ࡱ > #` N bjbjmm . "h J J J J f \ $ >$ @$ @$ @$ @$ @$ @$ $ % h ' @ d$ ! t t t d$ $ t >$ t >$ r N" T N# ~ J 6 " j# $ 0 $ " )( @ @ )( N# )( N# x d$ d$ $ t t t t d 2 . 2 . "5E=>;>38O ?@>1;5<=>- F5==>AB=>9 48A:CAA88 &5;L ?@>1;5<=>- F5==>AB=>9 48A:CAA88 70?CA: 3@0640=A:>3> A0<>>?@545;5=8O ?>4@>AB:0 8 ?>43>B>2:0 53> : A0<>AB>OB5;L=><C A>F80;L=><C 459AB28N. @54<5B>< @0AA<>B@5=8O 2 B0:>9 48A:CAA88 O2;ONBAO D@03<5=BK 8 A8BC0F88 A>F80;L=>9 @50;L=>AB8. G5284=>, GB> A0<>>?@545;5=85 ?>945B B5< CA?5H=55, G5< 1>;55 :>=:@5B=K<8, 1;87:8<8 8 8=B5@5A=K<8 1C4CB MB8 D@03<5=BK 8 A8BC0F88 4;O ?>4@>AB:>2. 0 ?5@2K9 273;O4, 4;O <>;>4>3> G5;>25:0 =5B 1>;55 1;87:>3> 8 8=BC8B82=> ?>=OB=>3> A>F80;L=>3> :>=B5:AB0, G5< :>=B5:AB 3>@>4A:>9 ( A5;LA:>9, ?>A5;:>2>9) 687=8. 2 B> 65 2@5<O, A?5F80;L=KE <5AB 8 ?@>AB@0=AB2, 345 1K ?>4@>AB>: <>3 C3;C18BL A2>5 ?>=8<0=85 687=8 <0;>9 @>48=K =5B. >;CG05BAO, GB> MB>B A>F80;L=K9 :>=B5:AB, 1C4CG8 A0<K< 1;87:8<, 2>A?@8=8<05BAO ?>4@>AB:0<8 25AL<0 ?>25@E=>AB=>. <5==> ?>MB><C :;NG52>9 B5<>9 ?@>1;5<=>- F5==>AB=KE 48A:CAA89 <>65B 1KBL #G0AB85 <>;>4568 2 687=8 3>@>40 ( A5;0, ?>A5;:0) . @0<:0E ?>43>B>2:8 : ?@>1;5<=>- F5==>AB=>9 48A:CAA88 =5>1E>48<> ?@>2545=85 ;>:0;L=KE A>F8>;>38G5A:8E 8AA;54>20=89, 2KO2;ONI8E =081>;55 8=B5@5ACNI85 H:>;L=8:>2 A>F80;L=K5 B5<K. 0?@8<5@, 2 >4=>9 87 H:>; 3. >A:2K 1K; AD>@<8@>20= A;54CNI89 A?8A>: B5<: 1 . 50;870F8O 8=B5@5A>2 8 ?>B@51=>AB59 <>;>4568 2 AD5@5 4>AC30, :C;LBC@K 8 A?>@B0 2 >A:25. 2 . 45:20B=>ABL CAB@>9AB20 3>@>4A:>9 A@54K ( 0@E8B5:BC@=K9 >1;8:, C;8G=K5 ;0=4H0DBK, @5:@50F8>==K5 7>=K) ?>B@51=>ABO< 8 CAB@5<;5=8O< <>;>4>3> ?>:>;5=8O. 3 . @>4C:B82=0O 70=OB>ABL 8 B@C4>CAB@>9AB2> <>;>4568 2 >A:25. 4 . 708<>>B=>H5=8O <564C 3@C??0<8 <>;>4568 2 >A:25. 5 . "@0=A?>@B=K5 ?@>1;5<K 3>@>40: @>;L 8 <5AB> <>;>4>3> ?>:>;5=8O 2 8E @5H5=88. 6 . >;L 8 <5AB> <>;>4568 2 8=D>@<0F8>==>< ?@>AB@0=AB25 3>@>40. 7 . >ABC?=>ABL :0G5AB25==>3> >1@07>20=8O 4;O <>;>4568 AB>;8FK. 8 . >78F8O N=KE <>A:28G59 2 45;5 A>E@0=5=8O :C;LBC@=>3> =0A;548O AB>;8FK. 9 . -:>;>38O >A:2K 8 ?>78F8O <>;>4568. ;O B>3>, GB>1K 7040BL B0:85 B5<K 2 ?@>1;5<=>< :;NG5 8 A45;0BL 8E >B:@KBK<8 4;O ?>=8<0=8O 8 >1AC645=8O, =5>1E>48<> ?>43>B>28BL ?0:5B B5:AB>2, A2O70==KE A 687=LN 3>@>40 ( A5;0, ?>A5;:0) , :>B>@K5 ?@>1;5<0B878@>20;8 1K 2>A?@8OB85 ?>4@>AB:0<8 C:070==KE B5<. @>1;5<=>- F5==>AB=0O 48A:CAA8O 3@C??>20O D>@<0 @01>BK. 5403>3 2 MB>9 D>@<5 2KAB@08205B @01>BC 3@C??K :0: ?>A;54>20B5;L=>ABL @O40 H03>2. 5@2K9 H03 >@30=870F8O 2AB@5G8 @515=:0 A A>F80;L=>9 A8BC0F859 :0: ?@>1;5<=>9. A;8 A>F80;L=0O A8BC0F8O =5 1C45B 2KAB@>5=0 :0: ?@>1;5<=0O, B> >=0 <>65B AB0BL =5 AB>;L:> >1J5:B>< ?>=8<0=8O, A:>;L:> >1J5:B>< ?>7=0=8O @515=:0, 2>A?@8=OB0 8< :0: CG51=0O 7040G0. ">340 =5 ?@>87>945B 2:;NG5=8O ?>=8<0=8O :0: C=825@A0;L=>3> A?>A>10 >A2>5=8O <8@0 G5;>25:><, 2 :>B>@><, =0@O4C A B5>@5B8G5A:8< 7=0=85<, ACI5AB25==CN @>;L 83@0NB =5?>A@54AB25==>5 ?5@56820=85, @07;8G=K5 D>@<K ?@0:B8:8 8 D>@<K MAB5B8G5A:>3> ?>AB865=8O. #=825@A0;L=K< A@54AB2>< ?>AB@>5=8O A8BC0F88, >B25G0NI59 B@51>20=8O< A<KA;>2>9 =0?>;=5==>AB8, ?>=8<0B5;L=>AB8, ?@>1;5<=>AB8, F5==>AB=>AB8, O2;O5BAO B5:AB ( 2 =0H5< A;CG05 B5:AB, >?8AK20NI89 A>F80;L=CN A8BC0F8N) . 4=0:>, :0: ?>:07K205B ?@0:B8:0, A0< D0:B 2AB@5G8 H:>;L=8:>2 A B5:AB>< =5 2A5340 8 =5 4;O 2A5E 87 =8E ?5@5@0AB05B 2 A8BC0F8N ?>=8<0=8O A<KA;0 B5:AB0. B>- B> A<>3 ?@>G8B0BL B5:AB, 872;5GL >A=>2=>9 A<KA; 8 :>==>B0F88; :B>- B> C2845; B5:AB A >4=>9 B>G:8 7@5=8O, 872;5: >A=>2=>9 A<KA; 8 =5 >1=0@C68; 4>?>;=8B5;L=K5; :B>- B> 2>>1I5 =5 ?>=O; A<KA;0 B5:AB0. AB>;L ?@>B82>@5G82KE CA;>28OE >B ?5403>30 B@51C5BAO =>2K9 H03 2 =0?@02;5=88 CA8;5=8O ?>=8<0=8O @515=:>< B5:AB0. !@54AB2><, >15A?5G820NI8< MB>B H03, 2KABC?05B ?@>1;5<0B870F8O :0: A?5F80;L=0O @01>B0 ?5403>30 ?> 2KO2;5=8N ?@>B82>@5G89 2 A>45@60=88 A>>1I5=89, A?>A>10E @01>BK 8 45<>=AB@8@C5<KE @515=:>< F5;OE. 0:>2> A>45@60=85 ?5403>38G5A:>9 ?@>1;5<0B870F88? 5GL 845B > =5A:>;L:8E A?>A>10E, :>B>@K5 <>6=> :><18=8@>20BL. >- ?5@2KE, ?>A;5 ?>=8<0NI53> ?@>GB5=8O B5:AB0 ?>4@>AB:0<8 <>6=> ?@54;>68BL >4=><C 87 =8E ?@>3>2>@8BL A2>5 ?>=8<0=85 8;8 =5?>=8<0=85, ?>AB0282 B5< A0<K< >AB0;L=KE 2 A8BC0F8N 2K1>@0 - A>3;0H0BLAO 8;8 =5 A>3;0H0BLAO A> A:070==K<. 0;55 <>6=> ?>?@>A8BL H:>;L=8:>2 2K@078BL A2>5 >B=>H5=85 : 2KA:070==>9 ?>78F88. >- 2B>@KE, ?5403>3 <>65B : C65 ?@>O282H5<CAO ?>=8<0=8N ( =5?>=8<0=8N) @0725@=CBL 2>?@>AK =0 53> CA><=5=85 . - B@5BL8E, ?5403>3 <>65B ?@>45<>=AB@8@>20BL, @07K3@0BL =5?>=8<0=85 2KA:070==>3> CG0I8<AO <=5=8O, ?>1C640O 53> : CB>G=5=8N, 1>;55 3;C1>:><C >1>A=>20=8N ?>78F88. - G5B25@BKE, ?5403>3 <>65B A>3;0A8BLAO A 2KA:070==>9 B>G:>9 7@5=8O, 0 70B5< A45;0BL 87 =55 01AC@4=K5 2K2>4K ( 745AL =5>1E>48<> 871560BL 2KA:07K20=89, A?>A>1=KE =0=5AB8 >184C ?>4@>AB:C) . - ?OBKE, 2 A;CG05 >BACBAB28O :0:8E 1K B> =8 1K;> 2KA:07K20=89, ?5403>3 <>65B 8E A?@>2>F8@>20BL, ?@54JO282 >B A2>53> ;8F0 4>2>;L=> @048:0;L=>5 ?>=8<0=85 A8BC0F88 ( 745AL =5;L7O ?5@5ABC?8BL MB8G5A:CN 3@0=L) . 50;87C5<0O ?5403>3>< ?@>1;5<0B870F8O 4>;6=0 ?@825AB8 H:>;L=8:>2 : >A>7=0=8N A;01KE <5AB A2>59 B>G:8 7@5=8O, : ?@82;5G5=8N =>2KE A@54AB2 ?>=8<0=8O. B> 65 2@5<O A8BC0F8N ?@>1;5<0B870F88 =5>1E>48<> C45@6820BL @>2=> 4> B5E ?>@, ?>:0 =5 2>7=8:=5B A>45@60B5;L=K9 :>=D;8:B <564C ?>78F8O<8, 2 :>B>@K9 1C45B 2BO=CB> 7=0G8B5;L=>5 G8A;> CG0AB=8:>2. MB>B <><5=B ?5403>3 4>;65= ?5@525AB8 A2>N 45OB5;L=>ABL 87 ?;0=0 ?@>1;5<0B870F88 2 ?;0= >@30=870F88 :><<C=8:0F88. ><<C=8:0F8O 745AL >A>10O ?>78F8>==0O. >B;8G85 >B :;0AA8G5A:>9 48A:CAA88, 345 AC1J5:B A>A@54>B>G5=, 3;02=K< >1@07><, =0 2KA:07K20=88 A2>53> <=5=8O 8 C15645=88 4@C38E 2 53> 8AB8==>AB8, 2 ?>78F8>==>< >1I5=88 AC1J5:B 8I5B <5AB> A2>59 ?>78F88 A@548 4@C38E: >= >?@545;O5B ?>78F88, A :>B>@K<8 <>6=> :>>?5@8@>20BLAO, A :>B>@K<8 =5>1E>48<> :>=D;8:B>20BL, 8 B5, A :>B>@K<8 =5;L7O 2ABC?0BL 2> 2708<>459AB285 =8 ?@8 :0:8E >1AB>OB5;LAB20E. 2AQ MB> 2725H8205BAO =0 25A0E ?@54AB>OI53> ( 2>7<>6=>3>) A>F80;L=>3> 459AB28O. 5403>3 B>65 2:;NG5= 2 ?>78F8>==>5 >1I5=85. @8 MB>< ACI5AB2C5B @50;L=0O >?0A=>ABL, GB> 53> ?>78F8O 1C45B 4><8=8@CNI59 2 A8AB5<5 45BA:8E ?>78F89 ( =0?@8<5@, 87- 70 2KA>:>3> 02B>@8B5B0) . 'B>1K 871560BL MB>3>, ?5403>3 4>;65= AD>@<8@>20BL A>1AB25==CN ;8G=>AB=>- ?@>D5AA8>=0;L=CN ?>78F8N :0: >@30=870B>@0 ?>78F8>==>3> >1I5=8O. ;8G=>AB=>9 ?@>5:F88 - MB> ?>78F8O 7@>A;>3>, 2 ?@>D5AA8>=0;L=>9 ?@>5:F88 - MB> ?>78F8O @5D;5:A82=>3> C?@02;ONI53>. -3>- A>AB>O=85 7@>A;K9 2:C?5 A 42C<O 4@C38<8 M3>- A>AB>O=8O<8 - >48B5;O 8 515=:0 - >1@07C5B, ?> <=5=8N -. 5@=0, ;8G=>AB=CN <0B@8FC G5;>25:0. >B;8G85 >B >48B5;O 8 515=:0, >1@0I5==KE 2 ?@>H;>5, : >?KBC, 2 2>A?><8=0=8O, 7@>A;K9 ?@8=8<05B @5H5=8O, 8AE>4O 87 A8BC0F88, :>B>@0O =0;8G5AB2C5B A59G0A, 2 40==K9 <><5=B, 745AL- 8- B5?5@L. >78F8O @5D;5:A82=>3> C?@02;ONI53> 0;LB5@=0B82=0 ?>78F88 <0=8?C;OB>@0. !CBL 55 >@30=870F8O @5D;5:A88 C H:>;L=8:>2 8 ?>445@6820=85 A8BC0F88 A0<>>?@545;5=8O 8 A0<>AB>OB5;L=>3> <KH;5=8O ?> ?>2>4C 8E ?@>1;5<. 0=8?C;OF859 65 1C45B ?>4E20BK20=85 , @5D;5:A82=>5 >D>@<;5=85 8 8A?>;L7>20=85 0:B82=>AB8 4@C38E 2 A2>8E F5;OE. ;02=0O F5;L ?>78F8>==>3> >1I5=8O H:>;L=8:>2 ?@>@K2 8E 2 8=>9 :>=B5:AB ?>=8<0=8O A<KA;0: =5 B>;L:> / - "5:AB, :0: =0 ?5@2>< MB0?5 @01>BK, => / - @C385 - "5:AB. ?@>F5AA5 :><<C=8:0F88 4@C3 A 4@C3>< 8 ?5403>3>< >=8, ?> ACB8 45;0, 2?5@2K5 A> 2A59 >G5284=>ABLN >1=0@C6820NB, GB> A>1AB25==>5 ?>=8<0=85 =5 B>;L:> =5 548=AB25==>5, => 8 =54>AB0B>G=>5, GB> >=> <>65B 1KBL >1>30I5=> 4@C38<8 ?>=8<0=8O<8 8, 2 A2>N >G5@54L, >1>30I0BL 4@C38E. A>7=0=85 MB>3> <>65B ?>A;C68BL >A=>2>9 AB@5<;5=8O H:>;L=8:>2 @0AA<0B@820BL @07=K5 ?>78F88 4;O ?>;=>F5==>3> ?>=8<0=8O A<KA;0 A>F80;L=>9 A8BC0F88 8 ?5@5E>40 : A0<>AB>OB5;L=><C A>F80;L=><C 459AB28N. A8;0E ?5403>30 A?>A>1AB2>20BL C3;C1;5=8N ?>4>1=>3> >A>7=0=8O, GB> B@51C5B >@30=870F88 @5D;5:A88 ?>4@>AB:0<8 8B>3>2 48A:CAA88. @30=87CNI0O @>;L ?5403>30 745AL 2:;NG05B 2 A51O ?@54>AB02;5=85 CG0I8<AO =0 2K1>@ B>9 8;8 8=>9 D>@<K D8:A0F88 @5D;5:A82=>9 ?>78F88 ( >B25BK =0 2>?@>AK, ?@>4>;65=85 =570:>=G5==KE ?@54;>65=89, 8=B5@2LN 8 B. 4. ) 8 55 2K@065=8O ( CAB=>3>, ?8AL<5==>3>, EC4>65AB25==>- >1@07=>3>, A8<2>;8G5A:>3>) , 0 B0:65 ?>445@60=85 48=0<8:8 @5D;5:A82=KE ?@>F5AA>2. 0<5G0B5;L=>, 5A;8 ?5403>3C C405BAO ?@82;5GL : 48A:CAA88 ( 8 >A>15==>, : @5D;5:A88) 2=5H=8E M:A?5@B>2 ?@54AB028B5;59 B>3> A>F8C<0, :>B>@K9 >1AC640NB H:>;L=8:8. E ?@8ACBAB285 8 <=5=8O <>I=59H89 D0:B>@ ?>2KH5=8O A>F80;L=>9 7=0G8<>AB8 ?@>8AE>4OI53>. -B0? @5D;5:A88 7025@H05B ?@>F5AA 2708<>459AB28O ?5403>30 8 H:>;L=8:>2 2 ?@>1;5<=>- F5==>AB=>9 48A:CAA88. 4=0:> 2 A2>59 8450;L=>9 ?@54AB02;5==>AB8 MB> 2708<>459AB285 =5 ?@5:@0I05BAO, =0E>48B ?@>4>;65=85 2 A>7=0=88 CG0AB=8:>2. > A;>20< .. . @><K:>, CE>4O 87 >1I=>AB8, ;8G=>ABL C=>A8B A A>1>9 ?>?KB:C A0<>AB>OB5;L=> 2>A?@>872>48BL >1I=>ABL . >:840O @50;L=K9 ?@>F5AA 480;>30 A ?5403>3>< 8 A25@AB=8:0<8, H:>;L=8: C=>A8B A A>1>9 ?>?KB:C 53> A0<>AB>OB5;L=>3> 2>A?@>872545=8O C65 2 8=KE >1AB>OB5;LAB20E A>1AB25==>9 687=8. ?8AK205<K9 =865 ?@5F545=B ?@>1;5<=>- F5==>AB=>9 48A:CAA88 A>AB>O;AO 2 45:01@5 2 0 0 9 3>40 =0 1075 &5=B@0 >1@07>20=8O !8 2 5 3. >A:2K. @8 ?@>5:B8@>20=88 48A:CAA88, CG8BK20O =5>1E>48<>ABL 70459AB2>20=8O 1>;LH>3> :>;8G5AB20 CG0AB=8:>2, 1K;> ?@8=OB> @5H5=85 @0745;8BL 2A5E H:>;L=8:>2 =0 4 ?@>1;5<=KE 3@C??K, 2 :064>9 87 :>B>@KE =0 A2>5< A>45@60=88 1C45B @50;87>2K20BLAO ?@54AB02;5==0O 2KH5 B5E=>;>38O ?@>1;5<=>- F5==>AB=>9 48A:CAA88, 0 ?>B>< A>1@0BL 2A5 3@C??K 2 >1I55 48A:CAA8>==>5 ?@>AB@0=AB2>, 345 >=8 <>3;8 1K >1AC640BL ?@>1;5<K 2<5AB5. @57C;LB0B5 1K;0 @07@01>B0=0 A;54CNI0O <>45;L 48A:CAA88. 1 MB0?. >43>B>2:0 : 48A:CAA88. 0 MB>< MB0?5 D>@<8@C5BAO :><0=40 ?5403>3>2- :>=AC;LB0=B>2, ?@>2>48BAO 8E >1CG5=85 B5E=>;>388 ?@>1;5<=>- F5==>AB=>9 48A:CAA88, >?@545;O5BAO :@C3 ?@>1;5<, 2K=>A8<KE =0 >1AC645=85 ( =0 >A=>25 @59B8=30 B5< A@548 H:>;L=8:>2) , 3>B>28BAO ?0:5B 8=D>@<0F8>==>- ?@>1;5<0B878@CNI8E B5:AB>2. ?@545;O5BAO >1>@C4>20=85, =5>1E>48<>5 4;O >@30=870F88 48A:CAA88, ?@83;0H0NBAO CG0AB=8:8. 2 MB0?. @>1;5<=>- F5==>AB=0O 48A:CAA8O. 2 . 1 . @>;>3 : 48A:CAA88. 1I89 A1>@ CG0AB=8:>2 48A:CAA88, >7=0:><;5=85 8E A ?;0=>< 55 ?@>2545=8O, A0<>>?@545;5=85 H:>;L=8:>2 ?> ?@>1;5<=K< 3@C??0< ( >?B8<0;L=>5 G8A;> 3@C?? 3 - 4 ) . 2 . 2 . =CB@83@C??>20O ?@>1;5<=>- F5==>AB=0O 48A:CAA8O. 0640O 3@C??0 ?>;CG05B >48=0:>2K9 ?0:5B 8=D>@<0F8>==>- ?@>1;5<0B878@CNI8E B5:AB>2. A>>B25BAB288 A B5<>9, =04 :>B>@>9 ?@54AB>8B @01>B0BL 3@C??5, 55 CG0AB=8:8 >B18@0NB =5>1E>48<CN 4;O A51O 8=D>@<0F8N. >A;5 MB>3> @072>@0G8205BAO 2=CB@83@C??>20O 48A:CAA8O 2>:@C3 B@5E >A=>2=KE 2>?@>A>2: 1 . 0:85 >A=>2=K5 ?@>1;5<K ACI5AB2CNB 2 40==>9 AD5@5 3>@>4A:>9 687=8? KAB@>9B5 8E 85@0@E8N. 2 . 0:>2K, ?> <=5=8N 3@C??K, =081>;55 MDD5:B82=K5 @5H5=8O MB8E ?@>1;5<, ?>72>;ONI85 A>740BL 3>@>4, 2 :>B>@>< E>G5BAO 68BL? 3 . 0:8< <>65B 1KBL CG0AB85 <>;>4KE ;N459 2 >ACI5AB2;5=88 MB8E @5H5=89? G5< 8 :0:8< >1@07>< CG0AB=8:8 3@C??K 3>B>2K A0<8 ?@8=OBL CG0AB85? 0<5B8<, GB> F5==>AB=K9 E0@0:B5@ A0<>>?@545;5=8O H:>;L=8:>2 >BG0AB8 70405BAO C65 A0<>9 ?>AB0=>2:>9 2>?@>A>2 ( 2 G0AB=>AB8, =5>1E>48<>ABLN 2KAB@>8BL 85@0@E8N ?@>1;5< 2 @0AA<0B@8205<>9 AD5@5 3>@>4A:>9 687=8 8 C2845BL A2>5 CG0AB85 2 @5H5=88 MB8E ?@>1;5<) , => 254CI0O @>;L 745AL ?@8=04;568B 45OB5;L=>AB8 8 ?>78F88 ?5403>30- :>=AC;LB0=B0. @09=5 206=>, GB>1K 2 E>45 2=CB@83@C??>2>9 48A:CAA88 ?5403>3- :>=AC;LB0=B ?@>1;5<0B878@>20; AC645=8O, 2KA:07K205<K5 CG0AB=8:0<8 3@C??K, A F5;LN >15A?5G5=8O 8<5==> F5==>AB=>3> ( 0 =5 ?@>AB> 8=B5;;5:BC0;L=>3>, C<>7@8B5;L=>3>) A0<>>?@545;5=8O CG0AB=8:>2 >1AC645=8O. 5D;5:A8O 8B>3>2 2=CB@83@C??>2>3> >1AC645=8O 4>;6=0 ?@825AB8 G;5=>2 3@C??K : ?>43>B>2:5 :@0B:>3> ( 4> 1 0 <8=CB) 4>:;040 > ?@>45;0==>9 @01>B5 8 ?>;CG5==KE @57C;LB0B0E. 4>:;04C @07@010BK20NBAO AE5<K, :>B>@K5 >D>@<;ONBAO =0 ;8AB0E 1C<038 8 2K25H820NBAO =0 4>A:0E ( D;8?- G0@B0E) . @C??0 B0:65 4>;6=0 2K1@0BL >4=>3> 8;8 =5A:>;L:8E 2KABC?0NI8E A 4>:;04>< =0 >1I59 <563@C??>2>9 48A:CAA88. 2 . 3 . 563@C??>20O ?@>1;5<=>- F5==>AB=0O 48A:CAA8O. @C??K A>18@0NBAO 2<5AB5 2 >4=>< ?><5I5=88. 5@20O 3@C??0 2 B5G5=85 1 0 <8= 45;05B ?C1;8G=K9 4>:;04. >A;5 2 B5G5=85 1 0 <8= >B25BK =0 2>?@>AK 4@C38E 3@C?? 8 2=5H=8E M:A?5@B>2 ( =0CG=KE @01>B=8:>2, ?@54AB028B5;59 >1I5AB25==KE 8 3>AC40@AB25==KE 8=AB8BCB>2 8 B. 4. ) . I5 1 0 <8= AC645=8O ?@54AB028B5;59 4@C38E 3@C?? ?> ?>2>4C ?@54;>65=89 3@C??K 8 @57N<5 ;845@0 A0<>9 3@C??K. ">B 65 0;3>@8B< ?>2B>@O5BAO 2 >B=>H5=88 :064>9 3@C??K. 2 . 4 . 5D;5:A8O H:>;L=8:0<8 8B>3>2 48A:CAA88. @>2>48BAO @59B8=3 8459 ( 2A5 CG0AB=8:8 ?>4E>4OB : 4>A:0< 3@C?? 8 >B<5G0NB =081>;55 ?>=@0282H85AO 8< 8458) . @>2>48BAO 1;8F- >1AC645=85 8B>3>2 48A:CAA88 2 D>@<5 @073>2>@0 =0 :@C3C . >?@>AK: 1 ) 45 2 3>@>4A:>9 687=8 =081>;55 =5>1E>48<> 0:B82=>5 CG0AB85 <>;>4568? 2 ) :0:8E D>@<0E MB> CG0AB85 1C45B @50;L=K<? 3 ) >B>2K ;8 CG0AB=8:8 48A:CAA88 CG0AB2>20BL 2 @50;870F88 ?@54;>65=89? 48A:CAA88 ?@8=O;8 CG0AB85 6 0 H:>;L=8:>2 CG0I8EAO &5=B@0 >1@07>20=8O !8 2 5 , H:>;K !7 3 4 ( (:>;0 A0<>>?@545;5=8O ) , H:>;K ! 1 1 2 9 , H:>;K !1 2 7 4 . 1 MB0?. >43>B>2:0 : 48A:CAA88. 0 MB>< MB0?5 1K;0 AD>@<8@>20=0 :><0=40 ?5403>3>2- :>=AC;LB0=B>2 48A:CAA88 8 >?@545;8;AO :@C3 ?@>1;5<, 2K=>A8<KE =0 >1AC645=85 ( =0 >A=>25 @59B8=30 B5< A@548 H:>;L=8:>2) : 1 3@C??0 - >;>456L 8 AD5@0 4>AC30, :C;LBC@K 8 A?>@B0 2 >A:25 ; 2 3@C??0 - >;>456L 8 CAB@>9AB2> 3>@>4A:>9 A@54K ( 0@E8B5:BC@=K9 >1;8:, B@0=A?>@B, ;0=4H0DBK, C;8G=0O A:C;L?BC@0, >75;5=5=85) ; 3 3@C??0 - 0=OB>ABL 8 B@C4>CAB@>9AB2> <>;>4568 2 >A:25 ; 4 3@C??0 - 708<>>B=>H5=8O <564C 3@C??0<8 <>;>4568 2 >A:25 . "0:65 1K; ?>43>B>2;5= ?0:5B 8=D>@<0F8>==>- ?@>1;5<0B878@CNI8E B5:AB>2. ?@545;5=> >1>@C4>20=85, =5>1E>48<>5 4;O >@30=870F88 48A:CAA88: 1C<030 D>@<0B0 4 , ;8ABK 20B<0=0, D;><0AB5@K, G5BK@5 4>A:8 ( D;8?- G0@B0) 4;O @07<5I5=8O <0B5@80;>2 4>:;040 :064>9 3@C??K ( AE5<, B01;8F, A?8A:>2 8 B. ?. ) , 2845>:0<5@0. K45;5=K 8 ?>43>B>2;5=K ?><5I5=8O 4;O 2=CB@83@C??>2>9 @01>BK 8 <5AB> 4;O >1I53> A>1@0=8O CG0AB=8:>2 48A:CAA88 ( 0:B>2K9 70;) . \ ^ ` Z 2 V h n# # r0 0 0 0 t7 7 7 8 B 0C 4C K xL ´ϫxxjZZZxZ ht hHB 6OJ QJ ]aJ ht hHB 6OJ QJ aJ ht hHB 6OJ QJ \aJ ht hHB CJ aJ ht hHB 6CJ \ ht hHB 5CJ \ ht hHB CJ hMa hHB OJ QJ ]aJ hMa hHB OJ QJ aJ ht hHB OJ QJ aJ hHB OJ QJ aJ hz[ hHB 5OJ QJ aJ hHB 5OJ QJ aJ ^ ` Z ` T B 0 N ` h l ." $ dh `gdHB $dh `a$gdHB dP `gdHB dh `gdHB dh `gdHB $dh a$gdHB N $ x% ' ( * v+ - 0 4 8 : B= 4C G K L P |P S S PU LW W X dh `gdHB dh `gdHB dh `gdHB xL L L L L |P P S T T PU U X ] db b b f vf xf ni i i j j q ~ b~ ~ $ L X ~s h