74
/tWLXPLRQYH]HWpNQpONOLN|UIĬUpV]
+8
),*<(/(0
$Np]LV]HUV]iPDNWXiOLV
KDV]QiODWDNRUPpUKHWĘYLEUiFLypV]DMNLERFViWiVL
pUWpNHNHOWpUKHWQHNDEHMHOHQWHWWpUWpNHNWĘOPHUW
QDJ\EDQIJJQHNDV]HUV]iPKDV]QiODWLPyGMiWyOpVD
PHJPXQNiOWDONDWUpV]WtSXViWyOËPHQpKiQ\SpOGDpV
HOWpUĘpUWpNDV]HUV]iPKDV]QiODWiWyOIJJĘHQ
+RJ\DQKDV]QiOMiNDV]HUV]iPRWPLO\HQDQ\DJRNDW
YiJQDNYDJ\I~UQDN
$]HV]N|]MyiOODSRWEDQYDQHPHJIHOHOĘHQ
NDUEDQWDUWMiNH
0HJIHOHOĘWDUWR]pNRNDWKDV]QiOQDNHD]HV]N|]K|]
YLJ\i]QDNHKRJ\pOHVOHJ\HQpVMyiOODSRWEDQ
PDUDGMRQ
$IRJDQW\~PHJUDJDGiViQDNHUĘVVpJpWĘOpVD]HVHWOHJ
KDV]QiOWYLEUiFLyVpV]DMFV|NNHQWĘWDUWR]pNWtSXViWyO
$V]HUV]iPRWUHQGHOWHWpVV]HUĦHQNLDODNtWiViQDNpVD
MHOHQXWDVtWiVRNQDNPHJIHOHOĘHQKDV]QiOMiNH
+DDV]HUV]iPRWQHPNH]HOLNPHJIHOHOĞHQ
Np]NDUYLEUiFLyVV]LQGUyPiWRNR]KDW
),*<(/(0
$SRQWRVViJpUGHNpEHQD]
H[SR]tFLyVV]LQWEHFVOWpUWpNpKH]DYDOyV
KDV]QiODWLN|UOPpQ\HNN|]|WW¿J\HOHPEHNHOOYHQQL
DPĦN|GpVLFLNOXVYDODPHQQ\LHOHPpWtJ\D]WD]LGĘW
LVDPLNRUDV]HUV]iPNLYDQNDSFVROYDpVDPLNRU
UHVMiUDWEDQPĦN|GLN(]DWHOMHVPXQNDLGĘV]DN
YLV]RQ\ODWiEDQMHOHQWĘVHQFV|NNHQWKHWLD]H[SR]tFLyV
V]LQWHW
$YLEUiFLyQDNpV]DMQDNYDOyNLWHWWVpJNRFNi]DWiQDN
FV|NNHQWpVH
0,1',*pOHVYpVĘWSHQJpWpVKHJ\HVI~UyIHMHW
KDV]QiOMRQ
$]HV]N|]WMHOHQXWDVtWiVRNQDNPHJIHOHOĘHQWDUWVD
NDUEDQpVYLJ\i]]RQDPHJIHOHOĘNHQpVUHDKROHUUH
V]NVpJYDQ
+DDV]HUV]iPUHQGV]HUHVKDV]QiODWiWWHUYH]LN
DNNRUPHJpULDYLEUiFLypV]DMFV|NNHQWĘWDUWR]pNRN
EHV]HU]pVH
ÒJ\WHUYH]]HPHJDPXQNiMiWKRJ\DPDJDV
UH]JpVV]iP~HV]N|]|NKDV]QiODWiWLJpQ\OĘIHODGDWRNDW
W|EEQDSUDRVV]DHO
7$572=e.2.
:;
:;
7&7IĦUpV]ODS7
1
1
3RUDGDSWHU
1
1
9LOOiVNXOFV
1
1
3iUKX]DPRVYH]HWĘ
1
1
$NNX9/L,RQ$K
:$
1
yUD7|OWpV:$
1
-DYDVROMXNKRJ\DWDUWR]pNRNDWXJ\DQDEEyODEROWEyO
YiViUROMDPHJDKRODV]HUV]iPRWLVYiViUROWD7RYiEEL
UpV]OHWHNHWDWDUWR]pNFVRPDJROiViQWDOiO.pUMHQ
VHJtWVpJHWpVWDQiFVRWDEROWLHODGyNWyO
+$6=1É/$7,
87$6Ì7É62.
0(*-(*<=e6
0LHOĘWWDV]HUV]iPRWKDV]QiOQi
ROYDVVDHO¿J\HOPHVHQD]XWDVtWiVRNDW
5(1'(/7(7e6
$V]HUV]iPIHOKDV]QiOKDWyKRVV]DQWLpV
NHUHV]WYiJiVRNUDIiEDpVPiVDQ\DJRNEDPLN|]EHQ
V]LOiUGDQDPXQNDGDUDERQWiPDV]NRGLN
g66=(6=(5(/e6e60ī.g'e6
0ĬYHOHW
ÉEUD
0ī.g'7(7e6(/ĝ77
$]DNNXPXOiWRUHOWiYROtWiVD
/iVG$ÈEUD
$]DNNXPXOiWRUIHOW|OWpVH
/iVG$ÈEUD
$]DNNXPXOiWRUEHKHO\H]pVH
/iVG$ÈEUD
g66=(6=(5(/e6
$IĦUpV]ODSEHKHO\H]pVHpV
HOWiYROtWiVD
),*<(/(0
$
IĦUpV]NRURQJFVHUpMHHOĘWW
PLQGHQHVHWEHQYHJ\HNLD
V]HUV]iPEyOD]DNNXW
/iVG%ÈEUD
,PEXV]NXOFVKHO\H
/iVG&ÈEUD
%L]WRQViJL%H.L.DSFVROy
9,*<É=$7
$]pOHVNpV
RNR]WDYiJiVLVpUOpVHN
HONHUOpVHpUGHNpEHQNpUMN
QHWHJ\HDNH]pWDWDOSODS
N|UQ\pNpUH
0(*-(*<=e6
$V]HUV]iP
KDV]QiODWDNRUFVDWODNR]WDVVDD
SRUDGDSWHUWDSRUJ\ĦMWĘK|]
/iVG'ÈEUD
9iJiVPpO\VpJEHiOOtWiVD
/iVG(ÈEUD
9iJiVYH]HWĘ
/iVG)ÈEUD
3iUKX]DPRVYH]HWĘ
/iVG**ÈEUD
)HUGHYiJiV
/iVG+ÈEUD
)ĦUpV]SRU(OWiYROtWiVD
/iVG,ÈEUD