Skip to content
The African Exponent DATA
Resources

Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

CIH Bank

CIH · Bourse de Casablanca · Consolidated statements

On this page
Company details
Legal name
Crédit Immobilier et Hôtelier (CIH Bank)
Listing
CIH on the Bourse de Casablanca, active · ISIN MA0000011454 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · summary financial statements, final status not established · source

Read with these figures

  • Summary financial statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources

  • Summary financial statements for 2025: final status not established

    Published by the issuer through the Casablanca exchange. The commissaires aux comptes (Forvis Mazars, Taha Ferdaous; Deloitte Audit, Hicham Belemqadem) printed a limited-review attestation on the consolidated 'situation provisoire' for 1 January to 31 December 2025, dated 'Casablanca, le 5 mars 2026', with stamps and signatures (PDF p15, page image). It states that no audit was performed and no audit opinion is expressed. No audit report is in the document. The communiqué says the Conseil d'Administration met on 4 and 13 March 2026 and 'a validé les comptes sociaux et consolidés au 31 décembre 2025' after taking note of the commissaires aux comptes' reports (p2).

    Source: CIH BANK — Résultats financiers 2025 (comptes consolidés au 31/12/2025) (dated 2026-03-05)

  • 2025: figures from a published summary

    These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The commissaires aux comptes describe the statements as the 'situation provisoire du CREDIT IMMOBILIER ET HOTELIER (CIH BANK) et ses filiales (Groupe CIH BANK) comprenant le bilan, le compte de résultat, l'état du résultat global, le tableau des flux de trésorerie, l'état de variation des capitaux propres et une sélection de notes explicatives' (p15); the publication does not otherwise state its source. No auditor's report on the summary is printed. A limited-review attestation of the commissaires aux comptes on the consolidated provisional situation is printed (p15): 'Nous n'avons pas effectué un audit et, en conséquence, nous n'exprimons donc pas d'opinion d'audit.' Conclusion: 'Sur la base de notre examen limité, nous n'avons pas relevé de faits qui nous laissent penser que les états consolidés, ci-joints, ne donnent pas une image fidèle du résultat des opérations de l'exercice écoulé ainsi que de la situation financière et du patrimoine du Groupe CIH BANK arrêtés au 31 décembre 2025, conformément aux normes comptables internationales (IAS/IFRS).' Casablanca, 5 March 2026, signed (Forvis Mazars, Deloitte Audit). It states consolidated equity of KMAD 10.731.487 including consolidated net profit of KMAD 1.220.478. The company statements carry their own attestation (p24). Consolidated bilan, compte de produits et charges and flux de trésorerie (p10), with selected notes (pp11-15) including the état du résultat net et des gains et pertes comptabilisés directement en capitaux propres (note R11) and EPS (note R12) on p15. No statement of changes in equity is printed although the attestation lists one. Company (social) statements pp16-24.

    Source: CIH BANK — Résultats financiers 2025 (comptes consolidés au 31/12/2025) (dated 2026-03-05)

  • Net interest income

    MAD 3.38 billion

    3,382,112 MAD thousands · p10

    Change not shown.

    Interest income less interest expense, as printed.

  • PRODUIT NET BANCAIRE

    MAD 5.42 billion

    5,422,526 MAD thousands · p10

    Change not shown.

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    MAD 1.22 billion

    1,220,478 MAD thousands · p10

    Change not shown.

  • Total assets

    MAD 164 billion

    163,688,195 MAD thousands · p10

    Change not shown.

  • Customer deposits

    MAD 99.5 billion

    99,499,965 MAD thousands · p10

    Change not shown.

  • Total equity

    MAD 10.7 billion

    10,731,487 MAD thousands · p10

    Change not shown.

Large amounts are rounded for reading (MAD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the two years come from different filings.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MAD thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — summary financial statements (summary), final status not established; reported for the year · source
  • FY2024 — annual report, signed / final; reported for the year · source
  • FY2023 — annual report, signed / final; comparative in the FY2024 filing · source

Income statement

Income statement, MAD thousands. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — annual report (signed / final), as reported for the year; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Annual reportreported for the yearFY2023Annual reportcomparative in FY2024 filing
Intérêts, rémunérations et produits assimilés 5,433,142 5,096,971 4,712,108
Intérêts, rémunérations et charges assimilés (2,051,030) (2,101,040) (1,906,052)
MARGE D'INTERETS 3,382,112 2,995,931 2,806,056
Commissions (produits) 1,251,142 916,156 704,492
Commissions (charges) (786,649) (491,573) (344,295)
MARGE SUR COMMISSIONS 464,492 424,582 360,197
Gains ou pertes nets sur instruments financiers à la juste valeur par1 1,111,689 973,840 959,996
Gains ou pertes nets des instruments financiers à la juste valeur par capitaux propres23 38,361 34,590 36,527
Produits des autres activités4 783,090 643,591 615,145
Charges des autres activités5 (357,219) (333,028) (309,719)
PRODUIT NET BANCAIRE 5,422,526 4,739,507 4,468,202
Charges générales d'exploitation (2,088,001) (1,869,866) (1,789,154)
Dotations aux amortissements et aux dépréciations des immobilisations6 (240,029) (210,090) (202,469)
RESULTAT BRUT D'EXPLOITATION 3,094,496 2,659,550 2,476,579
Coût du risque de crédit (1,209,369) (1,071,601) (1,280,559)
RESULTAT D'EXPLOITATION 1,885,127 1,587,949 1,196,020
Quote-part du résultat net des entreprises associées et des 64,016 61,115 44,112
Gains ou pertes nets sur autres actifs7 93,035 (48,352) 82,814
RESULTAT AVANT IMPOTS 2,042,179 1,600,712 1,322,946
Impôts sur les bénéfices (821,700) (634,671) (545,979)
RESULTAT NET 1,220,478 966,041 776,967
Résultats Minoritaires8 131,117 90,163 66,574
Variations d'actifs et passifs comptabilisés directement en capitaux 45,881 Not reported in this filing109 Not reported in this filing10
Total cumulé 1,266,359 Not reported in this filing1011 Not reported in this filing10
Notes and alternative reported figures (11)
  1. “Gains ou pertes nets sur instruments financiers à la juste valeur par” is an issuer-specific line, not mapped to a shared definition: Total of its two printed sub-lines (not transcribed).
  2. “Gains ou pertes nets des instruments financiers à la juste valeur par capitaux propres” is an issuer-specific line, not mapped to a shared definition: Total of its printed sub-lines (dividends on equity instruments).
  3. Printed under different labels across filings: “Gains ou pertes nets des instruments financiers à la juste valeur par”; “Gains ou pertes nets des instruments financiers à la juste valeur par capitaux propres”.
  4. “Produits des autres activités” is an issuer-specific line, not mapped to a shared definition: Income from other activities.
  5. “Charges des autres activités” is an issuer-specific line, not mapped to a shared definition: Charges of other activities (printed negative).
  6. “Dotations aux amortissements et aux dépréciations des immobilisations” is an issuer-specific line, not mapped to a shared definition: Printed negative.
  7. “Gains ou pertes nets sur autres actifs” is an issuer-specific line, not mapped to a shared definition: Net gains or losses on other assets.
  8. “Résultats Minoritaires” is an issuer-specific line, not mapped to a shared definition: Share of the consolidated result attributable to minority interests.
  9. Summary financial statements dated 2026-03-05 presents this line for this year: 41 247 (p15). Not shown in this column, which follows one filing's presentation.
  10. Not reported in this filing: No état du résultat global is printed in this document.
  11. Summary financial statements dated 2026-03-05 presents this line for this year: 1 007 288 (p15). Not shown in this column, which follows one filing's presentation.

Balance sheet

Balance sheet, MAD thousands. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — annual report (signed / final), as reported for the year; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Annual reportreported for the yearFY2023Annual reportcomparative in FY2024 filing
Valeurs en caisse, Banques centrales, Trésor public, CCP 5,491,398 5,422,122 3,844,472
Actifs financiers à la juste valeur par résultat1 9,140,882 10,427,090 6,956,738
Actifs financiers à la juste valeur par capitaux propres 918,302 833,066 756,287
Titres au coût amorti 11,410,454 9,061,996 8,371,427
Prêts et créances sur les établissements de crédit et assimilés, au coût amorti2 6,268,533 3,411,829 5,355,171
Prêts et créances sur la clientèle, au coût amorti 118,137,266 101,209,734 90,754,890
Actifs d'impôt exigible 700,375 824,871 462,338
Actifs d'impôt différé 854,041 794,174 662,668
Comptes de régularisation et autres actifs 3,478,256 2,301,086 3,113,970
Participations dans les entreprises mise en équivalence 66,232 63,416 47,861
Immeubles de placement 2,073,482 1,922,978 1,836,139
Immobilisations corporelles 3,991,476 3,658,718 2,347,871
Immobilisations incorporelles 860,965 743,776 627,378
Ecart d'acquisition3 296,531 296,531 296,531
TOTAL ACTIF 163,688,195 140,971,389 125,433,741
Dettes envers les établissements de crédit et assimilés 23,593,538 18,864,940 17,688,066
Dettes envers la clientèle 99,499,965 84,466,604 74,159,350
Titres de créance émis4 14,096,216 13,241,997 14,727,502
Passifs d'impôt exigible 752,381 657,983 799,373
Passifs d'impôts différés 438,708 369,380 364,127
Compte de régularisation et autres passifs 8,063,077 8,613,057 5,025,576
Provisions pour risques et charges 640,111 628,012 680,141
Dettes subordonnées et fonds spéciaux de garantie5 5,872,712 5,691,969 4,446,524
Capitaux propres 10,731,487 8,437,448 7,543,081
Capital et réserves liées6 3,560,562 3,149,728 3,051,978
Réserves consolidées7 5,677,750 4,094,864 3,528,568
Gains et pertes comptabilisés directement en capitaux propres8 272,696 226,815 185,568
Résultat net de l'exercice9 1,220,478 966,041 776,967
TOTAL PASSIF 163,688,195 140,971,389 125,433,741
Notes and alternative reported figures (9)
  1. “Actifs financiers à la juste valeur par résultat” is an issuer-specific line, not mapped to a shared definition: Held-for-trading and other financial assets at fair value through profit or loss.
  2. Printed under different labels across filings: “Prêts et créances sur les établissements de crédit et assimilés, au coût”; “Prêts et créances sur les établissements de crédit et assimilés, au coût amorti”.
  3. “Ecart d'acquisition” is an issuer-specific line, not mapped to a shared definition: Goodwill.
  4. “Titres de créance émis” is an issuer-specific line, not mapped to a shared definition: Debt securities issued.
  5. “Dettes subordonnées et fonds spéciaux de garantie” is an issuer-specific line, not mapped to a shared definition: Subordinated debt and special guarantee funds.
  6. “Capital et réserves liées” is an issuer-specific line, not mapped to a shared definition: Share capital and capital-related reserves.
  7. “Réserves consolidées” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves, group and minority shares together.
  8. “Gains et pertes comptabilisés directement en capitaux propres” is an issuer-specific line, not mapped to a shared definition: Accumulated other comprehensive income within equity.
  9. “Résultat net de l'exercice” is an issuer-specific line, not mapped to a shared definition: The year's consolidated result within equity, group and minority shares together.

Cash flow

Cash flow, MAD thousands. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — annual report (signed / final), as reported for the year; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Annual reportreported for the yearFY2023Annual reportcomparative in FY2024 filing
Résultat avant impôts1 2,042,179 1,600,712 1,322,946
Total des éléments non monétaires inclus dans le résultat net avant impôts et des autres ajustements23 1,146,692 1,603,032 1,208,018
Diminution/(augmentation) nette des actifs et des passifs provenant des45 (3,903,369) (1,905,397) (1,100,773)
Flux net de trésorerie généré par l'activité opérationnelle (714,499) 1,298,347 1,430,191
+/- flux liés aux actifs financiers et aux participations6 (130,198) (392,579) (143,738)
+/- flux liés aux immobilisations corporelles et incorporelles7 (547,501) (391,855) (447,650)
Flux de trésorerie nets provenant des activités d'investissement (677,699) (784,434) (591,388)
+/- flux de trésorerie provenant ou à destination des actionnaires8 1,280,731 (181,708) (162,759)
+/- autres flux de trésorerie nets provenant des activités de financement9 180,743 1,245,445 (33,728)
Flux de trésorerie nets provenant des activités de financement 1,461,474 1,063,737 (196,487)
Augmentation/(diminution) nette de la trésorerie et des équivalents de10 69,277 1,577,650 642,317
Trésorerie et équivalents de trésorerie à l'ouverture 5,422,122 3,844,472 3,202,155
Trésorerie et équivalents de trésorerie à la clôture 5,491,398 5,422,122 3,844,472
Notes and alternative reported figures (10)
  1. “Résultat avant impôts” is an issuer-specific line, not mapped to a shared definition: Starting point of the operating cash flow.
  2. “Total des éléments non monétaires inclus dans le résultat net avant impôts et des autres ajustements” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of the non-cash items.
  3. Printed under different labels across filings: “Total des éléments non monétaires inclus dans le résultat net avant”; “Total des éléments non monétaires inclus dans le résultat net avant impôts et des autres ajustements”.
  4. “Diminution/(augmentation) nette des actifs et des passifs provenant des” is an issuer-specific line, not mapped to a shared definition: Printed subtotal, taxes paid included.
  5. Printed under different labels across filings: “Diminution/(augmentation) nette des actifs et des passifs provenant”; “Diminution/(augmentation) nette des actifs et des passifs provenant des”.
  6. “+/- flux liés aux actifs financiers et aux participations” is an issuer-specific line, not mapped to a shared definition: Investing.
  7. “+/- flux liés aux immobilisations corporelles et incorporelles” is an issuer-specific line, not mapped to a shared definition: Investing.
  8. “+/- flux de trésorerie provenant ou à destination des actionnaires” is an issuer-specific line, not mapped to a shared definition: Financing.
  9. “+/- autres flux de trésorerie nets provenant des activités de financement” is an issuer-specific line, not mapped to a shared definition: Financing.
  10. Printed under different labels across filings: “Augmentation/(diminution) nette de la trésorerie et des équivalents”; “Augmentation/(diminution) nette de la trésorerie et des équivalents de”.

Per share and shares

Per share and shares. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — annual report (signed / final), as reported for the year; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Annual reportreported for the yearFY2023Annual reportcomparative in FY2024 filing
Earnings / (loss) per share (per share)21 30.6 27.8 23.3
Profit / (loss) attributable to shareholders (MAD thousands)3 1,089,362 875,878 710,393
Shares in issue at year end (shares)5 35,605,624 31,497,283 †4 30,519,784
† Note 4. Source status: this figure comes from summary financial statements “CIH BANK — Résultats financiers 2025 (comptes consolidés au 31/12/2025)” (p15), whose final status is not established. The column's main source does not print this line.
Notes and alternative reported figures (4)
  1. “RÉSULTAT PAR ACTION (EN DIRHAM)”: mapping to a shared definition is uncertain. Basic EPS printed 30,6 (2024: 27,8) in dirhams; diluted printed separately and different (3,7; 2,9), and note R12 prints 'Résultat par action de base et dilué' 31 (28). See the issuer_inconsistency note.
  2. Earnings / (loss) per share: printed as “RÉSULTAT PAR ACTION (EN DIRHAM)”.
  3. Profit / (loss) attributable to shareholders: printed as “RESULTAT NET PART DU GROUPE”.
  4. Shares in issue at year end: printed as “Nombre d'actions ordinaires émises”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • CIH BANK — Résultats financiers 2025 (comptes consolidés au 31/12/2025)

    Year ended 31 December 2025 · Summary financial statements (summary) · final status not established

    Audit: Auditor not stated (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Published by the issuer through the Casablanca exchange. The commissaires aux comptes (Forvis Mazars, Taha Ferdaous; Deloitte Audit, Hicham Belemqadem) printed a limited-review attestation on the consolidated 'situation provisoire' for 1 January to 31 December 2025, dated 'Casablanca, le 5 mars 2026', with stamps and signatures (PDF p15, page image). It states that no audit was performed and no audit opinion is expressed. No audit report is in the document. The communiqué says the Conseil d'Administration met on 4 and 13 March 2026 and 'a validé les comptes sociaux et consolidés au 31 décembre 2025' after taking note of the commissaires aux comptes' reports (p2).

    Document date
    5 Mar 2026
    Auditor's report
    date not found in this document
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025
    Basis
    consolidated statements · MAD thousands (printed “En milliers MAD”)
    • Earnings per share: the income statement prints 'RÉSULTAT PAR ACTION (EN DIRHAM)' 30,6 (2024: 27,8) and 'RÉSULTAT DILUÉ PAR ACTION (EN DIRHAM)' 3,7 (2,9) (p10), while note R12 prints 'Résultat par action de base et dilué en dh' 31 (28) from net profit group share 1 089 362 and 35 605 624 shares (p15). The diluted figure of p10 is implausible against the note; all are kept as printed (p10, p15, checked on the renders).
    • One-unit rounding differences kept as printed: equity components add to 10 731 486 against 'Capitaux propres' 10 731 487; minority 131 117 plus group 1 089 362 = 1 220 479 against 'RESULTAT NET' 1 220 478; the 2025 operating cash flow components add to -714 498 against -714 499 and the sections to 69 276 against 69 277 (p10).
    • Bank layout: no total-liabilities line is printed (liabilities and 'Capitaux propres' add to 'TOTAL PASSIF'). Charges are printed negative and stored as printed. The cash-flow statement prints no exchange-rate line ('Effet de la variation de reclassement et changement de méthode sur la trésorerie' prints '-' for 2025 only; not transcribed). Other comprehensive income and total comprehensive income are read from note R11 (p15).
    • Queue source_tier 'full'; confirmed from the document as a summary-tier results publication (limited review of a 'situation provisoire', no audit report).
    • No auditor's report on the summary is printed. A limited-review attestation of the commissaires aux comptes on the consolidated provisional situation is printed (p15): 'Nous n'avons pas effectué un audit et, en conséquence, nous n'exprimons donc pas d'opinion d'audit.' Conclusion: 'Sur la base de notre examen limité, nous n'avons pas relevé de faits qui nous laissent penser que les états consolidés, ci-joints, ne donnent pas une image fidèle du résultat des opérations de l'exercice écoulé ainsi que de la situation financière et du patrimoine du Groupe CIH BANK arrêtés au 31 décembre 2025, conformément aux normes comptables internationales (IAS/IFRS).' Casablanca, 5 March 2026, signed (Forvis Mazars, Deloitte Audit). It states consolidated equity of KMAD 10.731.487 including consolidated net profit of KMAD 1.220.478. The company statements carry their own attestation (p24).
    • Consolidated bilan, compte de produits et charges and flux de trésorerie (p10), with selected notes (pp11-15) including the état du résultat net et des gains et pertes comptabilisés directement en capitaux propres (note R11) and EPS (note R12) on p15. No statement of changes in equity is printed although the attestation lists one. Company (social) statements pp16-24.
    Technical details
    File
    24 pages, with a text layer
    SHA-256
    cd5ea78542047ad1f9cc1106fc83f314a36b107877fb8a412b571ad752256d96
    Entity as printed
    Groupe Crédit Immobilier et Hôtelier (Groupe CIH BANK): CREDIT IMMOBILIER ET HOTELIER (CIH BANK) et ses filiales
    Exchange copy
    retrieved 2026-10-08T18:15:17Z

  • CIH BANK — Rapport Financier Annuel 2024

    Year ended 31 December 2024 · Annual report · signed / final

    Audit: Forvis Mazars (Taha Ferdaous) and Deloitte Audit (Hicham Belemqadem), commissaires aux comptes, unmodified opinion · signed

    Auditor's sign-off: Forvis Mazars (Taha Ferdaous, associé); Deloitte Audit (Hicham Belemqadem, associé)

    Final status: Rapport des commissaires aux comptes sur les états financiers consolidés, exercice du 1er janvier au 31 décembre 2024 (Forvis Mazars, Taha Ferdaous; Deloitte Audit, Hicham Belemqadem; PDF pp30-33): unqualified opinion (p30), dated 'Casablanca, le 29 avril 2025', closed with the firms' stamps and a handwritten signature over the Deloitte stamp (p33, page image). The opinion's consolidated equity (KMAD 8.437.448) and net profit (KMAD 966.041) agree with the statements on p14. No board approval date of the consolidated statements is printed.

    Document date
    29 Apr 2025
    Auditor's report
    29 Apr 2025
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2024, FY2023
    Basis
    consolidated statements · MAD thousands (printed “En milliers MAD”)
    • Earnings per share: the income statement prints 'RÉSULTAT PAR ACTION (EN DIRHAM)' 27,8 (2023: 23,3) and 'RÉSULTAT DILUÉ PAR ACTION (EN DIRHAM)' 2,9 (2,2) (p14); the diluted figure is implausible against the basic one (same pattern as FY2025). Kept as printed.
    • Bank layout: no total-liabilities line is printed (liabilities and 'Capitaux propres' add to 'TOTAL PASSIF'). Charges are printed negative and stored as printed; cash-flow negatives in brackets. The reclassification/method-change line of the cash-flow statement prints no amounts.
    • The RFA prints the consolidated statements on one two-column page (p14) and extracts of the notes (pp7-19); the auditors' report (pp30-33) refers to the consolidated statements 'ci-joints'. No statement of changes in equity and no état du résultat global are printed in this document.
    Technical details
    File
    170 pages, with a text layer
    SHA-256
    920d241925a3383fd12f7f9dd3c0a1bff47b1cca061a6eb2b95559b6bbb6f191
    Entity as printed
    Crédit Immobilier et Hôtelier et ses filiales (Groupe Crédit Immobilier et Hôtelier) (p30)
    Regulator copy
    retrieved 2026-10-08T18:54:02Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

Download

Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

· Company methodology and coverage