o o
*M 4FUVQ "TTJTUBOU #MVFUPPUI DFSDIFSË JM NPVTF 2VBOEP JM
NPVTFÒTUBUPMPDBMJ[[BUPFWJEFO[JBSMPDMJDDBSFTVi$POUJOVBw
FBUUFOEFSFDIFJMDPMMFHBNFOUPTJBDPNQMFUBUP
$MJDDBSFTVi$POUJOVBwQFSDPNQMFUBSFMBQSPDFEVSB
$MJDDBSFi2VJUw QFS UFSNJOBSF F DIJVEFSF JM 4FUVQ "TTJTUBOP
#MVFUPPUI*M#5.*$30ÒQSPOUPQFSFTTFSFVUJMJ[[BUP
1SPDFEVSBEJDPMMFHBNFOUPQFS8JOEPXT
1FSDPMMFHBSFJM#5.*$30BMDPNQVUFSTFHVJSFMBQSPDFEVSBJOEJ
DBUBRVJEJTFHVJUP
"QSJSFi.Z #MVFUPPUI 1MBDFTw QFS MBODJBSF JMi4FUVQ XJ[BSE
#MVFUPPUIw TFMF[JPOBSF i7PHMJP USPWBSF VO EJTQPTJUJWP
#MVFUPPUITQFDJGJDPFDPOGJHVSBSMPywFDMJDDBSFi"WBOUJw
/FMMFGJOFTUSFEJTFMF[JPOFEFJEJTQPTJUJWJ#MVFUPPUITFMF[JP
OBSFi.PTUSBUVUUJJEJTQPTJUJWJwFDMJDDBSFi3JQFUJMBSJDFSDBwP
i"HHJPSOBw2VBOEPJMNPVTFÒTUBUPMPDBMJ[[BUPFWJEFO[JBSMP
FDMJDDBSFTVi"WBOUJw
4FMF[JPOBSFJMNPVTF#MVFUPPUIDMJDDBSFTVi"WBOUJwFTFHVJSF
MFQSPDFEVSFTVMMPTDIFSNPQFSDPNQMFUBSFMFJNQPTUB[JPOJ
*M#5.*$30ÒQSPOUPQFSFTTFSFVUJMJ[[BUP
6TPEFM#5.JDSP
*M#5.JDSPWJFOFUPUBMNFOUFSJDPOPTDJVUPEBMTJTUFNBPQFSBUJWP
/POÒSJDIJFTUPOFTTVOTPGUXBSFEFMESJWFS-FGVO[JPOJEFMQVM
TBOUFEJEFGBVMUTPOP
t 5BTUPTJOJTUSP6UJMJ[[BOEPVOTPMPDMJDLEFMNPVTF
t 5BTUPEFTUSP6UJMJ[[BOEPiDUSMwQJáDMJDLEFMNPVTF
t 5BTUPEJSPUFMMJOBEJTDPSSJNFOUP*NQPTUBUPTVOFTTVOP
t 3PUB[JPOF EFMMB SPUFMMJOB -B WFMPDJUË EFMMB SPUFMJOB Ò
JNQPTUBUBTVOPSNBMF
1FS EJTBUUJWBSF MB NPEBMJUË EJ TQFHOJNFOUP DMJDDBSF TVM
QVMTBOUFEFMNPVTF/0/QSFNFSFJMQVMTBOUFiDPOOFDUw
4FOPOTJVUJMJ[[BJM#5.JDSPQFSVODFSUPQFSJPEPTQFHOFSMPUSB
NJUFMJOUFSSVUUPSFPOPGGQPTUPOFMMBQBSUFJOGFSJPSFEFM#5.JDSP
JONPEPEBSJTQBSNJBSFMFCBUUFSJF
/PUB QFS HMJ VUFOUJ .BD * QVMTBOUJ EFM NPVTF QPTTPOP FTTFSF
DPOGJHVSBUJ JO &YQPTÏ QFS GVO[JPOJ TQFDJGJDIF 1FS NBHHJPSJ
JTUSV[JPOJBOEBSFTV&YQPTÏJO1SFGFSFO[FEJTJTUFNB
(BSBO[JB
-B.BDBMMZ1FSJQIFSBMTHBSBOUJTDFDIFRVFTUPQSPEPUUPÒQSJWPEJEJGFUUJEJTPSUBNBUF
SJBMJ P GBCCSJDB[JPOF QFS MB EVSBUB EFM QFSJPEP EJ HBSBO[JB B EFDPSSFSF EBMMB EBUB EJ
BDRVJTUP2VBMPSBJMQSPEPUUPEPWFTTFSJTVMUBSFEJGFUUPTPDPNFWPTUSBVOJDBSJQBSB[JPOF
FEPCCMJHPEFMDPTUSVUUPSFMB.BDBMMZQSPWWFEFSËBSJQBSBSFPTPTUJUVJSFJMQSPEPUUP-B
QSFTFOUF HBSBO[JB Ò FTDMVTJWB F MJNJUBUB BM #5.*$30 .BDBMMZ -B QSFTFOUF HBSBO[JB
OPO Ò BQQMJDBCJMF B QSPEPUUJ DIF TJBOP TUBUJ PHHFUUP EJ VTP JOEFCJUP VTP FDDFTTJWP
DPOEJ[JPOJFMFUUSJDIFPBNCJFOUBMJBOPNBMFPRVBMTJBTJBMUSBDPOEJ[JPOFEJWFSTBEBDJÛ
DIFTJDPOTJEFSBVTPOPSNBMF
-BSFTQPOTBCJMJUÈEFMMB.BDBMMZ1FSJQIFSBMTTDBUVSFOUFEBMMBQSFTFOUFHBSBO[JBFWFOEJUB
ÒMJNJUBUBBMSJNCPSTPEFMQSF[[PEJBDRVJTUP-B.BDBMMZ1FSJQIFSBMTOPOTBSËJOBMDVO
DBTPSFTQPOTBCJMFQFSJMDPTUPEJGPSOJUVSBEJQSPEPUUJPTFSWJ[JTPTUJUVUJWJOÏQFSQFSEJUFEJ
QSPGJUUPOÏQFSRVBMTJBTJEBOOPDPOTFHVFOUFJODJEFOUBMFEJSFUUPPJOEJSFUUPRVBMVORVF
OFTJBMBGPOUFOÏQFSRVBMTJBTJUFPSJBEJSFTQPOTBCJMJUËTDBUVSFOUFEBRVFTUBHBSBO[JB
FWFOEJUB2VFTUFMJNJUB[JPOJWBSSBOOPBODIFOPOPTUBOUFFWFOUVBMJNBODBO[FEJTDPQP
FTTFO[JBMFEJRVBMTJBTJSJQBSB[JPOFMJNJUBUB
.BDBMMZ&VSPQF
5FLMJOL&VSPQF#7
5FM
'BY
FNBJMTBMFT!NBDBMMZFVSPQFDPN
XFCTJUFXXXNBDBMMZFVSPQFDPN
.BDBMMZ64"
.BDF(SPVQ*OD
5FM
'BY
FNBJMTBMFT!NBDBMMZDPN
XFCTJUFXXXNBDBMMZDPN
#5.JDSP.BOVBM SFW$PQZSJHIU.BDBMMZ1FSJQIFSBMT
"4-ICRO-ANUAL%5?REVINDD
