-)))-RWXMXYXISJ)PIGXVMGEPERH
)PIGXVSRMGW)RKMRIIVW
8LITVSJIWWMSR
EPSVKERM^EXMSR[LMGLTVSQSXIWHIZIPSTQIRX
SJIPIGXVSRMGWXIGLRSPSK]
-4-RXIVRIX4VSXSGSP%HHVIWW
%
YRMUYIFMREV]HMKMXRYQFIVXLEXMHIRXM½IW
IEGLWIRHIVSVVIGIMZIVSJMRJSVQEXMSRWIRX
MRTEGOIXW
-RJVEWXVYGXYVI
%[MVIPIWWRIX[SVOSV
SXLIVWQEPPRIX[SVOMR[LMGLXLI[MVIPIWW
RIX[SVOHIZMGIWEVIQEHIETEVXSJXLI
RIX[SVOXLVSYKLXLI%GGIWW4SMRX
-74-RXIVRIX7IVZMGI4VSZMHIV
%
GSQTER]XLEXTVSZMHIWEGGIWWXSXLI-RXIVRIX
ERHSXLIVVIPEXIHWIVZMGIW
-:-RMXMEPM^EXMSR:IGXSV
8LILIEHIV
WIGXMSRSJEQIWWEKITEGOIX
0%20SGEP%VIE2IX[SVO
%KVSYT
SJGSQTYXIVWERHTIVMTLIVEPHIZMGIWGSR
RIGXIHXSWLEVIVIWSYVGIW
0)(0MKLX)QMXXMRK(MSHI
8LI
PMKLXWSRELEVH[EVIHIZMGIVITVIWIRXMRKXLI
EGXMZMX]XLVSYKLXLITSVXW
1%'1IHMYQ%GGIWW'SRXVSP%H
HVIWW
%YRMUYIRYQFIVXLEXHMWXMRKYMWLIW
RIX[SVOGEVHW
1FTW1IKE&MXW4IV7IGSRH
%
QIEWYVIQIRXSJQMPPMSRWSJFMXWTIVWIGSRH
1(-<1IHME(ITIRHIRX
-RXIVJEGI'VSWWSZIV
4SVXSRE
RIX[SVOLYFSVW[MXGLXLEXGVSWWIWXLI
MRGSQMRKXVERWQMXPMRIW[MXLXLISYXKSMRK
VIGIMZIPMRIW
1,^1IKE,IVX^
3RIQMPPMSRG]GPIW
TIVWIGSRH
1-&--
%HEXEFEWIGSRXEMRMRKTIVJSVQERGI
MRJSVQEXMSRERHWXEXMWXMGWSRIEGLHIZMGIMRE
RIX[SVO
1-471MPPMSR-RWXVYGXMSRW4IV7IG
SRH
%QIEWYVIQIRXSJTVSGIWWMRKWTIIH
2%82IX[SVO%HHVIWW8VERWPE
XMSR
%RMRXIVRIXWXERHEVHXLEXIREFPIW
E0%2XSYWISRIWIXSJ-4EHHVIWWIWJSV
MRXIVREPXVEJ½GERHEWIGSRHWIXJSVI\XIVREP
XVEJ½G
2-'2IX[SVO-RXIVJEGI'EVH
%R
I\TERWMSRGEVHGSRRIGXIHXSEGSQTYXIV
WSXLIGSQTYXIVGERFIGSRRIGXIHXSE
RIX[SVO
4EGOIX
%FPSGOSJHEXEXLEXMWXVERWJIVVIH
EWEWMRKPIYRMXEPWSGEPPIHEJVEQISVEFPSGO
4EGOIX*MPXIVMRK(MWGEVHMRKYR[ERXIHRIX
[SVOXVEJ½GFEWIHSRMXWSVMKMREXMRKEHHVIWW
SVMXWX]TI
4'-4IVMTLIVEP'SQTSRIRX-RXIV
GSRRIGX
%FYWXLEXMWGSRRIGXIHHMVIGXP]
XSXLI'49
4'1'-%4IVWSREP'SQTYXIV
1IQSV]'EVH-RXIVREXMSREP%W
WSGMEXMSR'EVH
6IQSZEFPIQSHYPIXLEX
EHHWJIEXYVIWXSETSVXEFPIGSQTYXIV
4MRK4EGOIX-VSTIV
%R
-RXIVRIXYXMPMX]YWIHXSHIXIVQMRI[LIXLIVE
TEVXMGYPEV-4EHHVIWWMWSRPMRI
4PYKERH4PE]
,EVH[EVIXLEXSRGI
MRWXEPPIH±TPYKKIHMR²GERMQQIHMEXIP]FI
YWIH±TPE]IH²EWSTTSWIHXSLEVH[EVIXLEX
VIUYMVIWQERYEPGSR½KYVEXMSR
4S)4S[IVSZIV)XLIVRIX
%QIGL
ERMWQXSWIRH('TS[IVXSEHIZMGIYWMRKE
'%8)XLIVRIXGEFPI
444S)4SMRXXS4SMRX4VSXSGSP
SZIV)XLIVRIX
%WTIGM½GEXMSRJSVGSR
RIGXMRKYWIVWSRER)XLIVRIXPMRIXSXLI-RXIV
RIXXLVSYKLEGSQQSRFVSEHFERHQIHMYQ
4VSXSGSP
%WXERHEVH[E]SJI\GLERKMRK
MRJSVQEXMSRFIX[IIRGSQTYXIVW
6%(-976IQSXI%YXLIRXMGEXMSR
(MEP-R9WIV7IVZMGI
%WIVZIVXLEX
MWWYIWEYXLIRXMGEXMSROI]XSGPMIRXW
6%16ERHSQ%GGIWW1IQSV]
2SRTIVQERIRXQIQSV]
6ITIEXIV,YF
%HIZMGIXLEXGSPPIGXW
WXVIRKXLIRWERHXVERWQMXWMRJSVQEXMSRXSEPP
GSRRIGXIHHIZMGIWEPPS[MRKXLIRIX[SVOXS
FII\XIRHIHXSEGGSQQSHEXIEHHMXMSREP
[SVOWXEXMSRW
