj ET Q q 0 0 0 rg BT 470.45 159.75 Td (including, ) Tj ET Q q 0 0 0 rg BT 512.73 159.75 Td (among ) Tj ET Q q 0 0 0 rg BT 541.95 159.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.75 Td (things, ) Tj ET Q q 0 0 0 rg BT 79.97 147.75 Td (collection ) Tj ET Q q 0 0 0 rg BT 122.93 147.75 Td (trends, ) Tj ET Q q 0 0 0 rg BT 153.39 147.75 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 197.46 147.75 Td (and ) Tj ET Q q 0 0 0 rg BT 215.42 147.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 262.81 147.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 305.21 147.75 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 352.90 147.75 Td (and ) Tj ET Q q 0 0 0 rg BT 370.86 147.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 405.48 147.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 445.66 147.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 471.94 147.75 Td (risk. ) Tj ET Q q 0 0 0 rg BT 492.71 147.75 Td (The ) Tj ET Q q 0 0 0 rg BT 511.79 147.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 555.84 147.75 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.75 Td (maintained ) Tj ET Q q 0 0 0 rg BT 96.43 135.75 Td (until ) Tj ET Q q 0 0 0 rg BT 117.26 135.75 Td (either ) Tj ET Q q 0 0 0 rg BT 142.53 135.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 179.46 135.75 Td (is ) Tj ET Q q 0 0 0 rg BT 188.63 135.75 Td (received ) Tj ET Q q 0 0 0 rg BT 224.99 135.75 Td (or ) Tj ET Q q 0 0 0 rg BT 235.82 135.75 Td (the ) Tj ET Q q 0 0 0 rg BT 250.54 135.75 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 293.59 135.75 Td (of ) Tj ET Q q 0 0 0 rg BT 304.42 135.75 Td (collection ) Tj ET Q q 0 0 0 rg BT 346.35 135.75 Td (is ) Tj ET Q q 0 0 0 rg BT 355.52 135.75 Td (considered ) Tj ET Q q 0 0 0 rg BT 401.34 135.75 Td (to ) Tj ET Q q 0 0 0 rg BT 411.61 135.75 Td (be ) Tj ET Q q 0 0 0 rg BT 423.55 135.75 Td (remote.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 111.75 Td (Concentration ) Tj ET Q q 0 0 0 rg BT 126.26 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 136.69 111.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 161.56 111.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 178.67 111.75 Td (with ) Tj ET Q q 0 0 0 rg BT 198.56 111.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 228.98 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 238.86 111.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 260.96 111.75 Td (receivables ) Tj ET Q q 0 0 0 rg BT 308.03 111.75 Td (is ) Tj ET Q q 0 0 0 rg BT 316.81 111.75 Td (limited ) Tj ET Q q 0 0 0 rg BT 347.25 111.75 Td (due ) Tj ET Q q 0 0 0 rg BT 363.79 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 373.68 111.75 Td (the ) Tj ET Q q 0 0 0 rg BT 388.00 111.75 Td (lar) Tj ET Q q 0 0 0 rg BT 398.37 111.75 Td (ge ) Tj ET Q q 0 0 0 rg BT 409.91 111.75 Td (number ) Tj ET Q q 0 0 0 rg BT 442.57 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 453.01 111.75 Td (customers. ) Tj ET Q q 0 0 0 rg BT 498.01 111.75 Td (W) Tj ET Q q 0 0 0 rg BT 506.64 111.75 Td (e ) Tj ET Q q 0 0 0 rg BT 513.19 111.75 Td (also ) Tj ET Q q 0 0 0 rg BT 531.41 111.75 Td (manage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.75 Td (this ) Tj ET Q q 0 0 0 rg BT 66.45 99.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 83.95 99.75 Td (by ) Tj ET Q q 0 0 0 rg BT 96.45 99.75 Td (disconnecting ) Tj ET Q q 0 0 0 rg BT 154.49 99.75 Td (services ) Tj ET Q q 0 0 0 rg BT 189.20 99.75 Td (to ) Tj ET Q q 0 0 0 rg BT 199.48 99.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 242.52 99.75 Td (whose ) Tj ET Q q 0 0 0 rg BT 270.57 99.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 308.06 99.75 Td (are ) Tj ET Q q 0 0 0 rg BT 322.77 99.75 Td (delinquent.) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-40) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 699.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 101.57 699.75 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 675.75 Td (Due ) Tj ET Q q 0 0 0 rg BT 87.35 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 98.32 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 113.73 675.75 Td (short ) Tj ET Q q 0 0 0 rg BT 136.92 675.75 Td (maturities ) Tj ET Q q 0 0 0 rg BT 180.10 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 191.62 675.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 212.57 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.20 675.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 251.16 675.75 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 302.39 675.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 342.78 675.75 Td (cash, ) Tj ET Q q 0 0 0 rg BT 366.24 675.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 389.42 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 407.05 675.75 Td (other ) Tj ET Q q 0 0 0 rg BT 430.78 675.75 Td (receivables, ) Tj ET Q q 0 0 0 rg BT 481.44 675.75 Td (other ) Tj ET Q q 0 0 0 rg BT 505.18 675.75 Td (current ) Tj ET Q q 0 0 0 rg BT 536.69 675.75 Td (assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 87.26 663.75 Td (payable, ) Tj ET Q q 0 0 0 rg BT 123.62 663.75 Td (accrued ) Tj ET Q q 0 0 0 rg BT 157.48 663.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 197.46 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 214.67 663.75 Td (other ) Tj ET Q q 0 0 0 rg BT 237.99 663.75 Td (accrued ) Tj ET Q q 0 0 0 rg BT 271.85 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.06 663.75 Td (current ) Tj ET Q q 0 0 0 rg BT 320.14 663.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 362.63 663.75 Td (their ) Tj ET Q q 0 0 0 rg BT 383.73 663.75 Td (respective ) Tj ET Q q 0 0 0 rg BT 427.03 663.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 463.12 663.75 Td (values ) Tj ET Q q 0 0 0 rg BT 491.43 663.75 Td (approximate ) Tj ET Q q 0 0 0 rg BT 544.19 663.75 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.75 Td (respective ) Tj ET Q q 0 0 0 rg BT 91.33 651.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 106.50 651.75 Td (values. ) Tj ET Q q 0 0 0 rg BT 135.84 651.75 Td (For ) Tj ET Q q 0 0 0 rg BT 151.03 651.75 Td (information ) Tj ET Q q 0 0 0 rg BT 199.54 651.75 Td (concerning ) Tj ET Q q 0 0 0 rg BT 245.26 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 258.77 651.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 273.94 651.75 Td (values ) Tj ET Q q 0 0 0 rg BT 300.78 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 310.41 651.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 338.91 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 348.53 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 363.16 651.75 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 408.32 651.75 Td (and ) Tj ET Q q 0 0 0 rg BT 424.06 651.75 Td (debt, ) Tj ET Q q 0 0 0 rg BT 445.07 651.75 Td (see ) Tj ET Q q 0 0 0 rg BT 459.13 651.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 481.54 651.75 Td (6 ) Tj ET Q q 0 0 0 rg BT 487.83 651.75 Td (and ) Tj ET Q q 0 0 0 rg BT 503.57 651.75 Td (9, ) Tj ET Q q 0 0 0 rg BT 512.36 651.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.02 651.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.75 Td (For ) Tj ET Q q 0 0 0 rg BT 65.89 639.75 Td (information ) Tj ET Q q 0 0 0 rg BT 115.60 639.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 156.42 639.75 Td (how ) Tj ET Q q 0 0 0 rg BT 176.14 639.75 Td (we ) Tj ET Q q 0 0 0 rg BT 190.30 639.75 Td (arrive ) Tj ET Q q 0 0 0 rg BT 216.12 639.75 Td (at ) Tj ET Q q 0 0 0 rg BT 225.83 639.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 255.54 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 266.37 639.75 Td (our ) Tj ET Q q 0 0 0 rg BT 282.20 639.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 298.57 639.75 Td (value ) Tj ET Q q 0 0 0 rg BT 322.73 639.75 Td (measurements, ) Tj ET Q q 0 0 0 rg BT 384.93 639.75 Td (see ) Tj ET Q q 0 0 0 rg BT 400.20 639.75 Td (note ) Tj ET Q q 0 0 0 rg BT 419.92 639.75 Td (7. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 615.75 Td (Inventory ) Tj ET Q q 0 0 0 rg BT 101.00 615.75 Td (Held ) Tj ET Q q 0 0 0 rg BT 123.50 615.75 Td (for ) Tj ET Q q 0 0 0 rg BT 138.22 615.75 Td (Sale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 591.75 Td (Inventory ) Tj ET Q q 0 0 0 rg BT 108.63 591.75 Td (held ) Tj ET Q q 0 0 0 rg BT 128.11 591.75 Td (for ) Tj ET Q q 0 0 0 rg BT 142.03 591.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 159.83 591.75 Td (consists ) Tj ET Q q 0 0 0 rg BT 193.76 591.75 Td (mainly ) Tj ET Q q 0 0 0 rg BT 223.79 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 234.38 591.75 Td (handsets ) Tj ET Q q 0 0 0 rg BT 271.07 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 287.77 591.75 Td (accessories, ) Tj ET Q q 0 0 0 rg BT 337.50 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.20 591.75 Td (are ) Tj ET Q q 0 0 0 rg BT 368.66 591.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 394.24 591.75 Td (at ) Tj ET Q q 0 0 0 rg BT 403.72 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 418.19 591.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 443.22 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 453.80 591.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 472.17 591.75 Td (or ) Tj ET Q q 0 0 0 rg BT 482.76 591.75 Td (net ) Tj ET Q q 0 0 0 rg BT 497.23 591.75 Td (realizable ) Tj ET Q q 0 0 0 rg BT 538.35 591.75 Td (value. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.75 Td (Inventory ) Tj ET Q q 0 0 0 rg BT 91.25 579.75 Td (held ) Tj ET Q q 0 0 0 rg BT 111.33 579.75 Td (for ) Tj ET Q q 0 0 0 rg BT 125.86 579.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 144.28 579.75 Td (is ) Tj ET Q q 0 0 0 rg BT 153.81 579.75 Td (net ) Tj ET Q q 0 0 0 rg BT 168.90 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 180.10 579.75 Td (a ) Tj ET Q q 0 0 0 rg BT 187.41 579.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 228.05 579.75 Td (for ) Tj ET Q q 0 0 0 rg BT 242.58 579.75 Td (obsolete ) Tj ET Q q 0 0 0 rg BT 278.77 579.75 Td (items, ) Tj ET Q q 0 0 0 rg BT 305.81 579.75 Td (which ) Tj ET Q q 0 0 0 rg BT 333.12 579.75 Td (was ) Tj ET Q q 0 0 0 rg BT 351.54 579.75 Td (2.9 ) Tj ET Q q 0 0 0 rg BT 371.90 579.75 Td (million ) Tj ET Q q 0 0 0 rg BT 403.67 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 420.97 579.75 Td (3.5 ) Tj ET Q q 0 0 0 rg BT 441.34 579.75 Td (million ) Tj ET Q q 0 0 0 rg BT 473.10 579.75 Td (at ) Tj ET Q q 0 0 0 rg BT 483.19 579.75 Td (December ) Tj ET Q q 0 0 0 rg BT 527.14 579.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.51 579.75 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 567.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 91.44 567.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 139.10 567.75 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 543.75 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 103.20 543.75 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 519.75 Td (All ) Tj ET Q q 0 0 0 rg BT 82.77 519.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 125.25 519.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 174.41 519.75 Td (are ) Tj ET Q q 0 0 0 rg BT 189.11 519.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 226.58 519.75 Td (on ) Tj ET Q q 0 0 0 rg BT 239.08 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 253.79 519.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 286.82 519.75 Td (sheet ) Tj ET Q q 0 0 0 rg BT 309.86 519.75 Td (at ) Tj ET Q q 0 0 0 rg BT 319.57 519.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 335.94 519.75 Td (value. ) Tj ET Q q 0 0 0 rg BT 362.04 519.75 Td (As ) Tj ET Q q 0 0 0 rg BT 375.65 519.75 Td (we ) Tj ET Q q 0 0 0 rg BT 389.81 519.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 429.50 519.75 Td (do ) Tj ET Q q 0 0 0 rg BT 442.00 519.75 Td (not ) Tj ET Q q 0 0 0 rg BT 457.27 519.75 Td (apply ) Tj ET Q q 0 0 0 rg BT 481.98 519.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 508.36 519.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 554.72 519.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.75 Td (any ) Tj ET Q q 0 0 0 rg BT 66.44 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 77.27 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 93.10 507.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 135.58 507.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 187.24 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 201.96 507.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 236.67 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 246.95 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 261.66 507.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 278.04 507.75 Td (value ) Tj ET Q q 0 0 0 rg BT 302.20 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 313.03 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 328.86 507.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 371.34 507.75 Td (instrument ) Tj ET Q q 0 0 0 rg BT 416.61 507.75 Td (are ) Tj ET Q q 0 0 0 rg BT 431.32 507.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 477.68 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 487.96 507.75 Td (earnings. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 483.75 Td (The ) Tj ET Q q 0 0 0 rg BT 85.15 483.75 Td (net ) Tj ET Q q 0 0 0 rg BT 99.46 483.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 119.33 483.75 Td (received ) Tj ET Q q 0 0 0 rg BT 155.29 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 165.72 483.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 185.04 483.75 Td (related ) Tj ET Q q 0 0 0 rg BT 214.34 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 224.22 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 239.65 483.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 281.73 483.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 330.49 483.75 Td (is ) Tj ET Q q 0 0 0 rg BT 339.26 483.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 379.13 483.75 Td (as ) Tj ET Q q 0 0 0 rg BT 389.56 483.75 Td (an ) Tj ET Q q 0 0 0 rg BT 401.09 483.75 Td (operating, ) Tj ET Q q 0 0 0 rg BT 443.46 483.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 482.22 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 492.65 483.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 532.51 483.75 Td (activity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.75 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 77.55 471.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 131.56 471.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 177.24 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 189.04 471.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 210.28 471.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 235.97 471.75 Td (based ) Tj ET Q q 0 0 0 rg BT 262.21 471.75 Td (on ) Tj ET Q q 0 0 0 rg BT 275.67 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 291.36 471.75 Td (objective ) Tj ET Q q 0 0 0 rg BT 331.48 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 343.28 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 358.97 471.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 402.42 471.75 Td (instrument ) Tj ET Q q 0 0 0 rg BT 448.66 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 466.57 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 482.25 471.75 Td (classification ) Tj ET Q q 0 0 0 rg BT 538.48 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 471.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.75 Td (applicable ) Tj ET Q q 0 0 0 rg BT 93.58 459.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 139.90 459.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 160.65 459.75 Td (flows. ) Tj ET Q q 0 0 0 rg BT 188.37 459.75 Td (For ) Tj ET Q q 0 0 0 rg BT 205.25 459.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 248.22 459.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 287.31 459.75 Td (that ) Tj ET Q q 0 0 0 rg BT 305.29 459.75 Td (are ) Tj ET Q q 0 0 0 rg BT 320.49 459.75 Td (terminated ) Tj ET Q q 0 0 0 rg BT 366.24 459.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 388.67 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 399.44 459.75 Td (maturity) Tj ET Q q 0 0 0 rg BT 432.67 459.75 Td (, ) Tj ET Q q 0 0 0 rg BT 438.16 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 453.37 459.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 474.13 459.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 494.33 459.75 Td (or ) Tj ET Q q 0 0 0 rg BT 505.65 459.75 Td (received ) Tj ET Q q 0 0 0 rg BT 542.51 459.75 Td (upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.75 Td (termination ) Tj ET Q q 0 0 0 rg BT 98.10 447.75 Td (that ) Tj ET Q q 0 0 0 rg BT 115.59 447.75 Td (relates ) Tj ET Q q 0 0 0 rg BT 144.19 447.75 Td (to ) Tj ET Q q 0 0 0 rg BT 154.47 447.75 Td (future ) Tj ET Q q 0 0 0 rg BT 180.84 447.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 212.78 447.75 Td (is ) Tj ET Q q 0 0 0 rg BT 221.95 447.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 262.21 447.75 Td (as ) Tj ET Q q 0 0 0 rg BT 273.04 447.75 Td (a ) Tj ET Q q 0 0 0 rg BT 279.98 447.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 320.25 447.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 352.74 447.75 Td (in ) Tj ET Q q 0 0 0 rg BT 363.02 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 378.85 447.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 431.89 447.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 476.60 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 487.43 447.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 507.70 447.75 Td (flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 423.75 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 423.75 Td (information ) Tj ET Q q 0 0 0 rg BT 133.60 423.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 174.42 423.75 Td (our ) Tj ET Q q 0 0 0 rg BT 190.25 423.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 232.73 423.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 284.39 423.75 Td (see ) Tj ET Q q 0 0 0 rg BT 299.66 423.75 Td (note ) Tj ET Q q 0 0 0 rg BT 319.38 423.75 Td (6.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 399.75 Td (Property ) Tj ET Q q 0 0 0 rg BT 96.55 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.61 399.75 Td (Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 375.75 Td (Property ) Tj ET Q q 0 0 0 rg BT 104.18 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 120.86 375.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 165.32 375.75 Td (are ) Tj ET Q q 0 0 0 rg BT 179.77 375.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 205.33 375.75 Td (at ) Tj ET Q q 0 0 0 rg BT 214.79 375.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 233.15 375.75 Td (less ) Tj ET Q q 0 0 0 rg BT 250.39 375.75 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 303.16 375.75 Td (depreciation. ) Tj ET Q q 0 0 0 rg BT 357.16 375.75 Td (W) Tj ET Q q 0 0 0 rg BT 365.79 375.75 Td (e ) Tj ET Q q 0 0 0 rg BT 372.48 375.75 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 413.02 375.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 435.27 375.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 478.60 375.75 Td (with ) Tj ET Q q 0 0 0 rg BT 498.62 375.75 Td (the ) Tj ET Q q 0 0 0 rg BT 513.08 375.75 Td (construction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 59.73 363.75 Td (new ) Tj ET Q q 0 0 0 rg BT 78.29 363.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 101.29 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 117.63 363.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 147.30 363.75 Td (transmission ) Tj ET Q q 0 0 0 rg BT 199.76 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.10 363.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 264.11 363.75 Td (facilities ) Tj ET Q q 0 0 0 rg BT 300.44 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 316.78 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 330.90 363.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 377.24 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 387.47 363.75 Td (new ) Tj ET Q q 0 0 0 rg BT 406.03 363.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 429.02 363.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 465.63 363.75 Td (Capitalized ) Tj ET Q q 0 0 0 rg BT 513.07 363.75 Td (construction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 65.71 351.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 111.92 351.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 133.68 351.75 Td (include ) Tj ET Q q 0 0 0 rg BT 164.89 351.75 Td (materials, ) Tj ET Q q 0 0 0 rg BT 205.81 351.75 Td (labor) Tj ET Q q 0 0 0 rg BT 225.95 351.75 Td (, ) Tj ET Q q 0 0 0 rg BT 230.22 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 246.43 351.75 Td (other ) Tj ET Q q 0 0 0 rg BT 268.75 351.75 Td (directly ) Tj ET Q q 0 0 0 rg BT 301.06 351.75 Td (attributable ) Tj ET Q q 0 0 0 rg BT 348.36 351.75 Td (costs. ) Tj ET Q q 0 0 0 rg BT 372.63 351.75 Td (Installation ) Tj ET Q q 0 0 0 rg BT 419.39 351.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 457.26 351.75 Td (that ) Tj ET Q q 0 0 0 rg BT 474.02 351.75 Td (are ) Tj ET Q q 0 0 0 rg BT 488.00 351.75 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 533.07 351.75 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.75 Td (\(i\)the ) Tj ET Q q 0 0 0 rg BT 77.32 339.75 Td (initial ) Tj ET Q q 0 0 0 rg BT 104.31 339.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 151.84 339.75 Td (\(or ) Tj ET Q q 0 0 0 rg BT 167.16 339.75 Td (drop\) ) Tj ET Q q 0 0 0 rg BT 192.48 339.75 Td (from ) Tj ET Q q 0 0 0 rg BT 215.58 339.75 Td (our ) Tj ET Q q 0 0 0 rg BT 232.57 339.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 257.33 339.75 Td (system ) Tj ET Q q 0 0 0 rg BT 288.77 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 300.21 339.75 Td (a ) Tj ET Q q 0 0 0 rg BT 308.31 339.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 348.62 339.75 Td (location, ) Tj ET Q q 0 0 0 rg BT 387.00 339.75 Td (\(ii\)the ) Tj ET Q q 0 0 0 rg BT 417.59 339.75 Td (replacement ) Tj ET Q q 0 0 0 rg BT 470.11 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 482.10 339.75 Td (a ) Tj ET Q q 0 0 0 rg BT 490.20 339.75 Td (drop, ) Tj ET Q q 0 0 0 rg BT 514.69 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 532.79 339.75 Td (\(iii\)the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 96.21 327.75 Td (of ) Tj ET Q q 0 0 0 rg BT 106.80 327.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 151.28 327.75 Td (for ) Tj ET Q q 0 0 0 rg BT 165.21 327.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 207.47 327.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 244.45 327.75 Td (such ) Tj ET Q q 0 0 0 rg BT 265.04 327.75 Td (as ) Tj ET Q q 0 0 0 rg BT 275.64 327.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 303.46 327.75 Td (cable, ) Tj ET Q q 0 0 0 rg BT 329.32 327.75 Td (telephone ) Tj ET Q q 0 0 0 rg BT 370.46 327.75 Td (or ) Tj ET Q q 0 0 0 rg BT 381.06 327.75 Td (broadband ) Tj ET Q q 0 0 0 rg BT 425.54 327.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 458.35 327.75 Td (service. ) Tj ET Q q 0 0 0 rg BT 491.27 327.75 Td (The ) Tj ET Q q 0 0 0 rg BT 509.08 327.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 531.35 327.75 Td (of ) Tj ET Q q 0 0 0 rg BT 541.95 327.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.75 Td (customer) Tj ET Q q 0 0 0 rg BT 85.96 315.75 Td (-facing ) Tj ET Q q 0 0 0 rg BT 117.49 315.75 Td (activities, ) Tj ET Q q 0 0 0 rg BT 159.30 315.75 Td (such ) Tj ET Q q 0 0 0 rg BT 180.85 315.75 Td (as ) Tj ET Q q 0 0 0 rg BT 192.40 315.75 Td (reconnecting ) Tj ET Q q 0 0 0 rg BT 247.25 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 264.91 315.75 Td (disconnecting ) Tj ET Q q 0 0 0 rg BT 323.67 315.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 363.54 315.75 Td (locations ) Tj ET Q q 0 0 0 rg BT 402.86 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 420.52 315.75 Td (repairing ) Tj ET Q q 0 0 0 rg BT 459.83 315.75 Td (or ) Tj ET Q q 0 0 0 rg BT 471.37 315.75 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 522.36 315.75 Td (drops, ) Tj ET Q q 0 0 0 rg BT 550.30 315.75 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.75 Td (expensed ) Tj ET Q q 0 0 0 rg BT 88.18 303.75 Td (as ) Tj ET Q q 0 0 0 rg BT 97.98 303.75 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 135.27 303.75 Td (Interest ) Tj ET Q q 0 0 0 rg BT 166.73 303.75 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 211.51 303.75 Td (with ) Tj ET Q q 0 0 0 rg BT 230.76 303.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 260.55 303.75 Td (to ) Tj ET Q q 0 0 0 rg BT 269.80 303.75 Td (construction ) Tj ET Q q 0 0 0 rg BT 320.71 303.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 358.28 303.75 Td (was ) Tj ET Q q 0 0 0 rg BT 375.31 303.75 Td (not ) Tj ET Q q 0 0 0 rg BT 389.56 303.75 Td (material ) Tj ET Q q 0 0 0 rg BT 423.79 303.75 Td (during ) Tj ET Q q 0 0 0 rg BT 451.38 303.75 Td (any ) Tj ET Q q 0 0 0 rg BT 467.29 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 477.09 303.75 Td (the ) Tj ET Q q 0 0 0 rg BT 490.78 303.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 521.69 303.75 Td (presented.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 279.75 Td (Capitalized ) Tj ET Q q 0 0 0 rg BT 115.52 279.75 Td (internal-use ) Tj ET Q q 0 0 0 rg BT 165.21 279.75 Td (software ) Tj ET Q q 0 0 0 rg BT 202.13 279.75 Td (is ) Tj ET Q q 0 0 0 rg BT 211.29 279.75 Td (included ) Tj ET Q q 0 0 0 rg BT 248.21 279.75 Td (as ) Tj ET Q q 0 0 0 rg BT 259.02 279.75 Td (a ) Tj ET Q q 0 0 0 rg BT 265.95 279.75 Td (component ) Tj ET Q q 0 0 0 rg BT 312.87 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 323.69 279.75 Td (property ) Tj ET Q q 0 0 0 rg BT 360.05 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.97 279.75 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 423.99 279.75 Td (W) Tj ET Q q 0 0 0 rg BT 432.63 279.75 Td (e ) Tj ET Q q 0 0 0 rg BT 439.56 279.75 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 480.35 279.75 Td (internal ) Tj ET Q q 0 0 0 rg BT 513.38 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 530.30 279.75 Td (external ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 72.15 267.75 Td (directly ) Tj ET Q q 0 0 0 rg BT 105.34 267.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 149.08 267.75 Td (with ) Tj ET Q q 0 0 0 rg BT 169.51 267.75 Td (the ) Tj ET Q q 0 0 0 rg BT 184.37 267.75 Td (development ) Tj ET Q q 0 0 0 rg BT 238.67 267.75 Td (of ) Tj ET Q q 0 0 0 rg BT 249.65 267.75 Td (internal-use ) Tj ET Q q 0 0 0 rg BT 299.50 267.75 Td (software. ) Tj ET Q q 0 0 0 rg BT 338.88 267.75 Td (W) Tj ET Q q 0 0 0 rg BT 347.52 267.75 Td (e ) Tj ET Q q 0 0 0 rg BT 354.61 267.75 Td (also ) Tj ET Q q 0 0 0 rg BT 373.36 267.75 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 414.32 267.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 436.96 267.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 480.71 267.75 Td (with ) Tj ET Q q 0 0 0 rg BT 501.13 267.75 Td (the ) Tj ET Q q 0 0 0 rg BT 516.00 267.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 554.18 267.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.75 Td (software ) Tj ET Q q 0 0 0 rg BT 85.74 255.75 Td (licenses. ) Tj ET Q q 0 0 0 rg BT 121.71 255.75 Td (Maintenance ) Tj ET Q q 0 0 0 rg BT 175.16 255.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.42 255.75 Td (training ) Tj ET Q q 0 0 0 rg BT 224.33 255.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 248.64 255.75 Td (as ) Tj ET Q q 0 0 0 rg BT 258.79 255.75 Td (well ) Tj ET Q q 0 0 0 rg BT 277.82 255.75 Td (as ) Tj ET Q q 0 0 0 rg BT 287.96 255.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 309.77 255.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 344.90 255.75 Td (during ) Tj ET Q q 0 0 0 rg BT 372.82 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 386.85 255.75 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 435.32 255.75 Td (stage ) Tj ET Q q 0 0 0 rg BT 457.68 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 467.82 255.75 Td (an ) Tj ET Q q 0 0 0 rg BT 479.07 255.75 Td (internal-use ) Tj ET Q q 0 0 0 rg BT 528.09 255.75 Td (software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.75 Td (development ) Tj ET Q q 0 0 0 rg BT 103.65 243.75 Td (project, ) Tj ET Q q 0 0 0 rg BT 136.41 243.75 Td (are ) Tj ET Q q 0 0 0 rg BT 151.12 243.75 Td (expensed ) Tj ET Q q 0 0 0 rg BT 190.83 243.75 Td (as ) Tj ET Q q 0 0 0 rg BT 201.66 243.75 Td (incurred.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 219.75 Td (Depreciation ) Tj ET Q q 0 0 0 rg BT 122.22 219.75 Td (is ) Tj ET Q q 0 0 0 rg BT 131.97 219.75 Td (computed ) Tj ET Q q 0 0 0 rg BT 174.49 219.75 Td (using ) Tj ET Q q 0 0 0 rg BT 199.24 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 214.54 219.75 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 265.94 219.75 Td (method ) Tj ET Q q 0 0 0 rg BT 299.01 219.75 Td (over ) Tj ET Q q 0 0 0 rg BT 319.86 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 335.16 219.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 376.56 219.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 404.08 219.75 Td (life ) Tj ET Q q 0 0 0 rg BT 420.49 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 431.90 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 447.20 219.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 493.60 219.75 Td (asset. ) Tj ET Q q 0 0 0 rg BT 518.62 219.75 Td (Equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.75 Td (under ) Tj ET Q q 0 0 0 rg BT 75.30 207.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 104.99 207.75 Td (leases ) Tj ET Q q 0 0 0 rg BT 131.90 207.75 Td (is ) Tj ET Q q 0 0 0 rg BT 141.61 207.75 Td (amortized ) Tj ET Q q 0 0 0 rg BT 184.63 207.75 Td (on ) Tj ET Q q 0 0 0 rg BT 197.66 207.75 Td (a ) Tj ET Q q 0 0 0 rg BT 205.14 207.75 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 256.49 207.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 279.53 207.75 Td (over ) Tj ET Q q 0 0 0 rg BT 300.33 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 315.59 207.75 Td (shorter ) Tj ET Q q 0 0 0 rg BT 346.39 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 357.76 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 373.01 207.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 396.03 207.75 Td (term ) Tj ET Q q 0 0 0 rg BT 417.39 207.75 Td (or ) Tj ET Q q 0 0 0 rg BT 428.76 207.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 470.12 207.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 497.59 207.75 Td (life ) Tj ET Q q 0 0 0 rg BT 513.95 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 525.32 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 540.57 207.75 Td (asset. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.75 Td (Useful ) Tj ET Q q 0 0 0 rg BT 78.31 195.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 99.34 195.75 Td (used ) Tj ET Q q 0 0 0 rg BT 119.81 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 129.74 195.75 Td (depreciate ) Tj ET Q q 0 0 0 rg BT 172.96 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 188.44 195.75 Td (property ) Tj ET Q q 0 0 0 rg BT 224.46 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 241.05 195.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 285.41 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 299.76 195.75 Td (assessed ) Tj ET Q q 0 0 0 rg BT 335.79 195.75 Td (periodically ) Tj ET Q q 0 0 0 rg BT 385.69 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 402.28 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 416.63 195.75 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 452.10 195.75 Td (when ) Tj ET Q q 0 0 0 rg BT 475.91 195.75 Td (warranted. ) Tj ET Q q 0 0 0 rg BT 520.37 195.75 Td (The ) Tj ET Q q 0 0 0 rg BT 538.07 195.75 Td (useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 71.02 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 81.99 183.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 105.73 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 122.80 183.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 153.21 183.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 201.96 183.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 236.27 183.75 Td (that ) Tj ET Q q 0 0 0 rg BT 253.91 183.75 Td (are ) Tj ET Q q 0 0 0 rg BT 268.75 183.75 Td (under) Tj ET Q q 0 0 0 rg BT 291.34 183.75 Td (going ) Tj ET Q q 0 0 0 rg BT 316.76 183.75 Td (a ) Tj ET Q q 0 0 0 rg BT 323.83 183.75 Td (rebuild ) Tj ET Q q 0 0 0 rg BT 354.80 183.75 Td (are ) Tj ET Q q 0 0 0 rg BT 369.64 183.75 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 405.60 183.75 Td (such ) Tj ET Q q 0 0 0 rg BT 426.57 183.75 Td (that ) Tj ET Q q 0 0 0 rg BT 444.21 183.75 Td (property ) Tj ET Q q 0 0 0 rg BT 480.72 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 497.80 183.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 542.65 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 553.06 183.75 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.75 Td (retired ) Tj ET Q q 0 0 0 rg BT 78.04 171.75 Td (will ) Tj ET Q q 0 0 0 rg BT 96.05 171.75 Td (be ) Tj ET Q q 0 0 0 rg BT 107.94 171.75 Td (fully ) Tj ET Q q 0 0 0 rg BT 129.28 171.75 Td (depreciated ) Tj ET Q q 0 0 0 rg BT 177.81 171.75 Td (by ) Tj ET Q q 0 0 0 rg BT 190.26 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 204.92 171.75 Td (time ) Tj ET Q q 0 0 0 rg BT 225.15 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 239.81 171.75 Td (rebuild ) Tj ET Q q 0 0 0 rg BT 270.59 171.75 Td (is ) Tj ET Q q 0 0 0 rg BT 279.71 171.75 Td (completed. ) Tj ET Q q 0 0 0 rg BT 326.31 171.75 Td (For ) Tj ET Q q 0 0 0 rg BT 342.65 171.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 385.09 171.75 Td (information ) Tj ET Q q 0 0 0 rg BT 434.75 171.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 475.52 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 490.19 171.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 517.08 171.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 538.41 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 549.19 171.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.75 Td (property ) Tj ET Q q 0 0 0 rg BT 85.88 159.75 Td (and ) Tj ET Q q 0 0 0 rg BT 102.82 159.75 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 150.03 159.75 Td (see ) Tj ET Q q 0 0 0 rg BT 165.30 159.75 Td (note ) Tj ET Q q 0 0 0 rg BT 185.01 159.75 Td (8.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 135.75 Td (Additions, ) Tj ET Q q 0 0 0 rg BT 112.27 135.75 Td (replacements, ) Tj ET Q q 0 0 0 rg BT 170.34 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 187.60 135.75 Td (improvements ) Tj ET Q q 0 0 0 rg BT 247.64 135.75 Td (that ) Tj ET Q q 0 0 0 rg BT 265.45 135.75 Td (extend ) Tj ET Q q 0 0 0 rg BT 294.93 135.75 Td (the ) Tj ET Q q 0 0 0 rg BT 309.97 135.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 332.23 135.75 Td (life ) Tj ET Q q 0 0 0 rg BT 348.38 135.75 Td (are ) Tj ET Q q 0 0 0 rg BT 363.41 135.75 Td (capitalized. ) Tj ET Q q 0 0 0 rg BT 412.04 135.75 Td (Repairs ) Tj ET Q q 0 0 0 rg BT 445.41 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 462.67 135.75 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 516.02 135.75 Td (are ) Tj ET Q q 0 0 0 rg BT 531.04 135.75 Td (char) Tj ET Q q 0 0 0 rg BT 548.07 135.75 Td (ged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 123.75 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 99.75 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 99.75 Td (e ) Tj ET Q q 0 0 0 rg BT 82.27 99.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 122.83 99.75 Td (a ) Tj ET Q q 0 0 0 rg BT 128.97 99.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 161.77 99.75 Td (for ) Tj ET Q q 0 0 0 rg BT 175.13 99.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 196.26 99.75 Td (retirement ) Tj ET Q q 0 0 0 rg BT 239.05 99.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 285.19 99.75 Td (in ) Tj ET Q q 0 0 0 rg BT 294.67 99.75 Td (the ) Tj ET Q q 0 0 0 rg BT 308.58 99.75 Td (period ) Tj ET Q q 0 0 0 rg BT 335.82 99.75 Td (in ) Tj ET Q q 0 0 0 rg BT 345.30 99.75 Td (which ) Tj ET Q q 0 0 0 rg BT 371.43 99.75 Td (it ) Tj ET Q q 0 0 0 rg BT 378.69 99.75 Td (is ) Tj ET Q q 0 0 0 rg BT 387.05 99.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 422.07 99.75 Td (if ) Tj ET Q q 0 0 0 rg BT 429.87 99.75 Td (suf) Tj ET Q q 0 0 0 rg BT 441.91 99.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 469.15 99.75 Td (information ) Tj ET Q q 0 0 0 rg BT 518.06 99.75 Td (is ) Tj ET Q q 0 0 0 rg BT 526.43 99.75 Td (available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 87.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.76 87.75 Td (make ) Tj ET Q q 0 0 0 rg BT 83.89 87.75 Td (a ) Tj ET Q q 0 0 0 rg BT 90.81 87.75 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 136.04 87.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 171.84 87.75 Td (of ) Tj ET Q q 0 0 0 rg BT 182.65 87.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 199.01 87.75 Td (values. ) Tj ET Q q 0 0 0 rg BT 228.99 87.75 Td (Asset ) Tj ET Q q 0 0 0 rg BT 253.69 87.75 Td (retirement ) Tj ET Q q 0 0 0 rg BT 297.26 87.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 344.18 87.75 Td (may ) Tj ET Q q 0 0 0 rg BT 363.88 87.75 Td (arise ) Tj ET Q q 0 0 0 rg BT 385.23 87.75 Td (from ) Tj ET Q q 0 0 0 rg BT 407.15 87.75 Td (the ) Tj ET Q q 0 0 0 rg BT 421.85 87.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 439.89 87.75 Td (of ) Tj ET Q q 0 0 0 rg BT 450.70 87.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 475.96 87.75 Td (of ) Tj ET Q q 0 0 0 rg BT 486.77 87.75 Td (way ) Tj ET Q q 0 0 0 rg BT 505.91 87.75 Td (that ) Tj ET Q q 0 0 0 rg BT 523.38 87.75 Td (we ) Tj ET Q q 0 0 0 rg BT 537.52 87.75 Td (obtain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 75.75 Td (from ) Tj ET Q q 0 0 0 rg BT 71.02 75.75 Td (local ) Tj ET Q q 0 0 0 rg BT 92.54 75.75 Td (municipalities ) Tj ET Q q 0 0 0 rg BT 151.27 75.75 Td (or ) Tj ET Q q 0 0 0 rg BT 161.69 75.75 Td (other ) Tj ET Q q 0 0 0 rg BT 184.32 75.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 218.60 75.75 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 265.40 75.75 Td (Under ) Tj ET Q q 0 0 0 rg BT 292.47 75.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 321.75 75.75 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 382.98 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 397.28 75.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 441.57 75.75 Td (could ) Tj ET Q q 0 0 0 rg BT 465.87 75.75 Td (require ) Tj ET Q q 0 0 0 rg BT 496.27 75.75 Td (us ) Tj ET Q q 0 0 0 rg BT 507.24 75.75 Td (to ) Tj ET Q q 0 0 0 rg BT 517.10 75.75 Td (remove ) Tj ET Q q 0 0 0 rg BT 549.17 75.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 63.75 Td (network ) Tj ET Q q 0 0 0 rg BT 85.01 63.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 129.97 63.75 Td (from ) Tj ET Q q 0 0 0 rg BT 152.15 63.75 Td (an ) Tj ET Q q 0 0 0 rg BT 164.33 63.75 Td (area ) Tj ET Q q 0 0 0 rg BT 183.72 63.75 Td (if, ) Tj ET Q q 0 0 0 rg BT 195.08 63.75 Td (for ) Tj ET Q q 0 0 0 rg BT 209.48 63.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 248.60 63.75 Td (we ) Tj ET Q q 0 0 0 rg BT 263.00 63.75 Td (were ) Tj ET Q q 0 0 0 rg BT 285.17 63.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.70 63.75 Td (discontinue ) Tj ET Q q 0 0 0 rg BT 344.54 63.75 Td (using ) Tj ET Q q 0 0 0 rg BT 368.96 63.75 Td (the ) Tj ET Q q 0 0 0 rg BT 383.92 63.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 428.88 63.75 Td (for ) Tj ET Q q 0 0 0 rg BT 443.28 63.75 Td (an ) Tj ET Q q 0 0 0 rg BT 455.46 63.75 Td (extended ) Tj ET Q q 0 0 0 rg BT 494.30 63.75 Td (period ) Tj ET Q q 0 0 0 rg BT 522.59 63.75 Td (of ) Tj ET Q q 0 0 0 rg BT 533.67 63.75 Td (time ) Tj ET Q q 0 0 0 rg BT 554.18 63.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 51.75 Td (the ) Tj ET Q q 0 0 0 rg BT 64.83 51.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 110.16 51.75 Td (were ) Tj ET Q q 0 0 0 rg BT 132.71 51.75 Td (to ) Tj ET Q q 0 0 0 rg BT 143.61 51.75 Td (decide ) Tj ET Q q 0 0 0 rg BT 172.82 51.75 Td (not ) Tj ET Q q 0 0 0 rg BT 188.71 51.75 Td (to ) Tj ET Q q 0 0 0 rg BT 199.61 51.75 Td (renew ) Tj ET Q q 0 0 0 rg BT 227.16 51.75 Td (our ) Tj ET Q q 0 0 0 rg BT 243.60 51.75 Td (access ) Tj ET Q q 0 0 0 rg BT 272.26 51.75 Td (rights. ) Tj ET Q q 0 0 0 rg BT 300.65 51.75 Td (However) Tj ET Q q 0 0 0 rg BT 336.90 51.75 Td (, ) Tj ET Q q 0 0 0 rg BT 342.52 51.75 Td (because ) Tj ET Q q 0 0 0 rg BT 377.29 51.75 Td (the ) Tj ET Q q 0 0 0 rg BT 392.62 51.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 418.52 51.75 Td (of ) Tj ET Q q 0 0 0 rg BT 429.96 51.75 Td (way ) Tj ET Q q 0 0 0 rg BT 449.74 51.75 Td (are ) Tj ET Q q 0 0 0 rg BT 465.07 51.75 Td (integral ) Tj ET Q q 0 0 0 rg BT 498.73 51.75 Td (to ) Tj ET Q q 0 0 0 rg BT 509.62 51.75 Td (our ) Tj ET Q q 0 0 0 rg BT 526.07 51.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 554.74 51.75 Td (to ) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 699.60 Td (deliver ) Tj ET Q q 0 0 0 rg BT 80.02 699.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 124.98 699.60 Td (communications ) Tj ET Q q 0 0 0 rg BT 193.83 699.60 Td (services ) Tj ET Q q 0 0 0 rg BT 228.79 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 239.32 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 255.40 699.60 Td (customers, ) Tj ET Q q 0 0 0 rg BT 301.20 699.60 Td (we ) Tj ET Q q 0 0 0 rg BT 315.62 699.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 344.46 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 354.99 699.60 Td (conduct ) Tj ET Q q 0 0 0 rg BT 389.40 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 405.48 699.60 Td (business ) Tj ET Q q 0 0 0 rg BT 442.13 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 452.66 699.60 Td (a ) Tj ET Q q 0 0 0 rg BT 459.85 699.60 Td (manner ) Tj ET Q q 0 0 0 rg BT 492.59 699.60 Td (that ) Tj ET Q q 0 0 0 rg BT 510.34 699.60 Td (will ) Tj ET Q q 0 0 0 rg BT 528.65 699.60 Td (allow ) Tj ET Q q 0 0 0 rg BT 553.62 699.60 Td (us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 687.60 Td (to ) Tj ET Q q 0 0 0 rg BT 59.49 687.60 Td (maintain ) Tj ET Q q 0 0 0 rg BT 96.70 687.60 Td (these ) Tj ET Q q 0 0 0 rg BT 119.46 687.60 Td (rights ) Tj ET Q q 0 0 0 rg BT 144.46 687.60 Td (for ) Tj ET Q q 0 0 0 rg BT 158.33 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 172.77 687.60 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 220.50 687.60 Td (future. ) Tj ET Q q 0 0 0 rg BT 249.10 687.60 Td (In ) Tj ET Q q 0 0 0 rg BT 259.64 687.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 297.13 687.60 Td (we ) Tj ET Q q 0 0 0 rg BT 311.01 687.60 Td (have ) Tj ET Q q 0 0 0 rg BT 332.10 687.60 Td (no ) Tj ET Q q 0 0 0 rg BT 344.32 687.60 Td (reason ) Tj ET Q q 0 0 0 rg BT 372.63 687.60 Td (to ) Tj ET Q q 0 0 0 rg BT 382.63 687.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 413.71 687.60 Td (that ) Tj ET Q q 0 0 0 rg BT 430.92 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 445.36 687.60 Td (authorities ) Tj ET Q q 0 0 0 rg BT 489.78 687.60 Td (will ) Tj ET Q q 0 0 0 rg BT 507.56 687.60 Td (not ) Tj ET Q q 0 0 0 rg BT 522.55 687.60 Td (renew ) Tj ET Q q 0 0 0 rg BT 549.20 687.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (rights ) Tj ET Q q 0 0 0 rg BT 74.86 675.60 Td (of ) Tj ET Q q 0 0 0 rg BT 85.76 675.60 Td (way ) Tj ET Q q 0 0 0 rg BT 105.00 675.60 Td (and, ) Tj ET Q q 0 0 0 rg BT 124.52 675.60 Td (historically) Tj ET Q q 0 0 0 rg BT 168.86 675.60 Td (, ) Tj ET Q q 0 0 0 rg BT 173.94 675.60 Td (renewals ) Tj ET Q q 0 0 0 rg BT 212.05 675.60 Td (have ) Tj ET Q q 0 0 0 rg BT 233.51 675.60 Td (been ) Tj ET Q q 0 0 0 rg BT 254.96 675.60 Td (granted. ) Tj ET Q q 0 0 0 rg BT 289.84 675.60 Td (W) Tj ET Q q 0 0 0 rg BT 298.48 675.60 Td (e ) Tj ET Q q 0 0 0 rg BT 305.50 675.60 Td (also ) Tj ET Q q 0 0 0 rg BT 324.18 675.60 Td (have ) Tj ET Q q 0 0 0 rg BT 345.64 675.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 392.66 675.60 Td (in ) Tj ET Q q 0 0 0 rg BT 403.01 675.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 425.58 675.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 473.69 675.60 Td (to ) Tj ET Q q 0 0 0 rg BT 484.04 675.60 Td (restore ) Tj ET Q q 0 0 0 rg BT 513.83 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 528.63 675.60 Td (property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.60 Td (to ) Tj ET Q q 0 0 0 rg BT 59.59 663.60 Td (its ) Tj ET Q q 0 0 0 rg BT 71.35 663.60 Td (original ) Tj ET Q q 0 0 0 rg BT 104.76 663.60 Td (condition ) Tj ET Q q 0 0 0 rg BT 144.85 663.60 Td (or ) Tj ET Q q 0 0 0 rg BT 155.49 663.60 Td (remove ) Tj ET Q q 0 0 0 rg BT 187.79 663.60 Td (our ) Tj ET Q q 0 0 0 rg BT 203.43 663.60 Td (property ) Tj ET Q q 0 0 0 rg BT 239.61 663.60 Td (at ) Tj ET Q q 0 0 0 rg BT 249.14 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 263.67 663.60 Td (end ) Tj ET Q q 0 0 0 rg BT 280.42 663.60 Td (of ) Tj ET Q q 0 0 0 rg BT 291.06 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 305.59 663.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 327.88 663.60 Td (term. ) Tj ET Q q 0 0 0 rg BT 351.02 663.60 Td (Suf) Tj ET Q q 0 0 0 rg BT 364.73 663.60 Td (ficient ) Tj ET Q q 0 0 0 rg BT 392.58 663.60 Td (information ) Tj ET Q q 0 0 0 rg BT 442.11 663.60 Td (is ) Tj ET Q q 0 0 0 rg BT 451.09 663.60 Td (not ) Tj ET Q q 0 0 0 rg BT 466.18 663.60 Td (available ) Tj ET Q q 0 0 0 rg BT 504.58 663.60 Td (to ) Tj ET Q q 0 0 0 rg BT 514.67 663.60 Td (estimate ) Tj ET Q q 0 0 0 rg BT 550.30 663.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 65.34 651.60 Td (value ) Tj ET Q q 0 0 0 rg BT 88.95 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 99.24 651.60 Td (our ) Tj ET Q q 0 0 0 rg BT 114.53 651.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 135.93 651.60 Td (retirement ) Tj ET Q q 0 0 0 rg BT 178.98 651.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 225.38 651.60 Td (in ) Tj ET Q q 0 0 0 rg BT 235.12 651.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 264.28 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 274.57 651.60 Td (our ) Tj ET Q q 0 0 0 rg BT 289.86 651.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 311.80 651.60 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 369.98 651.60 Td (This ) Tj ET Q q 0 0 0 rg BT 389.72 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 398.35 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 412.53 651.60 Td (case ) Tj ET Q q 0 0 0 rg BT 431.69 651.60 Td (for ) Tj ET Q q 0 0 0 rg BT 445.31 651.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 486.71 651.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 508.65 651.60 Td (arrangements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.87 639.60 Td (which ) Tj ET Q q 0 0 0 rg BT 86.90 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 101.70 639.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 147.62 639.60 Td (leased ) Tj ET Q q 0 0 0 rg BT 175.20 639.60 Td (property ) Tj ET Q q 0 0 0 rg BT 211.66 639.60 Td (is ) Tj ET Q q 0 0 0 rg BT 220.92 639.60 Td (integral ) Tj ET Q q 0 0 0 rg BT 254.06 639.60 Td (to ) Tj ET Q q 0 0 0 rg BT 264.42 639.60 Td (our ) Tj ET Q q 0 0 0 rg BT 280.34 639.60 Td (operations, ) Tj ET Q q 0 0 0 rg BT 327.09 639.60 Td (there ) Tj ET Q q 0 0 0 rg BT 349.67 639.60 Td (is ) Tj ET Q q 0 0 0 rg BT 358.93 639.60 Td (not ) Tj ET Q q 0 0 0 rg BT 374.29 639.60 Td (an ) Tj ET Q q 0 0 0 rg BT 386.32 639.60 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 431.10 639.60 Td (alternative ) Tj ET Q q 0 0 0 rg BT 475.89 639.60 Td (to ) Tj ET Q q 0 0 0 rg BT 486.26 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 501.06 639.60 Td (leased ) Tj ET Q q 0 0 0 rg BT 528.64 639.60 Td (property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 627.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.60 627.60 Td (we ) Tj ET Q q 0 0 0 rg BT 80.91 627.60 Td (have ) Tj ET Q q 0 0 0 rg BT 102.45 627.60 Td (the ) Tj ET Q q 0 0 0 rg BT 117.32 627.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 145.53 627.60 Td (to ) Tj ET Q q 0 0 0 rg BT 155.97 627.60 Td (indefinitely ) Tj ET Q q 0 0 0 rg BT 204.73 627.60 Td (renew ) Tj ET Q q 0 0 0 rg BT 231.81 627.60 Td (the ) Tj ET Q q 0 0 0 rg BT 246.69 627.60 Td (lease. ) Tj ET Q q 0 0 0 rg BT 271.24 627.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 320.58 627.60 Td (, ) Tj ET Q q 0 0 0 rg BT 325.74 627.60 Td (for ) Tj ET Q q 0 0 0 rg BT 340.05 627.60 Td (most ) Tj ET Q q 0 0 0 rg BT 362.16 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 373.15 627.60 Td (our ) Tj ET Q q 0 0 0 rg BT 389.14 627.60 Td (rights ) Tj ET Q q 0 0 0 rg BT 414.57 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 425.56 627.60 Td (way ) Tj ET Q q 0 0 0 rg BT 444.88 627.60 Td (and ) Tj ET Q q 0 0 0 rg BT 461.97 627.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 491.83 627.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 514.48 627.60 Td (agreements, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 63.56 615.60 Td (possibility ) Tj ET Q q 0 0 0 rg BT 107.08 615.60 Td (is ) Tj ET Q q 0 0 0 rg BT 115.59 615.60 Td (remote ) Tj ET Q q 0 0 0 rg BT 145.20 615.60 Td (that ) Tj ET Q q 0 0 0 rg BT 162.04 615.60 Td (we ) Tj ET Q q 0 0 0 rg BT 175.54 615.60 Td (will ) Tj ET Q q 0 0 0 rg BT 192.94 615.60 Td (incur ) Tj ET Q q 0 0 0 rg BT 215.33 615.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 259.39 615.60 Td (removal ) Tj ET Q q 0 0 0 rg BT 293.99 615.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 315.84 615.60 Td (in ) Tj ET Q q 0 0 0 rg BT 325.46 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 339.52 615.60 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 386.88 615.60 Td (future ) Tj ET Q q 0 0 0 rg BT 412.60 615.60 Td (and, ) Tj ET Q q 0 0 0 rg BT 431.38 615.60 Td (as ) Tj ET Q q 0 0 0 rg BT 441.56 615.60 Td (such, ) Tj ET Q q 0 0 0 rg BT 464.23 615.60 Td (we ) Tj ET Q q 0 0 0 rg BT 477.73 615.60 Td (do ) Tj ET Q q 0 0 0 rg BT 489.58 615.60 Td (not ) Tj ET Q q 0 0 0 rg BT 504.20 615.60 Td (have ) Tj ET Q q 0 0 0 rg BT 524.92 615.60 Td (suf) Tj ET Q q 0 0 0 rg BT 536.96 615.60 Td (ficient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 603.60 Td (information ) Tj ET Q q 0 0 0 rg BT 99.21 603.60 Td (to ) Tj ET Q q 0 0 0 rg BT 109.49 603.60 Td (make ) Tj ET Q q 0 0 0 rg BT 133.65 603.60 Td (a ) Tj ET Q q 0 0 0 rg BT 140.58 603.60 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 185.84 603.60 Td (estimate ) Tj ET Q q 0 0 0 rg BT 221.66 603.60 Td (of ) Tj ET Q q 0 0 0 rg BT 232.49 603.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 248.87 603.60 Td (value ) Tj ET Q q 0 0 0 rg BT 273.02 603.60 Td (for ) Tj ET Q q 0 0 0 rg BT 287.18 603.60 Td (these ) Tj ET Q q 0 0 0 rg BT 310.23 603.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 332.17 603.60 Td (retirement ) Tj ET Q q 0 0 0 rg BT 375.75 603.60 Td (obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 579.60 Td (As ) Tj ET Q q 0 0 0 rg BT 80.29 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 90.29 579.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 148.05 579.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 169.72 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 185.83 579.60 Td (2017, ) Tj ET Q q 0 0 0 rg BT 210.01 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 223.90 579.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 260.55 579.60 Td (value ) Tj ET Q q 0 0 0 rg BT 283.88 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 293.88 579.60 Td (our ) Tj ET Q q 0 0 0 rg BT 308.89 579.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 330.00 579.60 Td (retirement ) Tj ET Q q 0 0 0 rg BT 372.76 579.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 418.88 579.60 Td (was ) Tj ET Q q 0 0 0 rg BT 436.10 579.60 Td (17.2 ) Tj ET Q q 0 0 0 rg BT 460.28 579.60 Td (million ) Tj ET Q q 0 0 0 rg BT 490.84 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 506.96 579.60 Td (27.1 ) Tj ET Q q 0 0 0 rg BT 531.13 579.60 Td (million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 567.60 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 543.60 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 103.42 543.60 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 519.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 86.25 519.60 Td (primary ) Tj ET Q q 0 0 0 rg BT 121.10 519.60 Td (intangible ) Tj ET Q q 0 0 0 rg BT 164.29 519.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 190.82 519.60 Td (relate ) Tj ET Q q 0 0 0 rg BT 216.22 519.60 Td (to ) Tj ET Q q 0 0 0 rg BT 227.19 519.60 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 268.45 519.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 308.30 519.60 Td (relationships ) Tj ET Q q 0 0 0 rg BT 362.60 519.60 Td (and, ) Tj ET Q q 0 0 0 rg BT 382.73 519.60 Td (following ) Tj ET Q q 0 0 0 rg BT 424.82 519.60 Td (the ) Tj ET Q q 0 0 0 rg BT 440.23 519.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 472.32 519.60 Td (of ) Tj ET Q q 0 0 0 rg BT 483.84 519.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.26 519.60 Td (JV) Tj ET Q q 0 0 0 rg BT 510.19 519.60 Td ( ) Tj ET Q q 0 0 0 rg BT 513.16 519.60 Td (T) Tj ET Q q 0 0 0 rg BT 518.91 519.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 519.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 80.22 507.60 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 119.82 507.60 Td (licenses. ) Tj ET Q q 0 0 0 rg BT 156.92 507.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 175.42 507.60 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 213.92 507.60 Td (represents ) Tj ET Q q 0 0 0 rg BT 257.40 507.60 Td (the ) Tj ET Q q 0 0 0 rg BT 272.57 507.60 Td (equity ) Tj ET Q q 0 0 0 rg BT 300.51 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 311.78 507.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.73 507.60 Td (V) Tj ET Q q 0 0 0 rg BT 332.67 507.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 391.71 507.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.64 507.60 Td ( ) Tj ET Q q 0 0 0 rg BT 405.58 507.60 Td (contributed ) Tj ET Q q 0 0 0 rg BT 454.07 507.60 Td (businesses ) Tj ET Q q 0 0 0 rg BT 499.24 507.60 Td (in ) Tj ET Q q 0 0 0 rg BT 509.96 507.60 Td (excess ) Tj ET Q q 0 0 0 rg BT 539.01 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 507.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 65.54 495.60 Td (value ) Tj ET Q q 0 0 0 rg BT 89.36 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 99.86 495.60 Td (our ) Tj ET Q q 0 0 0 rg BT 115.35 495.60 Td (net ) Tj ET Q q 0 0 0 rg BT 129.74 495.60 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 177.44 495.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 202.94 495.60 Td (and ) Tj ET Q q 0 0 0 rg BT 219.54 495.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 258.92 495.60 Td (and ) Tj ET Q q 0 0 0 rg BT 275.53 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 289.91 495.60 Td (excess ) Tj ET Q q 0 0 0 rg BT 318.17 495.60 Td (purchase ) Tj ET Q q 0 0 0 rg BT 355.87 495.60 Td (price ) Tj ET Q q 0 0 0 rg BT 378.03 495.60 Td (over ) Tj ET Q q 0 0 0 rg BT 397.96 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 412.34 495.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 428.38 495.60 Td (value ) Tj ET Q q 0 0 0 rg BT 452.21 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 462.70 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 477.08 495.60 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 524.79 495.60 Td (net ) Tj ET Q q 0 0 0 rg BT 539.17 495.60 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (acquired ) Tj ET Q q 0 0 0 rg BT 86.48 483.60 Td (in ) Tj ET Q q 0 0 0 rg BT 96.81 483.60 Td (a ) Tj ET Q q 0 0 0 rg BT 103.80 483.60 Td (business ) Tj ET Q q 0 0 0 rg BT 140.25 483.60 Td (combination. ) Tj ET Q q 0 0 0 rg BT 195.29 483.60 Td (Customer ) Tj ET Q q 0 0 0 rg BT 236.73 483.60 Td (relationships ) Tj ET Q q 0 0 0 rg BT 290.39 483.60 Td (are ) Tj ET Q q 0 0 0 rg BT 305.15 483.60 Td (initially ) Tj ET Q q 0 0 0 rg BT 338.81 483.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 376.34 483.60 Td (at ) Tj ET Q q 0 0 0 rg BT 386.11 483.60 Td (their ) Tj ET Q q 0 0 0 rg BT 406.99 483.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 423.42 483.60 Td (values ) Tj ET Q q 0 0 0 rg BT 451.52 483.60 Td (in ) Tj ET Q q 0 0 0 rg BT 461.85 483.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 508.28 483.60 Td (with ) Tj ET Q q 0 0 0 rg BT 528.61 483.60 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.60 Td (combinations ) Tj ET Q q 0 0 0 rg BT 105.90 471.60 Td (and ) Tj ET Q q 0 0 0 rg BT 122.86 471.60 Td (subsequently ) Tj ET Q q 0 0 0 rg BT 177.60 471.60 Td (at ) Tj ET Q q 0 0 0 rg BT 187.34 471.60 Td (cost ) Tj ET Q q 0 0 0 rg BT 205.97 471.60 Td (less ) Tj ET Q q 0 0 0 rg BT 223.49 471.60 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 276.54 471.60 Td (amortization ) Tj ET Q q 0 0 0 rg BT 329.59 471.60 Td (and ) Tj ET Q q 0 0 0 rg BT 346.55 471.60 Td (impairments, ) Tj ET Q q 0 0 0 rg BT 401.57 471.60 Td (if ) Tj ET Q q 0 0 0 rg BT 410.19 471.60 Td (any) Tj ET Q q 0 0 0 rg BT 423.98 471.60 Td (. ) Tj ET Q q 0 0 0 rg BT 429.00 471.60 Td (Upon ) Tj ET Q q 0 0 0 rg BT 453.75 471.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 485.16 471.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.89 471.60 Td (JV) Tj ET Q q 0 0 0 rg BT 510.83 471.60 Td ( ) Tj ET Q q 0 0 0 rg BT 513.16 471.60 Td (T) Tj ET Q q 0 0 0 rg BT 518.92 471.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 471.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (our ) Tj ET Q q 0 0 0 rg BT 65.24 459.60 Td (licenses ) Tj ET Q q 0 0 0 rg BT 99.31 459.60 Td (were ) Tj ET Q q 0 0 0 rg BT 121.15 459.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 158.54 459.60 Td (at ) Tj ET Q q 0 0 0 rg BT 168.17 459.60 Td (their ) Tj ET Q q 0 0 0 rg BT 188.90 459.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 205.19 459.60 Td (value ) Tj ET Q q 0 0 0 rg BT 229.26 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 246.11 459.60 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 292.96 459.60 Td (to ) Tj ET Q q 0 0 0 rg BT 303.15 459.60 Td (the ) Tj ET Q q 0 0 0 rg BT 317.78 459.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 349.08 459.60 Td (of ) Tj ET Q q 0 0 0 rg BT 359.82 459.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.45 459.60 Td (JV) Tj ET Q q 0 0 0 rg BT 385.38 459.60 Td ( ) Tj ET Q q 0 0 0 rg BT 387.62 459.60 Td (T) Tj ET Q q 0 0 0 rg BT 393.38 459.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.47 459.60 Td (, ) Tj ET Q q 0 0 0 rg BT 439.38 459.60 Td (we ) Tj ET Q q 0 0 0 rg BT 453.46 459.60 Td (record ) Tj ET Q q 0 0 0 rg BT 481.41 459.60 Td (licenses ) Tj ET Q q 0 0 0 rg BT 515.47 459.60 Td (at ) Tj ET Q q 0 0 0 rg BT 525.10 459.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 547.51 459.60 Td (less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.60 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 102.53 447.60 Td (amortization ) Tj ET Q q 0 0 0 rg BT 155.56 447.60 Td (and ) Tj ET Q q 0 0 0 rg BT 172.50 447.60 Td (impairments, ) Tj ET Q q 0 0 0 rg BT 227.49 447.60 Td (if ) Tj ET Q q 0 0 0 rg BT 236.10 447.60 Td (any) Tj ET Q q 0 0 0 rg BT 249.89 447.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 423.60 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 106.90 423.60 Td (is ) Tj ET Q q 0 0 0 rg BT 115.19 423.60 Td (not ) Tj ET Q q 0 0 0 rg BT 129.59 423.60 Td (amortized, ) Tj ET Q q 0 0 0 rg BT 173.69 423.60 Td (but ) Tj ET Q q 0 0 0 rg BT 188.09 423.60 Td (instead ) Tj ET Q q 0 0 0 rg BT 218.03 423.60 Td (is ) Tj ET Q q 0 0 0 rg BT 226.32 423.60 Td (tested ) Tj ET Q q 0 0 0 rg BT 251.27 423.60 Td (for ) Tj ET Q q 0 0 0 rg BT 264.55 423.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 312.27 423.60 Td (at ) Tj ET Q q 0 0 0 rg BT 321.10 423.60 Td (least ) Tj ET Q q 0 0 0 rg BT 341.05 423.60 Td (annually) Tj ET Q q 0 0 0 rg BT 374.83 423.60 Td (. ) Tj ET Q q 0 0 0 rg BT 378.95 423.60 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 421.11 423.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 446.06 423.60 Td (with ) Tj ET Q q 0 0 0 rg BT 465.46 423.60 Td (finite ) Tj ET Q q 0 0 0 rg BT 488.19 423.60 Td (lives ) Tj ET Q q 0 0 0 rg BT 508.69 423.60 Td (are ) Tj ET Q q 0 0 0 rg BT 522.52 423.60 Td (amortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.60 Td (on ) Tj ET Q q 0 0 0 rg BT 61.67 411.60 Td (a ) Tj ET Q q 0 0 0 rg BT 68.27 411.60 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 118.76 411.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 140.93 411.60 Td (over ) Tj ET Q q 0 0 0 rg BT 160.86 411.60 Td (their ) Tj ET Q q 0 0 0 rg BT 181.35 411.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 224.05 411.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 264.54 411.60 Td (useful ) Tj ET Q q 0 0 0 rg BT 291.15 411.60 Td (lives ) Tj ET Q q 0 0 0 rg BT 312.20 411.60 Td (to ) Tj ET Q q 0 0 0 rg BT 322.15 411.60 Td (their ) Tj ET Q q 0 0 0 rg BT 342.64 411.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 383.13 411.60 Td (residual ) Tj ET Q q 0 0 0 rg BT 416.95 411.60 Td (values ) Tj ET Q q 0 0 0 rg BT 444.66 411.60 Td (and ) Tj ET Q q 0 0 0 rg BT 461.27 411.60 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 500.08 411.60 Td (for ) Tj ET Q q 0 0 0 rg BT 513.91 411.60 Td (impairment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 387.60 Td (For ) Tj ET Q q 0 0 0 rg BT 83.89 387.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 126.38 387.60 Td (information ) Tj ET Q q 0 0 0 rg BT 176.09 387.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 216.91 387.60 Td (the ) Tj ET Q q 0 0 0 rg BT 231.63 387.60 Td (useful ) Tj ET Q q 0 0 0 rg BT 258.56 387.60 Td (lives ) Tj ET Q q 0 0 0 rg BT 279.95 387.60 Td (of ) Tj ET Q q 0 0 0 rg BT 290.78 387.60 Td (our ) Tj ET Q q 0 0 0 rg BT 306.61 387.60 Td (intangible ) Tj ET Q q 0 0 0 rg BT 349.10 387.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 377.43 387.60 Td (see ) Tj ET Q q 0 0 0 rg BT 392.70 387.60 Td (note ) Tj ET Q q 0 0 0 rg BT 412.42 387.60 Td (8.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 363.60 Td (Impairment ) Tj ET Q q 0 0 0 rg BT 109.90 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 120.73 363.60 Td (Property ) Tj ET Q q 0 0 0 rg BT 158.77 363.60 Td (and ) Tj ET Q q 0 0 0 rg BT 176.83 363.60 Td (Equipment ) Tj ET Q q 0 0 0 rg BT 224.90 363.60 Td (and ) Tj ET Q q 0 0 0 rg BT 242.96 363.60 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 287.88 363.60 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 339.60 Td (When ) Tj ET Q q 0 0 0 rg BT 93.50 339.60 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 152.25 339.60 Td (warrant, ) Tj ET Q q 0 0 0 rg BT 187.41 339.60 Td (we ) Tj ET Q q 0 0 0 rg BT 201.19 339.60 Td (review ) Tj ET Q q 0 0 0 rg BT 230.51 339.60 Td (the ) Tj ET Q q 0 0 0 rg BT 244.85 339.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 280.28 339.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 316.29 339.60 Td (of ) Tj ET Q q 0 0 0 rg BT 326.73 339.60 Td (our ) Tj ET Q q 0 0 0 rg BT 342.18 339.60 Td (property ) Tj ET Q q 0 0 0 rg BT 378.18 339.60 Td (and ) Tj ET Q q 0 0 0 rg BT 394.73 339.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 439.06 339.60 Td (and ) Tj ET Q q 0 0 0 rg BT 455.62 339.60 Td (our ) Tj ET Q q 0 0 0 rg BT 471.07 339.60 Td (intangible ) Tj ET Q q 0 0 0 rg BT 513.18 339.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 538.63 339.60 Td (\(other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (than ) Tj ET Q q 0 0 0 rg BT 68.55 327.60 Td (goodwill\) ) Tj ET Q q 0 0 0 rg BT 109.28 327.60 Td (to ) Tj ET Q q 0 0 0 rg BT 118.89 327.60 Td (determine ) Tj ET Q q 0 0 0 rg BT 160.71 327.60 Td (whether ) Tj ET Q q 0 0 0 rg BT 194.76 327.60 Td (such ) Tj ET Q q 0 0 0 rg BT 214.92 327.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 250.08 327.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 285.80 327.60 Td (continue ) Tj ET Q q 0 0 0 rg BT 322.07 327.60 Td (to ) Tj ET Q q 0 0 0 rg BT 331.69 327.60 Td (be ) Tj ET Q q 0 0 0 rg BT 342.96 327.60 Td (recoverable. ) Tj ET Q q 0 0 0 rg BT 393.93 327.60 Td (Such ) Tj ET Q q 0 0 0 rg BT 415.77 327.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 449.81 327.60 Td (in ) Tj ET Q q 0 0 0 rg BT 459.43 327.60 Td (circumstance ) Tj ET Q q 0 0 0 rg BT 514.02 327.60 Td (may ) Tj ET Q q 0 0 0 rg BT 533.07 327.60 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.60 Td (\(i\)an ) Tj ET Q q 0 0 0 rg BT 72.70 315.60 Td (expectation ) Tj ET Q q 0 0 0 rg BT 120.62 315.60 Td (of ) Tj ET Q q 0 0 0 rg BT 130.77 315.60 Td (a ) Tj ET Q q 0 0 0 rg BT 137.04 315.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 154.41 315.60 Td (or ) Tj ET Q q 0 0 0 rg BT 164.56 315.60 Td (disposal ) Tj ET Q q 0 0 0 rg BT 199.17 315.60 Td (of ) Tj ET Q q 0 0 0 rg BT 209.32 315.60 Td (a ) Tj ET Q q 0 0 0 rg BT 215.58 315.60 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 258.51 315.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 279.78 315.60 Td (or ) Tj ET Q q 0 0 0 rg BT 289.93 315.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 311.20 315.60 Td (group, ) Tj ET Q q 0 0 0 rg BT 338.85 315.60 Td (\(ii\)adverse ) Tj ET Q q 0 0 0 rg BT 385.93 315.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 419.96 315.60 Td (in ) Tj ET Q q 0 0 0 rg BT 429.57 315.60 Td (market ) Tj ET Q q 0 0 0 rg BT 459.16 315.60 Td (or ) Tj ET Q q 0 0 0 rg BT 469.31 315.60 Td (competitive ) Tj ET Q q 0 0 0 rg BT 518.34 315.60 Td (conditions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.60 Td (\(iii\)an ) Tj ET Q q 0 0 0 rg BT 79.63 303.60 Td (adverse ) Tj ET Q q 0 0 0 rg BT 113.37 303.60 Td (change ) Tj ET Q q 0 0 0 rg BT 144.89 303.60 Td (in ) Tj ET Q q 0 0 0 rg BT 155.87 303.60 Td (legal ) Tj ET Q q 0 0 0 rg BT 178.50 303.60 Td (factors ) Tj ET Q q 0 0 0 rg BT 208.91 303.60 Td (or ) Tj ET Q q 0 0 0 rg BT 220.44 303.60 Td (business ) Tj ET Q q 0 0 0 rg BT 257.53 303.60 Td (climate ) Tj ET Q q 0 0 0 rg BT 290.16 303.60 Td (in ) Tj ET Q q 0 0 0 rg BT 301.14 303.60 Td (the ) Tj ET Q q 0 0 0 rg BT 316.56 303.60 Td (market ) Tj ET Q q 0 0 0 rg BT 347.52 303.60 Td (in ) Tj ET Q q 0 0 0 rg BT 358.50 303.60 Td (which ) Tj ET Q q 0 0 0 rg BT 386.14 303.60 Td (we ) Tj ET Q q 0 0 0 rg BT 401.00 303.60 Td (operate, ) Tj ET Q q 0 0 0 rg BT 436.13 303.60 Td (and ) Tj ET Q q 0 0 0 rg BT 453.77 303.60 Td (\(iv\)operating ) Tj ET Q q 0 0 0 rg BT 511.67 303.60 Td (or ) Tj ET Q q 0 0 0 rg BT 523.20 303.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 544.17 303.60 Td (flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.60 Td (losses. ) Tj ET Q q 0 0 0 rg BT 79.22 291.60 Td (For ) Tj ET Q q 0 0 0 rg BT 96.45 291.60 Td (purposes ) Tj ET Q q 0 0 0 rg BT 135.33 291.60 Td (of ) Tj ET Q q 0 0 0 rg BT 147.00 291.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 196.43 291.60 Td (testing, ) Tj ET Q q 0 0 0 rg BT 228.92 291.60 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 273.36 291.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 300.02 291.60 Td (are ) Tj ET Q q 0 0 0 rg BT 315.56 291.60 Td (grouped ) Tj ET Q q 0 0 0 rg BT 351.66 291.60 Td (at ) Tj ET Q q 0 0 0 rg BT 362.21 291.60 Td (the ) Tj ET Q q 0 0 0 rg BT 377.76 291.60 Td (lowest ) Tj ET Q q 0 0 0 rg BT 407.20 291.60 Td (level ) Tj ET Q q 0 0 0 rg BT 429.97 291.60 Td (for ) Tj ET Q q 0 0 0 rg BT 444.96 291.60 Td (which ) Tj ET Q q 0 0 0 rg BT 472.73 291.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 493.83 291.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 519.39 291.60 Td (are ) Tj ET Q q 0 0 0 rg BT 534.93 291.60 Td (lar) Tj ET Q q 0 0 0 rg BT 545.29 291.60 Td (gely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.60 Td (independent ) Tj ET Q q 0 0 0 rg BT 100.64 279.60 Td (of ) Tj ET Q q 0 0 0 rg BT 111.24 279.60 Td (other ) Tj ET Q q 0 0 0 rg BT 134.05 279.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 159.65 279.60 Td (and ) Tj ET Q q 0 0 0 rg BT 176.36 279.60 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 218.34 279.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 257.81 279.60 Td (at ) Tj ET Q q 0 0 0 rg BT 267.30 279.60 Td (or ) Tj ET Q q 0 0 0 rg BT 277.90 279.60 Td (below ) Tj ET Q q 0 0 0 rg BT 304.60 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 319.09 279.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 358.01 279.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 375.84 279.60 Td (level ) Tj ET Q q 0 0 0 rg BT 397.54 279.60 Td (\(see ) Tj ET Q q 0 0 0 rg BT 415.90 279.60 Td (below\). ) Tj ET Q q 0 0 0 rg BT 448.44 279.60 Td (If ) Tj ET Q q 0 0 0 rg BT 457.37 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 471.85 279.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 507.44 279.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 539.70 279.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 279.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 70.61 267.60 Td (or ) Tj ET Q q 0 0 0 rg BT 80.61 267.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 101.72 267.60 Td (group ) Tj ET Q q 0 0 0 rg BT 126.73 267.60 Td (is ) Tj ET Q q 0 0 0 rg BT 135.07 267.60 Td (greater ) Tj ET Q q 0 0 0 rg BT 164.50 267.60 Td (than ) Tj ET Q q 0 0 0 rg BT 183.38 267.60 Td (the ) Tj ET Q q 0 0 0 rg BT 197.27 267.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 234.48 267.60 Td (undiscounted ) Tj ET Q q 0 0 0 rg BT 289.48 267.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 308.92 267.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 332.81 267.60 Td (to ) Tj ET Q q 0 0 0 rg BT 342.26 267.60 Td (be ) Tj ET Q q 0 0 0 rg BT 353.37 267.60 Td (generated ) Tj ET Q q 0 0 0 rg BT 393.91 267.60 Td (by ) Tj ET Q q 0 0 0 rg BT 405.58 267.60 Td (such ) Tj ET Q q 0 0 0 rg BT 425.58 267.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 446.69 267.60 Td (or ) Tj ET Q q 0 0 0 rg BT 456.69 267.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 477.81 267.60 Td (group, ) Tj ET Q q 0 0 0 rg BT 505.31 267.60 Td (an ) Tj ET Q q 0 0 0 rg BT 516.42 267.60 Td (impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.60 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 95.58 255.60 Td (is ) Tj ET Q q 0 0 0 rg BT 104.45 255.60 Td (recognized. ) Tj ET Q q 0 0 0 rg BT 153.01 255.60 Td (Such ) Tj ET Q q 0 0 0 rg BT 175.21 255.60 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 221.29 255.60 Td (is ) Tj ET Q q 0 0 0 rg BT 230.16 255.60 Td (measured ) Tj ET Q q 0 0 0 rg BT 270.68 255.60 Td (by ) Tj ET Q q 0 0 0 rg BT 282.88 255.60 Td (the ) Tj ET Q q 0 0 0 rg BT 297.30 255.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 329.49 255.60 Td (that ) Tj ET Q q 0 0 0 rg BT 346.69 255.60 Td (the ) Tj ET Q q 0 0 0 rg BT 361.10 255.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 396.62 255.60 Td (value ) Tj ET Q q 0 0 0 rg BT 420.47 255.60 Td (of ) Tj ET Q q 0 0 0 rg BT 431.00 255.60 Td (such ) Tj ET Q q 0 0 0 rg BT 451.53 255.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 473.17 255.60 Td (or ) Tj ET Q q 0 0 0 rg BT 483.70 255.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 505.34 255.60 Td (group ) Tj ET Q q 0 0 0 rg BT 530.87 255.60 Td (exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.60 Td (its ) Tj ET Q q 0 0 0 rg BT 62.01 243.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 78.94 243.60 Td (value. ) Tj ET Q q 0 0 0 rg BT 105.94 243.60 Td (W) Tj ET Q q 0 0 0 rg BT 114.57 243.60 Td (e ) Tj ET Q q 0 0 0 rg BT 122.07 243.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 162.33 243.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 198.71 243.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 215.64 243.60 Td (value ) Tj ET Q q 0 0 0 rg BT 240.36 243.60 Td (by ) Tj ET Q q 0 0 0 rg BT 253.42 243.60 Td (considering ) Tj ET Q q 0 0 0 rg BT 303.13 243.60 Td (\(a\)sale ) Tj ET Q q 0 0 0 rg BT 335.34 243.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 362.27 243.60 Td (for ) Tj ET Q q 0 0 0 rg BT 376.99 243.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 407.82 243.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 436.71 243.60 Td (\(b\)discounted ) Tj ET Q q 0 0 0 rg BT 497.26 243.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 538.64 243.60 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 69.89 231.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 94.74 231.60 Td (using ) Tj ET Q q 0 0 0 rg BT 119.03 231.60 Td (an ) Tj ET Q q 0 0 0 rg BT 131.10 231.60 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 179.25 231.60 Td (discount ) Tj ET Q q 0 0 0 rg BT 215.76 231.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 233.37 231.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 261.55 231.60 Td (\(c\)estimated ) Tj ET Q q 0 0 0 rg BT 316.09 231.60 Td (replacement ) Tj ET Q q 0 0 0 rg BT 367.57 231.60 Td (cost. ) Tj ET Q q 0 0 0 rg BT 388.23 231.60 Td (Assets ) Tj ET Q q 0 0 0 rg BT 416.96 231.60 Td (to ) Tj ET Q q 0 0 0 rg BT 427.37 231.60 Td (be ) Tj ET Q q 0 0 0 rg BT 439.43 231.60 Td (disposed ) Tj ET Q q 0 0 0 rg BT 477.05 231.60 Td (of ) Tj ET Q q 0 0 0 rg BT 488.01 231.60 Td (are ) Tj ET Q q 0 0 0 rg BT 502.84 231.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 540.44 231.60 Td (at ) Tj ET Q q 0 0 0 rg BT 550.28 231.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 74.77 219.60 Td (of ) Tj ET Q q 0 0 0 rg BT 85.60 219.60 Td (their ) Tj ET Q q 0 0 0 rg BT 106.42 219.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 142.24 219.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 174.73 219.60 Td (or ) Tj ET Q q 0 0 0 rg BT 185.56 219.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 201.94 219.60 Td (value ) Tj ET Q q 0 0 0 rg BT 226.10 219.60 Td (less ) Tj ET Q q 0 0 0 rg BT 243.60 219.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 266.10 219.60 Td (to ) Tj ET Q q 0 0 0 rg BT 276.38 219.60 Td (sell.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 195.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 195.60 Td (e ) Tj ET Q q 0 0 0 rg BT 82.78 195.60 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 118.29 195.60 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 156.04 195.60 Td (for ) Tj ET Q q 0 0 0 rg BT 169.90 195.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 218.20 195.60 Td (at ) Tj ET Q q 0 0 0 rg BT 227.62 195.60 Td (least ) Tj ET Q q 0 0 0 rg BT 248.14 195.60 Td (annually ) Tj ET Q q 0 0 0 rg BT 284.78 195.60 Td (on ) Tj ET Q q 0 0 0 rg BT 296.98 195.60 Td (October1 ) Tj ET Q q 0 0 0 rg BT 338.88 195.60 Td (and ) Tj ET Q q 0 0 0 rg BT 355.52 195.60 Td (whenever ) Tj ET Q q 0 0 0 rg BT 396.59 195.60 Td (facts ) Tj ET Q q 0 0 0 rg BT 417.66 195.60 Td (and ) Tj ET Q q 0 0 0 rg BT 434.30 195.60 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 493.14 195.60 Td (indicate ) Tj ET Q q 0 0 0 rg BT 526.99 195.60 Td (that ) Tj ET Q q 0 0 0 rg BT 544.19 195.60 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 86.56 183.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 124.20 183.60 Td (may ) Tj ET Q q 0 0 0 rg BT 145.16 183.60 Td (not ) Tj ET Q q 0 0 0 rg BT 161.69 183.60 Td (be ) Tj ET Q q 0 0 0 rg BT 174.87 183.60 Td (recoverable. ) Tj ET Q q 0 0 0 rg BT 227.75 183.60 Td (For ) Tj ET Q q 0 0 0 rg BT 245.39 183.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 295.24 183.60 Td (evaluations ) Tj ET Q q 0 0 0 rg BT 344.53 183.60 Td (with ) Tj ET Q q 0 0 0 rg BT 366.05 183.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 398.12 183.60 Td (to ) Tj ET Q q 0 0 0 rg BT 409.64 183.60 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 451.45 183.60 Td (we ) Tj ET Q q 0 0 0 rg BT 466.85 183.60 Td (first ) Tj ET Q q 0 0 0 rg BT 486.71 183.60 Td (make ) Tj ET Q q 0 0 0 rg BT 512.11 183.60 Td (a ) Tj ET Q q 0 0 0 rg BT 520.30 183.60 Td (qualitative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.60 Td (assessment ) Tj ET Q q 0 0 0 rg BT 96.78 171.60 Td (to ) Tj ET Q q 0 0 0 rg BT 107.39 171.60 Td (determine ) Tj ET Q q 0 0 0 rg BT 150.21 171.60 Td (if ) Tj ET Q q 0 0 0 rg BT 159.15 171.60 Td (the ) Tj ET Q q 0 0 0 rg BT 174.21 171.60 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 212.60 171.60 Td (may ) Tj ET Q q 0 0 0 rg BT 232.65 171.60 Td (be ) Tj ET Q q 0 0 0 rg BT 244.93 171.60 Td (impaired. ) Tj ET Q q 0 0 0 rg BT 285.81 171.60 Td (If ) Tj ET Q q 0 0 0 rg BT 295.31 171.60 Td (it ) Tj ET Q q 0 0 0 rg BT 303.70 171.60 Td (is ) Tj ET Q q 0 0 0 rg BT 313.21 171.60 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 399.35 171.60 Td (that ) Tj ET Q q 0 0 0 rg BT 417.18 171.60 Td (the ) Tj ET Q q 0 0 0 rg BT 432.23 171.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 471.73 171.60 Td (unit) Tj ET Q q 0 0 0 rg BT 490.06 171.60 Td (s ) Tj ET Q q 0 0 0 rg BT 496.79 171.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 513.50 171.60 Td (value ) Tj ET Q q 0 0 0 rg BT 538.00 171.60 Td (is ) Tj ET Q q 0 0 0 rg BT 547.50 171.60 Td (less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.60 Td (than ) Tj ET Q q 0 0 0 rg BT 69.36 159.60 Td (its ) Tj ET Q q 0 0 0 rg BT 81.46 159.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 117.42 159.60 Td (value, ) Tj ET Q q 0 0 0 rg BT 144.22 159.60 Td (we ) Tj ET Q q 0 0 0 rg BT 158.53 159.60 Td (then ) Tj ET Q q 0 0 0 rg BT 178.39 159.60 Td (compare ) Tj ET Q q 0 0 0 rg BT 215.46 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 230.33 159.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 246.85 159.60 Td (value ) Tj ET Q q 0 0 0 rg BT 271.15 159.60 Td (of ) Tj ET Q q 0 0 0 rg BT 282.13 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 296.99 159.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 336.29 159.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 354.50 159.60 Td (to ) Tj ET Q q 0 0 0 rg BT 364.92 159.60 Td (its ) Tj ET Q q 0 0 0 rg BT 377.01 159.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 420.19 159.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 456.16 159.60 Td (amount. ) Tj ET Q q 0 0 0 rg BT 490.71 159.60 Td (Any ) Tj ET Q q 0 0 0 rg BT 510.58 159.60 Td (excess ) Tj ET Q q 0 0 0 rg BT 539.33 159.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 159.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 84.78 147.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 116.74 147.60 Td (over ) Tj ET Q q 0 0 0 rg BT 136.48 147.60 Td (the ) Tj ET Q q 0 0 0 rg BT 150.66 147.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 166.50 147.60 Td (value ) Tj ET Q q 0 0 0 rg BT 190.12 147.60 Td (would ) Tj ET Q q 0 0 0 rg BT 217.09 147.60 Td (be ) Tj ET Q q 0 0 0 rg BT 228.49 147.60 Td (char) Tj ET Q q 0 0 0 rg BT 245.52 147.60 Td (ged ) Tj ET Q q 0 0 0 rg BT 261.92 147.60 Td (to ) Tj ET Q q 0 0 0 rg BT 271.66 147.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 315.28 147.60 Td (as ) Tj ET Q q 0 0 0 rg BT 325.58 147.60 Td (an ) Tj ET Q q 0 0 0 rg BT 336.98 147.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 385.05 147.60 Td (loss. ) Tj ET Q q 0 0 0 rg BT 404.64 147.60 Td (A) Tj ET Q q 0 0 0 rg BT 411.31 147.60 Td ( ) Tj ET Q q 0 0 0 rg BT 413.28 147.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 451.90 147.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 469.42 147.60 Td (is ) Tj ET Q q 0 0 0 rg BT 478.05 147.60 Td (an ) Tj ET Q q 0 0 0 rg BT 489.46 147.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 529.19 147.60 Td (segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (or ) Tj ET Q q 0 0 0 rg BT 59.61 135.60 Td (one ) Tj ET Q q 0 0 0 rg BT 75.82 135.60 Td (level ) Tj ET Q q 0 0 0 rg BT 97.03 135.60 Td (below ) Tj ET Q q 0 0 0 rg BT 123.25 135.60 Td (an ) Tj ET Q q 0 0 0 rg BT 134.47 135.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 174.01 135.60 Td (segment ) Tj ET Q q 0 0 0 rg BT 209.11 135.60 Td (\(referred ) Tj ET Q q 0 0 0 rg BT 245.85 135.60 Td (to ) Tj ET Q q 0 0 0 rg BT 255.41 135.60 Td (as ) Tj ET Q q 0 0 0 rg BT 265.52 135.60 Td (a ) Tj ET Q q 0 0 0 rg BT 271.73 135.60 Td ("component"\). ) Tj ET Q q 0 0 0 rg BT 331.81 135.60 Td (W) Tj ET Q q 0 0 0 rg BT 340.45 135.60 Td (e ) Tj ET Q q 0 0 0 rg BT 346.66 135.60 Td (have ) Tj ET Q q 0 0 0 rg BT 367.32 135.60 Td (identified ) Tj ET Q q 0 0 0 rg BT 407.41 135.60 Td (one ) Tj ET Q q 0 0 0 rg BT 423.63 135.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 462.06 135.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 479.40 135.60 Td (to ) Tj ET Q q 0 0 0 rg BT 488.95 135.60 Td (which ) Tj ET Q q 0 0 0 rg BT 515.17 135.60 Td (all ) Tj ET Q q 0 0 0 rg BT 526.94 135.60 Td (goodwill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.60 Td (is ) Tj ET Q q 0 0 0 rg BT 58.67 123.60 Td (assigned.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 99.60 Td (Income ) Tj ET Q q 0 0 0 rg BT 92.11 99.60 Td (T) Tj ET Q q 0 0 0 rg BT 97.30 99.60 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 75.60 Td (Income ) Tj ET Q q 0 0 0 rg BT 100.20 75.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 123.45 75.60 Td (are ) Tj ET Q q 0 0 0 rg BT 138.37 75.60 Td (accounted ) Tj ET Q q 0 0 0 rg BT 181.61 75.60 Td (for ) Tj ET Q q 0 0 0 rg BT 195.98 75.60 Td (under ) Tj ET Q q 0 0 0 rg BT 221.46 75.60 Td (the ) Tj ET Q q 0 0 0 rg BT 236.39 75.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 258.54 75.60 Td (and ) Tj ET Q q 0 0 0 rg BT 275.68 75.60 Td (liability ) Tj ET Q q 0 0 0 rg BT 309.50 75.60 Td (method. ) Tj ET Q q 0 0 0 rg BT 344.51 75.60 Td (W) Tj ET Q q 0 0 0 rg BT 353.15 75.60 Td (e ) Tj ET Q q 0 0 0 rg BT 360.30 75.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 401.87 75.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 437.89 75.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 452.81 75.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 478.85 75.60 Td (and ) Tj ET Q q 0 0 0 rg BT 496.00 75.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 535.93 75.60 Td (for ) Tj ET Q q 0 0 0 rg BT 550.30 75.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 63.60 Td (future ) Tj ET Q q 0 0 0 rg BT 75.18 63.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 89.20 63.60 Td (consequences ) Tj ET Q q 0 0 0 rg BT 145.97 63.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 193.31 63.60 Td (to ) Tj ET Q q 0 0 0 rg BT 202.89 63.60 Td (dif) Tj ET Q q 0 0 0 rg BT 213.82 63.60 Td (ferences ) Tj ET Q q 0 0 0 rg BT 248.92 63.60 Td (between ) Tj ET Q q 0 0 0 rg BT 284.04 63.60 Td (the ) Tj ET Q q 0 0 0 rg BT 298.06 63.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 334.84 63.60 Td (statement ) Tj ET Q q 0 0 0 rg BT 374.96 63.60 Td (carrying ) Tj ET Q q 0 0 0 rg BT 410.08 63.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 445.76 63.60 Td (and ) Tj ET Q q 0 0 0 rg BT 462.00 63.60 Td (income ) Tj ET Q q 0 0 0 rg BT 493.24 63.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 507.25 63.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 529.05 63.60 Td (of ) Tj ET Q q 0 0 0 rg BT 539.19 63.60 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 51.60 Td (and ) Tj ET Q q 0 0 0 rg BT 65.87 51.60 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 107.52 51.60 Td (and ) Tj ET Q q 0 0 0 rg BT 123.89 51.60 Td (the ) Tj ET Q q 0 0 0 rg BT 138.04 51.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 175.51 51.60 Td (benefits ) Tj ET Q q 0 0 0 rg BT 209.10 51.60 Td (of ) Tj ET Q q 0 0 0 rg BT 219.36 51.60 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 254.63 51.60 Td (net ) Tj ET Q q 0 0 0 rg BT 268.78 51.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 308.47 51.60 Td (loss ) Tj ET Q q 0 0 0 rg BT 325.97 51.60 Td (and ) Tj ET Q q 0 0 0 rg BT 342.34 51.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 356.49 51.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 381.19 51.60 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 439.20 51.60 Td (using ) Tj ET Q q 0 0 0 rg BT 462.81 51.60 Td (enacted ) Tj ET Q q 0 0 0 rg BT 495.27 51.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 509.42 51.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 530.23 51.60 Td (in ) Tj ET Q q 0 0 0 rg BT 539.94 51.60 Td (ef) Tj ET Q q 0 0 0 rg BT 547.53 51.60 Td (fect ) Tj ET Q endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 699.60 Td (for ) Tj ET Q q 0 0 0 rg BT 63.91 699.60 Td (each ) Tj ET Q q 0 0 0 rg BT 84.98 699.60 Td (taxing ) Tj ET Q q 0 0 0 rg BT 112.73 699.60 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 161.04 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 171.57 699.60 Td (which ) Tj ET Q q 0 0 0 rg BT 198.76 699.60 Td (we ) Tj ET Q q 0 0 0 rg BT 213.18 699.60 Td (operate ) Tj ET Q q 0 0 0 rg BT 245.35 699.60 Td (for ) Tj ET Q q 0 0 0 rg BT 259.77 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 274.74 699.60 Td (year ) Tj ET Q q 0 0 0 rg BT 294.70 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 305.23 699.60 Td (which ) Tj ET Q q 0 0 0 rg BT 332.42 699.60 Td (those ) Tj ET Q q 0 0 0 rg BT 356.29 699.60 Td (temporary ) Tj ET Q q 0 0 0 rg BT 400.13 699.60 Td (dif) Tj ET Q q 0 0 0 rg BT 411.06 699.60 Td (ferences ) Tj ET Q q 0 0 0 rg BT 447.12 699.60 Td (are ) Tj ET Q q 0 0 0 rg BT 462.08 699.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 500.37 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 510.90 699.60 Td (be ) Tj ET Q q 0 0 0 rg BT 523.09 699.60 Td (recovered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 687.60 Td (or ) Tj ET Q q 0 0 0 rg BT 59.88 687.60 Td (settled. ) Tj ET Q q 0 0 0 rg BT 90.39 687.60 Td (W) Tj ET Q q 0 0 0 rg BT 99.03 687.60 Td (e ) Tj ET Q q 0 0 0 rg BT 105.52 687.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 146.44 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 160.71 687.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 197.75 687.60 Td (statement ) Tj ET Q q 0 0 0 rg BT 238.12 687.60 Td (ef) Tj ET Q q 0 0 0 rg BT 245.71 687.60 Td (fects ) Tj ET Q q 0 0 0 rg BT 266.64 687.60 Td (of ) Tj ET Q q 0 0 0 rg BT 277.03 687.60 Td (a ) Tj ET Q q 0 0 0 rg BT 283.52 687.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 297.79 687.60 Td (position ) Tj ET Q q 0 0 0 rg BT 332.07 687.60 Td (when ) Tj ET Q q 0 0 0 rg BT 355.79 687.60 Td (it ) Tj ET Q q 0 0 0 rg BT 363.40 687.60 Td (is ) Tj ET Q q 0 0 0 rg BT 372.12 687.60 Td (more-likely-than-not, ) Tj ET Q q 0 0 0 rg BT 459.98 687.60 Td (based ) Tj ET Q q 0 0 0 rg BT 484.81 687.60 Td (on ) Tj ET Q q 0 0 0 rg BT 496.86 687.60 Td (technical ) Tj ET Q q 0 0 0 rg BT 535.01 687.60 Td (merits, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (that ) Tj ET Q q 0 0 0 rg BT 67.75 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 83.22 675.60 Td (position ) Tj ET Q q 0 0 0 rg BT 118.71 675.60 Td (will ) Tj ET Q q 0 0 0 rg BT 137.52 675.60 Td (be ) Tj ET Q q 0 0 0 rg BT 150.21 675.60 Td (sustained ) Tj ET Q q 0 0 0 rg BT 190.69 675.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 213.94 675.60 Td (examination. ) Tj ET Q q 0 0 0 rg BT 269.13 675.60 Td (Net ) Tj ET Q q 0 0 0 rg BT 286.82 675.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 323.38 675.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 338.85 675.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 365.44 675.60 Td (are ) Tj ET Q q 0 0 0 rg BT 380.90 675.60 Td (then ) Tj ET Q q 0 0 0 rg BT 401.38 675.60 Td (reduced ) Tj ET Q q 0 0 0 rg BT 436.28 675.60 Td (by ) Tj ET Q q 0 0 0 rg BT 449.53 675.60 Td (a ) Tj ET Q q 0 0 0 rg BT 457.23 675.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 497.70 675.60 Td (allowance ) Tj ET Q q 0 0 0 rg BT 541.48 675.60 Td (if ) Tj ET Q q 0 0 0 rg BT 550.85 675.60 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 80.81 663.60 Td (it ) Tj ET Q q 0 0 0 rg BT 88.81 663.60 Td (is ) Tj ET Q q 0 0 0 rg BT 97.92 663.60 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 183.67 663.60 Td (such ) Tj ET Q q 0 0 0 rg BT 204.44 663.60 Td (net ) Tj ET Q q 0 0 0 rg BT 219.10 663.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 254.85 663.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 269.50 663.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 295.28 663.60 Td (will ) Tj ET Q q 0 0 0 rg BT 313.27 663.60 Td (not ) Tj ET Q q 0 0 0 rg BT 328.49 663.60 Td (be ) Tj ET Q q 0 0 0 rg BT 340.37 663.60 Td (realized. ) Tj ET Q q 0 0 0 rg BT 376.78 663.60 Td (The ) Tj ET Q q 0 0 0 rg BT 394.77 663.60 Td (ef) Tj ET Q q 0 0 0 rg BT 402.36 663.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 419.78 663.60 Td (on ) Tj ET Q q 0 0 0 rg BT 432.22 663.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 467.97 663.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 482.63 663.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 508.40 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 525.28 663.60 Td (liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.54 651.60 Td (a ) Tj ET Q q 0 0 0 rg BT 67.69 651.60 Td (change ) Tj ET Q q 0 0 0 rg BT 98.71 651.60 Td (in ) Tj ET Q q 0 0 0 rg BT 109.20 651.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 124.12 651.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 145.71 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 155.09 651.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 201.66 651.60 Td (in ) Tj ET Q q 0 0 0 rg BT 212.15 651.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 248.73 651.60 Td (in ) Tj ET Q q 0 0 0 rg BT 259.22 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 274.15 651.60 Td (period ) Tj ET Q q 0 0 0 rg BT 302.40 651.60 Td (that ) Tj ET Q q 0 0 0 rg BT 320.11 651.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 356.14 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 371.07 651.60 Td (enactment ) Tj ET Q q 0 0 0 rg BT 414.86 651.60 Td (date. ) Tj ET Q q 0 0 0 rg BT 436.73 651.60 Td (Interest ) Tj ET Q q 0 0 0 rg BT 469.42 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 486.57 651.60 Td (penalties ) Tj ET Q q 0 0 0 rg BT 524.82 651.60 Td (related ) Tj ET Q q 0 0 0 rg BT 554.73 651.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.60 Td (income ) Tj ET Q q 0 0 0 rg BT 81.43 639.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 96.15 639.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 135.87 639.60 Td (are ) Tj ET Q q 0 0 0 rg BT 150.57 639.60 Td (included ) Tj ET Q q 0 0 0 rg BT 187.51 639.60 Td (in ) Tj ET Q q 0 0 0 rg BT 197.79 639.60 Td (income ) Tj ET Q q 0 0 0 rg BT 229.72 639.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 244.44 639.60 Td (expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 615.60 Td (Upon ) Tj ET Q q 0 0 0 rg BT 91.59 615.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 122.35 615.60 Td (of ) Tj ET Q q 0 0 0 rg BT 132.55 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 146.64 615.60 Td (JV) Tj ET Q q 0 0 0 rg BT 157.57 615.60 Td ( ) Tj ET Q q 0 0 0 rg BT 159.31 615.60 Td (T) Tj ET Q q 0 0 0 rg BT 165.07 615.60 Td (ransaction, ) Tj ET Q q 0 0 0 rg BT 210.40 615.60 Td (V) Tj ET Q q 0 0 0 rg BT 216.33 615.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 274.30 615.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 301.72 615.60 Td (Holding ) Tj ET Q q 0 0 0 rg BT 336.37 615.60 Td (together ) Tj ET Q q 0 0 0 rg BT 371.00 615.60 Td (with ) Tj ET Q q 0 0 0 rg BT 390.52 615.60 Td (V) Tj ET Q q 0 0 0 rg BT 396.45 615.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 454.42 615.60 Td (and ) Tj ET Q q 0 0 0 rg BT 470.73 615.60 Td (its ) Tj ET Q q 0 0 0 rg BT 482.05 615.60 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 533.63 615.60 Td (formed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 603.60 Td (a ) Tj ET Q q 0 0 0 rg BT 57.09 603.60 Td (new ) Tj ET Q q 0 0 0 rg BT 76.91 603.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 101.72 603.60 Td (unity ) Tj ET Q q 0 0 0 rg BT 125.43 603.60 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.14 603.60 Td (V) Tj ET Q q 0 0 0 rg BT 150.44 603.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 211.94 603.60 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 240.09 603.60 Td (Unity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.98 603.60 Td (\). ) Tj ET Q q 0 0 0 rg BT 272.74 603.60 Td (The ) Tj ET Q q 0 0 0 rg BT 291.21 603.60 Td (V) Tj ET Q q 0 0 0 rg BT 297.14 603.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 356.39 603.60 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 383.43 603.60 Td (Unity ) Tj ET Q q 0 0 0 rg BT 409.37 603.60 Td (is ) Tj ET Q q 0 0 0 rg BT 419.19 603.60 Td (one ) Tj ET Q q 0 0 0 rg BT 436.79 603.60 Td (taxpayer ) Tj ET Q q 0 0 0 rg BT 474.37 603.60 Td (for ) Tj ET Q q 0 0 0 rg BT 489.18 603.60 Td (the ) Tj ET Q q 0 0 0 rg BT 504.56 603.60 Td (period ) Tj ET Q q 0 0 0 rg BT 533.26 603.60 Td (of ) Tj ET Q q 0 0 0 rg BT 544.74 603.60 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.60 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 95.80 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 105.44 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 119.51 591.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 150.26 591.60 Td (of ) Tj ET Q q 0 0 0 rg BT 160.45 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 174.52 591.60 Td (JV) Tj ET Q q 0 0 0 rg BT 185.46 591.60 Td ( ) Tj ET Q q 0 0 0 rg BT 187.18 591.60 Td (T) Tj ET Q q 0 0 0 rg BT 192.94 591.60 Td (ransaction. ) Tj ET Q q 0 0 0 rg BT 238.39 591.60 Td (Related-party ) Tj ET Q q 0 0 0 rg BT 294.67 591.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 308.75 591.60 Td (allocations ) Tj ET Q q 0 0 0 rg BT 353.92 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 363.56 591.60 Td (our ) Tj ET Q q 0 0 0 rg BT 378.75 591.60 Td (company ) Tj ET Q q 0 0 0 rg BT 417.27 591.60 Td (from ) Tj ET Q q 0 0 0 rg BT 438.43 591.60 Td (V) Tj ET Q q 0 0 0 rg BT 444.36 591.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 502.32 591.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 529.73 591.60 Td (Holding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.60 Td (are ) Tj ET Q q 0 0 0 rg BT 63.75 579.60 Td (not ) Tj ET Q q 0 0 0 rg BT 78.56 579.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 108.93 579.60 Td (to ) Tj ET Q q 0 0 0 rg BT 118.74 579.60 Td (tax-sharing ) Tj ET Q q 0 0 0 rg BT 165.77 579.60 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 215.84 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 232.31 579.60 Td (no ) Tj ET Q q 0 0 0 rg BT 244.35 579.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 264.16 579.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 304.52 579.60 Td (will ) Tj ET Q q 0 0 0 rg BT 322.12 579.60 Td (be ) Tj ET Q q 0 0 0 rg BT 333.60 579.60 Td (made ) Tj ET Q q 0 0 0 rg BT 357.29 579.60 Td (between ) Tj ET Q q 0 0 0 rg BT 392.50 579.60 Td (V) Tj ET Q q 0 0 0 rg BT 398.43 579.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 456.56 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 472.89 579.60 Td (V) Tj ET Q q 0 0 0 rg BT 478.82 579.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 536.96 579.60 Td (Group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.60 Td (Holding ) Tj ET Q q 0 0 0 rg BT 85.92 567.60 Td (related ) Tj ET Q q 0 0 0 rg BT 116.76 567.60 Td (to ) Tj ET Q q 0 0 0 rg BT 128.17 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 144.03 567.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 172.10 567.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 187.96 567.60 Td (attributes. ) Tj ET Q q 0 0 0 rg BT 230.50 567.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 279.84 567.60 Td (, ) Tj ET Q q 0 0 0 rg BT 285.98 567.60 Td (related-party ) Tj ET Q q 0 0 0 rg BT 340.69 567.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 356.55 567.60 Td (allocations ) Tj ET Q q 0 0 0 rg BT 403.51 567.60 Td (will ) Tj ET Q q 0 0 0 rg BT 422.70 567.60 Td (be ) Tj ET Q q 0 0 0 rg BT 435.78 567.60 Td (reflected ) Tj ET Q q 0 0 0 rg BT 474.39 567.60 Td (as ) Tj ET Q q 0 0 0 rg BT 486.35 567.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 537.76 567.60 Td (in ) Tj ET Q q 0 0 0 rg BT 549.18 567.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 101.70 555.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 145.56 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 155.55 555.60 Td (owner) Tj ET Q q 0 0 0 rg BT 180.91 555.60 Td () Tj ET Q q 0 0 0 rg BT 183.69 555.60 Td (s ) Tj ET Q q 0 0 0 rg BT 189.24 555.60 Td (equity) Tj ET Q q 0 0 0 rg BT 213.58 555.60 Td (. ) Tj ET Q q 0 0 0 rg BT 217.74 555.60 Td (For ) Tj ET Q q 0 0 0 rg BT 233.28 555.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 274.93 555.60 Td (information ) Tj ET Q q 0 0 0 rg BT 323.80 555.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 363.77 555.60 Td (potential ) Tj ET Q q 0 0 0 rg BT 400.41 555.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 434.28 555.60 Td (in ) Tj ET Q q 0 0 0 rg BT 443.71 555.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 469.80 555.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 483.67 555.60 Td (law ) Tj ET Q q 0 0 0 rg BT 499.77 555.60 Td (that ) Tj ET Q q 0 0 0 rg BT 516.42 555.60 Td (may ) Tj ET Q q 0 0 0 rg BT 535.29 555.60 Td (impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 543.60 Td (the ) Tj ET Q q 0 0 0 rg BT 64.04 543.60 Td (V) Tj ET Q q 0 0 0 rg BT 69.97 543.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 128.56 543.60 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 154.95 543.60 Td (Unity) Tj ET Q q 0 0 0 rg BT 177.08 543.60 Td (, ) Tj ET Q q 0 0 0 rg BT 182.08 543.60 Td (see ) Tj ET Q q 0 0 0 rg BT 197.35 543.60 Td (note ) Tj ET Q q 0 0 0 rg BT 217.06 543.60 Td (10.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 519.60 Td (Multiemployer ) Tj ET Q q 0 0 0 rg BT 121.55 519.60 Td (Benefit ) Tj ET Q q 0 0 0 rg BT 154.05 519.60 Td (Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 495.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 495.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.73 495.60 Td (are ) Tj ET Q q 0 0 0 rg BT 99.09 495.60 Td (a ) Tj ET Q q 0 0 0 rg BT 106.68 495.60 Td (party ) Tj ET Q q 0 0 0 rg BT 130.38 495.60 Td (to ) Tj ET Q q 0 0 0 rg BT 141.31 495.60 Td (multiemployer ) Tj ET Q q 0 0 0 rg BT 203.33 495.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 234.25 495.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 258.51 495.60 Td (and ) Tj ET Q q 0 0 0 rg BT 276.10 495.60 Td (we ) Tj ET Q q 0 0 0 rg BT 290.91 495.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 332.93 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 348.30 495.60 Td (required ) Tj ET Q q 0 0 0 rg BT 384.76 495.60 Td (contribution ) Tj ET Q q 0 0 0 rg BT 436.80 495.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 457.17 495.60 Td (or ) Tj ET Q q 0 0 0 rg BT 468.65 495.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 502.89 495.60 Td (for ) Tj ET Q q 0 0 0 rg BT 517.71 495.60 Td (these ) Tj ET Q q 0 0 0 rg BT 541.40 495.60 Td (plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (during ) Tj ET Q q 0 0 0 rg BT 78.11 483.60 Td (the ) Tj ET Q q 0 0 0 rg BT 92.83 483.60 Td (period ) Tj ET Q q 0 0 0 rg BT 120.87 483.60 Td (as ) Tj ET Q q 0 0 0 rg BT 131.70 483.60 Td (net ) Tj ET Q q 0 0 0 rg BT 146.42 483.60 Td (postretirement ) Tj ET Q q 0 0 0 rg BT 206.68 483.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 236.94 483.60 Td (costs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 459.60 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 94.34 459.60 Td (Currency ) Tj ET Q q 0 0 0 rg BT 135.73 459.60 Td (T) Tj ET Q q 0 0 0 rg BT 141.47 459.60 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 435.60 Td (T) Tj ET Q q 0 0 0 rg BT 73.26 435.60 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 120.79 435.60 Td (denominated ) Tj ET Q q 0 0 0 rg BT 174.99 435.60 Td (in ) Tj ET Q q 0 0 0 rg BT 185.32 435.60 Td (currencies ) Tj ET Q q 0 0 0 rg BT 228.96 435.60 Td (other ) Tj ET Q q 0 0 0 rg BT 252.05 435.60 Td (than ) Tj ET Q q 0 0 0 rg BT 271.82 435.60 Td (our ) Tj ET Q q 0 0 0 rg BT 287.70 435.60 Td (functional ) Tj ET Q q 0 0 0 rg BT 330.79 435.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 368.32 435.60 Td (are ) Tj ET Q q 0 0 0 rg BT 383.08 435.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 420.60 435.60 Td (based ) Tj ET Q q 0 0 0 rg BT 445.92 435.60 Td (on ) Tj ET Q q 0 0 0 rg BT 458.47 435.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 498.78 435.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 520.20 435.60 Td (at ) Tj ET Q q 0 0 0 rg BT 529.97 435.60 Td (the ) Tj ET Q q 0 0 0 rg BT 544.74 435.60 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.60 Td (such ) Tj ET Q q 0 0 0 rg BT 70.18 423.60 Td (transactions ) Tj ET Q q 0 0 0 rg BT 120.30 423.60 Td (arise. ) Tj ET Q q 0 0 0 rg BT 144.03 423.60 Td (Changes ) Tj ET Q q 0 0 0 rg BT 180.82 423.60 Td (in ) Tj ET Q q 0 0 0 rg BT 190.95 423.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 231.06 423.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 252.29 423.60 Td (with ) Tj ET Q q 0 0 0 rg BT 272.42 423.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 303.08 423.60 Td (to ) Tj ET Q q 0 0 0 rg BT 313.22 423.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 349.46 423.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 386.78 423.60 Td (in ) Tj ET Q q 0 0 0 rg BT 396.91 423.60 Td (our ) Tj ET Q q 0 0 0 rg BT 412.60 423.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 465.49 423.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 498.38 423.60 Td (sheets ) Tj ET Q q 0 0 0 rg BT 525.17 423.60 Td (related ) Tj ET Q q 0 0 0 rg BT 554.72 423.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.60 Td (these ) Tj ET Q q 0 0 0 rg BT 72.64 411.60 Td (non-functional ) Tj ET Q q 0 0 0 rg BT 134.11 411.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 171.68 411.60 Td (transactions ) Tj ET Q q 0 0 0 rg BT 222.04 411.60 Td (result ) Tj ET Q q 0 0 0 rg BT 246.85 411.60 Td (in ) Tj ET Q q 0 0 0 rg BT 257.22 411.60 Td (transaction ) Tj ET Q q 0 0 0 rg BT 303.69 411.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 327.39 411.60 Td (and ) Tj ET Q q 0 0 0 rg BT 344.42 411.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 370.91 411.60 Td (that ) Tj ET Q q 0 0 0 rg BT 388.50 411.60 Td (are ) Tj ET Q q 0 0 0 rg BT 403.30 411.60 Td (reflected ) Tj ET Q q 0 0 0 rg BT 440.86 411.60 Td (in ) Tj ET Q q 0 0 0 rg BT 451.23 411.60 Td (our ) Tj ET Q q 0 0 0 rg BT 467.16 411.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 520.29 411.60 Td (statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 399.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 104.49 399.60 Td (as ) Tj ET Q q 0 0 0 rg BT 115.32 399.60 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 159.46 399.60 Td (\(based ) Tj ET Q q 0 0 0 rg BT 188.05 399.60 Td (on ) Tj ET Q q 0 0 0 rg BT 200.55 399.60 Td (the ) Tj ET Q q 0 0 0 rg BT 215.27 399.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 258.86 399.60 Td (period ) Tj ET Q q 0 0 0 rg BT 286.91 399.60 Td (end ) Tj ET Q q 0 0 0 rg BT 303.85 399.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 344.10 399.60 Td (rates\) ) Tj ET Q q 0 0 0 rg BT 368.81 399.60 Td (or ) Tj ET Q q 0 0 0 rg BT 379.64 399.60 Td (realized ) Tj ET Q q 0 0 0 rg BT 413.78 399.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 436.28 399.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 479.88 399.60 Td (of ) Tj ET Q q 0 0 0 rg BT 490.71 399.60 Td (the ) Tj ET Q q 0 0 0 rg BT 505.42 399.60 Td (transactions.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 375.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 96.55 375.60 Td (Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 351.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 89.90 351.60 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 125.63 351.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 160.24 351.60 Td (the ) Tj ET Q q 0 0 0 rg BT 174.85 351.60 Td (identification ) Tj ET Q q 0 0 0 rg BT 230.57 351.60 Td (of ) Tj ET Q q 0 0 0 rg BT 241.30 351.60 Td (deliverables ) Tj ET Q q 0 0 0 rg BT 292.01 351.60 Td (in ) Tj ET Q q 0 0 0 rg BT 302.18 351.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 340.68 351.60 Td (with ) Tj ET Q q 0 0 0 rg BT 360.85 351.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 403.80 351.60 Td (that ) Tj ET Q q 0 0 0 rg BT 421.19 351.60 Td (qualify ) Tj ET Q q 0 0 0 rg BT 451.92 351.60 Td (as ) Tj ET Q q 0 0 0 rg BT 462.65 351.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 515.57 351.60 Td (obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.60 Td (The ) Tj ET Q q 0 0 0 rg BT 67.85 339.60 Td (transaction ) Tj ET Q q 0 0 0 rg BT 114.53 339.60 Td (price ) Tj ET Q q 0 0 0 rg BT 137.32 339.60 Td (receivable ) Tj ET Q q 0 0 0 rg BT 181.20 339.60 Td (from ) Tj ET Q q 0 0 0 rg BT 203.45 339.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 246.80 339.60 Td (is ) Tj ET Q q 0 0 0 rg BT 256.27 339.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 295.17 339.60 Td (between ) Tj ET Q q 0 0 0 rg BT 331.29 339.60 Td (our ) Tj ET Q q 0 0 0 rg BT 347.42 339.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 400.75 339.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 448.00 339.60 Td (under ) Tj ET Q q 0 0 0 rg BT 473.57 339.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 512.47 339.60 Td (on ) Tj ET Q q 0 0 0 rg BT 525.28 339.60 Td (a ) Tj ET Q q 0 0 0 rg BT 532.52 339.60 Td (relative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 97.99 327.60 Td (selling ) Tj ET Q q 0 0 0 rg BT 127.06 327.60 Td (price ) Tj ET Q q 0 0 0 rg BT 149.44 327.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 174.34 327.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 192.30 327.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 226.34 327.60 Td (recognition ) Tj ET Q q 0 0 0 rg BT 274.28 327.60 Td (and ) Tj ET Q q 0 0 0 rg BT 291.12 327.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 320.72 327.60 Td (other ) Tj ET Q q 0 0 0 rg BT 343.67 327.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 389.94 327.60 Td (policies, ) Tj ET Q q 0 0 0 rg BT 425.95 327.60 Td (as ) Tj ET Q q 0 0 0 rg BT 436.68 327.60 Td (revised ) Tj ET Q q 0 0 0 rg BT 467.95 327.60 Td (to ) Tj ET Q q 0 0 0 rg BT 478.13 327.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 506.06 327.60 Td (the ) Tj ET Q q 0 0 0 rg BT 520.68 327.60 Td (impacts ) Tj ET Q q 0 0 0 rg BT 554.18 327.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.60 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 315.60 Td (adoption ) Tj ET Q q 0 0 0 rg BT 102.83 315.60 Td (of ) Tj ET Q q 0 0 0 rg BT 113.10 315.60 Td (ASU ) Tj ET Q q 0 0 0 rg BT 135.61 315.60 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 173.94 315.60 Td (are ) Tj ET Q q 0 0 0 rg BT 188.65 315.60 Td (set ) Tj ET Q q 0 0 0 rg BT 202.25 315.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 224.19 315.60 Td (below) Tj ET Q q 0 0 0 rg BT 247.98 315.60 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 291.60 Td (Subscription ) Tj ET Q q 0 0 0 rg BT 120.58 291.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 156.97 291.60 Td ( ) Tj ET Q q 0 0 0 rg BT 168.39 291.60 Td (Cable ) Tj ET Q q 0 0 0 rg BT 194.80 291.60 Td (Networks. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.60 291.60 Td (W) Tj ET Q q 0 0 0 rg BT 246.24 291.60 Td (e ) Tj ET Q q 0 0 0 rg BT 253.21 291.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 294.60 291.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 328.77 291.60 Td (from ) Tj ET Q q 0 0 0 rg BT 350.73 291.60 Td (the ) Tj ET Q q 0 0 0 rg BT 365.47 291.60 Td (provision ) Tj ET Q q 0 0 0 rg BT 405.78 291.60 Td (of ) Tj ET Q q 0 0 0 rg BT 416.63 291.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 443.88 291.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 488.61 291.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 521.68 291.60 Td (and ) Tj ET Q q 0 0 0 rg BT 538.64 291.60 Td (fixed-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.60 Td (line ) Tj ET Q q 0 0 0 rg BT 67.31 279.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 109.55 279.60 Td (services ) Tj ET Q q 0 0 0 rg BT 144.57 279.60 Td (over ) Tj ET Q q 0 0 0 rg BT 165.15 279.60 Td (our ) Tj ET Q q 0 0 0 rg BT 181.29 279.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 205.20 279.60 Td (network ) Tj ET Q q 0 0 0 rg BT 240.78 279.60 Td (to ) Tj ET Q q 0 0 0 rg BT 251.37 279.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 294.73 279.60 Td (over ) Tj ET Q q 0 0 0 rg BT 315.31 279.60 Td (time ) Tj ET Q q 0 0 0 rg BT 335.89 279.60 Td (in ) Tj ET Q q 0 0 0 rg BT 346.48 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 361.51 279.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 393.76 279.60 Td (the ) Tj ET Q q 0 0 0 rg BT 408.79 279.60 Td (related ) Tj ET Q q 0 0 0 rg BT 438.80 279.60 Td (services ) Tj ET Q q 0 0 0 rg BT 473.82 279.60 Td (are ) Tj ET Q q 0 0 0 rg BT 488.84 279.60 Td (provided, ) Tj ET Q q 0 0 0 rg BT 529.70 279.60 Td (with ) Tj ET Q q 0 0 0 rg BT 550.29 279.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.60 Td (exception ) Tj ET Q q 0 0 0 rg BT 90.59 267.60 Td (of ) Tj ET Q q 0 0 0 rg BT 101.14 267.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.00 267.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 181.08 267.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 217.74 267.60 Td (to ) Tj ET Q q 0 0 0 rg BT 227.74 267.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 257.16 267.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 295.47 267.60 Td (that ) Tj ET Q q 0 0 0 rg BT 312.68 267.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 344.33 267.60 Td (promotional ) Tj ET Q q 0 0 0 rg BT 395.43 267.60 Td (discounts, ) Tj ET Q q 0 0 0 rg BT 437.93 267.60 Td (as ) Tj ET Q q 0 0 0 rg BT 448.48 267.60 Td (described ) Tj ET Q q 0 0 0 rg BT 489.01 267.60 Td (below) Tj ET Q q 0 0 0 rg BT 512.80 267.60 Td (. ) Tj ET Q q 0 0 0 rg BT 517.52 267.60 Td (Installation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 68.59 255.60 Td (related ) Tj ET Q q 0 0 0 rg BT 98.78 255.60 Td (to ) Tj ET Q q 0 0 0 rg BT 109.55 255.60 Td (services ) Tj ET Q q 0 0 0 rg BT 144.75 255.60 Td (provided ) Tj ET Q q 0 0 0 rg BT 183.28 255.60 Td (over ) Tj ET Q q 0 0 0 rg BT 204.04 255.60 Td (our ) Tj ET Q q 0 0 0 rg BT 220.36 255.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 244.44 255.60 Td (network ) Tj ET Q q 0 0 0 rg BT 280.20 255.60 Td (are ) Tj ET Q q 0 0 0 rg BT 295.40 255.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 335.59 255.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 371.89 255.60 Td (and ) Tj ET Q q 0 0 0 rg BT 389.31 255.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 436.17 255.60 Td (as ) Tj ET Q q 0 0 0 rg BT 447.49 255.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 482.12 255.60 Td (over ) Tj ET Q q 0 0 0 rg BT 502.88 255.60 Td (the ) Tj ET Q q 0 0 0 rg BT 518.09 255.60 Td (contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.60 Td (period.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 219.60 Td (Sale ) Tj ET Q q 0 0 0 rg BT 88.19 219.60 Td (of ) Tj ET Q q 0 0 0 rg BT 99.43 219.60 Td (Multiple ) Tj ET Q q 0 0 0 rg BT 136.78 219.60 Td (Pr) Tj ET Q q 0 0 0 rg BT 146.41 219.60 Td (oducts ) Tj ET Q q 0 0 0 rg BT 175.99 219.60 Td (and ) Tj ET Q q 0 0 0 rg BT 194.46 219.60 Td (Services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.74 219.60 Td (W) Tj ET Q q 0 0 0 rg BT 242.38 219.60 Td (e ) Tj ET Q q 0 0 0 rg BT 250.28 219.60 Td (sell ) Tj ET Q q 0 0 0 rg BT 267.64 219.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 295.82 219.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 341.50 219.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 378.01 219.60 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 420.35 219.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 463.25 219.60 Td (and ) Tj ET Q q 0 0 0 rg BT 481.16 219.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 512.40 219.60 Td (services ) Tj ET Q q 0 0 0 rg BT 548.08 219.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.60 Td (handsets ) Tj ET Q q 0 0 0 rg BT 86.14 207.60 Td (to ) Tj ET Q q 0 0 0 rg BT 96.12 207.60 Td (our ) Tj ET Q q 0 0 0 rg BT 111.65 207.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 154.40 207.60 Td (in ) Tj ET Q q 0 0 0 rg BT 164.38 207.60 Td (bundled ) Tj ET Q q 0 0 0 rg BT 198.80 207.60 Td (packages ) Tj ET Q q 0 0 0 rg BT 237.65 207.60 Td (at ) Tj ET Q q 0 0 0 rg BT 247.07 207.60 Td (a ) Tj ET Q q 0 0 0 rg BT 253.71 207.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 270.90 207.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 295.87 207.60 Td (than ) Tj ET Q q 0 0 0 rg BT 315.29 207.60 Td (if ) Tj ET Q q 0 0 0 rg BT 323.60 207.60 Td (the ) Tj ET Q q 0 0 0 rg BT 338.02 207.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 376.87 207.60 Td (purchased ) Tj ET Q q 0 0 0 rg BT 419.61 207.60 Td (each ) Tj ET Q q 0 0 0 rg BT 440.13 207.60 Td (product ) Tj ET Q q 0 0 0 rg BT 472.88 207.60 Td (on ) Tj ET Q q 0 0 0 rg BT 485.08 207.60 Td (a ) Tj ET Q q 0 0 0 rg BT 491.72 207.60 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 540.02 207.60 Td (basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 86.96 195.60 Td (from ) Tj ET Q q 0 0 0 rg BT 108.87 195.60 Td (bundled ) Tj ET Q q 0 0 0 rg BT 143.56 195.60 Td (packages ) Tj ET Q q 0 0 0 rg BT 182.68 195.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 222.36 195.60 Td (is ) Tj ET Q q 0 0 0 rg BT 231.51 195.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 270.07 195.60 Td (proportionally ) Tj ET Q q 0 0 0 rg BT 329.76 195.60 Td (to ) Tj ET Q q 0 0 0 rg BT 340.01 195.60 Td (the ) Tj ET Q q 0 0 0 rg BT 354.70 195.60 Td (individual ) Tj ET Q q 0 0 0 rg BT 397.73 195.60 Td (products ) Tj ET Q q 0 0 0 rg BT 434.64 195.60 Td (or ) Tj ET Q q 0 0 0 rg BT 445.44 195.60 Td (services ) Tj ET Q q 0 0 0 rg BT 480.13 195.60 Td (based ) Tj ET Q q 0 0 0 rg BT 505.37 195.60 Td (on ) Tj ET Q q 0 0 0 rg BT 517.84 195.60 Td (the ) Tj ET Q q 0 0 0 rg BT 532.54 195.60 Td (relative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.60 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 98.09 183.60 Td (selling ) Tj ET Q q 0 0 0 rg BT 127.26 183.60 Td (price ) Tj ET Q q 0 0 0 rg BT 149.74 183.60 Td (for ) Tj ET Q q 0 0 0 rg BT 163.90 183.60 Td (each ) Tj ET Q q 0 0 0 rg BT 184.72 183.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 227.75 183.60 Td (product ) Tj ET Q q 0 0 0 rg BT 260.80 183.60 Td (or ) Tj ET Q q 0 0 0 rg BT 271.63 183.60 Td (service.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 159.60 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 97.49 159.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 133.01 159.60 Td ( ) Tj ET Q q 0 0 0 rg BT 143.56 159.60 Td (General. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.49 159.60 Td (Consideration ) Tj ET Q q 0 0 0 rg BT 238.25 159.60 Td (from ) Tj ET Q q 0 0 0 rg BT 259.35 159.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 288.78 159.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 326.54 159.60 Td (is ) Tj ET Q q 0 0 0 rg BT 334.87 159.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 372.62 159.60 Td (to ) Tj ET Q q 0 0 0 rg BT 382.06 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 395.93 159.60 Td (airtime ) Tj ET Q q 0 0 0 rg BT 425.91 159.60 Td (service ) Tj ET Q q 0 0 0 rg BT 455.89 159.60 Td (component ) Tj ET Q q 0 0 0 rg BT 501.98 159.60 Td (and ) Tj ET Q q 0 0 0 rg BT 518.08 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 531.96 159.60 Td (handset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (component ) Tj ET Q q 0 0 0 rg BT 95.96 147.60 Td (based ) Tj ET Q q 0 0 0 rg BT 120.75 147.60 Td (on ) Tj ET Q q 0 0 0 rg BT 132.77 147.60 Td (the ) Tj ET Q q 0 0 0 rg BT 147.01 147.60 Td (relative ) Tj ET Q q 0 0 0 rg BT 179.02 147.60 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 227.14 147.60 Td (selling ) Tj ET Q q 0 0 0 rg BT 255.83 147.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 281.73 147.60 Td (of ) Tj ET Q q 0 0 0 rg BT 292.08 147.60 Td (each ) Tj ET Q q 0 0 0 rg BT 312.42 147.60 Td (component. ) Tj ET Q q 0 0 0 rg BT 361.38 147.60 Td (Of) Tj ET Q q 0 0 0 rg BT 371.75 147.60 Td (fers ) Tj ET Q q 0 0 0 rg BT 388.76 147.60 Td (for ) Tj ET Q q 0 0 0 rg BT 402.45 147.60 Td (handsets ) Tj ET Q q 0 0 0 rg BT 438.91 147.60 Td (and ) Tj ET Q q 0 0 0 rg BT 455.37 147.60 Td (airtime ) Tj ET Q q 0 0 0 rg BT 485.72 147.60 Td (services ) Tj ET Q q 0 0 0 rg BT 519.95 147.60 Td (in ) Tj ET Q q 0 0 0 rg BT 529.75 147.60 Td (separate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 88.09 135.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 120.02 135.60 Td (into ) Tj ET Q q 0 0 0 rg BT 138.07 135.60 Td (at ) Tj ET Q q 0 0 0 rg BT 147.79 135.60 Td (the ) Tj ET Q q 0 0 0 rg BT 162.51 135.60 Td (same ) Tj ET Q q 0 0 0 rg BT 185.55 135.60 Td (time ) Tj ET Q q 0 0 0 rg BT 205.83 135.60 Td (are ) Tj ET Q q 0 0 0 rg BT 220.54 135.60 Td (accounted ) Tj ET Q q 0 0 0 rg BT 263.57 135.60 Td (for ) Tj ET Q q 0 0 0 rg BT 277.73 135.60 Td (as ) Tj ET Q q 0 0 0 rg BT 288.56 135.60 Td (a ) Tj ET Q q 0 0 0 rg BT 295.50 135.60 Td (single ) Tj ET Q q 0 0 0 rg BT 321.88 135.60 Td (contract. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 111.60 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 97.97 111.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 133.98 111.60 Td ( ) Tj ET Q q 0 0 0 rg BT 144.87 111.60 Td (Airtime ) Tj ET Q q 0 0 0 rg BT 177.01 111.60 Td (Services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.98 111.60 Td (W) Tj ET Q q 0 0 0 rg BT 223.61 111.60 Td (e ) Tj ET Q q 0 0 0 rg BT 230.20 111.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 271.21 111.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 305.01 111.60 Td (from ) Tj ET Q q 0 0 0 rg BT 326.59 111.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 356.51 111.60 Td (services ) Tj ET Q q 0 0 0 rg BT 390.87 111.60 Td (over ) Tj ET Q q 0 0 0 rg BT 410.79 111.60 Td (time ) Tj ET Q q 0 0 0 rg BT 430.71 111.60 Td (in ) Tj ET Q q 0 0 0 rg BT 440.64 111.60 Td (the ) Tj ET Q q 0 0 0 rg BT 455.00 111.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 486.59 111.60 Td (the ) Tj ET Q q 0 0 0 rg BT 500.95 111.60 Td (related ) Tj ET Q q 0 0 0 rg BT 530.30 111.60 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.60 Td (are ) Tj ET Q q 0 0 0 rg BT 64.09 99.60 Td (provided. ) Tj ET Q q 0 0 0 rg BT 104.52 99.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 141.90 99.60 Td (from ) Tj ET Q q 0 0 0 rg BT 163.72 99.60 Td (pre-pay ) Tj ET Q q 0 0 0 rg BT 196.64 99.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 239.57 99.60 Td (is ) Tj ET Q q 0 0 0 rg BT 248.63 99.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 284.32 99.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 306.14 99.60 Td (to ) Tj ET Q q 0 0 0 rg BT 316.31 99.60 Td (the ) Tj ET Q q 0 0 0 rg BT 330.91 99.60 Td (commencement ) Tj ET Q q 0 0 0 rg BT 396.60 99.60 Td (of ) Tj ET Q q 0 0 0 rg BT 407.31 99.60 Td (services ) Tj ET Q q 0 0 0 rg BT 441.91 99.60 Td (and ) Tj ET Q q 0 0 0 rg BT 458.73 99.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 504.98 99.60 Td (as ) Tj ET Q q 0 0 0 rg BT 515.69 99.60 Td (the ) Tj ET Q q 0 0 0 rg BT 530.30 99.60 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 87.60 Td (are ) Tj ET Q q 0 0 0 rg BT 64.21 87.60 Td (rendered ) Tj ET Q q 0 0 0 rg BT 101.68 87.60 Td (or ) Tj ET Q q 0 0 0 rg BT 112.51 87.60 Td (usage ) Tj ET Q q 0 0 0 rg BT 137.78 87.60 Td (rights ) Tj ET Q q 0 0 0 rg BT 163.06 87.60 Td (expire. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 63.60 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 98.25 63.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 134.54 63.60 Td ( ) Tj ET Q q 0 0 0 rg BT 145.86 63.60 Td (Handset ) Tj ET Q q 0 0 0 rg BT 181.61 63.60 Td (Revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.40 63.60 Td (Arrangement ) Tj ET Q q 0 0 0 rg BT 275.58 63.60 Td (consideration ) Tj ET Q q 0 0 0 rg BT 331.88 63.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 370.39 63.60 Td (to ) Tj ET Q q 0 0 0 rg BT 380.60 63.60 Td (handsets ) Tj ET Q q 0 0 0 rg BT 417.46 63.60 Td (is ) Tj ET Q q 0 0 0 rg BT 426.56 63.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 472.84 63.60 Td (as ) Tj ET Q q 0 0 0 rg BT 483.60 63.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 517.67 63.60 Td (at ) Tj ET Q q 0 0 0 rg BT 527.31 63.60 Td (the ) Tj ET Q q 0 0 0 rg BT 541.96 63.60 Td (point ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 51.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.24 51.60 Td (time ) Tj ET Q q 0 0 0 rg BT 78.98 51.60 Td (in ) Tj ET Q q 0 0 0 rg BT 88.72 51.60 Td (which ) Tj ET Q q 0 0 0 rg BT 115.12 51.60 Td (the ) Tj ET Q q 0 0 0 rg BT 129.30 51.60 Td (goods ) Tj ET Q q 0 0 0 rg BT 155.15 51.60 Td (have ) Tj ET Q q 0 0 0 rg BT 175.99 51.60 Td (been ) Tj ET Q q 0 0 0 rg BT 196.83 51.60 Td (transferred ) Tj ET Q q 0 0 0 rg BT 242.10 51.60 Td (to ) Tj ET Q q 0 0 0 rg BT 251.84 51.60 Td (the ) Tj ET Q q 0 0 0 rg BT 266.02 51.60 Td (customer) Tj ET Q q 0 0 0 rg BT 302.13 51.60 Td (. ) Tj ET Q q 0 0 0 rg BT 306.59 51.60 Td (Mobile ) Tj ET Q q 0 0 0 rg BT 337.44 51.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 369.95 51.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 408.01 51.60 Td (that ) Tj ET Q q 0 0 0 rg BT 424.96 51.60 Td (permit ) Tj ET Q q 0 0 0 rg BT 453.03 51.60 Td (the ) Tj ET Q q 0 0 0 rg BT 467.21 51.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 505.83 51.60 Td (to ) Tj ET Q q 0 0 0 rg BT 515.57 51.60 Td (take ) Tj ET Q q 0 0 0 rg BT 534.19 51.60 Td (control ) Tj ET Q endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 61.51 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 77.40 699.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 111.62 699.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 144.74 699.60 Td (and ) Tj ET Q q 0 0 0 rg BT 162.85 699.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 180.96 699.60 Td (for ) Tj ET Q q 0 0 0 rg BT 196.30 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 212.19 699.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 246.42 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 257.87 699.60 Td (installments ) Tj ET Q q 0 0 0 rg BT 309.88 699.60 Td (over ) Tj ET Q q 0 0 0 rg BT 331.32 699.60 Td (a ) Tj ET Q q 0 0 0 rg BT 339.43 699.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 387.53 699.60 Td (period ) Tj ET Q q 0 0 0 rg BT 416.75 699.60 Td (may ) Tj ET Q q 0 0 0 rg BT 437.64 699.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 470.75 699.60 Td (a ) Tj ET Q q 0 0 0 rg BT 478.87 699.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 524.75 699.60 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 687.60 Td (component. ) Tj ET Q q 0 0 0 rg BT 98.94 687.60 Td (For ) Tj ET Q q 0 0 0 rg BT 115.34 687.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 153.94 687.60 Td (with ) Tj ET Q q 0 0 0 rg BT 174.23 687.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 198.95 687.60 Td (of ) Tj ET Q q 0 0 0 rg BT 209.79 687.60 Td (one ) Tj ET Q q 0 0 0 rg BT 226.73 687.60 Td (year ) Tj ET Q q 0 0 0 rg BT 246.45 687.60 Td (or ) Tj ET Q q 0 0 0 rg BT 257.29 687.60 Td (more, ) Tj ET Q q 0 0 0 rg BT 282.84 687.60 Td (we ) Tj ET Q q 0 0 0 rg BT 297.01 687.60 Td (recognize ) Tj ET Q q 0 0 0 rg BT 338.38 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 353.10 687.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 397.82 687.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 438.09 687.60 Td (component ) Tj ET Q q 0 0 0 rg BT 485.03 687.60 Td (as ) Tj ET Q q 0 0 0 rg BT 495.87 687.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 530.02 687.60 Td (over ) Tj ET Q q 0 0 0 rg BT 550.30 687.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 96.42 675.60 Td (period ) Tj ET Q q 0 0 0 rg BT 124.47 675.60 Td (using ) Tj ET Q q 0 0 0 rg BT 148.64 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 163.35 675.60 Td (ef) Tj ET Q q 0 0 0 rg BT 170.94 675.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 200.64 675.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 232.58 675.60 Td (method. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 651.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 86.56 651.60 Td (Cable ) Tj ET Q q 0 0 0 rg BT 112.29 651.60 Td (Revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.49 651.60 Td (W) Tj ET Q q 0 0 0 rg BT 159.13 651.60 Td (e ) Tj ET Q q 0 0 0 rg BT 165.41 651.60 Td (defer ) Tj ET Q q 0 0 0 rg BT 187.78 651.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 219.06 651.60 Td (installation ) Tj ET Q q 0 0 0 rg BT 265.34 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 281.62 651.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 310.66 651.60 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 364.15 651.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 382.09 651.60 Td (received ) Tj ET Q q 0 0 0 rg BT 417.79 651.60 Td (on ) Tj ET Q q 0 0 0 rg BT 429.63 651.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 449.81 651.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 487.75 651.60 Td (where ) Tj ET Q q 0 0 0 rg BT 514.02 651.60 Td (we ) Tj ET Q q 0 0 0 rg BT 527.52 651.60 Td (maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.60 Td (ownership ) Tj ET Q q 0 0 0 rg BT 93.98 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 105.13 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 120.17 639.60 Td (installed ) Tj ET Q q 0 0 0 rg BT 156.88 639.60 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 204.21 639.60 Td (The ) Tj ET Q q 0 0 0 rg BT 222.58 639.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 258.71 639.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 277.63 639.60 Td (are ) Tj ET Q q 0 0 0 rg BT 292.66 639.60 Td (amortized ) Tj ET Q q 0 0 0 rg BT 335.46 639.60 Td (into ) Tj ET Q q 0 0 0 rg BT 353.84 639.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 388.30 639.60 Td (on ) Tj ET Q q 0 0 0 rg BT 401.13 639.60 Td (a ) Tj ET Q q 0 0 0 rg BT 408.39 639.60 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 459.53 639.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 482.35 639.60 Td (over ) Tj ET Q q 0 0 0 rg BT 502.94 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 517.98 639.60 Td (term ) Tj ET Q q 0 0 0 rg BT 539.13 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 639.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 627.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 101.97 627.60 Td (or ) Tj ET Q q 0 0 0 rg BT 112.80 627.60 Td (the ) Tj ET Q q 0 0 0 rg BT 127.52 627.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 165.55 627.60 Td (period ) Tj ET Q q 0 0 0 rg BT 193.60 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 204.43 627.60 Td (performance.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 603.60 Td (Contract ) Tj ET Q q 0 0 0 rg BT 105.36 603.60 Td (Costs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.40 603.60 Td (Incremental ) Tj ET Q q 0 0 0 rg BT 182.45 603.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 204.75 603.60 Td (to ) Tj ET Q q 0 0 0 rg BT 214.83 603.60 Td (obtain ) Tj ET Q q 0 0 0 rg BT 242.13 603.60 Td (a ) Tj ET Q q 0 0 0 rg BT 248.88 603.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 283.38 603.60 Td (with ) Tj ET Q q 0 0 0 rg BT 303.46 603.60 Td (a ) Tj ET Q q 0 0 0 rg BT 310.21 603.60 Td (customer) Tj ET Q q 0 0 0 rg BT 346.46 603.60 Td (, ) Tj ET Q q 0 0 0 rg BT 351.26 603.60 Td (such ) Tj ET Q q 0 0 0 rg BT 371.90 603.60 Td (as ) Tj ET Q q 0 0 0 rg BT 382.53 603.60 Td (incremental ) Tj ET Q q 0 0 0 rg BT 432.03 603.60 Td (sales ) Tj ET Q q 0 0 0 rg BT 453.77 603.60 Td (commissions, ) Tj ET Q q 0 0 0 rg BT 510.80 603.60 Td (are ) Tj ET Q q 0 0 0 rg BT 525.32 603.60 Td (generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.34 591.60 Td (as ) Tj ET Q q 0 0 0 rg BT 105.66 591.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 130.97 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 147.39 591.60 Td (amortized ) Tj ET Q q 0 0 0 rg BT 189.35 591.60 Td (over ) Tj ET Q q 0 0 0 rg BT 209.10 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 223.30 591.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 266.37 591.60 Td (period ) Tj ET Q q 0 0 0 rg BT 293.90 591.60 Td (benefited, ) Tj ET Q q 0 0 0 rg BT 335.58 591.60 Td (which ) Tj ET Q q 0 0 0 rg BT 362.00 591.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 401.18 591.60 Td (is ) Tj ET Q q 0 0 0 rg BT 409.83 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 424.03 591.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 458.22 591.60 Td (life, ) Tj ET Q q 0 0 0 rg BT 476.02 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 485.78 591.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 497.20 591.60 Td (SG&A) Tj ET Q q 0 0 0 rg BT 524.43 591.60 Td ( ) Tj ET Q q 0 0 0 rg BT 526.42 591.60 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.60 Td (or ) Tj ET Q q 0 0 0 rg BT 61.18 579.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 76.74 579.60 Td (in ) Tj ET Q q 0 0 0 rg BT 87.86 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 103.43 579.60 Td (case ) Tj ET Q q 0 0 0 rg BT 123.98 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 135.66 579.60 Td (commissions ) Tj ET Q q 0 0 0 rg BT 191.23 579.60 Td (earned ) Tj ET Q q 0 0 0 rg BT 221.22 579.60 Td (on ) Tj ET Q q 0 0 0 rg BT 234.57 579.60 Td (devices ) Tj ET Q q 0 0 0 rg BT 267.90 579.60 Td (sold ) Tj ET Q q 0 0 0 rg BT 287.91 579.60 Td (through ) Tj ET Q q 0 0 0 rg BT 322.37 579.60 Td (indirect ) Tj ET Q q 0 0 0 rg BT 356.26 579.60 Td (channels, ) Tj ET Q q 0 0 0 rg BT 397.09 579.60 Td (against ) Tj ET Q q 0 0 0 rg BT 428.76 579.60 Td (service ) Tj ET Q q 0 0 0 rg BT 460.42 579.60 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 497.91 579.60 Td (If, ) Tj ET Q q 0 0 0 rg BT 510.42 579.60 Td (however) Tj ET Q q 0 0 0 rg BT 544.45 579.60 Td (, ) Tj ET Q q 0 0 0 rg BT 550.29 579.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.60 Td (amortization ) Tj ET Q q 0 0 0 rg BT 102.54 567.60 Td (period ) Tj ET Q q 0 0 0 rg BT 130.58 567.60 Td (is ) Tj ET Q q 0 0 0 rg BT 139.75 567.60 Td (less ) Tj ET Q q 0 0 0 rg BT 157.25 567.60 Td (than ) Tj ET Q q 0 0 0 rg BT 176.97 567.60 Td (one ) Tj ET Q q 0 0 0 rg BT 193.91 567.60 Td (year) Tj ET Q q 0 0 0 rg BT 210.72 567.60 Td (, ) Tj ET Q q 0 0 0 rg BT 215.72 567.60 Td (we ) Tj ET Q q 0 0 0 rg BT 229.88 567.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 264.58 567.60 Td (such ) Tj ET Q q 0 0 0 rg BT 285.41 567.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 307.91 567.60 Td (in ) Tj ET Q q 0 0 0 rg BT 318.19 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 332.91 567.60 Td (period ) Tj ET Q q 0 0 0 rg BT 360.96 567.60 Td (incurred.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 543.60 Td (Contract ) Tj ET Q q 0 0 0 rg BT 103.89 543.60 Td (fulfillment ) Tj ET Q q 0 0 0 rg BT 148.61 543.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 170.57 543.60 Td (are ) Tj ET Q q 0 0 0 rg BT 184.73 543.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 230.55 543.60 Td (as ) Tj ET Q q 0 0 0 rg BT 240.83 543.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 266.12 543.60 Td (and ) Tj ET Q q 0 0 0 rg BT 282.51 543.60 Td (amortized ) Tj ET Q q 0 0 0 rg BT 324.45 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 334.18 543.60 Td (other ) Tj ET Q q 0 0 0 rg BT 356.69 543.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 396.41 543.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 418.36 543.60 Td (over ) Tj ET Q q 0 0 0 rg BT 438.09 543.60 Td (the ) Tj ET Q q 0 0 0 rg BT 452.26 543.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 495.30 543.60 Td (period ) Tj ET Q q 0 0 0 rg BT 522.81 543.60 Td (benefited, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.60 Td (which ) Tj ET Q q 0 0 0 rg BT 77.06 531.60 Td (is ) Tj ET Q q 0 0 0 rg BT 86.86 531.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 127.19 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 142.53 531.60 Td (substantive ) Tj ET Q q 0 0 0 rg BT 190.65 531.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 225.97 531.60 Td (term ) Tj ET Q q 0 0 0 rg BT 247.42 531.60 Td (for ) Tj ET Q q 0 0 0 rg BT 262.21 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 277.55 531.60 Td (related ) Tj ET Q q 0 0 0 rg BT 307.88 531.60 Td (service ) Tj ET Q q 0 0 0 rg BT 339.32 531.60 Td (contract. ) Tj ET Q q 0 0 0 rg BT 377.15 531.60 Td (Installation ) Tj ET Q q 0 0 0 rg BT 425.26 531.60 Td (activities ) Tj ET Q q 0 0 0 rg BT 464.49 531.60 Td (are ) Tj ET Q q 0 0 0 rg BT 479.82 531.60 Td (not ) Tj ET Q q 0 0 0 rg BT 495.72 531.60 Td (considered ) Tj ET Q q 0 0 0 rg BT 542.16 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 553.06 531.60 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 84.21 519.60 Td (fulfillment ) Tj ET Q q 0 0 0 rg BT 129.49 519.60 Td (costs. ) Tj ET Q q 0 0 0 rg BT 154.50 519.60 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 188.38 519.60 Td (installation ) Tj ET Q q 0 0 0 rg BT 235.33 519.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 257.84 519.60 Td (are ) Tj ET Q q 0 0 0 rg BT 272.55 519.60 Td (capitalized, ) Tj ET Q q 0 0 0 rg BT 320.87 519.60 Td (where ) Tj ET Q q 0 0 0 rg BT 347.81 519.60 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 393.90 519.60 Td (under ) Tj ET Q q 0 0 0 rg BT 419.18 519.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 453.36 519.60 Td (industry ) Tj ET Q q 0 0 0 rg BT 488.64 519.60 Td (guidance ) Tj ET Q q 0 0 0 rg BT 527.25 519.60 Td (for ) Tj ET Q q 0 0 0 rg BT 541.41 519.60 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.60 Td (entities. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 483.60 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.13 483.60 Td (omotional ) Tj ET Q q 0 0 0 rg BT 119.59 483.60 Td (Discounts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.99 483.60 Td (For ) Tj ET Q q 0 0 0 rg BT 179.79 483.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 222.79 483.60 Td (promotions, ) Tj ET Q q 0 0 0 rg BT 272.75 483.60 Td (such ) Tj ET Q q 0 0 0 rg BT 292.98 483.60 Td (as ) Tj ET Q q 0 0 0 rg BT 303.22 483.60 Td (discounted ) Tj ET Q q 0 0 0 rg BT 348.44 483.60 Td (or ) Tj ET Q q 0 0 0 rg BT 358.68 483.60 Td (free ) Tj ET Q q 0 0 0 rg BT 376.12 483.60 Td (services ) Tj ET Q q 0 0 0 rg BT 410.23 483.60 Td (during ) Tj ET Q q 0 0 0 rg BT 438.24 483.60 Td (an ) Tj ET Q q 0 0 0 rg BT 449.58 483.60 Td (introductory ) Tj ET Q q 0 0 0 rg BT 500.92 483.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 530.87 483.60 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.60 Td (is ) Tj ET Q q 0 0 0 rg BT 57.98 471.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 103.66 471.60 Td (uniformly ) Tj ET Q q 0 0 0 rg BT 145.46 471.60 Td (over ) Tj ET Q q 0 0 0 rg BT 165.04 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 179.07 471.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 225.30 471.60 Td (period ) Tj ET Q q 0 0 0 rg BT 252.66 471.60 Td (if ) Tj ET Q q 0 0 0 rg BT 260.58 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 274.61 471.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 308.62 471.60 Td (has ) Tj ET Q q 0 0 0 rg BT 323.76 471.60 Td (substantive ) Tj ET Q q 0 0 0 rg BT 370.57 471.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 418.48 471.60 Td (penalties. ) Tj ET Q q 0 0 0 rg BT 458.33 471.60 Td (For ) Tj ET Q q 0 0 0 rg BT 474.04 471.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 516.95 471.60 Td (promotions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 459.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 79.90 459.60 Td (for ) Tj ET Q q 0 0 0 rg BT 93.28 459.60 Td (longer ) Tj ET Q q 0 0 0 rg BT 120.54 459.60 Td (than ) Tj ET Q q 0 0 0 rg BT 139.48 459.60 Td (an ) Tj ET Q q 0 0 0 rg BT 150.63 459.60 Td (introductory ) Tj ET Q q 0 0 0 rg BT 201.78 459.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 231.54 459.60 Td (we ) Tj ET Q q 0 0 0 rg BT 244.92 459.60 Td (allocate ) Tj ET Q q 0 0 0 rg BT 277.73 459.60 Td (discounts ) Tj ET Q q 0 0 0 rg BT 317.22 459.60 Td (over ) Tj ET Q q 0 0 0 rg BT 336.70 459.60 Td (the ) Tj ET Q q 0 0 0 rg BT 350.64 459.60 Td (related ) Tj ET Q q 0 0 0 rg BT 379.56 459.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 431.79 459.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 477.95 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 494.11 459.60 Td (the ) Tj ET Q q 0 0 0 rg BT 508.04 459.60 Td (related ) Tj ET Q q 0 0 0 rg BT 536.96 459.60 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 447.60 Td (delivery) Tj ET Q q 0 0 0 rg BT 92.44 447.60 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 423.60 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 114.00 423.60 Td (Advance ) Tj ET Q q 0 0 0 rg BT 151.83 423.60 Td (Payments ) Tj ET Q q 0 0 0 rg BT 194.12 423.60 Td (and ) Tj ET Q q 0 0 0 rg BT 212.53 423.60 Td (Deposits. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.44 423.60 Td (Payments ) Tj ET Q q 0 0 0 rg BT 295.74 423.60 Td (received ) Tj ET Q q 0 0 0 rg BT 333.02 423.60 Td (in ) Tj ET Q q 0 0 0 rg BT 344.21 423.60 Td (advance ) Tj ET Q q 0 0 0 rg BT 380.37 423.60 Td (for ) Tj ET Q q 0 0 0 rg BT 395.45 423.60 Td (the ) Tj ET Q q 0 0 0 rg BT 411.08 423.60 Td (services ) Tj ET Q q 0 0 0 rg BT 446.69 423.60 Td (we ) Tj ET Q q 0 0 0 rg BT 461.77 423.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 495.73 423.60 Td (are ) Tj ET Q q 0 0 0 rg BT 511.35 423.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 548.06 423.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.86 411.60 Td (as ) Tj ET Q q 0 0 0 rg BT 106.69 411.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 140.84 411.60 Td (when ) Tj ET Q q 0 0 0 rg BT 165.00 411.60 Td (the ) Tj ET Q q 0 0 0 rg BT 179.71 411.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 223.31 411.60 Td (services ) Tj ET Q q 0 0 0 rg BT 258.02 411.60 Td (are ) Tj ET Q q 0 0 0 rg BT 272.72 411.60 Td (provided.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 387.60 Td (Sales, ) Tj ET Q q 0 0 0 rg BT 93.61 387.60 Td (Use, ) Tj ET Q q 0 0 0 rg BT 114.16 387.60 Td (and ) Tj ET Q q 0 0 0 rg BT 131.66 387.60 Td (Other ) Tj ET Q q 0 0 0 rg BT 157.49 387.60 Td (V) Tj ET Q q 0 0 0 rg BT 162.49 387.60 Td (alue-Added ) Tj ET Q q 0 0 0 rg BT 211.08 387.60 Td (T) Tj ET Q q 0 0 0 rg BT 215.73 387.60 Td (axes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.50 387.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 275.98 387.60 Td (is ) Tj ET Q q 0 0 0 rg BT 285.15 387.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 322.63 387.60 Td (net ) Tj ET Q q 0 0 0 rg BT 337.34 387.60 Td (of ) Tj ET Q q 0 0 0 rg BT 348.17 387.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 391.76 387.60 Td (sales, ) Tj ET Q q 0 0 0 rg BT 416.20 387.60 Td (use, ) Tj ET Q q 0 0 0 rg BT 434.53 387.60 Td (and ) Tj ET Q q 0 0 0 rg BT 451.47 387.60 Td (other ) Tj ET Q q 0 0 0 rg BT 474.52 387.60 Td (value-added ) Tj ET Q q 0 0 0 rg BT 525.88 387.60 Td (taxes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 363.60 Td (For a summary of our revenue disaggregated by major category) Tj ET Q q 0 0 0 rg BT 321.48 363.60 Td (, see note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.47 363.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.47 363.60 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 339.60 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 101.56 339.60 Td (Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 315.60 Td (Legal ) Tj ET Q q 0 0 0 rg BT 92.76 315.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 111.36 315.60 Td (and ) Tj ET Q q 0 0 0 rg BT 128.30 315.60 Td (related ) Tj ET Q q 0 0 0 rg BT 158.00 315.60 Td (litigation ) Tj ET Q q 0 0 0 rg BT 196.61 315.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 219.11 315.60 Td (are ) Tj ET Q q 0 0 0 rg BT 233.82 315.60 Td (expensed ) Tj ET Q q 0 0 0 rg BT 273.53 315.60 Td (as ) Tj ET Q q 0 0 0 rg BT 284.36 315.60 Td (incurred.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 291.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 291.60 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 291.60 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 290.03505859375 m 246.4951171875 290.03505859375 l s q 0 0 0 rg BT 76.50 291.60 Td (Revenue Recognition and Related Costs) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 267.60 Td (Contract ) Tj ET Q q 0 0 0 rg BT 97.12 267.60 Td (Balances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 243.60 Td (If ) Tj ET Q q 0 0 0 rg BT 76.64 243.60 Td (we ) Tj ET Q q 0 0 0 rg BT 90.79 243.60 Td (transfer ) Tj ET Q q 0 0 0 rg BT 123.81 243.60 Td (goods ) Tj ET Q q 0 0 0 rg BT 150.18 243.60 Td (or ) Tj ET Q q 0 0 0 rg BT 160.99 243.60 Td (services ) Tj ET Q q 0 0 0 rg BT 195.68 243.60 Td (to ) Tj ET Q q 0 0 0 rg BT 205.94 243.60 Td (a ) Tj ET Q q 0 0 0 rg BT 212.87 243.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 252.00 243.60 Td (but ) Tj ET Q q 0 0 0 rg BT 267.27 243.60 Td (do ) Tj ET Q q 0 0 0 rg BT 279.75 243.60 Td (not ) Tj ET Q q 0 0 0 rg BT 295.01 243.60 Td (have ) Tj ET Q q 0 0 0 rg BT 316.37 243.60 Td (an ) Tj ET Q q 0 0 0 rg BT 328.29 243.60 Td (unconditional ) Tj ET Q q 0 0 0 rg BT 385.76 243.60 Td (right ) Tj ET Q q 0 0 0 rg BT 407.13 243.60 Td (to ) Tj ET Q q 0 0 0 rg BT 417.40 243.60 Td (payment, ) Tj ET Q q 0 0 0 rg BT 456.81 243.60 Td (we ) Tj ET Q q 0 0 0 rg BT 470.95 243.60 Td (record ) Tj ET Q q 0 0 0 rg BT 498.97 243.60 Td (a ) Tj ET Q q 0 0 0 rg BT 505.90 243.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 540.58 243.60 Td (asset. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.60 Td (Contract ) Tj ET Q q 0 0 0 rg BT 86.93 231.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 113.25 231.60 Td (typically ) Tj ET Q q 0 0 0 rg BT 151.24 231.60 Td (arise ) Tj ET Q q 0 0 0 rg BT 173.11 231.60 Td (from ) Tj ET Q q 0 0 0 rg BT 195.54 231.60 Td (the ) Tj ET Q q 0 0 0 rg BT 210.75 231.60 Td (uniform ) Tj ET Q q 0 0 0 rg BT 245.97 231.60 Td (recognition ) Tj ET Q q 0 0 0 rg BT 294.50 231.60 Td (of ) Tj ET Q q 0 0 0 rg BT 305.83 231.60 Td (introductory ) Tj ET Q q 0 0 0 rg BT 358.25 231.60 Td (promotional ) Tj ET Q q 0 0 0 rg BT 410.13 231.60 Td (discounts ) Tj ET Q q 0 0 0 rg BT 450.90 231.60 Td (or ) Tj ET Q q 0 0 0 rg BT 462.23 231.60 Td (the ) Tj ET Q q 0 0 0 rg BT 477.44 231.60 Td (delivery ) Tj ET Q q 0 0 0 rg BT 513.20 231.60 Td (of ) Tj ET Q q 0 0 0 rg BT 524.52 231.60 Td (a ) Tj ET Q q 0 0 0 rg BT 531.96 231.60 Td (handset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.60 Td (that ) Tj ET Q q 0 0 0 rg BT 65.76 219.60 Td (is ) Tj ET Q q 0 0 0 rg BT 73.70 219.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 92.18 219.60 Td (for ) Tj ET Q q 0 0 0 rg BT 105.11 219.60 Td (over ) Tj ET Q q 0 0 0 rg BT 124.15 219.60 Td (the ) Tj ET Q q 0 0 0 rg BT 137.63 219.60 Td (duration ) Tj ET Q q 0 0 0 rg BT 172.22 219.60 Td (of ) Tj ET Q q 0 0 0 rg BT 181.82 219.60 Td (the ) Tj ET Q q 0 0 0 rg BT 195.30 219.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 228.77 219.60 Td (period. ) Tj ET Q q 0 0 0 rg BT 258.09 219.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 274.91 219.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 308.37 219.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 332.97 219.60 Td (were ) Tj ET Q q 0 0 0 rg BT 353.67 219.60 Td (224.8 ) Tj ET Q q 0 0 0 rg BT 382.43 219.60 Td (million ) Tj ET Q q 0 0 0 rg BT 412.59 219.60 Td (and ) Tj ET Q q 0 0 0 rg BT 428.30 219.60 Td (251.9 ) Tj ET Q q 0 0 0 rg BT 457.07 219.60 Td (million ) Tj ET Q q 0 0 0 rg BT 487.22 219.60 Td (as ) Tj ET Q q 0 0 0 rg BT 496.82 219.60 Td (of ) Tj ET Q q 0 0 0 rg BT 506.42 219.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 72.00 207.60 Td (and ) Tj ET Q q 0 0 0 rg BT 88.94 207.60 Td (January ) Tj ET Q q 0 0 0 rg BT 122.54 207.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 132.54 207.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 157.54 207.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 205.20 207.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 183.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 183.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.67 183.60 Td (record ) Tj ET Q q 0 0 0 rg BT 112.30 183.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 148.70 183.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 183.43 183.60 Td (when ) Tj ET Q q 0 0 0 rg BT 208.19 183.60 Td (we ) Tj ET Q q 0 0 0 rg BT 222.94 183.60 Td (receive ) Tj ET Q q 0 0 0 rg BT 254.89 183.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 292.42 183.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 314.95 183.60 Td (to ) Tj ET Q q 0 0 0 rg BT 325.82 183.60 Td (transferring ) Tj ET Q q 0 0 0 rg BT 375.56 183.60 Td (goods ) Tj ET Q q 0 0 0 rg BT 402.54 183.60 Td (or ) Tj ET Q q 0 0 0 rg BT 413.96 183.60 Td (services ) Tj ET Q q 0 0 0 rg BT 449.26 183.60 Td (to ) Tj ET Q q 0 0 0 rg BT 460.13 183.60 Td (a ) Tj ET Q q 0 0 0 rg BT 467.67 183.60 Td (customer) Tj ET Q q 0 0 0 rg BT 503.77 183.60 Td (. ) Tj ET Q q 0 0 0 rg BT 509.14 183.60 Td (W) Tj ET Q q 0 0 0 rg BT 517.77 183.60 Td (e ) Tj ET Q q 0 0 0 rg BT 525.31 183.60 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.60 Td (defer ) Tj ET Q q 0 0 0 rg BT 73.25 171.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 108.12 171.60 Td (for ) Tj ET Q q 0 0 0 rg BT 122.99 171.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 135.65 171.60 Td (installation ) Tj ET Q q 0 0 0 rg BT 183.30 171.60 Td (and ) Tj ET Q q 0 0 0 rg BT 200.96 171.60 Td (other ) Tj ET Q q 0 0 0 rg BT 224.72 171.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 257.38 171.60 Td (services ) Tj ET Q q 0 0 0 rg BT 292.80 171.60 Td (and ) Tj ET Q q 0 0 0 rg BT 310.46 171.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 325.89 171.60 Td (other ) Tj ET Q q 0 0 0 rg BT 349.65 171.60 Td (services ) Tj ET Q q 0 0 0 rg BT 385.08 171.60 Td (that ) Tj ET Q q 0 0 0 rg BT 403.29 171.60 Td (are ) Tj ET Q q 0 0 0 rg BT 418.71 171.60 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 456.36 171.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 479.02 171.60 Td (to ) Tj ET Q q 0 0 0 rg BT 490.01 171.60 Td (when ) Tj ET Q q 0 0 0 rg BT 514.89 171.60 Td (services ) Tj ET Q q 0 0 0 rg BT 550.32 171.60 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.60 Td (provided. ) Tj ET Q q 0 0 0 rg BT 90.05 159.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.11 159.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 143.92 159.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 178.08 159.60 Td (balances ) Tj ET Q q 0 0 0 rg BT 215.01 159.60 Td (were ) Tj ET Q q 0 0 0 rg BT 236.94 159.60 Td (181.0 ) Tj ET Q q 0 0 0 rg BT 266.95 159.60 Td (million ) Tj ET Q q 0 0 0 rg BT 298.34 159.60 Td (and ) Tj ET Q q 0 0 0 rg BT 315.29 159.60 Td (177.6 ) Tj ET Q q 0 0 0 rg BT 345.30 159.60 Td (million ) Tj ET Q q 0 0 0 rg BT 376.69 159.60 Td (as ) Tj ET Q q 0 0 0 rg BT 387.53 159.60 Td (of ) Tj ET Q q 0 0 0 rg BT 398.37 159.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 456.96 159.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 479.46 159.60 Td (and ) Tj ET Q q 0 0 0 rg BT 496.41 159.60 Td (January ) Tj ET Q q 0 0 0 rg BT 530.01 159.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 540.02 159.60 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 147.60 Td (. ) Tj ET Q q 0 0 0 rg BT 101.16 147.60 Td (The ) Tj ET Q q 0 0 0 rg BT 118.31 147.60 Td (current ) Tj ET Q q 0 0 0 rg BT 148.24 147.60 Td (and ) Tj ET Q q 0 0 0 rg BT 164.29 147.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 205.34 147.60 Td (portions ) Tj ET Q q 0 0 0 rg BT 239.73 147.60 Td (of ) Tj ET Q q 0 0 0 rg BT 249.67 147.60 Td (our ) Tj ET Q q 0 0 0 rg BT 264.61 147.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 299.53 147.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 332.78 147.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 364.93 147.60 Td (at ) Tj ET Q q 0 0 0 rg BT 373.75 147.60 Td (December ) Tj ET Q q 0 0 0 rg BT 416.45 147.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 430.56 147.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 452.17 147.60 Td (are ) Tj ET Q q 0 0 0 rg BT 465.99 147.60 Td (included ) Tj ET Q q 0 0 0 rg BT 502.04 147.60 Td (within ) Tj ET Q q 0 0 0 rg BT 529.20 147.60 Td (deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 83.02 135.60 Td (and ) Tj ET Q q 0 0 0 rg BT 99.33 135.60 Td (advance ) Tj ET Q q 0 0 0 rg BT 133.95 135.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 170.26 135.60 Td (from ) Tj ET Q q 0 0 0 rg BT 191.57 135.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 238.43 135.60 Td (and ) Tj ET Q q 0 0 0 rg BT 254.74 135.60 Td (others ) Tj ET Q q 0 0 0 rg BT 281.05 135.60 Td (and ) Tj ET Q q 0 0 0 rg BT 297.36 135.60 Td (other ) Tj ET Q q 0 0 0 rg BT 319.78 135.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 361.08 135.60 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 402.67 135.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 450.33 135.60 Td (, ) Tj ET Q q 0 0 0 rg BT 454.70 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 464.35 135.60 Td (our ) Tj ET Q q 0 0 0 rg BT 479.56 135.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 531.97 135.60 Td (balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.60 Td (sheet.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 99.60 Td (Contract ) Tj ET Q q 0 0 0 rg BT 97.12 99.60 Td (Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 75.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.50 75.60 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 126.80 75.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 152.58 75.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 196.11 75.60 Td (with ) Tj ET Q q 0 0 0 rg BT 216.34 75.60 Td (incremental ) Tj ET Q q 0 0 0 rg BT 265.98 75.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 288.42 75.60 Td (to ) Tj ET Q q 0 0 0 rg BT 298.64 75.60 Td (obtain ) Tj ET Q q 0 0 0 rg BT 326.08 75.60 Td (a ) Tj ET Q q 0 0 0 rg BT 332.96 75.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 367.61 75.60 Td (and ) Tj ET Q q 0 0 0 rg BT 384.49 75.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 419.14 75.60 Td (fulfillment ) Tj ET Q q 0 0 0 rg BT 464.35 75.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 486.79 75.60 Td (were ) Tj ET Q q 0 0 0 rg BT 508.67 75.60 Td (85.1 ) Tj ET Q q 0 0 0 rg BT 533.61 75.60 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 63.60 Td (and ) Tj ET Q q 0 0 0 rg BT 65.81 63.60 Td (85.8 ) Tj ET Q q 0 0 0 rg BT 90.19 63.60 Td (million ) Tj ET Q q 0 0 0 rg BT 120.95 63.60 Td (at ) Tj ET Q q 0 0 0 rg BT 130.04 63.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 188.00 63.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 209.88 63.60 Td (and ) Tj ET Q q 0 0 0 rg BT 226.19 63.60 Td (January ) Tj ET Q q 0 0 0 rg BT 259.16 63.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 268.53 63.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 292.91 63.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 340.57 63.60 Td (. ) Tj ET Q q 0 0 0 rg BT 344.81 63.60 Td (The ) Tj ET Q q 0 0 0 rg BT 362.23 63.60 Td (current ) Tj ET Q q 0 0 0 rg BT 392.42 63.60 Td (and ) Tj ET Q q 0 0 0 rg BT 408.73 63.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 450.04 63.60 Td (portions ) Tj ET Q q 0 0 0 rg BT 484.69 63.60 Td (of ) Tj ET Q q 0 0 0 rg BT 494.89 63.60 Td (our ) Tj ET Q q 0 0 0 rg BT 510.10 63.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 535.30 63.60 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 51.60 Td (to ) Tj ET Q q 0 0 0 rg BT 60.59 51.60 Td (contract ) Tj ET Q q 0 0 0 rg BT 96.11 51.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 119.43 51.60 Td (at ) Tj ET Q q 0 0 0 rg BT 129.96 51.60 Td (December ) Tj ET Q q 0 0 0 rg BT 174.36 51.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 190.17 51.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 213.49 51.60 Td (are ) Tj ET Q q 0 0 0 rg BT 229.01 51.60 Td (included ) Tj ET Q q 0 0 0 rg BT 266.76 51.60 Td (within ) Tj ET Q q 0 0 0 rg BT 295.63 51.60 Td (other ) Tj ET Q q 0 0 0 rg BT 319.50 51.60 Td (current ) Tj ET Q q 0 0 0 rg BT 351.13 51.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 380.27 51.60 Td (net ) Tj ET Q q 0 0 0 rg BT 395.80 51.60 Td (and ) Tj ET Q q 0 0 0 rg BT 413.56 51.60 Td (other ) Tj ET Q q 0 0 0 rg BT 437.42 51.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 466.57 51.60 Td (net, ) Tj ET Q q 0 0 0 rg BT 484.60 51.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 532.26 51.60 Td (, ) Tj ET Q q 0 0 0 rg BT 538.07 51.60 Td (in ) Tj ET Q q 0 0 0 rg BT 549.17 51.60 Td (our ) Tj ET Q q 0 0 0 rg BT 565.00 51.60 Td ( ) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 708.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 103.10 708.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 136.69 708.60 Td (sheet. ) Tj ET Q q 0 0 0 rg BT 162.57 708.60 Td (W) Tj ET Q q 0 0 0 rg BT 171.21 708.60 Td (e ) Tj ET Q q 0 0 0 rg BT 178.71 708.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 216.74 708.60 Td (amortization ) Tj ET Q q 0 0 0 rg BT 270.34 708.60 Td (of ) Tj ET Q q 0 0 0 rg BT 281.73 708.60 Td (92.2 ) Tj ET Q q 0 0 0 rg BT 307.28 708.60 Td (million ) Tj ET Q q 0 0 0 rg BT 339.23 708.60 Td (during ) Tj ET Q q 0 0 0 rg BT 368.40 708.60 Td (year ) Tj ET Q q 0 0 0 rg BT 388.67 708.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 415.60 708.60 Td (December ) Tj ET Q q 0 0 0 rg BT 459.74 708.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 475.30 708.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 500.86 708.60 Td (related ) Tj ET Q q 0 0 0 rg BT 531.12 708.60 Td (to ) Tj ET Q q 0 0 0 rg BT 541.96 708.60 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 77.83 696.60 Td (included ) Tj ET Q q 0 0 0 rg BT 114.76 696.60 Td (in ) Tj ET Q q 0 0 0 rg BT 125.04 696.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 181.98 696.60 Td (and ) Tj ET Q q 0 0 0 rg BT 198.91 696.60 Td (other ) Tj ET Q q 0 0 0 rg BT 221.96 696.60 Td (direct ) Tj ET Q q 0 0 0 rg BT 247.22 696.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 269.72 696.60 Td (of ) Tj ET Q q 0 0 0 rg BT 280.55 696.60 Td (service ) Tj ET Q q 0 0 0 rg BT 311.37 696.60 Td (expenses ) Tj ET Q q 0 0 0 rg BT 349.97 696.60 Td (and ) Tj ET Q q 0 0 0 rg BT 366.91 696.60 Td (other ) Tj ET Q q 0 0 0 rg BT 389.95 696.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 430.22 696.60 Td (expenses.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 672.60 Td (Unsatisfied ) Tj ET Q q 0 0 0 rg BT 107.67 672.60 Td (Performance ) Tj ET Q q 0 0 0 rg BT 164.05 672.60 Td (Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 648.60 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 648.60 Td ( ) Tj ET Q q 0 0 0 rg BT 76.59 648.60 Td (lar) Tj ET Q q 0 0 0 rg BT 86.96 648.60 Td (ge ) Tj ET Q q 0 0 0 rg BT 98.81 648.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 130.12 648.60 Td (of ) Tj ET Q q 0 0 0 rg BT 140.87 648.60 Td (our ) Tj ET Q q 0 0 0 rg BT 156.62 648.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 190.68 648.60 Td (is ) Tj ET Q q 0 0 0 rg BT 199.77 648.60 Td (derived ) Tj ET Q q 0 0 0 rg BT 232.18 648.60 Td (from ) Tj ET Q q 0 0 0 rg BT 254.04 648.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 297.00 648.60 Td (who ) Tj ET Q q 0 0 0 rg BT 316.64 648.60 Td (are ) Tj ET Q q 0 0 0 rg BT 331.27 648.60 Td (not ) Tj ET Q q 0 0 0 rg BT 346.47 648.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 377.21 648.60 Td (to ) Tj ET Q q 0 0 0 rg BT 387.41 648.60 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 428.42 648.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 465.83 648.60 Td (from ) Tj ET Q q 0 0 0 rg BT 487.69 648.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 530.65 648.60 Td (who ) Tj ET Q q 0 0 0 rg BT 550.29 648.60 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 636.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 80.95 636.60 Td (to ) Tj ET Q q 0 0 0 rg BT 91.86 636.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 131.08 636.60 Td (will ) Tj ET Q q 0 0 0 rg BT 149.76 636.60 Td (be ) Tj ET Q q 0 0 0 rg BT 162.32 636.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 209.31 636.60 Td (over ) Tj ET Q q 0 0 0 rg BT 230.21 636.60 Td (the ) Tj ET Q q 0 0 0 rg BT 245.55 636.60 Td (term ) Tj ET Q q 0 0 0 rg BT 267.00 636.60 Td (of ) Tj ET Q q 0 0 0 rg BT 278.46 636.60 Td (such ) Tj ET Q q 0 0 0 rg BT 299.92 636.60 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 341.64 636.60 Td (which ) Tj ET Q q 0 0 0 rg BT 369.20 636.60 Td (is ) Tj ET Q q 0 0 0 rg BT 379.00 636.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 419.33 636.60 Td (12 ) Tj ET Q q 0 0 0 rg BT 432.45 636.60 Td (or ) Tj ET Q q 0 0 0 rg BT 443.91 636.60 Td (24 ) Tj ET Q q 0 0 0 rg BT 457.04 636.60 Td (months ) Tj ET Q q 0 0 0 rg BT 489.61 636.60 Td (for ) Tj ET Q q 0 0 0 rg BT 504.40 636.60 Td (our ) Tj ET Q q 0 0 0 rg BT 520.85 636.60 Td (residential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 624.60 Td (service ) Tj ET Q q 0 0 0 rg BT 80.32 624.60 Td (and ) Tj ET Q q 0 0 0 rg BT 97.25 624.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 127.53 624.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 166.12 624.60 Td (and ) Tj ET Q q 0 0 0 rg BT 183.06 624.60 Td (one ) Tj ET Q q 0 0 0 rg BT 200.00 624.60 Td (to ) Tj ET Q q 0 0 0 rg BT 210.28 624.60 Td (five ) Tj ET Q q 0 0 0 rg BT 228.32 624.60 Td (years ) Tj ET Q q 0 0 0 rg BT 251.92 624.60 Td (for ) Tj ET Q q 0 0 0 rg BT 266.08 624.60 Td (our ) Tj ET Q q 0 0 0 rg BT 281.91 624.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 302.75 624.60 Td (contracts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 600.60 Td (\(5\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 599.03505859375 m 141.7880859375 599.03505859375 l s q 0 0 0 rg BT 76.50 600.60 Td (JV) Tj ET Q q 0 0 0 rg BT 88.54 600.60 Td ( ) Tj ET Q q 0 0 0 rg BT 90.86 600.60 Td (T) Tj ET Q q 0 0 0 rg BT 96.79 600.60 Td (ransaction) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 576.60 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 552.60 Td (On ) Tj ET Q q 0 0 0 rg BT 82.80 552.60 Td (February ) Tj ET Q q 0 0 0 rg BT 121.98 552.60 Td (15, ) Tj ET Q q 0 0 0 rg BT 137.56 552.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 163.13 552.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 195.65 552.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 225.94 552.60 Td (Europe ) Tj ET Q q 0 0 0 rg BT 257.90 552.60 Td (Holding ) Tj ET Q q 0 0 0 rg BT 293.75 552.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 308.86 552.60 Td (. ) Tj ET Q q 0 0 0 rg BT 314.44 552.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.77 552.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 353.06 552.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 385.04 552.60 Td (Eur) Tj ET Q q 0 0 0 rg BT 401.53 552.60 Td (ope) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.53 552.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 425.43 552.60 Td (a ) Tj ET Q q 0 0 0 rg BT 432.95 552.60 Td (corporation ) Tj ET Q q 0 0 0 rg BT 482.12 552.60 Td (or) Tj ET Q q 0 0 0 rg BT 490.27 552.60 Td (ganized ) Tj ET Q q 0 0 0 rg BT 524.45 552.60 Td (under ) Tj ET Q q 0 0 0 rg BT 550.29 552.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 69.58 540.60 Td (of ) Tj ET Q q 0 0 0 rg BT 79.66 540.60 Td (the ) Tj ET Q q 0 0 0 rg BT 93.63 540.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 143.69 540.60 Td (and ) Tj ET Q q 0 0 0 rg BT 159.88 540.60 Td (a ) Tj ET Q q 0 0 0 rg BT 166.07 540.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 225.58 540.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 268.44 540.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.52 540.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 309.71 540.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.92 540.60 Td (, ) Tj ET Q q 0 0 0 rg BT 341.17 540.60 Td (and ) Tj ET Q q 0 0 0 rg BT 357.23 540.60 Td (V) Tj ET Q q 0 0 0 rg BT 363.17 540.60 Td (odafone ) Tj ET Q q 0 0 0 rg BT 397.12 540.60 Td (International ) Tj ET Q q 0 0 0 rg BT 449.96 540.60 Td (Holdings ) Tj ET Q q 0 0 0 rg BT 488.38 540.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 503.48 540.60 Td (., ) Tj ET Q q 0 0 0 rg BT 510.23 540.60 Td (a ) Tj ET Q q 0 0 0 rg BT 516.42 540.60 Td (corporation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (or) Tj ET Q q 0 0 0 rg BT 57.65 528.60 Td (ganized ) Tj ET Q q 0 0 0 rg BT 91.31 528.60 Td (under ) Tj ET Q q 0 0 0 rg BT 116.64 528.60 Td (the ) Tj ET Q q 0 0 0 rg BT 131.43 528.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 152.32 528.60 Td (of ) Tj ET Q q 0 0 0 rg BT 163.22 528.60 Td (the ) Tj ET Q q 0 0 0 rg BT 178.00 528.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 228.88 528.60 Td (and ) Tj ET Q q 0 0 0 rg BT 245.89 528.60 Td (a ) Tj ET Q q 0 0 0 rg BT 252.89 528.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 313.23 528.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 356.90 528.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.61 528.60 Td (V) Tj ET Q q 0 0 0 rg BT 373.54 528.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.75 528.60 Td (, ) Tj ET Q q 0 0 0 rg BT 410.82 528.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 440.03 528.60 Td (to ) Tj ET Q q 0 0 0 rg BT 450.37 528.60 Td (form ) Tj ET Q q 0 0 0 rg BT 472.38 528.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.97 528.60 Td (V) Tj ET Q q 0 0 0 rg BT 492.91 528.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 551.57 528.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 86.23 516.60 Td (to ) Tj ET Q q 0 0 0 rg BT 96.31 516.60 Td (a ) Tj ET Q q 0 0 0 rg BT 103.04 516.60 Td (Contribution ) Tj ET Q q 0 0 0 rg BT 156.45 516.60 Td (and ) Tj ET Q q 0 0 0 rg BT 173.02 516.60 Td (T) Tj ET Q q 0 0 0 rg BT 178.77 516.60 Td (ransfer ) Tj ET Q q 0 0 0 rg BT 208.32 516.60 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 255.04 516.60 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.88 516.60 Td (Contribution ) Tj ET Q q 0 0 0 rg BT 330.79 516.60 Td (Agr) Tj ET Q q 0 0 0 rg BT 347.27 516.60 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.81 516.60 Td (\). ) Tj ET Q q 0 0 0 rg BT 385.93 516.60 Td (On ) Tj ET Q q 0 0 0 rg BT 400.45 516.60 Td (December ) Tj ET Q q 0 0 0 rg BT 443.83 516.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 458.62 516.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 483.42 516.60 Td (the ) Tj ET Q q 0 0 0 rg BT 497.93 516.60 Td (formation ) Tj ET Q q 0 0 0 rg BT 539.66 516.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 516.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.60 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 504.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 113.36 504.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.29 504.60 Td ( ) Tj ET Q q 0 0 0 rg BT 126.12 504.60 Td (was ) Tj ET Q q 0 0 0 rg BT 143.50 504.60 Td (completed ) Tj ET Q q 0 0 0 rg BT 186.99 504.60 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.36 504.60 Td (JV) Tj ET Q q 0 0 0 rg BT 216.40 504.60 Td ( ) Tj ET Q q 0 0 0 rg BT 218.10 504.60 Td (T) Tj ET Q q 0 0 0 rg BT 224.03 504.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.03 504.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 274.19 504.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 310.46 504.60 Td (to ) Tj ET Q q 0 0 0 rg BT 320.07 504.60 Td (which ) Tj ET Q q 0 0 0 rg BT 346.34 504.60 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.48 504.60 Td (V) Tj ET Q q 0 0 0 rg BT 363.41 504.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 421.33 504.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 448.72 504.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.50 504.60 Td ( ) Tj ET Q q 0 0 0 rg BT 483.33 504.60 Td (became ) Tj ET Q q 0 0 0 rg BT 515.69 504.60 Td (50% ) Tj ET Q q 0 0 0 rg BT 535.85 504.60 Td (owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.60 Td (by ) Tj ET Q q 0 0 0 rg BT 61.82 492.60 Td (each ) Tj ET Q q 0 0 0 rg BT 82.46 492.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.11 492.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 124.87 492.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.08 492.60 Td ( ) Tj ET Q q 0 0 0 rg BT 154.40 492.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.00 492.60 Td (V) Tj ET Q q 0 0 0 rg BT 176.93 492.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.14 492.60 Td (, ) Tj ET Q q 0 0 0 rg BT 213.96 492.60 Td (\(ii\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.18 492.60 Td (V) Tj ET Q q 0 0 0 rg BT 232.11 492.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.20 492.60 Td ( ) Tj ET Q q 0 0 0 rg BT 290.52 492.60 Td (and ) Tj ET Q q 0 0 0 rg BT 307.28 492.60 Td (its ) Tj ET Q q 0 0 0 rg BT 319.05 492.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 368.59 492.60 Td (were ) Tj ET Q q 0 0 0 rg BT 390.34 492.60 Td (contributed ) Tj ET Q q 0 0 0 rg BT 438.21 492.60 Td (into ) Tj ET Q q 0 0 0 rg BT 456.08 492.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.46 492.60 Td (V) Tj ET Q q 0 0 0 rg BT 476.39 492.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 534.80 492.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.74 492.60 Td ( ) Tj ET Q q 0 0 0 rg BT 548.06 492.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.60 Td (became ) Tj ET Q q 0 0 0 rg BT 83.03 480.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 143.79 480.60 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.57 480.60 Td (V) Tj ET Q q 0 0 0 rg BT 162.50 480.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 221.59 480.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 250.14 480.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.91 480.60 Td (, ) Tj ET Q q 0 0 0 rg BT 288.41 480.60 Td (and ) Tj ET Q q 0 0 0 rg BT 305.84 480.60 Td (\(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.61 480.60 Td (V) Tj ET Q q 0 0 0 rg BT 329.55 480.60 Td (odafone ) Tj ET Q q 0 0 0 rg BT 364.75 480.60 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.71 480.60 Td ( ) Tj ET Q q 0 0 0 rg BT 380.70 480.60 Td (and ) Tj ET Q q 0 0 0 rg BT 398.14 480.60 Td (its ) Tj ET Q q 0 0 0 rg BT 410.58 480.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 460.79 480.60 Td (were ) Tj ET Q q 0 0 0 rg BT 483.21 480.60 Td (contributed ) Tj ET Q q 0 0 0 rg BT 531.75 480.60 Td (into ) Tj ET Q q 0 0 0 rg BT 550.30 480.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.60 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 468.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 114.03 468.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.96 468.60 Td ( ) Tj ET Q q 0 0 0 rg BT 127.46 468.60 Td (and ) Tj ET Q q 0 0 0 rg BT 144.40 468.60 Td (became ) Tj ET Q q 0 0 0 rg BT 177.43 468.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 237.70 468.60 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.02 468.60 Td (V) Tj ET Q q 0 0 0 rg BT 255.95 468.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.04 468.60 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 444.60 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 115.64 444.60 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 420.60 Td (In ) Tj ET Q q 0 0 0 rg BT 79.23 420.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 126.50 420.60 Td (with ) Tj ET Q q 0 0 0 rg BT 147.67 420.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.29 420.60 Td (JV) Tj ET Q q 0 0 0 rg BT 174.22 420.60 Td ( ) Tj ET Q q 0 0 0 rg BT 177.37 420.60 Td (T) Tj ET Q q 0 0 0 rg BT 183.13 420.60 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.22 420.60 Td (, ) Tj ET Q q 0 0 0 rg BT 230.12 420.60 Td (on ) Tj ET Q q 0 0 0 rg BT 243.52 420.60 Td (December ) Tj ET Q q 0 0 0 rg BT 288.00 420.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 303.90 420.60 Td (2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.79 420.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 362.62 420.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.84 420.60 Td ( ) Tj ET Q q 0 0 0 rg BT 393.24 420.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.83 420.60 Td (V) Tj ET Q q 0 0 0 rg BT 416.76 420.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.97 420.60 Td ( ) Tj ET Q q 0 0 0 rg BT 452.37 420.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 485.19 420.60 Td (into ) Tj ET Q q 0 0 0 rg BT 504.14 420.60 Td (a ) Tj ET Q q 0 0 0 rg BT 511.98 420.60 Td (shareholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 94.66 408.60 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 113.73 408.60 Td (Shar) Tj ET Q q 0 0 0 rg BT 134.11 408.60 Td (eholders ) Tj ET Q q 0 0 0 rg BT 172.97 408.60 Td (Agr) Tj ET Q q 0 0 0 rg BT 189.44 408.60 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 408.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 226.83 408.60 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.88 408.60 Td (V) Tj ET Q q 0 0 0 rg BT 253.81 408.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 313.43 408.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 342.50 408.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.28 408.60 Td ( ) Tj ET Q q 0 0 0 rg BT 378.80 408.60 Td (in ) Tj ET Q q 0 0 0 rg BT 390.10 408.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 421.94 408.60 Td (of ) Tj ET Q q 0 0 0 rg BT 433.79 408.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.28 408.60 Td (V) Tj ET Q q 0 0 0 rg BT 455.21 408.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 514.82 408.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 408.60 Td (. ) Tj ET Q q 0 0 0 rg BT 530.67 408.60 Td (Each ) Tj ET Q q 0 0 0 rg BT 554.18 408.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 81.28 396.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 396.60 Td ( ) Tj ET Q q 0 0 0 rg BT 110.85 396.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.46 396.60 Td (V) Tj ET Q q 0 0 0 rg BT 133.39 396.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.60 396.60 Td ( ) Tj ET Q q 0 0 0 rg BT 167.95 396.60 Td (\(each ) Tj ET Q q 0 0 0 rg BT 191.94 396.60 Td (a ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.73 396.60 Td (Shar) Tj ET Q q 0 0 0 rg BT 219.11 396.60 Td (eholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.33 396.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 257.00 396.60 Td (holds ) Tj ET Q q 0 0 0 rg BT 281.02 396.60 Td (50% ) Tj ET Q q 0 0 0 rg BT 301.70 396.60 Td (of ) Tj ET Q q 0 0 0 rg BT 312.38 396.60 Td (the ) Tj ET Q q 0 0 0 rg BT 326.94 396.60 Td (issued ) Tj ET Q q 0 0 0 rg BT 354.29 396.60 Td (share ) Tj ET Q q 0 0 0 rg BT 377.74 396.60 Td (capital ) Tj ET Q q 0 0 0 rg BT 406.73 396.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.24 396.60 Td (V) Tj ET Q q 0 0 0 rg BT 423.17 396.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 481.62 396.60 Td (Group ) Tj ET Q q 0 0 0 rg BT 509.51 396.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.29 396.60 Td (. ) Tj ET Q q 0 0 0 rg BT 546.97 396.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.60 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 103.76 384.60 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 384.60 Td ( ) Tj ET Q q 0 0 0 rg BT 150.82 384.60 Td (contains ) Tj ET Q q 0 0 0 rg BT 186.79 384.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 231.08 384.60 Td (provisions ) Tj ET Q q 0 0 0 rg BT 275.39 384.60 Td (for ) Tj ET Q q 0 0 0 rg BT 289.69 384.60 Td (the ) Tj ET Q q 0 0 0 rg BT 304.54 384.60 Td (governance ) Tj ET Q q 0 0 0 rg BT 353.27 384.60 Td (of ) Tj ET Q q 0 0 0 rg BT 364.23 384.60 Td (a ) Tj ET Q q 0 0 0 rg BT 371.31 384.60 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 396.73 384.60 Td (joint ) Tj ET Q q 0 0 0 rg BT 417.70 384.60 Td (venture ) Tj ET Q q 0 0 0 rg BT 450.32 384.60 Td (that ) Tj ET Q q 0 0 0 rg BT 467.96 384.60 Td (result ) Tj ET Q q 0 0 0 rg BT 492.81 384.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.23 384.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 535.30 384.60 Td (Global) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.26 372.60 Td (V) Tj ET Q q 0 0 0 rg BT 72.19 372.60 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.40 372.60 Td ( ) Tj ET Q q 0 0 0 rg BT 106.90 372.60 Td (having ) Tj ET Q q 0 0 0 rg BT 136.61 372.60 Td (joint ) Tj ET Q q 0 0 0 rg BT 157.45 372.60 Td (control ) Tj ET Q q 0 0 0 rg BT 188.27 372.60 Td (over ) Tj ET Q q 0 0 0 rg BT 208.54 372.60 Td (decision ) Tj ET Q q 0 0 0 rg BT 244.37 372.60 Td (making ) Tj ET Q q 0 0 0 rg BT 276.86 372.60 Td (with ) Tj ET Q q 0 0 0 rg BT 297.14 372.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 327.96 372.60 Td (to ) Tj ET Q q 0 0 0 rg BT 338.24 372.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.77 372.60 Td (V) Tj ET Q q 0 0 0 rg BT 358.70 372.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 417.30 372.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.12 372.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 348.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.57 348.60 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 141.52 348.60 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.94 348.60 Td ( ) Tj ET Q q 0 0 0 rg BT 189.47 348.60 Td (also ) Tj ET Q q 0 0 0 rg BT 209.10 348.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 247.06 348.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 260.02 348.60 Td (for ) Tj ET Q q 0 0 0 rg BT 275.20 348.60 Td (a ) Tj ET Q q 0 0 0 rg BT 283.16 348.60 Td (dividend ) Tj ET Q q 0 0 0 rg BT 321.68 348.60 Td (policy ) Tj ET Q q 0 0 0 rg BT 350.19 348.60 Td (that ) Tj ET Q q 0 0 0 rg BT 368.71 348.60 Td (requires ) Tj ET Q q 0 0 0 rg BT 404.44 348.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.92 348.60 Td (V) Tj ET Q q 0 0 0 rg BT 425.86 348.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 485.47 348.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.41 348.60 Td ( ) Tj ET Q q 0 0 0 rg BT 499.93 348.60 Td (to ) Tj ET Q q 0 0 0 rg BT 511.23 348.60 Td (distribute ) Tj ET Q q 0 0 0 rg BT 552.52 348.60 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.60 Td (unrestricted ) Tj ET Q q 0 0 0 rg BT 101.30 336.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 123.66 336.60 Td (to ) Tj ET Q q 0 0 0 rg BT 136.04 336.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.85 336.60 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.17 336.60 Td (s ) Tj ET Q q 0 0 0 rg BT 209.66 336.60 Td (as ) Tj ET Q q 0 0 0 rg BT 222.58 336.60 Td (soon ) Tj ET Q q 0 0 0 rg BT 246.07 336.60 Td (as ) Tj ET Q q 0 0 0 rg BT 259.00 336.60 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 306.91 336.60 Td (practicable ) Tj ET Q q 0 0 0 rg BT 355.36 336.60 Td (following ) Tj ET Q q 0 0 0 rg BT 398.85 336.60 Td (each ) Tj ET Q q 0 0 0 rg BT 421.76 336.60 Td (two ) Tj ET Q q 0 0 0 rg BT 441.36 336.60 Td (month ) Tj ET Q q 0 0 0 rg BT 471.51 336.60 Td (period ) Tj ET Q q 0 0 0 rg BT 501.65 336.60 Td (\(subject ) Tj ET Q q 0 0 0 rg BT 537.91 336.60 Td (to ) Tj ET Q q 0 0 0 rg BT 550.28 336.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.60 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 324.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 115.39 324.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.32 324.60 Td ( ) Tj ET Q q 0 0 0 rg BT 130.19 324.60 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 181.82 324.60 Td (a ) Tj ET Q q 0 0 0 rg BT 190.12 324.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 232.88 324.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 266.74 324.60 Td (of ) Tj ET Q q 0 0 0 rg BT 278.93 324.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 300.57 324.60 Td (and ) Tj ET Q q 0 0 0 rg BT 318.87 324.60 Td (complying ) Tj ET Q q 0 0 0 rg BT 365.51 324.60 Td (with ) Tj ET Q q 0 0 0 rg BT 387.15 324.60 Td (the ) Tj ET Q q 0 0 0 rg BT 403.23 324.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 429.31 324.60 Td (of ) Tj ET Q q 0 0 0 rg BT 441.50 324.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 483.13 324.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 540.86 324.60 Td (of ) Tj ET Q q 0 0 0 rg BT 553.05 324.60 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.60 Td (subsidiaries\) ) Tj ET Q q 0 0 0 rg BT 103.01 312.60 Td (and ) Tj ET Q q 0 0 0 rg BT 120.41 312.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 135.59 312.60 Td (that ) Tj ET Q q 0 0 0 rg BT 153.55 312.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.52 312.60 Td (V) Tj ET Q q 0 0 0 rg BT 174.45 312.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 233.51 312.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.44 312.60 Td ( ) Tj ET Q q 0 0 0 rg BT 247.41 312.60 Td (will ) Tj ET Q q 0 0 0 rg BT 265.93 312.60 Td (be ) Tj ET Q q 0 0 0 rg BT 278.33 312.60 Td (managed ) Tj ET Q q 0 0 0 rg BT 317.39 312.60 Td (with ) Tj ET Q q 0 0 0 rg BT 338.13 312.60 Td (a ) Tj ET Q q 0 0 0 rg BT 345.53 312.60 Td (leverage ) Tj ET Q q 0 0 0 rg BT 382.36 312.60 Td (ratio ) Tj ET Q q 0 0 0 rg BT 403.65 312.60 Td (of ) Tj ET Q q 0 0 0 rg BT 414.94 312.60 Td (between ) Tj ET Q q 0 0 0 rg BT 451.22 312.60 Td (4.5 ) Tj ET Q q 0 0 0 rg BT 466.68 312.60 Td (and ) Tj ET Q q 0 0 0 rg BT 484.09 312.60 Td (5.0 ) Tj ET Q q 0 0 0 rg BT 499.55 312.60 Td (times ) Tj ET Q q 0 0 0 rg BT 524.18 312.60 Td (Covenant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 85.61 300.60 Td ( ) Tj ET Q q 0 0 0 rg BT 88.30 300.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 102.65 300.60 Td (calculated ) Tj ET Q q 0 0 0 rg BT 145.87 300.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 183.00 300.60 Td (to ) Tj ET Q q 0 0 0 rg BT 193.46 300.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 227.82 300.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 268.27 300.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 324.83 300.60 Td (of ) Tj ET Q q 0 0 0 rg BT 335.85 300.60 Td (its ) Tj ET Q q 0 0 0 rg BT 347.99 300.60 Td (subsidiaries\) ) Tj ET Q q 0 0 0 rg BT 401.22 300.60 Td (with ) Tj ET Q q 0 0 0 rg BT 421.69 300.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.41 300.60 Td (V) Tj ET Q q 0 0 0 rg BT 442.34 300.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 501.12 300.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.05 300.60 Td ( ) Tj ET Q q 0 0 0 rg BT 514.75 300.60 Td (undertaking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.60 Td (periodic ) Tj ET Q q 0 0 0 rg BT 84.76 288.60 Td (recapitalizations ) Tj ET Q q 0 0 0 rg BT 152.79 288.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 180.83 288.60 Td (refinancings ) Tj ET Q q 0 0 0 rg BT 232.76 288.60 Td (accordingly) Tj ET Q q 0 0 0 rg BT 279.31 288.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 264.60 Td (Each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.75 264.60 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.07 264.60 Td ( ) Tj ET Q q 0 0 0 rg BT 140.34 264.60 Td (has ) Tj ET Q q 0 0 0 rg BT 155.94 264.60 Td (the ) Tj ET Q q 0 0 0 rg BT 170.42 264.60 Td (right ) Tj ET Q q 0 0 0 rg BT 191.57 264.60 Td (to ) Tj ET Q q 0 0 0 rg BT 201.62 264.60 Td (initiate ) Tj ET Q q 0 0 0 rg BT 231.66 264.60 Td (an ) Tj ET Q q 0 0 0 rg BT 243.36 264.60 Td (initial ) Tj ET Q q 0 0 0 rg BT 268.96 264.60 Td (public ) Tj ET Q q 0 0 0 rg BT 296.23 264.60 Td (of) Tj ET Q q 0 0 0 rg BT 304.38 264.60 Td (fering ) Tj ET Q q 0 0 0 rg BT 330.52 264.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.85 264.60 Td (IPO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.63 264.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 357.23 264.60 Td (of ) Tj ET Q q 0 0 0 rg BT 367.82 264.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 264.60 Td (V) Tj ET Q q 0 0 0 rg BT 388.08 264.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 446.44 264.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.37 264.60 Td ( ) Tj ET Q q 0 0 0 rg BT 459.64 264.60 Td (after ) Tj ET Q q 0 0 0 rg BT 480.22 264.60 Td (the ) Tj ET Q q 0 0 0 rg BT 494.71 264.60 Td (third ) Tj ET Q q 0 0 0 rg BT 515.86 264.60 Td (anniversary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.60 Td (of ) Tj ET Q q 0 0 0 rg BT 61.25 252.60 Td (the ) Tj ET Q q 0 0 0 rg BT 76.89 252.60 Td (closing, ) Tj ET Q q 0 0 0 rg BT 111.69 252.60 Td (with ) Tj ET Q q 0 0 0 rg BT 132.89 252.60 Td (the ) Tj ET Q q 0 0 0 rg BT 148.53 252.60 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 198.62 252.60 Td (for ) Tj ET Q q 0 0 0 rg BT 213.70 252.60 Td (the ) Tj ET Q q 0 0 0 rg BT 229.33 252.60 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.30 252.60 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.62 252.60 Td ( ) Tj ET Q q 0 0 0 rg BT 305.04 252.60 Td (to ) Tj ET Q q 0 0 0 rg BT 316.24 252.60 Td (sell ) Tj ET Q q 0 0 0 rg BT 333.54 252.60 Td (shares ) Tj ET Q q 0 0 0 rg BT 361.95 252.60 Td (in ) Tj ET Q q 0 0 0 rg BT 373.15 252.60 Td (the ) Tj ET Q q 0 0 0 rg BT 388.79 252.60 Td (IPO ) Tj ET Q q 0 0 0 rg BT 408.32 252.60 Td (on ) Tj ET Q q 0 0 0 rg BT 421.74 252.60 Td (a ) Tj ET Q q 0 0 0 rg BT 429.60 252.60 Td (pro ) Tj ET Q q 0 0 0 rg BT 446.35 252.60 Td (rata ) Tj ET Q q 0 0 0 rg BT 464.76 252.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 490.68 252.60 Td (Subject ) Tj ET Q q 0 0 0 rg BT 524.09 252.60 Td (to ) Tj ET Q q 0 0 0 rg BT 535.29 252.60 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.60 Td (exceptions, ) Tj ET Q q 0 0 0 rg BT 97.52 240.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.49 240.60 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 166.84 240.60 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.26 240.60 Td ( ) Tj ET Q q 0 0 0 rg BT 214.02 240.60 Td (prohibits ) Tj ET Q q 0 0 0 rg BT 252.32 240.60 Td (transfers ) Tj ET Q q 0 0 0 rg BT 289.51 240.60 Td (of ) Tj ET Q q 0 0 0 rg BT 300.59 240.60 Td (interests ) Tj ET Q q 0 0 0 rg BT 336.67 240.60 Td (in ) Tj ET Q q 0 0 0 rg BT 347.20 240.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.97 240.60 Td (V) Tj ET Q q 0 0 0 rg BT 367.90 240.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 426.75 240.60 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.68 240.60 Td ( ) Tj ET Q q 0 0 0 rg BT 440.43 240.60 Td (to ) Tj ET Q q 0 0 0 rg BT 450.97 240.60 Td (third ) Tj ET Q q 0 0 0 rg BT 472.60 240.60 Td (parties ) Tj ET Q q 0 0 0 rg BT 502.01 240.60 Td (until ) Tj ET Q q 0 0 0 rg BT 523.10 240.60 Td (the ) Tj ET Q q 0 0 0 rg BT 538.07 240.60 Td (fourth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.60 Td (anniversary ) Tj ET Q q 0 0 0 rg BT 98.73 228.60 Td (of ) Tj ET Q q 0 0 0 rg BT 109.64 228.60 Td (the ) Tj ET Q q 0 0 0 rg BT 124.44 228.60 Td (closing. ) Tj ET Q q 0 0 0 rg BT 157.84 228.60 Td (After ) Tj ET Q q 0 0 0 rg BT 181.52 228.60 Td (the ) Tj 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BT 289.65 527.67 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 527.67 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 527.67 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 527.67 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 527.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 527.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 512.67 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 512.67 Td (otal ) Tj ET Q q 0 0 0 rg BT 87.22 512.67 Td (V) Tj ET Q q 0 0 0 rg BT 93.16 512.67 Td (odafone corporate rechar) Tj ET Q q 0 0 0 rg BT 192.91 512.67 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.65 512.67 Td (77.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 512.67 Td (73.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 512.67 Td (49.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 512.67 Td (49.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 512.67 Td (30.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.50 512.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 512.67 Td (60.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 497.67 Td (T) Tj ET Q q 0 0 0 rg BT 81.91 497.67 Td (otal \(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.65 497.67 Td (170.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 497.67 Td (147.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 497.67 Td (1) Tj ET Q q 0 0 0 rg BT 384.65 497.67 Td (1) Tj ET Q q 0 0 0 rg BT 389.65 497.67 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 497.67 Td (1) Tj ET Q q 0 0 0 rg BT 434.65 497.67 Td (1) Tj ET Q q 0 0 0 rg BT 439.65 497.67 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 497.67 Td (30.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.50 497.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 497.67 Td (60.0) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.50 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.50 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 457.50 Td (Represents ) Tj ET Q q 0 0 0 rg BT 114.43 457.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 151.37 457.50 Td (char) Tj ET Q q 0 0 0 rg BT 168.39 457.50 Td (ged ) Tj ET Q q 0 0 0 rg BT 185.88 457.50 Td (for ) Tj ET Q q 0 0 0 rg BT 200.60 457.50 Td (technology ) Tj ET Q q 0 0 0 rg BT 248.08 457.50 Td (and ) Tj ET Q q 0 0 0 rg BT 265.57 457.50 Td (other ) Tj ET Q q 0 0 0 rg BT 289.17 457.50 Td (services. ) Tj ET Q q 0 0 0 rg BT 326.71 457.50 Td (These ) Tj ET Q q 0 0 0 rg BT 353.64 457.50 Td (char) Tj ET Q q 0 0 0 rg BT 370.66 457.50 Td (ges ) Tj ET Q q 0 0 0 rg BT 387.04 457.50 Td (are ) Tj ET Q q 0 0 0 rg BT 402.30 457.50 Td (included ) Tj ET Q q 0 0 0 rg BT 439.79 457.50 Td (in ) Tj ET Q q 0 0 0 rg BT 450.62 457.50 Td (the ) Tj ET Q q 0 0 0 rg BT 465.89 457.50 Td (calculation ) Tj ET Q q 0 0 0 rg BT 512.81 457.50 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.19 457.50 Td (Covenant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 445.50 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.16 445.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.50 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 421.50 Td (Represents ) Tj ET Q q 0 0 0 rg BT 114.44 421.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 151.40 421.50 Td (char) Tj ET Q q 0 0 0 rg BT 168.42 421.50 Td (ged ) Tj ET Q q 0 0 0 rg BT 185.93 421.50 Td (for ) Tj ET Q q 0 0 0 rg BT 200.65 421.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 230.37 421.50 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 284.53 421.50 Td (made ) Tj ET Q q 0 0 0 rg BT 309.25 421.50 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.32 421.50 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 354.82 421.50 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.04 421.50 Td ( ) Tj ET Q q 0 0 0 rg BT 385.10 421.50 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.28 421.50 Td (V) Tj ET Q q 0 0 0 rg BT 402.21 421.50 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.42 421.50 Td ( ) Tj ET Q q 0 0 0 rg BT 437.48 421.50 Td (related ) Tj ET Q q 0 0 0 rg BT 467.75 421.50 Td (to ) Tj ET Q q 0 0 0 rg BT 478.60 421.50 Td (assets ) Tj ET Q q 0 0 0 rg BT 504.99 421.50 Td (that ) Tj ET Q q 0 0 0 rg BT 523.05 421.50 Td (we ) Tj ET Q q 0 0 0 rg BT 537.78 421.50 Td (use ) Tj ET Q q 0 0 0 rg BT 554.18 421.50 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 409.50 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 108.88 409.50 Td (benefit ) Tj ET Q q 0 0 0 rg BT 139.14 409.50 Td (us. ) Tj ET Q q 0 0 0 rg BT 152.85 409.50 Td (These ) Tj ET Q q 0 0 0 rg BT 179.23 409.50 Td (char) Tj ET Q q 0 0 0 rg BT 196.25 409.50 Td (ges ) Tj ET Q q 0 0 0 rg BT 212.08 409.50 Td (will ) Tj ET Q q 0 0 0 rg BT 230.14 409.50 Td (not ) Tj ET Q q 0 0 0 rg BT 245.42 409.50 Td (be ) Tj ET Q q 0 0 0 rg BT 257.36 409.50 Td (included ) Tj ET Q q 0 0 0 rg BT 294.29 409.50 Td (in ) Tj ET Q q 0 0 0 rg BT 304.57 409.50 Td (the ) Tj ET Q q 0 0 0 rg BT 319.29 409.50 Td (calculation ) Tj ET Q q 0 0 0 rg BT 365.65 409.50 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.48 409.50 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 417.31 409.50 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.97 409.50 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.50 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 385.50 Td (Represents ) Tj ET Q q 0 0 0 rg BT 113.05 385.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 148.61 385.50 Td (char) Tj ET Q q 0 0 0 rg BT 165.63 385.50 Td (ged ) Tj ET Q q 0 0 0 rg BT 181.75 385.50 Td (for ) Tj ET Q q 0 0 0 rg BT 195.08 385.50 Td (our ) Tj ET Q q 0 0 0 rg BT 210.08 385.50 Td (use ) Tj ET Q q 0 0 0 rg BT 225.08 385.50 Td (of ) Tj ET Q q 0 0 0 rg BT 235.09 385.50 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.85 385.50 Td (V) Tj ET Q q 0 0 0 rg BT 254.79 385.50 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.99 385.50 Td ( ) Tj ET Q q 0 0 0 rg BT 288.67 385.50 Td (brand ) Tj ET Q q 0 0 0 rg BT 313.11 385.50 Td (name. ) Tj ET Q q 0 0 0 rg BT 338.81 385.50 Td (This ) Tj ET Q q 0 0 0 rg BT 358.26 385.50 Td (char) Tj ET Q q 0 0 0 rg BT 375.29 385.50 Td (ge ) Tj ET Q q 0 0 0 rg BT 386.40 385.50 Td (is ) Tj ET Q q 0 0 0 rg BT 394.74 385.50 Td (not ) Tj ET Q q 0 0 0 rg BT 409.19 385.50 Td (included ) Tj ET Q q 0 0 0 rg BT 445.30 385.50 Td (in ) Tj ET Q q 0 0 0 rg BT 454.75 385.50 Td (the ) Tj ET Q q 0 0 0 rg BT 468.64 385.50 Td (calculation ) Tj ET Q q 0 0 0 rg BT 514.18 385.50 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.18 385.50 Td (Covenant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 373.50 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.16 373.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.50 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 349.50 Td (In ) Tj ET Q q 0 0 0 rg BT 78.89 349.50 Td (addition ) Tj ET Q q 0 0 0 rg BT 114.73 349.50 Td (to ) Tj ET Q q 0 0 0 rg BT 125.57 349.50 Td (the ) Tj ET Q q 0 0 0 rg BT 140.85 349.50 Td (fixed ) Tj ET Q q 0 0 0 rg BT 164.47 349.50 Td (minimum ) Tj ET Q q 0 0 0 rg BT 206.42 349.50 Td (char) Tj ET Q q 0 0 0 rg BT 223.45 349.50 Td (ges, ) Tj ET Q q 0 0 0 rg BT 242.34 349.50 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.62 349.50 Td (JV) Tj ET Q q 0 0 0 rg BT 268.55 349.50 Td ( ) Tj ET Q q 0 0 0 rg BT 271.62 349.50 Td (Service ) Tj ET Q q 0 0 0 rg BT 303.99 349.50 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.31 349.50 Td ( ) Tj ET Q q 0 0 0 rg BT 355.37 349.50 Td (provide ) Tj ET Q q 0 0 0 rg BT 388.98 349.50 Td (for ) Tj ET Q q 0 0 0 rg BT 403.71 349.50 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.97 349.50 Td (JV) Tj ET Q q 0 0 0 rg BT 444.90 349.50 Td ( ) Tj ET Q q 0 0 0 rg BT 447.97 349.50 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.85 349.50 Td ( ) Tj ET Q q 0 0 0 rg BT 484.91 349.50 Td (to ) Tj ET Q q 0 0 0 rg BT 495.75 349.50 Td (be ) Tj ET Q q 0 0 0 rg BT 508.25 349.50 Td (char) Tj ET Q q 0 0 0 rg BT 525.28 349.50 Td (ged ) Tj ET Q q 0 0 0 rg BT 542.78 349.50 Td (to ) Tj ET Q q 0 0 0 rg BT 553.63 349.50 Td (us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 337.50 Td (based ) Tj ET Q q 0 0 0 rg BT 92.37 337.50 Td (upon ) Tj ET Q q 0 0 0 rg BT 114.47 337.50 Td (usage ) Tj ET Q q 0 0 0 rg BT 139.34 337.50 Td (of ) Tj ET Q q 0 0 0 rg BT 149.78 337.50 Td (the ) Tj ET Q q 0 0 0 rg BT 164.09 337.50 Td (services ) Tj ET Q q 0 0 0 rg BT 198.40 337.50 Td (received. ) Tj ET Q q 0 0 0 rg BT 236.72 337.50 Td (The ) Tj ET Q q 0 0 0 rg BT 254.36 337.50 Td (fixed ) Tj ET Q q 0 0 0 rg BT 277.01 337.50 Td (minimum ) Tj ET Q q 0 0 0 rg BT 318.01 337.50 Td (char) Tj ET Q q 0 0 0 rg BT 335.03 337.50 Td (ges ) Tj ET Q q 0 0 0 rg BT 350.47 337.50 Td (set ) Tj ET Q q 0 0 0 rg BT 363.68 337.50 Td (forth ) Tj ET Q q 0 0 0 rg BT 385.22 337.50 Td (in ) Tj ET Q q 0 0 0 rg BT 395.10 337.50 Td (the ) Tj ET Q q 0 0 0 rg BT 409.42 337.50 Td (table ) Tj ET Q q 0 0 0 rg BT 430.95 337.50 Td (above ) Tj ET Q q 0 0 0 rg BT 456.93 337.50 Td (exclude ) Tj ET Q q 0 0 0 rg BT 490.13 337.50 Td (fees ) Tj ET Q q 0 0 0 rg BT 508.33 337.50 Td (for ) Tj ET Q q 0 0 0 rg BT 522.09 337.50 Td (the ) Tj ET Q q 0 0 0 rg BT 536.41 337.50 Td (usage-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 325.50 Td (based ) Tj ET Q q 0 0 0 rg BT 92.78 325.50 Td (services ) Tj ET Q q 0 0 0 rg BT 127.49 325.50 Td (as ) Tj ET Q q 0 0 0 rg BT 138.33 325.50 Td (these ) Tj ET Q q 0 0 0 rg BT 161.38 325.50 Td (fees ) Tj ET Q q 0 0 0 rg BT 179.99 325.50 Td (will ) Tj ET Q q 0 0 0 rg BT 198.05 325.50 Td (vary ) Tj ET Q q 0 0 0 rg BT 218.33 325.50 Td (from ) Tj ET Q q 0 0 0 rg BT 240.27 325.50 Td (period ) Tj ET Q q 0 0 0 rg BT 268.33 325.50 Td (to ) Tj ET Q q 0 0 0 rg BT 278.61 325.50 Td (period. ) Tj ET Q q 0 0 0 rg BT 308.61 325.50 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 357.95 325.50 Td (, ) Tj ET Q q 0 0 0 rg BT 362.96 325.50 Td (we ) Tj ET Q q 0 0 0 rg BT 377.13 325.50 Td (expect ) Tj ET Q q 0 0 0 rg BT 405.73 325.50 Td (to ) Tj ET Q q 0 0 0 rg BT 416.01 325.50 Td (incur ) Tj ET Q q 0 0 0 rg BT 439.07 325.50 Td (char) Tj ET Q q 0 0 0 rg BT 456.09 325.50 Td (ges ) Tj ET Q q 0 0 0 rg BT 471.93 325.50 Td (in ) Tj ET Q q 0 0 0 rg BT 482.22 325.50 Td (addition ) Tj ET Q q 0 0 0 rg BT 517.50 325.50 Td (to ) Tj ET Q q 0 0 0 rg BT 527.78 325.50 Td (those ) Tj ET Q q 0 0 0 rg BT 551.40 325.50 Td (set ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 313.50 Td (forth ) Tj ET Q q 0 0 0 rg BT 89.44 313.50 Td (in ) Tj ET Q q 0 0 0 rg BT 99.72 313.50 Td (the ) Tj ET Q q 0 0 0 rg BT 114.43 313.50 Td (table ) Tj ET Q q 0 0 0 rg BT 136.37 313.50 Td (above ) Tj ET Q q 0 0 0 rg BT 162.74 313.50 Td (for ) Tj ET Q q 0 0 0 rg BT 176.90 313.50 Td (usage-based ) Tj ET Q q 0 0 0 rg BT 228.27 313.50 Td (services.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 289.50 Td (Pro ) Tj ET Q q 0 0 0 rg BT 76.00 289.50 Td (Forma ) Tj ET Q q 0 0 0 rg BT 106.84 289.50 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 265.50 Td (On ) Tj ET Q q 0 0 0 rg BT 82.46 265.50 Td (an ) Tj ET Q q 0 0 0 rg BT 94.65 265.50 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 136.82 265.50 Td (pro ) Tj ET Q q 0 0 0 rg BT 152.90 265.50 Td (forma ) Tj ET Q q 0 0 0 rg BT 179.52 265.50 Td (basis ) Tj ET Q q 0 0 0 rg BT 202.26 265.50 Td (that ) Tj ET Q q 0 0 0 rg BT 220.00 265.50 Td (gives ) Tj ET Q q 0 0 0 rg BT 243.85 265.50 Td (ef) Tj ET Q q 0 0 0 rg BT 251.44 265.50 Td (fect ) Tj ET Q q 0 0 0 rg BT 269.17 265.50 Td (to ) Tj ET Q q 0 0 0 rg BT 279.69 265.50 Td (the ) Tj ET Q q 0 0 0 rg BT 294.65 265.50 Td (formation ) Tj ET Q q 0 0 0 rg BT 336.82 265.50 Td (of ) Tj ET Q q 0 0 0 rg BT 347.90 265.50 Td (the ) Tj ET Q q 0 0 0 rg BT 362.66 265.50 Td (V) Tj ET Q q 0 0 0 rg BT 368.59 265.50 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 427.43 265.50 Td (JV) Tj ET Q q 0 0 0 rg BT 438.36 265.50 Td ( ) Tj ET Q q 0 0 0 rg BT 441.10 265.50 Td (as ) Tj ET Q q 0 0 0 rg BT 452.18 265.50 Td (if ) Tj ET Q q 0 0 0 rg BT 461.03 265.50 Td (it ) Tj ET Q q 0 0 0 rg BT 469.33 265.50 Td (had ) Tj ET Q q 0 0 0 rg BT 486.51 265.50 Td (been ) Tj ET Q q 0 0 0 rg BT 508.13 265.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 552.52 265.50 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.50 Td (January ) Tj ET Q q 0 0 0 rg BT 83.63 253.50 Td (1, ) Tj ET Q q 0 0 0 rg BT 94.16 253.50 Td (2015, ) Tj ET Q q 0 0 0 rg BT 119.69 253.50 Td (our ) Tj ET Q q 0 0 0 rg BT 136.05 253.50 Td (2016 ) Tj ET Q q 0 0 0 rg BT 159.08 253.50 Td (revenue ) Tj ET Q q 0 0 0 rg BT 193.76 253.50 Td (and ) Tj ET Q q 0 0 0 rg BT 211.23 253.50 Td (net ) Tj ET Q q 0 0 0 rg BT 226.48 253.50 Td (loss ) Tj ET Q q 0 0 0 rg BT 245.07 253.50 Td (would ) Tj ET Q q 0 0 0 rg BT 273.10 253.50 Td (have ) Tj ET Q q 0 0 0 rg BT 295.01 253.50 Td (been ) Tj ET Q q 0 0 0 rg BT 316.92 253.50 Td (4,172.9 ) Tj ET Q q 0 0 0 rg BT 354.95 253.50 Td (million ) Tj ET Q q 0 0 0 rg BT 386.87 253.50 Td (and ) Tj ET Q q 0 0 0 rg BT 404.34 253.50 Td (377.2 ) Tj ET Q q 0 0 0 rg BT 434.88 253.50 Td (million, ) Tj ET Q q 0 0 0 rg BT 469.30 253.50 Td (respectively) Tj ET Q q 0 0 0 rg BT 516.96 253.50 Td (. ) Tj ET Q q 0 0 0 rg BT 522.27 253.50 Td (These ) Tj ET Q q 0 0 0 rg BT 549.18 253.50 Td (pro ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.50 Td (forma ) Tj ET Q q 0 0 0 rg BT 75.71 241.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 111.93 241.50 Td (are ) Tj ET Q q 0 0 0 rg BT 126.47 241.50 Td (not ) Tj ET Q q 0 0 0 rg BT 141.58 241.50 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 188.33 241.50 Td (indicative ) Tj ET Q q 0 0 0 rg BT 230.09 241.50 Td (of ) Tj ET Q q 0 0 0 rg BT 240.75 241.50 Td (the ) Tj ET Q q 0 0 0 rg BT 255.30 241.50 Td (operating ) Tj ET Q q 0 0 0 rg BT 295.40 241.50 Td (results ) Tj ET Q q 0 0 0 rg BT 323.84 241.50 Td (that ) Tj ET Q q 0 0 0 rg BT 341.16 241.50 Td (would ) Tj ET Q q 0 0 0 rg BT 368.49 241.50 Td (have ) Tj ET Q q 0 0 0 rg BT 389.70 241.50 Td (occurred ) Tj ET Q q 0 0 0 rg BT 427.01 241.50 Td (if ) Tj ET Q q 0 0 0 rg BT 435.45 241.50 Td (this ) Tj ET Q q 0 0 0 rg BT 452.23 241.50 Td (transaction ) Tj ET Q q 0 0 0 rg BT 498.43 241.50 Td (had ) Tj ET Q q 0 0 0 rg BT 515.20 241.50 Td (occurred ) Tj ET Q q 0 0 0 rg BT 552.51 241.50 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.50 Td (such ) Tj ET Q q 0 0 0 rg BT 70.33 229.50 Td (date. ) Tj ET Q q 0 0 0 rg BT 91.80 229.50 Td (The ) Tj ET Q q 0 0 0 rg BT 109.85 229.50 Td (pro ) Tj ET Q q 0 0 0 rg BT 125.68 229.50 Td (forma ) Tj ET Q q 0 0 0 rg BT 152.06 229.50 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 202.33 229.50 Td (are ) Tj ET Q q 0 0 0 rg BT 217.04 229.50 Td (based ) Tj ET Q q 0 0 0 rg BT 242.31 229.50 Td (on ) Tj ET Q q 0 0 0 rg BT 254.81 229.50 Td (certain ) Tj ET Q q 0 0 0 rg BT 284.51 229.50 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 336.46 229.50 Td (that ) Tj ET Q q 0 0 0 rg BT 353.95 229.50 Td (we ) Tj ET Q q 0 0 0 rg BT 368.11 229.50 Td (believe ) Tj ET Q q 0 0 0 rg BT 399.49 229.50 Td (are ) Tj ET Q q 0 0 0 rg BT 414.19 229.50 Td (reasonable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 205.50 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.54 205.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 138.57 205.50 Td (statement ) Tj ET Q q 0 0 0 rg BT 179.38 205.50 Td (of ) Tj ET Q q 0 0 0 rg BT 190.20 205.50 Td (operations ) Tj ET Q q 0 0 0 rg BT 234.34 205.50 Td (for ) Tj ET Q q 0 0 0 rg BT 248.49 205.50 Td (2016 ) Tj ET Q q 0 0 0 rg BT 270.97 205.50 Td (does ) Tj ET Q q 0 0 0 rg BT 291.79 205.50 Td (not ) Tj ET Q q 0 0 0 rg BT 307.06 205.50 Td (include ) Tj ET Q q 0 0 0 rg BT 338.98 205.50 Td (revenue ) Tj ET Q q 0 0 0 rg BT 373.11 205.50 Td (or ) Tj ET Q q 0 0 0 rg BT 383.93 205.50 Td (net ) Tj ET Q q 0 0 0 rg BT 398.64 205.50 Td (loss ) Tj ET Q q 0 0 0 rg BT 416.68 205.50 Td (attributable ) Tj ET Q q 0 0 0 rg BT 464.71 205.50 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.80 205.50 Td (V) Tj ET Q q 0 0 0 rg BT 480.73 205.50 Td (odafone ) Tj ET Q q 0 0 0 rg BT 515.42 205.50 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.38 205.50 Td ( ) Tj ET Q q 0 0 0 rg BT 530.87 205.50 Td (as ) Tj ET Q q 0 0 0 rg BT 541.69 205.50 Td (it ) Tj ET Q q 0 0 0 rg BT 549.73 205.50 Td (did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.50 Td (not ) Tj ET Q q 0 0 0 rg BT 64.78 193.50 Td (become ) Tj ET Q q 0 0 0 rg BT 98.37 193.50 Td (a ) Tj ET Q q 0 0 0 rg BT 105.31 193.50 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 165.58 193.50 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 209.19 193.50 Td (until ) Tj ET Q q 0 0 0 rg BT 230.02 193.50 Td (December ) Tj ET Q q 0 0 0 rg BT 273.61 193.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 288.61 193.50 Td (2016.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 169.50 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 169.50 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 169.50 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 167.93505859375 m 175.650390625 167.93505859375 l s q 0 0 0 rg BT 76.50 169.50 Td (Derivative Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 145.50 Td (In ) Tj ET Q q 0 0 0 rg BT 77.99 145.50 Td (general, ) Tj ET Q q 0 0 0 rg BT 112.08 145.50 Td (we ) Tj ET Q q 0 0 0 rg BT 125.90 145.50 Td (seek ) Tj ET Q q 0 0 0 rg BT 145.83 145.50 Td (to ) Tj ET Q q 0 0 0 rg BT 155.78 145.50 Td (enter ) Tj ET Q q 0 0 0 rg BT 177.92 145.50 Td (into ) Tj ET Q q 0 0 0 rg BT 195.64 145.50 Td (derivative ) Tj ET Q q 0 0 0 rg BT 237.79 145.50 Td (instruments ) Tj ET Q q 0 0 0 rg BT 286.62 145.50 Td (to ) Tj ET Q q 0 0 0 rg BT 296.56 145.50 Td (protect ) Tj ET Q q 0 0 0 rg BT 326.48 145.50 Td (against ) Tj ET Q q 0 0 0 rg BT 356.97 145.50 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 368.57 145.50 Td (increases ) Tj ET Q q 0 0 0 rg BT 407.38 145.50 Td (in ) Tj ET Q q 0 0 0 rg BT 417.32 145.50 Td (the ) Tj ET Q q 0 0 0 rg BT 431.70 145.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 463.30 145.50 Td (rates ) Tj ET Q q 0 0 0 rg BT 484.34 145.50 Td (on ) Tj ET Q q 0 0 0 rg BT 496.50 145.50 Td (our ) Tj ET Q q 0 0 0 rg BT 512.00 145.50 Td (variable-rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.50 Td (debt ) Tj ET Q q 0 0 0 rg BT 68.93 133.50 Td (and ) Tj ET Q q 0 0 0 rg BT 85.58 133.50 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 100.02 133.50 Td (foreign ) Tj ET Q q 0 0 0 rg BT 131.11 133.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 168.30 133.50 Td (movements ) Tj ET Q q 0 0 0 rg BT 216.61 133.50 Td (with ) Tj ET Q q 0 0 0 rg BT 236.61 133.50 Td (respect ) Tj ET Q q 0 0 0 rg BT 267.14 133.50 Td (to ) Tj ET Q q 0 0 0 rg BT 277.13 133.50 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 324.90 133.50 Td (that ) Tj ET Q q 0 0 0 rg BT 342.10 133.50 Td (are ) Tj ET Q q 0 0 0 rg BT 356.53 133.50 Td (denominated ) Tj ET Q q 0 0 0 rg BT 410.39 133.50 Td (in ) Tj ET Q q 0 0 0 rg BT 420.38 133.50 Td (a ) Tj ET Q q 0 0 0 rg BT 427.04 133.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 464.23 133.50 Td (other ) Tj ET Q q 0 0 0 rg BT 486.99 133.50 Td (than ) Tj ET Q q 0 0 0 rg BT 506.42 133.50 Td (our ) Tj ET Q q 0 0 0 rg BT 521.96 133.50 Td (functional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.50 Td (currency) Tj ET Q q 0 0 0 rg BT 83.83 121.50 Td (. ) Tj ET Q q 0 0 0 rg BT 88.33 121.50 Td (In ) Tj ET Q q 0 0 0 rg BT 98.67 121.50 Td (this ) Tj ET Q q 0 0 0 rg BT 115.12 121.50 Td (regard, ) Tj ET Q q 0 0 0 rg BT 145.16 121.50 Td (we ) Tj ET Q q 0 0 0 rg BT 158.82 121.50 Td (have ) Tj ET Q q 0 0 0 rg BT 179.71 121.50 Td (entered ) Tj ET Q q 0 0 0 rg BT 211.13 121.50 Td (into ) Tj ET Q q 0 0 0 rg BT 228.69 121.50 Td (various ) Tj ET Q q 0 0 0 rg BT 260.14 121.50 Td (derivative ) Tj ET Q q 0 0 0 rg BT 302.12 121.50 Td (instruments ) Tj ET Q q 0 0 0 rg BT 350.79 121.50 Td (to ) Tj ET Q q 0 0 0 rg BT 360.57 121.50 Td (manage ) Tj ET Q q 0 0 0 rg BT 393.67 121.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 425.11 121.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 442.10 121.50 Td (exposure ) Tj ET Q q 0 0 0 rg BT 480.20 121.50 Td (and ) Tj ET Q q 0 0 0 rg BT 496.65 121.50 Td (foreign ) Tj ET Q q 0 0 0 rg BT 527.53 121.50 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.50 Td (exposure ) Tj ET Q q 0 0 0 rg BT 88.10 109.50 Td (with ) Tj ET Q q 0 0 0 rg BT 108.38 109.50 Td (respect ) Tj ET Q q 0 0 0 rg BT 139.19 109.50 Td (to ) Tj ET Q q 0 0 0 rg BT 149.47 109.50 Td (the ) Tj ET Q q 0 0 0 rg BT 164.19 109.50 Td (United ) Tj ET Q q 0 0 0 rg BT 193.90 109.50 Td (States ) Tj ET Q q 0 0 0 rg BT 220.29 109.50 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.62 109.50 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.40 109.50 Td (\) ) Tj ET Q q 0 0 0 rg BT 247.23 109.50 Td (dollar) Tj ET Q q 0 0 0 rg BT 270.01 109.50 Td (. ) Tj ET Q endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 708.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 708.60 Td (following ) Tj ET Q q 0 0 0 rg BT 126.93 708.60 Td (table ) Tj ET Q q 0 0 0 rg BT 148.87 708.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 185.81 708.60 Td (details ) Tj ET Q q 0 0 0 rg BT 214.41 708.60 Td (of ) Tj ET Q q 0 0 0 rg BT 225.24 708.60 Td (the ) Tj ET Q q 0 0 0 rg BT 239.96 708.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 256.33 708.60 Td (values ) Tj ET Q q 0 0 0 rg BT 284.38 708.60 Td (of ) Tj ET Q q 0 0 0 rg BT 295.21 708.60 Td (our ) Tj ET Q q 0 0 0 rg BT 311.04 708.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 353.52 708.60 Td (instrument ) Tj ET Q q 0 0 0 rg BT 398.79 708.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 424.62 708.60 Td (and ) Tj ET Q q 0 0 0 rg BT 441.56 708.60 Td (liabilities: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 653.10 149.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 653.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.00 653.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.00 653.10 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.00 653.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.00 653.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 653.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 653.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 653.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 653.10 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 653.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 653.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 613.10 149.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 613.10 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.00 613.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.00 613.10 61.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.00 613.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.00 613.10 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 613.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 613.10 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 613.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 613.10 61.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 613.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 613.10 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 573.10 149.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 573.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.00 573.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.00 573.10 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.00 573.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.00 573.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 573.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 573.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 573.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 573.10 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 573.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 573.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 533.10 149.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 533.10 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.00 533.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.00 533.10 61.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.00 533.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.00 533.10 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 533.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 533.10 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 533.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 533.10 61.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 533.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 533.10 54.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 683.1 m 255 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255 683.1 m 259 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 683.1 m 320 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 683.1 m 324 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 683.1 m 378 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 683.1 m 439 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 683.1 m 443 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 683.1 m 504 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 683.1 m 508 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 683.1 m 562 683.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 668.1 m 255 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 668.1 m 320 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 668.1 m 378 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 668.1 m 382 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 668.1 m 439 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 668.1 m 504 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 668.1 m 562 668.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 588.1 m 255 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 588.1 m 320 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 588.1 m 255 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 574.1 m 255 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 572.1 m 255 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 588.1 m 320 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 574.1 m 320 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 572.1 m 320 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 588.1 m 378 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 574.1 m 378 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 572.1 m 378 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 588.1 m 439 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 574.1 m 439 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 572.1 m 439 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 588.1 m 504 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 574.1 m 504 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 572.1 m 504 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 588.1 m 562 588.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 574.1 m 562 574.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 572.1 m 562 572.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 508.1 m 255 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 508.1 m 320 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 508.1 m 378 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 508.1 m 439 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 508.1 m 504 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 508.1 m 562 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 508.1 m 255 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 494.1 m 255 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 492.1 m 255 492.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 508.1 m 320 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 494.1 m 320 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259 492.1 m 320 492.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 508.1 m 378 508.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 494.1 m 378 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 492.1 m 378 492.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 494.1 m 439 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 492.1 m 439 492.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 494.1 m 504 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 492.1 m 504 492.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 494.1 m 562 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 492.1 m 562 492.1 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 687.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.20 687.55 Td (December) Tj ET Q q 0 0 0 rg BT 290.09 687.55 Td ( 31, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.20 687.55 Td (December) Tj ET Q q 0 0 0 rg BT 474.09 687.55 Td ( 31, 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 672.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.30 672.55 Td (Curr) Tj ET Q q 0 0 0 rg BT 229.71 672.55 Td (ent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.85 672.55 Td (Long-term\(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.65 672.55 Td (T) Tj ET Q q 0 0 0 rg BT 346.24 672.55 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.30 672.55 Td (Curr) Tj ET Q q 0 0 0 rg BT 413.71 672.55 Td (ent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.85 672.55 Td (Long-term \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.65 672.55 Td (T) Tj ET Q q 0 0 0 rg BT 530.24 672.55 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 359.35 657.55 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 642.77 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 627.77 Td (Cross-currency and interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 617.77 Td (derivative contracts \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 617.77 Td (74.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 617.77 Td (73.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 617.77 Td (147.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 617.77 Td (45.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 617.77 Td (23.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 617.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 617.77 Td (68.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 602.77 Td (Foreign currency forward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 592.77 Td (contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.65 592.77 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 592.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 592.77 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 592.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 592.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 592.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 577.77 Td (T) Tj ET Q q 0 0 0 rg BT 63.26 577.77 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 577.77 Td (74.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 577.77 Td (73.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 577.77 Td (147.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 577.77 Td (45.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 577.77 Td (23.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 577.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 577.77 Td (68.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 562.77 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 547.77 Td (Cross-currency and interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 537.77 Td (derivative contracts \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 537.77 Td (71.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.65 537.77 Td (395.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 537.77 Td (467.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 537.77 Td (65.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 537.77 Td (615.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 537.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 537.77 Td (680.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 522.77 Td (Foreign currency forward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 512.77 Td (contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.15 512.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 512.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 512.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 512.77 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 512.77 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 512.77 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 497.77 Td (T) Tj ET Q q 0 0 0 rg BT 62.91 497.77 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 497.77 Td (71.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.65 497.77 Td (395.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 497.77 Td (467.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 497.77 Td (65.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 497.77 Td (615.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.50 497.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 497.77 Td (681.1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.60 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.60 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 76.50 457.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 94.32 457.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 136.02 457.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 178.26 457.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 203.86 457.60 Td (and ) Tj ET Q q 0 0 0 rg BT 220.56 457.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 260.04 457.60 Td (are ) Tj ET Q q 0 0 0 rg BT 274.52 457.60 Td (included ) Tj ET Q q 0 0 0 rg BT 311.22 457.60 Td (in ) Tj ET Q q 0 0 0 rg BT 321.26 457.60 Td (other ) Tj ET Q q 0 0 0 rg BT 344.07 457.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 372.17 457.60 Td (net,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.89 457.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 457.60 Td (and ) Tj ET Q q 0 0 0 rg BT 405.86 457.60 Td (other ) Tj ET Q q 0 0 0 rg BT 428.67 457.60 Td (long-term ) Tj ET Q q 0 0 0 rg BT 470.37 457.60 Td (liabilities,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.08 457.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.35 457.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 457.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 445.60 Td (in ) Tj ET Q q 0 0 0 rg BT 86.78 445.60 Td (our ) Tj ET Q q 0 0 0 rg BT 102.61 445.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 155.65 445.60 Td (balance ) Tj ET Q q 0 0 0 rg BT 188.68 445.60 Td (sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.60 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 76.50 421.60 Td (W) Tj ET Q q 0 0 0 rg BT 85.14 421.60 Td (e ) Tj ET Q q 0 0 0 rg BT 91.55 421.60 Td (consider ) Tj ET Q q 0 0 0 rg BT 127.40 421.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 152.13 421.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 169.11 421.60 Td (relating ) Tj ET Q q 0 0 0 rg BT 201.62 421.60 Td (to ) Tj ET Q q 0 0 0 rg BT 211.37 421.60 Td (our ) Tj ET Q q 0 0 0 rg BT 226.68 421.60 Td (and ) Tj ET Q q 0 0 0 rg BT 243.09 421.60 Td (our ) Tj ET Q q 0 0 0 rg BT 258.39 421.60 Td (counterparties) Tj ET Q q 0 0 0 rg BT 317.62 421.60 Td ( ) Tj ET Q q 0 0 0 rg BT 319.59 421.60 Td (nonperformance ) Tj ET Q q 0 0 0 rg BT 387.09 421.60 Td (in ) Tj ET Q q 0 0 0 rg BT 396.84 421.60 Td (the ) Tj ET Q q 0 0 0 rg BT 411.03 421.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 426.88 421.60 Td (value ) Tj ET Q q 0 0 0 rg BT 450.50 421.60 Td (assessment ) Tj ET Q q 0 0 0 rg BT 496.92 421.60 Td (of ) Tj ET Q q 0 0 0 rg BT 507.22 421.60 Td (our ) Tj ET Q q 0 0 0 rg BT 522.52 421.60 Td (derivative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 51.92 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 54.34 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 56.77 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 59.19 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 61.61 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 64.03 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 66.45 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 68.88 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 71.30 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 73.72 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 76.14 409.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 127.73 409.60 Td ( ) Tj ET Q q 0 0 0 rg BT 130.15 409.60 Td (In ) Tj ET Q q 0 0 0 rg BT 140.90 409.60 Td (all ) Tj ET Q q 0 0 0 rg BT 153.32 409.60 Td (cases, ) Tj ET Q q 0 0 0 rg BT 179.34 409.60 Td (the ) Tj ET Q q 0 0 0 rg BT 193.98 409.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 244.17 409.60 Td (take ) Tj ET Q q 0 0 0 rg BT 263.25 409.60 Td (into ) Tj ET Q q 0 0 0 rg BT 281.23 409.60 Td (account ) Tj ET Q q 0 0 0 rg BT 314.74 409.60 Td (of) Tj ET Q q 0 0 0 rg BT 322.89 409.60 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 355.31 409.60 Td (liability ) Tj ET Q q 0 0 0 rg BT 388.84 409.60 Td (or ) Tj ET Q q 0 0 0 rg BT 399.59 409.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 421.45 409.60 Td (positions. ) Tj ET Q q 0 0 0 rg BT 462.32 409.60 Td (The ) Tj ET Q q 0 0 0 rg BT 480.29 409.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 514.92 409.60 Td (in ) Tj ET Q q 0 0 0 rg BT 525.12 409.60 Td (the ) Tj ET Q q 0 0 0 rg BT 539.75 409.60 Td (credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 397.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 93.93 397.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 133.58 397.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 183.79 397.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 227.32 397.60 Td (with ) Tj ET Q q 0 0 0 rg BT 247.53 397.60 Td (our ) Tj ET Q q 0 0 0 rg BT 263.29 397.60 Td (cross-currency ) Tj ET Q q 0 0 0 rg BT 324.58 397.60 Td (and ) Tj ET Q q 0 0 0 rg BT 341.46 397.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 373.32 397.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 390.74 397.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 433.16 397.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 471.69 397.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 505.77 397.60 Td (in ) Tj ET Q q 0 0 0 rg BT 515.99 397.60 Td (net ) Tj ET Q q 0 0 0 rg BT 530.64 397.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 554.18 397.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 385.60 Td (0.5 ) Tj ET Q q 0 0 0 rg BT 97.53 385.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.43 385.60 Td ( ) Tj ET Q q 0 0 0 rg BT 129.96 385.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.93 385.60 Td (63.8 ) Tj ET Q q 0 0 0 rg BT 173.97 385.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.86 385.60 Td ( ) Tj ET Q q 0 0 0 rg BT 206.39 385.60 Td (during ) Tj ET Q q 0 0 0 rg BT 236.04 385.60 Td (the ) Tj ET Q q 0 0 0 rg BT 251.79 385.60 Td (years ) Tj ET Q q 0 0 0 rg BT 276.42 385.60 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.83 385.60 Td (December ) Tj ET Q q 0 0 0 rg BT 348.45 385.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 364.48 385.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.48 385.60 Td ( ) Tj ET Q q 0 0 0 rg BT 388.02 385.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.99 385.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.99 385.60 Td (, ) Tj ET Q q 0 0 0 rg BT 432.02 385.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 479.68 385.60 Td (. ) Tj ET Q q 0 0 0 rg BT 485.46 385.60 Td (These ) Tj ET Q q 0 0 0 rg BT 512.87 385.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 550.29 385.60 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 373.60 Td (included ) Tj ET Q q 0 0 0 rg BT 112.45 373.60 Td (in ) Tj ET Q q 0 0 0 rg BT 121.74 373.60 Td (realized ) Tj ET Q q 0 0 0 rg BT 154.89 373.60 Td (and ) Tj ET Q q 0 0 0 rg BT 170.84 373.60 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 214.00 373.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 236.62 373.60 Td (\(losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.17 373.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.68 373.60 Td (on ) Tj ET Q q 0 0 0 rg BT 280.19 373.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 321.69 373.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 372.36 373.60 Td (net, ) Tj ET Q q 0 0 0 rg BT 388.59 373.60 Td (in ) Tj ET Q q 0 0 0 rg BT 397.88 373.60 Td (our ) Tj ET Q q 0 0 0 rg BT 412.73 373.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 464.78 373.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 508.51 373.60 Td (of ) Tj ET Q q 0 0 0 rg BT 518.35 373.60 Td (operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 361.60 Td (For ) Tj ET Q q 0 0 0 rg BT 92.89 361.60 Td (further ) Tj ET Q q 0 0 0 rg BT 122.60 361.60 Td (information ) Tj ET Q q 0 0 0 rg BT 172.31 361.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 213.13 361.60 Td (our ) Tj ET Q q 0 0 0 rg BT 228.96 361.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 245.33 361.60 Td (value ) Tj ET Q q 0 0 0 rg BT 269.49 361.60 Td (measurements, ) Tj ET Q q 0 0 0 rg BT 331.69 361.60 Td (see ) Tj ET Q q 0 0 0 rg BT 346.96 361.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.68 361.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.68 361.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 337.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 337.60 Td (details ) Tj ET Q q 0 0 0 rg BT 114.15 337.60 Td (of ) Tj ET Q q 0 0 0 rg BT 124.98 337.60 Td (our ) Tj ET Q q 0 0 0 rg BT 140.81 337.60 Td (realized ) Tj ET Q q 0 0 0 rg BT 174.95 337.60 Td (and ) Tj ET Q q 0 0 0 rg BT 191.89 337.60 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 236.03 337.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 259.64 337.60 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 292.69 337.60 Td (on ) Tj ET Q q 0 0 0 rg BT 305.19 337.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 347.67 337.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 399.34 337.60 Td (net, ) Tj ET Q q 0 0 0 rg BT 416.55 337.60 Td (are ) Tj ET Q q 0 0 0 rg BT 431.26 337.60 Td (as ) Tj ET Q q 0 0 0 rg BT 442.09 337.60 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 237.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 237.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 237.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 237.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 237.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 237.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 237.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 207.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 207.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 207.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 207.10 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 327.1 m 500 312.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 312.1 m 500 297.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 282.1 m 433 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 282.1 m 437 282.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 297.1 m 500 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 282.1 m 563 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 282.1 m 433 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 267.1 m 433 267.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 282.1 m 437 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 282.1 m 496 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 267.1 m 496 267.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 282.1 m 500 267.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 282.1 m 563 282.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 267.1 m 563 267.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 267.1 m 500 252.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 267.1 m 563 267.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 252.10000000000002 m 500 237.10000000000002 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 237.10000000000002 m 500 222.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 207.10000000000002 m 433 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 207.10000000000002 m 496 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 222.10000000000002 m 500 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 207.10000000000002 m 563 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 207.10000000000002 m 433 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 193.10000000000002 m 433 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 191.10000000000002 m 433 191.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 207.10000000000002 m 496 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 193.10000000000002 m 496 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 191.10000000000002 m 496 191.10000000000002 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 500 207.10000000000002 m 500 192.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 207.10000000000002 m 563 207.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 193.10000000000002 m 563 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 191.10000000000002 m 563 191.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.80 316.55 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.15 316.55 Td (Pr) Tj ET Q q 0 0 0 rg BT 519.56 316.55 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.95 301.55 Td (Y) Tj ET Q q 0 0 0 rg BT 418.95 301.55 Td (ear) Tj ET Q q 0 0 0 rg BT 430.86 301.55 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.45 301.55 Td (Y) Tj ET Q q 0 0 0 rg BT 517.45 301.55 Td (ear) Tj ET Q q 0 0 0 rg BT 529.36 301.55 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.30 286.55 Td (December) Tj ET Q q 0 0 0 rg BT 447.19 286.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.80 286.55 Td (December) Tj ET Q q 0 0 0 rg BT 545.69 286.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 271.55 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.00 271.55 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 271.55 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.35 256.55 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.85 256.55 Td (in millions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 241.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 226.77 Td (Cross-currency and interest rate derivative contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 226.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 226.77 Td (292.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.50 226.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 226.82 Td (\(635.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 226.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 226.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 226.82 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 226.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 211.77 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 211.77 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 211.82 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 211.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 211.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 196.77 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 196.77 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 196.77 Td (295.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.50 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 196.82 Td (\(637.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 196.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 196.82 Td (\(134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 196.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 708.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.15 708.60 Td (net ) Tj ET Q q 0 0 0 rg BT 99.46 708.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 119.33 708.60 Td (received ) Tj ET Q q 0 0 0 rg BT 155.29 708.60 Td (or ) Tj ET Q q 0 0 0 rg BT 165.72 708.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 185.04 708.60 Td (related ) Tj ET Q q 0 0 0 rg BT 214.34 708.60 Td (to ) Tj ET Q q 0 0 0 rg BT 224.22 708.60 Td (our ) Tj ET Q q 0 0 0 rg BT 239.65 708.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 281.73 708.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 330.49 708.60 Td (is ) Tj ET Q q 0 0 0 rg BT 339.26 708.60 Td (classified ) Tj ET Q q 0 0 0 rg BT 379.13 708.60 Td (as ) Tj ET Q q 0 0 0 rg BT 389.56 708.60 Td (an ) Tj ET Q q 0 0 0 rg BT 401.09 708.60 Td (operating, ) Tj ET Q q 0 0 0 rg BT 443.46 708.60 Td (investing ) Tj ET Q q 0 0 0 rg BT 482.22 708.60 Td (or ) Tj ET Q q 0 0 0 rg BT 492.65 708.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 532.51 708.60 Td (activity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.60 Td (in ) Tj ET Q q 0 0 0 rg BT 60.75 696.60 Td (our ) Tj ET Q q 0 0 0 rg BT 77.55 696.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 131.56 696.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 177.24 696.60 Td (of ) Tj ET Q q 0 0 0 rg BT 189.04 696.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 210.28 696.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 235.97 696.60 Td (based ) Tj ET Q q 0 0 0 rg BT 262.21 696.60 Td (on ) Tj ET Q q 0 0 0 rg BT 275.67 696.60 Td (the ) Tj ET Q q 0 0 0 rg BT 291.36 696.60 Td (objective ) Tj ET Q q 0 0 0 rg BT 331.48 696.60 Td (of ) Tj ET Q q 0 0 0 rg BT 343.28 696.60 Td (the ) Tj ET Q q 0 0 0 rg BT 358.97 696.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 402.42 696.60 Td (instrument ) Tj ET Q q 0 0 0 rg BT 448.66 696.60 Td (and ) Tj ET Q q 0 0 0 rg BT 466.57 696.60 Td (the ) Tj ET Q q 0 0 0 rg BT 482.25 696.60 Td (classification ) Tj ET Q q 0 0 0 rg BT 538.48 696.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 696.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 684.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 93.58 684.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 139.90 684.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 160.65 684.60 Td (flows. ) Tj ET Q q 0 0 0 rg BT 188.37 684.60 Td (For ) Tj ET Q q 0 0 0 rg BT 205.25 684.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 248.22 684.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 287.31 684.60 Td (that ) Tj ET Q q 0 0 0 rg BT 305.29 684.60 Td (are ) Tj ET Q q 0 0 0 rg BT 320.49 684.60 Td (terminated ) Tj ET Q q 0 0 0 rg BT 366.24 684.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 388.67 684.60 Td (to ) Tj ET Q q 0 0 0 rg BT 399.44 684.60 Td (maturity) Tj ET Q q 0 0 0 rg BT 432.67 684.60 Td (, ) Tj ET Q q 0 0 0 rg BT 438.16 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 453.37 684.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 474.13 684.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 494.33 684.60 Td (or ) Tj ET Q q 0 0 0 rg BT 505.65 684.60 Td (received ) Tj ET Q q 0 0 0 rg BT 542.51 684.60 Td (upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 672.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 97.66 672.60 Td (that ) Tj ET Q q 0 0 0 rg BT 114.72 672.60 Td (relates ) Tj ET Q q 0 0 0 rg BT 142.88 672.60 Td (to ) Tj ET Q q 0 0 0 rg BT 152.73 672.60 Td (future ) Tj ET Q q 0 0 0 rg BT 178.67 672.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 210.17 672.60 Td (is ) Tj ET Q q 0 0 0 rg BT 218.91 672.60 Td (classified ) Tj ET Q q 0 0 0 rg BT 258.74 672.60 Td (as ) Tj ET Q q 0 0 0 rg BT 269.13 672.60 Td (a ) Tj ET Q q 0 0 0 rg BT 275.64 672.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 315.47 672.60 Td (activity) Tj ET Q q 0 0 0 rg BT 344.81 672.60 Td (. ) Tj ET Q q 0 0 0 rg BT 349.22 672.60 Td (The ) Tj ET Q q 0 0 0 rg BT 366.84 672.60 Td (classification ) Tj ET Q q 0 0 0 rg BT 421.66 672.60 Td (of ) Tj ET Q q 0 0 0 rg BT 432.06 672.60 Td (these ) Tj ET Q q 0 0 0 rg BT 454.67 672.60 Td (net ) Tj ET Q q 0 0 0 rg BT 468.95 672.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 488.78 672.60 Td (inflows ) Tj ET Q q 0 0 0 rg BT 520.85 672.60 Td (\(outflows\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.60 Td (is ) Tj ET Q q 0 0 0 rg BT 58.67 660.60 Td (as ) Tj ET Q q 0 0 0 rg BT 69.50 660.60 Td (follows:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 590.10 324.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 373.00 590.10 122.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 495.00 590.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 499.00 590.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 503.00 590.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 560.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 560.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 560.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 560.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 560.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 560.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 560.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 530.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 530.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 530.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 530.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 530.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 530.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 530.10 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 650.1 m 499 635.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 635.1 m 499 620.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 605.1 m 432 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 605.1 m 495 605.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 620.1 m 499 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 605.1 m 562 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 605.1 m 432 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 590.1 m 432 590.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 605.1 m 436 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 605.1 m 495 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 590.1 m 495 590.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 605.1 m 499 590.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 605.1 m 562 605.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 590.1 m 562 590.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 590.1 m 499 575.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 575.1 m 499 560.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 560.1 m 499 545.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 530.1 m 432 530.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 530.1 m 495 530.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 545.1 m 499 530.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 530.1 m 562 530.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 516.1 m 432 516.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 514.1 m 432 514.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 530.1 m 495 530.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 516.1 m 495 516.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 514.1 m 495 514.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 499 530.1 m 499 515.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 530.1 m 562 530.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 516.1 m 562 516.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 514.1 m 562 514.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.80 639.55 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.15 639.55 Td (Pr) Tj ET Q q 0 0 0 rg BT 518.56 639.55 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.95 624.55 Td (Y) Tj ET Q q 0 0 0 rg BT 417.95 624.55 Td (ear) Tj ET Q q 0 0 0 rg BT 429.86 624.55 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.45 624.55 Td (Y) Tj ET Q q 0 0 0 rg BT 516.45 624.55 Td (ear) Tj ET Q q 0 0 0 rg BT 528.36 624.55 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.30 609.55 Td (December) Tj ET Q q 0 0 0 rg BT 446.19 609.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.80 609.55 Td (December) Tj ET Q q 0 0 0 rg BT 544.69 609.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 594.55 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.00 594.55 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.00 594.55 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.35 579.55 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.85 579.55 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 549.77 Td (Operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 549.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 549.77 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 549.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 549.82 Td (\(18.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 549.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 549.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 549.82 Td (\(58.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 549.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 534.77 Td (Financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 534.77 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 534.82 Td (\(158.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 534.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 519.77 Td (T) Tj ET Q q 0 0 0 rg BT 68.91 519.77 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 519.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 519.77 Td (2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 519.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 519.82 Td (\(177.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 519.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 519.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 519.82 Td (\(58.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 519.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 491.60 Td (Counterparty ) Tj ET Q q 0 0 0 rg BT 116.01 491.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 144.07 491.60 Td (Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 467.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 467.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.72 467.60 Td (are ) Tj ET Q q 0 0 0 rg BT 99.07 467.60 Td (exposed ) Tj ET Q q 0 0 0 rg BT 134.98 467.60 Td (to ) Tj ET Q q 0 0 0 rg BT 145.90 467.60 Td (the ) Tj ET Q q 0 0 0 rg BT 161.26 467.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 179.40 467.60 Td (that ) Tj ET Q q 0 0 0 rg BT 197.54 467.60 Td (the ) Tj ET Q q 0 0 0 rg BT 212.90 467.60 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 272.68 467.60 Td (to ) Tj ET Q q 0 0 0 rg BT 283.60 467.60 Td (our ) Tj ET Q q 0 0 0 rg BT 300.07 467.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 343.19 467.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 393.00 467.60 Td (will ) Tj ET Q q 0 0 0 rg BT 411.70 467.60 Td (default ) Tj ET Q q 0 0 0 rg BT 442.60 467.60 Td (on ) Tj ET Q q 0 0 0 rg BT 455.75 467.60 Td (their ) Tj ET Q q 0 0 0 rg BT 477.21 467.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 524.80 467.60 Td (to ) Tj ET Q q 0 0 0 rg BT 535.72 467.60 Td (us.) Tj ET Q q 0 0 0 rg BT 549.43 467.60 Td (W) Tj ET Q q 0 0 0 rg BT 558.07 467.60 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.60 Td (manage ) Tj ET Q q 0 0 0 rg BT 83.85 455.60 Td (these ) Tj ET Q q 0 0 0 rg BT 107.66 455.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 133.69 455.60 Td (risks ) Tj ET Q q 0 0 0 rg BT 155.84 455.60 Td (through ) Tj ET Q q 0 0 0 rg BT 190.21 455.60 Td (the ) Tj ET Q q 0 0 0 rg BT 205.69 455.60 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 250.60 455.60 Td (and ) Tj ET Q q 0 0 0 rg BT 268.30 455.60 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 316.00 455.60 Td (of ) Tj ET Q q 0 0 0 rg BT 327.59 455.60 Td (the ) Tj ET Q q 0 0 0 rg BT 343.07 455.60 Td (creditworthiness ) Tj ET Q q 0 0 0 rg BT 412.42 455.60 Td (of ) Tj ET Q q 0 0 0 rg BT 424.01 455.60 Td (and ) Tj ET Q q 0 0 0 rg BT 441.71 455.60 Td (concentration ) Tj ET Q q 0 0 0 rg BT 499.39 455.60 Td (of ) Tj ET Q q 0 0 0 rg BT 510.98 455.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 529.24 455.60 Td (with ) Tj ET Q q 0 0 0 rg BT 550.28 455.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 92.57 443.60 Td (counterparties. ) Tj ET Q q 0 0 0 rg BT 154.25 443.60 Td (In ) Tj ET Q q 0 0 0 rg BT 165.12 443.60 Td (this ) Tj ET Q q 0 0 0 rg BT 182.11 443.60 Td (regard, ) Tj ET Q q 0 0 0 rg BT 212.69 443.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 238.00 443.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 255.54 443.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 299.17 443.60 Td (with ) Tj ET Q q 0 0 0 rg BT 319.49 443.60 Td (our ) Tj ET Q q 0 0 0 rg BT 335.36 443.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 377.88 443.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 427.09 443.60 Td (is ) Tj ET Q q 0 0 0 rg BT 436.30 443.60 Td (spread ) Tj ET Q q 0 0 0 rg BT 464.94 443.60 Td (across ) Tj ET Q q 0 0 0 rg BT 492.47 443.60 Td (a ) Tj ET Q q 0 0 0 rg BT 499.45 443.60 Td (relatively ) Tj ET Q q 0 0 0 rg BT 539.74 443.60 Td (broad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 103.86 431.60 Td (base ) Tj ET Q q 0 0 0 rg BT 125.46 431.60 Td (of ) Tj ET Q q 0 0 0 rg BT 137.62 431.60 Td (banks ) Tj ET Q q 0 0 0 rg BT 164.78 431.60 Td (and ) Tj ET Q q 0 0 0 rg BT 183.04 431.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 221.85 431.60 Td (institutions. ) Tj ET Q q 0 0 0 rg BT 272.63 431.60 Td (Collateral ) Tj ET Q q 0 0 0 rg BT 315.89 431.60 Td (is ) Tj ET Q q 0 0 0 rg BT 326.39 431.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 367.42 431.60 Td (not ) Tj ET Q q 0 0 0 rg BT 384.03 431.60 Td (posted ) Tj ET Q q 0 0 0 rg BT 413.96 431.60 Td (by ) Tj ET Q q 0 0 0 rg BT 427.79 431.60 Td (either ) Tj ET Q q 0 0 0 rg BT 454.38 431.60 Td (party ) Tj ET Q q 0 0 0 rg BT 478.76 431.60 Td (under ) Tj ET Q q 0 0 0 rg BT 505.36 431.60 Td (our ) Tj ET Q q 0 0 0 rg BT 522.52 431.60 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 100.08 419.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.89 419.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 169.78 419.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.78 419.60 Td (, ) Tj ET Q q 0 0 0 rg BT 194.10 419.60 Td (our ) Tj ET Q q 0 0 0 rg BT 209.24 419.60 Td (exposure ) Tj ET Q q 0 0 0 rg BT 247.15 419.60 Td (to ) Tj ET Q q 0 0 0 rg BT 256.74 419.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 309.08 419.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 333.66 419.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 350.47 419.60 Td (included ) Tj ET Q q 0 0 0 rg BT 386.71 419.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 428.50 419.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 453.65 419.60 Td (with ) Tj ET Q q 0 0 0 rg BT 473.24 419.60 Td (an ) Tj ET Q q 0 0 0 rg BT 484.49 419.60 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 525.16 419.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 540.85 419.60 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 407.60 Td (9.5million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 383.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 383.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.98 383.60 Td (have ) Tj ET Q q 0 0 0 rg BT 106.25 383.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 139.08 383.60 Td (into ) Tj ET Q q 0 0 0 rg BT 158.03 383.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 201.41 383.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 251.48 383.60 Td (under ) Tj ET Q q 0 0 0 rg BT 277.65 383.60 Td (master ) Tj ET Q q 0 0 0 rg BT 307.70 383.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 356.63 383.60 Td (with ) Tj ET Q q 0 0 0 rg BT 377.81 383.60 Td (each ) Tj ET Q q 0 0 0 rg BT 399.53 383.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 453.46 383.60 Td (that ) Tj ET Q q 0 0 0 rg BT 471.85 383.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 504.69 383.60 Td (master ) Tj ET Q q 0 0 0 rg BT 534.74 383.60 Td (netting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 105.48 371.60 Td (that ) Tj ET Q q 0 0 0 rg BT 122.60 371.60 Td (are ) Tj ET Q q 0 0 0 rg BT 136.93 371.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 180.14 371.60 Td (in ) Tj ET Q q 0 0 0 rg BT 190.03 371.60 Td (the ) Tj ET Q q 0 0 0 rg BT 204.37 371.60 Td (event ) Tj ET Q q 0 0 0 rg BT 228.15 371.60 Td (of ) Tj ET Q q 0 0 0 rg BT 238.60 371.60 Td (early ) Tj ET Q q 0 0 0 rg BT 260.70 371.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 308.92 371.60 Td (by ) Tj ET Q q 0 0 0 rg BT 321.04 371.60 Td (either ) Tj ET Q q 0 0 0 rg BT 345.93 371.60 Td (party ) Tj ET Q q 0 0 0 rg BT 368.60 371.60 Td (to ) Tj ET Q q 0 0 0 rg BT 378.50 371.60 Td (such ) Tj ET Q q 0 0 0 rg BT 398.95 371.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 441.05 371.60 Td (instrument. ) Tj ET Q q 0 0 0 rg BT 488.29 371.60 Td (The ) Tj ET Q q 0 0 0 rg BT 505.96 371.60 Td (master ) Tj ET Q q 0 0 0 rg BT 534.73 371.60 Td (netting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 106.39 359.60 Td (under ) Tj ET Q q 0 0 0 rg BT 132.19 359.60 Td (each ) Tj ET Q q 0 0 0 rg BT 153.54 359.60 Td (of ) Tj ET Q q 0 0 0 rg BT 164.90 359.60 Td (these ) Tj ET Q q 0 0 0 rg BT 188.48 359.60 Td (master ) Tj ET Q q 0 0 0 rg BT 218.17 359.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 266.73 359.60 Td (are ) Tj ET Q q 0 0 0 rg BT 281.97 359.60 Td (limited ) Tj ET Q q 0 0 0 rg BT 313.33 359.60 Td (to ) Tj ET Q q 0 0 0 rg BT 324.14 359.60 Td (the ) Tj ET Q q 0 0 0 rg BT 339.39 359.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 382.40 359.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 432.09 359.60 Td (governed ) Tj ET Q q 0 0 0 rg BT 472.33 359.60 Td (by ) Tj ET Q q 0 0 0 rg BT 485.36 359.60 Td (the ) Tj ET Q q 0 0 0 rg BT 500.61 359.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 535.85 359.60 Td (master ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 93.64 347.60 Td (and ) Tj ET Q q 0 0 0 rg BT 110.58 347.60 Td (are ) Tj ET Q q 0 0 0 rg BT 125.29 347.60 Td (independent ) Tj ET Q q 0 0 0 rg BT 176.66 347.60 Td (of ) Tj ET Q q 0 0 0 rg BT 187.49 347.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 217.76 347.60 Td (arrangements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 323.60 Td (Under ) Tj ET Q q 0 0 0 rg BT 95.60 323.60 Td (our ) Tj ET Q q 0 0 0 rg BT 112.04 323.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 155.14 323.60 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 196.84 323.60 Td (it ) Tj ET Q q 0 0 0 rg BT 205.51 323.60 Td (is ) Tj ET Q q 0 0 0 rg BT 215.29 323.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 255.61 323.60 Td (only ) Tj ET Q q 0 0 0 rg BT 276.50 323.60 Td (the ) Tj ET Q q 0 0 0 rg BT 291.82 323.60 Td (non-defaulting ) Tj ET Q q 0 0 0 rg BT 353.81 323.60 Td (party ) Tj ET Q q 0 0 0 rg BT 377.47 323.60 Td (that ) Tj ET Q q 0 0 0 rg BT 395.57 323.60 Td (has ) Tj ET Q q 0 0 0 rg BT 412.02 323.60 Td (a ) Tj ET Q q 0 0 0 rg BT 419.57 323.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 467.10 323.60 Td (option ) Tj ET Q q 0 0 0 rg BT 495.77 323.60 Td (to ) Tj ET Q q 0 0 0 rg BT 506.66 323.60 Td (exercise ) Tj ET Q q 0 0 0 rg BT 542.52 323.60 Td (early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 97.58 311.60 Td (rights ) Tj ET Q q 0 0 0 rg BT 122.35 311.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 144.33 311.60 Td (the ) Tj ET Q q 0 0 0 rg BT 158.53 311.60 Td (default ) Tj ET Q q 0 0 0 rg BT 188.28 311.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.60 311.60 Td (the ) Tj ET Q q 0 0 0 rg BT 212.80 311.60 Td (other ) Tj ET Q q 0 0 0 rg BT 235.33 311.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 287.85 311.60 Td (and ) Tj ET Q q 0 0 0 rg BT 304.27 311.60 Td (to ) Tj ET Q q 0 0 0 rg BT 314.03 311.60 Td (set ) Tj ET Q q 0 0 0 rg BT 327.13 311.60 Td (of) Tj ET Q q 0 0 0 rg BT 335.28 311.60 Td (f ) Tj ET Q q 0 0 0 rg BT 340.59 311.60 Td (other ) Tj ET Q q 0 0 0 rg BT 363.12 311.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 402.32 311.60 Td (against ) Tj ET Q q 0 0 0 rg BT 432.63 311.60 Td (sums ) Tj ET Q q 0 0 0 rg BT 455.18 311.60 Td (due ) Tj ET Q q 0 0 0 rg BT 471.60 311.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 493.59 311.60 Td (such ) Tj ET Q q 0 0 0 rg BT 513.90 311.60 Td (termination. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.60 Td (However) Tj ET Q q 0 0 0 rg BT 85.75 299.60 Td (, ) Tj ET Q q 0 0 0 rg BT 90.85 299.60 Td (in ) Tj ET Q q 0 0 0 rg BT 101.22 299.60 Td (an ) Tj ET Q q 0 0 0 rg BT 113.25 299.60 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 159.17 299.60 Td (of ) Tj ET Q q 0 0 0 rg BT 170.10 299.60 Td (a ) Tj ET Q q 0 0 0 rg BT 177.13 299.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 219.71 299.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 269.59 299.60 Td (, ) Tj ET Q q 0 0 0 rg BT 274.69 299.60 Td (under ) Tj ET Q q 0 0 0 rg BT 300.05 299.60 Td (the ) Tj ET Q q 0 0 0 rg BT 314.86 299.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 335.79 299.60 Td (of ) Tj ET Q q 0 0 0 rg BT 346.71 299.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 376.51 299.60 Td (jurisdictions, ) Tj ET Q q 0 0 0 rg BT 431.05 299.60 Td (the ) Tj ET Q q 0 0 0 rg BT 445.86 299.60 Td (defaulting ) Tj ET Q q 0 0 0 rg BT 489.00 299.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 542.12 299.60 Td (or ) Tj ET Q q 0 0 0 rg BT 553.05 299.60 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.60 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 94.82 287.60 Td (representatives ) Tj ET Q q 0 0 0 rg BT 156.79 287.60 Td (may ) Tj ET Q q 0 0 0 rg BT 176.01 287.60 Td (be ) Tj ET Q q 0 0 0 rg BT 187.45 287.60 Td (able ) Tj ET Q q 0 0 0 rg BT 206.10 287.60 Td (to ) Tj ET Q q 0 0 0 rg BT 215.88 287.60 Td (compel ) Tj ET Q q 0 0 0 rg BT 247.31 287.60 Td (the ) Tj ET Q q 0 0 0 rg BT 261.52 287.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 309.62 287.60 Td (of ) Tj ET Q q 0 0 0 rg BT 319.95 287.60 Td (one ) Tj ET Q q 0 0 0 rg BT 336.39 287.60 Td (or ) Tj ET Q q 0 0 0 rg BT 346.71 287.60 Td (more ) Tj ET Q q 0 0 0 rg BT 369.26 287.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 411.24 287.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 449.33 287.60 Td (and ) Tj ET Q q 0 0 0 rg BT 465.77 287.60 Td (trigger ) Tj ET Q q 0 0 0 rg BT 494.42 287.60 Td (early ) Tj ET Q q 0 0 0 rg BT 516.41 287.60 Td (termination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 86.80 275.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 126.88 275.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 160.84 275.60 Td (by ) Tj ET Q q 0 0 0 rg BT 173.71 275.60 Td (us, ) Tj ET Q q 0 0 0 rg BT 187.97 275.60 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 229.14 275.60 Td (any ) Tj ET Q q 0 0 0 rg BT 246.45 275.60 Td (mark-to-market ) Tj ET Q q 0 0 0 rg BT 312.06 275.60 Td (value ) Tj ET Q q 0 0 0 rg BT 336.58 275.60 Td (of ) Tj ET Q q 0 0 0 rg BT 347.78 275.60 Td (the ) Tj ET Q q 0 0 0 rg BT 362.86 275.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 401.82 275.60 Td (for ) Tj ET Q q 0 0 0 rg BT 416.35 275.60 Td (the ) Tj ET Q q 0 0 0 rg BT 431.43 275.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 481.32 275.60 Td (. ) Tj ET Q q 0 0 0 rg BT 486.05 275.60 Td (Alternatively) Tj ET Q q 0 0 0 rg BT 538.16 275.60 Td (, ) Tj ET Q q 0 0 0 rg BT 543.53 275.60 Td (or ) Tj ET Q q 0 0 0 rg BT 554.72 275.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 88.00 263.60 Td (the ) Tj ET Q q 0 0 0 rg BT 103.44 263.60 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 149.99 263.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 171.55 263.60 Td (of ) Tj ET Q q 0 0 0 rg BT 183.10 263.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 213.53 263.60 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 266.20 263.60 Td (may ) Tj ET Q q 0 0 0 rg BT 286.64 263.60 Td (require ) Tj ET Q q 0 0 0 rg BT 318.18 263.60 Td (the ) Tj ET Q q 0 0 0 rg BT 333.62 263.60 Td (mandatory ) Tj ET Q q 0 0 0 rg BT 379.61 263.60 Td (set ) Tj ET Q q 0 0 0 rg BT 393.94 263.60 Td (of) Tj ET Q q 0 0 0 rg BT 402.09 263.60 Td (f ) Tj ET Q q 0 0 0 rg BT 408.65 263.60 Td (of ) Tj ET Q q 0 0 0 rg BT 420.20 263.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 457.31 263.60 Td (due ) Tj ET Q q 0 0 0 rg BT 474.98 263.60 Td (under ) Tj ET Q q 0 0 0 rg BT 500.97 263.60 Td (such ) Tj ET Q q 0 0 0 rg BT 522.53 263.60 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 89.89 251.60 Td (against ) Tj ET Q q 0 0 0 rg BT 122.51 251.60 Td (present ) Tj ET Q q 0 0 0 rg BT 155.68 251.60 Td (and ) Tj ET Q q 0 0 0 rg BT 174.41 251.60 Td (future ) Tj ET Q q 0 0 0 rg BT 202.58 251.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 244.09 251.60 Td (owed ) Tj ET Q q 0 0 0 rg BT 270.04 251.60 Td (to ) Tj ET Q q 0 0 0 rg BT 282.11 251.60 Td (us ) Tj ET Q q 0 0 0 rg BT 295.30 251.60 Td (under ) Tj ET Q q 0 0 0 rg BT 322.36 251.60 Td (other ) Tj ET Q q 0 0 0 rg BT 347.20 251.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 387.59 251.60 Td (between ) Tj ET Q q 0 0 0 rg BT 425.20 251.60 Td (us ) Tj ET Q q 0 0 0 rg BT 438.38 251.60 Td (and ) Tj ET Q q 0 0 0 rg BT 457.11 251.60 Td (the ) Tj ET Q q 0 0 0 rg BT 473.63 251.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 510.12 251.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 560.00 251.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 98.84 239.60 Td (, ) Tj ET Q q 0 0 0 rg BT 103.61 239.60 Td (it ) Tj ET Q q 0 0 0 rg BT 111.43 239.60 Td (is ) Tj ET Q q 0 0 0 rg BT 120.37 239.60 Td (possible ) Tj ET Q q 0 0 0 rg BT 155.42 239.60 Td (that ) Tj ET Q q 0 0 0 rg BT 172.68 239.60 Td (we ) Tj ET Q q 0 0 0 rg BT 186.61 239.60 Td (may ) Tj ET Q q 0 0 0 rg BT 206.10 239.60 Td (be ) Tj ET Q q 0 0 0 rg BT 217.81 239.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 248.40 239.60 Td (to ) Tj ET Q q 0 0 0 rg BT 258.45 239.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 305.16 239.60 Td (to ) Tj ET Q q 0 0 0 rg BT 315.21 239.60 Td (make ) Tj ET Q q 0 0 0 rg BT 339.14 239.60 Td (payments, ) Tj ET Q q 0 0 0 rg BT 382.23 239.60 Td (or ) Tj ET Q q 0 0 0 rg BT 392.83 239.60 Td (may ) Tj ET Q q 0 0 0 rg BT 412.32 239.60 Td (have ) Tj ET Q q 0 0 0 rg BT 433.46 239.60 Td (present ) Tj ET Q q 0 0 0 rg BT 464.61 239.60 Td (or ) Tj ET Q q 0 0 0 rg BT 475.21 239.60 Td (future ) Tj ET Q q 0 0 0 rg BT 501.36 239.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 540.84 239.60 Td (owed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.60 Td (to ) Tj ET Q q 0 0 0 rg BT 58.98 227.60 Td (us ) Tj ET Q q 0 0 0 rg BT 69.57 227.60 Td (partially ) Tj ET Q q 0 0 0 rg BT 104.60 227.60 Td (or ) Tj ET Q q 0 0 0 rg BT 114.63 227.60 Td (fully ) Tj ET Q q 0 0 0 rg BT 135.22 227.60 Td (dischar) Tj ET Q q 0 0 0 rg BT 163.91 227.60 Td (ged ) Tj ET Q q 0 0 0 rg BT 180.05 227.60 Td (by ) Tj ET Q q 0 0 0 rg BT 191.75 227.60 Td (set ) Tj ET Q q 0 0 0 rg BT 204.56 227.60 Td (of) Tj ET Q q 0 0 0 rg BT 212.71 227.60 Td (f ) Tj ET Q q 0 0 0 rg BT 217.74 227.60 Td (as ) Tj ET Q q 0 0 0 rg BT 227.78 227.60 Td (a ) Tj ET Q q 0 0 0 rg BT 233.92 227.60 Td (result ) Tj ET Q q 0 0 0 rg BT 257.83 227.60 Td (of ) Tj ET Q q 0 0 0 rg BT 267.87 227.60 Td (such ) Tj ET Q q 0 0 0 rg BT 287.90 227.60 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 336.54 227.60 Td (in ) Tj ET Q q 0 0 0 rg BT 346.02 227.60 Td (the ) Tj ET Q q 0 0 0 rg BT 359.94 227.60 Td (event ) Tj ET Q q 0 0 0 rg BT 383.30 227.60 Td (of ) Tj ET Q q 0 0 0 rg BT 393.33 227.60 Td (the ) Tj ET Q q 0 0 0 rg BT 407.25 227.60 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 452.28 227.60 Td (of ) Tj ET Q q 0 0 0 rg BT 462.31 227.60 Td (a ) Tj ET Q q 0 0 0 rg BT 468.45 227.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 510.13 227.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 560.01 227.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.60 Td (even ) Tj ET Q q 0 0 0 rg BT 70.34 215.60 Td (though ) Tj ET Q q 0 0 0 rg BT 100.07 215.60 Td (it ) Tj ET Q q 0 0 0 rg BT 107.59 215.60 Td (is ) Tj ET Q q 0 0 0 rg BT 116.22 215.60 Td (the ) Tj ET Q q 0 0 0 rg BT 130.40 215.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 182.89 215.60 Td (that ) Tj ET Q q 0 0 0 rg BT 199.84 215.60 Td (is ) Tj ET Q q 0 0 0 rg BT 208.47 215.60 Td (in ) Tj ET Q q 0 0 0 rg BT 218.21 215.60 Td (default ) Tj ET Q q 0 0 0 rg BT 247.93 215.60 Td (and ) Tj ET Q q 0 0 0 rg BT 264.33 215.60 Td (not ) Tj ET Q q 0 0 0 rg BT 279.07 215.60 Td (us. ) Tj ET Q q 0 0 0 rg BT 292.28 215.60 Td (T) Tj ET Q q 0 0 0 rg BT 297.69 215.60 Td (o ) Tj ET Q q 0 0 0 rg BT 304.65 215.60 Td (the ) Tj ET Q q 0 0 0 rg BT 318.82 215.60 Td (extent ) Tj ET Q q 0 0 0 rg BT 345.22 215.60 Td (that ) Tj ET Q q 0 0 0 rg BT 362.17 215.60 Td (we ) Tj ET Q q 0 0 0 rg BT 375.79 215.60 Td (are ) Tj ET Q q 0 0 0 rg BT 389.96 215.60 Td (required ) Tj ET Q q 0 0 0 rg BT 425.23 215.60 Td (to ) Tj ET Q q 0 0 0 rg BT 434.97 215.60 Td (make ) Tj ET Q q 0 0 0 rg BT 458.58 215.60 Td (such ) Tj ET Q q 0 0 0 rg BT 478.87 215.60 Td (payments, ) Tj ET Q q 0 0 0 rg BT 521.66 215.60 Td (our ) Tj ET Q q 0 0 0 rg BT 536.95 215.60 Td (ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.60 Td (to ) Tj ET Q q 0 0 0 rg BT 60.00 203.60 Td (do ) Tj ET Q q 0 0 0 rg BT 72.73 203.60 Td (so ) Tj ET Q q 0 0 0 rg BT 84.35 203.60 Td (will ) Tj ET Q q 0 0 0 rg BT 102.63 203.60 Td (depend ) Tj ET Q q 0 0 0 rg BT 134.23 203.60 Td (on ) Tj ET Q q 0 0 0 rg BT 146.96 203.60 Td (our ) Tj ET Q q 0 0 0 rg BT 163.02 203.60 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 199.63 203.60 Td (and ) Tj ET Q q 0 0 0 rg BT 216.80 203.60 Td (capital ) Tj ET Q q 0 0 0 rg BT 246.17 203.60 Td (resources ) Tj ET Q q 0 0 0 rg BT 286.66 203.60 Td (at ) Tj ET Q q 0 0 0 rg BT 296.60 203.60 Td (the ) Tj ET Q q 0 0 0 rg BT 311.55 203.60 Td (time. ) Tj ET Q q 0 0 0 rg BT 334.54 203.60 Td (In ) Tj ET Q q 0 0 0 rg BT 345.60 203.60 Td (an ) Tj ET Q q 0 0 0 rg BT 357.77 203.60 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 403.82 203.60 Td (of ) Tj ET Q q 0 0 0 rg BT 414.87 203.60 Td (a ) Tj ET Q q 0 0 0 rg BT 422.04 203.60 Td (defaulting ) Tj ET Q q 0 0 0 rg BT 465.31 203.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 515.19 203.60 Td (, ) Tj ET Q q 0 0 0 rg BT 520.41 203.60 Td (we ) Tj ET Q q 0 0 0 rg BT 534.80 203.60 Td (will ) Tj ET Q q 0 0 0 rg BT 553.08 203.60 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.60 Td (an ) Tj ET Q q 0 0 0 rg BT 61.29 191.60 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 104.18 191.60 Td (creditor ) Tj ET Q q 0 0 0 rg BT 137.63 191.60 Td (in ) Tj ET Q q 0 0 0 rg BT 147.76 191.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 178.43 191.60 Td (of ) Tj ET Q q 0 0 0 rg BT 189.11 191.60 Td (any ) Tj ET Q q 0 0 0 rg BT 205.90 191.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 238.25 191.60 Td (owed ) Tj ET Q q 0 0 0 rg BT 262.26 191.60 Td (to ) Tj ET Q q 0 0 0 rg BT 272.39 191.60 Td (us ) Tj ET Q q 0 0 0 rg BT 283.63 191.60 Td (by ) Tj ET Q q 0 0 0 rg BT 295.99 191.60 Td (the ) Tj ET Q q 0 0 0 rg BT 310.56 191.60 Td (defaulting ) Tj ET Q q 0 0 0 rg BT 353.45 191.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 403.33 191.60 Td (, ) Tj ET Q q 0 0 0 rg BT 408.19 191.60 Td (except ) Tj ET Q q 0 0 0 rg BT 436.63 191.60 Td (to ) Tj ET Q q 0 0 0 rg BT 446.76 191.60 Td (the ) Tj ET Q q 0 0 0 rg BT 461.33 191.60 Td (extent ) Tj ET Q q 0 0 0 rg BT 488.12 191.60 Td (of ) Tj ET Q q 0 0 0 rg BT 498.80 191.60 Td (the ) Tj ET Q q 0 0 0 rg BT 513.37 191.60 Td (value ) Tj ET Q q 0 0 0 rg BT 537.38 191.60 Td (of ) Tj ET Q q 0 0 0 rg BT 548.06 191.60 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.60 Td (collateral ) Tj ET Q q 0 0 0 rg BT 89.20 179.60 Td (we ) Tj ET Q q 0 0 0 rg BT 103.36 179.60 Td (have ) Tj ET Q q 0 0 0 rg BT 124.73 179.60 Td (obtained ) Tj ET Q q 0 0 0 rg BT 161.67 179.60 Td (from ) Tj ET Q q 0 0 0 rg BT 183.61 179.60 Td (that ) Tj ET Q q 0 0 0 rg BT 201.10 179.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 250.98 179.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 155.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.12 155.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 115.69 155.60 Td (where ) Tj ET Q q 0 0 0 rg BT 142.41 155.60 Td (a ) Tj ET Q q 0 0 0 rg BT 149.15 155.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 201.97 155.60 Td (is ) Tj ET Q q 0 0 0 rg BT 210.94 155.60 Td (in ) Tj ET Q q 0 0 0 rg BT 221.01 155.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 258.28 155.60 Td (dif) Tj ET Q q 0 0 0 rg BT 269.21 155.60 Td (ficulty) Tj ET Q q 0 0 0 rg BT 294.67 155.60 Td (, ) Tj ET Q q 0 0 0 rg BT 299.46 155.60 Td (under ) Tj ET Q q 0 0 0 rg BT 324.52 155.60 Td (the ) Tj ET Q q 0 0 0 rg BT 339.03 155.60 Td (laws ) Tj ET Q q 0 0 0 rg BT 359.66 155.60 Td (of ) Tj ET Q q 0 0 0 rg BT 370.28 155.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 399.78 155.60 Td (jurisdictions, ) Tj ET Q q 0 0 0 rg BT 454.01 155.60 Td (the ) Tj ET Q q 0 0 0 rg BT 468.52 155.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 503.02 155.60 Td (regulators ) Tj ET Q q 0 0 0 rg BT 545.30 155.60 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.60 Td (be ) Tj ET Q q 0 0 0 rg BT 62.29 143.60 Td (able ) Tj ET Q q 0 0 0 rg BT 82.30 143.60 Td (to ) Tj ET Q q 0 0 0 rg BT 93.44 143.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 106.23 143.60 Td (compel ) Tj ET Q q 0 0 0 rg BT 139.02 143.60 Td (the ) Tj ET Q q 0 0 0 rg BT 154.59 143.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 204.04 143.60 Td (of ) Tj ET Q q 0 0 0 rg BT 215.73 143.60 Td (one ) Tj ET Q q 0 0 0 rg BT 233.52 143.60 Td (or ) Tj ET Q q 0 0 0 rg BT 245.20 143.60 Td (more ) Tj ET Q q 0 0 0 rg BT 269.10 143.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 312.44 143.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 364.96 143.60 Td (determine ) Tj ET Q q 0 0 0 rg BT 408.29 143.60 Td (the ) Tj ET Q q 0 0 0 rg BT 423.87 143.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 468.32 143.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 501.67 143.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 530.57 143.60 Td (compel, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.60 Td (without ) Tj ET Q q 0 0 0 rg BT 82.24 131.60 Td (any ) Tj ET Q q 0 0 0 rg BT 98.86 131.60 Td (payment, ) Tj ET Q q 0 0 0 rg BT 137.97 131.60 Td (the ) Tj ET Q q 0 0 0 rg BT 152.37 131.60 Td (partial ) Tj ET Q q 0 0 0 rg BT 180.10 131.60 Td (or ) Tj ET Q q 0 0 0 rg BT 190.61 131.60 Td (full ) Tj ET Q q 0 0 0 rg BT 206.68 131.60 Td (dischar) Tj ET Q q 0 0 0 rg BT 235.37 131.60 Td (ge ) Tj ET Q q 0 0 0 rg BT 246.99 131.60 Td (of ) Tj ET Q q 0 0 0 rg BT 257.50 131.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 296.90 131.60 Td (arising ) Tj ET Q q 0 0 0 rg BT 326.30 131.60 Td (from ) Tj ET Q q 0 0 0 rg BT 347.92 131.60 Td (such ) Tj ET Q q 0 0 0 rg BT 368.43 131.60 Td (early ) Tj ET Q q 0 0 0 rg BT 390.60 131.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 438.88 131.60 Td (that ) Tj ET Q q 0 0 0 rg BT 456.06 131.60 Td (are ) Tj ET Q q 0 0 0 rg BT 470.45 131.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 503.72 131.60 Td (by ) Tj ET Q q 0 0 0 rg BT 515.90 131.60 Td (the ) Tj ET Q q 0 0 0 rg BT 530.30 131.60 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 102.53 119.60 Td (or ) Tj ET Q q 0 0 0 rg BT 113.36 119.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 128.08 119.60 Td (transfer ) Tj ET Q q 0 0 0 rg BT 161.12 119.60 Td (the ) Tj ET Q q 0 0 0 rg BT 175.83 119.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 218.31 119.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 267.48 119.60 Td (to ) Tj ET Q q 0 0 0 rg BT 277.76 119.60 Td (an ) Tj ET Q q 0 0 0 rg BT 289.70 119.60 Td (alternative ) Tj ET Q q 0 0 0 rg BT 334.39 119.60 Td (counterparty) Tj ET Q q 0 0 0 rg BT 384.28 119.60 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 95.60 Td (Details ) Tj ET Q q 0 0 0 rg BT 81.44 95.60 Td (of ) Tj ET Q q 0 0 0 rg BT 92.27 95.60 Td (our) Tj ET Q q 0 0 0 rg BT 107.09 95.60 Td ( ) Tj ET Q q 0 0 0 rg BT 109.59 95.60 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 156.51 95.60 Td (Instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 71.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.45 71.60 Td (the ) Tj ET Q q 0 0 0 rg BT 93.28 71.60 Td (following ) Tj ET Q q 0 0 0 rg BT 134.79 71.60 Td (tables, ) Tj ET Q q 0 0 0 rg BT 163.23 71.60 Td (we ) Tj ET Q q 0 0 0 rg BT 177.51 71.60 Td (present ) Tj ET Q q 0 0 0 rg BT 209.01 71.60 Td (the ) Tj ET Q q 0 0 0 rg BT 223.84 71.60 Td (details ) Tj ET Q q 0 0 0 rg BT 252.57 71.60 Td (of ) Tj ET Q q 0 0 0 rg BT 263.51 71.60 Td (the ) Tj ET Q q 0 0 0 rg BT 278.35 71.60 Td (various ) Tj ET Q q 0 0 0 rg BT 310.41 71.60 Td (categories ) Tj ET Q q 0 0 0 rg BT 353.56 71.60 Td (of ) Tj ET Q q 0 0 0 rg BT 364.51 71.60 Td (our ) Tj ET Q q 0 0 0 rg BT 380.46 71.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 423.05 71.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 474.84 71.60 Td (which ) Tj ET Q q 0 0 0 rg BT 501.90 71.60 Td (are ) Tj ET Q q 0 0 0 rg BT 516.72 71.60 Td (held ) Tj ET Q q 0 0 0 rg BT 536.56 71.60 Td (by ) Tj ET Q q 0 0 0 rg BT 549.17 71.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 110.20 59.60 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 150.66 59.60 Td (, ) Tj ET Q q 0 0 0 rg BT 155.44 59.60 Td (Amsterdamse ) Tj ET Q q 0 0 0 rg BT 213.36 59.60 Td (Beheer) Tj ET Q q 0 0 0 rg BT 241.47 59.60 Td (-en ) Tj ET Q q 0 0 0 rg BT 257.17 59.60 Td (Consultingmaatschappij ) Tj ET Q q 0 0 0 rg BT 356.75 59.60 Td (BV) Tj ET Q q 0 0 0 rg BT 370.46 59.60 Td ( ) Tj ET Q q 0 0 0 rg BT 373.39 59.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.72 59.60 Td (ABC ) Tj ET Q q 0 0 0 rg BT 400.77 59.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 415.87 59.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.37 59.60 Td (\). ) Tj ET Q q 0 0 0 rg BT 426.92 59.60 Td (The ) Tj ET Q q 0 0 0 rg BT 445.39 59.60 Td (notional ) Tj ET Q q 0 0 0 rg BT 481.10 59.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 517.91 59.60 Td (of ) Tj ET Q q 0 0 0 rg BT 529.17 59.60 Td (multiple ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 91.87 47.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 140.93 47.60 Td (that ) Tj ET Q q 0 0 0 rg BT 158.31 47.60 Td (mature ) Tj ET Q q 0 0 0 rg BT 188.46 47.60 Td (within ) Tj ET Q q 0 0 0 rg BT 216.41 47.60 Td (the ) Tj ET Q q 0 0 0 rg BT 231.02 47.60 Td (same ) Tj ET Q q 0 0 0 rg BT 253.96 47.60 Td (calendar ) Tj ET Q q 0 0 0 rg BT 290.21 47.60 Td (month ) Tj ET Q q 0 0 0 rg BT 318.15 47.60 Td (are ) Tj ET Q q 0 0 0 rg BT 332.75 47.60 Td (shown ) Tj ET Q q 0 0 0 rg BT 361.26 47.60 Td (in ) Tj ET Q q 0 0 0 rg BT 371.42 47.60 Td (the ) Tj ET Q q 0 0 0 rg BT 386.03 47.60 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 427.28 47.60 Td (and ) Tj ET Q q 0 0 0 rg BT 444.11 47.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 475.94 47.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 497.20 47.60 Td (are ) Tj ET Q q 0 0 0 rg BT 511.80 47.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 552.51 47.60 Td (on ) Tj ET Q endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 708.60 Td (a ) Tj ET Q q 0 0 0 rg BT 56.32 708.60 Td (weighted ) Tj ET Q q 0 0 0 rg BT 95.35 708.60 Td (average ) Tj ET Q q 0 0 0 rg BT 128.81 708.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 153.69 708.60 Td (In ) Tj ET Q q 0 0 0 rg BT 164.39 708.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 202.04 708.60 Td (for ) Tj ET Q q 0 0 0 rg BT 216.08 708.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 258.44 708.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 307.48 708.60 Td (that ) Tj ET Q q 0 0 0 rg BT 324.85 708.60 Td (were ) Tj ET Q q 0 0 0 rg BT 346.66 708.60 Td (in ) Tj ET Q q 0 0 0 rg BT 356.81 708.60 Td (ef) Tj ET Q q 0 0 0 rg BT 364.40 708.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 381.76 708.60 Td (as ) Tj ET Q q 0 0 0 rg BT 392.47 708.60 Td (of ) Tj ET Q q 0 0 0 rg BT 403.18 708.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 461.64 708.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 486.51 708.60 Td (we ) Tj ET Q q 0 0 0 rg BT 500.55 708.60 Td (present ) Tj ET Q q 0 0 0 rg BT 531.81 708.60 Td (a ) Tj ET Q q 0 0 0 rg BT 538.62 708.60 Td (single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.60 Td (date ) Tj ET Q q 0 0 0 rg BT 67.75 696.60 Td (that ) Tj ET Q q 0 0 0 rg BT 84.34 696.60 Td (represents ) Tj ET Q q 0 0 0 rg BT 126.47 696.60 Td (the ) Tj ET Q q 0 0 0 rg BT 140.29 696.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 182.97 696.60 Td (final ) Tj ET Q q 0 0 0 rg BT 202.89 696.60 Td (maturity ) Tj ET Q q 0 0 0 rg BT 238.37 696.60 Td (date.For ) Tj ET Q q 0 0 0 rg BT 275.51 696.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 317.09 696.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 365.35 696.60 Td (that ) Tj ET Q q 0 0 0 rg BT 381.94 696.60 Td (become ) Tj ET Q q 0 0 0 rg BT 414.63 696.60 Td (ef) Tj ET Q q 0 0 0 rg BT 422.22 696.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 451.02 696.60 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 497.05 696.60 Td (to ) Tj ET Q q 0 0 0 rg BT 506.42 696.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 684.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 74.50 684.60 Td (we ) Tj ET Q q 0 0 0 rg BT 88.66 684.60 Td (present ) Tj ET Q q 0 0 0 rg BT 120.04 684.60 Td (a ) Tj ET Q q 0 0 0 rg BT 126.98 684.60 Td (range ) Tj ET Q q 0 0 0 rg BT 151.68 684.60 Td (of ) Tj ET Q q 0 0 0 rg BT 162.51 684.60 Td (dates ) Tj ET Q q 0 0 0 rg BT 185.56 684.60 Td (that ) Tj ET Q q 0 0 0 rg BT 203.05 684.60 Td (represents ) Tj ET Q q 0 0 0 rg BT 246.09 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 260.81 684.60 Td (period ) Tj ET Q q 0 0 0 rg BT 288.86 684.60 Td (covered ) Tj ET Q q 0 0 0 rg BT 323.00 684.60 Td (by ) Tj ET Q q 0 0 0 rg BT 335.50 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 350.22 684.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 393.81 684.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 436.29 684.60 Td (instruments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 660.60 Td (Cross-currency ) Tj ET Q q 0 0 0 rg BT 124.33 660.60 Td (and ) Tj ET Q q 0 0 0 rg BT 142.40 660.60 Td (Interest ) Tj ET Q q 0 0 0 rg BT 176.57 660.60 Td (Rate ) Tj ET Q q 0 0 0 rg BT 197.95 660.60 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 242.66 660.60 Td (Contracts) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 636.60 Td (Cr) Tj ET Q q 0 0 0 rg BT 77.69 636.60 Td (oss-curr) Tj ET Q q 0 0 0 rg BT 110.65 636.60 Td (ency ) Tj ET Q q 0 0 0 rg BT 131.47 636.60 Td (Swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 612.60 Td (As ) Tj ET Q q 0 0 0 rg BT 82.00 612.60 Td (noted ) Tj ET Q q 0 0 0 rg BT 107.60 612.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 137.36 612.60 Td (we ) Tj ET Q q 0 0 0 rg BT 152.40 612.60 Td (are ) Tj ET Q q 0 0 0 rg BT 167.99 612.60 Td (exposed ) Tj ET Q q 0 0 0 rg BT 204.15 612.60 Td (to ) Tj ET Q q 0 0 0 rg BT 215.31 612.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 247.57 612.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 285.93 612.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 327.07 612.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 345.43 612.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 363.82 612.60 Td (in ) Tj ET Q q 0 0 0 rg BT 374.98 612.60 Td (situations ) Tj ET Q q 0 0 0 rg BT 416.70 612.60 Td (where ) Tj ET Q q 0 0 0 rg BT 444.51 612.60 Td (our ) Tj ET Q q 0 0 0 rg BT 461.23 612.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 481.83 612.60 Td (is ) Tj ET Q q 0 0 0 rg BT 491.88 612.60 Td (denominated ) Tj ET Q q 0 0 0 rg BT 546.91 612.60 Td (in ) Tj ET Q q 0 0 0 rg BT 558.08 612.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 600.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 87.09 600.60 Td (other ) Tj ET Q q 0 0 0 rg BT 110.25 600.60 Td (than ) Tj ET Q q 0 0 0 rg BT 130.09 600.60 Td (our ) Tj ET Q q 0 0 0 rg BT 146.03 600.60 Td (functional ) Tj ET Q q 0 0 0 rg BT 189.19 600.60 Td (currency) Tj ET Q q 0 0 0 rg BT 223.52 600.60 Td (. ) Tj ET Q q 0 0 0 rg BT 228.06 600.60 Td (Although ) Tj ET Q q 0 0 0 rg BT 268.45 600.60 Td (we ) Tj ET Q q 0 0 0 rg BT 282.73 600.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 322.55 600.60 Td (seek ) Tj ET Q q 0 0 0 rg BT 342.93 600.60 Td (to ) Tj ET Q q 0 0 0 rg BT 353.33 600.60 Td (match ) Tj ET Q q 0 0 0 rg BT 380.38 600.60 Td (the ) Tj ET Q q 0 0 0 rg BT 395.21 600.60 Td (denomination ) Tj ET Q q 0 0 0 rg BT 452.81 600.60 Td (of ) Tj ET Q q 0 0 0 rg BT 463.76 600.60 Td (our ) Tj ET Q q 0 0 0 rg BT 479.71 600.60 Td (and ) Tj ET Q q 0 0 0 rg BT 496.76 600.60 Td (our ) Tj ET Q q 0 0 0 rg BT 512.71 600.60 Td (subsidiaries) Tj ET Q q 0 0 0 rg BT 562.51 600.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.60 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 97.78 588.60 Td (with ) Tj ET Q q 0 0 0 rg BT 118.28 588.60 Td (our ) Tj ET Q q 0 0 0 rg BT 134.33 588.60 Td (functional ) Tj ET Q q 0 0 0 rg BT 177.60 588.60 Td (currency) Tj ET Q q 0 0 0 rg BT 211.92 588.60 Td (, ) Tj ET Q q 0 0 0 rg BT 217.15 588.60 Td (market ) Tj ET Q q 0 0 0 rg BT 247.63 588.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 292.02 588.60 Td (or ) Tj ET Q q 0 0 0 rg BT 303.08 588.60 Td (other ) Tj ET Q q 0 0 0 rg BT 326.35 588.60 Td (factors ) Tj ET Q q 0 0 0 rg BT 356.28 588.60 Td (may ) Tj ET Q q 0 0 0 rg BT 376.22 588.60 Td (cause ) Tj ET Q q 0 0 0 rg BT 401.15 588.60 Td (us ) Tj ET Q q 0 0 0 rg BT 412.76 588.60 Td (to ) Tj ET Q q 0 0 0 rg BT 423.27 588.60 Td (enter ) Tj ET Q q 0 0 0 rg BT 445.97 588.60 Td (into ) Tj ET Q q 0 0 0 rg BT 464.25 588.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 508.64 588.60 Td (arrangements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.60 Td (that ) Tj ET Q q 0 0 0 rg BT 67.02 576.60 Td (are ) Tj ET Q q 0 0 0 rg BT 81.75 576.60 Td (not ) Tj ET Q q 0 0 0 rg BT 97.05 576.60 Td (denominated ) Tj ET Q q 0 0 0 rg BT 151.22 576.60 Td (in ) Tj ET Q q 0 0 0 rg BT 161.52 576.60 Td (our ) Tj ET Q q 0 0 0 rg BT 177.37 576.60 Td (functional ) Tj ET Q q 0 0 0 rg BT 220.44 576.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 257.93 576.60 Td (\(unmatched ) Tj ET Q q 0 0 0 rg BT 307.66 576.60 Td (debt\). ) Tj ET Q q 0 0 0 rg BT 333.23 576.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 351.30 576.60 Td (policy ) Tj ET Q q 0 0 0 rg BT 378.82 576.60 Td (is ) Tj ET Q q 0 0 0 rg BT 388.01 576.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 427.73 576.60 Td (to ) Tj ET Q q 0 0 0 rg BT 438.03 576.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 471.10 576.60 Td (for ) Tj ET Q q 0 0 0 rg BT 485.28 576.60 Td (an ) Tj ET Q q 0 0 0 rg BT 497.24 576.60 Td (economic ) Tj ET Q q 0 0 0 rg BT 538.64 576.60 Td (hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td (against ) Tj ET Q q 0 0 0 rg BT 80.37 564.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 111.79 564.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 149.31 564.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 189.61 564.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 207.14 564.60 Td (movements ) Tj ET Q q 0 0 0 rg BT 255.78 564.60 Td (by ) Tj ET Q q 0 0 0 rg BT 268.33 564.60 Td (using ) Tj ET Q q 0 0 0 rg BT 292.54 564.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 335.07 564.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 384.28 564.60 Td (to ) Tj ET Q q 0 0 0 rg BT 394.60 564.60 Td (synthetically ) Tj ET Q q 0 0 0 rg BT 448.24 564.60 Td (convert ) Tj ET Q q 0 0 0 rg BT 480.77 564.60 Td (unmatched ) Tj ET Q q 0 0 0 rg BT 527.19 564.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 546.95 564.60 Td (into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (the ) Tj ET Q q 0 0 0 rg BT 63.47 552.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 106.31 552.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 151.38 552.60 Td (currency) Tj ET Q q 0 0 0 rg BT 185.71 552.60 Td (. ) Tj ET Q q 0 0 0 rg BT 189.57 552.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.32 552.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 259.16 552.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.16 552.60 Td (, ) Tj ET Q q 0 0 0 rg BT 283.41 552.60 Td (substantially ) Tj ET Q q 0 0 0 rg BT 335.71 552.60 Td (all ) Tj ET Q q 0 0 0 rg BT 347.46 552.60 Td (of ) Tj ET Q q 0 0 0 rg BT 357.54 552.60 Td (our ) Tj ET Q q 0 0 0 rg BT 372.62 552.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 391.58 552.60 Td (was ) Tj ET Q q 0 0 0 rg BT 408.89 552.60 Td (either ) Tj ET Q q 0 0 0 rg BT 433.40 552.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 465.69 552.60 Td (or ) Tj ET Q q 0 0 0 rg BT 475.77 552.60 Td (synthetically ) Tj ET Q q 0 0 0 rg BT 528.62 552.60 Td (matched ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (to ) Tj ET Q q 0 0 0 rg BT 59.32 540.60 Td (our ) Tj ET Q q 0 0 0 rg BT 74.69 540.60 Td (functional ) Tj ET Q q 0 0 0 rg BT 117.27 540.60 Td (currency) Tj ET Q q 0 0 0 rg BT 151.60 540.60 Td (. ) Tj ET Q q 0 0 0 rg BT 155.99 540.60 Td (The ) Tj ET Q q 0 0 0 rg BT 173.58 540.60 Td (weighted ) Tj ET Q q 0 0 0 rg BT 212.27 540.60 Td (average ) Tj ET Q q 0 0 0 rg BT 245.40 540.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 287.98 540.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 334.44 540.60 Td (life ) Tj ET Q q 0 0 0 rg BT 349.80 540.60 Td (of ) Tj ET Q q 0 0 0 rg BT 360.17 540.60 Td (our ) Tj ET Q q 0 0 0 rg BT 375.54 540.60 Td (cross-currency ) Tj ET Q q 0 0 0 rg BT 436.44 540.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 459.03 540.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 497.17 540.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.42 540.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 528.60 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 528.60 Td (was ) Tj ET Q q 0 0 0 rg BT 90.05 528.60 Td (6.0 ) Tj ET Q q 0 0 0 rg BT 105.05 528.60 Td (years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 504.60 Td (The ) Tj ET Q q 0 0 0 rg BT 84.63 504.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 108.44 504.60 Td (of ) Tj ET Q q 0 0 0 rg BT 118.35 504.60 Td (our ) Tj ET Q q 0 0 0 rg BT 133.27 504.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 181.52 504.60 Td (cross-currency ) Tj ET Q q 0 0 0 rg BT 241.96 504.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 264.10 504.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 301.78 504.60 Td (at ) Tj ET Q q 0 0 0 rg BT 310.58 504.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 368.25 504.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 392.34 504.60 Td (which ) Tj ET Q q 0 0 0 rg BT 418.36 504.60 Td (are ) Tj ET Q q 0 0 0 rg BT 432.16 504.60 Td (held ) Tj ET Q q 0 0 0 rg BT 450.96 504.60 Td (by ) Tj ET Q q 0 0 0 rg BT 462.19 504.60 Td (ABC ) Tj ET Q q 0 0 0 rg BT 484.34 504.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 499.44 504.60 Td (., ) Tj ET Q q 0 0 0 rg BT 506.03 504.60 Td (are ) Tj ET Q q 0 0 0 rg BT 519.82 504.60 Td (as ) Tj ET Q q 0 0 0 rg BT 529.74 504.60 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 432.10 145.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 432.10 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 432.10 65.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.00 432.10 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 432.10 65.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 432.10 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 432.10 110.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 432.10 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 432.10 112.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 406.10 145.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 406.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 406.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.00 406.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 406.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 406.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 406.10 110.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 406.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 406.10 112.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 376.10 145.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 376.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.00 376.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.00 376.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 376.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 376.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 376.10 110.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 376.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 376.10 112.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 445.1 m 194 445.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 445.1 m 263 445.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267 445.1 m 332 445.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 445.1 m 446 445.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 445.1 m 562 445.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 361.1 m 263 361.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 347.1 m 263 347.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 345.1 m 263 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267 361.1 m 332 361.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267 347.1 m 332 347.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267 345.1 m 332 345.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 449.55 Td (F) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 449.55 Td (inal maturity date) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.45 485.50 Td (Notional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.20 476.50 Td (amount ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.45 467.50 Td (due fr) Tj ET Q q 0 0 0 rg BT 235.53 467.50 Td (om ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 204.75 458.50 Td (counterparty ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 224.75 449.50 Td (\(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.45 476.55 Td (Notional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.20 467.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.10 458.55 Td (due to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.75 449.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.70 467.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 386.03 467.55 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.95 458.55 Td (due fr) Tj ET Q q 0 0 0 rg BT 396.03 458.55 Td (om) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.25 449.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.70 467.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 501.03 467.55 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.60 458.55 Td (due to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.25 449.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 436.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.35 436.50 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 436.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.50 436.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 411.67 Td (January 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 410.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 410.77 Td (4,625.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 410.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 410.77 Td (4,087.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.55 410.77 Td (3.19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.55 410.77 Td (2.41%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 396.67 Td (April 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 395.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 395.77 Td (2,050.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 395.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 395.77 Td (1,581.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.60 395.77 Td (6mo.LIBOR+2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.55 395.77 Td (4.14%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 381.67 Td (April 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 380.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.65 380.77 Td (475.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 380.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 380.77 Td (442.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.60 380.77 Td (6 mo. LIBOR + 2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 380.77 Td (6 mo. EURIBOR + 2.43%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 366.67 Td (January 2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 365.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.65 365.77 Td (400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 365.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 365.77 Td (339.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.55 365.77 Td (5.88%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.55 365.77 Td (4.58%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 350.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 350.77 Td (7,550.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 350.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 350.77 Td (6,449.7) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.60 Td (_____________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.60 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 310.60 Td (Includes ) Tj ET Q q 0 0 0 rg BT 112.76 310.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 142.35 310.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 184.72 310.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 233.78 310.60 Td (that ) Tj ET Q q 0 0 0 rg BT 251.16 310.60 Td (do ) Tj ET Q q 0 0 0 rg BT 263.55 310.60 Td (not ) Tj ET Q q 0 0 0 rg BT 278.71 310.60 Td (involve ) Tj ET Q q 0 0 0 rg BT 311.09 310.60 Td (the ) Tj ET Q q 0 0 0 rg BT 325.70 310.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 365.84 310.60 Td (of ) Tj ET Q q 0 0 0 rg BT 376.56 310.60 Td (notional ) Tj ET Q q 0 0 0 rg BT 411.72 310.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 447.99 310.60 Td (at ) Tj ET Q q 0 0 0 rg BT 457.60 310.60 Td (the ) Tj ET Q q 0 0 0 rg BT 472.20 310.60 Td (inception ) Tj ET Q q 0 0 0 rg BT 511.80 310.60 Td (and ) Tj ET Q q 0 0 0 rg BT 528.63 310.60 Td (maturity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 298.60 Td (of ) Tj ET Q q 0 0 0 rg BT 89.01 298.60 Td (the ) Tj ET Q q 0 0 0 rg BT 105.40 298.60 Td (instruments.) Tj ET Q q 0 0 0 rg BT 156.51 298.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 205.85 298.60 Td (, ) Tj ET Q q 0 0 0 rg BT 212.52 298.60 Td (the ) Tj ET Q q 0 0 0 rg BT 228.91 298.60 Td (only ) Tj ET Q q 0 0 0 rg BT 250.87 298.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 272.81 298.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 299.21 298.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 344.48 298.60 Td (with ) Tj ET Q q 0 0 0 rg BT 366.43 298.60 Td (these ) Tj ET Q q 0 0 0 rg BT 391.15 298.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 435.31 298.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 486.15 298.60 Td (are ) Tj ET Q q 0 0 0 rg BT 502.53 298.60 Td (interest-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 286.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 118.88 286.60 Td (and ) Tj ET Q q 0 0 0 rg BT 137.38 286.60 Td (receipts. ) Tj ET Q q 0 0 0 rg BT 174.13 286.60 Td (At ) Tj ET Q q 0 0 0 rg BT 188.19 286.60 Td (December ) Tj ET Q q 0 0 0 rg BT 233.33 286.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 249.89 286.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 276.45 286.60 Td (the ) Tj ET Q q 0 0 0 rg BT 292.72 286.60 Td (total ) Tj ET Q q 0 0 0 rg BT 314.55 286.60 Td (euro ) Tj ET Q q 0 0 0 rg BT 336.38 286.60 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 382.09 286.60 Td (of ) Tj ET Q q 0 0 0 rg BT 394.48 286.60 Td (the ) Tj ET Q q 0 0 0 rg BT 410.75 286.60 Td (notional ) Tj ET Q q 0 0 0 rg BT 447.58 286.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 485.53 286.60 Td (of ) Tj ET Q q 0 0 0 rg BT 497.91 286.60 Td (these ) Tj ET Q q 0 0 0 rg BT 522.52 286.60 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 274.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 125.67 274.60 Td (was ) Tj ET Q q 0 0 0 rg BT 143.72 274.60 Td (1,746.5 ) Tj ET Q q 0 0 0 rg BT 181.22 274.60 Td (million. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 250.60 Td (Inter) Tj ET Q q 0 0 0 rg BT 86.57 250.60 Td (est ) Tj ET Q q 0 0 0 rg BT 100.18 250.60 Td (Rate ) Tj ET Q q 0 0 0 rg BT 121.00 250.60 Td (Swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 226.60 Td (As ) Tj ET Q q 0 0 0 rg BT 81.46 226.60 Td (noted ) Tj ET Q q 0 0 0 rg BT 106.52 226.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 135.74 226.60 Td (we ) Tj ET Q q 0 0 0 rg BT 150.24 226.60 Td (enter ) Tj ET Q q 0 0 0 rg BT 173.07 226.60 Td (into ) Tj ET Q q 0 0 0 rg BT 191.47 226.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 223.75 226.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 241.57 226.60 Td (swaps ) Tj ET Q q 0 0 0 rg BT 268.86 226.60 Td (to ) Tj ET Q q 0 0 0 rg BT 279.48 226.60 Td (protect ) Tj ET Q q 0 0 0 rg BT 310.09 226.60 Td (against ) Tj ET Q q 0 0 0 rg BT 341.26 226.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 380.75 226.60 Td (in ) Tj ET Q q 0 0 0 rg BT 391.37 226.60 Td (the ) Tj ET Q q 0 0 0 rg BT 406.43 226.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 438.71 226.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 460.43 226.60 Td (on ) Tj ET Q q 0 0 0 rg BT 473.27 226.60 Td (our ) Tj ET Q q 0 0 0 rg BT 489.44 226.60 Td (variable-rate ) Tj ET Q q 0 0 0 rg BT 542.80 226.60 Td (debt. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.60 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 86.05 214.60 Td (to ) Tj ET Q q 0 0 0 rg BT 95.38 214.60 Td (these ) Tj ET Q q 0 0 0 rg BT 117.48 214.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 159.01 214.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 209.72 214.60 Td (we ) Tj ET Q q 0 0 0 rg BT 222.93 214.60 Td (typically ) Tj ET Q q 0 0 0 rg BT 259.47 214.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 275.46 214.60 Td (fixed ) Tj ET Q q 0 0 0 rg BT 297.56 214.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 328.54 214.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 348.97 214.60 Td (and ) Tj ET Q q 0 0 0 rg BT 364.96 214.60 Td (receive ) Tj ET Q q 0 0 0 rg BT 395.37 214.60 Td (variable ) Tj ET Q q 0 0 0 rg BT 429.12 214.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 460.11 214.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 480.54 214.60 Td (on ) Tj ET Q q 0 0 0 rg BT 492.09 214.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 529.73 214.60 Td (notional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.60 Td (amounts. ) Tj ET Q q 0 0 0 rg BT 87.94 202.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.58 202.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 159.31 202.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.31 202.60 Td (, ) Tj ET Q q 0 0 0 rg BT 184.45 202.60 Td (the ) Tj ET Q q 0 0 0 rg BT 199.31 202.60 Td (related ) Tj ET Q q 0 0 0 rg BT 229.15 202.60 Td (weighted ) Tj ET Q q 0 0 0 rg BT 268.45 202.60 Td (average ) Tj ET Q q 0 0 0 rg BT 302.17 202.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 345.35 202.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 392.41 202.60 Td (life ) Tj ET Q q 0 0 0 rg BT 408.38 202.60 Td (of ) Tj ET Q q 0 0 0 rg BT 419.35 202.60 Td (our ) Tj ET Q q 0 0 0 rg BT 435.32 202.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 467.39 202.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 485.02 202.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 508.21 202.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 546.95 202.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.60 Td (6.3 ) Tj ET Q q 0 0 0 rg BT 64.50 190.60 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 166.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.28 166.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 109.73 166.60 Td (of ) Tj ET Q q 0 0 0 rg BT 120.30 166.60 Td (our ) Tj ET Q q 0 0 0 rg BT 135.87 166.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 184.77 166.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 216.43 166.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 233.66 166.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 256.44 166.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 294.77 166.60 Td (at ) Tj ET Q q 0 0 0 rg BT 304.22 166.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 362.54 166.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 387.28 166.60 Td (which ) Tj ET Q q 0 0 0 rg BT 413.95 166.60 Td (are ) Tj ET Q q 0 0 0 rg BT 428.39 166.60 Td (held ) Tj ET Q q 0 0 0 rg BT 447.85 166.60 Td (by ) Tj ET Q q 0 0 0 rg BT 459.59 166.60 Td (ABC ) Tj ET Q q 0 0 0 rg BT 482.39 166.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 497.49 166.60 Td (., ) Tj ET Q q 0 0 0 rg BT 504.72 166.60 Td (are ) Tj ET Q q 0 0 0 rg BT 519.17 166.60 Td (as ) Tj ET Q q 0 0 0 rg BT 529.73 166.60 Td (follows:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 117.10 203.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 252.00 117.10 4.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 256.00 117.10 65.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 321.00 117.10 4.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 325.00 117.10 118.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 443.00 117.10 4.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 447.00 117.10 115.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 103.10 203.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 103.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 103.10 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 103.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 103.10 118.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 103.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 103.10 115.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 132.10000000000002 m 252 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 132.10000000000002 m 321 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 132.10000000000002 m 443 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 132.10000000000002 m 562 132.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 136.55 Td (Final maturity date) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 271.45 145.55 Td (Notional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.10 136.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.05 145.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 360.46 145.55 Td (est rate duefr) Tj ET Q q 0 0 0 rg BT 414.03 145.55 Td (om) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.25 136.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.20 145.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 486.61 145.55 Td (est rate dueto) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.75 136.55 Td (counterparty) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 121.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 267.85 121.55 Td (in millions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 121.56 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.50 121.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 93.67 Td (April 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.50 93.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.15 93.67 Td (2,692.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.90 93.67 Td (6 mo. EURIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.05 93.67 Td (1.67%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-49) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 708.60 Td (Basis ) Tj ET Q q 0 0 0 rg BT 91.67 708.60 Td (Swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 684.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.76 684.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 108.47 684.60 Td (swaps ) Tj ET Q q 0 0 0 rg BT 135.63 684.60 Td (involve ) Tj ET Q q 0 0 0 rg BT 168.33 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 183.26 684.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 223.72 684.60 Td (of ) Tj ET Q q 0 0 0 rg BT 234.76 684.60 Td (attributes ) Tj ET Q q 0 0 0 rg BT 274.68 684.60 Td (used ) Tj ET Q q 0 0 0 rg BT 295.72 684.60 Td (to ) Tj ET Q q 0 0 0 rg BT 306.21 684.60 Td (calculate ) Tj ET Q q 0 0 0 rg BT 344.45 684.60 Td (our ) Tj ET Q q 0 0 0 rg BT 360.49 684.60 Td (floating ) Tj ET Q q 0 0 0 rg BT 394.30 684.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 426.45 684.60 Td (rates, ) Tj ET Q q 0 0 0 rg BT 450.53 684.60 Td (including ) Tj ET Q q 0 0 0 rg BT 491.02 684.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 503.16 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 518.09 684.60 Td (benchmark ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 672.60 Td (rate, ) Tj ET Q q 0 0 0 rg BT 69.88 672.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 84.98 672.60 Td (the ) Tj ET Q q 0 0 0 rg BT 100.09 672.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 146.30 672.60 Td (currency) Tj ET Q q 0 0 0 rg BT 180.63 672.60 Td (, ) Tj ET Q q 0 0 0 rg BT 186.02 672.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 214.46 672.60 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 232.34 672.60 Td (the ) Tj ET Q q 0 0 0 rg BT 247.45 672.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 292.00 672.60 Td (period.) Tj ET Q q 0 0 0 rg BT 322.36 672.60 Td (W) Tj ET Q q 0 0 0 rg BT 331.00 672.60 Td (e ) Tj ET Q q 0 0 0 rg BT 338.33 672.60 Td (typically ) Tj ET Q q 0 0 0 rg BT 376.21 672.60 Td (enter ) Tj ET Q q 0 0 0 rg BT 399.08 672.60 Td (into ) Tj ET Q q 0 0 0 rg BT 417.53 672.60 Td (these ) Tj ET Q q 0 0 0 rg BT 440.97 672.60 Td (swaps ) Tj ET Q q 0 0 0 rg BT 468.30 672.60 Td (to ) Tj ET Q q 0 0 0 rg BT 478.97 672.60 Td (optimize ) Tj ET Q q 0 0 0 rg BT 516.85 672.60 Td (our ) Tj ET Q q 0 0 0 rg BT 533.07 672.60 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 67.48 660.60 Td (profile ) Tj ET Q q 0 0 0 rg BT 97.13 660.60 Td (based ) Tj ET Q q 0 0 0 rg BT 122.89 660.60 Td (on ) Tj ET Q q 0 0 0 rg BT 135.88 660.60 Td (our ) Tj ET Q q 0 0 0 rg BT 152.20 660.60 Td (current ) Tj ET Q q 0 0 0 rg BT 183.51 660.60 Td (evaluations ) Tj ET Q q 0 0 0 rg BT 232.04 660.60 Td (of ) Tj ET Q q 0 0 0 rg BT 243.36 660.60 Td (yield ) Tj ET Q q 0 0 0 rg BT 266.35 660.60 Td (curves, ) Tj ET Q q 0 0 0 rg BT 297.94 660.60 Td (our ) Tj ET Q q 0 0 0 rg BT 314.26 660.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 332.26 660.60 Td (management ) Tj ET Q q 0 0 0 rg BT 386.34 660.60 Td (policies ) Tj ET Q q 0 0 0 rg BT 420.43 660.60 Td (and ) Tj ET Q q 0 0 0 rg BT 437.86 660.60 Td (other ) Tj ET Q q 0 0 0 rg BT 461.40 660.60 Td (factors. ) Tj ET Q q 0 0 0 rg BT 493.44 660.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.43 660.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 648.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 648.60 Td (, ) Tj ET Q q 0 0 0 rg BT 73.99 648.60 Td (the ) Tj ET Q q 0 0 0 rg BT 88.21 648.60 Td (euro ) Tj ET Q q 0 0 0 rg BT 107.97 648.60 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 151.61 648.60 Td (of ) Tj ET Q q 0 0 0 rg BT 161.94 648.60 Td (the ) Tj ET Q q 0 0 0 rg BT 176.15 648.60 Td (notional ) Tj ET Q q 0 0 0 rg BT 210.92 648.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 242.91 648.60 Td (due ) Tj ET Q q 0 0 0 rg BT 259.34 648.60 Td (from ) Tj ET Q q 0 0 0 rg BT 280.77 648.60 Td (the ) Tj ET Q q 0 0 0 rg BT 294.99 648.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 347.51 648.60 Td (was ) Tj ET Q q 0 0 0 rg BT 365.06 648.60 Td (2,715.8 ) Tj ET Q q 0 0 0 rg BT 402.05 648.60 Td (million ) Tj ET Q q 0 0 0 rg BT 432.94 648.60 Td (and ) Tj ET Q q 0 0 0 rg BT 449.37 648.60 Td (the ) Tj ET Q q 0 0 0 rg BT 463.58 648.60 Td (related ) Tj ET Q q 0 0 0 rg BT 492.78 648.60 Td (weighted ) Tj ET Q q 0 0 0 rg BT 531.43 648.60 Td (average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 636.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 92.54 636.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 139.46 636.60 Td (life ) Tj ET Q q 0 0 0 rg BT 155.29 636.60 Td (of ) Tj ET Q q 0 0 0 rg BT 166.12 636.60 Td (our ) Tj ET Q q 0 0 0 rg BT 181.95 636.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 213.88 636.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 236.38 636.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 259.43 636.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 298.03 636.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.08 636.60 Td (0.7 ) Tj ET Q q 0 0 0 rg BT 331.08 636.60 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.18 636.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 612.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 612.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 110.26 612.60 Td (of ) Tj ET Q q 0 0 0 rg BT 121.09 612.60 Td (our ) Tj ET Q q 0 0 0 rg BT 136.92 612.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 186.09 612.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 208.59 612.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 231.64 612.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 270.23 612.60 Td (at ) Tj ET Q q 0 0 0 rg BT 279.95 612.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 338.54 612.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 363.54 612.60 Td (which ) Tj ET Q q 0 0 0 rg BT 390.47 612.60 Td (are ) Tj ET Q q 0 0 0 rg BT 405.18 612.60 Td (held ) Tj ET Q q 0 0 0 rg BT 424.90 612.60 Td (by ) Tj ET Q q 0 0 0 rg BT 436.85 612.60 Td (ABC ) Tj ET Q q 0 0 0 rg BT 459.91 612.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 475.01 612.60 Td (., ) Tj ET Q q 0 0 0 rg BT 482.51 612.60 Td (are ) Tj ET Q q 0 0 0 rg BT 497.22 612.60 Td (as ) Tj ET Q q 0 0 0 rg BT 508.05 612.60 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 547.10 203.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 547.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 547.10 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 547.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 547.10 118.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 547.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 547.10 115.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 518.10 203.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 518.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 518.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 518.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 518.10 118.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 518.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 518.10 115.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 561.1 m 252 561.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 561.1 m 321 561.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 561.1 m 443 561.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 561.1 m 562 561.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 565.55 Td (Final maturity date) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 271.45 574.55 Td (Notional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.20 565.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 359.70 583.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 379.03 583.55 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.95 574.55 Td (due fr) Tj ET Q q 0 0 0 rg BT 389.03 574.55 Td (om) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.25 565.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.20 583.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 499.53 583.55 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.10 574.55 Td (due to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.75 565.55 Td (counterparty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 551.55 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 269.85 551.55 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.50 551.55 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 551.55 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 523.67 Td (October 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.50 522.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.15 522.77 Td (2,525.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.60 522.77 Td (1 mo. LIBOR + 2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.10 522.77 Td (6mo.LIBOR+2.36%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 508.67 Td (April 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.50 507.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 507.77 Td (585.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.60 507.77 Td (1 mo. LIBOR + 2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.10 507.77 Td (6mo.LIBOR+2.33%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 479.60 Td (Impact ) Tj ET Q q 0 0 0 rg BT 89.89 479.60 Td (of ) Tj ET Q q 0 0 0 rg BT 100.72 479.60 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 145.42 479.60 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 197.94 479.60 Td (on ) Tj ET Q q 0 0 0 rg BT 211.00 479.60 Td (Borrowing ) Tj ET Q q 0 0 0 rg BT 257.97 479.60 Td (Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 455.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.72 455.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 115.60 455.60 Td (of ) Tj ET Q q 0 0 0 rg BT 126.60 455.60 Td (the ) Tj ET Q q 0 0 0 rg BT 141.49 455.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 184.14 455.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 233.48 455.60 Td (that ) Tj ET Q q 0 0 0 rg BT 251.14 455.60 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 286.58 455.60 Td (our ) Tj ET Q q 0 0 0 rg BT 302.58 455.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 334.13 455.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 371.78 455.60 Td (and ) Tj ET Q q 0 0 0 rg BT 388.89 455.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 420.99 455.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 438.65 455.60 Td (risk, ) Tj ET Q q 0 0 0 rg BT 458.82 455.60 Td (as ) Tj ET Q q 0 0 0 rg BT 469.82 455.60 Td (described ) Tj ET Q q 0 0 0 rg BT 510.81 455.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 539.85 455.60 Td (was ) Tj ET Q q 0 0 0 rg BT 558.08 455.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 86.41 443.60 Td (of ) Tj ET Q q 0 0 0 rg BT 97.24 443.60 Td (15 ) Tj ET Q q 0 0 0 rg BT 109.74 443.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 132.24 443.60 Td (points ) Tj ET Q q 0 0 0 rg BT 159.19 443.60 Td (to ) Tj ET Q q 0 0 0 rg BT 169.47 443.60 Td (our ) Tj ET Q q 0 0 0 rg BT 185.30 443.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 229.46 443.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 251.96 443.60 Td (as ) Tj ET Q q 0 0 0 rg BT 262.79 443.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.62 443.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 332.21 443.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.21 443.60 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 419.60 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 94.34 419.60 Td (Currency ) Tj ET Q q 0 0 0 rg BT 135.73 419.60 Td (Forwards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 395.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 395.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.28 395.60 Td (enter ) Tj ET Q q 0 0 0 rg BT 105.96 395.60 Td (into ) Tj ET Q q 0 0 0 rg BT 124.22 395.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 155.79 395.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 193.47 395.60 Td (forward ) Tj ET Q q 0 0 0 rg BT 227.82 395.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 266.61 395.60 Td (with ) Tj ET Q q 0 0 0 rg BT 287.09 395.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 318.10 395.60 Td (to ) Tj ET Q q 0 0 0 rg BT 328.58 395.60 Td (non-functional ) Tj ET Q q 0 0 0 rg BT 390.15 395.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 427.83 395.60 Td (exposure. ) Tj ET Q q 0 0 0 rg BT 468.53 395.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.23 395.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 540.01 395.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 395.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.60 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 383.60 Td (euro ) Tj ET Q q 0 0 0 rg BT 84.49 383.60 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 128.64 383.60 Td (of ) Tj ET Q q 0 0 0 rg BT 139.47 383.60 Td (the ) Tj ET Q q 0 0 0 rg BT 154.18 383.60 Td (notional ) Tj ET Q q 0 0 0 rg BT 189.46 383.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 221.95 383.60 Td (of ) Tj ET Q q 0 0 0 rg BT 232.78 383.60 Td (our ) Tj ET Q q 0 0 0 rg BT 248.61 383.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 279.99 383.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 317.46 383.60 Td (forward ) Tj ET Q q 0 0 0 rg BT 351.61 383.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 390.21 383.60 Td (was ) Tj ET Q q 0 0 0 rg BT 408.26 383.60 Td (10.6 ) Tj ET Q q 0 0 0 rg BT 433.26 383.60 Td (million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 359.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.85 359.60 Td (following ) Tj ET Q q 0 0 0 rg BT 127.55 359.60 Td (table ) Tj ET Q q 0 0 0 rg BT 149.79 359.60 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 200.36 359.60 Td (our ) Tj ET Q q 0 0 0 rg BT 216.50 359.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 265.97 359.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 297.66 359.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 335.44 359.60 Td (forward ) Tj ET Q q 0 0 0 rg BT 369.90 359.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 408.80 359.60 Td (at ) Tj ET Q q 0 0 0 rg BT 418.82 359.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 477.71 359.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 503.02 359.60 Td (which ) Tj ET Q q 0 0 0 rg BT 530.27 359.60 Td (are ) Tj ET Q q 0 0 0 rg BT 545.28 359.60 Td (held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.60 Td (by ) Tj ET Q q 0 0 0 rg BT 61.45 347.60 Td (ABC ) Tj ET Q q 0 0 0 rg BT 84.51 347.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 99.61 347.60 Td (.: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 302.10 31.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 81.50 302.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 302.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 135.50 302.10 31.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.50 302.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 216.50 302.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 302.10 339.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 314.1 m 81.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 81.5 314.1 m 131.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 135.5 314.1 m 166.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 166.5 314.1 m 216.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 314.1 m 560.5 314.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.05 327.55 Td (Curr) Tj ET Q q 0 0 0 rg BT 91.46 327.55 Td (ency) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.70 318.55 Td (pur) Tj ET Q q 0 0 0 rg BT 67.62 318.55 Td (chased forward) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 148.20 327.55 Td (Curr) Tj ET Q q 0 0 0 rg BT 167.61 327.55 Td (ency sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 318.55 Td (forward) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.85 318.55 Td (Maturitydates) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.85 305.50 Td (in millions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 224.00 305.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 276.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.15 276.77 Td (12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.00 276.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.15 276.77 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.70 276.77 Td (January 2019 - December 2019) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 248.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 248.60 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 248.60 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 247.03505859375002 m 186.1240234375 247.03505859375002 l s q 0 0 0 rg BT 76.50 248.60 Td (Fair) Tj ET Q q 0 0 0 rg BT 94.64 248.60 Td ( ) Tj ET Q q 0 0 0 rg BT 96.96 248.60 Td (V) Tj ET Q q 0 0 0 rg BT 103.27 248.60 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 156.13 248.60 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 226.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 226.60 Td (e ) Tj ET Q q 0 0 0 rg BT 82.37 226.60 Td (use ) Tj ET Q q 0 0 0 rg BT 97.50 226.60 Td (the ) Tj ET Q q 0 0 0 rg BT 111.52 226.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 127.19 226.60 Td (value ) Tj ET Q q 0 0 0 rg BT 150.65 226.60 Td (method ) Tj ET Q q 0 0 0 rg BT 182.44 226.60 Td (to ) Tj ET Q q 0 0 0 rg BT 192.02 226.60 Td (account ) Tj ET Q q 0 0 0 rg BT 224.91 226.60 Td (for ) Tj ET Q q 0 0 0 rg BT 238.37 226.60 Td (our ) Tj ET Q q 0 0 0 rg BT 253.50 226.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 295.27 226.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 346.11 226.60 Td (The ) Tj ET Q q 0 0 0 rg BT 363.45 226.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 398.57 226.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 414.24 226.60 Td (values ) Tj ET Q q 0 0 0 rg BT 441.59 226.60 Td (of ) Tj ET Q q 0 0 0 rg BT 451.72 226.60 Td (these ) Tj ET Q q 0 0 0 rg BT 474.06 226.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 515.84 226.60 Td (instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.60 Td (as ) Tj ET Q q 0 0 0 rg BT 59.66 214.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.82 214.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 127.73 214.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.73 214.60 Td (, ) Tj ET Q q 0 0 0 rg BT 152.06 214.60 Td (likely ) Tj ET Q q 0 0 0 rg BT 176.67 214.60 Td (will ) Tj ET Q q 0 0 0 rg BT 194.05 214.60 Td (not ) Tj ET Q q 0 0 0 rg BT 208.66 214.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 247.14 214.60 Td (the ) Tj ET Q q 0 0 0 rg BT 261.19 214.60 Td (value ) Tj ET Q q 0 0 0 rg BT 284.67 214.60 Td (that ) Tj ET Q q 0 0 0 rg BT 301.50 214.60 Td (will ) Tj ET Q q 0 0 0 rg BT 318.88 214.60 Td (be ) Tj ET Q q 0 0 0 rg BT 330.15 214.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 349.20 214.60 Td (or ) Tj ET Q q 0 0 0 rg BT 359.36 214.60 Td (received ) Tj ET Q q 0 0 0 rg BT 395.05 214.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 416.88 214.60 Td (the ) Tj ET Q q 0 0 0 rg BT 430.93 214.60 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 465.53 214.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 508.46 214.60 Td (or ) Tj ET Q q 0 0 0 rg BT 518.62 214.60 Td (disposition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.60 Td (of ) Tj ET Q q 0 0 0 rg BT 61.33 202.60 Td (these ) Tj ET Q q 0 0 0 rg BT 85.37 202.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 112.19 202.60 Td (and ) Tj ET Q q 0 0 0 rg BT 130.13 202.60 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 173.08 202.60 Td (W) Tj ET Q q 0 0 0 rg BT 181.72 202.60 Td (e ) Tj ET Q q 0 0 0 rg BT 189.66 202.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 219.25 202.60 Td (that ) Tj ET Q q 0 0 0 rg BT 237.74 202.60 Td (the ) Tj ET Q q 0 0 0 rg BT 253.45 202.60 Td (values ) Tj ET Q q 0 0 0 rg BT 282.49 202.60 Td (realized ) Tj ET Q q 0 0 0 rg BT 317.63 202.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 358.32 202.60 Td (will ) Tj ET Q q 0 0 0 rg BT 377.37 202.60 Td (be ) Tj ET Q q 0 0 0 rg BT 390.31 202.60 Td (based ) Tj ET Q q 0 0 0 rg BT 416.57 202.60 Td (on ) Tj ET Q q 0 0 0 rg BT 430.07 202.60 Td (market ) Tj ET Q q 0 0 0 rg BT 461.33 202.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 506.49 202.60 Td (at ) Tj ET Q q 0 0 0 rg BT 517.20 202.60 Td (the ) Tj ET Q q 0 0 0 rg BT 532.91 202.60 Td (time ) Tj ET Q q 0 0 0 rg BT 554.18 202.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.60 Td (settlement, ) Tj ET Q q 0 0 0 rg BT 96.25 190.60 Td (which ) Tj ET Q q 0 0 0 rg BT 123.85 190.60 Td (may ) Tj ET Q q 0 0 0 rg BT 144.22 190.60 Td (occur ) Tj ET Q q 0 0 0 rg BT 169.58 190.60 Td (at ) Tj ET Q q 0 0 0 rg BT 179.95 190.60 Td (the ) Tj ET Q q 0 0 0 rg BT 195.32 190.60 Td (maturity ) Tj ET Q q 0 0 0 rg BT 232.36 190.60 Td (of ) Tj ET Q q 0 0 0 rg BT 243.84 190.60 Td (the ) Tj ET Q q 0 0 0 rg BT 259.21 190.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 302.35 190.60 Td (instrument ) Tj ET Q q 0 0 0 rg BT 348.27 190.60 Td (or ) Tj ET Q q 0 0 0 rg BT 359.76 190.60 Td (at ) Tj ET Q q 0 0 0 rg BT 370.13 190.60 Td (the ) Tj ET Q q 0 0 0 rg BT 385.50 190.60 Td (time ) Tj ET Q q 0 0 0 rg BT 406.43 190.60 Td (of ) Tj ET Q q 0 0 0 rg BT 417.91 190.60 Td (the ) Tj ET Q q 0 0 0 rg BT 433.28 190.60 Td (repayment ) Tj ET Q q 0 0 0 rg BT 478.64 190.60 Td (or ) Tj ET Q q 0 0 0 rg BT 490.13 190.60 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 538.81 190.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.30 190.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 95.33 178.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 115.04 178.60 Td (instrument.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 154.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 88.00 154.60 Td (GAAP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.86 154.60 Td ( ) Tj ET Q q 0 0 0 rg BT 117.57 154.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 154.73 154.60 Td (for ) Tj ET Q q 0 0 0 rg BT 169.11 154.60 Td (a ) Tj ET Q q 0 0 0 rg BT 176.26 154.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 192.86 154.60 Td (value ) Tj ET Q q 0 0 0 rg BT 217.23 154.60 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 257.70 154.60 Td (that ) Tj ET Q q 0 0 0 rg BT 275.41 154.60 Td (prioritizes ) Tj ET Q q 0 0 0 rg BT 318.67 154.60 Td (the ) Tj ET Q q 0 0 0 rg BT 333.61 154.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 360.77 154.60 Td (to ) Tj ET Q q 0 0 0 rg BT 371.27 154.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 411.20 154.60 Td (techniques ) Tj ET Q q 0 0 0 rg BT 456.68 154.60 Td (used ) Tj ET Q q 0 0 0 rg BT 477.72 154.60 Td (to ) Tj ET Q q 0 0 0 rg BT 488.22 154.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 524.25 154.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 540.85 154.60 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 142.60 Td (into ) Tj ET Q q 0 0 0 rg BT 67.13 142.60 Td (three ) Tj ET Q q 0 0 0 rg BT 89.18 142.60 Td (broad ) Tj ET Q q 0 0 0 rg BT 114.02 142.60 Td (levels. ) Tj ET Q q 0 0 0 rg BT 141.91 142.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 166.75 142.60 Td (1 ) Tj ET Q q 0 0 0 rg BT 173.82 142.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 200.33 142.60 Td (are ) Tj ET Q q 0 0 0 rg BT 214.61 142.60 Td (quoted ) Tj ET Q q 0 0 0 rg BT 243.90 142.60 Td (market ) Tj ET Q q 0 0 0 rg BT 273.73 142.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 299.67 142.60 Td (in ) Tj ET Q q 0 0 0 rg BT 309.52 142.60 Td (active ) Tj ET Q q 0 0 0 rg BT 335.46 142.60 Td (markets ) Tj ET Q q 0 0 0 rg BT 369.19 142.60 Td (for ) Tj ET Q q 0 0 0 rg BT 382.92 142.60 Td (identical ) Tj ET Q q 0 0 0 rg BT 419.42 142.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 444.82 142.60 Td (or ) Tj ET Q q 0 0 0 rg BT 455.21 142.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 494.50 142.60 Td (that ) Tj ET Q q 0 0 0 rg BT 511.57 142.60 Td (the ) Tj ET Q q 0 0 0 rg BT 525.85 142.60 Td (reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.60 Td (entity ) Tj ET Q q 0 0 0 rg BT 74.58 130.60 Td (has ) Tj ET Q q 0 0 0 rg BT 90.22 130.60 Td (the ) Tj ET Q q 0 0 0 rg BT 104.74 130.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 132.60 130.60 Td (to ) Tj ET Q q 0 0 0 rg BT 142.69 130.60 Td (access ) Tj ET Q q 0 0 0 rg BT 170.53 130.60 Td (at ) Tj ET Q q 0 0 0 rg BT 180.05 130.60 Td (the ) Tj ET Q q 0 0 0 rg BT 194.58 130.60 Td (measurement ) Tj ET Q q 0 0 0 rg BT 250.20 130.60 Td (date. ) Tj ET Q q 0 0 0 rg BT 271.66 130.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 296.73 130.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 304.04 130.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 330.79 130.60 Td (are ) Tj ET Q q 0 0 0 rg BT 345.31 130.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 372.06 130.60 Td (other ) Tj ET Q q 0 0 0 rg BT 394.92 130.60 Td (than ) Tj ET Q q 0 0 0 rg BT 414.44 130.60 Td (quoted ) Tj ET Q q 0 0 0 rg BT 443.96 130.60 Td (market ) Tj ET Q q 0 0 0 rg BT 474.03 130.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 500.22 130.60 Td (included ) Tj ET Q q 0 0 0 rg BT 536.96 130.60 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 75.23 118.60 Td (1 ) Tj ET Q q 0 0 0 rg BT 83.19 118.60 Td (that ) Tj ET Q q 0 0 0 rg BT 101.15 118.60 Td (are ) Tj ET Q q 0 0 0 rg BT 116.33 118.60 Td (observable ) Tj ET Q q 0 0 0 rg BT 162.61 118.60 Td (for ) Tj ET Q q 0 0 0 rg BT 177.23 118.60 Td (the ) Tj ET Q q 0 0 0 rg BT 192.42 118.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 214.82 118.60 Td (or ) Tj ET Q q 0 0 0 rg BT 226.11 118.60 Td (liability) Tj ET Q q 0 0 0 rg BT 256.57 118.60 Td (, ) Tj ET Q q 0 0 0 rg BT 262.04 118.60 Td (either ) Tj ET Q q 0 0 0 rg BT 287.77 118.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 321.28 118.60 Td (or ) Tj ET Q q 0 0 0 rg BT 332.57 118.60 Td (indirectly) Tj ET Q q 0 0 0 rg BT 370.24 118.60 Td (. ) Tj ET Q q 0 0 0 rg BT 375.71 118.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 401.44 118.60 Td (3 ) Tj ET Q q 0 0 0 rg BT 409.40 118.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 436.81 118.60 Td (are ) Tj ET Q q 0 0 0 rg BT 451.99 118.60 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 508.27 118.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 535.68 118.60 Td (for ) Tj ET Q q 0 0 0 rg BT 550.31 118.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.60 Td (asset ) Tj ET Q q 0 0 0 rg BT 71.75 106.60 Td (or ) Tj ET Q q 0 0 0 rg BT 82.90 106.60 Td (liability) Tj ET Q q 0 0 0 rg BT 113.36 106.60 Td (. ) Tj ET Q q 0 0 0 rg BT 118.47 106.60 Td (W) Tj ET Q q 0 0 0 rg BT 127.10 106.60 Td (e ) Tj ET Q q 0 0 0 rg BT 134.36 106.60 Td (record ) Tj ET Q q 0 0 0 rg BT 162.71 106.60 Td (transfers ) Tj ET Q q 0 0 0 rg BT 199.95 106.60 Td (of ) Tj ET Q q 0 0 0 rg BT 211.09 106.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 237.24 106.60 Td (or ) Tj ET Q q 0 0 0 rg BT 248.38 106.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 288.41 106.60 Td (into ) Tj ET Q q 0 0 0 rg BT 306.78 106.60 Td (or ) Tj ET Q q 0 0 0 rg BT 317.93 106.60 Td (out ) Tj ET Q q 0 0 0 rg BT 333.52 106.60 Td (of ) Tj ET Q q 0 0 0 rg BT 344.66 106.60 Td (Levels ) Tj ET Q q 0 0 0 rg BT 374.13 106.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 384.45 106.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 392.26 106.60 Td (or ) Tj ET Q q 0 0 0 rg BT 403.40 106.60 Td (3 ) Tj ET Q q 0 0 0 rg BT 411.22 106.60 Td (at ) Tj ET Q q 0 0 0 rg BT 421.25 106.60 Td (the ) Tj ET Q q 0 0 0 rg BT 436.28 106.60 Td (beginning ) Tj ET Q q 0 0 0 rg BT 479.09 106.60 Td (of ) Tj ET Q q 0 0 0 rg BT 490.23 106.60 Td (the ) Tj ET Q q 0 0 0 rg BT 505.26 106.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 536.39 106.60 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.60 Td (which ) Tj ET Q q 0 0 0 rg BT 76.44 94.60 Td (the ) Tj ET Q q 0 0 0 rg BT 91.16 94.60 Td (transfer ) Tj ET Q q 0 0 0 rg BT 124.19 94.60 Td (occurred. ) Tj ET Q q 0 0 0 rg BT 164.17 94.60 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 94.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 94.60 Td (, ) Tj ET Q q 0 0 0 rg BT 220.00 94.60 Td (no ) Tj ET Q q 0 0 0 rg BT 232.50 94.60 Td (such ) Tj ET Q q 0 0 0 rg BT 253.33 94.60 Td (transfers ) Tj ET Q q 0 0 0 rg BT 290.26 94.60 Td (were ) Tj ET Q q 0 0 0 rg BT 312.19 94.60 Td (made.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 70.60 Td (All ) Tj ET Q q 0 0 0 rg BT 82.74 70.60 Td (of ) Tj ET Q q 0 0 0 rg BT 93.53 70.60 Td (our ) Tj ET Q q 0 0 0 rg BT 109.31 70.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 134.54 70.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 141.99 70.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 168.90 70.60 Td (\(interest ) Tj ET Q q 0 0 0 rg BT 204.12 70.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 221.57 70.60 Td (futures ) Tj ET Q q 0 0 0 rg BT 251.79 70.60 Td (and ) Tj ET Q q 0 0 0 rg BT 268.69 70.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 291.70 70.60 Td (rates\) ) Tj ET Q q 0 0 0 rg BT 316.37 70.60 Td (and ) Tj ET Q q 0 0 0 rg BT 333.26 70.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 362.92 70.60 Td (of ) Tj ET Q q 0 0 0 rg BT 373.71 70.60 Td (our ) Tj ET Q q 0 0 0 rg BT 389.50 70.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 414.72 70.60 Td (3 ) Tj ET Q q 0 0 0 rg BT 422.18 70.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 449.09 70.60 Td (\(credit ) Tj ET Q q 0 0 0 rg BT 477.64 70.60 Td (spreads\) ) Tj ET Q q 0 0 0 rg BT 513.42 70.60 Td (are ) Tj ET Q q 0 0 0 rg BT 528.09 70.60 Td (obtained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.60 Td (from ) Tj ET Q q 0 0 0 rg BT 70.97 58.60 Td (pricing ) Tj ET Q q 0 0 0 rg BT 101.34 58.60 Td (services. ) Tj ET Q q 0 0 0 rg BT 137.93 58.60 Td (These ) Tj ET Q q 0 0 0 rg BT 163.85 58.60 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 192.83 58.60 Td (or ) Tj ET Q q 0 0 0 rg BT 203.20 58.60 Td (interpolations ) Tj ET Q q 0 0 0 rg BT 260.22 58.60 Td (or ) Tj ET Q q 0 0 0 rg BT 270.59 58.60 Td (extrapolations ) Tj ET Q q 0 0 0 rg BT 329.27 58.60 Td (thereof, ) Tj ET Q q 0 0 0 rg BT 362.13 58.60 Td (are ) Tj ET Q q 0 0 0 rg BT 376.37 58.60 Td (used ) Tj ET Q q 0 0 0 rg BT 396.74 58.60 Td (in ) Tj ET Q q 0 0 0 rg BT 406.55 58.60 Td (our ) Tj ET Q q 0 0 0 rg BT 421.92 58.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 454.49 58.60 Td (models ) Tj ET Q q 0 0 0 rg BT 485.42 58.60 Td (to ) Tj ET Q q 0 0 0 rg BT 495.23 58.60 Td (calculate, ) Tj ET Q q 0 0 0 rg BT 535.30 58.60 Td (among ) Tj ET Q endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 708.60 Td (other ) Tj ET Q q 0 0 0 rg BT 73.53 708.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 101.19 708.60 Td (yield ) Tj ET Q q 0 0 0 rg BT 124.67 708.60 Td (curves ) Tj ET Q q 0 0 0 rg BT 154.26 708.60 Td (and ) Tj ET Q q 0 0 0 rg BT 172.18 708.60 Td (forward ) Tj ET Q q 0 0 0 rg BT 207.32 708.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 240.24 708.60 Td (and ) Tj ET Q q 0 0 0 rg BT 258.17 708.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 296.63 708.60 Td (rates. ) Tj ET Q q 0 0 0 rg BT 321.50 708.60 Td (In ) Tj ET Q q 0 0 0 rg BT 333.31 708.60 Td (the ) Tj ET Q q 0 0 0 rg BT 349.02 708.60 Td (normal ) Tj ET Q q 0 0 0 rg BT 380.83 708.60 Td (course ) Tj ET Q q 0 0 0 rg BT 410.42 708.60 Td (of ) Tj ET Q q 0 0 0 rg BT 422.24 708.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 462.12 708.60 Td (we ) Tj ET Q q 0 0 0 rg BT 477.26 708.60 Td (receive ) Tj ET Q q 0 0 0 rg BT 509.61 708.60 Td (market ) Tj ET Q q 0 0 0 rg BT 540.87 708.60 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.60 Td (assessments ) Tj ET Q q 0 0 0 rg BT 99.81 696.60 Td (from ) Tj ET Q q 0 0 0 rg BT 121.22 696.60 Td (the ) Tj ET Q q 0 0 0 rg BT 135.42 696.60 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 194.04 696.60 Td (to ) Tj ET Q q 0 0 0 rg BT 203.79 696.60 Td (our ) Tj ET Q q 0 0 0 rg BT 219.10 696.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 261.06 696.60 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 301.19 696.60 Td (Although ) Tj ET Q q 0 0 0 rg BT 340.95 696.60 Td (we ) Tj ET Q q 0 0 0 rg BT 354.59 696.60 Td (compare ) Tj ET Q q 0 0 0 rg BT 390.99 696.60 Td (these ) Tj ET Q q 0 0 0 rg BT 413.51 696.60 Td (assessments ) Tj ET Q q 0 0 0 rg BT 463.82 696.60 Td (to ) Tj ET Q q 0 0 0 rg BT 473.58 696.60 Td (our ) Tj ET Q q 0 0 0 rg BT 488.88 696.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 521.40 696.60 Td (valuations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 684.60 Td (and ) Tj ET Q q 0 0 0 rg BT 65.33 684.60 Td (investigate ) Tj ET Q q 0 0 0 rg BT 110.04 684.60 Td (unexpected ) Tj ET Q q 0 0 0 rg BT 156.97 684.60 Td (dif) Tj ET Q q 0 0 0 rg BT 167.89 684.60 Td (ferences, ) Tj ET Q q 0 0 0 rg BT 205.09 684.60 Td (we ) Tj ET Q q 0 0 0 rg BT 218.14 684.60 Td (do ) Tj ET Q q 0 0 0 rg BT 229.53 684.60 Td (not ) Tj ET Q q 0 0 0 rg BT 243.70 684.60 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 283.97 684.60 Td (rely ) Tj ET Q q 0 0 0 rg BT 300.91 684.60 Td (on ) Tj ET Q q 0 0 0 rg BT 312.30 684.60 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 364.23 684.60 Td (quotes ) Tj ET Q q 0 0 0 rg BT 391.73 684.60 Td (to ) Tj ET Q q 0 0 0 rg BT 400.90 684.60 Td (determine ) Tj ET Q q 0 0 0 rg BT 442.27 684.60 Td (the ) Tj ET Q q 0 0 0 rg BT 455.88 684.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 471.15 684.60 Td (values ) Tj ET Q q 0 0 0 rg BT 498.08 684.60 Td (of ) Tj ET Q q 0 0 0 rg BT 507.81 684.60 Td (our ) Tj ET Q q 0 0 0 rg BT 522.53 684.60 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 672.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 100.98 672.60 Td (The ) Tj ET Q q 0 0 0 rg BT 119.03 672.60 Td (midpoints ) Tj ET Q q 0 0 0 rg BT 161.54 672.60 Td (of ) Tj ET Q q 0 0 0 rg BT 172.37 672.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 215.96 672.60 Td (bid ) Tj ET Q q 0 0 0 rg BT 231.23 672.60 Td (and ) Tj ET Q q 0 0 0 rg BT 248.17 672.60 Td (ask ) Tj ET Q q 0 0 0 rg BT 264.00 672.60 Td (ranges ) Tj ET Q q 0 0 0 rg BT 292.60 672.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 332.30 672.60 Td (are ) Tj ET Q q 0 0 0 rg BT 347.01 672.60 Td (used ) Tj ET Q q 0 0 0 rg BT 367.84 672.60 Td (as ) Tj ET Q q 0 0 0 rg BT 378.67 672.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 405.62 672.60 Td (for ) Tj ET Q q 0 0 0 rg BT 419.78 672.60 Td (our ) Tj ET Q q 0 0 0 rg BT 435.61 672.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 468.65 672.60 Td (valuations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 648.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.26 648.60 Td (order ) Tj ET Q q 0 0 0 rg BT 101.80 648.60 Td (to ) Tj ET Q q 0 0 0 rg BT 112.01 648.60 Td (manage ) Tj ET Q q 0 0 0 rg BT 145.54 648.60 Td (our ) Tj ET Q q 0 0 0 rg BT 161.30 648.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 193.17 648.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 210.59 648.60 Td (and ) Tj ET Q q 0 0 0 rg BT 227.46 648.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 258.77 648.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 296.18 648.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 336.37 648.60 Td (risk, ) Tj ET Q q 0 0 0 rg BT 356.30 648.60 Td (we ) Tj ET Q q 0 0 0 rg BT 370.40 648.60 Td (have ) Tj ET Q q 0 0 0 rg BT 391.71 648.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 423.57 648.60 Td (into ) Tj ET Q q 0 0 0 rg BT 441.56 648.60 Td (various ) Tj ET Q q 0 0 0 rg BT 473.43 648.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 515.84 648.60 Td (instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 636.60 Td (as ) Tj ET Q q 0 0 0 rg BT 60.41 636.60 Td (further ) Tj ET Q q 0 0 0 rg BT 90.20 636.60 Td (described ) Tj ET Q q 0 0 0 rg BT 131.09 636.60 Td (in ) Tj ET Q q 0 0 0 rg BT 141.45 636.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.25 636.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.25 636.60 Td (. ) Tj ET Q q 0 0 0 rg BT 171.14 636.60 Td (The ) Tj ET Q q 0 0 0 rg BT 189.27 636.60 Td (recurring ) Tj ET Q q 0 0 0 rg BT 228.49 636.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 244.95 636.60 Td (value ) Tj ET Q q 0 0 0 rg BT 269.18 636.60 Td (measurements ) Tj ET Q q 0 0 0 rg BT 328.96 636.60 Td (of ) Tj ET Q q 0 0 0 rg BT 339.87 636.60 Td (these ) Tj ET Q q 0 0 0 rg BT 363.00 636.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 412.24 636.60 Td (are ) Tj ET Q q 0 0 0 rg BT 427.03 636.60 Td (determined ) Tj ET Q q 0 0 0 rg BT 474.59 636.60 Td (using ) Tj ET Q q 0 0 0 rg BT 498.84 636.60 Td (discounted ) Tj ET Q q 0 0 0 rg BT 544.75 636.60 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 624.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 70.13 624.60 Td (models. ) Tj ET Q q 0 0 0 rg BT 103.82 624.60 Td (Most ) Tj ET Q q 0 0 0 rg BT 126.68 624.60 Td (of ) Tj ET Q q 0 0 0 rg BT 137.31 624.60 Td (the ) Tj ET Q q 0 0 0 rg BT 151.83 624.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 178.58 624.60 Td (to ) Tj ET Q q 0 0 0 rg BT 188.66 624.60 Td (these ) Tj ET Q q 0 0 0 rg BT 211.51 624.60 Td (discounted ) Tj ET Q q 0 0 0 rg BT 257.14 624.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 277.21 624.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 297.84 624.60 Td (models ) Tj ET Q q 0 0 0 rg BT 329.02 624.60 Td (consist ) Tj ET Q q 0 0 0 rg BT 359.10 624.60 Td (of, ) Tj ET Q q 0 0 0 rg BT 372.24 624.60 Td (or ) Tj ET Q q 0 0 0 rg BT 382.87 624.60 Td (are ) Tj ET Q q 0 0 0 rg BT 397.38 624.60 Td (derived ) Tj ET Q q 0 0 0 rg BT 429.66 624.60 Td (from, ) Tj ET Q q 0 0 0 rg BT 453.90 624.60 Td (observable ) Tj ET Q q 0 0 0 rg BT 499.52 624.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 524.58 624.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 531.88 624.60 Td (data ) Tj ET Q q 0 0 0 rg BT 550.84 624.60 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.60 Td (substantially ) Tj ET Q q 0 0 0 rg BT 102.77 612.60 Td (the ) Tj ET Q q 0 0 0 rg BT 117.70 612.60 Td (full ) Tj ET Q q 0 0 0 rg BT 134.30 612.60 Td (term ) Tj ET Q q 0 0 0 rg BT 155.35 612.60 Td (of ) Tj ET Q q 0 0 0 rg BT 166.39 612.60 Td (these ) Tj ET Q q 0 0 0 rg BT 189.66 612.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 241.34 612.60 Td (This ) Tj ET Q q 0 0 0 rg BT 261.83 612.60 Td (observable ) Tj ET Q q 0 0 0 rg BT 307.87 612.60 Td (data ) Tj ET Q q 0 0 0 rg BT 327.24 612.60 Td (mostly ) Tj ET Q q 0 0 0 rg BT 357.18 612.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 393.22 612.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 425.37 612.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 443.07 612.60 Td (futures ) Tj ET Q q 0 0 0 rg BT 473.56 612.60 Td (and ) Tj ET Q q 0 0 0 rg BT 490.71 612.60 Td (swap ) Tj ET Q q 0 0 0 rg BT 513.98 612.60 Td (rates, ) Tj ET Q q 0 0 0 rg BT 538.08 612.60 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 600.60 Td (are ) Tj ET Q q 0 0 0 rg BT 64.66 600.60 Td (retrieved ) Tj ET Q q 0 0 0 rg BT 103.14 600.60 Td (or ) Tj ET Q q 0 0 0 rg BT 114.42 600.60 Td (derived ) Tj ET Q q 0 0 0 rg BT 147.36 600.60 Td (from ) Tj ET Q q 0 0 0 rg BT 169.75 600.60 Td (available ) Tj ET Q q 0 0 0 rg BT 208.79 600.60 Td (market ) Tj ET Q q 0 0 0 rg BT 239.51 600.60 Td (data. ) Tj ET Q q 0 0 0 rg BT 260.96 600.60 Td (Although ) Tj ET Q q 0 0 0 rg BT 301.69 600.60 Td (we ) Tj ET Q q 0 0 0 rg BT 316.30 600.60 Td (may ) Tj ET Q q 0 0 0 rg BT 336.47 600.60 Td (extrapolate ) Tj ET Q q 0 0 0 rg BT 383.84 600.60 Td (or ) Tj ET Q q 0 0 0 rg BT 395.13 600.60 Td (interpolate ) Tj ET Q q 0 0 0 rg BT 440.84 600.60 Td (this ) Tj ET Q q 0 0 0 rg BT 458.24 600.60 Td (data, ) Tj ET Q q 0 0 0 rg BT 480.34 600.60 Td (we ) Tj ET Q q 0 0 0 rg BT 494.95 600.60 Td (do ) Tj ET Q q 0 0 0 rg BT 507.91 600.60 Td (not ) Tj ET Q q 0 0 0 rg BT 523.64 600.60 Td (otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.60 Td (alter ) Tj ET Q q 0 0 0 rg BT 69.23 588.60 Td (this ) Tj ET Q q 0 0 0 rg BT 85.65 588.60 Td (data ) Tj ET Q q 0 0 0 rg BT 104.28 588.60 Td (in ) Tj ET Q q 0 0 0 rg BT 114.03 588.60 Td (performing ) Tj ET Q q 0 0 0 rg BT 160.98 588.60 Td (our ) Tj ET Q q 0 0 0 rg BT 176.28 588.60 Td (valuations. ) Tj ET Q q 0 0 0 rg BT 221.71 588.60 Td (W) Tj ET Q q 0 0 0 rg BT 230.35 588.60 Td (e ) Tj ET Q q 0 0 0 rg BT 236.76 588.60 Td (use ) Tj ET Q q 0 0 0 rg BT 252.06 588.60 Td (a ) Tj ET Q q 0 0 0 rg BT 258.47 588.60 Td (Monte ) Tj ET Q q 0 0 0 rg BT 286.55 588.60 Td (Carlo ) Tj ET Q q 0 0 0 rg BT 310.73 588.60 Td (based ) Tj ET Q q 0 0 0 rg BT 335.47 588.60 Td (approach ) Tj ET Q q 0 0 0 rg BT 374.09 588.60 Td (to ) Tj ET Q q 0 0 0 rg BT 383.84 588.60 Td (incorporate ) Tj ET Q q 0 0 0 rg BT 431.34 588.60 Td (a ) Tj ET Q q 0 0 0 rg BT 437.75 588.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 462.48 588.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 479.45 588.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 518.63 588.60 Td (adjustment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.91 576.60 Td (our ) Tj ET Q q 0 0 0 rg BT 75.87 576.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 92.38 576.60 Td (value ) Tj ET Q q 0 0 0 rg BT 116.66 576.60 Td (measurements ) Tj ET Q q 0 0 0 rg BT 176.50 576.60 Td (to ) Tj ET Q q 0 0 0 rg BT 186.91 576.60 Td (estimate ) Tj ET Q q 0 0 0 rg BT 222.86 576.60 Td (the ) Tj ET Q q 0 0 0 rg BT 237.71 576.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 267.55 576.60 Td (of ) Tj ET Q q 0 0 0 rg BT 278.51 576.60 Td (both ) Tj ET Q q 0 0 0 rg BT 298.92 576.60 Td (our ) Tj ET Q q 0 0 0 rg BT 314.88 576.60 Td (own ) Tj ET Q q 0 0 0 rg BT 334.73 576.60 Td (nonperformance ) Tj ET Q q 0 0 0 rg BT 402.88 576.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 420.52 576.60 Td (and ) Tj ET Q q 0 0 0 rg BT 437.58 576.60 Td (the ) Tj ET Q q 0 0 0 rg BT 452.43 576.60 Td (nonperformance ) Tj ET Q q 0 0 0 rg BT 520.59 576.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 538.22 576.60 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 576.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td (counterparties. ) Tj ET Q q 0 0 0 rg BT 110.99 564.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 128.89 564.60 Td (and ) Tj ET Q q 0 0 0 rg BT 145.67 564.60 Td (our ) Tj ET Q q 0 0 0 rg BT 161.35 564.60 Td (counterparties) Tj ET Q q 0 0 0 rg BT 220.58 564.60 Td ( ) Tj ET Q q 0 0 0 rg BT 222.93 564.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 248.04 564.60 Td (spreads ) Tj ET Q q 0 0 0 rg BT 280.38 564.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 319.37 564.60 Td (our ) Tj ET Q q 0 0 0 rg BT 335.05 564.60 Td (most ) Tj ET Q q 0 0 0 rg BT 356.84 564.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 401.40 564.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 426.51 564.60 Td (3 ) Tj ET Q q 0 0 0 rg BT 433.86 564.60 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 463.16 564.60 Td (and ) Tj ET Q q 0 0 0 rg BT 479.94 564.60 Td (these ) Tj ET Q q 0 0 0 rg BT 502.84 564.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 529.63 564.60 Td (are ) Tj ET Q q 0 0 0 rg BT 544.19 564.60 Td (used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (to ) Tj ET Q q 0 0 0 rg BT 60.17 552.60 Td (derive ) Tj ET Q q 0 0 0 rg BT 88.04 552.60 Td (the ) Tj ET Q q 0 0 0 rg BT 103.15 552.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 128.81 552.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 146.70 552.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 186.80 552.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 237.46 552.60 Td (with ) Tj ET Q q 0 0 0 rg BT 258.13 552.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 289.34 552.60 Td (to ) Tj ET Q q 0 0 0 rg BT 300.01 552.60 Td (these ) Tj ET Q q 0 0 0 rg BT 323.45 552.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 374.86 552.60 Td (As ) Tj ET Q q 0 0 0 rg BT 388.87 552.60 Td (we ) Tj ET Q q 0 0 0 rg BT 403.42 552.60 Td (would ) Tj ET Q q 0 0 0 rg BT 431.31 552.60 Td (not ) Tj ET Q q 0 0 0 rg BT 446.98 552.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 475.96 552.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 511.06 552.60 Td (in ) Tj ET Q q 0 0 0 rg BT 521.73 552.60 Td (our ) Tj ET Q q 0 0 0 rg BT 537.95 552.60 Td (or ) Tj ET Q q 0 0 0 rg BT 549.17 552.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (counterparties) Tj ET Q q 0 0 0 rg BT 108.73 540.60 Td ( ) Tj ET Q q 0 0 0 rg BT 111.40 540.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 136.83 540.60 Td (spreads ) Tj ET Q q 0 0 0 rg BT 169.50 540.60 Td (to ) Tj ET Q q 0 0 0 rg BT 179.94 540.60 Td (have ) Tj ET Q q 0 0 0 rg BT 201.49 540.60 Td (a ) Tj ET Q q 0 0 0 rg BT 208.60 540.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 253.48 540.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 283.37 540.60 Td (on ) Tj ET Q q 0 0 0 rg BT 296.04 540.60 Td (the ) Tj ET Q q 0 0 0 rg BT 310.93 540.60 Td (valuations ) Tj ET Q q 0 0 0 rg BT 354.70 540.60 Td (of ) Tj ET Q q 0 0 0 rg BT 365.70 540.60 Td (these ) Tj ET Q q 0 0 0 rg BT 388.92 540.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 440.75 540.60 Td (we ) Tj ET Q q 0 0 0 rg BT 455.09 540.60 Td (have ) Tj ET Q q 0 0 0 rg BT 476.63 540.60 Td (determined ) Tj ET Q q 0 0 0 rg BT 524.29 540.60 Td (that ) Tj ET Q q 0 0 0 rg BT 541.95 540.60 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (valuations ) Tj ET Q q 0 0 0 rg BT 93.13 528.60 Td (fall ) Tj ET Q q 0 0 0 rg BT 108.98 528.60 Td (under ) Tj ET Q q 0 0 0 rg BT 134.28 528.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 159.57 528.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 167.10 528.60 Td (of ) Tj ET Q q 0 0 0 rg BT 177.95 528.60 Td (the ) Tj ET Q q 0 0 0 rg BT 192.70 528.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 209.10 528.60 Td (value ) Tj ET Q q 0 0 0 rg BT 233.28 528.60 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 270.39 528.60 Td (. ) Tj ET Q q 0 0 0 rg BT 275.41 528.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 293.49 528.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 318.78 528.60 Td (risk ) Tj ET Q q 0 0 0 rg BT 336.31 528.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 376.05 528.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 426.35 528.60 Td (with ) Tj ET Q q 0 0 0 rg BT 446.65 528.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 477.50 528.60 Td (to ) Tj ET Q q 0 0 0 rg BT 487.80 528.60 Td (our ) Tj ET Q q 0 0 0 rg BT 503.66 528.60 Td (cross-currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 516.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 98.37 516.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.86 516.60 Td (swaps ) Tj ET Q q 0 0 0 rg BT 142.80 516.60 Td (are ) Tj ET Q q 0 0 0 rg BT 157.51 516.60 Td (quantified ) Tj ET Q q 0 0 0 rg BT 200.55 516.60 Td (and ) Tj ET Q q 0 0 0 rg BT 217.49 516.60 Td (further ) Tj ET Q q 0 0 0 rg BT 247.20 516.60 Td (explained ) Tj ET Q q 0 0 0 rg BT 288.57 516.60 Td (in ) Tj ET Q q 0 0 0 rg BT 298.85 516.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.56 516.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.56 516.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 492.60 Td (Fair ) Tj ET Q q 0 0 0 rg BT 85.88 492.60 Td (value ) Tj ET Q q 0 0 0 rg BT 109.80 492.60 Td (measurements ) Tj ET Q q 0 0 0 rg BT 169.27 492.60 Td (are ) Tj ET Q q 0 0 0 rg BT 183.75 492.60 Td (also ) Tj ET Q q 0 0 0 rg BT 202.13 492.60 Td (used ) Tj ET Q q 0 0 0 rg BT 222.73 492.60 Td (in ) Tj ET Q q 0 0 0 rg BT 232.78 492.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 278.92 492.60 Td (with ) Tj ET Q q 0 0 0 rg BT 298.97 492.60 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 352.88 492.60 Td (valuations ) Tj ET Q q 0 0 0 rg BT 396.25 492.60 Td (performed ) Tj ET Q q 0 0 0 rg BT 440.17 492.60 Td (in ) Tj ET Q q 0 0 0 rg BT 450.22 492.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 496.36 492.60 Td (with ) Tj ET Q q 0 0 0 rg BT 516.41 492.60 Td (impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.60 Td (assessments ) Tj ET Q q 0 0 0 rg BT 102.89 480.60 Td (and ) Tj ET Q q 0 0 0 rg BT 122.39 480.60 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 171.33 480.60 Td (accounting. ) Tj ET Q q 0 0 0 rg BT 222.76 480.60 Td (During ) Tj ET Q q 0 0 0 rg BT 256.15 480.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 281.21 480.60 Td (and ) Tj ET Q q 0 0 0 rg BT 300.71 480.60 Td (2017, ) Tj ET Q q 0 0 0 rg BT 328.27 480.60 Td (we ) Tj ET Q q 0 0 0 rg BT 344.99 480.60 Td (did ) Tj ET Q q 0 0 0 rg BT 362.83 480.60 Td (not ) Tj ET Q q 0 0 0 rg BT 380.66 480.60 Td (perform ) Tj ET Q q 0 0 0 rg BT 417.93 480.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 465.20 480.60 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 521.91 480.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 540.84 480.60 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.60 Td (measurements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 444.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 444.60 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.83 444.60 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 443.03505859375 m 151.2314453125 443.03505859375 l s q 0 0 0 rg BT 76.50 444.60 Td (Long-lived ) Tj ET Q q 0 0 0 rg BT 124.57 444.60 Td (Assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.23 444.60 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 422.60 Td (Property ) Tj ET Q q 0 0 0 rg BT 96.55 422.60 Td (and ) Tj ET Q q 0 0 0 rg BT 114.61 422.60 Td (Equipment, ) Tj ET Q q 0 0 0 rg BT 165.17 422.60 Td (Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 398.60 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 398.60 Td (details ) Tj ET Q q 0 0 0 rg BT 114.15 398.60 Td (of ) Tj ET Q q 0 0 0 rg BT 124.98 398.60 Td (our ) Tj ET Q q 0 0 0 rg BT 140.81 398.60 Td (property ) Tj ET Q q 0 0 0 rg BT 177.19 398.60 Td (and ) Tj ET Q q 0 0 0 rg BT 194.13 398.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 238.84 398.60 Td (and ) Tj ET Q q 0 0 0 rg BT 255.78 398.60 Td (the ) Tj ET Q q 0 0 0 rg BT 270.49 398.60 Td (related ) Tj ET Q q 0 0 0 rg BT 300.20 398.60 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 353.22 398.60 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 405.14 398.60 Td (are ) Tj ET Q q 0 0 0 rg BT 419.85 398.60 Td (set ) Tj ET Q q 0 0 0 rg BT 433.46 398.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 455.40 398.60 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 51.00 359.10 297.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 348.00 359.10 84.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 432.00 359.10 4.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 436.00 359.10 124.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.00 332.10 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 332.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 332.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 332.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 332.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 332.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.00 302.10 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 302.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 302.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 302.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 302.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 302.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.00 272.10 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 272.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 272.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 272.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 272.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 272.10 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 359.1 m 432 359.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 373.1 m 496 373.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 359.1 m 496 359.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 373.1 m 500 373.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 373.1 m 560 373.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 359.1 m 560 359.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 302.1 m 496 302.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 302.1 m 560 302.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 272.1 m 496 272.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 272.1 m 560 272.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 258.1 m 496 258.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 256.1 m 496 256.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 272.1 m 560 272.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 258.1 m 560 258.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 256.1 m 560 256.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.35 379.50 Td (Estimated useful) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.60 370.50 Td (life at) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.20 361.55 Td (December) Tj ET Q q 0 0 0 rg BT 392.09 361.55 Td ( 31, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.30 377.55 Td (December) Tj ET Q q 0 0 0 rg BT 510.11 377.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 363.55 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.50 363.55 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.35 350.50 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 336.77 Td (Distribution systems) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.80 336.77 Td (4 to 30 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 336.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 336.77 Td (5,226.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 336.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 336.77 Td (4,791.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 321.77 Td (Customer premises equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 321.77 Td (3 to 5 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 321.77 Td (753.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 321.77 Td (566.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 306.77 Td (Support equipment, buildings and land) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.80 306.77 Td (3 to 25 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 306.77 Td (1,129.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 306.77 Td (931.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 291.77 Td (7,109.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 291.77 Td (6,289.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 276.77 Td (Accumulated depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 276.82 Td (\(1,788.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 276.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.30 276.82 Td (\(857.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.15 276.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 261.77 Td (T) Tj ET Q q 0 0 0 rg BT 70.91 261.77 Td (otal property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 261.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 261.77 Td (5,320.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 261.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 261.77 Td (5,431.7) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 233.60 Td (Depreciation ) Tj ET Q q 0 0 0 rg BT 121.93 233.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 156.92 233.60 Td (related ) Tj ET Q q 0 0 0 rg BT 186.90 233.60 Td (to ) Tj ET Q q 0 0 0 rg BT 197.47 233.60 Td (our ) Tj ET Q q 0 0 0 rg BT 213.58 233.60 Td (property ) Tj ET Q q 0 0 0 rg BT 250.24 233.60 Td (and ) Tj ET Q q 0 0 0 rg BT 267.47 233.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 312.46 233.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.80 233.60 Td (934.6 ) Tj ET Q q 0 0 0 rg BT 361.08 233.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.98 233.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.26 233.60 Td (864.2 ) Tj ET Q q 0 0 0 rg BT 425.54 233.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.44 233.60 Td ( ) Tj ET Q q 0 0 0 rg BT 457.22 233.60 Td (and ) Tj ET Q q 0 0 0 rg BT 474.44 233.60 Td (529.8 ) Tj ET Q q 0 0 0 rg BT 504.73 233.60 Td (million ) Tj ET Q q 0 0 0 rg BT 536.41 233.60 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 221.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 221.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 221.60 Td ( ) Tj ET Q q 0 0 0 rg BT 97.00 221.60 Td (and ) Tj ET Q q 0 0 0 rg BT 113.94 221.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 138.94 221.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 186.60 221.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 197.60 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.92 197.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.92 197.60 Td ( ) Tj ET Q q 0 0 0 rg BT 122.02 197.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.61 197.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.61 197.60 Td ( ) Tj ET Q q 0 0 0 rg BT 150.71 197.60 Td (and ) Tj ET Q q 0 0 0 rg BT 168.24 197.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 193.84 197.60 Td (we ) Tj ET Q q 0 0 0 rg BT 208.59 197.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 246.66 197.60 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 285.86 197.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 325.60 197.60 Td (to ) Tj ET Q q 0 0 0 rg BT 336.47 197.60 Td (our ) Tj ET Q q 0 0 0 rg BT 352.89 197.60 Td (property ) Tj ET Q q 0 0 0 rg BT 389.87 197.60 Td (and ) Tj ET Q q 0 0 0 rg BT 407.40 197.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 452.71 197.60 Td (related ) Tj ET Q q 0 0 0 rg BT 483.00 197.60 Td (to ) Tj ET Q q 0 0 0 rg BT 493.88 197.60 Td (vendor ) Tj ET Q q 0 0 0 rg BT 524.74 197.60 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 106.45 185.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.86 185.60 Td (572.7 ) Tj ET Q q 0 0 0 rg BT 148.44 185.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.33 185.60 Td (, ) Tj ET Q q 0 0 0 rg BT 182.92 185.60 Td (330.6 ) Tj ET Q q 0 0 0 rg BT 213.50 185.60 Td (million ) Tj ET Q q 0 0 0 rg BT 245.48 185.60 Td (and ) Tj ET Q q 0 0 0 rg BT 263.00 185.60 Td (179.7 ) Tj ET Q q 0 0 0 rg BT 293.58 185.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 328.06 185.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 375.72 185.60 Td (, ) Tj ET Q q 0 0 0 rg BT 381.30 185.60 Td (which ) Tj ET Q q 0 0 0 rg BT 408.82 185.60 Td (exclude ) Tj ET Q q 0 0 0 rg BT 443.00 185.60 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.06 185.60 Td (V) Tj ET Q q 0 0 0 rg BT 479.00 185.60 Td (A) Tj ET Q q 0 0 0 rg BT 485.11 185.60 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.04 185.60 Td ( ) Tj ET Q q 0 0 0 rg BT 494.12 185.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.53 185.60 Td (45.3 ) Tj ET Q q 0 0 0 rg BT 531.12 185.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.01 185.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.60 Td (13.5 ) Tj ET Q q 0 0 0 rg BT 74.50 173.60 Td (million ) Tj ET Q q 0 0 0 rg BT 105.89 173.60 Td (and ) Tj ET Q q 0 0 0 rg BT 122.83 173.60 Td (20.1 ) Tj ET Q q 0 0 0 rg BT 147.83 173.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 181.72 173.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 229.38 173.60 Td (, ) Tj ET Q q 0 0 0 rg BT 234.38 173.60 Td (that ) Tj ET Q q 0 0 0 rg BT 251.88 173.60 Td (was ) Tj ET Q q 0 0 0 rg BT 269.93 173.60 Td (also ) Tj ET Q q 0 0 0 rg BT 288.54 173.60 Td (financed ) Tj ET Q q 0 0 0 rg BT 325.46 173.60 Td (by ) Tj ET Q q 0 0 0 rg BT 337.96 173.60 Td (our ) Tj ET Q q 0 0 0 rg BT 353.79 173.60 Td (vendors ) Tj ET Q q 0 0 0 rg BT 387.95 173.60 Td (under ) Tj ET Q q 0 0 0 rg BT 413.22 173.60 Td (these ) Tj ET Q q 0 0 0 rg BT 436.27 173.60 Td (arrangements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.63 173.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 149.60 Td (All ) Tj ET Q q 0 0 0 rg BT 83.28 149.60 Td (of ) Tj ET Q q 0 0 0 rg BT 94.60 149.60 Td (the ) Tj ET Q q 0 0 0 rg BT 109.82 149.60 Td (support ) Tj ET Q q 0 0 0 rg BT 142.82 149.60 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 190.53 149.60 Td (buildings ) Tj ET Q q 0 0 0 rg BT 230.75 149.60 Td (and ) Tj ET Q q 0 0 0 rg BT 248.19 149.60 Td (land ) Tj ET Q q 0 0 0 rg BT 268.40 149.60 Td (is ) Tj ET Q q 0 0 0 rg BT 278.07 149.60 Td (pledged ) Tj ET Q q 0 0 0 rg BT 312.72 149.60 Td (as ) Tj ET Q q 0 0 0 rg BT 324.05 149.60 Td (security ) Tj ET Q q 0 0 0 rg BT 358.71 149.60 Td (under ) Tj ET Q q 0 0 0 rg BT 384.47 149.60 Td (our ) Tj ET Q q 0 0 0 rg BT 400.80 149.60 Td (various ) Tj ET Q q 0 0 0 rg BT 433.24 149.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 453.45 149.60 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 505.62 149.60 Td (For ) Tj ET Q q 0 0 0 rg BT 522.50 149.60 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.60 Td (information, ) Tj ET Q q 0 0 0 rg BT 101.71 137.60 Td (see ) Tj ET Q q 0 0 0 rg BT 116.98 137.60 Td (note ) Tj ET Q q 0 0 0 rg BT 136.70 137.60 Td (9.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 113.60 Td (During ) Tj ET Q q 0 0 0 rg BT 98.60 113.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 123.87 113.60 Td (2017 ) Tj ET Q q 0 0 0 rg BT 146.63 113.60 Td (and ) Tj ET Q q 0 0 0 rg BT 163.84 113.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 189.11 113.60 Td (we ) Tj ET Q q 0 0 0 rg BT 203.53 113.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 241.28 113.60 Td (impairment ) Tj ET Q q 0 0 0 rg BT 290.14 113.60 Td (char) Tj ET Q q 0 0 0 rg BT 307.17 113.60 Td (ges ) Tj ET Q q 0 0 0 rg BT 323.27 113.60 Td (of ) Tj ET Q q 0 0 0 rg BT 334.37 113.60 Td (1.9 ) Tj ET Q q 0 0 0 rg BT 354.63 113.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 388.79 113.60 Td (2.7 ) Tj ET Q q 0 0 0 rg BT 409.06 113.60 Td (million ) Tj ET Q q 0 0 0 rg BT 440.72 113.60 Td (and ) Tj ET Q q 0 0 0 rg BT 457.92 113.60 Td (1.1 ) Tj ET Q q 0 0 0 rg BT 478.19 113.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 512.35 113.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 113.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.60 Td (These ) Tj ET Q q 0 0 0 rg BT 75.88 101.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 112.26 101.60 Td (were ) Tj ET Q q 0 0 0 rg BT 134.19 101.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 173.90 101.60 Td (related ) Tj ET Q q 0 0 0 rg BT 203.61 101.60 Td (to ) Tj ET Q q 0 0 0 rg BT 213.88 101.60 Td (tangible ) Tj ET Q q 0 0 0 rg BT 248.60 101.60 Td (assets. ) Tj ET Q endstream endobj 145 0 obj <> endobj 146 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-51) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 708.75 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 684.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 86.28 684.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 125.06 684.75 Td (represents ) Tj ET Q q 0 0 0 rg BT 168.82 684.75 Td (the ) Tj ET Q q 0 0 0 rg BT 184.26 684.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 212.48 684.75 Td (of ) Tj ET Q q 0 0 0 rg BT 224.04 684.75 Td (the ) Tj ET Q q 0 0 0 rg BT 239.25 684.75 Td (V) Tj ET Q q 0 0 0 rg BT 245.18 684.75 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 304.50 684.75 Td (JV) Tj ET Q q 0 0 0 rg BT 315.43 684.75 Td ( ) Tj ET Q q 0 0 0 rg BT 318.66 684.75 Td (contributed ) Tj ET Q q 0 0 0 rg BT 367.42 684.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 412.87 684.75 Td (in ) Tj ET Q q 0 0 0 rg BT 423.87 684.75 Td (excess ) Tj ET Q q 0 0 0 rg BT 453.20 684.75 Td (of ) Tj ET Q q 0 0 0 rg BT 464.75 684.75 Td (the ) Tj ET Q q 0 0 0 rg BT 480.19 684.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 497.30 684.75 Td (value ) Tj ET Q q 0 0 0 rg BT 522.18 684.75 Td (of ) Tj ET Q q 0 0 0 rg BT 533.73 684.75 Td (our ) Tj ET Q q 0 0 0 rg BT 550.29 684.75 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 672.75 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 98.24 672.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 124.77 672.75 Td (and ) Tj ET Q q 0 0 0 rg BT 142.42 672.75 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 185.10 672.75 Td (There ) Tj ET Q q 0 0 0 rg BT 211.62 672.75 Td (was ) Tj ET Q q 0 0 0 rg BT 230.38 672.75 Td (no ) Tj ET Q q 0 0 0 rg BT 243.58 672.75 Td (change ) Tj ET Q q 0 0 0 rg BT 275.10 672.75 Td (in ) Tj ET Q q 0 0 0 rg BT 286.08 672.75 Td (the ) Tj ET Q q 0 0 0 rg BT 301.50 672.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 338.02 672.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 371.22 672.75 Td (of ) Tj ET Q q 0 0 0 rg BT 382.75 672.75 Td (our ) Tj ET Q q 0 0 0 rg BT 399.28 672.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 438.04 672.75 Td (during ) Tj ET Q q 0 0 0 rg BT 467.35 672.75 Td (2018. ) Tj ET Q q 0 0 0 rg BT 493.06 672.75 Td (During ) Tj ET Q q 0 0 0 rg BT 524.59 672.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 550.29 672.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 85.70 660.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 118.57 660.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.78 660.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.99 660.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 184.43 660.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 225.06 660.75 Td (by ) Tj ET Q q 0 0 0 rg BT 237.94 660.75 Td (65.1 ) Tj ET Q q 0 0 0 rg BT 263.32 660.75 Td (million ) Tj ET Q q 0 0 0 rg BT 295.09 660.75 Td (due ) Tj ET Q q 0 0 0 rg BT 312.41 660.75 Td (to ) Tj ET Q q 0 0 0 rg BT 323.07 660.75 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 400.36 660.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 451.02 660.75 Td (in ) Tj ET Q q 0 0 0 rg BT 461.67 660.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 508.43 660.75 Td (with ) Tj ET Q q 0 0 0 rg BT 529.08 660.75 Td (the ) Tj ET Q q 0 0 0 rg BT 544.18 660.75 Td (final ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 648.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 89.21 648.75 Td (of ) Tj ET Q q 0 0 0 rg BT 100.04 648.75 Td (the ) Tj ET Q q 0 0 0 rg BT 114.76 648.75 Td (JV) Tj ET Q q 0 0 0 rg BT 125.69 648.75 Td ( ) Tj ET Q q 0 0 0 rg BT 128.01 648.75 Td (T) Tj ET Q q 0 0 0 rg BT 133.77 648.75 Td (ransaction. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 624.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.51 624.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 115.75 624.75 Td (and ) Tj ET Q q 0 0 0 rg BT 132.65 624.75 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 173.98 624.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 218.10 624.75 Td (are ) Tj ET Q q 0 0 0 rg BT 232.76 624.75 Td (experiencing ) Tj ET Q q 0 0 0 rg BT 286.87 624.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 331.54 624.75 Td (competition. ) Tj ET Q q 0 0 0 rg BT 384.27 624.75 Td (In ) Tj ET Q q 0 0 0 rg BT 395.06 624.75 Td (particular) Tj ET Q q 0 0 0 rg BT 432.97 624.75 Td (, ) Tj ET Q q 0 0 0 rg BT 437.93 624.75 Td (our ) Tj ET Q q 0 0 0 rg BT 453.72 624.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 483.96 624.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 528.07 624.75 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.86 612.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 105.75 612.75 Td (pressure ) Tj ET Q q 0 0 0 rg BT 141.65 612.75 Td (on ) Tj ET Q q 0 0 0 rg BT 154.23 612.75 Td (pricing, ) Tj ET Q q 0 0 0 rg BT 187.64 612.75 Td (characterized ) Tj ET Q q 0 0 0 rg BT 243.51 612.75 Td (by ) Tj ET Q q 0 0 0 rg BT 256.09 612.75 Td (aggressive ) Tj ET Q q 0 0 0 rg BT 300.88 612.75 Td (promotion ) Tj ET Q q 0 0 0 rg BT 345.13 612.75 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 392.98 612.75 Td (heavy ) Tj ET Q q 0 0 0 rg BT 419.44 612.75 Td (marketing ) Tj ET Q q 0 0 0 rg BT 462.56 612.75 Td (spend ) Tj ET Q q 0 0 0 rg BT 488.47 612.75 Td (and ) Tj ET Q q 0 0 0 rg BT 505.50 612.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 549.17 612.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 600.75 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 90.34 600.75 Td (data ) Tj ET Q q 0 0 0 rg BT 109.50 600.75 Td (bundles. ) Tj ET Q q 0 0 0 rg BT 145.61 600.75 Td (In ) Tj ET Q q 0 0 0 rg BT 156.45 600.75 Td (light ) Tj ET Q q 0 0 0 rg BT 177.29 600.75 Td (of ) Tj ET Q q 0 0 0 rg BT 188.13 600.75 Td (these ) Tj ET Q q 0 0 0 rg BT 211.18 600.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 243.39 600.75 Td (as ) Tj ET Q q 0 0 0 rg BT 254.23 600.75 Td (well ) Tj ET Q q 0 0 0 rg BT 273.95 600.75 Td (as ) Tj ET Q q 0 0 0 rg BT 284.79 600.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 328.39 600.75 Td (and ) Tj ET Q q 0 0 0 rg BT 345.33 600.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 386.71 600.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 418.93 600.75 Td (we ) Tj ET Q q 0 0 0 rg BT 433.09 600.75 Td (could ) Tj ET Q q 0 0 0 rg BT 457.82 600.75 Td (conclude ) Tj ET Q q 0 0 0 rg BT 496.42 600.75 Td (in ) Tj ET Q q 0 0 0 rg BT 506.70 600.75 Td (future ) Tj ET Q q 0 0 0 rg BT 533.08 600.75 Td (periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.75 Td (that ) Tj ET Q q 0 0 0 rg BT 67.31 588.75 Td (an ) Tj ET Q q 0 0 0 rg BT 79.55 588.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 128.46 588.75 Td (of ) Tj ET Q q 0 0 0 rg BT 139.60 588.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 177.97 588.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 197.72 588.75 Td (to ) Tj ET Q q 0 0 0 rg BT 208.31 588.75 Td (a ) Tj ET Q q 0 0 0 rg BT 215.55 588.75 Td (lesser ) Tj ET Q q 0 0 0 rg BT 241.13 588.75 Td (extent, ) Tj ET Q q 0 0 0 rg BT 270.88 588.75 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 314.79 588.75 Td (assets, ) Tj ET Q q 0 0 0 rg BT 343.43 588.75 Td (is ) Tj ET Q q 0 0 0 rg BT 352.91 588.75 Td (required.) Tj ET Q q 0 0 0 rg BT 390.67 588.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 410.71 588.75 Td (such ) Tj ET Q q 0 0 0 rg BT 431.85 588.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 480.75 588.75 Td (of ) Tj ET Q q 0 0 0 rg BT 491.90 588.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 530.26 588.75 Td (or ) Tj ET Q q 0 0 0 rg BT 541.40 588.75 Td (long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.75 Td (lived ) Tj ET Q q 0 0 0 rg BT 72.00 576.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 97.83 576.75 Td (could ) Tj ET Q q 0 0 0 rg BT 122.54 576.75 Td (be ) Tj ET Q q 0 0 0 rg BT 134.48 576.75 Td (significant. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 552.75 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 103.42 552.75 Td (Assets ) Tj ET Q q 0 0 0 rg BT 131.48 552.75 Td (Subject ) Tj ET Q q 0 0 0 rg BT 164.54 552.75 Td (to ) Tj ET Q q 0 0 0 rg BT 174.44 552.75 Td (Amortization, ) Tj ET Q q 0 0 0 rg BT 233.35 552.75 Td (Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 528.75 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 528.75 Td (details ) Tj ET Q q 0 0 0 rg BT 114.15 528.75 Td (of ) Tj ET Q q 0 0 0 rg BT 124.98 528.75 Td (our ) Tj ET Q q 0 0 0 rg BT 140.81 528.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 183.30 528.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 209.13 528.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 239.96 528.75 Td (to ) Tj ET Q q 0 0 0 rg BT 250.23 528.75 Td (amortization ) Tj ET Q q 0 0 0 rg BT 303.27 528.75 Td (are ) Tj ET Q q 0 0 0 rg BT 317.98 528.75 Td (set ) Tj ET Q q 0 0 0 rg BT 331.59 528.75 Td (forth ) Tj ET Q q 0 0 0 rg BT 353.53 528.75 Td (below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 460.25 182.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 460.25 49.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 460.25 57.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 460.25 47.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 460.25 48.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 460.25 57.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 460.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 460.25 49.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 433.25 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 433.25 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 433.25 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 433.25 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 433.25 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 433.25 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 433.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 433.25 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 403.25 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 403.25 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 403.25 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 403.25 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 403.25 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 403.25 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 403.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 403.25 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 503.25 m 284 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 503.25 m 288 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 503.25 m 345 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 503.25 m 349 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 503.25 m 396 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 503.25 m 448 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 503.25 m 452 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 503.25 m 509 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 503.25 m 513 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 503.25 m 562 503.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 472.25 m 284 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 472.25 m 288 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 472.25 m 345 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 472.25 m 349 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 472.25 m 396 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 472.25 m 400 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 472.25 m 448 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 472.25 m 452 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 472.25 m 509 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 472.25 m 513 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 472.25 m 562 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 403.25 m 345 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 403.25 m 562 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 403.25 m 284 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 389.25 m 284 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 387.25 m 284 387.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 403.25 m 345 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 389.25 m 345 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 387.25 m 345 387.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 403.25 m 396 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 389.25 m 396 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 387.25 m 396 387.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 403.25 m 448 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 389.25 m 448 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 387.25 m 448 387.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 403.25 m 509 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 389.25 m 509 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 387.25 m 509 387.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 403.25 m 562 403.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 389.25 m 562 389.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 387.25 m 562 387.25 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.70 507.70 Td (December) Tj ET Q q 0 0 0 rg BT 317.59 507.70 Td ( 31, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.20 507.70 Td (December) Tj ET Q q 0 0 0 rg BT 483.09 507.70 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.80 494.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 258.71 494.65 Td (oss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 242.50 485.65 Td (carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.20 476.65 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.50 485.70 Td (Accumulated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.25 476.70 Td (amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.25 494.65 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.50 485.65 Td (carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.20 476.65 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.30 494.65 Td (Gr) Tj ET Q q 0 0 0 rg BT 423.21 494.65 Td (oss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 485.65 Td (carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.70 476.65 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.50 485.70 Td (Accumulated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.25 476.70 Td (amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 494.65 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.50 485.65 Td (carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.20 476.65 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.85 463.65 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 438.82 Td (Customer relationships \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.10 437.92 Td (6,440.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.80 437.97 Td (\(1,039.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 437.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.10 437.92 Td (5,400.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.10 437.92 Td (6,440.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 437.97 Td (\(519.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 437.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 437.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.10 437.92 Td (5,920.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 423.82 Td (Licenses \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.10 422.92 Td (1,078.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.30 422.97 Td (\(173.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 422.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 422.92 Td (905.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.10 422.92 Td (1,078.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 422.97 Td (\(86.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 422.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 422.92 Td (992.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 408.82 Td (T) Tj ET Q q 0 0 0 rg BT 57.26 408.82 Td (rade name \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.65 407.92 Td (270.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.30 407.97 Td (\(21.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 407.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 407.92 Td (248.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 407.92 Td (270.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 407.97 Td (\(10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 407.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 407.92 Td (259.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 393.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.41 393.82 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.10 392.92 Td (7,788.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.80 392.97 Td (\(1,234.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 392.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.10 392.92 Td (6,554.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.10 392.92 Td (7,788.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 392.97 Td (\(617.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 392.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 392.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.10 392.92 Td (7,171.5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.75 Td (______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 352.75 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 76.50 352.75 Td (The ) Tj ET Q q 0 0 0 rg BT 94.55 352.75 Td (weighted ) Tj ET Q q 0 0 0 rg BT 133.70 352.75 Td (average ) Tj ET Q q 0 0 0 rg BT 167.29 352.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 194.22 352.75 Td (life ) Tj ET Q q 0 0 0 rg BT 210.05 352.75 Td (of ) Tj ET Q q 0 0 0 rg BT 220.88 352.75 Td (our ) Tj ET Q q 0 0 0 rg BT 236.71 352.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 275.87 352.75 Td (relationships ) Tj ET Q q 0 0 0 rg BT 329.47 352.75 Td (was ) Tj ET Q q 0 0 0 rg BT 347.52 352.75 Td (approximately ) Tj ET Q q 0 0 0 rg BT 407.78 352.75 Td (15 ) Tj ET Q q 0 0 0 rg BT 420.28 352.75 Td (years ) Tj ET Q q 0 0 0 rg BT 443.88 352.75 Td (as ) Tj ET Q q 0 0 0 rg BT 454.71 352.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.54 352.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 524.12 352.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.12 352.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.75 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 76.50 328.75 Td (Represents ) Tj ET Q q 0 0 0 rg BT 121.91 328.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 160.65 328.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 189.95 328.75 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 228.14 328.75 Td (licenses ) Tj ET Q q 0 0 0 rg BT 261.32 328.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 303.95 328.75 Td (with ) Tj ET Q q 0 0 0 rg BT 323.25 328.75 Td (the ) Tj ET Q q 0 0 0 rg BT 337.00 328.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 366.30 328.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 409.49 328.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.24 328.75 Td (V) Tj ET Q q 0 0 0 rg BT 425.17 328.75 Td (odafone ) Tj ET Q q 0 0 0 rg BT 458.91 328.75 Td (NL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.24 328.75 Td (. ) Tj ET Q q 0 0 0 rg BT 476.16 328.75 Td (The ) Tj ET Q q 0 0 0 rg BT 493.23 328.75 Td (weighted ) Tj ET Q q 0 0 0 rg BT 531.42 328.75 Td (average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 316.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 103.44 316.75 Td (life ) Tj ET Q q 0 0 0 rg BT 119.26 316.75 Td (of ) Tj ET Q q 0 0 0 rg BT 130.09 316.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.92 316.75 Td (licenses ) Tj ET Q q 0 0 0 rg BT 180.08 316.75 Td (was ) Tj ET Q q 0 0 0 rg BT 198.13 316.75 Td (approximately ) Tj ET Q q 0 0 0 rg BT 258.39 316.75 Td (13 ) Tj ET Q q 0 0 0 rg BT 270.89 316.75 Td (years ) Tj ET Q q 0 0 0 rg BT 294.49 316.75 Td (as ) Tj ET Q q 0 0 0 rg BT 305.32 316.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 316.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 374.73 316.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.73 316.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.75 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 76.50 292.75 Td (Represents ) Tj ET Q q 0 0 0 rg BT 122.79 292.75 Td (the ) Tj ET Q q 0 0 0 rg BT 137.42 292.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 163.72 292.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 186.12 292.75 Td (name. ) Tj ET Q q 0 0 0 rg BT 212.69 292.75 Td (In ) Tj ET Q q 0 0 0 rg BT 223.43 292.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 269.72 292.75 Td (with ) Tj ET Q q 0 0 0 rg BT 289.91 292.75 Td (the ) Tj ET Q q 0 0 0 rg BT 304.54 292.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 320.83 292.75 Td (value ) Tj ET Q q 0 0 0 rg BT 344.90 292.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 391.75 292.75 Td (of ) Tj ET Q q 0 0 0 rg BT 402.50 292.75 Td (our ) Tj ET Q q 0 0 0 rg BT 418.24 292.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 443.98 292.75 Td (and ) Tj ET Q q 0 0 0 rg BT 460.83 292.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 500.47 292.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 522.88 292.75 Td (closing ) Tj ET Q q 0 0 0 rg BT 554.18 292.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 280.75 Td (the ) Tj ET Q q 0 0 0 rg BT 91.22 280.75 Td (JV) Tj ET Q q 0 0 0 rg BT 102.15 280.75 Td ( ) Tj ET Q q 0 0 0 rg BT 104.47 280.75 Td (T) Tj ET Q q 0 0 0 rg BT 110.23 280.75 Td (ransaction, ) Tj ET Q q 0 0 0 rg BT 156.32 280.75 Td (we ) Tj ET Q q 0 0 0 rg BT 170.48 280.75 Td (concluded ) Tj ET Q q 0 0 0 rg BT 214.07 280.75 Td (that ) Tj ET Q q 0 0 0 rg BT 231.57 280.75 Td (the ) Tj ET Q q 0 0 0 rg BT 246.29 280.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 272.67 280.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 295.16 280.75 Td (name ) Tj ET Q q 0 0 0 rg BT 319.31 280.75 Td (has ) Tj ET Q q 0 0 0 rg BT 335.14 280.75 Td (an ) Tj ET Q q 0 0 0 rg BT 347.08 280.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 387.90 280.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 414.84 280.75 Td (life ) Tj ET Q q 0 0 0 rg BT 430.67 280.75 Td (of ) Tj ET Q q 0 0 0 rg BT 441.50 280.75 Td (25 ) Tj ET Q q 0 0 0 rg BT 454.00 280.75 Td (years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 256.75 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 122.43 256.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 156.24 256.75 Td (related ) Tj ET Q q 0 0 0 rg BT 185.05 256.75 Td (to ) Tj ET Q q 0 0 0 rg BT 194.43 256.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 236.03 256.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 260.97 256.75 Td (with ) Tj ET Q q 0 0 0 rg BT 280.35 256.75 Td (finite ) Tj ET Q q 0 0 0 rg BT 303.06 256.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 329.11 256.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 349.60 256.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.76 256.75 Td (617.4 ) Tj ET Q q 0 0 0 rg BT 395.86 256.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.76 256.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.86 256.75 Td (621.9 ) Tj ET Q q 0 0 0 rg BT 457.97 256.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.86 256.75 Td ( ) Tj ET Q q 0 0 0 rg BT 488.47 256.75 Td (and ) Tj ET Q q 0 0 0 rg BT 504.51 256.75 Td (387.6 ) Tj ET Q q 0 0 0 rg BT 533.62 256.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 244.75 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.25 244.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.25 244.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.39 244.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.39 244.75 Td ( ) Tj ET Q q 0 0 0 rg BT 126.04 244.75 Td (and ) Tj ET Q q 0 0 0 rg BT 143.12 244.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 168.26 244.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 215.92 244.75 Td (. ) Tj ET Q q 0 0 0 rg BT 221.07 244.75 Td (Based ) Tj ET Q q 0 0 0 rg BT 248.15 244.75 Td (on ) Tj ET Q q 0 0 0 rg BT 260.79 244.75 Td (our ) Tj ET Q q 0 0 0 rg BT 276.76 244.75 Td (amortizable ) Tj ET Q q 0 0 0 rg BT 326.60 244.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 369.24 244.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 391.32 244.75 Td (balances ) Tj ET Q q 0 0 0 rg BT 428.39 244.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.25 244.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 496.97 244.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.97 244.75 Td (, ) Tj ET Q q 0 0 0 rg BT 522.12 244.75 Td (we ) Tj ET Q q 0 0 0 rg BT 536.42 244.75 Td (expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.75 Td (that ) Tj ET Q q 0 0 0 rg BT 67.00 232.75 Td (amortization ) Tj ET Q q 0 0 0 rg BT 120.03 232.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 154.74 232.75 Td (will ) Tj ET Q q 0 0 0 rg BT 172.80 232.75 Td (be ) Tj ET Q q 0 0 0 rg BT 184.73 232.75 Td (as ) Tj ET Q q 0 0 0 rg BT 195.56 232.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 228.06 232.75 Td (for ) Tj ET Q q 0 0 0 rg BT 242.22 232.75 Td (the ) Tj ET Q q 0 0 0 rg BT 256.94 232.75 Td (next ) Tj ET Q q 0 0 0 rg BT 276.66 232.75 Td (five ) Tj ET Q q 0 0 0 rg BT 294.71 232.75 Td (years ) Tj ET Q q 0 0 0 rg BT 318.30 232.75 Td (and ) Tj ET Q q 0 0 0 rg BT 335.24 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0 0 rg BT 53.00 211.92 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 211.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 211.92 Td (614.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 196.92 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 196.92 Td (607.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 181.92 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 181.92 Td (605.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 166.92 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 166.92 Td (601.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 151.92 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 151.92 Td (601.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 137.82 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 137.82 Td (3,522.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 122.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.41 122.82 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 122.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 122.82 Td (6,554.1) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 147 0 obj <> endobj 148 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 45.00 699.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.33 699.75 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.33 699.75 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 72 698.18505859375 m 224.2412109375 698.18505859375 l s q 0 0 0 rg BT 72.00 699.75 Td (Debt ) Tj ET Q q 0 0 0 rg BT 95.05 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 113.67 699.75 Td (Capital ) Tj ET Q q 0 0 0 rg BT 147.84 699.75 Td (Lease ) Tj ET Q q 0 0 0 rg BT 174.78 699.75 Td (Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 677.75 Td (The ) Tj ET Q q 0 0 0 rg BT 81.05 677.75 Td (euro ) Tj ET Q q 0 0 0 rg BT 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/GS0 gs 497.25 584.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.25 584.25 61.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.25 552.25 262.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.25 552.25 61.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.25 552.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.25 552.25 61.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.25 552.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.25 552.25 61.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.25 552.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.25 552.25 61.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.25 520.25 262.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.25 520.25 61.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.25 520.25 4.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.25 520.25 61.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.25 520.25 4.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.25 520.25 61.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.25 520.25 4.00 -29.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.25 520.25 61.00 -29.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.25 653.25 m 367.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.25 653.25 m 371.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 653.25 m 432.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 653.25 m 497.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.25 653.25 m 501.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.25 653.25 m 562.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.25 611.25 m 367.25 611.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 653.25 m 432.25 653.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 611.25 m 432.25 611.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 611.25 m 497.25 611.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.25 611.25 m 562.25 611.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.25 520.25 m 367.25 520.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.25 492.25 m 367.25 492.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.25 490.25 m 367.25 490.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 520.25 m 432.25 520.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 492.25 m 432.25 492.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.25 490.25 m 432.25 490.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 520.25 m 497.25 520.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 492.25 m 497.25 492.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 490.25 m 497.25 490.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.25 520.25 m 562.25 520.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.25 492.25 m 562.25 492.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.25 490.25 m 562.25 490.25 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.45 657.70 Td (December) Tj ET Q q 0 0 0 rg BT 371.34 657.70 Td ( 31, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.10 657.70 Td (Principal amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.95 642.70 Td (W) Tj ET Q q 0 0 0 rg BT 326.70 642.70 Td (eighted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.25 633.70 Td (average) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.95 624.70 Td (inter) Tj ET Q q 0 0 0 rg BT 331.36 624.70 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.00 615.70 Td (\(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.70 633.70 Td (Unused) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.05 624.70 Td (borr) Tj ET Q q 0 0 0 rg BT 398.46 624.70 Td (owing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.60 615.70 Td (capacity \(b\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.05 624.70 Td (December) Tj ET Q q 0 0 0 rg BT 478.94 624.70 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.25 615.70 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.05 624.70 Td (December) Tj ET Q q 0 0 0 rg BT 543.94 624.70 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.25 615.70 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.10 602.65 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 46.75 589.82 Td (Subsidiaries:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.75 574.82 Td (Senior and Senior Secured Notes \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.90 572.92 Td (5.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.40 572.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.75 572.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.40 572.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.75 572.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.40 572.92 Td (5,431.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.75 572.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.90 572.92 Td (814.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.75 558.82 Td (Credit Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.90 556.92 Td (3.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.40 556.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.90 556.92 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.40 556.92 Td (4,455.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.40 556.92 Td (4,350.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.75 542.82 Td (SPE Notes \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.40 542.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.40 542.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.40 542.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.40 542.82 Td (4,491.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.75 526.82 Td (V) Tj ET Q q 0 0 0 rg BT 58.86 526.82 Td (endor financing \(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.90 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10.00 Tf ET q 0 0 0 rg BT 523.40 495.92 Td (10,406.9) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 45.00 479.75 Td (___________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 455.75 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 455.75 Td (Represents ) Tj ET Q q 0 0 0 rg BT 117.89 455.75 Td (the ) Tj ET Q q 0 0 0 rg BT 132.12 455.75 Td (weighted ) Tj ET Q q 0 0 0 rg BT 170.78 455.75 Td (average ) Tj ET Q q 0 0 0 rg BT 203.88 455.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 235.33 455.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 252.32 455.75 Td (in ) Tj ET Q q 0 0 0 rg BT 262.11 455.75 Td (ef) Tj ET Q q 0 0 0 rg BT 269.70 455.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 286.70 455.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.93 455.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 354.02 455.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.02 455.75 Td ( ) Tj ET Q q 0 0 0 rg BT 376.03 455.75 Td (for ) Tj ET Q q 0 0 0 rg BT 389.71 455.75 Td (all ) Tj ET Q q 0 0 0 rg BT 401.71 455.75 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 449.28 455.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 497.95 455.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 534.40 455.75 Td (to ) Tj ET Q q 0 0 0 rg BT 544.19 455.75 Td (each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 443.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 91.83 443.75 Td (instrument, ) Tj ET Q q 0 0 0 rg BT 139.71 443.75 Td (including ) Tj ET Q q 0 0 0 rg BT 180.09 443.75 Td (any ) Tj ET Q q 0 0 0 rg BT 197.14 443.75 Td (applicable ) Tj ET Q q 0 0 0 rg BT 240.84 443.75 Td (mar) Tj ET Q q 0 0 0 rg BT 256.21 443.75 Td (gin. ) Tj ET Q q 0 0 0 rg BT 273.91 443.75 Td (The ) Tj ET Q q 0 0 0 rg BT 292.06 443.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 324.11 443.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 345.59 443.75 Td (presented ) Tj ET Q q 0 0 0 rg BT 386.52 443.75 Td (represent ) Tj ET Q q 0 0 0 rg BT 425.77 443.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 451.71 443.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 473.20 443.75 Td (and ) Tj ET Q q 0 0 0 rg BT 490.24 443.75 Td (do ) Tj ET Q q 0 0 0 rg BT 502.85 443.75 Td (not ) Tj ET Q q 0 0 0 rg BT 518.24 443.75 Td (include ) Tj ET Q q 0 0 0 rg BT 550.29 443.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 431.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 101.98 431.75 Td (of ) Tj ET Q q 0 0 0 rg BT 113.07 431.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 155.81 431.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 207.74 431.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 243.81 431.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 284.34 431.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 309.60 431.75 Td (original ) Tj ET Q q 0 0 0 rg BT 343.47 431.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 366.23 431.75 Td (premiums ) Tj ET Q q 0 0 0 rg BT 408.99 431.75 Td (or ) Tj ET Q q 0 0 0 rg BT 420.09 431.75 Td (discounts ) Tj ET Q q 0 0 0 rg BT 460.63 431.75 Td (and ) Tj ET Q q 0 0 0 rg BT 477.83 431.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 531.14 431.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 552.50 431.75 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 419.75 Td (of ) Tj ET Q q 0 0 0 rg BT 83.36 419.75 Td (which ) Tj ET Q q 0 0 0 rg BT 110.84 419.75 Td (af) Tj ET Q q 0 0 0 rg BT 118.42 419.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 136.44 419.75 Td (our ) Tj ET Q q 0 0 0 rg BT 152.81 419.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 183.60 419.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 202.75 419.75 Td (of ) Tj ET Q q 0 0 0 rg BT 214.11 419.75 Td (borrowing. ) Tj ET Q q 0 0 0 rg BT 261.30 419.75 Td (Including ) Tj ET Q q 0 0 0 rg BT 302.66 419.75 Td (the ) Tj ET Q q 0 0 0 rg BT 317.91 419.75 Td (ef) Tj ET Q q 0 0 0 rg BT 325.50 419.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 347.41 419.75 Td (of ) Tj ET Q q 0 0 0 rg BT 358.78 419.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 401.79 419.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 453.99 419.75 Td (original ) Tj ET Q q 0 0 0 rg BT 488.13 419.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 511.16 419.75 Td (premiums ) Tj ET Q q 0 0 0 rg BT 554.19 419.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 407.75 Td (discounts ) Tj ET Q q 0 0 0 rg BT 112.20 407.75 Td (and ) Tj ET Q q 0 0 0 rg BT 129.07 407.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 182.04 407.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 203.07 407.75 Td (but ) Tj ET Q q 0 0 0 rg BT 218.27 407.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 260.13 407.75 Td (the ) Tj ET Q q 0 0 0 rg BT 274.77 407.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 304.41 407.75 Td (of ) Tj ET Q q 0 0 0 rg BT 315.17 407.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 350.90 407.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 391.09 407.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 416.01 407.75 Td (the ) Tj ET Q q 0 0 0 rg BT 430.65 407.75 Td (weighted ) Tj ET Q q 0 0 0 rg BT 469.74 407.75 Td (average ) Tj ET Q q 0 0 0 rg BT 503.25 407.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 535.10 407.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 552.52 407.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 395.75 Td (our ) Tj ET Q q 0 0 0 rg BT 89.54 395.75 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 132.61 395.75 Td (third-party ) Tj ET Q q 0 0 0 rg BT 179.59 395.75 Td (variable- ) Tj ET Q q 0 0 0 rg BT 219.33 395.75 Td (and ) Tj ET Q q 0 0 0 rg BT 237.98 395.75 Td (fixed-rate ) Tj ET Q q 0 0 0 rg BT 281.05 395.75 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 336.92 395.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.68 395.75 Td (4.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.51 395.75 Td ( ) Tj ET Q q 0 0 0 rg BT 381.72 395.75 Td (and ) Tj ET Q q 0 0 0 rg BT 400.37 395.75 Td (4.5% ) Tj ET Q q 0 0 0 rg BT 425.42 395.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.84 395.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 497.14 395.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.14 395.75 Td ( ) Tj ET Q q 0 0 0 rg BT 521.35 395.75 Td (and ) Tj ET Q q 0 0 0 rg BT 540.00 395.75 Td (2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 383.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 119.66 383.75 Td (. ) Tj ET Q q 0 0 0 rg BT 124.66 383.75 Td (For ) Tj ET Q q 0 0 0 rg BT 141.05 383.75 Td (information ) Tj ET Q q 0 0 0 rg BT 190.76 383.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 231.58 383.75 Td (our ) Tj ET Q q 0 0 0 rg BT 247.41 383.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 289.89 383.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 341.56 383.75 Td (see ) Tj ET Q q 0 0 0 rg BT 356.82 383.75 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.54 383.75 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.54 383.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 359.75 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 359.75 Td (Unused ) Tj ET Q q 0 0 0 rg BT 105.14 359.75 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 149.38 359.75 Td (capacity ) Tj ET Q q 0 0 0 rg BT 185.28 359.75 Td (represents ) Tj ET Q q 0 0 0 rg BT 228.40 359.75 Td (the ) Tj ET Q q 0 0 0 rg BT 243.20 359.75 Td (maximum ) Tj ET Q q 0 0 0 rg BT 286.34 359.75 Td (availability ) Tj ET Q q 0 0 0 rg BT 333.91 359.75 Td (under ) Tj ET Q q 0 0 0 rg BT 359.27 359.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.07 359.75 Td (Credit ) Tj ET Q q 0 0 0 rg BT 401.65 359.75 Td (Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.31 359.75 Td ( ) Tj ET Q q 0 0 0 rg BT 440.89 359.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.70 359.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 509.37 359.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.37 359.75 Td ( ) Tj ET Q q 0 0 0 rg BT 531.95 359.75 Td (without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 347.75 Td (regard ) Tj ET Q q 0 0 0 rg BT 99.59 347.75 Td (to ) Tj ET Q q 0 0 0 rg BT 109.42 347.75 Td (covenant ) Tj ET Q q 0 0 0 rg BT 147.56 347.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 195.70 347.75 Td (calculations ) Tj ET Q q 0 0 0 rg BT 245.51 347.75 Td (or ) Tj ET Q q 0 0 0 rg BT 255.89 347.75 Td (other ) Tj ET Q q 0 0 0 rg BT 278.48 347.75 Td (conditions ) Tj ET Q q 0 0 0 rg BT 322.20 347.75 Td (precedent ) Tj ET Q q 0 0 0 rg BT 363.11 347.75 Td (to ) Tj ET Q q 0 0 0 rg BT 372.94 347.75 Td (borrowing. ) Tj ET Q q 0 0 0 rg BT 418.69 347.75 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.74 347.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 488.88 347.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.88 347.75 Td (, ) Tj ET Q q 0 0 0 rg BT 513.43 347.75 Td (based ) Tj ET Q q 0 0 0 rg BT 538.25 347.75 Td (on ) Tj ET Q q 0 0 0 rg BT 550.30 347.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 335.75 Td (most ) Tj ET Q q 0 0 0 rg BT 93.49 335.75 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 135.52 335.75 Td (applicable ) Tj ET Q q 0 0 0 rg BT 178.65 335.75 Td (leverage ) Tj ET Q q 0 0 0 rg BT 214.56 335.75 Td (covenants ) Tj ET Q q 0 0 0 rg BT 256.59 335.75 Td (and ) Tj ET Q q 0 0 0 rg BT 273.07 335.75 Td (leverage-based ) Tj ET Q q 0 0 0 rg BT 335.08 335.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 374.33 335.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 410.80 335.75 Td (tests, ) Tj ET Q q 0 0 0 rg BT 433.13 335.75 Td (the ) Tj ET Q q 0 0 0 rg BT 447.39 335.75 Td (full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.32 335.75 Td (800.0 ) Tj ET Q q 0 0 0 rg BT 492.87 335.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.76 335.75 Td ( ) Tj ET Q q 0 0 0 rg BT 523.80 335.75 Td (of ) Tj ET Q q 0 0 0 rg BT 534.18 335.75 Td (unused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 323.75 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 115.89 323.75 Td (capacity ) Tj ET Q q 0 0 0 rg BT 151.42 323.75 Td (was ) Tj ET Q q 0 0 0 rg BT 169.20 323.75 Td (available ) Tj ET Q q 0 0 0 rg BT 207.52 323.75 Td (to ) Tj ET Q q 0 0 0 rg BT 217.52 323.75 Td (be ) Tj ET Q q 0 0 0 rg BT 229.19 323.75 Td (borrowed ) Tj ET Q q 0 0 0 rg BT 269.73 323.75 Td (and ) Tj ET Q q 0 0 0 rg BT 286.40 323.75 Td (there ) Tj ET Q q 0 0 0 rg BT 308.61 323.75 Td (were ) Tj ET Q q 0 0 0 rg BT 330.27 323.75 Td (no ) Tj ET Q q 0 0 0 rg BT 342.49 323.75 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 389.15 323.75 Td (on ) Tj ET Q q 0 0 0 rg BT 401.38 323.75 Td (our ) Tj ET Q q 0 0 0 rg BT 416.94 323.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 444.71 323.75 Td (to ) Tj ET Q q 0 0 0 rg BT 454.72 323.75 Td (make ) Tj ET Q q 0 0 0 rg BT 478.60 323.75 Td (loans ) Tj ET Q q 0 0 0 rg BT 501.94 323.75 Td (or ) Tj ET Q q 0 0 0 rg BT 512.49 323.75 Td (distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 311.75 Td (from ) Tj ET Q q 0 0 0 rg BT 93.54 311.75 Td (this ) Tj ET Q q 0 0 0 rg BT 110.10 311.75 Td (availability) Tj ET Q q 0 0 0 rg BT 154.43 311.75 Td (. ) Tj ET Q q 0 0 0 rg BT 159.04 311.75 Td (Upon ) Tj ET Q q 0 0 0 rg BT 183.37 311.75 Td (completion ) Tj ET Q q 0 0 0 rg BT 230.46 311.75 Td (of ) Tj ET Q q 0 0 0 rg BT 240.90 311.75 Td (the ) Tj ET Q q 0 0 0 rg BT 255.22 311.75 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.53 311.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 347.72 311.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.72 311.75 Td ( ) Tj ET Q q 0 0 0 rg BT 369.83 311.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 418.02 311.75 Td (reporting ) Tj ET Q q 0 0 0 rg BT 456.78 311.75 Td (requirements ) Tj ET Q q 0 0 0 rg BT 511.09 311.75 Td (and ) Tj ET Q q 0 0 0 rg BT 527.64 311.75 Td (based ) Tj ET Q q 0 0 0 rg BT 552.51 311.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 299.75 Td (the ) Tj ET Q q 0 0 0 rg BT 85.79 299.75 Td (most ) Tj ET Q q 0 0 0 rg BT 106.82 299.75 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 148.38 299.75 Td (applicable ) Tj ET Q q 0 0 0 rg BT 191.04 299.75 Td (leverage ) Tj ET Q q 0 0 0 rg BT 226.48 299.75 Td (covenants ) Tj ET Q q 0 0 0 rg BT 268.04 299.75 Td (and ) Tj ET Q q 0 0 0 rg BT 284.06 299.75 Td (leverage-based ) Tj ET Q q 0 0 0 rg BT 345.60 299.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 384.38 299.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 420.39 299.75 Td (tests, ) Tj ET Q q 0 0 0 rg BT 442.24 299.75 Td (without ) Tj ET Q q 0 0 0 rg BT 474.38 299.75 Td (considering ) Tj ET Q q 0 0 0 rg BT 522.61 299.75 Td (any ) Tj ET Q q 0 0 0 rg BT 538.63 299.75 Td (actual ) Tj ET Q q 0 0 0 rg BT 565.00 299.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 287.75 Td (or ) Tj ET Q q 0 0 0 rg BT 83.39 287.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 121.44 287.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 156.70 287.75 Td (to ) Tj ET Q q 0 0 0 rg BT 167.54 287.75 Td (our ) Tj ET Q q 0 0 0 rg BT 183.93 287.75 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 228.65 287.75 Td (levels ) Tj ET Q q 0 0 0 rg BT 255.03 287.75 Td (or ) Tj ET Q q 0 0 0 rg BT 266.42 287.75 Td (any ) Tj ET Q q 0 0 0 rg BT 283.92 287.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 320.87 287.75 Td (loaned ) Tj ET Q q 0 0 0 rg BT 350.58 287.75 Td (or ) Tj ET Q q 0 0 0 rg BT 361.97 287.75 Td (distributed ) Tj ET Q q 0 0 0 rg BT 407.80 287.75 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 455.30 287.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.14 287.75 Td (December31, ) Tj ET Q q 0 0 0 rg BT 525.28 287.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.28 287.75 Td (, ) Tj ET Q q 0 0 0 rg BT 550.84 287.75 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 275.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 100.40 275.75 Td (that ) Tj ET Q q 0 0 0 rg BT 117.70 275.75 Td (the ) Tj ET Q q 0 0 0 rg BT 132.23 275.75 Td (full ) Tj ET Q q 0 0 0 rg BT 148.42 275.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 180.72 275.75 Td (of ) Tj ET Q q 0 0 0 rg BT 191.36 275.75 Td (unused ) Tj ET Q q 0 0 0 rg BT 222.00 275.75 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 265.96 275.75 Td (capacity ) Tj ET Q q 0 0 0 rg BT 301.58 275.75 Td (will ) Tj ET Q q 0 0 0 rg BT 319.45 275.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 356.19 275.75 Td (to ) Tj ET Q q 0 0 0 rg BT 366.27 275.75 Td (be ) Tj ET Q q 0 0 0 rg BT 378.02 275.75 Td (available ) Tj ET Q q 0 0 0 rg BT 416.41 275.75 Td (to ) Tj ET Q q 0 0 0 rg BT 426.50 275.75 Td (be ) Tj ET Q q 0 0 0 rg BT 438.25 275.75 Td (borrowed ) Tj ET Q q 0 0 0 rg BT 478.87 275.75 Td (and ) Tj ET Q q 0 0 0 rg BT 495.62 275.75 Td (that ) Tj ET Q q 0 0 0 rg BT 512.92 275.75 Td (there ) Tj ET Q q 0 0 0 rg BT 535.21 275.75 Td (will ) Tj ET Q q 0 0 0 rg BT 553.08 275.75 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 263.75 Td (no ) Tj ET Q q 0 0 0 rg BT 84.50 263.75 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 131.43 263.75 Td (with ) Tj ET Q q 0 0 0 rg BT 151.71 263.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 182.53 263.75 Td (to ) Tj ET Q q 0 0 0 rg BT 192.81 263.75 Td (loans ) Tj ET Q q 0 0 0 rg BT 216.41 263.75 Td (or ) Tj ET Q q 0 0 0 rg BT 227.24 263.75 Td (distributions ) Tj ET Q q 0 0 0 rg BT 279.75 263.75 Td (from ) Tj ET Q q 0 0 0 rg BT 301.69 263.75 Td (this ) Tj ET Q q 0 0 0 rg BT 318.64 263.75 Td (availability) Tj ET Q q 0 0 0 rg BT 362.97 263.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 239.75 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 239.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 97.62 239.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 112.72 239.75 Td (. ) Tj ET Q q 0 0 0 rg BT 116.95 239.75 Td (and ) Tj ET Q q 0 0 0 rg BT 133.12 239.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 158.73 239.75 Td (Bond ) Tj ET Q q 0 0 0 rg BT 182.13 239.75 Td (Company ) Tj ET Q q 0 0 0 rg BT 222.75 239.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 237.85 239.75 Td (. ) Tj ET Q q 0 0 0 rg BT 242.08 239.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.41 239.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 271.59 239.75 Td (Bondco) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.82 239.75 Td (\) ) Tj ET Q q 0 0 0 rg BT 308.88 239.75 Td (are ) Tj ET Q q 0 0 0 rg BT 322.82 239.75 Td (each ) Tj ET Q q 0 0 0 rg BT 342.87 239.75 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 402.36 239.75 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 451.31 239.75 Td (of ) Tj ET Q q 0 0 0 rg BT 461.25 239.75 Td (V) Tj ET Q q 0 0 0 rg BT 467.18 239.75 Td (odafoneZiggo. ) Tj ET Q q 0 0 0 rg BT 527.50 239.75 Td (Pursuant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 227.75 Td (to ) Tj ET Q q 0 0 0 rg BT 82.44 227.75 Td (a ) Tj ET Q q 0 0 0 rg BT 89.54 227.75 Td (series ) Tj ET Q q 0 0 0 rg BT 114.97 227.75 Td (of ) Tj ET Q q 0 0 0 rg BT 125.96 227.75 Td (mer) Tj ET Q q 0 0 0 rg BT 141.33 227.75 Td (gers ) Tj ET Q q 0 0 0 rg BT 160.65 227.75 Td (and ) Tj ET Q q 0 0 0 rg BT 177.75 227.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 228.17 227.75 Td (that ) Tj ET Q q 0 0 0 rg BT 245.83 227.75 Td (were ) Tj ET Q q 0 0 0 rg BT 267.92 227.75 Td (completed ) Tj ET Q q 0 0 0 rg BT 312.23 227.75 Td (during ) Tj ET Q q 0 0 0 rg BT 341.00 227.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.88 227.75 Td (three ) Tj ET Q q 0 0 0 rg BT 378.52 227.75 Td (months ) Tj ET Q q 0 0 0 rg BT 410.63 227.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 437.17 227.75 Td (March ) Tj ET Q q 0 0 0 rg BT 465.93 227.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 481.09 227.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 506.25 227.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 518.35 227.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 544.90 227.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 560.00 227.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 215.75 Td (assumed ) Tj ET Q q 0 0 0 rg BT 108.42 215.75 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 121.49 215.75 Td (the ) Tj ET Q q 0 0 0 rg BT 135.68 215.75 Td (2025 ) Tj ET Q q 0 0 0 rg BT 157.66 215.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 185.75 215.75 Td (Secured ) Tj ET Q q 0 0 0 rg BT 219.93 215.75 Td (Notes, ) Tj ET Q q 0 0 0 rg BT 247.74 215.75 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 261.37 215.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.57 215.75 Td (2027 ) Tj ET Q q 0 0 0 rg BT 297.54 215.75 Td (Dollar ) Tj ET Q q 0 0 0 rg BT 325.07 215.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 353.15 215.75 Td (Secured ) Tj ET Q q 0 0 0 rg BT 387.33 215.75 Td (Notes, ) Tj ET Q q 0 0 0 rg BT 415.14 215.75 Td (and ) Tj ET Q q 0 0 0 rg BT 431.56 215.75 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 444.63 215.75 Td (the ) Tj ET Q q 0 0 0 rg BT 458.82 215.75 Td (2027 ) Tj ET Q q 0 0 0 rg BT 480.80 215.75 Td (Euro ) Tj ET Q q 0 0 0 rg BT 502.22 215.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 530.30 215.75 Td (Secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 203.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 97.69 203.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.49 203.75 Td (released ) Tj ET Q q 0 0 0 rg BT 149.60 203.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 175.85 203.75 Td (Secured ) Tj ET Q q 0 0 0 rg BT 210.42 203.75 Td (Finance ) Tj ET Q q 0 0 0 rg BT 244.43 203.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 259.53 203.75 Td (. ) Tj ET Q q 0 0 0 rg BT 264.39 203.75 Td (from ) Tj ET Q q 0 0 0 rg BT 286.19 203.75 Td (its ) Tj ET Q q 0 0 0 rg BT 298.00 203.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 344.80 203.75 Td (under ) Tj ET Q q 0 0 0 rg BT 369.93 203.75 Td (such ) Tj ET Q q 0 0 0 rg BT 390.62 203.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 417.42 203.75 Td (secured ) Tj ET Q q 0 0 0 rg BT 450.32 203.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 473.78 203.75 Td (and ) Tj ET Q q 0 0 0 rg BT 490.58 203.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 505.16 203.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 531.41 203.75 Td (Bondco ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 191.75 Td (assumed ) Tj ET Q q 0 0 0 rg BT 109.54 191.75 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 124.30 191.75 Td (the ) Tj ET Q q 0 0 0 rg BT 139.62 191.75 Td (2025 ) Tj ET Q q 0 0 0 rg BT 162.72 191.75 Td (Euro ) Tj ET Q q 0 0 0 rg BT 185.26 191.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 214.47 191.75 Td (Notes, ) Tj ET Q q 0 0 0 rg BT 243.40 191.75 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 258.16 191.75 Td (the ) Tj ET Q q 0 0 0 rg BT 273.47 191.75 Td (2025 ) Tj ET Q q 0 0 0 rg BT 296.58 191.75 Td (Dollar ) Tj ET Q q 0 0 0 rg BT 325.22 191.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 354.43 191.75 Td (Notes, ) Tj ET Q q 0 0 0 rg BT 383.36 191.75 Td (and ) Tj ET Q q 0 0 0 rg BT 400.90 191.75 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 415.66 191.75 Td (the ) Tj ET Q q 0 0 0 rg BT 430.98 191.75 Td (2027 ) Tj ET Q q 0 0 0 rg BT 454.08 191.75 Td (Senior ) Tj ET Q q 0 0 0 rg BT 483.29 191.75 Td (Notes, ) Tj ET Q q 0 0 0 rg BT 512.22 191.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.76 191.75 Td (released ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 179.75 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 99.03 179.75 Td (Bond ) Tj ET Q q 0 0 0 rg BT 123.85 179.75 Td (Finance ) Tj ET Q q 0 0 0 rg BT 158.65 179.75 Td (B.V) Tj ET Q q 0 0 0 rg BT 173.75 179.75 Td (. ) Tj ET Q q 0 0 0 rg BT 179.40 179.75 Td (from ) Tj ET Q q 0 0 0 rg BT 201.98 179.75 Td (its ) Tj ET Q q 0 0 0 rg BT 214.58 179.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 262.17 179.75 Td (under ) Tj ET Q q 0 0 0 rg BT 288.08 179.75 Td (such ) Tj ET Q q 0 0 0 rg BT 309.56 179.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 337.14 179.75 Td (notes. ) Tj ET Q q 0 0 0 rg BT 363.90 179.75 Td (Each ) Tj ET Q q 0 0 0 rg BT 387.03 179.75 Td (of ) Tj ET Q q 0 0 0 rg BT 398.50 179.75 Td (these ) Tj ET Q q 0 0 0 rg BT 422.20 179.75 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 474.79 179.75 Td (and ) Tj ET Q q 0 0 0 rg BT 492.38 179.75 Td (releases ) Tj ET Q q 0 0 0 rg BT 527.17 179.75 Td (has ) Tj ET Q q 0 0 0 rg BT 543.64 179.75 Td (been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 167.75 Td (deemed ) Tj ET Q q 0 0 0 rg BT 105.36 167.75 Td (repayment ) Tj ET Q q 0 0 0 rg BT 149.82 167.75 Td (in ) Tj ET Q q 0 0 0 rg BT 159.86 167.75 Td (full ) Tj ET Q q 0 0 0 rg BT 176.01 167.75 Td (and ) Tj ET Q q 0 0 0 rg BT 192.71 167.75 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 243.28 167.75 Td (of ) Tj ET Q q 0 0 0 rg BT 253.87 167.75 Td (the ) Tj ET Q q 0 0 0 rg BT 268.35 167.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 302.81 167.75 Td (Proceeds ) Tj ET Q q 0 0 0 rg BT 341.17 167.75 Td (Loans ) Tj ET Q q 0 0 0 rg BT 367.88 167.75 Td (that ) Tj ET Q q 0 0 0 rg BT 385.13 167.75 Td (were ) Tj ET Q q 0 0 0 rg BT 406.82 167.75 Td (created ) Tj ET Q q 0 0 0 rg BT 437.95 167.75 Td (in ) Tj ET Q q 0 0 0 rg BT 447.99 167.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 494.12 167.75 Td (with ) Tj ET Q q 0 0 0 rg BT 514.16 167.75 Td (the ) Tj ET Q q 0 0 0 rg BT 528.64 167.75 Td (issuance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 155.75 Td (of ) Tj ET Q q 0 0 0 rg BT 83.63 155.75 Td (the ) Tj ET Q q 0 0 0 rg BT 99.16 155.75 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 165.21 155.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 192.95 155.75 Td (and ) Tj ET Q q 0 0 0 rg BT 210.70 155.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 238.44 155.75 Td (secured ) Tj ET Q q 0 0 0 rg BT 272.28 155.75 Td (notes. ) Tj ET Q q 0 0 0 rg BT 299.19 155.75 Td (For ) Tj ET Q q 0 0 0 rg BT 316.39 155.75 Td (a ) Tj ET Q q 0 0 0 rg BT 324.13 155.75 Td (simplified ) Tj ET Q q 0 0 0 rg BT 367.99 155.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 409.05 155.75 Td (structure ) Tj ET Q q 0 0 0 rg BT 447.34 155.75 Td (chart ) Tj ET Q q 0 0 0 rg BT 470.63 155.75 Td (that ) Tj ET Q q 0 0 0 rg BT 488.93 155.75 Td (gives ) Tj ET Q q 0 0 0 rg BT 513.34 155.75 Td (ef) Tj ET Q q 0 0 0 rg BT 520.93 155.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 539.22 155.75 Td (to ) Tj ET Q q 0 0 0 rg BT 550.30 155.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 143.75 Td (completion ) Tj ET Q q 0 0 0 rg BT 119.49 143.75 Td (of ) Tj ET Q q 0 0 0 rg BT 130.32 143.75 Td (the ) Tj ET Q q 0 0 0 rg BT 145.04 143.75 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 210.29 143.75 Td (mer) Tj ET Q q 0 0 0 rg BT 225.65 143.75 Td (gers ) Tj ET Q q 0 0 0 rg BT 244.81 143.75 Td (and ) Tj ET Q q 0 0 0 rg BT 261.75 143.75 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 314.51 143.75 Td (see ) Tj ET Q q 0 0 0 rg BT 329.78 143.75 Td (the ) Tj ET Q q 0 0 0 rg BT 343.95 143.75 Td (Appendix.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 119.75 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 119.75 Td (Represents ) Tj ET Q q 0 0 0 rg BT 119.22 119.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 156.45 119.75 Td (owed ) Tj ET Q q 0 0 0 rg BT 181.45 119.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 219.23 119.75 Td (to ) Tj ET Q q 0 0 0 rg BT 230.35 119.75 Td (interest-bearing ) Tj ET Q q 0 0 0 rg BT 296.44 119.75 Td (vendor ) Tj ET Q q 0 0 0 rg BT 327.55 119.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 368.65 119.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 425.86 119.75 Td (that ) Tj ET Q q 0 0 0 rg BT 444.19 119.75 Td (are ) Tj ET Q q 0 0 0 rg BT 459.74 119.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 500.29 119.75 Td (used ) Tj ET Q q 0 0 0 rg BT 521.97 119.75 Td (to ) Tj ET Q q 0 0 0 rg BT 533.08 119.75 Td (finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 107.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 101.55 107.75 Td (of ) Tj ET Q q 0 0 0 rg BT 112.22 107.75 Td (our ) Tj ET Q q 0 0 0 rg BT 127.90 107.75 Td (property ) Tj ET Q q 0 0 0 rg BT 164.12 107.75 Td (and ) Tj ET Q q 0 0 0 rg BT 180.90 107.75 Td (equipment ) Tj ET Q q 0 0 0 rg BT 225.46 107.75 Td (additions ) Tj ET Q q 0 0 0 rg BT 264.47 107.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 283.75 107.75 Td (to ) Tj ET Q q 0 0 0 rg BT 293.88 107.75 Td (a ) Tj ET Q q 0 0 0 rg BT 300.66 107.75 Td (lesser ) Tj ET Q q 0 0 0 rg BT 325.78 107.75 Td (extent, ) Tj ET Q q 0 0 0 rg BT 355.05 107.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 384.60 107.75 Td (of ) Tj ET Q q 0 0 0 rg BT 395.28 107.75 Td (our ) Tj ET Q q 0 0 0 rg BT 410.95 107.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 451.06 107.75 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 491.84 107.75 Td (These ) Tj ET Q q 0 0 0 rg BT 518.06 107.75 Td (obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 95.75 Td (are ) Tj ET Q q 0 0 0 rg BT 85.94 95.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 124.88 95.75 Td (due ) Tj ET Q q 0 0 0 rg BT 141.05 95.75 Td (within ) Tj ET Q q 0 0 0 rg BT 168.34 95.75 Td (one ) Tj ET Q q 0 0 0 rg BT 184.52 95.75 Td (year ) Tj ET Q q 0 0 0 rg BT 203.46 95.75 Td (and ) Tj ET Q q 0 0 0 rg BT 219.63 95.75 Td (include ) Tj ET Q q 0 0 0 rg BT 250.68 95.75 Td (V) Tj ET Q q 0 0 0 rg BT 256.61 95.75 Td (A) Tj ET Q q 0 0 0 rg BT 262.72 95.75 Td (T) Tj ET Q q 0 0 0 rg BT 268.65 95.75 Td ( ) Tj ET Q q 0 0 0 rg BT 270.38 95.75 Td (that ) Tj ET Q q 0 0 0 rg BT 287.11 95.75 Td (was ) Tj ET Q q 0 0 0 rg BT 304.40 95.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 323.35 95.75 Td (on ) Tj ET Q q 0 0 0 rg BT 335.09 95.75 Td (our ) Tj ET Q q 0 0 0 rg BT 350.15 95.75 Td (behalf ) Tj ET Q q 0 0 0 rg BT 376.87 95.75 Td (by ) Tj ET Q q 0 0 0 rg BT 388.61 95.75 Td (the ) Tj ET Q q 0 0 0 rg BT 402.56 95.75 Td (vendor) Tj ET Q q 0 0 0 rg BT 429.78 95.75 Td (. ) Tj ET Q q 0 0 0 rg BT 434.01 95.75 Td (Repayments ) Tj ET Q q 0 0 0 rg BT 485.18 95.75 Td (of ) Tj ET Q q 0 0 0 rg BT 495.24 95.75 Td (vendor ) Tj ET Q q 0 0 0 rg BT 524.75 95.75 Td (financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 83.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 119.54 83.75 Td (are ) Tj ET Q q 0 0 0 rg BT 134.84 83.75 Td (included ) Tj ET Q q 0 0 0 rg BT 172.37 83.75 Td (in ) Tj ET Q q 0 0 0 rg BT 183.25 83.75 Td (repayments ) Tj ET Q q 0 0 0 rg BT 232.43 83.75 Td (of ) Tj ET Q q 0 0 0 rg BT 243.86 83.75 Td (third-party ) Tj ET Q q 0 0 0 rg BT 289.72 83.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 310.03 83.75 Td (and ) Tj ET Q q 0 0 0 rg BT 327.57 83.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 357.31 83.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 380.39 83.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 427.93 83.75 Td (in ) Tj ET Q q 0 0 0 rg BT 438.81 83.75 Td (our ) Tj ET Q q 0 0 0 rg BT 455.23 83.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 508.87 83.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 554.18 83.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 71.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 92.27 71.75 Td (flows.) Tj ET Q endstream endobj 149 0 obj <> endobj 150 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 699.60 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 699.60 Td (At ) Tj ET Q q 0 0 0 rg BT 84.46 699.60 Td (each ) Tj ET Q q 0 0 0 rg BT 105.24 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 116.03 699.60 Td (December ) Tj ET Q q 0 0 0 rg BT 159.58 699.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 174.54 699.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 197.00 699.60 Td (and ) Tj ET Q q 0 0 0 rg BT 213.90 699.60 Td (2017, ) Tj ET Q q 0 0 0 rg BT 238.87 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 254.66 699.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 274.34 699.60 Td (had ) Tj ET Q q 0 0 0 rg BT 291.24 699.60 Td (an ) Tj ET Q q 0 0 0 rg BT 303.14 699.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 343.92 699.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 360.26 699.60 Td (value ) Tj ET Q q 0 0 0 rg BT 384.38 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 395.17 699.60 Td (10.5 ) Tj ET Q q 0 0 0 rg BT 420.14 699.60 Td (billion. ) Tj ET Q q 0 0 0 rg BT 451.03 699.60 Td (The ) Tj ET Q q 0 0 0 rg BT 469.04 699.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 509.82 699.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 526.16 699.60 Td (values ) Tj ET Q q 0 0 0 rg BT 554.17 699.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 687.60 Td (our ) Tj ET Q q 0 0 0 rg BT 87.70 687.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 107.28 687.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 156.31 687.60 Td (are ) Tj ET Q q 0 0 0 rg BT 170.89 687.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 210.46 687.60 Td (determined ) Tj ET Q q 0 0 0 rg BT 257.80 687.60 Td (using ) Tj ET Q q 0 0 0 rg BT 281.84 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 296.43 687.60 Td (average ) Tj ET Q q 0 0 0 rg BT 329.88 687.60 Td (of ) Tj ET Q q 0 0 0 rg BT 340.57 687.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 384.03 687.60 Td (bid ) Tj ET Q q 0 0 0 rg BT 399.18 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 415.98 687.60 Td (ask ) Tj ET Q q 0 0 0 rg BT 431.68 687.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 457.92 687.60 Td (\(mostly ) Tj ET Q q 0 0 0 rg BT 490.85 687.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 515.98 687.60 Td (1 ) Tj ET Q q 0 0 0 rg BT 523.34 687.60 Td (of ) Tj ET Q q 0 0 0 rg BT 534.04 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 548.63 687.60 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 675.60 Td (value ) Tj ET Q q 0 0 0 rg BT 96.43 675.60 Td (hierarchy\) ) Tj ET Q q 0 0 0 rg BT 140.29 675.60 Td (or) Tj ET Q q 0 0 0 rg BT 148.22 675.60 Td (, ) Tj ET Q q 0 0 0 rg BT 153.50 675.60 Td (when ) Tj ET Q q 0 0 0 rg BT 177.94 675.60 Td (quoted ) Tj ET Q q 0 0 0 rg BT 207.93 675.60 Td (market ) Tj ET Q q 0 0 0 rg BT 238.47 675.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 265.13 675.60 Td (are ) Tj ET Q q 0 0 0 rg BT 280.11 675.60 Td (unavailable ) Tj ET Q q 0 0 0 rg BT 328.98 675.60 Td (or ) Tj ET Q q 0 0 0 rg BT 340.09 675.60 Td (not ) Tj ET Q q 0 0 0 rg BT 355.64 675.60 Td (considered ) Tj ET Q q 0 0 0 rg BT 401.73 675.60 Td (indicative ) Tj ET Q q 0 0 0 rg BT 443.94 675.60 Td (of ) Tj ET Q q 0 0 0 rg BT 455.05 675.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 471.70 675.60 Td (value, ) Tj ET Q q 0 0 0 rg BT 498.63 675.60 Td (discounted ) Tj ET Q q 0 0 0 rg BT 544.74 675.60 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 663.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 92.91 663.60 Td (models ) Tj ET Q q 0 0 0 rg BT 124.37 663.60 Td (\(mostly ) Tj ET Q q 0 0 0 rg BT 157.50 663.60 Td (Level ) Tj ET Q q 0 0 0 rg BT 182.85 663.60 Td (2 ) Tj ET Q q 0 0 0 rg BT 190.42 663.60 Td (of ) Tj ET Q q 0 0 0 rg BT 201.33 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 216.12 663.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 232.58 663.60 Td (value ) Tj ET Q q 0 0 0 rg BT 256.81 663.60 Td (hierarchy\). ) Tj ET Q q 0 0 0 rg BT 302.79 663.60 Td (The ) Tj ET Q q 0 0 0 rg BT 320.91 663.60 Td (discount ) Tj ET Q q 0 0 0 rg BT 357.37 663.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 378.83 663.60 Td (used ) Tj ET Q q 0 0 0 rg BT 399.73 663.60 Td (in ) Tj ET Q q 0 0 0 rg BT 410.09 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 424.88 663.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 445.23 663.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 466.14 663.60 Td (models ) Tj ET Q q 0 0 0 rg BT 497.60 663.60 Td (are ) Tj ET Q q 0 0 0 rg BT 512.38 663.60 Td (based ) Tj ET Q q 0 0 0 rg BT 537.73 663.60 Td (on ) Tj ET Q q 0 0 0 rg BT 550.31 663.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 651.60 Td (market ) Tj ET Q q 0 0 0 rg BT 101.26 651.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 132.19 651.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 152.56 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 168.50 651.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 208.31 651.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 232.57 651.60 Td (spreads, ) Tj ET Q q 0 0 0 rg BT 266.56 651.60 Td (to ) Tj ET Q q 0 0 0 rg BT 275.83 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 289.54 651.60 Td (extent ) Tj ET Q q 0 0 0 rg BT 315.47 651.60 Td (available, ) Tj ET Q q 0 0 0 rg BT 355.56 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 371.49 651.60 Td (other ) Tj ET Q q 0 0 0 rg BT 393.53 651.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 427.23 651.60 Td (factors. ) Tj ET Q q 0 0 0 rg BT 458.43 651.60 Td (For ) Tj ET Q q 0 0 0 rg BT 473.82 651.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 515.31 651.60 Td (information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 639.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 112.82 639.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 129.19 639.60 Td (value ) Tj ET Q q 0 0 0 rg BT 153.35 639.60 Td (hierarchies, ) Tj ET Q q 0 0 0 rg BT 202.21 639.60 Td (see ) Tj ET Q q 0 0 0 rg BT 217.48 639.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.20 639.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.20 639.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 615.60 Td (The ) Tj ET Q q 0 0 0 rg BT 80.54 615.60 Td (following ) Tj ET Q q 0 0 0 rg BT 121.42 615.60 Td (table ) Tj ET Q q 0 0 0 rg BT 142.84 615.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 179.27 615.60 Td (a ) Tj ET Q q 0 0 0 rg BT 185.71 615.60 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 242.67 615.60 Td (of ) Tj ET Q q 0 0 0 rg BT 253.00 615.60 Td (total ) Tj ET Q q 0 0 0 rg BT 272.76 615.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 317.52 615.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 336.73 615.60 Td (before ) Tj ET Q q 0 0 0 rg BT 364.25 615.60 Td (premiums, ) Tj ET Q q 0 0 0 rg BT 408.74 615.60 Td (discounts, ) Tj ET Q q 0 0 0 rg BT 451.01 615.60 Td (and ) Tj ET Q q 0 0 0 rg BT 467.44 615.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 502.74 615.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 542.50 615.60 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 603.60 Td (to ) Tj ET Q q 0 0 0 rg BT 55.28 603.60 Td (total ) Tj ET Q q 0 0 0 rg BT 75.55 603.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 95.27 603.60 Td (and ) Tj ET Q q 0 0 0 rg BT 112.21 603.60 Td (capital ) Tj ET Q q 0 0 0 rg BT 141.36 603.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 163.84 603.60 Td (obligations:) Tj ET Q 1 1 1 rg /GS0 gs 45.50 567.10 381.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 426.50 567.10 128.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 530.10 381.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 530.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 530.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 530.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 500.10 381.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 500.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 500.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 500.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 470.10 381.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 470.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 470.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 470.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 440.10 381.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 440.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 440.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 440.10 62.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 567.1 m 488.5 567.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 567.1 m 554.5 567.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 515.1 m 488.5 515.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 515.1 m 554.5 515.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 485.1 m 488.5 485.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 485.1 m 554.5 485.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 455.1 m 488.5 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 455.1 m 554.5 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 455.1 m 554.5 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 425.1 m 488.5 425.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 425.1 m 554.5 425.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 425.1 m 488.5 425.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 411.1 m 488.5 411.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 409.1 m 488.5 409.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 425.1 m 554.5 425.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 411.1 m 554.5 411.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 409.1 m 554.5 409.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.80 583.55 Td (December) Tj ET Q q 0 0 0 rg BT 469.61 583.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.80 583.55 Td (December) Tj ET Q q 0 0 0 rg BT 535.61 583.55 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.00 570.50 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.00 570.50 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.85 558.50 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 544.77 Td (T) Tj ET Q q 0 0 0 rg BT 53.41 544.77 Td (otal principal amount of third-party debt before premiums, discounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 534.77 Td ( and deferred financing costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 534.77 Td (10,885.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 534.77 Td (10,406.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 519.77 Td (Premiums, discounts and deferred financing costs, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 519.77 Td (47.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 519.77 Td (61.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 504.77 Td (T) Tj ET Q q 0 0 0 rg BT 59.76 504.77 Td (otal carrying amount of third-party debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 504.77 Td (10,933.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 504.77 Td (10,468.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 489.77 Td (Third-party capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 489.77 Td (18.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 489.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 474.77 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 474.77 Td (otal third-party debt and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 474.77 Td (10,951.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 474.77 Td (10,468.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 459.77 Td (Related-party debt and capital lease obligations \(note 1) Tj ET Q q 0 0 0 rg BT 268.01 459.77 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 459.77 Td (1,600.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.65 459.77 Td (1,801.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 444.77 Td (T) Tj ET Q q 0 0 0 rg BT 71.41 444.77 Td (otal debt and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 444.77 Td (12,552.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 444.77 Td (12,269.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 429.77 Td (Current maturities of debt and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 429.82 Td (\(1,205.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 429.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.80 429.82 Td (\(951.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.65 429.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 414.77 Td (Long-term debt and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 414.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 414.77 Td (1) Tj ET Q q 0 0 0 rg BT 454.65 414.77 Td (1,346.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 414.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 414.77 Td (1) Tj ET Q q 0 0 0 rg BT 520.65 414.77 Td (1,318.6) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 386.60 Td (Cr) Tj ET Q q 0 0 0 rg BT 73.19 386.60 Td (edit ) Tj ET Q q 0 0 0 rg BT 90.55 386.60 Td (Facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.82 386.60 Td ( ) Tj ET Q q 0 0 0 rg BT 133.02 386.60 Td (W) Tj ET Q q 0 0 0 rg BT 141.65 386.60 Td (e ) Tj ET Q q 0 0 0 rg BT 148.46 386.60 Td (have ) Tj ET Q q 0 0 0 rg BT 169.70 386.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 201.50 386.60 Td (into ) Tj ET Q q 0 0 0 rg BT 219.42 386.60 Td (one ) Tj ET Q q 0 0 0 rg BT 236.23 386.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 261.36 386.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 298.15 386.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 342.16 386.60 Td (with ) Tj ET Q q 0 0 0 rg BT 362.31 386.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 391.87 386.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 429.22 386.60 Td (institutions ) Tj ET Q q 0 0 0 rg BT 476.04 386.60 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.96 386.60 Td (cr) Tj ET Q q 0 0 0 rg BT 502.65 386.60 Td (edit ) Tj ET Q q 0 0 0 rg BT 521.13 386.60 Td (facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.67 386.60 Td (\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 374.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 63.05 374.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 88.32 374.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 125.24 374.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 157.18 374.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 186.88 374.60 Td (covenants, ) Tj ET Q q 0 0 0 rg BT 231.87 374.60 Td (the ) Tj ET Q q 0 0 0 rg BT 246.58 374.60 Td (more ) Tj ET Q q 0 0 0 rg BT 269.63 374.60 Td (notable ) Tj ET Q q 0 0 0 rg BT 301.56 374.60 Td (of ) Tj ET Q q 0 0 0 rg BT 312.39 374.60 Td (which ) Tj ET Q q 0 0 0 rg BT 339.33 374.60 Td (are ) Tj ET Q q 0 0 0 rg BT 354.04 374.60 Td (as ) Tj ET Q q 0 0 0 rg BT 364.87 374.60 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 350.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 350.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 99.18 350.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 124.56 350.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 161.61 350.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 193.67 350.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 223.50 350.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 276.66 350.60 Td (net ) Tj ET Q q 0 0 0 rg BT 291.50 350.60 Td (leverage ) Tj ET Q q 0 0 0 rg BT 327.99 350.60 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 355.33 350.60 Td (as ) Tj ET Q q 0 0 0 rg BT 366.28 350.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 405.00 350.60 Td (in ) Tj ET Q q 0 0 0 rg BT 415.40 350.60 Td (the ) Tj ET Q q 0 0 0 rg BT 430.24 350.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 465.07 350.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 490.46 350.60 Td (facility) Tj ET Q q 0 0 0 rg BT 518.13 350.60 Td (, ) Tj ET Q q 0 0 0 rg BT 523.25 350.60 Td (which ) Tj ET Q q 0 0 0 rg BT 550.31 350.60 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 338.60 Td (required ) Tj ET Q q 0 0 0 rg BT 116.98 338.60 Td (to ) Tj ET Q q 0 0 0 rg BT 127.42 338.60 Td (be ) Tj ET Q q 0 0 0 rg BT 139.52 338.60 Td (complied ) Tj ET Q q 0 0 0 rg BT 179.39 338.60 Td (with ) Tj ET Q q 0 0 0 rg BT 199.83 338.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 211.93 338.60 Td (on ) Tj ET Q q 0 0 0 rg BT 224.59 338.60 Td (an ) Tj ET Q q 0 0 0 rg BT 236.69 338.60 Td (incurrence ) Tj ET Q q 0 0 0 rg BT 281.54 338.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 304.20 338.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 332.41 338.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 347.29 338.60 Td (when ) Tj ET Q q 0 0 0 rg BT 371.61 338.60 Td (the ) Tj ET Q q 0 0 0 rg BT 386.49 338.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 430.24 338.60 Td (revolving ) Tj ET Q q 0 0 0 rg BT 471.23 338.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 496.65 338.60 Td (facility ) Tj ET Q q 0 0 0 rg BT 527.64 338.60 Td (has ) Tj ET Q q 0 0 0 rg BT 543.63 338.60 Td (been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 326.60 Td (drawn ) Tj ET Q q 0 0 0 rg BT 108.49 326.60 Td (beyond ) Tj ET Q q 0 0 0 rg BT 140.43 326.60 Td (a ) Tj ET Q q 0 0 0 rg BT 147.37 326.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 185.96 326.60 Td (percentage ) Tj ET Q q 0 0 0 rg BT 231.76 326.60 Td (of ) Tj ET Q q 0 0 0 rg BT 242.59 326.60 Td (the ) Tj ET Q q 0 0 0 rg BT 257.31 326.60 Td (total ) Tj ET Q q 0 0 0 rg BT 277.58 326.60 Td (available ) Tj ET Q q 0 0 0 rg BT 316.17 326.60 Td (revolving ) Tj ET Q q 0 0 0 rg BT 357.00 326.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 382.26 326.60 Td (commitments, ) Tj ET Q q 0 0 0 rg BT 441.70 326.60 Td (on ) Tj ET Q q 0 0 0 rg BT 454.20 326.60 Td (a ) Tj ET Q q 0 0 0 rg BT 461.14 326.60 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 514.16 326.60 Td (basis;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 302.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 302.60 Td (Subject ) Tj ET Q q 0 0 0 rg BT 113.81 302.60 Td (to ) Tj ET Q q 0 0 0 rg BT 124.40 302.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 154.42 302.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 198.89 302.60 Td (and ) Tj ET Q q 0 0 0 rg BT 216.14 302.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 245.60 302.60 Td (exceptions, ) Tj ET Q q 0 0 0 rg BT 293.68 302.60 Td (our ) Tj ET Q q 0 0 0 rg BT 309.83 302.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 335.41 302.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 372.65 302.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 404.90 302.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 434.92 302.60 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 482.16 302.60 Td (which, ) Tj ET Q q 0 0 0 rg BT 511.92 302.60 Td (among ) Tj ET Q q 0 0 0 rg BT 541.95 302.60 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 290.60 Td (things, ) Tj ET Q q 0 0 0 rg BT 110.70 290.60 Td (restrict ) Tj ET Q q 0 0 0 rg BT 141.21 290.60 Td (the ) Tj ET Q q 0 0 0 rg BT 156.17 290.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 184.47 290.60 Td (of ) Tj ET Q q 0 0 0 rg BT 195.55 290.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 225.50 290.60 Td (of ) Tj ET Q q 0 0 0 rg BT 236.58 290.60 Td (our ) Tj ET Q q 0 0 0 rg BT 252.66 290.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 302.62 290.60 Td (to ) Tj ET Q q 0 0 0 rg BT 313.15 290.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 325.33 290.60 Td (incur ) Tj ET Q q 0 0 0 rg BT 348.63 290.60 Td (or ) Tj ET Q q 0 0 0 rg BT 359.71 290.60 Td (guarantee ) Tj ET Q q 0 0 0 rg BT 401.32 290.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 431.27 290.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 469.00 290.60 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 525.90 290.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 540.87 290.60 Td (make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 278.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 111.02 278.60 Td (disposals ) Tj ET Q q 0 0 0 rg BT 150.50 278.60 Td (and ) Tj ET Q q 0 0 0 rg BT 167.75 278.60 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 220.84 278.60 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 238.65 278.60 Td (create ) Tj ET Q q 0 0 0 rg BT 265.33 278.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 295.34 278.60 Td (security ) Tj ET Q q 0 0 0 rg BT 329.81 278.60 Td (interests ) Tj ET Q q 0 0 0 rg BT 365.95 278.60 Td (over ) Tj ET Q q 0 0 0 rg BT 386.53 278.60 Td (their ) Tj ET Q q 0 0 0 rg BT 407.67 278.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 436.32 278.60 Td (and ) Tj ET Q q 0 0 0 rg BT 453.57 278.60 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 470.82 278.60 Td (make ) Tj ET Q q 0 0 0 rg BT 495.29 278.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 525.31 278.60 Td (restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 266.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 121.83 266.60 Td (to ) Tj ET Q q 0 0 0 rg BT 132.10 266.60 Td (their ) Tj ET Q q 0 0 0 rg BT 152.93 266.60 Td (direct ) Tj ET Q q 0 0 0 rg BT 178.19 266.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 206.24 266.60 Td (indirect ) Tj ET Q q 0 0 0 rg BT 239.28 266.60 Td (parent ) Tj ET Q q 0 0 0 rg BT 266.77 266.60 Td (companies ) Tj ET Q q 0 0 0 rg BT 312.03 266.60 Td (through ) Tj ET Q q 0 0 0 rg BT 345.64 266.60 Td (dividends, ) Tj ET Q q 0 0 0 rg BT 389.53 266.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 413.13 266.60 Td (or ) Tj ET Q q 0 0 0 rg BT 423.96 266.60 Td (other ) Tj ET Q q 0 0 0 rg BT 447.01 266.60 Td (distributions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 242.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 242.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 98.51 242.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 123.24 242.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 159.63 242.60 Td (require ) Tj ET Q q 0 0 0 rg BT 189.90 242.60 Td (that ) Tj ET Q q 0 0 0 rg BT 206.86 242.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 236.02 242.60 Td (of ) Tj ET Q q 0 0 0 rg BT 246.31 242.60 Td (our ) Tj ET Q q 0 0 0 rg BT 261.60 242.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 310.78 242.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 322.18 242.60 Td (guarantee ) Tj ET Q q 0 0 0 rg BT 363.00 242.60 Td (the ) Tj ET Q q 0 0 0 rg BT 377.18 242.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 413.57 242.60 Td (of ) Tj ET Q q 0 0 0 rg BT 423.86 242.60 Td (all ) Tj ET Q q 0 0 0 rg BT 435.82 242.60 Td (sums ) Tj ET Q q 0 0 0 rg BT 458.34 242.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 491.39 242.60 Td (under ) Tj ET Q q 0 0 0 rg BT 516.12 242.60 Td (the ) Tj ET Q q 0 0 0 rg BT 530.30 242.60 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 230.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 106.63 230.60 Td (facility ) Tj ET Q q 0 0 0 rg BT 137.81 230.60 Td (and ) Tj ET Q q 0 0 0 rg BT 155.12 230.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 170.20 230.60 Td (grant ) Tj ET Q q 0 0 0 rg BT 193.61 230.60 Td (first-ranking ) Tj ET Q q 0 0 0 rg BT 246.46 230.60 Td (security ) Tj ET Q q 0 0 0 rg BT 280.98 230.60 Td (over ) Tj ET Q q 0 0 0 rg BT 301.62 230.60 Td (substantially ) Tj ET Q q 0 0 0 rg BT 355.03 230.60 Td (all ) Tj ET Q q 0 0 0 rg BT 367.89 230.60 Td (of ) Tj ET Q q 0 0 0 rg BT 379.09 230.60 Td (their ) Tj ET Q q 0 0 0 rg BT 400.28 230.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 426.48 230.60 Td (to ) Tj ET Q q 0 0 0 rg BT 437.12 230.60 Td (secure ) Tj ET Q q 0 0 0 rg BT 465.52 230.60 Td (the ) Tj ET Q q 0 0 0 rg BT 480.60 230.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 517.90 230.60 Td (of ) Tj ET Q q 0 0 0 rg BT 529.10 230.60 Td (all ) Tj ET Q q 0 0 0 rg BT 541.96 230.60 Td (sums ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 218.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 114.59 218.60 Td (thereunder;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 194.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 194.60 Td (In ) Tj ET Q q 0 0 0 rg BT 91.56 194.60 Td (addition ) Tj ET Q q 0 0 0 rg BT 126.56 194.60 Td (to ) Tj ET Q q 0 0 0 rg BT 136.57 194.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 166.00 194.60 Td (mandatory ) Tj ET Q q 0 0 0 rg BT 210.99 194.60 Td (prepayment ) Tj ET Q q 0 0 0 rg BT 260.42 194.60 Td (events, ) Tj ET Q q 0 0 0 rg BT 290.69 194.60 Td (the ) Tj ET Q q 0 0 0 rg BT 305.14 194.60 Td (instructing ) Tj ET Q q 0 0 0 rg BT 350.14 194.60 Td (group ) Tj ET Q q 0 0 0 rg BT 375.70 194.60 Td (of ) Tj ET Q q 0 0 0 rg BT 386.26 194.60 Td (lenders ) Tj ET Q q 0 0 0 rg BT 417.36 194.60 Td (under ) Tj ET Q q 0 0 0 rg BT 442.36 194.60 Td (the ) Tj ET Q q 0 0 0 rg BT 456.80 194.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 481.79 194.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 518.45 194.60 Td (may) Tj ET Q q 0 0 0 rg BT 535.02 194.60 Td (, ) Tj ET Q q 0 0 0 rg BT 539.75 194.60 Td (under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 182.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 111.56 182.60 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 174.05 182.60 Td (cancel ) Tj ET Q q 0 0 0 rg BT 202.94 182.60 Td (the ) Tj ET Q q 0 0 0 rg BT 218.52 182.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 276.31 182.60 Td (thereunder ) Tj ET Q q 0 0 0 rg BT 322.42 182.60 Td (and ) Tj ET Q q 0 0 0 rg BT 340.21 182.60 Td (declare ) Tj ET Q q 0 0 0 rg BT 372.43 182.60 Td (the ) Tj ET Q q 0 0 0 rg BT 388.01 182.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 412.47 182.60 Td (thereunder ) Tj ET Q q 0 0 0 rg BT 458.58 182.60 Td (due ) Tj ET Q q 0 0 0 rg BT 476.37 182.60 Td (and ) Tj ET Q q 0 0 0 rg BT 494.17 182.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 528.62 182.60 Td (after ) Tj ET Q q 0 0 0 rg BT 550.29 182.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 170.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 124.59 170.60 Td (notice ) Tj ET Q q 0 0 0 rg BT 151.52 170.60 Td (period ) Tj ET Q q 0 0 0 rg BT 179.57 170.60 Td (following ) Tj ET Q q 0 0 0 rg BT 220.96 170.60 Td (the ) Tj ET Q q 0 0 0 rg BT 235.67 170.60 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 282.03 170.60 Td (of ) Tj ET Q q 0 0 0 rg BT 292.86 170.60 Td (a ) Tj ET Q q 0 0 0 rg BT 299.79 170.60 Td (change ) Tj ET Q q 0 0 0 rg BT 330.61 170.60 Td (of ) Tj ET Q q 0 0 0 rg BT 341.44 170.60 Td (control ) Tj ET Q q 0 0 0 rg BT 372.26 170.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 386.42 170.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 425.02 170.60 Td (in ) Tj ET Q q 0 0 0 rg BT 435.30 170.60 Td (the ) Tj ET Q q 0 0 0 rg BT 450.01 170.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 475.28 170.60 Td (facilities\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 146.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 146.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 99.45 146.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 125.12 146.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 162.45 146.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 194.79 146.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 224.89 146.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 269.45 146.60 Td (events ) Tj ET Q q 0 0 0 rg BT 297.90 146.60 Td (of ) Tj ET Q q 0 0 0 rg BT 309.13 146.60 Td (default, ) Tj ET Q q 0 0 0 rg BT 342.29 146.60 Td (the ) Tj ET Q q 0 0 0 rg BT 357.41 146.60 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 404.17 146.60 Td (of ) Tj ET Q q 0 0 0 rg BT 415.40 146.60 Td (which, ) Tj ET Q q 0 0 0 rg BT 445.24 146.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 476.46 146.60 Td (to ) Tj ET Q q 0 0 0 rg BT 487.15 146.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 517.25 146.60 Td (exceptions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 134.60 Td (materiality ) Tj ET Q q 0 0 0 rg BT 126.34 134.60 Td (qualifications ) Tj ET Q q 0 0 0 rg BT 182.79 134.60 Td (and ) Tj ET Q q 0 0 0 rg BT 199.25 134.60 Td (cure ) Tj ET Q q 0 0 0 rg BT 218.49 134.60 Td (rights, ) Tj ET Q q 0 0 0 rg BT 245.79 134.60 Td (would ) Tj ET Q q 0 0 0 rg BT 272.81 134.60 Td (allow ) Tj ET Q q 0 0 0 rg BT 297.05 134.60 Td (the ) Tj ET Q q 0 0 0 rg BT 311.29 134.60 Td (instructing ) Tj ET Q q 0 0 0 rg BT 356.09 134.60 Td (group ) Tj ET Q q 0 0 0 rg BT 381.44 134.60 Td (of ) Tj ET Q q 0 0 0 rg BT 391.80 134.60 Td (lenders ) Tj ET Q q 0 0 0 rg BT 422.70 134.60 Td (to ) Tj ET Q q 0 0 0 rg BT 432.50 134.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 443.96 134.60 Td (cancel ) Tj ET Q q 0 0 0 rg BT 471.52 134.60 Td (the ) Tj ET Q q 0 0 0 rg BT 485.76 134.60 Td (total ) Tj ET Q q 0 0 0 rg BT 505.56 134.60 Td (commitments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 122.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 95.96 122.60 Td (declare ) Tj ET Q q 0 0 0 rg BT 127.56 122.60 Td (that ) Tj ET Q q 0 0 0 rg BT 145.29 122.60 Td (all ) Tj ET Q q 0 0 0 rg BT 158.02 122.60 Td (or ) Tj ET Q q 0 0 0 rg BT 169.09 122.60 Td (part ) Tj ET Q q 0 0 0 rg BT 187.38 122.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.44 122.60 Td (the ) Tj ET Q q 0 0 0 rg BT 213.40 122.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 237.25 122.60 Td (be ) Tj ET Q q 0 0 0 rg BT 249.42 122.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 283.25 122.60 Td (on ) Tj ET Q q 0 0 0 rg BT 295.99 122.60 Td (demand, ) Tj ET Q q 0 0 0 rg BT 332.89 122.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 361.17 122.60 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 378.91 122.60 Td (accelerate ) Tj ET Q q 0 0 0 rg BT 421.60 122.60 Td (all ) Tj ET Q q 0 0 0 rg BT 434.33 122.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 483.74 122.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 507.58 122.60 Td (and ) Tj ET Q q 0 0 0 rg BT 524.76 122.60 Td (terminate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 110.60 Td (their ) Tj ET Q q 0 0 0 rg BT 101.83 110.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 158.76 110.60 Td (thereunder; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 86.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 86.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 98.39 86.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 122.99 86.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 159.26 86.60 Td (require ) Tj ET Q q 0 0 0 rg BT 189.41 86.60 Td (that ) Tj ET Q q 0 0 0 rg BT 206.24 86.60 Td (we ) Tj ET Q q 0 0 0 rg BT 219.74 86.60 Td (observe ) Tj ET Q q 0 0 0 rg BT 252.68 86.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 281.71 86.60 Td (af) Tj ET Q q 0 0 0 rg BT 289.30 86.60 Td (firmative ) Tj ET Q q 0 0 0 rg BT 327.79 86.60 Td (and ) Tj ET Q q 0 0 0 rg BT 344.07 86.60 Td (negative ) Tj ET Q q 0 0 0 rg BT 379.78 86.60 Td (undertakings ) Tj ET Q q 0 0 0 rg BT 433.27 86.60 Td (and ) Tj ET Q q 0 0 0 rg BT 449.54 86.60 Td (covenants, ) Tj ET Q q 0 0 0 rg BT 493.87 86.60 Td (which ) Tj ET Q q 0 0 0 rg BT 520.14 86.60 Td (are ) Tj ET Q q 0 0 0 rg BT 534.19 86.60 Td (subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 74.60 Td (to ) Tj ET Q q 0 0 0 rg BT 91.28 74.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 120.98 74.60 Td (materiality ) Tj ET Q q 0 0 0 rg BT 166.80 74.60 Td (qualifications ) Tj ET Q q 0 0 0 rg BT 223.72 74.60 Td (and ) Tj ET Q q 0 0 0 rg BT 240.66 74.60 Td (other ) Tj ET Q q 0 0 0 rg BT 263.71 74.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 307.87 74.60 Td (and ) Tj ET Q q 0 0 0 rg BT 324.80 74.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 353.95 74.60 Td (exceptions; ) Tj ET Q q 0 0 0 rg BT 401.99 74.60 Td (and) Tj ET Q endstream endobj 151 0 obj <> endobj 152 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 699.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 699.60 Td (In ) Tj ET Q q 0 0 0 rg BT 91.87 699.60 Td (addition ) Tj ET Q q 0 0 0 rg BT 127.17 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 137.49 699.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 181.68 699.60 Td (default ) Tj ET Q q 0 0 0 rg BT 211.98 699.60 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 258.68 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 274.55 699.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 299.85 699.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 336.81 699.60 Td (include ) Tj ET Q q 0 0 0 rg BT 368.78 699.60 Td (cross-acceleration ) Tj ET Q q 0 0 0 rg BT 443.50 699.60 Td (provisions ) Tj ET Q q 0 0 0 rg BT 487.70 699.60 Td (with ) Tj ET Q q 0 0 0 rg BT 508.02 699.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 538.87 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 549.18 699.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 687.60 Td (other ) Tj ET Q q 0 0 0 rg BT 104.05 687.60 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 160.70 687.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 191.53 687.60 Td (to ) Tj ET Q q 0 0 0 rg BT 201.81 687.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 230.95 687.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 272.34 687.60 Td (thresholds ) Tj ET Q q 0 0 0 rg BT 315.95 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 332.89 687.60 Td (other ) Tj ET Q q 0 0 0 rg BT 355.94 687.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 400.09 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 417.03 687.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 446.18 687.60 Td (exceptions.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 663.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 90.53 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 106.95 663.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 134.48 663.60 Td (Secur) Tj ET Q q 0 0 0 rg BT 156.87 663.60 Td (ed ) Tj ET Q q 0 0 0 rg BT 167.73 663.60 Td (Notes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.43 663.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 219.74 663.60 Td (Bondco ) Tj ET Q q 0 0 0 rg BT 252.27 663.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.12 663.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 293.43 663.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 308.53 663.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.03 663.60 Td ( ) Tj ET Q q 0 0 0 rg BT 312.45 663.60 Td (have ) Tj ET Q q 0 0 0 rg BT 332.75 663.60 Td (issued ) Tj ET Q q 0 0 0 rg BT 359.17 663.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 387.79 663.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 413.65 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 429.51 663.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 455.37 663.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 487.32 663.60 Td (notes, ) Tj ET Q q 0 0 0 rg BT 512.35 663.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 560.01 663.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 651.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 71.24 651.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 86.34 651.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.84 651.60 Td ( ) Tj ET Q q 0 0 0 rg BT 91.19 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 100.22 651.60 Td (a ) Tj ET Q q 0 0 0 rg BT 107.01 651.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 167.13 651.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 210.59 651.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.27 651.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 247.51 651.60 Td (Bondco) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.62 651.60 Td (, ) Tj ET Q q 0 0 0 rg BT 283.47 651.60 Td (which ) Tj ET Q q 0 0 0 rg BT 310.26 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 319.29 651.60 Td (a ) Tj ET Q q 0 0 0 rg BT 326.08 651.60 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 386.20 651.60 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 429.66 651.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.34 651.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 466.58 651.60 Td (Holding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.36 651.60 Td (. ) Tj ET Q q 0 0 0 rg BT 504.21 651.60 Td (In ) Tj ET Q q 0 0 0 rg BT 514.89 651.60 Td (general, ) Tj ET Q q 0 0 0 rg BT 549.17 651.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 639.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 71.58 639.60 Td (and ) Tj ET Q q 0 0 0 rg BT 88.16 639.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 114.75 639.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 147.43 639.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 170.68 639.60 Td (are ) Tj ET Q q 0 0 0 rg BT 185.03 639.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 211.61 639.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 258.20 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 268.67 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 283.03 639.60 Td (issuer ) Tj ET Q q 0 0 0 rg BT 308.51 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 318.98 639.60 Td (such ) Tj ET Q q 0 0 0 rg BT 339.45 639.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 362.71 639.60 Td (that ) Tj ET Q q 0 0 0 rg BT 379.84 639.60 Td (rank ) Tj ET Q q 0 0 0 rg BT 399.76 639.60 Td (equally ) Tj ET Q q 0 0 0 rg BT 431.33 639.60 Td (with ) Tj ET Q q 0 0 0 rg BT 451.25 639.60 Td (all ) Tj ET Q q 0 0 0 rg BT 463.39 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 473.87 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 488.23 639.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 522.04 639.60 Td (and ) Tj ET Q q 0 0 0 rg BT 538.62 639.60 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 627.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 72.40 627.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 92.58 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 103.87 627.60 Td (such ) Tj ET Q q 0 0 0 rg BT 125.16 627.60 Td (issuer ) Tj ET Q q 0 0 0 rg BT 151.45 627.60 Td (and ) Tj ET Q q 0 0 0 rg BT 168.85 627.60 Td (are ) Tj ET Q q 0 0 0 rg BT 184.02 627.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 211.42 627.60 Td (to ) Tj ET Q q 0 0 0 rg BT 222.16 627.60 Td (all ) Tj ET Q q 0 0 0 rg BT 235.12 627.60 Td (existing ) Tj ET Q q 0 0 0 rg BT 269.74 627.60 Td (and ) Tj ET Q q 0 0 0 rg BT 287.14 627.60 Td (future ) Tj ET Q q 0 0 0 rg BT 313.98 627.60 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 368.60 627.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 388.78 627.60 Td (of ) Tj ET Q q 0 0 0 rg BT 400.07 627.60 Td (such ) Tj ET Q q 0 0 0 rg BT 421.36 627.60 Td (issuer) Tj ET Q q 0 0 0 rg BT 444.14 627.60 Td (. ) Tj ET Q q 0 0 0 rg BT 449.60 627.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 468.11 627.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 495.51 627.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 529.01 627.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 553.08 627.60 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 615.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 76.87 615.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 106.51 615.60 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 151.70 615.60 Td (from ) Tj ET Q q 0 0 0 rg BT 173.57 615.60 Td (other ) Tj ET Q q 0 0 0 rg BT 196.55 615.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 246.21 615.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.79 615.60 Td (V) Tj ET Q q 0 0 0 rg BT 262.73 615.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.82 615.60 Td ( ) Tj ET Q q 0 0 0 rg BT 321.26 615.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 335.35 615.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 373.88 615.60 Td (in ) Tj ET Q q 0 0 0 rg BT 384.10 615.60 Td (the ) Tj ET Q q 0 0 0 rg BT 398.75 615.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 442.27 615.60 Td (indenture\) ) Tj ET Q q 0 0 0 rg BT 485.80 615.60 Td (and ) Tj ET Q q 0 0 0 rg BT 502.68 615.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 517.33 615.60 Td (are ) Tj ET Q q 0 0 0 rg BT 531.97 615.60 Td (secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 603.60 Td (by ) Tj ET Q q 0 0 0 rg BT 57.82 603.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 87.85 603.60 Td (pledges ) Tj ET Q q 0 0 0 rg BT 121.22 603.60 Td (or ) Tj ET Q q 0 0 0 rg BT 132.37 603.60 Td (liens ) Tj ET Q q 0 0 0 rg BT 154.08 603.60 Td (over ) Tj ET Q q 0 0 0 rg BT 174.68 603.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 204.70 603.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 230.86 603.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 259.23 603.60 Td (shares ) Tj ET Q q 0 0 0 rg BT 287.04 603.60 Td (of ) Tj ET Q q 0 0 0 rg BT 298.19 603.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 328.22 603.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 378.26 603.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.21 603.60 Td (V) Tj ET Q q 0 0 0 rg BT 395.14 603.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.24 603.60 Td (. ) Tj ET Q q 0 0 0 rg BT 456.56 603.60 Td (In ) Tj ET Q q 0 0 0 rg BT 467.71 603.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 505.81 603.60 Td (the ) Tj ET Q q 0 0 0 rg BT 520.85 603.60 Td (indentures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 591.60 Td (governing ) Tj ET Q q 0 0 0 rg BT 88.05 591.60 Td (our ) Tj ET Q q 0 0 0 rg BT 103.88 591.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 130.82 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 147.75 591.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 174.69 591.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 207.73 591.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 231.34 591.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 263.27 591.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 292.97 591.60 Td (covenants, ) Tj ET Q q 0 0 0 rg BT 337.96 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 352.68 591.60 Td (more ) Tj ET Q q 0 0 0 rg BT 375.72 591.60 Td (notable ) Tj ET Q q 0 0 0 rg BT 407.66 591.60 Td (of ) Tj ET Q q 0 0 0 rg BT 418.49 591.60 Td (which ) Tj ET Q q 0 0 0 rg BT 445.42 591.60 Td (are ) Tj ET Q q 0 0 0 rg BT 460.13 591.60 Td (as ) Tj ET Q q 0 0 0 rg BT 470.96 591.60 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 567.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 567.60 Td (Subject ) Tj ET Q q 0 0 0 rg BT 114.68 567.60 Td (to ) Tj ET Q q 0 0 0 rg BT 126.14 567.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 157.03 567.60 Td (materiality ) Tj ET Q q 0 0 0 rg BT 204.03 567.60 Td (qualifications ) Tj ET Q q 0 0 0 rg BT 262.15 567.60 Td (and ) Tj ET Q q 0 0 0 rg BT 280.27 567.60 Td (other ) Tj ET Q q 0 0 0 rg BT 304.50 567.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 349.84 567.60 Td (and ) Tj ET Q q 0 0 0 rg BT 367.97 567.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 398.30 567.60 Td (exceptions, ) Tj ET Q q 0 0 0 rg BT 447.25 567.60 Td (our ) Tj ET Q q 0 0 0 rg BT 464.26 567.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 489.06 567.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 522.18 567.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 535.30 567.60 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 555.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 125.32 555.60 Td (incurrence-based ) Tj ET Q q 0 0 0 rg BT 196.28 555.60 Td (covenants ) Tj ET Q q 0 0 0 rg BT 238.93 555.60 Td (and ) Tj ET Q q 0 0 0 rg BT 256.04 555.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 270.92 555.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 300.79 555.60 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 347.90 555.60 Td (that, ) Tj ET Q q 0 0 0 rg BT 368.06 555.60 Td (among ) Tj ET Q q 0 0 0 rg BT 397.94 555.60 Td (other ) Tj ET Q q 0 0 0 rg BT 421.16 555.60 Td (things, ) Tj ET Q q 0 0 0 rg BT 450.77 555.60 Td (restrict ) Tj ET Q q 0 0 0 rg BT 481.20 555.60 Td (the ) Tj ET Q q 0 0 0 rg BT 496.09 555.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 524.31 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 535.30 555.60 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 543.60 Td (of ) Tj ET Q q 0 0 0 rg BT 91.49 543.60 Td (our ) Tj ET Q q 0 0 0 rg BT 106.97 543.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 156.35 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 166.28 543.60 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 179.54 543.60 Td (incur ) Tj ET Q q 0 0 0 rg BT 202.24 543.60 Td (or ) Tj ET Q q 0 0 0 rg BT 212.73 543.60 Td (guarantee ) Tj ET Q q 0 0 0 rg BT 253.75 543.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 283.11 543.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 320.25 543.60 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 376.56 543.60 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 390.38 543.60 Td (make ) Tj ET Q q 0 0 0 rg BT 414.19 543.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 443.55 543.60 Td (disposals ) Tj ET Q q 0 0 0 rg BT 482.38 543.60 Td (and ) Tj ET Q q 0 0 0 rg BT 498.97 543.60 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 551.40 543.60 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 531.60 Td (create ) Tj ET Q q 0 0 0 rg BT 107.69 531.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 137.72 531.60 Td (security ) Tj ET Q q 0 0 0 rg BT 172.21 531.60 Td (interests ) Tj ET Q q 0 0 0 rg BT 208.36 531.60 Td (over ) Tj ET Q q 0 0 0 rg BT 228.96 531.60 Td (their ) Tj ET Q q 0 0 0 rg BT 250.12 531.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 278.78 531.60 Td (and ) Tj ET Q q 0 0 0 rg BT 296.04 531.60 Td (\(d\) ) Tj ET Q q 0 0 0 rg BT 310.53 531.60 Td (make ) Tj ET Q q 0 0 0 rg BT 335.02 531.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 365.05 531.60 Td (restricted ) Tj ET Q q 0 0 0 rg BT 405.08 531.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 446.24 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 456.84 531.60 Td (their ) Tj ET Q q 0 0 0 rg BT 478.00 531.60 Td (direct ) Tj ET Q q 0 0 0 rg BT 503.59 531.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 531.97 531.60 Td (indirect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 519.60 Td (parent ) Tj ET Q q 0 0 0 rg BT 108.49 519.60 Td (companies ) Tj ET Q q 0 0 0 rg BT 153.75 519.60 Td (through ) Tj ET Q q 0 0 0 rg BT 187.36 519.60 Td (dividends, ) Tj ET Q q 0 0 0 rg BT 231.24 519.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 254.85 519.60 Td (or ) Tj ET Q q 0 0 0 rg BT 265.68 519.60 Td (other ) Tj ET Q q 0 0 0 rg BT 288.73 519.60 Td (distributions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 495.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 495.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 98.94 495.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 122.43 495.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 155.36 495.60 Td (that ) Tj ET Q q 0 0 0 rg BT 172.74 495.60 Td (any ) Tj ET Q q 0 0 0 rg BT 189.57 495.60 Td (failure ) Tj ET Q q 0 0 0 rg BT 218.05 495.60 Td (to ) Tj ET Q q 0 0 0 rg BT 228.21 495.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 245.03 495.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 282.96 495.60 Td (after ) Tj ET Q q 0 0 0 rg BT 303.66 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 318.26 495.60 Td (expiration ) Tj ET Q q 0 0 0 rg BT 361.19 495.60 Td (of ) Tj ET Q q 0 0 0 rg BT 371.91 495.60 Td (any ) Tj ET Q q 0 0 0 rg BT 388.73 495.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 432.20 495.60 Td (grace ) Tj ET Q q 0 0 0 rg BT 456.23 495.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 486.67 495.60 Td (or ) Tj ET Q q 0 0 0 rg BT 497.38 495.60 Td (any ) Tj ET Q q 0 0 0 rg BT 514.21 495.60 Td (acceleration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 483.60 Td (with ) Tj ET Q q 0 0 0 rg BT 100.72 483.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 130.98 483.60 Td (to ) Tj ET Q q 0 0 0 rg BT 140.70 483.60 Td (other ) Tj ET Q q 0 0 0 rg BT 163.19 483.60 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 216.79 483.60 Td (of ) Tj ET Q q 0 0 0 rg BT 227.06 483.60 Td (the ) Tj ET Q q 0 0 0 rg BT 241.22 483.60 Td (issuer ) Tj ET Q q 0 0 0 rg BT 266.50 483.60 Td (or ) Tj ET Q q 0 0 0 rg BT 276.77 483.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 305.92 483.60 Td (of ) Tj ET Q q 0 0 0 rg BT 316.19 483.60 Td (our ) Tj ET Q q 0 0 0 rg BT 331.46 483.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 380.62 483.60 Td (over ) Tj ET Q q 0 0 0 rg BT 400.34 483.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 428.92 483.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 469.76 483.60 Td (thresholds ) Tj ET Q q 0 0 0 rg BT 512.81 483.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 526.42 483.60 Td (specified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 471.60 Td (under ) Tj ET Q q 0 0 0 rg BT 106.27 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 120.99 471.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 164.57 471.60 Td (indenture\),is ) Tj ET Q q 0 0 0 rg BT 219.84 471.60 Td (an ) Tj ET Q q 0 0 0 rg BT 231.78 471.60 Td (event ) Tj ET Q q 0 0 0 rg BT 255.93 471.60 Td (of ) Tj ET Q q 0 0 0 rg BT 266.76 471.60 Td (default ) Tj ET Q q 0 0 0 rg BT 297.03 471.60 Td (under ) Tj ET Q q 0 0 0 rg BT 322.29 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 337.01 471.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 380.04 471.60 Td (notes;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 447.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 447.60 Td (If ) Tj ET Q q 0 0 0 rg BT 90.19 447.60 Td (the ) Tj ET Q q 0 0 0 rg BT 104.94 447.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 139.67 447.60 Td (issuer ) Tj ET Q q 0 0 0 rg BT 165.53 447.60 Td (or ) Tj ET Q q 0 0 0 rg BT 176.39 447.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 206.12 447.60 Td (of ) Tj ET Q q 0 0 0 rg BT 216.98 447.60 Td (its ) Tj ET Q q 0 0 0 rg BT 228.95 447.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 278.70 447.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 292.89 447.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 331.51 447.60 Td (in ) Tj ET Q q 0 0 0 rg BT 341.82 447.60 Td (the ) Tj ET Q q 0 0 0 rg BT 356.57 447.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 400.18 447.60 Td (indenture\) ) Tj ET Q q 0 0 0 rg BT 443.81 447.60 Td (sell ) Tj ET Q q 0 0 0 rg BT 460.22 447.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 489.96 447.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 518.31 447.60 Td (such ) Tj ET Q q 0 0 0 rg BT 539.17 447.60 Td (issuer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 435.60 Td (must, ) Tj ET Q q 0 0 0 rg BT 106.48 435.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 138.34 435.60 Td (to ) Tj ET Q q 0 0 0 rg BT 149.65 435.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 180.38 435.60 Td (materiality ) Tj ET Q q 0 0 0 rg BT 227.23 435.60 Td (qualifications ) Tj ET Q q 0 0 0 rg BT 285.19 435.60 Td (and ) Tj ET Q q 0 0 0 rg BT 303.16 435.60 Td (other ) Tj ET Q q 0 0 0 rg BT 327.24 435.60 Td (customary ) Tj ET Q q 0 0 0 rg BT 372.42 435.60 Td (and ) Tj ET Q q 0 0 0 rg BT 390.39 435.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 420.57 435.60 Td (exceptions, ) Tj ET Q q 0 0 0 rg BT 469.37 435.60 Td (of) Tj ET Q q 0 0 0 rg BT 477.52 435.60 Td (fer ) Tj ET Q q 0 0 0 rg BT 492.15 435.60 Td (to ) Tj ET Q q 0 0 0 rg BT 503.46 435.60 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 550.29 435.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 423.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 124.81 423.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 148.65 423.60 Td (at ) Tj ET Q q 0 0 0 rg BT 158.59 423.60 Td (par) Tj ET Q q 0 0 0 rg BT 170.96 423.60 Td (, ) Tj ET Q q 0 0 0 rg BT 176.18 423.60 Td (or ) Tj ET Q q 0 0 0 rg BT 187.24 423.60 Td (if ) Tj ET Q q 0 0 0 rg BT 196.07 423.60 Td (a ) Tj ET Q q 0 0 0 rg BT 203.23 423.60 Td (change ) Tj ET Q q 0 0 0 rg BT 234.27 423.60 Td (of ) Tj ET Q q 0 0 0 rg BT 245.33 423.60 Td (control ) Tj ET Q q 0 0 0 rg BT 276.38 423.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 290.76 423.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 329.58 423.60 Td (in ) Tj ET Q q 0 0 0 rg BT 340.08 423.60 Td (the ) Tj ET Q q 0 0 0 rg BT 355.02 423.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 398.84 423.60 Td (indenture\) ) Tj ET Q q 0 0 0 rg BT 442.66 423.60 Td (occurs, ) Tj ET Q q 0 0 0 rg BT 473.98 423.60 Td (such ) Tj ET Q q 0 0 0 rg BT 495.03 423.60 Td (issuer ) Tj ET Q q 0 0 0 rg BT 521.09 423.60 Td (must ) Tj ET Q q 0 0 0 rg BT 543.26 423.60 Td (of) Tj ET Q q 0 0 0 rg BT 551.41 423.60 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 411.60 Td (to ) Tj ET Q q 0 0 0 rg BT 91.28 411.60 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 137.08 411.60 Td (all ) Tj ET Q q 0 0 0 rg BT 149.58 411.60 Td (of ) Tj ET Q q 0 0 0 rg BT 160.41 411.60 Td (the ) Tj ET Q q 0 0 0 rg BT 175.13 411.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 209.83 411.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 233.44 411.60 Td (at ) Tj ET Q q 0 0 0 rg BT 243.15 411.60 Td (a ) Tj ET Q q 0 0 0 rg BT 250.09 411.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 298.13 411.60 Td (price ) Tj ET Q q 0 0 0 rg BT 320.62 411.60 Td (of ) Tj ET Q q 0 0 0 rg BT 331.45 411.60 Td (101%; ) Tj ET Q q 0 0 0 rg BT 360.06 411.60 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 387.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 387.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 98.46 387.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 124.81 387.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 157.25 387.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 180.27 387.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 211.62 387.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 240.73 387.60 Td (early ) Tj ET Q q 0 0 0 rg BT 262.62 387.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 310.07 387.60 Td (provisions ) Tj ET Q q 0 0 0 rg BT 353.65 387.60 Td (including, ) Tj ET Q q 0 0 0 rg BT 395.83 387.60 Td (for ) Tj ET Q q 0 0 0 rg BT 409.40 387.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 438.51 387.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 464.86 387.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 497.31 387.60 Td (notes, ) Tj ET Q q 0 0 0 rg BT 522.83 387.60 Td (the ) Tj ET Q q 0 0 0 rg BT 536.95 387.60 Td (ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 375.60 Td (to, ) Tj ET Q q 0 0 0 rg BT 93.69 375.60 Td (during ) Tj ET Q q 0 0 0 rg BT 122.22 375.60 Td (each ) Tj ET Q q 0 0 0 rg BT 142.95 375.60 Td (12-month ) Tj ET Q q 0 0 0 rg BT 184.25 375.60 Td (period ) Tj ET Q q 0 0 0 rg BT 212.22 375.60 Td (commencing ) Tj ET Q q 0 0 0 rg BT 266.28 375.60 Td (on ) Tj ET Q q 0 0 0 rg BT 278.70 375.60 Td (the ) Tj ET Q q 0 0 0 rg BT 293.33 375.60 Td (issue ) Tj ET Q q 0 0 0 rg BT 315.75 375.60 Td (date ) Tj ET Q q 0 0 0 rg BT 334.82 375.60 Td (for ) Tj ET Q q 0 0 0 rg BT 348.89 375.60 Td (such ) Tj ET Q q 0 0 0 rg BT 369.64 375.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 393.17 375.60 Td (until ) Tj ET Q q 0 0 0 rg BT 413.92 375.60 Td (the ) Tj ET Q q 0 0 0 rg BT 428.55 375.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 472.05 375.60 Td (call ) Tj ET Q q 0 0 0 rg BT 488.90 375.60 Td (date, ) Tj ET Q q 0 0 0 rg BT 510.47 375.60 Td (redeem ) Tj ET Q q 0 0 0 rg BT 542.31 375.60 Td (up ) Tj ET Q q 0 0 0 rg BT 554.73 375.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 363.60 Td (10% ) Tj ET Q q 0 0 0 rg BT 101.45 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 111.90 363.60 Td (the ) Tj ET Q q 0 0 0 rg BT 126.24 363.60 Td (original ) Tj ET Q q 0 0 0 rg BT 159.46 363.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 197.13 363.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 229.24 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 239.69 363.60 Td (the ) Tj ET Q q 0 0 0 rg BT 254.03 363.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 277.26 363.60 Td (at ) Tj ET Q q 0 0 0 rg BT 286.60 363.60 Td (a ) Tj ET Q q 0 0 0 rg BT 293.15 363.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 340.82 363.60 Td (price ) Tj ET Q q 0 0 0 rg BT 362.92 363.60 Td (equal ) Tj ET Q q 0 0 0 rg BT 386.70 363.60 Td (to ) Tj ET Q q 0 0 0 rg BT 396.60 363.60 Td (103% ) Tj ET Q q 0 0 0 rg BT 422.05 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 432.50 363.60 Td (the ) Tj ET Q q 0 0 0 rg BT 446.84 363.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 484.50 363.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 516.62 363.60 Td (of ) Tj ET Q q 0 0 0 rg BT 527.07 363.60 Td (the ) Tj ET Q q 0 0 0 rg BT 541.40 363.60 Td (notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 351.60 Td (to ) Tj ET Q q 0 0 0 rg BT 91.28 351.60 Td (be ) Tj ET Q q 0 0 0 rg BT 103.22 351.60 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 144.58 351.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 163.75 351.60 Td (accrued ) Tj ET Q q 0 0 0 rg BT 197.33 351.60 Td (and ) Tj ET Q q 0 0 0 rg BT 214.27 351.60 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 243.99 351.60 Td (interest.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 327.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 82.06 327.60 Td (Facilities) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 120.39 327.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 303.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.51 303.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 111.47 303.60 Td (Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.13 303.60 Td ( ) Tj ET Q q 0 0 0 rg BT 152.09 303.60 Td (are ) Tj ET Q q 0 0 0 rg BT 168.26 303.60 Td (the ) Tj ET Q q 0 0 0 rg BT 184.44 303.60 Td (senior ) Tj ET Q q 0 0 0 rg BT 212.84 303.60 Td (secured ) Tj ET Q q 0 0 0 rg BT 247.34 303.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 274.06 303.60 Td (facilities ) Tj ET Q q 0 0 0 rg BT 312.46 303.60 Td (of ) Tj ET Q q 0 0 0 rg BT 324.75 303.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 355.91 303.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 407.09 303.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.10 303.60 Td (V) Tj ET Q q 0 0 0 rg BT 425.03 303.60 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.12 303.60 Td (. ) Tj ET Q q 0 0 0 rg BT 487.30 303.60 Td (The ) Tj ET Q q 0 0 0 rg BT 506.81 303.60 Td (details ) Tj ET Q q 0 0 0 rg BT 536.88 303.60 Td (of ) Tj ET Q q 0 0 0 rg BT 549.17 303.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 291.60 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 93.05 291.60 Td (under ) Tj ET Q q 0 0 0 rg BT 118.32 291.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.04 291.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 160.53 291.60 Td (Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.19 291.60 Td ( ) Tj ET Q q 0 0 0 rg BT 199.69 291.60 Td (as ) Tj ET Q q 0 0 0 rg BT 210.52 291.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.35 291.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 279.94 291.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.94 291.60 Td ( ) Tj ET Q q 0 0 0 rg BT 302.44 291.60 Td (are ) Tj ET Q q 0 0 0 rg BT 317.14 291.60 Td (summarized ) Tj ET Q q 0 0 0 rg BT 368.52 291.60 Td (in ) Tj ET Q q 0 0 0 rg BT 378.79 291.60 Td (the ) Tj ET Q q 0 0 0 rg BT 393.51 291.60 Td (following ) Tj ET Q q 0 0 0 rg BT 434.90 291.60 Td (table:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 46.75 207.10 118.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 164.75 207.10 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.75 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.75 207.10 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.75 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.75 207.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.75 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.75 207.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.75 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.75 207.10 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.75 207.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.75 207.10 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 46.75 177.10 118.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 164.75 177.10 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.75 177.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.75 177.10 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.75 177.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.75 177.10 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.75 177.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.75 177.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.75 177.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.75 177.10 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.75 177.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.75 177.10 44.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 46.75 221.10000000000002 m 160.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 164.75 221.10000000000002 m 249.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.75 221.10000000000002 m 340.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 221.10000000000002 m 398.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.75 221.10000000000002 m 459.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.75 221.10000000000002 m 511.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.75 221.10000000000002 m 559.75 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.75 162.10000000000002 m 459.75 162.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.75 148.10000000000002 m 459.75 148.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.75 146.10000000000002 m 459.75 146.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.75 162.10000000000002 m 511.75 162.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.75 148.10000000000002 m 511.75 148.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.75 146.10000000000002 m 511.75 146.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.75 162.10000000000002 m 559.75 162.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.75 148.10000000000002 m 559.75 148.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.75 146.10000000000002 m 559.75 146.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 49.25 225.55 Td (Cr) Tj ET Q q 0 0 0 rg BT 59.58 225.55 Td (edit Facility) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 189.25 225.55 Td (Maturity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.95 225.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 292.36 225.55 Td (est rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.75 270.55 Td (Facility) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.45 261.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.95 252.55 Td (\(in) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.05 243.55 Td (borr) Tj ET Q q 0 0 0 rg BT 368.46 243.55 Td (owing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.55 234.55 Td (curr) Tj ET Q q 0 0 0 rg BT 369.46 234.55 Td (ency\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 225.55 Td (\(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.70 243.55 Td (Outstanding) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.20 234.55 Td (principal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.95 225.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.70 252.55 Td (Unused) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.05 243.55 Td (borr) Tj ET Q q 0 0 0 rg BT 484.46 243.55 Td (owing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.25 234.55 Td (capacity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.75 225.55 Td (\(f\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.50 234.55 Td (Carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.35 225.55 Td (value \(b\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 49.25 211.55 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 167.25 211.55 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.25 211.55 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.60 211.55 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.25 197.67 Td (Facility E \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.40 196.77 Td (April 15, 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.50 196.77 Td (LIBOR + 2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.25 196.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.90 196.77 Td (2,525.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.25 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.90 196.77 Td (2,205.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.25 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.25 196.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.85 196.77 Td (2,207.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.25 182.67 Td (Facility F \(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.40 181.77 Td (April 15, 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.55 181.77 Td (EURIBOR + 3.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.25 181.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.90 181.77 Td (2,250.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.90 181.77 Td (2,250.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 181.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.85 181.77 Td (2,252.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.25 166.77 Td (Revolving Facility \(f\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.45 166.77 Td (December 31, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.20 166.77 Td (\(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.25 166.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 166.77 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.90 166.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.40 166.77 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.90 166.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.25 152.67 Td (T) Tj ET Q q 0 0 0 rg BT 66.66 152.67 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.25 151.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.90 151.77 Td (4,455.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.25 151.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.40 151.77 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.25 151.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.85 151.77 Td (4,459.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.25 147.60 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 45.00 123.60 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 99.60 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 99.60 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 111.17 99.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 150.32 99.60 Td (total ) Tj ET Q q 0 0 0 rg BT 170.59 99.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 215.85 99.60 Td (facility ) Tj ET Q q 0 0 0 rg BT 246.67 99.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 283.06 99.60 Td (as ) Tj ET Q q 0 0 0 rg BT 293.89 99.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.72 99.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 363.30 99.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.30 99.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 75.60 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 75.60 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 111.17 75.60 Td (are ) Tj ET Q q 0 0 0 rg BT 125.88 75.60 Td (net ) Tj ET Q q 0 0 0 rg BT 140.59 75.60 Td (of ) Tj ET Q q 0 0 0 rg BT 151.42 75.60 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 203.90 75.60 Td (premiums, ) Tj ET Q q 0 0 0 rg BT 248.90 75.60 Td (discounts, ) Tj ET Q q 0 0 0 rg BT 291.68 75.60 Td (and ) Tj ET Q q 0 0 0 rg BT 308.62 75.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 344.42 75.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 384.69 75.60 Td (costs, ) Tj ET Q q 0 0 0 rg BT 409.69 75.60 Td (as ) Tj ET Q q 0 0 0 rg BT 420.52 75.60 Td (applicable. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 51.60 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 51.60 Td (Facility ) Tj ET Q q 0 0 0 rg BT 105.05 51.60 Td (E) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.16 51.60 Td ( ) Tj ET Q q 0 0 0 rg BT 113.66 51.60 Td (has ) Tj ET Q q 0 0 0 rg BT 129.49 51.60 Td (a ) Tj ET Q q 0 0 0 rg BT 136.43 51.60 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 168.93 51.60 Td (floor ) Tj ET Q q 0 0 0 rg BT 190.87 51.60 Td (of ) Tj ET Q q 0 0 0 rg BT 201.70 51.60 Td (0.0%.) Tj ET Q endstream endobj 153 0 obj <> endobj 154 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 687.60 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 687.60 Td (Facility ) Tj ET Q q 0 0 0 rg BT 105.05 687.60 Td (F) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.61 687.60 Td ( ) Tj ET Q q 0 0 0 rg BT 113.11 687.60 Td (has ) Tj ET Q q 0 0 0 rg BT 128.94 687.60 Td (a ) Tj ET Q q 0 0 0 rg BT 135.88 687.60 Td (EURIBOR ) Tj ET Q q 0 0 0 rg BT 182.27 687.60 Td (floor ) Tj ET Q q 0 0 0 rg BT 204.21 687.60 Td (of ) Tj ET Q q 0 0 0 rg BT 215.04 687.60 Td (0.0%. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 663.60 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 663.60 Td (The ) Tj ET Q q 0 0 0 rg BT 91.40 663.60 Td (Revolving ) Tj ET Q q 0 0 0 rg BT 136.93 663.60 Td (Facility ) Tj ET Q q 0 0 0 rg BT 171.34 663.60 Td (bears ) Tj ET Q q 0 0 0 rg BT 196.29 663.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 229.59 663.60 Td (at ) Tj ET Q q 0 0 0 rg BT 240.66 663.60 Td (EURIBOR ) Tj ET Q q 0 0 0 rg BT 288.41 663.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 308.94 663.60 Td (2.75% ) Tj ET Q q 0 0 0 rg BT 338.63 663.60 Td (\(subject ) Tj ET Q q 0 0 0 rg BT 374.14 663.60 Td (to ) Tj ET Q q 0 0 0 rg BT 385.77 663.60 Td (a ) Tj ET Q q 0 0 0 rg BT 394.07 663.60 Td (mar) Tj ET Q q 0 0 0 rg BT 409.44 663.60 Td (gin ) Tj ET Q q 0 0 0 rg BT 426.07 663.60 Td (ratchet\) ) Tj ET Q q 0 0 0 rg BT 460.46 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 478.76 663.60 Td (has ) Tj ET Q q 0 0 0 rg BT 495.95 663.60 Td (a ) Tj ET Q q 0 0 0 rg BT 504.24 663.60 Td (fee ) Tj ET Q q 0 0 0 rg BT 520.31 663.60 Td (on ) Tj ET Q q 0 0 0 rg BT 534.17 663.60 Td (unused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 651.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 128.94 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 139.77 651.60 Td (40% ) Tj ET Q q 0 0 0 rg BT 160.60 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 171.43 651.60 Td (such ) Tj ET Q q 0 0 0 rg BT 192.26 651.60 Td (mar) Tj ET Q q 0 0 0 rg BT 207.63 651.60 Td (gin ) Tj ET Q q 0 0 0 rg BT 222.90 651.60 Td (per ) Tj ET Q q 0 0 0 rg BT 238.17 651.60 Td (year) Tj ET Q q 0 0 0 rg BT 254.83 651.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 627.60 Td (\(f\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 627.60 Td (Unused ) Tj ET Q q 0 0 0 rg BT 105.14 627.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 149.38 627.60 Td (capacity ) Tj ET Q q 0 0 0 rg BT 185.28 627.60 Td (represents ) Tj ET Q q 0 0 0 rg BT 228.40 627.60 Td (the ) Tj ET Q q 0 0 0 rg BT 243.20 627.60 Td (maximum ) Tj ET Q q 0 0 0 rg BT 286.34 627.60 Td (availability ) Tj ET Q q 0 0 0 rg BT 333.91 627.60 Td (under ) Tj ET Q q 0 0 0 rg BT 359.27 627.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.07 627.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 401.65 627.60 Td (Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.31 627.60 Td ( ) Tj ET Q q 0 0 0 rg BT 440.89 627.60 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.70 627.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 509.37 627.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.37 627.60 Td ( ) Tj ET Q q 0 0 0 rg BT 531.95 627.60 Td (without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 615.60 Td (regard ) Tj ET Q q 0 0 0 rg BT 99.59 615.60 Td (to ) Tj ET Q q 0 0 0 rg BT 109.42 615.60 Td (covenant ) Tj ET Q q 0 0 0 rg BT 147.56 615.60 Td (compliance ) Tj ET Q q 0 0 0 rg BT 195.70 615.60 Td (calculations ) Tj ET Q q 0 0 0 rg BT 245.51 615.60 Td (or ) Tj ET Q q 0 0 0 rg BT 255.89 615.60 Td (other ) Tj ET Q q 0 0 0 rg BT 278.48 615.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 322.20 615.60 Td (precedent ) Tj ET Q q 0 0 0 rg BT 363.11 615.60 Td (to ) Tj ET Q q 0 0 0 rg BT 372.94 615.60 Td (borrowing. ) Tj ET Q q 0 0 0 rg BT 418.69 615.60 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.74 615.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 488.88 615.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.88 615.60 Td (, ) Tj ET Q q 0 0 0 rg BT 513.43 615.60 Td (based ) Tj ET Q q 0 0 0 rg BT 538.25 615.60 Td (on ) Tj ET Q q 0 0 0 rg BT 550.30 615.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 603.60 Td (most ) Tj ET Q q 0 0 0 rg BT 93.49 603.60 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 135.52 603.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 178.65 603.60 Td (leverage ) Tj ET Q q 0 0 0 rg BT 214.56 603.60 Td (covenants ) Tj ET Q q 0 0 0 rg BT 256.59 603.60 Td (and ) Tj ET Q q 0 0 0 rg BT 273.07 603.60 Td (leverage-based ) Tj ET Q q 0 0 0 rg BT 335.08 603.60 Td (restricted ) Tj ET Q q 0 0 0 rg BT 374.33 603.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 410.80 603.60 Td (tests, ) Tj ET Q q 0 0 0 rg BT 433.13 603.60 Td (the ) Tj ET Q q 0 0 0 rg BT 447.39 603.60 Td (full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.32 603.60 Td (800.0 ) Tj ET Q q 0 0 0 rg BT 492.87 603.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.76 603.60 Td ( ) Tj ET Q q 0 0 0 rg BT 523.80 603.60 Td (of ) Tj ET Q q 0 0 0 rg BT 534.18 603.60 Td (unused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 591.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 115.89 591.60 Td (capacity ) Tj ET Q q 0 0 0 rg BT 151.42 591.60 Td (was ) Tj ET Q q 0 0 0 rg BT 169.20 591.60 Td (available ) Tj ET Q q 0 0 0 rg BT 207.52 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 217.52 591.60 Td (be ) Tj ET Q q 0 0 0 rg BT 229.19 591.60 Td (borrowed ) Tj ET Q q 0 0 0 rg BT 269.73 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 286.40 591.60 Td (there ) Tj ET Q q 0 0 0 rg BT 308.61 591.60 Td (were ) Tj ET Q q 0 0 0 rg BT 330.27 591.60 Td (no ) Tj ET Q q 0 0 0 rg BT 342.49 591.60 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 389.15 591.60 Td (on ) Tj ET Q q 0 0 0 rg BT 401.38 591.60 Td (our ) Tj ET Q q 0 0 0 rg BT 416.94 591.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 444.71 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 454.72 591.60 Td (make ) Tj ET Q q 0 0 0 rg BT 478.60 591.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 501.94 591.60 Td (or ) Tj ET Q q 0 0 0 rg BT 512.49 591.60 Td (distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 579.60 Td (from ) Tj ET Q q 0 0 0 rg BT 93.54 579.60 Td (this ) Tj ET Q q 0 0 0 rg BT 110.10 579.60 Td (availability) Tj ET Q q 0 0 0 rg BT 154.43 579.60 Td (. ) Tj ET Q q 0 0 0 rg BT 159.04 579.60 Td (Upon ) Tj ET Q q 0 0 0 rg BT 183.37 579.60 Td (completion ) Tj ET Q q 0 0 0 rg BT 230.46 579.60 Td (of ) Tj ET Q q 0 0 0 rg BT 240.90 579.60 Td (the ) Tj ET Q q 0 0 0 rg BT 255.22 579.60 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.53 579.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 347.72 579.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.72 579.60 Td ( ) Tj ET Q q 0 0 0 rg BT 369.83 579.60 Td (compliance ) Tj ET Q q 0 0 0 rg BT 418.02 579.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 456.78 579.60 Td (requirements ) Tj ET Q q 0 0 0 rg BT 511.09 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 527.64 579.60 Td (based ) Tj ET Q q 0 0 0 rg BT 552.51 579.60 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 85.79 567.60 Td (most ) Tj ET Q q 0 0 0 rg BT 106.82 567.60 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 148.38 567.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 191.04 567.60 Td (leverage ) Tj ET Q q 0 0 0 rg BT 226.48 567.60 Td (covenants ) Tj ET Q q 0 0 0 rg BT 268.04 567.60 Td (and ) Tj ET Q q 0 0 0 rg BT 284.06 567.60 Td (leverage-based ) Tj ET Q q 0 0 0 rg BT 345.60 567.60 Td (restricted ) Tj ET Q q 0 0 0 rg BT 384.38 567.60 Td (payment ) Tj ET Q q 0 0 0 rg BT 420.39 567.60 Td (tests, ) Tj ET Q q 0 0 0 rg BT 442.24 567.60 Td (without ) Tj ET Q q 0 0 0 rg BT 474.38 567.60 Td (considering ) Tj ET Q q 0 0 0 rg BT 522.61 567.60 Td (any ) Tj ET Q q 0 0 0 rg BT 538.63 567.60 Td (actual ) Tj ET Q q 0 0 0 rg BT 565.00 567.60 Td ( ) Tj ET Q q 0 0 0 rg BT 567.50 567.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 555.60 Td (or ) Tj ET Q q 0 0 0 rg BT 83.39 555.60 Td (potential ) Tj ET Q q 0 0 0 rg BT 121.44 555.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 156.70 555.60 Td (to ) Tj ET Q q 0 0 0 rg BT 167.54 555.60 Td (our ) Tj ET Q q 0 0 0 rg BT 183.93 555.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 228.65 555.60 Td (levels ) Tj ET Q q 0 0 0 rg BT 255.03 555.60 Td (or ) Tj ET Q q 0 0 0 rg BT 266.42 555.60 Td (any ) Tj ET Q q 0 0 0 rg BT 283.92 555.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 320.87 555.60 Td (loaned ) Tj ET Q q 0 0 0 rg BT 350.58 555.60 Td (or ) Tj ET Q q 0 0 0 rg BT 361.97 555.60 Td (distributed ) Tj ET Q q 0 0 0 rg BT 407.80 555.60 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 455.30 555.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.14 555.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 525.28 555.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.28 555.60 Td (, ) Tj ET Q q 0 0 0 rg BT 550.84 555.60 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 543.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 100.40 543.60 Td (that ) Tj ET Q q 0 0 0 rg BT 117.70 543.60 Td (the ) Tj ET Q q 0 0 0 rg BT 132.23 543.60 Td (full ) Tj ET Q q 0 0 0 rg BT 148.42 543.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 180.72 543.60 Td (of ) Tj ET Q q 0 0 0 rg BT 191.36 543.60 Td (unused ) Tj ET Q q 0 0 0 rg BT 222.00 543.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 265.96 543.60 Td (capacity ) Tj ET Q q 0 0 0 rg BT 301.58 543.60 Td (will ) Tj ET Q q 0 0 0 rg BT 319.45 543.60 Td (continue ) Tj ET Q q 0 0 0 rg BT 356.19 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 366.27 543.60 Td (be ) Tj ET Q q 0 0 0 rg BT 378.02 543.60 Td (available ) Tj ET Q q 0 0 0 rg BT 416.41 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 426.50 543.60 Td (be ) Tj ET Q q 0 0 0 rg BT 438.25 543.60 Td (borrowed ) Tj ET Q q 0 0 0 rg BT 478.87 543.60 Td (and ) Tj ET Q q 0 0 0 rg BT 495.62 543.60 Td (that ) Tj ET Q q 0 0 0 rg BT 512.92 543.60 Td (there ) Tj ET Q q 0 0 0 rg BT 535.21 543.60 Td (will ) Tj ET Q q 0 0 0 rg BT 553.08 543.60 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 531.60 Td (no ) Tj ET Q q 0 0 0 rg BT 84.50 531.60 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 131.43 531.60 Td (with ) Tj ET Q q 0 0 0 rg BT 151.71 531.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 182.53 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 192.81 531.60 Td (loans ) Tj ET Q q 0 0 0 rg BT 216.41 531.60 Td (or ) Tj ET Q q 0 0 0 rg BT 227.24 531.60 Td (distributions ) Tj ET Q q 0 0 0 rg BT 279.75 531.60 Td (from ) Tj ET Q q 0 0 0 rg BT 301.69 531.60 Td (this ) Tj ET Q q 0 0 0 rg BT 318.64 531.60 Td (availability) Tj ET Q q 0 0 0 rg BT 362.97 531.60 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 507.60 Td (Refinancing T) Tj ET Q q 0 0 0 rg BT 113.36 507.60 Td (ransactions) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 483.60 Td (2018 Refinancing T) Tj ET Q q 0 0 0 rg BT 132.33 483.60 Td (ransactions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.00 483.60 Td (There were no refinancing transactions during 2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 459.60 Td (2017 ) Tj ET Q q 0 0 0 rg BT 76.34 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 93.69 459.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 116.03 459.60 Td (Refinancing ) Tj ET Q q 0 0 0 rg BT 166.70 459.60 Td (T) Tj ET Q q 0 0 0 rg BT 171.71 459.60 Td (ransactions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.22 459.60 Td (During ) Tj ET Q q 0 0 0 rg BT 253.89 459.60 Td (2017 ) Tj ET Q q 0 0 0 rg BT 276.24 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 293.02 459.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 317.86 459.60 Td (we ) Tj ET Q q 0 0 0 rg BT 331.87 459.60 Td (completed ) Tj ET Q q 0 0 0 rg BT 375.86 459.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 405.41 459.60 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 453.28 459.60 Td (transactions ) Tj ET Q q 0 0 0 rg BT 503.39 459.60 Td (that ) Tj ET Q q 0 0 0 rg BT 520.73 459.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 554.73 459.60 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 447.60 Td (a ) Tj ET Q q 0 0 0 rg BT 51.11 447.60 Td (gain ) Tj ET Q q 0 0 0 rg BT 70.00 447.60 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 93.89 447.60 Td (on ) Tj ET Q q 0 0 0 rg BT 105.56 447.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 124.44 447.60 Td (modification ) Tj ET Q q 0 0 0 rg BT 177.21 447.60 Td (and ) Tj ET Q q 0 0 0 rg BT 193.32 447.60 Td (extinguishment, ) Tj ET Q q 0 0 0 rg BT 259.15 447.60 Td (net, ) Tj ET Q q 0 0 0 rg BT 275.54 447.60 Td (of ) Tj ET Q q 0 0 0 rg BT 285.54 447.60 Td (15.2 ) Tj ET Q q 0 0 0 rg BT 309.71 447.60 Td (million ) Tj ET Q q 0 0 0 rg BT 340.27 447.60 Td (and ) Tj ET Q q 0 0 0 rg BT 356.38 447.60 Td (\(14.3 ) Tj ET Q q 0 0 0 rg BT 383.88 447.60 Td (million\), ) Tj ET Q q 0 0 0 rg BT 420.27 447.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 467.93 447.60 Td (. ) Tj ET Q q 0 0 0 rg BT 471.98 447.60 Td (These ) Tj ET Q q 0 0 0 rg BT 497.53 447.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 533.08 447.60 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 435.60 Td (the ) Tj ET Q q 0 0 0 rg BT 59.67 435.60 Td (write-of) Tj ET Q q 0 0 0 rg BT 91.69 435.60 Td (f ) Tj ET Q q 0 0 0 rg BT 97.47 435.60 Td (of ) Tj ET Q q 0 0 0 rg BT 108.25 435.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 120.14 435.60 Td (21.6 ) Tj ET Q q 0 0 0 rg BT 145.09 435.60 Td (million ) Tj ET Q q 0 0 0 rg BT 176.43 435.60 Td (of ) Tj ET Q q 0 0 0 rg BT 187.21 435.60 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 239.65 435.60 Td (premiums ) Tj ET Q q 0 0 0 rg BT 282.09 435.60 Td (and ) Tj ET Q q 0 0 0 rg BT 298.98 435.60 Td (1) Tj ET Q q 0 0 0 rg BT 308.61 435.60 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 323.56 435.60 Td (million ) Tj ET Q q 0 0 0 rg BT 354.90 435.60 Td (of ) Tj ET Q q 0 0 0 rg BT 365.68 435.60 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 418.11 435.60 Td (discounts, ) Tj ET Q q 0 0 0 rg BT 460.84 435.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 508.50 435.60 Td (, ) Tj ET Q q 0 0 0 rg BT 513.45 435.60 Td (and ) Tj ET Q q 0 0 0 rg BT 530.34 435.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 545.01 435.60 Td (6.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 423.60 Td (million ) Tj ET Q q 0 0 0 rg BT 76.39 423.60 Td (and ) Tj ET Q q 0 0 0 rg BT 93.33 423.60 Td (2.9 ) Tj ET Q q 0 0 0 rg BT 113.33 423.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 147.22 423.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 194.88 423.60 Td (, ) Tj ET Q q 0 0 0 rg BT 199.88 423.60 Td (of ) Tj ET Q q 0 0 0 rg BT 210.71 423.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 246.52 423.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 286.78 423.60 Td (costs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 399.60 Td (Senior and Senior Secured Notes) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 190.68 399.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 375.60 Td (The ) Tj ET Q q 0 0 0 rg BT 81.05 375.60 Td (details ) Tj ET Q q 0 0 0 rg BT 109.65 375.60 Td (of ) Tj ET Q q 0 0 0 rg BT 120.48 375.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.20 375.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 163.81 375.60 Td (and ) Tj ET Q q 0 0 0 rg BT 180.74 375.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 209.35 375.60 Td (Secured ) Tj ET Q q 0 0 0 rg BT 244.06 375.60 Td (Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.39 375.60 Td ( ) Tj ET Q q 0 0 0 rg BT 269.89 375.60 Td (as ) Tj ET Q q 0 0 0 rg BT 280.72 375.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.55 375.60 Td (December31, ) Tj ET Q q 0 0 0 rg BT 350.13 375.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.13 375.60 Td ( ) Tj ET Q q 0 0 0 rg BT 372.63 375.60 Td (are ) Tj ET Q q 0 0 0 rg BT 387.34 375.60 Td (summarized ) Tj ET Q q 0 0 0 rg BT 438.71 375.60 Td (in ) Tj ET Q q 0 0 0 rg BT 448.99 375.60 Td (the ) Tj ET Q q 0 0 0 rg BT 463.71 375.60 Td (following ) Tj ET Q q 0 0 0 rg BT 505.09 375.60 Td (table:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 288.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 288.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 288.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 288.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 288.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 288.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 45.50 273.10 206.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 251.50 273.10 84.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 335.50 273.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 339.50 273.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 392.50 273.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 396.50 273.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 449.50 273.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 453.50 273.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 506.50 273.10 4.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 510.50 273.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 258.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 258.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 258.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 258.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 258.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 258.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 258.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 258.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 258.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 258.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 45.50 243.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 228.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 228.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 228.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 228.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 228.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 228.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 228.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 228.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 228.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 228.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 45.50 213.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 198.10 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 198.10 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 198.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 198.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 198.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 198.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 198.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 198.10 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 198.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 198.10 53.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 45.50 183.10 206.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 333.1 m 449.5 333.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 333.1 m 453.5 333.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 333.1 m 506.5 333.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 333.1 m 510.5 333.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 301.1 m 247.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 301.1 m 335.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 301.1 m 392.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 301.1 m 449.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 301.1 m 506.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 301.1 m 510.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 301.1 m 563.5 301.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 168.10000000000002 m 506.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 154.10000000000002 m 506.5 154.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 152.10000000000002 m 506.5 152.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 168.10000000000002 m 563.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 154.10000000000002 m 563.5 154.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 152.10000000000002 m 563.5 152.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.35 346.55 Td (Outstanding principal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.20 337.55 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 305.55 Td (Senior) Tj ET Q q 0 0 0 rg BT 72.84 305.55 Td ( and Senior) Tj ET Q q 0 0 0 rg BT 116.69 305.55 Td ( Secur) Tj ET Q q 0 0 0 rg BT 140.77 305.55 Td (ed Notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.50 305.55 Td (Maturity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.55 314.55 Td (Inter) Tj ET Q q 0 0 0 rg BT 369.96 314.55 Td (est) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.75 305.55 Td (rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.80 314.55 Td (Borr) Tj ET Q q 0 0 0 rg BT 420.21 314.55 Td (owing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.30 305.55 Td (curr) Tj ET Q q 0 0 0 rg BT 422.21 305.55 Td (ency) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.80 314.55 Td (Eur) Tj ET Q q 0 0 0 rg BT 484.72 314.55 Td (o) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 305.55 Td (equivalent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.75 314.55 Td (Carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.85 305.55 Td (value \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 292.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.00 292.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 292.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.35 292.50 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 278.67 Td (2020 Euro Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.20 277.77 Td (March 27, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 277.77 Td (3.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 277.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 277.77 Td (71.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 277.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 277.77 Td (71.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.00 277.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 277.77 Td (72.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 263.67 Td (2024 Euro Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.05 262.77 Td (May 15, 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 262.77 Td (7.125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 262.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 262.77 Td (743.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 262.77 Td (743.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 262.77 Td (822.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 248.67 Td (2025 Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 247.77 Td (January 15, 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 247.77 Td (3.750%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 247.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 247.77 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 247.77 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 247.77 Td (810.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 233.67 Td (2025 Euro Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 232.77 Td (January 15, 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 232.77 Td (4.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 232.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 232.77 Td (400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 232.77 Td (400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 232.77 Td (408.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 218.67 Td (2025 Dollar Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 217.77 Td (January 15, 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 217.77 Td (5.875%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 217.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 217.77 Td (400.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 217.77 Td (349.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 217.77 Td (348.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 203.67 Td (2027 Dollar Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 202.77 Td (January 15, 2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 202.77 Td (5.500%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 202.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 202.77 Td (2,000.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 202.77 Td (1,746.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 202.77 Td (1,71) Tj ET Q q 0 0 0 rg BT 547.15 202.77 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 188.67 Td (2027 Euro Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 187.77 Td (January 15, 2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 187.77 Td (4.250%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 187.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 187.77 Td (775.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 187.77 Td (775.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 187.77 Td (776.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 173.67 Td (2027 Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.70 172.77 Td (January 15, 2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.05 172.77 Td (6.000%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 172.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 172.77 Td (625.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 172.77 Td (545.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 172.77 Td (533.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 158.67 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 158.67 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 157.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 157.77 Td (5,431.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.00 157.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 157.77 Td (5,482.8) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 45.00 141.60 Td (_______________) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 45.00 129.60 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 117.60 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 117.60 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 111.17 117.60 Td (include ) Tj ET Q q 0 0 0 rg BT 143.10 117.60 Td (the ) Tj ET Q q 0 0 0 rg BT 157.82 117.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 187.53 117.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.36 117.60 Td (premiums.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 93.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.32 93.60 Td (2020 ) Tj ET Q q 0 0 0 rg BT 104.10 93.60 Td (Euro ) Tj ET Q q 0 0 0 rg BT 126.32 93.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 155.20 93.60 Td (Secured ) Tj ET Q q 0 0 0 rg BT 190.19 93.60 Td (Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.52 93.60 Td ( ) Tj ET Q q 0 0 0 rg BT 216.29 93.60 Td (are ) Tj ET Q q 0 0 0 rg BT 231.28 93.60 Td (non-callable. ) Tj ET Q q 0 0 0 rg BT 285.36 93.60 Td (At ) Tj ET Q q 0 0 0 rg BT 298.14 93.60 Td (any ) Tj ET Q q 0 0 0 rg BT 315.36 93.60 Td (time ) Tj ET Q q 0 0 0 rg BT 335.91 93.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 358.12 93.60 Td (to ) Tj ET Q q 0 0 0 rg BT 368.68 93.60 Td (maturity) Tj ET Q q 0 0 0 rg BT 401.91 93.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.19 93.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 433.85 93.60 Td (B.V) Tj ET Q q 0 0 0 rg BT 448.95 93.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.45 93.60 Td ( ) Tj ET Q q 0 0 0 rg BT 454.23 93.60 Td (may ) Tj ET Q q 0 0 0 rg BT 474.23 93.60 Td (redeem ) Tj ET Q q 0 0 0 rg BT 506.43 93.60 Td (some ) Tj ET Q q 0 0 0 rg BT 530.31 93.60 Td (or ) Tj ET Q q 0 0 0 rg BT 541.42 93.60 Td (all ) Tj ET Q q 0 0 0 rg BT 554.19 93.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 81.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 81.60 Td (2020 ) Tj ET Q q 0 0 0 rg BT 82.79 81.60 Td (Euro ) Tj ET Q q 0 0 0 rg BT 105.01 81.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 133.91 81.60 Td (Secured ) Tj ET Q q 0 0 0 rg BT 168.90 81.60 Td (Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.23 81.60 Td ( ) Tj ET Q q 0 0 0 rg BT 195.01 81.60 Td (by ) Tj ET Q q 0 0 0 rg BT 207.80 81.60 Td (paying ) Tj ET Q q 0 0 0 rg BT 237.80 81.60 Td (a ) Tj ET Q q 0 0 0 rg BT 245.03 81.60 Td (make-whole ) Tj ET Q q 0 0 0 rg BT 306.11 81.60 Td (premium, ) Tj ET Q q 0 0 0 rg BT 347.50 81.60 Td (which ) Tj ET Q q 0 0 0 rg BT 374.73 81.60 Td (is ) Tj ET Q q 0 0 0 rg BT 384.18 81.60 Td (the ) Tj ET Q q 0 0 0 rg BT 399.18 81.60 Td (greater ) Tj ET Q q 0 0 0 rg BT 429.72 81.60 Td (of ) Tj ET Q q 0 0 0 rg BT 440.84 81.60 Td (1% ) Tj ET Q q 0 0 0 rg BT 456.96 81.60 Td (of ) Tj ET Q q 0 0 0 rg BT 468.07 81.60 Td (the ) Tj ET Q q 0 0 0 rg BT 483.07 81.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 521.40 81.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 554.18 81.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 59.37 69.60 Td (note ) Tj ET Q q 0 0 0 rg BT 78.74 69.60 Td (and ) Tj ET Q q 0 0 0 rg BT 95.33 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 109.70 69.60 Td (excess ) Tj ET Q q 0 0 0 rg BT 137.95 69.60 Td (of ) Tj ET Q q 0 0 0 rg BT 148.43 69.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 160.02 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 174.39 69.60 Td (present ) Tj ET Q q 0 0 0 rg BT 205.42 69.60 Td (value ) Tj ET Q q 0 0 0 rg BT 229.23 69.60 Td (at ) Tj ET Q q 0 0 0 rg BT 238.60 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 252.97 69.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 300.66 69.60 Td (date ) Tj ET Q q 0 0 0 rg BT 319.47 69.60 Td (of ) Tj ET Q q 0 0 0 rg BT 329.95 69.60 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 343.20 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 357.57 69.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 395.27 69.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 427.41 69.60 Td (of ) Tj ET Q q 0 0 0 rg BT 437.90 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 452.26 69.60 Td (note ) Tj ET Q q 0 0 0 rg BT 471.63 69.60 Td (on ) Tj ET Q q 0 0 0 rg BT 483.79 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 498.16 69.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 545.85 69.60 Td (date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 57.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 63.96 57.60 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 77.92 57.60 Td (all ) Tj ET Q q 0 0 0 rg BT 90.20 57.60 Td (required ) Tj ET Q q 0 0 0 rg BT 125.81 57.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 168.65 57.60 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 210.92 57.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 242.65 57.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 283.27 57.60 Td (due ) Tj ET Q q 0 0 0 rg BT 300.00 57.60 Td (through ) Tj ET Q q 0 0 0 rg BT 333.40 57.60 Td (the ) Tj ET Q q 0 0 0 rg BT 347.91 57.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 395.74 57.60 Td (date, ) Tj ET Q q 0 0 0 rg BT 417.19 57.60 Td (computed ) Tj ET Q q 0 0 0 rg BT 458.92 57.60 Td (using ) Tj ET Q q 0 0 0 rg BT 482.88 57.60 Td (the ) Tj ET Q q 0 0 0 rg BT 497.39 57.60 Td (discount ) Tj ET Q q 0 0 0 rg BT 533.57 57.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 550.84 57.60 Td (\(as ) Tj ET Q endstream endobj 155 0 obj <> endobj 156 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 699.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 83.36 699.60 Td (in ) Tj ET Q q 0 0 0 rg BT 93.40 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 107.89 699.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 151.24 699.60 Td (indenture\) ) Tj ET Q q 0 0 0 rg BT 194.60 699.60 Td (as ) Tj ET Q q 0 0 0 rg BT 205.20 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 215.79 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 230.27 699.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 278.08 699.60 Td (date ) Tj ET Q q 0 0 0 rg BT 297.00 699.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 315.94 699.60 Td (50 ) Tj ET Q q 0 0 0 rg BT 328.20 699.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 350.47 699.60 Td (points ) Tj ET Q q 0 0 0 rg BT 377.18 699.60 Td (over ) Tj ET Q q 0 0 0 rg BT 397.22 699.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 411.70 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 426.18 699.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 463.99 699.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 496.25 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 506.85 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 521.33 699.60 Td (note ) Tj ET Q q 0 0 0 rg BT 540.81 699.60 Td (at ) Tj ET Q q 0 0 0 rg BT 550.29 699.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 687.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 93.04 687.60 Td (date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 663.60 Td (The ) Tj ET Q q 0 0 0 rg BT 80.82 663.60 Td (remainder ) Tj ET Q q 0 0 0 rg BT 123.63 663.60 Td (of ) Tj ET Q q 0 0 0 rg BT 134.23 663.60 Td (our ) Tj ET Q q 0 0 0 rg BT 149.83 663.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 173.21 663.60 Td (are ) Tj ET Q q 0 0 0 rg BT 187.69 663.60 Td (non-callable ) Tj ET Q q 0 0 0 rg BT 239.38 663.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 261.10 663.60 Td (to ) Tj ET Q q 0 0 0 rg BT 271.15 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 285.64 663.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 329.00 663.60 Td (Call ) Tj ET Q q 0 0 0 rg BT 347.94 663.60 Td (Date ) Tj ET Q q 0 0 0 rg BT 369.09 663.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 409.67 663.60 Td (in ) Tj ET Q q 0 0 0 rg BT 419.73 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 434.22 663.60 Td (table ) Tj ET Q q 0 0 0 rg BT 455.92 663.60 Td (below) Tj ET Q q 0 0 0 rg BT 479.71 663.60 Td (. ) Tj ET Q q 0 0 0 rg BT 483.98 663.60 Td (At ) Tj ET Q q 0 0 0 rg BT 496.26 663.60 Td (any ) Tj ET Q q 0 0 0 rg BT 512.97 663.60 Td (time ) Tj ET Q q 0 0 0 rg BT 533.01 663.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 554.73 663.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 60.26 651.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 104.38 651.60 Td (Call ) Tj ET Q q 0 0 0 rg BT 124.09 651.60 Td (Date, ) Tj ET Q q 0 0 0 rg BT 148.50 651.60 Td (we ) Tj ET Q q 0 0 0 rg BT 163.20 651.60 Td (may ) Tj ET Q q 0 0 0 rg BT 183.46 651.60 Td (redeem ) Tj ET Q q 0 0 0 rg BT 215.92 651.60 Td (some ) Tj ET Q q 0 0 0 rg BT 240.07 651.60 Td (or ) Tj ET Q q 0 0 0 rg BT 251.43 651.60 Td (all ) Tj ET Q q 0 0 0 rg BT 264.47 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 275.84 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 291.09 651.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 335.22 651.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 359.37 651.60 Td (by ) Tj ET Q q 0 0 0 rg BT 372.40 651.60 Td (paying ) Tj ET Q q 0 0 0 rg BT 402.66 651.60 Td (a ) Tj ET Q q 0 0 0 rg BT 410.14 651.60 Td (make-whole ) Tj ET Q q 0 0 0 rg BT 471.48 651.60 Td (premium, ) Tj ET Q q 0 0 0 rg BT 513.12 651.60 Td (which ) Tj ET Q q 0 0 0 rg BT 540.60 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 550.30 651.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 639.60 Td (present ) Tj ET Q q 0 0 0 rg BT 76.21 639.60 Td (value ) Tj ET Q q 0 0 0 rg BT 100.19 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 110.85 639.60 Td (all ) Tj ET Q q 0 0 0 rg BT 123.17 639.60 Td (remaining ) Tj ET Q q 0 0 0 rg BT 166.04 639.60 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 208.35 639.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 240.12 639.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 280.77 639.60 Td (to ) Tj ET Q q 0 0 0 rg BT 290.88 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 305.42 639.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 348.84 639.60 Td (Call ) Tj ET Q q 0 0 0 rg BT 367.83 639.60 Td (Date ) Tj ET Q q 0 0 0 rg BT 389.04 639.60 Td (using ) Tj ET Q q 0 0 0 rg BT 413.03 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 427.58 639.60 Td (discount ) Tj ET Q q 0 0 0 rg BT 463.79 639.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 481.11 639.60 Td (as ) Tj ET Q q 0 0 0 rg BT 491.76 639.60 Td (of ) Tj ET Q q 0 0 0 rg BT 502.42 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 516.97 639.60 Td (redemption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 627.60 Td (date ) Tj ET Q q 0 0 0 rg BT 64.16 627.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 83.33 627.60 Td (a ) Tj ET Q q 0 0 0 rg BT 90.26 627.60 Td (premium ) Tj ET Q q 0 0 0 rg BT 128.87 627.60 Td (\(each ) Tj ET Q q 0 0 0 rg BT 153.01 627.60 Td (as ) Tj ET Q q 0 0 0 rg BT 163.84 627.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 202.44 627.60 Td (in ) Tj ET Q q 0 0 0 rg BT 212.71 627.60 Td (the ) Tj ET Q q 0 0 0 rg BT 227.43 627.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 271.02 627.60 Td (indenture\).) Tj ET Q 1 1 1 rg /GS0 gs 44.75 594.10 436.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 480.75 594.10 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.75 579.10 436.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.75 579.10 81.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 44.75 564.10 436.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 480.75 564.10 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.75 549.10 436.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.75 549.10 81.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 44.75 534.10 436.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 480.75 534.10 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.75 519.10 436.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.75 519.10 81.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 44.75 504.10 436.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 480.75 504.10 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.75 489.10 436.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.75 489.10 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.75 594.1 m 561.75 594.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.75 594.1 m 561.75 594.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 47.25 598.55 Td (Senior) Tj ET Q q 0 0 0 rg BT 72.09 598.55 Td ( and Senior) Tj ET Q q 0 0 0 rg BT 115.94 598.55 Td ( Secur) Tj ET Q q 0 0 0 rg BT 140.02 598.55 Td (ed Notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.60 598.55 Td (Call Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 569.67 Td (2024 Euro Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.80 568.77 Td (May 15, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 554.67 Td (2025 Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 553.77 Td (January 15, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 539.67 Td (2025 Euro Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 538.77 Td (January 15, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 524.67 Td (2025 Dollar Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 523.77 Td (January 15, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 509.67 Td (2027 Dollar Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 508.77 Td (January 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 494.67 Td (2027 Euro Senior Secured Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 493.77 Td (January 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 47.25 479.67 Td (2027 Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 478.77 Td (January 15, 2022) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 450.60 Td (After ) Tj ET Q q 0 0 0 rg BT 86.77 450.60 Td (the ) Tj ET Q q 0 0 0 rg BT 101.66 450.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 145.41 450.60 Td (Call ) Tj ET Q q 0 0 0 rg BT 164.75 450.60 Td (Date, ) Tj ET Q q 0 0 0 rg BT 188.80 450.60 Td (we ) Tj ET Q q 0 0 0 rg BT 203.13 450.60 Td (may ) Tj ET Q q 0 0 0 rg BT 223.01 450.60 Td (redeem ) Tj ET Q q 0 0 0 rg BT 255.11 450.60 Td (some ) Tj ET Q q 0 0 0 rg BT 278.88 450.60 Td (or ) Tj ET Q q 0 0 0 rg BT 289.88 450.60 Td (all ) Tj ET Q q 0 0 0 rg BT 302.55 450.60 Td (of ) Tj ET Q q 0 0 0 rg BT 313.55 450.60 Td (these ) Tj ET Q q 0 0 0 rg BT 336.77 450.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 360.54 450.60 Td (at ) Tj ET Q q 0 0 0 rg BT 370.43 450.60 Td (the ) Tj ET Q q 0 0 0 rg BT 385.32 450.60 Td (following ) Tj ET Q q 0 0 0 rg BT 426.88 450.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 475.09 450.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 501.63 450.60 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 547.06 450.60 Td (as ) Tj ET Q q 0 0 0 rg BT 558.06 450.60 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 438.60 Td (percentage ) Tj ET Q q 0 0 0 rg BT 89.70 438.60 Td (of ) Tj ET Q q 0 0 0 rg BT 99.43 438.60 Td (the ) Tj ET Q q 0 0 0 rg BT 113.05 438.60 Td (principal ) Tj ET Q q 0 0 0 rg BT 149.99 438.60 Td (amount\) ) Tj ET Q q 0 0 0 rg BT 184.72 438.60 Td (plus ) Tj ET Q q 0 0 0 rg BT 202.79 438.60 Td (accrued ) Tj ET Q q 0 0 0 rg BT 235.27 438.60 Td (and ) Tj ET Q q 0 0 0 rg BT 251.11 438.60 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 279.73 438.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 310.56 438.60 Td (and ) Tj ET Q q 0 0 0 rg BT 326.40 438.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 367.79 438.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 403.08 438.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 416.14 438.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 453.63 438.60 Td (in ) Tj ET Q q 0 0 0 rg BT 462.81 438.60 Td (the ) Tj ET Q q 0 0 0 rg BT 476.43 438.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 518.92 438.60 Td (indenture\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 426.60 Td (if ) Tj ET Q q 0 0 0 rg BT 53.61 426.60 Td (any) Tj ET Q q 0 0 0 rg BT 67.40 426.60 Td (, ) Tj ET Q q 0 0 0 rg BT 72.40 426.60 Td (to ) Tj ET Q q 0 0 0 rg BT 82.68 426.60 Td (the ) Tj ET Q q 0 0 0 rg BT 97.39 426.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 140.98 426.60 Td (redemption ) Tj ET Q q 0 0 0 rg BT 189.02 426.60 Td (date, ) Tj ET Q q 0 0 0 rg BT 210.68 426.60 Td (as ) Tj ET Q q 0 0 0 rg BT 221.51 426.60 Td (set ) Tj ET Q q 0 0 0 rg BT 235.12 426.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 257.06 426.60 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 44.75 351.10 143.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 44.75 336.10 143.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.75 336.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.75 336.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.75 336.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.75 336.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.75 336.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.75 336.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.75 336.10 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.75 336.10 4.00 -15.00 re f /GS0 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Tj ET Q endstream endobj 159 0 obj <> endobj 160 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) 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rg BT 368.73 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 383.71 687.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 434.80 687.60 Td (submitted ) Tj ET Q q 0 0 0 rg BT 477.01 687.60 Td (a ) Tj ET Q q 0 0 0 rg BT 484.22 687.60 Td (bill ) Tj ET Q q 0 0 0 rg BT 500.32 687.60 Td (to ) Tj ET Q q 0 0 0 rg BT 510.87 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 525.85 687.60 Td (House ) Tj ET Q q 0 0 0 rg BT 554.17 687.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (Representatives ) Tj ET Q q 0 0 0 rg BT 114.98 675.60 Td (of ) Tj ET Q q 0 0 0 rg BT 125.48 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 139.87 675.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 190.36 675.60 Td (containing ) Tj ET Q q 0 0 0 rg BT 234.74 675.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 264.12 675.60 Td (emer) Tj ET Q q 0 0 0 rg BT 283.92 675.60 Td (gency ) Tj ET Q q 0 0 0 rg BT 309.97 675.60 Td (remedial ) Tj ET Q q 0 0 0 rg BT 347.12 675.60 Td (measures ) Tj ET Q q 0 0 0 rg BT 386.50 675.60 Td (that ) Tj ET Q q 0 0 0 rg BT 403.67 675.60 Td (would ) Tj ET Q q 0 0 0 rg BT 430.84 675.60 Td (adjust ) Tj ET Q q 0 0 0 rg BT 456.90 675.60 Td (the ) Tj ET Q q 0 0 0 rg BT 471.29 675.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 495.12 675.60 Td (unity ) Tj ET Q q 0 0 0 rg BT 517.84 675.60 Td (regime. ) Tj ET Q q 0 0 0 rg BT 550.28 675.60 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.60 Td (November ) Tj ET Q q 0 0 0 rg BT 94.35 663.60 Td (2, ) Tj ET Q q 0 0 0 rg BT 104.50 663.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 129.65 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 144.52 663.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 195.48 663.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 210.34 663.60 Td (authority ) Tj ET Q q 0 0 0 rg BT 249.10 663.60 Td (announced ) Tj ET Q q 0 0 0 rg BT 295.06 663.60 Td (that ) Tj ET Q q 0 0 0 rg BT 312.70 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 327.57 663.60 Td (ef) Tj ET Q q 0 0 0 rg BT 335.15 663.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 365.00 663.60 Td (date ) Tj ET Q q 0 0 0 rg BT 384.31 663.60 Td (for ) Tj ET Q q 0 0 0 rg BT 398.62 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 413.48 663.60 Td (remedial ) Tj ET Q q 0 0 0 rg BT 451.11 663.60 Td (measures ) Tj ET Q q 0 0 0 rg BT 490.96 663.60 Td (will ) Tj ET Q q 0 0 0 rg BT 509.17 663.60 Td (be ) Tj ET Q q 0 0 0 rg BT 521.25 663.60 Td (January ) Tj ET Q q 0 0 0 rg BT 555.00 663.60 Td (1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.60 Td (2018. ) Tj ET Q q 0 0 0 rg BT 74.86 651.60 Td (In ) Tj ET Q q 0 0 0 rg BT 86.05 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 101.12 651.60 Td (absence ) Tj ET Q q 0 0 0 rg BT 135.62 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 146.81 651.60 Td (further ) Tj ET Q q 0 0 0 rg BT 176.88 651.60 Td (guidance ) Tj ET Q q 0 0 0 rg BT 215.83 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 233.13 651.60 Td (regulation, ) Tj ET Q q 0 0 0 rg BT 279.02 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 294.10 651.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 324.17 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 335.36 651.60 Td (this ) Tj ET Q q 0 0 0 rg BT 352.66 651.60 Td (ruling ) Tj ET Q q 0 0 0 rg BT 379.41 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 396.70 651.60 Td (the ) Tj ET Q q 0 0 0 rg BT 411.78 651.60 Td (submitted ) Tj ET Q q 0 0 0 rg BT 454.08 651.60 Td (bill ) Tj ET Q q 0 0 0 rg BT 470.27 651.60 Td (is ) Tj ET Q q 0 0 0 rg BT 479.80 651.60 Td (unclear ) Tj ET Q q 0 0 0 rg BT 512.08 651.60 Td (at ) Tj ET Q q 0 0 0 rg BT 522.16 651.60 Td (this ) Tj ET Q q 0 0 0 rg BT 539.46 651.60 Td (point. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.60 Td (However) Tj ET Q q 0 0 0 rg BT 85.75 639.60 Td (, ) Tj ET Q q 0 0 0 rg BT 90.75 639.60 Td (we ) Tj ET Q q 0 0 0 rg BT 104.91 639.60 Td (currently ) Tj ET Q q 0 0 0 rg BT 143.50 639.60 Td (do ) Tj ET Q q 0 0 0 rg BT 156.00 639.60 Td (not ) Tj ET Q q 0 0 0 rg BT 171.28 639.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 199.88 639.60 Td (that ) Tj ET Q q 0 0 0 rg BT 217.37 639.60 Td (this ) Tj ET Q q 0 0 0 rg BT 234.32 639.60 Td (ruling ) Tj ET Q q 0 0 0 rg BT 260.71 639.60 Td (and ) Tj ET Q q 0 0 0 rg BT 277.64 639.60 Td (the ) Tj ET Q q 0 0 0 rg BT 292.36 639.60 Td (submitted ) Tj ET Q q 0 0 0 rg BT 334.30 639.60 Td (bill ) Tj ET Q q 0 0 0 rg BT 350.14 639.60 Td (should ) Tj ET Q q 0 0 0 rg BT 379.31 639.60 Td (materially ) Tj ET Q q 0 0 0 rg BT 422.35 639.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 452.06 639.60 Td (our ) Tj ET Q q 0 0 0 rg BT 467.89 639.60 Td (ef) Tj ET Q q 0 0 0 rg BT 475.48 639.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 505.18 639.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 519.90 639.60 Td (rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 617.60 Td (On ) Tj ET Q q 0 0 0 rg BT 82.71 617.60 Td (December ) Tj ET Q q 0 0 0 rg BT 126.77 617.60 Td (18, ) Tj ET Q q 0 0 0 rg BT 142.26 617.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 165.24 617.60 Td (the ) Tj ET Q q 0 0 0 rg BT 180.44 617.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 207.86 617.60 Td (Government ) Tj ET Q q 0 0 0 rg BT 260.83 617.60 Td (enacted ) Tj ET Q q 0 0 0 rg BT 294.35 617.60 Td (legislation ) Tj ET Q q 0 0 0 rg BT 338.99 617.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 380.29 617.60 Td (the ) Tj ET Q q 0 0 0 rg BT 395.49 617.60 Td (yearly ) Tj ET Q q 0 0 0 rg BT 423.46 617.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 458.65 617.60 Td (to ) Tj ET Q q 0 0 0 rg BT 469.41 617.60 Td (the ) Tj ET Q q 0 0 0 rg BT 484.61 617.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 499.81 617.60 Td (legislation ) Tj ET Q q 0 0 0 rg BT 544.45 617.60 Td (\(i.e., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.60 Td (Belastingplan ) Tj ET Q q 0 0 0 rg BT 111.59 605.60 Td (2019\). ) Tj ET Q q 0 0 0 rg BT 144.52 605.60 Td (One ) Tj ET Q q 0 0 0 rg BT 163.84 605.60 Td (of ) Tj ET Q q 0 0 0 rg BT 174.83 605.60 Td (the ) Tj ET Q q 0 0 0 rg BT 189.71 605.60 Td (most ) Tj ET Q q 0 0 0 rg BT 211.81 605.60 Td (important ) Tj ET Q q 0 0 0 rg BT 253.36 605.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 288.22 605.60 Td (within ) Tj ET Q q 0 0 0 rg BT 316.44 605.60 Td (these ) Tj ET Q q 0 0 0 rg BT 339.65 605.60 Td (legislative ) Tj ET Q q 0 0 0 rg BT 383.41 605.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 407.17 605.60 Td (of ) Tj ET Q q 0 0 0 rg BT 418.16 605.60 Td (the ) Tj ET Q q 0 0 0 rg BT 433.04 605.60 Td (government ) Tj ET Q q 0 0 0 rg BT 483.46 605.60 Td (has ) Tj ET Q q 0 0 0 rg BT 499.46 605.60 Td (been ) Tj ET Q q 0 0 0 rg BT 520.99 605.60 Td (a ) Tj ET Q q 0 0 0 rg BT 528.09 605.60 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.96 593.60 Td (the ) Tj ET Q q 0 0 0 rg BT 74.86 593.60 Td (corporate ) Tj ET Q q 0 0 0 rg BT 115.30 593.60 Td (income ) Tj ET Q q 0 0 0 rg BT 147.41 593.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 162.31 593.60 Td (rate. ) Tj ET Q q 0 0 0 rg BT 182.28 593.60 Td (The ) Tj ET Q q 0 0 0 rg BT 200.51 593.60 Td (highest ) Tj ET Q q 0 0 0 rg BT 232.08 593.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 246.98 593.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 264.65 593.60 Td (in ) Tj ET Q q 0 0 0 rg BT 275.11 593.60 Td (the ) Tj ET Q q 0 0 0 rg BT 290.01 593.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 341.00 593.60 Td (will ) Tj ET Q q 0 0 0 rg BT 359.24 593.60 Td (be ) Tj ET Q q 0 0 0 rg BT 371.36 593.60 Td (reduced ) Tj ET Q q 0 0 0 rg BT 405.69 593.60 Td (from ) Tj ET Q q 0 0 0 rg BT 427.81 593.60 Td (25% ) Tj ET Q q 0 0 0 rg BT 448.82 593.60 Td (to ) Tj ET Q q 0 0 0 rg BT 459.29 593.60 Td (22.55% ) Tj ET Q q 0 0 0 rg BT 492.80 593.60 Td (in ) Tj ET Q q 0 0 0 rg BT 503.26 593.60 Td (2020 ) Tj ET Q q 0 0 0 rg BT 525.94 593.60 Td (and ) Tj ET Q q 0 0 0 rg BT 543.06 593.60 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.60 Td (22.55% ) Tj ET Q q 0 0 0 rg BT 83.49 581.60 Td (to ) Tj ET Q q 0 0 0 rg BT 94.44 581.60 Td (20.50% ) Tj ET Q q 0 0 0 rg BT 128.43 581.60 Td (in ) Tj ET Q q 0 0 0 rg BT 139.37 581.60 Td (2021. ) Tj ET Q q 0 0 0 rg BT 164.34 581.60 Td (As ) Tj ET Q q 0 0 0 rg BT 178.62 581.60 Td (a ) Tj ET Q q 0 0 0 rg BT 186.22 581.60 Td (result ) Tj ET Q q 0 0 0 rg BT 211.60 581.60 Td (of ) Tj ET Q q 0 0 0 rg BT 223.09 581.60 Td (the ) Tj ET Q q 0 0 0 rg BT 238.47 581.60 Td (enactment ) Tj ET Q q 0 0 0 rg BT 282.73 581.60 Td (of ) Tj ET Q q 0 0 0 rg BT 294.22 581.60 Td (these ) Tj ET Q q 0 0 0 rg BT 317.93 581.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 341.98 581.60 Td (V) Tj ET Q q 0 0 0 rg BT 347.91 581.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 407.17 581.60 Td (recalculated ) Tj ET Q q 0 0 0 rg BT 458.63 581.60 Td (the ) Tj ET Q q 0 0 0 rg BT 474.01 581.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 510.48 581.60 Td (balances ) Tj ET Q q 0 0 0 rg BT 548.07 581.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 87.15 569.60 Td (a ) Tj ET Q q 0 0 0 rg BT 94.27 569.60 Td (corporate ) Tj ET Q q 0 0 0 rg BT 134.70 569.60 Td (income ) Tj ET Q q 0 0 0 rg BT 166.81 569.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 181.71 569.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 199.37 569.60 Td (change ) Tj ET Q q 0 0 0 rg BT 230.37 569.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 260.81 569.60 Td (as ) Tj ET Q q 0 0 0 rg BT 271.82 569.60 Td (a ) Tj ET Q q 0 0 0 rg BT 278.93 569.60 Td (result ) Tj ET Q q 0 0 0 rg BT 303.83 569.60 Td (of ) Tj ET Q q 0 0 0 rg BT 314.84 569.60 Td (the ) Tj ET Q q 0 0 0 rg BT 329.73 569.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 366.82 569.60 Td (of ) Tj ET Q q 0 0 0 rg BT 377.83 569.60 Td (the ) Tj ET Q q 0 0 0 rg BT 392.73 569.60 Td (net ) Tj ET Q q 0 0 0 rg BT 407.62 569.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 443.61 569.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 458.50 569.60 Td (liability ) Tj ET Q q 0 0 0 rg BT 492.29 569.60 Td (in ) Tj ET Q q 0 0 0 rg BT 502.74 569.60 Td (the ) Tj ET Q q 0 0 0 rg BT 517.64 569.60 Td (last ) Tj ET Q q 0 0 0 rg BT 534.20 569.60 Td (quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.33 557.60 Td (2018. ) Tj ET Q q 0 0 0 rg BT 85.33 557.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 535.60 Td (All ) Tj ET Q q 0 0 0 rg BT 82.78 535.60 Td (of ) Tj ET Q q 0 0 0 rg BT 93.61 535.60 Td (our ) Tj ET Q q 0 0 0 rg BT 109.44 535.60 Td (income ) Tj ET Q q 0 0 0 rg BT 141.37 535.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 156.09 535.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 186.35 535.60 Td (for ) Tj ET Q q 0 0 0 rg BT 200.51 535.60 Td (2018, ) Tj ET Q q 0 0 0 rg BT 225.51 535.60 Td (2017 ) Tj ET Q q 0 0 0 rg BT 248.01 535.60 Td (and ) Tj ET Q q 0 0 0 rg BT 264.95 535.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 287.45 535.60 Td (is ) Tj ET Q q 0 0 0 rg BT 296.62 535.60 Td (related ) Tj ET Q q 0 0 0 rg BT 326.32 535.60 Td (to ) Tj ET Q q 0 0 0 rg BT 336.60 535.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 372.41 535.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 387.12 535.60 Td (benefits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 513.60 Td (Income ) Tj ET Q q 0 0 0 rg BT 100.19 513.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 115.11 513.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 145.58 513.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 193.82 513.60 Td (to ) Tj ET Q q 0 0 0 rg BT 204.30 513.60 Td (our ) Tj ET Q q 0 0 0 rg BT 220.34 513.60 Td (loss ) Tj ET Q q 0 0 0 rg BT 238.60 513.60 Td (before ) Tj ET Q q 0 0 0 rg BT 266.84 513.60 Td (income ) Tj ET Q q 0 0 0 rg BT 298.98 513.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 322.23 513.60 Td (dif) Tj ET Q q 0 0 0 rg BT 333.16 513.60 Td (fers ) Tj ET Q q 0 0 0 rg BT 350.85 513.60 Td (from ) Tj ET Q q 0 0 0 rg BT 373.00 513.60 Td (the ) Tj ET Q q 0 0 0 rg BT 387.92 513.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 424.51 513.60 Td (computed ) Tj ET Q q 0 0 0 rg BT 466.65 513.60 Td (using ) Tj ET Q q 0 0 0 rg BT 491.02 513.60 Td (the ) Tj ET Q q 0 0 0 rg BT 505.94 513.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 533.08 513.60 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.22 501.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 81.70 501.60 Td (of ) Tj ET Q q 0 0 0 rg BT 92.53 501.60 Td (25.0% ) Tj ET Q q 0 0 0 rg BT 120.86 501.60 Td (as ) Tj ET Q q 0 0 0 rg BT 131.69 501.60 Td (a ) Tj ET Q q 0 0 0 rg BT 138.63 501.60 Td (result ) Tj ET Q q 0 0 0 rg BT 163.35 501.60 Td (of ) Tj ET Q q 0 0 0 rg BT 174.18 501.60 Td (the ) Tj ET Q q 0 0 0 rg BT 188.89 501.60 Td (following: ) Tj ET Q 1 1 1 rg /GS0 gs 49.50 425.10 323.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 372.50 425.10 122.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 494.50 425.10 4.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 498.50 425.10 4.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 502.50 425.10 59.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 398.10 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 398.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 398.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 398.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 398.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 398.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 398.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 368.10 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 368.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 368.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 368.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 368.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 368.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 368.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 328.10 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 328.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 328.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 328.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 328.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 328.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 328.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 298.10 323.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 298.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 298.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 298.10 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 298.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 298.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 298.10 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 481.1 m 498.5 467.1 l s 0 0 0 RG /GS0 gs 1.50 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w 0 i [] 0 d 0 J 0 j 3 M 498.5 425.1 m 498.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 425.1 m 561.5 425.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 413.1 m 498.5 398.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 398.1 m 498.5 383.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 383.1 m 498.5 368.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 368.1 m 498.5 353.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 353.1 m 498.5 328.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 328.1 m 498.5 313.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 298.1 m 431.5 298.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 298.1 m 494.5 298.1 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 313.1 m 498.5 298.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 298.1 m 561.5 298.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 298.1 m 431.5 298.1 l s 0 0 0 RG /GS0 gs 1.00 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10.00 Tf ET q 0 0 0 rg BT 557.15 446.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 431.77 Td (Net deferred tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.50 431.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 431.82 Td (\(1,070.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 431.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 431.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.80 431.82 Td (\(1,385.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 431.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 403.60 Td (Although ) Tj ET Q q 0 0 0 rg BT 103.41 403.60 Td (we ) Tj ET Q q 0 0 0 rg BT 117.71 403.60 Td (intend ) Tj ET Q q 0 0 0 rg BT 145.34 403.60 Td (to ) Tj ET Q q 0 0 0 rg BT 155.75 403.60 Td (take ) Tj ET Q q 0 0 0 rg BT 175.05 403.60 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 220.44 403.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 235.29 403.60 Td (planning ) Tj ET Q q 0 0 0 rg BT 272.92 403.60 Td (measures ) Tj ET Q q 0 0 0 rg BT 312.76 403.60 Td (to ) Tj ET Q q 0 0 0 rg BT 323.18 403.60 Td (limit ) Tj ET Q q 0 0 0 rg BT 344.70 403.60 Td (our ) Tj ET Q q 0 0 0 rg BT 360.67 403.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 375.52 403.60 Td (exposures, ) Tj ET Q q 0 0 0 rg BT 420.65 403.60 Td (no ) Tj ET Q q 0 0 0 rg BT 433.28 403.60 Td (assurance ) Tj ET Q q 0 0 0 rg BT 474.79 403.60 Td (can ) Tj ET Q q 0 0 0 rg BT 491.30 403.60 Td (be ) Tj ET Q q 0 0 0 rg BT 503.37 403.60 Td (given ) Tj ET Q q 0 0 0 rg BT 528.23 403.60 Td (that ) Tj ET Q q 0 0 0 rg BT 545.86 403.60 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.60 Td (will ) Tj ET Q q 0 0 0 rg BT 67.56 391.60 Td (be ) Tj ET Q q 0 0 0 rg BT 79.50 391.60 Td (able ) Tj ET Q q 0 0 0 rg BT 98.65 391.60 Td (to ) Tj ET Q q 0 0 0 rg BT 108.93 391.60 Td (do ) Tj ET Q q 0 0 0 rg BT 121.43 391.60 Td (so.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 367.60 Td (All ) Tj ET Q q 0 0 0 rg BT 78.54 367.60 Td (of ) Tj ET Q q 0 0 0 rg BT 89.62 367.60 Td (our ) Tj ET Q q 0 0 0 rg BT 105.71 367.60 Td (net ) Tj ET Q q 0 0 0 rg BT 120.69 367.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 161.21 367.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 187.86 367.60 Td (and ) Tj ET Q q 0 0 0 rg BT 205.05 367.60 Td (other ) Tj ET Q q 0 0 0 rg BT 228.36 367.60 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 287.20 367.60 Td (are ) Tj ET Q q 0 0 0 rg BT 302.16 367.60 Td (Dutch. ) Tj ET Q q 0 0 0 rg BT 331.66 367.60 Td (The ) Tj ET Q q 0 0 0 rg BT 349.96 367.60 Td (details ) Tj ET Q q 0 0 0 rg BT 378.82 367.60 Td (of ) Tj ET Q q 0 0 0 rg BT 389.91 367.60 Td (our ) Tj ET Q q 0 0 0 rg BT 406.00 367.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 420.97 367.60 Td (loss ) Tj ET Q q 0 0 0 rg BT 439.29 367.60 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 498.13 367.60 Td (and ) Tj ET Q q 0 0 0 rg BT 515.33 367.60 Td (related ) Tj ET Q q 0 0 0 rg BT 545.29 367.60 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 75.33 355.60 Td (at ) Tj ET Q q 0 0 0 rg BT 85.05 355.60 Td (December ) Tj ET Q q 0 0 0 rg BT 128.63 355.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 143.63 355.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 166.13 355.60 Td (are ) Tj ET Q q 0 0 0 rg BT 180.84 355.60 Td (as ) Tj ET Q q 0 0 0 rg BT 191.67 355.60 Td (follows: ) Tj ET Q 1 1 1 rg /GS0 gs 49.00 274.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 259.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 259.10 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 259.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 259.10 70.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 244.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 229.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 229.10 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 229.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 229.10 70.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 214.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 199.10 369.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 199.10 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 199.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 199.10 70.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 49.00 184.10 369.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 304.1 m 418 304.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 304.1 m 488 304.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 304.1 m 492 304.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 304.1 m 562 304.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 184.10000000000002 m 488 184.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 170.10000000000002 m 488 170.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 168.10000000000002 m 488 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 184.10000000000002 m 562 184.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 170.10000000000002 m 562 170.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 168.10000000000002 m 562 168.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 202.10 308.55 Td (Expiration Date) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.25 317.55 Td (T) Tj ET Q q 0 0 0 rg BT 442.84 317.55 Td (ax loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.25 308.55 Td (carryforward) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.75 317.55 Td (Related) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.10 308.55 Td (tax asset) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.35 293.55 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 263.77 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 263.77 Td (42.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 263.77 Td (8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 248.77 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 248.77 Td (14.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 248.77 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 233.77 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 233.77 Td (64.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 233.77 Td (13.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 218.77 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 218.77 Td (30.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 218.77 Td (6.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 203.77 Td (2026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 203.77 Td (265.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 203.77 Td (55.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 188.77 Td (2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 188.77 Td (37.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 188.77 Td (7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 173.77 Td (T) Tj ET Q q 0 0 0 rg BT 56.91 173.77 Td (otal carried forward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 173.77 Td (454.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 173.77 Td (94.6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 145.60 Td (W) Tj ET Q q 0 0 0 rg BT 71.64 145.60 Td (e ) Tj ET Q q 0 0 0 rg BT 78.46 145.60 Td (and ) Tj ET Q q 0 0 0 rg BT 95.28 145.60 Td (our ) Tj ET Q q 0 0 0 rg BT 111.00 145.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 160.60 145.60 Td (file ) Tj ET Q q 0 0 0 rg BT 176.31 145.60 Td (one ) Tj ET Q q 0 0 0 rg BT 193.13 145.60 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 246.06 145.60 Td (income ) Tj ET Q q 0 0 0 rg BT 277.88 145.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 292.48 145.60 Td (return. ) Tj ET Q q 0 0 0 rg BT 321.24 145.60 Td (In ) Tj ET Q q 0 0 0 rg BT 331.95 145.60 Td (the ) Tj ET Q q 0 0 0 rg BT 346.55 145.60 Td (normal ) Tj ET Q q 0 0 0 rg BT 377.26 145.60 Td (course ) Tj ET Q q 0 0 0 rg BT 405.75 145.60 Td (of ) Tj ET Q q 0 0 0 rg BT 416.46 145.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 455.24 145.60 Td (our ) Tj ET Q q 0 0 0 rg BT 470.95 145.60 Td (income ) Tj ET Q q 0 0 0 rg BT 502.77 145.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 517.37 145.60 Td (filings ) Tj ET Q q 0 0 0 rg BT 545.31 145.60 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 80.13 133.60 Td (to ) Tj ET Q q 0 0 0 rg BT 90.21 133.60 Td (review ) Tj ET Q q 0 0 0 rg BT 119.71 133.60 Td (by ) Tj ET Q q 0 0 0 rg BT 132.02 133.60 Td (the ) Tj ET Q q 0 0 0 rg BT 146.53 133.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 173.27 133.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 187.79 133.60 Td (authority) Tj ET Q q 0 0 0 rg BT 223.25 133.60 Td (. ) Tj ET Q q 0 0 0 rg BT 228.05 133.60 Td (In ) Tj ET Q q 0 0 0 rg BT 238.68 133.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 284.85 133.60 Td (with ) Tj ET Q q 0 0 0 rg BT 304.93 133.60 Td (such ) Tj ET Q q 0 0 0 rg BT 325.56 133.60 Td (review) Tj ET Q q 0 0 0 rg BT 352.12 133.60 Td (, ) Tj ET Q q 0 0 0 rg BT 356.92 133.60 Td (disputes ) Tj ET Q q 0 0 0 rg BT 392.00 133.60 Td (could ) Tj ET Q q 0 0 0 rg BT 416.52 133.60 Td (arise ) Tj ET Q q 0 0 0 rg BT 437.70 133.60 Td (with ) Tj ET Q q 0 0 0 rg BT 457.78 133.60 Td (the ) Tj ET Q q 0 0 0 rg BT 472.29 133.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 486.81 133.60 Td (authority ) Tj ET Q q 0 0 0 rg BT 525.22 133.60 Td (over ) Tj ET Q q 0 0 0 rg BT 545.29 133.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.60 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 105.86 121.60 Td (or ) Tj ET Q q 0 0 0 rg BT 116.68 121.60 Td (application ) Tj ET Q q 0 0 0 rg BT 163.59 121.60 Td (of ) Tj ET Q q 0 0 0 rg BT 174.41 121.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 204.10 121.60 Td (income ) Tj ET Q q 0 0 0 rg BT 236.03 121.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 250.73 121.60 Td (rules ) Tj ET Q q 0 0 0 rg BT 272.66 121.60 Td (related ) Tj ET Q q 0 0 0 rg BT 302.35 121.60 Td (to ) Tj ET Q q 0 0 0 rg BT 312.62 121.60 Td (our ) Tj ET Q q 0 0 0 rg BT 328.44 121.60 Td (business ) Tj ET Q q 0 0 0 rg BT 364.82 121.60 Td (in ) Tj ET Q q 0 0 0 rg BT 375.09 121.60 Td (that ) Tj ET Q q 0 0 0 rg BT 392.57 121.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 407.28 121.60 Td (jurisdiction. ) Tj ET Q q 0 0 0 rg BT 457.82 121.60 Td (Such ) Tj ET Q q 0 0 0 rg BT 480.31 121.60 Td (disputes ) Tj ET Q q 0 0 0 rg BT 515.58 121.60 Td (may ) Tj ET Q q 0 0 0 rg BT 535.28 121.60 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.21 109.60 Td (future ) Tj ET Q q 0 0 0 rg BT 85.02 109.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 99.17 109.60 Td (and ) Tj ET Q q 0 0 0 rg BT 115.54 109.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 146.91 109.60 Td (and ) Tj ET Q q 0 0 0 rg BT 163.28 109.60 Td (penalty ) Tj ET Q q 0 0 0 rg BT 194.65 109.60 Td (assessments ) Tj ET Q q 0 0 0 rg BT 244.92 109.60 Td (by ) Tj ET Q q 0 0 0 rg BT 256.85 109.60 Td (the ) Tj ET Q q 0 0 0 rg BT 271.00 109.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 285.15 109.60 Td (authority) Tj ET Q q 0 0 0 rg BT 320.60 109.60 Td (. ) Tj ET Q q 0 0 0 rg BT 324.90 109.60 Td (The ) Tj ET Q q 0 0 0 rg BT 342.38 109.60 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 377.08 109.60 Td (resolution ) Tj ET Q q 0 0 0 rg BT 419.01 109.60 Td (of ) Tj ET Q q 0 0 0 rg BT 429.27 109.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 443.42 109.60 Td (contingencies ) Tj ET Q q 0 0 0 rg BT 500.34 109.60 Td (will ) Tj ET Q q 0 0 0 rg BT 517.83 109.60 Td (take ) Tj ET Q q 0 0 0 rg BT 536.42 109.60 Td (place ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 71.60 97.60 Td (the ) Tj ET Q q 0 0 0 rg BT 85.92 97.60 Td (earlier ) Tj ET Q q 0 0 0 rg BT 113.55 97.60 Td (of ) Tj ET Q q 0 0 0 rg BT 123.98 97.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 135.52 97.60 Td (the ) Tj ET Q q 0 0 0 rg BT 149.83 97.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 193.03 97.60 Td (date ) Tj ET Q q 0 0 0 rg BT 211.79 97.60 Td (with ) Tj ET Q q 0 0 0 rg BT 231.66 97.60 Td (the ) Tj ET Q q 0 0 0 rg BT 245.98 97.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 260.30 97.60 Td (authority ) Tj ET Q q 0 0 0 rg BT 298.50 97.60 Td (in ) Tj ET Q q 0 0 0 rg BT 308.38 97.60 Td (either ) Tj ET Q q 0 0 0 rg BT 333.24 97.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 353.11 97.60 Td (or ) Tj ET Q q 0 0 0 rg BT 363.54 97.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 407.28 97.60 Td (of ) Tj ET Q q 0 0 0 rg BT 417.71 97.60 Td (income ) Tj ET Q q 0 0 0 rg BT 449.24 97.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 463.56 97.60 Td (positions ) Tj ET Q q 0 0 0 rg BT 501.78 97.60 Td (or ) Tj ET Q q 0 0 0 rg BT 512.21 97.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 526.52 97.60 Td (the ) Tj ET Q q 0 0 0 rg BT 540.84 97.60 Td (date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.60 Td (when ) Tj ET Q q 0 0 0 rg BT 73.66 85.60 Td (the ) Tj ET Q q 0 0 0 rg BT 88.38 85.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 103.09 85.60 Td (authority ) Tj ET Q q 0 0 0 rg BT 141.70 85.60 Td (is ) Tj ET Q q 0 0 0 rg BT 150.87 85.60 Td (statutorily ) Tj ET Q q 0 0 0 rg BT 193.92 85.60 Td (prohibited ) Tj ET Q q 0 0 0 rg BT 237.52 85.60 Td (from ) Tj ET Q q 0 0 0 rg BT 259.46 85.60 Td (adjusting ) Tj ET Q q 0 0 0 rg BT 298.63 85.60 Td (the ) Tj ET Q q 0 0 0 rg BT 313.34 85.60 Td (company) Tj ET Q q 0 0 0 rg BT 352.78 85.60 Td (s ) Tj ET Q q 0 0 0 rg BT 359.17 85.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 373.88 85.60 Td (computations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 61.60 Td (There were no material unrecognized tax benefits during 2018, 2017 or 2016.) Tj ET Q endstream endobj 163 0 obj <> endobj 164 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 704.25 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 704.25 Td (1) Tj ET Q q 0 0 0 rg BT 57.28 704.25 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.28 704.25 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 702.68505859375 m 193.0673828125 702.68505859375 l s q 0 0 0 rg BT 76.50 704.25 Td (Related-party ) Tj ET Q q 0 0 0 rg BT 138.25 704.25 Td (T) Tj ET Q q 0 0 0 rg BT 144.18 704.25 Td (ransactions) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 682.25 Td (Successor Period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 658.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.55 658.25 Td (related-party ) Tj ET Q q 0 0 0 rg BT 139.13 658.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 189.39 658.25 Td (for ) Tj ET Q q 0 0 0 rg BT 203.55 658.25 Td (the ) Tj ET Q q 0 0 0 rg BT 218.27 658.25 Td (Successor ) Tj ET Q q 0 0 0 rg BT 260.76 658.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 292.70 658.25 Td (are ) Tj ET Q q 0 0 0 rg BT 307.41 658.25 Td (as ) Tj ET Q q 0 0 0 rg BT 318.24 658.25 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 611.75 375.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 611.75 138.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 584.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 584.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 584.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 584.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 554.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 554.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 554.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 554.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 524.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 524.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 524.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 494.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 494.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 494.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 494.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 464.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 464.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 464.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 464.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 434.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 434.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 434.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 404.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 404.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 404.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 404.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 374.75 375.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 374.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 374.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 374.75 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 623.75 m 492 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 623.75 m 496 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 623.75 m 492 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 611.75 m 492 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 623.75 m 496 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 623.75 m 563 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 611.75 m 563 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 584.75 m 492 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 584.75 m 563 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 569.75 m 492 569.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 569.75 m 563 569.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 554.75 m 492 554.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 554.75 m 563 554.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 494.75 m 563 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 494.75 m 492 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 479.75 m 492 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 494.75 m 563 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 479.75 m 563 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 434.75 m 563 434.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 434.75 m 492 434.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 419.75 m 492 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 434.75 m 563 434.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 419.75 m 563 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 419.75 m 563 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 404.75 m 492 404.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 404.75 m 563 404.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 374.75 m 492 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 360.75 m 492 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 358.75 m 492 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 374.75 m 563 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 360.75 m 563 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 358.75 m 563 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 345.75 m 492 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 343.75 m 492 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 345.75 m 563 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 343.75 m 563 343.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.95 639.15 Td (Y) Tj ET Q q 0 0 0 rg BT 477.95 639.15 Td (ear) Tj ET Q q 0 0 0 rg BT 489.86 639.15 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.30 627.15 Td (December) Tj ET Q q 0 0 0 rg BT 506.19 627.15 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 615.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.00 615.15 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.35 603.15 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 589.42 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 589.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 589.42 Td (41.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 589.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 589.42 Td (46.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 574.42 Td (Programming and other direct costs of services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 574.47 Td (\(41.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 574.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 574.47 Td (\(39.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 574.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 559.42 Td (Share-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 559.47 Td (\(2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 559.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 559.47 Td (\(5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 559.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 544.42 Td (Char) Tj ET Q q 0 0 0 rg BT 71.85 544.42 Td (ges for JV) Tj ET Q q 0 0 0 rg BT 112.77 544.42 Td ( Services:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 529.42 Td (Char) Tj ET Q q 0 0 0 rg BT 77.85 529.42 Td (ges from Liberty Global:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 514.42 Td (Operating \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 514.47 Td (\(79.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 514.47 Td (\(94.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 499.42 Td (Capital \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 499.47 Td (\(31.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 499.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 499.47 Td (\(32.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 499.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 484.42 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 484.42 Td (otal Liberty Global corporate rechar) Tj ET Q q 0 0 0 rg BT 220.19 484.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 484.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 470.63 484.47 Td (10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 484.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 484.47 Td (\(126.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 484.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 469.42 Td (Char) Tj ET Q q 0 0 0 rg BT 77.76 469.42 Td (ges from ) Tj ET Q q 0 0 0 rg BT 115.35 469.42 Td (V) Tj ET Q q 0 0 0 rg BT 121.28 469.42 Td (odafone:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 454.42 Td (Operating, net \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 454.47 Td (\(86.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 454.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 454.47 Td (\(87.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 454.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 439.42 Td (Brand fees \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 439.47 Td (\(30.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 439.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 439.47 Td (\(30.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 439.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 424.42 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 424.42 Td (otal ) Tj ET Q q 0 0 0 rg BT 93.22 424.42 Td (V) Tj ET Q q 0 0 0 rg BT 99.16 424.42 Td (odafone corporate rechar) Tj ET Q q 0 0 0 rg BT 198.91 424.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 424.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 470.63 424.47 Td (16.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 424.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 541.63 424.47 Td (17.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 409.42 Td (T) Tj ET Q q 0 0 0 rg BT 81.91 409.42 Td (otal char) Tj ET Q q 0 0 0 rg BT 116.43 409.42 Td (ges for JV) Tj ET Q q 0 0 0 rg BT 157.35 409.42 Td ( Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 409.47 Td (\(227.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 409.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 409.47 Td (\(243.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 409.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 394.42 Td (Included in operating loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 394.47 Td (\(231.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 394.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 394.47 Td (\(242.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 394.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 379.42 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 379.47 Td (\(101.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 379.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 379.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 541.63 379.47 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 379.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 364.42 Td (Included ) Tj ET Q q 0 0 0 rg BT 98.99 364.42 Td (in ) Tj ET Q q 0 0 0 rg BT 109.26 364.42 Td (net ) Tj ET Q q 0 0 0 rg BT 123.98 364.42 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 364.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 364.47 Td (\(332.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 364.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 364.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 364.47 Td (\(355.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 364.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 349.42 Td (Property and equipment additions, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 349.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 349.42 Td (160.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 349.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 349.42 Td (257.7) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.25 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.25 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 309.25 Td (Represents ) Tj ET Q q 0 0 0 rg BT 123.96 309.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 161.44 309.25 Td (to ) Tj ET Q q 0 0 0 rg BT 172.80 309.25 Td (be ) Tj ET Q q 0 0 0 rg BT 185.83 309.25 Td (char) Tj ET Q q 0 0 0 rg BT 202.85 309.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 220.88 309.25 Td (for ) Tj ET Q q 0 0 0 rg BT 236.12 309.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 284.14 309.25 Td (and ) Tj ET Q q 0 0 0 rg BT 302.17 309.25 Td (other ) Tj ET Q q 0 0 0 rg BT 326.30 309.25 Td (services. ) Tj ET Q q 0 0 0 rg BT 364.34 309.25 Td (These ) Tj ET Q q 0 0 0 rg BT 391.80 309.25 Td (char) Tj ET Q q 0 0 0 rg BT 408.83 309.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 425.74 309.25 Td (are ) Tj ET Q q 0 0 0 rg BT 441.54 309.25 Td (included ) Tj ET Q q 0 0 0 rg BT 479.56 309.25 Td (in ) Tj ET Q q 0 0 0 rg BT 490.92 309.25 Td (the ) Tj ET Q q 0 0 0 rg BT 506.72 309.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 554.18 309.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 297.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 117.33 297.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.99 297.25 Td (, ) Tj ET Q q 0 0 0 rg BT 158.99 297.25 Td (as ) Tj ET Q q 0 0 0 rg BT 169.82 297.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 202.30 297.25 Td (and ) Tj ET Q q 0 0 0 rg BT 219.24 297.25 Td (described ) Tj ET Q q 0 0 0 rg BT 260.05 297.25 Td (below) Tj ET Q q 0 0 0 rg BT 283.84 297.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.25 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 273.25 Td (Represents ) Tj ET Q q 0 0 0 rg BT 123.28 273.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 160.06 273.25 Td (to ) Tj ET Q q 0 0 0 rg BT 170.74 273.25 Td (be ) Tj ET Q q 0 0 0 rg BT 183.08 273.25 Td (char) Tj ET Q q 0 0 0 rg BT 200.11 273.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 217.45 273.25 Td (for ) Tj ET Q q 0 0 0 rg BT 232.01 273.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 261.56 273.25 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 315.55 273.25 Td (to ) Tj ET Q q 0 0 0 rg BT 326.23 273.25 Td (be ) Tj ET Q q 0 0 0 rg BT 338.57 273.25 Td (made ) Tj ET Q q 0 0 0 rg BT 363.13 273.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.03 273.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 408.36 273.25 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.58 273.25 Td ( ) Tj ET Q q 0 0 0 rg BT 438.48 273.25 Td (related ) Tj ET Q q 0 0 0 rg BT 468.58 273.25 Td (to ) Tj ET Q q 0 0 0 rg BT 479.26 273.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 505.49 273.25 Td (that ) Tj ET Q q 0 0 0 rg BT 523.38 273.25 Td (we ) Tj ET Q q 0 0 0 rg BT 537.95 273.25 Td (use ) Tj ET Q q 0 0 0 rg BT 554.18 273.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 261.25 Td (will ) Tj ET Q q 0 0 0 rg BT 94.56 261.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 135.93 261.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 166.20 261.25 Td (our ) Tj ET Q q 0 0 0 rg BT 182.03 261.25 Td (company) Tj ET Q q 0 0 0 rg BT 218.03 261.25 Td (. ) Tj ET Q q 0 0 0 rg BT 222.85 261.25 Td (These ) Tj ET Q q 0 0 0 rg BT 249.23 261.25 Td (char) Tj ET Q q 0 0 0 rg BT 266.26 261.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 282.09 261.25 Td (are ) Tj ET Q q 0 0 0 rg BT 296.79 261.25 Td (not ) Tj ET Q q 0 0 0 rg BT 312.07 261.25 Td (included ) Tj ET Q q 0 0 0 rg BT 349.00 261.25 Td (in ) Tj ET Q q 0 0 0 rg BT 359.28 261.25 Td (the ) Tj ET Q q 0 0 0 rg BT 374.00 261.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 420.37 261.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.20 261.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 472.02 261.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.68 261.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.25 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 237.25 Td (Represents ) Tj ET Q q 0 0 0 rg BT 122.87 237.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 159.25 237.25 Td (char) Tj ET Q q 0 0 0 rg BT 176.28 237.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 193.21 237.25 Td (for ) Tj ET Q q 0 0 0 rg BT 207.36 237.25 Td (our ) Tj ET Q q 0 0 0 rg BT 223.18 237.25 Td (use ) Tj ET Q q 0 0 0 rg BT 239.00 237.25 Td (of ) Tj ET Q q 0 0 0 rg BT 249.83 237.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.36 237.25 Td (V) Tj ET Q q 0 0 0 rg BT 270.29 237.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.50 237.25 Td ( ) Tj ET Q q 0 0 0 rg BT 304.99 237.25 Td (brand ) Tj ET Q q 0 0 0 rg BT 330.25 237.25 Td (name. ) Tj ET Q q 0 0 0 rg BT 356.72 237.25 Td (These ) Tj ET Q q 0 0 0 rg BT 383.09 237.25 Td (char) Tj ET Q q 0 0 0 rg BT 400.11 237.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 415.94 237.25 Td (are ) Tj ET Q q 0 0 0 rg BT 430.64 237.25 Td (not ) Tj ET Q q 0 0 0 rg BT 445.91 237.25 Td (included ) Tj ET Q q 0 0 0 rg BT 482.83 237.25 Td (in ) Tj ET Q q 0 0 0 rg BT 493.10 237.25 Td (the ) Tj ET Q q 0 0 0 rg BT 507.81 237.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 554.17 237.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 225.25 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 117.33 225.25 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.99 225.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 201.25 Td (Revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.36 201.25 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 145.53 201.25 Td (represent ) Tj ET Q q 0 0 0 rg BT 184.68 201.25 Td (char) Tj ET Q q 0 0 0 rg BT 201.70 201.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 217.53 201.25 Td (for ) Tj ET Q q 0 0 0 rg BT 231.69 201.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 261.40 201.25 Td (personnel ) Tj ET Q q 0 0 0 rg BT 302.77 201.25 Td (services ) Tj ET Q q 0 0 0 rg BT 337.48 201.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 375.53 201.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.63 201.25 Td (V) Tj ET Q q 0 0 0 rg BT 391.56 201.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.76 201.25 Td ( ) Tj ET Q q 0 0 0 rg BT 426.26 201.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.20 201.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 475.14 201.25 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.35 201.25 Td ( ) Tj ET Q q 0 0 0 rg BT 504.85 201.25 Td (subsidiaries.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 177.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.13 177.25 Td (ogramming ) Tj ET Q q 0 0 0 rg BT 125.48 177.25 Td (and ) Tj ET Q q 0 0 0 rg BT 142.71 177.25 Td (other ) Tj ET Q q 0 0 0 rg BT 166.06 177.25 Td (dir) Tj ET Q q 0 0 0 rg BT 177.36 177.25 Td (ect ) Tj ET Q q 0 0 0 rg BT 191.25 177.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 213.48 177.25 Td (of ) Tj ET Q q 0 0 0 rg BT 223.50 177.25 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.44 177.25 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 299.34 177.25 Td (represent ) Tj ET Q q 0 0 0 rg BT 338.22 177.25 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 389.88 177.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 408.21 177.25 Td (char) Tj ET Q q 0 0 0 rg BT 425.24 177.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 441.91 177.25 Td (to ) Tj ET Q q 0 0 0 rg BT 451.93 177.25 Td (us ) Tj ET Q q 0 0 0 rg BT 463.05 177.25 Td (by ) Tj ET Q q 0 0 0 rg BT 475.29 177.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 504.73 177.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 554.18 177.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.25 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 165.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.64 165.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 141.25 Td (Shar) Tj ET Q q 0 0 0 rg BT 86.02 141.25 Td (e-based ) Tj ET Q q 0 0 0 rg BT 119.98 141.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 178.39 141.25 Td (expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.40 141.25 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 254.94 141.25 Td (relate ) Tj ET Q q 0 0 0 rg BT 280.00 141.25 Td (to ) Tj ET Q q 0 0 0 rg BT 290.64 141.25 Td (char) Tj ET Q q 0 0 0 rg BT 307.67 141.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 323.86 141.25 Td (to ) Tj ET Q q 0 0 0 rg BT 334.51 141.25 Td (our ) Tj ET Q q 0 0 0 rg BT 350.70 141.25 Td (company ) Tj ET Q q 0 0 0 rg BT 390.22 141.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.08 141.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 435.38 141.25 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.60 141.25 Td ( ) Tj ET Q q 0 0 0 rg BT 465.46 141.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.56 141.25 Td (V) Tj ET Q q 0 0 0 rg BT 488.49 141.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.70 141.25 Td ( ) Tj ET Q q 0 0 0 rg BT 523.56 141.25 Td (for ) Tj ET Q q 0 0 0 rg BT 538.08 141.25 Td (share-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.25 Td (based ) Tj ET Q q 0 0 0 rg BT 75.92 129.25 Td (incentive ) Tj ET Q q 0 0 0 rg BT 116.22 129.25 Td (awards ) Tj ET Q q 0 0 0 rg BT 148.19 129.25 Td (held ) Tj ET Q q 0 0 0 rg BT 169.06 129.25 Td (by ) Tj ET Q q 0 0 0 rg BT 182.71 129.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 213.56 129.25 Td (employees ) Tj ET Q q 0 0 0 rg BT 259.97 129.25 Td (of ) Tj ET Q q 0 0 0 rg BT 271.95 129.25 Td (our ) Tj ET Q q 0 0 0 rg BT 288.93 129.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 339.80 129.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 384.54 129.25 Td (with ) Tj ET Q q 0 0 0 rg BT 405.97 129.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 443.50 129.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 472.14 129.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.12 129.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 517.20 129.25 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.42 129.25 Td ( ) Tj ET Q q 0 0 0 rg BT 548.07 129.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.25 Td (V) Tj ET Q q 0 0 0 rg BT 55.43 117.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.64 117.25 Td (. ) Tj ET Q q 0 0 0 rg BT 92.64 117.25 Td (Share-based ) Tj ET Q q 0 0 0 rg BT 144.01 117.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 202.05 117.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 236.76 117.25 Td (is ) Tj ET Q q 0 0 0 rg BT 245.93 117.25 Td (included ) Tj ET Q q 0 0 0 rg BT 282.86 117.25 Td (within ) Tj ET Q q 0 0 0 rg BT 310.92 117.25 Td (SG&A) Tj ET Q q 0 0 0 rg BT 338.15 117.25 Td ( ) Tj ET Q q 0 0 0 rg BT 340.65 117.25 Td (in ) Tj ET Q q 0 0 0 rg BT 350.93 117.25 Td (our ) Tj ET Q q 0 0 0 rg BT 366.76 117.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 419.80 117.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 464.51 117.25 Td (of ) Tj ET Q q 0 0 0 rg BT 475.34 117.25 Td (operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 58.50 93.25 Td (Char) Tj ET Q q 0 0 0 rg BT 78.69 93.25 Td (ges ) Tj ET Q q 0 0 0 rg BT 94.52 93.25 Td (for ) Tj ET Q q 0 0 0 rg BT 108.69 93.25 Td (JV) Tj ET Q q 0 0 0 rg BT 119.06 93.25 Td ( ) Tj ET Q q 0 0 0 rg BT 121.56 93.25 Td (Services ) Tj ET Q q 0 0 0 rg BT 157.37 93.25 Td (- ) Tj ET Q q 0 0 0 rg BT 163.20 93.25 Td (Framework ) Tj ET Q q 0 0 0 rg BT 212.36 93.25 Td (and ) Tj ET Q q 0 0 0 rg BT 229.86 93.25 Td (T) Tj ET Q q 0 0 0 rg BT 234.87 93.25 Td (rade ) Tj ET Q q 0 0 0 rg BT 255.70 93.25 Td (Mark ) Tj ET Q q 0 0 0 rg BT 279.68 93.25 Td (Agr) Tj ET Q q 0 0 0 rg BT 294.31 93.25 Td (eements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 71.25 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 105.10 71.25 Td (to ) Tj ET Q q 0 0 0 rg BT 115.49 71.25 Td (a ) Tj ET Q q 0 0 0 rg BT 122.53 71.25 Td (framework ) Tj ET Q q 0 0 0 rg BT 169.00 71.25 Td (and ) Tj ET Q q 0 0 0 rg BT 186.05 71.25 Td (a ) Tj ET Q q 0 0 0 rg BT 193.09 71.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 215.68 71.25 Td (name ) Tj ET Q q 0 0 0 rg BT 239.94 71.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 284.19 71.25 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 333.51 71.25 Td (, ) Tj ET Q q 0 0 0 rg BT 338.62 71.25 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.44 71.25 Td (JV) Tj ET Q q 0 0 0 rg BT 365.48 71.25 Td ( ) Tj ET Q q 0 0 0 rg BT 368.09 71.25 Td (Service ) Tj ET Q q 0 0 0 rg BT 401.21 71.25 Td (Agr) Tj ET Q q 0 0 0 rg BT 417.69 71.25 Td (eements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.12 71.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 458.05 71.25 Td (entered ) Tj ET Q q 0 0 0 rg BT 490.08 71.25 Td (into ) Tj ET Q q 0 0 0 rg BT 508.24 71.25 Td (in ) Tj ET Q q 0 0 0 rg BT 518.63 71.25 Td (connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.25 Td (with ) Tj ET Q q 0 0 0 rg BT 70.03 59.25 Td (the ) Tj ET Q q 0 0 0 rg BT 85.01 59.25 Td (formation ) Tj ET Q q 0 0 0 rg BT 127.19 59.25 Td (of ) Tj ET Q q 0 0 0 rg BT 138.28 59.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.05 59.25 Td (V) Tj ET Q q 0 0 0 rg BT 158.99 59.25 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 217.83 59.25 Td (JV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.66 59.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.91 59.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 265.10 59.25 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.32 59.25 Td ( ) Tj ET Q q 0 0 0 rg BT 295.08 59.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.07 59.25 Td (V) Tj ET Q q 0 0 0 rg BT 318.00 59.25 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.21 59.25 Td ( ) Tj ET Q q 0 0 0 rg BT 352.97 59.25 Td (char) Tj ET Q q 0 0 0 rg BT 369.99 59.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 382.19 59.25 Td (us ) Tj ET Q q 0 0 0 rg BT 393.83 59.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 412.69 59.25 Td (for ) Tj ET Q q 0 0 0 rg BT 427.10 59.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 457.06 59.25 Td (services ) Tj ET Q q 0 0 0 rg BT 492.02 59.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 530.32 59.25 Td (to ) Tj ET Q q 0 0 0 rg BT 540.86 59.25 Td (us ) Tj ET Q q 0 0 0 rg BT 552.50 59.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.25 Td (the ) Tj ET Q q 0 0 0 rg BT 63.79 47.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 106.39 47.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 155.68 47.25 Td (of ) Tj ET Q q 0 0 0 rg BT 166.08 47.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.36 47.25 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.68 47.25 Td (s ) Tj ET Q q 0 0 0 rg BT 234.64 47.25 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 283.97 47.25 Td (, ) Tj ET Q q 0 0 0 rg BT 288.54 47.25 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.83 47.25 Td (JV) Tj ET Q q 0 0 0 rg BT 314.87 47.25 Td ( ) Tj ET Q q 0 0 0 rg BT 316.94 47.25 Td (Services) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.92 47.25 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.25 47.25 Td (. ) Tj ET Q q 0 0 0 rg BT 359.67 47.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.29 47.25 Td (JV) Tj ET Q q 0 0 0 rg BT 388.22 47.25 Td ( ) Tj ET Q q 0 0 0 rg BT 390.29 47.25 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.17 47.25 Td ( ) Tj ET Q q 0 0 0 rg BT 426.24 47.25 Td (are ) Tj ET Q q 0 0 0 rg BT 440.52 47.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 478.13 47.25 Td (to ) Tj ET Q q 0 0 0 rg BT 487.98 47.25 Td (us ) Tj ET Q q 0 0 0 rg BT 498.95 47.25 Td (on ) Tj ET Q q 0 0 0 rg BT 511.02 47.25 Td (a ) Tj ET Q q 0 0 0 rg BT 517.52 47.25 Td (transitional ) Tj ET Q endstream endobj 165 0 obj <> endobj 166 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.38 704.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 95.71 704.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 120.76 704.10 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 158.31 704.10 Td (to ) Tj ET Q q 0 0 0 rg BT 168.64 704.10 Td (the ) Tj ET Q q 0 0 0 rg BT 183.41 704.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 208.17 704.10 Td (of ) Tj ET Q q 0 0 0 rg BT 219.05 704.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.82 704.10 Td (JV) Tj ET Q q 0 0 0 rg BT 244.75 704.10 Td ( ) Tj ET Q q 0 0 0 rg BT 247.30 704.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 279.28 704.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.59 704.10 Td (, ) Tj ET Q q 0 0 0 rg BT 332.64 704.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.41 704.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 382.74 704.10 Td (services ) Tj ET Q q 0 0 0 rg BT 417.49 704.10 Td (will ) Tj ET Q q 0 0 0 rg BT 435.60 704.10 Td (be ) Tj ET Q q 0 0 0 rg BT 447.59 704.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 485.69 704.10 Td (for ) Tj ET Q q 0 0 0 rg BT 499.90 704.10 Td (a ) Tj ET Q q 0 0 0 rg BT 506.89 704.10 Td (period ) Tj ET Q q 0 0 0 rg BT 534.98 704.10 Td (of ) Tj ET Q q 0 0 0 rg BT 545.86 704.10 Td (four ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.79 692.10 Td (six ) Tj ET Q q 0 0 0 rg BT 73.98 692.10 Td (years ) Tj ET Q q 0 0 0 rg BT 97.59 692.10 Td (depending ) Tj ET Q q 0 0 0 rg BT 141.76 692.10 Td (on ) Tj ET Q q 0 0 0 rg BT 154.28 692.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.01 692.10 Td (type ) Tj ET Q q 0 0 0 rg BT 188.74 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 199.58 692.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 232.91 692.10 Td (while ) Tj ET Q q 0 0 0 rg BT 257.64 692.10 Td (transitional ) Tj ET Q q 0 0 0 rg BT 305.15 692.10 Td (services ) Tj ET Q q 0 0 0 rg BT 339.87 692.10 Td (will ) Tj ET Q q 0 0 0 rg BT 357.94 692.10 Td (be ) Tj ET Q q 0 0 0 rg BT 369.90 692.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 407.96 692.10 Td (for ) Tj ET Q q 0 0 0 rg BT 422.13 692.10 Td (a ) Tj ET Q q 0 0 0 rg BT 429.08 692.10 Td (period ) Tj ET Q q 0 0 0 rg BT 457.15 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 467.99 692.10 Td (not ) Tj ET Q q 0 0 0 rg BT 483.28 692.10 Td (less ) Tj ET Q q 0 0 0 rg BT 500.80 692.10 Td (than ) Tj ET Q q 0 0 0 rg BT 520.53 692.10 Td (12 ) Tj ET Q q 0 0 0 rg BT 533.04 692.10 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (after ) Tj ET Q q 0 0 0 rg BT 70.58 680.10 Td (which ) Tj ET Q q 0 0 0 rg BT 97.78 680.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.77 680.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.08 680.10 Td (s ) Tj ET Q q 0 0 0 rg BT 167.74 680.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.63 680.10 Td (V) Tj ET Q q 0 0 0 rg BT 184.57 680.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.66 680.10 Td ( ) Tj ET Q q 0 0 0 rg BT 243.42 680.10 Td (will ) Tj ET Q q 0 0 0 rg BT 261.75 680.10 Td (be ) Tj ET Q q 0 0 0 rg BT 273.95 680.10 Td (entitled ) Tj ET Q q 0 0 0 rg BT 306.71 680.10 Td (to ) Tj ET Q q 0 0 0 rg BT 317.25 680.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 357.77 680.10 Td (based ) Tj ET Q q 0 0 0 rg BT 383.31 680.10 Td (on ) Tj ET Q q 0 0 0 rg BT 396.07 680.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 434.93 680.10 Td (notice ) Tj ET Q q 0 0 0 rg BT 462.13 680.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 496.63 680.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.94 680.10 Td (JV) Tj ET Q q 0 0 0 rg BT 525.88 680.10 Td ( ) Tj ET Q q 0 0 0 rg BT 528.64 680.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 88.32 668.10 Td (by ) Tj ET Q q 0 0 0 rg BT 101.59 668.10 Td (the ) Tj ET Q q 0 0 0 rg BT 117.09 668.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 160.89 668.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 211.38 668.10 Td (of ) Tj ET Q q 0 0 0 rg BT 222.99 668.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.48 668.10 Td (Shareholder) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.79 668.10 Td (s ) Tj ET Q q 0 0 0 rg BT 293.96 668.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 325.01 668.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 365.50 668.10 Td (of ) Tj ET Q q 0 0 0 rg BT 377.10 668.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 389.81 668.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 437.52 668.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.23 668.10 Td (other ) Tj ET Q q 0 0 0 rg BT 479.05 668.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 517.03 668.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 532.52 668.10 Td (capital-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.10 Td (related ) Tj ET Q q 0 0 0 rg BT 78.61 656.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 131.61 656.10 Td (for ) Tj ET Q q 0 0 0 rg BT 145.17 656.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 170.41 656.10 Td (that ) Tj ET Q q 0 0 0 rg BT 187.31 656.10 Td (we ) Tj ET Q q 0 0 0 rg BT 200.88 656.10 Td (use ) Tj ET Q q 0 0 0 rg BT 216.11 656.10 Td (or ) Tj ET Q q 0 0 0 rg BT 226.35 656.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 267.13 656.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 296.80 656.10 Td (us, ) Tj ET Q q 0 0 0 rg BT 310.10 656.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.44 656.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 343.34 656.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 368.02 656.10 Td (name ) Tj ET Q q 0 0 0 rg BT 391.58 656.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.92 656.10 Td (procurement ) Tj ET Q q 0 0 0 rg BT 460.36 656.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 480.73 656.10 Td (The ) Tj ET Q q 0 0 0 rg BT 498.18 656.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 516.18 656.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.08 656.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 644.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.72 644.10 Td ( ) Tj ET Q q 0 0 0 rg BT 79.22 644.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.97 644.10 Td (V) Tj ET Q q 0 0 0 rg BT 101.91 644.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.11 644.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.61 644.10 Td (char) Tj ET Q q 0 0 0 rg BT 153.64 644.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 165.58 644.10 Td (us ) Tj ET Q q 0 0 0 rg BT 176.97 644.10 Td (for ) Tj ET Q q 0 0 0 rg BT 191.13 644.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.85 644.10 Td (JV) Tj ET Q q 0 0 0 rg BT 216.78 644.10 Td ( ) Tj ET Q q 0 0 0 rg BT 219.28 644.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.16 644.10 Td (, ) Tj ET Q q 0 0 0 rg BT 258.16 644.10 Td (as ) Tj ET Q q 0 0 0 rg BT 268.99 644.10 Td (set ) Tj ET Q q 0 0 0 rg BT 282.60 644.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 304.53 644.10 Td (in ) Tj ET Q q 0 0 0 rg BT 314.81 644.10 Td (the ) Tj ET Q q 0 0 0 rg BT 329.53 644.10 Td (table ) Tj ET Q q 0 0 0 rg BT 351.46 644.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 380.34 644.10 Td (include ) Tj ET Q q 0 0 0 rg BT 412.27 644.10 Td (both ) Tj ET Q q 0 0 0 rg BT 432.55 644.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 455.60 644.10 Td (and ) Tj ET Q q 0 0 0 rg BT 472.54 644.10 Td (usage-based ) Tj ET Q q 0 0 0 rg BT 523.90 644.10 Td (fees. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 620.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 86.57 620.10 Td (est ) Tj ET Q q 0 0 0 rg BT 100.18 620.10 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.82 620.10 Td (. ) Tj ET Q q 0 0 0 rg BT 136.27 620.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 171.55 620.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 200.14 620.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.42 620.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.14 620.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 257.07 620.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 286.79 620.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.23 620.10 Td ( ) Tj ET Q q 0 0 0 rg BT 308.73 620.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.66 620.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.20 620.10 Td (V) Tj ET Q q 0 0 0 rg BT 346.13 620.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 380.84 620.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.28 620.10 Td (, ) Tj ET Q q 0 0 0 rg BT 405.28 620.10 Td (as ) Tj ET Q q 0 0 0 rg BT 416.11 620.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 448.59 620.10 Td (and ) Tj ET Q q 0 0 0 rg BT 465.53 620.10 Td (described ) Tj ET Q q 0 0 0 rg BT 506.35 620.10 Td (below) Tj ET Q q 0 0 0 rg BT 530.14 620.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 596.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.13 596.10 Td (operty ) Tj ET Q q 0 0 0 rg BT 105.76 596.10 Td (and ) Tj ET Q q 0 0 0 rg BT 123.85 596.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 168.59 596.10 Td (additions, ) Tj ET Q q 0 0 0 rg BT 211.40 596.10 Td (net.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.12 596.10 Td ( ) Tj ET Q q 0 0 0 rg BT 228.98 596.10 Td (These ) Tj ET Q q 0 0 0 rg BT 255.94 596.10 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 295.42 596.10 Td (which ) Tj ET Q q 0 0 0 rg BT 322.94 596.10 Td (are ) Tj ET Q q 0 0 0 rg BT 338.23 596.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 359.09 596.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 390.78 596.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 430.51 596.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 470.25 596.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 508.88 596.10 Td (and ) Tj ET Q q 0 0 0 rg BT 526.41 596.10 Td (network-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 584.10 Td (related ) Tj ET Q q 0 0 0 rg BT 78.44 584.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 122.39 584.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 158.55 584.10 Td (from ) Tj ET Q q 0 0 0 rg BT 179.73 584.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.67 584.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 239.84 584.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.05 584.10 Td ( ) Tj ET Q q 0 0 0 rg BT 268.79 584.10 Td (and ) Tj ET Q q 0 0 0 rg BT 284.84 584.10 Td (V) Tj ET Q q 0 0 0 rg BT 290.77 584.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 324.72 584.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 376.17 584.10 Td (which ) Tj ET Q q 0 0 0 rg BT 402.35 584.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 451.30 584.10 Td (centrally ) Tj ET Q q 0 0 0 rg BT 488.02 584.10 Td (procure ) Tj ET Q q 0 0 0 rg BT 520.29 584.10 Td (equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.00 572.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 89.49 572.10 Td (of ) Tj ET Q q 0 0 0 rg BT 100.32 572.10 Td (our ) Tj ET Q q 0 0 0 rg BT 116.15 572.10 Td (company) Tj ET Q q 0 0 0 rg BT 152.15 572.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 548.10 Td (Predecessor Period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 524.10 Td (Prior ) Tj ET Q q 0 0 0 rg BT 90.04 524.10 Td (to ) Tj ET Q q 0 0 0 rg BT 100.37 524.10 Td (the ) Tj ET Q q 0 0 0 rg BT 115.13 524.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 146.56 524.10 Td (of ) Tj ET Q q 0 0 0 rg BT 157.43 524.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.19 524.10 Td (JV) Tj ET Q q 0 0 0 rg BT 183.13 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 185.48 524.10 Td (T) Tj ET Q q 0 0 0 rg BT 191.24 524.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.34 524.10 Td (, ) Tj ET Q q 0 0 0 rg BT 237.38 524.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.13 524.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 299.10 524.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.32 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 328.86 524.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 378.62 524.10 Td (char) Tj ET Q q 0 0 0 rg BT 395.65 524.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 412.63 524.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 431.28 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 448.26 524.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 486.89 524.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 509.44 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 526.42 524.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.94 512.10 Td (our ) Tj ET Q q 0 0 0 rg BT 75.93 512.10 Td (company) Tj ET Q q 0 0 0 rg BT 111.94 512.10 Td (, ) Tj ET Q q 0 0 0 rg BT 117.10 512.10 Td (as ) Tj ET Q q 0 0 0 rg BT 128.09 512.10 Td (further ) Tj ET Q q 0 0 0 rg BT 157.96 512.10 Td (described ) Tj ET Q q 0 0 0 rg BT 198.94 512.10 Td (below) Tj ET Q q 0 0 0 rg BT 222.73 512.10 Td (. ) Tj ET Q q 0 0 0 rg BT 227.89 512.10 Td (Upon ) Tj ET Q q 0 0 0 rg BT 252.78 512.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 284.33 512.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.32 512.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.20 512.10 Td (JV) Tj ET Q q 0 0 0 rg BT 321.13 512.10 Td ( ) Tj ET Q q 0 0 0 rg BT 323.60 512.10 Td (T) Tj ET Q q 0 0 0 rg BT 329.36 512.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.45 512.10 Td (, ) Tj ET Q q 0 0 0 rg BT 375.62 512.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.49 512.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 409.26 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 426.36 512.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 465.11 512.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 487.77 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 504.87 512.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 543.63 512.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (been ) Tj ET Q q 0 0 0 rg BT 71.35 500.10 Td (replaced ) Tj ET Q q 0 0 0 rg BT 108.18 500.10 Td (by ) Tj ET Q q 0 0 0 rg BT 121.15 500.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 140.22 500.10 Td (for ) Tj ET Q q 0 0 0 rg BT 154.85 500.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.04 500.10 Td (JV) Tj ET Q q 0 0 0 rg BT 180.97 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 183.94 500.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.82 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 220.79 500.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 258.19 500.10 Td (to ) Tj ET Q q 0 0 0 rg BT 268.94 500.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.13 500.10 Td (JV) Tj ET Q q 0 0 0 rg BT 295.06 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 298.03 500.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 330.33 500.10 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 500.10 Td (, ) Tj ET Q q 0 0 0 rg BT 384.12 500.10 Td (as ) Tj ET Q q 0 0 0 rg BT 395.42 500.10 Td (described ) Tj ET Q q 0 0 0 rg BT 436.70 500.10 Td (above. ) Tj ET Q q 0 0 0 rg BT 465.84 500.10 Td (The ) Tj ET Q q 0 0 0 rg BT 484.35 500.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 528.99 500.10 Td (set ) Tj ET Q q 0 0 0 rg BT 543.07 500.10 Td (forth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.10 Td (below ) Tj ET Q q 0 0 0 rg BT 75.31 488.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 111.11 488.10 Td (descriptions ) Tj ET Q q 0 0 0 rg BT 160.80 488.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.50 488.10 Td (our ) Tj ET Q q 0 0 0 rg BT 185.20 488.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 237.64 488.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 286.78 488.10 Td (during ) Tj ET Q q 0 0 0 rg BT 314.25 488.10 Td (the ) Tj ET Q q 0 0 0 rg BT 327.83 488.10 Td (Predecessor ) Tj ET Q q 0 0 0 rg BT 376.96 488.10 Td (period ) Tj ET Q q 0 0 0 rg BT 403.88 488.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 424.68 488.10 Td (to ) Tj ET Q q 0 0 0 rg BT 433.83 488.10 Td (the ) Tj ET Q q 0 0 0 rg BT 447.41 488.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 477.66 488.10 Td (of ) Tj ET Q q 0 0 0 rg BT 487.36 488.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.95 488.10 Td (JV) Tj ET Q q 0 0 0 rg BT 511.88 488.10 Td ( ) Tj ET Q q 0 0 0 rg BT 513.15 488.10 Td (T) Tj ET Q q 0 0 0 rg BT 518.90 488.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.00 488.10 Td (.) 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124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 122.60000000000002 m 563 122.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.45 445.00 Td (Y) Tj ET Q q 0 0 0 rg BT 507.45 445.00 Td (ear) Tj ET Q q 0 0 0 rg BT 519.36 445.00 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.80 436.00 Td (December) Tj ET Q q 0 0 0 rg BT 535.69 436.00 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.00 422.05 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.85 408.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 378.27 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.50 378.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 378.27 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 363.27 Td (Programming ) Tj ET Q q 0 0 0 rg BT 110.00 363.27 Td (and ) Tj ET Q q 0 0 0 rg BT 126.93 363.27 Td (other ) Tj ET Q q 0 0 0 rg BT 149.98 363.27 Td (direct ) Tj ET Q q 0 0 0 rg BT 175.24 363.27 Td (costs ) Tj ET Q q 0 0 0 rg BT 197.74 363.27 Td (of ) Tj ET Q q 0 0 0 rg BT 208.57 363.27 Td (services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 363.32 Td (\(12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 363.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 348.27 Td (Other ) Tj ET Q q 0 0 0 rg BT 77.77 348.27 Td (operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 348.32 Td (\(4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 348.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 333.27 Td (SG&A) Tj ET Q q 0 0 0 rg BT 80.01 333.27 Td ( ) Tj ET Q q 0 0 0 rg BT 82.23 333.27 Td (expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 333.32 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 333.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 318.27 Td (Allocated ) Tj ET Q q 0 0 0 rg BT 93.87 318.27 Td (share-based ) Tj ET Q q 0 0 0 rg BT 143.57 318.27 Td (compensation ) Tj ET Q q 0 0 0 rg BT 201.61 318.27 Td (expense ) Tj ET Q q 0 0 0 rg BT 236.32 318.27 Td 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(\(50.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 263.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 248.27 Td (Share-based ) Tj ET Q q 0 0 0 rg BT 112.87 248.27 Td (compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 248.32 Td (\(19.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 248.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 233.27 Td (Management ) Tj ET Q q 0 0 0 rg BT 116.20 233.27 Td (fee) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 233.32 Td (\(89.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 233.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 218.27 Td (T) Tj ET Q q 0 0 0 rg BT 72.91 218.27 Td (otal fees and allocations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 218.32 Td (\(233.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 218.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 203.27 Td (Included in operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 203.32 Td (\(256.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 203.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 188.27 Td (Interest ) Tj ET Q q 0 0 0 rg BT 84.99 188.27 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 188.32 Td (\(163.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 188.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 173.27 Td (Interest ) Tj ET Q q 0 0 0 rg BT 84.99 173.27 Td (income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 173.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 158.27 Td (Related-party ) Tj ET Q q 0 0 0 rg BT 109.42 158.27 Td (allocation ) Tj ET Q q 0 0 0 rg BT 151.35 158.27 Td (of ) Tj ET Q q 0 0 0 rg BT 162.18 158.27 Td (current ) Tj ET Q q 0 0 0 rg BT 192.99 158.27 Td (tax ) Tj ET Q q 0 0 0 rg BT 207.71 158.27 Td (benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 158.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 143.27 Td (Included ) Tj ET Q q 0 0 0 rg BT 98.99 143.27 Td (in ) Tj ET Q q 0 0 0 rg BT 109.26 143.27 Td (net ) Tj ET Q q 0 0 0 rg BT 123.98 143.27 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.50 143.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 143.32 Td (\(419.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 143.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 128.27 Td (Property and equipment additions, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.50 128.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 128.27 Td (153.0) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 100.10 Td (General. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.36 100.10 Td (Prior ) Tj ET Q q 0 0 0 rg BT 127.95 100.10 Td (to ) Tj ET Q q 0 0 0 rg BT 138.31 100.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.12 100.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 184.60 100.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.52 100.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.32 100.10 Td (JV) Tj ET Q q 0 0 0 rg BT 221.26 100.10 Td ( ) Tj ET Q q 0 0 0 rg BT 223.66 100.10 Td (T) Tj ET Q q 0 0 0 rg BT 229.41 100.10 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.51 100.10 Td (, ) Tj ET Q q 0 0 0 rg BT 275.60 100.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.39 100.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 337.41 100.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.63 100.10 Td ( ) Tj ET Q q 0 0 0 rg BT 367.22 100.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 417.02 100.10 Td (char) Tj ET Q q 0 0 0 rg BT 434.05 100.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 451.08 100.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 469.77 100.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.79 100.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 525.47 100.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 548.06 100.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 88.44 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 99.07 88.10 Td (our ) Tj ET Q q 0 0 0 rg BT 115.24 88.10 Td (company) Tj ET Q q 0 0 0 rg BT 151.25 88.10 Td (. ) Tj ET Q q 0 0 0 rg BT 156.60 88.10 Td (Depending ) Tj ET Q q 0 0 0 rg BT 203.32 88.10 Td (on ) Tj ET Q q 0 0 0 rg BT 216.16 88.10 Td (the ) Tj ET Q q 0 0 0 rg BT 231.23 88.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 259.06 88.10 Td (of ) Tj ET Q q 0 0 0 rg BT 270.23 88.10 Td (these ) Tj ET Q q 0 0 0 rg BT 293.63 88.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 347.55 88.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 400.66 88.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.72 88.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 448.56 88.10 Td (of ) Tj ET Q q 0 0 0 rg BT 459.74 88.10 Td (the ) Tj ET Q q 0 0 0 rg BT 474.80 88.10 Td (char) Tj ET Q q 0 0 0 rg BT 491.83 88.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 508.00 88.10 Td (or ) Tj ET Q q 0 0 0 rg BT 519.18 88.10 Td (allocations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.10 Td (were ) Tj ET Q q 0 0 0 rg BT 71.66 76.10 Td (based ) Tj ET Q q 0 0 0 rg BT 97.16 76.10 Td (on ) Tj ET Q q 0 0 0 rg BT 109.89 76.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 122.06 76.10 Td (our ) Tj ET Q q 0 0 0 rg BT 138.13 76.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 179.18 76.10 Td (share ) Tj ET Q q 0 0 0 rg BT 203.01 76.10 Td (of ) Tj ET Q q 0 0 0 rg BT 214.07 76.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.02 76.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 275.08 76.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 300.31 76.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 315.26 76.10 Td (our ) Tj ET Q q 0 0 0 rg BT 331.32 76.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 372.37 76.10 Td (share ) Tj ET Q q 0 0 0 rg BT 396.20 76.10 Td (of ) Tj ET Q q 0 0 0 rg BT 407.26 76.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.21 76.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 468.27 76.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 491.00 76.10 Td (plus ) Tj ET Q q 0 0 0 rg BT 510.40 76.10 Td (a ) Tj ET Q q 0 0 0 rg BT 517.57 76.10 Td (mark-up ) Tj ET Q q 0 0 0 rg BT 554.18 76.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 67.00 64.10 Td (commercially-negotiated ) Tj ET Q q 0 0 0 rg BT 169.45 64.10 Td (rates. ) Tj ET Q endstream endobj 167 0 obj <> endobj 168 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 704.10 Td (During ) Tj ET Q q 0 0 0 rg BT 98.67 704.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.72 704.10 Td (first ) Tj ET Q q 0 0 0 rg BT 132.67 704.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 163.82 704.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.99 704.10 Td (2015, ) Tj ET Q q 0 0 0 rg BT 200.32 704.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 232.59 704.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 262.65 704.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 308.79 704.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 338.83 704.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 370.55 704.10 Td (that ) Tj ET Q q 0 0 0 rg BT 388.38 704.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 411.76 704.10 Td (central ) Tj ET Q q 0 0 0 rg BT 441.80 704.10 Td (and ) Tj ET Q q 0 0 0 rg BT 459.08 704.10 Td (other ) Tj ET Q q 0 0 0 rg BT 482.46 704.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 542.50 704.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (\(the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.67 692.10 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 114.73 692.10 Td (Entities ) Tj ET Q q 0 0 0 rg BT 149.94 692.10 Td (T) Tj ET Q q 0 0 0 rg BT 155.87 692.10 Td (ransfer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.97 692.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 192.92 692.10 Td (from ) Tj ET Q q 0 0 0 rg BT 214.99 692.10 Td (one ) Tj ET Q q 0 0 0 rg BT 232.05 692.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 275.79 692.10 Td (to ) Tj ET Q q 0 0 0 rg BT 286.19 692.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 316.02 692.10 Td (other ) Tj ET Q q 0 0 0 rg BT 339.19 692.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 371.25 692.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 401.10 692.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 450.94 692.10 Td (that ) Tj ET Q q 0 0 0 rg BT 468.56 692.10 Td (were ) Tj ET Q q 0 0 0 rg BT 490.61 692.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 522.13 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 533.08 692.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (Global) Tj ET Q q 0 0 0 rg BT 79.50 680.10 Td (s ) Tj ET Q q 0 0 0 rg BT 86.18 680.10 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 130.63 680.10 Td (groups. ) Tj ET Q q 0 0 0 rg BT 163.14 680.10 Td (In ) Tj ET Q q 0 0 0 rg BT 174.26 680.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 220.92 680.10 Td (with ) Tj ET Q q 0 0 0 rg BT 241.49 680.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.49 680.10 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 299.27 680.10 Td (Entities ) Tj ET Q q 0 0 0 rg BT 332.41 680.10 Td (T) Tj ET Q q 0 0 0 rg BT 338.16 680.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 365.52 680.10 Td (, ) Tj ET Q q 0 0 0 rg BT 370.81 680.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 403.04 680.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 433.04 680.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 469.15 680.10 Td (the ) Tj ET Q q 0 0 0 rg BT 484.15 680.10 Td (processes ) Tj ET Q q 0 0 0 rg BT 525.26 680.10 Td (it ) Tj ET Q q 0 0 0 rg BT 533.61 680.10 Td (used ) Tj ET Q q 0 0 0 rg BT 554.73 680.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 668.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 78.29 668.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 96.71 668.10 Td (and ) Tj ET Q q 0 0 0 rg BT 113.47 668.10 Td (allocate ) Tj ET Q q 0 0 0 rg BT 146.89 668.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 169.21 668.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.97 668.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 224.40 668.10 Td (from ) Tj ET Q q 0 0 0 rg BT 246.16 668.10 Td (one ) Tj ET Q q 0 0 0 rg BT 262.92 668.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 306.36 668.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.46 668.10 Td (another) Tj ET Q q 0 0 0 rg BT 345.89 668.10 Td (. ) Tj ET Q q 0 0 0 rg BT 350.55 668.10 Td (This ) Tj ET Q q 0 0 0 rg BT 370.65 668.10 Td (methodology) Tj ET Q q 0 0 0 rg BT 422.77 668.10 Td (, ) Tj ET Q q 0 0 0 rg BT 427.60 668.10 Td (which ) Tj ET Q q 0 0 0 rg BT 454.36 668.10 Td (was ) Tj ET Q q 0 0 0 rg BT 472.24 668.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 509.00 668.10 Td (to ) Tj ET Q q 0 0 0 rg BT 519.10 668.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 547.52 668.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 80.49 656.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 109.27 656.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 150.26 656.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.60 656.10 Td (allocate ) Tj ET Q q 0 0 0 rg BT 192.25 656.10 Td (its ) Tj ET Q q 0 0 0 rg BT 203.26 656.10 Td (central ) Tj ET Q q 0 0 0 rg BT 232.02 656.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.02 656.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 306.79 656.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 328.35 656.10 Td (to ) Tj ET Q q 0 0 0 rg BT 337.69 656.10 Td (its ) Tj ET Q q 0 0 0 rg BT 348.69 656.10 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 391.91 656.10 Td (groups ) Tj ET Q q 0 0 0 rg BT 420.70 656.10 Td (on ) Tj ET Q q 0 0 0 rg BT 432.26 656.10 Td (a ) Tj ET Q q 0 0 0 rg BT 438.25 656.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 453.69 656.10 Td (and ) Tj ET Q q 0 0 0 rg BT 469.69 656.10 Td (rational ) Tj ET Q q 0 0 0 rg BT 501.79 656.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 525.85 656.10 Td (impacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 644.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.25 644.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 110.66 644.10 Td (of ) Tj ET Q q 0 0 0 rg BT 121.53 644.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.28 644.10 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 184.36 644.10 Td (metric ) Tj ET Q q 0 0 0 rg BT 212.44 644.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 251.07 644.10 Td (by ) Tj ET Q q 0 0 0 rg BT 263.61 644.10 Td (our ) Tj ET Q q 0 0 0 rg BT 279.48 644.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 299.23 644.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 347.30 644.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.63 644.10 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 394.28 644.10 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.63 644.10 Td (\). ) Tj ET Q q 0 0 0 rg BT 441.00 644.10 Td (In ) Tj ET Q q 0 0 0 rg BT 451.86 644.10 Td (this ) Tj ET Q q 0 0 0 rg BT 468.85 644.10 Td (regard, ) Tj ET Q q 0 0 0 rg BT 499.43 644.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.18 644.10 Td (components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 632.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.73 632.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 112.71 632.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 130.71 632.10 Td (and ) Tj ET Q q 0 0 0 rg BT 147.04 632.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 192.26 632.10 Td (that ) Tj ET Q q 0 0 0 rg BT 209.16 632.10 Td (were ) Tj ET Q q 0 0 0 rg BT 230.49 632.10 Td (deducted ) Tj ET Q q 0 0 0 rg BT 268.48 632.10 Td (to ) Tj ET Q q 0 0 0 rg BT 278.16 632.10 Td (arrive ) Tj ET Q q 0 0 0 rg BT 303.37 632.10 Td (at ) Tj ET Q q 0 0 0 rg BT 312.49 632.10 Td (our ) Tj ET Q q 0 0 0 rg BT 327.72 632.10 Td (Covenant ) Tj ET Q q 0 0 0 rg BT 367.94 632.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 404.05 632.10 Td ( ) Tj ET Q q 0 0 0 rg BT 405.95 632.10 Td (were ) Tj ET Q q 0 0 0 rg BT 427.28 632.10 Td (based ) Tj ET Q q 0 0 0 rg BT 451.95 632.10 Td (on ) Tj ET Q q 0 0 0 rg BT 463.85 632.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 475.18 632.10 Td (the ) Tj ET Q q 0 0 0 rg BT 489.30 632.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 521.19 632.10 Td (and ) Tj ET Q q 0 0 0 rg BT 537.53 632.10 Td (nature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.07 620.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 82.31 620.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 117.86 620.10 Td (by ) Tj ET Q q 0 0 0 rg BT 130.10 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 144.55 620.10 Td (allocating ) Tj ET Q q 0 0 0 rg BT 186.22 620.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 217.89 620.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 247.34 620.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 296.80 620.10 Td (during ) Tj ET Q q 0 0 0 rg BT 325.14 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.60 620.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 369.88 620.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 384.34 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 398.79 620.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 440.46 620.10 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 501.58 620.10 Td (in ) Tj ET Q q 0 0 0 rg BT 511.60 620.10 Td (ef) Tj ET Q q 0 0 0 rg BT 519.18 620.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 536.41 620.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.99 608.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 94.31 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.03 608.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 128.30 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 142.79 608.10 Td (size ) Tj ET Q q 0 0 0 rg BT 160.61 608.10 Td (of ) Tj ET Q q 0 0 0 rg BT 171.22 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.71 608.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 215.75 608.10 Td (pool ) Tj ET Q q 0 0 0 rg BT 235.80 608.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.41 608.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 277.57 608.10 Td (that ) Tj ET Q q 0 0 0 rg BT 294.84 608.10 Td (were ) Tj ET Q q 0 0 0 rg BT 316.54 608.10 Td (char) Tj ET Q q 0 0 0 rg BT 333.57 608.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 350.28 608.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 368.66 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 385.37 608.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 423.73 608.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 448.51 608.10 Td (Prior ) Tj ET Q q 0 0 0 rg BT 470.78 608.10 Td (to ) Tj ET Q q 0 0 0 rg BT 480.84 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.33 608.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 526.49 608.10 Td (of ) Tj ET Q q 0 0 0 rg BT 537.10 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 551.59 608.10 Td (JV) Tj ET Q q 0 0 0 rg BT 562.52 608.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 596.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 596.10 Td (ransaction, ) Tj ET Q q 0 0 0 rg BT 101.29 596.10 Td (we ) Tj ET Q q 0 0 0 rg BT 115.39 596.10 Td (were ) Tj ET Q q 0 0 0 rg BT 137.25 596.10 Td (char) Tj ET Q q 0 0 0 rg BT 154.28 596.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 171.16 596.10 Td (a ) Tj ET Q q 0 0 0 rg BT 178.03 596.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 192.68 596.10 Td (of ) Tj ET Q q 0 0 0 rg BT 203.45 596.10 Td (543.0 ) Tj ET Q q 0 0 0 rg BT 233.38 596.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 267.21 596.10 Td (net ) Tj ET Q q 0 0 0 rg BT 281.87 596.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.64 596.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 307.29 596.10 Td (of ) Tj ET Q q 0 0 0 rg BT 318.06 596.10 Td (181.0 ) Tj ET Q q 0 0 0 rg BT 348.00 596.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 381.83 596.10 Td (by ) Tj ET Q q 0 0 0 rg BT 394.26 596.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 426.14 596.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 455.79 596.10 Td (to ) Tj ET Q q 0 0 0 rg BT 466.01 596.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 506.20 596.10 Td (the ) Tj ET Q q 0 0 0 rg BT 520.86 596.10 Td (agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 584.10 Td (governing ) Tj ET Q q 0 0 0 rg BT 92.25 584.10 Td (these ) Tj ET Q q 0 0 0 rg BT 115.01 584.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 168.29 584.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 186.60 584.10 Td (and ) Tj ET Q q 0 0 0 rg BT 203.25 584.10 Td (allocations. ) Tj ET Q q 0 0 0 rg BT 251.11 584.10 Td (This ) Tj ET Q q 0 0 0 rg BT 271.10 584.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 285.51 584.10 Td (is ) Tj ET Q q 0 0 0 rg BT 294.39 584.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 331.57 584.10 Td (as ) Tj ET Q q 0 0 0 rg BT 342.10 584.10 Td (a ) Tj ET Q q 0 0 0 rg BT 348.75 584.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 387.06 584.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 435.38 584.10 Td (in ) Tj ET Q q 0 0 0 rg BT 445.36 584.10 Td (our ) Tj ET Q q 0 0 0 rg BT 460.90 584.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 513.65 584.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 554.17 584.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (owner) Tj ET Q q 0 0 0 rg BT 74.86 572.10 Td () Tj ET Q q 0 0 0 rg BT 77.64 572.10 Td (s ) Tj ET Q q 0 0 0 rg BT 83.74 572.10 Td (equity) Tj ET Q q 0 0 0 rg BT 108.08 572.10 Td (. ) Tj ET Q q 0 0 0 rg BT 112.63 572.10 Td (The ) Tj ET Q q 0 0 0 rg BT 130.38 572.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 173.13 572.10 Td (related ) Tj ET Q q 0 0 0 rg BT 202.54 572.10 Td (to ) Tj ET Q q 0 0 0 rg BT 212.52 572.10 Td (this ) Tj ET Q q 0 0 0 rg BT 229.18 572.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 243.59 572.10 Td (was ) Tj ET Q q 0 0 0 rg BT 261.35 572.10 Td (converted ) Tj ET Q q 0 0 0 rg BT 302.97 572.10 Td (to ) Tj ET Q q 0 0 0 rg BT 312.96 572.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 340.16 572.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.80 572.10 Td (is ) Tj ET Q q 0 0 0 rg BT 365.67 572.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 402.85 572.10 Td (as ) Tj ET Q q 0 0 0 rg BT 413.38 572.10 Td (a ) Tj ET Q q 0 0 0 rg BT 420.03 572.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 458.33 572.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 493.29 572.10 Td (to ) Tj ET Q q 0 0 0 rg BT 503.27 572.10 Td (owner) Tj ET Q q 0 0 0 rg BT 528.63 572.10 Td () Tj ET Q q 0 0 0 rg BT 531.41 572.10 Td (s ) Tj ET Q q 0 0 0 rg BT 537.51 572.10 Td (equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.92 560.10 Td (our ) Tj ET Q q 0 0 0 rg BT 75.89 560.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 129.08 560.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 170.04 560.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.01 560.10 Td (owner) Tj ET Q q 0 0 0 rg BT 206.37 560.10 Td () Tj ET Q q 0 0 0 rg BT 209.15 560.10 Td (s ) Tj ET Q q 0 0 0 rg BT 215.68 560.10 Td (equity) Tj ET Q q 0 0 0 rg BT 240.03 560.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.53 560.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.17 560.10 Td (In ) Tj ET Q q 0 0 0 rg BT 256.14 560.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 294.06 560.10 Td (a ) Tj ET Q q 0 0 0 rg BT 301.14 560.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 344.89 560.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.86 560.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 387.93 560.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 417.79 560.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 437.46 560.10 Td (V) Tj ET Q q 0 0 0 rg BT 443.39 560.10 Td (A) Tj ET Q q 0 0 0 rg BT 449.50 560.10 Td (T) Tj ET Q q 0 0 0 rg BT 455.43 560.10 Td ( ) Tj ET Q q 0 0 0 rg BT 458.07 560.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 501.81 560.10 Td (with ) Tj ET Q q 0 0 0 rg BT 522.23 560.10 Td (this ) Tj ET Q q 0 0 0 rg BT 539.32 560.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 554.17 560.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.10 Td (152.0 ) Tj ET Q q 0 0 0 rg BT 79.36 548.10 Td (million ) Tj ET Q q 0 0 0 rg BT 110.61 548.10 Td (on ) Tj ET Q q 0 0 0 rg BT 122.97 548.10 Td (our ) Tj ET Q q 0 0 0 rg BT 138.66 548.10 Td (behalf, ) Tj ET Q q 0 0 0 rg BT 168.51 548.10 Td (which ) Tj ET Q q 0 0 0 rg BT 195.30 548.10 Td (is ) Tj ET Q q 0 0 0 rg BT 204.33 548.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 241.67 548.10 Td (as ) Tj ET Q q 0 0 0 rg BT 252.35 548.10 Td (a ) Tj ET Q q 0 0 0 rg BT 259.15 548.10 Td (contribution ) Tj ET Q q 0 0 0 rg BT 310.40 548.10 Td (in ) Tj ET Q q 0 0 0 rg BT 320.53 548.10 Td (our ) Tj ET Q q 0 0 0 rg BT 336.22 548.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 389.13 548.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 429.81 548.10 Td (of ) Tj ET Q q 0 0 0 rg BT 440.50 548.10 Td (owner) Tj ET Q q 0 0 0 rg BT 465.86 548.10 Td () Tj ET Q q 0 0 0 rg BT 468.63 548.10 Td (s ) Tj ET Q q 0 0 0 rg BT 474.89 548.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 502.24 548.10 Td (and ) Tj ET Q q 0 0 0 rg BT 519.04 548.10 Td (is ) Tj ET Q q 0 0 0 rg BT 528.07 548.10 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.42 536.10 Td (V) Tj ET Q q 0 0 0 rg BT 65.35 536.10 Td (A) Tj ET Q q 0 0 0 rg BT 71.46 536.10 Td (T) Tj ET Q q 0 0 0 rg BT 77.39 536.10 Td ( ) Tj ET Q q 0 0 0 rg BT 79.69 536.10 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 125.58 536.10 Td (net ) Tj ET Q q 0 0 0 rg BT 140.10 536.10 Td (in ) Tj ET Q q 0 0 0 rg BT 150.18 536.10 Td (our ) Tj ET Q q 0 0 0 rg BT 165.82 536.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 218.66 536.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 251.50 536.10 Td (sheet. ) Tj ET Q q 0 0 0 rg BT 276.85 536.10 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 325.27 536.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.35 536.10 Td (December ) Tj ET Q q 0 0 0 rg BT 378.74 536.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 393.54 536.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 418.35 536.10 Td (we ) Tj ET Q q 0 0 0 rg BT 432.31 536.10 Td (received ) Tj ET Q q 0 0 0 rg BT 468.48 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 483.00 536.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 531.97 536.10 Td (balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.81 524.10 Td (this ) Tj ET Q q 0 0 0 rg BT 76.10 524.10 Td (V) Tj ET Q q 0 0 0 rg BT 82.03 524.10 Td (A) Tj ET Q q 0 0 0 rg BT 88.14 524.10 Td (T) Tj ET Q q 0 0 0 rg BT 94.07 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 96.05 524.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 139.11 524.10 Td (from ) Tj ET Q q 0 0 0 rg BT 160.53 524.10 Td (the ) Tj ET Q q 0 0 0 rg BT 174.72 524.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 201.14 524.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 215.34 524.10 Td (authority) Tj ET Q q 0 0 0 rg BT 250.79 524.10 Td (, ) Tj ET Q q 0 0 0 rg BT 255.27 524.10 Td (which ) Tj ET Q q 0 0 0 rg BT 281.69 524.10 Td (we ) Tj ET Q q 0 0 0 rg BT 295.33 524.10 Td (then ) Tj ET Q q 0 0 0 rg BT 314.53 524.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 359.28 524.10 Td (to ) Tj ET Q q 0 0 0 rg BT 369.04 524.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 400.45 524.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 429.65 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.93 524.10 Td (V) Tj ET Q q 0 0 0 rg BT 451.86 524.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 486.04 524.10 Td (in ) Tj ET Q q 0 0 0 rg BT 495.80 524.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 542.74 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 544.72 524.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.22 512.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 88.93 512.10 Td (of ) Tj ET Q q 0 0 0 rg BT 99.76 512.10 Td (the ) Tj ET Q q 0 0 0 rg BT 114.48 512.10 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 168.64 512.10 Td (Agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 488.10 Td (Revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 488.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 139.91 488.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 182.08 488.10 Td (char) Tj ET Q q 0 0 0 rg BT 199.11 488.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 214.07 488.10 Td (for ) Tj ET Q q 0 0 0 rg BT 227.37 488.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 256.21 488.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 305.04 488.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 346.11 488.10 Td (services ) Tj ET Q q 0 0 0 rg BT 379.95 488.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 417.13 488.10 Td (to ) Tj ET Q q 0 0 0 rg BT 426.54 488.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.38 488.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 486.45 488.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.66 488.10 Td ( ) Tj ET Q q 0 0 0 rg BT 515.30 488.10 Td (subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 476.10 Td (af) Tj ET Q q 0 0 0 rg BT 74.03 476.10 Td (filiates.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 452.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.13 452.10 Td (ogramming ) Tj ET Q q 0 0 0 rg BT 125.28 452.10 Td (and ) Tj ET Q q 0 0 0 rg BT 142.32 452.10 Td (other ) Tj ET Q q 0 0 0 rg BT 165.47 452.10 Td (dir) Tj ET Q q 0 0 0 rg BT 176.77 452.10 Td (ect ) Tj ET Q q 0 0 0 rg BT 190.46 452.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 212.50 452.10 Td (of ) Tj ET Q q 0 0 0 rg BT 222.31 452.10 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.06 452.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 293.88 452.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 327.59 452.10 Td (of ) Tj ET Q q 0 0 0 rg BT 337.95 452.10 Td (char) Tj ET Q q 0 0 0 rg BT 354.98 452.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 370.35 452.10 Td (for ) Tj ET Q q 0 0 0 rg BT 384.05 452.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 413.29 452.10 Td (backbone ) Tj ET Q q 0 0 0 rg BT 453.64 452.10 Td (and ) Tj ET Q q 0 0 0 rg BT 470.12 452.10 Td (other ) Tj ET Q q 0 0 0 rg BT 492.71 452.10 Td (services ) Tj ET Q q 0 0 0 rg BT 526.95 452.10 Td (provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 440.10 Td (our ) Tj ET Q q 0 0 0 rg BT 75.61 440.10 Td (company ) Tj ET Q q 0 0 0 rg BT 114.76 440.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.26 440.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 159.20 440.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.41 440.10 Td ( ) Tj ET Q q 0 0 0 rg BT 188.91 440.10 Td (subsidiaries.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 416.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 93.16 416.10 Td (operating.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.54 416.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.36 416.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 171.47 416.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 214.33 416.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 243.86 416.10 Td (cash-settled ) Tj ET Q q 0 0 0 rg BT 293.39 416.10 Td (char) Tj ET Q q 0 0 0 rg BT 310.42 416.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 326.08 416.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.84 416.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 379.60 416.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.82 416.10 Td ( ) Tj ET Q q 0 0 0 rg BT 409.15 416.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 458.69 416.10 Td (to ) Tj ET Q q 0 0 0 rg BT 468.80 416.10 Td (our ) Tj ET Q q 0 0 0 rg BT 484.46 416.10 Td (company) Tj ET Q q 0 0 0 rg BT 520.46 416.10 Td (, ) Tj ET Q q 0 0 0 rg BT 525.29 416.10 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 404.10 Td (related ) Tj ET Q q 0 0 0 rg BT 80.28 404.10 Td (to ) Tj ET Q q 0 0 0 rg BT 91.64 404.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 131.88 404.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 171.00 404.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 219.30 404.10 Td (backbone ) Tj ET Q q 0 0 0 rg BT 261.19 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 279.21 404.10 Td (other ) Tj ET Q q 0 0 0 rg BT 303.34 404.10 Td (network-related ) Tj ET Q q 0 0 0 rg BT 370.22 404.10 Td (services ) Tj ET Q q 0 0 0 rg BT 406.01 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 424.03 404.10 Td (outsourced ) Tj ET Q q 0 0 0 rg BT 471.49 404.10 Td (labor ) Tj ET Q q 0 0 0 rg BT 495.61 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 513.63 404.10 Td (professional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 392.10 Td (services ) Tj ET Q q 0 0 0 rg BT 84.23 392.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 122.29 392.10 Td (to ) Tj ET Q q 0 0 0 rg BT 132.59 392.10 Td (our ) Tj ET Q q 0 0 0 rg BT 148.44 392.10 Td (company) Tj ET Q q 0 0 0 rg BT 184.45 392.10 Td (. ) Tj ET Q q 0 0 0 rg BT 189.47 392.10 Td (Such ) Tj ET Q q 0 0 0 rg BT 211.99 392.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 244.50 392.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 278.69 392.10 Td (of ) Tj ET Q q 0 0 0 rg BT 289.54 392.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 301.50 392.10 Td (char) Tj ET Q q 0 0 0 rg BT 318.52 392.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 334.37 392.10 Td (of ) Tj ET Q q 0 0 0 rg BT 345.22 392.10 Td (3.0 ) Tj ET Q q 0 0 0 rg BT 365.24 392.10 Td (million ) Tj ET Q q 0 0 0 rg BT 396.65 392.10 Td (for ) Tj ET Q q 0 0 0 rg BT 410.83 392.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 440.55 392.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 479.73 392.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 517.80 392.10 Td (equipment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.10 Td (backbone ) Tj ET Q q 0 0 0 rg BT 89.79 380.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.20 380.10 Td (other ) Tj ET Q q 0 0 0 rg BT 128.72 380.10 Td (network-related ) Tj ET Q q 0 0 0 rg BT 193.99 380.10 Td (services ) Tj ET Q q 0 0 0 rg BT 228.17 380.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 265.69 380.10 Td (to ) Tj ET Q q 0 0 0 rg BT 275.44 380.10 Td (our ) Tj ET Q q 0 0 0 rg BT 290.74 380.10 Td (company ) Tj ET Q q 0 0 0 rg BT 329.36 380.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.77 380.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 359.96 380.10 Td (char) Tj ET Q q 0 0 0 rg BT 376.99 380.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 392.29 380.10 Td (of ) Tj ET Q q 0 0 0 rg BT 402.59 380.10 Td (1.0 ) Tj ET Q q 0 0 0 rg BT 422.06 380.10 Td (million ) Tj ET Q q 0 0 0 rg BT 452.93 380.10 Td (lar) Tj ET Q q 0 0 0 rg BT 463.29 380.10 Td (gely ) Tj ET Q q 0 0 0 rg BT 482.48 380.10 Td (for ) Tj ET Q q 0 0 0 rg BT 496.11 380.10 Td (outsourced ) Tj ET Q q 0 0 0 rg BT 541.96 380.10 Td (labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 368.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 368.10 Td (professional ) Tj ET Q q 0 0 0 rg BT 117.82 368.10 Td (services ) Tj ET Q q 0 0 0 rg BT 152.52 368.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 190.57 368.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.85 368.10 Td (our ) Tj ET Q q 0 0 0 rg BT 216.68 368.10 Td (company) Tj ET Q q 0 0 0 rg BT 252.68 368.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 344.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 93.43 344.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.66 344.10 Td (expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.70 344.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.44 344.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 170.45 344.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 204.36 344.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 243.80 344.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.37 344.10 Td (char) Tj ET Q q 0 0 0 rg BT 271.39 344.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 286.96 344.10 Td (for ) Tj ET Q q 0 0 0 rg BT 300.85 344.10 Td (information ) Tj ET Q q 0 0 0 rg BT 350.30 344.10 Td (technology-related ) Tj ET Q q 0 0 0 rg BT 427.50 344.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.17 344.10 Td (other ) Tj ET Q q 0 0 0 rg BT 466.95 344.10 Td (services ) Tj ET Q q 0 0 0 rg BT 501.39 344.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 539.17 344.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.18 344.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.10 Td (company ) Tj ET Q q 0 0 0 rg BT 88.66 332.10 Td (by ) Tj ET Q q 0 0 0 rg BT 101.16 332.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.86 332.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 162.79 332.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.01 332.10 Td ( ) Tj ET Q q 0 0 0 rg BT 192.51 332.10 Td (subsidiaries.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 308.10 Td (Allocated ) Tj ET Q q 0 0 0 rg BT 109.24 308.10 Td (shar) Tj ET Q q 0 0 0 rg BT 126.65 308.10 Td (e-based ) Tj ET Q q 0 0 0 rg BT 161.17 308.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 220.13 308.10 Td (expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.28 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 256.94 308.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 293.14 308.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 337.09 308.10 Td (char) Tj ET Q q 0 0 0 rg BT 354.12 308.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 370.87 308.10 Td (that ) Tj ET Q q 0 0 0 rg BT 389.28 308.10 Td (were ) Tj ET Q q 0 0 0 rg BT 412.13 308.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 451.63 308.10 Td (to ) Tj ET Q q 0 0 0 rg BT 462.83 308.10 Td (our ) Tj ET Q q 0 0 0 rg BT 479.58 308.10 Td (company ) Tj ET Q q 0 0 0 rg BT 519.65 308.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.07 308.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.72 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 79.22 296.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 122.81 296.10 Td (with ) Tj ET Q q 0 0 0 rg BT 143.09 296.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.81 296.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 189.74 296.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.96 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 219.46 296.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 269.15 296.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 308.30 296.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 339.12 296.10 Td (held ) Tj ET Q q 0 0 0 rg BT 358.84 296.10 Td (by ) Tj ET Q q 0 0 0 rg BT 371.34 296.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 401.04 296.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 446.31 296.10 Td (of ) Tj ET Q q 0 0 0 rg BT 457.14 296.10 Td (our ) Tj ET Q q 0 0 0 rg BT 472.97 296.10 Td (subsidiaries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 284.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 272.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 88.91 272.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.44 272.10 Td (allocations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.38 272.10 Td ( ) Tj ET Q q 0 0 0 rg BT 155.73 272.10 Td (These ) Tj ET Q q 0 0 0 rg BT 182.14 272.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 218.55 272.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 257.73 272.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 276.36 272.10 Td (char) Tj ET Q q 0 0 0 rg BT 293.39 272.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 310.36 272.10 Td (to ) Tj ET Q q 0 0 0 rg BT 320.67 272.10 Td (our ) Tj ET Q q 0 0 0 rg BT 336.53 272.10 Td (company ) Tj ET Q q 0 0 0 rg BT 375.71 272.10 Td (that ) Tj ET Q q 0 0 0 rg BT 393.24 272.10 Td (originated ) Tj ET Q q 0 0 0 rg BT 436.31 272.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.62 272.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 488.58 272.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.80 272.10 Td ( ) Tj ET Q q 0 0 0 rg BT 518.33 272.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.30 272.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.17 260.10 Td (its ) Tj ET Q q 0 0 0 rg BT 71.96 260.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 124.02 260.10 Td (and ) Tj ET Q q 0 0 0 rg BT 140.80 260.10 Td (include ) Tj ET Q q 0 0 0 rg BT 172.58 260.10 Td (char) Tj ET Q q 0 0 0 rg BT 189.61 260.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 205.28 260.10 Td (for ) Tj ET Q q 0 0 0 rg BT 219.28 260.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 275.21 260.10 Td (finance, ) Tj ET Q q 0 0 0 rg BT 309.48 260.10 Td (legal, ) Tj ET Q q 0 0 0 rg BT 333.76 260.10 Td (technology) Tj ET Q q 0 0 0 rg BT 377.54 260.10 Td (, ) Tj ET Q q 0 0 0 rg BT 382.38 260.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 425.27 260.10 Td (and ) Tj ET Q q 0 0 0 rg BT 442.05 260.10 Td (other ) Tj ET Q q 0 0 0 rg BT 464.94 260.10 Td (services ) Tj ET Q q 0 0 0 rg BT 499.49 260.10 Td (that ) Tj ET Q q 0 0 0 rg BT 516.83 260.10 Td (support ) Tj ET Q q 0 0 0 rg BT 549.17 260.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.10 Td (company) Tj ET Q q 0 0 0 rg BT 88.93 248.10 Td (s ) Tj ET Q q 0 0 0 rg BT 94.83 248.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 140.85 248.10 Td (These ) Tj ET Q q 0 0 0 rg BT 166.73 248.10 Td (char) Tj ET Q q 0 0 0 rg BT 183.76 248.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 199.10 248.10 Td (were ) Tj ET Q q 0 0 0 rg BT 220.53 248.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 259.74 248.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 279.52 248.10 Td (or ) Tj ET Q q 0 0 0 rg BT 289.85 248.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 309.08 248.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 339.54 248.10 Td (The ) Tj ET Q q 0 0 0 rg BT 357.10 248.10 Td (categories ) Tj ET Q q 0 0 0 rg BT 399.63 248.10 Td (of ) Tj ET Q q 0 0 0 rg BT 409.97 248.10 Td (our ) Tj ET Q q 0 0 0 rg BT 425.31 248.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 443.41 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 459.86 248.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 505.19 248.10 Td (are ) Tj ET Q q 0 0 0 rg BT 519.40 248.10 Td (as ) Tj ET Q q 0 0 0 rg BT 529.74 248.10 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 224.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 224.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 129.84 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 148.07 224.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 174.00 224.10 Td ( ) Tj ET Q q 0 0 0 rg BT 177.23 224.10 Td (r) Tj ET Q q 0 0 0 rg BT 180.75 224.10 Td (elated ) Tj ET Q q 0 0 0 rg BT 208.42 224.10 Td (\(exclusive ) Tj ET Q q 0 0 0 rg BT 251.62 224.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.63 224.10 Td (depr) Tj ET Q q 0 0 0 rg BT 280.59 224.10 Td (eciation ) Tj ET Q q 0 0 0 rg BT 316.03 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 334.26 224.10 Td (shar) Tj ET Q q 0 0 0 rg BT 351.67 224.10 Td (e-based ) Tj ET Q q 0 0 0 rg BT 386.00 224.10 Td (compensation\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.88 224.10 Td (.The ) Tj ET Q q 0 0 0 rg BT 466.16 224.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 499.39 224.10 Td (included ) Tj ET Q q 0 0 0 rg BT 537.05 224.10 Td (in ) Tj ET Q q 0 0 0 rg BT 548.06 224.10 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 212.10 Td (category) Tj ET Q q 0 0 0 rg BT 119.27 212.10 Td (, ) Tj ET Q q 0 0 0 rg BT 123.53 212.10 Td (which ) Tj ET Q q 0 0 0 rg BT 149.73 212.10 Td (was ) Tj ET Q q 0 0 0 rg BT 167.04 212.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 206.00 212.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 225.52 212.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 255.89 212.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 298.18 212.10 Td (our ) Tj ET Q q 0 0 0 rg BT 313.27 212.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 353.35 212.10 Td (share ) Tj ET Q q 0 0 0 rg BT 376.20 212.10 Td (of ) Tj ET Q q 0 0 0 rg BT 386.29 212.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 415.25 212.10 Td (centralized ) Tj ET Q q 0 0 0 rg BT 460.87 212.10 Td (technology) Tj ET Q q 0 0 0 rg BT 504.65 212.10 Td (, ) Tj ET Q q 0 0 0 rg BT 508.91 212.10 Td (management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 200.10 Td (marketing, ) Tj ET Q q 0 0 0 rg BT 131.27 200.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 163.43 200.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.60 200.10 Td (other ) Tj ET Q q 0 0 0 rg BT 203.88 200.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 244.37 200.10 Td (and ) Tj ET Q q 0 0 0 rg BT 261.54 200.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 288.78 200.10 Td ( ) Tj ET Q q 0 0 0 rg BT 291.51 200.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 330.34 200.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.40 200.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 373.57 200.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.78 200.10 Td () Tj ET Q q 0 0 0 rg BT 403.56 200.10 Td (s ) Tj ET Q q 0 0 0 rg BT 410.19 200.10 Td (European ) Tj ET Q q 0 0 0 rg BT 451.23 200.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 498.12 200.10 Td (whose ) Tj ET Q q 0 0 0 rg BT 526.40 200.10 Td (activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 188.10 Td (benefited ) Tj ET Q q 0 0 0 rg BT 124.98 188.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 160.58 188.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 207.01 188.10 Td (including ) Tj ET Q q 0 0 0 rg BT 247.06 188.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 290.99 188.10 Td (within ) Tj ET Q q 0 0 0 rg BT 318.82 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 335.53 188.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 366.69 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 377.30 188.10 Td (our ) Tj ET Q q 0 0 0 rg BT 392.90 188.10 Td (company) Tj ET Q q 0 0 0 rg BT 428.91 188.10 Td (. ) Tj ET Q q 0 0 0 rg BT 433.52 188.10 Td (The ) Tj ET Q q 0 0 0 rg BT 451.34 188.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 483.61 188.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 521.97 188.10 Td (represents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 176.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.33 176.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 142.15 176.10 Td (share ) Tj ET Q q 0 0 0 rg BT 165.75 176.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.58 176.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.30 176.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 217.67 176.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 240.17 176.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 275.98 176.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.48 176.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 320.42 176.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.63 176.10 Td () Tj ET Q q 0 0 0 rg BT 350.41 176.10 Td (s ) Tj ET Q q 0 0 0 rg BT 356.80 176.10 Td (European ) Tj ET Q q 0 0 0 rg BT 397.62 176.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 444.27 176.10 Td (without ) Tj ET Q q 0 0 0 rg BT 477.33 176.10 Td (a ) Tj ET Q q 0 0 0 rg BT 484.27 176.10 Td (mark-up. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 152.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 152.10 Td (Depr) Tj ET Q q 0 0 0 rg BT 105.68 152.10 Td (eciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.89 152.10 Td (. ) Tj ET Q q 0 0 0 rg BT 142.63 152.10 Td (The ) Tj ET Q q 0 0 0 rg BT 160.59 152.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 193.00 152.10 Td (included ) Tj ET Q q 0 0 0 rg BT 229.85 152.10 Td (in ) Tj ET Q q 0 0 0 rg BT 240.04 152.10 Td (this ) Tj ET Q q 0 0 0 rg BT 256.91 152.10 Td (category) Tj ET Q q 0 0 0 rg BT 290.68 152.10 Td (, ) Tj ET Q q 0 0 0 rg BT 295.60 152.10 Td (which ) Tj ET Q q 0 0 0 rg BT 322.45 152.10 Td (was ) Tj ET Q q 0 0 0 rg BT 340.42 152.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 380.03 152.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 400.22 152.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 431.23 152.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 474.19 152.10 Td (our ) Tj ET Q q 0 0 0 rg BT 489.93 152.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 530.67 152.10 Td (share ) Tj ET Q q 0 0 0 rg BT 554.18 152.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 140.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 136.89 140.10 Td (of ) Tj ET Q q 0 0 0 rg BT 147.19 140.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 172.49 140.10 Td (not ) Tj ET Q q 0 0 0 rg BT 187.24 140.10 Td (owned ) Tj ET Q q 0 0 0 rg BT 215.87 140.10 Td (by ) Tj ET Q q 0 0 0 rg BT 227.84 140.10 Td (our ) Tj ET Q q 0 0 0 rg BT 243.14 140.10 Td (company) Tj ET Q q 0 0 0 rg BT 279.15 140.10 Td (. ) Tj ET Q q 0 0 0 rg BT 283.47 140.10 Td (The ) Tj ET Q q 0 0 0 rg BT 300.99 140.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 332.96 140.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 371.01 140.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 413.52 140.10 Td (our ) Tj ET Q q 0 0 0 rg BT 428.82 140.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 469.11 140.10 Td (share ) Tj ET Q q 0 0 0 rg BT 492.18 140.10 Td (of ) Tj ET Q q 0 0 0 rg BT 502.48 140.10 Td (the ) Tj ET Q q 0 0 0 rg BT 516.67 140.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 542.51 140.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 128.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 121.32 128.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.82 128.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 165.75 128.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.97 128.10 Td () Tj ET Q q 0 0 0 rg BT 195.74 128.10 Td (s ) Tj ET Q q 0 0 0 rg BT 202.14 128.10 Td (European ) Tj ET Q q 0 0 0 rg BT 242.95 128.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 289.61 128.10 Td (without ) Tj ET Q q 0 0 0 rg BT 322.66 128.10 Td (a ) Tj ET Q q 0 0 0 rg BT 329.60 128.10 Td (mark-up.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 104.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 104.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 104.02 104.10 Td (e-based ) Tj ET Q q 0 0 0 rg BT 138.99 104.10 Td (compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.54 104.10 Td (. ) Tj ET Q q 0 0 0 rg BT 200.64 104.10 Td (The ) Tj ET Q q 0 0 0 rg BT 220.06 104.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 253.93 104.10 Td (included ) Tj ET Q q 0 0 0 rg BT 292.24 104.10 Td (in ) Tj ET Q q 0 0 0 rg BT 303.89 104.10 Td (this ) Tj ET Q q 0 0 0 rg BT 322.22 104.10 Td (category) Tj ET Q q 0 0 0 rg BT 355.99 104.10 Td (, ) Tj ET Q q 0 0 0 rg BT 362.37 104.10 Td (which ) Tj ET Q q 0 0 0 rg BT 390.68 104.10 Td (was ) Tj ET Q q 0 0 0 rg BT 410.11 104.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 451.19 104.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 472.28 104.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 504.76 104.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 549.17 104.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 92.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 126.11 92.10 Td (share ) Tj ET Q q 0 0 0 rg BT 149.50 92.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.12 92.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 209.61 92.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 267.45 92.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 310.83 92.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.90 92.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 362.63 92.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.84 92.10 Td ( ) Tj ET Q q 0 0 0 rg BT 392.13 92.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 437.19 92.10 Td (who ) Tj ET Q q 0 0 0 rg BT 456.70 92.10 Td (were ) Tj ET Q q 0 0 0 rg BT 478.42 92.10 Td (not ) Tj ET Q q 0 0 0 rg BT 493.49 92.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 538.55 92.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.17 92.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 80.10 Td (company) Tj ET Q q 0 0 0 rg BT 121.51 80.10 Td (. ) Tj ET Q q 0 0 0 rg BT 126.00 80.10 Td (The ) Tj ET Q q 0 0 0 rg BT 143.69 80.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 175.84 80.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 214.08 80.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 256.76 80.10 Td (our ) Tj ET Q q 0 0 0 rg BT 272.24 80.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 312.71 80.10 Td (share ) Tj ET Q q 0 0 0 rg BT 335.96 80.10 Td (of ) Tj ET Q q 0 0 0 rg BT 346.43 80.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.80 80.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 386.82 80.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 408.97 80.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 444.43 80.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.58 80.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 488.16 80.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.38 80.10 Td () Tj ET Q q 0 0 0 rg BT 518.16 80.10 Td (s ) Tj ET Q q 0 0 0 rg BT 524.20 80.10 Td (European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 68.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 132.16 68.10 Td (without ) Tj ET Q q 0 0 0 rg BT 165.21 68.10 Td (a ) Tj ET Q q 0 0 0 rg BT 172.15 68.10 Td (mark-up.) Tj ET Q endstream endobj 169 0 obj <> endobj 170 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-63) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 704.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 704.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 139.26 704.10 Td (fee) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.92 704.10 Td (. ) Tj ET Q q 0 0 0 rg BT 154.86 704.10 Td (The ) Tj ET Q q 0 0 0 rg BT 171.96 704.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 203.51 704.10 Td (included ) Tj ET Q q 0 0 0 rg BT 239.50 704.10 Td (in ) Tj ET Q q 0 0 0 rg BT 248.83 704.10 Td (this ) Tj ET Q q 0 0 0 rg BT 264.84 704.10 Td (category) Tj ET Q q 0 0 0 rg BT 298.61 704.10 Td (, ) Tj ET Q q 0 0 0 rg BT 302.67 704.10 Td (which ) Tj ET Q q 0 0 0 rg BT 328.66 704.10 Td (was ) Tj ET Q q 0 0 0 rg BT 345.77 704.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 384.53 704.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 403.30 704.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 433.46 704.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 471.66 704.10 Td (our ) Tj ET Q q 0 0 0 rg BT 486.54 704.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 526.42 704.10 Td (allocable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 692.10 Td (share ) Tj ET Q q 0 0 0 rg BT 108.54 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.81 692.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 130.19 692.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 169.89 692.10 Td (and ) Tj ET Q q 0 0 0 rg BT 186.27 692.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 213.50 692.10 Td ( ) Tj ET Q q 0 0 0 rg BT 215.44 692.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 253.48 692.10 Td (related ) Tj ET Q q 0 0 0 rg BT 282.62 692.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.34 692.10 Td (stewardship ) Tj ET Q q 0 0 0 rg BT 342.05 692.10 Td (services ) Tj ET Q q 0 0 0 rg BT 376.19 692.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 413.68 692.10 Td (by ) Tj ET Q q 0 0 0 rg BT 425.62 692.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.76 692.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 486.14 692.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.35 692.10 Td ( ) Tj ET Q q 0 0 0 rg BT 515.29 692.10 Td (subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 680.10 Td (and ) Tj ET Q q 0 0 0 rg BT 102.11 680.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 116.49 680.10 Td (the ) Tj ET Q q 0 0 0 rg BT 130.88 680.10 Td (mark-up, ) Tj ET Q q 0 0 0 rg BT 169.42 680.10 Td (if ) Tj ET Q q 0 0 0 rg BT 177.70 680.10 Td (any) Tj ET Q q 0 0 0 rg BT 191.49 680.10 Td (, ) Tj ET Q q 0 0 0 rg BT 196.15 680.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 239.41 680.10 Td (to ) Tj ET Q q 0 0 0 rg BT 249.36 680.10 Td (each ) Tj ET Q q 0 0 0 rg BT 269.84 680.10 Td (category ) Tj ET Q q 0 0 0 rg BT 306.43 680.10 Td (of ) Tj ET Q q 0 0 0 rg BT 316.93 680.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.32 680.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 384.56 680.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 402.83 680.10 Td (and ) Tj ET Q q 0 0 0 rg BT 419.44 680.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 464.92 680.10 Td (char) Tj ET Q q 0 0 0 rg BT 481.95 680.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 498.56 680.10 Td (to ) Tj ET Q q 0 0 0 rg BT 508.50 680.10 Td (our ) Tj ET Q q 0 0 0 rg BT 524.00 680.10 Td (company) Tj ET Q q 0 0 0 rg BT 560.01 680.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 656.10 Td (During ) Tj ET Q q 0 0 0 rg BT 97.34 656.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 121.36 656.10 Td (a ) Tj ET Q q 0 0 0 rg BT 127.31 656.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 169.93 656.10 Td (of ) Tj ET Q q 0 0 0 rg BT 179.77 656.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 210.72 656.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 239.45 656.10 Td (char) Tj ET Q q 0 0 0 rg BT 256.47 656.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 272.42 656.10 Td (our ) Tj ET Q q 0 0 0 rg BT 287.27 656.10 Td (company ) Tj ET Q q 0 0 0 rg BT 325.43 656.10 Td (technology-based ) Tj ET Q q 0 0 0 rg BT 397.48 656.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 415.09 656.10 Td (using ) Tj ET Q q 0 0 0 rg BT 438.27 656.10 Td (a ) Tj ET Q q 0 0 0 rg BT 444.22 656.10 Td (royalty-based ) Tj ET Q q 0 0 0 rg BT 500.16 656.10 Td (method. ) Tj ET Q q 0 0 0 rg BT 534.17 656.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 644.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 74.50 644.10 Td (our ) Tj ET Q q 0 0 0 rg BT 90.33 644.10 Td (proportional ) Tj ET Q q 0 0 0 rg BT 142.26 644.10 Td (share ) Tj ET Q q 0 0 0 rg BT 165.86 644.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.69 644.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.41 644.10 Td (technology-based ) Tj ET Q q 0 0 0 rg BT 264.44 644.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 286.94 644.10 Td (of ) Tj ET Q q 0 0 0 rg BT 297.77 644.10 Td (163.4 ) Tj ET Q q 0 0 0 rg BT 327.77 644.10 Td (million ) Tj ET Q q 0 0 0 rg BT 359.16 644.10 Td (approximated ) Tj ET Q q 0 0 0 rg BT 416.64 644.10 Td (this ) Tj ET Q q 0 0 0 rg BT 433.59 644.10 Td (royalty-based ) Tj ET Q q 0 0 0 rg BT 490.52 644.10 Td (fee. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 620.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 86.57 620.10 Td (est ) Tj ET Q q 0 0 0 rg BT 99.92 620.10 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.57 620.10 Td (. ) Tj ET Q q 0 0 0 rg BT 135.82 620.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 170.85 620.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 210.31 620.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 238.65 620.10 Td (to ) Tj ET Q q 0 0 0 rg BT 248.67 620.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 260.36 620.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 292.04 620.10 Td (on ) Tj ET Q q 0 0 0 rg BT 304.29 620.10 Td (a ) Tj ET Q q 0 0 0 rg BT 310.97 620.10 Td (note ) Tj ET Q q 0 0 0 rg BT 330.44 620.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 363.78 620.10 Td (to ) Tj ET Q q 0 0 0 rg BT 373.81 620.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 405.49 620.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 434.95 620.10 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 468.58 620.10 Td (which ) Tj ET Q q 0 0 0 rg BT 495.26 620.10 Td (was ) Tj ET Q q 0 0 0 rg BT 513.06 620.10 Td (converted ) Tj ET Q q 0 0 0 rg BT 554.73 620.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 608.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 77.00 608.10 Td (during ) Tj ET Q q 0 0 0 rg BT 105.60 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.32 608.10 Td (fourth ) Tj ET Q q 0 0 0 rg BT 147.26 608.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 178.07 608.10 Td (of ) Tj ET Q q 0 0 0 rg BT 188.90 608.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 213.90 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 230.84 608.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 245.56 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.28 608.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 292.21 608.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 321.93 608.10 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 368.30 608.10 Td (Note, ) Tj ET Q q 0 0 0 rg BT 392.74 608.10 Td (as ) Tj ET Q q 0 0 0 rg BT 403.57 608.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 436.06 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 453.00 608.10 Td (described ) Tj ET Q q 0 0 0 rg BT 493.81 608.10 Td (below) Tj ET Q q 0 0 0 rg BT 517.60 608.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 584.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 86.57 584.10 Td (est ) Tj ET Q q 0 0 0 rg BT 101.51 584.10 Td (income. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.72 584.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 173.33 584.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 214.37 584.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 244.29 584.10 Td (to ) Tj ET Q q 0 0 0 rg BT 255.90 584.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.95 584.10 Td (UPC ) Tj ET Q q 0 0 0 rg BT 294.96 584.10 Td (W) Tj ET Q q 0 0 0 rg BT 303.60 584.10 Td (estern ) Tj ET Q q 0 0 0 rg BT 331.31 584.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 364.02 584.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 388.39 584.10 Td (Receivable ) Tj ET Q q 0 0 0 rg BT 436.64 584.10 Td (and ) Tj ET Q q 0 0 0 rg BT 454.91 584.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.96 584.10 Td (UPC ) Tj ET Q q 0 0 0 rg BT 494.25 584.10 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 541.96 584.10 Td (Loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (Receivable. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 548.10 Td (Related-party ) Tj ET Q q 0 0 0 rg BT 124.40 548.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 166.86 548.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.56 548.10 Td (curr) Tj ET Q q 0 0 0 rg BT 193.41 548.10 Td (ent ) Tj ET Q q 0 0 0 rg BT 207.54 548.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 221.67 548.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 250.80 548.10 Td (\(expense\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.61 548.10 Td ( ) Tj ET Q q 0 0 0 rg BT 293.10 548.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 327.79 548.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 370.24 548.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 423.24 548.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 437.37 548.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 482.61 548.10 Td (from ) Tj ET Q q 0 0 0 rg BT 503.96 548.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 533.08 548.10 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.22 536.10 Td (Holding ) Tj ET Q q 0 0 0 rg BT 114.50 536.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 164.21 536.10 Td (within ) Tj ET Q q 0 0 0 rg BT 192.27 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.99 536.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 238.92 536.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 268.64 536.10 Td (Holding ) Tj ET Q q 0 0 0 rg BT 303.91 536.10 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 330.85 536.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 357.24 536.10 Td (Unity) Tj ET Q q 0 0 0 rg BT 379.37 536.10 Td (. ) Tj ET Q q 0 0 0 rg BT 384.37 536.10 Td (For ) Tj ET Q q 0 0 0 rg BT 400.76 536.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 443.25 536.10 Td (information, ) Tj ET Q q 0 0 0 rg BT 495.46 536.10 Td (see ) Tj ET Q q 0 0 0 rg BT 510.73 536.10 Td (note ) Tj ET Q q 0 0 0 rg BT 530.45 536.10 Td (10. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 512.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.13 512.10 Td (operty ) Tj ET Q q 0 0 0 rg BT 105.20 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 122.72 512.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 166.90 512.10 Td (additions, ) Tj ET Q q 0 0 0 rg BT 209.16 512.10 Td (net.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.87 512.10 Td ( ) Tj ET Q q 0 0 0 rg BT 226.21 512.10 Td (This ) Tj ET Q q 0 0 0 rg BT 246.52 512.10 Td (amount, ) Tj ET Q q 0 0 0 rg BT 281.54 512.10 Td (which ) Tj ET Q q 0 0 0 rg BT 308.50 512.10 Td (was ) Tj ET Q q 0 0 0 rg BT 326.58 512.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 366.30 512.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 386.59 512.10 Td (settled, ) Tj ET Q q 0 0 0 rg BT 417.72 512.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 460.78 512.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.53 512.10 Td (net ) Tj ET Q q 0 0 0 rg BT 490.27 512.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 526.11 512.10 Td (values ) Tj ET Q q 0 0 0 rg BT 554.18 512.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 62.96 500.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 103.64 500.10 Td (premises ) Tj ET Q q 0 0 0 rg BT 143.22 500.10 Td (and ) Tj ET Q q 0 0 0 rg BT 161.68 500.10 Td (network-related ) Tj ET Q q 0 0 0 rg BT 229.00 500.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 275.24 500.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 313.69 500.10 Td (from ) Tj ET Q q 0 0 0 rg BT 337.15 500.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.38 500.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 401.84 500.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.06 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 433.08 500.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 486.82 500.10 Td (which ) Tj ET Q q 0 0 0 rg BT 515.29 500.10 Td (subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.10 Td (centrally ) Tj ET Q q 0 0 0 rg BT 86.58 488.10 Td (procured ) Tj ET Q q 0 0 0 rg BT 124.23 488.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 168.54 488.10 Td (on ) Tj ET Q q 0 0 0 rg BT 180.65 488.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 207.74 488.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.17 488.10 Td (our ) Tj ET Q q 0 0 0 rg BT 233.61 488.10 Td (company) Tj ET Q q 0 0 0 rg BT 269.61 488.10 Td (, ) Tj ET Q q 0 0 0 rg BT 274.22 488.10 Td (and ) Tj ET Q q 0 0 0 rg BT 290.76 488.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 305.08 488.10 Td (used ) Tj ET Q q 0 0 0 rg BT 325.52 488.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 369.83 488.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 415.24 488.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.13 488.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.43 488.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 485.97 488.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.19 488.10 Td ( ) Tj ET Q q 0 0 0 rg BT 515.29 488.10 Td (subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 80.89 476.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.72 476.10 Td (Old ) Tj ET Q q 0 0 0 rg BT 109.22 476.10 Td (Ziggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.10 476.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 452.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.55 452.10 Td (following ) Tj ET Q q 0 0 0 rg BT 126.93 452.10 Td (table ) Tj ET Q q 0 0 0 rg BT 148.87 452.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 185.81 452.10 Td (details ) Tj ET Q q 0 0 0 rg BT 214.41 452.10 Td (of ) Tj ET Q q 0 0 0 rg BT 225.24 452.10 Td (our ) Tj ET Q q 0 0 0 rg BT 241.07 452.10 Td (related-party ) Tj ET Q q 0 0 0 rg BT 294.65 452.10 Td (balances:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 398.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 398.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 398.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 368.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 368.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 368.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 338.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 338.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 338.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 308.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 308.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 308.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 278.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 278.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 278.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 248.60 383.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 248.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 248.60 63.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 427.6 m 496 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 413.6 m 496 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 427.6 m 500 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 427.6 m 563 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 413.6 m 563 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 369.6 m 496 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 367.6 m 496 367.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 369.6 m 563 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 367.6 m 563 367.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 248.60000000000002 m 496 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 248.60000000000002 m 563 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 248.60000000000002 m 496 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 234.60000000000002 m 496 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 232.60000000000002 m 496 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 248.60000000000002 m 563 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 234.60000000000002 m 563 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 232.60000000000002 m 563 232.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.30 432.05 Td (December) Tj ET Q q 0 0 0 rg BT 510.11 432.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 418.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 418.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.35 403.05 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 388.27 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 373.27 Td (Related-party receivables \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 373.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 373.27 Td (18.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 373.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 373.27 Td (20.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 343.27 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 328.27 Td (Accounts payable \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 328.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 328.27 Td (102.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 328.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 328.27 Td (106.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 313.27 Td (Accrued and other current liabilities \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 313.27 Td (2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 313.27 Td (1) Tj ET Q q 0 0 0 rg BT 546.65 313.27 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 298.27 Td (Debt \(c\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 283.27 Td (Liberty Global Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 283.27 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 283.27 Td (900.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 268.27 Td (V) Tj ET Q q 0 0 0 rg BT 71.93 268.27 Td (odafone Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 268.27 Td (800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 268.27 Td (900.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 253.27 Td (Capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 253.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 253.27 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 238.27 Td (T) Tj ET Q q 0 0 0 rg BT 81.91 238.27 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 238.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 238.27 Td (1,705.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 238.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 238.27 Td (1,918.7) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.10 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 198.10 Td (Represents ) Tj ET Q q 0 0 0 rg BT 122.88 198.10 Td (non-interest ) Tj ET Q q 0 0 0 rg BT 173.14 198.10 Td (bearing ) Tj ET Q q 0 0 0 rg BT 205.63 198.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 253.10 198.10 Td (from ) Tj ET Q q 0 0 0 rg BT 275.04 198.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.74 198.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 336.67 198.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.89 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 366.39 198.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 198.10 Td (V) Tj ET Q q 0 0 0 rg BT 389.08 198.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.29 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 423.79 198.10 Td (subsidiaries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 174.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 174.10 Td (Represents ) Tj ET Q q 0 0 0 rg BT 122.84 174.10 Td (non-interest ) Tj ET Q q 0 0 0 rg BT 173.07 174.10 Td (bearing ) Tj ET Q q 0 0 0 rg BT 205.52 174.10 Td (payables, ) Tj ET Q q 0 0 0 rg BT 245.47 174.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 279.02 174.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 308.13 174.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 361.69 174.10 Td (and ) Tj ET Q q 0 0 0 rg BT 378.60 174.10 Td (other ) Tj ET Q q 0 0 0 rg BT 401.61 174.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 435.16 174.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 474.84 174.10 Td (related ) Tj ET Q q 0 0 0 rg BT 504.51 174.10 Td (to ) Tj ET Q q 0 0 0 rg BT 514.75 174.10 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 162.10 Td (with ) Tj ET Q q 0 0 0 rg BT 96.78 162.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.48 162.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 158.41 162.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.63 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 188.13 162.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.89 162.10 Td (V) Tj ET Q q 0 0 0 rg BT 210.82 162.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.03 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 245.53 162.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 295.25 162.10 Td (that ) Tj ET Q q 0 0 0 rg BT 312.74 162.10 Td (are ) Tj ET Q q 0 0 0 rg BT 327.45 162.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 347.72 162.10 Td (settled. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 138.10 Td (Represents ) Tj ET Q q 0 0 0 rg BT 122.88 138.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 142.59 138.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 192.04 138.10 Td (as ) Tj ET Q q 0 0 0 rg BT 202.87 138.10 Td (further ) Tj ET Q q 0 0 0 rg BT 232.57 138.10 Td (described ) Tj ET Q q 0 0 0 rg BT 273.39 138.10 Td (below) Tj ET Q q 0 0 0 rg BT 297.18 138.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 114.10 Td (Related-party Debt) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 90.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 98.89 90.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 129.17 90.10 Td (Note) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 148.05 90.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 66.10 Td (The ) Tj ET Q q 0 0 0 rg BT 85.34 66.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 117.06 66.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 146.56 66.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 168.29 66.10 Td (is ) Tj ET Q q 0 0 0 rg BT 177.25 66.10 Td (a ) Tj ET Q q 0 0 0 rg BT 183.98 66.10 Td (note ) Tj ET Q q 0 0 0 rg BT 203.48 66.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 236.87 66.10 Td (to ) Tj ET Q q 0 0 0 rg BT 246.93 66.10 Td (a ) Tj ET Q q 0 0 0 rg BT 253.66 66.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 297.06 66.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.68 66.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 339.40 66.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.62 66.10 Td ( ) Tj ET Q q 0 0 0 rg BT 368.91 66.10 Td (that ) Tj ET Q q 0 0 0 rg BT 386.19 66.10 Td (matures ) Tj ET Q q 0 0 0 rg BT 420.14 66.10 Td (on ) Tj ET Q q 0 0 0 rg BT 432.42 66.10 Td (January ) Tj ET Q q 0 0 0 rg BT 465.81 66.10 Td (16, ) Tj ET Q q 0 0 0 rg BT 480.60 66.10 Td (2028 ) Tj ET Q q 0 0 0 rg BT 502.89 66.10 Td (and ) Tj ET Q q 0 0 0 rg BT 519.62 66.10 Td (has ) Tj ET Q q 0 0 0 rg BT 535.24 66.10 Td (a ) Tj ET Q q 0 0 0 rg BT 541.96 66.10 Td (fixed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 54.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.77 54.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 99.59 54.10 Td (of ) Tj ET Q q 0 0 0 rg BT 110.75 54.10 Td (5.55%. ) Tj ET Q q 0 0 0 rg BT 141.91 54.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 174.73 54.10 Td (is ) Tj ET Q q 0 0 0 rg BT 184.24 54.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 218.16 54.10 Td (in ) Tj ET Q q 0 0 0 rg BT 228.77 54.10 Td (a ) Tj ET Q q 0 0 0 rg BT 236.05 54.10 Td (manner ) Tj ET Q q 0 0 0 rg BT 268.87 54.10 Td (mutually ) Tj ET Q q 0 0 0 rg BT 307.25 54.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 336.73 54.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 359.56 54.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.19 54.10 Td (V) Tj ET Q q 0 0 0 rg BT 378.12 54.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.22 54.10 Td ( ) Tj ET Q q 0 0 0 rg BT 437.05 54.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.32 54.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 486.59 54.10 Td (Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.81 54.10 Td (. ) Tj ET Q q 0 0 0 rg BT 519.14 54.10 Td (During ) Tj ET Q q 0 0 0 rg BT 550.30 54.10 Td (the ) Tj ET Q endstream endobj 171 0 obj <> endobj 172 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.10 Td (years ) Tj ET Q q 0 0 0 rg BT 74.07 704.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 101.41 704.10 Td (December ) Tj ET Q q 0 0 0 rg BT 145.97 704.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 161.94 704.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 185.41 704.10 Td (and ) Tj ET Q q 0 0 0 rg BT 203.31 704.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 229.28 704.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 262.19 704.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 296.74 704.10 Td (on ) Tj ET Q q 0 0 0 rg BT 310.21 704.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.89 704.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 358.80 704.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 389.48 704.10 Td (Note) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 408.92 704.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.39 704.10 Td (was ) Tj ET Q q 0 0 0 rg BT 431.41 704.10 Td (50.5 ) Tj ET Q q 0 0 0 rg BT 457.38 704.10 Td (million ) Tj ET Q q 0 0 0 rg BT 489.74 704.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.65 704.10 Td (56.3 ) Tj ET Q q 0 0 0 rg BT 533.62 704.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 692.10 Td (, ) Tj ET Q q 0 0 0 rg BT 102.75 692.10 Td (all ) Tj ET Q q 0 0 0 rg BT 115.84 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 127.26 692.10 Td (which ) Tj ET Q q 0 0 0 rg BT 154.78 692.10 Td (was ) Tj ET Q q 0 0 0 rg BT 173.43 692.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 194.28 692.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 225.75 692.10 Td (The ) Tj ET Q q 0 0 0 rg BT 244.39 692.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 281.89 692.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.76 692.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.07 692.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 346.70 692.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 380.32 692.10 Td (during ) Tj ET Q q 0 0 0 rg BT 409.52 692.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 432.61 692.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.14 692.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 473.23 692.10 Td (is ) Tj ET Q q 0 0 0 rg BT 482.99 692.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.30 692.10 Td (result ) Tj ET Q q 0 0 0 rg BT 523.60 692.10 Td (of ) Tj ET Q q 0 0 0 rg BT 535.02 692.10 Td (100.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (million ) Tj ET Q q 0 0 0 rg BT 80.89 680.10 Td (of ) Tj ET Q q 0 0 0 rg BT 91.72 680.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 111.99 680.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 152.82 680.10 Td (for ) Tj ET Q q 0 0 0 rg BT 166.98 680.10 Td (each ) Tj ET Q q 0 0 0 rg BT 187.79 680.10 Td (period. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 656.10 Td (V) Tj ET Q q 0 0 0 rg BT 72.50 656.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 107.22 656.10 Td (Note) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 126.10 656.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 632.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 632.10 Td (V) Tj ET Q q 0 0 0 rg BT 91.54 632.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 126.50 632.10 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.94 632.10 Td ( ) Tj ET Q q 0 0 0 rg BT 148.69 632.10 Td (is ) Tj ET Q q 0 0 0 rg BT 158.12 632.10 Td (a ) Tj ET Q q 0 0 0 rg BT 165.32 632.10 Td (note ) Tj ET Q q 0 0 0 rg BT 185.29 632.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 219.14 632.10 Td (to ) Tj ET Q q 0 0 0 rg BT 229.67 632.10 Td (a ) Tj ET Q q 0 0 0 rg BT 236.87 632.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 280.73 632.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.62 632.10 Td (V) Tj ET Q q 0 0 0 rg BT 297.55 632.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.76 632.10 Td ( ) Tj ET Q q 0 0 0 rg BT 332.52 632.10 Td (that ) Tj ET Q q 0 0 0 rg BT 350.27 632.10 Td (matures ) Tj ET Q q 0 0 0 rg BT 384.68 632.10 Td (on ) Tj ET Q q 0 0 0 rg BT 397.44 632.10 Td (January ) Tj ET Q q 0 0 0 rg BT 431.29 632.10 Td (16, ) Tj ET Q q 0 0 0 rg BT 446.55 632.10 Td (2028 ) Tj ET Q q 0 0 0 rg BT 469.30 632.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.50 632.10 Td (has ) Tj ET Q q 0 0 0 rg BT 502.58 632.10 Td (a ) Tj ET Q q 0 0 0 rg BT 509.78 632.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 533.08 632.10 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 67.49 620.10 Td (of ) Tj ET Q q 0 0 0 rg BT 78.82 620.10 Td (5.55%. ) Tj ET Q q 0 0 0 rg BT 110.15 620.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 143.13 620.10 Td (is ) Tj ET Q q 0 0 0 rg BT 152.80 620.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 186.90 620.10 Td (in ) Tj ET Q q 0 0 0 rg BT 197.68 620.10 Td (a ) Tj ET Q q 0 0 0 rg BT 205.12 620.10 Td (manner ) Tj ET Q q 0 0 0 rg BT 238.10 620.10 Td (mutually ) Tj ET Q q 0 0 0 rg BT 276.65 620.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 306.30 620.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 329.30 620.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.08 620.10 Td (V) Tj ET Q q 0 0 0 rg BT 348.02 620.10 Td (odafoneZiggo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.11 620.10 Td ( ) Tj ET Q q 0 0 0 rg BT 407.11 620.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.33 620.10 Td (V) Tj ET Q q 0 0 0 rg BT 430.27 620.10 Td (odafone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.47 620.10 Td (. ) Tj ET Q q 0 0 0 rg BT 467.97 620.10 Td (During ) Tj ET Q q 0 0 0 rg BT 499.30 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.52 620.10 Td (years ) Tj ET Q q 0 0 0 rg BT 538.62 620.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 608.10 Td (December ) Tj ET Q q 0 0 0 rg BT 92.41 608.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 106.74 608.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 128.57 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 144.84 608.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 169.17 608.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 200.44 608.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 233.35 608.10 Td (on ) Tj ET Q q 0 0 0 rg BT 245.18 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.10 608.10 Td (V) Tj ET Q q 0 0 0 rg BT 265.03 608.10 Td (odafone ) Tj ET Q q 0 0 0 rg BT 299.06 608.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 320.33 608.10 Td (was ) Tj ET Q q 0 0 0 rg BT 337.72 608.10 Td (50.5 ) Tj ET Q q 0 0 0 rg BT 362.05 608.10 Td (million ) Tj ET Q q 0 0 0 rg BT 392.77 608.10 Td (and ) Tj ET Q q 0 0 0 rg BT 409.04 608.10 Td (56.3 ) Tj ET Q q 0 0 0 rg BT 433.37 608.10 Td (million ) Tj ET Q q 0 0 0 rg BT 464.09 608.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 511.75 608.10 Td (, ) Tj ET Q q 0 0 0 rg BT 516.08 608.10 Td (all ) Tj ET Q q 0 0 0 rg BT 527.90 608.10 Td (of ) Tj ET Q q 0 0 0 rg BT 538.06 608.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 596.10 Td (was ) Tj ET Q q 0 0 0 rg BT 67.45 596.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 87.62 596.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 118.45 596.10 Td (The ) Tj ET Q q 0 0 0 rg BT 136.39 596.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 173.21 596.10 Td (in ) Tj ET Q q 0 0 0 rg BT 183.38 596.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.00 596.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 235.94 596.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 268.87 596.10 Td (during ) Tj ET Q q 0 0 0 rg BT 297.38 596.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 319.78 596.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.61 596.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 359.01 596.10 Td (is ) Tj ET Q q 0 0 0 rg BT 368.08 596.10 Td (the ) Tj ET Q q 0 0 0 rg BT 382.70 596.10 Td (result ) Tj ET Q q 0 0 0 rg BT 407.31 596.10 Td (of ) Tj ET Q q 0 0 0 rg BT 418.04 596.10 Td (100.0 ) Tj ET Q q 0 0 0 rg BT 447.94 596.10 Td (million ) Tj ET Q q 0 0 0 rg BT 479.23 596.10 Td (of ) Tj ET Q q 0 0 0 rg BT 489.96 596.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 510.13 596.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 550.85 596.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 584.10 Td (each ) Tj ET Q q 0 0 0 rg BT 70.32 584.10 Td (period. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 560.10 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 536.10 Td (In ) Tj ET Q q 0 0 0 rg BT 79.81 536.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 128.74 536.10 Td (with ) Tj ET Q q 0 0 0 rg BT 150.50 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.69 536.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 205.66 536.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 234.63 536.10 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 280.25 536.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.01 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.20 536.10 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 363.51 536.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 414.12 536.10 Td (V) Tj ET Q q 0 0 0 rg BT 420.05 536.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 480.12 536.10 Td (made ) Tj ET Q q 0 0 0 rg BT 505.75 536.10 Td (total ) Tj ET Q q 0 0 0 rg BT 527.50 536.10 Td (dividend ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 102.57 524.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.97 524.10 Td (400.0 ) Tj ET Q q 0 0 0 rg BT 144.54 524.10 Td (million ) Tj ET Q q 0 0 0 rg BT 176.50 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 194.01 524.10 Td (592.0 ) Tj ET Q q 0 0 0 rg BT 224.58 524.10 Td (million ) Tj ET Q q 0 0 0 rg BT 256.54 524.10 Td (during ) Tj ET Q q 0 0 0 rg BT 285.72 524.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 308.78 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.29 524.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 351.86 524.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 399.52 524.10 Td (, ) Tj ET Q q 0 0 0 rg BT 405.09 524.10 Td (to ) Tj ET Q q 0 0 0 rg BT 415.72 524.10 Td (V) Tj ET Q q 0 0 0 rg BT 421.65 524.10 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 480.81 524.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 509.43 524.10 Td (Holding ) Tj ET Q q 0 0 0 rg BT 545.28 524.10 Td (who ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 91.86 512.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 136.45 512.10 Td (50% ) Tj ET Q q 0 0 0 rg BT 156.59 512.10 Td (of ) Tj ET Q q 0 0 0 rg BT 166.74 512.10 Td (these ) Tj ET Q q 0 0 0 rg BT 189.10 512.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 224.80 512.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.39 512.10 Td (each ) Tj ET Q q 0 0 0 rg BT 254.52 512.10 Td (of ) Tj ET Q q 0 0 0 rg BT 264.66 512.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 295.91 512.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 324.94 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 341.06 512.10 Td (V) Tj ET Q q 0 0 0 rg BT 347.00 512.10 Td (odafone. ) Tj ET Q q 0 0 0 rg BT 383.39 512.10 Td (These ) Tj ET Q q 0 0 0 rg BT 409.08 512.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 460.90 512.10 Td (are ) Tj ET Q q 0 0 0 rg BT 474.92 512.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 511.70 512.10 Td (as ) Tj ET Q q 0 0 0 rg BT 521.85 512.10 Td (a ) Tj ET Q q 0 0 0 rg BT 528.10 512.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 500.10 Td (owner) Tj ET Q q 0 0 0 rg BT 85.14 500.10 Td () Tj ET Q q 0 0 0 rg BT 87.92 500.10 Td (s ) Tj ET Q q 0 0 0 rg BT 94.31 500.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 121.80 500.10 Td (in ) Tj ET Q q 0 0 0 rg BT 132.08 500.10 Td (our ) Tj ET Q q 0 0 0 rg BT 147.91 500.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 200.96 500.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 245.67 500.10 Td (of ) Tj ET Q q 0 0 0 rg BT 256.50 500.10 Td (owner) Tj ET Q q 0 0 0 rg BT 281.86 500.10 Td () Tj ET Q q 0 0 0 rg BT 284.64 500.10 Td (s ) Tj ET Q q 0 0 0 rg BT 291.03 500.10 Td (equity) Tj ET Q q 0 0 0 rg BT 315.37 500.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 476.10 Td (During ) Tj ET Q q 0 0 0 rg BT 99.21 476.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 125.09 476.10 Td (we ) Tj ET Q q 0 0 0 rg BT 140.13 476.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 178.48 476.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 220.72 476.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 250.75 476.10 Td (char) Tj ET Q q 0 0 0 rg BT 267.78 476.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 284.49 476.10 Td (of ) Tj ET Q q 0 0 0 rg BT 296.20 476.10 Td (3.9 ) Tj ET Q q 0 0 0 rg BT 317.08 476.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 351.85 476.10 Td (in ) Tj ET Q q 0 0 0 rg BT 363.00 476.10 Td (our ) Tj ET Q q 0 0 0 rg BT 379.71 476.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 433.63 476.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 479.22 476.10 Td (of ) Tj ET Q q 0 0 0 rg BT 490.93 476.10 Td (owner) Tj ET Q q 0 0 0 rg BT 516.29 476.10 Td () Tj ET Q q 0 0 0 rg BT 519.07 476.10 Td (s ) Tj ET Q q 0 0 0 rg BT 526.34 476.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 554.72 476.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 95.65 464.10 Td (with ) Tj ET Q q 0 0 0 rg BT 115.70 464.10 Td (the ) Tj ET Q q 0 0 0 rg BT 130.19 464.10 Td (exercise ) Tj ET Q q 0 0 0 rg BT 165.22 464.10 Td (of ) Tj ET Q q 0 0 0 rg BT 175.83 464.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 207.54 464.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 237.03 464.10 Td (share ) Tj ET Q q 0 0 0 rg BT 260.40 464.10 Td (appreciation ) Tj ET Q q 0 0 0 rg BT 312.10 464.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 337.15 464.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.87 464.10 Td (the ) Tj ET Q q 0 0 0 rg BT 368.36 464.10 Td (vesting ) Tj ET Q q 0 0 0 rg BT 399.52 464.10 Td (of ) Tj ET Q q 0 0 0 rg BT 410.13 464.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 441.83 464.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 471.33 464.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 510.80 464.10 Td (share ) Tj ET Q q 0 0 0 rg BT 534.18 464.10 Td (awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.10 Td (held ) Tj ET Q q 0 0 0 rg BT 68.88 452.10 Td (by ) Tj ET Q q 0 0 0 rg BT 81.04 452.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 110.41 452.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 155.33 452.10 Td (of ) Tj ET Q q 0 0 0 rg BT 165.83 452.10 Td (our ) Tj ET Q q 0 0 0 rg BT 181.32 452.10 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 233.04 452.10 Td (These ) Tj ET Q q 0 0 0 rg BT 259.08 452.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 287.90 452.10 Td (char) Tj ET Q q 0 0 0 rg BT 304.92 452.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 320.42 452.10 Td (were ) Tj ET Q q 0 0 0 rg BT 342.01 452.10 Td (based ) Tj ET Q q 0 0 0 rg BT 366.94 452.10 Td (on ) Tj ET Q q 0 0 0 rg BT 379.10 452.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.48 452.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 409.52 452.10 Td (value ) Tj ET Q q 0 0 0 rg BT 433.34 452.10 Td (of ) Tj ET Q q 0 0 0 rg BT 443.84 452.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.22 452.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 503.70 452.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 535.30 452.10 Td (Global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 76.78 440.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 120.17 440.10 Td (with ) Tj ET Q q 0 0 0 rg BT 140.24 440.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 189.73 440.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 228.67 440.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 259.28 440.10 Td (that ) Tj ET Q q 0 0 0 rg BT 276.57 440.10 Td (vested ) Tj ET Q q 0 0 0 rg BT 304.40 440.10 Td (or ) Tj ET Q q 0 0 0 rg BT 315.03 440.10 Td (were ) Tj ET Q q 0 0 0 rg BT 336.75 440.10 Td (exercised ) Tj ET Q q 0 0 0 rg BT 376.79 440.10 Td (during ) Tj ET Q q 0 0 0 rg BT 405.19 440.10 Td (the ) Tj ET Q q 0 0 0 rg BT 419.70 440.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 450.04 440.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 480.65 440.10 Td (to ) Tj ET Q q 0 0 0 rg BT 490.72 440.10 Td (any ) Tj ET Q q 0 0 0 rg BT 507.45 440.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 547.51 440.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 428.10 Td (was ) Tj ET Q q 0 0 0 rg BT 67.54 428.10 Td (necessary ) Tj ET Q q 0 0 0 rg BT 108.89 428.10 Td (to ) Tj ET Q q 0 0 0 rg BT 119.16 428.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 147.75 428.10 Td (that ) Tj ET Q q 0 0 0 rg BT 165.23 428.10 Td (the ) Tj ET Q q 0 0 0 rg BT 179.93 428.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 209.07 428.10 Td (char) Tj ET Q q 0 0 0 rg BT 226.10 428.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 238.03 428.10 Td (did ) Tj ET Q q 0 0 0 rg BT 253.29 428.10 Td (not ) Tj ET Q q 0 0 0 rg BT 268.56 428.10 Td (exceed ) Tj ET Q q 0 0 0 rg BT 298.80 428.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.50 428.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 345.99 428.10 Td (of ) Tj ET Q q 0 0 0 rg BT 356.80 428.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 406.49 428.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 464.52 428.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 499.21 428.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 536.68 428.10 Td (by ) Tj ET Q q 0 0 0 rg BT 549.17 428.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 416.10 Td (company ) Tj ET Q q 0 0 0 rg BT 88.66 416.10 Td (with ) Tj ET Q q 0 0 0 rg BT 108.93 416.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 139.75 416.10 Td (to ) Tj ET Q q 0 0 0 rg BT 150.03 416.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 181.96 416.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 211.68 416.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 261.38 416.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 300.53 416.10 Td (awards. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 392.10 Td (During ) Tj ET Q q 0 0 0 rg BT 97.15 392.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 120.96 392.10 Td (we ) Tj ET Q q 0 0 0 rg BT 133.94 392.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 178.02 392.10 Td (to ) Tj ET Q q 0 0 0 rg BT 187.12 392.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 217.87 392.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 246.40 392.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 276.59 392.10 Td (42.5 ) Tj ET Q q 0 0 0 rg BT 300.40 392.10 Td (million ) Tj ET Q q 0 0 0 rg BT 330.61 392.10 Td (representing ) Tj ET Q q 0 0 0 rg BT 381.35 392.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 415.97 392.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 429.50 392.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 454.15 392.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 490.46 392.10 Td (from ) Tj ET Q q 0 0 0 rg BT 511.21 392.10 Td (net ) Tj ET Q q 0 0 0 rg BT 524.74 392.10 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 75.89 380.10 Td (of ) Tj ET Q q 0 0 0 rg BT 86.72 380.10 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 113.11 380.10 Td (Services. ) Tj ET Q q 0 0 0 rg BT 151.80 380.10 Td (This ) Tj ET Q q 0 0 0 rg BT 172.08 380.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 220.70 380.10 Td (is ) Tj ET Q q 0 0 0 rg BT 229.87 380.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 267.34 380.10 Td (as ) Tj ET Q q 0 0 0 rg BT 278.17 380.10 Td (a ) Tj ET Q q 0 0 0 rg BT 285.11 380.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 322.02 380.10 Td (in ) Tj ET Q q 0 0 0 rg BT 332.30 380.10 Td (our ) Tj ET Q q 0 0 0 rg BT 348.13 380.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 401.17 380.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 441.99 380.10 Td (of ) Tj ET Q q 0 0 0 rg BT 452.82 380.10 Td (owner) Tj ET Q q 0 0 0 rg BT 478.18 380.10 Td () Tj ET Q q 0 0 0 rg BT 480.96 380.10 Td (s ) Tj ET Q q 0 0 0 rg BT 487.35 380.10 Td (equity) Tj ET Q q 0 0 0 rg BT 511.70 380.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 356.10 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 356.10 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.83 356.10 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 354.53505859375 m 181.7734375 354.53505859375 l s q 0 0 0 rg BT 76.50 356.10 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 138.99 356.10 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 334.10 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 334.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.67 334.10 Td (summary ) Tj ET Q q 0 0 0 rg BT 116.39 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 127.22 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.93 334.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 176.64 334.10 Td (to ) Tj ET Q q 0 0 0 rg BT 186.92 334.10 Td (our ) Tj ET Q q 0 0 0 rg BT 202.75 334.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 256.34 334.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 289.95 334.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.56 334.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.56 334.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.06 334.10 Td (is ) Tj ET Q q 0 0 0 rg BT 350.23 334.10 Td (set ) Tj ET Q q 0 0 0 rg BT 363.84 334.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 385.78 334.10 Td (in ) Tj ET Q q 0 0 0 rg BT 396.05 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.77 334.10 Td (table ) Tj ET Q q 0 0 0 rg BT 432.71 334.10 Td (below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 271.60 321.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 271.60 61.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 271.60 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 271.60 61.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 271.60 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 271.60 61.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 244.60 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 244.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 244.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 244.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 244.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 244.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 214.60 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 214.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 214.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 214.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 214.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 214.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 184.60 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 184.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 184.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 184.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 154.60 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 154.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 154.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 154.60 61.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 286.6 m 432 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 286.6 m 436 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 286.6 m 497 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 286.6 m 501 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 286.6 m 562 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 199.60000000000002 m 432 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 185.60000000000002 m 432 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 183.60000000000002 m 432 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 199.60000000000002 m 497 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 185.60000000000002 m 497 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 183.60000000000002 m 497 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 199.60000000000002 m 562 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 185.60000000000002 m 562 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 183.60000000000002 m 562 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 139.60000000000002 m 432 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 125.60000000000002 m 432 125.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 123.60000000000002 m 432 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 139.60000000000002 m 497 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 125.60000000000002 m 497 125.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 123.60000000000002 m 497 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 139.60000000000002 m 562 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 125.60000000000002 m 562 125.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 123.60000000000002 m 562 123.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.00 309.05 Td (Employee) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 373.85 300.05 Td (severance and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.25 291.05 Td (termination) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.25 300.05 Td (Office) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.55 291.05 Td (closur) Tj ET Q q 0 0 0 rg BT 473.97 291.05 Td (es) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.15 291.05 Td (T) Tj ET Q q 0 0 0 rg BT 526.74 291.05 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.85 276.05 Td (in millions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 262.33 Td (Successor:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 249.27 Td (Restructuring liability as of January 1, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.50 249.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 249.27 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 249.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 249.27 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 249.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 249.27 Td (16.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 234.27 Td ( Restructuring char) Tj ET Q q 0 0 0 rg BT 131.55 234.27 Td (ges \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 234.27 Td (36.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 234.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 234.27 Td (36.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 219.27 Td ( Cash paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.30 219.32 Td (\(37.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 219.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 219.32 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 219.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 219.32 Td (\(37.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 219.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 204.27 Td ( Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 204.32 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 204.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 204.32 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 204.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 204.32 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 204.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 189.27 Td (Restructuring liability as of December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.50 189.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 189.27 Td (13.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 189.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 189.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 189.27 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Tj ET Q endstream endobj 175 0 obj <> endobj 176 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 699.60 Td (A) Tj ET Q q 0 0 0 rg BT 74.17 699.60 Td ( ) Tj ET Q q 0 0 0 rg BT 76.67 699.60 Td (summary ) Tj ET Q q 0 0 0 rg BT 116.39 699.60 Td (of ) Tj ET Q q 0 0 0 rg BT 127.22 699.60 Td (the ) Tj ET Q q 0 0 0 rg BT 141.93 699.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 176.64 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 186.92 699.60 Td (our ) Tj ET Q q 0 0 0 rg BT 202.75 699.60 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 256.34 699.60 Td (liability ) Tj ET Q q 0 0 0 rg BT 289.95 699.60 Td (during ) Tj ET Q q 0 0 0 rg BT 318.56 699.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 341.06 699.60 Td (is ) Tj ET Q q 0 0 0 rg BT 350.23 699.60 Td (set ) Tj 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526.10 4.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 526.10 60.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 526.10 4.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 526.10 51.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 503.10 260.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 503.10 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.00 503.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 503.10 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 503.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 503.10 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 503.10 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 503.10 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 463.10 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 463.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.00 463.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 463.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 463.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 463.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 463.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 463.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 433.10 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 433.10 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.00 433.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 433.10 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.00 433.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 433.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 433.10 4.00 -15.00 re f /GS0 gs 0.8 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529.1 m 505 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 555.1 m 560 555.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 531.1 m 560 531.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 529.1 m 560 529.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 526.1 m 310 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 310 526.1 m 372 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 372 526.1 m 376 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 376 526.1 m 441 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 441 526.1 m 445 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 445 526.1 m 505 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 505 526.1 m 509 526.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 509 526.1 m 560 526.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 479.1 m 372 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 477.1 m 372 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 479.1 m 441 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 477.1 m 441 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 479.1 m 505 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 477.1 m 505 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 479.1 m 560 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 477.1 m 560 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 433.1 m 372 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 419.1 m 372 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 417.1 m 372 417.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 433.1 m 441 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 419.1 m 441 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 417.1 m 441 417.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 433.1 m 505 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 419.1 m 505 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 417.1 m 505 417.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 433.1 m 560 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 419.1 m 560 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 417.1 m 560 417.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 679.55 Td (Employee) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.35 670.55 Td (severance and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 661.55 Td (termination) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.70 661.55 Td (Office closur) Tj ET Q q 0 0 0 rg BT 428.85 661.55 Td (es) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.25 679.55 Td (Contract) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 670.55 Td (termination) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.95 661.55 Td (and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.15 661.55 Td (T) Tj ET Q q 0 0 0 rg BT 529.74 661.55 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.35 646.55 Td (in millions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 619.78 Td (Pr) Tj ET Q q 0 0 0 rg BT 62.96 619.78 Td (edecessor:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 604.77 Td (Restructuring liability as of January 1, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 604.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 604.77 Td (46.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 604.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 604.82 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 604.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 604.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 604.77 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 604.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 604.77 Td (45.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 589.77 Td ( Restructuring char) Tj ET Q q 0 0 0 rg BT 131.55 589.77 Td (ges \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 589.77 Td (9.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 589.77 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 589.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 589.77 Td (10.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 574.77 Td ( Cash paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 574.82 Td (\(31.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 574.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 574.82 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 574.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 574.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 574.82 Td (\(31.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.15 574.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 559.77 Td ( Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 559.77 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 559.77 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 559.82 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.15 559.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 559.77 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 544.77 Td (Restructuring liability as of December 31, 2016 prior to the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 534.77 Td (closing of the JV) Tj ET Q q 0 0 0 rg BT 129.46 534.77 Td ( ) Tj ET Q q 0 0 0 rg BT 131.78 534.77 Td (T) Tj ET Q q 0 0 0 rg BT 137.62 534.77 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 534.77 Td (25.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 534.77 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 534.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 534.77 Td (26.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 507.78 Td (Successor:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 492.77 Td (Restructuring liability as of December 31, 2016 after the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 482.77 Td (closing of the JV) Tj ET Q q 0 0 0 rg BT 129.37 482.77 Td ( ) Tj ET Q q 0 0 0 rg BT 131.69 482.77 Td (T) Tj ET Q q 0 0 0 rg BT 137.44 482.77 Td (ransaction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 482.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 482.77 Td (30.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 482.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 482.77 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 482.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 482.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 482.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 482.77 Td (31.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 452.77 Td (Current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 452.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 452.77 Td (26.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 452.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 452.77 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 452.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 452.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 452.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 452.77 Td (26.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 437.77 Td (Noncurrent portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 437.77 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 437.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 437.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 437.77 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 422.77 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 422.77 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 422.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 422.77 Td (30.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 422.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 422.77 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.50 422.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 422.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 422.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 422.77 Td (31.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 406.60 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.60 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 382.60 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 133.00 382.60 Td (char) Tj ET Q q 0 0 0 rg BT 150.03 382.60 Td (ges ) Tj ET Q q 0 0 0 rg BT 165.43 382.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 204.71 382.60 Td (relate ) Tj ET Q q 0 0 0 rg BT 228.98 382.60 Td (to ) Tj ET Q q 0 0 0 rg BT 238.82 382.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 268.09 382.60 Td (reor) Tj ET Q q 0 0 0 rg BT 284.01 382.60 Td (ganization ) Tj ET Q q 0 0 0 rg BT 327.73 382.60 Td (and ) Tj ET Q q 0 0 0 rg BT 344.23 382.60 Td (integration ) Tj ET Q q 0 0 0 rg BT 389.62 382.60 Td (activities, ) Tj ET Q q 0 0 0 rg BT 430.29 382.60 Td (due ) Tj ET Q q 0 0 0 rg BT 446.80 382.60 Td (in ) Tj ET Q q 0 0 0 rg BT 456.64 382.60 Td (part ) Tj ET Q q 0 0 0 rg BT 474.26 382.60 Td (to ) Tj ET Q q 0 0 0 rg BT 484.10 382.60 Td (the ) Tj ET Q q 0 0 0 rg BT 498.39 382.60 Td (formation ) Tj ET Q q 0 0 0 rg BT 539.89 382.60 Td (of ) Tj ET Q q 0 0 0 rg BT 550.29 382.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 370.60 Td (V) Tj ET Q q 0 0 0 rg BT 82.43 370.60 Td (odafoneZiggo ) Tj ET Q q 0 0 0 rg BT 141.03 370.60 Td (JV) Tj ET Q q 0 0 0 rg BT 150.85 370.60 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 346.60 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 346.60 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.83 346.60 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 345.03505859375 m 218.1650390625 345.03505859375 l s q 0 0 0 rg BT 76.50 346.60 Td (Commitments ) Tj ET Q q 0 0 0 rg BT 139.54 346.60 Td (and ) Tj ET Q q 0 0 0 rg BT 158.17 346.60 Td (Contingencies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 324.60 Td (Commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 300.60 Td (As ) Tj ET Q q 0 0 0 rg BT 81.84 300.60 Td (further ) Tj ET Q q 0 0 0 rg BT 112.27 300.60 Td (described ) Tj ET Q q 0 0 0 rg BT 153.81 300.60 Td (in ) Tj ET Q q 0 0 0 rg BT 164.81 300.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.25 300.60 Td (1) Tj ET Q q 0 0 0 rg BT 189.88 300.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.88 300.60 Td (, ) Tj ET Q q 0 0 0 rg BT 200.60 300.60 Td (we ) Tj ET Q q 0 0 0 rg BT 215.49 300.60 Td (have ) Tj ET Q q 0 0 0 rg BT 237.59 300.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 295.25 300.60 Td (related ) Tj ET Q q 0 0 0 rg BT 325.68 300.60 Td (to ) Tj ET Q q 0 0 0 rg BT 336.68 300.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.12 300.60 Td (JV) Tj ET Q q 0 0 0 rg BT 363.05 300.60 Td ( ) Tj ET Q q 0 0 0 rg BT 366.28 300.60 Td (Service ) Tj ET Q q 0 0 0 rg BT 398.78 300.60 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.09 300.60 Td (. ) Tj ET Q q 0 0 0 rg BT 452.10 300.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 502.01 300.60 Td (, ) Tj ET Q q 0 0 0 rg BT 507.73 300.60 Td (in ) Tj ET Q q 0 0 0 rg BT 518.73 300.60 Td (the ) Tj ET Q q 0 0 0 rg BT 534.17 300.60 Td (normal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.60 Td (course ) Tj ET Q q 0 0 0 rg BT 78.82 288.60 Td (of ) Tj ET Q q 0 0 0 rg BT 90.37 288.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 129.99 288.60 Td (we ) Tj ET Q q 0 0 0 rg BT 144.87 288.60 Td (have ) Tj ET Q q 0 0 0 rg BT 166.97 288.60 Td (entered ) Tj ET Q q 0 0 0 rg BT 199.61 288.60 Td (into ) Tj ET Q q 0 0 0 rg BT 218.39 288.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 267.14 288.60 Td (that ) Tj ET Q q 0 0 0 rg BT 285.36 288.60 Td (commit ) Tj ET Q q 0 0 0 rg BT 319.13 288.60 Td (our ) Tj ET Q q 0 0 0 rg BT 335.69 288.60 Td (company ) Tj ET Q q 0 0 0 rg BT 375.56 288.60 Td (to ) Tj ET Q q 0 0 0 rg BT 386.56 288.60 Td (make ) Tj ET Q q 0 0 0 rg BT 411.44 288.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 432.43 288.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 473.98 288.60 Td (in ) Tj ET Q q 0 0 0 rg BT 484.98 288.60 Td (future ) Tj ET Q q 0 0 0 rg BT 512.08 288.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 544.74 288.60 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 80.01 276.60 Td (to ) Tj ET Q q 0 0 0 rg BT 89.97 276.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 146.60 276.60 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 187.38 276.60 Td (purchases ) Tj ET Q q 0 0 0 rg BT 229.00 276.60 Td (of ) Tj ET Q q 0 0 0 rg BT 239.52 276.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 278.36 276.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 316.10 276.60 Td (and ) Tj ET Q q 0 0 0 rg BT 332.73 276.60 Td (other ) Tj ET Q q 0 0 0 rg BT 355.47 276.60 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 402.37 276.60 Td (network ) Tj ET Q q 0 0 0 rg BT 437.33 276.60 Td (and ) Tj ET Q q 0 0 0 rg BT 453.96 276.60 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 505.57 276.60 Td (commitments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.60 Td (non-cancellable ) Tj ET Q q 0 0 0 rg BT 115.58 264.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 156.12 264.60 Td (leases, ) Tj ET Q q 0 0 0 rg BT 185.28 264.60 Td (and ) Tj ET Q q 0 0 0 rg BT 202.49 264.60 Td (other ) Tj ET Q q 0 0 0 rg BT 225.82 264.60 Td (commitment. ) Tj ET Q q 0 0 0 rg BT 281.45 264.60 Td (The ) Tj ET Q q 0 0 0 rg BT 299.77 264.60 Td (following ) Tj ET Q q 0 0 0 rg BT 341.44 264.60 Td (table ) Tj ET Q q 0 0 0 rg BT 363.65 264.60 Td (sets ) Tj ET Q q 0 0 0 rg BT 381.43 264.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 403.65 264.60 Td (these ) Tj ET Q q 0 0 0 rg BT 426.98 264.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 484.20 264.60 Td (as ) Tj ET Q q 0 0 0 rg BT 495.31 264.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.42 264.60 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 252.60 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 180.10 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 180.10 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 180.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.00 180.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 150.10 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 150.10 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 150.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.00 150.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 120.10 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 120.10 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 120.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.00 120.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 90.10 182.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.00 90.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 90.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 90.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 90.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 90.10 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 90.10 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.00 90.10 43.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232 231.10000000000002 m 275 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 231.10000000000002 m 279 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 231.10000000000002 m 322 231.10000000000002 l s 0 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74.10000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.95 233.55 Td (Payments due during:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 212.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.00 212.55 Td (2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.00 212.55 Td (2020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 212.55 Td (2021) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.00 212.55 Td (2022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.00 212.55 Td (2023) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.40 212.55 Td (Ther) Tj ET Q q 0 0 0 rg BT 489.32 212.55 Td (eafter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.15 212.55 Td (T) Tj ET Q q 0 0 0 rg BT 536.74 212.55 Td (otal) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 199.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.85 199.50 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 170.67 Td (JV) Tj ET Q q 0 0 0 rg BT 63.52 170.67 Td ( Service ) Tj ET Q q 0 0 0 rg BT 98.14 170.67 Td (Agreements \(a\)) Tj ET Q 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 555.60 Td (Programming ) Tj ET Q q 0 0 0 rg BT 124.85 555.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 181.64 555.60 Td (consist ) Tj ET Q q 0 0 0 rg BT 211.77 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 222.45 555.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 269.25 555.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 312.69 555.60 Td (with ) Tj ET Q q 0 0 0 rg BT 332.83 555.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 362.38 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 373.06 555.60 Td (our ) Tj ET Q q 0 0 0 rg BT 388.75 555.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 445.53 555.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 483.98 555.60 Td (that ) Tj ET Q q 0 0 0 rg BT 501.33 555.60 Td (are ) Tj ET Q q 0 0 0 rg BT 515.88 555.60 Td (enforceable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 543.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.80 543.60 Td (legally ) Tj ET Q q 0 0 0 rg BT 96.88 543.60 Td (binding ) Tj ET Q q 0 0 0 rg BT 130.31 543.60 Td (on ) Tj ET Q q 0 0 0 rg BT 143.17 543.60 Td (us ) Tj ET Q q 0 0 0 rg BT 154.93 543.60 Td (as ) Tj ET Q q 0 0 0 rg BT 166.13 543.60 Td (we ) Tj ET Q q 0 0 0 rg BT 180.65 543.60 Td (have ) Tj ET Q q 0 0 0 rg BT 202.40 543.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 231.91 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 242.55 543.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 259.86 543.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 301.61 543.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 320.58 543.60 Td (without ) Tj ET Q q 0 0 0 rg BT 354.00 543.60 Td (regard ) Tj ET Q q 0 0 0 rg BT 382.41 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 393.05 543.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 405.35 543.60 Td (the ) Tj ET Q q 0 0 0 rg BT 420.44 543.60 Td (actual ) Tj ET Q q 0 0 0 rg BT 447.18 543.60 Td (number ) Tj ET Q q 0 0 0 rg BT 480.59 543.60 Td (of ) Tj ET Q q 0 0 0 rg BT 491.79 543.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 539.64 543.60 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 543.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 105.86 531.60 Td (services ) Tj ET Q q 0 0 0 rg BT 139.99 531.60 Td (or ) Tj ET Q q 0 0 0 rg BT 150.24 531.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 164.38 531.60 Td (whether ) Tj ET Q q 0 0 0 rg BT 198.51 531.60 Td (we ) Tj ET Q q 0 0 0 rg BT 212.09 531.60 Td (terminate ) Tj ET Q q 0 0 0 rg BT 251.77 531.60 Td (service ) Tj ET Q q 0 0 0 rg BT 282.01 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 291.71 531.60 Td (a ) Tj ET Q q 0 0 0 rg BT 298.07 531.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 328.88 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 339.14 531.60 Td (our ) Tj ET Q q 0 0 0 rg BT 354.39 531.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 401.30 531.60 Td (or ) Tj ET Q q 0 0 0 rg BT 411.56 531.60 Td (dispose ) Tj ET Q q 0 0 0 rg BT 443.48 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 453.73 531.60 Td (a ) Tj ET Q q 0 0 0 rg BT 460.09 531.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 490.90 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 501.16 531.60 Td (our ) Tj ET Q q 0 0 0 rg BT 516.41 531.60 Td (distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.60 Td (systems. ) Tj ET Q q 0 0 0 rg BT 86.29 519.60 Td (In ) Tj ET Q q 0 0 0 rg BT 97.23 519.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 135.12 519.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 192.17 519.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 249.23 519.60 Td (do ) Tj ET Q q 0 0 0 rg BT 261.84 519.60 Td (not ) Tj ET Q q 0 0 0 rg BT 277.24 519.60 Td (include ) Tj ET Q q 0 0 0 rg BT 309.29 519.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 348.55 519.60 Td (in ) Tj ET Q q 0 0 0 rg BT 358.94 519.60 Td (future ) Tj ET Q q 0 0 0 rg BT 385.44 519.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 417.49 519.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 461.20 519.60 Td (with ) Tj ET Q q 0 0 0 rg BT 481.60 519.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 528.63 519.60 Td (inflation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.60 Td (or ) Tj ET Q q 0 0 0 rg BT 60.19 507.60 Td (other ) Tj ET Q q 0 0 0 rg BT 83.09 507.60 Td (price ) Tj ET Q q 0 0 0 rg BT 105.43 507.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 155.57 507.60 Td (that ) Tj ET Q q 0 0 0 rg BT 172.92 507.60 Td (are ) Tj ET Q q 0 0 0 rg BT 187.48 507.60 Td (not ) Tj ET Q q 0 0 0 rg BT 202.62 507.60 Td (fixed. ) Tj ET Q q 0 0 0 rg BT 227.50 507.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 276.84 507.60 Td (, ) Tj ET Q q 0 0 0 rg BT 281.70 507.60 Td (the ) Tj ET Q q 0 0 0 rg BT 296.27 507.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 332.51 507.60 Td (reflected ) Tj ET Q q 0 0 0 rg BT 369.84 507.60 Td (in ) Tj ET Q q 0 0 0 rg BT 379.98 507.60 Td (the ) Tj ET Q q 0 0 0 rg BT 394.55 507.60 Td (above ) Tj ET Q q 0 0 0 rg BT 420.79 507.60 Td (table ) Tj ET Q q 0 0 0 rg BT 442.58 507.60 Td (with ) Tj ET Q q 0 0 0 rg BT 462.71 507.60 Td (respect ) Tj ET Q q 0 0 0 rg BT 493.39 507.60 Td (to ) Tj ET Q q 0 0 0 rg BT 503.52 507.60 Td (these ) Tj ET Q q 0 0 0 rg BT 526.43 507.60 Td (contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.60 Td (are ) Tj ET Q q 0 0 0 rg BT 66.02 495.60 Td (significantly ) Tj ET Q q 0 0 0 rg BT 120.33 495.60 Td (less ) Tj ET Q q 0 0 0 rg BT 139.64 495.60 Td (than ) Tj ET Q q 0 0 0 rg BT 161.17 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 177.71 495.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 215.91 495.60 Td (we ) Tj ET Q q 0 0 0 rg BT 231.88 495.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 262.29 495.60 Td (to ) Tj ET Q q 0 0 0 rg BT 274.38 495.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 293.14 495.60 Td (in ) Tj ET Q q 0 0 0 rg BT 305.23 495.60 Td (these ) Tj ET Q q 0 0 0 rg BT 330.09 495.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 363.85 495.60 Td (under ) Tj ET Q q 0 0 0 rg BT 390.93 495.60 Td (these ) Tj ET Q q 0 0 0 rg BT 415.79 495.60 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 458.70 495.60 Td (Historically) Tj ET Q q 0 0 0 rg BT 505.26 495.60 Td (, ) Tj ET Q q 0 0 0 rg BT 512.08 495.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 554.72 495.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 106.11 483.60 Td (vendors ) Tj ET Q q 0 0 0 rg BT 139.94 483.60 Td (have ) Tj ET Q q 0 0 0 rg BT 160.99 483.60 Td (represented ) Tj ET Q q 0 0 0 rg BT 209.24 483.60 Td (a ) Tj ET Q q 0 0 0 rg BT 215.85 483.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 260.24 483.60 Td (portion ) Tj ET Q q 0 0 0 rg BT 291.29 483.60 Td (of ) Tj ET Q q 0 0 0 rg BT 301.80 483.60 Td (our ) Tj ET Q q 0 0 0 rg BT 317.30 483.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 357.23 483.60 Td (costs, ) Tj ET Q q 0 0 0 rg BT 381.91 483.60 Td (and ) Tj ET Q q 0 0 0 rg BT 398.52 483.60 Td (we ) Tj ET Q q 0 0 0 rg BT 412.35 483.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 440.61 483.60 Td (that ) Tj ET Q q 0 0 0 rg BT 457.78 483.60 Td (this ) Tj ET Q q 0 0 0 rg BT 474.40 483.60 Td (will ) Tj ET Q q 0 0 0 rg BT 492.13 483.60 Td (continue ) Tj ET Q q 0 0 0 rg BT 528.74 483.60 Td (to ) Tj ET Q q 0 0 0 rg BT 538.69 483.60 Td (be ) Tj ET Q q 0 0 0 rg BT 550.30 483.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.60 Td (case ) Tj ET Q q 0 0 0 rg BT 68.74 471.60 Td (in ) Tj ET Q q 0 0 0 rg BT 78.55 471.60 Td (future ) Tj ET Q q 0 0 0 rg BT 104.46 471.60 Td (periods. ) Tj ET Q q 0 0 0 rg BT 138.43 471.60 Td (In ) Tj ET Q q 0 0 0 rg BT 148.79 471.60 Td (this ) Tj ET Q q 0 0 0 rg BT 165.27 471.60 Td (regard, ) Tj ET Q q 0 0 0 rg BT 195.33 471.60 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.47 471.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.47 471.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.01 471.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.01 471.60 Td ( ) Tj ET Q q 0 0 0 rg BT 270.04 471.60 Td (and ) Tj ET Q q 0 0 0 rg BT 286.51 471.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 308.54 471.60 Td (the ) Tj ET Q q 0 0 0 rg BT 322.79 471.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 379.25 471.60 Td (and ) Tj ET Q q 0 0 0 rg BT 395.72 471.60 Td (copyright ) Tj ET Q q 0 0 0 rg BT 436.08 471.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 458.11 471.60 Td (incurred ) Tj ET Q q 0 0 0 rg BT 493.46 471.60 Td (by ) Tj ET Q q 0 0 0 rg BT 505.49 471.60 Td (our ) Tj ET Q q 0 0 0 rg BT 520.85 471.60 Td (operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (aggregated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.86 459.60 Td (322.4 ) Tj ET Q q 0 0 0 rg BT 125.86 459.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.75 459.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.75 459.60 Td (333.6 ) Tj ET Q q 0 0 0 rg BT 189.75 459.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.65 459.60 Td ( ) Tj ET Q q 0 0 0 rg BT 221.15 459.60 Td (and ) Tj ET Q q 0 0 0 rg BT 238.08 459.60 Td (350.1 ) Tj ET Q q 0 0 0 rg BT 268.08 459.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 301.98 459.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 349.64 459.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 435.60 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 106.46 435.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 163.77 435.60 Td (include ) Tj ET Q q 0 0 0 rg BT 196.07 435.60 Td (unconditional ) Tj ET Q q 0 0 0 rg BT 253.93 435.60 Td (and ) Tj ET Q q 0 0 0 rg BT 271.23 435.60 Td (legally ) Tj ET Q q 0 0 0 rg BT 301.31 435.60 Td (binding ) Tj ET Q q 0 0 0 rg BT 334.73 435.60 Td (obligations ) Tj ET Q q 0 0 0 rg BT 382.04 435.60 Td (related ) Tj ET Q q 0 0 0 rg BT 412.11 435.60 Td (to ) Tj ET Q q 0 0 0 rg BT 422.75 435.60 Td (the ) Tj ET Q q 0 0 0 rg BT 437.84 435.60 Td (purchase ) Tj ET Q q 0 0 0 rg BT 476.24 435.60 Td (of ) Tj ET Q q 0 0 0 rg BT 487.44 435.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 526.96 435.60 Td (premises ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 423.60 Td (other ) Tj ET Q q 0 0 0 rg BT 89.49 423.60 Td (equipment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 399.60 Td (Network ) Tj ET Q q 0 0 0 rg BT 104.54 399.60 Td (and ) Tj ET Q q 0 0 0 rg BT 121.02 399.60 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 172.50 399.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 228.99 399.60 Td (include ) Tj ET Q q 0 0 0 rg BT 260.47 399.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 316.95 399.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 360.09 399.60 Td (with ) Tj ET Q q 0 0 0 rg BT 379.92 399.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 391.40 399.60 Td (fiber ) Tj ET Q q 0 0 0 rg BT 412.33 399.60 Td (leasing ) Tj ET Q q 0 0 0 rg BT 442.70 399.60 Td (and ) Tj ET Q q 0 0 0 rg BT 459.19 399.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 473.45 399.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 502.70 399.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 542.51 399.60 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 93.09 387.60 Td (with ) Tj ET Q q 0 0 0 rg BT 113.37 387.60 Td (our ) Tj ET Q q 0 0 0 rg BT 129.20 387.60 Td (leased ) Tj ET Q q 0 0 0 rg BT 156.69 387.60 Td (networks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 363.60 Td (Other ) Tj ET Q q 0 0 0 rg BT 93.54 363.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 151.25 363.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 191.74 363.60 Td (include ) Tj ET Q q 0 0 0 rg BT 224.44 363.60 Td (sponsorships, ) Tj ET Q q 0 0 0 rg BT 281.89 363.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 312.37 363.60 Td (fixed ) Tj ET Q q 0 0 0 rg BT 336.19 363.60 Td (minimum ) Tj ET Q q 0 0 0 rg BT 378.35 363.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 426.04 363.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 483.75 363.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 528.12 363.60 Td (with ) Tj ET Q q 0 0 0 rg BT 549.17 363.60 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 97.53 351.60 Td (with ) Tj ET Q q 0 0 0 rg BT 117.81 351.60 Td (municipal ) Tj ET Q q 0 0 0 rg BT 160.30 351.60 Td (authorities ) Tj ET Q q 0 0 0 rg BT 205.01 351.60 Td (and ) Tj ET Q q 0 0 0 rg BT 221.95 351.60 Td (network ) Tj ET Q q 0 0 0 rg BT 257.22 351.60 Td (and ) Tj ET Q q 0 0 0 rg BT 274.16 351.60 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 326.09 351.60 Td (commitments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 327.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.60 327.60 Td (addition ) Tj ET Q q 0 0 0 rg BT 114.14 327.60 Td (to ) Tj ET Q q 0 0 0 rg BT 124.69 327.60 Td (the ) Tj ET Q q 0 0 0 rg BT 139.68 327.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 196.89 327.60 Td (set ) Tj ET Q q 0 0 0 rg BT 210.77 327.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 232.97 327.60 Td (in ) Tj ET Q q 0 0 0 rg BT 243.52 327.60 Td (the ) Tj ET Q q 0 0 0 rg BT 258.51 327.60 Td (table ) Tj ET Q q 0 0 0 rg BT 280.71 327.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 309.86 327.60 Td (we ) Tj ET Q q 0 0 0 rg BT 324.29 327.60 Td (have ) Tj ET Q q 0 0 0 rg BT 345.94 327.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 403.15 327.60 Td (under ) Tj ET Q q 0 0 0 rg BT 428.68 327.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 440.89 327.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 483.64 327.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 533.08 327.60 Td (and ) Tj ET Q q 0 0 0 rg BT 550.29 327.60 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.60 Td (multiemployer ) Tj ET Q q 0 0 0 rg BT 110.59 315.60 Td (defined ) Tj ET Q q 0 0 0 rg BT 142.78 315.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 172.76 315.60 Td (plans, ) Tj ET Q q 0 0 0 rg BT 198.58 315.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 235.23 315.60 Td (to ) Tj ET Q q 0 0 0 rg BT 245.22 315.60 Td (which ) Tj ET Q q 0 0 0 rg BT 271.87 315.60 Td (we ) Tj ET Q q 0 0 0 rg BT 285.74 315.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 314.04 315.60 Td (to ) Tj ET Q q 0 0 0 rg BT 324.03 315.60 Td (make ) Tj ET Q q 0 0 0 rg BT 347.90 315.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 388.43 315.60 Td (in ) Tj ET Q q 0 0 0 rg BT 398.42 315.60 Td (future ) Tj ET Q q 0 0 0 rg BT 424.51 315.60 Td (periods. ) Tj ET Q q 0 0 0 rg BT 458.66 315.60 Td (For ) Tj ET Q q 0 0 0 rg BT 474.76 315.60 Td (information ) Tj ET Q q 0 0 0 rg BT 524.19 315.60 Td (regarding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.60 Td (our ) Tj ET Q q 0 0 0 rg BT 65.33 303.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 107.81 303.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 159.48 303.60 Td (including ) Tj ET Q q 0 0 0 rg BT 199.75 303.60 Td (the ) Tj ET Q q 0 0 0 rg BT 214.47 303.60 Td (net ) Tj ET Q q 0 0 0 rg BT 229.18 303.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 249.45 303.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 269.17 303.60 Td (or ) Tj ET Q q 0 0 0 rg BT 280.00 303.60 Td (received ) Tj ET Q q 0 0 0 rg BT 316.36 303.60 Td (in ) Tj ET Q q 0 0 0 rg BT 326.64 303.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 373.01 303.60 Td (with ) Tj ET Q q 0 0 0 rg BT 393.29 303.60 Td (these ) Tj ET Q q 0 0 0 rg BT 416.34 303.60 Td (instruments ) Tj ET Q q 0 0 0 rg BT 465.50 303.60 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.11 303.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.11 303.60 Td (, ) Tj ET Q q 0 0 0 rg BT 519.11 303.60 Td (see ) Tj ET Q q 0 0 0 rg BT 534.38 303.60 Td (note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.09 303.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.09 303.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 279.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 279.60 Td (e ) Tj ET Q q 0 0 0 rg BT 83.61 279.60 Td (have ) Tj ET Q q 0 0 0 rg BT 105.53 279.60 Td (established ) Tj ET Q q 0 0 0 rg BT 153.00 279.60 Td (multiemployer ) Tj ET Q q 0 0 0 rg BT 214.91 279.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 245.71 279.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 269.85 279.60 Td (for ) Tj ET Q q 0 0 0 rg BT 284.55 279.60 Td (our ) Tj ET Q q 0 0 0 rg BT 300.92 279.60 Td (subsidiaries) Tj ET Q q 0 0 0 rg BT 350.72 279.60 Td ( ) Tj ET Q q 0 0 0 rg BT 353.76 279.60 Td (employees. ) Tj ET Q q 0 0 0 rg BT 401.84 279.60 Td (The ) Tj ET Q q 0 0 0 rg BT 420.42 279.60 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 462.32 279.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 497.56 279.60 Td (of ) Tj ET Q q 0 0 0 rg BT 508.93 279.60 Td (our ) Tj ET Q q 0 0 0 rg BT 525.29 279.60 Td (matching ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.60 Td (contributions ) Tj ET Q q 0 0 0 rg BT 105.08 267.60 Td (under ) Tj ET Q q 0 0 0 rg BT 130.67 267.60 Td (the ) Tj ET Q q 0 0 0 rg BT 145.69 267.60 Td (multiemployer ) Tj ET Q q 0 0 0 rg BT 207.38 267.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 237.96 267.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 261.88 267.60 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.24 267.60 Td (42.8 ) Tj ET Q q 0 0 0 rg BT 305.55 267.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.44 267.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.75 267.60 Td (42.3 ) Tj ET Q q 0 0 0 rg BT 365.07 267.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.96 267.60 Td ( ) Tj ET Q q 0 0 0 rg BT 396.77 267.60 Td (and ) Tj ET Q q 0 0 0 rg BT 414.02 267.60 Td (26.2 ) Tj ET Q q 0 0 0 rg BT 439.33 267.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 468.22 267.60 Td ( ) 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 471.03 267.60 Td (during ) Tj ET Q q 0 0 0 rg BT 499.95 267.60 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.27 267.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.27 267.60 Td ( ) Tj ET Q q 0 0 0 rg BT 548.08 267.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 74.50 255.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 122.16 255.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 231.60 Td (Rental ) Tj ET Q q 0 0 0 rg BT 97.15 231.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 132.89 231.60 Td (under ) Tj ET Q q 0 0 0 rg BT 159.20 231.60 Td (non-cancellable ) Tj ET Q q 0 0 0 rg BT 226.04 231.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 267.35 231.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 290.87 231.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 348.28 231.60 Td (amounted ) Tj ET Q q 0 0 0 rg BT 391.25 231.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.57 231.60 Td (30.4 ) Tj ET Q q 0 0 0 rg BT 428.61 231.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.50 231.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.55 231.60 Td (33.0 ) Tj ET Q q 0 0 0 rg BT 489.59 231.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.48 231.60 Td ( ) Tj ET Q q 0 0 0 rg BT 522.02 231.60 Td (and ) Tj ET Q q 0 0 0 rg BT 540.00 231.60 Td (16.6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.60 Td (million, ) Tj ET Q q 0 0 0 rg BT 82.98 219.60 Td (during ) Tj ET Q q 0 0 0 rg BT 111.18 219.60 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.78 219.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.78 219.60 Td ( ) Tj ET Q q 0 0 0 rg BT 157.87 219.60 Td (and ) Tj ET Q q 0 0 0 rg BT 174.40 219.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 198.99 219.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 246.65 219.60 Td (. ) Tj ET Q q 0 0 0 rg BT 251.25 219.60 Td (It ) Tj ET Q q 0 0 0 rg BT 259.45 219.60 Td (is ) Tj ET Q q 0 0 0 rg BT 268.21 219.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 305.83 219.60 Td (that ) Tj ET Q q 0 0 0 rg BT 322.92 219.60 Td (in ) Tj ET Q q 0 0 0 rg BT 332.79 219.60 Td (the ) Tj ET Q q 0 0 0 rg BT 347.10 219.60 Td (normal ) Tj ET Q q 0 0 0 rg BT 377.52 219.60 Td (course ) Tj ET Q q 0 0 0 rg BT 405.71 219.60 Td (of ) Tj ET Q q 0 0 0 rg BT 416.13 219.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 454.61 219.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 494.47 219.60 Td (leases ) Tj ET Q q 0 0 0 rg BT 520.44 219.60 Td (that ) Tj ET Q q 0 0 0 rg BT 537.53 219.60 Td (expire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 89.20 207.60 Td (will ) Tj ET Q q 0 0 0 rg BT 107.26 207.60 Td (be ) Tj ET Q q 0 0 0 rg BT 119.20 207.60 Td (renewed ) Tj ET Q q 0 0 0 rg BT 155.56 207.60 Td (or ) Tj ET Q q 0 0 0 rg BT 166.39 207.60 Td (replaced ) Tj ET Q q 0 0 0 rg BT 202.76 207.60 Td (by ) Tj ET Q q 0 0 0 rg BT 215.26 207.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 245.53 207.60 Td (leases. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 183.60 Td (Guarantees ) Tj ET Q q 0 0 0 rg BT 108.78 183.60 Td (and ) Tj ET Q q 0 0 0 rg BT 126.84 183.60 Td (Other ) Tj ET Q q 0 0 0 rg BT 153.24 183.60 Td (Credit ) Tj ET Q q 0 0 0 rg BT 181.29 183.60 Td (Enhancements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 159.60 Td (In ) Tj ET Q q 0 0 0 rg BT 78.32 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 93.04 159.60 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 129.41 159.60 Td (course ) Tj ET Q q 0 0 0 rg BT 158.00 159.60 Td (of ) Tj ET Q q 0 0 0 rg BT 168.82 159.60 Td (business, ) Tj ET Q q 0 0 0 rg BT 207.71 159.60 Td (we ) Tj ET Q q 0 0 0 rg BT 221.86 159.60 Td (may ) Tj ET Q q 0 0 0 rg BT 241.57 159.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 274.62 159.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 286.55 159.60 Td (indemnifications ) Tj ET Q q 0 0 0 rg BT 356.25 159.60 Td (to ) Tj ET Q q 0 0 0 rg BT 366.52 159.60 Td (our ) Tj ET Q q 0 0 0 rg BT 382.35 159.60 Td (lenders, ) Tj ET Q q 0 0 0 rg BT 416.22 159.60 Td (our ) Tj ET Q q 0 0 0 rg BT 432.04 159.60 Td (vendors ) Tj ET Q q 0 0 0 rg BT 466.20 159.60 Td (and ) Tj ET Q q 0 0 0 rg BT 483.13 159.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 512.82 159.60 Td (other ) Tj ET Q q 0 0 0 rg BT 535.87 159.60 Td (parties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (and ) Tj ET Q q 0 0 0 rg BT 65.29 147.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 78.85 147.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 130.73 147.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 157.62 147.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 193.95 147.60 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 238.05 147.60 Td (to ) Tj ET Q q 0 0 0 rg BT 247.18 147.60 Td (local ) Tj ET Q q 0 0 0 rg BT 267.96 147.60 Td (municipalities, ) Tj ET Q q 0 0 0 rg BT 328.47 147.60 Td (our ) Tj ET Q q 0 0 0 rg BT 343.15 147.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 385.04 147.60 Td (and ) Tj ET Q q 0 0 0 rg BT 400.83 147.60 Td (vendors. ) Tj ET Q q 0 0 0 rg BT 436.34 147.60 Td (Historically) Tj ET Q q 0 0 0 rg BT 482.90 147.60 Td (, ) Tj ET Q q 0 0 0 rg BT 486.75 147.60 Td (these ) Tj ET Q q 0 0 0 rg BT 508.65 147.60 Td (arrangements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (have ) Tj ET Q q 0 0 0 rg BT 70.75 135.60 Td (not ) Tj ET Q q 0 0 0 rg BT 85.90 135.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 119.93 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 130.08 135.60 Td (our ) Tj ET Q q 0 0 0 rg BT 145.78 135.60 Td (company ) Tj ET Q q 0 0 0 rg BT 184.81 135.60 Td (making ) Tj ET Q q 0 0 0 rg BT 217.17 135.60 Td (any ) Tj ET Q q 0 0 0 rg BT 233.98 135.60 Td (material ) Tj ET Q q 0 0 0 rg BT 269.12 135.60 Td (payments ) Tj ET Q q 0 0 0 rg BT 309.81 135.60 Td (and ) Tj ET Q q 0 0 0 rg BT 326.62 135.60 Td (we ) Tj ET Q q 0 0 0 rg BT 340.66 135.60 Td (do ) Tj ET Q q 0 0 0 rg BT 353.03 135.60 Td (not ) Tj ET Q q 0 0 0 rg BT 368.18 135.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 399.42 135.60 Td (that ) Tj ET Q q 0 0 0 rg BT 416.79 135.60 Td (they ) Tj ET Q q 0 0 0 rg BT 436.38 135.60 Td (will ) Tj ET Q q 0 0 0 rg BT 454.31 135.60 Td (result ) Tj ET Q q 0 0 0 rg BT 478.90 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 489.05 135.60 Td (material ) Tj ET Q q 0 0 0 rg BT 524.18 135.60 Td (payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.60 Td (in ) Tj ET Q q 0 0 0 rg BT 59.78 123.60 Td (the ) Tj ET Q q 0 0 0 rg BT 74.50 123.60 Td (future.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 58.50 99.60 Td (Regulations ) Tj ET Q q 0 0 0 rg BT 110.46 99.60 Td (and ) Tj ET Q q 0 0 0 rg BT 128.52 99.60 Td (Contingencies) Tj ET Q endstream endobj 179 0 obj <> endobj 180 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 699.60 Td (V) Tj ET Q q 0 0 0 rg BT 74.12 699.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 92.92 699.60 Td (distribution, ) Tj ET Q q 0 0 0 rg BT 143.13 699.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 186.92 699.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 221.55 699.60 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 262.01 699.60 Td (telephony) Tj ET Q q 0 0 0 rg BT 300.79 699.60 Td (, ) Tj ET Q q 0 0 0 rg BT 304.88 699.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 334.24 699.60 Td (and ) Tj ET Q q 0 0 0 rg BT 350.26 699.60 Td (content ) Tj ET Q q 0 0 0 rg BT 381.28 699.60 Td (businesses ) Tj ET Q q 0 0 0 rg BT 425.09 699.60 Td (are ) Tj ET Q q 0 0 0 rg BT 438.89 699.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 468.80 699.60 Td (to ) Tj ET Q q 0 0 0 rg BT 478.16 699.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 521.96 699.60 Td (regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 68.40 687.60 Td (supervision ) Tj ET Q q 0 0 0 rg BT 118.96 687.60 Td (by ) Tj ET Q q 0 0 0 rg BT 133.42 687.60 Td (various ) Tj ET Q q 0 0 0 rg BT 167.32 687.60 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 212.87 687.60 Td (bodies ) Tj ET Q q 0 0 0 rg BT 243.44 687.60 Td (in ) Tj ET Q q 0 0 0 rg BT 255.68 687.60 Td (the ) Tj ET Q q 0 0 0 rg BT 272.35 687.60 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 327.62 687.60 Td (including ) Tj ET Q q 0 0 0 rg BT 369.86 687.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 398.75 687.60 Td (and ) Tj ET Q q 0 0 0 rg BT 417.65 687.60 Td (EU ) Tj ET Q q 0 0 0 rg BT 435.44 687.60 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 483.63 687.60 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 521.40 687.60 Td (regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.60 Td (developments ) Tj ET Q q 0 0 0 rg BT 107.54 675.60 Td (could ) Tj ET Q q 0 0 0 rg BT 132.26 675.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 163.09 675.60 Td (our ) Tj ET Q q 0 0 0 rg BT 178.92 675.60 Td (businesses ) Tj ET Q q 0 0 0 rg BT 223.64 675.60 Td (to ) Tj ET Q q 0 0 0 rg BT 233.92 675.60 Td (a ) Tj ET Q q 0 0 0 rg BT 240.86 675.60 Td (number ) Tj ET Q q 0 0 0 rg BT 273.91 675.60 Td (of ) Tj ET Q q 0 0 0 rg BT 284.74 675.60 Td (risks. ) Tj ET Q q 0 0 0 rg BT 308.64 675.60 Td (Regulation, ) Tj ET Q q 0 0 0 rg BT 357.52 675.60 Td (including ) Tj ET Q q 0 0 0 rg BT 397.79 675.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 441.96 675.60 Td (imposed ) Tj ET Q q 0 0 0 rg BT 478.35 675.60 Td (on ) Tj ET Q q 0 0 0 rg BT 490.85 675.60 Td (us ) Tj ET Q q 0 0 0 rg BT 502.24 675.60 Td (by ) Tj ET Q q 0 0 0 rg BT 514.74 675.60 Td (competition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.60 Td (or ) Tj ET Q q 0 0 0 rg BT 60.32 663.60 Td (other ) Tj ET Q q 0 0 0 rg BT 83.36 663.60 Td (authorities ) Tj ET Q q 0 0 0 rg BT 128.06 663.60 Td (as ) Tj ET Q q 0 0 0 rg BT 138.88 663.60 Td (a ) Tj ET Q q 0 0 0 rg BT 145.80 663.60 Td (requirement ) Tj ET Q q 0 0 0 rg BT 196.60 663.60 Td (to ) Tj ET Q q 0 0 0 rg BT 206.87 663.60 Td (close ) Tj ET Q q 0 0 0 rg BT 229.91 663.60 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 280.17 663.60 Td (or ) Tj ET Q q 0 0 0 rg BT 290.99 663.60 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 343.77 663.60 Td (could ) Tj ET Q q 0 0 0 rg BT 368.47 663.60 Td (limit ) Tj ET Q q 0 0 0 rg BT 389.85 663.60 Td (growth, ) Tj ET Q q 0 0 0 rg BT 423.17 663.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 459.81 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 476.74 663.60 Td (the ) Tj ET Q q 0 0 0 rg BT 491.44 663.60 Td (number ) Tj ET Q q 0 0 0 rg BT 524.48 663.60 Td (and ) Tj ET Q q 0 0 0 rg BT 541.41 663.60 Td (types ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.60 Td (of ) Tj ET Q q 0 0 0 rg BT 60.15 651.60 Td (services ) Tj ET Q q 0 0 0 rg BT 94.67 651.60 Td (of) Tj ET Q q 0 0 0 rg BT 102.82 651.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 125.67 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 142.43 651.60 Td (could ) Tj ET Q q 0 0 0 rg BT 166.96 651.60 Td (lead ) Tj ET Q q 0 0 0 rg BT 185.93 651.60 Td (to ) Tj ET Q q 0 0 0 rg BT 196.02 651.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 236.09 651.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 276.17 651.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 298.49 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 315.24 651.60 Td (property ) Tj ET Q q 0 0 0 rg BT 351.44 651.60 Td (and ) Tj ET Q q 0 0 0 rg BT 368.19 651.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 412.72 651.60 Td (additions. ) Tj ET Q q 0 0 0 rg BT 454.20 651.60 Td (In ) Tj ET Q q 0 0 0 rg BT 464.85 651.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 502.44 651.60 Td (regulation ) Tj ET Q q 0 0 0 rg BT 545.29 651.60 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.60 Td (restrict ) Tj ET Q q 0 0 0 rg BT 78.92 639.60 Td (our ) Tj ET Q q 0 0 0 rg BT 93.91 639.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 137.22 639.60 Td (and ) Tj ET Q q 0 0 0 rg BT 153.31 639.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 183.30 639.60 Td (them ) Tj ET Q q 0 0 0 rg BT 204.95 639.60 Td (to ) Tj ET Q q 0 0 0 rg BT 214.38 639.60 Td (further ) Tj ET Q q 0 0 0 rg BT 243.25 639.60 Td (competitive ) Tj ET Q q 0 0 0 rg BT 292.11 639.60 Td (pressure, ) Tj ET Q q 0 0 0 rg BT 329.59 639.60 Td (including ) Tj ET Q q 0 0 0 rg BT 369.02 639.60 Td (pricing ) Tj ET Q q 0 0 0 rg BT 399.00 639.60 Td (restrictions, ) Tj ET Q q 0 0 0 rg BT 447.59 639.60 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 498.67 639.60 Td (and ) Tj ET Q q 0 0 0 rg BT 514.76 639.60 Td (other ) Tj ET Q q 0 0 0 rg BT 536.96 639.60 Td (access ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 627.60 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 98.85 627.60 Td (and ) Tj ET Q q 0 0 0 rg BT 115.70 627.60 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 162.55 627.60 Td (or ) Tj ET Q q 0 0 0 rg BT 173.29 627.60 Td (controls ) Tj ET Q q 0 0 0 rg BT 207.92 627.60 Td (on ) Tj ET Q q 0 0 0 rg BT 220.33 627.60 Td (content, ) Tj ET Q q 0 0 0 rg BT 254.67 627.60 Td (including ) Tj ET Q q 0 0 0 rg BT 294.86 627.60 Td (content ) Tj ET Q q 0 0 0 rg BT 326.70 627.60 Td (provided ) Tj ET Q q 0 0 0 rg BT 364.66 627.60 Td (by ) Tj ET Q q 0 0 0 rg BT 377.07 627.60 Td (third ) Tj ET Q q 0 0 0 rg BT 398.37 627.60 Td (parties. ) Tj ET Q q 0 0 0 rg BT 429.94 627.60 Td (Failure ) Tj ET Q q 0 0 0 rg BT 460.67 627.60 Td (to ) Tj ET Q q 0 0 0 rg BT 470.86 627.60 Td (comply ) Tj ET Q q 0 0 0 rg BT 503.27 627.60 Td (with ) Tj ET Q q 0 0 0 rg BT 523.46 627.60 Td (current ) Tj ET Q q 0 0 0 rg BT 554.18 627.60 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 615.60 Td (future ) Tj ET Q q 0 0 0 rg BT 75.88 615.60 Td (regulation ) Tj ET Q q 0 0 0 rg BT 118.92 615.60 Td (could ) Tj ET Q q 0 0 0 rg BT 143.64 615.60 Td (expose ) Tj ET Q q 0 0 0 rg BT 173.90 615.60 Td (our ) Tj ET Q q 0 0 0 rg BT 189.73 615.60 Td (businesses ) Tj ET Q q 0 0 0 rg BT 234.46 615.60 Td (to ) Tj ET Q q 0 0 0 rg BT 244.73 615.60 Td (various ) Tj ET Q q 0 0 0 rg BT 276.67 615.60 Td (penalties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 591.60 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 591.60 Td (e ) Tj ET Q q 0 0 0 rg BT 82.81 591.60 Td (have ) Tj ET Q q 0 0 0 rg BT 103.91 591.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 148.35 591.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 187.80 591.60 Td (related ) Tj ET Q q 0 0 0 rg BT 217.23 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 227.24 591.60 Td (matters ) Tj ET Q q 0 0 0 rg BT 258.90 591.60 Td (arising ) Tj ET Q q 0 0 0 rg BT 288.34 591.60 Td (in ) Tj ET Q q 0 0 0 rg BT 298.35 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 312.80 591.60 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 348.90 591.60 Td (course ) Tj ET Q q 0 0 0 rg BT 377.23 591.60 Td (of ) Tj ET Q q 0 0 0 rg BT 387.79 591.60 Td (business ) Tj ET Q q 0 0 0 rg BT 423.91 591.60 Td (including ) Tj ET Q q 0 0 0 rg BT 463.91 591.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 475.58 591.60 Td (legal ) Tj ET Q q 0 0 0 rg BT 497.24 591.60 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 550.29 591.60 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.60 Td (issues ) Tj ET Q q 0 0 0 rg BT 76.21 579.60 Td (involving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.16 579.60 Td (V) Tj ET Q q 0 0 0 rg BT 123.09 579.60 Td (A) Tj ET Q q 0 0 0 rg BT 129.20 579.60 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.13 579.60 Td ( ) Tj ET Q q 0 0 0 rg BT 137.95 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 155.20 579.60 Td (wage, ) Tj ET Q q 0 0 0 rg BT 181.62 579.60 Td (property ) Tj ET Q q 0 0 0 rg BT 218.31 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 235.56 579.60 Td (other ) Tj ET Q q 0 0 0 rg BT 258.93 579.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 273.96 579.60 Td (issues, ) Tj ET Q q 0 0 0 rg BT 303.17 579.60 Td (and ) Tj ET Q q 0 0 0 rg BT 320.42 579.60 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 338.23 579.60 Td (disputes ) Tj ET Q q 0 0 0 rg BT 373.83 579.60 Td (over ) Tj ET Q q 0 0 0 rg BT 394.41 579.60 Td (interconnection, ) Tj ET Q q 0 0 0 rg BT 461.93 579.60 Td (programming, ) Tj ET Q q 0 0 0 rg BT 521.68 579.60 Td (copyright, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.43 567.60 Td (channel ) Tj ET Q q 0 0 0 rg BT 100.01 567.60 Td (carriage ) Tj ET Q q 0 0 0 rg BT 134.69 567.60 Td (fees. ) Tj ET Q q 0 0 0 rg BT 155.59 567.60 Td (While ) Tj ET Q q 0 0 0 rg BT 182.52 567.60 Td (we ) Tj ET Q q 0 0 0 rg BT 196.66 567.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 236.35 567.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 264.94 567.60 Td (that ) Tj ET Q q 0 0 0 rg BT 282.42 567.60 Td (the ) Tj ET Q q 0 0 0 rg BT 297.12 567.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 333.50 567.60 Td (required ) Tj ET Q q 0 0 0 rg BT 369.30 567.60 Td (to ) Tj ET Q q 0 0 0 rg BT 379.57 567.60 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 408.16 567.60 Td (these ) Tj ET Q q 0 0 0 rg BT 431.20 567.60 Td (contingencies ) Tj ET Q q 0 0 0 rg BT 488.67 567.60 Td (will ) Tj ET Q q 0 0 0 rg BT 506.71 567.60 Td (not ) Tj ET Q q 0 0 0 rg BT 521.98 567.60 Td (materially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.60 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 555.60 Td (fer ) Tj ET Q q 0 0 0 rg BT 75.27 555.60 Td (from ) Tj ET Q q 0 0 0 rg BT 98.46 555.60 Td (any ) Tj ET Q q 0 0 0 rg BT 116.64 555.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 158.70 555.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 196.34 555.60 Td (we ) Tj ET Q q 0 0 0 rg BT 211.74 555.60 Td (have ) Tj ET Q q 0 0 0 rg BT 234.36 555.60 Td (accrued, ) Tj ET Q q 0 0 0 rg BT 271.69 555.60 Td (no ) Tj ET Q q 0 0 0 rg BT 285.44 555.60 Td (assurance ) Tj ET Q q 0 0 0 rg BT 328.05 555.60 Td (can ) Tj ET Q q 0 0 0 rg BT 345.67 555.60 Td (be ) Tj ET Q q 0 0 0 rg BT 358.86 555.60 Td (given ) Tj ET Q q 0 0 0 rg BT 384.82 555.60 Td (that ) Tj ET Q q 0 0 0 rg BT 403.56 555.60 Td (the ) Tj ET Q q 0 0 0 rg BT 419.52 555.60 Td (resolution ) Tj ET Q q 0 0 0 rg BT 463.26 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 475.33 555.60 Td (one ) Tj ET Q q 0 0 0 rg BT 493.52 555.60 Td (or ) Tj ET Q q 0 0 0 rg BT 505.59 555.60 Td (more ) Tj ET Q q 0 0 0 rg BT 529.89 555.60 Td (of ) Tj ET Q q 0 0 0 rg BT 541.96 555.60 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 543.60 Td (contingencies ) Tj ET Q q 0 0 0 rg BT 106.64 543.60 Td (will ) Tj ET Q q 0 0 0 rg BT 124.36 543.60 Td (not ) Tj ET Q q 0 0 0 rg BT 139.29 543.60 Td (result ) Tj ET Q q 0 0 0 rg BT 163.67 543.60 Td (in ) Tj ET Q q 0 0 0 rg BT 173.61 543.60 Td (a ) Tj ET Q q 0 0 0 rg BT 180.21 543.60 Td (material ) Tj ET Q q 0 0 0 rg BT 215.13 543.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 244.50 543.60 Td (on ) Tj ET Q q 0 0 0 rg BT 256.66 543.60 Td (our ) Tj ET Q q 0 0 0 rg BT 272.15 543.60 Td (results ) Tj ET Q q 0 0 0 rg BT 300.41 543.60 Td (of ) Tj ET Q q 0 0 0 rg BT 310.90 543.60 Td (operations, ) Tj ET Q q 0 0 0 rg BT 357.22 543.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 377.15 543.60 Td (flows ) Tj ET Q q 0 0 0 rg BT 401.53 543.60 Td (or ) Tj ET Q q 0 0 0 rg BT 412.02 543.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 449.16 543.60 Td (position ) Tj ET Q q 0 0 0 rg BT 483.54 543.60 Td (in ) Tj ET Q q 0 0 0 rg BT 493.48 543.60 Td (any ) Tj ET Q q 0 0 0 rg BT 510.08 543.60 Td (given ) Tj ET Q q 0 0 0 rg BT 534.46 543.60 Td (period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.60 Td (Due ) Tj ET Q q 0 0 0 rg BT 68.89 531.60 Td (to, ) Tj ET Q q 0 0 0 rg BT 81.91 531.60 Td (in ) Tj ET Q q 0 0 0 rg BT 92.42 531.60 Td (general, ) Tj ET Q q 0 0 0 rg BT 127.07 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 142.02 531.60 Td (complexity ) Tj ET Q q 0 0 0 rg BT 189.75 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 200.81 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 215.76 531.60 Td (issues ) Tj ET Q q 0 0 0 rg BT 242.39 531.60 Td (involved ) Tj ET Q q 0 0 0 rg BT 280.12 531.60 Td (and, ) Tj ET Q q 0 0 0 rg BT 299.79 531.60 Td (in ) Tj ET Q q 0 0 0 rg BT 310.30 531.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 340.23 531.60 Td (cases, ) Tj ET Q q 0 0 0 rg BT 366.57 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 381.52 531.60 Td (lack ) Tj ET Q q 0 0 0 rg BT 400.91 531.60 Td (of ) Tj ET Q q 0 0 0 rg BT 411.97 531.60 Td (a ) Tj ET Q q 0 0 0 rg BT 419.14 531.60 Td (clear ) Tj ET Q q 0 0 0 rg BT 441.30 531.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 464.03 531.60 Td (for ) Tj ET Q q 0 0 0 rg BT 478.42 531.60 Td (predicting ) Tj ET Q q 0 0 0 rg BT 521.70 531.60 Td (outcomes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.60 Td (we ) Tj ET Q q 0 0 0 rg BT 63.66 519.60 Td (cannot ) Tj ET Q q 0 0 0 rg BT 92.82 519.60 Td (provide ) Tj ET Q q 0 0 0 rg BT 125.86 519.60 Td (a ) Tj ET Q q 0 0 0 rg BT 132.80 519.60 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 180.84 519.60 Td (range ) Tj ET Q q 0 0 0 rg BT 205.55 519.60 Td (of ) Tj ET Q q 0 0 0 rg BT 216.38 519.60 Td (potential ) Tj ET Q q 0 0 0 rg BT 253.87 519.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 280.26 519.60 Td (or ) Tj ET Q q 0 0 0 rg BT 291.09 519.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 311.36 519.60 Td (outflows ) Tj ET Q q 0 0 0 rg BT 348.86 519.60 Td (that ) Tj ET Q q 0 0 0 rg BT 366.36 519.60 Td (might ) Tj ET Q q 0 0 0 rg BT 392.19 519.60 Td (result ) Tj ET Q q 0 0 0 rg BT 416.91 519.60 Td (from ) Tj ET Q q 0 0 0 rg BT 438.85 519.60 Td (any ) Tj ET Q q 0 0 0 rg BT 455.78 519.60 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 506.04 519.60 Td (outcomes.) Tj ET Q endstream endobj 181 0 obj <> endobj 182 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-69) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 696.75 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.83 696.75 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.83 696.75 Td (\) ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 76.5 695.18505859375 m 158.990234375 695.18505859375 l s q 0 0 0 rg BT 76.50 696.75 Td (Segment Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 672.75 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 672.75 Td (e ) Tj ET Q q 0 0 0 rg BT 81.91 672.75 Td (have ) Tj ET Q q 0 0 0 rg BT 102.12 672.75 Td (one ) Tj ET Q q 0 0 0 rg BT 117.90 672.75 Td (reportable ) Tj ET Q q 0 0 0 rg BT 159.76 672.75 Td (segment ) Tj ET Q q 0 0 0 rg BT 194.42 672.75 Td (that ) Tj ET Q q 0 0 0 rg BT 210.75 672.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 246.52 672.75 Td (video, ) Tj ET Q q 0 0 0 rg BT 272.58 672.75 Td (broadband ) Tj ET Q q 0 0 0 rg BT 316.12 672.75 Td (internet, ) Tj ET Q q 0 0 0 rg BT 350.49 672.75 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 390.70 672.75 Td (telephony) Tj ET Q q 0 0 0 rg BT 429.48 672.75 Td (, ) Tj ET Q q 0 0 0 rg BT 433.32 672.75 Td (and ) Tj ET Q q 0 0 0 rg BT 449.09 672.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 478.20 672.75 Td (services ) Tj ET Q q 0 0 0 rg BT 511.74 672.75 Td (to ) Tj ET Q q 0 0 0 rg BT 520.85 672.75 Td (residential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.75 Td (and ) Tj ET Q q 0 0 0 rg BT 66.44 660.75 Td (business ) Tj ET Q q 0 0 0 rg BT 102.83 660.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 145.88 660.75 Td (in ) Tj ET Q q 0 0 0 rg BT 156.16 660.75 Td (the ) Tj ET Q q 0 0 0 rg BT 170.87 660.75 Td (Netherlands.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 636.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 85.55 636.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 119.70 636.75 Td (by ) Tj ET Q q 0 0 0 rg BT 132.20 636.75 Td (major ) Tj ET Q q 0 0 0 rg BT 158.02 636.75 Td (category ) Tj ET Q q 0 0 0 rg BT 194.95 636.75 Td (is ) Tj ET Q q 0 0 0 rg BT 204.12 636.75 Td (set ) Tj ET Q q 0 0 0 rg BT 217.72 636.75 Td (forth ) Tj ET Q q 0 0 0 rg BT 239.66 636.75 Td (below:) Tj ET Q 1 1 1 rg /GS0 gs 49.00 585.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 555.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 555.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 555.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 555.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 555.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 555.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 555.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 525.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 525.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 525.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 525.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 525.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 525.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 525.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 495.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 495.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 495.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 495.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 495.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 495.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 495.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 465.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 465.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 465.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 465.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 465.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 465.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 465.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 435.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 435.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 435.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 435.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 435.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 435.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 435.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 405.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 405.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 405.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 405.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 405.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 405.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 405.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 375.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 375.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 375.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 375.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 375.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 375.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 375.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 345.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 345.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 345.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 345.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 345.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 345.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 345.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 315.25 321.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 315.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 315.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 315.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 315.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 315.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 315.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 626.25 m 498 612.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 612.25 m 498 598.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 598.25 m 498 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 585.25 m 430 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 570.25 m 430 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 585.25 m 434 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 585.25 m 494 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 570.25 m 494 570.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 585.25 m 498 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 585.25 m 562 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 570.25 m 562 570.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 570.25 m 498 555.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 555.25 m 498 540.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 540.25 m 498 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 510.25 m 430 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 510.25 m 494 510.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 525.25 m 498 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 510.25 m 562 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 510.25 m 430 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 495.25 m 430 495.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 510.25 m 494 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 495.25 m 494 495.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 510.25 m 498 495.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 510.25 m 562 510.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 495.25 m 562 495.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 495.25 m 498 480.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 480.25 m 498 465.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 450.25 m 430 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 450.25 m 494 450.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 465.25 m 498 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 450.25 m 562 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 450.25 m 430 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 435.25 m 430 435.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 450.25 m 494 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 435.25 m 494 435.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 450.25 m 498 435.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 450.25 m 562 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 435.25 m 562 435.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 435.25 m 498 420.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 420.25 m 498 405.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 390.25 m 430 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 390.25 m 494 390.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 405.25 m 498 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 390.25 m 562 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 390.25 m 430 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 375.25 m 430 375.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 390.25 m 494 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 375.25 m 494 375.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 390.25 m 498 375.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 390.25 m 562 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 375.25 m 562 375.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 375.25 m 498 360.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 360.25 m 498 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 330.25 m 430 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 330.25 m 494 330.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 345.25 m 498 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 330.25 m 562 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 330.25 m 430 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 315.25 m 430 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 330.25 m 494 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 315.25 m 494 315.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 330.25 m 498 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 330.25 m 562 330.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 315.25 m 562 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 315.25 m 430 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 300.25 m 430 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 315.25 m 494 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 300.25 m 494 300.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 315.25 m 498 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 315.25 m 562 315.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 300.25 m 562 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 300.25 m 430 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 286.25 m 430 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 284.25 m 430 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 300.25 m 494 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 286.25 m 494 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 284.25 m 494 284.25 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 498 300.25 m 498 285.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 300.25 m 562 300.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 286.25 m 562 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 284.25 m 562 284.25 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.80 616.70 Td (Successor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 616.70 Td (Pr) Tj ET Q q 0 0 0 rg BT 518.06 616.70 Td (edecessor) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.95 602.70 Td (Y) Tj ET Q q 0 0 0 rg BT 415.95 602.70 Td (ear) Tj ET Q q 0 0 0 rg BT 427.86 602.70 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.95 602.70 Td (Y) Tj ET Q q 0 0 0 rg BT 515.95 602.70 Td (ear) Tj ET Q q 0 0 0 rg BT 527.86 602.70 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 589.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.30 589.65 Td (December) Tj ET Q q 0 0 0 rg BT 444.19 589.65 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.30 589.65 Td (December) Tj ET Q q 0 0 0 rg BT 544.19 589.65 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 574.70 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.50 574.70 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.50 574.70 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.35 559.70 Td (in millions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 545.82 Td (Consumer cable revenue \(a\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 530.82 Td ( Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 529.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 529.92 Td (1,980.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 529.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 529.92 Td (2,042.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 529.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 529.92 Td (2,089.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 515.82 Td ( Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 514.92 Td (17.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 514.92 Td (26.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 514.92 Td (34.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 500.82 Td ( ) Tj ET Q q 0 0 0 rg BT 64.91 500.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.58 500.82 Td (otal consumer cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 499.92 Td (1,998.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 499.92 Td (2,069.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 499.92 Td (2,124.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 485.82 Td (Consumer mobile revenue \(b\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 470.82 Td ( Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 469.92 Td (669.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 469.92 Td (744.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 469.92 Td (30.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 455.82 Td ( Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 454.92 Td (215.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 454.92 Td (128.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 454.92 Td (4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 440.82 Td ( ) Tj ET Q q 0 0 0 rg BT 64.91 440.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.58 440.82 Td (otal consumer mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 439.92 Td (885.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 439.92 Td (873.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 439.92 Td (34.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 425.82 Td (B2B cable revenue \(c\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 410.82 Td ( Subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 409.92 Td (407.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 409.92 Td (376.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 409.92 Td (239.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 395.82 Td ( Non-subscription revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 394.92 Td (24.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 394.92 Td (25.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 394.92 Td (16.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 380.82 Td ( ) Tj ET Q q 0 0 0 rg BT 64.91 380.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.58 380.82 Td (otal B2B cable revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 379.92 Td (431.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 379.92 Td (401.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 379.92 Td (255.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 365.82 Td (B2B mobile revenue \(d\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 350.82 Td ( Service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 349.92 Td (430.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 349.92 Td (526.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 349.92 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 335.82 Td ( Non-service revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 334.92 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 334.92 Td (77.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 334.92 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 320.82 Td ( ) Tj ET Q q 0 0 0 rg BT 64.82 320.82 Td (T) Tj ET Q q 0 0 0 rg BT 70.23 320.82 Td (otal B2B mobile revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 319.92 Td (530.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 319.92 Td (604.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 319.92 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 305.82 Td (Other revenue \(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 304.92 Td (50.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 304.92 Td (46.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 304.92 Td (15.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 290.82 Td (T) Tj ET Q q 0 0 0 rg BT 74.91 290.82 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 289.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 289.92 Td (3,895.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 289.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 289.92 Td (3,995.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 289.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 289.92 Td (2,430.6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.75 Td (_______________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.75 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 249.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 122.55 249.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 148.58 249.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 185.16 249.75 Td (is ) Tj ET Q q 0 0 0 rg BT 196.77 249.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 239.47 249.75 Td (as ) Tj ET Q q 0 0 0 rg BT 252.74 249.75 Td (either ) Tj ET Q q 0 0 0 rg BT 280.44 249.75 Td (subscription ) Tj ET Q q 0 0 0 rg BT 334.27 249.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 370.85 249.75 Td (or ) Tj ET Q q 0 0 0 rg BT 384.12 249.75 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 456.28 249.75 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 495.36 249.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 541.41 249.75 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 237.75 Td (subscription ) Tj ET Q q 0 0 0 rg BT 127.86 237.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 161.99 237.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 197.79 237.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 231.91 237.75 Td (from ) Tj ET Q q 0 0 0 rg BT 253.83 237.75 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 301.29 237.75 Td (for ) Tj ET Q q 0 0 0 rg BT 315.43 237.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 350.69 237.75 Td (broadband ) Tj ET Q q 0 0 0 rg BT 395.37 237.75 Td (internet, ) Tj ET Q q 0 0 0 rg BT 430.89 237.75 Td (video, ) Tj ET Q q 0 0 0 rg BT 458.08 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.00 237.75 Td (voice ) Tj ET Q q 0 0 0 rg BT 499.13 237.75 Td (services ) Tj ET Q q 0 0 0 rg BT 533.82 237.75 Td (of) Tj ET Q q 0 0 0 rg BT 541.96 237.75 Td (fered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 225.75 Td (to ) Tj ET Q q 0 0 0 rg BT 86.31 225.75 Td (residential ) Tj ET Q q 0 0 0 rg BT 129.98 225.75 Td (customers. ) Tj ET Q q 0 0 0 rg BT 175.06 225.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 218.20 225.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 241.32 225.75 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 310.56 225.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 344.23 225.75 Td (includes, ) Tj ET Q q 0 0 0 rg BT 382.09 225.75 Td (among ) Tj ET Q q 0 0 0 rg BT 411.33 225.75 Td (other ) Tj ET Q q 0 0 0 rg BT 433.91 225.75 Td (items, ) Tj ET Q q 0 0 0 rg BT 460.10 225.75 Td (channel ) Tj ET Q q 0 0 0 rg BT 493.22 225.75 Td (carriage ) Tj ET Q q 0 0 0 rg BT 527.44 225.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 548.07 225.75 Td (late ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 213.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 97.64 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.62 213.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 148.80 213.75 Td (from ) Tj ET Q q 0 0 0 rg BT 170.78 213.75 Td (the ) Tj ET Q q 0 0 0 rg BT 185.54 213.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 203.63 213.75 Td (of ) Tj ET Q q 0 0 0 rg BT 214.50 213.75 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 261.19 213.75 Td (As ) Tj ET Q q 0 0 0 rg BT 274.84 213.75 Td (described ) Tj ET Q q 0 0 0 rg BT 315.70 213.75 Td (in ) Tj ET Q q 0 0 0 rg BT 326.02 213.75 Td (note ) Tj ET Q q 0 0 0 rg BT 345.78 213.75 Td (2, ) Tj ET Q q 0 0 0 rg BT 355.82 213.75 Td (we ) Tj ET Q q 0 0 0 rg BT 370.02 213.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 403.65 213.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 426.20 213.75 Td (2014-09 ) Tj ET Q q 0 0 0 rg BT 462.07 213.75 Td (on ) Tj ET Q q 0 0 0 rg BT 474.61 213.75 Td (January ) Tj ET Q q 0 0 0 rg BT 508.25 213.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 518.29 213.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 540.83 213.75 Td (using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 91.61 201.75 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 138.94 201.75 Td (ef) Tj ET Q q 0 0 0 rg BT 146.53 201.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 164.41 201.75 Td (transition ) Tj ET Q q 0 0 0 rg BT 205.08 201.75 Td (method. ) Tj ET Q q 0 0 0 rg BT 240.48 201.75 Td (For ) Tj ET Q q 0 0 0 rg BT 257.27 201.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 289.60 201.75 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 336.94 201.75 Td (to ) Tj ET Q q 0 0 0 rg BT 347.62 201.75 Td (our ) Tj ET Q q 0 0 0 rg BT 363.84 201.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 401.74 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 412.33 201.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 435.23 201.75 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 473.96 201.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 521.29 201.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 555.84 201.75 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 189.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 115.91 189.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 151.43 189.75 Td (and ) Tj ET Q q 0 0 0 rg BT 168.08 189.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 214.15 189.75 Td (over ) Tj ET Q q 0 0 0 rg BT 234.13 189.75 Td (the ) Tj ET Q q 0 0 0 rg BT 248.56 189.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 295.19 189.75 Td (period ) Tj ET Q q 0 0 0 rg BT 322.95 189.75 Td (as ) Tj ET Q q 0 0 0 rg BT 333.49 189.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 374.58 189.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 397.88 189.75 Td (subscription ) Tj ET Q q 0 0 0 rg BT 448.98 189.75 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 485.33 189.75 Td (For ) Tj ET Q q 0 0 0 rg BT 501.44 189.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 533.09 189.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 554.74 189.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 177.75 Td (our ) Tj ET Q q 0 0 0 rg BT 92.49 177.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 130.15 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.55 177.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 163.21 177.75 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 201.70 177.75 Td (installation ) Tj ET Q q 0 0 0 rg BT 248.80 177.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 283.11 177.75 Td (is ) Tj ET Q q 0 0 0 rg BT 292.44 177.75 Td (included ) Tj ET Q q 0 0 0 rg BT 329.53 177.75 Td (in ) Tj ET Q q 0 0 0 rg BT 339.97 177.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 381.51 177.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 405.26 177.75 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 475.14 177.75 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 511.94 177.75 Td (Subscription ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 165.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.62 165.75 Td (from ) Tj ET Q q 0 0 0 rg BT 132.52 165.75 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 179.98 165.75 Td (who ) Tj ET Q q 0 0 0 rg BT 199.67 165.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 237.68 165.75 Td (bundled ) Tj ET Q q 0 0 0 rg BT 272.37 165.75 Td (services ) Tj ET Q q 0 0 0 rg BT 307.04 165.75 Td (at ) Tj ET Q q 0 0 0 rg BT 316.73 165.75 Td (a ) Tj ET Q q 0 0 0 rg BT 323.64 165.75 Td (discounted ) Tj ET Q q 0 0 0 rg BT 369.43 165.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 386.89 165.75 Td (is ) Tj ET Q q 0 0 0 rg BT 396.03 165.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 435.70 165.75 Td (allocated ) Tj ET Q q 0 0 0 rg BT 474.26 165.75 Td (proportionally ) Tj ET Q q 0 0 0 rg BT 533.94 165.75 Td (to ) Tj ET Q q 0 0 0 rg BT 544.19 165.75 Td (each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 153.75 Td (service ) Tj ET Q q 0 0 0 rg BT 107.84 153.75 Td (based ) Tj ET Q q 0 0 0 rg BT 133.63 153.75 Td (on ) Tj ET Q q 0 0 0 rg BT 146.65 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 161.89 153.75 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 211.00 153.75 Td (price ) Tj ET Q q 0 0 0 rg BT 234.01 153.75 Td (for ) Tj ET Q q 0 0 0 rg BT 248.69 153.75 Td (each ) Tj ET Q q 0 0 0 rg BT 270.03 153.75 Td (individual ) Tj ET Q q 0 0 0 rg BT 313.60 153.75 Td (service. ) Tj ET Q q 0 0 0 rg BT 346.77 153.75 Td (As ) Tj ET Q q 0 0 0 rg BT 360.91 153.75 Td (a ) Tj ET Q q 0 0 0 rg BT 368.37 153.75 Td (result, ) Tj ET Q q 0 0 0 rg BT 396.10 153.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 431.33 153.75 Td (in ) Tj ET Q q 0 0 0 rg BT 442.13 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 457.37 153.75 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 506.49 153.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 537.83 153.75 Td (of ) Tj ET Q q 0 0 0 rg BT 549.18 153.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 141.75 Td (cable ) Tj ET Q q 0 0 0 rg BT 99.88 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 116.61 141.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 146.67 141.75 Td (products ) Tj ET Q q 0 0 0 rg BT 183.39 141.75 Td (or ) Tj ET Q q 0 0 0 rg BT 194.01 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 208.51 141.75 Td (composition ) Tj ET Q q 0 0 0 rg BT 260.24 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 270.86 141.75 Td (bundles ) Tj ET Q q 0 0 0 rg BT 304.25 141.75 Td (can ) Tj ET Q q 0 0 0 rg BT 320.42 141.75 Td (contribute ) Tj ET Q q 0 0 0 rg BT 363.24 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 373.31 141.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 407.80 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 417.87 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 433.48 141.75 Td (product ) Tj ET Q q 0 0 0 rg BT 466.32 141.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 500.25 141.75 Td (categories ) Tj ET Q q 0 0 0 rg BT 543.07 141.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 129.75 Td (period ) Tj ET Q q 0 0 0 rg BT 104.55 129.75 Td (to ) Tj ET Q q 0 0 0 rg BT 114.83 129.75 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.75 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 105.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 119.74 105.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 149.65 105.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 183.43 105.75 Td (is ) Tj ET Q q 0 0 0 rg BT 192.24 105.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 232.14 105.75 Td (as ) Tj ET Q q 0 0 0 rg BT 242.60 105.75 Td (either ) Tj ET Q q 0 0 0 rg BT 267.50 105.75 Td (service ) Tj ET Q q 0 0 0 rg BT 297.95 105.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 331.73 105.75 Td (or ) Tj ET Q q 0 0 0 rg BT 342.20 105.75 Td (non-service ) Tj ET Q q 0 0 0 rg BT 390.98 105.75 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 427.26 105.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 470.50 105.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 500.41 105.75 Td (service ) Tj ET Q q 0 0 0 rg BT 530.86 105.75 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 93.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 112.80 93.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 147.43 93.75 Td (from ) Tj ET Q q 0 0 0 rg BT 169.84 93.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 205.60 93.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 236.35 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 253.77 93.75 Td (data ) Tj ET Q q 0 0 0 rg BT 273.40 93.75 Td (services ) Tj ET Q q 0 0 0 rg BT 308.59 93.75 Td (of) Tj ET Q q 0 0 0 rg BT 316.74 93.75 Td (fered ) Tj ET Q q 0 0 0 rg BT 340.25 93.75 Td (under ) Tj ET Q q 0 0 0 rg BT 366.00 93.75 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 402.87 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 420.28 93.75 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 453.25 93.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 510.09 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 520.85 93.75 Td (residential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 81.75 Td (customers. ) Tj ET Q q 0 0 0 rg BT 121.99 81.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 165.53 81.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.75 81.75 Td (non-service ) Tj ET Q q 0 0 0 rg BT 244.83 81.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 278.91 81.75 Td (includes, ) Tj ET Q q 0 0 0 rg BT 317.18 81.75 Td (among ) Tj ET Q q 0 0 0 rg BT 346.83 81.75 Td (other ) Tj ET Q q 0 0 0 rg BT 369.82 81.75 Td (items, ) Tj ET Q q 0 0 0 rg BT 396.42 81.75 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 448.28 81.75 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 484.87 81.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 515.08 81.75 Td (handset ) Tj ET Q q 0 0 0 rg BT 548.06 81.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 69.75 Td (accessories ) Tj ET Q q 0 0 0 rg BT 123.98 69.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 145.91 69.75 Td (and ) Tj ET Q q 0 0 0 rg BT 162.85 69.75 Td (late ) Tj ET Q q 0 0 0 rg BT 179.79 69.75 Td (fees. ) Tj ET Q endstream endobj 183 0 obj <> endobj 184 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.45 760.75 Td (V) Tj ET Q q 0 0 0 rg BT 238.47 760.75 Td (ODAFONEZIGGO GROUP) Tj ET Q q 0 0 0 rg BT 360.42 760.75 Td ( B.V) Tj ET Q q 0 0 0 rg BT 378.03 760.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.85 748.75 Td (Notes to Consolidated Financial Statements \(Continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.60 736.75 Td (December) Tj ET Q q 0 0 0 rg BT 275.73 736.75 Td ( 31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 33.60 Td (II-70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 708.60 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 708.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 96.79 708.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 119.83 708.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 153.42 708.60 Td (is ) Tj ET Q q 0 0 0 rg BT 162.04 708.60 Td (classified ) Tj ET Q q 0 0 0 rg BT 201.75 708.60 Td (as ) Tj ET Q q 0 0 0 rg BT 212.03 708.60 Td (either ) Tj ET Q q 0 0 0 rg BT 236.74 708.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 287.57 708.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 321.16 708.60 Td (or ) Tj ET Q q 0 0 0 rg BT 331.44 708.60 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 400.61 708.60 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 436.70 708.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 456.99 708.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 480.03 708.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 530.86 708.60 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 696.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 112.03 696.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 145.88 696.60 Td (from ) Tj ET Q q 0 0 0 rg BT 167.52 696.60 Td (business ) Tj ET Q q 0 0 0 rg BT 203.61 696.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 248.02 696.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 283.26 696.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 310.18 696.60 Td (voice, ) Tj ET Q q 0 0 0 rg BT 336.54 696.60 Td (and ) Tj ET Q q 0 0 0 rg BT 353.18 696.60 Td (data ) Tj ET Q q 0 0 0 rg BT 372.04 696.60 Td (services ) Tj ET Q q 0 0 0 rg BT 406.45 696.60 Td (of) Tj ET Q q 0 0 0 rg BT 414.60 696.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 437.33 696.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.32 696.60 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.54 696.60 Td (, ) Tj ET Q q 0 0 0 rg BT 479.24 696.60 Td (small ) Tj ET Q q 0 0 0 rg BT 503.11 696.60 Td (and ) Tj ET Q q 0 0 0 rg BT 519.75 696.60 Td (medium ) Tj ET Q q 0 0 0 rg BT 554.73 696.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 684.60 Td (lar) Tj ET Q q 0 0 0 rg BT 86.87 684.60 Td (ge ) Tj ET Q q 0 0 0 rg BT 98.23 684.60 Td (enterprises. ) Tj ET Q q 0 0 0 rg BT 145.96 684.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 166.22 684.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 189.24 684.60 Td (non-subscription ) Tj ET Q q 0 0 0 rg BT 258.38 684.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 291.94 684.60 Td (includes, ) Tj ET Q q 0 0 0 rg BT 329.69 684.60 Td (among ) Tj ET Q q 0 0 0 rg BT 358.83 684.60 Td (other ) Tj ET Q q 0 0 0 rg BT 381.30 684.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 407.38 684.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 440.95 684.60 Td (from ) Tj ET Q q 0 0 0 rg BT 462.31 684.60 Td (hosting ) Tj ET Q q 0 0 0 rg BT 493.68 684.60 Td (services, ) Tj ET Q q 0 0 0 rg BT 530.31 684.60 Td (carriage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 672.60 Td (fees, ) Tj ET Q q 0 0 0 rg BT 97.60 672.60 Td (and ) Tj ET Q q 0 0 0 rg BT 114.54 672.60 Td (interconnect. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 648.60 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 648.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 97.60 648.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 128.14 648.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 162.55 648.60 Td (is ) Tj ET Q q 0 0 0 rg BT 171.99 648.60 Td (classified ) Tj ET Q q 0 0 0 rg BT 212.52 648.60 Td (as ) Tj ET Q q 0 0 0 rg BT 223.61 648.60 Td (either ) Tj ET Q q 0 0 0 rg BT 249.14 648.60 Td (service ) Tj ET Q q 0 0 0 rg BT 280.22 648.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 314.63 648.60 Td (or ) Tj ET Q q 0 0 0 rg BT 325.73 648.60 Td (non-service ) Tj ET Q q 0 0 0 rg BT 375.14 648.60 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 412.05 648.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 433.15 648.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.69 648.60 Td (service ) Tj ET Q q 0 0 0 rg BT 494.77 648.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 529.18 648.60 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 636.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 110.80 636.60 Td (from ) Tj ET Q q 0 0 0 rg BT 132.89 636.60 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 168.32 636.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 198.75 636.60 Td (and ) Tj ET Q q 0 0 0 rg BT 215.84 636.60 Td (data ) Tj ET Q q 0 0 0 rg BT 235.15 636.60 Td (services ) Tj ET Q q 0 0 0 rg BT 270.01 636.60 Td (of) Tj ET Q q 0 0 0 rg BT 278.16 636.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 301.35 636.60 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.79 636.60 Td (SOHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.01 636.60 Td (, ) Tj ET Q q 0 0 0 rg BT 344.17 636.60 Td (small, ) Tj ET Q q 0 0 0 rg BT 370.98 636.60 Td (and ) Tj ET Q q 0 0 0 rg BT 388.08 636.60 Td (medium ) Tj ET Q q 0 0 0 rg BT 423.50 636.60 Td (to ) Tj ET Q q 0 0 0 rg BT 433.94 636.60 Td (lar) Tj ET Q q 0 0 0 rg BT 444.30 636.60 Td (ge ) Tj ET Q q 0 0 0 rg BT 456.40 636.60 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 498.47 636.60 Td (customers. ) Tj ET Q q 0 0 0 rg BT 544.17 636.60 Td (B2B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 624.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 106.74 624.60 Td (non-service ) Tj ET Q q 0 0 0 rg BT 155.85 624.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 189.96 624.60 Td (includes, ) Tj ET Q q 0 0 0 rg BT 228.25 624.60 Td (among ) Tj ET Q q 0 0 0 rg BT 257.93 624.60 Td (other ) Tj ET Q q 0 0 0 rg BT 280.94 624.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 307.57 624.60 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 359.46 624.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 396.07 624.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 426.30 624.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 459.32 624.60 Td (and ) Tj ET Q q 0 0 0 rg BT 476.22 624.60 Td (accessories ) Tj ET Q q 0 0 0 rg BT 523.66 624.60 Td (sales ) Tj ET Q q 0 0 0 rg BT 545.56 624.60 Td (and, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 612.60 Td (late ) Tj ET Q q 0 0 0 rg BT 93.43 612.60 Td (fees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.60 Td (\(e\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 588.60 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.39 588.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 135.15 588.60 Td (includes, ) Tj ET Q q 0 0 0 rg BT 173.09 588.60 Td (among ) Tj ET Q q 0 0 0 rg BT 202.42 588.60 Td (other ) Tj ET Q q 0 0 0 rg BT 225.09 588.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 251.37 588.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 307.92 588.60 Td (and ) Tj ET Q q 0 0 0 rg BT 324.47 588.60 Td (advertising ) Tj ET Q q 0 0 0 rg BT 371.02 588.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 404.79 588.60 Td (and ) Tj ET Q q 0 0 0 rg BT 421.34 588.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 455.10 588.60 Td (related ) Tj ET Q q 0 0 0 rg BT 484.42 588.60 Td (to ) Tj ET Q q 0 0 0 rg BT 494.32 588.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 523.64 588.60 Td (personnel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 576.60 Td (services ) Tj ET Q q 0 0 0 rg BT 111.21 576.60 Td (provided ) Tj ET Q q 0 0 0 rg BT 149.25 576.60 Td (to ) Tj ET Q q 0 0 0 rg BT 159.35 576.60 Td (V) Tj ET Q q 0 0 0 rg BT 165.28 576.60 Td (odafone ) Tj ET Q q 0 0 0 rg BT 199.99 576.60 Td (and ) Tj ET Q q 0 0 0 rg BT 216.93 576.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 248.86 576.60 Td (Global.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.15 552.60 Td (APPENDIX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 528.60 Td (The ) Tj ET Q q 0 0 0 rg BT 86.10 528.60 Td (following ) Tj ET Q q 0 0 0 rg BT 128.04 528.60 Td (chart ) Tj ET Q q 0 0 0 rg BT 151.09 528.60 Td (provides ) Tj ET Q q 0 0 0 rg BT 188.58 528.60 Td (our ) Tj ET Q q 0 0 0 rg BT 204.97 528.60 Td (simplified ) Tj ET Q q 0 0 0 rg BT 248.57 528.60 Td (corporate ) Tj ET Q q 0 0 0 rg BT 289.38 528.60 Td (structure ) Tj ET Q q 0 0 0 rg BT 327.42 528.60 Td (after ) Tj ET Q q 0 0 0 rg BT 348.79 528.60 Td (giving ) Tj ET Q q 0 0 0 rg BT 377.41 528.60 Td (ef) Tj ET Q q 0 0 0 rg BT 385.00 528.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 403.04 528.60 Td (to ) Tj ET Q q 0 0 0 rg BT 413.87 528.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 444.13 528.60 Td (mer) Tj ET Q q 0 0 0 rg BT 459.49 528.60 Td (gers ) Tj ET Q q 0 0 0 rg BT 479.21 528.60 Td (and ) Tj ET Q q 0 0 0 rg BT 496.70 528.60 Td (transactions ) Tj ET Q q 0 0 0 rg BT 547.52 528.60 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (were ) Tj ET Q q 0 0 0 rg BT 71.43 516.60 Td (completed ) Tj ET Q q 0 0 0 rg BT 115.58 516.60 Td (during ) Tj ET Q q 0 0 0 rg BT 144.19 516.60 Td (2018: ) Tj ET Q /GS0 gs q 513.00 0 0 393.65 49.50 105.95 cm /I2 Do Q BT /F1 10.00 Tf ET endstream endobj 185 0 obj <> /View <>>>>> endobj 186 0 obj <> /View <>>>>> endobj 187 0 obj <> endobj 188 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;