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Tj ET Q q 0 0 0 rg BT 286.25 316.25 Td (and ) Tj ET Q q 0 0 0 rg BT 305.14 316.25 Td (United ) Tj ET Q q 0 0 0 rg BT 335.03 316.25 Td (States ) Tj ET Q q 0 0 0 rg BT 364.42 316.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 406.31 316.25 Td (laws. ) Tj ET Q q 0 0 0 rg BT 430.69 316.25 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 499.09 316.25 Td (information ) Tj ET Q q 0 0 0 rg BT 547.48 316.25 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 302.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 118.09 302.75 Td (include ) Tj ET Q q 0 0 0 rg BT 149.18 302.75 Td (all ) Tj ET Q q 0 0 0 rg BT 160.76 302.75 Td (information ) Tj ET Q q 0 0 0 rg BT 207.85 302.75 Td (and ) Tj ET Q q 0 0 0 rg BT 225.43 302.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 272.02 302.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 312.62 302.75 Td (CGI) Tj ET Q q 0 0 0 rg BT 330.46 302.75 Td (s ) Tj ET Q q 0 0 0 rg BT 337.53 302.75 Td (intentions, ) Tj ET Q q 0 0 0 rg BT 381.13 302.75 Td (plans, ) Tj ET Q q 0 0 0 rg BT 407.71 302.75 Td (expectations, ) Tj ET Q q 0 0 0 rg BT 463.32 302.75 Td (beliefs, ) Tj ET Q q 0 0 0 rg BT 494.40 302.75 Td (objectives, ) Tj ET Q q 0 0 0 rg BT 539.49 302.75 Td (future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 289.25 Td (performance, ) Tj ET Q q 0 0 0 rg BT 127.19 289.25 Td (and ) Tj ET Q q 0 0 0 rg BT 144.87 289.25 Td (strategy) Tj ET Q q 0 0 0 rg BT 176.21 289.25 Td (, ) Tj ET Q q 0 0 0 rg BT 181.38 289.25 Td (as ) Tj ET Q q 0 0 0 rg BT 193.54 289.25 Td (well ) Tj ET Q q 0 0 0 rg BT 211.71 289.25 Td (as ) Tj ET Q q 0 0 0 rg BT 223.88 289.25 Td (any ) Tj ET Q q 0 0 0 rg BT 241.05 289.25 Td (other ) Tj ET Q q 0 0 0 rg BT 264.23 289.25 Td (information ) Tj ET Q q 0 0 0 rg BT 311.42 289.25 Td (or ) Tj ET Q q 0 0 0 rg BT 322.08 289.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 368.76 289.25 Td (that ) Tj ET Q q 0 0 0 rg BT 386.44 289.25 Td (relate ) Tj ET Q q 0 0 0 rg BT 411.61 289.25 Td (to ) Tj ET Q q 0 0 0 rg BT 421.78 289.25 Td (future ) Tj ET Q q 0 0 0 rg BT 447.46 289.25 Td (events ) Tj ET Q q 0 0 0 rg BT 476.64 289.25 Td (or ) Tj ET Q q 0 0 0 rg BT 487.31 289.25 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 547.48 289.25 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 275.75 Td (which ) Tj ET Q q 0 0 0 rg BT 96.32 275.75 Td (do ) Tj ET Q q 0 0 0 rg BT 108.14 275.75 Td (not ) Tj ET Q q 0 0 0 rg BT 122.46 275.75 Td (directly ) Tj ET Q q 0 0 0 rg BT 152.78 275.75 Td (and ) Tj ET Q q 0 0 0 rg BT 169.60 275.75 Td (exclusively ) Tj ET Q q 0 0 0 rg BT 214.93 275.75 Td (relate ) Tj ET Q q 0 0 0 rg BT 239.25 275.75 Td (to ) Tj ET Q q 0 0 0 rg BT 248.57 275.75 Td (historical ) Tj ET Q q 0 0 0 rg BT 285.89 275.75 Td (facts. ) Tj ET Q q 0 0 0 rg BT 309.20 275.75 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 375.54 275.75 Td (information ) Tj ET Q q 0 0 0 rg BT 421.87 275.75 Td (and ) Tj ET Q q 0 0 0 rg BT 438.69 275.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 484.52 275.75 Td (often ) Tj ET Q q 0 0 0 rg BT 506.35 275.75 Td (but ) Tj ET Q q 0 0 0 rg BT 520.67 275.75 Td (not ) Tj ET Q q 0 0 0 rg BT 534.99 275.75 Td (always ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 262.25 Td (use ) Tj ET Q q 0 0 0 rg BT 89.14 262.25 Td (words ) Tj ET Q q 0 0 0 rg BT 116.28 262.25 Td (such ) Tj ET Q q 0 0 0 rg BT 138.43 262.25 Td (as ) Tj ET Q q 0 0 0 rg BT 151.07 262.25 Td (believe, ) Tj ET Q q 0 0 0 rg BT 191.21 262.25 Td (estimate, ) Tj ET Q q 0 0 0 rg BT 236.85 262.25 Td (expect, ) Tj ET Q q 0 0 0 rg BT 275.00 262.25 Td (intend, ) Tj ET Q q 0 0 0 rg BT 311.15 262.25 Td (anticipate, ) Tj ET Q q 0 0 0 rg BT 361.30 262.25 Td (foresee, ) Tj ET Q q 0 0 0 rg BT 402.95 262.25 Td (plan, ) Tj ET Q q 0 0 0 rg BT 431.59 262.25 Td (predict, ) Tj ET Q q 0 0 0 rg BT 470.23 262.25 Td (project, ) Tj ET Q q 0 0 0 rg BT 508.87 262.25 Td (aim, ) Tj ET Q q 0 0 0 rg BT 535.00 262.25 Td (seek, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 248.75 Td (strive, ) Tj ET Q q 0 0 0 rg BT 103.31 248.75 Td (potential, ) Tj ET Q q 0 0 0 rg BT 147.65 248.75 Td (continue, ) Tj ET Q q 0 0 0 rg BT 191.99 248.75 Td (target, ) Tj ET Q q 0 0 0 rg BT 225.32 248.75 Td (may, ) Tj ET Q q 0 0 0 rg BT 252.64 248.75 Td (might, ) Tj ET Q q 0 0 0 rg BT 284.96 248.75 Td (could, ) Tj ET Q q 0 0 0 rg BT 316.78 248.75 Td (should, ) Tj ET Q q 0 0 0 rg BT 353.62 248.75 Td (and ) Tj ET Q q 0 0 0 rg BT 370.45 248.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 398.27 248.75 Td (expressions ) Tj ET Q q 0 0 0 rg BT 448.11 248.75 Td (and ) Tj ET Q q 0 0 0 rg BT 464.94 248.75 Td (variations ) Tj ET Q q 0 0 0 rg BT 505.28 248.75 Td (thereof. ) Tj ET Q q 0 0 0 rg BT 537.50 248.75 Td (These ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 235.25 Td (information ) Tj ET Q q 0 0 0 rg BT 121.24 235.25 Td (and ) Tj ET Q q 0 0 0 rg BT 141.47 235.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 190.71 235.25 Td (are ) Tj ET Q q 0 0 0 rg BT 208.93 235.25 Td (based ) Tj ET Q q 0 0 0 rg BT 238.67 235.25 Td (on ) Tj ET Q q 0 0 0 rg BT 253.90 235.25 Td (our ) Tj ET Q q 0 0 0 rg BT 272.12 235.25 Td (perception ) Tj ET Q q 0 0 0 rg BT 319.36 235.25 Td (of ) Tj ET Q q 0 0 0 rg BT 332.09 235.25 Td (historic ) Tj ET Q q 0 0 0 rg BT 365.81 235.25 Td (trends, ) Tj ET Q q 0 0 0 rg BT 398.54 235.25 Td (current ) Tj ET Q q 0 0 0 rg BT 431.77 235.25 Td (conditions ) Tj ET Q q 0 0 0 rg BT 477.51 235.25 Td (and ) Tj ET Q q 0 0 0 rg BT 497.74 235.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 539.49 235.25 Td (future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 221.75 Td (developments, ) Tj ET Q q 0 0 0 rg BT 132.17 221.75 Td (as ) Tj ET Q q 0 0 0 rg BT 143.80 221.75 Td (well ) Tj ET Q q 0 0 0 rg BT 161.44 221.75 Td (as ) Tj ET Q q 0 0 0 rg BT 173.08 221.75 Td (other ) Tj ET Q q 0 0 0 rg BT 195.72 221.75 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 250.88 221.75 Td (both ) Tj ET Q q 0 0 0 rg BT 270.53 221.75 Td (general ) Tj ET Q q 0 0 0 rg BT 302.68 221.75 Td (and ) Tj ET Q q 0 0 0 rg BT 319.83 221.75 Td (specific, ) Tj ET Q q 0 0 0 rg BT 354.47 221.75 Td (that ) Tj ET Q q 0 0 0 rg BT 371.62 221.75 Td (we ) Tj ET Q q 0 0 0 rg BT 385.25 221.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 415.91 221.75 Td (are ) Tj ET Q q 0 0 0 rg BT 431.05 221.75 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 478.71 221.75 Td (in ) Tj ET Q q 0 0 0 rg BT 487.85 221.75 Td (the ) Tj ET Q q 0 0 0 rg BT 502.49 221.75 Td (circumstances. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 208.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 93.97 208.25 Td (information ) Tj ET Q q 0 0 0 rg BT 140.45 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 157.43 208.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 203.40 208.25 Td (are, ) Tj ET Q q 0 0 0 rg BT 220.87 208.25 Td (however) Tj ET Q q 0 0 0 rg BT 254.39 208.25 Td (, ) Tj ET Q q 0 0 0 rg BT 258.85 208.25 Td (by ) Tj ET Q q 0 0 0 rg BT 270.32 208.25 Td (their ) Tj ET Q q 0 0 0 rg BT 289.78 208.25 Td (very ) Tj ET Q q 0 0 0 rg BT 308.74 208.25 Td (nature, ) Tj ET Q q 0 0 0 rg BT 338.72 208.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 369.20 208.25 Td (to ) Tj ET Q q 0 0 0 rg BT 378.66 208.25 Td (inherent ) Tj ET Q q 0 0 0 rg BT 413.14 208.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 433.60 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 450.57 208.25 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 506.06 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 515.52 208.25 Td (which ) Tj ET Q q 0 0 0 rg BT 540.49 208.25 Td (many ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 194.75 Td (are ) Tj ET Q q 0 0 0 rg BT 87.36 194.75 Td (beyond ) Tj ET Q q 0 0 0 rg BT 119.74 194.75 Td (the ) Tj ET Q q 0 0 0 rg BT 135.11 194.75 Td (control ) Tj ET Q q 0 0 0 rg BT 164.98 194.75 Td (of ) Tj ET Q q 0 0 0 rg BT 175.34 194.75 Td (the ) Tj ET Q q 0 0 0 rg BT 190.70 194.75 Td (Company) Tj ET Q q 0 0 0 rg BT 228.55 194.75 Td (, ) Tj ET Q q 0 0 0 rg BT 233.91 194.75 Td (and ) Tj ET Q q 0 0 0 rg BT 251.78 194.75 Td (which ) Tj ET Q q 0 0 0 rg BT 277.64 194.75 Td (give ) Tj ET Q q 0 0 0 rg BT 297.01 194.75 Td (rise ) Tj ET Q q 0 0 0 rg BT 314.36 194.75 Td (to ) Tj ET Q q 0 0 0 rg BT 324.72 194.75 Td (the ) Tj ET Q q 0 0 0 rg BT 340.09 194.75 Td (possibility ) Tj ET Q q 0 0 0 rg BT 381.96 194.75 Td (that ) Tj ET Q q 0 0 0 rg BT 399.83 194.75 Td (actual ) Tj ET Q q 0 0 0 rg BT 426.70 194.75 Td (results ) Tj ET Q q 0 0 0 rg BT 456.06 194.75 Td (could ) Tj ET Q q 0 0 0 rg BT 480.43 194.75 Td (dif) Tj ET Q q 0 0 0 rg BT 489.77 194.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 503.13 194.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 544.49 194.75 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 181.25 Td (our ) Tj ET Q q 0 0 0 rg BT 86.45 181.25 Td (expectations ) Tj ET Q q 0 0 0 rg BT 138.92 181.25 Td (expressed ) Tj ET Q q 0 0 0 rg BT 182.38 181.25 Td (in, ) Tj ET Q q 0 0 0 rg BT 193.82 181.25 Td (or ) Tj ET Q q 0 0 0 rg BT 203.76 181.25 Td (implied ) Tj ET Q q 0 0 0 rg BT 234.21 181.25 Td (by) Tj ET Q q 0 0 0 rg BT 243.05 181.25 Td (, ) Tj ET Q q 0 0 0 rg BT 247.48 181.25 Td (such ) Tj ET Q q 0 0 0 rg BT 268.43 181.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 331.90 181.25 Td (information ) Tj ET Q q 0 0 0 rg BT 378.36 181.25 Td (or ) Tj ET Q q 0 0 0 rg BT 388.30 181.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 451.76 181.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 500.09 181.25 Td (These ) Tj ET Q q 0 0 0 rg BT 527.04 181.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 547.48 181.25 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 167.75 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 125.11 167.75 Td (include ) Tj ET Q q 0 0 0 rg BT 156.22 167.75 Td (but ) Tj ET Q q 0 0 0 rg BT 171.32 167.75 Td (are ) Tj ET Q q 0 0 0 rg BT 186.91 167.75 Td (not ) Tj ET Q q 0 0 0 rg BT 202.00 167.75 Td (restricted ) Tj ET Q q 0 0 0 rg BT 241.60 167.75 Td (to: ) Tj ET Q q 0 0 0 rg BT 254.19 167.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 275.27 167.75 Td (related ) Tj ET Q q 0 0 0 rg BT 305.38 167.75 Td (to ) Tj ET Q q 0 0 0 rg BT 315.47 167.75 Td (the ) Tj ET Q q 0 0 0 rg BT 330.56 167.75 Td (market ) Tj ET Q q 0 0 0 rg BT 360.65 167.75 Td (such ) Tj ET Q q 0 0 0 rg BT 382.25 167.75 Td (as ) Tj ET Q q 0 0 0 rg BT 394.34 167.75 Td (the ) Tj ET Q q 0 0 0 rg BT 409.44 167.75 Td (level ) Tj ET Q q 0 0 0 rg BT 430.53 167.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.62 167.75 Td (business ) Tj ET Q q 0 0 0 rg BT 478.73 167.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 508.82 167.75 Td (of ) Tj ET Q q 0 0 0 rg BT 518.91 167.75 Td (our ) Tj ET Q q 0 0 0 rg BT 534.50 167.75 Td (clients, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 154.25 Td (which ) Tj ET Q q 0 0 0 rg BT 97.72 154.25 Td (is ) Tj ET Q q 0 0 0 rg BT 107.42 154.25 Td (af) Tj ET Q q 0 0 0 rg BT 114.76 154.25 Td (fected ) Tj ET Q q 0 0 0 rg BT 142.49 154.25 Td (by ) Tj ET Q q 0 0 0 rg BT 155.20 154.25 Td (economic ) Tj ET Q q 0 0 0 rg BT 196.92 154.25 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 243.16 154.25 Td (and ) Tj ET Q q 0 0 0 rg BT 261.38 154.25 Td (our ) Tj ET Q q 0 0 0 rg BT 277.59 154.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 303.81 154.25 Td (to ) Tj ET Q q 0 0 0 rg BT 314.52 154.25 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 354.76 154.25 Td (new ) Tj ET Q q 0 0 0 rg BT 374.48 154.25 Td (contracts; ) Tj ET Q q 0 0 0 rg BT 416.70 154.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 438.40 154.25 Td (related ) Tj ET Q q 0 0 0 rg BT 469.12 154.25 Td (to ) Tj ET Q q 0 0 0 rg BT 479.83 154.25 Td (our ) Tj ET Q q 0 0 0 rg BT 496.05 154.25 Td (industry ) Tj ET Q q 0 0 0 rg BT 530.77 154.25 Td (such ) Tj ET Q q 0 0 0 rg BT 552.98 154.25 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 140.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 120.31 140.75 Td (and ) Tj ET Q q 0 0 0 rg BT 138.12 140.75 Td (our ) Tj ET Q q 0 0 0 rg BT 153.92 140.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 179.72 140.75 Td (to ) Tj ET Q q 0 0 0 rg BT 190.01 140.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 217.81 140.75 Td (and ) Tj ET Q q 0 0 0 rg BT 235.62 140.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 260.92 140.75 Td (qualified ) Tj ET Q q 0 0 0 rg BT 297.24 140.75 Td (employees, ) Tj ET Q q 0 0 0 rg BT 346.05 140.75 Td (to ) Tj ET Q q 0 0 0 rg BT 356.35 140.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 390.66 140.75 Td (and ) Tj ET Q q 0 0 0 rg BT 408.47 140.75 Td (expand ) Tj ET Q q 0 0 0 rg BT 440.79 140.75 Td (our ) Tj ET Q q 0 0 0 rg BT 456.59 140.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 494.88 140.75 Td (to ) Tj ET Q q 0 0 0 rg BT 505.18 140.75 Td (penetrate ) Tj ET Q q 0 0 0 rg BT 546.00 140.75 Td (new ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 127.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 108.39 127.25 Td (and ) Tj ET Q q 0 0 0 rg BT 125.79 127.25 Td (to ) Tj ET Q q 0 0 0 rg BT 135.68 127.25 Td (protect ) Tj ET Q q 0 0 0 rg BT 165.58 127.25 Td (our ) Tj ET Q q 0 0 0 rg BT 180.97 127.25 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 225.88 127.25 Td (property ) Tj ET Q q 0 0 0 rg BT 261.27 127.25 Td (rights; ) Tj ET Q q 0 0 0 rg BT 288.17 127.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 309.05 127.25 Td (related ) Tj ET Q q 0 0 0 rg BT 338.95 127.25 Td (to ) Tj ET Q q 0 0 0 rg BT 348.84 127.25 Td (our ) Tj ET Q q 0 0 0 rg BT 364.23 127.25 Td (business ) Tj ET Q q 0 0 0 rg BT 402.13 127.25 Td (such ) Tj ET Q q 0 0 0 rg BT 423.53 127.25 Td (as ) Tj ET Q q 0 0 0 rg BT 435.42 127.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 456.30 127.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 501.71 127.25 Td (with ) Tj ET Q q 0 0 0 rg BT 520.09 127.25 Td (our ) Tj ET Q q 0 0 0 rg BT 535.48 127.25 Td (growth ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 113.75 Td (strategy) Tj ET Q q 0 0 0 rg BT 102.85 113.75 Td (, ) Tj ET Q q 0 0 0 rg BT 107.74 113.75 Td (including ) Tj ET Q q 0 0 0 rg BT 145.66 113.75 Td (the ) Tj ET Q q 0 0 0 rg BT 160.56 113.75 Td (integration ) Tj ET Q q 0 0 0 rg BT 204.98 113.75 Td (of ) Tj ET Q q 0 0 0 rg BT 214.88 113.75 Td (new ) Tj ET Q q 0 0 0 rg BT 233.78 113.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 280.70 113.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 316.11 113.75 Td (and ) Tj ET Q q 0 0 0 rg BT 333.52 113.75 Td (operational ) Tj ET Q q 0 0 0 rg BT 380.45 113.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 401.33 113.75 Td (inherent ) Tj ET Q q 0 0 0 rg BT 436.25 113.75 Td (in ) Tj ET Q q 0 0 0 rg BT 445.65 113.75 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 488.05 113.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 534.98 113.75 Td (foreign ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 100.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 113.58 100.25 Td (risks, ) Tj ET Q q 0 0 0 rg BT 137.62 100.25 Td (income ) Tj ET Q q 0 0 0 rg BT 169.67 100.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 184.72 100.25 Td (laws, ) Tj ET Q q 0 0 0 rg BT 208.27 100.25 Td (our ) Tj ET Q q 0 0 0 rg BT 224.32 100.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 250.38 100.25 Td (to ) Tj ET Q q 0 0 0 rg BT 260.93 100.25 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 301.00 100.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 341.07 100.25 Td (contractual ) Tj ET Q q 0 0 0 rg BT 388.14 100.25 Td (terms, ) Tj ET Q q 0 0 0 rg BT 416.19 100.25 Td (to ) Tj ET Q q 0 0 0 rg BT 426.73 100.25 Td (deliver ) Tj ET Q q 0 0 0 rg BT 456.29 100.25 Td (our ) Tj ET Q q 0 0 0 rg BT 472.34 100.25 Td (services ) Tj ET Q q 0 0 0 rg BT 508.39 100.25 Td (and ) Tj ET Q q 0 0 0 rg BT 526.45 100.25 Td (to ) Tj ET Q q 0 0 0 rg BT 537.00 100.25 Td (collect ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 86.75 Td (receivables, ) Tj ET Q q 0 0 0 rg BT 121.77 86.75 Td (and ) Tj ET Q q 0 0 0 rg BT 139.04 86.75 Td (the ) Tj ET Q q 0 0 0 rg BT 153.80 86.75 Td (reputational ) Tj ET Q q 0 0 0 rg BT 203.08 86.75 Td (and ) Tj ET Q q 0 0 0 rg BT 220.35 86.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 255.62 86.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 276.36 86.75 Td (attendant ) Tj ET Q q 0 0 0 rg BT 316.14 86.75 Td (to ) Tj ET Q q 0 0 0 rg BT 325.90 86.75 Td (cybersecurity ) Tj ET Q q 0 0 0 rg BT 381.16 86.75 Td (breaches ) Tj ET Q q 0 0 0 rg BT 420.44 86.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.70 86.75 Td (other ) Tj ET Q q 0 0 0 rg BT 460.46 86.75 Td (incidents; ) Tj ET Q q 0 0 0 rg BT 500.74 86.75 Td (as ) Tj ET Q q 0 0 0 rg BT 512.49 86.75 Td (well ) Tj ET Q q 0 0 0 rg BT 530.24 86.75 Td (as ) Tj ET Q q 0 0 0 rg BT 542.00 86.75 Td (other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 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BT 477.41 560.45 Td (currently ) Tj ET Q q 0 0 0 rg BT 514.44 560.45 Td (known ) Tj ET Q q 0 0 0 rg BT 542.98 560.45 Td (to ) Tj ET Q q 0 0 0 rg BT 553.01 560.45 Td (us ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 546.95 Td (or ) Tj ET Q q 0 0 0 rg BT 83.16 546.95 Td (that ) Tj ET Q q 0 0 0 rg BT 101.82 546.95 Td (we ) Tj ET Q q 0 0 0 rg BT 116.98 546.95 Td (currently ) Tj ET Q q 0 0 0 rg BT 155.15 546.95 Td (deem ) Tj ET Q q 0 0 0 rg BT 181.31 546.95 Td (to ) Tj ET Q q 0 0 0 rg BT 192.47 546.95 Td (be ) Tj ET Q q 0 0 0 rg BT 206.14 546.95 Td (immaterial ) Tj ET Q q 0 0 0 rg BT 251.30 546.95 Td (could ) Tj ET Q q 0 0 0 rg BT 276.47 546.95 Td (also ) Tj ET Q q 0 0 0 rg BT 296.63 546.95 Td (have ) Tj ET Q q 0 0 0 rg BT 319.80 546.95 Td (a ) Tj ET Q q 0 0 0 rg BT 328.46 546.95 Td (material ) Tj ET Q q 0 0 0 rg BT 364.13 546.95 Td (adverse ) Tj ET Q q 0 0 0 rg BT 399.80 546.95 Td (ef) Tj ET Q q 0 0 0 rg BT 407.14 546.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 425.31 546.95 Td (on ) Tj ET Q q 0 0 0 rg BT 438.97 546.95 Td (our ) Tj ET Q q 0 0 0 rg BT 455.63 546.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 492.31 546.95 Td (position, ) Tj ET Q q 0 0 0 rg BT 529.48 546.95 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 533.45 Td (performance, ) Tj ET Q q 0 0 0 rg BT 127.02 533.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 148.54 533.45 Td (flows, ) Tj ET Q q 0 0 0 rg BT 174.04 533.45 Td (business ) Tj ET Q q 0 0 0 rg BT 212.06 533.45 Td (or ) Tj ET Q q 0 0 0 rg BT 222.57 533.45 Td (reputation.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 554.85 22.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 72.00 706.80 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 133.78 706.80 Td ( ) Tj ET Q q 0 0 0 rg BT 137.11 706.80 Td (and ) Tj ET Q q 0 0 0 rg BT 161.78 706.80 Td (Key ) Tj ET Q q 0 0 0 rg BT 187.13 706.80 Td (Performance ) Tj ET Q q 0 0 0 rg BT 263.82 706.80 Td (Measures) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 687.30 Td (The ) Tj ET Q q 0 0 0 rg BT 89.23 687.30 Td (reader ) Tj ET Q q 0 0 0 rg BT 116.97 687.30 Td (should ) Tj ET Q q 0 0 0 rg BT 145.22 687.30 Td (note ) Tj ET Q q 0 0 0 rg BT 164.46 687.30 Td (that ) Tj ET Q q 0 0 0 rg BT 181.19 687.30 Td (the ) Tj ET Q q 0 0 0 rg BT 195.43 687.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 235.67 687.30 Td (reports ) Tj ET Q q 0 0 0 rg BT 265.41 687.30 Td (its ) Tj ET Q q 0 0 0 rg BT 276.13 687.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 310.88 687.30 Td (results ) Tj ET Q q 0 0 0 rg BT 339.11 687.30 Td (in ) Tj ET Q q 0 0 0 rg BT 347.84 687.30 Td (accordance ) Tj ET Q q 0 0 0 rg BT 396.09 687.30 Td (with ) Tj ET Q q 0 0 0 rg BT 413.82 687.30 Td (IFRS. ) Tj ET Q q 0 0 0 rg BT 438.54 687.30 Td (However) Tj ET Q q 0 0 0 rg BT 473.56 687.30 Td (, ) Tj ET Q q 0 0 0 rg BT 477.78 687.30 Td (we ) Tj ET Q q 0 0 0 rg BT 491.01 687.30 Td (use ) Tj ET Q q 0 0 0 rg BT 507.25 687.30 Td (a ) Tj ET Q q 0 0 0 rg BT 513.98 687.30 Td (combination ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 673.80 Td (of ) Tj ET Q q 0 0 0 rg BT 82.54 673.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 118.59 673.80 Td (measures, ) Tj ET Q q 0 0 0 rg BT 163.64 673.80 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 191.18 673.80 Td (and ) Tj ET Q q 0 0 0 rg BT 209.23 673.80 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 252.09 673.80 Td ( ) Tj ET Q q 0 0 0 rg BT 255.12 673.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 297.67 673.80 Td (to ) Tj ET Q q 0 0 0 rg BT 308.21 673.80 Td (assess ) Tj ET Q q 0 0 0 rg BT 339.25 673.80 Td (the ) Tj ET Q q 0 0 0 rg BT 354.80 673.80 Td (Company) Tj ET Q q 0 0 0 rg BT 395.15 673.80 Td (s ) Tj ET Q q 0 0 0 rg BT 402.69 673.80 Td (performance. ) Tj ET Q q 0 0 0 rg BT 458.54 673.80 Td (The ) Tj ET Q q 0 0 0 rg BT 477.09 673.80 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 519.95 673.80 Td ( ) Tj ET Q q 0 0 0 rg BT 522.98 673.80 Td (measures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 660.30 Td (used ) Tj ET Q q 0 0 0 rg BT 94.21 660.30 Td (in ) Tj ET Q q 0 0 0 rg BT 103.92 660.30 Td (this ) Tj ET Q q 0 0 0 rg BT 120.62 660.30 Td (MD&A) Tj ET Q q 0 0 0 rg BT 146.12 660.30 Td ( ) Tj ET Q q 0 0 0 rg BT 148.82 660.30 Td (do ) Tj ET Q q 0 0 0 rg BT 161.53 660.30 Td (not ) Tj ET Q q 0 0 0 rg BT 176.74 660.30 Td (have ) Tj ET Q q 0 0 0 rg BT 198.95 660.30 Td (any ) Tj ET Q q 0 0 0 rg BT 216.16 660.30 Td (standardized ) Tj ET Q q 0 0 0 rg BT 270.39 660.30 Td (meaning ) Tj ET Q q 0 0 0 rg BT 307.61 660.30 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 352.33 660.30 Td (by ) Tj ET Q q 0 0 0 rg BT 364.53 660.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 387.73 660.30 Td (and ) Tj ET Q q 0 0 0 rg BT 405.44 660.30 Td (are ) Tj ET Q q 0 0 0 rg BT 421.15 660.30 Td (therefore ) Tj ET Q q 0 0 0 rg BT 459.87 660.30 Td (unlikely ) Tj ET Q q 0 0 0 rg BT 492.58 660.30 Td (to ) Tj ET Q q 0 0 0 rg BT 502.78 660.30 Td (be ) Tj ET Q q 0 0 0 rg BT 515.49 660.30 Td (comparable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 646.80 Td (to ) Tj ET Q q 0 0 0 rg BT 81.67 646.80 Td (similar ) Tj ET Q q 0 0 0 rg BT 109.82 646.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 151.50 646.80 Td (presented ) Tj ET Q q 0 0 0 rg BT 193.69 646.80 Td (by ) Tj ET Q q 0 0 0 rg BT 205.35 646.80 Td (other ) Tj ET Q q 0 0 0 rg BT 228.03 646.80 Td (issuers. ) Tj ET Q q 0 0 0 rg BT 261.05 646.80 Td (These ) Tj ET Q q 0 0 0 rg BT 288.23 646.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 329.90 646.80 Td (should ) Tj ET Q q 0 0 0 rg BT 358.58 646.80 Td (be ) Tj ET Q q 0 0 0 rg BT 370.75 646.80 Td (considered ) Tj ET Q q 0 0 0 rg BT 416.94 646.80 Td (as ) Tj ET Q q 0 0 0 rg BT 428.61 646.80 Td (supplemental ) Tj ET Q q 0 0 0 rg BT 484.30 646.80 Td (in ) Tj ET Q q 0 0 0 rg BT 493.47 646.80 Td (nature ) Tj ET Q q 0 0 0 rg BT 521.14 646.80 Td (and ) Tj ET Q q 0 0 0 rg BT 538.32 646.80 Td (not ) Tj ET Q q 0 0 0 rg BT 552.99 646.80 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 633.30 Td (a ) Tj ET Q q 0 0 0 rg BT 79.51 633.30 Td (substitute ) Tj ET Q q 0 0 0 rg BT 120.53 633.30 Td (for ) Tj ET Q q 0 0 0 rg BT 133.53 633.30 Td (the ) Tj ET Q q 0 0 0 rg BT 148.54 633.30 Td (related ) Tj ET Q q 0 0 0 rg BT 178.56 633.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 214.08 633.30 Td (information ) Tj ET Q q 0 0 0 rg BT 261.11 633.30 Td (prepared ) Tj ET Q q 0 0 0 rg BT 299.63 633.30 Td (in ) Tj ET Q q 0 0 0 rg BT 309.14 633.30 Td (accordance ) Tj ET Q q 0 0 0 rg BT 358.17 633.30 Td (with ) Tj ET Q q 0 0 0 rg BT 376.67 633.30 Td (IFRS.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 613.80 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 613.80 Td (table ) Tj ET Q q 0 0 0 rg BT 112.03 613.80 Td (below ) Tj ET Q q 0 0 0 rg BT 138.04 613.80 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 189.05 613.80 Td (our ) Tj ET Q q 0 0 0 rg BT 204.56 613.80 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 247.42 613.80 Td ( ) Tj ET Q q 0 0 0 rg BT 249.92 613.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 291.93 613.80 Td (and ) Tj ET Q q 0 0 0 rg BT 309.45 613.80 Td (most ) Tj ET Q q 0 0 0 rg BT 331.45 613.80 Td (relevant ) Tj ET Q q 0 0 0 rg BT 365.97 613.80 Td (key ) Tj ET Q q 0 0 0 rg BT 382.48 613.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 435.50 613.80 Td (measures:) Tj ET Q 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 597.30 68.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 593.30 68.00 -68.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 525.30 68.00 -15.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 510.30 68.00 -27.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 483.30 68.00 -81.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 402.30 68.00 -81.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 321.30 68.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 317.30 68.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 313.30 68.00 -42.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 271.30 68.00 -110.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 161.30 68.00 -4.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 597.3 m 72.25 593.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 597.3 m 140.25 593.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 597.3 m 140.25 597.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 597.3 m 149.25 597.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 597.3 m 561.25 593.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 597.3 m 561.25 597.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 593.3 m 72.25 525.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 593.3 m 140.25 525.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 593.3 m 561.25 525.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 525.3 m 72.25 510.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 525.3 m 140.25 510.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 525.3 m 140.25 510.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 525.3 m 561.25 510.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 510.29999999999995 m 72.25 483.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 510.29999999999995 m 140.25 483.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 510.29999999999995 m 140.25 483.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 510.29999999999995 m 561.25 483.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 483.29999999999995 m 72.25 402.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 483.29999999999995 m 140.25 402.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 483.29999999999995 m 140.25 402.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 483.29999999999995 m 561.25 402.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 402.29999999999995 m 72.25 321.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 402.29999999999995 m 140.25 321.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 402.29999999999995 m 140.25 321.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 402.29999999999995 m 561.25 321.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 321.29999999999995 m 72.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 321.29999999999995 m 140.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 317.29999999999995 m 140.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 317.29999999999995 m 149.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 321.29999999999995 m 561.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 317.29999999999995 m 561.25 317.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 317.29999999999995 m 72.25 313.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 317.29999999999995 m 140.25 313.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 317.29999999999995 m 561.25 313.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 313.29999999999995 m 72.25 271.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 313.29999999999995 m 140.25 271.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 313.29999999999995 m 140.25 271.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 313.29999999999995 m 561.25 271.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 271.29999999999995 m 72.25 161.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 271.29999999999995 m 140.25 161.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 271.29999999999995 m 140.25 161.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 271.29999999999995 m 561.25 161.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 161.29999999999995 m 72.25 157.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 161.29999999999995 m 140.25 157.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 157.29999999999995 m 140.25 157.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 157.29999999999995 m 149.25 157.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 161.29999999999995 m 561.25 157.29999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 157.29999999999995 m 561.25 157.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.75 584.25 Td (Profitability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 583.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 584.25 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 190.15 584.25 Td (EBIT) Tj ET Q q 0 0 0 rg BT 210.07 584.25 Td ( ) Tj ET Q q 0 0 0 rg BT 213.36 584.25 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 265.75 584.25 Td ( ) Tj ET Q q 0 0 0 rg BT 274.12 584.25 Td (is ) Tj ET Q q 0 0 0 rg BT 283.99 584.25 Td (a ) Tj ET Q q 0 0 0 rg BT 292.37 584.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 330.76 584.25 Td (of ) Tj ET Q q 0 0 0 rg BT 341.63 584.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 379.53 584.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 420.92 584.25 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 497.34 584.25 Td (and ) Tj ET Q q 0 0 0 rg BT 515.72 584.25 Td (integration ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 570.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 176.74 570.75 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 228.24 570.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 253.24 570.75 Td (net ) Tj ET Q q 0 0 0 rg BT 267.23 570.75 Td (finance ) Tj ET Q q 0 0 0 rg BT 297.74 570.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 320.23 570.75 Td (and ) Tj ET Q q 0 0 0 rg BT 336.73 570.75 Td (income ) Tj ET Q q 0 0 0 rg BT 367.23 570.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 380.72 570.75 Td (expense. ) Tj ET Q q 0 0 0 rg BT 418.73 570.75 Td (Management ) Tj ET Q q 0 0 0 rg BT 472.75 570.75 Td (believes ) Tj ET Q q 0 0 0 rg BT 507.25 570.75 Td (this ) Tj ET Q q 0 0 0 rg BT 522.74 570.75 Td (measure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 557.25 Td (is ) Tj ET Q q 0 0 0 rg BT 160.09 557.25 Td (useful ) Tj ET Q q 0 0 0 rg BT 185.95 557.25 Td (to ) Tj ET Q q 0 0 0 rg BT 195.30 557.25 Td (investors ) Tj ET Q q 0 0 0 rg BT 233.16 557.25 Td (as ) Tj ET Q q 0 0 0 rg BT 244.51 557.25 Td (it ) Tj ET Q q 0 0 0 rg BT 250.85 557.25 Td (best ) Tj ET Q q 0 0 0 rg BT 269.71 557.25 Td (reflects ) Tj ET Q q 0 0 0 rg BT 300.56 557.25 Td (the ) Tj ET Q q 0 0 0 rg BT 314.91 557.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 367.28 557.25 Td (of ) Tj ET Q q 0 0 0 rg BT 376.63 557.25 Td (its ) Tj ET Q q 0 0 0 rg BT 387.48 557.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 423.83 557.25 Td (and ) Tj ET Q q 0 0 0 rg BT 440.69 557.25 Td (allows ) Tj ET Q q 0 0 0 rg BT 467.54 557.25 Td (for ) Tj ET Q q 0 0 0 rg BT 479.89 557.25 Td (better ) Tj ET Q q 0 0 0 rg BT 504.75 557.25 Td (comparability ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 543.75 Td (from ) Tj ET Q q 0 0 0 rg BT 171.66 543.75 Td (period ) Tj ET Q q 0 0 0 rg BT 198.59 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 208.01 543.75 Td (period ) Tj ET Q q 0 0 0 rg BT 234.94 543.75 Td (as ) Tj ET Q q 0 0 0 rg BT 246.36 543.75 Td (well ) Tj ET Q q 0 0 0 rg BT 263.78 543.75 Td (as ) Tj ET Q q 0 0 0 rg BT 275.20 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 284.62 543.75 Td (trend ) Tj ET Q q 0 0 0 rg BT 307.04 543.75 Td (analysis. ) Tj ET Q q 0 0 0 rg BT 343.84 543.75 Td (A) Tj ET Q q 0 0 0 rg BT 349.35 543.75 Td ( ) Tj ET Q q 0 0 0 rg BT 351.01 543.75 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 405.45 543.75 Td (of ) Tj ET Q q 0 0 0 rg BT 414.87 543.75 Td (the ) Tj ET Q q 0 0 0 rg BT 429.30 543.75 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 465.24 543.75 Td (EBIT) Tj ET Q q 0 0 0 rg BT 485.16 543.75 Td ( ) Tj ET Q q 0 0 0 rg BT 486.99 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 496.41 543.75 Td (its ) Tj ET Q q 0 0 0 rg BT 507.32 543.75 Td (closest ) Tj ET Q q 0 0 0 rg BT 537.25 543.75 Td (IFRS ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 530.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 189.27 530.25 Td (can ) Tj ET Q q 0 0 0 rg BT 206.28 530.25 Td (be ) Tj ET Q q 0 0 0 rg BT 218.79 530.25 Td (found ) Tj ET Q q 0 0 0 rg BT 243.81 530.25 Td (in ) Tj ET Q q 0 0 0 rg BT 253.32 530.25 Td (section ) Tj ET Q q 0 0 0 rg BT 284.33 530.25 Td (3.7 ) Tj ET Q q 0 0 0 rg BT 299.34 530.25 Td (of ) Tj ET Q q 0 0 0 rg BT 309.35 530.25 Td (the ) Tj ET Q q 0 0 0 rg BT 324.36 530.25 Td (present ) Tj ET Q q 0 0 0 rg BT 356.88 530.25 Td (document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 515.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 516.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 168.26 516.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 205.28 516.25 Td ( ) Tj ET Q q 0 0 0 rg BT 212.79 516.25 Td (is ) Tj ET Q q 0 0 0 rg BT 221.79 516.25 Td (a ) Tj ET Q q 0 0 0 rg BT 229.29 516.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 266.81 516.25 Td (of ) Tj ET Q q 0 0 0 rg BT 276.81 516.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 313.84 516.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 356.87 516.25 Td (for ) Tj ET Q q 0 0 0 rg BT 369.88 516.25 Td (shareholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 500.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 501.25 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 182.63 501.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 220.01 501.25 Td (per ) Tj ET Q q 0 0 0 rg BT 235.88 501.25 Td (share ) Tj ET Q q 0 0 0 rg BT 261.25 501.25 Td (\(diluted ) Tj ET Q q 0 0 0 rg BT 293.63 501.25 Td (EPS\) ) Tj ET Q q 0 0 0 rg BT 317.50 501.25 Td ( ) Tj ET Q q 0 0 0 rg BT 325.36 501.25 Td (is ) Tj ET Q q 0 0 0 rg BT 334.73 501.25 Td (a ) Tj ET Q q 0 0 0 rg BT 342.59 501.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 380.47 501.25 Td (of ) Tj ET Q q 0 0 0 rg BT 390.83 501.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 428.22 501.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 471.61 501.25 Td (for ) Tj ET Q q 0 0 0 rg BT 484.98 501.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 539.87 501.25 Td (on ) Tj ET Q q 0 0 0 rg BT 552.74 501.25 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 487.75 Td (per ) Tj ET Q q 0 0 0 rg BT 167.26 487.75 Td (share ) Tj ET Q q 0 0 0 rg BT 192.27 487.75 Td (basis, ) Tj ET Q q 0 0 0 rg BT 218.28 487.75 Td (assuming ) Tj ET Q q 0 0 0 rg BT 259.30 487.75 Td (all ) Tj ET Q q 0 0 0 rg BT 270.81 487.75 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 301.32 487.75 Td (elements ) Tj ET Q q 0 0 0 rg BT 340.34 487.75 Td (are ) Tj ET Q q 0 0 0 rg BT 355.85 487.75 Td (exercised.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 473.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 474.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 167.85 474.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 204.46 474.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 244.58 474.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 276.69 474.25 Td (items ) Tj ET Q q 0 0 0 rg BT 300.28 474.25 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 351.39 474.25 Td ( ) Tj ET Q q 0 0 0 rg BT 358.49 474.25 Td (is ) Tj ET Q q 0 0 0 rg BT 367.08 474.25 Td (a ) Tj ET Q q 0 0 0 rg BT 374.18 474.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 411.29 474.25 Td (of ) Tj ET Q q 0 0 0 rg BT 420.89 474.25 Td (net ) Tj ET Q q 0 0 0 rg BT 435.49 474.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 472.11 474.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 512.23 474.25 Td (acquisition-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 460.75 Td (related ) Tj ET Q q 0 0 0 rg BT 183.75 460.75 Td (and ) Tj ET Q q 0 0 0 rg BT 203.25 460.75 Td (integration ) Tj ET Q q 0 0 0 rg BT 249.76 460.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 277.75 460.75 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 332.25 460.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 357.74 460.75 Td (and ) Tj ET Q q 0 0 0 rg BT 377.23 460.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 393.72 460.75 Td (adjustments. ) Tj ET Q q 0 0 0 rg BT 449.23 460.75 Td (Management ) Tj ET Q q 0 0 0 rg BT 506.24 460.75 Td (believes ) Tj ET Q q 0 0 0 rg BT 543.75 460.75 Td (this ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 447.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 190.47 447.25 Td (is ) Tj ET Q q 0 0 0 rg BT 200.68 447.25 Td (useful ) Tj ET Q q 0 0 0 rg BT 228.41 447.25 Td (to ) Tj ET Q q 0 0 0 rg BT 239.62 447.25 Td (investors ) Tj ET Q q 0 0 0 rg BT 279.34 447.25 Td (as ) Tj ET Q q 0 0 0 rg BT 292.55 447.25 Td (it ) Tj ET Q q 0 0 0 rg BT 300.76 447.25 Td (best ) Tj ET Q q 0 0 0 rg BT 321.48 447.25 Td (reflects ) Tj ET Q q 0 0 0 rg BT 354.20 447.25 Td (the ) Tj ET Q q 0 0 0 rg BT 370.42 447.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 418.86 447.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 473.09 447.25 Td (and ) Tj ET Q q 0 0 0 rg BT 491.82 447.25 Td (allows ) Tj ET Q q 0 0 0 rg BT 520.53 447.25 Td (for ) Tj ET Q q 0 0 0 rg BT 534.75 447.25 Td (better ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 433.75 Td (comparability ) Tj ET Q q 0 0 0 rg BT 207.73 433.75 Td (from ) Tj ET Q q 0 0 0 rg BT 228.69 433.75 Td (period ) Tj ET Q q 0 0 0 rg BT 256.67 433.75 Td (to ) Tj ET Q q 0 0 0 rg BT 267.13 433.75 Td (period. ) Tj ET Q q 0 0 0 rg BT 297.27 433.75 Td (A) Tj ET Q q 0 0 0 rg BT 302.78 433.75 Td ( ) Tj ET Q q 0 0 0 rg BT 305.49 433.75 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 360.98 433.75 Td (of ) Tj ET Q q 0 0 0 rg BT 371.44 433.75 Td (the ) Tj ET Q q 0 0 0 rg BT 386.91 433.75 Td (net ) Tj ET Q q 0 0 0 rg BT 402.38 433.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 439.86 433.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 480.85 433.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 513.82 433.75 Td (items ) Tj ET Q q 0 0 0 rg BT 538.28 433.75 Td (to ) Tj ET Q q 0 0 0 rg BT 548.75 433.75 Td (its ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 420.25 Td (closest ) Tj ET Q q 0 0 0 rg BT 182.26 420.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 205.26 420.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 242.78 420.25 Td (can ) Tj ET Q q 0 0 0 rg BT 259.79 420.25 Td (be ) Tj ET Q q 0 0 0 rg BT 272.30 420.25 Td (found ) Tj ET Q q 0 0 0 rg BT 297.32 420.25 Td (in ) Tj ET Q q 0 0 0 rg BT 306.83 420.25 Td (section ) Tj ET Q q 0 0 0 rg BT 337.85 420.25 Td (3.8.3. ) Tj ET Q q 0 0 0 rg BT 362.86 420.25 Td (of ) Tj ET Q q 0 0 0 rg BT 372.87 420.25 Td (the ) Tj ET Q q 0 0 0 rg BT 387.88 420.25 Td (present ) Tj ET Q q 0 0 0 rg BT 420.40 420.25 Td (document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 392.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 393.25 Td (Basic ) Tj ET Q q 0 0 0 rg BT 175.24 393.25 Td (and ) Tj ET Q q 0 0 0 rg BT 191.75 393.25 Td (diluted ) Tj ET Q q 0 0 0 rg BT 219.75 393.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 255.76 393.25 Td (per ) Tj ET Q q 0 0 0 rg BT 270.26 393.25 Td (share ) Tj ET Q q 0 0 0 rg BT 294.25 393.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 333.77 393.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 365.26 393.25 Td (items ) Tj ET Q q 0 0 0 rg BT 388.25 393.25 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 438.75 393.25 Td ( ) Tj ET Q q 0 0 0 rg BT 445.24 393.25 Td (is ) Tj ET Q q 0 0 0 rg BT 453.23 393.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 484.24 393.25 Td (as ) Tj ET Q q 0 0 0 rg BT 495.23 393.25 Td (the ) Tj ET Q q 0 0 0 rg BT 509.23 393.25 Td (net ) Tj ET Q q 0 0 0 rg BT 523.23 393.25 Td (earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 379.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 192.44 379.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 225.12 379.75 Td (items ) Tj ET Q q 0 0 0 rg BT 249.29 379.75 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 300.97 379.75 Td (on ) Tj ET Q q 0 0 0 rg BT 313.64 379.75 Td (a ) Tj ET Q q 0 0 0 rg BT 321.31 379.75 Td (per ) Tj ET Q q 0 0 0 rg BT 336.99 379.75 Td (share ) Tj ET Q q 0 0 0 rg BT 362.17 379.75 Td (basis. ) Tj ET Q q 0 0 0 rg BT 388.34 379.75 Td (Management ) Tj ET Q q 0 0 0 rg BT 443.54 379.75 Td (believes ) Tj ET Q q 0 0 0 rg BT 479.23 379.75 Td (that ) Tj ET Q q 0 0 0 rg BT 496.90 379.75 Td (this ) Tj ET Q q 0 0 0 rg BT 513.57 379.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 551.26 379.75 Td (is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 366.25 Td (useful ) Tj ET Q q 0 0 0 rg BT 178.62 366.25 Td (to ) Tj ET Q q 0 0 0 rg BT 188.99 366.25 Td (investors ) Tj ET Q q 0 0 0 rg BT 227.86 366.25 Td (as ) Tj ET Q q 0 0 0 rg BT 240.22 366.25 Td (it ) Tj ET Q q 0 0 0 rg BT 247.58 366.25 Td (best ) Tj ET Q q 0 0 0 rg BT 267.45 366.25 Td (reflects ) Tj ET Q q 0 0 0 rg BT 299.32 366.25 Td (the ) Tj ET Q q 0 0 0 rg BT 314.69 366.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 362.28 366.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 415.67 366.25 Td (on ) Tj ET Q q 0 0 0 rg BT 428.53 366.25 Td (a ) Tj ET Q q 0 0 0 rg BT 436.40 366.25 Td (per ) Tj ET Q q 0 0 0 rg BT 452.26 366.25 Td (share ) Tj ET Q q 0 0 0 rg BT 477.64 366.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 501.50 366.25 Td (and ) Tj ET Q q 0 0 0 rg BT 519.38 366.25 Td (allows ) Tj ET Q q 0 0 0 rg BT 547.25 366.25 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 352.75 Td (better ) Tj ET Q q 0 0 0 rg BT 179.31 352.75 Td (comparability ) Tj ET Q q 0 0 0 rg BT 236.87 352.75 Td (from ) Tj ET Q q 0 0 0 rg BT 259.41 352.75 Td (period ) Tj ET Q q 0 0 0 rg BT 288.97 352.75 Td (to ) Tj ET Q q 0 0 0 rg BT 301.02 352.75 Td (period. ) Tj ET Q q 0 0 0 rg BT 332.87 352.75 Td (The ) Tj ET Q q 0 0 0 rg BT 352.84 352.75 Td (basic ) Tj ET Q q 0 0 0 rg BT 378.39 352.75 Td (and ) Tj ET Q q 0 0 0 rg BT 397.95 352.75 Td (diluted ) Tj ET Q q 0 0 0 rg BT 429.01 352.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 468.08 352.75 Td (per ) Tj ET Q q 0 0 0 rg BT 485.63 352.75 Td (share ) Tj ET Q q 0 0 0 rg BT 512.68 352.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 550.75 352.75 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 339.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 200.79 339.25 Td (with ) Tj ET Q q 0 0 0 rg BT 219.31 339.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 242.33 339.25 Td (can ) Tj ET Q q 0 0 0 rg BT 259.36 339.25 Td (be ) Tj ET Q q 0 0 0 rg BT 271.88 339.25 Td (found ) Tj ET Q q 0 0 0 rg BT 296.92 339.25 Td (in ) Tj ET Q q 0 0 0 rg BT 306.44 339.25 Td (section ) Tj ET Q q 0 0 0 rg BT 337.47 339.25 Td (3.8 ) Tj ET Q q 0 0 0 rg BT 352.50 339.25 Td (of ) Tj ET Q q 0 0 0 rg BT 362.52 339.25 Td (the ) Tj ET Q q 0 0 0 rg BT 377.54 339.25 Td (present ) Tj ET Q q 0 0 0 rg BT 410.08 339.25 Td (document ) Tj ET Q q 0 0 0 rg BT 452.12 339.25 Td (while ) Tj ET Q q 0 0 0 rg BT 475.14 339.25 Td (the ) Tj ET Q q 0 0 0 rg BT 490.17 339.25 Td (basic ) Tj ET Q q 0 0 0 rg BT 513.69 339.25 Td (and ) Tj ET Q q 0 0 0 rg BT 531.23 339.25 Td (diluted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 325.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 188.77 325.75 Td (per ) Tj ET Q q 0 0 0 rg BT 204.28 325.75 Td (share ) Tj ET Q q 0 0 0 rg BT 229.30 325.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 269.82 325.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 302.33 325.75 Td (items ) Tj ET Q q 0 0 0 rg BT 326.34 325.75 Td (can ) Tj ET Q q 0 0 0 rg BT 343.35 325.75 Td (be ) Tj ET Q q 0 0 0 rg BT 355.86 325.75 Td (found ) Tj ET Q q 0 0 0 rg BT 380.88 325.75 Td (in ) Tj ET Q q 0 0 0 rg BT 390.39 325.75 Td (section ) Tj ET Q q 0 0 0 rg BT 421.40 325.75 Td (3.8.3 ) Tj ET Q q 0 0 0 rg BT 443.92 325.75 Td (of ) Tj ET Q q 0 0 0 rg BT 453.93 325.75 Td (the ) Tj ET Q q 0 0 0 rg BT 468.94 325.75 Td (present ) Tj ET Q q 0 0 0 rg BT 501.46 325.75 Td (document.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.75 304.25 Td (Liquidity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 303.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 304.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 175.25 304.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 212.26 304.25 Td (by ) Tj ET Q q 0 0 0 rg BT 224.25 304.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 264.26 304.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 301.26 304.25 Td ( ) Tj ET Q q 0 0 0 rg BT 308.75 304.25 Td (is ) Tj ET Q q 0 0 0 rg BT 317.73 304.25 Td (a ) Tj ET Q q 0 0 0 rg BT 325.23 304.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 362.73 304.25 Td (of ) Tj ET Q q 0 0 0 rg BT 372.72 304.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 394.22 304.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 437.24 304.25 Td (from ) Tj ET Q q 0 0 0 rg BT 457.72 304.25 Td (managing ) Tj ET Q q 0 0 0 rg BT 499.74 304.25 Td (our ) Tj ET Q q 0 0 0 rg BT 515.23 304.25 Td (day-to-day ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 290.75 Td (business ) Tj ET Q q 0 0 0 rg BT 189.14 290.75 Td (operations. ) Tj ET Q q 0 0 0 rg BT 235.54 290.75 Td (Management ) Tj ET Q q 0 0 0 rg BT 289.95 290.75 Td (believes ) Tj ET Q q 0 0 0 rg BT 324.84 290.75 Td (strong ) Tj ET Q q 0 0 0 rg BT 351.73 290.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 391.13 290.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 412.01 290.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 429.88 290.75 Td (is ) Tj ET Q q 0 0 0 rg BT 438.26 290.75 Td (indicative ) Tj ET Q q 0 0 0 rg BT 477.65 290.75 Td (of ) Tj ET Q q 0 0 0 rg BT 487.03 290.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 521.92 290.75 Td (flexibility) Tj ET Q q 0 0 0 rg BT 555.26 290.75 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 277.25 Td (allowing ) Tj ET Q q 0 0 0 rg BT 186.77 277.25 Td (us ) Tj ET Q q 0 0 0 rg BT 198.78 277.25 Td (to ) Tj ET Q q 0 0 0 rg BT 208.78 277.25 Td (execute ) Tj ET Q q 0 0 0 rg BT 242.80 277.25 Td (the ) Tj ET Q q 0 0 0 rg BT 257.82 277.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 305.05 277.25 Td (strategy) Tj ET Q q 0 0 0 rg BT 336.40 277.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 261.87 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 262.25 Td (Days ) Tj ET Q q 0 0 0 rg BT 174.09 262.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 196.93 262.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 245.30 262.25 Td (\(DSO\) ) Tj ET Q q 0 0 0 rg BT 272.63 262.25 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 323.47 262.25 Td ( ) Tj ET Q q 0 0 0 rg BT 330.31 262.25 Td (is ) Tj ET Q q 0 0 0 rg BT 338.64 262.25 Td (the ) Tj ET Q q 0 0 0 rg BT 352.99 262.25 Td (average ) Tj ET Q q 0 0 0 rg BT 387.34 262.25 Td (number ) Tj ET Q q 0 0 0 rg BT 419.69 262.25 Td (of ) Tj ET Q q 0 0 0 rg BT 429.03 262.25 Td (days ) Tj ET Q q 0 0 0 rg BT 449.87 262.25 Td (needed ) Tj ET Q q 0 0 0 rg BT 481.73 262.25 Td (to ) Tj ET Q q 0 0 0 rg BT 491.07 262.25 Td (convert ) Tj ET Q q 0 0 0 rg BT 522.41 262.25 Td (our ) Tj ET Q q 0 0 0 rg BT 537.25 262.25 Td (trade ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 248.75 Td (receivables ) Tj ET Q q 0 0 0 rg BT 199.26 248.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.26 248.75 Td (work ) Tj ET Q q 0 0 0 rg BT 237.25 248.75 Td (in ) Tj ET Q q 0 0 0 rg BT 246.24 248.75 Td (progress ) Tj ET Q q 0 0 0 rg BT 283.24 248.75 Td (into ) Tj ET Q q 0 0 0 rg BT 299.74 248.75 Td (cash. ) Tj ET Q q 0 0 0 rg BT 323.24 248.75 Td (DSO ) Tj ET Q q 0 0 0 rg BT 344.73 248.75 Td (is ) Tj ET Q q 0 0 0 rg BT 353.21 248.75 Td (obtained ) Tj ET Q q 0 0 0 rg BT 389.73 248.75 Td (by ) Tj ET Q q 0 0 0 rg BT 401.22 248.75 Td (subtracting ) Tj ET Q q 0 0 0 rg BT 447.23 248.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 482.74 248.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 517.25 248.75 Td (from ) Tj ET Q q 0 0 0 rg BT 537.24 248.75 Td (trade ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 235.25 Td (accounts ) Tj ET Q q 0 0 0 rg BT 190.40 235.25 Td (receivable ) Tj ET Q q 0 0 0 rg BT 234.06 235.25 Td (and ) Tj ET Q q 0 0 0 rg BT 251.71 235.25 Td (work ) Tj ET Q q 0 0 0 rg BT 273.34 235.25 Td (in ) Tj ET Q q 0 0 0 rg BT 282.98 235.25 Td (progress; ) Tj ET Q q 0 0 0 rg BT 323.13 235.25 Td (the ) Tj ET Q q 0 0 0 rg BT 338.27 235.25 Td (result ) Tj ET Q q 0 0 0 rg BT 362.91 235.25 Td (is ) Tj ET Q q 0 0 0 rg BT 372.04 235.25 Td (divided ) Tj ET Q q 0 0 0 rg BT 403.20 235.25 Td (by ) Tj ET Q q 0 0 0 rg BT 415.33 235.25 Td (the ) Tj ET Q q 0 0 0 rg BT 430.48 235.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 459.33 235.25 Td () Tj ET Q q 0 0 0 rg BT 461.16 235.25 Td (s ) Tj ET Q q 0 0 0 rg BT 468.30 235.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 503.45 235.25 Td (over ) Tj ET Q q 0 0 0 rg BT 523.59 235.25 Td (90 ) Tj ET Q q 0 0 0 rg BT 536.24 235.25 Td (days. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 221.75 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 188.82 221.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 223.41 221.75 Td (is ) Tj ET Q q 0 0 0 rg BT 231.96 221.75 Td (net ) Tj ET Q q 0 0 0 rg BT 246.53 221.75 Td (of ) Tj ET Q q 0 0 0 rg BT 256.10 221.75 Td (the ) Tj ET Q q 0 0 0 rg BT 270.67 221.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 285.23 221.75 Td (value ) Tj ET Q q 0 0 0 rg BT 308.80 221.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 359.39 221.75 Td (on ) Tj ET Q q 0 0 0 rg BT 371.46 221.75 Td (revenue-generating ) Tj ET Q q 0 0 0 rg BT 451.57 221.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 490.14 221.75 Td (established ) Tj ET Q q 0 0 0 rg BT 537.73 221.75 Td (upon ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 208.25 Td (a ) Tj ET Q q 0 0 0 rg BT 159.20 208.25 Td (business ) Tj ET Q q 0 0 0 rg BT 197.17 208.25 Td (combination. ) Tj ET Q q 0 0 0 rg BT 250.65 208.25 Td (Management ) Tj ET Q q 0 0 0 rg BT 305.63 208.25 Td (tracks ) Tj ET Q q 0 0 0 rg BT 332.07 208.25 Td (this ) Tj ET Q q 0 0 0 rg BT 348.53 208.25 Td (metric ) Tj ET Q q 0 0 0 rg BT 375.47 208.25 Td (closely ) Tj ET Q q 0 0 0 rg BT 405.43 208.25 Td (to ) Tj ET Q q 0 0 0 rg BT 415.38 208.25 Td (ensure ) Tj ET Q q 0 0 0 rg BT 445.35 208.25 Td (timely ) Tj ET Q q 0 0 0 rg BT 471.30 208.25 Td (collection ) Tj ET Q q 0 0 0 rg BT 511.26 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 528.73 208.25 Td (healthy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 194.75 Td (liquidity) Tj ET Q q 0 0 0 rg BT 181.10 194.75 Td (, ) Tj ET Q q 0 0 0 rg BT 186.66 194.75 Td (and ) Tj ET Q q 0 0 0 rg BT 204.73 194.75 Td (is ) Tj ET Q q 0 0 0 rg BT 214.29 194.75 Td (committed ) Tj ET Q q 0 0 0 rg BT 258.86 194.75 Td (to ) Tj ET Q q 0 0 0 rg BT 269.42 194.75 Td (a ) Tj ET Q q 0 0 0 rg BT 277.49 194.75 Td (DSO ) Tj ET Q q 0 0 0 rg BT 300.05 194.75 Td (target ) Tj ET Q q 0 0 0 rg BT 326.12 194.75 Td (of ) Tj ET Q q 0 0 0 rg BT 336.69 194.75 Td (45 ) Tj ET Q q 0 0 0 rg BT 349.75 194.75 Td (days ) Tj ET Q q 0 0 0 rg BT 371.82 194.75 Td (or ) Tj ET Q q 0 0 0 rg BT 382.88 194.75 Td (less. ) Tj ET Q q 0 0 0 rg BT 404.45 194.75 Td (Management ) Tj ET Q q 0 0 0 rg BT 460.04 194.75 Td (believes ) Tj ET Q q 0 0 0 rg BT 496.12 194.75 Td (this ) Tj ET Q q 0 0 0 rg BT 513.18 194.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 551.26 194.75 Td (is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 181.25 Td (useful ) Tj ET Q q 0 0 0 rg BT 178.37 181.25 Td (to ) Tj ET Q q 0 0 0 rg BT 188.49 181.25 Td (investors ) Tj ET Q q 0 0 0 rg BT 227.11 181.25 Td (as ) Tj ET Q q 0 0 0 rg BT 239.22 181.25 Td (it ) Tj ET Q q 0 0 0 rg BT 246.33 181.25 Td (demonstrates ) Tj ET Q q 0 0 0 rg BT 303.46 181.25 Td (the ) Tj ET Q q 0 0 0 rg BT 318.58 181.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 365.92 181.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 391.54 181.25 Td (to ) Tj ET Q q 0 0 0 rg BT 401.65 181.25 Td (timely ) Tj ET Q q 0 0 0 rg BT 427.76 181.25 Td (convert ) Tj ET Q q 0 0 0 rg BT 459.88 181.25 Td (its ) Tj ET Q q 0 0 0 rg BT 471.49 181.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 494.61 181.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 542.74 181.25 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 167.75 Td (work ) Tj ET Q q 0 0 0 rg BT 173.25 167.75 Td (in ) Tj ET Q q 0 0 0 rg BT 182.76 167.75 Td (progress ) Tj ET Q q 0 0 0 rg BT 220.27 167.75 Td (into ) Tj ET Q q 0 0 0 rg BT 237.29 167.75 Td (cash.) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 554.85 22.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 715.00 68.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 711.00 68.00 -67.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 644.00 68.00 -81.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 563.00 68.00 -95.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 468.00 68.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 464.00 68.00 -79.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 385.00 68.00 -66.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 319.00 68.00 -67.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 252.00 68.00 -81.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 72.25 171.00 68.00 -4.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 715 m 72.25 711 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 715 m 140.25 711 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 715 m 140.25 715 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 715 m 149.25 715 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 715 m 561.25 711 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 715 m 561.25 715 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 711 m 72.25 644 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 711 m 140.25 644 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 711 m 140.25 644 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 711 m 561.25 644 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 644 m 72.25 563 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 644 m 140.25 563 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 644 m 140.25 563 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 644 m 561.25 563 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 563 m 72.25 468 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 563 m 140.25 468 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 563 m 140.25 468 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 563 m 561.25 468 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 468 m 72.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 468 m 140.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 464 m 140.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 464 m 149.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 468 m 561.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 464 m 561.25 464 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 464 m 72.25 385 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 464 m 140.25 385 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 464 m 140.25 385 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 464 m 561.25 385 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 385 m 72.25 319 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 385 m 140.25 319 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 385 m 140.25 319 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 385 m 561.25 319 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 319 m 72.25 252 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 319 m 140.25 252 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 319 m 140.25 252 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 319 m 561.25 252 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 252 m 72.25 171 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 252 m 140.25 171 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 252 m 140.25 171 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 252 m 561.25 171 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 171 m 72.25 167 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 171 m 140.25 167 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.25 167 m 140.25 167 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 140.25 167 m 149.25 167 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 561.25 171 m 561.25 167 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 149.25 167 m 561.25 167 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.75 701.95 Td (Growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 701.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 701.95 Td (Constant ) Tj ET Q q 0 0 0 rg BT 189.19 701.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 225.12 701.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 253.54 701.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 303.98 701.95 Td ( ) Tj ET Q q 0 0 0 rg BT 310.40 701.95 Td (is ) Tj ET Q q 0 0 0 rg BT 318.32 701.95 Td (a ) Tj ET Q q 0 0 0 rg BT 324.74 701.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 361.17 701.95 Td (of ) Tj ET Q q 0 0 0 rg BT 370.09 701.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 404.03 701.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 432.46 701.95 Td (before ) Tj ET Q q 0 0 0 rg BT 459.40 701.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 488.33 701.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 524.26 701.95 Td (impacts. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 688.45 Td (This ) Tj ET Q q 0 0 0 rg BT 170.54 688.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 199.34 688.45 Td (is ) Tj ET Q q 0 0 0 rg BT 207.63 688.45 Td (calculated ) Tj ET Q q 0 0 0 rg BT 249.94 688.45 Td (by ) Tj ET Q q 0 0 0 rg BT 261.23 688.45 Td (translating ) Tj ET Q q 0 0 0 rg BT 304.55 688.45 Td (current ) Tj ET Q q 0 0 0 rg BT 334.34 688.45 Td (period ) Tj ET Q q 0 0 0 rg BT 361.15 688.45 Td (results ) Tj ET Q q 0 0 0 rg BT 389.45 688.45 Td (in ) Tj ET Q q 0 0 0 rg BT 398.24 688.45 Td (local ) Tj ET Q q 0 0 0 rg BT 418.54 688.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 454.83 688.45 Td (using ) Tj ET Q q 0 0 0 rg BT 478.14 688.45 Td (the ) Tj ET Q q 0 0 0 rg BT 492.44 688.45 Td (conversion ) Tj ET Q q 0 0 0 rg BT 537.75 688.45 Td (rates ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 674.95 Td (in ) Tj ET Q q 0 0 0 rg BT 161.27 674.95 Td (the ) Tj ET Q q 0 0 0 rg BT 176.30 674.95 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 219.85 674.95 Td (period ) Tj ET Q q 0 0 0 rg BT 247.38 674.95 Td (from ) Tj ET Q q 0 0 0 rg BT 267.90 674.95 Td (the ) Tj ET Q q 0 0 0 rg BT 282.93 674.95 Td (prior ) Tj ET Q q 0 0 0 rg BT 303.45 674.95 Td (year) Tj ET Q q 0 0 0 rg BT 320.71 674.95 Td (. ) Tj ET Q q 0 0 0 rg BT 325.48 674.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 380.52 674.95 Td (believes ) Tj ET Q q 0 0 0 rg BT 416.06 674.95 Td (that ) Tj ET Q q 0 0 0 rg BT 433.59 674.95 Td (it ) Tj ET Q q 0 0 0 rg BT 440.61 674.95 Td (is ) Tj ET Q q 0 0 0 rg BT 449.62 674.95 Td (helpful ) Tj ET Q q 0 0 0 rg BT 478.66 674.95 Td (to ) Tj ET Q q 0 0 0 rg BT 488.68 674.95 Td (adjust ) Tj ET Q q 0 0 0 rg BT 515.22 674.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 550.26 674.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 661.45 Td (exclude ) Tj ET Q q 0 0 0 rg BT 187.34 661.45 Td (the ) Tj ET Q q 0 0 0 rg BT 204.43 661.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 235.51 661.45 Td (of ) Tj ET Q q 0 0 0 rg BT 247.59 661.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 286.67 661.45 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 336.78 661.45 Td (to ) Tj ET Q q 0 0 0 rg BT 348.86 661.45 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 386.45 661.45 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 454.56 661.45 Td (comparisons ) Tj ET Q q 0 0 0 rg BT 510.15 661.45 Td (of ) Tj ET Q q 0 0 0 rg BT 522.23 661.45 Td (business ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 647.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 204.77 647.95 Td (and ) Tj ET Q q 0 0 0 rg BT 222.29 647.95 Td (that ) Tj ET Q q 0 0 0 rg BT 239.80 647.95 Td (this ) Tj ET Q q 0 0 0 rg BT 256.31 647.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 293.83 647.95 Td (is ) Tj ET Q q 0 0 0 rg BT 302.83 647.95 Td (useful ) Tj ET Q q 0 0 0 rg BT 329.34 647.95 Td (to ) Tj ET Q q 0 0 0 rg BT 339.35 647.95 Td (investors ) Tj ET Q q 0 0 0 rg BT 377.86 647.95 Td (for ) Tj ET Q q 0 0 0 rg BT 390.87 647.95 Td (the ) Tj ET Q q 0 0 0 rg BT 405.88 647.95 Td (same ) Tj ET Q q 0 0 0 rg BT 430.39 647.95 Td (reason.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 634.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 634.95 Td (Backlog ) Tj ET Q q 0 0 0 rg BT 186.52 634.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 238.30 634.95 Td ( ) Tj ET Q q 0 0 0 rg BT 246.06 634.95 Td (includes ) Tj ET Q q 0 0 0 rg BT 281.83 634.95 Td (new ) Tj ET Q q 0 0 0 rg BT 301.10 634.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 335.87 634.95 Td (wins, ) Tj ET Q q 0 0 0 rg BT 359.13 634.95 Td (extensions ) Tj ET Q q 0 0 0 rg BT 404.91 634.95 Td (and ) Tj ET Q q 0 0 0 rg BT 422.69 634.95 Td (renewals ) Tj ET Q q 0 0 0 rg BT 461.46 634.95 Td (\(bookings ) Tj ET Q q 0 0 0 rg BT 503.24 634.95 Td (\(non-GAAP\)\), ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 621.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 187.36 621.45 Td (for ) Tj ET Q q 0 0 0 rg BT 199.44 621.45 Td (the ) Tj ET Q q 0 0 0 rg BT 213.53 621.45 Td (backlog ) Tj ET Q q 0 0 0 rg BT 246.13 621.45 Td (consumed ) Tj ET Q q 0 0 0 rg BT 289.24 621.45 Td (during ) Tj ET Q q 0 0 0 rg BT 315.83 621.45 Td (the ) Tj ET Q q 0 0 0 rg BT 329.93 621.45 Td (period ) Tj ET Q q 0 0 0 rg BT 356.52 621.45 Td (as ) Tj ET Q q 0 0 0 rg BT 367.61 621.45 Td (a ) Tj ET Q q 0 0 0 rg BT 374.19 621.45 Td (result ) Tj ET Q q 0 0 0 rg BT 397.78 621.45 Td (of ) Tj ET Q q 0 0 0 rg BT 406.87 621.45 Td (client ) Tj ET Q q 0 0 0 rg BT 429.46 621.45 Td (work ) Tj ET Q q 0 0 0 rg BT 450.04 621.45 Td (performed ) Tj ET Q q 0 0 0 rg BT 492.64 621.45 Td (and ) Tj ET Q q 0 0 0 rg BT 509.24 621.45 Td (adjustments ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 607.95 Td (related ) Tj ET Q q 0 0 0 rg BT 181.05 607.95 Td (to ) Tj ET Q q 0 0 0 rg BT 190.35 607.95 Td (the ) Tj ET Q q 0 0 0 rg BT 204.64 607.95 Td (volume, ) Tj ET Q q 0 0 0 rg BT 237.94 607.95 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 287.26 607.95 Td (and ) Tj ET Q q 0 0 0 rg BT 304.06 607.95 Td (the ) Tj ET Q q 0 0 0 rg BT 318.36 607.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 346.65 607.95 Td (of ) Tj ET Q q 0 0 0 rg BT 355.95 607.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 385.25 607.95 Td (currencies ) Tj ET Q q 0 0 0 rg BT 428.55 607.95 Td (to ) Tj ET Q q 0 0 0 rg BT 437.84 607.95 Td (our ) Tj ET Q q 0 0 0 rg BT 452.64 607.95 Td (existing ) Tj ET Q q 0 0 0 rg BT 484.94 607.95 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 525.74 607.95 Td (Backlog ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 594.45 Td (incorporates ) Tj ET Q q 0 0 0 rg BT 203.43 594.45 Td (estimates ) Tj ET Q q 0 0 0 rg BT 244.09 594.45 Td (from ) Tj ET Q q 0 0 0 rg BT 264.24 594.45 Td (management ) Tj ET Q q 0 0 0 rg BT 318.92 594.45 Td (that ) Tj ET Q q 0 0 0 rg BT 336.08 594.45 Td (are ) Tj ET Q q 0 0 0 rg BT 351.24 594.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 381.91 594.45 Td (to ) Tj ET Q q 0 0 0 rg BT 391.56 594.45 Td (change. ) Tj ET Q q 0 0 0 rg BT 425.74 594.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 480.42 594.45 Td (tracks ) Tj ET Q q 0 0 0 rg BT 506.58 594.45 Td (this ) Tj ET Q q 0 0 0 rg BT 522.73 594.45 Td (measure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 580.95 Td (as ) Tj ET Q q 0 0 0 rg BT 163.13 580.95 Td (it ) Tj ET Q q 0 0 0 rg BT 169.50 580.95 Td (is ) Tj ET Q q 0 0 0 rg BT 177.87 580.95 Td (a ) Tj ET Q q 0 0 0 rg BT 184.75 580.95 Td (key ) Tj ET Q q 0 0 0 rg BT 200.62 580.95 Td (indicator ) Tj ET Q q 0 0 0 rg BT 236.51 580.95 Td (of ) Tj ET Q q 0 0 0 rg BT 245.89 580.95 Td (management's ) Tj ET Q q 0 0 0 rg BT 306.51 580.95 Td (best ) Tj ET Q q 0 0 0 rg BT 325.40 580.95 Td (estimate ) Tj ET Q q 0 0 0 rg BT 361.28 580.95 Td (of ) Tj ET Q q 0 0 0 rg BT 370.66 580.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 405.05 580.95 Td (to ) Tj ET Q q 0 0 0 rg BT 414.43 580.95 Td (be ) Tj ET Q q 0 0 0 rg BT 426.31 580.95 Td (realized ) Tj ET Q q 0 0 0 rg BT 459.70 580.95 Td (in ) Tj ET Q q 0 0 0 rg BT 468.58 580.95 Td (the ) Tj ET Q q 0 0 0 rg BT 482.96 580.95 Td (future ) Tj ET Q q 0 0 0 rg BT 507.85 580.95 Td (and ) Tj ET Q q 0 0 0 rg BT 524.74 580.95 Td (believes ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 567.45 Td (that ) Tj ET Q q 0 0 0 rg BT 169.26 567.45 Td (this ) Tj ET Q q 0 0 0 rg BT 185.77 567.45 Td (measure ) Tj ET Q q 0 0 0 rg BT 223.28 567.45 Td (is ) Tj ET Q q 0 0 0 rg BT 232.28 567.45 Td (useful ) Tj ET Q q 0 0 0 rg BT 258.80 567.45 Td (to ) Tj ET Q q 0 0 0 rg BT 268.81 567.45 Td (investors ) Tj ET Q q 0 0 0 rg BT 307.32 567.45 Td (for ) Tj ET Q q 0 0 0 rg BT 320.32 567.45 Td (the ) Tj ET Q q 0 0 0 rg BT 335.34 567.45 Td (same ) Tj ET Q q 0 0 0 rg BT 359.84 567.45 Td (reason.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 553.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 553.95 Td (Book-to-bill ) Tj ET Q q 0 0 0 rg BT 198.51 553.95 Td (ratio ) Tj ET Q q 0 0 0 rg BT 217.75 553.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 268.51 553.95 Td ( ) Tj ET Q q 0 0 0 rg BT 275.25 553.95 Td (is ) Tj ET Q q 0 0 0 rg BT 283.49 553.95 Td (a ) Tj ET Q q 0 0 0 rg BT 290.23 553.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 326.99 553.95 Td (of ) Tj ET Q q 0 0 0 rg BT 336.23 553.95 Td (the ) Tj ET Q q 0 0 0 rg BT 350.48 553.95 Td (proportion ) Tj ET Q q 0 0 0 rg BT 392.75 553.95 Td (of ) Tj ET Q q 0 0 0 rg BT 401.99 553.95 Td (the ) Tj ET Q q 0 0 0 rg BT 416.24 553.95 Td (value ) Tj ET Q q 0 0 0 rg BT 439.50 553.95 Td (of ) Tj ET Q q 0 0 0 rg BT 448.74 553.95 Td (our ) Tj ET Q q 0 0 0 rg BT 463.49 553.95 Td (bookings ) Tj ET Q q 0 0 0 rg BT 501.25 553.95 Td (to ) Tj ET Q q 0 0 0 rg BT 510.50 553.95 Td (our ) Tj ET Q q 0 0 0 rg BT 525.25 553.95 Td (revenue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 540.45 Td (in ) Tj ET Q q 0 0 0 rg BT 161.32 540.45 Td (the ) Tj ET Q q 0 0 0 rg BT 176.39 540.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 206.38 540.45 Td (This ) Tj ET Q q 0 0 0 rg BT 225.87 540.45 Td (metric ) Tj ET Q q 0 0 0 rg BT 252.93 540.45 Td (allows ) Tj ET Q q 0 0 0 rg BT 280.50 540.45 Td (management ) Tj ET Q q 0 0 0 rg BT 335.59 540.45 Td (to ) Tj ET Q q 0 0 0 rg BT 345.66 540.45 Td (monitor ) Tj ET Q q 0 0 0 rg BT 378.23 540.45 Td (the ) Tj ET Q q 0 0 0 rg BT 393.30 540.45 Td (Company) Tj ET Q q 0 0 0 rg BT 433.74 540.45 Td (s ) Tj ET Q q 0 0 0 rg BT 440.72 540.45 Td (business ) Tj ET Q q 0 0 0 rg BT 478.80 540.45 Td (development ) Tj ET Q q 0 0 0 rg BT 532.90 540.45 Td (ef) Tj ET Q q 0 0 0 rg BT 540.32 540.45 Td (forts ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 526.95 Td (to ) Tj ET Q q 0 0 0 rg BT 161.34 526.95 Td (ensure ) Tj ET Q q 0 0 0 rg BT 190.94 526.95 Td (we ) Tj ET Q q 0 0 0 rg BT 204.52 526.95 Td (grow ) Tj ET Q q 0 0 0 rg BT 226.11 526.95 Td (our ) Tj ET Q q 0 0 0 rg BT 241.20 526.95 Td (backlog ) Tj ET Q q 0 0 0 rg BT 274.30 526.95 Td (and ) Tj ET Q q 0 0 0 rg BT 291.40 526.95 Td (our ) Tj ET Q q 0 0 0 rg BT 306.48 526.95 Td (business ) Tj ET Q q 0 0 0 rg BT 344.09 526.95 Td (over ) Tj ET Q q 0 0 0 rg BT 363.67 526.95 Td (time ) Tj ET Q q 0 0 0 rg BT 382.76 526.95 Td (and ) Tj ET Q q 0 0 0 rg BT 399.85 526.95 Td (management ) Tj ET Q q 0 0 0 rg BT 454.47 526.95 Td (believes ) Tj ET Q q 0 0 0 rg BT 489.57 526.95 Td (that ) Tj ET Q q 0 0 0 rg BT 506.66 526.95 Td (this ) Tj ET Q q 0 0 0 rg BT 522.75 526.95 Td (measure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 513.45 Td (is ) Tj ET Q q 0 0 0 rg BT 160.37 513.45 Td (useful ) Tj ET Q q 0 0 0 rg BT 186.51 513.45 Td (to ) Tj ET Q q 0 0 0 rg BT 196.13 513.45 Td (investors ) Tj ET Q q 0 0 0 rg BT 234.27 513.45 Td (for ) Tj ET Q q 0 0 0 rg BT 246.89 513.45 Td (the ) Tj ET Q q 0 0 0 rg BT 261.52 513.45 Td (same ) Tj ET Q q 0 0 0 rg BT 285.65 513.45 Td (reason. ) Tj ET Q q 0 0 0 rg BT 317.79 513.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 372.44 513.45 Td (remains ) Tj ET Q q 0 0 0 rg BT 406.57 513.45 Td (committed ) Tj ET Q q 0 0 0 rg BT 450.21 513.45 Td (to ) Tj ET Q q 0 0 0 rg BT 459.83 513.45 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 507.98 513.45 Td (a ) Tj ET Q q 0 0 0 rg BT 515.11 513.45 Td (target ) Tj ET Q q 0 0 0 rg BT 540.24 513.45 Td (ratio ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 499.95 Td (greater ) Tj ET Q q 0 0 0 rg BT 182.92 499.95 Td (than ) Tj ET Q q 0 0 0 rg BT 203.09 499.95 Td (100% ) Tj ET Q q 0 0 0 rg BT 228.76 499.95 Td (over ) Tj ET Q q 0 0 0 rg BT 248.92 499.95 Td (a ) Tj ET Q q 0 0 0 rg BT 256.57 499.95 Td (trailing ) Tj ET Q q 0 0 0 rg BT 285.74 499.95 Td (twelve-month ) Tj ET Q q 0 0 0 rg BT 341.91 499.95 Td (period. ) Tj ET Q q 0 0 0 rg BT 372.08 499.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 427.27 499.95 Td (believes ) Tj ET Q q 0 0 0 rg BT 462.94 499.95 Td (that ) Tj ET Q q 0 0 0 rg BT 480.60 499.95 Td (a ) Tj ET Q q 0 0 0 rg BT 488.26 499.95 Td (longer ) Tj ET Q q 0 0 0 rg BT 515.93 499.95 Td (period ) Tj ET Q q 0 0 0 rg BT 543.60 499.95 Td (is ) Tj ET Q q 0 0 0 rg BT 552.75 499.95 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 486.45 Td (more ) Tj ET Q q 0 0 0 rg BT 174.11 486.45 Td (representative ) Tj ET Q q 0 0 0 rg BT 232.99 486.45 Td (measure ) Tj ET Q q 0 0 0 rg BT 269.86 486.45 Td (as ) Tj ET Q q 0 0 0 rg BT 281.22 486.45 Td (the ) Tj ET Q q 0 0 0 rg BT 295.59 486.45 Td (services ) Tj ET Q q 0 0 0 rg BT 330.45 486.45 Td (and ) Tj ET Q q 0 0 0 rg BT 347.32 486.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 381.19 486.45 Td (type, ) Tj ET Q q 0 0 0 rg BT 402.55 486.45 Td (size ) Tj ET Q q 0 0 0 rg BT 420.41 486.45 Td (and ) Tj ET Q q 0 0 0 rg BT 437.28 486.45 Td (timing ) Tj ET Q q 0 0 0 rg BT 463.14 486.45 Td (of ) Tj ET Q q 0 0 0 rg BT 472.50 486.45 Td (bookings ) Tj ET Q q 0 0 0 rg BT 510.38 486.45 Td (could ) Tj ET Q q 0 0 0 rg BT 533.75 486.45 Td (cause ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 472.95 Td (this ) Tj ET Q q 0 0 0 rg BT 168.26 472.95 Td (measurement ) Tj ET Q q 0 0 0 rg BT 225.78 472.95 Td (to ) Tj ET Q q 0 0 0 rg BT 235.79 472.95 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 272.31 472.95 Td (significantly ) Tj ET Q q 0 0 0 rg BT 321.33 472.95 Td (if ) Tj ET Q q 0 0 0 rg BT 328.33 472.95 Td (taken ) Tj ET Q q 0 0 0 rg BT 352.85 472.95 Td (for ) Tj ET Q q 0 0 0 rg BT 365.85 472.95 Td (only ) Tj ET Q q 0 0 0 rg BT 384.86 472.95 Td (a ) Tj ET Q q 0 0 0 rg BT 392.37 472.95 Td (three-month ) Tj ET Q q 0 0 0 rg BT 443.39 472.95 Td (period.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.75 454.95 Td (Capital) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.75 441.45 Td (Structure) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 454.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 454.95 Td (Net ) Tj ET Q q 0 0 0 rg BT 168.27 454.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 188.31 454.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 239.85 454.95 Td ( ) Tj ET Q q 0 0 0 rg BT 247.37 454.95 Td (is ) Tj ET Q q 0 0 0 rg BT 256.39 454.95 Td (obtained ) Tj ET Q q 0 0 0 rg BT 293.44 454.95 Td (by ) Tj ET Q q 0 0 0 rg BT 305.46 454.95 Td (subtracting ) Tj ET Q q 0 0 0 rg BT 352.01 454.95 Td (from ) Tj ET Q q 0 0 0 rg BT 372.53 454.95 Td (our ) Tj ET Q q 0 0 0 rg BT 388.05 454.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 408.09 454.95 Td (our ) Tj ET Q q 0 0 0 rg BT 423.62 454.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 445.15 454.95 Td (and ) Tj ET Q q 0 0 0 rg BT 462.68 454.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 484.21 454.95 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 534.76 454.95 Td (short-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 441.45 Td (term ) Tj ET Q q 0 0 0 rg BT 175.33 441.45 Td (investments, ) Tj ET Q q 0 0 0 rg BT 231.42 441.45 Td (long-term ) Tj ET Q q 0 0 0 rg BT 275.01 441.45 Td (investments ) Tj ET Q q 0 0 0 rg BT 328.61 441.45 Td (and ) Tj ET Q q 0 0 0 rg BT 349.20 441.45 Td (fair ) Tj ET Q q 0 0 0 rg BT 367.28 441.45 Td (value ) Tj ET Q q 0 0 0 rg BT 394.37 441.45 Td (of ) Tj ET Q q 0 0 0 rg BT 407.45 441.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 440.55 441.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 480.64 441.45 Td (derivative ) Tj ET Q q 0 0 0 rg BT 524.73 441.45 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 427.95 Td (instruments ) Tj ET Q q 0 0 0 rg BT 200.99 427.95 Td (related ) Tj ET Q q 0 0 0 rg BT 231.23 427.95 Td (to ) Tj ET Q q 0 0 0 rg BT 241.45 427.95 Td (debt. ) Tj ET Q q 0 0 0 rg BT 264.19 427.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 319.44 427.95 Td (uses ) Tj ET Q q 0 0 0 rg BT 341.17 427.95 Td (the ) Tj ET Q q 0 0 0 rg BT 356.40 427.95 Td (net ) Tj ET Q q 0 0 0 rg BT 371.63 427.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 391.87 427.95 Td (metric ) Tj ET Q q 0 0 0 rg BT 419.09 427.95 Td (to ) Tj ET Q q 0 0 0 rg BT 429.32 427.95 Td (monitor ) Tj ET Q q 0 0 0 rg BT 462.05 427.95 Td (the ) Tj ET Q q 0 0 0 rg BT 477.28 427.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 524.74 427.95 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 414.45 Td (leverage ) Tj ET Q q 0 0 0 rg BT 187.82 414.45 Td (and ) Tj ET Q q 0 0 0 rg BT 204.38 414.45 Td (believes ) Tj ET Q q 0 0 0 rg BT 238.95 414.45 Td (that ) Tj ET Q q 0 0 0 rg BT 255.51 414.45 Td (this ) Tj ET Q q 0 0 0 rg BT 271.06 414.45 Td (metric ) Tj ET Q q 0 0 0 rg BT 297.11 414.45 Td (is ) Tj ET Q q 0 0 0 rg BT 305.15 414.45 Td (useful ) Tj ET Q q 0 0 0 rg BT 330.72 414.45 Td (to ) Tj ET Q q 0 0 0 rg BT 339.77 414.45 Td (investors ) Tj ET Q q 0 0 0 rg BT 377.33 414.45 Td (as ) Tj ET Q q 0 0 0 rg BT 388.38 414.45 Td (it ) Tj ET Q q 0 0 0 rg BT 394.43 414.45 Td (provides ) Tj ET Q q 0 0 0 rg BT 429.99 414.45 Td (insight ) Tj ET Q q 0 0 0 rg BT 457.56 414.45 Td (into ) Tj ET Q q 0 0 0 rg BT 473.61 414.45 Td (our ) Tj ET Q q 0 0 0 rg BT 488.17 414.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 522.74 414.45 Td (strength. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 400.95 Td (A) Tj ET Q q 0 0 0 rg BT 157.50 400.95 Td ( ) Tj ET Q q 0 0 0 rg BT 160.88 400.95 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 217.04 400.95 Td (of ) Tj ET Q q 0 0 0 rg BT 228.17 400.95 Td (net ) Tj ET Q q 0 0 0 rg BT 244.31 400.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 265.46 400.95 Td (to ) Tj ET Q q 0 0 0 rg BT 276.59 400.95 Td (its ) Tj ET Q q 0 0 0 rg BT 289.22 400.95 Td (closest ) Tj ET Q q 0 0 0 rg BT 320.85 400.95 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 344.98 400.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 383.63 400.95 Td (can ) Tj ET Q q 0 0 0 rg BT 401.76 400.95 Td (be ) Tj ET Q q 0 0 0 rg BT 415.40 400.95 Td (found ) Tj ET Q q 0 0 0 rg BT 441.55 400.95 Td (in ) Tj ET Q q 0 0 0 rg BT 452.18 400.95 Td (section ) Tj ET Q q 0 0 0 rg BT 484.33 400.95 Td (4.5 ) Tj ET Q q 0 0 0 rg BT 500.47 400.95 Td (of ) Tj ET Q q 0 0 0 rg BT 511.60 400.95 Td (the ) Tj ET Q q 0 0 0 rg BT 527.74 400.95 Td (present ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 387.45 Td (document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 375.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 375.95 Td (Net ) Tj ET Q q 0 0 0 rg BT 167.24 375.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 186.25 375.95 Td (to ) Tj ET Q q 0 0 0 rg BT 195.24 375.95 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 248.76 375.95 Td (ratio ) Tj ET Q q 0 0 0 rg BT 267.75 375.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 318.26 375.95 Td ( ) Tj ET Q q 0 0 0 rg BT 324.75 375.95 Td (is ) Tj ET Q q 0 0 0 rg BT 332.74 375.95 Td (a ) Tj ET Q q 0 0 0 rg BT 339.23 375.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 375.73 375.95 Td (of ) Tj ET Q q 0 0 0 rg BT 384.73 375.95 Td (our ) Tj ET Q q 0 0 0 rg BT 399.22 375.95 Td (level ) Tj ET Q q 0 0 0 rg BT 419.22 375.95 Td (of ) Tj ET Q q 0 0 0 rg BT 428.21 375.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 462.72 375.95 Td (leverage ) Tj ET Q q 0 0 0 rg BT 498.73 375.95 Td (and ) Tj ET Q q 0 0 0 rg BT 515.23 375.95 Td (is ) Tj ET Q q 0 0 0 rg BT 523.22 375.95 Td (obtained ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 362.45 Td (by ) Tj ET Q q 0 0 0 rg BT 163.62 362.45 Td (dividing ) Tj ET Q q 0 0 0 rg BT 196.50 362.45 Td (the ) Tj ET Q q 0 0 0 rg BT 211.37 362.45 Td (net ) Tj ET Q q 0 0 0 rg BT 226.25 362.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 246.13 362.45 Td (by ) Tj ET Q q 0 0 0 rg BT 257.99 362.45 Td (the ) Tj ET Q q 0 0 0 rg BT 272.87 362.45 Td (sum ) Tj ET Q q 0 0 0 rg BT 292.23 362.45 Td (of ) Tj ET Q q 0 0 0 rg BT 302.10 362.45 Td (shareholder's ) Tj ET Q q 0 0 0 rg BT 358.21 362.45 Td (equity ) Tj ET Q q 0 0 0 rg BT 384.59 362.45 Td (and ) Tj ET Q q 0 0 0 rg BT 401.97 362.45 Td (debt. ) Tj ET Q q 0 0 0 rg BT 424.35 362.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 479.24 362.45 Td (uses ) Tj ET Q q 0 0 0 rg BT 500.62 362.45 Td (the ) Tj ET Q q 0 0 0 rg BT 515.49 362.45 Td (net ) Tj ET Q q 0 0 0 rg BT 530.36 362.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 550.24 362.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 348.95 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 206.60 348.95 Td (ratio ) Tj ET Q q 0 0 0 rg BT 226.92 348.95 Td (to ) Tj ET Q q 0 0 0 rg BT 237.25 348.95 Td (monitor ) Tj ET Q q 0 0 0 rg BT 270.08 348.95 Td (the ) Tj ET Q q 0 0 0 rg BT 285.41 348.95 Td (proportion ) Tj ET Q q 0 0 0 rg BT 328.75 348.95 Td (of ) Tj ET Q q 0 0 0 rg BT 339.07 348.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 359.41 348.95 Td (versus ) Tj ET Q q 0 0 0 rg BT 388.73 348.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 417.57 348.95 Td (used ) Tj ET Q q 0 0 0 rg BT 439.90 348.95 Td (to ) Tj ET Q q 0 0 0 rg BT 450.23 348.95 Td (finance ) Tj ET Q q 0 0 0 rg BT 482.06 348.95 Td (our ) Tj ET Q q 0 0 0 rg BT 497.89 348.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 542.74 348.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 335.45 Td (to ) Tj ET Q q 0 0 0 rg BT 161.55 335.45 Td (assess ) Tj ET Q q 0 0 0 rg BT 191.85 335.45 Td (the ) Tj ET Q q 0 0 0 rg BT 206.66 335.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 253.69 335.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 289.00 335.45 Td (strength. ) Tj ET Q q 0 0 0 rg BT 326.31 335.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 381.14 335.45 Td (believes ) Tj ET Q q 0 0 0 rg BT 416.45 335.45 Td (that ) Tj ET Q q 0 0 0 rg BT 433.76 335.45 Td (this ) Tj ET Q q 0 0 0 rg BT 450.05 335.45 Td (metric ) Tj ET Q q 0 0 0 rg BT 476.85 335.45 Td (is ) Tj ET Q q 0 0 0 rg BT 485.64 335.45 Td (useful ) Tj ET Q q 0 0 0 rg BT 511.95 335.45 Td (to ) Tj ET Q q 0 0 0 rg BT 521.75 335.45 Td (investors ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 321.95 Td (for ) Tj ET Q q 0 0 0 rg BT 164.75 321.95 Td (the ) Tj ET Q q 0 0 0 rg BT 179.77 321.95 Td (same ) Tj ET Q q 0 0 0 rg BT 204.27 321.95 Td (reasons.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 309.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 309.95 Td (Return ) Tj ET Q q 0 0 0 rg BT 181.64 309.95 Td (on ) Tj ET Q q 0 0 0 rg BT 194.53 309.95 Td (equity ) Tj ET Q q 0 0 0 rg BT 221.43 309.95 Td (\(ROE\) ) Tj ET Q q 0 0 0 rg BT 249.80 309.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 301.70 309.95 Td ( ) Tj ET Q q 0 0 0 rg BT 309.58 309.95 Td (is ) Tj ET Q q 0 0 0 rg BT 318.96 309.95 Td (a ) Tj ET Q q 0 0 0 rg BT 326.85 309.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 364.74 309.95 Td (of ) Tj ET Q q 0 0 0 rg BT 375.12 309.95 Td (the ) Tj ET Q q 0 0 0 rg BT 390.51 309.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 408.90 309.95 Td (of ) Tj ET Q q 0 0 0 rg BT 419.29 309.95 Td (return ) Tj ET Q q 0 0 0 rg BT 445.68 309.95 Td (on ) Tj ET Q q 0 0 0 rg BT 458.57 309.95 Td (the ) Tj ET Q q 0 0 0 rg BT 473.96 309.95 Td (ownership ) Tj ET Q q 0 0 0 rg BT 517.86 309.95 Td (interest ) Tj ET Q q 0 0 0 rg BT 550.25 309.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 296.45 Td (our ) Tj ET Q q 0 0 0 rg BT 167.05 296.45 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 221.38 296.45 Td (and ) Tj ET Q q 0 0 0 rg BT 238.68 296.45 Td (is ) Tj ET Q q 0 0 0 rg BT 247.48 296.45 Td (calculated ) Tj ET Q q 0 0 0 rg BT 290.30 296.45 Td (as ) Tj ET Q q 0 0 0 rg BT 302.09 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 316.90 296.45 Td (proportion ) Tj ET Q q 0 0 0 rg BT 359.72 296.45 Td (of ) Tj ET Q q 0 0 0 rg BT 369.52 296.45 Td (net ) Tj ET Q q 0 0 0 rg BT 384.32 296.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 421.14 296.45 Td (for ) Tj ET Q q 0 0 0 rg BT 433.93 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 448.74 296.45 Td (last ) Tj ET Q q 0 0 0 rg BT 465.04 296.45 Td (12 ) Tj ET Q q 0 0 0 rg BT 477.34 296.45 Td (months ) Tj ET Q q 0 0 0 rg BT 509.15 296.45 Td (over ) Tj ET Q q 0 0 0 rg BT 528.95 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 543.75 296.45 Td (last ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 282.95 Td (four ) Tj ET Q q 0 0 0 rg BT 170.50 282.95 Td (quarters' ) Tj ET Q q 0 0 0 rg BT 208.48 282.95 Td (average ) Tj ET Q q 0 0 0 rg BT 244.25 282.95 Td (equity) Tj ET Q q 0 0 0 rg BT 267.93 282.95 Td (. ) Tj ET Q q 0 0 0 rg BT 273.34 282.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 329.12 282.95 Td (looks ) Tj ET Q q 0 0 0 rg BT 353.37 282.95 Td (at ) Tj ET Q q 0 0 0 rg BT 364.12 282.95 Td (ROE ) Tj ET Q q 0 0 0 rg BT 386.87 282.95 Td (to ) Tj ET Q q 0 0 0 rg BT 397.62 282.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 435.88 282.95 Td (its ) Tj ET Q q 0 0 0 rg BT 448.12 282.95 Td (ef) Tj ET Q q 0 0 0 rg BT 455.55 282.95 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 488.72 282.95 Td (at ) Tj ET Q q 0 0 0 rg BT 499.47 282.95 Td (generating ) Tj ET Q q 0 0 0 rg BT 545.25 282.95 Td (net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 269.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 187.83 269.45 Td (for ) Tj ET Q q 0 0 0 rg BT 199.90 269.45 Td (the ) Tj ET Q q 0 0 0 rg BT 213.97 269.45 Td (Company) Tj ET Q q 0 0 0 rg BT 254.41 269.45 Td (s ) Tj ET Q q 0 0 0 rg BT 260.39 269.45 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 313.98 269.45 Td (and ) Tj ET Q q 0 0 0 rg BT 330.56 269.45 Td (how ) Tj ET Q q 0 0 0 rg BT 348.63 269.45 Td (well ) Tj ET Q q 0 0 0 rg BT 365.70 269.45 Td (the ) Tj ET Q q 0 0 0 rg BT 379.77 269.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 419.85 269.45 Td (uses ) Tj ET Q q 0 0 0 rg BT 440.42 269.45 Td (the ) Tj ET Q q 0 0 0 rg BT 454.49 269.45 Td (invested ) Tj ET Q q 0 0 0 rg BT 489.58 269.45 Td (funds ) Tj ET Q q 0 0 0 rg BT 513.15 269.45 Td (to ) Tj ET Q q 0 0 0 rg BT 522.22 269.45 Td (generate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 255.95 Td (net ) Tj ET Q q 0 0 0 rg BT 166.76 255.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 203.79 255.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 233.30 255.95 Td (and ) Tj ET Q q 0 0 0 rg BT 250.82 255.95 Td (believes ) Tj ET Q q 0 0 0 rg BT 286.34 255.95 Td (that ) Tj ET Q q 0 0 0 rg BT 303.85 255.95 Td (this ) Tj ET Q q 0 0 0 rg BT 320.35 255.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 357.87 255.95 Td (is ) Tj ET Q q 0 0 0 rg BT 366.87 255.95 Td (useful ) Tj ET Q q 0 0 0 rg BT 393.39 255.95 Td (to ) Tj ET Q q 0 0 0 rg BT 403.39 255.95 Td (investors ) Tj ET Q q 0 0 0 rg BT 441.91 255.95 Td (for ) Tj ET Q q 0 0 0 rg BT 454.91 255.95 Td (the ) Tj ET Q q 0 0 0 rg BT 469.92 255.95 Td (same ) Tj ET Q q 0 0 0 rg BT 494.43 255.95 Td (reasons.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 242.57 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 242.95 Td (Return ) Tj ET Q q 0 0 0 rg BT 180.94 242.95 Td (on ) Tj ET Q q 0 0 0 rg BT 193.13 242.95 Td (invested ) Tj ET Q q 0 0 0 rg BT 228.83 242.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 257.02 242.95 Td (\(ROIC\) ) Tj ET Q q 0 0 0 rg BT 287.69 242.95 Td (\(non-GAAP\) ) Tj ET Q q 0 0 0 rg BT 338.88 242.95 Td ( ) Tj ET Q q 0 0 0 rg BT 346.06 242.95 Td (is ) Tj ET Q q 0 0 0 rg BT 354.74 242.95 Td (a ) Tj ET Q q 0 0 0 rg BT 361.92 242.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 399.12 242.95 Td (of ) Tj ET Q q 0 0 0 rg BT 408.80 242.95 Td (the ) Tj ET Q q 0 0 0 rg BT 423.49 242.95 Td (Company) Tj ET Q q 0 0 0 rg BT 463.84 242.95 Td (s ) Tj ET Q q 0 0 0 rg BT 470.52 242.95 Td (ef) Tj ET Q q 0 0 0 rg BT 477.86 242.95 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 510.05 242.95 Td (at ) Tj ET Q q 0 0 0 rg BT 519.73 242.95 Td (allocating ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 229.45 Td (the ) Tj ET Q q 0 0 0 rg BT 165.69 229.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 193.13 229.45 Td (under ) Tj ET Q q 0 0 0 rg BT 217.58 229.45 Td (its ) Tj ET Q q 0 0 0 rg BT 228.00 229.45 Td (control ) Tj ET Q q 0 0 0 rg BT 256.44 229.45 Td (to ) Tj ET Q q 0 0 0 rg BT 265.38 229.45 Td (profitable ) Tj ET Q q 0 0 0 rg BT 303.83 229.45 Td (investments ) Tj ET Q q 0 0 0 rg BT 353.28 229.45 Td (and ) Tj ET Q q 0 0 0 rg BT 369.72 229.45 Td (is ) Tj ET Q q 0 0 0 rg BT 377.65 229.45 Td (calculated ) Tj ET Q q 0 0 0 rg BT 419.60 229.45 Td (as ) Tj ET Q q 0 0 0 rg BT 430.53 229.45 Td (the ) Tj ET Q q 0 0 0 rg BT 444.47 229.45 Td (proportion ) Tj ET Q q 0 0 0 rg BT 486.42 229.45 Td (of ) Tj ET Q q 0 0 0 rg BT 495.36 229.45 Td (the ) Tj ET Q q 0 0 0 rg BT 509.30 229.45 Td (net ) Tj ET Q q 0 0 0 rg BT 523.23 229.45 Td (earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 215.95 Td (excluding ) Tj ET Q q 0 0 0 rg BT 191.84 215.95 Td (net ) Tj ET Q q 0 0 0 rg BT 206.42 215.95 Td (finance ) Tj ET Q q 0 0 0 rg BT 237.51 215.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 260.58 215.95 Td (after-tax ) Tj ET Q q 0 0 0 rg BT 295.66 215.95 Td (for ) Tj ET Q q 0 0 0 rg BT 308.23 215.95 Td (the ) Tj ET Q q 0 0 0 rg BT 322.81 215.95 Td (last ) Tj ET Q q 0 0 0 rg BT 338.88 215.95 Td (12 ) Tj ET Q q 0 0 0 rg BT 350.96 215.95 Td (months, ) Tj ET Q q 0 0 0 rg BT 385.04 215.95 Td (over ) Tj ET Q q 0 0 0 rg BT 404.61 215.95 Td (the ) Tj ET Q q 0 0 0 rg BT 419.19 215.95 Td (last ) Tj ET Q q 0 0 0 rg BT 435.26 215.95 Td (four ) Tj ET Q q 0 0 0 rg BT 452.84 215.95 Td (quarters' ) Tj ET Q q 0 0 0 rg BT 489.64 215.95 Td (average ) Tj ET Q q 0 0 0 rg BT 524.23 215.95 Td (invested ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 202.45 Td (capital, ) Tj ET Q q 0 0 0 rg BT 182.75 202.45 Td (which ) Tj ET Q q 0 0 0 rg BT 208.25 202.45 Td (is ) Tj ET Q q 0 0 0 rg BT 217.24 202.45 Td (defined ) Tj ET Q q 0 0 0 rg BT 249.25 202.45 Td (as ) Tj ET Q q 0 0 0 rg BT 261.24 202.45 Td (the ) Tj ET Q q 0 0 0 rg BT 276.24 202.45 Td (sum ) Tj ET Q q 0 0 0 rg BT 295.73 202.45 Td (of ) Tj ET Q q 0 0 0 rg BT 305.72 202.45 Td (equity ) Tj ET Q q 0 0 0 rg BT 332.22 202.45 Td (and ) Tj ET Q q 0 0 0 rg BT 349.73 202.45 Td (net ) Tj ET Q q 0 0 0 rg BT 364.73 202.45 Td (debt. ) Tj ET Q q 0 0 0 rg BT 387.23 202.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 442.25 202.45 Td (examines ) Tj ET Q q 0 0 0 rg BT 483.25 202.45 Td (this ) Tj ET Q q 0 0 0 rg BT 499.75 202.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 519.74 202.45 Td (to ) Tj ET Q q 0 0 0 rg BT 529.73 202.45 Td (assess ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 188.95 Td (how ) Tj ET Q q 0 0 0 rg BT 170.51 188.95 Td (well ) Tj ET Q q 0 0 0 rg BT 188.27 188.95 Td (it ) Tj ET Q q 0 0 0 rg BT 195.02 188.95 Td (is ) Tj ET Q q 0 0 0 rg BT 203.77 188.95 Td (using ) Tj ET Q q 0 0 0 rg BT 227.54 188.95 Td (its ) Tj ET Q q 0 0 0 rg BT 238.79 188.95 Td (funds ) Tj ET Q q 0 0 0 rg BT 263.06 188.95 Td (to ) Tj ET Q q 0 0 0 rg BT 272.82 188.95 Td (generate ) Tj ET Q q 0 0 0 rg BT 310.60 188.95 Td (returns ) Tj ET Q q 0 0 0 rg BT 340.87 188.95 Td (and ) Tj ET Q q 0 0 0 rg BT 358.14 188.95 Td (believes ) Tj ET Q q 0 0 0 rg BT 393.41 188.95 Td (that ) Tj ET Q q 0 0 0 rg BT 410.67 188.95 Td (this ) Tj ET Q q 0 0 0 rg BT 426.93 188.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 464.20 188.95 Td (is ) Tj ET Q q 0 0 0 rg BT 472.95 188.95 Td (useful ) Tj ET Q q 0 0 0 rg BT 499.22 188.95 Td (to ) Tj ET Q q 0 0 0 rg BT 508.98 188.95 Td (investors ) Tj ET Q q 0 0 0 rg BT 547.24 188.95 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.75 175.45 Td (the ) Tj ET Q q 0 0 0 rg BT 166.76 175.45 Td (same ) Tj ET Q q 0 0 0 rg BT 191.27 175.45 Td (reason.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 72.00 137.50 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 131.99 137.50 Td (Segments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 118.00 Td (During ) Tj ET Q q 0 0 0 rg BT 100.69 118.00 Td (the ) Tj ET Q q 0 0 0 rg BT 115.87 118.00 Td (first ) Tj ET Q q 0 0 0 rg BT 133.04 118.00 Td (quarter ) Tj ET Q q 0 0 0 rg BT 164.23 118.00 Td (of ) Tj ET Q q 0 0 0 rg BT 174.41 118.00 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 200.58 118.00 Td (2018, ) Tj ET Q q 0 0 0 rg BT 225.78 118.00 Td (we ) Tj ET Q q 0 0 0 rg BT 239.95 118.00 Td (conducted ) Tj ET Q q 0 0 0 rg BT 284.16 118.00 Td (an ) Tj ET Q q 0 0 0 rg BT 296.84 118.00 Td (internal ) Tj ET Q q 0 0 0 rg BT 329.03 118.00 Td (reorganization ) Tj ET Q q 0 0 0 rg BT 388.74 118.00 Td (of ) Tj ET Q q 0 0 0 rg BT 398.92 118.00 Td (our ) Tj ET Q q 0 0 0 rg BT 414.60 118.00 Td (leadership. ) Tj ET Q q 0 0 0 rg BT 460.77 118.00 Td (As ) Tj ET Q q 0 0 0 rg BT 473.95 118.00 Td (a ) Tj ET Q q 0 0 0 rg BT 481.63 118.00 Td (result, ) Tj ET Q q 0 0 0 rg BT 508.81 118.00 Td (the ) Tj ET Q q 0 0 0 rg BT 523.99 118.00 Td (Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 104.50 Td (is ) Tj ET Q q 0 0 0 rg BT 79.85 104.50 Td (now ) Tj ET Q q 0 0 0 rg BT 98.21 104.50 Td (managed ) Tj ET Q q 0 0 0 rg BT 137.58 104.50 Td (through ) Tj ET Q q 0 0 0 rg BT 169.96 104.50 Td (nine ) Tj ET Q q 0 0 0 rg BT 188.82 104.50 Td (operating ) Tj ET Q q 0 0 0 rg BT 228.20 104.50 Td (segments, ) Tj ET Q q 0 0 0 rg BT 271.57 104.50 Td (namely: ) Tj ET Q q 0 0 0 rg BT 304.93 104.50 Td (Northern ) Tj ET Q q 0 0 0 rg BT 341.79 104.50 Td (Europe ) Tj ET Q q 0 0 0 rg BT 372.66 104.50 Td (\(including ) Tj ET Q q 0 0 0 rg BT 413.04 104.50 Td (Nordics, ) Tj ET Q q 0 0 0 rg BT 447.89 104.50 Td (Baltics ) Tj ET Q q 0 0 0 rg BT 476.25 104.50 Td (and ) Tj ET Q q 0 0 0 rg BT 493.11 104.50 Td (Poland\); ) Tj ET Q q 0 0 0 rg BT 528.48 104.50 Td (Canada; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 91.00 Td (France ) Tj ET Q q 0 0 0 rg BT 103.16 91.00 Td (\(including ) Tj ET Q q 0 0 0 rg BT 145.32 91.00 Td (Luxembourg ) Tj ET Q q 0 0 0 rg BT 199.00 91.00 Td (and ) Tj ET Q q 0 0 0 rg BT 217.66 91.00 Td (Morocco\), ) Tj ET Q q 0 0 0 rg BT 261.32 91.00 Td (United ) Tj ET Q q 0 0 0 rg BT 290.98 91.00 Td (States ) Tj ET Q q 0 0 0 rg BT 320.14 91.00 Td (of ) Tj ET Q q 0 0 0 rg BT 330.57 91.00 Td (America ) Tj ET Q q 0 0 0 rg BT 367.22 91.00 Td (\(U.S.\) ) Tj ET Q q 0 0 0 rg BT 394.36 91.00 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 446.01 91.00 Td (and ) Tj ET Q q 0 0 0 rg BT 464.67 91.00 Td (State ) Tj ET Q q 0 0 0 rg BT 489.33 91.00 Td (Government; ) Tj ET Q q 0 0 0 rg BT 545.00 91.00 Td (U.S. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 77.50 Td (Federal; ) Tj ET Q q 0 0 0 rg BT 107.58 77.50 Td (United ) Tj ET Q q 0 0 0 rg BT 136.66 77.50 Td (Kingdom ) Tj ET Q q 0 0 0 rg BT 175.25 77.50 Td (\(U.K.\); ) Tj ET Q q 0 0 0 rg BT 204.31 77.50 Td (Eastern, ) Tj ET Q q 0 0 0 rg BT 240.89 77.50 Td (Central ) Tj ET Q q 0 0 0 rg BT 272.97 77.50 Td (and ) Tj ET Q q 0 0 0 rg BT 291.05 77.50 Td (Southern ) Tj ET Q q 0 0 0 rg BT 330.64 77.50 Td (Europe ) Tj ET Q q 0 0 0 rg BT 362.73 77.50 Td (\(primarily ) Tj ET Q q 0 0 0 rg BT 402.79 77.50 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 454.38 77.50 Td (and ) Tj ET Q q 0 0 0 rg BT 472.46 77.50 Td (Germany\) ) Tj ET Q q 0 0 0 rg BT 515.53 77.50 Td (\(ECS\); ) Tj ET Q q 0 0 0 rg BT 544.99 77.50 Td (Asia ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 64.00 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 100.47 64.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 128.95 64.00 Td (Delivery ) Tj ET Q q 0 0 0 rg BT 163.92 64.00 Td (Centers ) Tj ET Q q 0 0 0 rg BT 197.90 64.00 Td (of ) Tj ET Q q 0 0 0 rg BT 207.87 64.00 Td (Excellence ) Tj ET Q q 0 0 0 rg BT 253.86 64.00 Td (\(India ) Tj ET Q q 0 0 0 rg BT 278.83 64.00 Td (and ) Tj ET Q q 0 0 0 rg BT 296.31 64.00 Td (Philippines\); ) Tj ET Q q 0 0 0 rg BT 347.80 64.00 Td (and ) Tj ET Q q 0 0 0 rg BT 364.79 64.00 Td (Australia. ) Tj ET Q q 0 0 0 rg BT 404.61 64.00 Td (The ) Tj ET Q q 0 0 0 rg BT 422.58 64.00 Td (last ) Tj ET Q q 0 0 0 rg BT 439.05 64.00 Td (two ) Tj ET Q q 0 0 0 rg BT 455.52 64.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 495.52 64.00 Td (segments, ) Tj ET Q q 0 0 0 rg BT 539.50 64.00 Td (which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 50.50 Td (each ) Tj ET Q q 0 0 0 rg BT 92.78 50.50 Td (have ) Tj ET Q q 0 0 0 rg BT 114.06 50.50 Td (reported ) Tj ET Q q 0 0 0 rg BT 149.34 50.50 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 186.13 50.50 Td (earnings ) Tj ET Q q 0 0 0 rg BT 222.41 50.50 Td (and ) Tj ET Q q 0 0 0 rg BT 239.19 50.50 Td (assets ) Tj ET Q q 0 0 0 rg BT 266.96 50.50 Td (that ) Tj ET Q q 0 0 0 rg BT 283.73 50.50 Td (are ) Tj ET Q q 0 0 0 rg BT 298.50 50.50 Td (less ) Tj ET Q q 0 0 0 rg BT 316.27 50.50 Td (than ) Tj ET Q q 0 0 0 rg BT 335.55 50.50 Td (10% ) Tj ET Q q 0 0 0 rg BT 355.32 50.50 Td (of ) Tj ET Q q 0 0 0 rg BT 364.59 50.50 Td (the ) Tj ET Q q 0 0 0 rg BT 378.86 50.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 425.36 50.50 Td (total ) Tj ET Q q 0 0 0 rg BT 444.14 50.50 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 480.92 50.50 Td (earnings ) Tj ET Q q 0 0 0 rg BT 517.21 50.50 Td (and ) Tj ET Q q 0 0 0 rg BT 533.98 50.50 Td (assets, ) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 554.85 22.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 708.95 Td (are ) Tj ET Q q 0 0 0 rg BT 87.24 708.95 Td (grouped ) Tj ET Q q 0 0 0 rg BT 123.01 708.95 Td (together ) Tj ET Q q 0 0 0 rg BT 158.77 708.95 Td (as ) Tj ET Q q 0 0 0 rg BT 170.47 708.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 190.71 708.95 Td (Pacific. ) Tj ET Q q 0 0 0 rg BT 222.28 708.95 Td (This ) Tj ET Q q 0 0 0 rg BT 242.02 708.95 Td (MD&A) Tj ET Q q 0 0 0 rg BT 267.52 708.95 Td ( ) Tj ET Q q 0 0 0 rg BT 270.26 708.95 Td (also ) Tj ET Q q 0 0 0 rg BT 289.51 708.95 Td (includes ) Tj ET Q q 0 0 0 rg BT 325.26 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 340.51 708.95 Td (transfer ) Tj ET Q q 0 0 0 rg BT 373.76 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 384.00 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 399.75 708.95 Td (Poland ) Tj ET Q q 0 0 0 rg BT 430.51 708.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 475.27 708.95 Td (from ) Tj ET Q q 0 0 0 rg BT 496.01 708.95 Td (ECS ) Tj ET Q q 0 0 0 rg BT 517.25 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 527.49 708.95 Td (Northern ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 695.45 Td (Europe. ) Tj ET Q q 0 0 0 rg BT 105.41 695.45 Td (The ) Tj ET Q q 0 0 0 rg BT 123.48 695.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 164.56 695.45 Td (has ) Tj ET Q q 0 0 0 rg BT 181.63 695.45 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 242.20 695.45 Td (revised ) Tj ET Q q 0 0 0 rg BT 273.77 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 288.84 695.45 Td (segmented ) Tj ET Q q 0 0 0 rg BT 335.93 695.45 Td (information ) Tj ET Q q 0 0 0 rg BT 383.01 695.45 Td (for ) Tj ET Q q 0 0 0 rg BT 396.07 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 411.14 695.45 Td (comparative ) Tj ET Q q 0 0 0 rg BT 462.72 695.45 Td (periods ) Tj ET Q q 0 0 0 rg BT 494.80 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 504.86 695.45 Td (conform ) Tj ET Q q 0 0 0 rg BT 539.93 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 549.99 695.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 681.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 108.78 681.95 Td (information ) Tj ET Q q 0 0 0 rg BT 156.05 681.95 Td (structure ) Tj ET Q q 0 0 0 rg BT 193.82 681.95 Td (in ) Tj ET Q q 0 0 0 rg BT 203.58 681.95 Td (ef) Tj ET Q q 0 0 0 rg BT 210.93 681.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 228.19 681.95 Td (as ) Tj ET Q q 0 0 0 rg BT 240.45 681.95 Td (of ) Tj ET Q q 0 0 0 rg BT 250.71 681.95 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 265.48 681.95 Td (2018. ) Tj ET Q q 0 0 0 rg BT 290.76 681.95 Td (Please ) Tj ET Q q 0 0 0 rg BT 321.03 681.95 Td (refer ) Tj ET Q q 0 0 0 rg BT 342.29 681.95 Td (to ) Tj ET Q q 0 0 0 rg BT 352.56 681.95 Td (sections ) Tj ET Q q 0 0 0 rg BT 388.33 681.95 Td (3.4 ) Tj ET Q q 0 0 0 rg BT 403.60 681.95 Td (and ) Tj ET Q q 0 0 0 rg BT 421.37 681.95 Td (3.6 ) Tj ET Q q 0 0 0 rg BT 436.64 681.95 Td (of ) Tj ET Q q 0 0 0 rg BT 446.90 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 462.17 681.95 Td (present ) Tj ET Q q 0 0 0 rg BT 494.95 681.95 Td (document ) Tj ET Q q 0 0 0 rg BT 537.23 681.95 Td (and ) Tj ET Q q 0 0 0 rg BT 555.00 681.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 668.45 Td (note ) Tj ET Q q 0 0 0 rg BT 91.52 668.45 Td (10 ) Tj ET Q q 0 0 0 rg BT 104.03 668.45 Td (of ) Tj ET Q q 0 0 0 rg BT 114.03 668.45 Td (our ) Tj ET Q q 0 0 0 rg BT 129.54 668.45 Td (interim ) Tj ET Q q 0 0 0 rg BT 159.05 668.45 Td (condensed ) Tj ET Q q 0 0 0 rg BT 205.59 668.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 258.62 668.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 294.14 668.45 Td (statements ) Tj ET Q q 0 0 0 rg BT 340.67 668.45 Td (for ) Tj ET Q q 0 0 0 rg BT 353.67 668.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 394.70 668.45 Td (information ) Tj ET Q q 0 0 0 rg BT 441.72 668.45 Td (on ) Tj ET Q q 0 0 0 rg BT 454.23 668.45 Td (our ) Tj ET Q q 0 0 0 rg BT 469.74 668.45 Td (segments.) 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Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 49.50 588.90 Td (In ) Tj ET Q q 0 0 0 rg BT 59.51 588.90 Td (order ) Tj ET Q q 0 0 0 rg BT 83.02 588.90 Td (to ) Tj ET Q q 0 0 0 rg BT 93.02 588.90 Td (achieve ) Tj ET Q q 0 0 0 rg BT 126.54 588.90 Td (these ) Tj ET Q q 0 0 0 rg BT 151.06 588.90 Td (objectives, ) Tj ET Q q 0 0 0 rg BT 196.08 588.90 Td (this ) Tj ET Q q 0 0 0 rg BT 212.59 588.90 Td (MD&A) Tj ET Q q 0 0 0 rg BT 238.10 588.90 Td ( ) Tj ET Q q 0 0 0 rg BT 240.60 588.90 Td (is ) Tj ET Q q 0 0 0 rg BT 249.60 588.90 Td (presented ) Tj ET Q q 0 0 0 rg BT 292.13 588.90 Td (in ) Tj ET Q q 0 0 0 rg BT 301.63 588.90 Td (the ) Tj ET Q q 0 0 0 rg BT 316.64 588.90 Td (following ) Tj ET Q q 0 0 0 rg BT 354.16 588.90 Td (main ) Tj ET Q q 0 0 0 rg BT 376.17 588.90 Td (sections:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 50.00 575.40 108.00 -17.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 158.00 575.40 4.00 -17.00 re f /GS0 gs 0.6 0.12156862745098039 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531.85 Td (which ) Tj ET Q q 0 0 0 rg BT 190.01 531.85 Td (we ) Tj ET Q q 0 0 0 rg BT 204.02 531.85 Td (operate.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 510.35 Td (1.1. ) Tj ET Q q 0 0 0 rg BT 182.01 510.35 Td () Tj ET Q q 0 0 0 rg BT 191.77 510.35 Td (About ) Tj ET Q q 0 0 0 rg BT 217.54 510.35 Td (CGI) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 497.35 Td (1.2. ) Tj ET Q q 0 0 0 rg BT 182.01 497.35 Td (V) Tj ET Q q 0 0 0 rg BT 197.94 497.35 Td (ision ) Tj ET Q q 0 0 0 rg BT 218.86 497.35 Td (and ) Tj ET Q q 0 0 0 rg BT 236.38 497.35 Td (Strategy) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 484.35 Td (1.3. ) Tj ET Q q 0 0 0 rg BT 182.01 484.35 Td (Competitive ) Tj ET Q q 0 0 0 rg BT 242.03 484.35 Td (Environment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 463.35 Td (2.Highlights and Key) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 449.85 Td (Performance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 436.40 Td (Measures) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 463.35 Td (A) Tj ET Q q 0 0 0 rg BT 170.25 463.35 Td ( ) Tj ET Q q 0 0 0 rg BT 172.44 463.35 Td (summary ) Tj ET Q q 0 0 0 rg BT 211.87 463.35 Td (of ) Tj ET Q q 0 0 0 rg BT 221.81 463.35 Td (key ) Tj ET Q q 0 0 0 rg BT 238.24 463.35 Td (highlights ) Tj ET Q q 0 0 0 rg BT 278.70 463.35 Td (during ) Tj ET Q q 0 0 0 rg BT 306.15 463.35 Td (the ) Tj ET Q q 0 0 0 rg BT 321.09 463.35 Td (quarter) Tj ET Q q 0 0 0 rg BT 349.36 463.35 Td (, ) Tj ET Q q 0 0 0 rg BT 354.04 463.35 Td (the ) Tj ET Q q 0 0 0 rg BT 368.98 463.35 Td (past ) Tj ET Q q 0 0 0 rg BT 388.42 463.35 Td (eight ) Tj ET Q q 0 0 0 rg BT 410.37 463.35 Td (quarters' ) Tj ET Q q 0 0 0 rg BT 447.54 463.35 Td (key ) Tj ET Q q 0 0 0 rg BT 463.97 463.35 Td (performance ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 449.85 Td (measures, ) Tj ET Q q 0 0 0 rg BT 209.02 449.85 Td (and ) Tj ET Q q 0 0 0 rg BT 226.53 449.85 Td (CGI) Tj ET Q q 0 0 0 rg BT 244.45 449.85 Td (s ) Tj ET Q q 0 0 0 rg BT 251.37 449.85 Td (stock ) Tj ET Q q 0 0 0 rg BT 274.88 449.85 Td (performance.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 426.35 Td (2.1. ) Tj ET Q q 0 0 0 rg BT 182.01 426.35 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 206.52 426.35 Td (2018 ) Tj ET Q q 0 0 0 rg BT 229.04 426.35 Td (Highlights) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 413.35 Td (2.2. ) Tj ET Q q 0 0 0 rg BT 182.01 413.35 Td (Selected ) Tj ET Q q 0 0 0 rg BT 229.54 413.35 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 269.05 413.35 Td (Information ) Tj ET Q q 0 0 0 rg BT 316.57 413.35 Td (& ) Tj ET Q q 0 0 0 rg BT 325.08 413.35 Td (Key ) Tj ET Q q 0 0 0 rg BT 343.08 413.35 Td (Performance ) Tj ET Q q 0 0 0 rg BT 397.11 413.35 Td (Measures) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 400.35 Td (2.3. ) Tj ET Q q 0 0 0 rg BT 182.01 400.35 Td (Stock ) Tj ET Q q 0 0 0 rg BT 217.02 400.35 Td (Performance) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 387.35 Td (2.4. ) Tj ET Q q 0 0 0 rg BT 182.01 387.35 Td ( ) Tj ET Q q 0 0 0 rg BT 184.51 387.35 Td ( ) Tj ET Q q 0 0 0 rg BT 187.01 387.35 Td ( ) Tj ET Q q 0 0 0 rg BT 189.51 387.35 Td ( ) Tj ET Q q 0 0 0 rg BT 192.01 387.35 Td (Investments ) Tj ET Q q 0 0 0 rg BT 243.03 387.35 Td (in ) Tj ET Q q 0 0 0 rg BT 252.54 387.35 Td (Subsidiaries) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 366.35 Td (3.Financial Review) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 366.35 Td (A) Tj ET Q q 0 0 0 rg BT 170.01 366.35 Td ( ) Tj ET Q q 0 0 0 rg BT 173.03 366.35 Td (discussion ) Tj ET Q q 0 0 0 rg BT 218.08 366.35 Td (of ) Tj ET Q q 0 0 0 rg BT 228.61 366.35 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 290.15 366.35 Td (changes ) Tj ET Q q 0 0 0 rg BT 327.20 366.35 Td (to ) Tj ET Q q 0 0 0 rg BT 337.74 366.35 Td (financial ) Tj ET Q q 0 0 0 rg BT 373.78 366.35 Td (results ) Tj ET Q q 0 0 0 rg BT 403.31 366.35 Td (between ) Tj ET Q q 0 0 0 rg BT 440.37 366.35 Td (the ) Tj ET Q q 0 0 0 rg BT 455.90 366.35 Td (three ) Tj ET Q q 0 0 0 rg BT 479.44 366.35 Td (and ) Tj ET Q q 0 0 0 rg BT 497.48 366.35 Td (nine ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 352.85 Td (months ) Tj ET Q q 0 0 0 rg BT 197.67 352.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 226.36 352.85 Td (June ) Tj ET Q q 0 0 0 rg BT 249.54 352.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 265.71 352.85 Td (2018 ) Tj ET Q q 0 0 0 rg BT 289.39 352.85 Td (and ) Tj ET Q q 0 0 0 rg BT 308.07 352.85 Td (2017, ) Tj ET Q q 0 0 0 rg BT 334.25 352.85 Td (describing ) Tj ET Q q 0 0 0 rg BT 378.93 352.85 Td (the ) Tj ET Q q 0 0 0 rg BT 395.10 352.85 Td (factors ) Tj ET Q q 0 0 0 rg BT 425.77 352.85 Td (af) Tj ET Q q 0 0 0 rg BT 433.12 352.85 Td (fecting ) Tj ET Q q 0 0 0 rg BT 463.29 352.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 499.48 352.85 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 339.35 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 201.29 339.35 Td (EBIT) Tj ET Q q 0 0 0 rg BT 221.13 339.35 Td ( ) Tj ET Q q 0 0 0 rg BT 223.90 339.35 Td (on ) Tj ET Q q 0 0 0 rg BT 236.68 339.35 Td (a ) Tj ET Q q 0 0 0 rg BT 244.45 339.35 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 297.75 339.35 Td (and ) Tj ET Q q 0 0 0 rg BT 315.54 339.35 Td (segment ) Tj ET Q q 0 0 0 rg BT 352.82 339.35 Td (basis, ) Tj ET Q q 0 0 0 rg BT 379.10 339.35 Td (and ) Tj ET Q q 0 0 0 rg BT 396.88 339.35 Td (also ) Tj ET Q q 0 0 0 rg BT 416.16 339.35 Td (by ) Tj ET Q q 0 0 0 rg BT 428.43 339.35 Td (describing ) Tj ET Q q 0 0 0 rg BT 472.22 339.35 Td (the ) Tj ET Q q 0 0 0 rg BT 487.50 339.35 Td (factors ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 325.85 Td (af) Tj ET Q q 0 0 0 rg BT 171.84 325.85 Td (fecting ) Tj ET Q q 0 0 0 rg BT 200.95 325.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 237.56 325.85 Td (in ) Tj ET Q q 0 0 0 rg BT 247.16 325.85 Td (the ) Tj ET Q q 0 0 0 rg BT 262.26 325.85 Td (major ) Tj ET Q q 0 0 0 rg BT 287.35 325.85 Td (expense ) Tj ET Q q 0 0 0 rg BT 323.96 325.85 Td (categories. ) Tj ET Q q 0 0 0 rg BT 370.06 325.85 Td (Also ) Tj ET Q q 0 0 0 rg BT 390.16 325.85 Td (discussed ) Tj ET Q q 0 0 0 rg BT 432.77 325.85 Td (are ) Tj ET Q q 0 0 0 rg BT 448.36 325.85 Td (bookings ) Tj ET Q q 0 0 0 rg BT 486.98 325.85 Td (broken ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 312.35 Td (down ) Tj ET Q q 0 0 0 rg BT 188.52 312.35 Td (by ) Tj ET Q q 0 0 0 rg BT 200.52 312.35 Td (contract ) Tj ET Q q 0 0 0 rg BT 235.04 312.35 Td (type, ) Tj ET Q q 0 0 0 rg BT 257.05 312.35 Td (service ) Tj ET Q q 0 0 0 rg BT 288.06 312.35 Td (type, ) Tj ET Q q 0 0 0 rg BT 310.07 312.35 Td (segment, ) Tj ET Q q 0 0 0 rg BT 349.59 312.35 Td (and ) Tj ET Q q 0 0 0 rg BT 367.11 312.35 Td (by ) Tj ET Q q 0 0 0 rg BT 379.11 312.35 Td (vertical ) Tj ET Q q 0 0 0 rg BT 410.12 312.35 Td (market.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 288.35 Td (3.1. ) Tj ET Q q 0 0 0 rg BT 182.01 288.35 Td (Bookings ) Tj ET Q q 0 0 0 rg BT 231.54 288.35 Td (and ) Tj ET Q q 0 0 0 rg BT 249.06 288.35 Td (Book-to-Bill ) Tj ET Q q 0 0 0 rg BT 297.57 288.35 Td (Ratio) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 275.35 Td (3.2. ) Tj ET Q q 0 0 0 rg BT 182.01 275.35 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 225.03 275.35 Td (Exchange) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 262.35 Td (3.3. ) Tj ET Q q 0 0 0 rg BT 182.01 262.35 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 230.54 262.35 Td (Distribution) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 249.35 Td (3.4. ) Tj ET Q q 0 0 0 rg BT 182.01 249.35 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 230.54 249.35 Td (by ) Tj ET Q q 0 0 0 rg BT 242.55 249.35 Td (Segment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 236.35 Td (3.5. ) Tj ET Q q 0 0 0 rg BT 182.01 236.35 Td (Operating ) Tj ET Q q 0 0 0 rg BT 234.04 236.35 Td (Expenses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 223.35 Td (3.6. ) Tj ET Q q 0 0 0 rg BT 182.01 223.35 Td () Tj ET Q q 0 0 0 rg BT 191.77 223.35 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 229.04 223.35 Td (EBIT) Tj ET Q q 0 0 0 rg BT 248.96 223.35 Td ( ) Tj ET Q q 0 0 0 rg BT 251.38 223.35 Td (by ) Tj ET Q q 0 0 0 rg BT 263.39 223.35 Td (Segment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 210.35 Td (3.7. ) Tj ET Q q 0 0 0 rg BT 182.01 210.35 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 230.04 210.35 Td (Before ) Tj ET Q q 0 0 0 rg BT 259.05 210.35 Td (Income ) Tj ET Q q 0 0 0 rg BT 290.99 210.35 Td (T) Tj ET Q q 0 0 0 rg BT 295.90 210.35 Td (axes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 197.35 Td (3.8. ) Tj ET Q q 0 0 0 rg BT 182.01 197.35 Td (Net ) Tj ET Q q 0 0 0 rg BT 208.52 197.35 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 246.54 197.35 Td (and ) Tj ET Q q 0 0 0 rg BT 264.06 197.35 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 302.08 197.35 Td (Per ) Tj ET Q q 0 0 0 rg BT 318.59 197.35 Td (Share) Tj ET Q BT /F1 10.00 Tf ET BT 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0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 441.00 108.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 437.00 108.00 -29.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 408.00 108.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 404.00 108.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 400.00 108.00 -27.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 373.00 108.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 363.00 108.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 350.00 108.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 50.00 337.00 108.00 -4.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 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0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 478 m 518 445 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 478 m 563 445 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 445 m 50 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 441 m 158 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 445 m 158 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 445 m 518 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 445 m 563 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 441 m 50 437 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 441 m 158 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 441 m 158 437 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 441 m 162 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 162 441 m 518 441 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 441 m 518 437 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 441 m 563 437 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 441 m 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[] 0 d 0 J 0 j 3 M 518 404 m 518 400 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 404 m 563 400 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 400 m 50 373 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 400 m 158 373 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 400 m 518 373 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 400 m 563 373 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 373 m 50 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 373 m 158 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 373 m 518 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 373 m 563 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 363 m 50 350 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 363 m 158 350 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 363 m 518 350 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 363 m 563 350 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 350 m 50 337 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 350 m 158 337 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 350 m 518 337 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 350 m 563 337 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 337 m 50 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 333 m 158 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 337 m 158 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 158 333 m 162 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 162 333 m 518 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 337 m 518 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 563 337 m 563 333 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 518 333 m 563 333 l s BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 52.50 704.20 Td (Section) Tj ET Q BT /F2 9.00 Tf ET q 1 1 1 rg BT 164.50 704.20 Td (Contents) Tj ET Q BT /F2 9.00 Tf ET q 1 1 1 rg BT 526.70 704.20 Td (Pages) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 52.50 684.95 Td (4.Liquidity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 684.95 Td (A) Tj ET Q q 0 0 0 rg BT 170.25 684.95 Td ( ) Tj ET Q q 0 0 0 rg BT 172.74 684.95 Td (discussion ) Tj ET Q q 0 0 0 rg BT 217.50 684.95 Td (of ) Tj ET Q q 0 0 0 rg BT 227.74 684.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 264.50 684.95 Td (in ) Tj ET Q q 0 0 0 rg BT 274.24 684.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 295.98 684.95 Td (flows ) Tj ET Q q 0 0 0 rg BT 319.22 684.95 Td (from ) Tj ET Q q 0 0 0 rg BT 339.96 684.95 Td (operating, ) Tj ET Q q 0 0 0 rg BT 382.72 684.95 Td (investing ) Tj ET Q q 0 0 0 rg BT 420.98 684.95 Td (and ) Tj ET Q q 0 0 0 rg BT 438.73 684.95 Td (financing ) Tj ET Q q 0 0 0 rg BT 477.49 684.95 Td (activities. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 671.45 Td (This ) Tj ET Q q 0 0 0 rg BT 187.67 671.45 Td (section ) Tj ET Q q 0 0 0 rg BT 222.35 671.45 Td (also ) Tj ET Q q 0 0 0 rg BT 245.03 671.45 Td (describes ) Tj ET Q q 0 0 0 rg BT 289.72 671.45 Td (the ) Tj ET Q q 0 0 0 rg BT 308.40 671.45 Td (Company) Tj ET Q q 0 0 0 rg BT 348.83 671.45 Td (s ) Tj ET Q q 0 0 0 rg BT 359.42 671.45 Td (available ) Tj ET Q q 0 0 0 rg BT 401.11 671.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 433.29 671.45 Td (resources, ) Tj ET Q q 0 0 0 rg BT 481.48 671.45 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 657.95 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 214.81 657.95 Td (and ) Tj ET Q q 0 0 0 rg BT 231.13 657.95 Td (of) Tj ET Q q 0 0 0 rg BT 238.55 657.95 Td (f-balance ) Tj ET Q q 0 0 0 rg BT 276.79 657.95 Td (sheet ) Tj ET Q q 0 0 0 rg BT 300.10 657.95 Td (financing ) Tj ET Q q 0 0 0 rg BT 337.43 657.95 Td (and ) Tj ET Q q 0 0 0 rg BT 353.74 657.95 Td (guarantees. ) Tj ET Q q 0 0 0 rg BT 402.57 657.95 Td (Measures ) Tj ET Q q 0 0 0 rg BT 443.39 657.95 Td (of ) Tj ET Q q 0 0 0 rg BT 452.19 657.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 479.50 657.95 Td (structure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 644.45 Td (\(net ) Tj ET Q q 0 0 0 rg BT 182.89 644.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 203.29 644.45 Td (to ) Tj ET Q q 0 0 0 rg BT 213.67 644.45 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 268.59 644.45 Td (ratio, ) Tj ET Q q 0 0 0 rg BT 291.48 644.45 Td (ROE, ) Tj ET Q q 0 0 0 rg BT 316.36 644.45 Td (and ) Tj ET Q q 0 0 0 rg BT 334.26 644.45 Td (ROIC\) ) Tj ET Q q 0 0 0 rg BT 362.64 644.45 Td (and ) Tj ET Q q 0 0 0 rg BT 380.54 644.45 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 413.43 644.45 Td (\(DSO\) ) Tj ET Q q 0 0 0 rg BT 441.81 644.45 Td (are ) Tj ET Q q 0 0 0 rg BT 457.70 644.45 Td (analyzed ) Tj ET Q q 0 0 0 rg BT 496.61 644.45 Td (on ) Tj ET Q q 0 0 0 rg BT 509.50 644.45 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 630.95 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 225.52 630.95 Td (basis.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 606.95 Td (4.1. ) Tj ET Q q 0 0 0 rg BT 182.01 606.95 Td (Interim ) Tj ET Q q 0 0 0 rg BT 222.02 606.95 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 270.56 606.95 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 325.59 606.95 Td (Statements ) Tj ET Q q 0 0 0 rg BT 373.62 606.95 Td (of ) Tj ET Q q 0 0 0 rg BT 383.62 606.95 Td (Cash ) Tj ET Q q 0 0 0 rg BT 407.14 606.95 Td (Flows) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 593.95 Td (4.2. ) Tj ET Q q 0 0 0 rg BT 182.01 593.95 Td (Capital ) Tj ET Q q 0 0 0 rg BT 222.53 593.95 Td (Resources) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 580.95 Td (4.3. ) Tj ET Q q 0 0 0 rg BT 182.01 580.95 Td (Contractual ) Tj ET Q q 0 0 0 rg BT 240.54 580.95 Td (Obligations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 567.95 Td (4.4. ) Tj ET Q q 0 0 0 rg BT 182.01 567.95 Td (Financial ) Tj ET Q q 0 0 0 rg BT 230.53 567.95 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 280.05 567.95 Td (and ) Tj ET Q q 0 0 0 rg BT 297.57 567.95 Td (Hedging ) Tj ET Q q 0 0 0 rg BT 333.51 567.95 Td (T) Tj ET Q q 0 0 0 rg BT 338.76 567.95 Td (ransactions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 554.95 Td (4.5. ) Tj ET Q q 0 0 0 rg BT 182.01 554.95 Td (Selected ) Tj ET Q q 0 0 0 rg BT 229.54 554.95 Td (Measures ) Tj ET Q q 0 0 0 rg BT 271.56 554.95 Td (of ) Tj ET Q q 0 0 0 rg BT 281.56 554.95 Td (Capital ) Tj ET Q q 0 0 0 rg BT 312.08 554.95 Td (Resources ) Tj ET Q q 0 0 0 rg BT 357.60 554.95 Td (and ) Tj ET Q q 0 0 0 rg BT 375.11 554.95 Td (Liquidity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 541.95 Td (4.6. ) Tj ET Q q 0 0 0 rg BT 182.01 541.95 Td (Of) Tj ET Q q 0 0 0 rg BT 201.43 541.95 Td (f-Balance ) Tj ET Q q 0 0 0 rg BT 241.87 541.95 Td (Sheet ) Tj ET Q q 0 0 0 rg BT 267.89 541.95 Td (Financing ) Tj ET Q q 0 0 0 rg BT 309.42 541.95 Td (and ) Tj ET Q q 0 0 0 rg BT 326.94 541.95 Td (Guarantees) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 528.95 Td (4.7. ) Tj ET Q q 0 0 0 rg BT 182.01 528.95 Td (Capability ) Tj ET Q q 0 0 0 rg BT 234.03 528.95 Td (to ) Tj ET Q q 0 0 0 rg BT 244.04 528.95 Td (Deliver ) Tj ET Q q 0 0 0 rg BT 274.55 528.95 Td (Results) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 505.95 Td (5. ) Tj ET Q q 0 0 0 rg BT 75.00 505.95 Td (Changes in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 492.45 Td (Accounting Policies) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 507.95 Td (A) Tj ET Q q 0 0 0 rg BT 170.25 507.95 Td ( ) Tj ET Q q 0 0 0 rg BT 172.51 507.95 Td (summary ) Tj ET Q q 0 0 0 rg BT 212.01 507.95 Td (of ) Tj ET Q q 0 0 0 rg BT 222.02 507.95 Td (the ) Tj ET Q q 0 0 0 rg BT 237.03 507.95 Td (future ) Tj ET Q q 0 0 0 rg BT 262.54 507.95 Td (accounting ) Tj ET Q q 0 0 0 rg BT 308.57 507.95 Td (standard ) Tj ET Q q 0 0 0 rg BT 346.10 507.95 Td (changes.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 468.95 Td (6.Critical ) Tj ET Q q 0 0 0 rg BT 104.51 468.95 Td (Accounting) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 455.45 Td (Estimates) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 468.95 Td (A) Tj ET Q q 0 0 0 rg BT 170.25 468.95 Td ( discussion of the critical accounting estimates made in the preparation of the interim) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 455.45 Td (condensed consolidated financial statements.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 426.95 Td (7.Integrity of) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 413.45 Td (Disclosure) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 427.95 Td (A) Tj ET Q q 0 0 0 rg BT 170.25 427.95 Td ( ) Tj ET Q q 0 0 0 rg BT 171.81 427.95 Td (discussion ) Tj ET Q q 0 0 0 rg BT 215.63 427.95 Td (of ) Tj ET Q q 0 0 0 rg BT 224.94 427.95 Td (the ) Tj ET Q q 0 0 0 rg BT 239.25 427.95 Td (existence ) Tj ET Q q 0 0 0 rg BT 279.08 427.95 Td (of ) Tj ET Q q 0 0 0 rg BT 288.38 427.95 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 335.72 427.95 Td (information ) Tj ET Q q 0 0 0 rg BT 382.04 427.95 Td (systems, ) Tj ET Q q 0 0 0 rg BT 419.35 427.95 Td (procedures ) Tj ET Q q 0 0 0 rg BT 466.18 427.95 Td (and ) Tj ET Q q 0 0 0 rg BT 482.99 427.95 Td (controls ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 414.45 Td (to ) Tj ET Q q 0 0 0 rg BT 173.62 414.45 Td (ensure ) Tj ET Q q 0 0 0 rg BT 202.74 414.45 Td (that ) Tj ET Q q 0 0 0 rg BT 219.36 414.45 Td (information ) Tj ET Q q 0 0 0 rg BT 265.49 414.45 Td (used ) Tj ET Q q 0 0 0 rg BT 286.62 414.45 Td (internally ) Tj ET Q q 0 0 0 rg BT 324.25 414.45 Td (and ) Tj ET Q q 0 0 0 rg BT 340.87 414.45 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 380.00 414.45 Td (externally ) Tj ET Q q 0 0 0 rg BT 420.13 414.45 Td (is ) Tj ET Q q 0 0 0 rg BT 428.24 414.45 Td (complete ) Tj ET Q q 0 0 0 rg BT 466.37 414.45 Td (and ) Tj ET Q q 0 0 0 rg BT 482.99 414.45 Td (reliable.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 390.95 Td (8. Risk Environment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 390.95 Td (A) Tj ET Q q 0 0 0 rg BT 170.01 390.95 Td ( ) Tj ET Q q 0 0 0 rg BT 172.84 390.95 Td (discussion ) Tj ET Q q 0 0 0 rg BT 217.69 390.95 Td (of ) Tj ET Q q 0 0 0 rg BT 228.03 390.95 Td (the ) Tj ET Q q 0 0 0 rg BT 243.38 390.95 Td (risks ) Tj ET Q q 0 0 0 rg BT 264.71 390.95 Td (af) Tj ET Q q 0 0 0 rg BT 272.05 390.95 Td (fecting ) Tj ET Q q 0 0 0 rg BT 301.40 390.95 Td (our ) Tj ET Q q 0 0 0 rg BT 317.25 390.95 Td (business ) Tj ET Q q 0 0 0 rg BT 355.60 390.95 Td (activities ) Tj ET Q q 0 0 0 rg BT 392.95 390.95 Td (and ) Tj ET Q q 0 0 0 rg BT 410.80 390.95 Td (what ) Tj ET Q q 0 0 0 rg BT 432.64 390.95 Td (may ) Tj ET Q q 0 0 0 rg BT 452.48 390.95 Td (be ) Tj ET Q q 0 0 0 rg BT 465.32 390.95 Td (the ) Tj ET Q q 0 0 0 rg BT 480.67 390.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 510.01 390.95 Td (if ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 377.45 Td (these ) Tj ET Q q 0 0 0 rg BT 189.02 377.45 Td (risks ) Tj ET Q q 0 0 0 rg BT 210.01 377.45 Td (are ) Tj ET Q q 0 0 0 rg BT 225.52 377.45 Td (realized.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 353.95 Td (8.1. ) Tj ET Q q 0 0 0 rg BT 182.01 353.95 Td (Risks ) Tj ET Q q 0 0 0 rg BT 214.01 353.95 Td (and ) Tj ET Q q 0 0 0 rg BT 231.53 353.95 Td (Uncertainties) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.50 340.95 Td (8.2.Legal ) Tj ET Q q 0 0 0 rg BT 214.04 340.95 Td (Proceedings) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 606.95 Td (26) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 593.95 Td (29) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 580.95 Td (29) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 567.95 Td (29) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 554.95 Td (30) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 541.95 Td (30) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 528.95 Td (31) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 507.95 Td (32) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 468.95 Td (34) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 427.95 Td (37) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 353.95 Td (38) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 340.95 Td (46) Tj ET Q BT /F3 9.00 Tf ET endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 554.85 22.10 Td (8) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td (1. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Corporate Overview) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 696.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 692.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 142.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 692.3 m 228.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 692.3 m 313.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 692.3 m 431.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 692.3 m 561.5 692.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 57.5 688.3 l s BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 666.30 Td (1.1. ) Tj ET Q q 0 0 0 rg BT 90.68 666.30 Td (ABOUT ) Tj ET Q q 0 0 0 rg BT 125.18 666.30 Td (CGI) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 646.80 Td (Founded ) Tj ET Q q 0 0 0 rg BT 109.23 646.80 Td (in ) Tj ET Q q 0 0 0 rg BT 118.44 646.80 Td (1976 ) Tj ET Q q 0 0 0 rg BT 140.66 646.80 Td (and ) Tj ET Q q 0 0 0 rg BT 157.87 646.80 Td (headquartered ) Tj ET Q q 0 0 0 rg BT 218.62 646.80 Td (in ) Tj ET Q q 0 0 0 rg BT 227.83 646.80 Td (Montral, ) Tj ET Q q 0 0 0 rg BT 267.54 646.80 Td (Canada, ) Tj ET Q q 0 0 0 rg BT 303.77 646.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 321.97 646.80 Td (is ) Tj ET Q q 0 0 0 rg BT 330.67 646.80 Td (among ) Tj ET Q q 0 0 0 rg BT 360.39 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 375.10 646.80 Td (largest ) Tj ET Q q 0 0 0 rg BT 404.31 646.80 Td (independent ) Tj ET Q q 0 0 0 rg BT 456.06 646.80 Td (information ) Tj ET Q q 0 0 0 rg BT 502.78 646.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 548.52 646.80 Td (\(IT\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 633.30 Td (and ) Tj ET Q q 0 0 0 rg BT 88.78 633.30 Td (business ) Tj ET Q q 0 0 0 rg BT 126.56 633.30 Td (consulting ) Tj ET Q q 0 0 0 rg BT 169.34 633.30 Td (services ) Tj ET Q q 0 0 0 rg BT 204.61 633.30 Td (firms ) Tj ET Q q 0 0 0 rg BT 226.36 633.30 Td (in ) Tj ET Q q 0 0 0 rg BT 235.63 633.30 Td (the ) Tj ET Q q 0 0 0 rg BT 250.40 633.30 Td (world. ) Tj ET Q q 0 0 0 rg BT 276.67 633.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 294.93 633.30 Td (delivers ) Tj ET Q q 0 0 0 rg BT 328.20 633.30 Td (an ) Tj ET Q q 0 0 0 rg BT 340.47 633.30 Td (end-to-end ) Tj ET Q q 0 0 0 rg BT 386.26 633.30 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 420.54 633.30 Td (of ) Tj ET Q q 0 0 0 rg BT 430.31 633.30 Td (capabilities, ) Tj ET Q q 0 0 0 rg BT 479.59 633.30 Td (including ) Tj ET Q q 0 0 0 rg BT 517.38 633.30 Td (high-end ) Tj ET Q q 0 0 0 rg BT 554.66 633.30 Td (IT) Tj ET Q q 0 0 0 rg BT 562.50 633.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 619.80 Td (and ) Tj ET Q q 0 0 0 rg BT 89.30 619.80 Td (business ) Tj ET Q q 0 0 0 rg BT 127.60 619.80 Td (consulting, ) Tj ET Q q 0 0 0 rg BT 173.41 619.80 Td (systems ) Tj ET Q q 0 0 0 rg BT 209.19 619.80 Td (integration, ) Tj ET Q q 0 0 0 rg BT 256.50 619.80 Td (and ) Tj ET Q q 0 0 0 rg BT 274.30 619.80 Td (outsourcing. ) Tj ET Q q 0 0 0 rg BT 326.11 619.80 Td (CGI) Tj ET Q q 0 0 0 rg BT 343.95 619.80 Td (s ) Tj ET Q q 0 0 0 rg BT 351.23 619.80 Td (Intellectual ) Tj ET Q q 0 0 0 rg BT 397.04 619.80 Td (Property ) Tj ET Q q 0 0 0 rg BT 433.83 619.80 Td (\(IP\) ) Tj ET Q q 0 0 0 rg BT 451.11 619.80 Td (solutions, ) Tj ET Q q 0 0 0 rg BT 491.91 619.80 Td (combined ) Tj ET Q q 0 0 0 rg BT 533.72 619.80 Td (with ) Tj ET Q q 0 0 0 rg BT 552.51 619.80 Td (in-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 606.30 Td (depth ) Tj ET Q q 0 0 0 rg BT 95.79 606.30 Td (industry ) Tj ET Q q 0 0 0 rg BT 129.06 606.30 Td (expertise, ) Tj ET Q q 0 0 0 rg BT 169.85 606.30 Td (a ) Tj ET Q q 0 0 0 rg BT 176.62 606.30 Td (unique ) Tj ET Q q 0 0 0 rg BT 205.41 606.30 Td (client ) Tj ET Q q 0 0 0 rg BT 228.18 606.30 Td (proximity ) Tj ET Q q 0 0 0 rg BT 265.95 606.30 Td (and ) Tj ET Q q 0 0 0 rg BT 282.73 606.30 Td (best-fit ) Tj ET Q q 0 0 0 rg BT 311.50 606.30 Td (global ) Tj ET Q q 0 0 0 rg BT 337.29 606.30 Td (delivery ) Tj ET Q q 0 0 0 rg BT 370.06 606.30 Td (network ) Tj ET Q q 0 0 0 rg BT 403.34 606.30 Td (enable ) Tj ET Q q 0 0 0 rg BT 432.13 606.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 449.90 606.30 Td (to ) Tj ET Q q 0 0 0 rg BT 459.17 606.30 Td (partner ) Tj ET Q q 0 0 0 rg BT 489.45 606.30 Td (with ) Tj ET Q q 0 0 0 rg BT 507.22 606.30 Td (clients ) Tj ET Q q 0 0 0 rg BT 534.49 606.30 Td (around ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 592.80 Td (the ) Tj ET Q q 0 0 0 rg BT 87.98 592.80 Td (world ) Tj ET Q q 0 0 0 rg BT 113.45 592.80 Td (to ) Tj ET Q q 0 0 0 rg BT 124.92 592.80 Td (accelerate ) Tj ET Q q 0 0 0 rg BT 170.41 592.80 Td (results, ) Tj ET Q q 0 0 0 rg BT 203.39 592.80 Td (transform ) Tj ET Q q 0 0 0 rg BT 245.36 592.80 Td (their ) Tj ET Q q 0 0 0 rg BT 266.84 592.80 Td (organizations, ) Tj ET Q q 0 0 0 rg BT 326.84 592.80 Td (and ) Tj ET Q q 0 0 0 rg BT 345.82 592.80 Td (drive ) Tj ET Q q 0 0 0 rg BT 369.29 592.80 Td (competitive ) Tj ET Q q 0 0 0 rg BT 418.78 592.80 Td (advantage. ) Tj ET Q q 0 0 0 rg BT 467.03 592.80 Td (The ) Tj ET Q q 0 0 0 rg BT 486.50 592.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 528.98 592.80 Td (employs ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 579.30 Td (approximately ) Tj ET Q q 0 0 0 rg BT 130.03 579.30 Td (74,000 ) Tj ET Q q 0 0 0 rg BT 160.05 579.30 Td (professionals ) Tj ET Q q 0 0 0 rg BT 215.58 579.30 Td (worldwide.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 71.50 559.80 Td (End-to-end ) Tj ET Q q 0 0 0 rg BT 121.49 559.80 Td (services ) Tj ET Q q 0 0 0 rg BT 160.02 559.80 Td (and ) Tj ET Q q 0 0 0 rg BT 178.52 559.80 Td (solutions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 540.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 89.96 540.30 Td (delivers ) Tj ET Q q 0 0 0 rg BT 123.43 540.30 Td (end-to-end ) Tj ET Q q 0 0 0 rg BT 169.42 540.30 Td (services ) Tj ET Q q 0 0 0 rg BT 204.88 540.30 Td (that ) Tj ET Q q 0 0 0 rg BT 222.35 540.30 Td (cover ) Tj ET Q q 0 0 0 rg BT 246.82 540.30 Td (the ) Tj ET Q q 0 0 0 rg BT 261.79 540.30 Td (full ) Tj ET Q q 0 0 0 rg BT 275.75 540.30 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 315.22 540.30 Td (of ) Tj ET Q q 0 0 0 rg BT 325.18 540.30 Td (technology ) Tj ET Q q 0 0 0 rg BT 371.17 540.30 Td (delivery; ) Tj ET Q q 0 0 0 rg BT 407.14 540.30 Td (from ) Tj ET Q q 0 0 0 rg BT 427.60 540.30 Td (digital ) Tj ET Q q 0 0 0 rg BT 453.57 540.30 Td (strategy ) Tj ET Q q 0 0 0 rg BT 488.04 540.30 Td (and ) Tj ET Q q 0 0 0 rg BT 505.52 540.30 Td (architecture ) Tj ET Q q 0 0 0 rg BT 554.99 540.30 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 526.80 Td (solution ) Tj ET Q q 0 0 0 rg BT 105.02 526.80 Td (design, ) Tj ET Q q 0 0 0 rg BT 136.54 526.80 Td (development, ) Tj ET Q q 0 0 0 rg BT 193.08 526.80 Td (integration, ) Tj ET Q q 0 0 0 rg BT 240.11 526.80 Td (implementation, ) Tj ET Q q 0 0 0 rg BT 306.14 526.80 Td (and ) Tj ET Q q 0 0 0 rg BT 323.66 526.80 Td (operations. ) Tj ET Q q 0 0 0 rg BT 370.69 526.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 388.19 526.80 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 422.71 526.80 Td (encompasses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 505.80 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 109.50 505.80 Td (High-end ) Tj ET Q q 0 0 0 rg BT 151.20 505.80 Td (IT ) Tj ET Q q 0 0 0 rg BT 161.90 505.80 Td (and ) Tj ET Q q 0 0 0 rg BT 180.61 505.80 Td (business ) Tj ET Q q 0 0 0 rg BT 222.33 505.80 Td (consulting ) Tj ET Q q 0 0 0 rg BT 270.54 505.80 Td (and ) Tj ET Q q 0 0 0 rg BT 289.25 505.80 Td (systems ) Tj ET Q q 0 0 0 rg BT 327.98 505.80 Td (integration: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.18 505.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 398.89 505.80 Td (helps ) Tj ET Q q 0 0 0 rg BT 423.11 505.80 Td (clients ) Tj ET Q q 0 0 0 rg BT 451.33 505.80 Td (create ) Tj ET Q q 0 0 0 rg BT 479.05 505.80 Td (their ) Tj ET Q q 0 0 0 rg BT 499.26 505.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 525.49 505.80 Td (strategy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 492.30 Td (and ) Tj ET Q q 0 0 0 rg BT 126.90 492.30 Td (roadmap, ) Tj ET Q q 0 0 0 rg BT 167.30 492.30 Td (adopting ) Tj ET Q q 0 0 0 rg BT 204.21 492.30 Td (an ) Tj ET Q q 0 0 0 rg BT 216.60 492.30 Td (agile, ) Tj ET Q q 0 0 0 rg BT 240.50 492.30 Td (iterative ) Tj ET Q q 0 0 0 rg BT 274.39 492.30 Td (approach ) Tj ET Q q 0 0 0 rg BT 314.30 492.30 Td (that ) Tj ET Q q 0 0 0 rg BT 331.70 492.30 Td (enables ) Tj ET Q q 0 0 0 rg BT 365.60 492.30 Td (them ) Tj ET Q q 0 0 0 rg BT 387.99 492.30 Td (to ) Tj ET Q q 0 0 0 rg BT 397.88 492.30 Td (innovate, ) Tj ET Q q 0 0 0 rg BT 436.79 492.30 Td (connect ) Tj ET Q q 0 0 0 rg BT 470.69 492.30 Td (and ) Tj ET Q q 0 0 0 rg BT 488.09 492.30 Td (rationalize ) Tj ET Q q 0 0 0 rg BT 531.49 492.30 Td (legacy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 478.80 Td (systems ) Tj ET Q q 0 0 0 rg BT 145.00 478.80 Td (to ) Tj ET Q q 0 0 0 rg BT 155.01 478.80 Td (deliver ) Tj ET Q q 0 0 0 rg BT 184.02 478.80 Td (enterprise-wide ) Tj ET Q q 0 0 0 rg BT 248.05 478.80 Td (change.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 457.80 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 109.50 457.80 Td (Outsourcing: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 168.56 457.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 186.12 457.80 Td (clients ) Tj ET Q q 0 0 0 rg BT 214.19 457.80 Td (entrust ) Tj ET Q q 0 0 0 rg BT 244.26 457.80 Td (us ) Tj ET Q q 0 0 0 rg BT 256.32 457.80 Td (with ) Tj ET Q q 0 0 0 rg BT 274.89 457.80 Td (full ) Tj ET Q q 0 0 0 rg BT 288.95 457.80 Td (or ) Tj ET Q q 0 0 0 rg BT 299.51 457.80 Td (partial ) Tj ET Q q 0 0 0 rg BT 326.59 457.80 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 381.17 457.80 Td (for ) Tj ET Q q 0 0 0 rg BT 394.23 457.80 Td (their ) Tj ET Q q 0 0 0 rg BT 414.30 457.80 Td (IT) Tj ET Q q 0 0 0 rg BT 422.13 457.80 Td ( ) Tj ET Q q 0 0 0 rg BT 424.69 457.80 Td (and ) Tj ET Q q 0 0 0 rg BT 442.27 457.80 Td (business ) Tj ET Q q 0 0 0 rg BT 480.35 457.80 Td (functions. ) Tj ET Q q 0 0 0 rg BT 521.43 457.80 Td (In ) Tj ET Q q 0 0 0 rg BT 531.49 457.80 Td (return, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 444.30 Td (we ) Tj ET Q q 0 0 0 rg BT 124.40 444.30 Td (deliver ) Tj ET Q q 0 0 0 rg BT 154.31 444.30 Td (innovation, ) Tj ET Q q 0 0 0 rg BT 201.24 444.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 244.66 444.30 Td (ef) Tj ET Q q 0 0 0 rg BT 252.01 444.30 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 285.41 444.30 Td (improvements, ) Tj ET Q q 0 0 0 rg BT 347.83 444.30 Td (and ) Tj ET Q q 0 0 0 rg BT 366.24 444.30 Td (cost ) Tj ET Q q 0 0 0 rg BT 386.15 444.30 Td (savings. ) Tj ET Q q 0 0 0 rg BT 422.34 444.30 Td (T) Tj ET Q q 0 0 0 rg BT 427.34 444.30 Td (ypical ) Tj ET Q q 0 0 0 rg BT 453.75 444.30 Td (services ) Tj ET Q q 0 0 0 rg BT 490.15 444.30 Td (in ) Tj ET Q q 0 0 0 rg BT 500.56 444.30 Td (an ) Tj ET Q q 0 0 0 rg BT 513.97 444.30 Td (end-to-end ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 430.80 Td (engagement ) Tj ET Q q 0 0 0 rg BT 167.38 430.80 Td (include: ) Tj ET Q q 0 0 0 rg BT 206.25 430.80 Td (application ) Tj ET Q q 0 0 0 rg BT 257.12 430.80 Td (development, ) Tj ET Q q 0 0 0 rg BT 319.00 430.80 Td (integration ) Tj ET Q q 0 0 0 rg BT 368.87 430.80 Td (and ) Tj ET Q q 0 0 0 rg BT 391.73 430.80 Td (maintenance; ) Tj ET Q q 0 0 0 rg BT 453.61 430.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 504.98 430.80 Td (infrastructure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 417.30 Td (management; ) Tj ET Q q 0 0 0 rg BT 166.47 417.30 Td (and ) Tj ET Q q 0 0 0 rg BT 183.43 417.30 Td (business ) Tj ET Q q 0 0 0 rg BT 220.89 417.30 Td (process ) Tj ET Q q 0 0 0 rg BT 254.34 417.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 291.79 417.30 Td (such ) Tj ET Q q 0 0 0 rg BT 312.74 417.30 Td (as ) Tj ET Q q 0 0 0 rg BT 324.19 417.30 Td (collections ) Tj ET Q q 0 0 0 rg BT 368.15 417.30 Td (and ) Tj ET Q q 0 0 0 rg BT 385.10 417.30 Td (payroll ) Tj ET Q q 0 0 0 rg BT 413.56 417.30 Td (management. ) Tj ET Q q 0 0 0 rg BT 470.53 417.30 Td (Outsourcing ) Tj ET Q q 0 0 0 rg BT 520.99 417.30 Td (contracts ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 403.80 Td (are ) Tj ET Q q 0 0 0 rg BT 124.77 403.80 Td (long-term ) Tj ET Q q 0 0 0 rg BT 165.05 403.80 Td (in ) Tj ET Q q 0 0 0 rg BT 174.32 403.80 Td (nature, ) Tj ET Q q 0 0 0 rg BT 204.60 403.80 Td (with ) Tj ET Q q 0 0 0 rg BT 222.87 403.80 Td (a ) Tj ET Q q 0 0 0 rg BT 230.14 403.80 Td (typical ) Tj ET Q q 0 0 0 rg BT 257.92 403.80 Td (duration ) Tj ET Q q 0 0 0 rg BT 292.71 403.80 Td (of ) Tj ET Q q 0 0 0 rg BT 302.48 403.80 Td (five ) Tj ET Q q 0 0 0 rg BT 318.75 403.80 Td (to ) Tj ET Q q 0 0 0 rg BT 328.52 403.80 Td (ten ) Tj ET Q q 0 0 0 rg BT 343.29 403.80 Td (or ) Tj ET Q q 0 0 0 rg BT 353.56 403.80 Td (more ) Tj ET Q q 0 0 0 rg BT 376.33 403.80 Td (years, ) Tj ET Q q 0 0 0 rg BT 403.10 403.80 Td (allowing ) Tj ET Q q 0 0 0 rg BT 437.89 403.80 Td (our ) Tj ET Q q 0 0 0 rg BT 453.16 403.80 Td (clients ) Tj ET Q q 0 0 0 rg BT 480.93 403.80 Td (to ) Tj ET Q q 0 0 0 rg BT 490.71 403.80 Td (reinvest ) Tj ET Q q 0 0 0 rg BT 524.48 403.80 Td (savings, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.50 390.30 Td (further ) Tj ET Q q 0 0 0 rg BT 138.01 390.30 Td (driving ) Tj ET Q q 0 0 0 rg BT 167.02 390.30 Td (investments ) Tj ET Q q 0 0 0 rg BT 217.54 390.30 Td (in ) Tj ET Q q 0 0 0 rg BT 227.05 390.30 Td (their ) Tj ET Q q 0 0 0 rg BT 247.06 390.30 Td (digital ) Tj ET Q q 0 0 0 rg BT 273.07 390.30 Td (transformations.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 71.50 370.80 Td (Deep ) Tj ET Q q 0 0 0 rg BT 96.01 370.80 Td (industry ) Tj ET Q q 0 0 0 rg BT 134.01 370.80 Td (expertise) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 351.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 90.40 351.30 Td (has ) Tj ET Q q 0 0 0 rg BT 107.81 351.30 Td (long ) Tj ET Q q 0 0 0 rg BT 127.72 351.30 Td (standing ) Tj ET Q q 0 0 0 rg BT 164.65 351.30 Td (and ) Tj ET Q q 0 0 0 rg BT 182.56 351.30 Td (focused ) Tj ET Q q 0 0 0 rg BT 216.98 351.30 Td (practices ) Tj ET Q q 0 0 0 rg BT 255.89 351.30 Td (in ) Tj ET Q q 0 0 0 rg BT 265.80 351.30 Td (all ) Tj ET Q q 0 0 0 rg BT 277.70 351.30 Td (of ) Tj ET Q q 0 0 0 rg BT 288.10 351.30 Td (its ) Tj ET Q q 0 0 0 rg BT 300.00 351.30 Td (core ) Tj ET Q q 0 0 0 rg BT 320.41 351.30 Td (industries, ) Tj ET Q q 0 0 0 rg BT 364.33 351.30 Td (providing ) Tj ET Q q 0 0 0 rg BT 403.75 351.30 Td (clients ) Tj ET Q q 0 0 0 rg BT 432.16 351.30 Td (with ) Tj ET Q q 0 0 0 rg BT 451.06 351.30 Td (a ) Tj ET Q q 0 0 0 rg BT 458.96 351.30 Td (partner ) Tj ET Q q 0 0 0 rg BT 490.38 351.30 Td (that ) Tj ET Q q 0 0 0 rg BT 508.29 351.30 Td (is ) Tj ET Q q 0 0 0 rg BT 517.69 351.30 Td (not ) Tj ET Q q 0 0 0 rg BT 533.10 351.30 Td (only ) Tj ET Q q 0 0 0 rg BT 552.50 351.30 Td (an ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 337.80 Td (expert ) Tj ET Q q 0 0 0 rg BT 98.84 337.80 Td (in ) Tj ET Q q 0 0 0 rg BT 108.17 337.80 Td (IT) Tj ET Q q 0 0 0 rg BT 115.17 337.80 Td (, ) Tj ET Q q 0 0 0 rg BT 120.00 337.80 Td (but ) Tj ET Q q 0 0 0 rg BT 134.84 337.80 Td (expert ) Tj ET Q q 0 0 0 rg BT 162.18 337.80 Td (in ) Tj ET Q q 0 0 0 rg BT 171.51 337.80 Td (their ) Tj ET Q q 0 0 0 rg BT 191.35 337.80 Td (industries. ) Tj ET Q q 0 0 0 rg BT 234.54 337.80 Td (This ) Tj ET Q q 0 0 0 rg BT 253.87 337.80 Td (combination ) Tj ET Q q 0 0 0 rg BT 304.73 337.80 Td (of ) Tj ET Q q 0 0 0 rg BT 314.56 337.80 Td (business ) Tj ET Q q 0 0 0 rg BT 352.41 337.80 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 397.77 337.80 Td (and ) Tj ET Q q 0 0 0 rg BT 415.11 337.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 440.95 337.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 486.81 337.80 Td (expertise ) Tj ET Q q 0 0 0 rg BT 525.66 337.80 Td (allows ) Tj ET Q q 0 0 0 rg BT 552.99 337.80 Td (us ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 324.30 Td (to ) Tj ET Q q 0 0 0 rg BT 81.24 324.30 Td (help ) Tj ET Q q 0 0 0 rg BT 100.50 324.30 Td (our ) Tj ET Q q 0 0 0 rg BT 115.74 324.30 Td (clients ) Tj ET Q q 0 0 0 rg BT 143.49 324.30 Td (adapt ) Tj ET Q q 0 0 0 rg BT 168.25 324.30 Td (with ) Tj ET Q q 0 0 0 rg BT 186.49 324.30 Td (shifts ) Tj ET Q q 0 0 0 rg BT 209.74 324.30 Td (in ) Tj ET Q q 0 0 0 rg BT 218.98 324.30 Td (consumer ) Tj ET Q q 0 0 0 rg BT 260.73 324.30 Td (and ) Tj ET Q q 0 0 0 rg BT 277.99 324.30 Td (citizen ) Tj ET Q q 0 0 0 rg BT 305.73 324.30 Td (expectations ) Tj ET Q q 0 0 0 rg BT 358.51 324.30 Td (and ) Tj ET Q q 0 0 0 rg BT 375.76 324.30 Td (market ) Tj ET Q q 0 0 0 rg BT 405.50 324.30 Td (dynamics ) Tj ET Q q 0 0 0 rg BT 445.75 324.30 Td (and, ) Tj ET Q q 0 0 0 rg BT 465.51 324.30 Td (in ) Tj ET Q q 0 0 0 rg BT 474.75 324.30 Td (the ) Tj ET Q q 0 0 0 rg BT 489.50 324.30 Td (process, ) Tj ET Q q 0 0 0 rg BT 525.75 324.30 Td (allows ) Tj ET Q q 0 0 0 rg BT 553.00 324.30 Td (us ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 310.80 Td (to ) Tj ET Q q 0 0 0 rg BT 81.51 310.80 Td (evolve ) Tj ET Q q 0 0 0 rg BT 110.02 310.80 Td (the ) Tj ET Q q 0 0 0 rg BT 125.03 310.80 Td (services ) Tj ET Q q 0 0 0 rg BT 160.54 310.80 Td (and ) Tj ET Q q 0 0 0 rg BT 178.06 310.80 Td (solutions ) Tj ET Q q 0 0 0 rg BT 216.08 310.80 Td (we ) Tj ET Q q 0 0 0 rg BT 230.09 310.80 Td (deliver ) Tj ET Q q 0 0 0 rg BT 259.10 310.80 Td (within ) Tj ET Q q 0 0 0 rg BT 284.61 310.80 Td (those ) Tj ET Q q 0 0 0 rg BT 309.13 310.80 Td (industries.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 291.30 Td (Our ) Tj ET Q q 0 0 0 rg BT 88.20 291.30 Td (targeted ) Tj ET Q q 0 0 0 rg BT 122.92 291.30 Td (industries ) Tj ET Q q 0 0 0 rg BT 163.14 291.30 Td (include: ) Tj ET Q q 0 0 0 rg BT 195.86 291.30 Td (government, ) Tj ET Q q 0 0 0 rg BT 247.58 291.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 282.30 291.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 319.50 291.30 Td (health, ) Tj ET Q q 0 0 0 rg BT 348.22 291.30 Td (communication, ) Tj ET Q q 0 0 0 rg BT 412.95 291.30 Td (utilities, ) Tj ET Q q 0 0 0 rg BT 444.65 291.30 Td (oil ) Tj ET Q q 0 0 0 rg BT 455.36 291.30 Td (& ) Tj ET Q q 0 0 0 rg BT 463.06 291.30 Td (gas, ) Tj ET Q q 0 0 0 rg BT 481.76 291.30 Td (manufacturing, ) Tj ET Q q 0 0 0 rg BT 542.99 291.30 Td (retail ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 277.80 Td (& ) Tj ET Q q 0 0 0 rg BT 79.99 277.80 Td (consumer ) Tj ET Q q 0 0 0 rg BT 121.99 277.80 Td (services, ) Tj ET Q q 0 0 0 rg BT 159.99 277.80 Td (transportation ) Tj ET Q q 0 0 0 rg BT 217.51 277.80 Td (and ) Tj ET Q q 0 0 0 rg BT 235.01 277.80 Td (post ) Tj ET Q q 0 0 0 rg BT 254.51 277.80 Td (& ) Tj ET Q q 0 0 0 rg BT 263.00 277.80 Td (logistics. ) Tj ET Q q 0 0 0 rg BT 299.99 277.80 Td (While ) Tj ET Q q 0 0 0 rg BT 324.99 277.80 Td (these ) Tj ET Q q 0 0 0 rg BT 349.49 277.80 Td (represent ) Tj ET Q q 0 0 0 rg BT 390.00 277.80 Td (our ) Tj ET Q q 0 0 0 rg BT 405.49 277.80 Td (go-to-market ) Tj ET Q q 0 0 0 rg BT 458.99 277.80 Td (industry ) Tj ET Q q 0 0 0 rg BT 492.99 277.80 Td (targets, ) Tj ET Q q 0 0 0 rg BT 525.50 277.80 Td (we ) Tj ET Q q 0 0 0 rg BT 539.49 277.80 Td (group ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 264.30 Td (these ) Tj ET Q q 0 0 0 rg BT 96.11 264.30 Td (industries ) Tj ET Q q 0 0 0 rg BT 137.21 264.30 Td (into ) Tj ET Q q 0 0 0 rg BT 154.31 264.30 Td (the ) Tj ET Q q 0 0 0 rg BT 169.42 264.30 Td (following ) Tj ET Q q 0 0 0 rg BT 207.03 264.30 Td (for ) Tj ET Q q 0 0 0 rg BT 220.12 264.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 258.23 264.30 Td (purposes: ) Tj ET Q q 0 0 0 rg BT 300.34 264.30 Td (government; ) Tj ET Q q 0 0 0 rg BT 352.96 264.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 388.57 264.30 Td (services; ) Tj ET Q q 0 0 0 rg BT 426.67 264.30 Td (health; ) Tj ET Q q 0 0 0 rg BT 456.28 264.30 Td (communications ) Tj ET Q q 0 0 0 rg BT 523.90 264.30 Td (& ) Tj ET Q q 0 0 0 rg BT 532.49 264.30 Td (utilities; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 250.80 Td (and ) Tj ET Q q 0 0 0 rg BT 89.02 250.80 Td (manufacturing, ) Tj ET Q q 0 0 0 rg BT 151.05 250.80 Td (retail ) Tj ET Q q 0 0 0 rg BT 173.06 250.80 Td (& ) Tj ET Q q 0 0 0 rg BT 181.56 250.80 Td (distribution ) Tj ET Q q 0 0 0 rg BT 227.58 250.80 Td (\(MRD\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 231.30 Td (As ) Tj ET Q q 0 0 0 rg BT 85.55 231.30 Td (the ) Tj ET Q q 0 0 0 rg BT 101.60 231.30 Td (move ) Tj ET Q q 0 0 0 rg BT 127.16 231.30 Td (toward ) Tj ET Q q 0 0 0 rg BT 157.72 231.30 Td (digitalization ) Tj ET Q q 0 0 0 rg BT 210.79 231.30 Td (continues ) Tj ET Q q 0 0 0 rg BT 252.87 231.30 Td (across ) Tj ET Q q 0 0 0 rg BT 282.92 231.30 Td (industries, ) Tj ET Q q 0 0 0 rg BT 327.48 231.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 347.03 231.30 Td (partners ) Tj ET Q q 0 0 0 rg BT 383.59 231.30 Td (with ) Tj ET Q q 0 0 0 rg BT 403.14 231.30 Td (clients ) Tj ET Q q 0 0 0 rg BT 432.20 231.30 Td (to ) Tj ET Q q 0 0 0 rg BT 443.25 231.30 Td (help ) Tj ET Q q 0 0 0 rg BT 463.81 231.30 Td (guide ) Tj ET Q q 0 0 0 rg BT 489.37 231.30 Td (them ) Tj ET Q q 0 0 0 rg BT 512.93 231.30 Td (in ) Tj ET Q q 0 0 0 rg BT 523.48 231.30 Td (becoming ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 217.80 Td (customer-centric ) Tj ET Q q 0 0 0 rg BT 140.52 217.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 166.53 217.80 Td (organizations.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 198.30 Td (Digital ) Tj ET Q q 0 0 0 rg BT 102.00 198.30 Td (IP) Tj ET Q q 0 0 0 rg BT 110.34 198.30 Td ( ) Tj ET Q q 0 0 0 rg BT 112.84 198.30 Td (solutions ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 178.80 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.34 178.80 Td (s ) Tj ET Q q 0 0 0 rg BT 96.73 178.80 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 160.65 178.80 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 195.55 178.80 Td (of ) Tj ET Q q 0 0 0 rg BT 205.95 178.80 Td (IP) Tj ET Q q 0 0 0 rg BT 214.29 178.80 Td ( ) Tj ET Q q 0 0 0 rg BT 217.18 178.80 Td (solutions ) Tj ET Q q 0 0 0 rg BT 255.59 178.80 Td (supports ) Tj ET Q q 0 0 0 rg BT 292.99 178.80 Td (our ) Tj ET Q q 0 0 0 rg BT 308.89 178.80 Td (clients) Tj ET Q q 0 0 0 rg BT 336.07 178.80 Td ( ) Tj ET Q q 0 0 0 rg BT 338.96 178.80 Td (mission-critical ) Tj ET Q q 0 0 0 rg BT 400.85 178.80 Td (business ) Tj ET Q q 0 0 0 rg BT 439.26 178.80 Td (functions ) Tj ET Q q 0 0 0 rg BT 478.17 178.80 Td (and ) Tj ET Q q 0 0 0 rg BT 496.07 178.80 Td (accelerates ) Tj ET Q q 0 0 0 rg BT 544.99 178.80 Td (their ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 165.30 Td (digital ) Tj ET Q q 0 0 0 rg BT 96.44 165.30 Td (transformation. ) Tj ET Q q 0 0 0 rg BT 157.88 165.30 Td (W) Tj ET Q q 0 0 0 rg BT 166.22 165.30 Td (e ) Tj ET Q q 0 0 0 rg BT 172.64 165.30 Td (of) Tj ET Q q 0 0 0 rg BT 179.99 165.30 Td (fer ) Tj ET Q q 0 0 0 rg BT 191.91 165.30 Td (more ) Tj ET Q q 0 0 0 rg BT 213.84 165.30 Td (than ) Tj ET Q q 0 0 0 rg BT 232.78 165.30 Td (150 ) Tj ET Q q 0 0 0 rg BT 249.22 165.30 Td (IP-based ) Tj ET Q q 0 0 0 rg BT 286.66 165.30 Td (solutions ) Tj ET Q q 0 0 0 rg BT 323.61 165.30 Td (for ) Tj ET Q q 0 0 0 rg BT 335.53 165.30 Td (the ) Tj ET Q q 0 0 0 rg BT 349.46 165.30 Td (industries ) Tj ET Q q 0 0 0 rg BT 389.40 165.30 Td (we ) Tj ET Q q 0 0 0 rg BT 402.33 165.30 Td (serve, ) Tj ET Q q 0 0 0 rg BT 428.26 165.30 Td (as ) Tj ET Q q 0 0 0 rg BT 439.19 165.30 Td (well ) Tj ET Q q 0 0 0 rg BT 456.12 165.30 Td (as ) Tj ET Q q 0 0 0 rg BT 467.04 165.30 Td (cross-industry ) Tj ET Q q 0 0 0 rg BT 524.48 165.30 Td (solutions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 151.80 Td (These ) Tj ET Q q 0 0 0 rg BT 99.35 151.80 Td (solutions ) Tj ET Q q 0 0 0 rg BT 137.71 151.80 Td (include ) Tj ET Q q 0 0 0 rg BT 169.07 151.80 Td (digital-enabling ) Tj ET Q q 0 0 0 rg BT 232.46 151.80 Td (software ) Tj ET Q q 0 0 0 rg BT 269.31 151.80 Td (applications, ) Tj ET Q q 0 0 0 rg BT 322.18 151.80 Td (reusable ) Tj ET Q q 0 0 0 rg BT 359.55 151.80 Td (frameworks ) Tj ET Q q 0 0 0 rg BT 408.89 151.80 Td (and ) Tj ET Q q 0 0 0 rg BT 426.75 151.80 Td (innovative ) Tj ET Q q 0 0 0 rg BT 470.12 151.80 Td (delivery ) Tj ET Q q 0 0 0 rg BT 503.97 151.80 Td (methodologies ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 138.30 Td (such ) Tj ET Q q 0 0 0 rg BT 93.01 138.30 Td (as ) Tj ET Q q 0 0 0 rg BT 105.02 138.30 Td (Software ) Tj ET Q q 0 0 0 rg BT 143.03 138.30 Td (as ) Tj ET Q q 0 0 0 rg BT 155.04 138.30 Td (a ) Tj ET Q q 0 0 0 rg BT 162.55 138.30 Td (Service.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 71.50 118.80 Td (Applied ) Tj ET Q q 0 0 0 rg BT 107.00 118.80 Td (innovation) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 99.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 89.85 99.30 Td (is ) Tj ET Q q 0 0 0 rg BT 98.70 99.30 Td (a ) Tj ET Q q 0 0 0 rg BT 106.05 99.30 Td (trusted ) Tj ET Q q 0 0 0 rg BT 135.91 99.30 Td (partner ) Tj ET Q q 0 0 0 rg BT 166.77 99.30 Td (with ) Tj ET Q q 0 0 0 rg BT 185.13 99.30 Td (more ) Tj ET Q q 0 0 0 rg BT 207.98 99.30 Td (than ) Tj ET Q q 0 0 0 rg BT 227.84 99.30 Td (40 ) Tj ET Q q 0 0 0 rg BT 240.20 99.30 Td (years ) Tj ET Q q 0 0 0 rg BT 264.56 99.30 Td (of ) Tj ET Q q 0 0 0 rg BT 274.41 99.30 Td (experience ) Tj ET Q q 0 0 0 rg BT 320.79 99.30 Td (in ) Tj ET Q q 0 0 0 rg BT 330.14 99.30 Td (delivering ) Tj ET Q q 0 0 0 rg BT 371.01 99.30 Td (innovative, ) Tj ET Q q 0 0 0 rg BT 416.38 99.30 Td (client-inspired ) Tj ET Q q 0 0 0 rg BT 474.26 99.30 Td (business ) Tj ET Q q 0 0 0 rg BT 512.13 99.30 Td (services ) Tj ET Q q 0 0 0 rg BT 547.48 99.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 85.80 Td (solutions. ) Tj ET Q q 0 0 0 rg BT 111.27 85.80 Td (Through ) Tj ET Q q 0 0 0 rg BT 146.66 85.80 Td (our ) Tj ET Q q 0 0 0 rg BT 161.53 85.80 Td (day-to-day ) Tj ET Q q 0 0 0 rg BT 205.92 85.80 Td (project ) Tj ET Q q 0 0 0 rg BT 234.80 85.80 Td (engagements ) Tj ET Q q 0 0 0 rg BT 291.21 85.80 Td (as ) Tj ET Q q 0 0 0 rg BT 302.59 85.80 Td (well ) Tj ET Q q 0 0 0 rg BT 319.96 85.80 Td (as ) Tj ET Q q 0 0 0 rg BT 331.33 85.80 Td (global ) Tj ET Q q 0 0 0 rg BT 357.22 85.80 Td (programs ) Tj ET Q q 0 0 0 rg BT 397.10 85.80 Td (and ) Tj ET Q q 0 0 0 rg BT 413.99 85.80 Td (investments, ) Tj ET Q q 0 0 0 rg BT 466.37 85.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 484.24 85.80 Td (partners ) Tj ET Q q 0 0 0 rg BT 519.13 85.80 Td (with ) Tj ET Q q 0 0 0 rg BT 537.00 85.80 Td (clients ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 72.30 Td (to ) Tj ET Q q 0 0 0 rg BT 81.66 72.30 Td (deliver ) Tj ET Q q 0 0 0 rg BT 110.82 72.30 Td (practical ) Tj ET Q q 0 0 0 rg BT 146.98 72.30 Td (innovations ) Tj ET Q q 0 0 0 rg BT 195.16 72.30 Td (that ) Tj ET Q q 0 0 0 rg BT 212.82 72.30 Td (are ) Tj ET Q q 0 0 0 rg BT 228.48 72.30 Td (replicable, ) Tj ET Q q 0 0 0 rg BT 272.15 72.30 Td (scalable, ) Tj ET Q q 0 0 0 rg BT 310.32 72.30 Td (and ) Tj ET Q q 0 0 0 rg BT 327.99 72.30 Td (deliver ) Tj ET Q q 0 0 0 rg BT 357.15 72.30 Td (measurable ) Tj ET Q q 0 0 0 rg BT 406.82 72.30 Td (results. ) Tj ET Q q 0 0 0 rg BT 438.48 72.30 Td (W) Tj ET Q q 0 0 0 rg BT 446.81 72.30 Td (e ) Tj ET Q q 0 0 0 rg BT 454.47 72.30 Td (help ) Tj ET Q q 0 0 0 rg BT 474.13 72.30 Td (develop, ) Tj ET Q q 0 0 0 rg BT 510.81 72.30 Td (innovate ) Tj ET Q q 0 0 0 rg BT 547.49 72.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 58.80 Td (protect ) Tj ET Q q 0 0 0 rg BT 101.47 58.80 Td (the ) Tj ET Q q 0 0 0 rg BT 116.44 58.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 162.42 58.80 Td (that ) Tj ET Q q 0 0 0 rg BT 179.89 58.80 Td (enables ) Tj ET Q q 0 0 0 rg BT 213.87 58.80 Td (clients ) Tj ET Q q 0 0 0 rg BT 241.84 58.80 Td (to ) Tj ET Q q 0 0 0 rg BT 251.80 58.80 Td (achieve ) Tj ET Q q 0 0 0 rg BT 285.27 58.80 Td (their ) Tj ET Q q 0 0 0 rg BT 305.24 58.80 Td (digital ) Tj ET Q q 0 0 0 rg BT 331.21 58.80 Td (transformation ) Tj ET Q q 0 0 0 rg BT 391.19 58.80 Td (goals ) Tj ET Q q 0 0 0 rg BT 415.16 58.80 Td (faster ) Tj ET Q q 0 0 0 rg BT 440.12 58.80 Td (with ) Tj ET Q q 0 0 0 rg BT 458.58 58.80 Td (reduced ) Tj ET Q q 0 0 0 rg BT 493.56 58.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 510.01 58.80 Td (and ) Tj ET Q q 0 0 0 rg BT 527.48 58.80 Td (enduring ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 554.85 22.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 708.95 Td (results. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 71.50 689.45 Td (Quality ) Tj ET Q q 0 0 0 rg BT 104.51 689.45 Td (processes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 669.95 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 96.03 669.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 123.86 669.95 Td (expect ) Tj ET Q q 0 0 0 rg BT 152.69 669.95 Td (consistency ) Tj ET Q q 0 0 0 rg BT 202.03 669.95 Td (of ) Tj ET Q q 0 0 0 rg BT 211.85 669.95 Td (service ) Tj ET Q q 0 0 0 rg BT 242.68 669.95 Td (wherever ) Tj ET Q q 0 0 0 rg BT 282.01 669.95 Td (and ) Tj ET Q q 0 0 0 rg BT 299.34 669.95 Td (whenever ) Tj ET Q q 0 0 0 rg BT 340.68 669.95 Td (they ) Tj ET Q q 0 0 0 rg BT 360.01 669.95 Td (engage ) Tj ET Q q 0 0 0 rg BT 392.35 669.95 Td (us. ) Tj ET Q q 0 0 0 rg BT 406.68 669.95 Td (W) Tj ET Q q 0 0 0 rg BT 415.01 669.95 Td (e ) Tj ET Q q 0 0 0 rg BT 422.33 669.95 Td (have ) Tj ET Q q 0 0 0 rg BT 444.16 669.95 Td (an ) Tj ET Q q 0 0 0 rg BT 456.49 669.95 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 505.34 669.95 Td (track ) Tj ET Q q 0 0 0 rg BT 527.16 669.95 Td (record ) Tj ET Q q 0 0 0 rg BT 554.99 669.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 656.45 Td (on-time, ) Tj ET Q q 0 0 0 rg BT 107.44 656.45 Td (within-budget ) Tj ET Q q 0 0 0 rg BT 164.41 656.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 198.85 656.45 Td (as ) Tj ET Q q 0 0 0 rg BT 211.79 656.45 Td (a ) Tj ET Q q 0 0 0 rg BT 220.23 656.45 Td (result ) Tj ET Q q 0 0 0 rg BT 245.67 656.45 Td (of ) Tj ET Q q 0 0 0 rg BT 256.61 656.45 Td (our ) Tj ET Q q 0 0 0 rg BT 273.05 656.45 Td (commitment ) Tj ET Q q 0 0 0 rg BT 325.49 656.45 Td (to ) Tj ET Q q 0 0 0 rg BT 336.42 656.45 Td (excellence ) Tj ET Q q 0 0 0 rg BT 382.38 656.45 Td (and ) Tj ET Q q 0 0 0 rg BT 400.83 656.45 Td (our ) Tj ET Q q 0 0 0 rg BT 417.27 656.45 Td (robust ) Tj ET Q q 0 0 0 rg BT 445.72 656.45 Td (governance ) Tj ET Q q 0 0 0 rg BT 496.18 656.45 Td (model ) Tj ET Q q 0 0 0 rg BT 524.13 656.45 Td (- ) Tj ET Q q 0 0 0 rg BT 530.56 656.45 Td (the ) Tj ET Q q 0 0 0 rg BT 546.50 656.45 Td (CGI ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 642.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 128.37 642.95 Td (Foundation. ) Tj ET Q q 0 0 0 rg BT 179.96 642.95 Td (The ) Tj ET Q q 0 0 0 rg BT 199.80 642.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 220.13 642.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 277.00 642.95 Td (Foundation ) Tj ET Q q 0 0 0 rg BT 326.37 642.95 Td (provides ) Tj ET Q q 0 0 0 rg BT 364.73 642.95 Td (a ) Tj ET Q q 0 0 0 rg BT 374.07 642.95 Td (common ) Tj ET Q q 0 0 0 rg BT 412.91 642.95 Td (business ) Tj ET Q q 0 0 0 rg BT 452.77 642.95 Td (language, ) Tj ET Q q 0 0 0 rg BT 496.64 642.95 Td (frameworks ) Tj ET Q q 0 0 0 rg BT 547.48 642.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 629.45 Td (practices ) Tj ET Q q 0 0 0 rg BT 110.79 629.45 Td (for ) Tj ET Q q 0 0 0 rg BT 124.57 629.45 Td (managing ) Tj ET Q q 0 0 0 rg BT 167.38 629.45 Td (all ) Tj ET Q q 0 0 0 rg BT 179.66 629.45 Td (operations ) Tj ET Q q 0 0 0 rg BT 224.96 629.45 Td (consistently ) Tj ET Q q 0 0 0 rg BT 275.26 629.45 Td (across ) Tj ET Q q 0 0 0 rg BT 305.05 629.45 Td (the ) Tj ET Q q 0 0 0 rg BT 320.83 629.45 Td (globe, ) Tj ET Q q 0 0 0 rg BT 348.63 629.45 Td (driving ) Tj ET Q q 0 0 0 rg BT 378.42 629.45 Td (a ) Tj ET Q q 0 0 0 rg BT 386.70 629.45 Td (focus ) Tj ET Q q 0 0 0 rg BT 411.49 629.45 Td (on ) Tj ET Q q 0 0 0 rg BT 424.78 629.45 Td (continuous ) Tj ET Q q 0 0 0 rg BT 471.59 629.45 Td (improvement. ) Tj ET Q q 0 0 0 rg BT 529.38 629.45 Td (W) Tj ET Q q 0 0 0 rg BT 537.72 629.45 Td (e ) Tj ET Q q 0 0 0 rg BT 546.00 629.45 Td (also ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 615.95 Td (invest ) Tj ET Q q 0 0 0 rg BT 98.36 615.95 Td (in ) Tj ET Q q 0 0 0 rg BT 108.72 615.95 Td (rigorous ) Tj ET Q q 0 0 0 rg BT 144.59 615.95 Td (quality ) Tj ET Q q 0 0 0 rg BT 173.96 615.95 Td (and ) Tj ET Q q 0 0 0 rg BT 192.33 615.95 Td (service ) Tj ET Q q 0 0 0 rg BT 224.19 615.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 258.55 615.95 Td (standards ) Tj ET Q q 0 0 0 rg BT 301.43 615.95 Td (\(including ) Tj ET Q q 0 0 0 rg BT 343.30 615.95 Td (ISO ) Tj ET Q q 0 0 0 rg BT 362.16 615.95 Td (and ) Tj ET Q q 0 0 0 rg BT 380.53 615.95 Td (Capability ) Tj ET Q q 0 0 0 rg BT 423.40 615.95 Td (Maturity ) Tj ET Q q 0 0 0 rg BT 458.76 615.95 Td (Model ) Tj ET Q q 0 0 0 rg BT 486.62 615.95 Td (Integration ) Tj ET Q q 0 0 0 rg BT 532.51 615.95 Td (\(CMMI\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 602.45 Td (certification ) Tj ET Q q 0 0 0 rg BT 119.00 602.45 Td (programs\), ) Tj ET Q q 0 0 0 rg BT 164.49 602.45 Td (as ) Tj ET Q q 0 0 0 rg BT 175.97 602.45 Td (well ) Tj ET Q q 0 0 0 rg BT 193.45 602.45 Td (as ) Tj ET Q q 0 0 0 rg BT 204.94 602.45 Td (a ) Tj ET Q q 0 0 0 rg BT 211.92 602.45 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 274.93 602.45 Td (Client ) Tj ET Q q 0 0 0 rg BT 299.92 602.45 Td (Satisfaction ) Tj ET Q q 0 0 0 rg BT 348.03 602.45 Td (Assessment ) Tj ET Q q 0 0 0 rg BT 399.03 602.45 Td (Program, ) Tj ET Q q 0 0 0 rg BT 438.02 602.45 Td (with ) Tj ET Q q 0 0 0 rg BT 456.00 602.45 Td (signed ) Tj ET Q q 0 0 0 rg BT 484.50 602.45 Td (client ) Tj ET Q q 0 0 0 rg BT 507.49 602.45 Td (assessments, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 588.95 Td (to ) Tj ET Q q 0 0 0 rg BT 81.51 588.95 Td (ensure ) Tj ET Q q 0 0 0 rg BT 111.53 588.95 Td (high ) Tj ET Q q 0 0 0 rg BT 131.04 588.95 Td (satisfaction ) Tj ET Q q 0 0 0 rg BT 178.56 588.95 Td (on ) Tj ET Q q 0 0 0 rg BT 191.08 588.95 Td (an ) Tj ET Q q 0 0 0 rg BT 203.59 588.95 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 238.12 588.95 Td (basis.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 563.45 Td (1.2. ) Tj ET Q q 0 0 0 rg BT 91.01 563.45 Td (VISION ) Tj ET Q q 0 0 0 rg BT 123.69 563.45 Td (AND ) Tj ET Q q 0 0 0 rg BT 145.68 563.45 Td (STRA) Tj ET Q q 0 0 0 rg BT 169.52 563.45 Td (TEGY) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 543.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 88.87 543.95 Td (strategy ) Tj ET Q q 0 0 0 rg BT 122.76 543.95 Td (has ) Tj ET Q q 0 0 0 rg BT 139.14 543.95 Td (always ) Tj ET Q q 0 0 0 rg BT 168.52 543.95 Td (been ) Tj ET Q q 0 0 0 rg BT 190.42 543.95 Td (based ) Tj ET Q q 0 0 0 rg BT 216.81 543.95 Td (on ) Tj ET Q q 0 0 0 rg BT 228.69 543.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 268.58 543.95 Td (fundamentals. ) Tj ET Q q 0 0 0 rg BT 326.98 543.95 Td (For ) Tj ET Q q 0 0 0 rg BT 342.36 543.95 Td (further ) Tj ET Q q 0 0 0 rg BT 370.24 543.95 Td (details, ) Tj ET Q q 0 0 0 rg BT 400.63 543.95 Td (please ) Tj ET Q q 0 0 0 rg BT 429.02 543.95 Td (refer ) Tj ET Q q 0 0 0 rg BT 449.40 543.95 Td (to ) Tj ET Q q 0 0 0 rg BT 458.77 543.95 Td (section ) Tj ET Q q 0 0 0 rg BT 489.16 543.95 Td (1.2 ) Tj ET Q q 0 0 0 rg BT 503.54 543.95 Td (of ) Tj ET Q q 0 0 0 rg BT 512.92 543.95 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 537.01 543.95 Td (MD&A) Tj ET Q q 0 0 0 rg BT 562.52 543.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 530.45 Td (for ) Tj ET Q q 0 0 0 rg BT 85.46 530.45 Td (the ) Tj ET Q q 0 0 0 rg BT 100.92 530.45 Td (year ) Tj ET Q q 0 0 0 rg BT 121.38 530.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 149.36 530.45 Td (September ) Tj ET Q q 0 0 0 rg BT 196.33 530.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 211.80 530.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 237.27 530.45 Td (which ) Tj ET Q q 0 0 0 rg BT 263.23 530.45 Td (is ) Tj ET Q q 0 0 0 rg BT 272.69 530.45 Td (available ) Tj ET Q q 0 0 0 rg BT 311.16 530.45 Td (on ) Tj ET Q q 0 0 0 rg BT 324.13 530.45 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 349.30 530.45 Td (website ) Tj ET Q q 0 0 0 rg BT 382.76 530.45 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 393.22216796875 529.166796875 m 445.732421875 529.166796875 l s q 0 0.2 1 rg BT 393.22 530.45 Td (www) Tj ET Q q 0 0.2 1 rg BT 412.22 530.45 Td (.cgi.com) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 445.73 530.45 Td ( ) Tj ET Q q 0 0 0 rg BT 448.68 530.45 Td (and ) Tj ET Q q 0 0 0 rg BT 466.65 530.45 Td (which ) Tj ET Q q 0 0 0 rg BT 492.61 530.45 Td (was ) Tj ET Q q 0 0 0 rg BT 511.57 530.45 Td (filed ) Tj ET Q q 0 0 0 rg BT 531.03 530.45 Td (with ) Tj ET Q q 0 0 0 rg BT 549.99 530.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 516.95 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 113.74 516.95 Td (Securities ) Tj ET Q q 0 0 0 rg BT 155.83 516.95 Td (Administrators ) Tj ET Q q 0 0 0 rg BT 216.55 516.95 Td (on ) Tj ET Q q 0 0 0 rg BT 229.77 516.95 Td (SEDAR ) Tj ET Q q 0 0 0 rg BT 263.99 516.95 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 274.70068359375 515.666796875 m 337.72265625 515.666796875 l s q 0 0.2 1 rg BT 274.70 516.95 Td (www) Tj ET Q q 0 0.2 1 rg BT 293.70 516.95 Td (.sedar) Tj ET Q q 0 0.2 1 rg BT 318.22 516.95 Td (.com) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 337.72 516.95 Td ( ) Tj ET Q q 0 0 0 rg BT 340.93 516.95 Td (and ) Tj ET Q q 0 0 0 rg BT 359.16 516.95 Td (the ) Tj ET Q q 0 0 0 rg BT 374.88 516.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 395.59 516.95 Td (Securities ) Tj ET Q q 0 0 0 rg BT 438.31 516.95 Td (and ) Tj ET Q q 0 0 0 rg BT 456.54 516.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 499.77 516.95 Td (Commission ) Tj ET Q q 0 0 0 rg BT 552.49 516.95 Td (on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 503.45 Td (EDGAR ) Tj ET Q q 0 0 0 rg BT 106.51 503.45 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 116.51220703125 502.166796875 m 168.697265625 502.166796875 l s q 0 0.2 1 rg BT 116.51 503.45 Td (www) Tj ET Q q 0 0.2 1 rg BT 135.51 503.45 Td (.sec.gov) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 168.36 503.45 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 474.95 Td (1.3. COMPETITIVE ENVIRONMENT) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 455.45 Td (There ) Tj ET Q q 0 0 0 rg BT 98.72 455.45 Td (have ) Tj ET Q q 0 0 0 rg BT 121.44 455.45 Td (been ) Tj ET Q q 0 0 0 rg BT 144.67 455.45 Td (no ) Tj ET Q q 0 0 0 rg BT 157.89 455.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 201.12 455.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 238.35 455.45 Td (to ) Tj ET Q q 0 0 0 rg BT 249.07 455.45 Td (our ) Tj ET Q q 0 0 0 rg BT 265.28 455.45 Td (competitive ) Tj ET Q q 0 0 0 rg BT 314.01 455.45 Td (environment ) Tj ET Q q 0 0 0 rg BT 366.74 455.45 Td (since ) Tj ET Q q 0 0 0 rg BT 390.96 455.45 Td (the ) Tj ET Q q 0 0 0 rg BT 406.68 455.45 Td (end ) Tj ET Q q 0 0 0 rg BT 424.90 455.45 Td (of ) Tj ET Q q 0 0 0 rg BT 435.61 455.45 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 462.32 455.45 Td (2017. ) Tj ET Q q 0 0 0 rg BT 488.05 455.45 Td (For ) Tj ET Q q 0 0 0 rg BT 504.76 455.45 Td (further ) Tj ET Q q 0 0 0 rg BT 533.98 455.45 Td (details, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 441.95 Td (please ) Tj ET Q q 0 0 0 rg BT 101.58 441.95 Td (refer ) Tj ET Q q 0 0 0 rg BT 123.15 441.95 Td (to ) Tj ET Q q 0 0 0 rg BT 133.72 441.95 Td (section ) Tj ET Q q 0 0 0 rg BT 165.30 441.95 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 180.88 441.95 Td (of ) Tj ET Q q 0 0 0 rg BT 191.45 441.95 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 216.73 441.95 Td (MD&A) Tj ET Q q 0 0 0 rg BT 242.23 441.95 Td ( ) Tj ET Q q 0 0 0 rg BT 245.30 441.95 Td (for ) Tj ET Q q 0 0 0 rg BT 258.86 441.95 Td (the ) Tj ET Q q 0 0 0 rg BT 274.44 441.95 Td (year ) Tj ET Q q 0 0 0 rg BT 295.01 441.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 323.10 441.95 Td (September ) Tj ET Q q 0 0 0 rg BT 370.19 441.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 385.76 441.95 Td (2017 ) Tj ET Q q 0 0 0 rg BT 408.85 441.95 Td (which ) Tj ET Q q 0 0 0 rg BT 434.92 441.95 Td (is ) Tj ET Q q 0 0 0 rg BT 444.48 441.95 Td (available ) Tj ET Q q 0 0 0 rg BT 483.07 441.95 Td (on ) Tj ET Q q 0 0 0 rg BT 496.15 441.95 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 521.43 441.95 Td (website ) Tj ET Q q 0 0 0 rg BT 555.01 441.95 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 427.166796875 m 124.51025390625 427.166796875 l s q 0 0.2 1 rg BT 72.00 428.45 Td (www) Tj ET Q q 0 0.2 1 rg BT 91.00 428.45 Td (.cgi.com) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 124.51 428.45 Td ( ) Tj ET Q q 0 0 0 rg BT 127.47 428.45 Td (and ) Tj ET Q q 0 0 0 rg BT 145.45 428.45 Td (which ) Tj ET Q q 0 0 0 rg BT 171.42 428.45 Td (was ) Tj ET Q q 0 0 0 rg BT 190.39 428.45 Td (filed ) Tj ET Q q 0 0 0 rg BT 209.86 428.45 Td (with ) Tj ET Q q 0 0 0 rg BT 228.83 428.45 Td (the ) Tj ET Q q 0 0 0 rg BT 244.30 428.45 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 285.79 428.45 Td (Securities ) Tj ET Q q 0 0 0 rg BT 327.68 428.45 Td (Administrators ) Tj ET Q q 0 0 0 rg BT 388.16 428.45 Td (on ) Tj ET Q q 0 0 0 rg BT 401.13 428.45 Td (SEDAR ) Tj ET Q q 0 0 0 rg BT 435.10 428.45 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 445.57080078125 427.166796875 m 508.5927734375 427.166796875 l s q 0 0.2 1 rg BT 445.57 428.45 Td (www) Tj ET Q q 0 0.2 1 rg BT 464.57 428.45 Td (.sedar) Tj ET Q q 0 0.2 1 rg BT 489.09 428.45 Td (.com) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 508.59 428.45 Td ( ) Tj ET Q q 0 0 0 rg BT 511.55 428.45 Td (and ) Tj ET Q q 0 0 0 rg BT 529.53 428.45 Td (the ) Tj ET Q q 0 0 0 rg BT 545.01 428.45 Td (U.S. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 414.95 Td (Securities ) Tj ET Q q 0 0 0 rg BT 114.02 414.95 Td (and ) Tj ET Q q 0 0 0 rg BT 131.53 414.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 174.06 414.95 Td (Commission ) Tj ET Q q 0 0 0 rg BT 226.07 414.95 Td (on ) Tj ET Q q 0 0 0 rg BT 238.58 414.95 Td (EDGAR ) Tj ET Q q 0 0 0 rg BT 273.09 414.95 Td (at ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0.2 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 283.095703125 413.666796875 m 335.28076171875 413.666796875 l s q 0 0.2 1 rg BT 283.10 414.95 Td (www) Tj ET Q q 0 0.2 1 rg BT 302.10 414.95 Td (.sec.gov) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 334.95 414.95 Td (.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F3 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td () Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 52.83 706.80 Td (2. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Highlights and Key Performance Measures) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 696.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 692.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 142.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 692.3 m 228.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 692.3 m 337.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 692.3 m 475.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 692.3 m 561.5 692.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 57.5 688.3 l s BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 672.00 Td (2.1. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 91.01 672.00 Td (Q3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 103.02 672.00 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 105.52 672.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 125.54 672.00 Td ( HIGHLIGHTS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 652.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 652.50 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 142.03 652.50 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 152.03 652.50 Td ($2.9 ) Tj ET Q q 0 0 0 rg BT 172.05 652.50 Td (billion) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 195.06 652.50 Td (, ) Tj ET Q q 0 0 0 rg BT 200.07 652.50 Td (up ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 212.58 652.50 Td (3.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.09 652.50 Td ( ) Tj ET Q q 0 0 0 rg BT 235.59 652.50 Td (in ) Tj ET Q q 0 0 0 rg BT 245.10 652.50 Td (constant ) Tj ET Q q 0 0 0 rg BT 281.62 652.50 Td (currency; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 633.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 633.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 141.02 633.00 Td (EBIT) Tj ET Q q 0 0 0 rg BT 160.87 633.00 Td ( ) Tj ET Q q 0 0 0 rg BT 163.37 633.00 Td (of ) Tj ET Q q 0 0 0 rg BT 173.37 633.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.38 633.00 Td (435.3 ) Tj ET Q q 0 0 0 rg BT 203.40 633.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 228.91 633.00 Td (, ) Tj ET Q q 0 0 0 rg BT 233.91 633.00 Td (up ) Tj ET Q q 0 0 0 rg BT 246.42 633.00 Td (9.1%; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 613.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 613.50 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 141.02 613.50 Td (EBIT) Tj ET Q q 0 0 0 rg BT 160.87 613.50 Td ( ) Tj ET Q q 0 0 0 rg BT 163.37 613.50 Td (margin ) Tj ET Q q 0 0 0 rg BT 193.38 613.50 Td (of ) Tj ET Q q 0 0 0 rg BT 203.38 613.50 Td (14.8%, ) Tj ET Q q 0 0 0 rg BT 233.90 613.50 Td (up ) Tj ET Q q 0 0 0 rg BT 246.41 613.50 Td (70 ) Tj ET Q q 0 0 0 rg BT 258.93 613.50 Td (bps; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 594.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 594.00 Td (Net ) Tj ET Q q 0 0 0 rg BT 120.01 594.00 Td (earnings ) Tj ET Q q 0 0 0 rg BT 157.03 594.00 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 167.04 594.00 Td ($288.3 ) Tj ET Q q 0 0 0 rg BT 197.06 594.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.57 594.00 Td (, ) Tj ET Q q 0 0 0 rg BT 227.57 594.00 Td (up ) Tj ET Q q 0 0 0 rg BT 240.08 594.00 Td (4.2%;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 574.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 574.50 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 134.02 574.50 Td (EPS ) Tj ET Q q 0 0 0 rg BT 154.52 574.50 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.53 574.50 Td ($1.00) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 187.05 574.50 Td (, ) Tj ET Q q 0 0 0 rg BT 192.05 574.50 Td (up ) Tj ET Q q 0 0 0 rg BT 204.57 574.50 Td (8.7%;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 555.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 555.00 Td (Net ) Tj ET Q q 0 0 0 rg BT 120.01 555.00 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 159.53 555.00 Td (excluding ) Tj ET Q q 0 0 0 rg BT 200.06 555.00 Td (specific ) Tj ET Q q 0 0 0 rg BT 232.57 555.00 Td (items) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 254.07 559.29 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.32 555.00 Td (, ) Tj ET Q q 0 0 0 rg BT 262.32 555.00 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 272.33 555.00 Td ($309.7 ) Tj ET Q q 0 0 0 rg BT 302.36 555.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.86 555.00 Td (, ) Tj ET Q q 0 0 0 rg BT 332.86 555.00 Td (up ) Tj ET Q q 0 0 0 rg BT 345.38 555.00 Td (1) Tj ET Q q 0 0 0 rg BT 349.71 555.00 Td (1.2%;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 535.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 535.50 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 134.02 535.50 Td (EPS, ) Tj ET Q q 0 0 0 rg BT 157.03 535.50 Td (excluding ) Tj ET Q q 0 0 0 rg BT 197.55 535.50 Td (specific ) Tj ET Q q 0 0 0 rg BT 230.06 535.50 Td (items) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 251.56 539.79 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 254.82 535.50 Td (, ) Tj ET Q q 0 0 0 rg BT 259.82 535.50 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 269.83 535.50 Td ($1.08) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.35 535.50 Td (, ) Tj ET Q q 0 0 0 rg BT 297.35 535.50 Td (up ) Tj ET Q q 0 0 0 rg BT 309.86 535.50 Td (16.1%;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 516.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 516.00 Td (Cash ) Tj ET Q q 0 0 0 rg BT 127.01 516.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 164.03 516.00 Td (by ) Tj ET Q q 0 0 0 rg BT 176.04 516.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 216.07 516.00 Td (activities ) Tj ET Q q 0 0 0 rg BT 253.08 516.00 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 263.09 516.00 Td ($317.3 ) Tj ET Q q 0 0 0 rg BT 293.12 516.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 318.62 516.00 Td (, ) Tj ET Q q 0 0 0 rg BT 323.62 516.00 Td (up ) Tj ET Q q 0 0 0 rg BT 336.13 516.00 Td (9.2%; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 496.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 496.50 Td (Bookings ) Tj ET Q q 0 0 0 rg BT 143.02 496.50 Td (of ) Tj ET Q q 0 0 0 rg BT 153.03 496.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 158.04 496.50 Td (3.5 ) Tj ET Q q 0 0 0 rg BT 173.05 496.50 Td (billion) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 196.06 496.50 Td (, ) Tj ET Q q 0 0 0 rg BT 201.06 496.50 Td (or ) Tj ET Q q 0 0 0 rg BT 211.57 496.50 Td (1) Tj ET Q q 0 0 0 rg BT 215.90 496.50 Td (18.0% ) Tj ET Q q 0 0 0 rg BT 243.92 496.50 Td (of ) Tj ET Q q 0 0 0 rg BT 253.93 496.50 Td (revenue; ) Tj ET Q q 0 0 0 rg BT 291.45 496.50 Td (and,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 477.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.50 477.00 Td (Backlog ) Tj ET Q q 0 0 0 rg BT 138.02 477.00 Td (of ) Tj ET Q q 0 0 0 rg BT 148.03 477.00 Td ($22.4 ) Tj ET Q q 0 0 0 rg BT 173.05 477.00 Td (billion, ) Tj ET Q q 0 0 0 rg BT 201.06 477.00 Td (up ) Tj ET Q q 0 0 0 rg BT 213.57 477.00 Td ($1.6 ) Tj ET Q q 0 0 0 rg BT 233.59 477.00 Td (billion.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 460.50 Td ( ) Tj ET Q BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 87.44 463.84 Td (1 ) Tj ET Q BT /F3 4.55 Tf ET q 0 0 0 rg BT 91.24 463.84 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 103.50 460.50 Td (Specific ) Tj ET Q q 0 0 0 rg BT 129.67 460.50 Td (items ) Tj ET Q q 0 0 0 rg BT 148.06 460.50 Td (are ) Tj ET Q q 0 0 0 rg BT 159.83 460.50 Td (comprised ) Tj ET Q q 0 0 0 rg BT 193.78 460.50 Td (of ) Tj ET Q q 0 0 0 rg BT 201.28 460.50 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 259.75 460.50 Td (and ) Tj ET Q q 0 0 0 rg BT 273.09 460.50 Td (integration ) Tj ET Q q 0 0 0 rg BT 307.44 460.50 Td (costs ) Tj ET Q q 0 0 0 rg BT 325.44 460.50 Td (and ) Tj ET Q q 0 0 0 rg BT 338.78 460.50 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 379.35 460.50 Td (costs, ) Tj ET Q q 0 0 0 rg BT 399.29 460.50 Td (both ) Tj ET Q q 0 0 0 rg BT 414.57 460.50 Td (net ) Tj ET Q q 0 0 0 rg BT 425.96 460.50 Td (of ) Tj ET Q q 0 0 0 rg BT 433.46 460.50 Td (tax, ) Tj ET Q q 0 0 0 rg BT 446.41 460.50 Td (which ) Tj ET Q q 0 0 0 rg BT 465.96 460.50 Td (are ) Tj ET Q q 0 0 0 rg BT 477.74 460.50 Td (discussed ) Tj ET Q q 0 0 0 rg BT 510.53 460.50 Td (in ) Tj ET Q q 0 0 0 rg BT 517.64 460.50 Td (sections ) Tj ET Q q 0 0 0 rg BT 544.98 460.50 Td (3.7.1. ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 103.50 450.00 Td (and ) Tj ET Q q 0 0 0 rg BT 117.12 450.00 Td (3.7.2. ) Tj ET Q q 0 0 0 rg BT 136.58 450.00 Td (of ) Tj ET Q q 0 0 0 rg BT 144.37 450.00 Td (the ) Tj ET Q q 0 0 0 rg BT 156.04 450.00 Td (present ) Tj ET Q q 0 0 0 rg BT 181.33 450.00 Td (document.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 551.45 22.10 Td (1) Tj ET Q q 0 0 0 rg BT 554.82 22.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (2.2. SELECTED QUARTERL) Tj ET Q q 0 0 0 rg BT 190.69 708.95 Td (Y) Tj ET Q q 0 0 0 rg BT 196.53 708.95 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 240.36 708.95 Td (TION& KEY) Tj ET Q q 0 0 0 rg BT 291.70 708.95 Td ( PERFORMANCE MEASURES) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 73.50 692.45 177.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 250.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 289.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 328.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 367.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 406.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 445.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 484.50 692.45 39.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 523.50 692.45 38.00 -26.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 73.50 654.45 177.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 289.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 328.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 367.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 445.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 484.50 654.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 523.50 654.45 38.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 641.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 628.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 615.45 39.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 595.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 582.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 569.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 556.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 73.50 543.45 177.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 289.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 328.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 367.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 445.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 484.50 543.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 523.50 543.45 38.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 530.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 517.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 504.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 491.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 478.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 465.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 452.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 439.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 73.50 426.45 177.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 289.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 328.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 367.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 445.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 484.50 426.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 523.50 426.45 38.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 413.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 400.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 387.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 73.50 374.45 177.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 289.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 328.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 367.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 445.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 484.50 374.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 523.50 374.45 38.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 361.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 348.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 335.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 322.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 73.50 309.45 177.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 289.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 328.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 367.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 445.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 484.50 309.45 39.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 523.50 309.45 38.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 296.45 39.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 276.45 39.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 263.45 39.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 73.5 692.45 m 250.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 250.5 692.45 m 289.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 289.5 692.45 m 328.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 328.5 692.45 m 367.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 367.5 692.45 m 406.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 692.45 m 445.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 445.5 692.45 m 484.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 484.5 692.45 m 523.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 523.5 692.45 m 561.5 692.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 73.5 250.45000000000005 m 250.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 250.5 250.45000000000005 m 289.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 289.5 250.45000000000005 m 328.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 328.5 250.45000000000005 m 367.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 367.5 250.45000000000005 m 406.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 250.45000000000005 m 445.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 445.5 250.45000000000005 m 484.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 484.5 250.45000000000005 m 523.5 250.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 523.5 250.45000000000005 m 561.5 250.45000000000005 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 76.00 677.43 Td (As at and for the three months ended,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 254.60 681.43 Td (Jun. 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 260.60 673.43 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 293.80 681.43 Td (Mar) Tj ET Q q 1 1 1 rg BT 307.81 681.43 Td (. 31,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 299.60 673.43 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 332.35 681.43 Td (Dec. 31,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 338.60 673.43 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 371.35 681.43 Td (Sep. 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 377.60 673.43 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 410.60 681.43 Td (Jun. 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.60 673.43 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 449.80 681.43 Td (Mar) Tj ET Q q 1 1 1 rg BT 463.81 681.43 Td (. 31,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 455.60 673.43 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 488.35 681.43 Td (Dec. 31,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 494.60 673.43 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 526.85 681.43 Td (Sep. 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 533.10 673.43 Td (2016) Tj ET Q BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 76.00 658.40 Td (In millions of CAD unless otherwise noted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 646.13 Td (Growth) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 632.93 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.15 632.68 Td (2,940.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 292.15 632.68 Td (2,950.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 331.15 632.68 Td (2,816.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 370.15 632.68 Td (2,608.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 409.15 632.68 Td (2,836.8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 448.15 632.68 Td (2,724.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.15 632.68 Td (2,675.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.65 632.68 Td (2,582.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 619.93 Td (Y) Tj ET Q q 0 0 0 rg BT 80.97 619.93 Td (ear-over-year revenue growth) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.35 619.68 Td (3.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 299.35 619.68 Td (8.3%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 338.35 619.68 Td (5.3%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.35 619.68 Td (1.0%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.35 619.68 Td (6.4%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 452.70 619.68 Td (\(0.9%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 491.70 619.68 Td (\(0.3%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 530.20 619.68 Td (\(0.1%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 607.13 Td (Constant currency year-over-year revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 599.13 Td (growth) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.35 599.68 Td (3.8%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 299.35 599.68 Td (4.9%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 338.35 599.68 Td (4.9%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.35 599.68 Td (2.5%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.35 599.68 Td (5.2%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 455.35 599.68 Td (5.6%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.35 599.68 Td (3.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.85 599.68 Td (2.8%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 586.93 Td (Backlog) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.25 586.68 Td (22,407) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.25 586.68 Td (22,049) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 335.25 586.68 Td (21,1) Tj ET Q q 0 0 0 rg BT 350.82 586.68 Td (10) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 374.25 586.68 Td (20,813) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 413.25 586.68 Td (20,800) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 452.25 586.68 Td (20,968) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 491.25 586.68 Td (20,975) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 529.75 586.68 Td (20,893) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 573.93 Td (Bookings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 573.68 Td (3,470) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 573.68 Td (3,513) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 573.68 Td (2,976) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 573.68 Td (2,913) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 573.68 Td (2,675) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 573.68 Td (2,735) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 573.68 Td (2,962) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 573.68 Td (2,858) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 560.93 Td (Book-to-bill ratio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.90 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 260.35 560.68 Td (18.0%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.90 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 299.35 560.68 Td (19.1%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 333.90 560.68 Td (105.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 372.90 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 377.35 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 381.80 560.68 Td (1.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 414.15 560.68 Td (94.3%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 450.90 560.68 Td (100.4%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.90 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 494.35 560.68 Td (10.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.40 560.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.85 560.68 Td (10.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 547.93 Td (Book-to-bill ratio trailing twelve months) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.90 547.68 Td (1) Tj ET Q q 0 0 0 rg BT 260.35 547.68 Td (13.8%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.90 547.68 Td (107.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 333.90 547.68 Td (102.8%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 372.90 547.68 Td (104.1%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 411.90 547.68 Td (103.8%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 450.90 547.68 Td (107.9%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.90 547.68 Td (107.7%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.40 547.68 Td (109.8%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 535.13 Td (Profitability) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 521.93 Td (Adjusted EBIT) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 521.68 Td (435.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 521.68 Td (424.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 521.68 Td (406.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 521.68 Td (395.8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 521.68 Td (399.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 521.68 Td (395.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 521.68 Td (396.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 521.68 Td (395.1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 82.00 508.88 Td (Adjusted EBIT margin) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 508.68 Td (14.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 297.15 508.63 Td (14.4%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 336.15 508.63 Td (14.4%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 375.15 508.63 Td (15.2%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 414.15 508.63 Td (14.1%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.15 508.63 Td (14.5%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 492.15 508.63 Td (14.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 530.65 508.63 Td (15.3%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 495.93 Td (Net earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 495.68 Td (288.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 495.68 Td (274.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 495.68 Td (285.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 495.68 Td (208.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 495.68 Td (276.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 495.68 Td (274.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 495.68 Td (275.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 495.68 Td (274.4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 82.00 482.88 Td (Net earnings margin) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 260.35 482.68 Td (9.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.35 482.63 Td (9.3%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 336.15 482.63 Td (10.1%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 377.35 482.63 Td (8.0%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 416.35 482.63 Td (9.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.15 482.63 Td (10.1%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 492.15 482.63 Td (10.3%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 530.65 482.63 Td (10.6%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 469.93 Td (Diluted EPS \(in dollars\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.70 469.68 Td (1.00) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 300.70 469.68 Td (0.94) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.70 469.68 Td (0.98) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 378.70 469.68 Td (0.70) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 417.70 469.68 Td (0.92) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 456.70 469.68 Td (0.90) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.70 469.68 Td (0.89) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.20 469.68 Td (0.89) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 456.93 Td (Net earnings excluding specific items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 456.68 Td (309.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 456.68 Td (303.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 456.68 Td (288.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 456.68 Td (275.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 456.68 Td (278.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 456.68 Td (275.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 456.68 Td (277.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 456.68 Td (274.4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 82.00 443.88 Td (Net earnings margin excluding specific items) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 443.68 Td (10.5%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 297.15 443.63 Td (10.3%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 336.15 443.63 Td (10.2%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 375.15 443.63 Td (10.6%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 416.35 443.63 Td (9.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.15 443.63 Td (10.1%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 492.15 443.63 Td (10.4%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 530.65 443.63 Td (10.6%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 430.93 Td (Diluted EPS excluding specific items \(in dollars\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.70 430.68 Td (1.08) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 300.70 430.68 Td (1.04) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.70 430.68 Td (0.99) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 378.70 430.68 Td (0.93) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 417.70 430.68 Td (0.93) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 456.70 430.68 Td (0.91) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.70 430.68 Td (0.90) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.20 430.68 Td (0.89) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 418.13 Td (Liquidity) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 404.93 Td (Cash provided by operating activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 404.68 Td (317.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 404.68 Td (425.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 404.68 Td (410.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 404.68 Td (352.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 404.68 Td (290.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 404.68 Td (366.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 404.68 Td (349.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 404.68 Td (401.8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 82.00 391.88 Td (As a % of revenue) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 391.68 Td (10.8%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 297.15 391.63 Td (14.4%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 336.15 391.63 Td (14.6%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 375.15 391.63 Td (13.5%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 414.15 391.63 Td (10.2%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.15 391.63 Td (13.4%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 492.15 391.63 Td (13.1%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 530.65 391.63 Td (15.6%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 378.93 Td (Days sales outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.05 378.68 Td (50) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 304.05 378.68 Td (46) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 343.05 378.68 Td (47) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 382.05 378.68 Td (47) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 421.05 378.68 Td (45) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 460.05 378.68 Td (42) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 499.05 378.68 Td (44) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 537.55 378.68 Td (44) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 366.13 Td (Capital structure) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 352.93 Td (Net debt) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.15 352.68 Td (1,685.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 295.15 352.68 Td (1,525.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.15 352.68 Td (1,635.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.15 352.68 Td (1,749.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 412.15 352.68 Td (1,449.8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 451.15 352.68 Td (1,493.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 490.15 352.68 Td (1,491.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.65 352.68 Td (1,333.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 339.93 Td (Net debt to capitalization ratio) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 339.68 Td (19.6%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 299.25 339.68 Td (17.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 314.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 338.25 339.73 Td (19.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.25 339.73 Td (21.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 392.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.25 339.73 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 431.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 455.25 339.73 Td (18.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.25 339.73 Td (18.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 509.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.25 339.73 Td (15.8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 547.85 339.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 326.93 Td (Return on equity) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 326.68 Td (16.0%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 299.25 326.68 Td (16.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 314.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 338.25 326.73 Td (16.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.25 326.73 Td (16.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 392.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.25 326.73 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 431.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 455.25 326.73 Td (17.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.25 326.73 Td (17.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 509.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.25 326.73 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 547.85 326.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 313.93 Td (Return on invested capital) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 258.15 313.68 Td (13.5%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 299.25 313.68 Td (13.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 314.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 338.25 313.73 Td (13.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.25 313.73 Td (13.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 392.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.25 313.73 Td (14.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 431.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 455.25 313.73 Td (14.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.25 313.73 Td (14.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 509.85 313.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.25 313.73 Td (14.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 547.85 313.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 301.13 Td (Balance sheet) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 288.13 Td (Cash and cash equivalents, and short-term) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 280.13 Td (investments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 280.68 Td (171.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.45 280.68 Td (287.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 337.45 280.68 Td (238.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.45 280.68 Td (165.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 415.45 280.68 Td (302.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.45 280.68 Td (282.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.45 280.68 Td (313.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 531.95 280.68 Td (596.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 267.93 Td (T) Tj ET Q q 0 0 0 rg BT 80.00 267.93 Td (otal assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.90 267.68 Td (12,155.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 292.90 267.68 Td (12,363.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 331.90 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 336.35 267.68 Td (1,957.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 370.90 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 375.35 267.68 Td (1,396.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 409.90 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 414.35 267.68 Td (1,832.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 448.90 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 453.35 267.68 Td (1,526.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.90 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 492.35 267.68 Td (1,535.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 526.40 267.68 Td (1) Tj ET Q q 0 0 0 rg BT 530.85 267.68 Td (1,693.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 76.00 254.93 Td (Long-term financial liabilities) Tj ET Q BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 176.49 258.74 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.15 254.68 Td (1,615.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 295.15 254.68 Td (1,578.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.15 254.68 Td (1,588.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.15 254.68 Td (1,821.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 412.15 254.68 Td (1,725.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 451.15 254.68 Td (1,747.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 490.15 254.68 Td (1,760.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.65 254.68 Td (1,765.4) Tj ET Q BT /F1 10.00 Tf ET BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 236.29 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 74.53 237.48 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.16 232.95 Td ( ) Tj ET Q q 0 0 0 rg BT 76.50 232.95 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 232.95 Td (Long-term ) Tj ET Q q 0 0 0 rg BT 119.35 232.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 146.98 232.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 175.38 232.95 Td (include ) Tj ET Q q 0 0 0 rg BT 199.50 232.95 Td (the ) Tj ET Q q 0 0 0 rg BT 211.18 232.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 242.69 232.95 Td (portion ) Tj ET Q q 0 0 0 rg BT 266.04 232.95 Td (of ) Tj ET Q q 0 0 0 rg BT 273.82 232.95 Td (the ) Tj ET Q q 0 0 0 rg BT 285.50 232.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 301.06 232.95 Td (and ) Tj ET Q q 0 0 0 rg BT 314.69 232.95 Td (the ) Tj ET Q q 0 0 0 rg BT 326.36 232.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 357.87 232.95 Td (derivative ) Tj ET Q q 0 0 0 rg BT 389.78 232.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 417.41 232.95 Td (instruments.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (12) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (2.3. ST) Tj ET Q q 0 0 0 rg BT 100.85 708.95 Td (OCK PERFORMANCE) Tj ET Q /GS0 gs q 485.00 0 0 342.00 72.00 361.95 cm /I2 Do Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 336.15 Td (2.3.1. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 98.52 336.15 Td (Q3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 110.52 336.15 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 113.02 336.15 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 133.05 336.15 Td ( ) Tj ET Q q 0 0 0 rg BT 135.55 336.15 Td (T) Tj ET Q q 0 0 0 rg BT 140.55 336.15 Td (rading ) Tj ET Q q 0 0 0 rg BT 170.55 336.15 Td (Summary) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 319.65 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.84 319.65 Td (s ) Tj ET Q q 0 0 0 rg BT 96.04 319.65 Td (shares ) Tj ET Q q 0 0 0 rg BT 124.75 319.65 Td (are ) Tj ET Q q 0 0 0 rg BT 139.46 319.65 Td (listed ) Tj ET Q q 0 0 0 rg BT 162.17 319.65 Td (on ) Tj ET Q q 0 0 0 rg BT 173.88 319.65 Td (the ) Tj ET Q q 0 0 0 rg BT 187.98 319.65 Td (T) Tj ET Q q 0 0 0 rg BT 192.48 319.65 Td (oronto ) Tj ET Q q 0 0 0 rg BT 219.70 319.65 Td (Stock ) Tj ET Q q 0 0 0 rg BT 243.91 319.65 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 285.63 319.65 Td (\(TSX\) ) Tj ET Q q 0 0 0 rg BT 310.83 319.65 Td (\(stock ) Tj ET Q q 0 0 0 rg BT 336.53 319.65 Td (quote ) Tj ET Q q 0 0 0 rg BT 360.76 319.65 Td ( ) Tj ET Q q 0 0 0 rg BT 367.46 319.65 Td (GIB.A\) ) Tj ET Q q 0 0 0 rg BT 396.17 319.65 Td (and ) Tj ET Q q 0 0 0 rg BT 412.88 319.65 Td (the ) Tj ET Q q 0 0 0 rg BT 427.09 319.65 Td (New ) Tj ET Q q 0 0 0 rg BT 446.69 319.65 Td (Y) Tj ET Q q 0 0 0 rg BT 451.86 319.65 Td (ork ) Tj ET Q q 0 0 0 rg BT 466.06 319.65 Td (Stock ) Tj ET Q q 0 0 0 rg BT 490.27 319.65 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 532.00 319.65 Td (\(NYSE\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 306.15 Td (\(stock ) Tj ET Q q 0 0 0 rg BT 98.50 306.15 Td (quote ) Tj ET Q q 0 0 0 rg BT 123.53 306.15 Td ( ) Tj ET Q q 0 0 0 rg BT 131.03 306.15 Td (GIB\) ) Tj ET Q q 0 0 0 rg BT 152.03 306.15 Td (and ) Tj ET Q q 0 0 0 rg BT 169.55 306.15 Td (are ) Tj ET Q q 0 0 0 rg BT 185.06 306.15 Td (included ) Tj ET Q q 0 0 0 rg BT 221.08 306.15 Td (in ) Tj ET Q q 0 0 0 rg BT 230.59 306.15 Td (key ) Tj ET Q q 0 0 0 rg BT 247.10 306.15 Td (indices ) Tj ET Q q 0 0 0 rg BT 277.61 306.15 Td (such ) Tj ET Q q 0 0 0 rg BT 299.12 306.15 Td (as ) Tj ET Q q 0 0 0 rg BT 311.13 306.15 Td (the ) Tj ET Q q 0 0 0 rg BT 326.14 306.15 Td (S&P/TSX ) Tj ET Q q 0 0 0 rg BT 366.65 306.15 Td (60 ) Tj ET Q q 0 0 0 rg BT 379.16 306.15 Td (Index.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 75.00 285.05 Td (TSX) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 272.00 285.05 Td (\(CAD\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 285.05 Td (NYSE) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.00 285.05 Td (\(USD\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 271.60 Td (Open:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.45 270.05 Td (74.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 271.60 Td (Open:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.45 270.05 Td (57.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 256.60 Td (High:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.45 255.05 Td (84.37) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 256.60 Td (High:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.45 255.05 Td (63.51) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 241.60 Td (Low:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.45 240.05 Td (72.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 241.60 Td (Low:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.45 240.05 Td (56.71) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 226.60 Td (Close:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.45 225.05 Td (83.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 226.60 Td (Close:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.45 225.05 Td (63.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 75.00 211.60 Td (CDN average daily trading volumes) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 216.57 215.89 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.82 211.60 Td (:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.45 210.05 Td (748,371) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 211.60 Td (NYSE average daily trading volumes:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.45 210.05 Td (188,641) Tj ET Q BT /F1 10.00 Tf ET BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 195.09 Td (1) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 74.53 191.75 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 191.75 Td (Includes the average daily volumes of both the ) Tj ET Q q 0 0 0 rg BT 231.69 191.75 Td (TSX and alternative trading systems.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (13) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (2.3.2. ) Tj ET Q q 0 0 0 rg BT 97.02 708.95 Td (Normal ) Tj ET Q q 0 0 0 rg BT 130.53 708.95 Td (Course ) Tj ET Q q 0 0 0 rg BT 164.03 708.95 Td (Issuer ) Tj ET Q q 0 0 0 rg BT 193.05 708.95 Td (Bid ) Tj ET Q q 0 0 0 rg BT 210.05 708.95 Td (\(NCIB\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (On ) Tj ET Q q 0 0 0 rg BT 86.81 689.45 Td (January ) Tj ET Q q 0 0 0 rg BT 121.62 689.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 136.94 689.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 162.26 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 177.57 689.45 Td (Company) Tj ET Q q 0 0 0 rg BT 217.92 689.45 Td (s ) Tj ET Q q 0 0 0 rg BT 225.22 689.45 Td (Board ) Tj ET Q q 0 0 0 rg BT 252.04 689.45 Td (of ) Tj ET Q q 0 0 0 rg BT 262.34 689.45 Td (Directors ) Tj ET Q q 0 0 0 rg BT 301.15 689.45 Td (authorized ) Tj ET Q q 0 0 0 rg BT 345.98 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 363.79 689.45 Td (subsequently ) Tj ET Q q 0 0 0 rg BT 419.63 689.45 Td (received ) Tj ET Q q 0 0 0 rg BT 456.45 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 471.76 689.45 Td (approval ) Tj ET Q q 0 0 0 rg BT 509.08 689.45 Td (from ) Tj ET Q q 0 0 0 rg BT 529.88 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 545.01 689.45 Td (TSX ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (for ) Tj ET Q q 0 0 0 rg BT 85.00 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 100.02 675.95 Td (renewal ) Tj ET Q q 0 0 0 rg BT 134.04 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 144.05 675.95 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 168.77 675.95 Td (NCIB ) Tj ET Q q 0 0 0 rg BT 192.77 675.95 Td (which ) Tj ET Q q 0 0 0 rg BT 218.28 675.95 Td (allows ) Tj ET Q q 0 0 0 rg BT 245.79 675.95 Td (for ) Tj ET Q q 0 0 0 rg BT 258.80 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 273.81 675.95 Td (purchase ) Tj ET Q q 0 0 0 rg BT 313.34 675.95 Td (for ) Tj ET Q q 0 0 0 rg BT 326.34 675.95 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 376.38 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 386.38 675.95 Td (up ) Tj ET Q q 0 0 0 rg BT 398.90 675.95 Td (to ) Tj ET Q q 0 0 0 rg BT 408.90 675.95 Td (20,595,539 ) Tj ET Q q 0 0 0 rg BT 456.45 675.95 Td (Class) Tj ET Q q 0 0 0 rg BT 480.96 675.95 Td (A) Tj ET Q q 0 0 0 rg BT 486.46 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 488.97 675.95 Td (subordinate ) Tj ET Q q 0 0 0 rg BT 538.50 675.95 Td (voting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (shares ) Tj ET Q q 0 0 0 rg BT 101.76 662.45 Td (\(Class ) Tj ET Q q 0 0 0 rg BT 129.46 662.45 Td (A) Tj ET Q q 0 0 0 rg BT 134.97 662.45 Td ( ) Tj ET Q q 0 0 0 rg BT 137.72 662.45 Td (Shares\), ) Tj ET Q q 0 0 0 rg BT 174.48 662.45 Td (representing ) Tj ET Q q 0 0 0 rg BT 227.26 662.45 Td (10% ) Tj ET Q q 0 0 0 rg BT 248.02 662.45 Td (of ) Tj ET Q q 0 0 0 rg BT 258.27 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 273.53 662.45 Td (Company) Tj ET Q q 0 0 0 rg BT 313.88 662.45 Td (s ) Tj ET Q q 0 0 0 rg BT 321.13 662.45 Td (public ) Tj ET Q q 0 0 0 rg BT 347.39 662.45 Td (float ) Tj ET Q q 0 0 0 rg BT 367.15 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 379.40 662.45 Td (of ) Tj ET Q q 0 0 0 rg BT 389.66 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 404.91 662.45 Td (close ) Tj ET Q q 0 0 0 rg BT 428.67 662.45 Td (of ) Tj ET Q q 0 0 0 rg BT 438.92 662.45 Td (business ) Tj ET Q q 0 0 0 rg BT 477.19 662.45 Td (on ) Tj ET Q q 0 0 0 rg BT 489.95 662.45 Td (January ) Tj ET Q q 0 0 0 rg BT 524.72 662.45 Td (24, ) Tj ET Q q 0 0 0 rg BT 539.97 662.45 Td (2018. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (Class) Tj ET Q q 0 0 0 rg BT 96.51 648.95 Td (A) Tj ET Q q 0 0 0 rg BT 102.01 648.95 Td ( ) Tj ET Q q 0 0 0 rg BT 104.88 648.95 Td (Shares ) Tj ET Q q 0 0 0 rg BT 136.27 648.95 Td (may ) Tj ET Q q 0 0 0 rg BT 156.14 648.95 Td (be ) Tj ET Q q 0 0 0 rg BT 169.02 648.95 Td (purchased ) Tj ET Q q 0 0 0 rg BT 213.91 648.95 Td (for ) Tj ET Q q 0 0 0 rg BT 227.29 648.95 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 277.68 648.95 Td (under ) Tj ET Q q 0 0 0 rg BT 303.57 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 318.95 648.95 Td (current ) Tj ET Q q 0 0 0 rg BT 349.83 648.95 Td (NCIB ) Tj ET Q q 0 0 0 rg BT 374.20 648.95 Td (commencing ) Tj ET Q q 0 0 0 rg BT 428.09 648.95 Td (on ) Tj ET Q q 0 0 0 rg BT 440.97 648.95 Td (February6, ) Tj ET Q q 0 0 0 rg BT 489.86 648.95 Td (2018 ) Tj ET Q q 0 0 0 rg BT 512.75 648.95 Td (until ) Tj ET Q q 0 0 0 rg BT 532.12 648.95 Td (no ) Tj ET Q q 0 0 0 rg BT 545.00 648.95 Td (later ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.45 Td (than ) Tj ET Q q 0 0 0 rg BT 91.31 635.45 Td (February ) Tj ET Q q 0 0 0 rg BT 129.11 635.45 Td (5, ) Tj ET Q q 0 0 0 rg BT 138.41 635.45 Td (2019, ) Tj ET Q q 0 0 0 rg BT 162.72 635.45 Td (or ) Tj ET Q q 0 0 0 rg BT 172.52 635.45 Td (on ) Tj ET Q q 0 0 0 rg BT 184.32 635.45 Td (such ) Tj ET Q q 0 0 0 rg BT 205.12 635.45 Td (earlier ) Tj ET Q q 0 0 0 rg BT 231.92 635.45 Td (date ) Tj ET Q q 0 0 0 rg BT 251.23 635.45 Td (when ) Tj ET Q q 0 0 0 rg BT 274.53 635.45 Td (the ) Tj ET Q q 0 0 0 rg BT 288.84 635.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 329.14 635.45 Td (has ) Tj ET Q q 0 0 0 rg BT 345.45 635.45 Td (either ) Tj ET Q q 0 0 0 rg BT 369.75 635.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 406.06 635.45 Td (the ) Tj ET Q q 0 0 0 rg BT 420.37 635.45 Td (maximum ) Tj ET Q q 0 0 0 rg BT 461.16 635.45 Td (number ) Tj ET Q q 0 0 0 rg BT 493.47 635.45 Td (of ) Tj ET Q q 0 0 0 rg BT 502.76 635.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 526.70 635.45 Td (A) Tj ET Q q 0 0 0 rg BT 532.21 635.45 Td ( ) Tj ET Q q 0 0 0 rg BT 534.00 635.45 Td (Shares ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 621.95 Td (allowable ) Tj ET Q q 0 0 0 rg BT 112.03 621.95 Td (under ) Tj ET Q q 0 0 0 rg BT 137.54 621.95 Td (the ) Tj ET Q q 0 0 0 rg BT 152.56 621.95 Td (NCIB ) Tj ET Q q 0 0 0 rg BT 176.56 621.95 Td (or ) Tj ET Q q 0 0 0 rg BT 187.06 621.95 Td (elects ) Tj ET Q q 0 0 0 rg BT 213.07 621.95 Td (to ) Tj ET Q q 0 0 0 rg BT 223.08 621.95 Td (terminate ) Tj ET Q q 0 0 0 rg BT 263.10 621.95 Td (the ) Tj ET Q q 0 0 0 rg BT 278.11 621.95 Td (bid.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 602.45 Td (During ) Tj ET Q q 0 0 0 rg BT 100.76 602.45 Td (the ) Tj ET Q q 0 0 0 rg BT 115.52 602.45 Td (third ) Tj ET Q q 0 0 0 rg BT 135.27 602.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 166.03 602.45 Td (of ) Tj ET Q q 0 0 0 rg BT 175.79 602.45 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 201.53 602.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 226.30 602.45 Td (the ) Tj ET Q q 0 0 0 rg BT 241.06 602.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 281.83 602.45 Td (purchased ) Tj ET Q q 0 0 0 rg BT 326.10 602.45 Td (for ) Tj ET Q q 0 0 0 rg BT 338.85 602.45 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 388.63 602.45 Td (4,765,829 ) Tj ET Q q 0 0 0 rg BT 430.91 602.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 455.22 602.45 Td (A) Tj ET Q q 0 0 0 rg BT 460.73 602.45 Td ( ) Tj ET Q q 0 0 0 rg BT 462.97 602.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 493.73 602.45 Td (for ) Tj ET Q q 0 0 0 rg BT 506.48 602.45 Td (approximately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 588.95 Td ($366.8 ) Tj ET Q q 0 0 0 rg BT 102.07 588.95 Td (million ) Tj ET Q q 0 0 0 rg BT 130.13 588.95 Td (net ) Tj ET Q q 0 0 0 rg BT 145.18 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 155.23 588.95 Td (fees ) Tj ET Q q 0 0 0 rg BT 174.79 588.95 Td (at ) Tj ET Q q 0 0 0 rg BT 184.84 588.95 Td (a ) Tj ET Q q 0 0 0 rg BT 192.39 588.95 Td (weighted ) Tj ET Q q 0 0 0 rg BT 230.97 588.95 Td (average ) Tj ET Q q 0 0 0 rg BT 266.04 588.95 Td (price ) Tj ET Q q 0 0 0 rg BT 288.09 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 298.14 588.95 Td ($76.98. ) Tj ET Q q 0 0 0 rg BT 330.55 588.95 Td (The ) Tj ET Q q 0 0 0 rg BT 348.60 588.95 Td (purchased ) Tj ET Q q 0 0 0 rg BT 393.18 588.95 Td (shares ) Tj ET Q q 0 0 0 rg BT 422.74 588.95 Td (included ) Tj ET Q q 0 0 0 rg BT 458.81 588.95 Td (3,634,729 ) Tj ET Q q 0 0 0 rg BT 501.39 588.95 Td (Class ) Tj ET Q q 0 0 0 rg BT 525.94 588.95 Td (A) Tj ET Q q 0 0 0 rg BT 531.44 588.95 Td ( ) Tj ET Q q 0 0 0 rg BT 533.99 588.95 Td (Shares ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 575.45 Td (purchased ) Tj ET Q q 0 0 0 rg BT 115.90 575.45 Td (for ) Tj ET Q q 0 0 0 rg BT 128.28 575.45 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 177.69 575.45 Td (from ) Tj ET Q q 0 0 0 rg BT 197.56 575.45 Td (Caisse ) Tj ET Q q 0 0 0 rg BT 226.94 575.45 Td (de ) Tj ET Q q 0 0 0 rg BT 238.83 575.45 Td (dpt ) Tj ET Q q 0 0 0 rg BT 263.22 575.45 Td (et ) Tj ET Q q 0 0 0 rg BT 272.60 575.45 Td (de ) Tj ET Q q 0 0 0 rg BT 284.49 575.45 Td (placement ) Tj ET Q q 0 0 0 rg BT 327.89 575.45 Td (du ) Tj ET Q q 0 0 0 rg BT 339.77 575.45 Td (Qubec ) Tj ET Q q 0 0 0 rg BT 373.17 575.45 Td (\(CDPQ\) ) Tj ET Q q 0 0 0 rg BT 407.04 575.45 Td (for ) Tj ET Q q 0 0 0 rg BT 419.42 575.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 440.30 575.45 Td (consideration ) Tj ET Q q 0 0 0 rg BT 495.71 575.45 Td (of ) Tj ET Q q 0 0 0 rg BT 505.09 575.45 Td ($272.8 ) Tj ET Q q 0 0 0 rg BT 534.49 575.45 Td (million. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 561.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.52 561.95 Td (purchase ) Tj ET Q q 0 0 0 rg BT 128.56 561.95 Td (is ) Tj ET Q q 0 0 0 rg BT 137.07 561.95 Td (considered ) Tj ET Q q 0 0 0 rg BT 183.11 561.95 Td (within ) Tj ET Q q 0 0 0 rg BT 208.14 561.95 Td (the ) Tj ET Q q 0 0 0 rg BT 222.66 561.95 Td (annual ) Tj ET Q q 0 0 0 rg BT 251.70 561.95 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 294.25 561.95 Td (limit ) Tj ET Q q 0 0 0 rg BT 312.26 561.95 Td (that ) Tj ET Q q 0 0 0 rg BT 329.28 561.95 Td (the ) Tj ET Q q 0 0 0 rg BT 343.81 561.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 384.34 561.95 Td (is ) Tj ET Q q 0 0 0 rg BT 392.85 561.95 Td (entitled ) Tj ET Q q 0 0 0 rg BT 423.89 561.95 Td (to ) Tj ET Q q 0 0 0 rg BT 433.40 561.95 Td (purchase ) Tj ET Q q 0 0 0 rg BT 472.44 561.95 Td (under ) Tj ET Q q 0 0 0 rg BT 497.47 561.95 Td (its ) Tj ET Q q 0 0 0 rg BT 508.49 561.95 Td (current ) Tj ET Q q 0 0 0 rg BT 538.51 561.95 Td (NCIB. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 548.45 Td (As ) Tj ET Q q 0 0 0 rg BT 84.78 548.45 Td (at ) Tj ET Q q 0 0 0 rg BT 94.57 548.45 Td (June ) Tj ET Q q 0 0 0 rg BT 116.37 548.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 131.16 548.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 155.96 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 165.75 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 180.54 548.45 Td (4,765,829 ) Tj ET Q q 0 0 0 rg BT 222.86 548.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 247.19 548.45 Td (A) Tj ET Q q 0 0 0 rg BT 252.70 548.45 Td ( ) Tj ET Q q 0 0 0 rg BT 254.98 548.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 285.78 548.45 Td (purchased ) Tj ET Q q 0 0 0 rg BT 330.09 548.45 Td (for ) Tj ET Q q 0 0 0 rg BT 342.87 548.45 Td (cancellation, ) Tj ET Q q 0 0 0 rg BT 395.18 548.45 Td (242,400 ) Tj ET Q q 0 0 0 rg BT 430.00 548.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 454.33 548.45 Td (A) Tj ET Q q 0 0 0 rg BT 459.83 548.45 Td ( ) Tj ET Q q 0 0 0 rg BT 462.11 548.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 492.91 548.45 Td (remain ) Tj ET Q q 0 0 0 rg BT 522.70 548.45 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 552.01 548.45 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 534.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 130.53 534.95 Td ($20.2 ) Tj ET Q q 0 0 0 rg BT 155.55 534.95 Td (million. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 515.45 Td (During ) Tj ET Q q 0 0 0 rg BT 102.51 515.45 Td (the ) Tj ET Q q 0 0 0 rg BT 119.02 515.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 140.04 515.45 Td (months ) Tj ET Q q 0 0 0 rg BT 173.55 515.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 202.58 515.45 Td (June ) Tj ET Q q 0 0 0 rg BT 226.10 515.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 242.61 515.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 269.13 515.45 Td (the ) Tj ET Q q 0 0 0 rg BT 285.64 515.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 328.16 515.45 Td (purchased ) Tj ET Q q 0 0 0 rg BT 374.19 515.45 Td (for ) Tj ET Q q 0 0 0 rg BT 388.70 515.45 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 440.23 515.45 Td (7,996,279 ) Tj ET Q q 0 0 0 rg BT 484.27 515.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 509.98 515.45 Td (A) Tj ET Q q 0 0 0 rg BT 515.48 515.45 Td ( ) Tj ET Q q 0 0 0 rg BT 519.48 515.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 552.00 515.45 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 501.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 130.49 501.95 Td ($598.3 ) Tj ET Q q 0 0 0 rg BT 160.48 501.95 Td (million ) Tj ET Q q 0 0 0 rg BT 188.44 501.95 Td (net ) Tj ET Q q 0 0 0 rg BT 203.42 501.95 Td (of ) Tj ET Q q 0 0 0 rg BT 213.38 501.95 Td (fees ) Tj ET Q q 0 0 0 rg BT 232.86 501.95 Td (at ) Tj ET Q q 0 0 0 rg BT 242.82 501.95 Td (a ) Tj ET Q q 0 0 0 rg BT 250.29 501.95 Td (weighted ) Tj ET Q q 0 0 0 rg BT 288.78 501.95 Td (average ) Tj ET Q q 0 0 0 rg BT 323.76 501.95 Td (price ) Tj ET Q q 0 0 0 rg BT 345.73 501.95 Td (of ) Tj ET Q q 0 0 0 rg BT 355.70 501.95 Td ($74.82. ) Tj ET Q q 0 0 0 rg BT 387.70 501.95 Td (As ) Tj ET Q q 0 0 0 rg BT 400.66 501.95 Td (at ) Tj ET Q q 0 0 0 rg BT 410.63 501.95 Td (June ) Tj ET Q q 0 0 0 rg BT 432.61 501.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 447.58 501.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 472.56 501.95 Td (of ) Tj ET Q q 0 0 0 rg BT 482.53 501.95 Td (the ) Tj ET Q q 0 0 0 rg BT 497.50 501.95 Td (7,996,279 ) Tj ET Q q 0 0 0 rg BT 540.00 501.95 Td (Class ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 488.45 Td (A) Tj ET Q q 0 0 0 rg BT 77.51 488.45 Td ( ) Tj ET Q q 0 0 0 rg BT 80.01 488.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 111.02 488.45 Td (purchased ) Tj ET Q q 0 0 0 rg BT 155.55 488.45 Td (for ) Tj ET Q q 0 0 0 rg BT 168.56 488.45 Td (cancellation, ) Tj ET Q q 0 0 0 rg BT 221.09 488.45 Td (242,400 ) Tj ET Q q 0 0 0 rg BT 256.12 488.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 280.63 488.45 Td (A) Tj ET Q q 0 0 0 rg BT 286.14 488.45 Td ( ) Tj ET Q q 0 0 0 rg BT 288.64 488.45 Td (Shares ) Tj ET Q q 0 0 0 rg BT 319.65 488.45 Td (remain ) Tj ET Q q 0 0 0 rg BT 349.66 488.45 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 379.19 488.45 Td (for ) Tj ET Q q 0 0 0 rg BT 392.19 488.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 450.72 488.45 Td ($20.2 ) Tj ET Q q 0 0 0 rg BT 475.74 488.45 Td (million. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 468.95 Td (As ) Tj ET Q q 0 0 0 rg BT 85.14 468.95 Td (at ) Tj ET Q q 0 0 0 rg BT 95.28 468.95 Td (June ) Tj ET Q q 0 0 0 rg BT 117.44 468.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 132.58 468.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 157.74 468.95 Td (the ) Tj ET Q q 0 0 0 rg BT 172.89 468.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 214.05 468.95 Td (could ) Tj ET Q q 0 0 0 rg BT 238.20 468.95 Td (still ) Tj ET Q q 0 0 0 rg BT 253.84 468.95 Td (purchase ) Tj ET Q q 0 0 0 rg BT 293.50 468.95 Td (up ) Tj ET Q q 0 0 0 rg BT 306.15 468.95 Td (to ) Tj ET Q q 0 0 0 rg BT 316.29 468.95 Td (12,599,260 ) Tj ET Q q 0 0 0 rg BT 363.97 468.95 Td (Class ) Tj ET Q q 0 0 0 rg BT 388.59 468.95 Td (A) Tj ET Q q 0 0 0 rg BT 394.09 468.95 Td ( ) Tj ET Q q 0 0 0 rg BT 396.73 468.95 Td (Shares ) Tj ET Q q 0 0 0 rg BT 427.88 468.95 Td (for ) Tj ET Q q 0 0 0 rg BT 441.02 468.95 Td (cancellation, ) Tj ET Q q 0 0 0 rg BT 493.69 468.95 Td (under ) Tj ET Q q 0 0 0 rg BT 519.35 468.95 Td (the ) Tj ET Q q 0 0 0 rg BT 534.50 468.95 Td (current ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 455.45 Td (NCIB.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 426.95 Td (2.3.3. Capital Stock and Options Outstanding) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 73.50 407.45 Td (The following table provides a summary of the Capital Stock and Options Outstanding as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.20 407.45 Td (July27, 2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.73 407.45 Td (:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 390.95 379.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 451.50 390.95 110.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 451.50 377.95 110.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 451.50 364.95 110.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 451.50 351.95 110.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 390.95 m 451.5 390.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 451.5 390.95 m 561.5 390.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 338.95 m 451.5 338.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 451.5 338.95 m 561.5 338.95 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 382.43 Td (Capital Stock and Options Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 480.80 382.43 Td (As at July 27, 2018) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 369.43 Td (Class) Tj ET Q q 0 0 0 rg BT 97.01 369.43 Td (A) Tj ET Q q 0 0 0 rg BT 101.90 369.43 Td ( subordinate voting shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.80 369.23 Td (251,917,456) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 356.43 Td (Class B multiple voting shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.25 356.23 Td (28,945,706) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 343.43 Td (Options to purchase Class) Tj ET Q q 0 0 0 rg BT 170.61 343.43 Td (A) Tj ET Q q 0 0 0 rg BT 175.50 343.43 Td ( subordinate voting shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.25 343.23 Td (1) Tj ET Q q 0 0 0 rg BT 516.70 343.23 Td (1,507,681) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 313.95 Td (2.4 INVESTMENTS IN SUBSIDIARIES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 294.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 294.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.03 294.45 Td (made ) Tj ET Q q 0 0 0 rg BT 156.04 294.45 Td (the ) Tj ET Q q 0 0 0 rg BT 171.05 294.45 Td (following ) Tj ET Q q 0 0 0 rg BT 208.57 294.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 258.10 294.45 Td (during ) Tj ET Q q 0 0 0 rg BT 285.62 294.45 Td (the ) Tj ET Q q 0 0 0 rg BT 300.63 294.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 320.15 294.45 Td (months ) Tj ET Q q 0 0 0 rg BT 352.16 294.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 379.69 294.45 Td (June ) Tj ET Q q 0 0 0 rg BT 401.70 294.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 416.72 294.45 Td (2018:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 274.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.11 274.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 129.23 274.95 Td (acquired ) Tj ET Q q 0 0 0 rg BT 165.36 274.95 Td (96.7% ) Tj ET Q q 0 0 0 rg BT 192.48 274.95 Td (of ) Tj ET Q q 0 0 0 rg BT 201.59 274.95 Td (the ) Tj ET Q q 0 0 0 rg BT 215.70 274.95 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 263.85 274.95 Td (shares ) Tj ET Q q 0 0 0 rg BT 292.46 274.95 Td (of ) Tj ET Q q 0 0 0 rg BT 301.25 274.95 Td (Af) Tj ET Q q 0 0 0 rg BT 309.59 274.95 Td (fecto ) Tj ET Q q 0 0 0 rg BT 330.71 274.95 Td (Plc ) Tj ET Q q 0 0 0 rg BT 344.81 274.95 Td (\(Af) Tj ET Q q 0 0 0 rg BT 356.15 274.95 Td (fecto\) ) Tj ET Q q 0 0 0 rg BT 380.26 274.95 Td (in ) Tj ET Q q 0 0 0 rg BT 388.87 274.95 Td (October ) Tj ET Q q 0 0 0 rg BT 422.49 274.95 Td (2017 ) Tj ET Q q 0 0 0 rg BT 444.11 274.95 Td (and ) Tj ET Q q 0 0 0 rg BT 460.73 274.95 Td (the ) Tj ET Q q 0 0 0 rg BT 474.85 274.95 Td (remaining ) Tj ET Q q 0 0 0 rg BT 515.97 274.95 Td (outstanding ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 261.45 Td (shares ) Tj ET Q q 0 0 0 rg BT 100.74 261.45 Td (during ) Tj ET Q q 0 0 0 rg BT 127.48 261.45 Td (the ) Tj ET Q q 0 0 0 rg BT 141.72 261.45 Td (three ) Tj ET Q q 0 0 0 rg BT 163.96 261.45 Td (months ) Tj ET Q q 0 0 0 rg BT 195.20 261.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 221.95 261.45 Td (March ) Tj ET Q q 0 0 0 rg BT 248.68 261.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 262.91 261.45 Td (2018 ) Tj ET Q q 0 0 0 rg BT 284.66 261.45 Td (for ) Tj ET Q q 0 0 0 rg BT 296.89 261.45 Td (a ) Tj ET Q q 0 0 0 rg BT 303.62 261.45 Td (purchase ) Tj ET Q q 0 0 0 rg BT 342.37 261.45 Td (price ) Tj ET Q q 0 0 0 rg BT 363.60 261.45 Td (of ) Tj ET Q q 0 0 0 rg BT 372.83 261.45 Td ($145.0 ) Tj ET Q q 0 0 0 rg BT 402.08 261.45 Td (million ) Tj ET Q q 0 0 0 rg BT 429.31 261.45 Td (\(98.5 ) Tj ET Q q 0 0 0 rg BT 456.56 261.45 Td (million\). ) Tj ET Q q 0 0 0 rg BT 488.94 261.45 Td (Af) Tj ET Q q 0 0 0 rg BT 497.29 261.45 Td (fecto ) Tj ET Q q 0 0 0 rg BT 518.52 261.45 Td (is ) Tj ET Q q 0 0 0 rg BT 526.75 261.45 Td (a ) Tj ET Q q 0 0 0 rg BT 533.48 261.45 Td (leading ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 247.95 Td (provider ) Tj ET Q q 0 0 0 rg BT 106.99 247.95 Td (of ) Tj ET Q q 0 0 0 rg BT 116.98 247.95 Td (business ) Tj ET Q q 0 0 0 rg BT 154.98 247.95 Td (intelligence ) Tj ET Q q 0 0 0 rg BT 202.49 247.95 Td (and ) Tj ET Q q 0 0 0 rg BT 219.99 247.95 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 262.49 247.95 Td (information ) Tj ET Q q 0 0 0 rg BT 309.49 247.95 Td (management ) Tj ET Q q 0 0 0 rg BT 364.50 247.95 Td (solutions ) Tj ET Q q 0 0 0 rg BT 402.50 247.95 Td (and ) Tj ET Q q 0 0 0 rg BT 420.00 247.95 Td (services, ) Tj ET Q q 0 0 0 rg BT 457.98 247.95 Td (headquartered ) Tj ET Q q 0 0 0 rg BT 519.01 247.95 Td (in ) Tj ET Q q 0 0 0 rg BT 528.49 247.95 Td (Helsinki, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 234.45 Td (Finland. ) Tj ET Q q 0 0 0 rg BT 106.48 234.45 Td (This ) Tj ET Q q 0 0 0 rg BT 126.11 234.45 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 171.26 234.45 Td (adds ) Tj ET Q q 0 0 0 rg BT 193.41 234.45 Td (more ) Tj ET Q q 0 0 0 rg BT 216.54 234.45 Td (than ) Tj ET Q q 0 0 0 rg BT 236.69 234.45 Td (1,000 ) Tj ET Q q 0 0 0 rg BT 261.84 234.45 Td (professionals ) Tj ET Q q 0 0 0 rg BT 317.50 234.45 Td (and ) Tj ET Q q 0 0 0 rg BT 335.14 234.45 Td (annualized ) Tj ET Q q 0 0 0 rg BT 381.31 234.45 Td (revenues ) Tj ET Q q 0 0 0 rg BT 420.96 234.45 Td (of ) Tj ET Q q 0 0 0 rg BT 431.09 234.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 489.75 234.45 Td (1) Tj ET Q q 0 0 0 rg BT 499.09 234.45 Td (10 ) Tj ET Q q 0 0 0 rg BT 511.73 234.45 Td (million ) Tj ET Q q 0 0 0 rg BT 539.87 234.45 Td (to ) Tj ET Q q 0 0 0 rg BT 550.00 234.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 220.95 Td (Company) Tj ET Q q 0 0 0 rg BT 109.85 220.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 201.45 Td (On ) Tj ET Q q 0 0 0 rg BT 85.49 201.45 Td (December ) Tj ET Q q 0 0 0 rg BT 128.49 201.45 Td (7, ) Tj ET Q q 0 0 0 rg BT 137.48 201.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 161.49 201.45 Td (the ) Tj ET Q q 0 0 0 rg BT 175.48 201.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 215.49 201.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 251.50 201.45 Td (all ) Tj ET Q q 0 0 0 rg BT 261.98 201.45 Td (of ) Tj ET Q q 0 0 0 rg BT 270.98 201.45 Td (the ) Tj ET Q q 0 0 0 rg BT 284.97 201.45 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 332.99 201.45 Td (shares ) Tj ET Q q 0 0 0 rg BT 361.49 201.45 Td (of ) Tj ET Q q 0 0 0 rg BT 370.48 201.45 Td (Paragon ) Tj ET Q q 0 0 0 rg BT 406.00 201.45 Td (Solutions, ) Tj ET Q q 0 0 0 rg BT 447.00 201.45 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 463.00 201.45 Td (\(Paragon\), ) Tj ET Q q 0 0 0 rg BT 507.00 201.45 Td (for ) Tj ET Q q 0 0 0 rg BT 518.99 201.45 Td (a ) Tj ET Q q 0 0 0 rg BT 525.48 201.45 Td (purchase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 187.95 Td (price ) Tj ET Q q 0 0 0 rg BT 93.74 187.95 Td (of ) Tj ET Q q 0 0 0 rg BT 103.49 187.95 Td ($79.5 ) Tj ET Q q 0 0 0 rg BT 128.25 187.95 Td (million ) Tj ET Q q 0 0 0 rg BT 155.99 187.95 Td (\(US$61.9 ) Tj ET Q q 0 0 0 rg BT 196.25 187.95 Td (million\). ) Tj ET Q q 0 0 0 rg BT 229.49 187.95 Td (Paragon ) Tj ET Q q 0 0 0 rg BT 265.75 187.95 Td (is ) Tj ET Q q 0 0 0 rg BT 274.49 187.95 Td (a ) Tj ET Q q 0 0 0 rg BT 281.73 187.95 Td (high-end ) Tj ET Q q 0 0 0 rg BT 318.99 187.95 Td (commercial ) Tj ET Q q 0 0 0 rg BT 367.24 187.95 Td (business ) Tj ET Q q 0 0 0 rg BT 405.00 187.95 Td (consultancy ) Tj ET Q q 0 0 0 rg BT 454.76 187.95 Td (with ) Tj ET Q q 0 0 0 rg BT 473.00 187.95 Td (depth ) Tj ET Q q 0 0 0 rg BT 497.76 187.95 Td (in ) Tj ET Q q 0 0 0 rg BT 507.00 187.95 Td (health ) Tj ET Q q 0 0 0 rg BT 533.76 187.95 Td (and ) Tj ET Q q 0 0 0 rg BT 551.01 187.95 Td (life ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 174.45 Td (sciences ) Tj ET Q q 0 0 0 rg BT 110.30 174.45 Td (and ) Tj ET Q q 0 0 0 rg BT 128.61 174.45 Td (IT) Tj ET Q q 0 0 0 rg BT 136.44 174.45 Td ( ) Tj ET Q q 0 0 0 rg BT 139.73 174.45 Td (expertise ) Tj ET Q q 0 0 0 rg BT 179.54 174.45 Td (in ) Tj ET Q q 0 0 0 rg BT 189.83 174.45 Td (digital ) Tj ET Q q 0 0 0 rg BT 216.63 174.45 Td (transformation ) Tj ET Q q 0 0 0 rg BT 277.45 174.45 Td (and ) Tj ET Q q 0 0 0 rg BT 295.75 174.45 Td (systems ) Tj ET Q q 0 0 0 rg BT 332.04 174.45 Td (integration, ) Tj ET Q q 0 0 0 rg BT 379.86 174.45 Td (headquartered ) Tj ET Q q 0 0 0 rg BT 441.70 174.45 Td (in ) Tj ET Q q 0 0 0 rg BT 451.99 174.45 Td (Cranford, ) Tj ET Q q 0 0 0 rg BT 492.79 174.45 Td (New ) Tj ET Q q 0 0 0 rg BT 514.09 174.45 Td (Jersey) Tj ET Q q 0 0 0 rg BT 539.93 174.45 Td (. ) Tj ET Q q 0 0 0 rg BT 545.50 174.45 Td (This ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 160.95 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 117.03 160.95 Td (adds ) Tj ET Q q 0 0 0 rg BT 139.04 160.95 Td (more ) Tj ET Q q 0 0 0 rg BT 162.05 160.95 Td (than ) Tj ET Q q 0 0 0 rg BT 182.07 160.95 Td (300 ) Tj ET Q q 0 0 0 rg BT 199.58 160.95 Td (professionals ) Tj ET Q q 0 0 0 rg BT 255.11 160.95 Td (and ) Tj ET Q q 0 0 0 rg BT 272.63 160.95 Td (annualized ) Tj ET Q q 0 0 0 rg BT 318.67 160.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 358.19 160.95 Td (of ) Tj ET Q q 0 0 0 rg BT 368.20 160.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 426.72 160.95 Td (US$54 ) Tj ET Q q 0 0 0 rg BT 456.74 160.95 Td (million ) Tj ET Q q 0 0 0 rg BT 484.75 160.95 Td (to ) Tj ET Q q 0 0 0 rg BT 494.75 160.95 Td (the ) Tj ET Q q 0 0 0 rg BT 509.77 160.95 Td (Company) Tj ET Q q 0 0 0 rg BT 547.62 160.95 Td (. ) Tj ET Q q 0 0 0 rg BT 552.62 160.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 141.45 Td (On ) Tj ET Q q 0 0 0 rg BT 88.40 141.45 Td (May ) Tj ET Q q 0 0 0 rg BT 109.80 141.45 Td (16, ) Tj ET Q q 0 0 0 rg BT 126.71 141.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 153.63 141.45 Td (the ) Tj ET Q q 0 0 0 rg BT 170.54 141.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 213.46 141.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 252.38 141.45 Td (all ) Tj ET Q q 0 0 0 rg BT 265.78 141.45 Td (of ) Tj ET Q q 0 0 0 rg BT 277.68 141.45 Td (the ) Tj ET Q q 0 0 0 rg BT 294.59 141.45 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 345.53 141.45 Td (shares ) Tj ET Q q 0 0 0 rg BT 376.94 141.45 Td (of ) Tj ET Q q 0 0 0 rg BT 388.84 141.45 Td (Facilit ) Tj ET Q q 0 0 0 rg BT 421.74 141.45 Td (Informatique ) Tj ET Q q 0 0 0 rg BT 476.17 141.45 Td (Canada ) Tj ET Q q 0 0 0 rg BT 512.09 141.45 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 531.00 141.45 Td (\(Facilit ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 127.95 Td (Informatique\) ) Tj ET Q q 0 0 0 rg BT 126.85 127.95 Td (for ) Tj ET Q q 0 0 0 rg BT 139.19 127.95 Td (a ) Tj ET Q q 0 0 0 rg BT 146.02 127.95 Td (purchase ) Tj ET Q q 0 0 0 rg BT 184.88 127.95 Td (price ) Tj ET Q q 0 0 0 rg BT 206.21 127.95 Td (of ) Tj ET Q q 0 0 0 rg BT 215.55 127.95 Td ($42.0 ) Tj ET Q q 0 0 0 rg BT 239.90 127.95 Td (million. ) Tj ET Q q 0 0 0 rg BT 269.74 127.95 Td (Facilit ) Tj ET Q q 0 0 0 rg BT 300.08 127.95 Td (Informatique ) Tj ET Q q 0 0 0 rg BT 351.93 127.95 Td (is ) Tj ET Q q 0 0 0 rg BT 360.26 127.95 Td (an ) Tj ET Q q 0 0 0 rg BT 372.10 127.95 Td (IT) Tj ET Q q 0 0 0 rg BT 379.94 127.95 Td ( ) Tj ET Q q 0 0 0 rg BT 381.77 127.95 Td (consulting ) Tj ET Q q 0 0 0 rg BT 424.13 127.95 Td (services ) Tj ET Q q 0 0 0 rg BT 458.96 127.95 Td (firm ) Tj ET Q q 0 0 0 rg BT 475.79 127.95 Td (in ) Tj ET Q q 0 0 0 rg BT 484.62 127.95 Td (high-demand ) Tj ET Q q 0 0 0 rg BT 538.99 127.95 Td (digital ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 114.45 Td (services ) Tj ET Q q 0 0 0 rg BT 106.48 114.45 Td (across ) Tj ET Q q 0 0 0 rg BT 134.46 114.45 Td (a ) Tj ET Q q 0 0 0 rg BT 140.93 114.45 Td (wide ) Tj ET Q q 0 0 0 rg BT 160.91 114.45 Td (range ) Tj ET Q q 0 0 0 rg BT 185.40 114.45 Td (of ) Tj ET Q q 0 0 0 rg BT 194.38 114.45 Td (industries ) Tj ET Q q 0 0 0 rg BT 234.36 114.45 Td (with ) Tj ET Q q 0 0 0 rg BT 251.84 114.45 Td (a ) Tj ET Q q 0 0 0 rg BT 258.31 114.45 Td (strong ) Tj ET Q q 0 0 0 rg BT 284.80 114.45 Td (local ) Tj ET Q q 0 0 0 rg BT 304.78 114.45 Td (presence ) Tj ET Q q 0 0 0 rg BT 343.27 114.45 Td (in ) Tj ET Q q 0 0 0 rg BT 351.75 114.45 Td (Montral ) Tj ET Q q 0 0 0 rg BT 388.23 114.45 Td (and ) Tj ET Q q 0 0 0 rg BT 404.72 114.45 Td (Qubec ) Tj ET Q q 0 0 0 rg BT 437.71 114.45 Td (City) Tj ET Q q 0 0 0 rg BT 452.54 114.45 Td (, ) Tj ET Q q 0 0 0 rg BT 456.51 114.45 Td (headquartered ) Tj ET Q q 0 0 0 rg BT 516.53 114.45 Td (in ) Tj ET Q q 0 0 0 rg BT 525.01 114.45 Td (Montral, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 100.95 Td (Qubec. ) Tj ET Q q 0 0 0 rg BT 109.06 100.95 Td (This ) Tj ET Q q 0 0 0 rg BT 129.30 100.95 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 175.08 100.95 Td (adds ) Tj ET Q q 0 0 0 rg BT 197.84 100.95 Td (more ) Tj ET Q q 0 0 0 rg BT 221.59 100.95 Td (than ) Tj ET Q q 0 0 0 rg BT 242.35 100.95 Td (350 ) Tj ET Q q 0 0 0 rg BT 260.61 100.95 Td (professionals ) Tj ET Q q 0 0 0 rg BT 316.88 100.95 Td (and ) Tj ET Q q 0 0 0 rg BT 335.14 100.95 Td (annualized ) Tj ET Q q 0 0 0 rg BT 381.93 100.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 422.20 100.95 Td (of ) Tj ET Q q 0 0 0 rg BT 432.95 100.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 492.22 100.95 Td ($60 ) Tj ET Q q 0 0 0 rg BT 510.48 100.95 Td (million ) Tj ET Q q 0 0 0 rg BT 539.23 100.95 Td (to ) Tj ET Q q 0 0 0 rg BT 549.98 100.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 87.45 Td (Company) Tj ET Q q 0 0 0 rg BT 109.85 87.45 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 67.95 Td (These ) Tj ET Q q 0 0 0 rg BT 99.75 67.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 149.51 67.95 Td (were ) Tj ET Q q 0 0 0 rg BT 171.76 67.95 Td (made ) Tj ET Q q 0 0 0 rg BT 197.01 67.95 Td (to ) Tj ET Q q 0 0 0 rg BT 207.25 67.95 Td (complement ) Tj ET Q q 0 0 0 rg BT 259.00 67.95 Td (the ) Tj ET Q q 0 0 0 rg BT 274.25 67.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 321.73 67.95 Td (proximity ) Tj ET Q q 0 0 0 rg BT 360.47 67.95 Td (model ) Tj ET Q q 0 0 0 rg BT 387.71 67.95 Td (and ) Tj ET Q q 0 0 0 rg BT 405.47 67.95 Td (further ) Tj ET Q q 0 0 0 rg BT 434.21 67.95 Td (strengthen ) Tj ET Q q 0 0 0 rg BT 479.48 67.95 Td (its ) Tj ET Q q 0 0 0 rg BT 491.22 67.95 Td (global ) Tj ET Q q 0 0 0 rg BT 517.97 67.95 Td (capabilities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 54.45 Td (across ) Tj ET Q q 0 0 0 rg BT 101.01 54.45 Td (several ) Tj ET Q q 0 0 0 rg BT 132.52 54.45 Td (in-demand ) Tj ET Q q 0 0 0 rg BT 177.55 54.45 Td (digital ) Tj ET Q q 0 0 0 rg BT 203.56 54.45 Td (transformation ) Tj ET Q q 0 0 0 rg BT 263.59 54.45 Td (areas. ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (14) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td (3. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Financial Review) Tj ET Q BT /F3 12.00 Tf ET q 0 0 0 rg BT 168.70 706.80 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 696.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 692.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 142.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 692.3 m 228.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 692.3 m 337.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 692.3 m 475.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 692.3 m 561.5 692.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 57.5 688.3 l s BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 666.30 Td (3.1. ) Tj ET Q q 0 0 0 rg BT 91.01 666.30 Td (BOOKINGS ) Tj ET Q q 0 0 0 rg BT 142.18 666.30 Td (AND ) Tj ET Q q 0 0 0 rg BT 164.18 666.30 Td (BOOK-T) Tj ET Q q 0 0 0 rg BT 199.51 666.30 Td (O-BILL) Tj ET Q q 0 0 0 rg BT 229.34 666.30 Td ( ) Tj ET Q q 0 0 0 rg BT 231.84 666.30 Td (RA) Tj ET Q q 0 0 0 rg BT 244.17 666.30 Td (TIO) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 646.80 Td (Bookings ) Tj ET Q q 0 0 0 rg BT 112.00 646.80 Td (for ) Tj ET Q q 0 0 0 rg BT 125.48 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 140.97 646.80 Td (quarter ) Tj ET Q q 0 0 0 rg BT 172.46 646.80 Td (were ) Tj ET Q q 0 0 0 rg BT 194.94 646.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.95 646.80 Td (3.5 ) Tj ET Q q 0 0 0 rg BT 215.44 646.80 Td (billion) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.45 646.80 Td ( ) Tj ET Q q 0 0 0 rg BT 241.43 646.80 Td (representing ) Tj ET Q q 0 0 0 rg BT 294.44 646.80 Td (a ) Tj ET Q q 0 0 0 rg BT 302.42 646.80 Td (book-to-bill ) Tj ET Q q 0 0 0 rg BT 349.42 646.80 Td (ratio ) Tj ET Q q 0 0 0 rg BT 369.90 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 380.38 646.80 Td (1) Tj ET Q q 0 0 0 rg BT 384.72 646.80 Td (18.0%. ) Tj ET Q q 0 0 0 rg BT 415.52 646.80 Td (The ) Tj ET Q q 0 0 0 rg BT 434.01 646.80 Td (breakdown ) Tj ET Q q 0 0 0 rg BT 481.01 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 491.49 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 506.98 646.80 Td (new ) Tj ET Q q 0 0 0 rg BT 526.47 646.80 Td (bookings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 633.30 Td (signed ) Tj ET Q q 0 0 0 rg BT 101.02 633.30 Td (during ) Tj ET Q q 0 0 0 rg BT 128.54 633.30 Td (the ) Tj ET Q q 0 0 0 rg BT 143.55 633.30 Td (quarter ) Tj ET Q q 0 0 0 rg BT 174.57 633.30 Td (is ) Tj ET Q q 0 0 0 rg BT 183.57 633.30 Td (as ) Tj ET Q q 0 0 0 rg BT 195.57 633.30 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 73.75 512.8 m 88.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 88.75 512.8 m 170.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.75 512.8 m 194.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.75 512.8 m 215.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.75 512.8 m 297.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 512.8 m 321.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.75 512.8 m 344.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 512.8 m 411.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.75 512.8 m 432.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.75 512.8 m 453.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.75 512.8 m 535.75 512.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 535.75 512.8 m 559.75 512.8 l s BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F2 7.00 Tf ET q 0 0 0 rg BT 105.95 504.80 Td (Contract T) Tj ET Q q 0 0 0 rg BT 140.69 504.80 Td (ype) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 234.90 504.80 Td (Service T) Tj ET Q q 0 0 0 rg BT 265.77 504.80 Td (ype) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 362.95 504.80 Td (Segment) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 469.50 504.80 Td (V) Tj ET Q q 0 0 0 rg BT 473.78 504.80 Td (ertical Market) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 76.25 488.20 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 91.25 488.20 Td (New business) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 180.20 488.20 Td (57) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 188.00 488.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 202.25 488.20 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 218.25 488.20 Td (Management of IT) Tj ET Q q 0 0 0 rg BT 274.99 488.20 Td ( and) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 218.25 478.45 Td (business functions) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 305.10 488.20 Td (55) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 315.00 488.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 488.20 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 488.20 Td (U.S. Commercial) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 481.20 Td (and State) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 474.20 Td (Government) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 488.20 Td (21) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 488.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 440.25 488.20 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 488.20 Td (Government) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 545.20 488.20 Td (48) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 553.00 488.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 76.25 464.20 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 91.25 464.20 Td (Extensions and) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 180.20 464.20 Td (43) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 188.00 464.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 202.25 464.20 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 218.25 464.20 Td (System integration and) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 302.20 464.20 Td (45%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 464.20 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 464.20 Td (U.S. Federal) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 464.20 Td (17) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 464.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 440.25 464.20 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 464.20 Td (MRD) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 545.20 464.20 Td (18) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 553.00 464.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 91.25 454.20 Td (renewals) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 218.25 454.20 Td (consulting) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 454.20 Td (C.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 454.20 Td (Northern Europe) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 454.20 Td (15) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 454.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 440.25 454.20 Td (C.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 454.20 Td (Communications) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 545.20 454.20 Td (17) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 553.00 454.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 444.20 Td (D.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 444.20 Td (Canada) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 444.20 Td (13) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 444.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 444.20 Td (& utilities) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 434.20 Td (E.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 434.20 Td (France) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 434.20 Td (12) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 434.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 440.25 434.20 Td (D.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 434.20 Td (Financial Services) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 545.20 434.20 Td (14) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 553.00 434.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 424.20 Td (F) Tj ET Q q 0 0 0 rg BT 333.14 424.20 Td (.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 424.20 Td (ECS) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 424.20 Td (1) Tj ET Q q 0 0 0 rg BT 422.09 424.20 Td (1) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 424.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 440.25 424.20 Td (E.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 456.25 424.20 Td (Health) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 549.10 424.20 Td (3) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 553.00 424.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 414.20 Td (G.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 414.20 Td (U.K.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 418.20 414.20 Td (1) Tj ET Q q 0 0 0 rg BT 422.09 414.20 Td (1) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 414.20 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 329.25 404.20 Td (H.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 347.25 404.20 Td (Asia Pacific) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.00 404.20 Td () Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 426.00 404.20 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 380.40 Td (Information ) Tj ET Q q 0 0 0 rg BT 119.18 380.40 Td (regarding ) Tj ET Q q 0 0 0 rg BT 159.36 380.40 Td (our ) Tj ET Q q 0 0 0 rg BT 174.52 380.40 Td (bookings ) Tj ET Q q 0 0 0 rg BT 212.70 380.40 Td (is ) Tj ET Q q 0 0 0 rg BT 221.36 380.40 Td (a ) Tj ET Q q 0 0 0 rg BT 228.52 380.40 Td (key ) Tj ET Q q 0 0 0 rg BT 244.68 380.40 Td (indicator ) Tj ET Q q 0 0 0 rg BT 280.85 380.40 Td (of ) Tj ET Q q 0 0 0 rg BT 290.51 380.40 Td (the ) Tj ET Q q 0 0 0 rg BT 305.18 380.40 Td (volume ) Tj ET Q q 0 0 0 rg BT 336.34 380.40 Td (of ) Tj ET Q q 0 0 0 rg BT 346.00 380.40 Td (our ) Tj ET Q q 0 0 0 rg BT 361.17 380.40 Td (business ) Tj ET Q q 0 0 0 rg BT 398.84 380.40 Td (over ) Tj ET Q q 0 0 0 rg BT 418.50 380.40 Td (time. ) Tj ET Q q 0 0 0 rg BT 440.16 380.40 Td (However) Tj ET Q q 0 0 0 rg BT 475.18 380.40 Td (, ) Tj ET Q q 0 0 0 rg BT 479.83 380.40 Td (due ) Tj ET Q q 0 0 0 rg BT 497.00 380.40 Td (to ) Tj ET Q q 0 0 0 rg BT 506.66 380.40 Td (the ) Tj ET Q q 0 0 0 rg BT 521.33 380.40 Td (timing ) Tj ET Q q 0 0 0 rg BT 547.49 380.40 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 366.90 Td (transition ) Tj ET Q q 0 0 0 rg BT 111.63 366.90 Td (period ) Tj ET Q q 0 0 0 rg BT 139.77 366.90 Td (associated ) Tj ET Q q 0 0 0 rg BT 185.91 366.90 Td (with ) Tj ET Q q 0 0 0 rg BT 205.03 366.90 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 254.68 366.90 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 296.81 366.90 Td (the ) Tj ET Q q 0 0 0 rg BT 312.43 366.90 Td (realization ) Tj ET Q q 0 0 0 rg BT 356.57 366.90 Td (of ) Tj ET Q q 0 0 0 rg BT 367.19 366.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 402.83 366.90 Td (related ) Tj ET Q q 0 0 0 rg BT 433.47 366.90 Td (to ) Tj ET Q q 0 0 0 rg BT 444.09 366.90 Td (these ) Tj ET Q q 0 0 0 rg BT 469.22 366.90 Td (bookings ) Tj ET Q q 0 0 0 rg BT 508.36 366.90 Td (may ) Tj ET Q q 0 0 0 rg BT 528.48 366.90 Td (fluctuate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 353.40 Td (from ) Tj ET Q q 0 0 0 rg BT 92.86 353.40 Td (period ) Tj ET Q q 0 0 0 rg BT 120.73 353.40 Td (to ) Tj ET Q q 0 0 0 rg BT 131.09 353.40 Td (period. ) Tj ET Q q 0 0 0 rg BT 161.28 353.40 Td (The ) Tj ET Q q 0 0 0 rg BT 179.65 353.40 Td (values ) Tj ET Q q 0 0 0 rg BT 208.52 353.40 Td (initially ) Tj ET Q q 0 0 0 rg BT 238.39 353.40 Td (booked ) Tj ET Q q 0 0 0 rg BT 270.77 353.40 Td (may ) Tj ET Q q 0 0 0 rg BT 290.63 353.40 Td (change ) Tj ET Q q 0 0 0 rg BT 323.02 353.40 Td (over ) Tj ET Q q 0 0 0 rg BT 343.38 353.40 Td (time ) Tj ET Q q 0 0 0 rg BT 363.24 353.40 Td (due ) Tj ET Q q 0 0 0 rg BT 381.11 353.40 Td (to ) Tj ET Q q 0 0 0 rg BT 391.48 353.40 Td (their ) Tj ET Q q 0 0 0 rg BT 411.84 353.40 Td (variable ) Tj ET Q q 0 0 0 rg BT 446.21 353.40 Td (attributes, ) Tj ET Q q 0 0 0 rg BT 488.59 353.40 Td (including ) Tj ET Q q 0 0 0 rg BT 526.97 353.40 Td (demand-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 339.90 Td (driven ) Tj ET Q q 0 0 0 rg BT 100.21 339.90 Td (usage, ) Tj ET Q q 0 0 0 rg BT 130.93 339.90 Td (modifications ) Tj ET Q q 0 0 0 rg BT 187.15 339.90 Td (in ) Tj ET Q q 0 0 0 rg BT 197.86 339.90 Td (the ) Tj ET Q q 0 0 0 rg BT 214.07 339.90 Td (scope ) Tj ET Q q 0 0 0 rg BT 241.78 339.90 Td (of ) Tj ET Q q 0 0 0 rg BT 252.98 339.90 Td (work ) Tj ET Q q 0 0 0 rg BT 275.68 339.90 Td (to ) Tj ET Q q 0 0 0 rg BT 286.89 339.90 Td (be ) Tj ET Q q 0 0 0 rg BT 300.60 339.90 Td (performed ) Tj ET Q q 0 0 0 rg BT 345.31 339.90 Td (caused ) Tj ET Q q 0 0 0 rg BT 378.03 339.90 Td (by ) Tj ET Q q 0 0 0 rg BT 391.24 339.90 Td (changes ) Tj ET Q q 0 0 0 rg BT 428.96 339.90 Td (in ) Tj ET Q q 0 0 0 rg BT 439.67 339.90 Td (client ) Tj ET Q q 0 0 0 rg BT 464.37 339.90 Td (requirements ) Tj ET Q q 0 0 0 rg BT 520.60 339.90 Td (as ) Tj ET Q q 0 0 0 rg BT 533.80 339.90 Td (well ) Tj ET Q q 0 0 0 rg BT 553.00 339.90 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 326.40 Td (termination ) Tj ET Q q 0 0 0 rg BT 119.09 326.40 Td (clauses ) Tj ET Q q 0 0 0 rg BT 152.17 326.40 Td (at ) Tj ET Q q 0 0 0 rg BT 162.24 326.40 Td (the ) Tj ET Q q 0 0 0 rg BT 177.32 326.40 Td (option ) Tj ET Q q 0 0 0 rg BT 204.40 326.40 Td (of ) Tj ET Q q 0 0 0 rg BT 214.47 326.40 Td (the ) Tj ET Q q 0 0 0 rg BT 229.55 326.40 Td (client. ) Tj ET Q q 0 0 0 rg BT 255.12 326.40 Td (As ) Tj ET Q q 0 0 0 rg BT 268.19 326.40 Td (such, ) Tj ET Q q 0 0 0 rg BT 292.26 326.40 Td (information ) Tj ET Q q 0 0 0 rg BT 339.35 326.40 Td (regarding ) Tj ET Q q 0 0 0 rg BT 379.94 326.40 Td (our ) Tj ET Q q 0 0 0 rg BT 395.51 326.40 Td (bookings ) Tj ET Q q 0 0 0 rg BT 434.10 326.40 Td (is ) Tj ET Q q 0 0 0 rg BT 443.17 326.40 Td (not ) Tj ET Q q 0 0 0 rg BT 458.25 326.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 507.84 326.40 Td (to, ) Tj ET Q q 0 0 0 rg BT 520.41 326.40 Td (nor ) Tj ET Q q 0 0 0 rg BT 535.98 326.40 Td (should ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 312.90 Td (it ) Tj ET Q q 0 0 0 rg BT 79.44 312.90 Td (be ) Tj ET Q q 0 0 0 rg BT 92.38 312.90 Td (substituted ) Tj ET Q q 0 0 0 rg BT 138.85 312.90 Td (for) Tj ET Q q 0 0 0 rg BT 148.85 312.90 Td (, ) Tj ET Q q 0 0 0 rg BT 154.29 312.90 Td (an ) Tj ET Q q 0 0 0 rg BT 167.24 312.90 Td (analysis ) Tj ET Q q 0 0 0 rg BT 202.69 312.90 Td (of ) Tj ET Q q 0 0 0 rg BT 213.13 312.90 Td (our ) Tj ET Q q 0 0 0 rg BT 229.08 312.90 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 267.04 312.90 Td (Management ) Tj ET Q q 0 0 0 rg BT 322.51 312.90 Td (however ) Tj ET Q q 0 0 0 rg BT 359.46 312.90 Td (believes ) Tj ET Q q 0 0 0 rg BT 395.42 312.90 Td (that ) Tj ET Q q 0 0 0 rg BT 413.37 312.90 Td (it ) Tj ET Q q 0 0 0 rg BT 420.80 312.90 Td (is ) Tj ET Q q 0 0 0 rg BT 430.24 312.90 Td (a ) Tj ET Q q 0 0 0 rg BT 438.18 312.90 Td (key ) Tj ET Q q 0 0 0 rg BT 455.12 312.90 Td (indicator ) Tj ET Q q 0 0 0 rg BT 492.08 312.90 Td (of ) Tj ET Q q 0 0 0 rg BT 502.52 312.90 Td (potential ) Tj ET Q q 0 0 0 rg BT 539.48 312.90 Td (future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 299.40 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 109.52 299.40 Td (For ) Tj ET Q q 0 0 0 rg BT 125.53 299.40 Td (the ) Tj ET Q q 0 0 0 rg BT 140.54 299.40 Td (trailing ) Tj ET Q q 0 0 0 rg BT 169.55 299.40 Td (twelve-month ) Tj ET Q q 0 0 0 rg BT 225.57 299.40 Td (period ) Tj ET Q q 0 0 0 rg BT 253.09 299.40 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.62 299.40 Td (June30, ) Tj ET Q q 0 0 0 rg BT 317.65 299.40 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.67 299.40 Td (, ) Tj ET Q q 0 0 0 rg BT 342.67 299.40 Td (our ) Tj ET Q q 0 0 0 rg BT 358.18 299.40 Td (book-to-bill ) Tj ET Q q 0 0 0 rg BT 404.70 299.40 Td (ratio ) Tj ET Q q 0 0 0 rg BT 424.71 299.40 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.21 299.40 Td (1) Tj ET Q q 0 0 0 rg BT 447.55 299.40 Td (13.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.07 299.40 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 279.90 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 279.90 Td (following ) Tj ET Q q 0 0 0 rg BT 127.53 279.90 Td (table ) Tj ET Q q 0 0 0 rg BT 149.55 279.90 Td (provides ) Tj ET Q q 0 0 0 rg BT 186.06 279.90 Td (a ) Tj ET Q q 0 0 0 rg BT 193.57 279.90 Td (summary ) Tj ET Q q 0 0 0 rg BT 233.07 279.90 Td (of ) Tj ET Q q 0 0 0 rg BT 243.08 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 258.09 279.90 Td (bookings ) Tj ET Q q 0 0 0 rg BT 296.62 279.90 Td (and ) Tj ET Q q 0 0 0 rg BT 314.13 279.90 Td (book-to-bill ) Tj ET Q q 0 0 0 rg BT 360.65 279.90 Td (ratio ) Tj ET Q q 0 0 0 rg BT 380.66 279.90 Td (by ) Tj ET Q q 0 0 0 rg BT 392.67 279.90 Td (segment:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 71.75 263.40 175.00 -28.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 246.75 263.40 105.00 -28.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 351.75 263.40 105.00 -28.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 456.75 263.40 105.00 -28.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 71.75 235.40 175.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 246.75 235.40 105.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 351.75 235.40 105.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 456.75 235.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 222.40 105.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 222.40 105.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 222.40 105.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 218.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 218.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 218.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 205.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 205.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 205.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 192.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 192.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 192.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 179.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 179.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 179.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 166.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 166.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 166.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 153.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 153.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 153.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 140.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 140.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 140.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 246.75 127.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 351.75 127.40 105.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 456.75 127.40 105.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.75 263.4 m 246.75 263.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 246.75 263.4 m 351.75 263.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.75 263.4 m 456.75 263.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.75 263.4 m 561.75 263.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.75 114.39999999999998 m 246.75 114.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 246.75 114.39999999999998 m 351.75 114.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.75 114.39999999999998 m 456.75 114.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.75 114.39999999999998 m 561.75 114.39999999999998 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 74.25 247.60 Td (In thousands of CAD except for percentages) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 278.65 255.08 Td (Bookings for the) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 291.55 247.08 Td (three months) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 264.40 239.08 Td (ended June 30, 2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 383.65 255.08 Td (Bookings for the) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 362.75 247.08 Td (trailing twelve months) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 369.40 239.08 Td (ended June 30, 2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 461.10 255.08 Td (Book-to-bill ratio for the) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 467.75 247.08 Td (trailing twelve months) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 474.40 239.08 Td (ended June 30, 2018) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 80.25 226.63 Td (T) Tj ET Q q 0 0 0 rg BT 84.84 226.63 Td (otal CGI) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.95 226.68 Td (3,470,174) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.50 226.68 Td (12,872,219) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 226.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.50 226.68 Td (13.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 226.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 209.63 Td (Northern Europe) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 209.68 Td (535,164) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 209.68 Td (2,147,173) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 209.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.50 209.68 Td (16.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 209.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 196.63 Td (Canada) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 196.68 Td (465,979) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 196.68 Td (1,609,534) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.50 196.68 Td (89.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 196.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 183.63 Td (France) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 183.68 Td (410,073) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 183.68 Td (1,736,495) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 183.68 Td (101.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 183.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 170.63 Td (U.S. Commercial and State Government) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 170.68 Td (728,434) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 170.68 Td (1,937,355) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 170.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.50 170.68 Td (13.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 170.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 157.63 Td (U.S. Federal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 157.68 Td (583,717) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 157.68 Td (2,322,195) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 157.68 Td (155.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 157.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 144.63 Td (U.K.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 144.68 Td (367,442) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 144.68 Td (1,622,684) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 144.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.50 144.68 Td (17.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 144.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 131.63 Td (ECS) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.60 131.68 Td (367,866) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 131.68 Td (1,416,419) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.05 131.68 Td (1) Tj ET Q q 0 0 0 rg BT 532.50 131.68 Td (14.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 131.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.25 118.63 Td (Asia Pacific) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.05 118.68 Td (1) Tj ET Q q 0 0 0 rg BT 322.50 118.68 Td (1,499) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.00 118.63 Td (80,364) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.50 118.68 Td (60.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.10 118.63 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 104.00 0 0 92.00 446.25 517.47 cm /I3 Do Q /GS0 gs q 94.00 0 0 93.00 334.75 517.47 cm /I4 Do Q /GS0 gs q 104.00 0 0 92.00 84.25 517.47 cm /I5 Do Q /GS0 gs q 102.00 0 0 95.00 211.75 517.47 cm /I6 Do Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (15) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.2. ) Tj ET Q q 0 0 0 rg BT 91.01 708.95 Td (FOREIGN ) Tj ET Q q 0 0 0 rg BT 134.51 708.95 Td (EXCHANGE) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (The ) Tj ET Q q 0 0 0 rg BT 89.67 689.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 130.34 689.45 Td (operates ) Tj ET Q q 0 0 0 rg BT 167.53 689.45 Td (globally ) Tj ET Q q 0 0 0 rg BT 200.21 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 217.38 689.45 Td (is ) Tj ET Q q 0 0 0 rg BT 226.04 689.45 Td (exposed ) Tj ET Q q 0 0 0 rg BT 262.22 689.45 Td (to ) Tj ET Q q 0 0 0 rg BT 271.89 689.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 308.07 689.45 Td (in ) Tj ET Q q 0 0 0 rg BT 317.24 689.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 346.92 689.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 383.58 689.45 Td (rates. ) Tj ET Q q 0 0 0 rg BT 407.82 689.45 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 453.68 689.45 Td (, ) Tj ET Q q 0 0 0 rg BT 458.33 689.45 Td (as ) Tj ET Q q 0 0 0 rg BT 470.00 689.45 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 514.18 689.45 Td (by ) Tj ET Q q 0 0 0 rg BT 525.84 689.45 Td (IFRS, ) Tj ET Q q 0 0 0 rg BT 551.00 689.45 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (value ) Tj ET Q q 0 0 0 rg BT 95.92 675.95 Td (assets, ) Tj ET Q q 0 0 0 rg BT 126.84 675.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 163.26 675.95 Td (and ) Tj ET Q q 0 0 0 rg BT 180.69 675.95 Td (transactions ) Tj ET Q q 0 0 0 rg BT 231.62 675.95 Td (that ) Tj ET Q q 0 0 0 rg BT 249.04 675.95 Td (are ) Tj ET Q q 0 0 0 rg BT 264.46 675.95 Td (measured ) Tj ET Q q 0 0 0 rg BT 306.88 675.95 Td (in ) Tj ET Q q 0 0 0 rg BT 316.30 675.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 346.22 675.95 Td (currencies ) Tj ET Q q 0 0 0 rg BT 390.15 675.95 Td (using ) Tj ET Q q 0 0 0 rg BT 414.07 675.95 Td (various ) Tj ET Q q 0 0 0 rg BT 445.49 675.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 486.93 675.95 Td (rates. ) Tj ET Q q 0 0 0 rg BT 511.85 675.95 Td (W) Tj ET Q q 0 0 0 rg BT 520.18 675.95 Td (e ) Tj ET Q q 0 0 0 rg BT 527.59 675.95 Td (report ) Tj ET Q q 0 0 0 rg BT 553.51 675.95 Td (all ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (dollar ) Tj ET Q q 0 0 0 rg BT 96.51 662.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 133.53 662.45 Td (in ) Tj ET Q q 0 0 0 rg BT 143.04 662.45 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 184.07 662.45 Td (dollars.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 73.50 637.65 Td (Closing ) Tj ET Q q 0 0 0 rg BT 106.02 637.65 Td (foreign ) Tj ET Q q 0 0 0 rg BT 136.03 637.65 Td (exchange ) Tj ET Q q 0 0 0 rg BT 177.57 637.65 Td (rates) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 627.15 292.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 364.50 627.15 66.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 430.50 627.15 66.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 496.50 627.15 66.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 601.15 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 588.15 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 575.15 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 562.15 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 549.15 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 536.15 66.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 627.15 m 364.5 627.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 627.15 m 430.5 627.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 430.5 627.15 m 496.5 627.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 496.5 627.15 m 562.5 627.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 523.15 m 364.5 523.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 523.15 m 430.5 523.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 430.5 523.15 m 496.5 523.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 496.5 523.15 m 562.5 523.15 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 612.13 Td (As at June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 409.20 612.13 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 475.20 612.13 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 612.13 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 592.38 Td (U.S. dollar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 592.43 Td (1.3144) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 592.43 Td (1.2987) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 592.38 Td (1.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 592.38 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 579.38 Td (Euro) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 579.43 Td (1.5350) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 579.43 Td (1.4820) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 579.38 Td (3.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 579.38 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 566.38 Td (Indian rupee) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 566.43 Td (0.0192) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 566.43 Td (0.0201) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 566.38 Td (\(4.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 566.38 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 553.38 Td (British pound) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 553.43 Td (1.7345) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 553.43 Td (1.6875) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 553.38 Td (2.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 553.38 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 540.38 Td (Swedish krona) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 540.43 Td (0.1469) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 540.43 Td (0.1539) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 540.38 Td (\(4.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 540.38 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 527.38 Td (Australian dollar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 527.43 Td (0.9726) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 527.43 Td (0.9967) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 527.38 Td (\(2.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 527.38 Td (%\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.00 Tf ET q 0 0 0 rg BT 73.50 498.85 Td (A) Tj ET Q q 0 0 0 rg BT 79.34 498.85 Td (verage foreign exchange rates) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 488.35 94.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 166.50 488.35 198.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 364.50 488.35 198.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 475.35 94.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 166.50 475.35 66.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 232.50 475.35 66.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 298.50 475.35 66.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 364.50 475.35 66.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 430.50 475.35 66.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 496.50 475.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 462.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 462.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 449.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 449.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 436.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 436.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 423.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 423.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 410.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 410.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 166.50 397.35 66.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 364.50 397.35 66.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 488.35 m 166.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 166.5 488.35 m 232.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 232.5 488.35 m 298.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298.5 488.35 m 364.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 488.35 m 430.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 430.5 488.35 m 496.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 496.5 488.35 m 562.5 488.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 384.35 m 166.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 166.5 384.35 m 232.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 232.5 384.35 m 298.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298.5 384.35 m 364.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 384.35 m 430.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 430.5 384.35 m 496.5 384.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 496.5 384.35 m 562.5 384.35 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 214.95 479.58 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 479.58 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 211.20 466.58 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 277.20 466.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 325.65 466.58 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 409.20 466.58 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 475.20 466.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 466.58 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 453.58 Td (U.S. dollar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 453.58 Td (1.2905) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 453.58 Td (1.3450) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.40 453.58 Td (\(4.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 453.58 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 453.63 Td (1.2758) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 453.63 Td (1.3343) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 453.58 Td (\(4.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 453.58 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 440.58 Td (Euro) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 440.58 Td (1.5377) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 440.58 Td (1.4813) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.05 440.58 Td (3.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 440.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 440.63 Td (1.5303) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 440.63 Td (1.4439) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 440.58 Td (6.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 440.58 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 427.58 Td (Indian rupee) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 427.58 Td (0.0193) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 427.58 Td (0.0209) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.40 427.58 Td (\(7.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 427.58 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 427.63 Td (0.0195) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 427.63 Td (0.0202) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 427.58 Td (\(3.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 427.58 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 414.58 Td (British pound) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 414.58 Td (1.7559) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 414.58 Td (1.7216) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.05 414.58 Td (2.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 414.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 414.63 Td (1.7351) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 414.63 Td (1.6734) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 414.58 Td (3.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 414.58 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 401.58 Td (Swedish krona) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 401.58 Td (0.1488) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 401.58 Td (0.1529) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.40 401.58 Td (\(2.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 401.58 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 401.63 Td (0.1526) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 401.63 Td (0.1496) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 401.58 Td (2.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 401.58 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 388.58 Td (Australian dollar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.80 388.58 Td (0.9767) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 270.75 388.58 Td (1.0099) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.40 388.58 Td (\(3.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 388.58 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 388.63 Td (0.9829) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.80 388.63 Td (1.0052) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 388.58 Td (\(2.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 388.58 Td (%\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (16) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.3. REVENUE DISTRIBUTION) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 73.50 689.45 Td (The following charts provide additional information regarding our revenue mix for the quarter:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 73 559.95 m 92 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 92 559.95 m 112 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 112 559.95 m 217 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217 559.95 m 238 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238 559.95 m 259 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264 559.95 m 283 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283 559.95 m 391 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 559.95 m 412 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 559.95 m 436 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 559.95 m 539 559.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 539 559.95 m 562 559.95 l s BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F2 7.00 Tf ET q 0 0 0 rg BT 144.15 551.95 Td (Service T) Tj ET Q q 0 0 0 rg BT 175.02 551.95 Td (ype) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 308.30 551.95 Td (Client Geography) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 464.25 551.95 Td (V) Tj ET Q q 0 0 0 rg BT 468.53 551.95 Td (ertical Market) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 75.50 535.35 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 94.50 535.35 Td (System integration and consulting) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 240.50 535.35 Td (53%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 535.35 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 535.35 Td (U.S.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 397.45 535.35 Td (28) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 535.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.50 535.35 Td (A.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 438.50 535.35 Td (Government) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 547.45 535.35 Td (32) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 555.25 535.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 75.50 525.35 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 94.50 525.35 Td (Management of IT) Tj ET Q q 0 0 0 rg BT 151.24 525.35 Td ( and business functions) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 240.50 525.35 Td (47%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 525.35 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 525.35 Td (Canada) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 397.45 525.35 Td (16) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 525.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.50 525.35 Td (B.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 438.50 525.35 Td (MRD) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 547.45 525.35 Td (25) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 555.25 525.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 515.35 Td (C.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 515.35 Td (France) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 397.45 515.35 Td (15) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 515.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.50 515.35 Td (C.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 438.50 515.35 Td (Financial services) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 547.45 515.35 Td (22) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 555.25 515.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 505.35 Td (D.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 505.35 Td (U.K.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 397.45 505.35 Td (13) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 505.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.50 505.35 Td (D.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 438.50 505.35 Td (Communications & utilities) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 547.45 505.35 Td (14) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 555.25 505.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 495.35 Td (E.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 495.35 Td (Sweden) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 401.30 495.35 Td (7) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 495.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 419.50 495.35 Td (E.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 438.50 495.35 Td (Health) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 551.35 495.35 Td (7) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 555.25 495.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 485.35 Td (F) Tj ET Q q 0 0 0 rg BT 270.39 485.35 Td (.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 485.35 Td (Finland) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 401.30 485.35 Td (7) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 485.35 Td (%) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 266.50 475.35 Td (G.) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 285.50 475.35 Td (Rest of the world) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 397.45 475.35 Td (14) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 405.25 475.35 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 107.00 0 0 97.00 435.50 564.62 cm /I7 Do Q /GS0 gs q 2.00 0 0 1.98 414.50 576.62 cm /I8 Do Q /GS0 gs q 103.00 0 0 95.00 286.00 564.62 cm /I9 Do Q /GS0 gs q 117.00 0 0 101.00 107.00 564.62 cm /I10 Do Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 444.95 Td (3.3.1. ) Tj ET Q q 0 0 0 rg BT 98.52 444.95 Td (Client ) Tj ET Q q 0 0 0 rg BT 126.02 444.95 Td (Concentration) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 425.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 94.74 425.45 Td (guidance ) Tj ET Q q 0 0 0 rg BT 133.51 425.45 Td (on ) Tj ET Q q 0 0 0 rg BT 145.75 425.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 182.51 425.45 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 229.76 425.45 Td (defines ) Tj ET Q q 0 0 0 rg BT 261.02 425.45 Td (a ) Tj ET Q q 0 0 0 rg BT 268.26 425.45 Td (single ) Tj ET Q q 0 0 0 rg BT 294.02 425.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 333.26 425.45 Td (as ) Tj ET Q q 0 0 0 rg BT 345.01 425.45 Td (a ) Tj ET Q q 0 0 0 rg BT 352.25 425.45 Td (group ) Tj ET Q q 0 0 0 rg BT 377.50 425.45 Td (of ) Tj ET Q q 0 0 0 rg BT 387.25 425.45 Td (entities ) Tj ET Q q 0 0 0 rg BT 418.00 425.45 Td (that ) Tj ET Q q 0 0 0 rg BT 435.25 425.45 Td (are ) Tj ET Q q 0 0 0 rg BT 450.49 425.45 Td (known ) Tj ET Q q 0 0 0 rg BT 478.74 425.45 Td (to ) Tj ET Q q 0 0 0 rg BT 488.49 425.45 Td (the ) Tj ET Q q 0 0 0 rg BT 503.24 425.45 Td (reporting ) Tj ET Q q 0 0 0 rg BT 540.99 425.45 Td (entity ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 411.95 Td (to ) Tj ET Q q 0 0 0 rg BT 82.72 411.95 Td (be ) Tj ET Q q 0 0 0 rg BT 95.95 411.95 Td (under ) Tj ET Q q 0 0 0 rg BT 122.18 411.95 Td (common ) Tj ET Q q 0 0 0 rg BT 159.91 411.95 Td (control. ) Tj ET Q q 0 0 0 rg BT 192.00 411.95 Td (As ) Tj ET Q q 0 0 0 rg BT 205.72 411.95 Td (a ) Tj ET Q q 0 0 0 rg BT 213.94 411.95 Td (consequence, ) Tj ET Q q 0 0 0 rg BT 273.20 411.95 Td (our ) Tj ET Q q 0 0 0 rg BT 289.42 411.95 Td (work ) Tj ET Q q 0 0 0 rg BT 311.64 411.95 Td (for ) Tj ET Q q 0 0 0 rg BT 325.36 411.95 Td (the ) Tj ET Q q 0 0 0 rg BT 341.09 411.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 361.81 411.95 Td (federal ) Tj ET Q q 0 0 0 rg BT 392.54 411.95 Td (government ) Tj ET Q q 0 0 0 rg BT 443.28 411.95 Td (including ) Tj ET Q q 0 0 0 rg BT 482.02 411.95 Td (its ) Tj ET Q q 0 0 0 rg BT 494.24 411.95 Td (various ) Tj ET Q q 0 0 0 rg BT 526.47 411.95 Td (agencies ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 398.45 Td (represented ) Tj ET Q q 0 0 0 rg BT 122.53 398.45 Td (12.2% ) Tj ET Q q 0 0 0 rg BT 150.55 398.45 Td (of ) Tj ET Q q 0 0 0 rg BT 160.56 398.45 Td (our ) Tj ET Q q 0 0 0 rg BT 176.07 398.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 211.09 398.45 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 224.09 398.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.10 398.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.60 398.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.62 398.45 Td ( ) Tj ET Q q 0 0 0 rg BT 261.12 398.45 Td (as ) Tj ET Q q 0 0 0 rg BT 273.13 398.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 315.65 398.45 Td (to ) Tj ET Q q 0 0 0 rg BT 325.66 398.45 Td (14.6% ) Tj ET Q q 0 0 0 rg BT 353.68 398.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.18 398.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.19 398.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.69 398.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.71 398.45 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 378.95 Td (For ) Tj ET Q q 0 0 0 rg BT 87.99 378.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.00 378.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 122.51 378.95 Td (months ) Tj ET Q q 0 0 0 rg BT 154.51 378.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 182.03 378.95 Td (June ) Tj ET Q q 0 0 0 rg BT 204.04 378.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 219.05 378.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.07 378.95 Td ( ) Tj ET Q q 0 0 0 rg BT 241.56 378.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.07 378.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 279.09 378.95 Td (, ) Tj ET Q q 0 0 0 rg BT 284.09 378.95 Td (we ) Tj ET Q q 0 0 0 rg BT 298.08 378.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 341.11 378.95 Td (12.6% ) Tj ET Q q 0 0 0 rg BT 369.12 378.95 Td (and ) Tj ET Q q 0 0 0 rg BT 386.63 378.95 Td (13.9%, ) Tj ET Q q 0 0 0 rg BT 417.15 378.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 464.00 378.95 Td (, ) Tj ET Q q 0 0 0 rg BT 468.99 378.95 Td (of ) Tj ET Q q 0 0 0 rg BT 478.99 378.95 Td (our ) Tj ET Q q 0 0 0 rg BT 494.49 378.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 529.51 378.95 Td (from ) Tj ET Q q 0 0 0 rg BT 550.00 378.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 365.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 92.00 365.45 Td (federal ) Tj ET Q q 0 0 0 rg BT 122.02 365.45 Td (government ) Tj ET Q q 0 0 0 rg BT 172.05 365.45 Td (including ) Tj ET Q q 0 0 0 rg BT 210.08 365.45 Td (its ) Tj ET Q q 0 0 0 rg BT 221.58 365.45 Td (various ) Tj ET Q q 0 0 0 rg BT 253.09 365.45 Td (agencies.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (17) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (3.4. ) Tj ET Q q 0 0 0 rg BT 89.51 708.95 Td (REVENUE ) Tj ET Q q 0 0 0 rg BT 135.52 708.95 Td (BY) Tj ET Q q 0 0 0 rg BT 147.86 708.95 Td ( ) Tj ET Q q 0 0 0 rg BT 150.36 708.95 Td (SEGMENT) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.50 689.45 Td (segments ) Tj ET Q q 0 0 0 rg BT 131.02 689.45 Td (are ) Tj ET Q q 0 0 0 rg BT 146.53 689.45 Td (reported ) Tj ET Q q 0 0 0 rg BT 182.55 689.45 Td (based ) Tj ET Q q 0 0 0 rg BT 209.58 689.45 Td (on ) Tj ET Q q 0 0 0 rg BT 222.09 689.45 Td (where ) Tj ET Q q 0 0 0 rg BT 249.10 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 264.11 689.45 Td (client's ) Tj ET Q q 0 0 0 rg BT 293.84 689.45 Td (work ) Tj ET Q q 0 0 0 rg BT 315.34 689.45 Td (is ) Tj ET Q q 0 0 0 rg BT 324.34 689.45 Td (delivered ) Tj ET Q q 0 0 0 rg BT 363.37 689.45 Td (from ) Tj ET Q q 0 0 0 rg BT 383.87 689.45 Td (- ) Tj ET Q q 0 0 0 rg BT 389.36 689.45 Td (our ) Tj ET Q q 0 0 0 rg BT 404.87 689.45 Td (geographic ) Tj ET Q q 0 0 0 rg BT 451.91 689.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 485.42 689.45 Td (model.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 669.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.27 669.95 Td (following ) Tj ET Q q 0 0 0 rg BT 128.06 669.95 Td (table ) Tj ET Q q 0 0 0 rg BT 150.34 669.95 Td (provides ) Tj ET Q q 0 0 0 rg BT 187.12 669.95 Td (a ) Tj ET Q q 0 0 0 rg BT 194.89 669.95 Td (summary ) Tj ET Q q 0 0 0 rg BT 234.65 669.95 Td (of ) Tj ET Q q 0 0 0 rg BT 244.92 669.95 Td (the ) Tj ET Q q 0 0 0 rg BT 260.20 669.95 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 321.48 669.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 358.27 669.95 Td (in ) Tj ET Q q 0 0 0 rg BT 368.04 669.95 Td (our ) Tj ET Q q 0 0 0 rg BT 383.81 669.95 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 421.60 669.95 Td (in ) Tj ET Q q 0 0 0 rg BT 431.37 669.95 Td (total ) Tj ET Q q 0 0 0 rg BT 451.15 669.95 Td (and ) Tj ET Q q 0 0 0 rg BT 468.93 669.95 Td (by ) Tj ET Q q 0 0 0 rg BT 481.20 669.95 Td (segment, ) Tj ET Q q 0 0 0 rg BT 520.98 669.95 Td (separately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 656.45 Td (showing ) Tj ET Q q 0 0 0 rg BT 107.46 656.45 Td (the ) Tj ET Q q 0 0 0 rg BT 122.41 656.45 Td (impacts ) Tj ET Q q 0 0 0 rg BT 155.86 656.45 Td (of ) Tj ET Q q 0 0 0 rg BT 165.81 656.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 195.77 656.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 232.72 656.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 274.19 656.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 292.14 656.45 Td (variations ) Tj ET Q q 0 0 0 rg BT 333.10 656.45 Td (between ) Tj ET Q q 0 0 0 rg BT 369.56 656.45 Td (Q3 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.01 656.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.03 656.45 Td ( ) Tj ET Q q 0 0 0 rg BT 406.47 656.45 Td (and ) Tj ET Q q 0 0 0 rg BT 423.93 656.45 Td (Q3 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.38 656.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 458.40 656.45 Td (. ) Tj ET Q q 0 0 0 rg BT 463.18 656.45 Td (The ) Tj ET Q q 0 0 0 rg BT 481.13 656.45 Td (Q3 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.57 656.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.60 656.45 Td ( ) Tj ET Q q 0 0 0 rg BT 518.04 656.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 553.00 656.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 642.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 107.91 642.95 Td (was ) Tj ET Q q 0 0 0 rg BT 125.30 642.95 Td (recorded ) Tj ET Q q 0 0 0 rg BT 162.21 642.95 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 200.12 642.95 Td (the ) Tj ET Q q 0 0 0 rg BT 214.02 642.95 Td (actual ) Tj ET Q q 0 0 0 rg BT 239.42 642.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 268.33 642.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 308.75 642.95 Td (rates ) Tj ET Q q 0 0 0 rg BT 330.14 642.95 Td (for ) Tj ET Q q 0 0 0 rg BT 342.03 642.95 Td (that ) Tj ET Q q 0 0 0 rg BT 358.43 642.95 Td (period. ) Tj ET Q q 0 0 0 rg BT 387.25 642.95 Td (The ) Tj ET Q q 0 0 0 rg BT 404.15 642.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 433.05 642.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 473.47 642.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 501.37 642.95 Td (is ) Tj ET Q q 0 0 0 rg BT 509.26 642.95 Td (the ) Tj ET Q q 0 0 0 rg BT 523.16 642.95 Td (dif) Tj ET Q q 0 0 0 rg BT 532.50 642.95 Td (ference ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 629.45 Td (between ) Tj ET Q q 0 0 0 rg BT 108.96 629.45 Td (the ) Tj ET Q q 0 0 0 rg BT 124.41 629.45 Td (current ) Tj ET Q q 0 0 0 rg BT 155.35 629.45 Td (period) Tj ET Q q 0 0 0 rg BT 182.21 629.45 Td (s ) Tj ET Q q 0 0 0 rg BT 189.64 629.45 Td (actual ) Tj ET Q q 0 0 0 rg BT 216.60 629.45 Td (results ) Tj ET Q q 0 0 0 rg BT 246.04 629.45 Td (and ) Tj ET Q q 0 0 0 rg BT 263.99 629.45 Td (the ) Tj ET Q q 0 0 0 rg BT 279.44 629.45 Td (same ) Tj ET Q q 0 0 0 rg BT 304.38 629.45 Td (period) Tj ET Q q 0 0 0 rg BT 331.23 629.45 Td (s ) Tj ET Q q 0 0 0 rg BT 338.67 629.45 Td (results ) Tj ET Q q 0 0 0 rg BT 368.11 629.45 Td (converted ) Tj ET Q q 0 0 0 rg BT 410.57 629.45 Td (with ) Tj ET Q q 0 0 0 rg BT 429.51 629.45 Td (the ) Tj ET Q q 0 0 0 rg BT 444.96 629.45 Td (prior ) Tj ET Q q 0 0 0 rg BT 465.90 629.45 Td (year) Tj ET Q q 0 0 0 rg BT 483.74 629.45 Td () Tj ET Q q 0 0 0 rg BT 485.58 629.45 Td (s ) Tj ET Q q 0 0 0 rg BT 493.01 629.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 523.46 629.45 Td (exchange ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 615.95 Td (rates.) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 599.45 170.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 242.50 599.45 159.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 401.50 599.45 159.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 242.50 586.45 53.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 295.50 586.45 53.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 348.50 586.45 53.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 401.50 586.45 53.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 454.50 586.45 53.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 507.50 586.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 573.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 573.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 573.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 573.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 573.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 573.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 573.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 560.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 560.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 547.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 547.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 534.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 534.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 534.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 534.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 534.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 534.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 534.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 521.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 521.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 517.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 517.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 504.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 504.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 491.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 491.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 478.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 478.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 478.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 478.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 478.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 478.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 478.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 465.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 465.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 461.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 461.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 448.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 448.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 435.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 435.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 422.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 422.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 422.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 422.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 422.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 422.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 422.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 409.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 409.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 405.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 405.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 392.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 392.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 379.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 379.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 366.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 366.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 366.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 366.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 366.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 366.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 366.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 353.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 353.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 349.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 349.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 336.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 336.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 323.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 323.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 310.45 170.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 310.45 53.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 310.45 53.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 310.45 53.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 310.45 53.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 310.45 53.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 310.45 53.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 290.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 290.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 286.45 53.00 -12.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 286.45 53.00 -12.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 274.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 274.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 261.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 261.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 248.45 170.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 248.45 53.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 248.45 53.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 248.45 53.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 248.45 53.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 248.45 53.00 -16.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 248.45 53.00 -16.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 232.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 232.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 228.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 228.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 215.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 215.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 202.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 202.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 189.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 189.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 189.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 189.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 189.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 189.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 189.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 176.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 176.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 172.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 172.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 159.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 159.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 146.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 146.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 133.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 133.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 133.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 133.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 133.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 133.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 133.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 120.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 120.45 53.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 116.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 116.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 103.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 103.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 242.50 90.45 53.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 401.50 90.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 77.45 170.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 242.50 77.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 295.50 77.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 348.50 77.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 401.50 77.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 454.50 77.45 53.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 507.50 77.45 53.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 599.45 m 242.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 242.5 599.45 m 295.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 295.5 599.45 m 348.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 348.5 599.45 m 401.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 401.5 599.45 m 454.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 454.5 599.45 m 507.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 599.45 m 560.5 599.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 64.45000000000005 m 242.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 242.5 64.45000000000005 m 295.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 295.5 64.45000000000005 m 348.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 348.5 64.45000000000005 m 401.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 401.5 64.45000000000005 m 454.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 454.5 64.45000000000005 m 507.5 64.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 64.45000000000005 m 560.5 64.45000000000005 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 584.65 Td (In thousands of CAD except for percentages) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 251.95 590.68 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 414.05 590.68 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 268.20 577.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 321.20 577.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 362.65 577.68 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 427.20 577.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 480.20 577.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 521.65 577.68 Td (Change) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 564.68 Td (T) Tj ET Q q 0 0 0 rg BT 79.59 564.68 Td (otal CGI revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.60 564.68 Td (2,940,712) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 305.25 564.73 Td (2,836,817) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 564.68 Td (3.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 564.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 564.73 Td (8,707,865) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 564.73 Td (8,236,967) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 564.68 Td (5.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 564.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 551.68 Td (V) Tj ET Q q 0 0 0 rg BT 80.04 551.68 Td (ariation prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.00 551.68 Td (3.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.20 551.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.70 551.68 Td (4.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.85 551.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 538.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.35 538.68 Td (\(0.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.20 538.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.70 538.68 Td (1.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.85 538.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 525.68 Td (V) Tj ET Q q 0 0 0 rg BT 80.12 525.68 Td (ariation over previous period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.00 525.68 Td (3.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.20 525.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.70 525.68 Td (5.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.85 525.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 508.68 Td (Northern Europe) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 495.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 495.68 Td (452,509) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 495.73 Td (419,527) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 495.68 Td (7.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 495.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 495.73 Td (1,349,636) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 495.73 Td (1,251,319) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.05 495.68 Td (7.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 495.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 482.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.10 482.68 Td (4,312) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.30 482.68 Td (54,455) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 469.68 Td (Northern Europe revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 469.68 Td (456,821) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 469.73 Td (419,527) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 469.68 Td (8.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 469.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 469.73 Td (1,404,091) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 469.73 Td (1,251,319) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.60 469.73 Td (12.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 469.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 452.68 Td (Canada) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 439.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 439.68 Td (427,297) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 439.73 Td (41) Tj ET Q q 0 0 0 rg BT 320.80 439.73 Td (1,342) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 439.68 Td (3.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 439.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 439.73 Td (1,265,064) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 439.73 Td (1,208,183) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.05 439.68 Td (4.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 439.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 426.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.25 426.68 Td (22) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.80 426.73 Td (\(182) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.85 426.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 413.68 Td (Canada revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 413.68 Td (427,319) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 413.73 Td (41) Tj ET Q q 0 0 0 rg BT 320.80 413.73 Td (1,342) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 413.68 Td (3.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 413.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 413.73 Td (1,264,882) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 413.73 Td (1,208,183) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.05 413.68 Td (4.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 413.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 396.68 Td (France) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 383.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 383.68 Td (416,474) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 383.73 Td (405,962) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 383.68 Td (2.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 383.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 383.73 Td (1,232,070) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 383.73 Td (1,190,397) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.05 383.68 Td (3.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 383.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 370.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.70 370.68 Td (16,572) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.30 370.68 Td (74,376) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 357.68 Td (France revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 357.68 Td (433,046) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 357.73 Td (405,962) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.05 357.68 Td (6.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.20 357.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 357.73 Td (1,306,446) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 357.73 Td (1,190,397) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.05 357.68 Td (9.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.20 357.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 341.13 Td (U.S. Commercial and State Government) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 327.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 327.68 Td (444,434) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 327.73 Td (410,072) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 327.68 Td (8.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 327.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 327.73 Td (1,304,496) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 327.73 Td (1,163,524) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.60 327.73 Td (12.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 327.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 314.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.00 314.68 Td (\(17,378) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.20 314.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.70 314.68 Td (\(55,042) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.85 314.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 302.13 Td (U.S. Commercial and State Government) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 294.13 Td (revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 294.68 Td (427,056) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 294.73 Td (410,072) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 294.68 Td (4.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 294.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 294.73 Td (1,249,454) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 294.73 Td (1,163,524) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 294.68 Td (7.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 294.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 278.13 Td (U.S. Federal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 265.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 265.68 Td (393,017) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 265.73 Td (403,661) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.40 265.68 Td (\(2.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 265.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 265.73 Td (1,155,062) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 265.73 Td (1,109,405) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 265.68 Td (4.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 265.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 252.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.00 252.68 Td (\(15,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.20 252.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.70 252.68 Td (\(50,007) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.85 252.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 236.68 Td (U.S. Federal revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 236.68 Td (377,217) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 236.73 Td (403,661) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.40 236.68 Td (\(6.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 236.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.25 236.73 Td (1,105,055) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.25 236.73 Td (1,109,405) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.40 236.68 Td (\(0.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 236.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 219.68 Td (U.K.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 206.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 206.68 Td (335,379) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 206.73 Td (330,265) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 206.68 Td (1.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 206.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 206.68 Td (925,324) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 206.68 Td (992,525) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.40 206.68 Td (\(6.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 206.68 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 193.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.10 193.68 Td (7,437) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.30 193.68 Td (35,989) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 180.68 Td (U.K. revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 180.68 Td (342,816) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 180.73 Td (330,265) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 180.68 Td (3.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 180.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 180.68 Td (961,313) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 180.68 Td (992,525) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.40 180.68 Td (\(3.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 180.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 163.68 Td (ECS) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 150.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 150.68 Td (314,316) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 150.73 Td (302,229) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 150.68 Td (4.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 150.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 150.68 Td (903,683) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 150.68 Td (878,480) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 150.68 Td (2.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 150.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 137.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.70 137.68 Td (1) Tj ET Q q 0 0 0 rg BT 265.15 137.68 Td (1,593) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.30 137.68 Td (54,256) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 124.68 Td (ECS revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 124.68 Td (325,909) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 124.73 Td (302,229) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 124.68 Td (7.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 124.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 124.68 Td (957,939) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 124.68 Td (878,480) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 124.68 Td (9.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 124.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 107.68 Td (Asia Pacific) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 94.68 Td (Revenue prior to foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 94.68 Td (162,443) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 94.73 Td (153,759) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.05 94.68 Td (5.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 94.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 94.68 Td (473,835) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 94.68 Td (443,134) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 94.68 Td (6.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 94.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 81.68 Td (Foreign currency impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.00 81.68 Td (\(1) Tj ET Q q 0 0 0 rg BT 265.11 81.68 Td (1,915) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.20 81.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.70 81.68 Td (\(15,150) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.85 81.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 68.68 Td (Asia Pacific revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.25 68.68 Td (150,528) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.90 68.73 Td (153,759) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.40 68.68 Td (\(2.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.20 68.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.90 68.68 Td (458,685) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.90 68.68 Td (443,134) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.05 68.68 Td (3.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 544.20 68.68 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (18) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.60 Td (For ) Tj ET Q q 0 0 0 rg BT 88.41 708.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.83 708.60 Td (three ) Tj ET Q q 0 0 0 rg BT 127.26 708.60 Td (months ) Tj ET Q q 0 0 0 rg BT 159.68 708.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 187.62 708.60 Td (June ) Tj ET Q q 0 0 0 rg BT 210.05 708.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 225.47 708.60 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.49 708.60 Td (, ) Tj ET Q q 0 0 0 rg BT 250.90 708.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 286.33 708.60 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.25 708.60 Td ($2,940.7 ) Tj ET Q q 0 0 0 rg BT 343.19 708.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.70 708.60 Td (, ) Tj ET Q q 0 0 0 rg BT 374.11 708.60 Td (an ) Tj ET Q q 0 0 0 rg BT 387.03 708.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 423.96 708.60 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.38 708.60 Td ($103.9 ) Tj ET Q q 0 0 0 rg BT 464.82 708.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.32 708.60 Td (, ) Tj ET Q q 0 0 0 rg BT 495.73 708.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.65 708.60 Td (3.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.16 708.60 Td ( ) Tj ET Q q 0 0 0 rg BT 530.07 708.60 Td (over ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.49 708.60 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.49 708.60 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.02 695.10 Td (. ) Tj ET Q q 0 0 0 rg BT 98.76 695.10 Td (On ) Tj ET Q q 0 0 0 rg BT 115.00 695.10 Td (a ) Tj ET Q q 0 0 0 rg BT 124.24 695.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 162.50 695.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 201.24 695.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 228.99 695.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 265.74 695.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 309.00 695.10 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.74 695.10 Td ($109.1 ) Tj ET Q q 0 0 0 rg BT 354.51 695.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.01 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 384.25 695.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.48 695.10 Td (3.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.00 695.10 Td (. ) Tj ET Q q 0 0 0 rg BT 423.73 695.10 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 458.48 695.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 497.23 695.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 516.97 695.10 Td (fluctuations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 681.60 Td (unfavourably ) Tj ET Q q 0 0 0 rg BT 126.39 681.60 Td (impacted ) Tj ET Q q 0 0 0 rg BT 165.77 681.60 Td (our ) Tj ET Q q 0 0 0 rg BT 181.64 681.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 217.02 681.60 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 229.38 681.60 Td ($5.2 ) Tj ET Q q 0 0 0 rg BT 249.76 681.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 275.26 681.60 Td ( ) Tj ET Q q 0 0 0 rg BT 278.12 681.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.98 681.60 Td (0.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.50 681.60 Td (. ) Tj ET Q q 0 0 0 rg BT 314.67 681.60 Td (The ) Tj ET Q q 0 0 0 rg BT 333.04 681.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 369.91 681.60 Td (in ) Tj ET Q q 0 0 0 rg BT 379.78 681.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 415.16 681.60 Td (was ) Tj ET Q q 0 0 0 rg BT 434.02 681.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 470.88 681.60 Td (due ) Tj ET Q q 0 0 0 rg BT 488.75 681.60 Td (to ) Tj ET Q q 0 0 0 rg BT 499.12 681.60 Td (recent ) Tj ET Q q 0 0 0 rg BT 526.99 681.60 Td (business ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 668.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 121.53 668.10 Td (and ) Tj ET Q q 0 0 0 rg BT 139.04 668.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.05 668.10 Td (improving ) Tj ET Q q 0 0 0 rg BT 195.57 668.10 Td (strength ) Tj ET Q q 0 0 0 rg BT 230.59 668.10 Td (in ) Tj ET Q q 0 0 0 rg BT 240.10 668.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 275.12 668.10 Td (for ) Tj ET Q q 0 0 0 rg BT 288.12 668.10 Td (our ) Tj ET Q q 0 0 0 rg BT 303.63 668.10 Td (services ) Tj ET Q q 0 0 0 rg BT 339.14 668.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.66 668.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 394.68 668.10 Td (in ) Tj ET Q q 0 0 0 rg BT 404.18 668.10 Td (most ) Tj ET Q q 0 0 0 rg BT 426.19 668.10 Td (of ) Tj ET Q q 0 0 0 rg BT 436.19 668.10 Td (our ) Tj ET Q q 0 0 0 rg BT 451.70 668.10 Td (segments.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.60 Td (For ) Tj ET Q q 0 0 0 rg BT 88.56 648.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.13 648.60 Td (nine ) Tj ET Q q 0 0 0 rg BT 124.21 648.60 Td (months ) Tj ET Q q 0 0 0 rg BT 156.78 648.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 184.87 648.60 Td (June ) Tj ET Q q 0 0 0 rg BT 207.45 648.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 223.02 648.60 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.04 648.60 Td (, ) Tj ET Q q 0 0 0 rg BT 248.60 648.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 284.19 648.60 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.26 648.60 Td ($8,707.9 ) Tj ET Q q 0 0 0 rg BT 341.35 648.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.86 648.60 Td (, ) Tj ET Q q 0 0 0 rg BT 372.42 648.60 Td (an ) Tj ET Q q 0 0 0 rg BT 385.49 648.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 422.57 648.60 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.14 648.60 Td ($470.9 ) Tj ET Q q 0 0 0 rg BT 463.72 648.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.23 648.60 Td (, ) Tj ET Q q 0 0 0 rg BT 494.79 648.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.85 648.60 Td (5.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.37 648.60 Td ( ) Tj ET Q q 0 0 0 rg BT 529.43 648.60 Td (over ) Tj ET Q q 0 0 0 rg BT 550.00 648.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.10 Td (same ) Tj ET Q q 0 0 0 rg BT 97.08 635.10 Td (period ) Tj ET Q q 0 0 0 rg BT 125.17 635.10 Td (last ) Tj ET Q q 0 0 0 rg BT 142.24 635.10 Td (year) Tj ET Q q 0 0 0 rg BT 159.25 635.10 Td (. ) Tj ET Q q 0 0 0 rg BT 164.83 635.10 Td (On ) Tj ET Q q 0 0 0 rg BT 179.90 635.10 Td (a ) Tj ET Q q 0 0 0 rg BT 187.98 635.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 225.07 635.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 262.65 635.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 289.23 635.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 324.83 635.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 366.92 635.10 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.50 635.10 Td ($372.2 ) Tj ET Q q 0 0 0 rg BT 410.10 635.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.60 635.10 Td ( ) Tj ET Q q 0 0 0 rg BT 438.67 635.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.75 635.10 Td (4.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.26 635.10 Td (. ) Tj ET Q q 0 0 0 rg BT 475.83 635.10 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 509.42 635.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 547.00 635.10 Td (rate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 621.60 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 119.89 621.60 Td (favourably ) Tj ET Q q 0 0 0 rg BT 163.78 621.60 Td (impacted ) Tj ET Q q 0 0 0 rg BT 202.66 621.60 Td (our ) Tj ET Q q 0 0 0 rg BT 218.03 621.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 252.92 621.60 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.79 621.60 Td ($98.7 ) Tj ET Q q 0 0 0 rg BT 289.68 621.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.18 621.60 Td ( ) Tj ET Q q 0 0 0 rg BT 317.54 621.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.91 621.60 Td (1.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.42 621.60 Td (. ) Tj ET Q q 0 0 0 rg BT 353.14 621.60 Td (The ) Tj ET Q q 0 0 0 rg BT 371.01 621.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 407.39 621.60 Td (in ) Tj ET Q q 0 0 0 rg BT 416.76 621.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 451.65 621.60 Td (was ) Tj ET Q q 0 0 0 rg BT 470.01 621.60 Td (mostly ) Tj ET Q q 0 0 0 rg BT 498.38 621.60 Td (due ) Tj ET Q q 0 0 0 rg BT 515.76 621.60 Td (to ) Tj ET Q q 0 0 0 rg BT 525.63 621.60 Td (the ) Tj ET Q q 0 0 0 rg BT 540.50 621.60 Td (same ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 608.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 101.51 608.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 140.04 608.10 Td (for ) Tj ET Q q 0 0 0 rg BT 153.04 608.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.05 608.10 Td (quarter) Tj ET Q q 0 0 0 rg BT 196.07 608.10 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 588.60 Td (3.4.1. ) Tj ET Q q 0 0 0 rg BT 98.52 588.60 Td (Northern ) Tj ET Q q 0 0 0 rg BT 139.02 588.60 Td (Europe) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 569.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.18 569.10 Td (in ) Tj ET Q q 0 0 0 rg BT 119.34 569.10 Td (our ) Tj ET Q q 0 0 0 rg BT 134.50 569.10 Td (Northern ) Tj ET Q q 0 0 0 rg BT 171.67 569.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 202.85 569.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 239.52 569.10 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.68 569.10 Td ($456.8 ) Tj ET Q q 0 0 0 rg BT 287.36 569.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.86 569.10 Td ( ) Tj ET Q q 0 0 0 rg BT 315.02 569.10 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.18 569.10 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.18 569.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.34 569.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.36 569.10 Td (, ) Tj ET Q q 0 0 0 rg BT 363.01 569.10 Td (an ) Tj ET Q q 0 0 0 rg BT 375.18 569.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 411.35 569.10 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.01 569.10 Td ($37.3 ) Tj ET Q q 0 0 0 rg BT 445.68 569.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.19 569.10 Td ( ) Tj ET Q q 0 0 0 rg BT 473.34 569.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 483.50 569.10 Td (8.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.01 569.10 Td ( ) Tj ET Q q 0 0 0 rg BT 506.17 569.10 Td (over ) Tj ET Q q 0 0 0 rg BT 525.83 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 540.49 569.10 Td (same ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 555.60 Td (period ) Tj ET Q q 0 0 0 rg BT 99.49 555.60 Td (last ) Tj ET Q q 0 0 0 rg BT 115.96 555.60 Td (year) Tj ET Q q 0 0 0 rg BT 132.97 555.60 Td (. ) Tj ET Q q 0 0 0 rg BT 137.94 555.60 Td (On ) Tj ET Q q 0 0 0 rg BT 152.42 555.60 Td (a ) Tj ET Q q 0 0 0 rg BT 159.90 555.60 Td (constant ) Tj ET Q q 0 0 0 rg BT 196.39 555.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 233.37 555.60 Td (basis, ) Tj ET Q q 0 0 0 rg BT 259.35 555.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 294.34 555.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 335.83 555.60 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.81 555.60 Td ($33.0 ) Tj ET Q q 0 0 0 rg BT 372.80 555.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.31 555.60 Td ( ) Tj ET Q q 0 0 0 rg BT 400.78 555.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.25 555.60 Td (7.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.76 555.60 Td (. ) Tj ET Q q 0 0 0 rg BT 436.57 555.60 Td (The ) Tj ET Q q 0 0 0 rg BT 454.55 555.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 491.04 555.60 Td (was ) Tj ET Q q 0 0 0 rg BT 509.51 555.60 Td (mainly ) Tj ET Q q 0 0 0 rg BT 537.99 555.60 Td (driven ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 542.10 Td (by ) Tj ET Q q 0 0 0 rg BT 83.27 542.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 117.56 542.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 162.35 542.10 Td (with ) Tj ET Q q 0 0 0 rg BT 180.12 542.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.39 542.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 221.17 542.10 Td (business ) Tj ET Q q 0 0 0 rg BT 258.46 542.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 302.75 542.10 Td (and ) Tj ET Q q 0 0 0 rg BT 319.53 542.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 346.31 542.10 Td (systems ) Tj ET Q q 0 0 0 rg BT 381.08 542.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 424.87 542.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.65 542.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 483.94 542.10 Td (services ) Tj ET Q q 0 0 0 rg BT 518.71 542.10 Td (in ) Tj ET Q q 0 0 0 rg BT 527.48 542.10 Td (Sweden, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 528.60 Td (partly ) Tj ET Q q 0 0 0 rg BT 96.51 528.60 Td (of) Tj ET Q q 0 0 0 rg BT 103.85 528.60 Td (fset ) Tj ET Q q 0 0 0 rg BT 120.86 528.60 Td (by ) Tj ET Q q 0 0 0 rg BT 132.86 528.60 Td (the ) Tj ET Q q 0 0 0 rg BT 147.88 528.60 Td (non-renewal ) Tj ET Q q 0 0 0 rg BT 199.91 528.60 Td (of ) Tj ET Q q 0 0 0 rg BT 209.91 528.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 239.43 528.60 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 288.46 528.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 327.47 528.60 Td (in ) Tj ET Q q 0 0 0 rg BT 336.98 528.60 Td (Sweden ) Tj ET Q q 0 0 0 rg BT 372.00 528.60 Td (and ) Tj ET Q q 0 0 0 rg BT 389.52 528.60 Td (Finland, ) Tj ET Q q 0 0 0 rg BT 424.04 528.60 Td (mostly ) Tj ET Q q 0 0 0 rg BT 452.54 528.60 Td (in ) Tj ET Q q 0 0 0 rg BT 462.05 528.60 Td (infrastructure.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 509.10 Td (For ) Tj ET Q q 0 0 0 rg BT 88.51 509.10 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.04 509.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 124.06 509.10 Td (months ) Tj ET Q q 0 0 0 rg BT 156.59 509.10 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 181.62 509.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 184.63 509.10 Td (June30, ) Tj ET Q q 0 0 0 rg BT 222.17 509.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.19 509.10 Td (, ) Tj ET Q q 0 0 0 rg BT 247.70 509.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 283.24 509.10 Td (in ) Tj ET Q q 0 0 0 rg BT 293.26 509.10 Td (our ) Tj ET Q q 0 0 0 rg BT 309.28 509.10 Td (Northern ) Tj ET Q q 0 0 0 rg BT 347.30 509.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 379.34 509.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 416.87 509.10 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.89 509.10 Td ($1,404.1 ) Tj ET Q q 0 0 0 rg BT 473.93 509.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.44 509.10 Td (, ) Tj ET Q q 0 0 0 rg BT 504.95 509.10 Td (an ) Tj ET Q q 0 0 0 rg BT 517.97 509.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 555.00 509.10 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 495.60 Td ($152.8 ) Tj ET Q q 0 0 0 rg BT 101.89 495.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 127.40 495.60 Td ( ) Tj ET Q q 0 0 0 rg BT 129.76 495.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 140.12 495.60 Td (12.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 165.64 495.60 Td ( ) Tj ET Q q 0 0 0 rg BT 168.00 495.60 Td (over ) Tj ET Q q 0 0 0 rg BT 187.87 495.60 Td (the ) Tj ET Q q 0 0 0 rg BT 202.75 495.60 Td (same ) Tj ET Q q 0 0 0 rg BT 227.12 495.60 Td (period ) Tj ET Q q 0 0 0 rg BT 254.50 495.60 Td (last ) Tj ET Q q 0 0 0 rg BT 270.87 495.60 Td (year) Tj ET Q q 0 0 0 rg BT 287.88 495.60 Td (. ) Tj ET Q q 0 0 0 rg BT 292.74 495.60 Td (On ) Tj ET Q q 0 0 0 rg BT 307.11 495.60 Td (a ) Tj ET Q q 0 0 0 rg BT 314.48 495.60 Td (constant ) Tj ET Q q 0 0 0 rg BT 350.86 495.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 387.73 495.60 Td (basis, ) Tj ET Q q 0 0 0 rg BT 413.61 495.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 448.49 495.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 489.88 495.60 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.75 495.60 Td ($98.3 ) Tj ET Q q 0 0 0 rg BT 526.63 495.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.14 495.60 Td ( ) Tj ET Q q 0 0 0 rg BT 554.50 495.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 482.10 Td (7.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.51 482.10 Td (. ) Tj ET Q q 0 0 0 rg BT 97.35 482.10 Td (The ) Tj ET Q q 0 0 0 rg BT 115.36 482.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 151.88 482.10 Td (in ) Tj ET Q q 0 0 0 rg BT 161.38 482.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 196.41 482.10 Td (was ) Tj ET Q q 0 0 0 rg BT 214.91 482.10 Td (due ) Tj ET Q q 0 0 0 rg BT 232.43 482.10 Td (to ) Tj ET Q q 0 0 0 rg BT 242.44 482.10 Td (the ) Tj ET Q q 0 0 0 rg BT 257.45 482.10 Td (same ) Tj ET Q q 0 0 0 rg BT 281.96 482.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 311.47 482.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 349.99 482.10 Td (for ) Tj ET Q q 0 0 0 rg BT 363.00 482.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.01 482.10 Td (quarter) Tj ET Q q 0 0 0 rg BT 406.03 482.10 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 462.60 Td (On ) Tj ET Q q 0 0 0 rg BT 86.02 462.60 Td (a ) Tj ET Q q 0 0 0 rg BT 93.04 462.60 Td (client ) Tj ET Q q 0 0 0 rg BT 116.07 462.60 Td (geographic ) Tj ET Q q 0 0 0 rg BT 162.61 462.60 Td (basis, ) Tj ET Q q 0 0 0 rg BT 188.14 462.60 Td (the ) Tj ET Q q 0 0 0 rg BT 202.67 462.60 Td (top ) Tj ET Q q 0 0 0 rg BT 217.19 462.60 Td (two ) Tj ET Q q 0 0 0 rg BT 233.21 462.60 Td (Northern ) Tj ET Q q 0 0 0 rg BT 270.24 462.60 Td (Europe ) Tj ET Q q 0 0 0 rg BT 301.28 462.60 Td (vertical ) Tj ET Q q 0 0 0 rg BT 331.80 462.60 Td (markets ) Tj ET Q q 0 0 0 rg BT 365.82 462.60 Td (were ) Tj ET Q q 0 0 0 rg BT 387.34 462.60 Td (MRD ) Tj ET Q q 0 0 0 rg BT 409.85 462.60 Td (and ) Tj ET Q q 0 0 0 rg BT 426.88 462.60 Td (government, ) Tj ET Q q 0 0 0 rg BT 478.93 462.60 Td (generating ) Tj ET Q q 0 0 0 rg BT 523.47 462.60 Td (combined ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 449.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 111.52 449.10 Td (of ) Tj ET Q q 0 0 0 rg BT 121.53 449.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 180.06 449.10 Td ($298 ) Tj ET Q q 0 0 0 rg BT 202.58 449.10 Td (million ) Tj ET Q q 0 0 0 rg BT 230.59 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.10 449.10 Td ($890 ) Tj ET Q q 0 0 0 rg BT 270.62 449.10 Td (million ) Tj ET Q q 0 0 0 rg BT 298.63 449.10 Td (for ) Tj ET Q q 0 0 0 rg BT 311.63 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.65 449.10 Td (three ) Tj ET Q q 0 0 0 rg BT 349.66 449.10 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.18 449.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 386.69 449.10 Td (months ) Tj ET Q q 0 0 0 rg BT 418.71 449.10 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.73 449.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.23 449.10 Td (June30, ) Tj ET Q q 0 0 0 rg BT 483.26 449.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.28 449.10 Td (, ) Tj ET Q q 0 0 0 rg BT 508.28 449.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 555.13 449.10 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 420.60 Td (3.4.2. ) Tj ET Q q 0 0 0 rg BT 99.02 420.60 Td (Canada) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 401.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.75 401.10 Td (in ) Tj ET Q q 0 0 0 rg BT 119.98 401.10 Td (our ) Tj ET Q q 0 0 0 rg BT 135.21 401.10 Td (Canada ) Tj ET Q q 0 0 0 rg BT 168.96 401.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 205.71 401.10 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 223.94 401.10 Td ($427.3 ) Tj ET Q q 0 0 0 rg BT 253.69 401.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 279.19 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 281.42 401.10 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.65 401.10 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.65 401.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.88 401.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.90 401.10 Td (, ) Tj ET Q q 0 0 0 rg BT 329.63 401.10 Td (an ) Tj ET Q q 0 0 0 rg BT 341.86 401.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 378.10 401.10 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.83 401.10 Td ($16.0 ) Tj ET Q q 0 0 0 rg BT 412.58 401.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.09 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 440.31 401.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.54 401.10 Td (3.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.05 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 473.28 401.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 515.52 401.10 Td (to ) Tj ET Q q 0 0 0 rg BT 525.25 401.10 Td (the ) Tj ET Q q 0 0 0 rg BT 539.99 401.10 Td (same ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 387.60 Td (period ) Tj ET Q q 0 0 0 rg BT 99.94 387.60 Td (last ) Tj ET Q q 0 0 0 rg BT 116.36 387.60 Td (year) Tj ET Q q 0 0 0 rg BT 133.37 387.60 Td (. ) Tj ET Q q 0 0 0 rg BT 138.13 387.60 Td (The ) Tj ET Q q 0 0 0 rg BT 156.06 387.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 192.49 387.60 Td (in ) Tj ET Q q 0 0 0 rg BT 201.91 387.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 236.86 387.60 Td (was ) Tj ET Q q 0 0 0 rg BT 255.28 387.60 Td (mainly ) Tj ET Q q 0 0 0 rg BT 283.70 387.60 Td (due ) Tj ET Q q 0 0 0 rg BT 301.14 387.60 Td (to ) Tj ET Q q 0 0 0 rg BT 311.06 387.60 Td (organic ) Tj ET Q q 0 0 0 rg BT 342.99 387.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 372.43 387.60 Td (within ) Tj ET Q q 0 0 0 rg BT 397.85 387.60 Td (the ) Tj ET Q q 0 0 0 rg BT 412.78 387.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 448.22 387.60 Td (services ) Tj ET Q q 0 0 0 rg BT 483.64 387.60 Td (vertical ) Tj ET Q q 0 0 0 rg BT 514.57 387.60 Td (market ) Tj ET Q q 0 0 0 rg BT 544.49 387.60 Td (and, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 374.10 Td (to ) Tj ET Q q 0 0 0 rg BT 82.51 374.10 Td (a ) Tj ET Q q 0 0 0 rg BT 90.01 374.10 Td (lesser ) Tj ET Q q 0 0 0 rg BT 116.52 374.10 Td (extent, ) Tj ET Q q 0 0 0 rg BT 146.04 374.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 181.06 374.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 226.59 374.10 Td (with ) Tj ET Q q 0 0 0 rg BT 245.10 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.11 374.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 287.62 374.10 Td (business ) Tj ET Q q 0 0 0 rg BT 325.64 374.10 Td (acquisition.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 354.60 Td (For ) Tj ET Q q 0 0 0 rg BT 88.01 354.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.53 354.60 Td (nine ) Tj ET Q q 0 0 0 rg BT 121.56 354.60 Td (months ) Tj ET Q q 0 0 0 rg BT 153.08 354.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 180.12 354.60 Td (June ) Tj ET Q q 0 0 0 rg BT 201.64 354.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 216.16 354.60 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.18 354.60 Td (, ) Tj ET Q q 0 0 0 rg BT 240.69 354.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 275.23 354.60 Td (in ) Tj ET Q q 0 0 0 rg BT 284.24 354.60 Td (our ) Tj ET Q q 0 0 0 rg BT 299.26 354.60 Td (Canada ) Tj ET Q q 0 0 0 rg BT 332.80 354.60 Td (segment ) Tj ET Q q 0 0 0 rg BT 369.33 354.60 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.34 354.60 Td ($1,264.9 ) Tj ET Q q 0 0 0 rg BT 424.38 354.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.89 354.60 Td (, ) Tj ET Q q 0 0 0 rg BT 454.40 354.60 Td (an ) Tj ET Q q 0 0 0 rg BT 466.42 354.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 502.45 354.60 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.96 354.60 Td ($56.7 ) Tj ET Q q 0 0 0 rg BT 536.50 354.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 341.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 82.50 341.10 Td (4.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.01 341.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.00 341.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 147.02 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 156.52 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 171.02 341.10 Td (same ) Tj ET Q q 0 0 0 rg BT 195.02 341.10 Td (period ) Tj ET Q q 0 0 0 rg BT 222.04 341.10 Td (last ) Tj ET Q q 0 0 0 rg BT 238.03 341.10 Td (year) Tj ET Q q 0 0 0 rg BT 255.05 341.10 Td (. ) Tj ET Q q 0 0 0 rg BT 259.41 341.10 Td (The ) Tj ET Q q 0 0 0 rg BT 276.91 341.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 312.92 341.10 Td (in ) Tj ET Q q 0 0 0 rg BT 321.92 341.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 356.44 341.10 Td (was ) Tj ET Q q 0 0 0 rg BT 374.44 341.10 Td (due ) Tj ET Q q 0 0 0 rg BT 391.45 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 400.95 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.45 341.10 Td (same ) Tj ET Q q 0 0 0 rg BT 439.45 341.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 468.46 341.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 506.48 341.10 Td (for ) Tj ET Q q 0 0 0 rg BT 518.97 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 533.48 341.10 Td (quarter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 327.60 Td (as ) Tj ET Q q 0 0 0 rg BT 84.51 327.60 Td (well ) Tj ET Q q 0 0 0 rg BT 102.51 327.60 Td (as ) Tj ET Q q 0 0 0 rg BT 114.52 327.60 Td (organic ) Tj ET Q q 0 0 0 rg BT 146.53 327.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 176.05 327.60 Td (within ) Tj ET Q q 0 0 0 rg BT 201.56 327.60 Td (the ) Tj ET Q q 0 0 0 rg BT 216.57 327.60 Td (communications ) Tj ET Q q 0 0 0 rg BT 284.10 327.60 Td (& ) Tj ET Q q 0 0 0 rg BT 292.60 327.60 Td (utilities ) Tj ET Q q 0 0 0 rg BT 322.61 327.60 Td (vertical ) Tj ET Q q 0 0 0 rg BT 353.62 327.60 Td (market.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 308.10 Td (On ) Tj ET Q q 0 0 0 rg BT 87.49 308.10 Td (a ) Tj ET Q q 0 0 0 rg BT 95.49 308.10 Td (client ) Tj ET Q q 0 0 0 rg BT 119.48 308.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 167.01 308.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 193.51 308.10 Td (the ) Tj ET Q q 0 0 0 rg BT 209.00 308.10 Td (top ) Tj ET Q q 0 0 0 rg BT 224.50 308.10 Td (two ) Tj ET Q q 0 0 0 rg BT 241.50 308.10 Td (Canada ) Tj ET Q q 0 0 0 rg BT 276.01 308.10 Td (vertical ) Tj ET Q q 0 0 0 rg BT 307.51 308.10 Td (markets ) Tj ET Q q 0 0 0 rg BT 342.50 308.10 Td (were ) Tj ET Q q 0 0 0 rg BT 364.99 308.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.00 308.10 Td (services ) Tj ET Q q 0 0 0 rg BT 437.00 308.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.00 308.10 Td (communications ) Tj ET Q q 0 0 0 rg BT 523.02 308.10 Td (& ) Tj ET Q q 0 0 0 rg BT 532.01 308.10 Td (utilities, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 294.60 Td (generating ) Tj ET Q q 0 0 0 rg BT 117.07 294.60 Td (combined ) Tj ET Q q 0 0 0 rg BT 158.14 294.60 Td (revenues ) Tj ET Q q 0 0 0 rg BT 197.20 294.60 Td (of ) Tj ET Q q 0 0 0 rg BT 206.74 294.60 Td (approximately ) Tj ET Q q 0 0 0 rg BT 264.81 294.60 Td ( ) Tj ET Q q 0 0 0 rg BT 266.85 294.60 Td ($296 ) Tj ET Q q 0 0 0 rg BT 288.91 294.60 Td (million ) Tj ET Q q 0 0 0 rg BT 316.45 294.60 Td (and ) Tj ET Q q 0 0 0 rg BT 333.51 294.60 Td ($865 ) Tj ET Q q 0 0 0 rg BT 355.57 294.60 Td (million ) Tj ET Q q 0 0 0 rg BT 383.11 294.60 Td (for ) Tj ET Q q 0 0 0 rg BT 395.66 294.60 Td (the ) Tj ET Q q 0 0 0 rg BT 410.21 294.60 Td (three ) Tj ET Q q 0 0 0 rg BT 432.76 294.60 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.81 294.60 Td (nine ) Tj ET Q q 0 0 0 rg BT 468.87 294.60 Td (months ) Tj ET Q q 0 0 0 rg BT 500.42 294.60 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.45 294.60 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.49 294.60 Td (June30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 281.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.52 281.10 Td (, ) Tj ET Q q 0 0 0 rg BT 97.52 281.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 144.37 281.10 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 252.60 Td (3.4.3. ) Tj ET Q q 0 0 0 rg BT 98.52 252.60 Td (France) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 233.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.71 233.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.39 233.10 Td (our ) Tj ET Q q 0 0 0 rg BT 136.08 233.10 Td (France ) Tj ET Q q 0 0 0 rg BT 166.76 233.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 203.96 233.10 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.65 233.10 Td ($433.0 ) Tj ET Q q 0 0 0 rg BT 252.85 233.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 278.36 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 281.04 233.10 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.72 233.10 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.73 233.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.40 233.10 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.43 233.10 Td (, ) Tj ET Q q 0 0 0 rg BT 330.61 233.10 Td (an ) Tj ET Q q 0 0 0 rg BT 343.29 233.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 379.99 233.10 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.18 233.10 Td ($27.1 ) Tj ET Q q 0 0 0 rg BT 415.38 233.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.88 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 443.56 233.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.24 233.10 Td (6.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.76 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 477.44 233.10 Td (over ) Tj ET Q q 0 0 0 rg BT 497.62 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 512.81 233.10 Td (same ) Tj ET Q q 0 0 0 rg BT 537.50 233.10 Td (period ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 219.60 Td (last ) Tj ET Q q 0 0 0 rg BT 88.23 219.60 Td (year) Tj ET Q q 0 0 0 rg BT 105.24 219.60 Td (. ) Tj ET Q q 0 0 0 rg BT 109.96 219.60 Td (On ) Tj ET Q q 0 0 0 rg BT 124.18 219.60 Td (a ) Tj ET Q q 0 0 0 rg BT 131.41 219.60 Td (constant ) Tj ET Q q 0 0 0 rg BT 167.65 219.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 204.38 219.60 Td (basis, ) Tj ET Q q 0 0 0 rg BT 230.11 219.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 264.85 219.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 306.10 219.60 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.82 219.60 Td ($10.5 ) Tj ET Q q 0 0 0 rg BT 342.56 219.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.07 219.60 Td ( ) Tj ET Q q 0 0 0 rg BT 370.29 219.60 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.51 219.60 Td (2.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.02 219.60 Td (. ) Tj ET Q q 0 0 0 rg BT 405.60 219.60 Td (The ) Tj ET Q q 0 0 0 rg BT 423.33 219.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 459.57 219.60 Td (in ) Tj ET Q q 0 0 0 rg BT 468.79 219.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 503.53 219.60 Td (was ) Tj ET Q q 0 0 0 rg BT 521.76 219.60 Td (mainly ) Tj ET Q q 0 0 0 rg BT 549.99 219.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 206.10 Td (result ) Tj ET Q q 0 0 0 rg BT 96.51 206.10 Td (of ) Tj ET Q q 0 0 0 rg BT 106.51 206.10 Td (organic ) Tj ET Q q 0 0 0 rg BT 138.53 206.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 168.05 206.10 Td (across ) Tj ET Q q 0 0 0 rg BT 197.06 206.10 Td (all ) Tj ET Q q 0 0 0 rg BT 208.56 206.10 Td (vertical ) Tj ET Q q 0 0 0 rg BT 239.57 206.10 Td (markets.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 186.60 Td (For ) Tj ET Q q 0 0 0 rg BT 87.52 186.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.05 186.60 Td (nine ) Tj ET Q q 0 0 0 rg BT 121.09 186.60 Td (months ) Tj ET Q q 0 0 0 rg BT 152.62 186.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 179.67 186.60 Td (June ) Tj ET Q q 0 0 0 rg BT 201.20 186.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 215.73 186.60 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.75 186.60 Td (, ) Tj ET Q q 0 0 0 rg BT 240.27 186.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 274.82 186.60 Td (in ) Tj ET Q q 0 0 0 rg BT 283.84 186.60 Td (our ) Tj ET Q q 0 0 0 rg BT 298.87 186.60 Td (France ) Tj ET Q q 0 0 0 rg BT 328.90 186.60 Td (segment ) Tj ET Q q 0 0 0 rg BT 365.44 186.60 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.46 186.60 Td ($1,306.4 ) Tj ET Q q 0 0 0 rg BT 420.51 186.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.02 186.60 Td (, ) Tj ET Q q 0 0 0 rg BT 450.54 186.60 Td (an ) Tj ET Q q 0 0 0 rg BT 462.57 186.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 498.61 186.60 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.13 186.60 Td ($1) Tj ET Q q 0 0 0 rg BT 517.48 186.60 Td (16.0 ) Tj ET Q q 0 0 0 rg BT 537.01 186.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 173.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 83.35 173.10 Td (9.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.87 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 107.21 173.10 Td (over ) Tj ET Q q 0 0 0 rg BT 128.07 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.93 173.10 Td (same ) Tj ET Q q 0 0 0 rg BT 169.29 173.10 Td (period ) Tj ET Q q 0 0 0 rg BT 197.66 173.10 Td (last ) Tj ET Q q 0 0 0 rg BT 215.01 173.10 Td (year) Tj ET Q q 0 0 0 rg BT 232.02 173.10 Td (. ) Tj ET Q q 0 0 0 rg BT 237.87 173.10 Td (On ) Tj ET Q q 0 0 0 rg BT 253.23 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 261.58 173.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 298.95 173.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 336.81 173.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 363.67 173.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 399.54 173.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 441.92 173.10 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.77 173.10 Td ($41.7 ) Tj ET Q q 0 0 0 rg BT 480.64 173.10 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.15 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 509.50 173.10 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.85 173.10 Td (3.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.36 173.10 Td (. ) Tj ET Q q 0 0 0 rg BT 546.99 173.10 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 159.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 108.52 159.60 Td (in ) Tj ET Q q 0 0 0 rg BT 118.02 159.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 153.05 159.60 Td (was ) Tj ET Q q 0 0 0 rg BT 171.55 159.60 Td (due ) Tj ET Q q 0 0 0 rg BT 189.07 159.60 Td (to ) Tj ET Q q 0 0 0 rg BT 199.08 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 214.09 159.60 Td (same ) Tj ET Q q 0 0 0 rg BT 238.60 159.60 Td (factor ) Tj ET Q q 0 0 0 rg BT 263.61 159.60 Td (identified ) Tj ET Q q 0 0 0 rg BT 302.13 159.60 Td (for ) Tj ET Q q 0 0 0 rg BT 315.14 159.60 Td (the ) Tj ET Q q 0 0 0 rg BT 330.15 159.60 Td (quarter) Tj ET Q q 0 0 0 rg BT 358.17 159.60 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 140.10 Td (On ) Tj ET Q q 0 0 0 rg BT 87.05 140.10 Td (a ) Tj ET Q q 0 0 0 rg BT 95.10 140.10 Td (client ) Tj ET Q q 0 0 0 rg BT 119.16 140.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 166.74 140.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 193.30 140.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.86 140.10 Td (top ) Tj ET Q q 0 0 0 rg BT 224.41 140.10 Td (two ) Tj ET Q q 0 0 0 rg BT 241.47 140.10 Td (France ) Tj ET Q q 0 0 0 rg BT 272.52 140.10 Td (vertical ) Tj ET Q q 0 0 0 rg BT 304.08 140.10 Td (markets ) Tj ET Q q 0 0 0 rg BT 339.13 140.10 Td (were ) Tj ET Q q 0 0 0 rg BT 361.68 140.10 Td (MRD ) Tj ET Q q 0 0 0 rg BT 385.22 140.10 Td (and ) Tj ET Q q 0 0 0 rg BT 403.29 140.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 439.35 140.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 477.91 140.10 Td (generating ) Tj ET Q q 0 0 0 rg BT 523.49 140.10 Td (combined ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 126.60 Td (revenues ) Tj ET Q q 0 0 0 rg BT 112.98 126.60 Td (of ) Tj ET Q q 0 0 0 rg BT 124.44 126.60 Td (approximately ) Tj ET Q q 0 0 0 rg BT 184.43 126.60 Td ( ) Tj ET Q q 0 0 0 rg BT 188.38 126.60 Td ($303 ) Tj ET Q q 0 0 0 rg BT 212.36 126.60 Td (million ) Tj ET Q q 0 0 0 rg BT 241.82 126.60 Td (million ) Tj ET Q q 0 0 0 rg BT 271.28 126.60 Td (and ) Tj ET Q q 0 0 0 rg BT 290.26 126.60 Td ($895 ) Tj ET Q q 0 0 0 rg BT 314.24 126.60 Td (million ) Tj ET Q q 0 0 0 rg BT 343.70 126.60 Td (for ) Tj ET Q q 0 0 0 rg BT 358.16 126.60 Td (the ) Tj ET Q q 0 0 0 rg BT 374.63 126.60 Td (three ) Tj ET Q q 0 0 0 rg BT 399.10 126.60 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.07 126.60 Td (nine ) Tj ET Q q 0 0 0 rg BT 439.04 126.60 Td (months ) Tj ET Q q 0 0 0 rg BT 472.51 126.60 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.54 126.60 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.49 126.60 Td (June30, ) Tj ET Q q 0 0 0 rg BT 539.98 126.60 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.00 126.60 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 113.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 118.85 113.10 Td (.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (19) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.4.4. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 118.52 708.95 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 172.54 708.95 Td (and ) Tj ET Q q 0 0 0 rg BT 191.04 708.95 Td (State ) Tj ET Q q 0 0 0 rg BT 215.55 708.95 Td (Government) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 109.96 689.45 Td (in ) Tj ET Q q 0 0 0 rg BT 118.91 689.45 Td (our ) Tj ET Q q 0 0 0 rg BT 133.85 689.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 153.29 689.45 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 203.24 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 220.19 689.45 Td (State ) Tj ET Q q 0 0 0 rg BT 243.14 689.45 Td (Government ) Tj ET Q q 0 0 0 rg BT 294.60 689.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 331.06 689.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.00 689.45 Td ($427.1 ) Tj ET Q q 0 0 0 rg BT 378.46 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.97 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 405.91 689.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.85 689.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.86 689.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.79 689.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.82 689.45 Td (, ) Tj ET Q q 0 0 0 rg BT 453.25 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 455.19 689.45 Td (an ) Tj ET Q q 0 0 0 rg BT 467.14 689.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 503.09 689.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.54 689.45 Td ($17.0 ) Tj ET Q q 0 0 0 rg BT 537.00 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 82.32 675.95 Td (4.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.84 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 105.16 675.95 Td (over ) Tj ET Q q 0 0 0 rg BT 124.99 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 139.82 675.95 Td (same ) Tj ET Q q 0 0 0 rg BT 164.15 675.95 Td (period ) Tj ET Q q 0 0 0 rg BT 191.49 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 201.32 675.95 Td (last ) Tj ET Q q 0 0 0 rg BT 217.65 675.95 Td (year) Tj ET Q q 0 0 0 rg BT 234.66 675.95 Td (. ) Tj ET Q q 0 0 0 rg BT 239.48 675.95 Td (On ) Tj ET Q q 0 0 0 rg BT 253.81 675.95 Td (a ) Tj ET Q q 0 0 0 rg BT 261.14 675.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 297.48 675.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 334.32 675.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 360.15 675.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 395.00 675.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 436.34 675.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.17 675.95 Td ($34.4 ) Tj ET Q q 0 0 0 rg BT 473.01 675.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.52 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 500.84 675.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.17 675.95 Td (8.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.68 675.95 Td (, ) Tj ET Q q 0 0 0 rg BT 536.50 675.95 Td (mainly ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (due ) Tj ET Q q 0 0 0 rg BT 90.58 662.45 Td (to ) Tj ET Q q 0 0 0 rg BT 101.65 662.45 Td (recent ) Tj ET Q q 0 0 0 rg BT 130.23 662.45 Td (business ) Tj ET Q q 0 0 0 rg BT 169.32 662.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 219.91 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 238.49 662.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 267.07 662.45 Td (work ) Tj ET Q q 0 0 0 rg BT 289.64 662.45 Td (volumes ) Tj ET Q q 0 0 0 rg BT 326.72 662.45 Td (primarily ) Tj ET Q q 0 0 0 rg BT 364.28 662.45 Td (within ) Tj ET Q q 0 0 0 rg BT 390.86 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 406.93 662.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.52 662.45 Td (services ) Tj ET Q q 0 0 0 rg BT 480.09 662.45 Td (vertical ) Tj ET Q q 0 0 0 rg BT 512.16 662.45 Td (market. ) Tj ET Q q 0 0 0 rg BT 545.50 662.45 Td (This ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 108.52 648.95 Td (was ) Tj ET Q q 0 0 0 rg BT 127.02 648.95 Td (partly ) Tj ET Q q 0 0 0 rg BT 151.53 648.95 Td (of) Tj ET Q q 0 0 0 rg BT 158.88 648.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 175.88 648.95 Td (by ) Tj ET Q q 0 0 0 rg BT 187.89 648.95 Td (lower ) Tj ET Q q 0 0 0 rg BT 211.90 648.95 Td (IP) Tj ET Q q 0 0 0 rg BT 220.24 648.95 Td ( ) Tj ET Q q 0 0 0 rg BT 222.74 648.95 Td (license ) Tj ET Q q 0 0 0 rg BT 253.25 648.95 Td (sales.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 629.45 Td (For ) Tj ET Q q 0 0 0 rg BT 88.25 629.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.51 629.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.27 629.45 Td (months ) Tj ET Q q 0 0 0 rg BT 155.53 629.45 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 180.56 629.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.31 629.45 Td (June30, ) Tj ET Q q 0 0 0 rg BT 220.59 629.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.61 629.45 Td (, ) Tj ET Q q 0 0 0 rg BT 245.86 629.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 281.13 629.45 Td (in ) Tj ET Q q 0 0 0 rg BT 290.88 629.45 Td (our ) Tj ET Q q 0 0 0 rg BT 306.64 629.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 326.89 629.45 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 377.65 629.45 Td (and ) Tj ET Q q 0 0 0 rg BT 395.41 629.45 Td (State ) Tj ET Q q 0 0 0 rg BT 419.17 629.45 Td (Government ) Tj ET Q q 0 0 0 rg BT 471.44 629.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 508.71 629.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.46 629.45 Td ($1,249.5 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 615.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 615.95 Td (, ) Tj ET Q q 0 0 0 rg BT 102.17 615.95 Td (an ) Tj ET Q q 0 0 0 rg BT 114.34 615.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 150.53 615.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.20 615.95 Td ($85.9 ) Tj ET Q q 0 0 0 rg BT 184.88 615.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.39 615.95 Td ( ) Tj ET Q q 0 0 0 rg BT 212.55 615.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.72 615.95 Td (7.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.23 615.95 Td ( ) Tj ET Q q 0 0 0 rg BT 245.39 615.95 Td (over ) Tj ET Q q 0 0 0 rg BT 265.06 615.95 Td (the ) Tj ET Q q 0 0 0 rg BT 279.74 615.95 Td (same ) Tj ET Q q 0 0 0 rg BT 303.91 615.95 Td (period ) Tj ET Q q 0 0 0 rg BT 331.09 615.95 Td (last ) Tj ET Q q 0 0 0 rg BT 347.26 615.95 Td (year) Tj ET Q q 0 0 0 rg BT 364.27 615.95 Td (. ) Tj ET Q q 0 0 0 rg BT 368.94 615.95 Td (On ) Tj ET Q q 0 0 0 rg BT 383.11 615.95 Td (a ) Tj ET Q q 0 0 0 rg BT 390.28 615.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 426.46 615.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 463.14 615.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 488.81 615.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 523.50 615.95 Td (increased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 602.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 84.01 602.45 Td ($141.0 ) Tj ET Q q 0 0 0 rg BT 114.03 602.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 139.54 602.45 Td ( ) Tj ET Q q 0 0 0 rg BT 142.04 602.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 152.54 602.45 Td (12.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.06 602.45 Td ( ) Tj ET Q q 0 0 0 rg BT 180.56 602.45 Td (primarily ) Tj ET Q q 0 0 0 rg BT 217.06 602.45 Td (due ) Tj ET Q q 0 0 0 rg BT 234.58 602.45 Td (to ) Tj ET Q q 0 0 0 rg BT 244.59 602.45 Td (the ) Tj ET Q q 0 0 0 rg BT 259.60 602.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 289.11 602.45 Td (identified ) Tj ET Q q 0 0 0 rg BT 327.63 602.45 Td (for ) Tj ET Q q 0 0 0 rg BT 340.64 602.45 Td (the ) Tj ET Q q 0 0 0 rg BT 355.65 602.45 Td (quarter) Tj ET Q q 0 0 0 rg BT 383.67 602.45 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 582.95 Td (On ) Tj ET Q q 0 0 0 rg BT 86.85 582.95 Td (a ) Tj ET Q q 0 0 0 rg BT 94.69 582.95 Td (client ) Tj ET Q q 0 0 0 rg BT 118.55 582.95 Td (geographic ) Tj ET Q q 0 0 0 rg BT 165.92 582.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 192.27 582.95 Td (the ) Tj ET Q q 0 0 0 rg BT 207.63 582.95 Td (top ) Tj ET Q q 0 0 0 rg BT 222.98 582.95 Td (two ) Tj ET Q q 0 0 0 rg BT 239.82 582.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 260.17 582.95 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 311.02 582.95 Td (and ) Tj ET Q q 0 0 0 rg BT 328.87 582.95 Td (State ) Tj ET Q q 0 0 0 rg BT 352.73 582.95 Td (Government ) Tj ET Q q 0 0 0 rg BT 405.09 582.95 Td (vertical ) Tj ET Q q 0 0 0 rg BT 436.44 582.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 471.29 582.95 Td (were ) Tj ET Q q 0 0 0 rg BT 493.64 582.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 529.50 582.95 Td (services ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 88.80 569.45 Td (government, ) Tj ET Q q 0 0 0 rg BT 140.62 569.45 Td (generating ) Tj ET Q q 0 0 0 rg BT 184.94 569.45 Td (combined ) Tj ET Q q 0 0 0 rg BT 225.76 569.45 Td (revenues ) Tj ET Q q 0 0 0 rg BT 264.57 569.45 Td (of ) Tj ET Q q 0 0 0 rg BT 273.86 569.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 331.68 569.45 Td ( ) Tj ET Q q 0 0 0 rg BT 333.47 569.45 Td ($268 ) Tj ET Q q 0 0 0 rg BT 355.28 569.45 Td (million ) Tj ET Q q 0 0 0 rg BT 382.57 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 399.38 569.45 Td ($796 ) Tj ET Q q 0 0 0 rg BT 421.19 569.45 Td (million ) Tj ET Q q 0 0 0 rg BT 448.48 569.45 Td (for ) Tj ET Q q 0 0 0 rg BT 460.77 569.45 Td (the ) Tj ET Q q 0 0 0 rg BT 475.07 569.45 Td (three ) Tj ET Q q 0 0 0 rg BT 497.37 569.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.18 569.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 532.98 569.45 Td (months ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 555.95 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.03 555.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 99.53 555.95 Td (June30, ) Tj ET Q q 0 0 0 rg BT 136.56 555.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 156.58 555.95 Td (, ) Tj ET Q q 0 0 0 rg BT 161.58 555.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 208.43 555.95 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 527.45 Td (3.4.5. ) Tj ET Q q 0 0 0 rg BT 98.52 527.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 118.52 527.45 Td (Federal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 507.95 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 111.04 507.95 Td (in ) Tj ET Q q 0 0 0 rg BT 121.06 507.95 Td (our ) Tj ET Q q 0 0 0 rg BT 137.08 507.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 157.59 507.95 Td (Federal ) Tj ET Q q 0 0 0 rg BT 191.12 507.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 228.65 507.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.67 507.95 Td ($377.2 ) Tj ET Q q 0 0 0 rg BT 278.21 507.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.71 507.95 Td ( ) Tj ET Q q 0 0 0 rg BT 306.73 507.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.74 507.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 328.75 507.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 331.76 507.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.78 507.95 Td (, ) Tj ET Q q 0 0 0 rg BT 357.29 507.95 Td (a ) Tj ET Q q 0 0 0 rg BT 365.31 507.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 405.35 507.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.87 507.95 Td ($26.4 ) Tj ET Q q 0 0 0 rg BT 441.40 507.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.91 507.95 Td ( ) Tj ET Q q 0 0 0 rg BT 469.92 507.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.93 507.95 Td (6.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.45 507.95 Td ( ) Tj ET Q q 0 0 0 rg BT 504.46 507.95 Td (over ) Tj ET Q q 0 0 0 rg BT 524.98 507.95 Td (the ) Tj ET Q q 0 0 0 rg BT 540.50 507.95 Td (same ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 494.45 Td (period ) Tj ET Q q 0 0 0 rg BT 100.22 494.45 Td (last ) Tj ET Q q 0 0 0 rg BT 117.42 494.45 Td (year) Tj ET Q q 0 0 0 rg BT 134.43 494.45 Td (. ) Tj ET Q q 0 0 0 rg BT 140.13 494.45 Td (On ) Tj ET Q q 0 0 0 rg BT 155.33 494.45 Td (a ) Tj ET Q q 0 0 0 rg BT 163.54 494.45 Td (constant ) Tj ET Q q 0 0 0 rg BT 200.76 494.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 238.46 494.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 265.17 494.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 300.89 494.45 Td (decreased ) Tj ET Q q 0 0 0 rg BT 346.12 494.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.82 494.45 Td ($10.6 ) Tj ET Q q 0 0 0 rg BT 384.54 494.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.05 494.45 Td ( ) Tj ET Q q 0 0 0 rg BT 413.25 494.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 494.45 Td (2.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.96 494.45 Td (. ) Tj ET Q q 0 0 0 rg BT 450.45 494.45 Td (The ) Tj ET Q q 0 0 0 rg BT 469.16 494.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 509.38 494.45 Td (was ) Tj ET Q q 0 0 0 rg BT 528.58 494.45 Td (due ) Tj ET Q q 0 0 0 rg BT 546.80 494.45 Td (to ) Tj ET Q q 0 0 0 rg BT 557.50 494.45 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 480.95 Td (favourable ) Tj ET Q q 0 0 0 rg BT 116.64 480.95 Td (volume ) Tj ET Q q 0 0 0 rg BT 148.27 480.95 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 194.90 480.95 Td (in ) Tj ET Q q 0 0 0 rg BT 204.52 480.95 Td (the ) Tj ET Q q 0 0 0 rg BT 219.65 480.95 Td (prior ) Tj ET Q q 0 0 0 rg BT 240.26 480.95 Td (year ) Tj ET Q q 0 0 0 rg BT 260.38 480.95 Td (and ) Tj ET Q q 0 0 0 rg BT 278.01 480.95 Td (a ) Tj ET Q q 0 0 0 rg BT 285.63 480.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 325.27 480.95 Td (in ) Tj ET Q q 0 0 0 rg BT 334.89 480.95 Td (IP) Tj ET Q q 0 0 0 rg BT 343.23 480.95 Td ( ) Tj ET Q q 0 0 0 rg BT 345.84 480.95 Td (license ) Tj ET Q q 0 0 0 rg BT 376.47 480.95 Td (sales. ) Tj ET Q q 0 0 0 rg BT 402.42 480.95 Td (This ) Tj ET Q q 0 0 0 rg BT 422.04 480.95 Td (was ) Tj ET Q q 0 0 0 rg BT 440.65 480.95 Td (partly ) Tj ET Q q 0 0 0 rg BT 465.27 480.95 Td (of) Tj ET Q q 0 0 0 rg BT 472.62 480.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 489.74 480.95 Td (by ) Tj ET Q q 0 0 0 rg BT 501.85 480.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 543.49 480.95 Td (work ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 467.45 Td (volume ) Tj ET Q q 0 0 0 rg BT 103.51 467.45 Td (within ) Tj ET Q q 0 0 0 rg BT 129.02 467.45 Td (civilian ) Tj ET Q q 0 0 0 rg BT 158.53 467.45 Td (agencies.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 447.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.24 447.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.48 447.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.24 447.95 Td (months ) Tj ET Q q 0 0 0 rg BT 155.49 447.95 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 180.51 447.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.25 447.95 Td (June30, ) Tj ET Q q 0 0 0 rg BT 220.51 447.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.53 447.95 Td (, ) Tj ET Q q 0 0 0 rg BT 245.77 447.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 281.03 447.95 Td (in ) Tj ET Q q 0 0 0 rg BT 290.77 447.95 Td (our ) Tj ET Q q 0 0 0 rg BT 306.52 447.95 Td ( ) Tj ET Q q 0 0 0 rg BT 309.25 447.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 329.49 447.95 Td (Federal ) Tj ET Q q 0 0 0 rg BT 362.75 447.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 400.00 447.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.74 447.95 Td ($1,105.1 ) Tj ET Q q 0 0 0 rg BT 456.51 447.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.02 447.95 Td (, ) Tj ET Q q 0 0 0 rg BT 487.25 447.95 Td (a ) Tj ET Q q 0 0 0 rg BT 495.00 447.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 534.76 447.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.00 447.95 Td ($4.4 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 434.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 434.45 Td ( ) Tj ET Q q 0 0 0 rg BT 100.34 434.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 111.19 434.45 Td (0.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.70 434.45 Td ( ) Tj ET Q q 0 0 0 rg BT 134.54 434.45 Td (over ) Tj ET Q q 0 0 0 rg BT 154.89 434.45 Td (the ) Tj ET Q q 0 0 0 rg BT 170.24 434.45 Td (same ) Tj ET Q q 0 0 0 rg BT 195.08 434.45 Td (period ) Tj ET Q q 0 0 0 rg BT 222.94 434.45 Td (last ) Tj ET Q q 0 0 0 rg BT 239.78 434.45 Td (year) Tj ET Q q 0 0 0 rg BT 256.79 434.45 Td (. ) Tj ET Q q 0 0 0 rg BT 262.13 434.45 Td (On ) Tj ET Q q 0 0 0 rg BT 276.98 434.45 Td (a ) Tj ET Q q 0 0 0 rg BT 284.82 434.45 Td (constant ) Tj ET Q q 0 0 0 rg BT 321.68 434.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 359.03 434.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 385.38 434.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 420.75 434.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 462.61 434.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.95 434.45 Td ($45.7 ) Tj ET Q q 0 0 0 rg BT 500.31 434.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.82 434.45 Td ( ) Tj ET Q q 0 0 0 rg BT 528.66 434.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.50 434.45 Td (4.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.01 434.45 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 420.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.54 420.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 127.60 420.95 Td (was ) Tj ET Q q 0 0 0 rg BT 146.64 420.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 174.18 420.95 Td (by ) Tj ET Q q 0 0 0 rg BT 186.73 420.95 Td (a ) Tj ET Q q 0 0 0 rg BT 194.77 420.95 Td (balanced ) Tj ET Q q 0 0 0 rg BT 234.33 420.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 264.38 420.95 Td (between ) Tj ET Q q 0 0 0 rg BT 301.44 420.95 Td (civilian ) Tj ET Q q 0 0 0 rg BT 331.49 420.95 Td (and ) Tj ET Q q 0 0 0 rg BT 349.54 420.95 Td (defense ) Tj ET Q q 0 0 0 rg BT 384.60 420.95 Td (agencies, ) Tj ET Q q 0 0 0 rg BT 426.16 420.95 Td (as ) Tj ET Q q 0 0 0 rg BT 438.70 420.95 Td (well ) Tj ET Q q 0 0 0 rg BT 457.24 420.95 Td (as ) Tj ET Q q 0 0 0 rg BT 469.78 420.95 Td (the ) Tj ET Q q 0 0 0 rg BT 485.33 420.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 514.87 420.95 Td (of ) Tj ET Q q 0 0 0 rg BT 525.41 420.95 Td (a ) Tj ET Q q 0 0 0 rg BT 533.45 420.95 Td (work ) Tj ET Q q 0 0 0 rg BT 555.49 420.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 407.45 Td (progress ) Tj ET Q q 0 0 0 rg BT 109.52 407.45 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 156.04 407.45 Td (in ) Tj ET Q q 0 0 0 rg BT 165.55 407.45 Td (the ) Tj ET Q q 0 0 0 rg BT 180.56 407.45 Td (prior ) Tj ET Q q 0 0 0 rg BT 201.06 407.45 Td (year) Tj ET Q q 0 0 0 rg BT 218.07 407.45 Td (. ) Tj ET Q q 0 0 0 rg BT 222.91 407.45 Td (The ) Tj ET Q q 0 0 0 rg BT 240.92 407.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 277.44 407.45 Td (was ) Tj ET Q q 0 0 0 rg BT 295.95 407.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 320.45 407.45 Td (of) Tj ET Q q 0 0 0 rg BT 327.80 407.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 344.80 407.45 Td (by ) Tj ET Q q 0 0 0 rg BT 356.81 407.45 Td (a ) Tj ET Q q 0 0 0 rg BT 364.32 407.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 403.84 407.45 Td (in ) Tj ET Q q 0 0 0 rg BT 413.35 407.45 Td (IP) Tj ET Q q 0 0 0 rg BT 421.69 407.45 Td ( ) Tj ET Q q 0 0 0 rg BT 424.19 407.45 Td (license ) Tj ET Q q 0 0 0 rg BT 454.70 407.45 Td (sales.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 387.95 Td (For ) Tj ET Q q 0 0 0 rg BT 87.91 387.95 Td (the ) Tj ET Q q 0 0 0 rg BT 102.82 387.95 Td (three ) Tj ET Q q 0 0 0 rg BT 125.74 387.95 Td (and ) Tj ET Q q 0 0 0 rg BT 143.16 387.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 162.58 387.95 Td (months ) Tj ET Q q 0 0 0 rg BT 194.50 387.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 221.93 387.95 Td (months ) Tj ET Q q 0 0 0 rg BT 253.85 387.95 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.29 387.95 Td (June30, ) Tj ET Q q 0 0 0 rg BT 318.22 387.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.24 387.95 Td (, ) Tj ET Q q 0 0 0 rg BT 343.15 387.95 Td (80% ) Tj ET Q q 0 0 0 rg BT 363.56 387.95 Td (of ) Tj ET Q q 0 0 0 rg BT 373.48 387.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 412.90 387.95 Td (within ) Tj ET Q q 0 0 0 rg BT 438.32 387.95 Td (the ) Tj ET Q q 0 0 0 rg BT 453.24 387.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 473.14 387.95 Td (Federal ) Tj ET Q q 0 0 0 rg BT 506.07 387.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 542.99 387.95 Td (were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 374.45 Td (Federal ) Tj ET Q q 0 0 0 rg BT 105.02 374.45 Td (civilian ) Tj ET Q q 0 0 0 rg BT 134.53 374.45 Td (based. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 345.95 Td (3.4.6. ) Tj ET Q q 0 0 0 rg BT 98.52 345.95 Td (U.K.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 326.45 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.42 326.45 Td (in ) Tj ET Q q 0 0 0 rg BT 119.83 326.45 Td (our ) Tj ET Q q 0 0 0 rg BT 135.23 326.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 155.13 326.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 192.05 326.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.45 326.45 Td ($342.8 ) Tj ET Q q 0 0 0 rg BT 240.38 326.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 265.89 326.45 Td ( ) Tj ET Q q 0 0 0 rg BT 268.28 326.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 277.69 326.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 289.69 326.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.09 326.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.11 326.45 Td (, ) Tj ET Q q 0 0 0 rg BT 317.01 326.45 Td (an ) Tj ET Q q 0 0 0 rg BT 329.42 326.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 365.83 326.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.74 326.45 Td ($12.6 ) Tj ET Q q 0 0 0 rg BT 400.66 326.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.16 326.45 Td ( ) Tj ET Q q 0 0 0 rg BT 428.56 326.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.96 326.45 Td (3.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.48 326.45 Td ( ) Tj ET Q q 0 0 0 rg BT 461.87 326.45 Td (over ) Tj ET Q q 0 0 0 rg BT 481.78 326.45 Td (the ) Tj ET Q q 0 0 0 rg BT 496.69 326.45 Td (same ) Tj ET Q q 0 0 0 rg BT 521.09 326.45 Td (period ) Tj ET Q q 0 0 0 rg BT 548.51 326.45 Td (last ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 312.95 Td (year) Tj ET Q q 0 0 0 rg BT 89.01 312.95 Td (. ) Tj ET Q q 0 0 0 rg BT 93.78 312.95 Td (On ) Tj ET Q q 0 0 0 rg BT 108.06 312.95 Td (a ) Tj ET Q q 0 0 0 rg BT 115.34 312.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 151.63 312.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 188.41 312.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 214.19 312.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 248.99 312.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 290.28 312.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.06 312.95 Td ($5.1 ) Tj ET Q q 0 0 0 rg BT 321.85 312.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.35 312.95 Td ( ) Tj ET Q q 0 0 0 rg BT 349.62 312.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.90 312.95 Td (1.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.41 312.95 Td (. ) Tj ET Q q 0 0 0 rg BT 385.03 312.95 Td (The ) Tj ET Q q 0 0 0 rg BT 402.81 312.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 439.10 312.95 Td (in ) Tj ET Q q 0 0 0 rg BT 448.38 312.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 483.17 312.95 Td (was ) Tj ET Q q 0 0 0 rg BT 501.45 312.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 537.72 312.95 Td (due ) Tj ET Q q 0 0 0 rg BT 555.01 312.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 299.45 Td (new ) Tj ET Q q 0 0 0 rg BT 91.33 299.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 140.68 299.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 180.02 299.45 Td (within ) Tj ET Q q 0 0 0 rg BT 205.85 299.45 Td (the ) Tj ET Q q 0 0 0 rg BT 221.18 299.45 Td (government ) Tj ET Q q 0 0 0 rg BT 271.53 299.45 Td (and ) Tj ET Q q 0 0 0 rg BT 289.37 299.45 Td (communications ) Tj ET Q q 0 0 0 rg BT 357.22 299.45 Td (& ) Tj ET Q q 0 0 0 rg BT 366.04 299.45 Td (utilities ) Tj ET Q q 0 0 0 rg BT 396.37 299.45 Td (vertical ) Tj ET Q q 0 0 0 rg BT 427.70 299.45 Td (markets. ) Tj ET Q q 0 0 0 rg BT 464.85 299.45 Td (This ) Tj ET Q q 0 0 0 rg BT 484.67 299.45 Td (was ) Tj ET Q q 0 0 0 rg BT 503.50 299.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 528.33 299.45 Td (of) Tj ET Q q 0 0 0 rg BT 535.67 299.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 553.00 299.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 285.95 Td (non-renewal ) Tj ET Q q 0 0 0 rg BT 139.04 285.95 Td (of ) Tj ET Q q 0 0 0 rg BT 149.05 285.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 178.56 285.95 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 233.58 285.95 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 282.61 285.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 321.63 285.95 Td (and ) Tj ET Q q 0 0 0 rg BT 339.14 285.95 Td (project ) Tj ET Q q 0 0 0 rg BT 368.66 285.95 Td (completions ) Tj ET Q q 0 0 0 rg BT 419.18 285.95 Td (in ) Tj ET Q q 0 0 0 rg BT 428.69 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 443.70 285.95 Td (MRD ) Tj ET Q q 0 0 0 rg BT 466.69 285.95 Td (vertical ) Tj ET Q q 0 0 0 rg BT 497.70 285.95 Td (market.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 266.45 Td (For ) Tj ET Q q 0 0 0 rg BT 88.20 266.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.41 266.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.13 266.45 Td (months ) Tj ET Q q 0 0 0 rg BT 155.34 266.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.07 266.45 Td (June ) Tj ET Q q 0 0 0 rg BT 205.29 266.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 220.50 266.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.52 266.45 Td (, ) Tj ET Q q 0 0 0 rg BT 245.72 266.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 280.95 266.45 Td (in ) Tj ET Q q 0 0 0 rg BT 290.65 266.45 Td (our ) Tj ET Q q 0 0 0 rg BT 306.36 266.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 326.56 266.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 363.78 266.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.49 266.45 Td ($961.3 ) Tj ET Q q 0 0 0 rg BT 412.72 266.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.22 266.45 Td (, ) Tj ET Q q 0 0 0 rg BT 443.43 266.45 Td (a ) Tj ET Q q 0 0 0 rg BT 451.13 266.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 490.86 266.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.06 266.45 Td ($31.2 ) Tj ET Q q 0 0 0 rg BT 526.29 266.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.79 266.45 Td ( ) Tj ET Q q 0 0 0 rg BT 554.49 266.45 Td (or ) Tj ET Q q 0 0 0 rg BT 564.99 266.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 252.95 Td (3.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.51 252.95 Td ( ) Tj ET Q q 0 0 0 rg BT 94.63 252.95 Td (over ) Tj ET Q q 0 0 0 rg BT 114.26 252.95 Td (the ) Tj ET Q q 0 0 0 rg BT 128.89 252.95 Td (same ) Tj ET Q q 0 0 0 rg BT 153.01 252.95 Td (period ) Tj ET Q q 0 0 0 rg BT 180.15 252.95 Td (last ) Tj ET Q q 0 0 0 rg BT 196.27 252.95 Td (year) Tj ET Q q 0 0 0 rg BT 213.28 252.95 Td (. ) Tj ET Q q 0 0 0 rg BT 217.90 252.95 Td (On ) Tj ET Q q 0 0 0 rg BT 232.03 252.95 Td (a ) Tj ET Q q 0 0 0 rg BT 239.15 252.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 275.29 252.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 311.92 252.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 337.55 252.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 372.19 252.95 Td (decreased ) Tj ET Q q 0 0 0 rg BT 416.34 252.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.96 252.95 Td ($67.2 ) Tj ET Q q 0 0 0 rg BT 452.60 252.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.11 252.95 Td ( ) Tj ET Q q 0 0 0 rg BT 480.23 252.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.35 252.95 Td (6.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.86 252.95 Td (. ) Tj ET Q q 0 0 0 rg BT 515.34 252.95 Td (The ) Tj ET Q q 0 0 0 rg BT 532.97 252.95 Td (change ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 239.45 Td (in ) Tj ET Q q 0 0 0 rg BT 82.48 239.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 118.49 239.45 Td (was ) Tj ET Q q 0 0 0 rg BT 137.97 239.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 167.45 239.45 Td (due ) Tj ET Q q 0 0 0 rg BT 185.95 239.45 Td (to ) Tj ET Q q 0 0 0 rg BT 196.93 239.45 Td (the ) Tj ET Q q 0 0 0 rg BT 212.92 239.45 Td (prior ) Tj ET Q q 0 0 0 rg BT 234.41 239.45 Td (year's ) Tj ET Q q 0 0 0 rg BT 261.61 239.45 Td (net ) Tj ET Q q 0 0 0 rg BT 277.60 239.45 Td (positive ) Tj ET Q q 0 0 0 rg BT 311.59 239.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 341.58 239.45 Td (of ) Tj ET Q q 0 0 0 rg BT 352.57 239.45 Td (change ) Tj ET Q q 0 0 0 rg BT 385.57 239.45 Td (requests ) Tj ET Q q 0 0 0 rg BT 423.57 239.45 Td (on ) Tj ET Q q 0 0 0 rg BT 437.06 239.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 467.55 239.45 Td (projects, ) Tj ET Q q 0 0 0 rg BT 505.04 239.45 Td (as ) Tj ET Q q 0 0 0 rg BT 518.03 239.45 Td (well ) Tj ET Q q 0 0 0 rg BT 537.01 239.45 Td (as ) Tj ET Q q 0 0 0 rg BT 549.99 239.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 225.95 Td (favourable ) Tj ET Q q 0 0 0 rg BT 116.53 225.95 Td (renegotiation ) Tj ET Q q 0 0 0 rg BT 171.07 225.95 Td (of ) Tj ET Q q 0 0 0 rg BT 181.08 225.95 Td (a ) Tj ET Q q 0 0 0 rg BT 188.58 225.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 207.09 225.95 Td (making ) Tj ET Q q 0 0 0 rg BT 238.60 225.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 273.12 225.95 Td (in ) Tj ET Q q 0 0 0 rg BT 282.62 225.95 Td (the ) Tj ET Q q 0 0 0 rg BT 297.63 225.95 Td (prior ) Tj ET Q q 0 0 0 rg BT 318.14 225.95 Td (year) Tj ET Q q 0 0 0 rg BT 335.15 225.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 206.45 Td (On ) Tj ET Q q 0 0 0 rg BT 86.46 206.45 Td (a ) Tj ET Q q 0 0 0 rg BT 93.92 206.45 Td (client ) Tj ET Q q 0 0 0 rg BT 117.39 206.45 Td (geographic ) Tj ET Q q 0 0 0 rg BT 164.38 206.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 190.35 206.45 Td (the ) Tj ET Q q 0 0 0 rg BT 205.32 206.45 Td (top ) Tj ET Q q 0 0 0 rg BT 220.28 206.45 Td (two ) Tj ET Q q 0 0 0 rg BT 236.75 206.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 256.71 206.45 Td (vertical ) Tj ET Q q 0 0 0 rg BT 287.67 206.45 Td (markets ) Tj ET Q q 0 0 0 rg BT 322.13 206.45 Td (were ) Tj ET Q q 0 0 0 rg BT 344.10 206.45 Td (government ) Tj ET Q q 0 0 0 rg BT 394.08 206.45 Td (and ) Tj ET Q q 0 0 0 rg BT 411.55 206.45 Td (communications ) Tj ET Q q 0 0 0 rg BT 479.03 206.45 Td (& ) Tj ET Q q 0 0 0 rg BT 487.49 206.45 Td (utilities, ) Tj ET Q q 0 0 0 rg BT 519.96 206.45 Td (generating ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 192.95 Td (combined ) Tj ET Q q 0 0 0 rg BT 114.23 192.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 154.46 192.95 Td (of ) Tj ET Q q 0 0 0 rg BT 165.17 192.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 224.40 192.95 Td ( ) Tj ET Q q 0 0 0 rg BT 227.61 192.95 Td ($271 ) Tj ET Q q 0 0 0 rg BT 250.84 192.95 Td (million ) Tj ET Q q 0 0 0 rg BT 279.55 192.95 Td (and ) Tj ET Q q 0 0 0 rg BT 297.77 192.95 Td ($741 ) Tj ET Q q 0 0 0 rg BT 321.00 192.95 Td (million ) Tj ET Q q 0 0 0 rg BT 349.71 192.95 Td (for ) Tj ET Q q 0 0 0 rg BT 363.42 192.95 Td (the ) Tj ET Q q 0 0 0 rg BT 379.14 192.95 Td (three ) Tj ET Q q 0 0 0 rg BT 402.86 192.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.08 192.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 441.30 192.95 Td (months ) Tj ET Q q 0 0 0 rg BT 474.02 192.95 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.05 192.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.25 192.95 Td (June30, ) Tj ET Q q 0 0 0 rg BT 539.99 192.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.01 192.95 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 179.45 Td (respectively) Tj ET Q q 0 0 0 rg BT 118.85 179.45 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 150.95 Td (3.4.7. ) Tj ET Q q 0 0 0 rg BT 98.52 150.95 Td (ECS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 131.45 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.38 131.45 Td (in ) Tj ET Q q 0 0 0 rg BT 119.73 131.45 Td (our ) Tj ET Q q 0 0 0 rg BT 135.09 131.45 Td (ECS ) Tj ET Q q 0 0 0 rg BT 155.95 131.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 192.82 131.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 211.18 131.45 Td ($325.9 ) Tj ET Q q 0 0 0 rg BT 241.06 131.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 266.56 131.45 Td ( ) Tj ET Q q 0 0 0 rg BT 268.91 131.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 278.27 131.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.28 131.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.63 131.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.65 131.45 Td (, ) Tj ET Q q 0 0 0 rg BT 317.50 131.45 Td (an ) Tj ET Q q 0 0 0 rg BT 329.86 131.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 366.23 131.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.09 131.45 Td ($23.7 ) Tj ET Q q 0 0 0 rg BT 400.96 131.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.47 131.45 Td ( ) Tj ET Q q 0 0 0 rg BT 428.82 131.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.18 131.45 Td (7.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.69 131.45 Td ( ) Tj ET Q q 0 0 0 rg BT 462.04 131.45 Td (over ) Tj ET Q q 0 0 0 rg BT 481.90 131.45 Td (the ) Tj ET Q q 0 0 0 rg BT 496.76 131.45 Td (same ) Tj ET Q q 0 0 0 rg BT 521.12 131.45 Td (period ) Tj ET Q q 0 0 0 rg BT 548.49 131.45 Td (last ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 117.95 Td (year) Tj ET Q q 0 0 0 rg BT 89.01 117.95 Td (. ) Tj ET Q q 0 0 0 rg BT 93.95 117.95 Td (On ) Tj ET Q q 0 0 0 rg BT 108.40 117.95 Td (a ) Tj ET Q q 0 0 0 rg BT 115.85 117.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 152.32 117.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 189.27 117.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 215.22 117.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 250.19 117.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 291.66 117.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.60 117.95 Td ($12.1 ) Tj ET Q q 0 0 0 rg BT 328.57 117.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.08 117.95 Td ( ) Tj ET Q q 0 0 0 rg BT 356.52 117.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.96 117.95 Td (4.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.48 117.95 Td (. ) Tj ET Q q 0 0 0 rg BT 392.26 117.95 Td (The ) Tj ET Q q 0 0 0 rg BT 410.21 117.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 446.67 117.95 Td (in ) Tj ET Q q 0 0 0 rg BT 456.12 117.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 491.09 117.95 Td (was ) Tj ET Q q 0 0 0 rg BT 509.54 117.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 537.99 117.95 Td (driven ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 104.45 Td (by ) Tj ET Q q 0 0 0 rg BT 84.16 104.45 Td (market ) Tj ET Q q 0 0 0 rg BT 114.32 104.45 Td (strength ) Tj ET Q q 0 0 0 rg BT 149.50 104.45 Td (in ) Tj ET Q q 0 0 0 rg BT 159.16 104.45 Td (Germany ) Tj ET Q q 0 0 0 rg BT 198.83 104.45 Td (and, ) Tj ET Q q 0 0 0 rg BT 219.00 104.45 Td (to ) Tj ET Q q 0 0 0 rg BT 229.17 104.45 Td (a ) Tj ET Q q 0 0 0 rg BT 236.83 104.45 Td (lessor ) Tj ET Q q 0 0 0 rg BT 263.49 104.45 Td (extent, ) Tj ET Q q 0 0 0 rg BT 293.17 104.45 Td (from ) Tj ET Q q 0 0 0 rg BT 313.82 104.45 Td (incremental ) Tj ET Q q 0 0 0 rg BT 363.00 104.45 Td (working ) Tj ET Q q 0 0 0 rg BT 396.67 104.45 Td (days. ) Tj ET Q q 0 0 0 rg BT 420.66 104.45 Td (This ) Tj ET Q q 0 0 0 rg BT 440.32 104.45 Td (was ) Tj ET Q q 0 0 0 rg BT 458.98 104.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 483.65 104.45 Td (of) Tj ET Q q 0 0 0 rg BT 490.99 104.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 508.16 104.45 Td (by ) Tj ET Q q 0 0 0 rg BT 520.32 104.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 547.99 104.45 Td (use ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 90.95 Td (of ) Tj ET Q q 0 0 0 rg BT 82.01 90.95 Td (our ) Tj ET Q q 0 0 0 rg BT 97.51 90.95 Td (of) Tj ET Q q 0 0 0 rg BT 104.86 90.95 Td (fshore ) Tj ET Q q 0 0 0 rg BT 132.37 90.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 165.88 90.95 Td (centers ) Tj ET Q q 0 0 0 rg BT 197.90 90.95 Td (in ) Tj ET Q q 0 0 0 rg BT 206.91 90.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 226.92 90.95 Td (Pacific.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.06 708.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.13 708.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 122.70 708.95 Td (months ) Tj ET Q q 0 0 0 rg BT 154.77 708.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 182.36 708.95 Td (June ) Tj ET Q q 0 0 0 rg BT 204.43 708.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 219.50 708.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.52 708.95 Td (, ) Tj ET Q q 0 0 0 rg BT 244.58 708.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 279.66 708.95 Td (in ) Tj ET Q q 0 0 0 rg BT 289.23 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 304.79 708.95 Td (ECS ) Tj ET Q q 0 0 0 rg BT 325.86 708.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 362.93 708.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.50 708.95 Td ($957.9 ) Tj ET Q q 0 0 0 rg BT 411.58 708.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.09 708.95 Td (, ) Tj ET Q q 0 0 0 rg BT 442.15 708.95 Td (an ) Tj ET Q q 0 0 0 rg BT 454.71 708.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 491.29 708.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.35 708.95 Td ($79.5 ) Tj ET Q q 0 0 0 rg BT 526.44 708.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.94 708.95 Td ( ) Tj ET Q q 0 0 0 rg BT 554.50 708.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (9.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.51 695.45 Td ( ) Tj ET Q q 0 0 0 rg BT 94.56 695.45 Td (over ) Tj ET Q q 0 0 0 rg BT 114.11 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 128.66 695.45 Td (same ) Tj ET Q q 0 0 0 rg BT 152.72 695.45 Td (period ) Tj ET Q q 0 0 0 rg BT 179.78 695.45 Td (last ) Tj ET Q q 0 0 0 rg BT 195.83 695.45 Td (year) Tj ET Q q 0 0 0 rg BT 212.84 695.45 Td (. ) Tj ET Q q 0 0 0 rg BT 217.38 695.45 Td (On ) Tj ET Q q 0 0 0 rg BT 231.43 695.45 Td (a ) Tj ET Q q 0 0 0 rg BT 238.48 695.45 Td (constant ) Tj ET Q q 0 0 0 rg BT 274.55 695.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 311.10 695.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 336.66 695.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 371.23 695.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 412.29 695.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.84 695.45 Td ($25.2 ) Tj ET Q q 0 0 0 rg BT 448.41 695.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.91 695.45 Td ( ) Tj ET Q q 0 0 0 rg BT 475.96 695.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.00 695.45 Td (2.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.52 695.45 Td (. ) Tj ET Q q 0 0 0 rg BT 510.93 695.45 Td (The ) Tj ET Q q 0 0 0 rg BT 528.48 695.45 Td (increase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 681.95 Td (in ) Tj ET Q q 0 0 0 rg BT 81.51 681.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 116.53 681.95 Td (was ) Tj ET Q q 0 0 0 rg BT 135.04 681.95 Td (mostly ) Tj ET Q q 0 0 0 rg BT 163.54 681.95 Td (due ) Tj ET Q q 0 0 0 rg BT 181.05 681.95 Td (to ) Tj ET Q q 0 0 0 rg BT 191.06 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 206.07 681.95 Td (same ) Tj ET Q q 0 0 0 rg BT 230.58 681.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 260.09 681.95 Td (identified ) Tj ET Q q 0 0 0 rg BT 298.62 681.95 Td (for ) Tj ET Q q 0 0 0 rg BT 311.62 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 326.63 681.95 Td (quarter) Tj ET Q q 0 0 0 rg BT 354.65 681.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (On ) Tj ET Q q 0 0 0 rg BT 85.74 662.45 Td (a ) Tj ET Q q 0 0 0 rg BT 92.49 662.45 Td (client ) Tj ET Q q 0 0 0 rg BT 115.23 662.45 Td (geographic ) Tj ET Q q 0 0 0 rg BT 161.50 662.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 186.75 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 201.00 662.45 Td (top ) Tj ET Q q 0 0 0 rg BT 215.25 662.45 Td (two ) Tj ET Q q 0 0 0 rg BT 230.99 662.45 Td (ECS ) Tj ET Q q 0 0 0 rg BT 251.24 662.45 Td (vertical ) Tj ET Q q 0 0 0 rg BT 281.48 662.45 Td (markets ) Tj ET Q q 0 0 0 rg BT 315.22 662.45 Td (were ) Tj ET Q q 0 0 0 rg BT 336.47 662.45 Td (MRD ) Tj ET Q q 0 0 0 rg BT 358.70 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 375.45 662.45 Td (communications ) Tj ET Q q 0 0 0 rg BT 442.22 662.45 Td (& ) Tj ET Q q 0 0 0 rg BT 449.96 662.45 Td (utilities ) Tj ET Q q 0 0 0 rg BT 479.20 662.45 Td (generating ) Tj ET Q q 0 0 0 rg BT 523.48 662.45 Td (combined ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 111.37 648.95 Td (of ) Tj ET Q q 0 0 0 rg BT 121.22 648.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 179.59 648.95 Td ($207 ) Tj ET Q q 0 0 0 rg BT 201.95 648.95 Td (million ) Tj ET Q q 0 0 0 rg BT 229.80 648.95 Td (and ) Tj ET Q q 0 0 0 rg BT 247.16 648.95 Td ($604 ) Tj ET Q q 0 0 0 rg BT 269.53 648.95 Td (million ) Tj ET Q q 0 0 0 rg BT 297.38 648.95 Td (for ) Tj ET Q q 0 0 0 rg BT 310.23 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 325.08 648.95 Td (three ) Tj ET Q q 0 0 0 rg BT 347.94 648.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 365.30 648.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 384.66 648.95 Td (months ) Tj ET Q q 0 0 0 rg BT 416.52 648.95 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.55 648.95 Td ( ) Tj ET Q q 0 0 0 rg BT 443.89 648.95 Td (months ) Tj ET Q q 0 0 0 rg BT 475.75 648.95 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.12 648.95 Td (June30, ) Tj ET Q q 0 0 0 rg BT 539.99 648.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.01 648.95 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.45 Td (respectively) Tj ET Q q 0 0 0 rg BT 118.85 635.45 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 606.95 Td (3.4.8. ) Tj ET Q q 0 0 0 rg BT 98.18 606.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 119.70 606.95 Td (Pacific) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 587.45 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 110.19 587.45 Td (in ) Tj ET Q q 0 0 0 rg BT 119.37 587.45 Td (our ) Tj ET Q q 0 0 0 rg BT 134.11 587.45 Td (Asia ) Tj ET Q q 0 0 0 rg BT 153.78 587.45 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 182.46 587.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 219.15 587.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 237.32 587.45 Td ($150.5 ) Tj ET Q q 0 0 0 rg BT 267.01 587.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.52 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 294.68 587.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.86 587.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.86 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 318.03 587.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.05 587.45 Td (, ) Tj ET Q q 0 0 0 rg BT 342.72 587.45 Td (a ) Tj ET Q q 0 0 0 rg BT 349.89 587.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 389.08 587.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.75 587.45 Td ($3.2 ) Tj ET Q q 0 0 0 rg BT 418.44 587.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.94 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 446.11 587.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.28 587.45 Td (2.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 476.79 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 478.96 587.45 Td (over ) Tj ET Q q 0 0 0 rg BT 498.64 587.45 Td (the ) Tj ET Q q 0 0 0 rg BT 513.31 587.45 Td (same ) Tj ET Q q 0 0 0 rg BT 537.49 587.45 Td (period ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 573.95 Td (last ) Tj ET Q q 0 0 0 rg BT 87.87 573.95 Td (year) Tj ET Q q 0 0 0 rg BT 104.89 573.95 Td (. ) Tj ET Q q 0 0 0 rg BT 109.26 573.95 Td (On ) Tj ET Q q 0 0 0 rg BT 123.13 573.95 Td (a ) Tj ET Q q 0 0 0 rg BT 130.00 573.95 Td (constant ) Tj ET Q q 0 0 0 rg BT 165.90 573.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 202.28 573.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 227.66 573.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 262.05 573.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 302.94 573.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.32 573.95 Td ($8.7 ) Tj ET Q q 0 0 0 rg BT 333.70 573.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.21 573.95 Td ( ) Tj ET Q q 0 0 0 rg BT 361.08 573.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.95 573.95 Td (5.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.46 573.95 Td (. ) Tj ET Q q 0 0 0 rg BT 395.71 573.95 Td (The ) Tj ET Q q 0 0 0 rg BT 413.09 573.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 448.97 573.95 Td (in ) Tj ET Q q 0 0 0 rg BT 457.85 573.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 492.24 573.95 Td (was ) Tj ET Q q 0 0 0 rg BT 510.12 573.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 537.99 573.95 Td (driven ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 560.45 Td (by ) Tj ET Q q 0 0 0 rg BT 84.01 560.45 Td (the ) Tj ET Q q 0 0 0 rg BT 99.02 560.45 Td (continued ) Tj ET Q q 0 0 0 rg BT 140.55 560.45 Td (demand ) Tj ET Q q 0 0 0 rg BT 175.57 560.45 Td (for ) Tj ET Q q 0 0 0 rg BT 188.58 560.45 Td (our ) Tj ET Q q 0 0 0 rg BT 204.09 560.45 Td (of) Tj ET Q q 0 0 0 rg BT 211.43 560.45 Td (fshore ) Tj ET Q q 0 0 0 rg BT 238.94 560.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 272.46 560.45 Td (centers, ) Tj ET Q q 0 0 0 rg BT 306.97 560.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 331.48 560.45 Td (of) Tj ET Q q 0 0 0 rg BT 338.82 560.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 355.83 560.45 Td (by ) Tj ET Q q 0 0 0 rg BT 367.84 560.45 Td (successful ) Tj ET Q q 0 0 0 rg BT 412.35 560.45 Td (project ) Tj ET Q q 0 0 0 rg BT 441.87 560.45 Td (completions ) Tj ET Q q 0 0 0 rg BT 492.39 560.45 Td (in ) Tj ET Q q 0 0 0 rg BT 501.40 560.45 Td (Australia.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 540.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.62 540.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.25 540.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 124.38 540.95 Td (months ) Tj ET Q q 0 0 0 rg BT 157.01 540.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.15 540.95 Td (June ) Tj ET Q q 0 0 0 rg BT 207.79 540.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 223.42 540.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.44 540.95 Td (, ) Tj ET Q q 0 0 0 rg BT 249.05 540.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 284.70 540.95 Td (in ) Tj ET Q q 0 0 0 rg BT 294.82 540.95 Td (our ) Tj ET Q q 0 0 0 rg BT 310.32 540.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 330.95 540.95 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 360.57 540.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 398.21 540.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.33 540.95 Td ($458.7 ) Tj ET Q q 0 0 0 rg BT 447.98 540.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.48 540.95 Td (, ) Tj ET Q q 0 0 0 rg BT 479.10 540.95 Td (an ) Tj ET Q q 0 0 0 rg BT 492.23 540.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 529.36 540.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.99 540.95 Td ($15.6 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 527.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 527.45 Td ( ) Tj ET Q q 0 0 0 rg BT 100.34 527.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 111.19 527.45 Td (3.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.70 527.45 Td ( ) Tj ET Q q 0 0 0 rg BT 134.54 527.45 Td (over ) Tj ET Q q 0 0 0 rg BT 154.89 527.45 Td (the ) Tj ET Q q 0 0 0 rg BT 170.24 527.45 Td (same ) Tj ET Q q 0 0 0 rg BT 195.08 527.45 Td (period ) Tj ET Q q 0 0 0 rg BT 222.94 527.45 Td (last ) Tj ET Q q 0 0 0 rg BT 239.78 527.45 Td (year) Tj ET Q q 0 0 0 rg BT 256.79 527.45 Td (. ) Tj ET Q q 0 0 0 rg BT 262.13 527.45 Td (On ) Tj ET Q q 0 0 0 rg BT 276.98 527.45 Td (a ) Tj ET Q q 0 0 0 rg BT 284.82 527.45 Td (constant ) Tj ET Q q 0 0 0 rg BT 321.68 527.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 359.03 527.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 385.38 527.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 420.75 527.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 462.61 527.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.95 527.45 Td ($30.7 ) Tj ET Q q 0 0 0 rg BT 500.31 527.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.82 527.45 Td ( ) Tj ET Q q 0 0 0 rg BT 528.66 527.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.50 527.45 Td (6.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.01 527.45 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 513.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.95 513.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 126.41 513.95 Td (in ) Tj ET Q q 0 0 0 rg BT 135.86 513.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 170.83 513.95 Td (was ) Tj ET Q q 0 0 0 rg BT 189.27 513.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 217.72 513.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 244.68 513.95 Td (by ) Tj ET Q q 0 0 0 rg BT 256.63 513.95 Td (the ) Tj ET Q q 0 0 0 rg BT 271.58 513.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 300.53 513.95 Td (of ) Tj ET Q q 0 0 0 rg BT 310.48 513.95 Td (the ) Tj ET Q q 0 0 0 rg BT 325.44 513.95 Td (renegotiation ) Tj ET Q q 0 0 0 rg BT 379.92 513.95 Td (of ) Tj ET Q q 0 0 0 rg BT 389.87 513.95 Td (a ) Tj ET Q q 0 0 0 rg BT 397.32 513.95 Td (client ) Tj ET Q q 0 0 0 rg BT 420.77 513.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 455.23 513.95 Td (in ) Tj ET Q q 0 0 0 rg BT 464.19 513.95 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 504.15 513.95 Td (in ) Tj ET Q q 0 0 0 rg BT 513.60 513.95 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 528.04 513.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 553.01 513.95 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 500.45 Td (well ) Tj ET Q q 0 0 0 rg BT 90.00 500.45 Td (as ) Tj ET Q q 0 0 0 rg BT 102.01 500.45 Td (the ) Tj ET Q q 0 0 0 rg BT 117.02 500.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 146.53 500.45 Td (identified ) Tj ET Q q 0 0 0 rg BT 185.06 500.45 Td (for ) Tj ET Q q 0 0 0 rg BT 198.06 500.45 Td (the ) Tj ET Q q 0 0 0 rg BT 213.07 500.45 Td (quarter) Tj ET Q q 0 0 0 rg BT 241.09 500.45 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 480.95 Td (On ) Tj ET Q q 0 0 0 rg BT 86.02 480.95 Td (a ) Tj ET Q q 0 0 0 rg BT 93.03 480.95 Td (client ) Tj ET Q q 0 0 0 rg BT 116.05 480.95 Td (geographic ) Tj ET Q q 0 0 0 rg BT 162.59 480.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 188.12 480.95 Td (the ) Tj ET Q q 0 0 0 rg BT 202.64 480.95 Td (top ) Tj ET Q q 0 0 0 rg BT 217.16 480.95 Td (two ) Tj ET Q q 0 0 0 rg BT 232.77 480.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 252.29 480.95 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 280.81 480.95 Td (vertical ) Tj ET Q q 0 0 0 rg BT 311.33 480.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 345.34 480.95 Td (were ) Tj ET Q q 0 0 0 rg BT 366.86 480.95 Td (MRD ) Tj ET Q q 0 0 0 rg BT 389.36 480.95 Td (and ) Tj ET Q q 0 0 0 rg BT 406.39 480.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 441.42 480.95 Td (services, ) Tj ET Q q 0 0 0 rg BT 478.94 480.95 Td (generating ) Tj ET Q q 0 0 0 rg BT 523.48 480.95 Td (combined ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 467.45 Td (revenues ) Tj ET Q q 0 0 0 rg BT 111.23 467.45 Td (of ) Tj ET Q q 0 0 0 rg BT 120.94 467.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 179.17 467.45 Td ($14 ) Tj ET Q q 0 0 0 rg BT 196.39 467.45 Td (million ) Tj ET Q q 0 0 0 rg BT 224.10 467.45 Td (for ) Tj ET Q q 0 0 0 rg BT 236.81 467.45 Td (the ) Tj ET Q q 0 0 0 rg BT 251.53 467.45 Td (three ) Tj ET Q q 0 0 0 rg BT 274.25 467.45 Td (months ) Tj ET Q q 0 0 0 rg BT 305.96 467.45 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.20 467.45 Td (June30, ) Tj ET Q q 0 0 0 rg BT 369.93 467.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.95 467.45 Td (. ) Tj ET Q q 0 0 0 rg BT 394.66 467.45 Td (For ) Tj ET Q q 0 0 0 rg BT 410.36 467.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.08 467.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 444.30 467.45 Td (months ) Tj ET Q q 0 0 0 rg BT 476.02 467.45 Td (ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.04 467.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.25 467.45 Td (June30, ) Tj ET Q q 0 0 0 rg BT 539.98 467.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.00 467.45 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 453.95 Td (the ) Tj ET Q q 0 0 0 rg BT 86.90 453.95 Td (top ) Tj ET Q q 0 0 0 rg BT 101.80 453.95 Td (two ) Tj ET Q q 0 0 0 rg BT 117.73 453.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 137.62 453.95 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 166.52 453.95 Td (vertical ) Tj ET Q q 0 0 0 rg BT 197.42 453.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 231.82 453.95 Td (were ) Tj ET Q q 0 0 0 rg BT 253.71 453.95 Td (government ) Tj ET Q q 0 0 0 rg BT 303.63 453.95 Td (and ) Tj ET Q q 0 0 0 rg BT 321.04 453.95 Td (communications ) Tj ET Q q 0 0 0 rg BT 388.45 453.95 Td (& ) Tj ET Q q 0 0 0 rg BT 396.85 453.95 Td (utilities, ) Tj ET Q q 0 0 0 rg BT 429.25 453.95 Td (generating ) Tj ET Q q 0 0 0 rg BT 474.17 453.95 Td (combined ) Tj ET Q q 0 0 0 rg BT 515.59 453.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 555.00 453.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 440.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 130.53 440.45 Td ($55 ) Tj ET Q q 0 0 0 rg BT 148.04 440.45 Td (million.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 411.65 Td (3.5. OPERA) Tj ET Q q 0 0 0 rg BT 122.35 411.65 Td (TING EXPENSES) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 401.15 103.00 -33.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 175.50 401.15 194.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 369.50 401.15 193.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 175.50 390.15 50.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 225.50 390.15 47.00 -22.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 272.50 390.15 50.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 322.50 390.15 47.00 -22.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 369.50 390.15 49.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 418.50 390.15 47.00 -22.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 465.50 390.15 50.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 515.50 390.15 47.00 -22.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 175.50 379.15 50.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 272.50 379.15 50.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 369.50 379.15 49.00 -11.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 465.50 379.15 50.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 175.50 368.15 50.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 225.50 368.15 47.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 369.50 368.15 49.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 418.50 368.15 47.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 175.50 348.15 50.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 225.50 348.15 47.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 369.50 348.15 49.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 418.50 348.15 47.00 -20.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 401.15 m 175.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 175.5 401.15 m 225.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 225.5 401.15 m 272.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 272.5 401.15 m 322.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 322.5 401.15 m 369.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 369.5 401.15 m 418.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 418.5 401.15 m 465.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 465.5 401.15 m 515.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 401.15 m 562.5 401.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 328.15 m 175.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 175.5 328.15 m 225.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 225.5 328.15 m 272.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 272.5 328.15 m 322.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 322.5 328.15 m 369.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 369.5 328.15 m 418.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 418.5 328.15 m 465.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 465.5 328.15 m 515.5 328.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 328.15 m 562.5 328.15 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 386.35 Td (In thousands of CAD except) Tj ET Q BT /F4 7.00 Tf ET q 1 1 1 rg BT 75.00 379.35 Td (for percentages) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 219.95 392.83 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 392.83 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 246.10 380.38 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 232.30 372.38 Td (revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 343.10 380.38 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 329.30 372.38 Td (revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 439.10 380.38 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 425.30 372.38 Td (revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 536.10 380.38 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 522.30 372.38 Td (revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 204.20 370.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 301.20 370.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 391.20 370.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 488.20 370.83 Td (2017) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 359.83 Td (Costs of services, selling) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 351.83 Td (and administrative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 186.70 356.13 Td (2,503,708) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.25 356.13 Td (85.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.85 356.13 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 283.70 356.13 Td (2,436,842) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.25 356.18 Td (85.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 355.85 356.13 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.25 356.18 Td (7,440,232) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.25 356.18 Td (85.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.85 356.13 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 472.25 356.18 Td (7,042,498) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 533.25 356.18 Td (85.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 548.85 356.13 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 336.13 Td (Foreign exchange loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 202.25 336.13 Td (1,684) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.70 336.13 Td (0.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.85 336.13 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 305.95 336.13 Td (918) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 344.70 336.13 Td (0.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 355.85 336.13 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.80 336.18 Td (1,631) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.70 336.13 Td (0.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.85 336.13 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.80 336.18 Td (3,679) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 537.70 336.13 Td (0.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 548.85 336.13 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 300.15 Td (3.5.1. ) Tj ET Q q 0 0 0 rg BT 98.52 300.15 Td (Costs ) Tj ET Q q 0 0 0 rg BT 126.02 300.15 Td (of ) Tj ET Q q 0 0 0 rg BT 137.02 300.15 Td (Services, ) Tj ET Q q 0 0 0 rg BT 179.05 300.15 Td (Selling ) Tj ET Q q 0 0 0 rg BT 211.06 300.15 Td (and ) Tj ET Q q 0 0 0 rg BT 229.22 300.15 Td (Administrative) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 280.65 Td (For ) Tj ET Q q 0 0 0 rg BT 88.66 280.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.33 280.65 Td (three ) Tj ET Q q 0 0 0 rg BT 128.00 280.65 Td (months ) Tj ET Q q 0 0 0 rg BT 160.68 280.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 188.86 280.65 Td (June ) Tj ET Q q 0 0 0 rg BT 211.54 280.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 227.21 280.65 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.23 280.65 Td (, ) Tj ET Q q 0 0 0 rg BT 252.89 280.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 277.06 280.65 Td (of ) Tj ET Q q 0 0 0 rg BT 287.72 280.65 Td (services, ) Tj ET Q q 0 0 0 rg BT 326.39 280.65 Td (selling ) Tj ET Q q 0 0 0 rg BT 355.06 280.65 Td (and ) Tj ET Q q 0 0 0 rg BT 373.24 280.65 Td (administrative ) Tj ET Q q 0 0 0 rg BT 431.92 280.65 Td (expenses ) Tj ET Q q 0 0 0 rg BT 473.61 280.65 Td (amounted ) Tj ET Q q 0 0 0 rg BT 516.80 280.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.46 280.65 Td ($2,503.7 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 267.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 267.15 Td (, ) Tj ET Q q 0 0 0 rg BT 102.16 267.15 Td (an ) Tj ET Q q 0 0 0 rg BT 114.32 267.15 Td (increase ) Tj ET Q q 0 0 0 rg BT 150.49 267.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.15 267.15 Td ($66.9 ) Tj ET Q q 0 0 0 rg BT 184.82 267.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.33 267.15 Td ( ) Tj ET Q q 0 0 0 rg BT 212.48 267.15 Td (over ) Tj ET Q q 0 0 0 rg BT 232.14 267.15 Td (the ) Tj ET Q q 0 0 0 rg BT 246.80 267.15 Td (same ) Tj ET Q q 0 0 0 rg BT 270.96 267.15 Td (period ) Tj ET Q q 0 0 0 rg BT 298.13 267.15 Td (last ) Tj ET Q q 0 0 0 rg BT 314.28 267.15 Td (year) Tj ET Q q 0 0 0 rg BT 331.30 267.15 Td (. ) Tj ET Q q 0 0 0 rg BT 335.52 267.15 Td (As ) Tj ET Q q 0 0 0 rg BT 348.17 267.15 Td (a ) Tj ET Q q 0 0 0 rg BT 355.33 267.15 Td (percentage ) Tj ET Q q 0 0 0 rg BT 402.52 267.15 Td (of ) Tj ET Q q 0 0 0 rg BT 412.17 267.15 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 449.35 267.15 Td (costs ) Tj ET Q q 0 0 0 rg BT 472.51 267.15 Td (of ) Tj ET Q q 0 0 0 rg BT 482.17 267.15 Td (services, ) Tj ET Q q 0 0 0 rg BT 519.82 267.15 Td (selling ) Tj ET Q q 0 0 0 rg BT 547.49 267.15 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 253.65 Td (administrative ) Tj ET Q q 0 0 0 rg BT 129.22 253.65 Td (expenses ) Tj ET Q q 0 0 0 rg BT 169.45 253.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 208.16 253.65 Td (to ) Tj ET Q q 0 0 0 rg BT 217.37 253.65 Td (85.1% ) Tj ET Q q 0 0 0 rg BT 244.59 253.65 Td (from ) Tj ET Q q 0 0 0 rg BT 264.29 253.65 Td (85.9%. ) Tj ET Q q 0 0 0 rg BT 293.67 253.65 Td (As ) Tj ET Q q 0 0 0 rg BT 305.87 253.65 Td (a ) Tj ET Q q 0 0 0 rg BT 312.57 253.65 Td (percentage ) Tj ET Q q 0 0 0 rg BT 359.31 253.65 Td (of ) Tj ET Q q 0 0 0 rg BT 368.52 253.65 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 405.24 253.65 Td (cost ) Tj ET Q q 0 0 0 rg BT 423.44 253.65 Td (of ) Tj ET Q q 0 0 0 rg BT 432.65 253.65 Td (services ) Tj ET Q q 0 0 0 rg BT 467.36 253.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 506.07 253.65 Td (due ) Tj ET Q q 0 0 0 rg BT 522.79 253.65 Td (to ) Tj ET Q q 0 0 0 rg BT 531.99 253.65 Td (savings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 240.15 Td (generated ) Tj ET Q q 0 0 0 rg BT 115.75 240.15 Td (from ) Tj ET Q q 0 0 0 rg BT 136.97 240.15 Td (the ) Tj ET Q q 0 0 0 rg BT 152.71 240.15 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 209.45 240.15 Td (Program ) Tj ET Q q 0 0 0 rg BT 247.18 240.15 Td (\(see ) Tj ET Q q 0 0 0 rg BT 267.90 240.15 Td (section ) Tj ET Q q 0 0 0 rg BT 299.64 240.15 Td (3.7.2. ) Tj ET Q q 0 0 0 rg BT 325.38 240.15 Td (of ) Tj ET Q q 0 0 0 rg BT 336.10 240.15 Td (the ) Tj ET Q q 0 0 0 rg BT 351.83 240.15 Td (present ) Tj ET Q q 0 0 0 rg BT 385.07 240.15 Td (document\), ) Tj ET Q q 0 0 0 rg BT 433.31 240.15 Td (and ) Tj ET Q q 0 0 0 rg BT 451.55 240.15 Td (increased ) Tj ET Q q 0 0 0 rg BT 493.79 240.15 Td (use ) Tj ET Q q 0 0 0 rg BT 511.52 240.15 Td (of ) Tj ET Q q 0 0 0 rg BT 522.25 240.15 Td (our ) Tj ET Q q 0 0 0 rg BT 538.48 240.15 Td (global ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 226.65 Td (delivery ) Tj ET Q q 0 0 0 rg BT 105.51 226.65 Td (centers. ) Tj ET Q q 0 0 0 rg BT 139.53 226.65 Td (As ) Tj ET Q q 0 0 0 rg BT 152.53 226.65 Td (a ) Tj ET Q q 0 0 0 rg BT 160.04 226.65 Td (percentage ) Tj ET Q q 0 0 0 rg BT 207.58 226.65 Td (of ) Tj ET Q q 0 0 0 rg BT 217.58 226.65 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 255.11 226.65 Td (selling ) Tj ET Q q 0 0 0 rg BT 283.12 226.65 Td (and ) Tj ET Q q 0 0 0 rg BT 300.64 226.65 Td (administrative ) Tj ET Q q 0 0 0 rg BT 358.66 226.65 Td (expenses ) Tj ET Q q 0 0 0 rg BT 399.69 226.65 Td (remained ) Tj ET Q q 0 0 0 rg BT 439.71 226.65 Td (stable.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 207.15 Td (For ) Tj ET Q q 0 0 0 rg BT 88.87 207.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.74 207.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 125.13 207.15 Td (months ) Tj ET Q q 0 0 0 rg BT 158.01 207.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.40 207.15 Td (June ) Tj ET Q q 0 0 0 rg BT 209.28 207.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 225.16 207.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.18 207.15 Td (, ) Tj ET Q q 0 0 0 rg BT 251.05 207.15 Td (costs ) Tj ET Q q 0 0 0 rg BT 275.42 207.15 Td (of ) Tj ET Q q 0 0 0 rg BT 286.29 207.15 Td (services, ) Tj ET Q q 0 0 0 rg BT 325.16 207.15 Td (selling ) Tj ET Q q 0 0 0 rg BT 354.05 207.15 Td (and ) Tj ET Q q 0 0 0 rg BT 372.43 207.15 Td (administrative ) Tj ET Q q 0 0 0 rg BT 431.31 207.15 Td (expenses ) Tj ET Q q 0 0 0 rg BT 473.21 207.15 Td (amounted ) Tj ET Q q 0 0 0 rg BT 516.60 207.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.48 207.15 Td ($7,440.2 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 193.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 193.65 Td (, ) Tj ET Q q 0 0 0 rg BT 102.77 193.65 Td (an ) Tj ET Q q 0 0 0 rg BT 115.55 193.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 152.33 193.65 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.60 193.65 Td ($397.7 ) Tj ET Q q 0 0 0 rg BT 192.90 193.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 218.40 193.65 Td ( ) Tj ET Q q 0 0 0 rg BT 221.17 193.65 Td (over ) Tj ET Q q 0 0 0 rg BT 241.44 193.65 Td (the ) Tj ET Q q 0 0 0 rg BT 256.72 193.65 Td (same ) Tj ET Q q 0 0 0 rg BT 281.49 193.65 Td (period ) Tj ET Q q 0 0 0 rg BT 309.28 193.65 Td (last ) Tj ET Q q 0 0 0 rg BT 326.05 193.65 Td (year) Tj ET Q q 0 0 0 rg BT 343.06 193.65 Td (. ) Tj ET Q q 0 0 0 rg BT 347.77 193.65 Td (As ) Tj ET Q q 0 0 0 rg BT 361.04 193.65 Td (a ) Tj ET Q q 0 0 0 rg BT 368.81 193.65 Td (percentage ) Tj ET Q q 0 0 0 rg BT 416.61 193.65 Td (of ) Tj ET Q q 0 0 0 rg BT 426.89 193.65 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 464.68 193.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 488.45 193.65 Td (of ) Tj ET Q q 0 0 0 rg BT 498.72 193.65 Td (services, ) Tj ET Q q 0 0 0 rg BT 536.99 193.65 Td (selling ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 180.15 Td (and ) Tj ET Q q 0 0 0 rg BT 88.37 180.15 Td (administrative ) Tj ET Q q 0 0 0 rg BT 145.24 180.15 Td (expenses ) Tj ET Q q 0 0 0 rg BT 185.13 180.15 Td (decreased ) Tj ET Q q 0 0 0 rg BT 228.51 180.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 237.37 180.15 Td (85.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 262.89 180.15 Td ( ) Tj ET Q q 0 0 0 rg BT 264.24 180.15 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.60 180.15 Td (85.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.11 180.15 Td (. ) Tj ET Q q 0 0 0 rg BT 312.70 180.15 Td (As ) Tj ET Q q 0 0 0 rg BT 324.56 180.15 Td (a ) Tj ET Q q 0 0 0 rg BT 330.92 180.15 Td (percentage ) Tj ET Q q 0 0 0 rg BT 377.31 180.15 Td (of ) Tj ET Q q 0 0 0 rg BT 386.17 180.15 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 422.54 180.15 Td (costs ) Tj ET Q q 0 0 0 rg BT 444.90 180.15 Td (of ) Tj ET Q q 0 0 0 rg BT 453.76 180.15 Td (services ) Tj ET Q q 0 0 0 rg BT 488.13 180.15 Td (remained ) Tj ET Q q 0 0 0 rg BT 527.00 180.15 Td (relatively ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 166.65 Td (stable ) Tj ET Q q 0 0 0 rg BT 99.80 166.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 143.60 166.65 Td (to ) Tj ET Q q 0 0 0 rg BT 154.89 166.65 Td (the ) Tj ET Q q 0 0 0 rg BT 171.18 166.65 Td (same ) Tj ET Q q 0 0 0 rg BT 196.97 166.65 Td (period ) Tj ET Q q 0 0 0 rg BT 225.77 166.65 Td (last ) Tj ET Q q 0 0 0 rg BT 243.56 166.65 Td (year ) Tj ET Q q 0 0 0 rg BT 264.85 166.65 Td (as ) Tj ET Q q 0 0 0 rg BT 278.14 166.65 Td (the ) Tj ET Q q 0 0 0 rg BT 294.43 166.65 Td (factors ) Tj ET Q q 0 0 0 rg BT 325.22 166.65 Td (identified ) Tj ET Q q 0 0 0 rg BT 365.03 166.65 Td (for ) Tj ET Q q 0 0 0 rg BT 379.32 166.65 Td (the ) Tj ET Q q 0 0 0 rg BT 395.61 166.65 Td (quarter) Tj ET Q q 0 0 0 rg BT 423.63 166.65 Td (, ) Tj ET Q q 0 0 0 rg BT 429.91 166.65 Td (were ) Tj ET Q q 0 0 0 rg BT 453.20 166.65 Td (of) Tj ET Q q 0 0 0 rg BT 460.55 166.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 478.83 166.65 Td (by ) Tj ET Q q 0 0 0 rg BT 492.12 166.65 Td (the ) Tj ET Q q 0 0 0 rg BT 508.42 166.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 538.71 166.65 Td (of ) Tj ET Q q 0 0 0 rg BT 549.99 166.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 153.15 Td (renegotiation ) Tj ET Q q 0 0 0 rg BT 126.08 153.15 Td (of ) Tj ET Q q 0 0 0 rg BT 135.63 153.15 Td (a ) Tj ET Q q 0 0 0 rg BT 142.67 153.15 Td (loss ) Tj ET Q q 0 0 0 rg BT 160.72 153.15 Td (making ) Tj ET Q q 0 0 0 rg BT 191.77 153.15 Td (contract ) Tj ET Q q 0 0 0 rg BT 225.82 153.15 Td (and ) Tj ET Q q 0 0 0 rg BT 242.88 153.15 Td (the ) Tj ET Q q 0 0 0 rg BT 257.43 153.15 Td (additional ) Tj ET Q q 0 0 0 rg BT 298.00 153.15 Td (research ) Tj ET Q q 0 0 0 rg BT 335.06 153.15 Td (& ) Tj ET Q q 0 0 0 rg BT 343.10 153.15 Td (development ) Tj ET Q q 0 0 0 rg BT 396.68 153.15 Td (\(R&D\) ) Tj ET Q q 0 0 0 rg BT 423.71 153.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 437.76 153.15 Td (credits, ) Tj ET Q q 0 0 0 rg BT 468.81 153.15 Td (both ) Tj ET Q q 0 0 0 rg BT 488.36 153.15 Td (from ) Tj ET Q q 0 0 0 rg BT 508.40 153.15 Td (the ) Tj ET Q q 0 0 0 rg BT 522.95 153.15 Td (prior ) Tj ET Q q 0 0 0 rg BT 543.00 153.15 Td (year) Tj ET Q q 0 0 0 rg BT 560.01 153.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 139.65 Td (As ) Tj ET Q q 0 0 0 rg BT 85.00 139.65 Td (a ) Tj ET Q q 0 0 0 rg BT 92.51 139.65 Td (percentage ) Tj ET Q q 0 0 0 rg BT 140.04 139.65 Td (of ) Tj ET Q q 0 0 0 rg BT 150.05 139.65 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 187.58 139.65 Td (selling ) Tj ET Q q 0 0 0 rg BT 215.59 139.65 Td (and ) Tj ET Q q 0 0 0 rg BT 233.11 139.65 Td (administrative ) Tj ET Q q 0 0 0 rg BT 291.13 139.65 Td (expenses ) Tj ET Q q 0 0 0 rg BT 332.16 139.65 Td (remained ) Tj ET Q q 0 0 0 rg BT 372.18 139.65 Td (relatively ) Tj ET Q q 0 0 0 rg BT 410.19 139.65 Td (stable.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 120.15 Td (During ) Tj ET Q q 0 0 0 rg BT 100.30 120.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 114.60 120.15 Td (three ) Tj ET Q q 0 0 0 rg BT 136.90 120.15 Td (months ) Tj ET Q q 0 0 0 rg BT 168.20 120.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 195.01 120.15 Td (June ) Tj ET Q q 0 0 0 rg BT 216.31 120.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 230.61 120.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 250.63 120.15 Td (, ) Tj ET Q q 0 0 0 rg BT 254.92 120.15 Td (the ) Tj ET Q q 0 0 0 rg BT 269.21 120.15 Td (translation ) Tj ET Q q 0 0 0 rg BT 312.52 120.15 Td (of ) Tj ET Q q 0 0 0 rg BT 321.82 120.15 Td (the ) Tj ET Q q 0 0 0 rg BT 336.11 120.15 Td (results ) Tj ET Q q 0 0 0 rg BT 364.41 120.15 Td (of ) Tj ET Q q 0 0 0 rg BT 373.70 120.15 Td (our ) Tj ET Q q 0 0 0 rg BT 388.49 120.15 Td (foreign ) Tj ET Q q 0 0 0 rg BT 417.80 120.15 Td (operations ) Tj ET Q q 0 0 0 rg BT 461.61 120.15 Td (from ) Tj ET Q q 0 0 0 rg BT 481.40 120.15 Td (their ) Tj ET Q q 0 0 0 rg BT 500.69 120.15 Td (local ) Tj ET Q q 0 0 0 rg BT 520.99 120.15 Td (currencies ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 106.65 Td (to ) Tj ET Q q 0 0 0 rg BT 81.79 106.65 Td (the ) Tj ET Q q 0 0 0 rg BT 96.59 106.65 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 137.41 106.65 Td (dollar ) Tj ET Q q 0 0 0 rg BT 161.71 106.65 Td (favourably ) Tj ET Q q 0 0 0 rg BT 205.52 106.65 Td (impacted ) Tj ET Q q 0 0 0 rg BT 244.33 106.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 267.63 106.65 Td (by ) Tj ET Q q 0 0 0 rg BT 279.42 106.65 Td ($2.6 ) Tj ET Q q 0 0 0 rg BT 299.22 106.65 Td (million ) Tj ET Q q 0 0 0 rg BT 327.02 106.65 Td (of) Tj ET Q q 0 0 0 rg BT 334.36 106.65 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 365.67 106.65 Td (the ) Tj ET Q q 0 0 0 rg BT 380.47 106.65 Td (unfavourable ) Tj ET Q q 0 0 0 rg BT 434.79 106.65 Td (translation ) Tj ET Q q 0 0 0 rg BT 478.61 106.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 507.40 106.65 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.20 106.65 Td ($5.2 ) Tj ET Q q 0 0 0 rg BT 537.00 106.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 93.15 Td (on ) Tj ET Q q 0 0 0 rg BT 84.95 93.15 Td (our ) Tj ET Q q 0 0 0 rg BT 100.89 93.15 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 138.85 93.15 Td (During ) Tj ET Q q 0 0 0 rg BT 168.30 93.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.74 93.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 203.69 93.15 Td (months ) Tj ET Q q 0 0 0 rg BT 236.14 93.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 264.10 93.15 Td (June ) Tj ET Q q 0 0 0 rg BT 286.55 93.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 302.00 93.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.02 93.15 Td (, ) Tj ET Q q 0 0 0 rg BT 327.46 93.15 Td (the ) Tj ET Q q 0 0 0 rg BT 342.90 93.15 Td (translation ) Tj ET Q q 0 0 0 rg BT 387.36 93.15 Td (of ) Tj ET Q q 0 0 0 rg BT 397.80 93.15 Td (the ) Tj ET Q q 0 0 0 rg BT 413.25 93.15 Td (results ) Tj ET Q q 0 0 0 rg BT 442.69 93.15 Td (of ) Tj ET Q q 0 0 0 rg BT 453.13 93.15 Td (our ) Tj ET Q q 0 0 0 rg BT 469.08 93.15 Td (foreign ) Tj ET Q q 0 0 0 rg BT 499.53 93.15 Td (operations ) Tj ET Q q 0 0 0 rg BT 544.49 93.15 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 79.65 Td (their ) Tj ET Q q 0 0 0 rg BT 91.60 79.65 Td (local ) Tj ET Q q 0 0 0 rg BT 112.19 79.65 Td (currencies ) Tj ET Q q 0 0 0 rg BT 155.80 79.65 Td (to ) Tj ET Q q 0 0 0 rg BT 165.39 79.65 Td (the ) Tj ET Q q 0 0 0 rg BT 179.99 79.65 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 220.61 79.65 Td (dollar ) Tj ET Q q 0 0 0 rg BT 244.71 79.65 Td (unfavourably ) Tj ET Q q 0 0 0 rg BT 298.33 79.65 Td (impacted ) Tj ET Q q 0 0 0 rg BT 336.94 79.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 360.03 79.65 Td (by ) Tj ET Q q 0 0 0 rg BT 371.62 79.65 Td ($90.5 ) Tj ET Q q 0 0 0 rg BT 396.23 79.65 Td (million ) Tj ET Q q 0 0 0 rg BT 423.83 79.65 Td (of) Tj ET Q q 0 0 0 rg BT 431.17 79.65 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 462.28 79.65 Td (the ) Tj ET Q q 0 0 0 rg BT 476.88 79.65 Td (favourable ) Tj ET Q q 0 0 0 rg BT 520.99 79.65 Td (translation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 66.15 Td (impact ) Tj ET Q q 0 0 0 rg BT 101.01 66.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 111.01 66.15 Td ($98.7 ) Tj ET Q q 0 0 0 rg BT 136.04 66.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.54 66.15 Td ( ) Tj ET Q q 0 0 0 rg BT 164.04 66.15 Td (on ) Tj ET Q q 0 0 0 rg BT 176.55 66.15 Td (our ) Tj ET Q q 0 0 0 rg BT 192.06 66.15 Td (revenue.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (21) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.5.2. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 134.02 708.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 179.03 708.95 Td (Loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (During ) Tj ET Q q 0 0 0 rg BT 100.55 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 115.09 689.45 Td (three ) Tj ET Q q 0 0 0 rg BT 137.64 689.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 154.69 689.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 173.74 689.45 Td (months ) Tj ET Q q 0 0 0 rg BT 205.29 689.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 232.36 689.45 Td (June ) Tj ET Q q 0 0 0 rg BT 253.91 689.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 268.45 689.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.47 689.45 Td (, ) Tj ET Q q 0 0 0 rg BT 293.01 689.45 Td (CGI ) Tj ET Q q 0 0 0 rg BT 311.05 689.45 Td (incurred ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 345.60 689.45 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 365.15 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.65 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 392.69 689.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.74 689.45 Td ($1.6 ) Tj ET Q q 0 0 0 rg BT 429.29 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.80 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 456.83 689.45 Td (of ) Tj ET Q q 0 0 0 rg BT 466.37 689.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 495.93 689.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 537.00 689.45 Td (losses ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 118.85 675.95 Td (, ) Tj ET Q q 0 0 0 rg BT 124.05 675.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 152.76 675.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 179.98 675.95 Td (by ) Tj ET Q q 0 0 0 rg BT 192.18 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 207.40 675.95 Td (timing ) Tj ET Q q 0 0 0 rg BT 234.11 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 244.31 675.95 Td (payments ) Tj ET Q q 0 0 0 rg BT 286.04 675.95 Td (combined ) Tj ET Q q 0 0 0 rg BT 327.76 675.95 Td (with ) Tj ET Q q 0 0 0 rg BT 346.47 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 361.68 675.95 Td (volatility ) Tj ET Q q 0 0 0 rg BT 396.39 675.95 Td (and ) Tj ET Q q 0 0 0 rg BT 414.11 675.95 Td (fluctuation ) Tj ET Q q 0 0 0 rg BT 457.84 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 468.05 675.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 498.27 675.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 540.00 675.95 Td (rates. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (The ) Tj ET Q q 0 0 0 rg BT 89.65 662.45 Td (Company) Tj ET Q q 0 0 0 rg BT 127.50 662.45 Td (, ) Tj ET Q q 0 0 0 rg BT 132.15 662.45 Td (in ) Tj ET Q q 0 0 0 rg BT 141.30 662.45 Td (addition ) Tj ET Q q 0 0 0 rg BT 174.97 662.45 Td (to ) Tj ET Q q 0 0 0 rg BT 184.62 662.45 Td (its ) Tj ET Q q 0 0 0 rg BT 195.77 662.45 Td (natural ) Tj ET Q q 0 0 0 rg BT 225.43 662.45 Td (hedges, ) Tj ET Q q 0 0 0 rg BT 259.60 662.45 Td (uses ) Tj ET Q q 0 0 0 rg BT 280.76 662.45 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 325.92 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 337.57 662.45 Td (a ) Tj ET Q q 0 0 0 rg BT 344.72 662.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 378.88 662.45 Td (to ) Tj ET Q q 0 0 0 rg BT 388.53 662.45 Td (manage ) Tj ET Q q 0 0 0 rg BT 423.20 662.45 Td (its ) Tj ET Q q 0 0 0 rg BT 434.35 662.45 Td (exposure, ) Tj ET Q q 0 0 0 rg BT 476.02 662.45 Td (to ) Tj ET Q q 0 0 0 rg BT 485.67 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 500.32 662.45 Td (extent ) Tj ET Q q 0 0 0 rg BT 526.98 662.45 Td (possible, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (to ) Tj ET Q q 0 0 0 rg BT 82.01 648.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 123.54 648.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 141.55 648.95 Td (fluctuations.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 620.15 Td (3.6. ) Tj ET Q q 0 0 0 rg BT 90.68 620.15 Td (ADJUSTED EBIT BY) Tj ET Q q 0 0 0 rg BT 177.03 620.15 Td ( SEGMENT) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 609.65 178.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 250.50 609.65 156.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 406.50 609.65 156.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 250.50 596.65 52.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 302.50 596.65 52.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 354.50 596.65 52.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 406.50 596.65 52.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 458.50 596.65 52.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 510.50 596.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 583.65 52.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 583.65 52.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 573.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 573.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 560.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 560.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 547.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 547.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 543.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 543.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 530.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 530.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 517.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 517.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 513.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 513.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 500.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 500.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 487.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 487.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 483.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 483.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 470.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 470.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 457.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 457.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 453.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 453.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 440.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 440.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 427.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 427.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 423.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 423.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 410.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 410.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 397.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 397.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 393.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 393.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 380.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 380.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 367.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 367.65 52.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 363.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 363.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 250.50 350.65 52.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 406.50 350.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 337.65 178.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 302.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 354.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 458.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 510.50 337.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 324.65 178.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 250.50 324.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 302.50 324.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 354.50 324.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 406.50 324.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 458.50 324.65 52.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 510.50 324.65 52.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 609.65 m 250.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 250.5 609.65 m 302.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 302.5 609.65 m 354.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 354.5 609.65 m 406.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 609.65 m 458.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 458.5 609.65 m 510.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 609.65 m 562.5 609.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 311.65 m 250.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 250.5 311.65 m 302.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 302.5 311.65 m 354.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 354.5 311.65 m 406.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 311.65 m 458.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 458.5 311.65 m 510.5 311.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 311.65 m 562.5 311.65 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 594.85 Td (In thousands of CAD except for percentages) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 262.95 600.88 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 422.05 600.88 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 275.20 587.88 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 327.20 587.88 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 367.65 587.88 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 431.20 587.88 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 483.20 587.88 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 587.88 Td (Change) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 565.13 Td (Northern Europe) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 564.88 Td (54,250) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 564.93 Td (42,971) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 564.88 Td (26.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 564.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 564.88 Td (146,955) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 564.88 Td (141,178) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 565.13 Td (4.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 565.13 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 552.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 551.88 Td (1) Tj ET Q q 0 0 0 rg BT 277.70 551.88 Td (1.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 551.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 551.93 Td (10.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 551.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 551.93 Td (10.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 551.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 551.93 Td (1) Tj ET Q q 0 0 0 rg BT 485.70 551.93 Td (1.3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 551.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 535.13 Td (Canada) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 534.88 Td (91,812) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 534.93 Td (81,121) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 534.88 Td (13.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 534.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 534.88 Td (274,514) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 534.88 Td (244,613) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 535.18 Td (12.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 535.13 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 522.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 521.88 Td (21.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 521.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 521.93 Td (19.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 521.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 521.93 Td (21.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 521.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 521.93 Td (20.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 521.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 505.13 Td (France) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 504.88 Td (48,562) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 504.93 Td (39,799) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 504.88 Td (22.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 504.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 504.88 Td (182,018) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 504.88 Td (150,610) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 505.18 Td (20.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 505.13 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 492.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 491.88 Td (1) Tj ET Q q 0 0 0 rg BT 277.70 491.88 Td (1.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 491.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.70 491.88 Td (9.8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 491.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 491.93 Td (13.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 491.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 491.93 Td (12.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 491.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 475.33 Td (U.S. Commercial and State Government) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 474.88 Td (76,036) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 474.93 Td (78,406) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.40 474.88 Td (\(3.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 474.88 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 474.88 Td (197,443) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 474.88 Td (222,309) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.95 475.13 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.06 475.13 Td (1.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 475.13 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 462.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 461.88 Td (17.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 461.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 461.93 Td (19.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 461.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 461.93 Td (15.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 461.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 461.93 Td (19.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 461.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 445.33 Td (U.S. Federal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 444.88 Td (57,567) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 444.93 Td (69,444) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.95 444.88 Td (\(17.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 444.88 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 444.88 Td (152,746) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 444.88 Td (162,455) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 445.13 Td (\(6.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 445.13 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 431.83 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 431.88 Td (15.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 431.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 431.93 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 431.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 431.93 Td (13.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 431.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 431.93 Td (14.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 431.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 415.13 Td (U.K.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 414.88 Td (50,097) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 414.93 Td (40,045) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 414.88 Td (25.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 414.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 414.88 Td (149,590) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.90 414.88 Td (1) Tj ET Q q 0 0 0 rg BT 478.35 414.88 Td (13,613) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 415.18 Td (31.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 415.13 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 402.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 401.88 Td (14.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 401.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 401.93 Td (12.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 401.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 401.93 Td (15.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 401.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 401.93 Td (1) Tj ET Q q 0 0 0 rg BT 485.70 401.93 Td (1.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 401.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 385.13 Td (ECS) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 384.88 Td (22,744) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 384.93 Td (17,135) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 384.88 Td (32.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 384.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.30 384.88 Td (69,576) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 478.30 384.88 Td (69,61) Tj ET Q q 0 0 0 rg BT 498.32 384.88 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 385.13 Td (\(0.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 385.13 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 372.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.70 371.88 Td (7.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 371.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.70 371.88 Td (5.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 371.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.70 371.88 Td (7.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 371.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 485.70 371.88 Td (7.9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 371.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 355.13 Td (Asia Pacific) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.35 354.88 Td (34,252) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.35 354.93 Td (30,136) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 354.88 Td (13.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 354.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.30 354.88 Td (93,160) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 478.30 354.88 Td (86,401) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 355.13 Td (7.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 355.13 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.00 342.08 Td (As a percentage of segment revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 341.88 Td (22.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 341.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 341.93 Td (19.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 341.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 341.93 Td (20.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 341.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 341.93 Td (19.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 341.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 328.88 Td (Adjusted EBIT) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.85 328.88 Td (435,320) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.90 328.93 Td (399,057) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.05 328.88 Td (9.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.20 328.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.25 328.93 Td (1,266,002) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.25 328.93 Td (1,190,790) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 328.88 Td (6.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 328.88 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 81.00 315.88 Td (Adjusted EBIT margin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.25 315.88 Td (14.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 315.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.25 315.93 Td (14.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.85 315.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 315.93 Td (14.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.85 315.88 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 481.25 315.93 Td (14.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 496.85 315.88 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 292.65 Td (For ) Tj ET Q q 0 0 0 rg BT 88.47 292.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.95 292.65 Td (three ) Tj ET Q q 0 0 0 rg BT 127.43 292.65 Td (months ) Tj ET Q q 0 0 0 rg BT 159.91 292.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 187.91 292.65 Td (June ) Tj ET Q q 0 0 0 rg BT 210.39 292.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 225.87 292.65 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.89 292.65 Td (, ) Tj ET Q q 0 0 0 rg BT 251.36 292.65 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 288.36 292.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 308.20 292.65 Td ( ) Tj ET Q q 0 0 0 rg BT 311.17 292.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 341.64 292.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 383.64 292.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.11 292.65 Td (14.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.63 292.65 Td ( ) Tj ET Q q 0 0 0 rg BT 422.60 292.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.56 292.65 Td (14.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.08 292.65 Td ( ) Tj ET Q q 0 0 0 rg BT 472.05 292.65 Td (when ) Tj ET Q q 0 0 0 rg BT 496.54 292.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 539.53 292.65 Td (to ) Tj ET Q q 0 0 0 rg BT 550.00 292.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 279.15 Td (same ) Tj ET Q q 0 0 0 rg BT 96.48 279.15 Td (period ) Tj ET Q q 0 0 0 rg BT 123.97 279.15 Td (last ) Tj ET Q q 0 0 0 rg BT 140.44 279.15 Td (year) Tj ET Q q 0 0 0 rg BT 157.45 279.15 Td (. ) Tj ET Q q 0 0 0 rg BT 162.42 279.15 Td (Improvements ) Tj ET Q q 0 0 0 rg BT 221.91 279.15 Td (across ) Tj ET Q q 0 0 0 rg BT 250.89 279.15 Td (most ) Tj ET Q q 0 0 0 rg BT 272.86 279.15 Td (segments, ) Tj ET Q q 0 0 0 rg BT 316.85 279.15 Td (in ) Tj ET Q q 0 0 0 rg BT 326.32 279.15 Td (part ) Tj ET Q q 0 0 0 rg BT 344.30 279.15 Td (due ) Tj ET Q q 0 0 0 rg BT 361.79 279.15 Td (to ) Tj ET Q q 0 0 0 rg BT 371.76 279.15 Td (the ) Tj ET Q q 0 0 0 rg BT 386.75 279.15 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 442.74 279.15 Td (Program, ) Tj ET Q q 0 0 0 rg BT 482.22 279.15 Td (were ) Tj ET Q q 0 0 0 rg BT 504.19 279.15 Td (partly ) Tj ET Q q 0 0 0 rg BT 528.67 279.15 Td (of) Tj ET Q q 0 0 0 rg BT 536.01 279.15 Td (fset ) Tj ET Q q 0 0 0 rg BT 552.99 279.15 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 265.65 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 265.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 116.02 265.65 Td (of ) Tj ET Q q 0 0 0 rg BT 126.03 265.65 Td (the ) Tj ET Q q 0 0 0 rg BT 141.04 265.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 161.04 265.65 Td (segments, ) Tj ET Q q 0 0 0 rg BT 205.06 265.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 233.57 265.65 Td (due ) Tj ET Q q 0 0 0 rg BT 251.09 265.65 Td (to ) Tj ET Q q 0 0 0 rg BT 261.09 265.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 285.10 265.65 Td (IP) Tj ET Q q 0 0 0 rg BT 293.44 265.65 Td ( ) Tj ET Q q 0 0 0 rg BT 295.94 265.65 Td (license ) Tj ET Q q 0 0 0 rg BT 326.46 265.65 Td (sales.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 246.15 Td (For ) Tj ET Q q 0 0 0 rg BT 88.55 246.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.10 246.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 124.17 246.15 Td (months ) Tj ET Q q 0 0 0 rg BT 156.73 246.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 184.80 246.15 Td (June ) Tj ET Q q 0 0 0 rg BT 207.36 246.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 222.92 246.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.94 246.15 Td (, ) Tj ET Q q 0 0 0 rg BT 248.49 246.15 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 285.56 246.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 305.40 246.15 Td ( ) Tj ET Q q 0 0 0 rg BT 308.45 246.15 Td (margin ) Tj ET Q q 0 0 0 rg BT 339.00 246.15 Td (remained ) Tj ET Q q 0 0 0 rg BT 379.57 246.15 Td (strong ) Tj ET Q q 0 0 0 rg BT 407.63 246.15 Td (at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.18 246.15 Td (14.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.70 246.15 Td ( ) Tj ET Q q 0 0 0 rg BT 446.75 246.15 Td (when ) Tj ET Q q 0 0 0 rg BT 471.31 246.15 Td (compared ) Tj ET Q q 0 0 0 rg BT 514.38 246.15 Td (to ) Tj ET Q q 0 0 0 rg BT 524.93 246.15 Td (the ) Tj ET Q q 0 0 0 rg BT 540.49 246.15 Td (same ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 232.65 Td (period ) Tj ET Q q 0 0 0 rg BT 98.79 232.65 Td (last ) Tj ET Q q 0 0 0 rg BT 114.56 232.65 Td (year ) Tj ET Q q 0 0 0 rg BT 133.84 232.65 Td (as ) Tj ET Q q 0 0 0 rg BT 145.11 232.65 Td (savings ) Tj ET Q q 0 0 0 rg BT 177.39 232.65 Td (generated ) Tj ET Q q 0 0 0 rg BT 219.70 232.65 Td (from ) Tj ET Q q 0 0 0 rg BT 239.46 232.65 Td (the ) Tj ET Q q 0 0 0 rg BT 253.74 232.65 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 309.03 232.65 Td (Program ) Tj ET Q q 0 0 0 rg BT 345.31 232.65 Td (of) Tj ET Q q 0 0 0 rg BT 352.65 232.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 368.93 232.65 Td (the ) Tj ET Q q 0 0 0 rg BT 383.21 232.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 411.48 232.65 Td (of ) Tj ET Q q 0 0 0 rg BT 420.76 232.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 444.03 232.65 Td (IP) Tj ET Q q 0 0 0 rg BT 452.37 232.65 Td ( ) Tj ET Q q 0 0 0 rg BT 454.14 232.65 Td (license ) Tj ET Q q 0 0 0 rg BT 483.92 232.65 Td (sales, ) Tj ET Q q 0 0 0 rg BT 509.20 232.65 Td (the ) Tj ET Q q 0 0 0 rg BT 523.48 232.65 Td (expiration ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 219.15 Td (of ) Tj ET Q q 0 0 0 rg BT 82.29 219.15 Td (certain ) Tj ET Q q 0 0 0 rg BT 112.10 219.15 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 161.41 219.15 Td (contracts ) Tj ET Q q 0 0 0 rg BT 200.72 219.15 Td (in ) Tj ET Q q 0 0 0 rg BT 210.51 219.15 Td (Sweden ) Tj ET Q q 0 0 0 rg BT 245.82 219.15 Td (and ) Tj ET Q q 0 0 0 rg BT 263.63 219.15 Td (the ) Tj ET Q q 0 0 0 rg BT 278.93 219.15 Td (impact ) Tj ET Q q 0 0 0 rg BT 308.22 219.15 Td (from ) Tj ET Q q 0 0 0 rg BT 329.01 219.15 Td (the ) Tj ET Q q 0 0 0 rg BT 344.31 219.15 Td (recovery ) Tj ET Q q 0 0 0 rg BT 381.61 219.15 Td (of ) Tj ET Q q 0 0 0 rg BT 391.91 219.15 Td (additional ) Tj ET Q q 0 0 0 rg BT 433.23 219.15 Td (R&D ) Tj ET Q q 0 0 0 rg BT 455.02 219.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 469.81 219.15 Td (credits ) Tj ET Q q 0 0 0 rg BT 499.11 219.15 Td (in ) Tj ET Q q 0 0 0 rg BT 508.90 219.15 Td (the ) Tj ET Q q 0 0 0 rg BT 524.20 219.15 Td (prior ) Tj ET Q q 0 0 0 rg BT 544.99 219.15 Td (year ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 205.65 Td (period.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 177.15 Td (3.6.1. ) Tj ET Q q 0 0 0 rg BT 98.52 177.15 Td (Northern ) Tj ET Q q 0 0 0 rg BT 139.02 177.15 Td (Europe) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 156.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.74 156.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.58 156.15 Td ( ) Tj ET Q q 0 0 0 rg BT 132.29 156.15 Td (in ) Tj ET Q q 0 0 0 rg BT 142.01 156.15 Td (the ) Tj ET Q q 0 0 0 rg BT 157.24 156.15 Td (Northern ) Tj ET Q q 0 0 0 rg BT 194.97 156.15 Td (Europe ) Tj ET Q q 0 0 0 rg BT 226.71 156.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 263.94 156.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.66 156.15 Td ($54.3 ) Tj ET Q q 0 0 0 rg BT 307.89 156.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.40 156.15 Td ( ) Tj ET Q q 0 0 0 rg BT 336.11 156.15 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 345.83 156.15 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.84 156.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.55 156.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.57 156.15 Td (, ) Tj ET Q q 0 0 0 rg BT 385.79 156.15 Td (an ) Tj ET Q q 0 0 0 rg BT 398.51 156.15 Td (increase ) Tj ET Q q 0 0 0 rg BT 435.25 156.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.47 156.15 Td ($1) Tj ET Q q 0 0 0 rg BT 454.81 156.15 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 470.04 156.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.54 156.15 Td ( ) Tj ET Q q 0 0 0 rg BT 498.26 156.15 Td (when ) Tj ET Q q 0 0 0 rg BT 522.49 156.15 Td (compared ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 142.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 82.32 142.65 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 94.33 142.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.15 142.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 117.17 142.65 Td (. ) Tj ET Q q 0 0 0 rg BT 121.92 142.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 159.77 142.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 179.61 142.65 Td ( ) Tj ET Q q 0 0 0 rg BT 182.42 142.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 212.75 142.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 254.59 142.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.91 142.65 Td (1) Tj ET Q q 0 0 0 rg BT 269.25 142.65 Td (1.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 289.77 142.65 Td ( ) Tj ET Q q 0 0 0 rg BT 292.58 142.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 313.40 142.65 Td (10.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.92 142.65 Td ( ) Tj ET Q q 0 0 0 rg BT 341.73 142.65 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.56 142.65 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.56 142.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.38 142.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.40 142.65 Td (. ) Tj ET Q q 0 0 0 rg BT 391.54 142.65 Td (This ) Tj ET Q q 0 0 0 rg BT 411.35 142.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 448.19 142.65 Td (was ) Tj ET Q q 0 0 0 rg BT 467.01 142.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 503.83 142.65 Td (due ) Tj ET Q q 0 0 0 rg BT 521.66 142.65 Td (to ) Tj ET Q q 0 0 0 rg BT 531.98 142.65 Td (savings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 129.15 Td (generated ) Tj ET Q q 0 0 0 rg BT 115.41 129.15 Td (from ) Tj ET Q q 0 0 0 rg BT 136.29 129.15 Td (the ) Tj ET Q q 0 0 0 rg BT 151.68 129.15 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 208.08 129.15 Td (Program ) Tj ET Q q 0 0 0 rg BT 245.47 129.15 Td (and ) Tj ET Q q 0 0 0 rg BT 263.37 129.15 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 314.77 129.15 Td (in ) Tj ET Q q 0 0 0 rg BT 324.65 129.15 Td (performance-based ) Tj ET Q q 0 0 0 rg BT 405.58 129.15 Td (compensation ) Tj ET Q q 0 0 0 rg BT 464.49 129.15 Td (accruals, ) Tj ET Q q 0 0 0 rg BT 503.38 129.15 Td (partly ) Tj ET Q q 0 0 0 rg BT 528.27 129.15 Td (of) Tj ET Q q 0 0 0 rg BT 535.61 129.15 Td (fset ) Tj ET Q q 0 0 0 rg BT 553.00 129.15 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 115.65 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 115.65 Td (temporary ) Tj ET Q q 0 0 0 rg BT 130.03 115.65 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 160.54 115.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 189.55 115.65 Td (of ) Tj ET Q q 0 0 0 rg BT 199.56 115.65 Td (the ) Tj ET Q q 0 0 0 rg BT 214.57 115.65 Td (recent ) Tj ET Q q 0 0 0 rg BT 242.08 115.65 Td (business ) Tj ET Q q 0 0 0 rg BT 280.10 115.65 Td (acquisition.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 96.15 Td (For ) Tj ET Q q 0 0 0 rg BT 88.18 96.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.37 96.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.06 96.15 Td (months ) Tj ET Q q 0 0 0 rg BT 155.25 96.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 182.96 96.15 Td (June ) Tj ET Q q 0 0 0 rg BT 205.15 96.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 220.34 96.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.36 96.15 Td (, ) Tj ET Q q 0 0 0 rg BT 245.54 96.15 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 282.24 96.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 302.08 96.15 Td ( ) Tj ET Q q 0 0 0 rg BT 304.76 96.15 Td (in ) Tj ET Q q 0 0 0 rg BT 314.44 96.15 Td (the ) Tj ET Q q 0 0 0 rg BT 329.63 96.15 Td (Northern ) Tj ET Q q 0 0 0 rg BT 367.33 96.15 Td (Europe ) Tj ET Q q 0 0 0 rg BT 399.03 96.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 436.22 96.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.91 96.15 Td ($147.0 ) Tj ET Q q 0 0 0 rg BT 485.11 96.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.62 96.15 Td (, ) Tj ET Q q 0 0 0 rg BT 515.79 96.15 Td (an ) Tj ET Q q 0 0 0 rg BT 528.48 96.15 Td (increase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 82.65 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 82.69 82.65 Td ($5.8 ) Tj ET Q q 0 0 0 rg BT 103.38 82.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 128.89 82.65 Td ( ) Tj ET Q q 0 0 0 rg BT 132.07 82.65 Td (when ) Tj ET Q q 0 0 0 rg BT 156.77 82.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 199.97 82.65 Td (to ) Tj ET Q q 0 0 0 rg BT 210.65 82.65 Td (the ) Tj ET Q q 0 0 0 rg BT 226.35 82.65 Td (same ) Tj ET Q q 0 0 0 rg BT 251.54 82.65 Td (period ) Tj ET Q q 0 0 0 rg BT 279.73 82.65 Td (last ) Tj ET Q q 0 0 0 rg BT 296.92 82.65 Td (year) Tj ET Q q 0 0 0 rg BT 313.93 82.65 Td (. ) Tj ET Q q 0 0 0 rg BT 318.98 82.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 357.19 82.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 377.03 82.65 Td ( ) Tj ET Q q 0 0 0 rg BT 380.21 82.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 410.90 82.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 456.11 82.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.79 82.65 Td (10.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.31 82.65 Td ( ) Tj ET Q q 0 0 0 rg BT 495.49 82.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.67 82.65 Td (1) Tj ET Q q 0 0 0 rg BT 521.01 82.65 Td (1.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.53 82.65 Td (. ) Tj ET Q q 0 0 0 rg BT 547.00 82.65 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 69.15 Td (change ) Tj ET Q q 0 0 0 rg BT 104.74 69.15 Td (was ) Tj ET Q q 0 0 0 rg BT 123.95 69.15 Td (mainly ) Tj ET Q q 0 0 0 rg BT 153.16 69.15 Td (due ) Tj ET Q q 0 0 0 rg BT 171.39 69.15 Td (to ) Tj ET Q q 0 0 0 rg BT 182.10 69.15 Td (the ) Tj ET Q q 0 0 0 rg BT 197.82 69.15 Td (impact ) Tj ET Q q 0 0 0 rg BT 227.54 69.15 Td (of ) Tj ET Q q 0 0 0 rg BT 238.25 69.15 Td (the ) Tj ET Q q 0 0 0 rg BT 253.97 69.15 Td (expiration ) Tj ET Q q 0 0 0 rg BT 296.21 69.15 Td (of ) Tj ET Q q 0 0 0 rg BT 306.92 69.15 Td (certain ) Tj ET Q q 0 0 0 rg BT 337.14 69.15 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 386.88 69.15 Td (contracts ) Tj ET Q q 0 0 0 rg BT 426.60 69.15 Td (in ) Tj ET Q q 0 0 0 rg BT 436.81 69.15 Td (Sweden, ) Tj ET Q q 0 0 0 rg BT 475.05 69.15 Td (the ) Tj ET Q q 0 0 0 rg BT 490.77 69.15 Td (temporary ) Tj ET Q q 0 0 0 rg BT 534.49 69.15 Td (dilutive ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (22) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 101.19 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 111.37 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 126.56 708.95 Td (recent ) Tj ET Q q 0 0 0 rg BT 154.25 708.95 Td (business ) Tj ET Q q 0 0 0 rg BT 192.45 708.95 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 240.16 708.95 Td (as ) Tj ET Q q 0 0 0 rg BT 252.34 708.95 Td (well ) Tj ET Q q 0 0 0 rg BT 270.52 708.95 Td (as ) Tj ET Q q 0 0 0 rg BT 282.71 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 297.90 708.95 Td (timing ) Tj ET Q q 0 0 0 rg BT 324.58 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 334.77 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 349.96 708.95 Td (winding ) Tj ET Q q 0 0 0 rg BT 383.16 708.95 Td (down ) Tj ET Q q 0 0 0 rg BT 407.35 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 417.54 708.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 441.22 708.95 Td (following ) Tj ET Q q 0 0 0 rg BT 478.92 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 494.11 708.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 533.81 708.95 Td (in ) Tj ET Q q 0 0 0 rg BT 543.50 708.95 Td (work ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (volume ) Tj ET Q q 0 0 0 rg BT 103.51 695.45 Td (of ) Tj ET Q q 0 0 0 rg BT 113.52 695.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 143.03 695.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 182.05 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 191.55 695.45 Td (Finland. ) Tj ET Q q 0 0 0 rg BT 225.91 695.45 Td (This ) Tj ET Q q 0 0 0 rg BT 245.41 695.45 Td (was ) Tj ET Q q 0 0 0 rg BT 263.92 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 273.42 695.45 Td (part ) Tj ET Q q 0 0 0 rg BT 291.43 695.45 Td (compensated ) Tj ET Q q 0 0 0 rg BT 347.97 695.45 Td (by ) Tj ET Q q 0 0 0 rg BT 359.97 695.45 Td (savings ) Tj ET Q q 0 0 0 rg BT 392.99 695.45 Td (generated ) Tj ET Q q 0 0 0 rg BT 436.03 695.45 Td (by ) Tj ET Q q 0 0 0 rg BT 448.03 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 463.04 695.45 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 519.06 695.45 Td (Program.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 666.95 Td (3.6.2. ) Tj ET Q q 0 0 0 rg BT 99.02 666.95 Td (Canada) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 647.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.45 647.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.29 647.45 Td ( ) Tj ET Q q 0 0 0 rg BT 131.21 647.45 Td (in ) Tj ET Q q 0 0 0 rg BT 140.14 647.45 Td (the ) Tj ET Q q 0 0 0 rg BT 154.57 647.45 Td (Canada ) Tj ET Q q 0 0 0 rg BT 188.02 647.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 224.46 647.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.39 647.45 Td ($91.8 ) Tj ET Q q 0 0 0 rg BT 266.84 647.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.34 647.45 Td ( ) Tj ET Q q 0 0 0 rg BT 294.27 647.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.19 647.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.20 647.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.12 647.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.14 647.45 Td (, ) Tj ET Q q 0 0 0 rg BT 341.57 647.45 Td (an ) Tj ET Q q 0 0 0 rg BT 353.50 647.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 389.44 647.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.87 647.45 Td ($10.7 ) Tj ET Q q 0 0 0 rg BT 423.31 647.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.82 647.45 Td ( ) Tj ET Q q 0 0 0 rg BT 450.74 647.45 Td (when ) Tj ET Q q 0 0 0 rg BT 474.18 647.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 516.13 647.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.55 647.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.56 647.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.48 647.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.50 647.45 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 633.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 110.10 633.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.94 633.95 Td ( ) Tj ET Q q 0 0 0 rg BT 132.52 633.95 Td (margin ) Tj ET Q q 0 0 0 rg BT 162.61 633.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 204.21 633.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 214.30 633.95 Td (21.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.82 633.95 Td ( ) Tj ET Q q 0 0 0 rg BT 242.40 633.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 262.97 633.95 Td (19.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.49 633.95 Td ( ) Tj ET Q q 0 0 0 rg BT 291.07 633.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.66 633.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.66 633.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.24 633.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.26 633.95 Td (, ) Tj ET Q q 0 0 0 rg BT 340.34 633.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 368.93 633.95 Td (due ) Tj ET Q q 0 0 0 rg BT 386.52 633.95 Td (to ) Tj ET Q q 0 0 0 rg BT 396.60 633.95 Td (savings ) Tj ET Q q 0 0 0 rg BT 429.70 633.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 472.81 633.95 Td (from ) Tj ET Q q 0 0 0 rg BT 493.39 633.95 Td (the ) Tj ET Q q 0 0 0 rg BT 508.48 633.95 Td (Restructuring ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 620.45 Td (Program ) Tj ET Q q 0 0 0 rg BT 109.51 620.45 Td (and ) Tj ET Q q 0 0 0 rg BT 127.03 620.45 Td (an ) Tj ET Q q 0 0 0 rg BT 139.54 620.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 176.06 620.45 Td (in ) Tj ET Q q 0 0 0 rg BT 185.56 620.45 Td (IP) Tj ET Q q 0 0 0 rg BT 193.90 620.45 Td ( ) Tj ET Q q 0 0 0 rg BT 196.40 620.45 Td (license ) Tj ET Q q 0 0 0 rg BT 226.92 620.45 Td (sales ) Tj ET Q q 0 0 0 rg BT 250.43 620.45 Td (and ) Tj ET Q q 0 0 0 rg BT 267.95 620.45 Td (related ) Tj ET Q q 0 0 0 rg BT 297.97 620.45 Td (services ) Tj ET Q q 0 0 0 rg BT 333.47 620.45 Td (within ) Tj ET Q q 0 0 0 rg BT 358.98 620.45 Td (the ) Tj ET Q q 0 0 0 rg BT 374.00 620.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 409.52 620.45 Td (services ) Tj ET Q q 0 0 0 rg BT 445.02 620.45 Td (vertical ) Tj ET Q q 0 0 0 rg BT 476.03 620.45 Td (market.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 600.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.62 600.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.75 600.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.38 600.95 Td (months ) Tj ET Q q 0 0 0 rg BT 155.51 600.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.16 600.95 Td (June ) Tj ET Q q 0 0 0 rg BT 205.29 600.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 220.42 600.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.44 600.95 Td (, ) Tj ET Q q 0 0 0 rg BT 245.56 600.95 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 282.20 600.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 302.04 600.95 Td ( ) Tj ET Q q 0 0 0 rg BT 304.66 600.95 Td (in ) Tj ET Q q 0 0 0 rg BT 314.28 600.95 Td (the ) Tj ET Q q 0 0 0 rg BT 329.41 600.95 Td (Canada ) Tj ET Q q 0 0 0 rg BT 363.56 600.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 400.69 600.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.32 600.95 Td ($274.5 ) Tj ET Q q 0 0 0 rg BT 449.46 600.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.97 600.95 Td (, ) Tj ET Q q 0 0 0 rg BT 480.09 600.95 Td (an ) Tj ET Q q 0 0 0 rg BT 492.71 600.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 529.35 600.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.47 600.95 Td ($29.9 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 587.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 98.01 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 100.85 587.45 Td (when ) Tj ET Q q 0 0 0 rg BT 125.22 587.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 168.09 587.45 Td (to ) Tj ET Q q 0 0 0 rg BT 178.44 587.45 Td (the ) Tj ET Q q 0 0 0 rg BT 193.80 587.45 Td (same ) Tj ET Q q 0 0 0 rg BT 218.66 587.45 Td (period ) Tj ET Q q 0 0 0 rg BT 246.53 587.45 Td (last ) Tj ET Q q 0 0 0 rg BT 263.38 587.45 Td (year) Tj ET Q q 0 0 0 rg BT 280.39 587.45 Td (, ) Tj ET Q q 0 0 0 rg BT 285.74 587.45 Td (while ) Tj ET Q q 0 0 0 rg BT 309.10 587.45 Td (the ) Tj ET Q q 0 0 0 rg BT 324.46 587.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 361.33 587.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 381.17 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 384.02 587.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 414.38 587.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 456.25 587.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.61 587.45 Td (21.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.13 587.45 Td ( ) Tj ET Q q 0 0 0 rg BT 494.98 587.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.82 587.45 Td (20.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.34 587.45 Td (. ) Tj ET Q q 0 0 0 rg BT 546.51 587.45 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 573.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 109.02 573.95 Td (in ) Tj ET Q q 0 0 0 rg BT 118.52 573.95 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 155.05 573.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 174.89 573.95 Td ( ) Tj ET Q q 0 0 0 rg BT 177.39 573.95 Td (margin ) Tj ET Q q 0 0 0 rg BT 207.40 573.95 Td (was ) Tj ET Q q 0 0 0 rg BT 225.91 573.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 254.42 573.95 Td (due ) Tj ET Q q 0 0 0 rg BT 271.93 573.95 Td (to ) Tj ET Q q 0 0 0 rg BT 281.94 573.95 Td (the ) Tj ET Q q 0 0 0 rg BT 296.95 573.95 Td (same ) Tj ET Q q 0 0 0 rg BT 321.46 573.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 350.97 573.95 Td (identified ) Tj ET Q q 0 0 0 rg BT 389.50 573.95 Td (for ) Tj ET Q q 0 0 0 rg BT 402.50 573.95 Td (the ) Tj ET Q q 0 0 0 rg BT 417.51 573.95 Td (quarter) Tj ET Q q 0 0 0 rg BT 445.53 573.95 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 545.45 Td (3.6.3. ) Tj ET Q q 0 0 0 rg BT 98.52 545.45 Td (France) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 524.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.40 524.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.24 524.45 Td ( ) Tj ET Q q 0 0 0 rg BT 131.62 524.45 Td (in ) Tj ET Q q 0 0 0 rg BT 141.00 524.45 Td (the ) Tj ET Q q 0 0 0 rg BT 155.89 524.45 Td (France ) Tj ET Q q 0 0 0 rg BT 186.27 524.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 223.17 524.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 241.55 524.45 Td ($48.6 ) Tj ET Q q 0 0 0 rg BT 266.45 524.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.95 524.45 Td ( ) Tj ET Q q 0 0 0 rg BT 294.33 524.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 303.71 524.45 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.71 524.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 318.09 524.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.11 524.45 Td (, ) Tj ET Q q 0 0 0 rg BT 342.99 524.45 Td (an ) Tj ET Q q 0 0 0 rg BT 355.38 524.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 391.77 524.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.65 524.45 Td ($8.8 ) Tj ET Q q 0 0 0 rg BT 421.54 524.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 447.05 524.45 Td ( ) Tj ET Q q 0 0 0 rg BT 449.43 524.45 Td (when ) Tj ET Q q 0 0 0 rg BT 473.32 524.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 515.71 524.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.60 524.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.60 524.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.98 524.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.00 524.45 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 510.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 111.84 510.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 131.68 510.95 Td ( ) Tj ET Q q 0 0 0 rg BT 136.50 510.95 Td (margin ) Tj ET Q q 0 0 0 rg BT 168.83 510.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 212.67 510.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 225.00 510.95 Td (1) Tj ET Q q 0 0 0 rg BT 229.34 510.95 Td (1.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 249.85 510.95 Td ( ) Tj ET Q q 0 0 0 rg BT 254.67 510.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 277.49 510.95 Td (9.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.00 510.95 Td ( ) Tj ET Q q 0 0 0 rg BT 302.82 510.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.64 510.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.65 510.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 331.47 510.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.49 510.95 Td ( ) Tj ET Q q 0 0 0 rg BT 356.31 510.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 387.13 510.95 Td (due ) Tj ET Q q 0 0 0 rg BT 406.97 510.95 Td (to ) Tj ET Q q 0 0 0 rg BT 419.29 510.95 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 472.64 510.95 Td (in ) Tj ET Q q 0 0 0 rg BT 484.46 510.95 Td (performance-based ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 497.45 Td (compensation ) Tj ET Q q 0 0 0 rg BT 130.54 497.45 Td (accruals, ) Tj ET Q q 0 0 0 rg BT 169.05 497.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 208.56 497.45 Td (utilization ) Tj ET Q q 0 0 0 rg BT 248.59 497.45 Td (across ) Tj ET Q q 0 0 0 rg BT 277.59 497.45 Td (the ) Tj ET Q q 0 0 0 rg BT 292.61 497.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 329.63 497.45 Td (and ) Tj ET Q q 0 0 0 rg BT 347.14 497.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 388.17 497.45 Td (R&D ) Tj ET Q q 0 0 0 rg BT 409.68 497.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 424.18 497.45 Td (credits.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 477.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.34 477.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.70 477.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 123.56 477.95 Td (months ) Tj ET Q q 0 0 0 rg BT 155.92 477.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.79 477.95 Td (June ) Tj ET Q q 0 0 0 rg BT 206.15 477.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 221.50 477.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 241.52 477.95 Td (, ) Tj ET Q q 0 0 0 rg BT 246.87 477.95 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 283.74 477.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 303.58 477.95 Td ( ) Tj ET Q q 0 0 0 rg BT 306.42 477.95 Td (in ) Tj ET Q q 0 0 0 rg BT 316.27 477.95 Td (the ) Tj ET Q q 0 0 0 rg BT 331.63 477.95 Td (France ) Tj ET Q q 0 0 0 rg BT 362.48 477.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 399.84 477.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.69 477.95 Td ($182.0 ) Tj ET Q q 0 0 0 rg BT 449.06 477.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.57 477.95 Td (, ) Tj ET Q q 0 0 0 rg BT 479.91 477.95 Td (an ) Tj ET Q q 0 0 0 rg BT 492.77 477.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 529.63 477.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.98 477.95 Td ($31.4 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 464.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 464.45 Td ( ) Tj ET Q q 0 0 0 rg BT 100.51 464.45 Td (when ) Tj ET Q q 0 0 0 rg BT 125.02 464.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 168.05 464.45 Td (to ) Tj ET Q q 0 0 0 rg BT 178.55 464.45 Td (the ) Tj ET Q q 0 0 0 rg BT 194.06 464.45 Td (same ) Tj ET Q q 0 0 0 rg BT 219.07 464.45 Td (period ) Tj ET Q q 0 0 0 rg BT 247.09 464.45 Td (last ) Tj ET Q q 0 0 0 rg BT 264.10 464.45 Td (year) Tj ET Q q 0 0 0 rg BT 281.11 464.45 Td (. ) Tj ET Q q 0 0 0 rg BT 286.02 464.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 324.04 464.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 343.88 464.45 Td ( ) Tj ET Q q 0 0 0 rg BT 346.88 464.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 377.39 464.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 419.42 464.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.93 464.45 Td (13.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.44 464.45 Td ( ) Tj ET Q q 0 0 0 rg BT 458.45 464.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 464.45 Td (12.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.97 464.45 Td ( ) Tj ET Q q 0 0 0 rg BT 507.97 464.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 536.97 464.45 Td (due ) Tj ET Q q 0 0 0 rg BT 554.99 464.45 Td (to ) Tj ET Q q 0 0 0 rg BT 565.00 464.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 450.95 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 123.02 450.95 Td (in ) Tj ET Q q 0 0 0 rg BT 132.53 450.95 Td (performance-based ) Tj ET Q q 0 0 0 rg BT 213.07 450.95 Td (compensation ) Tj ET Q q 0 0 0 rg BT 271.61 450.95 Td (accruals ) Tj ET Q q 0 0 0 rg BT 307.62 450.95 Td (and ) Tj ET Q q 0 0 0 rg BT 325.14 450.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 366.17 450.95 Td (R&D ) Tj ET Q q 0 0 0 rg BT 387.67 450.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 402.18 450.95 Td (credits.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 411.65 Td (3.6.4. ) Tj ET Q q 0 0 0 rg BT 98.52 411.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 118.52 411.65 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 172.54 411.65 Td (and ) Tj ET Q q 0 0 0 rg BT 191.04 411.65 Td (State ) Tj ET Q q 0 0 0 rg BT 215.55 411.65 Td (Government) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 392.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 110.07 392.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.91 392.15 Td ( ) Tj ET Q q 0 0 0 rg BT 132.96 392.15 Td (in ) Tj ET Q q 0 0 0 rg BT 143.02 392.15 Td (the ) Tj ET Q q 0 0 0 rg BT 158.58 392.15 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 179.13 392.15 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 230.18 392.15 Td (and ) Tj ET Q q 0 0 0 rg BT 248.25 392.15 Td (State ) Tj ET Q q 0 0 0 rg BT 272.31 392.15 Td (Government ) Tj ET Q q 0 0 0 rg BT 324.88 392.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 362.45 392.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.50 392.15 Td ($76.0 ) Tj ET Q q 0 0 0 rg BT 407.08 392.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.58 392.15 Td ( ) Tj ET Q q 0 0 0 rg BT 435.63 392.15 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.68 392.15 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.69 392.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.74 392.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.76 392.15 Td (, ) Tj ET Q q 0 0 0 rg BT 486.31 392.15 Td (a ) Tj ET Q q 0 0 0 rg BT 494.36 392.15 Td (decrease ) Tj ET Q q 0 0 0 rg BT 534.44 392.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.99 392.15 Td ($2.4 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 378.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 378.65 Td ( ) Tj ET Q q 0 0 0 rg BT 99.72 378.65 Td (when ) Tj ET Q q 0 0 0 rg BT 123.46 378.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 165.70 378.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 175.42 378.65 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 187.43 378.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 189.65 378.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 209.67 378.65 Td (. ) Tj ET Q q 0 0 0 rg BT 213.95 378.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 251.19 378.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 271.03 378.65 Td ( ) Tj ET Q q 0 0 0 rg BT 273.25 378.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 302.98 378.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 347.22 378.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.95 378.65 Td (17.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.47 378.65 Td ( ) Tj ET Q q 0 0 0 rg BT 384.68 378.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.90 378.65 Td (19.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.42 378.65 Td ( ) Tj ET Q q 0 0 0 rg BT 432.64 378.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 460.87 378.65 Td (due ) Tj ET Q q 0 0 0 rg BT 478.10 378.65 Td (to ) Tj ET Q q 0 0 0 rg BT 487.82 378.65 Td (the ) Tj ET Q q 0 0 0 rg BT 502.55 378.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 531.28 378.65 Td (of ) Tj ET Q q 0 0 0 rg BT 541.00 378.65 Td (lower ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 365.15 Td (IP) Tj ET Q q 0 0 0 rg BT 80.34 365.15 Td ( ) Tj ET Q q 0 0 0 rg BT 82.84 365.15 Td (license ) Tj ET Q q 0 0 0 rg BT 113.36 365.15 Td (sales.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 345.65 Td (For ) Tj ET Q q 0 0 0 rg BT 87.39 345.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 101.79 345.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 120.69 345.65 Td (months ) Tj ET Q q 0 0 0 rg BT 152.10 345.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 179.01 345.65 Td (June ) Tj ET Q q 0 0 0 rg BT 200.42 345.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 214.82 345.65 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 234.84 345.65 Td (, ) Tj ET Q q 0 0 0 rg BT 239.23 345.65 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 275.14 345.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 294.98 345.65 Td ( ) Tj ET Q q 0 0 0 rg BT 296.87 345.65 Td (in ) Tj ET Q q 0 0 0 rg BT 305.77 345.65 Td (the ) Tj ET Q q 0 0 0 rg BT 320.17 345.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 339.56 345.65 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 389.45 345.65 Td (and ) Tj ET Q q 0 0 0 rg BT 406.36 345.65 Td (State ) Tj ET Q q 0 0 0 rg BT 429.26 345.65 Td (Government ) Tj ET Q q 0 0 0 rg BT 480.67 345.65 Td (segment ) Tj ET Q q 0 0 0 rg BT 517.08 345.65 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.97 345.65 Td ($197.4 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 332.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 332.15 Td (, ) Tj ET Q q 0 0 0 rg BT 102.42 332.15 Td (a ) Tj ET Q q 0 0 0 rg BT 109.84 332.15 Td (decrease ) Tj ET Q q 0 0 0 rg BT 149.28 332.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 159.20 332.15 Td ($24.9 ) Tj ET Q q 0 0 0 rg BT 184.14 332.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 209.64 332.15 Td ( ) Tj ET Q q 0 0 0 rg BT 212.06 332.15 Td (when ) Tj ET Q q 0 0 0 rg BT 235.99 332.15 Td (compared ) Tj ET Q q 0 0 0 rg BT 278.43 332.15 Td (to ) Tj ET Q q 0 0 0 rg BT 288.35 332.15 Td (the ) Tj ET Q q 0 0 0 rg BT 303.27 332.15 Td (same ) Tj ET Q q 0 0 0 rg BT 327.70 332.15 Td (period ) Tj ET Q q 0 0 0 rg BT 355.13 332.15 Td (last ) Tj ET Q q 0 0 0 rg BT 371.55 332.15 Td (year) Tj ET Q q 0 0 0 rg BT 388.56 332.15 Td (. ) Tj ET Q q 0 0 0 rg BT 393.00 332.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 430.44 332.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 450.28 332.15 Td ( ) Tj ET Q q 0 0 0 rg BT 452.69 332.15 Td (margin ) Tj ET Q q 0 0 0 rg BT 482.62 332.15 Td (decreased ) Tj ET Q q 0 0 0 rg BT 527.06 332.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.98 332.15 Td (15.8%) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 318.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.25 318.65 Td (19.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 117.77 318.65 Td (. ) Tj ET Q q 0 0 0 rg BT 122.38 318.65 Td (The ) Tj ET Q q 0 0 0 rg BT 140.14 318.65 Td (change ) Tj ET Q q 0 0 0 rg BT 171.92 318.65 Td (in ) Tj ET Q q 0 0 0 rg BT 181.18 318.65 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 217.45 318.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 237.30 318.65 Td ( ) Tj ET Q q 0 0 0 rg BT 239.55 318.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 269.31 318.65 Td (was ) Tj ET Q q 0 0 0 rg BT 287.57 318.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 315.83 318.65 Td (due ) Tj ET Q q 0 0 0 rg BT 333.10 318.65 Td (to ) Tj ET Q q 0 0 0 rg BT 342.85 318.65 Td (the ) Tj ET Q q 0 0 0 rg BT 357.62 318.65 Td (same ) Tj ET Q q 0 0 0 rg BT 381.88 318.65 Td (factors ) Tj ET Q q 0 0 0 rg BT 411.14 318.65 Td (identified ) Tj ET Q q 0 0 0 rg BT 449.42 318.65 Td (in ) Tj ET Q q 0 0 0 rg BT 458.68 318.65 Td (the ) Tj ET Q q 0 0 0 rg BT 473.44 318.65 Td (quarter) Tj ET Q q 0 0 0 rg BT 501.46 318.65 Td (, ) Tj ET Q q 0 0 0 rg BT 506.21 318.65 Td (as ) Tj ET Q q 0 0 0 rg BT 517.97 318.65 Td (well ) Tj ET Q q 0 0 0 rg BT 535.73 318.65 Td (as ) Tj ET Q q 0 0 0 rg BT 547.48 318.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 305.15 Td (favourable ) Tj ET Q q 0 0 0 rg BT 116.53 305.15 Td (impact ) Tj ET Q q 0 0 0 rg BT 145.54 305.15 Td (from ) Tj ET Q q 0 0 0 rg BT 166.04 305.15 Td (additional ) Tj ET Q q 0 0 0 rg BT 207.07 305.15 Td (R&D ) Tj ET Q q 0 0 0 rg BT 228.57 305.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 243.08 305.15 Td (credits ) Tj ET Q q 0 0 0 rg BT 272.09 305.15 Td (the ) Tj ET Q q 0 0 0 rg BT 287.10 305.15 Td (same ) Tj ET Q q 0 0 0 rg BT 311.61 305.15 Td (period ) Tj ET Q q 0 0 0 rg BT 339.13 305.15 Td (of ) Tj ET Q q 0 0 0 rg BT 349.13 305.15 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 375.13 305.15 Td (2017.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 276.65 Td (3.6.5. ) Tj ET Q q 0 0 0 rg BT 98.52 276.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 118.52 276.65 Td (Federal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 257.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.41 257.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.25 257.15 Td ( ) Tj ET Q q 0 0 0 rg BT 131.63 257.15 Td (in ) Tj ET Q q 0 0 0 rg BT 141.02 257.15 Td (the ) Tj ET Q q 0 0 0 rg BT 155.92 257.15 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 175.81 257.15 Td (Federal ) Tj ET Q q 0 0 0 rg BT 208.71 257.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 245.61 257.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.00 257.15 Td ($57.6 ) Tj ET Q q 0 0 0 rg BT 288.91 257.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.41 257.15 Td ( ) Tj ET Q q 0 0 0 rg BT 316.80 257.15 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.18 257.15 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.19 257.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 340.57 257.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.60 257.15 Td (, ) Tj ET Q q 0 0 0 rg BT 365.48 257.15 Td (a ) Tj ET Q q 0 0 0 rg BT 372.87 257.15 Td (decrease ) Tj ET Q q 0 0 0 rg BT 412.28 257.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.17 257.15 Td ($1) Tj ET Q q 0 0 0 rg BT 431.51 257.15 Td (1.9 ) Tj ET Q q 0 0 0 rg BT 446.41 257.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.91 257.15 Td ( ) Tj ET Q q 0 0 0 rg BT 474.30 257.15 Td (when ) Tj ET Q q 0 0 0 rg BT 498.20 257.15 Td (compared ) Tj ET Q q 0 0 0 rg BT 540.60 257.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.49 257.15 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 562.50 257.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 243.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.02 243.65 Td (. ) Tj ET Q q 0 0 0 rg BT 96.53 243.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 134.05 243.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 153.89 243.65 Td ( ) Tj ET Q q 0 0 0 rg BT 156.39 243.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 200.92 243.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.93 243.65 Td (15.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.45 243.65 Td ( ) Tj ET Q q 0 0 0 rg BT 238.95 243.65 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.45 243.65 Td (17.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.97 243.65 Td ( ) Tj ET Q q 0 0 0 rg BT 287.47 243.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 323.97 243.65 Td (due ) Tj ET Q q 0 0 0 rg BT 341.49 243.65 Td (to ) Tj ET Q q 0 0 0 rg BT 351.49 243.65 Td (a ) Tj ET Q q 0 0 0 rg BT 359.00 243.65 Td (favourable ) Tj ET Q q 0 0 0 rg BT 403.53 243.65 Td (volume ) Tj ET Q q 0 0 0 rg BT 435.04 243.65 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 481.57 243.65 Td (in ) Tj ET Q q 0 0 0 rg BT 491.07 243.65 Td (the ) Tj ET Q q 0 0 0 rg BT 506.08 243.65 Td (prior ) Tj ET Q q 0 0 0 rg BT 526.59 243.65 Td (year) Tj ET Q q 0 0 0 rg BT 543.60 243.65 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 224.15 Td (For ) Tj ET Q q 0 0 0 rg BT 87.59 224.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.19 224.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 121.29 224.15 Td (months ) Tj ET Q q 0 0 0 rg BT 152.90 224.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 180.01 224.15 Td (June ) Tj ET Q q 0 0 0 rg BT 201.62 224.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 216.22 224.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.24 224.15 Td (, ) Tj ET Q q 0 0 0 rg BT 240.83 224.15 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 276.94 224.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 296.78 224.15 Td ( ) Tj ET Q q 0 0 0 rg BT 298.87 224.15 Td (in ) Tj ET Q q 0 0 0 rg BT 307.97 224.15 Td (the ) Tj ET Q q 0 0 0 rg BT 322.57 224.15 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 342.16 224.15 Td (Federal ) Tj ET Q q 0 0 0 rg BT 374.76 224.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 411.37 224.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.47 224.15 Td ($152.7 ) Tj ET Q q 0 0 0 rg BT 459.08 224.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.59 224.15 Td (, ) Tj ET Q q 0 0 0 rg BT 489.18 224.15 Td (a ) Tj ET Q q 0 0 0 rg BT 496.27 224.15 Td (decrease ) Tj ET Q q 0 0 0 rg BT 535.38 224.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.98 224.15 Td ($9.7 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 210.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 210.65 Td ( ) Tj ET Q q 0 0 0 rg BT 100.72 210.65 Td (when ) Tj ET Q q 0 0 0 rg BT 125.45 210.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 168.68 210.65 Td (to ) Tj ET Q q 0 0 0 rg BT 179.40 210.65 Td (the ) Tj ET Q q 0 0 0 rg BT 195.13 210.65 Td (same ) Tj ET Q q 0 0 0 rg BT 220.35 210.65 Td (period ) Tj ET Q q 0 0 0 rg BT 248.58 210.65 Td (last ) Tj ET Q q 0 0 0 rg BT 265.80 210.65 Td (year) Tj ET Q q 0 0 0 rg BT 282.81 210.65 Td (. ) Tj ET Q q 0 0 0 rg BT 287.88 210.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 326.12 210.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 345.96 210.65 Td ( ) Tj ET Q q 0 0 0 rg BT 349.18 210.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 394.42 210.65 Td (to ) Tj ET Q q 0 0 0 rg BT 405.14 210.65 Td (13.8% ) Tj ET Q q 0 0 0 rg BT 433.87 210.65 Td (from ) Tj ET Q q 0 0 0 rg BT 455.08 210.65 Td (14.6% ) Tj ET Q q 0 0 0 rg BT 483.82 210.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 521.03 210.65 Td (due ) Tj ET Q q 0 0 0 rg BT 539.26 210.65 Td (to ) Tj ET Q q 0 0 0 rg BT 549.98 210.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 197.15 Td (favourable ) Tj ET Q q 0 0 0 rg BT 116.53 197.15 Td (impact ) Tj ET Q q 0 0 0 rg BT 145.54 197.15 Td (of ) Tj ET Q q 0 0 0 rg BT 155.54 197.15 Td (additional ) Tj ET Q q 0 0 0 rg BT 196.58 197.15 Td (R&D ) Tj ET Q q 0 0 0 rg BT 218.08 197.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 232.58 197.15 Td (credits ) Tj ET Q q 0 0 0 rg BT 261.59 197.15 Td (in ) Tj ET Q q 0 0 0 rg BT 271.10 197.15 Td (the ) Tj ET Q q 0 0 0 rg BT 286.11 197.15 Td (prior ) Tj ET Q q 0 0 0 rg BT 306.62 197.15 Td (year ) Tj ET Q q 0 0 0 rg BT 326.62 197.15 Td (period.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 168.65 Td (3.6.6. ) Tj ET Q q 0 0 0 rg BT 98.52 168.65 Td (U.K.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 147.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.66 147.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.50 147.65 Td ( ) Tj ET Q q 0 0 0 rg BT 132.14 147.65 Td (in ) Tj ET Q q 0 0 0 rg BT 141.79 147.65 Td (the ) Tj ET Q q 0 0 0 rg BT 156.94 147.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 177.08 147.65 Td (segment ) Tj ET Q q 0 0 0 rg BT 214.24 147.65 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 232.88 147.65 Td ($50.1 ) Tj ET Q q 0 0 0 rg BT 258.04 147.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.55 147.65 Td ( ) Tj ET Q q 0 0 0 rg BT 286.19 147.65 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 295.83 147.65 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.83 147.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.47 147.65 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.49 147.65 Td (, ) Tj ET Q q 0 0 0 rg BT 335.63 147.65 Td (an ) Tj ET Q q 0 0 0 rg BT 348.28 147.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 384.94 147.65 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 395.08 147.65 Td ($10.1 ) Tj ET Q q 0 0 0 rg BT 420.24 147.65 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.75 147.65 Td ( ) Tj ET Q q 0 0 0 rg BT 448.39 147.65 Td (when ) Tj ET Q q 0 0 0 rg BT 472.54 147.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 515.20 147.65 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.35 147.65 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.35 147.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.99 147.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.01 147.65 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 134.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.23 134.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.07 134.15 Td ( ) Tj ET Q q 0 0 0 rg BT 131.27 134.15 Td (margin ) Tj ET Q q 0 0 0 rg BT 160.98 134.15 Td (increased ) Tj ET Q q 0 0 0 rg BT 202.21 134.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 211.92 134.15 Td (14.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 237.44 134.15 Td ( ) Tj ET Q q 0 0 0 rg BT 239.64 134.15 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.84 134.15 Td (12.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.36 134.15 Td ( ) Tj ET Q q 0 0 0 rg BT 287.56 134.15 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.77 134.15 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.78 134.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.98 134.15 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 331.00 134.15 Td (. ) Tj ET Q q 0 0 0 rg BT 335.56 134.15 Td (The ) Tj ET Q q 0 0 0 rg BT 353.27 134.15 Td (increase ) Tj ET Q q 0 0 0 rg BT 389.49 134.15 Td (was ) Tj ET Q q 0 0 0 rg BT 407.70 134.15 Td (mainly ) Tj ET Q q 0 0 0 rg BT 435.91 134.15 Td (due ) Tj ET Q q 0 0 0 rg BT 453.13 134.15 Td (to ) Tj ET Q q 0 0 0 rg BT 462.84 134.15 Td (savings ) Tj ET Q q 0 0 0 rg BT 495.56 134.15 Td (generated ) Tj ET Q q 0 0 0 rg BT 538.29 134.15 Td (by ) Tj ET Q q 0 0 0 rg BT 550.00 134.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 120.65 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 128.02 120.65 Td (Program ) Tj ET Q q 0 0 0 rg BT 165.03 120.65 Td (as ) Tj ET Q q 0 0 0 rg BT 177.04 120.65 Td (well ) Tj ET Q q 0 0 0 rg BT 195.04 120.65 Td (as ) Tj ET Q q 0 0 0 rg BT 207.05 120.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 246.56 120.65 Td (utilization ) Tj ET Q q 0 0 0 rg BT 286.58 120.65 Td (rates.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 101.15 Td (For ) Tj ET Q q 0 0 0 rg BT 87.50 101.15 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.00 101.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 121.01 101.15 Td (months ) Tj ET Q q 0 0 0 rg BT 152.52 101.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 179.54 101.15 Td (June ) Tj ET Q q 0 0 0 rg BT 201.05 101.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 215.56 101.15 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.58 101.15 Td (, ) Tj ET Q q 0 0 0 rg BT 240.08 101.15 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 276.10 101.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 295.94 101.15 Td ( ) Tj ET Q q 0 0 0 rg BT 297.94 101.15 Td (in ) Tj ET Q q 0 0 0 rg BT 306.94 101.15 Td (the ) Tj ET Q q 0 0 0 rg BT 321.44 101.15 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 340.94 101.15 Td (segment ) Tj ET Q q 0 0 0 rg BT 377.46 101.15 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 395.46 101.15 Td ($149.6 ) Tj ET Q q 0 0 0 rg BT 424.98 101.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.48 101.15 Td (, ) Tj ET Q q 0 0 0 rg BT 454.98 101.15 Td (an ) Tj ET Q q 0 0 0 rg BT 466.98 101.15 Td (increase ) Tj ET Q q 0 0 0 rg BT 503.00 101.15 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.50 101.15 Td ($36.0 ) Tj ET Q q 0 0 0 rg BT 537.02 101.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 86.15 Td (when ) Tj ET Q q 0 0 0 rg BT 95.54 86.15 Td (compared ) Tj ET Q q 0 0 0 rg BT 137.59 86.15 Td (to ) Tj ET Q q 0 0 0 rg BT 147.12 86.15 Td (the ) Tj ET Q q 0 0 0 rg BT 161.66 86.15 Td (same ) Tj ET Q q 0 0 0 rg BT 185.69 86.15 Td (period ) Tj ET Q q 0 0 0 rg BT 212.73 86.15 Td (last ) Tj ET Q q 0 0 0 rg BT 228.76 86.15 Td (year) Tj ET Q q 0 0 0 rg BT 245.77 86.15 Td (. ) Tj ET Q q 0 0 0 rg BT 249.90 86.15 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 286.95 86.15 Td (EBIT) Tj ET Q q 0 0 0 rg BT 306.79 86.15 Td ( ) Tj ET Q q 0 0 0 rg BT 308.81 86.15 Td (margin ) Tj ET Q q 0 0 0 rg BT 338.35 86.15 Td (increased ) Tj ET Q q 0 0 0 rg BT 379.40 86.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.93 86.15 Td (15.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 86.15 Td ( ) Tj ET Q q 0 0 0 rg BT 416.47 86.15 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.50 86.15 Td (1) Tj ET Q q 0 0 0 rg BT 440.84 86.15 Td (1.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.35 86.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.88 86.15 Td (The ) Tj ET Q q 0 0 0 rg BT 483.41 86.15 Td (increase ) Tj ET Q q 0 0 0 rg BT 519.45 86.15 Td (in ) Tj ET Q q 0 0 0 rg BT 528.48 86.15 Td (adjusted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 72.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 91.84 72.65 Td ( ) Tj ET Q q 0 0 0 rg BT 93.42 72.65 Td (margin ) Tj ET Q q 0 0 0 rg BT 122.50 72.65 Td (was ) Tj ET Q q 0 0 0 rg BT 140.08 72.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 167.67 72.65 Td (due ) Tj ET Q q 0 0 0 rg BT 184.26 72.65 Td (to ) Tj ET Q q 0 0 0 rg BT 193.34 72.65 Td ( ) Tj ET Q q 0 0 0 rg BT 194.92 72.65 Td (savings ) Tj ET Q q 0 0 0 rg BT 227.01 72.65 Td (generated ) Tj ET Q q 0 0 0 rg BT 269.12 72.65 Td (by ) Tj ET Q q 0 0 0 rg BT 280.20 72.65 Td (the ) Tj ET Q q 0 0 0 rg BT 294.29 72.65 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 349.39 72.65 Td (Program, ) Tj ET Q q 0 0 0 rg BT 387.97 72.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 426.57 72.65 Td (utilization ) Tj ET Q q 0 0 0 rg BT 465.66 72.65 Td (rates ) Tj ET Q q 0 0 0 rg BT 487.25 72.65 Td (as ) Tj ET Q q 0 0 0 rg BT 498.33 72.65 Td (well ) Tj ET Q q 0 0 0 rg BT 515.41 72.65 Td (as ) Tj ET Q q 0 0 0 rg BT 526.49 72.65 Td (provision ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 59.15 Td (releases, ) Tj ET Q q 0 0 0 rg BT 111.02 59.15 Td (in ) Tj ET Q q 0 0 0 rg BT 120.52 59.15 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 135.03 59.15 Td (2018, ) Tj ET Q q 0 0 0 rg BT 160.05 59.15 Td (upon ) Tj ET Q q 0 0 0 rg BT 182.58 59.15 Td (successful ) Tj ET Q q 0 0 0 rg BT 227.09 59.15 Td (completion ) Tj ET Q q 0 0 0 rg BT 273.12 59.15 Td (of ) Tj ET Q q 0 0 0 rg BT 283.12 59.15 Td (large ) Tj ET Q q 0 0 0 rg BT 305.64 59.15 Td (client ) Tj ET Q q 0 0 0 rg BT 329.15 59.15 Td (programs.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (23) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.6.7. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (ECS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 687.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.53 687.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.37 687.95 Td ( ) Tj ET Q q 0 0 0 rg BT 131.87 687.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.38 687.95 Td ($22.7 ) Tj ET Q q 0 0 0 rg BT 175.40 687.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 200.91 687.95 Td ( ) Tj ET Q q 0 0 0 rg BT 203.41 687.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 212.92 687.95 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.93 687.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 227.43 687.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.45 687.95 Td (, ) Tj ET Q q 0 0 0 rg BT 252.45 687.95 Td (an ) Tj ET Q q 0 0 0 rg BT 264.97 687.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 301.49 687.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 311.50 687.95 Td ($5.6 ) Tj ET Q q 0 0 0 rg BT 331.52 687.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.02 687.95 Td ( ) Tj ET Q q 0 0 0 rg BT 359.53 687.95 Td (when ) Tj ET Q q 0 0 0 rg BT 383.54 687.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 426.07 687.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.08 687.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.08 687.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.59 687.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.61 687.95 Td (. ) Tj ET Q q 0 0 0 rg BT 475.11 687.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 512.64 687.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 532.48 687.95 Td ( ) Tj ET Q q 0 0 0 rg BT 534.99 687.95 Td (margin ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 674.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 113.21 674.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 122.90 674.45 Td (7.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 143.41 674.45 Td ( ) Tj ET Q q 0 0 0 rg BT 145.60 674.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 165.78 674.45 Td (5.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 186.29 674.45 Td ( ) Tj ET Q q 0 0 0 rg BT 188.48 674.45 Td (in ) Tj ET Q q 0 0 0 rg BT 197.67 674.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.85 674.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 211.86 674.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 214.04 674.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 234.06 674.45 Td (. ) Tj ET Q q 0 0 0 rg BT 238.60 674.45 Td (The ) Tj ET Q q 0 0 0 rg BT 256.30 674.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 292.50 674.45 Td (in ) Tj ET Q q 0 0 0 rg BT 301.69 674.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 337.90 674.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 357.74 674.45 Td ( ) Tj ET Q q 0 0 0 rg BT 359.92 674.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 389.62 674.45 Td (was ) Tj ET Q q 0 0 0 rg BT 407.81 674.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 436.00 674.45 Td (due ) Tj ET Q q 0 0 0 rg BT 453.20 674.45 Td (to ) Tj ET Q q 0 0 0 rg BT 462.89 674.45 Td (savings ) Tj ET Q q 0 0 0 rg BT 495.59 674.45 Td (generated ) Tj ET Q q 0 0 0 rg BT 538.31 674.45 Td (by ) Tj ET Q q 0 0 0 rg BT 550.00 674.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 660.95 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 128.02 660.95 Td (Program ) Tj ET Q q 0 0 0 rg BT 165.03 660.95 Td (and ) Tj ET Q q 0 0 0 rg BT 182.55 660.95 Td (the ) Tj ET Q q 0 0 0 rg BT 197.56 660.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 226.57 660.95 Td (of ) Tj ET Q q 0 0 0 rg BT 236.58 660.95 Td (incremental ) Tj ET Q q 0 0 0 rg BT 285.60 660.95 Td (working ) Tj ET Q q 0 0 0 rg BT 319.11 660.95 Td (days.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 641.45 Td (For ) Tj ET Q q 0 0 0 rg BT 87.44 641.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 101.90 641.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 120.86 641.45 Td (months ) Tj ET Q q 0 0 0 rg BT 152.32 641.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 179.29 641.45 Td (June ) Tj ET Q q 0 0 0 rg BT 200.75 641.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 215.20 641.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.22 641.45 Td (, ) Tj ET Q q 0 0 0 rg BT 239.67 641.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 275.64 641.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 295.48 641.45 Td ( ) Tj ET Q q 0 0 0 rg BT 297.42 641.45 Td (in ) Tj ET Q q 0 0 0 rg BT 306.37 641.45 Td (the ) Tj ET Q q 0 0 0 rg BT 320.83 641.45 Td (ECS ) Tj ET Q q 0 0 0 rg BT 341.28 641.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 377.74 641.45 Td (remains ) Tj ET Q q 0 0 0 rg BT 411.69 641.45 Td (stable ) Tj ET Q q 0 0 0 rg BT 437.65 641.45 Td (at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 447.10 641.45 Td ($69.6 ) Tj ET Q q 0 0 0 rg BT 471.57 641.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.07 641.45 Td ( ) Tj ET Q q 0 0 0 rg BT 499.02 641.45 Td (when ) Tj ET Q q 0 0 0 rg BT 522.48 641.45 Td (compared ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 627.95 Td (to ) Tj ET Q q 0 0 0 rg BT 82.53 627.95 Td (the ) Tj ET Q q 0 0 0 rg BT 98.06 627.95 Td (same ) Tj ET Q q 0 0 0 rg BT 123.08 627.95 Td (period ) Tj ET Q q 0 0 0 rg BT 151.12 627.95 Td (last ) Tj ET Q q 0 0 0 rg BT 168.15 627.95 Td (year) Tj ET Q q 0 0 0 rg BT 185.16 627.95 Td (. ) Tj ET Q q 0 0 0 rg BT 190.08 627.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 228.12 627.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 247.96 627.95 Td ( ) Tj ET Q q 0 0 0 rg BT 250.98 627.95 Td (margin ) Tj ET Q q 0 0 0 rg BT 281.51 627.95 Td (decreased ) Tj ET Q q 0 0 0 rg BT 326.56 627.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.09 627.95 Td (7.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.60 627.95 Td ( ) Tj ET Q q 0 0 0 rg BT 360.62 627.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.64 627.95 Td (7.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.15 627.95 Td ( ) Tj ET Q q 0 0 0 rg BT 405.17 627.95 Td (last ) Tj ET Q q 0 0 0 rg BT 422.20 627.95 Td (year) Tj ET Q q 0 0 0 rg BT 439.21 627.95 Td (. ) Tj ET Q q 0 0 0 rg BT 444.53 627.95 Td (The ) Tj ET Q q 0 0 0 rg BT 463.06 627.95 Td (change ) Tj ET Q q 0 0 0 rg BT 495.61 627.95 Td (in ) Tj ET Q q 0 0 0 rg BT 505.63 627.95 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 542.68 627.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 562.52 627.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 614.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 102.31 614.45 Td (was ) Tj ET Q q 0 0 0 rg BT 121.11 614.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 149.91 614.45 Td (due ) Tj ET Q q 0 0 0 rg BT 167.73 614.45 Td (to ) Tj ET Q q 0 0 0 rg BT 178.03 614.45 Td (the ) Tj ET Q q 0 0 0 rg BT 193.34 614.45 Td (favourable ) Tj ET Q q 0 0 0 rg BT 238.17 614.45 Td (settlement ) Tj ET Q q 0 0 0 rg BT 282.48 614.45 Td (of ) Tj ET Q q 0 0 0 rg BT 292.79 614.45 Td (a ) Tj ET Q q 0 0 0 rg BT 300.59 614.45 Td (client ) Tj ET Q q 0 0 0 rg BT 324.40 614.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 359.21 614.45 Td (in ) Tj ET Q q 0 0 0 rg BT 369.01 614.45 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 383.81 614.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 409.13 614.45 Td (and ) Tj ET Q q 0 0 0 rg BT 426.95 614.45 Td (the ) Tj ET Q q 0 0 0 rg BT 442.25 614.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 482.08 614.45 Td (of ) Tj ET Q q 0 0 0 rg BT 492.38 614.45 Td (utilization ) Tj ET Q q 0 0 0 rg BT 532.70 614.45 Td (rates ) Tj ET Q q 0 0 0 rg BT 555.50 614.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 600.95 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 600.95 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 140.38 600.95 Td (This ) Tj ET Q q 0 0 0 rg BT 159.88 600.95 Td (was ) Tj ET Q q 0 0 0 rg BT 178.39 600.95 Td (partly ) Tj ET Q q 0 0 0 rg BT 202.90 600.95 Td (of) Tj ET Q q 0 0 0 rg BT 210.24 600.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 227.25 600.95 Td (by ) Tj ET Q q 0 0 0 rg BT 239.25 600.95 Td (savings ) Tj ET Q q 0 0 0 rg BT 272.27 600.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 315.30 600.95 Td (from ) Tj ET Q q 0 0 0 rg BT 335.80 600.95 Td (the ) Tj ET Q q 0 0 0 rg BT 350.82 600.95 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 406.84 600.95 Td (Program. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 572.45 Td (3.6.8. ) Tj ET Q q 0 0 0 rg BT 98.18 572.45 Td (Asia ) Tj ET Q q 0 0 0 rg BT 119.70 572.45 Td (Pacific) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 552.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 109.74 552.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 129.58 552.95 Td ( ) Tj ET Q q 0 0 0 rg BT 132.29 552.95 Td (in ) Tj ET Q q 0 0 0 rg BT 142.01 552.95 Td (the ) Tj ET Q q 0 0 0 rg BT 156.69 552.95 Td (Asia ) Tj ET Q q 0 0 0 rg BT 176.91 552.95 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 206.13 552.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 243.36 552.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 262.08 552.95 Td ($34.3 ) Tj ET Q q 0 0 0 rg BT 287.31 552.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.82 552.95 Td ( ) Tj ET Q q 0 0 0 rg BT 315.53 552.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.25 552.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.25 552.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 339.96 552.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.99 552.95 Td (, ) Tj ET Q q 0 0 0 rg BT 365.20 552.95 Td (an ) Tj ET Q q 0 0 0 rg BT 377.92 552.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 414.65 552.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.87 552.95 Td ($4.1 ) Tj ET Q q 0 0 0 rg BT 445.10 552.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.60 552.95 Td ( ) Tj ET Q q 0 0 0 rg BT 473.31 552.95 Td (when ) Tj ET Q q 0 0 0 rg BT 497.54 552.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 540.28 552.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.49 552.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 562.50 552.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 539.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.02 539.45 Td (, ) Tj ET Q q 0 0 0 rg BT 96.25 539.45 Td (while ) Tj ET Q q 0 0 0 rg BT 118.48 539.45 Td (the ) Tj ET Q q 0 0 0 rg BT 132.71 539.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 168.47 539.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 188.31 539.45 Td ( ) Tj ET Q q 0 0 0 rg BT 190.03 539.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 219.27 539.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 260.01 539.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 269.24 539.45 Td (22.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.76 539.45 Td ( ) Tj ET Q q 0 0 0 rg BT 296.49 539.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.21 539.45 Td (19.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.73 539.45 Td (. ) Tj ET Q q 0 0 0 rg BT 345.84 539.45 Td (This ) Tj ET Q q 0 0 0 rg BT 364.57 539.45 Td (improvement ) Tj ET Q q 0 0 0 rg BT 418.31 539.45 Td (was ) Tj ET Q q 0 0 0 rg BT 436.04 539.45 Td (mostly ) Tj ET Q q 0 0 0 rg BT 463.77 539.45 Td (due ) Tj ET Q q 0 0 0 rg BT 480.51 539.45 Td (to ) Tj ET Q q 0 0 0 rg BT 489.74 539.45 Td (savings ) Tj ET Q q 0 0 0 rg BT 521.98 539.45 Td (generated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 525.95 Td (by ) Tj ET Q q 0 0 0 rg BT 84.01 525.95 Td (the ) Tj ET Q q 0 0 0 rg BT 99.02 525.95 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 155.04 525.95 Td (Program ) Tj ET Q q 0 0 0 rg BT 192.05 525.95 Td (and ) Tj ET Q q 0 0 0 rg BT 209.57 525.95 Td (continued ) Tj ET Q q 0 0 0 rg BT 251.10 525.95 Td (demand ) Tj ET Q q 0 0 0 rg BT 286.12 525.95 Td (for ) Tj ET Q q 0 0 0 rg BT 299.13 525.95 Td (our ) Tj ET Q q 0 0 0 rg BT 314.64 525.95 Td (of) Tj ET Q q 0 0 0 rg BT 321.98 525.95 Td (fshore ) Tj ET Q q 0 0 0 rg BT 349.49 525.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 383.01 525.95 Td (centers.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 506.45 Td (For ) Tj ET Q q 0 0 0 rg BT 87.95 506.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.90 506.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 122.37 506.45 Td (months ) Tj ET Q q 0 0 0 rg BT 154.33 506.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 181.80 506.45 Td (June ) Tj ET Q q 0 0 0 rg BT 203.76 506.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 218.72 506.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.74 506.45 Td (, ) Tj ET Q q 0 0 0 rg BT 243.69 506.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 280.16 506.45 Td (EBIT) Tj ET Q q 0 0 0 rg BT 300.01 506.45 Td ( ) Tj ET Q q 0 0 0 rg BT 302.45 506.45 Td (in ) Tj ET Q q 0 0 0 rg BT 311.90 506.45 Td (the ) Tj ET Q q 0 0 0 rg BT 326.38 506.45 Td (Asia ) Tj ET Q q 0 0 0 rg BT 346.33 506.45 Td (Pacific ) Tj ET Q q 0 0 0 rg BT 375.29 506.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 412.25 506.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.70 506.45 Td ($93.2 ) Tj ET Q q 0 0 0 rg BT 455.67 506.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.18 506.45 Td (, ) Tj ET Q q 0 0 0 rg BT 486.13 506.45 Td (an ) Tj ET Q q 0 0 0 rg BT 498.58 506.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 535.05 506.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.00 506.45 Td ($6.8 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 492.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.51 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 100.41 492.95 Td (when ) Tj ET Q q 0 0 0 rg BT 124.83 492.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 167.76 492.95 Td (to ) Tj ET Q q 0 0 0 rg BT 178.17 492.95 Td (the ) Tj ET Q q 0 0 0 rg BT 193.59 492.95 Td (same ) Tj ET Q q 0 0 0 rg BT 218.50 492.95 Td (period ) Tj ET Q q 0 0 0 rg BT 246.43 492.95 Td (last ) Tj ET Q q 0 0 0 rg BT 263.34 492.95 Td (year) Tj ET Q q 0 0 0 rg BT 280.35 492.95 Td (. ) Tj ET Q q 0 0 0 rg BT 285.18 492.95 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 323.11 492.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 342.95 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 345.85 492.95 Td (margin ) Tj ET Q q 0 0 0 rg BT 376.27 492.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 418.20 492.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.61 492.95 Td (20.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.13 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 457.04 492.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.94 492.95 Td (19.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.46 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 506.37 492.95 Td (last ) Tj ET Q q 0 0 0 rg BT 523.28 492.95 Td (year) Tj ET Q q 0 0 0 rg BT 540.29 492.95 Td (. ) Tj ET Q q 0 0 0 rg BT 545.51 492.95 Td (This ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 479.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 109.18 479.45 Td (was ) Tj ET Q q 0 0 0 rg BT 128.35 479.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 157.52 479.45 Td (due ) Tj ET Q q 0 0 0 rg BT 175.69 479.45 Td (to ) Tj ET Q q 0 0 0 rg BT 186.36 479.45 Td (savings ) Tj ET Q q 0 0 0 rg BT 220.04 479.45 Td (generated ) Tj ET Q q 0 0 0 rg BT 263.74 479.45 Td (by ) Tj ET Q q 0 0 0 rg BT 276.40 479.45 Td (the ) Tj ET Q q 0 0 0 rg BT 292.08 479.45 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 348.76 479.45 Td (Program, ) Tj ET Q q 0 0 0 rg BT 388.93 479.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 414.10 479.45 Td (of) Tj ET Q q 0 0 0 rg BT 421.45 479.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 439.12 479.45 Td (by ) Tj ET Q q 0 0 0 rg BT 451.78 479.45 Td (the ) Tj ET Q q 0 0 0 rg BT 467.46 479.45 Td (renegotiation ) Tj ET Q q 0 0 0 rg BT 522.66 479.45 Td (of ) Tj ET Q q 0 0 0 rg BT 533.33 479.45 Td (a ) Tj ET Q q 0 0 0 rg BT 541.49 479.45 Td (client ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 465.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 106.51 465.95 Td (in ) Tj ET Q q 0 0 0 rg BT 116.02 465.95 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 130.53 465.95 Td (2018.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 437.45 Td (3.7. ) Tj ET Q q 0 0 0 rg BT 91.01 437.45 Td (EARNINGS ) Tj ET Q q 0 0 0 rg BT 141.02 437.45 Td (BEFORE ) Tj ET Q q 0 0 0 rg BT 181.02 437.45 Td (INCOME ) Tj ET Q q 0 0 0 rg BT 219.52 437.45 Td (T) Tj ET Q q 0 0 0 rg BT 224.35 437.45 Td (AXES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 417.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.68 417.95 Td (following ) Tj ET Q q 0 0 0 rg BT 126.87 417.95 Td (table ) Tj ET Q q 0 0 0 rg BT 148.56 417.95 Td (provides ) Tj ET Q q 0 0 0 rg BT 184.75 417.95 Td (a ) Tj ET Q q 0 0 0 rg BT 191.92 417.95 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 246.62 417.95 Td (between ) Tj ET Q q 0 0 0 rg BT 282.82 417.95 Td (our ) Tj ET Q q 0 0 0 rg BT 298.00 417.95 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 334.20 417.95 Td (EBIT) Tj ET Q q 0 0 0 rg BT 354.04 417.95 Td ( ) Tj ET Q q 0 0 0 rg BT 356.21 417.95 Td (and ) Tj ET Q q 0 0 0 rg BT 373.39 417.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 410.09 417.95 Td (before ) Tj ET Q q 0 0 0 rg BT 437.78 417.95 Td (income ) Tj ET Q q 0 0 0 rg BT 468.96 417.95 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 495.15 417.95 Td (which ) Tj ET Q q 0 0 0 rg BT 520.33 417.95 Td (is ) Tj ET Q q 0 0 0 rg BT 529.00 417.95 Td (reported ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 404.45 Td (in ) Tj ET Q q 0 0 0 rg BT 81.51 404.45 Td (accordance ) Tj ET Q q 0 0 0 rg BT 130.54 404.45 Td (with ) Tj ET Q q 0 0 0 rg BT 149.04 404.45 Td (IFRS.) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 387.95 119.00 -33.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 191.50 387.95 179.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 370.50 387.95 192.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 191.50 374.95 43.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 234.50 374.95 46.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 280.50 374.95 43.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 323.50 374.95 47.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 370.50 374.95 50.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 420.50 374.95 47.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 467.50 374.95 49.00 -20.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 516.50 374.95 46.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 191.50 354.95 43.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 234.50 354.95 46.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 370.50 354.95 50.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 354.95 47.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 191.50 341.95 43.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 234.50 341.95 46.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 370.50 341.95 50.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 341.95 47.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 191.50 328.95 43.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 234.50 328.95 46.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 370.50 328.95 50.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 328.95 47.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 191.50 308.95 43.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 234.50 308.95 46.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 370.50 308.95 50.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 308.95 47.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 191.50 297.95 43.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 234.50 297.95 46.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 370.50 297.95 50.00 -11.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 297.95 47.00 -11.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 286.95 119.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 191.50 286.95 43.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 234.50 286.95 46.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 280.50 286.95 43.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 323.50 286.95 47.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 370.50 286.95 50.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 420.50 286.95 47.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 467.50 286.95 49.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 516.50 286.95 46.00 -20.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 387.95000000000005 m 191.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 191.5 387.95000000000005 m 234.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 234.5 387.95000000000005 m 280.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 387.95000000000005 m 323.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 387.95000000000005 m 370.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 370.5 387.95000000000005 m 420.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 387.95000000000005 m 467.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 387.95000000000005 m 516.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 387.95000000000005 m 562.5 387.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 266.95000000000005 m 191.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 191.5 266.95000000000005 m 234.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 234.5 266.95000000000005 m 280.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 266.95000000000005 m 323.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 266.95000000000005 m 370.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 370.5 266.95000000000005 m 420.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 266.95000000000005 m 467.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 266.95000000000005 m 516.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 266.95000000000005 m 562.5 266.95000000000005 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 373.15 Td (In thousands of CAD except for) Tj ET Q BT /F4 7.00 Tf ET q 1 1 1 rg BT 75.00 366.15 Td (percentage) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 220.95 379.18 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 379.18 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 207.20 359.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 254.10 366.63 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 237.65 356.28 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 296.20 359.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 344.10 366.63 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 327.65 356.28 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 393.20 359.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 441.10 366.63 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 424.65 358.63 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 489.20 359.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 536.10 366.63 Td (% of) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 519.65 358.63 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 346.63 Td (Adjusted EBIT) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 196.35 346.18 Td (435,320) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.25 346.18 Td (14.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 346.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 285.35 346.18 Td (399,057) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 341.25 346.23 Td (14.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.85 346.18 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.70 346.23 Td (1,266,002) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.25 346.48 Td (14.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 346.43 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.70 346.23 Td (1,190,790) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 530.60 346.23 Td (14.5) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 546.20 346.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 333.63 Td (Minus the following items:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 320.63 Td (Acquisition-related and) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 312.63 Td (integration costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 205.25 313.18 Td (8,532) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.70 313.18 Td (0.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 313.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.25 313.23 Td (2,936) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 345.70 313.18 Td (0.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.85 313.18 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.80 313.23 Td (35,393) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.70 313.18 Td (0.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 313.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.25 313.23 Td (7,326) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 535.05 313.18 Td (0.1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 546.20 313.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 300.63 Td (Restructuring costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 200.80 300.63 Td (19,997) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.70 300.63 Td (0.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 300.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 306.25 300.63 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.00 300.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.80 300.68 Td (80,305) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.70 300.63 Td (0.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 300.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 499.25 300.63 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 545.00 300.63 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 289.63 Td (Net finance costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 200.80 289.63 Td (18,656) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.70 289.63 Td (0.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 289.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 289.80 289.68 Td (16,852) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 345.70 289.63 Td (0.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.85 289.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.80 289.68 Td (53,103) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.70 289.63 Td (0.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 289.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 482.80 289.68 Td (53,217) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 535.05 289.63 Td (0.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 546.20 289.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 278.63 Td (Earnings before income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 270.63 Td (taxes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 196.35 271.18 Td (388,135) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.25 271.18 Td (13.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 271.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 285.35 271.18 Td (379,269) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 341.25 271.23 Td (13.4) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.85 271.18 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.70 271.23 Td (1,097,201) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.25 271.23 Td (12.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 271.18 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.70 271.23 Td (1,130,247) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 530.60 271.23 Td (13.7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 546.20 271.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 235.95 Td (3.7.1. ) Tj ET Q q 0 0 0 rg BT 98.68 235.95 Td (Acquisition-Related ) Tj ET Q q 0 0 0 rg BT 185.69 235.95 Td (and ) Tj ET Q q 0 0 0 rg BT 204.19 235.95 Td (Integration ) Tj ET Q q 0 0 0 rg BT 253.19 235.95 Td (Costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 216.45 Td (For ) Tj ET Q q 0 0 0 rg BT 89.01 216.45 Td (the ) Tj ET Q q 0 0 0 rg BT 104.54 216.45 Td (three ) Tj ET Q q 0 0 0 rg BT 128.06 216.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 146.09 216.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 166.12 216.45 Td (months ) Tj ET Q q 0 0 0 rg BT 198.64 216.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 226.68 216.45 Td (June ) Tj ET Q q 0 0 0 rg BT 249.21 216.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 264.73 216.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.76 216.45 Td (, ) Tj ET Q q 0 0 0 rg BT 290.27 216.45 Td (the ) Tj ET Q q 0 0 0 rg BT 305.79 216.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 347.32 216.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 382.85 216.45 Td (respectively ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.38 216.45 Td ($8.5 ) Tj ET Q q 0 0 0 rg BT 453.91 216.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.41 216.45 Td ( ) Tj ET Q q 0 0 0 rg BT 482.43 216.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.46 216.45 Td ($35.4 ) Tj ET Q q 0 0 0 rg BT 525.99 216.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.50 216.45 Td ( ) Tj ET Q q 0 0 0 rg BT 554.51 216.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 202.95 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 148.98 202.95 Td (and ) Tj ET Q q 0 0 0 rg BT 167.43 202.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 212.89 202.95 Td (costs, ) Tj ET Q q 0 0 0 rg BT 239.83 202.95 Td (related ) Tj ET Q q 0 0 0 rg BT 270.78 202.95 Td (to ) Tj ET Q q 0 0 0 rg BT 281.73 202.95 Td (the ) Tj ET Q q 0 0 0 rg BT 297.67 202.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 343.13 202.95 Td (of ) Tj ET Q q 0 0 0 rg BT 354.08 202.95 Td (recent ) Tj ET Q q 0 0 0 rg BT 382.52 202.95 Td (business ) Tj ET Q q 0 0 0 rg BT 421.48 202.95 Td (acquisitions' ) Tj ET Q q 0 0 0 rg BT 473.66 202.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 519.12 202.95 Td (to ) Tj ET Q q 0 0 0 rg BT 530.06 202.95 Td (the ) Tj ET Q q 0 0 0 rg BT 546.01 202.95 Td (CGI ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 189.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 112.53 189.45 Td (model. ) Tj ET Q q 0 0 0 rg BT 141.88 189.45 Td (These ) Tj ET Q q 0 0 0 rg BT 169.40 189.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 192.90 189.45 Td (are ) Tj ET Q q 0 0 0 rg BT 208.41 189.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 236.92 189.45 Td (related ) Tj ET Q q 0 0 0 rg BT 266.94 189.45 Td (to ) Tj ET Q q 0 0 0 rg BT 276.94 189.45 Td (the ) Tj ET Q q 0 0 0 rg BT 291.95 189.45 Td (termination ) Tj ET Q q 0 0 0 rg BT 338.98 189.45 Td (of ) Tj ET Q q 0 0 0 rg BT 348.98 189.45 Td (employment ) Tj ET Q q 0 0 0 rg BT 400.50 189.45 Td (as ) Tj ET Q q 0 0 0 rg BT 412.51 189.45 Td (well ) Tj ET Q q 0 0 0 rg BT 430.51 189.45 Td (as ) Tj ET Q q 0 0 0 rg BT 442.52 189.45 Td (leases ) Tj ET Q q 0 0 0 rg BT 471.04 189.45 Td (of ) Tj ET Q q 0 0 0 rg BT 481.04 189.45 Td (vacated ) Tj ET Q q 0 0 0 rg BT 515.06 189.45 Td (premises.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 163.95 Td (3.7.2. ) Tj ET Q q 0 0 0 rg BT 99.02 163.95 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 160.52 163.95 Td (Costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 144.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.15 144.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 130.81 144.45 Td (previously ) Tj ET Q q 0 0 0 rg BT 173.47 144.45 Td (announced ) Tj ET Q q 0 0 0 rg BT 220.16 144.45 Td (it ) Tj ET Q q 0 0 0 rg BT 226.80 144.45 Td (will ) Tj ET Q q 0 0 0 rg BT 241.44 144.45 Td (incur ) Tj ET Q q 0 0 0 rg BT 263.09 144.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 321.26 144.45 Td ($185.0 ) Tj ET Q q 0 0 0 rg BT 350.93 144.45 Td (million ) Tj ET Q q 0 0 0 rg BT 378.58 144.45 Td (of ) Tj ET Q q 0 0 0 rg BT 388.23 144.45 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 440.39 144.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 463.54 144.45 Td (to ) Tj ET Q q 0 0 0 rg BT 473.18 144.45 Td (improve ) Tj ET Q q 0 0 0 rg BT 507.34 144.45 Td (profitability ) Tj ET Q q 0 0 0 rg BT 552.50 144.45 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 130.95 Td (addressing ) Tj ET Q q 0 0 0 rg BT 119.03 130.95 Td (the ) Tj ET Q q 0 0 0 rg BT 134.04 130.95 Td (underutilization ) Tj ET Q q 0 0 0 rg BT 197.08 130.95 Td (of ) Tj ET Q q 0 0 0 rg BT 207.09 130.95 Td (the ) Tj ET Q q 0 0 0 rg BT 222.10 130.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 269.34 130.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 311.35 130.95 Td (due ) Tj ET Q q 0 0 0 rg BT 328.87 130.95 Td (to ) Tj ET Q q 0 0 0 rg BT 338.87 130.95 Td (the ) Tj ET Q q 0 0 0 rg BT 353.89 130.95 Td (accelerating ) Tj ET Q q 0 0 0 rg BT 404.92 130.95 Td (shift ) Tj ET Q q 0 0 0 rg BT 423.92 130.95 Td (in ) Tj ET Q q 0 0 0 rg BT 433.43 130.95 Td (client ) Tj ET Q q 0 0 0 rg BT 456.94 130.95 Td (demand.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 111.45 Td (Since ) Tj ET Q q 0 0 0 rg BT 98.06 111.45 Td (inception, ) Tj ET Q q 0 0 0 rg BT 139.63 111.45 Td (the ) Tj ET Q q 0 0 0 rg BT 155.18 111.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 196.75 111.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 232.30 111.45 Td (a ) Tj ET Q q 0 0 0 rg BT 240.35 111.45 Td (total ) Tj ET Q q 0 0 0 rg BT 260.41 111.45 Td (of ) Tj ET Q q 0 0 0 rg BT 270.96 111.45 Td ($168.9 ) Tj ET Q q 0 0 0 rg BT 301.53 111.45 Td (million ) Tj ET Q q 0 0 0 rg BT 330.08 111.45 Td (of ) Tj ET Q q 0 0 0 rg BT 340.63 111.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 364.68 111.45 Td (related ) Tj ET Q q 0 0 0 rg BT 395.24 111.45 Td (to ) Tj ET Q q 0 0 0 rg BT 405.79 111.45 Td (the ) Tj ET Q q 0 0 0 rg BT 421.35 111.45 Td (announced ) Tj ET Q q 0 0 0 rg BT 468.93 111.45 Td (program ) Tj ET Q q 0 0 0 rg BT 505.49 111.45 Td (\(Restructuring ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 97.95 Td (Program\), ) Tj ET Q q 0 0 0 rg BT 115.91 97.95 Td (of ) Tj ET Q q 0 0 0 rg BT 126.83 97.95 Td (which ) Tj ET Q q 0 0 0 rg BT 153.24 97.95 Td ($20.0 ) Tj ET Q q 0 0 0 rg BT 179.17 97.95 Td (million ) Tj ET Q q 0 0 0 rg BT 208.08 97.95 Td (and ) Tj ET Q q 0 0 0 rg BT 226.50 97.95 Td ($80.3 ) Tj ET Q q 0 0 0 rg BT 252.43 97.95 Td (million ) Tj ET Q q 0 0 0 rg BT 281.35 97.95 Td (were ) Tj ET Q q 0 0 0 rg BT 304.26 97.95 Td (expensed ) Tj ET Q q 0 0 0 rg BT 346.70 97.95 Td (for ) Tj ET Q q 0 0 0 rg BT 360.61 97.95 Td (the ) Tj ET Q q 0 0 0 rg BT 376.52 97.95 Td (three ) Tj ET Q q 0 0 0 rg BT 400.44 97.95 Td (and ) Tj ET Q q 0 0 0 rg BT 418.87 97.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 439.29 97.95 Td (months ) Tj ET Q q 0 0 0 rg BT 472.21 97.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 500.64 97.95 Td (June ) Tj ET Q q 0 0 0 rg BT 523.56 97.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 539.48 97.95 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 84.45 Td (respectively) Tj ET Q q 0 0 0 rg BT 119.35 84.45 Td (. ) Tj ET Q q 0 0 0 rg BT 124.23 84.45 Td (These ) Tj ET Q q 0 0 0 rg BT 151.78 84.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 188.84 84.45 Td (include ) Tj ET Q q 0 0 0 rg BT 219.91 84.45 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 272.47 84.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 296.01 84.45 Td (for ) Tj ET Q q 0 0 0 rg BT 309.06 84.45 Td (termination ) Tj ET Q q 0 0 0 rg BT 356.12 84.45 Td (of ) Tj ET Q q 0 0 0 rg BT 366.17 84.45 Td (employment, ) Tj ET Q q 0 0 0 rg BT 420.23 84.45 Td (leases ) Tj ET Q q 0 0 0 rg BT 448.79 84.45 Td (of ) Tj ET Q q 0 0 0 rg BT 458.84 84.45 Td (vacated ) Tj ET Q q 0 0 0 rg BT 492.90 84.45 Td (premises, ) Tj ET Q q 0 0 0 rg BT 534.46 84.45 Td (as ) Tj ET Q q 0 0 0 rg BT 546.50 84.45 Td (well ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 70.95 Td (as ) Tj ET Q q 0 0 0 rg BT 84.51 70.95 Td (other ) Tj ET Q q 0 0 0 rg BT 107.52 70.95 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 160.04 70.95 Td (costs.) 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 49.50 31.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 20.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 20.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 20.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 20.10 Td (24) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 742.45 Td (3.7.3. ) Tj ET Q q 0 0 0 rg BT 99.02 742.45 Td (Net ) Tj ET Q q 0 0 0 rg BT 116.02 742.45 Td (Finance ) Tj ET Q q 0 0 0 rg BT 152.53 742.45 Td (Costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 722.95 Td (Net ) Tj ET Q q 0 0 0 rg BT 88.33 722.95 Td (finance ) Tj ET Q q 0 0 0 rg BT 119.17 722.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 141.99 722.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 169.82 722.95 Td (include ) Tj ET Q q 0 0 0 rg BT 200.16 722.95 Td (the ) Tj ET Q q 0 0 0 rg BT 214.49 722.95 Td (interest ) Tj ET Q q 0 0 0 rg BT 245.83 722.95 Td (on ) Tj ET Q q 0 0 0 rg BT 257.66 722.95 Td (our ) Tj ET Q q 0 0 0 rg BT 272.49 722.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 312.32 722.95 Td (debt. ) Tj ET Q q 0 0 0 rg BT 334.16 722.95 Td (For ) Tj ET Q q 0 0 0 rg BT 349.48 722.95 Td (the ) Tj ET Q q 0 0 0 rg BT 363.81 722.95 Td (three ) Tj ET Q q 0 0 0 rg BT 386.14 722.95 Td (months ) Tj ET Q q 0 0 0 rg BT 417.48 722.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 444.32 722.95 Td (June ) Tj ET Q q 0 0 0 rg BT 465.66 722.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 479.99 722.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 504.33 722.95 Td (the ) Tj ET Q q 0 0 0 rg BT 518.67 722.95 Td (net ) Tj ET Q q 0 0 0 rg BT 533.00 722.95 Td (finance ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 709.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 96.07 709.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 132.66 709.45 Td (was ) Tj ET Q q 0 0 0 rg BT 151.23 709.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 179.81 709.45 Td (due ) Tj ET Q q 0 0 0 rg BT 197.39 709.45 Td (to ) Tj ET Q q 0 0 0 rg BT 207.46 709.45 Td (an ) Tj ET Q q 0 0 0 rg BT 220.04 709.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 256.63 709.45 Td (of ) Tj ET Q q 0 0 0 rg BT 266.70 709.45 Td (our ) Tj ET Q q 0 0 0 rg BT 282.28 709.45 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 326.88 709.45 Td (committed ) Tj ET Q q 0 0 0 rg BT 370.95 709.45 Td (revolving ) Tj ET Q q 0 0 0 rg BT 409.54 709.45 Td (credit ) Tj ET Q q 0 0 0 rg BT 434.12 709.45 Td (facility ) Tj ET Q q 0 0 0 rg BT 461.69 709.45 Td (while ) Tj ET Q q 0 0 0 rg BT 484.77 709.45 Td (for ) Tj ET Q q 0 0 0 rg BT 497.84 709.45 Td (the ) Tj ET Q q 0 0 0 rg BT 512.92 709.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 532.50 709.45 Td (months ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.50 695.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 100.03 695.95 Td (June ) Tj ET Q q 0 0 0 rg BT 122.04 695.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 137.06 695.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 162.08 695.95 Td (the ) Tj ET Q q 0 0 0 rg BT 177.09 695.95 Td (net ) Tj ET Q q 0 0 0 rg BT 192.10 695.95 Td (finance ) Tj ET Q q 0 0 0 rg BT 223.62 695.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 247.13 695.95 Td (was ) Tj ET Q q 0 0 0 rg BT 265.64 695.95 Td (stable.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 664.45 Td (3.8. NET EARNINGS ) Tj ET Q q 0 0 0 rg BT 161.18 664.45 Td (AND EARNINGS PER SHARE) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 644.95 Td (The following table sets out the information supporting the earnings per share calculations:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 634.45 137.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 209.50 634.45 177.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 386.50 634.45 176.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 209.50 621.45 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 268.50 621.45 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 327.50 621.45 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 386.50 621.45 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 444.50 621.45 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 503.50 621.45 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 608.45 59.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 608.45 58.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 598.45 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 598.45 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 585.45 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 585.45 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 572.45 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 572.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 559.45 137.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 209.50 559.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 268.50 559.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 327.50 559.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 386.50 559.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 559.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 559.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 546.45 137.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 209.50 546.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 268.50 546.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 327.50 546.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 386.50 546.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 546.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 546.45 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 533.45 59.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 533.45 58.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 529.45 59.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 529.45 58.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 511.45 59.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 511.45 58.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 485.45 59.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 485.45 58.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 481.45 59.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 481.45 58.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 209.50 453.45 59.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 386.50 453.45 58.00 -4.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 449.45 137.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 209.50 449.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 268.50 449.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 327.50 449.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 386.50 449.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 449.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 449.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 436.45 137.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 209.50 436.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 268.50 436.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 327.50 436.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 386.50 436.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 436.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 436.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 423.45 137.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 209.50 423.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 268.50 423.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 327.50 423.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 386.50 423.45 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 423.45 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 423.45 59.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 634.45 m 209.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 209.5 634.45 m 268.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 634.45 m 327.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 634.45 m 386.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 634.45 m 444.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 444.5 634.45 m 503.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 634.45 m 562.5 634.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 410.45 m 209.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 209.5 410.45 m 268.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 410.45 m 327.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 410.45 m 386.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 410.45 m 444.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 444.5 410.45 m 503.5 410.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 410.45 m 562.5 410.45 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 623.15 Td (In thousands of CAD except for) Tj ET Q BT /F4 7.00 Tf ET q 1 1 1 rg BT 75.00 616.15 Td (percentage and shares data) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 236.95 626.13 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 625.68 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 241.20 612.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 300.20 612.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 347.65 612.68 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 417.20 612.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 476.20 612.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 612.68 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 589.68 Td (Earnings before income taxes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.85 589.68 Td (388,135) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.90 589.68 Td (379,269) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.05 589.68 Td (2.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 589.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.25 589.73 Td (1,097,201) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 460.25 589.73 Td (1,130,247) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 589.68 Td (\(2.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 589.68 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 576.68 Td (Income tax expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.35 576.68 Td (99,855) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.90 576.68 Td (102,625) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 576.68 Td (\(2.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 576.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.90 576.68 Td (249,284) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.90 576.68 Td (303,514) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.95 576.68 Td (\(17.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 576.68 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 87.00 563.63 Td (Effective tax rate) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 239.25 563.93 Td (25.7) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 254.85 563.93 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 298.25 563.63 Td (27.1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 313.85 563.63 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 415.25 563.73 Td (22.7) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 430.85 563.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 474.25 563.93 Td (26.9) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 489.85 563.88 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 550.68 Td (Net earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.85 550.68 Td (288,280) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.90 550.68 Td (276,644) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.05 550.68 Td (4.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 550.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.90 550.68 Td (847,917) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.90 550.68 Td (826,733) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 550.93 Td (2.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 550.93 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 537.68 Td (Net earnings margin) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 243.70 537.68 Td (9.8) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 254.85 537.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 302.70 537.63 Td (9.8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 313.85 537.63 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 419.70 537.68 Td (9.7) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 430.85 537.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 474.25 537.68 Td (10.0) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 489.85 537.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 521.13 Td (W) Tj ET Q q 0 0 0 rg BT 82.48 521.13 Td (eighted average number of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 513.18 Td (shares outstanding) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 503.13 Td (Class) Tj ET Q q 0 0 0 rg BT 103.01 503.13 Td (A) Tj ET Q q 0 0 0 rg BT 107.90 503.13 Td ( subordinate voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 495.13 Td (and Class B multiple voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 487.18 Td (\(basic\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 216.35 496.43 Td (282,885,089) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 275.35 496.43 Td (295,692,501) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 496.43 Td (\(4.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 496.43 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.30 496.43 Td (285,382,482) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 451.30 496.43 Td (299,137,368) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 496.43 Td (\(4.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 496.43 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 473.13 Td (Class) Tj ET Q q 0 0 0 rg BT 103.01 473.13 Td (A) Tj ET Q q 0 0 0 rg BT 107.90 473.13 Td ( subordinate voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 465.13 Td (and Class B multiple voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 457.13 Td (\(diluted\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 216.35 465.43 Td (287,540,464) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 275.35 465.43 Td (300,832,642) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 465.43 Td (\(4.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 465.43 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.30 465.43 Td (290,160,075) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 451.30 465.43 Td (305,015,507) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 465.43 Td (\(4.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 465.43 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 440.68 Td (Earnings per share \(in dollars\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 427.68 Td (Basic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.25 427.93 Td (1.02) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 304.25 427.68 Td (0.94) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.05 427.68 Td (8.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 427.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.25 427.98 Td (2.97) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 480.25 427.73 Td (2.76) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 427.93 Td (7.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 427.93 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 414.68 Td (Diluted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.25 414.93 Td (1.00) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 304.25 414.68 Td (0.92) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.05 414.68 Td (8.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 414.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.25 414.98 Td (2.92) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 480.25 414.73 Td (2.71) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 414.93 Td (7.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 414.93 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 382.45 Td (3.8.1. ) Tj ET Q q 0 0 0 rg BT 98.52 382.45 Td (Income ) Tj ET Q q 0 0 0 rg BT 132.53 382.45 Td (T) Tj ET Q q 0 0 0 rg BT 137.36 382.45 Td (ax ) Tj ET Q q 0 0 0 rg BT 149.87 382.45 Td (Expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 361.45 Td (For ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 88.04 361.45 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.04 361.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.58 361.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 122.60 361.45 Td (, ) Tj ET Q q 0 0 0 rg BT 127.64 361.45 Td (the ) Tj ET Q q 0 0 0 rg BT 142.68 361.45 Td (income ) Tj ET Q q 0 0 0 rg BT 174.23 361.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 188.77 361.45 Td (expense ) Tj ET Q q 0 0 0 rg BT 225.34 361.45 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.88 361.45 Td ($99.9 ) Tj ET Q q 0 0 0 rg BT 268.94 361.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.44 361.45 Td ( ) Tj ET Q q 0 0 0 rg BT 296.98 361.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 339.54 361.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.58 361.45 Td ($102.6 ) Tj ET Q q 0 0 0 rg BT 379.64 361.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 405.15 361.45 Td ( ) Tj ET Q q 0 0 0 rg BT 407.68 361.45 Td (for ) Tj ET Q q 0 0 0 rg BT 420.72 361.45 Td (the ) Tj ET Q q 0 0 0 rg BT 435.77 361.45 Td (same ) Tj ET Q q 0 0 0 rg BT 460.31 361.45 Td (period ) Tj ET Q q 0 0 0 rg BT 487.87 361.45 Td (last ) Tj ET Q q 0 0 0 rg BT 504.41 361.45 Td (year) Tj ET Q q 0 0 0 rg BT 521.42 361.45 Td (, ) Tj ET Q q 0 0 0 rg BT 526.46 361.45 Td (while ) Tj ET Q q 0 0 0 rg BT 549.50 361.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 347.95 Td (ef) Tj ET Q q 0 0 0 rg BT 79.34 347.95 Td (fective ) Tj ET Q q 0 0 0 rg BT 107.20 347.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 121.05 347.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 138.40 347.95 Td (decreased ) Tj ET Q q 0 0 0 rg BT 182.27 347.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.62 347.95 Td (25.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 217.14 347.95 Td ( ) Tj ET Q q 0 0 0 rg BT 218.99 347.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.83 347.95 Td (27.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.35 347.95 Td (. ) Tj ET Q q 0 0 0 rg BT 268.57 347.95 Td (The ) Tj ET Q q 0 0 0 rg BT 285.92 347.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 324.79 347.95 Td (in ) Tj ET Q q 0 0 0 rg BT 333.64 347.95 Td (income ) Tj ET Q q 0 0 0 rg BT 364.50 347.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 378.35 347.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 395.70 347.95 Td (was ) Tj ET Q q 0 0 0 rg BT 413.55 347.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 441.40 347.95 Td (the ) Tj ET Q q 0 0 0 rg BT 455.75 347.95 Td (result ) Tj ET Q q 0 0 0 rg BT 479.60 347.95 Td (of ) Tj ET Q q 0 0 0 rg BT 488.95 347.95 Td (the ) Tj ET Q q 0 0 0 rg BT 503.31 347.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 522.66 347.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 536.51 347.95 Td (reform ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 334.45 Td (enacted ) Tj ET Q q 0 0 0 rg BT 106.53 334.45 Td (in ) Tj ET Q q 0 0 0 rg BT 116.03 334.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 130.54 334.45 Td (2018.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 314.95 Td (For ) Tj ET Q q 0 0 0 rg BT 88.06 314.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.13 314.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 122.71 314.95 Td (months ) Tj ET Q q 0 0 0 rg BT 154.78 314.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 182.37 314.95 Td (June ) Tj ET Q q 0 0 0 rg BT 204.45 314.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 219.52 314.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.54 314.95 Td (, ) Tj ET Q q 0 0 0 rg BT 244.60 314.95 Td (the ) Tj ET Q q 0 0 0 rg BT 259.67 314.95 Td (income ) Tj ET Q q 0 0 0 rg BT 291.25 314.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 305.81 314.95 Td (expense ) Tj ET Q q 0 0 0 rg BT 342.40 314.95 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.97 314.95 Td ($249.3 ) Tj ET Q q 0 0 0 rg BT 391.05 314.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.56 314.95 Td ( ) Tj ET Q q 0 0 0 rg BT 419.12 314.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 461.70 314.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.77 314.95 Td ($303.5 ) Tj ET Q q 0 0 0 rg BT 501.86 314.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.36 314.95 Td ( ) Tj ET Q q 0 0 0 rg BT 529.92 314.95 Td (over ) Tj ET Q q 0 0 0 rg BT 549.99 314.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 301.45 Td (same ) Tj ET Q q 0 0 0 rg BT 95.43 301.45 Td (period ) Tj ET Q q 0 0 0 rg BT 121.87 301.45 Td (last ) Tj ET Q q 0 0 0 rg BT 137.30 301.45 Td (year) Tj ET Q q 0 0 0 rg BT 154.31 301.45 Td (, ) Tj ET Q q 0 0 0 rg BT 158.23 301.45 Td (while ) Tj ET Q q 0 0 0 rg BT 180.16 301.45 Td (our ) Tj ET Q q 0 0 0 rg BT 194.59 301.45 Td (ef) Tj ET Q q 0 0 0 rg BT 201.93 301.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 229.36 301.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 242.79 301.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 259.72 301.45 Td (decreased ) Tj ET Q q 0 0 0 rg BT 303.17 301.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.10 301.45 Td (22.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.62 301.45 Td ( ) Tj ET Q q 0 0 0 rg BT 339.04 301.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.46 301.45 Td (26.9%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.98 301.45 Td (. ) Tj ET Q q 0 0 0 rg BT 387.90 301.45 Td (On ) Tj ET Q q 0 0 0 rg BT 401.33 301.45 Td (December ) Tj ET Q q 0 0 0 rg BT 444.27 301.45 Td (22, ) Tj ET Q q 0 0 0 rg BT 458.20 301.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 482.14 301.45 Td (the ) Tj ET Q q 0 0 0 rg BT 496.07 301.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 515.00 301.45 Td (government ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 287.95 Td (enacted ) Tj ET Q q 0 0 0 rg BT 106.52 287.95 Td (a ) Tj ET Q q 0 0 0 rg BT 114.03 287.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 128.53 287.95 Td (reform ) Tj ET Q q 0 0 0 rg BT 157.03 287.95 Td (which ) Tj ET Q q 0 0 0 rg BT 182.53 287.95 Td (includes ) Tj ET Q q 0 0 0 rg BT 218.05 287.95 Td (several ) Tj ET Q q 0 0 0 rg BT 249.56 287.95 Td (measures ) Tj ET Q q 0 0 0 rg BT 291.57 287.95 Td (such ) Tj ET Q q 0 0 0 rg BT 313.08 287.95 Td (as ) Tj ET Q q 0 0 0 rg BT 325.08 287.95 Td (a ) Tj ET Q q 0 0 0 rg BT 332.58 287.95 Td (reduction ) Tj ET Q q 0 0 0 rg BT 372.10 287.95 Td (of ) Tj ET Q q 0 0 0 rg BT 382.11 287.95 Td (corporate ) Tj ET Q q 0 0 0 rg BT 422.62 287.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 437.13 287.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 455.13 287.95 Td (from ) Tj ET Q q 0 0 0 rg BT 475.63 287.95 Td (35% ) Tj ET Q q 0 0 0 rg BT 496.14 287.95 Td (to ) Tj ET Q q 0 0 0 rg BT 506.14 287.95 Td (21%, ) Tj ET Q q 0 0 0 rg BT 529.15 287.95 Td (ef) Tj ET Q q 0 0 0 rg BT 536.49 287.95 Td (fective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 274.45 Td (on ) Tj ET Q q 0 0 0 rg BT 83.86 274.45 Td (January ) Tj ET Q q 0 0 0 rg BT 117.73 274.45 Td (1, ) Tj ET Q q 0 0 0 rg BT 127.09 274.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 151.46 274.45 Td (and ) Tj ET Q q 0 0 0 rg BT 168.33 274.45 Td (a ) Tj ET Q q 0 0 0 rg BT 175.19 274.45 Td (one-time ) Tj ET Q q 0 0 0 rg BT 212.05 274.45 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 258.93 274.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 272.79 274.45 Td (on ) Tj ET Q q 0 0 0 rg BT 284.65 274.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 321.02 274.45 Td (held ) Tj ET Q q 0 0 0 rg BT 339.89 274.45 Td (by ) Tj ET Q q 0 0 0 rg BT 351.25 274.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 380.62 274.45 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 432.49 274.45 Td ( ) Tj ET Q q 0 0 0 rg BT 434.34 274.45 Td (In ) Tj ET Q q 0 0 0 rg BT 443.70 274.45 Td (addition ) Tj ET Q q 0 0 0 rg BT 477.07 274.45 Td (to ) Tj ET Q q 0 0 0 rg BT 486.43 274.45 Td (the ) Tj ET Q q 0 0 0 rg BT 500.79 274.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 520.15 274.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 534.01 274.45 Td (reform, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 260.95 Td (the ) Tj ET Q q 0 0 0 rg BT 86.72 260.95 Td (government ) Tj ET Q q 0 0 0 rg BT 136.46 260.95 Td (of ) Tj ET Q q 0 0 0 rg BT 146.18 260.95 Td (France ) Tj ET Q q 0 0 0 rg BT 176.40 260.95 Td (enacted ) Tj ET Q q 0 0 0 rg BT 210.64 260.95 Td (a ) Tj ET Q q 0 0 0 rg BT 217.86 260.95 Td (temporary ) Tj ET Q q 0 0 0 rg BT 260.59 260.95 Td (corporate ) Tj ET Q q 0 0 0 rg BT 300.82 260.95 Td (surtax ) Tj ET Q q 0 0 0 rg BT 327.54 260.95 Td (for ) Tj ET Q q 0 0 0 rg BT 340.26 260.95 Td (the ) Tj ET Q q 0 0 0 rg BT 354.98 260.95 Td (current ) Tj ET Q q 0 0 0 rg BT 385.20 260.95 Td (year ) Tj ET Q q 0 0 0 rg BT 404.92 260.95 Td (and ) Tj ET Q q 0 0 0 rg BT 422.15 260.95 Td (a ) Tj ET Q q 0 0 0 rg BT 429.37 260.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 443.59 260.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 461.31 260.95 Td (reduction ) Tj ET Q q 0 0 0 rg BT 500.55 260.95 Td (was ) Tj ET Q q 0 0 0 rg BT 518.76 260.95 Td (enacted ) Tj ET Q q 0 0 0 rg BT 553.00 260.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 247.45 Td (the ) Tj ET Q q 0 0 0 rg BT 86.30 247.45 Td (government ) Tj ET Q q 0 0 0 rg BT 135.63 247.45 Td (of ) Tj ET Q q 0 0 0 rg BT 144.92 247.45 Td (Belgium. ) Tj ET Q q 0 0 0 rg BT 181.38 247.45 Td (As ) Tj ET Q q 0 0 0 rg BT 193.67 247.45 Td (such, ) Tj ET Q q 0 0 0 rg BT 216.98 247.45 Td (during ) Tj ET Q q 0 0 0 rg BT 243.79 247.45 Td (the ) Tj ET Q q 0 0 0 rg BT 258.09 247.45 Td (three ) Tj ET Q q 0 0 0 rg BT 280.40 247.45 Td (months ) Tj ET Q q 0 0 0 rg BT 311.71 247.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 338.53 247.45 Td (December ) Tj ET Q q 0 0 0 rg BT 381.84 247.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 396.14 247.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 420.46 247.45 Td (the ) Tj ET Q q 0 0 0 rg BT 434.76 247.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 475.07 247.45 Td (recorded ) Tj ET Q q 0 0 0 rg BT 512.39 247.45 Td (a ) Tj ET Q q 0 0 0 rg BT 519.19 247.45 Td (net ) Tj ET Q q 0 0 0 rg BT 533.49 247.45 Td (income ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 233.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 86.55 233.95 Td (recovery ) Tj ET Q q 0 0 0 rg BT 123.60 233.95 Td (of ) Tj ET Q q 0 0 0 rg BT 133.65 233.95 Td ($34.1 ) Tj ET Q q 0 0 0 rg BT 158.71 233.95 Td (million ) Tj ET Q q 0 0 0 rg BT 186.75 233.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 223.31 233.95 Td (from ) Tj ET Q q 0 0 0 rg BT 243.85 233.95 Td (the ) Tj ET Q q 0 0 0 rg BT 258.91 233.95 Td (re-evaluation ) Tj ET Q q 0 0 0 rg BT 313.48 233.95 Td (of ) Tj ET Q q 0 0 0 rg BT 323.53 233.95 Td (its ) Tj ET Q q 0 0 0 rg BT 335.07 233.95 Td (deferred ) Tj ET Q q 0 0 0 rg BT 371.13 233.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 385.68 233.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 414.23 233.95 Td (and ) Tj ET Q q 0 0 0 rg BT 431.79 233.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 468.34 233.95 Td (of ) Tj ET Q q 0 0 0 rg BT 478.39 233.95 Td ($45.5 ) Tj ET Q q 0 0 0 rg BT 503.45 233.95 Td (million ) Tj ET Q q 0 0 0 rg BT 531.50 233.95 Td (partially ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 220.45 Td (of) Tj ET Q q 0 0 0 rg BT 79.34 220.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 96.35 220.45 Td (by ) Tj ET Q q 0 0 0 rg BT 108.36 220.45 Td (an ) Tj ET Q q 0 0 0 rg BT 120.87 220.45 Td (income ) Tj ET Q q 0 0 0 rg BT 152.38 220.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 166.89 220.45 Td (expense ) Tj ET Q q 0 0 0 rg BT 203.41 220.45 Td (of ) Tj ET Q q 0 0 0 rg BT 213.42 220.45 Td ($1) Tj ET Q q 0 0 0 rg BT 222.76 220.45 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 237.77 220.45 Td (million ) Tj ET Q q 0 0 0 rg BT 265.78 220.45 Td (in ) Tj ET Q q 0 0 0 rg BT 275.29 220.45 Td (relation ) Tj ET Q q 0 0 0 rg BT 307.31 220.45 Td (to ) Tj ET Q q 0 0 0 rg BT 317.31 220.45 Td (the ) Tj ET Q q 0 0 0 rg BT 332.32 220.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 352.33 220.45 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 399.85 220.45 Td (tax.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 200.95 Td (When ) Tj ET Q q 0 0 0 rg BT 98.60 200.95 Td (excluding ) Tj ET Q q 0 0 0 rg BT 139.72 200.95 Td (these ) Tj ET Q q 0 0 0 rg BT 164.83 200.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 179.93 200.95 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 231.55 200.95 Td (and ) Tj ET Q q 0 0 0 rg BT 249.66 200.95 Td (the ) Tj ET Q q 0 0 0 rg BT 265.27 200.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 280.37 200.95 Td (ef) Tj ET Q q 0 0 0 rg BT 287.71 200.95 Td (fects ) Tj ET Q q 0 0 0 rg BT 309.81 200.95 Td (from ) Tj ET Q q 0 0 0 rg BT 330.90 200.95 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 407.04 200.95 Td (and ) Tj ET Q q 0 0 0 rg BT 425.15 200.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 470.27 200.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 494.37 200.95 Td (and ) Tj ET Q q 0 0 0 rg BT 512.48 200.95 Td (restructuring ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 187.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 95.28 187.45 Td (incurred, ) Tj ET Q q 0 0 0 rg BT 132.57 187.45 Td (the ) Tj ET Q q 0 0 0 rg BT 147.35 187.45 Td (income ) Tj ET Q q 0 0 0 rg BT 178.63 187.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 192.91 187.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 210.69 187.45 Td (would ) Tj ET Q q 0 0 0 rg BT 236.48 187.45 Td (have ) Tj ET Q q 0 0 0 rg BT 258.27 187.45 Td (been ) Tj ET Q q 0 0 0 rg BT 280.56 187.45 Td (25.7% ) Tj ET Q q 0 0 0 rg BT 308.35 187.45 Td (for ) Tj ET Q q 0 0 0 rg BT 321.13 187.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.91 187.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 355.20 187.45 Td (months ) Tj ET Q q 0 0 0 rg BT 386.98 187.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 414.28 187.45 Td (June ) Tj ET Q q 0 0 0 rg BT 436.07 187.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 450.85 187.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.87 187.45 Td (, ) Tj ET Q q 0 0 0 rg BT 475.65 187.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 517.94 187.45 Td (to ) Tj ET Q q 0 0 0 rg BT 527.72 187.45 Td (26.9% ) Tj ET Q q 0 0 0 rg BT 555.51 187.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 173.95 Td (the ) Tj ET Q q 0 0 0 rg BT 86.55 173.95 Td (same ) Tj ET Q q 0 0 0 rg BT 110.60 173.95 Td (period ) Tj ET Q q 0 0 0 rg BT 137.66 173.95 Td (last ) Tj ET Q q 0 0 0 rg BT 153.71 173.95 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 176.26 173.95 Td (year) Tj ET Q q 0 0 0 rg BT 193.27 173.95 Td (. ) Tj ET Q q 0 0 0 rg BT 197.68 173.95 Td (The ) Tj ET Q q 0 0 0 rg BT 215.23 173.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 254.30 173.95 Td (in ) Tj ET Q q 0 0 0 rg BT 263.35 173.95 Td (income ) Tj ET Q q 0 0 0 rg BT 294.40 173.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 308.45 173.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 326.00 173.95 Td (was ) Tj ET Q q 0 0 0 rg BT 344.05 173.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 372.10 173.95 Td (attributable ) Tj ET Q q 0 0 0 rg BT 418.67 173.95 Td (to ) Tj ET Q q 0 0 0 rg BT 428.22 173.95 Td (the ) Tj ET Q q 0 0 0 rg BT 442.77 173.95 Td (taxation ) Tj ET Q q 0 0 0 rg BT 476.34 173.95 Td (of ) Tj ET Q q 0 0 0 rg BT 485.88 173.95 Td (our ) Tj ET Q q 0 0 0 rg BT 500.93 173.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 520.48 173.95 Td (operations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 160.45 Td (at ) Tj ET Q q 0 0 0 rg BT 82.01 160.45 Td (a ) Tj ET Q q 0 0 0 rg BT 89.51 160.45 Td (lower ) Tj ET Q q 0 0 0 rg BT 113.52 160.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 128.03 160.45 Td (rate.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 140.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 140.95 Td (table ) Tj ET Q q 0 0 0 rg BT 112.03 140.95 Td (in ) Tj ET Q q 0 0 0 rg BT 121.53 140.95 Td (section ) Tj ET Q q 0 0 0 rg BT 152.55 140.95 Td (3.8.3. ) Tj ET Q q 0 0 0 rg BT 177.57 140.95 Td (shows ) Tj ET Q q 0 0 0 rg BT 205.58 140.95 Td (the ) Tj ET Q q 0 0 0 rg BT 220.59 140.95 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 281.61 140.95 Td (comparison ) Tj ET Q q 0 0 0 rg BT 330.63 140.95 Td (of ) Tj ET Q q 0 0 0 rg BT 340.63 140.95 Td (the ) Tj ET Q q 0 0 0 rg BT 355.65 140.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 370.15 140.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 388.16 140.95 Td (with ) Tj ET Q q 0 0 0 rg BT 406.67 140.95 Td (the ) Tj ET Q q 0 0 0 rg BT 421.68 140.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 450.69 140.95 Td (of ) Tj ET Q q 0 0 0 rg BT 460.69 140.95 Td (specific ) Tj ET Q q 0 0 0 rg BT 493.20 140.95 Td (items ) Tj ET Q q 0 0 0 rg BT 517.21 140.95 Td (removed.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 119.95 Td (Based ) Tj ET Q q 0 0 0 rg BT 99.95 119.95 Td (on ) Tj ET Q q 0 0 0 rg BT 112.39 119.95 Td (the ) Tj ET Q q 0 0 0 rg BT 127.33 119.95 Td (enacted ) Tj ET Q q 0 0 0 rg BT 161.79 119.95 Td (rates ) Tj ET Q q 0 0 0 rg BT 184.23 119.95 Td (at ) Tj ET Q q 0 0 0 rg BT 194.16 119.95 Td (the ) Tj ET Q q 0 0 0 rg BT 209.10 119.95 Td (end ) Tj ET Q q 0 0 0 rg BT 226.55 119.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.48 119.95 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.49 119.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 250.92 119.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 270.94 119.95 Td ( ) Tj ET Q q 0 0 0 rg BT 273.37 119.95 Td (and ) Tj ET Q q 0 0 0 rg BT 290.81 119.95 Td (our ) Tj ET Q q 0 0 0 rg BT 306.25 119.95 Td (current ) Tj ET Q q 0 0 0 rg BT 336.69 119.95 Td (business ) Tj ET Q q 0 0 0 rg BT 374.64 119.95 Td (mix, ) Tj ET Q q 0 0 0 rg BT 393.57 119.95 Td (we ) Tj ET Q q 0 0 0 rg BT 407.50 119.95 Td (expect ) Tj ET Q q 0 0 0 rg BT 436.45 119.95 Td (our ) Tj ET Q q 0 0 0 rg BT 451.89 119.95 Td (ef) Tj ET Q q 0 0 0 rg BT 459.23 119.95 Td (fective ) Tj ET Q q 0 0 0 rg BT 487.67 119.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 502.11 119.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 520.05 119.95 Td (before ) Tj ET Q q 0 0 0 rg BT 548.00 119.95 Td (any ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 106.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 114.52 106.45 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 165.55 106.45 Td (to ) Tj ET Q q 0 0 0 rg BT 175.55 106.45 Td (be ) Tj ET Q q 0 0 0 rg BT 188.06 106.45 Td (in ) Tj ET Q q 0 0 0 rg BT 197.57 106.45 Td (the ) Tj ET Q q 0 0 0 rg BT 212.58 106.45 Td (range ) Tj ET Q q 0 0 0 rg BT 238.10 106.45 Td (of ) Tj ET Q q 0 0 0 rg BT 248.11 106.45 Td (24.5% ) Tj ET Q q 0 0 0 rg BT 276.13 106.45 Td (to ) Tj ET Q q 0 0 0 rg BT 286.13 106.45 Td (26.5% ) Tj ET Q q 0 0 0 rg BT 314.15 106.45 Td (in ) Tj ET Q q 0 0 0 rg BT 323.66 106.45 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 372.70 106.45 Td (periods.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (25) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (3.8.2. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (W) Tj ET Q q 0 0 0 rg BT 106.85 708.95 Td (eighted ) Tj ET Q q 0 0 0 rg BT 141.02 708.95 Td (A) Tj ET Q q 0 0 0 rg BT 147.18 708.95 Td (verage ) Tj ET Q q 0 0 0 rg BT 178.71 708.95 Td (Number ) Tj ET Q q 0 0 0 rg BT 215.21 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 226.21 708.95 Td (Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 687.95 Td (For ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 87.54 687.95 Td (Q3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.55 687.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 101.59 687.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 121.61 687.95 Td (, ) Tj ET Q q 0 0 0 rg BT 126.16 687.95 Td (CGI) Tj ET Q q 0 0 0 rg BT 144.00 687.95 Td (s ) Tj ET Q q 0 0 0 rg BT 150.54 687.95 Td (basic ) Tj ET Q q 0 0 0 rg BT 173.59 687.95 Td (and ) Tj ET Q q 0 0 0 rg BT 190.65 687.95 Td (diluted ) Tj ET Q q 0 0 0 rg BT 219.22 687.95 Td (weighted ) Tj ET Q q 0 0 0 rg BT 257.29 687.95 Td (average ) Tj ET Q q 0 0 0 rg BT 291.86 687.95 Td (number ) Tj ET Q q 0 0 0 rg BT 324.42 687.95 Td (of ) Tj ET Q q 0 0 0 rg BT 333.97 687.95 Td (shares ) Tj ET Q q 0 0 0 rg BT 363.02 687.95 Td (decreased ) Tj ET Q q 0 0 0 rg BT 407.10 687.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 449.16 687.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 458.71 687.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.72 687.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.76 687.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.78 687.95 Td ( ) Tj ET Q q 0 0 0 rg BT 494.83 687.95 Td (due ) Tj ET Q q 0 0 0 rg BT 511.89 687.95 Td (to ) Tj ET Q q 0 0 0 rg BT 521.44 687.95 Td (the ) Tj ET Q q 0 0 0 rg BT 535.99 687.95 Td (impact ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 674.45 Td (of ) Tj ET Q q 0 0 0 rg BT 82.01 674.45 Td (the ) Tj ET Q q 0 0 0 rg BT 97.02 674.45 Td (purchase ) Tj ET Q q 0 0 0 rg BT 136.54 674.45 Td (for ) Tj ET Q q 0 0 0 rg BT 149.55 674.45 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 199.58 674.45 Td (of ) Tj ET Q q 0 0 0 rg BT 209.58 674.45 Td (Class ) Tj ET Q q 0 0 0 rg BT 234.09 674.45 Td (A) Tj ET Q q 0 0 0 rg BT 239.60 674.45 Td ( ) Tj ET Q q 0 0 0 rg BT 242.10 674.45 Td (Shares, ) Tj ET Q q 0 0 0 rg BT 275.62 674.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 300.12 674.45 Td (of) Tj ET Q q 0 0 0 rg BT 307.47 674.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 324.47 674.45 Td (by ) Tj ET Q q 0 0 0 rg BT 336.48 674.45 Td (the ) Tj ET Q q 0 0 0 rg BT 351.49 674.45 Td (grant ) Tj ET Q q 0 0 0 rg BT 374.51 674.45 Td (and ) Tj ET Q q 0 0 0 rg BT 392.02 674.45 Td (the ) Tj ET Q q 0 0 0 rg BT 407.03 674.45 Td (exercise ) Tj ET Q q 0 0 0 rg BT 443.05 674.45 Td (of ) Tj ET Q q 0 0 0 rg BT 453.05 674.45 Td (stock ) Tj ET Q q 0 0 0 rg BT 476.56 674.45 Td (options.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 645.95 Td (3.8.3. ) Tj ET Q q 0 0 0 rg BT 98.52 645.95 Td (Net ) Tj ET Q q 0 0 0 rg BT 115.52 645.95 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 156.53 645.95 Td (and ) Tj ET Q q 0 0 0 rg BT 175.03 645.95 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 216.04 645.95 Td (per ) Tj ET Q q 0 0 0 rg BT 232.55 645.95 Td (Share ) Tj ET Q q 0 0 0 rg BT 260.06 645.95 Td (Excluding ) Tj ET Q q 0 0 0 rg BT 305.57 645.95 Td (Specific ) Tj ET Q q 0 0 0 rg BT 342.58 645.95 Td (Items) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (Below ) Tj ET Q q 0 0 0 rg BT 98.94 626.45 Td (is ) Tj ET Q q 0 0 0 rg BT 107.86 626.45 Td (a ) Tj ET Q q 0 0 0 rg BT 115.29 626.45 Td (table ) Tj ET Q q 0 0 0 rg BT 137.23 626.45 Td (showing ) Tj ET Q q 0 0 0 rg BT 172.67 626.45 Td (the ) Tj ET Q q 0 0 0 rg BT 187.61 626.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 248.55 626.45 Td (comparison ) Tj ET Q q 0 0 0 rg BT 297.49 626.45 Td (excluding ) Tj ET Q q 0 0 0 rg BT 337.94 626.45 Td (specific ) Tj ET Q q 0 0 0 rg BT 370.37 626.45 Td (items ) Tj ET Q q 0 0 0 rg BT 394.30 626.45 Td (namely) Tj ET Q q 0 0 0 rg BT 422.64 626.45 Td (, ) Tj ET Q q 0 0 0 rg BT 427.57 626.45 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 503.03 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 520.47 626.45 Td (integration ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 612.95 Td (costs, ) Tj ET Q q 0 0 0 rg BT 98.01 612.95 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 150.53 612.95 Td (costs, ) Tj ET Q q 0 0 0 rg BT 176.53 612.95 Td (and ) Tj ET Q q 0 0 0 rg BT 194.05 612.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 208.56 612.95 Td (adjustments:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 596.45 148.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 220.50 596.45 171.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 391.50 596.45 171.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 220.50 583.45 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 277.50 583.45 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 334.50 583.45 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 391.50 583.45 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 448.50 583.45 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 505.50 583.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 570.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 570.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 557.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 557.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 544.45 57.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 544.45 57.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 526.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 526.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 513.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 513.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 493.45 148.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 493.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 493.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 493.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 493.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 493.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 493.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 480.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 480.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 476.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 476.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 463.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 463.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 450.45 57.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 450.45 57.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 432.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 432.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 419.45 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 419.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 406.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 406.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 386.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 386.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 386.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 386.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 386.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 386.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 386.45 57.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 366.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 366.45 57.00 -4.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 362.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 362.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 342.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 342.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 342.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 342.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 342.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 342.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 342.45 57.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 322.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 322.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 318.45 57.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 318.45 57.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 299.45 57.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 299.45 57.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 273.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 273.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 269.45 57.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 269.45 57.00 -26.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 243.45 57.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 243.45 57.00 -4.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 239.45 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 239.45 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 219.45 148.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 219.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 206.45 148.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 206.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 206.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 206.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 206.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 206.45 57.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 206.45 57.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 596.45 m 220.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 596.45 m 277.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 277.5 596.45 m 334.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 334.5 596.45 m 391.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 596.45 m 448.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 596.45 m 505.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 596.45 m 562.5 596.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 193.45000000000005 m 220.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 193.45000000000005 m 277.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 277.5 193.45000000000005 m 334.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 334.5 193.45000000000005 m 391.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 193.45000000000005 m 448.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 193.45000000000005 m 505.5 193.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 193.45000000000005 m 562.5 193.45000000000005 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 585.15 Td (In thousands of CAD except for percentages) Tj ET Q BT /F4 7.00 Tf ET q 1 1 1 rg BT 75.00 578.15 Td (and shares data) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 241.95 587.93 Td (For the three months endedJune 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 587.68 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 250.20 574.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 307.20 574.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 352.65 574.68 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 421.20 574.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 478.20 574.68 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 574.68 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 561.68 Td (Earnings before income taxes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 561.68 Td (388,135) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 561.68 Td (379,269) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.05 561.68 Td (2.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 561.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.25 561.73 Td (1,097,201) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.25 561.73 Td (1,130,247) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 561.68 Td (\(2.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 561.68 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 548.63 Td (Add back:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 536.13 Td (Acquisition-related and integration) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 528.18 Td (costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.75 530.68 Td (8,532) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 306.80 530.73 Td (2,936) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.15 530.68 Td (190.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 530.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.30 530.68 Td (35,393) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 477.80 530.73 Td (7,326) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 530.68 Td (383.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 530.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 517.68 Td (Restructuring costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.35 517.68 Td (19,997) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.85 517.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.20 517.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 517.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.30 517.68 Td (80,305) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.85 517.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.20 517.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 517.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 505.13 Td (Earnings before income taxes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 497.13 Td (excluding specific items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 497.68 Td (416,664) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 497.68 Td (382,205) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.05 497.68 Td (9.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 497.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.25 497.73 Td (1,212,899) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.25 497.73 Td (1,137,573) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 497.68 Td (6.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 497.68 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 484.68 Td (Margin) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 248.25 484.68 Td (14.2) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 263.85 484.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 305.25 484.63 Td (13.5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 320.85 484.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 419.25 484.68 Td (13.9) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 434.85 484.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 476.25 484.68 Td (13.8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 491.85 484.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 467.68 Td (Income tax expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.35 467.68 Td (99,855) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 467.68 Td (102,625) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.40 467.68 Td (\(2.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 467.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 467.68 Td (249,284) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.90 467.68 Td (303,514) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.95 467.68 Td (\(17.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 467.68 Td (%\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 454.63 Td (Add back:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 442.13 Td (T) Tj ET Q q 0 0 0 rg BT 91.44 442.13 Td (ax deduction on acquisition-related) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 434.18 Td (and integration costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.75 436.68 Td (1,800) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 306.80 436.73 Td (1,1) Tj ET Q q 0 0 0 rg BT 317.92 436.73 Td (19) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.55 436.68 Td (60.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 436.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.80 436.73 Td (7,474) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 477.80 436.73 Td (2,792) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 436.68 Td (167.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 436.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 423.68 Td (T) Tj ET Q q 0 0 0 rg BT 91.44 423.68 Td (ax deduction on restructuring costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.75 423.68 Td (5,338) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.85 423.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.20 423.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 423.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.30 423.68 Td (21,162) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.85 423.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.20 423.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 423.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 410.68 Td (Net tax adjustment) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 261.85 410.68 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.85 410.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.20 410.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 410.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.30 410.68 Td (34,100) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.85 410.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.20 410.68 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 410.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 398.13 Td (Income tax expense excluding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 390.13 Td (specific items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 390.68 Td (106,993) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 390.68 Td (103,744) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.05 390.68 Td (3.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 390.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 390.68 Td (312,020) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.90 390.68 Td (306,306) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 390.68 Td (1.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 390.68 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 378.13 Td (Ef) Tj ET Q q 0 0 0 rg BT 94.93 378.13 Td (fective tax rate excluding) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 370.13 Td (specific items) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 248.25 370.68 Td (25.7) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 263.85 370.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 305.25 370.63 Td (27.1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 320.85 370.63 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 419.25 370.73 Td (25.7) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 434.85 370.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 476.25 370.68 Td (26.9) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 491.85 370.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 354.13 Td (Net earnings excluding specific) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 346.13 Td (items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 346.68 Td (309,671) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 346.68 Td (278,461) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.55 346.68 Td (1) Tj ET Q q 0 0 0 rg BT 364.00 346.68 Td (1.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 346.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 346.68 Td (900,879) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.90 346.68 Td (831,267) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.05 346.68 Td (8.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 346.68 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 334.13 Td (Net earnings excluding specific) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 87.00 326.13 Td (items margin) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 248.25 326.68 Td (10.5) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 263.85 326.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 309.70 326.63 Td (9.8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 320.85 326.63 Td (%) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 419.25 326.73 Td (10.3) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 434.85 326.68 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 476.25 326.68 Td (10.1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 491.85 326.63 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 310.13 Td (W) Tj ET Q q 0 0 0 rg BT 82.48 310.13 Td (eighted average number of shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 302.13 Td (outstanding) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 291.13 Td (Class) Tj ET Q q 0 0 0 rg BT 103.01 291.13 Td (A) Tj ET Q q 0 0 0 rg BT 107.90 291.13 Td ( subordinate voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 283.13 Td (and Class B multiple voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 275.18 Td (\(basic\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 225.35 277.68 Td (282,885,089) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 282.35 277.68 Td (295,692,501) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.40 277.68 Td (\(4.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 277.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.30 277.68 Td (285,382,482) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 453.30 277.68 Td (299,137,368) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 277.68 Td (\(4.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 277.68 Td (%\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 261.13 Td (Class) Tj ET Q q 0 0 0 rg BT 103.01 261.13 Td (A) Tj ET Q q 0 0 0 rg BT 107.90 261.13 Td ( subordinate voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 253.13 Td (and Class B multiple voting shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 245.18 Td (\(diluted\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 225.35 247.68 Td (287,540,464) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 282.35 247.68 Td (300,832,642) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.40 247.68 Td (\(4.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 247.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.30 247.68 Td (290,160,075) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 453.30 247.68 Td (305,015,507) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.40 247.68 Td (\(4.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 247.68 Td (%\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 231.13 Td (Earnings per share excluding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 223.13 Td (specific items \(in dollars\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 210.68 Td (Basic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.25 210.68 Td (1.09) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.25 210.68 Td (0.94) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.55 210.68 Td (16.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 210.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.25 210.73 Td (3.16) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 482.25 210.73 Td (2.78) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 210.73 Td (13.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 210.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.00 197.68 Td (Diluted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.25 197.68 Td (1.08) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 311.25 197.68 Td (0.93) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.55 197.68 Td (16.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.20 197.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.25 197.73 Td (3.10) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 482.25 197.73 Td (2.73) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 197.73 Td (13.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.20 197.68 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (26) Tj ET Q BT /F1 10.00 Tf ET BT /F3 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td () Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 52.83 706.80 Td (4. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Liquidity) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 694.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 690.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 142.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 690.3 m 228.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 690.3 m 337.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 690.3 m 475.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 690.3 m 561.5 690.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 57.5 686.3 l s BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 664.30 Td (4.1. ) Tj ET Q q 0 0 0 rg BT 91.01 664.30 Td (INTERIM ) Tj ET Q q 0 0 0 rg BT 130.51 664.30 Td (CONDENSED ) Tj ET Q q 0 0 0 rg BT 190.52 664.30 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 243.85 664.30 Td (TED ) Tj ET Q q 0 0 0 rg BT 264.35 664.30 Td (ST) Tj ET Q q 0 0 0 rg BT 275.18 664.30 Td (A) Tj ET Q q 0 0 0 rg BT 281.01 664.30 Td (TEMENTS ) Tj ET Q q 0 0 0 rg BT 326.52 664.30 Td (OF ) Tj ET Q q 0 0 0 rg BT 341.51 664.30 Td (CASH ) Tj ET Q q 0 0 0 rg BT 369.52 664.30 Td (FLOWS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 642.65 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.34 642.65 Td (s ) Tj ET Q q 0 0 0 rg BT 96.31 642.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 125.80 642.65 Td (is ) Tj ET Q q 0 0 0 rg BT 134.78 642.65 Td (financed ) Tj ET Q q 0 0 0 rg BT 171.29 642.65 Td (through ) Tj ET Q q 0 0 0 rg BT 204.29 642.65 Td (a ) Tj ET Q q 0 0 0 rg BT 211.77 642.65 Td (combination ) Tj ET Q q 0 0 0 rg BT 262.77 642.65 Td (of ) Tj ET Q q 0 0 0 rg BT 272.76 642.65 Td (cash ) Tj ET Q q 0 0 0 rg BT 294.25 642.65 Td (flow ) Tj ET Q q 0 0 0 rg BT 312.73 642.65 Td (from ) Tj ET Q q 0 0 0 rg BT 333.20 642.65 Td (operations, ) Tj ET Q q 0 0 0 rg BT 380.21 642.65 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 422.21 642.65 Td (under ) Tj ET Q q 0 0 0 rg BT 447.70 642.65 Td (our ) Tj ET Q q 0 0 0 rg BT 463.19 642.65 Td (existing ) Tj ET Q q 0 0 0 rg BT 496.18 642.65 Td (credit ) Tj ET Q q 0 0 0 rg BT 520.67 642.65 Td (facility) Tj ET Q q 0 0 0 rg BT 545.00 642.65 Td (, ) Tj ET Q q 0 0 0 rg BT 549.98 642.65 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 626.95 Td (issuance ) Tj ET Q q 0 0 0 rg BT 109.21 626.95 Td (of ) Tj ET Q q 0 0 0 rg BT 118.90 626.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 159.10 626.95 Td (debt, ) Tj ET Q q 0 0 0 rg BT 181.30 626.95 Td (and ) Tj ET Q q 0 0 0 rg BT 198.51 626.95 Td (the ) Tj ET Q q 0 0 0 rg BT 213.20 626.95 Td (issuance ) Tj ET Q q 0 0 0 rg BT 250.91 626.95 Td (of ) Tj ET Q q 0 0 0 rg BT 260.60 626.95 Td (equity) Tj ET Q q 0 0 0 rg BT 283.95 626.95 Td (. ) Tj ET Q q 0 0 0 rg BT 288.64 626.95 Td (One ) Tj ET Q q 0 0 0 rg BT 307.84 626.95 Td (of ) Tj ET Q q 0 0 0 rg BT 317.53 626.95 Td (our ) Tj ET Q q 0 0 0 rg BT 332.72 626.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 367.93 626.95 Td (priorities ) Tj ET Q q 0 0 0 rg BT 404.13 626.95 Td (is ) Tj ET Q q 0 0 0 rg BT 412.81 626.95 Td (to ) Tj ET Q q 0 0 0 rg BT 422.50 626.95 Td (maintain ) Tj ET Q q 0 0 0 rg BT 458.71 626.95 Td (an ) Tj ET Q q 0 0 0 rg BT 470.91 626.95 Td (optimal ) Tj ET Q q 0 0 0 rg BT 502.10 626.95 Td (level ) Tj ET Q q 0 0 0 rg BT 522.80 626.95 Td (of ) Tj ET Q q 0 0 0 rg BT 532.49 626.95 Td (liquidity ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 611.30 Td (through ) Tj ET Q q 0 0 0 rg BT 104.52 611.30 Td (the ) Tj ET Q q 0 0 0 rg BT 119.54 611.30 Td (active ) Tj ET Q q 0 0 0 rg BT 145.55 611.30 Td (management ) Tj ET Q q 0 0 0 rg BT 200.58 611.30 Td (of ) Tj ET Q q 0 0 0 rg BT 210.59 611.30 Td (our ) Tj ET Q q 0 0 0 rg BT 226.10 611.30 Td (assets ) Tj ET Q q 0 0 0 rg BT 254.61 611.30 Td (and ) Tj ET Q q 0 0 0 rg BT 272.12 611.30 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 308.64 611.30 Td (as ) Tj ET Q q 0 0 0 rg BT 320.64 611.30 Td (well ) Tj ET Q q 0 0 0 rg BT 338.65 611.30 Td (as ) Tj ET Q q 0 0 0 rg BT 350.65 611.30 Td (our ) Tj ET Q q 0 0 0 rg BT 366.16 611.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 387.67 611.30 Td (flows.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 591.80 Td (As ) Tj ET Q q 0 0 0 rg BT 84.26 591.80 Td (at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 93.52 591.80 Td (June30, ) Tj ET Q q 0 0 0 rg BT 129.80 591.80 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.82 591.80 Td (, ) Tj ET Q q 0 0 0 rg BT 154.08 591.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 174.84 591.80 Td (and ) Tj ET Q q 0 0 0 rg BT 191.61 591.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 212.38 591.80 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 259.66 591.80 Td (were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.92 591.80 Td ($171.1 ) Tj ET Q q 0 0 0 rg BT 310.21 591.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.71 591.80 Td (. ) Tj ET Q q 0 0 0 rg BT 339.85 591.80 Td (The ) Tj ET Q q 0 0 0 rg BT 357.12 591.80 Td (following ) Tj ET Q q 0 0 0 rg BT 393.89 591.80 Td (table ) Tj ET Q q 0 0 0 rg BT 415.16 591.80 Td (provides ) Tj ET Q q 0 0 0 rg BT 450.93 591.80 Td (a ) Tj ET Q q 0 0 0 rg BT 457.69 591.80 Td (summary ) Tj ET Q q 0 0 0 rg BT 496.45 591.80 Td (of ) Tj ET Q q 0 0 0 rg BT 505.71 591.80 Td (the ) Tj ET Q q 0 0 0 rg BT 519.98 591.80 Td (generation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 578.30 Td (and ) Tj ET Q q 0 0 0 rg BT 89.52 578.30 Td (use ) Tj ET Q q 0 0 0 rg BT 106.53 578.30 Td (of ) Tj ET Q q 0 0 0 rg BT 116.53 578.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 138.05 578.30 Td (for ) Tj ET Q q 0 0 0 rg BT 151.05 578.30 Td (the ) Tj ET Q q 0 0 0 rg BT 166.06 578.30 Td (three ) Tj ET Q q 0 0 0 rg BT 189.07 578.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 206.59 578.30 Td (nine ) Tj ET Q q 0 0 0 rg BT 226.11 578.30 Td (months ) Tj ET Q q 0 0 0 rg BT 258.12 578.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 285.65 578.30 Td (June ) Tj ET Q q 0 0 0 rg BT 307.67 578.30 Td (30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.18 578.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.68 578.30 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.70 578.30 Td ( ) Tj ET Q q 0 0 0 rg BT 345.20 578.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.72 578.30 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.74 578.30 Td (.) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 561.80 130.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 202.50 561.80 180.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 382.50 561.80 180.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 202.50 548.80 60.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 262.50 548.80 60.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 322.50 548.80 60.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 382.50 548.80 60.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 442.50 548.80 60.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 502.50 548.80 60.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 202.50 535.80 60.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 382.50 535.80 60.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 202.50 517.80 60.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 382.50 517.80 60.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 202.50 504.80 60.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 382.50 504.80 60.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 202.50 491.80 60.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 382.50 491.80 60.00 -28.00 re f /GS0 gs 0.6745098039215687 0.6745098039215687 0.6745098039215687 rg /GS0 gs 72.50 463.80 130.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 202.50 463.80 60.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 262.50 463.80 60.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 322.50 463.80 60.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 382.50 463.80 60.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 442.50 463.80 60.00 -19.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 502.50 463.80 60.00 -19.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 561.8 m 202.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 202.5 561.8 m 262.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 561.8 m 322.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 322.5 561.8 m 382.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 382.5 561.8 m 442.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 561.8 m 502.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 561.8 m 562.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 444.8 m 202.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 202.5 444.8 m 262.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 444.8 m 322.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 322.5 444.8 m 382.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 382.5 444.8 m 442.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 444.8 m 502.5 444.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 444.8 m 562.5 444.8 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 547.00 Td (In thousands of CAD) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 232.95 553.28 Td (For the three months endedJune 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 553.28 Td (For the nine months endedJune 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 235.20 540.28 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 295.20 540.28 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 343.65 540.28 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 415.20 540.28 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 475.20 540.28 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 540.28 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 527.48 Td (Cash provided by operating) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 519.53 Td (activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.35 522.03 Td (317,303) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 284.35 522.03 Td (290,602) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.80 522.08 Td (26,701) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.70 522.08 Td (1,153,045) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 457.70 522.08 Td (1,006,475) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 522.08 Td (146,570) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 509.03 Td (Cash used in investing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.70 509.03 Td (\(127,496) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.30 509.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 281.70 509.03 Td (\(176,008) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 313.30 509.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.80 509.08 Td (48,512) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.70 509.08 Td (\(500,592) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.30 509.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 461.70 509.08 Td (\(494,135) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.30 509.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 509.08 Td (\(6,457) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 509.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 496.03 Td (Cash used in financing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.70 496.03 Td (\(297,1) Tj ET Q q 0 0 0 rg BT 244.38 496.03 Td (17) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.30 496.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 281.70 496.03 Td (\(100,306) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 313.30 496.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.70 496.08 Td (\(196,81) Tj ET Q q 0 0 0 rg BT 368.83 496.08 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.30 496.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.70 496.08 Td (\(652,924) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.30 496.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 461.70 496.08 Td (\(809,090) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.30 496.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 496.08 Td (156,166) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 483.48 Td (Ef) Tj ET Q q 0 0 0 rg BT 82.41 483.48 Td (fect of foreign exchange rate) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 475.48 Td (changes on cash and cash) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 467.48 Td (equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.60 468.03 Td (\(9,140) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.30 468.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 293.25 468.08 Td (6,61) Tj ET Q q 0 0 0 rg BT 308.82 468.08 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.15 468.03 Td (\(15,751) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.30 468.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.25 468.08 Td (5,695) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.25 468.08 Td (3,158) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.25 468.08 Td (2,537) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 455.48 Td (Net \(decrease\) increase in cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 447.48 Td (and cash equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.70 449.03 Td (\(1) Tj ET Q q 0 0 0 rg BT 228.81 449.03 Td (16,450) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.30 449.03 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 288.80 449.08 Td (20,899) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.70 449.08 Td (\(137,349) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.30 449.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.25 449.08 Td (5,224) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 461.70 449.08 Td (\(293,592) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 493.30 449.03 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 449.08 Td (298,816) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 419.50 Td (4.1.1. ) Tj ET Q q 0 0 0 rg BT 98.52 419.50 Td (Cash ) Tj ET Q q 0 0 0 rg BT 123.03 419.50 Td (Provided ) Tj ET Q q 0 0 0 rg BT 164.04 419.50 Td (by ) Tj ET Q q 0 0 0 rg BT 177.04 419.50 Td (Operating ) Tj ET Q q 0 0 0 rg BT 221.71 419.50 Td (Activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 403.00 Td (For ) Tj ET Q q 0 0 0 rg BT 87.89 403.00 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.78 403.00 Td (three ) Tj ET Q q 0 0 0 rg BT 125.68 403.00 Td (months ) Tj ET Q q 0 0 0 rg BT 157.58 403.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 184.99 403.00 Td (June ) Tj ET Q q 0 0 0 rg BT 206.90 403.00 Td (30, ) Tj ET Q q 0 0 0 rg BT 221.79 403.00 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 241.81 403.00 Td (, ) Tj ET Q q 0 0 0 rg BT 246.70 403.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 268.10 403.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 305.01 403.00 Td (by ) Tj ET Q q 0 0 0 rg BT 316.90 403.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 356.81 403.00 Td (activities ) Tj ET Q q 0 0 0 rg BT 393.71 403.00 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.10 403.00 Td ($317.3 ) Tj ET Q q 0 0 0 rg BT 442.01 403.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.52 403.00 Td ( ) Tj ET Q q 0 0 0 rg BT 469.90 403.00 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.29 403.00 Td (10.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.81 403.00 Td ( ) Tj ET Q q 0 0 0 rg BT 508.20 403.00 Td (of ) Tj ET Q q 0 0 0 rg BT 518.09 403.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 553.00 403.00 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 389.50 Td (compared ) Tj ET Q q 0 0 0 rg BT 114.27 389.50 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 124.02 389.50 Td ($290.6 ) Tj ET Q q 0 0 0 rg BT 153.80 389.50 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 179.31 389.50 Td ( ) Tj ET Q q 0 0 0 rg BT 181.56 389.50 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.81 389.50 Td (10.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 217.33 389.50 Td ( ) Tj ET Q q 0 0 0 rg BT 219.58 389.50 Td (for ) Tj ET Q q 0 0 0 rg BT 232.33 389.50 Td (the ) Tj ET Q q 0 0 0 rg BT 247.09 389.50 Td (same ) Tj ET Q q 0 0 0 rg BT 271.34 389.50 Td (period ) Tj ET Q q 0 0 0 rg BT 298.61 389.50 Td (last ) Tj ET Q q 0 0 0 rg BT 314.87 389.50 Td (year) Tj ET Q q 0 0 0 rg BT 331.88 389.50 Td (. ) Tj ET Q q 0 0 0 rg BT 336.63 389.50 Td (For ) Tj ET Q q 0 0 0 rg BT 352.38 389.50 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.14 389.50 Td (nine ) Tj ET Q q 0 0 0 rg BT 386.40 389.50 Td (months ) Tj ET Q q 0 0 0 rg BT 418.16 389.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 445.44 389.50 Td (June ) Tj ET Q q 0 0 0 rg BT 467.20 389.50 Td (30, ) Tj ET Q q 0 0 0 rg BT 481.96 389.50 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.99 389.50 Td (, ) Tj ET Q q 0 0 0 rg BT 506.74 389.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 528.00 389.50 Td (provided ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 376.00 Td (by ) Tj ET Q q 0 0 0 rg BT 83.99 376.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 124.01 376.00 Td (activities ) Tj ET Q q 0 0 0 rg BT 161.00 376.00 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 179.49 376.00 Td ($1,153.0 ) Tj ET Q q 0 0 0 rg BT 217.01 376.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.52 376.00 Td ( ) Tj ET Q q 0 0 0 rg BT 245.00 376.00 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.49 376.00 Td (13.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.01 376.00 Td ( ) Tj ET Q q 0 0 0 rg BT 283.50 376.00 Td (of ) Tj ET Q q 0 0 0 rg BT 293.49 376.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 328.50 376.00 Td (compared ) Tj ET Q q 0 0 0 rg BT 371.01 376.00 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 376.00 Td ($1,006.5 ) Tj ET Q q 0 0 0 rg BT 418.52 376.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.02 376.00 Td ( ) Tj ET Q q 0 0 0 rg BT 446.51 376.00 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.00 376.00 Td (12.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.52 376.00 Td ( ) Tj ET Q q 0 0 0 rg BT 485.00 376.00 Td (for ) Tj ET Q q 0 0 0 rg BT 497.99 376.00 Td (the ) Tj ET Q q 0 0 0 rg BT 512.99 376.00 Td (same ) Tj ET Q q 0 0 0 rg BT 537.48 376.00 Td (period ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 362.50 Td (last ) Tj ET Q q 0 0 0 rg BT 88.51 362.50 Td (year) Tj ET Q q 0 0 0 rg BT 105.52 362.50 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 343.00 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 343.00 Td (following ) Tj ET Q q 0 0 0 rg BT 127.53 343.00 Td (table ) Tj ET Q q 0 0 0 rg BT 149.55 343.00 Td (provides ) Tj ET Q q 0 0 0 rg BT 186.06 343.00 Td (a ) Tj ET Q q 0 0 0 rg BT 193.57 343.00 Td (summary ) Tj ET Q q 0 0 0 rg BT 233.07 343.00 Td (of ) Tj ET Q q 0 0 0 rg BT 243.08 343.00 Td (the ) Tj ET Q q 0 0 0 rg BT 258.09 343.00 Td (generation ) Tj ET Q q 0 0 0 rg BT 303.13 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 320.64 343.00 Td (use ) Tj ET Q q 0 0 0 rg BT 337.65 343.00 Td (of ) Tj ET Q q 0 0 0 rg BT 347.66 343.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 369.17 343.00 Td (from ) Tj ET Q q 0 0 0 rg BT 389.67 343.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 429.70 343.00 Td (activities:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 332.50 148.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 220.50 332.50 171.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 391.50 332.50 171.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 220.50 319.50 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 277.50 319.50 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 334.50 319.50 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 391.50 319.50 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 448.50 319.50 57.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 505.50 319.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 306.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 306.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 293.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 293.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 280.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 280.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 267.50 57.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 267.50 57.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 239.50 57.00 -17.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 239.50 57.00 -17.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 222.50 57.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 222.50 57.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 201.50 57.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 201.50 57.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 173.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 173.50 57.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 220.50 160.50 57.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 391.50 160.50 57.00 -21.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 139.50 148.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 220.50 139.50 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 277.50 139.50 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 334.50 139.50 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 391.50 139.50 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 448.50 139.50 57.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 505.50 139.50 57.00 -20.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 332.5 m 220.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 332.5 m 277.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 277.5 332.5 m 334.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 334.5 332.5 m 391.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 332.5 m 448.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 332.5 m 505.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 332.5 m 562.5 332.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 119.5 m 220.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 119.5 m 277.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 277.5 119.5 m 334.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 334.5 119.5 m 391.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 119.5 m 448.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 119.5 m 505.5 119.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 119.5 m 562.5 119.5 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 317.70 Td (In thousands of CAD) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 241.95 323.98 Td (For the three months endedJune 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 323.98 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 250.20 310.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 307.20 310.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 352.65 310.98 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 421.20 310.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 478.20 310.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 310.98 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 297.73 Td (Net earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 297.73 Td (288,280) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 297.73 Td (276,644) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.30 297.73 Td (1) Tj ET Q q 0 0 0 rg BT 357.75 297.73 Td (1,636) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 297.73 Td (847,917) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.90 297.73 Td (826,733) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 297.78 Td (21,184) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 284.73 Td (Amortization and depreciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 284.73 Td (100,810) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 302.35 284.73 Td (94,691) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.80 284.78 Td (6,1) Tj ET Q q 0 0 0 rg BT 368.92 284.78 Td (19) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 284.73 Td (291,204) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 468.90 284.73 Td (276,994) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 284.78 Td (14,210) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 271.73 Td (Other adjustments) Tj ET Q BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 140.36 275.54 Td (1) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 245.35 271.008203125 m 269.81875 271.008203125 l s q 0 0 0 rg BT 245.35 272.28 Td (12,057) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 302.35 270.73515625000005 m 326.81875 270.73515625000005 l s q 0 0 0 rg BT 302.35 271.88 Td (29,056) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.70 271.73 Td (\(16,999) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.85 271.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 413.7 271.008203125 m 440.8328125 271.008203125 l s q 0 0 0 rg BT 413.70 272.28 Td (\(27,715) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 440.85 270.45820312499995 m 443.5140625 270.45820312499995 l s q 0 0 0 rg BT 440.85 271.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 473.3 270.73515625000005 m 497.76875 270.73515625000005 l s q 0 0 0 rg BT 473.30 271.88 Td (79,328) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.25 271.78 Td (\(107,043) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.85 271.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 259.18 Td (Cash flow from operating activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 251.18 Td (before net change in non-cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 243.18 Td (working capital items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 243.73 Td (401,147) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 243.73 Td (400,391) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.50 243.78 Td (756) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.25 243.78 Td (1,1) Tj ET Q q 0 0 0 rg BT 416.37 243.78 Td (1) Tj ET Q q 0 0 0 rg BT 420.82 243.78 Td (1,406) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.25 243.78 Td (1,183,055) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.70 243.73 Td (\(71,649) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 548.85 243.73 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 231.18 Td (Net change in non-cash working capital) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 223.23 Td (items:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 213.73 Td (Accounts receivable, work in) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 205.73 Td (progress and deferred revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.25 205.73 Td (\(167,776) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.85 205.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 295.25 205.73 Td (\(171,563) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 326.85 205.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.80 205.78 Td (3,787) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.25 205.78 Td (\(146,503) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.85 205.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.25 205.78 Td (\(205,380) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 497.85 205.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 205.78 Td (58,877) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 193.18 Td (Accounts payable and accrued) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 185.18 Td (liabilities, accrued compensation,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 177.18 Td (provisions and long-term liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.35 177.73 Td (75,312) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 302.35 177.73 Td (59,529) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.30 177.73 Td (15,783) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 177.73 Td (158,379) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.30 177.73 Td (20,635) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.90 177.73 Td (137,744) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 164.73 Td (Other) Tj ET Q BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 107.01 168.54 Td (2) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 249.75 164.00820312500002 m 269.76953125 164.00820312500002 l s q 0 0 0 rg BT 249.75 165.28 Td (8,620) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 306.8 163.73515625000005 m 326.81953125 163.73515625000005 l s q 0 0 0 rg BT 306.80 164.88 Td (2,245) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.80 164.78 Td (6,375) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 416.3 164.00820312500002 m 440.76875 164.00820312500002 l s q 0 0 0 rg BT 416.30 165.28 Td (29,763) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 477.8 163.73515625000005 m 497.81953125 163.73515625000005 l s q 0 0 0 rg BT 477.80 164.88 Td (8,165) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 164.78 Td (21,598) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 151.73 Td (Net change in non-cash working) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 143.73 Td (capital items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.70 143.73 Td (\(83,844) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.85 143.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 295.25 143.73 Td (\(109,789) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 326.85 143.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.30 143.73 Td (25,945) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.30 143.73 Td (41,639) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.25 143.78 Td (\(176,580) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 497.85 143.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.90 143.73 Td (218,219) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 131.18 Td (Cash provided by operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 123.18 Td (activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.85 123.73 Td (317,303) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.90 123.73 Td (290,602) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.30 123.73 Td (26,701) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.25 123.78 Td (1,153,045) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.25 123.78 Td (1,006,475) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.90 123.73 Td (146,570) Tj ET Q BT /F1 10.00 Tf ET BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 111.34 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.53 108.00 Td ( ) Tj ET Q q 0 0 0 rg BT 77.03 108.00 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 108.00 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 121.29 108.00 Td (of ) Tj ET Q q 0 0 0 rg BT 129.07 108.00 Td (deferred ) Tj ET Q q 0 0 0 rg BT 157.09 108.00 Td (income ) Tj ET Q q 0 0 0 rg BT 181.60 108.00 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 202.22 108.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 225.57 108.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 257.87 108.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 272.26 108.00 Td (\(gain\) ) Tj ET Q q 0 0 0 rg BT 292.11 108.00 Td (and ) Tj ET Q q 0 0 0 rg BT 305.73 108.00 Td (share-based ) Tj ET Q q 0 0 0 rg BT 346.59 108.00 Td (payment ) Tj ET Q q 0 0 0 rg BT 375.38 108.00 Td (costs.) Tj ET Q BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 102.64 Td (2 ) Tj ET Q BT /F3 4.55 Tf ET q 0 0 0 rg BT 76.50 102.64 Td ( ) Tj ET Q BT /F3 4.55 Tf ET q 0 0 0 rg BT 77.76 102.64 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 99.30 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 121.65 99.30 Td (of ) Tj ET Q q 0 0 0 rg BT 129.80 99.30 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 155.46 99.30 Td (expenses ) Tj ET Q q 0 0 0 rg BT 187.74 99.30 Td (and ) Tj ET Q q 0 0 0 rg BT 201.73 99.30 Td (other ) Tj ET Q q 0 0 0 rg BT 219.99 99.30 Td (assets, ) Tj ET Q q 0 0 0 rg BT 244.48 99.30 Td (long-term ) Tj ET Q q 0 0 0 rg BT 276.35 99.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 304.34 99.30 Td (assets, ) Tj ET Q q 0 0 0 rg BT 328.83 99.30 Td (retirement ) Tj ET Q q 0 0 0 rg BT 362.65 99.30 Td (benefits ) Tj ET Q q 0 0 0 rg BT 389.48 99.30 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 427.20 99.30 Td (derivative ) Tj ET Q q 0 0 0 rg BT 459.47 99.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 487.46 99.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 525.95 99.30 Td (and ) Tj ET Q q 0 0 0 rg BT 539.94 99.30 Td (income ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 90.90 Td (taxes.) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (27) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (For ) Tj ET Q q 0 0 0 rg BT 87.65 708.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.32 708.95 Td (three ) Tj ET Q q 0 0 0 rg BT 124.99 708.95 Td (months ) Tj ET Q q 0 0 0 rg BT 156.65 708.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.83 708.95 Td (June ) Tj ET Q q 0 0 0 rg BT 205.50 708.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 220.17 708.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.19 708.95 Td (, ) Tj ET Q q 0 0 0 rg BT 244.85 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 259.51 708.95 Td (net ) Tj ET Q q 0 0 0 rg BT 274.18 708.95 Td (change ) Tj ET Q q 0 0 0 rg BT 305.86 708.95 Td (in ) Tj ET Q q 0 0 0 rg BT 315.01 708.95 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 354.19 708.95 Td (working ) Tj ET Q q 0 0 0 rg BT 387.36 708.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 415.53 708.95 Td (items ) Tj ET Q q 0 0 0 rg BT 439.18 708.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.84 708.95 Td ($83.8 ) Tj ET Q q 0 0 0 rg BT 473.52 708.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.03 708.95 Td ( ) Tj ET Q q 0 0 0 rg BT 501.18 708.95 Td (was ) Tj ET Q q 0 0 0 rg BT 519.34 708.95 Td (mostly ) Tj ET Q q 0 0 0 rg BT 547.49 708.95 Td (due ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 82.37 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 97.75 695.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 134.63 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 144.50 695.45 Td (our ) Tj ET Q q 0 0 0 rg BT 160.38 695.45 Td (DSO ) Tj ET Q q 0 0 0 rg BT 182.75 695.45 Td (from ) Tj ET Q q 0 0 0 rg BT 203.61 695.45 Td (46 ) Tj ET Q q 0 0 0 rg BT 216.49 695.45 Td (days ) Tj ET Q q 0 0 0 rg BT 238.36 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 248.23 695.45 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 263.11 695.45 Td (2018 ) Tj ET Q q 0 0 0 rg BT 285.99 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 296.36 695.45 Td (50 ) Tj ET Q q 0 0 0 rg BT 309.24 695.45 Td (days ) Tj ET Q q 0 0 0 rg BT 331.12 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 340.99 695.45 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 355.86 695.45 Td (2018. ) Tj ET Q q 0 0 0 rg BT 381.06 695.45 Td (This ) Tj ET Q q 0 0 0 rg BT 400.93 695.45 Td (was ) Tj ET Q q 0 0 0 rg BT 419.80 695.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 453.68 695.45 Td (of) Tj ET Q q 0 0 0 rg BT 461.02 695.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 478.39 695.45 Td (by ) Tj ET Q q 0 0 0 rg BT 490.76 695.45 Td ($62.4 ) Tj ET Q q 0 0 0 rg BT 516.15 695.45 Td (million ) Tj ET Q q 0 0 0 rg BT 544.52 695.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 681.95 Td (accrued ) Tj ET Q q 0 0 0 rg BT 106.52 681.95 Td (compensation. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (For ) Tj ET Q q 0 0 0 rg BT 88.76 662.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.54 662.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 124.81 662.45 Td (months ) Tj ET Q q 0 0 0 rg BT 157.59 662.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.88 662.45 Td (June ) Tj ET Q q 0 0 0 rg BT 208.66 662.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 224.43 662.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 244.45 662.45 Td (, ) Tj ET Q q 0 0 0 rg BT 250.21 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 265.99 662.45 Td (net ) Tj ET Q q 0 0 0 rg BT 281.76 662.45 Td (change ) Tj ET Q q 0 0 0 rg BT 314.55 662.45 Td (in ) Tj ET Q q 0 0 0 rg BT 324.82 662.45 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 365.10 662.45 Td (working ) Tj ET Q q 0 0 0 rg BT 399.38 662.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 428.66 662.45 Td (items ) Tj ET Q q 0 0 0 rg BT 453.42 662.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.19 662.45 Td ($41.6 ) Tj ET Q q 0 0 0 rg BT 489.97 662.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.48 662.45 Td ( ) Tj ET Q q 0 0 0 rg BT 518.74 662.45 Td (is ) Tj ET Q q 0 0 0 rg BT 528.50 662.45 Td (primarily ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (explained ) Tj ET Q q 0 0 0 rg BT 112.52 648.95 Td (by ) Tj ET Q q 0 0 0 rg BT 124.02 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 138.53 648.95 Td (timing ) Tj ET Q q 0 0 0 rg BT 164.53 648.95 Td (of ) Tj ET Q q 0 0 0 rg BT 174.03 648.95 Td (accounts ) Tj ET Q q 0 0 0 rg BT 212.04 648.95 Td (payable, ) Tj ET Q q 0 0 0 rg BT 248.07 648.95 Td (accrued ) Tj ET Q q 0 0 0 rg BT 282.08 648.95 Td (compensation ) Tj ET Q q 0 0 0 rg BT 340.11 648.95 Td (and ) Tj ET Q q 0 0 0 rg BT 357.12 648.95 Td (income ) Tj ET Q q 0 0 0 rg BT 388.12 648.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 402.12 648.95 Td (payments, ) Tj ET Q q 0 0 0 rg BT 445.63 648.95 Td (partially ) Tj ET Q q 0 0 0 rg BT 478.64 648.95 Td (of) Tj ET Q q 0 0 0 rg BT 485.98 648.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 502.48 648.95 Td (by ) Tj ET Q q 0 0 0 rg BT 513.98 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 528.49 648.95 Td (increase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.45 Td (in ) Tj ET Q q 0 0 0 rg BT 81.51 635.45 Td (our ) Tj ET Q q 0 0 0 rg BT 97.01 635.45 Td (DSO ) Tj ET Q q 0 0 0 rg BT 119.02 635.45 Td (from ) Tj ET Q q 0 0 0 rg BT 139.52 635.45 Td (47 ) Tj ET Q q 0 0 0 rg BT 152.03 635.45 Td (days ) Tj ET Q q 0 0 0 rg BT 173.54 635.45 Td (in ) Tj ET Q q 0 0 0 rg BT 183.05 635.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 197.55 635.45 Td (2017 ) Tj ET Q q 0 0 0 rg BT 220.07 635.45 Td (to ) Tj ET Q q 0 0 0 rg BT 230.08 635.45 Td (50 ) Tj ET Q q 0 0 0 rg BT 242.59 635.45 Td (days ) Tj ET Q q 0 0 0 rg BT 264.10 635.45 Td (in ) Tj ET Q q 0 0 0 rg BT 273.61 635.45 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 288.11 635.45 Td (2018.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 613.80 Td (The ) Tj ET Q q 0 0 0 rg BT 89.51 613.80 Td (timing ) Tj ET Q q 0 0 0 rg BT 116.02 613.80 Td (of ) Tj ET Q q 0 0 0 rg BT 126.02 613.80 Td (our ) Tj ET Q q 0 0 0 rg BT 141.53 613.80 Td (working ) Tj ET Q q 0 0 0 rg BT 175.04 613.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 203.56 613.80 Td (inflows ) Tj ET Q q 0 0 0 rg BT 233.57 613.80 Td (and ) Tj ET Q q 0 0 0 rg BT 251.09 613.80 Td (outflows ) Tj ET Q q 0 0 0 rg BT 286.60 613.80 Td (will ) Tj ET Q q 0 0 0 rg BT 301.60 613.80 Td (always ) Tj ET Q q 0 0 0 rg BT 331.61 613.80 Td (have ) Tj ET Q q 0 0 0 rg BT 353.63 613.80 Td (an ) Tj ET Q q 0 0 0 rg BT 366.14 613.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 395.15 613.80 Td (on ) Tj ET Q q 0 0 0 rg BT 407.66 613.80 Td (the ) Tj ET Q q 0 0 0 rg BT 422.67 613.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 444.18 613.80 Td (flow ) Tj ET Q q 0 0 0 rg BT 462.69 613.80 Td (from ) Tj ET Q q 0 0 0 rg BT 483.19 613.80 Td (operations.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 591.30 Td (4.1.2. ) Tj ET Q q 0 0 0 rg BT 98.52 591.30 Td (Cash ) Tj ET Q q 0 0 0 rg BT 123.03 591.30 Td (Used ) Tj ET Q q 0 0 0 rg BT 147.53 591.30 Td (in ) Tj ET Q q 0 0 0 rg BT 158.03 591.30 Td (Investing ) Tj ET Q q 0 0 0 rg BT 199.71 591.30 Td (Activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 571.80 Td (For ) Tj ET Q q 0 0 0 rg BT 87.76 571.80 Td (the ) Tj ET Q q 0 0 0 rg BT 102.53 571.80 Td (three ) Tj ET Q q 0 0 0 rg BT 125.30 571.80 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 142.58 571.80 Td (nine ) Tj ET Q q 0 0 0 rg BT 161.86 571.80 Td (months ) Tj ET Q q 0 0 0 rg BT 193.63 571.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 220.92 571.80 Td (June ) Tj ET Q q 0 0 0 rg BT 242.69 571.80 Td (30, ) Tj ET Q q 0 0 0 rg BT 257.46 571.80 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 277.48 571.80 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.24 571.80 Td ($127.5 ) Tj ET Q q 0 0 0 rg BT 312.03 571.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.54 571.80 Td ( ) Tj ET Q q 0 0 0 rg BT 339.80 571.80 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.07 571.80 Td ($500.6 ) Tj ET Q q 0 0 0 rg BT 386.86 571.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.37 571.80 Td ( ) Tj ET Q q 0 0 0 rg BT 414.63 571.80 Td (were ) Tj ET Q q 0 0 0 rg BT 436.39 571.80 Td (used ) Tj ET Q q 0 0 0 rg BT 458.17 571.80 Td (in ) Tj ET Q q 0 0 0 rg BT 467.43 571.80 Td (investing ) Tj ET Q q 0 0 0 rg BT 505.21 571.80 Td (activities ) Tj ET Q q 0 0 0 rg BT 541.98 571.80 Td (while ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 558.30 Td ($176.0 ) Tj ET Q q 0 0 0 rg BT 102.03 558.30 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 127.53 558.30 Td ( ) Tj ET Q q 0 0 0 rg BT 130.03 558.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 147.55 558.30 Td ($494.1 ) Tj ET Q q 0 0 0 rg BT 177.58 558.30 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.08 558.30 Td ( ) Tj ET Q q 0 0 0 rg BT 205.58 558.30 Td (were ) Tj ET Q q 0 0 0 rg BT 227.59 558.30 Td (used ) Tj ET Q q 0 0 0 rg BT 249.61 558.30 Td (over ) Tj ET Q q 0 0 0 rg BT 269.62 558.30 Td (the ) Tj ET Q q 0 0 0 rg BT 284.63 558.30 Td (same ) Tj ET Q q 0 0 0 rg BT 309.14 558.30 Td (periods ) Tj ET Q q 0 0 0 rg BT 341.16 558.30 Td (last ) Tj ET Q q 0 0 0 rg BT 357.66 558.30 Td (year) Tj ET Q q 0 0 0 rg BT 374.67 558.30 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 538.80 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 538.80 Td (following ) Tj ET Q q 0 0 0 rg BT 127.53 538.80 Td (table ) Tj ET Q q 0 0 0 rg BT 149.55 538.80 Td (provides ) Tj ET Q q 0 0 0 rg BT 186.06 538.80 Td (a ) Tj ET Q q 0 0 0 rg BT 193.57 538.80 Td (summary ) Tj ET Q q 0 0 0 rg BT 233.07 538.80 Td (of ) Tj ET Q q 0 0 0 rg BT 243.08 538.80 Td (the ) Tj ET Q q 0 0 0 rg BT 258.09 538.80 Td (use ) Tj ET Q q 0 0 0 rg BT 275.10 538.80 Td (of ) Tj ET Q q 0 0 0 rg BT 285.11 538.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 306.62 538.80 Td (from ) Tj ET Q q 0 0 0 rg BT 327.12 538.80 Td (investing ) Tj ET Q q 0 0 0 rg BT 365.14 538.80 Td (activities:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 522.30 136.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 208.50 522.30 177.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 385.50 522.30 177.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 208.50 509.30 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 267.50 509.30 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 326.50 509.30 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 385.50 509.30 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 444.50 509.30 59.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 503.50 509.30 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 496.30 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 496.30 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 483.30 59.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 483.30 59.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 464.30 59.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 464.30 59.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 444.30 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 444.30 59.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 431.30 59.00 -14.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 431.30 59.00 -14.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 208.50 417.30 59.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 385.50 417.30 59.00 -21.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 396.30 136.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 208.50 396.30 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 267.50 396.30 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 326.50 396.30 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 385.50 396.30 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 444.50 396.30 59.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 503.50 396.30 59.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 522.3 m 208.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 208.5 522.3 m 267.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 522.3 m 326.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 522.3 m 385.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385.5 522.3 m 444.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 444.5 522.3 m 503.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 522.3 m 562.5 522.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 383.3 m 208.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 208.5 383.3 m 267.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 383.3 m 326.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 383.3 m 385.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385.5 383.3 m 444.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 444.5 383.3 m 503.5 383.3 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 383.3 m 562.5 383.3 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 507.50 Td (In thousands of CAD) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 235.95 513.78 Td (For the three months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 513.78 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 240.20 500.78 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 299.20 500.78 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 346.65 500.78 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 417.20 500.78 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 476.20 500.78 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 500.78 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 487.78 Td (Business acquisitions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.10 487.78 Td (\(43,121) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 487.78 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.15 487.83 Td (\(99,365) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 487.78 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.80 487.83 Td (56,244) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.70 487.83 Td (\(247,523) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 487.78 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.70 487.83 Td (\(250,262) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 487.78 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.25 487.83 Td (2,739) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 474.98 Td (Proceeds from sale of property) Tj ET Q q 0 0 0 rg BT 184.09 474.98 Td (,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 466.98 Td (plant & equipment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.25 468.53 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 309.25 468.53 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.25 468.53 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 468.53 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 474.25 468.58 Td (3,317) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 468.58 Td (\(3,317) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 468.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 455.98 Td (Purchase of property) Tj ET Q q 0 0 0 rg BT 148.96 455.98 Td (, plant and) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 447.98 Td (equipment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.10 448.53 Td (\(33,741) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 448.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.15 448.58 Td (\(25,159) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 448.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.55 448.53 Td (\(8,582) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.30 448.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.70 448.58 Td (\(100,883) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 448.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.15 448.53 Td (\(83,448) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 448.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 448.53 Td (\(17,435) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 448.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 435.53 Td (Additions to contract costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.10 435.53 Td (\(28,830) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 435.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.15 435.58 Td (\(25,939) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 435.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.55 435.53 Td (\(2,891) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.30 435.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.15 435.53 Td (\(70,674) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 435.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.15 435.53 Td (\(73,167) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 435.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.25 435.58 Td (2,493) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 421.53 Td (Additions to intangible assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.10 421.53 Td (\(21,961) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 421.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 290.15 421.58 Td (\(25,315) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 421.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.25 421.58 Td (3,354) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.15 421.53 Td (\(75,131) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 421.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.15 421.53 Td (\(83,298) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 421.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.25 421.58 Td (8,167) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 408.53 Td (Net proceeds from sale of long-term) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 400.53 Td (investments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.95 400.53 Td (157) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 301.25 400.58 Td (\(230) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 400.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.95 400.58 Td (387) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.55 400.53 Td (\(6,381) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 400.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.55 400.53 Td (\(7,277) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 400.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.95 400.58 Td (896) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 387.53 Td (Cash used in investing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 226.70 387.53 Td (\(127,496) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 387.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 285.70 387.53 Td (\(176,008) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 317.30 387.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.80 387.58 Td (48,512) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.70 387.58 Td (\(500,592) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.30 387.53 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 462.70 387.58 Td (\(494,135) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 494.30 387.53 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 387.58 Td (\(6,457) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 387.53 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 361.30 Td (For ) Tj ET Q q 0 0 0 rg BT 88.17 361.30 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.35 361.30 Td (three ) Tj ET Q q 0 0 0 rg BT 126.54 361.30 Td (months ) Tj ET Q q 0 0 0 rg BT 158.72 361.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.42 361.30 Td (June ) Tj ET Q q 0 0 0 rg BT 208.60 361.30 Td (30, ) Tj ET Q q 0 0 0 rg BT 223.79 361.30 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.81 361.30 Td (, ) Tj ET Q q 0 0 0 rg BT 248.98 361.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 270.66 361.30 Td (used ) Tj ET Q q 0 0 0 rg BT 292.85 361.30 Td (in ) Tj ET Q q 0 0 0 rg BT 302.52 361.30 Td (investing ) Tj ET Q q 0 0 0 rg BT 340.71 361.30 Td (activities ) Tj ET Q q 0 0 0 rg BT 377.89 361.30 Td (decreased ) Tj ET Q q 0 0 0 rg BT 422.59 361.30 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.77 361.30 Td ($48.5 ) Tj ET Q q 0 0 0 rg BT 459.96 361.30 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.47 361.30 Td ( ) Tj ET Q q 0 0 0 rg BT 488.14 361.30 Td (when ) Tj ET Q q 0 0 0 rg BT 512.32 361.30 Td (compared ) Tj ET Q q 0 0 0 rg BT 555.01 361.30 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 347.80 Td (the ) Tj ET Q q 0 0 0 rg BT 87.22 347.80 Td (same ) Tj ET Q q 0 0 0 rg BT 111.93 347.80 Td (period ) Tj ET Q q 0 0 0 rg BT 139.66 347.80 Td (last ) Tj ET Q q 0 0 0 rg BT 156.37 347.80 Td (year) Tj ET Q q 0 0 0 rg BT 173.38 347.80 Td (. ) Tj ET Q q 0 0 0 rg BT 178.41 347.80 Td (The ) Tj ET Q q 0 0 0 rg BT 196.63 347.80 Td (variance ) Tj ET Q q 0 0 0 rg BT 233.35 347.80 Td (was ) Tj ET Q q 0 0 0 rg BT 252.07 347.80 Td (mainly ) Tj ET Q q 0 0 0 rg BT 280.78 347.80 Td (driven ) Tj ET Q q 0 0 0 rg BT 308.00 347.80 Td (by ) Tj ET Q q 0 0 0 rg BT 320.21 347.80 Td (the ) Tj ET Q q 0 0 0 rg BT 335.43 347.80 Td (decrease ) Tj ET Q q 0 0 0 rg BT 375.16 347.80 Td (in ) Tj ET Q q 0 0 0 rg BT 384.87 347.80 Td (business ) Tj ET Q q 0 0 0 rg BT 423.10 347.80 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 472.83 347.80 Td (when ) Tj ET Q q 0 0 0 rg BT 497.06 347.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 539.78 347.80 Td (to ) Tj ET Q q 0 0 0 rg BT 550.00 347.80 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 334.30 Td (same ) Tj ET Q q 0 0 0 rg BT 96.51 334.30 Td (period ) Tj ET Q q 0 0 0 rg BT 124.03 334.30 Td (last ) Tj ET Q q 0 0 0 rg BT 140.53 334.30 Td (year) Tj ET Q q 0 0 0 rg BT 157.54 334.30 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 314.80 Td (The ) Tj ET Q q 0 0 0 rg BT 89.88 314.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 126.26 314.80 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 136.13 314.80 Td ($6.5 ) Tj ET Q q 0 0 0 rg BT 156.02 314.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 181.52 314.80 Td ( ) Tj ET Q q 0 0 0 rg BT 183.89 314.80 Td (in ) Tj ET Q q 0 0 0 rg BT 193.26 314.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 214.64 314.80 Td (used ) Tj ET Q q 0 0 0 rg BT 236.52 314.80 Td (in ) Tj ET Q q 0 0 0 rg BT 245.90 314.80 Td (investing ) Tj ET Q q 0 0 0 rg BT 283.78 314.80 Td (activities ) Tj ET Q q 0 0 0 rg BT 320.66 314.80 Td (during ) Tj ET Q q 0 0 0 rg BT 348.05 314.80 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.93 314.80 Td (nine ) Tj ET Q q 0 0 0 rg BT 382.31 314.80 Td (months ) Tj ET Q q 0 0 0 rg BT 414.19 314.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 441.58 314.80 Td (June ) Tj ET Q q 0 0 0 rg BT 463.47 314.80 Td (30, ) Tj ET Q q 0 0 0 rg BT 478.34 314.80 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.37 314.80 Td ( ) Tj ET Q q 0 0 0 rg BT 500.73 314.80 Td (was ) Tj ET Q q 0 0 0 rg BT 519.11 314.80 Td (mainly ) Tj ET Q q 0 0 0 rg BT 547.48 314.80 Td (due ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 301.30 Td (to ) Tj ET Q q 0 0 0 rg BT 81.59 301.30 Td (the ) Tj ET Q q 0 0 0 rg BT 96.18 301.30 Td (purchase ) Tj ET Q q 0 0 0 rg BT 135.29 301.30 Td (of ) Tj ET Q q 0 0 0 rg BT 144.87 301.30 Td (property) Tj ET Q q 0 0 0 rg BT 177.22 301.30 Td (, ) Tj ET Q q 0 0 0 rg BT 181.80 301.30 Td (plant ) Tj ET Q q 0 0 0 rg BT 203.40 301.30 Td (and ) Tj ET Q q 0 0 0 rg BT 220.50 301.30 Td (equipment ) Tj ET Q q 0 0 0 rg BT 264.61 301.30 Td (and ) Tj ET Q q 0 0 0 rg BT 281.71 301.30 Td (was ) Tj ET Q q 0 0 0 rg BT 299.79 301.30 Td (partially ) Tj ET Q q 0 0 0 rg BT 332.89 301.30 Td (of) Tj ET Q q 0 0 0 rg BT 340.23 301.30 Td (fset ) Tj ET Q q 0 0 0 rg BT 356.82 301.30 Td (by ) Tj ET Q q 0 0 0 rg BT 368.41 301.30 Td (less ) Tj ET Q q 0 0 0 rg BT 386.49 301.30 Td (transition ) Tj ET Q q 0 0 0 rg BT 425.09 301.30 Td (costs ) Tj ET Q q 0 0 0 rg BT 448.18 301.30 Td (on ) Tj ET Q q 0 0 0 rg BT 460.27 301.30 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 508.88 301.30 Td (contracts ) Tj ET Q q 0 0 0 rg BT 547.48 301.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 287.80 Td (intangible ) Tj ET Q q 0 0 0 rg BT 113.03 287.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 141.54 287.80 Td (when ) Tj ET Q q 0 0 0 rg BT 165.56 287.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 208.08 287.80 Td (to ) Tj ET Q q 0 0 0 rg BT 218.09 287.80 Td (the ) Tj ET Q q 0 0 0 rg BT 233.10 287.80 Td (same ) Tj ET Q q 0 0 0 rg BT 257.61 287.80 Td (period ) Tj ET Q q 0 0 0 rg BT 285.13 287.80 Td (last ) Tj ET Q q 0 0 0 rg BT 301.63 287.80 Td (year) Tj ET Q q 0 0 0 rg BT 318.64 287.80 Td (.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (28) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (4.1.3. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (Cash ) Tj ET Q q 0 0 0 rg BT 123.03 708.95 Td (Used ) Tj ET Q q 0 0 0 rg BT 147.53 708.95 Td (in ) Tj ET Q q 0 0 0 rg BT 158.03 708.95 Td (Financing ) Tj ET Q q 0 0 0 rg BT 202.70 708.95 Td (Activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (For ) Tj ET Q q 0 0 0 rg BT 87.74 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 102.48 689.45 Td (three ) Tj ET Q q 0 0 0 rg BT 125.23 689.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 142.48 689.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 161.73 689.45 Td (months ) Tj ET Q q 0 0 0 rg BT 193.48 689.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 220.74 689.45 Td (June ) Tj ET Q q 0 0 0 rg BT 242.50 689.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 257.24 689.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 277.26 689.45 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.00 689.45 Td ($297.1 ) Tj ET Q q 0 0 0 rg BT 311.76 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.27 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 339.50 689.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.76 689.45 Td ($652.9 ) Tj ET Q q 0 0 0 rg BT 386.52 689.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.02 689.45 Td ( ) Tj ET Q q 0 0 0 rg BT 414.26 689.45 Td (were ) Tj ET Q q 0 0 0 rg BT 436.00 689.45 Td (used ) Tj ET Q q 0 0 0 rg BT 457.75 689.45 Td (in ) Tj ET Q q 0 0 0 rg BT 466.99 689.45 Td (financing ) Tj ET Q q 0 0 0 rg BT 505.26 689.45 Td (activities ) Tj ET Q q 0 0 0 rg BT 542.00 689.45 Td (while ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td ($100.3 ) Tj ET Q q 0 0 0 rg BT 102.03 675.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 127.53 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 130.03 675.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 147.55 675.95 Td ($809.1 ) Tj ET Q q 0 0 0 rg BT 177.58 675.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.08 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 205.58 675.95 Td (were ) Tj ET Q q 0 0 0 rg BT 227.59 675.95 Td (used ) Tj ET Q q 0 0 0 rg BT 249.61 675.95 Td (in ) Tj ET Q q 0 0 0 rg BT 259.11 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 274.13 675.95 Td (prior ) Tj ET Q q 0 0 0 rg BT 294.63 675.95 Td (year) Tj ET Q q 0 0 0 rg BT 311.64 675.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 656.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 656.45 Td (following ) Tj ET Q q 0 0 0 rg BT 127.53 656.45 Td (table ) Tj ET Q q 0 0 0 rg BT 149.55 656.45 Td (provides ) Tj ET Q q 0 0 0 rg BT 186.06 656.45 Td (a ) Tj ET Q q 0 0 0 rg BT 193.57 656.45 Td (summary ) Tj ET Q q 0 0 0 rg BT 233.07 656.45 Td (of ) Tj ET Q q 0 0 0 rg BT 243.08 656.45 Td (the ) Tj ET Q q 0 0 0 rg BT 258.09 656.45 Td (generation ) Tj ET Q q 0 0 0 rg BT 303.13 656.45 Td (and ) Tj ET Q q 0 0 0 rg BT 320.64 656.45 Td (use ) Tj ET Q q 0 0 0 rg BT 337.65 656.45 Td (of ) Tj ET Q q 0 0 0 rg BT 347.66 656.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 369.17 656.45 Td (from ) Tj ET Q q 0 0 0 rg BT 389.67 656.45 Td (financing ) Tj ET Q q 0 0 0 rg BT 428.20 656.45 Td (activities:) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 639.95 142.00 -26.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 214.50 639.95 174.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 388.50 639.95 174.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 214.50 626.95 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 272.50 626.95 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 330.50 626.95 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 388.50 626.95 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 446.50 626.95 58.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 504.50 626.95 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 613.95 58.00 -24.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 613.95 58.00 -24.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 589.95 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 589.95 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 576.95 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 576.95 58.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 563.95 58.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 563.95 58.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 542.95 58.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 542.95 58.00 -19.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 523.95 58.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 523.95 58.00 -21.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 502.95 58.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 502.95 58.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 214.50 484.95 58.00 -20.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 388.50 484.95 58.00 -20.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 464.95 142.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 214.50 464.95 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 272.50 464.95 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 330.50 464.95 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 388.50 464.95 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 446.50 464.95 58.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 504.50 464.95 58.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 639.95 m 214.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 214.5 639.95 m 272.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 272.5 639.95 m 330.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 330.5 639.95 m 388.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 639.95 m 446.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 446.5 639.95 m 504.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 639.95 m 562.5 639.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 451.95 m 214.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 214.5 451.95 m 272.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 272.5 451.95 m 330.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 330.5 451.95 m 388.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 451.95 m 446.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 446.5 451.95 m 504.5 451.95 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 451.95 m 562.5 451.95 l s BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 625.15 Td (In thousands of CAD) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 238.95 631.18 Td (For the three months endedJune 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 416.05 631.18 Td (For the nine months ended June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 245.20 618.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 303.20 618.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 349.65 618.18 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 419.20 618.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 477.20 618.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 523.65 618.18 Td (Change) Tj ET Q BT /F3 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 602.18 Td (Net change in unsecured committed) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 594.18 Td (revolving credit facility) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.75 594.18 Td (54,019) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 313.25 594.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.80 594.23 Td (54,019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.15 594.18 Td (\(58,341) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 594.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.25 594.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 594.18 Td (\(58,341) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 594.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 581.18 Td (Net change in long-term debt) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 236.1 580.458203125 m 263.2328125 580.458203125 l s q 0 0 0 rg BT 236.10 581.73 Td (\(10,617) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 263.3 580.458203125 m 265.9640625 580.458203125 l s q 0 0 0 rg BT 263.30 581.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 294.15 580.18515625 m 321.2828125 580.18515625 l s q 0 0 0 rg BT 294.15 581.33 Td (\(12,1) Tj ET Q q 0 0 0 rg BT 312.38 581.33 Td (16) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 321.3 580.18515625 m 323.9640625 580.18515625 l s q 0 0 0 rg BT 321.30 581.33 Td (\)) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 359.25 580.458203125 m 379.26953125 580.458203125 l s q 0 0 0 rg BT 359.25 581.73 Td (1,499) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 410.15 580.458203125 m 437.2828125 580.458203125 l s q 0 0 0 rg BT 410.15 581.73 Td (\(29,778) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 437.3 580.458203125 m 439.9640625 580.458203125 l s q 0 0 0 rg BT 437.30 581.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 463.7 580.18515625 m 495.28203125 580.18515625 l s q 0 0 0 rg BT 463.70 581.33 Td (\(166,749) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 495.3 580.18515625 m 497.9640625 580.18515625 l s q 0 0 0 rg BT 495.30 581.33 Td (\)) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 524.35 580.458203125 m 553.26796875 580.458203125 l s q 0 0 0 rg BT 524.35 581.73 Td (136,971) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.75 568.18 Td (43,402) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.15 568.23 Td (\(12,1) Tj ET Q q 0 0 0 rg BT 312.38 568.23 Td (16) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.30 568.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.80 568.23 Td (55,518) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.15 568.18 Td (\(88,1) Tj ET Q q 0 0 0 rg BT 428.38 568.18 Td (19) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 568.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 463.70 568.23 Td (\(166,749) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.30 568.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.80 568.23 Td (78,630) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 555.18 Td (Repayment of debt assumed from) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 547.18 Td (business acquisitions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.60 547.18 Td (\(6,663) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.30 547.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.60 547.18 Td (\(2,607) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.30 547.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.55 547.18 Td (\(4,056) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.30 547.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.15 547.18 Td (\(28,609) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 547.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 472.55 547.18 Td (\(8,897) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.30 547.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 547.18 Td (\(19,712) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 547.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 534.63 Td (Purchase of Class) Tj ET Q q 0 0 0 rg BT 141.92 534.63 Td (A) Tj ET Q q 0 0 0 rg BT 146.81 534.63 Td ( subordinate) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 526.63 Td (voting shares held in trust) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 528.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 313.25 528.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 528.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.15 528.18 Td (\(24,789) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 528.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.25 528.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.15 528.18 Td (\(24,789) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 528.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 515.18 Td (Resale of Class) Tj ET Q q 0 0 0 rg BT 133.03 515.18 Td (A) Tj ET Q q 0 0 0 rg BT 137.92 515.18 Td ( subordinate voting) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 507.18 Td (shares held in trust) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 507.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 313.25 507.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 507.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.95 507.23 Td (528) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 475.25 507.23 Td (4,046) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 507.23 Td (\(3,518) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 507.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 494.63 Td (Purchase and cancellation of Class) Tj ET Q q 0 0 0 rg BT 201.96 494.63 Td (A) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 486.68 Td (subordinate voting shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.70 489.18 Td (\(347,017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.30 489.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.15 489.23 Td (\(94,794) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.30 489.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.70 489.23 Td (\(252,223) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.30 489.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.70 489.23 Td (\(578,460) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 489.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 463.70 489.23 Td (\(683,090) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.30 489.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 489.23 Td (104,630) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 476.63 Td (Issuance of Class) Tj ET Q q 0 0 0 rg BT 139.92 476.63 Td (A) Tj ET Q q 0 0 0 rg BT 144.82 476.63 Td ( subordinate) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 468.63 Td (voting shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.75 469.18 Td (13,161) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 301.25 469.23 Td (9,21) Tj ET Q q 0 0 0 rg BT 316.82 469.23 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.25 469.23 Td (3,950) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.80 469.23 Td (66,525) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 470.80 469.23 Td (45,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.80 469.23 Td (20,925) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 456.18 Td (Cash used in financing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.70 456.18 Td (\(297,1) Tj ET Q q 0 0 0 rg BT 254.38 456.18 Td (17) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.30 456.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 289.70 456.18 Td (\(100,306) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.30 456.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.70 456.23 Td (\(196,81) Tj ET Q q 0 0 0 rg BT 374.83 456.23 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.30 456.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.70 456.23 Td (\(652,924) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 456.18 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 463.70 456.23 Td (\(809,090) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 495.30 456.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.35 456.23 Td (156,166) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 427.80 Td (For ) Tj ET Q q 0 0 0 rg BT 87.64 427.80 Td (the ) Tj ET Q q 0 0 0 rg BT 102.79 427.80 Td (three ) Tj ET Q q 0 0 0 rg BT 125.95 427.80 Td (months ) Tj ET Q q 0 0 0 rg BT 158.10 427.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.77 427.80 Td (June ) Tj ET Q q 0 0 0 rg BT 207.93 427.80 Td (30, ) Tj ET Q q 0 0 0 rg BT 223.08 427.80 Td (2018, ) Tj ET Q q 0 0 0 rg BT 248.24 427.80 Td (we ) Tj ET Q q 0 0 0 rg BT 262.39 427.80 Td (drew ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.54 427.80 Td ($54.0 ) Tj ET Q q 0 0 0 rg BT 309.70 427.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.21 427.80 Td ( ) Tj ET Q q 0 0 0 rg BT 337.85 427.80 Td (on ) Tj ET Q q 0 0 0 rg BT 350.50 427.80 Td (the ) Tj ET Q q 0 0 0 rg BT 365.65 427.80 Td (Company's ) Tj ET Q q 0 0 0 rg BT 413.03 427.80 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 457.70 427.80 Td (committed ) Tj ET Q q 0 0 0 rg BT 501.85 427.80 Td (revolving ) Tj ET Q q 0 0 0 rg BT 540.51 427.80 Td (credit ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 412.15 Td (facility) Tj ET Q q 0 0 0 rg BT 95.84 412.15 Td (, ) Tj ET Q q 0 0 0 rg BT 100.78 412.15 Td (while ) Tj ET Q q 0 0 0 rg BT 123.74 412.15 Td ($10.6 ) Tj ET Q q 0 0 0 rg BT 148.71 412.15 Td (million ) Tj ET Q q 0 0 0 rg BT 176.66 412.15 Td (was ) Tj ET Q q 0 0 0 rg BT 195.11 412.15 Td (used ) Tj ET Q q 0 0 0 rg BT 217.08 412.15 Td (to ) Tj ET Q q 0 0 0 rg BT 227.03 412.15 Td (repay ) Tj ET Q q 0 0 0 rg BT 251.99 412.15 Td (long-term ) Tj ET Q q 0 0 0 rg BT 292.45 412.15 Td (debt ) Tj ET Q q 0 0 0 rg BT 312.41 412.15 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 329.87 412.15 Td ($6.7 ) Tj ET Q q 0 0 0 rg BT 349.84 412.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.34 412.15 Td ( ) Tj ET Q q 0 0 0 rg BT 377.79 412.15 Td (to ) Tj ET Q q 0 0 0 rg BT 387.74 412.15 Td (repay ) Tj ET Q q 0 0 0 rg BT 412.70 412.15 Td (debt ) Tj ET Q q 0 0 0 rg BT 432.67 412.15 Td (assumed ) Tj ET Q q 0 0 0 rg BT 471.63 412.15 Td (from ) Tj ET Q q 0 0 0 rg BT 492.08 412.15 Td (a ) Tj ET Q q 0 0 0 rg BT 499.53 412.15 Td (recent ) Tj ET Q q 0 0 0 rg BT 526.99 412.15 Td (business ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 396.50 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 119.04 396.50 Td (For ) Tj ET Q q 0 0 0 rg BT 135.05 396.50 Td (the ) Tj ET Q q 0 0 0 rg BT 150.07 396.50 Td (nine ) Tj ET Q q 0 0 0 rg BT 169.60 396.50 Td (months ) Tj ET Q q 0 0 0 rg BT 201.63 396.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 229.16 396.50 Td (June ) Tj ET Q q 0 0 0 rg BT 251.19 396.50 Td (30, ) Tj ET Q q 0 0 0 rg BT 266.21 396.50 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.25 396.50 Td ($88.1 ) Tj ET Q q 0 0 0 rg BT 316.28 396.50 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.79 396.50 Td ( ) Tj ET Q q 0 0 0 rg BT 344.30 396.50 Td (was ) Tj ET Q q 0 0 0 rg BT 362.82 396.50 Td (used ) Tj ET Q q 0 0 0 rg BT 384.84 396.50 Td (to ) Tj ET Q q 0 0 0 rg BT 394.86 396.50 Td (reduce ) Tj ET Q q 0 0 0 rg BT 424.89 396.50 Td (our ) Tj ET Q q 0 0 0 rg BT 440.41 396.50 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 489.46 396.50 Td (debt ) Tj ET Q q 0 0 0 rg BT 509.49 396.50 Td (mainly ) Tj ET Q q 0 0 0 rg BT 538.01 396.50 Td (driven ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 380.85 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 83.95 380.85 Td ($58.3 ) Tj ET Q q 0 0 0 rg BT 109.41 380.85 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 134.91 380.85 Td ( ) Tj ET Q q 0 0 0 rg BT 137.85 380.85 Td (repaid ) Tj ET Q q 0 0 0 rg BT 165.81 380.85 Td (under ) Tj ET Q q 0 0 0 rg BT 191.77 380.85 Td (the ) Tj ET Q q 0 0 0 rg BT 207.22 380.85 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 252.19 380.85 Td (committed ) Tj ET Q q 0 0 0 rg BT 296.64 380.85 Td (revolving ) Tj ET Q q 0 0 0 rg BT 335.60 380.85 Td (credit ) Tj ET Q q 0 0 0 rg BT 360.55 380.85 Td (facility) Tj ET Q q 0 0 0 rg BT 384.88 380.85 Td (, ) Tj ET Q q 0 0 0 rg BT 390.32 380.85 Td (while ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.77 380.85 Td ($28.6 ) Tj ET Q q 0 0 0 rg BT 439.23 380.85 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.74 380.85 Td ( ) Tj ET Q q 0 0 0 rg BT 467.68 380.85 Td (was ) Tj ET Q q 0 0 0 rg BT 486.63 380.85 Td (used ) Tj ET Q q 0 0 0 rg BT 509.08 380.85 Td (to ) Tj ET Q q 0 0 0 rg BT 519.53 380.85 Td (repay ) Tj ET Q q 0 0 0 rg BT 544.98 380.85 Td (debt ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 365.15 Td (assumed ) Tj ET Q q 0 0 0 rg BT 110.84 365.15 Td (from ) Tj ET Q q 0 0 0 rg BT 131.65 365.15 Td (recent ) Tj ET Q q 0 0 0 rg BT 159.49 365.15 Td (business ) Tj ET Q q 0 0 0 rg BT 197.82 365.15 Td (acquisitions. ) Tj ET Q q 0 0 0 rg BT 250.17 365.15 Td (For ) Tj ET Q q 0 0 0 rg BT 266.49 365.15 Td (the ) Tj ET Q q 0 0 0 rg BT 281.82 365.15 Td (nine ) Tj ET Q q 0 0 0 rg BT 301.65 365.15 Td (months ) Tj ET Q q 0 0 0 rg BT 333.98 365.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 361.83 365.15 Td (June ) Tj ET Q q 0 0 0 rg BT 384.16 365.15 Td (30, ) Tj ET Q q 0 0 0 rg BT 399.49 365.15 Td (2017, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.83 365.15 Td ($166.7 ) Tj ET Q q 0 0 0 rg BT 455.17 365.15 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.68 365.15 Td ( ) Tj ET Q q 0 0 0 rg BT 483.50 365.15 Td (was ) Tj ET Q q 0 0 0 rg BT 502.32 365.15 Td (used ) Tj ET Q q 0 0 0 rg BT 524.65 365.15 Td (to ) Tj ET Q q 0 0 0 rg BT 534.98 365.15 Td (reduce ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 349.50 Td (our ) Tj ET Q q 0 0 0 rg BT 86.42 349.50 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 134.87 349.50 Td (debt ) Tj ET Q q 0 0 0 rg BT 154.29 349.50 Td (mainly ) Tj ET Q q 0 0 0 rg BT 182.21 349.50 Td (driven ) Tj ET Q q 0 0 0 rg BT 208.64 349.50 Td (by ) Tj ET Q q 0 0 0 rg BT 220.05 349.50 Td (the ) Tj ET Q q 0 0 0 rg BT 234.47 349.50 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 277.42 349.50 Td (repayment ) Tj ET Q q 0 0 0 rg BT 321.85 349.50 Td (of ) Tj ET Q q 0 0 0 rg BT 331.26 349.50 Td (a ) Tj ET Q q 0 0 0 rg BT 338.18 349.50 Td (tranche ) Tj ET Q q 0 0 0 rg BT 370.11 349.50 Td (of ) Tj ET Q q 0 0 0 rg BT 379.53 349.50 Td (the ) Tj ET Q q 0 0 0 rg BT 393.95 349.50 Td (Senior ) Tj ET Q q 0 0 0 rg BT 421.87 349.50 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 441.29 349.50 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 485.23 349.50 Td (notes ) Tj ET Q q 0 0 0 rg BT 509.16 349.50 Td (in ) Tj ET Q q 0 0 0 rg BT 518.07 349.50 Td (the ) Tj ET Q q 0 0 0 rg BT 532.49 349.50 Td (amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 333.85 Td (of ) Tj ET Q q 0 0 0 rg BT 81.51 333.85 Td ($1) Tj ET Q q 0 0 0 rg BT 90.85 333.85 Td (13.6 ) Tj ET Q q 0 0 0 rg BT 110.87 333.85 Td (million ) Tj ET Q q 0 0 0 rg BT 138.87 333.85 Td (\(US$85.0 ) Tj ET Q q 0 0 0 rg BT 179.39 333.85 Td (million\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 312.20 Td (For ) Tj ET Q q 0 0 0 rg BT 86.47 312.20 Td (the ) Tj ET Q q 0 0 0 rg BT 100.44 312.20 Td (nine ) Tj ET Q q 0 0 0 rg BT 118.93 312.20 Td (months ) Tj ET Q q 0 0 0 rg BT 149.91 312.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 176.40 312.20 Td (June ) Tj ET Q q 0 0 0 rg BT 197.38 312.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 211.36 312.20 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.35 312.20 Td ($24.8 ) Tj ET Q q 0 0 0 rg BT 259.34 312.20 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.84 312.20 Td ( ) Tj ET Q q 0 0 0 rg BT 286.31 312.20 Td (was ) Tj ET Q q 0 0 0 rg BT 303.78 312.20 Td (used ) Tj ET Q q 0 0 0 rg BT 324.76 312.20 Td (to ) Tj ET Q q 0 0 0 rg BT 333.73 312.20 Td (purchase ) Tj ET Q q 0 0 0 rg BT 372.22 312.20 Td (Class ) Tj ET Q q 0 0 0 rg BT 395.90 312.20 Td (A) Tj ET Q q 0 0 0 rg BT 401.41 312.20 Td ( ) Tj ET Q q 0 0 0 rg BT 402.88 312.20 Td (Shares ) Tj ET Q q 0 0 0 rg BT 432.86 312.20 Td (in ) Tj ET Q q 0 0 0 rg BT 441.33 312.20 Td (connection ) Tj ET Q q 0 0 0 rg BT 486.33 312.20 Td (with ) Tj ET Q q 0 0 0 rg BT 503.80 312.20 Td (the ) Tj ET Q q 0 0 0 rg BT 517.78 312.20 Td (Company's ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 296.55 Td (Performance ) Tj ET Q q 0 0 0 rg BT 125.08 296.55 Td (Share ) Tj ET Q q 0 0 0 rg BT 151.16 296.55 Td (Unit ) Tj ET Q q 0 0 0 rg BT 169.23 296.55 Td (Plans ) Tj ET Q q 0 0 0 rg BT 193.81 296.55 Td (\(PSU ) Tj ET Q q 0 0 0 rg BT 217.38 296.55 Td (Plans\). ) Tj ET Q q 0 0 0 rg BT 247.45 296.55 Td (More ) Tj ET Q q 0 0 0 rg BT 270.02 296.55 Td (information ) Tj ET Q q 0 0 0 rg BT 316.60 296.55 Td (concerning ) Tj ET Q q 0 0 0 rg BT 362.69 296.55 Td (the ) Tj ET Q q 0 0 0 rg BT 377.27 296.55 Td (PSU ) Tj ET Q q 0 0 0 rg BT 397.84 296.55 Td (Plans ) Tj ET Q q 0 0 0 rg BT 422.42 296.55 Td (can ) Tj ET Q q 0 0 0 rg BT 438.99 296.55 Td (be ) Tj ET Q q 0 0 0 rg BT 451.06 296.55 Td (found ) Tj ET Q q 0 0 0 rg BT 475.65 296.55 Td (in ) Tj ET Q q 0 0 0 rg BT 484.72 296.55 Td (note ) Tj ET Q q 0 0 0 rg BT 504.30 296.55 Td (7 ) Tj ET Q q 0 0 0 rg BT 511.37 296.55 Td (of ) Tj ET Q q 0 0 0 rg BT 520.94 296.55 Td (the ) Tj ET Q q 0 0 0 rg BT 535.51 296.55 Td (interim ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 280.85 Td (condensed ) Tj ET Q q 0 0 0 rg BT 118.04 280.85 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 171.08 280.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 206.60 280.85 Td (statements.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 259.20 Td (For ) Tj ET Q q 0 0 0 rg BT 87.71 259.20 Td (the ) Tj ET Q q 0 0 0 rg BT 102.93 259.20 Td (three ) Tj ET Q q 0 0 0 rg BT 126.16 259.20 Td (months ) Tj ET Q q 0 0 0 rg BT 158.38 259.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.12 259.20 Td (June ) Tj ET Q q 0 0 0 rg BT 208.34 259.20 Td (30, ) Tj ET Q q 0 0 0 rg BT 223.57 259.20 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 248.80 259.20 Td ($347.0 ) Tj ET Q q 0 0 0 rg BT 279.04 259.20 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.54 259.20 Td ( ) Tj ET Q q 0 0 0 rg BT 307.25 259.20 Td (including ) Tj ET Q q 0 0 0 rg BT 345.49 259.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 365.21 259.20 Td (was ) Tj ET Q q 0 0 0 rg BT 383.93 259.20 Td (used ) Tj ET Q q 0 0 0 rg BT 406.15 259.20 Td (to ) Tj ET Q q 0 0 0 rg BT 416.37 259.20 Td (pay ) Tj ET Q q 0 0 0 rg BT 433.59 259.20 Td (for ) Tj ET Q q 0 0 0 rg BT 446.80 259.20 Td (the ) Tj ET Q q 0 0 0 rg BT 462.02 259.20 Td (purchase ) Tj ET Q q 0 0 0 rg BT 501.76 259.20 Td (for ) Tj ET Q q 0 0 0 rg BT 514.97 259.20 Td (cancellation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 243.55 Td (of ) Tj ET Q q 0 0 0 rg BT 81.22 243.55 Td (4,523,429 ) Tj ET Q q 0 0 0 rg BT 123.47 243.55 Td (Class ) Tj ET Q q 0 0 0 rg BT 147.74 243.55 Td (A) Tj ET Q q 0 0 0 rg BT 153.25 243.55 Td ( ) Tj ET Q q 0 0 0 rg BT 155.46 243.55 Td (Shares ) Tj ET Q q 0 0 0 rg BT 186.19 243.55 Td (while ) Tj ET Q q 0 0 0 rg BT 208.91 243.55 Td (for ) Tj ET Q q 0 0 0 rg BT 221.62 243.55 Td (the ) Tj ET Q q 0 0 0 rg BT 236.34 243.55 Td (three ) Tj ET Q q 0 0 0 rg BT 259.07 243.55 Td (months ) Tj ET Q q 0 0 0 rg BT 290.79 243.55 Td (ended ) Tj ET Q q 0 0 0 rg BT 318.03 243.55 Td (June ) Tj ET Q q 0 0 0 rg BT 339.76 243.55 Td (30, ) Tj ET Q q 0 0 0 rg BT 354.48 243.55 Td (2017, ) Tj ET Q q 0 0 0 rg BT 379.21 243.55 Td ($90.8 ) Tj ET Q q 0 0 0 rg BT 403.95 243.55 Td (million ) Tj ET Q q 0 0 0 rg BT 431.66 243.55 Td (was ) Tj ET Q q 0 0 0 rg BT 449.88 243.55 Td (used ) Tj ET Q q 0 0 0 rg BT 471.60 243.55 Td (to ) Tj ET Q q 0 0 0 rg BT 481.32 243.55 Td (pay ) Tj ET Q q 0 0 0 rg BT 498.04 243.55 Td (for ) Tj ET Q q 0 0 0 rg BT 510.76 243.55 Td (the ) Tj ET Q q 0 0 0 rg BT 525.48 243.55 Td (purchase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 227.90 Td (for ) Tj ET Q q 0 0 0 rg BT 85.28 227.90 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 136.09 227.90 Td (of ) Tj ET Q q 0 0 0 rg BT 146.87 227.90 Td (1,405,300 ) Tj ET Q q 0 0 0 rg BT 190.18 227.90 Td (Class ) Tj ET Q q 0 0 0 rg BT 215.31 227.90 Td (A) Tj ET Q q 0 0 0 rg BT 220.82 227.90 Td ( ) Tj ET Q q 0 0 0 rg BT 224.09 227.90 Td (Shares ) Tj ET Q q 0 0 0 rg BT 255.89 227.90 Td (and ) Tj ET Q q 0 0 0 rg BT 274.18 227.90 Td ($4.0 ) Tj ET Q q 0 0 0 rg BT 294.97 227.90 Td (million ) Tj ET Q q 0 0 0 rg BT 323.75 227.90 Td (was ) Tj ET Q q 0 0 0 rg BT 343.03 227.90 Td (used ) Tj ET Q q 0 0 0 rg BT 365.82 227.90 Td (to ) Tj ET Q q 0 0 0 rg BT 376.61 227.90 Td (pay ) Tj ET Q q 0 0 0 rg BT 394.39 227.90 Td (the ) Tj ET Q q 0 0 0 rg BT 410.18 227.90 Td (63,100 ) Tj ET Q q 0 0 0 rg BT 440.98 227.90 Td (Class ) Tj ET Q q 0 0 0 rg BT 466.11 227.90 Td (A) Tj ET Q q 0 0 0 rg BT 471.62 227.90 Td ( ) Tj ET Q q 0 0 0 rg BT 474.90 227.90 Td (Shares ) Tj ET Q q 0 0 0 rg BT 506.69 227.90 Td (purchased ) Tj ET Q q 0 0 0 rg BT 551.99 227.90 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 212.25 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 121.53 212.25 Td (and ) Tj ET Q q 0 0 0 rg BT 139.05 212.25 Td (held ) Tj ET Q q 0 0 0 rg BT 158.56 212.25 Td (by ) Tj ET Q q 0 0 0 rg BT 170.57 212.25 Td (the ) Tj ET Q q 0 0 0 rg BT 185.58 212.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 226.60 212.25 Td (as ) Tj ET Q q 0 0 0 rg BT 238.61 212.25 Td (at ) Tj ET Q q 0 0 0 rg BT 248.61 212.25 Td (the ) Tj ET Q q 0 0 0 rg BT 263.62 212.25 Td (end ) Tj ET Q q 0 0 0 rg BT 281.14 212.25 Td (of ) Tj ET Q q 0 0 0 rg BT 291.15 212.25 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 305.65 212.25 Td (2017.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 190.55 Td (For ) Tj ET Q q 0 0 0 rg BT 87.39 190.55 Td (the ) Tj ET Q q 0 0 0 rg BT 102.29 190.55 Td (nine ) Tj ET Q q 0 0 0 rg BT 121.70 190.55 Td (months ) Tj ET Q q 0 0 0 rg BT 153.60 190.55 Td (ended ) Tj ET Q q 0 0 0 rg BT 181.02 190.55 Td (June ) Tj ET Q q 0 0 0 rg BT 202.93 190.55 Td (30, ) Tj ET Q q 0 0 0 rg BT 217.83 190.55 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.74 190.55 Td ($578.5 ) Tj ET Q q 0 0 0 rg BT 272.66 190.55 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.17 190.55 Td ( ) Tj ET Q q 0 0 0 rg BT 300.56 190.55 Td (including ) Tj ET Q q 0 0 0 rg BT 338.47 190.55 Td (fees ) Tj ET Q q 0 0 0 rg BT 357.87 190.55 Td (was ) Tj ET Q q 0 0 0 rg BT 376.27 190.55 Td (used ) Tj ET Q q 0 0 0 rg BT 398.18 190.55 Td (to ) Tj ET Q q 0 0 0 rg BT 408.07 190.55 Td (pay ) Tj ET Q q 0 0 0 rg BT 424.97 190.55 Td (for ) Tj ET Q q 0 0 0 rg BT 437.87 190.55 Td (the ) Tj ET Q q 0 0 0 rg BT 452.77 190.55 Td (purchase ) Tj ET Q q 0 0 0 rg BT 492.18 190.55 Td (for ) Tj ET Q q 0 0 0 rg BT 505.08 190.55 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 555.00 190.55 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 174.90 Td (7,753,879 ) Tj ET Q q 0 0 0 rg BT 113.79 174.90 Td (Class ) Tj ET Q q 0 0 0 rg BT 138.11 174.90 Td (A) Tj ET Q q 0 0 0 rg BT 143.61 174.90 Td ( ) Tj ET Q q 0 0 0 rg BT 145.87 174.90 Td (Shares ) Tj ET Q q 0 0 0 rg BT 176.64 174.90 Td (and ) Tj ET Q q 0 0 0 rg BT 193.92 174.90 Td (for ) Tj ET Q q 0 0 0 rg BT 206.67 174.90 Td (the ) Tj ET Q q 0 0 0 rg BT 221.44 174.90 Td (nine ) Tj ET Q q 0 0 0 rg BT 240.71 174.90 Td (months ) Tj ET Q q 0 0 0 rg BT 272.48 174.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 299.77 174.90 Td (June ) Tj ET Q q 0 0 0 rg BT 321.54 174.90 Td (30, ) Tj ET Q q 0 0 0 rg BT 336.31 174.90 Td (2017, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.09 174.90 Td ($683.1 ) Tj ET Q q 0 0 0 rg BT 390.87 174.90 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.38 174.90 Td ( ) Tj ET Q q 0 0 0 rg BT 418.63 174.90 Td (was ) Tj ET Q q 0 0 0 rg BT 436.89 174.90 Td (used ) Tj ET Q q 0 0 0 rg BT 458.67 174.90 Td (to ) Tj ET Q q 0 0 0 rg BT 468.43 174.90 Td (pay ) Tj ET Q q 0 0 0 rg BT 485.19 174.90 Td (for ) Tj ET Q q 0 0 0 rg BT 497.95 174.90 Td (the ) Tj ET Q q 0 0 0 rg BT 512.72 174.90 Td (purchase ) Tj ET Q q 0 0 0 rg BT 552.00 174.90 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 159.25 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 121.53 159.25 Td (of ) Tj ET Q q 0 0 0 rg BT 131.54 159.25 Td (10,926,400 ) Tj ET Q q 0 0 0 rg BT 179.08 159.25 Td (Class ) Tj ET Q q 0 0 0 rg BT 203.59 159.25 Td (A) Tj ET Q q 0 0 0 rg BT 209.10 159.25 Td ( ) Tj ET Q q 0 0 0 rg BT 211.60 159.25 Td (Shares.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 137.60 Td (Finally) Tj ET Q q 0 0 0 rg BT 96.84 137.60 Td (, ) Tj ET Q q 0 0 0 rg BT 101.56 137.60 Td (for ) Tj ET Q q 0 0 0 rg BT 114.28 137.60 Td (the ) Tj ET Q q 0 0 0 rg BT 129.02 137.60 Td (three ) Tj ET Q q 0 0 0 rg BT 151.75 137.60 Td (months ) Tj ET Q q 0 0 0 rg BT 183.48 137.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 210.73 137.60 Td (June ) Tj ET Q q 0 0 0 rg BT 232.47 137.60 Td (30, ) Tj ET Q q 0 0 0 rg BT 247.20 137.60 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 271.94 137.60 Td ($13.2 ) Tj ET Q q 0 0 0 rg BT 296.69 137.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.19 137.60 Td ( ) Tj ET Q q 0 0 0 rg BT 324.41 137.60 Td (was ) Tj ET Q q 0 0 0 rg BT 342.64 137.60 Td (received ) Tj ET Q q 0 0 0 rg BT 378.88 137.60 Td (in ) Tj ET Q q 0 0 0 rg BT 388.10 137.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 427.35 137.60 Td (from ) Tj ET Q q 0 0 0 rg BT 447.57 137.60 Td (the ) Tj ET Q q 0 0 0 rg BT 462.30 137.60 Td (exercise ) Tj ET Q q 0 0 0 rg BT 498.03 137.60 Td (of ) Tj ET Q q 0 0 0 rg BT 507.76 137.60 Td (stock ) Tj ET Q q 0 0 0 rg BT 530.99 137.60 Td (options, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 121.95 Td (while ) Tj ET Q q 0 0 0 rg BT 93.88 121.95 Td (in ) Tj ET Q q 0 0 0 rg BT 102.75 121.95 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 116.62 121.95 Td (2017, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 141.01 121.95 Td ($9.2 ) Tj ET Q q 0 0 0 rg BT 160.40 121.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 185.91 121.95 Td ( ) Tj ET Q q 0 0 0 rg BT 187.77 121.95 Td (was ) Tj ET Q q 0 0 0 rg BT 205.65 121.95 Td (received. ) Tj ET Q q 0 0 0 rg BT 244.03 121.95 Td (For ) Tj ET Q q 0 0 0 rg BT 259.40 121.95 Td (the ) Tj ET Q q 0 0 0 rg BT 273.78 121.95 Td (nine ) Tj ET Q q 0 0 0 rg BT 292.66 121.95 Td (months ) Tj ET Q q 0 0 0 rg BT 324.05 121.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 350.94 121.95 Td (June ) Tj ET Q q 0 0 0 rg BT 372.33 121.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 386.71 121.95 Td (2018, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.10 121.95 Td ($66.5 ) Tj ET Q q 0 0 0 rg BT 435.49 121.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.99 121.95 Td ( ) Tj ET Q q 0 0 0 rg BT 462.86 121.95 Td (was ) Tj ET Q q 0 0 0 rg BT 480.73 121.95 Td (received ) Tj ET Q q 0 0 0 rg BT 516.62 121.95 Td (in ) Tj ET Q q 0 0 0 rg BT 525.49 121.95 Td (proceeds ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 106.25 Td (from ) Tj ET Q q 0 0 0 rg BT 92.00 106.25 Td (the ) Tj ET Q q 0 0 0 rg BT 107.01 106.25 Td (exercise ) Tj ET Q q 0 0 0 rg BT 143.03 106.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.03 106.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 176.54 106.25 Td (options, ) Tj ET Q q 0 0 0 rg BT 210.56 106.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 253.08 106.25 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 263.09 106.25 Td ($45.6 ) Tj ET Q q 0 0 0 rg BT 288.11 106.25 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 313.62 106.25 Td ( ) Tj ET Q q 0 0 0 rg BT 316.12 106.25 Td (during ) Tj ET Q q 0 0 0 rg BT 343.64 106.25 Td (the ) Tj ET Q q 0 0 0 rg BT 358.65 106.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 378.16 106.25 Td (months ) Tj ET Q q 0 0 0 rg BT 410.18 106.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 437.71 106.25 Td (June ) Tj ET Q q 0 0 0 rg BT 459.72 106.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 474.73 106.25 Td (2017.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (29) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 708.95 Td (4.1.4. ) Tj ET Q q 0 0 0 rg BT 98.52 708.95 Td (Effect ) Tj ET Q q 0 0 0 rg BT 126.02 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 137.02 708.95 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 172.52 708.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 217.54 708.95 Td (Rate ) Tj ET Q q 0 0 0 rg BT 239.54 708.95 Td (Changes ) Tj ET Q q 0 0 0 rg BT 280.05 708.95 Td (on ) Tj ET Q q 0 0 0 rg BT 293.55 708.95 Td (Cash ) Tj ET Q q 0 0 0 rg BT 318.06 708.95 Td (and ) Tj ET Q q 0 0 0 rg BT 336.56 708.95 Td (Cash ) Tj ET Q q 0 0 0 rg BT 361.06 708.95 Td (Equivalents) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 692.45 Td (For ) Tj ET Q q 0 0 0 rg BT 86.75 692.45 Td (the ) Tj ET Q q 0 0 0 rg BT 101.02 692.45 Td (three ) Tj ET Q q 0 0 0 rg BT 123.29 692.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 140.05 692.45 Td (nine ) Tj ET Q q 0 0 0 rg BT 158.82 692.45 Td (months ) Tj ET Q q 0 0 0 rg BT 190.09 692.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 216.87 692.45 Td (June ) Tj ET Q q 0 0 0 rg BT 238.14 692.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 252.41 692.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 272.43 692.45 Td (, ) Tj ET Q q 0 0 0 rg BT 276.68 692.45 Td (the ) Tj ET Q q 0 0 0 rg BT 290.95 692.45 Td (ef) Tj ET Q q 0 0 0 rg BT 298.29 692.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 314.55 692.45 Td (of ) Tj ET Q q 0 0 0 rg BT 323.81 692.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 353.08 692.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 393.87 692.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 411.13 692.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 446.91 692.45 Td (on ) Tj ET Q q 0 0 0 rg BT 458.67 692.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 479.44 692.45 Td (and ) Tj ET Q q 0 0 0 rg BT 496.21 692.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 516.97 692.45 Td (equivalents ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 678.95 Td (had ) Tj ET Q q 0 0 0 rg BT 89.27 678.95 Td (an ) Tj ET Q q 0 0 0 rg BT 102.03 678.95 Td (unfavourable ) Tj ET Q q 0 0 0 rg BT 156.82 678.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 186.07 678.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 196.33 678.95 Td ($9.1 ) Tj ET Q q 0 0 0 rg BT 216.59 678.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.10 678.95 Td ( ) Tj ET Q q 0 0 0 rg BT 244.85 678.95 Td (and ) Tj ET Q q 0 0 0 rg BT 262.62 678.95 Td (a ) Tj ET Q q 0 0 0 rg BT 270.37 678.95 Td (favourable ) Tj ET Q q 0 0 0 rg BT 315.15 678.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 344.41 678.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.66 678.95 Td ($5.7 ) Tj ET Q q 0 0 0 rg BT 374.93 678.95 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.43 678.95 Td (, ) Tj ET Q q 0 0 0 rg BT 405.68 678.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 452.53 678.95 Td (. ) Tj ET Q q 0 0 0 rg BT 457.60 678.95 Td (This ) Tj ET Q q 0 0 0 rg BT 477.36 678.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 510.13 678.95 Td (had ) Tj ET Q q 0 0 0 rg BT 527.89 678.95 Td (no ) Tj ET Q q 0 0 0 rg BT 540.65 678.95 Td (ef) Tj ET Q q 0 0 0 rg BT 547.99 678.95 Td (fect ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 665.45 Td (on ) Tj ET Q q 0 0 0 rg BT 84.01 665.45 Td (net ) Tj ET Q q 0 0 0 rg BT 99.02 665.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 136.05 665.45 Td (as ) Tj ET Q q 0 0 0 rg BT 148.05 665.45 Td (it ) Tj ET Q q 0 0 0 rg BT 155.05 665.45 Td (was ) Tj ET Q q 0 0 0 rg BT 173.56 665.45 Td (recorded ) Tj ET Q q 0 0 0 rg BT 211.58 665.45 Td (in ) Tj ET Q q 0 0 0 rg BT 221.09 665.45 Td (other ) Tj ET Q q 0 0 0 rg BT 244.10 665.45 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 307.63 665.45 Td (income.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 639.65 Td (4.2. CAPIT) Tj ET Q q 0 0 0 rg BT 117.34 639.65 Td (AL) Tj ET Q q 0 0 0 rg BT 129.18 639.65 Td ( RESOURCES) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 188.69 639.65 Td () Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 629.15 403.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 475.50 629.15 87.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 475.50 616.15 87.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 475.50 606.15 87.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 475.50 593.15 87.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 475.50 580.15 87.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 567.15 403.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 475.50 567.15 87.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 629.15 m 475.5 629.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 629.15 m 562.5 629.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 554.15 m 475.5 554.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 554.15 m 562.5 554.15 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 620.63 Td (As at June 30, 2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 518.15 620.63 Td (A) Tj ET Q q 1 1 1 rg BT 523.63 620.63 Td (vailable) Tj ET Q BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 608.55 Td (In thousands of CAD) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 597.38 Td (Cash and cash equivalents) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 524.35 597.43 Td (171,096) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 584.38 Td (Long-term investments) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.80 584.43 Td (30,347) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 571.38 Td ($1.5 billion unsecured committed revolving credit facility) Tj ET Q BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 272.43 575.19 Td (1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 517.70 571.43 Td (1,345,029) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 558.38 Td (T) Tj ET Q q 0 0 0 rg BT 79.29 558.38 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.70 558.43 Td (1,546,472) Tj ET Q BT /F1 10.00 Tf ET BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 543.59 Td (1) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 74.53 540.25 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 540.25 Td (Includes an amount of $145.0 million outstanding under our unsecured committed revolving credit facility and letters of credit in the aggregate amount of ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 531.85 Td ($10.0 million as at ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 143.87 531.85 Td (June30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 188.24 531.85 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 512.35 Td (Our ) Tj ET Q q 0 0 0 rg BT 88.52 512.35 Td (cash ) Tj ET Q q 0 0 0 rg BT 109.56 512.35 Td (position ) Tj ET Q q 0 0 0 rg BT 142.60 512.35 Td (and ) Tj ET Q q 0 0 0 rg BT 159.64 512.35 Td (bank ) Tj ET Q q 0 0 0 rg BT 181.18 512.35 Td (lines ) Tj ET Q q 0 0 0 rg BT 201.71 512.35 Td (are ) Tj ET Q q 0 0 0 rg BT 216.74 512.35 Td (suf) Tj ET Q q 0 0 0 rg BT 228.58 512.35 Td (ficient ) Tj ET Q q 0 0 0 rg BT 254.11 512.35 Td (to ) Tj ET Q q 0 0 0 rg BT 263.64 512.35 Td (support ) Tj ET Q q 0 0 0 rg BT 295.68 512.35 Td (our ) Tj ET Q q 0 0 0 rg BT 310.71 512.35 Td (growth ) Tj ET Q q 0 0 0 rg BT 339.75 512.35 Td (strategy) Tj ET Q q 0 0 0 rg BT 371.09 512.35 Td (. ) Tj ET Q q 0 0 0 rg BT 375.21 512.35 Td (As ) Tj ET Q q 0 0 0 rg BT 387.74 512.35 Td (at ) Tj ET Q q 0 0 0 rg BT 397.27 512.35 Td (June ) Tj ET Q q 0 0 0 rg BT 418.81 512.35 Td (30, ) Tj ET Q q 0 0 0 rg BT 433.34 512.35 Td (2018, ) Tj ET Q q 0 0 0 rg BT 457.88 512.35 Td (cash ) Tj ET Q q 0 0 0 rg BT 478.92 512.35 Td (and ) Tj ET Q q 0 0 0 rg BT 495.95 512.35 Td (cash ) Tj ET Q q 0 0 0 rg BT 516.99 512.35 Td (equivalents ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 498.85 Td (and ) Tj ET Q q 0 0 0 rg BT 89.02 498.85 Td (long-term ) Tj ET Q q 0 0 0 rg BT 129.53 498.85 Td (investments ) Tj ET Q q 0 0 0 rg BT 180.05 498.85 Td (represented ) Tj ET Q q 0 0 0 rg BT 230.58 498.85 Td ($201.4 ) Tj ET Q q 0 0 0 rg BT 260.61 498.85 Td (million.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 479.35 Td (Cash ) Tj ET Q q 0 0 0 rg BT 95.11 479.35 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 143.25 479.35 Td (include ) Tj ET Q q 0 0 0 rg BT 174.38 479.35 Td (term ) Tj ET Q q 0 0 0 rg BT 194.98 479.35 Td (deposits, ) Tj ET Q q 0 0 0 rg BT 233.61 479.35 Td (all ) Tj ET Q q 0 0 0 rg BT 245.22 479.35 Td (with ) Tj ET Q q 0 0 0 rg BT 263.83 479.35 Td (maturities ) Tj ET Q q 0 0 0 rg BT 305.44 479.35 Td (of ) Tj ET Q q 0 0 0 rg BT 315.55 479.35 Td (90 ) Tj ET Q q 0 0 0 rg BT 328.17 479.35 Td (days ) Tj ET Q q 0 0 0 rg BT 349.78 479.35 Td (or ) Tj ET Q q 0 0 0 rg BT 360.39 479.35 Td (less. ) Tj ET Q q 0 0 0 rg BT 381.50 479.35 Td (Long-term ) Tj ET Q q 0 0 0 rg BT 425.12 479.35 Td (investments ) Tj ET Q q 0 0 0 rg BT 475.74 479.35 Td (include ) Tj ET Q q 0 0 0 rg BT 506.87 479.35 Td (corporate ) Tj ET Q q 0 0 0 rg BT 547.50 479.35 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 465.85 Td (government ) Tj ET Q q 0 0 0 rg BT 121.53 465.85 Td (bonds ) Tj ET Q q 0 0 0 rg BT 148.55 465.85 Td (with ) Tj ET Q q 0 0 0 rg BT 167.05 465.85 Td (maturities ) Tj ET Q q 0 0 0 rg BT 208.57 465.85 Td (ranging ) Tj ET Q q 0 0 0 rg BT 241.09 465.85 Td (from ) Tj ET Q q 0 0 0 rg BT 261.59 465.85 Td (one ) Tj ET Q q 0 0 0 rg BT 279.11 465.85 Td (to ) Tj ET Q q 0 0 0 rg BT 289.11 465.85 Td (five ) Tj ET Q q 0 0 0 rg BT 305.62 465.85 Td (years, ) Tj ET Q q 0 0 0 rg BT 332.63 465.85 Td (with ) Tj ET Q q 0 0 0 rg BT 351.13 465.85 Td (a ) Tj ET Q q 0 0 0 rg BT 358.64 465.85 Td (credit ) Tj ET Q q 0 0 0 rg BT 383.15 465.85 Td (rating ) Tj ET Q q 0 0 0 rg BT 408.16 465.85 Td (of ) Tj ET Q q 0 0 0 rg BT 417.67 465.85 Td (A) Tj ET Q q 0 0 0 rg BT 423.18 465.85 Td ( ) Tj ET Q q 0 0 0 rg BT 425.68 465.85 Td (or ) Tj ET Q q 0 0 0 rg BT 436.18 465.85 Td (higher) Tj ET Q q 0 0 0 rg BT 460.70 465.85 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 446.35 Td (As ) Tj ET Q q 0 0 0 rg BT 84.70 446.35 Td (at ) Tj ET Q q 0 0 0 rg BT 94.90 446.35 Td (June ) Tj ET Q q 0 0 0 rg BT 117.11 446.35 Td (30, ) Tj ET Q q 0 0 0 rg BT 132.32 446.35 Td (2018, ) Tj ET Q q 0 0 0 rg BT 157.53 446.35 Td (the ) Tj ET Q q 0 0 0 rg BT 172.74 446.35 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 215.97 446.35 Td (amount ) Tj ET Q q 0 0 0 rg BT 248.68 446.35 Td (of ) Tj ET Q q 0 0 0 rg BT 258.88 446.35 Td (the ) Tj ET Q q 0 0 0 rg BT 274.09 446.35 Td (capital ) Tj ET Q q 0 0 0 rg BT 302.80 446.35 Td (resources ) Tj ET Q q 0 0 0 rg BT 345.01 446.35 Td (available ) Tj ET Q q 0 0 0 rg BT 383.23 446.35 Td (to ) Tj ET Q q 0 0 0 rg BT 393.43 446.35 Td (the ) Tj ET Q q 0 0 0 rg BT 408.64 446.35 Td (Company ) Tj ET Q q 0 0 0 rg BT 449.85 446.35 Td (was ) Tj ET Q q 0 0 0 rg BT 468.55 446.35 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.75 446.35 Td ($1,546.5 ) Tj ET Q q 0 0 0 rg BT 516.48 446.35 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.98 446.35 Td (. ) Tj ET Q q 0 0 0 rg BT 547.00 446.35 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 432.85 Td (long-term ) Tj ET Q q 0 0 0 rg BT 111.77 432.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 131.55 432.85 Td (agreements ) Tj ET Q q 0 0 0 rg BT 181.34 432.85 Td (contain ) Tj ET Q q 0 0 0 rg BT 212.62 432.85 Td (covenants, ) Tj ET Q q 0 0 0 rg BT 258.41 432.85 Td (which ) Tj ET Q q 0 0 0 rg BT 283.68 432.85 Td (require ) Tj ET Q q 0 0 0 rg BT 313.96 432.85 Td (us ) Tj ET Q q 0 0 0 rg BT 325.73 432.85 Td (to ) Tj ET Q q 0 0 0 rg BT 335.49 432.85 Td (maintain ) Tj ET Q q 0 0 0 rg BT 371.77 432.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 401.05 432.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 436.33 432.85 Td (ratios. ) Tj ET Q q 0 0 0 rg BT 462.65 432.85 Td (As ) Tj ET Q q 0 0 0 rg BT 475.41 432.85 Td (at ) Tj ET Q q 0 0 0 rg BT 485.18 432.85 Td (June ) Tj ET Q q 0 0 0 rg BT 506.96 432.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 521.73 432.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 546.51 432.85 Td (CGI ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 419.35 Td (was ) Tj ET Q q 0 0 0 rg BT 90.01 419.35 Td (in ) Tj ET Q q 0 0 0 rg BT 99.51 419.35 Td (compliance ) Tj ET Q q 0 0 0 rg BT 147.53 419.35 Td (with ) Tj ET Q q 0 0 0 rg BT 166.04 419.35 Td (these ) Tj ET Q q 0 0 0 rg BT 190.56 419.35 Td (covenants.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 399.85 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 399.85 Td (otal ) Tj ET Q q 0 0 0 rg BT 93.17 399.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 113.35 399.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 155.04 399.85 Td (by ) Tj ET Q q 0 0 0 rg BT 167.20 399.85 Td ($61.0 ) Tj ET Q q 0 0 0 rg BT 192.39 399.85 Td (million ) Tj ET Q q 0 0 0 rg BT 220.55 399.85 Td (to ) Tj ET Q q 0 0 0 rg BT 230.72 399.85 Td ($1,842.6 ) Tj ET Q q 0 0 0 rg BT 268.42 399.85 Td (million ) Tj ET Q q 0 0 0 rg BT 296.58 399.85 Td (as ) Tj ET Q q 0 0 0 rg BT 308.75 399.85 Td (at ) Tj ET Q q 0 0 0 rg BT 318.92 399.85 Td (June ) Tj ET Q q 0 0 0 rg BT 341.10 399.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 356.27 399.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 381.45 399.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 424.13 399.85 Td (to ) Tj ET Q q 0 0 0 rg BT 434.30 399.85 Td ($1,781.6 ) Tj ET Q q 0 0 0 rg BT 472.00 399.85 Td (million ) Tj ET Q q 0 0 0 rg BT 500.16 399.85 Td (as ) Tj ET Q q 0 0 0 rg BT 512.33 399.85 Td (at ) Tj ET Q q 0 0 0 rg BT 522.50 399.85 Td (March31, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 386.35 Td (2018. ) Tj ET Q q 0 0 0 rg BT 95.84 386.35 Td (The ) Tj ET Q q 0 0 0 rg BT 113.29 386.35 Td (variance ) Tj ET Q q 0 0 0 rg BT 149.26 386.35 Td (was ) Tj ET Q q 0 0 0 rg BT 167.21 386.35 Td (mainly ) Tj ET Q q 0 0 0 rg BT 195.16 386.35 Td (due ) Tj ET Q q 0 0 0 rg BT 212.12 386.35 Td (to ) Tj ET Q q 0 0 0 rg BT 221.57 386.35 Td (net ) Tj ET Q q 0 0 0 rg BT 236.03 386.35 Td (change ) Tj ET Q q 0 0 0 rg BT 267.50 386.35 Td (on ) Tj ET Q q 0 0 0 rg BT 279.45 386.35 Td (our ) Tj ET Q q 0 0 0 rg BT 294.41 386.35 Td (long-term ) Tj ET Q q 0 0 0 rg BT 334.36 386.35 Td (debt ) Tj ET Q q 0 0 0 rg BT 353.82 386.35 Td (of ) Tj ET Q q 0 0 0 rg BT 363.27 386.35 Td ($43.4 ) Tj ET Q q 0 0 0 rg BT 387.74 386.35 Td (million ) Tj ET Q q 0 0 0 rg BT 415.19 386.35 Td (and ) Tj ET Q q 0 0 0 rg BT 432.15 386.35 Td (by ) Tj ET Q q 0 0 0 rg BT 443.60 386.35 Td (a ) Tj ET Q q 0 0 0 rg BT 450.55 386.35 Td (foreign ) Tj ET Q q 0 0 0 rg BT 480.02 386.35 Td (exchange ) Tj ET Q q 0 0 0 rg BT 520.99 386.35 Td (translation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 372.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 100.51 372.85 Td (of ) Tj ET Q q 0 0 0 rg BT 110.51 372.85 Td ($21.6 ) Tj ET Q q 0 0 0 rg BT 135.54 372.85 Td (million.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 353.35 Td (As ) Tj ET Q q 0 0 0 rg BT 84.51 353.35 Td (at ) Tj ET Q q 0 0 0 rg BT 94.52 353.35 Td (June ) Tj ET Q q 0 0 0 rg BT 116.55 353.35 Td (30, ) Tj ET Q q 0 0 0 rg BT 131.57 353.35 Td (2018, ) Tj ET Q q 0 0 0 rg BT 156.60 353.35 Td (CGI ) Tj ET Q q 0 0 0 rg BT 175.11 353.35 Td (was ) Tj ET Q q 0 0 0 rg BT 193.62 353.35 Td (showing ) Tj ET Q q 0 0 0 rg BT 229.15 353.35 Td (a ) Tj ET Q q 0 0 0 rg BT 236.66 353.35 Td (negative ) Tj ET Q q 0 0 0 rg BT 273.19 353.35 Td (working ) Tj ET Q q 0 0 0 rg BT 306.71 353.35 Td (capital) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 332.73 357.64 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.98 353.35 Td ( ) Tj ET Q q 0 0 0 rg BT 338.49 353.35 Td (of ) Tj ET Q q 0 0 0 rg BT 348.50 353.35 Td ($48.2 ) Tj ET Q q 0 0 0 rg BT 373.53 353.35 Td (million. ) Tj ET Q q 0 0 0 rg BT 403.89 353.35 Td (The ) Tj ET Q q 0 0 0 rg BT 421.90 353.35 Td (Company ) Tj ET Q q 0 0 0 rg BT 462.93 353.35 Td (also ) Tj ET Q q 0 0 0 rg BT 481.95 353.35 Td (had ) Tj ET Q q 0 0 0 rg BT 499.47 353.35 Td ($1,345.0 ) Tj ET Q q 0 0 0 rg BT 537.01 353.35 Td (million ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 339.85 Td (available ) Tj ET Q q 0 0 0 rg BT 109.67 339.85 Td (under ) Tj ET Q q 0 0 0 rg BT 135.34 339.85 Td (its ) Tj ET Q q 0 0 0 rg BT 146.98 339.85 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 191.66 339.85 Td (committed ) Tj ET Q q 0 0 0 rg BT 235.81 339.85 Td (revolving ) Tj ET Q q 0 0 0 rg BT 274.48 339.85 Td (credit ) Tj ET Q q 0 0 0 rg BT 299.13 339.85 Td (facility ) Tj ET Q q 0 0 0 rg BT 326.78 339.85 Td (and ) Tj ET Q q 0 0 0 rg BT 344.44 339.85 Td (is ) Tj ET Q q 0 0 0 rg BT 353.59 339.85 Td (generating ) Tj ET Q q 0 0 0 rg BT 398.77 339.85 Td (a ) Tj ET Q q 0 0 0 rg BT 406.42 339.85 Td (significant ) Tj ET Q q 0 0 0 rg BT 449.09 339.85 Td (level ) Tj ET Q q 0 0 0 rg BT 470.24 339.85 Td (of ) Tj ET Q q 0 0 0 rg BT 480.40 339.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 502.05 339.85 Td (that ) Tj ET Q q 0 0 0 rg BT 519.71 339.85 Td (will ) Tj ET Q q 0 0 0 rg BT 534.85 339.85 Td (allow ) Tj ET Q q 0 0 0 rg BT 558.01 339.85 Td (it ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 326.35 Td (to ) Tj ET Q q 0 0 0 rg BT 81.51 326.35 Td (fund ) Tj ET Q q 0 0 0 rg BT 101.52 326.35 Td (its ) Tj ET Q q 0 0 0 rg BT 113.02 326.35 Td (operations ) Tj ET Q q 0 0 0 rg BT 157.55 326.35 Td (while ) Tj ET Q q 0 0 0 rg BT 180.56 326.35 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 229.09 326.35 Td (adequate ) Tj ET Q q 0 0 0 rg BT 269.13 326.35 Td (levels ) Tj ET Q q 0 0 0 rg BT 294.64 326.35 Td (of ) Tj ET Q q 0 0 0 rg BT 304.65 326.35 Td (liquidity) Tj ET Q q 0 0 0 rg BT 333.99 326.35 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 306.85 Td (Management ) Tj ET Q q 0 0 0 rg BT 126.75 306.85 Td (does ) Tj ET Q q 0 0 0 rg BT 148.99 306.85 Td (not ) Tj ET Q q 0 0 0 rg BT 164.22 306.85 Td (expect ) Tj ET Q q 0 0 0 rg BT 193.46 306.85 Td (that ) Tj ET Q q 0 0 0 rg BT 211.20 306.85 Td (the ) Tj ET Q q 0 0 0 rg BT 226.43 306.85 Td (tax ) Tj ET Q q 0 0 0 rg BT 241.16 306.85 Td (implications ) Tj ET Q q 0 0 0 rg BT 290.90 306.85 Td (and ) Tj ET Q q 0 0 0 rg BT 308.63 306.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 337.86 306.85 Td (on ) Tj ET Q q 0 0 0 rg BT 350.60 306.85 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 398.34 306.85 Td (of ) Tj ET Q q 0 0 0 rg BT 408.57 306.85 Td (the ) Tj ET Q q 0 0 0 rg BT 423.80 306.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 445.54 306.85 Td (and ) Tj ET Q q 0 0 0 rg BT 463.27 306.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 485.01 306.85 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 533.26 306.85 Td (held ) Tj ET Q q 0 0 0 rg BT 553.00 306.85 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 293.35 Td (foreign ) Tj ET Q q 0 0 0 rg BT 101.52 293.35 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 151.54 293.35 Td (as ) Tj ET Q q 0 0 0 rg BT 163.55 293.35 Td (at ) Tj ET Q q 0 0 0 rg BT 173.55 293.35 Td (June ) Tj ET Q q 0 0 0 rg BT 195.57 293.35 Td (30, ) Tj ET Q q 0 0 0 rg BT 210.58 293.35 Td (2018 ) Tj ET Q q 0 0 0 rg BT 233.10 293.35 Td (will ) Tj ET Q q 0 0 0 rg BT 248.10 293.35 Td (materially ) Tj ET Q q 0 0 0 rg BT 289.11 293.35 Td (af) Tj ET Q q 0 0 0 rg BT 296.46 293.35 Td (fect ) Tj ET Q q 0 0 0 rg BT 313.46 293.35 Td (the ) Tj ET Q q 0 0 0 rg BT 328.47 293.35 Td (Company's ) Tj ET Q q 0 0 0 rg BT 375.71 293.35 Td (liquidity) Tj ET Q q 0 0 0 rg BT 405.06 293.35 Td (.) Tj ET Q BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 71.50 273.29 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.03 269.95 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 269.95 Td (W) Tj ET Q q 0 0 0 rg BT 91.98 269.95 Td (orking ) Tj ET Q q 0 0 0 rg BT 112.99 269.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 135.17 269.95 Td (is ) Tj ET Q q 0 0 0 rg BT 142.17 269.95 Td (defined ) Tj ET Q q 0 0 0 rg BT 167.08 269.95 Td (as ) Tj ET Q q 0 0 0 rg BT 176.42 269.95 Td (total ) Tj ET Q q 0 0 0 rg BT 191.59 269.95 Td (current ) Tj ET Q q 0 0 0 rg BT 215.32 269.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 237.50 269.95 Td (minus ) Tj ET Q q 0 0 0 rg BT 258.12 269.95 Td (total ) Tj ET Q q 0 0 0 rg BT 273.29 269.95 Td (current ) Tj ET Q q 0 0 0 rg BT 297.02 269.95 Td (liabilities.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 241.45 Td (4.3. ) Tj ET Q q 0 0 0 rg BT 91.01 241.45 Td (CONTRACTUAL) Tj ET Q q 0 0 0 rg BT 159.84 241.45 Td ( ) Tj ET Q q 0 0 0 rg BT 162.34 241.45 Td (OBLIGA) Tj ET Q q 0 0 0 rg BT 196.67 241.45 Td (TIONS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 221.95 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 221.95 Td (e ) Tj ET Q q 0 0 0 rg BT 88.00 221.95 Td (are ) Tj ET Q q 0 0 0 rg BT 103.67 221.95 Td (committed ) Tj ET Q q 0 0 0 rg BT 147.85 221.95 Td (under ) Tj ET Q q 0 0 0 rg BT 173.53 221.95 Td (the ) Tj ET Q q 0 0 0 rg BT 188.71 221.95 Td (terms ) Tj ET Q q 0 0 0 rg BT 213.87 221.95 Td (of ) Tj ET Q q 0 0 0 rg BT 224.04 221.95 Td (contractual ) Tj ET Q q 0 0 0 rg BT 270.73 221.95 Td (obligations ) Tj ET Q q 0 0 0 rg BT 316.42 221.95 Td (which ) Tj ET Q q 0 0 0 rg BT 342.10 221.95 Td (have ) Tj ET Q q 0 0 0 rg BT 364.28 221.95 Td (various ) Tj ET Q q 0 0 0 rg BT 395.95 221.95 Td (expiration ) Tj ET Q q 0 0 0 rg BT 437.64 221.95 Td (dates, ) Tj ET Q q 0 0 0 rg BT 464.82 221.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 501.49 221.95 Td (for ) Tj ET Q q 0 0 0 rg BT 514.65 221.95 Td (the ) Tj ET Q q 0 0 0 rg BT 529.83 221.95 Td (rental ) Tj ET Q q 0 0 0 rg BT 555.01 221.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 208.45 Td (premises, ) Tj ET Q q 0 0 0 rg BT 112.73 208.45 Td (computer ) Tj ET Q q 0 0 0 rg BT 151.97 208.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 195.73 208.45 Td (used ) Tj ET Q q 0 0 0 rg BT 216.97 208.45 Td (in ) Tj ET Q q 0 0 0 rg BT 225.70 208.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 273.95 208.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 312.19 208.45 Td (and ) Tj ET Q q 0 0 0 rg BT 328.93 208.45 Td (long-term ) Tj ET Q q 0 0 0 rg BT 368.67 208.45 Td (service ) Tj ET Q q 0 0 0 rg BT 398.90 208.45 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 450.54 208.45 Td (There ) Tj ET Q q 0 0 0 rg BT 475.77 208.45 Td (have ) Tj ET Q q 0 0 0 rg BT 497.01 208.45 Td (been ) Tj ET Q q 0 0 0 rg BT 518.76 208.45 Td (no ) Tj ET Q q 0 0 0 rg BT 530.49 208.45 Td (material ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 194.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 108.53 194.95 Td (to ) Tj ET Q q 0 0 0 rg BT 118.53 194.95 Td (these ) Tj ET Q q 0 0 0 rg BT 143.05 194.95 Td (obligations ) Tj ET Q q 0 0 0 rg BT 188.58 194.95 Td (since ) Tj ET Q q 0 0 0 rg BT 212.09 194.95 Td (our ) Tj ET Q q 0 0 0 rg BT 227.60 194.95 Td (year ) Tj ET Q q 0 0 0 rg BT 247.61 194.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 275.14 194.95 Td (September ) Tj ET Q q 0 0 0 rg BT 321.66 194.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 336.67 194.95 Td (2017.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 166.45 Td (4.4. ) Tj ET Q q 0 0 0 rg BT 91.01 166.45 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 139.34 166.45 Td ( ) Tj ET Q q 0 0 0 rg BT 141.84 166.45 Td (INSTRUMENTS ) Tj ET Q q 0 0 0 rg BT 209.01 166.45 Td (AND ) Tj ET Q q 0 0 0 rg BT 231.01 166.45 Td (HEDGING ) Tj ET Q q 0 0 0 rg BT 275.51 166.45 Td (TRANSACTIONS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 146.95 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 146.95 Td (e ) Tj ET Q q 0 0 0 rg BT 87.57 146.95 Td (use ) Tj ET Q q 0 0 0 rg BT 104.31 146.95 Td (various ) Tj ET Q q 0 0 0 rg BT 135.55 146.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 170.80 146.95 Td (instruments ) Tj ET Q q 0 0 0 rg BT 219.54 146.95 Td (to ) Tj ET Q q 0 0 0 rg BT 229.28 146.95 Td (manage ) Tj ET Q q 0 0 0 rg BT 264.03 146.95 Td (our ) Tj ET Q q 0 0 0 rg BT 279.27 146.95 Td (exposure ) Tj ET Q q 0 0 0 rg BT 318.52 146.95 Td (to ) Tj ET Q q 0 0 0 rg BT 328.26 146.95 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 376.02 146.95 Td (of ) Tj ET Q q 0 0 0 rg BT 385.75 146.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 415.50 146.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 452.24 146.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 493.50 146.95 Td (rates ) Tj ET Q q 0 0 0 rg BT 515.74 146.95 Td (and ) Tj ET Q q 0 0 0 rg BT 532.98 146.95 Td (interest ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 133.45 Td (rates. ) Tj ET Q q 0 0 0 rg BT 97.56 133.45 Td (Please ) Tj ET Q q 0 0 0 rg BT 128.13 133.45 Td (refer ) Tj ET Q q 0 0 0 rg BT 149.69 133.45 Td (to ) Tj ET Q q 0 0 0 rg BT 160.25 133.45 Td (note ) Tj ET Q q 0 0 0 rg BT 180.82 133.45 Td (1) Tj ET Q q 0 0 0 rg BT 185.15 133.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 193.21 133.45 Td (of ) Tj ET Q q 0 0 0 rg BT 203.77 133.45 Td (our ) Tj ET Q q 0 0 0 rg BT 219.83 133.45 Td (interim ) Tj ET Q q 0 0 0 rg BT 249.89 133.45 Td (condensed ) Tj ET Q q 0 0 0 rg BT 296.98 133.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 350.57 133.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 386.64 133.45 Td (statements ) Tj ET Q q 0 0 0 rg BT 433.71 133.45 Td (for ) Tj ET Q q 0 0 0 rg BT 447.27 133.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 488.85 133.45 Td (information ) Tj ET Q q 0 0 0 rg BT 536.42 133.45 Td (on ) Tj ET Q q 0 0 0 rg BT 549.49 133.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 119.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 107.52 119.95 Td (instruments ) Tj ET Q q 0 0 0 rg BT 156.54 119.95 Td (and ) Tj ET Q q 0 0 0 rg BT 174.05 119.95 Td (hedging ) Tj ET Q q 0 0 0 rg BT 208.59 119.95 Td (transactions.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (30) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (4.5. SELECTED MEASURES OF CAPIT) Tj ET Q q 0 0 0 rg BT 234.86 708.95 Td (AL) Tj ET Q q 0 0 0 rg BT 246.69 708.95 Td ( RESOURCES ) Tj ET Q q 0 0 0 rg BT 308.37 708.95 Td (AND LIQUIDITY) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 698.45 327.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 399.50 698.45 82.00 -13.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 481.50 698.45 81.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 685.45 82.00 -10.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 675.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 662.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 649.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 636.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 623.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 610.45 82.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 597.45 327.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 399.50 597.45 82.00 -13.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 481.50 597.45 81.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 584.45 82.00 -4.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 580.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 567.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 554.45 82.00 -13.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 399.50 541.45 82.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 698.45 m 399.5 698.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 698.45 m 481.5 698.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 698.45 m 562.5 698.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 528.45 m 399.5 528.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 528.45 m 481.5 528.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 528.45 m 562.5 528.45 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 689.93 Td (As at June 30,) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 454.20 689.93 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 535.20 689.93 Td (2017) Tj ET Q BT /F4 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 75.00 677.85 Td (In thousands of CAD except for percentages) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 666.68 Td (Reconciliation between net debt and long-term debt including the current portion:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 653.68 Td (Net debt) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.25 653.73 Td (1,685,206) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 519.25 653.73 Td (1,449,789) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 75.00 640.63 Td (Add back:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 627.68 Td (Cash and cash equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.90 627.68 Td (171,096) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 525.90 627.68 Td (302,937) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 614.68 Td (Long-term investments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.30 614.68 Td (30,347) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 530.35 614.73 Td (31,567) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 87.00 601.68 Td (Fair value of foreign currency derivative financial instruments related to debt) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.70 601.68 Td (\(44,023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.85 601.68 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 527.70 601.68 Td (\(54,938) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 554.85 601.68 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.00 588.68 Td (Long-term debt including the current portion) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.25 588.73 Td (1,842,626) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 519.25 588.73 Td (1,729,355) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 571.68 Td (Net debt to capitalization ratio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 571.73 Td (19.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.85 571.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 533.25 571.73 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 548.85 571.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 558.68 Td (Return on equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 558.73 Td (16.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.85 558.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 533.25 558.73 Td (17.2) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 548.85 558.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 545.68 Td (Return on invested capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 545.73 Td (13.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.85 545.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 533.25 545.73 Td (14.6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 548.85 545.68 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 532.68 Td (Days sales outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.95 532.68 Td (50) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 545.95 532.68 Td (45) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 506.45 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 506.45 Td (e ) Tj ET Q q 0 0 0 rg BT 88.61 506.45 Td (use ) Tj ET Q q 0 0 0 rg BT 106.39 506.45 Td (the ) Tj ET Q q 0 0 0 rg BT 122.17 506.45 Td (net ) Tj ET Q q 0 0 0 rg BT 137.94 506.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 158.73 506.45 Td (to ) Tj ET Q q 0 0 0 rg BT 169.50 506.45 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 224.80 506.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 245.58 506.45 Td (as ) Tj ET Q q 0 0 0 rg BT 258.35 506.45 Td (an ) Tj ET Q q 0 0 0 rg BT 271.63 506.45 Td (indication ) Tj ET Q q 0 0 0 rg BT 312.93 506.45 Td (of ) Tj ET Q q 0 0 0 rg BT 323.70 506.45 Td (our ) Tj ET Q q 0 0 0 rg BT 339.98 506.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 376.27 506.45 Td (leverage ) Tj ET Q q 0 0 0 rg BT 414.06 506.45 Td (in ) Tj ET Q q 0 0 0 rg BT 424.33 506.45 Td (order ) Tj ET Q q 0 0 0 rg BT 448.61 506.45 Td (to ) Tj ET Q q 0 0 0 rg BT 459.39 506.45 Td (realize ) Tj ET Q q 0 0 0 rg BT 489.17 506.45 Td (our ) Tj ET Q q 0 0 0 rg BT 505.44 506.45 Td (Build ) Tj ET Q q 0 0 0 rg BT 528.73 506.45 Td (and ) Tj ET Q q 0 0 0 rg BT 547.01 506.45 Td (Buy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 492.95 Td (strategy) Tj ET Q q 0 0 0 rg BT 103.35 492.95 Td (. ) Tj ET Q q 0 0 0 rg BT 108.45 492.95 Td (The ) Tj ET Q q 0 0 0 rg BT 126.74 492.95 Td (net ) Tj ET Q q 0 0 0 rg BT 142.04 492.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 162.34 492.95 Td (to ) Tj ET Q q 0 0 0 rg BT 172.63 492.95 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 227.44 492.95 Td (ratio ) Tj ET Q q 0 0 0 rg BT 247.73 492.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 289.54 492.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.83 492.95 Td (19.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.35 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 328.13 492.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.92 492.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.93 492.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 352.71 492.95 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.73 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 375.52 492.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.30 492.95 Td (17.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.82 492.95 Td ( ) Tj ET Q q 0 0 0 rg BT 424.60 492.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.39 492.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.40 492.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.18 492.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.20 492.95 Td (. ) Tj ET Q q 0 0 0 rg BT 474.30 492.95 Td (The ) Tj ET Q q 0 0 0 rg BT 492.60 492.95 Td (change ) Tj ET Q q 0 0 0 rg BT 524.91 492.95 Td (in ) Tj ET Q q 0 0 0 rg BT 534.70 492.95 Td (the ) Tj ET Q q 0 0 0 rg BT 549.99 492.95 Td (net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 479.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 91.16 479.45 Td (to ) Tj ET Q q 0 0 0 rg BT 100.31 479.45 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 153.98 479.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 173.14 479.45 Td (was ) Tj ET Q q 0 0 0 rg BT 190.78 479.45 Td (mostly ) Tj ET Q q 0 0 0 rg BT 218.43 479.45 Td (due ) Tj ET Q q 0 0 0 rg BT 235.09 479.45 Td (to ) Tj ET Q q 0 0 0 rg BT 244.24 479.45 Td (the ) Tj ET Q q 0 0 0 rg BT 258.39 479.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 297.06 479.45 Td (in ) Tj ET Q q 0 0 0 rg BT 305.71 479.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 326.36 479.45 Td (and ) Tj ET Q q 0 0 0 rg BT 343.02 479.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 363.68 479.45 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 413.35 479.45 Td (following ) Tj ET Q q 0 0 0 rg BT 450.02 479.45 Td (the ) Tj ET Q q 0 0 0 rg BT 464.17 479.45 Td (purchase ) Tj ET Q q 0 0 0 rg BT 502.84 479.45 Td (for ) Tj ET Q q 0 0 0 rg BT 514.99 479.45 Td (cancellation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 465.95 Td (of ) Tj ET Q q 0 0 0 rg BT 82.01 465.95 Td (Class ) Tj ET Q q 0 0 0 rg BT 106.51 465.95 Td (A) Tj ET Q q 0 0 0 rg BT 112.02 465.95 Td ( ) Tj ET Q q 0 0 0 rg BT 114.52 465.95 Td (Shares ) Tj ET Q q 0 0 0 rg BT 145.54 465.95 Td (and ) Tj ET Q q 0 0 0 rg BT 163.05 465.95 Td (the ) Tj ET Q q 0 0 0 rg BT 178.07 465.95 Td (investment ) Tj ET Q q 0 0 0 rg BT 224.09 465.95 Td (in ) Tj ET Q q 0 0 0 rg BT 233.59 465.95 Td (business ) Tj ET Q q 0 0 0 rg BT 271.61 465.95 Td (acquisitions.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 446.45 Td (ROE ) Tj ET Q q 0 0 0 rg BT 93.86 446.45 Td (is ) Tj ET Q q 0 0 0 rg BT 102.71 446.45 Td (a ) Tj ET Q q 0 0 0 rg BT 110.07 446.45 Td (measure ) Tj ET Q q 0 0 0 rg BT 147.43 446.45 Td (of ) Tj ET Q q 0 0 0 rg BT 157.29 446.45 Td (the ) Tj ET Q q 0 0 0 rg BT 172.16 446.45 Td (return ) Tj ET Q q 0 0 0 rg BT 198.02 446.45 Td (we ) Tj ET Q q 0 0 0 rg BT 211.88 446.45 Td (are ) Tj ET Q q 0 0 0 rg BT 227.24 446.45 Td (generating ) Tj ET Q q 0 0 0 rg BT 272.12 446.45 Td (for ) Tj ET Q q 0 0 0 rg BT 284.98 446.45 Td (our ) Tj ET Q q 0 0 0 rg BT 300.34 446.45 Td (shareholders. ) Tj ET Q q 0 0 0 rg BT 357.22 446.45 Td (ROE ) Tj ET Q q 0 0 0 rg BT 379.08 446.45 Td (decreased ) Tj ET Q q 0 0 0 rg BT 423.46 446.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.32 446.45 Td (16.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 458.84 446.45 Td ( ) Tj ET Q q 0 0 0 rg BT 461.19 446.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.55 446.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.55 446.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.91 446.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.93 446.45 Td ( ) Tj ET Q q 0 0 0 rg BT 507.28 446.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.63 446.45 Td (17.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 553.15 446.45 Td ( ) Tj ET Q q 0 0 0 rg BT 555.51 446.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 432.95 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 84.01 432.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 87.23 432.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 107.25 432.95 Td (. ) Tj ET Q q 0 0 0 rg BT 112.77 432.95 Td (The ) Tj ET Q q 0 0 0 rg BT 131.50 432.95 Td (decrease ) Tj ET Q q 0 0 0 rg BT 171.75 432.95 Td (was ) Tj ET Q q 0 0 0 rg BT 190.98 432.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 220.21 432.95 Td (due ) Tj ET Q q 0 0 0 rg BT 238.45 432.95 Td (to ) Tj ET Q q 0 0 0 rg BT 249.18 432.95 Td (lower ) Tj ET Q q 0 0 0 rg BT 273.91 432.95 Td (net ) Tj ET Q q 0 0 0 rg BT 289.65 432.95 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 329.90 432.95 Td (mainly ) Tj ET Q q 0 0 0 rg BT 359.13 432.95 Td (the ) Tj ET Q q 0 0 0 rg BT 374.86 432.95 Td (result ) Tj ET Q q 0 0 0 rg BT 400.10 432.95 Td (of ) Tj ET Q q 0 0 0 rg BT 410.83 432.95 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 464.07 432.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 488.30 432.95 Td (over ) Tj ET Q q 0 0 0 rg BT 509.03 432.95 Td (the ) Tj ET Q q 0 0 0 rg BT 524.77 432.95 Td (last ) Tj ET Q q 0 0 0 rg BT 542.00 432.95 Td (three ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 419.45 Td (quarters.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 399.95 Td (ROIC ) Tj ET Q q 0 0 0 rg BT 96.54 399.95 Td (is ) Tj ET Q q 0 0 0 rg BT 105.07 399.95 Td (a ) Tj ET Q q 0 0 0 rg BT 112.12 399.95 Td (measure ) Tj ET Q q 0 0 0 rg BT 149.17 399.95 Td (of ) Tj ET Q q 0 0 0 rg BT 158.71 399.95 Td (the ) Tj ET Q q 0 0 0 rg BT 173.26 399.95 Td (Company) Tj ET Q q 0 0 0 rg BT 213.62 399.95 Td (s ) Tj ET Q q 0 0 0 rg BT 220.16 399.95 Td (ef) Tj ET Q q 0 0 0 rg BT 227.50 399.95 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 259.55 399.95 Td (in ) Tj ET Q q 0 0 0 rg BT 268.59 399.95 Td (allocating ) Tj ET Q q 0 0 0 rg BT 308.65 399.95 Td (the ) Tj ET Q q 0 0 0 rg BT 323.20 399.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 351.25 399.95 Td (under ) Tj ET Q q 0 0 0 rg BT 376.31 399.95 Td (our ) Tj ET Q q 0 0 0 rg BT 391.36 399.95 Td (control ) Tj ET Q q 0 0 0 rg BT 420.41 399.95 Td (to ) Tj ET Q q 0 0 0 rg BT 429.95 399.95 Td (profitable ) Tj ET Q q 0 0 0 rg BT 469.01 399.95 Td (investments. ) Tj ET Q q 0 0 0 rg BT 521.44 399.95 Td (The ) Tj ET Q q 0 0 0 rg BT 538.98 399.95 Td (return ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 386.45 Td (on ) Tj ET Q q 0 0 0 rg BT 84.87 386.45 Td (invested ) Tj ET Q q 0 0 0 rg BT 121.25 386.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 150.13 386.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 170.50 386.45 Td (decreased ) Tj ET Q q 0 0 0 rg BT 215.39 386.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 225.76 386.45 Td (13.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.27 386.45 Td ( ) Tj ET Q q 0 0 0 rg BT 254.14 386.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.00 386.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.01 386.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 278.87 386.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.89 386.45 Td ( ) Tj ET Q q 0 0 0 rg BT 301.75 386.45 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.61 386.45 Td (14.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.13 386.45 Td ( ) Tj ET Q q 0 0 0 rg BT 350.99 386.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.86 386.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.86 386.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.72 386.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 395.75 386.45 Td (. ) Tj ET Q q 0 0 0 rg BT 400.92 386.45 Td (The ) Tj ET Q q 0 0 0 rg BT 419.29 386.45 Td (change ) Tj ET Q q 0 0 0 rg BT 451.68 386.45 Td (in ) Tj ET Q q 0 0 0 rg BT 461.54 386.45 Td (the ) Tj ET Q q 0 0 0 rg BT 476.92 386.45 Td (ROIC ) Tj ET Q q 0 0 0 rg BT 502.28 386.45 Td (was ) Tj ET Q q 0 0 0 rg BT 521.14 386.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 550.01 386.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 372.95 Td (result ) Tj ET Q q 0 0 0 rg BT 96.51 372.95 Td (of ) Tj ET Q q 0 0 0 rg BT 106.51 372.95 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 159.03 372.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 182.54 372.95 Td (incurred ) Tj ET Q q 0 0 0 rg BT 217.56 372.95 Td (over ) Tj ET Q q 0 0 0 rg BT 237.56 372.95 Td (the ) Tj ET Q q 0 0 0 rg BT 252.58 372.95 Td (last ) Tj ET Q q 0 0 0 rg BT 269.08 372.95 Td (three ) Tj ET Q q 0 0 0 rg BT 292.10 372.95 Td (quarters.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 353.45 Td (DSO ) Tj ET Q q 0 0 0 rg BT 93.72 353.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 134.96 353.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.68 353.45 Td (50) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 154.69 353.45 Td ( ) Tj ET Q q 0 0 0 rg BT 156.91 353.45 Td (days ) Tj ET Q q 0 0 0 rg BT 178.14 353.45 Td (at ) Tj ET Q q 0 0 0 rg BT 187.86 353.45 Td (the ) Tj ET Q q 0 0 0 rg BT 202.59 353.45 Td (end ) Tj ET Q q 0 0 0 rg BT 219.83 353.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 229.55 353.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 241.55 353.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.77 353.45 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 263.79 353.45 Td ( ) Tj ET Q q 0 0 0 rg BT 266.01 353.45 Td (when ) Tj ET Q q 0 0 0 rg BT 289.74 353.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 331.98 353.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.70 353.45 Td (45) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.72 353.45 Td ( ) Tj ET Q q 0 0 0 rg BT 353.93 353.45 Td (days ) Tj ET Q q 0 0 0 rg BT 375.16 353.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.38 353.45 Td (Q3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.39 353.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.61 353.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.63 353.45 Td (. ) Tj ET Q q 0 0 0 rg BT 423.35 353.45 Td (In ) Tj ET Q q 0 0 0 rg BT 433.07 353.45 Td (calculating ) Tj ET Q q 0 0 0 rg BT 477.81 353.45 Td (the ) Tj ET Q q 0 0 0 rg BT 492.54 353.45 Td (DSO, ) Tj ET Q q 0 0 0 rg BT 516.76 353.45 Td (we ) Tj ET Q q 0 0 0 rg BT 530.48 353.45 Td (subtract ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 339.95 Td (the ) Tj ET Q q 0 0 0 rg BT 87.16 339.95 Td (deferred ) Tj ET Q q 0 0 0 rg BT 123.34 339.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 158.52 339.95 Td (balance ) Tj ET Q q 0 0 0 rg BT 192.70 339.95 Td (from ) Tj ET Q q 0 0 0 rg BT 213.35 339.95 Td (trade ) Tj ET Q q 0 0 0 rg BT 236.52 339.95 Td (accounts ) Tj ET Q q 0 0 0 rg BT 275.19 339.95 Td (receivable ) Tj ET Q q 0 0 0 rg BT 318.87 339.95 Td (and ) Tj ET Q q 0 0 0 rg BT 336.54 339.95 Td (work ) Tj ET Q q 0 0 0 rg BT 358.19 339.95 Td (in ) Tj ET Q q 0 0 0 rg BT 367.85 339.95 Td (progress; ) Tj ET Q q 0 0 0 rg BT 408.02 339.95 Td (for ) Tj ET Q q 0 0 0 rg BT 421.18 339.95 Td (that ) Tj ET Q q 0 0 0 rg BT 438.84 339.95 Td (reason, ) Tj ET Q q 0 0 0 rg BT 471.51 339.95 Td (the ) Tj ET Q q 0 0 0 rg BT 486.68 339.95 Td (timing ) Tj ET Q q 0 0 0 rg BT 513.34 339.95 Td (of ) Tj ET Q q 0 0 0 rg BT 523.50 339.95 Td (payments ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 326.45 Td (received ) Tj ET Q q 0 0 0 rg BT 109.58 326.45 Td (from ) Tj ET Q q 0 0 0 rg BT 131.15 326.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 181.25 326.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 210.32 326.45 Td (in ) Tj ET Q q 0 0 0 rg BT 220.89 326.45 Td (advance ) Tj ET Q q 0 0 0 rg BT 258.49 326.45 Td (of ) Tj ET Q q 0 0 0 rg BT 269.56 326.45 Td (the ) Tj ET Q q 0 0 0 rg BT 285.64 326.45 Td (work ) Tj ET Q q 0 0 0 rg BT 308.21 326.45 Td (to ) Tj ET Q q 0 0 0 rg BT 319.28 326.45 Td (be ) Tj ET Q q 0 0 0 rg BT 332.86 326.45 Td (performed ) Tj ET Q q 0 0 0 rg BT 377.44 326.45 Td (and ) Tj ET Q q 0 0 0 rg BT 396.02 326.45 Td (the ) Tj ET Q q 0 0 0 rg BT 412.10 326.45 Td (timing ) Tj ET Q q 0 0 0 rg BT 439.67 326.45 Td (of ) Tj ET Q q 0 0 0 rg BT 450.75 326.45 Td (payments ) Tj ET Q q 0 0 0 rg BT 493.33 326.45 Td (related ) Tj ET Q q 0 0 0 rg BT 524.42 326.45 Td (to ) Tj ET Q q 0 0 0 rg BT 535.49 326.45 Td (project ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 312.95 Td (milestones ) Tj ET Q q 0 0 0 rg BT 117.52 312.95 Td (can ) Tj ET Q q 0 0 0 rg BT 134.53 312.95 Td (af) Tj ET Q q 0 0 0 rg BT 141.87 312.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 158.88 312.95 Td (the ) Tj ET Q q 0 0 0 rg BT 173.89 312.95 Td (DSO. ) Tj ET Q q 0 0 0 rg BT 198.23 312.95 Td (The ) Tj ET Q q 0 0 0 rg BT 216.24 312.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 257.26 312.95 Td (maintains ) Tj ET Q q 0 0 0 rg BT 298.28 312.95 Td (a ) Tj ET Q q 0 0 0 rg BT 305.78 312.95 Td (target ) Tj ET Q q 0 0 0 rg BT 331.30 312.95 Td (DSO ) Tj ET Q q 0 0 0 rg BT 353.30 312.95 Td (of ) Tj ET Q q 0 0 0 rg BT 363.31 312.95 Td (45 ) Tj ET Q q 0 0 0 rg BT 375.82 312.95 Td (days.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 281.45 Td (4.6. ) Tj ET Q q 0 0 0 rg BT 89.51 281.45 Td (OFF-BALANCE ) Tj ET Q q 0 0 0 rg BT 157.00 281.45 Td (SHEET ) Tj ET Q q 0 0 0 rg BT 189.51 281.45 Td (FINANCING ) Tj ET Q q 0 0 0 rg BT 241.67 281.45 Td (AND ) Tj ET Q q 0 0 0 rg BT 263.67 281.45 Td (GUARANTEES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 261.95 Td (In ) Tj ET Q q 0 0 0 rg BT 80.95 261.95 Td (the ) Tj ET Q q 0 0 0 rg BT 95.40 261.95 Td (normal ) Tj ET Q q 0 0 0 rg BT 124.85 261.95 Td (course ) Tj ET Q q 0 0 0 rg BT 153.81 261.95 Td (of ) Tj ET Q q 0 0 0 rg BT 163.26 261.95 Td (operations, ) Tj ET Q q 0 0 0 rg BT 209.73 261.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 227.67 261.95 Td (uses ) Tj ET Q q 0 0 0 rg BT 248.63 261.95 Td (of) Tj ET Q q 0 0 0 rg BT 255.97 261.95 Td (f-balance ) Tj ET Q q 0 0 0 rg BT 294.94 261.95 Td (sheet ) Tj ET Q q 0 0 0 rg BT 318.89 261.95 Td (financing ) Tj ET Q q 0 0 0 rg BT 356.86 261.95 Td (for ) Tj ET Q q 0 0 0 rg BT 369.31 261.95 Td (a ) Tj ET Q q 0 0 0 rg BT 376.26 261.95 Td (variety ) Tj ET Q q 0 0 0 rg BT 404.71 261.95 Td (of ) Tj ET Q q 0 0 0 rg BT 414.15 261.95 Td (transactions ) Tj ET Q q 0 0 0 rg BT 464.62 261.95 Td (such ) Tj ET Q q 0 0 0 rg BT 485.57 261.95 Td (as ) Tj ET Q q 0 0 0 rg BT 497.02 261.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 536.49 261.95 Td (leases ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 248.45 Td (for ) Tj ET Q q 0 0 0 rg BT 84.29 248.45 Td (of) Tj ET Q q 0 0 0 rg BT 91.63 248.45 Td (fice ) Tj ET Q q 0 0 0 rg BT 107.92 248.45 Td (space, ) Tj ET Q q 0 0 0 rg BT 136.73 248.45 Td (computer ) Tj ET Q q 0 0 0 rg BT 176.53 248.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 220.85 248.45 Td (and ) Tj ET Q q 0 0 0 rg BT 238.15 248.45 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 272.95 248.45 Td (as ) Tj ET Q q 0 0 0 rg BT 284.74 248.45 Td (well ) Tj ET Q q 0 0 0 rg BT 302.53 248.45 Td (as ) Tj ET Q q 0 0 0 rg BT 314.33 248.45 Td (accounts ) Tj ET Q q 0 0 0 rg BT 352.63 248.45 Td (receivable ) Tj ET Q q 0 0 0 rg BT 395.94 248.45 Td (factoring. ) Tj ET Q q 0 0 0 rg BT 435.25 248.45 Td (From ) Tj ET Q q 0 0 0 rg BT 458.53 248.45 Td (time ) Tj ET Q q 0 0 0 rg BT 477.82 248.45 Td (to ) Tj ET Q q 0 0 0 rg BT 487.62 248.45 Td (time, ) Tj ET Q q 0 0 0 rg BT 509.40 248.45 Td (we ) Tj ET Q q 0 0 0 rg BT 523.20 248.45 Td (also ) Tj ET Q q 0 0 0 rg BT 541.99 248.45 Td (enter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 234.95 Td (into ) Tj ET Q q 0 0 0 rg BT 88.73 234.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 138.98 234.95 Td (to ) Tj ET Q q 0 0 0 rg BT 149.21 234.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 181.45 234.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 217.19 234.95 Td (or ) Tj ET Q q 0 0 0 rg BT 227.91 234.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 281.16 234.95 Td (assurances ) Tj ET Q q 0 0 0 rg BT 329.91 234.95 Td (to ) Tj ET Q q 0 0 0 rg BT 340.13 234.95 Td (third ) Tj ET Q q 0 0 0 rg BT 360.36 234.95 Td (parties ) Tj ET Q q 0 0 0 rg BT 390.10 234.95 Td (on ) Tj ET Q q 0 0 0 rg BT 402.83 234.95 Td (the ) Tj ET Q q 0 0 0 rg BT 418.06 234.95 Td (sale ) Tj ET Q q 0 0 0 rg BT 437.29 234.95 Td (of ) Tj ET Q q 0 0 0 rg BT 447.52 234.95 Td (assets, ) Tj ET Q q 0 0 0 rg BT 478.76 234.95 Td (business ) Tj ET Q q 0 0 0 rg BT 517.00 234.95 Td (divestitures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 221.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.02 221.45 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 136.55 221.45 Td (on ) Tj ET Q q 0 0 0 rg BT 149.06 221.45 Td (government ) Tj ET Q q 0 0 0 rg BT 199.09 221.45 Td (and ) Tj ET Q q 0 0 0 rg BT 216.61 221.45 Td (commercial ) Tj ET Q q 0 0 0 rg BT 265.11 221.45 Td (contracts.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 201.95 Td (In ) Tj ET Q q 0 0 0 rg BT 81.55 201.95 Td (connection ) Tj ET Q q 0 0 0 rg BT 127.62 201.95 Td (with ) Tj ET Q q 0 0 0 rg BT 146.16 201.95 Td (sales ) Tj ET Q q 0 0 0 rg BT 169.71 201.95 Td (of ) Tj ET Q q 0 0 0 rg BT 179.76 201.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 208.31 201.95 Td (and ) Tj ET Q q 0 0 0 rg BT 225.86 201.95 Td (business ) Tj ET Q q 0 0 0 rg BT 263.92 201.95 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 314.48 201.95 Td (we ) Tj ET Q q 0 0 0 rg BT 328.53 201.95 Td (may ) Tj ET Q q 0 0 0 rg BT 348.07 201.95 Td (be ) Tj ET Q q 0 0 0 rg BT 360.62 201.95 Td (required ) Tj ET Q q 0 0 0 rg BT 396.18 201.95 Td (to ) Tj ET Q q 0 0 0 rg BT 406.22 201.95 Td (pay ) Tj ET Q q 0 0 0 rg BT 423.27 201.95 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 482.85 201.95 Td (for ) Tj ET Q q 0 0 0 rg BT 495.89 201.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 519.43 201.95 Td (and ) Tj ET Q q 0 0 0 rg BT 536.99 201.95 Td (losses ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 188.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 107.60 188.45 Td (as ) Tj ET Q q 0 0 0 rg BT 120.69 188.45 Td (a ) Tj ET Q q 0 0 0 rg BT 129.28 188.45 Td (result ) Tj ET Q q 0 0 0 rg BT 154.87 188.45 Td (of ) Tj ET Q q 0 0 0 rg BT 165.96 188.45 Td (breaches ) Tj ET Q q 0 0 0 rg BT 206.56 188.45 Td (in ) Tj ET Q q 0 0 0 rg BT 217.15 188.45 Td (our ) Tj ET Q q 0 0 0 rg BT 233.74 188.45 Td (contractual ) Tj ET Q q 0 0 0 rg BT 281.35 188.45 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 330.47 188.45 Td (representations ) Tj ET Q q 0 0 0 rg BT 396.09 188.45 Td (and ) Tj ET Q q 0 0 0 rg BT 414.69 188.45 Td (warranties, ) Tj ET Q q 0 0 0 rg BT 462.29 188.45 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 508.40 188.45 Td (property ) Tj ET Q q 0 0 0 rg BT 545.00 188.45 Td (right ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 174.95 Td (infringement ) Tj ET Q q 0 0 0 rg BT 123.14 174.95 Td (and ) Tj ET Q q 0 0 0 rg BT 140.28 174.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 175.41 174.95 Td (against ) Tj ET Q q 0 0 0 rg BT 206.55 174.95 Td (counterparties, ) Tj ET Q q 0 0 0 rg BT 268.20 174.95 Td (among ) Tj ET Q q 0 0 0 rg BT 297.84 174.95 Td (others. ) Tj ET Q q 0 0 0 rg BT 327.47 174.95 Td (While ) Tj ET Q q 0 0 0 rg BT 352.09 174.95 Td (some ) Tj ET Q q 0 0 0 rg BT 376.22 174.95 Td (of ) Tj ET Q q 0 0 0 rg BT 385.84 174.95 Td (the ) Tj ET Q q 0 0 0 rg BT 400.47 174.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 450.11 174.95 Td (specify ) Tj ET Q q 0 0 0 rg BT 480.24 174.95 Td (a ) Tj ET Q q 0 0 0 rg BT 487.36 174.95 Td (maximum ) Tj ET Q q 0 0 0 rg BT 528.48 174.95 Td (potential ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 161.45 Td (exposure ) Tj ET Q q 0 0 0 rg BT 111.94 161.45 Td (of ) Tj ET Q q 0 0 0 rg BT 122.87 161.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 182.31 161.45 Td ($1) Tj ET Q q 0 0 0 rg BT 191.65 161.45 Td (1.6 ) Tj ET Q q 0 0 0 rg BT 207.58 161.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 239.01 161.45 Td (others ) Tj ET Q q 0 0 0 rg BT 267.44 161.45 Td (do ) Tj ET Q q 0 0 0 rg BT 280.87 161.45 Td (not ) Tj ET Q q 0 0 0 rg BT 296.80 161.45 Td (specify ) Tj ET Q q 0 0 0 rg BT 328.23 161.45 Td (a ) Tj ET Q q 0 0 0 rg BT 336.65 161.45 Td (maximum ) Tj ET Q q 0 0 0 rg BT 379.07 161.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 412.51 161.45 Td (or ) Tj ET Q q 0 0 0 rg BT 423.93 161.45 Td (limited ) Tj ET Q q 0 0 0 rg BT 453.36 161.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 484.29 161.45 Td (It ) Tj ET Q q 0 0 0 rg BT 492.71 161.45 Td (is ) Tj ET Q q 0 0 0 rg BT 502.63 161.45 Td (not ) Tj ET Q q 0 0 0 rg BT 518.56 161.45 Td (possible ) Tj ET Q q 0 0 0 rg BT 555.00 161.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 147.95 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 118.49 147.95 Td (estimate ) Tj ET Q q 0 0 0 rg BT 155.47 147.95 Td (the ) Tj ET Q q 0 0 0 rg BT 170.95 147.95 Td (maximum ) Tj ET Q q 0 0 0 rg BT 212.92 147.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 245.90 147.95 Td (that ) Tj ET Q q 0 0 0 rg BT 263.88 147.95 Td (may ) Tj ET Q q 0 0 0 rg BT 283.85 147.95 Td (have ) Tj ET Q q 0 0 0 rg BT 306.33 147.95 Td (to ) Tj ET Q q 0 0 0 rg BT 316.80 147.95 Td (be ) Tj ET Q q 0 0 0 rg BT 329.78 147.95 Td (paid ) Tj ET Q q 0 0 0 rg BT 349.76 147.95 Td (under ) Tj ET Q q 0 0 0 rg BT 375.75 147.95 Td (such ) Tj ET Q q 0 0 0 rg BT 397.72 147.95 Td (guarantees. ) Tj ET Q q 0 0 0 rg BT 448.03 147.95 Td (The ) Tj ET Q q 0 0 0 rg BT 466.50 147.95 Td (amounts ) Tj ET Q q 0 0 0 rg BT 503.99 147.95 Td (are ) Tj ET Q q 0 0 0 rg BT 519.96 147.95 Td (dependent ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 134.45 Td (upon ) Tj ET Q q 0 0 0 rg BT 94.86 134.45 Td (the ) Tj ET Q q 0 0 0 rg BT 110.71 134.45 Td (outcome ) Tj ET Q q 0 0 0 rg BT 148.57 134.45 Td (of ) Tj ET Q q 0 0 0 rg BT 159.41 134.45 Td (future ) Tj ET Q q 0 0 0 rg BT 185.76 134.45 Td (contingent ) Tj ET Q q 0 0 0 rg BT 230.63 134.45 Td (events, ) Tj ET Q q 0 0 0 rg BT 262.99 134.45 Td (the ) Tj ET Q q 0 0 0 rg BT 278.84 134.45 Td (nature ) Tj ET Q q 0 0 0 rg BT 307.69 134.45 Td (and ) Tj ET Q q 0 0 0 rg BT 326.05 134.45 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 366.91 134.45 Td (of ) Tj ET Q q 0 0 0 rg BT 377.75 134.45 Td (which ) Tj ET Q q 0 0 0 rg BT 404.10 134.45 Td (cannot ) Tj ET Q q 0 0 0 rg BT 434.46 134.45 Td (be ) Tj ET Q q 0 0 0 rg BT 447.81 134.45 Td (determined ) Tj ET Q q 0 0 0 rg BT 496.17 134.45 Td (at ) Tj ET Q q 0 0 0 rg BT 507.02 134.45 Td (this ) Tj ET Q q 0 0 0 rg BT 524.36 134.45 Td (time. ) Tj ET Q q 0 0 0 rg BT 546.98 134.45 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 120.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 112.84 120.95 Td (does ) Tj ET Q q 0 0 0 rg BT 135.17 120.95 Td (not ) Tj ET Q q 0 0 0 rg BT 150.50 120.95 Td (expect ) Tj ET Q q 0 0 0 rg BT 179.83 120.95 Td (to ) Tj ET Q q 0 0 0 rg BT 190.16 120.95 Td (incur ) Tj ET Q q 0 0 0 rg BT 212.48 120.95 Td (any ) Tj ET Q q 0 0 0 rg BT 229.81 120.95 Td (potential ) Tj ET Q q 0 0 0 rg BT 266.66 120.95 Td (payment ) Tj ET Q q 0 0 0 rg BT 303.99 120.95 Td (in ) Tj ET Q q 0 0 0 rg BT 313.82 120.95 Td (connection ) Tj ET Q q 0 0 0 rg BT 360.17 120.95 Td (with ) Tj ET Q q 0 0 0 rg BT 378.99 120.95 Td (these ) Tj ET Q q 0 0 0 rg BT 403.82 120.95 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 451.68 120.95 Td (that ) Tj ET Q q 0 0 0 rg BT 469.51 120.95 Td (could ) Tj ET Q q 0 0 0 rg BT 493.84 120.95 Td (have ) Tj ET Q q 0 0 0 rg BT 516.17 120.95 Td (a ) Tj ET Q q 0 0 0 rg BT 524.00 120.95 Td (materially ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 107.45 Td (adverse ) Tj ET Q q 0 0 0 rg BT 106.02 107.45 Td (ef) Tj ET Q q 0 0 0 rg BT 113.36 107.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 130.37 107.45 Td (on ) Tj ET Q q 0 0 0 rg BT 142.88 107.45 Td (its ) Tj ET Q q 0 0 0 rg BT 154.38 107.45 Td (interim ) Tj ET Q q 0 0 0 rg BT 183.89 107.45 Td (condensed ) Tj ET Q q 0 0 0 rg BT 230.42 107.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 283.46 107.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 318.98 107.45 Td (statements.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 87.95 Td (In ) Tj ET Q q 0 0 0 rg BT 81.29 87.95 Td (the ) Tj ET Q q 0 0 0 rg BT 96.08 87.95 Td (normal ) Tj ET Q q 0 0 0 rg BT 125.87 87.95 Td (course ) Tj ET Q q 0 0 0 rg BT 155.16 87.95 Td (of ) Tj ET Q q 0 0 0 rg BT 164.95 87.95 Td (business, ) Tj ET Q q 0 0 0 rg BT 205.25 87.95 Td (we ) Tj ET Q q 0 0 0 rg BT 219.04 87.95 Td (may ) Tj ET Q q 0 0 0 rg BT 238.32 87.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 270.12 87.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 299.41 87.95 Td (clients, ) Tj ET Q q 0 0 0 rg BT 329.71 87.95 Td (principally ) Tj ET Q q 0 0 0 rg BT 372.00 87.95 Td (governmental ) Tj ET Q q 0 0 0 rg BT 428.81 87.95 Td (entities, ) Tj ET Q q 0 0 0 rg BT 462.11 87.95 Td (with ) Tj ET Q q 0 0 0 rg BT 480.40 87.95 Td (bid ) Tj ET Q q 0 0 0 rg BT 494.69 87.95 Td (and ) Tj ET Q q 0 0 0 rg BT 511.99 87.95 Td (performance ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 74.45 Td (bonds. ) Tj ET Q q 0 0 0 rg BT 101.39 74.45 Td (In ) Tj ET Q q 0 0 0 rg BT 111.76 74.45 Td (general, ) Tj ET Q q 0 0 0 rg BT 147.14 74.45 Td (we ) Tj ET Q q 0 0 0 rg BT 161.51 74.45 Td (would ) Tj ET Q q 0 0 0 rg BT 187.89 74.45 Td (only ) Tj ET Q q 0 0 0 rg BT 207.27 74.45 Td (be ) Tj ET Q q 0 0 0 rg BT 220.14 74.45 Td (liable ) Tj ET Q q 0 0 0 rg BT 244.02 74.45 Td (for ) Tj ET Q q 0 0 0 rg BT 257.39 74.45 Td (the ) Tj ET Q q 0 0 0 rg BT 272.76 74.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 305.65 74.45 Td (of ) Tj ET Q q 0 0 0 rg BT 316.02 74.45 Td (the ) Tj ET Q q 0 0 0 rg BT 331.39 74.45 Td (bid ) Tj ET Q q 0 0 0 rg BT 346.27 74.45 Td (bonds ) Tj ET Q q 0 0 0 rg BT 373.65 74.45 Td (if ) Tj ET Q q 0 0 0 rg BT 381.02 74.45 Td (we ) Tj ET Q q 0 0 0 rg BT 395.39 74.45 Td (refuse ) Tj ET Q q 0 0 0 rg BT 423.26 74.45 Td (to ) Tj ET Q q 0 0 0 rg BT 433.63 74.45 Td (perform ) Tj ET Q q 0 0 0 rg BT 467.51 74.45 Td (the ) Tj ET Q q 0 0 0 rg BT 482.88 74.45 Td (project ) Tj ET Q q 0 0 0 rg BT 512.76 74.45 Td (once ) Tj ET Q q 0 0 0 rg BT 535.14 74.45 Td (we ) Tj ET Q q 0 0 0 rg BT 549.51 74.45 Td (are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 60.95 Td (awarded ) Tj ET Q q 0 0 0 rg BT 109.45 60.95 Td (the ) Tj ET Q q 0 0 0 rg BT 125.39 60.95 Td (bid. ) Tj ET Q q 0 0 0 rg BT 143.33 60.95 Td (W) Tj ET Q q 0 0 0 rg BT 151.66 60.95 Td (e ) Tj ET Q q 0 0 0 rg BT 160.09 60.95 Td (would ) Tj ET Q q 0 0 0 rg BT 187.03 60.95 Td (also ) Tj ET Q q 0 0 0 rg BT 206.97 60.95 Td (be ) Tj ET Q q 0 0 0 rg BT 220.41 60.95 Td (liable ) Tj ET Q q 0 0 0 rg BT 244.85 60.95 Td (for ) Tj ET Q q 0 0 0 rg BT 258.78 60.95 Td (the ) Tj ET Q q 0 0 0 rg BT 274.72 60.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 328.67 60.95 Td (bonds ) Tj ET Q q 0 0 0 rg BT 356.62 60.95 Td (in ) Tj ET Q q 0 0 0 rg BT 367.05 60.95 Td (the ) Tj ET Q q 0 0 0 rg BT 382.99 60.95 Td (event ) Tj ET Q q 0 0 0 rg BT 408.43 60.95 Td (of ) Tj ET Q q 0 0 0 rg BT 419.37 60.95 Td (a ) Tj ET Q q 0 0 0 rg BT 427.80 60.95 Td (default ) Tj ET Q q 0 0 0 rg BT 458.25 60.95 Td (in ) Tj ET Q q 0 0 0 rg BT 468.68 60.95 Td (the ) Tj ET Q q 0 0 0 rg BT 484.62 60.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 538.57 60.95 Td (of ) Tj ET Q q 0 0 0 rg BT 549.50 60.95 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 47.45 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 118.84 47.45 Td (As ) Tj ET Q q 0 0 0 rg BT 131.59 47.45 Td (at ) Tj ET Q q 0 0 0 rg BT 141.35 47.45 Td (June ) Tj ET Q q 0 0 0 rg BT 163.12 47.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 177.88 47.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 202.66 47.45 Td (we ) Tj ET Q q 0 0 0 rg BT 216.41 47.45 Td (had ) Tj ET Q q 0 0 0 rg BT 233.68 47.45 Td (committed ) Tj ET Q q 0 0 0 rg BT 277.45 47.45 Td (a ) Tj ET Q q 0 0 0 rg BT 284.70 47.45 Td (total ) Tj ET Q q 0 0 0 rg BT 303.97 47.45 Td (of ) Tj ET Q q 0 0 0 rg BT 313.73 47.45 Td ($20.3 ) Tj ET Q q 0 0 0 rg BT 338.50 47.45 Td (million ) Tj ET Q q 0 0 0 rg BT 366.26 47.45 Td (for ) Tj ET Q q 0 0 0 rg BT 379.01 47.45 Td (these ) Tj ET Q q 0 0 0 rg BT 403.28 47.45 Td (bonds. ) Tj ET Q q 0 0 0 rg BT 432.41 47.45 Td (T) Tj ET Q q 0 0 0 rg BT 436.91 47.45 Td (o ) Tj ET Q q 0 0 0 rg BT 444.17 47.45 Td (the ) Tj ET Q q 0 0 0 rg BT 458.93 47.45 Td (best ) Tj ET Q q 0 0 0 rg BT 478.20 47.45 Td (of ) Tj ET Q q 0 0 0 rg BT 487.95 47.45 Td (our ) Tj ET Q q 0 0 0 rg BT 503.21 47.45 Td (knowledge, ) Tj ET Q q 0 0 0 rg BT 551.00 47.45 Td (we ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (31) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 708.95 Td (complied ) Tj ET Q q 0 0 0 rg BT 110.42 708.95 Td (with ) Tj ET Q q 0 0 0 rg BT 129.33 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 145.24 708.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 198.67 708.95 Td (obligations ) Tj ET Q q 0 0 0 rg BT 244.60 708.95 Td (under ) Tj ET Q q 0 0 0 rg BT 270.52 708.95 Td (all ) Tj ET Q q 0 0 0 rg BT 282.43 708.95 Td (service ) Tj ET Q q 0 0 0 rg BT 313.84 708.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 353.26 708.95 Td (for ) Tj ET Q q 0 0 0 rg BT 366.67 708.95 Td (which ) Tj ET Q q 0 0 0 rg BT 392.58 708.95 Td (there ) Tj ET Q q 0 0 0 rg BT 416.00 708.95 Td (was ) Tj ET Q q 0 0 0 rg BT 434.90 708.95 Td (a ) Tj ET Q q 0 0 0 rg BT 442.81 708.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 496.24 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 507.15 708.95 Td (bid ) Tj ET Q q 0 0 0 rg BT 522.06 708.95 Td (bond, ) Tj ET Q q 0 0 0 rg BT 547.48 708.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 87.26 695.45 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 122.02 695.45 Td (liability) Tj ET Q q 0 0 0 rg BT 148.36 695.45 Td (, ) Tj ET Q q 0 0 0 rg BT 154.11 695.45 Td (if ) Tj ET Q q 0 0 0 rg BT 161.86 695.45 Td (any) Tj ET Q q 0 0 0 rg BT 175.70 695.45 Td (, ) Tj ET Q q 0 0 0 rg BT 181.45 695.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 217.22 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 227.47 695.45 Td (connection ) Tj ET Q q 0 0 0 rg BT 274.25 695.45 Td (with ) Tj ET Q q 0 0 0 rg BT 293.51 695.45 Td (these ) Tj ET Q q 0 0 0 rg BT 318.77 695.45 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 367.06 695.45 Td (would ) Tj ET Q q 0 0 0 rg BT 393.82 695.45 Td (not ) Tj ET Q q 0 0 0 rg BT 409.58 695.45 Td (have ) Tj ET Q q 0 0 0 rg BT 432.35 695.45 Td (a ) Tj ET Q q 0 0 0 rg BT 440.60 695.45 Td (material ) Tj ET Q q 0 0 0 rg BT 475.86 695.45 Td (adverse ) Tj ET Q q 0 0 0 rg BT 511.13 695.45 Td (ef) Tj ET Q q 0 0 0 rg BT 518.47 695.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 536.23 695.45 Td (on ) Tj ET Q q 0 0 0 rg BT 549.49 695.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 681.95 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 124.54 681.95 Td (results ) Tj ET Q q 0 0 0 rg BT 153.55 681.95 Td (of ) Tj ET Q q 0 0 0 rg BT 163.55 681.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 208.08 681.95 Td (or ) Tj ET Q q 0 0 0 rg BT 218.58 681.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 254.11 681.95 Td (condition.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 650.45 Td (4.7. ) Tj ET Q q 0 0 0 rg BT 89.51 650.45 Td (CAP) Tj ET Q q 0 0 0 rg BT 107.85 650.45 Td (ABILITY) Tj ET Q q 0 0 0 rg BT 142.68 650.45 Td ( ) Tj ET Q q 0 0 0 rg BT 145.18 650.45 Td (T) Tj ET Q q 0 0 0 rg BT 150.52 650.45 Td (O ) Tj ET Q q 0 0 0 rg BT 160.02 650.45 Td (DELIVER ) Tj ET Q q 0 0 0 rg BT 201.52 650.45 Td (RESUL) Tj ET Q q 0 0 0 rg BT 231.36 650.45 Td (TS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 630.95 Td (Suf) Tj ET Q q 0 0 0 rg BT 85.35 630.95 Td (ficient ) Tj ET Q q 0 0 0 rg BT 111.85 630.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 140.86 630.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 183.37 630.95 Td (and ) Tj ET Q q 0 0 0 rg BT 201.38 630.95 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 234.38 630.95 Td (are ) Tj ET Q q 0 0 0 rg BT 250.38 630.95 Td (required ) Tj ET Q q 0 0 0 rg BT 286.40 630.95 Td (for ) Tj ET Q q 0 0 0 rg BT 299.89 630.95 Td (supporting ) Tj ET Q q 0 0 0 rg BT 344.91 630.95 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 379.94 630.95 Td (business ) Tj ET Q q 0 0 0 rg BT 418.45 630.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 463.47 630.95 Td (and ) Tj ET Q q 0 0 0 rg BT 481.48 630.95 Td (to ) Tj ET Q q 0 0 0 rg BT 491.98 630.95 Td (execute ) Tj ET Q q 0 0 0 rg BT 526.50 630.95 Td (our ) Tj ET Q q 0 0 0 rg BT 542.50 630.95 Td (Build ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 617.45 Td (and ) Tj ET Q q 0 0 0 rg BT 90.03 617.45 Td (Buy ) Tj ET Q q 0 0 0 rg BT 108.56 617.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 138.59 617.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 169.94 617.45 Td (. ) Tj ET Q q 0 0 0 rg BT 175.26 617.45 Td (The ) Tj ET Q q 0 0 0 rg BT 193.79 617.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 235.32 617.45 Td (has ) Tj ET Q q 0 0 0 rg BT 252.85 617.45 Td (suf) Tj ET Q q 0 0 0 rg BT 264.69 617.45 Td (ficient ) Tj ET Q q 0 0 0 rg BT 291.22 617.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 320.26 617.45 Td (resources ) Tj ET Q q 0 0 0 rg BT 362.79 617.45 Td (coming ) Tj ET Q q 0 0 0 rg BT 394.82 617.45 Td (from ) Tj ET Q q 0 0 0 rg BT 415.84 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 431.37 617.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 453.40 617.45 Td (generated ) Tj ET Q q 0 0 0 rg BT 496.95 617.45 Td (from ) Tj ET Q q 0 0 0 rg BT 517.97 617.45 Td (operations, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 603.95 Td (credit ) Tj ET Q q 0 0 0 rg BT 95.70 603.95 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 131.90 603.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 171.61 603.95 Td (debt ) Tj ET Q q 0 0 0 rg BT 190.82 603.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 240.04 603.95 Td (and ) Tj ET Q q 0 0 0 rg BT 256.74 603.95 Td (invested ) Tj ET Q q 0 0 0 rg BT 291.96 603.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 319.67 603.95 Td (from ) Tj ET Q q 0 0 0 rg BT 339.36 603.95 Td (shareholders. ) Tj ET Q q 0 0 0 rg BT 395.58 603.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 412.28 603.95 Td (principal ) Tj ET Q q 0 0 0 rg BT 447.49 603.95 Td (uses ) Tj ET Q q 0 0 0 rg BT 468.19 603.95 Td (of ) Tj ET Q q 0 0 0 rg BT 477.39 603.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 498.09 603.95 Td (are ) Tj ET Q q 0 0 0 rg BT 512.79 603.95 Td (for ) Tj ET Q q 0 0 0 rg BT 524.99 603.95 Td (procuring ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 590.45 Td (new ) Tj ET Q q 0 0 0 rg BT 90.92 590.45 Td (large ) Tj ET Q q 0 0 0 rg BT 113.34 590.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 162.28 590.45 Td (and ) Tj ET Q q 0 0 0 rg BT 179.71 590.45 Td (managed ) Tj ET Q q 0 0 0 rg BT 219.65 590.45 Td (services ) Tj ET Q q 0 0 0 rg BT 255.07 590.45 Td (contracts; ) Tj ET Q q 0 0 0 rg BT 296.49 590.45 Td (investing ) Tj ET Q q 0 0 0 rg BT 334.42 590.45 Td (in ) Tj ET Q q 0 0 0 rg BT 343.84 590.45 Td (our ) Tj ET Q q 0 0 0 rg BT 359.25 590.45 Td (business ) Tj ET Q q 0 0 0 rg BT 397.19 590.45 Td (solutions; ) Tj ET Q q 0 0 0 rg BT 437.62 590.45 Td (pursuing ) Tj ET Q q 0 0 0 rg BT 474.55 590.45 Td (accretive ) Tj ET Q q 0 0 0 rg BT 512.97 590.45 Td (acquisitions; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 576.95 Td (purchasing ) Tj ET Q q 0 0 0 rg BT 118.70 576.95 Td (for ) Tj ET Q q 0 0 0 rg BT 131.87 576.95 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 182.08 576.95 Td (Class ) Tj ET Q q 0 0 0 rg BT 206.72 576.95 Td (A) Tj ET Q q 0 0 0 rg BT 212.23 576.95 Td ( ) Tj ET Q q 0 0 0 rg BT 214.90 576.95 Td (Shares ) Tj ET Q q 0 0 0 rg BT 246.09 576.95 Td (and ) Tj ET Q q 0 0 0 rg BT 263.78 576.95 Td (paying ) Tj ET Q q 0 0 0 rg BT 292.97 576.95 Td (down ) Tj ET Q q 0 0 0 rg BT 317.15 576.95 Td (debt. ) Tj ET Q q 0 0 0 rg BT 339.84 576.95 Td (In ) Tj ET Q q 0 0 0 rg BT 350.02 576.95 Td (terms ) Tj ET Q q 0 0 0 rg BT 375.19 576.95 Td (of ) Tj ET Q q 0 0 0 rg BT 385.37 576.95 Td (financing, ) Tj ET Q q 0 0 0 rg BT 426.57 576.95 Td (we ) Tj ET Q q 0 0 0 rg BT 440.74 576.95 Td (are ) Tj ET Q q 0 0 0 rg BT 456.42 576.95 Td (well ) Tj ET Q q 0 0 0 rg BT 474.60 576.95 Td (positioned ) Tj ET Q q 0 0 0 rg BT 518.30 576.95 Td (to ) Tj ET Q q 0 0 0 rg BT 528.48 576.95 Td (continue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 563.45 Td (executing ) Tj ET Q q 0 0 0 rg BT 113.03 563.45 Td (our ) Tj ET Q q 0 0 0 rg BT 128.54 563.45 Td (four-pillar ) Tj ET Q q 0 0 0 rg BT 168.55 563.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 198.06 563.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 232.58 563.45 Td (in ) Tj ET Q q 0 0 0 rg BT 242.08 563.45 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 268.08 563.45 Td (2018.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 543.95 Td (Strong ) Tj ET Q q 0 0 0 rg BT 100.12 543.95 Td (and ) Tj ET Q q 0 0 0 rg BT 116.75 543.95 Td (experienced ) Tj ET Q q 0 0 0 rg BT 167.39 543.95 Td (leadership ) Tj ET Q q 0 0 0 rg BT 210.52 543.95 Td (is ) Tj ET Q q 0 0 0 rg BT 218.63 543.95 Td (essential ) Tj ET Q q 0 0 0 rg BT 255.76 543.95 Td (to ) Tj ET Q q 0 0 0 rg BT 264.87 543.95 Td (successfully ) Tj ET Q q 0 0 0 rg BT 314.99 543.95 Td (implement ) Tj ET Q q 0 0 0 rg BT 358.11 543.95 Td (the ) Tj ET Q q 0 0 0 rg BT 372.23 543.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 418.58 543.95 Td (strategy) Tj ET Q q 0 0 0 rg BT 449.92 543.95 Td (. ) Tj ET Q q 0 0 0 rg BT 454.03 543.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 471.64 543.95 Td (has ) Tj ET Q q 0 0 0 rg BT 487.75 543.95 Td (a ) Tj ET Q q 0 0 0 rg BT 494.37 543.95 Td (strong ) Tj ET Q q 0 0 0 rg BT 520.99 543.95 Td (leadership ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 530.45 Td (team ) Tj ET Q q 0 0 0 rg BT 94.40 530.45 Td (with ) Tj ET Q q 0 0 0 rg BT 112.79 530.45 Td (members ) Tj ET Q q 0 0 0 rg BT 152.69 530.45 Td (who ) Tj ET Q q 0 0 0 rg BT 171.59 530.45 Td (are ) Tj ET Q q 0 0 0 rg BT 186.98 530.45 Td (highly ) Tj ET Q q 0 0 0 rg BT 212.89 530.45 Td (knowledgeable ) Tj ET Q q 0 0 0 rg BT 275.32 530.45 Td (and ) Tj ET Q q 0 0 0 rg BT 292.73 530.45 Td (have ) Tj ET Q q 0 0 0 rg BT 314.64 530.45 Td (gained ) Tj ET Q q 0 0 0 rg BT 344.05 530.45 Td (a ) Tj ET Q q 0 0 0 rg BT 351.45 530.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 393.86 530.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 426.26 530.45 Td (of ) Tj ET Q q 0 0 0 rg BT 436.16 530.45 Td (experience ) Tj ET Q q 0 0 0 rg BT 482.58 530.45 Td (in ) Tj ET Q q 0 0 0 rg BT 491.97 530.45 Td (the ) Tj ET Q q 0 0 0 rg BT 506.87 530.45 Td (IT) Tj ET Q q 0 0 0 rg BT 514.71 530.45 Td ( ) Tj ET Q q 0 0 0 rg BT 517.10 530.45 Td (industry ) Tj ET Q q 0 0 0 rg BT 551.00 530.45 Td (via ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 516.95 Td (various ) Tj ET Q q 0 0 0 rg BT 103.03 516.95 Td (career ) Tj ET Q q 0 0 0 rg BT 130.55 516.95 Td (paths ) Tj ET Q q 0 0 0 rg BT 154.58 516.95 Td (and ) Tj ET Q q 0 0 0 rg BT 171.61 516.95 Td (leadership ) Tj ET Q q 0 0 0 rg BT 215.15 516.95 Td (roles. ) Tj ET Q q 0 0 0 rg BT 239.17 516.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 257.18 516.95 Td (fosters ) Tj ET Q q 0 0 0 rg BT 286.21 516.95 Td (leadership ) Tj ET Q q 0 0 0 rg BT 329.75 516.95 Td (development ) Tj ET Q q 0 0 0 rg BT 383.30 516.95 Td (to ) Tj ET Q q 0 0 0 rg BT 392.81 516.95 Td (ensure ) Tj ET Q q 0 0 0 rg BT 422.35 516.95 Td (a ) Tj ET Q q 0 0 0 rg BT 429.37 516.95 Td (continuous ) Tj ET Q q 0 0 0 rg BT 474.91 516.95 Td (flow ) Tj ET Q q 0 0 0 rg BT 492.93 516.95 Td (of ) Tj ET Q q 0 0 0 rg BT 502.45 516.95 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 547.49 516.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 503.45 Td (strength ) Tj ET Q q 0 0 0 rg BT 107.30 503.45 Td (is ) Tj ET Q q 0 0 0 rg BT 116.58 503.45 Td (maintained ) Tj ET Q q 0 0 0 rg BT 163.39 503.45 Td (throughout ) Tj ET Q q 0 0 0 rg BT 209.20 503.45 Td (the ) Tj ET Q q 0 0 0 rg BT 224.50 503.45 Td (organization. ) Tj ET Q q 0 0 0 rg BT 278.26 503.45 Td (As ) Tj ET Q q 0 0 0 rg BT 291.54 503.45 Td (part ) Tj ET Q q 0 0 0 rg BT 309.83 503.45 Td (of ) Tj ET Q q 0 0 0 rg BT 320.12 503.45 Td (our ) Tj ET Q q 0 0 0 rg BT 335.90 503.45 Td (succession ) Tj ET Q q 0 0 0 rg BT 383.21 503.45 Td (planning ) Tj ET Q q 0 0 0 rg BT 420.02 503.45 Td (in ) Tj ET Q q 0 0 0 rg BT 429.80 503.45 Td (key ) Tj ET Q q 0 0 0 rg BT 446.59 503.45 Td (positions, ) Tj ET Q q 0 0 0 rg BT 487.39 503.45 Td (we ) Tj ET Q q 0 0 0 rg BT 501.68 503.45 Td (established ) Tj ET Q q 0 0 0 rg BT 549.99 503.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 489.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 90.50 489.95 Td (Leadership ) Tj ET Q q 0 0 0 rg BT 137.54 489.95 Td (Institute ) Tj ET Q q 0 0 0 rg BT 171.55 489.95 Td (to ) Tj ET Q q 0 0 0 rg BT 181.56 489.95 Td (develop ) Tj ET Q q 0 0 0 rg BT 215.59 489.95 Td (leadership, ) Tj ET Q q 0 0 0 rg BT 262.12 489.95 Td (technical ) Tj ET Q q 0 0 0 rg BT 300.14 489.95 Td (and ) Tj ET Q q 0 0 0 rg BT 317.65 489.95 Td (managerial ) Tj ET Q q 0 0 0 rg BT 364.68 489.95 Td (skills ) Tj ET Q q 0 0 0 rg BT 386.68 489.95 Td (inspired ) Tj ET Q q 0 0 0 rg BT 420.70 489.95 Td (by ) Tj ET Q q 0 0 0 rg BT 432.70 489.95 Td (CGI) Tj ET Q q 0 0 0 rg BT 450.54 489.95 Td (s ) Tj ET Q q 0 0 0 rg BT 457.54 489.95 Td (roots ) Tj ET Q q 0 0 0 rg BT 480.05 489.95 Td (and ) Tj ET Q q 0 0 0 rg BT 497.57 489.95 Td (traditions.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 470.45 Td (As ) Tj ET Q q 0 0 0 rg BT 85.28 470.45 Td (a ) Tj ET Q q 0 0 0 rg BT 93.06 470.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 134.36 470.45 Td (built ) Tj ET Q q 0 0 0 rg BT 153.64 470.45 Td (on ) Tj ET Q q 0 0 0 rg BT 166.43 470.45 Td (human ) Tj ET Q q 0 0 0 rg BT 196.72 470.45 Td (capital, ) Tj ET Q q 0 0 0 rg BT 228.02 470.45 Td (our ) Tj ET Q q 0 0 0 rg BT 243.80 470.45 Td (professionals ) Tj ET Q q 0 0 0 rg BT 299.61 470.45 Td (and ) Tj ET Q q 0 0 0 rg BT 317.40 470.45 Td (their ) Tj ET Q q 0 0 0 rg BT 337.68 470.45 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 383.49 470.45 Td (are ) Tj ET Q q 0 0 0 rg BT 399.27 470.45 Td (critical ) Tj ET Q q 0 0 0 rg BT 427.55 470.45 Td (to ) Tj ET Q q 0 0 0 rg BT 437.83 470.45 Td (delivering ) Tj ET Q q 0 0 0 rg BT 479.13 470.45 Td (quality ) Tj ET Q q 0 0 0 rg BT 507.93 470.45 Td (service ) Tj ET Q q 0 0 0 rg BT 539.21 470.45 Td (to ) Tj ET Q q 0 0 0 rg BT 549.49 470.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 456.95 Td (clients. ) Tj ET Q q 0 0 0 rg BT 102.49 456.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 119.98 456.95 Td (human ) Tj ET Q q 0 0 0 rg BT 149.98 456.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 191.97 456.95 Td (program ) Tj ET Q q 0 0 0 rg BT 227.97 456.95 Td (provides ) Tj ET Q q 0 0 0 rg BT 264.46 456.95 Td (competitive ) Tj ET Q q 0 0 0 rg BT 312.46 456.95 Td (compensation ) Tj ET Q q 0 0 0 rg BT 370.98 456.95 Td (and ) Tj ET Q q 0 0 0 rg BT 388.48 456.95 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 424.98 456.95 Td (a ) Tj ET Q q 0 0 0 rg BT 432.47 456.95 Td (favourable ) Tj ET Q q 0 0 0 rg BT 476.98 456.95 Td (working ) Tj ET Q q 0 0 0 rg BT 510.47 456.95 Td (environment, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 443.45 Td (and ) Tj ET Q q 0 0 0 rg BT 90.75 443.45 Td (our ) Tj ET Q q 0 0 0 rg BT 107.50 443.45 Td (training ) Tj ET Q q 0 0 0 rg BT 140.75 443.45 Td (and ) Tj ET Q q 0 0 0 rg BT 159.50 443.45 Td (career ) Tj ET Q q 0 0 0 rg BT 188.75 443.45 Td (development ) Tj ET Q q 0 0 0 rg BT 244.02 443.45 Td (programs ) Tj ET Q q 0 0 0 rg BT 285.77 443.45 Td (combine ) Tj ET Q q 0 0 0 rg BT 323.52 443.45 Td (to ) Tj ET Q q 0 0 0 rg BT 334.76 443.45 Td (allow ) Tj ET Q q 0 0 0 rg BT 359.01 443.45 Td (us ) Tj ET Q q 0 0 0 rg BT 372.25 443.45 Td (to ) Tj ET Q q 0 0 0 rg BT 383.49 443.45 Td (attract ) Tj ET Q q 0 0 0 rg BT 412.24 443.45 Td (and ) Tj ET Q q 0 0 0 rg BT 430.99 443.45 Td (retain ) Tj ET Q q 0 0 0 rg BT 457.24 443.45 Td (the ) Tj ET Q q 0 0 0 rg BT 473.48 443.45 Td (best ) Tj ET Q q 0 0 0 rg BT 494.23 443.45 Td (talent. ) Tj ET Q q 0 0 0 rg BT 522.48 443.45 Td (Employee ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 429.95 Td (satisfaction ) Tj ET Q q 0 0 0 rg BT 120.13 429.95 Td (is ) Tj ET Q q 0 0 0 rg BT 129.73 429.95 Td (monitored ) Tj ET Q q 0 0 0 rg BT 172.86 429.95 Td (regularly ) Tj ET Q q 0 0 0 rg BT 210.48 429.95 Td (through ) Tj ET Q q 0 0 0 rg BT 244.11 429.95 Td (a ) Tj ET Q q 0 0 0 rg BT 252.22 429.95 Td (Company-wide ) Tj ET Q q 0 0 0 rg BT 315.35 429.95 Td (survey) Tj ET Q q 0 0 0 rg BT 341.19 429.95 Td (. ) Tj ET Q q 0 0 0 rg BT 346.79 429.95 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 401.91 429.95 Td (approximately ) Tj ET Q q 0 0 0 rg BT 461.04 429.95 Td (80% ) Tj ET Q q 0 0 0 rg BT 482.16 429.95 Td (of ) Tj ET Q q 0 0 0 rg BT 492.77 429.95 Td (our ) Tj ET Q q 0 0 0 rg BT 508.88 429.95 Td (members ) Tj ET Q q 0 0 0 rg BT 549.50 429.95 Td (are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 416.45 Td (also ) Tj ET Q q 0 0 0 rg BT 90.70 416.45 Td (owners ) Tj ET Q q 0 0 0 rg BT 121.90 416.45 Td (of ) Tj ET Q q 0 0 0 rg BT 131.60 416.45 Td (CGI ) Tj ET Q q 0 0 0 rg BT 149.79 416.45 Td (through ) Tj ET Q q 0 0 0 rg BT 182.50 416.45 Td (our ) Tj ET Q q 0 0 0 rg BT 197.70 416.45 Td (Share ) Tj ET Q q 0 0 0 rg BT 223.90 416.45 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 264.11 416.45 Td (Plan. ) Tj ET Q q 0 0 0 rg BT 286.67 416.45 Td (The ) Tj ET Q q 0 0 0 rg BT 304.37 416.45 Td (Share ) Tj ET Q q 0 0 0 rg BT 330.57 416.45 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 370.78 416.45 Td (Plan, ) Tj ET Q q 0 0 0 rg BT 393.49 416.45 Td (along ) Tj ET Q q 0 0 0 rg BT 417.70 416.45 Td (with ) Tj ET Q q 0 0 0 rg BT 435.89 416.45 Td (the ) Tj ET Q q 0 0 0 rg BT 450.59 416.45 Td (Profit ) Tj ET Q q 0 0 0 rg BT 473.79 416.45 Td (Participation ) Tj ET Q q 0 0 0 rg BT 525.50 416.45 Td (Program, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 402.95 Td (allows ) Tj ET Q q 0 0 0 rg BT 99.51 402.95 Td (members ) Tj ET Q q 0 0 0 rg BT 139.52 402.95 Td (to ) Tj ET Q q 0 0 0 rg BT 149.52 402.95 Td (share ) Tj ET Q q 0 0 0 rg BT 174.54 402.95 Td (in ) Tj ET Q q 0 0 0 rg BT 184.04 402.95 Td (the ) Tj ET Q q 0 0 0 rg BT 199.05 402.95 Td (success ) Tj ET Q q 0 0 0 rg BT 234.07 402.95 Td (of ) Tj ET Q q 0 0 0 rg BT 244.07 402.95 Td (the ) Tj ET Q q 0 0 0 rg BT 259.08 402.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 300.10 402.95 Td (and ) Tj ET Q q 0 0 0 rg BT 317.62 402.95 Td (aligns ) Tj ET Q q 0 0 0 rg BT 343.63 402.95 Td (member ) Tj ET Q q 0 0 0 rg BT 379.14 402.95 Td (objectives ) Tj ET Q q 0 0 0 rg BT 421.66 402.95 Td (with ) Tj ET Q q 0 0 0 rg BT 440.17 402.95 Td (our ) Tj ET Q q 0 0 0 rg BT 455.68 402.95 Td (strategic ) Tj ET Q q 0 0 0 rg BT 492.19 402.95 Td (goals.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 383.45 Td (In ) Tj ET Q q 0 0 0 rg BT 82.88 383.45 Td (addition ) Tj ET Q q 0 0 0 rg BT 117.78 383.45 Td (to ) Tj ET Q q 0 0 0 rg BT 128.66 383.45 Td (our ) Tj ET Q q 0 0 0 rg BT 145.04 383.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 174.43 383.45 Td (resources ) Tj ET Q q 0 0 0 rg BT 217.32 383.45 Td (and ) Tj ET Q q 0 0 0 rg BT 235.71 383.45 Td (the ) Tj ET Q q 0 0 0 rg BT 251.59 383.45 Td (talent ) Tj ET Q q 0 0 0 rg BT 276.98 383.45 Td (of ) Tj ET Q q 0 0 0 rg BT 287.86 383.45 Td (our ) Tj ET Q q 0 0 0 rg BT 304.24 383.45 Td (human ) Tj ET Q q 0 0 0 rg BT 335.14 383.45 Td (capital, ) Tj ET Q q 0 0 0 rg BT 367.03 383.45 Td (CGI ) Tj ET Q q 0 0 0 rg BT 386.40 383.45 Td (has ) Tj ET Q q 0 0 0 rg BT 404.28 383.45 Td (established ) Tj ET Q q 0 0 0 rg BT 453.19 383.45 Td (a ) Tj ET Q q 0 0 0 rg BT 461.57 383.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 517.47 383.45 Td (Foundation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 369.95 Td (encompassing ) Tj ET Q q 0 0 0 rg BT 131.71 369.95 Td (governance ) Tj ET Q q 0 0 0 rg BT 180.41 369.95 Td (policies, ) Tj ET Q q 0 0 0 rg BT 214.60 369.95 Td (sophisticated ) Tj ET Q q 0 0 0 rg BT 268.80 369.95 Td (management ) Tj ET Q q 0 0 0 rg BT 323.01 369.95 Td (frameworks ) Tj ET Q q 0 0 0 rg BT 371.18 369.95 Td (and ) Tj ET Q q 0 0 0 rg BT 387.87 369.95 Td (an ) Tj ET Q q 0 0 0 rg BT 399.55 369.95 Td (organizational ) Tj ET Q q 0 0 0 rg BT 457.26 369.95 Td (model ) Tj ET Q q 0 0 0 rg BT 483.45 369.95 Td (for ) Tj ET Q q 0 0 0 rg BT 495.62 369.95 Td (its ) Tj ET Q q 0 0 0 rg BT 506.29 369.95 Td (business ) Tj ET Q q 0 0 0 rg BT 543.49 369.95 Td (units ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 356.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.64 356.45 Td (corporate ) Tj ET Q q 0 0 0 rg BT 130.29 356.45 Td (processes.) Tj ET Q q 0 0 0 rg BT 176.15 356.45 Td (This ) Tj ET Q q 0 0 0 rg BT 195.78 356.45 Td (foundation, ) Tj ET Q q 0 0 0 rg BT 242.94 356.45 Td (along ) Tj ET Q q 0 0 0 rg BT 267.59 356.45 Td (with ) Tj ET Q q 0 0 0 rg BT 286.22 356.45 Td (our ) Tj ET Q q 0 0 0 rg BT 301.85 356.45 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 350.01 356.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 382.16 356.45 Td (systems, ) Tj ET Q q 0 0 0 rg BT 420.29 356.45 Td (helps ) Tj ET Q q 0 0 0 rg BT 444.43 356.45 Td (in ) Tj ET Q q 0 0 0 rg BT 454.06 356.45 Td (providing ) Tj ET Q q 0 0 0 rg BT 493.21 356.45 Td (a ) Tj ET Q q 0 0 0 rg BT 500.84 356.45 Td (disciplined ) Tj ET Q q 0 0 0 rg BT 545.49 356.45 Td (high ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 342.95 Td (standard ) Tj ET Q q 0 0 0 rg BT 108.74 342.95 Td (of ) Tj ET Q q 0 0 0 rg BT 117.96 342.95 Td (quality ) Tj ET Q q 0 0 0 rg BT 145.70 342.95 Td (service ) Tj ET Q q 0 0 0 rg BT 175.92 342.95 Td (to ) Tj ET Q q 0 0 0 rg BT 185.14 342.95 Td (our ) Tj ET Q q 0 0 0 rg BT 199.87 342.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 227.09 342.95 Td (across ) Tj ET Q q 0 0 0 rg BT 255.32 342.95 Td (all ) Tj ET Q q 0 0 0 rg BT 266.04 342.95 Td (of ) Tj ET Q q 0 0 0 rg BT 275.26 342.95 Td (our ) Tj ET Q q 0 0 0 rg BT 289.99 342.95 Td (operations, ) Tj ET Q q 0 0 0 rg BT 336.23 342.95 Td (and ) Tj ET Q q 0 0 0 rg BT 352.97 342.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 393.22 342.95 Td (value ) Tj ET Q q 0 0 0 rg BT 416.45 342.95 Td (to ) Tj ET Q q 0 0 0 rg BT 425.67 342.95 Td (our ) Tj ET Q q 0 0 0 rg BT 440.40 342.95 Td (stakeholders.CGI) Tj ET Q q 0 0 0 rg BT 514.26 342.95 Td (s ) Tj ET Q q 0 0 0 rg BT 520.48 342.95 Td (operations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 329.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 107.94 329.45 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 155.39 329.45 Td (certifications ) Tj ET Q q 0 0 0 rg BT 207.33 329.45 Td (in ) Tj ET Q q 0 0 0 rg BT 216.25 329.45 Td (accordance ) Tj ET Q q 0 0 0 rg BT 264.70 329.45 Td (with ) Tj ET Q q 0 0 0 rg BT 282.62 329.45 Td (service ) Tj ET Q q 0 0 0 rg BT 313.05 329.45 Td (requirements ) Tj ET Q q 0 0 0 rg BT 367.49 329.45 Td (such ) Tj ET Q q 0 0 0 rg BT 388.42 329.45 Td (as ) Tj ET Q q 0 0 0 rg BT 399.85 329.45 Td (the ) Tj ET Q q 0 0 0 rg BT 414.28 329.45 Td (ISO ) Tj ET Q q 0 0 0 rg BT 431.70 329.45 Td (and ) Tj ET Q q 0 0 0 rg BT 448.64 329.45 Td (CMMI ) Tj ET Q q 0 0 0 rg BT 474.55 329.45 Td (certification ) Tj ET Q q 0 0 0 rg BT 521.99 329.45 Td (programs.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (32) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 706.80 Td () Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 74.50 706.80 Td (5. ) Tj ET Q q 0 0 0 rg BT 85.50 706.80 Td (Changes ) Tj ET Q q 0 0 0 rg BT 139.51 706.80 Td (in ) Tj ET Q q 0 0 0 rg BT 153.06 706.80 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 222.39 706.80 Td (Policies) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 57.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 686.3 m 57.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 686.3 m 142.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 686.3 m 228.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 686.3 m 337.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 686.3 m 475.5 686.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 686.3 m 561.5 686.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 686.3 m 57.5 682.3 l s BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 660.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.90 660.30 Td (interim ) Tj ET Q q 0 0 0 rg BT 121.29 660.30 Td (condensed ) Tj ET Q q 0 0 0 rg BT 168.71 660.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 222.63 660.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 259.04 660.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 306.45 660.30 Td (for ) Tj ET Q q 0 0 0 rg BT 320.34 660.30 Td (the ) Tj ET Q q 0 0 0 rg BT 336.24 660.30 Td (three ) Tj ET Q q 0 0 0 rg BT 360.14 660.30 Td (and ) Tj ET Q q 0 0 0 rg BT 378.54 660.30 Td (nine ) Tj ET Q q 0 0 0 rg BT 398.94 660.30 Td (months ) Tj ET Q q 0 0 0 rg BT 431.84 660.30 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.26 660.30 Td (June30, ) Tj ET Q q 0 0 0 rg BT 498.17 660.30 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.19 660.30 Td ( ) Tj ET Q q 0 0 0 rg BT 521.58 660.30 Td (include ) Tj ET Q q 0 0 0 rg BT 553.49 660.30 Td (all ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 646.80 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 122.14 646.80 Td (that ) Tj ET Q q 0 0 0 rg BT 138.78 646.80 Td (CGI) Tj ET Q q 0 0 0 rg BT 156.61 646.80 Td (s ) Tj ET Q q 0 0 0 rg BT 162.73 646.80 Td (management ) Tj ET Q q 0 0 0 rg BT 216.89 646.80 Td (considers ) Tj ET Q q 0 0 0 rg BT 257.02 646.80 Td (necessary ) Tj ET Q q 0 0 0 rg BT 299.66 646.80 Td (for ) Tj ET Q q 0 0 0 rg BT 311.79 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 325.92 646.80 Td (fair ) Tj ET Q q 0 0 0 rg BT 340.04 646.80 Td (presentation ) Tj ET Q q 0 0 0 rg BT 391.20 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 400.32 646.80 Td (its ) Tj ET Q q 0 0 0 rg BT 410.94 646.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 445.58 646.80 Td (position, ) Tj ET Q q 0 0 0 rg BT 480.72 646.80 Td (results ) Tj ET Q q 0 0 0 rg BT 508.85 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 517.98 646.80 Td (operations, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 633.30 Td (and ) Tj ET Q q 0 0 0 rg BT 89.52 633.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 111.03 633.30 Td (flows.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 613.80 Td (ACCOUNTING ) Tj ET Q q 0 0 0 rg BT 135.50 613.80 Td (ST) Tj ET Q q 0 0 0 rg BT 146.33 613.80 Td (ANDARD ) Tj ET Q q 0 0 0 rg BT 187.49 613.80 Td (ADOPTION) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 591.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 591.30 Td (following ) Tj ET Q q 0 0 0 rg BT 127.53 591.30 Td (amendment ) Tj ET Q q 0 0 0 rg BT 177.56 591.30 Td (to ) Tj ET Q q 0 0 0 rg BT 187.56 591.30 Td (the ) Tj ET Q q 0 0 0 rg BT 202.57 591.30 Td (existing ) Tj ET Q q 0 0 0 rg BT 235.59 591.30 Td (standard ) Tj ET Q q 0 0 0 rg BT 273.12 591.30 Td (has ) Tj ET Q q 0 0 0 rg BT 290.13 591.30 Td (been ) Tj ET Q q 0 0 0 rg BT 312.65 591.30 Td (adopted ) Tj ET Q q 0 0 0 rg BT 347.68 591.30 Td (by ) Tj ET Q q 0 0 0 rg BT 359.69 591.30 Td (the ) Tj ET Q q 0 0 0 rg BT 374.70 591.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 415.72 591.30 Td (on ) Tj ET Q q 0 0 0 rg BT 428.23 591.30 Td (October ) Tj ET Q q 0 0 0 rg BT 462.74 591.30 Td (1, ) Tj ET Q q 0 0 0 rg BT 472.75 591.30 Td (2017:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 571.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 89.50 571.80 Td (7 ) Tj ET Q q 0 0 0 rg BT 97.01 571.80 Td (- ) Tj ET Q q 0 0 0 rg BT 102.51 571.80 Td (Statement ) Tj ET Q q 0 0 0 rg BT 148.52 571.80 Td (of ) Tj ET Q q 0 0 0 rg BT 159.51 571.80 Td (Cash ) Tj ET Q q 0 0 0 rg BT 184.02 571.80 Td (Flows) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 549.30 Td (In ) Tj ET Q q 0 0 0 rg BT 82.66 549.30 Td (January ) Tj ET Q q 0 0 0 rg BT 117.83 549.30 Td (2016, ) Tj ET Q q 0 0 0 rg BT 143.50 549.30 Td (the ) Tj ET Q q 0 0 0 rg BT 159.16 549.30 Td (IASB ) Tj ET Q q 0 0 0 rg BT 182.82 549.30 Td (amended ) Tj ET Q q 0 0 0 rg BT 223.50 549.30 Td (IAS ) Tj ET Q q 0 0 0 rg BT 241.16 549.30 Td (7, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 251.82 549.30 Td (Statement ) Tj ET Q q 0 0 0 rg BT 295.99 549.30 Td (of ) Tj ET Q q 0 0 0 rg BT 306.65 549.30 Td (Cash ) Tj ET Q q 0 0 0 rg BT 330.81 549.30 Td (Flows) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.31 549.30 Td (, ) Tj ET Q q 0 0 0 rg BT 359.97 549.30 Td (to ) Tj ET Q q 0 0 0 rg BT 370.62 549.30 Td (require ) Tj ET Q q 0 0 0 rg BT 401.79 549.30 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 444.48 549.30 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 492.65 549.30 Td (about ) Tj ET Q q 0 0 0 rg BT 518.32 549.30 Td (changes ) Tj ET Q q 0 0 0 rg BT 555.50 549.30 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 535.80 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 107.69 535.80 Td (arising ) Tj ET Q q 0 0 0 rg BT 135.87 535.80 Td (from ) Tj ET Q q 0 0 0 rg BT 155.54 535.80 Td (financing ) Tj ET Q q 0 0 0 rg BT 193.24 535.80 Td (activities, ) Tj ET Q q 0 0 0 rg BT 231.93 535.80 Td (including ) Tj ET Q q 0 0 0 rg BT 269.13 535.80 Td (changes ) Tj ET Q q 0 0 0 rg BT 304.83 535.80 Td (from ) Tj ET Q q 0 0 0 rg BT 324.50 535.80 Td (financing ) Tj ET Q q 0 0 0 rg BT 362.20 535.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 382.88 535.80 Td (flows, ) Tj ET Q q 0 0 0 rg BT 407.56 535.80 Td (changes ) Tj ET Q q 0 0 0 rg BT 443.26 535.80 Td (arising ) Tj ET Q q 0 0 0 rg BT 471.44 535.80 Td (from ) Tj ET Q q 0 0 0 rg BT 491.12 535.80 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 529.32 535.80 Td (or ) Tj ET Q q 0 0 0 rg BT 539.00 535.80 Td (losing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 522.30 Td (control ) Tj ET Q q 0 0 0 rg BT 101.91 522.30 Td (of ) Tj ET Q q 0 0 0 rg BT 112.32 522.30 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 162.74 522.30 Td (or ) Tj ET Q q 0 0 0 rg BT 173.64 522.30 Td (other ) Tj ET Q q 0 0 0 rg BT 197.05 522.30 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 247.48 522.30 Td (the ) Tj ET Q q 0 0 0 rg BT 262.88 522.30 Td (ef) Tj ET Q q 0 0 0 rg BT 270.23 522.30 Td (fect ) Tj ET Q q 0 0 0 rg BT 287.63 522.30 Td (of ) Tj ET Q q 0 0 0 rg BT 298.04 522.30 Td (changes ) Tj ET Q q 0 0 0 rg BT 334.96 522.30 Td (in ) Tj ET Q q 0 0 0 rg BT 344.87 522.30 Td (foreign ) Tj ET Q q 0 0 0 rg BT 375.28 522.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 417.21 522.30 Td (rates ) Tj ET Q q 0 0 0 rg BT 440.12 522.30 Td (and ) Tj ET Q q 0 0 0 rg BT 458.03 522.30 Td (changes ) Tj ET Q q 0 0 0 rg BT 494.96 522.30 Td (in ) Tj ET Q q 0 0 0 rg BT 504.86 522.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 520.26 522.30 Td (value. ) Tj ET Q q 0 0 0 rg BT 546.99 522.30 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 508.80 Td (additional ) Tj ET Q q 0 0 0 rg BT 112.77 508.80 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 160.03 508.80 Td (will ) Tj ET Q q 0 0 0 rg BT 174.77 508.80 Td (be ) Tj ET Q q 0 0 0 rg BT 187.03 508.80 Td (provided ) Tj ET Q q 0 0 0 rg BT 223.79 508.80 Td (in ) Tj ET Q q 0 0 0 rg BT 233.04 508.80 Td (the ) Tj ET Q q 0 0 0 rg BT 247.80 508.80 Td (Company) Tj ET Q q 0 0 0 rg BT 288.15 508.80 Td (s ) Tj ET Q q 0 0 0 rg BT 294.89 508.80 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 347.67 508.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 382.94 508.80 Td (statements ) Tj ET Q q 0 0 0 rg BT 429.20 508.80 Td (for ) Tj ET Q q 0 0 0 rg BT 441.94 508.80 Td (the ) Tj ET Q q 0 0 0 rg BT 456.70 508.80 Td (year ) Tj ET Q q 0 0 0 rg BT 476.45 508.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 503.72 508.80 Td (September ) Tj ET Q q 0 0 0 rg BT 549.99 508.80 Td (30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 495.30 Td (2018.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 475.80 Td (FUTURE ) Tj ET Q q 0 0 0 rg BT 110.66 475.80 Td (ACCOUNTING ) Tj ET Q q 0 0 0 rg BT 174.16 475.80 Td (ST) Tj ET Q q 0 0 0 rg BT 184.99 475.80 Td (ANDARD ) Tj ET Q q 0 0 0 rg BT 226.49 475.80 Td (CHANGES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 456.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.05 456.30 Td (following ) Tj ET Q q 0 0 0 rg BT 127.62 456.30 Td (standards ) Tj ET Q q 0 0 0 rg BT 169.69 456.30 Td (have ) Tj ET Q q 0 0 0 rg BT 191.75 456.30 Td (been ) Tj ET Q q 0 0 0 rg BT 214.31 456.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 242.87 456.30 Td (but ) Tj ET Q q 0 0 0 rg BT 257.93 456.30 Td (are ) Tj ET Q q 0 0 0 rg BT 273.48 456.30 Td (not ) Tj ET Q q 0 0 0 rg BT 288.54 456.30 Td (yet ) Tj ET Q q 0 0 0 rg BT 303.09 456.30 Td (ef) Tj ET Q q 0 0 0 rg BT 310.43 456.30 Td (fective. ) Tj ET Q q 0 0 0 rg BT 341.32 456.30 Td (The ) Tj ET Q q 0 0 0 rg BT 359.37 456.30 Td (Company) Tj ET Q q 0 0 0 rg BT 399.73 456.30 Td (s ) Tj ET Q q 0 0 0 rg BT 406.77 456.30 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 453.33 456.30 Td (assessments ) Tj ET Q q 0 0 0 rg BT 508.39 456.30 Td (are ) Tj ET Q q 0 0 0 rg BT 523.94 456.30 Td (subject ) Tj ET Q q 0 0 0 rg BT 555.00 456.30 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 442.80 Td (change, ) Tj ET Q q 0 0 0 rg BT 107.29 442.80 Td (as ) Tj ET Q q 0 0 0 rg BT 120.06 442.80 Td (the ) Tj ET Q q 0 0 0 rg BT 135.83 442.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 177.62 442.80 Td (is ) Tj ET Q q 0 0 0 rg BT 187.38 442.80 Td (progressing ) Tj ET Q q 0 0 0 rg BT 237.67 442.80 Td (in ) Tj ET Q q 0 0 0 rg BT 247.94 442.80 Td (the ) Tj ET Q q 0 0 0 rg BT 263.71 442.80 Td (assessment ) Tj ET Q q 0 0 0 rg BT 315.00 442.80 Td (of ) Tj ET Q q 0 0 0 rg BT 325.77 442.80 Td (the ) Tj ET Q q 0 0 0 rg BT 341.54 442.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 371.31 442.80 Td (of ) Tj ET Q q 0 0 0 rg BT 382.08 442.80 Td (these ) Tj ET Q q 0 0 0 rg BT 407.36 442.80 Td (standards ) Tj ET Q q 0 0 0 rg BT 450.15 442.80 Td (on ) Tj ET Q q 0 0 0 rg BT 463.42 442.80 Td (its ) Tj ET Q q 0 0 0 rg BT 475.69 442.80 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 529.49 442.80 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 429.30 Td (statements.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 406.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 95.00 406.80 Td (15 ) Tj ET Q q 0 0 0 rg BT 107.51 406.80 Td (- ) Tj ET Q q 0 0 0 rg BT 113.01 406.80 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 153.03 406.80 Td (from ) Tj ET Q q 0 0 0 rg BT 175.53 406.80 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 220.03 406.80 Td (with ) Tj ET Q q 0 0 0 rg BT 240.53 406.80 Td (Customers) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 387.30 Td (In ) Tj ET Q q 0 0 0 rg BT 82.76 387.30 Td (May ) Tj ET Q q 0 0 0 rg BT 103.01 387.30 Td (2014, ) Tj ET Q q 0 0 0 rg BT 128.78 387.30 Td (the ) Tj ET Q q 0 0 0 rg BT 144.55 387.30 Td (IASB ) Tj ET Q q 0 0 0 rg BT 168.31 387.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 197.58 387.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 221.33 387.30 Td (15, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 237.09 387.30 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 276.37 387.30 Td (from ) Tj ET Q q 0 0 0 rg BT 297.62 387.30 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 339.38 387.30 Td (with ) Tj ET Q q 0 0 0 rg BT 358.64 387.30 Td (Customers) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.15 387.30 Td (, ) Tj ET Q q 0 0 0 rg BT 407.90 387.30 Td (to ) Tj ET Q q 0 0 0 rg BT 418.66 387.30 Td (specify ) Tj ET Q q 0 0 0 rg BT 449.92 387.30 Td (how ) Tj ET Q q 0 0 0 rg BT 469.68 387.30 Td (and ) Tj ET Q q 0 0 0 rg BT 487.95 387.30 Td (when ) Tj ET Q q 0 0 0 rg BT 512.72 387.30 Td (to ) Tj ET Q q 0 0 0 rg BT 523.48 387.30 Td (recognize ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 373.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 107.43 373.80 Td (as ) Tj ET Q q 0 0 0 rg BT 119.85 373.80 Td (well ) Tj ET Q q 0 0 0 rg BT 138.26 373.80 Td (as ) Tj ET Q q 0 0 0 rg BT 150.67 373.80 Td (requiring ) Tj ET Q q 0 0 0 rg BT 188.60 373.80 Td (the ) Tj ET Q q 0 0 0 rg BT 204.02 373.80 Td (provision ) Tj ET Q q 0 0 0 rg BT 242.94 373.80 Td (of ) Tj ET Q q 0 0 0 rg BT 253.36 373.80 Td (more ) Tj ET Q q 0 0 0 rg BT 276.77 373.80 Td (informative ) Tj ET Q q 0 0 0 rg BT 323.70 373.80 Td (and ) Tj ET Q q 0 0 0 rg BT 341.62 373.80 Td (relevant ) Tj ET Q q 0 0 0 rg BT 376.55 373.80 Td (disclosures. ) Tj ET Q q 0 0 0 rg BT 426.78 373.80 Td (The ) Tj ET Q q 0 0 0 rg BT 445.20 373.80 Td (standard ) Tj ET Q q 0 0 0 rg BT 483.13 373.80 Td (supersedes ) Tj ET Q q 0 0 0 rg BT 532.57 373.80 Td (IAS ) Tj ET Q q 0 0 0 rg BT 549.99 373.80 Td (18, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 360.30 Td (Revenue) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 108.03 360.30 Td (, ) Tj ET Q q 0 0 0 rg BT 113.03 360.30 Td (IAS ) Tj ET Q q 0 0 0 rg BT 130.03 360.30 Td (1) Tj ET Q q 0 0 0 rg BT 134.37 360.30 Td (1, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 144.38 360.30 Td (Construction ) Tj ET Q q 0 0 0 rg BT 197.40 360.30 Td (Contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.92 360.30 Td (, ) Tj ET Q q 0 0 0 rg BT 240.92 360.30 Td (and ) Tj ET Q q 0 0 0 rg BT 258.43 360.30 Td (other ) Tj ET Q q 0 0 0 rg BT 281.45 360.30 Td (revenue ) Tj ET Q q 0 0 0 rg BT 316.47 360.30 Td (related ) Tj ET Q q 0 0 0 rg BT 346.49 360.30 Td (interpretations. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 340.80 Td (The ) Tj ET Q q 0 0 0 rg BT 89.76 340.80 Td (standard ) Tj ET Q q 0 0 0 rg BT 127.03 340.80 Td (will ) Tj ET Q q 0 0 0 rg BT 141.78 340.80 Td (be ) Tj ET Q q 0 0 0 rg BT 154.04 340.80 Td (ef) Tj ET Q q 0 0 0 rg BT 161.38 340.80 Td (fective ) Tj ET Q q 0 0 0 rg BT 189.64 340.80 Td (on ) Tj ET Q q 0 0 0 rg BT 201.90 340.80 Td (October ) Tj ET Q q 0 0 0 rg BT 236.16 340.80 Td (1, ) Tj ET Q q 0 0 0 rg BT 245.92 340.80 Td (2018 ) Tj ET Q q 0 0 0 rg BT 268.19 340.80 Td (for ) Tj ET Q q 0 0 0 rg BT 280.94 340.80 Td (the ) Tj ET Q q 0 0 0 rg BT 295.70 340.80 Td (Company) Tj ET Q q 0 0 0 rg BT 333.55 340.80 Td (. ) Tj ET Q q 0 0 0 rg BT 338.15 340.80 Td (The ) Tj ET Q q 0 0 0 rg BT 355.91 340.80 Td (standard ) Tj ET Q q 0 0 0 rg BT 393.19 340.80 Td (permits ) Tj ET Q q 0 0 0 rg BT 424.94 340.80 Td (two ) Tj ET Q q 0 0 0 rg BT 441.19 340.80 Td (possible ) Tj ET Q q 0 0 0 rg BT 476.46 340.80 Td (transition ) Tj ET Q q 0 0 0 rg BT 515.23 340.80 Td (methods ) Tj ET Q q 0 0 0 rg BT 552.00 340.80 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 327.30 Td (its ) Tj ET Q q 0 0 0 rg BT 84.00 327.30 Td (application: ) Tj ET Q q 0 0 0 rg BT 132.53 327.30 Td (i\) ) Tj ET Q q 0 0 0 rg BT 140.52 327.30 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 201.54 327.30 Td (to ) Tj ET Q q 0 0 0 rg BT 212.04 327.30 Td (each ) Tj ET Q q 0 0 0 rg BT 234.56 327.30 Td (prior ) Tj ET Q q 0 0 0 rg BT 255.56 327.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 294.08 327.30 Td (period ) Tj ET Q q 0 0 0 rg BT 322.09 327.30 Td (presented, ) Tj ET Q q 0 0 0 rg BT 367.62 327.30 Td (or ) Tj ET Q q 0 0 0 rg BT 378.62 327.30 Td (ii\) ) Tj ET Q q 0 0 0 rg BT 388.61 327.30 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 449.63 327.30 Td (with ) Tj ET Q q 0 0 0 rg BT 468.64 327.30 Td (the ) Tj ET Q q 0 0 0 rg BT 484.14 327.30 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 530.16 327.30 Td (ef) Tj ET Q q 0 0 0 rg BT 537.50 327.30 Td (fect ) Tj ET Q q 0 0 0 rg BT 555.01 327.30 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 313.80 Td (initially ) Tj ET Q q 0 0 0 rg BT 101.34 313.80 Td (applying ) Tj ET Q q 0 0 0 rg BT 137.20 313.80 Td (the ) Tj ET Q q 0 0 0 rg BT 152.05 313.80 Td (standard ) Tj ET Q q 0 0 0 rg BT 189.41 313.80 Td (recognized ) Tj ET Q q 0 0 0 rg BT 235.77 313.80 Td (on ) Tj ET Q q 0 0 0 rg BT 248.12 313.80 Td (the ) Tj ET Q q 0 0 0 rg BT 262.96 313.80 Td (date ) Tj ET Q q 0 0 0 rg BT 282.81 313.80 Td (of ) Tj ET Q q 0 0 0 rg BT 292.65 313.80 Td (the ) Tj ET Q q 0 0 0 rg BT 307.50 313.80 Td (initial ) Tj ET Q q 0 0 0 rg BT 330.34 313.80 Td (application. ) Tj ET Q q 0 0 0 rg BT 378.06 313.80 Td (The ) Tj ET Q q 0 0 0 rg BT 395.90 313.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 436.75 313.80 Td (has ) Tj ET Q q 0 0 0 rg BT 453.60 313.80 Td (not ) Tj ET Q q 0 0 0 rg BT 468.44 313.80 Td (yet ) Tj ET Q q 0 0 0 rg BT 482.78 313.80 Td (selected ) Tj ET Q q 0 0 0 rg BT 518.64 313.80 Td (a ) Tj ET Q q 0 0 0 rg BT 525.98 313.80 Td (transition ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 300.30 Td (method.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 280.80 Td (In ) Tj ET Q q 0 0 0 rg BT 81.17 280.80 Td (preparation ) Tj ET Q q 0 0 0 rg BT 128.38 280.80 Td (for ) Tj ET Q q 0 0 0 rg BT 140.55 280.80 Td (the ) Tj ET Q q 0 0 0 rg BT 154.73 280.80 Td (conversion ) Tj ET Q q 0 0 0 rg BT 199.92 280.80 Td (to ) Tj ET Q q 0 0 0 rg BT 209.09 280.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 231.26 280.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 245.44 280.80 Td (the ) Tj ET Q q 0 0 0 rg BT 259.62 280.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 299.81 280.80 Td (has ) Tj ET Q q 0 0 0 rg BT 315.99 280.80 Td (developed ) Tj ET Q q 0 0 0 rg BT 359.20 280.80 Td (a ) Tj ET Q q 0 0 0 rg BT 365.87 280.80 Td (detailed ) Tj ET Q q 0 0 0 rg BT 399.07 280.80 Td (conversion ) Tj ET Q q 0 0 0 rg BT 444.26 280.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 462.94 280.80 Td (consisting ) Tj ET Q q 0 0 0 rg BT 504.63 280.80 Td (of ) Tj ET Q q 0 0 0 rg BT 513.81 280.80 Td (four ) Tj ET Q q 0 0 0 rg BT 530.99 280.80 Td (phases: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 267.30 Td (1\) ) Tj ET Q q 0 0 0 rg BT 82.43 267.30 Td (awareness, ) Tj ET Q q 0 0 0 rg BT 130.89 267.30 Td (2\) ) Tj ET Q q 0 0 0 rg BT 141.32 267.30 Td (detailed ) Tj ET Q q 0 0 0 rg BT 175.27 267.30 Td (assessment, ) Tj ET Q q 0 0 0 rg BT 228.22 267.30 Td (3\) ) Tj ET Q q 0 0 0 rg BT 238.66 267.30 Td (design ) Tj ET Q q 0 0 0 rg BT 267.61 267.30 Td (and ) Tj ET Q q 0 0 0 rg BT 285.05 267.30 Td (4\) ) Tj ET Q q 0 0 0 rg BT 295.48 267.30 Td (implementation. ) Tj ET Q q 0 0 0 rg BT 360.96 267.30 Td (As ) Tj ET Q q 0 0 0 rg BT 373.90 267.30 Td (part ) Tj ET Q q 0 0 0 rg BT 391.83 267.30 Td (of ) Tj ET Q q 0 0 0 rg BT 401.77 267.30 Td (the ) Tj ET Q q 0 0 0 rg BT 416.71 267.30 Td (awareness ) Tj ET Q q 0 0 0 rg BT 462.66 267.30 Td (phase, ) Tj ET Q q 0 0 0 rg BT 492.11 267.30 Td (the ) Tj ET Q q 0 0 0 rg BT 507.06 267.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 548.00 267.30 Td (has ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 253.80 Td (established ) Tj ET Q q 0 0 0 rg BT 119.91 253.80 Td (a ) Tj ET Q q 0 0 0 rg BT 127.29 253.80 Td (Steering ) Tj ET Q q 0 0 0 rg BT 163.18 253.80 Td (Committee ) Tj ET Q q 0 0 0 rg BT 209.07 253.80 Td (responsible ) Tj ET Q q 0 0 0 rg BT 257.47 253.80 Td (for ) Tj ET Q q 0 0 0 rg BT 270.35 253.80 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 314.74 253.80 Td (the ) Tj ET Q q 0 0 0 rg BT 329.63 253.80 Td (progress ) Tj ET Q q 0 0 0 rg BT 367.02 253.80 Td (and ) Tj ET Q q 0 0 0 rg BT 384.41 253.80 Td (approving ) Tj ET Q q 0 0 0 rg BT 426.31 253.80 Td (recommendations ) Tj ET Q q 0 0 0 rg BT 500.22 253.80 Td (from ) Tj ET Q q 0 0 0 rg BT 520.60 253.80 Td (the ) Tj ET Q q 0 0 0 rg BT 535.48 253.80 Td (project ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 240.30 Td (team. ) Tj ET Q q 0 0 0 rg BT 98.15 240.30 Td (The ) Tj ET Q q 0 0 0 rg BT 117.55 240.30 Td (Steering ) Tj ET Q q 0 0 0 rg BT 154.96 240.30 Td (Committee ) Tj ET Q q 0 0 0 rg BT 202.37 240.30 Td (meets ) Tj ET Q q 0 0 0 rg BT 230.77 240.30 Td (regularly ) Tj ET Q q 0 0 0 rg BT 269.18 240.30 Td (and ) Tj ET Q q 0 0 0 rg BT 288.09 240.30 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 326.99 240.30 Td (updates ) Tj ET Q q 0 0 0 rg BT 362.92 240.30 Td (are ) Tj ET Q q 0 0 0 rg BT 379.82 240.30 Td (provided ) Tj ET Q q 0 0 0 rg BT 418.23 240.30 Td (to ) Tj ET Q q 0 0 0 rg BT 429.63 240.30 Td (the ) Tj ET Q q 0 0 0 rg BT 445.26 240.30 Td (Audit ) Tj ET Q q 0 0 0 rg BT 469.67 240.30 Td (and ) Tj ET Q q 0 0 0 rg BT 488.58 240.30 Td (Risk ) Tj ET Q q 0 0 0 rg BT 509.97 240.30 Td (Management ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 226.80 Td (Committee. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 207.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.49 207.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.99 207.30 Td (has ) Tj ET Q q 0 0 0 rg BT 149.49 207.30 Td (completed ) Tj ET Q q 0 0 0 rg BT 194.00 207.30 Td (the ) Tj ET Q q 0 0 0 rg BT 209.49 207.30 Td (second ) Tj ET Q q 0 0 0 rg BT 241.50 207.30 Td (phase ) Tj ET Q q 0 0 0 rg BT 269.00 207.30 Td (of ) Tj ET Q q 0 0 0 rg BT 279.49 207.30 Td (the ) Tj ET Q q 0 0 0 rg BT 294.99 207.30 Td (conversion ) Tj ET Q q 0 0 0 rg BT 341.49 207.30 Td (plan ) Tj ET Q q 0 0 0 rg BT 361.49 207.30 Td (which ) Tj ET Q q 0 0 0 rg BT 387.49 207.30 Td (encompasses ) Tj ET Q q 0 0 0 rg BT 446.00 207.30 Td (a ) Tj ET Q q 0 0 0 rg BT 453.99 207.30 Td (detailed ) Tj ET Q q 0 0 0 rg BT 488.50 207.30 Td (assessment ) Tj ET Q q 0 0 0 rg BT 539.50 207.30 Td (of ) Tj ET Q q 0 0 0 rg BT 549.99 207.30 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 193.80 Td (dif) Tj ET Q q 0 0 0 rg BT 81.34 193.80 Td (ferences. ) Tj ET Q q 0 0 0 rg BT 119.59 193.80 Td (The ) Tj ET Q q 0 0 0 rg BT 136.42 193.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 176.25 193.80 Td (is ) Tj ET Q q 0 0 0 rg BT 184.06 193.80 Td (currently ) Tj ET Q q 0 0 0 rg BT 219.89 193.80 Td (in ) Tj ET Q q 0 0 0 rg BT 228.21 193.80 Td (the ) Tj ET Q q 0 0 0 rg BT 242.03 193.80 Td (process ) Tj ET Q q 0 0 0 rg BT 274.86 193.80 Td (of ) Tj ET Q q 0 0 0 rg BT 283.68 193.80 Td (completing ) Tj ET Q q 0 0 0 rg BT 328.52 193.80 Td (the ) Tj ET Q q 0 0 0 rg BT 342.35 193.80 Td (assessment ) Tj ET Q q 0 0 0 rg BT 391.68 193.80 Td (of ) Tj ET Q q 0 0 0 rg BT 400.50 193.80 Td (the ) Tj ET Q q 0 0 0 rg BT 414.33 193.80 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 461.68 193.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 489.50 193.80 Td (of ) Tj ET Q q 0 0 0 rg BT 498.32 193.80 Td (such ) Tj ET Q q 0 0 0 rg BT 518.65 193.80 Td (dif) Tj ET Q q 0 0 0 rg BT 527.99 193.80 Td (ferences ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 180.30 Td (and ) Tj ET Q q 0 0 0 rg BT 89.52 180.30 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 133.05 180.30 Td (the ) Tj ET Q q 0 0 0 rg BT 148.06 180.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 191.08 180.30 Td (requirements ) Tj ET Q q 0 0 0 rg BT 246.10 180.30 Td (of ) Tj ET Q q 0 0 0 rg BT 256.11 180.30 Td (the ) Tj ET Q q 0 0 0 rg BT 271.12 180.30 Td (standard.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 160.80 Td (The ) Tj ET Q q 0 0 0 rg BT 91.32 160.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 133.66 160.80 Td (expects ) Tj ET Q q 0 0 0 rg BT 168.49 160.80 Td (that, ) Tj ET Q q 0 0 0 rg BT 189.82 160.80 Td (generally) Tj ET Q q 0 0 0 rg BT 225.68 160.80 Td (, ) Tj ET Q q 0 0 0 rg BT 231.99 160.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 268.33 160.80 Td (from ) Tj ET Q q 0 0 0 rg BT 290.15 160.80 Td (outsourcing, ) Tj ET Q q 0 0 0 rg BT 343.00 160.80 Td (BPS ) Tj ET Q q 0 0 0 rg BT 364.82 160.80 Td (and ) Tj ET Q q 0 0 0 rg BT 383.65 160.80 Td (systems ) Tj ET Q q 0 0 0 rg BT 420.47 160.80 Td (integration ) Tj ET Q q 0 0 0 rg BT 466.32 160.80 Td (and ) Tj ET Q q 0 0 0 rg BT 485.15 160.80 Td (consulting ) Tj ET Q q 0 0 0 rg BT 529.49 160.80 Td (services ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 147.30 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 131.04 147.30 Td (will ) Tj ET Q q 0 0 0 rg BT 147.05 147.30 Td (continue ) Tj ET Q q 0 0 0 rg BT 184.60 147.30 Td (to ) Tj ET Q q 0 0 0 rg BT 195.61 147.30 Td (be ) Tj ET Q q 0 0 0 rg BT 209.14 147.30 Td (recognized ) Tj ET Q q 0 0 0 rg BT 256.68 147.30 Td (as ) Tj ET Q q 0 0 0 rg BT 269.70 147.30 Td (the ) Tj ET Q q 0 0 0 rg BT 285.73 147.30 Td (services ) Tj ET Q q 0 0 0 rg BT 322.25 147.30 Td (are ) Tj ET Q q 0 0 0 rg BT 338.77 147.30 Td (provided ) Tj ET Q q 0 0 0 rg BT 376.81 147.30 Td (in ) Tj ET Q q 0 0 0 rg BT 387.32 147.30 Td (a ) Tj ET Q q 0 0 0 rg BT 395.84 147.30 Td (manner ) Tj ET Q q 0 0 0 rg BT 429.87 147.30 Td (that ) Tj ET Q q 0 0 0 rg BT 448.40 147.30 Td (is ) Tj ET Q q 0 0 0 rg BT 458.41 147.30 Td (consistent ) Tj ET Q q 0 0 0 rg BT 502.45 147.30 Td (with ) Tj ET Q q 0 0 0 rg BT 521.96 147.30 Td (its ) Tj ET Q q 0 0 0 rg BT 534.48 147.30 Td (current ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 133.80 Td (accounting ) Tj ET Q q 0 0 0 rg BT 117.17 133.80 Td (policies. ) Tj ET Q q 0 0 0 rg BT 151.31 133.80 Td (However) Tj ET Q q 0 0 0 rg BT 186.33 133.80 Td (, ) Tj ET Q q 0 0 0 rg BT 190.46 133.80 Td (initial ) Tj ET Q q 0 0 0 rg BT 212.61 133.80 Td (implementation ) Tj ET Q q 0 0 0 rg BT 275.27 133.80 Td (activities, ) Tj ET Q q 0 0 0 rg BT 313.92 133.80 Td (currently ) Tj ET Q q 0 0 0 rg BT 350.06 133.80 Td (not ) Tj ET Q q 0 0 0 rg BT 364.21 133.80 Td (considered ) Tj ET Q q 0 0 0 rg BT 409.87 133.80 Td (as ) Tj ET Q q 0 0 0 rg BT 421.01 133.80 Td (a ) Tj ET Q q 0 0 0 rg BT 427.65 133.80 Td (separately ) Tj ET Q q 0 0 0 rg BT 470.81 133.80 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 515.47 133.80 Td (component, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 120.30 Td (could ) Tj ET Q q 0 0 0 rg BT 96.22 120.30 Td (be ) Tj ET Q q 0 0 0 rg BT 108.94 120.30 Td (in ) Tj ET Q q 0 0 0 rg BT 118.65 120.30 Td (some ) Tj ET Q q 0 0 0 rg BT 143.37 120.30 Td (cases ) Tj ET Q q 0 0 0 rg BT 169.58 120.30 Td (identified ) Tj ET Q q 0 0 0 rg BT 208.32 120.30 Td (as ) Tj ET Q q 0 0 0 rg BT 220.53 120.30 Td (a ) Tj ET Q q 0 0 0 rg BT 228.24 120.30 Td (separate ) Tj ET Q q 0 0 0 rg BT 265.97 120.30 Td (performance ) Tj ET Q q 0 0 0 rg BT 319.21 120.30 Td (obligation ) Tj ET Q q 0 0 0 rg BT 360.44 120.30 Td (under ) Tj ET Q q 0 0 0 rg BT 386.17 120.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 409.38 120.30 Td (15 ) Tj ET Q q 0 0 0 rg BT 422.09 120.30 Td (resulting ) Tj ET Q q 0 0 0 rg BT 458.82 120.30 Td (in ) Tj ET Q q 0 0 0 rg BT 468.53 120.30 Td (acceleration ) Tj ET Q q 0 0 0 rg BT 519.77 120.30 Td (of ) Tj ET Q q 0 0 0 rg BT 529.98 120.30 Td (revenue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 106.80 Td (recognition. ) Tj ET Q q 0 0 0 rg BT 120.87 106.80 Td (The ) Tj ET Q q 0 0 0 rg BT 138.88 106.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 179.89 106.80 Td (is ) Tj ET Q q 0 0 0 rg BT 188.89 106.80 Td (in ) Tj ET Q q 0 0 0 rg BT 198.40 106.80 Td (the ) Tj ET Q q 0 0 0 rg BT 213.41 106.80 Td (process ) Tj ET Q q 0 0 0 rg BT 247.43 106.80 Td (of ) Tj ET Q q 0 0 0 rg BT 257.43 106.80 Td (quantifying ) Tj ET Q q 0 0 0 rg BT 303.46 106.80 Td (the ) Tj ET Q q 0 0 0 rg BT 318.48 106.80 Td (potential ) Tj ET Q q 0 0 0 rg BT 355.00 106.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 384.01 106.80 Td (of ) Tj ET Q q 0 0 0 rg BT 394.02 106.80 Td (this ) Tj ET Q q 0 0 0 rg BT 410.52 106.80 Td (dif) Tj ET Q q 0 0 0 rg BT 419.87 106.80 Td (ference.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 87.30 Td (Currently) Tj ET Q q 0 0 0 rg BT 107.84 87.30 Td (, ) Tj ET Q q 0 0 0 rg BT 112.69 87.30 Td (when ) Tj ET Q q 0 0 0 rg BT 136.55 87.30 Td (a ) Tj ET Q q 0 0 0 rg BT 143.90 87.30 Td (software ) Tj ET Q q 0 0 0 rg BT 180.25 87.30 Td (license ) Tj ET Q q 0 0 0 rg BT 210.61 87.30 Td (has ) Tj ET Q q 0 0 0 rg BT 227.47 87.30 Td (value ) Tj ET Q q 0 0 0 rg BT 251.33 87.30 Td (to ) Tj ET Q q 0 0 0 rg BT 261.18 87.30 Td (the ) Tj ET Q q 0 0 0 rg BT 276.03 87.30 Td (client ) Tj ET Q q 0 0 0 rg BT 299.39 87.30 Td (on ) Tj ET Q q 0 0 0 rg BT 311.74 87.30 Td (a ) Tj ET Q q 0 0 0 rg BT 319.09 87.30 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 368.47 87.30 Td (basis ) Tj ET Q q 0 0 0 rg BT 391.83 87.30 Td (and ) Tj ET Q q 0 0 0 rg BT 409.19 87.30 Td (is ) Tj ET Q q 0 0 0 rg BT 418.03 87.30 Td (identified ) Tj ET Q q 0 0 0 rg BT 456.40 87.30 Td (as ) Tj ET Q q 0 0 0 rg BT 468.25 87.30 Td (a ) Tj ET Q q 0 0 0 rg BT 475.60 87.30 Td (separately ) Tj ET Q q 0 0 0 rg BT 519.47 87.30 Td (identifiable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 73.80 Td (component, ) Tj ET Q q 0 0 0 rg BT 121.53 73.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 156.55 73.80 Td (from ) Tj ET Q q 0 0 0 rg BT 177.04 73.80 Td (the ) Tj ET Q q 0 0 0 rg BT 192.05 73.80 Td (software ) Tj ET Q q 0 0 0 rg BT 228.56 73.80 Td (license ) Tj ET Q q 0 0 0 rg BT 259.07 73.80 Td (is ) Tj ET Q q 0 0 0 rg BT 268.06 73.80 Td (recognized ) Tj ET Q q 0 0 0 rg BT 314.59 73.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 337.10 73.80 Td (delivery) Tj ET Q q 0 0 0 rg BT 367.45 73.80 Td (. ) Tj ET Q q 0 0 0 rg BT 372.44 73.80 Td (Under ) Tj ET Q q 0 0 0 rg BT 399.45 73.80 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 422.45 73.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 437.46 73.80 Td (when ) Tj ET Q q 0 0 0 rg BT 461.47 73.80 Td (the ) Tj ET Q q 0 0 0 rg BT 476.47 73.80 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 530.00 73.80 Td (involves ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 60.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 114.39 60.30 Td (customization ) Tj ET Q q 0 0 0 rg BT 171.78 60.30 Td (services, ) Tj ET Q q 0 0 0 rg BT 209.66 60.30 Td (revenue ) Tj ET Q q 0 0 0 rg BT 244.56 60.30 Td (from ) Tj ET Q q 0 0 0 rg BT 264.92 60.30 Td (a ) Tj ET Q q 0 0 0 rg BT 272.30 60.30 Td (software ) Tj ET Q q 0 0 0 rg BT 308.68 60.30 Td (license ) Tj ET Q q 0 0 0 rg BT 339.07 60.30 Td (will ) Tj ET Q q 0 0 0 rg BT 353.94 60.30 Td (be ) Tj ET Q q 0 0 0 rg BT 366.32 60.30 Td (combined ) Tj ET Q q 0 0 0 rg BT 407.71 60.30 Td (with ) Tj ET Q q 0 0 0 rg BT 426.08 60.30 Td (the ) Tj ET Q q 0 0 0 rg BT 440.96 60.30 Td (services ) Tj ET Q q 0 0 0 rg BT 476.34 60.30 Td (resulting ) Tj ET Q q 0 0 0 rg BT 512.73 60.30 Td (in ) Tj ET Q q 0 0 0 rg BT 522.10 60.30 Td (deferral ) Tj ET Q q 0 0 0 rg BT 554.99 60.30 Td (of ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (33) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 106.77 708.95 Td (recognition. ) Tj ET Q q 0 0 0 rg BT 155.55 708.95 Td (Based ) Tj ET Q q 0 0 0 rg BT 183.32 708.95 Td (on ) Tj ET Q q 0 0 0 rg BT 195.58 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 210.34 708.95 Td (analysis ) Tj ET Q q 0 0 0 rg BT 245.10 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 254.86 708.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 293.62 708.95 Td (involving ) Tj ET Q q 0 0 0 rg BT 330.89 708.95 Td (software ) Tj ET Q q 0 0 0 rg BT 367.15 708.95 Td (license ) Tj ET Q q 0 0 0 rg BT 397.42 708.95 Td (performed ) Tj ET Q q 0 0 0 rg BT 440.69 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 450.44 708.95 Td (date, ) Tj ET Q q 0 0 0 rg BT 472.71 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 487.47 708.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 528.23 708.95 Td (does ) Tj ET Q q 0 0 0 rg BT 550.00 708.95 Td (not ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 101.02 695.45 Td (a ) Tj ET Q q 0 0 0 rg BT 108.52 695.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 151.04 695.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 180.05 695.45 Td (on ) Tj ET Q q 0 0 0 rg BT 192.56 695.45 Td (its ) Tj ET Q q 0 0 0 rg BT 204.06 695.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 257.10 695.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 292.62 695.45 Td (statements.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.18 675.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.37 675.95 Td (is ) Tj ET Q q 0 0 0 rg BT 140.54 675.95 Td (concurrently ) Tj ET Q q 0 0 0 rg BT 192.23 675.95 Td (conducting ) Tj ET Q q 0 0 0 rg BT 238.44 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 241.11 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 256.29 675.95 Td (remaining ) Tj ET Q q 0 0 0 rg BT 298.48 675.95 Td (two ) Tj ET Q q 0 0 0 rg BT 315.16 675.95 Td (phases, ) Tj ET Q q 0 0 0 rg BT 349.35 675.95 Td (design ) Tj ET Q q 0 0 0 rg BT 378.54 675.95 Td (and ) Tj ET Q q 0 0 0 rg BT 396.23 675.95 Td (implementation. ) Tj ET Q q 0 0 0 rg BT 462.26 675.95 Td (The ) Tj ET Q q 0 0 0 rg BT 480.44 675.95 Td (impacts ) Tj ET Q q 0 0 0 rg BT 514.12 675.95 Td (on ) Tj ET Q q 0 0 0 rg BT 526.80 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 541.98 675.95 Td (other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (key ) Tj ET Q q 0 0 0 rg BT 88.34 662.45 Td (elements, ) Tj ET Q q 0 0 0 rg BT 129.70 662.45 Td (such ) Tj ET Q q 0 0 0 rg BT 151.05 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 162.89 662.45 Td (IT) Tj ET Q q 0 0 0 rg BT 170.73 662.45 Td ( ) Tj ET Q q 0 0 0 rg BT 173.07 662.45 Td (changes, ) Tj ET Q q 0 0 0 rg BT 211.93 662.45 Td (education ) Tj ET Q q 0 0 0 rg BT 253.30 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 270.65 662.45 Td (training ) Tj ET Q q 0 0 0 rg BT 302.51 662.45 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 359.87 662.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 391.73 662.45 Td (control ) Tj ET Q q 0 0 0 rg BT 421.08 662.45 Td (over ) Tj ET Q q 0 0 0 rg BT 440.93 662.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 476.28 662.45 Td (reporting ) Tj ET Q q 0 0 0 rg BT 514.14 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 531.50 662.45 Td (impacts ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (on ) Tj ET Q q 0 0 0 rg BT 84.51 648.95 Td (business ) Tj ET Q q 0 0 0 rg BT 122.53 648.95 Td (activities ) Tj ET Q q 0 0 0 rg BT 159.54 648.95 Td (of ) Tj ET Q q 0 0 0 rg BT 169.55 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 184.56 648.95 Td (Company) Tj ET Q q 0 0 0 rg BT 224.92 648.95 Td (s ) Tj ET Q q 0 0 0 rg BT 231.92 648.95 Td (conversion ) Tj ET Q q 0 0 0 rg BT 277.94 648.95 Td (plan, ) Tj ET Q q 0 0 0 rg BT 299.96 648.95 Td (are ) Tj ET Q q 0 0 0 rg BT 315.47 648.95 Td (assessed ) Tj ET Q q 0 0 0 rg BT 355.99 648.95 Td (during ) Tj ET Q q 0 0 0 rg BT 383.51 648.95 Td (those ) Tj ET Q q 0 0 0 rg BT 408.02 648.95 Td (phases. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 95.00 626.45 Td (9 ) Tj ET Q q 0 0 0 rg BT 102.51 626.45 Td (- ) Tj ET Q q 0 0 0 rg BT 108.00 626.45 Td (Financial ) Tj ET Q q 0 0 0 rg BT 149.52 626.45 Td (Instruments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 201.02 626.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 606.95 Td (In ) Tj ET Q q 0 0 0 rg BT 82.34 606.95 Td (July ) Tj ET Q q 0 0 0 rg BT 101.19 606.95 Td (2014, ) Tj ET Q q 0 0 0 rg BT 126.55 606.95 Td (the ) Tj ET Q q 0 0 0 rg BT 141.90 606.95 Td (IASB ) Tj ET Q q 0 0 0 rg BT 165.25 606.95 Td (amended ) Tj ET Q q 0 0 0 rg BT 205.62 606.95 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 228.96 606.95 Td (9, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 239.30 606.95 Td (Financial ) Tj ET Q q 0 0 0 rg BT 278.16 606.95 Td (Instruments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.17 606.95 Td (, ) Tj ET Q q 0 0 0 rg BT 330.51 606.95 Td (to ) Tj ET Q q 0 0 0 rg BT 340.86 606.95 Td (replace ) Tj ET Q q 0 0 0 rg BT 373.21 606.95 Td (IAS ) Tj ET Q q 0 0 0 rg BT 390.56 606.95 Td (39, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 405.91 606.95 Td (Financial ) Tj ET Q q 0 0 0 rg BT 444.77 606.95 Td (Instruments: ) Tj ET Q q 0 0 0 rg BT 497.12 606.95 Td (Recognition ) Tj ET Q q 0 0 0 rg BT 547.49 606.95 Td (and ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 593.45 Td (Measurement) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 127.02 593.45 Td (. ) Tj ET Q q 0 0 0 rg BT 131.23 593.45 Td (The ) Tj ET Q q 0 0 0 rg BT 148.56 593.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 185.41 593.45 Td (will ) Tj ET Q q 0 0 0 rg BT 199.74 593.45 Td (be ) Tj ET Q q 0 0 0 rg BT 211.57 593.45 Td (ef) Tj ET Q q 0 0 0 rg BT 218.92 593.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 246.75 593.45 Td (on ) Tj ET Q q 0 0 0 rg BT 258.59 593.45 Td (October ) Tj ET Q q 0 0 0 rg BT 292.43 593.45 Td (1, ) Tj ET Q q 0 0 0 rg BT 301.76 593.45 Td (2018 ) Tj ET Q q 0 0 0 rg BT 323.61 593.45 Td (for ) Tj ET Q q 0 0 0 rg BT 335.93 593.45 Td (the ) Tj ET Q q 0 0 0 rg BT 350.27 593.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 390.61 593.45 Td (and ) Tj ET Q q 0 0 0 rg BT 407.46 593.45 Td (is ) Tj ET Q q 0 0 0 rg BT 415.78 593.45 Td (required ) Tj ET Q q 0 0 0 rg BT 450.63 593.45 Td (to ) Tj ET Q q 0 0 0 rg BT 459.96 593.45 Td (be ) Tj ET Q q 0 0 0 rg BT 471.79 593.45 Td (applied ) Tj ET Q q 0 0 0 rg BT 502.64 593.45 Td (retrospectively) Tj ET Q q 0 0 0 rg BT 560.00 593.45 Td (. ) Tj ET Q q 0 0 0 rg BT 565.00 593.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 579.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 579.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.03 579.95 Td (will ) Tj ET Q q 0 0 0 rg BT 146.03 579.95 Td (apply ) Tj ET Q q 0 0 0 rg BT 170.04 579.95 Td (the ) Tj ET Q q 0 0 0 rg BT 185.05 579.95 Td (exemption ) Tj ET Q q 0 0 0 rg BT 229.08 579.95 Td (from ) Tj ET Q q 0 0 0 rg BT 249.58 579.95 Td (the ) Tj ET Q q 0 0 0 rg BT 264.59 579.95 Td (requirement ) Tj ET Q q 0 0 0 rg BT 315.11 579.95 Td (to ) Tj ET Q q 0 0 0 rg BT 325.12 579.95 Td (restate ) Tj ET Q q 0 0 0 rg BT 355.14 579.95 Td (comparative ) Tj ET Q q 0 0 0 rg BT 406.66 579.95 Td (information.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 560.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.06 560.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 127.64 560.45 Td (simplifies ) Tj ET Q q 0 0 0 rg BT 167.20 560.45 Td (the ) Tj ET Q q 0 0 0 rg BT 182.26 560.45 Td (classification ) Tj ET Q q 0 0 0 rg BT 235.84 560.45 Td (of ) Tj ET Q q 0 0 0 rg BT 245.90 560.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 281.47 560.45 Td (assets, ) Tj ET Q q 0 0 0 rg BT 312.53 560.45 Td (while ) Tj ET Q q 0 0 0 rg BT 335.60 560.45 Td (carrying ) Tj ET Q q 0 0 0 rg BT 370.16 560.45 Td (forward ) Tj ET Q q 0 0 0 rg BT 402.72 560.45 Td (most ) Tj ET Q q 0 0 0 rg BT 424.78 560.45 Td (of ) Tj ET Q q 0 0 0 rg BT 434.84 560.45 Td (the ) Tj ET Q q 0 0 0 rg BT 449.90 560.45 Td (requirements ) Tj ET Q q 0 0 0 rg BT 504.98 560.45 Td (of ) Tj ET Q q 0 0 0 rg BT 515.04 560.45 Td (IAS ) Tj ET Q q 0 0 0 rg BT 532.10 560.45 Td (39. ) Tj ET Q q 0 0 0 rg BT 547.00 560.45 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 546.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 119.15 546.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 154.59 546.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 183.01 546.95 Td (currently ) Tj ET Q q 0 0 0 rg BT 219.94 546.95 Td (classified ) Tj ET Q q 0 0 0 rg BT 259.37 546.95 Td (as ) Tj ET Q q 0 0 0 rg BT 271.29 546.95 Td (loans ) Tj ET Q q 0 0 0 rg BT 295.22 546.95 Td (and ) Tj ET Q q 0 0 0 rg BT 312.65 546.95 Td (receivables ) Tj ET Q q 0 0 0 rg BT 360.59 546.95 Td (will ) Tj ET Q q 0 0 0 rg BT 375.50 546.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 411.94 546.95 Td (to ) Tj ET Q q 0 0 0 rg BT 421.86 546.95 Td (be ) Tj ET Q q 0 0 0 rg BT 434.29 546.95 Td (measured ) Tj ET Q q 0 0 0 rg BT 476.73 546.95 Td (at ) Tj ET Q q 0 0 0 rg BT 486.65 546.95 Td (amortized ) Tj ET Q q 0 0 0 rg BT 528.58 546.95 Td (cost ) Tj ET Q q 0 0 0 rg BT 547.50 546.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 533.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 106.54 533.45 Td (assets ) Tj ET Q q 0 0 0 rg BT 134.06 533.45 Td (currently ) Tj ET Q q 0 0 0 rg BT 170.09 533.45 Td (classified ) Tj ET Q q 0 0 0 rg BT 208.62 533.45 Td (as ) Tj ET Q q 0 0 0 rg BT 219.65 533.45 Td (available-for-sale ) Tj ET Q q 0 0 0 rg BT 289.69 533.45 Td (will ) Tj ET Q q 0 0 0 rg BT 303.71 533.45 Td (continue ) Tj ET Q q 0 0 0 rg BT 339.25 533.45 Td (to ) Tj ET Q q 0 0 0 rg BT 348.28 533.45 Td (be ) Tj ET Q q 0 0 0 rg BT 359.80 533.45 Td (measured ) Tj ET Q q 0 0 0 rg BT 401.34 533.45 Td (at ) Tj ET Q q 0 0 0 rg BT 410.36 533.45 Td (fair ) Tj ET Q q 0 0 0 rg BT 424.38 533.45 Td (value ) Tj ET Q q 0 0 0 rg BT 447.41 533.45 Td (through ) Tj ET Q q 0 0 0 rg BT 479.46 533.45 Td (other ) Tj ET Q q 0 0 0 rg BT 501.49 533.45 Td (comprehensive ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 519.95 Td (income.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 500.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.50 500.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 128.52 500.45 Td (introduces ) Tj ET Q q 0 0 0 rg BT 173.04 500.45 Td (a ) Tj ET Q q 0 0 0 rg BT 181.05 500.45 Td (new ) Tj ET Q q 0 0 0 rg BT 200.55 500.45 Td (impairment ) Tj ET Q q 0 0 0 rg BT 248.06 500.45 Td (model ) Tj ET Q q 0 0 0 rg BT 275.57 500.45 Td (which ) Tj ET Q q 0 0 0 rg BT 301.58 500.45 Td (will ) Tj ET Q q 0 0 0 rg BT 317.07 500.45 Td (apply ) Tj ET Q q 0 0 0 rg BT 341.58 500.45 Td (to ) Tj ET Q q 0 0 0 rg BT 352.08 500.45 Td (the ) Tj ET Q q 0 0 0 rg BT 367.59 500.45 Td (Company) Tj ET Q q 0 0 0 rg BT 407.95 500.45 Td (s ) Tj ET Q q 0 0 0 rg BT 415.44 500.45 Td (trade ) Tj ET Q q 0 0 0 rg BT 438.95 500.45 Td (accounts ) Tj ET Q q 0 0 0 rg BT 477.97 500.45 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 524.49 500.45 Td (long-term ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 486.95 Td (receivables ) Tj ET Q q 0 0 0 rg BT 120.48 486.95 Td (and ) Tj ET Q q 0 0 0 rg BT 138.45 486.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 179.42 486.95 Td (bonds. ) Tj ET Q q 0 0 0 rg BT 209.40 486.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 264.89 486.95 Td (does ) Tj ET Q q 0 0 0 rg BT 287.36 486.95 Td (not ) Tj ET Q q 0 0 0 rg BT 302.83 486.95 Td (believe ) Tj ET Q q 0 0 0 rg BT 334.30 486.95 Td (that ) Tj ET Q q 0 0 0 rg BT 352.27 486.95 Td (the ) Tj ET Q q 0 0 0 rg BT 367.74 486.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 409.21 486.95 Td (is ) Tj ET Q q 0 0 0 rg BT 418.67 486.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 450.14 486.95 Td (to ) Tj ET Q q 0 0 0 rg BT 460.60 486.95 Td (any ) Tj ET Q q 0 0 0 rg BT 478.07 486.95 Td (significant ) Tj ET Q q 0 0 0 rg BT 521.04 486.95 Td (credit ) Tj ET Q q 0 0 0 rg BT 546.01 486.95 Td (risk, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 473.45 Td (given ) Tj ET Q q 0 0 0 rg BT 95.10 473.45 Td (its ) Tj ET Q q 0 0 0 rg BT 105.69 473.45 Td (large ) Tj ET Q q 0 0 0 rg BT 127.29 473.45 Td (and ) Tj ET Q q 0 0 0 rg BT 143.89 473.45 Td (diversified ) Tj ET Q q 0 0 0 rg BT 186.00 473.45 Td (client ) Tj ET Q q 0 0 0 rg BT 208.60 473.45 Td (base ) Tj ET Q q 0 0 0 rg BT 229.70 473.45 Td (and ) Tj ET Q q 0 0 0 rg BT 246.30 473.45 Td (its ) Tj ET Q q 0 0 0 rg BT 256.89 473.45 Td (risk ) Tj ET Q q 0 0 0 rg BT 272.48 473.45 Td (mitigation ) Tj ET Q q 0 0 0 rg BT 312.58 473.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 346.18 473.45 Td (to ) Tj ET Q q 0 0 0 rg BT 355.28 473.45 Td (invest ) Tj ET Q q 0 0 0 rg BT 380.37 473.45 Td (in ) Tj ET Q q 0 0 0 rg BT 388.97 473.45 Td (high ) Tj ET Q q 0 0 0 rg BT 407.57 473.45 Td (credit ) Tj ET Q q 0 0 0 rg BT 431.16 473.45 Td (quality ) Tj ET Q q 0 0 0 rg BT 458.77 473.45 Td (corporate ) Tj ET Q q 0 0 0 rg BT 498.38 473.45 Td (and ) Tj ET Q q 0 0 0 rg BT 514.98 473.45 Td (government ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 459.95 Td (bonds ) Tj ET Q q 0 0 0 rg BT 99.02 459.95 Td (with ) Tj ET Q q 0 0 0 rg BT 117.53 459.95 Td (a ) Tj ET Q q 0 0 0 rg BT 125.03 459.95 Td (credit ) Tj ET Q q 0 0 0 rg BT 149.54 459.95 Td (rating ) Tj ET Q q 0 0 0 rg BT 174.56 459.95 Td (of ) Tj ET Q q 0 0 0 rg BT 184.06 459.95 Td (A) Tj ET Q q 0 0 0 rg BT 189.57 459.95 Td ( ) Tj ET Q q 0 0 0 rg BT 192.07 459.95 Td (or ) Tj ET Q q 0 0 0 rg BT 202.57 459.95 Td (higher) Tj ET Q q 0 0 0 rg BT 227.10 459.95 Td (. ) Tj ET Q q 0 0 0 rg BT 232.10 459.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 440.45 Td (Finally) Tj ET Q q 0 0 0 rg BT 97.34 440.45 Td (, ) Tj ET Q q 0 0 0 rg BT 102.46 440.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 125.59 440.45 Td (9 ) Tj ET Q q 0 0 0 rg BT 133.22 440.45 Td (introduces ) Tj ET Q q 0 0 0 rg BT 177.37 440.45 Td (a ) Tj ET Q q 0 0 0 rg BT 185.00 440.45 Td (new ) Tj ET Q q 0 0 0 rg BT 204.13 440.45 Td (hedge ) Tj ET Q q 0 0 0 rg BT 231.79 440.45 Td (accounting ) Tj ET Q q 0 0 0 rg BT 277.94 440.45 Td (model ) Tj ET Q q 0 0 0 rg BT 305.08 440.45 Td (that ) Tj ET Q q 0 0 0 rg BT 322.72 440.45 Td (is ) Tj ET Q q 0 0 0 rg BT 331.84 440.45 Td (more ) Tj ET Q q 0 0 0 rg BT 354.97 440.45 Td (closely ) Tj ET Q q 0 0 0 rg BT 385.11 440.45 Td (aligned ) Tj ET Q q 0 0 0 rg BT 416.76 440.45 Td (with ) Tj ET Q q 0 0 0 rg BT 435.39 440.45 Td (risk-management ) Tj ET Q q 0 0 0 rg BT 507.54 440.45 Td (activities. ) Tj ET Q q 0 0 0 rg BT 547.00 440.45 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 426.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 113.38 426.95 Td (will ) Tj ET Q q 0 0 0 rg BT 128.75 426.95 Td (apply ) Tj ET Q q 0 0 0 rg BT 153.13 426.95 Td (the ) Tj ET Q q 0 0 0 rg BT 168.51 426.95 Td (new ) Tj ET Q q 0 0 0 rg BT 187.88 426.95 Td (hedge ) Tj ET Q q 0 0 0 rg BT 215.77 426.95 Td (accounting ) Tj ET Q q 0 0 0 rg BT 262.17 426.95 Td (model ) Tj ET Q q 0 0 0 rg BT 289.55 426.95 Td (and ) Tj ET Q q 0 0 0 rg BT 307.43 426.95 Td (expects ) Tj ET Q q 0 0 0 rg BT 341.31 426.95 Td (that ) Tj ET Q q 0 0 0 rg BT 359.19 426.95 Td (existing ) Tj ET Q q 0 0 0 rg BT 392.57 426.95 Td (hedge ) Tj ET Q q 0 0 0 rg BT 420.47 426.95 Td (relationships ) Tj ET Q q 0 0 0 rg BT 473.86 426.95 Td (will ) Tj ET Q q 0 0 0 rg BT 489.22 426.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 526.12 426.95 Td (to ) Tj ET Q q 0 0 0 rg BT 536.49 426.95 Td (qualify ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 413.45 Td (for ) Tj ET Q q 0 0 0 rg BT 85.00 413.45 Td (hedge ) Tj ET Q q 0 0 0 rg BT 112.53 413.45 Td (accounting ) Tj ET Q q 0 0 0 rg BT 158.56 413.45 Td (under ) Tj ET Q q 0 0 0 rg BT 184.08 413.45 Td (this ) Tj ET Q q 0 0 0 rg BT 200.59 413.45 Td (new ) Tj ET Q q 0 0 0 rg BT 219.60 413.45 Td (model.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 393.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.75 393.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 132.50 393.95 Td (is ) Tj ET Q q 0 0 0 rg BT 142.24 393.95 Td (still ) Tj ET Q q 0 0 0 rg BT 158.47 393.95 Td (in ) Tj ET Q q 0 0 0 rg BT 168.71 393.95 Td (the ) Tj ET Q q 0 0 0 rg BT 184.46 393.95 Td (process ) Tj ET Q q 0 0 0 rg BT 219.21 393.95 Td (of ) Tj ET Q q 0 0 0 rg BT 229.95 393.95 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 274.22 393.95 Td (the ) Tj ET Q q 0 0 0 rg BT 289.97 393.95 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 333.73 393.95 Td (requirements ) Tj ET Q q 0 0 0 rg BT 389.49 393.95 Td (of ) Tj ET Q q 0 0 0 rg BT 400.23 393.95 Td (the ) Tj ET Q q 0 0 0 rg BT 415.98 393.95 Td (standard. ) Tj ET Q q 0 0 0 rg BT 456.74 393.95 Td (Based ) Tj ET Q q 0 0 0 rg BT 485.49 393.95 Td (on ) Tj ET Q q 0 0 0 rg BT 498.74 393.95 Td (the ) Tj ET Q q 0 0 0 rg BT 514.49 393.95 Td (assessment ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 380.45 Td (performed ) Tj ET Q q 0 0 0 rg BT 116.58 380.45 Td (to ) Tj ET Q q 0 0 0 rg BT 127.65 380.45 Td (date, ) Tj ET Q q 0 0 0 rg BT 151.23 380.45 Td (the ) Tj ET Q q 0 0 0 rg BT 167.30 380.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 209.38 380.45 Td (does ) Tj ET Q q 0 0 0 rg BT 232.46 380.45 Td (not ) Tj ET Q q 0 0 0 rg BT 248.53 380.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 278.61 380.45 Td (that ) Tj ET Q q 0 0 0 rg BT 297.18 380.45 Td (the ) Tj ET Q q 0 0 0 rg BT 313.25 380.45 Td (adoption ) Tj ET Q q 0 0 0 rg BT 351.35 380.45 Td (of ) Tj ET Q q 0 0 0 rg BT 362.41 380.45 Td (this ) Tj ET Q q 0 0 0 rg BT 379.98 380.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 418.57 380.45 Td (will ) Tj ET Q q 0 0 0 rg BT 434.63 380.45 Td (have ) Tj ET Q q 0 0 0 rg BT 457.70 380.45 Td (a ) Tj ET Q q 0 0 0 rg BT 466.27 380.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 509.85 380.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 539.92 380.45 Td (on ) Tj ET Q q 0 0 0 rg BT 553.50 380.45 Td (its ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 366.95 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 125.04 366.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 160.56 366.95 Td (statements.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 344.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 95.00 344.45 Td (16 ) Tj ET Q q 0 0 0 rg BT 107.51 344.45 Td (- ) Tj ET Q q 0 0 0 rg BT 113.01 344.45 Td (Leases ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 324.95 Td (In ) Tj ET Q q 0 0 0 rg BT 82.05 324.95 Td (January ) Tj ET Q q 0 0 0 rg BT 116.61 324.95 Td (2016, ) Tj ET Q q 0 0 0 rg BT 141.67 324.95 Td (the ) Tj ET Q q 0 0 0 rg BT 156.72 324.95 Td (IASB ) Tj ET Q q 0 0 0 rg BT 179.77 324.95 Td (issued ) Tj ET Q q 0 0 0 rg BT 208.33 324.95 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 231.37 324.95 Td (16,) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 243.88 324.95 Td ( ) Tj ET Q q 0 0 0 rg BT 246.42 324.95 Td (Leases) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 275.44 324.95 Td (, ) Tj ET Q q 0 0 0 rg BT 280.49 324.95 Td (to ) Tj ET Q q 0 0 0 rg BT 290.53 324.95 Td (set ) Tj ET Q q 0 0 0 rg BT 305.08 324.95 Td (out ) Tj ET Q q 0 0 0 rg BT 320.13 324.95 Td (the ) Tj ET Q q 0 0 0 rg BT 335.18 324.95 Td (principles ) Tj ET Q q 0 0 0 rg BT 375.74 324.95 Td (for ) Tj ET Q q 0 0 0 rg BT 388.79 324.95 Td (the ) Tj ET Q q 0 0 0 rg BT 403.84 324.95 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 452.91 324.95 Td (measurement, ) Tj ET Q q 0 0 0 rg BT 512.97 324.95 Td (presentation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 311.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.64 311.45 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 132.78 311.45 Td (of ) Tj ET Q q 0 0 0 rg BT 142.91 311.45 Td (leases ) Tj ET Q q 0 0 0 rg BT 171.56 311.45 Td (for ) Tj ET Q q 0 0 0 rg BT 184.68 311.45 Td (both ) Tj ET Q q 0 0 0 rg BT 204.82 311.45 Td (parties ) Tj ET Q q 0 0 0 rg BT 234.46 311.45 Td (to ) Tj ET Q q 0 0 0 rg BT 244.59 311.45 Td (a ) Tj ET Q q 0 0 0 rg BT 252.22 311.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 276.36 311.45 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 324.35 311.45 Td (The ) Tj ET Q q 0 0 0 rg BT 342.48 311.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 380.13 311.45 Td (supersedes ) Tj ET Q q 0 0 0 rg BT 429.28 311.45 Td (IAS ) Tj ET Q q 0 0 0 rg BT 446.41 311.45 Td (17, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 461.55 311.45 Td (Leases) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.57 311.45 Td (, ) Tj ET Q q 0 0 0 rg BT 495.70 311.45 Td (and ) Tj ET Q q 0 0 0 rg BT 513.34 311.45 Td (other ) Tj ET Q q 0 0 0 rg BT 536.48 311.45 Td (leases ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 297.95 Td (related ) Tj ET Q q 0 0 0 rg BT 102.38 297.95 Td (interpretations, ) Tj ET Q q 0 0 0 rg BT 164.77 297.95 Td (eliminates ) Tj ET Q q 0 0 0 rg BT 208.14 297.95 Td (the ) Tj ET Q q 0 0 0 rg BT 223.51 297.95 Td (classification ) Tj ET Q q 0 0 0 rg BT 277.39 297.95 Td (of ) Tj ET Q q 0 0 0 rg BT 287.76 297.95 Td (leases ) Tj ET Q q 0 0 0 rg BT 316.63 297.95 Td (as ) Tj ET Q q 0 0 0 rg BT 328.99 297.95 Td (either ) Tj ET Q q 0 0 0 rg BT 354.37 297.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 394.75 297.95 Td (leases ) Tj ET Q q 0 0 0 rg BT 423.63 297.95 Td (or ) Tj ET Q q 0 0 0 rg BT 434.49 297.95 Td (finance ) Tj ET Q q 0 0 0 rg BT 466.37 297.95 Td (leases ) Tj ET Q q 0 0 0 rg BT 495.24 297.95 Td (and ) Tj ET Q q 0 0 0 rg BT 513.12 297.95 Td (introduces ) Tj ET Q q 0 0 0 rg BT 557.50 297.95 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 284.45 Td (single ) Tj ET Q q 0 0 0 rg BT 98.24 284.45 Td (lessee ) Tj ET Q q 0 0 0 rg BT 126.98 284.45 Td (accounting ) Tj ET Q q 0 0 0 rg BT 173.24 284.45 Td (model. ) Tj ET Q q 0 0 0 rg BT 202.81 284.45 Td (The ) Tj ET Q q 0 0 0 rg BT 221.04 284.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 258.79 284.45 Td (will ) Tj ET Q q 0 0 0 rg BT 274.02 284.45 Td (be ) Tj ET Q q 0 0 0 rg BT 286.75 284.45 Td (ef) Tj ET Q q 0 0 0 rg BT 294.10 284.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 322.83 284.45 Td (on ) Tj ET Q q 0 0 0 rg BT 335.57 284.45 Td (October ) Tj ET Q q 0 0 0 rg BT 370.31 284.45 Td (1, ) Tj ET Q q 0 0 0 rg BT 380.54 284.45 Td (2019 ) Tj ET Q q 0 0 0 rg BT 403.29 284.45 Td (for ) Tj ET Q q 0 0 0 rg BT 416.52 284.45 Td (the ) Tj ET Q q 0 0 0 rg BT 431.76 284.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 473.00 284.45 Td (with ) Tj ET Q q 0 0 0 rg BT 491.74 284.45 Td (earlier ) Tj ET Q q 0 0 0 rg BT 519.47 284.45 Td (application ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 270.95 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 114.35 270.95 Td (The ) Tj ET Q q 0 0 0 rg BT 132.36 270.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 173.38 270.95 Td (does ) Tj ET Q q 0 0 0 rg BT 195.40 270.95 Td (not ) Tj ET Q q 0 0 0 rg BT 210.41 270.95 Td (plan ) Tj ET Q q 0 0 0 rg BT 229.93 270.95 Td (to ) Tj ET Q q 0 0 0 rg BT 239.93 270.95 Td (adopt ) Tj ET Q q 0 0 0 rg BT 264.96 270.95 Td (the ) Tj ET Q q 0 0 0 rg BT 279.97 270.95 Td (standard ) Tj ET Q q 0 0 0 rg BT 317.49 270.95 Td (earlier) Tj ET Q q 0 0 0 rg BT 342.00 270.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 251.45 Td (When ) Tj ET Q q 0 0 0 rg BT 98.02 251.45 Td (the ) Tj ET Q q 0 0 0 rg BT 113.05 251.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 154.08 251.45 Td (is ) Tj ET Q q 0 0 0 rg BT 163.09 251.45 Td (the ) Tj ET Q q 0 0 0 rg BT 178.11 251.45 Td (lessee, ) Tj ET Q q 0 0 0 rg BT 209.14 251.45 Td (it ) Tj ET Q q 0 0 0 rg BT 216.15 251.45 Td (is ) Tj ET Q q 0 0 0 rg BT 225.16 251.45 Td (expected ) Tj ET Q q 0 0 0 rg BT 264.20 251.45 Td (that ) Tj ET Q q 0 0 0 rg BT 281.72 251.45 Td (the ) Tj ET Q q 0 0 0 rg BT 296.75 251.45 Td (application ) Tj ET Q q 0 0 0 rg BT 342.29 251.45 Td (of ) Tj ET Q q 0 0 0 rg BT 352.31 251.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 375.32 251.45 Td (16 ) Tj ET Q q 0 0 0 rg BT 387.84 251.45 Td (will ) Tj ET Q q 0 0 0 rg BT 402.85 251.45 Td (result ) Tj ET Q q 0 0 0 rg BT 427.37 251.45 Td (in ) Tj ET Q q 0 0 0 rg BT 436.89 251.45 Td (on-balance ) Tj ET Q q 0 0 0 rg BT 483.93 251.45 Td (sheet ) Tj ET Q q 0 0 0 rg BT 508.46 251.45 Td (recognition ) Tj ET Q q 0 0 0 rg BT 555.00 251.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 237.95 Td (most ) Tj ET Q q 0 0 0 rg BT 94.32 237.95 Td (of ) Tj ET Q q 0 0 0 rg BT 104.65 237.95 Td (its ) Tj ET Q q 0 0 0 rg BT 116.47 237.95 Td (lease ) Tj ET Q q 0 0 0 rg BT 140.81 237.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 191.16 237.95 Td (that ) Tj ET Q q 0 0 0 rg BT 208.99 237.95 Td (are ) Tj ET Q q 0 0 0 rg BT 224.82 237.95 Td (currently ) Tj ET Q q 0 0 0 rg BT 262.16 237.95 Td (considered ) Tj ET Q q 0 0 0 rg BT 309.01 237.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 349.36 237.95 Td (leases, ) Tj ET Q q 0 0 0 rg BT 380.69 237.95 Td (which ) Tj ET Q q 0 0 0 rg BT 406.53 237.95 Td (are ) Tj ET Q q 0 0 0 rg BT 422.36 237.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 459.18 237.95 Td (for ) Tj ET Q q 0 0 0 rg BT 472.50 237.95 Td (the ) Tj ET Q q 0 0 0 rg BT 487.84 237.95 Td (rental ) Tj ET Q q 0 0 0 rg BT 513.17 237.95 Td (of ) Tj ET Q q 0 0 0 rg BT 523.50 237.95 Td (premises. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 224.45 Td (The ) Tj ET Q q 0 0 0 rg BT 91.29 224.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 133.58 224.45 Td (also ) Tj ET Q q 0 0 0 rg BT 153.87 224.45 Td (expects ) Tj ET Q q 0 0 0 rg BT 188.66 224.45 Td (a ) Tj ET Q q 0 0 0 rg BT 197.44 224.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 238.24 224.45 Td (of ) Tj ET Q q 0 0 0 rg BT 249.53 224.45 Td (its ) Tj ET Q q 0 0 0 rg BT 262.30 224.45 Td (property ) Tj ET Q q 0 0 0 rg BT 299.10 224.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 323.88 224.45 Td (and ) Tj ET Q q 0 0 0 rg BT 342.67 224.45 Td (an ) Tj ET Q q 0 0 0 rg BT 356.46 224.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 394.25 224.45 Td (of ) Tj ET Q q 0 0 0 rg BT 405.54 224.45 Td (its ) Tj ET Q q 0 0 0 rg BT 418.31 224.45 Td (finance ) Tj ET Q q 0 0 0 rg BT 451.11 224.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 475.90 224.45 Td (and ) Tj ET Q q 0 0 0 rg BT 494.69 224.45 Td (amortization ) Tj ET Q q 0 0 0 rg BT 547.49 224.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 210.95 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 123.53 210.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 160.05 210.95 Td (from ) Tj ET Q q 0 0 0 rg BT 180.55 210.95 Td (the ) Tj ET Q q 0 0 0 rg BT 195.57 210.95 Td (change ) Tj ET Q q 0 0 0 rg BT 227.59 210.95 Td (in ) Tj ET Q q 0 0 0 rg BT 237.10 210.95 Td (the ) Tj ET Q q 0 0 0 rg BT 252.11 210.95 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 301.14 210.95 Td (measurement ) Tj ET Q q 0 0 0 rg BT 358.66 210.95 Td (and ) Tj ET Q q 0 0 0 rg BT 376.18 210.95 Td (presentation ) Tj ET Q q 0 0 0 rg BT 428.22 210.95 Td (of ) Tj ET Q q 0 0 0 rg BT 438.22 210.95 Td (rental ) Tj ET Q q 0 0 0 rg BT 463.24 210.95 Td (expenses. ) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (34) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td (6. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Critical ) Tj ET Q q 0 0 0 rg BT 115.57 706.80 Td (Accounting Estimates) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 694.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 690.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 142.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 690.3 m 228.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 690.3 m 337.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 690.3 m 475.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 690.3 m 561.5 690.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 57.5 686.3 l s BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.50 Td (The ) Tj ET Q q 0 0 0 rg BT 89.56 662.50 Td (Company) Tj ET Q q 0 0 0 rg BT 129.92 662.50 Td (s ) Tj ET Q q 0 0 0 rg BT 136.47 662.50 Td (significant ) Tj ET Q q 0 0 0 rg BT 178.54 662.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 224.13 662.50 Td (policies ) Tj ET Q q 0 0 0 rg BT 256.19 662.50 Td (are ) Tj ET Q q 0 0 0 rg BT 271.25 662.50 Td (described ) Tj ET Q q 0 0 0 rg BT 312.33 662.50 Td (in ) Tj ET Q q 0 0 0 rg BT 321.39 662.50 Td (note ) Tj ET Q q 0 0 0 rg BT 340.95 662.50 Td (3 ) Tj ET Q q 0 0 0 rg BT 348.01 662.50 Td (of ) Tj ET Q q 0 0 0 rg BT 357.57 662.50 Td (the ) Tj ET Q q 0 0 0 rg BT 372.13 662.50 Td (audited ) Tj ET Q q 0 0 0 rg BT 403.71 662.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 456.30 662.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 491.37 662.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 537.45 662.50 Td (for ) Tj ET Q q 0 0 0 rg BT 550.00 662.50 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 649.00 Td (year ) Tj ET Q q 0 0 0 rg BT 91.62 649.00 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 118.76 649.00 Td (September30, ) Tj ET Q q 0 0 0 rg BT 179.91 649.00 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.93 649.00 Td (. ) Tj ET Q q 0 0 0 rg BT 204.55 649.00 Td (Certain ) Tj ET Q q 0 0 0 rg BT 235.67 649.00 Td (of ) Tj ET Q q 0 0 0 rg BT 245.29 649.00 Td (these ) Tj ET Q q 0 0 0 rg BT 269.42 649.00 Td (accounting ) Tj ET Q q 0 0 0 rg BT 315.07 649.00 Td (policies, ) Tj ET Q q 0 0 0 rg BT 349.69 649.00 Td (listed ) Tj ET Q q 0 0 0 rg BT 372.82 649.00 Td (below) Tj ET Q q 0 0 0 rg BT 395.84 649.00 Td (, ) Tj ET Q q 0 0 0 rg BT 400.45 649.00 Td (require ) Tj ET Q q 0 0 0 rg BT 430.58 649.00 Td (management ) Tj ET Q q 0 0 0 rg BT 485.22 649.00 Td (to ) Tj ET Q q 0 0 0 rg BT 494.84 649.00 Td (make ) Tj ET Q q 0 0 0 rg BT 518.96 649.00 Td (accounting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.50 Td (estimates ) Tj ET Q q 0 0 0 rg BT 112.88 635.50 Td (and ) Tj ET Q q 0 0 0 rg BT 130.27 635.50 Td (judgement ) Tj ET Q q 0 0 0 rg BT 174.67 635.50 Td (that ) Tj ET Q q 0 0 0 rg BT 192.05 635.50 Td (af) Tj ET Q q 0 0 0 rg BT 199.39 635.50 Td (fect ) Tj ET Q q 0 0 0 rg BT 216.26 635.50 Td (the ) Tj ET Q q 0 0 0 rg BT 231.14 635.50 Td (reported ) Tj ET Q q 0 0 0 rg BT 267.03 635.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 303.92 635.50 Td (of ) Tj ET Q q 0 0 0 rg BT 313.80 635.50 Td (assets, ) Tj ET Q q 0 0 0 rg BT 344.68 635.50 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 381.06 635.50 Td (and ) Tj ET Q q 0 0 0 rg BT 398.44 635.50 Td (equity ) Tj ET Q q 0 0 0 rg BT 424.83 635.50 Td (and ) Tj ET Q q 0 0 0 rg BT 442.21 635.50 Td (the ) Tj ET Q q 0 0 0 rg BT 457.09 635.50 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 517.50 635.50 Td (disclosures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 622.00 Td (at ) Tj ET Q q 0 0 0 rg BT 81.73 622.00 Td (the ) Tj ET Q q 0 0 0 rg BT 96.46 622.00 Td (date ) Tj ET Q q 0 0 0 rg BT 116.20 622.00 Td (of ) Tj ET Q q 0 0 0 rg BT 125.92 622.00 Td (the ) Tj ET Q q 0 0 0 rg BT 140.65 622.00 Td (audited ) Tj ET Q q 0 0 0 rg BT 172.40 622.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 225.16 622.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 260.40 622.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 306.64 622.00 Td (as ) Tj ET Q q 0 0 0 rg BT 318.37 622.00 Td (well ) Tj ET Q q 0 0 0 rg BT 336.09 622.00 Td (as ) Tj ET Q q 0 0 0 rg BT 347.82 622.00 Td (the ) Tj ET Q q 0 0 0 rg BT 362.55 622.00 Td (reported ) Tj ET Q q 0 0 0 rg BT 398.29 622.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 435.03 622.00 Td (of ) Tj ET Q q 0 0 0 rg BT 444.76 622.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 479.50 622.00 Td (and ) Tj ET Q q 0 0 0 rg BT 496.74 622.00 Td (expenses ) Tj ET Q q 0 0 0 rg BT 537.49 622.00 Td (during ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 608.50 Td (the ) Tj ET Q q 0 0 0 rg BT 86.13 608.50 Td (reporting ) Tj ET Q q 0 0 0 rg BT 123.28 608.50 Td (period. ) Tj ET Q q 0 0 0 rg BT 152.31 608.50 Td (These ) Tj ET Q q 0 0 0 rg BT 178.95 608.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 224.10 608.50 Td (estimates ) Tj ET Q q 0 0 0 rg BT 264.24 608.50 Td (are ) Tj ET Q q 0 0 0 rg BT 278.87 608.50 Td (considered ) Tj ET Q q 0 0 0 rg BT 324.52 608.50 Td (critical ) Tj ET Q q 0 0 0 rg BT 351.65 608.50 Td (because ) Tj ET Q q 0 0 0 rg BT 387.30 608.50 Td (they ) Tj ET Q q 0 0 0 rg BT 405.93 608.50 Td (require ) Tj ET Q q 0 0 0 rg BT 435.57 608.50 Td (management ) Tj ET Q q 0 0 0 rg BT 489.72 608.50 Td (to ) Tj ET Q q 0 0 0 rg BT 498.85 608.50 Td (make ) Tj ET Q q 0 0 0 rg BT 522.48 608.50 Td (subjective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 595.00 Td (and/or ) Tj ET Q q 0 0 0 rg BT 99.77 595.00 Td (complex ) Tj ET Q q 0 0 0 rg BT 135.53 595.00 Td (judgements ) Tj ET Q q 0 0 0 rg BT 184.30 595.00 Td (that ) Tj ET Q q 0 0 0 rg BT 201.56 595.00 Td (are ) Tj ET Q q 0 0 0 rg BT 216.82 595.00 Td (inherently ) Tj ET Q q 0 0 0 rg BT 258.09 595.00 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 297.36 595.00 Td (and ) Tj ET Q q 0 0 0 rg BT 314.62 595.00 Td (because ) Tj ET Q q 0 0 0 rg BT 350.90 595.00 Td (they ) Tj ET Q q 0 0 0 rg BT 370.16 595.00 Td (could ) Tj ET Q q 0 0 0 rg BT 393.92 595.00 Td (have ) Tj ET Q q 0 0 0 rg BT 415.68 595.00 Td (a ) Tj ET Q q 0 0 0 rg BT 422.94 595.00 Td (material ) Tj ET Q q 0 0 0 rg BT 457.19 595.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 485.95 595.00 Td (on ) Tj ET Q q 0 0 0 rg BT 498.21 595.00 Td (the ) Tj ET Q q 0 0 0 rg BT 512.97 595.00 Td (presentation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 581.50 Td (of ) Tj ET Q q 0 0 0 rg BT 82.01 581.50 Td (our ) Tj ET Q q 0 0 0 rg BT 97.51 581.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 133.04 581.50 Td (condition, ) Tj ET Q q 0 0 0 rg BT 174.06 581.50 Td (changes ) Tj ET Q q 0 0 0 rg BT 210.59 581.50 Td (in ) Tj ET Q q 0 0 0 rg BT 220.10 581.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 255.62 581.50 Td (condition ) Tj ET Q q 0 0 0 rg BT 294.14 581.50 Td (or ) Tj ET Q q 0 0 0 rg BT 304.65 581.50 Td (results ) Tj ET Q q 0 0 0 rg BT 333.65 581.50 Td (of ) Tj ET Q q 0 0 0 rg BT 343.66 581.50 Td (operations.) Tj ET Q 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 72.50 565.00 206.00 -27.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 278.50 565.00 71.00 -27.00 re f /GS0 gs 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 349.50 565.00 213.00 -27.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 72.50 538.00 206.00 -28.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 278.50 538.00 71.00 -28.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 349.50 538.00 71.00 -28.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 420.50 538.00 71.00 -28.00 re f /GS0 gs 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 491.50 538.00 71.00 -28.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 510.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 510.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 492.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 492.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 474.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 474.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 456.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 456.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 438.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 438.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 278.50 420.00 71.00 -18.00 re f /GS0 gs 0.6313725490196078 0.7686274509803922 0.8156862745098039 rg /GS0 gs 420.50 420.00 71.00 -18.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 565 m 278.5 565 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 278.5 565 m 349.5 565 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 565 m 420.5 565 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 565 m 491.5 565 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 491.5 565 m 562.5 565 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 510 m 278.5 510 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 492 m 278.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 510 m 349.5 510 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 492 m 349.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 510 m 420.5 510 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 492 m 420.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 510 m 491.5 510 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 492 m 491.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 510 m 562.5 510 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 492 m 562.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 492 m 278.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 474 m 278.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 492 m 349.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 474 m 349.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 492 m 420.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 474 m 420.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 492 m 491.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 474 m 491.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 492 m 562.5 492 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 474 m 562.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 474 m 278.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 456 m 278.5 456 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 474 m 349.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 456 m 349.5 456 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 474 m 420.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 456 m 420.5 456 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 474 m 491.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 456 m 491.5 456 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 474 m 562.5 474 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 456 m 562.5 456 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 456 m 278.5 456 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 438 m 278.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 456 m 349.5 456 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 278.5 438 m 349.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 456 m 420.5 456 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 438 m 420.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 456 m 491.5 456 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 438 m 491.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 456 m 562.5 456 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 491.5 438 m 562.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 438 m 278.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 420 m 278.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 438 m 349.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 420 m 349.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 438 m 420.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 420 m 420.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 438 m 491.5 438 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 420 m 491.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 438 m 562.5 438 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 491.5 420 m 562.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 420 m 278.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 72.5 402 m 278.5 402 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 420 m 349.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 278.5 402 m 349.5 402 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 420 m 420.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 349.5 402 m 420.5 402 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 420 m 491.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 420.5 402 m 491.5 402 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 420 m 562.5 420 l s 0 0 0 RG /GS0 gs 0.25 w 0 i [] 0 d 0 J 0 j 3 M 491.5 402 m 562.5 402 l s BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 75.00 549.48 Td (Areas impacted by estimates) Tj ET Q BT /F2 8.00 Tf ET 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 288.15 559.30 50.67 -7.51 re f /GS0 gs q 1 1 1 rg BT 288.15 553.48 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET 0.6 0.12156862745098039 0.23921568627450981 rg /GS0 gs 284.80 551.30 57.36 -7.51 re f /GS0 gs q 1 1 1 rg BT 284.80 545.48 Td (balance sheets) Tj ET Q BT /F2 8.00 Tf ET q 1 1 1 rg BT 385.25 549.48 Td (Consolidated statements of earnings) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 367.80 521.98 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET 0.6470588235294118 0.6745098039215687 0.7411764705882353 rg /GS0 gs 423.45 535.50 64.03 -7.51 re f /GS0 gs q 0 0 0 rg BT 423.45 529.68 Td (Cost of services,) Tj ET Q BT /F2 8.00 Tf ET 0.6470588235294118 0.6745098039215687 0.7411764705882353 rg /GS0 gs 434.60 527.50 41.79 -7.51 re f /GS0 gs q 0 0 0 rg BT 434.60 521.68 Td (selling and) Tj ET Q BT /F2 8.00 Tf ET 0.6470588235294118 0.6745098039215687 0.7411764705882353 rg /GS0 gs 428.35 519.50 54.24 -7.51 re f /GS0 gs q 0 0 0 rg BT 428.35 513.68 Td (administrative) Tj ET Q BT /F2 8.00 Tf ET 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 512.45 531.80 28.01 -7.51 re f /GS0 gs q 0 0 0 rg BT 512.45 525.98 Td (Income) Tj ET Q BT /F2 8.00 Tf ET 0.6470588235294118 0.6745098039215687 0.6901960784313725 rg /GS0 gs 516.25 523.80 20.46 -7.51 re f /GS0 gs q 0 0 0 rg BT 516.25 517.98 Td (taxes) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 498.98 Td (Revenue recognition ) Tj ET Q BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 150.61 502.79 Td (1) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 497.74 cm /I11 Do Q /GS0 gs q 7.86 0 0 10.76 380.55 497.74 cm /I12 Do Q /GS0 gs q 7.86 0 0 10.76 451.55 497.74 cm /I13 Do Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 480.98 Td (Estimated losses on revenue-generating contracts) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 479.74 cm /I14 Do Q /GS0 gs q 7.86 0 0 10.76 451.55 479.74 cm /I15 Do Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 462.98 Td (Goodwill impairment) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 461.74 cm /I16 Do Q /GS0 gs q 7.86 0 0 10.76 451.55 461.74 cm /I17 Do Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 444.98 Td (Business combinations) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 443.74 cm /I18 Do Q /GS0 gs q 7.86 0 0 10.76 380.55 443.74 cm /I19 Do Q /GS0 gs q 7.86 0 0 10.76 451.55 443.74 cm /I20 Do Q /GS0 gs q 7.86 0 0 10.76 522.55 443.74 cm /I21 Do Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 426.98 Td (Income taxes) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 425.74 cm /I22 Do Q /GS0 gs q 7.86 0 0 10.76 522.55 425.74 cm /I23 Do Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 75.00 408.98 Td (Litigation and claims) Tj ET Q /GS0 gs q 7.86 0 0 10.76 309.55 407.74 cm /I24 Do Q /GS0 gs q 7.86 0 0 10.76 380.55 407.74 cm /I25 Do Q /GS0 gs q 7.86 0 0 10.76 451.55 407.74 cm /I26 Do Q BT /F1 10.00 Tf ET BT /F3 7.00 Tf ET BT /F3 4.55 Tf ET q 0 0 0 rg BT 72.00 391.44 Td (1 ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 85.50 388.10 Td (Af) Tj ET Q q 0 0 0 rg BT 91.99 388.10 Td (fects the balance sheet through accounts receivable, work in progress and deferred revenue.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 73.5 364.316796875 m 156.0556640625 364.316796875 l s q 0 0 0 rg BT 73.50 365.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 112.03 365.60 Td (recognition) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 346.10 Td (Relative ) Tj ET Q q 0 0 0 rg BT 107.02 346.10 Td (selling ) Tj ET Q q 0 0 0 rg BT 135.03 346.10 Td (price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 326.60 Td (If ) Tj ET Q q 0 0 0 rg BT 78.90 326.60 Td (an ) Tj ET Q q 0 0 0 rg BT 91.30 326.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 144.73 326.60 Td (involves ) Tj ET Q q 0 0 0 rg BT 179.64 326.60 Td (the ) Tj ET Q q 0 0 0 rg BT 194.54 326.60 Td (provision ) Tj ET Q q 0 0 0 rg BT 232.96 326.60 Td (of ) Tj ET Q q 0 0 0 rg BT 242.86 326.60 Td (multiple ) Tj ET Q q 0 0 0 rg BT 276.27 326.60 Td (components, ) Tj ET Q q 0 0 0 rg BT 330.19 326.60 Td (the ) Tj ET Q q 0 0 0 rg BT 345.10 326.60 Td (total ) Tj ET Q q 0 0 0 rg BT 364.51 326.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 417.93 326.60 Td (value ) Tj ET Q q 0 0 0 rg BT 441.84 326.60 Td (is ) Tj ET Q q 0 0 0 rg BT 450.74 326.60 Td (allocated ) Tj ET Q q 0 0 0 rg BT 489.16 326.60 Td (to ) Tj ET Q q 0 0 0 rg BT 499.06 326.60 Td (each ) Tj ET Q q 0 0 0 rg BT 520.97 326.60 Td (separately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 313.10 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 116.18 313.10 Td (component ) Tj ET Q q 0 0 0 rg BT 162.35 313.10 Td (based ) Tj ET Q q 0 0 0 rg BT 188.52 313.10 Td (on ) Tj ET Q q 0 0 0 rg BT 200.18 313.10 Td (its ) Tj ET Q q 0 0 0 rg BT 210.82 313.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 241.48 313.10 Td (selling ) Tj ET Q q 0 0 0 rg BT 268.64 313.10 Td (price ) Tj ET Q q 0 0 0 rg BT 289.80 313.10 Td (at ) Tj ET Q q 0 0 0 rg BT 298.95 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.10 313.10 Td (inception ) Tj ET Q q 0 0 0 rg BT 350.78 313.10 Td (of ) Tj ET Q q 0 0 0 rg BT 359.93 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 374.09 313.10 Td (contract. ) Tj ET Q q 0 0 0 rg BT 409.92 313.10 Td (At ) Tj ET Q q 0 0 0 rg BT 420.07 313.10 Td (least ) Tj ET Q q 0 0 0 rg BT 440.73 313.10 Td (on ) Tj ET Q q 0 0 0 rg BT 452.38 313.10 Td (a ) Tj ET Q q 0 0 0 rg BT 459.03 313.10 Td (yearly ) Tj ET Q q 0 0 0 rg BT 484.69 313.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 509.84 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.00 313.10 Td (Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 299.60 Td (reviews ) Tj ET Q q 0 0 0 rg BT 103.92 299.60 Td (its ) Tj ET Q q 0 0 0 rg BT 114.84 299.60 Td (best ) Tj ET Q q 0 0 0 rg BT 133.77 299.60 Td (estimate ) Tj ET Q q 0 0 0 rg BT 169.70 299.60 Td (of ) Tj ET Q q 0 0 0 rg BT 179.13 299.60 Td (the ) Tj ET Q q 0 0 0 rg BT 193.56 299.60 Td (selling ) Tj ET Q q 0 0 0 rg BT 220.99 299.60 Td (price ) Tj ET Q q 0 0 0 rg BT 242.41 299.60 Td (which ) Tj ET Q q 0 0 0 rg BT 267.34 299.60 Td (is ) Tj ET Q q 0 0 0 rg BT 275.76 299.60 Td (established ) Tj ET Q q 0 0 0 rg BT 323.21 299.60 Td (by ) Tj ET Q q 0 0 0 rg BT 334.63 299.60 Td (using ) Tj ET Q q 0 0 0 rg BT 358.07 299.60 Td (a ) Tj ET Q q 0 0 0 rg BT 364.99 299.60 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 411.44 299.60 Td (range ) Tj ET Q q 0 0 0 rg BT 436.38 299.60 Td (of ) Tj ET Q q 0 0 0 rg BT 445.80 299.60 Td (prices ) Tj ET Q q 0 0 0 rg BT 471.73 299.60 Td (for ) Tj ET Q q 0 0 0 rg BT 484.15 299.60 Td (the ) Tj ET Q q 0 0 0 rg BT 498.58 299.60 Td (various ) Tj ET Q q 0 0 0 rg BT 529.51 299.60 Td (services ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 286.10 Td (and ) Tj ET Q q 0 0 0 rg BT 88.63 286.10 Td (products ) Tj ET Q q 0 0 0 rg BT 125.26 286.10 Td (of) Tj ET Q q 0 0 0 rg BT 132.60 286.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 155.22 286.10 Td (by ) Tj ET Q q 0 0 0 rg BT 166.84 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.46 286.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 222.09 286.10 Td (based ) Tj ET Q q 0 0 0 rg BT 248.72 286.10 Td (on ) Tj ET Q q 0 0 0 rg BT 260.85 286.10 Td (local ) Tj ET Q q 0 0 0 rg BT 281.47 286.10 Td (market ) Tj ET Q q 0 0 0 rg BT 311.08 286.10 Td (information ) Tj ET Q q 0 0 0 rg BT 357.71 286.10 Td (available. ) Tj ET Q q 0 0 0 rg BT 397.85 286.10 Td (Information ) Tj ET Q q 0 0 0 rg BT 444.98 286.10 Td (used ) Tj ET Q q 0 0 0 rg BT 466.61 286.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.73 286.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 524.86 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 539.49 286.10 Td (range ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 272.60 Td (is ) Tj ET Q q 0 0 0 rg BT 79.80 272.60 Td (mainly ) Tj ET Q q 0 0 0 rg BT 107.62 272.60 Td (based ) Tj ET Q q 0 0 0 rg BT 133.94 272.60 Td (on ) Tj ET Q q 0 0 0 rg BT 145.76 272.60 Td (recent ) Tj ET Q q 0 0 0 rg BT 172.58 272.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 210.89 272.60 Td (signed ) Tj ET Q q 0 0 0 rg BT 239.22 272.60 Td (and ) Tj ET Q q 0 0 0 rg BT 256.04 272.60 Td (the ) Tj ET Q q 0 0 0 rg BT 270.36 272.60 Td (economic ) Tj ET Q q 0 0 0 rg BT 310.68 272.60 Td (environment. ) Tj ET Q q 0 0 0 rg BT 364.15 272.60 Td (A) Tj ET Q q 0 0 0 rg BT 369.66 272.60 Td ( ) Tj ET Q q 0 0 0 rg BT 371.46 272.60 Td (change ) Tj ET Q q 0 0 0 rg BT 402.80 272.60 Td (in ) Tj ET Q q 0 0 0 rg BT 411.60 272.60 Td (the ) Tj ET Q q 0 0 0 rg BT 425.92 272.60 Td (range ) Tj ET Q q 0 0 0 rg BT 450.74 272.60 Td (could ) Tj ET Q q 0 0 0 rg BT 474.06 272.60 Td (have ) Tj ET Q q 0 0 0 rg BT 495.39 272.60 Td (a ) Tj ET Q q 0 0 0 rg BT 502.20 272.60 Td (material ) Tj ET Q q 0 0 0 rg BT 536.01 272.60 Td (impact ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 259.10 Td (on ) Tj ET Q q 0 0 0 rg BT 84.01 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 99.02 259.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 139.55 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.56 259.10 Td (total ) Tj ET Q q 0 0 0 rg BT 169.07 259.10 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 222.60 259.10 Td (value, ) Tj ET Q q 0 0 0 rg BT 249.11 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 266.63 259.10 Td (therefore ) Tj ET Q q 0 0 0 rg BT 305.15 259.10 Td (on ) Tj ET Q q 0 0 0 rg BT 317.66 259.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.68 259.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 365.20 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.71 259.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 409.22 259.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.23 259.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 454.25 259.10 Td (recognition.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 71.50 239.60 Td (System ) Tj ET Q q 0 0 0 rg BT 104.01 239.60 Td (integration ) Tj ET Q q 0 0 0 rg BT 148.54 239.60 Td (and ) Tj ET Q q 0 0 0 rg BT 166.05 239.60 Td (consulting ) Tj ET Q q 0 0 0 rg BT 209.08 239.60 Td (services ) Tj ET Q q 0 0 0 rg BT 244.59 239.60 Td (under ) Tj ET Q q 0 0 0 rg BT 270.11 239.60 Td (fixed-fee ) Tj ET Q q 0 0 0 rg BT 307.13 239.60 Td (arrangements) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 220.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 112.76 220.10 Td (from ) Tj ET Q q 0 0 0 rg BT 135.99 220.10 Td (system ) Tj ET Q q 0 0 0 rg BT 169.73 220.10 Td (integration ) Tj ET Q q 0 0 0 rg BT 216.99 220.10 Td (and ) Tj ET Q q 0 0 0 rg BT 237.24 220.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 283.00 220.10 Td (services ) Tj ET Q q 0 0 0 rg BT 321.24 220.10 Td (under ) Tj ET Q q 0 0 0 rg BT 349.49 220.10 Td (fixed-fee ) Tj ET Q q 0 0 0 rg BT 389.25 220.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 450.01 220.10 Td (where ) Tj ET Q q 0 0 0 rg BT 479.76 220.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.50 220.10 Td (outcome ) Tj ET Q q 0 0 0 rg BT 537.25 220.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.99 220.10 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 206.60 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 129.62 206.60 Td (can ) Tj ET Q q 0 0 0 rg BT 146.72 206.60 Td (be ) Tj ET Q q 0 0 0 rg BT 159.32 206.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 200.92 206.60 Td (reliably ) Tj ET Q q 0 0 0 rg BT 232.02 206.60 Td (is ) Tj ET Q q 0 0 0 rg BT 241.11 206.60 Td (recognized ) Tj ET Q q 0 0 0 rg BT 287.73 206.60 Td (using ) Tj ET Q q 0 0 0 rg BT 311.83 206.60 Td (the ) Tj ET Q q 0 0 0 rg BT 326.93 206.60 Td (percentage-of-completion ) Tj ET Q q 0 0 0 rg BT 431.58 206.60 Td (method ) Tj ET Q q 0 0 0 rg BT 464.19 206.60 Td (over ) Tj ET Q q 0 0 0 rg BT 484.28 206.60 Td (the ) Tj ET Q q 0 0 0 rg BT 499.38 206.60 Td (service ) Tj ET Q q 0 0 0 rg BT 530.48 206.60 Td (periods. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 193.10 Td (The ) Tj ET Q q 0 0 0 rg BT 89.93 193.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.38 193.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 168.30 193.10 Td (uses ) Tj ET Q q 0 0 0 rg BT 190.23 193.10 Td (labour ) Tj ET Q q 0 0 0 rg BT 218.18 193.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 243.61 193.10 Td (or ) Tj ET Q q 0 0 0 rg BT 254.54 193.10 Td (labour ) Tj ET Q q 0 0 0 rg BT 282.48 193.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 306.41 193.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.84 193.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 354.78 193.10 Td (the ) Tj ET Q q 0 0 0 rg BT 370.22 193.10 Td (progress ) Tj ET Q q 0 0 0 rg BT 408.16 193.10 Td (towards ) Tj ET Q q 0 0 0 rg BT 442.60 193.10 Td (completion. ) Tj ET Q q 0 0 0 rg BT 491.55 193.10 Td (Project ) Tj ET Q q 0 0 0 rg BT 522.48 193.10 Td (managers ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 179.60 Td (monitor ) Tj ET Q q 0 0 0 rg BT 104.17 179.60 Td (and ) Tj ET Q q 0 0 0 rg BT 121.85 179.60 Td (re-evaluate ) Tj ET Q q 0 0 0 rg BT 169.54 179.60 Td (project ) Tj ET Q q 0 0 0 rg BT 199.22 179.60 Td (forecasts ) Tj ET Q q 0 0 0 rg BT 238.40 179.60 Td (on ) Tj ET Q q 0 0 0 rg BT 251.07 179.60 Td (a ) Tj ET Q q 0 0 0 rg BT 258.74 179.60 Td (monthly ) Tj ET Q q 0 0 0 rg BT 292.91 179.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 319.09 179.60 Td (Forecasts ) Tj ET Q q 0 0 0 rg BT 361.26 179.60 Td (are ) Tj ET Q q 0 0 0 rg BT 376.93 179.60 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 415.61 179.60 Td (to ) Tj ET Q q 0 0 0 rg BT 425.78 179.60 Td (consider ) Tj ET Q q 0 0 0 rg BT 462.46 179.60 Td (factors ) Tj ET Q q 0 0 0 rg BT 492.14 179.60 Td (such ) Tj ET Q q 0 0 0 rg BT 513.81 179.60 Td (as: ) Tj ET Q q 0 0 0 rg BT 528.48 179.60 Td (changes ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 166.10 Td (to ) Tj ET Q q 0 0 0 rg BT 81.45 166.10 Td (the ) Tj ET Q q 0 0 0 rg BT 96.40 166.10 Td (scope ) Tj ET Q q 0 0 0 rg BT 122.86 166.10 Td (of ) Tj ET Q q 0 0 0 rg BT 132.81 166.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.76 166.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 189.22 166.10 Td (delays ) Tj ET Q q 0 0 0 rg BT 217.68 166.10 Td (in ) Tj ET Q q 0 0 0 rg BT 227.13 166.10 Td (reaching ) Tj ET Q q 0 0 0 rg BT 264.09 166.10 Td (milestones ) Tj ET Q q 0 0 0 rg BT 309.56 166.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.01 166.10 Td (new ) Tj ET Q q 0 0 0 rg BT 345.97 166.10 Td (complexities ) Tj ET Q q 0 0 0 rg BT 397.93 166.10 Td (in ) Tj ET Q q 0 0 0 rg BT 407.38 166.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.33 166.10 Td (project ) Tj ET Q q 0 0 0 rg BT 451.79 166.10 Td (delivery) Tj ET Q q 0 0 0 rg BT 482.13 166.10 Td (. ) Tj ET Q q 0 0 0 rg BT 487.07 166.10 Td (Forecasts ) Tj ET Q q 0 0 0 rg BT 529.03 166.10 Td (can ) Tj ET Q q 0 0 0 rg BT 545.98 166.10 Td (also ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 152.60 Td (be ) Tj ET Q q 0 0 0 rg BT 85.62 152.60 Td (af) Tj ET Q q 0 0 0 rg BT 92.96 152.60 Td (fected ) Tj ET Q q 0 0 0 rg BT 121.59 152.60 Td (by ) Tj ET Q q 0 0 0 rg BT 135.20 152.60 Td (market ) Tj ET Q q 0 0 0 rg BT 166.82 152.60 Td (risks ) Tj ET Q q 0 0 0 rg BT 189.43 152.60 Td (such ) Tj ET Q q 0 0 0 rg BT 212.55 152.60 Td (as ) Tj ET Q q 0 0 0 rg BT 226.16 152.60 Td (the ) Tj ET Q q 0 0 0 rg BT 242.78 152.60 Td (availability ) Tj ET Q q 0 0 0 rg BT 288.41 152.60 Td (and ) Tj ET Q q 0 0 0 rg BT 307.54 152.60 Td (retention ) Tj ET Q q 0 0 0 rg BT 346.67 152.60 Td (of ) Tj ET Q q 0 0 0 rg BT 358.28 152.60 Td (qualified ) Tj ET Q q 0 0 0 rg BT 395.92 152.60 Td (IT) Tj ET Q q 0 0 0 rg BT 403.75 152.60 Td ( ) Tj ET Q q 0 0 0 rg BT 407.86 152.60 Td (professionals ) Tj ET Q q 0 0 0 rg BT 465.00 152.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 494.63 152.60 Td (the ) Tj ET Q q 0 0 0 rg BT 511.25 152.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 538.37 152.60 Td (of ) Tj ET Q q 0 0 0 rg BT 549.99 152.60 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 139.10 Td (subcontractors ) Tj ET Q q 0 0 0 rg BT 133.11 139.10 Td (to ) Tj ET Q q 0 0 0 rg BT 143.20 139.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 176.79 139.10 Td (their ) Tj ET Q q 0 0 0 rg BT 196.88 139.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 237.99 139.10 Td (within ) Tj ET Q q 0 0 0 rg BT 263.58 139.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 294.19 139.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 316.80 139.10 Td (budget ) Tj ET Q q 0 0 0 rg BT 346.91 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 364.50 139.10 Td (timeframes. ) Tj ET Q q 0 0 0 rg BT 413.93 139.10 Td (T) Tj ET Q q 0 0 0 rg BT 418.43 139.10 Td (o ) Tj ET Q q 0 0 0 rg BT 426.01 139.10 Td (the ) Tj ET Q q 0 0 0 rg BT 441.11 139.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 468.21 139.10 Td (that ) Tj ET Q q 0 0 0 rg BT 485.80 139.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 512.40 139.10 Td (labour ) Tj ET Q q 0 0 0 rg BT 540.00 139.10 Td (hours ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 125.60 Td (or ) Tj ET Q q 0 0 0 rg BT 82.18 125.60 Td (labour ) Tj ET Q q 0 0 0 rg BT 109.87 125.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 133.54 125.60 Td (could ) Tj ET Q q 0 0 0 rg BT 157.73 125.60 Td (vary ) Tj ET Q q 0 0 0 rg BT 177.41 125.60 Td (from ) Tj ET Q q 0 0 0 rg BT 198.08 125.60 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 241.77 125.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 292.97 125.60 Td (to ) Tj ET Q q 0 0 0 rg BT 303.14 125.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 338.34 125.60 Td (following ) Tj ET Q q 0 0 0 rg BT 376.03 125.60 Td (the ) Tj ET Q q 0 0 0 rg BT 391.22 125.60 Td (review ) Tj ET Q q 0 0 0 rg BT 419.90 125.60 Td (of ) Tj ET Q q 0 0 0 rg BT 430.08 125.60 Td (the ) Tj ET Q q 0 0 0 rg BT 445.26 125.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 468.94 125.60 Td (to ) Tj ET Q q 0 0 0 rg BT 479.12 125.60 Td (complete ) Tj ET Q q 0 0 0 rg BT 518.31 125.60 Td (on ) Tj ET Q q 0 0 0 rg BT 530.99 125.60 Td (projects ) Tj ET Q q 0 0 0 rg BT 565.01 125.60 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 112.10 Td (are ) Tj ET Q q 0 0 0 rg BT 86.78 112.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 123.57 112.10 Td (in ) Tj ET Q q 0 0 0 rg BT 132.85 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.63 112.10 Td (period ) Tj ET Q q 0 0 0 rg BT 174.92 112.10 Td (in ) Tj ET Q q 0 0 0 rg BT 184.20 112.10 Td (which ) Tj ET Q q 0 0 0 rg BT 209.48 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 224.26 112.10 Td (facts ) Tj ET Q q 0 0 0 rg BT 245.54 112.10 Td (that ) Tj ET Q q 0 0 0 rg BT 262.82 112.10 Td (give ) Tj ET Q q 0 0 0 rg BT 281.61 112.10 Td (rise ) Tj ET Q q 0 0 0 rg BT 298.38 112.10 Td (to ) Tj ET Q q 0 0 0 rg BT 308.16 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 322.94 112.10 Td (revision ) Tj ET Q q 0 0 0 rg BT 356.23 112.10 Td (occur) Tj ET Q q 0 0 0 rg BT 377.74 112.10 Td (. ) Tj ET Q q 0 0 0 rg BT 382.51 112.10 Td (Whenever ) Tj ET Q q 0 0 0 rg BT 425.80 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 440.58 112.10 Td (total ) Tj ET Q q 0 0 0 rg BT 459.87 112.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 483.14 112.10 Td (are ) Tj ET Q q 0 0 0 rg BT 498.42 112.10 Td (forecasted ) Tj ET Q q 0 0 0 rg BT 542.72 112.10 Td (to ) Tj ET Q q 0 0 0 rg BT 552.50 112.10 Td (be ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 98.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 99.02 98.60 Td (than ) Tj ET Q q 0 0 0 rg BT 119.04 98.60 Td (the ) Tj ET Q q 0 0 0 rg BT 134.05 98.60 Td (total ) Tj ET Q q 0 0 0 rg BT 153.56 98.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 191.08 98.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 232.60 98.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 260.61 98.60 Td (on ) Tj ET Q q 0 0 0 rg BT 273.13 98.60 Td (revenue-generating ) Tj ET Q q 0 0 0 rg BT 353.68 98.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 392.70 98.60 Td (is ) Tj ET Q q 0 0 0 rg BT 401.70 98.60 Td (accounted ) Tj ET Q q 0 0 0 rg BT 445.73 98.60 Td (for ) Tj ET Q q 0 0 0 rg BT 458.73 98.60 Td (as ) Tj ET Q q 0 0 0 rg BT 470.74 98.60 Td (described ) Tj ET Q q 0 0 0 rg BT 512.26 98.60 Td (below) Tj ET Q q 0 0 0 rg BT 535.28 98.60 Td (.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (35) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 707.666796875 m 272.109375 707.666796875 l s q 0 0 0 rg BT 72.00 708.95 Td (Estimated ) Tj ET Q q 0 0 0 rg BT 114.52 708.95 Td (losses ) Tj ET Q q 0 0 0 rg BT 142.53 708.95 Td (on ) Tj ET Q q 0 0 0 rg BT 155.04 708.95 Td (revenue-generating ) Tj ET Q q 0 0 0 rg BT 235.60 708.95 Td (contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 689.45 Td (Estimated ) Tj ET Q q 0 0 0 rg BT 114.66 689.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 143.31 689.45 Td (on ) Tj ET Q q 0 0 0 rg BT 156.46 689.45 Td (revenue-generating ) Tj ET Q q 0 0 0 rg BT 237.65 689.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 277.31 689.45 Td (may ) Tj ET Q q 0 0 0 rg BT 297.45 689.45 Td (occur ) Tj ET Q q 0 0 0 rg BT 322.60 689.45 Td (due ) Tj ET Q q 0 0 0 rg BT 340.75 689.45 Td (to ) Tj ET Q q 0 0 0 rg BT 351.40 689.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 393.07 689.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 428.23 689.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 452.37 689.45 Td (which ) Tj ET Q q 0 0 0 rg BT 478.52 689.45 Td (were ) Tj ET Q q 0 0 0 rg BT 501.17 689.45 Td (not ) Tj ET Q q 0 0 0 rg BT 516.82 689.45 Td (foreseen ) Tj ET Q q 0 0 0 rg BT 554.99 689.45 Td (at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 675.95 Td (inception ) Tj ET Q q 0 0 0 rg BT 110.91 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 121.80 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 137.69 675.95 Td (contract. ) Tj ET Q q 0 0 0 rg BT 175.59 675.95 Td (Projects ) Tj ET Q q 0 0 0 rg BT 211.48 675.95 Td (and ) Tj ET Q q 0 0 0 rg BT 229.88 675.95 Td (services ) Tj ET Q q 0 0 0 rg BT 266.27 675.95 Td (are ) Tj ET Q q 0 0 0 rg BT 282.65 675.95 Td (monitored ) Tj ET Q q 0 0 0 rg BT 326.06 675.95 Td (by ) Tj ET Q q 0 0 0 rg BT 338.94 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 354.84 675.95 Td (project ) Tj ET Q q 0 0 0 rg BT 385.23 675.95 Td (managers ) Tj ET Q q 0 0 0 rg BT 428.64 675.95 Td (on ) Tj ET Q q 0 0 0 rg BT 442.03 675.95 Td (a ) Tj ET Q q 0 0 0 rg BT 450.42 675.95 Td (monthly ) Tj ET Q q 0 0 0 rg BT 485.31 675.95 Td (basis. ) Tj ET Q q 0 0 0 rg BT 512.20 675.95 Td (Some ) Tj ET Q q 0 0 0 rg BT 539.10 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 549.98 675.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 662.45 Td (indicators ) Tj ET Q q 0 0 0 rg BT 112.47 662.45 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 150.94 662.45 Td (are: ) Tj ET Q q 0 0 0 rg BT 168.91 662.45 Td (current ) Tj ET Q q 0 0 0 rg BT 199.37 662.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 234.85 662.45 Td (results, ) Tj ET Q q 0 0 0 rg BT 266.31 662.45 Td (delays ) Tj ET Q q 0 0 0 rg BT 294.78 662.45 Td (in ) Tj ET Q q 0 0 0 rg BT 304.24 662.45 Td (reaching ) Tj ET Q q 0 0 0 rg BT 341.21 662.45 Td (milestones, ) Tj ET Q q 0 0 0 rg BT 389.19 662.45 Td (new ) Tj ET Q q 0 0 0 rg BT 408.15 662.45 Td (complexities ) Tj ET Q q 0 0 0 rg BT 460.12 662.45 Td (in ) Tj ET Q q 0 0 0 rg BT 469.58 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 484.55 662.45 Td (project ) Tj ET Q q 0 0 0 rg BT 514.01 662.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 547.48 662.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 648.95 Td (third ) Tj ET Q q 0 0 0 rg BT 91.51 648.95 Td (party ) Tj ET Q q 0 0 0 rg BT 114.02 648.95 Td (deliverables ) Tj ET Q q 0 0 0 rg BT 164.55 648.95 Td (and ) Tj ET Q q 0 0 0 rg BT 182.06 648.95 Td (estimated ) Tj ET Q q 0 0 0 rg BT 223.58 648.95 Td (costs.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 629.45 Td (In ) Tj ET Q q 0 0 0 rg BT 82.04 629.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 119.11 629.45 Td (CGI) Tj ET Q q 0 0 0 rg BT 136.94 629.45 Td (s ) Tj ET Q q 0 0 0 rg BT 144.48 629.45 Td (Engagement ) Tj ET Q q 0 0 0 rg BT 197.95 629.45 Td (Assessment ) Tj ET Q q 0 0 0 rg BT 250.00 629.45 Td (Services ) Tj ET Q q 0 0 0 rg BT 287.55 629.45 Td (\(EAS\) ) Tj ET Q q 0 0 0 rg BT 314.59 629.45 Td (team ) Tj ET Q q 0 0 0 rg BT 337.64 629.45 Td (conducts ) Tj ET Q q 0 0 0 rg BT 376.69 629.45 Td (a ) Tj ET Q q 0 0 0 rg BT 384.74 629.45 Td (formal ) Tj ET Q q 0 0 0 rg BT 412.78 629.45 Td (monthly ) Tj ET Q q 0 0 0 rg BT 447.33 629.45 Td (health ) Tj ET Q q 0 0 0 rg BT 474.89 629.45 Td (check ) Tj ET Q q 0 0 0 rg BT 501.43 629.45 Td (assessment ) Tj ET Q q 0 0 0 rg BT 552.49 629.45 Td (on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 615.95 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.34 615.95 Td (s ) Tj ET Q q 0 0 0 rg BT 96.09 615.95 Td (project ) Tj ET Q q 0 0 0 rg BT 125.35 615.95 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 159.62 615.95 Td (for ) Tj ET Q q 0 0 0 rg BT 172.38 615.95 Td (all ) Tj ET Q q 0 0 0 rg BT 183.63 615.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 222.40 615.95 Td (that ) Tj ET Q q 0 0 0 rg BT 239.66 615.95 Td (have ) Tj ET Q q 0 0 0 rg BT 261.43 615.95 Td (a ) Tj ET Q q 0 0 0 rg BT 268.69 615.95 Td (value ) Tj ET Q q 0 0 0 rg BT 292.45 615.95 Td (above ) Tj ET Q q 0 0 0 rg BT 319.23 615.95 Td (an ) Tj ET Q q 0 0 0 rg BT 331.49 615.95 Td (established ) Tj ET Q q 0 0 0 rg BT 379.27 615.95 Td (threshold. ) Tj ET Q q 0 0 0 rg BT 420.90 615.95 Td (The ) Tj ET Q q 0 0 0 rg BT 438.66 615.95 Td (reviews ) Tj ET Q q 0 0 0 rg BT 471.42 615.95 Td (are ) Tj ET Q q 0 0 0 rg BT 486.68 615.95 Td (based ) Tj ET Q q 0 0 0 rg BT 513.45 615.95 Td (on ) Tj ET Q q 0 0 0 rg BT 525.71 615.95 Td (a ) Tj ET Q q 0 0 0 rg BT 532.97 615.95 Td (defined ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 602.45 Td (set ) Tj ET Q q 0 0 0 rg BT 85.11 602.45 Td (of ) Tj ET Q q 0 0 0 rg BT 94.22 602.45 Td (risk ) Tj ET Q q 0 0 0 rg BT 109.82 602.45 Td (dimensions ) Tj ET Q q 0 0 0 rg BT 156.94 602.45 Td (and ) Tj ET Q q 0 0 0 rg BT 173.56 602.45 Td (assessment ) Tj ET Q q 0 0 0 rg BT 223.18 602.45 Td (categories ) Tj ET Q q 0 0 0 rg BT 266.31 602.45 Td (that ) Tj ET Q q 0 0 0 rg BT 282.93 602.45 Td (results ) Tj ET Q q 0 0 0 rg BT 311.04 602.45 Td (in ) Tj ET Q q 0 0 0 rg BT 319.65 602.45 Td (detailed ) Tj ET Q q 0 0 0 rg BT 352.77 602.45 Td (reports ) Tj ET Q q 0 0 0 rg BT 382.39 602.45 Td (containing ) Tj ET Q q 0 0 0 rg BT 425.02 602.45 Td (actual ) Tj ET Q q 0 0 0 rg BT 450.64 602.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 483.26 602.45 Td (and ) Tj ET Q q 0 0 0 rg BT 499.88 602.45 Td (current ) Tj ET Q q 0 0 0 rg BT 529.49 602.45 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 588.95 Td (status ) Tj ET Q q 0 0 0 rg BT 97.78 588.95 Td (which ) Tj ET Q q 0 0 0 rg BT 123.05 588.95 Td (are ) Tj ET Q q 0 0 0 rg BT 138.32 588.95 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 176.60 588.95 Td (with ) Tj ET Q q 0 0 0 rg BT 194.87 588.95 Td (the ) Tj ET Q q 0 0 0 rg BT 209.65 588.95 Td (executive ) Tj ET Q q 0 0 0 rg BT 249.93 588.95 Td (management. ) Tj ET Q q 0 0 0 rg BT 307.23 588.95 Td (Due ) Tj ET Q q 0 0 0 rg BT 326.00 588.95 Td (to ) Tj ET Q q 0 0 0 rg BT 335.77 588.95 Td (the ) Tj ET Q q 0 0 0 rg BT 350.54 588.95 Td (variability ) Tj ET Q q 0 0 0 rg BT 390.32 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 400.09 588.95 Td (the ) Tj ET Q q 0 0 0 rg BT 414.86 588.95 Td (indicators ) Tj ET Q q 0 0 0 rg BT 455.65 588.95 Td (reviewed, ) Tj ET Q q 0 0 0 rg BT 496.43 588.95 Td (and ) Tj ET Q q 0 0 0 rg BT 513.71 588.95 Td (because ) Tj ET Q q 0 0 0 rg BT 550.00 588.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 575.45 Td (estimates ) Tj ET Q q 0 0 0 rg BT 112.51 575.45 Td (are ) Tj ET Q q 0 0 0 rg BT 128.02 575.45 Td (based ) Tj ET Q q 0 0 0 rg BT 155.04 575.45 Td (on ) Tj ET Q q 0 0 0 rg BT 167.56 575.45 Td (many ) Tj ET Q q 0 0 0 rg BT 192.06 575.45 Td (variables, ) Tj ET Q q 0 0 0 rg BT 233.08 575.45 Td (estimated ) Tj ET Q q 0 0 0 rg BT 274.60 575.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 302.61 575.45 Td (on ) Tj ET Q q 0 0 0 rg BT 315.12 575.45 Td (revenue-generating ) Tj ET Q q 0 0 0 rg BT 395.68 575.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 434.69 575.45 Td (are ) Tj ET Q q 0 0 0 rg BT 450.20 575.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 481.22 575.45 Td (to ) Tj ET Q q 0 0 0 rg BT 491.23 575.45 Td (change. ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 551.666796875 m 153.52734375 551.666796875 l s q 0 0 0 rg BT 72.00 552.95 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 109.02 552.95 Td (impairment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 533.45 Td (The ) Tj ET Q q 0 0 0 rg BT 88.27 533.45 Td (carrying ) Tj ET Q q 0 0 0 rg BT 121.55 533.45 Td (value ) Tj ET Q q 0 0 0 rg BT 144.32 533.45 Td (of ) Tj ET Q q 0 0 0 rg BT 153.09 533.45 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 186.88 533.45 Td (is ) Tj ET Q q 0 0 0 rg BT 194.64 533.45 Td (tested ) Tj ET Q q 0 0 0 rg BT 220.42 533.45 Td (for ) Tj ET Q q 0 0 0 rg BT 232.19 533.45 Td (impairment ) Tj ET Q q 0 0 0 rg BT 277.96 533.45 Td (annually ) Tj ET Q q 0 0 0 rg BT 312.75 533.45 Td (on ) Tj ET Q q 0 0 0 rg BT 324.03 533.45 Td (September ) Tj ET Q q 0 0 0 rg BT 369.32 533.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 383.09 533.45 Td (or ) Tj ET Q q 0 0 0 rg BT 392.36 533.45 Td (earlier ) Tj ET Q q 0 0 0 rg BT 418.63 533.45 Td (if ) Tj ET Q q 0 0 0 rg BT 424.39 533.45 Td (events ) Tj ET Q q 0 0 0 rg BT 452.17 533.45 Td (or ) Tj ET Q q 0 0 0 rg BT 461.44 533.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 496.73 533.45 Td (in ) Tj ET Q q 0 0 0 rg BT 505.00 533.45 Td (circumstances ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 519.95 Td (indicate ) Tj ET Q q 0 0 0 rg BT 104.80 519.95 Td (that ) Tj ET Q q 0 0 0 rg BT 122.09 519.95 Td (the ) Tj ET Q q 0 0 0 rg BT 136.87 519.95 Td (carrying ) Tj ET Q q 0 0 0 rg BT 171.16 519.95 Td (value ) Tj ET Q q 0 0 0 rg BT 194.95 519.95 Td (may ) Tj ET Q q 0 0 0 rg BT 214.23 519.95 Td (be ) Tj ET Q q 0 0 0 rg BT 226.52 519.95 Td (impaired. ) Tj ET Q q 0 0 0 rg BT 265.81 519.95 Td (In ) Tj ET Q q 0 0 0 rg BT 275.60 519.95 Td (order ) Tj ET Q q 0 0 0 rg BT 298.88 519.95 Td (to ) Tj ET Q q 0 0 0 rg BT 308.67 519.95 Td (determine ) Tj ET Q q 0 0 0 rg BT 350.96 519.95 Td (if ) Tj ET Q q 0 0 0 rg BT 357.74 519.95 Td (a ) Tj ET Q q 0 0 0 rg BT 365.02 519.95 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 399.82 519.95 Td (impairment ) Tj ET Q q 0 0 0 rg BT 446.61 519.95 Td (test ) Tj ET Q q 0 0 0 rg BT 463.39 519.95 Td (is ) Tj ET Q q 0 0 0 rg BT 472.17 519.95 Td (required, ) Tj ET Q q 0 0 0 rg BT 509.96 519.95 Td (management ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 506.45 Td (reviews ) Tj ET Q q 0 0 0 rg BT 103.71 506.45 Td (dif) Tj ET Q q 0 0 0 rg BT 113.05 506.45 Td (ferent ) Tj ET Q q 0 0 0 rg BT 137.77 506.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 166.47 506.45 Td (on ) Tj ET Q q 0 0 0 rg BT 178.19 506.45 Td (a ) Tj ET Q q 0 0 0 rg BT 184.89 506.45 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 221.61 506.45 Td (basis ) Tj ET Q q 0 0 0 rg BT 244.32 506.45 Td (such ) Tj ET Q q 0 0 0 rg BT 265.03 506.45 Td (as ) Tj ET Q q 0 0 0 rg BT 276.24 506.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 311.96 506.45 Td (in ) Tj ET Q q 0 0 0 rg BT 320.67 506.45 Td (technological ) Tj ET Q q 0 0 0 rg BT 374.91 506.45 Td (or ) Tj ET Q q 0 0 0 rg BT 384.61 506.45 Td (market ) Tj ET Q q 0 0 0 rg BT 413.82 506.45 Td (environment, ) Tj ET Q q 0 0 0 rg BT 467.54 506.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 503.27 506.45 Td (in ) Tj ET Q q 0 0 0 rg BT 511.98 506.45 Td (assumptions ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 492.95 Td (used ) Tj ET Q q 0 0 0 rg BT 95.58 492.95 Td (to ) Tj ET Q q 0 0 0 rg BT 107.66 492.95 Td (derive ) Tj ET Q q 0 0 0 rg BT 136.74 492.95 Td (the ) Tj ET Q q 0 0 0 rg BT 153.82 492.95 Td (weighted ) Tj ET Q q 0 0 0 rg BT 194.41 492.95 Td (average ) Tj ET Q q 0 0 0 rg BT 231.50 492.95 Td (cost ) Tj ET Q q 0 0 0 rg BT 252.58 492.95 Td (of ) Tj ET Q q 0 0 0 rg BT 264.65 492.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 295.23 492.95 Td (\(W) Tj ET Q q 0 0 0 rg BT 306.39 492.95 Td (ACC\) ) Tj ET Q q 0 0 0 rg BT 332.96 492.95 Td (and ) Tj ET Q q 0 0 0 rg BT 352.54 492.95 Td (actual ) Tj ET Q q 0 0 0 rg BT 381.13 492.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 418.72 492.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 473.81 492.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 518.40 492.95 Td (to ) Tj ET Q q 0 0 0 rg BT 530.47 492.95 Td (planned ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 479.45 Td (performance.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 459.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.85 459.95 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 139.73 459.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 172.59 459.95 Td (of ) Tj ET Q q 0 0 0 rg BT 182.94 459.95 Td (each ) Tj ET Q q 0 0 0 rg BT 205.31 459.95 Td (segment ) Tj ET Q q 0 0 0 rg BT 242.67 459.95 Td (has ) Tj ET Q q 0 0 0 rg BT 260.03 459.95 Td (been ) Tj ET Q q 0 0 0 rg BT 282.90 459.95 Td (determined ) Tj ET Q q 0 0 0 rg BT 330.77 459.95 Td (based ) Tj ET Q q 0 0 0 rg BT 358.14 459.95 Td (on ) Tj ET Q q 0 0 0 rg BT 370.99 459.95 Td (its ) Tj ET Q q 0 0 0 rg BT 382.84 459.95 Td (value ) Tj ET Q q 0 0 0 rg BT 407.20 459.95 Td (in ) Tj ET Q q 0 0 0 rg BT 417.05 459.95 Td (use ) Tj ET Q q 0 0 0 rg BT 434.41 459.95 Td (\(VIU\) ) Tj ET Q q 0 0 0 rg BT 458.25 459.95 Td (calculation ) Tj ET Q q 0 0 0 rg BT 503.62 459.95 Td (which ) Tj ET Q q 0 0 0 rg BT 529.48 459.95 Td (includes ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 446.45 Td (estimates ) Tj ET Q q 0 0 0 rg BT 112.31 446.45 Td (about ) Tj ET Q q 0 0 0 rg BT 137.13 446.45 Td (their ) Tj ET Q q 0 0 0 rg BT 156.93 446.45 Td (future ) Tj ET Q q 0 0 0 rg BT 182.24 446.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 217.56 446.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 270.38 446.45 Td (based ) Tj ET Q q 0 0 0 rg BT 297.20 446.45 Td (on ) Tj ET Q q 0 0 0 rg BT 309.51 446.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 330.81 446.45 Td (flows ) Tj ET Q q 0 0 0 rg BT 353.61 446.45 Td (approved ) Tj ET Q q 0 0 0 rg BT 393.44 446.45 Td (by ) Tj ET Q q 0 0 0 rg BT 405.24 446.45 Td (management. ) Tj ET Q q 0 0 0 rg BT 462.57 446.45 Td (However) Tj ET Q q 0 0 0 rg BT 497.59 446.45 Td (, ) Tj ET Q q 0 0 0 rg BT 502.38 446.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 531.69 446.45 Td (such ) Tj ET Q q 0 0 0 rg BT 553.00 446.45 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 432.95 Td (our ) Tj ET Q q 0 0 0 rg BT 87.77 432.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 114.03 432.95 Td (to ) Tj ET Q q 0 0 0 rg BT 124.80 432.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 162.08 432.95 Td (developing ) Tj ET Q q 0 0 0 rg BT 208.87 432.95 Td (and ) Tj ET Q q 0 0 0 rg BT 227.15 432.95 Td (expanding ) Tj ET Q q 0 0 0 rg BT 271.94 432.95 Td (service ) Tj ET Q q 0 0 0 rg BT 303.71 432.95 Td (of) Tj ET Q q 0 0 0 rg BT 311.05 432.95 Td (fered ) Tj ET Q q 0 0 0 rg BT 334.82 432.95 Td (to ) Tj ET Q q 0 0 0 rg BT 345.58 432.95 Td (address ) Tj ET Q q 0 0 0 rg BT 380.86 432.95 Td (emerging ) Tj ET Q q 0 0 0 rg BT 421.64 432.95 Td (business ) Tj ET Q q 0 0 0 rg BT 460.42 432.95 Td (demands ) Tj ET Q q 0 0 0 rg BT 500.70 432.95 Td (and ) Tj ET Q q 0 0 0 rg BT 518.97 432.95 Td (technology ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 419.45 Td (trends, ) Tj ET Q q 0 0 0 rg BT 101.07 419.45 Td (a ) Tj ET Q q 0 0 0 rg BT 108.12 419.45 Td (lengthened ) Tj ET Q q 0 0 0 rg BT 154.72 419.45 Td (sales ) Tj ET Q q 0 0 0 rg BT 177.78 419.45 Td (cycle ) Tj ET Q q 0 0 0 rg BT 200.34 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 217.41 419.45 Td (our ) Tj ET Q q 0 0 0 rg BT 232.47 419.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 257.53 419.45 Td (to ) Tj ET Q q 0 0 0 rg BT 267.09 419.45 Td (hire ) Tj ET Q q 0 0 0 rg BT 284.15 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 301.22 419.45 Td (retain ) Tj ET Q q 0 0 0 rg BT 325.78 419.45 Td (qualified ) Tj ET Q q 0 0 0 rg BT 361.36 419.45 Td (IT) Tj ET Q q 0 0 0 rg BT 369.19 419.45 Td ( ) Tj ET Q q 0 0 0 rg BT 371.25 419.45 Td (professionals ) Tj ET Q q 0 0 0 rg BT 426.33 419.45 Td (af) Tj ET Q q 0 0 0 rg BT 433.67 419.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 450.23 419.45 Td (future ) Tj ET Q q 0 0 0 rg BT 475.30 419.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 496.36 419.45 Td (flows, ) Tj ET Q q 0 0 0 rg BT 521.42 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 538.48 419.45 Td (actual ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 405.95 Td (results ) Tj ET Q q 0 0 0 rg BT 100.20 405.95 Td (might ) Tj ET Q q 0 0 0 rg BT 124.40 405.95 Td (dif) Tj ET Q q 0 0 0 rg BT 133.74 405.95 Td (fer ) Tj ET Q q 0 0 0 rg BT 146.44 405.95 Td (from ) Tj ET Q q 0 0 0 rg BT 166.63 405.95 Td (future ) Tj ET Q q 0 0 0 rg BT 191.84 405.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 213.04 405.95 Td (flows ) Tj ET Q q 0 0 0 rg BT 235.74 405.95 Td (used ) Tj ET Q q 0 0 0 rg BT 257.45 405.95 Td (in ) Tj ET Q q 0 0 0 rg BT 266.65 405.95 Td (the ) Tj ET Q q 0 0 0 rg BT 281.35 405.95 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 316.06 405.95 Td (impairment ) Tj ET Q q 0 0 0 rg BT 362.77 405.95 Td (test. ) Tj ET Q q 0 0 0 rg BT 381.97 405.95 Td (Key ) Tj ET Q q 0 0 0 rg BT 399.67 405.95 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 452.39 405.95 Td (used ) Tj ET Q q 0 0 0 rg BT 474.10 405.95 Td (in ) Tj ET Q q 0 0 0 rg BT 483.29 405.95 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 518.01 405.95 Td (impairment ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 392.45 Td (testing ) Tj ET Q q 0 0 0 rg BT 99.88 392.45 Td (are ) Tj ET Q q 0 0 0 rg BT 114.75 392.45 Td (presented ) Tj ET Q q 0 0 0 rg BT 156.64 392.45 Td (in ) Tj ET Q q 0 0 0 rg BT 165.50 392.45 Td (note ) Tj ET Q q 0 0 0 rg BT 184.88 392.45 Td (1) Tj ET Q q 0 0 0 rg BT 189.22 392.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 196.08 392.45 Td (of ) Tj ET Q q 0 0 0 rg BT 205.45 392.45 Td (the ) Tj ET Q q 0 0 0 rg BT 219.82 392.45 Td (audited ) Tj ET Q q 0 0 0 rg BT 251.21 392.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 303.61 392.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 338.49 392.45 Td (statements ) Tj ET Q q 0 0 0 rg BT 384.37 392.45 Td (for ) Tj ET Q q 0 0 0 rg BT 396.73 392.45 Td (the ) Tj ET Q q 0 0 0 rg BT 411.11 392.45 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 433.47 392.45 Td (year ) Tj ET Q q 0 0 0 rg BT 452.84 392.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 479.73 392.45 Td (September ) Tj ET Q q 0 0 0 rg BT 525.61 392.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 539.99 392.45 Td (2017. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 378.95 Td (Historically) Tj ET Q q 0 0 0 rg BT 114.34 378.95 Td (, ) Tj ET Q q 0 0 0 rg BT 119.71 378.95 Td (the ) Tj ET Q q 0 0 0 rg BT 135.09 378.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 176.47 378.95 Td (has ) Tj ET Q q 0 0 0 rg BT 193.85 378.95 Td (not ) Tj ET Q q 0 0 0 rg BT 209.23 378.95 Td (recorded ) Tj ET Q q 0 0 0 rg BT 247.62 378.95 Td (an ) Tj ET Q q 0 0 0 rg BT 260.50 378.95 Td (impairment ) Tj ET Q q 0 0 0 rg BT 307.88 378.95 Td (charge ) Tj ET Q q 0 0 0 rg BT 338.27 378.95 Td (on ) Tj ET Q q 0 0 0 rg BT 351.14 378.95 Td (goodwill. ) Tj ET Q q 0 0 0 rg BT 388.46 378.95 Td (As ) Tj ET Q q 0 0 0 rg BT 401.83 378.95 Td (at ) Tj ET Q q 0 0 0 rg BT 412.21 378.95 Td (September ) Tj ET Q q 0 0 0 rg BT 459.10 378.95 Td (30, ) Tj ET Q q 0 0 0 rg BT 474.48 378.95 Td (2017, ) Tj ET Q q 0 0 0 rg BT 499.87 378.95 Td (the ) Tj ET Q q 0 0 0 rg BT 515.25 378.95 Td (fair ) Tj ET Q q 0 0 0 rg BT 530.62 378.95 Td (value ) Tj ET Q q 0 0 0 rg BT 555.00 378.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 365.45 Td (each ) Tj ET Q q 0 0 0 rg BT 93.52 365.45 Td (segment ) Tj ET Q q 0 0 0 rg BT 130.54 365.45 Td (represented ) Tj ET Q q 0 0 0 rg BT 181.07 365.45 Td (between ) Tj ET Q q 0 0 0 rg BT 217.60 365.45 Td (185% ) Tj ET Q q 0 0 0 rg BT 243.12 365.45 Td (and ) Tj ET Q q 0 0 0 rg BT 260.63 365.45 Td (345% ) Tj ET Q q 0 0 0 rg BT 286.15 365.45 Td (of ) Tj ET Q q 0 0 0 rg BT 296.16 365.45 Td (its ) Tj ET Q q 0 0 0 rg BT 307.66 365.45 Td (carrying ) Tj ET Q q 0 0 0 rg BT 342.17 365.45 Td (value.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 341.666796875 m 164.0478515625 341.666796875 l s q 0 0 0 rg BT 72.00 342.95 Td (Business ) Tj ET Q q 0 0 0 rg BT 111.02 342.95 Td (combinations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 323.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 126.23 323.45 Td (makes ) Tj ET Q q 0 0 0 rg BT 154.93 323.45 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 207.65 323.45 Td (when ) Tj ET Q q 0 0 0 rg BT 231.35 323.45 Td (determining ) Tj ET Q q 0 0 0 rg BT 280.57 323.45 Td (the ) Tj ET Q q 0 0 0 rg BT 295.28 323.45 Td (acquisition-date ) Tj ET Q q 0 0 0 rg BT 360.51 323.45 Td (fair ) Tj ET Q q 0 0 0 rg BT 375.21 323.45 Td (values ) Tj ET Q q 0 0 0 rg BT 403.42 323.45 Td (of ) Tj ET Q q 0 0 0 rg BT 413.12 323.45 Td (the ) Tj ET Q q 0 0 0 rg BT 427.82 323.45 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 473.05 323.45 Td (tangible ) Tj ET Q q 0 0 0 rg BT 506.77 323.45 Td (and ) Tj ET Q q 0 0 0 rg BT 523.98 323.45 Td (intangible ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 309.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 99.82 309.95 Td (acquired ) Tj ET Q q 0 0 0 rg BT 136.65 309.95 Td (and ) Tj ET Q q 0 0 0 rg BT 153.98 309.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 190.30 309.95 Td (assumed ) Tj ET Q q 0 0 0 rg BT 229.13 309.95 Td (which ) Tj ET Q q 0 0 0 rg BT 254.45 309.95 Td (involve ) Tj ET Q q 0 0 0 rg BT 284.78 309.95 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 328.10 309.95 Td (such ) Tj ET Q q 0 0 0 rg BT 349.42 309.95 Td (as ) Tj ET Q q 0 0 0 rg BT 361.24 309.95 Td (the ) Tj ET Q q 0 0 0 rg BT 376.06 309.95 Td (forecasting ) Tj ET Q q 0 0 0 rg BT 422.39 309.95 Td (of ) Tj ET Q q 0 0 0 rg BT 432.21 309.95 Td (future ) Tj ET Q q 0 0 0 rg BT 457.53 309.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 478.86 309.95 Td (flows, ) Tj ET Q q 0 0 0 rg BT 504.17 309.95 Td (discount ) Tj ET Q q 0 0 0 rg BT 540.00 309.95 Td (rates, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 296.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.02 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 104.03 296.45 Td (useful ) Tj ET Q q 0 0 0 rg BT 130.54 296.45 Td (lives ) Tj ET Q q 0 0 0 rg BT 151.05 296.45 Td (of ) Tj ET Q q 0 0 0 rg BT 161.06 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 176.07 296.45 Td (assets ) Tj ET Q q 0 0 0 rg BT 204.58 296.45 Td (acquired.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 276.95 Td (Additionally) Tj ET Q q 0 0 0 rg BT 116.86 276.95 Td (, ) Tj ET Q q 0 0 0 rg BT 120.92 276.95 Td (judgement ) Tj ET Q q 0 0 0 rg BT 164.50 276.95 Td (is ) Tj ET Q q 0 0 0 rg BT 172.55 276.95 Td (required ) Tj ET Q q 0 0 0 rg BT 207.13 276.95 Td (in ) Tj ET Q q 0 0 0 rg BT 215.69 276.95 Td (determining ) Tj ET Q q 0 0 0 rg BT 264.27 276.95 Td (whether ) Tj ET Q q 0 0 0 rg BT 297.84 276.95 Td (an ) Tj ET Q q 0 0 0 rg BT 309.40 276.95 Td (intangible ) Tj ET Q q 0 0 0 rg BT 349.49 276.95 Td (asset ) Tj ET Q q 0 0 0 rg BT 372.55 276.95 Td (is ) Tj ET Q q 0 0 0 rg BT 380.61 276.95 Td (identifiable, ) Tj ET Q q 0 0 0 rg BT 427.69 276.95 Td (and ) Tj ET Q q 0 0 0 rg BT 444.26 276.95 Td (should ) Tj ET Q q 0 0 0 rg BT 472.34 276.95 Td (be ) Tj ET Q q 0 0 0 rg BT 483.90 276.95 Td (recorded ) Tj ET Q q 0 0 0 rg BT 520.98 276.95 Td (separately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 263.45 Td (from ) Tj ET Q q 0 0 0 rg BT 92.00 263.45 Td (goodwill. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 243.95 Td (Changes ) Tj ET Q q 0 0 0 rg BT 110.79 243.95 Td (in ) Tj ET Q q 0 0 0 rg BT 121.05 243.95 Td (the ) Tj ET Q q 0 0 0 rg BT 136.82 243.95 Td (above ) Tj ET Q q 0 0 0 rg BT 164.60 243.95 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 220.88 243.95 Td (estimates ) Tj ET Q q 0 0 0 rg BT 262.65 243.95 Td (and ) Tj ET Q q 0 0 0 rg BT 280.93 243.95 Td (judgements ) Tj ET Q q 0 0 0 rg BT 330.72 243.95 Td (could ) Tj ET Q q 0 0 0 rg BT 355.49 243.95 Td (af) Tj ET Q q 0 0 0 rg BT 362.84 243.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 380.60 243.95 Td (our ) Tj ET Q q 0 0 0 rg BT 396.87 243.95 Td (acquisition-date ) Tj ET Q q 0 0 0 rg BT 463.17 243.95 Td (fair ) Tj ET Q q 0 0 0 rg BT 478.93 243.95 Td (values ) Tj ET Q q 0 0 0 rg BT 508.20 243.95 Td (and ) Tj ET Q q 0 0 0 rg BT 526.48 243.95 Td (therefore ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 230.45 Td (could ) Tj ET Q q 0 0 0 rg BT 95.63 230.45 Td (have ) Tj ET Q q 0 0 0 rg BT 117.77 230.45 Td (material ) Tj ET Q q 0 0 0 rg BT 152.40 230.45 Td (impacts ) Tj ET Q q 0 0 0 rg BT 186.03 230.45 Td (on ) Tj ET Q q 0 0 0 rg BT 198.66 230.45 Td (our ) Tj ET Q q 0 0 0 rg BT 214.28 230.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 267.44 230.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 303.08 230.45 Td (statements.) Tj ET Q q 0 0 0 rg BT 351.94 230.45 Td (These ) Tj ET Q q 0 0 0 rg BT 379.57 230.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 416.22 230.45 Td (are ) Tj ET Q q 0 0 0 rg BT 431.84 230.45 Td (recorded ) Tj ET Q q 0 0 0 rg BT 469.98 230.45 Td (as ) Tj ET Q q 0 0 0 rg BT 482.11 230.45 Td (part ) Tj ET Q q 0 0 0 rg BT 500.23 230.45 Td (of ) Tj ET Q q 0 0 0 rg BT 510.36 230.45 Td (the ) Tj ET Q q 0 0 0 rg BT 525.49 230.45 Td (purchase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 216.95 Td (price ) Tj ET Q q 0 0 0 rg BT 93.59 216.95 Td (allocation ) Tj ET Q q 0 0 0 rg BT 134.20 216.95 Td (and ) Tj ET Q q 0 0 0 rg BT 151.80 216.95 Td (therefore ) Tj ET Q q 0 0 0 rg BT 190.40 216.95 Td (result ) Tj ET Q q 0 0 0 rg BT 214.99 216.95 Td (in ) Tj ET Q q 0 0 0 rg BT 224.58 216.95 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 284.20 216.95 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 319.30 216.95 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 370.41 216.95 Td (if ) Tj ET Q q 0 0 0 rg BT 377.49 216.95 Td (they ) Tj ET Q q 0 0 0 rg BT 397.08 216.95 Td (occurred ) Tj ET Q q 0 0 0 rg BT 434.68 216.95 Td (during ) Tj ET Q q 0 0 0 rg BT 462.28 216.95 Td (the ) Tj ET Q q 0 0 0 rg BT 477.38 216.95 Td (measurement ) Tj ET Q q 0 0 0 rg BT 534.98 216.95 Td (period, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 203.45 Td (not ) Tj ET Q q 0 0 0 rg BT 86.51 203.45 Td (exceeding ) Tj ET Q q 0 0 0 rg BT 130.04 203.45 Td (one ) Tj ET Q q 0 0 0 rg BT 147.56 203.45 Td (year) Tj ET Q q 0 0 0 rg BT 164.57 203.45 Td (. ) Tj ET Q q 0 0 0 rg BT 169.08 203.45 Td (All ) Tj ET Q q 0 0 0 rg BT 181.58 203.45 Td (other ) Tj ET Q q 0 0 0 rg BT 204.59 203.45 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 253.63 203.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 290.16 203.45 Td (are ) Tj ET Q q 0 0 0 rg BT 305.67 203.45 Td (recorded ) Tj ET Q q 0 0 0 rg BT 343.69 203.45 Td (in ) Tj ET Q q 0 0 0 rg BT 353.19 203.45 Td (our ) Tj ET Q q 0 0 0 rg BT 368.70 203.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 421.74 203.45 Td (statement ) Tj ET Q q 0 0 0 rg BT 463.76 203.45 Td (of ) Tj ET Q q 0 0 0 rg BT 473.77 203.45 Td (earnings. ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 71.5 182.66679687500005 m 125.025390625 182.66679687500005 l s q 0 0 0 rg BT 71.50 183.95 Td (Income ) Tj ET Q q 0 0 0 rg BT 103.51 183.95 Td (taxes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 164.45 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 108.48 164.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 122.46 164.45 Td (assets ) Tj ET Q q 0 0 0 rg BT 150.44 164.45 Td (are ) Tj ET Q q 0 0 0 rg BT 165.41 164.45 Td (recognized ) Tj ET Q q 0 0 0 rg BT 211.41 164.45 Td (for ) Tj ET Q q 0 0 0 rg BT 223.88 164.45 Td (unused ) Tj ET Q q 0 0 0 rg BT 255.38 164.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 269.35 164.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 296.83 164.45 Td (and ) Tj ET Q q 0 0 0 rg BT 313.81 164.45 Td (deductible ) Tj ET Q q 0 0 0 rg BT 356.81 164.45 Td (temporary ) Tj ET Q q 0 0 0 rg BT 399.30 164.45 Td (dif) Tj ET Q q 0 0 0 rg BT 408.64 164.45 Td (ferences ) Tj ET Q q 0 0 0 rg BT 445.13 164.45 Td (to ) Tj ET Q q 0 0 0 rg BT 454.60 164.45 Td (the ) Tj ET Q q 0 0 0 rg BT 469.08 164.45 Td (extent ) Tj ET Q q 0 0 0 rg BT 495.56 164.45 Td (that ) Tj ET Q q 0 0 0 rg BT 512.54 164.45 Td (it ) Tj ET Q q 0 0 0 rg BT 519.01 164.45 Td (is ) Tj ET Q q 0 0 0 rg BT 527.48 164.45 Td (probable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 150.95 Td (that ) Tj ET Q q 0 0 0 rg BT 88.61 150.95 Td (taxable ) Tj ET Q q 0 0 0 rg BT 119.73 150.95 Td (profit ) Tj ET Q q 0 0 0 rg BT 141.84 150.95 Td (will ) Tj ET Q q 0 0 0 rg BT 156.43 150.95 Td (be ) Tj ET Q q 0 0 0 rg BT 168.54 150.95 Td (available ) Tj ET Q q 0 0 0 rg BT 206.17 150.95 Td (for ) Tj ET Q q 0 0 0 rg BT 218.77 150.95 Td (their ) Tj ET Q q 0 0 0 rg BT 238.38 150.95 Td (utilization. ) Tj ET Q q 0 0 0 rg BT 280.36 150.95 Td (The ) Tj ET Q q 0 0 0 rg BT 297.97 150.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 338.58 150.95 Td (considers ) Tj ET Q q 0 0 0 rg BT 379.20 150.95 Td (the ) Tj ET Q q 0 0 0 rg BT 393.81 150.95 Td (analysis ) Tj ET Q q 0 0 0 rg BT 428.42 150.95 Td (of ) Tj ET Q q 0 0 0 rg BT 438.03 150.95 Td (forecast ) Tj ET Q q 0 0 0 rg BT 472.14 150.95 Td (and ) Tj ET Q q 0 0 0 rg BT 489.25 150.95 Td (future ) Tj ET Q q 0 0 0 rg BT 514.37 150.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 528.47 150.95 Td (planning ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 137.45 Td (strategies. ) Tj ET Q q 0 0 0 rg BT 114.62 137.45 Td (Estimates ) Tj ET Q q 0 0 0 rg BT 155.73 137.45 Td (of ) Tj ET Q q 0 0 0 rg BT 164.83 137.45 Td (taxable ) Tj ET Q q 0 0 0 rg BT 195.45 137.45 Td (profit ) Tj ET Q q 0 0 0 rg BT 217.06 137.45 Td (are ) Tj ET Q q 0 0 0 rg BT 231.66 137.45 Td (made ) Tj ET Q q 0 0 0 rg BT 255.77 137.45 Td (based ) Tj ET Q q 0 0 0 rg BT 281.89 137.45 Td (on ) Tj ET Q q 0 0 0 rg BT 293.50 137.45 Td (the ) Tj ET Q q 0 0 0 rg BT 307.61 137.45 Td (forecast ) Tj ET Q q 0 0 0 rg BT 341.22 137.45 Td (by ) Tj ET Q q 0 0 0 rg BT 352.33 137.45 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 396.44 137.45 Td (which ) Tj ET Q q 0 0 0 rg BT 421.05 137.45 Td (are ) Tj ET Q q 0 0 0 rg BT 435.66 137.45 Td (aligned ) Tj ET Q q 0 0 0 rg BT 466.28 137.45 Td (with ) Tj ET Q q 0 0 0 rg BT 483.88 137.45 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 518.00 137.45 Td (impairment ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 123.95 Td (testing ) Tj ET Q q 0 0 0 rg BT 100.03 123.95 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 155.07 123.95 Td (on ) Tj ET Q q 0 0 0 rg BT 167.10 123.95 Td (an ) Tj ET Q q 0 0 0 rg BT 179.12 123.95 Td (undiscounted ) Tj ET Q q 0 0 0 rg BT 234.68 123.95 Td (basis. ) Tj ET Q q 0 0 0 rg BT 260.20 123.95 Td (In ) Tj ET Q q 0 0 0 rg BT 269.72 123.95 Td (addition, ) Tj ET Q q 0 0 0 rg BT 305.77 123.95 Td (management ) Tj ET Q q 0 0 0 rg BT 360.31 123.95 Td (considers ) Tj ET Q q 0 0 0 rg BT 400.85 123.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 429.87 123.95 Td (such ) Tj ET Q q 0 0 0 rg BT 450.89 123.95 Td (as ) Tj ET Q q 0 0 0 rg BT 462.41 123.95 Td (substantively ) Tj ET Q q 0 0 0 rg BT 516.46 123.95 Td (enacted ) Tj ET Q q 0 0 0 rg BT 550.50 123.95 Td (tax ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 110.45 Td (rates, ) Tj ET Q q 0 0 0 rg BT 96.19 110.45 Td (the ) Tj ET Q q 0 0 0 rg BT 110.88 110.45 Td (history ) Tj ET Q q 0 0 0 rg BT 139.56 110.45 Td (of ) Tj ET Q q 0 0 0 rg BT 149.25 110.45 Td (the ) Tj ET Q q 0 0 0 rg BT 163.94 110.45 Td (taxable ) Tj ET Q q 0 0 0 rg BT 195.14 110.45 Td (profits ) Tj ET Q q 0 0 0 rg BT 221.82 110.45 Td (and ) Tj ET Q q 0 0 0 rg BT 239.02 110.45 Td (availability ) Tj ET Q q 0 0 0 rg BT 282.71 110.45 Td (of ) Tj ET Q q 0 0 0 rg BT 292.40 110.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 306.58 110.45 Td (strategies. ) Tj ET Q q 0 0 0 rg BT 350.28 110.45 Td (Due ) Tj ET Q q 0 0 0 rg BT 368.97 110.45 Td (to ) Tj ET Q q 0 0 0 rg BT 378.65 110.45 Td (the ) Tj ET Q q 0 0 0 rg BT 393.34 110.45 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 439.54 110.45 Td (and ) Tj ET Q q 0 0 0 rg BT 456.74 110.45 Td (the ) Tj ET Q q 0 0 0 rg BT 471.43 110.45 Td (variability ) Tj ET Q q 0 0 0 rg BT 511.12 110.45 Td (of ) Tj ET Q q 0 0 0 rg BT 520.80 110.45 Td (the ) Tj ET Q q 0 0 0 rg BT 535.49 110.45 Td (factors ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 96.95 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 115.93 96.95 Td (above, ) Tj ET Q q 0 0 0 rg BT 145.34 96.95 Td (deferred ) Tj ET Q q 0 0 0 rg BT 181.26 96.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 195.66 96.95 Td (assets ) Tj ET Q q 0 0 0 rg BT 224.07 96.95 Td (are ) Tj ET Q q 0 0 0 rg BT 239.48 96.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 270.39 96.95 Td (to ) Tj ET Q q 0 0 0 rg BT 280.29 96.95 Td (change. ) Tj ET Q q 0 0 0 rg BT 314.72 96.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 369.64 96.95 Td (reviews ) Tj ET Q q 0 0 0 rg BT 402.55 96.95 Td (its ) Tj ET Q q 0 0 0 rg BT 413.94 96.95 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 466.86 96.95 Td (on ) Tj ET Q q 0 0 0 rg BT 479.27 96.95 Td (a ) Tj ET Q q 0 0 0 rg BT 486.67 96.95 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 524.09 96.95 Td (basis ) Tj ET Q q 0 0 0 rg BT 547.49 96.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 83.45 Td (adjusts ) Tj ET Q q 0 0 0 rg BT 102.52 83.45 Td (the ) Tj ET Q q 0 0 0 rg BT 117.53 83.45 Td (deferred ) Tj ET Q q 0 0 0 rg BT 153.55 83.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 168.06 83.45 Td (assets ) Tj ET Q q 0 0 0 rg BT 196.57 83.45 Td (when ) Tj ET Q q 0 0 0 rg BT 220.58 83.45 Td (appropriate. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 63.95 Td (The ) Tj ET Q q 0 0 0 rg BT 88.80 63.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 129.11 63.95 Td (is ) Tj ET Q q 0 0 0 rg BT 137.40 63.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 167.71 63.95 Td (to ) Tj ET Q q 0 0 0 rg BT 177.01 63.95 Td (taxation ) Tj ET Q q 0 0 0 rg BT 210.32 63.95 Td (in ) Tj ET Q q 0 0 0 rg BT 219.12 63.95 Td (numerous ) Tj ET Q q 0 0 0 rg BT 260.94 63.95 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 309.75 63.95 Td (and ) Tj ET Q q 0 0 0 rg BT 326.55 63.95 Td (there ) Tj ET Q q 0 0 0 rg BT 348.86 63.95 Td (are ) Tj ET Q q 0 0 0 rg BT 363.66 63.95 Td (transactions ) Tj ET Q q 0 0 0 rg BT 413.98 63.95 Td (and ) Tj ET Q q 0 0 0 rg BT 430.79 63.95 Td (calculations ) Tj ET Q q 0 0 0 rg BT 479.60 63.95 Td (for ) Tj ET Q q 0 0 0 rg BT 491.90 63.95 Td (which ) Tj ET Q q 0 0 0 rg BT 516.70 63.95 Td (the ) Tj ET Q q 0 0 0 rg BT 531.01 63.95 Td (ultimate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 50.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 86.23 50.45 Td (determination ) Tj ET Q q 0 0 0 rg BT 143.49 50.45 Td (is ) Tj ET Q q 0 0 0 rg BT 152.72 50.45 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 192.47 50.45 Td (which ) Tj ET Q q 0 0 0 rg BT 218.20 50.45 Td (occurs ) Tj ET Q q 0 0 0 rg BT 247.44 50.45 Td (when ) Tj ET Q q 0 0 0 rg BT 271.68 50.45 Td (there ) Tj ET Q q 0 0 0 rg BT 294.92 50.45 Td (is ) Tj ET Q q 0 0 0 rg BT 304.15 50.45 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 350.90 50.45 Td (as ) Tj ET Q q 0 0 0 rg BT 363.13 50.45 Td (to ) Tj ET Q q 0 0 0 rg BT 373.36 50.45 Td (the ) Tj ET Q q 0 0 0 rg BT 388.60 50.45 Td (meaning ) Tj ET Q q 0 0 0 rg BT 425.85 50.45 Td (of ) Tj ET Q q 0 0 0 rg BT 436.08 50.45 Td (the ) Tj ET Q q 0 0 0 rg BT 451.32 50.45 Td (law) Tj ET Q q 0 0 0 rg BT 464.33 50.45 Td (, ) Tj ET Q q 0 0 0 rg BT 469.55 50.45 Td (or ) Tj ET Q q 0 0 0 rg BT 480.28 50.45 Td (to ) Tj ET Q q 0 0 0 rg BT 490.52 50.45 Td (the ) Tj ET Q q 0 0 0 rg BT 505.75 50.45 Td (applicability ) Tj ET Q q 0 0 0 rg BT 555.01 50.45 Td (of ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (36) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 86.17 708.95 Td (law ) Tj ET Q q 0 0 0 rg BT 101.84 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 111.51 708.95 Td (a ) Tj ET Q q 0 0 0 rg BT 118.68 708.95 Td (particular ) Tj ET Q q 0 0 0 rg BT 157.86 708.95 Td (transaction ) Tj ET Q q 0 0 0 rg BT 204.05 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 214.21 708.95 Td (both. ) Tj ET Q q 0 0 0 rg BT 236.39 708.95 Td (In ) Tj ET Q q 0 0 0 rg BT 246.06 708.95 Td (those ) Tj ET Q q 0 0 0 rg BT 270.24 708.95 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 332.42 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 347.10 708.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 387.78 708.95 Td (might ) Tj ET Q q 0 0 0 rg BT 411.95 708.95 Td (review ) Tj ET Q q 0 0 0 rg BT 440.12 708.95 Td (administrative ) Tj ET Q q 0 0 0 rg BT 497.81 708.95 Td (practice, ) Tj ET Q q 0 0 0 rg BT 533.98 708.95 Td (consult ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 695.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 86.10 695.45 Td (authorities ) Tj ET Q q 0 0 0 rg BT 130.22 695.45 Td (or ) Tj ET Q q 0 0 0 rg BT 140.82 695.45 Td (advisors ) Tj ET Q q 0 0 0 rg BT 176.93 695.45 Td (on ) Tj ET Q q 0 0 0 rg BT 189.54 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 204.65 695.45 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 259.78 695.45 Td (of ) Tj ET Q q 0 0 0 rg BT 269.88 695.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 284.49 695.45 Td (legislation. ) Tj ET Q q 0 0 0 rg BT 329.61 695.45 Td (When ) Tj ET Q q 0 0 0 rg BT 355.72 695.45 Td (a ) Tj ET Q q 0 0 0 rg BT 363.32 695.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 377.92 695.45 Td (position ) Tj ET Q q 0 0 0 rg BT 411.54 695.45 Td (is ) Tj ET Q q 0 0 0 rg BT 420.64 695.45 Td (uncertain, ) Tj ET Q q 0 0 0 rg BT 462.76 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 477.87 695.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 518.98 695.45 Td (recognizes ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 681.95 Td (an ) Tj ET Q q 0 0 0 rg BT 83.50 681.95 Td (income ) Tj ET Q q 0 0 0 rg BT 114.50 681.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 128.50 681.95 Td (benefit ) Tj ET Q q 0 0 0 rg BT 157.51 681.95 Td (or ) Tj ET Q q 0 0 0 rg BT 167.50 681.95 Td (reduces ) Tj ET Q q 0 0 0 rg BT 201.50 681.95 Td (an ) Tj ET Q q 0 0 0 rg BT 213.50 681.95 Td (income ) Tj ET Q q 0 0 0 rg BT 244.51 681.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 258.50 681.95 Td (liability ) Tj ET Q q 0 0 0 rg BT 287.50 681.95 Td (only ) Tj ET Q q 0 0 0 rg BT 306.00 681.95 Td (when ) Tj ET Q q 0 0 0 rg BT 329.50 681.95 Td (it ) Tj ET Q q 0 0 0 rg BT 335.99 681.95 Td (is ) Tj ET Q q 0 0 0 rg BT 344.48 681.95 Td (probable ) Tj ET Q q 0 0 0 rg BT 381.50 681.95 Td (that ) Tj ET Q q 0 0 0 rg BT 398.50 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 413.00 681.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 426.99 681.95 Td (benefit ) Tj ET Q q 0 0 0 rg BT 456.00 681.95 Td (will ) Tj ET Q q 0 0 0 rg BT 470.49 681.95 Td (be ) Tj ET Q q 0 0 0 rg BT 482.49 681.95 Td (realized ) Tj ET Q q 0 0 0 rg BT 515.99 681.95 Td (in ) Tj ET Q q 0 0 0 rg BT 524.99 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 539.49 681.95 Td (future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 668.45 Td (or ) Tj ET Q q 0 0 0 rg BT 82.00 668.45 Td (that ) Tj ET Q q 0 0 0 rg BT 99.51 668.45 Td (the ) Tj ET Q q 0 0 0 rg BT 114.51 668.45 Td (income ) Tj ET Q q 0 0 0 rg BT 146.02 668.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 160.52 668.45 Td (liability ) Tj ET Q q 0 0 0 rg BT 190.03 668.45 Td (is ) Tj ET Q q 0 0 0 rg BT 199.02 668.45 Td (no ) Tj ET Q q 0 0 0 rg BT 211.53 668.45 Td (longer ) Tj ET Q q 0 0 0 rg BT 239.04 668.45 Td (probable. ) Tj ET Q q 0 0 0 rg BT 278.90 668.45 Td (The ) Tj ET Q q 0 0 0 rg BT 296.91 668.45 Td (provision ) Tj ET Q q 0 0 0 rg BT 335.42 668.45 Td (for ) Tj ET Q q 0 0 0 rg BT 348.42 668.45 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 387.94 668.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 402.44 668.45 Td (position ) Tj ET Q q 0 0 0 rg BT 435.96 668.45 Td (is ) Tj ET Q q 0 0 0 rg BT 444.95 668.45 Td (made ) Tj ET Q q 0 0 0 rg BT 469.96 668.45 Td (using ) Tj ET Q q 0 0 0 rg BT 493.97 668.45 Td (the ) Tj ET Q q 0 0 0 rg BT 508.98 668.45 Td (best ) Tj ET Q q 0 0 0 rg BT 528.49 668.45 Td (estimate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 654.95 Td (of ) Tj ET Q q 0 0 0 rg BT 82.10 654.95 Td (the ) Tj ET Q q 0 0 0 rg BT 97.71 654.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 130.82 654.95 Td (expected ) Tj ET Q q 0 0 0 rg BT 170.45 654.95 Td (to ) Tj ET Q q 0 0 0 rg BT 181.05 654.95 Td (be ) Tj ET Q q 0 0 0 rg BT 194.16 654.95 Td (paid ) Tj ET Q q 0 0 0 rg BT 214.27 654.95 Td (based ) Tj ET Q q 0 0 0 rg BT 241.89 654.95 Td (on ) Tj ET Q q 0 0 0 rg BT 254.99 654.95 Td (qualitative ) Tj ET Q q 0 0 0 rg BT 298.62 654.95 Td (assessments ) Tj ET Q q 0 0 0 rg BT 354.23 654.95 Td (of ) Tj ET Q q 0 0 0 rg BT 364.83 654.95 Td (all ) Tj ET Q q 0 0 0 rg BT 376.93 654.95 Td (relevant ) Tj ET Q q 0 0 0 rg BT 412.05 654.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 442.15 654.95 Td (and ) Tj ET Q q 0 0 0 rg BT 460.27 654.95 Td (is ) Tj ET Q q 0 0 0 rg BT 469.86 654.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 501.47 654.95 Td (to ) Tj ET Q q 0 0 0 rg BT 512.08 654.95 Td (change. ) Tj ET Q q 0 0 0 rg BT 547.00 654.95 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 641.45 Td (review ) Tj ET Q q 0 0 0 rg BT 100.01 641.45 Td (of ) Tj ET Q q 0 0 0 rg BT 110.01 641.45 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 163.04 641.45 Td (is ) Tj ET Q q 0 0 0 rg BT 172.04 641.45 Td (done ) Tj ET Q q 0 0 0 rg BT 194.56 641.45 Td (on ) Tj ET Q q 0 0 0 rg BT 207.07 641.45 Td (a ) Tj ET Q q 0 0 0 rg BT 214.58 641.45 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 252.09 641.45 Td (basis.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 73.5 620.666796875 m 155.044921875 620.666796875 l s q 0 0 0 rg BT 73.50 621.95 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 112.03 621.95 Td (and ) Tj ET Q q 0 0 0 rg BT 129.54 621.95 Td (claims) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 602.45 Td (Provisions ) Tj ET Q q 0 0 0 rg BT 115.65 602.45 Td (are ) Tj ET Q q 0 0 0 rg BT 131.29 602.45 Td (recognized ) Tj ET Q q 0 0 0 rg BT 177.95 602.45 Td (when ) Tj ET Q q 0 0 0 rg BT 202.09 602.45 Td (the ) Tj ET Q q 0 0 0 rg BT 217.24 602.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 258.38 602.45 Td (has ) Tj ET Q q 0 0 0 rg BT 275.53 602.45 Td (a ) Tj ET Q q 0 0 0 rg BT 283.16 602.45 Td (present ) Tj ET Q q 0 0 0 rg BT 315.81 602.45 Td (legal ) Tj ET Q q 0 0 0 rg BT 337.46 602.45 Td (or ) Tj ET Q q 0 0 0 rg BT 348.09 602.45 Td (constructive ) Tj ET Q q 0 0 0 rg BT 398.74 602.45 Td (obligation ) Tj ET Q q 0 0 0 rg BT 439.91 602.45 Td (as ) Tj ET Q q 0 0 0 rg BT 452.04 602.45 Td (a ) Tj ET Q q 0 0 0 rg BT 459.68 602.45 Td (result ) Tj ET Q q 0 0 0 rg BT 484.32 602.45 Td (of ) Tj ET Q q 0 0 0 rg BT 494.46 602.45 Td (a ) Tj ET Q q 0 0 0 rg BT 502.09 602.45 Td (past ) Tj ET Q q 0 0 0 rg BT 521.74 602.45 Td (event, ) Tj ET Q q 0 0 0 rg BT 548.88 602.45 Td (it ) Tj ET Q q 0 0 0 rg BT 556.02 602.45 Td (is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 588.95 Td (probable ) Tj ET Q q 0 0 0 rg BT 109.68 588.95 Td (that ) Tj ET Q q 0 0 0 rg BT 127.84 588.95 Td (an ) Tj ET Q q 0 0 0 rg BT 141.01 588.95 Td (outflow ) Tj ET Q q 0 0 0 rg BT 172.67 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 183.33 588.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 226.00 588.95 Td (embodying ) Tj ET Q q 0 0 0 rg BT 273.18 588.95 Td (economic ) Tj ET Q q 0 0 0 rg BT 314.85 588.95 Td (benefits ) Tj ET Q q 0 0 0 rg BT 349.52 588.95 Td (will ) Tj ET Q q 0 0 0 rg BT 365.17 588.95 Td (be ) Tj ET Q q 0 0 0 rg BT 378.33 588.95 Td (required ) Tj ET Q q 0 0 0 rg BT 414.50 588.95 Td (to ) Tj ET Q q 0 0 0 rg BT 425.16 588.95 Td (settle ) Tj ET Q q 0 0 0 rg BT 449.82 588.95 Td (the ) Tj ET Q q 0 0 0 rg BT 465.49 588.95 Td (obligation ) Tj ET Q q 0 0 0 rg BT 507.17 588.95 Td (and ) Tj ET Q q 0 0 0 rg BT 525.34 588.95 Td (a ) Tj ET Q q 0 0 0 rg BT 533.49 588.95 Td (reliable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 575.45 Td (estimate ) Tj ET Q q 0 0 0 rg BT 107.51 575.45 Td (can ) Tj ET Q q 0 0 0 rg BT 124.01 575.45 Td (be ) Tj ET Q q 0 0 0 rg BT 136.01 575.45 Td (made ) Tj ET Q q 0 0 0 rg BT 160.52 575.45 Td (of ) Tj ET Q q 0 0 0 rg BT 170.02 575.45 Td (the ) Tj ET Q q 0 0 0 rg BT 184.52 575.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 216.53 575.45 Td (of ) Tj ET Q q 0 0 0 rg BT 226.03 575.45 Td (the ) Tj ET Q q 0 0 0 rg BT 240.54 575.45 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 283.43 575.45 Td (The ) Tj ET Q q 0 0 0 rg BT 300.93 575.45 Td (accrued ) Tj ET Q q 0 0 0 rg BT 334.94 575.45 Td (litigation ) Tj ET Q q 0 0 0 rg BT 369.96 575.45 Td (and ) Tj ET Q q 0 0 0 rg BT 386.96 575.45 Td (legal ) Tj ET Q q 0 0 0 rg BT 407.97 575.45 Td (claim ) Tj ET Q q 0 0 0 rg BT 430.97 575.45 Td (provisions ) Tj ET Q q 0 0 0 rg BT 473.48 575.45 Td (are ) Tj ET Q q 0 0 0 rg BT 488.48 575.45 Td (based ) Tj ET Q q 0 0 0 rg BT 514.99 575.45 Td (on ) Tj ET Q q 0 0 0 rg BT 526.99 575.45 Td (historical ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 561.95 Td (experience, ) Tj ET Q q 0 0 0 rg BT 121.15 561.95 Td (current ) Tj ET Q q 0 0 0 rg BT 152.27 561.95 Td (trends ) Tj ET Q q 0 0 0 rg BT 180.40 561.95 Td (and ) Tj ET Q q 0 0 0 rg BT 198.53 561.95 Td (other ) Tj ET Q q 0 0 0 rg BT 222.16 561.95 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 275.80 561.95 Td (that ) Tj ET Q q 0 0 0 rg BT 293.93 561.95 Td (are ) Tj ET Q q 0 0 0 rg BT 310.05 561.95 Td (believed ) Tj ET Q q 0 0 0 rg BT 346.69 561.95 Td (to ) Tj ET Q q 0 0 0 rg BT 357.32 561.95 Td (be ) Tj ET Q q 0 0 0 rg BT 370.44 561.95 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 418.09 561.95 Td (under ) Tj ET Q q 0 0 0 rg BT 444.23 561.95 Td (the ) Tj ET Q q 0 0 0 rg BT 459.85 561.95 Td (circumstances. ) Tj ET Q q 0 0 0 rg BT 522.99 561.95 Td (Estimates ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 548.45 Td (include ) Tj ET Q q 0 0 0 rg BT 101.53 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 115.55 548.45 Td (period ) Tj ET Q q 0 0 0 rg BT 142.08 548.45 Td (in ) Tj ET Q q 0 0 0 rg BT 150.60 548.45 Td (which ) Tj ET Q q 0 0 0 rg BT 175.12 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 189.14 548.45 Td (underlying ) Tj ET Q q 0 0 0 rg BT 232.18 548.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 257.70 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 266.72 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 280.74 548.45 Td (claim ) Tj ET Q q 0 0 0 rg BT 303.25 548.45 Td (occurred ) Tj ET Q q 0 0 0 rg BT 339.78 548.45 Td (and ) Tj ET Q q 0 0 0 rg BT 356.30 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 370.33 548.45 Td (degree ) Tj ET Q q 0 0 0 rg BT 399.86 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 408.88 548.45 Td (probability ) Tj ET Q q 0 0 0 rg BT 451.41 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 460.42 548.45 Td (an ) Tj ET Q q 0 0 0 rg BT 471.95 548.45 Td (unfavourable ) Tj ET Q q 0 0 0 rg BT 525.50 548.45 Td (outcome. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 534.95 Td (Management ) Tj ET Q q 0 0 0 rg BT 127.59 534.95 Td (reviews ) Tj ET Q q 0 0 0 rg BT 161.65 534.95 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 215.73 534.95 Td (and ) Tj ET Q q 0 0 0 rg BT 234.30 534.95 Td (facts ) Tj ET Q q 0 0 0 rg BT 256.86 534.95 Td (surrounding ) Tj ET Q q 0 0 0 rg BT 307.94 534.95 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 358.03 534.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 394.61 534.95 Td (and ) Tj ET Q q 0 0 0 rg BT 413.18 534.95 Td (claims ) Tj ET Q q 0 0 0 rg BT 442.23 534.95 Td (on ) Tj ET Q q 0 0 0 rg BT 455.80 534.95 Td (a ) Tj ET Q q 0 0 0 rg BT 464.36 534.95 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 502.93 534.95 Td (basis, ) Tj ET Q q 0 0 0 rg BT 529.99 534.95 Td (involves ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 521.45 Td (external ) Tj ET Q q 0 0 0 rg BT 106.34 521.45 Td (counsel ) Tj ET Q q 0 0 0 rg BT 140.18 521.45 Td (when ) Tj ET Q q 0 0 0 rg BT 164.51 521.45 Td (necessary ) Tj ET Q q 0 0 0 rg BT 208.35 521.45 Td (and ) Tj ET Q q 0 0 0 rg BT 226.18 521.45 Td (adjusts ) Tj ET Q q 0 0 0 rg BT 257.51 521.45 Td (the ) Tj ET Q q 0 0 0 rg BT 272.84 521.45 Td (provision ) Tj ET Q q 0 0 0 rg BT 311.68 521.45 Td (accordingly) Tj ET Q q 0 0 0 rg BT 356.53 521.45 Td (. ) Tj ET Q q 0 0 0 rg BT 361.67 521.45 Td (The ) Tj ET Q q 0 0 0 rg BT 379.99 521.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 421.33 521.45 Td (has ) Tj ET Q q 0 0 0 rg BT 438.66 521.45 Td (to ) Tj ET Q q 0 0 0 rg BT 448.98 521.45 Td (be ) Tj ET Q q 0 0 0 rg BT 461.81 521.45 Td (compliant ) Tj ET Q q 0 0 0 rg BT 503.15 521.45 Td (with ) Tj ET Q q 0 0 0 rg BT 521.97 521.45 Td (applicable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 507.95 Td (law ) Tj ET Q q 0 0 0 rg BT 87.71 507.95 Td (in ) Tj ET Q q 0 0 0 rg BT 97.42 507.95 Td (many ) Tj ET Q q 0 0 0 rg BT 122.13 507.95 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 171.85 507.95 Td (which ) Tj ET Q q 0 0 0 rg BT 197.57 507.95 Td (increases ) Tj ET Q q 0 0 0 rg BT 238.79 507.95 Td (the ) Tj ET Q q 0 0 0 rg BT 254.01 507.95 Td (complexity ) Tj ET Q q 0 0 0 rg BT 299.22 507.95 Td (of ) Tj ET Q q 0 0 0 rg BT 309.43 507.95 Td (determining ) Tj ET Q q 0 0 0 rg BT 359.16 507.95 Td (the ) Tj ET Q q 0 0 0 rg BT 374.38 507.95 Td (adequate ) Tj ET Q q 0 0 0 rg BT 414.62 507.95 Td (provision ) Tj ET Q q 0 0 0 rg BT 453.34 507.95 Td (following ) Tj ET Q q 0 0 0 rg BT 491.07 507.95 Td (a ) Tj ET Q q 0 0 0 rg BT 498.78 507.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 534.50 507.95 Td (review) Tj ET Q q 0 0 0 rg BT 560.01 507.95 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 494.45 Td (Since ) Tj ET Q q 0 0 0 rg BT 97.05 494.45 Td (the ) Tj ET Q q 0 0 0 rg BT 112.61 494.45 Td (outcome ) Tj ET Q q 0 0 0 rg BT 150.17 494.45 Td (of ) Tj ET Q q 0 0 0 rg BT 160.72 494.45 Td (such ) Tj ET Q q 0 0 0 rg BT 182.77 494.45 Td (litigation ) Tj ET Q q 0 0 0 rg BT 218.83 494.45 Td (and ) Tj ET Q q 0 0 0 rg BT 236.89 494.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 265.43 494.45 Td (is ) Tj ET Q q 0 0 0 rg BT 274.97 494.45 Td (not ) Tj ET Q q 0 0 0 rg BT 290.52 494.45 Td (predictable ) Tj ET Q q 0 0 0 rg BT 337.59 494.45 Td (with ) Tj ET Q q 0 0 0 rg BT 356.64 494.45 Td (assurance, ) Tj ET Q q 0 0 0 rg BT 403.71 494.45 Td (those ) Tj ET Q q 0 0 0 rg BT 428.76 494.45 Td (provisions ) Tj ET Q q 0 0 0 rg BT 472.32 494.45 Td (are ) Tj ET Q q 0 0 0 rg BT 488.37 494.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 519.93 494.45 Td (to ) Tj ET Q q 0 0 0 rg BT 530.48 494.45 Td (change. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 480.95 Td (Adjustments ) Tj ET Q q 0 0 0 rg BT 123.18 480.95 Td (to ) Tj ET Q q 0 0 0 rg BT 132.85 480.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 168.03 480.95 Td (and ) Tj ET Q q 0 0 0 rg BT 185.21 480.95 Td (claims ) Tj ET Q q 0 0 0 rg BT 212.88 480.95 Td (provisions ) Tj ET Q q 0 0 0 rg BT 255.56 480.95 Td (are ) Tj ET Q q 0 0 0 rg BT 270.73 480.95 Td (reflected ) Tj ET Q q 0 0 0 rg BT 307.41 480.95 Td (in ) Tj ET Q q 0 0 0 rg BT 316.57 480.95 Td (the ) Tj ET Q q 0 0 0 rg BT 331.25 480.95 Td (period ) Tj ET Q q 0 0 0 rg BT 358.43 480.95 Td (when ) Tj ET Q q 0 0 0 rg BT 382.11 480.95 Td (the ) Tj ET Q q 0 0 0 rg BT 396.78 480.95 Td (facts ) Tj ET Q q 0 0 0 rg BT 417.95 480.95 Td (that ) Tj ET Q q 0 0 0 rg BT 435.12 480.95 Td (give ) Tj ET Q q 0 0 0 rg BT 453.79 480.95 Td (rise ) Tj ET Q q 0 0 0 rg BT 470.46 480.95 Td (to ) Tj ET Q q 0 0 0 rg BT 480.13 480.95 Td (an ) Tj ET Q q 0 0 0 rg BT 492.30 480.95 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 538.48 480.95 Td (occur) Tj ET Q q 0 0 0 rg BT 560.00 480.95 Td (.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (37) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td (7. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Integrity of Disclosure) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 694.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 690.3 m 57.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 142.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 690.3 m 228.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 690.3 m 337.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 690.3 m 475.5 690.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 690.3 m 561.5 690.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 690.3 m 57.5 686.3 l s BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 658.30 Td (Management ) Tj ET Q q 0 0 0 rg BT 127.69 658.30 Td (assumes ) Tj ET Q q 0 0 0 rg BT 166.87 658.30 Td (the ) Tj ET Q q 0 0 0 rg BT 182.54 658.30 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 237.73 658.30 Td (for ) Tj ET Q q 0 0 0 rg BT 251.39 658.30 Td (the ) Tj ET Q q 0 0 0 rg BT 267.07 658.30 Td (existence ) Tj ET Q q 0 0 0 rg BT 308.25 658.30 Td (of ) Tj ET Q q 0 0 0 rg BT 318.92 658.30 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 367.61 658.30 Td (information ) Tj ET Q q 0 0 0 rg BT 415.29 658.30 Td (systems, ) Tj ET Q q 0 0 0 rg BT 453.96 658.30 Td (procedures ) Tj ET Q q 0 0 0 rg BT 502.15 658.30 Td (and ) Tj ET Q q 0 0 0 rg BT 520.33 658.30 Td (controls ) Tj ET Q q 0 0 0 rg BT 555.00 658.30 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 644.80 Td (ensure ) Tj ET Q q 0 0 0 rg BT 102.02 644.80 Td (that ) Tj ET Q q 0 0 0 rg BT 119.53 644.80 Td (information ) Tj ET Q q 0 0 0 rg BT 166.55 644.80 Td (used ) Tj ET Q q 0 0 0 rg BT 188.57 644.80 Td (internally ) Tj ET Q q 0 0 0 rg BT 227.09 644.80 Td (and ) Tj ET Q q 0 0 0 rg BT 244.60 644.80 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 284.63 644.80 Td (externally ) Tj ET Q q 0 0 0 rg BT 325.64 644.80 Td (is ) Tj ET Q q 0 0 0 rg BT 334.64 644.80 Td (complete ) Tj ET Q q 0 0 0 rg BT 373.66 644.80 Td (and ) Tj ET Q q 0 0 0 rg BT 391.18 644.80 Td (reliable.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 625.30 Td (CGI ) Tj ET Q q 0 0 0 rg BT 90.93 625.30 Td (has ) Tj ET Q q 0 0 0 rg BT 108.37 625.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 151.82 625.30 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 195.28 625.30 Td (whose ) Tj ET Q q 0 0 0 rg BT 224.22 625.30 Td (purpose ) Tj ET Q q 0 0 0 rg BT 259.67 625.30 Td (is ) Tj ET Q q 0 0 0 rg BT 269.10 625.30 Td (to ) Tj ET Q q 0 0 0 rg BT 279.54 625.30 Td (ensure ) Tj ET Q q 0 0 0 rg BT 309.99 625.30 Td (that ) Tj ET Q q 0 0 0 rg BT 327.93 625.30 Td (communications ) Tj ET Q q 0 0 0 rg BT 395.88 625.30 Td (with ) Tj ET Q q 0 0 0 rg BT 414.82 625.30 Td (the ) Tj ET Q q 0 0 0 rg BT 430.26 625.30 Td (investment ) Tj ET Q q 0 0 0 rg BT 476.70 625.30 Td (community) Tj ET Q q 0 0 0 rg BT 519.55 625.30 Td (, ) Tj ET Q q 0 0 0 rg BT 524.98 625.30 Td (regulator) Tj ET Q q 0 0 0 rg BT 560.00 625.30 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 611.80 Td (the ) Tj ET Q q 0 0 0 rg BT 87.18 611.80 Td (media ) Tj ET Q q 0 0 0 rg BT 114.37 611.80 Td (and ) Tj ET Q q 0 0 0 rg BT 132.05 611.80 Td (the ) Tj ET Q q 0 0 0 rg BT 147.24 611.80 Td (general ) Tj ET Q q 0 0 0 rg BT 179.93 611.80 Td (public ) Tj ET Q q 0 0 0 rg BT 206.12 611.80 Td (about ) Tj ET Q q 0 0 0 rg BT 231.31 611.80 Td (the ) Tj ET Q q 0 0 0 rg BT 246.49 611.80 Td (Company) Tj ET Q q 0 0 0 rg BT 284.34 611.80 Td (, ) Tj ET Q q 0 0 0 rg BT 289.52 611.80 Td (in ) Tj ET Q q 0 0 0 rg BT 299.19 611.80 Td (particularly ) Tj ET Q q 0 0 0 rg BT 345.38 611.80 Td (in ) Tj ET Q q 0 0 0 rg BT 355.05 611.80 Td (respect ) Tj ET Q q 0 0 0 rg BT 387.24 611.80 Td (of ) Tj ET Q q 0 0 0 rg BT 397.42 611.80 Td (material ) Tj ET Q q 0 0 0 rg BT 432.10 611.80 Td (information, ) Tj ET Q q 0 0 0 rg BT 481.79 611.80 Td (are ) Tj ET Q q 0 0 0 rg BT 497.47 611.80 Td (timely) Tj ET Q q 0 0 0 rg BT 520.30 611.80 Td (, ) Tj ET Q q 0 0 0 rg BT 525.48 611.80 Td (accurate, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 598.30 Td (broadly ) Tj ET Q q 0 0 0 rg BT 104.02 598.30 Td (released ) Tj ET Q q 0 0 0 rg BT 141.04 598.30 Td (in ) Tj ET Q q 0 0 0 rg BT 150.55 598.30 Td (accordance ) Tj ET Q q 0 0 0 rg BT 199.58 598.30 Td (with, ) Tj ET Q q 0 0 0 rg BT 220.58 598.30 Td (and ) Tj ET Q q 0 0 0 rg BT 238.10 598.30 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 279.12 598.30 Td (responsive ) Tj ET Q q 0 0 0 rg BT 325.14 598.30 Td (to, ) Tj ET Q q 0 0 0 rg BT 337.65 598.30 Td (all ) Tj ET Q q 0 0 0 rg BT 349.15 598.30 Td (applicable ) Tj ET Q q 0 0 0 rg BT 392.19 598.30 Td (legal ) Tj ET Q q 0 0 0 rg BT 413.70 598.30 Td (and ) Tj ET Q q 0 0 0 rg BT 431.22 598.30 Td (regulator ) Tj ET Q q 0 0 0 rg BT 469.24 598.30 Td (requirements.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 578.80 Td (The ) Tj ET Q q 0 0 0 rg BT 90.00 578.80 Td (Board ) Tj ET Q q 0 0 0 rg BT 117.02 578.80 Td (of ) Tj ET Q q 0 0 0 rg BT 127.52 578.80 Td (Directors ) Tj ET Q q 0 0 0 rg BT 166.52 578.80 Td (has ) Tj ET Q q 0 0 0 rg BT 184.03 578.80 Td (the ) Tj ET Q q 0 0 0 rg BT 199.53 578.80 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 254.55 578.80 Td (under ) Tj ET Q q 0 0 0 rg BT 280.57 578.80 Td (its ) Tj ET Q q 0 0 0 rg BT 292.56 578.80 Td (charter ) Tj ET Q q 0 0 0 rg BT 323.57 578.80 Td (and ) Tj ET Q q 0 0 0 rg BT 341.58 578.80 Td (under ) Tj ET Q q 0 0 0 rg BT 367.60 578.80 Td (the ) Tj ET Q q 0 0 0 rg BT 383.10 578.80 Td (securities ) Tj ET Q q 0 0 0 rg BT 424.11 578.80 Td (laws ) Tj ET Q q 0 0 0 rg BT 445.11 578.80 Td (that ) Tj ET Q q 0 0 0 rg BT 463.12 578.80 Td (govern ) Tj ET Q q 0 0 0 rg BT 493.64 578.80 Td (CGI) Tj ET Q q 0 0 0 rg BT 511.47 578.80 Td (s ) Tj ET Q q 0 0 0 rg BT 518.97 578.80 Td (continuous ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 565.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 113.70 565.30 Td (obligations ) Tj ET Q q 0 0 0 rg BT 158.41 565.30 Td (to ) Tj ET Q q 0 0 0 rg BT 167.59 565.30 Td (oversee ) Tj ET Q q 0 0 0 rg BT 201.29 565.30 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 225.19 565.30 Td (compliance ) Tj ET Q q 0 0 0 rg BT 272.39 565.30 Td (with ) Tj ET Q q 0 0 0 rg BT 290.07 565.30 Td (its ) Tj ET Q q 0 0 0 rg BT 300.75 565.30 Td (continuous ) Tj ET Q q 0 0 0 rg BT 345.96 565.30 Td (and ) Tj ET Q q 0 0 0 rg BT 362.66 565.30 Td (timely ) Tj ET Q q 0 0 0 rg BT 387.84 565.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 430.03 565.30 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 477.24 565.30 Td (as ) Tj ET Q q 0 0 0 rg BT 488.43 565.30 Td (well ) Tj ET Q q 0 0 0 rg BT 505.61 565.30 Td (as ) Tj ET Q q 0 0 0 rg BT 516.79 565.30 Td (the ) Tj ET Q q 0 0 0 rg BT 530.98 565.30 Td (integrity ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 551.80 Td (of ) Tj ET Q q 0 0 0 rg BT 80.83 551.80 Td (the ) Tj ET Q q 0 0 0 rg BT 95.17 551.80 Td (Company's ) Tj ET Q q 0 0 0 rg BT 141.73 551.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 173.07 551.80 Td (controls ) Tj ET Q q 0 0 0 rg BT 206.41 551.80 Td (and ) Tj ET Q q 0 0 0 rg BT 223.25 551.80 Td (management ) Tj ET Q q 0 0 0 rg BT 277.60 551.80 Td (information ) Tj ET Q q 0 0 0 rg BT 323.95 551.80 Td (systems. ) Tj ET Q q 0 0 0 rg BT 361.16 551.80 Td (The ) Tj ET Q q 0 0 0 rg BT 378.49 551.80 Td (Board ) Tj ET Q q 0 0 0 rg BT 404.33 551.80 Td (of ) Tj ET Q q 0 0 0 rg BT 413.66 551.80 Td (Directors ) Tj ET Q q 0 0 0 rg BT 451.49 551.80 Td (carries ) Tj ET Q q 0 0 0 rg BT 480.32 551.80 Td (out ) Tj ET Q q 0 0 0 rg BT 494.65 551.80 Td (this ) Tj ET Q q 0 0 0 rg BT 510.48 551.80 Td (responsibility ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 538.30 Td (mainly ) Tj ET Q q 0 0 0 rg BT 100.01 538.30 Td (through ) Tj ET Q q 0 0 0 rg BT 133.03 538.30 Td (its ) Tj ET Q q 0 0 0 rg BT 144.04 538.30 Td (Audit ) Tj ET Q q 0 0 0 rg BT 167.05 538.30 Td (and ) Tj ET Q q 0 0 0 rg BT 184.57 538.30 Td (Risk ) Tj ET Q q 0 0 0 rg BT 204.57 538.30 Td (Management ) Tj ET Q q 0 0 0 rg BT 259.60 538.30 Td (Committee.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 518.80 Td (The ) Tj ET Q q 0 0 0 rg BT 88.38 518.80 Td (Audit ) Tj ET Q q 0 0 0 rg BT 110.60 518.80 Td (and ) Tj ET Q q 0 0 0 rg BT 127.33 518.80 Td (Risk ) Tj ET Q q 0 0 0 rg BT 146.54 518.80 Td (Management ) Tj ET Q q 0 0 0 rg BT 200.78 518.80 Td (Committee ) Tj ET Q q 0 0 0 rg BT 246.00 518.80 Td (of ) Tj ET Q q 0 0 0 rg BT 255.22 518.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 272.93 518.80 Td (is ) Tj ET Q q 0 0 0 rg BT 281.14 518.80 Td (composed ) Tj ET Q q 0 0 0 rg BT 324.37 518.80 Td (entirely ) Tj ET Q q 0 0 0 rg BT 355.10 518.80 Td (of ) Tj ET Q q 0 0 0 rg BT 364.31 518.80 Td (independent ) Tj ET Q q 0 0 0 rg BT 415.57 518.80 Td (directors ) Tj ET Q q 0 0 0 rg BT 451.79 518.80 Td (who ) Tj ET Q q 0 0 0 rg BT 470.01 518.80 Td (meet ) Tj ET Q q 0 0 0 rg BT 491.73 518.80 Td (the ) Tj ET Q q 0 0 0 rg BT 505.95 518.80 Td (independence ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 505.30 Td (and ) Tj ET Q q 0 0 0 rg BT 89.52 505.30 Td (experience ) Tj ET Q q 0 0 0 rg BT 136.54 505.30 Td (requirements ) Tj ET Q q 0 0 0 rg BT 192.07 505.30 Td (of ) Tj ET Q q 0 0 0 rg BT 202.57 505.30 Td (National ) Tj ET Q q 0 0 0 rg BT 238.59 505.30 Td (Instrument ) Tj ET Q q 0 0 0 rg BT 284.11 505.30 Td (52-1) Tj ET Q q 0 0 0 rg BT 301.46 505.30 Td (10 ) Tj ET Q q 0 0 0 rg BT 314.47 505.30 Td (adopted ) Tj ET Q q 0 0 0 rg BT 350.00 505.30 Td (by ) Tj ET Q q 0 0 0 rg BT 362.51 505.30 Td (the ) Tj ET Q q 0 0 0 rg BT 378.02 505.30 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 419.55 505.30 Td (Securities ) Tj ET Q q 0 0 0 rg BT 461.47 505.30 Td (Administrators ) Tj ET Q q 0 0 0 rg BT 521.98 505.30 Td (as ) Tj ET Q q 0 0 0 rg BT 534.49 505.30 Td (well ) Tj ET Q q 0 0 0 rg BT 552.99 505.30 Td (as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 491.80 Td (those ) Tj ET Q q 0 0 0 rg BT 94.86 491.80 Td (of ) Tj ET Q q 0 0 0 rg BT 103.72 491.80 Td (the ) Tj ET Q q 0 0 0 rg BT 117.58 491.80 Td (New ) Tj ET Q q 0 0 0 rg BT 136.84 491.80 Td (Y) Tj ET Q q 0 0 0 rg BT 142.02 491.80 Td (ork ) Tj ET Q q 0 0 0 rg BT 155.87 491.80 Td (Stock ) Tj ET Q q 0 0 0 rg BT 179.73 491.80 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 221.10 491.80 Td (\(NYSE\) ) Tj ET Q q 0 0 0 rg BT 252.96 491.80 Td (and ) Tj ET Q q 0 0 0 rg BT 269.32 491.80 Td (the ) Tj ET Q q 0 0 0 rg BT 283.18 491.80 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 302.03 491.80 Td (Securities ) Tj ET Q q 0 0 0 rg BT 342.89 491.80 Td (and ) Tj ET Q q 0 0 0 rg BT 359.26 491.80 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 400.64 491.80 Td (Commission. ) Tj ET Q q 0 0 0 rg BT 453.91 491.80 Td (The ) Tj ET Q q 0 0 0 rg BT 470.76 491.80 Td (role ) Tj ET Q q 0 0 0 rg BT 487.12 491.80 Td (and ) Tj ET Q q 0 0 0 rg BT 503.48 491.80 Td (responsibilities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 478.30 Td (of ) Tj ET Q q 0 0 0 rg BT 81.93 478.30 Td (the ) Tj ET Q q 0 0 0 rg BT 96.79 478.30 Td (Audit ) Tj ET Q q 0 0 0 rg BT 120.23 478.30 Td (and ) Tj ET Q q 0 0 0 rg BT 138.18 478.30 Td (Risk ) Tj ET Q q 0 0 0 rg BT 158.60 478.30 Td (Management ) Tj ET Q q 0 0 0 rg BT 214.06 478.30 Td (Committee ) Tj ET Q q 0 0 0 rg BT 260.50 478.30 Td (include: ) Tj ET Q q 0 0 0 rg BT 294.45 478.30 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 308.38 478.30 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 349.32 478.30 Td (all ) Tj ET Q q 0 0 0 rg BT 361.25 478.30 Td (public ) Tj ET Q q 0 0 0 rg BT 387.70 478.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 431.14 478.30 Td (documents ) Tj ET Q q 0 0 0 rg BT 478.09 478.30 Td (containing ) Tj ET Q q 0 0 0 rg BT 522.05 478.30 Td (audited ) Tj ET Q q 0 0 0 rg BT 554.51 478.30 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 464.80 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 113.80 464.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 149.59 464.80 Td (information ) Tj ET Q q 0 0 0 rg BT 196.87 464.80 Td (concerning ) Tj ET Q q 0 0 0 rg BT 243.66 464.80 Td (CGI; ) Tj ET Q q 0 0 0 rg BT 264.93 464.80 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 278.69 464.80 Td (identifying ) Tj ET Q q 0 0 0 rg BT 321.98 464.80 Td (and ) Tj ET Q q 0 0 0 rg BT 339.76 464.80 Td (examining ) Tj ET Q q 0 0 0 rg BT 383.55 464.80 Td (the ) Tj ET Q q 0 0 0 rg BT 398.83 464.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 434.61 464.80 Td (and ) Tj ET Q q 0 0 0 rg BT 452.39 464.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 492.69 464.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 513.95 464.80 Td (to ) Tj ET Q q 0 0 0 rg BT 524.22 464.80 Td (which ) Tj ET Q q 0 0 0 rg BT 549.99 464.80 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 451.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 112.50 451.30 Td (is ) Tj ET Q q 0 0 0 rg BT 121.49 451.30 Td (exposed, ) Tj ET Q q 0 0 0 rg BT 160.50 451.30 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 201.01 451.30 Td (the ) Tj ET Q q 0 0 0 rg BT 216.00 451.30 Td (various ) Tj ET Q q 0 0 0 rg BT 247.50 451.30 Td (policies ) Tj ET Q q 0 0 0 rg BT 280.00 451.30 Td (and ) Tj ET Q q 0 0 0 rg BT 297.50 451.30 Td (practices ) Tj ET Q q 0 0 0 rg BT 336.00 451.30 Td (of ) Tj ET Q q 0 0 0 rg BT 345.99 451.30 Td (the ) Tj ET Q q 0 0 0 rg BT 360.99 451.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 402.00 451.30 Td (that ) Tj ET Q q 0 0 0 rg BT 419.49 451.30 Td (are ) Tj ET Q q 0 0 0 rg BT 434.99 451.30 Td (intended ) Tj ET Q q 0 0 0 rg BT 472.00 451.30 Td (to ) Tj ET Q q 0 0 0 rg BT 482.00 451.30 Td (manage ) Tj ET Q q 0 0 0 rg BT 517.01 451.30 Td (those ) Tj ET Q q 0 0 0 rg BT 541.51 451.30 Td (risks, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 437.80 Td (and ) Tj ET Q q 0 0 0 rg BT 89.84 437.80 Td (reporting ) Tj ET Q q 0 0 0 rg BT 128.68 437.80 Td (on ) Tj ET Q q 0 0 0 rg BT 142.01 437.80 Td (a ) Tj ET Q q 0 0 0 rg BT 150.33 437.80 Td (regular ) Tj ET Q q 0 0 0 rg BT 181.67 437.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 206.00 437.80 Td (to ) Tj ET Q q 0 0 0 rg BT 216.82 437.80 Td (the ) Tj ET Q q 0 0 0 rg BT 232.65 437.80 Td (Board ) Tj ET Q q 0 0 0 rg BT 259.99 437.80 Td (of ) Tj ET Q q 0 0 0 rg BT 270.82 437.80 Td (Directors ) Tj ET Q q 0 0 0 rg BT 310.14 437.80 Td (concerning ) Tj ET Q q 0 0 0 rg BT 357.49 437.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 374.81 437.80 Td (management; ) Tj ET Q q 0 0 0 rg BT 433.16 437.80 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 446.97 437.80 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 488.31 437.80 Td (and ) Tj ET Q q 0 0 0 rg BT 506.64 437.80 Td (assessing ) Tj ET Q q 0 0 0 rg BT 549.99 437.80 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 424.30 Td (ef) Tj ET Q q 0 0 0 rg BT 78.84 424.30 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 126.78 424.30 Td (of ) Tj ET Q q 0 0 0 rg BT 137.19 424.30 Td (CGI) Tj ET Q q 0 0 0 rg BT 155.03 424.30 Td (s ) Tj ET Q q 0 0 0 rg BT 162.44 424.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 208.88 424.30 Td (policies ) Tj ET Q q 0 0 0 rg BT 241.81 424.30 Td (and ) Tj ET Q q 0 0 0 rg BT 259.74 424.30 Td (practices ) Tj ET Q q 0 0 0 rg BT 298.66 424.30 Td (concerning ) Tj ET Q q 0 0 0 rg BT 345.60 424.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 381.53 424.30 Td (reporting; ) Tj ET Q q 0 0 0 rg BT 422.46 424.30 Td (\(d\) ) Tj ET Q q 0 0 0 rg BT 436.37 424.30 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 477.30 424.30 Td (and ) Tj ET Q q 0 0 0 rg BT 495.23 424.30 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 540.16 424.30 Td (CGI) Tj ET Q q 0 0 0 rg BT 558.00 424.30 Td (s ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 410.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 102.48 410.80 Td (control ) Tj ET Q q 0 0 0 rg BT 130.95 410.80 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 179.94 410.80 Td (programs ) Tj ET Q q 0 0 0 rg BT 219.41 410.80 Td (and ) Tj ET Q q 0 0 0 rg BT 235.88 410.80 Td (policies ) Tj ET Q q 0 0 0 rg BT 267.36 410.80 Td (and ) Tj ET Q q 0 0 0 rg BT 283.83 410.80 Td (assessing ) Tj ET Q q 0 0 0 rg BT 325.31 410.80 Td (their ) Tj ET Q q 0 0 0 rg BT 344.28 410.80 Td (adequacy ) Tj ET Q q 0 0 0 rg BT 384.77 410.80 Td (and ) Tj ET Q q 0 0 0 rg BT 401.24 410.80 Td (ef) Tj ET Q q 0 0 0 rg BT 408.59 410.80 Td (fectiveness; ) Tj ET Q q 0 0 0 rg BT 457.57 410.80 Td (\(e\) ) Tj ET Q q 0 0 0 rg BT 470.03 410.80 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 509.50 410.80 Td (the ) Tj ET Q q 0 0 0 rg BT 523.47 410.80 Td (adequacy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 397.30 Td (of ) Tj ET Q q 0 0 0 rg BT 81.39 397.30 Td (CGI) Tj ET Q q 0 0 0 rg BT 99.23 397.30 Td (s ) Tj ET Q q 0 0 0 rg BT 106.11 397.30 Td (internal ) Tj ET Q q 0 0 0 rg BT 138.01 397.30 Td (audit ) Tj ET Q q 0 0 0 rg BT 159.91 397.30 Td (resources ) Tj ET Q q 0 0 0 rg BT 201.81 397.30 Td (including ) Tj ET Q q 0 0 0 rg BT 239.72 397.30 Td (the ) Tj ET Q q 0 0 0 rg BT 254.61 397.30 Td (mandate ) Tj ET Q q 0 0 0 rg BT 292.02 397.30 Td (and ) Tj ET Q q 0 0 0 rg BT 309.42 397.30 Td (objectives ) Tj ET Q q 0 0 0 rg BT 351.82 397.30 Td (of ) Tj ET Q q 0 0 0 rg BT 361.71 397.30 Td (the ) Tj ET Q q 0 0 0 rg BT 376.61 397.30 Td (internal ) Tj ET Q q 0 0 0 rg BT 408.51 397.30 Td (auditor; ) Tj ET Q q 0 0 0 rg BT 440.91 397.30 Td (\(f\) ) Tj ET Q q 0 0 0 rg BT 451.79 397.30 Td (recommending ) Tj ET Q q 0 0 0 rg BT 513.70 397.30 Td (to ) Tj ET Q q 0 0 0 rg BT 523.59 397.30 Td (the ) Tj ET Q q 0 0 0 rg BT 538.48 397.30 Td (Board ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 383.80 Td (of ) Tj ET Q q 0 0 0 rg BT 82.07 383.80 Td (Directors ) Tj ET Q q 0 0 0 rg BT 121.14 383.80 Td (the ) Tj ET Q q 0 0 0 rg BT 136.72 383.80 Td (appointment ) Tj ET Q q 0 0 0 rg BT 189.32 383.80 Td (of ) Tj ET Q q 0 0 0 rg BT 199.90 383.80 Td (the ) Tj ET Q q 0 0 0 rg BT 215.48 383.80 Td (external ) Tj ET Q q 0 0 0 rg BT 250.56 383.80 Td (auditor) Tj ET Q q 0 0 0 rg BT 277.58 383.80 Td (, ) Tj ET Q q 0 0 0 rg BT 283.15 383.80 Td (asserting ) Tj ET Q q 0 0 0 rg BT 322.74 383.80 Td (the ) Tj ET Q q 0 0 0 rg BT 338.31 383.80 Td (external ) Tj ET Q q 0 0 0 rg BT 373.40 383.80 Td (auditor) Tj ET Q q 0 0 0 rg BT 401.25 383.80 Td () Tj ET Q q 0 0 0 rg BT 403.09 383.80 Td (s ) Tj ET Q q 0 0 0 rg BT 410.66 383.80 Td (independence, ) Tj ET Q q 0 0 0 rg BT 472.78 383.80 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 513.86 383.80 Td (the ) Tj ET Q q 0 0 0 rg BT 529.44 383.80 Td (terms ) Tj ET Q q 0 0 0 rg BT 555.00 383.80 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 370.30 Td (their ) Tj ET Q q 0 0 0 rg BT 92.01 370.30 Td (engagement, ) Tj ET Q q 0 0 0 rg BT 147.55 370.30 Td (conducting ) Tj ET Q q 0 0 0 rg BT 194.08 370.30 Td (an ) Tj ET Q q 0 0 0 rg BT 207.09 370.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 237.12 370.30 Td (auditor's ) Tj ET Q q 0 0 0 rg BT 273.85 370.30 Td (performance ) Tj ET Q q 0 0 0 rg BT 327.38 370.30 Td (assessment, ) Tj ET Q q 0 0 0 rg BT 380.90 370.30 Td (and ) Tj ET Q q 0 0 0 rg BT 398.91 370.30 Td (pursuing ) Tj ET Q q 0 0 0 rg BT 436.44 370.30 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 471.47 370.30 Td (discussions ) Tj ET Q q 0 0 0 rg BT 520.99 370.30 Td (with ) Tj ET Q q 0 0 0 rg BT 540.00 370.30 Td (them; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 356.80 Td (\(g\) ) Tj ET Q q 0 0 0 rg BT 84.35 356.80 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 124.23 356.80 Td (all ) Tj ET Q q 0 0 0 rg BT 135.08 356.80 Td (related ) Tj ET Q q 0 0 0 rg BT 164.46 356.80 Td (party ) Tj ET Q q 0 0 0 rg BT 186.32 356.80 Td (transactions ) Tj ET Q q 0 0 0 rg BT 236.70 356.80 Td (in ) Tj ET Q q 0 0 0 rg BT 245.56 356.80 Td (accordance ) Tj ET Q q 0 0 0 rg BT 293.94 356.80 Td (with ) Tj ET Q q 0 0 0 rg BT 311.80 356.80 Td (the ) Tj ET Q q 0 0 0 rg BT 326.17 356.80 Td (rules ) Tj ET Q q 0 0 0 rg BT 347.53 356.80 Td (of ) Tj ET Q q 0 0 0 rg BT 356.89 356.80 Td (the ) Tj ET Q q 0 0 0 rg BT 371.26 356.80 Td (NYSE ) Tj ET Q q 0 0 0 rg BT 397.62 356.80 Td (and ) Tj ET Q q 0 0 0 rg BT 414.49 356.80 Td (other ) Tj ET Q q 0 0 0 rg BT 436.86 356.80 Td (applicable ) Tj ET Q q 0 0 0 rg BT 479.24 356.80 Td (laws ) Tj ET Q q 0 0 0 rg BT 499.10 356.80 Td (and ) Tj ET Q q 0 0 0 rg BT 515.97 356.80 Td (regulations; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 343.30 Td (\(h\) ) Tj ET Q q 0 0 0 rg BT 85.50 343.30 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 126.52 343.30 Td (the ) Tj ET Q q 0 0 0 rg BT 142.03 343.30 Td (audit ) Tj ET Q q 0 0 0 rg BT 164.55 343.30 Td (procedures ) Tj ET Q q 0 0 0 rg BT 212.58 343.30 Td (including ) Tj ET Q q 0 0 0 rg BT 251.10 343.30 Td (the ) Tj ET Q q 0 0 0 rg BT 266.61 343.30 Td (proposed ) Tj ET Q q 0 0 0 rg BT 307.14 343.30 Td (scope ) Tj ET Q q 0 0 0 rg BT 334.16 343.30 Td (of ) Tj ET Q q 0 0 0 rg BT 344.67 343.30 Td (the ) Tj ET Q q 0 0 0 rg BT 360.18 343.30 Td (external ) Tj ET Q q 0 0 0 rg BT 395.20 343.30 Td (auditor's ) Tj ET Q q 0 0 0 rg BT 431.94 343.30 Td (examinations; ) Tj ET Q q 0 0 0 rg BT 490.47 343.30 Td (and ) Tj ET Q q 0 0 0 rg BT 508.48 343.30 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 519.48 343.30 Td (performing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 329.80 Td (such ) Tj ET Q q 0 0 0 rg BT 93.87 329.80 Td (other ) Tj ET Q q 0 0 0 rg BT 117.75 329.80 Td (functions ) Tj ET Q q 0 0 0 rg BT 157.14 329.80 Td (as ) Tj ET Q q 0 0 0 rg BT 170.01 329.80 Td (are ) Tj ET Q q 0 0 0 rg BT 186.38 329.80 Td (usually ) Tj ET Q q 0 0 0 rg BT 217.76 329.80 Td (attributed ) Tj ET Q q 0 0 0 rg BT 258.65 329.80 Td (to ) Tj ET Q q 0 0 0 rg BT 269.52 329.80 Td (audit ) Tj ET Q q 0 0 0 rg BT 292.40 329.80 Td (committees ) Tj ET Q q 0 0 0 rg BT 341.77 329.80 Td (or ) Tj ET Q q 0 0 0 rg BT 353.14 329.80 Td (as ) Tj ET Q q 0 0 0 rg BT 366.01 329.80 Td (directed ) Tj ET Q q 0 0 0 rg BT 401.39 329.80 Td (by ) Tj ET Q q 0 0 0 rg BT 414.26 329.80 Td (the ) Tj ET Q q 0 0 0 rg BT 430.13 329.80 Td (Board ) Tj ET Q q 0 0 0 rg BT 457.51 329.80 Td (of ) Tj ET Q q 0 0 0 rg BT 468.38 329.80 Td (Directors. ) Tj ET Q q 0 0 0 rg BT 510.25 329.80 Td (In ) Tj ET Q q 0 0 0 rg BT 521.12 329.80 Td (making ) Tj ET Q q 0 0 0 rg BT 553.50 329.80 Td (its ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 316.30 Td (recommendation ) Tj ET Q q 0 0 0 rg BT 141.52 316.30 Td (to ) Tj ET Q q 0 0 0 rg BT 152.02 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 167.52 316.30 Td (Board ) Tj ET Q q 0 0 0 rg BT 194.53 316.30 Td (of ) Tj ET Q q 0 0 0 rg BT 205.02 316.30 Td (Directors ) Tj ET Q q 0 0 0 rg BT 244.02 316.30 Td (in ) Tj ET Q q 0 0 0 rg BT 254.01 316.30 Td (relation ) Tj ET Q q 0 0 0 rg BT 286.52 316.30 Td (to ) Tj ET Q q 0 0 0 rg BT 297.02 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 312.52 316.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 342.54 316.30 Td (appointment ) Tj ET Q q 0 0 0 rg BT 395.06 316.30 Td (of ) Tj ET Q q 0 0 0 rg BT 405.56 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 421.06 316.30 Td (external ) Tj ET Q q 0 0 0 rg BT 456.07 316.30 Td (auditor) Tj ET Q q 0 0 0 rg BT 483.09 316.30 Td (, ) Tj ET Q q 0 0 0 rg BT 488.58 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 503.49 316.30 Td (Audit ) Tj ET Q q 0 0 0 rg BT 526.99 316.30 Td (and ) Tj ET Q q 0 0 0 rg BT 545.00 316.30 Td (Risk ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 302.80 Td (Management ) Tj ET Q q 0 0 0 rg BT 125.46 302.80 Td (Committee ) Tj ET Q q 0 0 0 rg BT 170.39 302.80 Td (conducts ) Tj ET Q q 0 0 0 rg BT 207.84 302.80 Td (an ) Tj ET Q q 0 0 0 rg BT 219.27 302.80 Td (annual ) Tj ET Q q 0 0 0 rg BT 247.73 302.80 Td (assessment ) Tj ET Q q 0 0 0 rg BT 297.17 302.80 Td (of ) Tj ET Q q 0 0 0 rg BT 306.10 302.80 Td (the ) Tj ET Q q 0 0 0 rg BT 320.04 302.80 Td (external ) Tj ET Q q 0 0 0 rg BT 353.48 302.80 Td (auditor's ) Tj ET Q q 0 0 0 rg BT 388.64 302.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 440.59 302.80 Td (following ) Tj ET Q q 0 0 0 rg BT 477.03 302.80 Td (the ) Tj ET Q q 0 0 0 rg BT 490.97 302.80 Td (recommendations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 289.30 Td (of ) Tj ET Q q 0 0 0 rg BT 81.01 289.30 Td (the ) Tj ET Q q 0 0 0 rg BT 95.53 289.30 Td (Chartered ) Tj ET Q q 0 0 0 rg BT 137.56 289.30 Td (Professional ) Tj ET Q q 0 0 0 rg BT 188.70 289.30 Td (Accountants ) Tj ET Q q 0 0 0 rg BT 240.24 289.30 Td (of ) Tj ET Q q 0 0 0 rg BT 249.75 289.30 Td (Canada. ) Tj ET Q q 0 0 0 rg BT 285.66 289.30 Td (The ) Tj ET Q q 0 0 0 rg BT 303.17 289.30 Td (formal ) Tj ET Q q 0 0 0 rg BT 330.19 289.30 Td (assessment ) Tj ET Q q 0 0 0 rg BT 380.21 289.30 Td (is ) Tj ET Q q 0 0 0 rg BT 388.72 289.30 Td (concluded ) Tj ET Q q 0 0 0 rg BT 431.76 289.30 Td (in ) Tj ET Q q 0 0 0 rg BT 440.77 289.30 Td (advance ) Tj ET Q q 0 0 0 rg BT 476.81 289.30 Td (of ) Tj ET Q q 0 0 0 rg BT 486.32 289.30 Td (the ) Tj ET Q q 0 0 0 rg BT 500.44 289.30 Td (Annual ) Tj ET Q q 0 0 0 rg BT 530.48 289.30 Td (General ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 275.80 Td (Meeting ) Tj ET Q q 0 0 0 rg BT 106.02 275.80 Td (of ) Tj ET Q q 0 0 0 rg BT 116.03 275.80 Td (Shareholders ) Tj ET Q q 0 0 0 rg BT 172.06 275.80 Td (and ) Tj ET Q q 0 0 0 rg BT 189.58 275.80 Td (is ) Tj ET Q q 0 0 0 rg BT 198.58 275.80 Td (conducted ) Tj ET Q q 0 0 0 rg BT 242.61 275.80 Td (with ) Tj ET Q q 0 0 0 rg BT 261.12 275.80 Td (the ) Tj ET Q q 0 0 0 rg BT 276.13 275.80 Td (assistance ) Tj ET Q q 0 0 0 rg BT 321.15 275.80 Td (of ) Tj ET Q q 0 0 0 rg BT 331.16 275.80 Td (key ) Tj ET Q q 0 0 0 rg BT 347.66 275.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 366.16 275.80 Td (personnel.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 256.30 Td (As ) Tj ET Q q 0 0 0 rg BT 84.73 256.30 Td (reported ) Tj ET Q q 0 0 0 rg BT 120.99 256.30 Td (in ) Tj ET Q q 0 0 0 rg BT 130.72 256.30 Td (our ) Tj ET Q q 0 0 0 rg BT 146.46 256.30 Td (2017 ) Tj ET Q q 0 0 0 rg BT 168.67 256.30 Td (Annual ) Tj ET Q q 0 0 0 rg BT 199.43 256.30 Td (Report, ) Tj ET Q q 0 0 0 rg BT 231.67 256.30 Td (the ) Tj ET Q q 0 0 0 rg BT 246.92 256.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 288.17 256.30 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 329.93 256.30 Td (the ) Tj ET Q q 0 0 0 rg BT 345.17 256.30 Td (ef) Tj ET Q q 0 0 0 rg BT 352.52 256.30 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 400.27 256.30 Td (of ) Tj ET Q q 0 0 0 rg BT 410.51 256.30 Td (its ) Tj ET Q q 0 0 0 rg BT 422.24 256.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 465.49 256.30 Td (controls ) Tj ET Q q 0 0 0 rg BT 499.73 256.30 Td (and ) Tj ET Q q 0 0 0 rg BT 517.48 256.30 Td (procedures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 242.80 Td (and ) Tj ET Q q 0 0 0 rg BT 89.00 242.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 121.00 242.80 Td (controls ) Tj ET Q q 0 0 0 rg BT 155.00 242.80 Td (over ) Tj ET Q q 0 0 0 rg BT 174.99 242.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 210.50 242.80 Td (reporting ) Tj ET Q q 0 0 0 rg BT 248.50 242.80 Td (based ) Tj ET Q q 0 0 0 rg BT 275.51 242.80 Td (on ) Tj ET Q q 0 0 0 rg BT 288.00 242.80 Td (the ) Tj ET Q q 0 0 0 rg BT 303.00 242.80 Td (framework ) Tj ET Q q 0 0 0 rg BT 347.49 242.80 Td (established ) Tj ET Q q 0 0 0 rg BT 395.51 242.80 Td (in ) Tj ET Q q 0 0 0 rg BT 405.00 242.80 Td (Internal ) Tj ET Q q 0 0 0 rg BT 437.50 242.80 Td (Control ) Tj ET Q q 0 0 0 rg BT 469.00 242.80 Td (- ) Tj ET Q q 0 0 0 rg BT 474.48 242.80 Td (Integrated ) Tj ET Q q 0 0 0 rg BT 517.49 242.80 Td (Framework ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 229.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 99.63 229.30 Td (by ) Tj ET Q q 0 0 0 rg BT 111.26 229.30 Td (the ) Tj ET Q q 0 0 0 rg BT 125.89 229.30 Td (Commitee ) Tj ET Q q 0 0 0 rg BT 169.01 229.30 Td (of ) Tj ET Q q 0 0 0 rg BT 178.64 229.30 Td (Sponsoring ) Tj ET Q q 0 0 0 rg BT 226.29 229.30 Td (Organizations ) Tj ET Q q 0 0 0 rg BT 283.94 229.30 Td (of ) Tj ET Q q 0 0 0 rg BT 293.56 229.30 Td (the ) Tj ET Q q 0 0 0 rg BT 308.05 229.30 Td (T) Tj ET Q q 0 0 0 rg BT 313.22 229.30 Td (readway ) Tj ET Q q 0 0 0 rg BT 349.35 229.30 Td (Commission ) Tj ET Q q 0 0 0 rg BT 400.98 229.30 Td (\(2013 ) Tj ET Q q 0 0 0 rg BT 426.12 229.30 Td (COSO ) Tj ET Q q 0 0 0 rg BT 454.74 229.30 Td (Framework\), ) Tj ET Q q 0 0 0 rg BT 507.36 229.30 Td (supervised ) Tj ET Q q 0 0 0 rg BT 553.00 229.30 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 215.80 Td (and ) Tj ET Q q 0 0 0 rg BT 88.98 215.80 Td (with ) Tj ET Q q 0 0 0 rg BT 107.44 215.80 Td (the ) Tj ET Q q 0 0 0 rg BT 122.41 215.80 Td (participation ) Tj ET Q q 0 0 0 rg BT 173.40 215.80 Td (of ) Tj ET Q q 0 0 0 rg BT 183.37 215.80 Td (the ) Tj ET Q q 0 0 0 rg BT 198.34 215.80 Td (Chief ) Tj ET Q q 0 0 0 rg BT 221.81 215.80 Td (Executive ) Tj ET Q q 0 0 0 rg BT 263.29 215.80 Td (Of) Tj ET Q q 0 0 0 rg BT 272.63 215.80 Td (ficer ) Tj ET Q q 0 0 0 rg BT 292.09 215.80 Td (and ) Tj ET Q q 0 0 0 rg BT 309.56 215.80 Td (the ) Tj ET Q q 0 0 0 rg BT 324.54 215.80 Td (Chief ) Tj ET Q q 0 0 0 rg BT 348.01 215.80 Td (Financial ) Tj ET Q q 0 0 0 rg BT 386.48 215.80 Td (Of) Tj ET Q q 0 0 0 rg BT 395.82 215.80 Td (ficer ) Tj ET Q q 0 0 0 rg BT 415.28 215.80 Td (as ) Tj ET Q q 0 0 0 rg BT 427.25 215.80 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.21 215.80 Td (September30, ) Tj ET Q q 0 0 0 rg BT 498.71 215.80 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.73 215.80 Td (. ) Tj ET Q q 0 0 0 rg BT 523.53 215.80 Td (The ) Tj ET Q q 0 0 0 rg BT 541.50 215.80 Td (Chief ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 202.30 Td (Executive ) Tj ET Q q 0 0 0 rg BT 112.53 202.30 Td (Of) Tj ET Q q 0 0 0 rg BT 121.87 202.30 Td (ficer ) Tj ET Q q 0 0 0 rg BT 140.89 202.30 Td (and ) Tj ET Q q 0 0 0 rg BT 157.92 202.30 Td (Chief ) Tj ET Q q 0 0 0 rg BT 180.94 202.30 Td (Financial ) Tj ET Q q 0 0 0 rg BT 218.98 202.30 Td (Of) Tj ET Q q 0 0 0 rg BT 228.32 202.30 Td (ficer ) Tj ET Q q 0 0 0 rg BT 247.33 202.30 Td (concluded ) Tj ET Q q 0 0 0 rg BT 290.38 202.30 Td (that, ) Tj ET Q q 0 0 0 rg BT 309.91 202.30 Td (based ) Tj ET Q q 0 0 0 rg BT 336.44 202.30 Td (on ) Tj ET Q q 0 0 0 rg BT 348.47 202.30 Td (this ) Tj ET Q q 0 0 0 rg BT 364.49 202.30 Td (evaluation, ) Tj ET Q q 0 0 0 rg BT 410.03 202.30 Td (the ) Tj ET Q q 0 0 0 rg BT 424.56 202.30 Td (Company) Tj ET Q q 0 0 0 rg BT 464.92 202.30 Td (s ) Tj ET Q q 0 0 0 rg BT 471.43 202.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 513.96 202.30 Td (controls ) Tj ET Q q 0 0 0 rg BT 547.49 202.30 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 188.80 Td (procedures ) Tj ET Q q 0 0 0 rg BT 118.96 188.80 Td (and ) Tj ET Q q 0 0 0 rg BT 136.41 188.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 168.36 188.80 Td (controls ) Tj ET Q q 0 0 0 rg BT 202.31 188.80 Td (over ) Tj ET Q q 0 0 0 rg BT 222.25 188.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 257.70 188.80 Td (reporting ) Tj ET Q q 0 0 0 rg BT 295.65 188.80 Td (were ) Tj ET Q q 0 0 0 rg BT 317.60 188.80 Td (adequate ) Tj ET Q q 0 0 0 rg BT 357.57 188.80 Td (and ) Tj ET Q q 0 0 0 rg BT 375.02 188.80 Td (ef) Tj ET Q q 0 0 0 rg BT 382.36 188.80 Td (fective, ) Tj ET Q q 0 0 0 rg BT 413.30 188.80 Td (at ) Tj ET Q q 0 0 0 rg BT 423.24 188.80 Td (a ) Tj ET Q q 0 0 0 rg BT 430.68 188.80 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 477.65 188.80 Td (level ) Tj ET Q q 0 0 0 rg BT 498.59 188.80 Td (of ) Tj ET Q q 0 0 0 rg BT 508.53 188.80 Td (assurance, ) Tj ET Q q 0 0 0 rg BT 554.99 188.80 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 175.30 Td (ensure ) Tj ET Q q 0 0 0 rg BT 101.50 175.30 Td (that ) Tj ET Q q 0 0 0 rg BT 119.00 175.30 Td (material ) Tj ET Q q 0 0 0 rg BT 153.50 175.30 Td (information ) Tj ET Q q 0 0 0 rg BT 200.50 175.30 Td (related ) Tj ET Q q 0 0 0 rg BT 230.51 175.30 Td (to ) Tj ET Q q 0 0 0 rg BT 240.50 175.30 Td (the ) Tj ET Q q 0 0 0 rg BT 255.50 175.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 296.50 175.30 Td (and ) Tj ET Q q 0 0 0 rg BT 314.00 175.30 Td (its ) Tj ET Q q 0 0 0 rg BT 325.49 175.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 378.51 175.30 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 428.52 175.30 Td (would ) Tj ET Q q 0 0 0 rg BT 454.52 175.30 Td (be ) Tj ET Q q 0 0 0 rg BT 467.02 175.30 Td (made ) Tj ET Q q 0 0 0 rg BT 492.02 175.30 Td (known ) Tj ET Q q 0 0 0 rg BT 520.52 175.30 Td (to ) Tj ET Q q 0 0 0 rg BT 530.51 175.30 Td (them ) Tj ET Q q 0 0 0 rg BT 553.00 175.30 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 161.80 Td (others ) Tj ET Q q 0 0 0 rg BT 99.01 161.80 Td (within ) Tj ET Q q 0 0 0 rg BT 124.52 161.80 Td (those ) Tj ET Q q 0 0 0 rg BT 149.04 161.80 Td (entities.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 142.30 Td (For ) Tj ET Q q 0 0 0 rg BT 88.46 142.30 Td (the ) Tj ET Q q 0 0 0 rg BT 104.42 142.30 Td (quarter ) Tj ET Q q 0 0 0 rg BT 136.40 142.30 Td (ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 164.88 142.30 Td (June30, ) Tj ET Q q 0 0 0 rg BT 202.86 142.30 Td (2018) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.89 142.30 Td (, ) Tj ET Q q 0 0 0 rg BT 228.84 142.30 Td (there ) Tj ET Q q 0 0 0 rg BT 252.81 142.30 Td (was ) Tj ET Q q 0 0 0 rg BT 272.27 142.30 Td (no ) Tj ET Q q 0 0 0 rg BT 285.74 142.30 Td (change ) Tj ET Q q 0 0 0 rg BT 318.73 142.30 Td (in ) Tj ET Q q 0 0 0 rg BT 329.19 142.30 Td (our ) Tj ET Q q 0 0 0 rg BT 345.65 142.30 Td (internal ) Tj ET Q q 0 0 0 rg BT 378.63 142.30 Td (control ) Tj ET Q q 0 0 0 rg BT 409.10 142.30 Td (over ) Tj ET Q q 0 0 0 rg BT 430.06 142.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 466.54 142.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 505.51 142.30 Td (that ) Tj ET Q q 0 0 0 rg BT 523.98 142.30 Td (materially ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 71.50 128.80 Td (af) Tj ET Q q 0 0 0 rg BT 78.84 128.80 Td (fected, ) Tj ET Q q 0 0 0 rg BT 108.36 128.80 Td (or ) Tj ET Q q 0 0 0 rg BT 118.86 128.80 Td (is ) Tj ET Q q 0 0 0 rg BT 127.86 128.80 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 174.39 128.80 Td (likely ) Tj ET Q q 0 0 0 rg BT 196.90 128.80 Td (to ) Tj ET Q q 0 0 0 rg BT 206.90 128.80 Td (materially ) Tj ET Q q 0 0 0 rg BT 247.91 128.80 Td (af) Tj ET Q q 0 0 0 rg BT 255.26 128.80 Td (fect ) Tj ET Q q 0 0 0 rg BT 272.26 128.80 Td (the ) Tj ET Q q 0 0 0 rg BT 287.28 128.80 Td (Company's ) Tj ET Q q 0 0 0 rg BT 334.51 128.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 366.53 128.80 Td (controls ) Tj ET Q q 0 0 0 rg BT 400.54 128.80 Td (over ) Tj ET Q q 0 0 0 rg BT 420.55 128.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 456.07 128.80 Td (reporting.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (38) Tj ET Q BT /F1 10.00 Tf ET BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 706.80 Td (8. ) Tj ET Q q 0 0 0 rg BT 72.00 706.80 Td (Risk Environment) Tj ET Q 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 696.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 692.3 m 57.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 142.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 692.3 m 228.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 692.3 m 337.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 692.3 m 475.5 692.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 692.3 m 561.5 692.3 l s 0 0 0 RG /GS0 gs 1.50 w 0 i [] 0 d 0 J 0 j 3 M 57.5 692.3 m 57.5 688.3 l s BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 657.30 Td (8.1. ) Tj ET Q q 0 0 0 rg BT 91.01 657.30 Td (RISKS ) Tj ET Q q 0 0 0 rg BT 120.68 657.30 Td (AND ) Tj ET Q q 0 0 0 rg BT 142.68 657.30 Td (UNCERT) Tj ET Q q 0 0 0 rg BT 179.51 657.30 Td (AINTIES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 637.80 Td (While ) Tj ET Q q 0 0 0 rg BT 96.95 637.80 Td (we ) Tj ET Q q 0 0 0 rg BT 110.90 637.80 Td (are ) Tj ET Q q 0 0 0 rg BT 126.35 637.80 Td (confident ) Tj ET Q q 0 0 0 rg BT 165.32 637.80 Td (about ) Tj ET Q q 0 0 0 rg BT 190.28 637.80 Td (our ) Tj ET Q q 0 0 0 rg BT 205.73 637.80 Td (long-term ) Tj ET Q q 0 0 0 rg BT 246.19 637.80 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 290.15 637.80 Td (a ) Tj ET Q q 0 0 0 rg BT 297.60 637.80 Td (number ) Tj ET Q q 0 0 0 rg BT 330.56 637.80 Td (of ) Tj ET Q q 0 0 0 rg BT 340.50 637.80 Td (risks ) Tj ET Q q 0 0 0 rg BT 361.44 637.80 Td (and ) Tj ET Q q 0 0 0 rg BT 378.90 637.80 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 432.38 637.80 Td (could ) Tj ET Q q 0 0 0 rg BT 456.33 637.80 Td (af) Tj ET Q q 0 0 0 rg BT 463.68 637.80 Td (fect ) Tj ET Q q 0 0 0 rg BT 480.63 637.80 Td (our ) Tj ET Q q 0 0 0 rg BT 496.08 637.80 Td (ability ) Tj ET Q q 0 0 0 rg BT 521.53 637.80 Td (to ) Tj ET Q q 0 0 0 rg BT 531.48 637.80 Td (achieve ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 624.30 Td (our ) Tj ET Q q 0 0 0 rg BT 87.97 624.30 Td (strategic ) Tj ET Q q 0 0 0 rg BT 124.95 624.30 Td (vision ) Tj ET Q q 0 0 0 rg BT 150.92 624.30 Td (and ) Tj ET Q q 0 0 0 rg BT 168.90 624.30 Td (objectives ) Tj ET Q q 0 0 0 rg BT 211.89 624.30 Td (for ) Tj ET Q q 0 0 0 rg BT 225.36 624.30 Td (growth. ) Tj ET Q q 0 0 0 rg BT 257.64 624.30 Td (The ) Tj ET Q q 0 0 0 rg BT 276.12 624.30 Td (following ) Tj ET Q q 0 0 0 rg BT 314.10 624.30 Td (risks ) Tj ET Q q 0 0 0 rg BT 335.56 624.30 Td (and ) Tj ET Q q 0 0 0 rg BT 353.54 624.30 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 407.53 624.30 Td (should ) Tj ET Q q 0 0 0 rg BT 437.02 624.30 Td (be ) Tj ET Q q 0 0 0 rg BT 450.00 624.30 Td (considered ) Tj ET Q q 0 0 0 rg BT 496.99 624.30 Td (when ) Tj ET Q q 0 0 0 rg BT 521.47 624.30 Td (evaluating ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 610.80 Td (our ) Tj ET Q q 0 0 0 rg BT 87.51 610.80 Td (potential ) Tj ET Q q 0 0 0 rg BT 124.04 610.80 Td (as ) Tj ET Q q 0 0 0 rg BT 136.04 610.80 Td (an ) Tj ET Q q 0 0 0 rg BT 148.55 610.80 Td (investment.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 582.30 Td (8.1.1. ) Tj ET Q q 0 0 0 rg BT 98.52 582.30 Td (Risks ) Tj ET Q q 0 0 0 rg BT 125.03 582.30 Td (Related ) Tj ET Q q 0 0 0 rg BT 160.05 582.30 Td (to ) Tj ET Q q 0 0 0 rg BT 171.04 582.30 Td (the ) Tj ET Q q 0 0 0 rg BT 187.04 582.30 Td (Market) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 558.516796875 m 128.0126953125 558.516796875 l s q 0 0 0 rg BT 72.00 559.80 Td (Economic ) Tj ET Q q 0 0 0 rg BT 114.02 559.80 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 540.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.17 540.30 Td (level ) Tj ET Q q 0 0 0 rg BT 111.34 540.30 Td (of ) Tj ET Q q 0 0 0 rg BT 121.51 540.30 Td (business ) Tj ET Q q 0 0 0 rg BT 159.70 540.30 Td (activity ) Tj ET Q q 0 0 0 rg BT 189.87 540.30 Td (of ) Tj ET Q q 0 0 0 rg BT 200.03 540.30 Td (our ) Tj ET Q q 0 0 0 rg BT 215.71 540.30 Td (clients, ) Tj ET Q q 0 0 0 rg BT 246.38 540.30 Td (which ) Tj ET Q q 0 0 0 rg BT 272.05 540.30 Td (is ) Tj ET Q q 0 0 0 rg BT 281.21 540.30 Td (af) Tj ET Q q 0 0 0 rg BT 288.56 540.30 Td (fected ) Tj ET Q q 0 0 0 rg BT 315.74 540.30 Td (by ) Tj ET Q q 0 0 0 rg BT 327.91 540.30 Td (economic ) Tj ET Q q 0 0 0 rg BT 369.09 540.30 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 414.78 540.30 Td (has ) Tj ET Q q 0 0 0 rg BT 431.95 540.30 Td (a ) Tj ET Q q 0 0 0 rg BT 439.62 540.30 Td (bearing ) Tj ET Q q 0 0 0 rg BT 472.31 540.30 Td (upon ) Tj ET Q q 0 0 0 rg BT 494.99 540.30 Td (the ) Tj ET Q q 0 0 0 rg BT 510.17 540.30 Td (results ) Tj ET Q q 0 0 0 rg BT 539.34 540.30 Td (of ) Tj ET Q q 0 0 0 rg BT 549.51 540.30 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 526.80 Td (operations. ) Tj ET Q q 0 0 0 rg BT 119.28 526.80 Td (W) Tj ET Q q 0 0 0 rg BT 127.61 526.80 Td (e ) Tj ET Q q 0 0 0 rg BT 135.36 526.80 Td (can ) Tj ET Q q 0 0 0 rg BT 152.62 526.80 Td (neither ) Tj ET Q q 0 0 0 rg BT 182.88 526.80 Td (predict ) Tj ET Q q 0 0 0 rg BT 212.64 526.80 Td (the ) Tj ET Q q 0 0 0 rg BT 227.90 526.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 257.15 526.80 Td (that ) Tj ET Q q 0 0 0 rg BT 274.91 526.80 Td (current ) Tj ET Q q 0 0 0 rg BT 305.67 526.80 Td (economic ) Tj ET Q q 0 0 0 rg BT 346.93 526.80 Td (conditions ) Tj ET Q q 0 0 0 rg BT 390.20 526.80 Td (will ) Tj ET Q q 0 0 0 rg BT 405.45 526.80 Td (have ) Tj ET Q q 0 0 0 rg BT 427.71 526.80 Td (on ) Tj ET Q q 0 0 0 rg BT 440.47 526.80 Td (our ) Tj ET Q q 0 0 0 rg BT 456.22 526.80 Td (future ) Tj ET Q q 0 0 0 rg BT 481.98 526.80 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 519.75 526.80 Td (nor ) Tj ET Q q 0 0 0 rg BT 535.50 526.80 Td (predict ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 513.30 Td (when ) Tj ET Q q 0 0 0 rg BT 95.53 513.30 Td (economic ) Tj ET Q q 0 0 0 rg BT 136.07 513.30 Td (conditions ) Tj ET Q q 0 0 0 rg BT 178.61 513.30 Td (will ) Tj ET Q q 0 0 0 rg BT 193.13 513.30 Td (show ) Tj ET Q q 0 0 0 rg BT 216.15 513.30 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 262.20 513.30 Td (improvement. ) Tj ET Q q 0 0 0 rg BT 318.74 513.30 Td (During ) Tj ET Q q 0 0 0 rg BT 347.26 513.30 Td (an ) Tj ET Q q 0 0 0 rg BT 359.29 513.30 Td (economic ) Tj ET Q q 0 0 0 rg BT 399.83 513.30 Td (downturn, ) Tj ET Q q 0 0 0 rg BT 441.37 513.30 Td (our ) Tj ET Q q 0 0 0 rg BT 456.39 513.30 Td (clients ) Tj ET Q q 0 0 0 rg BT 483.92 513.30 Td (and ) Tj ET Q q 0 0 0 rg BT 500.95 513.30 Td (potential ) Tj ET Q q 0 0 0 rg BT 537.00 513.30 Td (clients ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 499.80 Td (may ) Tj ET Q q 0 0 0 rg BT 91.72 499.80 Td (cancel, ) Tj ET Q q 0 0 0 rg BT 122.96 499.80 Td (reduce ) Tj ET Q q 0 0 0 rg BT 153.20 499.80 Td (or ) Tj ET Q q 0 0 0 rg BT 163.92 499.80 Td (defer ) Tj ET Q q 0 0 0 rg BT 187.15 499.80 Td (existing ) Tj ET Q q 0 0 0 rg BT 220.39 499.80 Td (contracts ) Tj ET Q q 0 0 0 rg BT 259.62 499.80 Td (and ) Tj ET Q q 0 0 0 rg BT 277.36 499.80 Td (delay ) Tj ET Q q 0 0 0 rg BT 301.60 499.80 Td (entering ) Tj ET Q q 0 0 0 rg BT 336.84 499.80 Td (into ) Tj ET Q q 0 0 0 rg BT 354.07 499.80 Td (new ) Tj ET Q q 0 0 0 rg BT 373.30 499.80 Td (engagements. ) Tj ET Q q 0 0 0 rg BT 433.06 499.80 Td (Clients ) Tj ET Q q 0 0 0 rg BT 463.29 499.80 Td (may ) Tj ET Q q 0 0 0 rg BT 483.02 499.80 Td (decide ) Tj ET Q q 0 0 0 rg BT 512.26 499.80 Td (to ) Tj ET Q q 0 0 0 rg BT 522.48 499.80 Td (undertake ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 486.30 Td (fewer ) Tj ET Q q 0 0 0 rg BT 96.58 486.30 Td (IT) Tj ET Q q 0 0 0 rg BT 104.41 486.30 Td ( ) Tj ET Q q 0 0 0 rg BT 106.98 486.30 Td (systems ) Tj ET Q q 0 0 0 rg BT 142.56 486.30 Td (projects ) Tj ET Q q 0 0 0 rg BT 176.64 486.30 Td (during ) Tj ET Q q 0 0 0 rg BT 204.23 486.30 Td (dif) Tj ET Q q 0 0 0 rg BT 213.57 486.30 Td (ficult ) Tj ET Q q 0 0 0 rg BT 234.65 486.30 Td (economic ) Tj ET Q q 0 0 0 rg BT 275.74 486.30 Td (times, ) Tj ET Q q 0 0 0 rg BT 302.31 486.30 Td (resulting ) Tj ET Q q 0 0 0 rg BT 338.90 486.30 Td (in ) Tj ET Q q 0 0 0 rg BT 348.47 486.30 Td (limited ) Tj ET Q q 0 0 0 rg BT 377.05 486.30 Td (implementation ) Tj ET Q q 0 0 0 rg BT 440.65 486.30 Td (of ) Tj ET Q q 0 0 0 rg BT 450.73 486.30 Td (new ) Tj ET Q q 0 0 0 rg BT 469.81 486.30 Td (technology ) Tj ET Q q 0 0 0 rg BT 515.91 486.30 Td (and ) Tj ET Q q 0 0 0 rg BT 533.50 486.30 Td (smaller ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 472.80 Td (engagements. ) Tj ET Q q 0 0 0 rg BT 131.17 472.80 Td (Since ) Tj ET Q q 0 0 0 rg BT 155.82 472.80 Td (there ) Tj ET Q q 0 0 0 rg BT 178.47 472.80 Td (may ) Tj ET Q q 0 0 0 rg BT 197.60 472.80 Td (be ) Tj ET Q q 0 0 0 rg BT 209.75 472.80 Td (fewer ) Tj ET Q q 0 0 0 rg BT 233.89 472.80 Td (engagements ) Tj ET Q q 0 0 0 rg BT 290.56 472.80 Td (in ) Tj ET Q q 0 0 0 rg BT 299.70 472.80 Td (a ) Tj ET Q q 0 0 0 rg BT 306.83 472.80 Td (downturn, ) Tj ET Q q 0 0 0 rg BT 348.49 472.80 Td (competition ) Tj ET Q q 0 0 0 rg BT 396.65 472.80 Td (may ) Tj ET Q q 0 0 0 rg BT 415.78 472.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 451.94 472.80 Td (and ) Tj ET Q q 0 0 0 rg BT 469.08 472.80 Td (pricing ) Tj ET Q q 0 0 0 rg BT 497.73 472.80 Td (for ) Tj ET Q q 0 0 0 rg BT 510.36 472.80 Td (services ) Tj ET Q q 0 0 0 rg BT 545.50 472.80 Td (may ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 459.30 Td (decline ) Tj ET Q q 0 0 0 rg BT 103.56 459.30 Td (as ) Tj ET Q q 0 0 0 rg BT 116.11 459.30 Td (competitors ) Tj ET Q q 0 0 0 rg BT 165.67 459.30 Td (may ) Tj ET Q q 0 0 0 rg BT 185.71 459.30 Td (decrease ) Tj ET Q q 0 0 0 rg BT 225.78 459.30 Td (rates ) Tj ET Q q 0 0 0 rg BT 248.83 459.30 Td (to ) Tj ET Q q 0 0 0 rg BT 259.37 459.30 Td (maintain ) Tj ET Q q 0 0 0 rg BT 296.43 459.30 Td (or ) Tj ET Q q 0 0 0 rg BT 307.48 459.30 Td (increase ) Tj ET Q q 0 0 0 rg BT 344.54 459.30 Td (their ) Tj ET Q q 0 0 0 rg BT 365.09 459.30 Td (market ) Tj ET Q q 0 0 0 rg BT 395.63 459.30 Td (share ) Tj ET Q q 0 0 0 rg BT 421.19 459.30 Td (in ) Tj ET Q q 0 0 0 rg BT 431.23 459.30 Td (our ) Tj ET Q q 0 0 0 rg BT 447.28 459.30 Td (industry ) Tj ET Q q 0 0 0 rg BT 481.84 459.30 Td (and ) Tj ET Q q 0 0 0 rg BT 499.90 459.30 Td (this ) Tj ET Q q 0 0 0 rg BT 516.94 459.30 Td (may ) Tj ET Q q 0 0 0 rg BT 536.99 459.30 Td (trigger ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 445.80 Td (pricing ) Tj ET Q q 0 0 0 rg BT 102.26 445.80 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 154.54 445.80 Td (related ) Tj ET Q q 0 0 0 rg BT 185.80 445.80 Td (to ) Tj ET Q q 0 0 0 rg BT 197.06 445.80 Td (the ) Tj ET Q q 0 0 0 rg BT 213.32 445.80 Td (benchmarking ) Tj ET Q q 0 0 0 rg BT 273.60 445.80 Td (obligations ) Tj ET Q q 0 0 0 rg BT 320.38 445.80 Td (within ) Tj ET Q q 0 0 0 rg BT 347.14 445.80 Td (our ) Tj ET Q q 0 0 0 rg BT 363.90 445.80 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 406.66 445.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 425.41 445.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 461.69 445.80 Td (and ) Tj ET Q q 0 0 0 rg BT 480.45 445.80 Td (profitability ) Tj ET Q q 0 0 0 rg BT 527.22 445.80 Td (could ) Tj ET Q q 0 0 0 rg BT 552.49 445.80 Td (be ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 432.30 Td (negatively ) Tj ET Q q 0 0 0 rg BT 115.03 432.30 Td (impacted ) Tj ET Q q 0 0 0 rg BT 154.05 432.30 Td (as ) Tj ET Q q 0 0 0 rg BT 166.05 432.30 Td (a ) Tj ET Q q 0 0 0 rg BT 173.56 432.30 Td (result ) Tj ET Q q 0 0 0 rg BT 198.07 432.30 Td (of ) Tj ET Q q 0 0 0 rg BT 208.07 432.30 Td (these ) Tj ET Q q 0 0 0 rg BT 232.59 432.30 Td (factors.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 403.80 Td (8.1.2. ) Tj ET Q q 0 0 0 rg BT 98.52 403.80 Td (Risks ) Tj ET Q q 0 0 0 rg BT 125.03 403.80 Td (Related ) Tj ET Q q 0 0 0 rg BT 160.05 403.80 Td (to ) Tj ET Q q 0 0 0 rg BT 171.04 403.80 Td (our ) Tj ET Q q 0 0 0 rg BT 188.04 403.80 Td (Industry) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 380.016796875 m 188.05078125 380.016796875 l s q 0 0 0 rg BT 72.00 381.30 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 381.30 Td (competition ) Tj ET Q q 0 0 0 rg BT 138.53 381.30 Td (for ) Tj ET Q q 0 0 0 rg BT 151.54 381.30 Td (contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 361.80 Td (CGI ) Tj ET Q q 0 0 0 rg BT 89.68 361.80 Td (operates ) Tj ET Q q 0 0 0 rg BT 126.39 361.80 Td (in ) Tj ET Q q 0 0 0 rg BT 135.07 361.80 Td (a ) Tj ET Q q 0 0 0 rg BT 141.76 361.80 Td (global ) Tj ET Q q 0 0 0 rg BT 167.46 361.80 Td (marketplace ) Tj ET Q q 0 0 0 rg BT 218.16 361.80 Td (in ) Tj ET Q q 0 0 0 rg BT 226.85 361.80 Td (which ) Tj ET Q q 0 0 0 rg BT 251.54 361.80 Td (competition ) Tj ET Q q 0 0 0 rg BT 299.25 361.80 Td (among ) Tj ET Q q 0 0 0 rg BT 328.45 361.80 Td (providers ) Tj ET Q q 0 0 0 rg BT 367.14 361.80 Td (of ) Tj ET Q q 0 0 0 rg BT 376.33 361.80 Td (IT) Tj ET Q q 0 0 0 rg BT 384.16 361.80 Td ( ) Tj ET Q q 0 0 0 rg BT 385.85 361.80 Td (services ) Tj ET Q q 0 0 0 rg BT 420.53 361.80 Td (is ) Tj ET Q q 0 0 0 rg BT 428.71 361.80 Td (vigorous. ) Tj ET Q q 0 0 0 rg BT 466.91 361.80 Td (Some ) Tj ET Q q 0 0 0 rg BT 492.11 361.80 Td (of ) Tj ET Q q 0 0 0 rg BT 501.29 361.80 Td (our ) Tj ET Q q 0 0 0 rg BT 515.98 361.80 Td (competitors ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 348.30 Td (possess ) Tj ET Q q 0 0 0 rg BT 107.50 348.30 Td (greater ) Tj ET Q q 0 0 0 rg BT 138.50 348.30 Td (financial, ) Tj ET Q q 0 0 0 rg BT 176.51 348.30 Td (marketing ) Tj ET Q q 0 0 0 rg BT 218.51 348.30 Td (and ) Tj ET Q q 0 0 0 rg BT 236.01 348.30 Td (sales ) Tj ET Q q 0 0 0 rg BT 259.51 348.30 Td (resources, ) Tj ET Q q 0 0 0 rg BT 304.01 348.30 Td (and ) Tj ET Q q 0 0 0 rg BT 321.51 348.30 Td (larger ) Tj ET Q q 0 0 0 rg BT 347.01 348.30 Td (geographic ) Tj ET Q q 0 0 0 rg BT 394.03 348.30 Td (scope ) Tj ET Q q 0 0 0 rg BT 420.53 348.30 Td (in ) Tj ET Q q 0 0 0 rg BT 430.02 348.30 Td (certain ) Tj ET Q q 0 0 0 rg BT 459.52 348.30 Td (parts ) Tj ET Q q 0 0 0 rg BT 482.02 348.30 Td (of ) Tj ET Q q 0 0 0 rg BT 492.01 348.30 Td (the ) Tj ET Q q 0 0 0 rg BT 507.00 348.30 Td (world ) Tj ET Q q 0 0 0 rg BT 531.00 348.30 Td (than ) Tj ET Q q 0 0 0 rg BT 551.00 348.30 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 334.80 Td (do, ) Tj ET Q q 0 0 0 rg BT 88.44 334.80 Td (which, ) Tj ET Q q 0 0 0 rg BT 117.88 334.80 Td (in ) Tj ET Q q 0 0 0 rg BT 128.82 334.80 Td (turn, ) Tj ET Q q 0 0 0 rg BT 150.76 334.80 Td (provides ) Tj ET Q q 0 0 0 rg BT 188.71 334.80 Td (them ) Tj ET Q q 0 0 0 rg BT 212.65 334.80 Td (with ) Tj ET Q q 0 0 0 rg BT 232.58 334.80 Td (additional ) Tj ET Q q 0 0 0 rg BT 275.05 334.80 Td (leverage ) Tj ET Q q 0 0 0 rg BT 313.50 334.80 Td (in ) Tj ET Q q 0 0 0 rg BT 324.44 334.80 Td (the ) Tj ET Q q 0 0 0 rg BT 340.88 334.80 Td (competition ) Tj ET Q q 0 0 0 rg BT 390.83 334.80 Td (for ) Tj ET Q q 0 0 0 rg BT 405.27 334.80 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 448.21 334.80 Td (In ) Tj ET Q q 0 0 0 rg BT 459.65 334.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 490.60 334.80 Td (niche, ) Tj ET Q q 0 0 0 rg BT 518.54 334.80 Td (regional ) Tj ET Q q 0 0 0 rg BT 554.50 334.80 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 321.30 Td (metropolitan ) Tj ET Q q 0 0 0 rg BT 123.11 321.30 Td (markets, ) Tj ET Q q 0 0 0 rg BT 159.19 321.30 Td (we ) Tj ET Q q 0 0 0 rg BT 172.28 321.30 Td (face ) Tj ET Q q 0 0 0 rg BT 190.87 321.30 Td (smaller ) Tj ET Q q 0 0 0 rg BT 221.46 321.30 Td (competitors ) Tj ET Q q 0 0 0 rg BT 269.55 321.30 Td (with ) Tj ET Q q 0 0 0 rg BT 287.14 321.30 Td (specialized ) Tj ET Q q 0 0 0 rg BT 333.25 321.30 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 379.35 321.30 Td (who ) Tj ET Q q 0 0 0 rg BT 397.44 321.30 Td (may ) Tj ET Q q 0 0 0 rg BT 416.03 321.30 Td (be ) Tj ET Q q 0 0 0 rg BT 427.62 321.30 Td (able ) Tj ET Q q 0 0 0 rg BT 446.22 321.30 Td (to ) Tj ET Q q 0 0 0 rg BT 455.30 321.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 486.40 321.30 Td (competing ) Tj ET Q q 0 0 0 rg BT 529.51 321.30 Td (services ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 307.80 Td (with ) Tj ET Q q 0 0 0 rg BT 89.95 307.80 Td (greater ) Tj ET Q q 0 0 0 rg BT 120.42 307.80 Td (economic ) Tj ET Q q 0 0 0 rg BT 160.89 307.80 Td (ef) Tj ET Q q 0 0 0 rg BT 168.23 307.80 Td (ficiency) Tj ET Q q 0 0 0 rg BT 197.57 307.80 Td (. ) Tj ET Q q 0 0 0 rg BT 202.02 307.80 Td (Some ) Tj ET Q q 0 0 0 rg BT 227.48 307.80 Td (of ) Tj ET Q q 0 0 0 rg BT 236.94 307.80 Td (our ) Tj ET Q q 0 0 0 rg BT 251.90 307.80 Td (competitors ) Tj ET Q q 0 0 0 rg BT 300.36 307.80 Td (have ) Tj ET Q q 0 0 0 rg BT 321.83 307.80 Td (more ) Tj ET Q q 0 0 0 rg BT 344.28 307.80 Td (significant ) Tj ET Q q 0 0 0 rg BT 386.25 307.80 Td (operations ) Tj ET Q q 0 0 0 rg BT 430.23 307.80 Td (than ) Tj ET Q q 0 0 0 rg BT 449.70 307.80 Td (we ) Tj ET Q q 0 0 0 rg BT 463.15 307.80 Td (do ) Tj ET Q q 0 0 0 rg BT 475.11 307.80 Td (in ) Tj ET Q q 0 0 0 rg BT 484.07 307.80 Td (lower ) Tj ET Q q 0 0 0 rg BT 507.53 307.80 Td (cost ) Tj ET Q q 0 0 0 rg BT 525.98 307.80 Td (countries ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 294.30 Td (that ) Tj ET Q q 0 0 0 rg BT 90.26 294.30 Td (can ) Tj ET Q q 0 0 0 rg BT 108.03 294.30 Td (serve ) Tj ET Q q 0 0 0 rg BT 133.29 294.30 Td (as ) Tj ET Q q 0 0 0 rg BT 146.05 294.30 Td (a ) Tj ET Q q 0 0 0 rg BT 154.30 294.30 Td (platform ) Tj ET Q q 0 0 0 rg BT 190.07 294.30 Td (from ) Tj ET Q q 0 0 0 rg BT 211.32 294.30 Td (which ) Tj ET Q q 0 0 0 rg BT 237.58 294.30 Td (to ) Tj ET Q q 0 0 0 rg BT 248.34 294.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 281.11 294.30 Td (services ) Tj ET Q q 0 0 0 rg BT 317.37 294.30 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 360.64 294.30 Td (on ) Tj ET Q q 0 0 0 rg BT 373.90 294.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 399.65 294.30 Td (that ) Tj ET Q q 0 0 0 rg BT 417.92 294.30 Td (may ) Tj ET Q q 0 0 0 rg BT 438.17 294.30 Td (be ) Tj ET Q q 0 0 0 rg BT 451.44 294.30 Td (more ) Tj ET Q q 0 0 0 rg BT 475.19 294.30 Td (favourable. ) Tj ET Q q 0 0 0 rg BT 522.98 294.30 Td (Increased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 280.80 Td (competition ) Tj ET Q q 0 0 0 rg BT 120.72 280.80 Td (among ) Tj ET Q q 0 0 0 rg BT 150.94 280.80 Td (IT) Tj ET Q q 0 0 0 rg BT 158.78 280.80 Td ( ) Tj ET Q q 0 0 0 rg BT 161.48 280.80 Td (services ) Tj ET Q q 0 0 0 rg BT 197.19 280.80 Td (firms ) Tj ET Q q 0 0 0 rg BT 219.38 280.80 Td (often ) Tj ET Q q 0 0 0 rg BT 242.10 280.80 Td (results ) Tj ET Q q 0 0 0 rg BT 271.31 280.80 Td (in ) Tj ET Q q 0 0 0 rg BT 281.01 280.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 340.75 280.80 Td (pressure ) Tj ET Q q 0 0 0 rg BT 378.47 280.80 Td (on ) Tj ET Q q 0 0 0 rg BT 391.18 280.80 Td (prices. ) Tj ET Q q 0 0 0 rg BT 420.21 280.80 Td (There ) Tj ET Q q 0 0 0 rg BT 446.42 280.80 Td (can ) Tj ET Q q 0 0 0 rg BT 463.64 280.80 Td (be ) Tj ET Q q 0 0 0 rg BT 476.35 280.80 Td (no ) Tj ET Q q 0 0 0 rg BT 489.06 280.80 Td (assurance ) Tj ET Q q 0 0 0 rg BT 533.28 280.80 Td (that ) Tj ET Q q 0 0 0 rg BT 551.00 280.80 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 267.30 Td (will ) Tj ET Q q 0 0 0 rg BT 86.69 267.30 Td (succeed ) Tj ET Q q 0 0 0 rg BT 122.40 267.30 Td (in ) Tj ET Q q 0 0 0 rg BT 131.59 267.30 Td (providing ) Tj ET Q q 0 0 0 rg BT 170.30 267.30 Td (competitively ) Tj ET Q q 0 0 0 rg BT 224.51 267.30 Td (priced ) Tj ET Q q 0 0 0 rg BT 251.21 267.30 Td (services ) Tj ET Q q 0 0 0 rg BT 286.41 267.30 Td (at ) Tj ET Q q 0 0 0 rg BT 296.10 267.30 Td (levels ) Tj ET Q q 0 0 0 rg BT 321.30 267.30 Td (of ) Tj ET Q q 0 0 0 rg BT 331.00 267.30 Td (service ) Tj ET Q q 0 0 0 rg BT 361.69 267.30 Td (and ) Tj ET Q q 0 0 0 rg BT 378.90 267.30 Td (quality ) Tj ET Q q 0 0 0 rg BT 407.10 267.30 Td (that ) Tj ET Q q 0 0 0 rg BT 424.30 267.30 Td (will ) Tj ET Q q 0 0 0 rg BT 438.99 267.30 Td (enable ) Tj ET Q q 0 0 0 rg BT 468.21 267.30 Td (us ) Tj ET Q q 0 0 0 rg BT 479.90 267.30 Td (to ) Tj ET Q q 0 0 0 rg BT 489.59 267.30 Td (maintain ) Tj ET Q q 0 0 0 rg BT 525.80 267.30 Td (and ) Tj ET Q q 0 0 0 rg BT 543.01 267.30 Td (grow ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 253.80 Td (our ) Tj ET Q q 0 0 0 rg BT 87.51 253.80 Td (market ) Tj ET Q q 0 0 0 rg BT 117.51 253.80 Td (share.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 231.30 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 231.30 Td (e ) Tj ET Q q 0 0 0 rg BT 88.64 231.30 Td (derive ) Tj ET Q q 0 0 0 rg BT 116.45 231.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 159.77 231.30 Td (revenue ) Tj ET Q q 0 0 0 rg BT 195.60 231.30 Td (from ) Tj ET Q q 0 0 0 rg BT 216.90 231.30 Td (contracts ) Tj ET Q q 0 0 0 rg BT 256.72 231.30 Td (awarded ) Tj ET Q q 0 0 0 rg BT 294.54 231.30 Td (through ) Tj ET Q q 0 0 0 rg BT 328.37 231.30 Td (competitive ) Tj ET Q q 0 0 0 rg BT 377.19 231.30 Td (bidding ) Tj ET Q q 0 0 0 rg BT 409.51 231.30 Td (processes, ) Tj ET Q q 0 0 0 rg BT 456.33 231.30 Td (which ) Tj ET Q q 0 0 0 rg BT 482.65 231.30 Td (limit ) Tj ET Q q 0 0 0 rg BT 501.94 231.30 Td (the ) Tj ET Q q 0 0 0 rg BT 517.76 231.30 Td (Company's ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 217.80 Td (ability ) Tj ET Q q 0 0 0 rg BT 98.63 217.80 Td (to ) Tj ET Q q 0 0 0 rg BT 109.75 217.80 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 150.40 217.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 181.03 217.80 Td (contractual ) Tj ET Q q 0 0 0 rg BT 228.67 217.80 Td (terms ) Tj ET Q q 0 0 0 rg BT 254.79 217.80 Td (and ) Tj ET Q q 0 0 0 rg BT 273.43 217.80 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 320.07 217.80 Td (Risks ) Tj ET Q q 0 0 0 rg BT 345.69 217.80 Td (related ) Tj ET Q q 0 0 0 rg BT 376.82 217.80 Td (to ) Tj ET Q q 0 0 0 rg BT 387.95 217.80 Td (competitive ) Tj ET Q q 0 0 0 rg BT 437.08 217.80 Td (bidding ) Tj ET Q q 0 0 0 rg BT 469.73 217.80 Td (processes ) Tj ET Q q 0 0 0 rg BT 514.36 217.80 Td (also ) Tj ET Q q 0 0 0 rg BT 534.49 217.80 Td (involve ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 204.30 Td (substantial ) Tj ET Q q 0 0 0 rg BT 117.58 204.30 Td (cost ) Tj ET Q q 0 0 0 rg BT 136.63 204.30 Td (and ) Tj ET Q q 0 0 0 rg BT 154.19 204.30 Td (managerial ) Tj ET Q q 0 0 0 rg BT 201.27 204.30 Td (time ) Tj ET Q q 0 0 0 rg BT 220.82 204.30 Td (and ) Tj ET Q q 0 0 0 rg BT 238.38 204.30 Td (ef) Tj ET Q q 0 0 0 rg BT 245.73 204.30 Td (fort ) Tj ET Q q 0 0 0 rg BT 261.28 204.30 Td (spent ) Tj ET Q q 0 0 0 rg BT 285.84 204.30 Td (by ) Tj ET Q q 0 0 0 rg BT 297.90 204.30 Td (the ) Tj ET Q q 0 0 0 rg BT 312.96 204.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 354.02 204.30 Td (to ) Tj ET Q q 0 0 0 rg BT 364.08 204.30 Td (prepare ) Tj ET Q q 0 0 0 rg BT 397.65 204.30 Td (bids ) Tj ET Q q 0 0 0 rg BT 416.70 204.30 Td (and ) Tj ET Q q 0 0 0 rg BT 434.27 204.30 Td (proposals ) Tj ET Q q 0 0 0 rg BT 475.84 204.30 Td (for ) Tj ET Q q 0 0 0 rg BT 488.89 204.30 Td (contracts ) Tj ET Q q 0 0 0 rg BT 527.95 204.30 Td (that ) Tj ET Q q 0 0 0 rg BT 545.51 204.30 Td (may ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 190.80 Td (or ) Tj ET Q q 0 0 0 rg BT 82.23 190.80 Td (may ) Tj ET Q q 0 0 0 rg BT 101.45 190.80 Td (not ) Tj ET Q q 0 0 0 rg BT 116.19 190.80 Td (be ) Tj ET Q q 0 0 0 rg BT 128.43 190.80 Td (awarded ) Tj ET Q q 0 0 0 rg BT 165.17 190.80 Td (to ) Tj ET Q q 0 0 0 rg BT 174.90 190.80 Td (the ) Tj ET Q q 0 0 0 rg BT 189.64 190.80 Td (Company) Tj ET Q q 0 0 0 rg BT 227.49 190.80 Td (, ) Tj ET Q q 0 0 0 rg BT 232.21 190.80 Td (as ) Tj ET Q q 0 0 0 rg BT 243.94 190.80 Td (well ) Tj ET Q q 0 0 0 rg BT 261.67 190.80 Td (as ) Tj ET Q q 0 0 0 rg BT 273.40 190.80 Td (expenses ) Tj ET Q q 0 0 0 rg BT 314.15 190.80 Td (and ) Tj ET Q q 0 0 0 rg BT 331.40 190.80 Td (delays ) Tj ET Q q 0 0 0 rg BT 359.64 190.80 Td (that ) Tj ET Q q 0 0 0 rg BT 376.87 190.80 Td (may ) Tj ET Q q 0 0 0 rg BT 396.10 190.80 Td (arise ) Tj ET Q q 0 0 0 rg BT 417.83 190.80 Td (if ) Tj ET Q q 0 0 0 rg BT 424.56 190.80 Td (the ) Tj ET Q q 0 0 0 rg BT 439.29 190.80 Td (Company's ) Tj ET Q q 0 0 0 rg BT 486.25 190.80 Td (competitors ) Tj ET Q q 0 0 0 rg BT 534.99 190.80 Td (protest ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 177.30 Td (or ) Tj ET Q q 0 0 0 rg BT 82.50 177.30 Td (challenge ) Tj ET Q q 0 0 0 rg BT 123.53 177.30 Td (awards ) Tj ET Q q 0 0 0 rg BT 155.05 177.30 Td (made ) Tj ET Q q 0 0 0 rg BT 180.06 177.30 Td (to ) Tj ET Q q 0 0 0 rg BT 190.07 177.30 Td (the ) Tj ET Q q 0 0 0 rg BT 205.08 177.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 246.10 177.30 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 283.62 177.30 Td (to ) Tj ET Q q 0 0 0 rg BT 293.63 177.30 Td (competitive ) Tj ET Q q 0 0 0 rg BT 341.65 177.30 Td (bidding ) Tj ET Q q 0 0 0 rg BT 373.17 177.30 Td (processes. ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 153.51679687499995 m 298.63037109375 153.51679687499995 l s q 0 0 0 rg BT 72.00 154.80 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 154.80 Td (availability ) Tj ET Q q 0 0 0 rg BT 134.03 154.80 Td (and ) Tj ET Q q 0 0 0 rg BT 151.55 154.80 Td (retention ) Tj ET Q q 0 0 0 rg BT 189.07 154.80 Td (of ) Tj ET Q q 0 0 0 rg BT 199.08 154.80 Td (qualified ) Tj ET Q q 0 0 0 rg BT 235.10 154.80 Td (IT ) Tj ET Q q 0 0 0 rg BT 245.60 154.80 Td (professionals) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 135.30 Td (There ) Tj ET Q q 0 0 0 rg BT 98.00 135.30 Td (is ) Tj ET Q q 0 0 0 rg BT 106.98 135.30 Td (strong ) Tj ET Q q 0 0 0 rg BT 134.48 135.30 Td (demand ) Tj ET Q q 0 0 0 rg BT 169.50 135.30 Td (for ) Tj ET Q q 0 0 0 rg BT 182.48 135.30 Td (qualified ) Tj ET Q q 0 0 0 rg BT 218.50 135.30 Td (individuals ) Tj ET Q q 0 0 0 rg BT 263.01 135.30 Td (in ) Tj ET Q q 0 0 0 rg BT 272.50 135.30 Td (the ) Tj ET Q q 0 0 0 rg BT 287.50 135.30 Td (IT) Tj ET Q q 0 0 0 rg BT 295.33 135.30 Td ( ) Tj ET Q q 0 0 0 rg BT 297.82 135.30 Td (industry) Tj ET Q q 0 0 0 rg BT 328.67 135.30 Td (. ) Tj ET Q q 0 0 0 rg BT 333.65 135.30 Td (Hiring ) Tj ET Q q 0 0 0 rg BT 359.65 135.30 Td (and ) Tj ET Q q 0 0 0 rg BT 377.15 135.30 Td (retaining ) Tj ET Q q 0 0 0 rg BT 414.16 135.30 Td (a ) Tj ET Q q 0 0 0 rg BT 421.65 135.30 Td (suf) Tj ET Q q 0 0 0 rg BT 433.50 135.30 Td (ficient ) Tj ET Q q 0 0 0 rg BT 459.49 135.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 492.00 135.30 Td (of ) Tj ET Q q 0 0 0 rg BT 501.99 135.30 Td (individuals ) Tj ET Q q 0 0 0 rg BT 546.50 135.30 Td (with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 121.80 Td (the ) Tj ET Q q 0 0 0 rg BT 86.97 121.80 Td (desired ) Tj ET Q q 0 0 0 rg BT 118.94 121.80 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 164.43 121.80 Td (and ) Tj ET Q q 0 0 0 rg BT 181.90 121.80 Td (skill ) Tj ET Q q 0 0 0 rg BT 199.35 121.80 Td (set ) Tj ET Q q 0 0 0 rg BT 213.81 121.80 Td (may ) Tj ET Q q 0 0 0 rg BT 233.27 121.80 Td (be ) Tj ET Q q 0 0 0 rg BT 245.73 121.80 Td (dif) Tj ET Q q 0 0 0 rg BT 255.08 121.80 Td (ficult. ) Tj ET Q q 0 0 0 rg BT 278.38 121.80 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 322.35 121.80 Td (it ) Tj ET Q q 0 0 0 rg BT 329.31 121.80 Td (is ) Tj ET Q q 0 0 0 rg BT 338.26 121.80 Td (important ) Tj ET Q q 0 0 0 rg BT 378.23 121.80 Td (that ) Tj ET Q q 0 0 0 rg BT 395.70 121.80 Td (we ) Tj ET Q q 0 0 0 rg BT 409.66 121.80 Td (remain ) Tj ET Q q 0 0 0 rg BT 439.63 121.80 Td (able ) Tj ET Q q 0 0 0 rg BT 459.10 121.80 Td (to ) Tj ET Q q 0 0 0 rg BT 469.06 121.80 Td (successfully ) Tj ET Q q 0 0 0 rg BT 520.03 121.80 Td (attract ) Tj ET Q q 0 0 0 rg BT 547.49 121.80 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 108.30 Td (retain ) Tj ET Q q 0 0 0 rg BT 97.91 108.30 Td (highly ) Tj ET Q q 0 0 0 rg BT 124.82 108.30 Td (qualified ) Tj ET Q q 0 0 0 rg BT 161.74 108.30 Td (professionals ) Tj ET Q q 0 0 0 rg BT 218.16 108.30 Td (and ) Tj ET Q q 0 0 0 rg BT 236.57 108.30 Td (establish ) Tj ET Q q 0 0 0 rg BT 275.48 108.30 Td (an ) Tj ET Q q 0 0 0 rg BT 288.89 108.30 Td (ef) Tj ET Q q 0 0 0 rg BT 296.23 108.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 325.64 108.30 Td (succession ) Tj ET Q q 0 0 0 rg BT 373.55 108.30 Td (plan. ) Tj ET Q q 0 0 0 rg BT 396.46 108.30 Td (If ) Tj ET Q q 0 0 0 rg BT 404.86 108.30 Td (our ) Tj ET Q q 0 0 0 rg BT 421.26 108.30 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 485.69 108.30 Td (programs ) Tj ET Q q 0 0 0 rg BT 527.09 108.30 Td (aimed ) Tj ET Q q 0 0 0 rg BT 555.00 108.30 Td (at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 94.80 Td (attracting ) Tj ET Q q 0 0 0 rg BT 111.35 94.80 Td (and ) Tj ET Q q 0 0 0 rg BT 128.71 94.80 Td (retaining ) Tj ET Q q 0 0 0 rg BT 165.57 94.80 Td (qualified ) Tj ET Q q 0 0 0 rg BT 201.43 94.80 Td (and ) Tj ET Q q 0 0 0 rg BT 218.78 94.80 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 260.15 94.80 Td (professionals ) Tj ET Q q 0 0 0 rg BT 315.51 94.80 Td (do ) Tj ET Q q 0 0 0 rg BT 327.86 94.80 Td (not ) Tj ET Q q 0 0 0 rg BT 342.70 94.80 Td (ensure ) Tj ET Q q 0 0 0 rg BT 372.56 94.80 Td (that ) Tj ET Q q 0 0 0 rg BT 389.90 94.80 Td (we ) Tj ET Q q 0 0 0 rg BT 403.74 94.80 Td (have ) Tj ET Q q 0 0 0 rg BT 425.60 94.80 Td (staf) Tj ET Q q 0 0 0 rg BT 439.94 94.80 Td (f ) Tj ET Q q 0 0 0 rg BT 444.78 94.80 Td (in ) Tj ET Q q 0 0 0 rg BT 454.12 94.80 Td (suf) Tj ET Q q 0 0 0 rg BT 465.96 94.80 Td (ficient ) Tj ET Q q 0 0 0 rg BT 491.81 94.80 Td (numbers ) Tj ET Q q 0 0 0 rg BT 529.16 94.80 Td (and ) Tj ET Q q 0 0 0 rg BT 546.51 94.80 Td (with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 81.30 Td (the ) Tj ET Q q 0 0 0 rg BT 86.64 81.30 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 134.31 81.30 Td (training, ) Tj ET Q q 0 0 0 rg BT 168.46 81.30 Td (expertise ) Tj ET Q q 0 0 0 rg BT 207.11 81.30 Td (and ) Tj ET Q q 0 0 0 rg BT 224.26 81.30 Td (suitable ) Tj ET Q q 0 0 0 rg BT 257.41 81.30 Td (government ) Tj ET Q q 0 0 0 rg BT 307.07 81.30 Td (security ) Tj ET Q q 0 0 0 rg BT 340.21 81.30 Td (clearances ) Tj ET Q q 0 0 0 rg BT 385.86 81.30 Td (required ) Tj ET Q q 0 0 0 rg BT 421.01 81.30 Td (to ) Tj ET Q q 0 0 0 rg BT 430.65 81.30 Td (serve ) Tj ET Q q 0 0 0 rg BT 454.79 81.30 Td (the ) Tj ET Q q 0 0 0 rg BT 469.43 81.30 Td (needs ) Tj ET Q q 0 0 0 rg BT 496.09 81.30 Td (of ) Tj ET Q q 0 0 0 rg BT 505.73 81.30 Td (our ) Tj ET Q q 0 0 0 rg BT 520.87 81.30 Td (clients, ) Tj ET Q q 0 0 0 rg BT 551.01 81.30 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 67.80 Td (may ) Tj ET Q q 0 0 0 rg BT 91.45 67.80 Td (have ) Tj ET Q q 0 0 0 rg BT 113.42 67.80 Td (to ) Tj ET Q q 0 0 0 rg BT 123.38 67.80 Td (rely ) Tj ET Q q 0 0 0 rg BT 140.33 67.80 Td (on ) Tj ET Q q 0 0 0 rg BT 152.80 67.80 Td (subcontractors ) Tj ET Q q 0 0 0 rg BT 214.27 67.80 Td (or ) Tj ET Q q 0 0 0 rg BT 224.73 67.80 Td (transfers ) Tj ET Q q 0 0 0 rg BT 262.19 67.80 Td (of ) Tj ET Q q 0 0 0 rg BT 272.15 67.80 Td (staf) Tj ET Q q 0 0 0 rg BT 286.49 67.80 Td (f ) Tj ET Q q 0 0 0 rg BT 291.44 67.80 Td (to ) Tj ET Q q 0 0 0 rg BT 301.40 67.80 Td (fill ) Tj ET Q q 0 0 0 rg BT 312.35 67.80 Td (resulting ) Tj ET Q q 0 0 0 rg BT 348.82 67.80 Td (gaps. ) Tj ET Q q 0 0 0 rg BT 373.29 67.80 Td (If ) Tj ET Q q 0 0 0 rg BT 380.74 67.80 Td (our ) Tj ET Q q 0 0 0 rg BT 396.20 67.80 Td (succession ) Tj ET Q q 0 0 0 rg BT 443.18 67.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 462.64 67.80 Td (fails ) Tj ET Q q 0 0 0 rg BT 481.10 67.80 Td (to ) Tj ET Q q 0 0 0 rg BT 491.06 67.80 Td (identify ) Tj ET Q q 0 0 0 rg BT 522.02 67.80 Td (those ) Tj ET Q q 0 0 0 rg BT 546.49 67.80 Td (with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 54.30 Td (potential ) Tj ET Q q 0 0 0 rg BT 108.13 54.30 Td (or ) Tj ET Q q 0 0 0 rg BT 118.24 54.30 Td (to ) Tj ET Q q 0 0 0 rg BT 127.85 54.30 Td (develop ) Tj ET Q q 0 0 0 rg BT 161.49 54.30 Td (these ) Tj ET Q q 0 0 0 rg BT 185.61 54.30 Td (key ) Tj ET Q q 0 0 0 rg BT 201.72 54.30 Td (individuals, ) Tj ET Q q 0 0 0 rg BT 248.35 54.30 Td (we ) Tj ET Q q 0 0 0 rg BT 261.96 54.30 Td (may ) Tj ET Q q 0 0 0 rg BT 281.07 54.30 Td (be ) Tj ET Q q 0 0 0 rg BT 293.19 54.30 Td (unable ) Tj ET Q q 0 0 0 rg BT 322.32 54.30 Td (to ) Tj ET Q q 0 0 0 rg BT 331.93 54.30 Td (replace ) Tj ET Q q 0 0 0 rg BT 363.55 54.30 Td (key ) Tj ET Q q 0 0 0 rg BT 379.67 54.30 Td (members ) Tj ET Q q 0 0 0 rg BT 419.28 54.30 Td (who ) Tj ET Q q 0 0 0 rg BT 437.90 54.30 Td (retire ) Tj ET Q q 0 0 0 rg BT 460.51 54.30 Td (or ) Tj ET Q q 0 0 0 rg BT 470.61 54.30 Td (leave ) Tj ET Q q 0 0 0 rg BT 494.24 54.30 Td (the ) Tj ET Q q 0 0 0 rg BT 508.85 54.30 Td (company ) Tj ET Q q 0 0 0 rg BT 547.48 54.30 Td (and ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (39) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (may ) Tj ET Q q 0 0 0 rg BT 91.66 708.95 Td (be ) Tj ET Q q 0 0 0 rg BT 104.32 708.95 Td (required ) Tj ET Q q 0 0 0 rg BT 140.00 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 150.16 708.95 Td (recruit ) Tj ET Q q 0 0 0 rg BT 177.82 708.95 Td (and/or ) Tj ET Q q 0 0 0 rg BT 206.00 708.95 Td (train ) Tj ET Q q 0 0 0 rg BT 226.16 708.95 Td (new ) Tj ET Q q 0 0 0 rg BT 245.33 708.95 Td (employees. ) Tj ET Q q 0 0 0 rg BT 293.83 708.95 Td (This ) Tj ET Q q 0 0 0 rg BT 313.49 708.95 Td (might ) Tj ET Q q 0 0 0 rg BT 338.16 708.95 Td (result ) Tj ET Q q 0 0 0 rg BT 362.82 708.95 Td (in ) Tj ET Q q 0 0 0 rg BT 372.48 708.95 Td (lost ) Tj ET Q q 0 0 0 rg BT 389.14 708.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 424.32 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 434.98 708.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 476.66 708.95 Td (costs, ) Tj ET Q q 0 0 0 rg BT 502.82 708.95 Td (thereby ) Tj ET Q q 0 0 0 rg BT 535.50 708.95 Td (putting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (pressure ) Tj ET Q q 0 0 0 rg BT 109.52 695.45 Td (on ) Tj ET Q q 0 0 0 rg BT 122.03 695.45 Td (our ) Tj ET Q q 0 0 0 rg BT 137.54 695.45 Td (net ) Tj ET Q q 0 0 0 rg BT 152.55 695.45 Td (earnings.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 671.666796875 m 564.99755859375 671.666796875 l s q 0 0 0 rg BT 72.00 672.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.12 672.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 115.74 672.95 Td (to ) Tj ET Q q 0 0 0 rg BT 125.86 672.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 162.50 672.95 Td (developing ) Tj ET Q q 0 0 0 rg BT 208.65 672.95 Td (and ) Tj ET Q q 0 0 0 rg BT 226.28 672.95 Td (expanding ) Tj ET Q q 0 0 0 rg BT 270.43 672.95 Td (service ) Tj ET Q q 0 0 0 rg BT 301.55 672.95 Td (offerings ) Tj ET Q q 0 0 0 rg BT 338.68 672.95 Td (to ) Tj ET Q q 0 0 0 rg BT 348.80 672.95 Td (address ) Tj ET Q q 0 0 0 rg BT 383.43 672.95 Td (emerging ) Tj ET Q q 0 0 0 rg BT 423.57 672.95 Td (business ) Tj ET Q q 0 0 0 rg BT 461.70 672.95 Td (demands ) Tj ET Q q 0 0 0 rg BT 501.34 672.95 Td (and ) Tj ET Q q 0 0 0 rg BT 518.96 672.95 Td (technology ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 658.166796875 m 97.013671875 658.166796875 l s q 0 0 0 rg BT 72.00 659.45 Td (trends) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 639.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.71 639.95 Td (rapid ) Tj ET Q q 0 0 0 rg BT 111.93 639.95 Td (pace ) Tj ET Q q 0 0 0 rg BT 133.65 639.95 Td (of ) Tj ET Q q 0 0 0 rg BT 143.35 639.95 Td (change ) Tj ET Q q 0 0 0 rg BT 175.08 639.95 Td (in ) Tj ET Q q 0 0 0 rg BT 184.29 639.95 Td (all ) Tj ET Q q 0 0 0 rg BT 195.50 639.95 Td (aspects ) Tj ET Q q 0 0 0 rg BT 228.72 639.95 Td (of ) Tj ET Q q 0 0 0 rg BT 238.43 639.95 Td (IT) Tj ET Q q 0 0 0 rg BT 246.26 639.95 Td ( ) Tj ET Q q 0 0 0 rg BT 248.46 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 265.68 639.95 Td (the ) Tj ET Q q 0 0 0 rg BT 280.40 639.95 Td (continually ) Tj ET Q q 0 0 0 rg BT 325.12 639.95 Td (declining ) Tj ET Q q 0 0 0 rg BT 362.85 639.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 386.06 639.95 Td (of ) Tj ET Q q 0 0 0 rg BT 395.77 639.95 Td (acquiring ) Tj ET Q q 0 0 0 rg BT 434.50 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 451.71 639.95 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 499.94 639.95 Td (IT) Tj ET Q q 0 0 0 rg BT 507.78 639.95 Td ( ) Tj ET Q q 0 0 0 rg BT 509.98 639.95 Td (infrastructure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (mean ) Tj ET Q q 0 0 0 rg BT 97.07 626.45 Td (that ) Tj ET Q q 0 0 0 rg BT 114.64 626.45 Td (we ) Tj ET Q q 0 0 0 rg BT 128.70 626.45 Td (must ) Tj ET Q q 0 0 0 rg BT 150.76 626.45 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 191.84 626.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 228.43 626.45 Td (in ) Tj ET Q q 0 0 0 rg BT 237.99 626.45 Td (our ) Tj ET Q q 0 0 0 rg BT 253.55 626.45 Td (clients) Tj ET Q q 0 0 0 rg BT 280.73 626.45 Td ( ) Tj ET Q q 0 0 0 rg BT 283.28 626.45 Td (needs. ) Tj ET Q q 0 0 0 rg BT 312.70 626.45 Td (T) Tj ET Q q 0 0 0 rg BT 317.20 626.45 Td (o ) Tj ET Q q 0 0 0 rg BT 324.76 626.45 Td (do ) Tj ET Q q 0 0 0 rg BT 337.33 626.45 Td (so, ) Tj ET Q q 0 0 0 rg BT 351.89 626.45 Td (we ) Tj ET Q q 0 0 0 rg BT 365.95 626.45 Td (must ) Tj ET Q q 0 0 0 rg BT 388.01 626.45 Td (adapt ) Tj ET Q q 0 0 0 rg BT 413.09 626.45 Td (our ) Tj ET Q q 0 0 0 rg BT 428.65 626.45 Td (services ) Tj ET Q q 0 0 0 rg BT 464.22 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 481.79 626.45 Td (our ) Tj ET Q q 0 0 0 rg BT 497.35 626.45 Td (solutions ) Tj ET Q q 0 0 0 rg BT 535.43 626.45 Td (so ) Tj ET Q q 0 0 0 rg BT 547.49 626.45 Td (that ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 612.95 Td (we ) Tj ET Q q 0 0 0 rg BT 86.42 612.95 Td (maintain ) Tj ET Q q 0 0 0 rg BT 123.36 612.95 Td (and ) Tj ET Q q 0 0 0 rg BT 141.29 612.95 Td (improve ) Tj ET Q q 0 0 0 rg BT 176.22 612.95 Td (our ) Tj ET Q q 0 0 0 rg BT 192.15 612.95 Td (competitive ) Tj ET Q q 0 0 0 rg BT 240.58 612.95 Td (advantage ) Tj ET Q q 0 0 0 rg BT 285.54 612.95 Td (and ) Tj ET Q q 0 0 0 rg BT 303.47 612.95 Td (remain ) Tj ET Q q 0 0 0 rg BT 333.90 612.95 Td (able ) Tj ET Q q 0 0 0 rg BT 353.83 612.95 Td (to ) Tj ET Q q 0 0 0 rg BT 364.26 612.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 396.69 612.95 Td (cost ) Tj ET Q q 0 0 0 rg BT 416.12 612.95 Td (ef) Tj ET Q q 0 0 0 rg BT 423.46 612.95 Td (fective ) Tj ET Q q 0 0 0 rg BT 452.39 612.95 Td (services ) Tj ET Q q 0 0 0 rg BT 488.32 612.95 Td (and ) Tj ET Q q 0 0 0 rg BT 506.25 612.95 Td (solutions. ) Tj ET Q q 0 0 0 rg BT 547.00 612.95 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 599.45 Td (markets ) Tj ET Q q 0 0 0 rg BT 106.86 599.45 Td (in ) Tj ET Q q 0 0 0 rg BT 116.72 599.45 Td (which ) Tj ET Q q 0 0 0 rg BT 142.59 599.45 Td (we ) Tj ET Q q 0 0 0 rg BT 156.95 599.45 Td (operate ) Tj ET Q q 0 0 0 rg BT 190.33 599.45 Td (are ) Tj ET Q q 0 0 0 rg BT 206.19 599.45 Td (extremely ) Tj ET Q q 0 0 0 rg BT 248.06 599.45 Td (competitive ) Tj ET Q q 0 0 0 rg BT 296.43 599.45 Td (and ) Tj ET Q q 0 0 0 rg BT 314.31 599.45 Td (there ) Tj ET Q q 0 0 0 rg BT 337.68 599.45 Td (can ) Tj ET Q q 0 0 0 rg BT 355.04 599.45 Td (be ) Tj ET Q q 0 0 0 rg BT 367.91 599.45 Td (no ) Tj ET Q q 0 0 0 rg BT 380.78 599.45 Td (assurance ) Tj ET Q q 0 0 0 rg BT 425.16 599.45 Td (that ) Tj ET Q q 0 0 0 rg BT 443.02 599.45 Td (we ) Tj ET Q q 0 0 0 rg BT 457.38 599.45 Td (will ) Tj ET Q q 0 0 0 rg BT 472.74 599.45 Td (succeed ) Tj ET Q q 0 0 0 rg BT 509.12 599.45 Td (in ) Tj ET Q q 0 0 0 rg BT 518.98 599.45 Td (developing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.92 585.95 Td (adapting ) Tj ET Q q 0 0 0 rg BT 127.36 585.95 Td (our ) Tj ET Q q 0 0 0 rg BT 143.27 585.95 Td (business ) Tj ET Q q 0 0 0 rg BT 181.70 585.95 Td (in ) Tj ET Q q 0 0 0 rg BT 191.61 585.95 Td (a ) Tj ET Q q 0 0 0 rg BT 199.52 585.95 Td (timely ) Tj ET Q q 0 0 0 rg BT 225.93 585.95 Td (manner ) Tj ET Q q 0 0 0 rg BT 259.35 585.95 Td (nor ) Tj ET Q q 0 0 0 rg BT 275.26 585.95 Td (that ) Tj ET Q q 0 0 0 rg BT 293.18 585.95 Td (we ) Tj ET Q q 0 0 0 rg BT 307.59 585.95 Td (will ) Tj ET Q q 0 0 0 rg BT 323.00 585.95 Td (be ) Tj ET Q q 0 0 0 rg BT 335.91 585.95 Td (able ) Tj ET Q q 0 0 0 rg BT 355.83 585.95 Td (to ) Tj ET Q q 0 0 0 rg BT 366.25 585.95 Td (penetrate ) Tj ET Q q 0 0 0 rg BT 407.18 585.95 Td (new ) Tj ET Q q 0 0 0 rg BT 426.60 585.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 461.51 585.95 Td (successfully) Tj ET Q q 0 0 0 rg BT 509.36 585.95 Td (. ) Tj ET Q q 0 0 0 rg BT 514.76 585.95 Td (If ) Tj ET Q q 0 0 0 rg BT 522.67 585.95 Td (we ) Tj ET Q q 0 0 0 rg BT 537.08 585.95 Td (do ) Tj ET Q q 0 0 0 rg BT 550.00 585.95 Td (not ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 572.45 Td (keep ) Tj ET Q q 0 0 0 rg BT 93.77 572.45 Td (pace, ) Tj ET Q q 0 0 0 rg BT 118.04 572.45 Td (our ) Tj ET Q q 0 0 0 rg BT 133.30 572.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 158.57 572.45 Td (to ) Tj ET Q q 0 0 0 rg BT 168.33 572.45 Td (retain ) Tj ET Q q 0 0 0 rg BT 193.09 572.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 225.86 572.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 253.63 572.45 Td (and ) Tj ET Q q 0 0 0 rg BT 270.90 572.45 Td (gain ) Tj ET Q q 0 0 0 rg BT 290.17 572.45 Td (new ) Tj ET Q q 0 0 0 rg BT 308.93 572.45 Td (business ) Tj ET Q q 0 0 0 rg BT 346.71 572.45 Td (may ) Tj ET Q q 0 0 0 rg BT 365.96 572.45 Td (be ) Tj ET Q q 0 0 0 rg BT 378.23 572.45 Td (adversely ) Tj ET Q q 0 0 0 rg BT 419.00 572.45 Td (af) Tj ET Q q 0 0 0 rg BT 426.34 572.45 Td (fected. ) Tj ET Q q 0 0 0 rg BT 455.47 572.45 Td (This ) Tj ET Q q 0 0 0 rg BT 474.72 572.45 Td (may ) Tj ET Q q 0 0 0 rg BT 493.98 572.45 Td (result ) Tj ET Q q 0 0 0 rg BT 518.24 572.45 Td (in ) Tj ET Q q 0 0 0 rg BT 527.50 572.45 Td (pressure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 558.95 Td (on ) Tj ET Q q 0 0 0 rg BT 84.51 558.95 Td (our ) Tj ET Q q 0 0 0 rg BT 100.02 558.95 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 137.54 558.95 Td (net ) Tj ET Q q 0 0 0 rg BT 152.56 558.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 189.58 558.95 Td (and ) Tj ET Q q 0 0 0 rg BT 207.10 558.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 243.62 558.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 265.13 558.95 Td (flow ) Tj ET Q q 0 0 0 rg BT 283.63 558.95 Td (from ) Tj ET Q q 0 0 0 rg BT 304.13 558.95 Td (operations.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 535.166796875 m 279.11865234375 535.166796875 l s q 0 0 0 rg BT 72.00 536.45 Td (Infringing ) Tj ET Q q 0 0 0 rg BT 111.52 536.45 Td (on ) Tj ET Q q 0 0 0 rg BT 124.04 536.45 Td (the ) Tj ET Q q 0 0 0 rg BT 139.05 536.45 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 184.07 536.45 Td (property ) Tj ET Q q 0 0 0 rg BT 219.59 536.45 Td (rights ) Tj ET Q q 0 0 0 rg BT 244.10 536.45 Td (of ) Tj ET Q q 0 0 0 rg BT 254.10 536.45 Td (others) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 516.95 Td (Despite ) Tj ET Q q 0 0 0 rg BT 105.59 516.95 Td (our ) Tj ET Q q 0 0 0 rg BT 121.68 516.95 Td (ef) Tj ET Q q 0 0 0 rg BT 129.02 516.95 Td (forts, ) Tj ET Q q 0 0 0 rg BT 152.10 516.95 Td (the ) Tj ET Q q 0 0 0 rg BT 167.69 516.95 Td (steps ) Tj ET Q q 0 0 0 rg BT 192.28 516.95 Td (we ) Tj ET Q q 0 0 0 rg BT 206.87 516.95 Td (take ) Tj ET Q q 0 0 0 rg BT 226.96 516.95 Td (to ) Tj ET Q q 0 0 0 rg BT 237.54 516.95 Td (ensure ) Tj ET Q q 0 0 0 rg BT 268.14 516.95 Td (that ) Tj ET Q q 0 0 0 rg BT 286.23 516.95 Td (our ) Tj ET Q q 0 0 0 rg BT 302.31 516.95 Td (services ) Tj ET Q q 0 0 0 rg BT 338.40 516.95 Td (and ) Tj ET Q q 0 0 0 rg BT 356.49 516.95 Td (of) Tj ET Q q 0 0 0 rg BT 363.84 516.95 Td (ferings ) Tj ET Q q 0 0 0 rg BT 393.93 516.95 Td (do ) Tj ET Q q 0 0 0 rg BT 407.02 516.95 Td (not ) Tj ET Q q 0 0 0 rg BT 422.60 516.95 Td (infringe ) Tj ET Q q 0 0 0 rg BT 455.20 516.95 Td (on ) Tj ET Q q 0 0 0 rg BT 468.29 516.95 Td (the ) Tj ET Q q 0 0 0 rg BT 483.88 516.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 529.48 516.95 Td (property ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 503.45 Td (rights ) Tj ET Q q 0 0 0 rg BT 96.25 503.45 Td (of ) Tj ET Q q 0 0 0 rg BT 105.99 503.45 Td (third ) Tj ET Q q 0 0 0 rg BT 125.74 503.45 Td (parties ) Tj ET Q q 0 0 0 rg BT 154.99 503.45 Td (may ) Tj ET Q q 0 0 0 rg BT 174.23 503.45 Td (not ) Tj ET Q q 0 0 0 rg BT 188.98 503.45 Td (be ) Tj ET Q q 0 0 0 rg BT 201.23 503.45 Td (adequate ) Tj ET Q q 0 0 0 rg BT 241.01 503.45 Td (to ) Tj ET Q q 0 0 0 rg BT 250.76 503.45 Td (prevent ) Tj ET Q q 0 0 0 rg BT 283.01 503.45 Td (infringement ) Tj ET Q q 0 0 0 rg BT 334.78 503.45 Td (and, ) Tj ET Q q 0 0 0 rg BT 354.54 503.45 Td (as ) Tj ET Q q 0 0 0 rg BT 366.28 503.45 Td (a ) Tj ET Q q 0 0 0 rg BT 373.53 503.45 Td (result, ) Tj ET Q q 0 0 0 rg BT 400.27 503.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 428.01 503.45 Td (may ) Tj ET Q q 0 0 0 rg BT 447.26 503.45 Td (be ) Tj ET Q q 0 0 0 rg BT 459.51 503.45 Td (asserted ) Tj ET Q q 0 0 0 rg BT 496.26 503.45 Td (against ) Tj ET Q q 0 0 0 rg BT 527.52 503.45 Td (us ) Tj ET Q q 0 0 0 rg BT 539.27 503.45 Td (or ) Tj ET Q q 0 0 0 rg BT 549.51 503.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 489.95 Td (clients. ) Tj ET Q q 0 0 0 rg BT 101.71 489.95 Td (W) Tj ET Q q 0 0 0 rg BT 110.04 489.95 Td (e ) Tj ET Q q 0 0 0 rg BT 116.75 489.95 Td (enter ) Tj ET Q q 0 0 0 rg BT 138.96 489.95 Td (into ) Tj ET Q q 0 0 0 rg BT 155.17 489.95 Td (licensing ) Tj ET Q q 0 0 0 rg BT 191.89 489.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 241.12 489.95 Td (for ) Tj ET Q q 0 0 0 rg BT 253.32 489.95 Td (the ) Tj ET Q q 0 0 0 rg BT 267.53 489.95 Td (right ) Tj ET Q q 0 0 0 rg BT 286.74 489.95 Td (to ) Tj ET Q q 0 0 0 rg BT 295.94 489.95 Td (use ) Tj ET Q q 0 0 0 rg BT 312.15 489.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 356.38 489.95 Td (property ) Tj ET Q q 0 0 0 rg BT 391.10 489.95 Td (and ) Tj ET Q q 0 0 0 rg BT 407.81 489.95 Td (may ) Tj ET Q q 0 0 0 rg BT 426.51 489.95 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 466.73 489.95 Td (of) Tj ET Q q 0 0 0 rg BT 474.08 489.95 Td (fer ) Tj ET Q q 0 0 0 rg BT 486.28 489.95 Td (indemnities ) Tj ET Q q 0 0 0 rg BT 533.50 489.95 Td (against ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 476.45 Td (liability ) Tj ET Q q 0 0 0 rg BT 101.35 476.45 Td (and ) Tj ET Q q 0 0 0 rg BT 118.71 476.45 Td (damages ) Tj ET Q q 0 0 0 rg BT 158.07 476.45 Td (arising ) Tj ET Q q 0 0 0 rg BT 186.92 476.45 Td (from ) Tj ET Q q 0 0 0 rg BT 207.26 476.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 250.12 476.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 277.96 476.45 Td (of ) Tj ET Q q 0 0 0 rg BT 287.80 476.45 Td (patent, ) Tj ET Q q 0 0 0 rg BT 317.67 476.45 Td (copyright, ) Tj ET Q q 0 0 0 rg BT 359.03 476.45 Td (trademark ) Tj ET Q q 0 0 0 rg BT 401.88 476.45 Td (or ) Tj ET Q q 0 0 0 rg BT 412.22 476.45 Td (trade ) Tj ET Q q 0 0 0 rg BT 435.08 476.45 Td (secret ) Tj ET Q q 0 0 0 rg BT 461.93 476.45 Td (infringement ) Tj ET Q q 0 0 0 rg BT 513.79 476.45 Td (in ) Tj ET Q q 0 0 0 rg BT 523.14 476.45 Td (respect ) Tj ET Q q 0 0 0 rg BT 554.99 476.45 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 462.95 Td (our ) Tj ET Q q 0 0 0 rg BT 87.34 462.95 Td (own ) Tj ET Q q 0 0 0 rg BT 106.17 462.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 151.03 462.95 Td (property ) Tj ET Q q 0 0 0 rg BT 186.37 462.95 Td (or ) Tj ET Q q 0 0 0 rg BT 196.70 462.95 Td (software ) Tj ET Q q 0 0 0 rg BT 233.04 462.95 Td (or ) Tj ET Q q 0 0 0 rg BT 243.38 462.95 Td (other ) Tj ET Q q 0 0 0 rg BT 266.22 462.95 Td (solutions ) Tj ET Q q 0 0 0 rg BT 304.07 462.95 Td (developed ) Tj ET Q q 0 0 0 rg BT 347.93 462.95 Td (for ) Tj ET Q q 0 0 0 rg BT 360.76 462.95 Td (our ) Tj ET Q q 0 0 0 rg BT 376.10 462.95 Td (clients. ) Tj ET Q q 0 0 0 rg BT 406.44 462.95 Td (In ) Tj ET Q q 0 0 0 rg BT 416.27 462.95 Td (some ) Tj ET Q q 0 0 0 rg BT 440.61 462.95 Td (instances, ) Tj ET Q q 0 0 0 rg BT 483.46 462.95 Td (the ) Tj ET Q q 0 0 0 rg BT 498.30 462.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 530.64 462.95 Td (of ) Tj ET Q q 0 0 0 rg BT 540.48 462.95 Td (these ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 449.45 Td (indemnity ) Tj ET Q q 0 0 0 rg BT 113.68 449.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 142.35 449.45 Td (could ) Tj ET Q q 0 0 0 rg BT 167.03 449.45 Td (be ) Tj ET Q q 0 0 0 rg BT 180.20 449.45 Td (greater ) Tj ET Q q 0 0 0 rg BT 211.88 449.45 Td (than ) Tj ET Q q 0 0 0 rg BT 232.56 449.45 Td (the ) Tj ET Q q 0 0 0 rg BT 248.23 449.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 283.92 449.45 Td (we ) Tj ET Q q 0 0 0 rg BT 298.59 449.45 Td (receive ) Tj ET Q q 0 0 0 rg BT 330.77 449.45 Td (from ) Tj ET Q q 0 0 0 rg BT 351.93 449.45 Td (the ) Tj ET Q q 0 0 0 rg BT 367.61 449.45 Td (client ) Tj ET Q q 0 0 0 rg BT 391.78 449.45 Td (\(see ) Tj ET Q q 0 0 0 rg BT 412.45 449.45 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 460.65 449.45 Td (risk\). ) Tj ET Q q 0 0 0 rg BT 483.31 449.45 Td (Intellectual ) Tj ET Q q 0 0 0 rg BT 529.50 449.45 Td (property ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 435.95 Td (claims ) Tj ET Q q 0 0 0 rg BT 100.83 435.95 Td (or ) Tj ET Q q 0 0 0 rg BT 112.16 435.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 148.51 435.95 Td (could ) Tj ET Q q 0 0 0 rg BT 173.36 435.95 Td (be ) Tj ET Q q 0 0 0 rg BT 186.70 435.95 Td (time-consuming ) Tj ET Q q 0 0 0 rg BT 253.55 435.95 Td (and ) Tj ET Q q 0 0 0 rg BT 271.90 435.95 Td (costly) Tj ET Q q 0 0 0 rg BT 294.23 435.95 Td (, ) Tj ET Q q 0 0 0 rg BT 300.06 435.95 Td (harm ) Tj ET Q q 0 0 0 rg BT 323.90 435.95 Td (our ) Tj ET Q q 0 0 0 rg BT 340.24 435.95 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 386.10 435.95 Td (require ) Tj ET Q q 0 0 0 rg BT 417.44 435.95 Td (us ) Tj ET Q q 0 0 0 rg BT 430.28 435.95 Td (to ) Tj ET Q q 0 0 0 rg BT 441.11 435.95 Td (enter ) Tj ET Q q 0 0 0 rg BT 464.95 435.95 Td (into ) Tj ET Q q 0 0 0 rg BT 482.79 435.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 524.66 435.95 Td (royalty ) Tj ET Q q 0 0 0 rg BT 554.49 435.95 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 422.45 Td (licensing ) Tj ET Q q 0 0 0 rg BT 109.88 422.45 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 170.77 422.45 Td (or ) Tj ET Q q 0 0 0 rg BT 181.63 422.45 Td (prevent ) Tj ET Q q 0 0 0 rg BT 214.51 422.45 Td (us ) Tj ET Q q 0 0 0 rg BT 226.88 422.45 Td (from ) Tj ET Q q 0 0 0 rg BT 247.74 422.45 Td (providing ) Tj ET Q q 0 0 0 rg BT 287.13 422.45 Td (some ) Tj ET Q q 0 0 0 rg BT 311.99 422.45 Td (solutions ) Tj ET Q q 0 0 0 rg BT 350.38 422.45 Td (or ) Tj ET Q q 0 0 0 rg BT 361.24 422.45 Td (services. ) Tj ET Q q 0 0 0 rg BT 399.04 422.45 Td (Any ) Tj ET Q q 0 0 0 rg BT 417.41 422.45 Td (limitation ) Tj ET Q q 0 0 0 rg BT 455.78 422.45 Td (on ) Tj ET Q q 0 0 0 rg BT 468.65 422.45 Td (our ) Tj ET Q q 0 0 0 rg BT 484.52 422.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 510.39 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 520.76 422.45 Td (sell ) Tj ET Q q 0 0 0 rg BT 537.12 422.45 Td (or ) Tj ET Q q 0 0 0 rg BT 547.99 422.45 Td (use ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 408.95 Td (solutions ) Tj ET Q q 0 0 0 rg BT 109.73 408.95 Td (or ) Tj ET Q q 0 0 0 rg BT 119.95 408.95 Td (services ) Tj ET Q q 0 0 0 rg BT 155.17 408.95 Td (that ) Tj ET Q q 0 0 0 rg BT 172.39 408.95 Td (incorporate ) Tj ET Q q 0 0 0 rg BT 219.63 408.95 Td (software ) Tj ET Q q 0 0 0 rg BT 255.86 408.95 Td (or ) Tj ET Q q 0 0 0 rg BT 266.07 408.95 Td (technologies ) Tj ET Q q 0 0 0 rg BT 318.82 408.95 Td (that ) Tj ET Q q 0 0 0 rg BT 336.05 408.95 Td (are ) Tj ET Q q 0 0 0 rg BT 351.27 408.95 Td (the ) Tj ET Q q 0 0 0 rg BT 365.99 408.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 396.72 408.95 Td (of ) Tj ET Q q 0 0 0 rg BT 406.44 408.95 Td (a ) Tj ET Q q 0 0 0 rg BT 413.65 408.95 Td (claim ) Tj ET Q q 0 0 0 rg BT 436.87 408.95 Td (could ) Tj ET Q q 0 0 0 rg BT 460.60 408.95 Td (cause ) Tj ET Q q 0 0 0 rg BT 486.82 408.95 Td (us ) Tj ET Q q 0 0 0 rg BT 498.54 408.95 Td (to ) Tj ET Q q 0 0 0 rg BT 508.26 408.95 Td (lose ) Tj ET Q q 0 0 0 rg BT 526.98 408.95 Td (revenue-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 395.45 Td (generating ) Tj ET Q q 0 0 0 rg BT 117.04 395.45 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 171.07 395.45 Td (or ) Tj ET Q q 0 0 0 rg BT 181.57 395.45 Td (require ) Tj ET Q q 0 0 0 rg BT 212.09 395.45 Td (us ) Tj ET Q q 0 0 0 rg BT 224.09 395.45 Td (to ) Tj ET Q q 0 0 0 rg BT 234.10 395.45 Td (incur ) Tj ET Q q 0 0 0 rg BT 256.11 395.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 297.14 395.45 Td (expenses ) Tj ET Q q 0 0 0 rg BT 338.17 395.45 Td (to ) Tj ET Q q 0 0 0 rg BT 348.17 395.45 Td (modify ) Tj ET Q q 0 0 0 rg BT 377.18 395.45 Td (solutions ) Tj ET Q q 0 0 0 rg BT 415.20 395.45 Td (for ) Tj ET Q q 0 0 0 rg BT 428.21 395.45 Td (future ) Tj ET Q q 0 0 0 rg BT 453.72 395.45 Td (projects.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 371.666796875 m 233.08154296875 371.666796875 l s q 0 0 0 rg BT 72.00 372.95 Td (Protecting ) Tj ET Q q 0 0 0 rg BT 115.02 372.95 Td (our ) Tj ET Q q 0 0 0 rg BT 130.53 372.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 175.56 372.95 Td (property ) Tj ET Q q 0 0 0 rg BT 211.07 372.95 Td (rights) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 353.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 88.99 353.45 Td (success ) Tj ET Q q 0 0 0 rg BT 123.48 353.45 Td (depends, ) Tj ET Q q 0 0 0 rg BT 162.50 353.45 Td (in ) Tj ET Q q 0 0 0 rg BT 171.49 353.45 Td (part, ) Tj ET Q q 0 0 0 rg BT 191.48 353.45 Td (on ) Tj ET Q q 0 0 0 rg BT 203.47 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 218.47 353.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 243.46 353.45 Td (to ) Tj ET Q q 0 0 0 rg BT 252.95 353.45 Td (protect ) Tj ET Q q 0 0 0 rg BT 282.45 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 297.44 353.45 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 342.44 353.45 Td (methodologies, ) Tj ET Q q 0 0 0 rg BT 405.46 353.45 Td (processes, ) Tj ET Q q 0 0 0 rg BT 450.97 353.45 Td (know-how) Tj ET Q q 0 0 0 rg BT 490.99 353.45 Td (, ) Tj ET Q q 0 0 0 rg BT 495.47 353.45 Td (tools, ) Tj ET Q q 0 0 0 rg BT 518.97 353.45 Td (techniques ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 339.95 Td (and ) Tj ET Q q 0 0 0 rg BT 90.60 339.95 Td (other ) Tj ET Q q 0 0 0 rg BT 114.70 339.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 160.81 339.95 Td (property ) Tj ET Q q 0 0 0 rg BT 197.42 339.95 Td (that ) Tj ET Q q 0 0 0 rg BT 216.01 339.95 Td (we ) Tj ET Q q 0 0 0 rg BT 231.10 339.95 Td (use ) Tj ET Q q 0 0 0 rg BT 249.20 339.95 Td (to ) Tj ET Q q 0 0 0 rg BT 260.29 339.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 293.40 339.95 Td (our ) Tj ET Q q 0 0 0 rg BT 309.99 339.95 Td (services. ) Tj ET Q q 0 0 0 rg BT 348.37 339.95 Td (Although ) Tj ET Q q 0 0 0 rg BT 387.49 339.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 407.07 339.95 Td (takes ) Tj ET Q q 0 0 0 rg BT 432.17 339.95 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 480.29 339.95 Td (steps ) Tj ET Q q 0 0 0 rg BT 505.39 339.95 Td (\(e.g. ) Tj ET Q q 0 0 0 rg BT 526.98 339.95 Td (available ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 326.45 Td (copyright ) Tj ET Q q 0 0 0 rg BT 111.20 326.45 Td (protection ) Tj ET Q q 0 0 0 rg BT 153.40 326.45 Td (and, ) Tj ET Q q 0 0 0 rg BT 173.60 326.45 Td (in ) Tj ET Q q 0 0 0 rg BT 183.29 326.45 Td (some ) Tj ET Q q 0 0 0 rg BT 207.97 326.45 Td (cases, ) Tj ET Q q 0 0 0 rg BT 236.66 326.45 Td (patent ) Tj ET Q q 0 0 0 rg BT 264.37 326.45 Td (protection\) ) Tj ET Q q 0 0 0 rg BT 309.57 326.45 Td (to ) Tj ET Q q 0 0 0 rg BT 319.75 326.45 Td (protect ) Tj ET Q q 0 0 0 rg BT 349.95 326.45 Td (and ) Tj ET Q q 0 0 0 rg BT 367.65 326.45 Td (enforce ) Tj ET Q q 0 0 0 rg BT 400.34 326.45 Td (its ) Tj ET Q q 0 0 0 rg BT 412.02 326.45 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 457.23 326.45 Td (property ) Tj ET Q q 0 0 0 rg BT 492.93 326.45 Td (rights, ) Tj ET Q q 0 0 0 rg BT 520.12 326.45 Td (there ) Tj ET Q q 0 0 0 rg BT 543.31 326.45 Td (is ) Tj ET Q q 0 0 0 rg BT 552.49 326.45 Td (no ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 312.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 116.39 312.95 Td (that ) Tj ET Q q 0 0 0 rg BT 134.26 312.95 Td (such ) Tj ET Q q 0 0 0 rg BT 156.14 312.95 Td (measures ) Tj ET Q q 0 0 0 rg BT 198.52 312.95 Td (will ) Tj ET Q q 0 0 0 rg BT 213.88 312.95 Td (be ) Tj ET Q q 0 0 0 rg BT 226.76 312.95 Td (enforceable ) Tj ET Q q 0 0 0 rg BT 276.66 312.95 Td (or ) Tj ET Q q 0 0 0 rg BT 287.52 312.95 Td (adequate. ) Tj ET Q q 0 0 0 rg BT 330.24 312.95 Td (The ) Tj ET Q q 0 0 0 rg BT 348.61 312.95 Td (cost ) Tj ET Q q 0 0 0 rg BT 367.98 312.95 Td (of ) Tj ET Q q 0 0 0 rg BT 378.35 312.95 Td (enforcing ) Tj ET Q q 0 0 0 rg BT 418.24 312.95 Td (our ) Tj ET Q q 0 0 0 rg BT 434.11 312.95 Td (rights ) Tj ET Q q 0 0 0 rg BT 458.98 312.95 Td (can ) Tj ET Q q 0 0 0 rg BT 476.36 312.95 Td (be ) Tj ET Q q 0 0 0 rg BT 489.23 312.95 Td (substantial ) Tj ET Q q 0 0 0 rg BT 535.13 312.95 Td (and, ) Tj ET Q q 0 0 0 rg BT 555.51 312.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 299.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 101.41 299.45 Td (cases, ) Tj ET Q q 0 0 0 rg BT 129.82 299.45 Td (may ) Tj ET Q q 0 0 0 rg BT 149.22 299.45 Td (prove ) Tj ET Q q 0 0 0 rg BT 174.13 299.45 Td (to ) Tj ET Q q 0 0 0 rg BT 184.03 299.45 Td (be ) Tj ET Q q 0 0 0 rg BT 196.44 299.45 Td (uneconomic. ) Tj ET Q q 0 0 0 rg BT 249.86 299.45 Td (In ) Tj ET Q q 0 0 0 rg BT 259.76 299.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 296.19 299.45 Td (the ) Tj ET Q q 0 0 0 rg BT 311.09 299.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 331.50 299.45 Td (of ) Tj ET Q q 0 0 0 rg BT 341.40 299.45 Td (some ) Tj ET Q q 0 0 0 rg BT 365.80 299.45 Td (countries ) Tj ET Q q 0 0 0 rg BT 404.72 299.45 Td (in ) Tj ET Q q 0 0 0 rg BT 414.12 299.45 Td (which ) Tj ET Q q 0 0 0 rg BT 439.52 299.45 Td (we ) Tj ET Q q 0 0 0 rg BT 453.43 299.45 Td (conduct ) Tj ET Q q 0 0 0 rg BT 487.34 299.45 Td (business ) Tj ET Q q 0 0 0 rg BT 525.26 299.45 Td (may ) Tj ET Q q 0 0 0 rg BT 544.66 299.45 Td (of) Tj ET Q q 0 0 0 rg BT 552.00 299.45 Td (fer ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 285.95 Td (only ) Tj ET Q q 0 0 0 rg BT 90.92 285.95 Td (limited ) Tj ET Q q 0 0 0 rg BT 119.33 285.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 164.27 285.95 Td (property ) Tj ET Q q 0 0 0 rg BT 199.69 285.95 Td (rights ) Tj ET Q q 0 0 0 rg BT 224.11 285.95 Td (protection. ) Tj ET Q q 0 0 0 rg BT 268.54 285.95 Td (Despite ) Tj ET Q q 0 0 0 rg BT 301.46 285.95 Td (our ) Tj ET Q q 0 0 0 rg BT 316.88 285.95 Td (ef) Tj ET Q q 0 0 0 rg BT 324.22 285.95 Td (forts, ) Tj ET Q q 0 0 0 rg BT 346.63 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 361.55 285.95 Td (steps ) Tj ET Q q 0 0 0 rg BT 385.47 285.95 Td (taken ) Tj ET Q q 0 0 0 rg BT 409.89 285.95 Td (to ) Tj ET Q q 0 0 0 rg BT 419.81 285.95 Td (protect ) Tj ET Q q 0 0 0 rg BT 449.73 285.95 Td (our ) Tj ET Q q 0 0 0 rg BT 465.15 285.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 510.08 285.95 Td (property ) Tj ET Q q 0 0 0 rg BT 545.50 285.95 Td (may ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 272.45 Td (not ) Tj ET Q q 0 0 0 rg BT 87.24 272.45 Td (be ) Tj ET Q q 0 0 0 rg BT 99.98 272.45 Td (adequate ) Tj ET Q q 0 0 0 rg BT 140.25 272.45 Td (to ) Tj ET Q q 0 0 0 rg BT 150.49 272.45 Td (prevent ) Tj ET Q q 0 0 0 rg BT 183.24 272.45 Td (or ) Tj ET Q q 0 0 0 rg BT 193.98 272.45 Td (deter ) Tj ET Q q 0 0 0 rg BT 217.22 272.45 Td (infringement ) Tj ET Q q 0 0 0 rg BT 269.48 272.45 Td (or ) Tj ET Q q 0 0 0 rg BT 280.21 272.45 Td (other ) Tj ET Q q 0 0 0 rg BT 303.46 272.45 Td (misappropriation ) Tj ET Q q 0 0 0 rg BT 372.72 272.45 Td (of ) Tj ET Q q 0 0 0 rg BT 382.96 272.45 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 428.22 272.45 Td (property) Tj ET Q q 0 0 0 rg BT 460.57 272.45 Td (, ) Tj ET Q q 0 0 0 rg BT 465.80 272.45 Td (and ) Tj ET Q q 0 0 0 rg BT 483.54 272.45 Td (we ) Tj ET Q q 0 0 0 rg BT 497.78 272.45 Td (may ) Tj ET Q q 0 0 0 rg BT 517.52 272.45 Td (not ) Tj ET Q q 0 0 0 rg BT 532.76 272.45 Td (be ) Tj ET Q q 0 0 0 rg BT 545.50 272.45 Td (able ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 258.95 Td (to ) Tj ET Q q 0 0 0 rg BT 82.01 258.95 Td (detect ) Tj ET Q q 0 0 0 rg BT 109.02 258.95 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 163.56 258.95 Td (use ) Tj ET Q q 0 0 0 rg BT 180.58 258.95 Td (of ) Tj ET Q q 0 0 0 rg BT 190.58 258.95 Td (our ) Tj ET Q q 0 0 0 rg BT 206.09 258.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 251.12 258.95 Td (property) Tj ET Q q 0 0 0 rg BT 283.46 258.95 Td (, ) Tj ET Q q 0 0 0 rg BT 288.47 258.95 Td (or ) Tj ET Q q 0 0 0 rg BT 298.97 258.95 Td (take ) Tj ET Q q 0 0 0 rg BT 318.48 258.95 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 366.51 258.95 Td (steps ) Tj ET Q q 0 0 0 rg BT 390.52 258.95 Td (to ) Tj ET Q q 0 0 0 rg BT 400.53 258.95 Td (enforce ) Tj ET Q q 0 0 0 rg BT 433.05 258.95 Td (our ) Tj ET Q q 0 0 0 rg BT 448.56 258.95 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 493.58 258.95 Td (property ) Tj ET Q q 0 0 0 rg BT 529.10 258.95 Td (rights.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 235.16679687500005 m 266.58544921875 235.16679687500005 l s q 0 0 0 rg BT 72.00 236.45 Td (Benchmarking ) Tj ET Q q 0 0 0 rg BT 132.03 236.45 Td (provisions ) Tj ET Q q 0 0 0 rg BT 175.05 236.45 Td (within ) Tj ET Q q 0 0 0 rg BT 200.56 236.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 230.07 236.45 Td (contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 216.95 Td (Some ) Tj ET Q q 0 0 0 rg BT 98.32 216.95 Td (of ) Tj ET Q q 0 0 0 rg BT 108.63 216.95 Td (our ) Tj ET Q q 0 0 0 rg BT 124.45 216.95 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 173.79 216.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 213.11 216.95 Td (contain ) Tj ET Q q 0 0 0 rg BT 244.94 216.95 Td (clauses ) Tj ET Q q 0 0 0 rg BT 278.26 216.95 Td (allowing ) Tj ET Q q 0 0 0 rg BT 313.59 216.95 Td (our ) Tj ET Q q 0 0 0 rg BT 329.41 216.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 357.72 216.95 Td (to ) Tj ET Q q 0 0 0 rg BT 368.04 216.95 Td (externally ) Tj ET Q q 0 0 0 rg BT 409.36 216.95 Td (benchmark ) Tj ET Q q 0 0 0 rg BT 456.69 216.95 Td (the ) Tj ET Q q 0 0 0 rg BT 472.01 216.95 Td (pricing ) Tj ET Q q 0 0 0 rg BT 501.33 216.95 Td (of ) Tj ET Q q 0 0 0 rg BT 511.65 216.95 Td (agreed ) Tj ET Q q 0 0 0 rg BT 542.48 216.95 Td (upon ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 203.45 Td (services ) Tj ET Q q 0 0 0 rg BT 106.73 203.45 Td (against ) Tj ET Q q 0 0 0 rg BT 137.47 203.45 Td (those ) Tj ET Q q 0 0 0 rg BT 161.21 203.45 Td (of) Tj ET Q q 0 0 0 rg BT 168.56 203.45 Td (fered ) Tj ET Q q 0 0 0 rg BT 190.79 203.45 Td (by ) Tj ET Q q 0 0 0 rg BT 202.02 203.45 Td (other ) Tj ET Q q 0 0 0 rg BT 224.26 203.45 Td (providers ) Tj ET Q q 0 0 0 rg BT 263.00 203.45 Td (in ) Tj ET Q q 0 0 0 rg BT 271.72 203.45 Td (a ) Tj ET Q q 0 0 0 rg BT 278.45 203.45 Td (peer ) Tj ET Q q 0 0 0 rg BT 298.19 203.45 Td (comparison ) Tj ET Q q 0 0 0 rg BT 346.43 203.45 Td (group. ) Tj ET Q q 0 0 0 rg BT 373.56 203.45 Td (The ) Tj ET Q q 0 0 0 rg BT 390.79 203.45 Td (uniqueness ) Tj ET Q q 0 0 0 rg BT 438.55 203.45 Td (of ) Tj ET Q q 0 0 0 rg BT 447.78 203.45 Td (the ) Tj ET Q q 0 0 0 rg BT 462.01 203.45 Td (client ) Tj ET Q q 0 0 0 rg BT 484.75 203.45 Td (environment ) Tj ET Q q 0 0 0 rg BT 535.99 203.45 Td (should ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 189.95 Td (be ) Tj ET Q q 0 0 0 rg BT 84.32 189.95 Td (factored ) Tj ET Q q 0 0 0 rg BT 119.14 189.95 Td (in ) Tj ET Q q 0 0 0 rg BT 128.45 189.95 Td (and, ) Tj ET Q q 0 0 0 rg BT 148.27 189.95 Td (if ) Tj ET Q q 0 0 0 rg BT 155.08 189.95 Td (results ) Tj ET Q q 0 0 0 rg BT 183.89 189.95 Td (indicate ) Tj ET Q q 0 0 0 rg BT 217.22 189.95 Td (a ) Tj ET Q q 0 0 0 rg BT 224.53 189.95 Td (dif) Tj ET Q q 0 0 0 rg BT 233.87 189.95 Td (ference ) Tj ET Q q 0 0 0 rg BT 266.19 189.95 Td (outside ) Tj ET Q q 0 0 0 rg BT 297.52 189.95 Td (the ) Tj ET Q q 0 0 0 rg BT 312.34 189.95 Td (agreed ) Tj ET Q q 0 0 0 rg BT 342.67 189.95 Td (upon ) Tj ET Q q 0 0 0 rg BT 364.99 189.95 Td (tolerance, ) Tj ET Q q 0 0 0 rg BT 406.82 189.95 Td (we ) Tj ET Q q 0 0 0 rg BT 420.63 189.95 Td (may ) Tj ET Q q 0 0 0 rg BT 439.94 189.95 Td (be ) Tj ET Q q 0 0 0 rg BT 452.26 189.95 Td (required ) Tj ET Q q 0 0 0 rg BT 487.58 189.95 Td (to ) Tj ET Q q 0 0 0 rg BT 497.39 189.95 Td (work ) Tj ET Q q 0 0 0 rg BT 518.70 189.95 Td (with ) Tj ET Q q 0 0 0 rg BT 537.01 189.95 Td (clients ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 176.45 Td (to ) Tj ET Q q 0 0 0 rg BT 82.69 176.45 Td (reset ) Tj ET Q q 0 0 0 rg BT 105.88 176.45 Td (the ) Tj ET Q q 0 0 0 rg BT 121.57 176.45 Td (pricing ) Tj ET Q q 0 0 0 rg BT 151.27 176.45 Td (for ) Tj ET Q q 0 0 0 rg BT 164.96 176.45 Td (their ) Tj ET Q q 0 0 0 rg BT 185.65 176.45 Td (services. ) Tj ET Q q 0 0 0 rg BT 224.13 176.45 Td (There ) Tj ET Q q 0 0 0 rg BT 250.82 176.45 Td (can ) Tj ET Q q 0 0 0 rg BT 268.52 176.45 Td (be ) Tj ET Q q 0 0 0 rg BT 281.71 176.45 Td (no ) Tj ET Q q 0 0 0 rg BT 294.91 176.45 Td (assurance ) Tj ET Q q 0 0 0 rg BT 339.61 176.45 Td (that ) Tj ET Q q 0 0 0 rg BT 357.81 176.45 Td (benchmarks ) Tj ET Q q 0 0 0 rg BT 410.01 176.45 Td (will ) Tj ET Q q 0 0 0 rg BT 425.69 176.45 Td (produce ) Tj ET Q q 0 0 0 rg BT 461.40 176.45 Td (accurate ) Tj ET Q q 0 0 0 rg BT 499.10 176.45 Td (or ) Tj ET Q q 0 0 0 rg BT 510.29 176.45 Td (reliable ) Tj ET Q q 0 0 0 rg BT 542.49 176.45 Td (data, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 162.95 Td (including ) Tj ET Q q 0 0 0 rg BT 110.03 162.95 Td (pricing ) Tj ET Q q 0 0 0 rg BT 139.04 162.95 Td (data. ) Tj ET Q q 0 0 0 rg BT 161.39 162.95 Td (This ) Tj ET Q q 0 0 0 rg BT 180.90 162.95 Td (may ) Tj ET Q q 0 0 0 rg BT 200.40 162.95 Td (result ) Tj ET Q q 0 0 0 rg BT 224.91 162.95 Td (in ) Tj ET Q q 0 0 0 rg BT 234.41 162.95 Td (pressure ) Tj ET Q q 0 0 0 rg BT 271.93 162.95 Td (on ) Tj ET Q q 0 0 0 rg BT 284.44 162.95 Td (our ) Tj ET Q q 0 0 0 rg BT 299.95 162.95 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 337.47 162.95 Td (net ) Tj ET Q q 0 0 0 rg BT 352.49 162.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 389.51 162.95 Td (and ) Tj ET Q q 0 0 0 rg BT 407.03 162.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 443.54 162.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 465.06 162.95 Td (flow ) Tj ET Q q 0 0 0 rg BT 483.56 162.95 Td (from ) Tj ET Q q 0 0 0 rg BT 504.06 162.95 Td (operations.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 73.50 129.45 Td (8.1.3. ) Tj ET Q q 0 0 0 rg BT 98.52 129.45 Td (Risks ) Tj ET Q q 0 0 0 rg BT 125.03 129.45 Td (Related ) Tj ET Q q 0 0 0 rg BT 160.05 129.45 Td (to ) Tj ET Q q 0 0 0 rg BT 171.04 129.45 Td (our ) Tj ET Q q 0 0 0 rg BT 188.04 129.45 Td (Business) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 105.66679687500005 m 237.568359375 105.66679687500005 l s q 0 0 0 rg BT 72.00 106.95 Td (Risks ) Tj ET Q q 0 0 0 rg BT 96.50 106.95 Td (associated ) Tj ET Q q 0 0 0 rg BT 142.03 106.95 Td (with ) Tj ET Q q 0 0 0 rg BT 160.53 106.95 Td (our ) Tj ET Q q 0 0 0 rg BT 176.04 106.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 205.55 106.95 Td (strategy) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 87.45 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.84 87.45 Td (s ) Tj ET Q q 0 0 0 rg BT 96.39 87.45 Td (Build ) Tj ET Q q 0 0 0 rg BT 118.45 87.45 Td (and ) Tj ET Q q 0 0 0 rg BT 135.52 87.45 Td (Buy ) Tj ET Q q 0 0 0 rg BT 153.07 87.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 187.14 87.45 Td (is ) Tj ET Q q 0 0 0 rg BT 195.69 87.45 Td (founded ) Tj ET Q q 0 0 0 rg BT 230.27 87.45 Td (on ) Tj ET Q q 0 0 0 rg BT 242.33 87.45 Td (four ) Tj ET Q q 0 0 0 rg BT 259.89 87.45 Td (pillars ) Tj ET Q q 0 0 0 rg BT 285.44 87.45 Td (of ) Tj ET Q q 0 0 0 rg BT 295.00 87.45 Td (growth: ) Tj ET Q q 0 0 0 rg BT 326.56 87.45 Td (first, ) Tj ET Q q 0 0 0 rg BT 345.61 87.45 Td (organic ) Tj ET Q q 0 0 0 rg BT 377.18 87.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 406.24 87.45 Td (through ) Tj ET Q q 0 0 0 rg BT 438.82 87.45 Td (smaller ) Tj ET Q q 0 0 0 rg BT 469.87 87.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 503.93 87.45 Td (wins, ) Tj ET Q q 0 0 0 rg BT 526.49 87.45 Td (renewals ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 73.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.88 73.95 Td (extensions ) Tj ET Q q 0 0 0 rg BT 135.78 73.95 Td (in ) Tj ET Q q 0 0 0 rg BT 145.65 73.95 Td (the ) Tj ET Q q 0 0 0 rg BT 161.03 73.95 Td (areas ) Tj ET Q q 0 0 0 rg BT 186.41 73.95 Td (of ) Tj ET Q q 0 0 0 rg BT 196.78 73.95 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 246.17 73.95 Td (and ) Tj ET Q q 0 0 0 rg BT 264.06 73.95 Td (system ) Tj ET Q q 0 0 0 rg BT 295.43 73.95 Td (integration; ) Tj ET Q q 0 0 0 rg BT 342.82 73.95 Td (second, ) Tj ET Q q 0 0 0 rg BT 377.21 73.95 Td (the ) Tj ET Q q 0 0 0 rg BT 392.59 73.95 Td (pursuit ) Tj ET Q q 0 0 0 rg BT 422.47 73.95 Td (of ) Tj ET Q q 0 0 0 rg BT 432.84 73.95 Td (new ) Tj ET Q q 0 0 0 rg BT 452.22 73.95 Td (large ) Tj ET Q q 0 0 0 rg BT 475.10 73.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 515.98 73.95 Td (outsourcing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 60.45 Td (contracts; ) Tj ET Q q 0 0 0 rg BT 113.52 60.45 Td (third, ) Tj ET Q q 0 0 0 rg BT 136.02 60.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 185.55 60.45 Td (of ) Tj ET Q q 0 0 0 rg BT 195.56 60.45 Td (smaller ) Tj ET Q q 0 0 0 rg BT 227.06 60.45 Td (firms ) Tj ET Q q 0 0 0 rg BT 249.06 60.45 Td (or ) Tj ET Q q 0 0 0 rg BT 259.56 60.45 Td (niche ) Tj ET Q q 0 0 0 rg BT 283.57 60.45 Td (players; ) Tj ET Q q 0 0 0 rg BT 317.59 60.45 Td (and ) Tj ET Q q 0 0 0 rg BT 335.10 60.45 Td (fourth, ) Tj ET Q q 0 0 0 rg BT 363.12 60.45 Td (large ) Tj ET Q q 0 0 0 rg BT 385.63 60.45 Td (transformational ) Tj ET Q q 0 0 0 rg BT 452.66 60.45 Td (acquisitions.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (40) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.52 708.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 115.05 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 125.08 708.95 Td (achieve ) Tj ET Q q 0 0 0 rg BT 158.62 708.95 Td (organic ) Tj ET Q q 0 0 0 rg BT 190.65 708.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 220.19 708.95 Td (is ) Tj ET Q q 0 0 0 rg BT 229.20 708.95 Td (af) Tj ET Q q 0 0 0 rg BT 236.55 708.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 263.58 708.95 Td (by ) Tj ET Q q 0 0 0 rg BT 275.61 708.95 Td (a ) Tj ET Q q 0 0 0 rg BT 283.13 708.95 Td (number ) Tj ET Q q 0 0 0 rg BT 316.17 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 326.19 708.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 355.72 708.95 Td (outside ) Tj ET Q q 0 0 0 rg BT 387.26 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 397.28 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 412.81 708.95 Td (control, ) Tj ET Q q 0 0 0 rg BT 444.84 708.95 Td (including ) Tj ET Q q 0 0 0 rg BT 482.89 708.95 Td (a ) Tj ET Q q 0 0 0 rg BT 490.41 708.95 Td (lengthening ) Tj ET Q q 0 0 0 rg BT 539.47 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 549.50 708.95 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (sales ) Tj ET Q q 0 0 0 rg BT 95.51 695.45 Td (cycle ) Tj ET Q q 0 0 0 rg BT 118.52 695.45 Td (for ) Tj ET Q q 0 0 0 rg BT 131.52 695.45 Td (major ) Tj ET Q q 0 0 0 rg BT 156.52 695.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 205.55 695.45 Td (contracts.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.71 675.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 115.42 675.95 Td (to ) Tj ET Q q 0 0 0 rg BT 125.63 675.95 Td (grow ) Tj ET Q q 0 0 0 rg BT 147.84 675.95 Td (through ) Tj ET Q q 0 0 0 rg BT 181.07 675.95 Td (niche ) Tj ET Q q 0 0 0 rg BT 205.28 675.95 Td (and ) Tj ET Q q 0 0 0 rg BT 223.00 675.95 Td (transformational ) Tj ET Q q 0 0 0 rg BT 290.24 675.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 339.97 675.95 Td (requires ) Tj ET Q q 0 0 0 rg BT 375.18 675.95 Td (that ) Tj ET Q q 0 0 0 rg BT 392.90 675.95 Td (we ) Tj ET Q q 0 0 0 rg BT 407.11 675.95 Td (identify ) Tj ET Q q 0 0 0 rg BT 438.33 675.95 Td (suitable ) Tj ET Q q 0 0 0 rg BT 472.05 675.95 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 517.28 675.95 Td (targets ) Tj ET Q q 0 0 0 rg BT 547.50 675.95 Td (that ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (we ) Tj ET Q q 0 0 0 rg BT 87.28 662.45 Td (correctly ) Tj ET Q q 0 0 0 rg BT 125.07 662.45 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 162.87 662.45 Td (their ) Tj ET Q q 0 0 0 rg BT 184.16 662.45 Td (potential ) Tj ET Q q 0 0 0 rg BT 221.97 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 235.25 662.45 Td (transactions ) Tj ET Q q 0 0 0 rg BT 287.56 662.45 Td (that ) Tj ET Q q 0 0 0 rg BT 306.35 662.45 Td (will ) Tj ET Q q 0 0 0 rg BT 322.62 662.45 Td (meet ) Tj ET Q q 0 0 0 rg BT 346.41 662.45 Td (our ) Tj ET Q q 0 0 0 rg BT 363.20 662.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 400.00 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 418.79 662.45 Td (operational ) Tj ET Q q 0 0 0 rg BT 467.11 662.45 Td (objectives, ) Tj ET Q q 0 0 0 rg BT 513.41 662.45 Td (and ) Tj ET Q q 0 0 0 rg BT 532.20 662.45 Td (that ) Tj ET Q q 0 0 0 rg BT 551.00 662.45 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (successfully ) Tj ET Q q 0 0 0 rg BT 123.17 648.95 Td (integrate ) Tj ET Q q 0 0 0 rg BT 160.85 648.95 Td (them ) Tj ET Q q 0 0 0 rg BT 183.51 648.95 Td (into ) Tj ET Q q 0 0 0 rg BT 200.67 648.95 Td (our ) Tj ET Q q 0 0 0 rg BT 216.33 648.95 Td (business. ) Tj ET Q q 0 0 0 rg BT 256.84 648.95 Td (There ) Tj ET Q q 0 0 0 rg BT 283.00 648.95 Td (can, ) Tj ET Q q 0 0 0 rg BT 302.66 648.95 Td (however) Tj ET Q q 0 0 0 rg BT 336.19 648.95 Td (, ) Tj ET Q q 0 0 0 rg BT 341.34 648.95 Td (be ) Tj ET Q q 0 0 0 rg BT 354.00 648.95 Td (no ) Tj ET Q q 0 0 0 rg BT 366.67 648.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 410.84 648.95 Td (that ) Tj ET Q q 0 0 0 rg BT 428.51 648.95 Td (we ) Tj ET Q q 0 0 0 rg BT 442.67 648.95 Td (will ) Tj ET Q q 0 0 0 rg BT 457.82 648.95 Td (be ) Tj ET Q q 0 0 0 rg BT 470.48 648.95 Td (able ) Tj ET Q q 0 0 0 rg BT 490.15 648.95 Td (to ) Tj ET Q q 0 0 0 rg BT 500.31 648.95 Td (identify ) Tj ET Q q 0 0 0 rg BT 531.48 648.95 Td (suitable ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.45 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 116.68 635.45 Td (targets ) Tj ET Q q 0 0 0 rg BT 146.34 635.45 Td (and ) Tj ET Q q 0 0 0 rg BT 163.51 635.45 Td (consummate ) Tj ET Q q 0 0 0 rg BT 217.18 635.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 257.86 635.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 307.03 635.45 Td (that ) Tj ET Q q 0 0 0 rg BT 324.20 635.45 Td (meet ) Tj ET Q q 0 0 0 rg BT 346.35 635.45 Td (our ) Tj ET Q q 0 0 0 rg BT 361.51 635.45 Td (economic ) Tj ET Q q 0 0 0 rg BT 402.18 635.45 Td (thresholds, ) Tj ET Q q 0 0 0 rg BT 448.35 635.45 Td (or ) Tj ET Q q 0 0 0 rg BT 458.51 635.45 Td (that ) Tj ET Q q 0 0 0 rg BT 475.67 635.45 Td (future ) Tj ET Q q 0 0 0 rg BT 500.83 635.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 550.01 635.45 Td (will ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 621.95 Td (be ) Tj ET Q q 0 0 0 rg BT 84.51 621.95 Td (successfully ) Tj ET Q q 0 0 0 rg BT 135.53 621.95 Td (integrated ) Tj ET Q q 0 0 0 rg BT 178.06 621.95 Td (into ) Tj ET Q q 0 0 0 rg BT 195.07 621.95 Td (our ) Tj ET Q q 0 0 0 rg BT 210.58 621.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 255.11 621.95 Td (and ) Tj ET Q q 0 0 0 rg BT 272.62 621.95 Td (yield ) Tj ET Q q 0 0 0 rg BT 293.63 621.95 Td (the ) Tj ET Q q 0 0 0 rg BT 308.65 621.95 Td (tangible ) Tj ET Q q 0 0 0 rg BT 342.67 621.95 Td (accretive ) Tj ET Q q 0 0 0 rg BT 381.19 621.95 Td (value ) Tj ET Q q 0 0 0 rg BT 405.20 621.95 Td (that ) Tj ET Q q 0 0 0 rg BT 422.71 621.95 Td (had ) Tj ET Q q 0 0 0 rg BT 440.23 621.95 Td (been ) Tj ET Q q 0 0 0 rg BT 462.75 621.95 Td (expected.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 602.45 Td (If ) Tj ET Q q 0 0 0 rg BT 79.36 602.45 Td (we ) Tj ET Q q 0 0 0 rg BT 93.23 602.45 Td (are ) Tj ET Q q 0 0 0 rg BT 108.59 602.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 137.98 602.45 Td (to ) Tj ET Q q 0 0 0 rg BT 147.85 602.45 Td (implement ) Tj ET Q q 0 0 0 rg BT 191.72 602.45 Td (our ) Tj ET Q q 0 0 0 rg BT 207.09 602.45 Td (Build ) Tj ET Q q 0 0 0 rg BT 229.46 602.45 Td (and ) Tj ET Q q 0 0 0 rg BT 246.84 602.45 Td (Buy ) Tj ET Q q 0 0 0 rg BT 264.70 602.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 296.05 602.45 Td (, ) Tj ET Q q 0 0 0 rg BT 300.91 602.45 Td (we ) Tj ET Q q 0 0 0 rg BT 314.78 602.45 Td (will ) Tj ET Q q 0 0 0 rg BT 329.63 602.45 Td (likely ) Tj ET Q q 0 0 0 rg BT 352.00 602.45 Td (be ) Tj ET Q q 0 0 0 rg BT 364.37 602.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 393.75 602.45 Td (to ) Tj ET Q q 0 0 0 rg BT 403.62 602.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 440.00 602.45 Td (our ) Tj ET Q q 0 0 0 rg BT 455.37 602.45 Td (historic ) Tj ET Q q 0 0 0 rg BT 486.23 602.45 Td (or ) Tj ET Q q 0 0 0 rg BT 496.60 602.45 Td (expected ) Tj ET Q q 0 0 0 rg BT 535.48 602.45 Td (growth ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 588.95 Td (rates.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 565.166796875 m 202.05615234375 565.166796875 l s q 0 0 0 rg BT 72.00 566.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 566.45 Td (variability ) Tj ET Q q 0 0 0 rg BT 130.02 566.45 Td (of ) Tj ET Q q 0 0 0 rg BT 140.03 566.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 175.55 566.45 Td (results) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 546.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 88.72 546.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 113.45 546.95 Td (to ) Tj ET Q q 0 0 0 rg BT 122.67 546.95 Td (maintain ) Tj ET Q q 0 0 0 rg BT 158.41 546.95 Td (and ) Tj ET Q q 0 0 0 rg BT 175.14 546.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 210.88 546.95 Td (our ) Tj ET Q q 0 0 0 rg BT 225.60 546.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 259.84 546.95 Td (is ) Tj ET Q q 0 0 0 rg BT 268.06 546.95 Td (af) Tj ET Q q 0 0 0 rg BT 275.41 546.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 301.64 546.95 Td (not ) Tj ET Q q 0 0 0 rg BT 315.87 546.95 Td (only ) Tj ET Q q 0 0 0 rg BT 334.10 546.95 Td (by ) Tj ET Q q 0 0 0 rg BT 345.32 546.95 Td (our ) Tj ET Q q 0 0 0 rg BT 360.05 546.95 Td (success ) Tj ET Q q 0 0 0 rg BT 394.27 546.95 Td (in ) Tj ET Q q 0 0 0 rg BT 403.00 546.95 Td (implementing ) Tj ET Q q 0 0 0 rg BT 458.24 546.95 Td (our ) Tj ET Q q 0 0 0 rg BT 472.97 546.95 Td (Build ) Tj ET Q q 0 0 0 rg BT 494.70 546.95 Td (and ) Tj ET Q q 0 0 0 rg BT 511.43 546.95 Td (Buy ) Tj ET Q q 0 0 0 rg BT 528.66 546.95 Td (strategy) Tj ET Q q 0 0 0 rg BT 560.00 546.95 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 533.45 Td (but ) Tj ET Q q 0 0 0 rg BT 86.97 533.45 Td (also ) Tj ET Q q 0 0 0 rg BT 105.94 533.45 Td (by ) Tj ET Q q 0 0 0 rg BT 117.90 533.45 Td (a ) Tj ET Q q 0 0 0 rg BT 125.36 533.45 Td (number ) Tj ET Q q 0 0 0 rg BT 158.34 533.45 Td (of ) Tj ET Q q 0 0 0 rg BT 168.30 533.45 Td (other ) Tj ET Q q 0 0 0 rg BT 191.27 533.45 Td (factors, ) Tj ET Q q 0 0 0 rg BT 223.24 533.45 Td (which ) Tj ET Q q 0 0 0 rg BT 248.70 533.45 Td (could ) Tj ET Q q 0 0 0 rg BT 272.68 533.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 299.15 533.45 Td (the ) Tj ET Q q 0 0 0 rg BT 314.12 533.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 361.31 533.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 396.79 533.45 Td (results ) Tj ET Q q 0 0 0 rg BT 425.76 533.45 Td (to ) Tj ET Q q 0 0 0 rg BT 435.72 533.45 Td (fluctuate. ) Tj ET Q q 0 0 0 rg BT 474.54 533.45 Td (These ) Tj ET Q q 0 0 0 rg BT 502.01 533.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 531.48 533.45 Td (include: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 519.95 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 82.64 519.95 Td (our ) Tj ET Q q 0 0 0 rg BT 98.29 519.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 123.94 519.95 Td (to ) Tj ET Q q 0 0 0 rg BT 134.10 519.95 Td (introduce ) Tj ET Q q 0 0 0 rg BT 173.76 519.95 Td (and ) Tj ET Q q 0 0 0 rg BT 191.42 519.95 Td (deliver ) Tj ET Q q 0 0 0 rg BT 220.58 519.95 Td (new ) Tj ET Q q 0 0 0 rg BT 239.74 519.95 Td (services ) Tj ET Q q 0 0 0 rg BT 275.39 519.95 Td (and ) Tj ET Q q 0 0 0 rg BT 293.05 519.95 Td (business ) Tj ET Q q 0 0 0 rg BT 331.21 519.95 Td (solutions; ) Tj ET Q q 0 0 0 rg BT 371.88 519.95 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 384.52 519.95 Td (our ) Tj ET Q q 0 0 0 rg BT 400.17 519.95 Td (potential ) Tj ET Q q 0 0 0 rg BT 436.84 519.95 Td (exposure ) Tj ET Q q 0 0 0 rg BT 476.51 519.95 Td (to ) Tj ET Q q 0 0 0 rg BT 486.66 519.95 Td (a ) Tj ET Q q 0 0 0 rg BT 494.31 519.95 Td (lengthened ) Tj ET Q q 0 0 0 rg BT 541.50 519.95 Td (sales ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 506.45 Td (cycle; ) Tj ET Q q 0 0 0 rg BT 97.35 506.45 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 111.69 506.45 Td (the ) Tj ET Q q 0 0 0 rg BT 126.55 506.45 Td (cyclicality ) Tj ET Q q 0 0 0 rg BT 166.90 506.45 Td (of ) Tj ET Q q 0 0 0 rg BT 176.76 506.45 Td (the ) Tj ET Q q 0 0 0 rg BT 191.62 506.45 Td (purchases ) Tj ET Q q 0 0 0 rg BT 235.49 506.45 Td (of ) Tj ET Q q 0 0 0 rg BT 245.34 506.45 Td (our ) Tj ET Q q 0 0 0 rg BT 260.70 506.45 Td (technology ) Tj ET Q q 0 0 0 rg BT 306.58 506.45 Td (services ) Tj ET Q q 0 0 0 rg BT 341.93 506.45 Td (and ) Tj ET Q q 0 0 0 rg BT 359.30 506.45 Td (products; ) Tj ET Q q 0 0 0 rg BT 398.66 506.45 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 413.50 506.45 Td (the ) Tj ET Q q 0 0 0 rg BT 428.36 506.45 Td (nature ) Tj ET Q q 0 0 0 rg BT 456.23 506.45 Td (of ) Tj ET Q q 0 0 0 rg BT 466.08 506.45 Td (our ) Tj ET Q q 0 0 0 rg BT 481.44 506.45 Td (client) Tj ET Q q 0 0 0 rg BT 504.29 506.45 Td (s ) Tj ET Q q 0 0 0 rg BT 511.13 506.45 Td (business ) Tj ET Q q 0 0 0 rg BT 549.00 506.45 Td (\(for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 492.95 Td (example, ) Tj ET Q q 0 0 0 rg BT 111.02 492.95 Td (if ) Tj ET Q q 0 0 0 rg BT 118.03 492.95 Td (a ) Tj ET Q q 0 0 0 rg BT 125.54 492.95 Td (client ) Tj ET Q q 0 0 0 rg BT 149.06 492.95 Td (encounters ) Tj ET Q q 0 0 0 rg BT 196.09 492.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 231.62 492.95 Td (dif) Tj ET Q q 0 0 0 rg BT 240.96 492.95 Td (ficulty) Tj ET Q q 0 0 0 rg BT 263.30 492.95 Td (, ) Tj ET Q q 0 0 0 rg BT 268.30 492.95 Td (it ) Tj ET Q q 0 0 0 rg BT 275.31 492.95 Td (may ) Tj ET Q q 0 0 0 rg BT 294.82 492.95 Td (be ) Tj ET Q q 0 0 0 rg BT 307.33 492.95 Td (forced ) Tj ET Q q 0 0 0 rg BT 334.85 492.95 Td (to ) Tj ET Q q 0 0 0 rg BT 344.86 492.95 Td (cancel, ) Tj ET Q q 0 0 0 rg BT 375.88 492.95 Td (reduce ) Tj ET Q q 0 0 0 rg BT 405.91 492.95 Td (or ) Tj ET Q q 0 0 0 rg BT 416.42 492.95 Td (defer ) Tj ET Q q 0 0 0 rg BT 439.43 492.95 Td (existing ) Tj ET Q q 0 0 0 rg BT 472.46 492.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 511.48 492.95 Td (with ) Tj ET Q q 0 0 0 rg BT 529.99 492.95 Td (us\); ) Tj ET Q q 0 0 0 rg BT 547.49 492.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 479.45 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 84.72 479.45 Td (the ) Tj ET Q q 0 0 0 rg BT 99.46 479.45 Td (structure ) Tj ET Q q 0 0 0 rg BT 136.70 479.45 Td (of ) Tj ET Q q 0 0 0 rg BT 146.43 479.45 Td (our ) Tj ET Q q 0 0 0 rg BT 161.67 479.45 Td (agreements ) Tj ET Q q 0 0 0 rg BT 211.42 479.45 Td (with ) Tj ET Q q 0 0 0 rg BT 229.65 479.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 257.39 479.45 Td (\(for ) Tj ET Q q 0 0 0 rg BT 273.12 479.45 Td (example, ) Tj ET Q q 0 0 0 rg BT 311.86 479.45 Td (some ) Tj ET Q q 0 0 0 rg BT 336.10 479.45 Td (of ) Tj ET Q q 0 0 0 rg BT 345.83 479.45 Td (CGI's ) Tj ET Q q 0 0 0 rg BT 370.27 479.45 Td (agreements ) Tj ET Q q 0 0 0 rg BT 420.03 479.45 Td (with ) Tj ET Q q 0 0 0 rg BT 438.26 479.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 466.00 479.45 Td (contain ) Tj ET Q q 0 0 0 rg BT 497.25 479.45 Td (clauses ) Tj ET Q q 0 0 0 rg BT 529.99 479.45 Td (allowing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 465.95 Td (the ) Tj ET Q q 0 0 0 rg BT 87.28 465.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 115.56 465.95 Td (to ) Tj ET Q q 0 0 0 rg BT 125.83 465.95 Td (benchmark ) Tj ET Q q 0 0 0 rg BT 173.12 465.95 Td (the ) Tj ET Q q 0 0 0 rg BT 188.40 465.95 Td (pricing ) Tj ET Q q 0 0 0 rg BT 217.69 465.95 Td (of ) Tj ET Q q 0 0 0 rg BT 227.96 465.95 Td (services ) Tj ET Q q 0 0 0 rg BT 263.74 465.95 Td (provided ) Tj ET Q q 0 0 0 rg BT 301.03 465.95 Td (by ) Tj ET Q q 0 0 0 rg BT 313.30 465.95 Td (CGI ) Tj ET Q q 0 0 0 rg BT 332.07 465.95 Td (against ) Tj ET Q q 0 0 0 rg BT 363.86 465.95 Td (the ) Tj ET Q q 0 0 0 rg BT 379.14 465.95 Td (prices ) Tj ET Q q 0 0 0 rg BT 405.92 465.95 Td (of) Tj ET Q q 0 0 0 rg BT 413.26 465.95 Td (fered ) Tj ET Q q 0 0 0 rg BT 436.55 465.95 Td (by ) Tj ET Q q 0 0 0 rg BT 448.82 465.95 Td (other ) Tj ET Q q 0 0 0 rg BT 472.10 465.95 Td (providers\). ) Tj ET Q q 0 0 0 rg BT 517.21 465.95 Td (These, ) Tj ET Q q 0 0 0 rg BT 547.49 465.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 452.45 Td (other ) Tj ET Q q 0 0 0 rg BT 95.01 452.45 Td (factors, ) Tj ET Q q 0 0 0 rg BT 127.02 452.45 Td (make ) Tj ET Q q 0 0 0 rg BT 151.53 452.45 Td (it ) Tj ET Q q 0 0 0 rg BT 158.53 452.45 Td (dif) Tj ET Q q 0 0 0 rg BT 167.88 452.45 Td (ficult ) Tj ET Q q 0 0 0 rg BT 188.88 452.45 Td (to ) Tj ET Q q 0 0 0 rg BT 198.89 452.45 Td (predict ) Tj ET Q q 0 0 0 rg BT 228.40 452.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 263.92 452.45 Td (results ) Tj ET Q q 0 0 0 rg BT 292.93 452.45 Td (for ) Tj ET Q q 0 0 0 rg BT 305.93 452.45 Td (any ) Tj ET Q q 0 0 0 rg BT 322.95 452.45 Td (given ) Tj ET Q q 0 0 0 rg BT 346.96 452.45 Td (period.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 428.666796875 m 166.0341796875 428.666796875 l s q 0 0 0 rg BT 72.00 429.95 Td (Business ) Tj ET Q q 0 0 0 rg BT 111.02 429.95 Td (mix ) Tj ET Q q 0 0 0 rg BT 127.52 429.95 Td (variations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 410.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.96 410.45 Td (proportion ) Tj ET Q q 0 0 0 rg BT 134.94 410.45 Td (of ) Tj ET Q q 0 0 0 rg BT 145.90 410.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 181.88 410.45 Td (that ) Tj ET Q q 0 0 0 rg BT 200.34 410.45 Td (we ) Tj ET Q q 0 0 0 rg BT 215.30 410.45 Td (generate ) Tj ET Q q 0 0 0 rg BT 254.28 410.45 Td (from ) Tj ET Q q 0 0 0 rg BT 275.73 410.45 Td (shorter-term ) Tj ET Q q 0 0 0 rg BT 328.19 410.45 Td (system ) Tj ET Q q 0 0 0 rg BT 360.15 410.45 Td (integration ) Tj ET Q q 0 0 0 rg BT 405.63 410.45 Td (and ) Tj ET Q q 0 0 0 rg BT 424.10 410.45 Td (consulting ) Tj ET Q q 0 0 0 rg BT 468.08 410.45 Td (projects ) Tj ET Q q 0 0 0 rg BT 503.04 410.45 Td (\(SI&C\), ) Tj ET Q q 0 0 0 rg BT 536.00 410.45 Td (versus ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 396.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 105.82 396.95 Td (from ) Tj ET Q q 0 0 0 rg BT 125.11 396.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 164.42 396.95 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 212.24 396.95 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 252.55 396.95 Td (will ) Tj ET Q q 0 0 0 rg BT 266.34 396.95 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 301.65 396.95 Td (at ) Tj ET Q q 0 0 0 rg BT 310.45 396.95 Td (times, ) Tj ET Q q 0 0 0 rg BT 335.75 396.95 Td (af) Tj ET Q q 0 0 0 rg BT 343.09 396.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 368.90 396.95 Td (by ) Tj ET Q q 0 0 0 rg BT 379.70 396.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 428.02 396.95 Td (or ) Tj ET Q q 0 0 0 rg BT 437.31 396.95 Td (other ) Tj ET Q q 0 0 0 rg BT 459.12 396.95 Td (transactions. ) Tj ET Q q 0 0 0 rg BT 511.18 396.95 Td (An ) Tj ET Q q 0 0 0 rg BT 523.48 396.95 Td (increased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 383.45 Td (exposure ) Tj ET Q q 0 0 0 rg BT 110.96 383.45 Td (to ) Tj ET Q q 0 0 0 rg BT 120.40 383.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 154.85 383.45 Td (from ) Tj ET Q q 0 0 0 rg BT 174.78 383.45 Td (SI&C ) Tj ET Q q 0 0 0 rg BT 197.72 383.45 Td (projects ) Tj ET Q q 0 0 0 rg BT 231.17 383.45 Td (may ) Tj ET Q q 0 0 0 rg BT 250.10 383.45 Td (result ) Tj ET Q q 0 0 0 rg BT 274.04 383.45 Td (in ) Tj ET Q q 0 0 0 rg BT 282.98 383.45 Td (greater ) Tj ET Q q 0 0 0 rg BT 313.43 383.45 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 350.38 383.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 384.83 383.45 Td (variations, ) Tj ET Q q 0 0 0 rg BT 427.79 383.45 Td (as ) Tj ET Q q 0 0 0 rg BT 439.22 383.45 Td (the ) Tj ET Q q 0 0 0 rg BT 453.67 383.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 488.12 383.45 Td (from ) Tj ET Q q 0 0 0 rg BT 508.06 383.45 Td (SI&C ) Tj ET Q q 0 0 0 rg BT 531.00 383.45 Td (projects ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 369.95 Td (does ) Tj ET Q q 0 0 0 rg BT 94.02 369.95 Td (not ) Tj ET Q q 0 0 0 rg BT 109.03 369.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 141.05 369.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 181.56 369.95 Td (consistency ) Tj ET Q q 0 0 0 rg BT 231.08 369.95 Td (in ) Tj ET Q q 0 0 0 rg BT 240.59 369.95 Td (revenue.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 346.166796875 m 340.154296875 346.166796875 l s q 0 0 0 rg BT 72.00 347.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.01 347.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 125.53 347.45 Td (and ) Tj ET Q q 0 0 0 rg BT 143.05 347.45 Td (operational ) Tj ET Q q 0 0 0 rg BT 190.08 347.45 Td (risks ) Tj ET Q q 0 0 0 rg BT 211.08 347.45 Td (inherent ) Tj ET Q q 0 0 0 rg BT 246.10 347.45 Td (in ) Tj ET Q q 0 0 0 rg BT 255.61 347.45 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 298.13 347.45 Td (operations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 327.95 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 327.95 Td (e ) Tj ET Q q 0 0 0 rg BT 86.76 327.95 Td (manage ) Tj ET Q q 0 0 0 rg BT 120.70 327.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 164.15 327.95 Td (in ) Tj ET Q q 0 0 0 rg BT 172.58 327.95 Td (numerous ) Tj ET Q q 0 0 0 rg BT 214.02 327.95 Td (countries ) Tj ET Q q 0 0 0 rg BT 251.95 327.95 Td (around ) Tj ET Q q 0 0 0 rg BT 281.40 327.95 Td (the ) Tj ET Q q 0 0 0 rg BT 295.33 327.95 Td (world ) Tj ET Q q 0 0 0 rg BT 318.26 327.95 Td (including ) Tj ET Q q 0 0 0 rg BT 355.20 327.95 Td (of) Tj ET Q q 0 0 0 rg BT 362.54 327.95 Td (fshore ) Tj ET Q q 0 0 0 rg BT 388.98 327.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 421.41 327.95 Td (centers. ) Tj ET Q q 0 0 0 rg BT 454.75 327.95 Td (The ) Tj ET Q q 0 0 0 rg BT 471.68 327.95 Td (scope ) Tj ET Q q 0 0 0 rg BT 497.12 327.95 Td (of ) Tj ET Q q 0 0 0 rg BT 506.04 327.95 Td (our ) Tj ET Q q 0 0 0 rg BT 520.47 327.95 Td (operations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 314.45 Td (\(including ) Tj ET Q q 0 0 0 rg BT 113.08 314.45 Td (our ) Tj ET Q q 0 0 0 rg BT 128.65 314.45 Td (of) Tj ET Q q 0 0 0 rg BT 135.99 314.45 Td (fshore ) Tj ET Q q 0 0 0 rg BT 163.56 314.45 Td (delivery ) Tj ET Q q 0 0 0 rg BT 197.13 314.45 Td (centers\) ) Tj ET Q q 0 0 0 rg BT 232.20 314.45 Td (subjects ) Tj ET Q q 0 0 0 rg BT 267.77 314.45 Td (us ) Tj ET Q q 0 0 0 rg BT 279.84 314.45 Td (to ) Tj ET Q q 0 0 0 rg BT 289.90 314.45 Td (issues ) Tj ET Q q 0 0 0 rg BT 317.97 314.45 Td (that ) Tj ET Q q 0 0 0 rg BT 335.54 314.45 Td (can ) Tj ET Q q 0 0 0 rg BT 352.61 314.45 Td (negatively ) Tj ET Q q 0 0 0 rg BT 395.69 314.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 424.76 314.45 Td (our ) Tj ET Q q 0 0 0 rg BT 440.33 314.45 Td (operations, ) Tj ET Q q 0 0 0 rg BT 487.41 314.45 Td (including: ) Tj ET Q q 0 0 0 rg BT 528.00 314.45 Td (currency ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 300.95 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 119.57 300.95 Td (\(see ) Tj ET Q q 0 0 0 rg BT 139.11 300.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 168.67 300.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 209.74 300.95 Td (risk\); ) Tj ET Q q 0 0 0 rg BT 231.28 300.95 Td (the ) Tj ET Q q 0 0 0 rg BT 245.83 300.95 Td (burden ) Tj ET Q q 0 0 0 rg BT 275.89 300.95 Td (of ) Tj ET Q q 0 0 0 rg BT 285.43 300.95 Td (complying ) Tj ET Q q 0 0 0 rg BT 327.99 300.95 Td (with ) Tj ET Q q 0 0 0 rg BT 346.03 300.95 Td (a ) Tj ET Q q 0 0 0 rg BT 353.08 300.95 Td (wide ) Tj ET Q q 0 0 0 rg BT 373.63 300.95 Td (variety ) Tj ET Q q 0 0 0 rg BT 402.17 300.95 Td (of ) Tj ET Q q 0 0 0 rg BT 411.72 300.95 Td (national ) Tj ET Q q 0 0 0 rg BT 445.28 300.95 Td (and ) Tj ET Q q 0 0 0 rg BT 462.34 300.95 Td (local ) Tj ET Q q 0 0 0 rg BT 482.89 300.95 Td (laws ) Tj ET Q q 0 0 0 rg BT 502.93 300.95 Td (\(see ) Tj ET Q q 0 0 0 rg BT 522.48 300.95 Td (regulatory ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 287.45 Td (risk\); ) Tj ET Q q 0 0 0 rg BT 94.83 287.45 Td (the ) Tj ET Q q 0 0 0 rg BT 110.69 287.45 Td (dif) Tj ET Q q 0 0 0 rg BT 120.03 287.45 Td (ferences ) Tj ET Q q 0 0 0 rg BT 157.89 287.45 Td (in ) Tj ET Q q 0 0 0 rg BT 168.23 287.45 Td (and ) Tj ET Q q 0 0 0 rg BT 186.59 287.45 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 240.96 287.45 Td (arising ) Tj ET Q q 0 0 0 rg BT 270.81 287.45 Td (from ) Tj ET Q q 0 0 0 rg BT 292.15 287.45 Td (local ) Tj ET Q q 0 0 0 rg BT 314.00 287.45 Td (business ) Tj ET Q q 0 0 0 rg BT 352.86 287.45 Td (culture ) Tj ET Q q 0 0 0 rg BT 383.22 287.45 Td (and ) Tj ET Q q 0 0 0 rg BT 401.57 287.45 Td (practices; ) Tj ET Q q 0 0 0 rg BT 443.43 287.45 Td (political, ) Tj ET Q q 0 0 0 rg BT 479.28 287.45 Td (social ) Tj ET Q q 0 0 0 rg BT 505.63 287.45 Td (and ) Tj ET Q q 0 0 0 rg BT 523.99 287.45 Td (economic ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 273.95 Td (instability ) Tj ET Q q 0 0 0 rg BT 111.05 273.95 Td (including ) Tj ET Q q 0 0 0 rg BT 148.61 273.95 Td (the ) Tj ET Q q 0 0 0 rg BT 163.16 273.95 Td (threats ) Tj ET Q q 0 0 0 rg BT 192.71 273.95 Td (of ) Tj ET Q q 0 0 0 rg BT 202.25 273.95 Td (terrorism, ) Tj ET Q q 0 0 0 rg BT 242.29 273.95 Td (civil ) Tj ET Q q 0 0 0 rg BT 259.33 273.95 Td (unrest, ) Tj ET Q q 0 0 0 rg BT 288.88 273.95 Td (war) Tj ET Q q 0 0 0 rg BT 302.88 273.95 Td (, ) Tj ET Q q 0 0 0 rg BT 307.42 273.95 Td (natural ) Tj ET Q q 0 0 0 rg BT 336.97 273.95 Td (disasters ) Tj ET Q q 0 0 0 rg BT 375.02 273.95 Td (and ) Tj ET Q q 0 0 0 rg BT 392.08 273.95 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 433.14 273.95 Td (illnesses. ) Tj ET Q q 0 0 0 rg BT 471.78 273.95 Td (Any ) Tj ET Q q 0 0 0 rg BT 489.33 273.95 Td (or ) Tj ET Q q 0 0 0 rg BT 499.37 273.95 Td (all ) Tj ET Q q 0 0 0 rg BT 510.41 273.95 Td (of ) Tj ET Q q 0 0 0 rg BT 519.95 273.95 Td (these ) Tj ET Q q 0 0 0 rg BT 544.01 273.95 Td (risks ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 260.45 Td (could ) Tj ET Q q 0 0 0 rg BT 96.02 260.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 125.02 260.45 Td (our ) Tj ET Q q 0 0 0 rg BT 140.53 260.45 Td (global ) Tj ET Q q 0 0 0 rg BT 167.05 260.45 Td (business ) Tj ET Q q 0 0 0 rg BT 205.08 260.45 Td (operations ) Tj ET Q q 0 0 0 rg BT 249.60 260.45 Td (and ) Tj ET Q q 0 0 0 rg BT 267.12 260.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 293.64 260.45 Td (our ) Tj ET Q q 0 0 0 rg BT 309.15 260.45 Td (profitability ) Tj ET Q q 0 0 0 rg BT 354.67 260.45 Td (to ) Tj ET Q q 0 0 0 rg BT 364.67 260.45 Td (decline.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 236.66679687500005 m 273.6123046875 236.66679687500005 l s q 0 0 0 rg BT 72.00 237.95 Td (Organizational ) Tj ET Q q 0 0 0 rg BT 132.53 237.95 Td (challenges ) Tj ET Q q 0 0 0 rg BT 178.07 237.95 Td (associated ) Tj ET Q q 0 0 0 rg BT 223.59 237.95 Td (with ) Tj ET Q q 0 0 0 rg BT 242.10 237.95 Td (our ) Tj ET Q q 0 0 0 rg BT 257.61 237.95 Td (size) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 218.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.49 218.45 Td (culture, ) Tj ET Q q 0 0 0 rg BT 121.49 218.45 Td (standards, ) Tj ET Q q 0 0 0 rg BT 166.00 218.45 Td (core ) Tj ET Q q 0 0 0 rg BT 185.99 218.45 Td (values, ) Tj ET Q q 0 0 0 rg BT 216.99 218.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 249.00 218.45 Td (controls ) Tj ET Q q 0 0 0 rg BT 283.00 218.45 Td (and ) Tj ET Q q 0 0 0 rg BT 300.50 218.45 Td (our ) Tj ET Q q 0 0 0 rg BT 315.99 218.45 Td (policies ) Tj ET Q q 0 0 0 rg BT 348.49 218.45 Td (need ) Tj ET Q q 0 0 0 rg BT 371.00 218.45 Td (to ) Tj ET Q q 0 0 0 rg BT 380.99 218.45 Td (be ) Tj ET Q q 0 0 0 rg BT 393.49 218.45 Td (instilled ) Tj ET Q q 0 0 0 rg BT 425.99 218.45 Td (across ) Tj ET Q q 0 0 0 rg BT 454.98 218.45 Td (newly ) Tj ET Q q 0 0 0 rg BT 480.48 218.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 517.49 218.45 Td (businesses ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 204.95 Td (as ) Tj ET Q q 0 0 0 rg BT 84.07 204.95 Td (well ) Tj ET Q q 0 0 0 rg BT 102.14 204.95 Td (as ) Tj ET Q q 0 0 0 rg BT 114.21 204.95 Td (maintained ) Tj ET Q q 0 0 0 rg BT 160.81 204.95 Td (within ) Tj ET Q q 0 0 0 rg BT 186.39 204.95 Td (our ) Tj ET Q q 0 0 0 rg BT 201.96 204.95 Td (existing ) Tj ET Q q 0 0 0 rg BT 235.04 204.95 Td (operations. ) Tj ET Q q 0 0 0 rg BT 281.97 204.95 Td (T) Tj ET Q q 0 0 0 rg BT 286.47 204.95 Td (o ) Tj ET Q q 0 0 0 rg BT 294.04 204.95 Td (ef) Tj ET Q q 0 0 0 rg BT 301.39 204.95 Td (fectively ) Tj ET Q q 0 0 0 rg BT 336.46 204.95 Td (communicate ) Tj ET Q q 0 0 0 rg BT 392.55 204.95 Td (and ) Tj ET Q q 0 0 0 rg BT 410.13 204.95 Td (manage ) Tj ET Q q 0 0 0 rg BT 445.22 204.95 Td (these ) Tj ET Q q 0 0 0 rg BT 469.81 204.95 Td (standards ) Tj ET Q q 0 0 0 rg BT 511.90 204.95 Td (throughout ) Tj ET Q q 0 0 0 rg BT 557.50 204.95 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 191.45 Td (large ) Tj ET Q q 0 0 0 rg BT 95.00 191.45 Td (global ) Tj ET Q q 0 0 0 rg BT 122.00 191.45 Td (organization ) Tj ET Q q 0 0 0 rg BT 174.02 191.45 Td (is ) Tj ET Q q 0 0 0 rg BT 183.50 191.45 Td (both ) Tj ET Q q 0 0 0 rg BT 204.00 191.45 Td (challenging ) Tj ET Q q 0 0 0 rg BT 252.52 191.45 Td (and ) Tj ET Q q 0 0 0 rg BT 270.52 191.45 Td (time ) Tj ET Q q 0 0 0 rg BT 290.50 191.45 Td (consuming. ) Tj ET Q q 0 0 0 rg BT 339.51 191.45 Td (Newly ) Tj ET Q q 0 0 0 rg BT 367.00 191.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 404.50 191.45 Td (businesses ) Tj ET Q q 0 0 0 rg BT 452.51 191.45 Td (may ) Tj ET Q q 0 0 0 rg BT 472.50 191.45 Td (be ) Tj ET Q q 0 0 0 rg BT 485.49 191.45 Td (resistant ) Tj ET Q q 0 0 0 rg BT 522.49 191.45 Td (to ) Tj ET Q q 0 0 0 rg BT 532.98 191.45 Td (change ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 177.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.50 177.95 Td (may ) Tj ET Q q 0 0 0 rg BT 108.99 177.95 Td (remain ) Tj ET Q q 0 0 0 rg BT 138.99 177.95 Td (attached ) Tj ET Q q 0 0 0 rg BT 176.00 177.95 Td (to ) Tj ET Q q 0 0 0 rg BT 185.99 177.95 Td (past ) Tj ET Q q 0 0 0 rg BT 205.49 177.95 Td (methods, ) Tj ET Q q 0 0 0 rg BT 244.99 177.95 Td (standards ) Tj ET Q q 0 0 0 rg BT 287.00 177.95 Td (and ) Tj ET Q q 0 0 0 rg BT 304.51 177.95 Td (practices ) Tj ET Q q 0 0 0 rg BT 343.00 177.95 Td (which ) Tj ET Q q 0 0 0 rg BT 368.50 177.95 Td (may ) Tj ET Q q 0 0 0 rg BT 387.99 177.95 Td (compromise ) Tj ET Q q 0 0 0 rg BT 439.49 177.95 Td (our ) Tj ET Q q 0 0 0 rg BT 454.98 177.95 Td (business ) Tj ET Q q 0 0 0 rg BT 492.99 177.95 Td (agility ) Tj ET Q q 0 0 0 rg BT 518.48 177.95 Td (in ) Tj ET Q q 0 0 0 rg BT 527.97 177.95 Td (pursuing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 164.45 Td (opportunities. ) Tj ET Q q 0 0 0 rg BT 127.82 164.45 Td (Cultural ) Tj ET Q q 0 0 0 rg BT 160.62 164.45 Td (dif) Tj ET Q q 0 0 0 rg BT 169.97 164.45 Td (ferences ) Tj ET Q q 0 0 0 rg BT 206.27 164.45 Td (in ) Tj ET Q q 0 0 0 rg BT 215.07 164.45 Td (various ) Tj ET Q q 0 0 0 rg BT 245.87 164.45 Td (countries ) Tj ET Q q 0 0 0 rg BT 284.18 164.45 Td (may ) Tj ET Q q 0 0 0 rg BT 302.97 164.45 Td (also ) Tj ET Q q 0 0 0 rg BT 321.27 164.45 Td (present ) Tj ET Q q 0 0 0 rg BT 353.07 164.45 Td (barriers ) Tj ET Q q 0 0 0 rg BT 385.37 164.45 Td (to ) Tj ET Q q 0 0 0 rg BT 394.66 164.45 Td (introducing ) Tj ET Q q 0 0 0 rg BT 440.48 164.45 Td (new ) Tj ET Q q 0 0 0 rg BT 458.78 164.45 Td (ideas ) Tj ET Q q 0 0 0 rg BT 482.08 164.45 Td (or ) Tj ET Q q 0 0 0 rg BT 491.88 164.45 Td (aligning ) Tj ET Q q 0 0 0 rg BT 524.69 164.45 Td (our ) Tj ET Q q 0 0 0 rg BT 539.49 164.45 Td (vision ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 150.95 Td (and ) Tj ET Q q 0 0 0 rg BT 88.61 150.95 Td (strategy ) Tj ET Q q 0 0 0 rg BT 122.21 150.95 Td (with ) Tj ET Q q 0 0 0 rg BT 139.81 150.95 Td (the ) Tj ET Q q 0 0 0 rg BT 153.91 150.95 Td (rest ) Tj ET Q q 0 0 0 rg BT 170.50 150.95 Td (of ) Tj ET Q q 0 0 0 rg BT 179.60 150.95 Td (the ) Tj ET Q q 0 0 0 rg BT 193.70 150.95 Td (organization. ) Tj ET Q q 0 0 0 rg BT 246.83 150.95 Td (If ) Tj ET Q q 0 0 0 rg BT 253.42 150.95 Td (we ) Tj ET Q q 0 0 0 rg BT 266.52 150.95 Td (cannot ) Tj ET Q q 0 0 0 rg BT 295.13 150.95 Td (overcome ) Tj ET Q q 0 0 0 rg BT 336.23 150.95 Td (these ) Tj ET Q q 0 0 0 rg BT 359.84 150.95 Td (obstacles ) Tj ET Q q 0 0 0 rg BT 399.45 150.95 Td (in ) Tj ET Q q 0 0 0 rg BT 408.05 150.95 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 455.67 150.95 Td (a ) Tj ET Q q 0 0 0 rg BT 462.27 150.95 Td (strategic ) Tj ET Q q 0 0 0 rg BT 497.87 150.95 Td (bond ) Tj ET Q q 0 0 0 rg BT 519.48 150.95 Td (throughout ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 137.45 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 137.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 128.03 137.45 Td (worldwide, ) Tj ET Q q 0 0 0 rg BT 173.05 137.45 Td (we ) Tj ET Q q 0 0 0 rg BT 187.05 137.45 Td (may ) Tj ET Q q 0 0 0 rg BT 206.56 137.45 Td (not ) Tj ET Q q 0 0 0 rg BT 221.57 137.45 Td (be ) Tj ET Q q 0 0 0 rg BT 234.08 137.45 Td (able ) Tj ET Q q 0 0 0 rg BT 253.60 137.45 Td (to ) Tj ET Q q 0 0 0 rg BT 263.60 137.45 Td (achieve ) Tj ET Q q 0 0 0 rg BT 297.12 137.45 Td (our ) Tj ET Q q 0 0 0 rg BT 312.63 137.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 342.15 137.45 Td (and ) Tj ET Q q 0 0 0 rg BT 359.66 137.45 Td (profitability ) Tj ET Q q 0 0 0 rg BT 405.18 137.45 Td (objectives.) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (41) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 688.166796875 m 192.7265625 688.166796875 l s q 0 0 0 rg BT 72.00 689.45 Td (T) Tj ET Q q 0 0 0 rg BT 76.67 689.45 Td (axes ) Tj ET Q q 0 0 0 rg BT 98.18 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 115.70 689.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 130.21 689.45 Td (credit ) Tj ET Q q 0 0 0 rg BT 154.71 689.45 Td (programs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 669.95 Td (In ) Tj ET Q q 0 0 0 rg BT 82.55 669.95 Td (estimating ) Tj ET Q q 0 0 0 rg BT 126.62 669.95 Td (our ) Tj ET Q q 0 0 0 rg BT 142.67 669.95 Td (income ) Tj ET Q q 0 0 0 rg BT 174.73 669.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 189.78 669.95 Td (payable, ) Tj ET Q q 0 0 0 rg BT 226.86 669.95 Td (management ) Tj ET Q q 0 0 0 rg BT 282.43 669.95 Td (uses ) Tj ET Q q 0 0 0 rg BT 304.49 669.95 Td (accounting ) Tj ET Q q 0 0 0 rg BT 351.07 669.95 Td (principles ) Tj ET Q q 0 0 0 rg BT 392.13 669.95 Td (to ) Tj ET Q q 0 0 0 rg BT 402.69 669.95 Td (determine ) Tj ET Q q 0 0 0 rg BT 445.75 669.95 Td (income ) Tj ET Q q 0 0 0 rg BT 477.81 669.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 492.86 669.95 Td (positions ) Tj ET Q q 0 0 0 rg BT 531.43 669.95 Td (that ) Tj ET Q q 0 0 0 rg BT 549.49 669.95 Td (are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 656.45 Td (likely ) Tj ET Q q 0 0 0 rg BT 94.33 656.45 Td (to ) Tj ET Q q 0 0 0 rg BT 104.15 656.45 Td (be ) Tj ET Q q 0 0 0 rg BT 116.49 656.45 Td (sustained ) Tj ET Q q 0 0 0 rg BT 157.34 656.45 Td (by ) Tj ET Q q 0 0 0 rg BT 169.16 656.45 Td (applicable ) Tj ET Q q 0 0 0 rg BT 212.02 656.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 226.35 656.45 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 272.69 656.45 Td (However) Tj ET Q q 0 0 0 rg BT 307.71 656.45 Td (, ) Tj ET Q q 0 0 0 rg BT 312.53 656.45 Td (there ) Tj ET Q q 0 0 0 rg BT 335.37 656.45 Td (is ) Tj ET Q q 0 0 0 rg BT 344.19 656.45 Td (no ) Tj ET Q q 0 0 0 rg BT 356.52 656.45 Td (assurance ) Tj ET Q q 0 0 0 rg BT 400.37 656.45 Td (that ) Tj ET Q q 0 0 0 rg BT 417.70 656.45 Td (our ) Tj ET Q q 0 0 0 rg BT 433.03 656.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 447.36 656.45 Td (benefits ) Tj ET Q q 0 0 0 rg BT 481.20 656.45 Td (or ) Tj ET Q q 0 0 0 rg BT 491.53 656.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 505.86 656.45 Td (liability ) Tj ET Q q 0 0 0 rg BT 535.19 656.45 Td (will ) Tj ET Q q 0 0 0 rg BT 550.01 656.45 Td (not ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 642.95 Td (materially ) Tj ET Q q 0 0 0 rg BT 112.01 642.95 Td (dif) Tj ET Q q 0 0 0 rg BT 121.35 642.95 Td (fer ) Tj ET Q q 0 0 0 rg BT 133.36 642.95 Td (from ) Tj ET Q q 0 0 0 rg BT 152.86 642.95 Td (our ) Tj ET Q q 0 0 0 rg BT 167.36 642.95 Td (estimates ) Tj ET Q q 0 0 0 rg BT 207.38 642.95 Td (or ) Tj ET Q q 0 0 0 rg BT 216.88 642.95 Td (expectations. ) Tj ET Q q 0 0 0 rg BT 271.32 642.95 Td (The ) Tj ET Q q 0 0 0 rg BT 288.33 642.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 301.83 642.95 Td (legislation, ) Tj ET Q q 0 0 0 rg BT 345.86 642.95 Td (regulation ) Tj ET Q q 0 0 0 rg BT 386.89 642.95 Td (and ) Tj ET Q q 0 0 0 rg BT 403.41 642.95 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 457.44 642.95 Td (that ) Tj ET Q q 0 0 0 rg BT 473.95 642.95 Td (apply ) Tj ET Q q 0 0 0 rg BT 496.97 642.95 Td (to ) Tj ET Q q 0 0 0 rg BT 505.97 642.95 Td (our ) Tj ET Q q 0 0 0 rg BT 520.48 642.95 Td (operations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 629.45 Td (are ) Tj ET Q q 0 0 0 rg BT 87.49 629.45 Td (continually ) Tj ET Q q 0 0 0 rg BT 132.50 629.45 Td (changing. ) Tj ET Q q 0 0 0 rg BT 174.01 629.45 Td (In ) Tj ET Q q 0 0 0 rg BT 184.00 629.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 220.51 629.45 Td (future ) Tj ET Q q 0 0 0 rg BT 246.00 629.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 260.49 629.45 Td (benefits ) Tj ET Q q 0 0 0 rg BT 294.50 629.45 Td (and ) Tj ET Q q 0 0 0 rg BT 311.99 629.45 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 348.49 629.45 Td (are ) Tj ET Q q 0 0 0 rg BT 363.98 629.45 Td (dependent ) Tj ET Q q 0 0 0 rg BT 409.00 629.45 Td (on ) Tj ET Q q 0 0 0 rg BT 421.50 629.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 450.99 629.45 Td (that ) Tj ET Q q 0 0 0 rg BT 468.48 629.45 Td (are ) Tj ET Q q 0 0 0 rg BT 483.97 629.45 Td (inherently ) Tj ET Q q 0 0 0 rg BT 525.48 629.45 Td (uncertain ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 615.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.45 615.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 120.39 615.95 Td (to ) Tj ET Q q 0 0 0 rg BT 130.33 615.95 Td (change, ) Tj ET Q q 0 0 0 rg BT 164.78 615.95 Td (including ) Tj ET Q q 0 0 0 rg BT 202.74 615.95 Td (future ) Tj ET Q q 0 0 0 rg BT 228.18 615.95 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 267.64 615.95 Td (future ) Tj ET Q q 0 0 0 rg BT 293.08 615.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 307.52 615.95 Td (rates, ) Tj ET Q q 0 0 0 rg BT 332.45 615.95 Td (and ) Tj ET Q q 0 0 0 rg BT 349.90 615.95 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 395.86 615.95 Td (business ) Tj ET Q q 0 0 0 rg BT 433.81 615.95 Td (mix ) Tj ET Q q 0 0 0 rg BT 450.24 615.95 Td (in ) Tj ET Q q 0 0 0 rg BT 459.67 615.95 Td (the ) Tj ET Q q 0 0 0 rg BT 474.61 615.95 Td (various ) Tj ET Q q 0 0 0 rg BT 506.06 615.95 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 555.50 615.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 602.45 Td (which ) Tj ET Q q 0 0 0 rg BT 96.56 602.45 Td (we ) Tj ET Q q 0 0 0 rg BT 109.61 602.45 Td (operate. ) Tj ET Q q 0 0 0 rg BT 144.18 602.45 Td (Moreover) Tj ET Q q 0 0 0 rg BT 181.70 602.45 Td (, ) Tj ET Q q 0 0 0 rg BT 185.75 602.45 Td (our ) Tj ET Q q 0 0 0 rg BT 200.31 602.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 213.86 602.45 Td (returns ) Tj ET Q q 0 0 0 rg BT 243.42 602.45 Td (are ) Tj ET Q q 0 0 0 rg BT 257.98 602.45 Td (continually ) Tj ET Q q 0 0 0 rg BT 302.05 602.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 332.11 602.45 Td (to ) Tj ET Q q 0 0 0 rg BT 341.17 602.45 Td (review ) Tj ET Q q 0 0 0 rg BT 368.72 602.45 Td (by ) Tj ET Q q 0 0 0 rg BT 379.78 602.45 Td (applicable ) Tj ET Q q 0 0 0 rg BT 421.86 602.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 435.41 602.45 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 480.88 602.45 Td (These ) Tj ET Q q 0 0 0 rg BT 507.44 602.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 521.00 602.45 Td (authorities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 588.95 Td (determine ) Tj ET Q q 0 0 0 rg BT 113.98 588.95 Td (the ) Tj ET Q q 0 0 0 rg BT 128.46 588.95 Td (actual ) Tj ET Q q 0 0 0 rg BT 154.43 588.95 Td (amounts ) Tj ET Q q 0 0 0 rg BT 190.92 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 200.38 588.95 Td (taxes ) Tj ET Q q 0 0 0 rg BT 223.86 588.95 Td (payable ) Tj ET Q q 0 0 0 rg BT 257.34 588.95 Td (or ) Tj ET Q q 0 0 0 rg BT 267.31 588.95 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 312.79 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 322.26 588.95 Td (any ) Tj ET Q q 0 0 0 rg BT 338.73 588.95 Td (future ) Tj ET Q q 0 0 0 rg BT 363.71 588.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 377.68 588.95 Td (benefits ) Tj ET Q q 0 0 0 rg BT 411.16 588.95 Td (or ) Tj ET Q q 0 0 0 rg BT 421.13 588.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 457.10 588.95 Td (and ) Tj ET Q q 0 0 0 rg BT 474.08 588.95 Td (of ) Tj ET Q q 0 0 0 rg BT 483.55 588.95 Td (income ) Tj ET Q q 0 0 0 rg BT 514.52 588.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 528.49 588.95 Td (expense ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 575.45 Td (that ) Tj ET Q q 0 0 0 rg BT 90.12 575.45 Td (we ) Tj ET Q q 0 0 0 rg BT 104.74 575.45 Td (may ) Tj ET Q q 0 0 0 rg BT 124.86 575.45 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 165.98 575.45 Td (recognize. ) Tj ET Q q 0 0 0 rg BT 210.62 575.45 Td (Such ) Tj ET Q q 0 0 0 rg BT 234.24 575.45 Td (determinations ) Tj ET Q q 0 0 0 rg BT 296.39 575.45 Td (may ) Tj ET Q q 0 0 0 rg BT 316.50 575.45 Td (become ) Tj ET Q q 0 0 0 rg BT 351.63 575.45 Td (final ) Tj ET Q q 0 0 0 rg BT 371.26 575.45 Td (and ) Tj ET Q q 0 0 0 rg BT 389.38 575.45 Td (binding ) Tj ET Q q 0 0 0 rg BT 421.52 575.45 Td (on ) Tj ET Q q 0 0 0 rg BT 434.65 575.45 Td (the ) Tj ET Q q 0 0 0 rg BT 450.27 575.45 Td (Company) Tj ET Q q 0 0 0 rg BT 488.12 575.45 Td (. ) Tj ET Q q 0 0 0 rg BT 493.11 575.45 Td (Any ) Tj ET Q q 0 0 0 rg BT 511.73 575.45 Td (of ) Tj ET Q q 0 0 0 rg BT 522.35 575.45 Td (the ) Tj ET Q q 0 0 0 rg BT 537.98 575.45 Td (above ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 561.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 101.67 561.95 Td (could ) Tj ET Q q 0 0 0 rg BT 125.85 561.95 Td (have ) Tj ET Q q 0 0 0 rg BT 148.03 561.95 Td (a ) Tj ET Q q 0 0 0 rg BT 155.69 561.95 Td (material ) Tj ET Q q 0 0 0 rg BT 190.36 561.95 Td (adverse ) Tj ET Q q 0 0 0 rg BT 225.04 561.95 Td (ef) Tj ET Q q 0 0 0 rg BT 232.39 561.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 249.56 561.95 Td (on ) Tj ET Q q 0 0 0 rg BT 262.23 561.95 Td (our ) Tj ET Q q 0 0 0 rg BT 277.90 561.95 Td (net ) Tj ET Q q 0 0 0 rg BT 293.07 561.95 Td (income ) Tj ET Q q 0 0 0 rg BT 324.74 561.95 Td (or ) Tj ET Q q 0 0 0 rg BT 335.41 561.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 357.08 561.95 Td (flow ) Tj ET Q q 0 0 0 rg BT 375.75 561.95 Td (by ) Tj ET Q q 0 0 0 rg BT 387.91 561.95 Td (af) Tj ET Q q 0 0 0 rg BT 395.26 561.95 Td (fecting ) Tj ET Q q 0 0 0 rg BT 424.44 561.95 Td (our ) Tj ET Q q 0 0 0 rg BT 440.10 561.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 484.80 561.95 Td (and ) Tj ET Q q 0 0 0 rg BT 502.47 561.95 Td (profitability) Tj ET Q q 0 0 0 rg BT 544.82 561.95 Td (, ) Tj ET Q q 0 0 0 rg BT 549.99 561.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 548.45 Td (availability ) Tj ET Q q 0 0 0 rg BT 116.53 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 127.05 548.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 142.07 548.45 Td (credits, ) Tj ET Q q 0 0 0 rg BT 174.09 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 189.62 548.45 Td (cost ) Tj ET Q q 0 0 0 rg BT 209.14 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 219.65 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 235.18 548.45 Td (services ) Tj ET Q q 0 0 0 rg BT 271.20 548.45 Td (we ) Tj ET Q q 0 0 0 rg BT 285.72 548.45 Td (provide, ) Tj ET Q q 0 0 0 rg BT 320.75 548.45 Td (and ) Tj ET Q q 0 0 0 rg BT 338.78 548.45 Td (the ) Tj ET Q q 0 0 0 rg BT 354.30 548.45 Td (availability ) Tj ET Q q 0 0 0 rg BT 398.84 548.45 Td (of ) Tj ET Q q 0 0 0 rg BT 409.35 548.45 Td (deductions ) Tj ET Q q 0 0 0 rg BT 455.90 548.45 Td (for ) Tj ET Q q 0 0 0 rg BT 469.42 548.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 509.96 548.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 538.48 548.45 Td (as ) Tj ET Q q 0 0 0 rg BT 551.00 548.45 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 534.95 Td (develop ) Tj ET Q q 0 0 0 rg BT 106.03 534.95 Td (our ) Tj ET Q q 0 0 0 rg BT 121.54 534.95 Td (international ) Tj ET Q q 0 0 0 rg BT 173.07 534.95 Td (service ) Tj ET Q q 0 0 0 rg BT 204.08 534.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 237.59 534.95 Td (capabilities.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 514.166796875 m 297.123046875 514.166796875 l s q 0 0 0 rg BT 72.00 515.45 Td (Benefits ) Tj ET Q q 0 0 0 rg BT 107.02 515.45 Td (obtained ) Tj ET Q q 0 0 0 rg BT 144.05 515.45 Td (from ) Tj ET Q q 0 0 0 rg BT 164.55 515.45 Td (government ) Tj ET Q q 0 0 0 rg BT 214.58 515.45 Td (sponsored ) Tj ET Q q 0 0 0 rg BT 259.11 515.45 Td (programs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 495.95 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 495.95 Td (e ) Tj ET Q q 0 0 0 rg BT 88.76 495.95 Td (benefit ) Tj ET Q q 0 0 0 rg BT 119.20 495.95 Td (from ) Tj ET Q q 0 0 0 rg BT 140.62 495.95 Td (government ) Tj ET Q q 0 0 0 rg BT 191.57 495.95 Td (sponsored ) Tj ET Q q 0 0 0 rg BT 237.02 495.95 Td (programs ) Tj ET Q q 0 0 0 rg BT 278.45 495.95 Td (designed ) Tj ET Q q 0 0 0 rg BT 318.41 495.95 Td (to ) Tj ET Q q 0 0 0 rg BT 329.33 495.95 Td (support ) Tj ET Q q 0 0 0 rg BT 362.77 495.95 Td (research ) Tj ET Q q 0 0 0 rg BT 401.21 495.95 Td (and ) Tj ET Q q 0 0 0 rg BT 419.65 495.95 Td (development, ) Tj ET Q q 0 0 0 rg BT 477.10 495.95 Td (labour ) Tj ET Q q 0 0 0 rg BT 505.54 495.95 Td (and ) Tj ET Q q 0 0 0 rg BT 523.98 495.95 Td (economic ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 482.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 101.93 482.45 Td (in ) Tj ET Q q 0 0 0 rg BT 111.85 482.45 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 161.79 482.45 Td (where ) Tj ET Q q 0 0 0 rg BT 189.22 482.45 Td (we ) Tj ET Q q 0 0 0 rg BT 203.64 482.45 Td (operate. ) Tj ET Q q 0 0 0 rg BT 239.58 482.45 Td (Government ) Tj ET Q q 0 0 0 rg BT 292.02 482.45 Td (programs ) Tj ET Q q 0 0 0 rg BT 332.95 482.45 Td (reflect ) Tj ET Q q 0 0 0 rg BT 360.37 482.45 Td (government ) Tj ET Q q 0 0 0 rg BT 410.82 482.45 Td (policy ) Tj ET Q q 0 0 0 rg BT 436.74 482.45 Td (and ) Tj ET Q q 0 0 0 rg BT 454.68 482.45 Td (depend ) Tj ET Q q 0 0 0 rg BT 487.63 482.45 Td (on ) Tj ET Q q 0 0 0 rg BT 500.55 482.45 Td (various ) Tj ET Q q 0 0 0 rg BT 532.48 482.45 Td (political ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 468.95 Td (and ) Tj ET Q q 0 0 0 rg BT 88.61 468.95 Td (economic ) Tj ET Q q 0 0 0 rg BT 128.73 468.95 Td (factors. ) Tj ET Q q 0 0 0 rg BT 159.73 468.95 Td (There ) Tj ET Q q 0 0 0 rg BT 184.84 468.95 Td (can ) Tj ET Q q 0 0 0 rg BT 200.95 468.95 Td (be ) Tj ET Q q 0 0 0 rg BT 212.55 468.95 Td (no ) Tj ET Q q 0 0 0 rg BT 224.16 468.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 267.28 468.95 Td (that ) Tj ET Q q 0 0 0 rg BT 283.89 468.95 Td (such ) Tj ET Q q 0 0 0 rg BT 304.50 468.95 Td (government ) Tj ET Q q 0 0 0 rg BT 353.62 468.95 Td (programs ) Tj ET Q q 0 0 0 rg BT 393.23 468.95 Td (will ) Tj ET Q q 0 0 0 rg BT 407.33 468.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 442.95 468.95 Td (to ) Tj ET Q q 0 0 0 rg BT 452.06 468.95 Td (be ) Tj ET Q q 0 0 0 rg BT 463.66 468.95 Td (available ) Tj ET Q q 0 0 0 rg BT 500.79 468.95 Td (to ) Tj ET Q q 0 0 0 rg BT 509.89 468.95 Td (the ) Tj ET Q q 0 0 0 rg BT 524.00 468.95 Td (Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 455.45 Td (in ) Tj ET Q q 0 0 0 rg BT 82.02 455.45 Td (the ) Tj ET Q q 0 0 0 rg BT 97.56 455.45 Td (future, ) Tj ET Q q 0 0 0 rg BT 126.09 455.45 Td (or ) Tj ET Q q 0 0 0 rg BT 137.11 455.45 Td (will ) Tj ET Q q 0 0 0 rg BT 152.63 455.45 Td (not ) Tj ET Q q 0 0 0 rg BT 168.16 455.45 Td (be ) Tj ET Q q 0 0 0 rg BT 181.19 455.45 Td (reduced, ) Tj ET Q q 0 0 0 rg BT 219.23 455.45 Td (amended ) Tj ET Q q 0 0 0 rg BT 259.78 455.45 Td (or ) Tj ET Q q 0 0 0 rg BT 270.80 455.45 Td (eliminated. ) Tj ET Q q 0 0 0 rg BT 316.75 455.45 Td (Any ) Tj ET Q q 0 0 0 rg BT 335.28 455.45 Td (future ) Tj ET Q q 0 0 0 rg BT 361.31 455.45 Td (government ) Tj ET Q q 0 0 0 rg BT 411.86 455.45 Td (program ) Tj ET Q q 0 0 0 rg BT 448.39 455.45 Td (reductions ) Tj ET Q q 0 0 0 rg BT 492.93 455.45 Td (or ) Tj ET Q q 0 0 0 rg BT 503.95 455.45 Td (eliminations ) Tj ET Q q 0 0 0 rg BT 554.50 455.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 441.95 Td (other ) Tj ET Q q 0 0 0 rg BT 94.82 441.95 Td (amendments ) Tj ET Q q 0 0 0 rg BT 149.16 441.95 Td (to ) Tj ET Q q 0 0 0 rg BT 158.97 441.95 Td (the ) Tj ET Q q 0 0 0 rg BT 173.79 441.95 Td (tax ) Tj ET Q q 0 0 0 rg BT 188.11 441.95 Td (credit ) Tj ET Q q 0 0 0 rg BT 212.42 441.95 Td (programs ) Tj ET Q q 0 0 0 rg BT 252.74 441.95 Td (could ) Tj ET Q q 0 0 0 rg BT 276.57 441.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 312.90 441.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 352.73 441.95 Td (or ) Tj ET Q q 0 0 0 rg BT 363.04 441.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 391.37 441.95 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 445.21 441.95 Td (incurred ) Tj ET Q q 0 0 0 rg BT 480.04 441.95 Td (by ) Tj ET Q q 0 0 0 rg BT 491.85 441.95 Td (the ) Tj ET Q q 0 0 0 rg BT 506.67 441.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 547.50 441.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 428.45 Td (have ) Tj ET Q q 0 0 0 rg BT 94.02 428.45 Td (a ) Tj ET Q q 0 0 0 rg BT 101.52 428.45 Td (material ) Tj ET Q q 0 0 0 rg BT 136.03 428.45 Td (adverse ) Tj ET Q q 0 0 0 rg BT 170.55 428.45 Td (ef) Tj ET Q q 0 0 0 rg BT 177.90 428.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 194.90 428.45 Td (on ) Tj ET Q q 0 0 0 rg BT 207.41 428.45 Td (its ) Tj ET Q q 0 0 0 rg BT 218.91 428.45 Td (net ) Tj ET Q q 0 0 0 rg BT 233.93 428.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 270.95 428.45 Td (or ) Tj ET Q q 0 0 0 rg BT 281.45 428.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 302.96 428.45 Td (flow) Tj ET Q q 0 0 0 rg BT 318.47 428.45 Td (. ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 404.666796875 m 341.11669921875 404.666796875 l s q 0 0 0 rg BT 72.00 405.95 Td (Credit ) Tj ET Q q 0 0 0 rg BT 98.51 405.95 Td (risk ) Tj ET Q q 0 0 0 rg BT 115.00 405.95 Td (with ) Tj ET Q q 0 0 0 rg BT 133.51 405.95 Td (respect ) Tj ET Q q 0 0 0 rg BT 165.52 405.95 Td (to ) Tj ET Q q 0 0 0 rg BT 175.53 405.95 Td (accounts ) Tj ET Q q 0 0 0 rg BT 214.05 405.95 Td (receivable ) Tj ET Q q 0 0 0 rg BT 257.58 405.95 Td (and ) Tj ET Q q 0 0 0 rg BT 275.09 405.95 Td (work ) Tj ET Q q 0 0 0 rg BT 296.60 405.95 Td (in ) Tj ET Q q 0 0 0 rg BT 306.10 405.95 Td (progress) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 386.45 Td (In ) Tj ET Q q 0 0 0 rg BT 81.73 386.45 Td (order ) Tj ET Q q 0 0 0 rg BT 104.97 386.45 Td (to ) Tj ET Q q 0 0 0 rg BT 114.71 386.45 Td (sustain ) Tj ET Q q 0 0 0 rg BT 145.45 386.45 Td (our ) Tj ET Q q 0 0 0 rg BT 160.69 386.45 Td (net ) Tj ET Q q 0 0 0 rg BT 175.43 386.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 212.18 386.45 Td (and ) Tj ET Q q 0 0 0 rg BT 229.42 386.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 250.66 386.45 Td (flow ) Tj ET Q q 0 0 0 rg BT 268.89 386.45 Td (from ) Tj ET Q q 0 0 0 rg BT 289.12 386.45 Td (operations, ) Tj ET Q q 0 0 0 rg BT 335.88 386.45 Td (we ) Tj ET Q q 0 0 0 rg BT 349.61 386.45 Td (must ) Tj ET Q q 0 0 0 rg BT 371.34 386.45 Td (invoice ) Tj ET Q q 0 0 0 rg BT 401.59 386.45 Td (and ) Tj ET Q q 0 0 0 rg BT 418.83 386.45 Td (collect ) Tj ET Q q 0 0 0 rg BT 446.57 386.45 Td (the ) Tj ET Q q 0 0 0 rg BT 461.31 386.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 498.05 386.45 Td (owed ) Tj ET Q q 0 0 0 rg BT 521.80 386.45 Td (to ) Tj ET Q q 0 0 0 rg BT 531.53 386.45 Td (us ) Tj ET Q q 0 0 0 rg BT 543.27 386.45 Td (in ) Tj ET Q q 0 0 0 rg BT 552.50 386.45 Td (an ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 372.95 Td (ef) Tj ET Q q 0 0 0 rg BT 79.34 372.95 Td (ficient ) Tj ET Q q 0 0 0 rg BT 105.57 372.95 Td (and ) Tj ET Q q 0 0 0 rg BT 123.30 372.95 Td (timely ) Tj ET Q q 0 0 0 rg BT 149.52 372.95 Td (manner) Tj ET Q q 0 0 0 rg BT 179.54 372.95 Td (. ) Tj ET Q q 0 0 0 rg BT 184.22 372.95 Td (Although ) Tj ET Q q 0 0 0 rg BT 222.47 372.95 Td (we ) Tj ET Q q 0 0 0 rg BT 236.69 372.95 Td (maintain ) Tj ET Q q 0 0 0 rg BT 273.42 372.95 Td (provisions ) Tj ET Q q 0 0 0 rg BT 316.66 372.95 Td (to ) Tj ET Q q 0 0 0 rg BT 326.88 372.95 Td (account ) Tj ET Q q 0 0 0 rg BT 361.12 372.95 Td (for ) Tj ET Q q 0 0 0 rg BT 374.34 372.95 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 420.59 372.95 Td (shortfalls ) Tj ET Q q 0 0 0 rg BT 459.32 372.95 Td (in ) Tj ET Q q 0 0 0 rg BT 469.04 372.95 Td (amounts ) Tj ET Q q 0 0 0 rg BT 506.27 372.95 Td (collected ) Tj ET Q q 0 0 0 rg BT 544.51 372.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 359.45 Td (clients, ) Tj ET Q q 0 0 0 rg BT 102.57 359.45 Td (the ) Tj ET Q q 0 0 0 rg BT 117.65 359.45 Td (provisions ) Tj ET Q q 0 0 0 rg BT 160.73 359.45 Td (we ) Tj ET Q q 0 0 0 rg BT 174.80 359.45 Td (take ) Tj ET Q q 0 0 0 rg BT 194.38 359.45 Td (are ) Tj ET Q q 0 0 0 rg BT 209.95 359.45 Td (based ) Tj ET Q q 0 0 0 rg BT 237.03 359.45 Td (on ) Tj ET Q q 0 0 0 rg BT 249.61 359.45 Td (management ) Tj ET Q q 0 0 0 rg BT 304.70 359.45 Td (estimates ) Tj ET Q q 0 0 0 rg BT 345.78 359.45 Td (and ) Tj ET Q q 0 0 0 rg BT 363.36 359.45 Td (on ) Tj ET Q q 0 0 0 rg BT 375.94 359.45 Td (our ) Tj ET Q q 0 0 0 rg BT 391.51 359.45 Td (assessment ) Tj ET Q q 0 0 0 rg BT 442.09 359.45 Td (of ) Tj ET Q q 0 0 0 rg BT 452.16 359.45 Td (our ) Tj ET Q q 0 0 0 rg BT 467.73 359.45 Td (clients) Tj ET Q q 0 0 0 rg BT 494.91 359.45 Td ( ) Tj ET Q q 0 0 0 rg BT 497.47 359.45 Td (creditworthiness ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 345.95 Td (which ) Tj ET Q q 0 0 0 rg BT 97.05 345.95 Td (may ) Tj ET Q q 0 0 0 rg BT 116.09 345.95 Td (prove ) Tj ET Q q 0 0 0 rg BT 140.64 345.95 Td (to ) Tj ET Q q 0 0 0 rg BT 150.18 345.95 Td (be ) Tj ET Q q 0 0 0 rg BT 162.23 345.95 Td (inadequate ) Tj ET Q q 0 0 0 rg BT 208.81 345.95 Td (in ) Tj ET Q q 0 0 0 rg BT 217.85 345.95 Td (the ) Tj ET Q q 0 0 0 rg BT 232.40 345.95 Td (light ) Tj ET Q q 0 0 0 rg BT 250.95 345.95 Td (of ) Tj ET Q q 0 0 0 rg BT 260.49 345.95 Td (actual ) Tj ET Q q 0 0 0 rg BT 286.55 345.95 Td (results. ) Tj ET Q q 0 0 0 rg BT 317.46 345.95 Td (T) Tj ET Q q 0 0 0 rg BT 321.96 345.95 Td (o ) Tj ET Q q 0 0 0 rg BT 329.00 345.95 Td (the ) Tj ET Q q 0 0 0 rg BT 343.55 345.95 Td (extent ) Tj ET Q q 0 0 0 rg BT 370.11 345.95 Td (that ) Tj ET Q q 0 0 0 rg BT 387.16 345.95 Td (we ) Tj ET Q q 0 0 0 rg BT 400.70 345.95 Td (fail ) Tj ET Q q 0 0 0 rg BT 414.24 345.95 Td (to ) Tj ET Q q 0 0 0 rg BT 423.78 345.95 Td (perform ) Tj ET Q q 0 0 0 rg BT 456.83 345.95 Td (our ) Tj ET Q q 0 0 0 rg BT 471.88 345.95 Td (services ) Tj ET Q q 0 0 0 rg BT 506.92 345.95 Td (in ) Tj ET Q q 0 0 0 rg BT 515.96 345.95 Td (accordance ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 332.45 Td (with ) Tj ET Q q 0 0 0 rg BT 90.53 332.45 Td (our ) Tj ET Q q 0 0 0 rg BT 106.07 332.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 145.11 332.45 Td (and ) Tj ET Q q 0 0 0 rg BT 162.65 332.45 Td (our ) Tj ET Q q 0 0 0 rg BT 178.19 332.45 Td (clients) Tj ET Q q 0 0 0 rg BT 205.36 332.45 Td ( ) Tj ET Q q 0 0 0 rg BT 207.89 332.45 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 254.95 332.45 Td (expectations, ) Tj ET Q q 0 0 0 rg BT 310.51 332.45 Td (and ) Tj ET Q q 0 0 0 rg BT 328.06 332.45 Td (to ) Tj ET Q q 0 0 0 rg BT 338.09 332.45 Td (the ) Tj ET Q q 0 0 0 rg BT 353.13 332.45 Td (extent ) Tj ET Q q 0 0 0 rg BT 380.17 332.45 Td (that ) Tj ET Q q 0 0 0 rg BT 397.71 332.45 Td (we ) Tj ET Q q 0 0 0 rg BT 411.74 332.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 425.78 332.45 Td (to ) Tj ET Q q 0 0 0 rg BT 435.81 332.45 Td (invoice ) Tj ET Q q 0 0 0 rg BT 466.35 332.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 494.39 332.45 Td (and ) Tj ET Q q 0 0 0 rg BT 511.93 332.45 Td (to ) Tj ET Q q 0 0 0 rg BT 521.97 332.45 Td (collect ) Tj ET Q q 0 0 0 rg BT 550.00 332.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 318.95 Td (amounts ) Tj ET Q q 0 0 0 rg BT 108.28 318.95 Td (owed ) Tj ET Q q 0 0 0 rg BT 131.56 318.95 Td (to ) Tj ET Q q 0 0 0 rg BT 140.82 318.95 Td (the ) Tj ET Q q 0 0 0 rg BT 155.09 318.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 195.37 318.95 Td (for ) Tj ET Q q 0 0 0 rg BT 207.64 318.95 Td (our ) Tj ET Q q 0 0 0 rg BT 222.41 318.95 Td (services ) Tj ET Q q 0 0 0 rg BT 257.17 318.95 Td (correctly ) Tj ET Q q 0 0 0 rg BT 292.94 318.95 Td (in ) Tj ET Q q 0 0 0 rg BT 301.71 318.95 Td (a ) Tj ET Q q 0 0 0 rg BT 308.47 318.95 Td (timely ) Tj ET Q q 0 0 0 rg BT 333.73 318.95 Td (manner) Tj ET Q q 0 0 0 rg BT 363.75 318.95 Td (, ) Tj ET Q q 0 0 0 rg BT 368.01 318.95 Td (our ) Tj ET Q q 0 0 0 rg BT 382.78 318.95 Td (collections ) Tj ET Q q 0 0 0 rg BT 426.56 318.95 Td (could ) Tj ET Q q 0 0 0 rg BT 449.84 318.95 Td (suf) Tj ET Q q 0 0 0 rg BT 461.68 318.95 Td (fer) Tj ET Q q 0 0 0 rg BT 471.69 318.95 Td (, ) Tj ET Q q 0 0 0 rg BT 475.95 318.95 Td (which ) Tj ET Q q 0 0 0 rg BT 500.72 318.95 Td (could ) Tj ET Q q 0 0 0 rg BT 524.00 318.95 Td (materially ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 305.45 Td (adversely ) Tj ET Q q 0 0 0 rg BT 113.12 305.45 Td (af) Tj ET Q q 0 0 0 rg BT 120.47 305.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 137.58 305.45 Td (our ) Tj ET Q q 0 0 0 rg BT 153.19 305.45 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 190.82 305.45 Td (net ) Tj ET Q q 0 0 0 rg BT 205.93 305.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 243.06 305.45 Td (and ) Tj ET Q q 0 0 0 rg BT 260.68 305.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 282.30 305.45 Td (flow) Tj ET Q q 0 0 0 rg BT 297.81 305.45 Td (. ) Tj ET Q q 0 0 0 rg BT 302.91 305.45 Td (In ) Tj ET Q q 0 0 0 rg BT 313.02 305.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 349.65 305.45 Td (a ) Tj ET Q q 0 0 0 rg BT 357.26 305.45 Td (prolonged ) Tj ET Q q 0 0 0 rg BT 399.90 305.45 Td (economic ) Tj ET Q q 0 0 0 rg BT 441.02 305.45 Td (downturn ) Tj ET Q q 0 0 0 rg BT 480.65 305.45 Td (may ) Tj ET Q q 0 0 0 rg BT 500.26 305.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 526.88 305.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 554.99 305.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 291.95 Td (curtail ) Tj ET Q q 0 0 0 rg BT 97.75 291.95 Td (or ) Tj ET Q q 0 0 0 rg BT 107.49 291.95 Td (defer ) Tj ET Q q 0 0 0 rg BT 129.74 291.95 Td (projects, ) Tj ET Q q 0 0 0 rg BT 165.49 291.95 Td (impair ) Tj ET Q q 0 0 0 rg BT 191.73 291.95 Td (their ) Tj ET Q q 0 0 0 rg BT 210.98 291.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 235.73 291.95 Td (to ) Tj ET Q q 0 0 0 rg BT 244.97 291.95 Td (pay ) Tj ET Q q 0 0 0 rg BT 261.22 291.95 Td (for ) Tj ET Q q 0 0 0 rg BT 273.47 291.95 Td (services ) Tj ET Q q 0 0 0 rg BT 308.21 291.95 Td (already ) Tj ET Q q 0 0 0 rg BT 339.47 291.95 Td (provided, ) Tj ET Q q 0 0 0 rg BT 378.23 291.95 Td (and ) Tj ET Q q 0 0 0 rg BT 394.99 291.95 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 434.74 291.95 Td (cause ) Tj ET Q q 0 0 0 rg BT 460.49 291.95 Td (them ) Tj ET Q q 0 0 0 rg BT 482.24 291.95 Td (to ) Tj ET Q q 0 0 0 rg BT 491.48 291.95 Td (default ) Tj ET Q q 0 0 0 rg BT 520.25 291.95 Td (on ) Tj ET Q q 0 0 0 rg BT 531.99 291.95 Td (existing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 278.45 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 113.52 278.45 Td (in ) Tj ET Q q 0 0 0 rg BT 123.02 278.45 Td (each ) Tj ET Q q 0 0 0 rg BT 145.04 278.45 Td (case, ) Tj ET Q q 0 0 0 rg BT 169.05 278.45 Td (causing ) Tj ET Q q 0 0 0 rg BT 202.57 278.45 Td (a ) Tj ET Q q 0 0 0 rg BT 210.08 278.45 Td (shortfall ) Tj ET Q q 0 0 0 rg BT 244.09 278.45 Td (in ) Tj ET Q q 0 0 0 rg BT 253.60 278.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 288.62 278.45 Td (and ) Tj ET Q q 0 0 0 rg BT 306.14 278.45 Td (impairing ) Tj ET Q q 0 0 0 rg BT 345.15 278.45 Td (our ) Tj ET Q q 0 0 0 rg BT 360.66 278.45 Td (future ) Tj ET Q q 0 0 0 rg BT 386.17 278.45 Td (prospects.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 254.66679687500005 m 565.00244140625 254.66679687500005 l s q 0 0 0 rg BT 72.00 255.95 Td (Material ) Tj ET Q q 0 0 0 rg BT 107.49 255.95 Td (developments ) Tj ET Q q 0 0 0 rg BT 167.01 255.95 Td (regarding ) Tj ET Q q 0 0 0 rg BT 208.52 255.95 Td (major ) Tj ET Q q 0 0 0 rg BT 234.51 255.95 Td (commercial ) Tj ET Q q 0 0 0 rg BT 284.00 255.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 313.00 255.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 350.50 255.95 Td (from ) Tj ET Q q 0 0 0 rg BT 371.98 255.95 Td (such ) Tj ET Q q 0 0 0 rg BT 394.48 255.95 Td (causes ) Tj ET Q q 0 0 0 rg BT 426.48 255.95 Td (as ) Tj ET Q q 0 0 0 rg BT 439.47 255.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 476.98 255.95 Td (in ) Tj ET Q q 0 0 0 rg BT 487.47 255.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 523.98 255.95 Td (condition, ) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 241.16679687500005 m 203.05810546875 241.16679687500005 l s q 0 0 0 rg BT 72.00 242.45 Td (mergers ) Tj ET Q q 0 0 0 rg BT 107.51 242.45 Td (or ) Tj ET Q q 0 0 0 rg BT 118.01 242.45 Td (business ) Tj ET Q q 0 0 0 rg BT 156.03 242.45 Td (acquisitions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 222.95 Td (Consolidation ) Tj ET Q q 0 0 0 rg BT 128.69 222.95 Td (among ) Tj ET Q q 0 0 0 rg BT 158.36 222.95 Td (our ) Tj ET Q q 0 0 0 rg BT 173.52 222.95 Td (clients ) Tj ET Q q 0 0 0 rg BT 201.19 222.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 237.36 222.95 Td (from ) Tj ET Q q 0 0 0 rg BT 257.51 222.95 Td (mergers ) Tj ET Q q 0 0 0 rg BT 292.67 222.95 Td (and ) Tj ET Q q 0 0 0 rg BT 309.84 222.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 359.02 222.95 Td (may ) Tj ET Q q 0 0 0 rg BT 378.18 222.95 Td (result ) Tj ET Q q 0 0 0 rg BT 402.34 222.95 Td (in ) Tj ET Q q 0 0 0 rg BT 411.50 222.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 429.66 222.95 Td (or ) Tj ET Q q 0 0 0 rg BT 439.82 222.95 Td (reduction ) Tj ET Q q 0 0 0 rg BT 478.99 222.95 Td (of ) Tj ET Q q 0 0 0 rg BT 488.65 222.95 Td (business ) Tj ET Q q 0 0 0 rg BT 526.33 222.95 Td (when ) Tj ET Q q 0 0 0 rg BT 550.00 222.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 209.45 Td (successor ) Tj ET Q q 0 0 0 rg BT 116.16 209.45 Td (business) Tj ET Q q 0 0 0 rg BT 153.34 209.45 Td ( ) Tj ET Q q 0 0 0 rg BT 156.99 209.45 Td (IT) Tj ET Q q 0 0 0 rg BT 164.82 209.45 Td ( ) Tj ET Q q 0 0 0 rg BT 168.46 209.45 Td (needs ) Tj ET Q q 0 0 0 rg BT 196.63 209.45 Td (are ) Tj ET Q q 0 0 0 rg BT 213.28 209.45 Td (served ) Tj ET Q q 0 0 0 rg BT 243.94 209.45 Td (by ) Tj ET Q q 0 0 0 rg BT 257.08 209.45 Td (another ) Tj ET Q q 0 0 0 rg BT 291.25 209.45 Td (service ) Tj ET Q q 0 0 0 rg BT 323.40 209.45 Td (provider ) Tj ET Q q 0 0 0 rg BT 359.56 209.45 Td (or ) Tj ET Q q 0 0 0 rg BT 371.21 209.45 Td (are ) Tj ET Q q 0 0 0 rg BT 387.86 209.45 Td (provided ) Tj ET Q q 0 0 0 rg BT 426.02 209.45 Td (by ) Tj ET Q q 0 0 0 rg BT 439.17 209.45 Td (the ) Tj ET Q q 0 0 0 rg BT 455.33 209.45 Td (successor ) Tj ET Q q 0 0 0 rg BT 499.48 209.45 Td (company) Tj ET Q q 0 0 0 rg BT 537.84 209.45 Td (s ) Tj ET Q q 0 0 0 rg BT 545.98 209.45 Td (own ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 195.95 Td (personnel. ) Tj ET Q q 0 0 0 rg BT 115.92 195.95 Td (Growth ) Tj ET Q q 0 0 0 rg BT 146.81 195.95 Td (in ) Tj ET Q q 0 0 0 rg BT 155.71 195.95 Td (a ) Tj ET Q q 0 0 0 rg BT 162.60 195.95 Td (client) Tj ET Q q 0 0 0 rg BT 185.45 195.95 Td (s ) Tj ET Q q 0 0 0 rg BT 191.83 195.95 Td (IT) Tj ET Q q 0 0 0 rg BT 199.67 195.95 Td ( ) Tj ET Q q 0 0 0 rg BT 201.56 195.95 Td (needs ) Tj ET Q q 0 0 0 rg BT 227.97 195.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 263.87 195.95 Td (from ) Tj ET Q q 0 0 0 rg BT 283.76 195.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 332.67 195.95 Td (or ) Tj ET Q q 0 0 0 rg BT 342.56 195.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 386.48 195.95 Td (may ) Tj ET Q q 0 0 0 rg BT 405.37 195.95 Td (mean ) Tj ET Q q 0 0 0 rg BT 429.77 195.95 Td (that ) Tj ET Q q 0 0 0 rg BT 446.67 195.95 Td (we ) Tj ET Q q 0 0 0 rg BT 460.06 195.95 Td (no ) Tj ET Q q 0 0 0 rg BT 471.96 195.95 Td (longer ) Tj ET Q q 0 0 0 rg BT 498.87 195.95 Td (have ) Tj ET Q q 0 0 0 rg BT 520.27 195.95 Td (a ) Tj ET Q q 0 0 0 rg BT 527.16 195.95 Td (suf) Tj ET Q q 0 0 0 rg BT 539.01 195.95 Td (ficient ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 182.45 Td (geographic ) Tj ET Q q 0 0 0 rg BT 119.23 182.45 Td (scope ) Tj ET Q q 0 0 0 rg BT 145.94 182.45 Td (or ) Tj ET Q q 0 0 0 rg BT 156.64 182.45 Td (the ) Tj ET Q q 0 0 0 rg BT 171.85 182.45 Td (critical ) Tj ET Q q 0 0 0 rg BT 200.04 182.45 Td (mass ) Tj ET Q q 0 0 0 rg BT 224.24 182.45 Td (to ) Tj ET Q q 0 0 0 rg BT 234.44 182.45 Td (serve ) Tj ET Q q 0 0 0 rg BT 259.15 182.45 Td (the ) Tj ET Q q 0 0 0 rg BT 274.35 182.45 Td (client) Tj ET Q q 0 0 0 rg BT 297.20 182.45 Td (s ) Tj ET Q q 0 0 0 rg BT 304.40 182.45 Td (needs ) Tj ET Q q 0 0 0 rg BT 331.62 182.45 Td (ef) Tj ET Q q 0 0 0 rg BT 338.96 182.45 Td (ficiently) Tj ET Q q 0 0 0 rg BT 368.30 182.45 Td (, ) Tj ET Q q 0 0 0 rg BT 373.50 182.45 Td (resulting ) Tj ET Q q 0 0 0 rg BT 410.21 182.45 Td (in ) Tj ET Q q 0 0 0 rg BT 419.91 182.45 Td (the ) Tj ET Q q 0 0 0 rg BT 435.12 182.45 Td (loss ) Tj ET Q q 0 0 0 rg BT 453.82 182.45 Td (of ) Tj ET Q q 0 0 0 rg BT 464.02 182.45 Td (the ) Tj ET Q q 0 0 0 rg BT 479.23 182.45 Td (client) Tj ET Q q 0 0 0 rg BT 502.08 182.45 Td (s ) Tj ET Q q 0 0 0 rg BT 509.27 182.45 Td (business ) Tj ET Q q 0 0 0 rg BT 547.49 182.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 168.95 Td (impairing ) Tj ET Q q 0 0 0 rg BT 110.44 168.95 Td (our ) Tj ET Q q 0 0 0 rg BT 125.37 168.95 Td (future ) Tj ET Q q 0 0 0 rg BT 150.30 168.95 Td (prospects. ) Tj ET Q q 0 0 0 rg BT 193.62 168.95 Td (There ) Tj ET Q q 0 0 0 rg BT 219.06 168.95 Td (can ) Tj ET Q q 0 0 0 rg BT 235.49 168.95 Td (be ) Tj ET Q q 0 0 0 rg BT 247.42 168.95 Td (no ) Tj ET Q q 0 0 0 rg BT 259.36 168.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 302.80 168.95 Td (that ) Tj ET Q q 0 0 0 rg BT 319.74 168.95 Td (we ) Tj ET Q q 0 0 0 rg BT 333.17 168.95 Td (will ) Tj ET Q q 0 0 0 rg BT 347.59 168.95 Td (be ) Tj ET Q q 0 0 0 rg BT 359.52 168.95 Td (able ) Tj ET Q q 0 0 0 rg BT 378.46 168.95 Td (to ) Tj ET Q q 0 0 0 rg BT 387.89 168.95 Td (achieve ) Tj ET Q q 0 0 0 rg BT 420.83 168.95 Td (the ) Tj ET Q q 0 0 0 rg BT 435.27 168.95 Td (objectives ) Tj ET Q q 0 0 0 rg BT 477.21 168.95 Td (of ) Tj ET Q q 0 0 0 rg BT 486.64 168.95 Td (our ) Tj ET Q q 0 0 0 rg BT 501.57 168.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 530.50 168.95 Td (strategy ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 81.51 155.45 Td (order ) Tj ET Q q 0 0 0 rg BT 105.02 155.45 Td (to ) Tj ET Q q 0 0 0 rg BT 115.02 155.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 151.54 155.45 Td (and ) Tj ET Q q 0 0 0 rg BT 169.06 155.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 205.58 155.45 Td (our ) Tj ET Q q 0 0 0 rg BT 221.08 155.45 Td (geographic ) Tj ET Q q 0 0 0 rg BT 268.12 155.45 Td (scope ) Tj ET Q q 0 0 0 rg BT 294.64 155.45 Td (and ) Tj ET Q q 0 0 0 rg BT 312.15 155.45 Td (critical ) Tj ET Q q 0 0 0 rg BT 340.15 155.45 Td (mass ) Tj ET Q q 0 0 0 rg BT 364.16 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 373.66 155.45 Td (our ) Tj ET Q q 0 0 0 rg BT 389.17 155.45 Td (targeted ) Tj ET Q q 0 0 0 rg BT 424.70 155.45 Td (markets.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 131.66679687500005 m 156.0234375 131.66679687500005 l s q 0 0 0 rg BT 72.00 132.95 Td (Early ) Tj ET Q q 0 0 0 rg BT 95.01 132.95 Td (termination ) Tj ET Q q 0 0 0 rg BT 142.03 132.95 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 113.45 Td (If ) Tj ET Q q 0 0 0 rg BT 80.25 113.45 Td (we ) Tj ET Q q 0 0 0 rg BT 95.01 113.45 Td (should ) Tj ET Q q 0 0 0 rg BT 124.78 113.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 139.54 113.45 Td (to ) Tj ET Q q 0 0 0 rg BT 150.29 113.45 Td (deliver ) Tj ET Q q 0 0 0 rg BT 180.06 113.45 Td (our ) Tj ET Q q 0 0 0 rg BT 196.32 113.45 Td (services ) Tj ET Q q 0 0 0 rg BT 232.58 113.45 Td (according ) Tj ET Q q 0 0 0 rg BT 274.85 113.45 Td (to ) Tj ET Q q 0 0 0 rg BT 285.61 113.45 Td (contractual ) Tj ET Q q 0 0 0 rg BT 332.88 113.45 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 386.16 113.45 Td (some ) Tj ET Q q 0 0 0 rg BT 411.42 113.45 Td (of ) Tj ET Q q 0 0 0 rg BT 422.18 113.45 Td (our ) Tj ET Q q 0 0 0 rg BT 438.44 113.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 467.20 113.45 Td (could ) Tj ET Q q 0 0 0 rg BT 491.97 113.45 Td (elect ) Tj ET Q q 0 0 0 rg BT 514.23 113.45 Td (to ) Tj ET Q q 0 0 0 rg BT 524.99 113.45 Td (terminate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 99.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 110.67 99.95 Td (before ) Tj ET Q q 0 0 0 rg BT 138.34 99.95 Td (their ) Tj ET Q q 0 0 0 rg BT 158.01 99.95 Td (agreed ) Tj ET Q q 0 0 0 rg BT 188.18 99.95 Td (expiry ) Tj ET Q q 0 0 0 rg BT 214.35 99.95 Td (date, ) Tj ET Q q 0 0 0 rg BT 236.52 99.95 Td (which ) Tj ET Q q 0 0 0 rg BT 261.68 99.95 Td (would ) Tj ET Q q 0 0 0 rg BT 287.35 99.95 Td (result ) Tj ET Q q 0 0 0 rg BT 311.52 99.95 Td (in ) Tj ET Q q 0 0 0 rg BT 320.67 99.95 Td (a ) Tj ET Q q 0 0 0 rg BT 327.83 99.95 Td (reduction ) Tj ET Q q 0 0 0 rg BT 367.01 99.95 Td (of ) Tj ET Q q 0 0 0 rg BT 376.67 99.95 Td (our ) Tj ET Q q 0 0 0 rg BT 391.84 99.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 428.52 99.95 Td (and ) Tj ET Q q 0 0 0 rg BT 445.69 99.95 Td (cash ) Tj ET Q q 0 0 0 rg BT 466.85 99.95 Td (flow ) Tj ET Q q 0 0 0 rg BT 485.01 99.95 Td (and ) Tj ET Q q 0 0 0 rg BT 502.18 99.95 Td (may ) Tj ET Q q 0 0 0 rg BT 521.34 99.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 550.00 99.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 86.45 Td (value ) Tj ET Q q 0 0 0 rg BT 97.74 86.45 Td (of ) Tj ET Q q 0 0 0 rg BT 109.46 86.45 Td (our ) Tj ET Q q 0 0 0 rg BT 126.69 86.45 Td (backlog ) Tj ET Q q 0 0 0 rg BT 161.93 86.45 Td (of ) Tj ET Q q 0 0 0 rg BT 173.66 86.45 Td (orders. ) Tj ET Q q 0 0 0 rg BT 205.89 86.45 Td (In ) Tj ET Q q 0 0 0 rg BT 217.61 86.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 255.86 86.45 Td (a ) Tj ET Q q 0 0 0 rg BT 265.09 86.45 Td (number ) Tj ET Q q 0 0 0 rg BT 299.82 86.45 Td (of ) Tj ET Q q 0 0 0 rg BT 311.55 86.45 Td (our ) Tj ET Q q 0 0 0 rg BT 328.78 86.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 379.53 86.45 Td (contractual ) Tj ET Q q 0 0 0 rg BT 427.77 86.45 Td (agreements ) Tj ET Q q 0 0 0 rg BT 479.52 86.45 Td (have ) Tj ET Q q 0 0 0 rg BT 503.25 86.45 Td (termination ) Tj ET Q q 0 0 0 rg BT 552.00 86.45 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 72.95 Td (convenience ) Tj ET Q q 0 0 0 rg BT 125.38 72.95 Td (and ) Tj ET Q q 0 0 0 rg BT 143.24 72.95 Td (change ) Tj ET Q q 0 0 0 rg BT 175.61 72.95 Td (of ) Tj ET Q q 0 0 0 rg BT 185.96 72.95 Td (control ) Tj ET Q q 0 0 0 rg BT 215.82 72.95 Td (clauses ) Tj ET Q q 0 0 0 rg BT 249.18 72.95 Td (according ) Tj ET Q q 0 0 0 rg BT 291.04 72.95 Td (to ) Tj ET Q q 0 0 0 rg BT 301.39 72.95 Td (which ) Tj ET Q q 0 0 0 rg BT 327.25 72.95 Td (a ) Tj ET Q q 0 0 0 rg BT 335.10 72.95 Td (change ) Tj ET Q q 0 0 0 rg BT 367.47 72.95 Td (in ) Tj ET Q q 0 0 0 rg BT 377.32 72.95 Td (the ) Tj ET Q q 0 0 0 rg BT 392.67 72.95 Td (client) Tj ET Q q 0 0 0 rg BT 415.52 72.95 Td (s ) Tj ET Q q 0 0 0 rg BT 422.86 72.95 Td (intentions ) Tj ET Q q 0 0 0 rg BT 464.23 72.95 Td (or ) Tj ET Q q 0 0 0 rg BT 475.08 72.95 Td (a ) Tj ET Q q 0 0 0 rg BT 482.93 72.95 Td (change ) Tj ET Q q 0 0 0 rg BT 515.30 72.95 Td (in ) Tj ET Q q 0 0 0 rg BT 525.15 72.95 Td (control ) Tj ET Q q 0 0 0 rg BT 555.00 72.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 59.45 Td (CGI ) Tj ET Q q 0 0 0 rg BT 90.69 59.45 Td (could ) Tj ET Q q 0 0 0 rg BT 114.89 59.45 Td (lead ) Tj ET Q q 0 0 0 rg BT 134.60 59.45 Td (to ) Tj ET Q q 0 0 0 rg BT 144.79 59.45 Td (a ) Tj ET Q q 0 0 0 rg BT 152.49 59.45 Td (termination ) Tj ET Q q 0 0 0 rg BT 199.69 59.45 Td (of ) Tj ET Q q 0 0 0 rg BT 209.89 59.45 Td (these ) Tj ET Q q 0 0 0 rg BT 234.59 59.45 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 287.31 59.45 Td (Early ) Tj ET Q q 0 0 0 rg BT 310.50 59.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 345.21 59.45 Td (termination ) Tj ET Q q 0 0 0 rg BT 392.42 59.45 Td (can ) Tj ET Q q 0 0 0 rg BT 409.61 59.45 Td (also ) Tj ET Q q 0 0 0 rg BT 428.81 59.45 Td (result ) Tj ET Q q 0 0 0 rg BT 453.51 59.45 Td (from ) Tj ET Q q 0 0 0 rg BT 474.20 59.45 Td (the ) Tj ET Q q 0 0 0 rg BT 489.40 59.45 Td (exercise ) Tj ET Q q 0 0 0 rg BT 525.60 59.45 Td (of ) Tj ET Q q 0 0 0 rg BT 535.79 59.45 Td (a ) Tj ET Q q 0 0 0 rg BT 543.49 59.45 Td (legal ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (42) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (right ) Tj ET Q q 0 0 0 rg BT 91.20 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 100.89 708.95 Td (when ) Tj ET Q q 0 0 0 rg BT 124.09 708.95 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 183.29 708.95 Td (that ) Tj ET Q q 0 0 0 rg BT 199.99 708.95 Td (are ) Tj ET Q q 0 0 0 rg BT 214.69 708.95 Td (beyond ) Tj ET Q q 0 0 0 rg BT 245.90 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 260.60 708.95 Td (control ) Tj ET Q q 0 0 0 rg BT 289.30 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 298.99 708.95 Td (beyond ) Tj ET Q q 0 0 0 rg BT 330.20 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 344.40 708.95 Td (control ) Tj ET Q q 0 0 0 rg BT 373.10 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 382.29 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 396.99 708.95 Td (client ) Tj ET Q q 0 0 0 rg BT 419.69 708.95 Td (prevent ) Tj ET Q q 0 0 0 rg BT 451.39 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 465.59 708.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 499.29 708.95 Td (from ) Tj ET Q q 0 0 0 rg BT 518.98 708.95 Td (continuing. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (In ) Tj ET Q q 0 0 0 rg BT 82.13 695.45 Td (cases ) Tj ET Q q 0 0 0 rg BT 108.27 695.45 Td (of ) Tj ET Q q 0 0 0 rg BT 118.40 695.45 Td (early ) Tj ET Q q 0 0 0 rg BT 140.53 695.45 Td (termination, ) Tj ET Q q 0 0 0 rg BT 190.18 695.45 Td (we ) Tj ET Q q 0 0 0 rg BT 204.31 695.45 Td (may ) Tj ET Q q 0 0 0 rg BT 223.93 695.45 Td (not ) Tj ET Q q 0 0 0 rg BT 239.07 695.45 Td (be ) Tj ET Q q 0 0 0 rg BT 251.71 695.45 Td (able ) Tj ET Q q 0 0 0 rg BT 271.35 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 281.48 695.45 Td (recover ) Tj ET Q q 0 0 0 rg BT 314.11 695.45 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 359.26 695.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 393.90 695.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 417.53 695.45 Td (and ) Tj ET Q q 0 0 0 rg BT 435.17 695.45 Td (we ) Tj ET Q q 0 0 0 rg BT 449.30 695.45 Td (may ) Tj ET Q q 0 0 0 rg BT 468.93 695.45 Td (not ) Tj ET Q q 0 0 0 rg BT 484.07 695.45 Td (be ) Tj ET Q q 0 0 0 rg BT 496.70 695.45 Td (able ) Tj ET Q q 0 0 0 rg BT 516.34 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 526.48 695.45 Td (eliminate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 681.95 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 106.53 681.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 130.04 681.95 Td (incurred ) Tj ET Q q 0 0 0 rg BT 165.05 681.95 Td (to ) Tj ET Q q 0 0 0 rg BT 175.06 681.95 Td (support ) Tj ET Q q 0 0 0 rg BT 207.58 681.95 Td (the ) Tj ET Q q 0 0 0 rg BT 222.59 681.95 Td (contract.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 658.166796875 m 155.021484375 658.166796875 l s q 0 0 0 rg BT 72.00 659.45 Td (Cost ) Tj ET Q q 0 0 0 rg BT 93.01 659.45 Td (estimation ) Tj ET Q q 0 0 0 rg BT 136.52 659.45 Td (risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 639.95 Td (In ) Tj ET Q q 0 0 0 rg BT 81.97 639.95 Td (order ) Tj ET Q q 0 0 0 rg BT 105.44 639.95 Td (to ) Tj ET Q q 0 0 0 rg BT 115.40 639.95 Td (generate ) Tj ET Q q 0 0 0 rg BT 153.39 639.95 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 199.38 639.95 Td (margins, ) Tj ET Q q 0 0 0 rg BT 236.35 639.95 Td (our ) Tj ET Q q 0 0 0 rg BT 251.82 639.95 Td (pricing ) Tj ET Q q 0 0 0 rg BT 280.79 639.95 Td (for ) Tj ET Q q 0 0 0 rg BT 293.76 639.95 Td (services ) Tj ET Q q 0 0 0 rg BT 329.22 639.95 Td (is ) Tj ET Q q 0 0 0 rg BT 338.18 639.95 Td (dependent ) Tj ET Q q 0 0 0 rg BT 383.19 639.95 Td (on ) Tj ET Q q 0 0 0 rg BT 395.66 639.95 Td (our ) Tj ET Q q 0 0 0 rg BT 411.13 639.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 436.60 639.95 Td (to ) Tj ET Q q 0 0 0 rg BT 446.56 639.95 Td (accurately ) Tj ET Q q 0 0 0 rg BT 490.04 639.95 Td (estimate ) Tj ET Q q 0 0 0 rg BT 526.51 639.95 Td (the ) Tj ET Q q 0 0 0 rg BT 541.48 639.95 Td (costs ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 90.31 626.45 Td (timing ) Tj ET Q q 0 0 0 rg BT 117.62 626.45 Td (for ) Tj ET Q q 0 0 0 rg BT 131.42 626.45 Td (completing ) Tj ET Q q 0 0 0 rg BT 178.24 626.45 Td (projects ) Tj ET Q q 0 0 0 rg BT 213.04 626.45 Td (or ) Tj ET Q q 0 0 0 rg BT 224.34 626.45 Td (long-term ) Tj ET Q q 0 0 0 rg BT 265.65 626.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 315.48 626.45 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 357.79 626.45 Td (which ) Tj ET Q q 0 0 0 rg BT 384.10 626.45 Td (can ) Tj ET Q q 0 0 0 rg BT 401.90 626.45 Td (be ) Tj ET Q q 0 0 0 rg BT 415.21 626.45 Td (based ) Tj ET Q q 0 0 0 rg BT 443.03 626.45 Td (on ) Tj ET Q q 0 0 0 rg BT 456.33 626.45 Td (a ) Tj ET Q q 0 0 0 rg BT 464.64 626.45 Td (client's ) Tj ET Q q 0 0 0 rg BT 495.16 626.45 Td (bid ) Tj ET Q q 0 0 0 rg BT 510.47 626.45 Td (specification, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 612.95 Td (sometimes ) Tj ET Q q 0 0 0 rg BT 117.97 612.95 Td (in ) Tj ET Q q 0 0 0 rg BT 127.44 612.95 Td (advance ) Tj ET Q q 0 0 0 rg BT 163.93 612.95 Td (of ) Tj ET Q q 0 0 0 rg BT 173.89 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 188.87 612.95 Td (final ) Tj ET Q q 0 0 0 rg BT 207.84 612.95 Td (determination ) Tj ET Q q 0 0 0 rg BT 264.83 612.95 Td (of ) Tj ET Q q 0 0 0 rg BT 274.80 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 289.77 612.95 Td (full ) Tj ET Q q 0 0 0 rg BT 303.74 612.95 Td (scope ) Tj ET Q q 0 0 0 rg BT 330.21 612.95 Td (and ) Tj ET Q q 0 0 0 rg BT 347.69 612.95 Td (design ) Tj ET Q q 0 0 0 rg BT 376.67 612.95 Td (of ) Tj ET Q q 0 0 0 rg BT 386.64 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 401.61 612.95 Td (contract. ) Tj ET Q q 0 0 0 rg BT 438.59 612.95 Td (In ) Tj ET Q q 0 0 0 rg BT 448.56 612.95 Td (addition, ) Tj ET Q q 0 0 0 rg BT 485.05 612.95 Td (a ) Tj ET Q q 0 0 0 rg BT 492.51 612.95 Td (significant ) Tj ET Q q 0 0 0 rg BT 535.00 612.95 Td (portion ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 599.45 Td (of ) Tj ET Q q 0 0 0 rg BT 82.61 599.45 Td (our ) Tj ET Q q 0 0 0 rg BT 98.72 599.45 Td (project-oriented ) Tj ET Q q 0 0 0 rg BT 164.36 599.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 203.98 599.45 Td (are ) Tj ET Q q 0 0 0 rg BT 220.09 599.45 Td (performed ) Tj ET Q q 0 0 0 rg BT 264.22 599.45 Td (on ) Tj ET Q q 0 0 0 rg BT 277.33 599.45 Td (a ) Tj ET Q q 0 0 0 rg BT 285.44 599.45 Td (fixed-price ) Tj ET Q q 0 0 0 rg BT 330.06 599.45 Td (basis. ) Tj ET Q q 0 0 0 rg BT 356.68 599.45 Td (Billing ) Tj ET Q q 0 0 0 rg BT 383.80 599.45 Td (for ) Tj ET Q q 0 0 0 rg BT 397.40 599.45 Td (fixed-price ) Tj ET Q q 0 0 0 rg BT 442.02 599.45 Td (engagements ) Tj ET Q q 0 0 0 rg BT 499.67 599.45 Td (is ) Tj ET Q q 0 0 0 rg BT 509.27 599.45 Td (carried ) Tj ET Q q 0 0 0 rg BT 539.89 599.45 Td (out ) Tj ET Q q 0 0 0 rg BT 555.51 599.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 585.95 Td (accordance ) Tj ET Q q 0 0 0 rg BT 120.76 585.95 Td (with ) Tj ET Q q 0 0 0 rg BT 139.00 585.95 Td (the ) Tj ET Q q 0 0 0 rg BT 153.74 585.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 187.98 585.95 Td (terms ) Tj ET Q q 0 0 0 rg BT 212.71 585.95 Td (agreed ) Tj ET Q q 0 0 0 rg BT 242.97 585.95 Td (upon ) Tj ET Q q 0 0 0 rg BT 265.22 585.95 Td (with ) Tj ET Q q 0 0 0 rg BT 283.45 585.95 Td (our ) Tj ET Q q 0 0 0 rg BT 298.69 585.95 Td (client, ) Tj ET Q q 0 0 0 rg BT 324.43 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 341.68 585.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 376.43 585.95 Td (is ) Tj ET Q q 0 0 0 rg BT 385.16 585.95 Td (recognized ) Tj ET Q q 0 0 0 rg BT 431.42 585.95 Td (based ) Tj ET Q q 0 0 0 rg BT 458.18 585.95 Td (on ) Tj ET Q q 0 0 0 rg BT 470.42 585.95 Td (the ) Tj ET Q q 0 0 0 rg BT 485.16 585.95 Td (percentage ) Tj ET Q q 0 0 0 rg BT 532.42 585.95 Td (of ) Tj ET Q q 0 0 0 rg BT 542.16 585.95 Td (ef) Tj ET Q q 0 0 0 rg BT 549.50 585.95 Td (fort ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 572.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 107.65 572.45 Td (to ) Tj ET Q q 0 0 0 rg BT 118.28 572.45 Td (date ) Tj ET Q q 0 0 0 rg BT 138.93 572.45 Td (in ) Tj ET Q q 0 0 0 rg BT 149.06 572.45 Td (relation ) Tj ET Q q 0 0 0 rg BT 181.71 572.45 Td (to ) Tj ET Q q 0 0 0 rg BT 192.35 572.45 Td (the ) Tj ET Q q 0 0 0 rg BT 207.99 572.45 Td (total ) Tj ET Q q 0 0 0 rg BT 228.13 572.45 Td (estimated ) Tj ET Q q 0 0 0 rg BT 270.28 572.45 Td (ef) Tj ET Q q 0 0 0 rg BT 277.62 572.45 Td (forts ) Tj ET Q q 0 0 0 rg BT 298.26 572.45 Td (to ) Tj ET Q q 0 0 0 rg BT 308.89 572.45 Td (be ) Tj ET Q q 0 0 0 rg BT 322.04 572.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 357.68 572.45 Td (over ) Tj ET Q q 0 0 0 rg BT 378.32 572.45 Td (the ) Tj ET Q q 0 0 0 rg BT 393.96 572.45 Td (duration ) Tj ET Q q 0 0 0 rg BT 429.62 572.45 Td (of ) Tj ET Q q 0 0 0 rg BT 440.25 572.45 Td (the ) Tj ET Q q 0 0 0 rg BT 455.89 572.45 Td (respective ) Tj ET Q q 0 0 0 rg BT 500.04 572.45 Td (contract. ) Tj ET Q q 0 0 0 rg BT 537.48 572.45 Td (These ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 558.95 Td (estimates ) Tj ET Q q 0 0 0 rg BT 113.24 558.95 Td (reflect ) Tj ET Q q 0 0 0 rg BT 140.48 558.95 Td (our ) Tj ET Q q 0 0 0 rg BT 156.22 558.95 Td (best ) Tj ET Q q 0 0 0 rg BT 175.96 558.95 Td (judgement ) Tj ET Q q 0 0 0 rg BT 220.72 558.95 Td (regarding ) Tj ET Q q 0 0 0 rg BT 261.47 558.95 Td (the ) Tj ET Q q 0 0 0 rg BT 276.71 558.95 Td (ef) Tj ET Q q 0 0 0 rg BT 284.05 558.95 Td (ficiencies ) Tj ET Q q 0 0 0 rg BT 323.80 558.95 Td (of ) Tj ET Q q 0 0 0 rg BT 334.03 558.95 Td (our ) Tj ET Q q 0 0 0 rg BT 349.77 558.95 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 411.04 558.95 Td (and ) Tj ET Q q 0 0 0 rg BT 428.78 558.95 Td (professionals ) Tj ET Q q 0 0 0 rg BT 484.54 558.95 Td (as ) Tj ET Q q 0 0 0 rg BT 496.78 558.95 Td (we ) Tj ET Q q 0 0 0 rg BT 511.01 558.95 Td (plan ) Tj ET Q q 0 0 0 rg BT 530.75 558.95 Td (to ) Tj ET Q q 0 0 0 rg BT 540.99 558.95 Td (apply ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 545.45 Td (them ) Tj ET Q q 0 0 0 rg BT 95.34 545.45 Td (to ) Tj ET Q q 0 0 0 rg BT 106.18 545.45 Td (the ) Tj ET Q q 0 0 0 rg BT 122.02 545.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 161.87 545.45 Td (in ) Tj ET Q q 0 0 0 rg BT 172.21 545.45 Td (accordance ) Tj ET Q q 0 0 0 rg BT 222.07 545.45 Td (with ) Tj ET Q q 0 0 0 rg BT 241.41 545.45 Td (the ) Tj ET Q q 0 0 0 rg BT 257.25 545.45 Td (CGI ) Tj ET Q q 0 0 0 rg BT 276.59 545.45 Td (Client ) Tj ET Q q 0 0 0 rg BT 302.93 545.45 Td (Partnership ) Tj ET Q q 0 0 0 rg BT 352.29 545.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 408.15 545.45 Td (Framework ) Tj ET Q q 0 0 0 rg BT 456.49 545.45 Td (\(CPMF\), ) Tj ET Q q 0 0 0 rg BT 493.81 545.45 Td (a ) Tj ET Q q 0 0 0 rg BT 502.15 545.45 Td (framework ) Tj ET Q q 0 0 0 rg BT 547.49 545.45 Td (that ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 531.95 Td (contains ) Tj ET Q q 0 0 0 rg BT 107.46 531.95 Td (high ) Tj ET Q q 0 0 0 rg BT 126.42 531.95 Td (standards ) Tj ET Q q 0 0 0 rg BT 167.89 531.95 Td (of ) Tj ET Q q 0 0 0 rg BT 177.34 531.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 211.29 531.95 Td (management ) Tj ET Q q 0 0 0 rg BT 265.77 531.95 Td (to ) Tj ET Q q 0 0 0 rg BT 275.22 531.95 Td (be ) Tj ET Q q 0 0 0 rg BT 287.17 531.95 Td (applied ) Tj ET Q q 0 0 0 rg BT 318.14 531.95 Td (throughout ) Tj ET Q q 0 0 0 rg BT 363.12 531.95 Td (the ) Tj ET Q q 0 0 0 rg BT 377.57 531.95 Td (Company) Tj ET Q q 0 0 0 rg BT 415.42 531.95 Td (. ) Tj ET Q q 0 0 0 rg BT 419.86 531.95 Td (If ) Tj ET Q q 0 0 0 rg BT 426.81 531.95 Td (we ) Tj ET Q q 0 0 0 rg BT 440.25 531.95 Td (fail ) Tj ET Q q 0 0 0 rg BT 453.70 531.95 Td (to ) Tj ET Q q 0 0 0 rg BT 463.15 531.95 Td (apply ) Tj ET Q q 0 0 0 rg BT 486.61 531.95 Td (the ) Tj ET Q q 0 0 0 rg BT 501.06 531.95 Td (CPMF ) Tj ET Q q 0 0 0 rg BT 528.50 531.95 Td (correctly ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 518.45 Td (or ) Tj ET Q q 0 0 0 rg BT 82.52 518.45 Td (if ) Tj ET Q q 0 0 0 rg BT 89.53 518.45 Td (we ) Tj ET Q q 0 0 0 rg BT 103.55 518.45 Td (are ) Tj ET Q q 0 0 0 rg BT 119.07 518.45 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 173.61 518.45 Td (in ) Tj ET Q q 0 0 0 rg BT 183.13 518.45 Td (accurately ) Tj ET Q q 0 0 0 rg BT 226.66 518.45 Td (estimating ) Tj ET Q q 0 0 0 rg BT 270.20 518.45 Td (the ) Tj ET Q q 0 0 0 rg BT 285.22 518.45 Td (time ) Tj ET Q q 0 0 0 rg BT 304.74 518.45 Td (or ) Tj ET Q q 0 0 0 rg BT 315.26 518.45 Td (resources ) Tj ET Q q 0 0 0 rg BT 357.29 518.45 Td (required ) Tj ET Q q 0 0 0 rg BT 392.82 518.45 Td (to ) Tj ET Q q 0 0 0 rg BT 402.84 518.45 Td (fulfill ) Tj ET Q q 0 0 0 rg BT 423.36 518.45 Td (our ) Tj ET Q q 0 0 0 rg BT 438.88 518.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 484.43 518.45 Td (under ) Tj ET Q q 0 0 0 rg BT 509.96 518.45 Td (a ) Tj ET Q q 0 0 0 rg BT 517.48 518.45 Td (contract, ) Tj ET Q q 0 0 0 rg BT 554.51 518.45 Td (or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 504.95 Td (if ) Tj ET Q q 0 0 0 rg BT 78.94 504.95 Td (unexpected ) Tj ET Q q 0 0 0 rg BT 127.91 504.95 Td (factors, ) Tj ET Q q 0 0 0 rg BT 159.86 504.95 Td (including ) Tj ET Q q 0 0 0 rg BT 197.82 504.95 Td (those ) Tj ET Q q 0 0 0 rg BT 222.27 504.95 Td (outside ) Tj ET Q q 0 0 0 rg BT 253.73 504.95 Td (of ) Tj ET Q q 0 0 0 rg BT 263.68 504.95 Td (our ) Tj ET Q q 0 0 0 rg BT 279.12 504.95 Td (control, ) Tj ET Q q 0 0 0 rg BT 311.07 504.95 Td (arise, ) Tj ET Q q 0 0 0 rg BT 335.52 504.95 Td (there ) Tj ET Q q 0 0 0 rg BT 358.47 504.95 Td (may ) Tj ET Q q 0 0 0 rg BT 377.91 504.95 Td (be ) Tj ET Q q 0 0 0 rg BT 390.35 504.95 Td (an ) Tj ET Q q 0 0 0 rg BT 402.80 504.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 431.75 504.95 Td (on ) Tj ET Q q 0 0 0 rg BT 444.19 504.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 467.64 504.95 Td (or ) Tj ET Q q 0 0 0 rg BT 478.08 504.95 Td (the ) Tj ET Q q 0 0 0 rg BT 493.02 504.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 526.47 504.95 Td (schedule ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 491.45 Td (which ) Tj ET Q q 0 0 0 rg BT 97.51 491.45 Td (could ) Tj ET Q q 0 0 0 rg BT 121.53 491.45 Td (have ) Tj ET Q q 0 0 0 rg BT 143.54 491.45 Td (a ) Tj ET Q q 0 0 0 rg BT 151.05 491.45 Td (material ) Tj ET Q q 0 0 0 rg BT 185.56 491.45 Td (adverse ) Tj ET Q q 0 0 0 rg BT 220.08 491.45 Td (ef) Tj ET Q q 0 0 0 rg BT 227.42 491.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 244.43 491.45 Td (on ) Tj ET Q q 0 0 0 rg BT 256.94 491.45 Td (our ) Tj ET Q q 0 0 0 rg BT 272.45 491.45 Td (expected ) Tj ET Q q 0 0 0 rg BT 311.48 491.45 Td (net ) Tj ET Q q 0 0 0 rg BT 326.49 491.45 Td (earnings.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 467.666796875 m 289.61279296875 467.666796875 l s q 0 0 0 rg BT 72.00 468.95 Td (Risks ) Tj ET Q q 0 0 0 rg BT 96.50 468.95 Td (related ) Tj ET Q q 0 0 0 rg BT 126.52 468.95 Td (to ) Tj ET Q q 0 0 0 rg BT 136.52 468.95 Td (teaming ) Tj ET Q q 0 0 0 rg BT 171.04 468.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 221.07 468.95 Td (and ) Tj ET Q q 0 0 0 rg BT 238.59 468.95 Td (subcontracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 449.45 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 449.45 Td (e ) Tj ET Q q 0 0 0 rg BT 87.10 449.45 Td (derive ) Tj ET Q q 0 0 0 rg BT 113.37 449.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 147.66 449.45 Td (from ) Tj ET Q q 0 0 0 rg BT 167.42 449.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 205.69 449.45 Td (where ) Tj ET Q q 0 0 0 rg BT 231.97 449.45 Td (we ) Tj ET Q q 0 0 0 rg BT 245.23 449.45 Td (enter ) Tj ET Q q 0 0 0 rg BT 267.51 449.45 Td (into ) Tj ET Q q 0 0 0 rg BT 283.78 449.45 Td (teaming ) Tj ET Q q 0 0 0 rg BT 317.56 449.45 Td (agreements ) Tj ET Q q 0 0 0 rg BT 366.84 449.45 Td (with ) Tj ET Q q 0 0 0 rg BT 384.61 449.45 Td (other ) Tj ET Q q 0 0 0 rg BT 406.88 449.45 Td (providers. ) Tj ET Q q 0 0 0 rg BT 448.16 449.45 Td (In ) Tj ET Q q 0 0 0 rg BT 457.43 449.45 Td (some ) Tj ET Q q 0 0 0 rg BT 481.20 449.45 Td (teaming ) Tj ET Q q 0 0 0 rg BT 514.97 449.45 Td (agreements ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 435.95 Td (we ) Tj ET Q q 0 0 0 rg BT 85.47 435.95 Td (are ) Tj ET Q q 0 0 0 rg BT 100.45 435.95 Td (the ) Tj ET Q q 0 0 0 rg BT 114.92 435.95 Td (prime ) Tj ET Q q 0 0 0 rg BT 139.40 435.95 Td (contractor ) Tj ET Q q 0 0 0 rg BT 181.38 435.95 Td (whereas ) Tj ET Q q 0 0 0 rg BT 217.36 435.95 Td (in ) Tj ET Q q 0 0 0 rg BT 226.34 435.95 Td (others ) Tj ET Q q 0 0 0 rg BT 253.32 435.95 Td (we ) Tj ET Q q 0 0 0 rg BT 266.79 435.95 Td (act ) Tj ET Q q 0 0 0 rg BT 280.76 435.95 Td (as ) Tj ET Q q 0 0 0 rg BT 292.23 435.95 Td (a ) Tj ET Q q 0 0 0 rg BT 299.20 435.95 Td (subcontractor) Tj ET Q q 0 0 0 rg BT 353.24 435.95 Td (. ) Tj ET Q q 0 0 0 rg BT 357.70 435.95 Td (In ) Tj ET Q q 0 0 0 rg BT 367.18 435.95 Td (both ) Tj ET Q q 0 0 0 rg BT 386.66 435.95 Td (cases, ) Tj ET Q q 0 0 0 rg BT 414.64 435.95 Td (we ) Tj ET Q q 0 0 0 rg BT 428.11 435.95 Td (rely ) Tj ET Q q 0 0 0 rg BT 444.58 435.95 Td (on ) Tj ET Q q 0 0 0 rg BT 456.55 435.95 Td (our ) Tj ET Q q 0 0 0 rg BT 471.53 435.95 Td (relationships ) Tj ET Q q 0 0 0 rg BT 524.02 435.95 Td (with ) Tj ET Q q 0 0 0 rg BT 542.00 435.95 Td (other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 422.45 Td (providers ) Tj ET Q q 0 0 0 rg BT 111.34 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 121.18 422.45 Td (generate ) Tj ET Q q 0 0 0 rg BT 159.04 422.45 Td (business ) Tj ET Q q 0 0 0 rg BT 196.89 422.45 Td (and ) Tj ET Q q 0 0 0 rg BT 214.24 422.45 Td (we ) Tj ET Q q 0 0 0 rg BT 228.07 422.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 256.92 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 266.75 422.45 Td (do ) Tj ET Q q 0 0 0 rg BT 279.09 422.45 Td (so ) Tj ET Q q 0 0 0 rg BT 290.93 422.45 Td (in ) Tj ET Q q 0 0 0 rg BT 300.26 422.45 Td (the ) Tj ET Q q 0 0 0 rg BT 315.10 422.45 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 364.47 422.45 Td (future. ) Tj ET Q q 0 0 0 rg BT 392.31 422.45 Td (Where ) Tj ET Q q 0 0 0 rg BT 421.15 422.45 Td (we ) Tj ET Q q 0 0 0 rg BT 434.98 422.45 Td (act ) Tj ET Q q 0 0 0 rg BT 449.32 422.45 Td (as ) Tj ET Q q 0 0 0 rg BT 461.15 422.45 Td (prime ) Tj ET Q q 0 0 0 rg BT 485.99 422.45 Td (contractor) Tj ET Q q 0 0 0 rg BT 525.51 422.45 Td (, ) Tj ET Q q 0 0 0 rg BT 530.34 422.45 Td (if ) Tj ET Q q 0 0 0 rg BT 537.17 422.45 Td (we ) Tj ET Q q 0 0 0 rg BT 551.00 422.45 Td (fail ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 408.95 Td (to ) Tj ET Q q 0 0 0 rg BT 83.44 408.95 Td (maintain ) Tj ET Q q 0 0 0 rg BT 121.39 408.95 Td (our ) Tj ET Q q 0 0 0 rg BT 138.33 408.95 Td (relationships ) Tj ET Q q 0 0 0 rg BT 192.79 408.95 Td (with ) Tj ET Q q 0 0 0 rg BT 212.73 408.95 Td (other ) Tj ET Q q 0 0 0 rg BT 237.18 408.95 Td (providers, ) Tj ET Q q 0 0 0 rg BT 280.63 408.95 Td (we ) Tj ET Q q 0 0 0 rg BT 296.07 408.95 Td (may ) Tj ET Q q 0 0 0 rg BT 317.00 408.95 Td (have ) Tj ET Q q 0 0 0 rg BT 340.45 408.95 Td (dif) Tj ET Q q 0 0 0 rg BT 349.80 408.95 Td (ficulty ) Tj ET Q q 0 0 0 rg BT 376.74 408.95 Td (attracting ) Tj ET Q q 0 0 0 rg BT 417.69 408.95 Td (suitable ) Tj ET Q q 0 0 0 rg BT 452.64 408.95 Td (participants ) Tj ET Q q 0 0 0 rg BT 502.60 408.95 Td (in ) Tj ET Q q 0 0 0 rg BT 513.54 408.95 Td (our ) Tj ET Q q 0 0 0 rg BT 530.48 408.95 Td (teaming ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 395.45 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 124.02 395.45 Td (Similarly) Tj ET Q q 0 0 0 rg BT 157.36 395.45 Td (, ) Tj ET Q q 0 0 0 rg BT 161.86 395.45 Td (where ) Tj ET Q q 0 0 0 rg BT 188.37 395.45 Td (we ) Tj ET Q q 0 0 0 rg BT 201.87 395.45 Td (act ) Tj ET Q q 0 0 0 rg BT 215.87 395.45 Td (as ) Tj ET Q q 0 0 0 rg BT 227.37 395.45 Td (subcontractor) Tj ET Q q 0 0 0 rg BT 281.41 395.45 Td (, ) Tj ET Q q 0 0 0 rg BT 285.90 395.45 Td (if ) Tj ET Q q 0 0 0 rg BT 292.40 395.45 Td (our ) Tj ET Q q 0 0 0 rg BT 307.41 395.45 Td (relationships ) Tj ET Q q 0 0 0 rg BT 359.93 395.45 Td (are ) Tj ET Q q 0 0 0 rg BT 374.94 395.45 Td (impaired, ) Tj ET Q q 0 0 0 rg BT 413.95 395.45 Td (other ) Tj ET Q q 0 0 0 rg BT 436.46 395.45 Td (providers ) Tj ET Q q 0 0 0 rg BT 475.47 395.45 Td (might ) Tj ET Q q 0 0 0 rg BT 499.48 395.45 Td (reduce ) Tj ET Q q 0 0 0 rg BT 529.00 395.45 Td (the ) Tj ET Q q 0 0 0 rg BT 543.50 395.45 Td (work ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 381.95 Td (they ) Tj ET Q q 0 0 0 rg BT 91.36 381.95 Td (award ) Tj ET Q q 0 0 0 rg BT 118.21 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 128.07 381.95 Td (us, ) Tj ET Q q 0 0 0 rg BT 142.42 381.95 Td (award ) Tj ET Q q 0 0 0 rg BT 169.27 381.95 Td (that ) Tj ET Q q 0 0 0 rg BT 186.63 381.95 Td (work ) Tj ET Q q 0 0 0 rg BT 207.98 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 217.83 381.95 Td (our ) Tj ET Q q 0 0 0 rg BT 233.18 381.95 Td (competitors, ) Tj ET Q q 0 0 0 rg BT 284.54 381.95 Td (or ) Tj ET Q q 0 0 0 rg BT 294.89 381.95 Td (choose ) Tj ET Q q 0 0 0 rg BT 326.26 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 336.11 381.95 Td (of) Tj ET Q q 0 0 0 rg BT 343.45 381.95 Td (fer ) Tj ET Q q 0 0 0 rg BT 356.30 381.95 Td (the ) Tj ET Q q 0 0 0 rg BT 371.16 381.95 Td (services ) Tj ET Q q 0 0 0 rg BT 406.51 381.95 Td (directly ) Tj ET Q q 0 0 0 rg BT 437.36 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 447.21 381.95 Td (the ) Tj ET Q q 0 0 0 rg BT 462.07 381.95 Td (client ) Tj ET Q q 0 0 0 rg BT 485.43 381.95 Td (in ) Tj ET Q q 0 0 0 rg BT 494.78 381.95 Td (order ) Tj ET Q q 0 0 0 rg BT 518.13 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 527.98 381.95 Td (compete ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 368.45 Td (with ) Tj ET Q q 0 0 0 rg BT 90.83 368.45 Td (our ) Tj ET Q q 0 0 0 rg BT 106.66 368.45 Td (business. ) Tj ET Q q 0 0 0 rg BT 147.50 368.45 Td (In ) Tj ET Q q 0 0 0 rg BT 157.83 368.45 Td (either ) Tj ET Q q 0 0 0 rg BT 183.17 368.45 Td (case, ) Tj ET Q q 0 0 0 rg BT 207.50 368.45 Td (if ) Tj ET Q q 0 0 0 rg BT 214.82 368.45 Td (we ) Tj ET Q q 0 0 0 rg BT 229.15 368.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 243.48 368.45 Td (to ) Tj ET Q q 0 0 0 rg BT 253.81 368.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 290.65 368.45 Td (our ) Tj ET Q q 0 0 0 rg BT 306.48 368.45 Td (relationship ) Tj ET Q q 0 0 0 rg BT 355.33 368.45 Td (with ) Tj ET Q q 0 0 0 rg BT 374.16 368.45 Td (these ) Tj ET Q q 0 0 0 rg BT 399.00 368.45 Td (providers ) Tj ET Q q 0 0 0 rg BT 438.83 368.45 Td (or ) Tj ET Q q 0 0 0 rg BT 449.66 368.45 Td (if ) Tj ET Q q 0 0 0 rg BT 456.98 368.45 Td (our ) Tj ET Q q 0 0 0 rg BT 472.81 368.45 Td (relationship ) Tj ET Q q 0 0 0 rg BT 521.66 368.45 Td (with ) Tj ET Q q 0 0 0 rg BT 540.49 368.45 Td (these ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 354.95 Td (providers ) Tj ET Q q 0 0 0 rg BT 110.50 354.95 Td (is ) Tj ET Q q 0 0 0 rg BT 118.48 354.95 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 158.48 354.95 Td (impaired, ) Tj ET Q q 0 0 0 rg BT 196.98 354.95 Td (our ) Tj ET Q q 0 0 0 rg BT 211.47 354.95 Td (business, ) Tj ET Q q 0 0 0 rg BT 250.98 354.95 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 293.98 354.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 328.48 354.95 Td (condition ) Tj ET Q q 0 0 0 rg BT 365.99 354.95 Td (and ) Tj ET Q q 0 0 0 rg BT 382.49 354.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 421.51 354.95 Td (results ) Tj ET Q q 0 0 0 rg BT 449.50 354.95 Td (could ) Tj ET Q q 0 0 0 rg BT 472.50 354.95 Td (be ) Tj ET Q q 0 0 0 rg BT 483.99 354.95 Td (materially ) Tj ET Q q 0 0 0 rg BT 523.98 354.95 Td (adversely ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 341.45 Td (af) Tj ET Q q 0 0 0 rg BT 79.34 341.45 Td (fected.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 317.666796875 m 277.07958984375 317.666796875 l s q 0 0 0 rg BT 72.00 318.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.50 318.95 Td (partners) Tj ET Q q 0 0 0 rg BT 124.02 318.95 Td ( ) Tj ET Q q 0 0 0 rg BT 126.52 318.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 152.03 318.95 Td (to ) Tj ET Q q 0 0 0 rg BT 162.04 318.95 Td (deliver ) Tj ET Q q 0 0 0 rg BT 191.05 318.95 Td (on ) Tj ET Q q 0 0 0 rg BT 203.56 318.95 Td (their ) Tj ET Q q 0 0 0 rg BT 223.57 318.95 Td (commitments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 299.45 Td (Increasingly ) Tj ET Q q 0 0 0 rg BT 121.36 299.45 Td (large ) Tj ET Q q 0 0 0 rg BT 142.71 299.45 Td (and ) Tj ET Q q 0 0 0 rg BT 159.07 299.45 Td (complex ) Tj ET Q q 0 0 0 rg BT 193.92 299.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 231.78 299.45 Td (may ) Tj ET Q q 0 0 0 rg BT 250.12 299.45 Td (require ) Tj ET Q q 0 0 0 rg BT 279.47 299.45 Td (that ) Tj ET Q q 0 0 0 rg BT 295.82 299.45 Td (we ) Tj ET Q q 0 0 0 rg BT 308.67 299.45 Td (rely ) Tj ET Q q 0 0 0 rg BT 324.51 299.45 Td (on ) Tj ET Q q 0 0 0 rg BT 335.86 299.45 Td (third ) Tj ET Q q 0 0 0 rg BT 354.71 299.45 Td (party ) Tj ET Q q 0 0 0 rg BT 376.05 299.45 Td (subcontractors ) Tj ET Q q 0 0 0 rg BT 436.42 299.45 Td (including ) Tj ET Q q 0 0 0 rg BT 473.29 299.45 Td (software ) Tj ET Q q 0 0 0 rg BT 508.64 299.45 Td (and ) Tj ET Q q 0 0 0 rg BT 524.99 299.45 Td (hardware ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 285.95 Td (vendors ) Tj ET Q q 0 0 0 rg BT 106.32 285.95 Td (to ) Tj ET Q q 0 0 0 rg BT 116.13 285.95 Td (help ) Tj ET Q q 0 0 0 rg BT 135.45 285.95 Td (us ) Tj ET Q q 0 0 0 rg BT 147.26 285.95 Td (fulfill ) Tj ET Q q 0 0 0 rg BT 167.57 285.95 Td (our ) Tj ET Q q 0 0 0 rg BT 182.88 285.95 Td (commitments. ) Tj ET Q q 0 0 0 rg BT 241.19 285.95 Td (Under ) Tj ET Q q 0 0 0 rg BT 268.01 285.95 Td (such ) Tj ET Q q 0 0 0 rg BT 289.32 285.95 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 351.64 285.95 Td (our ) Tj ET Q q 0 0 0 rg BT 366.95 285.95 Td (success ) Tj ET Q q 0 0 0 rg BT 401.77 285.95 Td (depends ) Tj ET Q q 0 0 0 rg BT 438.60 285.95 Td (on ) Tj ET Q q 0 0 0 rg BT 450.92 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 465.73 285.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 491.05 285.95 Td (of ) Tj ET Q q 0 0 0 rg BT 500.86 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 515.67 285.95 Td (third ) Tj ET Q q 0 0 0 rg BT 535.48 285.95 Td (parties ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 272.45 Td (to ) Tj ET Q q 0 0 0 rg BT 82.02 272.45 Td (perform ) Tj ET Q q 0 0 0 rg BT 115.54 272.45 Td (their ) Tj ET Q q 0 0 0 rg BT 135.56 272.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 181.10 272.45 Td (within ) Tj ET Q q 0 0 0 rg BT 206.63 272.45 Td (agreed ) Tj ET Q q 0 0 0 rg BT 237.16 272.45 Td (upon ) Tj ET Q q 0 0 0 rg BT 259.70 272.45 Td (budgets ) Tj ET Q q 0 0 0 rg BT 294.24 272.45 Td (and ) Tj ET Q q 0 0 0 rg BT 311.77 272.45 Td (timeframes. ) Tj ET Q q 0 0 0 rg BT 361.29 272.45 Td (If ) Tj ET Q q 0 0 0 rg BT 368.80 272.45 Td (our ) Tj ET Q q 0 0 0 rg BT 384.32 272.45 Td (partners ) Tj ET Q q 0 0 0 rg BT 419.85 272.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 433.87 272.45 Td (to ) Tj ET Q q 0 0 0 rg BT 443.89 272.45 Td (deliver) Tj ET Q q 0 0 0 rg BT 469.90 272.45 Td (, ) Tj ET Q q 0 0 0 rg BT 474.91 272.45 Td (our ) Tj ET Q q 0 0 0 rg BT 490.44 272.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 515.96 272.45 Td (to ) Tj ET Q q 0 0 0 rg BT 525.98 272.45 Td (complete ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 258.95 Td (the ) Tj ET Q q 0 0 0 rg BT 87.01 258.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 121.53 258.95 Td (may ) Tj ET Q q 0 0 0 rg BT 141.03 258.95 Td (be ) Tj ET Q q 0 0 0 rg BT 153.54 258.95 Td (adversely ) Tj ET Q q 0 0 0 rg BT 194.56 258.95 Td (af) Tj ET Q q 0 0 0 rg BT 201.90 258.95 Td (fected, ) Tj ET Q q 0 0 0 rg BT 231.42 258.95 Td (which ) Tj ET Q q 0 0 0 rg BT 256.93 258.95 Td (could ) Tj ET Q q 0 0 0 rg BT 280.95 258.95 Td (have ) Tj ET Q q 0 0 0 rg BT 302.96 258.95 Td (an ) Tj ET Q q 0 0 0 rg BT 315.47 258.95 Td (unfavourable ) Tj ET Q q 0 0 0 rg BT 370.02 258.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 399.02 258.95 Td (on ) Tj ET Q q 0 0 0 rg BT 411.53 258.95 Td (our ) Tj ET Q q 0 0 0 rg BT 427.04 258.95 Td (profitability) Tj ET Q q 0 0 0 rg BT 469.39 258.95 Td (.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 235.16679687500005 m 135.52734375 235.16679687500005 l s q 0 0 0 rg BT 72.00 236.45 Td (Guarantees ) Tj ET Q q 0 0 0 rg BT 121.53 236.45 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 216.95 Td (In ) Tj ET Q q 0 0 0 rg BT 84.02 216.95 Td (the ) Tj ET Q q 0 0 0 rg BT 101.05 216.95 Td (normal ) Tj ET Q q 0 0 0 rg BT 133.07 216.95 Td (course ) Tj ET Q q 0 0 0 rg BT 164.60 216.95 Td (of ) Tj ET Q q 0 0 0 rg BT 176.62 216.95 Td (business, ) Tj ET Q q 0 0 0 rg BT 219.16 216.95 Td (we ) Tj ET Q q 0 0 0 rg BT 235.17 216.95 Td (enter ) Tj ET Q q 0 0 0 rg BT 260.20 216.95 Td (into ) Tj ET Q q 0 0 0 rg BT 279.23 216.95 Td (agreements ) Tj ET Q q 0 0 0 rg BT 331.27 216.95 Td (that ) Tj ET Q q 0 0 0 rg BT 350.80 216.95 Td (may ) Tj ET Q q 0 0 0 rg BT 372.31 216.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 406.35 216.95 Td (for ) Tj ET Q q 0 0 0 rg BT 421.36 216.95 Td (indemnification ) Tj ET Q q 0 0 0 rg BT 485.91 216.95 Td (and ) Tj ET Q q 0 0 0 rg BT 505.44 216.95 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 554.99 216.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 203.45 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 132.44 203.45 Td (in ) Tj ET Q q 0 0 0 rg BT 142.84 203.45 Td (transactions ) Tj ET Q q 0 0 0 rg BT 194.77 203.45 Td (such ) Tj ET Q q 0 0 0 rg BT 217.19 203.45 Td (as ) Tj ET Q q 0 0 0 rg BT 230.10 203.45 Td (consulting ) Tj ET Q q 0 0 0 rg BT 274.03 203.45 Td (and ) Tj ET Q q 0 0 0 rg BT 292.45 203.45 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 342.38 203.45 Td (services, ) Tj ET Q q 0 0 0 rg BT 381.29 203.45 Td (business ) Tj ET Q q 0 0 0 rg BT 420.22 203.45 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 471.64 203.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 496.56 203.45 Td (agreements ) Tj ET Q q 0 0 0 rg BT 547.49 203.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 189.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 107.86 189.95 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 156.05 189.95 Td (These ) Tj ET Q q 0 0 0 rg BT 183.90 189.95 Td (indemnification ) Tj ET Q q 0 0 0 rg BT 246.77 189.95 Td (undertakings ) Tj ET Q q 0 0 0 rg BT 301.14 189.95 Td (and ) Tj ET Q q 0 0 0 rg BT 319.00 189.95 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 366.87 189.95 Td (may ) Tj ET Q q 0 0 0 rg BT 386.71 189.95 Td (require ) Tj ET Q q 0 0 0 rg BT 417.57 189.95 Td (us ) Tj ET Q q 0 0 0 rg BT 429.91 189.95 Td (to ) Tj ET Q q 0 0 0 rg BT 440.26 189.95 Td (compensate ) Tj ET Q q 0 0 0 rg BT 492.13 189.95 Td (counterparties ) Tj ET Q q 0 0 0 rg BT 552.00 189.95 Td (for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 176.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 96.18 176.45 Td (and ) Tj ET Q q 0 0 0 rg BT 114.37 176.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 143.05 176.45 Td (incurred ) Tj ET Q q 0 0 0 rg BT 178.73 176.45 Td (as ) Tj ET Q q 0 0 0 rg BT 191.41 176.45 Td (a ) Tj ET Q q 0 0 0 rg BT 199.59 176.45 Td (result ) Tj ET Q q 0 0 0 rg BT 224.77 176.45 Td (of ) Tj ET Q q 0 0 0 rg BT 235.45 176.45 Td (various ) Tj ET Q q 0 0 0 rg BT 267.63 176.45 Td (events, ) Tj ET Q q 0 0 0 rg BT 299.82 176.45 Td (including ) Tj ET Q q 0 0 0 rg BT 338.52 176.45 Td (breaches ) Tj ET Q q 0 0 0 rg BT 378.71 176.45 Td (of ) Tj ET Q q 0 0 0 rg BT 389.39 176.45 Td (representations ) Tj ET Q q 0 0 0 rg BT 454.60 176.45 Td (and ) Tj ET Q q 0 0 0 rg BT 472.79 176.45 Td (warranties, ) Tj ET Q q 0 0 0 rg BT 519.98 176.45 Td (intellectual ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 162.95 Td (property ) Tj ET Q q 0 0 0 rg BT 107.61 162.95 Td (right ) Tj ET Q q 0 0 0 rg BT 127.72 162.95 Td (infringement, ) Tj ET Q q 0 0 0 rg BT 182.35 162.95 Td (claims ) Tj ET Q q 0 0 0 rg BT 210.44 162.95 Td (that ) Tj ET Q q 0 0 0 rg BT 228.05 162.95 Td (may ) Tj ET Q q 0 0 0 rg BT 247.66 162.95 Td (arise ) Tj ET Q q 0 0 0 rg BT 269.76 162.95 Td (while ) Tj ET Q q 0 0 0 rg BT 292.87 162.95 Td (providing ) Tj ET Q q 0 0 0 rg BT 331.99 162.95 Td (services ) Tj ET Q q 0 0 0 rg BT 367.59 162.95 Td (or ) Tj ET Q q 0 0 0 rg BT 378.20 162.95 Td (as ) Tj ET Q q 0 0 0 rg BT 390.30 162.95 Td (a ) Tj ET Q q 0 0 0 rg BT 397.90 162.95 Td (result ) Tj ET Q q 0 0 0 rg BT 422.51 162.95 Td (of ) Tj ET Q q 0 0 0 rg BT 432.61 162.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 468.23 162.95 Td (that ) Tj ET Q q 0 0 0 rg BT 485.84 162.95 Td (may ) Tj ET Q q 0 0 0 rg BT 505.44 162.95 Td (be ) Tj ET Q q 0 0 0 rg BT 518.05 162.95 Td (suf) Tj ET Q q 0 0 0 rg BT 529.89 162.95 Td (fered ) Tj ET Q q 0 0 0 rg BT 553.01 162.95 Td (by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 149.45 Td (counterparties.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 125.66679687500005 m 264.08935546875 125.66679687500005 l s q 0 0 0 rg BT 72.00 126.95 Td (Risk ) Tj ET Q q 0 0 0 rg BT 92.00 126.95 Td (related ) Tj ET Q q 0 0 0 rg BT 122.02 126.95 Td (to ) Tj ET Q q 0 0 0 rg BT 132.02 126.95 Td (human ) Tj ET Q q 0 0 0 rg BT 162.04 126.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 204.06 126.95 Td (utilization ) Tj ET Q q 0 0 0 rg BT 244.08 126.95 Td (rates) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 107.45 Td (In ) Tj ET Q q 0 0 0 rg BT 81.97 107.45 Td (order ) Tj ET Q q 0 0 0 rg BT 105.44 107.45 Td (to ) Tj ET Q q 0 0 0 rg BT 115.40 107.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 151.88 107.45 Td (our ) Tj ET Q q 0 0 0 rg BT 167.35 107.45 Td (net ) Tj ET Q q 0 0 0 rg BT 182.32 107.45 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 221.80 107.45 Td (it ) Tj ET Q q 0 0 0 rg BT 228.76 107.45 Td (is ) Tj ET Q q 0 0 0 rg BT 237.72 107.45 Td (important ) Tj ET Q q 0 0 0 rg BT 277.70 107.45 Td (that ) Tj ET Q q 0 0 0 rg BT 295.17 107.45 Td (we ) Tj ET Q q 0 0 0 rg BT 309.13 107.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 345.61 107.45 Td (the ) Tj ET Q q 0 0 0 rg BT 360.58 107.45 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 408.58 107.45 Td (availability ) Tj ET Q q 0 0 0 rg BT 452.56 107.45 Td (of ) Tj ET Q q 0 0 0 rg BT 462.52 107.45 Td (professional ) Tj ET Q q 0 0 0 rg BT 513.51 107.45 Td (resources ) Tj ET Q q 0 0 0 rg BT 555.49 107.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 93.95 Td (each ) Tj ET Q q 0 0 0 rg BT 94.53 93.95 Td (of ) Tj ET Q q 0 0 0 rg BT 105.04 93.95 Td (our ) Tj ET Q q 0 0 0 rg BT 121.06 93.95 Td (geographies ) Tj ET Q q 0 0 0 rg BT 173.61 93.95 Td (by ) Tj ET Q q 0 0 0 rg BT 186.13 93.95 Td (having ) Tj ET Q q 0 0 0 rg BT 215.66 93.95 Td (a ) Tj ET Q q 0 0 0 rg BT 223.68 93.95 Td (high ) Tj ET Q q 0 0 0 rg BT 243.70 93.95 Td (utilization ) Tj ET Q q 0 0 0 rg BT 284.23 93.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 302.75 93.95 Td (while ) Tj ET Q q 0 0 0 rg BT 326.27 93.95 Td (still ) Tj ET Q q 0 0 0 rg BT 342.28 93.95 Td (being ) Tj ET Q q 0 0 0 rg BT 367.31 93.95 Td (able ) Tj ET Q q 0 0 0 rg BT 387.34 93.95 Td (to ) Tj ET Q q 0 0 0 rg BT 397.86 93.95 Td (assign ) Tj ET Q q 0 0 0 rg BT 426.88 93.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 468.43 93.95 Td (resources ) Tj ET Q q 0 0 0 rg BT 510.95 93.95 Td (to ) Tj ET Q q 0 0 0 rg BT 521.47 93.95 Td (new ) Tj ET Q q 0 0 0 rg BT 540.99 93.95 Td (work. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 80.45 Td (Maintaining ) Tj ET Q q 0 0 0 rg BT 120.46 80.45 Td (an ) Tj ET Q q 0 0 0 rg BT 132.91 80.45 Td (ef) Tj ET Q q 0 0 0 rg BT 140.25 80.45 Td (ficient ) Tj ET Q q 0 0 0 rg BT 166.20 80.45 Td (utilization ) Tj ET Q q 0 0 0 rg BT 206.16 80.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 224.10 80.45 Td (requires ) Tj ET Q q 0 0 0 rg BT 259.05 80.45 Td (us ) Tj ET Q q 0 0 0 rg BT 270.99 80.45 Td (to ) Tj ET Q q 0 0 0 rg BT 280.93 80.45 Td (forecast ) Tj ET Q q 0 0 0 rg BT 315.38 80.45 Td (our ) Tj ET Q q 0 0 0 rg BT 330.83 80.45 Td (need ) Tj ET Q q 0 0 0 rg BT 353.28 80.45 Td (for ) Tj ET Q q 0 0 0 rg BT 366.22 80.45 Td (professional ) Tj ET Q q 0 0 0 rg BT 417.19 80.45 Td (resources ) Tj ET Q q 0 0 0 rg BT 459.14 80.45 Td (accurately ) Tj ET Q q 0 0 0 rg BT 502.59 80.45 Td (and ) Tj ET Q q 0 0 0 rg BT 520.04 80.45 Td (to ) Tj ET Q q 0 0 0 rg BT 529.98 80.45 Td (manage ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 66.95 Td (recruitment ) Tj ET Q q 0 0 0 rg BT 119.87 66.95 Td (activities, ) Tj ET Q q 0 0 0 rg BT 159.74 66.95 Td (professional ) Tj ET Q q 0 0 0 rg BT 211.12 66.95 Td (training ) Tj ET Q q 0 0 0 rg BT 243.50 66.95 Td (programs, ) Tj ET Q q 0 0 0 rg BT 286.87 66.95 Td (attrition ) Tj ET Q q 0 0 0 rg BT 319.24 66.95 Td (rates ) Tj ET Q q 0 0 0 rg BT 342.10 66.95 Td (and ) Tj ET Q q 0 0 0 rg BT 359.98 66.95 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 412.85 66.95 Td (programs ) Tj ET Q q 0 0 0 rg BT 453.72 66.95 Td (appropriately) Tj ET Q q 0 0 0 rg BT 505.09 66.95 Td (. ) Tj ET Q q 0 0 0 rg BT 510.26 66.95 Td (T) Tj ET Q q 0 0 0 rg BT 514.76 66.95 Td (o ) Tj ET Q q 0 0 0 rg BT 522.62 66.95 Td (the ) Tj ET Q q 0 0 0 rg BT 537.99 66.95 Td (extent ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 53.45 Td (that ) Tj ET Q q 0 0 0 rg BT 89.14 53.45 Td (we ) Tj ET Q q 0 0 0 rg BT 102.78 53.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 116.41 53.45 Td (to ) Tj ET Q q 0 0 0 rg BT 126.05 53.45 Td (do ) Tj ET Q q 0 0 0 rg BT 138.19 53.45 Td (so, ) Tj ET Q q 0 0 0 rg BT 152.33 53.45 Td (or ) Tj ET Q q 0 0 0 rg BT 162.46 53.45 Td (to ) Tj ET Q q 0 0 0 rg BT 172.10 53.45 Td (the ) Tj ET Q q 0 0 0 rg BT 186.74 53.45 Td (extent ) Tj ET Q q 0 0 0 rg BT 213.38 53.45 Td (that ) Tj ET Q q 0 0 0 rg BT 230.53 53.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 250.66 53.45 Td (and ) Tj ET Q q 0 0 0 rg BT 267.81 53.45 Td (regulations ) Tj ET Q q 0 0 0 rg BT 313.97 53.45 Td (restrict ) Tj ET Q q 0 0 0 rg BT 343.10 53.45 Td (our ) Tj ET Q q 0 0 0 rg BT 358.24 53.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 383.38 53.45 Td (to ) Tj ET Q q 0 0 0 rg BT 393.01 53.45 Td (do ) Tj ET Q q 0 0 0 rg BT 405.15 53.45 Td (so, ) Tj ET Q q 0 0 0 rg BT 419.29 53.45 Td (our ) Tj ET Q q 0 0 0 rg BT 434.43 53.45 Td (utilization ) Tj ET Q q 0 0 0 rg BT 474.08 53.45 Td (rates ) Tj ET Q q 0 0 0 rg BT 496.22 53.45 Td (may ) Tj ET Q q 0 0 0 rg BT 515.35 53.45 Td (be ) Tj ET Q q 0 0 0 rg BT 527.49 53.45 Td (reduced; ) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (43) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (thereby ) Tj ET Q q 0 0 0 rg BT 104.58 708.95 Td (having ) Tj ET Q q 0 0 0 rg BT 133.67 708.95 Td (an ) Tj ET Q q 0 0 0 rg BT 146.25 708.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 175.32 708.95 Td (on ) Tj ET Q q 0 0 0 rg BT 187.90 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 203.47 708.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 238.56 708.95 Td (and ) Tj ET Q q 0 0 0 rg BT 256.14 708.95 Td (profitability) Tj ET Q q 0 0 0 rg BT 298.49 708.95 Td (. ) Tj ET Q q 0 0 0 rg BT 303.56 708.95 Td (Conversely) Tj ET Q q 0 0 0 rg BT 347.91 708.95 Td (, ) Tj ET Q q 0 0 0 rg BT 352.97 708.95 Td (we ) Tj ET Q q 0 0 0 rg BT 367.04 708.95 Td (may ) Tj ET Q q 0 0 0 rg BT 386.61 708.95 Td (find ) Tj ET Q q 0 0 0 rg BT 403.69 708.95 Td (that ) Tj ET Q q 0 0 0 rg BT 421.26 708.95 Td (we ) Tj ET Q q 0 0 0 rg BT 435.33 708.95 Td (do ) Tj ET Q q 0 0 0 rg BT 447.91 708.95 Td (not ) Tj ET Q q 0 0 0 rg BT 462.99 708.95 Td (have ) Tj ET Q q 0 0 0 rg BT 485.07 708.95 Td (suf) Tj ET Q q 0 0 0 rg BT 496.91 708.95 Td (ficient ) Tj ET Q q 0 0 0 rg BT 522.99 708.95 Td (resources ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 82.01 695.45 Td (deploy ) Tj ET Q q 0 0 0 rg BT 111.03 695.45 Td (against ) Tj ET Q q 0 0 0 rg BT 142.55 695.45 Td (new ) Tj ET Q q 0 0 0 rg BT 161.56 695.45 Td (business ) Tj ET Q q 0 0 0 rg BT 199.58 695.45 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 253.62 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 263.12 695.45 Td (which ) Tj ET Q q 0 0 0 rg BT 288.63 695.45 Td (case ) Tj ET Q q 0 0 0 rg BT 310.14 695.45 Td (our ) Tj ET Q q 0 0 0 rg BT 325.65 695.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 351.16 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 361.17 695.45 Td (grow ) Tj ET Q q 0 0 0 rg BT 383.18 695.45 Td (our ) Tj ET Q q 0 0 0 rg BT 398.69 695.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 433.71 695.45 Td (would ) Tj ET Q q 0 0 0 rg BT 459.73 695.45 Td (suf) Tj ET Q q 0 0 0 rg BT 471.57 695.45 Td (fer) Tj ET Q q 0 0 0 rg BT 481.57 695.45 Td (.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 671.666796875 m 168.04248046875 671.666796875 l s q 0 0 0 rg BT 72.00 672.95 Td (Client ) Tj ET Q q 0 0 0 rg BT 97.51 672.95 Td (concentration ) Tj ET Q q 0 0 0 rg BT 154.05 672.95 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 653.45 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 653.45 Td (e ) Tj ET Q q 0 0 0 rg BT 87.75 653.45 Td (derive ) Tj ET Q q 0 0 0 rg BT 114.68 653.45 Td (a ) Tj ET Q q 0 0 0 rg BT 122.09 653.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 164.53 653.45 Td (portion ) Tj ET Q q 0 0 0 rg BT 194.46 653.45 Td (of ) Tj ET Q q 0 0 0 rg BT 204.38 653.45 Td (our ) Tj ET Q q 0 0 0 rg BT 219.80 653.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 254.73 653.45 Td (from ) Tj ET Q q 0 0 0 rg BT 275.15 653.45 Td (the ) Tj ET Q q 0 0 0 rg BT 290.07 653.45 Td (services ) Tj ET Q q 0 0 0 rg BT 325.49 653.45 Td (we ) Tj ET Q q 0 0 0 rg BT 339.41 653.45 Td (provide ) Tj ET Q q 0 0 0 rg BT 371.34 653.45 Td (to ) Tj ET Q q 0 0 0 rg BT 381.26 653.45 Td (various ) Tj ET Q q 0 0 0 rg BT 412.68 653.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 432.60 653.45 Td (federal ) Tj ET Q q 0 0 0 rg BT 462.53 653.45 Td (government ) Tj ET Q q 0 0 0 rg BT 512.47 653.45 Td (departments ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.84 639.95 Td (agencies. ) Tj ET Q q 0 0 0 rg BT 131.18 639.95 Td (W) Tj ET Q q 0 0 0 rg BT 139.51 639.95 Td (e ) Tj ET Q q 0 0 0 rg BT 147.34 639.95 Td (expect ) Tj ET Q q 0 0 0 rg BT 176.67 639.95 Td (that ) Tj ET Q q 0 0 0 rg BT 194.51 639.95 Td (this ) Tj ET Q q 0 0 0 rg BT 211.33 639.95 Td (will ) Tj ET Q q 0 0 0 rg BT 226.65 639.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 263.49 639.95 Td (for ) Tj ET Q q 0 0 0 rg BT 276.82 639.95 Td (the ) Tj ET Q q 0 0 0 rg BT 292.15 639.95 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 342.00 639.95 Td (future. ) Tj ET Q q 0 0 0 rg BT 370.15 639.95 Td (There ) Tj ET Q q 0 0 0 rg BT 396.48 639.95 Td (can ) Tj ET Q q 0 0 0 rg BT 413.81 639.95 Td (be, ) Tj ET Q q 0 0 0 rg BT 429.14 639.95 Td (however) Tj ET Q q 0 0 0 rg BT 462.66 639.95 Td (, ) Tj ET Q q 0 0 0 rg BT 467.98 639.95 Td (no ) Tj ET Q q 0 0 0 rg BT 480.81 639.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 525.16 639.95 Td (that ) Tj ET Q q 0 0 0 rg BT 542.99 639.95 Td (each ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (such ) Tj ET Q q 0 0 0 rg BT 93.55 626.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 113.59 626.45 Td (federal ) Tj ET Q q 0 0 0 rg BT 143.64 626.45 Td (government ) Tj ET Q q 0 0 0 rg BT 193.70 626.45 Td (department ) Tj ET Q q 0 0 0 rg BT 241.77 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 259.32 626.45 Td (agency ) Tj ET Q q 0 0 0 rg BT 290.88 626.45 Td (will ) Tj ET Q q 0 0 0 rg BT 305.91 626.45 Td (continue ) Tj ET Q q 0 0 0 rg BT 342.47 626.45 Td (to ) Tj ET Q q 0 0 0 rg BT 352.52 626.45 Td (utilize ) Tj ET Q q 0 0 0 rg BT 378.06 626.45 Td (our ) Tj ET Q q 0 0 0 rg BT 393.61 626.45 Td (services ) Tj ET Q q 0 0 0 rg BT 429.15 626.45 Td (to ) Tj ET Q q 0 0 0 rg BT 439.19 626.45 Td (the ) Tj ET Q q 0 0 0 rg BT 454.24 626.45 Td (same ) Tj ET Q q 0 0 0 rg BT 478.78 626.45 Td (extent, ) Tj ET Q q 0 0 0 rg BT 508.34 626.45 Td (or ) Tj ET Q q 0 0 0 rg BT 518.88 626.45 Td (at ) Tj ET Q q 0 0 0 rg BT 528.92 626.45 Td (all ) Tj ET Q q 0 0 0 rg BT 540.46 626.45 Td (in ) Tj ET Q q 0 0 0 rg BT 550.00 626.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 612.95 Td (future. ) Tj ET Q q 0 0 0 rg BT 99.40 612.95 Td (In ) Tj ET Q q 0 0 0 rg BT 108.80 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 123.19 612.95 Td (event ) Tj ET Q q 0 0 0 rg BT 147.10 612.95 Td (that ) Tj ET Q q 0 0 0 rg BT 164.00 612.95 Td (a ) Tj ET Q q 0 0 0 rg BT 170.89 612.95 Td (major ) Tj ET Q q 0 0 0 rg BT 195.28 612.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 214.67 612.95 Td (federal ) Tj ET Q q 0 0 0 rg BT 244.08 612.95 Td (government ) Tj ET Q q 0 0 0 rg BT 293.50 612.95 Td (department ) Tj ET Q q 0 0 0 rg BT 340.91 612.95 Td (or ) Tj ET Q q 0 0 0 rg BT 350.80 612.95 Td (agency ) Tj ET Q q 0 0 0 rg BT 381.71 612.95 Td (were ) Tj ET Q q 0 0 0 rg BT 403.10 612.95 Td (to ) Tj ET Q q 0 0 0 rg BT 412.50 612.95 Td (limit, ) Tj ET Q q 0 0 0 rg BT 432.88 612.95 Td (reduce, ) Tj ET Q q 0 0 0 rg BT 464.79 612.95 Td (or ) Tj ET Q q 0 0 0 rg BT 474.68 612.95 Td (eliminate ) Tj ET Q q 0 0 0 rg BT 512.58 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 526.98 612.95 Td (business ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 599.45 Td (it ) Tj ET Q q 0 0 0 rg BT 79.21 599.45 Td (awards ) Tj ET Q q 0 0 0 rg BT 110.94 599.45 Td (to ) Tj ET Q q 0 0 0 rg BT 121.16 599.45 Td (us, ) Tj ET Q q 0 0 0 rg BT 135.88 599.45 Td (we ) Tj ET Q q 0 0 0 rg BT 150.10 599.45 Td (might ) Tj ET Q q 0 0 0 rg BT 174.82 599.45 Td (be ) Tj ET Q q 0 0 0 rg BT 187.55 599.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 217.29 599.45 Td (to ) Tj ET Q q 0 0 0 rg BT 227.51 599.45 Td (recover ) Tj ET Q q 0 0 0 rg BT 260.23 599.45 Td (the ) Tj ET Q q 0 0 0 rg BT 275.46 599.45 Td (lost ) Tj ET Q q 0 0 0 rg BT 292.18 599.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 327.42 599.45 Td (with ) Tj ET Q q 0 0 0 rg BT 346.14 599.45 Td (work ) Tj ET Q q 0 0 0 rg BT 367.85 599.45 Td (from ) Tj ET Q q 0 0 0 rg BT 388.57 599.45 Td (other ) Tj ET Q q 0 0 0 rg BT 411.80 599.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 432.01 599.45 Td (federal ) Tj ET Q q 0 0 0 rg BT 462.25 599.45 Td (government ) Tj ET Q q 0 0 0 rg BT 512.49 599.45 Td (departments ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 585.95 Td (or ) Tj ET Q q 0 0 0 rg BT 82.90 585.95 Td (agencies ) Tj ET Q q 0 0 0 rg BT 121.82 585.95 Td (or ) Tj ET Q q 0 0 0 rg BT 132.72 585.95 Td (other ) Tj ET Q q 0 0 0 rg BT 156.13 585.95 Td (clients, ) Tj ET Q q 0 0 0 rg BT 187.04 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 204.95 585.95 Td (our ) Tj ET Q q 0 0 0 rg BT 220.85 585.95 Td (business, ) Tj ET Q q 0 0 0 rg BT 261.77 585.95 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 306.18 585.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 342.10 585.95 Td (condition ) Tj ET Q q 0 0 0 rg BT 381.02 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 398.94 585.95 Td (operating ) Tj ET Q q 0 0 0 rg BT 439.36 585.95 Td (results ) Tj ET Q q 0 0 0 rg BT 468.76 585.95 Td (could ) Tj ET Q q 0 0 0 rg BT 493.18 585.95 Td (be ) Tj ET Q q 0 0 0 rg BT 506.08 585.95 Td (materially ) Tj ET Q q 0 0 0 rg BT 547.49 585.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 572.45 Td (adversely ) Tj ET Q q 0 0 0 rg BT 112.86 572.45 Td (af) Tj ET Q q 0 0 0 rg BT 120.21 572.45 Td (fected. ) Tj ET Q q 0 0 0 rg BT 149.10 572.45 Td (Although ) Tj ET Q q 0 0 0 rg BT 186.98 572.45 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 209.82 572.45 Td (considers ) Tj ET Q q 0 0 0 rg BT 250.68 572.45 Td (a ) Tj ET Q q 0 0 0 rg BT 258.03 572.45 Td (national ) Tj ET Q q 0 0 0 rg BT 291.90 572.45 Td (government ) Tj ET Q q 0 0 0 rg BT 341.77 572.45 Td (and ) Tj ET Q q 0 0 0 rg BT 359.13 572.45 Td (its ) Tj ET Q q 0 0 0 rg BT 370.48 572.45 Td (departments ) Tj ET Q q 0 0 0 rg BT 422.85 572.45 Td (and ) Tj ET Q q 0 0 0 rg BT 440.21 572.45 Td (agencies ) Tj ET Q q 0 0 0 rg BT 478.58 572.45 Td (as ) Tj ET Q q 0 0 0 rg BT 490.43 572.45 Td (a ) Tj ET Q q 0 0 0 rg BT 497.78 572.45 Td (single ) Tj ET Q q 0 0 0 rg BT 523.64 572.45 Td (client, ) Tj ET Q q 0 0 0 rg BT 549.50 572.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 558.95 Td (client ) Tj ET Q q 0 0 0 rg BT 95.45 558.95 Td (base ) Tj ET Q q 0 0 0 rg BT 117.41 558.95 Td (in ) Tj ET Q q 0 0 0 rg BT 126.86 558.95 Td (the ) Tj ET Q q 0 0 0 rg BT 141.81 558.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 161.76 558.95 Td (government ) Tj ET Q q 0 0 0 rg BT 211.72 558.95 Td (economic ) Tj ET Q q 0 0 0 rg BT 252.68 558.95 Td (sector ) Tj ET Q q 0 0 0 rg BT 279.63 558.95 Td (is ) Tj ET Q q 0 0 0 rg BT 288.58 558.95 Td (in ) Tj ET Q q 0 0 0 rg BT 298.02 558.95 Td (fact ) Tj ET Q q 0 0 0 rg BT 314.97 558.95 Td (diversified ) Tj ET Q q 0 0 0 rg BT 357.93 558.95 Td (with ) Tj ET Q q 0 0 0 rg BT 376.38 558.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 415.33 558.95 Td (from ) Tj ET Q q 0 0 0 rg BT 435.77 558.95 Td (many ) Tj ET Q q 0 0 0 rg BT 460.22 558.95 Td (dif) Tj ET Q q 0 0 0 rg BT 469.57 558.95 Td (ferent ) Tj ET Q q 0 0 0 rg BT 495.02 558.95 Td (departments ) Tj ET Q q 0 0 0 rg BT 547.49 558.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 545.45 Td (agencies.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 521.666796875 m 176.04052734375 521.666796875 l s q 0 0 0 rg BT 72.00 522.95 Td (Government ) Tj ET Q q 0 0 0 rg BT 124.02 522.95 Td (business ) Tj ET Q q 0 0 0 rg BT 162.04 522.95 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 503.45 Td (Changes ) Tj ET Q q 0 0 0 rg BT 109.60 503.45 Td (in ) Tj ET Q q 0 0 0 rg BT 118.18 503.45 Td (government ) Tj ET Q q 0 0 0 rg BT 167.29 503.45 Td (spending ) Tj ET Q q 0 0 0 rg BT 205.39 503.45 Td (policies ) Tj ET Q q 0 0 0 rg BT 236.99 503.45 Td (or ) Tj ET Q q 0 0 0 rg BT 246.56 503.45 Td (budget ) Tj ET Q q 0 0 0 rg BT 275.67 503.45 Td (priorities ) Tj ET Q q 0 0 0 rg BT 311.25 503.45 Td (could ) Tj ET Q q 0 0 0 rg BT 334.34 503.45 Td (directly ) Tj ET Q q 0 0 0 rg BT 364.43 503.45 Td (af) Tj ET Q q 0 0 0 rg BT 371.77 503.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 387.85 503.45 Td (our ) Tj ET Q q 0 0 0 rg BT 402.44 503.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 437.03 503.45 Td (performance. ) Tj ET Q q 0 0 0 rg BT 491.32 503.45 Td (Among ) Tj ET Q q 0 0 0 rg BT 521.41 503.45 Td (the ) Tj ET Q q 0 0 0 rg BT 535.50 503.45 Td (factors ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 489.95 Td (that ) Tj ET Q q 0 0 0 rg BT 89.47 489.95 Td (could ) Tj ET Q q 0 0 0 rg BT 113.44 489.95 Td (harm ) Tj ET Q q 0 0 0 rg BT 136.40 489.95 Td (our ) Tj ET Q q 0 0 0 rg BT 151.87 489.95 Td (government ) Tj ET Q q 0 0 0 rg BT 201.85 489.95 Td (contracting ) Tj ET Q q 0 0 0 rg BT 248.33 489.95 Td (business ) Tj ET Q q 0 0 0 rg BT 286.31 489.95 Td (are: ) Tj ET Q q 0 0 0 rg BT 304.27 489.95 Td (the ) Tj ET Q q 0 0 0 rg BT 319.24 489.95 Td (curtailment ) Tj ET Q q 0 0 0 rg BT 365.71 489.95 Td (of ) Tj ET Q q 0 0 0 rg BT 375.68 489.95 Td (governments) Tj ET Q q 0 0 0 rg BT 429.37 489.95 Td ( ) Tj ET Q q 0 0 0 rg BT 431.82 489.95 Td (use ) Tj ET Q q 0 0 0 rg BT 448.79 489.95 Td (of ) Tj ET Q q 0 0 0 rg BT 458.75 489.95 Td (consulting ) Tj ET Q q 0 0 0 rg BT 501.74 489.95 Td (and ) Tj ET Q q 0 0 0 rg BT 519.21 489.95 Td (IT) Tj ET Q q 0 0 0 rg BT 527.04 489.95 Td ( ) Tj ET Q q 0 0 0 rg BT 529.50 489.95 Td (services ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 476.45 Td (firms; ) Tj ET Q q 0 0 0 rg BT 96.76 476.45 Td (a ) Tj ET Q q 0 0 0 rg BT 104.53 476.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 147.31 476.45 Td (decline ) Tj ET Q q 0 0 0 rg BT 178.60 476.45 Td (in ) Tj ET Q q 0 0 0 rg BT 188.37 476.45 Td (spending ) Tj ET Q q 0 0 0 rg BT 227.66 476.45 Td (by ) Tj ET Q q 0 0 0 rg BT 239.93 476.45 Td (governments ) Tj ET Q q 0 0 0 rg BT 294.72 476.45 Td (in ) Tj ET Q q 0 0 0 rg BT 304.49 476.45 Td (general, ) Tj ET Q q 0 0 0 rg BT 339.78 476.45 Td (or ) Tj ET Q q 0 0 0 rg BT 350.55 476.45 Td (by ) Tj ET Q q 0 0 0 rg BT 362.82 476.45 Td (specific ) Tj ET Q q 0 0 0 rg BT 395.59 476.45 Td (departments ) Tj ET Q q 0 0 0 rg BT 448.38 476.45 Td (or ) Tj ET Q q 0 0 0 rg BT 459.15 476.45 Td (agencies ) Tj ET Q q 0 0 0 rg BT 497.94 476.45 Td (in ) Tj ET Q q 0 0 0 rg BT 507.71 476.45 Td (particular; ) Tj ET Q q 0 0 0 rg BT 549.99 476.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 462.95 Td (adoption ) Tj ET Q q 0 0 0 rg BT 109.09 462.95 Td (of ) Tj ET Q q 0 0 0 rg BT 119.15 462.95 Td (new ) Tj ET Q q 0 0 0 rg BT 138.22 462.95 Td (legislation ) Tj ET Q q 0 0 0 rg BT 180.80 462.95 Td (and/or ) Tj ET Q q 0 0 0 rg BT 208.87 462.95 Td (actions ) Tj ET Q q 0 0 0 rg BT 239.94 462.95 Td (af) Tj ET Q q 0 0 0 rg BT 247.29 462.95 Td (fecting ) Tj ET Q q 0 0 0 rg BT 276.36 462.95 Td (companies ) Tj ET Q q 0 0 0 rg BT 322.44 462.95 Td (that ) Tj ET Q q 0 0 0 rg BT 340.00 462.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 372.08 462.95 Td (services ) Tj ET Q q 0 0 0 rg BT 407.64 462.95 Td (to ) Tj ET Q q 0 0 0 rg BT 417.70 462.95 Td (governments; ) Tj ET Q q 0 0 0 rg BT 474.79 462.95 Td (delays ) Tj ET Q q 0 0 0 rg BT 503.36 462.95 Td (in ) Tj ET Q q 0 0 0 rg BT 512.92 462.95 Td (the ) Tj ET Q q 0 0 0 rg BT 527.98 462.95 Td (payment ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 449.45 Td (of ) Tj ET Q q 0 0 0 rg BT 81.44 449.45 Td (our ) Tj ET Q q 0 0 0 rg BT 96.38 449.45 Td (invoices ) Tj ET Q q 0 0 0 rg BT 130.83 449.45 Td (by ) Tj ET Q q 0 0 0 rg BT 142.26 449.45 Td (government; ) Tj ET Q q 0 0 0 rg BT 194.22 449.45 Td (and ) Tj ET Q q 0 0 0 rg BT 211.17 449.45 Td (general ) Tj ET Q q 0 0 0 rg BT 243.13 449.45 Td (economic ) Tj ET Q q 0 0 0 rg BT 283.58 449.45 Td (and ) Tj ET Q q 0 0 0 rg BT 300.53 449.45 Td (political ) Tj ET Q q 0 0 0 rg BT 332.48 449.45 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 377.31 449.45 Td (These ) Tj ET Q q 0 0 0 rg BT 404.26 449.45 Td (or ) Tj ET Q q 0 0 0 rg BT 414.19 449.45 Td (other ) Tj ET Q q 0 0 0 rg BT 436.64 449.45 Td (factors ) Tj ET Q q 0 0 0 rg BT 465.58 449.45 Td (could ) Tj ET Q q 0 0 0 rg BT 489.03 449.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 514.98 449.45 Td (government ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 435.95 Td (agencies ) Tj ET Q q 0 0 0 rg BT 110.66 435.95 Td (and ) Tj ET Q q 0 0 0 rg BT 128.31 435.95 Td (departments ) Tj ET Q q 0 0 0 rg BT 180.97 435.95 Td (to ) Tj ET Q q 0 0 0 rg BT 191.10 435.95 Td (reduce ) Tj ET Q q 0 0 0 rg BT 221.26 435.95 Td (their ) Tj ET Q q 0 0 0 rg BT 241.40 435.95 Td (purchases ) Tj ET Q q 0 0 0 rg BT 285.55 435.95 Td (under ) Tj ET Q q 0 0 0 rg BT 311.20 435.95 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 352.85 435.95 Td (to ) Tj ET Q q 0 0 0 rg BT 362.99 435.95 Td (exercise ) Tj ET Q q 0 0 0 rg BT 399.13 435.95 Td (their ) Tj ET Q q 0 0 0 rg BT 419.27 435.95 Td (right ) Tj ET Q q 0 0 0 rg BT 439.41 435.95 Td (to ) Tj ET Q q 0 0 0 rg BT 449.55 435.95 Td (terminate ) Tj ET Q q 0 0 0 rg BT 489.70 435.95 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 531.35 435.95 Td (to ) Tj ET Q q 0 0 0 rg BT 541.49 435.95 Td (issue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 422.45 Td (temporary ) Tj ET Q q 0 0 0 rg BT 114.43 422.45 Td (stop ) Tj ET Q q 0 0 0 rg BT 133.36 422.45 Td (work ) Tj ET Q q 0 0 0 rg BT 154.28 422.45 Td (orders, ) Tj ET Q q 0 0 0 rg BT 184.21 422.45 Td (or ) Tj ET Q q 0 0 0 rg BT 194.12 422.45 Td (not ) Tj ET Q q 0 0 0 rg BT 208.55 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 217.98 422.45 Td (exercise ) Tj ET Q q 0 0 0 rg BT 253.41 422.45 Td (options ) Tj ET Q q 0 0 0 rg BT 284.34 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 293.77 422.45 Td (renew ) Tj ET Q q 0 0 0 rg BT 320.20 422.45 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 361.13 422.45 Td (any ) Tj ET Q q 0 0 0 rg BT 377.56 422.45 Td (of ) Tj ET Q q 0 0 0 rg BT 386.98 422.45 Td (which ) Tj ET Q q 0 0 0 rg BT 411.91 422.45 Td (would ) Tj ET Q q 0 0 0 rg BT 437.34 422.45 Td (cause ) Tj ET Q q 0 0 0 rg BT 463.27 422.45 Td (us ) Tj ET Q q 0 0 0 rg BT 474.69 422.45 Td (to ) Tj ET Q q 0 0 0 rg BT 484.12 422.45 Td (lose ) Tj ET Q q 0 0 0 rg BT 502.54 422.45 Td (future ) Tj ET Q q 0 0 0 rg BT 527.47 422.45 Td (revenue. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 408.95 Td (Government ) Tj ET Q q 0 0 0 rg BT 123.90 408.95 Td (spending ) Tj ET Q q 0 0 0 rg BT 162.82 408.95 Td (reductions ) Tj ET Q q 0 0 0 rg BT 206.72 408.95 Td (or ) Tj ET Q q 0 0 0 rg BT 217.11 408.95 Td (budget ) Tj ET Q q 0 0 0 rg BT 247.02 408.95 Td (cutbacks ) Tj ET Q q 0 0 0 rg BT 284.92 408.95 Td (at ) Tj ET Q q 0 0 0 rg BT 294.80 408.95 Td (these ) Tj ET Q q 0 0 0 rg BT 319.20 408.95 Td (departments ) Tj ET Q q 0 0 0 rg BT 371.61 408.95 Td (or ) Tj ET Q q 0 0 0 rg BT 381.99 408.95 Td (agencies ) Tj ET Q q 0 0 0 rg BT 420.40 408.95 Td (could ) Tj ET Q q 0 0 0 rg BT 444.30 408.95 Td (materially ) Tj ET Q q 0 0 0 rg BT 485.19 408.95 Td (harm ) Tj ET Q q 0 0 0 rg BT 508.08 408.95 Td (our ) Tj ET Q q 0 0 0 rg BT 523.47 408.95 Td (continued ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 395.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 125.02 395.45 Td (under ) Tj ET Q q 0 0 0 rg BT 150.54 395.45 Td (these ) Tj ET Q q 0 0 0 rg BT 175.06 395.45 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 216.58 395.45 Td (or ) Tj ET Q q 0 0 0 rg BT 227.08 395.45 Td (limit ) Tj ET Q q 0 0 0 rg BT 245.58 395.45 Td (the ) Tj ET Q q 0 0 0 rg BT 260.59 395.45 Td (awarding ) Tj ET Q q 0 0 0 rg BT 299.61 395.45 Td (of ) Tj ET Q q 0 0 0 rg BT 309.62 395.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 350.65 395.45 Td (contracts ) Tj ET Q q 0 0 0 rg BT 389.66 395.45 Td (from ) Tj ET Q q 0 0 0 rg BT 410.16 395.45 Td (these ) Tj ET Q q 0 0 0 rg BT 434.68 395.45 Td (agencies.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 371.666796875 m 132.0205078125 371.666796875 l s q 0 0 0 rg BT 72.00 372.95 Td (Regulatory ) Tj ET Q q 0 0 0 rg BT 118.02 372.95 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 353.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 90.07 353.45 Td (global ) Tj ET Q q 0 0 0 rg BT 117.16 353.45 Td (operations ) Tj ET Q q 0 0 0 rg BT 162.25 353.45 Td (require ) Tj ET Q q 0 0 0 rg BT 193.34 353.45 Td (us ) Tj ET Q q 0 0 0 rg BT 205.91 353.45 Td (to ) Tj ET Q q 0 0 0 rg BT 216.48 353.45 Td (be ) Tj ET Q q 0 0 0 rg BT 229.56 353.45 Td (compliant ) Tj ET Q q 0 0 0 rg BT 271.14 353.45 Td (with ) Tj ET Q q 0 0 0 rg BT 290.21 353.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 311.29 353.45 Td (and ) Tj ET Q q 0 0 0 rg BT 329.37 353.45 Td (regulations ) Tj ET Q q 0 0 0 rg BT 376.46 353.45 Td (in ) Tj ET Q q 0 0 0 rg BT 386.54 353.45 Td (many ) Tj ET Q q 0 0 0 rg BT 411.61 353.45 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 461.70 353.45 Td (on ) Tj ET Q q 0 0 0 rg BT 474.77 353.45 Td (matters ) Tj ET Q q 0 0 0 rg BT 507.85 353.45 Td (such ) Tj ET Q q 0 0 0 rg BT 529.92 353.45 Td (as: ) Tj ET Q q 0 0 0 rg BT 545.00 353.45 Td (anti-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 339.95 Td (corruption, ) Tj ET Q q 0 0 0 rg BT 117.51 339.95 Td (trade ) Tj ET Q q 0 0 0 rg BT 141.00 339.95 Td (restrictions, ) Tj ET Q q 0 0 0 rg BT 190.00 339.95 Td (immigration, ) Tj ET Q q 0 0 0 rg BT 241.99 339.95 Td (taxation, ) Tj ET Q q 0 0 0 rg BT 279.00 339.95 Td (securities, ) Tj ET Q q 0 0 0 rg BT 322.50 339.95 Td (antitrust, ) Tj ET Q q 0 0 0 rg BT 360.00 339.95 Td (data ) Tj ET Q q 0 0 0 rg BT 380.50 339.95 Td (privacy ) Tj ET Q q 0 0 0 rg BT 411.99 339.95 Td (and ) Tj ET Q q 0 0 0 rg BT 429.99 339.95 Td (labour ) Tj ET Q q 0 0 0 rg BT 457.99 339.95 Td (relations, ) Tj ET Q q 0 0 0 rg BT 497.49 339.95 Td (amongst ) Tj ET Q q 0 0 0 rg BT 534.99 339.95 Td (others. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 326.45 Td (Complying ) Tj ET Q q 0 0 0 rg BT 117.67 326.45 Td (with ) Tj ET Q q 0 0 0 rg BT 136.82 326.45 Td (these ) Tj ET Q q 0 0 0 rg BT 161.99 326.45 Td (diverse ) Tj ET Q q 0 0 0 rg BT 194.16 326.45 Td (requirements ) Tj ET Q q 0 0 0 rg BT 249.83 326.45 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 293.00 326.45 Td (is ) Tj ET Q q 0 0 0 rg BT 302.65 326.45 Td (a ) Tj ET Q q 0 0 0 rg BT 310.81 326.45 Td (challenge ) Tj ET Q q 0 0 0 rg BT 352.49 326.45 Td (and ) Tj ET Q q 0 0 0 rg BT 370.66 326.45 Td (consumes ) Tj ET Q q 0 0 0 rg BT 414.83 326.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 458.00 326.45 Td (resources. ) Tj ET Q q 0 0 0 rg BT 503.17 326.45 Td (Some ) Tj ET Q q 0 0 0 rg BT 529.83 326.45 Td (of ) Tj ET Q q 0 0 0 rg BT 540.49 326.45 Td (these ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 312.95 Td (laws ) Tj ET Q q 0 0 0 rg BT 92.68 312.95 Td (and ) Tj ET Q q 0 0 0 rg BT 110.37 312.95 Td (regulations ) Tj ET Q q 0 0 0 rg BT 157.07 312.95 Td (may ) Tj ET Q q 0 0 0 rg BT 176.74 312.95 Td (impose ) Tj ET Q q 0 0 0 rg BT 208.43 312.95 Td (conflicting ) Tj ET Q q 0 0 0 rg BT 251.12 312.95 Td (requirements; ) Tj ET Q q 0 0 0 rg BT 308.82 312.95 Td (we ) Tj ET Q q 0 0 0 rg BT 323.00 312.95 Td (may ) Tj ET Q q 0 0 0 rg BT 342.67 312.95 Td (face ) Tj ET Q q 0 0 0 rg BT 362.36 312.95 Td (the ) Tj ET Q q 0 0 0 rg BT 377.54 312.95 Td (absence ) Tj ET Q q 0 0 0 rg BT 414.24 312.95 Td (in ) Tj ET Q q 0 0 0 rg BT 423.92 312.95 Td (some ) Tj ET Q q 0 0 0 rg BT 448.60 312.95 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 498.29 312.95 Td (of ) Tj ET Q q 0 0 0 rg BT 508.47 312.95 Td (ef) Tj ET Q q 0 0 0 rg BT 515.81 312.95 Td (fective ) Tj ET Q q 0 0 0 rg BT 544.49 312.95 Td (laws ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 299.45 Td (and ) Tj ET Q q 0 0 0 rg BT 88.98 299.45 Td (regulations ) Tj ET Q q 0 0 0 rg BT 134.97 299.45 Td (to ) Tj ET Q q 0 0 0 rg BT 144.43 299.45 Td (protect ) Tj ET Q q 0 0 0 rg BT 173.91 299.45 Td (our ) Tj ET Q q 0 0 0 rg BT 188.88 299.45 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 233.36 299.45 Td (property ) Tj ET Q q 0 0 0 rg BT 268.34 299.45 Td (rights; ) Tj ET Q q 0 0 0 rg BT 294.81 299.45 Td (there ) Tj ET Q q 0 0 0 rg BT 317.29 299.45 Td (may ) Tj ET Q q 0 0 0 rg BT 336.25 299.45 Td (be ) Tj ET Q q 0 0 0 rg BT 348.22 299.45 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 393.69 299.45 Td (on ) Tj ET Q q 0 0 0 rg BT 405.66 299.45 Td (the ) Tj ET Q q 0 0 0 rg BT 420.14 299.45 Td (movement ) Tj ET Q q 0 0 0 rg BT 464.11 299.45 Td (of ) Tj ET Q q 0 0 0 rg BT 473.58 299.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 494.55 299.45 Td (and ) Tj ET Q q 0 0 0 rg BT 511.53 299.45 Td (other ) Tj ET Q q 0 0 0 rg BT 534.00 299.45 Td (assets; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 285.95 Td (or ) Tj ET Q q 0 0 0 rg BT 82.49 285.95 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 128.49 285.95 Td (on ) Tj ET Q q 0 0 0 rg BT 140.98 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 155.98 285.95 Td (import ) Tj ET Q q 0 0 0 rg BT 183.47 285.95 Td (and ) Tj ET Q q 0 0 0 rg BT 200.98 285.95 Td (export ) Tj ET Q q 0 0 0 rg BT 228.48 285.95 Td (of ) Tj ET Q q 0 0 0 rg BT 238.47 285.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 267.97 285.95 Td (technologies; ) Tj ET Q q 0 0 0 rg BT 323.49 285.95 Td (or ) Tj ET Q q 0 0 0 rg BT 333.98 285.95 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 379.98 285.95 Td (on ) Tj ET Q q 0 0 0 rg BT 392.48 285.95 Td (the ) Tj ET Q q 0 0 0 rg BT 407.48 285.95 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 454.99 285.95 Td (of ) Tj ET Q q 0 0 0 rg BT 464.98 285.95 Td (earnings ) Tj ET Q q 0 0 0 rg BT 501.99 285.95 Td (and ) Tj ET Q q 0 0 0 rg BT 519.50 285.95 Td (reduce ) Tj ET Q q 0 0 0 rg BT 549.50 285.95 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 272.45 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 111.52 272.45 Td (all ) Tj ET Q q 0 0 0 rg BT 123.03 272.45 Td (of ) Tj ET Q q 0 0 0 rg BT 133.04 272.45 Td (which ) Tj ET Q q 0 0 0 rg BT 158.55 272.45 Td (may ) Tj ET Q q 0 0 0 rg BT 178.05 272.45 Td (expose ) Tj ET Q q 0 0 0 rg BT 209.57 272.45 Td (us ) Tj ET Q q 0 0 0 rg BT 221.58 272.45 Td (to ) Tj ET Q q 0 0 0 rg BT 231.58 272.45 Td (penalties ) Tj ET Q q 0 0 0 rg BT 270.11 272.45 Td (for ) Tj ET Q q 0 0 0 rg BT 283.11 272.45 Td (non-compliance ) Tj ET Q q 0 0 0 rg BT 349.15 272.45 Td (and ) Tj ET Q q 0 0 0 rg BT 366.67 272.45 Td (harm ) Tj ET Q q 0 0 0 rg BT 389.67 272.45 Td (our ) Tj ET Q q 0 0 0 rg BT 405.18 272.45 Td (reputation.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 252.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.81 252.95 Td (business ) Tj ET Q q 0 0 0 rg BT 128.14 252.95 Td (with ) Tj ET Q q 0 0 0 rg BT 146.96 252.95 Td (the ) Tj ET Q q 0 0 0 rg BT 162.28 252.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 182.59 252.95 Td (federal ) Tj ET Q q 0 0 0 rg BT 212.92 252.95 Td (government ) Tj ET Q q 0 0 0 rg BT 263.26 252.95 Td (departments ) Tj ET Q q 0 0 0 rg BT 316.09 252.95 Td (and ) Tj ET Q q 0 0 0 rg BT 333.92 252.95 Td (agencies ) Tj ET Q q 0 0 0 rg BT 372.75 252.95 Td (requires ) Tj ET Q q 0 0 0 rg BT 408.08 252.95 Td (that ) Tj ET Q q 0 0 0 rg BT 425.90 252.95 Td (we ) Tj ET Q q 0 0 0 rg BT 440.21 252.95 Td (comply ) Tj ET Q q 0 0 0 rg BT 471.53 252.95 Td (with ) Tj ET Q q 0 0 0 rg BT 490.35 252.95 Td (complex ) Tj ET Q q 0 0 0 rg BT 526.67 252.95 Td (laws ) Tj ET Q q 0 0 0 rg BT 547.48 252.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 239.45 Td (regulations ) Tj ET Q q 0 0 0 rg BT 118.68 239.45 Td (relating ) Tj ET Q q 0 0 0 rg BT 150.85 239.45 Td (to ) Tj ET Q q 0 0 0 rg BT 161.01 239.45 Td (government ) Tj ET Q q 0 0 0 rg BT 211.19 239.45 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 252.68 239.45 Td (These ) Tj ET Q q 0 0 0 rg BT 280.35 239.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 301.00 239.45 Td (and ) Tj ET Q q 0 0 0 rg BT 318.67 239.45 Td (regulations ) Tj ET Q q 0 0 0 rg BT 365.35 239.45 Td (relate ) Tj ET Q q 0 0 0 rg BT 390.52 239.45 Td (to ) Tj ET Q q 0 0 0 rg BT 400.67 239.45 Td (the ) Tj ET Q q 0 0 0 rg BT 415.84 239.45 Td (integrity ) Tj ET Q q 0 0 0 rg BT 450.00 239.45 Td (of ) Tj ET Q q 0 0 0 rg BT 460.16 239.45 Td (the ) Tj ET Q q 0 0 0 rg BT 475.32 239.45 Td (procurement ) Tj ET Q q 0 0 0 rg BT 528.50 239.45 Td (process, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 225.95 Td (impose ) Tj ET Q q 0 0 0 rg BT 102.93 225.95 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 145.37 225.95 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 202.31 225.95 Td (and ) Tj ET Q q 0 0 0 rg BT 219.24 225.95 Td (address ) Tj ET Q q 0 0 0 rg BT 253.18 225.95 Td (national ) Tj ET Q q 0 0 0 rg BT 286.62 225.95 Td (security ) Tj ET Q q 0 0 0 rg BT 319.55 225.95 Td (concerns, ) Tj ET Q q 0 0 0 rg BT 360.49 225.95 Td (among ) Tj ET Q q 0 0 0 rg BT 389.92 225.95 Td (other ) Tj ET Q q 0 0 0 rg BT 412.35 225.95 Td (matters. ) Tj ET Q q 0 0 0 rg BT 446.78 225.95 Td (For ) Tj ET Q q 0 0 0 rg BT 462.20 225.95 Td (instance, ) Tj ET Q q 0 0 0 rg BT 500.14 225.95 Td (we ) Tj ET Q q 0 0 0 rg BT 513.56 225.95 Td (are ) Tj ET Q q 0 0 0 rg BT 528.48 225.95 Td (routinely ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 212.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 103.71 212.45 Td (to ) Tj ET Q q 0 0 0 rg BT 114.42 212.45 Td (audits ) Tj ET Q q 0 0 0 rg BT 141.63 212.45 Td (by ) Tj ET Q q 0 0 0 rg BT 154.33 212.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 175.04 212.45 Td (government ) Tj ET Q q 0 0 0 rg BT 225.76 212.45 Td (departments ) Tj ET Q q 0 0 0 rg BT 278.99 212.45 Td (and ) Tj ET Q q 0 0 0 rg BT 297.20 212.45 Td (agencies ) Tj ET Q q 0 0 0 rg BT 336.42 212.45 Td (with ) Tj ET Q q 0 0 0 rg BT 355.63 212.45 Td (respect ) Tj ET Q q 0 0 0 rg BT 388.34 212.45 Td (to ) Tj ET Q q 0 0 0 rg BT 399.04 212.45 Td (compliance ) Tj ET Q q 0 0 0 rg BT 447.76 212.45 Td (with ) Tj ET Q q 0 0 0 rg BT 466.96 212.45 Td (these ) Tj ET Q q 0 0 0 rg BT 492.18 212.45 Td (rules. ) Tj ET Q q 0 0 0 rg BT 517.38 212.45 Td (If ) Tj ET Q q 0 0 0 rg BT 525.58 212.45 Td (we ) Tj ET Q q 0 0 0 rg BT 540.29 212.45 Td (fail ) Tj ET Q q 0 0 0 rg BT 554.99 212.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 198.95 Td (comply ) Tj ET Q q 0 0 0 rg BT 102.02 198.95 Td (with ) Tj ET Q q 0 0 0 rg BT 119.55 198.95 Td (these ) Tj ET Q q 0 0 0 rg BT 143.08 198.95 Td (requirements ) Tj ET Q q 0 0 0 rg BT 197.12 198.95 Td (we ) Tj ET Q q 0 0 0 rg BT 210.15 198.95 Td (may ) Tj ET Q q 0 0 0 rg BT 228.67 198.95 Td (incur ) Tj ET Q q 0 0 0 rg BT 249.69 198.95 Td (penalties ) Tj ET Q q 0 0 0 rg BT 287.23 198.95 Td (and ) Tj ET Q q 0 0 0 rg BT 303.77 198.95 Td (sanctions, ) Tj ET Q q 0 0 0 rg BT 345.81 198.95 Td (including ) Tj ET Q q 0 0 0 rg BT 382.85 198.95 Td (contract ) Tj ET Q q 0 0 0 rg BT 416.38 198.95 Td (termination, ) Tj ET Q q 0 0 0 rg BT 464.92 198.95 Td (suspension ) Tj ET Q q 0 0 0 rg BT 511.97 198.95 Td (of ) Tj ET Q q 0 0 0 rg BT 520.99 198.95 Td (payments, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 185.45 Td (suspension ) Tj ET Q q 0 0 0 rg BT 120.03 185.45 Td (or ) Tj ET Q q 0 0 0 rg BT 130.54 185.45 Td (debarment ) Tj ET Q q 0 0 0 rg BT 176.06 185.45 Td (from ) Tj ET Q q 0 0 0 rg BT 196.56 185.45 Td (doing ) Tj ET Q q 0 0 0 rg BT 221.08 185.45 Td (business ) Tj ET Q q 0 0 0 rg BT 259.11 185.45 Td (with ) Tj ET Q q 0 0 0 rg BT 277.61 185.45 Td (the ) Tj ET Q q 0 0 0 rg BT 292.62 185.45 Td (federal ) Tj ET Q q 0 0 0 rg BT 322.64 185.45 Td (government, ) Tj ET Q q 0 0 0 rg BT 375.17 185.45 Td (and ) Tj ET Q q 0 0 0 rg BT 392.69 185.45 Td (fines.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 161.66679687500005 m 215.5693359375 161.66679687500005 l s q 0 0 0 rg BT 72.00 162.95 Td (Legal ) Tj ET Q q 0 0 0 rg BT 96.52 162.95 Td (claims ) Tj ET Q q 0 0 0 rg BT 124.52 162.95 Td (made ) Tj ET Q q 0 0 0 rg BT 149.54 162.95 Td (against ) Tj ET Q q 0 0 0 rg BT 181.06 162.95 Td (our ) Tj ET Q q 0 0 0 rg BT 196.57 162.95 Td (work) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 143.45 Td (W) Tj ET Q q 0 0 0 rg BT 80.33 143.45 Td (e ) Tj ET Q q 0 0 0 rg BT 87.78 143.45 Td (create, ) Tj ET Q q 0 0 0 rg BT 117.75 143.45 Td (implement ) Tj ET Q q 0 0 0 rg BT 161.71 143.45 Td (and ) Tj ET Q q 0 0 0 rg BT 179.17 143.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 215.63 143.45 Td (IT) Tj ET Q q 0 0 0 rg BT 223.47 143.45 Td ( ) Tj ET Q q 0 0 0 rg BT 225.92 143.45 Td (solutions ) Tj ET Q q 0 0 0 rg BT 263.88 143.45 Td (that ) Tj ET Q q 0 0 0 rg BT 281.34 143.45 Td (are ) Tj ET Q q 0 0 0 rg BT 296.80 143.45 Td (often ) Tj ET Q q 0 0 0 rg BT 319.26 143.45 Td (critical ) Tj ET Q q 0 0 0 rg BT 347.21 143.45 Td (to ) Tj ET Q q 0 0 0 rg BT 357.16 143.45 Td (the ) Tj ET Q q 0 0 0 rg BT 372.12 143.45 Td (operations ) Tj ET Q q 0 0 0 rg BT 416.60 143.45 Td (of ) Tj ET Q q 0 0 0 rg BT 426.55 143.45 Td (our ) Tj ET Q q 0 0 0 rg BT 442.00 143.45 Td (clients) Tj ET Q q 0 0 0 rg BT 469.18 143.45 Td ( ) Tj ET Q q 0 0 0 rg BT 471.63 143.45 Td (business. ) Tj ET Q q 0 0 0 rg BT 512.09 143.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 529.54 143.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 555.00 143.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 129.95 Td (complete ) Tj ET Q q 0 0 0 rg BT 110.61 129.95 Td (large ) Tj ET Q q 0 0 0 rg BT 132.71 129.95 Td (projects ) Tj ET Q q 0 0 0 rg BT 166.32 129.95 Td (as ) Tj ET Q q 0 0 0 rg BT 177.91 129.95 Td (expected ) Tj ET Q q 0 0 0 rg BT 216.53 129.95 Td (could ) Tj ET Q q 0 0 0 rg BT 240.13 129.95 Td (be ) Tj ET Q q 0 0 0 rg BT 252.24 129.95 Td (adversely ) Tj ET Q q 0 0 0 rg BT 292.84 129.95 Td (af) Tj ET Q q 0 0 0 rg BT 300.19 129.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 326.79 129.95 Td (by ) Tj ET Q q 0 0 0 rg BT 338.39 129.95 Td (unanticipated ) Tj ET Q q 0 0 0 rg BT 394.02 129.95 Td (delays, ) Tj ET Q q 0 0 0 rg BT 424.63 129.95 Td (renegotiations, ) Tj ET Q q 0 0 0 rg BT 485.76 129.95 Td (and ) Tj ET Q q 0 0 0 rg BT 502.87 129.95 Td (changing ) Tj ET Q q 0 0 0 rg BT 541.49 129.95 Td (client ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 116.45 Td (requirements ) Tj ET Q q 0 0 0 rg BT 126.88 116.45 Td (or ) Tj ET Q q 0 0 0 rg BT 137.24 116.45 Td (project ) Tj ET Q q 0 0 0 rg BT 166.62 116.45 Td (delays. ) Tj ET Q q 0 0 0 rg BT 197.02 116.45 Td (Also, ) Tj ET Q q 0 0 0 rg BT 219.39 116.45 Td (our ) Tj ET Q q 0 0 0 rg BT 234.76 116.45 Td (solutions ) Tj ET Q q 0 0 0 rg BT 272.64 116.45 Td (may ) Tj ET Q q 0 0 0 rg BT 292.00 116.45 Td (suf) Tj ET Q q 0 0 0 rg BT 303.84 116.45 Td (fer ) Tj ET Q q 0 0 0 rg BT 316.70 116.45 Td (from ) Tj ET Q q 0 0 0 rg BT 337.06 116.45 Td (defects ) Tj ET Q q 0 0 0 rg BT 368.44 116.45 Td (that ) Tj ET Q q 0 0 0 rg BT 385.81 116.45 Td (adversely ) Tj ET Q q 0 0 0 rg BT 426.69 116.45 Td (af) Tj ET Q q 0 0 0 rg BT 434.03 116.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 450.89 116.45 Td (their ) Tj ET Q q 0 0 0 rg BT 470.76 116.45 Td (performance; ) Tj ET Q q 0 0 0 rg BT 526.14 116.45 Td (they ) Tj ET Q q 0 0 0 rg BT 545.51 116.45 Td (may ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 102.95 Td (not ) Tj ET Q q 0 0 0 rg BT 87.13 102.95 Td (meet ) Tj ET Q q 0 0 0 rg BT 109.75 102.95 Td (our ) Tj ET Q q 0 0 0 rg BT 125.38 102.95 Td (clients) Tj ET Q q 0 0 0 rg BT 152.56 102.95 Td ( ) Tj ET Q q 0 0 0 rg BT 155.17 102.95 Td (requirements ) Tj ET Q q 0 0 0 rg BT 210.31 102.95 Td (or ) Tj ET Q q 0 0 0 rg BT 220.94 102.95 Td (may ) Tj ET Q q 0 0 0 rg BT 240.56 102.95 Td (fail ) Tj ET Q q 0 0 0 rg BT 254.68 102.95 Td (to ) Tj ET Q q 0 0 0 rg BT 264.80 102.95 Td (perform ) Tj ET Q q 0 0 0 rg BT 298.43 102.95 Td (in ) Tj ET Q q 0 0 0 rg BT 308.05 102.95 Td (accordance ) Tj ET Q q 0 0 0 rg BT 357.20 102.95 Td (with ) Tj ET Q q 0 0 0 rg BT 375.82 102.95 Td (applicable ) Tj ET Q q 0 0 0 rg BT 418.97 102.95 Td (service ) Tj ET Q q 0 0 0 rg BT 450.09 102.95 Td (levels. ) Tj ET Q q 0 0 0 rg BT 478.22 102.95 Td (Such ) Tj ET Q q 0 0 0 rg BT 501.35 102.95 Td (problems ) Tj ET Q q 0 0 0 rg BT 540.98 102.95 Td (could ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 89.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 102.70 89.45 Td (us ) Tj ET Q q 0 0 0 rg BT 114.38 89.45 Td (to ) Tj ET Q q 0 0 0 rg BT 124.07 89.45 Td (legal ) Tj ET Q q 0 0 0 rg BT 145.27 89.45 Td (liability) Tj ET Q q 0 0 0 rg BT 171.61 89.45 Td (, ) Tj ET Q q 0 0 0 rg BT 176.29 89.45 Td (which ) Tj ET Q q 0 0 0 rg BT 201.48 89.45 Td (could ) Tj ET Q q 0 0 0 rg BT 225.17 89.45 Td (materially ) Tj ET Q q 0 0 0 rg BT 265.86 89.45 Td (adversely ) Tj ET Q q 0 0 0 rg BT 306.56 89.45 Td (af) Tj ET Q q 0 0 0 rg BT 313.91 89.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 330.59 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 345.78 89.45 Td (business, ) Tj ET Q q 0 0 0 rg BT 385.98 89.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 425.69 89.45 Td (results ) Tj ET Q q 0 0 0 rg BT 454.38 89.45 Td (and ) Tj ET Q q 0 0 0 rg BT 471.58 89.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 506.78 89.45 Td (condition, ) Tj ET Q q 0 0 0 rg BT 547.49 89.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 75.95 Td (may ) Tj ET Q q 0 0 0 rg BT 91.80 75.95 Td (negatively ) Tj ET Q q 0 0 0 rg BT 135.12 75.95 Td (af) Tj ET Q q 0 0 0 rg BT 142.47 75.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 159.77 75.95 Td (our ) Tj ET Q q 0 0 0 rg BT 175.58 75.95 Td (professional ) Tj ET Q q 0 0 0 rg BT 226.90 75.95 Td (reputation. ) Tj ET Q q 0 0 0 rg BT 272.23 75.95 Td (W) Tj ET Q q 0 0 0 rg BT 280.56 75.95 Td (e ) Tj ET Q q 0 0 0 rg BT 288.36 75.95 Td (typically ) Tj ET Q q 0 0 0 rg BT 323.17 75.95 Td (use ) Tj ET Q q 0 0 0 rg BT 340.48 75.95 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 387.81 75.95 Td (ef) Tj ET Q q 0 0 0 rg BT 395.15 75.95 Td (forts ) Tj ET Q q 0 0 0 rg BT 415.46 75.95 Td (to ) Tj ET Q q 0 0 0 rg BT 425.76 75.95 Td (include ) Tj ET Q q 0 0 0 rg BT 457.08 75.95 Td (provisions ) Tj ET Q q 0 0 0 rg BT 500.39 75.95 Td (in ) Tj ET Q q 0 0 0 rg BT 510.19 75.95 Td (our ) Tj ET Q q 0 0 0 rg BT 526.00 75.95 Td (contracts ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 62.45 Td (which ) Tj ET Q q 0 0 0 rg BT 97.20 62.45 Td (are ) Tj ET Q q 0 0 0 rg BT 112.39 62.45 Td (designed ) Tj ET Q q 0 0 0 rg BT 151.11 62.45 Td (to ) Tj ET Q q 0 0 0 rg BT 160.80 62.45 Td (limit ) Tj ET Q q 0 0 0 rg BT 178.98 62.45 Td (our ) Tj ET Q q 0 0 0 rg BT 194.18 62.45 Td (exposure ) Tj ET Q q 0 0 0 rg BT 233.39 62.45 Td (to ) Tj ET Q q 0 0 0 rg BT 243.08 62.45 Td (legal ) Tj ET Q q 0 0 0 rg BT 264.28 62.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 291.97 62.45 Td (relating ) Tj ET Q q 0 0 0 rg BT 323.68 62.45 Td (to ) Tj ET Q q 0 0 0 rg BT 333.37 62.45 Td (our ) Tj ET Q q 0 0 0 rg BT 348.56 62.45 Td (services ) Tj ET Q q 0 0 0 rg BT 383.76 62.45 Td (and ) Tj ET Q q 0 0 0 rg BT 400.96 62.45 Td (the ) Tj ET Q q 0 0 0 rg BT 415.66 62.45 Td (applications ) Tj ET Q q 0 0 0 rg BT 465.37 62.45 Td (we ) Tj ET Q q 0 0 0 rg BT 479.07 62.45 Td (develop. ) Tj ET Q q 0 0 0 rg BT 515.28 62.45 Td (W) Tj ET Q q 0 0 0 rg BT 523.61 62.45 Td (e ) Tj ET Q q 0 0 0 rg BT 530.80 62.45 Td (may ) Tj ET Q q 0 0 0 rg BT 549.99 62.45 Td (not ) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (44) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (always ) Tj ET Q q 0 0 0 rg BT 102.09 708.95 Td (be ) Tj ET Q q 0 0 0 rg BT 114.69 708.95 Td (able ) Tj ET Q q 0 0 0 rg BT 134.29 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 144.38 708.95 Td (include ) Tj ET Q q 0 0 0 rg BT 175.48 708.95 Td (such ) Tj ET Q q 0 0 0 rg BT 197.07 708.95 Td (provisions ) Tj ET Q q 0 0 0 rg BT 240.18 708.95 Td (and, ) Tj ET Q q 0 0 0 rg BT 260.28 708.95 Td (where ) Tj ET Q q 0 0 0 rg BT 287.37 708.95 Td (we ) Tj ET Q q 0 0 0 rg BT 301.46 708.95 Td (are ) Tj ET Q q 0 0 0 rg BT 317.05 708.95 Td (successful, ) Tj ET Q q 0 0 0 rg BT 364.15 708.95 Td (they ) Tj ET Q q 0 0 0 rg BT 383.75 708.95 Td (may ) Tj ET Q q 0 0 0 rg BT 403.33 708.95 Td (not ) Tj ET Q q 0 0 0 rg BT 418.43 708.95 Td (protect ) Tj ET Q q 0 0 0 rg BT 448.52 708.95 Td (us ) Tj ET Q q 0 0 0 rg BT 460.61 708.95 Td (adequately ) Tj ET Q q 0 0 0 rg BT 507.23 708.95 Td (or ) Tj ET Q q 0 0 0 rg BT 517.82 708.95 Td (may ) Tj ET Q q 0 0 0 rg BT 537.41 708.95 Td (not ) Tj ET Q q 0 0 0 rg BT 552.50 708.95 Td (be ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (enforceable ) Tj ET Q q 0 0 0 rg BT 121.54 695.45 Td (under ) Tj ET Q q 0 0 0 rg BT 147.05 695.45 Td (some ) Tj ET Q q 0 0 0 rg BT 171.56 695.45 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 231.58 695.45 Td (or ) Tj ET Q q 0 0 0 rg BT 242.08 695.45 Td (under ) Tj ET Q q 0 0 0 rg BT 267.60 695.45 Td (the ) Tj ET Q q 0 0 0 rg BT 282.61 695.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 303.12 695.45 Td (of ) Tj ET Q q 0 0 0 rg BT 313.12 695.45 Td (some ) Tj ET Q q 0 0 0 rg BT 337.63 695.45 Td (jurisdictions.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 671.666796875 m 226.56884765625 671.666796875 l s q 0 0 0 rg BT 72.00 672.95 Td (Data ) Tj ET Q q 0 0 0 rg BT 93.51 672.95 Td (protection ) Tj ET Q q 0 0 0 rg BT 135.54 672.95 Td (and ) Tj ET Q q 0 0 0 rg BT 153.05 672.95 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 208.07 672.95 Td (risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 653.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.13 653.45 Td (business ) Tj ET Q q 0 0 0 rg BT 126.78 653.45 Td (often ) Tj ET Q q 0 0 0 rg BT 148.93 653.45 Td (requires ) Tj ET Q q 0 0 0 rg BT 183.58 653.45 Td (that ) Tj ET Q q 0 0 0 rg BT 200.72 653.45 Td (our ) Tj ET Q q 0 0 0 rg BT 215.86 653.45 Td (clients) Tj ET Q q 0 0 0 rg BT 243.03 653.45 Td ( ) Tj ET Q q 0 0 0 rg BT 245.16 653.45 Td (applications ) Tj ET Q q 0 0 0 rg BT 294.83 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 311.97 653.45 Td (information, ) Tj ET Q q 0 0 0 rg BT 361.12 653.45 Td (which ) Tj ET Q q 0 0 0 rg BT 386.26 653.45 Td (may ) Tj ET Q q 0 0 0 rg BT 405.40 653.45 Td (include ) Tj ET Q q 0 0 0 rg BT 436.05 653.45 Td (their ) Tj ET Q q 0 0 0 rg BT 455.69 653.45 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 500.83 653.45 Td (information ) Tj ET Q q 0 0 0 rg BT 547.49 653.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 639.95 Td (personal ) Tj ET Q q 0 0 0 rg BT 110.01 639.95 Td (information ) Tj ET Q q 0 0 0 rg BT 158.02 639.95 Td (they ) Tj ET Q q 0 0 0 rg BT 178.51 639.95 Td (manage, ) Tj ET Q q 0 0 0 rg BT 217.02 639.95 Td (be ) Tj ET Q q 0 0 0 rg BT 230.52 639.95 Td (processed ) Tj ET Q q 0 0 0 rg BT 275.53 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 294.03 639.95 Td (stored ) Tj ET Q q 0 0 0 rg BT 322.53 639.95 Td (on ) Tj ET Q q 0 0 0 rg BT 336.03 639.95 Td (our ) Tj ET Q q 0 0 0 rg BT 352.52 639.95 Td (networks ) Tj ET Q q 0 0 0 rg BT 392.02 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 410.52 639.95 Td (systems, ) Tj ET Q q 0 0 0 rg BT 449.51 639.95 Td (and ) Tj ET Q q 0 0 0 rg BT 468.01 639.95 Td (in ) Tj ET Q q 0 0 0 rg BT 478.50 639.95 Td (data ) Tj ET Q q 0 0 0 rg BT 499.51 639.95 Td (centers ) Tj ET Q q 0 0 0 rg BT 532.51 639.95 Td (that ) Tj ET Q q 0 0 0 rg BT 551.00 639.95 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (manage. ) Tj ET Q q 0 0 0 rg BT 109.34 626.45 Td (W) Tj ET Q q 0 0 0 rg BT 117.67 626.45 Td (e ) Tj ET Q q 0 0 0 rg BT 125.00 626.45 Td (also ) Tj ET Q q 0 0 0 rg BT 143.83 626.45 Td (process ) Tj ET Q q 0 0 0 rg BT 177.66 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 194.99 626.45 Td (store ) Tj ET Q q 0 0 0 rg BT 217.32 626.45 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 262.66 626.45 Td (information ) Tj ET Q q 0 0 0 rg BT 309.50 626.45 Td (relating ) Tj ET Q q 0 0 0 rg BT 341.33 626.45 Td (to ) Tj ET Q q 0 0 0 rg BT 351.16 626.45 Td (our ) Tj ET Q q 0 0 0 rg BT 366.48 626.45 Td (business, ) Tj ET Q q 0 0 0 rg BT 406.82 626.45 Td (and ) Tj ET Q q 0 0 0 rg BT 424.16 626.45 Td (personal ) Tj ET Q q 0 0 0 rg BT 461.00 626.45 Td (information ) Tj ET Q q 0 0 0 rg BT 507.84 626.45 Td (relating ) Tj ET Q q 0 0 0 rg BT 539.67 626.45 Td (to ) Tj ET Q q 0 0 0 rg BT 549.50 626.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 612.95 Td (members. ) Tj ET Q q 0 0 0 rg BT 114.50 612.95 Td (The ) Tj ET Q q 0 0 0 rg BT 132.68 612.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 180.09 612.95 Td (Chief ) Tj ET Q q 0 0 0 rg BT 203.77 612.95 Td (Data ) Tj ET Q q 0 0 0 rg BT 225.44 612.95 Td (Protection ) Tj ET Q q 0 0 0 rg BT 268.64 612.95 Td (Of) Tj ET Q q 0 0 0 rg BT 277.97 612.95 Td (ficer ) Tj ET Q q 0 0 0 rg BT 297.65 612.95 Td (oversees ) Tj ET Q q 0 0 0 rg BT 336.83 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 352.01 612.95 Td (Company's ) Tj ET Q q 0 0 0 rg BT 399.42 612.95 Td (compliance ) Tj ET Q q 0 0 0 rg BT 447.61 612.95 Td (with ) Tj ET Q q 0 0 0 rg BT 466.28 612.95 Td (the ) Tj ET Q q 0 0 0 rg BT 481.46 612.95 Td (laws ) Tj ET Q q 0 0 0 rg BT 502.14 612.95 Td (that ) Tj ET Q q 0 0 0 rg BT 519.82 612.95 Td (protect ) Tj ET Q q 0 0 0 rg BT 550.00 612.95 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 599.45 Td (privacy ) Tj ET Q q 0 0 0 rg BT 103.48 599.45 Td (of ) Tj ET Q q 0 0 0 rg BT 113.95 599.45 Td (personal ) Tj ET Q q 0 0 0 rg BT 151.44 599.45 Td (information. ) Tj ET Q q 0 0 0 rg BT 201.24 599.45 Td (The ) Tj ET Q q 0 0 0 rg BT 219.71 599.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 261.20 599.45 Td (faces ) Tj ET Q q 0 0 0 rg BT 285.68 599.45 Td (risks ) Tj ET Q q 0 0 0 rg BT 307.15 599.45 Td (inherent ) Tj ET Q q 0 0 0 rg BT 342.64 599.45 Td (in ) Tj ET Q q 0 0 0 rg BT 352.61 599.45 Td (protecting ) Tj ET Q q 0 0 0 rg BT 395.10 599.45 Td (the ) Tj ET Q q 0 0 0 rg BT 410.58 599.45 Td (security ) Tj ET Q q 0 0 0 rg BT 444.56 599.45 Td (of ) Tj ET Q q 0 0 0 rg BT 455.03 599.45 Td (such ) Tj ET Q q 0 0 0 rg BT 477.01 599.45 Td (personal ) Tj ET Q q 0 0 0 rg BT 514.50 599.45 Td (data. ) Tj ET Q q 0 0 0 rg BT 537.49 599.45 Td (Digital ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 585.95 Td (information ) Tj ET Q q 0 0 0 rg BT 119.57 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 137.63 585.95 Td (equipment ) Tj ET Q q 0 0 0 rg BT 182.70 585.95 Td (are ) Tj ET Q q 0 0 0 rg BT 198.75 585.95 Td (subject ) Tj ET Q q 0 0 0 rg BT 230.31 585.95 Td (to ) Tj ET Q q 0 0 0 rg BT 240.87 585.95 Td (loss, ) Tj ET Q q 0 0 0 rg BT 262.42 585.95 Td (theft ) Tj ET Q q 0 0 0 rg BT 282.97 585.95 Td (or ) Tj ET Q q 0 0 0 rg BT 294.02 585.95 Td (destruction, ) Tj ET Q q 0 0 0 rg BT 343.59 585.95 Td (and ) Tj ET Q q 0 0 0 rg BT 361.65 585.95 Td (services ) Tj ET Q q 0 0 0 rg BT 397.70 585.95 Td (that ) Tj ET Q q 0 0 0 rg BT 415.76 585.95 Td (we ) Tj ET Q q 0 0 0 rg BT 430.31 585.95 Td (provide ) Tj ET Q q 0 0 0 rg BT 462.87 585.95 Td (may ) Tj ET Q q 0 0 0 rg BT 482.92 585.95 Td (become ) Tj ET Q q 0 0 0 rg BT 517.98 585.95 Td (temporarily ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 572.45 Td (unavailable ) Tj ET Q q 0 0 0 rg BT 119.40 572.45 Td (as ) Tj ET Q q 0 0 0 rg BT 130.78 572.45 Td (a ) Tj ET Q q 0 0 0 rg BT 137.65 572.45 Td (result ) Tj ET Q q 0 0 0 rg BT 161.53 572.45 Td (of ) Tj ET Q q 0 0 0 rg BT 170.90 572.45 Td (those ) Tj ET Q q 0 0 0 rg BT 194.79 572.45 Td (risks, ) Tj ET Q q 0 0 0 rg BT 217.65 572.45 Td (or ) Tj ET Q q 0 0 0 rg BT 227.52 572.45 Td (upon ) Tj ET Q q 0 0 0 rg BT 249.41 572.45 Td (an ) Tj ET Q q 0 0 0 rg BT 261.29 572.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 305.19 572.45 Td (or ) Tj ET Q q 0 0 0 rg BT 315.06 572.45 Td (system ) Tj ET Q q 0 0 0 rg BT 345.43 572.45 Td (malfunction. ) Tj ET Q q 0 0 0 rg BT 395.70 572.45 Td (The ) Tj ET Q q 0 0 0 rg BT 413.08 572.45 Td (causes ) Tj ET Q q 0 0 0 rg BT 443.46 572.45 Td (of ) Tj ET Q q 0 0 0 rg BT 452.84 572.45 Td (such ) Tj ET Q q 0 0 0 rg BT 473.71 572.45 Td (failures ) Tj ET Q q 0 0 0 rg BT 504.60 572.45 Td (include ) Tj ET Q q 0 0 0 rg BT 534.98 572.45 Td (human ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 558.95 Td (error ) Tj ET Q q 0 0 0 rg BT 94.75 558.95 Td (in ) Tj ET Q q 0 0 0 rg BT 105.51 558.95 Td (the ) Tj ET Q q 0 0 0 rg BT 121.77 558.95 Td (course ) Tj ET Q q 0 0 0 rg BT 152.54 558.95 Td (of ) Tj ET Q q 0 0 0 rg BT 163.80 558.95 Td (normal ) Tj ET Q q 0 0 0 rg BT 195.06 558.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 240.84 558.95 Td (\(including ) Tj ET Q q 0 0 0 rg BT 283.11 558.95 Td (from ) Tj ET Q q 0 0 0 rg BT 304.87 558.95 Td (advertent ) Tj ET Q q 0 0 0 rg BT 346.14 558.95 Td (or ) Tj ET Q q 0 0 0 rg BT 357.90 558.95 Td (inadvertent ) Tj ET Q q 0 0 0 rg BT 406.18 558.95 Td (actions ) Tj ET Q q 0 0 0 rg BT 438.45 558.95 Td (or ) Tj ET Q q 0 0 0 rg BT 450.20 558.95 Td (inactions ) Tj ET Q q 0 0 0 rg BT 489.47 558.95 Td (by ) Tj ET Q q 0 0 0 rg BT 502.73 558.95 Td (our ) Tj ET Q q 0 0 0 rg BT 519.49 558.95 Td (members\), ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 545.45 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 125.08 545.45 Td (and ) Tj ET Q q 0 0 0 rg BT 141.64 545.45 Td (upgrading ) Tj ET Q q 0 0 0 rg BT 183.23 545.45 Td (activities, ) Tj ET Q q 0 0 0 rg BT 221.78 545.45 Td (as ) Tj ET Q q 0 0 0 rg BT 232.84 545.45 Td (well ) Tj ET Q q 0 0 0 rg BT 249.89 545.45 Td (as ) Tj ET Q q 0 0 0 rg BT 260.94 545.45 Td (hacking, ) Tj ET Q q 0 0 0 rg BT 296.01 545.45 Td (vandalism ) Tj ET Q q 0 0 0 rg BT 338.07 545.45 Td (\(including ) Tj ET Q q 0 0 0 rg BT 378.14 545.45 Td (denial ) Tj ET Q q 0 0 0 rg BT 403.71 545.45 Td (of ) Tj ET Q q 0 0 0 rg BT 412.76 545.45 Td (service ) Tj ET Q q 0 0 0 rg BT 442.81 545.45 Td (attacks ) Tj ET Q q 0 0 0 rg BT 472.87 545.45 Td (and ) Tj ET Q q 0 0 0 rg BT 489.44 545.45 Td (computer ) Tj ET Q q 0 0 0 rg BT 528.50 545.45 Td (viruses\), ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 531.95 Td (theft, ) Tj ET Q q 0 0 0 rg BT 94.58 531.95 Td (and ) Tj ET Q q 0 0 0 rg BT 112.17 531.95 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 166.78 531.95 Td (access, ) Tj ET Q q 0 0 0 rg BT 199.86 531.95 Td (as ) Tj ET Q q 0 0 0 rg BT 211.93 531.95 Td (well ) Tj ET Q q 0 0 0 rg BT 230.00 531.95 Td (as ) Tj ET Q q 0 0 0 rg BT 242.08 531.95 Td (power ) Tj ET Q q 0 0 0 rg BT 269.16 531.95 Td (outages ) Tj ET Q q 0 0 0 rg BT 303.75 531.95 Td (or ) Tj ET Q q 0 0 0 rg BT 314.33 531.95 Td (surges, ) Tj ET Q q 0 0 0 rg BT 346.41 531.95 Td (floods, ) Tj ET Q q 0 0 0 rg BT 375.49 531.95 Td (fires, ) Tj ET Q q 0 0 0 rg BT 397.57 531.95 Td (natural ) Tj ET Q q 0 0 0 rg BT 427.65 531.95 Td (disasters ) Tj ET Q q 0 0 0 rg BT 466.23 531.95 Td (and ) Tj ET Q q 0 0 0 rg BT 483.82 531.95 Td (many ) Tj ET Q q 0 0 0 rg BT 508.40 531.95 Td (other ) Tj ET Q q 0 0 0 rg BT 531.48 531.95 Td (causes. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 518.45 Td (The ) Tj ET Q q 0 0 0 rg BT 90.05 518.45 Td (measures ) Tj ET Q q 0 0 0 rg BT 132.12 518.45 Td (that ) Tj ET Q q 0 0 0 rg BT 149.67 518.45 Td (we ) Tj ET Q q 0 0 0 rg BT 163.72 518.45 Td (take ) Tj ET Q q 0 0 0 rg BT 183.28 518.45 Td (to ) Tj ET Q q 0 0 0 rg BT 193.33 518.45 Td (protect ) Tj ET Q q 0 0 0 rg BT 223.39 518.45 Td (against ) Tj ET Q q 0 0 0 rg BT 254.96 518.45 Td (all ) Tj ET Q q 0 0 0 rg BT 266.51 518.45 Td (information ) Tj ET Q q 0 0 0 rg BT 313.58 518.45 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 368.64 518.45 Td (risks, ) Tj ET Q q 0 0 0 rg BT 392.19 518.45 Td (including ) Tj ET Q q 0 0 0 rg BT 430.26 518.45 Td (both ) Tj ET Q q 0 0 0 rg BT 450.32 518.45 Td (physical ) Tj ET Q q 0 0 0 rg BT 485.38 518.45 Td (and ) Tj ET Q q 0 0 0 rg BT 502.94 518.45 Td (logical ) Tj ET Q q 0 0 0 rg BT 531.00 518.45 Td (controls ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 504.95 Td (on ) Tj ET Q q 0 0 0 rg BT 83.80 504.95 Td (access ) Tj ET Q q 0 0 0 rg BT 113.61 504.95 Td (to ) Tj ET Q q 0 0 0 rg BT 122.90 504.95 Td (premises ) Tj ET Q q 0 0 0 rg BT 161.21 504.95 Td (and ) Tj ET Q q 0 0 0 rg BT 178.02 504.95 Td (information ) Tj ET Q q 0 0 0 rg BT 224.33 504.95 Td (may ) Tj ET Q q 0 0 0 rg BT 243.12 504.95 Td (prove ) Tj ET Q q 0 0 0 rg BT 267.43 504.95 Td (in ) Tj ET Q q 0 0 0 rg BT 276.23 504.95 Td (some ) Tj ET Q q 0 0 0 rg BT 300.03 504.95 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 359.34 504.95 Td (to ) Tj ET Q q 0 0 0 rg BT 368.63 504.95 Td (be ) Tj ET Q q 0 0 0 rg BT 380.44 504.95 Td (inadequate ) Tj ET Q q 0 0 0 rg BT 426.77 504.95 Td (to ) Tj ET Q q 0 0 0 rg BT 436.07 504.95 Td (prevent ) Tj ET Q q 0 0 0 rg BT 467.88 504.95 Td (the ) Tj ET Q q 0 0 0 rg BT 482.19 504.95 Td (improper ) Tj ET Q q 0 0 0 rg BT 519.49 504.95 Td (disclosure, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 491.45 Td (loss, ) Tj ET Q q 0 0 0 rg BT 93.76 491.45 Td (theft, ) Tj ET Q q 0 0 0 rg BT 117.02 491.45 Td (misappropriation ) Tj ET Q q 0 0 0 rg BT 186.81 491.45 Td (of, ) Tj ET Q q 0 0 0 rg BT 200.06 491.45 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 255.35 491.45 Td (access ) Tj ET Q q 0 0 0 rg BT 286.62 491.45 Td (to, ) Tj ET Q q 0 0 0 rg BT 299.88 491.45 Td (or ) Tj ET Q q 0 0 0 rg BT 311.13 491.45 Td (destruction ) Tj ET Q q 0 0 0 rg BT 358.40 491.45 Td (of ) Tj ET Q q 0 0 0 rg BT 369.16 491.45 Td (client ) Tj ET Q q 0 0 0 rg BT 393.42 491.45 Td (information, ) Tj ET Q q 0 0 0 rg BT 443.70 491.45 Td (or ) Tj ET Q q 0 0 0 rg BT 454.95 491.45 Td (service ) Tj ET Q q 0 0 0 rg BT 486.71 491.45 Td (interruptions. ) Tj ET Q q 0 0 0 rg BT 541.99 491.45 Td (Such ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 477.95 Td (events ) Tj ET Q q 0 0 0 rg BT 100.90 477.95 Td (may ) Tj ET Q q 0 0 0 rg BT 120.29 477.95 Td (expose ) Tj ET Q q 0 0 0 rg BT 151.69 477.95 Td (the ) Tj ET Q q 0 0 0 rg BT 166.58 477.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 207.49 477.95 Td (to ) Tj ET Q q 0 0 0 rg BT 217.38 477.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 252.78 477.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 271.17 477.95 Td (arising ) Tj ET Q q 0 0 0 rg BT 300.06 477.95 Td (from ) Tj ET Q q 0 0 0 rg BT 320.45 477.95 Td (the ) Tj ET Q q 0 0 0 rg BT 335.34 477.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 358.73 477.95 Td (of ) Tj ET Q q 0 0 0 rg BT 368.62 477.95 Td (remediation ) Tj ET Q q 0 0 0 rg BT 418.03 477.95 Td (and ) Tj ET Q q 0 0 0 rg BT 435.43 477.95 Td (those ) Tj ET Q q 0 0 0 rg BT 459.83 477.95 Td (arising ) Tj ET Q q 0 0 0 rg BT 488.72 477.95 Td (from ) Tj ET Q q 0 0 0 rg BT 509.11 477.95 Td (litigation ) Tj ET Q q 0 0 0 rg BT 544.51 477.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 464.45 Td (our ) Tj ET Q q 0 0 0 rg BT 87.49 464.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 115.49 464.45 Td (and ) Tj ET Q q 0 0 0 rg BT 132.99 464.45 Td (third ) Tj ET Q q 0 0 0 rg BT 152.99 464.45 Td (parties ) Tj ET Q q 0 0 0 rg BT 182.49 464.45 Td (\(including ) Tj ET Q q 0 0 0 rg BT 223.50 464.45 Td (under ) Tj ET Q q 0 0 0 rg BT 249.00 464.45 Td (the ) Tj ET Q q 0 0 0 rg BT 264.00 464.45 Td (laws ) Tj ET Q q 0 0 0 rg BT 284.49 464.45 Td (that ) Tj ET Q q 0 0 0 rg BT 301.99 464.45 Td (protect ) Tj ET Q q 0 0 0 rg BT 331.99 464.45 Td (the ) Tj ET Q q 0 0 0 rg BT 346.99 464.45 Td (privacy ) Tj ET Q q 0 0 0 rg BT 377.98 464.45 Td (of ) Tj ET Q q 0 0 0 rg BT 387.98 464.45 Td (personal ) Tj ET Q q 0 0 0 rg BT 424.99 464.45 Td (information\), ) Tj ET Q q 0 0 0 rg BT 477.49 464.45 Td (claims ) Tj ET Q q 0 0 0 rg BT 505.48 464.45 Td (and ) Tj ET Q q 0 0 0 rg BT 522.98 464.45 Td (damages, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 450.95 Td (as ) Tj ET Q q 0 0 0 rg BT 84.01 450.95 Td (well ) Tj ET Q q 0 0 0 rg BT 102.01 450.95 Td (as ) Tj ET Q q 0 0 0 rg BT 114.02 450.95 Td (expose ) Tj ET Q q 0 0 0 rg BT 145.54 450.95 Td (the ) Tj ET Q q 0 0 0 rg BT 160.55 450.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 201.57 450.95 Td (to ) Tj ET Q q 0 0 0 rg BT 211.57 450.95 Td (government ) Tj ET Q q 0 0 0 rg BT 261.60 450.95 Td (sanctions ) Tj ET Q q 0 0 0 rg BT 302.12 450.95 Td (and ) Tj ET Q q 0 0 0 rg BT 319.64 450.95 Td (damage ) Tj ET Q q 0 0 0 rg BT 354.67 450.95 Td (to ) Tj ET Q q 0 0 0 rg BT 364.67 450.95 Td (our ) Tj ET Q q 0 0 0 rg BT 380.18 450.95 Td (brand ) Tj ET Q q 0 0 0 rg BT 405.70 450.95 Td (and ) Tj ET Q q 0 0 0 rg BT 423.22 450.95 Td (reputation.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 427.166796875 m 198.54052734375 427.166796875 l s q 0 0 0 rg BT 72.00 428.45 Td (Security ) Tj ET Q q 0 0 0 rg BT 107.01 428.45 Td (and ) Tj ET Q q 0 0 0 rg BT 124.53 428.45 Td (cybersecurity ) Tj ET Q q 0 0 0 rg BT 180.04 428.45 Td (risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 408.95 Td (In ) Tj ET Q q 0 0 0 rg BT 82.06 408.95 Td (the ) Tj ET Q q 0 0 0 rg BT 97.12 408.95 Td (current ) Tj ET Q q 0 0 0 rg BT 127.68 408.95 Td (environment, ) Tj ET Q q 0 0 0 rg BT 182.25 408.95 Td (there ) Tj ET Q q 0 0 0 rg BT 205.31 408.95 Td (are ) Tj ET Q q 0 0 0 rg BT 220.87 408.95 Td (numerous ) Tj ET Q q 0 0 0 rg BT 263.44 408.95 Td (and ) Tj ET Q q 0 0 0 rg BT 281.01 408.95 Td (evolving ) Tj ET Q q 0 0 0 rg BT 316.58 408.95 Td (security ) Tj ET Q q 0 0 0 rg BT 350.13 408.95 Td (risks, ) Tj ET Q q 0 0 0 rg BT 373.68 408.95 Td (especially ) Tj ET Q q 0 0 0 rg BT 415.75 408.95 Td (from ) Tj ET Q q 0 0 0 rg BT 436.30 408.95 Td (cyber ) Tj ET Q q 0 0 0 rg BT 460.86 408.95 Td (threats, ) Tj ET Q q 0 0 0 rg BT 493.42 408.95 Td (including ) Tj ET Q q 0 0 0 rg BT 531.50 408.95 Td (criminal ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 395.45 Td (hackers, ) Tj ET Q q 0 0 0 rg BT 108.07 395.45 Td (hacktivists, ) Tj ET Q q 0 0 0 rg BT 154.15 395.45 Td (state ) Tj ET Q q 0 0 0 rg BT 175.72 395.45 Td (sponsored ) Tj ET Q q 0 0 0 rg BT 219.81 395.45 Td (organizations, ) Tj ET Q q 0 0 0 rg BT 277.91 395.45 Td (industrial ) Tj ET Q q 0 0 0 rg BT 315.98 395.45 Td (espionage, ) Tj ET Q q 0 0 0 rg BT 362.08 395.45 Td (employee ) Tj ET Q q 0 0 0 rg BT 403.17 395.45 Td (misconduct, ) Tj ET Q q 0 0 0 rg BT 453.25 395.45 Td (and ) Tj ET Q q 0 0 0 rg BT 470.32 395.45 Td (human ) Tj ET Q q 0 0 0 rg BT 499.90 395.45 Td (or ) Tj ET Q q 0 0 0 rg BT 509.97 395.45 Td (technological ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 381.95 Td (error) Tj ET Q q 0 0 0 rg BT 90.51 381.95 Td (. ) Tj ET Q q 0 0 0 rg BT 95.26 381.95 Td (As ) Tj ET Q q 0 0 0 rg BT 108.58 381.95 Td (a ) Tj ET Q q 0 0 0 rg BT 116.40 381.95 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 159.23 381.95 Td (IT) Tj ET Q q 0 0 0 rg BT 167.07 381.95 Td ( ) Tj ET Q q 0 0 0 rg BT 169.88 381.95 Td (and ) Tj ET Q q 0 0 0 rg BT 187.72 381.95 Td (business ) Tj ET Q q 0 0 0 rg BT 226.05 381.95 Td (consulting ) Tj ET Q q 0 0 0 rg BT 269.39 381.95 Td (firm ) Tj ET Q q 0 0 0 rg BT 287.20 381.95 Td (providing ) Tj ET Q q 0 0 0 rg BT 326.54 381.95 Td (services ) Tj ET Q q 0 0 0 rg BT 362.36 381.95 Td (to ) Tj ET Q q 0 0 0 rg BT 372.69 381.95 Td (both ) Tj ET Q q 0 0 0 rg BT 393.02 381.95 Td (the ) Tj ET Q q 0 0 0 rg BT 408.34 381.95 Td (private ) Tj ET Q q 0 0 0 rg BT 438.17 381.95 Td (and ) Tj ET Q q 0 0 0 rg BT 456.00 381.95 Td (public ) Tj ET Q q 0 0 0 rg BT 482.34 381.95 Td (sectors, ) Tj ET Q q 0 0 0 rg BT 516.66 381.95 Td (we ) Tj ET Q q 0 0 0 rg BT 530.98 381.95 Td (process ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 368.45 Td (and ) Tj ET Q q 0 0 0 rg BT 90.83 368.45 Td (store ) Tj ET Q q 0 0 0 rg BT 114.66 368.45 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 166.00 368.45 Td (large ) Tj ET Q q 0 0 0 rg BT 189.83 368.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 228.16 368.45 Td (of ) Tj ET Q q 0 0 0 rg BT 239.49 368.45 Td (data ) Tj ET Q q 0 0 0 rg BT 260.82 368.45 Td (for ) Tj ET Q q 0 0 0 rg BT 275.14 368.45 Td (our ) Tj ET Q q 0 0 0 rg BT 291.96 368.45 Td (clients, ) Tj ET Q q 0 0 0 rg BT 323.79 368.45 Td (including ) Tj ET Q q 0 0 0 rg BT 363.13 368.45 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 409.97 368.45 Td (information ) Tj ET Q q 0 0 0 rg BT 458.31 368.45 Td (and ) Tj ET Q q 0 0 0 rg BT 477.14 368.45 Td (personal ) Tj ET Q q 0 0 0 rg BT 515.48 368.45 Td (information. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 354.95 Td (Consequently) Tj ET Q q 0 0 0 rg BT 126.37 354.95 Td (, ) Tj ET Q q 0 0 0 rg BT 131.46 354.95 Td (our ) Tj ET Q q 0 0 0 rg BT 147.06 354.95 Td (business ) Tj ET Q q 0 0 0 rg BT 185.18 354.95 Td (could ) Tj ET Q q 0 0 0 rg BT 209.28 354.95 Td (be ) Tj ET Q q 0 0 0 rg BT 221.89 354.95 Td (negatively ) Tj ET Q q 0 0 0 rg BT 265.00 354.95 Td (impacted ) Tj ET Q q 0 0 0 rg BT 304.12 354.95 Td (by ) Tj ET Q q 0 0 0 rg BT 316.21 354.95 Td (physical ) Tj ET Q q 0 0 0 rg BT 351.32 354.95 Td (and ) Tj ET Q q 0 0 0 rg BT 368.93 354.95 Td (cyber ) Tj ET Q q 0 0 0 rg BT 393.53 354.95 Td (threats, ) Tj ET Q q 0 0 0 rg BT 426.14 354.95 Td (which ) Tj ET Q q 0 0 0 rg BT 451.74 354.95 Td (could ) Tj ET Q q 0 0 0 rg BT 475.85 354.95 Td (af) Tj ET Q q 0 0 0 rg BT 483.19 354.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 500.29 354.95 Td (our ) Tj ET Q q 0 0 0 rg BT 515.89 354.95 Td (future ) Tj ET Q q 0 0 0 rg BT 541.49 354.95 Td (sales ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 341.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.40 341.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 124.80 341.45 Td (position ) Tj ET Q q 0 0 0 rg BT 158.21 341.45 Td (or ) Tj ET Q q 0 0 0 rg BT 168.59 341.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 204.99 341.45 Td (our ) Tj ET Q q 0 0 0 rg BT 220.39 341.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 243.77 341.45 Td (and ) Tj ET Q q 0 0 0 rg BT 261.17 341.45 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 304.43 341.45 Td (These ) Tj ET Q q 0 0 0 rg BT 331.83 341.45 Td (security ) Tj ET Q q 0 0 0 rg BT 365.22 341.45 Td (risks ) Tj ET Q q 0 0 0 rg BT 386.10 341.45 Td (to ) Tj ET Q q 0 0 0 rg BT 395.99 341.45 Td (the ) Tj ET Q q 0 0 0 rg BT 410.88 341.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 451.78 341.45 Td (include ) Tj ET Q q 0 0 0 rg BT 482.69 341.45 Td (potential ) Tj ET Q q 0 0 0 rg BT 519.10 341.45 Td (attacks ) Tj ET Q q 0 0 0 rg BT 549.99 341.45 Td (not ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 327.95 Td (only ) Tj ET Q q 0 0 0 rg BT 91.39 327.95 Td (of ) Tj ET Q q 0 0 0 rg BT 101.77 327.95 Td (our ) Tj ET Q q 0 0 0 rg BT 117.65 327.95 Td (own ) Tj ET Q q 0 0 0 rg BT 137.04 327.95 Td (products, ) Tj ET Q q 0 0 0 rg BT 176.94 327.95 Td (services ) Tj ET Q q 0 0 0 rg BT 212.82 327.95 Td (and ) Tj ET Q q 0 0 0 rg BT 230.71 327.95 Td (systems, ) Tj ET Q q 0 0 0 rg BT 269.09 327.95 Td (but ) Tj ET Q q 0 0 0 rg BT 284.48 327.95 Td (also ) Tj ET Q q 0 0 0 rg BT 303.87 327.95 Td (those ) Tj ET Q q 0 0 0 rg BT 328.76 327.95 Td (of ) Tj ET Q q 0 0 0 rg BT 339.14 327.95 Td (our ) Tj ET Q q 0 0 0 rg BT 355.03 327.95 Td (clients, ) Tj ET Q q 0 0 0 rg BT 385.91 327.95 Td (contractors, ) Tj ET Q q 0 0 0 rg BT 435.81 327.95 Td (business ) Tj ET Q q 0 0 0 rg BT 474.20 327.95 Td (partners, ) Tj ET Q q 0 0 0 rg BT 512.60 327.95 Td (vendors ) Tj ET Q q 0 0 0 rg BT 547.49 327.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 314.45 Td (other ) Tj ET Q q 0 0 0 rg BT 94.71 314.45 Td (third ) Tj ET Q q 0 0 0 rg BT 114.42 314.45 Td (parties. ) Tj ET Q q 0 0 0 rg BT 145.99 314.45 Td (The ) Tj ET Q q 0 0 0 rg BT 163.70 314.45 Td (Company) Tj ET Q q 0 0 0 rg BT 204.06 314.45 Td (s ) Tj ET Q q 0 0 0 rg BT 210.76 314.45 Td (Chief ) Tj ET Q q 0 0 0 rg BT 233.97 314.45 Td (Security ) Tj ET Q q 0 0 0 rg BT 268.68 314.45 Td (Of) Tj ET Q q 0 0 0 rg BT 278.02 314.45 Td (ficer ) Tj ET Q q 0 0 0 rg BT 297.22 314.45 Td (is ) Tj ET Q q 0 0 0 rg BT 305.92 314.45 Td (responsible ) Tj ET Q q 0 0 0 rg BT 354.15 314.45 Td (for ) Tj ET Q q 0 0 0 rg BT 366.85 314.45 Td (overseeing ) Tj ET Q q 0 0 0 rg BT 413.08 314.45 Td (the ) Tj ET Q q 0 0 0 rg BT 427.79 314.45 Td (security ) Tj ET Q q 0 0 0 rg BT 461.00 314.45 Td (of ) Tj ET Q q 0 0 0 rg BT 470.70 314.45 Td (the ) Tj ET Q q 0 0 0 rg BT 485.42 314.45 Td (Company) Tj ET Q q 0 0 0 rg BT 523.27 314.45 Td (. ) Tj ET Q q 0 0 0 rg BT 527.97 314.45 Td (W) Tj ET Q q 0 0 0 rg BT 536.30 314.45 Td (e ) Tj ET Q q 0 0 0 rg BT 543.50 314.45 Td (seek ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 300.95 Td (to ) Tj ET Q q 0 0 0 rg BT 81.81 300.95 Td (detect ) Tj ET Q q 0 0 0 rg BT 108.63 300.95 Td (and ) Tj ET Q q 0 0 0 rg BT 125.95 300.95 Td (investigate ) Tj ET Q q 0 0 0 rg BT 171.28 300.95 Td (all ) Tj ET Q q 0 0 0 rg BT 182.58 300.95 Td (security ) Tj ET Q q 0 0 0 rg BT 215.89 300.95 Td (incidents ) Tj ET Q q 0 0 0 rg BT 253.72 300.95 Td (and ) Tj ET Q q 0 0 0 rg BT 271.04 300.95 Td (to ) Tj ET Q q 0 0 0 rg BT 280.85 300.95 Td (prevent ) Tj ET Q q 0 0 0 rg BT 313.17 300.95 Td (their ) Tj ET Q q 0 0 0 rg BT 332.98 300.95 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 379.80 300.95 Td (or ) Tj ET Q q 0 0 0 rg BT 390.11 300.95 Td (recurrence, ) Tj ET Q q 0 0 0 rg BT 437.93 300.95 Td (by ) Tj ET Q q 0 0 0 rg BT 449.74 300.95 Td (: ) Tj ET Q q 0 0 0 rg BT 454.54 300.95 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 464.84 300.95 Td (developing ) Tj ET Q q 0 0 0 rg BT 510.68 300.95 Td (and ) Tj ET Q q 0 0 0 rg BT 527.99 300.95 Td (regularly ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 287.45 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 112.94 287.45 Td (policies ) Tj ET Q q 0 0 0 rg BT 145.87 287.45 Td (and ) Tj ET Q q 0 0 0 rg BT 163.81 287.45 Td (standards ) Tj ET Q q 0 0 0 rg BT 206.25 287.45 Td (related ) Tj ET Q q 0 0 0 rg BT 236.69 287.45 Td (to ) Tj ET Q q 0 0 0 rg BT 247.11 287.45 Td (information ) Tj ET Q q 0 0 0 rg BT 294.55 287.45 Td (security) Tj ET Q q 0 0 0 rg BT 324.89 287.45 Td (, ) Tj ET Q q 0 0 0 rg BT 330.31 287.45 Td (data ) Tj ET Q q 0 0 0 rg BT 350.75 287.45 Td (privacy) Tj ET Q q 0 0 0 rg BT 378.59 287.45 Td (, ) Tj ET Q q 0 0 0 rg BT 384.01 287.45 Td (physical ) Tj ET Q q 0 0 0 rg BT 419.44 287.45 Td (security ) Tj ET Q q 0 0 0 rg BT 453.37 287.45 Td (and ) Tj ET Q q 0 0 0 rg BT 471.31 287.45 Td (business ) Tj ET Q q 0 0 0 rg BT 509.75 287.45 Td (continuity) Tj ET Q q 0 0 0 rg BT 547.10 287.45 Td (, ) Tj ET Q q 0 0 0 rg BT 552.52 287.45 Td (\(ii\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 273.95 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 116.65 273.95 Td (the ) Tj ET Q q 0 0 0 rg BT 131.78 273.95 Td (Company) Tj ET Q q 0 0 0 rg BT 172.14 273.95 Td (s ) Tj ET Q q 0 0 0 rg BT 179.27 273.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 232.42 273.95 Td (against ) Tj ET Q q 0 0 0 rg BT 264.06 273.95 Td (these ) Tj ET Q q 0 0 0 rg BT 288.71 273.95 Td (policies ) Tj ET Q q 0 0 0 rg BT 321.35 273.95 Td (and ) Tj ET Q q 0 0 0 rg BT 338.99 273.95 Td (standards, ) Tj ET Q q 0 0 0 rg BT 383.64 273.95 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 398.26 273.95 Td (developing ) Tj ET Q q 0 0 0 rg BT 444.42 273.95 Td (strategies ) Tj ET Q q 0 0 0 rg BT 486.07 273.95 Td (intended ) Tj ET Q q 0 0 0 rg BT 523.23 273.95 Td (to ) Tj ET Q q 0 0 0 rg BT 533.36 273.95 Td (seek ) Tj ET Q q 0 0 0 rg BT 555.00 273.95 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 260.45 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 105.88 260.45 Td (the ) Tj ET Q q 0 0 0 rg BT 120.77 260.45 Td (Company) Tj ET Q q 0 0 0 rg BT 161.12 260.45 Td (s ) Tj ET Q q 0 0 0 rg BT 167.99 260.45 Td (risks, ) Tj ET Q q 0 0 0 rg BT 191.36 260.45 Td (including ) Tj ET Q q 0 0 0 rg BT 229.26 260.45 Td (through ) Tj ET Q q 0 0 0 rg BT 262.15 260.45 Td (security ) Tj ET Q q 0 0 0 rg BT 295.53 260.45 Td (trainings ) Tj ET Q q 0 0 0 rg BT 331.92 260.45 Td (for ) Tj ET Q q 0 0 0 rg BT 344.79 260.45 Td (all ) Tj ET Q q 0 0 0 rg BT 356.17 260.45 Td (employees ) Tj ET Q q 0 0 0 rg BT 402.06 260.45 Td (to ) Tj ET Q q 0 0 0 rg BT 411.94 260.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 448.33 260.45 Td (awareness ) Tj ET Q q 0 0 0 rg BT 494.23 260.45 Td (of ) Tj ET Q q 0 0 0 rg BT 504.10 260.45 Td (potential ) Tj ET Q q 0 0 0 rg BT 540.50 260.45 Td (cyber ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 246.95 Td (threats, ) Tj ET Q q 0 0 0 rg BT 104.42 246.95 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 119.31 246.95 Td (implementing ) Tj ET Q q 0 0 0 rg BT 175.24 246.95 Td (security ) Tj ET Q q 0 0 0 rg BT 208.65 246.95 Td (measures ) Tj ET Q q 0 0 0 rg BT 250.57 246.95 Td (to ) Tj ET Q q 0 0 0 rg BT 260.48 246.95 Td (ensure ) Tj ET Q q 0 0 0 rg BT 290.40 246.95 Td (an ) Tj ET Q q 0 0 0 rg BT 302.81 246.95 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 350.75 246.95 Td (level ) Tj ET Q q 0 0 0 rg BT 371.66 246.95 Td (of ) Tj ET Q q 0 0 0 rg BT 381.57 246.95 Td (control ) Tj ET Q q 0 0 0 rg BT 410.99 246.95 Td (based ) Tj ET Q q 0 0 0 rg BT 437.91 246.95 Td (on ) Tj ET Q q 0 0 0 rg BT 450.32 246.95 Td (the ) Tj ET Q q 0 0 0 rg BT 465.24 246.95 Td (nature ) Tj ET Q q 0 0 0 rg BT 493.16 246.95 Td (of ) Tj ET Q q 0 0 0 rg BT 503.07 246.95 Td (the ) Tj ET Q q 0 0 0 rg BT 517.98 246.95 Td (information ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 233.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.96 233.45 Td (the ) Tj ET Q q 0 0 0 rg BT 105.42 233.45 Td (inherent ) Tj ET Q q 0 0 0 rg BT 140.90 233.45 Td (risks ) Tj ET Q q 0 0 0 rg BT 162.34 233.45 Td (attached ) Tj ET Q q 0 0 0 rg BT 199.82 233.45 Td (thereto, ) Tj ET Q q 0 0 0 rg BT 233.29 233.45 Td (including ) Tj ET Q q 0 0 0 rg BT 271.76 233.45 Td (through ) Tj ET Q q 0 0 0 rg BT 305.24 233.45 Td (access ) Tj ET Q q 0 0 0 rg BT 336.19 233.45 Td (management, ) Tj ET Q q 0 0 0 rg BT 394.18 233.45 Td (security ) Tj ET Q q 0 0 0 rg BT 428.13 233.45 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 473.10 233.45 Td (and ) Tj ET Q q 0 0 0 rg BT 491.07 233.45 Td (testing ) Tj ET Q q 0 0 0 rg BT 520.53 233.45 Td (to ) Tj ET Q q 0 0 0 rg BT 530.99 233.45 Td (mitigate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 219.95 Td (and ) Tj ET Q q 0 0 0 rg BT 89.50 219.95 Td (help ) Tj ET Q q 0 0 0 rg BT 109.00 219.95 Td (detect ) Tj ET Q q 0 0 0 rg BT 136.01 219.95 Td (and ) Tj ET Q q 0 0 0 rg BT 153.51 219.95 Td (respond ) Tj ET Q q 0 0 0 rg BT 188.52 219.95 Td (to ) Tj ET Q q 0 0 0 rg BT 198.51 219.95 Td (attempts ) Tj ET Q q 0 0 0 rg BT 235.51 219.95 Td (to ) Tj ET Q q 0 0 0 rg BT 245.50 219.95 Td (gain ) Tj ET Q q 0 0 0 rg BT 265.00 219.95 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 319.53 219.95 Td (access ) Tj ET Q q 0 0 0 rg BT 350.03 219.95 Td (to ) Tj ET Q q 0 0 0 rg BT 360.02 219.95 Td (information ) Tj ET Q q 0 0 0 rg BT 407.02 219.95 Td (systems ) Tj ET Q q 0 0 0 rg BT 442.51 219.95 Td (and ) Tj ET Q q 0 0 0 rg BT 460.02 219.95 Td (networks, ) Tj ET Q q 0 0 0 rg BT 501.01 219.95 Td (and ) Tj ET Q q 0 0 0 rg BT 518.52 219.95 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 531.50 219.95 Td (working ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 206.45 Td (with ) Tj ET Q q 0 0 0 rg BT 89.96 206.45 Td (the ) Tj ET Q q 0 0 0 rg BT 104.43 206.45 Td (industry ) Tj ET Q q 0 0 0 rg BT 137.89 206.45 Td (and ) Tj ET Q q 0 0 0 rg BT 154.86 206.45 Td (governments ) Tj ET Q q 0 0 0 rg BT 208.85 206.45 Td (against ) Tj ET Q q 0 0 0 rg BT 239.82 206.45 Td (cyber ) Tj ET Q q 0 0 0 rg BT 263.78 206.45 Td (threats. ) Tj ET Q q 0 0 0 rg BT 295.75 206.45 Td (However) Tj ET Q q 0 0 0 rg BT 330.77 206.45 Td (, ) Tj ET Q q 0 0 0 rg BT 335.22 206.45 Td (because ) Tj ET Q q 0 0 0 rg BT 371.21 206.45 Td (of ) Tj ET Q q 0 0 0 rg BT 380.67 206.45 Td (the ) Tj ET Q q 0 0 0 rg BT 395.13 206.45 Td (evolving ) Tj ET Q q 0 0 0 rg BT 430.11 206.45 Td (nature ) Tj ET Q q 0 0 0 rg BT 457.58 206.45 Td (and ) Tj ET Q q 0 0 0 rg BT 474.55 206.45 Td (sophistication ) Tj ET Q q 0 0 0 rg BT 531.04 206.45 Td (of ) Tj ET Q q 0 0 0 rg BT 540.50 206.45 Td (these ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 192.95 Td (security ) Tj ET Q q 0 0 0 rg BT 104.44 192.95 Td (threats, ) Tj ET Q q 0 0 0 rg BT 135.89 192.95 Td (there ) Tj ET Q q 0 0 0 rg BT 157.84 192.95 Td (can ) Tj ET Q q 0 0 0 rg BT 173.79 192.95 Td (be ) Tj ET Q q 0 0 0 rg BT 185.23 192.95 Td (no ) Tj ET Q q 0 0 0 rg BT 196.68 192.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 239.63 192.95 Td (that ) Tj ET Q q 0 0 0 rg BT 256.08 192.95 Td (our ) Tj ET Q q 0 0 0 rg BT 270.52 192.95 Td (safeguards ) Tj ET Q q 0 0 0 rg BT 316.49 192.95 Td (will ) Tj ET Q q 0 0 0 rg BT 330.42 192.95 Td (detect ) Tj ET Q q 0 0 0 rg BT 356.37 192.95 Td (or ) Tj ET Q q 0 0 0 rg BT 365.81 192.95 Td (prevent ) Tj ET Q q 0 0 0 rg BT 397.26 192.95 Td (the ) Tj ET Q q 0 0 0 rg BT 411.21 192.95 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 457.16 192.95 Td (of ) Tj ET Q q 0 0 0 rg BT 466.10 192.95 Td (material ) Tj ET Q q 0 0 0 rg BT 499.55 192.95 Td (cyber ) Tj ET Q q 0 0 0 rg BT 522.99 192.95 Td (breaches, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 179.45 Td (intrusions ) Tj ET Q q 0 0 0 rg BT 113.83 179.45 Td (or ) Tj ET Q q 0 0 0 rg BT 125.15 179.45 Td (attacks. ) Tj ET Q q 0 0 0 rg BT 159.47 179.45 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 214.80 179.45 Td (while ) Tj ET Q q 0 0 0 rg BT 238.62 179.45 Td (our ) Tj ET Q q 0 0 0 rg BT 254.94 179.45 Td (liability ) Tj ET Q q 0 0 0 rg BT 285.26 179.45 Td (insurance ) Tj ET Q q 0 0 0 rg BT 327.60 179.45 Td (policy ) Tj ET Q q 0 0 0 rg BT 353.92 179.45 Td (covers ) Tj ET Q q 0 0 0 rg BT 383.74 179.45 Td (cyber ) Tj ET Q q 0 0 0 rg BT 409.06 179.45 Td (risks, ) Tj ET Q q 0 0 0 rg BT 433.37 179.45 Td (there ) Tj ET Q q 0 0 0 rg BT 457.19 179.45 Td (is ) Tj ET Q q 0 0 0 rg BT 467.01 179.45 Td (no ) Tj ET Q q 0 0 0 rg BT 480.33 179.45 Td (assurance ) Tj ET Q q 0 0 0 rg BT 525.17 179.45 Td (that ) Tj ET Q q 0 0 0 rg BT 543.49 179.45 Td (such ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 165.95 Td (insurance ) Tj ET Q q 0 0 0 rg BT 113.30 165.95 Td (coverage ) Tj ET Q q 0 0 0 rg BT 152.59 165.95 Td (will ) Tj ET Q q 0 0 0 rg BT 167.36 165.95 Td (be ) Tj ET Q q 0 0 0 rg BT 179.64 165.95 Td (suf) Tj ET Q q 0 0 0 rg BT 191.49 165.95 Td (ficient ) Tj ET Q q 0 0 0 rg BT 217.27 165.95 Td (in ) Tj ET Q q 0 0 0 rg BT 226.55 165.95 Td (type ) Tj ET Q q 0 0 0 rg BT 245.83 165.95 Td (or ) Tj ET Q q 0 0 0 rg BT 256.10 165.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 288.40 165.95 Td (to ) Tj ET Q q 0 0 0 rg BT 298.17 165.95 Td (cover ) Tj ET Q q 0 0 0 rg BT 322.45 165.95 Td (the ) Tj ET Q q 0 0 0 rg BT 337.24 165.95 Td (costs, ) Tj ET Q q 0 0 0 rg BT 363.01 165.95 Td (damages, ) Tj ET Q q 0 0 0 rg BT 404.81 165.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 441.10 165.95 Td (or ) Tj ET Q q 0 0 0 rg BT 451.37 165.95 Td (losses ) Tj ET Q q 0 0 0 rg BT 479.15 165.95 Td (that ) Tj ET Q q 0 0 0 rg BT 496.44 165.95 Td (could ) Tj ET Q q 0 0 0 rg BT 520.22 165.95 Td (result ) Tj ET Q q 0 0 0 rg BT 544.50 165.95 Td (from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 152.45 Td (security ) Tj ET Q q 0 0 0 rg BT 105.49 152.45 Td (breaches, ) Tj ET Q q 0 0 0 rg BT 147.50 152.45 Td (cyber-attacks ) Tj ET Q q 0 0 0 rg BT 203.50 152.45 Td (and ) Tj ET Q q 0 0 0 rg BT 221.00 152.45 Td (other ) Tj ET Q q 0 0 0 rg BT 244.00 152.45 Td (related ) Tj ET Q q 0 0 0 rg BT 274.00 152.45 Td (breaches. ) Tj ET Q q 0 0 0 rg BT 315.52 152.45 Td (As ) Tj ET Q q 0 0 0 rg BT 328.51 152.45 Td (the ) Tj ET Q q 0 0 0 rg BT 343.50 152.45 Td (cyber ) Tj ET Q q 0 0 0 rg BT 367.99 152.45 Td (threat ) Tj ET Q q 0 0 0 rg BT 393.49 152.45 Td (landscape ) Tj ET Q q 0 0 0 rg BT 437.01 152.45 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 472.51 152.45 Td (the ) Tj ET Q q 0 0 0 rg BT 487.50 152.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 528.51 152.45 Td (may ) Tj ET Q q 0 0 0 rg BT 547.99 152.45 Td (find ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 138.95 Td (it ) Tj ET Q q 0 0 0 rg BT 78.13 138.95 Td (necessary ) Tj ET Q q 0 0 0 rg BT 120.78 138.95 Td (to ) Tj ET Q q 0 0 0 rg BT 129.92 138.95 Td (make ) Tj ET Q q 0 0 0 rg BT 153.56 138.95 Td (further ) Tj ET Q q 0 0 0 rg BT 181.21 138.95 Td (significant ) Tj ET Q q 0 0 0 rg BT 222.86 138.95 Td (investments ) Tj ET Q q 0 0 0 rg BT 272.51 138.95 Td (to ) Tj ET Q q 0 0 0 rg BT 281.65 138.95 Td (protect ) Tj ET Q q 0 0 0 rg BT 310.79 138.95 Td (data ) Tj ET Q q 0 0 0 rg BT 329.94 138.95 Td (and ) Tj ET Q q 0 0 0 rg BT 346.59 138.95 Td (infrastructure. ) Tj ET Q q 0 0 0 rg BT 403.24 138.95 Td (Occurrence ) Tj ET Q q 0 0 0 rg BT 451.39 138.95 Td (of ) Tj ET Q q 0 0 0 rg BT 460.53 138.95 Td (any ) Tj ET Q q 0 0 0 rg BT 476.67 138.95 Td (of ) Tj ET Q q 0 0 0 rg BT 485.81 138.95 Td (the ) Tj ET Q q 0 0 0 rg BT 499.96 138.95 Td (aforementioned ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 125.45 Td (security ) Tj ET Q q 0 0 0 rg BT 106.31 125.45 Td (threats ) Tj ET Q q 0 0 0 rg BT 137.12 125.45 Td (could ) Tj ET Q q 0 0 0 rg BT 161.94 125.45 Td (expose ) Tj ET Q q 0 0 0 rg BT 194.26 125.45 Td (the ) Tj ET Q q 0 0 0 rg BT 210.07 125.45 Td (Company) Tj ET Q q 0 0 0 rg BT 247.92 125.45 Td (, ) Tj ET Q q 0 0 0 rg BT 253.72 125.45 Td (our ) Tj ET Q q 0 0 0 rg BT 270.03 125.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 298.84 125.45 Td (or ) Tj ET Q q 0 0 0 rg BT 310.14 125.45 Td (other ) Tj ET Q q 0 0 0 rg BT 333.96 125.45 Td (third ) Tj ET Q q 0 0 0 rg BT 354.77 125.45 Td (parties ) Tj ET Q q 0 0 0 rg BT 385.08 125.45 Td (to ) Tj ET Q q 0 0 0 rg BT 395.89 125.45 Td (potential ) Tj ET Q q 0 0 0 rg BT 433.21 125.45 Td (liability) Tj ET Q q 0 0 0 rg BT 459.55 125.45 Td (, ) Tj ET Q q 0 0 0 rg BT 465.35 125.45 Td (litigation, ) Tj ET Q q 0 0 0 rg BT 504.18 125.45 Td (and ) Tj ET Q q 0 0 0 rg BT 522.49 125.45 Td (regulatory ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 111.95 Td (action, ) Tj ET Q q 0 0 0 rg BT 101.53 111.95 Td (as ) Tj ET Q q 0 0 0 rg BT 114.05 111.95 Td (well ) Tj ET Q q 0 0 0 rg BT 132.57 111.95 Td (as ) Tj ET Q q 0 0 0 rg BT 145.09 111.95 Td (the ) Tj ET Q q 0 0 0 rg BT 160.62 111.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 179.64 111.95 Td (of ) Tj ET Q q 0 0 0 rg BT 190.16 111.95 Td (client ) Tj ET Q q 0 0 0 rg BT 214.18 111.95 Td (confidence, ) Tj ET Q q 0 0 0 rg BT 263.23 111.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 282.25 111.95 Td (of ) Tj ET Q q 0 0 0 rg BT 292.77 111.95 Td (existing ) Tj ET Q q 0 0 0 rg BT 326.30 111.95 Td (or ) Tj ET Q q 0 0 0 rg BT 337.32 111.95 Td (potential ) Tj ET Q q 0 0 0 rg BT 374.36 111.95 Td (clients, ) Tj ET Q q 0 0 0 rg BT 405.38 111.95 Td (loss ) Tj ET Q q 0 0 0 rg BT 424.40 111.95 Td (of ) Tj ET Q q 0 0 0 rg BT 434.92 111.95 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 472.95 111.95 Td (government ) Tj ET Q q 0 0 0 rg BT 523.49 111.95 Td (contracts, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 98.45 Td (damage ) Tj ET Q q 0 0 0 rg BT 107.02 98.45 Td (to ) Tj ET Q q 0 0 0 rg BT 117.03 98.45 Td (brand ) Tj ET Q q 0 0 0 rg BT 142.55 98.45 Td (and ) Tj ET Q q 0 0 0 rg BT 160.07 98.45 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 205.10 98.45 Td (and ) Tj ET Q q 0 0 0 rg BT 222.61 98.45 Td (other ) Tj ET Q q 0 0 0 rg BT 245.63 98.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 281.15 98.45 Td (loss.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (45) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 707.666796875 m 190.5556640625 707.666796875 l s q 0 0 0 rg BT 72.00 708.95 Td (Risk ) Tj ET Q q 0 0 0 rg BT 92.00 708.95 Td (of ) Tj ET Q q 0 0 0 rg BT 102.01 708.95 Td (harm ) Tj ET Q q 0 0 0 rg BT 125.01 708.95 Td (to ) Tj ET Q q 0 0 0 rg BT 135.02 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 150.53 708.95 Td (reputation) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 689.45 Td (CGI) Tj ET Q q 0 0 0 rg BT 89.84 689.45 Td (s ) Tj ET Q q 0 0 0 rg BT 96.39 689.45 Td (reputation ) Tj ET Q q 0 0 0 rg BT 138.46 689.45 Td (as ) Tj ET Q q 0 0 0 rg BT 150.02 689.45 Td (a ) Tj ET Q q 0 0 0 rg BT 157.07 689.45 Td (capable ) Tj ET Q q 0 0 0 rg BT 190.65 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 207.71 689.45 Td (trustworthy ) Tj ET Q q 0 0 0 rg BT 253.77 689.45 Td (service ) Tj ET Q q 0 0 0 rg BT 284.33 689.45 Td (provider ) Tj ET Q q 0 0 0 rg BT 318.89 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 335.96 689.45 Td (long-term ) Tj ET Q q 0 0 0 rg BT 376.02 689.45 Td (business ) Tj ET Q q 0 0 0 rg BT 413.59 689.45 Td (partner ) Tj ET Q q 0 0 0 rg BT 444.15 689.45 Td (is ) Tj ET Q q 0 0 0 rg BT 452.70 689.45 Td (key ) Tj ET Q q 0 0 0 rg BT 468.76 689.45 Td (to ) Tj ET Q q 0 0 0 rg BT 478.31 689.45 Td (our ) Tj ET Q q 0 0 0 rg BT 493.37 689.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 518.43 689.45 Td (to ) Tj ET Q q 0 0 0 rg BT 527.98 689.45 Td (compete ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 675.95 Td (ef) Tj ET Q q 0 0 0 rg BT 79.34 675.95 Td (fectively ) Tj ET Q q 0 0 0 rg BT 114.53 675.95 Td (in ) Tj ET Q q 0 0 0 rg BT 124.20 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 139.38 675.95 Td (market ) Tj ET Q q 0 0 0 rg BT 169.56 675.95 Td (for ) Tj ET Q q 0 0 0 rg BT 182.74 675.95 Td (IT) Tj ET Q q 0 0 0 rg BT 190.57 675.95 Td ( ) Tj ET Q q 0 0 0 rg BT 193.24 675.95 Td (services. ) Tj ET Q q 0 0 0 rg BT 231.25 675.95 Td (The ) Tj ET Q q 0 0 0 rg BT 249.43 675.95 Td (nature ) Tj ET Q q 0 0 0 rg BT 277.62 675.95 Td (of ) Tj ET Q q 0 0 0 rg BT 287.79 675.95 Td (our ) Tj ET Q q 0 0 0 rg BT 303.47 675.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 348.17 675.95 Td (exposes ) Tj ET Q q 0 0 0 rg BT 384.37 675.95 Td (us ) Tj ET Q q 0 0 0 rg BT 396.54 675.95 Td (to ) Tj ET Q q 0 0 0 rg BT 406.72 675.95 Td (the ) Tj ET Q q 0 0 0 rg BT 421.90 675.95 Td (potential ) Tj ET Q q 0 0 0 rg BT 458.60 675.95 Td (loss, ) Tj ET Q q 0 0 0 rg BT 479.78 675.95 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 534.49 675.95 Td (access ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 662.45 Td (to, ) Tj ET Q q 0 0 0 rg BT 85.71 662.45 Td (or ) Tj ET Q q 0 0 0 rg BT 97.41 662.45 Td (destruction ) Tj ET Q q 0 0 0 rg BT 145.13 662.45 Td (of ) Tj ET Q q 0 0 0 rg BT 156.34 662.45 Td (our ) Tj ET Q q 0 0 0 rg BT 173.04 662.45 Td (clients) Tj ET Q q 0 0 0 rg BT 200.22 662.45 Td ( ) Tj ET Q q 0 0 0 rg BT 203.92 662.45 Td (information, ) Tj ET Q q 0 0 0 rg BT 254.64 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 267.84 662.45 Td (well ) Tj ET Q q 0 0 0 rg BT 287.05 662.45 Td (as ) Tj ET Q q 0 0 0 rg BT 300.25 662.45 Td (temporary ) Tj ET Q q 0 0 0 rg BT 344.46 662.45 Td (service ) Tj ET Q q 0 0 0 rg BT 376.67 662.45 Td (interruptions. ) Tj ET Q q 0 0 0 rg BT 432.40 662.45 Td (Depending ) Tj ET Q q 0 0 0 rg BT 479.63 662.45 Td (on ) Tj ET Q q 0 0 0 rg BT 493.34 662.45 Td (the ) Tj ET Q q 0 0 0 rg BT 509.55 662.45 Td (nature ) Tj ET Q q 0 0 0 rg BT 538.77 662.45 Td (of ) Tj ET Q q 0 0 0 rg BT 549.98 662.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.95 Td (information ) Tj ET Q q 0 0 0 rg BT 118.43 648.95 Td (or ) Tj ET Q q 0 0 0 rg BT 128.34 648.95 Td (services, ) Tj ET Q q 0 0 0 rg BT 165.76 648.95 Td (such ) Tj ET Q q 0 0 0 rg BT 186.67 648.95 Td (events ) Tj ET Q q 0 0 0 rg BT 215.10 648.95 Td (may ) Tj ET Q q 0 0 0 rg BT 234.01 648.95 Td (have ) Tj ET Q q 0 0 0 rg BT 255.43 648.95 Td (a ) Tj ET Q q 0 0 0 rg BT 262.35 648.95 Td (negative ) Tj ET Q q 0 0 0 rg BT 298.28 648.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 326.70 648.95 Td (on ) Tj ET Q q 0 0 0 rg BT 338.62 648.95 Td (how ) Tj ET Q q 0 0 0 rg BT 357.04 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 371.46 648.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 411.88 648.95 Td (is ) Tj ET Q q 0 0 0 rg BT 420.29 648.95 Td (perceived ) Tj ET Q q 0 0 0 rg BT 461.22 648.95 Td (in ) Tj ET Q q 0 0 0 rg BT 470.13 648.95 Td (the ) Tj ET Q q 0 0 0 rg BT 484.55 648.95 Td (marketplace. ) Tj ET Q q 0 0 0 rg BT 537.98 648.95 Td (Under ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 635.45 Td (such ) Tj ET Q q 0 0 0 rg BT 94.14 635.45 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 157.28 635.45 Td (our ) Tj ET Q q 0 0 0 rg BT 173.42 635.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 199.56 635.45 Td (to ) Tj ET Q q 0 0 0 rg BT 210.19 635.45 Td (obtain ) Tj ET Q q 0 0 0 rg BT 237.84 635.45 Td (new ) Tj ET Q q 0 0 0 rg BT 257.48 635.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 286.12 635.45 Td (and ) Tj ET Q q 0 0 0 rg BT 304.26 635.45 Td (retain ) Tj ET Q q 0 0 0 rg BT 329.90 635.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 363.54 635.45 Td (clients ) Tj ET Q q 0 0 0 rg BT 392.18 635.45 Td (could ) Tj ET Q q 0 0 0 rg BT 416.83 635.45 Td (suf) Tj ET Q q 0 0 0 rg BT 428.67 635.45 Td (fer ) Tj ET Q q 0 0 0 rg BT 442.30 635.45 Td (with ) Tj ET Q q 0 0 0 rg BT 461.43 635.45 Td (a ) Tj ET Q q 0 0 0 rg BT 469.57 635.45 Td (resulting ) Tj ET Q q 0 0 0 rg BT 506.71 635.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 536.35 635.45 Td (on ) Tj ET Q q 0 0 0 rg BT 549.49 635.45 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 621.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 107.02 621.95 Td (and ) Tj ET Q q 0 0 0 rg BT 124.54 621.95 Td (net ) Tj ET Q q 0 0 0 rg BT 139.55 621.95 Td (earnings.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 598.166796875 m 291.1201171875 598.166796875 l s q 0 0 0 rg BT 72.00 599.45 Td (Risks ) Tj ET Q q 0 0 0 rg BT 96.50 599.45 Td (associated ) Tj ET Q q 0 0 0 rg BT 142.03 599.45 Td (with ) Tj ET Q q 0 0 0 rg BT 160.53 599.45 Td (the ) Tj ET Q q 0 0 0 rg BT 175.54 599.45 Td (integration ) Tj ET Q q 0 0 0 rg BT 220.07 599.45 Td (of ) Tj ET Q q 0 0 0 rg BT 230.08 599.45 Td (new ) Tj ET Q q 0 0 0 rg BT 249.09 599.45 Td (operations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 579.95 Td (The ) Tj ET Q q 0 0 0 rg BT 89.46 579.95 Td (successful ) Tj ET Q q 0 0 0 rg BT 133.43 579.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 177.42 579.95 Td (of ) Tj ET Q q 0 0 0 rg BT 186.88 579.95 Td (new ) Tj ET Q q 0 0 0 rg BT 205.34 579.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 249.33 579.95 Td (arising ) Tj ET Q q 0 0 0 rg BT 277.79 579.95 Td (from ) Tj ET Q q 0 0 0 rg BT 297.75 579.95 Td (our ) Tj ET Q q 0 0 0 rg BT 312.71 579.95 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 357.19 579.95 Td (strategy ) Tj ET Q q 0 0 0 rg BT 391.16 579.95 Td (or ) Tj ET Q q 0 0 0 rg BT 401.12 579.95 Td (from ) Tj ET Q q 0 0 0 rg BT 421.07 579.95 Td (large ) Tj ET Q q 0 0 0 rg BT 443.04 579.95 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 491.52 579.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 529.99 579.95 Td (requires ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 566.45 Td (that ) Tj ET Q q 0 0 0 rg BT 88.72 566.45 Td (a ) Tj ET Q q 0 0 0 rg BT 95.43 566.45 Td (substantial ) Tj ET Q q 0 0 0 rg BT 140.16 566.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 171.89 566.45 Td (of ) Tj ET Q q 0 0 0 rg BT 181.10 566.45 Td (management ) Tj ET Q q 0 0 0 rg BT 235.33 566.45 Td (time ) Tj ET Q q 0 0 0 rg BT 254.04 566.45 Td (and ) Tj ET Q q 0 0 0 rg BT 270.76 566.45 Td (attention ) Tj ET Q q 0 0 0 rg BT 307.00 566.45 Td (be ) Tj ET Q q 0 0 0 rg BT 318.71 566.45 Td (focused ) Tj ET Q q 0 0 0 rg BT 351.94 566.45 Td (on ) Tj ET Q q 0 0 0 rg BT 363.66 566.45 Td (integration ) Tj ET Q q 0 0 0 rg BT 407.39 566.45 Td (tasks. ) Tj ET Q q 0 0 0 rg BT 432.60 566.45 Td (Management ) Tj ET Q q 0 0 0 rg BT 486.84 566.45 Td (time ) Tj ET Q q 0 0 0 rg BT 505.55 566.45 Td (that ) Tj ET Q q 0 0 0 rg BT 522.27 566.45 Td (is ) Tj ET Q q 0 0 0 rg BT 530.47 566.45 Td (devoted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 552.95 Td (to ) Tj ET Q q 0 0 0 rg BT 81.66 552.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 125.84 552.95 Td (activities ) Tj ET Q q 0 0 0 rg BT 162.50 552.95 Td (may ) Tj ET Q q 0 0 0 rg BT 181.65 552.95 Td (detract ) Tj ET Q q 0 0 0 rg BT 211.32 552.95 Td (from ) Tj ET Q q 0 0 0 rg BT 231.47 552.95 Td (management) Tj ET Q q 0 0 0 rg BT 285.84 552.95 Td (s ) Tj ET Q q 0 0 0 rg BT 292.49 552.95 Td (normal ) Tj ET Q q 0 0 0 rg BT 322.15 552.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 366.33 552.95 Td (focus ) Tj ET Q q 0 0 0 rg BT 390.00 552.95 Td (with ) Tj ET Q q 0 0 0 rg BT 408.15 552.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 444.32 552.95 Td (pressure ) Tj ET Q q 0 0 0 rg BT 481.49 552.95 Td (on ) Tj ET Q q 0 0 0 rg BT 493.65 552.95 Td (the ) Tj ET Q q 0 0 0 rg BT 508.31 552.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 547.49 552.95 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 539.45 Td (earnings ) Tj ET Q q 0 0 0 rg BT 110.54 539.45 Td (from ) Tj ET Q q 0 0 0 rg BT 132.56 539.45 Td (our ) Tj ET Q q 0 0 0 rg BT 149.58 539.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 184.12 539.45 Td (operations. ) Tj ET Q q 0 0 0 rg BT 232.66 539.45 Td (In ) Tj ET Q q 0 0 0 rg BT 244.19 539.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 282.23 539.45 Td (we ) Tj ET Q q 0 0 0 rg BT 297.75 539.45 Td (may ) Tj ET Q q 0 0 0 rg BT 318.77 539.45 Td (face ) Tj ET Q q 0 0 0 rg BT 339.80 539.45 Td (complex ) Tj ET Q q 0 0 0 rg BT 377.33 539.45 Td (and ) Tj ET Q q 0 0 0 rg BT 396.36 539.45 Td (potentially ) Tj ET Q q 0 0 0 rg BT 440.91 539.45 Td (time-consuming ) Tj ET Q q 0 0 0 rg BT 508.45 539.45 Td (challenges ) Tj ET Q q 0 0 0 rg BT 555.49 539.45 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 525.95 Td (implementing ) Tj ET Q q 0 0 0 rg BT 128.08 525.95 Td (uniform ) Tj ET Q q 0 0 0 rg BT 160.65 525.95 Td (standards, ) Tj ET Q q 0 0 0 rg BT 205.24 525.95 Td (controls, ) Tj ET Q q 0 0 0 rg BT 241.81 525.95 Td (procedures ) Tj ET Q q 0 0 0 rg BT 289.40 525.95 Td (and ) Tj ET Q q 0 0 0 rg BT 306.97 525.95 Td (policies ) Tj ET Q q 0 0 0 rg BT 339.54 525.95 Td (across ) Tj ET Q q 0 0 0 rg BT 368.61 525.95 Td (new ) Tj ET Q q 0 0 0 rg BT 387.68 525.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 432.27 525.95 Td (when ) Tj ET Q q 0 0 0 rg BT 456.34 525.95 Td (harmonizing ) Tj ET Q q 0 0 0 rg BT 507.93 525.95 Td (their ) Tj ET Q q 0 0 0 rg BT 528.00 525.95 Td (activities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 512.45 Td (with ) Tj ET Q q 0 0 0 rg BT 90.05 512.45 Td (those ) Tj ET Q q 0 0 0 rg BT 114.11 512.45 Td (of ) Tj ET Q q 0 0 0 rg BT 123.66 512.45 Td (our ) Tj ET Q q 0 0 0 rg BT 138.71 512.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 171.28 512.45 Td (business ) Tj ET Q q 0 0 0 rg BT 208.84 512.45 Td (units. ) Tj ET Q q 0 0 0 rg BT 232.40 512.45 Td (Integration ) Tj ET Q q 0 0 0 rg BT 276.97 512.45 Td (activities ) Tj ET Q q 0 0 0 rg BT 313.53 512.45 Td (can ) Tj ET Q q 0 0 0 rg BT 330.08 512.45 Td (result ) Tj ET Q q 0 0 0 rg BT 354.14 512.45 Td (in ) Tj ET Q q 0 0 0 rg BT 363.19 512.45 Td (unanticipated ) Tj ET Q q 0 0 0 rg BT 418.77 512.45 Td (operational ) Tj ET Q q 0 0 0 rg BT 465.35 512.45 Td (problems, ) Tj ET Q q 0 0 0 rg BT 506.91 512.45 Td (expenses ) Tj ET Q q 0 0 0 rg BT 547.49 512.45 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 498.95 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 111.20 498.95 Td (If ) Tj ET Q q 0 0 0 rg BT 118.88 498.95 Td (we ) Tj ET Q q 0 0 0 rg BT 133.06 498.95 Td (are ) Tj ET Q q 0 0 0 rg BT 148.75 498.95 Td (not ) Tj ET Q q 0 0 0 rg BT 163.94 498.95 Td (successful ) Tj ET Q q 0 0 0 rg BT 208.64 498.95 Td (in ) Tj ET Q q 0 0 0 rg BT 218.33 498.95 Td (executing ) Tj ET Q q 0 0 0 rg BT 259.54 498.95 Td (our ) Tj ET Q q 0 0 0 rg BT 275.23 498.95 Td (integration ) Tj ET Q q 0 0 0 rg BT 319.94 498.95 Td (strategies ) Tj ET Q q 0 0 0 rg BT 361.64 498.95 Td (in ) Tj ET Q q 0 0 0 rg BT 371.32 498.95 Td (a ) Tj ET Q q 0 0 0 rg BT 379.01 498.95 Td (timely ) Tj ET Q q 0 0 0 rg BT 405.19 498.95 Td (and ) Tj ET Q q 0 0 0 rg BT 422.89 498.95 Td (cost-ef) Tj ET Q q 0 0 0 rg BT 449.73 498.95 Td (fective ) Tj ET Q q 0 0 0 rg BT 478.43 498.95 Td (manner) Tj ET Q q 0 0 0 rg BT 508.45 498.95 Td (, ) Tj ET Q q 0 0 0 rg BT 513.63 498.95 Td (we ) Tj ET Q q 0 0 0 rg BT 527.81 498.95 Td (will ) Tj ET Q q 0 0 0 rg BT 542.99 498.95 Td (have ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 485.45 Td (dif) Tj ET Q q 0 0 0 rg BT 81.34 485.45 Td (ficulty ) Tj ET Q q 0 0 0 rg BT 106.85 485.45 Td (achieving ) Tj ET Q q 0 0 0 rg BT 147.38 485.45 Td (our ) Tj ET Q q 0 0 0 rg BT 162.88 485.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 192.40 485.45 Td (and ) Tj ET Q q 0 0 0 rg BT 209.91 485.45 Td (profitability ) Tj ET Q q 0 0 0 rg BT 255.43 485.45 Td (objectives.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 461.666796875 m 157.02978515625 461.666796875 l s q 0 0 0 rg BT 72.00 462.95 Td (Internal ) Tj ET Q q 0 0 0 rg BT 104.52 462.95 Td (controls ) Tj ET Q q 0 0 0 rg BT 138.53 462.95 Td (risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 443.45 Td (Due ) Tj ET Q q 0 0 0 rg BT 90.50 443.45 Td (to ) Tj ET Q q 0 0 0 rg BT 99.99 443.45 Td (the ) Tj ET Q q 0 0 0 rg BT 114.49 443.45 Td (inherent ) Tj ET Q q 0 0 0 rg BT 149.00 443.45 Td (limitations ) Tj ET Q q 0 0 0 rg BT 191.00 443.45 Td (of ) Tj ET Q q 0 0 0 rg BT 200.50 443.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 232.00 443.45 Td (controls ) Tj ET Q q 0 0 0 rg BT 265.50 443.45 Td (including ) Tj ET Q q 0 0 0 rg BT 303.02 443.45 Td (the ) Tj ET Q q 0 0 0 rg BT 317.52 443.45 Td (circumvention ) Tj ET Q q 0 0 0 rg BT 375.02 443.45 Td (or ) Tj ET Q q 0 0 0 rg BT 385.01 443.45 Td (overriding ) Tj ET Q q 0 0 0 rg BT 426.52 443.45 Td (of ) Tj ET Q q 0 0 0 rg BT 436.02 443.45 Td (controls, ) Tj ET Q q 0 0 0 rg BT 472.02 443.45 Td (or ) Tj ET Q q 0 0 0 rg BT 482.01 443.45 Td (fraud, ) Tj ET Q q 0 0 0 rg BT 507.01 443.45 Td (there ) Tj ET Q q 0 0 0 rg BT 529.51 443.45 Td (can ) Tj ET Q q 0 0 0 rg BT 546.01 443.45 Td (only ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 429.95 Td (be ) Tj ET Q q 0 0 0 rg BT 85.27 429.95 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 133.06 429.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 177.85 429.95 Td (that ) Tj ET Q q 0 0 0 rg BT 196.12 429.95 Td (the ) Tj ET Q q 0 0 0 rg BT 211.89 429.95 Td (Company) Tj ET Q q 0 0 0 rg BT 252.25 429.95 Td (s ) Tj ET Q q 0 0 0 rg BT 260.01 429.95 Td (internal ) Tj ET Q q 0 0 0 rg BT 292.78 429.95 Td (controls ) Tj ET Q q 0 0 0 rg BT 327.56 429.95 Td (will ) Tj ET Q q 0 0 0 rg BT 343.31 429.95 Td (detect ) Tj ET Q q 0 0 0 rg BT 371.09 429.95 Td (and ) Tj ET Q q 0 0 0 rg BT 389.37 429.95 Td (prevent ) Tj ET Q q 0 0 0 rg BT 422.65 429.95 Td (a ) Tj ET Q q 0 0 0 rg BT 430.91 429.95 Td (misstatement. ) Tj ET Q q 0 0 0 rg BT 490.19 429.95 Td (If ) Tj ET Q q 0 0 0 rg BT 498.45 429.95 Td (the ) Tj ET Q q 0 0 0 rg BT 514.22 429.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 556.00 429.95 Td (is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 416.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 101.39 416.45 Td (to ) Tj ET Q q 0 0 0 rg BT 111.25 416.45 Td (design, ) Tj ET Q q 0 0 0 rg BT 142.64 416.45 Td (implement, ) Tj ET Q q 0 0 0 rg BT 189.01 416.45 Td (monitor ) Tj ET Q q 0 0 0 rg BT 221.39 416.45 Td (and ) Tj ET Q q 0 0 0 rg BT 238.76 416.45 Td (maintain ) Tj ET Q q 0 0 0 rg BT 275.14 416.45 Td (ef) Tj ET Q q 0 0 0 rg BT 282.49 416.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 310.86 416.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 342.74 416.45 Td (controls ) Tj ET Q q 0 0 0 rg BT 376.61 416.45 Td (throughout ) Tj ET Q q 0 0 0 rg BT 422.01 416.45 Td (its ) Tj ET Q q 0 0 0 rg BT 433.37 416.45 Td (dif) Tj ET Q q 0 0 0 rg BT 442.71 416.45 Td (ferent ) Tj ET Q q 0 0 0 rg BT 468.09 416.45 Td (business ) Tj ET Q q 0 0 0 rg BT 505.97 416.45 Td (environments, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 402.95 Td (the ) Tj ET Q q 0 0 0 rg BT 86.55 402.95 Td (ef) Tj ET Q q 0 0 0 rg BT 93.89 402.95 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 125.94 402.95 Td (of ) Tj ET Q q 0 0 0 rg BT 135.48 402.95 Td (our ) Tj ET Q q 0 0 0 rg BT 150.52 402.95 Td (operations ) Tj ET Q q 0 0 0 rg BT 194.59 402.95 Td (might ) Tj ET Q q 0 0 0 rg BT 218.64 402.95 Td (suf) Tj ET Q q 0 0 0 rg BT 230.48 402.95 Td (fer) Tj ET Q q 0 0 0 rg BT 240.48 402.95 Td (, ) Tj ET Q q 0 0 0 rg BT 245.02 402.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 281.08 402.95 Td (in ) Tj ET Q q 0 0 0 rg BT 290.12 402.95 Td (a ) Tj ET Q q 0 0 0 rg BT 297.16 402.95 Td (decline ) Tj ET Q q 0 0 0 rg BT 327.72 402.95 Td (in ) Tj ET Q q 0 0 0 rg BT 336.76 402.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 371.32 402.95 Td (and ) Tj ET Q q 0 0 0 rg BT 388.37 402.95 Td (profitability) Tj ET Q q 0 0 0 rg BT 430.72 402.95 Td (, ) Tj ET Q q 0 0 0 rg BT 435.26 402.95 Td (and ) Tj ET Q q 0 0 0 rg BT 452.31 402.95 Td (the ) Tj ET Q q 0 0 0 rg BT 466.86 402.95 Td (accuracy ) Tj ET Q q 0 0 0 rg BT 504.91 402.95 Td (of ) Tj ET Q q 0 0 0 rg BT 514.45 402.95 Td (our ) Tj ET Q q 0 0 0 rg BT 529.50 402.95 Td (financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 389.45 Td (reporting ) Tj ET Q q 0 0 0 rg BT 110.02 389.45 Td (could ) Tj ET Q q 0 0 0 rg BT 134.04 389.45 Td (be ) Tj ET Q q 0 0 0 rg BT 146.55 389.45 Td (impaired.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 368.666796875 m 175.5615234375 368.666796875 l s q 0 0 0 rg BT 72.00 369.95 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 107.52 369.95 Td (and ) Tj ET Q q 0 0 0 rg BT 125.04 369.95 Td (funding ) Tj ET Q q 0 0 0 rg BT 157.06 369.95 Td (risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 350.45 Td (The ) Tj ET Q q 0 0 0 rg BT 89.69 350.45 Td (Company) Tj ET Q q 0 0 0 rg BT 130.04 350.45 Td (s ) Tj ET Q q 0 0 0 rg BT 136.72 350.45 Td (future ) Tj ET Q q 0 0 0 rg BT 161.91 350.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 191.10 350.45 Td (is ) Tj ET Q q 0 0 0 rg BT 199.78 350.45 Td (contingent ) Tj ET Q q 0 0 0 rg BT 243.49 350.45 Td (on ) Tj ET Q q 0 0 0 rg BT 255.68 350.45 Td (the ) Tj ET Q q 0 0 0 rg BT 270.37 350.45 Td (execution ) Tj ET Q q 0 0 0 rg BT 311.08 350.45 Td (of ) Tj ET Q q 0 0 0 rg BT 320.76 350.45 Td (its ) Tj ET Q q 0 0 0 rg BT 331.94 350.45 Td (business ) Tj ET Q q 0 0 0 rg BT 369.64 350.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 400.98 350.45 Td (, ) Tj ET Q q 0 0 0 rg BT 405.66 350.45 Td (which, ) Tj ET Q q 0 0 0 rg BT 433.35 350.45 Td (in ) Tj ET Q q 0 0 0 rg BT 442.53 350.45 Td (turn, ) Tj ET Q q 0 0 0 rg BT 462.72 350.45 Td (is ) Tj ET Q q 0 0 0 rg BT 471.40 350.45 Td (dependent ) Tj ET Q q 0 0 0 rg BT 516.12 350.45 Td (on ) Tj ET Q q 0 0 0 rg BT 528.31 350.45 Td (its ) Tj ET Q q 0 0 0 rg BT 539.49 350.45 Td (ability ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 336.95 Td (to ) Tj ET Q q 0 0 0 rg BT 81.39 336.95 Td (grow ) Tj ET Q q 0 0 0 rg BT 102.79 336.95 Td (the ) Tj ET Q q 0 0 0 rg BT 117.18 336.95 Td (business ) Tj ET Q q 0 0 0 rg BT 154.59 336.95 Td (organically ) Tj ET Q q 0 0 0 rg BT 199.50 336.95 Td (as ) Tj ET Q q 0 0 0 rg BT 210.89 336.95 Td (well ) Tj ET Q q 0 0 0 rg BT 228.28 336.95 Td (as ) Tj ET Q q 0 0 0 rg BT 239.67 336.95 Td (through ) Tj ET Q q 0 0 0 rg BT 272.08 336.95 Td (business ) Tj ET Q q 0 0 0 rg BT 309.49 336.95 Td (acquisitions. ) Tj ET Q q 0 0 0 rg BT 360.90 336.95 Td (In ) Tj ET Q q 0 0 0 rg BT 370.29 336.95 Td (the ) Tj ET Q q 0 0 0 rg BT 384.69 336.95 Td (event ) Tj ET Q q 0 0 0 rg BT 408.60 336.95 Td (we ) Tj ET Q q 0 0 0 rg BT 421.99 336.95 Td (would ) Tj ET Q q 0 0 0 rg BT 447.39 336.95 Td (need ) Tj ET Q q 0 0 0 rg BT 469.30 336.95 Td (to ) Tj ET Q q 0 0 0 rg BT 478.69 336.95 Td (raise ) Tj ET Q q 0 0 0 rg BT 500.08 336.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 540.50 336.95 Td (funds ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 323.45 Td (through ) Tj ET Q q 0 0 0 rg BT 107.01 323.45 Td (equity ) Tj ET Q q 0 0 0 rg BT 135.50 323.45 Td (or ) Tj ET Q q 0 0 0 rg BT 147.99 323.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 169.99 323.45 Td (financing ) Tj ET Q q 0 0 0 rg BT 210.49 323.45 Td (to ) Tj ET Q q 0 0 0 rg BT 222.48 323.45 Td (fund ) Tj ET Q q 0 0 0 rg BT 244.48 323.45 Td (any ) Tj ET Q q 0 0 0 rg BT 263.47 323.45 Td (currently ) Tj ET Q q 0 0 0 rg BT 302.46 323.45 Td (unidentified ) Tj ET Q q 0 0 0 rg BT 352.98 323.45 Td (or ) Tj ET Q q 0 0 0 rg BT 365.46 323.45 Td (unplanned ) Tj ET Q q 0 0 0 rg BT 411.99 323.45 Td (future ) Tj ET Q q 0 0 0 rg BT 439.48 323.45 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 490.99 323.45 Td (and ) Tj ET Q q 0 0 0 rg BT 510.49 323.45 Td (other ) Tj ET Q q 0 0 0 rg BT 535.48 323.45 Td (growth ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 309.95 Td (opportunities, ) Tj ET Q q 0 0 0 rg BT 128.27 309.95 Td (there ) Tj ET Q q 0 0 0 rg BT 151.02 309.95 Td (can ) Tj ET Q q 0 0 0 rg BT 167.77 309.95 Td (be ) Tj ET Q q 0 0 0 rg BT 180.01 309.95 Td (no ) Tj ET Q q 0 0 0 rg BT 192.26 309.95 Td (assurance ) Tj ET Q q 0 0 0 rg BT 236.02 309.95 Td (that ) Tj ET Q q 0 0 0 rg BT 253.26 309.95 Td (such ) Tj ET Q q 0 0 0 rg BT 274.51 309.95 Td (financing ) Tj ET Q q 0 0 0 rg BT 312.77 309.95 Td (will ) Tj ET Q q 0 0 0 rg BT 327.51 309.95 Td (be ) Tj ET Q q 0 0 0 rg BT 339.75 309.95 Td (available ) Tj ET Q q 0 0 0 rg BT 377.51 309.95 Td (in ) Tj ET Q q 0 0 0 rg BT 386.75 309.95 Td (amounts ) Tj ET Q q 0 0 0 rg BT 423.51 309.95 Td (and ) Tj ET Q q 0 0 0 rg BT 440.76 309.95 Td (on ) Tj ET Q q 0 0 0 rg BT 453.00 309.95 Td (terms ) Tj ET Q q 0 0 0 rg BT 477.74 309.95 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 523.51 309.95 Td (to ) Tj ET Q q 0 0 0 rg BT 533.25 309.95 Td (us. ) Tj ET Q q 0 0 0 rg BT 547.49 309.95 Td (Our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 296.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 97.70 296.45 Td (to ) Tj ET Q q 0 0 0 rg BT 107.89 296.45 Td (raise ) Tj ET Q q 0 0 0 rg BT 130.08 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 145.28 296.45 Td (required ) Tj ET Q q 0 0 0 rg BT 180.98 296.45 Td (funding ) Tj ET Q q 0 0 0 rg BT 213.20 296.45 Td (depends ) Tj ET Q q 0 0 0 rg BT 250.42 296.45 Td (on ) Tj ET Q q 0 0 0 rg BT 263.11 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 278.31 296.45 Td (capacity ) Tj ET Q q 0 0 0 rg BT 314.01 296.45 Td (of ) Tj ET Q q 0 0 0 rg BT 324.20 296.45 Td (the ) Tj ET Q q 0 0 0 rg BT 339.40 296.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 368.10 296.45 Td (markets ) Tj ET Q q 0 0 0 rg BT 402.79 296.45 Td (to ) Tj ET Q q 0 0 0 rg BT 412.99 296.45 Td (meet ) Tj ET Q q 0 0 0 rg BT 435.68 296.45 Td (our ) Tj ET Q q 0 0 0 rg BT 451.37 296.45 Td (equity ) Tj ET Q q 0 0 0 rg BT 478.08 296.45 Td (and/or ) Tj ET Q q 0 0 0 rg BT 506.28 296.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 526.48 296.45 Td (financing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 282.95 Td (needs ) Tj ET Q q 0 0 0 rg BT 99.80 282.95 Td (in ) Tj ET Q q 0 0 0 rg BT 110.09 282.95 Td (a ) Tj ET Q q 0 0 0 rg BT 118.38 282.95 Td (timely ) Tj ET Q q 0 0 0 rg BT 145.17 282.95 Td (fashion ) Tj ET Q q 0 0 0 rg BT 177.47 282.95 Td (and ) Tj ET Q q 0 0 0 rg BT 195.77 282.95 Td (on ) Tj ET Q q 0 0 0 rg BT 209.06 282.95 Td (the ) Tj ET Q q 0 0 0 rg BT 224.86 282.95 Td (basis ) Tj ET Q q 0 0 0 rg BT 249.15 282.95 Td (of ) Tj ET Q q 0 0 0 rg BT 259.94 282.95 Td (interest ) Tj ET Q q 0 0 0 rg BT 292.74 282.95 Td (rates ) Tj ET Q q 0 0 0 rg BT 316.03 282.95 Td (and/or ) Tj ET Q q 0 0 0 rg BT 344.83 282.95 Td (share ) Tj ET Q q 0 0 0 rg BT 370.63 282.95 Td (prices ) Tj ET Q q 0 0 0 rg BT 397.92 282.95 Td (that ) Tj ET Q q 0 0 0 rg BT 416.21 282.95 Td (are ) Tj ET Q q 0 0 0 rg BT 432.50 282.95 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 480.32 282.95 Td (in ) Tj ET Q q 0 0 0 rg BT 490.61 282.95 Td (the ) Tj ET Q q 0 0 0 rg BT 506.40 282.95 Td (context ) Tj ET Q q 0 0 0 rg BT 538.71 282.95 Td (of ) Tj ET Q q 0 0 0 rg BT 549.49 282.95 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 269.45 Td (commercial ) Tj ET Q q 0 0 0 rg BT 120.55 269.45 Td (objectives. ) Tj ET Q q 0 0 0 rg BT 165.61 269.45 Td (Increasing ) Tj ET Q q 0 0 0 rg BT 209.68 269.45 Td (interest ) Tj ET Q q 0 0 0 rg BT 241.74 269.45 Td (rates, ) Tj ET Q q 0 0 0 rg BT 266.79 269.45 Td (volatility ) Tj ET Q q 0 0 0 rg BT 301.34 269.45 Td (in ) Tj ET Q q 0 0 0 rg BT 310.89 269.45 Td (our ) Tj ET Q q 0 0 0 rg BT 326.44 269.45 Td (share ) Tj ET Q q 0 0 0 rg BT 351.50 269.45 Td (price, ) Tj ET Q q 0 0 0 rg BT 376.05 269.45 Td (and ) Tj ET Q q 0 0 0 rg BT 393.61 269.45 Td (the ) Tj ET Q q 0 0 0 rg BT 408.67 269.45 Td (capacity ) Tj ET Q q 0 0 0 rg BT 444.23 269.45 Td (of ) Tj ET Q q 0 0 0 rg BT 454.28 269.45 Td (our ) Tj ET Q q 0 0 0 rg BT 469.83 269.45 Td (current ) Tj ET Q q 0 0 0 rg BT 500.38 269.45 Td (lenders ) Tj ET Q q 0 0 0 rg BT 532.44 269.45 Td (to ) Tj ET Q q 0 0 0 rg BT 542.49 269.45 Td (meet ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 255.95 Td (our ) Tj ET Q q 0 0 0 rg BT 88.25 255.95 Td (additional ) Tj ET Q q 0 0 0 rg BT 130.03 255.95 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 163.29 255.95 Td (requirements ) Tj ET Q q 0 0 0 rg BT 219.06 255.95 Td (are ) Tj ET Q q 0 0 0 rg BT 235.32 255.95 Td (all ) Tj ET Q q 0 0 0 rg BT 247.57 255.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 277.82 255.95 Td (that ) Tj ET Q q 0 0 0 rg BT 296.08 255.95 Td (may ) Tj ET Q q 0 0 0 rg BT 316.33 255.95 Td (have ) Tj ET Q q 0 0 0 rg BT 339.09 255.95 Td (a ) Tj ET Q q 0 0 0 rg BT 347.35 255.95 Td (material ) Tj ET Q q 0 0 0 rg BT 382.60 255.95 Td (adverse ) Tj ET Q q 0 0 0 rg BT 417.87 255.95 Td (ef) Tj ET Q q 0 0 0 rg BT 425.21 255.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 442.96 255.95 Td (on ) Tj ET Q q 0 0 0 rg BT 456.22 255.95 Td (any ) Tj ET Q q 0 0 0 rg BT 473.98 255.95 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 524.25 255.95 Td (or ) Tj ET Q q 0 0 0 rg BT 535.50 255.95 Td (growth ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 242.45 Td (activities ) Tj ET Q q 0 0 0 rg BT 109.22 242.45 Td (that ) Tj ET Q q 0 0 0 rg BT 126.95 242.45 Td (we ) Tj ET Q q 0 0 0 rg BT 141.17 242.45 Td (may) Tj ET Q q 0 0 0 rg BT 157.50 242.45 Td (, ) Tj ET Q q 0 0 0 rg BT 162.71 242.45 Td (in ) Tj ET Q q 0 0 0 rg BT 172.43 242.45 Td (the ) Tj ET Q q 0 0 0 rg BT 187.66 242.45 Td (future, ) Tj ET Q q 0 0 0 rg BT 215.88 242.45 Td (identify ) Tj ET Q q 0 0 0 rg BT 247.11 242.45 Td (or ) Tj ET Q q 0 0 0 rg BT 257.83 242.45 Td (plan. ) Tj ET Q q 0 0 0 rg BT 280.06 242.45 Td (If ) Tj ET Q q 0 0 0 rg BT 287.77 242.45 Td (we ) Tj ET Q q 0 0 0 rg BT 301.99 242.45 Td (are ) Tj ET Q q 0 0 0 rg BT 317.71 242.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 347.45 242.45 Td (to ) Tj ET Q q 0 0 0 rg BT 357.67 242.45 Td (obtain ) Tj ET Q q 0 0 0 rg BT 384.90 242.45 Td (the ) Tj ET Q q 0 0 0 rg BT 400.13 242.45 Td (necessary ) Tj ET Q q 0 0 0 rg BT 443.86 242.45 Td (funding, ) Tj ET Q q 0 0 0 rg BT 478.60 242.45 Td (we ) Tj ET Q q 0 0 0 rg BT 492.81 242.45 Td (may ) Tj ET Q q 0 0 0 rg BT 512.53 242.45 Td (be ) Tj ET Q q 0 0 0 rg BT 525.25 242.45 Td (unable ) Tj ET Q q 0 0 0 rg BT 554.99 242.45 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 228.95 Td (achieve ) Tj ET Q q 0 0 0 rg BT 105.52 228.95 Td (our ) Tj ET Q q 0 0 0 rg BT 121.03 228.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 150.54 228.95 Td (objectives.) Tj ET Q BT /F4 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 72 205.16679687500005 m 160.54541015625 205.16679687500005 l s q 0 0 0 rg BT 72.00 206.45 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 105.02 206.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 146.55 206.45 Td (risk) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 186.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.93 186.95 Td (majority ) Tj ET Q q 0 0 0 rg BT 125.86 186.95 Td (of ) Tj ET Q q 0 0 0 rg BT 136.79 186.95 Td (our ) Tj ET Q q 0 0 0 rg BT 153.23 186.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 189.17 186.95 Td (and ) Tj ET Q q 0 0 0 rg BT 207.62 186.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 232.05 186.95 Td (are ) Tj ET Q q 0 0 0 rg BT 248.48 186.95 Td (denominated ) Tj ET Q q 0 0 0 rg BT 303.94 186.95 Td (in ) Tj ET Q q 0 0 0 rg BT 314.37 186.95 Td (currencies ) Tj ET Q q 0 0 0 rg BT 359.31 186.95 Td (other ) Tj ET Q q 0 0 0 rg BT 383.25 186.95 Td (than ) Tj ET Q q 0 0 0 rg BT 404.19 186.95 Td (the ) Tj ET Q q 0 0 0 rg BT 420.13 186.95 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 462.08 186.95 Td (dollar) Tj ET Q q 0 0 0 rg BT 483.60 186.95 Td (. ) Tj ET Q q 0 0 0 rg BT 489.53 186.95 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 523.47 186.95 Td (exchange ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 173.45 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 120.02 173.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 149.03 173.45 Td (the ) Tj ET Q q 0 0 0 rg BT 164.04 173.45 Td (results ) Tj ET Q q 0 0 0 rg BT 193.04 173.45 Td (of ) Tj ET Q q 0 0 0 rg BT 203.04 173.45 Td (our ) Tj ET Q q 0 0 0 rg BT 218.55 173.45 Td (operations ) Tj ET Q q 0 0 0 rg BT 263.07 173.45 Td (as ) Tj ET Q q 0 0 0 rg BT 275.08 173.45 Td (they ) Tj ET Q q 0 0 0 rg BT 294.58 173.45 Td (are ) Tj ET Q q 0 0 0 rg BT 310.09 173.45 Td (reported ) Tj ET Q q 0 0 0 rg BT 346.11 173.45 Td (in ) Tj ET Q q 0 0 0 rg BT 355.61 173.45 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 396.63 173.45 Td (dollars. ) Tj ET Q q 0 0 0 rg BT 427.98 173.45 Td (This ) Tj ET Q q 0 0 0 rg BT 447.48 173.45 Td (risk ) Tj ET Q q 0 0 0 rg BT 463.97 173.45 Td (is ) Tj ET Q q 0 0 0 rg BT 472.97 173.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 506.48 173.45 Td (mitigated ) Tj ET Q q 0 0 0 rg BT 545.49 173.45 Td (by ) Tj ET Q q 0 0 0 rg BT 557.50 173.45 Td (a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 159.95 Td (natural ) Tj ET Q q 0 0 0 rg BT 102.35 159.95 Td (hedge ) Tj ET Q q 0 0 0 rg BT 130.20 159.95 Td (in ) Tj ET Q q 0 0 0 rg BT 140.03 159.95 Td (matching ) Tj ET Q q 0 0 0 rg BT 179.38 159.95 Td (our ) Tj ET Q q 0 0 0 rg BT 195.21 159.95 Td (costs ) Tj ET Q q 0 0 0 rg BT 219.05 159.95 Td (with ) Tj ET Q q 0 0 0 rg BT 237.88 159.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 273.23 159.95 Td (denominated ) Tj ET Q q 0 0 0 rg BT 328.10 159.95 Td (in ) Tj ET Q q 0 0 0 rg BT 337.93 159.95 Td (the ) Tj ET Q q 0 0 0 rg BT 353.27 159.95 Td (same ) Tj ET Q q 0 0 0 rg BT 378.11 159.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 415.44 159.95 Td (and ) Tj ET Q q 0 0 0 rg BT 433.29 159.95 Td (through ) Tj ET Q q 0 0 0 rg BT 466.64 159.95 Td (the ) Tj ET Q q 0 0 0 rg BT 481.98 159.95 Td (use ) Tj ET Q q 0 0 0 rg BT 499.32 159.95 Td (of ) Tj ET Q q 0 0 0 rg BT 509.65 159.95 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 555.50 159.95 Td (in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 146.45 Td (our ) Tj ET Q q 0 0 0 rg BT 87.81 146.45 Td (global ) Tj ET Q q 0 0 0 rg BT 114.63 146.45 Td (hedging ) Tj ET Q q 0 0 0 rg BT 149.46 146.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 180.80 146.45 Td (. ) Tj ET Q q 0 0 0 rg BT 186.10 146.45 Td (However) Tj ET Q q 0 0 0 rg BT 221.12 146.45 Td (, ) Tj ET Q q 0 0 0 rg BT 226.41 146.45 Td (as ) Tj ET Q q 0 0 0 rg BT 238.72 146.45 Td (we ) Tj ET Q q 0 0 0 rg BT 253.02 146.45 Td (continue ) Tj ET Q q 0 0 0 rg BT 289.85 146.45 Td (our ) Tj ET Q q 0 0 0 rg BT 305.65 146.45 Td (global ) Tj ET Q q 0 0 0 rg BT 332.47 146.45 Td (expansion, ) Tj ET Q q 0 0 0 rg BT 378.80 146.45 Td (natural ) Tj ET Q q 0 0 0 rg BT 409.12 146.45 Td (hedges ) Tj ET Q q 0 0 0 rg BT 441.44 146.45 Td (may ) Tj ET Q q 0 0 0 rg BT 461.25 146.45 Td (begin ) Tj ET Q q 0 0 0 rg BT 486.06 146.45 Td (to ) Tj ET Q q 0 0 0 rg BT 496.37 146.45 Td (diminish ) Tj ET Q q 0 0 0 rg BT 532.18 146.45 Td (and ) Tj ET Q q 0 0 0 rg BT 549.99 146.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 132.95 Td (use ) Tj ET Q q 0 0 0 rg BT 89.89 132.95 Td (of ) Tj ET Q q 0 0 0 rg BT 100.78 132.95 Td (hedging ) Tj ET Q q 0 0 0 rg BT 136.19 132.95 Td (contracts ) Tj ET Q q 0 0 0 rg BT 176.09 132.95 Td (exposes ) Tj ET Q q 0 0 0 rg BT 212.99 132.95 Td (us ) Tj ET Q q 0 0 0 rg BT 225.87 132.95 Td (to ) Tj ET Q q 0 0 0 rg BT 236.76 132.95 Td (the ) Tj ET Q q 0 0 0 rg BT 252.65 132.95 Td (risk ) Tj ET Q q 0 0 0 rg BT 270.03 132.95 Td (that ) Tj ET Q q 0 0 0 rg BT 288.42 132.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 324.82 132.95 Td (institutions ) Tj ET Q q 0 0 0 rg BT 370.73 132.95 Td (could ) Tj ET Q q 0 0 0 rg BT 395.62 132.95 Td (fail ) Tj ET Q q 0 0 0 rg BT 410.51 132.95 Td (to ) Tj ET Q q 0 0 0 rg BT 421.40 132.95 Td (perform ) Tj ET Q q 0 0 0 rg BT 455.78 132.95 Td (their ) Tj ET Q q 0 0 0 rg BT 476.67 132.95 Td (obligations ) Tj ET Q q 0 0 0 rg BT 523.09 132.95 Td (under ) Tj ET Q q 0 0 0 rg BT 549.48 132.95 Td (our ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 119.45 Td (hedging ) Tj ET Q q 0 0 0 rg BT 107.24 119.45 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 159.47 119.45 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 214.70 119.45 Td (there ) Tj ET Q q 0 0 0 rg BT 238.43 119.45 Td (can ) Tj ET Q q 0 0 0 rg BT 256.15 119.45 Td (be ) Tj ET Q q 0 0 0 rg BT 269.37 119.45 Td (no ) Tj ET Q q 0 0 0 rg BT 282.59 119.45 Td (assurance ) Tj ET Q q 0 0 0 rg BT 327.33 119.45 Td (that ) Tj ET Q q 0 0 0 rg BT 345.56 119.45 Td (our ) Tj ET Q q 0 0 0 rg BT 361.78 119.45 Td (hedging ) Tj ET Q q 0 0 0 rg BT 397.02 119.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 432.25 119.45 Td (and ) Tj ET Q q 0 0 0 rg BT 450.47 119.45 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 509.22 119.45 Td (will ) Tj ET Q q 0 0 0 rg BT 524.93 119.45 Td (of) Tj ET Q q 0 0 0 rg BT 532.27 119.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 549.99 119.45 Td (the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 105.95 Td (impact ) Tj ET Q q 0 0 0 rg BT 101.16 105.95 Td (of ) Tj ET Q q 0 0 0 rg BT 111.32 105.95 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 159.50 105.95 Td (in ) Tj ET Q q 0 0 0 rg BT 169.15 105.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 206.32 105.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 248.00 105.95 Td (rates, ) Tj ET Q q 0 0 0 rg BT 273.16 105.95 Td (which ) Tj ET Q q 0 0 0 rg BT 298.82 105.95 Td (could ) Tj ET Q q 0 0 0 rg BT 322.99 105.95 Td (materially ) Tj ET Q q 0 0 0 rg BT 364.15 105.95 Td (adversely ) Tj ET Q q 0 0 0 rg BT 405.32 105.95 Td (af) Tj ET Q q 0 0 0 rg BT 412.66 105.95 Td (fect ) Tj ET Q q 0 0 0 rg BT 429.82 105.95 Td (our ) Tj ET Q q 0 0 0 rg BT 445.48 105.95 Td (business ) Tj ET Q q 0 0 0 rg BT 483.65 105.95 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 525.83 105.95 Td (results ) Tj ET Q q 0 0 0 rg BT 554.99 105.95 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 92.45 Td (operations, ) Tj ET Q q 0 0 0 rg BT 119.36 92.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 155.21 92.45 Td (condition ) Tj ET Q q 0 0 0 rg BT 194.06 92.45 Td (or ) Tj ET Q q 0 0 0 rg BT 204.89 92.45 Td (prospects. ) Tj ET Q q 0 0 0 rg BT 249.24 92.45 Td (Other ) Tj ET Q q 0 0 0 rg BT 274.57 92.45 Td (than ) Tj ET Q q 0 0 0 rg BT 294.92 92.45 Td (the ) Tj ET Q q 0 0 0 rg BT 310.26 92.45 Td (use ) Tj ET Q q 0 0 0 rg BT 327.59 92.45 Td (of ) Tj ET Q q 0 0 0 rg BT 337.93 92.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 373.78 92.45 Td (products ) Tj ET Q q 0 0 0 rg BT 411.12 92.45 Td (to ) Tj ET Q q 0 0 0 rg BT 421.46 92.45 Td (deliver ) Tj ET Q q 0 0 0 rg BT 450.80 92.45 Td (on ) Tj ET Q q 0 0 0 rg BT 463.63 92.45 Td (our ) Tj ET Q q 0 0 0 rg BT 479.47 92.45 Td (hedging ) Tj ET Q q 0 0 0 rg BT 514.33 92.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 545.68 92.45 Td (, ) Tj ET Q q 0 0 0 rg BT 551.00 92.45 Td (we ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 78.95 Td (do ) Tj ET Q q 0 0 0 rg BT 84.51 78.95 Td (not ) Tj ET Q q 0 0 0 rg BT 99.52 78.95 Td (trade ) Tj ET Q q 0 0 0 rg BT 122.54 78.95 Td (derivative ) Tj ET Q q 0 0 0 rg BT 163.56 78.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 199.08 78.95 Td (instruments.) 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 49.50 33.60 Td ( ) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 50.75 22.10 Td (CGI Group Inc. - Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 200.71 22.10 Td (Analysis for the three and nine months ended June 30, 2018) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 527.40 22.10 Td (Page) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 550.95 22.10 Td (46) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 708.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 89.18 708.95 Td (functional ) Tj ET Q q 0 0 0 rg BT 129.89 708.95 Td (and ) Tj ET Q q 0 0 0 rg BT 147.09 708.95 Td (reporting ) Tj ET Q q 0 0 0 rg BT 184.79 708.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 221.49 708.95 Td (is ) Tj ET Q q 0 0 0 rg BT 230.17 708.95 Td (the ) Tj ET Q q 0 0 0 rg BT 244.86 708.95 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 285.57 708.95 Td (dollar) Tj ET Q q 0 0 0 rg BT 307.09 708.95 Td (. ) Tj ET Q q 0 0 0 rg BT 311.34 708.95 Td (As ) Tj ET Q q 0 0 0 rg BT 324.02 708.95 Td (such, ) Tj ET Q q 0 0 0 rg BT 347.71 708.95 Td (our ) Tj ET Q q 0 0 0 rg BT 362.90 708.95 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 385.09 708.95 Td (European ) Tj ET Q q 0 0 0 rg BT 426.30 708.95 Td (and ) Tj ET Q q 0 0 0 rg BT 443.07 708.95 Td (Asian ) Tj ET Q q 0 0 0 rg BT 467.76 708.95 Td (investments, ) Tj ET Q q 0 0 0 rg BT 520.46 708.95 Td (operations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 695.45 Td (and ) Tj ET Q q 0 0 0 rg BT 89.43 695.45 Td (assets ) Tj ET Q q 0 0 0 rg BT 117.85 695.45 Td (are ) Tj ET Q q 0 0 0 rg BT 133.28 695.45 Td (exposed ) Tj ET Q q 0 0 0 rg BT 169.72 695.45 Td (to ) Tj ET Q q 0 0 0 rg BT 179.64 695.45 Td (net ) Tj ET Q q 0 0 0 rg BT 194.56 695.45 Td (change ) Tj ET Q q 0 0 0 rg BT 226.50 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 235.92 695.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 272.84 695.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 314.29 695.45 Td (rates. ) Tj ET Q q 0 0 0 rg BT 339.21 695.45 Td (V) Tj ET Q q 0 0 0 rg BT 344.72 695.45 Td (olatility ) Tj ET Q q 0 0 0 rg BT 374.64 695.45 Td (in ) Tj ET Q q 0 0 0 rg BT 384.06 695.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 425.51 695.45 Td (rates ) Tj ET Q q 0 0 0 rg BT 447.93 695.45 Td (could ) Tj ET Q q 0 0 0 rg BT 471.86 695.45 Td (have ) Tj ET Q q 0 0 0 rg BT 493.79 695.45 Td (an ) Tj ET Q q 0 0 0 rg BT 506.21 695.45 Td (adverse ) Tj ET Q q 0 0 0 rg BT 540.64 695.45 Td (ef) Tj ET Q q 0 0 0 rg BT 547.99 695.45 Td (fect ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 681.95 Td (on ) Tj ET Q q 0 0 0 rg BT 84.51 681.95 Td (our ) Tj ET Q q 0 0 0 rg BT 100.02 681.95 Td (business, ) Tj ET Q q 0 0 0 rg BT 140.54 681.95 Td (financial ) Tj ET Q q 0 0 0 rg BT 176.06 681.95 Td (condition ) Tj ET Q q 0 0 0 rg BT 214.59 681.95 Td (and ) Tj ET Q q 0 0 0 rg BT 232.11 681.95 Td (results ) Tj ET Q q 0 0 0 rg BT 261.11 681.95 Td (of ) Tj ET Q q 0 0 0 rg BT 271.12 681.95 Td (operations.) 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