8/9/2019 Circular Debt Presentation

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CLPC_DEP HO@X

LN ONOPB\ SOCXKP KG YEJLSXEN

8/9/2019 Circular Debt Presentation

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CL C_DEP X L LXL

E kros 599 xk $

kros 599 xk C

C kros 599 xkE

8/9/2019 Circular Debt Presentation

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CLPC_DEP HO@X LN YEJLSXEN

8/9/2019 Circular Debt Presentation

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OGGOCX GCLPC_DEP O@X L

EJL XEN Ceusos cesf-gdkr sfkpxgedd ln onopb| glpms Lncpoesos `kppkrlnb gpkm `enjs `| onopb|

ckmyenlos xk moox ovyonhlxupos

krop sfkpxebo ln xfo ckunxp| Pohucoh lnhusxpled ecxlwlx| huo xk ykrop sfkpxebo

kcled oggocxs huo xk ovxonhoh dkeh sfohlnb gkp

poslhonxled odocxplclx| cknsumops

8/9/2019 Circular Debt Presentation

5/10

Gupneco Kld

Suyyd|

Gupneco Kld

Suyyd|

Odocxplclx|

Suyyd|

ONOPB\ S_YYD\ CFELN KG YEJLSXEN

Powonuo

Ckddocxlkn

ln Ps.

Cupponc| Ovcfenbogpkm Ps. Xk (

Cesf Gdkr

8/9/2019 Circular Debt Presentation

6/10

CE_SOS GCLPC_DEP O@X LN

EJLSXEN Bkwx. une`do xk ye| ykrop xeplgg su`slhlos xkodocxplclx| hlsxpl`uxlkn ckmyenlos dljo OYCK$

JOSC oxc.

Odocxplclx| hlsxpl`uxlkn ckmyenlos geld xk ckddocx `ldds

gpkm cknsumops

lsxpl`uxlkn ckmyenlos hogeudx kn ye|monxs xk

ykrop ypkhucops dljo F_@CK$ JEYCK oxc.

Ykrop ypkhucops epo nkx e`do xk mejo ye|monxs

gkp guod kld yupcfesos gpkm kld ckmyenlos dljo YSK

Kld ckmyenlos hode| soxxdlnb xfo ye|e`dos xk

poglnoplos

8/9/2019 Circular Debt Presentation

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POCONX SLX_EXLKN KG CLPC_DEP

HO@X Ye|e`do Pocolwe`do Emkunx&@lddlkn Puyoos,

YOYCK &Reyhe, YSK 38

JEYCK YSK 52.30

F_@CK YSK 33.

8/9/2019 Circular Debt Presentation

8/10

FKR XKEWKL CLPC_DEP O@X LN

YEJLSXEN Lnhoyonhonco gpkm Gupneco Kld `esoh

odocxplclx| bonopexlkn

Dlnjlnb kg odocxplclx| yplcos rlxf cfenbo ln kldyplco &guod ehausxmonx,

Nk Bkwx. su`slh| kn odocxplclx| enh Kld

Yplwexlqexlkn kg ckmyenlos

8/9/2019 Circular Debt Presentation

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CDOEPLNBCLPC_DEP O@X LN

YEJLSXENBkwx. xk gdkex Ps 599 `lddlkn @knh ln Me|

0959 xk cdoep xfo mkunxoh clpcudep ho`xs

Kno-|oep mexuplx| yoplkh \lodh ouued kp sdlbfxd| e`kwo 50.2 yopconx

Gunhs bonopexoh gpkm xfoso `knhs rldd `o

usoh `| bkwx. xk ye|-kgg lxs dle`ldlxlos rflcf

cpoexoh xfo clpcudep ho`x

8/9/2019 Circular Debt Presentation

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XFENJ \K_%