2QU0T
$GUVGNN0T
%QFG0Q
0ƃFGEFG
5VĝEM
3WCPV
$GPGPPWPI
&GUKIPCVKQP
&ÛUKIPCVKQP
#DOGUUWPI
&KOGPUKQPU
5KEJGTWPIUUEJGKDG
4KPI
$CIWGFGHTGKP
#WUNĄUGUKEJGTWPI
5CHGV[[QMG
2CNRGWTFGUÛEWTKVÛ
5EJWV\MCRRG
2TQVGEVKXGECUKPI
%CRWEJQP
5RCPPUVKHV
5RTKPIRKP
)QWRKNNGÆTGUUQTV
/CIC\KP$
/CIC\KPG$
/CICUKP$
&TWEMHGFGT
%QORTGUUKQPURTKPI
4GUUQTVFGRTGUUKQP
&TĝEMGT
2WUJGT
&ÛRTGUUGWT
&GEMGN
%QXGT
%QWXGTENG
5RKTCNURCPPUVKHV
5RTKPIV[RGUVTCKIJVRKP
)QWRKNNGÛNCUVKSWGURKTCNÛ
(ĝJTWPI
)WKFCIG
&TWEMHGFGT
#WUNĄUGUKEJGTWPI#
5VGNNTCF
#DFGEMWPI
)WKFG%QORTGUUKQP
URTKPI5CHGV[[QMG#
#FLWUVCZKG4WDDGT
RCF
4GUUQTVFGRTGUUKQP
2CNRGWTFGUÛEWTKVÛ#
/QNGVVGFGTÛINCIG
)CTPKVWTGGPECQWVEJQWE
5RKTCNURCPPUVKHV
5RTKPIV[RGUVTCKIJVRKP
)QWRKNNGÛNCUVKSWGURKTCN
-PQRH\GNNG
2KNGDQWVQP
%4XQNV
-QNDGPMQORNGVV
#WUNĄUGXGPVKNMQORN
$WVVQPEGNN
2KUVQPEQORN
4GNGCUGXCNXGEQORN
2KUVQPEQORN
5QWRCRGFGFÛENGPEJGOGPV
+
8GTUEJNGKēVGKNG
9GCTCPFVGCTRCTVU
2KÛEGUFŅWUCTG
2KG\CUFGFGUICUVG
5NKLVCIGFCNGP
2CTVKUQIIGVVGCFWUWTC
-WNWXCVQUCV
5NKFFGNG
5NKVCIGFGNCT
1DTCDPKFGNK
%\âĎEK\Wĭ[YCLÏEGUKâ
)[QTUCPMQRāCNMCVTÛU\GM
1RQVTGDKVG÷PÛFKGNEG
4[EJNGQRQVČGDKVGNPÛFëN[
9KEJVKIDGKFGT$GUVGNNWPIXQP'TUCV\VGKNGDKVVG'TUCV\VGKNDG\GKEJPWPIWPF'TUCV\VGKNPWOOGTCPIGDGP
0QVG9JGPQTFGTKPIURCTGRCTVURNGCUGUVCVGVJGRCTVPCOGCPFPWODGT
+ORQTVCPVNQTUFGNCEQOOCPFGFGRKÚEGUFÛVCEJÛGUXGWKNNG\KPFKSWGTNCFÛUKIPCVKQPFGNCRKÚEGCKPUKSWGUQPPWOÛTQ
+PRQTVCPVG'PGNRGFKFQFGRKG\CUFGTGECODKQCPQVCTGNPQODTG[PĚOGTQFGECFCWPCFGNCURKG\CU
$GNCPITKLMDKLDGUVGNNKPIXCPFGQPFGTFGNGPIGNKGXGJGVRQUKVKGPWOOGTCNUQQMJGVQPFGTFGGNPWOOGTVGXGTOGNFGP
+ORQTVCPVGCNNńQTFKPGFGNTKECODKQRTGIQURGEKHKECTGNCFGUETK\KQPGGKNPWOOGTQFGNNQUVGUUQ
6ÊTMGÊÊ-WPVGGVVGVKNCWMUGPXCTCQUCNWGVVGNQUVCCPVCMCCVKNCWUVCLÊVVÊGUUÊPPGM[UGKUGPXCTCQUCPPKOKMGLCXCTCQUCPWOGTQ
8KIVKIV8GFDGUVKNNKPICHTGUGTXGFGNGDGFGUTGUGTXGFGNUDGVGIPGNUGPQITGUGTXGFGNUPWOOGTGVCPIKXGV
8KMVKIVXÊPNKIGPCPIGTGUGTXFGNUDGVGEMPKPIQEJTGUGTXFGNUPWOOGTXKFDGUVÊNNPKPICXTGUGTXFGNCT
2QOGODPQ2TKPCTQÔKNWPCFQOGUVPKJFGNQXRTQUKOQFCPCXGFGVGQ\PCMQKPĐVGXKNQPCFQOGUVPGICFGNC
9CĭPG9RT\[RCFMW\ùQĭGPKC\COāYKGPKCPCE\âĎEK\COKGPPGLRTQUKO[QRQFCPKGQ\PCE\GPKCE\âĎEK\COKGPPGLKLGLPWOGTW
HQPVQU#NMCVTÛU\TGPFGNÛUMQTMÛTLĝMOKPFKICFLCOGIC\CNMCVTÛU\PGXÛVÛUTGPFGNÛUKU\ÇOÇVKU
&ĂNGĬKVÛ2TKQDLGFPÇXCPëPÇJTCFPħEJFKGNQXWXÇF\CLVGRTQUëOQ\PCÔGPKGCÔëUNQPÇJTCFPÛJQFKGNEC
&ĠNGĬKVÛRČKQDLGFPÇXÇPëPÇJTCFPëEJFëNĠWFÇXGLVGRTQUëOPÇ\GXPÇJTCFPëJQFëNWCÔëUNQPÇJTCFPëJQFëNW
&KGOKVIGMGPP\GKEJPGVGP6GKNG8GTUEJNGKēVGKNGUKPFPWTOKVFGO8GTUEJNGKēVGKNUCV\GTJÊNVNKEJ
6JGRCTVUOCTMGFYGCTCPFVGCTRCTVUCTGQPN[CXCKNCDNGYKVJVJGYGCTCPFVGCTRCTVUGV
.
GURKÚEGUKFGPVKHKÛGURCTRKÚEGUFŅWUWTGPGUQPVFKURQPKDNGUSWŅCXGENGLGWFGRKÚEGUFŅWUWTG
.
CURKG\CUOCTECFCUEQPRKG\CUFGFGUICUVGUāNQGUVÇPFKURQPKDNGUEQPGNLWGIQFGRKG\CUFGFGUICUVG
&GFGNGPFKGOGV\KLPCCPIGFWKFUNKLVCIGFCNGP\KLPCNNGGPXGTMTKLIDCCTOGVFGUGVUNKLVCIGFCNGP
.GRCTVKEQPVTCUUGIPCVGFCRCTVKUQIIGVVGCWUWTCUQPQFKURQPKDKNKUQNQPGNUGVRCTVKUQIIGVVGCWUWTC
6ÊJFGNNÊOGTMKV[VQUCVMWNWXCVQUCVQPUCCVCXCPCXCKPMWNWVWUQUCUCTLCPOWMCPC
-
QORQPGPVGTOCTMGTGVOGFUNKFFGNG
H
ÍUMWPKUNKFFGNUUÐVVGV
&GOGFOCTMGTCFGFGNCTPCUNKVCIGFGNCTMCPGPFCUV
H
ÍUOGFUNKVCIGFGNUUCVUGP
&GNGMKUQQ\PCÔGPK\QDTCDPKFGNKLGOQIQÔGFQDKVKNGXMQORNGVWQDTCDPKJFGNQX
<C\PCE\QPG\CRQOQEÏE\âĎEKE\âĎEK\Wĭ[YCLÏEGUKâFQUVâRPGUÏV[NMQY\GUVCYKGE\âĎEK\Wĭ[YCLÏE[EJUKâ
#ICNOGILGNĄNVTÛU\GMI[QTUCPMQRāCNMCVTÛU\GMEUCMCI[QTUCPMQRāCNMCVTÛU\MÛU\NGVDGPMCRJCVāM
&KGNEGQ\PCÔGPÛU[ODQNQOQRQVTGDKVG÷PÛFKGNEGUĚMFKURQ\ëEKKNGPXUCFGFKGNEQXRQFNKGJCLĚEKEJQRQVTGDQXCPKW
pÇUVKQ\PCÔGPÛUFëN[RQFNÛJCLëEëT[EJNÛOWQRQVČGDGPëN\GQDFTĬGVRQW\GUGUCFQWFëNĠRQFNÛJCLëEëEJQRQVČGDGPë
-/4