Issuu on Google+

1PTUBESFTT#PYรธรทรทรฟ รพรผรธรปรท6QQTBMBp#FTร•L%SBHBSCSVOOTHรปรผp5FMรทรธรฟรฝรปรทรผรปรทp5FMFGBYรทรธรฟรธรทรฟรฝรธรท &QPTUEHGPOEFS!EHGPOEFSTFpXXXEHGPOEFSTFp#Hรผฤ€รนรบรฝรบรผรฝp1(รปรฟรฝรธรปรฟรนรท

3BQQPSUGรšSEFUSFGรšSTUBLWBSUBMFO %FUSFGรšSTUBLWBSUBMFO

%JEOFS  (FSHF "LUJFGPOE TUFH EF USF Gร•STUB LWBSUBMFO NFE รฟ รป QSPDFOU JOLMVTJWFMร…NOBEVUEFMOJOH Kร…NGร•SUNFEรธรท รปQSPDFOUT VQQHร‡OH Gร•S 0.9 4UPDLIPMN 7JE USFEKF LWBSUBMFUT VUHร‡OH WBS BOEFMTWร…SEFU ฤ€ฤ€รผ รปรป LS QFS BOEFM 'POEFO VUWFDLMBEFT Eร…SNFE TWBHBSF ร…O Cร•STFO VOEFS FO Gร•SIร‡MMBOEFWJT HPE BMMNร…O Cร•ST VUWFDLMJOH 4FEBO IBMWร‡STTLJัซFU IBS Cร•STFOT ร‡UFSIร…NUOJOH FัซFS BOESB LWBSUBMFUT OFEHร‡OH GPSUTBUU *OUFSOBUJPOFMMU IBS Nร•OTUSFU WBSJU MJLBSUBU /ร‡HSB GBLUPSFS  Cร‡EF J 4WFSJHF PDI JOUFSOBUJPOFMMU  TPN CJESBHJU UJMM BUU PQUJNJTNFO ร‡UFSWร…OU ร…S FO BMMNร…OU HPE WJOTU VUWFDLMJOH J Gร•SFUBHFO  HPE LPOKVOLUVS TBNU GPSUTBUU Mร‡HU JOรซBUJPOTUSZDL m Mร‡OHB Sร…OUPSOB IBS HFOFSFMMU GBMMJU Oร‡HPU VOEFS USFEKFLWBSUBMFU%FUUBUSPUTBUUQSJTFSOBGร•SรซFSBNFUBMMFSGPSUTBUU TUJHB 3ร‡PMKFQSJTFU IBS EPDL VOEFS LWBSUBMFU GBMMJU NFE DJSLB รนรท QSPDFOU WJMLFUIBัซFOMVHOBOEFFฤ’FLU %F PSPTNPMO TPN Mร…OHF GVOOJUT J GPSN BW PCBMBOTFS J EFO BNFSJLBOTLB FLPOPNJO PDI BMMNร…OU IJTUPSJTLU Iร•HB GBTUJHIFUT QSJTFS GSร…NTUFHOBIFN รชOOTGPSUGBSBOEFLWBSmEFUZDLTUPNIB Gร•STUร…SLUT HFOPN BUU IVTQSJTFS J EFMBS BW 64" IBS Cร•SKBU GBMMB 7JEBSF ร…S UJMMHร‡OHFO Qร‡ JOWFTUFSJOHTWJMMJHU LBQJUBM NZDLFU TUPS m BOESB TJEBO BW EF Iร•HB WJOTUOJWร‡FSOB J Gร•SFUBHFO "OOPSMVOEB VUUSZDLUร…SGร•SFUBHFOTWJOTUFSHFOFSFMMUTFUUCFUZEMJHUIร•HSFร…OWBE TPN Hร‡S ร‡U UJMM uOPSNBMBu BLUJFVUEFMOJOHBS TBNU UJMM OZ PDI FYQBOTJPOTJOWFTUFSJOHBS %FOPQUJNJTUJTLBTZOFOร…SBUUGร•SFUBHFOTIร•HBWJOTUFSLPNNFS BUUCFTUร‡UBDLWBSFHPELPOKVOLUVSTBNUBUUMร•OFร•LOJOHBSOBGร•SCMJS Mร‡HBJWร…TUWร…SMEFOUJMMGร•MKEBWรซZUUBWQSPEVLUJPOUJMMMร‡HLPTUOBET Mร…OEFSTร‡TPN,JOB4LVMMFMร•OFSOBTUJHBSJTLFSBSVUรซZUUOJOHTUBLUFO BUUร•LB#PTUBETNBSLOBEFOJ&OHMBOENBUUBEFTBWGร•SDJSLBUWร‡ร‡S TFEBONFOQSJTFSOBIBSOVร‡UFSJHFOCร•SKBUTUJHBPDIBWNBUUOJOHFO Qร‡WFSLBEFJOUFEFOQSJWBUBLPOTVNUJPOFOOร…NOWร…SU%FUQPTJUJWB TDFOBSJPUร…SBUUTร‡ร…WFOTLFSJ64" %FOTFOBTUFUJEFOTHPEBCร•STVUWFDLMJOHIBSNFEGร•SUFUUSFMBUJWU TWBHU SFTVMUBU Gร•S GPOEFO J Kร…NGร•SFMTF NFE 0.9 4UPDLIPMN 4BOOPMJLUIBSGPOEFOTVSWBMBWBLUJFSJGร•SIร•HHSBEWBSJUMJUFGร•S Gร•STJLUJHU 1ร‡ Cร•STFO IBS LBQJUBMUVOHB CPMBH VUWFDLMBUT CSB  Sร‡WBSVCPMBH IBS VUWFDLMBUT FYUSFNU Wร…M PDI ร…WFO JOEVTUSJCPMBH NFE Sร‡WBSVCPMBH TPN LVOEFS IBS VUWFDLMBUT Wร…M 4BNUJEJHU IBS CPMBH NFE CFTQBSJOHTQSPHSBN U FY 5FMJB PDI /PSEFB VUWFDLMBUT Wร…M 'PSUTร…UUFS EFO TUBSLB Cร•ST PDI LPOKVOLUVSVUWFDLMJOHFO FO Mร…OHSFUJEJOOFCร…SEFUGร•SNPEMJHFOBUUWร‡SQMBDFSJOHTรชMPTPรชmTPN CMBJOOFCร…SBUUBSCFUBNFEFUUJOTMBHBWUJMMWร…YUPSJFOUFSBEFGร•SFUBH LPNQMFUUFSBEF NFE BOESB Gร•SFUBH TPN WJ CFEร•NFS WBSB Mร‡HU Wร…SEFSBEF m HFS GPOEFO FO Oร‡HPU TWBHBSF VUWFDLMJOH ร…O JOEFY * WBMFU BW BLUJFS LPNNFS WJ BUU GPSUTร…UUB Gร•STร•LB CFHSร…OTB Cร‡EF Sร•SFMTFSJTLFSPDIWร…SEFSJOHTSJTLFS 6OEFS EF USF Gร•STUB LWBSUBMFO รนรทรทรฝ IBS GPOEFO Qร‡WFSLBUT OFHBUJWU BW FO TWBH LVSTVUWFDLMJOH Gร•S รซFSB Gร•SFUBH JOPN JOGPSNBUJPOTUFLOPMPHJPDIUFMFLPNNVOJLBUJPOCMB5JFUPFOBUPS  5FMFรน &SJDTTPO /PLJBPDI5FMFDB'POEFOTJOOFIBWJ5SFMMFCPSH PDI IBS PDLTร‡ VUWFDLMBUT SFMBUJWU TWBHU VOEFS QFSJPEFO 'POEFO

IBS HZOOBUT BW FO HPE LVSTVUWFDLMJOH Gร•S CM B 4DBOJB  TPN ร…S Gร•SFNร‡M Gร•S VQQLร•QTEJTLVTTJPOFS  TBNU $BSOFHJF  0.9  /PCJB PDI5PQ%BONBSL

4UรšSSFGรšSรŠOESJOHBSJJOOFIBWFO

*OOFIBWFU J 4LBOTLB IBS ร•LBUT VOEFS QFSJPEFO #PMBHFU BSCFUBS WJEBSFNFEBUUGร•SCร…UUSBNBSHJOBMFSOBJCZHHWFSLTBNIFUFO.FE FO ร•LBE PSEFSJOHร‡OH Cร•S QPUFOUJBMFO Gร•S ZUUFSMJHBSF Gร•SCร…UUSJOH WBSB HPE 4BOOPMJLU TLBQBT PDLTร‡ TUPSB Wร…SEFO J 4LBOTLB ร•WFS UJEFOJOPNPNSร‡EFUJOGSBTUSVLUVSVUWFDLMJOH 5JFUP&OBUPS IBS IBัซ FO TWBH WJOTUVUWFDLMJOH VOEFS Gร•STUB IBMWร‡SFU J IVWVETBL CFSPFOEF Qร‡ QSJTQSFTT GSร‡O TUPSB LVOEFS 6OEFSGร•SVUTร…UUOJOHBWBUUCPMBHFUTQSPCMFNWJTBSTJHCFHSร…OTBEF Cร•S EFU รชOOBT FO HPE LVSTQPUFOUJBM Gร•S CPMBHFUT BLUJFS 6OEFS QFSJPEFOIBSWJร•LBUJOOFIBWFUOร‡HPU *OOFIBWFU J "BSIVT,BSMTIBNO IBS ร•LBUT Oร‡HPU 3FTVMUBU VUWFDLMJOHFOJCPMBHFUCร•SJIร•HHSBEWBSBCFSPFOEFBWGร•SFUBHFUT JOUFSOBBSCFUFPDIJNJOESFHSBECFSPQร‡LPOKVOLUVSVUWFDLMJOHFO *OPNรซFSBBWCPMBHFUTWFSLTBNIFUTPNSร‡EFOรชOOTTQFDJBMOJTDIFS TPNIBSFOIร•HSFMร•OTBNIFU *TBNCBOENFEFOQFSJPENFETWBHBSFLVSTVUWFDLMJOHVOEFS BOESBLWBSUBMFULร•QUFTBLUJFSJ"TTB"CMPZ#PMBHFUIBSVQQWJTBUFO HPEUJMMWร…YUUBLUEFOTFOBTUFUJEFO TBNUJEJHUร…SEFUEPDLTWร‡SUBUU CFEร•NBIVSTUPSBPNTUSVLUVSFSJOHBSTPNLSร…WTJLPODFSOFOGร•S BUUZUUFSMJHBSFGร•SCร…UUSBMร•OTBNIFUFO *OOFIBWFU J )BOEFMTCBOLFO IBS NJOTLBUT )VWVETLร…MFU ร…S BUU WJOTUร•LOJOHFOIBSBWUBHJU4BNUJEJHUUZDLTPDLTร‡BOESBOPSEJTLB CBOLFS WBSJU Wร…M Tร‡ EVLUJHB TPN )BOEFMTCBOLFO BWTFFOEF LPTUOBETCFTQBSJOHBS PDIUSPUTEFUWBSJULBOTLFNFSPฤ’FOTJWB *OOFIBWFU J $BSOFHJF IBS NJOTLBUT LSBัซJHU VOEFS QFSJPEFO * TBNCBOE NFE FO HPE LVSTVUWFDLMJOH VOEFS Wร‡SFO Tร‡MEFT J TUPSMFLTPSEOJOHFOUWร‡USFEKFEFMBSBWGPOEFOTJOOFIBW:UUFSMJHBSF Gร•STร…MKOJOHBWBLUJFSIBSTLFUUVOEFSUSFEKFLWBSUBMFU 7J IBS NJOTLBU JOOFIBWFU J /PCJB FัซFS FO SFMBUJWU LSBัซJH LVSTVQQHร‡OH #PMBHFUT JOWFTUFSJOHBS J FUU Wร…MVUCZHHU CFTUร‡OE BW Lร•LTCVUJLFSIBSIJUUJMMTWJTBUTJHWBSBGSBNHร‡OHTSJLTBNUJEJHUTPN CPMBHFUTJOSJLUOJOHQร‡TOBCCUJMMWร…YUWJBGร•SWร…SWJOOFCร…SFUUWJTTU SJTLUBHBOEF /PUFSBBUUGPOEFOTJOOFIBWJ4FDVSJUBTIBSEFMBUTVQQJUSFCPMBH รธ4FDVSJUBTTPNIBSFOCFUZEBOEFWFSLTBNIFUJOPNCFWBLOJOHT UKร…OTUFS TBNU -PPNJT TPN ร…S WFSLTBNU JOPN Wร…SEFIBOUFSJOH รน4FDVSJUBT%JSFDUTPNร…SWFSLTBNUJOPNMBSNPDIMBSNUKร…OTUFS SJLUBUNPUJGร•STUBIBOEFHOBIFNTNBSLOBEFOรบ4FDVSJUBT4ZTUFNT TPN ร…S WFSLTBNU JOPN JOUFHSBUJPO  Gร•STร…MKOJOH PDI TFSWJDF BW Tร…LFSIFUTTZTUFNJGร•STUBIBOEUJMMOร‡HPUTUร•SSFLVOEFS %JEOFS(FSHF'POEFS"#PDI%JEOFS(FSHF"LUJFGPOEIBS J MJLIFU NFE BOESB GPOECPMBH PDI GPOEFS HFOPNHร‡UU PN BVLUPSJTBUJPO รนรทรทรฝรทรฟรบรธ  J FOMJHIFU NFE OZ GPOEMBHTUJัซOJOH 'BLUBCMBE PDI JOGPSNBUJPOTCSPTDIZS FOMJHU EFO OZB MBHFOT LSBW รชOOT BUU UJMMHร‡ IPT GPOECPMBHFU TBNU Qร‡ GPOECPMBHFUT IFNTJEB EHGPOEFSTF 0LUPCFSรนรทรทรฝย‡"EBN(FSHF)FOSJL%JEOFS


'POEGÚSNÚHFOIFU *OOFIBW

"OUBM

.BUFSJBM  )ÕHBOÅT ϚϠϙϙϙϙϙ *OEVTUSJWBSPSPUKÅOTUFS  4FDVSJUBT ϠϚϙϙϙϙϙ )FYBHPO ϛϜϙϙϙϙϙ 4LBOTLB ϝϚϟϙϙϙϙ 5SFMMFCPSH Ϝϝϡϙϙϙϙ 4DBOJB# Ϛϙϛϙϙϙϙ "BSIVT,BSMTIBNO ϚϢϞϙϙϙϙ 4FDVSJUBT4ZTUFNT ϡϙϙϙϙϙϙ "TTB"CMPZ ϚϞϙϙϙϙϙ *OUSVN+VTUJUJB ϛϝϡϚϡϙϙ #FJKFS"MNB ϚϛϡϜϛϙϙ /PCJB Ϝϡϙϙϙϙ )-%JTQMBZ ϜϛϡϢϙϙ /FGBC ϠϚϞϡϙϙ .VOUFST Ϛϝϛϙϙϙ "EEUFDI ϜϜϟϢϙϙ 7#( ϛϡϟϚϙϙ (VOOFCP ϚϚϟϠϙϙ 1PPMJB Ϛϙϝϝϙϙ 4ÅMMBOLÕQTWBSPS  )FOOFT.BVSJU[ ϜϝϢϙϙϙϙ &MFDUSPMVY# ϚϞϙϙϙϙϙ 4FDVSJUBT%JSFDU Ϡϙϙϙϙϙϙ )VTRWBSOB# ϚϛϞϙϙϙϙ ,BQQBIM ϝϙϙϙϙϙ $MBT0IMTPO Ϛϙϙϙϙϙ 'JOBOTPGBTUJHIFU  0.9 ϝϢϞϙϙϙϙ )BOEFMTCBOLFO" ϞϞϙϙϙϙ $BSOFHJF ϝϝϢϡϙϙ -BUPVS# ϚϢϙϙϙϙ 4ÅL* Ϛϙϙϙϙϙ .4"# ϛϠϞϙϙϙ )ÅMTPWÇSE  #JPWJUSVN ϟϙϙϙϙ *OGPSNBUJPOTUFLOJL  /PLJB"#1TW ϟϞϡϙϙϙϙ 5JFUP&OBUPS ϛϜϡϙϙϙϙ &SJDTTPO# Ϛϡϙϙϙϙϙϙ 8.%BUB Ϟϟϙϙϙϙϙ 5FMFDB ϜϙϞϡϟϙϙ *#4 ϚϠϝϠϞϙϙ 5SBEFEPVCMFS ϛϝϞϞϙϙ 0&. ϚϢϚϜϙϙ 91PO$BSE ϡϠϟϙϙ

'POEFOTVUWTFEBOTUBSUFO 'POEGÕSNÕHFOIFU .LS "OUBMBOEFMBS NJMKTU  "OEFMTWÅSEF LS 6UEFMOJOH LSBOEFM 5PUBMBWLBTUO GPOEFOϗ 0.94UPDLIPMN ϗ 4*93FUVSO JOLMVUE ϗ

,VST

*OOFIBW

7ÊSEF.LS

  ϚϢϝ ϙϙ ϜϛϢ ϡ   Ϣϛ ϙϙ ϟϞϜ ϛ ϛϞϜ ϙϙ ϞϡϚ Ϣ Ϛϛϝ ϙϙ ϞϚϞ ϡ ϚϜϡ ϙϙ ϝϡϙ ϛ ϝϜϠ ϙϙ ϝϝϞ Ϡ ϚϢϢ Ϟϙ ϜϡϢ ϙ ϛϠ Ϟϙ ϛϛϙ ϙ ϚϜϟ ϛϞ ϛϙϝ ϝ Ϡϛ ϙϙ ϚϠϡ Ϡ ϡϛ Ϟϙ ϚϙϞ Ϣ ϛϝϞ ϙϙ ϢϜ Ϛ ϚϝϠ ϙϙ ϝϡ Ϝ ϟϝ ϛϞ ϝϟ ϙ ϛϡϝ ϙϙ ϝϙ Ϝ Ϛϙϟ ϙϙ ϜϞ Ϡ ϢϚ ϙϙ ϛϟ ϙ ϠϚ Ϟϙ ϡ Ϝ ϞϜ ϙϙ Ϟ Ϟ   Ϝϙϟ Ϟϙ ϚϙϟϢ Ϡ ϚϚϢ ϙϙ ϚϠϡ Ϟ Ϛϡ ϝϙ Ϛϛϡ ϡ ϡϟ ϛϞ ϚϙϠ ϡ Ϟϝ ϙϙ ϛϚ ϟ ϚϝϢ ϠϞ ϚϞ ϙ   Ϛϝϛ ϙϙ Ϡϙϛ Ϣ ϚϢϡ ϙϙ Ϛϙϡ Ϣ ϚϞϝ Ϟϙ ϟϢ Ϟ ϛϟϙ ϙϙ ϝϢ ϝ Ϝϡϟ ϙϙ Ϝϡ ϟ ϢϢ Ϟϙ ϛϠ ϝ   ϚϚϞ ϙϙ ϟ Ϣ   ϚϝϞ Ϝϙ ϢϞϟ Ϛ ϛϚϞ Ϟϙ ϞϚϛ Ϣ ϛϞ ϝϙ ϝϞϠ ϛ ϛϞ Ϟϙ Ϛϝϛ ϡ ϛϠ ϡϙ ϡϞ ϙ ϛϝ ϡϙ ϝϜ Ϝ Ϛϝϛ Ϟϙ ϜϞ ϙ ϚϟϜ Ϟϙ ϜϚ Ϝ ϚϜϝ ϛϞ ϚϚ ϡ

Ϝ Ϛϗ Ϝ Ϛϗ ϜϠ ϡϗ ϟ Ϛϗ Ϟ ϝϗ ϝ ϡϗ ϝ ϝϗ ϝ Ϛϗ Ϝ ϟϗ ϛ ϙϗ Ϛ Ϣϗ Ϛ Ϡϗ Ϛ ϙϗ ϙ Ϣϗ ϙ ϝϗ ϙ ϝϗ ϙ ϝϗ ϙ Ϝϗ ϙ ϛϗ ϙ Ϛϗ ϙ Ϛϗ Ϛϝ Ϛϗ Ϣ Ϣϗ Ϛ Ϡϗ Ϛ ϛϗ Ϛ ϙϗ ϙ ϛϗ ϙ Ϛϗ Ϣ ϛϗ ϟ Ϟϗ Ϛ ϙϗ ϙ ϟϗ ϙ Ϟϗ ϙ ϝϗ ϙ Ϝϗ ϙ Ϛϗ ϙ Ϛϗ ϛϚ Ϝϗ ϡ Ϣϗ ϝ ϡϗ ϝ ϛϗ Ϛ Ϝϗ ϙ ϡϗ ϙ ϝϗ ϙ Ϝϗ ϙ Ϝϗ ϙ Ϛϗ







-BHFSDSBOU[ /PWPUFL )*2*OUFSOBUJPOBM $ZCFS$PN$POTVMUJOH 5FMFLPNPQFSBUÕSFS 5FMFϛ# 6UMÅOETLBBLUJFJOOFIBW "MMJBO[ &LPSOFT 5PQ%BONBSL /PWP/PSEJTL# %BJNMFS$ISZTMFS 'JN(SPVQ

"OUBM

,VST

ϜϞϛϚϙϙ ϝϠϜϞϙϙ ϚϠϚϙϙϙ ϟϞϞϙϙ  ϟϞϜϙϙϙϙ  ϛϝϙϙϙϙ ϡϢϙϙϙϙ ϚϜϙϙϙϙ ϛϙϙϙϙϙ ϛϠϙϙϙϙ ϚϞϞϝϙϙ

 ϛϢ ϝϙ ϛϙ ϛϙ Ϝϟ Ϡϙ Ϝϟ ϟϙ  Ϡϝ ϙϙ  Ϛϛϟϡ ϙϛ ϚϞϚ ϝϝ Ϛϙϙϡ ϢϚ Ϟϝϛ ϢϠ ϜϟϞ ϜϠ ϝϠ Ϡϛ

7ÊSEF.LS  Ϛϙ ϝ Ϣ ϟ ϟ Ϝ ϛ ϝ  ϝϡϜ ϛ  Ϝϙϝ Ϝ ϚϜϝ ϡ ϚϜϚ ϛ Ϛϙϡ ϟ Ϣϡ ϟ Ϡ ϝ

ϙ Ϛϗ ϙ Ϛϗ ϙ Ϛϗ ϙ ϙϗ ϝ Ϟϗ ϝ Ϟϗ Ϡ Ϝϗ ϛ ϡϗ Ϛ ϛϗ Ϛ ϛϗ Ϛ ϙϗ ϙ Ϣϗ ϙ Ϛϗ ϢϠ Ϝϗ

4VNNBWÅSEFQBQQFS



 ϚϙϞϙϞ Ϛ

¸WSJHBUJMMHÇOHBSPDITLVMEFS #BOLUJMMHPEPIBWBOEF 'PSESJOHBS TÇMEBWÅSEFQBQQFS  6QQMVQOBLPTUOBEFS 4LVMEFS LÕQUBWÅSEFQBQQFS 

    

    

'POEGÕSNÕHFOIFU



 ϚϙϠϢϝ ϟ Ϛϙϙ ϙϗ

 ϛϠϡ ϡ Ϟϟ Ϛ Ϛϙ Ϟ Ϝϝ Ϣ

ϛ Ϡϗ  

657&$,-*/(&/ "7 "/%&-47­3%&5 0$) 0.9 450$,)0-.  m 

 

%JEOFS(FSHF"LUJFGPOE

 



0.94UPDLIPMN

                                   





















ϚϙϠϢϞ ϚϙϢϙϟ ϠϠϢϚ ϝϢϙϜ ϜϚϙϟ ϜϠϠϡ ϛϟϚϢ ϡϜϜ Ϛ ϝϚϟ ϟ ϛϟϛ Ϟ ϡϠ Ϛ Ϛϡ Ϟ ϟ Ϟ Ϛϙ ϡϝϝ ϚϚ ϟϠϡ Ϛϙ ϢϢϙ ϡ ϛϝϢ ϟ Ϡϡϝ Ϟ ϜϟϠ Ϝ ϢϙϢ Ϛ ϝϛϡ Ϛ ϚϞϙ ϙ ϡϢϞ ϙ ϝϙϡ ϙ ϚϜϢ ϙ ϙϟϜ ϢϢϞ ϝϝ ϢϜϜ ϢϚ Ϡϙϡ ϡϟ ϞϢϝ Ϝϡ ϝϞϠ ϡϙ ϠϙϜ ϡϢ ϟϟϢ ϡϞ ϞϡϜ ϜϜ Ϝϟϛ ϛϙ ϛϢϜ ϛϞ ϛϚϜ ϛϡ ϚϜϜ ϠϠ ϚϙϜ ϛϚ Ϛϡ ϛϝ Ϛϛ ϟϚ Ϣ Ϡϛ Ϛϛ ϜϜ Ϣ ϜϞ Ϝ Ϟϙ ϝ ϞϞ ϝ ϢϜ ϛ ϝϜ ϙ Ϡϙ ϙ ϟϢ   ϡ ϝ Ϝϝ ϙ ϛϙ Ϣ ϜϜ ϝ Ϝϝ ϙ Ϟ Ϡ ϚϞ ϟ ϟϜ Ϛ ϛϝ Ϝ ϜϠ Ϣ ϟϙ ϛ ϛϢ ϟ Ϝ ϛ Ϛϙ ϝ Ϝϛ ϟ ϚϠ ϟ ϛϢ ϡ ϜϠ ϝ Ϛϟ Ϣ Ϛϛ ϙ ϟϟ Ϟ Ϛϙ Ϣ ϛϠ ϙ ϜϢ ϝ Ϛϡ Ϝ Ϛ ϙ Ϛϝ Ϛ Ϝϟ Ϝ ϛϙ ϡ Ϝϝ ϛ ϜϞ Ϣ Ϛϝ Ϣ Ϛϙ ϡ ϟϢ ϡ ϚϜ Ϛ ϛϠ Ϣ ϝϛ ϟ ϛϙ Ϡ Ϧ

'POEFOKÊNGÚSUNFE 0.94UPDLIPMN ϗ 4*93FUVSO JOLMVUE ϗ

ϛ ϙ Ϟ Ϡ

Ϛ ϝ ϛ Ϝ

Ϝ Ϝ

ϙ Ϛ

Ϝ ϟ ϙ ϡ

Ϝ ϝ ϛϛ Ϟ ϛϠ ϟ

Ϛ Ϣ ϛϙ Ϟ ϛϟ ϝ

ϝ Ϛ ϚϜ ϝ Ϛϙ ϡ ϛϙ ϡ ϚϚ Ϝ  ϛ ϛ Ϡ ϝ ϚϚ ϛ Ϣ Ϣ ϚϠ ϟ ϡ Ϣ Ϧ

0.94UPDLIPMNIFUUFUJEJHBSF4UPDLIPMN"MM4IBSFϦ 'POEFOTUBSUBEFEFOϛϚPLUPCFSϚϢϢϝ

½WSJHJOGPSNBUJPO







$PVSUBHF .LS ϟ ϝϚ  ϚϚ ϚϞ Ϣ Ϟϝ $PVSUBHFJϗBWPNTÅUUOJOH ϙ ϙϢ  ϙ ϚϚ ϙ ϚϚ (FOPNTOJUUMJHGPOEG .LS ϚϙϠϡϢ  ϢϜϙϡ ϟϞϜϙ $PVSUBHFHFOPNTGPOEGϗ ϙ ϙϟ  ϙ Ϛϛ ϙ ϚϞ 0NTÅUUOJOHTIBTU HHSì ϙ Ϝϙ  ϙ Ϟϝ ϙ Ϟϛ 5PUBMLPTUOBETBOEFM 5," ϗí Ϛ ϛϡ  Ϛ ϜϞ Ϛ ϜϢ 5PUBMFYQFOTFSBUJP 5&3 ϗî Ϛ ϛϛ  Ϛ ϛϜ Ϛ ϛϝ









ϝ ϚϠ Ϡ ϛϢ ϡ Ϛϝ ϟ ϙϛ ϙ Ϛϙ ϙ Ϛϛ ϙ Ϛϛ ϙ Ϛϟ ϝϙϚϢ ϜϞϟϙ ϜϙϠϡ ϚϜϟϙ ϙ Ϛϙ ϙ ϛϙ ϙ ϛϟ ϙ ϝϝ ϙ ϝϞ ϙ Ϡϙ ϙ ϢϢ ϙ Ϡϟ Ϛ Ϝϟ Ϛ ϝϝ Ϛ ϝϢ Ϛ Ϡϙ Ϛ ϛϟ Ϛ ϛϜ Ϛ ϛϛ Ϛ ϛϟ







ϛ ϛϟ Ϛ Ϝϡ Ϛ Ϝϟ ϙ ϛϙ ϙ ϛϙ ϙ ϛϞ ϞϞϜ ϙ Ϝϝϡ Ϡ ϚϢϟ ϝ ϙ ϝϚ ϙ ϝϙ ϙ ϟϢ ϙ ϢϜ ϙ ϡϢ Ϛ ϚϚ Ϛ Ϡϛ Ϛ Ϡϙ ϛ ϙϜ Ϛ ϜϚ Ϛ Ϝϙ Ϛ Ϝϝ





ϙ ϜϞ ϙ Ϝϙ ϜϢ Ϣ ϙ ϡϡ Ϛ ϛϛ ϛ ϛϜ Ϛ ϜϞ

ϙ ϚϞ ϙ Ϝϙ Ϛϙ Ϛ Ϛ ϝϡ Ϛ ϢϢ ϛ ϢϜ Ϛ ϝϞ

TFOBTUFϚϛNÇOBEFSOB Ϛ0NTÅUUOJOHTIBTUJHIFUEFêOJFSBTTPNGPOEFOTTBNNBOMBHEBGÕSTÅMKOJOHBWBLUJFS PNEFUÅSNJOESFÅOTVNNBLÕQ EJWJEFSBUNFEHFOPNTOJUUMJH GPOEGÕSNÕHFOIFU NÇOBETWJTCFSÅLOBU  ϛ5PUBMLPTUOBETBOEFMEFêOJFSBTTPNTBNUMJHBBWHJѫFS TFBWTOJUUFU,PTUOBEFSJGPOEFOTÇSTCFSÅUUFMTFTJEϚϝ PDIDPVSUBHFJQSPDFOUBWGPOEFOTHFOPN TOJUUMJHBGÕSNÕHFOIFUTFOBTUFϚϛNÇOBEFSOB Ϝ5PUBMFYQFOTFSBUJPEFêOJFSBTTPNTBNUMBWHJQSPDFOUBWGPOEFOTHFOPNTOJUUMJHBGÕSNÕHFOIFUVOEFSTFOBTUFϚϛNÇO EWTTPN5,"NFOGÕSVUPNDPVSUBHF 


/KvartalsrapportQ32006