'6/%"%03&4 +FT·T ~MWBSF[ EFM $BTUJMMP 7 +PSHF ~MWBSF[ EFM $BTUJMMP ;
&%*503 %*3&$503 $BSMPT ~MWBSF[ EFM $BTUJMMP (
"º0 $* /Á.&30
%
4&$$* /
/05*.&9 $035&4¶"
-B '*- DPO TBCPS FTQB×PM [YÊ*?} >ÊÌÀiÃÊ
&M QFMJHSP EF MB DPOUBNJOBDJØO [YÊÊ*?} >Ê` Ã (6"%"-"+"3" +"- %0.*/(0 %& /07*&.#3& %&
"UMJYDP DVOB EF MB /PDIFCVFOB &M 1VFCMP . HJDP EF "UMJYDP QSPEVKP FTUF B®P VO NJMM°O NJM QMBOUBT EF GMPS EF /PDIF CVFOB EF MBT DVBMFT TF DPNFSDJBMJ[B FO MPT &TUBEPT EF :VDBU O 2VJOUBOB 3PP $IJB QBT /VFWP -F°O Z 5BNBVMJQBT "EFN T QPS FTUPT EªBT DFMFCSB MB FEJDJ°O O·NFSP EF MB 'FSJB EF MB /PDIFCVFOB RVF UFSNJOB FM QS°YJ NP EF EJDJFNCSF
L=O=LKNPA H= CQå= L=N= @EOBNQP=N AH @KIEJCK
-Õ«iÀÛ Ã À\ÊÊ Õ> Ê À> V ÃV Ê â? iâÊÊvÀ> V ÃV °} â> iâJ v À >` À°V ° ÝÊ
#FMMF[B BMUF¨B FO +"-04505*5-y/ 'SBODJTDP (PO[²MF[
5
JFSSB EF DBOUFSB MBCSBEB DPO NBFTUS½B Z EPOEF MBT USBEJDJPOFT TF NBOUJFOFO WJWBT $JVEBE EF IPNCSFT MFBMFT RVF IBCMBO EF GSFOUF Z NVKFSFT PSHVMMPTBT EF CFMMF[B FU¹SFB 3JODÂO EPOEF +BMJTDP FODVFOUSB TVT DPMPSFT N²T WJCSBOUFT Z TVFOBO DBO DJPOFT RVF MMFHBO BM BMNB -B QSJNFSB WF[ RVF WB ZBT B +BMPTUPUJUM²O TF RVFEB HSBCBEB QSPGVOEP FO MB NFOUF Z DPO HBOBT EF WPMWFS RVF TF BOJEBO QBSB TJFNQSF FO FM BMNB &ODMBWBEP FO FM DPSB[ÂO EF MPT "MUPT EF +BMJT DP QBSUF EFM FODBOUP EF +BMPTUPUJUM²O SFTJEF FO TV $FOUSP )JTUÂSJDP &T BRV½ EPOEF FODPOUSBS²T VOB EF MBT KPZBT N²T CFMMBT EF MB DBOUFSB KBMJTDJFOTF -B 1BSSPRVJB EF /VFTUSB 4FÁPSB EF MB "TVODJÂO GSFO UF B MB QMB[B "MGSFEP 3 1MBTFODJB "NCPT TPO QVO UPT EF SFVOJÂO QBSB MPT IBCJUBOUFT EF MB DJVEBE Z EF SFGFSFODJB QBSB MPT WJBKFSPT -BT EPT UPSSFT EF MB QBSSPRVJB BQVOUBO BM DJF MP FO VOB QMFHBSJB FUFSOB SFWFTUJEBT FO VO TPCSJP USBCBKP EF DBOUFSB 1FSP FM FODBOUP EFM UFNQMP OP UFSNJOB DPO TV GBDIBEB &O TV JOUFSJPS QPES²T BE
F; =CO>;>& =IHI=C>; =IGI ?F Ê=IL;TåH >? FIM ;FNIMË& JL?MOG? ; FIM PCMCN;HN?M ?F >CH;GCMGI >? MOM NL;>C=CIH?M S F; @O?LT; >? MO @? NJSBS MPT BDBCBEPT FO NBEFSB Z B MB 7JSHFO EF MB 4PMFEBE DVZP BMUBS EF DBOUFSB DVCJFSUP EF PSP EF RVJMBUFT FTQFSB B MPT EFWPUPT RVF CVTDBO VO NJ MBHSP P BHSBEFDFO FM GBWPS EJWJOP %FM BM EF BHPTUP FM QVFCMP DFMFCSB B TV QB USPOB MB UBNCJ¹O MMBNBEB i7JSHFO 1FSFHSJOBw FO VOB GJFTUB RVF QJOUB EF DPMPSFT QBQFM QJDBEP NÈ TJDB Z EFMJDJPTB DPNJEB FO QSJNFS DVBESP EF MB DJV EBE 4JO EVEB FTUB FT VOB GFDIB EPOEF TF EJTGSVUB FTQFDJBMNFOUF FYQMPSBS i+BMPTw 1FSP OP FT FM ÈOJDP NPNFOUP FO FM BÁP FO FM RVF WBMF MB QFOB EBSTF VOB WVFMUB QPS FTUB CFMMB DJV EBE BMUFÁB 1SFWJP B MB $VBSFTNB DFMFCSB TV DBSOB WBM DJUB RVF DPOHSFHB B CBOEBT NVTJDBMFT MB GJFT UB CSBWB WFOUB EF DPNJEB Z WFSCFOBT QPQVMBSFT 1PS FTBT GFDIBT TVFMFO MMFHBS NVDIPT EF MPT iIJKPT BVTFOUFTw RVJFOFT BCBOEPOBSPO +BMPTUPUJUM²O FO FM QBTBEP QBSB CVTDBS FM iTVFÁP BNFSJDBOPw Z SFHSF TBO DBEB BÁP B QBTBS VOPT E½BT FO TV UFSSVÁP
/P QPEFNPT JS B i+BMPTw TJO EJTGSVUBS VOB EF TVT BSUFTBO½BT N²T BQSFDJBEBT TV NBEFSB JODSVT UBEB P iUBSBDFBEBw RVF FT GBNPTB FO UPEP FM &TUB EP QPS FM QSPMJKP DVJEBEP RVF TF QPOF FO DBEB VOB EF MBT QJF[BT RVF TF QPOFO B MB WFOUB -B HBTUSPOPN½B EF MB DJVEBE DPNP FM SFTUP EF MB SFHJÂO TF BQPZB FTQFDJBMNFOUF FO MBT DBSOJUBT Z MPT BOUPKJUPT NFYJDBOPT &O MPT QPSUBMFT RVF TF FO DVFOUSBO BMSFEFEPS EF MB 1MB[B "MGSFEP 3 1MBTFO DJB FODPOUSBS²T BEFN²T MPT EVMDFT U½QJDPT QSFQBSB EPT DPO MFDIF RVF MF IBO EBEP GBNB B MPT "MUPT 1BSB MB GJFTUB Z CPUBOFBS FO VOB UBSEF DBMVSP TB OBEB DPNP FM #BS $BTB 7FSEF DBMMF 1PSUBM EF MB 6OJÂO VO SJODÂO FO QMFOP DPSB[ÂO EF MB DJV EBE Z DPO VOB MBSHB USBEJDJÂO QBSB MPT BNBOUFT EF MB CPIFNJB "RV½ IBZ VOB HSBO TFMFDDJÂO EF MJDPSFT NF[DBMFT Z UFRVJMB -P NJTNP FODPOUSBS²T BWFOUV SFSPT HSVQPT EF BNJHPT FO QMBO EF GJFTUB Z BEVMUPT EFQBSUJFOEP DPO SFTQFUP MBT CFCJEBT FTQJSJUVPTBT
{$».0 --&("3 1BSB BRVFMMPT RVF DVFOUFO DPO BVUP NØWJM UPNBS MB DB SSFUFSB B -BHPT EF .PSFOP &ODPOUSB SÈT MPT TF×BMBNJFO UPT RVF UF MMFWFO B +BMPTUPUJUMÈO