4,::(05-<5A065,
:0,;, 79,.(;0 +0 3,..,9,
(;;,5;(4,5;, , 7,9 05;,96
8<,:;6 4(5<(3, 7904( +0
4,;;,9,05-<5A065,
3(46;6A(77(
56;( 3H +P[[H *VZ[Y\[[YPJL ZP PTWLNUH
JVZ[HU[LTLU[L H TPNSPVYHYL PS KLZPNU L SH
X\HSP[nKLPWYVWYPWYVKV[[P
+PJVUZLN\LUaHWLYX\HU[VX\LZ[VTHU\HSL
JVU[LUNH SL PUMVYTHaPVUP WP HNNPVYUH[L
KPZWVUPIPSPHSTVTLU[VKPHUKHYLPUZ[HTWH
u WVZZPIPSL JOL ]P ZPHUV HSJ\UL WPJJVSL
KPZJYLWHUaL MYH SH ]VZ[YH TV[VaHWWH LK PS
WYLZLU[LTHU\HSL
7LYX\HPZPHZPK\IIPVVWLYWSLZZP[nPUTLYP[V
HX\LZ[VTHU\HSLZPL[LWYLNH[PKPYP]VSNLY=P
HS5Z9P]LUKP[VYL(\[VYPaaH[V
8\LZ[V THU\HSL KL]L LZZLYL JVUZPKLYH[V
WHY[L PU[LNYHU[L KLSSH TV[VaHWWH L KL]L
LZZLYL HSSLNH[V HSSH Z[LZZH PU JHZV KP
]LUKP[H
04769;(5;,
(7,9;<9(+,33»04)(336
;VNSPL[L SH TV[VaHWWH KHSS»PTIHSSV ULS
ZLN\LU[LTVKV!
(WYP[L S»PTIHSSV ULSSH WHY[L Z\WLYPVYL L
[VNSPLYL[\[[LSLWHY[PZJPVS[L
:WLYVUL
7YVS\UNOLMYLZL
,ZLN\P[LJVYYL[[HTLU[LPSTVU[HNNPVKLSSL
WHY[P]LKP-PNNHWHNL
*(9(;;,90:;0*/,;,*50*/,
4V[VYL
!/VUKH.*.?WLY
\S[LYPVYPPUMVYTHaPVUP]LKLYLPSSPIYL[[V
TV[VYLPUKV[HaPVUL
;YHZTPZZPVUL
!WYPTHYPHHJPUNOPH
ZLJVUKHYPHHKPUNYHUHNNP
*HTIPV
!H]LSVJP[n949HWWVY[P
[V[HSP!
H
$
H
$94$
-YLZH!
HaHWWL[[LPU[LYJHTIPHIPSPWLY
SHYNOLaaHKPSH]VYVKPLJT
=LSVJP[nKPYV[HaPVUL!TPUNPYPTPU
TH_NPYPTPU
7YLZHKPMVYaH!
JPSPUKYPJH
=LSVJP[nKPYV[HaPVUL!NPYPTPU
+PZWVZP[P]VKPZPJ\YLaaH!
KPZPUULZ[V
H\[VTH[PJVKLSSH[YHZTPZZPVULHSYPSHZJPV
KLSSHYLSH[P]HSL]HKPJVTHUKV
:[LNVSLKPN\PKH!
YLNVSHIPSPPU[\[[LSL
WVZPaPVUP
7LZV!
2NJPYJH
+PTLUZPVUP!
_ _ JT/
+PTLUZPVUPPTIHSSHNNPV!
3_/_7__JT
(;;9,AA(;<9,,(**,::690
-9,:(
-YLZHKHJTJVUWLYUVLKPZJOP
SH[LYHSP
(SSHYNHTLU[VMYLZHKHJTHJT
-YLZHKHJTJVUWLYUVLKPZJOP
SH[LYHSPKPWYV[LaPVUL
(**,::690
(ZZVSJH[VYLYLNPZ[YHIPSLJVUH[[HJJV
9\V[PUVHU[LYPVYLWLY[YHZMLYPTLU[V
*VWWPHY\V[LSH[LYHSPWLY[YHZMLYPTLU[V
:,.5(30+0(==,9;04,5;6
¸(;;,5A065,¹
6ZZLY]H[LSL
H]]LY[LUaLYLSH[P]LHSSHZPJ\YLaaH
LPZLNUHSPKPH]]LY[PTLU[V
3LNNL[LSLPZ[Y\aPVUPWLYS»\ZV
¸(;;,5AS65,¹
7LYPJVSV KP
\Z[PVUP
5