Auktion 111 Künker

Page 1


111. AUKTION MÜNZEN AUS DER WELT DER ANTIKE 18. März 2006 Steigenberger Hotel Remarque Osnabrück Natruper-Tor-Wall 1 Hotel-Telefon (05 41) 60 96 633 Hotel-Fax (05 41) 60 96 634 (nur während der Auktion/only during the auction/ uniquement pendant la vente/solamente durante l'asta)

ZEITPLAN AUKTIONEN 108 - 111 AUKTION 108 BAYERN UND DAS HAUS WITTELSBACH EINE BEDEUTENDE SPEZIALSAMMLUNG AUKTION 109 GOLDMÜNZEN

Dienstag, den 14. März 2006 13.00 Uhr - 18.00 Uhr Nr. 1 bis Nr. 879 Mittwoch, den 15. März 2006 10.00 Uhr - 13.00 Uhr Nr. 1001 bis Nr. 1582 14.00 Uhr - 15.30 Uhr Nr. 1583 bis Nr. 1840

DEUTSCHE MÜNZEN AB 1871 IN GOLD UND SILBER AUKTION 110 MÜNZEN UND MEDAILLEN AUS MITTELALTER UND NEUZEIT

15.30 Uhr - 18.00 Uhr Nr. 1841 bis Nr. 2450 Donnerstag, den 16. März 2006 10.00 Uhr - 13.00 Uhr Nr. 3001 bis Nr. 3660 14.00 Uhr - 19.00 Uhr Nr. 3661 bis Nr. 4642

AUKTION 110

Freitag, den 17. März 2006 10.00 Uhr - 13.00 Uhr Nr. 4643 bis Nr. 5227 14.00 Uhr - 17.00 Uhr Nr. 5228 bis Nr. 5883

AUKTION 111 MÜNZEN AUS DER WELT DER ANTIKE

Samstag, den 18. März 2006 10.00 Uhr - 13.00 Uhr Nr. 6001 bis Nr. 6687 14.00 Uhr - 17.00 Uhr Nr. 6688 bis Nr. 7293

Detaillierter Zeitplan siehe Seite 5 Besichtigungen siehe Seite 8 Horaire détaillé voir page 5 Exposition des monnaies voir page 8

Detailed timetable view page 5 Viewing of auction good view page 8 Calendario dettagliato veda pagina 5 Esposizione veda pagina 8


UNSERE ADRESSE OUR ADDRESS

Fritz Rudolf Künker e. K. Münzenhandlung Gutenbergstr. 23 · 49076 Osnabrück Telefon: 05 41-96 20 20 Telefax: 05 41-96 20 222 Gebührenfreie Rufnummer: 08 00-58 36 537 International calls: International fax:

+49 (0)5 41-96 20 20 +49 (0)5 41-96 20 222

Während der Auktion/During the auction Steigenberger Hotel Remarque: Telefon: Fax:

+49 (0)5 41-60 96 633 +49 (0)5 41-60 96 634

Ust.-Id.-Nr.: DE 117 620 142 UNSERE GESCHÄFTSZEITEN OPENING HOURS

Montag-Donnerstag Freitag Sonnabend Saturday

9.00 - 17.00 Uhr 9.00 - 15.30 Uhr nach Vereinbarung by prior appointment

Außerhalb unserer Geschäftszeit steht unseren Kunden ein automatischer Anrufbeantworter zur Verfügung. Answering machine available after opening hours.

WWW.KUENKER.DE E-MAIL: INFO@KUENKER.DE

Auf unserer Internetseite haben Sie die Möglichkeit: • die Abbildungen zu vergrößern • Ihre Gebote direkt per Email abzugeben • die Ergebnisse der Auktionen abzurufen On our website you have the possibility: • to zoom all images • to place your bids • to view all auction results Abwicklung der Aufträge und Einlieferungen

IHRE ANSPRECHPARTNER CONTACT

Gisela Thomas, Prokuristin Telefon: (05 41) 96 20 221 Annahme von Einlieferungen Staff members accepting consignments

Dr. Andreas Kaiser Telefon: (05 41) 96 20 254 Arne Kirsch, Prokurist Telefon: (05 41) 96 20 234 Oliver Köpp, Prokurist Telefon: (05 41) 96 20 229 Jens-Ulrich Thormann MA (Antike Münzen) Telefon: (05 41) 96 20 242 Mitglied Verband der Deutschen Münzenhändler e. V. Associaton Internationale des Numismates Professionnels (AINP) 2


HINWEISE FÜR UNSERE BIETENDEN AUKTIONSKUNDEN 1. 2.

Die Auktionsbedingungen finden Sie am Ende dieses Katalogs. Bitte senden Sie uns Ihre Aufträge möglichst frühzeitig zu. Wenn uns Ihr Auftrag erst kurz vor der Auktion erreicht, können sich bei der Bearbeitung Fehler einschleichen. 3. Das beiliegende Formular macht es Ihnen leicht, ein schriftliches Gebot abzugeben. Falls Sie Ihre Gebote faxen möchten: unser Telefax 0541 96 20 222 steht Ihnen Tag und Nacht zur Verfügung. 4. Die von Ihnen ersteigerten Objekte werden Ihnen innerhalb von acht Tagen nach Beendigung der Auktion zugeschickt. Die Aufträge werden in der Reihenfolge des Eingangs bearbeitet, d. h. die zuerst eingegangenen Aufträge werden auch zuerst bearbeitet. Auch alle Bieter, die keinen Zuschlag erhalten haben, werden von uns nach der Auktion benachrichtigt. 5. Wenn Sie telefonisch bieten möchten, rufen Sie bitte vor der Auktion unseren Kundenservice an. Frau Thomas freut sich auf Ihren Anruf entweder direkt unter 0541 – 96 20 221 oder gebührenfrei unter 0800 – 5 83 65 37. 6. Wenn Sie als neuer Kunde noch nicht bei uns gekauft haben, ist es empfehlenswert, wenn Sie uns Referenzen angeben. Nennen Sie uns eine Münzhandlung, mit der Sie bereits in Geschäftsverbindung stehen. Oder rufen Sie unseren Kundenservice an. Telefon 0541 – 96 20 221 oder gebührenfrei unter 0800 – 5 83 65 37. 7. Unsere Broschüre “DIE KÜNKER-AUKTIONEN: WIE BIETE ICH ERFOLGREICH?“ liegt in jedem Katalog und ist für Sie eine nützliche Hilfe. 8. Die Echtheit aller verkauften Objekte wird auch über die gesetzliche Frist hinaus gewährleistet. 9. Alle Kunden, die als Bieter an einer unserer Auktionen teilnehmen, erhalten innerhalb von zwei Wochen nach der Auktion unsere Ergebnisliste gratis. 10. Sie haben Fragen zu einer bestimmten Münze? Sie möchten persönlich an unserer Auktion teilnehmen? Sie haben andere Fragen? Unser Kundenservice freut sich auf Ihren Anruf, entweder direkt unter 0541 – 96 20 221 oder gebührenfrei unter 0800 – 5 83 65 37.

RENSEIGNEMENTS A L'ATTENTION DE NOS CLIENTS DES VENTES AUX ENCHERES 1.

Vous trouverez les conditions générales de vente aux enchères à la fin de ce catalogue. 2. Veuillez-nous faire parvenir vos ordres le plus tôt possible. Si vos ordres nous parviennent juste avant la vente aux enchères, des erreurs risquent d’être commises lors de leur traitement. 3. Le formulaire ci-joint vous aidera à rédiger facilement votre offre. Si vous souhaitez faxer votre offre, vous pourrez-le faire 24 heures sur 24 au +49 (0)541 – 96 20 222. 4. Les objets dont vous serez adjudicataire vous seront envoyés dans les huit jours suivant la fin de la vente aux enchères. Les commandes seront prises en compte dans l’ordre de leur arrivée, c’est-à-dire que les commandes nous parvenant les premières seront d’abord traitées. Après la vente aux enchères, nous préviendrons tous les enchérisseurs n’ayant pas obtenu l’adjudication. 5. Si vous souhaitez faire des enchères par téléphone, veuillez appeler aupravant notre service clientèle. Madame Thomas sera heureuse de vous répondre directement au +49 (0)541 – 96 20 221. 6. Si vous êtes un nouveau client et n’avez encore fait aucune acquisition chez nous, il serait conseillé de nous fournir quelques références. Indiquez-nous si vous traitez déjà avec un professionnel du commerce des monnaies. Ou contactez notre service clientèle au +49 (0)541 – 96 20 221. 7. Notre brochure intitulée : »DIE KÜNKER-AUKTIONEN : WIE BIETE ICH ERFOLGREICH?“ (»Les ventes aux enchères de Künker : comment faire une enchère réussie ? « ) jointe dans chaque catalogue vous sera très utile. 8. L’authenticité des pièces vendues sera garantie même au-delà des délais légaux. 9. Tous les clients participant à l’une de nos ventes aux enchères en tant qu’enchérisseurs recevront gratuitement une liste de résultats dans les deux semaines suivant la vente aux enchères. 10. Vous avez des questions concernant une pièce particulière ? Vous désirez prendre part personnellement à notre vente aux enchères ? Vous avez d’autres questions ? Notre service clientèle se fera un plaisir de vous répondre au +49 (0)541 – 96 20 221.

IMPORTANT INFORMATION FOR PLACING BIDS 1.

The terms and conditions of the auction can be found at the end of this catalogue. 2. Please send us your instructions as early as possible. The likelihood of errors occurring increases if we do not receive your instructions until shortly before the auction. 3. The enclosed form makes it simple for you to submit a written bid. Our fax machine +49 (0)541 – 96 20 222 is on standby day and night in case you wish to fax your bids. 4. The objects which you purchase will be delivered to you within eight days of the close of auction. Instructions are processed in the same order as they were received – in other words, the first instructions to be received are the first to be processed. All unsuccessful bidders will be also informed after the auction. 5. If you would like to bid by telephone, please ring our customer service beforehand. Mrs. Thomas will be pleased to speak to you on +49 (0)541 96 20 221. 6. If you are a new customer who has not yet bought anything through us, we recommend that you give us references. Name a coin dealer with whom you have already done business. Or call our customer service on +49 (0)541 – 96 20 221. 7. Our brochure „DIE KÜNKER-AUKTIONEN: WIE BIETE ICH ERFOLGREICH?“ ("The Künker auctions: How to bid successfully?“) is enclosed in every catalogue and will prove useful to you. 8. The genuineness of all sold objects is also warranted beyond the statutory length of time. 9. All customers who participate as bidders in our auction receive our list of results free of charge within two weeks of the close of auction. 10. Do you have questions about a particular coin? Would you like to participate personally in our auction? Do you have any other questions? Our customer service team will be pleased to help you – call on +49 (0)541 96 20 221.

INFORMAZIONI PER GLI OFFERENTI DELLE NOSTRE ASTE 1. 2.

Le condizioni d’asta si trovano alla fine di questo catalogo. Siete pregati di inviarci i vostri ordini il più presto possibile. Se il vostro ordine ci perviene poco tempo prima dell’apertura dell’asta, si possono verificare errori nell’elaborazione dello stesso. 3. Per le vostre offerte scritte potete utilizzare il modulo allegato al catalogo. Nel caso voleste trasmettere le vostre offerte per fax, siete pregati di inviarle al seguente numero: +49 (0)541-96 20 222. 4. Gli oggetti che avete acquistato all’asta vi saranno spediti entro otto giorni dal termine della stessa. Gli ordini vengono evasi in base alla data di ricevimento, quindi hanno precedenza quelli pervenuti prima. Anche gli offerenti che non hanno avuta alcuna aggiudicazione riceveranno una nostra comunicazione al termine dell’asta. 5. Se desiderate la partecipazione telefonica in diretta durante l´asta, siete pregati di chiamare prima la consulenza ai clienti. La sig.ra Thomas, raggiungibile al numero diretto +49 (0)541- 96 20 221, sará a vostra disposizione. 6. Se siete clienti nuovi e non avete mai acquistato da noi, vi proponiamo di inviarci delle referenze. Dateci il nome di un negozio di monete presso il quale avete già fatto degli acquisti, oppure chiamate la nostra consulenza ai clienti al numero +49 (0)541 96 20 221. 7. Nel nostro opuscolo « DIE KÜNKER-AUKTIONEN : WIE BIETE ICH ERFOLGREICH?“ („Aste Künker: come avere successo nelle offerte?“), allegato ad ogni catalogo, troverete consigli utili. 8. Il certificato d’autenticità di tutti gli oggetti venduti viene rilasciato anche oltre i termini privisti per legge. 9. Tutti i clienti che hanno partecipato ad una nostra asta riceveranno gratuitamente l´elenco delle aggiudicazioni entro quindici giorni dal termine della stessa. 10. Avete delle domande su una moneta in particolare ? Desiderate partecipare personalmente ad una nostra asta? Avete altre domande? Rivolgetevi al nostro Servizio Clienti al numero +49 (0)541 – 96 20 221.

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WICHTIGE HINWEISE FÜR UNSERE EINLIEFERER 1.

Unser Expertenteam garantiert Ihnen eine fachgerechte Bearbeitung der von Ihnen eingelieferten Stücke. 2. Die Schätzpreise werden von uns aufgrund unserer hervorragenden Marktkenntnisse sorgfältig festgelegt. Die Stücke werden zu 80% der im Katalog angegebenen Schätzpreise ausgerufen. Durch diese Regelung werden Sie als Einlieferer geschützt. Für nicht verkaufte Objekte werden keine Gebühren erhoben. 3. Der Standard unserer Kataloge ist von hoher Qualität und findet internationale Anerkennung. Wir haben eine der besten Kundendateien, die es weltweit gibt. 4, Von der individuellen Betreuung unserer Kunden profitieren auch Sie als Einlieferer. 5. Als Einlieferer erhalten Sie Ihren Auktionserlös innerhalb von 45 Tagen nach der Auktion. Sonderregelungen sind nach Absprache möglich. 6. Auf Wunsch kann Ihre Einlieferung bei Ihnen zuhause abgeholt werden. Ab € 2.500,-- Einlieferungssumme übernehmen wir die Kosten, ab € 25.000,-können wir unter Umständen an einem vereinbarten Ort Ihre Einlieferung nach Absprache gerne auch persönlich entgegennehmen. Selbstverständlich ist Ihr Versteigerungsgut durch uns versichert. 7. Nicht alle Münzen eignen sich, als Einzelstücke aufgenommen zu werden. Vertrauen Sie auf die Erfahrung unserer Experten, die niedrigpreisige Münzen liebevoll zu interessanten Lots zusammenstellen. 8. Der Schätzwert Ihrer Einlieferung sollte mindestens € 1.000,-- betragen. 9. Ihre Einlieferung wird Ihnen sofort bei Übernahme durch ein Protokoll quittiert. Spätestens fünf Wochen vor der Auktion erhalten Sie eine genaue Auflistung Ihrer Objekte mit den dazugehörenden Katalognummern. 10. Innerhalb einer Woche nach der Auktion erhalten Sie bereits die Ergebnisliste und können alle erzielten Preise feststellen. 11. Profitieren Sie von der Anziehungskraft eines führenden Unternehmens. Bitte wenden Sie sich bei Fragen an unseren Kundenservice unter Leitung von Frau Gisela Thomas direkt unter 0541 – 96 20 221 oder gebührenfrei unter 0800 – 5 83 65 37. 12. Unsere Verträge für Einlieferungen können Sie unverbindlich anfordern. Haben Sie noch Fragen? Frau Thomas freut sich auf Ihren Anruf. Telefon: 0541 – 96 20 221 oder gebührenfrei unter 0800 5 83 65 37.

RENSEIGNEMENTS IMPORTANTS A L'ATTENTION DES VENDEURS 1.

Notre équipe d’experts garantit une prise en charge compétente des pièces que vous nous confiez. 2. Notre excellente connaissance du marché nous permet de fixer soigneusement les prix estimés. Les pièces seront mises aux enchères à un prix représentant 80% du prix estimé indiqué dans le catalogue. Cette réglementation vous protège en tant que vendeur. Aucuns frais ne seront prélevés sur les pièces invendues. 3. Nos catalogues ont un niveau qualitatif élevé, reconnu au plan international. Nous disposons d’un des meilleurs fichiers clients du monde. 4. En tant que vendeur, vous profiterez vous aussi du suivi personnalisé que nous offrons à nos clients. 5. Le vendeur recevra le produit de la vente dans les 45 jours qui suivront les enchères. Des dispositions spéciales pourront être prises sur accord préalable. 6. Nous prendrons en charge les frais d´expédition des pièces dont le montant sera supérieur à € 2.500,--: Si leur montant est supérieur à € 25.000,--, l´un de nos employés se poudra charger de prendre la livraison à un lieu concordée. En concertation, notre assurance couvrira tous les risques. 7. Les pièces de monnaie ne se prêtent pas toutes à une vente individuelle. Faites confiance à l’expérience de nos spécialistes qui se chargeront avec plaisir de rassembler les pièces bon marché de manière à constituer des lots intéressants. 8. La valeur estimée des pièces fournies devrait s’élever à un minimum de € 1.000,--. 9. Au moment de la prise en charge, vous recevrez un détail des pièces fournies. Au plus tard cinq semaines avant la vente aux enchères, vous recevrez une liste exacte de vos pièces avec les numéros de catalogue correspondants. 10. Dans la semaine qui suivra la vente aux enchères, vous recevrez déjà la liste de ses résultats et pourrez prendre connaissance des prix obtenus. 11. Profitez de l’attrait du leader du marché. Pour tout renseignement, veuillez-vous adresser à notre service clientèle sous la direction de madame Gisela Thomas : +49 (0)541 – 96 20 221. 12. Vous pouvez demander sans engagement de votre part nos contrats de dépôt de pièces? Vous avez d’autres questions? Madame Thomas sera heureuse de vous répondre au +49 (0)541 – 96 20 221.

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IMPORTANT INFORMATION FOR OUR CONSIGNERS 1.

Our team of specialists guarantees an expert treatment of the consigned items. 2. The estimates are carefully established by us due to our excellent knowledge of the market. Bidding for the items is then started at 80 % of the estimate price stated in the catalogue. This arrangement protects you as a consigner. Unsold items incur no fees. 3. The standard offered in our catalogue is of the highest quality, and is recognised internationally. We have one of the best clientele lists worldwide. 4. You as a consigner also profit from the individual consultation offered to our customers. 5. As a consigner, you receive the auction proceeds within 45 days of the close of auction. Special arrangements can be made following discussion. 6. For consignments with a value over € 2.500,-- we may bear the transportation costs. For deliveries over € 25.000,-- we may personally collect the items at an arranged place after prior consultation. Upon consultation, the shipping of your goods could be covered by our insurance. 7. Not all coins are suited to be registered as individual items. Trust in our expert´s experience as they carefully combine less-valuable coins into interesting lots. 8. The valuation price of your delivery should be at least € 1.000,--. 9. Your delivery is confirmed in writing immediately on receipt. At least five weeks before the auction, you receive an exact list of your objects with the relevant catalogue numbers. 10. Within a week of the close of auction, you receive a list with the results in order to see what prices were reached for each individual lot. 11. Profit from our position as a leading coin dealer. If you have any questions, please contact our customer service team which is headed by Mrs. Gisela Thomas – directly on +49 (0)541 – 96 20 221. 12. Would you like to receive copies of our contracts for consigner, without making any commitment? Do you have any other questions? Mrs. Thomas will be pleased to help you – please call on +49 (0)541 – 96 20 221.

INFORMAZIONI PER I NOSTRI DEPOSITANTI 1.

Il nostro team di esperti assicura un trattamento accurato dei pezzi che ci avete inviato. 2. Eseguiamo valutazioni finalizzate alla vendita. I prezzi di stima sono frutto della nostra eccezionale conoscenza del mercato e della nostra attenta valutazione. La base d´asta ammonta all´80% del prezzo di stima indicato sul catalogo. Non si addebitano spese per gli oggetti invenduti. 3. I nostri cataloghi sono di alta qualità e sono riconosciuti a livello internazionale. I nostri clienti sono fra i migliori al mondo. 4. Come depositanti potete beneficiare dell’assistenza riservata a ciascuno dei nostri clienti. 5. Come depositanti riceverete gli importi realizzati all’asta entro 45 giorni dal termine della stessa. Si possono concordare condizioni particolari. 6. A partire da un controvalore degli oggetti di € 2.500,--i costi del trasporto sono a nostro carico, mentre a partire da un controvalore di € 25.000 gli oggetti possono essere ritirati personalmente da un nostro incaricato ad un posto concordato. Naturalmente il trasporto dei vostri oggetti puó essere assicurato tramite la nostra assicurazione. 7. Non tutte le monete possono essere negoziate singolarmente. Fidatevi dell´esperienza dei nostri esperti, che raggruppano le monete non molto preziose in lotti di sicuro interesse. 8. Il valore stimato degli oggetti depositati deve ammontare ad almeno € 1.000,--. 9. Nel momento in cui gli oggetti sono presi in consegna, viene rilasciata una ricevuta numerata. Riceverete un elenco preciso degli oggetti che avete depositato con i relativi numeri di catalogo al massimo cinque settimane prima dell’asta. 10. Riceverete l’elenco degli oggetti aggiudicati entro una settimana dalla chiusura dell’asta. Potrete cosi verificare i prezzi realizzati. 11. Approfittate della capacità di un leader di mercato per aumentare il valore dei vostri oggetti. Se avete delle domande, rimaniamo a vostra disposizione per qualsiasi necessità. Rivolgetevi alla nostra consulenza ai clienti diretta dalla sig.ra Gisela Thomas al numero +49 (0)541-91 20 221. 12. Volete ricevere i nostri contratti senza impegno? Avete altre domande? Potete contattare la sig.ra Gisela Thomas al numero +49 (0)541-96 20 221.


DETAILLIERTER ZEITPLAN AUKTIONEN 108-111 AUKTION 108 BAYERN UND DAS HAUS WITTELSBACH EINE BEDEUTENDE SPEZIALSAMMLUNG AUKTION 109 GOLDMÜNZEN

Dienstag, den 14. März 2006 13.00 Uhr - 18.00 Uhr Nr. 1 bis Nr. 879 Mittwoch, den 15. März 2006 10.00 Uhr - 13.00 Uhr Nr. 1001 bis Nr. 1582 Europäische Goldmünzen und -medaillen, Goldmünzen und -medaillen aus Übersee, Habsburgische Erblande Österreich 14.00 Uhr - 15.30 Uhr Nr. 1583 bis Nr. 1840 Deutsche Goldmünzen und -medaillen

DEUTSCHE MÜNZEN AB 1871 IN GOLD UND SILBER AUKTION 110 MÜNZEN UND MEDAILLEN AUS MITTELALTER UND NEUZEIT

15.30 Uhr - 18.00 Uhr Nr. 1841 bis Nr. 2450 Donnerstag, den 16. März 2006 10.00 Uhr - 13.00 Uhr Nr. 3001 bis Nr. 3660 Europäische Silbermünzen und -medaillen, Silbermünzen und -medaillen aus Übersee, Habsburgische Erblande Österreich: Tirol, Grafschaft, Römisch-Deutsches Reich: Maximilian I. - Erzherzog Sigismund Franz 14.00 Uhr - 19.00 Uhr Nr. 3661 bis Nr. 4642 Römisch-Deutsches Reich: Leopold I. - Franz II., Kaiserreich Österreich, Republik, Geistlichkeit, Standesherren, Städte und Lots; Deutsche Münzen und Medaillen: Amberg - Braunschweig-Lüneburg

AUKTION 110

Freitag, den 17. März 2006 10.00 Uhr - 13.00 Uhr Nr. 4643 bis Nr. 5227 Deutsche Münzen und Medaillen: Bremen - Mecklenburg 14.00 Uhr - 17.00 Uhr Nr. 5228 bis Nr. 5883 Deutsche Münzen und Medaillen: Montfort - Würzburg, Medaillen, Notmünzen, Papiergeld, Vormünzliche Zahlungsmittel, Münzwaage, Münzdose, Münzschrank, Lots

AUKTION 111 MÜNZEN AUS DER WELT DER ANTIKE

Samstag, den 18. März 2006 10.00 Uhr - 13.00 Uhr Nr. 6001 bis Nr. 6687 Keltische Münzen, Griechische Münzen, Römische Münzen: Römische Republik, Imperatorische Prägungen, Römische Kaiserzeit: Augustus - Nerva 14.00 Uhr - 17.00 Uhr Nr. 6688 bis Nr. 7293 Römische Kaiserzeit: Traianus - Basiliscus, Lots römischer Münzen, Völkerwanderung, Byzantinische Münzen, Kreuzfahrer, Orientalische Münzen

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INHALT AUKTION 111 Nr.

6

Seite

MÜNZEN AUS DER WELT DER ANTIKE

6001

-

7293

9

-

175

Keltische Münzen Britannia Gallia Belgica Germania Bohemia Noricum Pannonia Dacia Thracia

6001 6001 6004 6010

-

9

-

9

-

6015

-

6019 6003 6009 6011 6012 6013 6014 6017 6018 6019

10

-

11 9 10 10 10 10 10 11 11 11

Griechische Münzen Hispania Gallia Etruria Umbria Campania Zentral-Italien Calabria Lucania Bruttium Sicilia Moesia Scythia Thracia Macedonia Paeonia Thessalia Acarnania Boeotia Euboea Attica Aegina Corinthia Peloponnesus Creta Pontus Paphlagonia Bithynia Mysia Troas Aeolis Lesbos Ionia Caria Lydia Lycia

6020 6020 6022

-

11

-

6026

-

6030 6037 6054 6068

-

12 13 16 18

-

6113 6115 6134 6175 6178 6185 6188 6190 6192 6205 6209 6214 6218 6222 6224 6226 6230

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25 27

-

33

-

35

-

6236 6239 6242 6258 6269 6280

-

42 43 45 46 47

-

6374 6021 6023 6024 6025 6028 6029 6036 6053 6067 6111 6112 6114 6133 6174 6177 6184 6187 6189 6191 6204 6208 6213 6217 6221 6223 6225 6229 6234 6235 6238 6241 6257 6268 6279 6282

60 11 11 12 12 12 12 13 16 18 24 24 24 27 33 33 34 34 35 35 37 38 38 39 39 40 40 40 41 42 42 43 45 46 47 48


Nr. Pamphylia Cilicia Syria Phoenicia Iudaea Arabia Felix Babylonia Parthia Persis Persia Sasaniden Bactria India Aegyptus Cyrenaica Zeugitania Numidia Axum Lots

Seite

6283 6290 6298 6322 6327

-

6336 6338 6341 6351 6354 6359

-

6365

-

6289 6297 6321 6326 6329 6330 6331 6332 6333 6334 6335 6337 6340 6350 6353 6358 6363 6364 6374

Römische Münzen Münzen der Römischen Republik Imperatorische Prägungen Münzen der römischen Kaiserzeit

6375 6375 6474 6523

-

Völkerwanderung Barbaren auf dem Balkan Westgoten Ostgoten Merowinger

7173 7173 7175

Byzantinische Münzen Byzanz Nicaea Lots

48 49 52 53 53 54 54 54 54 54 54 55 55 58 58 59 59 59 60

50

-

55

-

58

-

7172 6473 6522 7172

61 61 74 81

-

161 74 81 161

-

7178 7174 7176 7177 7178

161

-

162 161 162 162 162

7179 7179

-

162 162

-

7270

-

7272 7268 7269 7272

173 172 172 173

Kreuzfahrer Johanniter auf Rhodos

7273 7273

-

7281 7281

173 173

-

174 174

Orientalische Münzen Kushan Gupta in Indien Kidariten in Indien Lu'Lu'iden von Mosul Ghaznawiden

7282 7282

-

174 174

-

7289

-

7292

-

7293 7287 7288 7290 7291 7293

175 175 175 175 175 175

Ein Stichwortverzeichnis finden Sie am Ende dieses Kataloges.

7


WICHTIGE HINWEISE FÜR UNSERE TELEFONBIETER Wenn Sie telefonisch bieten möchten, muß das vor der Auktion durch uns genehmigt werden. Voraussetzung für ein telefonisches Mitbieten ist, daß Sie mindestens den Schätzpreis schriftlich bieten. Telefonisches Bieten ist erst ab einem Schätzpreis von ca. 500 Euro pro Los möglich. Bitte rufen Sie Frau Thomas vor der Auktion an unter +49 (0)541 96 20 221 oder gebührenfrei unter 0800 58 36 537. Wir übernehmen keinerlei Haftung, falls die telefonische Verbindung während der Auktion nicht zustande kommt.

INFORMATIONS POUR NOS CLIENTS PARTICIPANT A NOS VENTES AUX ENCHERES PAR TELEPHONE Si vous désirez participer par téléphone à nos ventes aux enchères, veuillez vous mettre d’accord avec notre service de clients quelques jours avant la vente sous le numéro +49 (0)541 96 20 233. Une participation téléphonique à la vente sera possible à condition que vous nous faites parvenir aussi votre ordre écrit. Cette ordre soit au moins au prix d’estimation et l’estimation soit au moins 500 Euro par lot. Nous indiquons formellement que nous ne prenons aucune responsabilité au cas où la comunication téléphonique soit interrompue, occupée ou ne pas établie.

IMPORTANT INFORMATION ON TELEPHONE BIDDING If you wish to participate in the auction as a telephone bidder, please let us know several days in advance as we have to approve and schedule all calls. To register for telephone bidding, we require that you submit at least the estimate as a written bid in addition to being called. Telephone bidding is accepted on lot numbers with estimates above 500 Euro. Please call us at +49 (0)541 96 20 233 for more information or to register for telephone bidding. We do not assume liability for telephone bids, should the telephone line be interrupted.

INFORMAZIONI PER LA PARTECIPAZIONE TELEFONICA Se desiderate la partecipazione telefonica in diretta durante l´asta, siete pregati di chiamare la Signorina Sonia Russo al numero diretto +49 (0)541 96 20 245 qualche giorno prima dell´asta e di inviarci la vostra offerta, la quale deve ammontare come minimo al prezzo di stima anche per iscritto. Accettiamo una partecipazione telefonica in diretta durante l´asta per oggetti il cui prezzo di stima ammonta come minimo ai 500 Euro. Non assumeremo nessuna responsabilità se la linea telefonica è occupata o se non siete raggiungibili.

__________________________________________

BESICHTIGUNG Besichtigung des Auktionsgutes in unseren Geschäftsräumen, Gutenbergstr. 23, 49076 Osnabrück, ab dem 13.02.2006, nach vorheriger telefonischer Vereinbarung unter +49 (0) 5 41 96 20 221.

EXPOSITION Les monnaies seront visibles a partir du 13 Fevrier, 2006, Gutenbergstr. 23, 49076 Osnabrück sur rendez-vous téléphonique +49 (0)541 96 20 221.

8

ON VIEW The auction good can be viewed at our office from February 13th, Gutenbergstr. 23, 49076 Osnabrück, by prior appointment. Please call +49 (0)541 96 20 221.

ESPOSIZIONE Tutti i lotti sono visionabili a partire dal 13 Febbraio 2006 presso la nostra sede, Gutenbergstr. 23, 49076 Osnabrück previo appuntamento telefonico +49 (0)541 96 20 221.


-'.6+5%*' /ª0<'0

6001

1,5:1

1,5:1

$4+6#00+#

%14+'.6#78+ Ô 5VCVGT X %JT I 5VKNKUKGTVGT #RQNNQMQRH T 5VKNKUKGTVGU 2HGTF N FCTWPVGT 5QPPG XCP #TUFGNN -PCRRGT 5EJTÌVNKPI UGJT UEJÌP

1,5:1

6002

6003

6002

1,5:1

+%'0+ 'EGP Õ 7PKV I *CNDOQPFOWUVGT 5VKNKUKGTVGU 2HGTF T XCP #TUFGNN 5GJT UEJÌP

#010;/ Ô 4KPIIGNF X %JT I 4KPI OKV QHHGPGP 'PFGP -WRHGT QFGT $TQP\GMGTP OKV FKEMGT )QNFRNCVVKGTWPI X #TUFGNN 6C[NQT $TQP\G #IG IQNFYQTM QH VJG $TKVKUJ +UNGU %CO DTKFIG 2N G 44 8QT\ÒINKEJ

/ÌINKEJGTYGKUG YWTFGP FKGUG 4KPIG CNU 0CUGPTKPIG IGVTCIGP

6004

)#..+#

#010;/ U X %JT &KIGQP ! I 5VKNKUKGTVGT -QRH T N 5VGTP % =+8.+? 6'.'&*+

TGVTQITCF 'NGHCPV UVGJV T CWH UEJNCPIGP·JPNKEJGO 6KGT &GNGUVT¾G 6CEJG &6 &GNGUVT¾G .G %QTTGEVG FG NC .¾IGPFG FW $TQP\G )CWNQKU CWZ 6TKC PQOKPC KP %CJKGTU 0WOKUOCVKSWG $WNN FG NC 5 ' 0 # 5GRVGODGT 5 #DD FKGU 'ZGORNCT 8QP ITQ­GT 5GNVGPJGKV #VVTCMVKXGU 'ZGORNCT UGJT UEJÌPpXQT\ÒINKEJ 'U ICD 0KGFGTNGIWPIGP FKGUGT /ÒP\GP KO *GKNKIVWO XQP &KIGQP YQ UKEJ OÌINKEJGTYGKUG FKG /ÒP\UV·VVG DGHCPF &GT 0COG FGU FQTV CPU·UUKIGP 5VCOOGU KUV PKEJV DGMCPPV &CU *GKNKIVWO YWTFG CNNGTFKPIU YQJN CWEJ XQP FGP $GNNQXCEK WPF #ODKCPK HTGSWGPVKGTV 9CTWO HÒT FGP CWHH·NNKIGP 4GXGTUV[R CWH FKG &GPCTG %CGUCTU %TCYHQTF \WTÒEMIGITKHHGP YWTFG KUV WPMNCT

6005

6007

6006

%#.'6'5 Ô 5VCVGT ,CJTJWPFGTV X %JT I .KPKGPOWUVGT 2HGTF N FCTWPVGT 4QUGVVG &GNGUVTG¾ 6CEJG &6 4 (CUV UGJT UEJÌP

/'&+1/#64+%+ Ô 5VCVGT ,CJTJWPFGTV X %JT I 5VKNKUKGTVGT #RQNNQMQRH T 2GIC UWU T &GNGUVT¾G 6CEJG &6 5EJÌP

&KG <WUEJTGKDWPI CP FKG /GFKQOCVTKEK KUV PKEJV IGUKEJGTV 'U MÌPPVG UKEJ WO FKG 2T·IWPI XGTUEJKGFGPGT 4JGKP IGTOCPGP JCPFGNP

5VCVGT X %JT I $CNMGP N \YGK -WIGNP KP -TGKU 5VKNKUKGTVGU 2HGTF N FCXQT -TGW\ &GNGUVT¾G 6CEJG &6 4 'VYCU MQTTQFKGTV UEJÌP

9


6008

6009

0#/0'6'5 Ô 5VCVGT ,CJTJWPFGTV X %JT I -QRH T XQP -GVVGP WOIGDGP FCXQT : /CPP VT·IV CPFTQMGRJCNGU 2HGTF OKV 4GKVGT T &GNGUVT¾G 6CEJG &6 5GJT UEJÌP

Ô 5VCVGT ,CJTJWPFGTV X %JT I -QRH T XQP -GVVGP WOIGDGP FCXQT : /CPP VT·IV CPFTQ MGRJCNGU 2HGTF OKV 4GKVGT T &GNGUVT¾G 6CEJG &6 5GJT UEJÌP

6011

6010

$'.)+%#

$'..18#%+ 2QVKP X %JT I 5VKNKUKGTVGT -QRH T 'DGT T ÒDGT 2WPMVGP &G NGUVT¾G 6CEJG &6 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

4'/+ Ô 5VCVGT X %JT I 5VKNKUKGTVGU #WIG T 2HGTF N FCTÒDGT 8 FCTWPVGT -TGKU KO 2GTNMTGKU &GNGUVT¾G 6CEJG &6 XGTIN 4 -PCRRGT 5EJTÌVNKPI UGJT UEJÌP HCUV XQT\ÒINKEJ

6012

1,5:1

1,5:1

)'4/#0+#

#010;/ Õ 3WKPCT 6[R 0CWJGKO ,CJTJWPFGTV X %JT I -QRH T KP 6QTSWGU 8QIGN O·PPEJGP N OKV 6QTSWGU KP -TCP\ %CUVGNKP <ÒTKEJ HH &GODUMK 5GJT UEJÌP

1,5:1

6013

1,5:1

$1*'/+#

$1+'4 Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN <YGK N·PINKEJG )GDKNFG XQP <KEM \CEMNKPKG WOIGDGP %CUVGNKP <ÒTKEJ 2CWNUGP 8QT\ÒINKEJ

6014

014+%7/

%121 ! Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I -QRH N OKV VQTSWGUHÌTOKIGO 1JT 4GKVGT N &GODUMK XGTIN )ÌDN 0QTKEWO 6H % -QUVKCN 4 2T·IGUEJY·EJG UGJT UEJÌP

6015

6016

2#0010+#

Õ 6GVTCFTCEJOG 6[R 4GKVGTUVWORH -TQKUDCEJ 'PFG ,CJTJWPFGTV X %JT I -QRH T OKV FTGKHCEJGO 2GTNFKCFGO 4GKVGT CWH IGRWPMVGVGT $QFGPNKPKG N &GODUMK )ÌDN 1UVMGNVGP -QUVKCN (GKPG 6ÌPWPI XQT\ÒINKEJ

Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I $·TVKIGT -QRH T 4GKVGT N OKV <YGKI &GODUMK )ÌDN 1UVMGNVGP -QUVKCN $TGKVGT 5EJTÌVNKPI UGJT UEJÌP

10


6017

6019

6018

Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I $·TVKIGT -QRH T 4GKVGT N OKV <YGKI &GODUMK )ÌDN 1UVMGNVGP -QUVKCN 5GJT UEJÌP

&#%+#

Õ 6GVTCFTCEJOG 6[R &TGKGEMJCNU ,CJTJWPFGTV X %JT I -QRH T OKV .QTDGGTMTCP\ 4GKVGT N OKV .CP\G FCXQT 4CF &GODUMK )ÌDN 1UVMGNVGP -QUVKCN -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

6*4#%+#

Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT 6[NKU ! I $WEMGN <GWU #GVQRJQTQU UKV\V N %CUVGNKP <ÒTKEJ XGTIN &GODUMK -QUVKCN XGTIN 5GJT UEJÌP

)4+'%*+5%*' /ª0<'0

6021

6020

*+52#0+#

'/214+# #U X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 2GICUQU HNKGIV T $WTIQU )TÒPG 2CVKPC 4CPFCWUDTWEJ UGJT UEJÌP

6+6+#-15 #U X %JT I $·TVKIGT -QRH T 4GKVGT T OKV .CP\G $WTIQU )TÒPG 2CVKPC IWVGU UGJT UEJÌP

1,5:1

6022

1,5:1

)#..+#

/#55#.+# Õ 6GVTQDQN X %JT I &TCRKGTVG $ÒUVG FGT #TVGOKU T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT .ÌYG N &GRG[TQV )WVGU UGJT UEJÌP

1,5:1

6023

1,5:1

Õ 1DQN X %JT I #RQNNQMQRH N FCJKPVGT 0 8KGTURGKEJKIGU 4CF FCTKP / # &GRG[TQV 8QT\ÒINKEJ

11


6024 6025

'6474+#

6025

2127.10+# Õ #UUGU PCEJ X %JT I -QRH FGU #RNW N OKV .QTDGGTMTCP\ )NCVV 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK 6JG EQKPCIG QH VJG 4CUPC +++ 4 (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7PUGT 5VÒEM FCU FGP 9GTV GKPGU TÌOKUEJGP &GPCTU JCVVG \GKIV CWH FGT 8QTFGTUGKVG FCU $KNF FGU GVTWUMKUEJGP )QVVGU #RNW FGT FGO ITKGEJKUEJGP #RQNNQP GPVURTCEJ

7/$4+#

67&'4 5GOKU X %JT I 5EJNCHGPFGT *WPF .[TC 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK $TCWPG 2CVKPC YKP\ 'KPJKGD CO 4CPF UGJT UEJÌP

6026

6027

6028

%#/2#0+#

-;/' Õ &KFTCEJOG X %JT I 9GKDNKEJGT -QRH T /WUEJGN FCTÒDGT -QTP 4WVVGT %CORCPKCP %QKPCIGU E FKGU 'ZGORNCT 4WVVGT *KUVQTKC 0WOQTWO 4 'VYCU TCWJGT 5EJTÌVNKPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT 9GDGT %QNN 0T 2N WPF FGT #WMVKQP #TU %NCUUKEC .W\GTP 0T

0'#21.+5 Õ &KFTCEJOG X %JT I 0[ORJGPMQRH T FCJKPVGT #TVGOKU OKV (CEMGNP T #PFTQMGRJCNGT 5VKGT T XQP 0KMG DGMT·P\V FCTWPVGT /QPQITCOO 4WVVGT *KUVQTKC 0WOQTWO 5CODQP 50) #05 50) /ÒPEJGP 5GJT UEJÌP

57'55# #7470%# Õ &KFTCEJOG X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ FC JKPVGT 5EJKNF &KG &KQUMWTGP TGKVGP N 4WVVGT *KUVQTKC 0WOQTWO 5CODQP 4 (GKPG 6ÌPWPI IWVGU UGJT UEJÌP UGJT UEJÌP

6029

<'064#. +6#.+'0

70$'56+//6' /ª0<56 66' 5GZVCPU X %JT I #PMGT \YKUEJGP \YGK 9GTVMWIGNP &TGK\CEM \YKUEJGP \YGK 9GTVMWIGNP 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK 4 )TÒPG 2CVKPC HCUV UGJT UEJÌP

6030 1,5:1

12

%#.#$4+#

1,5:1

6#4'06 Õ &KFTCEJOG X %JT I 6CTCU CWH &GNRJKP N WPVGP /WUEJGN *KRRQECOR N (KUEJGT $QUUGTV 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 8GTDTCWEJVGT #XGTUUVGORGN UGJT UEJÌP


Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT T OKV 5RGGTGP WPF 5EJKNF 6CTCU CWH &GNRJKP T OKV 2HGKN WPF $QIGP (KUEJGT $QUUGTV 4CXGN 8NCUVQ HH 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT T OKV 5RGGTGP WPF 5EJKNF 6CTCU CWH &GNRJKP N OKV -CPVJCTQU WPF 5VGWGTTWFGT (KUEJGT $QUUGTV 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

Õ &KFTCEJOG X %JT I 5CV[TCMQRH N 0CEMVGT 4GKVGT T UGKP 2HGTF DGMT·P\GPF 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO (GKPG 6ÌPWPI UGJT UEJÌP

1,5:1

6034

1,5:1

Ô 5VCVGT WO X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T 6CTCU KP $KIC T (KUEJGT $QUUGTV ) 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 4 5GJT UEJÌP

6036

6035

6033

6032

6031

Õ &KFTCEJOG X %JT I 4GKVGT T OKV 5RGGTGP WPF 5EJKNF WPVGP \YGK #ORJQTGP 6CTCU OKV -CPVJCTQU WPF &TGK\CEM CWH &GNRJKP N 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO *GTTNKEJG 2CVKPC OKP MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT T UGKP 2HGTF DGMT·P\GPF 6CTCU CWH &GNRJKP N OKV &TGK\CEM WPF 4J[VQP FCJKPVGT JTG 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

&KGUG NGKEJVGP 5VÒEMG CWU FGT <GKV FGU $ÒPFPKUUGU OKV 4QO YWTFGP KP LGPGT <GKV CNU ιταλικοj νomoj DG\GKEJPGV

6039 6038

6037

.7%#0+#

*'4#-.'+# Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 5E[NNC CNU *GNO\KGT N - *GTCMNGU UVGJV X X OKV -GWNG .ÌYGPHGNN WPF $QIGP 4WVVGT *KUVQTKC 0WOQTWO 9QTM (GKPG 2CVKPC IWVGU UGJT UEJÌP

Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 5E[NNC CNU *GNO\KGT N ' *GTCMNGU UVGJV X X OKV -GWNG WPF .ÌYGPHGNN N 'WNG 4WVVGT *KUVQTKC 0WOQTWO 9QTM XGTIN #XGTU UVGORGNINGKEJ /KP MQTTQFKGTV IWVGU UGJT UEJÌP

Õ &TCEJOG X %JT I #VJGPCMQRH HCUV X X OKV CVVKUEJGO *GNO 'WNG UVGJV X X CWH 1NKXGP\YGKI T -GWNG 4WVVGT *KUVQTKC 0WOQTWO (GKPGT 5VKN UGJT UEJÌP

&CU 5VÒEM YWTFG IGRT·IV CNU 2[TTJWU XQP 'RKTWU KP 5ÒFKVCNKGP QRGTKGTVG WPF FKG DGTÒJOVG 5EJNCEJV DGK *GTCENGC

X %JT IGUEJNCIGP JCVVG $GTGKVU KP FKGUGT 5EJNCEJV UGV\VG 2[TTJWU -TKGIUGNGHCPVGP CWH KVCNKUEJGO $QFGP GKP UKG YWTFGP CNNGTFKPIU \WT )GHCJT UGKPGT GKIGPGP 6TWRRGP FC GKP XGTYWPFGVGU 6KGT FKG CPFGTGP KP 2CPKM XGTUGV\VG

13


6040

/'6#2106 Õ 5VCVGT X %JT I JTG JTG KPEWU 0QÀ 4WVVGT *KUVQTKC 0W OQTWO 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6041

6042

1DQN X %JT I &GOGVGTMQRH T JTG N OBOLOS T /QJPMWIGN ,QJPUVQP $TQP\G %QKPCIG QH /GVCRQPVWO 4WVVGT *KUVQTKC 0WOQTWO 4 &WPMNG 2CVKPC UGJT UEJÌP

&CU 5VÒEM VT·IV GKPG XQNN CWUIGUEJTKGDGPG 9GTVCPICDG &KGU KUV CW­GTQTFGPVNKEJ UGNVGP

Õ &KFTCEJOG X %JT I &GOGVGTMQRH N JTG N <CPIG 4WVVGT *KUVQTKC 0WOQTWO 50) #05 HH 50) /ÒPEJGP -TCV\GT UGJT UEJÌP

1,5:1

1,5:1

Õ &KFTCEJOG X %JT I &GOGVGTMQRH T JTG T 0KMG 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

1,5:1

6043

6044 1,5:1

Õ &KFTCEJOG X %JT I &GOGVGTMQRH N JTG T *CJP PWT VGKNYGKUG UKEJVDCT 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP (CUV XQT\ÒINKEJ

6045

5+4+015 2;:175 Õ 5VCVGT X %JT I 5VKGT UVGJV N \WTÒEMDNKEMGPF +PEWU /CP IKGTK 6[R & 4WVVGT *KUVQTKC 0WOQTWO 44 .GKEJV MQTTQFKGTV UGJT UEJÌP 9CJTUEJGKPNKEJ GPVUVCPF FCU 5VÒEM KP GKPGT UQPUV PKEJV DGNGIVGP 5VCFV 2[ZQWU PKEJV KFGPVKUEJ OKV FGO UR·VGTGP $WZGPVWO FKG XQP 5KTKU ++ CDJ·PIKI YCT

14


6046

5;$#4+5 Õ 5VCVGT X %JT I 5VKGT N -QRH \WTÒEMIGYCPFV +PEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC )GO·­ FGT UEJTKHVNKEJGP ªDGTNKGHGTWPI YWTFG 5[DCTKU CNU ·NVGUVG ITKGEJKUEJG 2HNCP\UVCFV X %JT IGITÒPFGV 8QP FGT JQJGP $NÒVG \W YGNEJGT FKGUG 5VCCVGP /GVCRQPV WPF 5[DCTKU KP WPINCWDNKEJ MWT\GT <GKV IGFKGJGP \GWIGP CO NGDGPFKIUVGP FKG GKP\KIGP CWH WPU IGMQOOGPGP -WPUVYGTMG FKGUGT KVCNKUEJGP #EJ·GT KJTG /ÒP\GP XQP UVTGPIGT CNVGTVÒONKEJ UEJÌPGT #TDGKV ÒDGTJCWRV FKG HTÒJGUVGP &GPMO·NGT XQP -WPUV WPF 5EJTKHV KP +VCNKGP FGTGP 2T·IWPI GTYGKUNKEJ KO , F 5V 4QO X %JT DGTGKVU DGIQPPGP JCVVG &KGUG /ÒP\GP \GKIGP FC­ FKG #EJ·GT FGU 9GUVGPU PKEJV DNQ­ VGKNPCJOGP CP FGT GDGP WO FKGUG <GKV KO /WVVGTNCPFG JGTTNKEJ UKEJ GPVYKEMGNPFGP $KNFPGTMWPUV UQPFGTP KP FGT 6GEJPKM FGOUGNDGP YQJN ICT ÒDGTNGIGP YCTGP FGPP UVCVV FGT FKEMGP QHV PWT GKPUGKVKI IGRT·IVGP WPF TGIGNO·­KI UEJTKHVNQUGP 5KNDGTUVÒEMG YGNEJG WO FKGUG <GKV KP FGO GKIGPVNKEJGP )TKGEJGPNCPF YKG DGK FGP KVCNKUEJGP &QTGTP ÒDNKEJ YCTGP UEJNWIGP FKG KVCNKUEJGP #EJ·GT OKV ITQ­GT WPF UGNDUV·PFKIGT )GUEJKEMNKEJMGKV CWU \YGK INGKEJCTVKIGP VGKNU GTJCDGP WPF VGKNU XGTVKGHV IGUEJPKVVGPGP 5VGORGNP ITQ­G FÒPPG UVGVU OKV #WHUEJTKHV XGTUGJGPG 5KNDGTOÒP\GP FGTGP UQTIH·NVKI XQT FGT (CNUEJOÒP\GTGK LGPGT <GKV 2NCVVKGTWPI IGTKPIGP /CVGTKCNU OKV FÒPPGP 5KNDGTDN·VVGTP UKEJ UEJÒV\GPFG 2T·IYGKUG FGP YQJNIGQTFPGVGP -WNVWTUVCCV XGTT·V /QOOUGP 4ÌO )GUEJ + 5

6048

1,5:1

6047

1,5:1

6047

Õ 5VCVGT X %JT I 5VKGT N -QRH \WTÒEMIGYCPFV +PEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP .GKEJVGT &QRRGNUEJNCI CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

Õ &TCEJOG X %JT I 5VKGT UVGJV N \WTÒEMDNKEMGPF +PEWU 4WVVGT *KUVQTKC 0W OQTWO 50) #05 50) /ÒPEJGP 5GJT UEJÌP

6049

6050

6051

6052

6*74+1+ Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 5E[NNC CNU *GNO\KGT 5VKGT UVÌ­V T KO #DUEJPKVV 6JWPHKUEJ 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP XGTIN (CUV UGJT UEJÌP

Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO UVGKPUEJNGWFGTPFG 5E[NNC CNU *GNO\KGT 5VKGT UVÌ­V T KO #DUEJPKVV (KUEJ T 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

8'.+# *;'.' Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO )TGKH CNU *GNO\KGT .ÌYG T 4WVVGT *KUVQTKC 0WOQTWO XGTIN 9KNNKCOU 5WDCGTCV ! MN 5EJTÌVNKPIUHGJNGT HCUV UGJT UEJÌP

Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO )TGKH CNU *GNO\KGT .ÌYG T FCTÒDGT &GNRJKP 4WVVGT *KUVQTKC 0WOQTWO 9KNNKCOU (GKPG 2CVKPC UGJT UEJÌP HCUV UGJT UEJÌP

15


6054

6053

Õ &KFTCEJOG WO X %JT I #VJGPCMQRH N OKV CVVKUEJGO *GNO )TGKH CNU *GNO\KGT .ÌYG T FCTÒDGT -GT[MGKQP 4WVVGT *KUVQTKC 0WOQTWO 9KNNKCOU (GKPG 2CVKPC MN -TCV\GT CWH FGO #XGTU HCUV UGJT UEJÌP

$4766+7/

270+'4 706'4 *#00+$#. Õ 5EJGMGN X %JT -CTVJCIQ ! I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF T FCTÒDGT 5VGTP FCTWPVGT RWPKUEJGT $WEJUVCDG 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

&KGUG /ÒP\GP YWTFG KP -CTVJCIQ IGRT·IV WPF IGNCPIVGP ÒDGT FKG *·HGP $TWVVKWOU \W FGP 6TWRRGP KP +VCNKGP

6055

6055

1,5:1

-#7.10+# Õ 5VCVGT X %JT I #RQNNQ UVGJV T OKV <YGKI WPF &CKOQP FCXQT UVGJV *KTUEJ T -QRH \WTÒEMIGYCPFV +PEWU #RQNNQ UVGJV N OKV <YGKI WPF &CKOQP FCXQT UVGJV *KTUEJ N -QRH \WTÒEMIGYCPFV 0QÀ 4WVVGT *KUVQTKC 0WOQTWO #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC -CWNQPKC YCT GKPG -QNQPKG FGT #EJCKGT #P FKG -QNQPKGITÒPFWPI GTKPPGTV CWEJ FKG &CTUVGNNWPI FGU FGNRJKUEJGP #RQNNQ FGT GKPGP .QTDGGT\YGKI VT·IV WO FCOKV UGKP *GKNKIVWO \W TGKPKIGP UQYKG GKPGP &CKOQP WO UGKPG #PMWPHV \W XGTMÒPFGP 8QT FGT )TÒPFWPI GKPGT -QNQPKG YWTFG FCU 1TCMGN XQP &GNRJK CPIGTWHGP WO GKPGP -QNQPKGITÒPFGT

1KMKUVGU WPF FKG IGQITCRJKUEJG .CIG FGT PGWGP 5KGFNWPI \W DGUVKOOGP )CTTWEEK OGKPVG .C /QPGVG FGNN +VCNKC #PVKEC 6GKN ++ 5 FGT #XGTUUVGORGN WPUGTGU 5VÒEMGU UGK OKV +-'6'5+ UKIPKGTV &KGU KUV DKUNCPI LGFQEJ PKEJV DGNGIV

6056

Õ 5VCVGT X %JT I #RQNNQ UVGJV T OKV <YGKI WPF &CKOQP FCXQT UVGJV *KTUEJ T \W TÒEMDNKEMGPF *KTUEJ UVGJV T FCXQT <YGKI 0QÀ 4WVVGT *KUVQTKC 0WOQTWO 4ÒEMUGKVG NGKEJV MQTTQFKGTV UGJT UEJÌP

-41610 Õ &KFTCEJOG X %JT I #FNGT N CWH $CUKU &TGKHW­ N )GTUVGPMQTP 4WVVGT *KUVQTKC 0WOQTWO XGTIN 50) #05 50) /ÒPEJGP #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI UGJT UEJÌP XQT\ÒINKEJ

1,5:1

16

6057

6058 1,5:1

Õ &KFTCEJOG X %JT I #FNGT UVGJV T &TGKHW­ N $NCVV 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP #XGTU OKP MQTTQFKGTV UGJT UEJÌPGU 'ZGORNCT


6060 6059

1,5:1

1,5:1

Õ &KFTCEJOG X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ *GTCMNGU CNU -KPF HCUV X X -QRH N M·ORHV OKV 5EJNCPIGP 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP 5EJÌPG 6ÌPWPI OKP -QTTQUKQPUUVGNNGP MN 2TÒHURWT CO 4CPF UGJT UEJÌP

*GTCMNGU FGT FKG 5EJNCPIGP DGUKGIV GTUEJGKPV CWH FGO 4GXGTU FKGUGT WPF FGT HQNIGPFGP /ÒP\G CNU 5[ODQN HÒT FGP 5KGI FGT )TKGEJGP ÒDGT FKG $CTDCTGP &KG )TKGEJGP KP 7PVGTKVCNKGP UCJGP UKEJ KO ,CJTJWPFGTV X %JT GKPGT \WPGJOGPFGP $GFTQJWPI FWTEJ FKG GKPJGKOKUEJGP 8ÌNMGT CWUIGUGV\V

Õ 6TKQDQN X %JT I 9GKDNKEJGT -QRH T FCJKPVGT 1NKXGP\YGKI *GTCMNGU CNU -KPF HCUV X X -QRH N M·ORHV OKV 5EJNCPIGP 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP 4 /KP MQTTQFKGTV UGJT UEJÌP

6061

Õ &KFTCEJOG X %JT I -QRH FGT *GTC .CMKPKC X X OKV 5VGRJCPG T $ *GTCMNGU UKV\V N CWH .ÌYGPHGNN OKV -CPVJCTQU WPVGP -GWNG WPF $QIGP 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP 44 (GKPG 2CVKPC HCUV UGJT UEJÌP

6063 1,5:1

.1-41+ '2+<'2*;4+1+ Õ 5VCVGT X %JT I <GWUMQRH N OKV .QTDGGTMTCP\ #FNGT N CWH *CUGP N $NKV\ 4WVVGT *KUVQTKC 0WOQTWO 50) #05 XGTIN 50) /ÒPEJGP 4 #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

6064

6062

Õ &KFTCEJOG X %JT I -QRH FGT *GTC .CMKPKC X X OKV 5VGRJCPG *GTCMNGU UKV\V N CWH .ÌYGPHGNN OKV -CPVJCTQU WPVGP -GWNG WPF $QIGP N &TGKHW­ 4WVVGT *KUVQTKC 0WOQTWO 50) #05 8U UVGORGNINGKEJ 50) /ÒPEJGP 44 -N 5VGORGNDTWEJ CWH FGO #XGTU HCUV UGJT UEJÌP UGJT UEJÌP

1,5:1

6065

Õ 5VCVGT X %JT I 2GICUWU N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO %CNEKCVK 2GICUK 4WVVGT *KUVQTKC 0WOQTWO XGTIN 5GJT UEJÌPpXQT\ÒINKEJ

.QMTKU YWTFG KO HTÒJGP ,CJTJWPFGTV X %JT XQP .QMTGTP CWU )TKGEJGPNCPF IGITÒPFGV OÌINKEJGTYGKUG OKV *KNHG XQP 5[TCMWU .QMTKU DNKGD 5[TCMWU LGFGPHCNNU RQNKVKUEJ UVGVU GPI XGTDWPFGP WPF RHNGIVG CWEJ YKEJVKIG *CPFGNUDG\KGJWPIGP OKV 5K\KNKGP &KGU HÒJTVG CWEJ \WT #WURT·IWPI FGT 2GICUK CNU FKGUG KP 5K\KNKGP KO <WIG FGT MQTKPVJKUEJGP 7PVGTUVÒV\WPI XQP 5[TCMWU FWTEJ 6KOQNGQP FQTV GKPIGHÒJTV YWTFGP

4*')+10 #PCZKNCU X %JT Õ &TCEJOG X %JT I .ÌYGPMQRH X X -CNDUMQRH N 4WVVGT *KUVQTKC 0WOQTWO 44 8QTFGTUGKVG NGKEJV FG\GPVTKGTV GVYCU TCWJGT 5EJTÌVNKPI UGJT UEJÌP

&KGUGU 5VÒEM CWU FGO WPVGTKVCNKUEJGP 4JGIKQP \GKIV FKG HTQPVCNG &CTUVGNNWPI GKPGU .ÌYGPMQRHGU FGT CWH FKG ITKGEJKUEJG +PUGN 5COQU XGTYGKUV

17


6066

1,5:1

6067

1,5:1

6067

5VCFV Õ *GOKFTCEJOG X %JT I .ÌYGPOCUMG X X 1NKXGP\YGKI *GT\HGNFGT + 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

6'4+0# Õ 5VCVGT X %JT I 0[ORJGPMQRH N XQP 1NKXGP\YGKI WOIGDGP 0KMG UKV\V N OKV -TCP\ WPF -GT[MGKQP *QNNQYC[ ,GPMKPU 4WVVGT *KUVQTKC 0WOQTWO /KP MQTTQFKGTV UGJT UEJÌP

6069

6068

5+%+.+#

#);4+10 U X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO $QIGP ÒDGT -ÌEJGT %CNEKCVK 44 ªDGTRT·IWPIUURWTGP ITÒPG 2CVKPC UGJT UEJÌP

#+60#+ U X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 2HGTF URTKPIV T FCTÒDGT / %CNEKCVK 50) #05 #RRGPFKZ 50) /ÒPEJGP &WPMNG 2CVKPC UGJT UEJÌP

6070

6072

6071

#-4#)#5 Õ &KFTCEJOG X %JT I #FNGT UVGJV N -TGDU 50) #05 50) /ÒPEJGP 5GJT UEJÌP

#MTCICU YCT GKPG FQTKUEJG )TÒPFWPI 8QP $GIKPP CP RT·IVG FKG 5VCFV YKG FKG OGKUVGP ITKGEJKUEJGP 5V·FVG 5K\KNKGPU KO GWDÌKUEJ CVVKUEJGP (W­ &GT #FNGT KUV FGT JGKNKIG 8QIGN FGU <GWU FGT -TGDU U[ODQNKUKGTV FGP PCOGPIGDGPFGP (NW­IQVV #MTCICU

Õ &KFTCEJOG X %JT I #FNGT UVGJV N -TGDU 50) #05 HH 50) /ÒPEJGP HH (CUV XQT\ÒINKEJ

Õ &KFTCEJOG X %JT I #FNGT UVGJV N -TGDU FCTWPVGT #FNGT ,GPMKPU )GNC 2N 50) #05 50) /ÒPEJGP 4 5GJT UEJÌP

6074

6073

1,5:1

1,5:1 6073

)'.# Õ 6GVTCFTCEJOG X %JT I $KIC N 0KMG DGMT·P\V .GPMGT #PFTQMGRJCNG 5VKGTRTQVQOG N ,GPMKPU 8QTFGTUGKVG XQP XGTDTCWEJVGO 5VGORGN UGJT UEJÌP

*+/'4# Õ 1DQN X %JT I $·TVKIGT -QRH T *GNO T 50) #05 50) /ÒPEJGP 4 5GJT UEJÌP

18


6075

-#/#4+0# Õ 6GVTCFTCEJOG X %JT I #VJGPC KP 3WCFTKIC N XQP 0KMG DGMT·P\V KO #DUEJPKVV 5EJYCP *GTCMNGUMQRH KO .ÌYGPHGNN N 50) #05 XGTIN 50) /ÒPEJGP XGTIN 9GUVGTOCTM ,GPMKPU 4 4GXGTU CO 4CPF NGKEJV RQNKGTV MN -QTTQUKQPUUVGNNGP UGJT UEJÌP

6076

6077 1,5:1

.'106+01+ Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG .Ì YGPMQRH T XQP XKGT )GTUVGPMÌTPGTP WOIGDGP 4K\\Q 6CX ::++ UVGORGNINGKEJ /KP MQTTQFKGTV IWVGU UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I #RQNNQMQRH N .ÌYGPMQRH N XQP FTGK )GTUVGPMÌTPGTP WPF GKPGO $NCVV WOIGDGP 4K\\Q 6CX ::+++ #XGTU UVGORGNINGKEJ 4 )WVGU UGJT UEJÌP

6078

1,5:1

1,5:1

/'55#0# <CPMNG Õ .KVTC X %JT I &GNRJKP N KP UKEJGNHÌTOKIGO *CHGPDGEMGP -COOWUEJGN KO /KVVGNHGNF GKPGU PGWPVGKNKIGP +PEWUWOU )KGNQY XGTIN 50) #05 XGTIN HH 44 #VVTCMVKXGU CWH DTGKVGO 5EJTÌVNKPI IWV \GPVTKGTV CWUIGRT·IVGU 'ZGORNCT UGJT UEJÌP

&CPMNG <CPMNG JGK­V 5KEJGN WPF FCOKV KUV FKG (QTO FGU *CHGPU IGOGKPV &KG 8QTFGTUGKVGPFCTUVGNNWPI FTÒEMV FKGU VTGHHGPF CWU <WGTUV YCT FKG 5VCFV GKPG 5KMGNGT 5KGFNWPI &CPP YWTFG XQP -[OG WPF %JCNMKU GKPG ITKGEJKUEJG -QNQPKG WPVGT $GKDGJCNVWPI FGU 0COGPU IGITÒPFGV #NU FKG 5COKGT PCEJ FGT 'TQDGTWPI KJTGT *GKOCV KP -NGKPCUKGP FWTEJ FKG 2GTUGT X %JT VGKNYGKUG PCEJ 7PVGTKVCNKGP MCOGP YWTFGP UKG XQP #PCZKNCU XQP 4JGIKQP \WO ªDGTHCNN XQP <CPMNG ÒDGTTGFGV

6079

6080

Õ 6GVTCFTCEJOG X %JT I /CWNVKGTDKIC N 0KMG DGMT·P\V .GPMGT KO #DUEJPKVV \YGK &GNRJKPG *CUG T FCTWPVGT 2CPMQRH T WPF 5[TKPZ %CNVCDKCPQ & 4 (CUV XQT\ÒINKEJGU 'ZGORNCT OKV 2CVKPC

#PCZKNCU FGT 6[TCPP XQP 4JGIKQP ÒDGTTGFGVG UCOKUEJG (NÒEJVNKPIG FCU CWH FGT CPFGTGP 5GKVG FGT /GGTGPIG IGNGIGPG <CPMNG \W GTQDGTP WO FKG -QPVTQNNG ÒDGT FGP 5EJKHHUXGTMGJT DGK 4JGIKQP \W GTJCNVGP 0CEJFGO KJPGP FKGU X %JT IGNWPIGP YCT XGTDÒPFGVGP UKG UKEJ LGFQEJ OKV GKPGO CPFGTGP 6[TCPPGP OKV *KRRQMTCVGU XQP )GNC &GT DGVTQIGPG #PCZKNCU ÒDGTY·NVKIVG X %JT <CPMNG WPF UKGFGNVG )TKGEJGP CWU /GUUCPC CP PCEJ FGPGP GT FKG 5VCFV DGPCPPVG

Õ 6GVTCFTCEJOG X %JT I /CWNVKGTDKIC N 0KMG DGMT·P\V .GPMGT *CUG T FCTWPVGT *KRRQECOR N %CNVCDKCPQ 'VYCU MQTTQFKGTV UGJT UEJÌP HCUV UGJT UEJÌP

19


6081

6083

6082

6082

5'.+075 Õ &KFTCEJOG WO X %JT I 'RRKEJDNCVV 8KGNHCEJ IGVGKNVGU +PEWUWO 50) #05 XGTIN )WVGU UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I #RQNNQ WPF #TVGOKU KP 3WCFTKIC N #RQNNQ OKV IGURCPPVGO $QIGP WPF CWHIGNGIVGO 2HGKN 0CEMVGT (NW­IQVV OKV <YGKI UVGJV N WPF QRHGTV ÒDGT #NVCT FCXQT *CJP N FCJKPVGT 'RRKEJDNCVV ÒDGT 5VKGT N CWH 2QFGUV 5EJYCDCEJGT 50) #05 XGTIN HH 4 -N -TCV\GT UGJT UEJÌP

#WH FKGUGT /ÒP\G XQP 5GNKPWPV GTUEJGKPGP #RQNNQP WPF #TVGOKU KP GKPGO 8KGTIGURCPP #RQNNQP CNU $QIGPUEJÒV\G WPF #TVGOKU CNU 9CIGPNGPMGT $GKFG UKPF 5EJWV\IQVVJGKVGP XQP /GICTC FGT /WVVGTUVCFV XQP 5GNKPWPV +P FKGUGT (WPMVKQP VTGVGP UKG CWEJ KP FGT -QNQPKG CWH

Õ &KFTCEJOG X %JT I *GTCMNGU T KO -CORH OKV FGO MTGVKUEJGP 5VKGT 0CEMVGT (NW­IQVV OKV <YGKI UVGJV N WPF QRHGTV ÒDGT #NVCT FCJKPVGT 'RRKEJDNCVV ÒDGT -TCPKEJ 50) #05 50) /ÒPEJGP 4 #XGTU OKP MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6084

1,5:1

1,5:1

5;4#-75 Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 9KPFOÒJNGPHNÒIGNCTVKIGU +PEWUWO KO <GPVTWO KP XGTVKGHVGO 4WPF #TGVJWUCMQRH N $QGJTKPIGT 8 4 44 5VGORGNMQODKPCVKQP YQJN WPGFKGTV *GTXQTTCIGPFGT CTEJCKUEJGT 5VKN 2T·EJVKIGT #TGVJWUCMQRH IWVGU UGJT UEJÌP $GTGKVU CWH FGP HTÒJGUVGP U[TCMWUCPKUEJGP /ÒP\GP HKPFGV UKEJ FCU /QVKX FGU 9CIGPNGPMGTU KP GKPGT 3WCFTKIC &KGUGU /QVKX YWTFG UQ DGNKGDV FC­ GU KP FGT (QNIG\GKV XQP XKGNGP CPFGTGP 2T·IGUV·VVGP KP KJT /ÒP\RTQITCOO CWHIGPQOOGP YWTFG #PNKGIGP FGT JGTTUEJGPFGP 6[TCPPGP YCT GU KJT +PVGTGUUG HÒT FGP 2HGTFGURQTV \W RT·UGPVKGTGP &KG /ÒP\GP NKGHGTVGP CW­GTFGO GKPGP *KPYGKU CWH KJTG 6GKNPCJOG CP FGP 5RKGNGP KP &GNRJK WPF 1N[ORKC #WH FGT 4ÒEMUGKVG FKGUGT JGTXQTTCIGPF GTJCNVGPGP 6GVTCFTCEJOG YKTF FWTEJ FCU MNGKPG /GFCKNNQP OKV FGO -QRH FGT #TGVJWUC GKPG NQMCNG 3WGNNIÌVVKP JGTXQTIGJQDGP &KGUG 3WGNNG DGHKPFGV UKEJ CWH FGT +PUGN 1TVJ[IKC WPF GTIKG­V UKEJ FKTGMV KPU /GGT &CU XQTNKGIGPFG 5VÒEM KUV DGFGWVGPF HÒT FKG /ÒP\IGUEJKEJVG XQP 5[TCMWU YGKN GU FGP ªDGTICPI XQP FGT DKNFNQUGP 4ÒEMUGKVG OKV FGO 3WCFTCVWO KPEWUWO \WT DKNFNKEJGP &CTUVGNNWPI FGT #TGVJWUC DKNFGV

6085

6086

6085

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT T #TGVJWUCMQRH T XQP FTGK &GNRJKPGP WOIG DGP $QGJTKPIGT 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT FKG 4U FKGUGU 5VÒEMGU CDIGDKNFGV #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

20


6087

6088

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV UEJÌPGT 6ÌPWPI

6089

6090

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT (CUV UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

6092

6091

6093

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT *GTTNKEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT #O 4CPF NGKEJV MQTTQFKGTV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

6095

1,5:1

6094

1,5:1

6095

U X %JT 5VGORGN XQP 2JT[IKNNQU I #TGVJWUCMQRH N FCJKPVGT &GNRJKP 4CF KP FGP 9KPMGNP 'VJPKMQP WPF \YGK &GNRJKPG %CNEKCVK 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 5EJYCT\G 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

*GOKNKVTC PCEJ X %JT I #TGVJWUCMQRH N FCJKPVGT .QTDGGT\YGKI &GNRJKP T FCTWPVGT /WUEJGN %CNEKCVK &WPMNG 2CVKPC XQT\ÒINKEJ

21


1,5:1

6096

1,5:1

&KQP[UKQU + X %JT Ô .KVTGP PCEJ X %JT UKIPKGTV XQP 'WCKPGVQU I -QRH FGU (NW­IQVVGU #PCRQU N 2HGTF T FCTWPVGT 'VJPKMQP CWH .GKUVG 50) #05 50) /ÒPEJGP 4 #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

&GT XQO /GKUVGTITCXGWT 'WCKPGVQU IGUEJCHHGPG -QRH FGU #PCRQU CWH FGO #XGTU DG\KGJV UKEJ CWH FGP NGV\VGP ITQ­GP 5KGI FGU &KQP[UKQU ÒDGT FKG -CTVJCIGT CO #PCRQU KO ,CJT X %JT

6097

6098

#ICVJQMNGU X %JT Õ 5VCVGT X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO )TGKH CNU *GNO\KGT N 2CNNCFKWO 2GICUWU HNKGIV N FCTÒDGT 6TKUMGNKU WPVGP JTG %CNEKCVK 2GICUK 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I #TGVJWUCMQRH N XQP FTGK &GNRJKPGP WOIGDGP 3WCFTKIC N QDGP 6TKUMGNKU +GTCTFK 50) #05 UVGORGNINGKEJ 50) /ÒPEJGP XGTIN -N 4CPFHGJNGT UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

1,5:1

6099

1,5:1

'N .KVTGP X %JT I #RQNNQMQRH N FCJKPVGT $WETCPKWO &TGKHW­ ,GPMKPU KP 'UUC[U 4QDKPUQP 1 5GJT UEJÌP

6101

6100

Õ 6GVTCFTCEJOG X %JT I 2GTUGRJQPGMQRH T 0KMG T GTTKEJVGV 6TQRJ·G WPVGP N 6TKUMGNKU +GTCTFK 50) #05 50) /ÒPEJGP (NCWGT #XGTUUVGORGN UGJT UEJÌP

U I #TVGOKUMQRH T ÒDGT FGT 5EJWNVGT -ÌEJGT )GHNÒIGNVGT $NKV\ %CNEKCVK $TCWPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

6102

1,5:1

22

1,5:1

*KGTQP ++ X %JT HÒT 2JKNKUVKU Õ .KVTGP I 8GTUEJNGKGTVGT -QRH N FCJKPVGT (CEMGN 0KMG KP 3WCFTKIC T WPVGP ' $WTPGVV 'PPC JQCTF KP 504 UVGORGNINGKEJ 50) #05 50) /ÒPEJGP -N 2T·IGUEJY·EJG UQPUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC


6103 1,5:1

1,5:1

4GRWDNKM X %JT Õ .KVTGP I #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO )GHNÒIGNVGT $NKV\ $WTPGVV 'PPC JQCTF KP 504 2N & 50) #05 50) /ÒPEJGP 5GJT UEJÌPpXQT\ÒINKEJ

6104

6105

270+'4 Õ 6GVTCFTCEJOG X %JT .CIGTOÒP\UV·VVG I #TGVJWUCMQRH N 2HGTF UVGJV N FCJKPVGT 2CNOG ,GPMKPU +++ &WPMNG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT 4CUEJ /GNSCTV -GRJCNQKFKQP! I 3WCFTKIC T 0KMG DGMT·P\V .GPMGT 9GKDNKEJGT -QRH T XQP XKGT &GNRJKPGP WOIGDGP ,GPMKPU + 2N -N -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

4CUEJ /GNSCTV *CWRV FGU *GTCMNGU IKNV HÒT IGYÌJPNKEJ CNU RWPKUEJG $G\GKEJPWPI GKPGT 5VCFV CWH 5K\KNKGP

OÌINKEJGTYGKUG -GRJCNQKFKQP .GQ /KNFGPDGTI \YGKHGNVG FKGU CP WPF JKGNV 4CUEJ /GNSCTV HÒT FGP 0COGP GKPGT MCTVJCIKUEJGP +PUVKVWVKQP OÌINKEJGTYGKUG GKPGT /KNKV·TGKPJGKV UKGJG /KNFGPDGTI 45/.346 KP 2TKEG $WTPGVV $NCPF 'UUC[U KP JQPQWT QH 4QDGTV %CTUQP CPF -GPPGVJ ,GPMKPU .QPFQP 5 H

6107

6106

Õ 6GVTCFTCEJOG X %JT .CIGTOÒP\UV·VVG I #TGVJWUCMQRH N XQP XKGT &GNRJKPGP WOIGDGP 2HGTFGMQRH N FCJKPVGT 2CNOG ,GPMKPU +++ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT .CIGTOÒP\UV·VVG I #TGVJWUCMQRH N XQP XKGT &GNRJKPGP WOIGDGP 2HGTFGMQRH N FCJKPVGT 2CNOG ,GPMKPU +++ )WVGU UGJT UEJÌP

6108 1,5:1

1,5:1

Õ 6GVTCFTCEJOG WO X %JT .CIGTOÒP\UV·VVG I *GTCMNGUMQRH T KO .ÌYGPHGNN 2HGTFG MQRH N FCJKPVGT 2CNOG ,GPMKPU +8 (GKPG 6ÌPWPI OKP MQTTQFKGTV UGJT CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT &GT 2HGTFGMQRH IGJÌTV \WT )TÒPFWPIUUCIG XQP -CTVJCIQ UQ UEJTGKDV 8GTIKN &QTV \WGTUV XQP 9GNNGP WPF 9KPF CPU 7HGT IGYQTHGP ITWDGP GKP <GKEJGP FKG 2WPKGT CWU &KG *GTTUEJGTKP ,WPQ \GKIVG GU CP GKPGU 5VTGKVTQUUGU *CWRV UQ YGTFG FGPP -TKGIUTWJO \KGTGP FCU 8QNM LCJTJWPFGTVGNCPI WPF (ÒNNG FGU .GDGPU

23


6110

6109

Õ 6GVTCFTCEJOG WO X %JT /*5$/ 3W·UVQTGP /ÒP\UV·VVG I *GTCMNGUMQRH T KO .ÌYGPHGNN 2HGTFGMQRH N FCXQT -GT[MGKQP FCJKPVGT 2CNOG ,GPMKPU +8 $TGKVGT (NCP CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

Õ 6GVTCFTCEJOG WO X %JT /*5$/ 3W·UVQTGP /ÒP\UV·VVG I *GTCMNGUMQRH T KO .ÌYGPHGNN 2HGTFGMQRH N FCJKPVGT 2CNOG ,GPMKPU +8 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6111

6112

.+2#4# *GOKNKVTC X %JT I *GRJCKUVQU UKV\V T OKV *COOGT WPF -CPVJCTQU 5GEJU 9GTVMWIGNP %CNEKCVK &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

*GRJCKUVQU FGT IÌVVNKEJG 5EJOKGF YCT CWEJ HÒT 8WNMCPG \WUV·PFKI

/1'5+#

+56415 Õ &TCEJOG ,CJTJWPFGTV X %JT I <YGK -ÌRHG X X IGIGPGKPCPFGT XGTUGV\V 5GGCFNGT CWH &GNRJKP N WPVGP # #/0) -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

&KG DGKFGP -ÌRHG CWH FGO #XGTU UKPF WPVGTUEJKGFNKEJ IGFGWVGV YQTFGP CNU -ÌRHG FGT &KQUMWTGP CNU 5QPPGPCWHICPI WPF 5QPPGPWPVGTICPI QFGT CNU RGTUQPKHK\KGTVGT 9KPF *KPF +UVTKCP HCEGU CPF VJG TKXGT &CPWDG KP 0% 5 H FGWVGV FKG DGKFGP -ÌRHG CNU GKPG &CTUVGNNWPI FGU (NWUUIQVVGU +UVTQU FC KP FGT #PVKMG VGKNYGKUG XQP \YGK /ÒPFWPIGP FGU +UVTQU P·ONKEJ KPU 5EJYCT\G /GGT WPF KP FKG #FTKCVKUEJG 5GG CWUIGICPIGP YWTFG

1,5:1

6113 1,5:1

5%;6*+#

-QUQP EC X %JT Ô 5VCVGT X %JT 1NDKC I /CIKUVTCV UEJTGKVGV N \YKUEJGP \YGK .KMVQTGP FCXQT /QPQITCOO #FNGT N OKV -TCP\ WPF <GRVGT 42% # 8QT\ÒINKEJGU 2TCEJVGZGORNCT

&KGUG KPVGTGUUCPVG )QNFOÒP\G KUV UGKV DGMCPPV CNU 'TCUOWU XQP 4QVVGTFCO UKG \W GTMN·TGP XGTUWEJVG 'U H·NNV UQHQTV CWH FC­ FKGUGT /ÒP\V[R TÌOKUEJG &GPCTG FGT UR·VGP 4GRWDNKM PCEJCJOV &KG 8QTFGTUGKVG KUV PCEJ GKPGO &GPCT IGUVCNVGV FGP / +WPKWU $TWVWU X %JT \WT 'TKPPGTWPI CP FKG 8GTVTGKDWPI FGT 6CTSWKPKGT FWTEJ UGKPGP 8QTHCJTGP . +WPKWU $TWVWU RT·IGP NKG­ %TCYHQTF &KG 4ÒEMUGKVG JCV GKPGP &GPCT FGU 3 2QORQPKWU 4WHWU \WO 8QTDKNF IGRT·IV X %JT %TCYHQTF &KGUG 0CEJCJOWPI TÌOKUEJ TGRWDNKMCPKUEJGT /ÒP\GP IGUEJCJ PKEJV \WH·NNKI 5Q JCV OCP NCPIG CPIGPQOOGP FC­ -QUQP GKP 8GTDÒPFGVGT FGU %CGUCT /ÌTFGTU $TWVWU KO $ÒTIGTMTKGI IGIGP /CTE #PVQP WPF 1EVCXKCP #WIWUVWU IGYGUGP KUV -QUQP FGT UGKPGP 0COGPU\WI CWH FKG 8QTFGTUGKVG WPUGTGT /ÒP\G RT·IGP NKG­ YWTFG NCPIG CNU -ÌPKI FGT 6JTCMGT CPIGUGJGP /CZ XQP $CJTHGNFV URTCEJ XQP GKPGO &CMGTMÌPKI -QUQP KP $GTNKPGT /ÒP\DN·VVGT -QUQP YWTFG CDGT CWEJ HÒT FKG 5E[VJGP KP #PURTWEJ IGPQOOGP &KG 8GTDKPFWPI \W FGP &CMGTP FGO JGWVKIGP 4WO·PKGP IGPCWGT 5KGDGPDÒTIGP JCV 1 +NKGUEW GTCTDGKVGV KP 3WCFGTPK 6KEKPGUK &CU CWH GKPKIGP 5VÒEMGP CWH FGT 8QTFGTUGKVG \W HKPFGPFG /QPQITCOO NKGUV +NKGUEW WPUGTGT /GKPWPI PCEJ \WVTGHHGPF CNU $# HÒT BASILEUS -ÌPKI Y·JTGPF CPFGTG GU CNU $4 HÒT $TWVWU \W FGWVGP XGTUWEJV JCDGP &CU 0QOKPCN OKV GKPGO &WTEJUEJPKVVUIGYKEJV XQP I KUV UKEJGT MGKP TÌOKUEJGT #WTGWU UQPFGTP GKP ITKGEJKUEJGT )QNFUVCVGT &KG /ÒP\UV·VVG 1NDKC XGTDKTIV UKEJ YQJN PKEJV KP FGO /QPQITCOO YKG *GCF WPF CPFGTG INCWDVGP UQPFGTP UKG GTIKDV UKEJ CWU FGO 4ÒEMUGKVGPV[R FGT PKEJV PWT FGP 4WHWU &GPCT \WO 8QTDKNF JCV UQPFGTP CWEJ \W 1NDKC RC­V

6114

24

Ô 5VCVGT X %JT 1NDKC I /CIKUVTCV UEJTGKVGV N \YKUEJGP \YGK .KMVQTGP FCXQT /QPQ ITCOO #FNGT N OKV -TCP\ WPF <GRVGT 42% # 5GJT UEJÌP


6115

6116

1,5:1

1,5:1

6116

6*4#%+#

/#410'+# Õ 6TKQDQN X %JT I 2HGTFGRTQVQOG N 9GKPUVQEM T 'HGWDNCVV 5EJÌ PGTV )GKUU HH 5GJT UEJÌPpXQT\ÒINKEJ

1&'5515 Õ 6GVTCFTCEJOG #NGZCPFTGKGT <GKV /KVJTCFCVGU 8+ X %JT I *GTCMNG UMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N 2TKEG 5GJT UEJÌP

6117

6118

1,5:1

6*#515 Õ 5VCVGT X %JT I 5CV[T XGTUEJNGRRV 0[ORJG 8KGTIGVGKNVGU +PEWUWO 50) %QR #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 5VCVGT X %JT I 5CV[T XGTUEJNGRRV 0[ORJG 8KGTIGVGKNVGU +PEWUWO 50) %QR (CUV UGJT UEJÌP

6119

1,5:1

6120

1,5:1

Õ &TCEJOG X %JT I 5CV[T XGTUEJNGRRV 0[ORJG 8KGTIGVGKNVGU +PEWUWO 50) %QR XGTIN 5GJT UEJÌP

Õ &TCEJOG X %JT I &KQP[UQUMQRH N OKV 'HGWMTCP\ *GTCMNGU MPKGV T WPF URCPPV UGKPGP $QIGP $GK\ WPFGWVNKEJ $/% XGTIN HH 50) %QR XGTI HH 4 4ÒEMUGKVG OKP MQTTQFKGTV UGJT UEJÌP

6121

6123

6122

Õ 6GVTCFTCEJOG PCEJ X %JT I &KQP[UQUMQRH T *GTCMNGU UVGJV N OKV -GWNG WPF .Ì YGPHGNN 50) %QR XGTIN +O 4CPFDGTGKEJ OKP MQTTQFKGTV UGJT UEJÌP XQT\ÒINKEJ

Õ 6GVTCFTCEJOG PCEJ X %JT I &KQP[UQUMQRH T *GTCMNGU UVGJV N OKV -GWNG WPF .Ì YGPHGNN 50) %QR XGTIN .GKEJV IGYGNNV UGJT UEJÌP

-¤0+)4'+%* .[UKOCEJQU X %JT Õ 6GVTCFTCEJOG X %JT .CORUCMQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO KO #DUEJPKVV *CNDOQPF 6JQORUQP KP 'UUC[U 4QDKPUQP 'VYCU *QTPUKNDGT CWH FGO #XGTU OKP MQTTQFKGTV UGJT UEJÌP

25


6125

6124

Õ 6GVTCFTCEJOG X %JT .CORUCMQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPU JQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT *GTOG WPF /QPQITCOO 6JQORUQP KP 'UUC[U 4QDKPUQP -N -TCV\GT CWH FGT 4ÒEMUGKVG UGJT UEJÌP Õ 6GVTCFTCEJOG PCEJ X %JT -KQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO WPF -GWNG KO #DUEJPKVV -ÌEJGT WPF /QPQITCOO /ÒNNGT 50) $GTT[ 50) %QR 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP

6126

26

6130

6128

Õ 6GVTCFTCEJOG X %JT #ORJKRQNKU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPU JQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT -GT[MGKQP FCJKPVGT /QPQITCOO 6JQORUQP KP 'UUC[U 4QDKP UQP (GKPG 2CVKPC OKP -TCV\GT UGJT UEJÌP Õ 6GVTCFTCEJOG X %JT 2GNNC I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP Õ 6GVTCFTCEJOG X %JT 2GNNC I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT \YGK /QPQITCOOG 6JQORUQP KP 'UUC[U 4QDKPUQP (GKPG 6ÌPWPI UGJT UEJÌP

6129

6127

6131

Õ 6GVTCFTCEJOG RQUVJWO ! PCEJ X %JT ! WPDGUVKOOVG /ÒP\UV·VVG I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO /ÒNNGT 50) $GTT[ 50) %QR 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP Õ 6GVTCFTCEJOG RQUVJWO ! PCEJ X %JT ! WPDGUVKOOVG /ÒP\UV·VVG I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO CWH FGO 6JTQP DW /ÒNNGT XGTIN 50) $GTT[ 50) %QR 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP Õ 6GVTCFTCEJOG RQUVJWO ! PCEJ X %JT ! WPDGUVKOOVG /ÒP\UV·VVG I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO /ÒNNGT 50) $GTT[ 50) %QR 6JQORUQP KP 'UUC[U 4QDKPUQP 4 5GJT UEJÌP


6132

6133

5MQUVQMQU WO X %JT Õ 6GVTCFTCEJOG XQT X %JT WPDGMCPPVG VJTCMKUEJG /ÒP\UV·VVG I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT -WNVRHGK NGT OKV MWIGNKIGO -QRH KO #DUEJPKVV SKOSTOKOU (KUEJGT $QUUGTV 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9KG 9QNHICPI (KUEJGT $QUUGTV IG\GKIV JCV UKPF FKG .[UKOCEJGKGT FGU 5MQUVQMQU YQJN \GKVINGKEJ OKV LGPGP CWU FGT .GDGPU\GKV FGU .[UKOCEJQU GPVUVCPFGP 5MQUVQMQU FÒTHVG CNUQ YQJN KP GKPGO #DJ·PIKIMGKVUXGTJ·NVPKU \W .[UKOCEJQU IGUVCPFGP JCDGP &KG CNVG 8GTOWVWPI FKGUG 2T·IWPIGP UGKGP KP #KPQU GPUVCPFGP KUV YCJTUEJGKPNKEJ HCNUEJ 5KGJG (KUEJGT $QUUGTV &KG .[UKOCEJGKGT FGU 5MQUVQMQU KP 4$0 5

Õ 6GVTCFTCEJOG XQT X %JT WPDGMCPPVG VJTCMKUEJG /ÒP\UV·VVG I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT -WNVRHGKNGT OKV MWIGNKIGO -QRH KO #DUEJPKVV SKOSTOKOU (KUEJGT $QUUGTV 44 #XGTU OKP RQNKGTV MN -TCV\GT UGJT UEJÌP UGJT UEJÌP

1,5:1

6134

1,5:1

/#%'&10+#

#+)#+ Õ 6TKJGOKQDQN X %JT I <KGIG MPKGV T FCTÒDGT WPF FCXQT 2WPMV 8KGT IGVGKNVGU +PEWUWO 50) #05 5GJT UEJÌP

#KICK YCT FKG ·NVGUVG OCMGFQPKUEJG 4GUKFGP\ WPF $GIT·DPKUUV·VVG FGT -ÌPKIG

1,5:1

6135

1,5:1

#/2*+21.+5 Õ &TCEJOG X %JT I #RQNNQMQRH HCUV X X OKV .QTDGGTMTCP\ (CEMGN KP UEJYCEJ GTJÌJVGO 4CJOGP .QTDGT 44 )WVGT 5VKN UGJT UEJÌPpXQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

6136

&'4410'5 Õ &QFGMCFTCEJOG PCEJ X %JT I 1EJUGPDKIC T FCTÒDGT MQTKPVJKUEJGT *GNO 6TKUMGNKU #/0) 50) #05 XGTIN 5XQTQPQU 2N + 44 'VYCU *QTPUKNDGT HCUV UGJT UEJÌP UEJÌP

6137

6138

.'6' ! Õ 5VCVGT ,CJTJWPFGTV X %JT I 5CV[T T J·NV HNKGJGPFG 0[ORJG CO #TO \WTÒEM +PEWUWO 50) #05 5GJT UEJÌP

5-+10' U X %JT I /·PPGTMQRH N OKV 6CGPKG -QTKPVJKUEJGT *GNO N #/0) .KPFITGP %QNN 50) #05 50) %QR 4 )TÒPG 2CVKPC UGJT UEJÌP

27


6139

6139

1,5:1

-¤0+)4'+%* #NGZCPFGT + X %JT Õ 1MVQFTCEJOG X %JT I *GTQU OKV 2GVCUQU WPF .CP\GP UVGJV JCNDT JKPVGT GKPGO 2HGTF 8KGTIGVGKNVGU +PEWUWO 4C[OQPF 2N ++ 50) #05 5GJT UGNVGP KP FKGUGT 'TJCNVWPI #XGTU NGKEJV IGFTÒEMV UQPUV HCUV XQT\ÒINKEJ

6140

6141

#TEJGNCQU + X %JT Õ &KFTCEJOG I #RQNNQMQRH T 2HGTF T KO .KPKGPSWCFTCV 50) #05 5GJT UEJÌP

2JKNKRRQU ++ X %JT Õ 6GVTCFTCEJOG X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV <YGKI WPVGP $KGPG WPF LCPWUHÌTOKIGT -QRH .G 4KFGT 2N #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌP

1,5:1

1,5:1

Ô 5VCVGT X %JT 2GNNC I *GTCMNGUMQRH KO .ÌYGPHGNN T -GWNG FCTÒDGT $QIGP FCTWPVGT &TGK\CEM .G 4KFGT 2N 5GJT UEJÌP

1,5:1

6142

6143

1,5:1

Ô 5VCVGT RQUVJWO X %JT 2GNNC I #RQNNQMQRH T OKV .QTDGGTMTCP\ $KIC T FCTWPVGT HNKGIV 0KMG T .G 4KFGT 2N FKGU 'ZGORNCT 8QT\ÒINKEJ 'ZGORNCT #WMVKQP -TKEJGNFQTH 5VWVVICTV 0T

2JKNKRR ++ FGT 8CVGT #NGZCPFGTU FGU )TQ­GP IGNCPIVG CP FKG 4GIKGTWPI $CNF PCEJ UGKPGO 4GIKGTWPIUCPVTKVV IGNCPI GU KJO FCU IQNF WPF UKNDGTTGKEJG 2CPICKQPIGDKGV WPVGT UGKPG -QPVTQNNG \W DTKPIGP FGUUGP ,CJTGUGTVTCI 6CNGPVG DGVTWI WPF KJO FKG #WURT·IWPI FGT UEJÌPGP )QNFUVCVGTG KP FGT #PVKMG 2JKNKRRGKQK IGPCPPV GTOÌINKEJVG &KG 8QTFGTUGKVG WPUGTGU 5VÒEMGU \GKIV FGP -QRH #RQNNU FGU FGNRJKUEJGP )QVVGU \W FGO 2JKNKRRQU GKPG DGUQPFGTG $G\KGJWPI JCVVG +O *GKNKIGP -TKGI JCVVG 2JKNKRR UKEJ IGIGP FKG 2JQMGT IGYCPFV YGNEJG FKG 6GORGNUEJ·V\G KP &GNRJK IGTCWDV JCVVGP &KG 4ÒEMUGKVG URKGNV CWH GKPGP 5KGI 2JKNKRRU X %JT DGK FGP 1N[ORKUEJGP 5RKGNGP CP

UKGJG 2NWVCTEJ #NGZ +PFGO 2JKNKRRQU ++ CWH FKGUGO 5VÒEM UQYQJN GKPG 8GTDKPFWPI \W &GNRJK CNU CWEJ \W 1N[ORKC UEJWH \YGK 1TVGP FKG CNNGP )TKGEJGP JGKNKI YCTGP DTCEJVG GT CWEJ UGKP RCPJGNNGPKUEJGU RQNKVKUEJGU 2TQITCOO \WO #WUFTWEM &GT 2JKNKRRGKQU YCT GKPG FGT 9GNVOÒP\GP FGT #PVKMG

6144

28

Ô 5VCVGT RQUVJWO X %JT 2GNNC I #RQNNQMQRH T OKV .QTDGGTMTCP\ 0KMG KP $KIC T WPVGP -CPVJCTQU .G 4KFGT 2N 5GJT UEJÌP


6145

6146

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV <YGKI WPVGP -TCP\ WPF P .G 4KFGT 2N 8QT\ÒINKEJGU 'ZGORNCT

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV <YGKI WPVGP #RJNCUVQP WPF P .G 4KFGT 2N 2TÒHGKPJKGD IWVGU XQT\ÒINKEJ

6147

1,5:1

1,5:1

6148

6148

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I -QRH T OKV 6CGPKG 4GKVGT T WPVGP <YGKI .G 4KFGT 2N XCT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV <YGKI WPVGP L $WMTCPKQP WPF /QPQITCOO .G 4KFGT 2N 8QT\ÒINKEJGU 'ZGORNCT

6149

6150

6151

#NGZCPFGT +++ X %JT Õ 6GVTCFTCEJOG X %JT #TCFQU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N -GT[MGKQP 2TKEG 'VYCU *QTPUKNDGT CWH FGO 4GXGTU UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT $CD[NQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQ TQU UKV\V N N / WPVGT FGO 6JTQP /QPQITCOO 2TKEG 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT $CD[NQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQ TQU UKV\V N N / WPF -GWNG WPVGT FGO 6JTQP /QPQITCOO 2TKEG 5GJT UEJÌP

ex 6152

6153

Õ 6GVTCFTCEJOG X %JT 2GNNC I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N SI 2TKEG &C\W GKPG YGKVGTG 6GVTCFTCEJOG /ÒP\UV·VVG #ORJKRQNKU 2TKEG NGKEJV TGRCTKGTV 5VÒEM 5GJT UEJÌP

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N /QPQITCOO 2TKEG )WVGU UGJT UEJÌP

29


1,5:1

6154

1,5:1

Õ &TCEJOG RQUVJWO X %JT -QNQRJQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT .[TC 2TKEG 8QT\ÒINKEJ

6155

Õ 6GVTCFTCEJOG RQUVJWO X %JT /KNGV I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N WPVGT FGO 6JTQP /QPQITCOO 2TKEG 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC

1,5:1

6156 1,5:1

Ô 5VCVGT RQUVJWO X %JT $CD[NQP I #VJGPCMQRH T KP MQTKPVJKUEJGO *GNO FCJKPVGT / 0KMG UVGJV N OKV -TCP\ WPF 5V[NKU WPVGP L; 2TKEG 5GJT UEJÌPpXQT\ÒINKEJ

#NGZCPFGT +++ FGT )TQ­G YWTFG KO *GTDUV X %JT IGDQTGP 5GKP .GJTGT YCT FGT DGTÒJOVG #TKUVQVGNGU +O ,CJTG X %JT VTCV #NGZCPFGT WPVGT UEJYKGTKIGP $GFKPIWPIGP FKG 0CEJHQNIG UGKPGU 8CVGTU CP WPF DGUVKGI FGP OCMGFQPKUEJGP 6JTQP <YGK ,CJTG UR·VGT DGICPP GT FGP (GNF\WI IGIGP FKG 2GTUGT FKG GT XQNNUV·PFKI DGUKGIVG &QEJ FKG 'TQDGTWPI FGU #EJCKOGPKFGPTGKEJGU IGPÒIVG KJO PKEJV GT FTCPI DKU PCEJ +PFKGP XQT WPF UEJWH GKP 9GNVTGKEJ 5GKPG 'THQNIG YGEMVGP KP #NGZCPFGT FGP &TCPI PCEJ *ÌJGTGO UQ DGTKEJVGP FKG 3WGNNGP GT UGK XQP FGO 9WPUEJG DGUGGNV IGYGUGP *GTCMNGU \W ÒDGTVTWORHGP &KGU GTMN·TV FCU DGUQPFGTG 8GTJ·NVPKU #NGZCPFGTU \W #VJGPC FCU CWEJ CWH FGO #XGTU WPUGTGT /ÒP\G \WO #WUFTWEM MQOOV &KG )ÌVVKP YCT FKG $GUEJÒV\GTKP UGKPGU 8QTDKNFGU *GTCMNGU WPF CWEJ CPFGTGT *GNFGP &KG 4GXGTUFCTUVGNNWPI YGKUV #NGZCPFGT CNU 5KGIGT \W 9CUUGT WPF \W .CPFG CWU YKG FKG 5V[NKU \GKIV &GT 'THQNI \WT 5GG FGT JKGT IGOGKPV KUV FÒTHVG FGT 5KGI ÒDGT FKG (NQVVG XQP 6[TQU KO ,CJTG X %JT UGKP &GT XQP #NGZCPFGT +++ KO CVVKUEJGP 5VCPFCTF IGRT·IVG 5VCVGT YCT GKPG CPVKMG 9GNVOÒP\G 'T YWTFG YKG FKG CPVKMGP .GZKMC DGTKEJVGP #NGZCPFTGKGT IGPCPPV 2QNNWZ +: &GT )QNF 5VCVGT ICNV CVVKUEJG 5KNDGTFTCEJOGP UQOKV HÒPH UKNDGTPG 6GVTCFTCEJOGP &GT 6CIGUXGTFKGPUV GKPGU &WTEJUEJPKVVUDÒTIGTU DGVTWI GVYC &TCEJOGP

6157

6158

6159

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N -TCP\ WPVGT FGO 6JTQP 2WPMV KP P 2TKEG 5GJT UEJÌP

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N L WPF (CEMGN WPVGT FGO 6JTQP /QPQITCOO 2TKEG )WVGU UGJT UEJÌP

Õ 6GVTCFTCEJOG RQUVJWO X %JT 7TCPQRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT -QRHUEJOWEM FGT #RJTQFKVG 7TCPKC WPF : WPVGT FGO 6JTQP P 2TKEG 5GJT UEJÌP

30


6160

6161

6161

1,5:1

1,5:1

2JKNKRRQU +++ X %JT Õ &TCEJOG X %JT %QNQRJQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT .[TC 2TKEG 2 /KP MQTTQFKGTV UGJT UEJÌP

Ô 5VCVGT X %JT .CORUCMQU I #VJGPCMQRH T 0KMG UVGJV N OKV -TCP\ WPF 5V[NKU 2TKEG 2 # 5GJT UEJÌP

6162

1,5:1

1,5:1

Ô 5VCVGT X %JT $CD[NQP ! I #VJGPCMQRH T KP MQTKPVJKUEJGO *GNO 0KMG UVGJV N OKV 5V[NKU WPF <YGKI 2TKEG XGTIN 2 HH 9KP\ 2TÒHUVGNNG CWH FGO #XGTU IWVGU UGJT UEJÌP

6163

1,5:1

1,5:1

Õ *GOKFTCEJOG X %JT $CD[NQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT / 2TKEG 2 5GJT UGNVGP DGUQPFGTU KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJGU 2TCEJVGZGORNCT

6164

6165

Õ 6GVTCFTCEJOG X %JT $CD[NQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQ TQU UKV\V N N *GNKQUMQRH X X WPVGT FGO 6JTQP -; 2TKEG 2 /KP MQTTQFKGTV UGJT UEJÌP

#PVKIQPQU )QPCVCU X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2CP N CWH OCMGFQPKUEJGO 5EJKNF #VJGPC #NMKFGOQU N OKV 5EJKNF WPF $NKV\ N OCMGFQPKUEJGT *GNO T /QPQITCOO #/0) XGTIN 50) %QR (GNFGT NGKEJV DGCTDGKVGV UGJT UEJÌP

&KG 8QTFGTUGKVG FGU 5VÒEMGU GTKPPGTV CP FKG 5EJNCEJV XQP .[UKOCEJGKC KO ,CJTG X %JT +P FKGUGT 5EJNCEJV IGNCPI GU #PVKIQPQU )QPCVCU FKG DKUNCPI KP QHHGPGT (GNFUEJNCEJV WPIGUEJNCIGPGP )CNCVGT FKG FCU OCMGFQPKUEJG -ÌPKITGKEJ \GTUVÌTV JCVVGP \W DGUKGIGP &GT FWTEJ FKGUGP 5KGI GTYQTDGPG 4WJO HÒJTVG \WT 9CJN FGU #PVKIQPQU )QPCVCU \WO -ÌPKI FGT /CMGFQPGP &GT )QVV 2CP UQNN KP FGT 5EJNCEJV XQP .[UKOCEJGKC GTUEJKGPGP UGKP WPF FKG )CNCVGT KP #PIUV WPF 5EJTGEMGP XGTUGV\V JCDGP FKGU GTMN·TV FCU DGUQPFGTG 8GTJ·NVPKU FGU #PVKIQPQU \W 2CP &KG #VJGPC #NMKFGOQU FGT 4ÒEMUGKVG YCT OÌINKEJGTYGKUG FKG 5VCFVIÌVVKP XQP 2GNNC UKGJG $TGVV KP #05/0 +8 5 HH

31


6166

6167

#PVKIQPQU &QUQP X %JT Õ 6GVTCFTCEJOG 2GNNC ! I 2QUGKFQPMQRH T #RQNNQ UKV\V N CWH 2TQTC OKV $QIGP /GTMGT KP #05/0 +: 5 9KP\ $GCTDGKVWPIUUVGNNG CO 4CPF CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

.CWV /GTMGT HGKGTV FKG 4ÒEMUGKVG FGP 5GGUKGI FGU &QUQP ÒDGT 2VQNGOCKQU +++ DGK #PFTQU KO ,CJT X %JT

Õ 6GVTCFTCEJOG 2GNNC ! I 2QUGKFQPMQRH T #RQNNQ UKV\V N CWH 2TQTC OKV $QIGP /GTMGT KP #05/0 +: 5 5GJT UEJÌP

6168

1,5:1

1,5:1

2GTUGWU X %JT Õ &TCEJOG PCEJ TJQFKUEJGO 6[R X %JT /CIKUVTCV *GTOKCU I *GNKQUMQRH HCUV X X 4QUG WPVGP Z W 2TKEG 6JG .CTKUUC *QCTF KP -TCC[ /ÎTMJQNO 'UUC[U 2N .8 50) -GEMOCP 8QT\ÒINKEJ

2GTUGWU NKG­ KP UGKPGO -TKGI IGIGP 4QO FKGUG 5VÒEMG \WT $G\CJNWPI MTGVKUEJGT 5ÌNFPGT RT·IGP 'T Y·JNVG FGP TJQFKUEJGP 6[R FC UQNEJG 5VÒEMG FGP -TGVGTP DGMCPPV YCTGP WPF XQP KJPGP CM\GRVKGTV YWTFGP &GT /CIKUVTCV *GTOKCU YCT OÌINKEJGTYGKUG FGT 5QJP FGU CNVGP /ÒP\FKTGMVQTU FGU 2GTUGWU <QKNQU UKGJG #UJVQP KP 0% 5 8KGNNGKEJV UVGJGP FKG $WEJUVCDGP ZW CWH FGO 4GXGTU CDGT CWEJ HÒT <QR[TQU FGUUGP /QPQITCOO CWH CPFGTGP RUGWFQ TJQFKUEJGP &TCEJOGP GTUEJGKPV UKGJG #UJVQP KP 0% 5

6169

6170

6171

6172

Õ 6GVTCFTCEJOG X %JT I -QRH T OKV &KCFGO #FNGT UVGJV T CWH $NKV\ /COTQVJ 5GJT UEJÌP

0CEJ FGO $GIKPP FGU -TKGIGU IGIGP 4QO NKG­ 2GTUGWU FCU )GYKEJV FGT 6GVTCFTCEJOGP WO GVYC JGTCDUGV\GP WO )GNF \W IGYKPPGP 5Q GTMN·TV UKEJ FCU )GYKEJV FKGUGU 5VÒEMGU

4¤/+5%*' 2418+0< Õ 6GVTCFTCEJOG X %JT I &TCRKGTVG #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT CWH OCMGFQPKUEJGO 5EJKNF -GWNG KP -TCP\ N $NKV\ 50) #UJOQNGCP 50) %QR XGTIN 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I &TCRKGTVG #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT CWH OCMGFQPKUEJGO 5EJKNF -GWNG KP -TCP\ N $NKV\ 50) #UJOQNGCP 50) %QR 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I &TCRKGTVG #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT CWH OCMGFQPKUEJGO 5EJKNF -GWNG KP -TCP\ N $NKV\ 50) #UJOQNGCP 50) %QR 5GJT UEJÌP

32


6174

6173

Õ 6GVTCFTCEJOG X %JT I &TCRKGTVG #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT CWH OCMG FQPKUEJGO 5EJKNF -GWNG KP -TCP\ N $NKV\ 5NI *WPVGT 50) #UJOQNGCP 50) %QR 8GTDTCWEJVGT #XGTUUVGORGN UGJT UEJÌP

#GUKNNCU 3W·UVQT Õ 6GVTCFTCEJOG PCEJ X %JT 2GNNC ! I #NGZCPFGTMQRH T FCJKPVGT B

TGVTQITCF +P -TCP\ (KUEWU -GWNG WPF 5VWJN $CWUNCWIJ )TWRRG +++ 1 # -N 5VGORGNDTÒEJG GVYCU MQTTQFKGTV 4GXGTU FG\GPVTKGTV XQT\ÒINKEJ UGJT UEJÌP

6175 1,5:1

1,5:1

2#'10+#

-¤0+)4'+%* .[MMGKQU X %JT Õ 6GVTCFTCEJOG I #RQNNQMQRH T OKV .QTDGGT MTCP\ *GTCMNGU GTYÒTIV FGP PGOGKUEJGP .ÌYGP #/0) XGTIN 50) #05 XCT (CUV XQT\ÒINKEJ

6176

6177

Õ 6GVTCFTCEJOG I <GWUMQRH T *GTCMNGU GTYÒTIV FGP PGOGKUEJGP .ÌYGP #/0) 50) #05 (CUV XQT\ÒINKEJ XQT\ÒINKEJ

2CVTCQU X %JT Õ 6GVTCFTCEJOG I #RQNNQMQRH T OKV .QTDGGTMTCP\ 4GKVGT T GT UVKEJV IGUVÒT\VGP )GIPGT N -CPVJCTQU 50) #05 -N -TCV\GT *GPMGNURWT ! UGJT UEJÌP

1,5:1

6178

6*'55#.+#

1,5:1

.#4+55# Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T *GTTOCPP 6H 8 HH (GKPGT 5VKN HCUV XQT\ÒINKEJ

6179

Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T *GTTOCPP 6H 8 HH #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

33


6180

1,5:1

6181

1,5:1

6181

Õ 1DQN ! X %JT I 0[ORJGPMQRH HCUV X X 4GKVGT T *GTTOCPP 6H 8+ 4 /KP MQTTQFKGTV UGJT UEJÌP

Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T *GTTOCPP 6H 8+++ HH #XGTU OKP MQTTQFKGTV UGJT UEJÌP

&CU 0QOKPCN FKGUGT 5VÒEMG KUV WPUKEJGT UKGJG *GTTOCPP 5

1,5:1

6182

2*#45#.15 Õ *GOKFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 2HGT FGMQRH T .CXXC 5GJT UEJÌP

6183

1,5:1

6184

.+)# X %JT Õ 5VCVGT X %JT /CIKUVTCVG 'WRCNKFQU WPF *GIGUCTGVQU I -QRH FGU <GWU XQP &QFQPC T OKV 'KEJGPMTCP\ #VJGPC +VQPKC UVGJV T OKV 5RGGT WPF 5EJKNF $/% 50) #UJOQNGCP 50) %QR (CUV XQT\ÒINKEJ

<WO 0QOKPCN UKGJG (TCPMG <WT %JTQPQNQIKG FGT 5VTCVGIGP WPF FGT /ÒP\RT·IWPI FGU -QKPQP FGT 6JGUUCNGT KP 5EJYGK\GT /ÒP\DN·VVGT 5 HH

Õ 5VCVGT X %JT /CIKUVTCVG 2JKNKRRQU WPF 6JGOKUVQIGPGU I -QRH FGU <GWU XQP &QFQPC T OKV 'KEJGPMTCP\ #VJGPC +VQPKC UVGJV T OKV 5RGGT WPF 5EJKNF T #TVGOKU OKV (CEMGN $/% 50) #UJOQNGCP 50) %QR (CUV XQT\ÒINKEJ

6185

6186

6187

#%#40#0+#

#0#-614+10 Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJK UEJGO *GNO FCJKPVGT $WMTCPKQP %CNEKCVK 2GICUK #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

.'7-#5 Õ 5VCVGT X %JT I 2GICUWU HNKGIV T #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO N <YGKI OKV 9GKPVTCWDGP %CNEKCVK 2GICUK 5GJT UEJÌP

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT 2HGTFGMQRH %CNEKCVK 2GICUK 9KP\ 'KPJKGD CO 4CPF UGJT UEJÌP

34


6189

6188

$1'16+#

6*'$'0 Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP TI MO $/% 5GJT UEJÌP

-1+010 Õ &TCEJOG X %JT 6JGDGP ! I &GOGVGTMQRH HCUV X X OKV JTGPMTCP\ 2QUGKFQP UVGJV T OKV &TGK\CEM WPF &GNRJKP FCXQT DQKQVKUEJGT 5EJKNF $/% 5GJT UEJÌP

6190

1,5:1

6191

1,5:1

'7$1'#

%*#.-+5 Õ &TCEJOG X %JT I 9GKDNKEJGT -QRH T #FNGT HNKGIV T KP FGP (·PIGP 5EJNCPIG FCTÒDGT /QPQITCOO 2KECTF 'O 5NI $%& XGTIN HH 5GJT UEJÌP

*+56+#+# Õ 6GVTQDQN X %JT I /·PCFGPMQRH T 0[ORJG *KUVKCKC UKV\V T CWH 5EJKHHUJGEM OKV 5V[NKU $/% 50) %QR 5GJT UEJÌPpXQT\ÒINKEJ

6192

1,5:1

1,5:1

#66+%#

#6*'0 9CRRGPOÒP\GP Õ &KUVCVGT 6GVTCFTCEJOG X %JT I )QTIQPGKQP +P +PEWUWO .ÌYGPOCUMG X X QDGP \YGK -WIGNP 0KEQNGV 2KGTTG KP 40 & 4 2N +8 FKGU 'ZGORNCT 5GNVOCP E FKGU 'ZGORNCT 5XQTQPQU XGTIN 2N + 8QP ITQ­GT 5GNVGPJGKV 8GTDTCWEJVGT #XGTUUVGORGN -TCV\GT CWH FGT 8QTFGTUGKVG UGJT UEJÌP 'ZGORNCT #WMVKQP 'IIGT 9KGP 0T $ WPF FGT 5COONWPI %QPUWN 9GDGT #WMVKQP , *KTUEJ /ÒPEJGP XQO 0QXGODGT 0T &KG )QTIQPGKQP &KUVCVGTG UKPF KP XKGNGTNGK *KPUKEJV XQP ITQ­GO +PVGTGUUG 5KG UKPF FKG GTUVGP /ÒP\GP #VJGPU FKG GKP PCVKQPCNGU 5[ODQN FGT 5VCFV VTCIGP P·ONKEJ FCU )QTIQPGKQP YGNEJGU FKG #GIKU FGT #VJGPG \KGTV &CU RGTUÌPNK EJG 5[ODQN FGU /CIKUVTCVGP FCTWO JCPFGNV GU UKEJ DGK FGP UQIGPCPPVGP 9CRRGP YCPFGTV CWH FGP 4GXGTU FGT /ÒP\GP +O XQTNKGIGPFGP (CNN KUV FCU 9CRRGP GKPG .ÌYGPOCUMG &KGUG 5VÒEMG UKPF FKG GTUVGP /ÒP\GP #VJGPU WPF YQJN CWEJ FGT IGUCOVGP I·KU FKG CWH DGKFGP 5GKVGP GKP $KNF VTCIGP &KGUG 8KGTFTCEJOGPUVÒEMG YGKUGP PQEJ GKPG YGKVGTG KPPQXCVKXG 0GWGTWPI CWH FGPP UKG \GKIGP OKV FGP DGKFGP 9GTVMWIGNP CWH FGO 4GXGTU GKPG 9GTVCPICDG &C FKG &KFTCEJOG XQT FGT 'KPHÒJTWPI FGT 6GVTCFTCEJOGP OKV #VJGPCMQRH 'WNG FGT 5VCVGT CNUQ FKG 5VCPFCTFOÒP\G YCT JCPFGNV GU UKEJ DGK FKGUGP GTUVGP CVVKUEJGP 6GVTCFTCEJOGP UQOKV WO &KUVCVGTG &KG 7TUCEJG HÒT CNN FKGUG 0GWGTWPIGP FÒTHVG FKG 'PVFGEMWPI CVVKUEJGP 5KNDGTU KP .CWTKQP IGYGUGP UGKP YGNEJGU #VJGP GKPG /ÒP\RT·IWPI KP YGKV ITÌ­GTGO 5VKN GTOÌINKEJVG CNU GU \WT <GKV FGT 9CRRGPOÒP\GP OÌINKEJ YCT HÒT FGTGP 2T·IWPI 5KNDGT KORQTVKGTV YGTFGP OW­VG 5EJNKG­NKEJ DGPÌVKIVG OCP /ÒP\GP HÒT FGP (GTPJCPFGN FKG GKPJGKVNKEJG 6[RGP CWH #XGTU WPF 4GXGTU \GKIGP OW­VGP WPF DGICPP OKV FGT 2T·IWPI FGT CTEJCKUEJGP 'WNGP

35


6193

1,5:1

1,5:1

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +PEWUWO 'WNG UVGJV T FCJKPVGT 1NKXGP\YGKI 5GNVOCP 50) /ÒPEJGP XGTIN 5XQTQPQU 2N 44 8QP HCU\KPKGTGPFGO CTEJCKUEJGP 5VKN #WH DTGKVGO 5EJTÌVNKPI IWV \GPVTKGTVGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

6194

1,5:1

1,5:1

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +PEWUWO 'WNG UVGJV T FCJKPVGT 1NKXGP\YGKI 5GNVOCP XGTIN HH 50) /ÒPEJGP XGTIN 5XQTQPQU XGTIN 2N HH 44 /KP MQTTQFKGTV HCUV UGJT UEJÌP IWVGU UGJT UEJÌP

6195

1,5:1

1,5:1

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +PEWUWO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT )TWRRG 8 $ 4 'VYCU MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

6196

6197

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::++ 5GJT UEJÌP

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::++ (GKPG 6ÌPWPI UGJT CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

36


6199

6198

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::+++ 5GJT UEJÌP

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::+++ 5GJT UEJÌP

6200

6201

6202

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::+++ 'VYCU (WPFDGNCI UGJT UEJÌP

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::+++ -N -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP HCUV UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG UVGJV T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 50) /ÒPEJGP XGTIN HH 7PTGIGNO·­KIGT 5EJTÌVNKPI UGJT UEJÌP XQT\ÒINKEJ

6204

6203

6203

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P -TCP\ 'WNG CWH #O RJQTG X X N *ÒHVJGTOG FGU *GTOGU 6JQORUQP /KP MQTTQFKGTV GVYCU *QTPUKNDGT UGJT UEJÌP

&KG 0GWUVKNRT·IWPIGP UKPF PCEJ %JT $QGJTKPIGT FCVKGTV

Õ 6GVTCFTCEJOG *GMCVQODCKQP ,WNK #WIWUV X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +O -TCP\ 'WNG CWH #ORJQTG OKV # X X T H·JTV 6TKRVQNGOQU KP 5EJNCPIGPDKIC N 6JQORUQP C 5GJT UEJÌPGU 'ZGORNCT

37


6205

1,5:1

1,5:1

#')+0#

#')+0# Õ *GOKFTCEJOG ,CJTJWPFGTV X %JT I 5GGUEJKNFMTÌVG 8KGNHCEJ IGVGKNVGU +PEW UWO /KNDCPM XGTIN 2N + 50) &GNGRKGTTG XGTIN 4 (CUV UGJT UEJÌP

&KG ·NVGUVGP KP 'WTQRC IGRT·IVGP /ÒP\GP UVCOOGP PCEJ CPVKMGP $GTKEJVGP CWU #GIKPC &KG 5EJKNFMTÌVG YCT FCU JGKNKIG 6KGT FGT #RJTQFKVG FGTGP ITQ­GT 6GORGN FGP *CHGP FGT +PUGN ÒDGTTCIVG &KG CGIKPGVKUEJGP %JGNQPCK

5EJKNFMTÌVGP YCTGP XQT FGP CVVKUEJGP 'WNGPOÒP\GP FCU I·PIKIG <CJNWPIUOKVVGN )TKGEJGPNCPFU 2QNNWZ +: 'KP Ô 5VCVGT FGU -TQKUQU GPVURTCEJ DGK GKPGO 8GTJ·NVPKU XQP )QNF \W 5KNDGT XQP \GJP CGIKPGVKUEJGP 5VCVGTGP

6206

6208

6207

Õ 5VCVGT X %JT I .CPFUEJKNFMTÌVG (ÒPHHCEJ IGVGKNVGU +PEWUWO 50) &GNGRKGTTG XGTIN /KV 2TÒHRWP\G UGJT UEJÌP

$CNF PCEJ FGO $GIKPP FGU GTUVGP RGNQRQPPGUKUEJGP -TKGIGU YWTFG #GIKPC IG\YWPIGP FGO #VVKUEJGP 5GGDWPF DGK\WVTGVGP WPF FKG (NQVVG CD\WVTGVGP 5GKV FKGUGO 'TGKIPKU GTUEJGKPV CWH FGP /ÒP\GP #GIKPCU FKG .CPFUEJKNFMTÌVG

Õ 5VCVGT X %JT I .CPFUEJKNFMTÌVG (ÒPHHCEJ IGVGKNVGU +PEWUWO 50) &GNGRKGTTG XGTIN /KV 2TÒHRWP\G UGJT UEJÌP

Õ 5VCVGT X %JT I .CPFUEJKNFMTÌVG (ÒPHHCEJ IGVGKNVGU +PEWUWO 50) &GNGRKGTTG XGTIN /KV 2TÒHRWP\G HCUV UGJT UEJÌP

6210

6209

6211

6212

%14+06*+#

-14+06* Õ 5VCVGT X %JT I 2GICUWU HNKGIV T #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO FCJKPVGT 'WNG %CNEKCVK 2GICUK 4CXGN 2 6 )WVGU UGJT UEJÌP

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT 2CP\GT %CNEKCVK 2GICUK 4CXGN 5GJT UEJÌP

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT 6CWDG KP -TCP\ %CNEKCVK 2GICUK 4CXGN 5GJT UEJÌP

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO .QTDGGT CNU *GNO\KGT FCJKPVGT #FNGT N \WTÒEMDNKEMGPF %CNEKCVK 2GICUK 4CXGN *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

1,5:1

38

6213

1,5:1

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT #TVGOKU OKV (CEMGN %CNEKCVK 2GICUK 4CXGN -N 5VGORGNDTÒEJG XQT\ÒINKEJ


1,5:1

6214

1,5:1

2'.12100'575

5+%;10+# 5+-;10 Õ *GOKFTCEJOG ,CJTJWPFGTV X %JT I %JKO·TG N 6CWDG HNKGIV N $/% 50) %QR XGTIN HH *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

6215

6217

6216

#%*#+# 2#64#+ Õ 6TKQDQN XQT X %JT /CIKUVTCV #I[U 5QJP FGU #KUEJTKQP I <GWUMQRH T /QPQITCOO KP -TCP\ 50) %QR 5GJT UEJÌP

'.+5 1.;/2+# Õ 5VCVGT 1N[ORKCFG X %JT *GTCVGORGN I *GTCMQRH T OKV 5VGRJCPG +P 1NKXGPMTCP\ $NKV\ 5GNVOCP 5NI $%& XGTIN 4 8QTFGTUGKVG NGKEJV FG\GPVTKGTV UGJT UEJÌP

.#%10+# .#-'&#+/10 U X %JT I -ÌRHG FGT &KQUMWTGP PGDGPGKPCPFGT T +P -TCP\ <YGK #ORJQTGP )TWPCWGT XQP *QGTUEJGNOCPP )TWRRG :8 5GTKG 4 )TÒPG 2CVKPC HCUV UGJT UEJÌP

1,5:1

6218

1,5:1

%4'6#

-;&10+# Õ 6TKJGOKQDQN ,CJTJWPFGTV X %JT I 2CPMQRH N *WPF UKV\V T .G 4KFGT 5XQTQPQU 4 ªDGTRT·IWPIUURWTGP UGJT UEJÌP

(CUV CNNG MTGVKUEJGP /ÒP\GP UKPF ÒDGTRT·IV OCP XGTYGPFGVG CNUQ WONCWHGPFG /ÒP\GP CNU )TWPFNCIG HÒT FKG GKIGPG 2T·IWPI &KG 7TUCEJG FCHÒT YCT FC­ GU CWH -TGVC MGKPG 5KNDGTXQTMQOOGP ICD

6219

6220

6221

Õ &KFTCEJOG X %JT I 0[ORJGPMQRH T -[FQP UVGJV N WPF URCPPV UGKPGP $QIGP FCXQT *WPF WPF .CP\GPURKV\G .G 4KFGT 5XQTQPQU /KP MQTTQFKGTV UGJT UEJÌP -[FQPKC KUV FKG *GKOCV FGT 3WKVVGP FKG FGUJCND M[FQPKUEJG RHGN JKG­GP

2*#+5615 Õ 5VCVGT X %JT I *GTCMNGU UVGJV T OKV $QIGP WPF -GWNG N .ÌYGPHGNN T 5EJNCPIG ÒDGT .QTDGGT\YGKI +P -TCP\ 5VKGT N .G 4KFGT 2N 5XQTQPQU XGTIN 5GJT UEJÌP

2*#.#5#40# Õ 5VCVGT ,CJTJWPFGTV X %JT I 9GKDNKEJGT -QRH T &TGK\CEM .G 4KFGT 2N :::++ 5XQTQPQU 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

39


6222

1,5:1

6223

1,5:1

6223

210675

#/+575 Õ *GOKFTCEJOG ,CJTJWPFGTV X %JT I *GTCMQRH T OKV 5VGRJCPG 'WNG CWH 5EJKNF X X 50) $/ 5GJT UEJÌP

-¤0+)4'+%* /KVJTCFCVGU 8+ X %JT Õ 6GVTCFTCEJOG ,CJT DKVJ[PQ RQPVKUEJGT TC

X %JT I -QRH T OKV &KCFGO *KTUEJ YGKFGV N KP 'HGWMTCP\ FG %CNNCVC[ 2N & 4 C FKGU 'ZGORNCT (GKPG 2CVKPC MN -TCV\GT UGJT UEJÌP 'ZGORNCT FGT #WMVKQP -TKEJGNFQTH 5VWVVICTV 0T

/KVJTCFCVGU 8+ FGT NGV\VG ITQ­G )GIPGT FGT 4ÌOGT \GKIV CWH UGKPGP /ÒP\GP GKP 2QTVT·V OKV HNKGIGPFGP *CCTGP XQP HCUV DCTQEMGO 5VKN

6224

6225

1,5:1

1,5:1

1,5:1

2#2*.#)10+#

%41/0# Õ &TCEJOG ,CJTJWPFGTV X %JT I <GWUMQRH N OKV .QTDGGTMTCP\ *GTCMQRH N OKV 5VGRJCPG 50) $/ 9CFFKPIVQP 4GE IGP /KP MQTTQFKGTV MN -TCV\GT UGJT UEJÌP XQT\ÒINKEJ

5+012' Õ &TCEJOG X %JT I #FNGTMQRH N FCTWPVGT &GNRJKP N MCWO UKEJVDCT 8KGTIGVGKNVGU +PEWUWO FCXQP \YGK (GNFGT GTJCDGP \YGK XGTVKGHV KP GKPGO FGT XGTVKGHVGP (GNFGT - 50) $/ 50) .QEMGVV (CUV XQT\ÒINKEJ UGJT UEJÌP

6227

6226

$+6*;0+#

*'4#-.'+# 2106+-# &KQP[UKQU X %JT Õ &KFTCEJOG I &KQP[UQUMQRH N OKV 'HGW MTCP\ FCJKPVGT 6J[TUQU *GTCMNGU N GTTKEJVGV 6TQRJ·G WPVGP 9KFFGTMQRH 50) $/ 4 /KP MQTTQFKGTV UGJT UEJÌP

-#.%*'&10 Õ 6GVTCFTCEJOG X %JT I 5VKGT UVGJV N CWH JTG FCXQT /QPQ ITCOO 8KGTIGVGKNVGU ITCPWNKGTVGU +PEWUWO 50) $/ 9CFFKPIVQP 4GE IGP 4 -PCRRGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

6228

6229

Õ 6GVTCFTCEJOG XQT X %JT I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N /ÒNNGT 5G[TKI KP 'UUC[U 4QDKPUQP XGTIN 2N 5GJT UEJÌP

-¤0+)4'+%* 0KMQOGFGU +8 X %JT Õ 6GVTCFTCEJOG ,CJT X %JT I -QRH T OKV &KCFGO <GWU UVGJV N OKV <GRVGT FGP 0COGP FGU -ÌPKIU DGMT·P\GPF FCXQT #FNGT CWH $NKV\ N 9CFFKPIVQP 4GE IGP 5GJT UEJÌP

40


6230

6230 1,5:1

/;5+#

.#/25#-15 'N 5VCVGT WO X %JT I 2GICUWURTQVQOG N WOIGDGP XQP GKPGT 9GKPTCPMG 8KGTIGVGKNVGU +PEWUWO $CNFYKP 2GTKQFG + XGTIN 2N + #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

.CORUCMQU CO PÌTFNKEJGP 'KPICPI \WO *GNNGURQPV IGNGIGP YCT \WUCOOGP OKV -[\KMQU GKPGT FGT 8QTQTVG HÒT FGP *CPFGN OKV FGP 4CPFXÌNMGTP FGU 5EJYCT\GP /GGTGU &KGUG DGXQT\WIVGP 'N /ÒP\GP WPF FGUJCND YWTFGP KP .CORUCMQU PQEJ NCPIG 'N 5VCVGTG IGRT·IV CNU UKG KP -NGKPCUKGP UEJQP N·PIUV CW­GT )GDTCWEJ IGMQOOGP YCTGP

1,5:1

6231

1,5:1

Õ &KQDQN ,CJTJWPFGTV X %JT I 9GKDNKEJGT &QRRGNMQRH #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO )CGDNGT KP 0QOKUOC : XGTIN 6H ++ 8QTFGTUGKVG FG\GPVTKGTV UGJT UEJÌP

6232

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT /QPQITCOO WPF 2GICUWURTQVQOG N WPVGT FGO 6JTQP /QPQITCOO 2TKEG 5GJT UEJÌP

6233

1,5:1

6233

2'4)#/10 #VVCNQU + X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2JKNGVCKTQU T OKV .QTDGGTMTCP\ #VJGPC 5VGRJCPQRJQTQU UKV\V N FCXQT $KGPG WPF /QPQITCOO FCJKPVGT $QIGP 9GUVGTOCTM )TWRRG 8+ # 8 %8 )WVGT 5VKN OKP &QRRGNUEJNCI CWH FGT 4ÒEMUGKVG HCUV XQT\ÒINKEJ

6234

'WOGPGU ++ X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2JKNGVCKTQU T OKV .QTDGGTMTCP\ #VJGPC 5VGRJCPQRJQTQU UKV\V N FCXQT 5V[NKU WPF AS FCJKPVGT $QIGP 9GUVGTOCTM 8 %:.8+++ -TCHVXQNNGT -QRH UGJT UEJÌP

41


6235

1,5:1

1,5:1

641#5

6'0'&15 Õ &TCEJOG PCEJ X %JT I ,CPWUHÌTOKIGT -QRH (TCWGPMQRH OKV 5VGRJCPG N D·TVKIGT /·PPGTMQRH OKV .QTDGGTMTCP\ T &QRRGNCZV N /QPQITCOO WPF 9GKPVTCWDG T UVGJV *GT OGU N FG %CNNCVC[ FKGU 'ZGORNCT CDIGDKNFGV 4 -N 4CPFHGJNGT IWVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP -ÌNPGT /ÒP\MCDKPGVV -ÌNP 0T

6GPGFQU UQNN UGKPGP 0COGP XQP 6GPGU JCDGP FGT KP 6GPGFQU IÌVVNKEJG 8GTGJTWPI IGPQ­ %KEGTQ &G PCVWTC FGQTWO +++ 5Q UVGNNV FGT &QRRGNMQRH CWH FGT 8QTFGTUGKVG PCEJ GKPGT &GWVWPI 6GPGU WPF FGUUGP 5EJYGUVGT *GOKVJGC FCT (ÒT FKG &QRRGNCZV CWH FGO 4GXGTU IGDGP UEJQP FKG CPVKMGP #WVQTGP OGJTGTG 'TMN·TWPIGP 2CWUCPKCU DGTKEJVGV FC­ 6GPGU UKEJ OKV UGKPGO 8CVGT \GTUVTKVVGP JCVVG #NU FKGUGT OKV UGKPGO 5EJKHH DGK 6GPGFQU XQT #PMGT NCI WO UKEJ OKV FGO 5QJP \W XGTUÌJPGP JCV 6GPGU FKG 6CWG OKV GKPGT &QRRGNCZV FWTEJUEJNCIGP WO FKG 8GTUÌJPWPI \W XGTJKP FGTP #TKUVQVGNGU DTKPIV FKG #ZV OKV GKPGO )GUGV\ GKPGU -ÌPKIU XQP 6GPGFQU KP 8GTDKPFWPI YGNEJGU 'JGDTWEJ OKV FGO 6QF DGUVTCHVG WPF GKPGP 5QJP FGU -ÌPKIU VTCH 9CJTUEJGKPNKEJGT KUV CNNGTFKPIU FC­ FKG &QRRGNCZV GKP 5[ODQN FGU &KQP[UQU 2GNGM[U KUV WPF CWH XQTITKGEJKUEJG <GKV \WTÒEMIGJV

6237

6236

6238

#'1.+5

#+)#+ Õ 6GVTCFTCEJOG PCEJ X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT +P 'KEJGPMTCP\ <GWU UVGJV N OKV #FNGT WPF <GRVGT 50) %QR 50) X #WNQEM 44 #VVTCMVKXGU 'ZGORNCT IWVGU UGJT UEJÌP &KG UVGRJCPGRJQTGP MTCP\VTCIGPFGP 6GVTCFTCEJOGP YWTFGP CD FGO ,CJTJWPFGTV KP XKGNGP 5V·FVGP IGRT·IV DGUQPFGTU CDGT KP #VJGP +JT IGOGKPUCOGU /GTMOCN FGT -TCP\ CWH FGO 4GXGTU YCT UKEJGT PKEJV DNQ­ GKPG /QFGGTUEJGKPWPI UQPFGTP MGPP\GKEJPGVG GKP GKPJGKVNKEJGU 9·JTWPIUIGDKGV

-;/' Õ 6GVTCFTCEJOG PCEJ X %JT /CIKUVTCV -CNNKCU I -QRH FGT #OC\QPG -[OG T OKV 6CGPKG +P .QTDGGTMTCP\ 2HGTF UVGJV T FCXQT 5M[RJQU 1CMNG[ KP #05/0 H FKGU 'ZGORNCT 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP *GUU .GW .W\GTP 0T WPF FGT 5NI 2TQYG #WMVKQP 'IIGT 9KGP 0T

/;4+0# Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I #RQNNQMQRH T +P .QTDGGTMTCP\ #RQNNQ XQP )T[PGKQP UVGJV T OKV 2CVGTC WPF .QTDGGT\YGKI OKV JGTCDJ·PIGPFGP 6CGPKGP FCXQT 1ORJC NQU WPF -CPVJCTQU 5CEMU (GKPG 2CVKPC XQT\ÒINKEJ

&GT #RQNNQ XQP )T[PGKQP JCV YKG 8GTIKN KP FGT #GPGKU CPIKDV FGO #GPGCU DGHQJNGP PCEJ +VCNKGP \W GKNGP

1,5:1

6239

.'5$15

1,5:1

/;6+.'0' 'N *GMVG X %JT I .ÌYGPMQRH T +PEWUGT -CNDUMQRH T $QFGPUVGFV 5GJT UEJÌP

&KGUG 'OKUUKQP FKGPVG \WT &GEMWPI FGU GTJÌJVGP )GNFDGFCTHGU Y·JTGPF FGU KQPKUEJGP #WHUVCPFGU

42


6240

1,5:1

6241

1,5:1

6241

'N *GMVG X %JT I *GTOGUMQRH T OKV 2GVCUQU 2CPVJGT T $QFGPUVGFV 8U F ! 4U a #VVTCMVKXGU IWV \GPVTKGTVGU UGJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT /QPQITCOO WPF .[TC 2TKEG 5GJT UEJÌP

6243

6242 1,5:1

1,5:1

1,5:1

6244

1,5:1

+10+#

70$'56+//6' /ª0<56 66' 'N 5VCVGT ,CJTJWPFGTV X %JT I .ÌYGPOCUMG X X +PEWUWO 8GTIN 50) X #WNQEM XGTIN 50) -C[JCP 5GJT UEJÌP

'N 5VCVGT X %JT I )NCVV +PEWUWO OKV .KPKGP XGT\KGTV 50) -C[JCP XGTIN 9CIIQPGT 4QUGP %QNN 9GKFCWGT 5GJT UEJÌP

'2*'515 Õ %KUVQRJQT ,CJT X %JT I %KUVC O[UVKEC KP 'HGWMTCP\ <YGK 5EJNCPIGP WO -ÌEJGT N Q CWH FGO -ÌEJGT -WNVUVCVWG FGT #TVGOKU 'RJGUKC X X -NGKPGT &CVGF %KUVQ RJQTK #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC KPVGTGUUCPVG ªDGTRT·IWPIUURWTGP CWH FGT 8QTFGTUGKVG IWVGU UGJT UEJÌP

6245

1,5:1

6246

1,5:1

6246

1,5:1

'4;6*4#+ 'N *GMVG 5VCVGT ,CJTJWPFGTV X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN N 8KGTIGVGKNVGU +PEWUWO 50) X #WNQEM -N 5EJÒTHUVGNNG CWH FGO 4GXGTU UGJT UEJÌP

Õ 5VCVGT WO X %JT I 0CEMVGT 4GKVGT N +PEWUWO KP FGP 9KPMGNP 'VJPKMQP KP FGT /KVVG 4QUGVVG #WMVKQP .GW <ÒTKEJ 0T FKGU 'ZGORNCT 5QPUV YQJN WPGFKGTV 44 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

6247

/#)0'5+# Õ 6GVTCFTCEJOG PCEJ X %JT /CIKUVTCV 'WRJGOQU 5QJP FGU 2CWUCPKCU I #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT +P -TCP\ 0CEMVGT #RQNNQ UVGJV N CWH /·CPFGT CP &TGKHW­ IGNGJPV CWH FKGUGO -ÌEJGT $/% 50) X #WNQEM 50) %QR (CUV XQT\ÒINKEJ

/ÌINKEJGTYGKUG YCTGP FKG CWH FGP OCIPGUKUEJGP /ÒP\GP IGPCPPVGP +PFKXKFWGP MGKPG #OVUVT·IGT UQPFGTP TGKEJG /·PPGT FKG GKPG .GKVWTIGKC GKP 9GTM HÒT FGP 5VCCV KP FKGUGO (CNN GKPG 5RGPFG FKG FKG 2T·IWPI FGT /ÒP\GP GTOÌINKEJVG XQNNDTCEJVGP WPF CWU FKGUGO )TWPF FWTEJ FKG 0GPPWPI KJTGU 0COGPU CWH FGP /ÒP\GP IGGJTV YWTFGP 5KGJG ,QPGU 9TGCVJGF 6GVTCFTCEJOGU QH /CIPGUKC KP #05/0 5 HH

43


6248

Õ 6GVTCFTCEJOG PCEJ X %JT /CIKUVTCV 'TCUKRRQU 5QJP FGU #TKUVGQU I #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT +P -TCP\ 0CEMVGT #RQNNQ UVGJV N CWH /·CPFGT CP &TGKHW­ IGNGJPV CWH FKGUGO -ÌEJGT $/% 50) X #WNQEM 50) %QR /KP MQTTQFKGTV XQT\ÒINKEJ

6249 1,5:1

6248

1,5:1

6250 1,5:1

1,5:1

1,5:1

/+.'6 'N 5VCVGT ,CJTJWPFGTV X %JT I .ÌYGPMQRH T +P +PEWUWO $NÒVGPQTPCOGPV 4QUGP %QNN #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T 9CIIQPGT 4QUGP %QNN XGTIN 6[R N 44 5GJT UEJÌP

2*1-#+# 'N *GMVG 5VCVGT X %JT I ,ÒPINKPIUMQRH N OKV *CCTDKPFG WPF 5VKGT JQTP 8KGTIGVGKNVGU +PEWUWO $QFGPUVGFV 5GJT UEJÌP

&CU 5VKGTJQTP KUV CWH FGP #DD DGK $QFGPUVGFV PKEJV \W GTMGPPGP CDGT CWH WPUGTGO 5VÒEM UGJT FGWVNKEJ 'U JCPFGNV UKEJ DGK FGO ,ÒPINKPI CNUQ OKV JQJGT 9CJTUEJGKPNKEJMGKV WO GKPGP (NW­IQVV 'U M·OG JKGT FGT *GTOQU KP (TCIG KP FGUUGP /ÒPFWPIUIGDKGV 2JQMCKC NCI

6252

6251

1,5:1

1,5:1

1,5:1

1,5:1

'N *GMVG 5VCVGT X %JT I 9GKDNKEJGT -QRH N FCTWPVGT 4QDDG 8KGTIGVGKNVGU +PEWUWO $QFGPUVGFV 5GJT UEJÌP

'N *GMVG 5VCVGT X %JT I #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCTWPVGT 4QDDG 8KGTIGVGKNVGU +PEWUWO $QFGPUVGFV )WV CWUIGRT·IVGU UGJT UEJÌPGU 'ZGORNCT

6253

6254

44

1,5:1

1,5:1 6254

5/;40# Õ 6TKJGOKQDQN HTÒJGU ,CJTJWPFGTV X %JT I 9GKDNKEJGT -QRH N OKV -GMT[RJCNQU 8KGTIGVGKNVGU +PEWUWO 50) (KV\Y 2JQMCKC 4QDKPUQP KP 0% XGTIN RN ++ (GKPGT 5VKN HCUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT /CIKUVTCV 2QUGKFQPKQU I 6[EJGMQRH T OKV /CWGT MTQPG +P -TCP\ 'VJPKMQP WPF /QPQITCOO /KNPG 50) %QR 50) X #WNQEM 4 -N &QRRGNUEJNCI CWH FGT 8QTFGTUGKVG CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT


6255

6256

6256

%*+15 Õ 6GVTCFTCEJOG WO X %JT I 5RJKPZ UKV\V N FCXQT #ORJQTG WPF 9GKPVTCWDG 8KGTIGVGKNVGU +PEWUWO $CNFYKP /CXTQIQTFCVQ 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KGUGU 5VÒEM KUV PCEJ 0KEJQNCU *CTFYKEM FCVKGTV 6JG %QKPCIG QH %JKQU HTQO VJG 8+VJ VQ VJG +8VJ %GPVWT[ $ % KP *CEMGPU *TUI 2TQEGGFKPIU QH VJG VJ +PVGTPCVKQPCN 0WOKUOCVKE %QPITGUU 5GRVGODGT 8QNWOG + .QWXCKPG NC 0GWXG 5

1DQN ,CJTJWPFGTV P %JT I 5RJKPZ UKV\V T FCXQT 2TQTC -CPVJCTQU /CXTQIQTFCVQ C )TÒPG 2CVKPC UGJT UEJÌP

6257

5#/15 Õ &TCEJOG X %JT I )GHNÒIGNVG 'DGTRTQVQOG N +P +PEWUWO .ÌYGPOCUMG X X $CTTQP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

6258

%#4+#

/CWUUQNQU X %JT 5CVTCR Õ 6GVTCFTCEJOG I *GNKQUMQRH HCUV X X <GWU .CD TCWPFQU UVGJV T OKV <GRVGT WPF &QRRGNCZV \YKUEJGP <GWU WPF <GRVGT T # N 2 TGVTQITCF $/% XCT 50) X #WNQEM XCT )WVGU UGJT UEJÌP

/CWUUQNQU NKG­ UKEJ KP *CNKMCTPCUUQU FGO JGWVKIGP $QFTWO GKP IGYCNVKIGU )TCDOCN GTTKEJVGP FCU DGTÒJOVG /CWUQNGWO &CU /CWUQNGWO YCT GKPGU FGT UKGDGP 9GNVYWPFGT FGT #PVKMG 'U ÒDGTUVCPF ,CJTJWPFGTVG GTUV KO ,CJTJWPFGTV YWTFG GU FWTEJ GKP 'TFDGDGP \GTUVÌTV &KG 6TÒOOGT FGU /CWUQNGWOU YWTFGP KO ,CJTJWPFGTV XQP FGP ,QJCPPKVGTP CNU $CWOCVGTKCN \WT 'TTKEJVWPI GKPGT $WTI XGTYGPFGV

6260

6259

1,5:1

1,5:1

6259

2KZQFCTQU X %JT 5CVTCR Õ &KFTCEJOG I #RQNNQMQRH HCUV X X <GWU .CDTCWPFQU UVGJV T OKV <GRVGT WPF &QRRGNCZV 50) X #WNQEM #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

2KZQFCTQU YCT FGT LÒPIUVG 5QJP FGU *GMCVQOPQU PCEJ FGO 6QF UGKPGU $TWFGTU *KFTKGWU XGTFT·PIVG GT FGUUGP )GOCJNKP #FC XQP FGT 4GIKGTWPI &GT 4GXGTU FGU 5VÒEMGU \GKIV LGPGP )QVV FGUUGP -WNV UKEJ FKG *GMCVQOPKFGP \W KJTGO (COKNKGPMWNV GTMQTGP JCVVGP <GWU .CDTCWPFQU &CU *GKNKIVWO FGU )QVVGU NCI KP .CDTCPFC D\Y .CDTCWPFC GKPGO 5VCFKGP XQP /[NCUC GPVHGTPVGP 1TV &CU &QRRGNDGKN UQNN FGT -WNVNGIGPFG PCEJ LGPGU UGKP YGNEJGU *GTCMNGU FGT #OC\QPGPMÌPKIKP *KRRQN[VG CDIGTWPIGP WPF FGT 1ORJCNG IGUEJGPMV JCVVG XQP FKGUGT UQNN GU CP CP FKG N[FKUEJGP -ÌPKIG ÒDGTIGICPIGP UGKP UEJNKG­NKEJ UQNN GU XQP )[IGU CNU 8QVKX CP FCU *GKNKIVWO FGU <GWU .CDTCWPFQU ÒDGTIGDGP YQTFGP UGKP

Õ &TCEJOG I #RQNNQMQRH HCUV X X OKV .QTDGGTMTCP\ #EJVUVTCJNKIGT 5VGTP 50) -GEMOCP 44 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG MNGKPGP 0QOKPCNG FGT *GMCVQOPKFGP UKPF XKGN UGNVGPGT CNU FKG 6GVTCFTCEJOGP WPF &KFTCEJOGP

6261

*#.+-#40#5515 U ,CJTJWPFGTV X %JT I 2QUGKFQPMQRH T &TGK\CEM 50) -GEMOCP XGTIN 50) X #WNQEM 5GNVGP KP FKGUGT 'TJCNVWPI )TÒPG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

45


1,5:1

6262

1,5:1

-0+&15 Õ &TCEJOG X %JT I .ÌYGPRTQVQOG T +P +PEWUWO #RJTQFKVGMQRH T %CJP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6263

6264

Õ &TCEJOG X %JT I .ÌYGPMQRH T +P +PEWUWO #RJTQFKVGMQRH T %CJP 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &KFTCEJOG X %JT /CIKUVTCV #IGRJQP I *GNKQUMQRH HCUV X X .ÌYGPRTQVQOG T 50) -GEMOCP XGTIN HH 5GJT UEJÌP

6265

-#/+415 Õ 5VCVGT X %JT I (GKIGPDNCVV <YGKIGVGKNVGU +PEWUWO 50) -GEMOCP 9CIIQPGT 4QUGP %QNN -N &TWEMUVGNNG UGJT UEJÌP

-COKTQU NCI KO HTWEJVDCTGP 0QTFYGUVGP XQP 4JQFQU &CU (GKIGPDNCVV GTUEJGKPV YQJN CWHITWPF FGT TGKEJGP 'TVT·IG CP (GKIGP FKG GU FQTV CWEJ JGWVG PQEJ IKDV CWH FGO #XGTU FGT /ÒP\GP XQP -COKTQU -COKTQU UEJNQ­ UKEJ X %JT OKV +CN[UQU WPF .KPFQU \WT PGWGP 5VCFV 4JQFQU \WUCOOGP

6268

6267

1,5:1

6266

6266

4*1&15 Õ &KFTCEJOG WO X %JT I *GNKQUMQRH HCUV X X 4QUG N *CTRC ÒDGT '; #UJVQP 6JG %QKPCIG QH 4JQFGU 50) -GEMOCP 5GJT UEJÌP

Õ *GOKFTCEJOG X %JT /CIKUVTCV 6KOQMTCVGU I *GNKQUMQRH HCUV X X +P +PEWUWO 4QUG N JTG ! 50) -GEMOCP 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT

Õ *GOKFTCEJOG X %JT /CIKUVTCV &KQIPGVQU I *GNKQUMQRH HCUV X X +P +PEWUWO 4QUG KO (GNF 0KMG ,GPMKPU 4JQFKCP 2NKPVQRJQTQK 50) -GEMOCP -N (NGEMGP CWH FGT 4ÒEMUGKVG XQT\ÒINKEJGU 'ZGORNCT

6269

6270

6271

.;&+#

#N[CVVGU X %JT 'N 5VCVGT X %JT 5CTFGKU I .ÌYGPMQRH T +PEWUWO 50) X #WNQEM 9CIIQPGT 4QUGP %QNN 9GKFCWGT XGTIN HH 2TÒHRWP\GP CWH #XGTU WPF 4CPF UGJT UEJÌP

&KG <WUEJTGKDWPI \W #N[CVVGU KUV FKG VTCFKVKQPGNNG &KGUGU 5VÒEM UVCOOV UKEJGT CWU .[FKGP WPF IGJÌTV KP FKG <GKV XQT -TQKUQU

'N 5VCVGT X %JT 5CTFGKU I .ÌYGPMQRH T +PEWUWO 50) X #WNQEM 9CI IQPGT 4QUGP %QNN 9GKFCWGT XGTIN (CUV UGJT UEJÌP

'N 5VCVGT X %JT 5CTFGKU I .ÌYGPMQRH T +PEWUWO 50) X #WNQEM 9CI IQPGT 4QUGP %QNN 9GKFCWGT XGTIN 2TÒHRWP\G UEJÌP

46


6272

6273

'N 5VCVGT X %JT 5CTFGKU I .ÌYGPMQRH T +PEWUWO 50) X #WNQEM 9CI IQPGT 4QUGP %QNN 9GKFCWGT 2TÒHRWP\GP CWH FGO 4CPF UGJT UEJÌP

'N 5VCVGT X %JT 5CTFGKU I .ÌYGPMQRH T +PEWUWO 50) X #WNQEM 9CI IQPGT 4QUGP %QNN 9GKFCWGT XGTIN 2TÒHRWP\G CWH FGO #XGTU IWVGU UGJT UEJÌP

6274

6274

1,5:1

-TQKUQU X %JT Ô 5VCVGT NGKEJVGT 5VCPFCTF 5CTFGKU I .ÌYGP WPF 5VKGTRTQVQOG GKPCPFGT IGIGPÒDGT <YGK +PEWUC 50) X #WNQEM 44 5GJT CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT -TQKUQU FGT 5QJP FGU #N[CVVGU CWU FGO )GUEJNGEJV FGT /GTOPCFGP YCT FGT NGV\VG -ÌPKI XQP .[FKGP 'U IGNCPI -TQKUQU FCU YGUVNKEJG -NGKPCUKGP DKU CP FGP *CN[U \W WPVGTYGTHGP OKV #WUPCJOG XQP .[MKGP WPF -KNKMKGP &GT 4GKEJVWO FGU N[FKUEJGP -ÌPKIU YCT URTKEJYÌTVNKEJ -TQKUQU JCV GKP WOHCUUGPFGU DKOGVCNNKUEJGU /ÒP\U[UVGO GPVYQTHGP FCU CWH GKPGO UEJYGTGP )QNFUVCVGT XQP I WPF GKPGO NGKEJVGP )QNFUVCVGT XQP I UQYKG GKPGO 5KNDGTUVCVGT XQP I DGK GKPGO 8GTJ·NVPKU XQP )QNF \W 5KNDGT XQP DGTWJVG 'U ICD 5VÒEMGNWPIGP FGT 5VCVGTG DKU JKPCD \WO 5VCVGT &CU OGKUVGTJCHVG 9·JTWPIUU[UVGO FGU -TQKUQU OKV XGTUEJKGFGPGP 0QOKPCNGP HCPF KP FGT #PVKMG PKG YKGFGT UGKPGUINGKEJGP

6275

6277

6276

6277

1,5:1

Õ 5VCVGT 5CTFGKU I .ÌYGP WPF 5VKGTRTQVQOG GKPCPFGT IGIGPÒDGT <YGKIGVGKNVGU +PEWUWO 50) X #WNQEM HH 'VYCU MQTTQFKGTV UGJT UEJÌP

Õ 5VCVGT 5CTFGKU I .ÌYGP WPF 5VKGTRTQVQOG GKPCPFGT IGIGPÒDGT +PEWUWO 9CIIQPGT 4QUGP %QNN (GKPGT 5VKN UGJT UEJÌP

Õ 5VCVGT 5CTFGKU I .ÌYGP WPF 5VKGTRTQVQOG GKPCPFGT IGIGPÒDGT +PEWUWO 50) X #WNQEM 4 /KP MQTTQFKGTV UGJT UEJÌP

6279

6278

6279

)COGTUGU HTÒJGU ,CJTJWPFGTV X %JT U I -QRH FGU )COGTUGU T <GWU UVGJV T OKV <GR VGT WPF #FNGT KO (GNF N 5VGTP -NGKP 44 &WPMNG 2CVKPC (GNFGT DGTKGDGP UGJT UEJÌP

64#..'5 Õ %KUVQRJQT XQT X %JT I +P -TCP\ .ÌYGPHGNN ÒDGT -GWNG 9GKPVTCWDG T YGKDNKEJG )QVVJGKV OKV 5EJNGKGT $/% 50) %QR 50) X #WNQEM #XGTU FG\GPVTKGTV UGJT UEJÌP

6281 6280

1,5:1

1,5:1

.;%+#

/KVJTCRCVC X %JT Õ 5VCVGT X %JT I .ÌYGPUMCNR X X 6TKUMGNKU N &GNRJKP /KNFGPDGTI 8GUVKIKC .GQPKU 6H :::8 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

-;#0'+# Õ &TCEJOG ,CJTJWPFGTV X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ .[TC 6TQZGNN 44 5GJT UEJÌP

47


1,5:1

6282

1,5:1

/;4# Õ &TCEJOG ,CJTJWPFGTV X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ .[TC N -GT[MGKQP 6TQZGNN )WVGU UGJT UEJÌP

6283

6283 1,5:1

2#/2*;.+#

#52'0&15 Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM 8QT\ÒINKEJ

6284

6285

Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM 8QTFGTUGKVG GVYCU FG\GPVTKGTV UGJT UEJÌP

Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM 5GJT UEJÌP

6286

6287

5+&' Õ 5VCVGT X %JT I )TCPCVCRHGN +P +PEWUWO #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO #VNCP )TWRRG +++ 9QJN WPGFKGTV 5GJT UEJÌP

Õ 5VCVGT X %JT I #VJGPC 2CTVJGPQU UVGJV N FCXQT )TCPCVCRHGN WPF Q #RQNNQ UVGJV N OKV 2CVGTC WPF NCPIGO .QTDGGT\YGKI FCXQT #NVCT T #FNGT #VNCP XGTIN 9QJN WPGFKGTV 'VYCU MQTTQFKGTV UGJT UEJÌP

6288

6289

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 0KMG IGJV N OKV -TCP\ KO (GNF N )TCPCVCRHGN $/% HH /KP MQTTQFKGTV UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 0KMG IGJV N OKV -TCP\ KO (GNF N )TCPCVCRHGN $/% HH (CUV XQT\ÒINKEJ UGJT UEJÌP

48


6291

6290 1,5:1

1,5:1

1,5:1

1,5:1

%+.+%+#

0#)+&15 Õ 1DQN X %JT I 2CPMQRH T &KQP[UQUMQRH T OKV 'HGWMTCP\ 50) (TCPEG 50) .GXCPVG )WVGU UGJT UEJÌP

Õ 1DQN X %JT I #RJTQFKVGMQRH T FCJKPVGT 0 &KQP[UQUMQRH T FCXQT 0 50) (TCPEG 50) .GXCPVG (GKPG 2CVKPC XQT\ÒINKEJ

6293

6292

6292

Õ 5VCVGT X %JT I #RJTQFKVG UKV\V N OKV 2CVGTC FCJKPVGT 'TQU &KQP[UQU UVGJV N OKV 4GDGP WPF 6J[TUQU .GFGTGT 5VGORGNDTWEJ XQT\ÒINKEJ

51.1+ Õ 5VCVGT X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO )TGKH CNU *GNO\KGT +P +PEWUWO 9GKPVTCWDG 50) (TCPEG XGTIN 50) .GXCPVG )WV \GPVTKGTVGU HCUV XQT\ÒINKEJGU 'ZGORNCT

6294

6295

6#4515 2JCTPCDC\QU X %JT 5CVTCR Õ 5VCVGT I $CCNVCTU UKV\V N OKV .QVQU\GRVGT -QRH GKPGU -TKGIGTU N OKV *GNO 50) (TCPEG 50) .GXCPVG 8QTFGTUGKVG NGKEJV FG\GPVTKGTV GVYCU MQTTQFKGTV UGJT UEJÌP

&CVCOGU X %JT 5CVTCR Õ 5VCVGT I $CCNVCTU UKV\V T OKV JTG 9GKPVTCWDG WPF #F NGT\GRVGT FCPGDGP 6J[OKCVGTKQP #PC WPF &CVCOGU UVGJGP GKPCPFGT IGIGPÒDGT FC\YKUEJGP 6J[OKCVG TKQP 50) (TCPEG HH 50) .GXCPVG (GKPG 2CVKPC (GNFGT NGKEJV DGCTDGKVGV UGJT UEJÌP

6297

6296

1,5:1

1,5:1

6296

/C\CKQU X %JT 5CVTCR Õ 5VCVGT I $CCNVCTU UKV\V N OKV #FNGT JTG 9GKPVTCWDG WPF <GRVGT .ÌYG N UEJN·IV 5VKGT N 50) .GXCPVG /KP MQTTQFKGTV YKP\ -TCV\GT XQT\ÒINKEJ

&CU $KNF FGU -CORHGU \YKUEJGP .ÌYG WPF 5VKGT YCT KO CNVGP 1TKGPV UGJT XGTDTGKVGV WPF U[ODQNKUKGTVG WTURTÒPINKEJ FGP JGNKCMNKUEJGP 7PVGTICPI FGU 5VGTPDKNFU 6CWTWU FGT \WP·EJUV OKV FGO 6GTOKP FGT (TÒJNKPIUCWUUCCV CWHITWPF FGT 2T·\GUUKQP \WT <GKV FGT #UU[TGT WPF FGT HTÒJGP #EJ·OGPKFGP LGFQEJ GVYC OKV FGO (TÒJNKPIURWPMV \WUCOOGPHKGN &CXKF 7NCPUG[ N·­V FKG (TCIG QHHGP QD FCU 5[ODQN FGU .ÌYG 5VKGT -CORHGU CWH FGP VCTUKUEJGP /ÒP\GP KP FKGUGO 5KPPG GKPG CUVTQPQOKUEJG $GFGWVWPI JCVVG QFGT \W GKPGO JGTCNFKUEJGP 'ODNGO QJPG DGUQPFGTGP $G\WI IGYQTFGP YCT IGJV LGFQEJ FCXQP CWU FC­ FKGUGU 5VKGTVÌVWPIUDKNF GKP 'NGOGPV KP FGO 2TQ\GUU IGYGUGP KUV KP FGUUGP 8GTNCWH FKG /KVJTCUXGTGJTGT FKG 6CWTQMVQPKGU\GPG CNU 5[ODQN HÒT FKG 2T·\GUUKQP CWUY·JNVGP UKGJG JKGT\W WPF \WT WOUVTKVVGPGP &GWVWPI FGU /KVJTCUMWNVDKNFGU CNU 5[ODQN FGT XQP *KRRCTEJ GPVFGEMVGP 2T·\GUUKQP 7NCPUG[ &KG 7TURTÒPIG FGU /KVJTCUMWNVGU -QUOQNQIKG WPF 'TNÌUWPI KP FGT #PVKMG 5VWVVICTV

Õ 1DQN I $CCNVCTU UKV\V N OKV JTG 9GKPVTCWDG WPF <GRVGT .ÌYG N UEJN·IV *KTUEJ N 50) (TCPEG 50) .GXCPVG )WV \GPVTKGTVGU 'ZGORNCT OKV HGKPGT 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

49


6298

6299

5;4+#

-¤0+)4'+%* 5GNGWMQU + X %JT Õ 5VCVGT X %JT $CD[NQP I $CCN UKV\V N OKV <GRVGT .ÌYG N FCTÒDGT FGT UGNGWMKFKUEJG #PMGT *QWIJVQP .QTDGT C 0GYGNN '5/ 50) 5RCGT /KP MQTTQFKGTV UGJT UEJÌP

&CU 5VÒEM YWTFG HÒT FKG $GXÌNMGTWPI $CD[NQPU IGRT·IV FKG CP FKG .ÌYGPUVCVGTG IGYÌJPV YCT

Õ 6GVTCFTCEJOG PCEJ 5GNGWMGKC CF 6KITKO I <GWUMQRH T OKV .QTDGGTMTCP\ #VJGPC KP 'NGHCPVGPSWCFTKIC T OKV 5RGGT WPF 5EJKNF QDGP #PMGT KO #DUEJPKVV DP *QWIJVQP .QTDGT 0GYGNN '5/ 50) 5RCGT 4 $GCTDGKVWPIUURWTGP CO 4CPF UGJT UEJÌP

1,5:1

6300

1,5:1

Õ 1DQN I *GTCMNGUMQRH KO .ÌYGPHGNN T 0KMG UVGJV T OKV .QTDGGTMTCP\ FCXQT # *QWIJ VQP .QTDGT 0GYGNN '5/ 0GYGNN 95/ 50) 5RCGT 5EJGKPV WPGFKGTV (CUV XQT\ÒINKEJ

&KG <WYGKUWPI GTHQNIV XGTUWEJUYGKUG WPF KUV WPIGUKEJGTV &C FCU 5VÒEM LGFQEJ UKEJGT CWU GKPGT ÌUVNKEJGP /ÒP\UV·VVG UVCOOV WPF PKEJV WPVGT #NGZCPFGT IGRT·IV YQTFGP UGKP FÒTHVG JCPFGNV GU UKEJ OKV JQJGT 9CJTUEJGKPNKEJMGKV WO GKPG UGNGWMKFKUEJG 2T·IWPI &C FGT 8QTFGTUGKVGPV[R PWT CWH UGNGWMKFKUEJGP 2T·IWPIGP FGU 5GNGWMQU + XQTMQOOV JCDGP YKT FCU 5VÒEM FKGUGO -ÌPKI \WIGYKGUGP

6301

6302

6303

#PVKQEJQU + X %JT Õ 6GVTCFTCEJOG 5GNGWMGKC CF 6KITKO I -QRH T OKV &KC FGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP *QWIJVQP .QTDGT 0GYGNN '5/ HH 50) 5RCGT 5GJT UEJÌP

Õ 6GVTCFTCEJOG 5GNGWMGKC CF 6KITKO I -QRH T OKV &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP *QWIJVQP .QTDGT 0GYGNN '5/ 50) 5RCGT 5GJT UEJÌP

#PVKQEJQU ++ X %JT Õ 6GVTCFTCEJOG X %JT 5GNGWMGKC CF 6KITKO I -QRH #PVKQEJQU + T OKV &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP *QWIJVQP .QTDGT 0GYGNN '5/ 50) 5RCGT 5GJT UEJÌP

6304

50

5GNGWMQU ++ X %JT Õ 6GVTCFTCEJOG X %JT WPDGUVKOOVG /ÒP\UV·VVG KO PQTF YGUVNKEJGP -NGKPCUKGP I -QRH T OKV &KCFGO #RQNNQ UVGJV N OKV 2HGKN CP &TGKHW­ IGNGJPV /QPQ ITCOO *QWIJVQP .QTDGT 50) 5RCGT 44 &QRRGNUEJNCI CWH FGO #XGTU IWVGU UGJT UEJÌP


6305

6306

Õ 6GVTCFTCEJOG WPDGUVKOOVG /ÒP\UV·VVG I -QRH T OKV &KCFGO #RQNNQ UVGJV N OKV 2HGKN CP &TGKHW­ IGNGJPV FCXQT /QPQITCOO T /QPQITCOO *QWIJVQP .QTDGT C 0GYGNN 95/ 50) 5RCGT 44 5GJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG WPDGUVKOOVG /ÒP\UV·VVG I -QRH T OKV &KCFGO #RQNNQ UVGJV N OKV 2HGKN CP &TGKHW­ IGNGJPV FCXQT /QPQITCOO T Z ÒDGT 1 *QWIJVQP .QTDGT I 0GYGNN 95/ 50) 5RCGT 44 5GJT UEJÌP

6307

6308

#PVKQEJQU *KGTCZ X %JT Õ 6GVTCFTCEJOG #NGZCPFTKC 6TQCU I -QRH T OKV IGHNÒ IGNVGO &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP N \YGK /QPQITCOOG KO #DUEJPKVV ITCUV 2HGTF T *QWIJVQP .QTDGT KTTVÒONKEJG 4GXGTUDGUEJTGKDWPI 0GYGNN 95/ 50) 5RCGT 4 'VYCU MQTTQFKGTV HCUV UGJT UEJÌP

*QWIJVQP WPF .QTDGT IGDGP FCU 2HGTF KO #DUEJPKVV CNU PCEJ N ITCUGPF CP FCU 2HGTF CWH FGO CNU 4GHGTGP\ CPIGHÒJTVGP 5VÒEM *QWIJVQP ITCUV CDGT GKPFGWVKI T

#PVKQEJQU +++ X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC I -QRH T OKV &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP *QWIJVQP .QTDGT 0GYGNN 95/ 50) 5RCGT *QJGU 4GNKGH GVYCU DGCTDGKVGV UGJT UEJÌP HCUV UGJT UEJÌP

6309

6310

Õ 6GVTCFTCEJOG PCEJ X %JT 'FGUUC ! I -QRH T OKV &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP N 4QUG *QWIJVQP .QTDGT 0GYGNN '5/ HH 50) 5RCGT XGTIN HH (GKPG 2CVKPC JGTXQTTCIGPFGT 5VKN IWVGU UGJT UEJÌP UGJT UEJÌP

#PVKQEJQU +8 X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N /ÎTMJQNO 50) 5RCGT (CUV XQT\ÒINKEJ

6311

6312

&GOGVTKQU + X %JT Õ 6GVTCFTCEJOG ,CJT UGNGWMKFKUEJGT TC X %JT #PVKQEJKC I -QRH T OKV &KCFGO 6[EJG UKV\V N OKV <GRVGT WPF (ÒNNJQTP 0GYGNN #PVKQEJ 50) 5RCGT 5GJT UEJÌP

#NGZCPFGT + X %JT Õ 5EJGMGN ,CJT UGNGWMKFKUEJGT TC X %JT 6[TQU I &TCRKGTVG $ÒUVG T OKV &KCFGO #FNGT OKV 2CNO\YGKI CWH 2TQTC N FCXQT -GWNG WPF /QPQ ITCOO 0GYGNN 6[TG 50) 5RCGT 4ÒEMUGKVG OKP MQTTQFKGTV UGJT UEJÌP

51


6314

6313

&GOGVTKWU ++ 4GIKGTWPI X %JT Õ 5EJGMGN ,CJT UGNGWMKFKUEJGT TC X %JT 6[TQU I &TCRKGTVG $ÒUVG T OKV &KCFGO #FNGT UVGJV N CWH 2TQTC ÒDGT FGT 5EJWNVGT <YGKI KO (GNF N -GWNG 0GYGNN 6[TG 50) 5RCGT 4ÒEMUGKVG GVYCU FG\GPVTKGTV UGJT UEJÌP

#PVKQEJQU 8++ X %JT Õ 6GVTCFTCEJOG #PVKQEJKC I -QRH T OKV &KCFGO #VJGPC 0KMGRJQTQU UVGJV N 0GYGNN #PVKQEJ 50) 5RCGT (GKPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

6315

6316

6317

&GOGVTKQU ++ 4GIKGTWPI X %JT Õ 6GVTCFTCEJOG #PVKQEJKC I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N 0GYGNN #PVKQEJ 50) 5RCGT (CUV UGJT UEJÌP

#PVKQEJQU 8+++ 4GIKGTWPI X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC I -QRH T OKV &KCFGO +O -TCP\ <GWU 7TCPKQU UVGJV N OKV <GRVGT WPF 5VGTP 0GYGNN #PVKQEJ 50) 5RCGT -N -TCV\GT HCUV UGJT UEJÌP

#PVKQEJQU +: X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC I -QRH T OKV &KCFGO #VJGPC 0KMGRJQTQU UVGJV N 0GYGNN #PVKQEJ 50) 5RCGT #XGTU OKP MQTTQFKGTV UGJT UEJÌP

6318

6319

5GNGWMQU 8+ X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N 0GYGNN #PVKQEJ 50) 5RCGT 4 4GXGTU NGKEJV FG\GPVTKGTV HCUV UGJT UEJÌP

2JKNKRRQU + X %JT Õ 6GVTCFTCEJOG #PVKQEJKC I -QRH T OKV &KCFGO <GWU 0KMG RJQTQU UKV\V N 0GYGNN #PVKQEJ 50) 5RCGT 5GJT UEJÌP

4ÌOKUEJG 2TQXKP\ PCEJ X %JT Õ 6GVTCFTCEJOG X %JT #PVKQEJKC #WNWU )CDKPKWU I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N 42% #XGTU OKP MQTTQFKGTV FGPPQEJ CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

Õ 6GVTCFTCEJOG X %JT #PVKQEJKC #WNWU )CDKPKWU I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N 42% 'VYCU MQTTQFKGTV WPF GVYCU *QTPUKNDGT UGJT UEJÌP XQT\ÒINKEJ

6320

52

6321


6323

6322

2*1'0+%+#

#4#&15 Õ 6GVTCFTCEJOG ,CJT X %JT I 8GTUEJNGKGTVG 6[EJGDÒUVG T OKV /CWGTMTQPG +O -TCP\ 0KMG UVGJV N OKV #RJNCUVQP $/% 'VYCU (WPFDGNCI CWH FGO 4GXGTU UGJT UEJÌP

$;$.15 #\DCCN WO X %JT Õ 5VCVGT I )CNGGTG N OKV FTGK *QRNKVGP FCTWPVGT *KRRQ ECOR N PGDGP FGUUGP 5EJYCP\ 01 .ÌYG N UEJN·IV 5VKGT N $/% XCT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

6324

6326

6325

5+&10 $CCNUJCNNKO ++ X %JT Õ 5EJGMGN I )CNGGTG N ÒDGT 9GNNGP )TQ­MÌPKI WPF .GPMGT KP $KIC N $GVN[QP KP #05/0 5GJT UEJÌP

6;415 #\GOKNMQU PCEJ X %JT Õ 5VCVGT ,CJT X %JT I /GNSCTV CWH *KRRQECOR T OKV 2HGKN WPF $QIGP WPVGP 9GNNGP WPF &GNRJKP 'WNG T OKV -TWOOUVCD WPF &TGUEJHNG IGN $/% 50) %QR -N 5EJTÌVNKPIUHGJNGT CWH FGT 8QTFGTUGKVG UGJT UEJÌP

<WT <WYGKUWPI WPF &CVKGTWPI UKGJG #PFT¾ .GOCKTG .G /QPPC[CIG FG 6[T GV EGNWK FKV F #MMQ FCPU NC FGWZK½OG /QKVK¾ FW +8G 5K½ENG CX , % KP 40 5 6[TQU YKFGTUGV\VG UKEJ #NGZCPFGT FGO )TQ­GP FKG 5VCFV YWTFG DGNCIGTV WPF KO ,WNK QFGT #WIWUV X %JT GTQDGTV 'KPYQJPGT YWTFGP IGVÌVGV KP FKG 5MNCXGTGK XGTMCWHV PWT YGPKIG YWTFGP XGTUEJQPV W C #\GOKNMQU FGT KO /GNMCTVJ *GKNKIVWO <WHNWEJV IGUWEJV JCVVG

7PDGUVKOOVGT -ÌPKI Õ 5VCVGT X %JT I /GNSCTV CWH *KRRQECOR T OKV 2HGKN WPF $QIGP WPVGP 9GNNGP WPF &GNRJKP 'WNG T OKV -TWOOUVCD WPF &TGUEJHNGIGN $/% 50) %QR /KP MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6327

1,5:1

6327

+7&#'#

5#/#4+# 5JGNGO[CJ DCT 5CPDCNNCV WO X %JT Õ 1DQN I +O 2GTNSWCFTCV .ÌYG UKV\V T FCTÒDGT 5EJKP .COGF +O 2GTNSWCFTCV .ÌYG UKV\V T FCTÒDGT 5EJKP .COGF FG\GPVTKGTV /GUJQTGT 3WGFCT 44 (GKPG 6ÌPWPI 4GXGTU UVCTM FG\GPVTKGTV GTUEJGKPV FCJGT INCVV XQT\ÒINKEJ

5JGNGO[CJ YCT FGT 5QJP FGU KP FGT $KDGN GTY·JPVGP *QTQPKVGTU 5CPDCNNCV 0GJGOKCJ +PVGTGUUCPV KUV FC­ 5CPDCNNCV PQEJ GKPGP 0COGP VT·IV FGT UKEJ CWH FKG DCD[NQPKUEJG 4GNKIKQP DG\KGJV 5KP WDCNNKV &GT /QPFIQVV 5KP JCV .GDGP IGIGDGP Y·JTGPF UGKP 5QJP 5JGNGO[CJ GKPGP 0COGP VT·IV FGT UKEJ DGTGKVU CWH FKG LÒFKUEJG 4GNKIKQP DG\KGJV

5JGN GO [CY \WTÒEMIGIGDGP FWTEJ ;CJYG

6328

6329

#WHUVCPF Õ 5EJGMGN ,CJT 0KUCP 0KUCP ,GTWUCNGO I -GNEJ <YGKI OKV )TCPCV·RHGNP /GUJQTGT 6TGCUWT[ 50) #05 8QT\ÒINKEJGU 'ZGORNCT CWH DTGKVGO (NCP

&GT 0KUCP FGT ,CJTGUCPHCPI UEJYCPMVG WO 6CIG WO FKG (TÒJLCJTUCGSWKPQMVKGP H·NNV CNUQ KP FKG <GKV /KVVG /·T\ DKU /KVVG #RTKN &GT 0KUCP CNU ,CJTGUCPHCPI IGJV CWH FGP DCD[NQPKUEJGP -CNGPFGT \WTÒEM WPF ICNV KP XKGNGP CNVQTKGPVCNKUEJGP .·PFGTP

#WHUVCPF $CT -QMJDC U I (ÒT FKG (TGKJGKV ,GTWUCNGOU $NCVV 5EJKOyQP 2CNOG /KNFGPDGTI $TCWPG 2CVKPC UGJT UEJÌP

53


6330

1,5:1

1,5:1

#4#$+# ('.+:

*+/;#4+6'0 Õ *GOKFTCEJOG ,CJTJWPFGTV P %JT I /·PPNKEJGT -QRH N $WMTCPKQP OKV #PVKNQRGPJÌTPGTP X X $/% 50) #05 5GJT UEJÌP

6331

1,5:1

1,5:1

$#$;.10+#

$#$;.10 Ô &CTGKMG PCEJ X %JT I )TQ­MÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO OKV 9GNNGP 8GTIN 50) .QEMGVV XGTIN 9GDGT %QNN /KVEJKPGT +PFQITGGMU XGTIN 0KEQNGV 2KGTTG XGTIN HH 44 -N )GIGPUVGORGN CWH FGO #XGTU MN 2T·IGUEJY·EJG CWH FGO #XGTU UGJT UEJÌPGU 'ZGORNCT

6332

2#46*+#

1TQFGU ++ X %JT Õ &TCEJOG 'MDCVCPC I &TCRKGTVG $ÒUVG N OKV &KCFGO \YKUEJGP 5VGTP WPF /QPFUKEJGN #TUCMGU UKV\V T OKV $QIGP 5GNNYQQF 5JQTG 5GJT UEJÌP

6333

1,5:1

6333

2'45+5

8CJDQT\ 1DQT\CU EC X %JT Õ 6GVTCFTCEJOG I -QRH T OKV .GFGTMCRRG WPF &KCFGO (GWGTCNVCT \YKUEJGP -ÌPKI WPF 5VCPFCTVG #NTCO 4 *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP &KG 7OUEJTKHV FGT 4ÒEMUGKVG KUV CWH FKGUGO 'ZGORNCT CWUPCJOUYGKUG IWV NGUDCT

6335

6334

6334 1,5:1

6335

2'45+#

#EJ·OGPKFGP Ô &CTGKMG I )TQ­MÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO 50) $GTT[ )WVGU UGJT UEJÌP

5#5#0+&'0 54

0CTUGJ Õ &TCEJOG I )GMTÌPVG $ÒUVG T (GWGTCNVCT DGKFGTUGKVU -ÌPKIG )ÌDN 4 5GJT UEJÌP


1,5:1

6336

1,5:1

$#%64+#

&KQFQVQU + WO X %JT Ô CVVKUEJGT 5VCVGT OKV 6KVGN #PVKQEJQU ++ $CNMJ I -QRH FGU &KQ FQVQU + T OKV &KCFGO BASILEWS ANTIOXOU <GWU UVGJV N WPF UEJNGWFGTV $NKV\ FCXQT 0 WPF #FNGT $0 $CEV /KVEJKPGT +PFQITGGM C 50) #05 4 #VVTCMVKXGU 'ZGORNCT YKP\ -TCV\GT CWH FGO 2QTVT·V XQT\ÒINKEJ #NU &KQFQVWU UKEJ XQP #PVKQEJQU NÌUVG RT·IVG GT \WP·EJUV PQEJ /ÒP\GP KO 0COGP FGU 5GNGWMKFGP UGV\VG CDGT UGKP GKIGPGU 2QTVT·V CWH FKG /ÒP\GP

6337

&GOGVTKQU + X %JT 6TKEJCNMQP 2CPLJKT I 'NGHCPVGPMQRH T -GT[MGKQP $0 $CEV & /KVEJKPGT +PFQITGGM 6[R 50) #05 4 5GJT UEJÌP

6338

6340

6339

+0&+#

/GPCPFGT X %JT Õ KPFKUEJG &TCEJOG 2WUJMCNCXCVK I &TCRKGTVG $ÒUVG T OKV *GNO #VJGPC #NMKFGOQU N OKV 5EJKNF WPF $NKV\ $0 $CEV % /KVEJKPGT +PFQITGGM F 50) #05 8QT\ÒINKEJ UGJT UEJÌP

*GTOCKQU X %JT Õ KPFKUEJG 6GVTCFTCEJOG -CRKUC I &TCRKGTVG $ÒUVG T OKV &KCFGO <GWU VJTQPV JCNDN OKV <GRVGT $0 $CEV * /KVEJKPGT +PFQITGGM E 50) #05 2T·IGUEJY·EJG HCUV UGJT UEJÌP

5E[VJGP #\GU ++ P %JT Õ KPFKUEJG 6GVTCFTCEJOG 6CZKNC I -ÌPKI TGKVGV T OKV 2GKV UEJG #VJGPC UVGJV T OKV 5EJKNF WPF 5RGGT $QRGCTCEJEJK +PFKCP %QKPU XCT /KVEJKPGT +PFQITGGM I 5GJT UEJÌP

6341

6342

#');2675

2VQNGOCKQU + X %JT Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I #NGZCPFGT MQRH T OKV 'NGHCPVGPUMCNR #VJGPC #NMKFGOQU T FCXQT *GNO /QPQITCOO WPF #FNGT 50) %QR 5XQTQPQU 5EJÌPG 6ÌPWPI CO 4CPF OKP MQTTQFKGTV HCUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I #NGZCPFGTMQRH T OKV 'NGHCPVGPUMCNR #VJGPC #NMKFGOQU T FCXQT *GNO /QPQITCOO WPF #FNGT 50) %QR 5XQTQPQU 5EJÌPG 6ÌPWPI MTGW\HÌTOKIG 2WP\G CWH FGO #XGTU YKP\ -TCV\GT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

55


6343 1,5:1

1,5:1

Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I #NGZCPFGTMQRH T OKV 'NGHCPVGPUMCNR #VJGPC #NMKFGOQU T FCJKPVGT 5EJKNF FCXQT *GNO WPF DI 50) %QR 5XQTQPQU 8QT\ÒINKEJGU 2TCEJVGZGORNCT

6344 1,5:1

1,5:1

2VQNGOCKQU ++ X %JT HÒT #TUKPQÀ ++ Ô 1MVQFTCEJOG X %JT #NGZCPFTKC I -QRH T OKV &KCFGO WPF 5EJNGKGT FCJKPVGT - &QRRGNHÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU 6TQZGNN 2N #XGTU UVGORGNINGKEJ 5GJT UEJÌPGU 'ZGORNCT &KGUGU ITQ­G CPVKMG )QNFPQOKPCN YWTFG \WGTUV WPVGT 2VQNGOCKQU ++ X %JT PCEJ X %JT CWUIGRT·IV CNU GT UGKPG 5EJYGUVGTIGOCJNKP #TUKPQG ++ PCEJ KJTGO 6QF \W IÌVVNKEJGP 'JTGP CWHUVGKIGP NKG­ &KGUGT 6[R YWTFG KOOGT YKGFGT CWHIGITKHHGP UQ CWEJ WPVGT 2VQNGOCKQU 8+++ 'KPG 1MVQFTCEJOG &TCEJOGP YCT FGT )GIGPYGTV XQP GKPGT /KPG F J &TCEJOGP KP 5KNDGT FCJGT CWEJ FGT CPVKMG 0COG /PCKQP FGT KP 2CR[TK OGJTHCEJ XQTMQOOV +P FGT ·I[RVKUEJGP -WRHGTY·JTWPI GPVURTCEJ FCU 5VÒEM 6CNGPVGP -WRHGT QFGT -WRHGTFTCEJOGP

1,5:1

6345

1,5:1

U MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T OKV 5EJNGKGT #FNGT N 50) %QR 5XQTQPQU XGTIN 9GKUGT 44 5GJT UEJÌP

6346

6346 1,5:1

2VQNGOCKQU +++ X %JT HÒT 2VQNGOCKQU ++ #TUKPQG ++ 2VQNGOCKQU + WPF $GTGPKMG + Ô 1MVQFTCEJOG #NGZCPFTKC I $ÒUVGP FGU 2VQNGOCKQU ++ WPF FGT #TUKPQG ++ T FCJKPVGT 5EJKNF $ÒUVGP FGU 2VQNGOCKQU + WPF FGT $GTGPKMG + T 50) %QR 5XQTQPQU 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT &KGUG KPVGTGUUCPVGP 1MVQFTCEJOGP YWTFGP YCJTUEJGKPNKEJ \WO ITÌ­VGP 6GKN WPVGT 2VQNGOCKQU +++ IGRT·IV FGT FCOKV UGKPG 8QTHCJTGP GJTV 'KP MNGKPGT 6GKN KUV CDGT OÌINKEJGTYGKUG DGTGKVU WPVGT 2VQNGOCKQU ++ IGRT·IV YQTFGP FGO FKG 5VÒEMG CWEJ DGK 5XQTQPQU \WIGYKGUGP YGTFGP

56


6347 1,5:1

1,5:1

HÒT $GTGPKMG ++ Ô 1MVQFTCEJOG #NGZCPFTKC I &TCRKGTVG $ÒUVG T OKV &KCFGO WPF 5EJNGKGT (ÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU 44 5GJT CVVTCMVKXGU 'ZGORNCT -N $GCTDGKVWPIUUVGNNG CO 4CPF XQT\ÒINKEJGU 2TCEJVGZGORNCT XQP JGTXQTTCIGPFGO 5VKN $GTGPKMG ++ YWTFG WO X %JT CNU 6QEJVGT FGU /CICU XQP -[TGPG WPF FGT U[TKUEJGP 2TKP\GUUKP #RCOC IGDQTGP 7O X %JT YWTFG UKG XQP /CICU OKV 2VQNGOCKQU +++ XGTNQDV PCEJ FGO 6QF KJTGU 8CVGTU YWTFG FKGUG 8GTNQDWPI LGFQEJ IGNÌUV WPF KJTG /WVVGT XGTJGKTCVGVG $GTGPKMG OKV GKPGO $TWFGT FGU #PVKIQPQU )QPCVCU FGT LGFQEJ DCNF GTOQTFGV YWTFG $GTGPKMG JGKTCVGVG X %JT 2VQNGOCKQU +++ FGT KP FGP &TKVVGP 5[TKUEJGP -TKGI \QI WPF FKG 4GIKGTWPIUIGUEJ·HVG KP FGT *GKOCV UGKPGT )GOCJNKP ÒDGTNKG­ #WU FKGUGT <GKV UVCOOV FKG )GUEJKEJVG XQP FGT .QEMG FGT $GTGPKMG &KG -ÌPKIKP IGNQDVG HÒT FKG INÒEMNKEJG *GKOMGJT KJTGU /CPPGU GKPG *CCTNQEMG \W QRHGTP FKG KP FGP 6GORGN FGT #TUKPQG IGDTCEJV YWTFG FQTV LGFQEJ CO P·EJUVGP 6CI XGTUEJYWPFGP YCT &GT /CVJGOCVKMGT WPF *QHCUVTQPQO -QPQP XQP 5COQU UQNN FKG .QEMG CNU 5VGTPDKNF CO *KOOGN YKGFGTGPVFGEMV JCDGP #WU FGT 'JG OKV 2VQNGOCKQU +++ IKPIGP UGEJU -KPFGT JGTXQT W C 2VQNGOCKQU +8 FGT LGFQEJ UGKPG /WVVGT DCNF PCEJ FGO 6QF FGU 2VQNGOCKQU +++ GTOQTFGP NKG­ $GTGPKMG YWTFG DGTGKVU \W .GD\GKVGP MWNVKUEJ XGTGJTV 2VQNGOCKQU +8 TKEJVGVG X %JT CPN·­NKEJ FGT 2VQNGOCKC GKP 2TKGUVGTCOV FKG #VJNQRJQTG FGT $GTGPKMG 'WGTIGVKU GKP YGNEJG KO 4CPI PQEJ XQT FGO 2TKGUVGTCOV FGT #TUKPQG ++ TCPIKGTVG

6348 1,5:1

1,5:1

2VQNGOCKQU 8 X %JT Õ 6GVTCFTCEJOG RJÌPK\KUEJG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG 2VQNGOCKQU 8 T OKV &KCFGO #FNGT CWH $NKV\ N /QTMJQNO ++ # 2 50) %QR 5XQTQPQU 4 8QT\ÒINKEJ

6349 1,5:1

1,5:1

2VQNGOCKQU 8+ X %JT HÒT #TUKPQÀ Ô 1MVQFTCEJOG #NGZCPFTKC I -QRH T OKV &KCFGO WPF 5EJNGKGT FCJKPVGT - &QRRGNHÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU 4 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT )QNFVÌPWPI &KGUGU ITQ­G CPVKMG )QNFPQOKPCN YWTFG \WGTUV WPVGT 2VQNGOCKQU ++ X %JT PCEJ X %JT CWUIGRT·IV CNU GT UGKPG 5EJYGUVGTIGOCJNKP #TUKPQG ++ PCEJ KJTGO 6QF \W IÌVVNKEJGP 'JTGP CWHUVGKIGP NKG­ &KGUGT 6[R YWTFG KOOGT YKGFGT CWHIGITKHHGP UQ CWEJ WPVGT 2VQNGOCKQU 8+ 'KPG 1MVQFTCEJOG &TCEJOGP YCT FGT )GIGPYGTV XQP GKPGT /KPG F J &TCEJOGP KP 5KNDGT FCJGT CWEJ FGT CPVKMG 0COG /PCKQP FGT KP 2CR[TK OGJTHCEJ XQTMQOOV +P FGT ·I[RVKUEJGP -WRHGTY·JTWPI GPVURTCEJ FCU 5VÒEM 6CNGPVGP -WRHGT QFGT -WRHGTFTCEJOGP

57


6350

-NGQRCVTC 8++ X %JT &KQDQN #NGZCPFTKC I &TCRKGTVG $ÒUVG T #FNGT N CWH $NKV\ FCXQT &QRRGNHÒNNJQTP 50) %QR 5XQTQPQU 9GKUGT 4 #VVTCMVKXGU 2QTVT·V HCUV UGJT UEJÌP UEJÌP

6351 1,5:1

6352

1,5:1

6353

%;4'0#+%#

-;4'0' Ô .KVTC X %JT /CIKUVTCV 6JGWRGKFGU -CTPGKQUMQRH N -[TGPGMQRH T 0CXKNNG D FKGU 'ZGORNCT 5GJT UEJÌPGU 'ZGORNCT

Õ &KFTCEJOG X %JT I -CTPGKQUMQRH T 5KNRJKWO T 5VGTP FCTWPVGT 2# $/% HH 50) %QR (GKPG 2CVKPC HCUV UGJT UEJÌP

<WT <GKV FGT 2T·IWPI FKGUGU 5VÒEMGU YCT /CICU GKP *CNDDTWFGT FGU 2VQNGOCKQU + )QWXGTPGWT XQP -[TGPG &GT 5KNRJKWOJCPFGN OCEJVG -[TGPG TGKEJ KP 4QO YWTFG 5KNRJKWO OKV 5KNDGT CWHIGYQIGP &KG 2HNCP\G ICNV NCPIG CNU CWUIGUVQTDGP UKG UQNN LGFQEJ KP .KD[GP YKGFGTGPVFGEMV YQTFGP UGKP 5KRJKWO YWTFG UQYQJN CNU )GYÒT\ CNU CWEJ CNU *GKNOKVVGN XGTYGPFGV ªDGT FKG 8GTYGPFWPI CNU )GYÒT\ DGTKEJVGV WPU FGT /GKUVGTMQEJ #RKEKWU KP UGKPGO 9GTM &G TG EQSWKPCTKC &CU IGIGPÒDGT FGO M[TGP·KUEJGP OKPFGTYGTVKIGTG RCTVJKUEJG 5KNRJKWO (GTWNC CUCHQGVKFC YKTF JGWVG PQEJ KP FGT KPFKUEJGP -ÒEJG GKPIGUGV\V WPVGT FGT $G\GKEJPWPI *KPI DGUQPFGTU DGK )GTKEJVGP OKV *ÒNUGP HTÒEJVGP GU JCV GKPGP KPVGPUKXGP MPQDNCWEJCTVKIGP )GUEJOCEM &GT JQJG 2TGKU FGU 5KNRJKWOU GTMN·TV UKEJ CDGT YQJN JCWRVU·EJNKEJ FWTEJ UGKPG 8GTYGPFWPI CNU 8GTJÒVWPIUOKVVGN UKGJG 4KFFNG %QKPU CPF %QPVTCEGRVKXGU 6JG 2NCPV VJCV OCFG -[TGPG (COQWU KP 6JG %GNCVQT 8QN 5 H 'KPG RKMCPVG #PURKGNWPI FCTCWH HKPFGV UKEJ DGK %CVWNN %CTOKPC 5CIGP UQNN KEJ YKG XKGNG FGKPGT -ÒUUG .KGDUVG .GUDKC OKT IGPWI UKPF WPF \WXKGN UKPF! 5Q XKGN -ÌTPGT 5CPFGU FKG .KD[UEJG 9ÒUVG +P FGO 5KNRJKWOVTCIGPFGP %[TGPG <YKUEJGP #OOQPU 1TCMGN WPF FGU CNVGP $CVVWU JQEJIGJGKNKIVGO )TCDOCN CWHYGKUV

Õ &KFTCEJOG X %JT I -CTPGKQUMQRH N 5KNRJKWO N /QPQITCOO T 5VGTP $/% 50) %QR #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6354 1,5:1

6355 1,5:1

1,5:1

1,5:1

<'7)+6#0+#

-#46*#)1 Ô 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T \WTÒEMDNKEMGPF ,GPMKPU .GYKU (CUV XQT\ÒINKEJ

Ô 5VCVGT X %JT I 2CNOG 2HGTFGMQRH T ,GPMKU .GYKU

5GJT UEJÌP

Ô 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T ,GPMKPU .GYKU 5GJT UEJÌP

1,5:1

58

6356

1,5:1


6357

6358

6358

1,5:1

1,5:1

Ô 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T ,GPMKPU .GYKU )TWRRG 8+ 5GJT UEJÌP

U X %JT I 6CPKVMQRH N 2HGTFGMQRH T 50) %QR

6359

5GJT UEJÌP

6361

6360

6362

07/+&+#

,WDC + X %JT Õ &GPCT I &TCRKGTVG $ÒUVG T OKV &KCFGO WPF <GRVGT #EJVU·WNKIGT 6GORGN /C\CTF 50) %QR XGTIN *GTTNKEJG 2CVKPC UGJT UEJÌP

,WDC ++ X P %JT Õ &GPCT WO I -QRH T OKV &KCFGO (ÒNNJQTP XQT <GRVGT T QDGP *CNDOQPF /C\CTF 50) %QR (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ

Õ &GPCT I -QRH T OKV &KCFGO #XGTUKPEWUWO #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

,WDC ++ X P %JT WPF -NGQRCVTC 5GNGPG Õ &GPCT I -QRH T OKV &KCFGO 5VGTP ÒDGT /QPFUKEJGN /C\CTF 50) %QR *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

-NGQRCVTC 5GNGPG KJT XQNNUV·PFKIGT 0COG YCT FKG 6QEJVGT FGU /CTE #PVQP WPF FGT -NGQRCVTC WPF YWTFG XGTOWV NKEJ X %JT IGDQTGP #WIWUVWU FGT UKG KP UGKPGO 6TKWORJ X %JT OKVHÒJTVG XGTJGKTCVGVG UKG X %JT OKV ,WDC ++

1,5:1

6363

1,5:1

Õ &GPCT WO I -QRH T OKV &KCFGO -TQMQFKN N /C\CTF 50) %QR (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ

1,5:1

6364

1,5:1

#:7/

'PFWDKU WO Ô 6TGOKUUKU I $GKFGTUGKVU FTCRKGTVG $ÒUVG T OKV -QRHVWEJ \YKUEJGP JTGP /WPTQ *C[ ,WGN ,GPUGP 6[R #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT 59


.165 )4+'%*+5%*'4 /ª0<'0

.QV .[MKGP 'PVJCNVGP UKPF \YGK XQTF[PCUVKUEJG 2T·IWPIGP Z 'DGTRTQVQOG N Z 'DGTRTQVQOG T GKPG *GOKFTCEJOG ! FGU -JGTGK XKGT &TCEJOGP FGT N[MKUEJGP .KIC 6NQU Z 2CVCTC -TCIQU 5VÒEM /GKUV UGJT UEJÌP

.QV ITKGEJKUEJGT 5KNDGT WPF $TQP\GOÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV W C \YGK &KFTCEJOGP XQP *GTCMNGKC .WECPKC GKPG &KFTCEJOG XQP 5GNKPWU 5KEKNKC GKPGP 5VCVGT XQP 6JGDGP $QGQVKC GKPGP 1DQN XQP 6JGURKCK $QGQVKC GKPGP 6TKQDQN XQP #TIQU UQYKG GKPG &TCEJOG FGU ,WDC ++ GVE #WEJ XKGT TÌOKUEJG 2TQXKP\KCNRT·IWPIGP FCDGK \YGK CNGZCPFTKPKUEJG 6GVTCFTCEJOGP FGU 0GTQ UKPF GPVJCNVGP $KVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV ITKGEJKUEJGT 5KNDGT WPF $TQP\GOÒP\GP 6JTCEKC $[\CPVKQP &TCEJOG 2CRJNCIQPKC 5KPQRG &TCEJOG #GIKPC 5VCVGT $KVJ[PKC 2TWUKCU U +WFCGC 2QPVKWU 2KNCVWU 2TWVCJ <YGKVG 4GXQNVG U 5[TKC 5GNGWMQU + 6GVTCFTCEJOG 'NGHCPVGPSWCFTKIC #GI[RVWU 2VQNGO·GT U 5VÒEM /GKUV UGJT UEJÌP

.QV ITKGEJKUEJGT 5KNDGT WPF $TQP\GOÒP\GP &CU .QV GPVJ·NV W C GKPG 6GVTCFTCEJOG XQP 6JCUQU GKPG *GOKFTCEJOG FGT CEJCKUEJGP .KIC HGTPGT 5KNDGTOÒP\GP XQP -QNQRJQP 5KM[QP 6CTGPV /CUKM[VGU /KNGV GVE UQYKG XKGNG XGTUEJKGFGPG VGKNU UGNVGPG $QP\GOÒP\GP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVK IGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

-NGKPG 5COONWPI ITKGEJKUEJGT 5KNDGT WPF $TQP\GOÒP\GP &KG 5COONWPI GPVJ·NV W C 5KNDGTOÒP\GP XQP 6CTGPV 5COQU #NGZCPFGT FGO )TQ­GP #RQNNQPKC 2QPVKEC FGT 6JGUUCNKUEJGP .KIC XQP *KUVKCKC -QTKPVJ 5KM[QP GVE 7PVGT FGP $TQP\GP HKPFGP UKEJ W C HÒPH 5VÒEMG XQP -CTVJCIQ UQYKG \YGK 5VÒEMG XQP #VJGP 5GJT KPVGTGUUCPVGU 1DLGMV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

5COONWPI ITKGEJKUEJGT -NGKPUKNDGTOÒP\GP &KG 5COONWPI GPVJ·NV ITKGEJKUEJG -NGKPUKNDGTOÒP\GP CWU XKGNGP 6GKNGP FGT ITKGEJKUEJGP 9GNV UQ \ $ CWU /GUGODTKC #VJGP /KNGV /CIPGUKC CF /CGCPFTWO 2JQMCKC %JKQU FKXGTUG MCTKUEJG N[MKUEJG RJÌPK\KUEJG WPF RGTUKUEJG -NGKPOÒP\GP WPF XKGNGU OGJT *QEJKPVGTGUUCPVGU CNU )TWPFUVQEM HÒT FGP #WHDCW GKPGT 5COONWPI ITKGEJKUEJGT -NGKPOÒP\GP JGTXQTTC IGPF IGGKIPGVGU 1DLGMV FCU WPDGFKPIV DGUKEJVKIV YGTFGP UQNNVG 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

5COONWPI OGKUV ITKGEJKUEJGT 5KNDGTOÒP\GP 'PVJCNVGP UKPF W C GKPG MGNVKUEJG &TCEJOG 8GNKC &KFTCEJOG PCEJITCXKGTV 2CTKQP *GOKFTCEJOG -PKFQU *GOKFTCEJOG &TCEJOGP WPF GKPG 6GV TCFTCEJOG #NGZCPFGTU FGU )TQ­GP UKGDGP UGNGWMKFKUEJG &TCEJOGP W C 5GNGWMQU + #NGZCPFGTV[R GKPG 6GVTCFTCEJOG #NGZCPFGTU FGU )TQ­GP &TCEJOGP FGT MCRRCFQMKUEJGP -ÌPKIG GKP 5VCVGT FGT VJGUUCNKUEJGP .KIC HGTPGT GKPG VJGDCPKUEJG *GOKFTCEJOG GKPG /ÒP\G XQP #TIQU CEJV 2T·IWPIGP XQP 'RJGUQU GVE *QEJKPVGTGUUCPVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV 2GTUKGP $CMVTKGP WPF +PFKGP &CU .QV GPVJ·NV W GKPG RCTVJKUEJG &TCEJOG GKPG &TCEJOG FGU /GPCPFGT LG FTGK UCUCPKFKUEJG WPF JGRJVCNKVKUEJG &TCEJOGP UQYKG #TCEJQUKC &TCEJOG 5CJK 6KIKP UGEJU CEJ·OGPKFKUEJG 5KINQK WPF GKP WPDGUVKOOVGU 5VÒEM 2GTUKU 5VÒEM /GKUV UGJT UEJÌP

.QV ITKGEJKUEJGT $TQP\GOÒP\GP &CU .QV GPVJ·NV W C 2T·IWPIGP XQP .[UKOCEJQU #NGZCPFTKC 6TQCU 'RJGUQU 'T[VJTCK /CIPGUKC CF /CGCPFTWO 5O[TPC /CGQPKC -QVKCKC 5GNGWMQU + W XKGNGU CPFGTG OGJT +PVGTGUUCPVGU 1DLGMV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

-NGKPG 5COONWPI HTÒJGT 'NGMVTQPRT·IWPIGP CWU WPDGUVKOOVGP KQPKUEJGP /ÒP\UV·VVGP 'N 6TKVG

)NCVV \YGKIGVGKNVGU +PEWUWO IGHÒVVGTV XGTIN 50) -C[JCP 'N *GOKJGMVG -CNDUMQRH +PEWUWO 50) -C[JCP 'N *GOKJGMVG .ÌYGPMQRH +PEWUWO 50) -C[JCP GKPKIG WPDGUVKOOVG MNGKPG 0QOKPCNG 5GJT KPVGTGUUCPVGU 1DLGMV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP GKP 5VÒEM IGHÒVVGTV

60


4¤/+5%*' /ª0<'0

6375

/ª0<'0 &'4 4¤/+5%*'0 4'27$.+-

#U X %JT 4QO CPQP[O I #RQNNQMQRH T #RQNNQMQRH N %TCYH 5[F 44 &WPMGNDTCWPG 2CVKPC MN 5EJTÌVNKPIUNQEJ CWH FGO 4GXGTU IWVGU UGJT UEJÌP UGJT UEJÌP

6376

1,5:1

1,5:1

Õ &KFTCEJOG X %JT 4QO CPQP[O I *GTEWNGUMQRH T OKV &KCFGO WPVGP -GWNG 9ÌNHKP T OKV 4QOWNWU WPF 4GOWU KO #DUEJPKVV 41/#0=1? $/% %TCYH 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC &KG GTUVG KP 4QO IGRT·IVG /ÒP\G &KGU UVKOOV OKV FGT *CWRVSWGNNG ÒDGTGKP 2NKPKWU 0CV *KUV :::+++ UEJTGKDV #TIGPVWO UKIPCVWO CPPQ WTDKU %%%%.:::8 3 1IWNPKQ % (CDKQU EQUU SWKPSWG CPPKU CPVG RTKOWO RWPKEWO DGNNWO 5KNDGT YWTFG KO ,CJTG FGT 5VCFV WPVGT FGP -QPUWNP 3 1IWNPKWU WPF % (CDKWU ,CJTG XQT FGO GTUVGP RWPKUEJGP -TKGI IGRT·IV F J X %JT &KG 8QTFGTUGKVG KUV PCEJ U[TCMWUCPKUEJGO 8QTDKNF IGUVCNVGV &KG 4ÒEMUGKVG UVGNNV FCU 5VCPFDKNF FGT 9ÌNHKP OKV 4QOWNWU WPF 4GOWU FCT FCU X %JT XQP %P WPF 3 1IWNPKWU CWHIGUVGNNV YWTFG 'KP 1IWNPKWU YCT %QPUWN KO ,CJT X %JT

6377

5GOKU X %JT 4QO CPQP[O I 5VKGT URTKPIV N FCTWPVGT 5 4CF OKV UGEJU 5RGK EJGP KP GKPGO 9KPMGN 5 %TCYH 5[F &WPMNG 2CVKPC UEJÌP UGJT UEJÌP

61


6378

Õ &KFTCEJOG X %JT 4QO CPQP[O I /CTUMQRH T OKV *GNO FCJKPVGT -GWNG 2HGTF T FCJKPVGT -GWNG $/% %TCYH 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6380

6379

6381

Õ &KFTCEJOG X %JT 4QO CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP XGTVKGHV 41/# $/% %TCYH 5[F )WVGT 5VKN DTGKVGT 5EJTÌVNKPI UGJT UEJÌP

Õ &KFTCEJOG X %JT 4QO CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP KO 4CJOGP 41/# $/% %TCYH 5[F 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &KFTCEJOG X %JT 4QO CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP KP 4CJOGP 41/# $/% %TCYH 5[F -N 2TÒHUVGNNG CO 4CPF UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6382

#U X %JT 4QO CPQP[O I $·TVKIGT ,CPWUMQRH WPVGP 9GTVCPICDG + NKGIGPF 2TQTC T FCTÒDGT + %TCYH 5[F &WPMNG 2CVKPC UGJT UEJÌP 'KPG 2T·IWPI KO TGFW\KGTVGP .KDTCN (W­ &KGUG U 5GTKG IGJÌTV \W FGP ,CPWUMQRH &KFTCEJOGP

6383

62

#U X %JT 4QO CPQP[O I $·TVKIGT ,CPWUMQRH WPVGP 9GTVCPICDG + NKGIGPF 2TQTC T FCTÒDGT + %TCYH 5[F )TÒPDTCWPG 2CVKPC HCUV UGJT UEJÌP


6384

5GOKU X %JT 4QO CPQP[O I 5CVWTPMQRH N OKV .QTDGGTMTCP\ WPVGP 9GTVCPICDG 5 NKGIGPF 2TQTC N FCTÒDGT 5 %TCYH 5[F 1NKXITÒPG 2CVKPC UGJT UEJÌP

'KPG 2T·IWPI KO TGFW\KGTVGP .KDTCN (W­

6387

6385

6386

5GZVCPU X %JT 4QO CPQP[O I 9ÌNHKP UVGJV T OKV 4QOWNWU WPF 4GOWU KO #DUEJPKVV \YGK 9GTVMWIGNP #FNGT UVGJV T OKV $NWOG KO 5EJPCDGN FCJKPVGT \YGK 9GTVMWIGNP $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC UGJT UEJÌP

5GZVCPU X %JT 4QO CPQP[O I 9ÌNHKP UVGJV T OKV 4QOWNWU WPF 4GOWU KO #DUEJPKVV \YGK 9GTVMWIGNP #FNGT UVGJV T OKV $NWOG KO 5EJPCDGN FCJKPVGT \YGK 9GTVMWIGNP $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC UGJT UEJÌP

5GOWPEKC X %JT 4QO CPQP[O I /GTMWTMQRH T OKV IGHNÒIGNVGO 2GVCUWU 2TQTC T $/% %TCYH 5[F )TÒPG 2CVKPC IWVGU UGJT UEJÌP

1,5:1

6388

1,5:1

Ô #UUG PCEJ X %JT 4QO CPQP[O I $·TVKIGT /CTUMQRH OKV MQTKPVJKUEJGO *GNO T #FNGT CWH $NKV\ T WPVGP 41/# $/% %TCYH 5[F 8QT\ÒINKEJGU 'ZGORNCT XQP HGKPGO 5VKN

7POKVVGNDCTG 8QTDKNFGT HÒT FGP 6[R MÌPPVGP 2T·IWPIGP FGT $TGVVKGT CWU FGO 2WPKUEJGP -TKGI IGYGUGP UGKP 0CEJ PGWGUVGP 'TMGPPVPKUUGP # 4 /GCFQYU 6JG /CTU GCING CPF VJWPFGTDQNV IQNF CPF 2VQNGOCKE KPXQNXGOGPV KP %QKPU QH /CEGFQPKC CPF 4QOG 'UUC[U KP JQPQWT QH %JCTNGU *GTUJ UKPF \YGK 'OKUUKQPGP \W WPVGTUEJGKFGP GKPG XQT X %JT GKPG \YGKVG X %JT VGKNYGKUG YWTFGP FKG 5VÒEMG KP 5K\KNKGP IGRT·IV 9GIGP FGT 4ÒEMUGKVGP &CTUVGNNWPI #FNGT CWH $NKV\ YKTF GKPG RVQNGO·KUEJG 8GTDKPFWPI CPIGPQOOGP 'U YWTFGP ·I[RVKUEJG 5WDUKFKGP XGTOÒP\V OÌINKEJGTYGKUG DGTGKVU X %JT YCU WPUGT 5VÒEM CWH FKG GTUVGP &GPCTG WPF FKG 5GZVCPVCN $TQP\GP JGTCWHTÒEMGP YÒTFG 'U IKDV ªDGTRT·IWPIGP XQP &GPCTGP WPF $TQP\GP FKG FKGU OÌINKEJ GTUEJGKPGP NCUUGP #WU &CPMDCTMGKV WPF WO FKG 7PVGTUVÒV\WPI FWTEJ I[RVGP UKEJVDCT \W OCEJGP YWTFG FKG 4ÒEMUGKVGP &CTUVGNNWPI IGY·JNV

1,5:1

6389

1,5:1

Ô #UUG X %JT 4QO CPQP[O I $·TVKIGT /CTUMQRH OKV MQTKPVJKUEJGO *GNO T #FNGT CWH $NKV\ T WPVGP 41/# $/% %TCYH 5[F 9KP\ -TCV\GT CWH FGO #XGTU XQT\ÒINKEJ

63


6390 6391

6391

Õ 8KEVQTKCV PCEJ X %JT 4QO CPQP[O I ,WRKVGTMQRH T 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQRJ·G $/% %TCYH 5[F 5GJT UEJÌP

#U PCEJ X %JT 4QO CPQP[O I ,CPWUMQRH 2TQTC T $/% %TCYH 5[F )TÒPDTCWPG 2CVKPC HCUV UGJT UEJÌP

6393

6392

5GZVCPU X %JT UK\KNKUEJG /ÒP\UV·VVG CPQP[O I /GTEWTMQRH T FCTÒDGT \YGK 9GTV MWIGNP 2TQTC T FCTÒDGT JTG FCTWPVGT \YGK 9GTVMWIGNP $/% %TCYH 5[F F )TÒPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT UK\KNKUEJG /ÒP\UV·VVG CPQP[O I 4QOCMQRH T FCJKPVGT <YGKI &KG &KQUMWTGP TGKVGP T $/% %TCYH C 5[F (GKPG 2CVKPC UGJT UEJÌP

6394

1,5:1

1,5:1

Õ &GPCT X %JT 4QO 5CHTC I 4QOCMQRH T 8KEVQTKC KP $KIC T $CD $/% %TCYH 5[F (GKPG 2CVKPC XQT\ÒINKEJ

5CHTC KUV JÌEJUVYCJTUEJGKPNKEJ FCU EQIPQOGP FGU /ÒP\OGKUVGTU HTÒJGT YWTFG GU CNU 5 RWTKWU #HTC IGFGWVGV

6395

6396

6397

6398

Õ &GPCT X %JT 4QO / %CGEKNKWU /GVGNNWU I 4QOCMQRH T FCJKPVGT JTG /CMGFQPK UEJGT 5EJKNF KP FGT /KVVG 'NGHCPVGPMQRH WOJGT .QTDGGTMTCP\ $CD $/% %TCYH C 5[F 5GJT UEJÌP

&GT OCMGFQPKUEJG 5EJKNF CWH FGT 4ÒEMUGKVG UQNN CP FGP 5KGI FGU 8CVGTU FGU /ÒP\OGKUVGTU 3 %CGEKNKWU /GVGNNWU /CEGFQPKEWU KO ,CJTG X %JT GTKPPGTP

Õ &GPCT X %JT 4QO / %CNKFKWU 3 /GVGNNWU WPF %P (WNXKWU I 4QOCMQRH T #XGTUKPEWUWO $CD QFGT $/% XGTIN HH %TCYH 5[F XGTIN 5GJT UEJÌP

Õ &GPCT X %JT 4QO 6K 3WKPEVKWU I *GTEWNGUDÒUVG N ÒDGT FGT 5EJWNVGT -GWNG &GUWNVQT TGKVGV N FCPGDGP GKP \YGKVGU 2HGTF FCTWPVGT 4CVVG T $CD $/% XCT %TCYH D 5[F *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

'KP &GUWNVQT DGJGTTUEJVG FKG -WPUV KO XQNNGP )CNNQRR XQP GKPGO 2HGTF CWH GKP CPFGTGU \W YGEJUGNP

64

Õ &GPCT X %JT 4QO . (NCOKPKWU %JKNQ I 4QOCMQRH T #XGTUKPEWUWO $CD $/% %TCYH 5[F XGTIN 5GJT UEJÌP


6401

6399

6400

6402

6403

Õ &GPCT X %JT 4QO . 8CNGTKWU (NCEEWU I $ÒUVG FGT 8KEVQTKC T /CTU IGJV N OKV 5RGGT WPF 6TQRJ·G FCXQT #RGZ FCJKPVGT JTG $CD $/% %TCYH 5[F (GKPG 6ÌPWPI UGJT UEJÌP

&KG 4ÒEMUGKVG YGKUV FCTCWH JKP FC­ FGT 8CVGT FGU /ÒP\OGKUVGTU FCU #OV GKPGU (NCOGP /CTVKCNKU KPPGJCVVG

Õ 3WKPCT X %JT 4QO % 'IPCVWNGKWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ 8KEVQTKC N UEJTGKDV CWH FGP 5EJKNF CP GKPGT 6TQRJ·G $CD $/% %TCYH 5[F -N 2T·IGUEJY·EJG UQPUV HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT 4QO # 2QUVWOKWU #NDKPWU I #TVGOKUDÒUVG T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT &TGK 4GKVGT N OKV 5RGGTGP WPF 5EJKNFGP FCXQT GKP IGUVÒT\VGT -TKGIGT $CD $/% %TCYH 5[F 44 (CUV XQT\ÒINKEJ

&CU 5VÒEM HGKGTV FKG *GNFGPVCV FGU # 2QUVWOKWU #NDWU 4GIKNNGPUKU KP FGT 5EJNCEJV CO 5GG 4GIKNNWU

Õ &GPCT X %JT 4QO & +WPKWU 5KNCPWU I 4QOCMQRH T FCJKPVGT 1 8KEVQTKC KP $KIC T FCTÒDGT : $CD $/% %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO / 2QTEKWU %CVQ I 4QOCMQRH ! T 8KEVQTKC UKV\V T OKV 2CVGTC WPF 2CNO\YGKI 56 WPVGT 5VWJN $CD $/% %TCYH E 5[F C (GKPG 6ÌPWPI YKP\ -TCV\GT IWVGU UGJT UEJÌP

1,5:1

6404

1,5:1

Õ &GPCT X %JT 4QO . 6KVWTKWU 5CDKPWU I -QRH FGU -ÌPKIU 6CVKWU T FCXQT 2CNO\YGKI 6CTRGKC YKTF XQP \YGK 5QNFCVGP OKV 5EJKNFGP DGFGEMV $CD $/% %TCYH D 5[F 5GJT UEJÌP

&KG 8GUVCNKP 6CTRGKC GKPG 6QEJVGT FGU 5RWTKWU 6CTRGKWU JCVVG 4QO CP FKG 5CDKPGT XGTTCVGP KPFGO UKG KJPGP FKG 5VCFVVQTG ÌHHPGVG #NU $GNQJPWPI HÒT KJTGP 8GTTCV UQNNVG UKG XQP FGP 5CDKPGTP FCU GTJCNVGP YCU LGPG CP KJTGP #TOGP VTWIGP 5KG DGMCO GU CWEJ CNNGTFKPIU GTJKGNV UKG PKEJV FGP IQNFGPGP 5EJOWEM FGT 5CDKPGT UQPFGTP YWTFG OKV FGP 5EJKNFGP DGYQTHGP WPF XQP GKPGO (GNUGP IGUVÒT\V &KGUGT (GNUGP YWTFG XQP PWP CP CNU VCTRGKUEJGT (GNUGP DG\GKEJPGV WPF *QEJXGTT·VGT YWTFGP XQP FQTV KP FGP 6QF IGUVÒT\V

6405

1,5:1

6406

Õ &GPCT X %JT 4QO . 4WDTKWU &QUUGPWU I ,WPQMQRH T OKV 5EJNGKGT WPF &KCFGO ÒDGT FGT 5EJWNVGT <GRVGT 6TKWORJCNSWCFTKIC T FCTÒDGT HNKGIV 8KEVQTKC T OKV -TCP\ $CD $/% %TCYH 5[F #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌP

&KG 6TKWORJCNSWCFTKIC WPF FKG 8KEVQTKC CWH FGO 4GXGTU FÒTHVGP UKEJ CWH GKPGP XQP FGP 1RVKOCVGP GTJQHHVGP 5KGI ÒDGT /CTKWU DG\KGJGP 'U DNKGD DGK FGT *QHHPWPI /CTKWU GTQDGTVG 4QO WPF ÒDVG DNWVKIG 4CEJG CP FGP #PJ·PIGTP 5WNNCU

Õ &GPCT X %JT 4QO /P (QPVGKWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ .QTDGGTMTCP\ FCTKP IGHNÒIGNVGT )GPKWU CWH <KGIGPDQEM T FCTÒDGT \YGK 2KNGK KO #DUEJPKVV 6J[TUQU $CD $/% %TCYH E 5[F C 4 -N 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU XQT\ÒINKEJ

65


6407

6408

6410

6409

Õ &GPCT X %JT 4QO % .KEKPKWU /CEGT I 8GLQXKUDÒUVG N OKV $NKV\ /KPGTXC KP 3WCFTKIC T $CD $/% %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO 2 (WTKWU %TCUUKRGU I -[DGNGMQRH T OKV /CWGTMTQPG FCJKPVGT FGHQTOKGTVGT (W­ %WTWNKUEJGT 5VWJN $CD $/% %TCYH E 5[F D 4ÒEMUGKVG N FG\GPVTKGTV UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG . %QTPGNKWU 5WNNC I . 58..# 8GPWUMQRH T FCXQT UVGJV %WRKFQ N OKV 2CNO\YGKI FGU 5KGIGU -CPPG WPF .KVWWU \YKUEJGP \YGK 6TQRJ·GP $CD $/% %TCYH 5[F 4 (CUV UGJT UEJÌP

Õ &GPCT X %JT 4QO % 0QTDCPWU I 8GPWUMQRH T (CUEGU \YKUEJGP JTG WPF %CFW EGWU $CD $/% %TCYH D 5[F (CUV XQT\ÒINKEJ

&GT FGHQTOKGTVG (W­ KUV GKPG #PURKGNWPI CWH FGP $GKPCOGP FGU /ÒP\OGKUVGTU

5WNNC DGHCPF UKEJ KO -TKGI IGIGP /KVJTCFCVGU 8+ 0CEJ UGKPGO 5KGI DGK %JCKTQPGKC X %JT FÒTHVG FKG GTUVG KORGTCVQTKUEJG #MMNCOCVKQP GTHQNIV UGKP X %JT PCEJ 1TEJQOGPQU FKG \YGKVG

1,5:1

6411

1,5:1

Õ &GPCT X %JT 4QO % 0QTDCPWU I 8GPWUMQRH T (CUEGU \YKUEJGP JTG WPF %CFW EGWU $CD $/% %TCYH D 5[F 5EJÌPG 2CVKPC HCUV XQT\ÒINKEJ

6412

Õ &GPCT X %JT 4QO 2 %TGRWUKWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ WPF <GRVGT FCJKPVGT ' FCXQT *CNDOQPF 4GKVGT T QDGP %%8++++ $CD $/% %TCYH E 5[F C )WVGU UGJT UEJÌP

1,5:1

6413

1,5:1

Õ &GPCT 5GTTCVWU X %JT 4QO % /COKNKWU .KOGVCPWU I /GTEWTDÒUVG T ÒDGT FGT 5EJWN VGT %CFWEGWU 1F[UUGWU IGJV T OKV 5VCD FCXQT UVGJV UGKP *WPF #TIWU N $CD $/% %TCYH 5[F 4 )WVGU UGJT UEJÌP

&KG 4ÒEMUGKVG UVGNNV FGP #WIGPDNKEM FCT CNU 1F[UUGWU XQP UGKPGP +TTHCJTVGP PCEJ +VJCMC JGKOMGJTGPF XQP UGKPGO CNVGP *WPF #TIWU GTMCPPV YKTF &KG (COKNKG /COKNKC DGJCWRVGVG XQP 6GNGIQPWU FGO 5QJP FGU 1F[UUGWU WPF FGT %KTEG CD\WUVCOOGP

66


6414

6415

6416

6417

6418

Õ &GPCT XQT %JT 4QO . /CTEKWU %GPUQTKPWU I #RQNNQMQRH T /CTU[CU IGJV N OKV 9GKPUEJNCWEJ FCJKPVGT 5·WNG OKV 5VCVWG FGT 8KEVQTKC $CD $/% %TCYH F 5[F 8QT\ÒINKEJ

#WH FGT 4ÒEMUGKVG FGU 5VÒEMGU KUV GKPG CWH FGO (QTWO KP FGT 0·JG FGU RT·VQTKUEJGP 6TKDWPCNU DGHKPFNKEJG 5VCVWG FCTIGUVGNNV -QRKGP FKGUGT 5VCVWG KP XGTUEJKGFGPGP 5V·FVGP FGU 4GKEJGU XGTMÒPFGVGP KP UR·VGTGT <GKV FC­ FKG LGYGKNKIG 5VCFV OKV FGO +WU +VCNKEQTWO DGUEJGPMV YQTFGP YCT

Õ &GPCT X %JT /CUUKNKC % 8CNGTKWU (NCEEWU I 8KEVQTKCDÒUVG T FCJKPVGT (ÒNNJQTP ! .GIKQPUCFNGT \YKUEJGP \YGK (GNF\GKEJGP OKV * HÒT *CUVCVK WPF 2 HÒT 2TKPEKRGU $CD $/% ! %TCYH C 5[F C 5GJT UEJÌP

'KPG HTÒJG KORGTCVQTKUEJG 2T·IWPI FKG XQP FGO 2TQEQPUWN KP )CNNKGP % 8CNGTKWU (NCEEWU CWUIKPI &KG 4ÒEMUGKVG YKTF XKGNHCEJ YKGFGT CWHIGITKHHGP \ $ XQP /CTEWU #PVQPKWU QFGT 5GRVKOKWU 5GXGTWU

Õ &GPCT 5GTTCVWU X %JT 4QO # 2QUVWOKWU #NDKPWU I -QRH FGT *KURCPKC T 6QICVWU UVGJV N FCXQT #FNGT CWH 5VCPIG FCJKPVGT (CUEGU $CD $/% %TCYH 5[F 4 )WVGU UGJT UEJÌP

Õ &GPCT X %JT PQTFKVCNKUEJG /ÒP\UV·VVG 3 %CGEKNKWU /GVGNNWU 2KWU I 2KGVCUMQRH T FCXQT 5VQTEJ 'NGHCPV IGJV N $CD $/% %TCYH 5[F 4 -N -TCV\GT UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&KG 4ÒEMUGKVG VJGOCVKUKGTV FCU +ORGTKWO UGKPGU 8QTHCJTGP . 2QUVWOKWU KP 5RCPKGP

&GP $GKPPCOGP 2KWU WPF FCJGT FKG 2KGVCU CWH FGT 8QTFGTUGKVG GTJKGNV /GVGNNWU YGKN GT FCU TÌOKUEJG 8QNM ÒDGT\GWIVG UGKPGP 8CVGT CWU FGO 'ZKN \WTÒEM\WTWHGP

Õ &GPCT X %JT PQTFKVCNKUEJG /ÒP\UV·VVG 3 %CGEKNKWU /GVGNNWU 2KWU I 2KGVCUMQRH T FCXQT 5VQTEJ 'NGHCPV IGJV N $CD $/% %TCYH 5[F 4 (GKPG 2CVKPC UGJT UEJÌP

1,5:1

6420

6421

6419

1,5:1

Õ &GPCT X %JT PQTFKVCNKUEJG /ÒP\UV·VVG 3 %CGEKNKWU /GVGNNWU 2KWU I 2KGVCUMQRH T FCXQT 5VQTEJ +O -TCP\ -CPPG WPF .KVWWU $CD $/% %TCYH 5[F 9KP\ -TCV\GT IWVGU UGJT UEJÌP HCUV XQT\ÒINKEJ

'KPG KORGTCVQTKUEJG 2T·IWPI FGU %CGEKNKWU /GVGNNWU 2KWU CNU .GICV 5WNNCU CWH FGP UKEJ FCU +/2'4CVQT FGT 4ÒEMUGKVG DG\KGJGP FÒTHVG

Õ &GPCT X %JT 4QO / 8QNVGKWU I ,WRKVGTMQRH T ,WRKVGT 6GORGN $CD $/% %TCYH 5[F 4 *GTTNKEJG 2CVKPC UGJT UEJÌP

&GT ,WRKVGT 6GORGN YCT \WT <GKV FGT #WUICDG FGT 'OKUUKQP \GTUVÌTV WPF PQEJ PKEJV YKGFGT CWHIGDCWV

Õ &GPCT X %JT 4QO . %CUUKWU .QPIKPWU I .KDGTMQRH T OKV 'HGWMTCP\ WPF 6J[TUWU .KDGTCMQRH N $CD $/% %TCYH 5[F 4 (GKPGT 5VKN UGJT UEJÌP XQT\ÒINKEJ

.KDGT WPF .KDGTC GTUEJGKPGP CWH FKGUGO &GPCT YGKN GKP 8QTHCJTG FGU /ÒP\OGKUVGTU HÒT FKGUG )QVVJGKVGP X %JT GKPGP 6GORGN IGYGKJV JCDGP UQNN

67


6424

6422

6423

1,5:1

1,5:1

Õ &GPCT X %JT 4QO 2 5CVTKGPWU I 4QOCMQRH T OKV *GNO 9ÌNHKP N $CD $/% %TCYH D 5[F C 8QTFGTUGKVG N FG\GPVTKGTV UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT 4QO . 4WUVKWU I /KPGTXCMQRH T 9KFFGT T $CD $/% %TCYH 5[F 4 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO 2 5WNRKEKWU )CNDC I 8GUVCMQRH T OKV 5EJNGKGT /GUUGT %WNWNNWU WPF #ZV $CD $/% %TCYH 5[F (GKPGT 5VKN CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

&GT /ÒP\OGKUVGT FGU XQTNKGIGPFGP 5VÒEMGU YCT GKP 2QPVKHGZ

6425

6426

Õ &GPCT X %JT 4QO 2 5WNRKEKWU )CNDC I 8GUVCMQRH T OKV 5EJNGKGT /GUUGT %WNWNNWU WPF #ZV $CD $/% %TCYH 5[F 8QT\ÒINKEJ

Õ &GPCT 5GTTCVWU X %JT 4QO % *QUKFKWU )GVC I )TQ­GT &KCPCMQRH T OKV &KCFGO ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 'DGT T XQP GKPGO 5RGGT XGTYWPFGV WPF XQP GKPGO *WPF CV VCEMKGTV $CD $/% %TCYH 5[F 4 *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

6427

1,5:1

Õ &GPCT X %JT 4QO % *QUKFKWU )GVC I &TCRKGTVG $ÒUVG FGT &KCPC T OKV &KCFGO ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 'DGT T XQP GKPGO 5RGGT XGTYWPFGV WPF XQP GKPGO *WPF CVVCEMKGTV $CD $/% %TCYH 5[F *GTTNKEJG 2CVKPC HCUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO % *QUKFKWU )GVC I &TCRKGTVG $ÒUVG FGT &KCPC T OKV &KCFGO ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 'DGT T XQP GKPGO 5RGGT XGTYWPFGV WPF XQP GKPGO *WPF CVVCEMKGTV $CD $/% %TCYH 5[F )WVGU UGJT UEJÌP

6430

6429

1,5:1

68

6428

1,5:1

1,5:1

1,5:1

Õ &GPCT X %JT 4QO / 2NCGVQTKWU %GUVKCPWU I +UKUDÒUVG ! T OKV #VVTKDWVGP XGTUEJKGFG PGT )QVVJGKVGP #FNGT CWH $NKV\ T -QRH \WTÒEMIGYCPFV $CD $/% %TCYH 5[F (CUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T OKV &KCFGO *GTEWNGU /WUC IGVGU KO .ÌYGPHGNN T OKV .[TC WPF -GWNG $CD $/% %TCYH 5[F 4 5GJT UEJÌP


6431

6433

6432

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT $NWOG 6GTRUKEJQTG UVGJV T OKV .[TC WPF 2NGEVTWO $CD $/% %TCYH C 5[F C .GKEJV FG\GPVTKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6GTRUKEJQTG KUV FKG /WUG FGU 6CP\GU

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T OKV .QTDGGTMTCP\ 7TCPKC UVGJV N WPF \GKIV OKV GKPGO 5VCD CWH GKPGP )NQDWU FGT CWH GKPGO &TGKHW­ TWJV $CD $/% %TCYH 5[F 4 5GJT UEJÌP

7TCPKC KUV FKG 5VGTP /WUG UQYQJN FKG #UVTQPQOKG YKG FKG #UVTQNQIKG UEJÒV\GPF

Õ &GPCT X %JT 4QO . %CUUKWU .QPIKPWU I 8GTUEJNGKGTVG 8GUVCDÒUVG N FCXQT % FCJKP VGT -[NKZ 6QICVWU UVGJV N WPF YKTHV 5VKOOUVGKP OKV 8 KP 7TPG $CD $/% %TCYH 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&KG 4GXGTUFCTUVGNNWPI DG\KGJV UKEJ XGTOWVNKEJ CWH GKPG #DUVKOOWPI KO ,CJTG X %JT .GZ %CUUKC VCDGNNCTKC /KV 8 VK TQICU YCU FW IGHTCIV JCUV UVKOOVG FGT $ÒTIGT \W &KG 8QTFGTUGKVG KUV GKPG #PURKGNWPI CWH FGP 8GUVCNKPPGP 2TQ\G­ X %JT DGK FGO GKP 8QTHCJT FGU /ÒP\OGKUVGTU FGP 8QTUKV\ HÒJTVG

6434

1,5:1

1,5:1

Õ &GPCT X %JT 4QO . (WTKWU $TQEEJWU I %GTGUMQRH T \YKUEJGP JTG WPF -QTP %WTWNKUEJGT 5VWJN \W DGKFGP 5GKVGP (CUEGU $CD $/% %TCYH 5[F (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&GT 6[R DG\KGJV UKEJ CWH FKG EWTC CPPQPCG WO FKG UKEJ FKG FKNG \W MÒOOGTP JCVVGP

6435

6436

6437

6438

Õ &GPCT X %JT 4QO . #GOKNKWU .GRKFWU 2CWNNWU I 8GTUEJNGKGTVGT -QRH FGT %QPEQTFKC OKV &KCFGO T 6TQRJ·G 2GTUGWU UVGJV OKV UGKPGP DGKFGP 5ÌJPGP T #GOKNKWU 2CWNNWU UVGJV N QDGP 6'4 $CD $/% %TCYH 5[F -N 4CPFHGJNGT IWVGU UGJT UEJÌP

. #GOKNKWU 2CWNNWU JCVVG X %JT FKG GPVUEJGKFGPFG 5EJNCEJV DGK 2[FPC IGIGP 2GTUGWU IGUEJNCIGP WPF ICP\ /CMGFQPKGP GTQDGTV

Õ &GPCT X %JT 4QO . 5ETKDQPKWU .KDQ I -QRH FGU $QPWU 'XGPVWU T 2WVGCN 5ETKDQPKC PWO OKV )KTNCPFGP WPF \YGK .[TGP IGUEJOÒEMV CP FGT $CUKU *COOGT $CD XCT $/% %TCYH C 5[F (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&CU 2WVGCN UVGJV CWH FGO (QTWO 4QOCPWO

Õ &GPCT X %JT 4QO . 5ETKDQPKWU .KDQ I -QRH FGU $QPWU 'XGPVWU T 2WVGCN 5ETKDQPKC PWO OKV )KTNCPFGP WPF \YGK .[TGP IGUEJOÒEMV CP FGT $CUKU *COOGT $CD XCT $/% %TCYH C 5[F (CUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO / #GOKNKWU 5ECWTWU WPF 2 2NCWVKWU *[RUCGWU I -COGN T FCXQT MPKGV #TGVCU 3WCFTKIC N FCXQT 5EQTRKQP $CD $/% %TCYH D 5[F 5GJT UEJÌP

&GT 0CDCV·GTMÌPKI #TGVCU WPVGTYCTH UKEJ / #GOKNKWU

69


6439

1,5:1

1,5:1

Õ &GPCT X %JT 4QO . /CTEKWU 2JKNKRRWU I -QRH FGU #PEWU /CTEKWU T OKV &KCFGO FCJKPVGT .KVWWU 4GKVGTUVCVWG T CWH #SW·FWMV CWU FGO GKPG $NWOG Y·EJUV $CD $/% %TCYH 5[F (CUV XQT\ÒINKEJ

3 /CTEKWU 4GZ FGT FWTEJ FCU 5VCPFDKNF IGGJTV YWTFG XQNNGPFGVG FKG 9CUUGTNGKVWPI #SWC /CTEKC FKG \WO -CRKVQN HÒJTVG

6441

6440

6442

6443

Õ &GPCT X %JT 4QO . /CTEKWU 2JKNKRRWU I -QRH FGU #PEWU /CTEKWU T OKV &KCFGO FCJKPVGT .KVWWU 4GKVGTUVCVWG T CWH #SW·FWMV CWU FGO GKPG $NWOG Y·EJUV $CD $/% %TCYH 5[F #XGTU OKP FG\GPVTKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT 4QO (CWUVWU %QTPGNKWU 5WNNC I *GTEWNGUMQRH T KO .ÌYGPHGNN )NQDWU WOIGDGP XQP FTGK MNGKPGP -T·P\GP WPF GKPGO ITQ­GP -TCP\ N #RJNCUVQP T JTG $CD $/% %TCYH C 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&GT /ÒP\OGKUVGT YCT FGT 5QJP FGU &KMVCVQTU 5WNNC WPF FGT 5EJYKGIGTUQJP FGU 2QORGKWU \W FGUUGP .GICVGP GT DGK FGUUGP (GNF\WI KO ÌUVNKEJGP /KVVGNOGGT IGJÌTVG &KG FTGK MNGKPGP -T·P\G CWH FGT 4ÒEMUGKVG TGRT·UGPVKGTGP FKG FTGK 6TKWORJG FGU 2QORGKWU FGT ITQ­G -TCP\ UVGNNV FKG EQTQPC CWTGC FCT FKG 2QORGKWU X %JT XGTNKGJGP YQTFGP YCT #WEJ *GTEWNGU KUV GKP RQORGKCPKUEJGU 5[ODQN OCP FGPMG PWT CP FKG 2CTQNG DGK 2JCTUCNQU *GTEWNGU KPXKEVWU

Õ &GPCT X %JT 4QO % /GOOKWU I 3WKTKPWUMQRH T %GTGU UKV\V T OKV (CEMGN WPF JTGP FCXQT 5EJNCPIG $CD $/% %TCYH 5[F 5GJT UEJÌP

&GT 3WKTKPWUMQRH FGT 8QTFGTUGKVG MÌPPVG CWH GKPG UCDKPKUEJG *GTMWPHV FGU /ÒP\OGKUVGTU JKPYGKUGP %TCYHQTF 5 QFGT YGPP FKG 8QTFGTUGKVGPFCTUVGNNWPI FKGUGU 5VÒEMU OKV FGT 4ÒEMUGKVGPFCTUVGNNWPI FGU &GPCTU %TCYHQTF KP <WUCOOGPJCPI UVGJV CWH FKG 9GKJWPI GKPGU 5KGIGU\GKEJGPU KO 6GORGN FGU 3WKTKPWU FGWVGP # #NHÌNFK -QORNGOGPV·TG &QRRGNV[RGP KP FGT &GPCTRT·IWPI FGT TÌOKUEJGP 4GRWDNKM KP 5EJYGK\GT /ÒP\DN·VVGT 5 &KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FKG GTUVG 8GTCPUVCNVWPI GKPGU CNVGP %GTGU (GUVGU FWEJ GKPGP /GOOKGT YQJN WO X %JT

Õ &GPCT X %JT 4QO 3 %CUUKWU .QPIKPWU I .KDGTVCUMQRH T 8GUVCVGORGN $CD $/% %TCYH 5[F 4 .GKEJV FG\GPVTKGTV UGJT UEJÌP

6445

6444 1,5:1

70

6444 1,5:1

Õ &GPCT X %JT 4QO 3 %CUUKWU .QPIKPWU I -QRH FGU )GPKWU 2QRWNK 4QOCPK T FCJKPVGT <GRVGT #FNGT UVGJV T CWH $NKV\ N .KVWWU T -CPPG $CD $/% %TCYH 5[F (GKPG 6ÌPWPI XQT\ÒINKEJGU 'ZGORNCT

Õ &GPCT X %JT 4QO 3 %CUUKWU .QPIKPWU I -QRH FGU )GPKWU 2QRWNK 4QOCPK T FCJKPVGT <GRVGT #FNGT UVGJV T CWH $NKV\ N .KVWWU T -CPPG $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP


6446

1,5:1

1,5:1

Õ &GPCT X %JT 4QO # 2NCWVKWU I -[DGNGMQRH T /CPP MPKGV T OKV <ÒIGNP WPF 2CNO \YGKI T XQT -COGN T $CD $/% %TCYH 5[F 8QT\ÒINKEJ

$GK FGT 2GTUQP CWH FGO 4GXGTU JCPFGNV GU UKEJ OÌINKEJGTYGKUG WO FGP *QJGPRTKGUVGT #TKUVQDWNQU UKGJG -TCHV KP ,0) 5 HH

6447

1,5:1

1,5:1

Õ &GPCT X %JT 4QO %P 2NCPEKWU I $ÒUVG FGT /CEGFQPKC ! T OKV %CWUKC -TGVKUEJG <KGIG T FCJKPVGT $QIGP WPF -ÌEJGT $CD $/% %TCYH 5[F .GKEJVG 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&GT /ÒP\OGKUVGT JCVVG UQYQJN KP /CMGFQPKGP CNU CWEJ KP -TGVC IGFKGPV

6449

6448

Õ &GPCT X %JT 4QO %P 2NCPEKWU I $ÒUVG FGT /CEGFQPKC ! T OKV %CWUKC -TGVKUEJG <KGIG T FCJKPVGT $QIGP WPF -ÌEJGT $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT 4QO / ,WPKWU $TWVWU I -QRH FGU . ,WPKWU $TWVWU T -QRH FGU % 5GTXKNKWU #JCNC T $CD $/% %TCYH 5[F *GTTNKEJG 2CVKPC HCUV XQT\ÒINKEJ UGJT UEJÌP

&GT /ÒP\OGKUVGT KUV FGT UR·VGTG %CGUCTOÌTFGT 'T \GKIV JKGT FWTEJ FKG $KNFGT \YGKGT 8QTHCJTGP UGKPG UVTGPI TGRWDNKMCPKUEJG )GUKPPWPI \WO GKPGP . ,WPKWU $TWVWU FGT FKG VCTSWKPKUEJGP -ÌPKIG XGTVTKGD WPF \WO CPFGTGP % 5GTXKNKWU #JCNC FGT FGP 5VCCV XQT 5RWTKWU /CGNKWU TGVVGVG

1,5:1

1,5:1

Õ &GPCT X %JT 4QO / ,WPKWU $TWVWU I -QRH FGU . ,WPKWU $TWVWU T -QRH FGU % 5GTXKNKWU #JCNC T $CD $/% %TCYH 5[F 5GJT UEJÌPGU 'ZGORNCT

1,5:1

6450

6451

1,5:1

Õ &GPCT X %JT 4QO 3 2QORGKWU 4WHWU I -QRH 5WNNCU T -QRH FGU 3 2QORGKWU 4WHWU T $CD $/% %TCYH 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC &CU 5VÒEM \GKIV FKG DGKFGP -QPUWNP FGU ,CJTGU X %JT FGP DGTÒJOVGP &KEVCVQT 5WNNC )TQ­XCVGT OÒVVGTNKEJGTUGKVU FGU /ÒP\OGKUVGTU WPF 3 2QORGKWU 4WHWU )TQ­XCVGT X·VGTNKEJGTUGKVU FGU /ÒP\OGKUVGTU

71


6452

6453

6454

6455

6456

Õ &GPCT X %JT 4QO 3 2QORGKWU 4WHWU I %WTWNKUEJGT 5VWJN \YKUEJGP 2HGKN WPF .QTDGGT \YGKI %WTWNKUEJGT 5VWJN \YKUEJGP .KVWWU WPF -TCP\ $CD $/% %TCYH 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&KG /ÒP\G HGKGTV FKG DGKFGP )TQ­X·VGT FGU /ÒP\OGKUVGTU GKPOCN 3 2QORGKWU 4WHWU :XKT 2HGKN WPF <YGKI WPF 5WNNC #WIWT .KVWWU FKG \WUCOOGP KO ,CJT X %JT -QPUWNP YCTGP &GT /QPGVCT YQNNVG UKEJ FCOKV HÒT JÌJGTG #WHICDGP GORHGJNGP FGPP GKPG XQTPGJOGTG #DMWPHV CNU XQP \YGK %QPUWNCTGP YCT MCWO OÌINKEJ

Õ &GPCT X %JT 4QO % %QGNKWU %CNFWU I -QRH FGU -QPUWNU % %QGNKWU %CNFWU T 5QNMQRH T FCTWPVGT 4WPFUEJKNF FCJKPVGT .CPIUEJKNF $CD $/% %TCYH D 5[F 'VYCU IGFTÒEMV IWVGU UGJT UEJÌP

&KG DGKFGP 5EJKNFG GKP ICNNKUEJGT WPF GKP OCMGFQPKUEJGT \GKIGP CP FC­ FGT 8QTHCJT FGU /ÒP\OGKUVGTU CWH DGKFGP -TKGIUUEJCWRN·V\GP GTHQNITGKEJ IGM·ORHV JCV

Õ &GPCT X %JT 4QO 2 %QTPGNKWU .GPVWNWU /CTEGNNKPWU I -QRH FGU / %NCWFKWU /CTEGN NWU T FCJKPVGT 6TKUMGNKU / %NCWFKWU /CTEGNNWU RNC\KGTV 6TQRJ·G KP XKGTU·WNKIGO 6GORGN $CD $/% %TCYH 5[F 4 (GKPG 2CVKPC GVYCU DGTKGDGP IWVGU UGJT UEJÌP

&CU 5VÒEM RTGKUV FKG 6CVGP FGU DGTÒJOVGUVGP 8QTHCJTGP FGU /ÒP\OGKUVGTU / %NCWFKWU /CTEGNNWU JCVVG KO \YGKVGP RWPKUEJGP -TKGI 5[TCMWU GTQDGTV CWH FKGUG 6CV YGKUV FKG 6TKUMGNKU CWH FGO #XGTU JKP &GT 4GXGTU HGKGTV FKG 2NCV\KGTWPI FGT URQNKC QRKOC FGT XQP GKPGO TÌOKUEJGP *GGTHÒJTGT FGO IGIPGTKUEJGP #PHÒJTGT KO <YGKMCORH CDIGTWPIGPGP 9CHHGP KO 6GORGN FGU ,WRKVGT (GTGVTKWU /CTEGNNWU HÒJTVG -TKGI IGIGP FKG +PUWDTGT WPF MQPPVG FGTGP -ÌPKI 8KTKFQOCTWU KO <YGKMCORH DGUKGIGP &KGUG *GNFGPVCV YWTFG XQP 0CGXKWU KP FGT HCDWNC RTCGVGZVC %NCUVKFKWO DGUWPIGP

Õ &GPCT X %JT 4QO % 8KDKWU 2CPUC I .KDGTMQRH T OKV 'HGWMTCP\ %GTGU KP 5EJNCP IGPDKIC T $CD $/% %TCYH D 5[F 4 (GKPG 2CVKPC MN 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

Õ &GPCT X %JT 4QO &GEKOWU 2QUVWOKWU #NDKPWU $TWVK H I /CTUMQRH T OKV *GNO <YGK %CTP[EGU ÒDGT -TGW\ QDGP QXCNGT 5EJKNF WPVGP 4WPFUEJKNF $CD $/% %TCYH C 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&GT /ÒP\OGKUVGT YCT GKP #PJ·PIGT %CGUCTU WPF M·ORHVG KP )CNNKGP FCJGT FKG 4ÒEMUGKVGPFCTUVGNNWPI 'T IGJÌTVG UR·VGT \W FGP %CGUCTOÌTFGTP

1,5:1

6457

1,5:1

Õ &GPCT X %JT 4QO &GEKOWU 2QUVWOKWU #NDKPWU $TWVK H I 2KGVCUMQRH T <YGK *·PFG JCNVGP %CFWEGWU $CD $/% %TCYH 5[F -N 2T·IGUEJY·EJG CO 4CPF HCUV UVGORGNHTKUEJGU 2TCEJVGZGORNCT

&KG 4ÒEMUGKVG FGU 5VÒEMGU U[ODQNKUKGTV FKG ENGOGPVKC %CGUCTKU

6458

6459

Õ &GPCT X %JT 4QO &GEKOWU 2QUVWOKWU #NDKPWU $TWVK H I 2KGVCUMQRH T <YGK *·PFG JCNVGP %CFWEGWU $CD $/% %TCYH 5[F 9KP\ -TCV\GT IWVGU UGJT UEJÌP

Õ &GPCT X %JT 4QO % 8KDKWU 2CPUC WPF & +WPKWU $TWVWU #NDKPWU I 2CPOCUMG T <YGK *·PFG JCNVGP %CFWEGWU $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

72


6460

6461

6462

Õ &GPCT X %JT 4QO . 2NCWVKWU 2NCPEWU I /GFWUGPJCWRV X X #WTQTC HNKGIV T WPF HÒJTV FKG 2HGTFG FGU 5QPPGPIQVVGU $CD $/% %TCYH E 5[F D 4 'VYCU IGFTÒEMV UQPUV HCUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO % #PVKWU 4GUVKQ I -QRH FGU % #PVKWU 4GUVKQ T *GTEWNGU IGJV T OKV -GWNG WPF 6TQRJ·G $CD $/% %TCYH 5[F (CUV UGJT UEJÌP

#WH FGO #XGTU FGU 5VÒEMGU KUV FGT 8CVGT FGU /ÒP\OGKUVGTU CDIGDKNFGV FGT KO ,CJT X %JT 8QNMUVTKDWP YCT X %JT HCPF UKEJ WPUGT /ÒP\OGKUVGT CWH FGP 2TQUETKRVKQPUNKUVGP FGT 6TKWOXKTP YKGFGT WPF HNQJ \W 5GZVWU 2QORGKWU PCEJ 5K\KNKGP

Õ &GPCT X %JT 4QO 6 %CTKUKWU I 8KEVQTKCDÒUVG T 8KEVQTKC KP $KIC T $CD $/% %TCYH 5[F 4 )WVGU UGJT UEJÌP

&KG 8KEVQTKC DG\KGJV UKEJ CWH FKG 'THQNIG %CGUCTU KP #HTKMC

6463

6465

6464

6466

Õ &GPCT X %JT 4QO . 8CNGTKWU #EKUEWNWU I #RQNNQMQRH T FCJKPVGT #EKUEWNWU 'WTQRC CWH 5VKGT T $CD $/% %TCYH C 5[F (GKPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT 5COONWPI &T /G[GT %QNQPKGPUKU #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

Õ &GPCT X %JT 4QO . 8CNGTKWU #EKUEWNWU I #RQNNQMQRH T FCJKPVGT #EKUEWNWU 'WTQRC CWH 5VKGT T $CD $/% %TCYH C 5[F (CUV UGJT UEJÌP

Õ &GPCT X %JT 4QO . (NCOKPKWU %JKNQ I 8GPWUMQRH T OKV &KCFGO 8KEVQTKC KP $KIC T $CD $/% %TCYH 5[F 4 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

Õ &GPCT X %JT 4QO 2 #EEQNGKWU .CTKUEQNWU I -QRH FGT &KCPC 0GOQTGPUKU T &TGKHC EJG -WNVUVCVWG FGT &KCPC 0GOQTGPUKU X X &KCPC *GECVG 5GNGPG $CD $/% %TCYH 5[F 4 (GKPG 2CVKPC MN 2T·IGUEJY·EJG MN -TCV\GT CWH FGO 4GXGTU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG (COKNKG FGU /ÒP\OGKUVGTU UVCOOVG CWU #TKEKC YQ UKEJ 6GORGN WPF JGKNKIGT *CKP FGT &KCPC 0GOQTGPUKU DGHCPFGP &GT 2TKGUVGT FGT )ÌVVKP FGT 4GZ 0GOQTGPUKU YCT GKP GPVHNQJGPGT 5MNCXG FGT UGKPGP 8QTI·PIGT KO <YGKMCORH IGVÌVGV JCDGP OW­VG 1EVCXKCPU /WVVGT UVCOOVG GDGPHCNNU CWU #TKEKC WPF OÌINKEJGTYGKUG JCV 1EVCXKCP 'KPHNW­ CWH FKG 9CJN FGU /ÒP\V[RU IGJCDV

6467

6468

6469

Õ &GPCT X %JT 4QO 2 %NQFKWU 6WTTKPWU I #RQNNQMQRH T FCJKPVGT .[TC &KCPC .WEK HGTC OKV \YGK (CEMGNP UVGJV X X $CD $/% %TCYH 5[F .GKEJVG 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH FGU .KXKPGKWU 4GIWNWU T %WTWNKUEJGT 5VWJN \YKUEJGP LG FTGK (CUEGU $CD $/% %TCYH 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&CU GKPFTWEMUXQNNG 2QTVT·V CWH FGT 8QTFGTUGKVG UVGNNV YQJN GKPGP 2TCGHGEVWU WTDK FCT ÒDGT FGP YGKVGT PKEJVU DGMCPPV KUV

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH FGU 2TCGVQTU . .KXKPGKWU 4GIWNWU T /QFKWU \YKUEJGP \YGK JTGP $CD $/% %TCYH 5[F 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&CU 2QTVT·V \GKIV FGP 8CVGT FGU /ÒP\OGKUVGTU &KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FKG -QTPXGTVGKNWPI FKG FKGUGT FWTEJ\WHÒJTGP JCVVG

73


6470

1,5:1

1,5:1

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU -QRH FGU 2TCGVQTU . .KXKPGKWU 4GIWNWU T )NCFKC VQT N KO -CORH OKV GKPGO .ÌYGP KO *KPVGTITWPF )NCFKCVQT N KO -CORH OKV GKPGO 2CPVGT N XGTYWP FGVGT 'DGT $CD $/% %TCYH 5[F 9KP\ )TCHHKVQ CWH FGT 8QTFGTUGKVG CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

/ÌINKEJGTYGKUG YKNN FGT /ÒP\OGKUVGT OKV FGT 4GXGTUFCTUVGNNWPI CWH FKG 5RKGNG JKPYGKUGP FKG GT XGTCPUVCNVGV J·VVG YGPP GT \WO #GFKN IGY·JNV YQTFGP Y·TG

6471

1,5:1

1,5:1

Ô #WTGWU X %JT 4QO % 8KDKWU 8CTWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ 8GPWU UVGJV N WPF DGVTCEJVGV UKEJ KP GKPGO 5RKGIGN FCJKPVGT 5·WNG $CD $/% %CNKEQ %TCYH 5[F 44 (CUV UGJT UEJÌP &CXKF 5GCT DG\KGJV UQYQJN FGP #RQNNQMQRH FGT 8QTFGTUGKVG CNU CWEJ FKG 8GPWU FGU 4GXGTUGU CWH FCU )GUEJNGEJV FGT ,WNKGT &GT #WTGWU GTKPPGTV CNUQ CP FGP GTOQTFGVGP %CGUCT YCU UKEJGTNKEJ KP <WUCOOGPJCPI OKV FGO -CORH FGT 6TKWOXKTP IGIGP FKG %CGUCTOÌTFGT UVGJV

6473

6472

Õ &GPCT X %JT 4QO % 8KDKWU 8CTWU I *GTEWNGUMQRH T OKV .QTDGGTMTCP\ #VJGPC UVGJV T OKV 5RGGT WPF 5EJKNF $CD $/% %TCYH 5[F 4ÒEMUGKVG N FG\GPVTKGTV MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

Õ &GPCT X %JT 4QO . /WUUKFKWU .QPIWU I &TCRKGTVG $ÒUVG FGU 5QN HCUV X X <YGK 5VCVWGP FGT 8GPWU %NQCEKPC CWH 2NCVVHQTO $CD $/% %TCYH C 5[F 4 *GTXQTTCIGPF \GPVTKGTVGU UGJT UEJÌPGU 'ZGORNCT

6474

6475

6476

+/2'4#614+5%*' 24 )70)'0

%P 2QORGKWU /CIPWU OKPQT Ŏ X %JT Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG 3 5KEKPKWU WPF % %QRQPKWU I #RQNNQMQRH T OKV &KCFGO FCTWPVGT 5VGTP -GWNG FCTÒDGT .ÌYGP HGNN N 2HGKN T $QIGP $CD $/% %TCYH C 5GCT 5[F -N 2TÒHRWP\GP WPF MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP XQT\ÒINKEJ

Õ &GPCT X %JT ITKGEJKUEJG /ÒP\UV·VVG I 2TQSWCGUVQT 6GTGPVKWU 8CTTQ I ,WRKVGT DÒUVG T <GRVGT \YKUEJGP &GNRJKP WPF #FNGT $CD $/% %TCYH C 5GCT 5[F 4 (CUV UGJT UEJÌP

&GT 2TQSWCGUVQT 6GTGPVKWU 8CTTQ KUV PKEJV OKV FGO DGTÒJOVGP 7PKXGTUCNIGNGJTVGP INGKEJGP 0COGPU KFGPVKUEJ FGT $ÒEJGT CWH CNNGP 9KUUGPUIGDKGVGP XGTHC­V JCDGP UQNN

Õ &GPCT X %JT %QTFWDC /CTEWU 2QDNKEKWU I 4QOCMQRH T OKV *GNO *KURCPKC T TGKEJV 2QORGKWU ! GKPGP <YGKI $CD $/% %TCYH C 5GCT 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 9CJTUEJGKPNKEJ YKTF CWH FGO 4GXGTU 2QORGKWU WPF MGKP UEJNKEJVGT 5QNFCV XQP *KURCPKC GORHCPIGP

74


6478

6477

6479

6480

Õ &GPCT X %JT %QTFWDC /CTEWU 2QDNKEKWU I 4QOCMQRH T OKV *GNO *KURCPKC T TGKEJV 2QORGKWU ! GKPGP <YGKI $CD $/% %TCYH C 5GCT 5[F .GKEJV FG\GPVTKGTV UGJT UEJÌP

3 %CGEKNKWU /GVGNNWU 2KWU 5EKRKQ Ŏ X %JT Õ &GPCT X %JT CHTKMCPKUEJG /ÒP\UV·VVG I ,WRKVGTMQRH T 'NGHCPV T $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌPGU 'ZGORNCT

0CEJ 2JCTUCNQU UCOOGNVG UKEJ GKP ITQ­GT 6GKN FGT 2QORGKCPGT WPVGT FGO -QOOCPFQ XQP 3 %CGEKNKWU /GVGNNWU 7PUGTG /ÒP\G KUV FCU 2TQFWMV FGT .CIGTOÒP\UV·VVG &GT CTEJCKUEJG ,WRKVGTMQRH DGIGIPGV CWEJ CWH GKPGO #WTGWU

7PKMWO KP 2CTKU WPF GKPGO &GPCT %TCYH YQ GT FWTEJ GKPGP #FNGTMQRH CNU $GK\GKEJGP GKPFGWVKI KFGPVKHK\KGTV KUV

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKMC /CTEWU 'RRKWU I #HTKMCMQRH KO 'NGHCP VGPUMCNR T FCXQT JTG FCTWPVGT 2HNWI *GTEWNGU UVGJV X X OKV -GWNG WPF .ÌYGPHGNN $CD $/% %TCYH 5GCT 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

3 %CGEKNKWU /GVGNNWU 2KWU 5EKRKQ YCT FGT -QOOCPFGWT FGT 2QORGKCPGT KP #HTKMC 'T ÒDGTNGDVG FKG 5EJNCEJV DGK 6JCRUWU WPF Y·JNVG DCNF FCTCWH KP *KRRQ 4GIKWU FGP (TGKVQF /CTEWU 'RRKWU NKG­ FKGUGU 5VÒEM YQJN CNU NGICVWU HKUEK ECUVTGPUKU RT·IGP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKMC /CTEWU 'RRKWU I #HTKMCMQRH KO 'NGHCP VGPUMCNR T FCXQT JTG FCTWPVGT 2HNWI *GTEWNGU UVGJV X X OKV -GWNG WPF .ÌYGPHGNN $CD $/% %TCYH 5GCT 5[F (CUV UGJT UEJÌP

6481

1,5:1

1,5:1

% ,WNKWU %CGUCT Ŏ X %JT Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKG UVGTIGT·VG $CD $/% %TCYH 5GCT 5[F 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI &KG 4ÒEMUGKVG \GKIV %CGUCTU #OV CNU 2QPVKHGZ OCZKOWU CP FKG GKP\KIG QHHK\KGNNG 5VGNNWPI FKG GT \W $GIKPP FGU $ÒTIGTMTKGIGU DGMNGKFGVG

6482

6483

6484

6485

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGTIGT·VG $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGTIGT·VG $CD $/% %TCYH 5GCT 5[F )WV \GPVTKGTVGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGTIGT·VG $CD $/% %TCYH 5GCT 5[F 4ÒEMUGKVG GVYCU UEJYCEJ CWUIGRT·IV UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGTIGT·VG $CD $/% %TCYH 5GCT 5[F )GFTÒEMV UGJT UEJÌP

75


6487

6486

1,5:1

6488

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGTIGT·VG $CD $/% %TCYH 5GCT 5[F (CUV UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I -QRH FGT %NGOGPVKC ! T 6TQRJ·G CWU ICNNKUEJGP 9CHHGP T #ZV $CD $/% %TCYH 5GCT 5[F 'VYCU FG\GPVTKGTV HCUV XQT\ÒINKEJ

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKEC I 8GPWUMQRH T #GPGCU N VT·IV UGKPGP 8CVGT #PEJKUGU WPF FCU 2CNNCFKWO CWU FGO DTGPPGPFGP 6TQLC $CD $/% %TCYH 5GCT 5[F *GTTNKEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

%CGUCT UVGNNVG KP UGKPGT 2TQRCICPFC KOOGT YKGFGT UGKPG #DUVCOOWPI XQP FGP CWH FKGUGT /ÒP\G FCTIGUVGNNVGP O[VJKUEJGP 8QTHCJTGP JGTCWU #UECPKWU +WNWU FGT 5QJP FGU #GPGCU IKNV CNU 5VCOOXCVGT FGT ,WNKGT #GPGCU YKGFGTWO UVCOOVG XQP 8GPWU CD *KGT XGTDKPFGV UKEJ FKG )TÒPFWPIUUCIG 4QOU U[ODQNKUKGTV FWTEJ FCU 2CNNCFKWO OKV FGO 7TURTWPI FGT IGPU +WNKC

6490

6489

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKEC I 8GPWUMQRH T #GPGCU N VT·IV UGKPGP 8CVGT #PEJKUGU WPF FCU 2CNNCFKWO CWU FGO DTGPPGPFGP 6TQLC $CD $/% %TCYH 5GCT 5[F 8QTFGTUGKVG FG\GPVTKGTV UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKEC I 8GPWUMQRH T #GPGCU N VT·IV UGKPGP 8CVGT #PEJKUGU WPF FCU 2CNNCFKWO CWU FGO DTGPPGPFGP 6TQLC $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKEC I 8GPWUMQRH T #GPGCU N VT·IV UGKPGP 8CVGT #PEJKUGU WPF FCU 2CNNCFKWO CWU FGO DTGPPGPFGP 6TQLC $CD $/% %TCYH 5GCT 5[F (CUV UGJT UEJÌP

1,5:1

6491

6492

1,5:1

Ô #WTGWU X %JT 4QO # *KTVKWU I 8GUVCMQRH T OKV 5EJNGKGT 2TKGUVGTIGT·VG $CD $/% %CNKEQ D %TCYH 5GCT 5[F )WVGU UGJT UEJÌP *KTVKWU YCT GKP .GICV %CGUCTU 0CEJ FGUUGP 'TOQTFWPI DGMNGKFGVG GT FCU -QPUWNCV 'T XGTHC­VG CWEJ FCU $WEJ FGU DGTÒJOVGP 9GTMGU FG DGNNQ ICNNKEQ

6493

Õ &GPCT X %JT 7VKEC ! I %GTGUMQRH T 2TKGUVGTIGT·VG T / $CD $/% %TCYH D 5GCT C 5[F 5GJT UEJÌP &CU / CWH FGO 4GXGTU UVGJV YQJN HÒT OWPWU )GUEJGPM JKGT #DHKPFWPI WPF KUV GKP *KPYGKU FCTCWH FC­ FKGUG /ÒP\GP \WT $G\CJNWPI XQP %CGUCTU 8GVGTCPGP IGFKGPV JCDGP

76


1,5:1

6494

1,5:1

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I -QRH FGT 8GPWU )GPGVTKZ T FCJKPVGT %WRKFQ 6TQRJ·G FCTWPVGT \YGK ICNNKUEJG )GHCPIGPG $CD $/% %TCYH 5GCT 5[F 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJ

&KGUGU 5VÒEM YWTFG \WT $G\CJNWPI FGT 8GVGTCPGP %CGUCTU Y·JTGPF FGU -CORHGU IGIGP FKG 2QORGKCPGT KP 5RCPKGP IGRT·IV &KG )GHCPIGPGP CWH FGT 4ÒEMUGKVG UKPF GKPG VTCWGTPFG (TCW WPF GKP IGHGUUGNVGT /CPP FGUUGP -QRH FGO 6[R FGU 8GTEKPIGVQTKZ GPVURTKEJV

6497

6495

1,5:1

6496

1,5:1

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I -QRH FGT 8GPWU )GPGVTKZ T FCJKPVGT %WRKFQ 6TQRJ·G FCTWPVGT \YGK ICNNKUEJG )GHCPIGPG $CD $/% %TCYH 5GCT 5[F )WVGU UGJT UEJÌP

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I -QRH FGT 8GPWU )GPGVTKZ T FCJKPVGT %WRKFQ 6TQRJ·G FCTWPVGT \YGK ICNNKUEJG )GHCPIGPG $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO / /GVVKWU I -QRH %CGUCTU T OKV -TCP\ FCJKPVGT .KVWWU WPF %W NWNNWU 8GPWU UVGJV N OKV 8KEVQTKC WPF <GRVGT CP GKPGP CWH GKPGO )NQDWU UVGJGPFGP 5EJKNF IGNGJPV $CD $/% %TCYH 5GCT 5[F 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC /GVVKWU HÒJTV CWH FKGUGO 5VÒEM FKG 8GTYGPFWPI XQP -QPVTQNNDWEJUVCDGP PGW GKP FKG UGKV NCPIGO PKEJV OGJT XGTYGPFGV YQTFGP YCTGP

6498

1,5:1

6499

1,5:1

1,5:1

Õ &GPCT X %JT 4QO 2 5GRWNNKWU /CEGT I -QRH %CGUCTU T OKV .QTDGGTMTCP\ FCJKPVGT CEJV UVTCJNKIGT 5VGTP 8GPWU UVGJV N OKV 8KEVQTKC WPF <GRVGT $CD $/% %TCYH D 5GCT C 5[F 4 *GTXQTTCIGPFGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

%CGUCT VT·IV JKGT FKG EQTQPC CWTGC FGU 6TKWORJCVQTU YKG DGKO .WRGTECNKGP (GUV X %JT &GT 5VGTP KUV CNU <GKEJGP FGU GTYCTVGVGP PGWGP <GKVCNVGTU CP\WUGJGP

Õ &GPCT X %JT 4QO 2 5GRWNNKWU /CEGT I -QRH %CGUCTU T OKV .QTDGGTMTCP\ FCJKPVGT CEJVUVTCJNKIGT 5VGTP 8GPWU UVGJV N OKV 8KEVQTKC WPF <GRVGT $CD $/% %TCYH D 5GCT C 5[F 4 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌP

77


6500

6501

1,5:1

1,5:1

1,5:1

1,5:1

Õ &GPCT X %JT 4QO 2 5GRWNNKWU /CEGT I -QRH T OKV -TCP\ WPF 5EJNGKGT 8GPWU UVGJV N OKV 8KEVQTKC <GRVGT WPF 5EJKNF $CD $/% %TCYH 5GCT F 5[F 44 2T·IGUEJY·EJG CO 4CPF IWVGU UGJT UEJÌP

&KGUG 'OKUUKQP IGJÌTV \W FGP NGV\VGP XQT FGP +FGP FGU /·T\ &GT 5EJNGKGT KUV GKP *KPYGKU CWH FCU #OV FGU 2QPVKHGZ /CZKOWU

Õ &GPCT X %JT 4QO I . .KXKPGKWU 4GIWNWU I -QRH %CGUCTU T OKV .QTDGGTMTCP\ FCJKPVGT .QTDGGT\YGKI FCXQT %CFWEGWU 5VKGT T $CD $/% %TCYH 5GCT 5[F 44 .GKEJV MQTTQFKGTV 2TÒHRWP\GP CWH FGO #XGTU MN -TCV\GT UGJT UEJÌP &KG 4ÒEMUGKVGPFCTUVGNNWPI DG\KGJV UKEJ OÌINKEJGTYGKUG CWH GKPG $GIGDGPJGKV XQT 6JCRUWU 'KP 1RHGTUVKGT HNQJ XQO #NVCT %CGUCT NKG­ UKEJ XQP FKGUGO UEJNGEJVGP 1OGP CDGT PKEJV UEJTGEMGP 5WGVQP &KXWU +WNKWU &KGU YCT . .KXKPGKWU 4GIWNWU UKEJGT DGMCPPV FC GT WPVGT %CGUCT KP #HTKEC IGFKGPV JCVVG

6502

1,5:1

1,5:1

6504

6503

Õ &GPCT X %JT 4QO . /WUUKFKWU .QPIWU I -QRH %CGUCTU T OKV .QTDGGTMTCP\ (ÒNN JQTP CWH )NQDWU \YKUEJGP 5VGWGTTWFGT %CFWEGWU WPF #RGZ $CD $/% %TCYH 5GCT 5[F C 4 5EJÌPpUGJT UEJÌP

&KGUG 2TQRCICPFCRT·IWPI KP <WUCOOGPJCPI OKV FGT #WUGKPCPFGTUGV\WPI \YKUEJGP /CTE #PVQP WPF 1EVCXKCP GKPGTUGKVU WPF FGP %CGUCTOÌTFGTP CPFGTGTUGKVU UVGNNV %CGUCTU 'THQNIG \W .CPF WPF \WT 5GG U[ODQNKUKGTV FWTEJ FCU 5VGWGTTWFGT WPF FCU (ÒNNJQTP CWH FGO )NQDWU JGTCWU WPF XGTYGKUV OKV FGO #RGZ FCTCWH FC­ %CGUCT 2QPVKHGZ /CZKOWU YCT WPF FGO TÌOKUEJGP 8QNM )NÒEM HGNKEKVCU IGDTCEJV JCV U[ODQNKUKGTV FWTEJ FGP %CFWEGWU

/ +WPKWU $TWVWU Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG . 5GUVKWU 3WKTKPCNKU I .KDGTVCUMQRH T OKV 5EJNGKGT &TGKHW­ \YKUEJGP #ZV WPF 5KORWNWO $CD $/% %TCYH 5GCT 5[F 4GXGTU OKP MQTTQFKGTV XQT\ÒINKEJ . 5GUVKWU 3WKTKPCNKU NKGH UR·VGT \W #WIWUVWU ÒDGT WPF YWTFG X %JT %QPUWN UWHHGEVWU 9·JTGPF UGKPGT <GKV KO *GGT FGU $TWVWU FÒTHVG GT UKEJ OKV *QTC\ CPIGHTGWPFGV JCDGP FGT KJO GKPG UGKPGT 1FGP YKFOGVG

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP QFGT 0QTFITKGEJGPNCPF .GICV 2GFCPKWU %QUVC I .') %156# #RQNNQMQRH T OKV .QTDGGTMTCP\ +/2 $48685 6TQRJ·G $CD $/% %TCYH 5GCT 5[F 44 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

2GFCPKWU %QUVC YCT GKPGT FGT .GICVGP FGU $TWVWU KO -CORH IGIGP FKG 6TKWOXKTP

1,5:1

6505

1,5:1

5GZVWU 2QORGKWU Ŏ X %JT Õ &GPCT X %JT UK\KNKUEJG /ÒP\UV·VVG I -QRH FGU 0GRVWP T OKV &KCFGO ÒDGT FGT 5EJWNVGT &TGK\CEM 6TQRJ·G FCTÒDGT &TGK\CEM FCTWPVGT #PMGT CP FGT $CUKU FKG -ÌRHG XQP 5E[NNC WPF %JCT[DFKU $/% %TCYH C D 5GCT 5[F 8QTFGTUGKVG NGKEJV FG\GPVTKGTV HCUV XQT\ÒINKEJ &CU 5VÒEM HGKGTV FGP 5KGI FGU 2QORGKWU ÒDGT FKG XQP 1EVCXKCPWU IGIGP KJP IGUCPFVG (NQVVG FGU 5CNXKFKGPWU 5E[NNC WPF %JCT[DFKU U[ODQNKUKGTGP FKG /GGTGPIG XQP /GUUKPC YQ FKG 5GGUEJNCEJV UVCVVHCPF

78


1,5:1

6506

1,5:1

Õ &GPCT X %JT WPDGUVKOOVG UK\KNKUEJG /ÒP\UV·VVG I -QRH FGU 2QORGKWU OCIPWU T N %CRKU T .KVWWU 0GRVWP UVGJV N \YKUEJGP #PCRKCU WPF #ORJKPQOWU FKG KJTG 'NVGTP VTCIGP $/% $CD %TCYH C 5GCT 5[F 44 $TGKVGT 5EJTÌVNKPI JGTXQTTCIGPFGU 2QTVT·V HCUV XQT\ÒINKEJGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC &KG $TÒFGT #PCRKCU WPF #ORJKPQOWU JCVVGP KJTG 'NVGTP Y·JTGPF GKPGU #WUDTWEJGU FGU #GVPC KP 5KEJGTJGKV IGDTCEJV +P FKGUGT 4GXGTUFCTUVGNNWPI YKTF CNUQ RTCMVK\KGTVG 2KGVCU IG\GKIV YCU OKV FGT #PPCJOG FGU 6KVGNU 2KWU FWTEJ 5GZVWU 2QORGKWU KP <WUCOOGPJCPI UVGJGP FÒTHVG

6507

6508

6509

/CTEWU #PVQPKWU Ŏ X %JT Õ &GPCT X %JT 4QO % 8KDKWU 8CTWU I -QRH T 8GPWU UVGJV N OKV 8KEVQTKC WPF (ÒNNJQTP $CD $/% %TCYH 5GCT 5[F 4 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

&GT #XGTU \GKIV /CTEWU #PVQPKWU OKV GKPGO MWT\GP $CTV FGT UGKPG 6TCWGT WO %CGUCT U[ODQNKUKGTV 'TUV PCEJ FGT 5EJNCEJV XQP 2JKNKRRK KP FGT FKG %CGUCTOÌTFGT DGUKGIV YQTFGP YCTGP NKG­ /CTEWU #PVQPKWU UKEJ QJPG $CTV FCTUVGNNGP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T FCJKPVGT .KVWWU 5QNMQRH T $CD $/% %TCYH 5GCT 5[F 4 -N -QTTQUKQPUUVGNNG CWH FGO #XGTU HCUV UGJT UEJÌP

Õ &GPCT X %JT #VJGP I /CTEWU #PVQPKWU UVGJV T CNU #WIWT 5QNMQRH T $CD $/% %TCYH 5GCT 5[F 4 (GKP IGVÌPV IWVGU UGJT UEJÌP

6511

6510

1,5:1

6512

1,5:1

Õ &GPCT X %JT #PVKQEJKC ! I -QRH T #TOGPKUEJG 6KCTC FCJKPVGT 2HGKN WPF $QIGP $CD $/% %TCYH 5GCT 5[F 44 -QTTQFKGTV UGJT UEJÌP

&CU 5VÒEM HGKGTV FGP 'KPOCTUEJ FGU %CPKFKWU %TCUUWU KP #TOGPKGP KO ,CJT X %JT 'U KUV FQTV CWEJ OÌINKEJGTYGKUG KP GKPGT .CIGTOÒP\UV·VVG GPVUVCPFGP %CPKFKWU %TCUUWU YCT $GHGJNUJCDGT FGU .CPFJGGTGU FGU /CTEWU #PVQPKWU 8QP -NGQRCVTC DGUVQEJGP FGT GKP\KIG GTJCNVGPG 2CR[TWU OKV FGT *CPFUEJTKHV FGT -NGQRCVTC DGHC­V UKEJ KPVGTGUUCPVGTYGKUG OKV 5VGWGTDGHTGKWPIGP HÒT %CPKFKWU %TCUUWU YCT GU %CPKFKWU %TCUUWU FGT /CTEWU #PVQPKWU FC\W DTCEJVG FKG ·I[RVKUEJG -ÌPKIKP CO -TKGIUIGUEJGJGP VGKNPGJOGP \W NCUUGP 2NWVCTEJ /CTEWU #PVQPKWU $GK #EVKWO ·PFGTVG GT UGKPG /GKPWPI 2NWVCTEJ /CTEWU #PVQPKWU FQEJ GU YCT \W UR·V

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') +++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F /KP MQTTQFKGTV IWVGU UGJT UEJÌP

'U JCPFGNV UKEJ YQJN WO FKG NGIKQ +++ )CNNKEC

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 9KP\ -TCV\GT UGJT UEJÌP

#WU GKPGT CNVGP .GIKQ 8+ %CGUCTU IKPIGP \YGK .GIKQPGP JGTXQT FKG .GIKQ 8+ (GTTCVC CWH FGT 5GKVG FGU /CTEWU #PVQPKWU WPF FKG XQP 1EVCXKCP CWHIGUVGNNVG .GIKQ 8+ 8KEVTKZ UR·VGT W C KP 0QXCGUKWO 0GWUU WPF %CUVTC 8GVGTC :CPVGP UVCVKQPKGTV

79


6513

6514

1,5:1

6515

1,5:1

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') : .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :8++++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 44 -N -TCV\GT UGJT UEJÌP

&KG .GIKQ : YWTFG WTURTÒPINKEJ X %JT CWHIGUVGNNV WPF YCT FKG .KGDNKPIUNGIKQP %CGUCTU X %JT YWTFG UKG GTPGWV CWHIGUVGNNV WPF YCT PCEJ FGO $ÒTIGTMTKGI \WP·EJUV KP *KURCPKC WNVGTKQT UVCVKQPKGTV IGNCPIVG KP PGTQPKUEJGT <GKV PCEJ %CTPWPVWO YWTFG CDGT P %JT YKGFGT PCEJ 5RCPKGP IGUCPFV YQ UKG KO ,CJT HÒT 8KVGNNKWU 2CTVGK GTITKHH 5EJNKG­NKEJ YWTFG UKG CWEJ PQEJ KP *CTGPCVKWO 4KPFGTP 0QXKQOCIWU $CVCXQTWO 0KLOGIGP #SWKPEWO

$WFCRGUV WPF UEJNKG­NKEJ 8KPFQDQPC 9KGP UVCVKQPKGTV

&KG .GIKQ :8++++ IKPI KP FGT 8CTWUUEJNCEJV KO ,CJTG P %JT WPVGT &GP #FNGT FGT .GIKQP MQPPVG UR·VGT GKPG XQP )GTOCPKEWU IGIGP FKG $TWEVGTGT IGUCPFVG NGKEJVG *GGTGUCDVGKNWPI WPVGT . 5VGTVKPKWU \WTÒEMIGYKPPGP &GT &GPCT OKV FGT 5EJTGKDYGKUG .') :8++++ KUV CPFGTU CNU LGPGT OKV .') :+: ·W­GTUV UGNVGP

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :+: .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 9KP\ 2TÒHRWP\G CWH FGO #XGTU HGKPG 2CVKPC UGJT UEJÌP

6516

6517

1,5:1

6518

1,5:1

WPF % ,WNKWU %CGUCT Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP FGT )CNNKC %KUCNRKPC I -QRH FGU /CTEWU #PVQPKWU T FCJKPVGT .KVWWU -QRH %CGUCTU T OKV -TCP\ FCJKPVGT %CRKU $CD $/% %TCYH 5GCT 5[F 4 *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP HCUV XQT\ÒINKEJ 'U JCPFGNV UKEJ WO FKG GTUVG 2T·IWPI FKG FGP 0COGP FGU /CTEWU #PVQPKWU VT·IV

WPF 1EVCXKCPWU Õ &GPCT X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F (GKPG 2CVKPC UGJT UEJÌPGU 'ZGORNCT

6519

80

WPF / #GOKNKWU .GRKFWU Õ 3WKPCT X %JT .CIGTOÒP\UV·VVG KP )CNNKGP I .KVWWU %CRKU WPF 4CDG 5KORWNWO #URGTIKNNWO #ZV #RGZ $CD $/% %TCYH 5GCT 5[F C 4 5EJÌPpUGJT UEJÌP

&GT /ÒP\OGKUVGT VT·IV FGP WPIGYÌJPNKEJGP 6KVGN 3 2 SWCGUVQT RTQ RTCGVQTG

6520

6519

Õ 3WKPCT X %JT ICNNKUEJG /ÒP\UV·VVG I %QPEQTFKCMQRH T OKV 5EJNGKGT <YGK *·PFG JCNVGP %CFWEGWU $CD $/% %TCYH D 5GCT 5[F -N 4CPFCWUDTWEJ OKP MQTTQFKGTV UGJT UEJÌP

WPF 1EVCXKC Õ %KUVQRJQT X %JT 'RJGUWU I -QRH T OKV 'HGWMTCP\ -QRH FGT 1EVCXKC T CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $CD $/% 42% 5GCT 5[F 4 5EJÌP


6521

6522

6522 1,5:1

1,5:1

WPF -NGQRCVTC Õ &GPCT X %JT #NGZCPFTKC I -QRH T FCJKPVGT CTOGPKUEJG 6KCTC &TCRKGTVG $ÒUVG T OKV &KCFGO FCXQT 2TQTC $CD $/% %TCYH 5GCT 5[F 44 (GKPG 2CVKPC )TCHHKVK CWH FGO #XGTU 2TÒHRWP\G CWH FGO 4GXGTU HCUV UGJT UEJÌP -NGQRCVTC 8++ FKG NGV\VG -ÌPKIKP I[RVGPU WPF FKG )GNKGDVG FGU /CTEWU #PVQPKWU VT·IV CWH FKGUGO 5VÒEM FGP 6KVGN -ÌPKIKP FGT -ÌPKIG &KGUGT 6KVGN FGT FGO -CKUGTVKVGN GPVURTKEJV WPF FGP XQTJGT GKIGPVNKEJ PWT FKG #EJCGOGPKFGP IGVTCIGP JCVVGP YWTFG -NGQRCVTC YGPKIG 6CIG PCEJ FGO IGYCNVKIGP 6TKWORJ\WI CPN·­NKEJ FGU 5KGIGU ÒDGT #TOGPKGP FGT \WT ITQ­GP 'PVTÒUVWPI FGT 4ÌOGT KP #NGZCPFTKC UVCVVHCPF XQP /CTEWU #PVQPKWU XGTNKGJGP #WEJ FKG -KPFGT FGT -NGQRCVTC YWTFGP DGK FKGUGT )GNGIGPJGKV \W -ÌPKIGP GTJQDGP FKGU YKTF CWEJ CWH FGT /ÒP\G GTY·JPV

1EVCXKCPWU Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T -TCP\ CWH EWTWNKUEJGO 5VWJN $CD $/% %TCYH C 5GCT 5[F 2T·IGUEJY·EJG CO 4CPF HGKPG 2CVKPC UGJT UEJÌP

6523

/ª0<'0 &'4 4¤/+5%*'0 -#+5'4<'+6

#WIWUVWU X P %JT Õ &GPCT X %JT 4QO I 8KEVQTKC OKV -TCP\ WPF <YGKI CWH 2TQTC T -CKUGT KP 3WCFTKIC T OKV <YGKI $/% %QJ 4+%w 5GJT UEJÌP

6524

6525

1,5:1

1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I $ÒUVG FGU #WIWUVWU CNU 6GTOKPWU T OKV .QTDGGT MTCP\ FCJKPVGT $NKV\ -CKUGT UKV\V N OKV 8KEVQTKC CWH EWTWNKUEJGO 5VWJN $/% %QJ 4+%w #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 5VCPFDKNF CWH 4QUVTCNU·WNG $/% %QJ 4+%w .GKEJV FG\GPVTKGTV 2TÒHRWP\G CWH FGO 4GXGTU IWVGU UGJT UEJÌP

+O 4+% YKTF FKG 8QTFGTUGKVG CNU #RQNNQMQRH DGUEJTKGDGP CDGT FKG JPNKEJMGKV OKV FGO INGKEJ\GKVKIGP #WIWUVWURQTVT·V KUV UQ ITQ­ FC­ JÌEJUVGPU #WIWUVWU CNU #RQNNQ FCTIGUVGNNV UGKP MCPP &C MGKPG 7OUEJTKHV XQTJCPFGP KUV OW­ FKG $GXÌNMGTWPI FCOCNU FGP -QRH CNU FGP FGU #WIWUVWU CPIGUGJGP JCDGP

6526

6527

Õ 3WKPCT X %JT 'OGTKVC I -QRH N 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQRJ·G $/% %QJ 4+%w D 5GJT UEJÌP

Õ &GPCT X %JT RGNQRQPPGUKUEJG /ÒP\UV·VVG I -QRH T %QTQPC TQUVTCVC $/% %QJ 4+%w 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG 4U &CTUVGNNWPI FKGUGU JÌEJUV UGNVGPGP &GPCTU \GKIV GKPGP -TCP\ KP FGP 2TQTGP GKPIGHNQEJVGP UKPF 9KG FCU KP 9KTMNKEJMGKV CWUUCJ KUV UEJYGT XQTUVGNNDCT YGPP OCP PKEJV DGUQPFGTG /KPKCVWTGP CPPKOOV

81


6529

1,5:1

6528

1,5:1

6528

Õ &GPCT X %JT 5COQU I -QRH T 5VKGT UVGJV T $/% %QJ 4+%w 44 -N 5EJTÌVNKPIUTK­ XQT\ÒINKEJGU 2TCEJVGZGORNCT

&GT 5VKGT IGJÌTV \WO 2QUGKFQP -WNV FGT CWH 5COQU GKP <GPVTWO JCVVG

Õ &GPCT X %JT 5COQU I -QRH T 5VKGT UVGJV T $/% %QJ 4+%w 44 5EJTÌVNKPIUTK­ UGJT UEJÌP

6531

6532

6530

1,5:1

1,5:1

Õ &GPCT X %JT 4QO 2 2GVTQPKWU 6WTRKNKCPWU I (GTQPKCDÒUVG T -PKGPFGT 2CTVJGT T RT·UGPVKGTV 5VCPFCTVG $/% %QJ 4+%w 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG XQP %TCUUWU X %JT CP FKG 2CTVJGT XGTNQTGPGP (GNF\GKEJGP JCDGP FKG 4ÌOGT X %JT CWH FKRNQOCVKUEJGO 9GIG \WTÒEMIGYKPPGP MÌPPGP /KV FGO KJO GKIGPGP TQDWUVGP 5GNDUVDGYW­VUGKP UVGNNVG #WIWUVWU FKGU KP UGKPGO 6CVGPDGTKEJV UQ FCT &KG 2CTVJGT JCDG KEJ IG\YWPIGP FKG $GWVG WPF (GNF\GKEJGP FTGKGT TÌOKUEJGT *GGTG \WTÒEM\WIGDGP WPF FKG (TGWPFUEJCHV FGU 4ÌOKUEJGP 8QNMGU \W GTHNGJGP

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 5GEJUU·WNKIGT 6GORGN FGU /CTU 7NVQT FCTKP .GIKQPUCFNGT $/% %QJ 4+%w C 2TÒHRWP\G CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I -QRH N OKV .QTDGGTMTCP\ 5GEJUU·WNKIGT 6GORGN FGU /CTU 7NVQT FCTKP .GIKQPUCFNGT $/% %QJ 4+%w D 2TÒHRWP\G CWH FGO #XGTU IWVGU UGJT UEJÌP

6534

6533

1,5:1

1,5:1

6533

&WRQPFKWU X %JT 4QO 2 .KEKPKWU 5VQNQ I &TGK <GKNGP 5EJTKHV KP -TCP\ 5% $/% %QJ 4+%w &WPMNG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT WPDGUVKOOVG /ÒP\UV·VVG %[\KEWU ! I -QRH T KP 'KEJGPMTCP\ -CPFGNC DGT KP GKPGO OKV \YGK 2CVGTCG WPF \YGK $WETCPKC IGUEJOÒEMVGP -TCP\ $/% %QJ )CKWU %CG UCT 4+%w 44 #VVTCMVKXGU 'ZGORNCT IWVGU UGJT UEJÌP 'U YKTF IGNGIGPVNKEJ CWEJ JGWVG PQEJ FKG #WHHCUUWPI %QJGPU XGTVTGVGP FCU 2QTVT·V FGT 8QTFGTUGKVG UVGNNG FGP 'PMGN FGU #WIWUVWU )CKWU %CGUCT FCT QDYQJN FKGUG &GWVWPI UQYQJN KO $/% KO %$0 CNU CWEJ KO 4+%w N·PIUV YKFGTNGIV KUV &CU 2QTVT·V FGT 8QTFGTUGKVG KUV UKEJGT LWIGPFNKEJ GKP FTGKL·JTKIGT -PCDG )CKWU %CGUCT YWTFG KO #WIWUV QFGT 5GRVGODGT X %JT IGDQTGP KUV CDGT DGUVKOOV PKEJV FCTIGUVGNNV &CU 5VÒEM HGKGTV FKG NWFK UCGEWNCTGU FKG KP FGT 0CEJV \WO ,WPK X %JT GTÌHHPGV YWTFGP WPF FTGK 6CIG WPF FTGK 0·EJVG FCWGTVGP FGT -CPFGNCDGT DG\KGJV UKEJ UKEJGT CWH FKG P·EJVNKEJGP (GKGTP FGT -TCP\ OKV FGP 2CVGTCG WPF $WETCPKC URKGNV OÌINKEJGTYGKUG CWH FKG (GKGTP CO 6CIG CP FGPP 4KPFGT YWTFGP XQP #WIWUVWU WPF #ITKRRC PWT CO WPF ,WPK VCIUÒDGT IGQRHGTV XGTIN 5WVJGTNCPF 6JG FCVG CPF VJG UKIPKHKECPEG QH VJG ECPFGNCDTWO EQKPU QH #WIWUVWU KP %NCUUKECN 4GXKGY 5 HH

82


6535

1,5:1

Õ &GPCT X %JT .WIFWPWO I -QRH T #WIWUVWU UKV\V N CWH 2QFKWO WPF GORH·PIV <YGKIG XQP \YGK 5QNFCVGP $/% %QJ 4+%w C 4 (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6536

1,5:1

1,5:1

6536

#U X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU $/% %QJ 4+%w &WPMNG 2CVKPC IWVGU UGJT UEJÌP

#O #WIWUV LGFGP ,CJTGU HGKGTVGP FKG EKXKVCVGU FGT FTGK )CNNKGP CP FKGUGO #NVCT GKP (GUV OKV FGO UKG KJTG 4GKEJUVTGWG DGUV·VKIVGP &GT #NVCT YCT KO ,CJTG X %JT XQP &TWUWU GTTKEJVGV YQTFGP

6537

6538

Õ &GPCT X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 5VKGT UVÌ­V T $/% %QJ 4+%w C 44 -QTTQFKGTV UGJT UEJÌP

Õ &GPCT X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ )GTOCPG UVGJV T WPF ÒDGTTGKEJV #WIWUVWU GKP -KPF CNU )GKUGN $/% %QJ 4+%w C 4 'VYCU MQTTQFKGTV UGJT UEJÌP

&GT 4GXGTU HGKGTV FKG 'THQNIG FGU 6KDGTKWU KP )GTOCPKGP KO ,CJT X %JT \W FGPGP 8GNNGKWU 2CVGTEWNWU UEJTKGD 'T WPVGTYCTH )GTOCPKGP UQ XQNNUV·PFKI FC­ GT GU HCUV \W GKPGT VTKDWVRHNKEJVKIGP 2TQXKP\ OCEJVG &KG )GTOCPGP OW­VGP UQICT )GKUGNP UVGNNGP YCU CWH WPUGTGO 5VÒEM CDIGDKNFGV KUV

1,5:1

6539

1,5:1

Ô #WTGWU X %JT I -QRH T OKV .QTDGGTMTCP\ )CKWU %CGUCT TGKVGV T OKV 5RGGT WPF 5EJKNF FCJKPVGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %CNKEQ %QJ 4+%w (CUV UGJT UEJÌP

6540

6541

3WCFTCPU X %JT 4QO #RTQPKWU )CNWU /GUUCNC WPF 5KUGPPC I #NVCT 5% $/% %QJ 4+%w KTTVÒONKEJG $GUEJTGKDWPI $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

Ô #WTGWU X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ )CKWU WPF .WEKWU %CGUCTGU UVGJGP X X OKV 5RGGTGP WPF 5EJKNFGP FCTÒDGT 5KORWNWO WPF .KVWWU $/% %CNKEQ %QJ 4+%w 9KP\ 4CPFHGJNGT HCUV UGJT UEJÌP

83


6542

6543

6543

1,5:1

1,5:1

Õ &GPCT X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ )CKWU WPF .WEKWU %CGUCTGU UVGJGP X X OKV 5RGGTGP WPF 5EJKNFGP FCTÒDGT 5KORWNWO WPF .KVWWU $/% %QJ 4+%w 5GJT UEJÌP

&GT 6[R KUV PKEJV YKG KO 4+%w CPIGIGDGP X P %JT \W FCVKGTGP FKGUG 5VÒEMG YWTFGP X %JT IGRT·IV YKG UKEJ CWU FGT 6CVUCEJG GTIKDV FC­ )CKWU %CGUCT KO ,CJT P %JT FGP -QPUWNCV KPPGJCVVG WPF UQOKV PKEJV OGJT FGUKIPKGTVGT -QPUWN YCT -GJPG <WT &CVKGTWPI FGT (WPFOÒP\GP CWU -CNMTKGUG KP 9KGIGNU 4CKPGT *TUI &KG (WPFOÒP\GP XQP -CNMTKGUG WPF FKG HTÒJMCKUGT\GKVNKEJG /ÒP\RT·IWPI /ÌJPGUGG 5 H 5KGJG \WT &CVKGTWPI WPF \WT &GWVWPI FGU 4GXGTUGU CWEJ 9QNVGTU )CKWU WPF .WEKWU %CGUCTGU CNU FGUKIPKGTVG -QPUWNP WPF RTKPEKRGU KWXGPVWVKU &KG NGZ 8CNGTKC %QTPGNKC WPF 4+% +w HH KP %JKTQP 5 HH

Õ &GPCT .WIFWPWO QFGT 4QO I -QRH T OKV .QTDGGTMTCP\ )CKWU WPF .WEKWU %CGUCTGU UVGJGP X X OKV 5RGGTGP WPF 5EJKNFGP FCTÒDGT .KVWWU 5KORWNWO WPF : $/% %QJ 4+%w 4 -N 5EJTÌVNKPIUTK­ HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&CU 5VÒEM HGKGTV YKG 4GKPJCTF 9QNVGTU PCEJYGKUGP MQPPVG FKG NGZ 8CNGTKC %QTPGNKC WPF YWTFG P %JT GPVYGFGT KP .WIFWPWO HÒT GKP UVCFVTÌOKUEJGU 2WDNKMWO QFGT OÌINKEJGTYGKUG UQICT KP 4QO UGNDUV IGRT·IV &CU )GUGV\ DGUVKOOVG FKG 'KPTKEJVWPI XQP 9CJN\GPVWTKGP \WT 8QTYCJN FGT -QPUWNP WPF 2T·VQTGP &CU : CWH FGO 4GXGTU WPF FKG 9CJN FGU )CKWU .WEKWU 6[RU PQEJ PCEJ FGO 6QFG FGT 'PMGN FGU #WIWUVWU GTMN·TV UKEJ FCFWTEJ FC­ FKG <GPVWTKGP PCEJ )CKWU WPF .WEKWU %CGUCTGU DGPCPPV YWTFGP 5KGJG \WT &CVKGTWPI &GWVWPI WPF /ÒP\UV·VVG 9QNVGTU )CKWU WPF .WEKWU %CGUCTGU CNU FGUKIPKGTVG -QPUWNP WPF RTKPEKRGU KWXGPVWVKU &KG NGZ 8CNGTKC %QTPGNKC WPF 4+% +w HH KP %JKTQP 5 HH

6544

#U 4QO I -QRH N 5% $/% %QJ XCT 4+%w &WPMNG 2CVKPC (GNFGT NGKEJV IGIN·VVGV HCUV XQT\ÒINKEJ

1,5:1

6545

1,5:1

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 6KDGTKWU KP 3WCFTKIC T OKV <YGKI WPF #FNGT\GRVGT $/% %QJ 4+%w 4 8QTFGTUGKVG NGKEJV FG\GPVTKGTV RTCEJVXQNNGU 2QTVT·V HCUV UVGORGNHTKUEJ

6546

6547

5GUVGT\ X %JT 2GTICOWO /[UKC I -QRH T %# KP 2GTN WPF .QTDGGTMTCP\ 4+%w 42% 'VYCU $GNCI #XGTU OKP MQTTQFKGTV UGJT UEJÌP

5GUVGT\ X %JT 2GTICOWO /[UKC I -QRH T %# KP 2GTN WPF .QTDGGTMTCP\ 4+%w 42% &WPMGNITÒPG 2CVKPC #XGTU OKP MQTTQFKGTV IWVGU UGJT UEJÌP

84


6548 1,5:1

1,5:1

Õ %KUVQRJQT X %JT 'RJGUQU +QPKC I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N CWH 2CTC \QPKWO OKV -GT[MGKQP FCJKPVGT %KUVC O[UVKEC OKV 5EJNCPIG 42% *GTTNKEJG 2CVKPC #XGTU OKP MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

6549 1,5:1

1,5:1

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T +O .QTDGGTMTCP\ %CRTKEQTP T OKV (ÒNNJQTP 42% 5EJÌPG 6ÌPWPI HCUV XQT\ÒINKEJ

6550

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T +O .QTDGGTMTCP\ %CRTKEQTP T OKV (ÒNNJQTP 42% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

6551

6552

6553

6554

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T +O .QTDGGTMTCP\ %CRTKEQTP T OKV (ÒNNJQTP 42% (CUV UGJT UEJÌP

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T +O .QTDGGTMTCP\ %CRTKEQTP T OKV (ÒNNJQTP 42% 5EJÌPpUGJT UEJÌP

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T $ÒPFGN XQP UGEJU JTGP 42% 5GJT UEJÌP

U WO X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T #8)8 5685 KP -TCP\ 42% $TCWPG 2CVKPC UGJT UEJÌP

85


6555 1,5:1

1,5:1

Õ 6GVTCFTCEJOG ,CJT X %JT #PVKQEJKC CF 1TQPVGO 5[TKC I -QRH T OKV .QT DGGTMTCP\ 6[EJG XQP #PVKQEJKC UKV\V T OKV 2CNO\YGKI WPVGP UEJYKOOGPFGT (NW­IQVV 1TQPVGU 2TKGWT 42% 4 #VVTCMVKXGU 2QTVT·V MN 2T·IGUEJY·EJG XQT\ÒINKEJ &KG 4ÒEMUGKVG IKDV FCU &GPMOCN FGU 'WV[EJKFGU GKPGU 5EJÒNGTU FGU .[UKRRQU YKGFGT FCU KP #PVKQEJKC CWHIGUVGNNV YCT 5EJQP WPVGT 6KITCPGU GTUEJGKPV FKGUG &CTUVGNNWPI CWH /ÒP\GP

6557

6556

6559

6558

#WIWUVWU X P %JT HÒT 6KDGTKWU #U 4QO I -QRH T 5% $/% %QJ 4+%w &WPMNG 2CVKPC UGJT UEJÌP

WPF #ITKRRC Õ &GPCT X %JT 4QO %QUUWU .GPVWNWU I -QRH FGU #WIWUVWU T OKV 'K EJGPMTCP\ -QRH FGU #ITKRRC T OKV GKPGT OKV 2TQTGP XGT\KGTVGP /CWGTMTQPG $/% %QJ 4+%w 8QP ITQ­GT 5GNVGPJGKV -QTTQFKGTV MN 5EJTÌVNKPIUTK­ UGJT UEJÌP

#U 0GOCWUWU I $GKFGT -ÌRHG PCEJ CW­GP DNKEMGPF -TQMQFKN CP 2CNOG IGMGVVGV T 4+%w 42% )TÒPDTCWPG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

OKV 4JQKOGVCNMGU WPF 2[VJQFQTKU XQP $QURQTWU U X P %JT I -QRH FGU #WIWUVWU T -ÌRHG FGU 4JQKOGVCNMGU WPF FGT 2[VJQFQTKU T 42% )TÒPG 2CVKPC IWVGU UGJT UEJÌP

1,5:1

6560

1,5:1

6KDGTKWU Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+%w /KP IGYGNNV MN -TCV\GT UQPUV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT /ÒP\UVGORGN FKGUGU 6[RU OKV .KXKC CNU 2CZ CWH FGO 4GXGTU CNUQ FGO 6[R FGU DGTÒJOVGP 6TKDWVG 2GPP[U FGT $KDGN YWTFGP MÒT\NKEJ KO .GIKQPUNCIGT 8KPFQPKUUC GPVFGEMV 0CEJ FGO CTEJ·QNQIKUEJGP $GHWPF KUV FCXQP CWU\WIGJGP FC­ KP 8KPFQPKUUC GKPG QHHK\KGNNG /ÒP\UV·VVG GZKUVKGTV JCV &KGUG UGPUCVKQPGNNG 'PVFGEMWPI UVGNNV XKGNG /ÒP\UV·VVGP\WYGKUWPIGP FGT HTÒJGP -CKUGT\GKV KP (TCIG FGPP GU KUV FCXQP CWU\WIGJGP FC­ CWEJ KP CPFGTGP .GIKQPUNCIGTP /ÒP\UV·VVGP GZKUVKGTV JCDGP

86


6561

Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+%w -N &TWEMUVGNNGP UGJT UEJÌP

1,5:1

1,5:1

Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+%w #VVTCMVKXGU 2QTVT·V XQT\ÒINKEJ

1,5:1

6562

6563

1,5:1

Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+%w 8QT\ÒINKEJ

6565

6564

6566

Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+%w 5GJT UEJÌPGU 'ZGORNCT

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T $/% %QJ 4+%w 5GJT UEJÌP

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T $/% %QJ 4+%w 5GJT UEJÌP XQT\ÒINKEJ

$GK FKGUGO WPF FGO HQNIGPFGP 5VÒEM JCPFGNV GU UKEJ WO FGP 5KNDGTNKPI FGT $KDGN 6TKDWVG 2GPP[

6567

6568

6567

#U 4QO I -QRH N 5% $/% %QJ 4+%w $TCWPG 2CVKPC 2T·IGUEJY·EJG CO 4CPF IWVGU UGJT UEJÌP

5GUVGT\ 4QO I 6TKWORJCNSWCFTKIC T 5% $/% %QJ 4+%w 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV UEJYCT\ITÒPGT 2CVKPC

&KG NGGTG 3WCFTKIC URKGNV XGTOWVNKEJ CWH FCU 8QTIGJGP FGU . 8KVGNNKWU IGIGP FKG 2CTVJGT CP QDYQJN MGKP $GUEJNW­ ÒDGT FKG <WGTMGPPWPI FGT 5KIPC VTKWORJCNKC HÒT . 8KVGNNKWU DGMCPPV KUV &GT 8CVGT FGU UR·VGTGP -CKUGTU YCT XQP 6KDGTKWU CNU NGICVWU #WIWUVK RTQ RTCGVQTG PCEJ 5[TKGP IGUEJKEMV YQTFGP FC KP #TOGPKGP FGT 2CTVJGTMÌPKI #TVCDCPQU +++ UGKPGP 5QJP #TUCMGU GKPIGUGV\V JCVVG .WEKWU 8KVGNNKWU YCT ·W­GTUV GTHQNITGKEJ GU IGNCPI KJO PKEJV PWT KP #TOGPKGP GKPGP -ÌPKI XQP 4QOU )PCFGP GKP\WUGV\GP UQPFGTP CWEJ KP 2CTVJKGP UGNDUV GKPGP PGWGP -ÌPKI \W KPUVCNNKGTGP #TVCDCPQU +++ OW­VG \W FGP 5M[VJGP HNKGJGP

87


6570

6569

6571

6572

U PCEJ 1GC 5[TVKEC I -QRH N FCXQT #FNGT FCJKPVGT .QTDGGT\YGKI +P -TCP\ &TC RKGTVG $ÒUVG FGU #RQNNQP T FCXQT .[TC 42% 4 $TCWPG 2CVKPC MN -TCV\GT UGJT UEJÌP

WPF &KXWU #WIWUVWU $ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH N OKV .QTDGGTMTCP\ -QRH T OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 42% .GKEJV MQTTQFKGTV HCUV UGJT UEJÌP

HÒT &KXWU #WIWUVWU #U 4QO I -QRH N OKV 5VTCJNGPDKPFG #NVCT $/% %QJ 4+%w )TÒPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #FNGT UVGJV CWH )NQDWU X X -QRH T $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

6574

6573

HÒT .KXKC &WRQPFKWU 4QO I &TCRKGTVG $ÒUVG FGT .KXKC ! CNU +WUVKVKC T OKV &KCFGO 5% $/% %QJ 4+%w $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

OKV )GTOCPKEWU WPF &TWUWU U 4QOWNC *KURCPKC I -QRH N -ÌRHG FGU )GTOCPKEWU WPF FGU &TWUWU GKPCPFGT IGIGPÒDGT 42% 4 $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

6575

6575 1,5:1

HÒT &TWUWU 5GUVGT\ 4QO I $ÒUVGP \YGKGT -KPFGT CWH (ÒNNJÌTPGTP FC\YKUEJGP IGHNÒIGNVGT %CFWEGWU 5% $/% %QJ &TWUWU 4+%w *GNNDTCWPG 2CVKPC GVYCU MQTTQFKGTV IWVGU UGJT UEJÌP #WH FGO (ÒNNJQTP UKPF FKG $ÒUVGP FGT DGKFGP <YKNNKPIUUÌJPG FGU &TWUWU CWU FGT 'JG OKV FGT ·NVGTGP .KXKNNC 6KDGTKWU )GOGNNWU WPF FGT PCEJ UGKPGO DGTÒJOVGP 1PMGN DGPCPPVG )GTOCPKEWU FCTIGUVGNNV

88


6576

1,5:1

1,5:1

#U 4QO I -QRH N 5% $/% %QJ 4+%w $TCWPG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

6577

#U 4QO I -QRH N 5% $/% %QJ 4+%w

6579

6578

$TCWPG 2CVKPC UGJT UEJÌP

6580

#U 4QO I -QRH N 5% $/% %QJ 4+%w

$TCWPG 2CVKPC UGJT UEJÌP

)CKWU %CNKIWNC 5GUVGT\ 4QO I % %#'5#4 #8) )'4/#0+%85 210 / 64 216 -QRH N OKV .QTDGGTMTCP\ #)4+22+0# &485+..# +8.+# #ITKRRKPC &TWUKNNC WPF ,WNKC UVGJGP CNU 5GEWTKVCU %QPEQTFKC WPF (QTVWPC X X $/% %QJ 4+%w 44 )TÒPG 2CVKPC HCUV UGJT UEJÌP

%CNKIWNC UVGNNV CWH FGT 4ÒEMUGKVG FGU 5VÒEMGU UGKPG FTGK 5EJYGUVGTP #ITKRRKPC &TWUKNNC WPF ,WNKC CNU 2GTUQPKHKMCVKQPGP FGT 5KEJGTJGKV 'KPVTCEJV UQYKG FGU )NÒEMGU XQT $GUQPFGTU RKMCPV KUV FKG &CTUVGNNWPI FGT &TWUKNNC CNU %QPEQTFKC OKV FGT GT PCEJ #TV FGT 2VQNGO·GT GKPG )GUEJYKUVGTGJG JCVVG GKPIGJGP YQNNGP QDYQJN GT UKG YKG CWEJ UGKPG CPFGTGP 5EJYGUVGTP \W GKPGT 8GUVCNKP GTJQDGP JCVVG

5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ 5234 22 1$ %+8'5 5'48#615 KP -TCP\ $/% %QJ 4+%w *GTTNKEJG ITÒPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP 89


6581

1,5:1

1,5:1

5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ 5234 22 1$ %+8'5 5'48#615 KP -TCP\ $/% %QJ 4+%w $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

6582

6583

1,5:1

#U 4QO I -QRH N 8GUVC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+%w )TÒPG 2CVKPC IWVGU UGJT UEJÌP

#U 4QO I -QRH N 8GUVC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC XQT\ÒINKEJ

6584

6585

1,5:1

90

HÒT #ITKRRC #U 4QO I -QRH N OKV 4QUVTCNMTQPG 0GRVWP UVGJV N OKV &GNRJKP WPF &TGK \CEM $/% 6KDGTKWU %QJ #ITKRRC 4+%w )TÒPG 2CVKPC CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

#U 4QO I -QRH N OKV 4QUVTCNMTQPG 0GRVWP UVGJV N OKV &GNRJKP WPF &TGK\CEM $/%

6KDGTKWU %QJ #ITKRRC 4+%w )TÒPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ


6586

6587

HÒT #ITKRRKPC OCVGT 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T %CTRGPVWO N $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC N IGIN·VVGV UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T %CTRGPVWO N $/% %QJ 4+%w 4 )TÒPDTCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

#ITKRRKPC FKG )GOCJNKP FGU )GTOCPKEWU YWTFG P %JT XGTDCPPV WPF OCEJVG KJTGO .GDGP P %JT KO #NVGT XQP ,CJTGP GKP 'PFG 5KG JCVVG PGWP -KPFGT \WT 9GNV IGDTCEJV %CNKIWNC GKPGT KJTGT 5ÌJPG NKG­ FCU 5VÒEM \WT 'TKPPGTWPI CP UGKPG /WVVGT RT·IGP WPF XGTYGKUV OKV FGO 4GXGTU CWH FKG UGNVGPG XQO 5GPCV DGUEJNQUUGPG 'JTWPI FC­ UKG CNU (TCW RGT /CWNVKGTYCIGP KP 4QO HCJTGP FWTHVG XGTIN 5WGVQP %NCWFKWU WPF

6588

6590

6589

HÒT )GTOCPKEWU #U 4QO I -QRH N 5% $/% %QJ )GTOCPKEWU 4+%w $TCWPG 2CVKPC HGKPGU 2QTVT·V UGJT UEJÌP

#U 4QO I -QRH N 5% $/% %QJ 4+%w (GJNGT KP FGT .GIGPFGPDGUEJTGK DWPI 4 $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

HÒT 0GTQ WPF &TWUWU %CGUCTGU &WRQPFKWU 4QO I 0GTQ WPF &TWUWU %CGUCTGU TGKVGP T 5% $/% %QJ 4+%w $TCWPG 2CVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

1,5:1

6591

1,5:1

%NCWFKWU Õ &GPCT KVCNKUEJG /ÒP\UV·VVG ! I -QRH T OKV 'KEJGPMTCP\ +P 'KEJGPMTCP\ ': 5% 1$ %+8'5 5'48#615 $/% %QJ XQP -CGPGN 6H 4+%w *GTXQTTCIGPFGU 2QTVT·V UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI &CU 5VÒEM KUV OÌINKEJGTYGKUG FCU 2TQFWMV GKPGT \WT ªDGTRT·IWPI XQP /ÒP\GP FGU %CNKIWNC GKPIGTKEJVGVGP KVCNKUEJGP /ÒP\UV·VVG WPRWDNK\KGTVG 'PVFGEMWPI XQP % %NC[

6592

#U 4QO I -QRH N /KPGTXC T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+%w &WPMNG 2CVKPC UGJT UEJÌP

91


6593

6594

6594

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ 0GOGUKU UVGJV T OKV %CFWEGWU FCXQT 5EJNCPIG $/% XGTIN $/% %CNKEQ XGTIN %QJ XGTIN 4+%w XGTIN 5EJÌP

#U 4QO I -QRH N %QPUVCPVKC UVGJV N OKV GTJQDGPGT 4GEJVGP WPF 5RGGT $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC 4GXGTU GVYCU $GNCI WPF TCWJG 1DGTHN·EJG HCUV XQT\ÒINKEJ

6595 1,5:1

1,5:1

#U 4QO I -QRH N /KPGTXC IGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+%w )TÒPG 2CVKPC XQT\ÒINKEJ

6597

6596

#U 4QO I -QRH N /KPGTXC IGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

HÒT #PVQPKC &WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T %NCWFKWU UVGJV N OKV 5KORW NWO $/% %QJ 4+%w 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

6599

6598

1,5:1

1,5:1

6598

HÒT #ITKRRKPC OCVGT 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 5% $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC 4ÒEMUGKVG \WO 6GKN GVYCU UEJYCEJ IGRT·IV UGJT UEJÌP

#ITKRRKPC OCVGT YCT FKG 6QEJVGT FGU #ITKRRC WPF FGT ,WNKC FGT 6QEJVGT FGU #WIWUVWU 5KG JGKTCVGVG )GTOCPKEWU 0CEJ FGO 6QFG KJTGU /CPPGU YWTFG UKG XQP 6KDGTKWU PCEJ 2CPFCVGTKC XGTDCPPV YQ UKG CO 1MVQDGT XGTJWPIGTV UGKP UQNN

92

WPF #ITKRRKPC HKNKC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T OKV JTGPMTCP\ $/% %QJ 4+%w 44 'VYCU MQTTQFKGTV UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT


6600

6601

6601

HÒT )GTOCPKEWU #U 4QO I -QRH T 5% $/% %QJ 4+%w )TÒPG 2CVKPC UGJT UEJÌP HÒT 0GTQ 5GUVGT\ VJTCMKUEJG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T 5EJKNF FCTCWH '37'56'4 14 &1 24+0%+2+ +88'06 KO *KPVGTITWPF 5RGGT $/% 2N %QJ 4+%w XQP -CGPGN $TKVCPPKEWU #ITKRRKPC /KPQT WPF 0GTQ KP 6JTCMKGP KP 504 6H 44 )TÒPDTCWPG 2CVKPC HCUV UGJT UEJÌP

6603

6602

1,5:1

1,5:1

1,5:1

1,5:1

0GTQ Ô #WTGWU 4QO I -QRH T +P 'KEJGPMTCP\ ': 5% $/% %CNKEQ %QJ 4+%w 5GJT UEJÌP

Ô #WTGWU 4QO I -QRH T %GTGU UVGJV N OKV JTGP /QJPMWIGN WPF (CEMGN $/% %CNKEQ %QJ 4+%w 4 5GJT UEJÌP

6604

6606

1,5:1

6605

6605

Õ &GPCT 4QO I -QRH T 4QOC UVGJV T OKV 5EJKNF (W­ CWH 9CHHGP $/% %QJ 4+%w (GKPG 6ÌPWPI UGJT UEJÌP

&WRQPFKWU WO 4QO I -QRH T OKV 5VTCJNGPDKPFG /CEGNNWO /CIPWO $/% XGTIN %QJ XGTIN 4+%w XGTIN $TCWPG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UKV\V N OKV $NKV\ WPF <GRVGT $/% %QJ 4+%w (CUV UGJT UEJÌP

&GT ITQ­G 4WPFDCW FGT FGP .GDGPUOKVVGNOCTMV DGJGTDGTIVG UVCPF CWH FGO %CGNKWU WPF YWTFG IGYGKJV

1,5:1

6607

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5GEJUU·WNKIGT 4WPFVGORGN FGT 8GUVC FCTKP -WNVDKNF FGT 8GUVC $/% %CNKEQ %QJ 4+%w 5GJT UEJÌP +O ,CJTG YWTFG DGKO $TCPF 4QOU FGT 8GUVCVGORGN \WO CEJVGP /CN XQP GKPGT $TCPFMCVCUVTQRJG DGFTQJV WPF \GTUVÌTV 7PUGT 5VÒEM \GKIV DGTGKVU FGP 0GWDCW OKV GKPGT TGXQNWVKQP·TGP 0GWGTWPI FGO -WNVDKNF 1XKF YCT DGNGJTV YQTFGP FC­ KO 8GUVCVGORGN MGKP -WNVDKNF UVCPF HCUV 8+ WPF MGKPG HTÒJGTG /ÒP\G \GKIV FCU *GKNKIVWO OKV GKPGO -WNVDKNF YGFGT LGPG FGU 3 %CUUKWU OKV FGO TGRWDNKMCPKUEJGP $CW PQEJ LGPG FGU 6KDGTKWU OKV FGO CWIWUV·KUEJGP 6GORGN 'KPGP YGKVGTGP #WTGWU OKV FGT &CTUVGNNWPI FGU 8GUVCVGORGNU HKPFGP 5KG WPVGT 0T

93


6608

6609

5GUVGT\ .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 6TKWORJDQIGP FCTCWH 3WCFTKIC $/% %QJ 4+%w &GVCKNTGKEJG #TEJKVGMVWTFCTUVGNNWPI &WPMGNITÒPG 2CVKPC YKP\ -TCV\GT CWH FGO #XGTU HCUV XQT\ÒINKEJ

5GUVGT\ .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ ÒDGT MNGKPGO )NQDWU 0GTQ TGKVGV T DGINGKVGV XQP GKPGO 1HHK\KGT OKV 8GZKNNWO KO #DUEJPKVV &'%845+1 $/% %QJ 4+%w 4 *GNNDTCWPG 2CVKPC IWVGU UGJT UEJÌP

6610

6611

6610

#U 4QO I -QRH T OKV .QTDGGTMTCP\ ,CPWUVGORGN OKV IGUEJNQUUGPGP 6ÒTGP $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC UGJT UEJÌP

+O ,CJT D\Y YKTF FGT ,CPWUVGORGN IGUEJNQUUGP \WO <GKEJGP FC­ ÒDGTCNN (TKGFGP JGTTUEJV &KGU YCT CDGT PWT XQP MWT\GT &CWGT FGPP KO INGKEJGP ,CJT DGICPP FGT LÒFKUEJG #WHUVCPF

3WCFTCPU 4QO I 'WNG UVGJV X X CWH #NVCT <YGKI $/% %QJ 4+%w )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

1,5:1

6612

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %CNKEQ %QJ 4+%w #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6613

6614

6615

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %QJ 4+%w 5GJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV 5EJKNF $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJ UGJT UEJÌP

#U .WIFWPWO I -QRH T #TC 2CEKU $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

&CU )GNÒDFG HÒT FKG #TC 2CEKU FGU #WIWUVWU YWTFG X %JT CDIGNGIV FKG 'KPYGKJWPI HCPF CO ,CPWCT X %JT UVCVV &CU $CWYGTM UVCPF CWH FGO /CTUHGNF +O ,CJTG YWTFGP PGWP DGCTDGKVGVG $NÌEMG IGHWPFGP FKG CNU \WT #TC 2CEKU IGJÌTKI KFGPVKHK\KGTV YGTFGP MQPPVGP DGICPP FGT 9KGFGTCWHDCW FGU $CWYGTMGU #WIWUVWU GTY·JPV FKG #TC 2CEKU KP FGP 4GU IGUVCG #NU KEJ CWU 5RCPKGP WPF )CNNKGP PCEJ FGT INÒEMNKEJGP 1TFPWPI FKGUGT 2TQXKP\GP \WTÒEMMGJTVG WPVGT FGO -QPUWNCV FGU 6KDGTKWU 0GTQ WPF FGU 2WDNKWU 3WKPVKNKWU DGUEJNQ­ FGT 5GPCV YGIGP OGKPGT 4ÒEMMGJT FKG 9GKJWPI FGT #TC 2CEKU #WIWUVCG CWH FGO /CTUHGNF CP YGNEJGT FKG $GCOVGP FKG 2TKGUVGT WPF FKG 8GUVCNKPPGP GKP L·JTNKEJGU 1RHGT FCTDTKPIGP UQNNVGP

94


6616

1,5:1

6616

#U .WIFWPWO I -QRH T 8KEVQTKC IGJV N OKV 5EJKNF $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC XQT\ÒINKEJ UGJT UEJÌP

6618

6617

5GUVGT\ .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV T OKV (ÒNNJQTP FCXQT UKV\V %GTGU N OKV JTGP WPF (CEMGN FC\YKUEJGP #NVCT OKV /QFKWU KO *KPVGTITWPF 2TQTC $/% %QJ 4+%w 4 $TCWPG 2CVKPC CVVTCMVKXGU 2QTVT·V GVYCU MQTTQFKGTV UGJT UEJÌP XQT\ÒINKEJ

5GUVGT\ .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ ÒDGT MNGKPGO )NQDWU 0GTQ TGKVGV T DGINGKVGV XQP GKPGO 1HHK\KGT OKV 8GZKNNWO KO #DUEJPKVV &'%845+1 $/% %QJ 4+%w 4 $TCWPG 2CVKPC RQNKGTV UGJT UEJÌP

6619

6621

6620

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV .QTDGGTMTCP\ #IC VJQFCKOQP 5EJNCPIG OKV 5MJGPV T CWHIGTKEJVGV WOUEJNKPIV JTGP WPF /QJPMWIGNP )GKUUGP &CV VCTK 42% (CUV UGJT UEJÌP UGJT UEJÌP

WPF 2QRRCGC $ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV 5VTCJNGPDKPFG &TCRKGTVG $ÒUVG T &CVVCTK )GKUUGP 42% 5GJT UEJÌP

8KPFGZ Õ &GPCT /ÒP\UV·VVG KO UÒFNKEJGP )CNNKGP I (+&'5 ':'4%+688/ *CPF UEJNCI (+&'5 24#'614+#0148/ *CPFUEJNCI $/% /CTVKP 4+%w 4 -TCV\GT UGJT UEJÌP

'ZGORNCT FGT #WMVKQP -TKEJGNFQTH 5VWVVICTV 0T

8QP 8KPFGZ IKPI FGT #WHUVCPF IGIGP 0GTQ CWU &C GT UGNDUV PKEJV -CKUGT YGTFGP YQNNVG YCPFVG GT UKEJ CP )CNDC WPF HQTFGTVG KJP \WT ªDGTPCJOG FGT (ÒJTWPI CWH #WU FKGUGO )TWPF HGJNV CWEJ LGFGT FKTGMVG *KPYGKU CWH 8KPFGZ

6622

1,5:1

6622

)CNDC #U 6CTTCEQ QFGT .[QP I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% %QJ 4+%w $TCWPG 2CVKPC HGKPGU 2QTVT·V IWVGU UGJT UEJÌP

95


6623

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF 5VCD $/% %QJ 4+%w 4 $TCWPG 2CVKPC #XGTU CO 4CPF NGKEJV MQTTQFKGTV JGTXQTTCIGPFGU 2QTVT·V UGJT UEJÌP 'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV 0T

6624 1,5:1

1,5:1

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .GIKQPUCFNGT CWH 2TQTC \YKUEJGP \YGK 5VCPFCTVGP CWH 2TQTC $/% %QJ 4+%w 44 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

6625

6627

6626

Õ &GPCT 4QO I -QRH T 5234 1$ %5 KP -TCP\ $/% %QJ 4+%w

5GJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO \YGKI $/% %QJ 4+%w 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

#U 4QO I -QRH N OKV .QTDGGTMTCP\ 8GUVC UKV\V N OKV 2CVGTC WPF 2CNNCFKWO $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

1VJQ Õ &GPCT 4QO I -QRH T 8GUVC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+%w 44 (GKPG 2CVKPC HCUV XQT\ÒINKEJ UGJT UEJÌP

6628

6629

6630

8KVGNNKWU Õ &GPCT 6CTTCEQ ! I -QRH N OKV .QTDGGTMTCP\ FCXQT 2CNO\YGKI /CTU IGJV N OKV 5RGGT 8GZKNNWO WPF #FNGT $/% %QJ XGTIN 4+%w 44 5EJÌPpUGJT UEJÌP

Õ &GPCT URCPKUEJG /ÒP\UV·VVG 6CTTCEQ! I -QRH N OKV .QTDGGTMTCP\ WPVGP )NQDWU WPF 2CNO \YGKI 8KEVQTKC IGJV N OKV 5EJKNF $/% %QJ 4+%w 5GJT UEJÌP

96


6631

1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ %QPEQTFKC UKV\V N OKV 2CVGTC WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+%w 44 5GJT CVVTCMVKXGU 'ZGORNCT YKP\ -TCV\GT XQT\ÒINKEJ

6632

6633

6633

1,5:1

Õ &GPCT 4QO I -QRH T %QPEQTFKC UKV\V N OKV 2CVGTC WPF (ÒNNJQTP $/% %QJ 4+%w 5GJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF <GRVGT $/% %QJ 4+%w 4 &WPMNG 2CVKPC IWVGU UGJT UEJÌP

6634

6635

1,5:1

1,5:1

8GURCUKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF %CFWEGWU $/% %QJ 4+% 8QT\ÒINKEJ UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5RGGT WPF 2CTC\QPKWO FCXQT UKV\V VTCWGTPFG ,WFCGC WPVGT 2CNOG $/% %QJ 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

1,5:1

6636

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2TKGUVGTIGT·VG $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

6637

6638

6637

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF %CFWEGWU $/% %QJ 4+% 5GJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV <YGKI 5VGWGTTWFGT CWH )NQDWU WPF (ÒNNJQTP $/% %QJ 4+% )TÒPG 2CVKPC 4GXGTU GVYCU MQTTQFKGTV IWVGU UGJT UEJÌP UGJT UEJÌP

97


6639

6640

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ ,WF·C UKV\V T WPVGT 2CNOG FCJKPVGT IGHGUUGN VGT ,WFG $/% %QJ 4+% (CUV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV <YGKI WPF (ÒNNJQTP $/% %QJ 4+% )TÒPG 2CVKPC RT·EJVKIGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6641

6642

1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% $TCWPITÒPG 2CVKPC CVVTCMVKXGU 2QTVT·V 4GXGTU OKP MQTTQFKGTV XQT\ÒINKEJ UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV (GNFGT CWH FGO #XGTU NGKEJV IGIN·VVGV IWVGU UGJT UEJÌP

1,5:1

6643

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8GUVCVGORGN \YKUEJGP FGP 5VCVWGP \YGKGT )ÌV VKPPGP KO +PPGTGP 5VCVWG FGT 8GUVC $/% 5 #PO %CNKEQ %QJ 4+% D 44 +PVGTGUUCPVG #TEJKVGMVWTFCTUVGNNWPI 9KP\ -TCV\GT CWH FGT 8QTFGTUGKVG UGJT UEJÌP

&CU 5VÒEM FÒTHVG FGP 9KGFGTCWHDCW FGU 6GORGNU PCEJ FGO PGTQPKUEJGP $TCPF HGKGTP 5KGJG CWEJ 0T

6644 1,5:1

6645

6645

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UKV\V T OKV <GRVGT WPF <YGKI $/% %QJ 4+% (CUV XQT\ÒINKEJ UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5VKGT UVÌ­V T $/% %CNKEQ %QJ 4+% 4 -N 2TÒHURWT CO 4CPF UGJT UEJÌP

98


6646

6647

1,5:1

1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH N WPVGP )TCHHKVK ++: 2CZ UKV\V N OKV <YGKI WPF <GRVGT $/% %CNKEQ D %QJ 4+% )TCHHKVK UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV X X OKV 2CVGTC WPF <GRVGT N #NVCT $/% %QJ 4+% C 5GJT UEJÌPpXQT\ÒINKEJ

1,5:1

6648

1,5:1

Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UKV\V N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% XCT 4 5GJT UEJÌP

6649

6650

6650

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 5RGU IGJV N OKV $NWOG $/% %QJ 4+% C &WPMGNITÒPG 2CVKPC IWVGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

OKV 6KVWU WPF &QOKVKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -ÌRHG FGU 6KVWU WPF FGU &QOKVKCPWU GKPCPFGT IGIGPÒDGT $/% %QJ 4+% 4 5GJT UEJÌP HCUV UGJT UEJÌP

6652

6651

HÒT 6KVWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF <GRVGT $/% %CNKEQ C %QJ 4+% 4 5EJÌP

HÒT &QOKVKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (ÒNNJQTP $/% %QJ 4+% 5EJÌP UGJT UEJÌP

1,5:1

6653

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CTVJGT MPKGV T OKV TÌOKUEJGT 5VCPFCTVG $/% %CNKEQ %QJ 4+% 4 5EJÒTHURWT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ &KG 4ÒEMUGKVGPFCTUVGNNWPI GKP XQP #WIWUVWU ÒDGTPQOOGPGT 6[R XGTIN 0T DG\KGJV UKEJ CWH GKP JÌEJUV DGOGTMGPUYGTVGU 'TGKIPKU GKPG )GUCPFVUEJCHV FGU 2CTVJGTMÌPKIU 8QNQICUGU DCV 8GURCUKCPWU CNUQ CWUIGTGEJPGV FGP TÌOKUEJGP 'TDHGKPF WO OKNKV·TKUEJG *KNHG IGIGP FKG #NCPGP &QOKVKCPWU DGOÒJVG UKEJ WO FKGUGU -QOOCPFQ

99


6654

6655

6KVWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ &TGK JTGP KP 3WCFTKIC N $/% %CNKEQ %QJ 4+% 5EJÌP

#WEJ FGT 4GXGTU FKGUGU 5VÒEMGU KUV XQP #WIWUVWU ÒDGTPQOOGP XGTIN 4+%w 'T DG\KGJV UKEJ CWH GKPG 2TQ\GUUKQP KP FGT FGT -CNCVJQU FGT )ÌVVKP IG\GKIV YWTFG WPF FKG DGK %CNNKOCEJWU DGUEJTKGDGP KUV &GT 6[R KUV CNGZCPFTKPKUEJ WPF WPVGTUVTGKEJV FKG $GFGWVWPI I[RVGPU CNU -QTPMCOOGT 4QOU

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 6JTQP 2WNXKPCT $/% %CNKEQ %QJ 4+% C 5GJT UEJÌP

6656

6658

6657

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &GNRJKP CWH &TGKHW­ $/% %QJ 4+% C 5GJT UEJÌP

5GUVGT\ VJTCMKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV <YGKI WPF (ÒNNJQTP $/% %QJ XGTIN 4+% 42% $TCWPG 2CVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

#U 4QO I -QRH N OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV <YGKI WPF %CFWEGWU $/% %QJ 4+% D )TÒPG 2CVKPC UGJT UEJÌP

&GT &GNRJKP CWH FGO &TGKHW­ YCT GKP 5[ODQN FGU 2TKGUVGTVWOU FGT 3WKPFGEKOXKTK UCETKU HCEKWPFKU

1,5:1

6659

1,5:1

HÒT &KXWU 8GURCUKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ <YGK %CRTK EQTPG FCTÒDGT 5EJKNF OKV FGT #WHUEJTKHV 5% FCTWPVGT )NQDWU $/% %QJ 4+% (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ

&KG 4GXGTUFCTUVGNNWPI KUV XQP GKPGO \W 'JTGP FGU &KXWU #WIWUVWU WPVGT 6KDGTKWU IGRT·IVGP 5GUVGT\GP ÒDGTPQOOGP /ÌINKEJGTYGKUG YCT FGT %CRTKEQTP CWEJ FCU 5VGTPDKNF FGU 8GURCUKCPWU &KG 8QTUVGNNWPI UGKPGT -QPUGMTCVKQP FÒTHVG 8GURCUKCP COÒUCPV IGHWPFGP JCDGP 5Q UCIV FGT -CKUGT DGK 5WGVQP CNU GT UVKTDV 8CG RWVQ FGWU HKQ 1 YGJ KEJ INCWDG KEJ YGTFG GKP )QVV

1,5:1

6660

HÒT &QOKVKCPWU Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UKV\V N OKV -TCP\ WPF 2CNO\YGKI $/% C %QJ 4+% 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

100

1,5:1


6662 6661

6661

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ /KPGTXC IGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ XGTIN 4+% C $TCWPG 2CVKPC UGJT UEJÌP

HÒT ,WNKC 6KVK Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UVGJV T OKV *GNO WPF <GRVGT CP 5·WNG IGNGJPV $/% %QJ 4+% 5GJT UEJÌP

6663

6664

1,5:1

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T 8GUVC UKV\V N OKV 2CNNCFKWO WPF <GRVGT $/% %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

4GUVKVWVKQP HÒT )GTOCPKEWU #U 4QO I -QRH N 5% $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC HCUV UGJT UEJÌP

6665

6666

&QOKVKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &GNRJKP WO #PMGT IG YWPFGP $/% 5 #PO %QJ 4+% (GKPG 2CVKPC )TCHHKVK CWH FGO 4GXGTU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TCWGTPFG )GTOCPKC UKV\V T CWH 5EJKNF WPVGP \GTDTQEJGPGT 5RGGT $/% %QJ 4+% D #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI UGJT UEJÌP

&CU HGKPG 5VÒEM HGKGTV YQJN GKPGP 5KGI FGU &QOKVKCPWU ÒDGT FKG %JCVVGP WPF FKG 7OYCPFNWPI FGT DKU FCJKP FGP ICNNKUEJGP 2TQXKP\GP CFOKPKUVTCVKX \WIGQTFPGVGP NKPMUTJGKPKUEJGP /KNKV·TDG\KTMG KP FKG 2TQXKP\GP )GTOCPKC KPHGTKQT WPF )GTOCPKC UWRGTKQT

6667

6668

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N -CKUGT UVGJV N WPF QRHGTV CWU 2CVGTC ÒDGT #NVCT KO *KPVGTITWPF 6GORGN FGT /KPGTXC $/% %QJ 4+% $TCWPG 2CVKPC (GNFGT OKP IGIN·VVGV CVVTCMVKXGU UGJT UEJÌPpXQT\ÒINKEJGU 'ZGORNCT

&CU 5VÒEM \GKIV CWH FGO 4GXGTU GKPG KPVGTGUUCPVG FGVCKNTGKEJG #TEJKVGMVWTFCTUVGNNWPI

#U 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N (QTVWPC UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

101


6670

6669

6671

1,5:1

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ /KPGTXC UVGJV N OKV 5RGGT $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ %15 :++++ 5·WNG FCTCWH .7& 5#'% ('% $/% %QJ 4+% (CUV UGJT UEJÌP

&KG NWFK UCGEWNCTGU FGU &QOKVKCPWU KO ,CJT YCTGP (GKGTP PCEJ FGT CWIWUVGKUEJGP 5·MWNCT·TC HCPFGP LGFQEJ UGEJU ,CJTG XGTHTÒJV UVCVV

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ *GTQNF IGJV N OKV 5VCD WPF 5EJKNF FCXQT -CPFGNCDGT WPF 5·WNG OKV FGT #WHUEJTKHV %15 :++++ .8& 5#'% ('% $/% %QJ 4+% 44 (GKPG 2CVKPC UGJT UEJÌP

6672

1,5:1

1,5:1

6673

6673

Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ %15 :++++ .8& 5#'% ('% *GTQNF IGJV N OKV 5VCD WPF 5EJKNF $/% %QJ 4+% 4 9KP\ -TCV\GT UGJT UEJÌPGU 'ZGORNCT

#U 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT QRHGTV N FCXQT *CTHGP WPF .[TCURKGNGT KO *KPVGTITWPF UGEJUU·WNKIGT 6GORGN $/% %QJ 4+% C 44 $TCWPG 2CVKPC UGJT UEJÌP

&CTIGUVGNNV KUV FKG $KVVG CP ,WPQ HÒT FKG /CVTQPGP FKG CO \YGKVGP 6CI FGT 5CGEWNCTHGKGTP UVCVVHCPFGP

6674

6676

6675

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ /KPGTXC UVGJV N OKV $NKV\DÒPFGN WPF 5RGGT FCJKPVGT 5EJKNF $/% %QJ 4+% 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG 8KTVWU UVGJV T OKV 5RGGT WPF 2CTC\Q PKWO $/% %QJ 4+% &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ &QOKVKCP UVGJV N OKV $NKV\ WPF 5RGGT XQP 8KEVQTKC DGMT·P\V $/% %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

102


6677

6678

6680

6679

1,5:1

3WCFTCPU 4QO I 5% 0CUJQTP N $/% %QJ 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

HÒT ,WNKC 6KVK 6GVTCEJCNMQP 5O[TPC 2TQEQPUWN .WEKWU /GUVTKWU (NQTWU I &TCRKGTVG $ÒUVG T -[DGNG UKV\V N OKV 2CVGTC FCPGDGP .ÌYG N 42% 4 $TCWPG 2CVKPC IWVGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

0GTXC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% 5GJT UEJÌP

6681

1,5:1

6682

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ *CPFUEJNCI $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP $/% %QJ 4+% /CTMCPVGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

6684

6683

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ <YGK *·PFG JCNVGP .GIKQPUCFNGT CWH 2TQTC $/% %QJ 4+% $TCWPG 2CVKPC 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU IWVGU 2QTVT·V UGJT UEJÌPGU 'ZGORNCT &GT PGWG -CKUGT DGUEJYÌTV FKG 'KPKIMGKV FGT .GIKQPGP HTGKNKEJ XGTIGDNKEJ FGPP KO $GUVTGDGP UKEJ FKG 0CEJHQNIG FGU ITGKUGP -CKUGTU \W UKEJGTP TCPIGP \YGK /·PPGT WO FKG )WPUV FGT .GIKQPGP /CTEWU 7NRKWU 6TCKCPWU FGT UR·VGTG -CKUGT WPF / %QTPGNKWU 0KITKPWU %WTKCVKWU /CVGTPWU FGT JÌEJUVFGMQTKGTVG /KNKV·T UGKPGT <GKV \WO EWTUWU JQPQTWO FGU /CVGTPWU UKGJG #NHÌNF[ *CNHOCPP %JKTQP 5 HH

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% %QJ 4+% $TCWPG 2CVKPC IWVGU 2QTVT·V UGJT UEJÌP

6685

6686

6685

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG (QTVWPC UVGJV N OKV 4WFGT WPF (ÒNNJQTP $/% %QJ 4+% &WPMGNITÒPG 2CVKPC IWVGU 2QTVT·V HCUV XQT\ÒINKEJ UGJT UEJÌP

3WCFTCPU 4QO I /QFKWU FCTKP XKGT JTGP %CFWEGWU $/% %QJ 4+% &WPMNG 2CVKPC IWVGU UGJT UEJÌP

103


6689

6688

6687

6687

4GUVKVWVKQP HÒT &KXWU #WIWUVWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5% $/% %QJ 4+% 4 )TÒPG 2CVKPC \YGK MN (GJNUVGNNGP CWH FGO 4GXGTU HCUV UGJT UEJÌP

6TCKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UKV\V N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% )WVGU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC UVGJV T CWH 2TQTC OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% 9KP\ -TCV\GT XQT\ÒINKEJ

6691

6690 1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ %GTGU UVGJV N OKV JTGP WPF (CEMGN $/% %CNKEQ D %QJ 4+% (CUV UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #GSWKVCU UKV\V N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 2CVKPC IWVGU UGJT UEJÌP

6693

6692

6694

1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 5RGU IGJV N OKV $NWOG $/% XCT %QJ 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 8KEVQTKC WPF 5RGGT FCXQT MPKGV &CMGT $/% XCT %QJ 4+% XCT &WPMNG 2CVKPC HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #PPQPC UVGJV N OKV JTGP WPF (ÒNNJQTP FCXQT /QFKWU KO *KPVGTITWPF 2TQTC $/% %QJ 4+% $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK­ IWVGU UGJT UEJÌP

104


6695

6696

1,5:1

1,5:1

1,5:1

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC UVGJV T WPF UEJTGKDV &# %+ %# CWH GKPGP CP GKPGT 2CNOG DGHGUVKIVGP 5EJKNF $/% 5 #PO %QJ 4+% XCT 8QT\ÒINKEJGU 2TCEJVGZGORNCT

&KG &CTUVGNNWPI FGT 4ÒEMUGKVG \GKIV FKG $GFGWVWPI FKG FKG 'TQDGTWPI &CMKGPU WPF FKG 'KPTKEJVWPI CNU 2TQXKP\ KO ,CJT HÒT FKG 4GKEJUXGTYCNVWPI JCVVG /ÌINKEJGTYGKUG YWTFG FCU 5VÒEM \WO HÒPHVGP ,CJTGUVCI FKGUGU 'TGKIPKUUGU IGRT·IV

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #4#$ #&3 KO #DUEJPKVV #TCDKC UVGJV N OKV <YGKI WPF -GWNG FCJKPVGT -COGN N $/% 5 #PO %QJ XGTIN 4+% XCT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

YWTFG FCU 0CDCV·GTTGKEJ XQP 4QO CPPGMVKGTV 'U YKTF CWH FGT /ÒP\G CWUFTÒEMNKEJ FWTEJ #4#$ KC #&3 WKUKVC FCTCWH JKPIGYKGUGP FC­ #TCDKGP GTYQTDGP PKEJV CDGT GTQDGTV YWTFG

6697

6698

6699

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV (GNKEKVCU UVGJV N OKV %CFW EGWU WPF (ÒNNJQTP $/% XGTIN %QJ XGTIN 4+% $TCWPG 2CVKPC UGJT UEJÌP

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% &WPMNG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UKV\V CWH 2NCVVHQTO T FCPGDGP \YGK 1HHK\KGTG FCXQT HÒPH 5QNFCVGP $/% %QJ XGTIN 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

6700

6701 6702

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6TCKCPUU·WNG $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV FCXQT )NQDWU $/% %QJ 4+% (CUV XQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV FCXQT )NQDWU $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV UEJÌPGT ITÒPGT 2CVKPC IWVGU UGJT UEJÌP

105


6703

6704

6705

1,5:1

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2TQXKFGPVKC UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV FCXQT )NQDWU $/% %QJ 4+% )TÒPG 2CVKPC MN 5EJTÌVNKPIUTK­ HCUV XQT\ÒINKEJGU 'ZGORNCT

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UKV\V T CWH 2NCVVHQTO OKV \YGK 1HHK\KGTGP FCXQT HÒPH 5QNFCVGP $/% %QJ 4+% 4 *GNNITÒPG 2CVKPC CVVTCMVKXGU 'ZGORNCT OKP )N·VVWPIUURWTGP UGJT UEJÌPpXQT\ÒINKEJ UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFW EGWU WPF (ÒNNJQTP $/% %QJ 4+% &WPMNG 2CVKPC UGJT UEJÌP

6706

6707

6707

1,5:1

1,5:1

5GOKU 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 6KUEJ FCTCWH 8CUG OKV 2CNO\YGKI WPF -TCP\ $/% %QJ XCT 4+% )TÒPG 2CVKPC IWVGU UGJT UEJÌP

Õ &TCEJOG N[MKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ <YGK .[TCG FCTÒDGT 'WNG 50) X #WNQEM 8QT\ÒINKEJGU 'ZGORNCT

6709 6708

6708

&TCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ +UKU UKV\V T OKV *CTRQMTCVGU &CVVCTK FKGU 'ZGORNCT UKGJG &CVVCTK 5CXKQ 2N )GKUUGP *GTTNKEJG ITÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

OKV &KXWU 0GTXC WPF &KXWU 6TCKCPWU 2CVGT Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT $/% %CNKEQ %QJ XCT 4+% XCT 44 (CUV UGJT UEJÌP &GT 4GXGTU \GKIV UQYQJN 6TCKCPU #FQRVKXXCVGT 0GTXC CNU CWEJ UGKPGP NGKDNKEJGP 8CVGT / 7NRKWU 6TCKCPWU

106


6711

6710

6710

WPF /CTEKCPC U ,CJT #PC\CTDQU %KNKEKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 50) (TCPEG 50) .GXCPVG 4 (CUV UGJT UEJÌP

HÒT &KXC /CTEKCPC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO #FNGT UVGJV T -QRH N $/% %QJ 4+% XGTIN 44 *GNNITÒPG 2CVKPC UEJÌP

1,5:1

6712 1,5:1

HÒT /CVKFKC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 2KGVCU UVGJV X X -QRH N WPF J·NV FKG *·PFG ÒDGT \YGK -KPFGT $/% %CNKEQ %QJ 4+% (CUV XQT\ÒINKEJGU 'ZGORNCT OKV CWUFTWEMUXQNNGO 2QTVT·V /CVKFKC YCT FKG 6QEJVGT FGT /CTEKCPC CNUQ GKPG 0KEJVG FGU -CKUGTU 5KG URKGNVG DGK FGT ªDGTVTCIWPI FGT *GTTUEJCHV CWH *CFTKCP GKPG DGFGWVGPFG 4QNNG

6714

6713

*CFTKCPWU 5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ N FTCRKGTV %QPEQTFKC UKV\V N OKV 2CVGTC FGP N 'NNDQIGP CWH 5VCVWG FGT 5RGU IGUVÒV\V $/% %QJ 4+% C )TÒPDTCWPG 2CVKPC 4GXGTU MQTTQFKGTV UGJT UEJÌP

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG (QTVWPC UKV\V N OKV 5VGWGTTW FGT WPF (ÒNNJQTP $/% %QJ 4+% D $TCWPG 2CVKPC UGJT UEJÌP

6715

1,5:1

1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (QTVWPC UKV\V N OKV 5VGWGTTW FGT CWH )NQDWU WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC RGTHGMV \GPVTKGTV HCUV XQT\ÒINKEJ UGJT UEJÌP

107


6716

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP \YKUEJGP \YGK -KPFGTP $/% %QJ 4+% )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

6717

1,5:1

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGKVGV N OKV 5RGGT WPF GTJQDGPGT 4GEJVGP $/% %CNKEQ %QJ 4+% G 5GJT UEJÌP

6718

1,5:1

6720

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #DWPFCPVKC ! UKV\V N OKV *CMGP WPF (ÒNNJQTP KO #DUEJPKVV )NQDWU $/% %QJ XGTIN 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 2CVKPC

6719

6721

6722

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC UVGJV T OKV 2CNO \YGKI $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5VGTP KP *CNDOQPF WPVGP -WIGN $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 5KGDGP 5VGTPG ÒDGT /QPFUK EJGN $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT WPF (GNKEKVCU TGKEJGP UKEJ FKG *CPF $/% %QJ 4+% 5GJT UEJÌP XQT\ÒINKEJ

6723

6724

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT #NVCT $/% %QJ 4+% 8QT\ÒINKEJ

Õ &GPCT 4QO I -QRH T -CKUGT UVGJV N WPF QRHGTV CWU 2CVGTC ÒDGT &TGKHW­ $/% %QJ 4+% (CUV XQT\ÒINKEJ

108


6725

6726

6727

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #GI[RVQU NCIGTV N OKV 5KUVTWO FCXQT +DKU $/% %QJ 4+% )WVGU UGJT UEJÌP

&KGUGU 5VÒEM UVCOOV YKG CWEJ FKG HQNIGPFGP FTGK /ÒP\GP CWU FGT 5GTKG FGT 2T·IWPIGP \W *CFTKCPU \YGKVGT ITQ­GT 4GKUG FWTEJ FKG 2TQXKP\GP

Õ &GPCT 4QO I -QRH T +6# .+# +VCNKC UVGJV N OKV <GRVGT WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 6ÌPWPI UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 4'56+68614+ *+52#0+#' *CFTKCP UVGJV T WPF GTJGDV *KURCPKC FC\YKUEJGP *CUG $/% %QJ 4+% &WPMGNITÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

1,5:1

6728

1,5:1

Ô #WTGWU 4QO I -QRH N #& 8'0 685 #8) 4QOC UKV\V T CWH 2CP\GT OKV 5RGGT WPF TGKEJV -CKUGT FKG *CPF $/% 5 #PO %CNKEQ %QJ 4+% 4 #VVTCMVKXGU 'ZGORNCT XQP HGKPGO 5VKN IWVGU UGJT UEJÌP &CU 5VÒEM HGKGTV FKG 4ÒEMMGJT *CFTKCPU XQO LÒFKUEJGP -TKGI KO ,CJT

6729

6730

6730

/GFCKNNQP 4QO I -QRH N OKV .QTDGGTMTCP\ 5KNXCPWU IGJV T OKV 5KEJGN FCJKPVGT $CWO WPF *WPF FCXQT 6GORGN %QJ )PGEEJK 8QP ITQ­GT 5GNVGPJGKV )GNQEJV UEJÌP

Õ %KUVQRJQT *KGTCRQNKU 2JT[IKC I &TCRKGTVG $ÒUVG T #RQNNQ UVGJV T OKV 2NGMVTQP WPF .[TC ªDGTRT·IWPIUURWTGP UEJÌPpUGJT UEJÌP

6731

6733

6732

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ 2VCJ 5QMGT 1UKTKU UVGJV T OKV <GRVGT &CVVCTK )GKUUGP (CUV UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV .QTDGGTMTCP\ 6TKRVQNGOQU KP 5EJNCPIGPDKIC T &CVVCTK 5CXKQ #XGTU UVGORGNINGKEJ )GKUUGP XCT 8U .GIGPFG #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

HÒT 5CDKPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %QPEQTFKC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

109


6734

6734

6735

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO +WPQ UVGJV N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+% C /KP MQTTQFKGTV XQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %GTGU UKV\V N CWH )GVTGKFGMQTD OKV (CEMGN WPF JTGP $/% %QJ 4+% &WPMGNITÒPG 2CVKPC #XGTU NGKEJV MQTTQFKGTV UGJT UEJÌP

6736

6737

6737

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 2KGVCU UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+% KTTVÒONKEJG 4GXGTUNGIGPFG $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GUVC UKV\V N OKV 2CNNCFKWO WPF <GRVGT $/% %QJ 4+% )TÒPDTCWPG 2CVKPC UGJT UEJÌP

6739

6738

1,5:1

1,5:1

HÒT #GNKWU #U 4QO I &TCRKGTVG $ÒUVG T 5RGU IGJV N OKV $NWOG $/% 5 #PO %QJ 4+% )TÒPG 2CVKPC HGKPGU 2QTVT·V IWVGU UGJT UEJÌP

HÒT #PVKPQWU *GOKFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV *GO *GO -TQPG #PVKPQQU TGKVGV T OKV -GT[MGKQP $NWO &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 44 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

#PVKPQQU GKP ,ÒPINKPI CWU $KVJ[PKWO KP $KVJ[PKGP YWTFG \WO )GNKGDVGP *CFTKCPU 'T GTVTCPM Y·JTGPF FGT I[RVGPTGKUG FGU -CKUGTU KO 0KN *CFTKCP ITÒPFGVG FCTCWHJKP FKG 5VCFV #PVKPQWRQNKU

6740

110

1,5:1

6741

1,5:1

&KQDQN ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV *GO *GO -TQPG #PVKPQQU TGKVGV T OKV -GT[MGKQP $NWO &CVVCTK )GKUUGP XCT 44 $TCWPG 2CVKPC UGJT UEJÌP

#PVQPKPWU + 2KWU Õ &GPCT 4QO I -QRH T #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 6ÌPWPI XQT\ÒINKEJ


6742

1,5:1

6743

6743

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 9ÌNHKP T KP *ÌJNG OKV 4QOWNWU WPF 4GOWU $/% %QJ 4+% 5GJT UEJÌP

'KPG &CTUVGNNWPI FGT )TÒPFWPIUUCIG 4QOU

&WRQPFKWU 4QO I #0610+085 #8) 2+85 2 2 64 2 -QRH T OKV 5VTCJNGPDKPFG %15 +++ 5CNWU UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG KO (GNF 5 % $/% %QJ 4+% 8QP CNNGTITÌ­VGT 5GNVGPJGKV $TCWPG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

&KGUGT 4GXGTUV[R OKV FGT .GIGPFG %15 +++ 5% YCT DKUNCPI CNU &WRQPFKWU PKEJV DGMCPPV WPF CWEJ CNU 5GUVGT\ YCT PWT FCU 'ZGORNCT %QJ /WU &CPQKU 4+% DGMCPPV DGK YGNEJGO 5VTCEM GKPG 8GTNGUWPI FGT .GIGPFG XGTOWVGVG 5VTCEM 7PVGTUWEJWPIGP \WT TÌOKUEJGP 4GKEJURT·IWPI FGU \YGKVGP ,CJTJWPFGTVU 6GKN +++ 5VWVVICTV 5 0T GU KUV CWEJ KO $/% 5 WPF DGK 4QDGTVUQP 4QOCP +ORGTKCN %QKPU KP VJG *WPVGT %QKP %CDKPGV .QPFQP 5 NZZZX CNU HTCINKEJ CPIGHÒJTV 7PUGT JGTTNKEJGT &WRQPFKWU OKV FGT GKPFGWVKIGP .GIGPFG %15 +++ 5% N·­V XGTOWVGP FC­ %QJGPU .GUWPI FGT .G IGPFG FGU 5GUVGT\GP FWTEJCWU TKEJVKI UGKP MÌPPVG

6744

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #PVQPKPWU 2KWU WPF /CTEWU #WTGNKWU UKV\GP N CWH 2NCVVHQTO FCXQT WPF FCJKPVGT LG GKP 5QNFCV $/% %QJ 4+% 4 &WPMGNITÒPG 2CVKPC MN -QTTQUKQPUUVGNNGP UGJT UEJÌP XQT\ÒINKEJ

6745

6746

6747

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT 5EJNCPIG WO #NVCT IGYWPFGP $/% %QJ 4+% $TCWPG 2CVKPC #XGTU OKP MQTTQFKGTV IWVGU UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 6KDGT NCIGTV N OKV 5EJKNH FKG T *CPF CWH 5EJKHH IGUVÒV\V $/% %QJ 4+% C &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ +VCNKC UKV\V N CWH )NQDWU OKV /CWGT MTQPG (ÒNNJQTP WPF <GRVGT $/% %QJ 4+% C )TÒPG 2CVKPC (GNFGT N IGIN·VVGV UGJT UEJÌPGU 'ZGORNCT

111


6748

6749

#U 4QO I -QRH T OKV .QTDGGTMTCP\ <YGK #PEKNKC $/% %QJ 4+% 4 &WPMGNITÒPG 2CVKPC OKP IGIN·VVGV CWH FGT 8QTFGTUGKVG IWVGU UGJT UEJÌP

&KG #PEKNKC YCTGP FKG JGKNKIGP 5EJKNFG FGU /CTU 'KP UQNEJGT 5EJKNF UQNN FGT 5CIG PCEJ KP FKG DGVGPF XQTIGUVTGEMVGP *·PFG FGU 0WOC IGHCNNGP UGKP WPF FKGUGO UQNN GKPG 5VKOOG XGTMÒPFGV JCDGP FC­ *GKN WPF /CEJV FGU 5VCCVGU XQP FGT 'TJCNVWPI FGU 5EJKNFGU CDJKPIG &CTCWHJKP NKG­ 0WOC FWTEJ /COWTKWU 8GVWTKWU GNH IGPCWG -QRKGP FGU 5EJKNFGU JGTUVGNNGP WPF DGVTCWVG FCU -QNNGIKWO FGT 5CNKGT OKV FGT $GYCEJWPI FGT CPEKNKC /CTEWU #WTGNKWU UVCPF FGP 5CNKGTP XQT &KG /ÒP\G YWTFG XGTOWVNKEJ MQPMTGV CPN·­NKEJ FGT CO /·T\ DGIKPPGPFGP (GKGTP IGRT·IV CP FGPGPGP FKG #PEKNKC XQP FGP 5CNKGTP FWTEJ FKG 5VCFV IGVTCIGP YWTFGP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UKV\V N CWH 2NCVVHQTO FCJKPVGT $G COVGT FCXQT .KDGTCNKVCU O #DCEWU XQT FGT 2NCVVHQTO $ÒTIGT T $/% %QJ 4+% 4 &WPMNG 2CVKPC UGJT UEJÌP &KG 4GXGTUFCTUVGNNWPI DG\KGJV UKEJ CWH FKG .KDGTCNKVCU FGU -CKUGTU

1,5:1

6750

1,5:1

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ /KPGTXC UVGJV N OKV 8KEVQTKC 5RGGT WPF 5EJKNF $/% %CNKEQ FKGU 'ZGORNCT CDIGDKNFGV %QJ 4+% G 44 9KP\ 2TQDKGTURWT CO 4CPF XQT\ÒINKEJ

6751

6752

6753

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTCNKVCU UVGJV N OKV #DCEWU WPF (ÒNN JQTP $/% %QJ XGTIN 4+% (GKPG 2CVKPC XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV JTGP WPF #PMGT FCXQT /QFKWU $/% %QJ 4+% 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU UQPUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 'NGHCPV OKV 2CP\GT T $/% %QJ 4+% C )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

&GT 4GXGTU DG\KGJV UKEJ YCJTUEJGKPNKEJ CWH 5RKGNG CPN·­NKEJ FGU \GJPL·JTKIGP 4GIKGTWPIULWDKN·WOU FGU -CKUGTU

6754 1,5:1

6755

6755

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2KGVCU UVGJV T OKV (TÒEJVGMQTD FCJKPVGT *KPFKP FCXQT #NVCT $/% %QJ 4+% 4 /KP IGYGNNV MN 5EJTÌVNKPIUTK­ UGJT UEJÌP

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV )NQDWU $/% %CNKEQ %QJ 4+% 8QT\ÒINKEJ

112


6756

1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH T 2CZ UVGJV N OKV <YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+% C /CTMCPVGU 2QTVT·V HCUV XQT\ÒINKEJ

6757

6757

6758

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2KGVCU UVGJV T OKV (TÒEJVGMQTD FCJKPVGT *KPFKP FCXQT #NVCT $/% %QJ 4+% 4 (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UKV\V N OKV )NQDWU WPF 5EJTKHV TQNNG XQP 8KEVQTKC DGMT·P\V $/% %QJ 4+% 5EJYCT\G 2CVKPC NGKEJV MQTTQFKGTV UQPUV JGTXQTTCIGPF \GPVTKGTVGU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6759

1,5:1

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG N -CKUGT UVGJV N OKV )NQDWU $/% %CNKEQ %QJ 4+% G 8QT\ÒINKEJGU 'ZGORNCT OKV JGTTNKEJGO 2QTVT·V

6760

6761

6762

6763

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV )NQDWU $/% %CNKEQ %QJ 4+% D 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV JTGP FKG .KPMG CWH GKPGP CWH GKPGT 2TQTC UVGJGPFGP /QFKWU IGUVÒV\V $/% %QJ 4+% 5GJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO \YGKI $/% %CNKEQ %QJ 4+% C #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 6'/2.8/ &+8 #8) 4'56 #EJVU·WNK IGT 6GORGN FGU &KXWU #WIWUVWU FCTKP 5VCVWGP FGU #WIWUVWU WPF FGT .KXKC $/% %QJ 4+% C 5GJT UEJÌP

#PVQPKPWU 2KWU NKG­ FGP 6GORGN FGU &KXWU #WIWUVWU TGUVCWTKGTGP FGT UKEJ YKG CWU GKPGT 0QVK\ DGK 5WGVQP %CNKIWNC JGTXQTIGJV \YKUEJGP 2CNCVKP WPF %CRKVQN DGHCPF

113


6764

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N WPF QRHGTV ÒDGT &TGKHW­ $/% %QJ 4+% )TÒPDTCWPG 2CVKPC (GNFGT OKP IGIN·VVGV HCUV XQT\ÒINKEJGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

6765

1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2KGVCU UVGJV N OKV )NQDWU WPF -KPF \YKUEJGP \YGK -KPFGTP $/% %CNKEQ %QJ 4+% 5GJT CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

6766

6767

6767

3WCFTCPU 4QO I &KCPCMQRH T ÒDGT FGT 5EJWNVGT -ÌEJGT *KTUEJ UVGJV N $/%

*CFTKCPWU /ÒUGNGT 4+% XGTIN *CFTKCP 9Q[VGM :+++ )TÒPG 2CVKPC UGJT UEJÌP

<WT <WYGKUWPI UKGJG 9Q[VGM &KG /GVCNNC 2T·IWPIGP FGU -CKUGTU 6TCKCP WPF UGKPGT 0CEJHQNIGT KP 0<

5

*GOKFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV .QTDGGTMTCP\ 2JCTQU &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 4 $TCWPG 2CVKPC UGJT UEJÌP

&GT 2JCTQU XQP #NGZCPFTKC \·JNV \W FGP UKGDGP 9GNVYWPFGTP FGT #PVKMG &CU OQPWOGPVCNG $CWYGTM YWTFG X %JT HGTVKIIGUVGNNV WPF GKPIGYGKJV &GT .GWEJVVWTO YKTF PQEJ KP GKPGO 4GKUGDGTKEJV CWU FGO HTÒJGP ,CJTJWPFGTV CNU KPVCMV GTY·JPV YWTFG CDGT KO HTÒJGP ,CJTJWPFGTV FWTEJ \YGK UEJYGTG 'TFDGDGP \GTUVÌTV

6768

&TCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV .QTDGGTMTCP\ <Q FKCEWU 8GPWU KP 5VKGT FTCRKGTVG $ÒUVG FGT #RJTQFKVG N ÒDGT N UVQ­GPFGO 5VKGT FCXQT 5VGTP &CVVCTK )GKUUGP 44 (CUV UGJT UEJÌP &CU 5VGTPDKNF 5VKGT YKTF XQP /CPKNKWU YKG HQNIV DGUEJTKGDGP #UVTQPQOKEC + 8QTP UEJCWV FGT 9KFFGT UKEJ WO GTUVTCJNGPF KO IQNFGPGP 8NKGUG UKGJV XQNN 'TUVCWPGP FGP CDIGYGPFGVGP 5VKGT UKEJ GTJGDGP FGT OKV IGUGPMVGO )GUKEJV WPF )GJÌTP FKG <YKNNKPIG CPUEJPCWDV &KGUGU 5VGTPDKNF KUV KP FGT 6KGTMTGKUUGTKG FGU #PVQPKPWU 2KWU UVGVU N UVQ­GPF CNUQ XQP FGT 'TFG CWU IGUGJGP FCTIGUVGNNV WPF PKEJV IGYKUUGTOC­GP XQP CW­GTJCND FGU -QUOQU CNUQ T UVQ­GPF YKG KP CUVTQPQOKUEJGP .GJTIGFKEJVGP QFGT CWH CPVKMGP *KOOGNUINQDGP YKG FGO /CKP\GT #UVTCNINQDWU QFGT FGO )NQDWU FGU #VNCU XQP (CTPGUG &KGUG &CTUVGNNWPI \GKIV CWEJ FC­ GU UKEJ DGK FGO T UVGJGPFGP 5VKGT CWH FGP (QNNGU -CKUGT ,WNKCPU UKGJG 0T OKV JQJGT 9CJTUEJGKPNKEJMGV PKEJV WO FCU 5VGTPDKNF FGU -CKUGTU JCPFGNV 5KGJG 6JQTOCPP <WT &GWVWPI FGU 5VKGTGU CWH FGP (QNNGU -CKUGT ,WNKCPU KP $TGOGT $GKVT·IG \WT /ÒP\ WPF )GNFIGUEJKEJVG 5 HH

114


6770

6771

6769

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ +UKU 2JCTKC UVGJV T OKV IGDCWUEJVGO 5GIGN \WTÒEMDNKEMGPF %WTVKU &CVVCTK 'OOGV )GKUUGP 5NI 5EJNGFGJCWU 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

HÒT (CWUVKPC OCVGT Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T ,WPQ UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT 2HCW $/% %QJ 4+% 5GJT UEJÌP

6772

1,5:1

HÒT &KXC (CWUVKPC OCVGT Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T %GTGU UVGJV N OKV (CEMGN WPF <GRVGT $/% %CNKEQ C %QJ 4+% C 8QT\ÒINKEJGU 2TCEJVGZGORNCT

6773

1,5:1

1,5:1

1,5:1

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T (QTVWPC UVGJV N OKV 2CVGTC WPF 5VGWGTTWFGT CWH )NQDWU $/% %CNKEQ %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6775

6777

6774

6776

6777

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T 2KGVCU QRHGTV N ÒDGT #NVCT $/% 5 #PO %CNKEQ %QJ 4+% D /KP (CUUWPIUURWTGP UGJT UEJÌP

Õ &GPCT PCEJ 4QO I &TCRKGTVG $ÒUVG T 5GEJUU·WNKIGT 6GORGN FCTKP 5VCVWG FGT (CW UVKPC $/% %QJ 4+% (GKPG 2CViPC IWVGU UGJT UEJÌP

#PVQPKPWU + 2KWU NKG­ FGP 6GORGN FGT &KXC (CWUVKPC PCEJ FGO 6QFG UGKPGT )GOCJNKP GTTKEJVGP 0CEJ UGKPGO GKIGPGP 6QF YWTFG FGT 6GORGN CWEJ KJO IGYGKJV

Õ &GPCT PCEJ 4QO I &TCRKGTVG $ÒUVG T %GTGU UVGJV N OKV (CEMGN WPF <GRVGT $/% %QJ 4+% (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T #GVGTPKVCU UKV\V N OKV 2JQGPKZ CWH )NQDWU WPF <GRVGT $/% %QJ 4+% # )TÒPDTCWPG 2CVKPC 4GXGTU OKP MQTTQFKGTV CVVTCMVKXGU 'ZGORNCT XQP HGKPGO 5VKN UGJT UEJÌP XQT\ÒINKEJ

115


6779

6778

1,5:1

6778

1,5:1

HÒT &KXC (CWUVKPC OCVGT WPF )CNGTKWU #PVQPKPWU U WO X %JT %[RTWU ! I &TC RKGTVG $ÒUVG T OKV 5EJNGKGT &TCRKGTVG $ÒUVG T %QJ .KPFITGP +++ 44 4GXGTU MQTTQFKGTV HCUV UGJT UEJÌP UEJÌP

)CNGTKWU #PVQPKPWU YCT GKPGT FGT \YGK LWPI XGTUVQTDGPGP 5ÌJPG FGU #PVQPKPWU 2KWU FGT KO /CWUQNGWO *CFTKCPK

FGT JGWVKIGP 'PIGNUDWTI DGKIGUGV\V YWTFG

HÒT (CWUVKPC HKNKC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG N 6CWDG UVGJV T $/% %CNKEQ D %QJ 4+% D 5GJT UEJÌPpXQT\ÒINKEJ

6780 6781

6781

WPF /CTEWU #WTGNKWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -QRH T $/% %QJ 4+% C 5GJT UEJÌPpXQT\ÒINKEJ

HÒT /CTEWU #WTGNKWU 5GUVGT\ 4QO I -QRH T 2TKGUVGTIGT·VG $/% %QJ 4+% C )TÒPG 2CVKPC UGJT UEJÌP

6783

6782

#U 4QO I -QRH T (ÒNNJQTP $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH T +P 'KEJGPMTCP\ +8 8'0 685 5% $/% %QJ 4+% 4 &WPMNG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

6784

116

6785

6784

5GUVGT\ 4QO I -QRH T 2KGVCU UVGJV N OKV <GRVGT WPF J·NV FKG 4GEJVG ÒDGT GKP -KPF $/% %QJ 4+% C (GKPGT 5VKN FWPMGNITÒPG 2CVKPC MN 5EJTÌVNKPIUTK­ UGJT UEJÌP XQT\ÒINKEJ

#U 4QO I -QRH T 2KGVCU UVGJV N OKV 9GKJTCWEJIGH·­ WPF J·NV KJTG *CPF ÒDGT GKP -KPF $/% %QJ 4+% $TCWPITÒPG 2CVKPC 4GXGTU OKP MQTTQFKGTV HCUV XQT\ÒINKEJGU 'ZGORNCT


6786

1,5:1

1,5:1

Õ &GPCT 4QO I -QRH T )GPKWU UVGJV N OKV 2CVGTC WPF .GIKQPUCFNGT FCXQT #NVCT $/% %QJ 4+% 8QT\ÒINKEJ 2T·IGHTKUEJ

6787

6787 1,5:1

5GUVGT\ 4QO I -QRH T /KPGTXC UVGJV N OKV 8KEVQTKC CWH )NQDWU 5RGGT WPF 5EJKNF $/% XCT %QJ XCT 4+% C XCT 5GJT UGNVGPG 8CTKCPVG )TÒPG 2CVKPC JGTTNKEJGT 5VKN HCUV XQT\ÒINKEJ UGJT UEJÌP

6789

6788

6788

1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH T /KPGTXC IGJV T OKV 5RGGT WPF 5EJKNF $/% %CNKEQ %QJ 4+% C 4 #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

Õ &GPCT 4QO I -QRH T 8KTVWU UVGJV N OKV 2CTC\QPKWO WPF 5RGGT $/% %QJ 4+% 4GXGTU UEJYCEJ CWUIGRT·IV XQT\ÒINKEJ

6791

6790 1,5:1

6790 1,5:1

#PVQPKPWU ++ /CTEWU #WTGNKWU Ô #WTGWU 4QO I -QRH T /CTEWU #WTG NKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF $/% %CNKEQ %QJ 4+% )WVGU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T %QPEQTFKC UKV\V N OKV 2CVGTC 'NNDQIGP CWH GKPG CWH GKPGO (ÒNNJQTP UVGJGPFG 5VCVWG FGT 5RGU IGUVÒV\V $/% %QJ 4+% -N 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

117


6793

6792

1,5:1

6792

1,5:1

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UVGJV N WPF HÒVVGTV 5EJNCPIG $/% 5 #PO %QJ XCT 4+% XCT )TÒPG 2CVKPC HGKPGU 2QTVT·V HCUV XQT\ÒINKEJ UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 6TCWGTPFG #TOGPKC N FKG .KPMG CWH $QIGP WPF -ÌEJGT FCXQT 8GZKNNWO WPF 5EJKNF $/% %QJ XGTIN 4+% (CUV XQT\ÒINKEJ

/CTE #WTGNU /KVMCKUGT .WEKWU 8GTWU JCVVG KO 8QTHGNF UGKPGU 2CTVJGTHGNF\WIGU CWEJ #TOGPKGP WPVGTYQTHGP

6794

6795

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 6TCWGTPFG #TOGPKC N FKG .KPMG CWH $QIGP WPF -ÌEJGT FCXQT 8GZKNNWO WPF 5EJKNF $/% %QJ XGTIN 4+% 8QT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 2CNNCFKWO WPF 2CTC\QPKWO QFGT 5RGGT $/% %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6796

/GFCKNNQP 4QO I / #0610+085 #8) #4/ 2#46* /#: &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 64 2 ::++ +/2 ++++ %15 +++ ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT \YKUEJGP /CTEWU #WTGNKWU WPF .WEKWU 8GTWU %QJ )PGEEJK 6X FKGU 'ZGORNCT CDIGDKNFGV $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP .GW <ÒTKEJ 0T FGT 5COONWPI 0KMNQXKV\ #WMVKQP *CODWTIGT (TCPMHWTV XQO WPF FGU $GTNKPGT -CDKPGVVU CNU &WDNGVVG XGTMCWHV

6797

6798

6797

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N WPF QRHGTV ÒDGT &TGKHW­ $/% %QJ 4+% 5GJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ )'4/#0+# 58$#%6# +/2 8+ %15 +++ 6TCWGTPFG )GTOCPKC UKV\V N WPVGT 6TQRJ·G $/% XCT %QJ 4+% 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP #WHJ·WUGT /ÒPEJGP 0T

YCTGP /CTMQOCPPGP WPF 3WCFGP KP FCU 4GKEJ GKPIGHCNNGP YWTFGP LGFQEJ XQP /CTEWU #WTGNKWU WPF .WEKWU 8GTWU \WTÒEMIGYQTHGP 0CEJ FGO 6QF FGU 8GTWU UGV\VG /CTEWU #WTGNKWU UGKPG 1HHGPUKXG FGTGP <KGN OÌINKEJGTYGKUG KP FGT 'TTKEJVWPI \YGKGT PGWGT 2TQXKP\GP 5CTOCVKC WPF /CTEQOCPPKC DGUVCPF CNNGKPG HQTV &KG 0CEJTKEJV XQP FGT WPVGTYQTHGPGP )GTOCPKC FKG FGT 4GXGTU WPUGTGU 5VÒEMGU XGTMÒPFGV KUV HTGKNKEJ TGKPG 2TQRCICPFC YCU UEJQP FKG 6CVUCEJG \GKIV FC­ FGT -CKUGT FGP 4GUV UGKPGU .GDGPU KO 0QTFGP FGU 4GKEJGU M·ORHVG &GT 4GXGTU WPUGTGU 5VÒEMGU DG\KGJV UKEJ OÌINKEJGTYGKUG MQPMTGV CWH FKG 'THQNIG FGU UR·VGTGP -CKUGTU 2GTVKPCZ WPF FGU / %NCWFKWU 2QORGKCPWU IGIGP FKG /CTMQOCPPGP WPF 3WCFGP

118


6800

6799

6799

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 6TQRJ·G N UKV\V VTCWGTPFG )GTOCPKP T UVGJV IGHGUUGNVGT )GTOCPG $/% %QJ 4+% $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF <GRVGT $/% %QJ 4+% )TÒPG 2CVKPC 4GXGTU UEJYCEJ CWUIGRT·IV XQT\ÒINKEJGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

6801

6803

6802

Õ &GPCT KPQHHK\KGNNG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 642 :: +/2 ++ %15 ++ /CTU UVGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+% 44 )WVGU UGJT UEJÌP

U -QTKPVJ -QTKPVJKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #MTQMQTKPVJ FCTCWH FGT #RJTQFKVGVGORGN WPVGP \YGK YGKVGTG )GD·WFG N $CWO $/% XCT 2TKEG 6TGNN 5 0T XCT 5NI $%& 8QP ITQ­GT 5GNVGPJGKV +PVGTGUUCPVG #TEJKVGMVWTFCTUVGNNWPI DTCWPG 2CVKPC UGJT UEJÌP

&GT #RJTQFKVGVGORGN XQP #MTQMQTKPVJ YCT HÒT UGKPG \CJNTGKEJGP 6GORGNRTQUVKVWKGTVGP DGMCPPV

HÒT &KXWU #PVQPKPWU Õ &GPCT 4QO I -QRH T #PVQPKPWU UKV\V N OKV <YGKI WPF <GR VGT $/% %QJ 4+% )WVGU UGJT UEJÌP

6804

1,5:1

1,5:1

HÒT (CWUVKPC HKNKC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+% )WVGU UGJT UEJÌP

6805

6806

6807

6808

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T 5CNWU UKV\V N WPF HÒVVGTV 5EJNCPIG $/% %CNKEQ %QJ 4+% 9KP\ *GPMGNURWT UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T (GEWPFKVCU UVGJV T OKV <GRVGT WPF -KPF $/% %QJ 4+% 8QT\ÒINKEJ

&KG 4GXGTUFCTUVGNNWPI DG\KGJV UKEJ OÌINKEJGTYGKUG CWH FKG )GDWTV GKPGT 6QEJVGT FGT .WEKNNC KO ,CJTG

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T (QTVWPC UKV\V N OKV 5VGWGTTWFGT CWH )NQDWU WPF (ÒNNJQTP $/% XCT %QJ XCT 4+% XCT 4 5EJÌPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T -[DGNG UKV\V N OKV <YGKI FGP N #TO CWH 6TQOOGN IG UVÒV\V FCPGDGP .ÌYG $/% %QJ 4+% )WVGU UGJT UEJÌP

119


6810

6809

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC MN -QTTQUKQPUUVGNNGP IWVGU UGJT UEJÌP

#U 5VGORGNRTQDG HÒT 4GXGTUG 4QO I 8 ' 5 6 # 8GUVC UVGJV N OKV 5KORWNWO WPF 2CNNCFKWO KO (GNF 5 % 8 ' 5 6 # 8GUVC UVGJV N OKV 5KORWNWO WPF 2CNNCFKWO KO (GNF 5 % 8GTIN \W FKGUGP 5VGO RGNRTQDGP )ÌDN #PVKMG 0WOKUOCVKM 8QP ITQ­GT 5GNVGPJGKV )TÒPG 2CVKPC HCUV UGJT UEJÌP

#PVKMG 2TQDGP UKPF CW­GTQTFGPVNKEJ UGNVGP 9KT JCDGP FCU 5VÒEM KP FKG <GKV FGU /CTEWU #WTGNKWU IGNGIV FC FGT 4GXGTUV[R W C CWH 2T·IWPIGP FKGUGU -CKUGTU HÒT (CWUVKPC HKNKC GTUEJGKPV 4+% )GUKEJGTV KUV FKGUG <WYGKUWPI PKEJV

6812

6813

6814

6811

6811

#U 4QO I &TCRKGTVG $ÒUVG T &KCPC UVGJV T OKV (CEMGN $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

HÒT &KXC (CWUVKPC HKNKC Õ &GPCT PCEJ 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 4QIWU $/% %QJ 4+% 4 #VVTCMVKXGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT PCEJ 4QO I &TCRKGTVG $ÒUVG T *CNDOQPF WPF UKGDGP 5VGTPG $/% %QJ 4+% 4 5GJT UEJÌP

WPF .WEKWU 8GTWU 4GUVKVWVKQP HÒT /CTEWU #PVQPKWU Õ &GPCT 4QO I #0610+85 #8)84 )CNGGTG N KO #DUEJPKVV +++8+4 4 2 % #0610+085 '6 8'485 #8) 4'56 .') 8+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %QJ 4+% 4 5GJT UEJÌP

6816

6815

1,5:1

1,5:1

HÒT &KXWU .WEKWU 8GTWU 5GUVGT\ PCEJ 4QO I -QRH T #FNGT CWH )NQDWU T -QRH N $/% %QJ 4+% )TÒPDTCWPG 2CVKPC IWVGU 2QTVT·V UGJT UEJÌP

HÒT %QOOQFWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 5RGU IGJV N OKV $NWOG $/% 5 #PO %QJ XGTIN 4+% XCT $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

120


6818

6817

6817

1,5:1

1,5:1

.WEKWU 8GTWU Ô #WTGWU 4QO I -QRH T /CTEWU #WTGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T /CTU UVGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+% (GKPG 6ÌPWPI UGJT UEJÌP

1,5:1

6819

1,5:1

Ô 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO \YGKI $/% 5 #PO 5KNDGTSWKPCT %QJ 5KNDGTSWKPCT 4+% 5KNDGTSWKPCT 8QP CNNGTITÌ­VGT 5GNVGPJGKV #NU )QNFSWKPCT YQJN WPGFKGTV 5GJT UEJÌP

6820

1,5:1

1,5:1

6821

6821

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #GSWKVCU UKV\V N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% (CUV RT·IGHTKUEJGU 2TCEJVGZGORNCT

U *CFTKCPQRQNKU 6JTCEKC I &TCRKGTVG $ÒUVG T /CTEWU #WTGNKWU WPF .WEKWU 8GTWU UVGJGP GKPCPFGT IGIGPÒDGT WPF TGKEJGP UKEJ FKG *CPF /QWUJOQX 4 )TÒPG 2CVKPC 4GXGTU N MQTTQFKGTV HCUV UGJT UEJÌP

1,5:1

6822

1,5:1

HÒT .WEKNNC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T +8010+ .8%+0#' +WPQ UVGJV N OKV 5·WINKPI $/% %QJ 4+% 8QT\ÒINKEJ

+WPQ .WEKPC GTUEJGKPV CNU <GKEJGP FGU -KPFGTUGIGPU CWH /ÒP\GP FCU 5VÒEM HGKGTV CNUQ FKG )GDWTV FGT PCOGPVNKEJ NGKFGT PKEJV DGMCPPVGP 6QEJVGT FGU .WEKWU 8GTWU

6823

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UVGJV N OKV #RHGN WPF <GRVGT $/% %QJ 4+% (CUV XQT\ÒINKEJ

121


6824

6825

1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP $/% %QJ 4+% )TÒPDTCWPG 2CVKPC YKP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2KGVCU UVGJV N WPF QRHGTV ÒDGT #NVCT $/% %QJ 4+% #VVTCMVKXGU 2QTVT·V DTCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

6826

6827

%QOOQFWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF 5VCD $/% %QJ 4+% 4QVDTCWPG 2CVKPC HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ %QOOQFWU UKV\V N CWH 2NCVV HQTO FCJKPVGT 1HHK\KGT FCXQT .KDGTCNKVCU OKV #DCEWU WPF (ÒNNJQTP WPF $ÒTIGT $/% %QJ 4+% 44 $TCWPG 2CVKPC UGJT UEJÌP

6829

6828

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ N FTCRKGTV %QOOQFWU UKV\V N CWH 2NCVVHQTO FCJKPVGT 1HHK\KGT FCXQT .KDGTCNKVCU OKV #DCEWU WPF (ÒNNJQTP WPF $ÒTIGT $/% XGTIN %QJ XGTIN 4+% 44 )TÒPG 2CVKPC HCUV UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV 5VCD WPF <GRVGT FCXQT )NQDWU $/% 5 #PO %QJ 4+% &WPMNG 2CVKPC UGJT UEJÌP

6830

6831

6832

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ %QOOQFWU UVGJV N CWH 2QFKWO OKV 5RGGT WPF ITÒ­V FTGK 5QNFCVGP $/% 5 #PO %QJ 4+% F 4 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UKV\V N OKV (ÒNNJQTP WPF J·NV 2HGTF CO <ÒIGN $/% %QJ XGTIN 4+% C 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% -N 5EJTÌVNKPIUTK­ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

122


6833

6833 1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5GEWTKVCU UKV\V N OKV )NQDWU $/% %QJ 4+% (GKPG ITÒPG 2CVKPC OKP MQTTQFKGTV RT·EJVKIGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6834

6835

6836

6837

6838

6838

Õ &GPCT 4QO I -QRH T KO .ÌYGPHGNN -GWNG $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH KO .ÌYGPHGNN T *'4%8.+ 41/#01 #8) $QIGP -GWNG WPF -ÌEJGT $/% %QJ 4+% 5GJT UEJÌP

5GKV YWTFG %QOOQFWU XQP FGO -·OOGTGT WPF 2TCGHGEVWU 2TCGVQTKQ 'ENGEVWU GKPGO I[RVGT KP GKPGP TGNKIKÌUGP /[UVK\KUOWU IGVTKGDGP WPF NKG­ UKEJ UEJNKG­NKEJ CNU TÌOKUEJGT *GTEWNGU XGTGJTGP

Õ &GPCT 4QO I -QRH KO .ÌYGPHGNN T *'4%8.+ 41/#01 #8) $QIGP -GWNG WPF -ÌEJGT $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ + 1 / 5210514 5' % #8) -CKUGT UVGJV N OKV )NQDWU WPF <GRVGT FCJKPVGT UVGJV ,WRKVGT OKV $NKV\ $/% %QJ 4+% (GKPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I -QRH T OKV .QTDGGTMTCP\ 5GIGNUEJKHH T FCJKPVGT 2JCTQU &CVVCTK )GKUUGP 4 5GJT UEJÌP

1,5:1

6839

1,5:1

HÒT &KXWU /CTEWU #WTGNKWU Õ &GPCT 4QO I -QRH T #FNGT UVGJV T CWH )NQDWU -QRH N $/% %QJ 4+% )WVGU UGJT UEJÌP

6840

5GUVGT\ 4QO I -QRH T #FNGT CWH $NKV\ T VT·IV /CTEWU #WTGNKWU IGP *KOOGN $/% %QJ 4+% 4 )TÒPG 2CVKPC IWVGU UGJT UEJÌP

123


6842

6841

6844

6843

6845

HÒT %TKURKPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %GTGU UVGJV N OKV JTGP WPF (CEMGN $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T *CPFUEJNCI $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T *CPFUEJNCI $/% %QJ 4+% 5GJT UEJÌP

2GTVKPCZ Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% C 4 5GJT UEJÌP

&KFKWU ,WNKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV )NQDWU WPF 5EJTKHVTQNNG $/% %QJ 4+% C 4 5GJT UEJÌP HCUV UGJT UEJÌP

6846

6847

6847

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV )NQDWU $/% %QJ 4+% C 4 5EJYCT\DTCWPG 2CVKPC UGJT UEJÌP

%NQFKWU #NDKPWU Õ &GPCT 4QO I -QRH T 4QOC UKV\V N CWH 5EJKNF OKV 2CNNCFKWO WPF <GRVGT $/% %QJ 4+% C )WVGU UGJT UEJÌP

6848

6849

6851

6850

5GUVGT\ 4QO I -QRH T /KPGTXC UVGJV N OKV <YGKI 5RGGT WPF 5EJKNF $/% %QJ 4+% C 4 $TCWPG 2CVKPC UGJT UEJÌP

5GRVKOKWU 5GXGTWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .') =::++? 24+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% 5 #PO %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

&KG .GIKQ ::++ 2TKOKIGPKC YWTFG XQP %CNKIWNC CWHIGUVGNNV WPF YCT W C KP /QIQPVKCEWO %CTPWPVWO WPF %CUVTC 8GVGTC UVCVKQPKGTV

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% &WPMGNITÒPG 2CVKPC JGTTNKEJGU 2QTVT·V HCUV XQT\ÒINKEJ UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF (ÒNNJQTP $/% %QJ 4+% 8QT\ÒINKEJ

124


1,5:1

6852

Õ &GPCT WPDGUVKOOVG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ JTG \YKUEJGP \YGK (ÒNNJÌTPGTP $/% %QJ XGTIN 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC

6854

6853

1,5:1

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG #HTKEC UVGJV T OKV JTGP \W KJTGP (Ò­GP .ÌYG $/% %QJ 4+% 4 )TÒPG 2CVKPC IWVGU UGJT UEJÌP

&GT 4GXGTU HGKGTV LGPG 2TQXKP\ CWU FGT 5GRVKOKWU 5GXGTWU UVCOOVG #HTKEC

#U 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV 8KEVQTKC WPF <GRVGT FCXQT #FNGT \WTÒEMDNKEMGPF $/% 5 #PO %QJ 4+% &WPMNG 2CVKPC JGTTNKEJGU 2QTVT·V HCUV XQT\ÒINKEJ UGJT UEJÌP

6856

6855

6857

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 'NGHCPV IGJV T $/% %QJ 4+% 4 5GJT UEJÌP

Õ &GPCT .CQFKEGC I -QRH T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT .CQFKEGC I -QRH T OKV .QTDGGTMTCP\ +WUVKVKC UKV\V N OKV 2CVGTC WPF <GR VGT $/% %QJ 4+% 8QT\ÒINKEJ

6858

6859

1,5:1

6860

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC HNKGIV N OKV -TCP\ FCXQT 5EJKNF CWH $CUKU $/% %QJ 4+% 8QT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #HTKEC UVGJV T FCXQT .ÌYG T $/% %QJ 4+% -N &TWEMUVGNNG XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &GC %CGNGUVKU TGKVGV CWH GKPGO .ÌYGP T OKV $NKV\ WPF <GRVGT FCTWPVGT UVTÌOV 9CUUGT CWU GKPGO (GNUGP $/% %QJ 4+% 2T·IGUEJY·EJG CWH FGO 4GXGTU XQT\ÒINKEJ

&KG 4GXGTUNGIGPFG \GKIV FKG 8GTDWPFGPJGKV FGU -CKUGTU OKV FGT *CWRVUVCFV UGKPGT *GKOCVRTQXKP\ #HTKEC CNUQ -CTVJCIQ /ÌINKEJGTYGKUG YCT FGT $CW GKPGU #SW·FWMVU HÒT -CTVJCIQ FGT #PNC­ HÒT FKG 2T·IWPI FKGUGT /ÒP\G +O ,CJT JCDGP 5GRVKOKWU 5GXGTWU WPF %CTCECNNC #HTKMC DGUWEJV

125


6863

6861

6862

#UUCTKC +UVTQU /QGUKC KPHGTKQT I -QRH T OKV .QTDGGTMTCP\ $·TVKIGT )QVV OKV -CNCVJQU TGKVGV T FCJKPVGT 8QIGN CWH 5VCD FCXQT #NVCT #/0) )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

HÒT ,WNKC &QOPC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T +WPQ UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT 2HCW $/% %QJ 4+% $TCWPG 2CVKPC 4GXGTU NGKEJV MQTTQFKGTV UGJT UEJÌP

Õ &GPCT .CQFKEGC CF OCTG I &TCRKGTVG $ÒUVG T .CGVKVKC UVGJV N OKV -TCP\ WPF 5VGWGTTWFGT $/% %QJ 4+% 8QT\ÒINKEJ

6864

1,5:1

HÒT ,WNKC &QOPC %CTCECNNC WPF )GVC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG ,WNKC &QOPCU T $ÒUVGP %CTCECNNCU WPF )GVCU GKPCPFGT IGIGPÒDGT $/% %QJ 4+% (CUV XQT\ÒINKEJ

6867

6866

6865

1,5:1

6865

HÒT %CTCECNNC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCD WPF <GRVGT FCJKPVGT 6TQRJ·G $/% %QJ 4+% C )TÒPDTCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

HÒT )GVC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCD WPF 5RGGT FCJKPVGT 6TQRJ·G $/% %QJ 4+% -N 5EJTÌVNKPIUTK­ IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ QRHGTV N ÒDGT &TGKHW­ $/% %QJ 4+% 'VYCU (WPFDGNCI CWH FGO 4GXGTU XQT\ÒINKEJ

1,5:1

6868

1,5:1

6869

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 5GEWTKVCU UKV\V N OKV )NQDWU $/% XCT %QJ 4+% D 8QT\ÒINKEJ

Õ &GPCT .CQFKEGC I &TCRKGTVG $ÒUVG T /KPGTXC UVGJV N OKV 5EJKNF WPF 5RGGT $/% %QJ XGTIN 4+% XGTIN 8QT\ÒINKEJ

126


6870 1,5:1

1,5:1

Õ 6GVTCFTCEJOG #PVKQEJKC I &TCRKGTVG $ÒUVG T #FNGT UVGJV X X CWH FGO $GKP GKPGU 1RHGTVKGTU -QRH T OKV -TCP\ KO 5EJPCDGN 2TKGWT 8QT\ÒINKEJGU 2TCEJVGZGORNCT

6871

6872

6874

6873

#PVQPKPWU +++ %CTCECNNC Õ &GPCT .CQFKEGC I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ /KPGTXC UVGJV N OKV 8KEVQTKC WPF 5RGGT \W KJTGP (Ò­GP 5EJKNF FCJKPVGT 6TQRJ·G $/% 5 #PO %QJ 4+% D 8QT\ÒINKEJ 5VGORGNINCP\

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT CNU 5QN UVGJV N OKV )NQDWU WPF 5RGGT $/% %QJ 4+% 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF 5VCD $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ %QPEQTFKC UKV\V N OKV 2CVGTC WPF &QRRGNHÒNN JQTP $/% %QJ 4+% 9KP\ 5EJTÌVNKPIUTK­ XQT\ÒINKEJ UGJT UEJÌP

6875

6876

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV 5VCD WPF <GRVGT FCXQT )NQDWU $/% %QJ 4+% F &WPMNG 2CVKPC MN 4CPFHGJNGT IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF 5VCD $/% %QJ 4+% C &WPMNG 2CVKPC 4ÒEMUGKVG NGKEJV MQTTQFKGTV UGJT UEJÌP HCUV UGJT UEJÌP

6877

6878

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8GPWU UVGJV N OKV *GNO <GRVGT WPF 5EJKNF \YKUEJGP \YGK )GHCPIGPGP $/% 5 #PO %QJ 4+% C 8QT\ÒINKEJ

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UKV\V N OKV 8KEVQTKC WPF <GRVGT $/% 5 #PO %QJ 4+% C 8QT\ÒINKEJ

127


6879

6880

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UKV\V N OKV 8KEVQTKC WPF <GRVGT $/% %QJ XGTIN 4+% D (CUV XQT\ÒINKEJ UGJT UEJÌP

U *CFTKCPQRQNKU 6JTCEKC I &TCRKGTVG $ÒUVG N OKV .QTDGGTMTCP\ 5EJKNF WPF 5RGGT -CKUGT UVGJV N -QRH T OKV 5RGGT WPF 2CTC\QPKWO $/% /QWUJOQX XGTIN 4 )TÒPG 2CVKPC UGJT UEJÌP

6882

6883

6883

6881

6881

U 6CTUQU %KNKEKC I -QRH N OKV .QTDGGTMTCP\ *GTCMNGU N OKV -GWNG WPF .ÌYGPHGNN KO -CORH OKV FGT NGTP·KUEJGP *[FTC 50) (TCPEG 50) .GXCPVG 8QGIVNK S (CUV UGJT UEJÌP

HÒT &KXWU 5GRVKOKWU 5GXGTWU Õ &GPCT 4QO I -QRH T #FNGT CWH )NQDWU X X -QRH N $/% %QJ 4+% E (CUV XQT\ÒINKEJ

HÒT ,WNKC &QOPC Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T CWH /QPFUKEJGN 8GPWU UKV\V N OKV <GRVGT $/% %QJ 4+% C )WVGU UGJT UEJÌP

6885

6884

1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO ,WPQ UVGJV N OKV 2CVGTC WPF <GR VGT FCXQT 2HCW $/% %QJ 4+% )TÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UKV\V N OKV <GRVGT $/% %QJ 4+% &WPMGNITÒPG 2CVKPC OKP MQTTQFKGTV (GNFGT NGKEJV IGIN·VVGV IWVGU UGJT UEJÌP UGJT UEJÌP

6887 1,5:1

6886

6886

1,5:1

HÒT 2NCWVKNNC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T -CKUGT WPF -CKUGTKP TGKEJGP UKEJ FKG *CPF $/% %QJ 4+% -N 5EJTÌVNKPIUTK­ MN &TWEMUVGNNG CWH FGO 4GXGTU XQT\ÒINKEJ

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+% D (GKPG 2CVKPC UGJT UEJÌP

128


6888

ex 6889

6890

1,5:1

1,5:1

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2KGVCU UVGJV T OKV <GRVGT WPF -KPF $/% %QJ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UVGJV N OKV #RHGN 2CNO\YGKI WPF 5EJKNF FCXQT %WRKFQ $/% %QJ 4+% &C\W XQT\ÒINKEJG &GPCTG FGT ,WNKC &QOPC ,WNKC 2CWNC WPF ,WNKC /COCGC 5VÒEM )WVGU UGJT UEJÌP Z WPF XQT\ÒINKEJ Z

)GVC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTCNKVCU UVGJV N OKV #DCEWU WPF (ÒNNJQTP FCXQT )NQDWU $/% 5 #PO %QJ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

6892

6893

6891

6891

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UKV\V N OKV 5VGWGTTWFGT WPF (ÒNN JQTP $/% %QJ XCT 4+% C 4 )TÒPG 2CVKPC HGKPGU 2QTVT·V UGJT UEJÌP

/CETKPWU Õ &GPCT 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT $/% %QJ 4+% XCT ·NVGTGT -QRH #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ (KFGU UVGJV X X OKV \YGK 5VCP FCTVGP $/% %QJ XCT 4+% # (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

6894

6895

1,5:1

6896

1,5:1

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UKV\V N OKV )NQDWU WPF <GRVGT $/% %QJ 4+% 8QT\ÒINKEJ

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UVGJV N OKV $NKV\ WPF <GR VGT FCXQT -CKUGT $/% %QJ XCT 4+% XCT 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNN JQTP $/% %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

129


6898

6899

6897

1,5:1

1,5:1

Õ &GPCT I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 5GEWTKVCU UVGJV N OKV <GRVGT CP 5·WNG IG NGJPV $/% 5 #PO %QJ 4+% *GTTNKEJG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT XQP HGKPGO 5VKN

HÒT &KCFWOGPKCPWU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCPFCTVG WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ XGTIN 4+% (GKPG 6ÌPWPI IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCPFCTVG WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% 5GJT UEJÌP

6900

6901

1,5:1

1,5:1

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCPFCTVG WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 5RGU UVGJV T OKV $NWOG WPF TCHHV KJT -NGKF $/% XGTIN %QJ 4+% (GKPG 2CVKPC IWVGU UGJT UEJÌP

6903

6902

6905

6906

6907

6902

WPF &KCFWOGPKCPWU #UUCTKC /CTMKCPQRQNKU /QGUKC KPHGTKQT I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT #RQNNQP UVGJV X X OKV $QIGP -QRH T T 5EJNCPIG WO $CWOUVWORH IGYWPFGP #/0) )TÒPDTCWPG 2CVKPC HCUV XQT\ÒINKEJ

#PVQPKPWU +8 'NCICDCN Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% -N -TCV\GT IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% &C\W XQT\ÒINKEJG &GPCTG FGU 5GRVKOKWU 5GXGTWU FGT ,WNKC &QOPC FGU #PVQPKPWU +++ %CTCECNNC GKP #PVQPKPKCP FGU )QTFKCPWU +++ UQYKG GKPG $TQP\G FGU %QPUVCP VKPWU + 5EJÌPGU .QV DKVVG DGUKEJVKIGP 5VÒEM 8QT\ÒINKEJ Z WPF UGJT UEJÌP Z

Õ &GPCT #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KGT (GNF\GKEJGP $/% %QJ 4+% 4 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT #PVKQEJKC I -QRH T OKV .QTDGGTMTCP\ )CNGGTG T $/% #PO %QJ 4+% 5GJT UEJÌP

Õ &GPCT #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5#0%6 &'1 51.+ '.#)#$#. 5VGKP XQP 'OGUC KP 3WCFTKIC T XQP XKGT 5QPPGPUEJKTOGP WOIGDGP $/% %QJ 4+% 4 5GJT UEJÌP

130


1,5:1

1,5:1

Õ &GPCT #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5#0%6 &'1 51.+ '.#)#$#. 5VGKP XQP 'OGUC KP 3WCFTKIC T XQP XKGT 5QPPGPUEJKTOGP WOIGDGP $/% XCT %QJ 4+% 5GJT UEJÌP

6910

6909

6908

6911

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT FCXQT #FNGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% (GKPG 6ÌPWPI IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTCNKVCU UVGJV N OKV #DCEWU WPF (ÒNNJQTP $/% %QJ 4+% )WVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT FCXQT 5VGTP $/% %QJ 4+% 8QT\ÒINKEJ

6912

6913

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGKVGV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT $/% %QJ 4+% &WPMNG 2CVKPC UEJÌPGU 2QTVT·V IWVGU UGJT UEJÌP

U 6CTUQU %KNKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &GOKWTIGPMTQPG ÒDGT #NVCT T -TQPG FGU -KNKMCTEJGP OKV UKGDGP -CKUGTMÌRHGP 50) (TCPEG 50) .GXCPVG XGTIN $TCWPG 2CVKPC UGJT UEJÌP

6915

6914

6914

HÒT ,WNKC 5QCGOKCU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UKV\V N OKV #RHGN WPF <GR VGT FCXQT -KPF $/% %QJ 4+% (CUV XQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UKV\V N OKV #RHGN WPF <GRVGT FCXQT UVGJV %WRKFQ T $/% %QJ 4+% &WPMNG 2CVKPC IWVGU 2QTVT·V UGJT UEJÌP

6916

1,5:1

6916

&WRQPFKWU ! 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UKV\V N OKV #RHGN WPF <GRVGT FCXQT %WRKFQ $/% 5 #PO %QJ 4+% &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

131


6918

6917

6917

1,5:1

1,5:1

HÒT ,WNKC /CGUC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2KGVCU UVGJV N OKV CWUIGUVTGEMVGT 4GEJVGP WPF 9GKJTCWEJIGH·­ FCXQT #NVCT $/% %QJ 4+% (CUV XQT\ÒINKEJ

/CGUC YCT FKG )TQ­OWVVGT 'NCICDCNU YKG CWEJ FGU #NGZCPFGT 5GXGTWU 'NCICDCN XGTFCPMVG KJT FGP 6JTQP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2WFKEKVKC UKV\V N OKV <GRVGT WPF NÒHVGV 5EJNGKGT $/% %QJ 4+% 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

6920

6919

6921

1,5:1

1,5:1

HÒT ,WNKC 2CWNC Õ &GPCT #PVKQEJKC I &TCRKGTVG $ÒUVG T 8GPWU UKV\V N OKV )NQDWU WPF <GRVGT $/% %QJ 4+% 8QT\ÒINKEJ UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UKV\V N OKV )NQDWU WPF <GRVGT $/% %QJ 4+% )WVGU UGJT UEJÌP

HÒT #SWKNKC 5GXGTC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF &QRRGNHÒNNJQTP FCXQT 5VGTP $/% %QJ 4+% )WVGU 2QTVT·V UGJT UEJÌP

6922

6923

6924

6925

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF &QRRGNHÒNN JQTP FCXQT 5VGTP $/% %QJ 4+% 5GJT UEJÌP

HÒT 5GXGTWU #NGZCPFGT Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 5RGU IGJV N OKV $NWOG $/% %QJ 4+% 4 4GXGTU NGKEJV FG\GPVTKGTV HCUV XQT\ÒINKEJ

+O ,CJT XGTNQT 'NCICDCN \WPGJOGPF CP 7PVGTUVÒV\WPI 5GKPG )TQ­OWVVGT ,WNKC /CGUC \YCPI FGP -CKUGT UGKPGP -QWUKP #NGZKCPWU CNU 5GXGTWU #NGZCPFGT \WO %CGUCT \W GTPGPPGP WPF 'NCICDCN OW­VG PCEJ GKPGT /KNKV·TTGXQNVG GKPKIG UGKPGT (CXQTKVGP CWU KJTGP OVGTP GPVHGTPGP +O ,CJTG OK­NCPI GKP 8GTUWEJ 5GXGTWU #NGZCPFGT GTOQTFGP \W NCUUGP YCU UEJNKG­NKEJ \WT 'TOQTFWPI FGU -CKUGTU WPF UGKPGT /WVVGT ,WNKC 5QCGOKCU HÒJTVG &KG 2T·IWPIGP HÒT 5GXGTWU #NGZCPFGT CNU %CGUCT UKPF CNNG UGNVGP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 5RGU IGJV N OKV $NWOG $/% %QJ 4+% 4 (CUV XQT\ÒINKEJ UGJT UEJÌP

5GXGTWU #NGZCPFGT Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF (ÒNNJQTP $/% %CNKEQ %QJ 4GXGTU UEJYCEJ CWUIGRT·IV HCUV XQT\ÒINKEJ

132


6927

6928

6926

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 5QN UVGJV X X -QRH N OKV GTJQDGPGT 4GEJVGP WPF )NQDWU $/% %QJ 4+% $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV ,WRKVGT UVGJV X X OKV <GRVGT WPF $NKV\ -QRH T $/% XCT %QJ XGTIN 4+% XCT 8QT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #PPQPC UVGJV N OKV JTGP WPF (ÒNNJQTP FCXQT /QFKWU $/% %QJ XCT 4+% 8QT\ÒINKEJ

6930

6929

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5QN IGJV N OKV GTJQDGPGT 4GEJ VGP WPF 2GKVUEJG $/% %QJ XCT 4+% $TCWPG 2CVKPC HGKPGU 2QVT·V UGJT UEJÌP

HÒT ,WNKC /COCGC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UKV\V N OKV %WRKFQ WPF <GRVGT $/% %QJ 4+% $TCWPG 2CVKPC NGKEJVGT &QRRGNUEJNCI CWH FGO 4GXGTU IWVGU 2QTVT·V UGJT UEJÌPpXQT\ÒINKEJ

6931

6932

6933

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO (GNKEKVCU UVGJV N OKV %CFWEGWU CP 5·WNG IGNGJPV $/% %QJ 4+% 5GJT UEJÌP XQT\ÒINKEJ

HÒT 1TDKCPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %QPEQTFKC UKV\V N OKV 2CVGTC WPF (ÒNNJQTP $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %QPEQTFKC UKV\V N OKV 2CVGTC WPF (ÒNN JQTP $/% %QJ 4+% (CUV XQT\ÒINKEJ UGJT UEJÌP

6934

6935 6936

/CZKOKPWU + 6JTCZ Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV 5RGGT \YKUEJGP \YGK 5VCPFCTVGP $/% %QJ 4+% 8QT\ÒINKEJ UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV 5VCD WPF )NQDWU FCXQT (ÒNNJQTP $/% %QJ 4+% 8QT\ÒINKEJ UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CNWU UKV\V N WPF HÒVVGTV 5EJNCPIG $/% %QJ 4+% &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJ UGJT UEJÌP

133


6938

6937

6939

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV -TCP\ WPF <GRVGT $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8+%614+# )'4/ 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI FCXQT UKV\V )GHCPIGPGT $/% %QJ 4+% (CUV XQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8+%614+# )'4/#0+%# 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI FCXQT UKV\V )GHCPIGPGT $/% %QJ 4+% &WPMGNITÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6940

1,5:1

1,5:1

6941

6941

HÒT &KXC 2CWNKPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 2HCW HNKGIV T OKV &KXC $/% %QJ 4+% 4 #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 2CWNKPC HNKGIV T CWH 2HCW $/% %QJ 4+% 4 $TCWPG 2CVKPC YKP\ -TCV\GT FGPPQEJ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT XQP HGKPGO 5VKN

1,5:1

6942

1,5:1

HÒT /CZKOWU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKGUVGTIGT·VG $/% %QJ 4+% (CUV XQT\ÒINKEJ

6943

6944 6943

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKGUVGTIGT·VG $/% %QJ 4+% )TÒPG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCD WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% *GTTNKEJG 2CVKPC XQT\ÒINKEJ

134


6945

6946

$CNDKPWU Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *CPFUEJNCI $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *CPFUEJNCI $/% %QJ 4+% 5GJT UEJÌPGU 'ZGORNCT

6947

6948

1,5:1

6948

1,5:1

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <YGKI WPF 2CTC\Q PKWO $/% %QJ 4+% *GTTNKEJG 2CVKPC HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV 5VCD WPF (ÒNNJQTP FCXQT )NQDWU $/% %QJ 4+% $TCWPG 2CVKPC HCUV UGJT UEJÌP

1,5:1

6949

1,5:1

2WRKGPWU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <YGKI WPF <GRVGT $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU 2QTVT·V IWVGU UGJT UEJÌP

6951

6950

6952

1,5:1

$CNDKPWU WPF 2WRKGPWU HÒT )QTFKCPWU +++ 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKG UVGTIGT·VG $/% %QJ 4+% 4 )TÒPG 2CVKPC IWVGU UGJT UEJÌP

)QTFKCPWU +++ Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGKVGV N OKV 5RGGT WPF GTJQDGPGT 4GEJVGP %QJ 4+% 4 8QT\ÒINKEJ

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KTVWU UVGJV N OKV <YGKI WPF 5RGGT WPVGP 5EJKNF %QJ 4+% D )TÒPG 2CVKPC HCUV XQT\ÒINKEJ

135


6954

6953

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5GEWTKVCU UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV %QJ 4+% D $TCWPG 2CVKPC JGTXQTTCIGPFGU 2QTVT·V UGJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CNWU UVGJV T WPF HÒVVGTV 5EJNCPIG %QJ 4+% # 8QT\ÒINKEJ

6956

6955

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5RGGT WPF )NQDWU %QJ 4+% C )TÒPDTCWPG 2CVKPC XQT\ÒINKEJ

#UUCTKC /CTMKCPQRQNKU /QGUKC KPHGTKQT .GICV /GPQRJKNWU I $ÒUVGP FGU -CKUGTU WPF FGU 5CTCRKU GKPCPFGT IGIGPÒDGT 0GOGUKU UVGJV N OKV 9CCIG WPF 'NNG WPVGP 4CF #/0) &WPMNG 2CVKPC HCUV XQT\ÒINKEJ

6957

6958

6958

U /CTMKCPQRQNKU /QGUKC KPHGTKQT I .GICV 6GTVWNNKCPWU I &TCRKGTVG $ÒUVG N OKV 5VCJ NGPDKPFG GTJQDGPGT 4GEJVGP WPF )NQDWU 5VCFVIÌVVKP WPF -CKUGT TGKEJGP UKEJ ÒDGT &TGKHW­ FKG *CPF #/0) )TÒPDTCWPG 2CVKPC UGJT UEJÌP

HÒT 6TCPSWKNNKPC U &GWNVWO 6JTCEKC I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KGTU·WNKIGT 6GORGN FCTKP 5VCPFDKNF FGT 6[EJG OKV 5VGWGTTWFGT WPF (ÒNNJQTP ,WTWMQXC (CUV UGJT UEJÌP

6959

6960

6961

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T OKV 5VGRJCPG 0KMG UKV\V N OKV -TCP\ WPF 2CNO\YGKI &CVVCTK )GKUUGP 5GJT UEJÌP

WPF #DICT : XQP 1UTJQGPG U 'FGUUC /GUQRQVCOKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG -CKUGT UKV\V T WPF GORH·PIV #DICT &WPMNG 2CVKPC UGJT UEJÌP

)QTFKCPWU +++ MCO KO 8GTNCWH FGU 2GTUGTMTKGIU FGT OKV FGT 4ÒEMGTQDGTWPI OGUQRQVCOKUEJGT 5V·FVG \ $ %CTTJCG WPF 0KUKDKU DGICPP OKV #DICT \WUCOOGP

136

2JKNKRRWU + 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP %QJ 4+% C )TÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ


6963

6962

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CNWU UVGJV T WPF HÒVVGTV 5EJNCPIG %QJ 4+% )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ('.+ %+6#5 +/22 KP -TCP\ %QJ 4+% 5GJT UEJÌP

6965

6964

6964

1,5:1

1,5:1

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 'NGHCPV OKV /CJQWV N %QJ 4+% (CUV XQT\ÒINKEJ UGJT UEJÌP

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8+%614+# %#42+%# 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI %QJ 4+% 4 5GJT UEJÌP

FTCPIGP FKG -CTRGP KP FKG 2TQXKP\ /QGUKC GKP &KG -·ORHG FKG OÌINKEJGTYGKUG CWEJ KP 2CPPQPKGP UVCVVHCPFGP FCWGTVGP OGJTGTG ,CJTG YWTFG FGT 5KGI XGTMÒPFGV CDGT FKG 6TWRRGP KP 2CPPQPKGP WPF /QGUKGP YCTGP WP\WHTKGFGP TGXQNVKGTVGP WPF RTQMNCOKGTVGP 2CECVKCPWU \WO -CKUGT

6966

6967

HÒT 1VCEKNKC 5GXGTC #U 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %QPEQTFKC UKV\V N OKV 2CVGTC WPF &QRRGNHÒNNJQTP %QJ 4+% G 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

HÒT 2JKNKRRWU ++ 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV )NQDWU WPF 5RGGT %QJ 4+% C $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU HGKPGU 2QTVT·V UGJT UEJÌP XQT\ÒINKEJ

6969

6968

6970

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV )NQDWU WPF 5RGGT %QJ 4+% C )TÒPDTCWPG 2CVKPC UGJT UEJÌP

2JKNKRRWU ++ Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG <KGIG UVGJV N %QJ 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT

6TCKCPWU &GEKWU Õ #PVQPKPKCP ! 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KTVWU UKV\V N CWH 2CP\GT OKV <YGKI WPF 5RGGT %QJ XGTIN 4+% 5EJÌPG 6ÌPWPI UGJT UEJÌP XQT\ÒINKEJ

137


6972

6971

5GUVGT\ ! 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &CEKC UVGJV N OKV 'UGNU\GRVGT %QJ XGTIN 4+% D )TÒPDTCWPG 2CVKPC HGKPGU 2QTVT·V IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI %QJ 4+% F &WPMNG 2CVKPC IWVGU UGJT UEJÌP

6974

6973

6975

HÒT *QUVKNKCPWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T #RQNNQ UKV\V N OKV <YGKI WPF .[TC %QJ 4+% C $TCWPG 2CVKPC IWVGU UGJT UEJÌP

HÒT *GTGPPKWU 'VTWUEWU Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2TKGUVGTIGT·VG %QJ 4+% (CUV XQT\ÒINKEJ

HÒT *GTGPPKC 'VTWUEKNNC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO (GEWPFKVCU UVGJV N OKV (ÒNNJQTP WPF J·NV FKG *CPF ÒDGT GKP -KPF %QJ 4+% C &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

6976 1,5:1

1,5:1

*GTGPPKWU 'VTWUEWU Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8+%614+# )'4/#0+%# 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI %QJ 4+% 4 (GKPG 2CVKPC UGJT UEJÌP

$CNF PCEJ UGKPGT 'TPGPPWPI \WO #WIWUVWU VTCH FKG XQP *GTGPPKWU 'VTWUEWU WPF UGKPGO 8CVGT IGHÒJTVG #TOGG DGK #DTKVVWU CWH FKG OKV $GWVG DGNCFGPGP )QVGP WPVGT %PKXC 5EJQP UGJT HTÒJ Y·JTGPF FGT 5EJNCEJV YWTFG *GTGPPKWU 'VTWUEWU XQP GKPGO 2HGKN IGVTQHHGP WPF UVCTD

1,5:1

6977

1,5:1

*QUVKNKCPWU Õ #PVQPKPKCP ,WPK ,WNK #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP %QJ 4+% 44 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC *QUVKNKCPWU YCT KO /CK XQP UGKPGO 8CVGT \WO #WIWUVWU GTPCPPV YQTFGP PCEJ FGO *GNFGPVQF FGU &GEKWU KP FGT 5EJNCEJV DGK #DTKVVWU KP FGT ,WPKJ·NHVG XGTNQT GT MWT\ FGP 6KVGN DKU 6TGDQPKCPWU )CNNWU KJP DCNF FCTCWH CFQRVKGTVG WPF YKGFGTWO KP FGP 4CPI GKPGU #WIWUVWU GTJQD 0QEJ XQT /KVVG ,WNK TCHHVG FKG KP 4QO ITCUUKGTGPFG 2GUV *QUVKNKCPWU JKPYGI GT YCT CNUQ PWT GVYC \YGK /QPCVG OKV GKPGT MWT\GP 7PVGTDTGEJWPI -CKUGT &KGU GTMN·TV FKG ITQ­G 5GNVGPJGKV FGT 5VÒEMG FGU *QUVKNKCPWU CNU #WIWUVWU

138


6979

6978

6980

6TGDQPKCPWU )CNNWU Õ #PVQPKPKCP /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGP DKPFG 2CZ UVGJV N OKV <YGKI WPF <GRVGT %QJ 4+% )WVGU UGJT UEJÌP

Õ #PVQPKPKCP #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 4QOC UKV\V N OKV 8KEVQTKC WPF 5RGGT %QJ 4+% 5GJT UEJÌP

8QNWUKCPWU Õ #PVQPKPKCP /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KTVWU UVGJV T OKV 5RGGT WPF 5EJKNF %QJ 4+% (GKPG 6ÌPWPI XQT\ÒINKEJ

6982

6981

6983

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ %QPEQTFKC UVGJV N OKV 2CVGTC WPF (ÒNNJQTP %QJ 4+% C 4QVDTCWPG 2CVKPC UGJT UEJÌP

#GOKNKCPWU Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2CZ UVGJV N OKV <YGKI WPF <GRVGT CP 5·WNG IGNGJPV %QJ 4+% 4 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #GVGTPKVCU UVGJV N OKV 2JÌPKZ %QJ XGTIN 4+% 44 5EJYCT\G 2CVKPC UGJT UEJÌP

6986

6984

6985

8CNGTKCPWU 5GUVGT\ 4QO 'OKUUKQP I )GRCP\GTVG $ÒUVG T .KDGTCNK VCU UVGJV N OKV #DCEWU WPF (ÒNNJQTP /+4 J 4+% &WPMNG 2CVKPC HCUV XQT\ÒINKEJ

&CU 5VÒEM KUV OKV 5GUVGT\UVGORGNP IGRT·IV YQTFGP 'U MÌPPVG CPIGUKEJVU FGU MNGKPGP WPF NGKEJVGP 5EJTÌVNKPIU CDGT CWEJ CNU #U WOIGNCWHGP UGKP

/GFCKNNQP 2GTICOQP /[UKC 5VTCVGIQU #WTGNKWU &COCU I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ 6KUEJ FCTCWH -TCP\ OKV OL UMP +# \YKUEJGP \YGK 2TGKUMTQPGP FCTWPVGT #ORJQTG \YKUEJGP \YGK )GNFDGWVGNP 50) X #WNQEM 4 $TCWPG 2CVKPC UGJT UEJÌP

)CNNKGPWU 5GUVGT\ 4QO 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV .QTDGGT MTCP\ 8KTVWU UVGJV N OKV 5RGGT WPF 5EJKNF %QJ /+4 4+% $TCWPG 2CVKPC HGKPGU 2QTVT·V UGJT UEJÌP

#WTGNKWU &COCU YCT PKEJV PWT 5VTCVGIQU UQPFGTP \WINGKEJ CWEJ #UKCTEJ &GT 4GXGTU \GKIV FC­ KP 2GTICOQP YKG CWEJ KP CPFGTGP 5V·FVGP QN[ORKUEJG D\Y KUQN[ORKUEJG 5RKGNG UVCVVHCPFGP CNUQ 5RKGNG FKG KP 2TQITCOO 4GIGNP WPF 5KGIGURTGKUGP CP FKG 5RKGNG XQP 1N[ORKC CPIGNGJPV YCTGP

139


6987

6988

6989

6990

6991

$ #PVQPKPKCP /GFKQNCPWO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG N FTCRKGTV .') ++ 2#46 8+ 2 8+ ( -GPVCWT URTKPIV T OKV -GWNG /+4 T 4+% 5KNDGTUWF UGJT UEJÌP

&GT 4GXGTU RTGKUV FKG 6TGWG FGT .GIKQ ++ 2CTVJKEC WPF HGKGTV KJTGP 5KGI KP FGT ITQ­GP #NGOCPPGPUEJNCEJV DGK /CKNCPF YGPP FQTV CWEJ YCJTUEJGKPNKEJ PWT 8GZKNNCVKQPGP VGKNIGPQOOGP JCDGP &KG .GIKQP YCT XQP 5GRVKOKWU 5GXGTWU CWHIGUVGNNV YQTFGP WPF YCT CWH FGO #NDCPGTDGTI DGK 4QO UVCVKQPKGTV 'U YCTGP 5QNFCVGP FKGUGT .GIKQP FKG /CZKOKPWU 6JTCZ GTOQTFGV JCVVGP &CU 'ODNGO FGT .GIKQ ++ 2CTVJKEC YCT FGT -GPVCWT FGT FCJGT CWEJ CWH FGO 4GXGTU WPUGTGU 5VÒEMGU GTUEJGKPV

$ #PVQPKPKCP /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG .') +++ +6#. 8+ 2 8+ ( 5VQTEJ T /+4 4+% (CUV UGJT UEJÌP

&KG .GIKQ +++ +VCNKEC FGTGP 'ODNGO FGT 5VQTEJ YCT YWTFG XQP /CTEWU #WTGNKWU HÒT FGUUGP /CTMQOCPPGP MTKGIG CWHIGUVGNNV +P FGP GTP GTTKEJVGVG FKG .GIKQP GKP -CUVGNN %CUVTC 4GIKPC FCU UKEJ PQEJ JGWVG KO 5VCFV ITWPFTK­ XQP 4GIGPUDWTI CD\GKEJPGV 0QEJ KO XKGTVGP ,CJTJWPFGTV YKTF FKG .GIKQP KP FGP &QPCWRTQXKP\GP GTY·JPV

$ #PVQPKPKCP /GFKQNCPWO 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG .') 8+++ #8) 8+ 2 =8+ (? 5VKGT UVGJV T /+4 P FKGU 'ZGORNCT CDIGDKNFGV 4+% )WVGU UGJT UEJÌP

&KG .GIKQ 8+++ #WIWUVC YWTFG X %JT CWHIGUVGNNV X %JT PGW HQTOKGTV WPF YCT \WP·EJUV KP 0QTFCHTKMC FCPP KP 2CPPQPKGP /QGUKGP )CNNKGP WPF CD FGT <GKV WO P %JT KP #TIGPVQTCVG 5VTC­DWTI UVCVKQPKGTV YQ UKG DKU \WO ,CJTJWPFGTV PCEJ\WYGKUGP KUV 8GZKNNCVKQPGP FKGUGT .GIKQP IGJÌTVGP XGTOWVNKEJ \WO EQOKVCVWU FGU )CNNKGPWU WPF FÒTHVGP CP FGT ITQ­GP #NGOCPPGPUEJNCEJV DGK /CKNCPF VGKNIGPQOOGP JCDGP

$ #PVQPKPKCP /GFKQNCPWO 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG .') ::=: 8.2 8?++ 2 8++ ( 0GRVWP UVGJV T OKV &TGK\CEM WPF &GNRJKP /+4 4+% 7PTGIGNO·­KIGT 5EJTÌVNKPI HCUV UGJT UEJÌP

&KG .GIKQ ::: 7NRKC 8KEVTKZ YCT NCPIG KP %CUVTC 8GVGTC :CPVGP UVCVKQPKGTV

$ #PVQPKPKCP /GFKQNCPWO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG =%1** 24?#'6 8+ 2 8+ ( .ÌYG T OKV 5VTCJNGPDKPFG /+4 T 4+% 4 2T·IGUEJY·EJG HCUV UGJT UEJÌPGU 'ZGORNCT

&CU 5VÒEM RTGKUV FKG 2TCGVQTKCPGTEQJQTVGP HÒT KJTG 6GKNPCJOG CP FGT ITQ­GP #NGOCPPGPUEJNCEJV FGU ,CJTGU DGK /GFKQNCPWO &GT -CKUGT UGNDUV UVCPF KP FKGUGT 5EJNCEJV CP FGT 5RKV\G FGT 2TCGVQTKCPGTEQJQTVGP WPF OW­ GKPG JGTCWUTCIGPFG 9CHHGPVCV XQNNDTCEJV JCDGP YKG 2T·IWPIGP CWU 4QO DGNGIGP

6992

6993

6994

#PVQPKPKCP 4QO 1HHK\KP I -QRH T OKV 5VTCJNGPDKPFG -GPVCWT T OKV $QIGP /+4 D 4+% *GTTNKEJG ITÒPG 2CVKPC XQT\ÒINKEJ

&CU 5VÒEM UVCOOV CWU FGT DGMCPPVGUVGP 'OKUUKQP FGU )CNNKGPWU KP FGT GKP ICP\GU 2CPVJGQP XQP 5EJWV\IÌVVGTP FGU -CKUGTU XQTIGUVGNNV YKTF 4QDGTV )ÌDN UKGJV GKPGP <WUCOOGPJCPI \YKUEJGP FGT WPIGYÌJPNKEJ TGKEJGP 2T·IWPI FKGUGT 'OKUUQP WPF FGO 9GIHCNN FGT /ÒP\UV·VVG /GFKQNCPWO FWTEJ FKG 4GXQNVG FGU #WTGQNWU

#PVQPKPKCP 4QO 1HHK\KP I -QRH T OKV 5VCJNGPDKPFG -GPVCWT T OKV $QIGP /+4 D 4+% $TCWPG 2CVKPC IWVGU UGJT UEJÌP

HÒT 5CNQPKPC Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T CWH /QPFUKEJGN ,WPQ UVGJV N OKV 2CVGTC WPF <GRVGT /+4 D 4+% 2T·IGUEJY·EJG WPF MN -TCV\GT XQT\ÒINKEJ

140


6996

6997

6995

6995

&TCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TCRKGTVG $ÒUVG T 6[EJG UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP T <YGKI &CVVCTK 5CXKQ )GKUUGP 44 5EJÌP

HÒT &KXWU 8CNGTKCPWU ++ $ #PVQPKPKCP %QNQPKC 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #FNGT VT·IV &KXWU IGP *KOOGN /+4 4+% .WIFWPWO )WVGU UGJT UEJÌP

2QUVWOWU Õ #PVQPKPKCP %QNQPKC 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJ NGPDKPFG )CNGGTG N 'NOGT 4+% .[QP <UEJWEMG 'OKUUKQP 4CPFTK­ UGJT UEJÌP

6999

6998

&QRRGNUGUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG (KFGU UVGJV N OKV \YGK 5VCPFCTVGP $CUVKGP %QJ 'NOGT 4+% 1NKXDTCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&QRRGNUGUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG -CKUGT UVGJV N OKV 5RGGT WPF GTJGDV )CNNKC OKV 5RGGT $CUVKGP %QJ 'NOGT C 4+% 4 )TÒPG 2CVKPC HCUV UGJT UEJÌP

7001

7000

7002

&QRRGNUGUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KEVQTKC IGJV N OKV -TCP\ WPF <YGKI FCXQT )GHCPIGPGT $CUVKGP %QJ 'NOGT 4+% )TÒPG 2CVKPC ÒDGTRT·IV IWVGU UGJT UEJÌP

$ #PVQPKPKCP %QNQPKC 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KGTU·WNK IGT 6GORGN FCTKP *GTEWNGU XQP -ÌNP &GWV\ N OKV -GWNG WPF .ÌYGPHGNN 'NOGT XCT 4+% <UEJWEMG XCT 4 5GJT UEJÌP

5GUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CNWU UVGJV N OKV 2CNO\YGKI CP 5·WNG IGNGJPV WPF HÒVVGTV GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG $CUVKGP %QJ 'NOGT 4+% <UEJWEMG 9QJN WPGFKGTV )TÒPG 2CVKPC UGJT CVVTCMVKXGU 2QTVT·V GVYCU MQTTQFKGTV IWVGU UGJT UEJÌP UEJÌP

141


7003

7003 1,5:1

&QRRGNUGUVGT\ ++ #VGNKGT I +/2 % / %#5 .#6=215?68=/75? 2 ( #8) &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5 =#'%8?.8/ #8)) .ÌYG IGJV T KO #DUEJPKVV + $CUVKGP %QJ XGTIN 4+% XGTIN 8QP CNNGTITÌ­VGT 5GNVGPJGKV 5EJGKPV WPGFKGTV )TÒPG 2CVKPC UGJT UEJÌP

7005

7004

7004

&QRRGNUGUVGT\ WPDGUVKOOVG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG (KFGU UVGJV N OKV \YGK 5VCPFCTVGP $CUVKGP $TCWPG 2CVKPC WPIGYÌJPNKEJGT 5VKN UGJT UEJÌP

&CU NGKEJV DCTDCTKUKGTVG 5VÒEM KUV UKEJGT PKEJV FCU 2TQFWMV GKPGT QHHK\KGNNGP /ÒP\UV·VVG

/CTKWU #PVQPKPKCP %QNQPKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *CPF UEJNCI 'NOGT 4+% <UEJWEMG 'VYCU UEJYCEJ CWUIGRT·IV GVYCU 5KNDGTUWF UGJT UEJÌP XQT\ÒINKEJ

7007

7006

1,5:1

1,5:1

1,5:1

1,5:1

#PVQPKPKCP %QNQPKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *CPFUEJNCI 'NOGT 4+% <UEJWEMG /KP MQTTQFKGTV 4GXGTU UEJYCEJ CWUIGRT·IV XQT\ÒINKEJ

8KEVQTKPWU #PVQPKPKCP %QNQPKC ! I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5CNWU UVGJV T WPF HÒVVGTV 5EJNCPIG 'NOGT 4+% <UEJWEMG XGTIN 8QP ITQ­GT 5GNVGPJGKV &WPMNG 2CVKPC HCUV XQT\ÒINKEJ

&KGUG /ÒP\G FGTGP #XGTUUVGORGN CWU FGT /ÒP\UV·VVG -ÌNP <UEJWEMG 8U WPF FGT 4GXGTUUVGORGN CWU 6TKGT

<UEJWEMG 4U \W UVCOOGP UEJGKPV YKTHV FKG (TCIG CWH QD GU YKTMNKEJ FKG \YGK /ÒP\UV·VVGP -ÌNP WPF 6TKGT KO ICNNKUEJGP 5QPFGTTGKEJ IGIGDGP JCV &C OCP CWUUEJNKG­GP MCPP FC­ #PVQPKPKCP 5VGORGN XGTUEJKEMV YWTFGP KUV FKG 'TMN·TWPI FGT 5VGORGNMQRRNWPI OGJT CNU UEJYKGTKI &KG DGK 'NOGT CWHIGHÒJTVGP NKVGTCTKUEJGP WPF KPUEJTKHVNKEJGP 3WGNNGP HÒT GKPG /ÒP\UV·VVG 6TKGT UKPF WPTKEJVKI D\Y PKEJV \WVTGHHGPF 8GTOWVNKEJ GZKUVKGTVG PWT GKPG /ÒP\UV·VVG KP -ÌNP

7008

142

1,5:1

7008

6GVTKEWU + HÒT 6GVTKEWU ++ #PVQPKPKCP 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5RGU IGJV N OKV $NWOG 'NOGT 4+% <UEJWEMG #XGTU OKP FG\GPVTKGTV XQT\ÒINKEJGU 'ZGORNCT


7009

/CETKCPWU $ #PVQPKPKCP 5COQUCVC I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP /+4 D 4+% #O 4CPF NGKEJV IGFTÒEMV TCWJGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

&KG /ÒP\GP FGU LÒPIGTGP /CETKCPWU YGTFGP KO 4+% FGT /ÒP\UV·VVG #PVKQEJKC \WIGYKGUGP &KG /ÒP\UV·VVG #PVKQEJKC YCT CDGT YKG #PFTGCU #NHÌFK IG\GKIV JCV CWHITWPF FGT RGTUKUEJGP $GFTQJWPI DGTGKVU WPVGT 8CNGTKCPWU MQORNGVV PCEJ 5COQUCVC XGTNGIV YQTFGP YQ UKEJ FCU OKNKV·TKUEJG *CWRVSWCTVKGT KO 1UVGP DGHCPF WPF YQ UKEJ \WO <GKVRWPMV KJTGT 'TJGDWPI CWEJ FKG /CETKCPK CWHJKGNVGP 'TUV UR·VGT WPVGT )CNNKGPWU MGJTVG FKG /ÒP\G PCEJ #PVKQEJKC \WTÒEM

1,5:1

7010

1,5:1

%NCWFKWU ++ )QVJKEWU Ô #WTGWU 5KUEKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP %CNKEQ *WXGNKP .CHCWTKG 6T¾UQT F WP PCXKTG 4QOCKP VTQWX¾ GP O¾FKVGTCP¾G PQWXGNNGU F¾EQWXGTVGU KP 40 0T FKGU 'ZGORNCT 4+% 8QT\ÒINKEJ %NCWFKWU ++ )QVJKEWU YWTFG CO /CK QFGT KP &CNOCVKC QFGT +NN[TKC IGDQTGP 'T FKGPVG WPVGT )CNNKGPWU KO *GGT WPF YCT CP FGP $ÒTIGTMTKGIGP IGIGP +PIGPWWU 2QUVWOWU WPF #WTGQNWU DGVGKNKIV 0CEJ FGT 'TOQTFWPI FGU )CNNKGPWU KP FKG %NCWFKWU ++ )QVJKEWU OÌINKEJGTYGKUG KPXQNXKGTV YCT YWTFG GT \WO -CKUGT RTQMNCOKGTV +P GKPGT ITQ­GP 5EJNCEJV DGK 0CKUUWU IGNCPI GU KJO FGP )QVGP GKPG GPVUEJGKFGPFG 0KGFGTNCIG DGK\WDTKPIGP FKG HÒT FGP (QTVDGUVCPF FGU 4GKEJGU XQP ITQ­GT $GFGWVWPI YCT UVCTD FGT -CKUGT KO #NVGT XQP ,CJTGP KP 5KTOKWO CP FGT 2GUV FKG ªDGTNKGHGTWPI DGK #WTGNKWU 8KEVQT WPF #OOKCPWU /CTEGNNKPWU FGT -CKUGT JCDG GKPGO 1TCMGN KP FGP U[DKNNKPKUEJGP $ÒEJGTP HQNIGPF GKPG FGXQVKQ XQNN\QIGP WPF UQ UGKP .GDGP IGIGDGP FCOKV 4QO FGP -TKGI IGIGP FKG )QVGP IGYKPPGP MQPPVG KUV HKMVKX &KG (COKNKG %QPUVCPVKPU FGU )TQ­GP DGVTCEJVGVG %NCWFKWU ++ )QVJKEWU CNU KJTGP 8QTHCJTGP

7011

7012

7013

7014

7015

$ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG -CKUGT TGKVGV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT 4+% 5KNDGTUWF MN 2T·IGUEJY·EJG XQT\ÒINKEJ

#WTGNKCPWU 5GUVGT\ 4QO 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV .QTDGGT MTCP\ -CKUGT WPF -CKUGTKP TGKEJGP UKEJ FKG *CPF FCTÒDGT $ÒUVG FGU 5QN T %QJ /+4 4+% )TÒPG 2CVKPC UGJT UEJÌP

$ #PVQPKPKCP 5GTFKEC 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG -CKUGT GOR H·PIV -TCP\ XQP YGKDNKEJGT )GUVCNV %QJ /+4 4+% 5KNDGTUWF XQT\ÒINKEJ

HÒT 5GXGTKPC 5GUVGT\ 4QO 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV &KCFGO ,WPQ UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT 2HCW N %QJ /+4 4+% )TÒPG 2CVKPC UGJT UEJÌP

WPF 5GXGTKPC &QRRGNUGUVGT\ 4QO 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGP DKPFG &TCRKGTVG $ÒUVG T CWH /QPFUKEJGN %QJ /+4 4+% 4 )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

143


1,5:1

7016

1,5:1

8CDCNCVJWU #PVQPKPKCP 'PFG #PHCPI #PVKQEJKC 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *GTEWNGU UVGJV X X OKV -GWNG WPF #RHGN N 5VGTP /+4 4+% 44 -N 5EJTÌVNKPIUHGJNGT CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

0CEJ FGO 6QF FGU 1FCGPCVJWU ÒDGTPCJO UGKPG 9KVYG <GPQDKC HÒT KJTGP 5QJP 8CDCNCVJWU FKG /CEJV KP 2CNO[TC DGICPPGP FKG 2CNO[TGPGT KJTG /CEJV CWU\WYGKVGP FKG 6TWRRGP OCTUEJKGTVGP PCEJ 5ÒFGP YQ UKG KP $QUVTC FGP 6GORGN FGU ,WRKVGT *COOQP \GTUVÌTVGP IGYCPPGP FKG -QPVTQNNG ÒDGT #PVKQEJKC WPF FTCPIGP PCEJ I[RVGP XQT YQ FGT RCNO[TGPKUEJG )GPGTCN <CDFCU XQP FGO I[RVGT 6KOCIGPGU WPVGTUVÒV\V YWTFG 'KPG 7TUCEJG HÒT FKG ·I[RVKUEJG 7PVGTUVÒV\WPI FGT RCNO[TGPKUEJGP 5CEJG OCI KP FGT 2TQRCICPFC FGU 8CDCNCVJWU \W HKPFGP UGKP FGT GKPG #DUVCOOWPI FGT <GPQDKC XQP FGP 2VQNGO·GTP RTQMNCOKGTVG WPF FCJGT #NGZCPFTKC CNU 5VCFV UGKPGT #JPGP DG\GKEJPGVG 5KGJG 2CTUQPU 2 , # 2TQMNCOCVKQP QH 8CDCNNCVJWU! %JTQP Fy'I 5 HH &GT 2T·HGMV XQP I[RVGP WPVGTNCI PCEJ CPH·PINKEJGP 'THQNIGP TCUEJ &GO )GIGPUEJNCI #WTGNKCPU JCVVG <GPQDKC YGPKI GPVIGIGP\WUGV\GP KP FGT 5EJNCEJV DGK +OOCG YWTFG FGT GKIGPVNKEJ ÒDGTNGIGPGP RCNO[TGPKUEJGP 4GKVGTGK FKG UEJYGTG 2CP\GTWPI KP FGT UGPIGPFGP 5QPPG \WO 8GTJ·PIPKU FKG TÌOKUEJGP 6TWRRGP GTTCPIGP GKPGP IN·P\GPFGP 5KGI WPF MQPPVGP UEJNKG­NKEJ PCEJ 2CNO[TC XQTUVQ­GP WPF FQTV <GPQDKC WPF 8CDCNCVJWU IGHCPIGPPGJOGP <GPQDKC YWTFG YCJTUEJGKPNKEJ PCEJ 4QO IGDTCEJV WPF FQTV KO 6TKWORJ\WI #WTGNKCPU IG\GKIV XGTIN *# 6TKI 6[T UVCTD CDGT OÌINKEJGTYGKUG CWEJ CWH FGO 9GI PCEJ 4QO UKGJG W C 'WVTQR 8CDCNCVJWU UVCTD YCJTUEJGKPNKEJ CWH FGO 9GI PCEJ 4QO <QUKOQU

7018

7017

6CEKVWU $ #PVQPKPKCP .WIFWPWO 'OKUUKQP 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2CZ IGJV N OKV <YGKI WPF <GRVGT $CUVKGP %$0 5 4+% 4 5KNDGTUWF MN 5EJTÌVNKPIUTK­ XQT\ÒINKEJ

(NQTKCPWU $ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP 4+% 5KNDGTUWF XQT\ÒINKEJ

1,5:1

7019

1,5:1

2TQDWU Ô #WTGWU ! 4QO I )GRCP\GTVG $ÒUVG N OKV .QTDGGTMTCP\ WPF 5RGGT 8$ +3 8=' 2?# : 8KEVQTKC KP $KIC T OKV <YGKI %CNKEQ %QJ 4+% 8QP CNNGTITÌ­VGT 5GNVGPJGKV 8QT\ÒINKEJGU 2TCEJVGZGORNCT /ÌINKEJGTYGKUG YWTFG FCU 5VÒEM IGRT·IV CNU 2TQDWU KP 4QO YGKNVG WPF UGKPG 5KGIG HGKGTVG JCVVG 2TQDWU KO 9GUVGP GTHQNITGKEJ IGIGP FKG (TCPMGP .QPIKQPGP #NGOCPPGP WPF $WTIWPFGT IGM·ORHV FKG 8CPFCNGP CWU +NN[TKGP \WTÒEMIGYQTHGP MQPPVGP UGKPG )GPGT·NG FKG $NGOO[GT CWU I[RVGP XGTVTGKDGP Y·JTGPF FGT -CKUGT FWTEJ FKG 4GXQNVGP FGU 2TQEWNWU WPF $QPQUWU KO 9GUVGP IGDWPFGP YCT TÒUVGVG 2TQDWU IGIGP FGP 7UWTRCVQT 5CVWTPKPWU FGT LGFQEJ XQP UGKPGP GKIGPGP 5QNFCVGP IGVÌVGV YWTFG

7020

144

7021

$ #PVQPKPKCP .WIFWPWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5CNWU UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG %QJ 4+% 'VYCU 5KNDGTUWF MN 5EJTÌVNKPIUTK­ IWVGU UGJT UEJÌP

#PVQPKPKCP 4QO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG -CKUGT TGKVGV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT FCXQT )GHCPIGPGT %QJ 4+% 5KNDGTUWF XQT\ÒINKEJ


7023

7022

$ #PVQPKPKCP 4QO I -QPUWNCTDÒUVG N OKV 5VTCJNGPDKPFG WPF #FNGT\GRVGT 5QN KP 3WCFTKIC N OKV )NQDWU WPF 2GKVUEJG %QJ 4+% 5KNDGTUWF MN 5EJTÌVNKPIUTK­ XQT\ÒINKEJ

$ #PVQPKPKCP 4QO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG 6TQRJ·G \YKUEJGP \YGK )GHCPIG PGP %QJ 4+% 'VYCU 5KNDGTUWF XQT\ÒINKEJ

7024

7025

$ #PVQPKPKCP 6KEKPWO I )GRCP\GTVG $ÒUVG N OKV 5VTCJNGPDKPFG *GNO 5RGGT WPF 5EJKNF 2TQ XKFGPVKC UVGJV N OKV )NQDWU WPF <GRVGT %QJ 4+% 5KNDGTUWF 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJ

#PVQPKPKCP 6KEKPWO I -QPUWNCTDÒUVG N OKV 5VTCJNGPDKPFG WPF #FNGT\GRVGT 5CNWU UVGJV T WPF HÒVVGTV 5EJNCPIG %QJ 4+% 5KNDGTUWF MN 5EJTÌVNKPIUTK­ IWVGU UGJT UEJÌP

7026

7027

7028

#PVQPKPKCP 6KEKPWO I )GRCP\GTVG $ÒUVG N OKV 5VTCJNGPDKPFG *GNO 5RGGT WPF 5EJKNF 5CNWU UVGJV T WPF HÒVVGTV 5EJNCPIG %QJ 4+% (CUV XQT\ÒINKEJ

$ #PVQPKPKCP 5KUEKC I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5GEWTKVCU UVGJV N CP 5·WNG IG NGJPV %QJ XGTIN 4+% 5KNDGTUWF MN 5EJTÌVNKPIUTK­ HCUV XQT\ÒINKEJ

$ #PVQPKPKCP 5GTFKEC I -QPUWNCTDÒUVG N OKV 5VTCJNGPDKPFG WPF #FNGT\GRVGT -CKUGT UVGJV T OKV #FNGT\GRVGT WPF GORH·PIV )NQDWU XQP ,WRKVGT %QJ XGTIN 4+% 5KNDGTUWF IWVGU UGJT UEJÌP

7029

7030

#PVQPKPKCP 5GTFKEC I &TCRKGTVG $ÒUVG N OKV 5VTCJNGPDKPFG WPF #FNGT\GRVGT 5QN KP 3WCFTKIC X X OKV 2GKVUEJG %QJ 4+% 8QT\ÒINKEJ

$ #PVQPKPKCP 5GTFKEC I )GRCP\GTVG $ÒUVG N OKV 5VTCJNGPDKPFG *GNO 5RGGT WPF 5EJKNF -CKUGT TGKVGV T OKV 5EJKNF WPF .CP\G WPF GTUVKEJV (GKPF %QJ 4+% 5KNDGTUWF IWVGU UGJT UEJÌP

145


7031

1,5:1

1,5:1

%CTWU /GFCKNNQP #PHCPI /·T\ /CK 5KUEKC 'OKUUKQP I +/2 % / #84 %#485 2 ( #8) )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ /1 0'6# # 8)) &KG FTGK /QPGVCG UVGJGP X X -QRH N OKV 9CCIG WPF (ÒNNJQTP \W KJTGP (Ò­GP LGYGKNU GKP -GIGN CWU /ÒP\OGVCNN )QNF 5KNDGT WPF $TQP\G %QJ )PGEEJK 2N 2KPM &KG /GFCKNNQPRT·IWPI WPVGT %CTWU WPF UGKPGP 5ÌJPGP KP +PIJQNV *CTCNF *TUI %GPVGPPKCN 2WDNKECVKQP QH 6JG #OGTKECP 0WOKUOCVKE 5QEKGV[ 0GY ;QTM 5 0T FKGU 'ZGORNCT GTY·JPV 2KPM &GT #WHDCW FGT TÌOKUEJGP /ÒP\RT·IWPI KP FGT -CKUGT\GKV 8+ %CTWU WPF 5ÌJPG KP 0< 5 &CVKGTWPI &TWEMHGJNGT 8QP ITQ­GT 5GNVGPJGKV 5EJYCT\G 2CVKPC HCUV XQT\ÒINKEJ 'ZGORNCT FGT 5COONWPI $GP\ #WMVKQP .CP\ /ÒPEJGP 0T FGT #WMVKQP 0#% <ÒTKEJ 0T FGT #WMVKQP .GW <ÒTKEJ 0T FGT 5COONWPI '54 #WMVKQP *GUU .GW .W\GTP 0T FGT #WMVKQP /ÒP\JCPFNWPI $CUGN $CUGN 0T WPF FGT #WMVKQP /ÒP\JCPFNWPI $CUGN $CUGN 0T %CTWU FGT CWU 0CTDQ UVCOOVG WPVGTDTCEJ FKG 4GKJG FGT KNN[TKUEJGP -CKUGT 'T YCT CWH OKNKV·TKUEJGO )GDKGV CW­GTQTFGPVNKEJ GTHQNITGKEJ <WP·EJUV DGUKGIVG GT 3WCFGP WPF 5CTOCVGP YCU KJO FGP 6KVGN )GTOCPKEWU /CZKOWU GKPDTCEJVG &CPCEJ YCPFVG GT UKEJ KO 1UVGP IGIGP FKG 2GTUGT Y·JTGPF UGKP 5QJP %CTKPWU KO 9GUVGP DNKGD ªDGT #TOGPKGP FTCPI GT CWH UCUUCPKFKUEJGU 6GTTKVQTKWO XQT WPF PCJO UQICT FKG *CWRVUVCFV -VGUKRJQP GKP #WH FGO 9GKVGTOCTUEJ UVCTD GT RNÌV\NKEJ 'PFG ,WNK #PHCPI #WIWUV XGTOWVNKEJ GKPGU PCVÒTNKEJGP 6QFGU &KG MNGKPG (GUVGOKUUKQP \W FGT WPUGT 5VÒEM IGJÌTV YWTFG CPN·­NKEJ FGT 'TPGPPWPI FGU %CTKPWU \WO #WIWUVWU JGTCWUIGIGDGP &CJGT UKPF CWH FGO 4GXGTU \YGK #WIWUVK GTY·JPV

7032

7033

7034

0WOGTKCPWU HÒT &KXWU %CTWU $ #PVQPKPKCP #PVKQEJKC I -QRH T OKV 5VTCJNGPDKPFG #NVCT 4+% 5KNDGTUWF HCUV XQT\ÒINKEJGU 'ZGORNCT

%CTKPWU HÒT &KXWU 0WOGTKCPWU $ #PVQPKPKCP 4QO I -QRH T OKV 5VTCJNGPDKPFG #FNGT UVGJV X X -QRH N 4+% 'VYCU 5KNDGTUWF HCUV XQT\ÒINKEJ UGJT UEJÌP

HÒT /CIPKC 7TDKEC #PVQPKPKCP 6KEKPWO I &TCRKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN 8GPWU UVGJV N OKV #RHGN WPF <GRVGT 4+% 4 5KNDGTUWF CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

146


1,5:1

7035

1,5:1

,WNKCPWU KP 2CPPQPKGP #PVQPKPKCP 5KUEKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI %QJ 4+% 8QP ITQ­GT 5GNVGPJGKV )TÒPDTCWPG 2CVKPC RT·EJVKIGU 2QTVT·V IWVGU UGJT UEJÌP

ªDGT ,WNKCP XQP 2CPPQPKGP DGTKEJVGP PWT #WTGNKWU 8KEVQT FKG 'RKVQOG FG %CGUCTKDWU WPF <QUKOQU YQDGK FGT 'RKVQOCVQT WPF <QUKOQU YKG UQ QHV CWU GKPGT IGOGKPUCOGP NGKFGT XGTNQTGPGP 3WGNNG UEJÌRHGP 1D WPUGT -CKUGT /CTEWU #WTGNKWU ,WNKCPWU JKG­ QFGT QD GT \WU·V\NKEJ PQEJ FGP 0COGP 5CDKPWU HÒJTVG 'RKVQOG <QUKOQU WPF N·­V UKEJ PKEJV GKPFGWVKI DGCPVYQTVGP &GP 2WTRWT GTITKHH ,WNKCPWU FGT XQTJGT YQJN FCU #OV GKPGU %QTTGEVQT 8GPGVKCG KPPGJCVVG #WTGN 8KEV PCEJ FGO 6QFG FGU 0WOGTKCPWU 'T JGTTUEJVG KP 2CPPQPKGP UGKPG /ÒP\GP UKPF CWUUEJNKG­NKEJ KP 5KUEKC IGRT·IV 1D GT UGKPG NGV\VG 5EJNCEJV IGIGP %CTKPWU KP +NN[TKGP #WTGNKWU 8KEVQT QFGT CWH FGP %CORK 8GTQPGPUGU 'RKV FG %CGU XGTNQT N·­V UKEJ PKEJV OKV 5KEJGTJGKV UCIGP

7037

7036

%CTCWUKWU #PVQPKPKCP WPDGUVKOOVG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T OKV 5VTCJNGP DKPFG 2TQXKFGPVKC UVGJV N OKV )NQDWU WPF (ÒNNJQTP %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

#NNGEVWU #PVQPKPKCP .QPFKPKWO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2CZ UVGJV N OKV 1NKXGP\YGKI WPF <GRVGT $WTPGVV 4+% )WVGU 2QTVT·V UGJT UEJÌP

1,5:1

7038

1,5:1

#PVQPKPKCP .QPFKPKWO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG )CNGGTG 0CXKU NWUQTKC N $WTPGVV 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9GIGP FGU 3 KO 4U #DUEJPKVV YKTF KP FGT (QTUEJWPI IGNGIGPVNKEJ FKG #PUKEJV XGTVTGVGP FKGUG #PVQPKPKCPG TGFW\KGTVGP (QTOCVGU UGKGP 3WKPCTG IGYGUGP 5GNDUVXGTUV·PFNKEJ JCPFGNV GU UKEJ PCEJ YKG XQT WO &QRRGNFGPCTG &CU 3 KUV CPFGTU \W FGWVGP XKGNNGKEJV CNU *KPYGKU CWH FKG HÒT IGRNCPVGP 3WKPSWGPPCNKGP #WH FGO 4GXGTU FGU 5VÒEMGU KUV GKPG 0CXKU NWUQTKC FCTIGUVGNNV GKP /KVVG FGU ,CJTJWPFGTVU GKPIGHÒJTVGT 5EJKHHUV[R &KG UGJT UEJNCPMGP WPF HNCEJIGJGPFGP 5EJKHHG YWTFGP DKU KP FKG 5R·VCPVKMG KP TÌOKUEJGP (NW­HNQVVGP GKPIGUGV\V WPF URKGNVGP OKNKV·TKUEJ GKPG DGFGWVGPFG 4QNNG 5Q IGNCPIVG ,WNKCPWU ++ #RQUVCVC KO $ÒTIGTMTKGI IGIGP %QPUVCPVKWU ++ OKV /CPP KP PWT GNH 6CIGP XQP 7NO PCEJ 5KTOKWO FKGU DGFGWVGV FC­ DGK 4WFGTGTP WPF /CPP <WNCFWPI FGT -CKUGT FKG (CJTV OKV 0CXGU NWUQTKCG WPVGTPCJO 'KPGT FGT ITÌ­VGP 8QTVGKNG FKGUGU 5EJKHHV[RU YCT LC FC­ GT PWT GKPG OKPKOCNG <GKV FGT 'KPYGKUWPI DGPÌVKIVG WPF FCJGT OKV TGIWN·TGP .CPFVTWRRGP DGOCPPV YWTFG #PJCPF FGT KP /CKP\ IGHWPFGPGP 0CXGU NWUQTKCG YWTFG CP FGT 7PKXGTUKV·V 4GIGPUDWTI GKPG .WUQTKC PCEJIGDCWV UKGJG JVVR YYY PCXKU NWUQTKC FG WPF (GTMGN -QPGP 5EJ·HGT 0CXKU .WUQTKC 'KP 4ÌOGTUEJKHH KP 4GIGPUDWTI 5V -CVJCTKPGP #NNGEVWU RTQRCIKGTVG FKGUGP 5EJKHHUV[R CWH UGKPGP /ÒP\GP WPIGYÌJPNKEJ UVCTM YKG XQT KJO UEJQP 2QUVWOWU

7039

7040

#PVQPKPKCP WPDGUVKOOVG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2CZ UVGJV N OKV 1NKXGP\YGKI WPF <GRVGT $WTPGVV 4+% )TÒPG 2CVKPC IWVGU 2QTVT·V CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&KG .QMCNKUKGTWPI FGT /ÒP\UV·VVG % KUV WOUVTKVVGP \WOCN PKEJV MNCT KUV QD GU UKEJ VCVU·EJNKEJ WO GKP % JCPFGNV #PFTGY $WTPGVV J·NV GU HÒT OÌINKEJ FC­ GU UKEJ WO GKP CNU % IGUEJTKGDGPGU ) JCPFGNV YCU HÒT )NGXWO

)NQWEGUVGT UVGJGP MÌPPVG UKGJG $WTPGVV 6JG %QKPCIG QH #NNGEVWU KP $,0 5

#PVQPKPKCP WPDGUVKOOVG /ÒP\UV·VVG I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2TQXKFGPVKC UVGJV N OKV 5VCD CWH )NQDWU WPF (ÒNNJQTP $WTPGVV 4+% &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

147


1,5:1

7042

7041

7041

1,5:1

&KQENGVKCPWU (QNNKU 4QO ! I -QRH T OKV .QTDGGTMTCP\ 7VKNKVCU UVGJV N 4+% XGTIN /CZKOKCPWU 8QP CNNGTITÌ­VGT 5GNVGPJGKV 5EJYCT\G 2CVKPC XQT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C (CUV XQT\ÒINKEJ

1,5:1

7043

Õ #TIGPVGWU 5KUEKC I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 2TCEJVGZGORNCT 8QT\ÒINKEJ 5VGORGNINCP\

7046

7044

1,5:1

1,5:1

7045

1,5:1

Õ #TIGPVGWU 0KEQOGFKC I -QRH T OKV .QTDGGTMTCP\ .CIGTVQT 4+% C #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

.CWV /CTKC 4CFPQV[ #NHÌNF[ #PVKMG 0WOKUOCVKM 6GKN + 5 UVGJV FKG 4GXGTUCDDKNFWPI HÒT FGP JGTXQTTCIGPFGP #WUDCW FGU )TGP\XGTVGKFKIWPIUU[UVGOU YGNEJGU FKG 5KEJGTJGKV FGU 4GKEJGU ICTCPVKGTVG WPF FKG (GKPFG DQVO·­KI OCEJVG &CU QHHGPG 6QT \GKIV FC­ FKG (GUVWPIGP YKGFGT FKG 6QTG HÒT *CPFGN WPF 9CPFGN ÌHHPGP MÌPPGP

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C (GKPG 2CVKPC IWVGU UGJT UEJÌP

/CZKOKCPWU + Õ #TIGPVGWU 5KUEKC I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% D 8QT\ÒINKEJ

7047

7048

1,5:1

7049

1,5:1

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% D 5GJT UEJÌP XQT\ÒINKEJ

%QPUVCPVKWU + Õ #TIGPVGWU 5KUEKC I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C -N 5VGORGNHGJNGT CWH FGO #XGTU XQT\ÒINKEJ 5VGORGNINCP\

Õ #TIGPVGWU -CTVJCIQ I -QRH T OKV .QTDGGTMTCP\ :% 8+ KP -TCP\ 4+% C 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

148


7050 1,5:1

7051

7051

1,5:1

/CZKOKCPWU ++ )CNGTKWU Õ #TIGPVGWU *GTCENGC I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% 5GJT UEJÌP

/CZKOKPWU ++ &CKC Ô #WTGWU #PVKQEJKC I -QRH T OKV .QTDGGTMTCP\ %1058. 2 2 241%1058. -CKUGT UVGJV X X KP 6QIC -QRH N OKV )NQDWU WPF 5VCD %CNKEQ 4+% C 44 -N -TCV\GT IWVGU UGJT UEJÌP

&GT 4GXGTU IKDV GKPG CNVGTVÒONKEJG HCUV TGRWDNKMCPKUEJG *GTTUEJCHVUCWHHCUUWPI FGU -CKUGTU YKGFGT &KG EQPUWNC TKUEJG )GYCNV ÒDVG GT KP 4QO CWU FKG RTQEQPUWNCTKUEJG KP FGP 2TQXKP\GP

7052

7053

7054

7056

7055

/CZGPVKWU HÒT &KXWU 4QOWNWU (QNNKU 4QO I -QRH T )TCDOQPWOGPV 4+% 4 &WPMNG 2CVKPC IWVGU UGJT UEJÌP

/ÌINKEJGTYGKUG KUV FCU CWH FKGUGT WPF FGP DGKFGP HQNIGPFGP /ÒP\GP FCTIGUVGNNVG VGORNWO FKXK 4QOWNK CNU 8QTDCW FGT -KTEJG FGT *N -QUOCU WPF &COKCPWU GTJCNVGP IGDNKGDGP

(QNNKU 1UVKC 1HHK\KP I -QRH T )TCDOQPWOGPV 4+%

4 5GJT UEJÌP

(QNNKU 4QO I -QRH T )TCDOQPWOGPV 4+% 4 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

.KEKPKWU + (QNNKU 5KUEKC 1HHK\KP I )GRCP\GTVG $ÒUVG T OKV *GNO 5VCP FCTVG FCTWPVGT UKV\GP \YGK )GHCPIGPG 4+% XGTIN 5KNDGTUWF XQT\ÒINKEJ

HÒT .KEKPKWU ++ (QNNKU *GTCENGC 1HHK\KP I -QPUWNCTDÒUVG N OKV )NQDWU <GRVGT WPF /CRRC .CIGTVQT /KP MQTTQFKGTV UQPUV HCUV XQT\ÒINKEJGU 'ZGORNCT OKV 5KNDGTUWF

7057

7058

7059

(QNNKU 5KUEKC 1HHK\KP I )GRCP\GTVG $ÒUVG N OKV .QTDGGTMTCP\ 8KEVQTKC CWH )NQDWU WPF /CRRC 5VCPFCTVG FCTWPVGT UKV\GP \YGK )GHCPIGPG 4+% (CUV XQT\ÒINKEJ

%QPUVCPVKPWU + (QNNKU 6TGXGTK 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ /CTU IGJV T OKV *GNO 5RGGT WPF 5EJKNF 4+% $TCWPG 2CVKPC IWVGU UGJT UEJÌP

(QNNKU 6TGXGTK I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU 5QN T 4+% 'VYCU 5KNDGTUWF MN 5EJTÌVNKPIUTK­ UGJT UEJÌP HCUV XQT\ÒINKEJ

149


7062

7060

1,5:1

7061

1,5:1

(QNNKU 5KUEKC I )GRCP\GTVG $ÒUVG N OKV *GNO 5RGGT WPF 5EJKNF <YGK 8KEVQTKGP JCNVGP 5EJKNF ÒDGT #NVCT 4+% 5KNDGTUWF HCUV XQT\ÒINKEJ UGJT UEJÌP

(QNNKU 5KUEKC 1HHK\KP I )GRCP\GTVG $ÒUVG T OKV *GNO 5VCPFCTVG FCTWPVGT UKV\GP \YGK )GHCPIGPG 4+% 8QT\ÒINKEJGU 'ZGORNCT OKV 5KNDGTUWF

(QNNKU 6KEKPWO I -QRH T OKV .QTDGGTMTCP\ 816 :: KP -TCP\ 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV 5KNDGTUWF

1,5:1

7063

1,5:1

Ô 5QNKFWU 6JGUUCNQPKEC 1HHK\KP I -QRH T OKV &KCFGO FGP $NKEM PCEJ QDGP IGTKEJVGV 8KEVQTKC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF (ÒNNJQTP 4+% 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT

+O \WO *KOOGN IGTKEJVGVGP $NKEM %QPUVCPVKPU MQOOV PKEJV GVYC (TÌOOGNGK FGU -CKUGTU UQPFGTP XKGNOGJT UGKP GKIGPGU KP FGP #WIGP UGKPGT <GKVIGPQUUGP ÒDGTKTFKUEJGU 9GUGP \WO #WUFTWEM

1,5:1

7064

1,5:1

Ô 5QNKFWU 0KEQOGFKC I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO 8KEVQTKC UKV\V T CWH 2CP \GT WPF UEJTGKDV 816 ::: CWH GKPGP XQP GKPGO )GPKWU IGJCNVGPGP 5EJKNF 4+% 5GJT UEJÌP XQT\ÒINKEJ

1,5:1

7065 1,5:1

Ô 5QNKFWU 0KEQOGFKC I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO 8KEVQTKC UKV\V T CWH 2CP \GT WPF UEJTGKDV 816 ::: CWH GKPGP XQP GKPGO )GPKWU IGJCNVGPGP 5EJKNF 4+% 8QT\ÒINKEJ

HÒT &KXWU %QPUVCPVKWU + (QNNKU #SWKNGKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT #FNGT CWH #NVCT X X 4+% KTTVÒONKEJG 8U .GIGPFG 5EJYCT\G 2CVKPC OKP MQTTQFKGTV XQT\ÒINKEJ

7066

150


7069

7068

7067

HÒT %TKURWU (QNNKU *GTCENGC 1HHK\KP I -QPUWNCTDÒUVG N OKV )NQDWU <GRVGT WPF /CRRC .CIGTVQT 4+% 'VYCU TCWJG 1DGTHN·EJG HCUV XQT\ÒINKEJGU 'ZGORNCT OKV 5KNDGTUWF

(QNNKU 5KUEKC 1HHK\KP I )GRCP\GTVG $ÒUVG N OKV .QTDGGTMTCP\ 5RGGT WPF 5EJKNF 5VCPFCTVG FCTWPVGT UKV\GP \YGK )GHCPIGPG 4+% 4GXGTU NGKEJV MQTTQFKGTV UQPUV HCUV XQT\ÒINKEJGU 'ZGORNCT OKV 5KNDGTUWF

(QNNKU 6KEKPWO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 816 : KP -TCP\ 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV 5KNDGTUWF

7070

7071

7072

7073

7074

(QNNKU 5KTOKWO I -QRH T OKV .QTDGGTMTCP\ #.#/#00+# &'8+%6# 8KEVQTKC IGJV T OKV 6TQRJ·G WPF 2CNO\YGKI (W­ CWH )GHCPIGPGO 4+% 8QT\ÒINKEJ

HÒT %QPUVCPVKPWU ++ (QNNKU 5KUEKC 1HHK\KP I )GRCP\GTVG $ÒUVG N OKV .QTDGGTMTCP\ 8KEVQTKC CWH )NQDWU WPF /CRRC 5VCPFCTVG FCTWPVGT UKV\GP \YGK )GHCPIGPG 4+% 5KNDGTUWF XQT\ÒINKEJ UGJT UEJÌP

(QNNKU 6KEKPWO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 816 : KP -TCP\ 4+% 8QT\ÒINKEJGU 'ZGORNCT OKV 5KNDGTUWF

(QNNKU 5KTOKWO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #.#/#00+# &'8+%6# 8KEVQTKC IGJV T OKV 6TQRJ·G WPF 2CNO\YGKI (W­ CWH )GHCPIGPGO 4+% 8QT\ÒINKEJ

HÒT %QPUVCPVKPQRQNKU (QNNKU #NGZCPFTKC I &TCRKGTVG $ÒUVG FGT %QPUVCPVKPQRQNKU N OKV *GNO WPF <GRVGT 8KEVQTKC UVGJV N CWH 2TQTC OKV 5RGGT WPF 5EJKNF 4+% 5KNDGTUWF XQT\ÒINKEJ

1,5:1

7075 1,5:1

%QPUVCPU Ô 5QNKFWU #SWKNGKC I &TCRKGTVG $ÒUVG T OKV .QTDGGT WPF 4QUGV VGPFKCFGO 1$ 8+%614+#/ 64+8/(#.'/ <YGK 8KEVQTKGP JCNVGP 5EJKNF OKV 816 : /8.6 :8 4+% 4 9KP\ -TCV\GT XQT\ÒINKEJ

&GT 4GXGTU DG\KGJV UKEJ CWH FGP 5KGI FGU %QPUVCPU ÒDGT FKG (TCPMGP KO ,CJT

7076

7077

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO <YGK 8KEVQTKGP JCNVGP 5EJKNF OKV FGT #WHUEJTKHV 816 : /8.6 :8 4+% 9KP\ 5EJTÌVNKPIUHGJNGT CWH FGT 4ÒEMUGKVG IWVGU UGJT UEJÌP

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK 8KEVQTKGP JCNVGP 5EJKNF OKV FGT #WHUEJTKHV 816 : /8.6 :: 4+% 8QT\ÒINKEJ

151


7079

7078

%QPUVCPVKWU ++ Ô 5QNKFWU 6JGUUCNQPKEC I &TCRKGTVG $ÒUVG T OKV .QTDGGT WPF 4QUGVVGPFKCFGO <YGK 8KEVQTKGP JCNVGP 5EJKNF OKV 816+5 :8 /8.6+5 :: 4+% 8QP CNNGTITÌ­VGT 5GNVGPJGKV 5GJT UEJÌP

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV .QTDGGT WPF 4QUGVVGPFKCFGO 8KEVQTKC IGJV N OKV 6TQRJ·G WPF 2CNO\YGKI 4+% (CUV XQT\ÒINKEJ

7080

1,5:1

1,5:1

Ô 5QNKFWU 0KMQOGFKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV .QTDGGT WPF 4QUGVVGPFKC FGO 4QOC WPF %QPUVCPVKPQRQNKU UKV\GP UKEJ IGIGPÒDGT WPF JCNVGP 5EJKNF OKV 816 :: /8.6 ::: 4+% 4 9KP\ -TCV\GT CWH FGO #XGTU XQT\ÒINKEJ

7081

1,5:1

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 4QOC WPF %QPUVCPVKPQRQNKU UKV\GP UKEJ IGIGPÒDGT WPF JCNVGP 5EJKNF OKV 816 ::: /8.6 :::: 4+% 4 -N -TCV\GT HCUV XQT\ÒINKEJ

7082

7083

7084

7085

Ô 5QNKFWU 4QO 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 4QOC WPF %QPUVCPVKPQRQNKU UKV\GP UKEJ IGIGPÒDGT WPF JCNVGP 5EJKNF OKV 816 ::: /8.6 :::: 4+% 4 9KP\ -TCV\GT WPF MN 4CPFHGJNGT HCUV XQT\ÒINKEJ

8GVTCPKQ /CKQTKPC 5KUEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV 5VCPFCTVG WPF 5RGGT XQP 8KEVQTKC DGMT·P\V 4+% &WPMNG 2CVKPC UGJT UEJÌP

/CIPGPVKWU &QRRGNOCKQTKPC (QNNKU #ODKCPWO ! I &TCRKGTVG $ÒUVG T %JTKUVQITCOO \YKUEJGP #NRJC WPF 1OGIC 4+% XGTIN HH )TÒPG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU MPCRRGT 5EJTÌVNKPI XQT\ÒINKEJGU 2TCEJVGZGORNCT

&C­ FKGUG 5VÒEMG GKIGPVNKEJ (QNNGU YCTGP JCV 9 9GKUGT )0 5 DGYKGUGP

152

HÒT &GEGPVKWU /CKQTKPC #SWKNGKC I &TCRKGTVG $ÒUVG T <YGK 8KEVQTKGP JCNVGP 5EJKNF OKV FGT #WHUEJTKHV 816 8 /8.6 : 4+% &WPMNG 2CVKPC UGJT UEJÌP


7086 1,5:1

1,5:1

,WNKCPWU ++ #RQUVCVC Ô 5QNKFWU #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5QNFCV OKV 6TQRJ·G T NGIV *CPF CWH )GHCPIGPGP 4+% 4 )WVGU UGJT UEJÌP

7088

7089

7087

7087

&QRRGNOCKQTKPC 0KEQOGFKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5VKGT UVGJV T 4+% /KP MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

&CU /ÒP\DKNF TKGH WPVGT FGT EJTKUVNKEJGP $GXÌNMGTWPI XQP #PVKQEJKC ITQ­GP #WHTWJT JGTXQT &KG #PVKQEJGPGT FGWVGVGP FGP 5VKGT CNU 1RHGTUVKGT UKGJG 5\KFCV <WT 9KTMWPI WPF #WHPCJOG FGT /ÒP\RTQRCICPFC +WN /KUQR F KP /WUGWO *GNXGVKEWO 5 &C KP #PVKQEJKC GKPG *WPIGTUPQV JGTTUEJVG WPF FGP %JTKUVGP FGT )GPW­ FGU 1RHGTHNGKUEJGU FGT KP ITQ­GT <CJN IGQRHGTVGP 5VKGTG XGTDQVGP YCT KUV KJTG XQO -CKUGT KP UGKPGT 5CVKTG /KUQRQIQP $CTVJCUUGT IGUEJKNFGTVG URÌVVKUEJG 4GCMVKQP CWH FKG /ÒP\G PKEJV XÌNNKI WPXGTUV·PFNKEJ &C FGT 5VKGT CWEJ XQP 5QETCVGU 5EJQNCUVKEWU CNU 1RHGTUVKGT DG\GKEJPGV YKTF JKUV GEEN WPF FKG ÒDTKIGP &GWVWPIGP FGU 5VKGTGU #RKUUVKGT /KVJTCUUVKGT IQNFGPGU -CND RJKNQUQRJKUEJGU 5[ODQN HÒT GKPGP IWVGP -CKUGT WPF <QFKCMCNUVKGT CWU XKGNGTNGK )TÒPFGP CWUUEJGKFGP JCPFGNV GU UKEJ DGK FGO CWH FGO 4GXGTU CDIGDKNFGVGP 5VKGT YCJTUEJGKPNKEJ VCVU·EJNKEJ WO GKPGP 1RHGTUVKGT UKGJG 6JQTOCPP <WT &GWVWPI FGU 5VKGTGU CWH FGP (QNNGU -CKUGT ,WNKCPU KP $TGOGT $GKVT·IG \WT /ÒP\ WPF )GNFIGUEJKEJVG 5 HH

8CNGPVKPKCPWU + Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU 4+% C 9KP\ -TCV\GT HCUV XQT\ÒINKEJ

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% D 5GJT UEJÌP

7090

1,5:1

1,5:1

Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG N OKV /CRRC <GRVGT WPF 4QUGV VGPFKCFGO <YGK -CKUGT UKV\GP XQP XQTP LGFGT OKV /CRRC <GRVGT WPF 0KODWU 4+% C QJPG FKGUG 1HHK\KP 4 -N -TCV\GT HCUV XQT\ÒINKEJ

7091

7092

Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF <GRVGT 4+% F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

8CNGPU Ô 5QNKFWU 0KEQOGFKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKC FGO -CKUGT UVGJV T OKV .CDCTWO WPF 8KEVQTKC CWH )NQDWU 4+% F 5GJT UEJÌP

153


7096

7093

7095

Ô 5QNKFWU 0KEQOGFKC 1HHK\KP / I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV .CDCTWO WPF 8KEVQTKC CWH )NQDWU 4+% F )TCHHKVK HCUV UGJT UEJÌP

Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU 4+% F &C\W GKP #TIGPVGWU FGU &KQENGVKCPWU /ÒP\UV·VVG 0KEQ OGFKC 4GXGTU .CIGTVQT TGRCTKGTV 5VÒEM $GUEJPKVVGP UEJÌPpUGJT UEJÌP WPF TGRCTKGTV UGJT UEJÌP

Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU 4+% F 8QT\ÒINKEJ

Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% G (GKPG 2CVKPC UGJT UEJÌP

7097

7099

7098

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% D -N -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

)TCVKCPWU Õ /KNKCTGPUG NGKEJV 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV N OKV 5VCPFCTVG WPF 5EJKNF 4+% G 44 )WVGU UGJT UEJÌP

Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% E (GKPG 2CVKPC IWVGU UGJT UEJÌP

7101

7100

Õ /KNKCTGPUG NGKEJV #PVKQEJKC I &TCRKGTVG $ÒUVG N OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5RGGT WPF )NQDWU WPVGT $QIGP %QJ 4+% E XCT FQTV OKV 4QUGVVGPFKCFGO 44 5EJTÌVNKPIUTK­ OKP MQTTQFKGTV UGJT UEJÌP

8CNGPVKPKCPWU ++ Ô 5QNKFWU 6TGXGTK 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% G 5GJT UEJÌP

7102

1,5:1

1,5:1

Ô 5QNKFWU #SWKNGKC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% C 4 9KP\ -TCV\GT CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

7103

7104

6JGQFQUKWU + %GPVGPKQPCNKU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO %QPUVCPVKPQRQNKU UKV\V T OKV 5RGGT WPF )NQDWU (W­ CWH 2TQTC 4+% E 8QT\ÒINKEJ

Ô 5QNKFWU #SWKNGKC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% D 4 4ÒEMUGKVG IWV CWUIGRT·IV YKP\ -TCV\GT GVYCU DGUEJPKVVGP HCUV XQT\ÒINKEJ

154


7105

7106

/CKQTKPC %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV X X -QRH T OKV 5VCPFCTVG WPF )NQDWU 4+% C (CUV UGJT UEJÌP

HÒT #GNKC (NCEEKNNC /CKQTKPC %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG T OKV &KCFGO 5CNWU UKV\V T WPF UEJTGKDV %JTKUVQITCOO CWH 5EJKNF 4+% 5GJT UEJÌP

7108

7109

7107

1,5:1

1,5:1

/CIPWU /CZKOWU Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V X X OKV )NQDWU WPF 5RGGT 4+% D (GKPG 2CVKPC XQT\ÒINKEJ

Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V X X OKV )NQDWU WPF 5RGGT 4+% D (GKPG 2CVKPC UGJT UEJÌP

Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V X X OKV )NQDWU WPF 5RGGT 4+% D (GKPG 2CVKPC UGJT UEJÌP

7110

1,5:1

#TECFKWU Ô 5QNKFWU 6JGUUCNQPKEC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 5EJKNF OKV 816 8 /8.6 : 4+% XCT (CUV XQT\ÒINKEJ

7111

1,5:1

7112

7113

7114

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU (W­ CWH 2TQTC 4+% -N -TCV\GT HCUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU (W­ CWH 2TQTC 4+% -N -TCV\GT UGJT UEJÌP

*QPQTKWU Ô 5QNKFWU 5KTOKWO 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKC FGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU (W­ CWH )GHCPIGPGO 4+% F 9KP\ -TCV\GT IWVGU UGJT UEJÌP

Ô 5QNKFWU /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU (W­ CWH )GHCPIGPGO 4+% -N -TCV\GT UGJT UEJÌP

155


7115

1,5:1

1,5:1

Ô 5QNKFWU #SWKNGKC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCP FCTVG WPF 8KEVQTKC CWH )NQDWU (W­ CWH )GHCPIGPGO 4+% 44 5EJÒTHUVGNNGP CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

9KT HQNIGP DGK FGT &CVKGTWPI FGU 5VÒEMGU )GQTIGU &GRG[TQV

7117

1,5:1

7116

1,5:1

7116

Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCP FCTVG WPF 8KEVQTKC CWH )NQDWU (W­ CWH )GHCPIGPGO 4+% 5GJT UEJÌP

%QPUVCPVKPWU +++ Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% 4 -N 5VGORGNDTWEJ CWH FGO #XGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

7118

1,5:1

6JGQFQUKWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% 8QT\ÒINKEJ

7119

156

1,5:1

7120

7121

7122

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% -N -TCV\GT NGKEJV DGUEJPKVVGP UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% )WVGU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% -N -TCV\GT UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% -N -TCV\GT NGKEJVGT &QRRGNUEJNCI CWH FGO 4GXGTU UGJT UEJÌP


7123

7125

7124

1,5:1

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N 5VGTP 4+% 5GJT UEJÌP

Ô 5QNKFWU WO 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV .CDCTWO WPF 8KEVQTKC CWH )NQDWU (W­ CWH )GHCPIGPGO OKV CPIGYKPMGNVGO -PKG 4+% 44 5GJT UEJÌPpXQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF -CKUGT UKV\V X X OKV .CDCTWO WPF -TGW\INQDWU N 5VGTP 4+% 4 (CUV XQT\ÒINKEJ

7126

1,5:1

7127

7128

1,5:1

Ô 5QNKFWU 6JGUUCNQPKEC I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU N 5VGTP 4+% 4 'VYCU TCWJGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

'NGICPVG (KIWT FGU -CKUGTU

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT %QPUVCPVKPQRQNKU UKV\V N OKV -TGW\INQDWU WPF <GRVGT FCJKPVGT 5VGTP 4+% 9KP\ -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT %QPUVCPVKPQRQNKU UKV\V N OKV -TGW\INQDWU WPF <GRVGT FCJKPVGT 5VGTP 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV CWUIG\GKEJPGVGO 2QTVT·V

7130 7129

7131

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT %QPUVCPVKPQRQNKU UKV\V N OKV -TGW\INQDWU WPF <GRVGT FCJKPVGT 5VGTP 4+% 8QTFGTUGKVG -TCV\GT IWVGU UGJT UEJÌP

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 8KEVQTKC OKV -TCP\ WPF -TGW\INQDWU X X T 5VGTP 4+% 5GJT UEJÌP

8CNGPVKPKCPWU +++ Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 4QUGVVGP FKCFGO -CKUGT UVGJV X X OKV .CPIMTGW\ WPF 8KEVQTKC CWH )NQDWU (W­ CWH OGPUEJGPMÌRHKIGT 5EJNCPIG 4+% 5GJT UEJÌP

&KG 5EJNCPIG U[ODQNKUKGTV FGP 6GWHGN

157


7133

7132

1,5:1

1,5:1

7132

/CTEKCPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\UVCD T 5VGTP 4+% 4 9KP\ 4CPFHGJNGT XQT\ÒINKEJpUVGORGNHTKUEJ

.GQ + Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KEVQTKC IGJV T OKV -TCP\ WPF -TGW\INQDWU T 5VGTP 4+% 4 -N &TWEMUVGNNG XQT\ÒINKEJ

7134

7135

7136

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KEVQTKC IGJV T OKV -TCP\ WPF -TGW\INQDWU N 5VGTP T 2WPMV 4+% 4 /KP IGYGNNV UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\ FCJKPVGT 5VGTP 4+% (CUUWPIUURWTGP UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\ FCJKPVGT 5VGTP 4+% /KP IGYGNNV -TCV\GT CWH FGO #XGTU UGJT UEJÌP

7137

7138

7138

1,5:1

1,5:1

#PVJGOKWU Ô 6TGOKUUKU 4QO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -TGW\ KP -TCP\ 4+% 4 5GJT UEJÌP #PVJGOKWU YCT FGT NGV\VG #WIWUVWU FGU 9GUVGPU FGT XGTUWEJV JCV XGTNQTGPGU 6GTTKVQTKWO \WTÒEM\WIGYKPPGP

<GPQ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\ T 5VGTP 4+% (GKNUVGNNG CO 4CPF HCUV XQT\ÒINKEJ

7139 1,5:1

1,5:1

$CUKNKUEWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV .CPIMTGW\ FCJKPVGT 5VGTP 4+% 4 8QT\ÒINKEJ 'ZGORNCT FGT #WMVKQP 5QVJGD[ U #P +ORQTVCPV 2TKXCVG %QNNGEVKQP QH $[\CPVKPG %QKPU 0GY ;QTM 0T $CUKNKUEWU YCT FGT $TWFGT FGT #GNKC <GPQPKU FKG GTHQNITGKEJ IGIGP <GPQ KPVTKIKGTVG WPF KJTGO $TWFGT CWH FGP 6JTQP XGTJCNH #DGT FKG -QUVGP FGU -TKGIGU IGIGP FGP IGHNQJGPGP <GPQ WPRQRWN·TG TGNKIKÌUG /C­PCJOGP WPF UEJNKG­NKEJ GKP (GWGT KP FGT *CWRVUVCFV \YCPIGP KJP FKG /CEJV YKGFGT <GPQ \W ÒDGTNCUUGP &KGUGT JCVVG XGTURTQEJGP $CUKNKUEWU WPF UGKPG (COKNKG PKEJV \W VÌVGP GT UEJKEMVG UKG FCJGT PCEJ .KOPC KP -CRRCFQMKGP KPU 'ZKN WPF NKG­ UKG FQTV XGTJWPIGTP

158


7140

'+0' 4¤/+5%*' 6'55'4#

6GUUGTGP FGU ,CJTJWPFGTVU P %JT 6GUUGTC I 4CF OKV UGEJU 5RGKEJGP 5VGWGTTWFGT ! KO (GNF 8' +5 )ÌDN #PVKMG 0WOKUOCVKM /NCUQYUM[ 5GJT UEJÌP

.165 4¤/+5%*'4 /ª0<'0

-NGKPG 5COONWPI XQP &GPCTGP FGT TÌOKUEJGP 4GRWDNKM &KG 5COONWPI GPVJ·NV XKGNG XGTUEJKGFGPG &GPCTG FGT TÌOKUEJGP 4GRWDNKM FCTWPVGT \ $ /WUUKFKWU .QPIWU 5EJTGKP FGT 8GPWU %NQCEKPC 2QO RQPKWU /WUC IGNQEJV . %GPUQTKPWU /CTU[CU GVE &CU 1DLGMV GKIPGV UKEJ JGTXQTTCIGPF CNU )TWPF UVQEM HÒT FGP #WHDCW GKPGT 5COONWPI XQP /ÒP\GP FGT TÌOKUEJGP 4GRWDNKM WPF UQNNVG WPDGFKPIV DGUKEJ VKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP GKP 5VÒEM IGNQEJV

-NGKPG 5COONWPI &GPCTG WPF 3WKPCTG FGT TÌOKUEJGP 4GRWDNKM &KG 5COONWPI GPVJ·NV &GPCTG WPF 3WKPCTG FGT TÌOKUEJGP 4GRWDNKM OKV VGKNU KPVGTGUUCPVGP 4GXGTUGP W C /QPF WPF UKGDGP 5VGTPG 8KGNG FGT 5VÒEMG YGKUGP GKPG JÒDUEJG 2CVKPC CWH 5GJT KPVGTGUUCPVGU 1DLGMV FCU WPDGFKPIV DGUKEJVKIV YGTFGP UQNNVG 5VÒEM /GKUV UGJT UEJÌP

4ÌOKUEJG &GPCTG WPF #PVQPKPKCPG UQYKG GKP 3WKPCT &CU .QV GPVJ·NV 2T·IWPIGP XQP FGT 4GRWDNKM DKU KPU FTKVVG ,CJTJWPFGTV P %JT 7PVGT FGP &GPCTGP HKPFGP UKEJ W C 2T·IWPIGP FGT 4GRWDNKM FCXQP GKP 5VÒ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ÒEM /GKUV UGJT UEJÌP

.QV TÌOKUEJGT $TQP\GOÒP\GP 6KDGTKWU HÒT .KXKC &WRQPFKWU 4+%w #XGTU ÒDGTCTDGKVGV )CKWU %CNKIWNC HÒT #WIWUVWU &WRQPFKWU 4+%w ÒDGTCTDGKVGV 8GURCUKCPWU HÒT &QOKVKCPWU 5GUVGT\ $/% 5 ÒDGTCTDGKVGV .WEKNNC 5GUVGT\ 4+% 5VÒEM (CUV UGJT UEJÌP UGJT UEJÌP XQT\ÒINKEJ

.QV TÌOKUEJGT 5KNDGTOÒP\GP FGU ,CJTJWPFGTVU P %JT 'PVJCNVGP UKPF &GPCTG XQP #WIWUVWU DKU 5GXGTWU #NGZCPFGT FCTWPVGT W C 0GTXC &KXWU /CTEWU #WTGNKWU GKP UWD·TCVGT %NQFKWU #NDKPWU UQYKG GKP 3WKPCT FGU #WIWUVWU 5VÒEM /GKUV UGJT UEJÌP 5VÒEMG OKV (CUUWPIUURWTGP 5VÒEMG IGNQEJV

.QV TÌOKUEJGT /ÒP\GP XQP FGT 4GRWDNKM DKU KP FKG 5R·VCPVKMG &CU KPVGTGUUCPVG .QV GPVJ·NV W C UKGDGP &GPCTG FGT TÌOKUEJGP 4GRWDNKM &GPCTG FGU WPF ,CJTJWPFGTVU P %JT GKPG 5KNKSWC FGU 8CNGPU UQYKG GKPGP 5GUVGT\ FGU 2JKNKRRWU + #TCDU 5VÒEM /GKUV UGJT UEJÌP

#NGZCPFTKPKUEJG 6GVTCFTCEJOGP 0GTQ #RQNNQ #MVKQU 'OOGV *CFTKCP %CPQRWU 'OOGV %QOOQFWU -QRH FGU <GWU #OOQP T 'OOGV -CKUGT WPF 5CTCRKUDÒUVG CWH 5·WNG 'OOGV $ÒUVG FGT 5GNGPG 'OOGV *GNKQUDÒUVG T 'OOGV 'NCICDCN #VJGPCDÒUVG T 'OOGV )QTFKCPWU +++ 6TQRJ·G 'OOGV )CNNKGPWU *GNKQUDÒUVG 'OOGV %NCWFKWU ++ )QVJKEWU

*CTRQMTCVGU 'OOGV /CZKOKCPWU + *GTCMNGU 'OOGV 5VÒEM /GKUV UGJT UEJÌP

.QV TÌOKUEJGT &GPCTG WPF #PVQPKPKCPG XQP FGT 4GRWDNKM DKU KP FCU ,CJTJWPFGTV P %JT &CU JQEJKPVGTGUUCPVG .QV GPVJ·NV &GPCTG FGT 4GRWDNKM &GPCTG FGT -CKUGT\GKV OKV VGKNU UGNVGPGP 4GXGTUGP

W C %QOOQFWU *GTEWNGU OKV 6TQRJ·G 'NCICDCN )CNGGTG UQYKG #PVQPKPKCPG W C &KXWU 6TCKCPWU 2QUVWOWU OKV 4GXGTU 5QN *QEJKPVGTGUUCPVGU .QV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP GKPKIG DGUUGT

-NGKPG 5COONWPI TÌOKUEJGT 5KNDGT WPF $TQP\GOÒP\GP FCDGK CWEJ 2TQXKP\KCNRT·IWPIGP UQYKG GKPKIG $[\CPVKPGT WPF \YGK OQFGTPG /ÒP\GP &KG 5COONWPI GPVJ·NV 2T·IWPIGP XQP FGT 4GRWDNKM DKU KP FKG 5R·VCPVKMG FCDGK CWEJ UGNVGPG 5VÒEMG FCDGK \ $ GKPG &KFTCEJOG FGT TÌOKUEJGP 4GRWDNKM

4GXGTU 9ÌNHKP U·WIV 4QOWNWU WPF 4GOWU 4CPF DGCTDGKVGV GKP &GPCT FGU % ,WNKWU %CGUCT \YGK #UUG FGU 2JKNKRRWU #TCDU UEJÌP GKP %KUVQRJQT FGU *CFTKCP GKP 5GUVGT\ FGU /CZKOKPWU + 6JTCZ HÒT /CZK OWU GKP &QRRGNUGUVGT\ FGU 2QUVWOWU GKPG CNGZCPFTKPKUEJG 6GVTCFTCEJOG FGU #PVQPKPWU + 2KWU GVE &KG 5COONWPI GKIPGV UKEJ JGTXQTTCIGPF HÒT FGP #WHDCW GKPGT 4ÌOGTUCOONWPI WPF UQNNVG WPDGFKPIV DGUKEJ VKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpXQT\ÒINKEJ

.QV OGKUV UR·VTÌOKUEJGT /ÒP\GP &CU .QV GPVJ·NV ÒDGTYKGIGPF $TQP\GOÒP\GP FGU UR·VGP FTKVVGP WPF FGU XKGTVGP ,CJTJWPFGTVU P %JT CDGT CWEJ GKPKIG HTÒJGTG TÌOKUEJG )GRT·IG UQYKG YGPKIG ITKGEJKUEJG WPF RTQXKP\KCNTÌOKUEJG /ÒP\GP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP EC 5VÒEM 5EJÌPpUGJT UEJÌP

159


.QV TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP 'PVJCNVGP KUV W C GKPG *GOKFTCEJOG FGU 6TCKCP CWU %CGUCTGC %CRRCFQEKCG GKPG CNGZCPFTKPKUEJG &TCEJOG FGU &QOKVKCP CWU #NGZCPFTKC 4GXGTU -GPVCWTGPDKIC FTGK $TQP\GP FGU /CETKPWU GVE CDGT CWEJ GKPG QUVIQVKUEJG $TQP\G GKPG JÒDUEJG CWVQPQOG $TQP\G CWU -Q T[MQU %KNKEKCG UQYKG \YGK $TQP\GP FGU 6KITCPGU XQP #TOGPKGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

5COONWPI TÌOKUEJGT &GPCTG XQP #PVQPKPWU + 2KWU DKU )QTFKCPWU +++ &KG 5COONWPI GPVJ·NV GKPKIG UGJT JÒDUEJG WPF CWEJ TGEJV UGNVGPG &GPCTG W C %QOOQFWU -QRH T KO .ÌYGPHGNN -GWNG 'NCICDCN FTGK 5VCPFCTVGP GVE &CU 1DLGMV GKIPGV UKEJ JGTXQTTCIGPF CNU )TWPFUVQEM GKPGT 5COONWPI TÌOKUEJGT &GPCTG FGU CPIGHÒJTVGP <GKVTCWOU WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP GKPKIG DGUUGT

-NGKPGU .QV TÌOKUEJGT $TQP\GOÒP\GP *CFTKCP 5GUVGT\ *KNCTKVCU %CTCECNNC 5GUVGT\

#UENGRKWU 5GXGTWU #NGZCPFGT 5GUVGT\ /CTU &KQENGVKCP (QNNKU 5VÒEM (CUV UGJT UEJÌP WPF UGJT UEJÌP

5COONWPI TÌOKUEJGT /ÒP\GP XQP FGT CWIWUV·KUEJGP <GKV DKU KP FKG 5R·VCPVKMG &KG 5COONWPI GPVJ·NV ÒDGTYKGIGPF TGKEJUTÌOKUEJG 2T·IWPIGP KP 5KNDGT WPF $TQP\G CDGT CWEJ GKPKIG 2TQXKP\KCNRT· IWPIGP W C #NGZCPFTKC $GUQPFGTU UVCTM XGTVTGVGP UKPF KP FGT 5COONWPI /ÒP\GP FGU WPF ,CJT JWPFGTVU P %JT OGKUV &GPCTG &CU 1DLGMV GKIPGV UKEJ FWTEJ FKG 8KGN\CJN FGT XGTVTGVGPGP -CKUGT WPF MCKUGTNKEJGP &COGP JGTXQTTCIGPF CNU )TWPFUVQEM HÒT FGP #WHDCW GKPGT 5COONWPI XQP /ÒP\GP FGT TÌOKUEJGP -CKUGT\GKV WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

.QV TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP 'PVJCNVGP UKPF 2T·IWPIGP FGU ,CJTJWPFGTVU P %JT CWU XKGNGP 5V·FVGP FCDGK CWEJ DGUUGTG 5VÒEMG W C UGNVGPGTG MCKUGTNKEJG &COGP YKG \ $ &QOKVKC 'PV JCNVGP UKPF \ $ /ÒP\GP XQP 2JKNKRRK /CEGFQPKC #NGZCPFTKC 6TQCU -[OG #GQNKU 'RJGUQU +QPKC -QVKCKQP 2JT[IKC 6CTUQU %KNKEKC 'FGUUC /GUQRQVCOKC GVE *QEJKPVGTGUUCPVGU 1DLGMV DKVVG DGUKEJ VKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

.QV TÌOKUEJGT /ÒP\GP &CU .QV GPVJ·NV &GPCTG XQP &QOKVKCPWU DKU 5GXGTWU #NGZCPFGT UQYKG GKPGP (QNNKU FGU /CZKOKCPWU *GTEWNKWU WPF GKPG &QRRGNOCKQTKPC FGU ,WNKCPWU ++ +PVGTGUUCPVGU .QV DKVVG DG UKEJVKIGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

5COONWPI TÌOKUEJGT &GPCTG XQP (CWUVKPC HKNKC DKU 5GXGTWU #NGZCPFGT &KG 5COONWPI GPVJ·NV GKPKIG UGJT JÒDUEJG WPF CWEJ TGEJV UGNVGPG &GPCTG 5GRVKOKWU 5GXGTWU /QPF WPF UKGDGP 5VGTPG &CU 1DLGMV GKIPGV UKEJ JGTXQTTCIGPF CNU )TWPFUVQEM GKPGT 5COONWPI TÌOKUEJGT &GPCTG FGU CPIGHÒJTVGP <GKVTCWOU WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP GKPKIG DGUUGT

.QV XQP 5GUVGT\GP WPF 2TQXKP\KCNRT·IWPIGP 'PVJCNVGP UKPF UKGDGP 5GUVGT\G CWU FGT <GKV XQP 5GXGTWU #NGZCPFGT DKU 6TCKCPWU &GEKWU UQYKG 2TQXKP\KCNRT·IWPIGP OGKUV /CTMKCPQRQNKU *QEJKPVGTGUUCPVGU .QV OKV 5GNVGPJGKVGP DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

.QV TÌOKUEJGT #PVQPKPKCPG &CU .QV GPVJ·NV #PVQPKPKCPG XQP 'NCICDCN DKU 0WOGTKCPWU FCDGK CWEJ GKPKIG UGJT KPVGTGUUCPVG 5VÒEMG \ $ 2QUVWOWU 4GXGTU (NW­IQVV 4JGPWU 5GJT KPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP GKPKIG DGUUGT

.QV TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP &CU .QV GPVJ·NV )GRT·IG KP 5KNDGT #WIWUVWU 6GVTCFTCEJOG CWU #PVKQEJKC WPF Z %QOOQFWU %CGUCTGC %CRRCFQEKCG WPF $TQP\G OGJTJGKVNKEJ CWU /QGUKGP WPF 6JTC MKGP CDGT CWEJ CWU -NGKPCUKGP )CNNKGP WPF /CMGFQPKGP &KG 5VÒEMG TGKEJGP \GKVNKEJ XQP #WIWUVWU DKU )QTFKCPWU +++ *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

Õ #PVQPKPKCPG 6TCKCPWU &GEKWU *GTGPPKWU 'VTWUEWU *QUVKNKCPWU 6TGDQPKCPWU )CNNWU 8QNWUKCPWU 5VÒEM /GKUV UGJT UEJÌP CNNG OKV 2CVKPC

5COONWPI TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP &CU 1DLGMV GPVJ·NV 2T·IWPIGP KP 5KNDGT $KNNQP WPF $TQP\G FGU ,CJTJWPFGTVU P %JT CWU XKGNGP )GDKGVGP FGU TÌOKUEJGP 4GKEJGU DGUQPFGTU UVCTM UKPF -NGKPCUKGP WPF I[RVGP XGTVTGVGP &CU JQEJKPVGTGUUCPVG 1DLGMV GKIPGV UKEJ JGTXQTTCIGPF CNU )TWPFUVQEM HÒT FGP #WHDCW GKPGT 5COONWPI XQP 2TQXKP\KCNRT·IWPIGP WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP GKP 5VÒEM IGNQEJV

Õ #PVQPKPKCPG )QTFKCPWU +++ Z 2JKNKRRWU + #TCDU 1VCEKNKC 5GXGTC 2JKNKRRWU ++ %CGUCT

IGNQEJV 6TCKCPWU &GEKWU *GTGPPKC 'VTWUEKNNC 8QNWUKCPWU )CNNKGPWU Z $ WPF #PVQPKPKCPG GPVJCNVGP UKPF W C 2T·IWPIGP XQP 6TGDQPKCPWU )CNNWU 8CNGTKCPWU + Z )CNNKGPWU Z %NCWFKWU ++ )QVJKEWU Z #WTGNKCPWU Z 2TQDWU Z &KQENGVKCPWU /CZKOKCPWU Z /CZKOKCPWU ++ )CNGTKWU #PVQPKPKCPG FGU ICNNKUEJGP 5QPFGTTGKEJGU +O .QV XGTVTGVGP UKPF 2T·IWPIGP FGT -CKUGT 2QUVWOWU /CTKWU 8KEVQTKPWU 6GVTKEWU + 6GVTKEWU ++ UQYKG \YGK 4CFKCVK 5VÒEM 5EJÌPpUGJT UEJÌP GKPKIG DGUUGT

.QV TGKEJUTÌOKUEJGT $TQP\GOÒ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ÒEM /GKUV UEJÌPpUGJT UEJÌP

160


.QV TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP 'PVJCNVGP UKPF W C GKPG 2T·IWPI FGU 0GTQ CWU -QTKPVJ GKPG $TQP\G FGU 6KDGTKWU CWU /CI[FQU OKV )GIGPUVGORGN GKP &KQDQN FGU %NCWFKWU CWU #NGZCPFTKC GVE +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM )GTKPI GTJCNVGPpUGJT UEJÌP

.QV XQP #PVQPKPKCPGP FGT /KVVG FGU ,CJTJWPFGTVU P %JT &CU .QV GPVJ·NV 2T·IWPIGP XQP 6TGDQ PKCPWU )CNNWU 8CNGTKCPWU )CNNKGPWU 5CNQPKPC 5CNQPKPWU &KXWU 8CNGTKCPWU ++ WPF 2QUVWOWU #NNG 5VÒEMG UKPF DGUVKOOV 5GJT KPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌP

(QNNGU FCU .QV GPVJ·NV PGDGP CEJV (QNNGU FGT 6GVTCTEJGP CWU XGTUEJKGFGPGP /ÒP\UV·VVGP CWEJ GKP #U FGU #WIWUVWU 5VÒEM 5GJT UEJÌP

.QV XQP #NGZCPFTKPGTP WPF FKXGTUGP 2TQXKP\KCNRT·IWPIGP &CU KPVGTGUUCPVG .QV GPVJ·NV #NGZCPFTKPGT XQO ,CJTJWPFGTV P %JT OGKUV 6GVTCFTCEJOGP FGT 6GVTCTEJKG CDGT CWEJ \ $ &KQ DQNG FGU )CNDC WPF FGU 1VJQ &TCEJOGP FGU *CFTKCPWU WPF FGU #PVQPKPWU 2KWU GVE 7PVGT FGP ÒDTKIGP 2TQXKP\KCNRT·IWPIGP ÒDGTYKGIV 8KOKPCEKWO +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

.QV TÌOKUEJGT $TQP\GOÒP\GP &CU .QV GPVJ·NV TÌOKUEJG $TQP\GOÒP\GP FGU DKU ,CJTWPFGTVU P %JT W C 5GUVGT\GP FGU %QOOQFWU *'4%8.+ 41/#01 #8) %QOOQFWU CNU *GTEWNGU DGMT·P\V 6TQRJ·G 5GXGTWU #NGZCPFGT )QTFKCPWU +++ WPF 6TGDQPKCPWU )CNNWU GKP #U FGU 6TCKCPWU 5·WNG KP (QTO GKPGT -GWNG FKXGTUG (QNNGU WPVGT CPFGTGO UKGDGP JÒDUEJG 6TKGTGT 2T·IWPIGP UQYKG GKPGP DCTDC TKUKGTVGP #PVQPKPKCP FGU 6GVTKEWU 5VÒEM <WO 6GKN UGNVGP (CUV UGJT UEJÌPpXQT\ÒINKEJ

.QV OGKUV UR·VTÌOKUEJGT $TQP\GOÒP\GP 'PVJCNVGP UKPF PGDGP UR·VTÌOKUEJGP $TQP\GOÒP\GP OGKUV (QNNGU CDGT CWEJ %GPVGPKQPCNGU WPF 0WOOK GVE W C XQP 5GXGTWU ++ &GNOCVKWU /CIPGPVKWU %QP UVCPVKWU )CNNWU ,WNKCPWU ++ ,QXKCPWU CWEJ GKP #U FGT .WEKNNC GKPG 5KNKSWC FGU #TECFKWU

DGUEJPKVVGP GKPG 5KNKSWC FGU 8CNGPVKPKCPWU + UQYKG GKPG WPDGUVKOOVG QTKGPVCNKUEJG )QNFOÒP\G +PVGT GUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV UR·VTÌOKUEJGT $TQP\GOÒP\GP 'PVJCNVGP UKPF 2T·IWPIGP XQP FGT 6GVTCTEJKG DKU #TECFKWU OGKUV (QNNGU /CKQTKPCG %GPVGPKQPCNGU 0WOOK GVE CDGT CWEJ GKP 5KNKSWC (TCIOGPV FGU %QPUVCPVKWU ++ +PVGT GUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpXQT\ÒINKEJ

.QV OGKUV TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV PGDGP XKGT ITKGEJKUEJGP /ÒP\GP -CXCTQU 5GWVJGU +++ *GTOCKQU 6JGUUCNQPKEC UGEJU D[\CPVKPKUEJG /ÒP\GP XKGT VGKNU UGJT CVVTCMVKXG &GPCTG

%QOOQFWU ,WNKC &QOPC 'NCICDCN WPF /CETKPWU UQYKG UKGDGP #PVQPKPKCPG W C %CTCECNNC %NCWFKWU ++ WPF 6CEKVWU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpXQT\ÒINKEJ

8¤.-'49#0&'470)

7173

1,5:1

1,5:1

$#4$#4'0 #7( &'/ $#.-#0

Ô 5QNKFWU KO 0COGP %QPUVCPVKWU ++ I &0 %1056#0 6+85 2 ( #8) &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO ).14+# 4'0 .84.+%0 4QOC WPF %QPUVCPVKPQRQNKU JCNVGP 5EJKNF OKV FGT #WHUEJTKHV 816 /8. ::: KO #DUEJPKVV 5/.8) 4 5GJT UEJÌP

7174

Õ 5KNKSWC KO 0COGP %QPUVCPVKWU ++ I &++ %10560++ 6+++5 1%(%%%) &TCRKGTVG $ÒUVG FGU %QPUVCPVKWU ++ T OKV 2GTNFKCFGO ++16+5 ::: ++8.6+5 :::: KP -TCP\ $CUVKGP KP #05/0 XGTIN 4+% %QPUV WPF #PO 5GJT UEJÌP

161


7175

1,5:1

1,5:1

9'56)16'0

5KUGDWV Ô 6TGOKUUKU +URCNK 5GXKNNC I $GKFGTUGKVU $ÒUVG X X /KNGU C

8QT\ÒINKEJ

5WKPVJKNC Ô 6TGOKUUKU 6QNGFQ I $GKFGTUGKVU $ÒUVG X X /KNGU C $TGKVGT 5EJTÌVNKPI UGJT UEJÌP

7176

1,5:1

7177

1,5:1

156)16'0

#VJCNCTKEJ Õ 5KNKSWC OKV 0COGP +WUVKPWU + 4CXGPPC I &TCRKGTVG $ÒUVG T OKV &KCFGO +P -TCP\ & 0 #6*#. #4+%85 4': -TCWU *CJP /+$ D /GVNKEJ D 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

7178

/'419+0)'4

Ô 5QNKFWU KO 0COGP #PCUVCUKWU + I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT 8KEVQTKC UVGJV N OKV -TGW\UVCD $GNHQTV XGTIN )TKGTUQP $NCEMDWTP .CECO XGTIN 2N %8++ # 44 .GKEJV IGYGNNV HCUV UGJT UEJÌP

$;<#06+0+5%*' /ª0<'0

7180

7179 1,5:1

$;<#0<

162

#PCUVCUKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\UVCD FCJKPVGT 5VGTP &1% K 5GCT )TCHHKVK IWVGU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV %JTKUVQITCOOUVCD FCXQT 5VGTP &1% C 5GCT /KP IGYGNNV XQT\ÒINKEJ


7182

7181

7183

7184

Ô 5GOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 8KEVQTKC UKV\V T CWH 5EJKNF WPF 2CP\GT WPF UEJTGKDV :::: CWH 5EJKNF KO (GNF N 5VGTP KO (GNF T %JTKUVQITCOO &1% 5GCT 8QT\ÒINKEJ

+WUVKPWU + Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU T 5VGTP &1% F 5GCT 'VYCU DGUEJPKVVGP UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU T 5VGTP &1% QJPG FKGUG 1HHK\KP 5GCT 8QT\ÒINKEJ

+WUVKPKCPWU + Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG HCUV X X OKV *GNO 5RGGT WPF 5EJKNF 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU &1% K 5GCT 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T

7185

7187

7186

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQ DWU WPF 5EJKNF 'PIGN UVGJV X X OKV -TGW\ T 5VGTP &1% H 5GCT 'VYCU IGYGNNV UGJT UEJÌP

(QNNKU ,CJT 0KMQOGFKC 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQDWU WPF 5EJKNF T -TGW\ 9GTV &1% C 5GCT &WPMGNITÒPG 2CVKPC HGKPGT 5VKN UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQ DWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU T 5VGTP &1% E 5GCT -N 5EJÒTHUVGNNG CWH FGO #XGTU IWVGU UGJT UEJÌP

7188

7189

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQ DWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU T 5VGTP &1% E 5GCT &QRRGNUEJNCI YKP\ -TCV\GT HCUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQ DWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU T 5VGTP &1% J 5GCT &QRRGNUEJNCI DGUEJPKVVGP IWVGU UGJT UEJÌP

163


7191 7190

7190

(QNNKU ,CJT %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQDWU WPF 5EJKNF T -TGW\ 9GTV &1% F 5GCT &WPMGNITÒPG 2CVKPC XQT\ÒINKEJ

+WUVKPWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 8KEVQTKC CWH )NQDWU WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF -TGW\INQDWU &1% D 5GCT &TWEMUVGNNG CO 4CPF XQT\ÒINKEJ

1,5:1

7192

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 8KEVQTKC CWH )NQDWU WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF -TGW\INQDWU &1% H 5GCT 8QT\ÒINKEJ

7195

7194

7193

Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 8KEVQTKC CWH )NQDWU WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF -TGW\INQDWU &1% 5GCT )WVGU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 8KEVQTKC CWH )NQDWU WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF -TGW\INQDWU N 5VGTP &1% E 5GCT (CUV XQT\ÒINKEJ

6KDGTKWU ++ %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP \GTVG $ÒUVG X X OKV -TQPG -TGW\INQDWU WPF 5EJKNF -TGW\ CWH XKGT 5VWHGP &1% D 5GCT -N -TCV\GT IWVGU UGJT UEJÌP

1,5:1

164

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG -TGW\INQ DWU WPF 5EJKNF -TGW\ CWH XKGT 5VWHGP &1% J 5GCT 8QT\ÒINKEJ

7197

7196

7198

/CWTKEKWU 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% E 5GCT )TCHHKVK CWH FGO 4GXGTU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% G 5GCT )TCHHKVK CWH FGO 4GXGTU 4CPF GVYCU IGFTÒEMV UGJT UEJÌP


7199

7201

7200

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% I 5GCT 8QT\ÒINKEJ HCUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQ DWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU T KO (GNF + &1% QJPG FKGUG 1HHK\KP 5GCT 4 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

#WEJ &CXKF 5GCT XGT\GKEJPGV MGKP 5VÒEM OKV FKGUGT 1HHK\KP

Ô 5QNKFWU \W 5KNKSWCG %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQDWU WPF 5EJKNF T 5VGTP 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU T 5VGTP &1% D 5GCT 4 #O 4CPF NGKEJV IGFTÒEMV XQT\ÒINKEJ

7202

7203

1,5:1

7204

1,5:1

Ô 5GOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KEVQTKC IGJV T OKV -TCP\ WPF -TGW\INQDWU &1% D 5GCT &TWEMUVGNNG UQPUV HCUV XQT\ÒINKEJ

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -TGW\ &1% 5GCT 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJ

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -TGW\ &1% 5GCT $TGKVGT 5EJTÌVNKPI GVYCU IGYGNNV UGJT UEJÌP

7205

7206

7207

7208

7209

Ô 5QNKFWU 6JGQWRQNKU #PVKQEJKC 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQ DWU 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU &1% QJPG FKGUG 1HHK\KP 5GCT .GKEJVG 2T·IGUEJY·EJG MN -TCV\GT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

Ô 5QNKFWU 6JGQWRQNKU #PVKQEJKC 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQ DWU 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU &1% G 5GCT (CUV XQT\ÒINKEJ

2JQECU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I -QPUWNCTDÒUVG X X OKV /CRRC WPF -TGW\ CWH )NQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% 5GCT 44 5GJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG WPF -TGW\ INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% E 5GCT 8QT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% I 5GCT /KP IGYGNNV UGJT UEJÌP

165


7211

7210

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% L 5GCT 'VYCU TQUVKIGT #XGTUUVGORGN XQT\ÒINKEJ

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO -TGW\ &1% 5GCT 6GKNYGKUG UEJYCEJ CWUIGRT·IV UGJT UEJÌPpXQT\ÒINKEJ

7212

1,5:1

1,5:1

*GTCENKWU WPF *GTCENKWU %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP KO (GNF 0 &1% C 5GCT 2T·IGUEJY·EJG CO 4CPF YKP\ -TCV\GT CWH FGO 4GXGTU XQT\ÒINKEJ

7216

7214

7213

7215

7215

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% C 5GCT /KP &TWEMUVGNNG CO 4CPF XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% D 5GCT 2T·IGUEJY·EJG UQPUV XQT\ÒINKEJ

(QNNKU 6JGUUCNQPKEC 1HHK\KP I <YGK -CKUGT UVGJGP X X 9GTV &1% HH 5GCT )TÒPG 2CVKPC ÒDGTRT·IV UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP T + &1% F 5GCT -N -TCV\GT UGJT UEJÌP

7217

7218

7218 1,5:1

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% F 5GCT 2T·IGUEJY·EJG UQPUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% 1HHK\KP HGJNV 5GCT 5GJT UEJÌP

166


7219

7221

7220

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% C 5GCT 5GJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% XGTIN H 5GCT -N 4CPFHGJNGT WPF &TWEMUVGNNG UGJT UEJÌP

OKV *GTCENKWU %QPUVCPVKPWU WPF *GTCENQPCU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TGK -CKUGT UVGJGP X X -TGW\ CWH FTGK 5VWHGP &1% E 5GCT -PKEMURWT )TCHHKVK CWH FGO 4GXGTU UGJT UEJÌP

7222

7223

1,5:1

7224

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TGK -CKUGT UVGJGP X X -TGW\ CWH FTGK 5VWHGP N *GTCENKWU /QPQITCOO &1% C 5GCT 8QT\ÒINKEJ

%QPUVCPU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% L 5GCT -N -TCV\GT UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% QJPG FKGUG 1HHK\KP 5GCT 4 .GKEJVG 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

7226

7225

1,5:1

7227

1,5:1

WPF %QPUVCPVKPWU +8 Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X FCTÒDGT -TGW\ -TGW\ CWH FTGK 5VWHGP &1% L 5GCT -N -TCV\GT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

OKV %QPUVCPVKPWU +8 *GTCENKWU WPF 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU &TGK -CKUGT UVGJGP X X &1% 5GCT 4 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJ

%QPUVCPVKPWU +8 Ô 5GOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO -TGW\ CWH )NQDWU &1% 5GCT 'VYCU (WPFDGNCI DTGKVGT 5EJTÌVNKPI IWVGU UGJT UEJÌP

167


1,5:1

7228

1,5:1

OKV *GTCENKWU WPF 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF 5RGGT 5VWHGPMTGW\ \YKUEJGP \YGK -CKUGTP &1% QJPG FKGUG 1HHK\KP 5GCT /KP 2T·IGUEJY·EJG XQT\ÒINKEJ

7229

7231

7232

7230

7230

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF 5RGGT 5VWHGPMTGW\ \YKUEJGP \YGK -CKUGTP &1% I XCT 5GCT )WVGU UGJT UEJÌP

(QNNKU 5[TCMWU I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU 9GTV \YK UEJGP \YGK 2TKP\GP &1% 5GCT 4 )TÒPG 2CVKPC ªDGTRT·IWPIUURWTGP IWVGU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP \YKUEJGP \YGK 2TKP\GP &1% 1HHK\KP HGJNV 5GCT 5GJT UEJÌP

+WUVKPKCPWU ++ 4GIKGTWPI Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% E 5GCT &TWEMUVGNNG CWH FGO 4GXGTU IWVGU UGJT UEJÌP

1,5:1

7233

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X -CKUGT UVGJV X X OKV -TGW\ CWH FTGK 5VWHGP WPF #MCMKC &1% 5GCT 44 9KP\ -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ &KG GTUVG %JTKUVWUFCTUVGNNWPI CWH GKPGT /ÒP\G

1,5:1

168

1,5:1

.GQPVKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $ÒUVG X X OKV -TQPG #MCMKC WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% C 5GCT 4 5GJT UEJÌP

1,5:1

7234

7235

1,5:1

6KDGTKWU +++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG 5RGGT WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP &1% H 5GCT 4 /KP FG\GPVTKGTV XQT\ÒINKEJ


7236

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV -TQPG 5RGGT WPF 5EJKNF -TGW\ &1% 5GCT 4 /KP IGYGNNV IWVGU UGJT UEJÌP

1,5:1

1,5:1

+WUVKPKCPWU ++ WPF 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV -TGW\ CWH \YGK 5VWHGP &1% C 5GCT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

1,5:1

7237

7238

1,5:1

2JKNKRRKEWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GMTÌPVG $ÒUVG X X KO .QTQU OKV -TGW\INQDWU WPF #FNGT\GRVGT -TGW\ CWH FTGK 5VWHGP &1% K 5GCT 4 (CUV XQT\ÒINKEJ

2JKNKRRKEWU YWTFG GKPKIG /QPCVG XQT FGT 'TOQTFWPI FGU +WUVKPKCPWU ++ KP %JGTUQPGUUQU \WO -CKUGT CWUIGTWHGP 'T YCT GKP #PJ·PIGT FGU /QPQVGNGVKUOWU GKPGT EJTKUVQNQIKUEJGP .GJTG PCEJ FGT %JTKUVWU \YGK 0CVWTGP CDGT PWT GKPGP 9KNNGP JCV &KG 2TQRCIKGTWPI FKGUGT .GJTG FKG CWH FGO -QP\KN XQP %QPUVCPVKPQRQNKU CNU *·TGUKG XGTWTVGKNV YQTFGP YCT DGUEJYQT PGWGP TGNKIKÌUGP 7PHTKGFGP JGTCWH 2CRUV %QPUVCPVKP YGKIGTVG UKEJ FGP PGWGP -CKUGT CP\WGTMGPPGP #O ,WPK YWTFG 2JKNKRRKEWU CDIGUGV\V IGDNGPFGV WPF KPU 'ZKN IGUEJKEMV #O ,CPWCT UVCTD FGT 'ZMCKUGT UGKP )TCD HKPFGV UKEJ KO -NQUVGT &CNOCVQK

1,5:1

7239 1,5:1

#PCUVCUKWU ++ #TVGOKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $ÒUVG X X OKV -TGW\INQDWU WPF #MCMKC -TGW\ CWH FTGK 5VWHGP &1% D 5GCT 44 8QT\ÒINKEJGU 2TCEJVGZGORNCT 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T

1,5:1

7240

1,5:1

.GQ +++ WPF %QPUVCPVKPWU 8 Ô 5QNKFWU %QPUVCPVKPQRQNKU I $GKFGTUGKVU $ÒUVG X X OKV -TGW\INQDWU WPF /CRRC &1% 5GCT /KP IGYGNNV HCUV XQT\ÒINKEJ

169


7241

7242

7243

Ô 5QNKFWU %QPUVCPVKPQRQNKU I $GKFGTUGKVU $ÒUVG X X OKV -TGW\INQDWU WPF /CRRC &1% 5GCT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

%QPUVCPVKPWU 8 WPF .GQ +8 Ô 5QNKFWU 5[TCMWU I $GKFGT $ÒUVGP X X $ÒUVG .GQU +++ X X &1% E 5GCT 4 (CUV XQT\ÒINKEJ

%QPUVCPVKPWU 8+ WPF +TGPG Õ /KNKCTGUKQP %QPUVCPVKPQRQNKU I -TGW\ CWH FTGK 5VWHGP (ÒPH <GKNGP 5EJTKHV &1% 5GCT 4 5GJT UEJÌP

7245

7246

7244

.GQ 8 Õ /KNKCTGUKQP %QPUVCPVKPQRQNKU I -TGW\ CWH FTGK 5VWHGP (ÒPH <GKNGP 5EJTKHV &1% 5GCT -N 4CPFHGJNGT UGJT UEJÌP

$CUKNKWU + WPF %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT 5GJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCT EJGPMTGW\ &1% 5GCT /KP IGYGNNV UGJT UEJÌP

1,5:1

1,5:1

%QPUVCPVKPWU 8++ WPF 4QOCPWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\

7248

7247

7249

7252

7250

7251

4QOCPWU + WPF %JTKUVQRJQTWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT -N &TWEMUVGNNGP IWVGU UGJT UEJÌP

Ô 5QNKFWU %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCT EJGPMTGW\ &1% 5GCT )WVGU UGJT UEJÌP

0KEGRJQTWU ++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVGP FGT /WVVGTIQVVGU WPF FGU -CKUGTU X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT 4 5GJT UEJÌP

,QJCPPGU + Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X /CTKC MTÌPV FGP -CKUGT FGT GKP -TGW\ J·NV QDGP FKG *CPF )QVVGU &1% 5GCT 4 5GJT UEJÌP

Õ /KNKCTGUKQP %QPUVCPVKPQRQNKU I /GFCKNNQPDÒUVG X X CWH -TGW\ 5EJTKHV &1% 5GCT 'VYCU DGUEJPKVVGP UGJT UEJÌP

170


7254

7255

7253

%QPUVCPVKPWU 8+++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF #MCMKC &1% 5GCT 8QT\ÒINKEJ

4QOCPWU +++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X /CTKC MTÌPV -CKUGT &1% 5GCT 8QT\ÒINKEJ

/KEJCGN +8 Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $TWUVDKNF X X OKV .CDCTWO WPF -TGW\INQDWU &1% C 5GCT 5GJT UEJÌPpXQT\ÒINKEJ

7256 1,5:1

1,5:1

%QPUVCPVKPWU +: Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV -TGW\\GRVGT WPF -TGW\INQDWU &1% 5GCT 5VGORGNHTKUEJGU 2TCEJVGZGORNCT

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

7257

7258

7259

7260

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV -TGW\\GRVGT WPF -TGW\INQDWU &1% 5GCT 5VGORGNHTKUEJGU 2TCEJVGZGORNCT

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV -TGW\\GRVGT WPF -TGW\INQDWU &1% 5GCT 5GJT UEJÌP

+UCCEKWU + %QOPGPWU Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV 5EJYGTV &1% 5GCT 5GJT UEJÌP XQT\ÒINKEJ

%QPUVCPVKPWU : Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

171


7262

7261

7263

7264

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT -N &GNNG UGJT UEJÌP

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT (CUV UGJT UEJÌP UGJT UEJÌP

/KEJCGN 8++ Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT 5GJT UEJÌP

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT 5GJT UEJÌP

7265

7266

0KEGRJQTWU +++ 'N *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT 5GJT UEJÌP

,QJCPPGU ++ 'N #URTQP 6TCEJ[ 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT WPF 5V )GQTI UVGJGP X X OKV 2CVTKCTEJGPMTGW\ CWH FTGK 5VWHGP &1% E 5GCT (CUV UGJT UEJÌP

7268

7269

7267

7267

7269

#NGZKQU +++ 'N #URTQP 6TCEJ[ 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT WPF 5V %QPUVCPVKPWU UVGJGP X X OKV .CDCTWO &1% 5GCT # 4 (CUV XQT\ÒINKEJ

/KEJCGN 8+++ Ô *[RGTR[TQP %QPUVCPVKPQRQNKU I /CTKC KP /CWGTTKPI 5KINC XCT -CKUGT WPVGTUVÒV\V XQP 5V /KEJCGN MPKGV T XQT %JTKUVWU $GPFCNN 2TKXCVG %QNNGEVKQP &1% XCT 5GCT 5GJT UEJÌP

0+%#'#

172

6JGQFQTQU + -QOPGPQU .CUMCTKU Õ 6TCEJ[ /CIPGUKC I %JTKUVWU VJTQPV X X -CKUGT OKV 5EJYGTV WPF 5V 6JGQFQT UVGJGP X X WPF JCNVGP 5VGTP\GRVGT &1% 5GCT 8QTFGTUGKVG &QRRGNUEJNCI UGJT UEJÌP XQT\ÒINKEJ


.165

.QV $[\CPVKPGT 'PVJCNVGP UKPF GKP /KNKCTGUKQP FGU ,QJCPPGU + 6\KOKUEGU FTGK (QNNGU W C *GTCENKWU WPF *GTCENKWU %QPUVCPVKPWU /ÒP\UV·VVG 5GNGWEKC +UCWTKCG 5GCT 0WOOK Z UQYKG GKP $TQP\G IGYKEJV \W FTGK 7PEKCG 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

.QV D[\CPVKPKUEJGT )QNFOÒP\GP 'PVJCNVGP UKPF 5QNKFK XQP ,WUVKPWU ++ 5GCT 6KDGTKWU ++ %QP UVCPVKPWU 5GCT *GTCENKWU WPF *GTCENKWU %QPUVCPVKPWU 5GCT Z *GTCENKWU OKV *GTCENKWU %QPUVCPVKPWU WPF *GTCENQPCU 5GCT 5GOKUUGU XQP *GTCENKWU 5GCT %QPUVCPU ++ 5GCT Z 6TGOKUUGU XQP ,WUVKPKCPWU + 5GCT /CWTKEKWU 6KDGTKWU 5GCT *KUVCOGPC XQP %QPUVCPVKPWU : 5GCT /KEJCGN 8++ 5GCT *[RGTRGTC FGU ,QJCPPGU +++ &WMCU 8CVCV\GU XQP 0KMCKC 5GCT Z UQYKG FGU #PFTQPKMQU ++ OKV /KEJCGN +: 5GCT *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVK IGP 5VÒEM /GKUV UGJT UEJÌP

.QV D[\CPVKPKUEJGT $TQP\GOÒP\GP FGU ,CJTJWPFGTVU (QNNGU Z *CNDHQNNGU Z &QFGMC PWOOKC Z 2GPVCPWOOKQP )W­DTQP\GP CWU %JGTUQP Z 6TCEJGC 6GVCTVGTC Z 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

-4'7<(#*4'4

7273 1,5:1

1,5:1

,1*#00+6'4 #7( 4*1&15

*GNKQP FG 8KNNGPGWXG Õ #URGT I )TQ­OGKUVGT MPKGV N XQT 2CVTKCTEJGPMTGW\ -TGW\ /GVECNHw 5EJNWODGTIGT 2N +: 5NI 5NQEWO 8U UVGORGNINGKEJ 44 *GTTNKEJG 2CVKPC IWVGU UGJT UEJÌP

7275

7274

7276

7277

7274

2KGTTG FG %QTPGKNNCP Õ )KINKCVQ I )TQ­OGKUVGT MPKGV N XQT 2CVTKCTEJGPMTGW\ -TGW\ /GVECNHw 5EJNWODGTIGT 2N +: 5NI 5NQEWO 44 (GKPG 2CVKPC UGJT UEJÌP

,GCP $CRVKUVG 1TUKPK <GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTKUVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK XCT 5EJNWODGTIGT 2N : XCT )1.& 44 /KP IGYGNNV UGJT UEJÌP

2KGTTG F #WDWUUQP <GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTKUVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK NGKEJV XCT 5EJNWODGTIGT 2N :+ XCT )1.& 4 .GKEJV IGYGNNV UGJT UEJÌP

2KGTTG F #WDWUUQP MQPPVG FGP GTUVGP #PITKHH FGT 6ÒTMGP WPVGT /GJOGV ++ CWH 4JQFQU CDYGJTGP #PUEJNKGUUGPF NKG­ GT FKG 5VCFVOCWGT TGRCTKGTGP WPF GTPGWGTP

<GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTK UVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK XCT 5EJNWODGTIGT 2N :+ XCT )1.& 4 /KP IGYGNNV UGJT UEJÌP

173


7278

7279

<GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTK UVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC &KG 8QTFGTUGKVGPWOUEJTKHV DGIKPPV OKV ( Û 2' Û &#7$75 510 (D )CODGTKPK XCT 5EJNWODGTIGT 2N :+ XCT )1.& 4 /KP IGYGNNV UGJT UEJÌP

<GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTK UVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK 5EJNWODGTIGT 2N :+ XCT )1.& 4 -QTTQFKGTV UGJT UEJÌP

7280

1,5:1

1,5:1

(CDTKEG FGN %CTTGVVQ <GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTKUVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK XCT 5EJN 2N :+ XCT )1.& 4 8QT\ÒINKEJ

<GEEJKPG PCEJ XGPG\KCPKUEJGO 6[R I &GT )TQ­OGKUVGT MPKGV XQT FGO JGKNKIGP ,QJCPPGU %JTK UVWU XQP 5VGTPGP WOIGDGP UVGJV X X KP /CPFQTNC (D )CODGTKPK XCT 5EJN 2N :+ XCT )1.& 4 8QT\ÒINKEJ

7281

14+'06#.+5%*' /ª0<'0

7282

7283

7284

-75*#0

8CUWFGXC + Ô 5VCVGT 2GUJCYCT I -ÌPKI UVGJV N OKV &TGK\CEM XQT #NVCT 5JKXC OKV 5VKGT N )ÌDN 5GJT UEJÌP

8CUWFGXC ++ Ô 5VCVGT -CDWN I -ÌPKI UVGJV N OKV &TGK\CEM XQT #NVCT 1GUJQ UVGJV N XQT $WEMGNUVKGT )ÌDN HH 8QT\ÒINKEJ

:QFGUJCJ WO Ô 5VCVGT -CDWN I -ÌPKI UVGJV N OKV &TGK\CEM XQT #NVCT FCTÒDGT &TGK\CEM 5JKXC WPF 5VKGT N )ÌDN 44 8QT\ÒINKEJ

:QFGUJCJ KUV MGKP 0COG UQPFGTP GKP 6KVGN *GTT -ÌPKI &GT GKIGPVNKEJG 0COG FGU 7UWTRCVQTU FGT IGIGP 8CUWFGXC ++ TGDGNNKGTVG KUV WPDGMCPPV

174


7285

7286

7287

7288

8CUWFGXC +++ PCEJ Ô 5VCVGT 2GUJCYCT I -ÌPKI UVGJV N OKV &TGK\CEM XQT #NVCT #T FQMUJQ UKV\V X X )ÌDN (CUV XQT\ÒINKEJ

/CKQTGU &QOWU Ô 5VCVGT I -ÌPKI UVGJV N OKV &TGK\CEM XQT #NVCT #TFQMUJQ UKV\V X X )ÌDN 5GJT UEJÌP XQT\ÒINKEJ

'N 5VCVGT PCEJ I -ÌPKI UVGJV X X )ÌVVKP #TFQMUJQ OKV (ÒNNJQTP VJTQPV X X )ÌDN 5GJT UEJÌP

)726# +0 +0&+'0

%JCPFTCIWRVC ++ Ô 5VCVGT I -ÌPKI UVGJV N OKV 2HGKN WPF $QIGP N )CTWFC 5VCPFCTVG .CMUJOK VJTQPV X X #NVGMCT XGTIN 2N +8 /KVEJKPGT 5GJT UEJÌP

7289

7290

7291

7292

7293

-+&#4+6'0 +0 +0&+'0

-KFCTC PCEJ Ô 5VCVGT 6CZKNC I -ÌPKI UVGJV X X )ÌVVKP #TFQMUJQ VJTQPV X X )ÌDN )WVGU UGJT UEJÌP

#PQP[O Ô 5VCVGT ,CJTJWPFGTV P %JT /ÒP\UV·VVG KP -CUEJOKT I -ÌPKI UVGJV X X )ÌVVKP #TFQMUJQ VJTQPV X X )ÌDN 6H 44 8QT\ÒINKEJ

.7 .7 +&'0 810 /157.

$CFT CF FKP .W NW Ô &KPCT ,CJT PKEJV NGUDCT CN /CYUKN I -C\CP %QNN 5GJT UEJÌP

;COKP CF FCYNC /CJOWF Ô &KPCT #* 0KUJCRWT I -C\CP %QNN .GKEJV IGYGNNV UGJT UEJÌP

/CUyWF KDP /CJOWF Ô &KPCT #* )JC\PC I 50# 6ÒDKPIGP :+8 F XCT 5EJTÌVNKPIUTK­ UGJT UEJÌP

)*#<0#9+&'0 175


LITERATURVERZEICHNIS Alföldi Alföldi Alram Alvarez-Burgos AMNG Arnold-Biucchi

van Arsdell Ashton Ashton/Weiss Atlan v. Aulock

Bab. Babelon, Traité Bahrf. Balcer Baldus Baldwin

Balog Banti Barron Bastien

= = = = = = = = = = = = = = = = = = = = = = =

Bendall Bérend

= = = = = = = = = = = =

Betlyon

=

Bickford-Smith

=

Bloesch

=

Bauslaugh Bedoukian Bellinger

Blum BN Bact. BMC

Bodenstedt Boehringer Bopearachchi Burgos Burnett

Buttrey Cahn

Cahn/Gerin Calciati

= = = = = = = = = = = = = = = = = = =

Calico Caltabiano Castelin

= = = = = =

Coh.

= =

Alföldi, A.: Studien zur Geschichte der Weltkrise des 3. Jahrhunderts nach Christus. Darmstadt 1967. Alföldi, A. und Alföldi, E.: Die Kontorniat-Medaillons. Berlin 1976-1990. Alföldi, Maria R.-: Bild und Bildersprache der römischen Kaiser. Mainz 1999. Alram, M.: Iranisches Personennamenbuch Band IV. Nomina propria iranica in nummis. Wien 1986. Alvarez-Burgos, F.: La Moneda Hispanica desde sus origines hasta el Siglo V. Madrid 1987. Imhoof-Blumer (Herausgeber): Die antiken Münzen Nordgriechenlands. 4 Bände, Berlin 1898-1935. Arnold-Biucchi, C., The Randazzo Hoard 1980 and Sicilian Chronology in the early fifth Century B.C. ANS NS 18, New York 1990. -: La monetazione d’argento di Himera classica, in: Quaderni Ticinesi XVII (1988), S. 85-100. van Arsdell, R. D.: Celtic coinage of Britain. London 1989. Ashton, R. H. J.: A series of pseudo-Rhodian drachms from Mainland Greece, in: NC 1988, S. 21-32. -: The pseudo-Rhodian drachms of Mylasa, in: NC 1992, S. 1-39. Ashton, R. H. J. und Weiss, A.-P. C., The Post-Plinthophoric Silver Drachms of Rhodes, in: NC 1997, S. 1-40. Atlan, S.: Untersuchungen über die sidetischen Münzen des V. und IV. Jahrhunderts v. Chr. Ankara 1967. v. Aulock, H.: Münzen und Städte Lykaoniens. Tübingen 1976. -: Münzen und Städte Pisidiens. 2 Bände. Tübingen 1977. -: Kleinasiatische Münzstätten VI-VII, in: JbNum 20 (1970), S. 151-159. Babelon, E.: Monnaies Consulaires. Paris 1885 f. -: Traité des monnaies grecques et romaines. Paris 1901 ff. Bahrfeldt, M. von: Die römische Goldmünzenprägung. Halle 1923. Balcer, J. M.: The early silver coinage of Teos, in: SNR 42 (1968), S. 5-50. Baldus, H. R.: MON(eta) URB(is) - ANTIOXIA. Frankfurt/Main 1969. Baldwin, Agnes, The Electrum Coinage of Lampsakos. New York 1914. -: The Electrum and Silver Coins of Chios, issued during the sixth, fifth anf fourth Centuries, B.C., in: American Journal of Numismatics, 48 (1914), S. 1-60. Balog, P.: The Coinage of the Mamluk Sultans of Egypt and Syria. New York 1964. Banti, A.: Corpus Nummorum Romanorum. Monetazione Republicana. Firenze 11980 ff. Barron, J. P.: The Silver Coins of Samos. London 1966. Bastien, P.: Le Monnayage de Bronze de Postume. Wetteren 1967. -: Imitations of Roman Bronze Coins, A.D. 318-363, in: ANSMN 30 (1985), S. 143-177. Bauslaugh, R. A.: Silver Coinage with the Types of Aesillas the Quaestor. New York 2000. Bedoukian, P. D.: Coinage of Cilician Armenia. Danbury 1979. Bellinger, A. R.: The Syrian tetradrachms of Caracalla and Macrinus. New York 1940. -: The first Civic Tetradrachms of Ilium, in: ANSMN VIII (1958), S. 11-24. -: Troy, The Coins. Princeton 1961. Bendall, S. : A private collection of Palaeologan coins. Wolverhampton 1988. Bérend, D.: Les tétradrachmes de Rhodes de la première période, 1re partie, in: Schweizerische Numismatische Rundschau 51 (1972), S. 5-39. Betlyon, J. W.: A New Chronology for the Pre-Alexandrine Coinage of Sidon, in: ANSMN 21 (1976), S. 11-35. Bickford-Smith, R. A.: The imperial mints in the east for Septimius Severus: it is time to begin a thorough reconsideration, in: RIN XCVI (1994/1995), S. 53-71. Bloesch, H., Tetradrachms of Aegae, in: Mørkholm/Waggoner (Hrsg.), Greek Numismatics and Archaeology: Essays in Honor of Margaret Thompson, Wetteren 1979, S. 1-7. -: Hellenistic Coins of Aegae (Cilicia), in: ANSMN 27 (1982), S. 53-96. Blum, G.: Numismatique d’Antinoos, in: JIAN XVI (1914), S. 33-70. Bopearachchi, O.: Monnaies Gréco-Bactriennes et Indo-Greeks. Paris 1991. Catalogue of Greek Coins in the British Museum. London 1873-1927. Coins of the Roman Republic in the British Museum. London 1910. Coins of the Roman Empire in the British Museum. London 1923 ff. (soweit erschienen 2. Auflage). Catalogue of the Imperial Byzantine Coins in the British Museum. London 1908. Catalogue of Oriental Coins in the British Museum. London 1875 ff. Bodenstedt, Fr.: Die Elektronmünzen von Phokaia und Mytilene. Tübingen 1981. Boehringer, Chr.: Zur Chronologie mittelhellenistischer Münzserien 220-160 v. Chr. Berlin 1972. Boehringer, E.: Die Münzen von Syrakus. Berlin 1929. Bopearachchi, O./Pieper, W.: Ancient Indian Coins. Turnhout 1998. Burgos, F. A.: La moneda Hispanica desde sus orígenes hasta el siglo V. Madrid 1987. Burnett, A.: The Enna Hoard and the Silver Coinage of the Syracusan Democracy, in: Schweizerische Numismatische Rundschau 62 (1983), S. 5-46. -: The Coinage of Allectus, in: BJN 54 (1984), S. 21-40. Buttrey, T. V.: The Spintriae as Historical Sources, in: NC 1973, S. 52-63. Cahn, H. A.: Die Münzen der sizilischen Stadt Naxos. Basel 1944. -: Knidos. Die Münzen des sechsten und fünften Jahrhunderts v. Chr. Berlin 1970. -: Zwei griechische Miszellen, in: Margolis/Voegtli (Hrsg.), Numismatics-Witness to History, Wetteren 1986, S. 11-14. Cahn, H. A. und Gerin, D.: Themistokles at Magnesia, in NC 1988, S. 13-20. Calciati, R.: Corpus Nummorum Siculorum. La Monetazione di Bronzo, 1983 ff. -: Pegasi. Mortara 1990. Calico, X.: The Roman Aurei. 2 Bände. Barcelona 2003. Caltabiano, M. C.: La Monetazione di Messana. Berlin 1993. Castelin, K.: Keltische Münzen. Katalog der Sammlung des Schweizerischen Landesmuseums Zürich. Bern 1985. -: Die Goldprägung der Kelten in den böhmischen Ländern. Graz 1965. Cohen, H.: Medailles imperiales, 2. Auflage. Paris/London 1880 ff.


Coleiro Crawf. Curtis Dattari Dattari/Savio De Callataÿ

= = = = = =

Delestrée

=

Delestrée/Tache

=

Dembski Depeyrot

= =

Deppert-Lippitz Desneux Dittrich DOC

= = = =

Edhem Elmer

= =

Emmet Fb. Fischer-Bossert

= = =

Forrer Franke Franke/Hirmer Franke/Nollé v. Fritze

= = = = =

Frolova Furtwängler

= = =

Gaebler Gallatin Gamberini Geissen

= = = =

Gielow Gilljam Gnecchi Göbl

= = = = = = = = =

Grierson/Blackburn Grose/McClean Grunauervon Hoerschelmann Gutmann/Schwabacher Hahn

= =

Hahn/Luegmeyer Hardwick

= = = = =

Hazard Head van Heesch

= = =

Heipp-Tamer Hendy Herrmann Hersh

= = = = =

Herzfelder Holloway-Jenkins Hopper

= = =

Houghton

=

Coleiro, E.: Maltese Coins of the Roman Period, in: NC 1971, S. 67-91. Crawford, M. H.: Roman Republican Coinage. Cambridge 1974. Curtis, J. W.: The Tetradrachms of Roman Egypt. Chicago 1969. Dattari, G.: Monete imperiali greche. Kairo 1901. Savio, A.: Catalogo completo della collezione Dattari. Triest 1999. de Callataÿ, F.: Les monnaies hellénistiques en argent de Ténédos, in: Ashton/Hurter (Hrsg.), Studies in Greek Numismatics in Memory of Martin Jessop Price, London 1998. -: L’Histoire des Guerres Mithridatiques vue par les Monnaies. Louvain-la-Neuve 1997. Delestrée, L.-P., Le Correcte de la Légende du Bronze Gaulois aux «Tria nomina», in : Cahiers Numismatique. Bull. de la S.E.N.A. 105, September 2005. Delestrée, L.-P./Tache, M.: Nouvel Atlas de Monnaies Gauloises. Vol. I und II. Saint-Germain-en-Laye 2002-2004. Dembski, G.: Münzen der Kelten. Wien 1998. Depeyrot, G.: Le monnaies d´or de Dioclétien à Constantin I (284-337). Wetteren 1995. -: Le monnaies d´or de Constantin II a Zenon (337-491). Wetteren 1996. -: Les monnaies hellènistique de Marseille, Wetteren 1999. Deppert-Lippitz, B.: Die Münzprägung Milets vom vierten bis ersten Jahrhundert v. Chr. Aarau 1984. Desneux, J.: Le tetradrachmes d`Akanthos, in: Revue belge de numismatique 95 (1949), S. 5-122. Dittrich, K.: Antike Münzen aus Olbia und Pantikapäum. Prag 1959. Bellinger, A. R., Grierson, Ph. und Hendy, M. F.: Catalogue of the Byzantine Coins in the Dumbarton Oaks Collection. Washington 1966 ff. Edhem, Ghalib I.: Cataloque des Monnaies Turcomanes. Istanbul 1894. Elmer, G.: Die Münzprägung der gallischen Kaiser in Köln, Trier und Mailand. Sonderdruck aus Bonner Jahrbücher 146, 1941. Emmet, K.: Alexandrian Coins. Lodi 2001. Friedberg, R.: Gold Coins of the World. 6. Auflage. New York 1991. Fischer-Bossert, W.: Chonologie der Didrachmenprägung von Tarent. Berlin 1999. -: Die Lysimacheier des Skostokos, in: RBN CLI (2005), S. 49-74, Pl. III-VIII. Forrer, R.: Keltische Numismatik der Rhein- und Donaulande. Straßburg 1908. Franke, P. R.: Die antiken Münzen von Epirus. Wiesbaden 1961. Franke, P. R. und Hirmer, M.: Die Griechische Münze. München 1964. Franke, P. R. und Nollé, M. K.: Die Homonoia-Münzen Kleinasiens. Saarbrücken 1997. Fritze, H. von: Die vorkaiserlichen Münzen von Adramytion, in: Nomisma V (1910), S. 10-24. -: Die Elektronprägung von Kyzikos, in: Nomisma VII (1912). -: Die Silberprägung von Kyzikos, in: Nomisma IX (1914). Frolova, N. A.: The Coinage of the Kingdom of Bosporus. Oxford 1979. Furtwängler, A. E., Monnaies grecques en Gaule. Le trésor d’Auriol et le monnayage de Massalia 525/520-460 av. J.-C. Fribourg 1978. Gaebler, H. Die Silberprägung von Lampsakos, in: Nomisma XII (1923), S. 1-33. Gallatin, A.: Syracusan dekadrachms of the Euainetos type. Cambridge 1930. Gamberini, C.: Le Imitazioni e la Contraffazioni Monetarie nel Mondo. Bologna 1971. Geissen, A.: Katalog Alexandrinischer Kaisermünzen der Sammlung des Instituts für Altertumskunde der Universität Köln. Opladen 1974 ff. Gielow, H. E.: Die Silberprägung von Dankle-Messana (Ca. 515-396 v. Chr.), in: MBNG 48 (1930), S. 1-54. Gilljam, H. H.: Antoniniani und Aurei des Ulpius Cornelius Laelianus. Köln 1982. Gnecchi, F.: I Medaglioni Romani. Milano 1912. Göbl, R.: Ostkeltischer Typenatlas. Braunschweig 1968. -: Typologie und Chronologie der keltischen Münzprägung in Noricum. Wien 1973. -: Münzprägung des Kusanreiches. Wien 1984. -: Sasanidische Numismatik. Braunschweig 1968. Grierson, P. und Blackburn, M.: Medieval European Coinage. Cambridge 1986. Grose, S. W.: Catalogue of the McClean Collection of Greek Coins. Cambridge 1923 ff. Grunauer-von Hoerschelmann, S.: Die Münzprägung der Lakedaimonier. Berlin 1978. Gutmann, F. und Schwabacher, W.: Die Tetradrachmen- und Didrachmenprägung von Himera (472-409 v. Chr.), in: MBNG 47 (1929), S. 101-144. -: Die Ostprägung des römischen Reiches im 5. Jahrhundert. Wien 1989. -: Moneta imperii byzantini. Wien 1973 ff. -: Money of the incipient Byzantine Empire. Wien 2000. Hahn, W. und Luegmeyer, A.: Der langobardenzeitliche Münzschatzfund von Aldrans in Tirol, Wien 1992. Hardwick, N.: The Coinage of Chios from the VIth to the IVth Century B.C., in: Hackens (Hrsg.), Proceedings of the 11th international Numismatic Congress, September 8-13, 1991, Volume I, Louvain-LaNeuve 1993, S. 211-222. Hazard, H. W.: The Numismatic History of late medieval north Africa. New York 1952. Head, B. V.: On the Chronological Sequence of the Coins of Ephesus, in: NC 1880, S. 85-173. Heesch, J. van: Une représentation remarquable des quatre saisons sur semisses de l’epoque antoninienne, in: Scheers, S. (Hrsg.), Studio Paulo Naster Oblata I. Numismatica Antiqua, Leuven 1982, S. 193-196. -: The Last Civic Coinages and the religious Policy of Maximinus Daza (AD 312), in: NC 1993, S. 65-75. Heipp-Tamer, C.: Die Münzprägung der lykischen Stadt Phaselis in griechischer Zeit. Saarbrücken 1993. Hendy, M. F.: Coinage and money in the Byzantine Empire 1081-1261. Washington 1969. Herrmann, F. Die Silbermünzen von Larissa in Thessalien, in: ZfN 35 (1924). Hersh, C. A.: Additions and Corrections to Martin J. Price`s “The Coinage in the name of Alexander the Great and Philip Arrhidaeus”, in: Ashton/Hurter (Hrsg.): Studies in Greek Numismatics in memory of Martin Jessop Price. London 1998, S. 135-144. Herzfelder, H.: Les monnaies d' argent de Rhegion. Paris 1957. Holloway, R. R. und Jenkins, G. K.: Terina. Bellinzona 1983. Hopper, R. J.: Observations on the Wappenmünzen, in: Kraay/Jenkins (Hrsg.), Essays in Greek Coinage Presented to Stanley Robinson. Oxford 1968, S. 16-39. Houghton, A.: Coins of the Seleucid Empire from the collection of Arthur Houghton. New York 1983.


Houghton

=

Houghton/Lorber Howgego Hurter

= = = = =

Ierardi Imhoof-Blumer

Jenkins

= = = = = = =

=

Jenkins/Lewis Johnston

= =

Jones

=

Jongkees Jurukova

= =

Kadman von Kaenel Kampmann Karbach Karwiese Kazan Coll. Kellner Kinns

= = = = = = = =

Klein Kleiner/Noë Klose Konuk

= = = =

Kostial Kraay

= = = = = = = = = = = = = = =

Kraus Kritt Krzyzanowska La Tour Lacam Lambros Lavva Lederer Le Rider Lindgren Coll.

Lorber LPC Lukanc MacDonald Maier Malloy Mamroth Martin Mavrogordato May

Mazard Merker

= = = = = = = = = = = = = = =

Meshorer

=

-: The Royal Seleucid Mint of Seleucia on the Calycadnus, in: Le Rider/Jenkins/Waggoner/Westermark (Hrsg.), Kraay-Mørkholm Essays, Louvain-la-Neuve 1989, S. 77-98. Houghton, A./Lorber, C.: Seleucid Coins. Lancaster 2002. Howgego, C. J. Greek Imperial countermarks. London 1985. Hurter, S.: 42 Tetradrachmen von Klazomenai. Ein Fundbericht, in: Schweizerische Numismatische Rundschau XLV (1966), S. 26-50. -: Der Tissaphernes-Fund, in: Mørkholm/Waggoner (Hrsg.), Greek Numismatics and Archaeology: Essays in Honor of Margaret Thompson, Wetteren 1979, S. 97-108. -: Lions and lionesses, eagles and a few heads: a new uncertain mint in Caria, in: Burnett/Wartenberg/Witschonke (Hrsg.), Coins of Macedonia and Rome: Essays in Honour of Charles Hersh, London 1998, S. 109-117. -: A New Lycian Coin Type: Kherei, Not Kuperlis, in: Israel Numismatic Journal 14 (2000-2002), S. 15-18. Ierardi, M.: Tetradrachms of Agathokles of Syracuse, in: AJN 7-8 (1995-1996), S. 1-73. Imhoof-Blumer, F.:Die Münzen Akarnaniens, in: NZ 1878, S. 1-180. -: Griechische Münzen. München 1890. -: Lydische Stadtmünzen. Genf 1897. -: Kleinasiatische Münzen. 2 Bände. Wien 1901-1902. Jenkins, G. K.: Electrum Coinage at Syracuse, in: Kraay/Jenkins (Hrsg.), Essays in Greek Coinage presented to Stanley Robinson, Oxford 1968, S. 145-162. -:The Coinage of Gela. Berlin 1969. -: Himera: The Coins of Akragantine Type, in: La Monetazione Arcaica di Himera Fino al 472 A.C. Atti del II Convegno del Centro Internazionale di Studi Numismatici – Napoli 15-19 Aprile 1969. Rom 1971, S. 21-36. -: The Coins of Punic Sicily. Zürich 1997. Jenkins, G. K./Lewis, R. B.: Carthaginian Gold and Electrum Coins. London 1963. Johnston, A.: The bronze coinage of Metapontum, in: Kraay-Mørkholm Essays, Louvain-la-Neuve 1989, S. 121-136. Jones, N. F.: The Autonomous Wreathed Tetradrachms of Magnesia On-Maeander, in: ANSMN 24 (1979), S. 63-109. Jongkees, J. H.: The Kimonian Dekadrachms. Utrecht 1941. Jurukova, J.: Die Münzprägung von Bizye. Berlin 1981. -: Die Münzprägung von Deultum. Berlin 1973. Corpus Nummorum Palaestinensium. 4 Bände. Jerusalem 1956-1961. Kaenel, H.-M. von: Münzprägung und Münzbildnis des Claudius, Berlin 1986. Kampmann, U.: Die Homonoia-Verbindungen der Stadt Pergamon. Saarbrücken 1996. Karbach, F.-B.: Die Münzprägung von Eirenopolis in Ostkilikien, in: JbNum 42/43 (1992/93), S. 83-145. Karwiese, S.: Die Münzprägung von Ephesos. Wien 1995. Kazan, W. The Coinage of Islam. Collection of William Kazan. Beirut 1983. Kellner, H. J.: Die Münzfunde von Manching und die keltischen Fundmünzen aus Südbayern. Stuttgart 1990. Kinns, P.: CH 8, 474: Milesian Silver Coinage in the second century BC, in: Ashton/Hurter (Hrsg.), Studies in Greek Numismatics in memory of Martin Jessop Price, London 1998, S. 175-195. Klein, D.: Sammlung von griechischen Kleinsilbermünzen und Bronzen. Milano 1999. Kleiner, F. S. und Noë, S. P.: The early Cistophoric Coinage. New York 1977. 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Martin, P.-H.: Die anonymen Münzen des Jahres 68 nach Christus. Mainz 1974. Mavrogordato, J. A.: A Chronological Arrangement of the Coins of Chios, Parts 1-4, in: NC 1915-1918. May, J. M. F. The coinage of Abdera (540-345 B.C.). London 1966. -: Ainos. Its history and coinage. London 1950. -: The Coinage of Dikaia-by-Abdera, c 540/35-476/5 B.C., in: NC 1965, S. 1-25. -: The coinage of Damastion. Oxford 1939. Mazard, J.: Corpus nummorum Numidiae Mauretanique. Paris 1955. Merker, I. L.: The Silver Coinage of Antigonos Gonatas and Antigonos Doson, in ANSMN IX (1960), S. 39-52. Meshorer, Y.: Nabataean Coins. Jerusalem 1975.


Meshorer

Mionnet

= = = = = = = = = = = = = = = = =

MIR

=

Meshorer/Qedar Metcalf Metcalf² Metlich Milbank Mildenberg

Mildenberg/Hurter Miles Milne

Mitchiner Mittag Mlasowsky de Morgan Mørkholm

Mørkholm/Kromann Moushmov Moustaka Müller Münsterberg Müseler Munro-Hay Naville Newell

Nicolet-Pierre

= = = = = = = = = = = = = = = = = = = = = = = = = =

Nicolet-Pierre/Amandry = Noë Noë/Johnston Noeske Oakley Paeonian Hoard Papageorgiadou-Banis Paruck Paschalis Pfeiler

= = = = = = = = = =

Paulsen Picard

= =

Price

=

Price/Trell Price/Waggoner Prieur

= = = =

Ravel Raymond Retowski RIC Rizzo Robertson

= = = = = = =

-: Ancient Jewish Coinage. Vol. I und II. New York 1982. -: A Treasury of Jewish Coins. Jerusalem 2001. Meshorer, Y. und Qedar, S.: Samarian Coinage. Jerusalem 1999. Metcalf, W. E.: The Cistophori of Hadrian. New York 1980. Metcalf, D. M.: Coinage of the Crusades and the Latin East. 2. Auflage. London 1995. Metlich, M. A.: The Coinage of Ostrogothic Italy. London 2004. Milbank, S. R.: The Coinage of Aegina. New York 1925. Mildenberg, L.: The Coinage of the Bar Kokhba War. Aarau 1984. -: Money Supply under Artaxerxes III Ochus, in: Ashton/Hurter (Hrsg.), Studies in Greek Numismatics in Memory of Martin Jessop Price, London 1998, S. 277-286. -: Vestigia Leonis, Göttingen 1998. Mildenberg, L. und Hurter, S. The Arthur S. Dewing Collection of Greek Coins. New York 1985. Miles, G. C.: The Coinage of the Visigoths of Spain. New York 1952. -: The Coinage of the Umayyads of Spain. 2 Bände. New York 1950. Milne, J. G.: Catalogue of Alexandrian Coins. Oxford 1971. -: Kolophon and its Coinage. 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London 1947. Raymond, D.: Macedonian Regal Coinage to 413 B. C. New York 1953. Retowski, O. Die Münzen der Komnenen von Trapezunt. Braunschweig 1974². Mattingly, H. and Sydenham, E. A.: The Roman Imperial Coinage Vol. I-X. London 1923 ff. Rizzo, G. M.: Monete Grecche della Sicilia. Rom 1946. Robertson, A. S.: Roman imperial coins in the Hunterian Coin Cabinet, University of Glasgow. Vol. I-V. London 1962 ff.


Robinson

=

RPC Russo

= =

Rutter

= = = = = = = = = = = = = = = = =

Ruzicka Sacks Sambon Scheers Scheu

Schlumb. Schönert-Geiss Schulten Schwabacher

Sear

Senior/MacDonald

= = = = = = = = = =

Seyrig

=

Shore Simonetta Sjöqvist

= = = =

Sellwood Seltman

Senior

Slg. Bally-Herzog Slg. BCD

Slg. Jameson Slg. Pangerl Slg. Pozzi Slg. Schledehaus

= = = = = = = =

Slg. Slocum Slg. Trau

= =

SNA Tübingen SNG ANS

= =

SNG Ashmolean SNG v. Aulock SNG Berry SNG BM SNG Cop. SNG Delepierre SNG Evelpidis SNG Fitzwilliam SNG France SNG Kayhan SNG Keckman SNG Levante SNG Lloyd SNG Lockett SNG Milano SNG Morcom SNG München SNG Pfalz SNG Righetti SNG Spaer SNG Tübingen Spaer

= = = = = = = = = = = = = = = = = = = = = =

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Silver and gold coins of the Bruttians, in: NC 1962, S. 43-63. Schlumberger, G.: Numismatique de l' Orient latin. Paris 1878. Schönert-Geiss, E.: Die Münzprägung von Byzantion. 2 Bände, Berlin und Amsterdam 1970 und 1972. -: Die Münzprägungen von Maroneia. Berlin 1987. Schulten, P. N.: Die römische Münzstätte Trier. Frankfurt 1974. -: Die Typologie der römischen Konsekrationsprägungen. Frankfurt 1979. Schwabacher, W.: Die Tetradrachmenprägung von Selinunt, in: MBNG XLIII (1925), S. 1-89. -: Lycian Coin Portraits, in: Kraay/Jenkins (Hrsg.), Essays in Greek Coinage presented to Stanley Robinson, Oxford 1968, S. 111-124. Sear, D. R.: Byzantine Coins and their Values. London 1974. -: Greek Imperial Coins. London 1972. -: The History and Coinage of the Roman Imperators. London 1998. Sellwood, D.: An Introduction to the Coinage of Parthia. London 1971. Seltman, C. T.: Athens. Its History and Coinage before the Persian Invasion. Cambridge 1924. -: The Temple Coins of Olympia. Cambridge 1921. -: The Engravers of the Akragantine Decadrachms, in: NC 1948, S. 1-10. Senior, R.: From Gondophares to Kanishka. Glastonbury 1997. -: Indo-Scythian Coins and History. 3 Bände. London 2001. Senior, R. C./MacDonald, D.: The decline of the Indo-Greeks. A re-appraisal of the chronology from the time of Menander to that of Azes. Athen 1998. Seyrig, H.: Monnaies Hellénistiques, in: RN 1963, S. 1-64. -: Monnaies hellénistiques de Byzance et de Chalcédoine, in: Kraay/Jenkins (Hrsg.), Essays in Greek Numismatics presented to Stanley Robinson, Oxford 1968, S. 183-200. Shore, F. B.: Parthian Coins & History. Quarryville 1993. Simonetta, B.: The Coins of the Cappadocian Kings. Fribourg 1977. Sjöqvist, E.: Numismatic Notes from Morgantina I. The SIKELIWTAN Coinage, in: ANSMN IX (1960), S. 53-63. Sammlung Arthur Bally-Herzog. Auktion Münzen und Medaillen AG 93, Basel 2003. Münzen von Korinth. Sammlung BCD. Auktion Lanz 105, München 2001. Münzen von Euboia. Sammlung BCD. Auktion Lanz 111, München 2002. Sammlung BCD. Auktion Leu 90, Zürich 2004. Collection R. Jameson. Tome I-III. Paris 1913-1924. Martini, R.: Collezione Pangerl. Contromarche Imperiali Romane (Augustus-Vespasianus). Milano 2003. Catalogue des Monnaies Greques antiques, Auktion Kat. Naville + Cie. I, Genf 1920. Savio, A.: Katalog der alexandrinischen Münzen der Sammlung Dr. Christian Friedrich August Schledehaus im Kulturgeschichtlichen Museum Osnabrück. Bramsche 1997. The John J. Slocum Collection of Coins of the Crusades, Auktion Sotheby’s LN 7145, London 1997. Sammlung Franz Trau. Münzen der römischen Kaiser. Auktion Gilhofer & Ranschburg/Adolph Hess A. G. vom 22. Mai 1935. Ilisch, L.: Sylloge Nummorum Arabicorum. Palestina IV. Tübingen 1993. Sylloge Nummorum Graecorum. The Collection of the American Numismatic Society. New York 1961 ff. -: Ashmolean Museum, Oxford. London 1976 ff. -: Sammlung v. Aulock, Deutschland. Berlin 1957-1968. -: The Burton Y. Berry Collection. New York 1961 ff. -: The British Museum. London 1993. -: The Royal Collection of Coins and Medals, Danish National Museum. Copenhagen 1942-1979. -: Bibliothèque Nationale, Collection Jean et Marie Delepierre. Paris 1983. -: Collection Rena H. Evelpidis, Athenes. Louvain 1970 ff. -: Fitzwilliam Museum, Leake and General Collection. London 1940 ff. -: Bibliothèque Nationale, Cabinet des Medailles. Paris 1993 ff. -: The Muharrem Kayhan Collection. Istanbul 2002. -: The Erkki Keckman Collection in the Skopbank, Helsinki. Helsinki 1994. -: Switzerland I, Levante-Cilicia. Bern 1986 ff. -: The Lloyd Collection. London 1933. -: The Lockett Collection. London 1938 ff. -: Civiche Raccolte Numismatiche. Milano 1988 ff. -: The John Morcom Collection of Western Greek bronze Coins. Oxford 1995. -: Staatliche Münzsammlung München. Berlin 1968 ff. -: Pfälzer Privatsammlungen. München 1993 ff. -: Katalog der Sammlung Jean-Pierre Righetti im Bernischen Historischen Museum. Bern 1993. -: The Arnold Spaer collection of Seleucid coins. Jerusalem 1998. -: Münzsammlung der Universität Tübingen. Berlin 1981 ff. -: Spaer, A.: More on the ‘Ptolemaic’ Coins of Aradus, in: Le Rider/Jenkins/Waggoner/Westermark (Hrsg.), Kraay-Mørkholm Essays, Louvain-la-Neuve 1989, S. 267-273.


Spijkerman S./S. Starr Stumpf

= = = =

Sutherland Svoronos

= = = = = = = = =

Syd. Taylor Thompson

= =

Touratsoglou Traeger Troxell

= = = = = =

Tudeer

=

Tziambazis Vecchi Vismara Vogt

= = = = =

Waddington

=

Waggoner

= = =

Wallace Weber Coll. Weidauer Weiser

= = = = =

Westermark Westermark/Jenkins Williams

Work Wruck Youroukova Ziegaus Zoega Zschucke

= = = = = = = = = = = = =

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STICHWORTVERZEICHNIS GENERALINDEX A Abgar X. 6960 Acarnania 6185-6187 Achämeniden 6334 Achaia 6215 Aegina 6205-6208 Aegyptus 6341-6350, 6521, 6570, 6619, 6620, 6708, 6725, 6731, 6732, 6739, 6740, 6767-6769, 6838, 6959, 6995 Aelia Flaccilla 7106 Aelius 6738 Aemilianus 6982, 6983 Aeolis 6236-6238 Aes grave 6024, 6029, 6375, 6377, 6382-6384 Aesillas 6174 Agathokles 6097-6101 Agrippa 6557, 6558, 6584, 6585 Agrippina filia 6579, 6599 Agrippina mater 6586, 6587, 6598 Aigai (Aeolis) 6236 Aigai (Macedonia) 6134 Aitnai 6069 Akragas 6070-6072 Allectus 7037-7040 Alexios III. 7267 Anaxilas 6065 Agyrion 6068 Alexander I. (Macedonia) 6139 Alexander I. (Syria) 6312 Alexander III. 6149-6159 Alexandreier 6116, 6149-6153, 6155-6159, 6232, 6241 Alexandria 6341-6344, 6346, 6347, 6349, 6350, 6521, 6570, 6619, 6620, 6708, 6731, 6732, 6739, 6740, 67676769, 6838, 6959, 6995, 7074 Alexandria Troas 6307 Alexandriner 6570, 6619, 6620, 6708, 6731, 6732, 6739, 6740, 6767-6769, 6838, 6959, 6995 Alyattes 6269-6273 Ambianum 7084 Amisus 6222 Amphipolis 6126, 6135, 6141, 6145-6148, 6153, 6157, 6158 Anaktorion 6185 Anastasius I. 7178-7181 Anastasius II. Artemius 7239 Anazarbos 6710 Anthemius 7137 Antigonos Doson 6166, 6167 Antigonos Gonatas 6165 Antinous 6739, 6740 Antiochia 6308, 6310, 6311, 6314-6321, 6510, 6555, 6870, 6905-6908, 6919, 6977, 6979, 7016, 7032, 7051, 7086, 7088, 7090, 7094, 7095, 7100, 7103, 7205, 7206 Antiochos I. 6301, 6302 Antiochos II. 6303, 6336 Antiochos III. 6308, 6309 Antiochos IV. 6310 Antiochos VII. 6314 Antiochos VIII. 6316 Antiochos IX. 6317 Antiochos Hierax 6307 Antonia 6597 Antoninus I. Pius 6741-6789, 6803 Antoninus II. Marcus Aurelius 6780-6817, 6821, 6839, 6840 Antoninus III. Caracalla 6864, 6865, 6871-6889 Antoninus IV. Elagabal 6903-6924 Aquileia 7066, 7075, 7085, 7102, 7104, 7115 Aquilia Severa 6921, 6922

182

Arabia 6696 Arabia felix 6330 Arados 6149, 6322 Arcadius 7110-7112 Archelaos I. 6140 Armenia 6510, 6521, 6793, 6794 Arsinoë II. 6344-6346, 6349 Aspendos 6283-6285 Astrologie 6768 Athalarich 7177 Athen 6192-6204, 6509 Attalos I. 6233 Attica 6192-6204, 6509 Augustus 6523-6559, 6570-6572 Aulus Gabinius 2320, 2321 Aurelianus 7012-7015 Aversincusum 6361, 6396, 6398 Axum 6364 Azbaal 6323 Azemilkos 6325 Azes II. 6340

B Baalshallim II. 6324 Babylon 6150, 6151, 6156, 6162-6164, 6298, 6331 Babylonia 6150, 6151, 6156, 6162-6164, 6298, 6331 Bactria 6336, 6337 Badr ad-din Lu’lu’ 7291 Balkh 6336 Balbinus 6945-6948, 6950 Bar Kokhba 6329 Barbaren auf dem Balkan 7173, 7174 Basiliscus 7139 Basilius I. 7245, 7246 Bauwerke und Gebäude 6359, 6420, 6439, 6440, 6443, 6454, 6531, 6532, 6536, 6571, 6605, 6607, 6608, 6610, 6615, 6643, 6667, 6673, 6700, 6729, 6763, 6767, 6775, 6802, 7001, 7052-7054, 7056 Belgica 6010, 6011 Bellovaci 6010 Berenike I. 6346 Berenike II. 6347 Bergwerksgepräge 6766 Bithynia 6125, 6226-6229 Boeotia 6188, 6189 Bohemia 6013 Boier 6013 Bosporus 6559 Britannia 6001-6003 Bruttium 6054-6067 M. Iunius Brutus 6503, 6504 Byblos 6323 Byzanz 7179-7272

C Q. Caecilius Metellus Pius Scipio 6478-6480 C. Julius Caesar 6481-6502, 6516 Calabria 6030-6036 Caletes 6005 Gaius Caligula 6579-6590 Campania 6026-6028 Carausius 7036 Caria 6258-6268 Carinus 7033, 7034 Carus 7031, 7032 Chalkis 6190 Chandragupta II. 7288 Chios 6255, 6256 Cilicia 6290-6297, 6710, 6881, 6913


Claudius 6591-6601 Claudius II. Gothicus 7010, 7011 Constans 7075-7077 Constantius 7078-7082 Clodius Albinus 6847, 6848 Colonia 6996-7002, 7005-7007 Commodus 6816, 6826-6843 , Constans II. 7223-7226 12, Constantinopolis 7074, 7081, 7105, 7106, 7111, 71 39 7118-7123, 7125, 7127-7130, 7132-7136, 7138, 71 2317179-7185, 7187-7204, 7207-7214, 7216-7229, 7 7241, 7243-7268 Constantinus I. 7058-7074 Constantinus II. 7071-7073 Constantinus III. 7117 Constantinus IV. 7225-7231 Constantinus V. 7240-7242 Constantinus VI. 7243 Constantinus VII. 7247 Constantinus VIII. 7253 Constantinus IX. 7256-7258 Constantinus X. 7260-7262 Constantius I. 7048, 7049, 7066 Constantius II. 7173, 7174 Copo 6014 Corduba 6476, 6477 Corieltauvi 6001 Corinthia 6209-6213, 6802 Creta 6218-6221 Crispina 6841-6843 Crispus 7067-7070 Cromna 6224 Cyprus 6778 Cyrenaica 6351-6353 Cyzicus 6534

D Dacia 6018, 6695, 6971 Datames 6295 Decentius 7085 Demetrios I. (Syria) 6311 Demetrios I. (Bactria) 6337 Demetrios II. (Syria) 6313, 6315 Denkmäler 6439, 6440 Derrones 6136 Deultum 6958 Diadumenianus 6898-6902 Didius Julianus 6845, 6846 Digeon 6004 Diocletianus 7041-7045 Diodotos I. 6336 Dionysios I. 6096 Domitianus 6650, 6652, 6653, 6660, 6661, 6665-6678 Drusilla 6579 Drusus 6575-6578 Drusus Caesar 6590

E Edessa 6309, 6960 Ekbatana 6332 Elis 6216 Emerita 6526 Emporia 6020 Endubis 6364 Ephesos 6244, 6518, 6520, 6548-6553 Erythrai 6245, 6246 Etruria 6024 Euboea 6190, 6191 Eumenes II. 6234

F Fabrice del Carretto 7280-7281 Faustina filia 6779, 6804-6813 Faustina mater 6770-6778 Florianus 7018

G Galba 6622-6627 Galerius Antoninus 6778 Gallia 6004-6009, 6022, 6023 Gallienus 6986-6996 Gamerses 6278 Gegenstempel 6331 Gela 6073 Germania 6012, 6538, 6666, 6798, 6799, 6938, 6939, 6976 Germanicus 6574, 6588, 6589, 6600, 6664 Germanicus Sohn des Drusus 6575 Geta 6864, 6866-6870, 6890, 6891 Ghaznawiden 7292 Gordianus III. 6950-6960 Gratianus 7098-7100 Griechen 6020-6374 Gupta in Indien 7288

H Hadrianopolis 6821, 6880 Hadrianus 6713-6740 Halikarnassos 6261 Hannibal 6054 Heilige: Christus 7233, 7237, 7244, 7246-7269, 7275-7281 Madonna 7250, 7251, 7254, 7268 St. Constantinus 7267 St. Georg 7266 St. Johannes 7275-7281 St. Michael 7268 St. Theodor 7269 Helion de Villeneuve 7273 Heraclea 7050, 7056, 7067 Heraclius 7212-7222 Heraclius Constantinus 7212-7222 Heraclonas 7221, 7222 Herakleia 6037-6039 Herakleia Pontika 6226 Heraklestaten: Lernäische Hydra 6881 Nemeischer Löwe 6175, 6176 Herennia Etruscilla 6975 Herennius Etruscus 6974, 6976 Hermaios 6339 Hierapolis 6730 Hieron II. 6102 Himera 6074 Himyariten 6330 Hispania 6020, 6021, 6574, 6727 Histiaia 6191 Honorius 7113-7116 Hostilianus 6973, 6977 Hyele 6051-6053

I Iceni 6002 Imperatorische Prägungen 6474-6522 India 6338-6340 Ionia 6154, 6155, 6160, 6242-6257, 6518, 6520, 6528, 6529, 6548-6553, 6678 Irene 7243 Isaacius I. Comnnenus 7259 Ispali 7175 Istros 6112, 6861 Iudaea 6327-6329, 6639 Iustinianus I. 7184-7190 Iustinianus II. 7232, 7233, 7237 Iustinus I. 7177, 7182, 7183 Iustinus II. 7191-7194

J Jean-Baptiste Orsini 7275 Jerusalem 6328

183


Johannes I. 7251, 7252 Johannes II. 7266 Johanniter auf Rhodos 7273-7281 Juba I. 6359 Juba II. 6360-6363 Julia Domna 6862-6864, 6883-6885 Julia Livilla 6579 Julia Maesa 6917, 6918 Julia Mamaea 6930, 6931 Julia Paula 6919, 6920 Julia Soaemias 6914-6916 Julia Titi 6662, 6663, 6678 Julianus in Pannonien 7035 Julianus II. Apostata 7086, 7087

K Kalchedon 6227, 6228 Kamarina 6075 Kamiros 6265 Kapisa 6339 Karthago 6054, 6354-6358, 7049 Kaulonia 6055, 6056 Kelten 6001-6019 Kephaloidion 6105 Kidara 7289 Kidariten in Indien 7289, 7290 Kios 6125 Kleopatra VII. 6350, 6521 Kleopatra Selene 6362, 6363 Knidos 6262-6264 Köln siehe Colonia Kolophon 6154, 6160 Korinth 6209-6213, 6802 Koson 6113, 6114 Kreuzfahrer 7273-7281 Kroisos 6274-6277 Kroton 6057-6062 Kushan 7282-7287 Kyaneia 6281 Kydonia 6218, 6219 Kyme (Aeolis) 6237 Kyme (Campania) 6026 Kyrene 6351-6353

L Laconia 6217 Lakedaimon 6217 Lampsakos 6123, 6124, 6161, 6230-6232 Laodicea 6856, 6857, 6863, 6869, 6871 Larissa 6178-6181 Legionsprägungen 6511-6515, 6814, 6849, 6987-6991 Leo I. 7133-7136 Leo III. 7240, 7241 Leo IV. 7242 Leo V. 7244 Leontinoi 6076,6077 Leontius 7234 M. Aemilius Lepidus 6517 Lesbos 6239-6241 Lete 6137 Leukas 6186, 6187 Licinius I. 7055-7057 Licinius II. 7056, 7057 Lipara 6111 Livia 6560-6566, 6573 Lokroi Epizephyrioi 6063, 6064 Londinium 7037, 7038 London siehe Londinium Lucania 6037-6053 Lucilla 6822-6825 Lucius Verus 6790, 6814, 6815, 6817-6825 Lugdunum 6535-6539, 6541-6543, 6545, 6560-6566, 6608, 6609, 6615-6618, 6622, 7017, 7020 Lu’lu’iden von Mosul 7291

184

Lycia 6280-6282, 6707 Lysimacheier 6132, 6133, 6228 Lysimachos 6123-6131

M Macedonia 6126-6128, 6134-6174 Macrianus 7009 Macrinus 6892-6902 Magnentius 7084, 7085 Magnesia 6247, 6248, 7269 Magnia Urbica 7034 Magnus Maximus 7107-7109 Maiores Domus 7286, 7287 Marciana 6710, 6711 Marcianus 7132 Marcus Antonius 6507-6521 Marius 7005, 7006 Markianopolis 6902, 6956, 6957 Maroneia 6115 Massalia 6022, 6023, 6415 Mas'ud ibn Mahmud 7293 Matidia 6712 Mauricius Tiberius 7197-7206 Maussolos 6258 Maxentius 7052-7054 Maximianus I. 7046, 7047 Maximianus II. Galerius 7050 Maximinus I. Thrax 6934-6944 Maximinus II. Daia 7051 Maximus 6942-6944 Mazaios 6296, 6297 Medailleure: Euainetos 6096 Phrygillos 6094 Medaillons 6729, 6796, 7031 Mediolanum 6978, 6980, 6987-6991, 7114 Mediomatrici 6006, 6007 Menander 6338 Merowinger 7178 Mesopotamia 6960 Messana 6078-6080 Metapont 6040-6044 Michael IV. 7255 Michael VII. 7263, 7264 Michael VIII. 7268 Milet 6155, 6249 Mithradates VI. 6223 Mithrapata 6280 Moesia 6112, 6861, 6902, 6956, 6957 Myra 6282 Myrina 6238 Mysia 6123, 6124, 6161, 6230-6234, 6534, 6546, 6547, 6985 Mytilene 6239-6241

N Nagidos 6290-6292 Namnetes 6008, 6009 Narseh 6335 Neapolis 6027 Nemausus 6558 Nero 6601-6620 Nero Caesar 6590 Nerva 6679-6687, 6709 Nicaea 7269 Nicephorus II. 7250 Nicephorus III. 7265 Nicomedia 7044, 7064, 7065, 7080, 7087, 7092, 7093, 7186 Nikomedes IV. 6229 Noricum 6014 Numerianus 7032, 7033 Numidia 6359-6363


O

R

Oborzas siehe Vahborz Octavia 6520 Octavianus 6518, 6519, 6522 Odessos 6116 Oea 6569 Olympia (auch Isolympische Spiele etc.) 6216, 6985 Orbiana 6932, 6933 Orientalen 7282-7293 Orodes II. 6332 Osrhoene 6960 Ostgoten 7177 Ostia 7053 Otacilia Severa 6966 Otho 6628

Rasch Melqart 6105 Ravenna 7116, 7124, 7131, 7177 Remi 6011 Restitutionsprägungen 6664, 6687, 6814 Rhegion 6065, 6066 Rhodos 6265-6268 Rhoimetalkes 6559 Ringgeld 6003 Römer 6375-7172 Römische Republik 6375-6473 Romanus I. 7248, 7249 Romanus II. 7247 Romanus III. 7254 Romula 6574 Romulus 7052-7054

P Paeonia 6175-6177 Pamphylia 6283-6289 Panjhir 6337 Pannonia 6015-6017 Paphlagonia 6224, 6225 Patraos 6177 Patras 6511-6515 Parthia 6332, 6530, 6568, 6653 Patrai 6215 Paulina 6940, 6941 Pella 6127, 6128, 6142-6144, 6152, 6166, 6167, 6174 Peloponnesus 6214-6217 Pergamon 6233, 6234, 6546, 6547, 6985 Perseus 6168, 6169 Persia 6334 Persis 6333 Pertinax 6844 Phaistos 6220 Phalasarna 6221 Pharnabazos 6294 Pharos 6767, 6838 Pharsalos 6182 Philippicus 7238 Philippos I. 6319 Philippos II. 6141-6148 Philippos III. 6160-6164 Philippus I. Arabs 6961-6968 Philippus II. 6967-6969 Philistis 6102 Phocas 7207-7211 Phoenicia 6149, 6312, 6313, 6322-6326 Phokaia 6250-6252 Phrygia 6730 Pierre d'Aubusson 7276-7279 Pierre de Corneillan 7274 Pixodaros 6259, 6260 Plautilla 6886-6889 Cn. Pompeius Magnus minor 6474-6477 Pontus 6222, 6223 Poppaea 6620 Populonia 6024 Postumus 6997-7004 Proben 6810 Probus 7019-7030 Ptolemaios I. 6341-6343, 6346 Ptolemaios II. 6344-6346 Ptolemaios III. 6346, 6347 Ptolemaios V. 6348 Punier 6054, 6104-6110 2. Punischer Krieg 6054 Pupienus 6949, 6950 Pushkalavati 6338 Pythodoris 6559 Pyxous 6045

S Sabina 6733-6737 Säcularfeiern 6534, 6670-6672 Salonina 6994, 6995 Samaria 6327 Samos 6257, 6528, 6529 Samosata 7009 Sardeis 6269-6277 Sasaniden 6335 Schiffe und Schiffsteile 6166, 6167, 6191, 6256, 6298, 6299, 6312, 6313, 6323, 6324, 6382-6384, 6387, 6391, 6392, 6476, 6477, 6505, 6511-6515, 6521, 6523, 6525, 6527, 6557, 6558, 6584, 6585, 6617, 6624, 6665, 6668, 6682, 6683, 6685, 6689, 6694, 6714, 6715, 6746, 6761, 6773, 6807, 6814, 6838, 6891, 6906, 6997, 7038, 7074, 7080, 7081, 7110-7112, 7118-7123, 7127-7129 Scythen in Indien 6340 Scythia 6113, 6114 Seleukeia ad Tigrim 6299, 6301-6303 Seleukos I. 6298-6300 Seleukos II. 6304-6306 Seleukos VI. 6318 Selinus 6081-6083 Septimius Severus 6849-6870, 6882 Serdica 7013, 7028-7030 Severina 7014, 7015 Severus Alexander 6923-6933 Sextus Pompeius 6505, 6506 Shelemyah bar Sanballat 6327 Sicilia 6068-6111 Sicyonia 6214 Side 6286-6289 Sidon 6324 Sikyon 6214 Sinope 6225 Sirinos 6045 Sirmium 7070, 7073, 7113 Siscia 7010, 7027, 7031, 7035, 7043, 7046, 7048, 7055, 7057, 7060, 7061, 7068, 7071, 7083 Sisebut 7175 Skione 6138 Skostokos 6132, 6133 Smyrna 6253, 6254, 6678 Soloi 6293 Sparta siehe Lakedaimon Suessa Aurunca 6028 Suinthila 7176 Sybaris 6046-6048 Syrakus 6084-6103, 7230, 7242 Syria 6298-6321, 6336, 6510, 6555, 6870 Syrtica 6569

185


T

Tacitus 7017 Tarent 6030-6036 Tarraco 6622, 6629, 6630 Tarsos 6294-6297, 6881, 6913 Taxila 6340 Tenedos 6235 Terina 6067 Tessera 7140 Tetricus I. 7008 Tetricus II. 7008 Thasos 6117-6122 Theben 6188 Theodoros I. Komnenos Laskaris 7269 Theodosius I. 7103-7106 Thedosius II. 7118-7130 Theoupolis siehe Antiochia Thessalia 6178-6184 Thessalonica 7063, 7078, 7110, 7126, 7215 Thracia 6019, 6115-6133, 6601, 6657, 6821, 6880, 6958 Thurioi 6049, 6050 Tiberius 6556, 6560-6578 Tiberius III. 7235, 7236 Tiberius II. Constantinus 7195, 7196 Tiberius Gemellus 6575 Ticinum 7024-7026, 7034, 7062, 7069, 7072 Titiakos 6021 Titus 6650, 6651, 6654-6664 Toledo 7176 Traianus 6688-6712 Traianus Decius 6970-6975 Traianus Pater 6709 Tralles 6279 Tranquillina 6958, 6959 Trebonianus Gallus 6978, 6979 Treveri 7008, 7058, 7059, 7076, 7077, 7079, 7089, 7091, 7096-7099, 7102, 7107-7109, 7117 Trier siehe Treveri Troas 6235, 6307 Tuder 6025 Tyros 6312, 6313, 6325, 6326

U Umbria 6025 Uranopolis 6159

V Vabalathus 7017 Vahborz 6333 Valens 7092-7097 Valentinianus I. 7088-7091 Valentinianus II. 7100, 7102 Valentinianus III. 7131 Valerianus I. 6984, 6985 Valerianus II. 6996 Vasudeva I. 7282 Vasudeva II. 7283 Vasudeva III. 7285 Velia 6051-6053 Vespasianus 6634-6653, 6659 Vetranio 7083 Victorinus 7007 Vindex 6621 Vitellius 6629-6633 VĂślkerwanderung 7173-7178 Volusianus 6980, 6981

186

W WappenmĂźnzen 6192 Weltwunder 6767, 6838 Westgoten 7175, 7176

X Xodeshah 7284

Y Yamin ad-dawla Mahmud 7292

Z Zankle siehe Messana Zeno 7138 Zentral-Italien 6029 Zeugitania 6354-6358


187


188


189


VERSTEIGERUNGSBEDINGUNGEN Die Versteigerung erfolgt im Auftrag und für Rechnung der Eigentümer unter Einhaltung der sich aus der Versteigerungsordnung (BGB1 I 1976, 1346) ergebenden und für Kommissionäre geltenden gesetzlichen Bestimmungen des BGB und HGB gegen Barzahlung des Kaufpreises in €-Währung. Durch Abgabe eines Gebotes werden die Versteigerungsbedingungen anerkannt, dies gilt auch für die schriftlichen Gebote. Der Zuschlagpreis ist Nettopreis im Sinne des Mehrwertsteuergesetzes und bildet die Berechnungsgrundlage für das vom Käufer zu zahlende Aufgeld in Höhe von 15 %. Auf den daraus entstehenden Gesamtpreis (Zuschlag + Aufgeld) wird die zur Zeit gültige, ermäßigte Mehrwertsteuer von 7 % erhoben. Papiergeld unterliegt ebenfalls dem ermäßigten Steuersatz. Goldmünzen, bei denen Zuschlagpreis und Aufgeld geringer ist als das zweieinhalbfache des Metallpreises, unterliegen dem normalen Mehrwertsteuersatz von zur Zeit 16%, ebenso historische Wertpapiere. Goldmünzen, die als Anlagegold gelten, sind mehrwertsteuerfrei. Ausländischen Käufern aus Ländern der europäischen Gemeinschaft wird die in Deutschlang gültige Umsatzsteuer berechnet. Anderen ausländischen Käufern (aus Drittländern) wird, sofern die Münzen durch uns exportiert werden, ein Aufgeld von 15 % netto auf den Zuschlagpreis berechnet; sie erhalten die Lieferung nur gegen Zahlung des Kaufpreises in € - Währung, bankspesenfrei. Ausländischen Münzhändlern aus Ländern der europäischen Gemeinschaft wird bei Nachweis der Umsatzsteuer-Identifikationsnummer (§ 27 a USTG) und der sonstigen Voraussetzungen gemäß § 4 Nr. 1 b USTG in Verbindung mit § 6 a USTG die Lieferung ohne Umsatzsteuer berechnet. Sofern nichts anderes vereinbart wird, ist die Zahlung der Auktionsrechnung bei anwesenden Käufern sofort, bei schriftlichen Bietern spätestens 20 Tage nach Erhalt fällig. Bei Zahlungsverzug werden Zinsen von 1 % pro Monat berechnet. Wird die Zahlung nicht sofort an den Versteigerer geleistet oder die Abnahme der zugeschlagenen Sache verweigert, so findet die Übergabe der Sache an den Ersteigerer nicht statt. Der Ersteigerer verliert vielmehr seine Rechte aus dem Zuschlag, und die Sache kann auf seine Kosten erneut versteigert werden. In diesem Fall haftet der Ersteigerer für den Ausfall, dagegen hat er auf dem Mehrerlös keinen Anspruch. Der Zuschlag erfolgt nach dreimaligem Ausruf des höchsten Gebotes und verpflichtet zur Abnahme und Zahlung. Bei Meinungsverschiedenheiten über den Zuschlag wird die Nummer noch einmal ausgerufen. Der Versteigerer ist berechtigt, Nummern zu vereinigen oder zu trennen. Eine Vorausnahme von Nummern erfolgt nicht. Der Zutritt zur Versteigerung ist nur Interessenten gestattet, die einen Katalog besitzen. Die Mindeststeigerungsstufen für das Bietungsverfahren betragen: Mindestangebote

werden. Schriftliche Gebote können nur bis 24 Stunden vor Auktionsbeginn verbindlich berücksichtigt werden. Im Bedarfsfall ist der Auktionator berechtigt, die Limits um 3 – 5 % zu überschreiten. Bei mehreren gleichhohen Geboten erhält das zuerst eingegangene den Zuschlag. Unlimitierte Aufträge haben keinen Anspruch auf unbedingte Ausführung. Telefonisches Bieten ist nur in Ausnahmefällen möglich. Telefonische Bieter müssen sich mindestens einen Tag vor der Auktion voranmelden. Der Versand geht zu Lasten und auf Risiko des Ersteigerers bzw. Empfängers. Das Auktionsgut bleibt bis zur vollständigen Bezahlung aller Forderungen aus Anlaß der Versteigerung Eigentum des Verkäufers. Ist der Käufer Vollkaufmann, so ist Osnabrück als Gerichtsstand vereinbart. Für das Mahnverfahren gilt die Zuständigkeit des Amtsgerichts Osnabrück auch in allen anderen Fällen als vereinbart. Ansonsten ist es Osnabrück nur, wenn nur die Firma Fritz Rudolf Künker ihren allgemeinen Gerichtsstand in der BRD hat, oder wenn alle Ansprüche im Wege des Mahnverfahrens geltend gemacht werden, oder wenn die im Klageweg in Anspruch zu nehmende Vertragspartei nach Vertragsabschluß ihren gewöhnlichen Aufenthaltsort aus dem Geltungsbereich der BRD verlegt hat, oder ihr Wohnsitz oder gewöhnlicher Aufenthaltsort zum Zeitpunkt der Klage nicht bekannt ist. Die Beschreibung im Katalog ist gewissenhaft durchgeführt. Sie begründet jedoch keine Rechts- oder Sachmängelhaftung gemäß §§ 434, 459 ff BGB. Die Angabe der Erhaltung ist streng nach den im deutschen Münzhandel üblichen Erhaltungseinstufungen vorgenommen und gilt als persönliche Beurteilung. Bei der Auktion anwesende Käufer kaufen grundsätzlich „wie besehen“. Da durch Vorbesichtigung Gelegenheit gegeben ist, sich vom Erhaltungszustand des Versteigerungsgutes zu überzeugen, können nach erfolgtem Zuschlag Reklamationen nur bei irrtümlich übersehener Henkel- oder Fassungsspur oder gestopftem Loch berücksichtigt werden. Bei Losen mit mehreren Stücken sind die Stückzahlen nur Circa-Angaben, irrtümliche Zuschreibungen sind im Einzelfall nicht ausgeschlossen. Diese Lose sind nach erfolgtem Zuschlag von jeder Reklamation ausgeschlossen. Der Versteigerer kann bei eventuellen Meinungsverschiedenheiten bzw. Beanstandungen einen vereidigten Sachverständiger seiner Wahl (die Kosten trägt der unterliegende Teil) beauftragen. Eventuelle Beanstandungen können nur innerhalb von 8 Tagen nach der Auktion bzw. nach Erhalt der ersteigerten Stücke berücksichtigt werden. Die Echtheit der Stücke wird bis zur Höhe des Kaufpreises garantiert. Die beigedruckten Preise sind Schätzpreise, die unter- oder überschritten werden können. Aufträge, die unter 80 % des Schätzpreises liegen, können nicht bearbeitet werden.

Ausländische Kunden kaufen nach den Devisen-, Zoll- und Steuerbestimmungen ihres Landes. Versandformalitäten werden vom Versteigerer erledigt.

Mindeststeigerungsstufe Soweit nicht anders vermerkt, gelten im übrigen die allgemeinen Versteigerungsbestimmungen und – auch im Verhältnis zu ausländischen Kunden – gilt Deutsches Recht.

bis zu

€ 100,--

€ 5,--

bis zu

€ 300,--

€ 10,--

bis zu

€ 1.000,--

€ 20,--

Für Büchersendungen und Sendungen ins Ausland werden Versandkosten nach Aufwand in Rechnung gestellt.

bis zu

€ 2.000,--

€ 50,--

Die Ergebnisliste erscheint sofort nach der Auktion.

bis zu

€ 5.000,--

€ 100,--

bis zu

€ 10.000,--

€ 200,--

bis zu

€ 20.000,--

€ 500,--

ab

€ 20.000,--

€ 1.000,--

DIE VERSTEIGERER:

Schriftliche Aufträge werden von uns ohne Auftragsprovision gewissenhaft ausgeführt. Aufträge von uns unbekannten Sammlern können nur ausgeführt werden, wenn ein Depot hinterlegt wird oder Referenzen benannt

190

FRITZ RUDOLF KÜNKER DR. ANDREAS KAISER ARNE KIRSCH OLIVER KÖPP


TERMS AND CONDITIONS OF AUCTION The auction is conducted on behalf and for the account of the appropiate proprietors of the goods and is subject to the federal Auction Regulation (Versteigerungsordnung, BGB1 I 1976, 1346) published in the Federal Law GazetteVol. I, 1976, 1346 and the relevant provisions for factors in accordance with the German Cicil Code (BGB) and Commercial Code (HGB). Payment of the hammer-price has to be made in cash and in Euro. The submission of an offer implies the express acknowledgement of these Terms and Conditions of Auction; the same applies to the submission of an offer in writing. The hammer-price is exclusive of applicable German VAT according to the prevailing VAT – legislation and represents the basis for calculating the surcharge of 15 percent payable by the puchaser. The total price so calculated (hammerprice plus surcharge) is subject to the reduced VAT (value added tax=Mehrwertsteuer) of 7 per cent as presently applicable, which is payabel additionally. The reduced VAT applies also to paper-money. Gold coins for which the hammer-price plus surcharge is less than two and ohne half times the intrinsic gold price, are subject to the normal VAT rate of presently 16 per cent. The same applies to historical bonds. Gold coins which are considered as a gold investment are free of VAT. Purchasers from abroad will be charged a surcharge of 15 per cent net on the hammer-price, provided the export of the coins is undertaken by the auctioneer. Buyers in European Community (EEC) countries (other than Germany) will be charged Value Added Tax at the rates prevailing in Germany. Dealers from EEC countries (other than Germany) will receive goods free of tax upon presentation of their VAT I.D. number, and upon fulfillment of the other conditions set forth in Paragraph 4, Nr. 1 b, and Paragraph 6 a of the GermanTurnover Tax Law. Buyers from other countries are not charged Value Added Tax. Delivery will be made against payment in Euro with no bank charges to the auctioneer. Unless mutually agreed otherwise, payment of the auction bill from purchasers present at the auction is due immediately. From purchaser who have submitted a bid in writing, payment is due within 20 days after receipt of the goods. Defaulted payments shall bear an interest charge of 1 % per month in the amount in default. Should payment to the auctioneer not be made immediately or should the acceptance of the awardet item be refused, such item shall not be handed overt to the purchaser. Instead the purchaser shall forfeit all right and title in and to such item from the award and the item may again be put to auction at this buyer’s cost. In this event the buyer shall be liable for any shortfall, while he shall have no right or claim towards any excess proceeds. An item will be knocked down after the highest bid has been called three times. The award shall be a binding commitment and liability on the part of the bidder to take acceptance and delivery of the item or items so awarded. In the event of any dispute with regard to the award the lot will be put up again for bidding. The auctioneer reserves the right to combine or to seperate lots. Lots will not be called out of sequence. Access to the auction will only be permitted to interested persons who are in possession of the catalogue.

price or prices for a given lot, the bid first received by the auctioneer shall be given the award. Unlimited bids shall not oblige the auctioneer to consider, accept or carry out such order. Telephone bidding is generally an option for lots of substantial value only. The registration is required at the latest a day before auction. Shipment (by mail or otherwise) of the goods shall be for the sole cost and risk of the purchaser or receipient, resp. The auctioned goods remain the sole and exclusiv property of the vendor until full payment and settlement of any and all dues and claims in connection with the auction. In the event the purchaser is a merchant (in the sende of the German commercial laws) Osnabrück shall be the agreed and exclusive place of jurisdiction. The competence of the District Court (Amtsgericht) of Osnabrück is agreed in respect of summary proceedings for the collection of defaulted payments (Mahnverfahren) as well as in any and all other cases. Should the purchaser not be a merchant Osnabrück shall be the place of jurisdiction with the District Court of Osnabrück’s competence, if only the auctioneer has his ordinary legal domicil in the Federal Republic of Germany or if claims are made by way of summary proceedings of collection (Mahnverfahren) or if the defendant has moved his ordinary legal domicil outside the jurisdiction of the Federal Republik of Germany or if the legal domicil of the defendant is unknown to the auctioneer at the time of filing a suit. To the exclusion of any other legislation German law, as in force at the time, shall be applied for the settlement of any and all legal or judicial matters. The specifications and descriptions in the catalogue have been prepared diligently and in good faith do, however, not constitute the acceptance by the auctioneer of any warranty or liability in respect of defect in material or title. The state of preservation of items is strictly assessed in accordance with the grades accepted by the German coin trade and only represents an individual and personal assessment. Purchasers present at the auction acquire items strictly on the basis of “as is where is” and “as inspected”. In view of the opportunity of prior inspection to ascertain the state and condition of the auction lots, complaints and objections made after the sale will only be considered, if by obvious error or mistake loop or traces or moutings, traces of trimmings or settings, or the plugging of a hole (eyelet) have remained unnoticed. If and when auctioned in lots, the quantities of individual pieces given, only represent an approximate figure. An error in the allocation of indivdual pieces to a certain lot cannot be excluded. Such lots are, therefore, excluded from any complaintes or objections after the lot is knocked down. In the event of disputes or complaints as to the quality of an item the auctioneer may call upon a gernerally sworn expert of the trade, which the auctioneer may choose at his sole discretin, for assessment an the rendering of a decision as to the justification of such dispute or complaint. The costs of such expert shall be borne by the party loosing the dispute according to the expert’s decision. Complaints or objections, if justified, will only be considered if made and received by the auctioneer within 8 days after the auction or after receipt the lots, respectively. The authenticity of the coins is warranted. Warranted up to the total purchase price. The prices set out in the catalogue are estimates only, which may bei exceeded or undercut. Orders for less than 80 per cent of the estimated price cannot accepted.

The minimum rates of increase for the bidding procedure are: for minimum offers

minimum increase rate

Purchasers from abroad will have to observe all apllicable laws and regulations in respect of foreign exchange, customs duties and taxation of their country. The auctioneer will only dischare such formalities, which have to be observed, in the Federal Republic of Germany in connection with the export of the purchased item(s).

up to

€ 100,--

€ 5,--

up to

€ 300,--

€ 10,--

up to

€ 1.000,--

€ 20,--

up to

€ 2.000,--

€ 50,--

Unless stipulated otherwise herein, the general rules regulations for auctions applicable in Germany shall govern any transaction in respect of the auction; German Law shall also be applicable in relation to purchasers form abroad. Only the German text has legal forde.

up to

€ 5.000,--

€ 100,--

Shipment to foreign countries and shipment of books we charge upon expenses.

up to

€ 10.000,--

€ 200,--

The prices realized will be published in the form of a list immediately after the auction.

up to

€ 20.000,--

€ 500,--

above

€ 20.000,--

€ 1.000,-THE AUCTIONEERS:

Orders submitted in writing will be carried out diligently and without charge of an extra commission. Orders from collectors unknown to the auctioneer can only be accepted and carried out if a deposit or references to the satisfaction on the auctioneer are given. To be bindingly accepted, written bids need to be received at least 24 hours befor auction. If necessary, the auctioneer is alloweed to increase the bids by 3-5%. Should several bids be obtained in writing bidding the same

FRITZ RUDOLF KÜNKER DR. ANDREAS KAISER ARNE KIRSCH OLIVER KÖPP

191


NUMISMATISCHE BEARBEITUNG FOTOS LAYOUT DRUCK

Alexandra Putz, Jens Ulrich Thormann MA, Petra Wedekämper, Manuela Weiß Lübke & Wiedemann, Stuttgart danner pc - gesteuterte systeme waiblingen media-print, Paderborn Jeglicher Nachdruck, auch auszugsweise, bedarf der Genehmigung des Auktionshauses

BANKVERBINDUNGEN DEUTSCHE BANK OSNABRÜCK DRESDNER BANK OSNABRÜCK SPARKASSE OSNABRÜCK VOLKSBANK BORGLOH-HILTER E. G. BANKHAUS LAMPE KG BIELEFELD POSTBANK HANNOVER CREDIT SUISSE

BLZ 265 700 90, Konto 0 177 006 BLZ 265 800 70, Konto 780 520 200 BLZ 265 501 05, Konto 247 320 BLZ 265 624 90, Konto 1 200 222 400 BLZ 480 201 51, Konto 174 076 BLZ 250 100 30, Konto 2900 60 - 308 Konto 135 494 - 42 - 1

Zahlungen aus dem Ausland - Foreign payments SPARKASSE OSNABRÜCK DEUTSCHE BANK OSNABRÜCK POSTBANK HANNOVER CREDIT CARDS

IBAN: DE50 2655 0105 0000 2473 20 SWIFT-CODE: NOLADE22XXX IBAN: DE11 2657 0090 0017 7006 00 SWIFT-CODE: DEUTDE3B265 IBAN: DE73 2501 0030 0290 0603 08 SWIFT-CODE: PBNKDEFF We do accept VISA and MASTERCARD Service charge: 4,5 %

ERHALTUNGS- UND SELTENHEITSGRADE ERHALTUNGSGRADE GRADING TERMS DEGRÉS DE CONSERVATION GRADI DI CONSERVAZIONE

SELTENHEITSGRADE

192

Polierte Platte Proof

Flan bruni Fondo specchio

Stempelglanz Uncirculated

Fleur de coin Fior di conio

Vorzüglich Extremely fine

Superbe Splendido

Sehr schön Very fine

Très beau Bellissimo

Schön Fine

Beau Molto Bello

Gering erhalten Very good

Très bien conservé Bello

R = Selten Von großer Seltenheit

RR = Sehr selten Von größter Seltenheit


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