Page 1
{}lpou+
{}lpsu+
{}lqou+
{ fpkgvk ukgj wnov stkugwosr qgrxgp iguklxppy hklsuk xvorm wnk gttpogrikb
{
dkkt wnov qgrxgp or g vglk tpgik lsu uklkukrikb
r8=><?->398 u+8?+6
|,~45 *3~~:~3
Page 2
5+.-69 34-,+760215
PVRU R[[ ]W aYV Z\`a_bTaZ]\` SVW]_V b`Z\X aYZ` R^^[ZR\TVN
QYV\ b`Z\X aYZ` R^^[ZR\TVM R[cRe` VdV_TZ`V SR`ZT `RWVae
^_VTRbaZ]\`M Z\T[bUZ\X aYV W][[]cZ\XO
pj 6M? NBCM ;JJFC;H=? IHFS @IL CNM CHN?H>?> JOLJIM? ;M >?M=LC<?> CH NBCM OM?
;H> =;L? AOC>?m
qj 5BCM @L??T?L GOMN <? JLIJ?LFS CHMN;FF?> CH ;==IL>;H=? QCNB NB?
CHMN;FF;NCIH CHMNLO=NCIHM <?@IL? CN CM OM?>m 4?? ALIOH>CHA CHMNLO=NCIHM CH NB?
CHMN;FF;NCIH M?=NCIHm
rj 0?P?L OHJFOA SIOL @L??T?L <S JOFFCHA IH NB? JIQ?L =IL>mzFQ;SM AL;MJ
NB? JFOA @CLGFS ;H> JOFF MNL;CABN ION @LIG NB? IONF?Nm
sj 3?J;CL IL L?JF;=? CGG?>C;N?FSk ;FF ?F?=NLC= M?L PC=? =IL>M NB;N B;P? <?=IG?
@L;S?> IL INB?LQCM? >;G;A?>m}I HIN OM? ; =IL> NB;N MBIQM =L;=EM IL
;<L;MCIH >;G;A? ;FIHA CNM F?HANBk NB? JFOA IL NB? =IHH?=NIL ?H>m
tj 6HJFOA SIOL @L??T?L <?@IL? =F?;HCHA IL <?@IL? G;ECHA ;HS L?J;CLMm
v9>/i HP PWZ KV` ZOK[WV \RS[ XZWN]M\ ZOY]SZO[ [OZ^SMOE _O [\ZWVQT`
ZOMWUUOVN \RK\ K MOZ\SPSON \OMRVSMSKV XOZPWZU[ \RO [OZ^SMOF
uj }I HIN OM? ;HS ?F?=NLC=;F >?PC=? IL ;HS MB;LJ CHMNLOG?HN CH
>?@LIMNCHA SIOL @L??T?Lm
vj -@ SIOL IF> @L??T?L CM HIN <?CHA OM?>k Q? L?=IGG?H> NB;N SIO L?GIP? NB?
>IILMm 5BCM QCFF L?>O=? NB? JIMMC<CFCNS I@ >;HA?L NI =BCF>L?Hm
wj z@N?L SIOL @L??T?L CM CH IJ?L;NCIHk >I HIN NIO=B NB? =IF> MOL@;=?M CH NB?
@L??T?L =IGJ;LNG?HNk J;LNC=OF;LFS QB?H B;H>M ;L? >;GJ IL Q?Nm 4ECH G;S
;>B?L? NI NB?M? ?RNL?G?FS =IF> MOL@;=?Mm
xj }I HIN L?@L??T? @II>Mk QBC=B B;P? <??H NB;Q?> =IGJF?N?FSm
poj 5BCM @L??T?L MBIOF> HIN <? L?=?MM?> IL <OCFNlCH ;H ?H=FIM?> =;<CH?Nm -N CM
>?MCAH?> @IL @L??MN;H>CHA CHMN;FF;NCIH IHFSm
ppj } I HIN IJ?L;N? SIOL @L??T?L CH NB? JL?M?H=? I@ ?RJFIMCP? @OG?Mm
pqj 6M? I@ ;H ?RN?HMCIH =IL> CM HIN L?=IGG?H>?>m
`a
`
o<//C/< m9/= v9> w:/<+>/i
X |B?=E C@ NB?LGIMN;N =IHNLIF CM HIN CH NB? V1**W JIMCNCIHm
X |B?=E C@ @L??T?L CM JFOAA?> CHm
X |B?=E C@ NB?L? CM JIQ?L ;N NB? ;= IONF?Nk <S =B?=ECHA NB? =CL=OCN <L?;E?Lm
X 8;CN @IL rolso GCHON?M NI M?? QB?NB?L @L??T?L QCFF MN;LNm|IGJL?MMIL
=S=F? GOMN <? =IGJF?N? NI IJ?L;N?m
o99. >/7:/<+>?</ +::/+<= >99 A+<7i
X *L?KO?HN >IIL IJ?HCHAMm
X zFFIQ NCG? @IL L?=?HNFS ;>>?> Q;LG @II> NI L?;=B
@L??T?L N?GJ?L;NOL?m
X |B?=E A;ME?NM @IL JLIJ?L M?;Fm
X z>DOMN N?GJ?L;NOL? =IHNLIF NI =IF>?L M?NNCHAm
o99. >/7:/<+>?</ 3= >99 -96.i
X -@ N?GJ?L;NOL? =IHNLIF M?NNCHA CM NII =IF>k ;>DOMN NI ; Q;LG?L M?NNCHA
;H> ;FFIQ M?P?L;F BIOLM @IL N?GJ?L;NOL? NI ;>DOMNm
o<//C/< <?8= >99 0</;?/8>6Bi
X 5BCM G;S <? HILG;F NI G;CHN;CH =IHMN;HN N?GJ?L;NOL? >OLCHA
BCAB N?GJ?L;NOL? ;H> BOGC> >;SMm
X 5B? >IIL G;S B;P? <??H IJ?H?> @L?KO?HNFS IL @IL ;H ?RN?H>?>
J?LCI> I@ NCG?m
X |B?=E A;ME?N @IL JLIJ?L M?;Fm
X |B?=E NI M?? C@ NB? >IIL CM =IGJF?N?FS =FIM?>m
X |B?=E @L??T?L =IGJ;LNG?HN @IL <FI=E;A? @LIG
@LIT?H @II> J;=E;A?Mk =IHN;CH?LMk ?N=m
o<//C/< 2+= +8 9.9<i
X -HN?LCIL H??>M =F?;HCHAm
X *II>M CGJLIJ?LFS QL;JJ?> IL M?;F?> ;L? ACPCHA I@@ I>ILMm
6GEJ;C>5AEEIBD@
Page 3
``
5B;HE SIO @IL OMCHA IOL JLI>O=Nm
5BCM ?;MSlNIlOM? G;HO;F QCFF AOC>?
SIO CH A?NNCHA NB? <?MN OM? I@ SIOL
@L??T?Lm
3?G?G<?L NI L?=IL> NB? GI>?F ;H>
M?LC;F HOG<?Lm 5B?S ;L? IH ; F;<?F CH
<;=E I@ NB? @L??T?Lm
IWNOT V]ULOZ
JOZSKT V]ULOZ
GK\O WP X]ZMRK[O
a
.EG .JIJG> 4>?>G>D<> 3C>:H>
5+8- 6/-5- 015647,60215
mjvpny
y3=5 90 -236. /8><+:7/8>^k/09</ B9? >2<9A +A+B B9?< 96.
0<//C/<] >+5/ 900 >2/ .99<^t/+@/ >2/ =2/6@/= 38 :6+-/ =9 >2+>
-236.</8 7+B 89> /+=36B -637, 38=3./^
l6/+8381 +8. u+38>/8+8-/
m99< p+=5/>=i
~+<8381i
5I ;PIC> ?F?=NLC= MBI=E ;FQ;SM OHJFOA SIOL
@L??T?L <?@IL? =F?;HCHAm -AHILCHA NBCM Q;LHCHA G;S
L?MOFN CH >?;NB IL CHDOL Sm
l+?>398i{?@IL? OMCHA =F?;HCHA JLI>O=NMk ;FQ;SM L?;> ;H>
@IFFIQ G;HO@;=NOL?LUM CHMNLO=NCIHM ;H> Q;LHCHAM NI
;PIC> J?LMIH;F CHDOLS IL JLI>O=N >;G;A?m
p/8/<+6i
X 2L?J;L? ; =F?;HCHA MIFONCIH I@ rls N;<F?MJIIHM I@
<;ECHA MI>; GCR?> QCNB Q;LG Q;N?Lm 6M? MJIHA? IL
MI@N =FINBk >;GJ?H?> QCNB NB? =F?;HCHA MIFONCIHk NI
QCJ? >IQH SIOL @L??T?Lm
X 3CHM? QCNB =F?;H Q;LG Q;N?L ;H> >LS QCNB ; MI@N =FINBm
X }I HIN OM? B;LMB =B?GC=;FMk ;<L;MCP?Mk ;GGIHC;k
=BFILCH? <F?;=Bk=IH=?HNL;N?> >?N?LA?HNMk MIFP?HNM IL
G?N;F M=IOLCHA J;>Mm 4IG? I@ NB?M? =B?GC=;FM G;S
>CMMIFP?k >;G;A? ;H>nIL >CM=IFIL SIOL @L??T?Lm
X |F?;H >IIL A;ME?NM ?P?L S NBL?? GIHNBM ;==IL>CHA NI
A?H?L;F CHMNLO=NCIHMm +;ME?NM GOMN <? E?JN =F?;H ;H>
JFC;<F? NI ;MMOL? ; JLIJ?L M?;Fm
X 2?NLIF?OG D?FFS ;JJFC?> FCABNFS IH NB? BCHA? MC>? I@ A;Ml
E?NM QCFF E??J NB? A;ME?N JFC;<F? ;H> ;MMOL? ; AII>
M?;Fm
X 1==;MCIH;FFS NB?L? G;S <? JIQ?L CHN?LLOJNCIHM >O? NI NBOH>?LMNILGM
IL INB?L =;OM?Mm 3?GIP? NB? JIQ?L =IL> @LIG IONF?N QB?H ; JIQ?L
ION;A? I==OLMm 8B?H JIQ?L B;M <??H L?MNIL?>k L?JFOA JIQ?L =IL>
NI IONF?Nm -@ ION;A? CM @IL ; JLIFIHA?> J?LCI>k CHMJ?=N ;H> >CM=;L>
MJICF?> IL NB;Q?> @II> CH @L??T?Lm|F?;H @L??T?L <?@IL? L?OMCHAm
X *IL FIHA P;=;NCIHM IL ;<M?H=?Mk ?GJNS @II> @LIG @L??T?Lk GIP? NB?
N?GJ?L;NOL? }-z. NI NB? 1** JIMCNCIH ;H> =F?;H NB? >IIL A;ME?NM
;==IL>CHA NI g+?H?L;F =F?;HCHAg M?=NCIHm 2LIJ >IIL IJ?Hk MI ;CL =;H
=CL=OF;N? CHMC>?m 8B?H GIPCHA ;FQ;SM GIP? NB? @L??T?L
P?LNC=;FFSm}I HIN GIP? QCNB NB? OHCN FSCHA >IQHm 2IMMC<F? >;G;A? NI
NB? M?;F?> MSMN?G =IOF> I==OLm
x9A/< r8>/<<?:>398=
}+-+>398 +8. u9@381 l+</
3GEF>G .G>>K>G ,:G> :D= ,C>:DBD@
Page 4
{+,6/ w0 l98>/8>=
xjp n
z+0/>B x</-+?>398=mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm `
x+<>= j8. o/+>?</=mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm c
r8=>+66381 *9?< o<//C/<mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm d
6HJ;=ECHA 9IOL *L??T?Lmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm d
z>DOMNCHA 9IOL *L??T?Lmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm d
2LIJ?L zCL |CL=OF;NCIH mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm d
~F?=NLC=;F 3?KOCL?G?HNM mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm mmm e
o<//C/< o/+>?</= j8. |=/mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm f
1J?L;NCHA 9IOL *L??T?L mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm f
+?H?L;F *?;NOL?M mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm f
*;MN *L??T? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm g
*II> 4NIL;A? {;ME?NMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmg
}?@LIMNCHA zH> }L;CHCHA mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm h
|;MNILMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm h
*II> 4NIL;A? -H@ILG;NCIH mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm `_
0ILG;F 1J?L;NCHA 4IOH>Mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm `_
x<9:/< o<//C/< l+</ +8. l6/+8381mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm ``
|F?;HCHA ;H> /;CHN?H;H=? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm ``
2IQ?L -HN?LLOJNCIHM mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm ``
7;=;NCIH ;H> /IPCHA |;L? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
``
{<9?,6/=299>381mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm `a
.I=E ;H> E?S mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm h
-HMN;FF .CGCN;NCIHMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm e
o<9C/8 o99.i
X 8CJ? =IHN;CH?LM <?@IL? MNILCHA NI ;PIC> H??>F?MM MJCFFMm
X ,IN @II> MBIOF> <? ;FFIQ?> NI =IIF <?@IL? MNILCHA CH NB? @L??T?Lm
5BCM QCFF JL?P?HN OHH?=?MM;LS ?H?LAS OM?m
X 8B?H MNILCHA G?;NMk E??J CH NB? ILCACH;F
J;=E;ACHA IL L?QL;J ;M H?=?MM;L Sm
X 2LIJ?L @L??T?L MNIL;A? L?KOCL?M =ILL?=N J;=E;ACHAmzFF @II>M GOMN <? CH
J;=E;A?Mk QBC=B >I HIN ;FFIQ NB? @FIQ I@ ;CL IL GICMNOL? CHk IL IONm
-GJLIJ?L MNIL;A? QCFF L?MOFN CH I>IL ;H> N;MN? NL;HM@?L ;H> QCFF L?MOFN CH
NB? >LSCHA ION I@ NB? CGJLIJ?LFS J;=E;A?> @II>m
X *IFFIQ J;=E;A? IL =IHN;CH?L CHMNLO=NCIHM @IL JLIJ?L MNIL;A?m
X x+-5+1381 y/-977/8.+>398=i
2F;MNC= =IHN;CH?LM QCNB ;CL NCABN FC>M
,?;PS >ONS ;FOGCHOG @ICF
2F;MNC= QL;J G;>? @LIG M;L;H @CFG
4?F@lM?;FCHA JF;MNC= <;AM
X }I HIN L?@L??T? >?@LIMN?>nNB;Q?> @II>Mm
X -N CM L?=IGG?H>?> NB;N NB? @L??TCHA >;N? <? G;LE?> IH NB? J;=E;ACHm
o99. z>9<+1/ r809<7+>398
X {ICFCHA Q;N?Lk AOLAFCHA MIOH>M IL MFCABN PC<L;NCIHM NB;N ;L? NB? L?MOFN I@
NB? L?@LCA?L;HN =CL=OF;NCHA NBLIOAB NB? =IIFCHA =ICFMm
X 5B? NB?LGIMN;N =IHNLIF QCFF =FC=E QB?H CN =S=F?M IH ;H> I@@m
v9<7+6 w:/<+>381 z9?8.= *9? u+B q/+<
b
`_
Page 5
p
q
r
s
u
v
t
1**
w
-
--
---
x+<>= j8. o/+>?</=
7;LS J?L GI>?F
tm 5B?LGIMN;N EHI<
vm 2IQ?Ll1H -H>C=;NIL iAL??H FCABNj
pm |;<CH?N
rm 8;N?L >L;CH
qm *I;GlMNO@@?> >IIL
sm |IHNLIF 2;H?F
um *;MN @L??T? MQCN=BiIL;HA? FCABNj
wm |;MNIL
X }?@LIMN QB?H?P?L NB? @LIMN <?=IG?M pnsg NBC=Em 0?P?L OM? ; MB;LJ IL
G?N;FFC= CHMNLOG?HN NI L?GIP? NB? @LIMN ;M CN G;S >;G;A? NB? =IIFCHA
=ICFMmizJOH=NOL?> =ICF QCFF PIC> NB? Q;LL;HNSj
X 5OLH NB? N?GJ?L;NOL? =IHNLIF NI 1** JIMCNCIH ;H> OHJFOA NB? OHCNm
*IL >L;CHCHAk JF;=? ; NL;S <?H?;NB NB? ION?L >L;CH JFOAm 2OFF ION NB?
>L;CH >C;F iM?? @CAmhq;j ;H> LIN;N? CN MI NB;N NB? ;LLIQ JICHNM >IQH
Q;L>m 5BCM QCFF F?N NB? Q;N?L @FIQ ION CHNI NB? NL;Sm
X 3?GIP? NB? >L;CH JFOA @LIG NB? CHMC>? I@ NB? @L??T?L
}?@LIMNCHA OMO;FFS N;E?M ; @?Q BIOLMm 5I >?@LIMN @;MN?L E??J NB?
@L??T?L >IIL IJ?Hm 8B?H >IH?k JOMB NB? >L;CH >C;F CH ;H> NOLH NB?
;LLIQ NI NB? OJ JIMCNCIHm 3?lJFOA NB? >L;CH JFOA CHMC>? NB? @L??T?L
=IGJ;LNG?HNmv9>/i GIHCNIL NB? =IHN;CH?L OH>?L NB? >L;CH NI ;PIC>
IP?L@FIQm
X 8CJ? NB? CHN?LCIL I@ NB? @L??T?L ;H> L?JF;=? NB? ?F?=NLC=;F JFOA CH
NB? ?F?=NLC=;F IONF?Nm
X 3?M?N NB? N?GJ?L;NOL? =IHNLIF NI NB? >?MCL?> M?NNCHAm
@CAmhq
t9-5 +8. s/B
X 9IOL @L??T?L B;M ; FI=E ;H> E?S @?;NOL? NI M?=OL? NB? @L??T?Lm
|FIM? NB? FC> ;H> NOLH E?S NI FI=Em5OLH E?S CH >CL?=NCIH NI OHFI=Em
l+=>9<=
9IOL @L??T?L =;H <? ?KOCJJ?> QCNB =;MNILM @IL ?;MS GIPCHAm
8? L?=IGG?H> CHMN;FFCHA =;MNILM <?@IL? OMCHA NB? @L??T?Lm
-HMN;FF @IFFIQCHA NB?M? ?;MS MN?JMy
pm3?GIP? NB? @II> <;ME?N @LIG NB? @L??T?L
qm4FIQFS NCFN NB? @L??T?L IH CNM MC>?m
rm5;J IH? =;MNIL CHNI NB? <INNIG I@ NB? @L??T?Lm
*;MN?H NB? =;MNIL CHNI JF;=? QCNB M=L?QM JLIPC>?>m
sm-HMN;FF NB? INB?L NBL?? =;MNILM CH NB? M;G? G;HH?Lm
tm3?NOLH NB? @L??T?L NI CNM OJLCABN JIMCNCIH ;H> L?JF;=? NB? @II> <;ME?Nm
eswkc CN CM CGJILN;HN NI Q;CN @IL qs BIOLM ;@N?L CHMN;FF;NCIH <?@IL? JFOAACHA
CH NB? OHCN NI ;FIQ NB? L?@LCA?L;HN NI MN;<CFCT?
h
m/0<9=>381 +8. m<+38381 {2/ o<//C/<
c
Page 6
pm 3?GIP? ;FF J;=E;ACHA G;N?LC;Fm 5BCM CH=FO>?M NB? @I;G <;M? ;H> ;FF
;>B?MCP? N;J? BIF>CHA NB? @L??T?L ;==?MMILC?M CHMC>? ;H>
IONMC>?m
qm -HMJ?=N ;H> L?GIP? ;HS L?G;CHM I@ J;=ECHAk N;J? IL JLCHN?>
G;N?LC;FM <?@IL? JIQ?LCHA IH NB? @L??T?Lm
X 9IOL @L??T?L CM >?MCAH?> @IL @L??MN;H>CHA CHMN;FF;NCIH IHFSm
-N MBIOF> HIN <? L?=?MM?> IL <OCFNlCHm
X 2F;=? NB? @L??T?L IH ; @FIIL MNLIHA ?HIOAB NI MOJJILN CN @OFFS FI;>?>m
X 8B?H GIPCHA NB? @L??T?Lk H?P?L NCFN CN GIL? NB;H ; stl>?AL?? ;HAF?m
5BCM =IOF> >;G;A? NB? =IGJL?MMIL ;H> NB? M?;F?> MSMN?Gm
X -@ NB? @L??T?L CM NCFN?> F?N CN MN;H> CH ;H OJLCABN JIMCNCIH @IL ;N F?;MN qs
BIOLM JLCIL NI JFOAACHAm 5BCM CM NI ;FFIQ NB? L?@LCA?L;HN NI M?NNF?m
X 5I ;MMOL? SIOL @L??T?L QILEM ;N NB? G;RCGOG ?@@C=C?H=S CN
Q;M >?MCAH?> @ILk SIO MBIOF> CHMN;FF CN CH ; FI=;NCIH QB?L? NB?L?
CM JLIJ?L ;CL =CL=OF;NCIHk JFOG<CHA ;H> ?F?=NLC=;F =IHH?=NCIHMm
X 5B? @IFFIQCHA ;L? L?=IGG?H>?> =F?;L;H=?M ;LIOH> NB? L?@LCA?L;NILy
4C>?MYYYYYsg ipoqGGj
5IJ mmmmmmmmmmmmmmmmmmmmsg ipoqGGj
{;=Emmmmmmmmmmmmmmmmmmsg ipoqGGj
r8=>+66381 *9?< o<//C/<
|8:+-5381 *9?< o<//C/<
j.4?=>381 *9?< o<//C/<
x<9:/< j3< l3<-?6+>398
d
o+=> o<//C/
iM?? @CAm hpj
X 9IOL @L??T?L CM ?KOCJJ?> QCNB ; *;MN *L??T? MQCN=B iIL;HA? MQCN=Bjk
QBC=B QCFF ;FFIQ SIO NI KOC=EFS @L??T? @II> QB?H SIO B;P? ;>>?> ; FIN
I@ @II> ;N IH? NCG?m *FCJ NB? IL;HA? *;MN *L??T? MQCN=B IH ;H> NB?
=IGJL?MMIL QCFF LOH =IHNCHOIOMFSm 5OLH I@@ NB? *;MN *L??T? @?;NOL? IH=?
@II> B;M L?;=B?> >?MCL?> N?GJ?L;NOL?m
v9>/i }I HIN @ILA?N NI NOLH I@@ NB? @;MN @L??T? MQCN=B QB?H HIN L?KOCL?>m
}ICHA MI QCFF ;PIC> OHH?=?MM;L S ?H?LAS OM?m
@CAmhp
1**
N?GJ?L;NOL? =IHNLIF >C;F
@;MN @L??T? MQCN=B
AL??H JIQ?L lIH FCABN
X 9IOL @L??T?L B;M IH? L?GIP;<F? <;ME?Nm -N ;FFIQM SIO
NI MNIL? @II> GIL? ;==?MM;<FS IL SIO =;H L?GIP? CN C@ HIN H??>?>m
o99. z>9<+1/ k+=5/>
g
Page 7
.G>>K>G .>:IJG>H +D= 7H>
p/8/<+6 o/+>?</=
j.4?=>+,6/ >/7:/<+>?</ .3+6i
9IOL @L??T?L QCFF ;ONIG;NC=;FFS G;CHN;CH
NB? N?GJ?L;NOL? F?P?F SIO M?F?=Nm 5B?
N?GJ?L;NOL? =IHNLIF >C;F B;M r M?NNCHAM
JFOM 1**m V-W CM NB? Q;LG?MNk V---W CM NB?
=IF>?MNm 5OLHCHA NB? >C;F NI 1** MNIJM
=IIFCHA NB? @L??T?Lm 4?N NB? >C;F NI V--W
;H> ;FFIQ qs BIOLM NI J;MM <?@IL?
;>DOMNCHA NB? N?GJ?L;NOL? NI SIOL H??>Mm
[v9>/ir0 >2/ 0<//C/< 2+= ,//8
:6+-/. 38 + 29<3C98>+6 9<
>36>/. :9=3>398 09< +8B :/<39.
90 >37/ A+3> ac 29?<= ,/09</
:6?11381 >2/ ?83> 38^\
X 1H=? NB? @L??T?L CM CH CNM JLIJ?L JF;=?k JFOA CN CH ;H JLIJ?L ?F?=NLC=;F IONF?N
X 4?N NB? N?GJ?L;NOL?k IH NB? N?GJ?L;NOL? =IHNLIF EHI<m V-W <?CHA NB?
Q;LG?MN ;H> V---W <?CHA NB? =IF>?MNm -HCNC;FFS M?N NB? N?GJ?L;NOL? IH V--Wm
2F;=? @II> CHMC>? NB? @L??T?L iAL??H FCABN QCFF =IG? IH CH>C=;NCHA NB;N NB?
@L??T?L CM CH IJ?L;NCIHjm z@N?L OMCHA NB? @L??T?L @IL qs BIOLM M?N NB?
@L??T?L NI SIOL >?MCL?> M?NNCHAm
X -H =;M? SIO OHJFOA SIOL @L??T?L IL ?RJ?LC?H=? ;H ?F?=NLC=;F ION;A?k
;FFIQ t GCHON?M <?@IL? JFOAACHA CN <;=E CHm
w:/<+>381 *9?< o<//C/<
e
n6/-><3-+6 y/;?3</7/8>
X /;E? MOL? NB?L? CM ; MOCN;<F? JIQ?L 1ONF?N
;H> JLIJ?L ALIOH>CHA NI
Xv9>/i *IL J?LMIH;F M;@?NSkNBCM ;JJFC;H=? GOMN <? JLIJ?LFS ALIOH>m
|IHMOFN ; KO;FC@C?> ?F?=NLC=C;H IL M?LPC=? =?HN?L C@ NB? ALIOH>CHA
CHMNLO=NCIH ;L? HIN =IGJF?N?FS OH>?LMNII> kIL C@ >IO<N ?RCMNM ;M NI
QB?NB?L NB? ;JJFC;H=? JLIJ?LFS ALIOH>?>m
X }I HIN CHMN;FF SIOL @L??T?L CH ;HS FI=;NCIH HIN JLIJ?LFS CHMOF;N?> IL
B?;N?> ?mAm A;L;A? ?N=m
X 4?F?=N ; MOCN;<F? FI=;NCIH @IL NB? @L??T?L IH ; B;L> ?P?H
MOL@;=? ;Q;S @LIG >CL?=N MOHFCABN IL B?;N MIOL=? ?mAm L;>C;NILMk
<;M?<I;L> B?;N?LMk =IIECHA ;JJFC;H=?M ?N=mzHS @FIIL OH?P?HH?MM
MBIOF> <? =ILL?=N?>m
r8=>+66 t373>+>398=
f
NB? @L??T?Lm
Loading...