19
'SPOU1BOFM
&'95*.&
5IJTDPOUSPMBEKVTUTUIFUJNFPGUIFQBSUJDVMBSSFWFSCPSEFMBZ
&'950.0/*503
5IJTDPOUSPMBEKVTUTUIFBNPVOUPGFGGFDUTTJHOBMTFOUUPUIFNPOJUPSNJYBMMPXJOHFGGFDUTUPCF
IFBSEGSPNUIFTUBHFWJBUIFNPOJUPST,FFQUIJTDPOUSPMBTMPXBTQPTTJCMF
&'950."*/
5IJTDPOUSPMBEKVTUTUIFBNPVOUPGFGGFDUTTFOUUPUIFNBJOGSPOUPGIPVTFNJY
3FNFNCFS"MJUUMFHPFT
BMPOHXBZ
'-4
'&&%#"$,-0$"5*/(4:45&.
8IFOGFFECBDLPDDVSTÂUIFDPSSFTQPOEJOH-&%PGUIFGSFRVFODZCBOEUIBUJTGFFEJOHCBDLXJMMJMMVNJ
OBUFPWFSUIFTMJEFSUPCFBEKVTUFE4MPXMZCSJOHUIFDPSSFTQPOEJOHTMJEFSEPXOVOUJMUIFGFFECBDLJT
HPOF5IF-&%XJMMSFNBJOJMMVNJOBUFEGPSBGFXTFDPOETBGUFSUIFGFFECBDLJTHPOF8IFOUIFGFFECBDL
EPFTOµUSFUVSOÂBMMUIF-&%TXJMMCFDPNFBDUJWFBHBJOBDUJOHBTBOPSNBM&2
(3"1)*$&2
5IFTFCBOE&2TBSFEFTJHOFEGPSE#PGDVUPSCPPTU5IFFRVBMJ[FSTBSFQMBDFECFGPSFUIF1SFBNQ
PVUQVUTUIFSFGPSFÂUIF.BJOBOENPOJUPSQSFBNQPVUQVUTBSFQPTU&2
&.
''
'(
'%
'&
''
'(