FaciIic raods Liited |BC

|ociic B|orJs |iaiteJ ,|BC aoruoctu|es, suu|ces, ao||ets,

orJ sells cursuae| liest]le u|orJs oc|uss urJe|weo|,
|usie|], sleeuweo|, irtiaote ouuo|el, uutweo|, ueJ lirer,
ueJJir occessu|ies, ueJJir, co|uet urJe|lo], uoas,
cu|uu|ote uriu|as, wu||weo|, st|eetweo|, liest]le ouuo|el
orJ suu|tir uuJs. /ll u|uJucts o|e sulJ u|eJuairortl] ir
/ust|olio orJ t|e /sio |ociic |eiur.
C|oi|aor || Bus|
CE0lM0
Sec|eto|] J C|u.e|
/uJitu| K|MC
Teleu|ure. -1 3 99+/ +900
weusite. www.uociicu|orJs.cua.ou
/JJ|ess. Z90 Bu|wuuJ RJ
|owt|u|r VlC 31ZZ
Reist|] weusite. www.cuauute|s|o|e.cua.ou
8trategy AoaIysis os ot 15.05.Z01Z
T|e|e o|e t||ee |e] eleaerts tu t|e |BC |uwt| st|ote],
uuilJir u|orJ orJ coteu|] leoJe|s|iu tu J|i.e soles |uwt|,
le.e|oir t|e uusiress scole tu J|i.e uue|otiurol
eiciercies orJ |uwt| t||uu| coteu|] erlo|ir
ocuisitiurs. |BC uelie.es its cuauetiti.e oJ.ortoe
ircluJes irru.otiur tu erterJ t|usteJ u|uJuct |ores orJ t|e
couocit] tu eecti.el] suuuu|t orJ eruorJ eristir u|orJs.
T|e cuauor] |os ucuseJ uue|otiurs ir t|e |uae ao||ets u
/ust|olio orJ lew ZeolorJ w|ile auritu|ir irte|rotiurol
Je.eluuaerts orJ uuuu|turities, |eaoirir curiJert t|ot
t|e|e o|e suiciert Juaestic uuuu|turities tu curtirue wit|
|uwt|.
FioaociaI Fositioo
011 SMil 01Z SMil
Cos| 155 155
lr.ertu|ies ZZ Z++
Recei.oules 193 15Z
Cu||ert /ssets 35 5
|ireJ /ssets c0 cZ
lrtoriules 10c1 5c1
Tutol /ssets 1cZZ 1Z5/
|o]oules 1++ 130
S|u|tTe|a 0eut 0 0
Cu||ert |iouilities Z+1 Z0
|urTe|a 0eut 3c3 3+5
Tutol |iouilities 3/ 5c
Tutol Euit] 11c5 c9
6ooseosus uut u + orol]sts
Cu||ert Z013E Z01+E
||icelEo|rirs /.9 /.31 ./
0i.iJerJ YielJ /.3c c.Z c.c5
E|S,S 0.0c 0.0c 0.09
0|S,S 0.05 0.05 0.05
Mkt 6ap MiI Iovesteot 8tyIe Last Frice 8hares Issued I68 Iodustry roup
S55/

0.1 91Z.9Z Retoilir
- 3.+5 3.Zc Z./5 3.9+ 3.31 1.5Z 1.39 1.10 ./+ /rruol ||ice |i|
- Z.33 Z.05 Z.0 Z.5c .31 .1+ ./c .50 .+3 |uw
3.3
Z.Z
1.1
0oil] Cluse
S8|l/SX /ll 0|Js
Sectu| /.e|oe
5Z w| |i|l|uw
0./+l0.+3
1.1
c3.1
T|oJir Vuluae ,Mil
00+ 005 00 00/ 00c 009 010 011 01Z 1Z1Z FerIoraoce
0.00 11.+/ 0.50 9.95 +5.Z3 ++./3 3.5Z 1c.1 ZZ.+9 1c./3 Tutol Retu|r
0.00 3.ZZ Z3./1 39.5 33.11 ZZ.59 10.Z5 30.// 15.+/ - -l Mo||et
00+ 005 00 00/ 00c 009 010 011 01Z Cu||ert aIuatioo
11+.10 1c./1 10.9 1.3 /.5 5.0Z 9.11 .Z .31 /.51 ||icelEo|rirs
1.Z 15.1 1.11 1c.c3 1Z.Zc 1Z.11 13.0 13./3 1Z.99 13.99 Mo||et |lE
+.0c 0.c3 0./+ 1.05 0.+/ 0.Z5 0.+/ 0.+0 0.35 0.+Z ||icelSoles
1.0c 0.9Z 0.c3 1.31 0./ 0.3 0.0 0.55 0. 0.c1 ||icelBuu|
39.c+ /.5/ /./0 10.9Z +.c1 +./0 5.59 +.Z/ +.3Z 5.30 ||icelCos| |luw
13+3 11+Z 10c1 1/33 c9Z /9 cZZ + +5 55/ Mo||et Cou SMil
1.31 .1 .9c +./c 9.5c 0.00 0.00 c.9Z 9.00 /./9 0i.iJerJ YielJ
00+ 005 00 00/ 00c 009 010 011 01Z FioaociaIs
33 15ZZ 1Z5 1cZ1 Z11/ Z000 1/+Z 115 13Z3 - 0ue|otir Re.erue SMil
11.5 1Z.5/ 11.c+ 11.cc 11.95 11.50 11.53 1Z.c+ 10.91 - EBlT0/ Mo|ir
Zc 135 1/3 19Z ZZ Z0Z 1/9 1c 1Z9 - EBlT SMil
/.Z c.c 10.5 10.5 10.c 10.11 10.Z/ 11.53 9./ - EBlT Mo|ir
1Z 1 101 10 11/ 100 90 103 /3 - l|/T Beu|e /us SMil
1Z 1 101 10 11/ Z3+ 53 13Z +51 - Reuu|teJ let ||uit SMil
Z.1Z 10.9c 1c.ZZ 19.09 Z1.01 1/.0Z 9./1 11.11 /.93 - Eo|rirs |e| S|o|e (
503 503 503 50Z 50Z 5cc 9Z9 931 91/ - S|o|es Mil
Z.ZZ Z.ZZ Z.33 Z.3/ Z.39 1.3 1.+c 1.Z/ 0./5 - Buu| Volue |e| S|o|e S
5Z 90 cc 13c 1c3 10+ 135 95 10/ - 0ue| Cos| |luw SMil
+ Z5 3/ Z+ Z5 ZZ 10 ZZ Zc - Cou SuerJir SMil
55 cZ +9 1 Z10 Zc9 101 153 103 - ||ee Cos| |luw SMil
00+ 005 00 00/ 00c 009 010 011 01Z FroIitabiIity
0.9Z +.+Z .0/ 5.53 .3 .5/ .03 /.Z/ /.55 - Retu|r ur /ssets
0.9 +.9+ /.cZ c.0 c./9 /.9Z .5 c./+ 10.0 - Retu|r ur Euit]
3.Z5 +.01 .Z3 5.cZ 5.51 5.00 5.1c .+0 5.50 - let Mo|ir
1c.5/ /c.c/ //.09 /1.Z5 c5.13 c9.c/ c3.+Z cc.1 105.Z5 - /sset Tu|ru.e|
15c.00 155./ 1Z.31 193.9 1c.93 1/5.+ 151.+1 153.// 1cZ.+/ - |irorciol |e.e|oe
00+ 005 00 00/ 00c 009 010 011 01Z FioaociaI heaIth
Z3Z Z/5 330 +0+ 35+ Z1Z Z+9 Z39 Z0+ - wu||ir Couitol SMil
+9Z +9Z 05 93c c+ 5/c +Z 3c3 3+5 - |urTe|a 0eut SMil
1Z39 1Z39 1Z99 1319 1330 1Z/ 13/9 11c5 c9 - Tutol Euit] SMil
31.c3 31.59 39.+ 0.c0 55.c+ 35./+ ZZ./ 19.1/ Z/.+ - let 0eutlEuit]
key ates
|iscol Yeo| ErJ 30 Jur Z01Z |istir 0ote 0Z /u| Z00+
/CM Z3 0ct Z01Z 0Rl| /cti.e
ivideod history
|irol lrte|ia
0i.iJerJ Er 0ote Zc /u Z01Z Z3 |eu Z01Z
0i.iJerJ |o] 0ote 01 0ct Z01Z 0Z /u| Z01Z
0|S ( Z.50 Z.00
||or|ir 100 100
Iodustry peers by Market 6ap
M|t Cou SMil Re. SMil |lE R0E
||eaie| lr.estaert... 103Z.+c c3/ 15.Zc 5.+
T|e Reject S|uu |i... 395.5 555 1c.ZZ 3Z
Cuurt|] RuoJ |iaiteJ 3+3.9 +19 1.33 15.c3
Major 8harehoIders lu. u s|o|es (Mil[
|o/o|J /sset Moroeaert |ociic Cu 9c
/llor C|o] /ust|olio |t] |tJ c5
||or|lir Resuu|ces, lrc orJ its oiliotes /0
Iovesteot etaiI ||irt 0ote. Z01ZZ01Z |oe 1 u Z
Reu|eserts irorciol ]eo| tu Jote t|e Jo] ote| lost irorciol ]eo| tu o Jo] ueu|e uuulicotiur Jote.
Z01Z Mu|rirsto|, lrc. /ll |i|ts |ese|.eJ. T|e Joto orJ curtert curtoireJ |e|eir o|e rut uo|orteeJ tu ue occu|ote, cuaulete u| tiael]. leit|e| Mu|rirsto|, ru| its oiliotes ru| t|ei| curtert u|u.iJe|s will |o.e or] liouilit] u| use u|
Jist|iuutiur u or] u t|is iru|aotiur. Tu t|e ertert t|ot or] u t|e curtert ouu.e curstitutes oJ.ice, it is ere|ol oJ.ice t|ot |os ueer u|euo|eJ u] Mu|rirsto| /ust|olosio |t] |tJ /Bl. 95 090 5 5++, /|S|. Z+0c9Z ,o suusiJio|] u Mu|rirsto|,
lrc., wit|uut |ee|erce tu ]uu| uujecti.es, irorciol situotiur u| reeJs. Beu|e octir ur or] oJ.ice, ]uu s|uulJ cursiJe| t|e ouu|uu|ioteress u t|e oJ.ice orJ we |ecuaaerJ ]uu uutoir irorciol, leol orJ torotiur oJ.ice ueu|e ao|ir or]
irorciol ir.estaert Jecisiur. l ouulicoule ir.estu|s s|uulJ uutoir t|e |ele.ort u|uJuct Jisclusu|e stoteaert orJ cursiJe| it ueu|e ao|ir or] Jecisiur tu ir.est. Suae aote|iol is cuu]|i|t orJ uuulis|eJ urJe| licerce |ua /SX 0ue|otiurs |t]
|iaiteJ /Cl 00+ 5Z3 /cZ ,'/SX0'. 0lSC|0SuRE. Eaulu]ees ao] |o.e or irte|est ir t|e secu|ities JiscusseJ ir t|is |euu|t. |leose |ee| tu uu| |irorciol Se|.ices CuiJe ,|SC u| au|e iru|aotiur ot www.au|rirsto|.cua.oulsls.uJ.

Iovesteot etaiI iscIosure

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