<0'
E
S
P
A
~
N
O
L
<0'
-RJSVQEGMzRKIRIVEP
2QIVSHIQSHIPS <0'(
*VIGYIRGME
+,^()'8
%QTPM½GEGMzR
H&
%YVMGYPEV
8EQEySIRTYPKEHEWPSRKMXYH\ERGLS\EPXYVE\\
4IWSIRPMFVEW
PF
&EWI
8EQEySIRTYPKEHEWPSRKMXYH\ERGLS\EPXYVE\\
4IWSIRPMFVEW
PF
%PMQIRXEGMzRIPqGXVMGE%HETXEHSVHI'%)RXVEHE::'%7EPMHE:'(
Q%QSHIPS89
%YVMGYPEVIWEHMGMSREPIW
2QIVSHITMI^EHI'PEVMX]<0',7FPERGSS<0',7&KVMWSWGYVS
)P<0'ETS]EVjYRQj\MQSHIGYEXVSQMGVSXIPqJSRSWVIKMWXVEVSREYREFEWI]
HSWQj\MQSHIQMGVSXIPqJSRSWYXMPM^zIRPEQMWQEPPEQEHE
0SWEYVMGYPEVIWEHMGMSREPIWWIZIRHIRTSVWITEVEHS
-RJSVQEGMzRWSFVIPEFEXIVuE
8MTSHIFEXIVuE
:Q%L2M1,QSHIP%%%,'+4--RXIVREXMSREP0XH
SV,*6%%%.7LIR^LIR,MKLTS[IV8IGLRSPSK]'S0XH
(YVEGMzRHIPEFEXIVuEIRLSVEWHIYWSLSVEW
(YVEGMzRHIPEFEXIVuEIRQSHSHIIWTIVELSVEW
4EVESFXIRIVMRJSVQEGMzRWSFVIPEGSQTVEHIEYVMGYPEVIWEHMGMSREPIWSIPVIGEQFMSHI
FEXIVuEWGSQYRuUYIWIGSRIPWIVZMGMSHIEXIRGMzREPGPMIRXIHI'PEVMX]
-RJSVQEGMzRHIGSRXEGXSHI'PEVMX]
7IVZMGMSHIEXIRGMzREPGPMIRXI
(MVIGGMzR
4VIWIVZEXMSR(VMZI
'LEXXERSSKE82
)74)'-*-'%'-32)78f'2-'%7
6)74327%&0)()
'9140-1-)283()0%
2361%8-:%()0%74%68)7
'PEVMX]E(MZMWMSRSJ
4PERXVSRMGW-RG
4VIWIVZEXMSR(VMZI
'LEXXERSSKE82
8IPqJSRS
-RJSVQEGMzRWSFVIPE4EVXI
HIPSWVIKPEQIRXSWHIPE
*'''SQMWMzR*IHIVEPHI
'SQYRMGEGMSRIW
E)WXIIUYMTSGYQTPIGSRPEWRSVQEW
]VIUYMWMXSWIWXEFPIGMHSWIRPE4EVXI
HIPE*''EHSTXEHETSVPE%WSGMEGMzR
HI3TIVEHSVIWHI8IPIGSQYRMGEGMSRIW
HIPSW)WXEHSW9RMHSW%'8%TSVWYW
WMKPEWIRMRKPqW)RPETEVXIMRJIVMSVHI
IWXIIUYMTSWIIRGYIRXVEYREIXMUYIXE
UYITVSZIIIRXVISXVEWMRJSVQEGMSRIW
YRMHIRXM½GEHSVHITVSHYGXSGSR
IPJSVQEXS97%%%)58<<<<
(IFITVSTSVGMSREVIWXIRQIVSEPE
GSQTEyuEXIPIJzRMGEWMWIPSWSPMGMXER
F)PIRGLYJI]XSQEGSVVMIRXI
YXMPM^EHSWTEVEGSRIGXEVIWXIIUYMTS
EPGEFPIEHSHIPIHM½GMS]EPEVIH
XIPIJzRMGEHIFIRGYQTPMVGSRPEW
RSVQEW]VIUYMWMXSWGSVVIWTSRHMIRXIW
HIPE4EVXIHIPE*''EHSTXEHE
TSVPE%'8%'SRIWXITVSHYGXSWI
WYQMRMWXVERYRGEFPIHIXIPqJSRS]
YRIRGLYJIQSHYPEV6.'973'
UYIGYQTPIGSRPSWVIUYMWMXSW)WXj
HMWIyEHSTEVEWIVGSRIGXEHSEYR
XSQEGSVVMIRXIQSHYPEVGSQTEXMFPI
UYIXEQFMqRGYQTPEGSRPSWVIUYMWMXSW
:IEPEWMRWXVYGGMSRIWHIMRWXEPEGMzR
TEVESFXIRIVQjWHIXEPPIW
G)P6)22QIVSHI)UYMZEPIRGME
HI8MQFVIWWIYXMPM^ETEVEHIXIVQMREV
PEGERXMHEHHIETEVEXSWUYITYIHIR
GSRIGXEVWIEYREPuRIEXIPIJzRMGE9RE
GERXMHEHI\GIWMZEHI6)2IRYRE
PuRIEXIPIJzRMGETYIHILEGIVUYIPSW
HMWTSWMXMZSWRSWYIRIRGYERHSWIVIGMFE
YREPPEQEHEIRXVERXI)RPEQE]SVuEHI
PEWjVIEWRSIRXSHEWPEWYQEHIP6)2
RSHIFIVuEWYTIVEVIPRQIVSGMRGS
'SRXEGXIEWYGSQTEyuEXIPIJzRMGE
PSGEPTEVEIWXEVWIKYVSHIPEGERXMHEH
HIETEVEXSWUYITYIHIGSRIGXEVEYRE
PuRIEWIKRIPXSXEPHIP6)24EVEPSW
TVSHYGXSWETVSFEHSWHIWTYqWHIP
HINYPMSHIIP6)2JSVQETEVXI
HIPMHIRXM½GEHSVHIPTVSHYGXSFENS
IPJSVQEXS97%%%)58<<<<
0SWHuKMXSWVITVIWIRXEHSWTSV
GSVVIWTSRHIREP6)2WMRIPTYRXS
HIGMQEPTSVINIQTPSWMKRM½GEYR
6)2HI
)RTVSHYGXSWERXIVMSVIWIP6)2WI
QYIWXVETSVWITEVEHSIRPEIXMUYIXE
H7MIWXIIUYMTSHIXIPqJSRSTVSZSGE
HEySWEPEVIHXIPIJzRMGEPEGSQTEyuE
PIRSXM½GEVjGSRERXMGMTEGMzRUYIIW
RIGIWEVMSIJIGXYEVYREMRXIVVYTGMzR
XIQTSVEPHIPWIVZMGMS)RGEWSHIUYI
RSWIETSWMFPIEZMWEVGSRERXMGMTEGMzR
PEGSQTEyuEXIPIJzRMGEPSRSXM½GEVjEP
GPMIRXIPSQjWTVSRXSTSWMFPI%HIQjW
PIEZMWEVjRHIWYWHIVIGLSWHITVIWIRXEV
YREUYINEERXIPE*''WMPSGSRWMHIVE
RIGIWEVMS
I0EGSQTEyuEXIPIJzRMGETYIHIVIEPM^EV
GEQFMSWIRWYWMRWXEPEGMSRIWIUYMTSW
STIVEGMSRIWSTVSGIHMQMIRXSWUYI
TSHVuEREJIGXEVIPJYRGMSREQMIRXSHIP
IUYMTS7MIWXSSGYVVMIVEPEGSQTEyuE
XIPIJzRMGEEZMWEVjGSRERXMGMTEGMzRTEVE
'32*361-(%('0%1)2
837
