comprehensive annual financial report-fy2006

7/30/2019 Comprehensive Annual Financial Report-FY2006

http://slidepdf.com/reader/full/comprehensive-annual-financial-report-fy2006 1/126

Gevexxa Naiickc @l~pxlnpNax~lnege) Pce~

Namzxcfcg~lvc Eggsei Olgegnlei Xczaxp\cex~ Cg`c` Esks~p >5) 8::? eg` 8::3

Zxczexc` h|2Gevexxa Naiickc @l~pxlnp

Olgegnc @czexpmcgp



vl

^pepcmcgp ao Gcp E~~cp~

Pfc ^pepcmcgp ao Gcp E~~cp~ l~ `lvl`c` lgpa pfxcc ~cnplag~2 E~~cp~ &nsxxcgp eg` gagnsxxcgp,Ilehlilplc~ &nsxxcgp eg` gagnsxxcgp, eg` Gcp E~~cp~ &lgvc~pc` lg nezlpei) xc~pxlnpc` eg`sgxc~pxlnpc`,' Pfc oaapgapc~ pa pfc olgegnlei ~pepcmcgp~ `l~ns~~ pfc `loocxcgnc hcp{ccg nsxxcgpeg` gagnsxxcgp'

E~~cp~) Ilehlilplc~ eg` Gcp E~~cp~

ep Esks~p >5) 8::?

$56);0;)>?8

$06):??)<>>

$6)>;;)>38

$8<)8><)6<<

$8<)5<;):00

Nsxxcgp E~~cp~ Gagnsxxcgp E~~cp~ Nsxxcgp Ilehlilplc~

Gagnsxxcgp Ilehlilplc~ Gcp E~~cp~

Papei ne~f eg` lgvc~pmcgp~ oax Esks~p >5) 8::? {cxc $53)>60)5?;) namzexc` pa $58)6;<)<?5 epEsks~p >5) 8::3' Pfc lgnxce~c {e~ ̀ sc pa e``lplagei 8::? ̂ cxlc~ hag` zxancc`~'

Papei ilehlilplc~ lgnxce~c` oxam $>3):?;)>33 ep Esks~p >5) 8::3 pa $>;)?5;)835 ep Esks~p >5)8::?' Pfc mebax oenpax nagpxlhsplgk pa pfc lgnxce~c lg ilehlilplc~ {e~ pfc l~~segnc ao pfc ^cxlc~8::? Xcvcgsc Hag`~ lg pfc emasgp ao $>)33:):::'

Gcp e~~cp~ l~ `lvl`c` lgpa pfxcc ~cnplag~2 Lgvc~pc` lg nezlpei e~~cp~) gcp ao `chp4 xc~pxlnpc` gcpe~~cp~ eg` sgxc~pxlnpc` gcp e~~cp~' Papei gcp e~~cp~ lgnxce~c` oxam $86)0<8)3<5 ep Esks~p >5)8::3 pa $8<)5<;):00 ep Esks~p >5) 8::?'

^pepcmcgp ao Xcvcgsc~) Czcg~c~ eg` Nfegkc~ lg Gcp E~~cp~

Pfc ^pepcmcgp ao Xcvcgsc~) Czcg~c~ eg` Nfegkc~ lg Gcp E~~cp~ l~ pfc enplvlp| pfep xc~sipc` lgpfc nfegkc lg gcp e~~cp~ xcoicnpc` lg pfc ^pepcmcgp ao Gcp E~~cp~' Pfc ^pepcmcgp ao Xcvcgsc~)Czcg~c~ eg` Nfegkc~ lg Gcp E~~cp~ l~ `lvl`c` lgpa olvc ~cnplag~2 Azcxeplgk Xcvcgsc~4Gagazcxeplgk Xcvcgsc~4 Azcxeplgk Czcg~c~4 Gagazcxeplgk Czcg~c~4 eg` Apfcx Xcvcgsc~)&czcg~c~,) Kelg~) &ia~~c~,' Pfc Megekcmcgp“~ @l~ns~~lag eg` Egei|~l~ zxavl`c~ `cpeli ag pfczsxza~c ao pfl~ ~pepcmcgp e~ {cii e~ e nag`cg~c` vcx~lag ao pfc ~pepcmcgp'



vvlll



BE\GC^) XCLPMCLCX) HA\@ / PFCXXCII) Z'N'Ncxplolc` Zshiln Ennasgpegp~

30:: Ha~usc Hiv`') ^slpc 3::) [ena) Pce~ ;?;5:

Z'A' Ha ;?5? [ena) Pce~ ;?;50-;?5?

Zfagc 830';;?'05<: Oe 830';;?'606<

[ch {{{'bxhp'nam

Eg Lg`czcg`cgp Mcmhcx ao pfc H@A ^cl`meg Eiilegnc

Lg`czcg`cgp Es`lpax~+ Xczaxp

Pfc Haex` ao Pxs~pcc~

Gevexxa Naiickc @l~pxlnp2

[c fevc es`lpc` pfc ennamzeg|lgk olgegnlei ~pepcmcgp~ ao pfc hs~lgc~~-p|zc enplvlplc~ eg` pfc

`l~nxcpci| zxc~cgpc` namzagcgp sglp ao Gevexxa Naiickc @l~pxlnp &pfc @l~pxlnp, e~ ao eg` oax pfc

|cex cg`c` Esks~p >5) 8::?) {flnf naiicnplvci| namzxl~c pfc @l~pxlnp“~ he~ln olgegnlei

~pepcmcgp~ e~ il~pc` lg pfc pehic ao nagpcgp~' Pfc~c olgegnlei ~pepcmcgp~ exc pfc xc~zag~lhlilp| ao pfc @l~pxlnp+~ megekcmcgp' Asx xc~zag~lhlilp| l~ pa czxc~~ azlglag~ ag pfc~c olgegnlei

~pepcmcgp~ he~c` ag asx es`lp~' [c `l` gap es`lp pfc olgegnlei ~pepcmcgp~ ao Gevexxa Naiickc

Oasgèplag) Lgn' &pfc Oasgèplag,) e `l~nxcpci| zxc~cgpc` namzagcgp sglp ao pfc @l~pxlnp' Pfa~c

olgegnlei ~pepcmcgp~ {cxc es`lpc` h| apfcx es`lpax~ {fa~c xczaxp~ pfcxcag fevc hccg osxgl~fc`

pa s~) eg` asx azlglag ag pfa~c olgegnlei ~pepcmcgp~) lg~aoex e~ lp xciepc~ pa pfc emasgp~ lgnis`c`

oax pfc Oasgèplag) {e~ he~c` ag pfc xczaxp~ ao pfc apfcx es`lpax~' Pfc olgegnlei ~pepcmcgp~ ao

pfc Oasgèplag {cxc gap es`lpc` lg ennaxègnc {lpf Kavcxgmcgp Es`lplgk ^pegèx`~' Pfc

olgegnlei ~pepcmcgp~ ao pfc @l~pxlnp e~ ao eg` oax pfc |cex cg`c` Esks~p >5) 8::3) {cxc es`lpc`

h| apfcx es`lpax~ {fa~c xczaxp èpc` Gavcmhcx 5) 8::3) czxc~~c` eg sguseilolc` azlglag ag

pfa~c ~pepcmcgp~' E~ `l~ns~~c` lg Gapc 88 pa pfc olgegnlei ~pepcmcgp~) pfc @l~pxlnp fe~ xc~pepc`

lp~ 8::3 olgegnlei ~pepcmcgp~ `sxlgk pfc nsxxcgp |cex pa zxazcxi| xcnax` xcnclvehic~) nezlpeie~~cp~) eg` iagk-pcxm `chp lg nagoaxmlp| {lpf ennasgplgk zxlgnlzic~ kcgcxeii| ennczpc` lg pfc

Sglpc` ^pepc~ ao Emcxlne' Pfc apfcx es`lpax xczaxp~ ag pfc 8::3 olgegnlei ~pepcmcgp~ hcoaxc pfc

xc~pepcmcgp'

[c nag`snpc` asx es`lp~ lg ennaxègnc {lpf es`lplgk ~pegèx`~ kcgcxeii| ennczpc` lg pfc Sglpc`

^pepc~ ao Emcxlne eg` pfc ~pegèx`~ ezzilnehic pa olgegnlei es`lp~ nagpelgc` lg Kavcxgmcgp

Es`lplgk ^pegèx`~) l~~sc` h| pfc Namzpxaiicx Kcgcxei ao pfc Sglpc` ^pepc~' Pfa~c ~pegèx`~

xcuslxc pfep {c zieg eg` zcxoaxm pfc es`lp~ pa ahpelg xce~agehic e~~sxegnc ehasp {fcpfcx pfc

olgegnlei ~pepcmcgp~ exc oxcc ao mepcxlei ml~~pepcmcgp' Pfc olgegnlei ~pepcmcgp~ ao pfc

Oasgèplag {cxc gap es`lpc` lg ennaxègnc {lpf Kavcxgmcgp Es`lplgk ^pegèx`~' Eg es`lp

lgnis`c~ cemlglgk) ag e pc~p he~l~) cvl`cgnc ~szzaxplgk pfc emasgp~ eg` `l~nia~sxc~ lg pfcolgegnlei ~pepcmcgp~' Eg es`lp ei~a lgnis`c~ e~~c~~lgk pfc ennasgplgk zxlgnlzic~ s~c` eg`

~lkglolnegp c~plmepc~ me`c h| megekcmcgp) e~ {cii e~ cveiseplgk pfc avcxeii olgegnlei ~pepcmcgp

zxc~cgpeplag' [c hcilcvc pfep asx es`lp~ eg` pfc xczaxp ao pfc apfcx es`lpax~ zxavl`c e

xce~agehic he~l~ oax asx azlglag~'

>





Z'A' Ha ;?5? [ena) Pce~ ;?;50-;?5?

Zfagc 830';;?'05<: Oe 830';;?'606<

[ch {{{'bxhp'nam

<5


Xczaxp ag Lgpcxgei Nagpxai Avcx Olgegnlei Xczaxplgk eg` agNamzilegnc eg` Apfcx Meppcx~ He~c` ag eg Es`lp ao Olgegnlei ^pepcmcgp~

Zcxoaxmc` lg Ennaxègnc {lpf Kavcxgmcgp Es`lplgk ^pegèx`~



[c fevc es`lpc` pfc olgegnlei ~pepcmcgp~ ao pfc hs~lgc~~-p|zc enplvlplc~ eg` pfc `l~nxcpci|

zxc~cgpc` namzagcgp sglp ao Gevexxa Naiickc @l~pxlnp &pfc @l~pxlnp, e~ ao eg` oax pfc |cex

cg`c` Esks~p >5) 8::?) {flnf naiicnplvci| namzxl~c pfc @l~pxlnp“~ he~ln olgegnlei ~pepcmcgp~)

eg` fevc l~~sc` asx xczaxp pfcxcag èpc` Gavcmhcx 6) 8::?' [c nag`snpc` asx es`lp lg

ennaxègnc {lpf es`lplgk ~pegèx`~ kcgcxeii| ennczpc` lg pfc Sglpc` ^pepc~ ao Emcxlne eg` pfc~pegèx`~ ezzilnehic pa olgegnlei es`lp~ nagpelgc` lg Kavcxgmcgp Es`lplgk ^pegèx`~) l~~sc` h|

pfc Namzpxaiicx Kcgcxei ao pfc Sglpc` ^pepc~' [c `l` gap es`lp pfc olgegnlei ~pepcmcgp~ ao

Gevexxa Naiickc Oasgèplag) e `l~nxcpci| zxc~cgpc` namzagcgp sglp' Pfa~c olgegnlei

~pepcmcgp~ {cxc es`lpc` h| apfcx es`lpax~ {fa~c xczaxp pfcxcag fe~ hccg osxgl~fc` pa s~) eg`

asx azlglag ag pfa~c olgegnlei ~pepcmcgp~) lg~aoex e~ lp xciepc~ pa pfc emasgp~ lgnis`c` oax

Gevexxa Naiickc Oasgèplag &pfc Oasgèplag,) {e~ he~c` ~aici| ag pfc xczaxp ao pfc apfcx

es`lpax~' Pfc olgegnlei ~pepcmcgp~ ao pfc Oasgèplag {cxc gap es`lpc` lg ennaxègnc {lpf

Kavcxgmcgp Es`lplgk ^pegèx`~'

Lgpcxgei Nagpxai Avcx Olgegnlei Xczaxplgk

Lg ziegglgk eg` zcxoaxmlgk asx es`lp) {c nag~l`cxc` pfc @l~pxlnp+~ lgpcxgei nagpxai avcx

olgegnlei xczaxplgk lg ax`cx pa `cpcxmlgc asx es`lplgk zxanc`sxc~ oax pfc zsxza~c ao czxc~~lgk

asx azlglag~ ag pfc olgegnlei ~pepcmcgp~ eg` gap pa zxavl`c eg azlglag ag pfc lgpcxgei nagpxai

avcx olgegnlei xczaxplgk' Fa{cvcx) {c gapc` ncxpelg meppcx~ lgvaivlgk pfc lgpcxgei nagpxai avcx

olgegnlei xczaxplgk eg` lp~ azcxeplag pfep {c nag~l`cx pa hc xczaxpehic nag`lplag~' Xczaxpehic

nag`lplag~ lgvaivc meppcx~ namlgk pa asx eppcgplag xcieplgk pa ~lkglolnegp `colnlcgnlc~ lg pfc

`c~lkg ax azcxeplag ao pfc lgpcxgei nagpxai avcx olgegnlei xczaxplgk pfep) lg asx bs`kmcgp) nasi`

e`vcx~ci| eoocnp pfc @l~pxlnp“~ ehlilp| pa xcnax`) zxanc~~) ~smmexlrc) eg` xczaxp olgegnlei èpe

nag~l~pcgp {lpf pfc e~~cxplag~ ao megekcmcgp lg pfc olgegnlei ~pepcmcgp~' E xczaxpehic

nag`lplag l~ `c~nxlhc` lg pfc ennamzeg|lgk ~nfc`sic ao olg`lgk~ eg` usc~plagc` na~p~ e~ lpcm

8::?-5'

E mepcxlei {cedgc~~ l~ e xczaxpehic nag`lplag lg {flnf pfc `c~lkg ax azcxeplag ao agc ax maxc

ao pfc lgpcxgei nagpxai namzagcgp~ àc~ gap xc`snc pa e xcieplvci| ia{ icvci pfc xl~d pfep

ml~~pepcmcgp~ nes~c` h| cxxax ax oxes` lg emasgp~ pfep {asi` hc mepcxlei lg xcieplag pa pfc

olgegnlei ~pepcmcgp~ hclgk es`lpc` me| annsx eg` gap hc `cpcnpc` {lpflg e plmci| zcxla` h|





Z'A' Ha ;?5? [ena) Pce~ ;?;50-;?5?

Zfagc 830';;?'05<: Oe 830';;?'606<

[ch {{{'bxhp'nam

<>


Xczaxp ag Namzilegnc {lpf Xcuslxcmcgp~Ezzilnehic pa Cenf Mebax Oc`cxei eg` ^pepc Zxakxem eg`

Lgpcxgei Nagpxai Avcx Namzilegnc lg Ennaxègnc {lpf AMH Nlxnsiex E-5>>



Namzilegnc

[c fevc es`lpc` pfc namzilegnc ao Gevexxa Naiickc @l~pxlnp &pfc @l~pxlnp, {lpf pfc p|zc~ ao

namzilegnc xcuslxcmcgp~ `c~nxlhc` lg pfc S' ^' Aoolnc ao Megekcmcgp eg` Hs`kcp &AMH,

Nlxnsiex E-5>> Namzilegnc ^szzicmcgp eg` pfc Sgloaxm Kxegp Megekcmcgp ^pegèx`~ pfepexc ezzilnehic pa cenf ao lp~ mebax oc`cxei eg` ~pepc zxakxem~ oax pfc |cex cg`c` Esks~p >5)

8::?' Pfc @l~pxlnp“~ mebax oc`cxei eg` ~pepc zxakxem~ exc l`cgplolc` lg pfc ~smmex| ao

es`lpax~“ xc~sip~ ~cnplag ao pfc ennamzeg|lgk ~nfc`sic ao olg`lgk~ eg` usc~plagc` na~p~'

Namzilegnc {lpf pfc xcuslxcmcgp~ ao ie{~) xcksieplag~) nagpxenp~ eg` kxegp~ ezzilnehic pa cenf

ao lp~ mebax oc`cxei eg` ~pepc zxakxem~ l~ pfc xc~zag~lhlilp| ao pfc @l~pxlnp“~ megekcmcgp' Asx

xc~zag~lhlilp| l~ pa czxc~~ eg azlglag ag pfc @l~pxlnp“~ namzilegnc he~c` ag asx es`lp'

[c nag`snpc` asx es`lp ao namzilegnc lg ennaxègnc {lpf es`lplgk ~pegèx`~ kcgcxeii|

ennczpc` lg pfc Sglpc` ^pepc~ ao Emcxlne4 pfc ~pegèx`~ ezzilnehic pa olgegnlei es`lp~ nagpelgc`

lg Kavcxgmcgp Es`lplgk ^pegèx`~) l~~sc` h| pfc Namzpxaiicx Kcgcxei ao pfc Sglpc` ^pepc~4 pfc

AMH Nlxnsiex E-5>>) Es`lp~ ao ^pepc~) Ianei Kavcxgmcgp~) eg` Gag-Zxaolp Axkeglreplag~4 eg`pfc Sgloaxm Kxegp Megekcmcgp ^pegèx`~' Pfa~c ~pegèx`~ xcuslxc pfep {c zieg eg` zcxoaxm

pfc es`lp pa ahpelg xce~agehic e~~sxegnc ehasp {fcpfcx gagnamzilegnc {lpf pfc p|zc~ ao

namzilegnc xcuslxcmcgp~ xcocxxc` pa ehavc pfep nasi` fevc e `lxcnp eg` mepcxlei coocnp ag e

mebax oc`cxei ax ~pepc zxakxem annsxxc`' Eg es`lp lgnis`c~ cemlglgk) ag e pc~p he~l~)

cvl`cgnc ehasp pfc @l~pxlnp“~ namzilegnc {lpf pfa~c xcuslxcmcgp~ eg` zcxoaxmlgk ~snf apfcx

zxanc`sxc~ e~ {c nag~l`cxc` gcnc~~ex| lg pfc nlxnsm~pegnc~' [c hcilcvc pfep asx es`lp

zxavl`c~ e xce~agehic he~l~ oax asx azlglag' Asx es`lp àc~ gap zxavl`c e ickei `cpcxmlgeplag

ag pfc @l~pxlnp“~ namzilegnc {lpf pfa~c xcuslxcmcgp~'

Lg asx azlglag) pfc @l~pxlnp namzilc`) lg eii mepcxlei xc~zcnp~) {lpf pfc xcuslxcmcgp~ xcocxxc` pa

ehavc pfep exc ezzilnehic pa cenf ao lp~ mebax oc`cxei eg` ~pepc zxakxem~ oax pfc |cex cg`cÈsks~p >5) 8::?' Fa{cvcx) pfc xc~sip~ ao asx es`lplgk zxanc`sxc~ `l~nia~c` lg~pegnc~ ao

gagnamzilegnc {lpf pfa~c xcuslxcmcgp~ pfep exc xcuslxc` pa hc xczaxpc` lg ennaxègnc {lpf

AMH Nlxnsiex E-5>> eg` pfc Sgloaxm Kxegp Megekcmcgp ^pegèx`~) eg` {flnf exc `c~nxlhc`

lg pfc ennamzeg|lgk ~nfc`sic ao olg`lgk~ eg` usc~plagc` na~p~ e~ lpcm~ 8::?-8 eg` 8::?->'

comprehensive annual financial report-fy2006

Documents