Auktion 124 Künker by Fritz Rudolf Kuenker GmbH & Co. KG

124. AUKTION MÜNZEN AUS DER ANTIKEN WELT DIE SAMMLUNG DR. ADOLF WILD U. A. 16. -17. März 2007 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 121 - 124 AUKTION 121 THE DE WIT COLLECTION OF MEDIEVAL COINS

Montag, den 12. März 2007 14.00 Uhr - 18.00 Uhr Nr. 1 bis Nr. 521 Dienstag, den 13. März 2007 10.00 Uhr - 13.00 Uhr Nr. 522 bis Nr. 970 14.00 Uhr - 18.00 Uhr Nr. 971 bis Nr. 1514

AUKTION 122 MÜNZEN UND MEDAILLEN AUS MITTELALTER UND NEUZEIT

Mittwoch, den 14. März 2007 10.00 Uhr - 13.00 Uhr Nr. 2001 bis Nr. 2494 14.00 Uhr - 18.00 Uhr Nr. 2495 bis Nr. 3364 Donnerstag, den 15. März 2007 10.00 Uhr - 13.00 Uhr Nr. 3365 bis Nr. 3974 14.00 Uhr - 19.00 Uhr Nr. 3975 bis Nr. 5000

AUKTION 123 DEUTSCHE MÜNZEN SEIT 1871 DIE SAMMLUNG PAULS U. A.

AUKTION 124 MÜNZEN AUS DER ANTIKEN WELT DIE SAMMLUNG DR. ADOLF WILD U. A.

Freitag, den 16. März 2007 10.00 Uhr - 13.00 Uhr Nr. 6001 bis Nr. 6703 14.00 Uhr - 16.30 Uhr Nr. 6704 bis Nr. 7237 16.30 Uhr - 19.00 Uhr Nr. 7501 bis Nr. 8108 Samstag, den 17. März 2007 10.00 Uhr - 13.00 Uhr Nr. 8109 bis Nr. 8699 14.00 Uhr - 18.00 Uhr Nr. 8700 bis Nr. 9509

Detaillierter Zeitplan siehe Seite 5 Besichtigungen siehe Seite 10 Horaire détaillé voir page 5 Exposition des monnaies voir page 10

Detailed timetable view page 5 Viewing of auction good view page 10 Calendario dettagliato veda pagina 5 Esposizione veda pagina 10

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

IHRE ANSPRECHPARTNER CONTACT

Abwicklung der Aufträge und Einlieferungen

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 À L'ATTENTION DE NOS CLIENTS DES VENTES AUX ENCHÈRES 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.

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.

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 121-124 AUKTION 121 THE DE WIT COLLECTION OF MEDIEVAL COINS

AUKTION 122 MÜNZEN UND MEDAILLEN AUS MITTELALTER UND NEUZEIT

AUKTION 123 DEUTSCHE MÜNZEN SEIT 1871 DIE SAMMLUNG PAULS U. A.

AUKTION 124 MÜNZEN AUS DER ANTIKEN WELT DIE SAMMLUNG DR. ADOLF WILD U. A.

Montag, den 12. März 2007 14.00 Uhr - 18.00 Uhr Nr. 1 bis Nr. 521 Völkerwanderung - Frankreich Dienstag, den 13. März 2007 10.00 Uhr - 13.00 Uhr Nr. 522 bis Nr. 970 Elsaß-Lothringen, Skandinavien, Niederlande: Friesland - Zutphen 14.00 Uhr - 18.00 Uhr Nr. 971 bis Nr. 1514 Niederlande: Geldern - Burgundische Niederlande Mittwoch, den 14. März 2007 10.00 Uhr - 13.00 Uhr Nr. 2001 bis Nr. 2494 Goldprägungen: Ausland, Habsburgische Erblande 14.00 Uhr - 18.00 Uhr Nr. 2495 bis Nr. 3364 Goldprägungen: Deutschland, Silberprägungen: Ausland Donnerstag, den 15. März 2007 10.00 Uhr - 13.00 Uhr Nr. 3365 bis Nr. 3974 Silberprägungen: Habsburgische Erblande, Deutschland: Aachen - Brandenburg-Preußen 14.00 Uhr - 19.00 Uhr Nr. 3975 bis Nr. 5000 Silberprägungen: Braunau - Wuppertal, Sammlung Hans Lummer Teil I und II, Medaillen, Notmünzen, Papiergeld, Münzgefäße, Numismatische Literatur, Lots Freitag, den 16. März 2007 10.00 Uhr - 13.00 Uhr Nr. 6001 bis Nr. 6703 Reichskleinmünzen, Reichssilbermünzen, Reichsgoldmünzen: Anhalt - Mecklenburg-Strelitz 14.00 Uhr - 16.30 Uhr Nr. 6704 bis Nr. 7237 Reichsgoldmünzen: Preußen - BRD, Weltkrieg und Inflation, Weimarer Republik, Drittes Reich, BRD, DDR, Gent, Zweiter Weltkrieg, Deutsche Kolonien, Notmünzen, Proben, Lots 16.30 Uhr - 19.00 Uhr Nr. 7501 bis Nr. 8108 Goldprägungen der Antike, Griechische Münzen, Sammlung Hans Lummer Teil III Samstag, den 17. März 2007 10.00 Uhr - 13.00 Uhr Nr. 8109 bis Nr. 8699 Römische Münzen Teil I 14.00 Uhr - 18.00 Uhr Nr. 8700 bis Nr. 9509 Römische Münzen Teil II, Völkerwanderung, Byzanz, Kreuzfahrer

BESICHTIGUNGEN

Besichtigung des Auktionsgutes in unseren Geschäftsräumen, Gutenbergstr. 23, 49076 Osnabrück, ab dem 12.02.2007, nach vorheriger telefonischer Vereinbarung unter Nr. 05 41 - 96 20 221. 5

INHALT AUKTION 124 Nr. 7501

9509

283

GOLDPRÄGUNGEN DER ANTIKE

7501

7772

Keltische Goldprägungen Gallia Germania Bohemia

7501 7501

7505

7510 7502 7504 7510

Griechische Goldprägungen Sicilia Scythia Macedonia Mysia Lesbos Ionia Lydia Persia Aegyptus Cyrenaica Zeugitania

7511 7511 7515 7517 7525

7530 7533 7538

7542

Römische Goldprägungen Römische Republik Imperatorische Prägungen Römische Kaiserzeit

7547

7548 7556

Völkerwanderung Westgoten Ostgoten

7689

7690 7689 7690

Byzantinische Goldprägungen Byzanz Das Lateinische Kaiserreich von Constantinopel Nicaea

7691 7691

7765

7767 7763 7764 7767

Kreuzfahrer - Achaia Orientalische Goldprägungen Kushan Ayyubiden Mamluken

11 11 11 11

7546 7513 7516 7524 7527 7528 7529 7532 7537 7540 7541 7546

7688 7547 7555 7688

18 20

17 12 12 14 14 14 14 15 15 16 17 17 37 18 19 37 38 38 38

38 38

48 48 48 48

7768

49 49 49 49 49

7769

7771

7772 7769 7770 7772

7773

9509

283

Keltische Münzen Germania Noricum Pannonia Dacia

7773 7773 7780 7785 7791

7795 7778 7784 7790 7794

52 50 51 51 52

Griechische Münzen Hispania Gallia Etruria Umbria Picenum Campania Apulia Zentral-Italien

7796

7798 7800 7802 7804

8107 7796 7797 7799 7801 7803 7806 7807 7808

ANTIKE MÜNZEN IN SILBER UND BRONZE

Seite

MÜNZEN AUS DER WELT DER ANTIKE DIE SAMMLUNG DR. ADOLPH WILD U. A.

92 52 52 53 53 53 53 54 54

Nr. Calabria Lucania Bruttium Sicilia Inseln zwischen Afrika und Sizilien Moesia Thracia Macedonia Paeonia Thessalia Epirus Boeotia Attica Aegina Corinthia Peloponnesus Creta Kykladen Bithynia Mysia Aeolis Ionia Caria Lydia Lycia Pamphylia Pisidia Cilicia Cyprus Syria Phoenicia Iudaea Babylonia Parthia Persia Sasaniden Bactria Aegyptus Cyrenaica Zeugitania Numidia Lots griechischer Münzen

7809 7820 7833 7843

7888 7907 7926 7929

7936 7948 7962 7965 7972

7985 7989 7991 8007 8025 8027 8030

8035

8041 8050 8055

8079

8084

8093 8095 8098

Die Sammlung Hans Lummer, Teil III

Seite 7819 7832 7842 7884 7885 7887 7906 7925 7928 7934 7935 7947 7961 7964 7971 7980 7981 7982 7984 7988 7990 8006 8024 8026 8029 8033 8034 8038 8039 8049 8054 8076 8078 8080 8081 8082 8083 8091 8092 8094 8097 8107

54 56 58 60

65 68

72 73

79 81

8108

55 58 59 65 65 65 68 70 71 72 72 73 75 75 76 77 77 77 78 78 78 81 83 83 84 84 84 85 85 86 87 89 89 90 90 90 90 91 91 92 92 92 93

Römische Münzen Prägungen der römischen Münzstätte Alexandria Münzen der Römischen Republik Imperatorische Prägungen Münzen der Römischen Kaiserzeit Tesseren und Spintrien Lots römischer Münzen

8109 8109 8192 8436 8590 9456 9469

9497 8191 8435 8589 9455 9468 9497

94 94 104 138 162 279 280

282 104 138 162 278 280 282

Völkerwanderung Vandalen Ostgoten

9498 9498

9503 9502 9503

282 282

283 283 283

Byzantinische Münzen

9504

9508

283

9509

283

Kreuzfahrer - Antiochia

Ein Stichwortverzeichnis finden Sie am Ende dieses Auktionskataloges. 7

&T OGF #FQNH 9KNF #FQNH 9KNF YWTFG CO ,WNK CNU 5QJP GKPGU 5VWFKGPTCVGU KO YGUVH·NKUEJGP *GIIGP IGDQTGP 'U YCT FKG <GKV FGT ITQGP +PHNCVKQP FGTGP *ÌJGRWPMV CNNGT FKPIU PQEJ DGXQTUVCPF GKPG HÒT &GWVUEJNCPF GZVTGO UEJYKGTKIG <GKV WPF FKG OGKUVGP $ÒTIGT XGTNQTGP KJT IGUCOVGU $CTXGTOÌIGP +P FKGUGT 5KVWCVKQP YWEJU FGT 5RTQ GKPGT MCVJQNKUEJGP $GCOVGPHCOKNKG KP DGUEJGK FGPGP CDGT FQEJ UKEJGTGP 8GTJ·NVPKUUGP CWH WPF MQPPVG FCU )[OPCUKWO KP 9KVVGP DGUWEJGP &CU #DKVWT YWTFG KP -ÌNP CDIGNGIV YQJKP FKG (COKNKG WOIG\QIGP YCT 5EJQP DCNF PCEJFGO #FQNH 9KNF UKEJ HÒT FGP #T\VDGTWH GPVUEJKGFGP WPF UGKP /GFK\KPUVWFKWO GTHQNITGKEJ KP -ÌNP CWHIGPQOOGP JCVVG VGKNVG GT FCU 5EJKEMUCN HCUV CNNGT LWPIGT /·PPGT KP &GWVUEJNCPF WPF YWTFG \WT 9GJTOCEJV GKPIG\QIGP #WHITWPF UGKPGT OGFK\KPK UEJGP #WUDKNFWPI YWTFG GT CP FGT 1UVHTQPV CNU (GNF WPVGTCT\V GKPIGUGV\V WPF IGTKGV FQTV UR·VGT KP UQYLGVKUEJG )GHCPIGPUEJCHV )GIGP 'PFG FGU -TKGIGU MQPPVG GT CDGT HNKGJGP WPF JCVVG UEJNKGNKEJ )NÒEM KO 7PINÒEM CWH CDGPVGWGTNKEJGP 9GIGP IGNCPI GU KJO UKEJ KP FGP 9GUVGP KP FKG COGTKMCPKUEJG $GUCV\WPIU\QPG FWTEJ\W UEJNCIGP 0CEJ MWT\GT COGTKMCPKUEJGT )GHCPIGPUEJCHV MQPPVG #FQNH 9KNF UGKP /GFK\KPUVWFKWO KP 'TNCPIGP WPF $QPP HQTVUGV\GP Y·JTGPF FKGUGT <GKV OCEJVG GT GKPG (COWNCVWT CP GKPGO 0ÒTPDGTIGT -TCPMGPJCWU &CU 5VCCVUGZCOGP NGIVG GT KP -ÌNP CD FKG 2TQOQVKQP HQNIVG GDGPHCNNU KP -ÌNP #PUEJNKGGPF CTDGKVGVG &T 9KNF \YGK ,CJTG NCPI CP GKPGT -NKPKM KO 5CWGTNCPF KP FGT 0·JG XQP (KPPGPVTQR +P FKGUGT HÒT HCUV CNNG &GWVUEJGP GPVDGJTWPIUTGKEJGP <GKV DGUVCPF FKG $G\CJNWPI KP HTGKGT -QUV WPF .QIKU 0CEJ #DUEJNW UGKPGT #WUDKNFWPI \WO (CEJCT\V HÒT 4ÌPVIGPQNQIKG MGJTVG FGT LWPIG /GFK\KPGT PCEJ -ÌNP \WTÒEM WPF GTJKGNV FQTV GKPG 5VGNNG CNU 4ÌPVIGPQNQIG KO /CTKGPJQURKVCN CO -WPKDGTVUMNQUVGT #O #WHDCW FGT #DVGKNWPI HÒT 4ÌPVIGPQNQIKG WPF 4CFKQNQIKG FKGUGU -TCPMGPJCWUGU YCT &T 9KNF OCIGDGPF DGVGKNKIV WPF YWTFG FQTV CWEJ %JGHCT\V GKPG 2QUKVKQP FKG GT DKU \W UGKPGT 2GPUKQPKGTWPI KO ,CJTG DGJKGNV

#WU .KGDG \W UGKPGT (TCW %JTKUVGN GKPGT 5VWFKGPT·VKP FKG GT JGKTCVGVG XGT\KEJVGVG &T 9KNF CWH GKPG CMCFGOKUEJG .CWHDCJP FC UGKPG (TCW -ÌNP PKEJV XGTNCUUGP YQNNVG &GT HTÒJG 6QF UGKPGT IGNKGDVGP (TCW %JTKUVGN KO ,CJTG WPF FCU HCUV INGKEJ\GKVKIG 'PFG UGKPGT DGTWHNKEJGP 6·VKIMGKV DGFGWVGVG HÒT FGP GPICIKGTVGP #T\V GKPG VKGHITGKHGPFG 8GT·PFGTWPI KP UGKPGO .GDGP 5Q YCT GU UKEJGTNKEJ GKPG INÒEMNKEJG (ÒIWPI FC &T 9KNF PCEJ FGO 6QF UGKPGT (TCW XQP FGT NCPIL·JTKIGP *CWUJ·NVGTKP FGU 'JGRCCTGU XGTUQTIV YWTFG 5Q YWTFG (TCW .QWKU \W GKPGT VTGWGP .GDGPUIGH·JTVKP FKG &T 9KNF CWEJ CWH \CJNTGKEJGP 4GKUGP DGINGKVGVG #NU (TCW .QWKU UR·VGT CP #N\JGKOGT GTMTCPMVG ÒDGTPCJO &T 9KNF VTQV\ GKIGPGT UEJYGTGT *GT\GTMTCPMWPI NKGDGXQNN FKG 8GTUQTIWPI UGKPGT UVGVU RHNGIGDGFÒTHVKIGP .GDGPUIGH·JTVKP #P KJTGO -TCPMGPDGVV KUV &T 9KNF CO #WIWUV RNÌV\NKEJ XGTUVQTDGP

0GDGP FGT /GFK\KP ICNV FCU DGUQPFGTG +PVGTGUUG FGU #T\VGU FGT )GUEJKEJVG KPUDGUQPFGTG FCU 4ÌOKUEJG 9GNVTGKEJ JCVVG KJP KP UGKPGP $CPP IG\QIGP 8GTUEJKGFGPG 4GKUGP PCEJ +VCNKGP WPF 4QO UQYKG KP FKG .·PFGT FGT CNVGP TÌOKUEJGP 2TQXKP\GP KO 1TKGPV GTYGKVGTVGP UGKPG -GPPVPKUUG XQP FGT 9GNV FGT #PVKMG +P 2CN·UVKPC KP +UTCGN KO .KDCPQP KP ,QTFCPKGP WPF I[RVGP CWH <[RGTP WPF -TGVC GPVUVCPFGP XKGNG (QVQU WPF (KNOG (TGOFURTCEJGPMGPPVPKUUG KP 'PINKUEJ (TCP\ÌUKUEJ WPF 4WUUKUEJ GTNGKEJVGTVGP FGO GPICIKGTVGP #T\V FCU 4GKUGP FGT UKEJ UQICT KP FGT ªDGTUGV\WPI NCVGKPKUEJGT .KVGTCVWT XGTUWEJVG 'U GTUEJGKPV PWT PCVÒTNKEJ FC &T 9KNF CWEJ UGKP )GHCNNGP CO 5COOGNP TÌOKUEJGT /ÒP\GP HCPF WPF UQ GPVUVCPF KO .CWHG XQP ÒDGT ,CJTGP UGKPG 5COONWPI TÌOKUEJGT /ÒP\GP UQYQJN FGT 4GRWDNKM CNU CWEJ FGT -CKUGT\GKV UEJYGTRWPMVO·KI IGUCOOGNV DKU \WT <GKV FGU %QOOQFWU 4ÌOKUEJG /ÒP\GP YWTFGP \W UGKPGT .GKFGPUEJCHV UQ NKG &T 9KNF KP FGP NGV\VGP ,CJT\GJPVGP MGKPG DGFGWVGPFG #WMVKQP TÌOKUEJGT /ÒP\GP CWU WPF HKGDGTVG FGP 'TIGDPKUUGP GPVIGIGP FKG OCP KJO VWPNKEJUV UQHQTV VGNGHQPKUEJ ÒDGTOKVVGNP OWVG #WH FKGUG 9GKUG GPVUVCPF GKPG WOHCPITGKEJG 5COONWPI TÌOKUEJGT /ÒP\GP GKP GKPFTWEMUXQNNGU <GWIPKU \W YGNEJGT .GKUVWPI GKP GPICIKGTVGT 5COONGT KO .CWHG XQP PWT YGPKIGP ,CJT\GJPVGP H·JKI KUV 0GDGP FGP 2T·IWPIGP FGU -CKUGTU #WIWUVWU WPF /ÒP\GP OKV #TEJKVGMVWTFCTUVGNNWPIGP UQYKG FGP TÌOKUEJGP /CTMGP HÒT XGTUEJKGFGPG <YGEMG OKV FGT $G\GKEJPWPI 6GUUGTCG FCTH FCU *KIJNKIJV FGT 5COONWPI PKEJV WPGTY·JPV DNGKDGP 'U KUV FGT DGTÒJOVG &GPCT OKV FGP &QNEJGP WPF FGT (TGKJGKVUOÒV\G FGP $TWVWU \WT 'TKPPGTWPI CP FKG 'TOQTFWPI %·UCTU CP FGP +FGP FGU /·T\ KO ,CJTG X %JT RT·IGP NKG GKPG TÌOKUEJG 2TQRCICPFCOÒP\G XQP FGT CWEJ JGWVG PQEJ GKPG DGUQPFGTG (CU\KPCVKQP CWUIGJV &KG 'TDKP XQP *GTTP &T 9KNF JCV WPU FKG 5COONWPI \WT 8GTUVGKIGTWPI ÒDGTIGDGP WPF YKT JCDGP OKV FKGUGO -CVCNQI XGTUWEJV FKG 'TKPPGTWPI CP GKPGP NKGDGPUYÒTFKIGP 5COONGT YCEJ \W JCNVGP /ÌIGP UKEJ PWP CPFGTG CP UGKPGP 5EJ·V\GP GTHTGWGP *CDGPV HCVC UWC PWOOK ņ /ÒP\GP JCDGP KJT GKIGPGU 5EJKEMUCN 5KGIDWTI KO &G\GODGT 2GVGT 0 5EJWNVGP

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 en relation avec notre service clientèle quelques jours avant la vente en appelant le numéro +49 (0)541 96 20 233. Une participation téléphonique à la vente sera possible à la condition que vous nous fassiez parvenir aussi votre ordre par écrit. Cet ordre devra être au moins égal au minimum au prix d’estimation et concerner un lot estimé au moins 500 Euros. Nous déclinons toute responsabilité dans le cas où la communication téléphonique serait interrompue, ou bien ne pourrait être 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 lásta, siete pregati di chiamare la Signorina Sonia Russo al numero diretto +49 (0)541 96 20 245 qualche giorno prima dellásta 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 lásta 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 12.02.2007, nach vorheriger telefonischer Vereinbarung unter +49 (0) 5 41 96 20 221.

EXPOSITION Les monnaies seront visibles à partir du 12 Février 2007, Gutenbergstr. 23, 49076 Osnabrück, sur rendez-vous téléphonique +49 (0)541 96 20 221.

ON VIEW The auction good can be viewed at our office from February, 12th 2007, Gutenbergstr. 23, 49076 Osnabrück, by prior appointment. Please call +49 (0)541 96 20 221.

ESPOSIZIONE Tutti i lotti sono visionabili a partire dal 12 Febbraio 2007 presso la nostra sede, Gutenbergstr. 23, 49076 Osnabrück previo appuntamento telefonico +49 (0)541 96 20 221.

)1.&24 )70)'0 &'4 #06+-' -'.6+5%*' )1.&24 )70)'0

7501

1,5:1

)#..+#

#010;/ Ô 5VCVGT ,CJTJWPFGTV X %JT I -QRH T 2HGTF T FCTWPVGT -QRH N ! %CUVGNKP <ÒTKEJ XGTIN #XGTU .C 6QWT XGTIN WPF 2N ::8 , 44 (CUV XQT\ÒINKEJ

7503

7502

$#+1%#55'5 ! Ô 5VCVGT ,CJTJWPFGTV X %JT I -QRH T XQP 2GTNUEJPÒTGP WOIGDGP 2HGTF OKV .GPMGT T &GNGUVT¾G 6CEJG &6 (CUV UGJT UEJÌP

$'.)+%#

#/$+#0+ Ô 5VCVGT X %JT I $WEMGN 5VKNKUKGTVGU 2HGTF T \YKUEJGP 2WPMVGP WPF *CNDOQPFGP %CUVGNKP <ÒTKEJ 5GJT UEJÌP

7504

1,5:1

)'4/#0+#

8+0&'.+-'4 Ô 5VCVGT 4GIGPDQIGPUEJÒUUGNEJGP ,CJTJWPFGTV X %JT I 6TKUMGNKU KP $N·VVGTMTCP\ &TGK &QRRGNTKPIG WPF HÒPH 2WPMVTKPIG KP <KEM\CEMGKPHCUUWPI -GNNPGT XGTIN 6[R +: $ #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

7506

7505

7507

1,5:1

7507

$1*'/+#

7505

$1+'4 Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN *CNDOQPFHÌTOKIGT $WEMGN &GODUMK 2CWNUGP XGTIN 5GJT UEJÌP

Ô 5VCVGT ,CJTJWPFGTV X %JT I *GT\HÌTOKIGT $WEMGN #VJGPC UVGJV N OKV 5RGGT WPF 5EJKNF &GODUMK HH 2CWNUGP HH 5WDCGTCV HCUV UGJT UEJÌP

Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN #VJGPC UVGJV N OKV 5RGGT WPF 5EJKNF &GODUMK HH 2CWNUGP HH 5GJT UEJÌP

7508 2:1

7508

7509

7510

Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN #VJGPC UVGJV N OKV 5RGGT WPF 5EJKNF &GODUMK XGTIN 2CWNUGP 5GJT UEJÌP

Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN 6 &GODUMK 2CWNUGP

)WVGU UGJT UEJÌP

Ô 5VCVGT ,CJTJWPFGTV X %JT I $WEMGN OKV &GNNG /WUEJGN &GODUMK 2CWNUGP 5GJT UEJÌP

)4+'%*+5%*' )1.&24 )70)'0

1,5:1

7511

1,5:1

5+%+.+#

5;4#-75 Ô .KVTGP X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN N 8KGTIGVGKNVGU +PEW UWO KO <GPVTWO #TGVJWUCMQRH N 50) #05 HH 50) /ÒPEJGP 'VYCU TQUVKIGT #XGTUUVGORGN 4GXGTU &QRRGNUEJNCI IWVGU UGJT UEJÌP 'TYQTDGP DGK 5CNN[ 4QUGPDGTI

7513

7512

#ICVJQMNGU X %JT Ô .KVTGP X %JT I #RQNNQMQRH N $KIC T WPVGP 6TKUMGNKU 50) #05 XGTIN HH 50) /ÒPEJGP XGTIN HH 4 5GJT UEJÌP

'N .KVTGP X %JT I #RQNNQMQRH N FCJKPVGT -TCP\ &TGKHW ,GPMKPU KP 'UUC[U 4QDKP UQP 1 )WVGU UGJT UEJÌP

7514

1,5:1

/1'5+#

-#..#6+5 Ô 5VCVGT X %JT I &KCFGOKGTVGT -QRH FGU XGTIÌVVNKEJVGP #NGZCPFGT T OKV #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCTWPVGT &TGK\CEM #/0) FG %CNNCVC[ & 4 8GTDTCWEJVGT #XGTUUVGORGN XQT\ÒINKEJ

&GT -QRH FGT 8QTFGTUGKVG \GKIV FKG <ÒIG /KVJTCFCVGU 8+ UQ YKG UKG XQP UGKPGP MNGKPCUKCVKUEJGP 6GVTCFTCEJOGP DG MCPPV UKPF &KGUG )QNFRT·IWPI UVGJV KO <WUCOOGPJCPI OKV FGO $GHTGKWPIUMTKGI /KVJTCFCVGU 8+ IGIGP FKG 4ÌOGT

7516

7515

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% # (CUV XQT\ÒINKEJ

&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 8QT HCJTGP . +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 IG IGP /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 8GTDKP FWPI \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 \W VTGHHGPF CNU $# HÒT BASILEUS -ÌPKI Y·JTGPF CPFGTG GU CNU $4 HÒT $TWVWU \W FGWVGP XGTUWEJV JCDGP &CU 0Q OKPCN OKV GKPGO &WTEJUEJPKVVUIGYKEJV XQP I KUV UKEJGT MGKP TÌOKUEJGT #WTGWU UQPFGTP GKP ITKGEJKUEJGT )QNF UVCVGT &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

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

7517

7518

/#%'&10+#

-¤0+)4'+%* 2JKNKRRQU ++ X %JT Ô 5VCVGT X %JT 2GNNC I #RQNNQMQRH T OKV .QTDGGTMTCP\ $KIC T FCTWPVGT &TGK\CEM .G 4KFGT 6H 5GJT UEJÌP

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\KG JWPI 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 2NWV CTEJ #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

Ô 5VCVGT X %JT 2GNNC I #RQNNQMQRH T OKV .QTDGGTMTCP\ $KIC T WPVGP 0KMG .G 4KFGT 2N 7PDGFGWVGPFG (CUUWPIUURWTGP UGJT UEJÌP

7519

7519 1,5:1

Ô 5VCVGT RQUVJWO X %JT /CIPGUKC I #RQNNQMQRH T OKV .QTDGGTMTCP\ 0KMG KP $KIC T WPVGP $KGPG KO #DUEJPKVV 5RGGTURKV\G 6JQORUQP KP 5VWFKQ 2CWNQ 0CUVGT 1DNCVC 5 (GKPGT 5VKN YKP\ 2TÒHURWT CO 4CPF XQT\ÒINKEJGU 'ZGORNCT &KGUG RQUVJWOGP 2JKNKRRGKGT YWTFGP PCEJ FGO 6QF #NGZCPFGTU +++ XQP MÌPKIUVTGWGP -T·HVGP IGRT·IV FKG UQ FCTCP GTKPPGTP YQNNVGP FC 2JKNKRRQU +++ #TJKFCKQU GKP 5QJP FGU 2JKNKRRQU ++ WPF UQOKV TGEJVO·KIGT 6JTQPHQNIGT YCT

7520

7521

Ô 5VCVGT RQUVJWO #ORJKRQNKU I #RQNNQMQRH T OKV .QTDGGTMTCP\ $KIC T WPVGP &TGKHW QDGP - .G 4KFGT 2N #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Ô 5VCVGT RQUVJWO #ORJKRQNKU I #RQNNQMQRH T OKV .QTDGGTMTCP\ $KIC T WPVGP &TGK\CEM .G 4KFGT 2N 4CPF WPF (GNFGT NGKEJV DGCTDGKVGV UGJT UEJÌP

7522

7522 1,5:1

#NGZCPFGT +++ X %JT Ô 5VCVGT X %JT #ORJKRQNKU I #VJGPCMQRH T KP MQTKPVJKUEJGO *GNO 0KMG UVGJV N OKV -TCP\ WPF 5V[NKU FCXQT $NKV\ 2TKEG -TCV\GT CWH FGO #XGTU UQPUV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT #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 OC MGFQPKUEJGP 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 .G ZKMC DGTKEJVGP #NGZCPFTGKGT IGPCPPV 2QNNWZ +: &GT )QNF 5VCVGT ICNV CVVKUEJG 5KNDGTFTCEJOGP UQOKV HÒPH UKNDGTPG 6GVTCFTCEJOGP &GT 6CIGUXGTFKGPUV GKPGU &WTEJUEJPKVVUDÒTIGTU DGVTWI GVYC &TCEJOGP

7523

7524 1,5:1

Ô 5VCVGT X %JT /KNGV I #VJGPCMQRH T KP MQTKPVJKUEJGO *GNO 0KMG UVGJV N OKV -TCP\ WPF 5V[NKU FCXQT /QPQITCOO 2TKEG (CUUWPIUURWTGP UGJT UEJÌP

Ô 5VCVGT RQUVJWO X %JT $CD[NQP I #VJGPCMQRH T KP MQTKPVJKUEJGO *GNO 0KMG UVGJV N OKV -TCP\ WPF 5V[NKU N * WPF /QPQITCOO KP -TCP\ 2TKEG XGTIN (CUUWPIUURWTGP UGJT UEJÌP

7525

1,5:1

7526

1,5:1

7526

/;5+#

-;<+-15 'N *GMVG 5VCVGT X %JT I -TGDU J·NV 6JWPHKUEJMQRH 8KGTIGVGKNVGU +PEWUWO X (TKV\G 50) (TCPEG 5GJT UEJÌP

'N *GMVG 5VCVGT X %JT I ,ÒPINKPI MPKGV N OKV *GNO WPF 5EJYGTV 8KGTIGVGKNVGU +PEWUWO X (TKV\G 50) (TCPEG XGTIN 5VCVGT #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

7527

'N 5VCVGT WO X %JT I 5KNGP MPKGV N CWH 6JWPHKUEJ WPF HÒJTV OKV DGKFGP *·PFGP GKPGP 2K NQU \WO /WPF 8KGTIGVGKNVGU +PEWUWO X (TKV\G 50) (TCPEG 4 .GKEJV FG\GPVTKGTV UGJT UEJÌP

7528 2:1

2:1

.'5$15

/;6+.'0' 'N *GMVG 5VCVGT X %JT I &KQP[UQUMQRH T OKV 'HGWMTCP\ 5CV[TMQRH X X $QFGPUVGFV 8U F 4U g 4 5GJT UEJÌP

7529

1,5:1

7529

+10+#

2*1-#+# 'N *GMVG 5VCVGT X %JT I ,ÒPINKPIUMQRH N OKV *CCTDKPFG WPF 5VKGT JQTP 8KGTIGVGKNVGU +PEWUWO $QFGPUVGFV C b 5GJT UEJÌP 'U JCPFGNV UKEJ DGK FGO ,ÒPINKPI OKV JQJGT 9CJTUEJGKPNKEJMGKV WO GKPGP (NWIQVV 'U M·OG JKGT FGT *GTOQU KP (TCIG KP FGUUGP /ÒPFWPIUIGDKGV 2JQMCKC NCI

7530

7532 7531

1,5:1

7531

.;&+#

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

7533

7533 1,5:1

2'45+#

#EJ·OGPKFGP Ô &CTGKMG ,CJTJWPFGTV X %JT I )TQMÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO 50) $GTT[ 5GJT CVVTCMVKXGU 'ZGORNCT 9KP\ -TCV\GT XQT\ÒINKEJ

&KG RGTUKUEJG &CTGKMG KUV PCEJ &CTGKQU + FGO )TQGP DGPCPPV FGT FKGUG 5VÒEMG \WGTUV RT·IVG 'U YCTGP FKG DG MCPPVGUVGP )QNFOÒP\GP KJTGT <GKV DKU PCEJ FGT <GTUEJNCIWPI FGU 2GTUGTTGKEJGU FKG )QNFUVCVGTG #NGZCPFGTU FGU )TQ GP CP KJTG 5VGNNG VTCVGP &CU JKGT CPIGDQVGPG 5VÒEM IGJÌTV \W FGP HTÒJGP &CTGKMGP WPF FÒTHVG FGOPCEJ Y·JTGPF FGT 2GTUGTMTKGIG \WT $G\CJNWPI RGTUKUEJGT 5QNFCVGP IGFKGPV JCDGP /KV FGP &CTGKMGP YWTFG 9GNVIGUEJKEJVG IGUEJTKGDGP UQ DGTKEJVGV 2NWVCTEJ FC FGT 5RCTVCPGTMÌPKI #IGUKNCQU FGT UGKV X %JT KP -NGKPCUKGP UGJT GTHQNITGKEJ -TKGI IGIGP FKG 2GTUGT HÒJTVG FWTEJ IQNFGPG &CTGKMGP OKV FGPGP UGKPG )GIPGT KP )TKGEJGPNCPF DGUVQEJGP YWTFGP IGIGP KJP -TKGI \W HÒJTGP \WO #DDTWEJ FGU -TKGIGU KP -NGKPCUKGP IGPÌVKIV YWTFG #IGUKNCQU UQNN IGUCIV JCDGP FC KJP RGTUKUEJG $QIGPUEJÒV\GP CWU #UKGP XGTVTKGDGP J·VVGP &KG $QIGPUEJÒV\GP 6QZQVCK UVGJGP HÒT FKG &CTGKMGP

FKG LC CWH FGO #XGTU GKPGP $QIGPUEJÒV\GP \GKIGP OKV FGPGP FKG 2QNKVKMGT KP #VJGP WPF 6JGDGP \WO -TKGI IGIGP 5RCTVC CPIGUVCEJGNV YWTFGP

7535

7534

Ô &CTGKMG ,CJTJWPFGTV X %JT I )TQMÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO 50) $GTT[ 5GJT UEJÌP

7536

1,5:1

7537

Ô &CTGKMG ,CJTJWPFGTV X %JT I )TQMÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO 50) $GTT[ 5GJT UEJÌP

Ô &CTGKMG ,CJTJWPFGTV X %JT I )TQMÌPKI KO -PKGNCWH T OKV $QIGP WPF 5RGGT +PEWUWO $CDGNQP 2GTUGU #EJCGOGPKFU $/% 50) $GTT[ 44 5GJT UEJÌP

7538

7538 1,5:1

#');2675

2VQNGOCKQU ++ X %JT HÒT #TUKPQë ++ Ô 1MVQFTCEJOG /PCKQP X %JT #NGZ CPFTKC I -QRH T OKV &KCFGO WPF 5EJNGKGT FCJKPVGT Q &QRRGNHÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU 6TQZGNN 2N #XGTU UVGORGNINGKEJ )WVGU UGJT UEJÌP &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

7539

1,5:1

2VQNGOCKQU 8+++ X %JT HÒT #TUKPQG ++ Ô 1MVQFTCEJOG /PCKQP #NGZCPFTKC I -QRH T OKV &KCFGO WPF 5EJNGKGT FCJKPVGT - &QRRGNHÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU 5GJT CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT 0CEJ 5XQTQPQU UQNNGP FKG )GUKEJVU\ÒIG FGT FCTIGUVGNNVGP 2GTUQP CWH FGT 8QTFGTUGKVG -NGQRCVTC +++ YKGFGTIGDGP 5KG YCT FKG 5VKGHVQEJVGT FGU 2VQNGOCKQU 8+++ FKG GT X %JT JGKTCVGVG

7540

7540 1,5:1

Ô 1MVQFTCEJOG /PCKQP #NGZCPFTKC I -QRH T OKV &KCFGO WPF 5EJNGKGT FCJKPVGT - &QR RGNHÒNNJQTP OKV 6CGPKG 50) %QR 5XQTQPQU (CUV XQT\ÒINKEJGU 'ZGORNCT

7541

1,5:1

%;4'0#+%#

-;4'0' Ô 5VCVGT X %JT /CIKUVTCV &COQPCZ I 3WCFTKIC T #OOQP UVGJV N OKV <GRVGT WPF 0KMG FCXQT 9KFFGT N 0CXKNNG 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7542

1,5:1

<'7)+6#0+#

-#46*#)1 Ô 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T ,GP MKPU .GYKU )TWRRG +++ XGTIN 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI 9KP\ -TCV\GT CWH FGT 4ÒEMUGKVG XQT\ÒINKEJ

7544

7543

1,5:1

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

5GJT UEJÌP 5GJT UEJÌP

'N 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T ,GPMKPU .GYKU -N -TCV\GT CWH FGO #XGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

1,5:1

7545 1,5:1

7546

'N 5VCVGT X %JT I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T ,GPMKPU .GYKU 5GJT UEJÌP

4¤/+5%*' )1.&24 )70)'0

1,5:1

7547

1,5:1

4¤/+5%*' 4'27$.+-

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

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 %Q KPU 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 JGT CWHTÒEMGP YÒTFG 'U IKDV ªDGTRT·IWPIGP XQP &GPCTGP WPF $TQP\GP FKG FKGU OÌINKEJ GTUEJGKPGP NCUUGP #WU &CPM DCTMGKV WPF WO FKG 7PVGTUVÒV\WPI FWTEJ I[RVGP UKEJVDCT \W OCEJGP YWTFG FKG 4ÒEMUGKVGP &CTUVGNNWPI IGY·JNV

7548

7548 1,5:1

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

% ,WNKWU %CGUCT Ŏ X %JT Ô #WTGWU X %JT 4QO # *KTVKWU I 8GUVCMQRH T OKV 5EJNGKGT 2TKGUVGTIGT·VG $CD $/% %CNKEQ %TCYH 5GCT 5[F )GTKPIG (CUUWPIUURWTGP FGPPQEJ UGJT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI *KTVKWU YCT GKP .GICV %CGUCTU 0CEJ FGUUGP 'TOQTFWPI DGMNGKFGVG GT FCU -QPUWNCV 'T XGTHCVG CWEJ FCU $WEJ FGU DGTÒJOVGP 9GTMGU FG DGNNQ ICNNKEQ

7549

Ô #WTGWU X %JT 4QO # *KTVKWU I 8GUVCMQRH T OKV 5EJNGKGT 2TKGUVGTIGT·VG $CD $/% %CNKEQ D %TCYH 5GCT 5[F 5GJT UEJÌP

7550

7550 1,5:1

Ô #WTGWU X %JT 4QO . /WPCVKWU 2NCPEWU I &TCRKGTVG $ÒUVG FGT 8KEVQTKC T %CRKU $CD $/% %CNKEQ %TCYH C 5GCT 5[F C 5GJT UEJÌPpXQT\ÒINKEJ 'ZGORNCT FGT #WMVKQP 5RKPM 6CKUGK <ÒTKEJ 0T . /WPCVKWU 2NCPEWU GKPG FGT UEJKNNGTPFUVGP )GUVCNVGP CWU FGT 'PFRJCUG FGT 4GRWDNKM YCT \WP·EJUV GKP GPIGT 8GT VTCWVGT %CGUCTU FGT UGKPG -CTTKGTG HÌTFGTVG WPF KJO CWEJ \WO #OV FGU 2TCGHGEVWU WTDK XGTJCNH /KV FKGUGO #OV HKGN KJO CWEJ FKG /ÒP\RT·IWPI \W WPF WPVGT UGKPGT 2TCGHGEVWT YWTFG KP FGT XQP %CGUCT PGW GKPIGTKEJVGVGP /ÒP\UV·VVG CO ,C PKEWNWO JGWVG )KCPKEQNQ WPUGTG /ÒP\G IGRT·IV 0CEJ FGO 6QFG %CGUCTU UEJNWI UKEJ 2NCPEWU CWH FKG 5GKVG FGT /ÌTFGT UGKPGU 9QJNV·VGTU YCPFVG UKEJ CDGT KO ,CJTG X %JT FGO #PVQPKWU \W &QEJ CWEJ FKGUGP XGTTKGV GT WPF UEJNWI UKEJ CWH FKG 5GKVG FGU 1EVCXKCPWU 'U YCT . /WPCVKWU 2NCPEWU FGT KO ,CJTG X %JT KO 5GPCV FKG 8GTNGKJWPI FGU 6KVGNU #WIWUVWU CP 1EVCXKCPWU DGCPVTCIVG

7552

7551 1,5:1

Ô #WTGWU X %JT 4QO . /WPCVKWU 2NCPEWU I &TCRKGTVG $ÒUVG FGT 8KEVQTKC T %CRKU $CD $/% %CNKEQ C %TCYH D 5GCT C 5[F D 5GJT UEJÌP

Ô #WTGWU X %JT 4QO I 8GPWUMQRH T OKV &KCFGO %15 38+0% KP .QTDGGTMTCP\ $CD $/% %CNKEQ %TCYH 5GCT 5[F 44 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP 5RKPM 6CKUGK <ÒTKEJ 0T &CU 5VÒEM HGKGTV %CGUCTU HÒPHVGU WPF NGV\VGU %QPUWNCV FCU GT CO ,CPWCT X %JT CPVTCV

1,5:1

7553

1,5:1

/CTEWU #PVQPKWU Ŏ X %JT WPF 1EVCXKCPWU Ô #WTGWU X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %CNKEQ %TCYH C 5GCT 5[F 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T &GT /ÒP\OGKUVGT VT·IV FGP WPIGYÌJPNKEJGP 6KVGN 3 2 SWCGUVQT RTQ RTCGVQTG

1,5:1

7554

1,5:1

1EVCXKCPWU Ô #WTGWU X %JT 4QO . %GUVKWU WPF % 0QTDCPWU I $ÒUVG FGT 5[DKNNG T %[DGNG CWH 6JTQP KP .ÌYGPDKIC N $CD $/% %CNKEQ D %TCYH 5GCT 5[F 44 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T +P FGT /KVVG FGU ,CJTGU X %JT JQHHVG FGT 5GPCV 4QO OKV FTGK .GIKQPGP IGIGP 1EVCXKCPWU XGTVGKFKIGP \W MÌPPGP 'U JCPFGNVG UKEJ WO GKPG KVCNKUEJG .GIKQP FKG 2CPUC \WT 8GTVGKFKIWPI FGT 5VCFV KP 4QO IGNCUUGP JCVVG UQYKG \YGK .GIKQ PGP FKG FGT 5GPCV CWU #HTKEC \W *KNHG IGTWHGP JCVVG <YGK FGT OKV FGT 8GTVGKFKIWPI FGT 5VCFV DGCWHVTCIVGP 2TCGVQTGP . %GUVKWU WPF % 0QTDCPWU DGYGIVGP FKG .GIKQPGP FC\W \W 1EVCXKCP ÒDGT\WNCWHGP &CTCWHJKP TÒEMVG 1EVCXKCP KP 4QO GKP DGO·EJVKIVG UKEJ FGU 5VCCVUUEJCV\GU WPF NKG KO #WIWUV 5GRVGODGT X %JT KP FGT XQP %CGUCT PGW GKPIGTKEJVGVGP /ÒP\UV·VVG CO ,CPKEWNWO PKEJV KP FGT CNVGP OQPGVC /ÒP\GP RT·IGP WO FKG \W KJO ÒDGTIGNCWHGPGP .GIKQPGP HÒT KJTGP 8GTTCV CO 5GPCV \W DGNQJPGP *KGTDGK DGTKGH GT UKEJ UEJGKPJGKNKI CWH GKPGP 5GPCVUDGUEJNW FGT HTGKNKEJ XQP KJO GT \YWPIGP YQTFGP YCT 7PUGT 5VÒEM GJTV FKG KVCNKUEJG .GIKQP DGK FGT GU UKEJ YQJN WO FKG .GIKQ 8 WTDCPC JCPFGNP FÒTHVG

7555

Ô #WTGWU X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH N 6TKWORJCNSWCFTKIC T CWH FGO 9C IGP XKGT /KPKCVWTRHGTFG $/% %CNKEQ %QJ 4+%w -N 2TÒRWP\G CWH FGO #XGTU UGJT UEJÌP <WT &CVKGTWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T &KG 6TKWORJCNSWCFTKIC MÒPFKIV FGP 6TKWORJ CP FGP 1EVCXKCPWU HGKGTP YKTF

7556

1,5:1

)1.&24 )70)'0 &'4 4¤/+5%*'0 -#+5'4<'+6

#WIWUVWU X P %JT Ô #WTGWU X %JT 2GTICOQP I -QRH T FCTWPVGT IGTCFG PQEJ NGUDCT #8)85685 5RJKPZ UKV\V T $/% %CNKEQ D FKGU 'ZGORNCT KTTVÒONKEJG $G UEJTGKDWPI %QJ 4+%w KTTVÒONKEJG $GUEJTGKDWPI 8QP ITQGT 5GNVGPJGKV &QRRGNUEJNCI FGPPQEJ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT &GT 4GXGTU \GKIV YCJTUEJGKPNKEJ FCU $KNF FGU GTUVGP 5KGIGNU FGU #WIWUVWU UKGJG 5WGVQP #WIWUVWU

7557

7558

1,5:1

Ô #WTGWU X %JT .WIFWPWO I -QRH T 5VKGT UVÌV T $/% %CNKEQ %QJ 4+%w C #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Ô #WTGWU X %JT .WIFWPWO I -QRH T 5VKGT UVÌV T $/% %CNKEQ %QJ 4+%w C 5EJÌP

7560

7559

1,5:1

Ô #WTGWU X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ )CKWU WPF .WEKWU %CGUCTGU UVGJGP X X OKV 5RGGTGP WPF 5EJKNFGP FCTÒDGT .KVWWU WPF 5KORWNWO $/% %CNKEQ %QJ 4+%w 4 (CUUWPIUURWTGP MPCRRGT 5EJTÌVNKPI UGJT UEJÌP &GT XQTNKGIGPFG 6[R MCPP PCEJ PGWGTGT (QTUEJWPI GZCMVGT FCVKGTV YGTFGP CNU FKGU KO 4+% IGOCEJV YWTFG X P %JT &KG 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

Ô 3WKPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UKV\V T CWH )NQDWU $/% 5 #PO %QJ 4+%w 44 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

7561

7562

6KDGTKWU 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

/ÒP\UVGORGN FKGUGU 6[RU OKV .KXKC CNU 2CZ CWH FGO 4GXGTU CNUQ FGO 6[R FGU DGTÒJOVGP 6TKDWVG 2GPP[U FGT $K DGN 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\W YGKUWPIGP FGT HTÒJGP -CKUGT\GKV KP (TCIG FGPP GU KUV FCXQP CWU\WIGJGP FC CWEJ KP CPFGTGP .GIKQPUNCIGTP /ÒP\ UV·VVGP GZKUVKGTV JCDGP

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

7563

Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ -CKUGT KP 3WCFTKIC T OKV #FNGTU \GRVGT WPF <YGKI $/% %CNKEQ %QJ 4+%w 4 5GJT UEJÌP

1,5:1

WPF &KXWU #WIWUVWU Ô #WTGWU 4QO I -QRH FGU 6KDGTKWU T OKV .QTDGGTMTCP\ -QRH FGU #WIWUVWU T OKV .QTDGGTMTCP\ FCTÒDGT 5VGTP $/% %CNKEQ %QJ 4+%w 44 5GJT CVVTCMVKXGU 'ZGORNCT .GKEJV FG\GPVTKGTV XQT\ÒINKEJ

1,5:1

7564

7565

1,5:1

%NCWFKWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 6GORGN KP GKPGO 2T·VQ TKCPGTNCIGT FGUUGP #WGPOCWGTP FKG #WHUEJTKHV +/2'4 4'%'26 VTCIGP KO 6GORGN .GIKQPUCFNGT WPF 5QNFCV OKV 5RGGT $/% %CNKEQ %QJ 4+%w 44 8QT\ÒINKEJ UGJT UEJÌP &KG 4ÒEMUGKVGPFCTUVGNNWPI GTKPPGTV CP FCU ,CJT CNU FKG 2TCGVQTKCPGT %NCWFKWU PCEJ FGT 'TOQTFWPI UGKPGU 0GHHGP )CKWU %CNKIWNC \WO -CKUGT CWUTKGHGP 5KG GTJKGNVGP XQP %NCWFKWU GKP &QPCVKX XQP #WTGK RTQ /CPP

7566

7567 1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ 0GOGUKU IGJV T OKV %CFWEGWU FCXQT 5EJNCPIG $/% %CNKEQ %QJ 4+%w 4 -N 5EJÒTHURWT XQT\ÒINKEJ

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 6GORGN KP GKPGO 2T·VQTKCPGTNCIGT FGUUGP #WGPOCWGTP FKG #WHUEJTKHV +/2'4 4'%'26 VTCIGP KO 6GORGN .GIKQPUCFNGT WPF 5QNFCV OKV 5RGGT $/% %CNKEQ %QJ 4+%w 44 5GJT UEJÌP

&KG 4ÒEMUGKVGPFCTUVGNNWPI GTKPPGTV CP FCU ,CJT CNU FKG 2TCGVQTKCPGT %NCWFKWU PCEJ FGT 'TOQTFWPI UGKPGU 0GHHGP )CKWU %CNKIWNC \WO -CKUGT CWUTKGHGP 5KG GTJKGNVGP XQP %NCWFKWU GKP &QPCVKX XQP #WTGK RTQ /CPP #WEJ KO XKGTVGP ,CJT UGKPGT 4GIKGTWPI YKTF PQEJ FCTCWH $G\WI IGPQOOGP

7568

7569

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ 0GOGUKU UVGJV T OKV %CFWEGWU FCXQT 5EJNCPIG $/% %CNKEQ %QJ 4+%w -N 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5234 2 2 1$ %5 KP 'KEJGPMTCP\ $/% %CNKEQ %QJ 4+%w (CUV UGJT UEJÌP

7570

WPF #ITKRRKPC HKNKC Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T OKV JTGPMTCP\ $/% %CNKEQ %QJ 4+%w /KP IGYGNNV UGJT UEJÌP &KG LÒPIGTG #ITKRRKPC 6QEJVGT FGU )GTOCPKEWU YWTFG KP 1RRKFWO 7DKQTWO IGDQTGP &CJGT NKG UKG FKG 5VCFV KO ,CJT \WT %QNQPKC %NCWFKC #TC #ITKRRKPGPUKWO FGO JGWVKIGP -ÌNP GTJGDGP

1,5:1

7571

1,5:1

HÒT #ITKRRKPC HKNKC WPF 0GTQ Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG FGT #ITKRRKPC T OKV JTGPMTCP\ &TCRKGTVG $ÒUVG FGU 0GTQ N $/% %CNKEQ FKGU 'ZGORNCT CDIGDKNFGV %QJ (K UEJGT KP 504 5 #PO FKGU 'ZGORNCT 4+%w 8QP CNNGTITÌVGT 5GNVGPJGKV -PCRRGT 5EJTÌVNKPI IWVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GP VTWO -ÌNP 0T WPF FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T

7573

7572

HÒT 0GTQ Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T '38'56'4 14 &1 24+0 %+2+ +88'06 CWH 5EJKNF FCJKPVGT 5RGGT $/% %CNKEQ %QJ 4+%w 4 5GJT UEJÌP

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T '38'56'4 14 &1 24+0%+2+ +88'06 CWH 5EJKNF FCJKPVGT 5RGGT $/% %CNKEQ %QJ 4+%w 4 (CUUWPIUURWTGP MN -TCV\GT HCUV UGJT UEJÌP

1,5:1

7574

1,5:1

0GTQ Ô #WTGWU 4QO I -QRH T 'KEJGPMTCP\ FCTKP ': 5% WOJGT 5EJTKHV $/% %CNKEQ %QJ 4+%w 8QT\ÒINKEJGU 'ZGORNCT

7575

7576 1,5:1

Ô #WTGWU 4QO I -QRH T 'KEJGPMTCP\ FCTKP ': 5% WOJGT 5EJTKHV $/% %CNKEQ %QJ 4+%w 5GJT UEJÌP

Ô #WTGWU 4QO I -QRH T 'KEJGPMTCP\ FCTKP ': 5% WOJGT 5EJTKHV $/% %CNKEQ %QJ 4+%w 9KP\ -TCV\GT CWH FGO #XGTU UQPUV HCUV XQT\ÒINKEJ

7577

7578

1,5:1

Ô #WTGWU 4QO I -QRH T 8KTVWU UVGJV T OKV 2CTC\QPKWO WPF 5RGGT (W CWH 9CHHGP $/% %CNKEQ %QJ 4+%w 9KP\ 2TÒHURWT CO 4CPF IWVGU UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ )GUEJNQUUGPG 6ÒTGP FGU ,CPWUVGORGNU $/% %CNKEQ %QJ 4+%w 4 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T 7PVGT 0GTQ MQPPVGP FKG 6ÒTGP FGU ,CPWUVGORGNU KP 4QO IGUEJNQUUGP YGTFGP F J GU JGTTUEJVG (TKGFGP 5EJYKGTKI KUV FKG &CVKGTWPI FKGUGU 'TGKIPKUUGU PCEJ FGO <GWIPKU FGT /ÒP\GP IGUEJCJ GU KO ,CJTG PCEJ 5WGVQP KO ,CJTG

7579

7580

7582

7581

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UKV\V N OKV $NKV\ WPF <GRVGT $/% %CNKEQ %QJ 4+%w 5EJÌPpUGJT UEJÌP

&GO +WRRKVGT %WUVQU YCT 0GTQ PCEJ FGT 'PVFGEMWPI FGT 8GTUEJYÌTWPI FGU 2KUQ KO #RTKN 6CEKVWU #PP :8 HH DGUQPFGTU XGTDWPFGP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 2CTC\Q PKWO $/% %CNKEQ %QJ 4+%w 5EJÌPpUGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT OKV 2CVGTC WPF <GRVGT WPF -CKUGTKP OKV 2CVGTC WPF (ÒNNJQTP UVGJGP N $/% %CNKEQ %QJ 4+%w 5EJÌPpUGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %CNKEQ %QJ 4+%w 5EJÌPpUGJT UEJÌP

7583

7584

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %CNKEQ %QJ 4+%w 9KP\KIG (CUUWPIUURWTGP UGJT UEJÌP 5CNWU FGTGP -WNV KP 4QO PCEJ FGO 5COPKVGPMTKGI 'PFG FGU XKGTVGP ,CJTJWPFGTVU X %JT GKPIGHÒJTV YQTFGP YCT JCVVG KP FGT HTÒJGP -CKUGT\GKV XGTUEJKGFGPG $GFGWVWPIGP 7PVGT #WIWUVWU YWTFG FKG 5CNWU RWDNKEC FWTEJ FKG MQPMTG VGP 6CVGP FGU *GTTUEJGTU ICTCPVKGTV WPVGT 6KDGTKWU FWTEJ FCU #OV FGU -CKUGTU WPVGT 0GTQ UEJNKGNKEJ YCT FKG 5CNWU RWDNKEC OKV FGT 5CNWU #WIWUVK KFGPVKUEJ 5KGJG CWEJ .QTGP\ 9KPMNGT 5CNWU 8QO 5VCCVUMWNV \WT RQNKVKUEJGP +FGG 'KPG CTEJ·QNQIKUEJG 7PVGTUWEJWPI *GKFGNDGTI

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %CNKEQ %QJ 4+%w 5EJÌPpUGJT UEJÌP

7585

7585 1,5:1

WPF #ITKRRKPC HKNKC Ô #WTGWU 4QO I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT +P -TCP\ ': 5 % $/% %CNKEQ %QJ 4+%w 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

7586

7586 1,5:1

Ô #WTGWU 4QO I $ÒUVGP FGU 0GTQ WPF FGT #ITKRRKPC HKNKC T &KXWU #WIWUVWU WPF &KXWU %NCWFKWU KP 'NGHCPVGPSWCFTKIC N $/% %CNKEQ %QJ 4+%w 44 5GJT UEJÌP

7587

7588 1,5:1

)CNDC Ô #WTGWU 4QO I -QRH T 5234 1$ % 5 KP -TCP\ $ÒTIGTMTQPG $/% %CNKEQ %QJ 4+%w 44 (CUV UGJT UEJÌP &KGUG #WUICDG OKV FGT EQTQPC EKXKEC $ÒTIGTMTQPG FÒTHVG DCNF PCEJ FGO 6QF 0GTQU IGRT·IV YQTFGP UGKP 9CPP )CNDC FKGUG #WU\GKEJPWPI GTJKGNV KUV WPIGYK 9CJTUEJGKPNKEJ YWTFG UKG KJO CDGT DGK FGP (GNF\ÒIGP WPVGT %CNKIWNC IGIGP FKG )GTOCPGP QFGT WPVGT %NCWFKWU KP $TKVCPPKGP XGTNKGJGP

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KXKC UVGJV N OKV 2CVGTC WPF <GRVGT $/% %CNKEQ %QJ 4+%w (GKNURWTGP CO 4CPF UGJT UEJÌP

7589

7589 1,5:1

8KVGNNKWU Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 8GUVC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %CNKEQ C %QJ 4+%w 8QP CNNGTITÌVGT 5GNVGPJGKV (GKNURWTGP CO 4CPF \YGK MN 2TÒHRWP\GP YKP\ -TCV\GT 5EJÒTHURWT CWH FGO 4GXGTU HCUV UGJT UEJÌP

7590

7591

7592

7593

8GURCUKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF %CFWEGWU $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 6CTTCEQ I -QRH T OKV .QTDGGTMTCP\ 6TCWGTPFG ,WFCGC UKV\V T FCJKPVGT 6TQRJ·G $/% %CNKEQ %QJ 4+% 44 (CUV UGJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T 8GURCUKCP DGHCPF UKEJ KP #NGZCPFTKC CNU GT \WO -CKUGT CWUIGTWHGP YWTFG 'T YCT 1DGTMQOOCPFKGTGPFGT KO LÒFKUEJGP -TKGI FGP UGKP 5QJP 6KVWU UKGITGKEJ \W 'PFG HÒJTVG

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV T CWH )NQDWU OKV -TCP\ WPF 2CNO\YGKI $/% %CNKEQ %QJ XGTIN 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV T CWH )NQDWU OKV -TCP\ WPF 2CNO\YGKI $/% %CNKEQ %QJ 4+% 5EJÌPpUGJT UEJÌP

7594

7596

7595

7597

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N CWH 2QFGUV OKV 5VGWGTTW FGT WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+% 5EJÌPpUGJT UEJÌP

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ ,WPIMWJ FGU /[TQP T $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP #WH FGO 4GXGTU FKGUGT /ÒP\G KUV FCU DGTÒJOVGUVG -WPUVYGTM FGU /[TQP XQP 'NGWVJGTCK GKPGU 'T\IKGGTU FGU ,CJTJWPFGTVU XQT %JT FCTIGUVGNNV FKG ,WPIMWJ &KGUG JCV YKG YKT FWTEJ 2TQRGTVKWU YKUUGP #WIWUVWU PCEJ 4QO IGDTCEJV 8GURCUKCPWU NKG UKG KO 6GORGN FGT 2CZ CWHUVGNNGP 5EJNKGNKEJ IGNCPIVG FKGUGU -WPUVYGTM PCEJ %QPUVCP VKPQRQNKU YQ UKEJ UGKPG 5RWT XGTNKGTV

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ ,WPIMWJ FGU /[TQP T $/% %CNKEQ %QJ 4+% 5EJÌPpUGJT UEJÌP

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <GRVGT WPF 2CTC\Q PKWO XQP 8KEVQTKC DGMT·P\V $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

HÒT 6KVWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP CWH $CUKU $/% %CNKEQ %QJ XGTIN 4+% C (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC OKV -TCP\ WPF <YGKI UVGJV N CWH %KUVC O[UVKEC XQP \YGK 5EJNCPIGP WOIGDGP $/% %CNKEQ %QJ 4+% 4 -N 4CPFHGJNGT HCUV UGJT UEJÌP

7598

7599

&KG 4ÒEMUGKVG PKOOV GKPGP CWIWUVGKUEJGP 6[R 3WKPCT 4+% CWH FGT UEJQP XQP /CTE #PVQP CNNGTFKPIU OKV $CE EJWU XQTIGDKNFGV YCT %KUVQRJQT 5[F

7600

7601

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ #GVGTPKVCU UVGJV N OKV FGP -ÌRHGP XQP 5QN WPF .WPC FCXQT #NVCT $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF <GRVGT $/% %CNKEQ C %QJ 4+% 4 (CUV UGJT UEJÌP

7602

7602 1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V T OKV 5RGGT \YKUEJGP \YGK 8ÌIGNP FCXQT FKG 9ÌNHKP OKV 4QOWNWU WPF 4GOWU $/% %CNKEQ %QJ 4+% 5GJT UEJÌP &GT 4GXGTU ITGKHV FGP 6[R GKPGU TGRWDNKMCPKUEJGP &GPCTU YKGFGT CWH %TCYH 'T \GKIV 4QOC FKG ÒDGT FKG DGKFGP XQP GKPGT 9ÌNHKP IGU·WIVGP O[VJKUEJGP 5VCFVITÒPFGT YCEJV UQYKG \YGK 8ÌIGN XGTOWVNKEJ 4CDGP FKG IWVG 8QT\GKEJGP XGTMÒPFGP

7603

1,5:1

7604

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V T OKV 5RGGT \YKUEJGP \YGK 8ÌIGNP FCXQT FKG 9ÌNHKP OKV 4QOWNWU WPF 4GOWU $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UKV\V N OKV JTGP $/% %CNKEQ %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7606

7605

7608

7607

HÒT &QOKVKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2TKP\ TGKVGV N OKV GTJQDG PGT 4GEJVGP WPF <GRVGT $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (ÒNNJQTP $/% %CNKEQ %QJ 4+% 5EJÌPpUGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CTVJGT MPKGV T OKV TÌOKUEJGT 5VCPFCTVG $/% %CNKEQ %QJ 4+% 4 5EJÌPpUGJT UEJÌP &KG 4ÒEMUGKVGPFCTUVGNNWPI GKP XQP #WIWUVWU ÒDGTPQOOGPGT 6[R DG\KGJV UKEJ CWH GKP JÌEJUV DGOGTMGPUYGTVGU 'T GKIPKU GKPG )GUCPFVUEJCHV FGU 2CTVJGTMÌPKIU 8QNQICUGU DCV 8GURCUKCPWU CNUQ CWUIGTGEJPGV FGP TÌOKUEJGP 'TD HGKPF WO OKNKV·TKUEJG *KNHG IGIGP FKG #NCPGP &QOKVKCPWU DGOÒJVG UKEJ WO FKGUGU -QOOCPFQ

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CTVJGT MPKGV T OKV TÌOKUEJGT 5VCPFCTVG $/% %CNKEQ %QJ 4+% 4 5EJÌPpUGJT UEJÌP &KG 4ÒEMUGKVGPFCTUVGNNWPI GKP XQP #WIWUVWU ÒDGTPQOOGPGT 6[R DG\KGJV UKEJ CWH GKP JÌEJUV DGOGTMGPUYGTVGU 'T GKIPKU 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

7610 7609

7611

6KVWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ %GTGU UKV\V N OKV JTGP WPF (CEMGN $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP &KG /ÒP\G OW PCEJ FGO ,WNK IGRT·IV YQTFGP UGKP YGIGP FGT #PICDG 642 8+++ CDGT DGXQT 6KVWU FKG KORGTCVQTKUEJG #MMNCOCVKQP KP FGT \YGKVGP *·NHVG GTJKGNV

Ô #WTGWU 4QO I -QRH N OKV .QTDGGTMTCP\ &GNRJKP WO #PMGT IGYWPFGP $/% %C NKEQ %QJ 4+% D 5EJÌPpUGJT UEJÌP

HÒT &KXWU 8GURCUKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 7TPG CWH 5·WNG T WPF N .QTDGGT\YGKIG $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

7612 1,5:1

1,5:1

&QOKVKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 6TCWGTPFG )GTOCPKC UKV\V T CWH 5EJKNF WPVGP \GTDTQEJGPGT 5RGGT $/% %CNKEQ %QJ 4+% 4 (CUUWPIUURWTGP IWVGU UGJT UEJÌP

7613 1,5:1

1,5:1

Ô #WTGWU 4QO I -QRH T -CKUGT KP 3WCFTKIC N OKV .QTDGGT\YGKI WPF <GRVGT $/% %CNKEQ %QJ 4+% C 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7614

1,5:1

HÒT ,WNKC 6KVK Ô #WTGWU ! 4QO I &TCRKGTVG $ÒUVG T 2HCW UVGJV TCFUEJNCIGPF X X $/% #PO %CNKEQ %QJ 4+% 44 (CUUWPIUURWTGP UGJT UEJÌP

7615

7616

7617

7618

6TCKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTWFGT CWH 2TQTC WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTWFGT CWH 2TQTC WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+% (CUV UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 2CTC\Q PKWO $/% 5 #PO %CNKEQ %QJ 4+% 5GJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV *GTEWNGU UVGJV X X OKV -GWNG WPF .ÌYGPHGNN $/% XCT %CNKEQ %QJ XCT 4+% XCT (CUV UGJT UEJÌP

&KGUGT PGWG 6[R FGU ,CJTGU FÒTHVG CWH FGP URCPKUEJGP -WNV FGU *GTEWNGU )CFKVCPWU \WTÒEMIGJGP 6TCKCP UVCOOVG CWU 5RCPKGP

7619

7620

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TCKCP UVGJV X X OKV 5RGGT XQP 8KEVQTKC DGMT·P\V $/% %CNKEQ C %QJ 4+% 44 5GJT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N #EJVU·WNKIGT 6GORGN CWH FTGK UVWHKIGT $CUKU KO +PPGTGP 5VCVWG FGT *QPQU ! $/% #PO %CNKEQ XCT %QJ 4+% XCT 5GJT UEJÌP

7621

1,5:1

7623

7622

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (CUUCFG FGT $CUKNKEC 7NRKC $/% %CNKEQ %QJ XGTIN 4+% 4 -N 4CPFHGJNGT UGJT UEJÌP &KG $CUKNKMC 7NRKC FKG CWH FGO 6TCKCPUHQTWO UVCPF YCT OKV GKPGT .·PIG XQP O WPF GKPGT $TGKVG XQP O FKG ITÌVG LGOCNU KP 4QO GTDCWVG $CUKNKMC

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (TQPVCNCPUKEJV FGU (QTWO 6TCKCPK OKV UGEJU 5·WNGP FCTCWH UGEJUUR·PPKIGT 9CIGP \YKUEJGP \YGK )TWRRGP OKV LGYGKNU FTGK 2GTUQ PGP $/% %CNKEQ %QJ 4+% 4 (CUV UGJT UEJÌP &CU (QTWO 6TCKCPK YWTFG XQO #TEJKVGMVGP #RQNNQFQTQU XQP &COCUMQU IGRNCPV WPF CO ,CPWCT GKPIGYGKJV

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (TQPVCNCPUKEJV FGU (QTWO 6TCKCPK OKV UGEJU 5·WNGP FCTCWH UGEJUUR·PPKIGT 9CIGP \YKUEJGP \YGK )TWRRGP OKV LGYGKNU FTGK 2GTUQ PGP $/% %CNKEQ %QJ 4+% 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

1,5:1

7624

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU 5QN T OKV 5VTCJNGPDKPFG $/% %CNKEQ C %QJ 4+% 44 (CUV XQT\ÒINKEJ

7625

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )GPKWU UVGJV N OKV 2CVGTC WPF JTGP $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

7626

7626 1,5:1

4GUVKVWVKQP HÒT )CNDC Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% %CNKEQ %QJ 4+% 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

1,5:1

*CFTKCPWU Ô #WTGWU 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ %QPEQTFKC UKV\V N OKV 2CVGTC $/% %CNKEQ %QJ 4+% C 8QT\ÒINKEJGU 2TCEJVGZGORNCT

1,5:1

7627

7628

1,5:1

HÒT #PVQPKPWU + 2KWU Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UKV\V N OKV 2CVGTC FGP N 'NNDQIGP CWH 5VCVWG FGT 5RGU IGUVÒV\V WPVGT FGO 6JTQP (ÒNNJQTP $/% %CNKEQ %QJ XCT 4+% 44 8QT\ÒINKEJ

7629

1,5:1

7630

#PVQPKPWU + 2KWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UKV\V N CWH 2NCVVHQTO FCXQT UVGJV .KDGTCNKVCU N OKV #DCEWU WPF (ÒNNJQTP N 6QICVWU $/% XCT %CNKEQ XCT %QJ XCT 4+% XCT 4 -N -TCV\GT UGJT UEJÌP

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV )NQDWU $/% %CNKEQ %QJ 4+% (CUV XQT\ÒINKEJ

7631

1,5:1

7632

HÒT (CWUVKPC OCVGT Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UKV\V N OKV 2CVGTC FGP N 'NNDQIGP CWH 5VCVWG FGT 5RGU IGUVÒV\V WPVGT FGO 6JTQP (ÒNNJQTP $/% %CNKEQ %QJ 4+% C 4 5GJT UEJÌP

HÒT &KXC (CWUVKPC OCVGT Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T (QTVWPC UVGJV N OKV 2CVGTC WPF 5VGWGTTWFGT $/% %CNKEQ C %QJ 4+% C 9KP\ 4CPFHGJNGT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 29

7633

7634

7635

7636

1,5:1

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T %GTGU UVGJV N OKV \YGK (CEMGNP $/% %CNKEQ %QJ 4+% C 5GJT UEJÌP

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T 8GPWU ! UVGJV N OKV CWUIGUVTGEMVGT 4GEJVGP $/% 5 #PO %CNKEQ %QJ 4+% /KP (CUUWPIUURWTGP FGPPQEJ CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T (QTVWPC UVGJV N OKV 2CVGTC WPF 5VGWGTTWFGT CWH )NQDWU $/% %CNKEQ %QJ 4+% #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

Ô #WTGWU PCEJ 4QO I &TCRKGTVG $ÒUVG T (QTVWPC UVGJV N OKV 2CVGTC WPF 5VGWGTTWFGT CWH )NQDWU $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

7637

7638

1,5:1

HÒT (CWUVKPC HKNKC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV X X OKV (ÒNNJQTP -QRH N $/% #PO %CNKEQ XCT %QJ XCT 4+% C XCT 5GJT CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T 8GPWU UVGJV N OKV #RHGN WPF 5VGWGTTWFGT WO FCU UKEJ GKP &GNRJKP YKPFGV $/% %CNKEQ E %QJ 4+% E 5GJT UEJÌP

1,5:1

7639

1,5:1

HÒT /CTEWU #WTGNKWU Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T 8KTVWU UVGJV T OKV 5RGGT WPF 2CTC\QPKWO (W CWH *GNO $/% %CNKEQ %QJ 4+% D (CUV XQT\ÒINKEJ

7640

7641

#PVQPKPWU ++ /CTEWU #WTGNKWU Ô #WTGWU 4QO I )GRCP\GTVG $ÒUVG T /CTEWU #WTGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF $/% #PO %CNKEQ %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFW EGWU WPF <GRVGT $/% %CNKEQ C %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7642

1,5:1

HÒT (CWUVKPC HKNKC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG N &KCPC UVGJV N OKV (CEMGN $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

7643

7644 1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T -[DGNG UKV\V T OKV 6[ORCPQP \YKUEJGP \YGK .ÌYGP $/% %CNKEQ %QJ 4+% 4 5GJT UEJÌP

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T 5CNWU UKV\V N WPF HÒVVGTV 5EJNCPIG $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

1,5:1

7646

HÒT .WEKNNC Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T 2KGVCU UKV\V N OKV 9GKJTCWEJDQZ FCXQT #NVCT $/% 5 #PO %CNKEQ %QJ 4+% #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

7647

1,5:1

.WEKWU 8GTWU Ô #WTGWU 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %CNKEQ %QJ 4+% (CUUWPIUURWTGP YKP\ -TCV\GT XQT\ÒINKEJ

7646

7645

1,5:1

7647

5GRVKOKWU 5GXGTWU HÒT ,WNKC &QOPC Ô #WTGWU .CQFKEGC CF OCTG ! I &TCRKGTVG $ÒUVG T #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% 5 #PO %CNKEQ FKGU 'ZGORNCT %QJ 4+% 44 5GJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP 0#% 1 <ÒTKEJ 0T &GT 5VKN FGU 5VÒEMGU KUV CWEJ HÒT .CQFKEGC CF OCTG WPIGYÌJPNKEJ OÌINKEJGTYGKUG JCPFGNV GU UKEJ WO FCU 2TQFWMV GKPGT KTTGIWN·TGP ÌUVNKEJGP /ÒP\UV·VVG

1,5:1

7648

1,5:1

#PVQPKPWU +++ %CTCECNNC WPF )GVC Ô #WTGWU 4QO I #0610+0 2+85 #8) 210 64 2 8 &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2 5'26 )'6# %#'5 2106 &TCRKGTVG $ÒUVG T $/% %CNKEQ %QJ 4+% 8QP CNNGTITÌVGT 5GNVGPJGKV 8QT\ÒINKEJ 'ZGORNCT FGT #WMVKQP 6TKVQP 8+ 0GY ;QTM 0T WPF FGT #WMVKQP 8KPEJQP 2CTKU 0T

1,5:1

7649

1,5:1

#PVQPKPWU +8 'NCICDCN Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF <GRVGT $/% %CNKEQ C %QJ 4+% 44 8QT\ÒINKEJ HCUV XQT\ÒINKEJ

7650

7651

WPF 4JGUMWRQTKU +++ XQP $QURQTWU 'N 5VCVGT ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T OKV &KCFGO WPF <GRVGT (TQNQXC 2N :.8++ )WVGU UGJT UEJÌP

5GXGTWU #NGZCPFGT WPF -QV[U +++ XQP $QURQTWU 'N 5VCVGT ,CJT I -QRH T OKV .QTDGGTMTCP\ T 5VGTP &TCRKGTVG $ÒUVG T OKV &KCFGO (TQNQXC XGTIN 2N .+8 HH 8QT\ÒINKEJ

1,5:1

7652

)QTFKCPWU +++ Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5QN UVGJV N OKV GTJQDGPGT 4GEJVGP WPF )NQDWU %QJ XGTIN 4+% 8QT\ÒINKEJ

7653

)CNNKGPWU Ô #WTGWU /GFKQNCPWO I -QRH T 'DGT T %CNKEQ /+4 # 4+% 8QP ITQGT 5GNVGPJGKV )GUVQRHVGU .QEJ 4GXGTU .ÌVURWTGP HCUV UGJT UEJÌP UGJT UEJÌP 'KP ITQGT 6GKN FKGUGT 5QPFGTCWTGK YGPP PKEJV UQICT CNNG 5VÒEMG UVCOOV OKV JQJGT 9CJTUEJGKPNKEJMGKV CWU 5EJOWEM UVÒEMGP &GT KPVGTGUUCPVG 4GXGTU DG\KGJV UKEJ CWH FKG 5EJKHHUTGKUG FGU -CKUGTU FKG &QPCW JKPCD )CNNKGPWU VTCV PQEJ IG UEJY·EJV FWTEJ GKPG 8GTYWPFWPI CWU FGO -TKGI IGIGP 2QUVWOWU UGKPG 4GKUG PCEJ #VJGP CP CD #SWKPEWO FGO JGW VKIGP $WFCRGUV TGKUVG GT RGT 5EJKHH &KG 5GTKG XQP #WTGK CWU FGT WPUGT 5VÒEM UVCOOV JCV FTGK 4GXGTUV[RGP )CNGGTG 'DGT WPF 2GICUWU &GT 'DGT KUV JKGT FCU 5[ODQN FGT .GIKQ + KVCNKEC FGT 2GICUWU UVGJV HÒT FKG .GIKQ ++ CFKWVTKZ DGKFG 'KPJGKVGP YCTGP CP FGT &QPCW UVCVKQPKGTV

7654

2QUVWOWU Ô #WTGWU %QNQPKC I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 6TQRJ·G ! WPF <GRVGT %CNKEQ %QJ 'NOGT 4+% 5EJWNVG 44 5EJÌP

1,5:1

7657

1,5:1

2TQDWU Ô #WTGWU %[\KEWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGK VGV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT FCXQT IGJV 8KEVQTKC N OKV -TCP\ WPF 2CNO\YGKI %CNKEQ C %QJ 2KPM #WHDCW 5 4+% XCT 44 8QT\ÒINKEJGU 'ZGORNCT

1,5:1

7656

Ô #WTGWU 6KEKPWO 'OKUUKQP I )GRCP\GTVG $ÒUVG N OKV .QTDGGTMTCP\ 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI %CNKEQ %$0 5 %QJ 4+% -N 4CPFHGJNGT OKP DGCTDGKVGV XQT\ÒINKEJ

1,5:1

6CEKVWU Ô #WTGWU .WIFWPWO 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ 2CZ UVGJV N OKV <YGKI WPF <GRVGT %CNKEQ %$0 5 %QJ 4+% -N 5EJTÌVNKPIUTK XQT\ÒINKEJ HCUV XQT\ÒINKEJ

1,5:1

7655

7658

1,5:1

%CTWU HÒT %CTKPWU Ô #WTGWU 5KUEKC I / #84 %#4+085 01$ %#'5 &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8+%61 4+# #8) 8KEVQTKC CWH )NQDWU N OKV -TCP\ WPF 6TQ RJ·G %CNKEQ %QJ 4+% 44 #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT %CTKPWU YWTFG \WUCOOGP OKV UGKPGO $TWFGT 0WOGTKCPWU XQP UGKPGO 8CVGT DGK FGUUGP 4GIKGTWPIUCPVTKVV \WO %CGUCT CNUQ \WO -TQPRTKP\GP CWUIGTWHGP <W WPUGTGO 5VÒEM IKDV GU GKPG 2CTCNNGNCWUICDG XQP %CTWU 4+% OKV GZCMV FGT INGKEJGP 4ÒEMUGKVG FGT 8KEVQTKC *KGT YWTFG XGTOWVNKEJ FGT 5KGI ÒDGT FKG 2GTUGT WPF FKG 'KPPCJOG XQP -VGUKRJQP IGHGKGTV FGT %CTWU WPF CWEJ %CTKPWU FGP 6KVGN 2GTUKEWU OCZKOWU GKPDTCEJVG %CTKPWU ICNV FGO 'WVTQRKWU CNU IGYKU UGPNQUGT #WUDWPF FGT <ÒIGNNQUKIMGKV GT DG\GKEJPGV KJP CNU XKGNHCEJGP /ÌTFGT WPF 8GTIGYCNVKIGT FGT &COGP FGU #FGNU UGNDUV XQT UGKPGP 5EJWNHTGWPFGP OCEJVG GT MGKPGP *CNV #WEJ KP FGT *KUVQTKC #WIWUVC YKTF DGTKEJVGV FC GT PGWPOCN XGTJGKTCVGV YCT &KGUG PGICVKXG 2TQRCICPFC FÒTHVG HTGKNKEJ XQP &KQENGVKCPWU KP FKG 9GNV IGUGV\V YQTFGP UGKP

7659

1,5:1

,WNKCPWU KP 2CPPQPKGP Ô #WTGWU 5KUEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF (ÒNNJQTP FCJKPVGT 5VGTP %CNKEQ %QJ 4+% 8QP ITQGT 5GNVGPJGKV 8QT\ÒINKEJGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP .GQ *CODWTIGT (TCPMHWTV XQO 0T ªDGT ,WNKCP XQP 2CPPQPKGP DGTKEJVGP PWT #WTGNKWU 8KEVQT FKG 'RKVQOG FG %CGUCTKDWU WPF <QUKOQU YQDGK FGT 'RKVQ OCVQT 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 CWU UEJNKGNKEJ 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

7660

7660 1,5:1

&KQENGVKCPWU Ô #WTGWU 6TGXGTK I -QRH T OKV .QTDGGTMTCP\ *GTEWNGU T J·NV *KTUEJ CO )GYGKJ %CNKEQ %QJ 4+% C 44 5GJT UEJÌP

7661

1,5:1

/CZKOKCPWU + Ô #WTGWU %[\KEWU I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV 5RGGT \YKUEJGP XKGT 5VCPFCTVGP %CNKEQ 4+% 8QT\ÒINKEJ

7663

7664

7662

7662 1,5:1

/CZKOKCPWU ++ )CNGTKWU HÒT )CNGTKC 8CNGTKC Ô #WTGWU 5KUEKC I &TC RKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN 8GPWU UVGJV N OKV #RHGN %CNKEQ 4+% 44 .GKEJV IGYGNNV GVYCU DGCTDGKVGV UGJT UEJÌP

%QPUVCPVKPWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU I -QRH T OKV 4QUGVVGPFKCFGO 8KEVQ TKC UKV\V T CWH 2CP\GT WPF UEJTGKDV CWH 5EJKNF FGT XQP IGHNÒIGNVGO )GPKWU IGJCNVGP YKTF 816 :: 4+% 4 )GNQEJV -TCV\GT HCUV UGJT UEJÌP

%QPUVCPVKWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I -QRH T OKV 2GTNFKCFGO 4QOC WPF %QPUVCPVKPQRQNKU UKV\GP GKPCPFGT IGIGPÒDGT WPF JCNVGP 5EJKNF OKV 816 :::: 4+% 4 -N -TCV\GT CWH FGO #XGTU IWVGU UGJT UEJÌP

7665

7666

HÒT %QPUVCPVKWU )CNNWU Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T 4QOC WPF %QPUVCPVKPQRQNKU JCNVGP 5EJKNF OKV 81 6+5 8 4+% 44 )TCHHKVQ CWH FGO #XGTU UEJÌPpUGJT UEJÌP

,WNKCPWU ++ #RQUVCVC Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5QNFCV OKV 6TQRJ·G T NGIV *CPF CWH )GHCPIGPGP 4+% 4 5GJT UEJÌP

7667

7668 1,5:1

,QXKCPWU Ô 5QNKFWU .WIFWPWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC WPF %QPUVCPVKPQRQNKU UKV\GP X X WPF JCNVGP 5EJKNF OKV FGT #WHUEJTKHV 816 8 /8.6 : 4+% 44 9KP\KIG (CUUWPIUURWTGP UGJT UEJÌP

8CNGPVKPKCPWU + Ô 5QNKFWU #PVKQEJKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU 4+% D 5GJT UEJÌP

1,5:1

7669

1,5:1

Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% D 9KP\ 5EJTÌVNKPIUTK XQT\ÒINKEJGU 'ZGORNCT

7671 7670

7672

8CNGPU Ô 5QNKFWU 0KEQOGFKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTN FKCFGO -CKUGT UVGJV T OKV .CDCTWO WPF 8KEVQTKC CWH )NQDWU 4+% F $GUEJPKVVGP UEJÌPpUGJT UEJÌP

8CNGPVKPKCPWU ++ Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% C -N 4CPFHGJNGT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

6JGQFQUKWU + Ô 5QNKFWU 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO <YGK -CKUGT UKV\GP X X OKV )NQDWU FCJKPVGT 8KEVQTKC 4+% 4 -N -TCV\GT UGJT UEJÌP

7674

7673

7675

7676

#TECFKWU Ô 5QNKFWU /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU (W CWH )GHCPIGPGO 4+% D )WVGU UGJT UEJÌP

*QPQTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU (W CWH 2TQTC 4+% (CUV XQT\ÒINKEJ

Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCP FCTVG WPF 8KEVQTKC CWH )NQDWU (W CWH )GHCPIGPGO 4+% .GKEJV IGYGNNV UGJT UEJÌP

Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV 5VCP FCTVG WPF 8KEVQTKC CWH )NQDWU (W CWH )GHCPIGPGO 4+% -TCV\GT CWH FGO #XGTU UGJT UEJÌP

1,5:1

7677

1,5:1

,QJCPPGU Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO -CKUGT UVGJV T OKV 5VCPFCTVG WPF 8KEVQTKC CWH )NQDWU (W CWH )GHCPIGPGO 4+% 8QP ITQGT 5GNVGPJGKV -N $GCTDGKVWPIUURWTGP CO 4CPF FGPPQEJ UGJT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV UEJÌPGT 6ÌPWPI

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

7678

7679

7680

6JGQFQUKWU ++ 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 8QT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 6JGQ FQUKWU UKV\V X X OKV /CRRC WPF -TGW\\GRVGT FCPGDGP UVGJV 8CNGPVKPKCPWU +++ OKV /CRRC WPF -TGW\ \GRVGT 4+% 4 &QRRGNUEJNCI CWH FGO #XGTU MN -TCV\GT UGJT UEJÌP

1,5:1

7681

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V N OKV -TGW\INQDWU WPF <GRVGT FCJKPVGT 5VGTP 4+% /KP IGYGNNV UGJT UEJÌP

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 8KEVQTKC OKV -TCP\ WPF -TGW\INQDWU X X T 5VGTP 4+% )WVGU UGJT UEJÌP XQT\ÒINKEJ

7683

7682

7684

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

Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 4QUGVVGPFKCFGO -CKUGT UVGJV X X OKV .CPIMTGW\ WPF 8KEVQTKC CWH )NQDWU (W CWH OGPUEJGPMÌRHKIGT 5EJNCPIG 4+% XCT )GNQEJV UGJT UEJÌP

7685 1,5:1

1,5:1

HÒT )CNNC 2NCEKFKC Ô 5QNKFWU 4CXGPPC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO IG MTÌPV XQP FGT *CPF )QVVGU 8KEVQTKC UVGJV N OKV .CPIMTGW\ 4+% 44 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T #GNKC )CNNC 2NCEKFKC GKPG 6QEJVGT FGU 6JGQFQUKWU + WPF FGT )CNNC GKPG *CNDUEJYGUVGT FGT -CKUGT #TECFKWU WPF *QPQ TKWU YWTFG WO IGDQTGP +O ,CJTG YWTFG UKG XQP FGP )QVGP CNU )GKUGN IGPQOOGP JGKTCVGVG UKG FGP )QVGPMÌPKI #VCWNH 0CEJ FGUUGP 6QF \WP·EJUV YKGFGT GKPG )GKUGN YWTFG UKG IGIGP /QFKK )GVTGKFG XQP FGP $CTDCTGP HTGKIGNCUUGP WPF JGKTCVGVG FGP )GPGTCN %QPUVCPVKWU FGT FGP 2WTRWT CP UKEJ TK (ÒT KJTGP 5QJP 8C NGPVKPKCPWU +++ FGT CNU UGEJUL·JTKIGT FGP 6JTQP DGUVKGI HÒJTVG UKG \YÌNH ,CJTG NCPI FKG 4GIKGTWPIUIGUEJ·HVG +P 4CXGPPC JCV )CNNC 2NCEKFKC XKGNG \WO 6GKN PQEJ JGWVG GTJCNVGPG UCMTCNG $CWVGP GTTKEJVGP NCUUGP

7686

7687

7688

/CTEKCPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV .CPIMTGW\ T 5VGTP 4+% 4 -N -TCV\GT OKP IGYGNNV IWVGU UGJT UEJÌP

.GQ + Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV .CPIMTGW\ FCJKPVGT 5VGTP 4+% -N -TCV\GT CWH FGO #XGTU HCUV XQT\ÒINKEJ

$CUKNKUEWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV .CPIMTGW\ FCJKPVGT 5VGTP 4+% 4 $GUEJPKVVGP UGJT UEJÌP

$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 XGTJWP IGTP

8¤.-'49#0&'470)

7690

7689 1,5:1

9'56)16'0

5KUGDWV Ô 6TGOKUUKU 'OGTKVC /GTKFC I $GKFGTUGKVU $ÒUVG X X /KNGU D 8QT\ÒINKEJ

6JGQFGTKEJ Ô 6TGOKUUKU OKV 0COGP #PCUVCUKWU + 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KEVQTKC UVGJV X X OKV -TCP\ WPF -TGW\INQDWU T XKGNUVTCJNKIGT 5VGTP *CJP /+$ -TCWU XGTIN /GVNKEJ -N -TCV\GT WPF )TCHHKVK UGJT UEJÌP

156)16'0

$;<#06+0+5%*' )1.&24 )70)'0

7691

7692 1,5:1

$;<#0<

#PCUVCUKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV .CPIMTGW\ FCJKPVGT 5VGTP &1% F 5GCT -N &TWEMUVGNNG CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV %JTKUVQITCOOUVCD FCXQT 5VGTP &1% F 5GCT -N -TCV\GT UQPUV XQT\ÒINKEJGU 'ZGORNCT

7695 7693

7694

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV %JTKUVQITCOOUVCD FCXQT 5VGTP &1% L 5GCT 5GJT 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% L 5GCT &TWEMUVGNNG UGJT UEJÌP

Ô 5GOKU %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 4 .GKEJV IGYGNNV UGJT UEJÌP

1,5:1

7696

1,5:1

,WUVKPWU + Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT 8KEVQTKC UVGJV N OKV %JTKUVQITCOOUVCD FCXQT 5VGTP &1% J 5GCT .GKEJVG 2T·IGUEJY·EJG CO 4CPF UQPUV UVGORGNHTKUEJ

7697

7698 1,5:1

+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 (CUV XQT\ÒINKEJ IWVGU 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% J 5GCT -TCV\GT CWH FGO 4GXGTU UQPUV DTGKVGU XQT\ÒINKEJGU 'ZGORNCT

7699

7700 1,5:1

,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% I 5GCT 4QUVKIGT #XGTUUVGORGN XQT\ÒINKEJGU 'ZGORNCT

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% I 5GCT )TCHHKVQ CWH FGO #XGTU UQPUV HCUV UVGORGNHTKUEJGU 'ZGORNCT

7703 7701

7702

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 8KEVQTKC CWH )NQ DWU WPF 5EJKNF %QPUVCPVKPQRQNKU UKV\V X X OKV <GRVGT WPF -TGW\INQDWU &1% K 5GCT -N )TCHHKVQ CWH FGO 4GXGTU XQT\ÒINKEJ

6KDGTKWU ++ %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )G RCP\GTVG $ÒUVG X X OKV -TQPG -TGW\INQDWU WPF 5EJKNF -TGW\ CWH XKGT 5VWHGP &1% D 5GCT 8QT\ÒINKEJ

Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO -TGW\ &1% 5GCT .GKEJV IGYGNNV MN -TCV\GT CWH FGO #XGTU UGJT UEJÌP

7704

7705 1,5:1

/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% I 5GCT 8QT\ÒINKEJ

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% K 5GCT -N -TCV\GT CWH FGO 4CPF HCUV UVGORGNHTKUEJGU 'ZGORNCT

7706

7708

7707

7709

Ô 5GOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 8KEVQTKC IGJV T OKV -TGW\INQDWU WPF -TCP\ &1% C 5GCT 4 )WVGU UGJT UEJÌP

2JQECU 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 -N 2T·IGUEJY·EJG XQT\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% G 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% G 5GCT -N 5VGORGNDTWEJ CWH FGO #XGTU NGKEJVG 2T·IGUEJY·EJG XQT\ÒINKEJ

7711

7710

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% G 5GCT &QRRGNUEJNCI CWH FGO 4GXGTU UQPUV DTGKVGU XQT\ÒINKEJGU 'ZGORNCT

*GTCENKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\INQDWU WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP &1% D 5GCT )WVGU UGJT UEJÌP

1,5:1

7712

1,5:1

WPF *GTCENKWU %QPUVCPVKPWU Ô 5QNKFWU FKEM +PFKMVKQP! -CTVJCIQ I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% 5GCT 4 -N 4CPFHGJNGT XQT\ÒINKEJ

7713

7714

7715

7716

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% E 5GCT 8QT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP &1% K 5GCT 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

OKV *GTCENKWU %QPUVCPVKPWU WPF *GTCENQPCU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TGK -CKUGT UVGJGP X X -TGW\ CWH FTGK 5VWHGP &1% QJPG FKGUG 1HHK\KP 5GCT 'VYCU TQUVKIGT #XGTUUVGORGN MN -TCV\GT CWH FGO 4GXGTU UQPUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TGK -CKUGT UVGJGP X X -TGW\ CWH FTGK 5VWHGP &1% J 5GCT 8QT\ÒINKEJ

7717

7718 1,5:1

%QPUVCPU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% D 5GCT -N 2T·IGUEJY·EJG UQPUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% D 5GCT 2TCEJVGZGORNCT XQT\ÒINKEJpUVGORGNHTKUEJ

7719

7721

7720

7722

7719 1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% F 5GCT .GKEJVG 2T·IGUEJY·EJGP XQT\ÒINKEJ

OKV %QPUVCPVKPWU +8 *GTCENKWU WPF 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP \YKUEJGP \YGK 2TKP\GP &1% E 5GCT 8QT\ÒINKEJ HCUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $GKFGT $ÒUVGP X X -TGW\ CWH FTGK 5VWHGP \YKUEJGP \YGK 2TKP\GP &1% H 5GCT (CUV XQT\ÒINKEJ

%QPUVCPVKPWU +8 Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP &1% 5GCT 4 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJGU 'ZGORNCT OKV UEJÌPGT 6ÌPWPI

7723

7725

7724

7724 1,5:1

Ô 5GOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV &KCFGO -TGW\ CWH )NQDWU &1% 5GCT /KP IGYGNNV UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

OKV *GTCENKWU WPF 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF 5RGGT -TGW\ CWH FTGK 5VWHGP \YKUEJGP \YGK -CKUGTP &1% H 5GCT 8QT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5EJKNF WPF 5RGGT -TGW\ CWH FTGK 5VWHGP \YKUEJGP \YGK 2TKP\GP &1% G 5GCT 2T·IGUEJY·EJG CO 4CPF UQPUV HCUV XQT\ÒINKEJ

1,5:1

7726

1,5:1

Ô 5QNKFWU FKEM -CTVJCIQ I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU <YGK $ÒUVGP X X OKV -TGW\INQDWU FC\YKUEJGP -TGW\ CWH FTGK 5VWHGP &1% 5GCT # 44 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

7727

7728

1,5:1

+WUVKPKCPWU ++ 4GIKGTWPI Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $Ò UVG %JTKUVK X X -CKUGT UVGJV X X OKV -TGW\ CWH \YGK 5VWHGP WPF #MCMKC &1% QJPG FKGUG 1HHK\KP 5GCT 44 .GKEJV IGFTÒEMV 2T·IGUEJY·EJG UGJT UEJÌP

&KG GTUVG %JTKUVWUFCTUVGNNWPI CWH GKPGT /ÒP\G

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $ÒUVG %JTKUVK X X -CKUGT UVGJV X X OKV -TGW\ CWH \YGK 5VWHGP WPF #MCMKC &1% H 5GCT 44 -N )TCHHKVK HCUV XQT\ÒINKEJ &KG GTUVG %JTKUVWUFCTUVGNNWPI CWH GKPGT /ÒP\G

7729

1,5:1

7729

.GQPVKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $ÒUVG X X OKV -TQPG #MCMKC WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% J 5GCT 4 2T·IGUEJY·EJG CO 4CPF FGPPQEJ CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT &GT +UCWTKGT .GQPVKWU JCVVG WPVGT UGKPGP 8QTI·PIGTP GKPG IN·P\GPFG OKNKV·TKUEJG -CTTKGTG IGOCEJV WPF KPUDGUQPFGTG FKG #TCDGT OGJTHCEJ IGUEJNCIGP OCEJVG LGFQEJ +WUVKPKCPWU ++ .GQPVKWU HÒT FKG 0KGFGTNCIG DGK 5GDCUVQRQNKU XGT CPVYQTVNKEJ WPF NKG KJP GKPMGTMGTP +P FGP HQNIGPFGP ,CJTGP XGTUEJNGEJVGTVG UKEJ FKG OKNKV·TKUEJG .CIG FGU 4GKEJGU WPF YWTFG .GQPVKWU DGHTGKV WPF \WO 5VTCVGIQU XQP *GNNCU GTPCPPV 'T QTICPKUKGTVG OKV ITQGT 7PVGTUVÒV\WPI GKPG 4GDGNNKQP IGIGP +WUVKPKCPWU ++ WPF UGV\VG KJP CD 0CEJFGO FKG #TCDGT -CTVJCIQ GKPPGJOGP MQPPVGP WPF FKG OKV FGT 4ÒEMGTQDGTWPI DGVTCWVGP 6TWRRGP GTHQNINQU DNKGDGP MCO GU \W GKPGT 4GXQNVG FKG \WT #DUGV\WPI FGU .GQP VKWU HÒJTVG

1,5:1

7730

6KDGTKWU +++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG 5RGGT WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP &1% E 5GCT 4 -PCRRGT 5EJTÌVNKPI &TWEMUVGNNG XQT\ÒINKEJ

7731

1,5:1

7730

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 8QT\ÒINKEJGU 2TCEJVGZGORNCT 'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

7732

7733

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% H 5GCT 4 -N -TCV\GT CWH FGO 4GXGTU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

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 -CK UGT 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

#PCUVCUKWU ++ #TVGOKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I $ÒUVG X X OKV -TGW\INQDWU WPF #MCMKC -TGW\ CWH FTGK 5VWHGP &1% D 5GCT 44 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

#O ,WPK YWTFG 2JKNKRRKEWU XQP #PJ·PIGTP FGU #PCUVCUKWU ++ IGDNGPFGV WPF KPU 'ZKN IGUEJKEMV #O HQNIGPFGP 6CI DGUVKGI #PCUVCUKWU ++ FGP 6JTQP <YGK CP FGT #DUGV\WPI FGU 2JKNKRRKEWU OCIGDNKEJ DGVGKNKIVG /·PPGT 6JGQFQ TQU /[CEGU WPF )GQTIKQU $QWTCRJWU NKG FGT PGWG -CKUGT MWT\ FCTCWH GDGPHCNNU DNGPFGP WPF KPU 'ZKN UEJKEMGP #PCUVCUKWU ++ XGTUV·TMVG FKG $GHGUVKIWPIGP FGT *CWRVUVCFV WPF IKPI IGIGP FKG $GFTQJWPI FWTEJ FKG #TCDGT XQT &KG 5QNFCVGP GKPGT XQP KJO KP 4JQFQU UVCVKQPKGTVGP (NQVVG TGDGNNKGTVGP UEJNKGNKEJ WPF \YCPIGP KJP \WT #DFCPMWPI XGTUWEJVG GT OKV DWNICTKUEJGT 7PVGTUVÒV\WPI XGTIGDNKEJ FKG /CEJV \WTÒEM\WIGYKPPGP WPF YWTFG GPVJCWRVGV

7734

7735

.GQ +++ WPF %QPUVCPVKPWU 8 Ô 5QNKFWU %QPUVCPVKPQRQNKU I $GKFGTUGKVU FTCRKGTVG $ÒUVG X X OKV -TGW\INQDWU WPF /CRRC &1% G 5GCT #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

%QPUVCPVKPWU 8 WPF .GQ +8 Ô 5QNKFWU %QPUVCPVKPQRQNKU I $GKFGTUGKVU FTCRKGTVG $ÒUVG X X OKV -TGW\ WPF /CRRC &1% G 5GCT #XGTU NGKEJV FG\GPVTKGTV HCUV XQT\ÒINKEJ

7736

7737

1,5:1

Ô 5QNKFWU %QPUVCPVKPQRQNKU I $GKFGT $ÒUVGP X X $ÒUVG .GQU +++ X X OKV -TGW\ &1% F 5GCT 8QT\ÒINKEJGU 'ZGORNCT

Ô 5QNKFWU 5[TCMWU I $GKFGT $ÒUVGP X X $ÒUVG .GQU +++ X X &1% E 5GCT 44 8QT\ÒINKEJp5VGORGNINCP\

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

1,5:1

7738

1,5:1

0KEGRJQTWU + WPF 5VCWTCEKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG X X OKV -TQPG -TGW\ WPF #MCMKC &TCRKGTVG $ÒUVG X X OKV -TQPG -TGW\INQDWU WPF #MCMKC &1% C 5GCT 4 (CUV XQT\ÒINKEJ 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP &GWVUEJNCPF )OD* 5VWVVICTV 0T

7739 1,5:1

7740

6JGQRJKNWU Ô 5QNKFWU 5[TCMWU I &TCRKGTVG $ÒUVG X X OKV -TGW\ WPF -TQPG &TCRKGTVG $ÒUVG X X OKV -TGW\INQDWU WPF -TQPG &1% 5GCT 8QT\ÒINKEJ

/KEJCGN +++ WPF 6JGQFQTC Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X &1% 5GCT 4 -N $GCTDGKVWPIUURWTGP CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

7741

1,5:1

7742

$CUKNKWU + WPF %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

%QPUVCPVKPWU 8++ WPF 4QOCPWU + Ô 5QNKFWU ! %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% XGTIN #XGTU D\Y 4GXGTU 5GCT XGTIN 44 (CUV XQT\ÒINKEJ

&GT #XGTU FGU 5VÒEMGU GPVURTKEJV FGP \YKUEJGP WPF IGRT·IVGP 5VÒEMGP &1% FGT 4GXGTU FGP CD IGRT·IVGP /ÒP\GP &1% FGPP 4QOCPWU OÌINKEJGTYGKUG CWEJ 4QOCPWU ++ VT·IV JKGT PKEJV FGP .QTQU UQP FGTP FKG %JNCO[U 9CJTUEJGKPNKEJ NKGIV JKGT GKPG J[DTKFG 2T·IWPI XQT

7744

7743

WPF 4QOCPWU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT .GKEJV DCTDCTKUKGTV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV 2CVTKCT EJGPMTGW\ &1% 5GCT 5GJT UEJÌP

7745

1,5:1

Ô 5QNKFWU 2TQXKP\OÒP\UV·VVG ! I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV 2CVTK CTEJGPMTGW\ &1% 5GCT 4 8QT\ÒINKEJp5VGORGNINCP\

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &GT 5VKN FGU 5VÒEMGU WPF FKG NGKEJV XGTDCNNJQTPVG .GIGPFG NCUUGP XGTOWVGP FC FKG /ÒP\G KP GKPGT 2TQXKP\OÒP\UV·VVG IGRT·IV YWTFG

7746

1,5:1

0KEGRJQTWU ++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVGP FGT /WVVGTIQVVGU WPF FGU -CKUGTU X X OKV 2CVTKCTEJGPMTGW\ &1% 5GCT 4 (CUV XQT\ÒINKEJ

7747

7748

$CUKNKWU ++ WPF %QPUVCPVKPWU 8+++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $GKFGT $ÒUVGP X X OKV -TGW\ &1% 5GCT 5GJT UEJÌP IWVGU UGJT UEJÌP

%QPUVCPVKPWU 8+++ Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF #MCMKC &1% 5GCT .GKEJVGT &QRRGNUEJNCI CWH FGO 4GXGTU IWVGU UGJT UEJÌP

7749

7750

%QPUVCPVKPWU +: Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X $ÒUVG X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT $TGKVGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV -TGW\\GRVGT WPF -TGW\INQDWU &1% 5GCT 8QT\ÒINKEJ HCUV XQT\ÒINKEJ

1,5:1

7751

1,5:1

Ô 6GVCTVGTQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF -TGW\INQ DWU &1% 5GCT 4 -N 4CPFHGJNGT UGJT UEJÌP

7752

1,5:1

6JGQFQTC Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I %JTKUVWU UVGJV X X -CKUGTKP WPF /CTKC JCNVGP .CDCTWO &1% C 5GCT )TCHHKVQ CWH FGO #XGTU MN -TCV\GT UGJT UEJÌPGU 'ZGORNCT <W $GIKPP FGT 4GIKGTWPI FGU 4QOCPWU +++ YWTFG 6JGQFQTC GKPG 6QEJVGT FGU %QPUVCPVKPWU 8+++ OKV GKPGT 8GT UEJYÌTWPI KP 8GTDKPFWPI IGDTCEJV WPF IG\YWPIGP KP FCU 2GVTKQP -NQUVGT KP %QPUVCPVKPQRQNKU GKP\WVTGVGP +O 4CJ OGP GKPGU #WHUVCPFGU IGIGP /KEJCGN 8 YWTFG UKG CO #RTKN \WT -CKUGTKP IGMTÌPV WPF TGIKGTVG OKV KJTGT 5EJYGUVGT <QG DKU FKGUG %QPUVCPVKPWU +: JGKTCVGVG 0CEJ FGO 6QF FGU %QPUVCPVKPWU +: ICD GU \WP·EJUV $G UVTGDWPIGP FGT GPIUVGP /KVCTDGKVGT FGU -CKUGTU FGP /KNKV·TIQWXGTPGWT XQP $WNICTKGP 0KMGRJQTQU 2TQVGWQP \WO -CKUGT \W RTQMNCOKGTGP GU IGNCPI GPIGP 8GTVTCWVGP 6JGQFQTCU LGFQEJ UKG \WXQT \WO 2CNCUV \W DTKPIGP YQ UKG DGTGKVU ÒDGT ,CJTG CNV XQP FGT .GKDICTFG WPF FGP 5GPCVQTGP GTPGWV \WT -CKUGTKP CWUIGTWHGP YWTFG UVCTD 6JGQFQTC FGTGP 4GIKGTWPI XQP FGP D[\CPVKPKUEJGP *KUVQTKMGTP 2UGNNQU WPF <QPCTCU CWUFTÒEMNKEJ IGNQDV YWTFG CP GKPGT &CTOMTCPMJGKV PCEJFGO UKG CWH FGO 6QVGPDGVV PQEJ FGP ITGKUGP /KEJCGN 5VTCVKQVKMQU \WO 0CEJHQNIGT GTPCPPV JCVVG

7753

7754

+UCCEKWU + %QOPGPWU Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV 5EJYGTV &1% 5GCT 8QT\ÒINKEJ

%QPUVCPVKPWU : Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT )WVGU UGJT UEJÌP

7755

7756

1,5:1

Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X /CTKC MTÌPV -CKUGT &1% 5GCT 8QT\ÒINKEJ

'WFQEKC OKV /KEJCGN 8++ WPF %QPUVCPVKWU Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGTKP UVGJV X X OKV <GRVGT \YKUEJGP KJTGP /KVTGIGPVGP &1% 5GCT 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT

7758

7757

4QOCPWU +8 OKV /KEJCGN 8++ %QPUVCPVKWU #PFTQPKEWU WPF 'WFQEKC Ô *KUVCOGPQP

5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU MTÌPV -CKUGTRCCT 2TKP\GP UVGJGP X X &1% 5GCT (CUV XQT\ÒINKEJ

/KEJCGN 8++ Ô *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X $ÒUVG X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT 5GJT UEJÌP

7759

7761

7760

0KEGRJQTWU +++ 'N *KUVCOGPQP 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% 5GCT 5EJTÌVNKPIUTK HCUV XQT\ÒINKEJ XQT\ÒINKEJ

#NGZKWU + Ô *[RGTR[TQP 5E[RJCV 6JGUUCNQPKEC I %JTKUVWU VJTQPV X X -CKUGT UVGJV X X OKV .CDCTWO WPF -TGW\INQDWU &1% M 5GCT 5GJT UEJÌP

/CPWGN + 'N #URTQP 6TCEJ[ 5E[RJCV %QPUVCPVKPQRQNKU I %JTKUVWU UVGJV X X -CKUGT WPF 5V 6JGQFQTQU UVGJGP X X OKV 2CVTKCTEJGPMTGW\ &1% E 5GCT &TWEMUVGNNG UQPUV XQT\ÒINKEJ

7763

7762

'N #URTQP 6TCEJ[ 5E[RJCV %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X -CKUGT UVGJV X X OKV .CDCTWO WPF #MCMKC &1% D 5GCT .GKEJVG 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJ

+UCCMKQU ++ #PIGNQU Ô *[RGTR[TQP 5E[RJCV %QPUVCPVKPQRQNKU I /CTKC VJTQPV X X -CKUGT OKV -TGW\\GRVGT WPF 'T\GPIGN /KEJCGN UVGJGP X X WPF JCNVGP 5EJYGTV &1% F 5GCT 4 -NGKPGU 5EJTÌVNKPIUNQEJ HCUV XQT\ÒINKEJ

7764

&#5 .#6'+0+5%*' -#+5'44'+%* 810 %1056#06+012'.

$CNFWKP ++ XQP %QWTVGPC[ Ô *[RGTRGTQP 5E[RJCV PCEJ 6[R FGT *[RGTRGTC FGU ,QJCP PGU +++ &WMCU 8CVCV\GU XQP 0KMCKC %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X T ÒDGT FGO 6JTQP FTGK 2WPMVG /CTKC MTÌPV -CKUGT &1% E /GVECNHw XGTIN 5 H 5GCT 44 #XGTU FG\GPVTKGTV UGJT UEJÌP

#WHITWPF FGT XGTVTCINKEJGP 8GTGKPDCTWPIGP \YKUEJGP FGO -CKUGTTGKEJ 0KMCKC WPF FGO .CVGKPKUEJGP -CKUGTTGKEJ XQP %QPUVCPVKPQRGN YCT GU DGKFGP 5GKVGP WPVGTUCIV /ÒP\GP FGU LGYGKNU CPFGTGP 5VCCVGU PCEJ\WRT·IGP $CNFWKP ++ XQP %QWTVGPC[ DTCEJ FKGUGP 8GTVTCI WPF NKG *[RGTRGTC OKV 0COGP WPF 6[R FGU ,QJCPPGU +++ &WMCU 8CVCV\GU XQP 0KMCKC RT·IGP 9KT MÌPPGP FCPM FGT 2TCVKEC FGNNC /GTECVWTKC GPVUVCPFGP WO FGU HNQTGPVKPKUEJGP -CWHOCPPU (TCPEG UEQ $CNFWEEK 2GIQNQVVK FKG 2T·IWPIGP FGT .CVGKPGT KFGPVKHK\KGTGP FC 2GIQNQVVK KP UGKPGO *CPFDWEJ HÒT -CWHNGWVG FKG XQP FGP .CVGKPGTP XGTYGPFGVGP 5KINC CPHÒJTV YKG KO XQTNKGIGPFGP (CNN FKG )TWRRG XQP FTGK 2WPMVGP JGTCNFKUEJ NKPMU CNUQ TGEJVU ÒDGT FGO 6JTQP

7765

0+%#'#

,QJCPPGU +++ Ô *[RGTRGTQP 5E[RJCV /CIPGUKC I %JTKUVWU VJTQPV X X /CTKC MTÌPV -CKUGT &1% 5GCT -N -TCV\GT IWVGU UGJT UEJÌP

7766

7767

1,5:1

Ô *[RGTRGTQP 5E[RJCV /CIPGUKC I %JTKUVWU VJTQPV X X /CTKC MTÌPV -CKUGT &1% F 5GCT 8QT\ÒINKEJ

Ô *[RGTRGTQP 5E[RJCV /CIPGUKC I %JTKUVWU VJTQPV X X /CTKC MTÌPV -CKUGT &1% F 5GCT (CUV XQT\ÒINKEJ XQT\ÒINKEJ

-4'7<(#*4'4

7768

#%*#+#

4QDGTV Fy#PLQW Ô <GEEJKPG %NCTGPV\C I )CODGTKPK XGTIN /GVECNHw XGTIN 5NI 5NQEWO XGTIN HH 5GJT UEJÌP

&KG <WYGKUWPI KUV PKEJV IGUKEJGTV YCJTUEJGKPNKEJ JCPFGNV GU UKEJ WO GKPGP CGICGKUEJGP $GKUEJNCI

14+'06#.+5%*' )1.&24 )70)'0

7769

1,5:1

-75*#0

8CUKUJMC Ô 5VCVGT -TKGIUOÒP\UV·VVG I -ÌPKI UVGJV N 1GUJQ UVGJV N XQT $WEMGN UVKGT )ÌDN (CUV XQT\ÒINKEJ

7770

1,5:1

#;;7$+&'0

#N #\K\ +OCF CN FKP CDW N (CVJ 7VJOCP Ô &KPCT # * CN 3CJKTC I -C\CP %QNN 5GJT UEJÌP

7772

7771

/#/.7-'0

#N #UJTCH #DW CN 0CUT 5C[H #N FKP $WTUDC[ Ô 5GSWKP ,CJT PKEJV NGUDCT -CKTQ I $CNQI HH 5GJT UEJÌP

#N #UJTCH #DW CN 0CUT #[PCN Ô 5GSWKP ,CJT WPF /ÒP\UV·VVG HGJNGP I $CNQI XGTIN 5GJT UEJÌP

#06+-' /ª0<'0 +0 5+.$'4 70& $410<' -'.6+5%*' /ª0<'0

1,5:1

7773

1,5:1

)'4/#0+#

#010;/ Õ 3WKPCT ,CJTJWPFGTV X %JT I 6CP\GPFGU /·PPNGKP OKV 6QTSWGU WPF 5EJNCPIG 2HGTF T -QRH \WTÒEMIGYCPFV %CUVGNKP <ÒTKEJ HH &GODUMK #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7774

7775

7776

7777

7778

Õ 3WKPCT ,CJTJWPFGTV X %JT I 6CP\GPFGU /·PPNGKP OKV 6QTSWGU WPF 5EJNCPIG 2HGTF T -QRH \WTÒEMIGYCPFV %CUVGNKP <ÒTKEJ HH &GODUMK 5GJT UEJÌP

Õ 3WKPCT ,CJTJWPFGTV X %JT I 6CP\GPFGU /·PPNGKP OKV 6QTSWGU WPF 5EJNCPIG 2HGTF T -QRH \WTÒEMIGYCPFV %CUVGNKP <ÒTKEJ HH &GODUMK 9KP\ 4CPFCWUDTWEJ UGJT UEJÌP

8+0&'.+-'4 $ 5VCVGT ,CJTJWPFGTV X %JT I 6TKUMGNKU KP $N·VVGTMTCP\ &TGK &QRRGN TKPIG WPF XKGT 2WPMVTKPIG KP <KEM\CEMGKPHCUUWPI -GNNPGT 6[R +: % (CUV UGJT UEJÌP

Õ 3WKPCT ,CJTJWPFGTV X %JT I -QRH N 2HGTF T -GNNPGT /KP MQTTQFKGTV UGJT UEJÌP

Õ 3WKPCT $ÒUEJGNSWKPCT ,CJTJWPFGTV X %JT I -QRH N 2HGTF N -GNNPGT 2TQVQV[R 'VYCU MQTTQFKGTV UGJT UEJÌP

7779

$1*'/+#

$1+'4 Õ *GZCFTCEJOG WO X %JT I -ÌRHG FGT *QPQU WPF FGT 8KTVWU PGDGPGKPCPFGT T FCXQT 'HGWDNCVV 4GKVGT T N QDGP <YGKI OKV $NCVV KO #DUEJPKVV $+#6'% &GODUMK 2CWNUGP HH 5GJT UEJÌP

7781

7780

014+%7/

#010;/ Õ 6GVTCFTCEJOG 6[R 9CTCUFKP $ ,CJTJWPFGTV X %JT I -QRH N OKV FTGK TGKJKIGO 2GTNFKCFGO 2HGTF N &GODUMK XGTIN HH -QUVKCN XGTIN 5GJT UEJÌP

Õ 1DQN )WTKPC 6[R X %JT I $WEMGN .KPKGPMTGW\ OKV <GPVTCNRWPMV KP FGP 9KPMGNP 2WPMVG &GODUMK 5GJT UEJÌP

7784

7783

7782

#&0#/#6+ Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I -QRH N OKV &KCFGO 4GKVGT T OKV .CP\G &GODUMK XGTIN )ÌDN 0QTKEWO ' E -QUVKCN XGTIN HH #XGTU NGKEJV FG\GPVTKGTV UGJT UEJÌP

#66# Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I -QRH T OKV &KCFGO 4GKVGT T OKV .CP\G &GODUMK )ÌDN 0QTKEWO ) F -QUVKCN 5GJT UEJÌP

0'/'6 Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I -QRH N OKV &KCFGO 4GKVGT T OKV .CP\G WPVGP 5VGTP &GODUMK )ÌDN 0QTKEWO ( D -QUVKCN *GTXQTTCIGPF \GPVTKGTVGU UGJT UEJÌPGU 'ZGORNCT

7785 1,5:1

1,5:1

7786

2#0010+#

Õ 1DQN ,CJTJWPFGTV X %JT I -QRH N 2GICUWU N #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T 5QPUV YQJN WPGFKGTV 8QP ITQGT 5GNVGPJGKV (CUV XQT\ÒINKEJ

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

7787

7788

7789

7790

Õ 6GVTCFTCEJOG 6[R 4GKVGTUVWORH -TQKUDCEJ 'PFG ,CJTJWPFGTV X %JT I -QRH T OKV FTGK HCEJGO 2GTNFKCFGO 4GKVGT CWH IGRWPMVGVGT $QFGPNKPKG N &GODUMK )ÌDN 1UVMGNVGP -QUVKCN XGTIN 5GJT UEJÌP

Õ 6GVTCFTCEJOG 6[R 2WRRGPTGKVGT OKV ; CWH 2QUVCOGPV ,CJTJWPFGTV X %JT I -QRH T OKV .QTDGGTMTCP\ 4GKVGT T WPVGP ; CWH 2QUVCOGPV &GODUMK )ÌDN 1UVMGNVGP -QUVKCN 5GJT UEJÌP

Õ 6GVTCFTCEJOG 2JKNKRRGKGT ,CJTJWPFGTV X %JT I <GWUMQRH N 4GKVGT N %CUVGNKP <ÒTKEJ )ÌDN -QUVKCN &GODUMK )ÌDN 1UVMGNVGP -QUVKCN (CUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG 6[R <YGKICTO ,CJTJWPFGTV X %JT I $·TVKIGT -QRH T 4GKVGT N OKV <YGKI &GODUMK )ÌDN 1UVMGNVGP -QUVKCN -PCRRGT 5EJTÌVNKPI 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

7791

7792

&#%+#

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

Õ 6GVTCFTCEJOG MKPPNQUGT 6[R ,CJTJWPFGTV X %JT I 5VKNKUKGTVGT -QRH T 5VKNKUKGTVGT 4GKVGT T &GODUMK )ÌDN 1UVMGNVGP -QUVKCN 5GJT UEJÌP

7794

7793

Õ 6GVTCFTCEJOG PCEJ VJCUKUEJGO 6[R ,CJTJWPFGTV X %JT I &KQP[UQUMQRH T *GTCMNGU UVGJV N OKV -GWNG WPF .ÌYGPHGNN .WMCPE XGTIN #WGTIGYÌJPNKEJGT 5VKN UGJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG PCEJ VJCUKUEJGO 6[R ,CJTJWPFGTV X %JT I &KQP[UQUMQRH T *GTCMNGU UVGJV N OKV UVKNKUKGTVGT -GWNG WPF UVKNKUKGTVGO .ÌYGPHGNN .WMCPE )TWRRG 8++ #WGTIGYÌJPNKEJGT 5VKN UGJT UEJÌP

.QV MGNVKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV ÒDGTYKGIGPF 5KNDGTOÒP\GP FCTWPVGT XKGT 6GVTC FTCEJOGP \ $ \YGKOCN 6JCUQUKOKVCVKQP GKPOCN -WIGNYCPIG GVE *QEJKPVGTGUUCPVGU .QV FCU WP DGFKPIV DGUKEJVKIV YGTFGP UQNNVG 5VÒEM /GKUV UGJT UEJÌP

)4+'%*+5%*' /ª0<'0

7797 7798

7796

*+52#0+#

$#4-+&'0 Õ 5EJGMGN X %JT %CTVJCIQ 0QXC I /GNSCTVMQRH N OKV .QTDGGTMTCP\ 2HGTF UVGJV T XQT 2CNOG $WTIQU 50) $/ HH 50) %QR XGTIN 4 2T·IGUEJY·EJG MN -TCV\GT WPF 4CPFHGJNGT UGJT UEJÌP

)#..+#

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

'6474+# 52

2127.10+# Õ #UUGU PCEJ X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN HCUV X X )NCVV 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK 6JG EQKPCIG QH VJG 4CUPC ++ 4 5GJT UEJÌPGU 'ZGORNCT

7799

7801

7800

81.5+0++ 5GZVCPU ,CJTJWPFGTV X %JT I -GWNG <YGK 9GTVMWIGNP 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK )TÒPDTCWPG 2CVKPC UGJT UEJÌP

&KG <WYGKUWPI KUV PKEJV IGUKEJGTV CDGT UGJT YCJTUEJGKPNKEJ 5KGJG %TCYHQTF 2TQXGPCPEGU #VVTKDWVKQPU CPF %JTQ PQNQI[ QH UQOG GCTN[ +VCNKCP %QKPU KP %QKP *QCTFU +: 5 HH

7/$4+#

67&'4 3WCFTCPU X %JT I (TQUEJ T FTGK 9GTVMWIGNP #PMGT 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK (CUV UGJT UEJÌP

7PEKC X %JT I -CPVJCTQU FCTÒDGT 9GTVMWIGN 5RGGTURKV\G 4WVVGT *KUVQTKC 0WOQ TWO 8GEEJK )TÒPG 2CVKPC UGJT UEJÌP

7803

7802

7803

2+%'07/

*#64+# $KWPZ 5GZVCPU X %JT I *CJP UVGJV N FCXQT \YGK 9GTVMWIGNP 5EJWJ 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK 4 5GJT UEJÌP

5GOWPEKC X %JT I * # WPF 9GTVCPICDG S 4WVVGT *KUVQTKC 0WOQTWO XCT 8GEEJK )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

7805 7806

7804

%#/2#0+#

0'#21.+5 Õ &KFTCEJOG X %JT I 0[ORJGPMQRH T FCJKPVGT #TVGOKU OKV (CEMGN #PFTQMGRJCNGT 5VKGT T XQP 0KMG DGMT·P\V FCTWPVGT /QPQITCOO 4WVVGT *KUVQTKC 0WOQTWO 5CODQP 50) #05 50) /ÒPEJGP (GKPG 2CVKPC UGJT UEJÌP

Õ 6TKQDQN X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ 8KEVQTKC KP $KIC T 4WVVGT *KUVQTKC 0WOQTWO 5CODQP 50) #05 XGTIN 50) /ÒPEJGP XGTIN 4 5GJT UEJÌP

2*+56'.+# Õ &KFTCEJOG X %JT I 9GKDNKEJGT -QRH HCUV X X #PFTQMGRJCNGT 5VKGT N 4WVVGT *KUVQTKC 0WOQTWO 4WVVGT %CORCPKCP %QKPCIGU J FKGU 'ZGORNCT #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .GQ *CODWTIGT (TCPMHWTV CO /CKP 0T

7807

#27.+#

.7%'4+# 3WKPEWPZ X %JT I 4CF OKV XKGT 5RGKEJGP 4CF OKV XKGT 5RGKEJGP KP GKPGO 9KPMGN HÒPH 9GTVMWIGNP KP GKPGO CPFGTGP . 4WVVGT *KUVQTKC 0WOQTWO C 8GEEJK )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

7808

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

70$'56+//6' /ª0<56 66' 5GOKU WO X %JT I -QRH N )GTUVGPMQTP FC TWPVGT NKGIGPFGU 5 4WVVGT *KUVQTKC 0WOQTWO 8GEEJK 4 1NKXITÒPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T WPF FGT 5COONWPI $TCFDWT[ - 6JWTNQY #WMVKQP %0) 0GY ;QTM 0T &GT -QRH CWH FGO #XGTU YKTF WPVGTUEJKGFNKEJ IGFGWVGV 4WVVGT UKGJV KP KJO GJGT GKPGP YGKDNKEJGP -QRH 6JWTNQY WPF 8GEEJK FGWVGP KJP CNU O·PPNKEJGP -QRH

7809 7810

7810

%#.#$4+#

6#4'06 Õ &KFTCEJOG X %JT I 6CTCU CWH &GNRJKP T OKV 1EVQRWU *KRRQMCOR T WPVGP /WUEJGN (KUEJGT $QUUGTV 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 4 'VYCU MQTTQFKGTV UGJT UEJÌP

6CTGPV FKG GKP\KIG 2HNCP\UVCFV 5RCTVCU YWTFG FGT 5CIG PCEJ CP FGT 5VGNNG IGITÒPFGV YQ GKP &GNRJKP FGP UEJKHHDTÒ EJKIGP 6CTCU GKPGP 5QJP FGU 2QUGKFQP WPF FGT 5CV[TC CP .CPF DTCEJVG &GT &GNRJKPTGKVGT YKTF UQ CWEJ XQP #TKUVQ VGNGU CNU 6CTCU KFGPVKHK\KGTV GKPG &GWVWPI FKG JGWVG CPIG\YGKHGNV YKTF 5Q JCPFGNV GU UKEJ \WOKPFGUV DGK FGP HTÒJGP 2T·IWPIGP NCWV 9QNHICPI (KUEJGT $QUUGTV GKPFGWVKI WO 2JCNCPVQU 9KT DG\GKEJPGP FGP &GNRJKPTGKVGT JKGT WPF KO (QNIGPFGP FGT 6TCFKVKQP HQNIGPF CNU 6CTCU &GT 6[R &GNRJKPTGKVGT *KRRQMCOR IGJV CWH RJQGPK\KUEJG &CTUVGNNWPIGP \WTÒEM &QTV TGKVGV /GNSCTV CWH FGO &GNRJKP WPF GU GTUEJGKPV CWEJ FGT *KRRQMCOR

Õ &KFTCEJOG X %JT I 6CTCU CWH &GNRJKP T WPVGP /WUEJGN +P -TCP\ 1KMKUVGU UKV\V N OKV 5RKPFGN (KUEJGT $QUUGTV 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 4 7PTGIGNO·KIGT 5EJTÌVNKPI UGJT UEJÌP &KG 1KMKUVGU 2T·IWPIGP UVGJGP XGTOWVNKEJ OKV GKPGT /CEJVGKPDWG FGT #TKUVQMTCVKG PCEJ FGT 0KGFGTNCIG 6CTGPVU IGIGP FKG /GUUCRKGT KO ,CJT X %JT KP <WUCOOGPJCPI

7812

1,5:1

7811

1,5:1

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT T OKV 5RGGTGP WPF 5EJKNF 6CTCU CWH &GNRJKP T OKV 2HGKN WPF $QIGP (KUEJGT $QUUGTV C FKGU 'ZGORNCT 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQ TWO -N -TCV\GT CWH FGO #XGTU OKP MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

'ZGORNCT FGT 5COONWPI %QPUWN 9GDGT #WMVKQP ,CEQD *KTUEJ /ÒPEJGP 0T

Õ &KQDQN X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 5E[NNC CNU *GNO\KGT *GTCMNGU T GTYÒTIV FGP PGOGKUEJGP .ÌYGP QDGP -TGDU 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO FKGUGU $GK\GKEJGP PKEJV GTY·JPV 5GJT UGNVGPG 8CTKCPVG 8QT\ÒINKEJGU 'ZGORNCT

7814

7813

7815

7816

Õ &KFTCEJOG X %JT I 4GKVGT T UGKP 2HGTF DGMT·P\GPF 6CTCU CWH &GNRJKP N OKV &TGKHW 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 8QT\ÒINKEJ

Õ &KFTCEJOG X %JT I 4GKVGT T OKV 5RGGTGP WPF 5EJKNF 6CTCU CWH &GNRJKP N OKV &GNRJKP 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI XQT\ÒINKEJp5VGORGNINCP\

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT N OKV *GNO 5RGGT WPF 5EJKNF 6CTCU CWH &GNRJKP N OKV 9GKPVTCWDG WPF 5RKPFGN 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

7817

Õ 1DQN X %JT I 2HGTFGMQRH N FCXQT 9GKPVTCWDG 2HGTFMQRH T 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO XGTIN &C\W \YGK &KQDQNG 4WVVGT *KUVQTKC 0WOQTWO WPF GKP 1DQN 4WVVGT *KUVQTKC 0WOQTWO 5VÒEM 5GJT UEJÌP

7818

7819

Õ &KFTCEJOG X %JT I 0CEMVGT 4GKVGT N UGKP 2HGTF DGMT·P\GPF 6CTCU CWH &GNRJKP N OKV &TGK\CEM FCJKPVGT 'WNG 4CXGN 8NCUVQ 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌPpXQT\ÒINKEJ

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

7820

7820 1,5:1

.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 WPF .ÌYGPHGNN N 5M[RJQU 4WVVGT *KUVQTKC 0WOQ TWO 9QTM /KP MQTTQFKGTV CO 4CPF CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7821

7821 1,5:1

/'6#2106 Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që 4WVVGT *KUVQTKC 0WOQ TWO #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'ZGORNCT FGT 5COONWPI 0GNUQP $WPMGT *WPV #WMVKQP 5QVJGD[ U 0GY ;QTM 0T

7822

7822 1,5:1

Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që 4WVVGT *KUVQTKC 0WOQTWO 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

7823

7824

Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që 4WVVGT *KUVQTKC 0WOQTWO #VVTCMVKXGU 'ZGORNCT OKP -QTTQUKQP UGJT UEJÌPpXQT\ÒINKEJ

7825

7826

Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që XGTIN #XGTU UVGORGNINGKEJ 4WVVGT *KUVQTKC 0WOQTWO (GKPG 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

Õ 5VCVGT X %JT I JTG JTG KPEWU 0Që 4WVVGT *KUVQTKC 0WOQTWO 5GJT UEJÌP

7827

1,5:1

7827

215'+&10+# Õ 5VCVGT X %JT I 2QUGKFQP UVGJV T OKV &TGK\CEM +PEWU 2QUGKFQP UVGJV N OKV &TGK\CEM 4WVVGT *KUVQTKC 0WOQTWO 50) #05 XGTIN 50) /ÒPEJGP (GKPG 2CVKPC YKP\ 4CPFCWUDTWEJ IWVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T 2QUGKFQP YCT UQYQJN 5EJWV\IQVV CNU CWEJ 0COGPUIGDGT XQP 2QUGKFQPKC WPF GTUEJGKPV FCJGT CWH FGT /ÒP\G

7828

Õ 5VCVGT X %JT I 2QUGKFQP UVGJV T OKV &TGK\CEM 5VKGT UVGJV N WPVGP /WUEJGN 4WVVGT *KUVQTKC 0WOQTWO 50) #05 XCT #XGTU UVGORGNINGKEJ 50) /ÒPEJGP (GKPG 2CVKPC UGJT UEJÌP

7829

1,5:1

7829

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 6ÌPWPI )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 CNVGT VÒONKEJ UEJÌPGT #TDGKV ÒDGTJCWRV FKG HTÒJGUVGP &GPMO·NGT XQP -WPUV WPF 5EJTKHV KP +VCNKGP FGTGP 2T·IWPI GTYGKU NKEJ 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 GTJC DGP WPF VGKNU XGTVKGHV IGUEJPKVVGPGP 5VGORGNP ITQG FÒPPG UVGVU OKV #WHUEJTKHV XGTUGJGPG 5KNDGTOÒP\GP FGTGP UQTI H·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

7831

7830

1,5:1

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

Õ 5VCVGT X %JT I 2QUGKFQP UVGJV T WPF UEJNGWFGTV 5RGGT QFGT &TGK\CEM FCXQT HNKGIV 8QIGN T 5VKGT UVGJV T -TCC[ 6JG %QKPCIG QH 5[DCTKU CHVGT $% KP 0% 2N +++ UVGORGN INGKEJ -TCC[ -KPI # OKF HKHVJ EGPVWT[ JQCTF HTQO 5QWVJ +VCN[ KP 504 2N UVGORGN INGKEJ 4WVVGT *KUVQTKC 0WO 8QP ITQGT 5GNVGPJGKV #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT &KG /ÒP\G UVCOOV CWU 5[DCTKU +++ FCU X %JT OKV *KNHG XQP 2QUGKFQPKC IGITÒPFGV YWTFG 5EJQP X %JT DGTGKVGVG -TQVQP 5[DCTKU +++ GKP 'PFG &KG 5VCVGTG XQP 5[DCTKU +++ UKPF CWGTQTFGPVNKEJ UGNVGP GU KUV PWT GKP #XGTUUVGORGN DGMCPPV

7833 7834

7832

8'.+# *;'.' Õ &KFTCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO (NÒIGN ÒDGT .QTDGGTMTCP\ CNU *GNO\KGT .ÌYG T FCTÒDGT JTG 4WVVGT *KUVQTKC 0WOQTWO 9KNNKCOU #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

$4766+7/

270+'4 706'4 *#00+$#. Õ 5EJGMGN X %JT -CTVJCIQ I 6CPKVMQRH N OKV JTGPMTCP\ 2HGTF UVGJV T 4WVVGT *KUVQTKC 0WOQTWO /KP FG\GPVTKGTV UGJT UEJÌP

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

$4'66++ Õ &TCEJOG X %JT I &TCRKGTVG $ÒUVG FGT 0KMG T OKV &KCFGO FCJKPVGT #ORJQTG (NWIQVV UVGJV X X OKV <GRVGT UKEJ UGNDUV DGMT·P\GPF T P 4WVVGT *KUVQTKC 0WOQTWO 5EJGW 5 -NGKPG &TWEMUVGNNG UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

7836 7835

7835

-#7.10+# Õ 5VCVGT X %JT I #RQNNQ UVGJV T OKV <YGKI WPF &CKOQP FCXQT UVGJV *KTUEJ T \WTÒEMDNKEMGPF +PEWU #RQNNQ UVGJV N OKV <YGKI FCXQT UVGJV *KTUEJ N \WTÒEMDNKEMGPF 0Që 4WVVGT *KUVQTKC 0WOQTWO 'VYCU MQTTQFKGTV MN -TCV\GT UGJT UEJÌP -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

Õ 5VCVGT X %JT I #RQNNQ UVGJV T OKV <YGKI WPF &CKOQP FCXQT UVGJV *KTUEJ T \W TÒEMDNKEMGPF *KTUEJ UVGJV T FCXQT <YGKI 0Që 4WVVGT *KUVQTKC 0WOQTWO -N -TCV\GT UGJT UEJÌP

7837

7837 1,5:1

-41610 Õ 5VCVGT X %JT I &TGKHW &TGKHW KPEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP (CUV XQT\ÒINKEJGU 'ZGORNCT

7838

7838 1,5:1

Õ 5VCVGT X %JT I &TGKHW &TGKHW KPEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP 5GJT UEJÌP

7839

7840

Õ 5VCVGT X %JT I &TGKHW N 4GKJGT &TGKHW KPEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ 5VCVGT X %JT I &TGKHW T 4GKJGT &TGKHW KPEWU 4WVVGT *KUVQTKC 0WOQTWO 50) #05 50) /ÒPEJGP XGTIN (GKPG 2CVKPC UGJT UEJÌP

7842 7841 1,5:1

1,5:1

6'4+0# Õ 5VCVGT X %JT I 0[ORJGPMQRH N 0KMG UKV\V N OKV -TCP\ *QNNQYC[ ,GPMKPU 4WVVGT *KUVQTKC 0WOQTWO /KP MQTTQFKGTV FGPPQEJ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8+$1 8#.'06+# 3WCFTCPU X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T &QRRGN MGWNG T 2HNWI FCTÒDGT FTGK 9GTVMWIGNP 4WVVGT *KUVQTKC 0WOQTWO )TÒPG 2CVKPC XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

1,5:1

7843

1,5:1

5+%+.+#

#$#-#+010 Õ *GOKNKVTC X %JT I 0[ORJGPMQRH T 'DGT UVGJV T 50) #05 50) /ÒPEJGP 5GJT UEJÌP

7846

7844

7845

#-4#)#5 Õ &KFTCEJOG X %JT I #FNGT UVGJV N -TGDU 50) #05 XGTIN HH 50) /ÒPEJGP XGTIN 8QT\ÒINKEJ

Õ 6GVTCFTCEJOG X %JT I #FNGT UVGJV N -TGDU 50) #05 UVGORGNINGKEJ 50) /ÒPEJGP XGTIN /KP -QTTQUKQP CWH FGT 8QTFGTUGKVG UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I #FNGT UVGJV N -TGDU 50) #05 50) /ÒPEJGP 5GJT UEJÌP

7847

1,5:1

Õ 6GVTCFTCEJOG X %JT I <YGK #FNGT T CWH *CUGP -TGDU FCTWPVGT UEJYKOOV 5M[NNC N 4K\\Q 6CX ++ 5GNVOCP 6JG 'PITCXGTU QH VJG #MTCICPVKPG &GECFTCEJOU KP 0% 2N + KK 50) #05 50) /ÒPEJGP 8QP ITQGT 5GNVGPJGKV 4GXGTU NGKEJV RQNKGTV UGJT UEJÌP #D EC X %JT DGICPP #MTCICU OKV FGT #WURT·IWPI XQP &GMCFTCEJOGP YQJN KO <WUCOOGPJCPI OKV FGP -TKGIUXQTDGTGKVWPIGP IGIGP -CTVJCIQ WPF PKEJV YKG CWEJ XGTOWVGV YWTFG \WT (GKGT FGU 5KGIGU FGU 'ZCKPGVQU DGK FGP QN[ORKUEJGP 5RKGNGP FGU ,CJTGU X %JT &KG )TCXGWTG FGT &GMCFTCEJOGP UEJPKVVGP CWEJ 5VGORGN HÒT 6GV TCFTCEJOGP YKG WPUGT 5VÒEM &CU /QVKX FGT 8QTFGTUGKVG YWTFG FGP 2T·IWPIGP XQP 5[TCMWU FCU FGT 4ÒEMUGKVG FGO #ICOGOPQP FGU #KUEJ[NQU GPVPQOOGP &CU 5VÒEM KUV WPUKIPKGTV FGT 4GXGTUUVGORGN UVCOOV LGFQEJ XQP GKPGO -ÒPUVNGT FGT XQP X %JT HÒT FKG /ÒP\UV·VVG V·VKI YCT WPF X %JT GTPGWV GPICIKGTV YWTFG

1,5:1

7848

1,5:1

'4;: Õ .KVTC X %JT I #FNGT UVGJV N -TGDU 50) #05 XCT 50) /ÒP EJGP 5GJT UEJÌP

7850

7852

7849

7851

*+/'4# Õ &KFTCEJOG X %JT I *CJP UVGJV N -TGDU 50) #05 50) /ÒP EJGP 5GJT UEJÌP

Õ 1DQN X %JT I $·TVKIGT -QRH T *GNO T 50) #05 50) /ÒPEJGP 4 .GKEJV QZ[FKGTV UGJT UEJÌP

*GOKNKVTC PCEJ X %JT I )QTIQPGKQP 5GEJU 9GTVMWIGNP %CNEKCVK 50) #05 XGTIN HH 50) /ÒPEJGP XGTIN HH &WPMNG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

-#6#0' Õ .KVTC X %JT I 5KNGPMQRH N )GHNÒIGNVGT $NKV\ \YKUEJGP \YGK 5EJKNFGP $QGJTKPIGT 4GKJG +8 50) #05 XGTIN HH 50) /ÒPEJGP 5GJT UEJÌP

7853

7853 1,5:1

Õ 6GVTCFTCEJOG WO X %JT UKIPKGTV XQP *GTCMNGKFCU JKGT PKEJV OGJT NGUDCT I #RQNNQ MQRH X X OKV .QTDGGTMTCP\ 3WCFTKIC N 0KMG DGMT·P\V .GPMGT KO #DUEJPKVV (KUEJ N 4K\\Q 6H :+8 44 8QP HGKPGO 5VKN MQTTQFKGTV UGJT UEJÌP

7854

7855

.'106+01+ Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG .ÌYGP MQRH T XQP XKGT )GTUVGPMÌTPGTP WOIGDGP 4K\\Q XGTIN 6CX ::++ 'VYCU MQTTQFKGTV UGJT UEJÌP

Õ &KFTCEJOG X %JT I 4GKVGT T .ÌYGPMQRH T XQP XKGT )GTUVGPMÌTPGTP WOIGDGP 4K\\Q XGTIN 6CX ::++ 50) #05 UVGORGNINGKEJ 50) /ÒPEJGP 4GXGTU UVGORGN INGKEJ 44 5GJT UEJÌP

7856

7857

Õ 6GVTCFTCEJOG X %JT I #RQNNQMQRH T .ÌYGPMQRH T XQP XKGT )GTUVGPMÌTPGTP WOIGDGP 4K\\Q 6CX ::+++ 'VYCU MQTTQFKGTV UGJT UEJÌP

&CU 5VÒEM KUV PCEJ %JT $QGJTKPIGT FCVKGTV 0WT KP FGT TGNCVKX MWT\GP 5RCPPG \YKUEJGP WPF X %JT YCT .GQPVKPQK UGNDUV·PFKI &GT 4GXGTU FGU 5VÒEMGU \GKIV CNU URTGEJGPFGU 9CRRGP GKPGP .ÌYGPMQRH WOIGDGP XQP )GTUVGPMÌTPGTP FKG CWH FGP )GVTGKFGTGKEJVWO FGT %CORK .GQPVKPK JKPYGKUGP

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

7858 7860

7859

/'55#0# Õ &TCEJOG X %JT I /CWNVKGTDKIC T *CUG T %CNVCDKCPQ FKGU 'ZGORNCT GTY·JPV 44 7PTGIGNO·KIGT 5EJTÌVNKPI UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 5EJNGUUKPIGT $GTNKP XQO (GDTWCT 0T

Õ 6GVTCFTCEJOG X %JT I /CWNVKGTDKIC T KO #DUEJPKVV 1NKXGPDNCVV *CUG T %CNVCDKCPQ 5GJT UEJÌP &GT *CUG GTUEJGKPV CWH FGP /ÒP\GP XQP /GUUCPC YGKN PCEJ #TKUVQVGNGU 2QNNWZ 8 #PCZKNCU FGP *CUGP KP 5K\K NKGP JGKOKUEJ IGOCEJV JCV

Õ 6GVTCFTCEJOG X %JT I #WTKIC UVGJV KP /CWNVKGTDKIC T 0KMG DGMT·P\V /CWNVKGTG KO #DUEJPKVV \YGK &GNRJKPG IGIGPGKPCPFGT *CUG URTKPIV T ÒDGT &GNRJKP T %CNVCDKCPQ 4 9KP\ -TCV\GT UGJT UEJÌP

'ZGORNCT FGT 5COONWPI 2TQUEJQYUM[ WPF FGT %QNNGEVKQP QH C 0QDNGOCP ) FG .CXCN #WMVKQP )NGPFKPKPI %Q .QPFQP 0T

7861

1,5:1

Õ 6GVTCFTCEJOG X %JT I #WTKIC UVGJV KP /CWNVKGTDKIC N KO #DUEJPKVV \YGK &GN RJKPG IGIGPGKPCPFGT *CUG URTKPIV T ÒDGT &GNRJKP T %CNVCDKCPQ 5GJT CVVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI /KP FG\GPVTKGTV XQT\ÒINKEJ GTJCNVGP

7863

7862

1,5:1

Õ 6GVTCFTCEJOG X %JT I #WTKIC UVGJV KP /CWNVKGTDKIC T KO #DUEJPKVV \YGK &GN RJKPG IGIGPGKPCPFGT *CUG URTKPIV T ÒDGT &GNRJKP T %CNVCDKCPQ 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ 6GVTCFTCEJOG X %JT I /CWNVKGTDKIC N 0KMG DGMT·P\V .GPMGTKP *CUG URTKPIV T FCJKPVGT FTGK JTGP %CNVCDKCPQ 8QP ITQGT 5GNVGPJGKV (CUV XQT\ÒINKEJ

7864

7865 1,5:1

5')'56# Õ &KFTCEJOG X %JT I *WPF T FCTÒDGT ,ÒPINKPIUMQRH -QRH FGT 0[ORJG 5GIGUVC T OKV 6CGPKG 4K\\Q 50) #05 XGTIN 50) #UJOQNGCP XGTIN # 4GXGTU UVGORGNINGKEJ 44 (CUV UGJT UEJÌP

5'.+075 Õ &KFTCEJOG WO X %JT I 'RRKEJDNCVV 8KGNHCEJ IGVGKNVGU +PEWUWO 50) #05 XGTIN 2TCEJVGZGORNCT XQP HGKPUVGT 'TJCNVWPI 8QT\ÒINKEJp5VGORGNINCP\

7867 1,5:1

1,5:1 7866

7866

Õ 6GVTCFTCEJOG X %JT I #RQNNQ WPF #TVGOKU KP 3WCFTKIC N #RQNNQ OKV IGURCPP VGO $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 4 /KP MQTTQFKGTV UGJT UEJÌPGU 'ZGORNCT #WH FKGUGT /ÒP\G XQP 5GNKPWPV GTUEJGKPGP #RQNNQ WPF #TVGOKU KP GKPGO 8KGTIGURCPP #RQNNQ 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

56+'.# Õ *GOKNKVTC WO X %JT I /·PPNKEJGT -QRH N FCXQT <YGKI ! #PFTQMGRJCNG 5VKGTRTQVQOG T 50) #05 50) /ÒPEJGP 44 /KP -QTTQUKQP UGJT UEJÌP

7868

7869

5;4#-75 Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT 8 4 5GJT UEJÌPGU 'ZGORNCT

7870 7871

1,5:1

7871

Õ .KVTC X %JT I #TGVJWUCMQRH T 8KGTURGKEJKIGU 4CF $QGJTKPIGT )TWRRG +++ 4GKJG :++ F /KP -QTTQUKQP UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V .GPMGT KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT 5GJT UEJÌP

7872

7873

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC N 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT 8 4 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC T 0KMG DGMT·P\V 2HGTFG KO #DUEJPKVV -GVQU #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT #XGTU FG\GPVTKGTV WPF XQP GVYCU TQUVKIGO 5VGORGN \YGK MN 5VGORGNDTÒEJG CWH FGO 4GXGTU UGJT UEJÌP

7874

7876

7875

7877

Õ 6GVTCFTCEJOG X %JT I 3WCFTKIC N 0KMG DGMT·P\V .GPMGT #TGVJWUCMQRH T XQP XKGT &GNRJKPGP WOIGDGP $QGJTKPIGT 5GJT UEJÌP

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

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

Õ 6GVTCFTCEJOG X %JT WPUKIPKGTV I 3WCFTKIC N 0KMG DGMT·P\V .GPMGT WPVGP -TCPKEJ #TGVJWUCMQRH N XQP XKGT &GNRJKPGP WOIGDGP 6WFGGT 4 5VGNNGPYGKUG GVYCU MQTTQFKGTV UGJT UEJÌP

7881

7878

7879

&TCEJOG PCEJ X %JT I #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO 5GGUVGTP \YKUEJGP \YGK &GNRJKPGP %CNEKCVK &WPMGNITÒPG 2CVKPC UGJT UEJÌP

#ICVJQMNGU X %JT Õ 6GVTCFTCEJOG X %JT I 2GTUGRJQPGMQRH T 0KMG T GTTKEJVGV 6TQRJ·G WPVGP N 6TKUMGNKU +GTCTFK 50) #05 50) /ÒPEJGP 5GJT UEJÌP

*KGTQP ++ X %JT U I -QRH N OKV .QTDGGTMTCP\ 4GKVGT T OKV .CP\G %CNEKCVK &C\W \YGK YGKVGTG $TQP\GP XQP 5[TCMWU %CNEKCVK HH 5VÒEM &WPMNG 2CVKPC UGJT UEJÌP HCUV UGJT WPF UGJT UEJÌP Z

4GRWDNKM X %JT Õ .KVTGP I #RQNNQMQRH N OKV .QTDGGTMTCP\ 9GKDNKEJG )GUVCNV N OKV 5EJTKHVTQNNG ! 5EJNGKGT WPF -TCP\ T ' 50) #05 XGTIN HH 50) /ÒPEJGP XGTIN 'VYCU $GNCI UGJT UEJÌP

+P FGT 50) /ÒPEJGP YKTF FKG YGKDNKEJG )GUVCNV CWH FGO 4GXGTU CNU +UKU WPF FGT )GIGPUVCPF KP KJTGT TGEJVGP *CPF CNU 5KUVTWO IGFGWVGV 7O GKP 5KUVTWO JCPFGNV GU UKEJ WPUGTGT #WHHCUUWPI PCEJ PKEJV FKG &GWVWPI FGT )GUVCNV CNU +UKU KUV CWHITWPF FGU 5EJNGKGTU WPF FGT GPIGP 8GTDKPFWPI \YKUEJGP 5[TCMWU WPF I[RVGP LGFQEJ PKEJV CDYGIKI

7882

7883

7884

7885

6#741/'0+7/ U X %JT I <GWUMQRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N CWH $NKV\ FCXQT FTGK 5V·DG %CNEKCVK 4 $TCWPG 2CVKPC UGJT UEJÌP

270+'4 Õ 6GVTCFTCEJOG WO X %JT .CIGTOÒP\UV·VVG I *GTCMNGUMQRH KO .ÌYGPHGNN T 2HGTFGMQRH N FCJKPVGT 2CNOG ,GPMKPU +8 4GXGTU XQP NGKEJV TQUVKIGO 5VGORGN IWVGU UGJT UEJÌP

'TYQTDGP XQP #FQNRJ ' %CJP &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

Õ 6GVTCFTCEJOG WO X %JT /*5$/ 3W·UVQTGP /ÒP\UV·VVG I *GTCMNGUMQRH KO .Ì YGPHGNN T 2HGTFGMQRH N FCJKPVGT 2CNOG ,GPMKPU +8 (GKPG 6ÌPWPI IWVGU UGJT UEJÌP

+05'.0 <9+5%*'0 #(4+-# 70& 5+<+.+'0

/'.+6# /#.6# 5GZVCPU X %JT I -QRH FGU 'UJOWP T FCXQT -GT[MGKQP +P -TCP\ #RGZ FCTWPVGT #NGRJ 0WP 0WP %QNGKTQ KP 0% (CUV UGJT UEJÌP UGJT UEJÌP 'TYQTDGP DGK #FQNRJ ' %CJP &KG RWPKUEJGP $WEJUVCDGP CWH FGO 4GXGTU IGDGP FGP CNVGP 0COGP FGT +PUGN )JQPCP CP

7887

7886

+..;4+%7/

&;44*#%*+7/ Õ 5VCVGT X %JT I 2GICUWU HNKGIV T #VJGPCMQRH T OKV MQTKPVJK UEJGO *GNO N -GWNG %CNEKCVK 2GICUK 'VYCU $GNCI XQT\ÒINKEJGU 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC

/1'5+#

-#..#6+5 Õ &TCEJOG WO X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T JTG -GWNG $Q IGP KP $QIGPVCUEJG #/0) 5GJT UEJÌP

7888

7889 1,5:1

6*4#%+#

$;<#06+10 U ,CJTJWPFGTV P %JT I &TCRKGTVG $ÒUVG FGT #TVGOKU T ÒDGT FGT 5EJWNVGT -ÌEJGT 5VGTP ÒDGT *CNDOQPF 5EJÌPGTV )GKUU HH )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

/#410'+# Õ 5VCVGT X %JT /CIKUVTCV *GDGUCU I 2HGTF URTKPIV N FCTÒDGT #UVTCICN 9GKPUVQEM 5EJÌPGTV )GKUU XGTIN 44 4GXGTU NGKEJV MQTTQFKGTV UGJT UEJÌP 65

7890

1,5:1

Õ 5VCVGT X %JT /CIKUVTCV %JQTGIQU I 2HGTF URTKPIV N 9GKPUVQEM N (NKGIG 5EJÌPGTV )GKUU HH )WVGU UGJT UEJÌP

7891

7892

7893

Õ 6GVTCFTCEJOG PCEJ X %JT I &KQP[UQUMQRH T &KQP[UQU UVGJV N OKV 5RGGTGP QFGT 0CTVJGZ 5VCPIGP WPF 9GKPVTCWDGP 5EJÌPGTV )GKUU XGTIN 5GJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG PCEJ X %JT I &KQP[UQUMQRH T &KQP[UQU UVGJV N OKV 5RGGTGP QFGT 0CTVJGZ 5VCPIGP WPF 9GKPVTCWDGP 5EJÌPGTV )GKUU HH $TGKVGT 5EJTÌVNKPI IWVGU UGJT UEJÌP

/'5'/$4+# Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGP HGNN T <GWU #GVQRJQTQU UKV\V N FCXQT *GNO WPVGT FGO 6JTQP /QPQITCOO 2TKEG (GKPGT 5VKN XQT\ÒINKEJ HCUV XQT\ÒINKEJ

7894

7895

1,5:1

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #G VQRJQTQU UKV\V N FCXQT MQTKPVJKUEJGT *GNO 2TKEG -N -TCV\GT CWH FGO #XGTU UQPUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQ RJQTQU UKV\V N FCXQT MQTKPVJKUEJGT *GNO WPF /QPQITCOO WPVGT FGO 6JTQP /QPQITCOO 2TKEG XCT /KP &QRRGNUEJNCI HCUV XQT\ÒINKEJ

7896

7897

7897 1,5:1

1&'5515 Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT -1+ WPVGT FGO 6JTQP /QPQITCOO 2TKEG 8QT\ÒINKEJGU 'ZGORNCT

5#/16*4#-' U WO X %JT /CIKUVTCV 2[VJQM I &TCRKGTVG $ÒUVG FGT #VJGPC T OKV MQTKPVJKUEJGO *GNO -[DGNG UKV\V N OKV 2CVGTC WPF <GRVGT 50) %QR 5GJT UEJÌP XQT\ÒINKEJ

7898

7899

6*#515 Õ &TCEJOG X %JT I 5CV[T XGTUEJNGRRV 0[ORJG 8KGTIGVGKNVGU +PEWUWO 50) %QR XGTIN #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

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

7900

7901

7902

-¤0+)4'+%* .[UKOCEJQU X %JT Õ 6GVTCFTCEJOG X %JT .CORUCMQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT (CEMGN CWH FGO 6JTQP JTG ! 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT .CORUCMQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPU JQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT /QPQITCOO 6JQORUQP KP 'UUC[U 4QDKPUQP 5GJT UEJÌP

Õ 6GVTCFTCEJOG X %JT #ORJKRQNKU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPU JQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT WPF FCJKPVGT /QPQITCOO 6JQORUQP KP 'UUC[U 4QDKPUQP 'VYCU MQTTQFKGTV UGJT UEJÌP

7903

7904

Õ 6GVTCFTCEJOG PCEJ X %JT #KPQU I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT -WNVDKNF FGU *GTOGU 2GTRJGTCKQU /ÒNNGT 6JQORUQP KP 'UUC[U 4QDKPUQP 4 5GJT UEJÌP

Õ 6GVTCFTCEJOG PCEJ X %JT .[UKOCEJGKC I #NGZCPFGTMQRH T OKV &KCFGO WPF #O OQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT 2GPVCITCOO WPF /QPQITCOO KO #DUEJPKVV .ÌYGPMQRH N /ÒNNGT 6JQORUQP KP 'UUC[U 4QDKPUQP 4 'VYCU &QRRGNUEJNCI HCUV XQT\ÒINKEJ

7905

7906

1,5:1

Õ 6GVTCFTCEJOG PCEJ X %JT 5KNCPFQU ! I #NGZCPFGTMQRH T OKV &KCFGO WPF #OOQPUJQTP #VJGPC 0KMGRJQTQU UKV\V N FCXQT SI /ÒNNGT 6JQORUQP KP 'UUC[U 4QDKPUQP 4 5GJT UEJÌP

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 8 4 44 #VVTCMVKXGU 'ZGORNCT UGJT UEJÌPpXQT\ÒINKEJ

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

7908

7907

/#%'&10+#

#-#06*15 Õ 6GVTQDQN XQT X %JT I 5VKGTRTQVQOG N \WTÒEMDNKEMGPF FCTÒDGT #MCPVJQUDNÒVG 8KGTIGVGKNVGU +PEWUWO 50) #05 XGTIN 50) %QR 5GJT UEJÌP

'+10 Õ 6TKJGOKQDQN ,CJTJWPFGTV X %JT I )CPU UVGJV T \WTÒEMDNKEMGPF FCTÒDGT 'K FGEJUG 8KGTIGVGKNVGU +PEWUWO 50) #05 50) %QR &KQDQN 5GJT UEJÌP

7909

7910

-¤0+)4'+%* 2JKNKRRQU ++ X %JT Õ 6GVTCFTCEJOG X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T WPVGP LCPWUHÌTOKIGT -QRH .G 4KFGT 2N (GKPG 6ÌPWPI UGJT UEJÌP

Õ 6GVTCFTCEJOG X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T WPVGP 2TQTC .G 4KFGT 2N /KP MQTTQFKGTV UGJT UEJÌP

7911

7912

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV <YGKI WPVGP #RJNCUVQP WPF P .G 4KFGT 2N 8QT\ÒINKEJ

7914

7913

7915

7916

#NGZCPFGT +++ X %JT Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N (ÒNNJQTP 2TKEG 5GJT UEJÌP

Õ 6GVTCFTCEJOG RQUVJWO X %JT $GT[VQU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N 2TKEG 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 2CVKPC

Õ 6GVTCFTCEJOG RQUVJWO X %JT #ORJKRQNKU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N L WPF (CEMGN WPVGT FGO 6JTQP 5VGTP 2TKEG (GKPG 6ÌPWPI XQT\ÒINKEJ

Õ &TCEJOG RQUVJWO X %JT /[NCUC I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQ RJQTQU UKV\V N N /QPQITCOO 2TKEG 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\

7917

7918

2JKNKRRQU +++ X %JT Õ 6GVTCFTCEJOG X %JT $CD[NQP I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N N / CWH FGO 6JTQP $ ! 2TKEG 2 ! 4GXGTU NGKEJVGT &QRRGNUEJNCI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

#PVKIQPQU )QPCVCU X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2CP N CWH OCMGFQPK UEJGO 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

7920

7919

7920

#PVKIQPQU &QUQP X %JT Õ 6GVTCFTCEJOG 2GNNC ! I 2QUGKFQPMQRH T #RQNNQ UKV\V N CWH 2TQTC OKV $QIGP /GTMGT KP #05/0 +: 5 (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI .CWV /GTMGT HGKGTV FKG 4ÒEMUGKVG FGP 5GGUKGI FGU &QUQP ÒDGT 2VQNGOCKQU +++ DGK #PFTQU KO ,CJT X %JT

2JKNKRRQU 8 X %JT Õ &TCEJOG I -QRH T OKV &KCFGO +O -TCP\ -GWNG #/0) 50) #UJOQNGCP 44 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

7921

7921 1,5:1

2GTUGWU X %JT Õ 6GVTCFTCEJOG X %JT I -QRH T OKV &KCFGO #FNGT UVGJV T CWH $NKV\ /COTQVJ 8QT\ÒINKEJGU 2TCEJVGZGORNCT 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

7923

7922

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 5GJT UEJÌP 0CEJ FGT 5EJNCEJV XQP 2[FPC X %JT YWTFG /CEGFQPKGP KP 4GIKQPGP GKPIGVGKNV 5GKV X %JT FWTHVGP FKGUG CWH 5GPCVUDGUEJNW YKGFGT /ÒP\GP RT·IGP *KGT NKGIV GKPG 2T·IWPI FGT 4GIKQP XQT

& +WPKWU 5KNCPWU 2TCGVQT U X %JT I 5KNGPOCUMG X X 5EJTKHV KP -TCP\ #/0) $TCWPG 2CVKPC GVYCU $GNCI UGJT UEJÌP

X %JT YWTFG /CEGFQPKGP \WT TÌOKUEJGP 2TQXKP\ GTMN·TV WPF XQP 2TCGVQTGP D\Y 3WCGUVQTGP XGTYCNVGV 'KPGT FKGUGT 2TCGVQTGP YCT & +WPKWU 5KNCPWU GKP NGKDNKEJGT 5QJP FGU 6 /CPNKWU 6QTSWCVWU FGT FWTEJ #FQRVKQP KP FKG (C OKNKG FGT +WPKK 5KNCPK MCO 'T NKG UKEJ KP /CEGFQPKGP KP DGFGPMNKEJG (KPCP\IGUEJ·HVG GKP WPF YWTFG FCJGT X %JT XQP GKPGT )GUCPFVUEJCHV FGT 2TQXKP\ DGKO 5GPCV CPIGMNCIV 5GKP NGKDNKEJGT 8CVGT FGT FKG 7PVGTUWEJWPI NGKVGVG GTMCPPVG FGP 5QJP UEJNKGNKEJ HÒT UEJWNFKI WPF DGUVTCHVG KJP KPFGO GT KJP XQP UGKPGO #PIGUKEJV XGTDCPPVG & +WPKWU 5KNCPWU DGIKPI FCTCWHJKP 5GNDUVOQTF &KG 5KNGPOCUMG CWH FGO #XGTU WPUGTGU 5VÒEMGU DG\KGJV UKEJ CWH FGP $GKPCOGP FGU 2TCGVQTU

7924

7925

1,5:1

#GUKNNCU 3W·UVQT Õ 6GVTCFTCEJOG PCEJ X %JT 6JGUUCNQPKEC I #NGZCPFGTMQRH T FC JKPVGT Q +P -TCP\ (KUEWU -GWNG WPF 5VWJN $CWUNCWIJ )TWRRG 8+ 1 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

Õ 6GVTCFTCEJOG PCEJ X %JT 6JGUUCNQPKEC I #NGZCPFGTMQRH T FCJKPVGT Q +P -TCP\ (KUEWU -GWNG WPF 5VWJN $CWUNCWIJ )TWRRG 8+++ 1 -N -TCV\GT MPCRRGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

7928 7927

7926

2#'10+#

-¤0+)4'+%* .[MMGKQU X %JT Õ 6GVTCFTCEJOG I <GWUMQRH T *GTCMNGU GT YÒTIV FGP PGOGKUEJGP .ÌYGP #/0) 50) #05 'VYCU FG\GPVTKGTV HGKPGT 5VKN XQT\ÒINKEJ

Õ 6GVTCFTCEJOG I #RQNNQMQRH T OKV .QTDGGTMTCP\ *GTCMNGU GTYÒTIV FGP PGOGKUEJGP .Ì YGP #/0) XGTIN 50) #05 XCT (CUV XQT\ÒINKEJ

#WFQNGQP X %JT Õ &TCEJOG I #VJGPCMQRH HCUV X X OKV CVVKUEJGO *GNO 2HGTF T #/0) XGTIN 50) #05 XGTIN 4 5GJT UEJÌP

7929

1,5:1

6*'55#.+#

.#4+55# Õ &KFTCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF T *GTTOCPP 6CH 8 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT &KG 8QTFGTUGKVG FKGUGU 5VÒEMGU NGJPV UKEJ CP FKG U[TCMWUCPKUEJGP 6GVTCFTCEJOGP FGU -KOQP CP &GT 0[ORJGPMQRH CWH WPUGTGO 5VÒEM KUV KO )GIGPUCV\ \W XKGNGP CPFGTGP 0CEJCJOWPIGP FGU MKOQPKUEJGP 0[ORJGPMQRHGU GKPG XQNN PCEJGORHWPFGPG WPF MÒPUVNGTKUEJ JQEJUVGJGPFG #TDGKV *GTTOCPP XGTOWVGV FC FKG &KFTCEJOGP XQP .CTKUUC FKG 'TQDGTWPI XQP 2JCTUCNQU KO ,CJTG X %JT HGKGTP

7930

7931

Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T *GTTOCPP 6H 8 HH 2TCEJVGZGORNCT XQP HGKPUVGT 'TJCNVWPI XQT\ÒINKEJp5VGORGNINCP\

Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T *GTTOCPP 6H 8 HH *QJGU 4GNKGH CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

7932

7933

Õ &TCEJOG X %JT I 0[ORJGPMQRH HCUV X X 2HGTF ITCUV T WPVGP 2HNCP\G *GTT OCPP 6H 8 -N 5VGORGNDTWEJ CWH FGO 4GXGTU IWVGU UGJT UEJÌP

2*#45#.15 Õ &TCEJOG X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO FCJKPVGT 5VGORGNUEJPGKFGTUKIPCVWT IP 4GKVGT T OKV 2GVCUQU .CXXC 4 (CUV XQT\ÒINKEJGU 'ZGORNCT

7935

7934

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

'2+475

-1+010 Õ &TCEJOG X %JT I -QRH FGU <GWU XQP &QFQPC T OKV 'KEJGPMTCP\ +P 'KEJGPMTCP\ #FNGT UVGJV T CWH $NKV\ (TCPMG XGTIN 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

7936 7937

7937

$1'16+#

6*'$'0 Õ &TCEJOG X %JT I $QKQVKUEJGT 5EJKNF 9KPFOÒJNGPHNÒIGNCTVKIGU +PEW UWO $/% 5NI $%& 4 5EJÌPpUGJT UEJÌP UGJT UEJÌP

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF FCTCWH -GWNG &KQP[UQUMQRH T OKV 'HGW MTCP\ $/% XGTIN 5NI $%& 4 2TÒHRWP\G CWH FGO #XGTU QXCNGT 5EJTÌVNKPI UGJT UEJÌP

7938

7939

7941

7940

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP KL IW $/% 5NI $%& 5GJT UEJÌP

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG OKV 'HGWDN·VVGTP IGUEJOÒEMV \YK UEJGP #2 -# $/% 5NI $%& 5GJT UEJÌP

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG OKV 'HGWDN·VVGTP IGUEJOÒEMV \YK UEJGP #2 -# $/% 5NI $%& .GKEJV MQTTQFKGTV UGJT UEJÌP

7942

7943

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP AG LA $/% 5NI $%& 5GJT UEJÌP

Õ 5VCVGT X %JT I $QGQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP KA LLI $/% 5NI $%& 9KP\ 5VGORGNHGJNGT CWH FGT 4ÒEMUGKVG CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

7945

7944

Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP PE LI $/% 5NI $%& 50) %QR $GCTDGKVWPIUURWTGP CO 4CPF UGJT UEJÌP

'RCOKPQPFCU Õ 5VCVGT X %JT I $QKQVKUEJGT 5EJKNF #ORJQTG \YKUEJGP EP AM + QDGP 4QUG $/% *GRYQTVJ 'RCOKPQPFC 2N 5NI $%& 4 5GJT UEJÌP

&KG 4QUG CWH FGO 4GXGTU DG\KGJV UKEJ CWH FKG +PUGN 4JQFQU FKG 'RCOKPQPFCU FGT DGFGWVGPFUVG (GNFJGTT WPF 2QNKVK MGT 6JGDGPU KO ,CJT X %JT \WO #DHCNN XQP #VJGP DGYGIV JCV

7946

7947

-1+010 Õ *GOKFTCEJOG X %JT I $QKQVKUEJGT 5EJKNF -CPVJCTQU FCTÒDGT $NKV\ T 9GKPVTCWDG $/% 5NI $%& #XGTU GVYCU FG\GPVTKGTV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &TCEJOG WO X %JT 6JGDGP ! I &GOGVGTMQRH HCUV X X OKV JTGPMTCP\ 2QUGKFQP UVGJV T OKV &TGK\CEM WPF &GNRJKP FCXQT /QPQITCOO WPF DQKQVKUEJGT 5EJKNF $/% 5NI $%& 'VYCU $GNCI WPF -QTTQUKQP UGJT UEJÌP

7948

1,5:1

#66+%#

#6*'0 Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +P EWUWO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT )TWRRG +8 XGTIN 4 8QT\ÒINKEJGU 'ZGORNCT XQP HGKPGO 5VKN

7949

1,5:1

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +PEWUWO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT )TWRRG 8 $ *GTTNKEJGT HTÒJMNCUUKUEJGT 5VKN 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI

7950

7951

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P +PEWUWO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5VCTT )TWRRG 8 $ (CUV XQT\ÒINKEJ

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

7952

1,5:1

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NK XGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::++ 8QT\ÒINKEJGU XQNN\GPVTKGTVGU 'ZGORNCT XQP HGKPGO JQEJMNCUUKUEJGP 5VKN OKV HGKPGT 6ÌPWPI

7953

7954

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

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NK XGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::++ &TWEMUVGNNG CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

7955

7956

Õ 6GVTCFTCEJOG WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NK XGP\YGKI WPF /QPFUKEJGN 5VCTT XGTIN 2N ::+++ #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

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

7957

7958

Õ 6GVTCFTCEJOG UWDCGTCV WO X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO 'WNG T FCJKPVGT 1NKXGP\YGKI WPF /QPFUKEJGN 5XQTQPQU 2N 44 5EJÌPpUGJT UEJÌP

)GIGP 'PFG FGU 2GNQRQPPGUKUEJGP -TKGIGU RT·IVG #VJGP FKGUG UWD·TCVGP 6GVTCFTCEJOGP FC W C FWTEJ FGP #WUHCNN FGT 5KDGTRTQFWMVKQP KP .CWTKQP FKG 'FGNOGVCNNXQTT·VG GTUEJÌRHV YCTGP &KG 5VCFV OWVG UQICT CWH FKG 6GORGNUEJ·V\G \WTÒEMITGKHGP &KGUG 6GVTCFTCEJOGP UKPF CWGTQTFGPVNKEJ UGNVGP FC FKG 5VÒEMG X %JT XGTTWHGP YWTFGP #TKUVQRJCPGU (TÌUEJG X %JT %JQTNKGF ªDGTVTCIWPI 9 9GKUGT 1HVOCNU UEJKGP U WPU GU J·VV FKG 5VCFV IGNKVVGP CP $ÒTIGTP YGNEJG IWV WPF YÒTFKI YKG CP FGP CNVGP /ÒP\GP WPF FGO PGWGP )QNF &GPP ICP\ WPF ICT PKEJV YCTGP LGPG HCNUEJ UQPFGTP ICP\ MNCT FKG DGUVGP CNNGT /ÒP\GP UKG PWT CNNGKP TKEJVKI IGUEJNCIGP WPF XQP IWVGO -NCPI DGK FGP )TKGEJGP WPF FGP $CTDCTGP ÒDGTCNN 0KEJV GKPG PGJOGP YKT FCHÒT FKG ÒDNGP -WRHGTNKPIG IGUVGTP XQTIG UVGTP GTUV IGRT·IV XQP ITCWUNKEJ UEJNGEJVGO 5EJNCI 8QP FGP $ÒTIGTP MGPPGP YKT FKG GFNGP YGKUGP /·PPGT FKG IGTGEJV WPF HCKT WPF IWV FKG UKEJ OÒJGP CWH FGO 5RQTVRNCV\ CWEJ KP %JÌTGP WPF KP -WPUV FKGUG UEJO·JGP YKT FQEJ FKG UEJ· DKIGP HTGOFGP 2[TTJKCUUG FKG ªDGNUVGP FGT UEJNKOOGP ªDNGP FKG PGJOGP YKT HÒT CNNGU JGT FKG ITCF GTUV <WIG\QIGPGP FKG J·VV FKG 5VCFV XQTFGO PKEJV OCN CNU $TGEJUCN\ NGKEJVHGTVKI DGPWV\V

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

7960 7961

7959

Õ 6GVTCFTCEJOG %JT /WPKEJKQP #RTKN /CK X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P -TCP\ 'WNG CWH #ORJQTG T FKG &KQUMWTGP 6JQORUQP )TCHHKVK UGJT UEJÌP 'TYQTDGP XQP #FQNRJ ' %CJP &CU 5VÒEM KUV PCEJ %JT $QGJTKPIGT FCVKGTV

%JCNMWU X %JT I -QTGMQRH T #Q* UKE 5EJYGKP T -TQNN XGTIN

5GJT UEJÌP

&TCEJOG WO P %JT I &TCRKGTVG $ÒUVG FGT #VJGPC T OKV CVVKUEJGO *GNO ¤N DCWO FCTWO 5EJNCPIG IGYWPFGP \YKUEJGP 2QUGKFQP OKV &TGK\CEM WPF #VJGPC OKV 5RGGT WPF 5EJKNF -TQNN 9CNMGT 44 /KP MQTTQFKGTV IWVGU UGJT UEJÌP

&GT 4GXGTU UVGNNV FGP O[VJKUEJGP -CORH \YKUEJGP 2QUGKFQP WPF #VJGPC WO FKG (TCIG FCT YGT 0COGPUIGDGT FGT 5VCFV UGKP UQNNVG 2QUGKFQP UVKG UGKPGP &TG\CEM KP FKG 'TFG WPF UEJWH FCOKV GKPG 5CN\YCUUGTSWGNNG #VJGPC CDGT NKG GKPGP ¤NDCWO YCEJUGP -GMTQRU VGKNVG 5VCFV WPF .CPF CNU 5KGIGURTGKU #VJGPG \W &KG &CTUVGNNWPI IGJV XGTOWVNKEJ CWH FKG /KVVGNITWRRG FGU 2CTVJGPQPHTKGUGU \WTÒEM UKGJG *CPU %JTKUVQRJ XQP /QUEJ $KNFGT \WO 4WJOG #VJGPU /KNCPQ 5

7964 7963

7962

#')+0#

#')+0# Õ 5VCVGT X %JT I .CPFUEJKNFMTÌVG (ÒPHHCEJ IGVGKNVGU +PEWUWO 50) &GNGRKGTTG XGTIN 5GJT UEJÌP

Õ 5VCVGT X %JT I .CPFUEJKNFMTÌVG (ÒPHHCEJ IGVGKNVGU +PEWUWO 50) &GNGRKGTTG XGTIN 5GJT UEJÌP

Õ &TCEJOG X %JT I .CPFUEJKNFMTÌVG 8KGTIGVGKNVGU +PEWUWO /KNDCPM 2GTKQFG 8++ 6[R C 50) &GNGRKGTTG 5GJT UEJÌP

7966

7965

7968

7967

%14+06*+#

-14+06* Õ 5VCVGT X %JT I 2GICUWU HNKGIV T #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO FCJKPVGT #RJNCUVQP %CNEKCVK 2GICUK 4CXGN .GKEJVGT &QRRGNUEJNCI XQT\ÒINKEJ

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCTÒDGT -GWNG %CNEKCVK 2GICUK 4CXGN *GTTNKEJG 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT #ORJQTG %CNEKCVK 2GICUK 4CXGN 'VYCU MQTTQFKGTV UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT *WPF %CNEKCVK 2GICUK 4CXGN 'VYCU *QTPUKNDGT UGJT UEJÌP

7969

7970

7971

7973

7972

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO .QTDGGT CNU *GNO\KGT FCJKPVGT 'DGT N %CNEKCVK 2GICUK 4CXGN (CUV XQT\ÒINKEJGU 'ZGORNCT

Õ 5VCVGT X %JT I 2GICUWU HNKGIV N #VJGPCMQRH N OKV MQTKPVJKUEJGO *GNO FCJKPVGT #TVGOKU OKV (CEMGN %CNEKCVK 2GICUK 4CXGN 5GJT CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

U X %JT I 0GRVWPMQRH T OKV &TGK\CEM &GNRJKP T 42% 5NI $%& 5GJT UEJÌP

2'.12100'575

5+%;10+# 5+-;10 Õ &TCEJOG X %JT I 6CWDG UVGJV N +P -TCP\ 6CWDG HNKGIV N $/% HH 5NI $%& HH 'VYCU MQTTQFKGTV HCUV UGJT UEJÌP

Õ 1DQN X %JT I #RQNNQMQRH T OKV .QTDGGTMTCP\ 6CWDG HNKGIV N $/% 5NI $%& 5EJÌP

7974

7975 1,5:1

Õ 5VCVGT WO X %JT I %JKO·TG N QDGP -TCP\ +P -TCP\ 6CWDG HNKGIV N FCXQT + $/% 5NI $%& 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI 8QT\ÒINKEJp5VGORGNINCP\

Õ 5VCVGT WO X %JT I %JKO·TG N QDGP -TCP\ +P -TCP\ 6CWDG HNKGIV N FCXQT + $/% 5NI $%& #VVTCMVKXGU 'ZGORNCT HCUV XQT\ÒINKEJ

7978

7977

#%*#+# #EJCKUEJG .KIC Õ *GOKFTCEJOG ,CJTJWPFGTV X %JT 6GIGC -QRH FGU <GWU T OKV .QTDGGTMTCP\ +O -TCP\ /QPQITCOO $/% 5NI $%& &C\W GKPG YGKVGTG *GOKFTCEJOG XQP #PVKIQPGKC /CPVKPGKC $/% 5NI $%& 5VÒEM 5GJT UEJÌP

'.+5 1.;/2+# Õ &TCEJOG X %JT I #FNGT T CWH *CUGP $NKV\ $/% XGTIN 5NI $%& UVGORGNINGKEJ /KP $GNCI CWH FGT 4ÒEMUGKVG UGJT UEJÌPGU 'ZGORNCT

Õ &TCEJOG X %JT I #FNGT T CWH *CUGP $NKV\ $/% XGTIN 5NI $%&

UVGORGNINGKEJ 5GJT UEJÌPGU 'ZGORNCT

7980

7979

1,5:1

7981

1,5:1

/'55'0+# /'55'0' U ,CJTJWPFGTV X %JT /CIKUVTCV &KQP I &GOGVGTMQRH N <GWU +VJQOCVCU UVGJV T OKV $NKV\ WPF #FNGT N &TGKHW T -TCP\ $/% 5NI $%& )TÒPG 2CVKPC HCUV UGJT UEJÌP

#4)1.+5 '2+&#7415 Õ 1DQN ,CJTJWPFGTV X %JT I #RQNNQMQRH N +P .QTDGGT MTCP\ ' 5NI $%& 44 8QTFGTUGKVG GVYCU MQTTQFKGTV UGJT UEJÌP

%4'6#

-015515 U WO X %JT I 'WTQRC OKV YGJGPFGO 5EJNGKGT CWH 5VKGT N WPVGP \YGK &GN RJKPG .CD[TKPVJ 5XQTQPQU 44 $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T .CD[TKPVJ DGFGWVGV WTURTÒPINKEJ GVYC *CWU FGT &QRRGN·ZVG FKGUG YCTGP GKP YGKV XGTDTGKVGVGU 5[ODQN FGT OKPQKUEJGP -WNVWT WPF FKG MTGVKUEJGP 2CN·UVG YCTGP ÒRRKI FCOKV CWUIGUEJOÒEMV &GP HTÒJGP )TKGEJGP OW FGT 2CNCUV XQP -PQU UQU KP UGKPGT )TÌG CDGT WPJGKONKEJ GTUEJKGPGP UGKP UQ FC FGT $GITKHH .CD[TKPVJ UGKPG JGWVKIG $GFGWVWPI +TTICTVGP CPPCJO

7982

1,5:1

-;-.#&'0

5;415 Õ 6GVTCFTCEJOG WO X %JT I &GOGVGTMQRH T OKV JTGPMTCP\ +P .QTDGGT MTCP\ FKG -CDKTGP UVGJGP X X OKV 5RGGTGP ÒDGT KJTGP -ÌRHGP 5VGTPG $/% /KNFGPDGTI *WTVGT &GYKPI %QNN 8QP ITQGT 5GNVGPJGKV (CUV XQT\ÒINKEJ 77

7984 7983

7986

$1521475

5CWTQOCVGU + U I &TCRKGTVG $ÒUVG T /* KP -TCP\ (TQNQXC XGTIN 2N :+ HH &WPMNG 2CVKPC IWVGU UGJT UEJÌP

$+6*;0+#

-#.%*'&10 Õ &TCEJOG X %JT I 5VKGT UVGJV N CWH JTG 8KGTIGVGKNVGU ITCPW NKGTVGU +PEWUWO 50) $/ 50) X #WNQEM 8QT\ÒINKEJ

/;5+#

-;<+-15 Õ *GOKQDQN PCEJ X %JT I 'DGTRTQVQOG N FCJKPVGT 6JWPHKUEJ +P +PEW UWO .ÌYGPMQRH N QDGP N XKGTUVTCJNKIGT 5VGTP ! X (TKV\G &C\W GKP \YGKVGU XCTKKGTGPFGU 'Z GORNCT 5VÒEM 5GJT UEJÌP

2'4)#/10 'WOGPGU + X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2JKNGVCKTQU T OKV &KCFGO #VJGPC UKV\V N OKV 5EJKNF WPF 5RGGT FCXQT $NCVV FCJKPVGT $QIGP CWH FGO 6JTQP # 9G UVGTOCTM 8 +: 4CPFCWUDTWEJ UGJT UEJÌP

'TYQTDGP XQP #FQNRJ ' %CJP

7988

7987

#VVCNQU + X %JT Õ 6GVTCFTCEJOG I -QRH FGU 2JKNGVCKTQU T OKV .QTDGGTMTCP\ #VJGPC 5VGRJCPQRJQTQU UKV\V N FCXQT 9GKPVTCWDG WPF # FCJKPVGT $QIGP 9GUVGTOCTM )TWRRG +8 $ 8 .::8+ 4 5GJT UEJÌPpXQT\ÒINKEJ

3 %CGEKNKWU /GVGNNWU 2KWU 5EKRKQ Ŏ X %JT Õ %KUVQRJQT X %JT 2GTICOQP I %KUVC O[UVKEC KP 'HGWMTCP\ <YGK 5EJNCPIGP WO .GIKQPUCFNGT 5VWORH 4 5GJT UEJÌP

3 %CGEKNKWU /GVGNNWU 2KWU 5EKRKQ YCT 2QORGKCPGT GT YCT CWEJ 5EJYKGIGTXCVGT FGU 2QORGKWU FGT UGKPG 6QEJVGT %QTPGNKC /GVGNNC JGKTCVGVG $GK 2JCTUCNQU DGHGJNKIVG GT FCU <GPVTWO PCEJ FGT 0KGFGTNCIG HNQJ GT PCEJ #HTKEC WPF GTJKGNV FQTV FGP 1DGTDGHGJN ÒDGT FKG 6TWRRGP FGU 2QORGKWU 0CEJ FGT 0KGFGTNCIG DGK 6JCRUWU DGIKPI GT X %JT 5GNDUVOQTF

7990

7989

#'1.+5

-;/' Õ 6GVTCFTCEJOG PCEJ X %JT /CIKUVTCV /GVTQRJCPGU I -QRH FGT #OC\QPG -[OG T OKV 6CGPKG +P .QTDGGTMTCP\ 2HGTF UVGJV T FCXQT 5M[RJQU 1CMNG[ KP #05/0 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

/;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 1ORJCNQU WPF -CPVJCTQU 5CEMU #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI &GT #RQNNQ XQP )T[PGKQP JCV YKG 8GTIKN KP FGT #GPGKU CPIKDV FGO #GPGCU DGHQJNGP PCEJ +VCNKGP \W GKNGP

7991

7993

7992

+10+#

'2*'515 Õ &TCEJOG X %JT I $KGPG 8KGTIGVGKNVGU +PEWUWO 50) -C[JCP /KP MQTTQFKGTV UGJT UEJÌP

Õ %KUVQRJQT ,CJT X %JT I %KUVC O[UVKEC KP 'HGWMTCP\ <YGK 5EJNCPIGP WO -ÌEJGT T $ WPF $ÒUVG FGT #TVGOKU 'RJGUKC -NGKPGT &CVGF %KUVQRJQTK 5GTKG 44 5GJT UEJÌP

2D 5[ODQNQP I +P -TCP\ EFE %IW 0 )NCVV #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

FKGU 'ZGORNCT 8QP ITQGT 5GNVGPJGKV *GNNDTCWPG 2CVKPC UGJT UEJÌP

7995

7996

7994

6 #ORKWU 6 H $CNDWU 2TQEQPUWN X %JT Õ %KUVQRJQT 2GTICOQP /CIKUVTCVG *GTOKCU WPF -CK[UVTKQU I %KUVC O[UVKEC KP 'HGWMTCP\ <YGK 5EJNCPIGP WO &TGKHW FCTCWH 5VCVWG FGU #RQNNQ T (CEMGN 5VWORH 4 2T·IGUEJY·EJG XQT\ÒINKEJ

6 #ORKWU $CNDWU IGJÌTVG \W FGP 2QORGKCPGTP YWTFG CDGT UR·VGT FWTEJ %CGUCT DGIPCFKIV

*'4#-.'+# Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P -TCP\ -GWNG FCTWPVGT 0KMG OKV -TCP\ N \YKUEJGP \YGK /QPQITCOOGP 50) X #WNQEM 50) .QEMGVV 8QT\ÒINKEJ

Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I #VJGPCMQRH T OKV CVVKUEJGO *GNO +P -TCP\ -GWNG FCTWPVGT 'WNG \YKUEJGP \YGK /QPQITCOOGP 50) X #WNQEM 50) .QEMGVV XGTIN #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

7997

7998

Õ *GOKFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO -GWNG KP -TCP\ 50) -C[JCP -QTTQFKGTV UGJT UEJÌP

/#)0'5+# Õ &TCEJOG X %JT /CIKUVTCV .[MQOGFGU I )GRCP\GTVGT 4GKVGT T 5VKGT UVÌV N -KPPU 6YQ 5VWFKGU KP VJG 5KNXGT %QKPCIG QH /CIPGUKC QP VJG /CGCPFGT 5 #PO 4 5GJT UEJÌP

7999

7999 1,5:1

Õ 6GVTCFTCEJOG PCEJ X %JT /CIKUVTCV 2CWUCPKCU 5QJP FGU 2CWUCPKCU I #TVGOKUDÒUVG T OKV $QIGP WPF -ÌEJGT +P -TCP\ 0CEMVGT #RQNNQ UVGJV N CWH /·CPFGT CP &TGKHW IGNGJPV CWH FKG UGO -ÌEJGT $/% 50) X #WNQEM 50) %QR *GTXQTTCIGPFGT JGNNGPKUVKUEJGT 5VKN -N &QRRGNUEJNCI CWH FGO 4GXGTU 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 GT OÌINKEJVG 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

8000

8001 1,5:1

1,5:1

U ,CJTJWPFGTV X %JT /CIKUVTCV 'WRJGOQU I &TCRKGTVG $ÒUVG FGT #TVGOKU T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT #RQNNQMQRH T OKV .[TC 42% 5GJT UEJÌP XQT\ÒINKEJ

/+.'6 Õ 6TKQDQN WO X %JT I .ÌYGPOCUMG $NÒVGPQTPCOGPV KP FQRRGNVGO 2GTNSWC FTCV 50) -C[JCP HH 5GJT UEJÌP

8003

1,5:1

8002

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #G VQRJQTQU UKV\V N FCXQT .ÌYG 5VGTP WPF /QPQITCOO FCJKPVGT \YGK /QPQITCOOG 2TKEG $TGKVGT 5EJTÌVNKPI UGJT UEJÌP

/;175 U ,CJTJWPFGTV X %JT I 2QUGKFQPMQRH T OKV .QTDGGTMTCP\ &GNRJKP T ÒDGT &TGK\CEM 50) -C[JCP 50) X #WNQEM 5GJT UEJÌPpXQT\ÒINKEJ

8004

1,5:1

8005

5/;40# U WO X %JT /CIKUVTCVG *GTOQIGPGU WPF 2JTKZQU I -QRH /KVJTCFCVGU 8+ XQP 2QPVWU T 0KMG IGJV T OKV -TCP\ WPF 2CNO\YGKI FG %CNNCVC[ 2N .+ 3 /KNPG 4 &WPMNG 2CVKPC IWVGU UGJT UEJÌP

6'15 Õ 5VCVGT X %JT I )TGKH UKV\V T FCXQT 5EJYCP 8KGTIGVGKNVGU +PEWUWO $CNEGT KP 504 8QT\ÒINKEJGU 2TCEJVGZGORNCT

8006 8008

8007

%*+15 U X %JT /CIKUVTCV *GTQUVTCVQU I 5RJKPZ UKV\V T FCXQT JTG QDGP N TWP FGT )GIGPUVGORGN &TGKHW #ORJQTG N 9GKPVTCWDG /CXTQIQTFCVQ C &WPMGNITÒPG 2CVKPC UGJT UEJÌP

%#4+#

/CWUUQNQU X %JT 5CVTCR Õ 6GVTCFTCEJOG I *GNKQUMQRH HCUV X X <GWU .CDTCWPFQU UVGJV T OKV <GRVGT WPF &QRRGNCZV $/% 50) X #WNQEM XCT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

*KFTKGWU X %JT 5CVTCR Õ 6GVTCFTCEJOG I #RQNNQMQRH HCUV X X <GWU .CDTCWPFQU UVGJV T OKV <GRVGT WPF &QRRGNCZV WPVGP ' 50) X #WNQEM #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

1,5:1

8009 1,5:1

-0+&15 Õ &KFTCEJOG X %JT I *GNKQUMQRH HCUV X X .ÌYGPRTQVQOG T 50) -GEMOCP XGTIN 8QT\ÒINKEJGU 2TCEJVGZGORNCT

8010

U ,CJTJWPFGTV P %JT I /CIKUVTCV #RQNNQPKQU I 8GTUEJNGKGTVGT YGKDNKEJGT -QRH T FCXQT JTG WPF /QJPMWIGN ! KNIDIWN 0KMG IGJV N OKV -TCP\ WPF 2CNO\YGKI KO (GNF N APOLLW NIOS 5EJGKPV WPGFKGTV 8QP CNNGTITÌVGT 5GNVGPJGKV 5EJÌPpUGJT UEJÌP

'ZGORNCT FGT 5COONWPI -NCWU /CTQYUM[ #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8011

8011 1,5:1

/;.#5# Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT /CIKUVTCV 'KTGPCKQU I <GWU .CDTCWPFQU UVGJV T OKV &QRRGNCZV WPF <GRVGT <GWU 1UQIQC UVGJV T OKV &TGK\CEM WPF #FNGT &GNTKGWZ .GU /QP PCKGU FG /[NCUC CWZ 6[RGU FG <GWU 1UQIQC GV <GWU .CDTCWPFGWU KP 0% 0T 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌPpXQT\ÒINKEJ 81

8012

8013

8014

U ,CJTJWPFGTV X %JT I 2HGTF T &TGK\CEM 50) -GEMOCP

5GJT UEJÌP

-#.;/0# Õ &KFTCEJOG ,CJTJWPFGTV X %JT I -QRH GKPGU -TKGIGTU T OKV CVVKUEJGO *GNO +P 2GTNSWCFTCV .[TC 50) -GEMOCP 4 .GKEJV MQTTQFKGTV UGJT UEJÌP

-15 Õ 6GVTCFTCEJOG X %JT /CIKUVTCV :CPVJKRRQU I *GTCMNGUMQRH KO .ÌYGPHGNN N +P 2GTNSWCFTCV -TGDU FCTWPVGT -GWNG #UJVQP W C 6JG *GECVQOPWU *QCTF /KP -QTTQUKQP CWH FGT 8QTFGTUGKVG UGJT UEJÌP

8015 8016

8017

4*1&15 Õ &KFTCEJOG X %JT I *GNKQUMQRH T OKV 5VTCJNGPDKPFG 4QUG \YKUEJGP # WPF -GT[MGKQP #UJVQP 6JG %QKPCIG QH 4JQFGU 50) -GEMOCP 44 5GJT UEJÌP

Õ &KFTCEJOG X %JT /CIKUVTCV #PVKRCVTQU I *GNKQUMQRH HCUV X X 4QUG N JTG #UJVQP 6JG %QKPCIG QH 4JQFGU 50) -GEMOCP #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

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

8018

8019

Õ 6GVTCFTCEJOG X %JT /CIKUVTCV #TKUVQMTKVQU I *GNKQUMQRH HCUV X X 4QUG N #RJNCUVQP #UJVQP 6JG %QKPCIG QH 4JQFGU 50) -GEMOCP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ 6GVTCFTCEJOG X %JT /CIKUVTCV 'WMTCVGU I *GNKQUMQRH HCUV X X 4QUG N $NKV\ #UJVQP 6JG %QKPCIG QH 4JQFGU 50) -GEMOCP 5GJT UEJÌP

8020

8020 1,5:1

Õ 6GVTCFTCEJOG #NGZCPFTGKGT X %JT /CIKUVTCV &COCVTKQU I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT 4QUG #UJVQP 6JG %QKPCIG QH 4JQFGU 2TKEG 4 8QNN\GPVTKGTVGU XQT\ÒINKEJGU 'ZGORNCT

8021

8022

Õ &TCEJOG X %JT /CIKUVTCV #TVGOQP I *GNKQUMQRH T +P +PEWUWO 4QUG N -TCP\ ,GPMKPU 4JQFKCP 2NKPVJQRJQTQK 50) -GEMOCP 5GJT UEJÌP

Õ &TCEJOG X %JT /CIKUVTCV #PVCKQU I *GNKQUMQRH HCUV X X +P +PEWUWO 4QUG KO (GNF 5QPPG ,GPMKPU 4JQFKCP 2NKPVQRJQTQK 50) -GEMOCP ,GPMKPU 4JQFKCP 2NKPVJQRJQTQK 50) -GEMOCP #XGTU NGKEJV FG\GPVKGTV XQT\ÒINKEJGU 2TCEJVGZGORNCT

8024

8023

&TCEJOG X %JT /CIKUVTCV <GPQP I *GNKQUMQRH X X OKV 5VTCJNGPDKPFG 4QUG KP 'KEJGPMTCP\ $/% 50) -GEMOCP 4 &WPMNG 2CVKPC UGJT UEJÌP

&TCEJOG /CIKUVTCV 6COKCU 6GKOQUVTCVQU I &KQP[UQUMQRH T OKV 'HGWMTCP\ WPF 5VTCJNGP DKPFG 0KMG UVGJV T OKV 2CNO\YGKI WPF #RJNCUVQP 42% 50) -GEMOCP &WPMNG 2CVKPC UGJT UEJÌP

8026

8025

.;&+#

8026

-TQKUQU X %JT Õ 5VCVGT 5CTFGKU I .ÌYGP WPF 5VKGTRTQVQOG GKPCPFGT IGIGPÒDGT <YGK +PEWUC 50) X #WNQEM /KP MQTTQFKGTV UGJT UEJÌP

-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 GPVYQT HGP 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

$.#70&15 U ,CJTJWPFGTV P %JT I -QRH FGU &GOQU T (NWIQVV *KRRQWTKQU NCIGTV N OKV 5EJKNH WPF (ÒNNJQTP T 3WGNNWTPG $/% /KQPPGV &WPMNG 2CVKPC UGJT UEJÌP

8027

8028

.;%+#

(TÒJF[PCUVKUEJG 2T·IWPIGP Õ 5VCVGT X %JT 6NQU ! I 2CPVJGT UKV\V N 2GICUWU RTQVQOG T $CDGNQP 6TCKV¾ 2N :%8 8KUOCTC ++ -N 5VGORGNDTWEJ CWH FGO 4GXGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 5VCVGT X %JT WPDGUVKOOVG /ÒP\UV·VVG I 'DGTRTQVQOG N FCTCWH -=8?$ 7PTG IGNO·KIGU 3WCFTCVWO KPEWUWO $CDGNQP 6TCKV¾ XGTIN 2N ::+ 8KUOCTC ++ XCT 4 8QP GVYCU TQUVKIGP 5VGORGNP XQT\ÒINKEJ

&CU 6KGT CWH FGT 8QTFGTUGKVG MCPP CWEJ CNU .ÌYG IGFGWVGV YGTFGP

/ÌINKEJGTYGKUG KUV OKV -;$ -[DGTPKU DG\GKEJPGV GKP N[MKUEJGT &[PCUV FGT X %JT OKV GKPGT (NQVVG :GTZGU DGK FGT +PXCUKQP )TKGEJGPNCPFU WPVGTUVÒV\VG

8030

8029

1,5:1

8GFTGK Õ 5VCVGT WO X %JT I .ÌYGPOCUMG +P TWPFGO +PEWUWO 6TKUMGNKU 50) X #WNQEM FKGU 'ZGORNCT 8KUOCTC ++ #VVTCMVKXGU 'ZGORNCT OKP -QTTQUKQP CWH FGO 4GXGTU XQT\ÒINKEJ

#52'0&15 Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM 2TCEJVGZGORNCT XQP HGKPUVGT 'TJCNVWPI *GTTNKEJG 6ÌPWPI XQT\ÒINKEJp5VGORGNINCP\

2#/2*;.+#

8031

8032

8033

Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 5VCVGT X %JT I <YGK 4KPIGT 5EJNGWFGTGT T FCXQT 6TKUMGNKU 50) %QR 50) (TCPEG 50) X #WNQEM 5GNVGPG 8CTKCPVG 5GJT UEJÌP

5+&' Õ 6GVTCFTCEJOG X %JT I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO 0KMG IGJV N OKV -TCP\ KO (GNF N )TCPCVCRHGN $/% HH )WVGU UGJT UEJÌP

8034 1,5:1

8035

2+5+&+#

+5+0&# U ,CJT I <GWUMQRH T OKV .QTDGGTMTCP\ 4GKVGT T OKV .CP\G WPVGP 5EJNCPIG X #WNQEM 2KUKFKGP + HH $TCWPG 2CVKPC UGJT UEJÌP

%+.+%+# 84

-'.'0&'4+5 Õ 5VCVGT X %JT I 4GKVGT T <KGIG T \WTÒEMDNKEMGPF 50) (TCPEG 50) .GXCPVG 50) X #WNQEM (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

8036

8037

/#..15 Õ 5VCVGT X %JT I #RJTQFKVGMQRH T OKV &KCFGO WPF 5RJGPFQPG 5CVTC RGPMQRH T OKV RGTUKUEJGT 6KCTC 50) (TCPEG XGTIN HH 50) .GXCPVG 'VYCU MQTTQFKGTV UGJT UEJÌP

0#)+&15 Õ 5VCVGT X %JT I #RJTQFKVG UKV\V N OKV 2CVGTC XQP 0KMG DGMT·P\V WPVGT FGO 6JTQP /CWU &KQP[UQU UVGJV N OKV 9GKPVTCWDG WPF 6J[TUQU .GFGTGT )TWRRG +: D 5GJT UEJÌP

8038 1,5:1

1,5:1

6#4515 /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 5GJT CVVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI #XGTU NGKEJV FG\GPVTKGTV XQT\ÒINKEJp5VGORGNINCP\ &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 WOUVTKVVG PGP &GWVWPI FGU /KVJTCUMWNVDKNFGU CNU 5[ODQN FGT XQP *KRRCTEJ GPVFGEMVGP 2T·\GUUKQP FGT SWKPQMVKGP 7NCPUG[ &KG 7TURTÒPIG FGU /KVJTCUMWNVGU -QUOQNQIKG WPF 'TNÌUWPI KP FGT #PVKMG 5VWVVICTV

8040

8039

8040

%;2475

5#.#/+5 'WCIQTCU + X %JT Õ 6GVTQDQN I 0CEMVGT *GTCMNGU UKV\V CWH (GNUGP T OKV *QTP WPF -GWNG <KGIG NKGIV T $/% HH 6\KCODC\KU #XGTU NGKEJV FG\GPVTKGTV UGJT UEJÌP

%1//#)'0'

-¤0+)4'+%* #PVKQEJQU +8 U I &TCRKGTVG $ÒUVG T OKV &KCFGO +P -TCP\ %CRTK EQTP T 42% 8QT\ÒINKEJGU 2TCEJVGZGORNCT

8041

8042

5;4+#

-¤0+)4'+%* 5GNGWMQU + X %JT Õ 6GVTCFTCEJOG PCEJ X %JT WPDGUVKOOVG MCR RCFQMKUEJG QUVU[TKUEJG QFGT PQTFOGUQRQVCOKUEJG /ÒP\UV·VVG I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT WPF WPVGT FGO 6JTQP /QPQITCOO *QWIJVQP .QTDGT 0GYGNN 95/ 50) 5RCGT .GKEJVGT &QRRGNUEJNCI CWH FGO #XGTU HCUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG PCEJ X %JT 5GNGWEKC 2KGTKC I *GTCMNGUMQRH KO .ÌYGPHGNN T <GWU #GVQRJQTQU UKV\V N FCXQT /QPQITCOO *QWIJVQP .QTDGT D 0GYGNN 95/ 50) 5RCGT (GKPG 6ÌPWPI XQT\ÒINKEJ

8044

8043 8044

#PVKQEJQU +++ X %JT Õ &TCEJOG X %JT #RCOGC I -QRH T OKV &KCFGO 'NGHCPV T QDGP WPF WPVGP LG GKP /QPQITCOO *QWIJVQP .QTDGT 0GYGNN 95/ # 50) 5RCGT 5GJT UEJÌP

#PVKQEJQU +++ YCT FGT NGV\VG DGFGWVGPFG 5GNGWMKFG &WTEJ UGKPG #PCDCUKU PCEJ 1UVGP JCVVG GT HÒT MWT\G <GKV PQEJ GKPOCN FKG 8QTJGTTUEJCHV DKU $CEVTKGP CWUIGFGJPV #WEJ KO 9GUVGP YCT GT \WP·EJUV GTHQNITGKEJ 'T PCJO FGP 2VQNG O·GTP 5ÒFU[TKGP CD WPF HGUVKIVG UGKPG 5VGNNWPI KP -NGKPCUKGP 'T ÒDGTUEJTKVV UQICT FGP *GNNGURQPV WPF DCWVG .[UKOC EJGKC YKGFGT CNU 4GUKFGP\ CWH GWTQR·KUEJGO $QFGP CWH &CU TKGH CDGT FKG 4ÌOGT CWH FGP 2NCP <WUCOOGP OKV 'WOG PGU ++ XQP 2GTICOQP UEJNWIGP UKG #PVKQEJQU +++ X %JT DGK /CIPGUKC XGTPKEJVGPF +O (TKGFGP XQP #RCOGKC OWVG GT CNNG )GDKGVG YGUVNKEJ FGU 6CWTQU CDVTGVGP FC KP\YKUEJGP CWEJ YGKVG )GDKGVG KO 1UVGP XGTNQTGPIGICPIGP YCTGP YWTFG FCU 5GNGWMKFGPTGKEJ CWH FKG )GDKGVG \YKUEJGP 2JÌPK\KGP WPF $CD[NQPKGP DGUEJT·PMV

Õ 6GVTCFTCEJOG PCEJ X %JT WPDGUVKOOVG /ÒP\UV·VVG KO 5ÒFGP QFGT 1UVGP 5[TKGPU I -QRH T OKV &KCFGO #RQNNQ UKV\V N CWH 1ORJCNQU OKV 2HGKN WPF $QIGP *QWIJVQP .QTDGT 0G YGNN '5/ 50) 5RCGT &TWEMUVGNNG CWH FGO 4GXGTU UGJT UEJÌP

8045

8046

#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 8QT\ÒINKEJGU 'ZGORNCT

#PVKQEJQU 8++ X %JT Õ 5EJGMGN ,CJT UGNGWMKFKUEJGT TC X %JT 6[TQU I -QRH T OKV &KCFGO #FNGT OKV 2CNO\YGKI CWH 2TQTC N FCXQT -GWNG WPF /QPQITCOO 0G YGNN 6[TG 50) 5RCGT 5GJT UEJÌP

8047

8048

8049

&GOGVTKQU ++ 4GIKGTWPI X %JT Õ 6GVTCFTCEJOG ,CJT UGNGWMKFKUEJGT TC X %JT #MG 2VQNGOCKU I -QRH T OKV &KCFGO <GWU 0KMGRJQTQU UKV\V N 0GYGNN .5/ 50) 5RCGT 5GJT UEJÌP

-NGQRCVTC 6JGC WPF #PVKQEJQU 8+++ X %JT Õ 6GVTCFTCEJOG ,CJT X %JT #MG 2VQNGOCKU I $GKFGT $ÒUVGP T <GWU 0KMGRJQTQU UKV\V N 0GYGNN .5/ 50) 5RCGT 5GJT UEJÌP

5GNGWMQU 8+ X %JT Õ 6GVTCFTCEJOG 5GNGWMGKC CF %CN[ECFPWO I -QRH T OKV &KCFGO #VJGPC 0KMGRJQTQU UVGJV N *QWIJVQP 5GNGWEKC 5GTKG +8 )TWRRG 50) 5RCGT 5GJT UEJÌP HCUV UGJT UEJÌP

8050 8052

8051

2*1'0+%+#

#4#&15 Õ &TCEJOG ,CJTJWPFGTV X %JT I $KGPG *KTUEJ UVGJV T XQT 2CNOG $/% XGTIN HH 50) %QR XGTIN HH 8QTFGTUGKVG NGKEJV FG\GPVTKGTV 5EJTÌVNKPIUTK GVYCU MQTTQFKGTV UGJT UEJÌP

Õ 6GVTCFTCEJOG ,CJT X %JT I 8GTUEJNGKGTVG 6[EJGDÒUVG T OKV /CWGTMTQPG +P -TCP\ 0KMG UVGJV N OKV #RJNCUVQP $/% 5GJT UEJÌP

6;415 Õ 5EJGMGN ,CJT I /GNSCTVMQRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N OKV 2CNO\YGKI FCXQT -GWNG 42% 4 (CUV XQT\ÒINKEJ

&KG V[TKUEJGP 5EJGMGN YGTFGP KP FGT $KDGN OGJTHCEJ GTY·JPV 5Q DGVTWI FKG 6GORGNUVGWGT GKPGP JCNDGP V[TKUEJGP 5EJGMGN 'ZQFWU ,GUWU YKGU 5KOQP 2GVTWU CP FKG 6GORGNUVGWGT OKV GKPGO 5VCVGT CNUQ GKPGO UEJYGTGP V[TK UEJGP 5EJGMGN YKG WPUGTGO 5VÒEM \W DG\CJNGP FGP GT KO /CWN GKPGU (KUEJGU HKPFGP UQNNVG /CVVJ·WU FCU 7OUVQGP FGT 6KUEJG FGT )GNFYGEJUNGT KO 6GORGN /CVVJ·WU /CTEWU YCT UKEJGT CWEJ FWTEJ FKG &CT UVGNNWPI FGU V[TKUEJGP )QVVGU *GTCMNGU /GNSCTV CWH FKGUGP /ÒP\GP OQVKXKGTV #WEJ FKG 5KNDGTNKPIG FGU ,WFCU YCTGP UKEJGT V[TKUEJG 5EJGMGN

8053

8054

Õ 5EJGMGN ,CJT I /GNSCTVMQRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N OKV 2CNO\YGKI (W CWH 2TQTC FCXQT -GWNG 42% 4 (CUV UGJT UEJÌP

U ,CJT I /GNSCTVMQRH T OKV .QTDGGTMTCP\ -GWNG KP -TCP\ $/% /KQP PGV 5WRRN 50) %QR 4 &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8055

8057

8056

+7&#'#

#NGZCPFGT ,CPPCGWU X %JT 2TWVCJ I #PMGT 5VGTP /GUJQTGT 6TGCUWT[ )TWRRG - )TÒPDTCWPG 2CVKPC UGJT UEJÌP

*GTQFGU FGT )TQG X %JT U X %JT 5COCTKC I &TGKHW *GNO /GUJQTGT 6TGC UWT[ 5GJT UEJÌP

2TWVCJ ,GTWUCNGO I #PMGT <YGK IGMTGW\VG (ÒNNJÌTPGT FCTÒDGT -GT[MGKQP /GUJQTGT 6TGC UWT[ 6[R )TÒPG 2CVKPC UGJT UEJÌP

8058

8059

*GTQFGU #TEJGNCQU X P %JT 2TWVCJ I HRODOU 9GKPVTCWDG EQNARXOU *GNO WPVGP -GT[MGKQP /GUJQTGT 6TGCUWT[ 4 $TCWPG 2CVKPC MN 2T·IGUEJY·EJG UGJT UEJÌP

2QPVKWU 2KNCVWU 2TQMWTCVQT .GRVQP ,CJT I 5KORWNWO $ÒPFGN XQP FTGK JTGP /GUJQTGT 6TGCUWT[ &WPMGNITÒPG 2CVKPC UGJT UEJÌP

2QPVKWU 2KNCVWU YKTF GKIGPVÒONKEJGTYGKUG KO %TGFQ IGPCPPV

8060

8061

#PVQPKWU (GNKZ 2TQMWTCVQT U ,CJT I <YGK IGMTGW\VG 2CNO\YGKIG 5EJTKHV KP -TCP\ /GUJQTGT 6TGCUWT[ &WPMGNDTCWPG 2CVKPC XQT\ÒINKEJ

U ,CJT I <YGK IGMTGW\VG 2CNO\YGKIG 5EJTKHV KP -TCP\ /GUJQTGT 6TGCUWT[ 5GJT UEJÌP

8064

8062

8063

#WHUVCPF Õ 5EJGMGN ,CJT 0KUCP 0KUCP ,GTWUCNGO I -GNEJ <YGKI OKV )TCPCV·RHGNP /GUJQTGT 6TGCUWT[ 50) #05 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 2CVKPC &GT 0KUCP KUV FCU DCD[NQPKUEJG 0GWLCJT WPF YCPFGTV OKV FGO (TÒJLCJTUPGWOQPF XQP /KVVG /·T\ DKU /KVVG #RTKN

U ,CJT I (ÒT FKG $GHTGKWPI <KQPU -GNEJ ,CJT 9GKPDNCVV /GUJQTGT 6TGCUWT[ 50) #05 HH &WPMNG 2CVKPC UGJT UEJÌP

Õ 5EJGMGN ,CJT 0KUCP 0KUCP ,GTWUCNGO I -GNEJ <YGKI OKV )TCPCV·RHGNP /GUJQ TGT 6TGCUWT[ C 50) #05 )WV CWUIGRT·IVGU XQT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 2CVKPC

8065

8066

U ,CJT I (ÒT FKG $GHTGKWPI <KQPU -GNEJ ,CJT .WNCX (GUVUVTCW /GUJQTGT 6TGCUWT[ 50) #05 HH &WPMNG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

U ,CJT I (ÒT FKG $GHTGKWPI <KQPU -GNEJ ,CJT .WNCX (GUVUVTCW /GUJQTGT 6TGCUWT[ 50) #05 HH $TCWPG 2CVKPC UGJT UEJÌPGU 'ZGORNCT

8069

8067

8068

#WHUVCPF $CT -QMJDC U I ,CJT FGT 'TNÌUWPI +UTCGNU 9GKPVTCWDG 'NGC\CT FGT 2TKGUVGT 2CNOG /KNFGPDGTI $TCWPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG I 5EJKOyQP (CUUCFG FGU 6GORGNU XQP ,GTWUCNGO (ÒT FKG (TGK JGKV ,GTWUCNGOU .WNCX (GUVUVTCW N <KVTWUHTWEJV /KNFGPDGTI 5GJT UEJÌP

&CU 5VÒEM KUV YKG CNNG /ÒP\GP FGU #WHUVCPFGU ÒDGTRT·IV

Õ &TCEJOG I 5EJKOyQP KP -TCP\ (ÒT FKG (TGKJGKV ,GTWUCNGOU -CPPG T 2CNO \YGKI /KNFGPDGTI )WVGU UGJT UEJÌP

8070

8071

Õ &TCEJOG I 5EJKOyQP 9GKPVTCWDG (ÒT FKG (TGKJGKV ,GTWUCNGOU \YGK 6TQORG VGP /KNFGPDGTI 5GJT UEJÌPpXQT\ÒINKEJ

Õ &TCEJOG I 5EJKOyQP 9GKPVTCWDG (ÒT FKG (TGKJGKV ,GTWUCNGOU .[TC /KNFGP DGTI 8QTFGTUGKVG GVYCU MQTTQFKGTV UGJT UEJÌP XQT\ÒINKEJ

8073

8072

U I (ÒT FKG (TGKJGKV ,GTWUCNGOU $NCVV 5EJKOyQP 2CNOG /KNFGPDGTI )TÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

U I (ÒT FKG (TGKJGKV ,GTWUCNGOU $NCVV 5EJKOyQP 2CNOG /KNFGPDGTI &WPMGNITÒPG 2CVKPC UGJT UEJÌP

8075

8074

U I (ÒT FKG (TGKJGKV ,GTWUCNGOU $NCVV 5EJKOyQP 2CNOG /KNFGPDGTI &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJ

U I (ÒT FKG (TGKJGKV ,GTWUCNGOU $NCVV 5EJKOyQP 2CNOG /KNFGPDGTI &WPMNG 2CVKPC UGJT UEJÌP

-NGKPG 5COONWPI LÒFKUEJGT $TQP\GOÒP\GP &CU KPVGTGUUCPVG 1DLGMV GPVJ·NV #ITKRRC + Z #ODK DWNWU Z 8CNGTKWU )TCVWU Z 2QPVKWU 2KNCVWU Z #PVQPKWU (GNKZ Z 2QTEKWU (GUVWU Z +PVGTGU UCPVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM 5GJT UEJÌP

8079

8077 8078

#4#$+#

0#$#6*#'# #TGVJCU +8 X P %JT WPF *WNFW U X %JT I -QRH T OKV .QTDGGTMTCP\ *WNFW UVGJV N OKV GTJQDGPGT 4GEJVGP /GUJQTGT 4 5GJT UEJÌP

$#$;.10+#

$#$;.10 Õ 6GVTCFTCEJOG X %JT I $CCN UKV\V N OKV <GRVGT .ÌYG N FCTÒDGT LU /KVEJKPGT +PFQITGGMU G 0KEQNGV 2KGTTG (GKPG 2CVKPC UGJT UEJÌP UGJT UEJÌP

2#46*+#

/KVJTCFCVGU + X %JT Õ &TCEJOG *GMCVQOR[NQU I -QRH N OKV $CUJNKM #TUCMGU UKV\V T OKV $QIGP 5GNNYQQF 5JQTG 4 8QT\ÒINKEJ

8080

8080 1,5:1

/KVJTCFCVGU ++ X %JT Õ 6GVTCFTCEJOG 5GNGWMGKC I &TCRKGTVG $ÒUVG N OKV &KCFGO #TUCMGU UKV\V T OKV $QIGP 5GNNYQQF 5JQTG (CUV XQT\ÒINKEJ

1,5:1

8081

1,5:1

2'45+#

#EJ·OGPKFGP Õ 6GVTCFTCEJOG ,CJTJWPFGTV X %JT I )TQMÌPKI MPKGV T DQIGPUEJKGUUGPF 4GKVGT T OKV 5RGGT #UJVQP GV CN 2KZQFCTWU *QCTF XGTIN 4 (GKPG 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

&KGUG 6GVTCFTCEJOGP YWTFGP NCPIG CNU 5CVTCRGPRT·IWPIGP DGVTCEJVGV 'U JCPFGNV UKEJ LGFQEJ YCJTUEJGKPNKEJ WO RGT UKUEJG 4GKEJURT·IWPIGP

8083

8082

5#5#0+&'0

8CNMCUEJ Õ &TCEJOG I &TCRKGTVG $ÒUVG T OKV -TQPG (GWGTCNVCT \YKUEJGP \YGK #UUKUVGP\HKIWTGP QDGP 5VGTP WPF *CNDOQPF )ÌDN *GTTNKEJG 2CVKPC XQT\ÒINKEJ

$#%64+#

'WMTCVKFGU + X %JT Õ CVVKUEJG 6GVTCFTCEJOG 2WUJMCNCXCVK I &TCRKGTVG $ÒUVG T OKV *GNO &KQUMWTGP TGKVGP T $0 $CEV ' /KVEJKPGT +PFQITGGM GG 50) #05 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI

8085

8084

#');2675

2VQNGOCKQU + X %JT Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I #NGZCP FGTMQRH T OKV 'NGHCPVGPUMCNR #VJGPC #NMKFGOQU T FCXQT *GNO /QPQITCOO WPF #FNGT 50) %QR 5XQTQPQU -N -TCV\GT WPF )TCHHKVK CWH FGO 4GXGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I -QRH T OKV &KCFGO #FNGT CWH $NKV\ N FC XQT 2 ÒDGT /QPQITCOO 50) %QR 5XQTQPQU 5GJT UEJÌP

8086

8087

Õ 6GVTCFTCEJOG X %JT #NGZCPFTKC I -QRH T OKV &KCFGO #FNGT CWH $NKV\ N FC XQT 2 ÒDGT F 50) %QR 5XQTQPQU )TCHHKVQ WPF 2TÒHRWP\G CWH FGO 4GXGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

2VQNGOCKQU ++ X %JT Õ 6GVTCFTCEJOG #NGZCPFTKC I -QRH 2VQNGOCKQU + T OKV &KCFGO #FNGT CWH $NKV\ N FCXQT \YGK /QPQITCOOG FCJKPVGT 5EJKNF 50) %QR 5XQTQPQU 5GJT UEJÌP

-NGQRCVTC +++ WPF 2VQNGOCKQU : X %JT Õ 6GVTCFTCEJOG ,CJT WPF ,CJT X %JT #NGZCPFTKC I -QRH 2VQNGOCKQU + T OKV &KCFGO #FNGT CWH $NKV\ N 50) %QR 5XQTQPQU &C\W 2VQNGOCKQU : Õ 6GVTCFTCEJOG ,CJT X %JT #NGZCPFTKC 50) %QR 5XQTQPQU 5VÒEM 5GJT UEJÌP

8090

8089

-NGQRCVTC 8++ X %JT &KQDQN #NGZCPFTKC I &TCRKGTVG $ÒUVG T #FNGT N CWH $NKV\ FCXQT &QRRGNHÒNNJQTP 50) %QR 5XQTQPQU 9GKUGT 4 5EJÌP

&KG 4GIGPVKP KUV FKG DGTÒJOVG -NGQRCVTC FKG )GNKGDVG %CGUCTU WPF /CTE #PVQPU 5KG DGIKPI X %JT 5GNDUVOQTF WO PKEJV 1EVCXKCPWU FGO UR·VGTGP #WIWUVWU KP FKG *·PFG \W HCNNGP

&KQDQN #NGZCPFTKC I &TCRKGTVG $ÒUVG T #FNGT N CWH $NKV\ FCXQT &QRRGNHÒNNJQTP 50) %QR 5XQTQPQU 9GKUGT 4 $TCWPG 2CVKPC UEJÌP

&KQDQN #NGZCPFTKC I &TCRKGTVG $ÒUVG T #FNGT N CWH $NKV\ FCXQT &QRRGNHÒNNJQTP 50) %QR 5XQTQPQU 9GKUGT 4 $TCWPG 2CVKPC IGTKPI GTJCNVGPpUEJÌP

8092

%;4'0#+%#

-;4'0' Õ &KFTCEJOG X %JT I -CTPGKQUMQRH N 5KNRJKWO N /QPQITCOO T 5VGTP $/% 50) %QR 5GJT UEJÌPGU 'ZGORNCT

<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 *ÒNUGPHTÒEJVGP GU JCV GKPGP KPVGPUKXGP MPQDNCWEJCTVKIGP )GUEJOCEM &GT JQJG 2TGKU FGU 5KNRJKWOU GTMN·TV UKEJ CDGT YQJN JCWRVU·EJ NKEJ 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

8093

<'7)+6#0+#

-#46*#)1 U X %JT I 6CPKVMQRH N 2HGTF UVGJV T FCJKPVGT 2CNOG #NGZCPFTQ RQWNQU 50) %QR HH $TCWPG 2CVKPC IWVGU UGJT UEJÌP

8094

8095

8096

8097

U X %JT I 6CPKVMQRH N 2HGTF UVGJV T FCJKPVGT 2CNOG #NGZCPFTQRQWNQU 50) %QR HH &WPMNG 2CVKPC IWVGU UGJT UEJÌP

07/+&+#

,WDC + X %JT Õ &GPCT I &TCRKGTVG $ÒUVG T OKV &KCFGO WPF <GRVGT #EJVU·WNKIGT 6GORGN /C\CTF 50) %QR XGTIN (GKPG 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

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

WPF -NGQRCVTC 5GNGPG Õ &GPCT I -QRH T OKV &KCFGO 5VGTP ÒDGT /QPFUKEJGN /C \CTF 50) %QR (GKPG 6ÌPWPI 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

-NGQRCVTC 5GNGPG YCT FKG 6QEJVGT FGU /CTE #PVQP WPF FGT -NGQRCVTC WPF YWTFG XGTOWVNKEJ X %JT IGDQTGP #W IWUVWU FGT UKG KP UGKPGO 6TKWORJ X %JT OKVHÒJTVG XGTJGKTCVGVG UKG X %JT OKV ,WDC ++

.165 )4+'%*+5%*'4 /ª0<'0

/CIPC )TCGEKC WPF 5KEKNKC &CU JQEJKPVGTGUUCPVG .QV GPVJ·NV 5KNDGTOÒP\GP W C GKPG 6GV TCFTCEJOG XQP 5[TCMWU 4CPF DGCTDGKVGV &KFTCEJOGP XQP )GNC WPF /GVCRQPV GKPG .KVTC XQP -COC TKPC GVE (GTPGT UKPF $TQP\GP GPVJCNVGP W C %CORCPKC %CNGU .WECPKC 2QUGKFQPKC %CNCDTKC )TCZC $TWVVKWO $TGVVKGT 5KEKNKC 5[TCMWU /COGTVKPQK -GPVQTKRCK -CPVCPG #MTCICU GVE *QEJKPVGT GUUCPVGU JGTXQTTCIGPF \WO #WH QFGT #WUDCW GKPGT )TKGEJGPUCOONWPI OKV 5EJYGTRWPMV CWH 7PVGTKVC NKGP WPF 5K\KNKGP IGGKIPGVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

0QTFITKGEJGPNCPF +NN[TKEWO 5EJYCT\OGGTMÒUVG &CU KPVGTGUUCPVG .QV GPVJ·NV 5KNDGT WPF $TQP \GOÒP\GP W C \YGK &TCEJOGP CWU .CTKUUC 6JGUUCNKC GKPG 6GVTCFTCEJOG XQP 6JCUQU 6JTCEKC GKP U FGT VJGUUCNKUEJGP .KIC OCMGFQPKUEJG )GRT·IG GVE $KVVG DGUKEJVKIGP 5VÒEM 'KP 5VÒEM IGNQEJV UEJÌPpUGJT UEJÌP

)TKGEJKUEJGU /WVVGTNCPF WPF -TGVC &CU KPVGTGUUCPVG .QV GPVJ·NV UGEJU 5KNDGTOÒP\GP #TIQU 1N[O RKC -QTKPVJ %JCNMKU 6CPCITC 2JQEKU WPF HÒPH $TQP\GOÒP\GP W C -PQUUQU OKV .CD[TKPVJ WPF 'NGWUKU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

)TKGEJKUEJG 5KNDGT WPF $TQP\GOÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV 2T·IWPIGP KP 5KNDGT FCTWPVGT 5[TKC #PVKQEJQU 8+ &TCEJOG 2JT[IKC #RCOGKC %KUVQRJQT %CTKC 4JQFQU &KFTCEJOG WPF &TCEJOG 5CUCPKFGP #TFCUEJKT + &TCEJOG 0WOKFKC ,WDC ++ &GPCT GVE (GTPGT UKPF $TQP\GP GPVJCNVGP W C XQP 2QPVWU #GI[RVWU +WFCGC +QPKC 2JT[IKC GVE +PVGTGUUCPVGU .QV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM 'KP 5VÒEM IGNQEJV OGKUV UGJT UEJÌP

6GVTCFTCEJOGP 6JTCEKC .[UKOCEJQU 5[TKC #PVKQEJQU ++ 2JKNKRRQU 2JKNCFGNRJQU 2JQGPKEKC #TC FQU +P CVVTCMVKXGT *QN\UEJCVWNNG 5VÒEM /GKUV UGJT UEJÌP

0QTFCHTKMC &CU KPVGTGUUCPVG .QV GPVJ·NV MCTVJCIKUEJG WPF PWOKFKUEJG $TQP\GOÒP\GP FCTWPVGT W C 4WUKMCFG $KVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

)TKGEJKUEJG 5KNDGT WPF $TQP\GOÒP\GP 4JQFQU U 2GTUKC Õ 5KINQU #GI[RVWU 2VQNGOCKQU :++ Õ 6GVTCFTCEJOG 5VÒEM 5EJÌPpUGJT UEJÌP

)TKGEJKUEJG 5KNDGT WPF $TQP\GOÒP\GP &CU KPVGTGUUCPVG 1DLGMV GPVJ·NV CEJV 5KNDGTOÒP\GP W C GKPG 6GVTCFTCEJOG XQP /GUUCPC GKPGP 5EJGEMGN XQP 5KFQP GKPGP 5VCVGT XQP -QTKPVJ WPF GKPG &K FTCEJOG XQP 0GCRQNKU %CORCPKCG UQYKG XKGT $TQP\GOÒP\GP W C +WFCGC *GTQFGU FGT )TQG U +PVGTGUUCPVGU 1DLGMV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

)TKGEJKUEJG 5KNDGT WPF $TQP\GOÒP\GP &CU .QV GPVJ·NV W C GKPG &KFTCEJOG XQP 8GNKC GKPG *GOKFTCEJOG XQP .COKC GKPG 6GVTCFTCEJOG XQP 6JCUQU GKPG MNCUUKUEJG 6GVTCFTCEJOG XQP #VJGP UG NGWMKFKUEJG Z WPF RVQNGO·KUEJG Z 6GVTCFTCEJOGP MCRRCFQMKUEJG WPF UGNGWMKFKUEJG &TCEJOGP UQ YKG FKXGTUG $TQP\GP 5[TCMWU 2CPVKMCRCKQP /CIPGVGP 2VQNGO·GT -CTVJCIQ GVE +PVGTGUUCPVGU .QV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

)TKGEJKUEJG 5KNDGTOÒP\GP 'PVJCNVGP UKPF \YGK 6GVTCFTCEJOGP 6JCUQU #NGZCPFGT +++ GKP %KUVQRJQT

'RJGUQU GKPG &KFTCEJOG )GNC GKPG &TCEJOG 'RJGUQU UQYKG \YGK CEJ·OGPKFKUEJG 5KINQK +PVGTGU UCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

&+' 5#//.70) *#05 .7//'4 6'+. +++ /ª0<'0 &'4 #06+-'0 9'.6

5COONWPI CPVKMGT /ÒP\GP &KG JQEJKPVGTGUUCPVG 5COONWPI FKG JKGT CNU IGUEJNQUUGPGU 1DLGMV \WT 8GTUVGKIGTWPI IGNCPIV WOHCV ITKGEJKUEJG TÌOKUEJG WPF D[\CPVKPKUEJG /ÒP\GP KP )QNF 5KNDGT WPF $TQP\G 5EJYGTRWPMVG UKPF ITKGEJKUEJG /ÒP\GP FGU ,CJTJWPFGTVU XQT %JTKUVWU UQYKG #TEJKVGMVWT FCTUVGNNWPIGP CWH TÌOKUEJGP 4GKEJU WPF 2TQXKP\KCNRT·IWPIGP 'U JCPFGNV UKEJ WO GKP CWGTIGYÌJPNK EJGU 1DLGMV OKV \CJNTGKEJGP UGNVGPGP WPF JQEJYGTVKIGP 2T·IWPIGP FCU GKPGP IWVGP ªDGTDNKEM ÒDGT FKG CPVKMGP 9·JTWPIUNCPFUEJCHVGP DKGVGV WPF \WO #WH QFGT #WUDCW GKPGT 5COONWPI CPVKMGT /ÒP\GP JGT XQTTCIGPF IGGKIPGV KUV &KG CDIGDKNFGVGP /ÒP\GP UKPF PWT GKPG MNGKPG #WUYCJN CWU FGT KP GKPGO $GDC MCUVGP WPVGTIGDTCEJVGP 5COONWPI FKG CWH LGFGP (CNN DGUKEJVKIV YGTFGP UQNNVG &GT )GUCOVGKPFTWEM KUV UGJT UEJÌP GU UKPF CWEJ GKPKIG DGUUGTG 3WCNKV·VGP XQTJCPFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP 93

4¤/+5%*' /ª0<'0 24 )70)'0 &'4 4¤/+5%*'0 /ª0<56 66' #.':#0&4+# $+5 <7/ '0&' &'4 $+00'09 *470) );26'05

8109

8110

#WIWUVWU X P %JT HÒT .KXKC &KQDQN I -QRH T &QRRGNHÒNNJQTP &CVVCTK )GKUUGP 42% $TCWPG 2CVKPC HCUV UGJT UEJÌP

6KDGTKWU WPF &KXWU #WIWUVWU $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QT DGGTMTCP\ -QRH T OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 42% 5GJT UEJÌP

8111

8112

$ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ -QRH N OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 42% 5GJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I -QRH N OKV .QTDGGTMTCP\ -QRH T OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 42% /KP -QTTQUKQP UGJT UEJÌP

8113

8114

$ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ -QRH N OKV 5VTCJNGPDKPFG &CVVCTK KTTVÒONKEJG $GUEJTGKDWPI UKGJG &CVVCTK 5CXKQ 2N )GKUUGP 42% /KP -QTTQUKQP UGJT UEJÌP

%NCWFKWU &KQDQN ,CJT I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV T -QRH N &CVVCTK )GKUUGP 42% )TÒPG 2CVKPC UGJT UEJÌP

8115

8116

WPF #PVQPKC Õ 6GVTCFTCEJOG ,CJT P %JT I -QRH T OKV .QTDGGTMTCP\ &TC RKGTVG $ÒUVG T &CVVCTK )GKUUGP 42% /KP -QTTQUKQP UGJT UEJÌP

WPF /GUUCNKPC $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ /GUUCNKPC UVGJV N OKV \YGK (KIWTGP WPF JTG CP 5·WNG IGNGJPV &CVVCTK )GKUUGP 42% 5GJT UEJÌP

8118

8117

HÒT #ITKRRKPC HKNKC &KQDQN ,CJT I &TCRKGTVG $ÒUVG T OKV JTGPMTCP\ &TC RKGTVG $ÒUVG FGT 'WVJGPKC T OKV JTGPMTCP\ WPF JTGP &CVVCTK FKGU 'ZGORNCT )GKUUGP 42% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

0GTQ $ 6GVTCFTCEJOG ,CJT QFGT QFGT I -QRH T OKV .QTDGGTMTCP\ #ICVJQFCKOQP 5EJNCPIG T CWHIGTKEJVGV WOUEJNKPIV N WPF T JTG WPF /QJPMWIGN 42% QFGT 5GJT UEJÌP

8119

8120

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #FNGT UVGJV N ÒDGT FGT 5EJWNVGT 2CNO\YGKI &CVVCTK )GKUUGP 42% #O 4CPF OKP MQTTQFKGTV UQPUV IWVGU UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG N OKV 5VTCJNGPDKPFG -QRH FGU #RQNNQP #MVKQU T OKV .QTDGGTMTCP\ JKPVGT FGT T 5EJWNVGT (ÒNNJQTP T 5VGTP &CVVCTK )GKUUGP 42% 5GJT UEJÌP

8122

8121

WPF &KXWU #WIWUVWU $ 6GVTCFTCEJOG ,CJT I -QRH N OKV 5VTCJNGPDKPFG #GIKU N -QRH T OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 42% 5GJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I -QRH N OKV 5VTCJNGPDKPFG #GIKU N -QRH T OKV 5VTCJ NGPDKPFG &CVVCTK )GKUUGP 42% )WVGU UGJT UEJÌP

8123

8124

8125

WPF 6KDGTKWU $ 6GVTCFTCEJOG ,CJT I -QRH N OKV 5VTCJNGPDKPFG #GIKU N -QRH T OKV .QTDGGTMTCP\ &CVVCTK )GKUUGP 42% )WVG 2QTVT·VU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

WPF 2QRRCGC $ 6GVTCFTCEJOG ,CJT I -QRH T OKV 5VTCJNGPDKPFG &TCRKGTVG $ÒUVG T &CVVCTK XGTIN )GKUUGP XGTIN 42% FKGU 'ZGORNCT CDIGDKNFGV 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

$ 6GVTCFTCEJOG ,CJT I -QRH T OKV 5VTCJNGPDKPFG &TCRKGTVG $ÒUVG T &CVVCTK )GKUUGP 42% 5GJT UEJÌP

8127

8126

)CNDC $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGT 'KTGPG T OKV 5EJNGKGT WPF 1NKXGPMTCP\ &CVVCTK )GKUUGP 42% 5GJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGT #NGZCP FTKC T OKV 'NGHCPVGPUMCNR T 5KORWNWO &CVVCTK )GKUUGP 42% )WVGU UGJT UEJÌP

8128

8129

&QOKVKCPWU &TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ 8KGTU·WNKIGT 6GORGN FCTKP 5VCVWG FGU -CKUGTU OKV 5RGGT &CVVCTK FKGU 'ZGORNCT )GKUUGP 42% 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

0GTXC $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ #ICVJQFCKOQP 5EJNCPIG T CWHIGTKEJVGV WOUEJNKPIV N -GT[MGKQP WPF T JTG &CVVCTK )GKUUGP 5GJT UEJÌP

8130

8129

8131

8132

6TCKCPWU &TCEJOG ,CJT I -QRH N OKV .QTDGGTMTCP\ #GIKU T -CKUGT KP 3WCFTKIC T OKV .QTDGGT\YGKI WPF #FNGT\GRVGT &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 4 )TÒPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT KP -GPVCW TGPDKIC T OKV <GRVGT &CVVCTK FKGU 'ZGORNCT )GKUUGP 4 $TCWPITÒPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I -QRH T OKV 5VTCJNGPDKPFG #GIKU N -CKUGT KP 'NGHCPVGP SWCFTKIC T OKV .QTDGGT\YGKI WPF #FNGT\GRVGT &CVVCTK 5CXKQ )GKUUGP XCT $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT KP 3WCFTKIC T OKV #FNGT\GRVGT &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP XGTIN HH &C\W GKPG 6GVTCFTCEJOG FGU #PVQPKPWU + 2KWU WPF GKPG 6GVTCFTCEJOG FGU )QTFKCPWU +++ 5VÒEM /GKUV UGJT UEJÌP

8134

8135

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TKWORJDQIGP FCT CWH FGT -CKUGT KP GKPGO XQP UGEJU 2HGTFGP IG\QIGPGP 9CIGP HNCPMKGTV XQP 6TQRJ·GP &CVVCTK )GKUUGP 4 $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ #GIKU N +UKU 2JCTKC WPF 'WVJGPKC UVGJGP GKPCPFGT IGIGPÒDGT WPF TGKEJGP UKEJ FKG *CPF &CVVCTK XGTIN )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

8136

8137

*GOKQDGNKQP ,CJT I -QRH T OKV .QTDGGTMTCP\ -TQPG FGT +UKU &CVVCTK )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I -QRH T OKV 5VTCJNGPDKPFG #GIKU N -CNCVJQU CWH 5·WNG HNCPMKGTV XQP \YGK IGHNÒIGNVGP 5EJNCPIGP &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 4 )TÒPDTCWPG 2CVKPC MNGKPGT 5EJTÌVNKPIUHGJNGT CO 4CPF IWVGU UGJT UEJÌP

8139

8140 8138

*CFTKCPWU $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTC RKGTV FCXQT *CNDOQPF #FNGT UVGJV T &CVVCTK )GKUUGP 5GJT UEJÌP

*GOKQDGNKQP ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 5KUVTWO &CVVCTK )GKUUGP /KNPG 4 $TCWPG 2CVKPC UGJT UEJÌP

&KEJCNMQP ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV FCXQT + 2KNGK FGT &KQUMWTGP &CVVCTK )GKUUGP &WPMNG 2CVKPC UGJT UEJÌP

8142

8141 8143

*GOKQDGNKQP ,CJT 2JCTDCKVJKVGU 0QOQU I -QRH T OKV .QTDGGTMTCP\ N FTC RKGTV 5VKGT #RKU! UVGJV T 'OOGV 8QP ITQGT 5GNVGPJGKV 5EJÌP UGJT UEJÌP

&KEJCNMQP ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV FCXQT + #EJVUVTCJ NKIGT 5VGTP &CVVCTK )GKUUGP )TÒPG 2CVKPC IWVGU UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ *CPFUEJNCI &CVVCTK )GKUUGP 5GJT UEJÌP

8144

8145

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ *CPFUEJNCI &CVVCTK )GKUUGP 5GJT UEJÌP

*GOKFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 'WVJGPKC NCIGTV N OKV JTGP WPF /QJPMWIGNP FGP N 'NNDQIGP CWH 5RJKPZ IGUVÒV\V &CVVCTK XCT )GKUUGP $TCWPG 2CVKPC GVYCU -QTTQUKQP HCUV UGJT UEJÌP

8146

8147

8149

8148

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU *GNKQU T OKV 5VTCJNGPDKPFG &CVVCTK )GKUUGP 5GJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #VJGPC UVGJV N OKV 0KMG WPF 5EJKNF &CVVCTK )GKUUGP )TÒPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #VJGPC UVGJV N OKV 0KMG WPF 5EJKNF &CVVCTK FKGU 'ZGORNCT )GKUUGP )TÒPG 2CVKPC UGJT UEJÌP IWVGU UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <GRVGT WPF GORH·PIV \YGK JTGP XQP #NGZCPFTKC OKV 8GZKNNWO &CVVCTK )GKUUGP XCT

2QUKVKQP FGT ,CJTGU\CJN 5GJT UEJÌP

8150

8151

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <GRVGT UGKPG 4GEJVG YKTF XQP #NGZCPFTKC \WO *CPFMWUU GTITKHHGP &CVVCTK FKGU 'ZGORNCT )GK UUGP $TCWPG 2CVKPC IWVGU UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <GRVGT UGKPG 4GEJVG YKTF XQP #NGZCPFTKC \WO *CPFMWUU GTITKHHGP &CVVCTK XCT )GKUUGP )TÒPG 2CVKPC UGJT UEJÌP

8153 8152

8152

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 0KN UKV\V N OKV 5EJKNHTQJT WPF (ÒNNJQTP WPVGP -TQMQFKN &CVVCTK )GKUUGP XCT $TCWPG 2CVKPC UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 0KN NCIGTV N OKV 5EJKNHTQJT WPF (ÒNNJQTP WPVGP -TQMQFKN T &CVVCTK XCT )GKUUGP 5GJT UEJÌP

8154

8155

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <YGKU·WNKIGT 6GO RGN FCTKP UVGJGP 5CTCRKU WPF FGT -CKUGT GKPCPFGT IGIGPÒDGT KP FGT /KVVG 5VGNG &CVVCTK )GKUUGP 4 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #VJGPC UVGJV N OKV 0KMG 5RGGT WPF 5EJKNF &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

8156

8157

8158

8159

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CTCRKU UKV\V N OKV <GRVGT \W UGKPGP (ÒGP -GTDGTQU &CVVCTK )GKUUGP 5GJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &KG &KQUMWTGP UVG JGP X X OKV 5RGGTGP WPF 2CTC\QPKGP FKG -ÌRHG GKPCPFGT \WIGYCPFV FC\YKUEJGP *CNDOQPF &CVVCTK FKGU 'ZGORNCT )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )GHNÒIGNVG 5RJKPZ UKV\V N OKV -CNCVJQU FKG T 8QTFGTRTCPMG CWH 4CF IGNGIV &CVVCTK 5CXKQ )GKUUGP )TÒPDTCWPG 2CVKPC UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I -QRH N OKV .QTDGGTMTCP\ -QRH FGU 0KN T OKV (ÒNN JQTP N FTCRKGTV &CVVCTK )GKUUGP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8160

8161

8163

8162

$ 6GVTCFTCEJOG ,CJT I -QRH N OKV .QTDGGTMTCP\ -QRH FGU 0KN T OKV (ÒNN JQTP FCTKP MNGKPGT )GPKWU N FTCRKGTV &CVVCTK )GKUUGP #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

WPF 5CDKPC $ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T &CVVCTK )GKUUGP 4 *QJGU 4GNKGH UGJT UEJÌP

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T &CVVCTK )GKUUGP 4 *QJGU 4GNKGH UGJT UEJÌP

HÒT #GNKWU $ 6GVTCFTCEJOG I -QRH T N FTCRKGTV *QOQPQKC UVGJV N OKV 2CVGTC WPF (ÒNNJQTP FCXQT #NVCT &CVVCTK XGTIN )GKUUGP XGTIN 5GJT UEJÌP

8165

8164

HÒT #PVKPQWU &TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV *GO *GO -TQPG #PVKPQQU TGKVGV T OKV -GT[MGKQP $NWO &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP XCT 44 $TCWPITÒPG 2CVKPC UGJT UEJÌP

#PVQPKPWU + 2KWU $ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T 2JQG PKZ UVGJV T OKV 0KODWU &CVVCTK XCT )GKUUGP XCT 4 (GKPGT 5VKN UGJT UEJÌP

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T #PVKPQQU GKP ,ÒPINKPI CWU $KVJ[PKWO KP $KVJ[PKGP YWTFG \WO )GNKGDVGP *CFTKCPU 'T UVCTD KP I[RVGP YQ *C FTKCP FCTCWHJKP FKG 5VCFV #PVKPQWRQNKU ITÒPFGVG

7OTCJOV XQP FGT .GIGPFG #+90 'YKIMGKV VTKVV JKGT FGT 9WPFGTXQIGN 2JQKPKZ CNU /GNFGT FGT 8QNNGPFWPI FGT 5QVJKURGTKQFG CWH CO ,WNK &CU <WUCOOGPVTGHHGP FGU 9CPFGNLCJTGU \W 6CIGP WPF FGU HGUVGP 5QVJKULCJTGU \W 6CIGP WPF 5VWPFGP MCO PWT CNNG ,CJTG XQT WPF ICNV CNU GOKPGPV IWVGU 8QT\GKEJGP HÒT FKG 4GIKGTWPI FGU PGWGP -CKUGTU 5EJQP /CTVKCN RTGKUV FGP 2JQKPKZ CNU 5KPPDKNF FGT #GVGTPKVCU 4QOU

8166

8167

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG N OKV .QTDGGTMTCP\ <GWUMQRH T OKV .QT DGGTMTCP\ $/% &CVVCTK )GKUUGP &WPMNG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6[EJG UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP &CVVCTK 5CXKQ XGTIN )GKUUGP XCT $TCWPG 2CVKPC UGJT UEJÌP

100

8169

8168

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ $ÒUVGP FGU *GNKQU WPF FGT 5G NGPG PGDGPGKPCPFGT T &CVVCTK XCT )GKUUGP 4 )TÒPDTCWPG 2CVKPC MN 4CPFHGJNGT GVYCU ÒDGTCTDGKVGV UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6TQRJ·G FCTWPVGT UKV\GP \YGK )GHCPIGPG &CVVCTK FKGU 'ZGORNCT )GKUUGP 4 $TCWPITÒPG 2CVKPC UGJT UEJÌP

8170

8171

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ <QFKCEWU /QPF KP -TGDU FTC RKGTVG $ÒUVG FGT 5GNGPG T ÒDGT *CNDOQPF WPF -TGDU &CVVCTK XCT )GKUUGP XCT 44 &WPMNG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <QFKCEWU 5QPPG KP .ÌYG FTCRKGTVG $ÒUVG FGU *GNKQU N OKV 5VTCJNGPMTQPG ÒDGT N URTKPIGPFGO .ÌYGP FCXQT 5VGTP &CVVCTK FKGU 'ZGORNCT )GKUUGP 44 &WPMNG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ #RQNNQ XQP /KNGV UVGJV X X \YKUEJGP FGP 0GOGUGKU XQP 5O[TPC &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

8173

8172

8174

Õ &TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <GWU UKV\V N OKV 2CVGTC WPF <GRVGT FCXQT #FNGT &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 4 )TÒPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <YGKU·WNKIGT 6GO RGN KO +PPGTGP UKV\V 5GTCRKU N OKV <GRVGT FCXQT -GTDGTQU &CVVCTK 5CXKQ XCT )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

101

8175

8176

8177

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6TKRVQNGOQU KP 5EJNCPIGPDKIC T &CVVCTK XGTIN )GKUUGP 5GJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )TGKH UKV\V T (W CWH 4CF IGNGIV &CVVCTK XCT )GKUUGP XCT $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 0KMG IGJV N OKV -TCP\ WPF 2CNO\YGKI &CVVCTK FKGU 'ZGORNCT )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

8178

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 6[EJG 'WVJGPKC UVGJV N OKV JTGP WPF 5VGWGTTWFGT \W KJTGT .KPMGP GKP GKPNCWHGPFGU 5EJKHH WPF 'WVJGPKC ! \W KJTGT 4GEJVGP GKP CWUNCWHGPFGU 5EJKHH WPF 0KN &CVVCTK FKGU 'ZGORNCT )GKUUGP $TCWPG 2CVKPC UGJT UEJÌP

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV &TCRKGTVG $ÒUVG FGT #NGZCPFTKC T OKV 'NGHCPVGPUMCNR &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP XCT &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8180

102

8179

8181

&TCEJOG ,CJT I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 0KN UKV\V N OKV 5EJKNHTQJT WPF (ÒNNJQTP WPVGP -TQMQFKN &CVVCTK FKGU 'ZGORNCT )GKUUGP XGTIN 4 &WPMGNDTCWPG 2CVKPC UGJT UEJÌP

#PVQPKPWU ++ /CTEWU #WTGNKWU &TCEJOG ,CJT I &TCRKGTVG $ÒUVG N OKV .QTDGGTMTCP\ 0KN UKV\V N OKV 5EJKNHTQJT WPF (ÒNNJQTP WPVGP -TQMQFKN T &CVVCTK 5CXKQ XCT )GKUUGP 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

8183 8182

8182

#PVQPKPWU +++ %CTCECNNC &TCEJOG ,CJT I -QRH T OKV .QTDGGT MTCP\ +UKU UKV\V T WPF U·WIV *CTRQMTCVGU FCXQT UKV\V 5RJKPZ N CWH $CUKU &CVVCTK 5CXKQ FKGU 'Z GORNCT )GKUUGP 44 $TCWPG 2CVKPC UGJT UEJÌP

5GXGTWU #NGZCPFGT HÒT ,WNKC /COCGC $ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV 5VGRJCPG -CKUGT TGKVGV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT &CVVCTK )GKUUGP 4 5GJT UEJÌP

8184

8187

8186

8185

2JKNKRRWU + HÒT 2JKNKRRWU ++ $ 6GVTCFTCEJOG ,CJT I )GRCP\GTVG $ÒUVG T 6[EJG UKV\V N OKV 5VGWGTTWFGT WPF (ÒNNJQTP &CVVCTK )GKUUGP 5GJT UEJÌP

)CNNKGPWU HÒT 5CNQPKPC $ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV 5VGRJCPG #FNGT UVGJV N -QRH T OKV -TCP\ KO 5EJPCDGN &CVVCTK )GKUUGP $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

$ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV 5VGRJCPG 6[EJG UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP T 2CNO\YGKI &CVVCTK 5CXKQ )GKUUGP $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

%NCWFKWU ++ )QVJKEWU $ 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU *GNKQU T OKV 5VTCJNGPDKPFG &CVVCTK XCT )GKUUGP XCT 4 5EJYCT\G 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

%QPUVCPVKWU + 6GVTCFTCEJOG ,CJT I &TCRKGTVG $ÒUVG T OKV .QT DGGTMTCP\ 6[EJG UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP &CVVCTK )GKUUGP 5GJT UEJÌP

1,5:1

8189

1,5:1

/CZKOKCPWU + $ 6GVTCFTCEJOG QJPG #PICDG FGU 4GIKGTWPIULCJTGU IGRT·IV QFGT PCEJ FGO ! /·T\ I -QRH T OKV .QTDGGTMTCP\ +UKU UVGJV N OKV 5KUVTWO WPF <GRVGT %QKPU HTQO -CTCPKU &CVVCTK 'OOGV )GKUUGP 8QP ITQGT 5GNVGPJGKV (CUV XQT\ÒINKEJ

&CU KP -CTCPKU KP GKPGO TGKPGP 6GVTCFTCEJOGPJQTV IGHWPFGPG 5VÒEM DGNGIV FC GU UKEJ DGK FGT XQTNKGIGPFGP /ÒP\G WO GKPG 6GVTCFTCEJOG JCPFGNV WPF FC FCU 5VÒEM PCEJ I[RVGP IGJÌTV &KG 8GTUWEJG FKG /ÒP\UV·VVG CWH FGO $CNMCP \W NQMCNKUKGTGP UKPF FCJGT PKEJV JCNVDCT 5VKN WPF /CEJCTV FGU 5VÒEMGU \GKIGP CDGT MNCT FC FKG /ÒP\G PCEJ FGT 'KP UVGNNWPI FGT TGIWN·TGP 6GVTCFTCEJOGPRT·IWPI WPF FGT 7OUVGNNWPI FGT /ÒP\UV·VVG #NGZCPFTKC CWH (QNNKURT·IWPI GPV UVCPFGP KUV 1D FKG 6GVTCFTCEJOG XQT QFGT PCEJ FGT 4GXQNVG FGU &QOKVKWU &QOKVKCPWU IGRT·IV YWTFG KUV PKEJV GKP FGWVKI \W MN·TGP 7PUGT 5VÒEM YWTFG CWH GKPGO WPIGYÌJPNKEJ ITQGP WPF UEJYGTGP 5EJTÌVNKPI IGRT·IV FGO CWEJ FGT 5VGORGN GPVURTKEJV 'U JCPFGNV UKEJ WPUGTGU 9KUUGPU WO FCU \YGKVG DGMCPPVG 5VÒEM KP FKGUGT )TÌG WPF OKV JQJGO )GYKEJV PGDGP FGO 'ZGORNCT FGT 5COONWPI FGU +PUVKVWVGU HÒT #NVGTVWOUMWPFG FGT 7PKXGTUKV·V \W -ÌNP GTYQTDGP PCEJ FGT 2WDNKMCVKQP FGT 5COONWPI

103

1,5:1

8190

1,5:1

&QOKVKWU &QOKVKCPWU $ 6GVTCFTCEJOG ,CJT I -QRH T OKV .QTDGGT MTCP\ 0KMG UVGJV N OKV -TCP\ WPF 2CNO\YGKI &CVVCTK 5CXKQ FKGU 'ZGORNCT )GKUUGP 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT ªDGT &QOKVKWU &QOKVKCPWU GKPGP MWT\NGDKIGP 7UWTRCVQT KP I[RVGP KUV YGPKI DGMCPPV &KG 4GXQNVG FKG YCJT UEJGKPNKEJ OKV FGT /ÒP\TGHQTO FGU &KQENGVKCPWU KP <WUCOOGPICPI UVGJV DGICPP KP FGT GTUVGP #WIWUVJ·NHVG CW GTJCND #NGZCPFTKCU FKG 5VCFV MCO CDGT YCJTUEJGKPNKEJ PQEJ KO .CWHG FGU #WIWUV KP FKG *·PFG FGU 7UWTRCVQTU /ÌINKEJGTYGKUG UVCTD FGT -CKUGT DGTGKVU KO &G\GODGT FKG 4GXQNVG FCWGTVG LGFQEJ \WOKPFGUV KP #NGZCPFTKC DKU KP FGP /·T\ CP

.QV #NGZCPFTKPGT $ 6GVTCFTCEJOGP %NCWFKWU WPF #PVQPKC %NCWFKWU WPF /GUUCNKPC 0GTQ WPF 2QR RCGC 0GTQ WPF #ITKRRKPC HKNKC 0GTQ #FNGT 0GTQ #NGZCPFTKC &KQDQNG %NCWFKWU WPF #ITKRRKPC (K NKC %NCWFKWU 5VKGT &KEJCNMC 6TCKCPWU 0KNRHGTF CPQP[O -QRH T -GT[MGKQP 5VÒEM /GKUV UGJT UEJÌP

/ª0<'0 &'4 4¤/+5%*'0 4'27$.+-

8192

#U X %JT 4QO CPQP[O I ,CPWUMQRH FCTÒDGT + /GTEWTMQRH N FCTÒDGT + $/% %TCYH 5[F 4 )TÒPG 2CVKPC UGJT UEJÌP 'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T /KV FKGUGO 5VÒEM WPF FGP HQNIGPFGP HÒPH /ÒP\GP NKGIV FKG MQORNGVVG GTUVG #GU ITCXG 5GTKG XQT 'U JCPFGNV UKEJ WO FCU GTUVG )GNF FCU KP 4QO UGNDUV JGTIGUVGNNV YWTFG

8193

5GOKU X %JT 4QO CPQP[O I /KPGTXCMQRH QFGT WPD·TVKIGT /CTUMQRH! N OKV MQTKPVJKUEJGO *GNO WPVGP NKGIGPFGU 5 9GKDNKEJGT -QRH 8GPWU! N FCTWPVGT NKGIGPFGU 5 $/% %TCYH 5[F &WPMNG 2CVKPC GVYCU MQTTQFKGTV HCUV UGJT UEJÌP 'ZGORNCT FGT 5COONWPI #OCFGWU #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

104

8194

8195

8196

6TKGPU X %JT 4QO CPQP[O I $NKV\ N WPF T LG \YGK 9GTVMWIGNP &GNRJKP T FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH 5[F 4 )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

3WCFTCPU X %JT 4QO CPQP[O I 4GEJVG *CPF N FTGK 9GTVMWIGNP <YGK )GT UVGPMÌTPGT FC\YKUEJGP FTGK 9GTVMWIGNP $/% %TCYH 5[F 1NKXITÒPG 2CVKPC UGJT UEJÌP

5GZVCPU X %JT 4QO CPQP[O I /WUEJGN \YKUEJGP \YGK 9GTVMWIGNP %CFWEGWU \YKUEJGP \YGK 9GTVMWIGNP $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

8197

8198

7PEKC X %JT 4QO CPQP[O I -PÌEJGN FCPGDGP 9GTVMWIGN 9GTVMWIGN $/% %TCYH 5[F )TÒPG 2CVKPC HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

#U X %JT 4QO CPQP[O I #RQNNQMQRH T #RQNNQMQRH N $/% %TCYH 5[F 44 )N·P\GPFG ITÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 105

8199

5GOKU X %JT 4QO CPQP[O I 2GICUWU HNKGIV T FCTWPVGT 5 2GICUWU HNKGIV N FCTWPVGT 5 $/% %TCYH 5[F 4 )TÒPG 2CVKPC UGJT UEJÌP

8200

8201

8202

6TKGPU X %JT 4QO CPQP[O I 2HGTFGMQRH T FCTWPVGT XKGT 9GTVMWIGNP 2HGT FGMQRH N FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP

6TKGPU X %JT 4QO CPQP[O I 2HGTFGMQRH T FCTWPVGT XKGT 9GTVMWIGNP JKGT PKEJV OGJT UKEJVDCT 2HGTFGMQRH N FCTWPVGT XKGT 9GTVMWIGNP JKGT PKEJV OGJT UKEJVDCT $/% %TCYH 5[F $TCWPG 2CVKPC UEJÌP

3WCFTCPU X %JT 4QO CPQP[O I 'DGT T WPVGP FTGK 9GTVMWIGNP 'DGT N WPVGP FTGK 9GTVMWIGNP $/% %TCYH 5[F )TÒPG 2CVKPC HCUV UGJT UEJÌP

8203

5GZVCPU X %JT 4QO CPQP[O I &KQUMWTGPMQRH T FCJKPVGT \YGK 9GTVMWIGNP &KQU MWTGPMQRH N FCJKPVGT \YGK 9GTVMWIGNP $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP 'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T WPF FGT 5COONWPI 2JKNKRUGP -QRGPJCIGP /KV CNVGO 7PVGTNGI\GVVGN

106

8204

8205

7PEKC X %JT 4QO CPQP[O I )GTUVGPMQTP T 9GTVMWIGN )GTUVGPMQTP N 9GTV MWIGN $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP

5GOKU X %JT 4QO CPQP[O I /KPGTXCMQRH QFGT WPD·TVKIGT /CTUMQRH! T OKV MQTKPVJKUEJGO *GNO FCTWPVGT NKGIGPFGU 5 /KPGTXCMQRH QFGT WPD·TVKIGT /CTUMQRH! N OKV MQTKPVJK UEJGO *GNO FCTWPVGT NKGIGPFGU 5 $/% %TCYH 5[F $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

8207

8206

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

5GZVCPU X %JT 4QO CPQP[O I #WUUGPUGKVG GKPGT /WUEJGN WPVGP \YGK 9GTVMW IGNP +PPGPUGKVG GKPGT /WUEJGN $/% %TCYH 5[F )TÒPDTCWPG 2CVKPC -TCV\GT CWH FGO #XGTU UGJT UEJÌP UEJÌPpUGJT UEJÌP

'ZGORNCT FGT 5COONWPI 2GVGT *COOGTKEJ #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

8208

8209

7PEKC X %JT 4QO CPQP[O I -PÌEJGN XQP CWGP IGUGJGP -PÌEJGN XQP KPPGP IGUGJGP $/% %TCYH 5[F C )TÒPDTCWPG 2CVKPC UGJT UEJÌP

5GOWPEKC X %JT 4QO CPQP[O I 'KEJGN 'KEJGN $/% %TCYH 5[F )TÒPDTCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI 2GVGT *COOGTKEJ #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

107

8210

&WRQPFKWU X %JT 4QO CPQP[O I 4QOCMQRH T OKV RJT[IKUEJGO *GNO FCJKP VGT ++ 4CF OKV 5RGKEJGP KP GKPGO <YKUEJGPTCWO ++ $/% %TCYH 5[F +P FKGUGT 'TJCNVWPI CWGTQTFGPVNKEJ UGNVGP )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI &T *CIGP 6TQPPKGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T 9KG FKG 8QTFGTUGKVG FKGUGU ·WGTUV UGNVGPGP &WRQPFKWU GTMGPPGP N·V IGJÌTV FKGUG /ÒP\UGTKG OKV FGO 4CF \W FGT 4GKJG XQP &KFTCEJOGP FKG CWH FGT 8QTFGTUGKVG FGP -QRH FGT 4QOC WPF CWH FGT 4ÒEMUGKVG FKG 5KGIGUIÌVVKP 8KEVQTKC \GKIGP /KVG FKGUGT 5GTKG DGIKPPGPF \GKIV UKEJ GKPG GTUVG 4GFWMVKQP FGU #GU ITCXG CWH GKP #U )GYKEJV XQP 7P\GP

8212

8211

8213

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

6TKGPU X %JT 4QO CPQP[O I 2HGTF N FCTÒDGT WPF FCTWPVGT LG \YGK 9GTVMWIGNP 4CF KP FGP 5RGKEJGP XKGT 9GTVMWIGNP $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC UGJT UEJÌP

3WCFTCPU X %JT 4QO CPQP[O I *WPF N WPVGP FTGK 9GTVMWIGNP 4CF $/% %TCYH C 5[F )TÒPG 2CVKPC UGJT UEJÌP

108

8214

8215

5GZVCPU X %JT 4QO CPQP[O I 5EJKNFMTÌVG 4CF OKV UGEJU 5RGKEJGP $/% %TCYH 5[F C )TÒPDNCWG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

5GZVCPU X %JT 4QO CPQP[O I /WUEJGN \YKUEJGP \YGK 9GTVMWIGNP %CFWEGWU \YKUEJGP \YGK 9GTVMWIGNP T 5KEJGN $/% %TCYH 5[F )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

8216

8218

8217

8219

Õ &KFTCEJOG X %JT 4QO CPQP[O I /CTUMQRH T OKV *GNO FCJKPVGT -GWNG 2HGTF T FCJKPVGT -GWNG $/% %TCYH 5[F -N 2TÒHGKPJKGD CO 4CPF FGPPQEJ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &KFTCEJOG X %JT WPDGUVKOOVG /ÒP\UV·VVG CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP KO 4CJOGP 41/# $/% %TCYH 5[F F -N -TCV\GT CWH FGO #XGTU UQPUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &KFTCEJOG X %JT WPDGUVKOOVG /ÒP\UV·VVG CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP KO 4CJOGP 41/# $/% XGTIN %TCYH 5[F 9KP\ -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

Õ &KFTCEJOG X %JT WPDGUVKOOVG /ÒP\UV·VVG CPQP[O I ,CPWUMQRH ,WRKVGT OKV $NKV\ WPF <GRVGT KP 3WCFTKIC T XQP 8KEVQTKC IGNGPMV WPVGP CWH $QFGP KO 4CJOGP 41/# $/% XGTIN %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

8220

#U X %JT 4QO CPQP[O I $·TVKIGT ,CPWUMQRH WPVGP 9GTVCPICDG + NKGIGPF 2TQTC T FCTÒDGT + $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC UGJT UEJÌP 'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T WPF FGT 5COONWPI 2JKNKRUGP -QRGPJCIGP 'KPG 2T·IWPI KO TGFW\KGTVGP .KDTCN (W &KGUG U 5GTKG IGJÌTV \W FGP ,CPWUMQRH &KFTCEJOGP

109

8221

8222

8223

5GOKU X %JT 4QO CPQP[O I 5CVWTPMQRH N OKV .QTDGGTMTCP\ WPVGP 9GTVCP ICDG 5 NKGIGPF 2TQTC N FCTÒDGT 5 $/% %TCYH 5[F )TÒPDTCWPG 2CVKPC UEJÌPpUGJT UEJÌP

6TKGPU X %JT 4QO CPQP[O I /KPGTXCMQRH QFGT WPD·TVKIGT /CTUMQRH! N OKV MQTKPVJKUEJGO *GNO FCTWPVGT XKGT 9GTVMWIGNP 2TQTC T FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH C 5[F &WPMNG 2CVKPC UGJT UEJÌP

'KPG 2T·IWPI KO TGFW\KGTVGP .KDTCN (W

'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

3WCFTCPU X %JT 4QO CPQP[O I *GTEWNGUMQRH KO .ÌYGPHGNN N FCJKPVGT FTGK 9GTVMWIGNP 2TQTC T FCTWPVGT FTGK 9GTVMWIGNP $/% %TCYH 5[F )TÒPG 2CVKPC HCUV XQT\ÒINKEJ

8225

8224

5GZVCPU X %JT 4QO CPQP[O I /GTMWTMQRH N FCTWPVGT \YGK 9GTVMWIGNP 2TQTC T FCTWPVGT \YGK 9GTVMWIGNP $/% %TCYH 5[F 1NKXITÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T

110

7PEKC X %JT 4QO CPQP[O I 4QOCMQRH N OKV CVVKUEJGO *GNO FCJKPVGT 9GTVMW IGN 2TQTC T FCTWPVGT 9GTVMWIGN $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

8227 8226

8226

6TKGPU X %JT 4QO CPQP[O I /KPGTXCMQRH QFGT WPD·TVKIGT /CTUMQRH! N OKV MQTKPVJKUEJGO *GNO FCTWPVGT XKGT 9GTVMWIGNP 2TQTC N FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH C 5[F )TÒPG 2CVKPC UGJT UEJÌP UEJÌP

'ZGORNCT FGT 5COONWPI #OCFGWU #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

5GOWPEKC X %JT 4QO CPQP[O I /GTMWTMQRH T OKV 2GVCUQU 2TQTC T %TCYH 5[F )TÒPG 2CVKPC #XGTU GVYCU MQTTQFKGTV IWVGU UGJT UEJÌP

8229

8230

8231

8228

7PEKC X %JT 4QO CPQP[O I 4QOCMQRH T OKV CVVKUEJGO *GNO 2TQTC T WPVGP 9GTVMWIGN $/% %TCYH 5[F &WPMNG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI &T * 5EJYGFG #WMVKQP 2GWU (TCPMHWTV 0T

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

Õ 3WKPCT PCEJ X %JT 4QO CPQP[O I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT 8 &KQUMWTGP TGKVGP T WPVGP CWH $CNMGP 41/# $/% %TCYH 5[F .GKEJV FG\GPVTKGTV HCUV XQT\ÒINKEJ

Õ 3WKPCT PCEJ X %JT 4QO CPQP[O I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT 8 &KG &KQUMWTGP TGKVGP T $/% %TCYH C 5[F -N 5EJTÌVNKPIUTK HGKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

8234

8232

8233

5GOKU PCEJ X %JT 4QO CPQP[O I 5CVWTPMQRH T 2TQTC T $/% %TCYH 5[F C &WPMGNITÒPG 2CVKPC UGJT UEJÌP

$GK FKGUGT 5GTKG YKTF FGT 5GZVCPVCNHW #U 7P\GP UEJQP XGTNCUUGP

6TKGPU PCEJ X %JT 4QO CPQP[O I /KPGTXCMQRH T OKV MQTKPVJKUEJGO *GNO FCTÒDGT XKGT 9GTVMWIGNP 2TQTC T FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH 5[F D $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

3WCFTCPU PCEJ X %JT 4QO CPQP[O I *GTEWNGUMQRH T FCJKPVGT FTGK 9GTVMWIGNP 2TQTC FCTWPVGT FTGK 9GTVMWIGNP $/% %TCYH 5[F E $TCWPG 2CVKPC UGJT UEJÌP

111

8235

8237

8236

Õ &GPCT X %JT 4QO CPQP[O I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT : &KG &KQUMWTGP TGKVGP T WPVGP #PMGT $/% %TCYH 5[F $GCTDGKVWPIUURWTGP CO 4CPF YKP\ -TCV\GT CWH FGO #XGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

#U X %JT 4QO CPQP[O I ,CPWUMQRH FCTÒDGT + 2TQTC T FCTÒDGT + FCXQT #P MGT $/% %TCYH 5[F &WPMNG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT UK\KNKUEJG /ÒP\UV·VVG ! CPQP[O I 4QOCMQRH T &KQUMWTGP TGKVGP T WPVGP &GNRJKP $/% %TCYH C 5[F -N 5EJTÌVNKPIUTK HGKPG 2CVKPC HCUV XQT\ÒINKEJ

8238

8239

8240

5GOKU X %JT 4QO CPQP[O I 5CVWTPMQRH T OKV .QTDGGTMTCP\ FCJKPVGT 5 2TQTC T FCTÒDGT 5VCD FCXQT 5 $/% %TCYH 5[F C $TCWPG 2CVKPC MN 2T·IGUEJY·EJG IWVGU UGJT UEJÌP

#U X %JT 4QO %CGEKNKWU /GVGNNWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCTÒDGT /' NKIKGTV FCXQT + $CD $/% %TCYH 5[F (CUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T

&GT /ÒP\OGKUVGT IGJÌTVG YKG FCU /QPQITCOO CWH FGO 4GXGTU \GKIV UKEJGT \W FGP %CGEKNKK /GVGNNK

#U X %JT 4QO . 2NCWVKWU *[RUCGWU! I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT /QPQITCOO $CD $/% %TCYH 5[F )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

1,5:1

8241

Õ &GPCT X %JT 4QO 6QFWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT : .WPC KP $KIC T WPVGP 8QIGN $/% %TCYH 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI 6QFWU KUV FGT $GKPCOG GKPGU /QPGVCTU FGUUGP IGPU YKT PKEJV MGPPGP

112

1,5:1

8243

8242

#U X %JT 4QO 6QFWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTCWH 8QIGN CWH 6 OKV -TCP\ $/% %TCYH C 5[F $TCWPG 2CVKPC UGJT UEJÌP

5GOKU X %JT 4QO 6QFWU I 5CVWTPMQRH T OKV .QTDGGTMTCP\ 2TQTC T FCXQT 5 QDGP 8QIGN OKV -TCP\ ÒDGT 6 $/% %TCYH C 5[F C 44 &WPMNG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% * <ÒTKEJ 0T

8245

8244 8245

6TKGPU X %JT 4QO 6QFWU I /KPGTXCMQRH T OKV MQTKPVJKUEJGO *GNO FCTÒDGT XKGT 9GTVMWIGNP 2TQTC T FCTÒDGT 8QIGN CWH 6 FCTWPVGT XKGT 9GTVMWIGNP $/% %TCYH D 5[F H )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% / <ÒTKEJ 0T

#U X %JT 4QO . (WTKWU 2JKNWU ! I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT /QPQITCOO $CD $/% %TCYH 5[F 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

8246

8248

8247

#U X %JT 4QO / 6KVKPKWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP

#U X %JT 4QO /CVKGPWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT /QPQITCOO $CD $/% %TCYH 5[F C &WPMGNITÒPG 2CVKPC HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP %0) .CPECUVGT 0T

5GZVCPU X %JT 4QO % %NWXKWU 5CZWNC I /GTEWTMQRH T FCTÒDGT \YGK 9GTVMWIGNP 2TQTC T FCXQT \YGK 9GTVMWIGNP $CD $/% %TCYH 5[F F 4 1NKXITÒPG 2CVKPC HCUV UGJT UEJÌP 'ZGORNCT FGT #WMVKQP 0#% ( <ÒTKEJ 0T

113

8249

8250

#U X %JT 4QO # %CGEKNKWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F $TCWPG 2CVKPC UGJT UEJÌP

#U X %JT 4QO . %QTPGNKWU %KPPC I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F &WPMNG 2CVKPC UEJÌPpUGJT UEJÌP

8251

8253

8252

#U X %JT 4QO CPQP[O I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT FKG 9ÌNHKP OKV 4QOWNWU WPF 4GOWU $/% %TCYH 5[F &WPMGNITÒPG 2CVKPC MN 5EJTÌVNKPIUTK UGJT UEJÌP

#U X %JT 4QO 3 1RKOKWU ! I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F )TÒPG 2CVKPC UGJT UEJÌP

#U X %JT 4QO CPQP[O I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT 5VGTP $/% %TCYH 5[F $TCWPG 2CVKPC HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

8254

8255

Õ &GPCT X %JT 4QO % 5ETKDQPKWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT : &KG &KQUMWTGP TGKVGP T $CD $/% %TCYH 5[F #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI IWVGU UGJT UEJÌP

#U X %JT 4QO % 5ETKDQPKWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F 4 &WPMNG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

114

8255

8257

8256

8258

#U X %JT 4QO % /CKCPKWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F $TCWPG 2CVKPC UGJT UEJÌP

#U X %JT 4QO . 5CWHGKWU I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + FCTÒDGT *CNDOQPF $CD $/% %TCYH 5[F )TÒPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

#U X %JT 4QO 2 %QTPGNKWU 5WNNC I ,CPWUMQRH FCTÒDGT + 2TQTC T FCXQT + $CD $/% %TCYH 5[F )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

8260

8259

Õ &GPCT X %JT 4QO 5CHTC I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT : 8KEVQTKC KP $KIC T $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

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

Õ &GPCT X %JT 4QO % +WPKWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT : &KQUMWTGP TGKVGP T $CD $/% %TCYH 5[F 5GJT UEJÌP

8261

8263

8262

Õ &GPCT X %JT 4QO 3 /CTEKWU .KDQ I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCXQT : &KG &KQUMWTGP TGKVGP T $CD $/% %TCYH 5[F #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI UGJT UEJÌPpXQTWÒINKEJ

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

#U X %JT 4QO 3 /CTEKWU .KDQ I ,CPWUMQRH FCTÒDGT + 2TQTC T $CD $/% %TCYH C 5[F &WPMGNITÒPG 2CVKPC OKV JGNNGP #WHNCIGP UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

Õ &GPCT X %JT 4QO . 5GORTQPKWU 2KVKQ I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCXQT : &KQUMWTGP TGKVGP T $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

115

8265

8264

1,5:1

Õ &GPCT X %JT 4QO % 6GTGPVKWU .WECPWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO XQP 8KEVQTKC DGMT·P\V FCJKPVGT : &KG &KQUMWTGP TGKVGP T $CD $/% %TCYH 5[F 5GJT UEJÌP

&GT /ÒP\OGKUVGT KUV OKV GKPKIGT 9CJTUEJGKPNKEJMGKV FGT /CPP FGT FKG NKVGTCTKUEJGP 6CNGPVG UGKPGU 5MNCXGP 2WDNKWU 6GTGPVKWU #HGT GTMCPPVG KJP CWUDKNFGVG WPF HTGKNKG 6GTGPVKWU #HGT YCT PGDGP 2NCWVWU FGT DGFGWVGPFUVG TÌOKUEJG -QOÌFKGPFKEJVGT UGKPG UGEJU -QOÌFKGP UKPF CNNG GTJCNVGP

6TKGPU X %JT 4QO % 6GTGPVKWU .WECPWU I /KPGTXCMQRH T OKV MQTKPVJKUEJGO *GNO FCTÒDGT XKGT 9GTVMWIGNP 2TQTC T FCXQT XKGT 9GTVMWIGNP $CD $/% %TCYH 5[F D 4 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% ( <ÒTKEJ 0T

8266

8267

Õ &GPCT X %JT 4QO % #PVGUVKWU I 4QOCMQRH T &KQUMWTGP TGKVGP T WPVGP URTKPIV *WPF T $CD $/% %TCYH G 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO % 8CNGTKWU (NCEEWU I 4QOCMQRH T 8KEVQTKC KP $KIC T $CD $/% %TCYH 5[F 5GJT UEJÌP

8268

1,5:1

Õ &GPCT X %JT 4QO . #PVGUVKWU )TCIWNWU I 4QOCMQRH T FCXQT 5VGTP ,WRKVGT KP 3WCFTKIC T $CD $/% %TCYH 5[F 8QT\ÒINKEJ

*KGT GTUEJGKPV \WO GTUVGP /CN FGT 5VGTP CNU 9GTV\GKEJGP HÒT #UUG 8GTOWVNKEJ YWTFG X %JT FGT &GPCT QHHK\KGNN CWH #UUG HGUVIGUGV\V XQTJGT ICNV GT #UUG &KG QHHK\KGNNG #DYGTVWPI FGU #U D\Y FKG QHHK\KGNNG #WHYGTVWPI FGU &GPCT KUV YCJTUEJGKPNKEJ GTHQNIV YGKN FGT /CTMV FKGUGU 9GTVXGTJ·NVPKU FG HCEVQ UEJQP XQTJGT GTTGKEJV JCV

8269

8270

Õ &GPCT X %JT 4QO . #PVGUVKWU )TCIWNWU I 4QOCMQRH T FCXQT 5VGTP ,WRKVGT KP 3WCFTKIC T $CD $/% %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO % /KPWEKWU #WIWTKPWU I 4QOCMQRH T FCXQT : 5·WNG FCTCWH 5VCVWG GKPGU 6QICVWU OKV <GRVGT CP FGT $CUKU .ÌYGPMÌRHG OKV JTGP N 6QICVWU T #WIWT $CD $/% %TCYH 5[F 4 5GJT UEJÌP

&KG 5·WNG KUV FKG %QNWOPC /KPWEKC GKP 'JTGPOCN HÒT . /KPWEKWU FGT KO ,CJTG X %JT HÒT GKPG )GVTGKFGXGTVGK NWPI \WUV·PFKI YCT .KPMU KUV GKP YGKVGTGT #JPJGTT FGU /ÒP\OGKUVGTU GKPGT FGT -QPUWNP FGT ,CJTG QFGT X %JT FCTIGUVGNNV T / /KPWEKWU (CGUWU FGT GTUVG RNGDGKUEJG #WIWT

116

8271

8272

8273

8274

Õ &GPCT X %JT 4QO / /CTEKWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT /Q FKWU FCXQT 5VGTP 8KEVQTKC KP $KIC T WPVGP \YGK JTGP $CD $/% %TCYH 5[F 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

/QFKWU WPF JTG YGKUGP CWH FGP 8CVGT FGU /ÒP\OGKUVGTU JKP FGT X %JT CNU GKPGT FGT GTUVGP )GVTGKFG CP FGP RQRWNWU TQOCPWU XGTVGKNGP NKG WPF \YCT FGP /QFKWU \W GKPGO #U 2NKPKWU 0* :8+++

3WCFTCPU X %JT 4QO 2 /CGPKWU / H #PVKCU I *GTEWNGUMQRH KO .ÌYGPHGNN T FC JKPVGT FTGK 9GTVMWIGNP 2TQTC T FCXQT FTGK 9GTVMWIGNP $/% %TCYH 5[F C )TÒPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT 4QO / #DWTKWU )GOKPWU I 4QOCMQRH T FCXQT 5VGTP 5QN KP 3WCFTKIC T $CD $/% %TCYH 5[F 5GJT UEJÌP

/ #DWTKWU JCVVG XGTOWVNKEJ GKPGP <YKNNKPIUDTWFGT FGP /ÒP\OGKUVGT FGU ,CJTGU X %JT % #DWTKWU FCJGT FGT $GKPCOG )GOKPWU

Õ &GPCT X %JT 4QO 3 %CGEKNKWU /GVGNNWU I 4QOCMQRH T FCXQT 5VGTP ,WRKVGT KP 3WCFTKIC T OKV $NKV\ WPF <YGKI $CD $/% %TCYH 5[F 5GJT UEJÌP

1,5:1

3WCFTCPU X %JT 4QO 3 (CDKWU /CZKOWU I *GTEWNGUMQRH KO .ÌYGPHGNN T FCJKPVGT FTGK 9GTVMWIGNP 2TQTC T CWH FGO 8QTUEJKHH NKGIGPFGT 5EJKNF FCXQT FTGK 9GTVMWIGNP $CD $/% %TCYH 5[F C 5EJYCT\G 2CVKPC RT·IGHTKUEJGU 2TCEJVGZGORNCT XQP HGKPUVGO 5VKN

8276

8275

8277

8278

Õ &GPCT X %JT 4QO / (WTKWU 2JKNWU I ,CPWUMQRH 4QOC UVGJV N WPF DGMT·P\V 6TQ RJ·G $CD $/% %TCYH 5[F 5GJT UEJÌP

&KG 4ÒEMUGKVGPFCTUVGNNWPI DG\KGJV UKEJ CWH FGP 5KGI ÒDGT FKG #NNQDTQIGT WPF #TXGTPGT

Õ &GPCT 5GTTCVWU X %JT 0CTDQ . 2QTEKWU .KEKPWU . .KEKPKWU WPF %P &QOKVKWU I 4QOCMQRH T )CNNKUEJGT -TKGIGT OKV 5EJKNF 5RGGT WPF %CTP[Z KP $KIC T $CD $/% %TCYH 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT 4QO 2 .KEKPKWU 0GTXC I 4QOCMQRH N OKV *GNO 5RGGT WPF 5EJKNF FCTÒDGT *CNDOQPF FCXQT 5VGTP 9CJNU\GPG $ÒTIGT GTJ·NV 5VKOOVCHGN XQP MPKGPFGT (KIWT T $ÒTIGT DGKO 9·JNGP $CD $/% %TCYH 5[F 5GJT UEJÌP

117

8280

8279

Õ &GPCT X %JT 4QO %P %QTPGNKWU $NCUKQ I /CTUMQRH T OKV *GNO FCJKPVGT -TCP\ FCTÒDGT 5VGTP ,WRKVGT UVGJV X X \YKUEJGP ,WPQ WPF /KPGTXC $CD $/% %TCYH G 5[F D &TWEMUVGNNG CWH FGO 4GXGTU UGJT UEJÌP XQT\ÒINKEJ

Õ &GPCT X %JT 4QO / *GTGPPKWU I 2KGVCUMQRH T #ORJKPQOWU VT·IV UGKPGP 8CVGT T $CD $/% %TCYH C 5[F 5GJT UEJÌP

#ORJKPQOWU WPF #PCRKCU YCTGP \YGK $TÒFGT CWU -CVCPKC FKG DGK GKPGO #GVPC #WUDTWEJ KJTG 'NVGTP TGVVGVGP *KGT UGJGP YKT 2KGVCU FGT 8QTFGTUGKVG KP #MVKQP

8282

8281

Õ &GPCT 5GTTCVWU X %JT 4QO . #WTGNKWU %QVVC I +P -TCP\ $ÒUVG FGU 8WNECP T FC JKPVGT 5VGTP WPF <CPIG FCXQT 6 +P -TCP\ #FNGT CWH $NKV\ $CD $/% %TCYH D 5[F (GKPG 2CVKPC UGJT UEJÌP

&GT #XGTU KUV XQP /ÒP\GP FGT 5VCFV .KRCTC CWH 5K\KNKGP ÒDGTPQOOGP FKG GKP 8QTHCJTG FGU /ÒP\OGKUVGTU GTQDGTV JCVVG

Õ &GPCT 5GTTCVWU X %JT 4QO . #WTGNKWU %QVVC I +P -TCP\ $ÒUVG FGU 8WNECP T FC JKPVGT 5VGTP WPF <CPIG +P -TCP\ #FNGT CWH $NKV\ $CD $/% %TCYH E 5[F C 5GJT UEJÌP

8283

8284

1,5:1

Õ &GPCT X %JT 4QO . 6JQTKWU $CNDWU I -QRH FGT NCXKPKUEJGP ,WPQ T 5VKGT URTKPIV T QDGP # $CD $/% %TCYH 5[F 9KP\ -TCV\GT CWH FGO #XGTU UQPUV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT X %JT 4QO . 5GPVKWU I 4QOCMQRH T FCJKPVGT #4) 28$ ,WRKVGT KP 3WCFTKIC T $CD $/% %TCYH C 5[F C (GKPG 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

&CU GZ #4)GPVQ 27$NKEQ CWH FGT 8QTFGTUGKVG JCV XGTOWVNKEJ MGKPG URG\KGNNG $GFGWVWPI FGPP CNNG /ÒP\GP FÒTHVGP OKV /GVCNN CWU 5VCCVUDGUKV\ IGRT·IV YQTFGP UGKP +P FGT <GKV X %JT MQOOV FKGUGT QFGT GKP ·JPNKEJGT *KP YGKU OGJTHCEJ XQT

8285

8286

Õ &GPCT X %JT 4QO % (WPFCPKWU I 4QOCMQRH T OKV IGHNÒIGNVGO *GNO FCJKPVGT 4 6TKWORJCVQT KP 3WCFTKIC T FCPGDGP 4GKVGT T OKV .QTDGGTMTCP\ $CD $/% XGTIN %TCYH 5[F 8QT\ÒINKEJGU 2TCEJVGZGORNCT

'ZGORNCT FGT 5COONWPI &T % #WMVKQP -TKEJGNFQTH $GTNKP 0T &CU 5VÒEM HGKGTV FGP 6TKWORJ FGU /CTKWU FGT KJO HÒT UGKPG 5KGIG ÒDGT FKG -KODGTP DGK #SWCG 5GZVKCG WPF FKG 6GWVQ PGP DGK 8GTEGNNCG IGY·JTV YQTFGP YCT

118

Õ &GPCT X %JT 4QO % (WPFCPKWU I 4QOCMQRH T 6TKWORJCVQT KP 3WCFTKIC T FCPGDGP 4GKVGT T OKV .QTDGGTMTCP\ $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

8288

8287

Õ &GPCT X %JT 4QO 2WD %QTPGNKWU .GPVWNWU I *GTMWNGUDÒUVG KO .ÌYGPHGNN XQP JKPVGP IGUGJGP T OKV -GWNG FCJKPVGT 5EJKNF 4QOC UVGJV X X XQP )GPKWU DGMT·P\V WOJGT .QTDGGTMTCP\ $CD $/% %TCYH E 5[F C 4 5GJT UEJÌP

Õ &GPCT X %JT 4QO . %CNRWTPKWU 2KUQ %CGUQPKWU WPF 3 5GTXKNKWU %CGRKQ I 5CVWTP MQRH T FCJKPVGT *CTRC <YGK 3WCGUVQTGP UKV\GP N \YKUEJGP JTGP $CD $/% HH %TCYH C 5[F 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO . %CNRWTPKWU 2KUQ %CGUQPKWU WPF 3 5GTXKNKWU %CGRKQ I 5CVWTP MQRH T FCJKPVGT *CTRC QDGP N /QPFUKEJGN <YGK 3WCGUVQTGP UKV\GP N \YKUEJGP JTGP $CD $/% %TCYH D 5[F C 5GJT UEJÌP

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 (GKPG 2CVKPC UGJT UEJÌP

8292

8291

Õ &GPCT X %JT 4QO # 2QUVWOKWU #NDKPWU . %CGEKNKWU /GVGNNWU WPF % 2QDNKEKWU /CNNGQNWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N CWH 5EJKNFGP OKV 5RGGT WPF 2CTC\QPKWO WPF YKTF XQP 8KEVQTKC DGMT·P\V $CD $/% %TCYH C 5[F (GKPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

Õ &GPCT X %JT 4QO % 2QDNKEKWU /CNNGQNWU I /CTUMQRH T FCTÒDGT *COOGT -TKGIGT UVGJV N OKV 5RGGT (W CWH 2CP\GT FCXQT 6TQRJ·G FCJKPVGT 2TQTC $CD $/% %TCYH D 5[F 5GJT UEJÌP

8293

8290

8289

8294

8295

8296

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 C 44 'VYCU $GNCI WPF *QTPUKNDGT UGJT UEJÌP

&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 $CD $/% XGTIN HH %TCYH 5[F (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT X %JT 4QO & +WPKWU 5KNCPWU I 4QOCMQRH T FCJKPVGT $ #XGTUKPEWUWO $CD $/% XGTIN %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO . %CNRWTPKWU 2KUQ (TWIK I #RQNNQMQRH T OKV .QTDGGTMTCP\ \YK UEJGP 8 % 4GKVGT T OKV 2CNO\YGKI QDGP : $CD $/% XGTIN HH %TCYH 5[F (GKPG 6ÌPWPI XQT\ÒINKEJ

119

8297

8298

#U X %JT 4QO . %CNRWTPKWU 2KUQ (TWIK I ,CPWUMQRH FCTÒDGT + 2TQTC T FCTCWH 8KEVQTKC $CD $/% %TCYH 5[F &WPMNG 2CVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

#U X %JT 4QO 3 6KVKWU I ,CPWUMQRH 2TQTC T FCXQT 5VGTP $CD $/% %TCYH F 5[F D 4 $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

'ZGORNCT FGT #WMVKQP 0#% / <ÒTKEJ 0T

1,5:1

8299

1,5:1

Õ &GPCT WO X %JT $QXKCPWO ! CPQP[O I -QRH FGT +VCNKC N OKV .QTDGGTMTCP\ T 8+6'.+7 KP QUMKUEJGT 5EJTKHV +VCNKC 5QNFCV UVGJV X X OKV 5RGGT -QRH T FCPGDGP NCIGTV 5VKGT X X 5[F 44 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

X %JT ITÒPFGVGP FKG KVCNKUEJGP $WPFGUIGPQUUGP 4QOU FGPGP FCU TÌOKUEJG $ÒTIGTTGEJV \WP·EJUV XGTURTQEJGP FCPP CDGT XGTYGKIGTV YQTFGP YCT GKPGP GKIGPGP 5VCCV PCOGPU +VCNKC FCJGT CWEJ FGT +VCNKCMQRH CWH FGO #XGTU FGU 5VÒEMGU OKV %QTHKPKWO CNU *CWRVUVCFV 0CEJ FGO (CNN %QTHKPKWOU YWTFG HÒT MWT\G <GKV $QXKCPWO \WT *CWRVUVCFV +P GKPGO FTGKL·JTKIGP DNWVKIGP -TKGI IGNCPI GU 4QO +VCNKGP YKGFGT XÌNNKI \W WPVGTYGTHGP

8300

8301 1,5:1

Õ &GPCT X %JT 4QO / 2QTEKWU %CVQ I 4QOCMQRH ! T 8KEVQTKC UKV\V T OKV 2CVGTC WPF 2CNO\YGKI $CD $/% %TCYH D 5[F (GKP IGVÌPV XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT X %JT 4QO / 2QTEKWU %CVQ I 4QOCMQRH ! T 8KEVQTKC UKV\V T OKV 2CVGTC WPF 2CNO\YGKI $CD $/% %TCYH D 5[F 'VYCU FG\GPVTKGTV 2T·IGUEJY·EJG CO 4CPF UQPUV XQT\ÒINKEJ

8302

8303

8304

Õ 3WKPCT X %JT 4QO / 2QTEKWU %CVQ I .KDGTMQRH T OKV 'HGWMTCP\ FCTWPVGT %CFWEGWU 8KEVQTKC UKV\V T OKV 2CVGTC $CD $/% %TCYH D 5[F E 5GJT UEJÌP

&GT TÌOKUEJG )QVV .KDGT YKTF OKV FGO ITKGEJKUEJGP &KQP[UQU INGKEJIGUGV\V

120

Õ 3WKPCT X %JT 4QO / 2QTEKWU %CVQ I .KDGTMQRH T OKV 'HGWMTCP\ FCTWPVGT *GNO 8KEVQTKC UKV\V T OKV 2CVGTC $CD $/% %TCYH D 5[F E 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ 3WKPCT X %JT 4QO / 2QTEKWU %CVQ I .KDGTMQRH T OKV 'HGWMTCP\ FCTWPVGT 8+ 8KEVQTKC UKV\V T OKV 2CVGTC $CD $/% %TCYH D 5[F D .GKEJV MQTTQFKGTV HCUV UGJT UEJÌP

8305

8306

8305

Õ &GPCT X %JT 4QO % /CTEKWU %GPUQTKPWU ! I #RQNNQMQRH T 2HGTF T FCTÒDGT .KVWWU KO #DUEJPKVV (ÒNNJQTP $CD $/% %TCYH D 5[F 'VYCU MQTTQFKGTV IWVGU UGJT UEJÌP XQT\ÒINKEJ

#U X %JT 4QO % /CTEKWU %GPUQTKPWU I -ÌRHG FGU 0WOC 2QORKNKWU WPF FGU #PEWU /CTEKWU T <YGK 5EJKHHUJ·WUGT KP GKPGO 8KEVQTKCUVCVWG CWH 5·WNG KP FGO CPFGTGP 2TQTC WPF *CND OQPF $CD $/% %TCYH 5[F 4 )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T &KG 8QTFGTUGKVG \GKIV #PEWU /CTEKWU FGP 5VCOOXCVGT FGT IGPU /CTEKC WPF FGUUGP HKMVKXGP )TQXCVGT 0WOC 2QORK NKWU &GT 4GXGTU UVGNNV 5EJKHHUJ·WUGT KO *CHGP XQP 1UVKC FCT FGP FGT .GIGPFG PCEJ #PEWU /CTEKWU GKPIGTKEJVGV JCVVG &KG 8KEVQTKCUVCVWG WPF FKG 2TQTC URKGNGP YCJTUEJGKPNKEJ CWH FKG .CPFWPI FGT /CTKCPGT KP 1UVKC CP UKGJG (WEJU #TEJK VGMVWTFCTUVGNNWPIGP CWH TÌOKUEJGP /ÒP\GP $GTNKP 5 H

8307

8309

8308

8310

Õ &GPCT X %JT 4QO . WPF % /GOOKWU )CNGTKC I 5CVWTPMQRH N FCJKPVGT *CTRC 8G PWU KP $KIC T XQP %WRKFQ DGMT·P\V KO #DUEJPKVV . % /+/+'5 UKE . ( )#. $CD $/% XGTIN %TCYH 5[F 5GNVGPG 8CTKCPVG 5GJT UEJÌP

Õ &GPCT X %JT 4QO CPQP[O I #RQNNQMQRH T OKV .QTDGGTMTCP\ ÒDGT $NKV\ ,WRKVGT KP 3WCFTKIC T $CD $/% %TCYH # 5[F 5GJT UEJÌPpXQT\ÒINKEJ

&KG &CTUVGNNWPI FKGUGU UEJTKHVNQUGP &GPCTU \GKIV FC GT WPVGT FGP +++XKTK CCCHH % )CTIQPKWU / 8GTIKNKWU WPF 1IWN PKWU IGRT·IV YWTFG

Õ &GPCT X %JT 4QO . ,WNKWU $WTUKQ I )GPKWUDÒUVG T ÒDGT FGT 5EJWNVGT &TGK\CEM FC JKPVGT %JKTWTIGPDGUVGEM 8KEVQTKC KP 3WCFTKIC T $CD $/% %TCYH C 5[F 8QT\ÒINKEJ

Õ &GPCT X %JT 4QO . ,WNKWU $WTUKQ I )GPKWUDÒUVG T ÒDGT FGT 5EJWNVGT &TGK\CEM FC JKPVGT $QIGP 8KEVQTKC KP 3WCFTKIC T $CD $/% %TCYH D 5[F 5GJT UEJÌP

8311

8312 1,5:1

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 C 5[F 4 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT X %JT 4QO % .KEKPKWU /CEGT I #RQNNQDÒUVG N OKV $NKV\ /KPGTXC KP 3WCFTKIC T $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

121

8314

8313

Õ &GPCT X %JT 4QO % .KEKPKWU /CEGT I #RQNNQDÒUVG N OKV $NKV\ /KPGTXC KP 3WCFTKIC T $CD $/% %TCYH 5[F $TGKVGT 5EJTÌVNKPI NGKEJV IGYGNNV UQPUV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

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 5GJT UEJÌP

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

8316

8315

8318

8317

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 5GJT UEJÌP

Õ &GPCT X %JT 4QO % 0QTDCPWU I 8GPWUMQRH T 2TQTC (CUEGU %CFWEGWU JTG $CD $/% %TCYH C 5[F -N -TCV\GT CWH FGO #XGTU UGJT UEJÌPpXQT\ÒINKEJ

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

Õ &GPCT X %JT 4QO 2 %TGRWUKWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ WPF <GRVGT FCJKP VGT 0 FCXQT 9GFGN 4GKVGT T $CD $/% %TCYH E 5[F C )WVGU UGJT UEJÌP

8319

8319 1,5:1

Õ &GPCT 5GTTCVWU X %JT 4QO % /COKNKWU .KOGVCPWU I /GTEWTDÒUVG T ÒDGT FGT 5EJWNVGT %CFWEGWU FCJKPVGT 8 1F[UUGWU IGJV T OKV 5VCD FCXQT UVGJV UGKP *WPF #TIWU N $CD $/% %TCYH 5[F 4 #XGTU OKP FG\GPVTKGTV FGPPQEJ CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&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

8320

Õ &GPCT XQT %JT 4QO . /CTEKWU %GPUQTKPWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ /CT U[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 FCT IGUVGNNV -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

122

8322

8321

8324

8323

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

Õ &GPCT X %JT /CUUKNKC % 8CNGTKWU (NCEEWU I 8KEVQTKCDÒUVG T FCXQT &TGKHW .GIK QPUCFNGT \YKUEJGP \YGK (GNF\GKEJGP OKV * HÒT *CUVCVK WPF 2 HÒT 2TKPEKRGU $CD $/% %TCYH E 5[F -NGKPG &TWEMUVGNNG CWH FGO #XGTU UQPUV XQT\ÒINKEJGU 'ZGORNCT

'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 X %JT .CIGTOÒP\UV·VVG . /CPNKWU 6QTSWCVWU I 4QOCMQRH T 5WNNC OKV %CFW EGWU KP 3WCFTKIC T DGMT·P\V XQP N HNKGIGPFGT 8KEVQTKC $CD $/% %TCYH 5[F C (GKPG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG . /CPNKWU 6QTSWCVWU I 4QOCMQRH T 5WNNC OKV %CFW EGWU KP 3WCFTKIC T DGMT·P\V XQP N HNKGIGPFGT 8KEVQTKC $CD XGTIN $/% XGTIN %TCYH 5[F XGTIN C (GKPG 2CVKPC IWVGU UGJT UEJÌP

8325

8326

Õ &GPCT X %JT .CIGTOÒP\UV·VVG . /CPNKWU 6QTSWCVWU I 4QOCMQRH T 5WNNC OKV %CFW EGWU KP 3WCFTKIC T DGMT·P\V XQP N HNKGIGPFGT 8KEVQTKC $CD XGTIN $/% XGTIN %TCYH 5[F XGTIN -N -TCV\GT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

Õ &GPCT X %JT PQTFKVCNKUEJG /ÒP\UV·VVG % #PPKWU WPF . (CDKWU *KURCPKGPUKU I $Ò UVG FGT #PPC 2GTGPPC T \YKUEJGP %CFWEGWU WPF 9CCIG FCTWPVGT 5 ! 8KEVQTKC KP 3WCFTKIC T FCT ÒDGT 3 $CD $/% %TCYH D 5[F C 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

'KPG KORGTCVQTKUEJG 2T·IWPI KO -CORH IGIGP 5GTVQTKWU KP 5RCPKGP &GT CWH FGT /ÒP\G IGPCPPVG 3W·UVQT (CDKWU IKPI UR·VGT \W 5GTVQTKWU ÒDGT WPF IKPI OKV FKGUGO WPVGT

8327

1,5:1

Õ &GPCT X %JT PQTFKVCNKUEJG /ÒP\UV·VVG % #PPKWU WPF . (CDKWU *KURCPKGPUKU I $Ò UVG FGT #PPC 2GTGPPC T FCXQT 9CCIG 8KEVQTKC KP 3WCFTKIC T FCTÒDGT 3 FCTWPVGT 4 $CD $/% %TCYH E 5[F G WGTUV UGNVGPG 8CTKCPVG 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

%TCYH E KUV QJPGJKP UGNVGP FKG 8CTKCPVG OKV FGO -QPVTQNNDWEJUVCDGP 4 KUV FKG UGNVGPUVG 8CTKCPVG # $CPVK MCPPVG \YCT 5VÒEMG OKV FKGUGO -QPVTQNNDWEJUVCDGP 0T MQPPVG LGFQEJ MGKP 'ZGORNCT CDDKNFGP /KEJCGN %TC YHQTF MCPPVG MGKP 'ZGORNCT KP FGP ITQGP 5COONWPIGP UQPFGTP PWT GKP 5VÒEM KP FGT 5COONWPI (CNNCPK

123

8328

1,5:1

Õ &GPCT X %JT 4QO 2 5GTXKNKWU 8CVKC +UCWTKEWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ N .KVWWU WPF $ T 5VGTP 4GKVGTMCORH \YKUEJGP GKPGO -·ORHGT OKV 5EJYGTV WPF GKPGO -·ORHGT OKV .CP\G $CD $/% %TCYH D 5[F 4 (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

2 5GTXKNKWU 8CVKC +UCWTKEWU RCVGT YKG %KEGTQ KJP \WT 7PVGTUEJGKFWPI XQP UGKPGO INGKEJPCOKIGP 5QJP GKPGO #P J·PIGT %CGUCTU PGPPV YCT GKP 7PVGTUVÒV\GT 5WNNCU X %JT XGTUWEJVG GT UKEJ FGT 4ÒEMMGJT FGU /CTKWU \W YKFGT UGV\GP GTNKVV LGFQEJ DGK #TKOKPWO GKPG 0KGFGTNCIG WPF OWVG PCEJ )TKGEJGPNCPF KPU .CIGT 5WNNCU HNKGJGP /KV FKGUGO MGJTVG GT X %JT \WTÒEM WPF GTTCPI X %JT HÒT KJP DGK %NWUKWO GKPGP 5KGI 5WNNC GJTVG UGKPGP -CORHIGH·JTVGP W C OKV FGT XQTNKGIGPFGP 2T·IWPI FGTGP 4ÒEMUGKVG XQP GKPGT 2T·IWPI FGU % 5GTXKNKWU 8CVKC %TCYH FGO 8CVGT FGU +UCWTKEWU ÒDGTPQOOGP KUV

8329

8331

8330

Õ &GPCT X %JT 4QO 3 (CDKWU /CZKOWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ FCXQT 5VGTP WPF .[TC +P -TCP\ (ÒNNJQTP XQT $NKV\ $CD $/% %TCYH 5[F #VVTCMVKXGU 'ZGORNCT GVYCU $GNCI UGJT UEJÌP

Õ &GPCT 5GTTCVWU X %JT 4QO # 2QUVWOKWU #NDKPWU I &TCRKGTVG $ÒUVG FGT &KCPC T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT FCTÒDGT $WETCPKWO 6QICVWU UVGJV N XQT #NVCT WPF J·NV #URGT IKNNWO ÒDGT 4KPF $CD $/% %TCYH 5[F 5GJT UEJÌP

ªDGT FKG CWH FGT /ÒP\G FCTIGUVGNNVG )GUEJKEJVG DGTKEJVGV .KXKWU + 'KP 5CDKPGT DGUC GKPG -WJ XQP WPIGYÌJPNK EJGT )TÌG WPF 5EJÌPJGKV &KG 9CJTUCIGT RTQRJG\GKVGP FGT 5VCCV FGUUGP $ÒTIGT FCU 6KGT FGT &KCPC QRHGTVGP YÒTFG FGT 5KV\ GKPGU +ORGTKWOU YGTFGP &GT 5CDKPGT DTCEJVG FCU 4KPF \WO &KCPCVGORGN KP 4QO WO GU \W QRHGTP YWTFG CDGT WPVGT GKPGO 8QTYCPF YGIIGUEJKEMV UQ FC GKP 4ÌOGT FCU 6KGT QRHGTP MQPPVG &KG *ÌTPGT YWTFGP KO &KCPC VGORGN KP 4QO CWHDGYCJTV

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

8332

8333

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

&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 FC XQT 5VQTEJ +O -TCP\ -CPPG WPF .KVWWU $CD $/% %TCYH 5[F 5GJT UEJÌP 'KPG KORGTCVQTKUEJG 2T·IWPI FGU %CGEKNKWU /GVGNNWU 2KWU CNU .GICV 5WNNCU CWH FGP UKEJ FCU +/2'4CVQT FGT 4ÒEMUGKVG DG\KGJGP FÒTHVG

124

8335

8334 1,5:1

Õ &GPCT X %JT WPDGUVKOOVG ITKGEJKUEJG QFGT MNGKPCUKCVKUEJG /ÒP\UV·VVG CPQP[O I 8G PWUMQRH T &QRRGNHÒNNJQTP $CD $/% %TCYH 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&CU 5VÒEM YWTFG XQP GKPGO 3W·UVQT WPVGT 5WNNC IGRT·IV

Õ &GPCT 5GTTCVWU X %JT 4QO % /CTKWU %CRKVQ I %GTGUMQRH T 2HNÒIGT OKV 1EJUGP IGURCPP N $CD $/% %TCYH C 5[F (GKPG 2CVKPC UGJT UEJÌP

8336 8338

8337

Õ 3WKPCT X %JT WPDGUVKOOVG /ÒP\UV·VVG CPQP[O I #RQNNQMQRH T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQRJ·G $/% %TCYH D 5[F C 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT 5GTTCVWU X %JT 4QO . 2TQEKNKWU I -QRH FGT ,WPQ 5QURKVC T ,WPQ 5QURKVC KP $KIC T OKV 5RGGT WPF 5EJKNF FCTWPVGT 5EJNCPIG $CD $/% %TCYH 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT 5GTTCVWU X %JT 4QO % 2QDNKEKWU I 4QOCDÒUVG T QDGP # *GTCMNGU N GT YÒTIV FGP PGOGKUEJGP .ÌYGP WPVGP -GWNG N -ÌEJGT OKV 2HGKNGP WPF $QIGPVCUEJG N # $CD $/% %TCYH 5[F (CUV XQT\ÒINKEJ

#WU GKPGT +PUEJTKHV +..42 YKUUGP YKT FC FKG IGPU 2QDNKEKC UKEJ WO FGP *GTEWNGUVGORGN MÒOOGTVG &KGU FÒTHVG FKG 9CJN FGT 4GXGTUFCTUVGNNWPI GTMN·TGP

8339

8340

8341

8342

Õ &GPCT 5GTTCVWU X %JT 4QO % 2QDNKEKWU I 4QOCDÒUVG T QDGP - *GTCMNGU N GT YÒTIV FGP PGOGKUEJGP .ÌYGP WPVGP -GWNG N -ÌEJGT OKV 2HGKNGP WPF $QIGPVCUEJG $CD $/% %TCYH 5[F (GKPG 6ÌPWPI UGJT UEJÌP

Õ &GPCT 5GTTCVWU X %JT 4QO % 2QDNKEKWU I 4QOCDÒUVG T QDGP : *GTCMNGU N GT YÒTIV FGP PGOGKUEJGP .ÌYGP WPVGP -GWNG N -ÌEJGT OKV 2HGKNGP WPF $QIGPVCUEJG N : $CD $/% %TCYH 5[F (GKPG 6ÌPWPI UGJT UEJÌP

Õ &GPCT 5GTTCVWU X %JT 4QO 6K %NCWFKWU I &KCPCDÒUVG T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 8KEVQTKC KP $KIC T WPVGP :::++++ $CD $/% %TCYH 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT 5GTTCVWU X %JT 4QO 6K %NCWFKWU I &KCPCDÒUVG T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 8KEVQTKC KP $KIC T WPVGP :::8 $CD $/% %TCYH 5[F 5GJT UEJÌP

125

8343

1,5:1

Õ &GPCT X %JT 4QO / 8QNVGKWU I ,WRKVGTMQRH T ,WRKVGT 6GORGN $CD $/% %TCYH 5[F 4 (GKPG 6ÌPWPI UGJT UEJÌP

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

8345

8344

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

Õ &GPCT X %JT 4QO / 8QNVGKWU I ,WRKVGTMQRH T ,WRKVGT 6GORGN $CD $/% %TCYH 5[F 4 (GKPG 6ÌPWPI MN 2T·IGUEJY·EJG UGJT UEJÌP

8346

8347

8348

8349

Õ &GPCT X %JT 4QO . 4WUVKWU I /KPGTXCMQRH T 9KFFGT T $CD $/% %TCYH 5[F 4 (CUV XQT\ÒINKEJ

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG ! %P %QTPGNKWU .GPVWNWU I -QRH FGU )GPKWU 2QRWNK 4QOCPK T )NQDWU \YKUEJGP DGMT·P\VGO <GRVGT WPF 5VGWGTTWFGT $CD $/% %TCYH C 5[F 5GJT UEJÌP

%P .GPVWNWU YCT %WTCVQT FGPCTKQTWO HNCPFQTWO

Õ &GPCT X %JT 4QO . (CTUWNGKWU /GPUQT I .KDGTVCUDÒUVG T FCJKPVGT 2KNGWU 4QOC KP 3WCFTKIC T GKP 6QICVWU UVGKIV \W $CD $/% %TCYH C 5[F C 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO % 2QUVWOKWU I &KCPCDÒUVG T OKV $QIGP WPF -ÌEJGT *WPF N·WHV T WPVGP 5RGGT $CD $/% %TCYH C 5[F 5GJT UEJÌP

8350

1,5:1

8351

Õ &GPCT 5GTTCVWU X %JT 4QO 3 %TGRGTGKWU / H 4QEWU I #ORJKVTKVGMQRH T N 6KP VGPHKUEJ 0GRVWP KP 5GGRHGTFDKIC T OKV &TGK\CEM $CD $/% %TCYH D 5[F C 4 (GKPG 6ÌPWPI MN -TCV\GT CWH FGO #XGTU GVYCU FG\GPVTKGTV UGJT UEJÌP

Õ &GPCT 5GTTCVWU X %JT 4QO 3 (WHKWU %CNGPWU WPF 2 /WEKWU 5ECGXQNC %QTFWU I -ÌRHG FGT *QPQU WPF FGT 8KTVWU T +VCNKC WPF 4QOC TGKEJGP UKEJ FKG *CPF $CD $/% %TCYH 5[F #O 4CPF GVYCU MQTTQFKGTV UQPUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&GT %GPUWU FGU ,CJTGU X %JT UQNNVG +VCNKGP WPF 4QO XGTUÌJPGP 'U KUV WPIGYÌJPNKEJ FC CWH GKPGT /ÒP\G FGT 4ÌOKUEJGP 4GRWDNKM CWH GKP CMVWGNNGU 'TGKIPKU CPIGURKGNV YKTF

126

8352

Õ &GPCT 5GTTCVWU X %JT 4QO 3 (WHKWU %CNGPWU WPF 2 /WEKWU 5ECGXQNC %QTFWU I -ÌRHG FGT *QPQU WPF FGT 8KTVWU T +VCNKC WPF 4QOC TGKEJGP UKEJ FKG *CPF $CD $/% %TCYH 5[F 2TÒHRWP\GP CWH FGO #XGTU HCUV UGJT UEJÌP

Õ &GPCT X %JT 4QO / 2NCGVQTKWU %GUVKCPWU I &TCRKGTVG $ÒUVG FGT (QTVWPC T $ÒUVG GKPGU -PCDGP X X OKV GKPGO 6CDNGVV OKV FGT #WHUEJTKHV 5145 $CD $/% %TCYH 5[F 4 (GKPG 6ÌPWPI UGJT UEJÌP

8354

8353

1,5:1

8355

1,5:1

Õ &GPCT 5GTTCVWU X %JT 4QO % *QUKFKWU )GVC I )TQGT &KCPCMQRH T ÒDGT FGT 5EJWNVGT $QIGP WPF -ÌEJGT 'DGT T XQP GKPGO 5RGGT XGTYWPFGV WPF XQP GKPGO *WPF CVVCEMKGTV $CD $/% %TCYH 5[F 4 #XGTU FG\GPVTKGTV UGJT UEJÌP

Õ &GPCT X %JT 4QO % %CNRWTPKWU 2KUQ I #RQNNQMQRH N 4GKVGT OKV T OKV 2CNO\YGKI $CD $/% %TCYH D 5[F 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&GT /ÒP\OGKUVGT YCT %KEGTQU 5EJYKGIGTUQJP

8357

8356

1,5:1

Õ &GPCT X %JT 4QO / 2NCGVQTKWU %GUVKCPWU I +UKUDÒUVG ! T OKV #VVTKDWVGP XGTUEJKG FGPGT )QVVJGKVGP #FNGT CWH $NKV\ T -QRH \WTÒEMIGYCPFV $CD $/% %TCYH 5[F )WVGU UGJT UEJÌP

Õ &GPCT X %JT 4QO / 2NCGVQTKWU %GUVKCPWU I %[DGNGDÒUVG T OKV /CWGTMTQPG %WTW NKUEJGT 5VWJN N (KUEJ $CD $/% %TCYH 5[F 8QT\ÒINKEJ

8358

8359

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

&GT 6GORGN FGU *GTEWNGU /WUCTWO YWTFG WO X %JT XQP / (WNXKWU 0QDKNKQT CWH FGO 5ÒFVGKN FGU /CTU HGNFGU GTTKEJVGV (WNXKWU JCVVG PCEJ UGKPGO 5KGI ÒDGT FKG #GVQNKGT 5VCVWGP FGT /WUGP CWU )TKGEJGPNCPF PCEJ 4QO IG DTCEJV 2NKPKWU *0

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT .[TCUVKOOUEJNÒUUGN %CNNKQRG UVGJV T OKV .[TC CP 5·WNG IGNGJPV $CD $/% %TCYH D 5[F 4 -N -TCV\GT CWH FGO 4GXGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

%CNNKQRG KUV FKG /WUG FGT GRKUEJGP &KEJVWPI 2JKNQUQRJKG WPF FGU 5CKVGPURKGNU 5KG KUV FKG /WUG *QOGTU FKG KJP \W +NKCU WPF 1F[UUGKC KPURKTKGTV CP UKG IGJV FGT /WUGPCPTWH CO $GIKPP FGT DGKFGP 9GTMG &GT 4GXGTU FGT /ÒP\G JGDV %CNNKQRG GJGT WPV[RKUEJ CNU /WUG FGU 5CKVGPURKGNU JGTXQT OÌINKEJGTYGKUG URKGNV GU JKGTDGK GKPG 4QNNG FC UKG FKG /WVVGT FGU 1TRJGWU YCT FGUUGP .[TC CNU 5VGTPDKNF CP FGP *KOOGN XGTUGV\V YWTFG

127

8360

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT $WEJTQNNG -NKQ UVGJV N OKV $WEJTQNNG CWH 5·WNG IGUVÒV\V $CD $/% %TCYH 5[F 4 (GKPG 2CVKPC 4GXGTU NGKEJV FG\GPVTKGTV UGJT UEJÌPpXQT\ÒINKEJ XQT\ÒINKEJ

-NKQ YCT FKG /WUG FGT )GUEJKEJVUUEJTGKDWPI

1,5:1

8361

1,5:1

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT <GRVGT /GNRQ OGPG UVGJV N OKV 5EJYGTV -GWNG WPF /CUMG $CD $/% %TCYH 5[F 4 9KP\ -TCV\GT WPF 2TÒHRWP\GP CWH FGO #XGTU FGPPQEJ UGJT CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV UEJÌPGT 2CVKPC 'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T /GNRQOGPG KUV FKG /WUG FGU 6TCWGTIGUCPIU WPF FGT 6TCIÌFKG

1,5:1

8362

1,5:1

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT \YGK IGMTGW\VG (NÌ VGP 'WVGTRG UVGJV T CP 5·WNG IGNGJPV OKV \YGK (NÌVGP $CD $/% %TCYH 5[F 4 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'WVGTRG YCT FKG /WUG FGT N[TKUEJGP &KEJVWPI WPF FGU (NÌVGPURKGNU

8363

8364

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT \YGK IGMTGW\VG (NÌ VGP 'WVGTRG UVGJV T CP 5·WNG IGNGJPV OKV \YGK (NÌVGP $CD $/% %TCYH 5[F 4 5GJT UEJÌP

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT 5EJKNFMTÌVG 6GTR UKEJQTG UVGJV T OKV .[TC WPF 2NGEVTWO $CD $/% %TCYH C 5[F C 4 -TCV\GT CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV 0T 6GTRUKEJQTG KUV FKG /WUG FGU 6CP\GU WPF FGT %JQTN[TKM

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT 5EJKNFMTÌVG 6GTR UKEJQTG UVGJV T OKV .[TC WPF 2NGEVTWO $CD $/% %TCYH C 5[F C 4 2T·IGUEJY·EJG CO 4CPF UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

128

8365

8366

8367 1,5:1

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT 5VGTP 7TCPKC UVGJV N WPF \GKIV OKV GKPGO 5VCD CWH GKPGP )NQDWU FGT CWH GKPGO &TGKHW TWJV $CD $/% %TCYH 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

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

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT 5CPFCNG 6JCNKC UVGJV N OKV /CUMG $CD $/% %TCYH D 5[F 4 (GKPG 2CVKPC IWVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T 6JCNKC YCT FKG /WUG FGT -QOÌFKG

8368

8369

8370

Õ &GPCT X %JT 4QO 3 2QORQPKWU /WUC I #RQNNQMQRH T FCJKPVGT -TCP\ 2QN[J[OPKC UVGJV X X $CD $/% %TCYH C 5[F 44 -N -TCV\GT UGJT UEJÌP

2QN[J[OPKC FKG *[OPGPTGKEJG YCT FKG /WUG FGT *[OPGPFKEJVWPI FGT /WUKM FGU 6CP\GU WPF UR·VGT FGT 2CPVQ OKOG

Õ &GPCT X %JT 4QO . /CPNKWU 6QTSWCVWU I -QRH FGT 5KD[NNG T OKV 'HGWMTCP\ &TGK HW FCTCWH #ORJQTC \YKUEJGP 5VGTPGP $CD $/% %TCYH D 5[F 4 'VYCU MQTTQFKGTV UGJT UEJÌP

&KG &CTUVGNNWPI CWH 8QTFGT WPF 4ÒEMUGKVG \GKIV FC . /CPNKWU 6QTSWCVWU FGO -QNNGIKWO FGT 3WKPFGEKOXKTK UCETKU HCEKWPFKU CPIGJÌTVG

Õ &GPCT 5GTTCVWU X %JT 4QO . 4QUEKWU (CDCVWU I -QRH FGT ,WPQ 5QURKVC T KO <KG IGPHGNN FCJKPVGT 2GVCUWU /·FEJGP UVGJV T FCXQT 5EJNCPIG FCJKPVGT (NÒIGNUEJWJ FGU *GTOGU $CD $/% %TCYH 5[F )WVGU UGJT UEJÌP

#PN·NKEJ FGU L·JTNKEJ YKGFGTMGJTGPFGP (GUVGU FGT ,WPQ 5QURKVC KP .CPWXKWO OWVG GKPG ,WPIHTCW FKG KO -GNNGT FGU 6GORGNU NGDGPFG 5EJNCPIG HÒVVGTP 9GPP FCU /·FEJGP MGWUEJ YCT DNKGD GU FCDGK WPXGTUGJTV CPUQPUVGP YWTFG GU XQP FGT 5EJNCPIG IGVÌVGV

1,5:1

8371

1,5:1

Õ &GPCT X %JT 4QO . %CUUKWU .QPIKPWU I 8GTUEJNGKGTVG 8GUVCDÒUVG N FCXQT 5 FCJKP VGT -[NKZ 6QICVWU UVGJV N WPF YKTHV 5VKOOUVGKP OKV 8 KP 7TPG $CD $/% %TCYH 5[F $TGKVGU IWV CWUIGRT·IVGU HCUV XQT\ÒINKEJGU '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

129

8372

8373

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 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO . (WTKWU $TQEEJWU I %GTGUMQRH T \YKUEJGP JTG WPF -QTP %W TWNKUEJGT 5VWJN \W DGKFGP 5GKVGP (CUEGU $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

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

8374

1,5:1

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 2TCEJVGZGORNCT /KP FG\GPVTKGTV 5VGORGNINCP\

&KG /ÒP\G HGKGTV FGP 6TKWORJ FGT GKPGO 8QTHCJTGP FGU /ÒP\OGKUVGTU . #GOKNKWU 2CWNNWU /CEGFQPKEWU KO ,CJT X %JT PCEJ FGO 5KGI DGK 2[FPC ÒDGT 2GTUGWU XQP /CMGFQPKGP \WVGKN YWTFG

8375

8377

8378

Õ &GPCT X %JT 4QO . 5ETKDQPKWU .KDQ I -QRH FGU $QPWU 'XGPVWU T 2WVGCN 5ETKDQ PKCPWO OKV )KTNCPFGP WPF \YGK .[TGP IGUEJOÒEMV CP FGT $CUKU *COOGT $CD XCT $/% %TCYH C 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&CU 2WVGCN UVGJV CWH FGO (QTWO 4QOCPWO

130

8376

8379

8380

8382

8381

Õ &GPCT X %JT 4QO . 5ETKDQPKWU .KDQ I -QRH FGU $QPWU 'XGPVWU T 2WVGCN 5ETKDQ PKCPWO OKV )KTNCPFGP WPF \YGK .[TGP IGUEJOÒEMV CP FGT $CUKU #ODQ $CD $/% %TCYH E 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO / 2WRKWU 2KUQ I *GTOGUMQRH T OKV &KCFGO N 5VGTP WPF -TCP\ T )GH· +P -TCP\ /GUUGT WPF 2CVGTC $CD $/% %TCYH D 5[F 4 )TCHHKVQ CWH FGO #XGTU HCUV UGJT UEJÌP

Õ &GPCT X %JT 4QO 2 2NCWVKWU *[RUCGWU I $ÒUVG FGT .GWEQPQG T FCJKPVGT &GNRJKP ,WRKVGT KP 3WCFTKIC N WPVGP 5MQTRKQP $CD $/% %TCYH F 5[F D 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

.GWEQPQG FKG 6QEJVGT 0GRVWPU WPF FGT VJGUUCNKUEJGP 'TFIÌVVKP 6JGOKUVQ IKNV CNU IÌVVNKEJG #JPJGTTKP FGU /ÒP\OGK UVGTU XGTIN *[IKPWU HCDWNCG &KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FKG 'TQDGTWPI XQP 2TKXGTPWO FWTEJ FGP -QPUWN FGU ,CJTGU X %JT GKPGP FGT 8QTHCJTGP FGU /ÒP\OGKUVGTU

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

8383

8384 1,5:1

Õ &GPCT X %JT 4QO % %QPUKFKWU 0QPKCPWU I $ÒUVG FGT 8GPWU 'T[EKPC T 6GORGN CWH $GTI KP /CWGTTKPI $CD $/% %TCYH 5[F 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&CTIGUVGNNV KUV FGT 8GPWUVGORGN CWH FGO $GTI 'T[Z KO 9GUVGP 5K\KNKGPU

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 (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ

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

8385

8386

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 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

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 .GKEJV FG\GPVTKGTV HGKPGU 2QTVT·V UGJT UEJÌP

131

8387

8388

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 C /KP FG\GPVTKGTV UGJT UEJÌP

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

Õ &GPCT X %JT 4QO (CWUVWU %QTPGNKWU 5WNNC I &TCRKGTVG $ÒUVG FGU *GTEWNGU T OKV &KC FGO &KCPC KP $KIC T FCTÒDGT \YGK 5VGTPG FCTWPVGT \YGK 5VGTPG $CD $/% %TCYH 5[F 4 /KP FG\GPVTKGTV UQPUV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&GT /ÒP\OGKUVGT YCT FGT 5QJP FGU &KMVCVQTU 5WNNC WPF FGT 5EJYKGIGTUQJP FGU 2QORGKWU \W FGUUGP .GICVGP GT DGK UGKPGO (GNF\WI KO ÌUVNKEJGP /KVVGNOGGT IGJÌTVG &GT -QRH FGT 8QTFGTUGKVG UKGJV PKEJV WPDGFKPIV FGP DGMCPPVGP *GTEWNGUFCTUVGNNWPIGP ·JPNKEJ WPF GU JCDGP XGTUEJKGFGPG (QTUEJGT FCTCP IGFCEJV KP KJO FCU 2QTVT·V FGU $QEEJWU \W UGJGP FGT UKEJ FGO 8CVGT FGU /ÒP\OGKUVGTU CPUEJNQ WPF KJO ,WIJWTVC CWUNKGHGTVG #WEJ CP FKGUGP JCV OCP UEJQP IGFCEJV DG\ÒINKEJ FGU &CTIGUVGNNVGP .[FKC * .GPCIJCP KP #05/0 :+ R HH URTKEJV UKEJ HÒT *GTCMNGU /GNSCTV CWU XQP FGT 'ZKUVGP\ FKGUGU )QVVGU JCVVG FGT /ÒP\OGKUVGT CWH FGO (GNF\WI KO 1UVGP X %JT GTHCJTGP

8389

8390

8391

1,5:1

Õ &GPCT X %JT 4QO (CWUVWU %QTPGNKWU 5WNNC I &TCRKGTVG $ÒUVG FGT 8GPWU T OKV &KC FGO ÒDGT FGT 5EJWNVGT <GRVGT &TGK 6TQRJ·GP \YKUEJGP %CRKU WPF .KVWWU $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

&KG FTGK 6TQRJ·GP CWH FGO 4GXGTU GPVURTGEJGP FGT &CTUVGNNWPI CWH FGO 5KGIGNTKPI FGU 2QORGKWU UKGJG &KQ :.+++

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 -TCV\GT UGJT UEJÌP

&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 (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 D 5[F 4 .GKEJV FG\GPVTKGTV IWVGU UGJT UEJÌP

8392

8393

Õ &GPCT X %JT 4QO % /GOOKWU I %GTGUMQRH T )GHCPIGPGT MPKGV T FCJKPVGT 6TQ RJ·G $CD $/% %TCYH 5[F 'VYCU *QTPUKNDGT CWH FGO 4GXGTU CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

&GT /ÒP\OGKUVGT YCT FGT 5EJYKGIGTUQJP 5WNNCU GT YCT 2TQRT·VQT KP $KVJ[PKGP

Õ &GPCT X %JT 4QO 3 %CUUKWU .QPIKPWU I 8GTUEJNGKGTVG 8GUVCDÒUVG T 8GUVCVGORGN FCTKP MWTWNKUEJGT 5VWJN \YKUEJGP 5VKOOWTPG WPF 5VKOOVCHGN OKV #% $CD $/% %TCYH 5[F 4 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP #WH FGP 5VKOOVCHGNP UVGJV # DUQNXQ D\Y % QPFGOPQ &GT 8QTICPI FÒTHVG UKEJ CWH GKPGP 8GUVCNKPPGPRTQ\G X %JT DG\KGJGP

132

8395 8394

8396

Õ &GPCT X %JT 4QO 3 %CUUKWU .QPIKPWU I .KDGTVCUMQRH T 8GUVCVGORGN FCTKP MWTWNK UEJGT 5VWJN \YKUEJGP 5VKOOWTPG WPF 5VKOOVCHGN OKV #% $CD $/% %TCYH 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

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 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT 4QO 2 (QPVGKWU %CRKVQ I /CTUDÒUVG T OKV *GNO WPF 6TQRJ·G 4GKVGT T M·ORHV )CNNKGT PKGFGT FGT KO $GITKHH KUV GKPGP TÌOKUEJGP 5QNFCVGP \W GTUEJNCIGP $CD $/% %TCYH 5[F 4 (CUV XQT\ÒINKEJ

&KG 4ÒEMUGKVG UVGNNV GKPG *GNFGPVCV FGU / (QPVGKWU GKPGU 8QTHCJTGP FGU /ÒP\OGKUVGTU CNU 5VCVVJCNVGT KP FGT )CNNKC 0CTDQPGPUKU FCT

1,5:1

8397 1,5:1

Õ &GPCT X %JT 4QO 2 (QPVGKWU %CRKVQ I %QPEQTFKCMQRH T 8KNNC 2WDNKEC $CD $/% %TCYH C 5[F #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI IWVGU UGJT UEJÌP

&KG 8KNNC 2WDNKEC YWTFG X %JT CWH FGO /CTUHGNF GTTKEJVGV WPF X %JT GTYGKVGTV &GT $CW FKGPVG $GCOVGP DGK FGT 6TWRRGPCWUJGDWPI CNU $ÒTQ WPF )GPGT·NGP FKG CWH GKPGP 6TKWORJ YCTVGVGP UQYKG CWUN·PFKUEJGP )GUCPFVGP CNU 7PVGTMWPHV

8398

8399

8400

Õ &GPCT X %JT 4QO 2 .KEKPKWU %TCUUWU / H I &TCRKGTVG $ÒUVG FGT 8GPWU T OKV .QT DGGTMTCP\ WPF &KCFGO 9GKDNKEJG (KIWT UVGJV N OKV 5RGGT WPF J·NV 2HGTF CO <ÒIGN \W KJTGP (ÒGP 2CP\GT WPF 5EJKNF $CD $/% %TCYH 5[F -N &TWEMUVGNNG UGJT UEJÌP

2 .KEKPKWU %TCUUWU KUV FGT LÒPIGTG 5QJP FGU 6TKWOXKTP /CTEWU .KEKPKWU %TCUUWU +O ,CJTG X %JT YCTGP %TCUUWU WPF 2QORGKWU -QPUWNP

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 5GJT UEJÌP

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

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 .GKEJV FG\GPVTKGTV MN -TCV\GT IWVGU UGJT UEJÌP

133

8401

1,5:1

Õ &GPCT X %JT 4QO / ,WPKWU $TWVWU I .KDGTVCUDÒUVG T &GT -QPUWN . ,WPKWU $TWVWU IGJV \YKUEJGP \YGK .KMVQTGP N FCXQT #EEGPUWU $CD $/% %TCYH 5[F 8QT\ÒINKEJGU 2TCEJVGZGORNCT

3 %CGRKWU $TWVWU UGKV UGKPGT #FQRVKQP / ,WPKWU $TWVWU YCT GKPGT FGT UR·VGTGP %CGUCTOÌTFGT WPF DGIGIPGV &CPVG CNU UQNEJGT CWH UGKPGO 9GI FWTEJ FKG *ÌNNG &KG 4ÒEMUGKVG \GKIV FGP 8QTHCJTGP FGU /ÒP\OGKUVGTU FGT X %JT FGT 6TCFKVKQP PCEJ FGP NGV\VGP -ÌPKI 6CTSWKPKWU 5WRGTDWU CWU 4QO XGTVTKGD WPF FCOKV FKG 4GRWDNKM DGITÒPFGVG &KG 4ÒEMUGKVG KUV FCU 8QTDKNF HÒT FKG )QNFUVCVGTG FGU -QUQP UKGJG 0T H

8403

8402

Õ &GPCT X %JT 4QO / ,WPKWU $TWVWU I .KDGTVCUDÒUVG T &GT -QPUWN . ,WPKWU $TWVWU IGJV \YKUEJGP \YGK .KMVQTGP N FCXQT #EEGPUWU $CD $/% %TCYH 5[F (GKPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT 4QO / ,WPKWU $TWVWU I .KDGTVCUDÒUVG T &GT -QPUWN . ,WPKWU $TWVWU IGJV \YKUEJGP \YGK .KMVQTGP N FCXQT #EEGPUWU $CD $/% %TCYH 5[F -N -TCV\GT CWH FGO #XGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

8404

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 UEJÌP

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

8406

8405

Õ &GPCT X %JT 4QO 3 2QORGKWU 4WHWU I %WTWNKUEJGT 5VWJN \YKUEJGP 2HGKN WPF .QT DGGT\YGKI %WTWNKUEJGT 5VWJN \YKUEJGP .KVWWU WPF -TCP\ $CD $/% %TCYH 5[F 4GXGTU NGKEJV FG\GPVTKGTV FGPPQEJ CVVTCMVKXGU XQT\ÒINKEJGU '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 N GKPG 5VCPFCTVG OKV FGT #WHUEJTKHV *+5 T GKPG 5VCPFCTVG KP FGT (QTO GKPGU 'DGTU (KIWT N ÒDGT 6CHGN \YK UEJGP \YGK 6TQRJ·GP $CD $/% %TCYH D 5[F 4 5EJÌPpUGJT UEJÌP &CU 5VÒEM HGKGTV FKG 'THQNIG FGU % %QGNKWU %CNFWU -QPUWN X %JT KP 5RCPKGP WPF )CNNKGP

134

1,5:1

8407

1,5:1

Õ &GPCT X %JT 4QO 2 %QTPGNKWU .GPVWNWU /CTEGNNKPWU I -QRH FGU / %NCWFKWU /CT EGNNWU T FCJKPVGT 6TKUMGNKU / %NCWFKWU /CTEGNNWU RNC\KGTV 6TQRJ·G KP XKGTU·WNKIGO 6GORGN $CD $/% %TCYH 5[F 4 #XGTU OKP MQTTQFKGTV IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .GW <ÒTKEJ 0T &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 9CH HGP 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

8408

8409

1,5:1

Õ &GPCT X %JT 4QO /P #EKNKWU I 5CNWUMQRH T 8CNGVWFQ UVGJV N OKV 5EJNCPIG CWH 5·WNG IGUVÒV\V $CD $/% %TCYH C 5[F -N -TCV\GT CWH FGO 4GXGTU HGKPG 2CVKPC HCUV XQT\ÒINKEJ

5CNWU WPF 8CNGVWFQ UVGJGP HÒT FKG IWVG )GUWPFJGKV &GT /ÒP\OGKUVGT YKNN FCOKV \WO #WUFTWEM DTKPIGP FC FGT IGPU #EKNKC FCU 8GTFKGPUV FGT 'KPHÒJTWPI CPUV·PFKIGT OGFK\KPKUEJGT 8GTUQTIWPI KP 4QO \WMQOOV +O ,CJTG X %JT JCVVG FGT ITKGEJKUEJG #T\V #TEJCICVJWU CP GKPGT PCEJ FGT IGPU #EKNKC DGPCPPVGP 5VTCGPMTGW\WPI GKPG 2TCZKU GKPIG TKEJVGV

Õ &GPCT X %JT 4QO . *QUVKNKWU 5CUGTPC I -QRH GKPGU ICNNKUEJGP -TKGIGTU YQJN FGU 8GTEKPIGVQTKZ T )CNNKUEJGT -TKGIGT UVGJV N OKV 5EJKNF WPF 5RGGT KP T HCJTGPFGO 5VTGKVYCIGP $CD $/% XGTIN %TCYH 5[F XGTIN 44 4GXGTU OKP MQTTQFKGTV XQT\ÒINKEJ IWVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP &GWVUEJNCPF )OD* 5VWVVICTV 0T 8GTEKPIGVQTKZ YCT FGT (ÒJTGT FGU ITQGP )CNNKGTCWHUVCPFGU IGIGP %CGUCT KO ,CJTG X %JT 0CEJ FGO (CNN #NGUKCU OWVG 8GTEKPIGVQTKZ UKEJ GTIGDGP &KG DGTÒJOVG ENGOGPVKC %CGUCTKU YWTFG KJO PKEJV \WVGKN PCEJ UGEJU ,CJTGP *CHV YWTFG GT KO 6WNNKCPWO JKPIGTKEJVGV &GT 4GXGTU \GKIV GKPGP ICNNKUEJGP 5VTGKVYCIGP 'UUGFWO OKV 9CIGPM·ORHGT

'UUGFCTKWU WPF .GPMGT #WTKIC &KG 5VTGKVYCIGP YWTFGP XQT CNNGO IGIGP -CXCNNGTKG GKPIGUGV\V

8410

8411

Õ &GPCT X %JT 4QO % 8KDKWU 2CPUC I 2CPOCUMG T ,WRKVGT #ZWTWU UKV\V N OKV 2CVGTC WPF <GRVGT $CD $/% %TCYH C 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG 2CPOCUMG KUV GKPG #PURKGNWPI CWH FGP $GKPCOGP FGU /ÒP\OGKUVGTU

8412

8413

Õ &GPCT X %JT 4QO % 8KDKWU 2CPUC I .KDGTVCUMQRH T OKV .QTDGGTMTCP\ 4QOC UKV\V T OKV <GRVGT WPF 2CTC\QPKWO XQP 0KMG DGMT·P\V $CD $/% %TCYH 5[F (GKPG 6ÌPWPI 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 'VYCU MQTTQFKGTV CVVTCMVKXGU UGJT 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

135

8414

8415

1,5:1

Õ &GPCT X %JT 4QO &GEKOWU 2QUVWOKWU #NDKPWU $TWVK H I -QRH FGU %QPUWNU #WNWU 2Q UVWOKWU #NDKPWU T 5EJTKHV KP -TCP\ $CD $/% %TCYH D 5[F C 4 5GJT 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 MN 2WP\G CWH FGO #XGTU MN -TCV\GT WPF 2T·IGUEJY·EJG UGJT UEJÌP

8417

8416

Õ &GPCT X %JT 4QO . 2NCWVKWU 2NCPEWU I /GFWUGPJCWRV X X #WTQTC HNKGIV T WPF HÒJTV FKG 2HGTFG FGU 5QPPGPIQVVGU $CD $/% %TCYH C 5[F 4 #XGTU CO 4CPF NGKEJV MQTTQFKGTV UQPUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO . 2NCWVKWU 2NCPEWU I /GFWUGPJCWRV X X #WTQTC HNKGIV T WPF HÒJTV FKG 2HGTFG FGU 5QPPGPIQVVGU $CD $/% %TCYH C 5[F 4 )WVGU UGJT UEJÌP XQT\ÒINKEJ

8418

8419

8420

Õ &GPCT X %JT 4QO /P %QTFKWU 4WHWU I 'WNG CWH MQTKPVJKUEJGO *GNO T #GIKU OKV /GFWUGPJCWRV XGT\KGTV $CD $/% %TCYH 5[F -PCRRGT 5EJTÌVNKPI UGJT UEJÌP

Õ &GPCT X %JT 4QO 6 %CTKUKWU I -QRH FGT 5KD[NNG XQP /CTRGUUQU T 5RJKPZ UKV\V T $CD $/% %TCYH 5[F C -N 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

&KG 5KD[NNG XQP /CTRGUUQU YCT GKPG FGT DGTÒJOVGUVGP 5KD[NNGP &GT 6[R WPUGTGT /ÒP\G KUV XQP 2T·IWPIGP FGT 5VCFV )GTIKU KP FGT 6TQCU ÒDGTPQOOGP KP FGT WPUGTG 5KD[NNG FKG CWEJ FGP $GKPCOGP )GTIKVJKC VT·IV DGUQPFGTU XGTGJTV YWTFG

Õ &GPCT X %JT 4QO 6 %CTKUKWU I &TCRKGTVG $ÒUVG FGT ,WPQ /QPGVC T /ÒP\YGTM \GWIG 1DGT WPF 7PVGTUVGORGN <CPIG WPF *COOGT $CD $/% %TCYH 5[F D 5GJT UEJÌP

8421

8422

Õ &GPCT X %JT 4QO 6 %CTKUKWU I 8KEVQTKCDÒUVG T 8KEVQTKC KP 3WCFTKIC T $CD $/% %TCYH 5[F (GKPG 2CVKPC IWVGU UGJT UEJÌP

&CU 5VÒEM FÒTHVG UKEJ CWH %CGUCTU 5KGI DGK 6JCRUWU DG\KGJGP

136

Õ &GPCT X %JT 4QO 6 %CTKUKWU I 8KEVQTKCDÒUVG T 8KEVQTKC KP 3WCFTKIC T $CD $/% %TCYH 5[F 5GJT UEJÌP

8424 8423

8425

Õ &GPCT X %JT 4QO % %QPUKFKWU 2CGVWU I #RQNNQMQRH T FCJKPVGT # %WTWNKUEJGT 5VWJN $CD $/% %TCYH C 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO . 8CNGTKWU #EKUEWNWU I #RQNNQMQRH T FCJKPVGT #EKUEWNWU 'WTQRC CWH 5VKGT T $CD $/% %TCYH C 5[F 2TÒHRWP\GP CWH FGO #XGTU UEJÌPpUGJT UEJÌP

Õ &GPCT X %JT 4QO . 2CRKWU %GNUWU I -QRH FGU 6TKWORJWU T OKV .QTDGGTMTCP\ ÒDGT FGT 5EJWNVGT 6TQRJ·G 9ÌNHKP T NGIV <YGKI KP GKP (GWGT YGNEJGU XQP GKPGO #FNGT IGUEJÒTV YKTF $CD $/% %TCYH 5[F (GKPG 2CVKPC IWVGU UGJT UEJÌP

&GT #XGTU FGU 5VÒEMGU URKGNV OÌINKEJGTYGKUG CWH FGP 5KGI %CGUCTU ÒDGT FKG 2QORGKCPGT CP FGT 4GXGTU \GKIV GKPG 5\GPG CWU FGT )TÒPFWPIUUCIG 4QOU YKG UKG DGK &KQP[UKQU XQP *CNKMCTPCUUQU DGUEJTKGDGP KUV

8426

1,5:1

Õ &GPCT X %JT 4QO . #GOKNKWU $WEC I 8GPWUMQRH T OKV &KCFGO 5WNNC NCIGTV T .WPC UVGKIV N XQP GKPGO $GTI JGTCD KO *KPVGTITWPF UVGJV 8KEVQTKC OKV CWUIGDTGKVGVGP (NÒIGNP $CD $/% %TCYH 5[F 44 4GXGTU NGKEJV FG\GPVTKGTV XQT\ÒINKEJ 'ZGORNCT FGT #WMVKQP -TKEJGNFQTH (TGKDWTI 0T WPF FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T UQYKG FGT 5COONWPI #WIWUV 8QKTQN #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T &GT 4GXGTU UVGNNV FGP DGTÒJOVGP 6TCWO 5WNNCU FCT

8427

8428

1,5:1

Õ &GPCT X %JT 4QO 2GVVKNKWU %CRKVQNKPWU I #FNGT UVGJV T CWH $NKV\ OKV CWUIGDTGKVGVGP 5EJYKPIGP 5GEJUU·WNKIGT 6GORGN $CD $/% %TCYH D 5[F 4 $TGKVGT 5EJTÌVNKPI CVVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC HCUV XQT\ÒINKEJ XQT\ÒINKEJ

#WH FGO 4GXGTU KUV FGT ,WRKVGTVGORGN CWH FGO %CRKVQN FCTIGUVGNNV 'U JCPFGNV UKEJ WO FGP X %JT FWTEJ 3 .WVC VKWU %CUUKWU PGW GTTKEJVGVGP 6GORGN &CU CNVG XKGTU·WNKIG *GKNKIVWO YCT X %JT GKPGO $TCPF \WO 1RHGT IGHCNNGP

Õ &GPCT X %JT 4QO 2 %NQFKWU 6WTTKPWU I 5QNMQRH T OKV 5VTCJNGPDKPFG *CNDOQPF XQP HÒPH 5VGTPGP WOIGDGP $CD $/% %TCYH 5[F 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

8429

8430

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 5GJT UEJÌP

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH FGU 2TCGVQTU .KXKPGKWU 4GIWNWU T %WTWNKUEJGT 5VWJN \YKUEJGP LG FTGK (CUEGU $CD $/% %TCYH 5[F 4 2T·IGUEJY·EJG UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

137

8432 8431

8433

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH FGU 2TCGVQTU . .KXKPGKWU 4GIWNWU T /QFKWU \YKUEJGP \YGK JTGP $CD $/% %TCYH 5[F 44 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

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

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH FGU 2TCGVQTU . .KXKPGKWU 4GIWNWU T )NCFKCVQT N KO -CORH OKV GKPGO .ÌYGP KO *KPVGTITWPF )NCFKCVQT N KO -CORH OKV GKPGO 2CPVGT N XGTYWPFGVGT 'DGT $CD $/% %TCYH 5[F 4 5GJT UEJÌP

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

Õ &GPCT X %JT 4QO % 8KDKWU 8CTWU I *GTEWNGUMQRH T OKV .QTDGGTMTCP\ #VJGPC UVGJV T OKV 5RGGT WPF 5EJKNF $CD $/% %TCYH 5[F -N 5EJTÌVNKPIUHGJNGT CWH FGO #XGTU CO 4CPF OKP DGCTDGKVGV UGJT UEJÌP

8435

8434

1,5:1

Õ &GPCT X %JT 4QO . /WUUKFKWU .QPIWU I %QPEQTFKCMQRH T OKV &KCFGO WPF 5EJNGKGT FCXQT 5VGTP 5EJTGKP FGT 8GPWU %NQCEKPC $CD $/% %TCYH D 5[F C 4 $TGKVGT 5EJTÌVNKPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG 4ÒEMUGKVG IKDV GKPGP 6GKN FGU (QTWOU YKGFGT

Õ &GPCT X %JT 4QO . /WUUKFKWU .QPIWU I %QPEQTFKCMQRH T OKV &KCFGO WPF 5EJNGKGT FCXQT 5VGTP 5EJTGKP FGT 8GPWU %NQCEKPC $CD $/% %TCYH D 5[F C 4 2TÒHRWP\G UGJT UEJÌP

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

8436

138

8437

%P 2QORGKWU /CIPWU OCKQT Ŏ X %JT Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG 3 5K EKPKWU WPF % %QRQPKWU I #RQNNQMQRH T OKV &KCFGO FCTWPVGT 5VGTP -GWNG FCTÒDGT .ÌYGPHGNN N 2HGKN T $QIGP $CD $/% %TCYH C 5GCT 5[F (GKPG 6ÌPWPI UGJT UEJÌP

Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG 3 5KEKPKWU WPF % %QRQPKWU I #RQNNQMQRH T OKV &KCFGO FCTWPVGT 5VGTP -GWNG FCTÒDGT .ÌYGPHGNN N 2HGKN T $QIGP $CD $/% %TCYH C 5GCT 5[F (GKPG 6ÌPWPI YKP\ 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

8438

8439

1,5:1

Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG 3 5KEKPKWU WPF % %QRQPKWU I #RQNNQMQRH N OKV &KCFGO FCTWPVGT 5VGTP -GWNG FCTÒDGT .ÌYGPHGNN N 2HGKN T $QIGP $CD $/% %TCYH E 5GCT D 5[F 5EJÌP

Õ &GPCT X %JT ÌUVNKEJG /ÒP\UV·VVG . %QTPGNKWU .GPVWNWU WPF % %NCWFKWU /CTEGNNWU I 6TKUMGNKU KO <GPVTWO /GFWUGPMQRH \YKUEJGP FGP $GKPGP JTGP ,WRKVGT UVGJV X X OKV $NKV\ WPF #FNGT T *CTRC $CD $/% %TCYH 5GCT 5[F 4 (GKPG 6ÌPWPI 2TÒHRWP\G CWH FGO 4GXGTU UGJT UEJÌP

&GT #XGTUV[R URKGNV CWH FKG 'TQDGTWPI XQP 5[TCMWU FWTEJ / %NCWFKWU /CTEGNNWU KO ,CJT X %JT CP

8441

8440

1,5:1

Õ &GPCT X %JT ITKGEJKUEJG /ÒP\UV·VVG %P %CNRWTPKWU 2KUQ I -QRH FGU 0WOC 2QO RKNKWU T OKV &KCFGO 2TQTC T $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG IGPU %CNRWTPKC HÒJTVG KJTGP 7TURTWPI CWH %CNRWU GKPGP 5QJP FGU 0WOC 2QORKNKWU \WTÒEM &CJGT HKPFGV UKEJ 0WOC 2QORKNKWU CWH FGO #XGTU FGU 5VÒEMGU

Õ &GPCT X %JT ITKGEJKUEJG /ÒP\UV·VVG %P %CNRWTPKWU 2KUQ I -QRH FGU 0WOC 2QO RKNKWU T OKV &KCFGO 2TQTC T $CD $/% %TCYH 5GCT 5[F 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

1,5:1

8442

1,5:1

Õ &GPCT X %JT ITKGEJKUEJG /ÒP\UV·VVG 2TQSWCGUVQT 6GTGPVKWU 8CTTQ I ,WRKVGTDÒUVG T <GRVGT \YKUEJGP &GNRJKP WPF #FNGT $CD $/% %TCYH C 5GCT 5[F 4 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T &GT 2TQSWCGUVQT 6GTGPVKWU 8CTTQ KUV PKEJV OKV FGO DGTÒJOVGP 7PKXGTUCNIGNGJTVGP INGKEJGP 0COGPU KFGPVKUEJ FGT $ÒEJGT CWH CNNGP 9KUUGPUIGDKGVGP XGTHCV JCDGP UQNN

8443

8444

%P 2QORGKWU /CIPWU OKPQT Ŏ X %JT Õ &GPCT X %JT %QTFWDC /CTEWU 2QDNKEKWU I 4QOCMQRH T OKV *GNO *KURCPKC T TGKEJV 2QORGKWU ! GKPGP <YGKI $CD $/% %TCYH C 5GCT 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

9CJTUEJGKPNKEJ YKTF CWH FGO 4GXGTU 2QORGKWU WPF MGKP UEJNKEJVGT 5QNFCV XQP *KURCPKC GORHCPIGP

Õ &GPCT X %JT %QTFWDC /CTEWU 2QDNKEKWU I 4QOCMQRH T OKV *GNO *KURCPKC T TGKEJV 2QORGKWU ! GKPGP <YGKI $CD $/% %TCYH F 5GCT 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

139

8445

2D )NCPU /QN[DFKU 5EJNGWFGTIGUEJQ XQT X %JT I %0 /#) +/2 #VVTCMVKXGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T

1,5:1

8446

1,5:1

3 %CGEKNKWU /GVGNNWU 2KWU 5EKRKQ Ŏ X %JT Õ &GPCT X %JT 7VKEC %TCUUWU +WPKCPWU I .ÌYGPMÌRHKIGT )GPKWU XQP #HTKEC 5GMJOGV UVGJV X X OKV #PMJ 8KEVQTKC UVGJV N OKV IGHNÒ IGNVGO %CFWEGWU WPF 5EJKNF $CD $/% %TCYH 5GCT 5[F 8QP ITQGT 5GNVGPJGKV (CUV UGJT UEJÌP 'U JCPFGNV UKEJ WO FGP UGNVGPUVGP &GPCT 5EKRKQU

8447

8448

1,5:1

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 5GJT UEJÌP

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 CHTKMCPKUEJG /ÒP\UV·VVG I ,WRKVGTMQRH T 'NGHCPV T $CD $/% %TCYH 5GCT 5[F 4 (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

0CEJ 2JCTUCNQU UCOOGNVG UKEJ GKP ITQGT 6GKN FGT 2QORGKCPGT WPVGT FGO -QOOCPFQ XQP 3 %CGEKNKWU /GVGNNWU 7P UGTG /ÒP\G KUV FCU 2TQFWMV GKPGT .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

8450

8449

1,5:1

8451

1,5:1

Õ &GPCT X %JT CHTKMCPKUEJG /ÒP\UV·VVG I ,WRKVGTMQRH T 'NGHCPV T $CD $/% %TCYH 5GCT 5[F 4 *GTTNKEJG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT CHTKMCPKUEJG /ÒP\UV·VVG I ,WRKVGTMQRH T 'NGHCPV T $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌP

% ,WNKWU %CGUCT Ŏ X %JT Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKG UVGTIGT·VG $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

&KG 4ÒEMUGKVG \GKIV %CGUCTU #OV CNU 2QPVKHGZ OCZKOWU CP FKG GKP\KIG QHHK\KGNNG 5VGNNWPI FKG GT \W $GIKPP FGU $ÒT IGTMTKGIGU DGMNGKFGVG

140

8452

8453

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

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I -QRH FGT %NGOGPVKC ! T 6TQRJ·G CWU ICNNKUEJGP 9CH HGP T #ZV $CD $/% %TCYH 5GCT 5[F 8QT\ÒINKEJGU 2TCEJVGZGORNCT

1,5:1

8454

8455

1,5:1

Õ &GPCT X %JT UK\KNKUEJG /ÒP\UV·VVG #WNWU #NNKGPWU I &TCRKGTVG $ÒUVG FGT 8GPWU T OKV &KCFGO 6TKPCETWU UVGJV N (W CWH 2TQTC $CD $/% %TCYH 5GCT 5[F 44 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

%CGUCT DGHCPF UKEJ X %JT CWH 5K\KNKGP DGXQT GT PCEJ #HTKMC CWHDTCEJ WO FKG 2QORGKCPGT \W DGM·ORHGP #WNWU #NNKGPWU Y·JNVG HÒT FKG 8QTFGTUGKVG FGU 5VÒEMGU GKP V[RKUEJGU /QVKX FGT 2TQRCICPFC %CGUCTU FKG )ÌVVKP 8GPWU CDGT HÒT FGP 4GXGTU GKPG CWGTIGYÌJPNKEJG URG\KGNN CWH 5K\KNKGP DG\QIGPG &CTUVGNNWPI 6TKPCETWU 6TKPCETWU D\Y 6JTKPC MQU KUV GKP O[VJKUEJGT -ÌPKI XQP 5K\KNKGP PCEJ FGO FKG +PUGN KJTGP CNVGP 0COGP 6JTKPCMTKC DGK *QOGT YKTF 5K\KNKGP 6JTKPCMKG IGPCPPV GTJCNVGP JCDGP UQNN

8456 8457

8458

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

%CGUCT UVGNNVG KP UGKPGT 2TQRCICPFC KOOGT YKGFGT UGKPG #DUVCOOWPI XQP FGP CWH FKGUGT /ÒP\G FCTIGUVGNNVGP O[VJK UEJGP 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

Õ &GPCT X %JT 7VKEC ! I %GTGUMQRH T 2TKGUVGTIGT·VG T & $CD $/% %TCYH C 5GCT 5[F (GKPG 2CVKPC IWVGU UGJT UEJÌP

&CU & CWH FGO 4GXGTU UVGJV YQJN HÒT &QPCVKXWO $GK UGKPGO XKGTHCEJGP 6TKWORJ PCEJ FGO CHTKMCPKUEJGP (GNF\WI \CJNVG %CGUCT UGKPGP 8GVGTCPGP GKP &QPCVKXWO XQP &GPCTGP RTQ /CPP WPF CP LGFGP %GPVWTKQ

Õ &GPCT X %JT 7VKEC ! I %GTGUMQRH T 2TKGUVGTIGT·VG T & $CD $/% %TCYH C 5GCT 5[F (GKPG 2CVKPC UGJT UEJÌP

141

8459

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 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

&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

8460

8461

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 URCPKUEJG /ÒP\UV·VVG I -QRH FGT 8GPWU )GPGVTKZ T FCJKPVGT %WRKFQ 6TQRJ·G FCTWPVGT \YGK ICNNKUEJG )GHCPIGPG $CD $/% %TCYH 5GCT 5[F 4GXGTU NGKEJV FG\GPVTKGTV UGJT UEJÌP

8462

8463

Õ &GPCT X %JT URCPKUEJG /ÒP\UV·VVG I &TCRKGTVG 8GPWUDÒUVG N OKV &KCFGO ÒDGT FGT 5EJWNVGT <GRVGT FCXQT %WRKFQ WPF .KVWWU 6TQRJ·G \YKUEJGP \YGK )GHCPIGPGP $CD $/% %TCYH 5GCT 5[F 44 5GJT UEJÌP

&KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FKG \WTÒEMNKGIGPFGP ICNNKUEJGP 'THQNIG %CGUCTU CNU #WHOWPVGTWPI HÒT FGP URCPKUEJGP (GNF\WI

&WRQPFKWU X %JT 4QO % %NQXKWU I &TCRKGTVG $ÒUVG FGT 8KEVQTKC T /KPGTXC IGJV N OKV 6TQRJ·G 5RGGT WPF 5EJKNF FCXQT 5EJNCPIG N $CD $/% %TCYH C 5GCT 5[F $TCWPG 2CVKPC UGJT UEJÌP

1,5:1

8464

1,5:1

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 2TÒHRWP\GP CWH #XGTU WPF 4GXGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP -TGUU /ÒPEJGP 0T &KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV /GVVKWU HÒJTV CWH FKGUGO 5VÒEM FKG 8GTYGPFWPI XQP -QPVTQNNDWEJUVCDGP PGW GKP FKG UGKV NCPIGO PKEJV OGJT XGTYGPFGV YQTFGP YCTGP

142

8465

1,5:1

Õ &GPCT X %JT 4QO / /GVVKWU I -QRH %CGUCTU T OKV -TCP\ 8GPWU UVGJV N OKV 8KEVQ TKC <GRVGT WPF 5EJKNF CWH )NQDWU $CD $/% %TCYH 5GCT 5[F 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8466

8467

1,5:1

Õ &GPCT X %JT 4QO . #GOKNKWU $WEC I -QRH %CGUCTU T OKV -TCP\ N *CNDOQPF 8G PWU UVGJV N OKV 8KEVQTKC WPF <GRVGT $CD $/% %TCYH 5GCT 5[F 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ &GPCT X %JT 4QO 2 5GRWNNKWU /CEGT I -QRH %CGUCTU T OKV -TCP\ FCJKPVGT UKGDGP UVTCJNKIGT 5VGTP 8GPWU UVGJV N OKV 8KEVQTKC WPF <GRVGT $CD $/% %TCYH D 5GCT C 5[F 5GJT UGNVGPG 8CTKCPVG (GKPG 2CVKPC UGJT UEJÌP %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

8468

8469

Õ &GPCT X %JT 4QO 2 5GRWNNKWU /CEGT I -QRH %CGUCTU T OKV -TCP\ WPF 5EJNGKGT 8GPWU UVGJV N OKV 8KEVQTKC <GRVGT WPF 5EJKNF $CD $/% %TCYH 5GCT F 5[F 44 4GXGTU NGKEJV FG\GPVTKGTV OKP -QTTQUKQP CO 4CPF 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 2 5GRWNNKWU /CEGT I -QRH %CGUCTU T OKV -TCP\ WPF 5EJNGKGT 8GPWU UVGJV N OKV 8KEVQTKC <GRVGT WPF 5EJKNF $CD $/% %TCYH 5GCT F 5[F 44 5EJÌP

8470 1,5:1

1,5:1

Õ &GPCT X %JT 4QO % %QUUWVKWU /CTKFKCPWU I -QRH %CGUCTU T OKV -TCP\ WPF 5EJNGKGT FCJKPVGT #RGZ FCXQT .KVWWU % %15586+85 WPF /#4+& +#085 KPU -TGW\ IGUVGNNV KP FGP 9KPMGNP # # # (( $CD $/% %TCYH 5GCT -N 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T

143

8472

8471

1,5:1

Õ &GPCT X %JT 4QO % %QUUWVKWU /CTKFKCPWU I -QRH %CGUCTU T OKV -TCP\ WPF 5EJNGKGT FCJKPVGT #RGZ FCXQT .KVWWU % %15586+85 WPF /#4+& +#085 KPU -TGW\ IGUVGNNV KP FGP 9KPMGNP # # # (( $CD $/% %TCYH 5GCT *GTTNKEJG 2CVKPC #XGTU NGKEJV FG\GPVTKGTV 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO . (NCOKPKWU %JKNQ I -QRH %CGUCTU T OKV -TCP\ 2CZ UVGJV N OKV %CFWEGWU WPF <GRVGT $CD $/% %TCYH 5GCT 5[F 44 -N 2TÒHRWP\GP CWH FGO #XGTU HGKPGU 2QTVT·V UGJT UEJÌP

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T &CU JGTTNKEJG KFGCNKUKGTVG 2QTVT·V CWH FGO #XGTU UQNN XGTOWVNKEJ FKG )ÌVVNKEJMGKV %CGUCTU WPF FCOKV FGP *GTTUEJCHVUCP URTWEJ UGKPGU #FQRVKXUQJPGU 1EVCXKCPWU WPVGTUVTGKEJGP

1,5:1

8473

1,5:1

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH %CGUCTU T OKV -TCP\ FCJKPVGT .QT DGGT\YGKI FCXQT %CFWEGWU 5VKGT T $CD $/% %TCYH 5GCT 5[F 44 (GKPG 6ÌPWPI UGJT UEJÌP 'ZGORNCT FGT #WMVKQP -TKEJGNFQTH 5VWVVICTV 0T &KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV &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 . .K XKPGKWU 4GIWNWU UKEJGT DGMCPPV FC GT WPVGT %CGUCT KP #HTKEC IGFKGPV JCVVG

1,5:1

8474

1,5:1

Õ &GPCT X %JT 4QO . .KXKPGKWU 4GIWNWU I -QRH %CGUCTU T OKV -TCP\ FCJKPVGT .QT DGGT\YGKI FCXQT %CFWEGWU 5VKGT T $CD $/% %TCYH 5GCT 5[F 44 5GJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T

1,5:1

8475

1,5:1

Õ &GPCT X %JT 4QO . /WUUKFKWU .QPIWU I -QRH %CGUCTU T OKV -TCP\ (ÒNNJQTP CWH )NQDWU \YKUEJGP 5VGWGTTWFGT %CFWEGWU WPF #RGZ $CD XCT $/% XCT %TCYH XCT 5GCT XCT 5[F E XCT -NGKPGT 5VGORGNHGJNGT UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T 'KPG 2TQRCICPFCRT·IWPI KP <WUCOOGPJCPI FGT #WUGKPCPFGTUGV\WPI \YKUEJGP /CTE #PVQP WPF 1EVCXKCP GKPGTUGKVU WPF FGP %CGUCTOÌTFGTP CPFGTGTUGKVU

144

1,5:1

8476

1,5:1

Õ &GPCT X %JT 4QO 3 8QEQPKWU 8KVWNWU I -QRH %CGUCTU T OKV -TCP\ -CND UVGJV N $CD $/% %TCYH 5GCT 5[F 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T &GT 4GXGTU URKGNV CWH FGP 0COGP FGU /ÒP\OGKUVGTU CP 8KVWNWU -CND

8478

8477

8479

8481

8480

/ +WPKWU $TWVWU Ŏ X %JT Õ &GPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG . 5GUVKWU 3WKTKPC NKU I .KDGTVCUMQRH T OKV 5EJNGKGT &TGKHW \YKUEJGP #ZV WPF 5KORWNWO $CD $/% %TCYH 5GCT 5[F 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV JGTTNKEJGT 2CVKPC

. 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 %CTOGP YKFOGVG

Õ 3WKPCT X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG . 5GUVKWU 3WKTKPCNKU I 3W·UVQTGPUVWJN FCTCP NGJPV 5VCD FCTWPVGT /QFKWU &TGKHW \YKUEJGP 5KORWNWO WPF #RGZ $CD $/% %TCYH 5GCT 5[F 4 -N -TCV\GT UGJT UEJÌP

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 -N 2WP\G CWH FGO #XGTU UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

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

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 (GKPG 2CVKPC UGJT UEJÌP

&KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV

Õ 3WKPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP QFGT 0QTFITKGEJGPNCPF I .KDGTVCUMQRH T 4COOURQTP WPF #PMGT ÒDGT -TGW\ $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌP

1,5:1

8482

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP QFGT 0QTFITKGEJGPNCPF 2WDNKWU 5GTXKNKWU %CUEC .QPIWU I 0GRVWPMQRH T ÒDGT FGT 5EJWNVGT &TGK\CEM 8KEVQTKC UVGJT T CWH IGDTQEJGPGO <GRVGT OKV 2CNO\YGKI WPF FWTEJVTGPPVGO &KCFGO $CD $/% %TCYH 5GCT 5[F 8QP ITQGT 5GNVGPJGKV #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T 2WDNKWU 5GTXKNKWU %CUEC .QPIWU YCT GKPGT FGT %CGUCTOÌTFGT GT HÒJTVG FGP GTUVGP &QNEJUVQ &GT 0GRVWPMQRH CWH FGO #XGTU URKGNV CWH FKG OKNKV·TKUEJGP 'THQNIG FGU %CUUKWU WPF FKG ªDGTNGIGPJGKV FGT %CGUCTOÌTFGT \WT 5GG CP &GT 4GXGTU \GKIV FKG <KGNG FGT %CGUCTOÌTFGT /KV KJTGO 5KGI XGTMÌTRGTV FWTEJ FKG 8KEVQTKC YKTF FKG $GUVTGDWPI \WT 'TTKEJVWPI GKPGT -ÌPKIUJGTTUEJCHV \WPKEJVG IGOCEJV U[ODQNKUKGTV FWTEJ FCU \GTDTQEJGPG <GRVGT WPF FCU FWTEJVTGPPVG &KCFGO WPF FKG 4GRWDNKM YKGFGTJGTIGUVGNNV

145

3:1

8483

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP QFGT 0QTFITKGEJGPNCPF . 2NCGVQTKWU %GUVKCPWU I -QRH FGU $TWVWU T N . 2.#'6 %'56 QDGP $486 T +/2 2KNGWU \YKUEJGP \YGK &QNEJGP FCTWPVGT '+& /#4 $CD $/% %TCYH 5GCT 5[F 8QP ITQGT 5GNVGPJGKV 2TÒHRWP\G CWH FGO 4GXGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI 'ZGORNCT FGT #WMVKQP .GW <ÒTKEJ 0T WPF FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T &KGUG YQJN DGTÒJOVGUVG TÌOKUEJG /ÒP\G NKG $TWVWU X %JT MWT\ XQT FGT 5EJNCEJV XQP 2JKNKRRK RT·IGP &GT #XGTU FGU 5VÒEMGU \GKIV FCU 2QTVT·V FGU %CGUCTOÌTFGTU $TWVWU FGT 4GXGTU NKGHGTV FKG 4GEJVHGTVKIWPI UGKPGT $NWVVCV XQO /·T\ X %JT &GT 2KNGWU FKG (TGKJGKVUMCRRG EJCTCMVGTKUKGTV FGP /QTF CP FGP +FGP FGU /·T\GU CNU GKPGP RCVTKQVK UEJGP #MV \WT 9KGFGTJGTUVGNNWPI FGT (TGKJGKV &KG &QNEJG UKPF GKPGTUGKVU FKG 9CHHGP FGT %CGUCTOÌTFGT XGTYGKUGP CDGT CPFGTGTUGKVU FWTEJ FKG 8GTDKPFWPI OKV FGO 0COGP $TWVWU CWH FGP 5EJYWT FGP FGUUGP #JPJGTT . +WPKWU $TWVWU FGT NGIGPF·TG )TÒPFGT FGT 4GRWDNKM CWH GKPGP DNWVKIGP &QNEJ CDIGNGIV JCDGP UQNN +P FKGUGO 5EJYWT XGTRHNKEJVGVG UKEJ FGT 4GRWDNKMITÒPFGT FC\W FKG GVTWUMKUEJGP -ÌPKIG CWU 4QO \W XGTVTGKDGP &GT %CGUCTOQTF YKTF UQOKV KP FKG 6TCFKVKQP GKPGU IGTGEJVHGTVKIVGP 6[TCPPGPOQTFGU IGUVGNNV &KGUG $GITÒPFWPI FGU /QTFGU KUV HTGKNKEJ JGWEJNGTKUEJ FGPP $TWVWU JCPFGNVG KPFGO GT UGKP 2QTVT·V CWH FKG /ÒP\G UGV\GP NKG PKEJV CPFGTU CNU %CGUCT 'KPGT FGT )TÒPFG HÒT FGP /QTF YCT GU WPVGT CPFGTGO FC %CGUCT UGKP 2QTVT·V CWH FKG /ÒP\GP UGV\GP NKG FKGU ICNV CNU GKP #P\GKEJGP HÒT FKG $GUVTGDWPI GKPG /QPCTEJKG \W GTTKEJVGP

1,5:1

8484 1,5:1

% %CUUKWU .QPIKPWU Ŏ X %JT Õ &GPCT X %JT 5O[TPC ! 2 %QTPGNKWU .GPVWNWU 5RKPVJGT I .KDGTVCUMQRH T OKV &KCFGO -CPPG WPF .KVWWU $CD $/% %TCYH 5GCT 5[F 4 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

5RKPVJGT YCT X %JT KP FCU -QNNGIKWO FGT #WIWTGP IGY·JNV YQTFGP WPF XGTYGKUV FWTEJ FKG 2TKGUVGTIGT·VG CWH FGO 4GXGTU CWH UGKP #OV

8485

Õ &GPCT X %JT 5O[TPC ! 2 %QTPGNKWU .GPVWNWU 5RKPVJGT I .KDGTVCUMQRH T OKV &KCFGO -CPPG WPF .KVWWU $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

146

8486

1,5:1

8486

%P &QOKVKWU #JGPQDCTDWU Õ &GPCT X %JT WPDGMCPPVG /ÒP\UV·VVG I -QRH T 2TQTC T FCTCWH 6TQRJ·G $CD $/% %TCYH 5GCT 5[F 4 2QTVT·V XQP HGKPGO 5VKN IWVGU UGJT UEJÌP

&KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FGP 5GGUKGI FGU #JGPQDCTDWU ÒDGT &QOKVKWU %CNXKPWU KO ,CJT X %JT &COCNU YWTFG GT \WO +ORGTCVQT CWUIGTWHGP

8487

5GZVWU 2QORGKWU Ŏ X %JT #U X %JT UK\KNKUEJG /ÒP\UV·VVG I ,CPWUMQRH OKV FGP <ÒIGP FGU %P 2QORGKWU /CIPWU 2TQTC T $CD $/% %TCYH 42% 5GCT 5[F C $TCWPG 2CVKPC HCUV UGJT UEJÌP

8488 1,5:1

1,5:1

Õ &GPCT X %JT 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 (GKPGU 2QTVT·V UGJT UEJÌPpXQT\ÒINKEJ &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

8489

1,5:1

8490

1,5:1

Õ &GPCT X %JT UK\KNKUEJG /ÒP\UV·VVG I 2JCTQU XQP /GUUKPC OKV 0GRVWPUVCVWG FCXQT )CNGGTG 5E[NNC $CD $/% %TCYH C 5GCT 5[F 4 5GJT UEJÌP

&KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV

147

8491

8492

1,5:1

/CTEWU #PVQPKWU Ŏ X %JT Õ 3WKPCT X %JT ICNNKUEJG /ÒP\UV·VVG I .KVWWU %CRKU WPF 4CDG 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQRJ·G $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\GP CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV

Õ 3WKPCT X %JT .WIFWPWO I 8KEVQTKCMQRH OKV FGP <ÒIGP (WNXKCU! T .ÌYG T $CD $/% %TCYH 5GCT 5[F #XGTU NGKEJV FG\GPVTKGTV UGJT UEJÌP

1,5:1

8493

1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T FCJKPVGT .KVWWU 5QNMQRH T $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌP

8494

8495

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP )TKGEJGPNCPF I -QRH T T TGEJVGEMKIGT )GIGPUVGORGN $ÒUVG FGU 5QN X X KP \YGKU·WNKIGO 6GORGN $CD $/% %TCYH 5GCT 5[F 4 5EJÌPpUGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP )TKGEJGPNCPF I -QRH T $ÒUVG FGU 5QN X X KP \YGK U·WNKIGO 6GORGN $CD $/% %TCYH 5GCT 5[F 4 2TÒHRWP\GP CWH FGO #XGTU UEJÌPpUGJT UEJÌP

8496

8497

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP I -QRH T 2KGVCU UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP FCXQT 5VQTEJ $CD $/% %TCYH 5GCT 5[F 4 2T·IGUEJY·EJG 4GXGTU GVYCU FG\GPVTKGTV UGJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP )TKGEJGPNCPF . /WPCVKWU 2NCPEWU I .KVWWU WPF %C RKU -CPPG \YKUEJGP IGHNÒIGNVGO $NKV\ WPF IGHNÒIGNVGO %CFWEGWU $CD $/% %TCYH 5GCT 5[F 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

<W . /WPCVKWU 2NCPEWU UKGJG FKG #POGTMWPI \W 0T

148

8498

1,5:1

Õ &GPCT X %JT %QTE[TC ! %P &QOKVKWU #JGPQDCTDWU I -QRH T FCJKPVGT .KVWWU 2TQTC T FCTÒDGT 5VGTP $CD $/% %TCYH 5GCT 5[F 4 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

8499

8500

1,5:1

Õ &GPCT X %JT U[TKUEJG .CIGTOÒP\UV·VVG I -QRH T 6TQRJ·G WPVGP 2TQTC WPF 5EJKNF $CD $/% %TCYH 5GCT 5[F 4 -N -TCV\GT WPF )TCHHKVQ HGKPG 2CVKPC IWVGU UGJT UEJÌP

&CU 5VÒEM HGKGTV FKG 5KGIG FGU 2WDNKWU 8GPVKFKWU $CUUWU ÒDGT FKG 2CTVJGT

Õ &GPCT X %JT #VJGP I -QRH T #0610+85 #8) +/2 +++ $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

&KG FTKVVG KORGTCVQTKUEJG #MMNCOCVKQP GTHQNIVG PCEJ FGO 2CTVJGTMTKGI X %JT

8502

8501 1,5:1

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') ++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

'U FÒTHVG FKG .GIKQ ++ #WIWUVC IGOGKPV UGKP 5KG YCT UR·VGT KP /QIQPVKCEWO /CKP\ UVCVKQPKGTV CD KP )NQXGU

)NQWEGUVGT KP $TKVCPPKGP

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') +++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F #VVTCMVKXGU 'ZGORNCT IWVGU UGJT UEJÌP 'U JCPFGNV UKEJ YQJN WO FKG NGIKQ +++ )CNNKEC

8503

8504

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') +8 .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

&KGUG CNVG ECGUCTKUEJG .GIKQP FKGPVG PCEJ FGO $ÒTIGTMTKGI \WP·EJUV KP 5RCPKGP FCPP JCVVG UKG UGKV P %JT KJT 5VCPFNCIGT KP /CKP\ 5KG UEJNQ UKEJ 8KVGNNKWU CP WPF YWTFG FGUJCND XQP 8GURCUKCPWU PCEJ UGKPGO 5KGI CWHIGNÌUV

149

8506

8505

8508

8507

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8 .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

&KG .GIKQ 8 #NCWFCG CNCWFC MGNVKUEJ .GTEJG &KG .GIKQP GTJKGNV FKGUGP $YGKPCOGP YGIGP KJTGU *GNOUEJOWEMU YWTFG XQP %CGUCT CWHIGUVGNNV 7PVGT #WIWUVWU MCO UKG CP FGP 4JGKP WPF YWTFG KP %CUVTC 8GVGTC :CPVGP UVCVKQPKGTV 5KG UEJNQ UKEJ 8KVGNNKWU CP 0CEJ FGT 0KGFGTNCIG IGIGP 8GURCUKCP YWTFG UKG PCEJ /QGUKGP IGUEJKEMV YQ UKG KP GK PGO -TKGI IGIGP FKG &CMGT WPVGTIKPI

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8 .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\G CWH FGO #XGTU NGKEJV FG\GPVTKGTV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI IWVGU UGJT UEJÌP

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $/% %TCYH 5GCT 5[F 2T·IGUEJY·EJG CO 4CPF UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

&KG .GIKQ 8++ %NCWFKC YCT WPVGT %CGUCT KP )CNNKGP UVCVKQPKGTV WPF YWTFG PCEJ FGO $ÒTIGTMTKGI PCEJ /QGUKGP XGT NGIV YQ KJT #D\GKEJGP FGT 5VKGT PQEJ KO ,CJTJWPFGTV CWH /ÒP\GP XQP 8KOKPCEKWO GTUEJGKPV

8509

8510

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

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') 8+++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F .GKEJV FG\GPVTKGTV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8511

150

8512

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') +: .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 2T·IGUEJY·EJG CO 4CPF UQPUV IWVGU UGJT UEJÌP

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') +: .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F -N -TCV\GT WPF -QTTQUKQPUUVGNNG CWH FGO #XGTU UQPUV IWVGU UGJT UEJÌP

8513

1,5:1

8514

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') : .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F /KP MQTTQFKGTV 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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 4GXGTU NGKEJV FG\GPVTKGTV HGKPG 2CVKPC UGJT UEJÌP

&KG .GIKQ :+ YWTFG X %JT XQP %CGUCT CWHIGUVGNNV FGT X %JT FKG 8GVGTCPGP GPVNKG WPF KP $QXKCPWO CPUKG FGNVG 1EVCXKCP UVGNNVG FKG .GIKQP GTPGWV CWH

8515

1,5:1

8516

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :++ #0=6+3?7#' .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP \YKUEJGP NKPMGT 5VCPFCTVG WPF .GIKQPUCFNGT .') $CD $/% %TCYH 5GCT 5[F .GKEJV FG\GPVTKGTV UGJT UEJÌP

&KGU 'ZGORNCT KUV DGK $CPVK 5KOQPGVVK CDIGDKNFGV &CU 5VÒEM \GKIV GKPG $GUQPFGTJGKV &GT 5VGORGNUEJPGKFGT JCVVG \WP·EJUV .') \YKUEJGP NKPMG 5VCPFCTVG WPF FGP .GIK QPUCFNGT IGUGV\V WPF UR·VGT XGTUWEJV GU \W GPVHGTPGP YCU CDGT PKEJV XQNNUV·PFKI IGNCPI UQ FC WPUGT 5VÒEM \YGKOCN .') \GKIV &KG \YÌNHVG .GIKQP YCT KO 1UVGP UVCVKQPKGTV \WP·EJUV KP I[RVGP FCPP KP 5[TKGP CD FGO ,CJT P %JT KP -CRRCFQ MKGP ªDGT FKGUG .GIKQP DGTKEJVGV CWEJ FKG EJTKUVNKEJG .GIGPFG KO -TKGI FGU /CTEWU #WTGNKWU OKV FGP 3WCFGP IGTKGV FCU TÌOKUEJG *GGT KP GKPG 0QVNCIG CNU DGK ITQGT *KV\G FCU 6TKPMYCUUGT MPCRR YWTFG &KG #TOGG YWTFG FWTEJ GKP RNÌV\NKEJGU )GYKVVGT IGTGVVGV WPF DGUKGIVG FKG (GKPFG XQNNUV·PFKI &CU )GYKVVGT UQNN FWTEJ FKG )GDGVG FGT EJTKUVNKEJGP \YÌNHVGP .GIKQP JGTXQTIGTWHGP YQTFGP UGKP 5Q FGWVGV \WOKPFGUV 'WUGDKWU JKUV GEEN 8 FCU DGTÒJOVG 4GIGPYWP FGT FGT 3WCFGPUEJNCEJV

8517

8518

8519

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :++ #06+37#' .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 9KP\ -TCV\GT UGJT UEJÌP

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :+++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F C .GKEJV FG\GPVTKGTV HGKPG 2CVKPC UGJT UEJÌP

&KG .GIKQ :+++ YWTFG X %JT XQP %CGUCT CWUIGJQDGP 5KG M·ORHVG KO )CNNKUEJGP -TKGI W C DGK )GTIQXKC #O ,CPWCT X %JT ÒDGTUEJTKVV %CGUCT OKV FKGUGT .GIKQP FGP 4WDKEQP UKG DNKGD KJO Y·JTGPF FGU IGUCOVGP $ÒT IGTMTKGIGU VTGW WPF M·ORHVG W C DGK &[TTJCEJKWO 2JCTUCNQU 6JCRUWU WPF /WPFC 0CEJ /WPFC NÌUVG %CGUCT FKG .GIKQP CWH #WIWUVWU UVGNNVG UKG LGFQEJ X %JT GTPGWV HÒT FGP -CORH IGIGP 5GZVWU 2QORGKWU CWH +P FGT -CKUGT \GKV YCT UKG KP $WTPWO -PKP 'OQPC .LWDNLCPC #WIWUVC 8KPFGNKEQTWO #WIUDWTI 2QGVQXKQ 2VWL 8KPFQDQPC

9KGP WPF #RWNWO -CTNUDWTI UVCVKQPKGTV

151

8520

8521

1,5:1

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

&KG .GIKQ :+8 YWTFG X %JT XQP #WIWUVWU CWHIGUVGNNV 5KG YCT UGKV P %JT KP /QIWPVKCEWO /CKP\ UVCVKQPKGTV WPF M·ORHVG UR·VGT WPVGT %NCWFKWU KP $TKVCPPKGP YQ UKG QFGT P %JT JCNH $QWFKEEC PKGFGT\WYGTHGP 5R·VGT YCT FKG .GIKQP W C KP 8KPFQDQPC 9KGP WPF %CTPWPVWO UVCVKQPKGTV 5KG YCT CP FGP 7UWTRCVKQPGP FGU 5CVWTPKPWU WPF 4GICNKCPWU DGVGKNKIV

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :8 .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F -PCRRGT 5EJTÌVNKPI CVVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

&KG .GIKQ :8 XQP 1EVCXKCPWU IGITÒPFGV YCT PCEJ FGO $ÒTIGTMTKGI KP +NN[TKGP UVCVKQPKGTV

8522

8523

8524

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

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG .GIKQ :8+ YCT DKU \WO ,CJTG KP /QIWPVKCEWO /CKP\ UVCVKQPKGTV UKG YWTFG FCPP KP FCU PKGFGTTJGKPKUEJG *GGT GKPIGTGKJV

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :8++ %.#55+%#' .GIKQPUCFNGT \YK UEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\GP CWH FGO #XGTU HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG .GIKQ :8++ YWTFG XQP 1EVCXKCP YKGFGT CWHIGUVGNNV WPF X %JT CP FGP 4JGKP XGTNGIV +O ,CJTG P %JT IKPI UKG KP FGT 8CTWUUEJNCEJV WPVGT

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

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8525

8526

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :8+++ .;$+%#' .GIKQPUCFNGT \YK UEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\GP UGJT UEJÌP

&KG .GIKQ :8+++ IKPI KO ,CJTG P %JT KP FGT 8CTWUUEJNCEJV KP -CNMTKGUG DGK 1UPCDTÒEM WPVGT &KGUG 5EJNCEJV XGT NQT 2 3WKPEVKNKWU 8CTWU IGIGP GKPG -QCNKVKQP IGTOCPKUEJGT 5V·OOG WPVGT FGT (ÒJTWPI FGU %JGTWUMGTHÒTUVGP #TOK PKWU GVYC TÌOKUEJG 5QNFCVGP HCPFGP FGP 6QF <W FGP 6QVGP IGJÌTVG CWEJ / %CGNKWU GKP %GPVWTKQ FGT .GIKQP FGUUGP KP :CPVGP IGHWPFGPGT )TCDUVGKP DKU JGWVG FGP GKP\KIGP GRKITCRJKUEJGP $GNGI HÒT FKG 8CTWUMCVCUVTQRJG FCTUVGNNV &GP #FNGT FGT .GIKQ :8+++ MQPPVGP TÌOKUEJG 6TWRRGP GKPKIG ,CJTG UR·VGT GPVYGFGT XQP FGP /CTUGTP 6CE #PP ++ QFGT FGP %JCWMGTP %CUU &KQ .: \WTÒEMIGYKPPGP

152

8527

8528

8529

8530

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :8+++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F -N 2TÒHRWP\GP UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG .GIKQ :8+++ IKPI KO ,CJTG P %JT KP FGT 8CTWUUEJNCEJV KP -CNMTKGUG DGK 1UPCDTÒEM WPVGT &KGUG 5EJNCEJV XGTNQT 2 3WKPEVKNKWU 8CTWU IGIGP GKPG -QCNKVKQP IGTOCPKUEJGT 5V·OOG WPVGT FGT (ÒJTWPI FGU %JGTWUMGTHÒTUVGP #TOKPKWU GVYC TÌOKUEJG 5QNFCVGP HCPFGP FGP 6QF <W FGP 6QVGP IGJÌTVG CWEJ / %CGNKWU GKP %GPVWTKQ FGT .GIKQP FGUUGP KP :CPVGP IGHWPFGPGT )TCDUVGKP DKU JGWVG FGP GKP\KIGP GRKITCRJKUEJGP $GNGI HÒT FKG 8CTWUMCVCUVTQRJG FCTUVGNNV &GP #FNGT FGT .GIKQ :8+++ MQPPVGP TÌOKUEJG 6TWRRGP GKPKIG ,CJTG UR·VGT GPVYGFGT XQP FGP /CTUGTP 6CE #PP ++ QFGT FGP %JCWMGTP %CUU &KQ .: \WTÒEMIGYKPPGP

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :+: .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\GP CWH FGO #XGTU 4GXGTU GVYCU MQTTQFKGTV UGJT UEJÌP HCUV UGJT UEJÌP

&KG .GIKQ :+: 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

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :+: .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\G CWH FGT 8QTFGTUGKVG UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :+: .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCT VGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\G CWH FGT 8QTFGTUGKVG UGJT UEJÌP

8531

8532

1,5:1

Õ &GPCT X %JT 2CVTCU I )CNGGTG T .') :8++++ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 44 2TÒHRWP\GP UGJT UEJÌPGU 'ZGORNCT

&GT &GPCT OKV FGT 5EJTGKDYGKUG .') :8++++ KUV CPFGTU CNU LGPGT OKV .') :+: ·WGTUV UGNVGP

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :: .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG .GIKQ :: YKTF XQP 1EVCXKCP YKGFGT GTTKEJVGV 0CEJ FGT 8CTWUUEJNCEJV YKTF UKG \WGTUV PCEJ 1RRKFWO 7DKQTWO FGO UR·VGTGP %QNQPKC #ITKRRKPC -ÌNP FCPP PCEJ 0QXCGUKWO 0GW XGTNGIV #D P %JT KUV UKG KP $TKVCPPKGP \W HKPFGP

8533

8534

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :: .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') ::+ .GIKQPUCFNGT \YKUEJGP \YGK 5VCP FCTVGP $CD $/% %TCYH 5GCT 5[F 4GXGTU GVYCU FG\GPVTKGTV IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

153

8535

8536

8537

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

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T %*146+8/ 24#'614+#47/ .GIKQPU CFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 4 (GKPG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T %*146+8/ 24#'614+#47/ .GIKQPU CFNGT \YKUEJGP \YGK 5VCPFCTVGP $CD $/% %TCYH 5GCT 5[F 4 .GKEJVGT &QRRGNUEJNCI UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

1,5:1

8538

1,5:1

Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T %1*146+5 52'%8.#6148/ &TGK 5VCP FCTVGP LGFG CWH 2TQTC WPF OKV \YGK -T·P\GP FGMQTKGTV $CD $/% %TCYH 5GCT 5[F 44 -PCRRGT 5EJTÌVNKPI HCUV XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP &KG URGEWNCVQTGU YCTGP FKG -WPFUEJCHVGT D\Y 5R·JGT FGT TÌOKUEJGP #TOGG WPF KP FKGUGT (WPMVKQP HÒT FKG 'KP\GNCWH MN·TWPI \WUV·PFKI %CGU )CNN +P LGFGT .GIKQP FKGPVGP URGEWNCVQTGU /CTEWU #PVQPKWU UVGNNVG GKPG GKIGPG -QJQTVG XQP URGEWNCVQTGU CWH FKG FCPP CWEJ HÒT -WTKGTFKGPUVG JGTCPIG\QIGP YWTFG

1,5:1

8539

1,5:1

Õ &GPCT X %JT #EVKWO & 6WTWNNKWU I -QRH T +O .QTDGGTMTCP\ 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI T WPVGP /QPQITCOO FGU 6WTWNNKWU $CD $/% %TCYH 5GCT 5[F 44 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&KGUG NGV\VG 'OKUUKQP XQP 2QTVT·VFGPCTGP FGU /CTEWU #PVQPKWU NKG & 6WTWNNKWU DGK #EVKWO UEJNCIGP 6WTWNNKWU YCT GKPGT FGT DGKFGP \W FKGUGO <GKVRWPMV PQEJ NGDGPFGP %CGUCTOÌTFGT 0CEJ #EVKWO YWTFG GT XQP 1EVCXKCPWU IGHCPIGP IGPQOOGP WPF \WT *KPTKEJVWPI PCEJ -QU IGDTCEJV YQ GT GKPKIG ,CJTG XQTJGT WPVGT FGO -QOOCPFQ FGU %CUUKWU .QPIKPWU FGO #UMNGRKQU IGYGKJVG $·WOG JCVVG H·NNGP NCUUGP /KV UGKPGO 6QF YWTFG UQOKV UQYQJN FKG 'TOQTFWPI %CGUCTU CNU CWEJ FGT (TGXGN IGUÒJPV

1,5:1

8540

/CTEWU #PVQPKWU Ŏ X %JT 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 (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'U JCPFGNV UKEJ WO FKG GTUVG 2T·IWPI FKG FGP 0COGP FGU /CTEWU #PVQPKWU VT·IV

154

1,5:1

8541

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 C 4 (GKPG 6ÌPWPI UEJÌPpUGJT UEJÌP

8542

1,5:1

/CTEWU #PVQPKWU Ŏ X %JT WPF 1EVCXKCPWU Õ &GPCT X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F *GTTNKEJG 2QTVT·VU OKP MQTTQFKGTV UQPUV HCUV XQT\ÒINKEJ

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

8545

8544

8543

8546

Õ &GPCT X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F #VVTCMVKXGU 'ZGORNCT UGJT UEJÌP

Õ &GPCT X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT 'RJGUWU / $CTDCVKWU I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP . )GNNKWU 2QRNKEQNC I -QRH FGU /CTEWU #PVQPKWU T FCJKPVGT %CRKU -QRH FGU 1EVCXKCPWU T FCJKPVGT .KVWWU $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

. )GNNKWU 2QRNKEQNC UVCPF KO $ÒTIGTMTKGI \WP·EJUV CWH FGT 5GKVG FGT %CGUCTOÌTFGT NKGH CDGT \W /CTEWU #PVQPKWU ÒDGT +O ,CJT X %JT YCT GT %QPUWN $GK #EVKWO MQOOCPFKGTVG GT FGP TGEJVGP (NÒIGN FGT (NQVVG FGU /CTEWU #P VQPKWU

1,5:1

8547

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP 5[TKGP I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F 44 *GTTNKEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

155

8548

8550

8549

8551

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP 5[TKGP I $GKFGTUGKVU -QRH T $CD $/% %TCYH 5GCT 5[F 44 -TCV\GT CWH FGO #XGTU UGJT UEJÌP

Õ 3WKPCT X %JT ICNNKUEJG /ÒP\UV·VVG I %QPEQTFKCMQRH T OKV 5EJNGKGT <YGK *·PFG JCN VGP %CFWEGWU $CD $/% %TCYH D 5GCT 5[F 4 5GJT UEJÌP

/CTEWU #PVQPKWU Ŏ X %JT 1EVCXKCPWU WPF .GRKFWU U PCEJ X %JT 'RJGUQU +QPKC /CIKUVTCV )NCWMQU WPF 'WVJ[MTCVGU I &TGK -ÌRHG T 5VCVWG FGT #TVGOKU 'RJGUKC X X 42% 5GCT )TÒPG 2CVKPC HCUV UGJT UEJÌP

8552

8553

8554

/CTEWU #PVQPKWU Ŏ X %JT WPF 1EVCXKC Õ %KUVQRJQT X %JT 'RJGUQU +QPKC I -QRH T OKV 'HGWMTCP\ -QRH FGT 1EVCXKC T CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $CD $/% 42% 5GCT 5[F 4 'VYCU $GNCI IWVGU UGJT UEJÌP

Õ %KUVQRJQT X %JT 'RJGUQU +QPKC I -QRH T OKV 'HGWMTCP\ -QRH FGT 1EVCXKC T CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $CD $/% 42% 5GCT 5[F 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

Õ %KUVQRJQT X %JT 'RJGUQU +QPKC I $GKFGT $ÒUVGP T &KQP[UQU UVGJV N OKV -CPVJCTQU WPF 6J[TUQU CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $CD $/% 42% 5GCT 5[F )WVGU UGJT UEJÌP

&GT %KUVQRJQT GTKPPGTV CP FKG 'JGUEJNKGWPI XQP 1EVCXKC FGT 5EJYGUVGT FGU 1EVCXKCPWU OKV /CTEWU #PVQPKWU &KG 4ÒEMUGKVG HGKGTV FGP IÌVVNKEJGP 5VCVWU FGU 6TKWOXKTP CNU PGWGP &KQP[UKWU GKPG 'JTG FKG /CTEWU #PVQPKWU KO ,CJT X %JT DGK UGKPGT #PMWPHV KP 'RJGUWU XGTNKGJGP YWTFG

8555

156

/CTEWU #PVQPKWU Ŏ X %JT HÒT (WNXKC U X %JT 'WOGPGKC CNU (WNXKC 2JT[IKC /CIK UVTCV <OGTVQTKZ 2JKNQPKFQW I )GHNÒIGNVG $ÒUVG FGT (WNXKC T #VJGPC IGJV N 42% 6KGHITÒPG 2CVKPC UGJT UEJÌP

8556

/CTEWU #PVQPKWU Ŏ X %JT WPF .WEKWU #PVQPKWU Õ &GPCT X %JT 'RJGUWU / %QEEGKWU 0GTXC I $GKFGTUGKVU -QRH T $CD $/% %TCYH C 5GCT 5[F 44 .GKEJV MQTTQFKGTV UGJT UEJÌP

/ %QEEGKWU 0GTXC %QPUWN FGU ,CJTGU X %JT YCT FGT 7TITQXCVGT FGU UR·VGTGP -CKUGT 0GTXC .WEKWU #PVQPKWU GKP LÒPIGTGT $TWFGT FGU /CTEWU #PVQPKWU YCT KP UGKPGT ,WIGPF HÒT UGKP NQVVGTJCHVGU .GDGP DGMCPPV +O ,CJTG X %JT YCT GT %QPUWN

1,5:1

8557

1,5:1

/CTEWU #PVQPKWU Ŏ X %JT 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 CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T -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

8558

8558 1,5:1

Õ 6GVTCFTCEJOG WO X %JT WPDGUVKOOVG /ÒP\UV·VVG 6[TQU! I -QRH T &TCRKGTVG $Ò UVG T OKV &KCFGO 42% 5GCT 44 2T·EJVKIGU 2QTVT·V FGT -NGQRCVTC UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T

8559

8559 1,5:1

U X %JT %JCNEKU 5[TKC I -QRH T &TCRKGTVG $ÒUVG T OKV &KCFGO 42% 5GCT 44 &WPMNG 2CVKPC UGJT UEJÌP

157

8560

8561

1,5:1

/ #GOKNKWU .GRKFWU Ŏ X %JT WPF 1EVCXKCPWU Õ &GPCT X %JT KVCNKUEJG .CIGTOÒP\ UV·VVG I -QRH FGU .GRKFWU T -QRH FGU 1EVCXKCPWU T $CD $/% %TCYH C 5GCT 5[F 8QP ITQGT 5GNVGPJGKV ªDGTCTDGKVGV YKP\ 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

&C /CTE #PVQPU 0COG HGJNV KUV CWEJ UEJQP GKPG UR·VGTG &CVKGTWPI WPF GKPG CHTKMCPKUEJG /ÒP\UV·VVG XQTIGUEJNCIGP YQTFGP

1EVCXKCPWU Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP FGT )CNNKC %KUCNRKPC I -QRH T 4GKVGT UVCVWG N $CD $/% %TCYH 5GCT 5[F 4 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

&KGUG 2T·IWPI \GKIV \WO GTUVGP /CN FCU 2QTVT·V 1EVCXKCPU OKV NGKEJVGO $CTVCPUCV\ WO FKG 6TCWGT ÒDGT FGP 6QF %CGUCTU \WO #WUFTWEM \W DTKPIGP &GT 4GXGTU DG\KGJV UKEJ CWH GKPGP 5GPCVUDGUEJNW 1EVCXKCP OKV GKPGT 4GKVGTUVCVWG CWH FGO (QTWO \W GJTGP 8GNNGKWU 2CVGTEWNWU

8563

8562

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T -TCP\ CWH EWTWNKUEJGO 5VWJN $CD $/% %TCYH 5GCT 5[F &TWEMUVGNNG CWH FGT 4ÒEMUGKVG UQPUV UGJT CVVTCMVKXGU 'ZGORNCT UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T -TCP\ CWH EWTWNKUEJGO 5VWJN $CD $/% %TCYH C 5GCT 5[F 7PTGIGNO·KIGT 5EJTÌVNKPI UGJT UEJÌP

8564

8565

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP )TKGEJGPNCPF I &TCRKGTVG $ÒUVG T OKV *GNO WPF 5RGGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP FCJKPVGT 6TQRJ·G $CD $/% %TCYH 5GCT 5[F 4 5GJT UEJÌP

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP )TKGEJGPNCPF I &TCRKGTVG $ÒUVG T OKV *GNO WPF 5RGGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP FCJKPVGT 6TQRJ·G $CD $/% %TCYH 5GCT 5[F 4 (GKPG 2CVKPC HCUV UGJT UEJÌP

8566

8567

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 4GKVGTUVCVWG 1EVCXKCPU N OKV GTJQDGPGT 4GEJVGP $CD $/% %TCYH 5GCT 5[F 4 5EJÌP

&WRQPFKWU WO X %JT 0CTDQ )CNNKC I -QRH T 2TQTC T 42% 5GCT )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

158

1,5:1

8568

1,5:1

Õ &GPCT X %JT .CIGTOÒP\UV·VVG I -QRH T / #)4+22# %1=5? &'5+) $CD $/% %TCYH 5GCT 5[F 44 'VYCU FG\GPVTKGTV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T #WH FGP /ÒP\GP FKGUGT 5GTKG GTUEJGKPV \WO GTUVGP /CN FGT 0COG #ITKRRCU FGU (TGWPFGU WPF )GPGTCNU FGU 1EVCXKCPWU 'U KUV DKUNCPI PKEJV IGMN·TV QD FCU XQTNKGIGPFG 5VÒEM WPVGT #ITKRRC KP )CNNKGP QFGT WPVGT 1EVCXKCPWU KP +VCNKGP IGRT·IV YQTFGP KUV

8569

&WRQPFKWU X %JT UÒFKVCNKUEJG /ÒP\UV·VVG I -QRH T FCXQT 5VGTP 5EJTKHV KP -TCP\ $CD $/% %TCYH 5GCT 5[F 4 $TCWPG 2CVKPC UGJT UEJÌP UEJÌP

&KG 2T·IWPI FKGUGT 5VÒEMG UVGJV OÌINKEJGTYGKUG KP <WUCOOGPJCPI OKV FGO 8QTIGJGP 1EVCXKCPU IGIGP 5GZVWU 2QORGKWU

8570

8571

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 5KORWNWO #URGTIKNNWO -CPPG .KVWWU $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KGTU·WNKIGT 6GORGN FGU &KXWU ,WNKWU X X FCTKP 5VCVWG FGU &KXWU ,WNKWU KO 2GFKOGPV -QOGV UKFWU +WNKWO N #NVCT $CD $/% %TCYH 5GCT 5[F 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&GT CWH FGO 4GXGTU FCTIGUVGNNVG 6GORGN YCT \WT <GKV FGT 2T·IWPI FGT /ÒP\G PQEJ PKEJV HGTVKIIGUVGNNV &GT -QOGV KO 2GFKOGPV FGU 6GORNWO &KXK +WNK KUV FGT UKFWU ,WNKWU ªDGT FKGUGP -QOGVGP UEJTGKDV 2NKPKWU PCV ++ 0WT CP GK PGO GKP\KIGP 1TV FGT 'TFG P·ONKEJ KP 4QO YKTF GKP -QOGV KP GKPGO 6GORGN XGTGJTV YGKN KJP FGT &KXWU #WIWUVWU CNU UGJT IÒPUVKIGU <GKEJGP HÒT UKEJ GTMN·TVG 'T VTCV P·ONKEJ \W $GIKPP UGKPGT 4GIKGTWPI KP 'TUEJGKPWPI Y·JTGPF FGT 5RKGNG FKG GT \W 'JTGP FGT 8GPWU )GPGVTKZ MWT\ PCEJ FGO 6QFG UGKPGU 8CVGTU %CGUCT KP FGO PQEJ XQP FKGUGO GKPIG UGV\VGP -QNNGIKWO CDJKGNV /KV HQNIGPFGP 9QTVGP ·WGTVG GT FCTÒDGT UGKPG (TGWFG ō)GTCFG CP FGP 6CIGP OGKPGT 5RKGNG YWTFG GKP *CCTUVGTP UKGDGP 6CIG NCPI CO PÌTFNKEJGP 6GKN FGU *KOOGNU GTDNKEMV GT IKPI WO FKG GNHVG 6C IGUUVWPFG CWH YCT UGJT NGWEJVGPF WPF KP CNNGP .·PFGTP UKEJVDCT &CU 8QNM INCWDVG FWTEJ FKGUGP 5VGTP YGTFG FKG #WHPCJOG FGT 5GGNG %CGUCTU WPVGT FKG WPUVGTDNKEJGP )ÌVVGT CPIG\GKIV WO FGUUGPVYKNNGP YWTFG FKGUGU 5VGTP\GKEJGP CO #DDKNF UGKPGU -QRHGU CPIGDTCEJV FCU UR·VGT CWH FGO (QTWO IGYGKJV YWTFGŋ 5Q URTCEJ GT UKEJ ÌHHGPVNKEJ CWU KP UGKPGO +PPGTP CDGT YCT GT OKV (TGWFG ÒDGT\GWIV FC FGT 5VGTP HÒT KJP CWHIGICPIGP UGK WPF FC GT OKV KJO CWHIGJG WPF \YCT YGPP YKT FKG 9CJTJGKV UCIGP YQNNGP \WO *GKNG FGT 9GNV

8572

8573

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KGTU·WNKIGT 6GORGN FGU &KXWU ,WNKWU X X FCTKP 5VCVWG FGU &KXWU ,WNKWU KO 2GFKOGPV -QOGV UKFWU +WNKWO N #NVCT $CD $/% %TCYH 5GCT 5[F 'VYCU FG\GPVTKGTV HGKPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KGTU·WNKIGT 6GORGN FGU &KXWU ,WNKWU X X FCTKP 5VCVWG FGU &KXWU ,WNKWU KO 2GFKOGPV -QOGV UKFWU +WNKWO N #NVCT $CD $/% %TCYH 5GCT 5[F -N 2T·IGUEJY·EJG CWH FGT 4ÒEMUGKVG UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

159

8574

8575

8577

8576

Õ &GPCT X %JT PQTFKVCNKUEJG QFGT KNN[TKUEJG /ÒP\UV·VVG I -QRH T 4WPFUEJKNF $/% %QJ 4+%w C 2TÒHRWP\G CWH FGO #XGTU MN 4CPFHGJNGT UGJT UEJÌP

<W &CVKGTWPI WPF /ÒP\UV·VVG UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

Õ &GPCT X %JT PQTFKVCNKUEJG QFGT KNN[TKUEJG /ÒP\UV·VVG I -QRH T 4WPFUEJKNF $/% %QJ 4+%w C 2TÒHRWP\GP CWH FGO #XGTU GVYCU MQTTQFKGTV UGJT UEJÌP

Õ &GPCT X %JT PQTFKVCNKUEJG QFGT KNN[TKUEJG /ÒP\UV·VVG I -QRH T 4WPFUEJKNF $/% %QJ 4+%w C -N -TCV\GT WPF )TCHHKVQ CWH FGO #XGTU 2TÒHRWP\G CWH FGO 4GXGTU HCUV UGJT UEJÌP

<W &CVKGTWPI WPF /ÒP\UV·VVG UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I 8GPWUMQRH T -CKUGT IGJV N OKV <GRVGT $/% %QJ 4+%w 5GJT UEJÌP

<WT &CVKGTWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

8579

8578

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 2CZ UVGJV N OKV 1NKXGP\YGKI WPF (ÒNNJQTP $/% ÌUVNKEJG /ÒP\UV·VVG %QJ 4+%w 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T <WT &CVKGTWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I $ÒUVG FGT 2CZ T FCJKPVGT (ÒNNJQTP FCXQT <YGKI #WIWUVWU IGJV T OKV 5RGGT WPF GTJQDGPGT 4GEJVGP $/% %QJ 4+%w -N -TCV\GT CWH FGO #XGTU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T <WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

8580

1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T /GTEWT UKV\V T CWH (GNUGP OKV 2GVCUWU WPF .[TC $/% %QJ 4+%w 4 (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ <W &CVKGTWPI WPF 4GXGTUFCTUVGNNWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QP FQP 0T

160

8582

8581

8583

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T /GTEWT UKV\V T CWH (GNUGP OKV 2GVCUWU WPF .[TC $/% %QJ 4+%w 4 -N 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KEVQTKC UVGJV N CWH )NQDWU OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+%w C 2TÒHRWP\G UGJT UEJÌP

<WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH N 8KEVQTKC UVGJV T CWH )NQDWU OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+%w 5GJT UEJÌP

&CVKGTWPI PCEJ &CXKF 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 5

8584

8585

1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG FGT 8KEVQTKC T #WIWUVWU CNU 0GRVWP UVGJV N OKV #RJNCUVQP WPF <GRVGT (W CWH )NQDWU $/% %QJ 4+%w 4 (GKP IGVÌPVGU XQT\ÒINKEJGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T <WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T &KG &CTUVGNNWPIGP CWH #XGTU WPF 4GXGTU XGTYGKUGP CWH FGP 5GGUKGI DGK #EVKWO

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG FGT 8KEVQTKC T #WIWUVWU CNU 0GRVWP UVGJV N OKV #RJNCUVQP WPF <GRVGT (W CWH )NQDWU $/% %QJ 4+%w 4 2TÒHRWP\G CWH FGO 4GXGTU UGJT UEJÌP

8587

8586

1,5:1

1EVCXKCPWU WPF &KXWU ,WNKWU %CGUCT &WRQPFKWU X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH 1EVCXKCPU T -QRH %CGUCTU T OKV .QTDGGTMTCP\ $CD $/% %TCYH 42% 5GCT 5[F )TÒPG 2CVKPC OKP MQTTQFKGTV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

&WRQPFKWU X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH 1EVCXKCPU T -QRH %CGUCTU T OKV .QT DGGTMTCP\ $CD $/% %TCYH 42% 5GCT 5[F 5GJT UEJÌP

161

8588

8589

&WRQPFKWU WO X %JT .WIFWPWO I -QRH %CGUCTU N OKV -TCP\ WPF -QRH 1EVCXKCPU T FC\YKUEJGP 2CNO\YGKI 2TQTC T FCÒDGT 5VGTP CWH )NQDWU 42% 5GCT $TCWPG 2CVKPC IWVGU UGJT UEJÌP

&WRQPFKWU WO X %JT 8KGPPC I -QRH %CGUCTU N WPF -QRH 1EVCXKCPU T 2TQTC T 42% 5GCT #O 4CPF GVYCU MQTTQFKGTV FWPMGNITÒPG 2CVKPC UGJT UEJÌP

/ª0<'0 &'4 4¤/+5%*'0 -#+5'4<'+6

8590

8591

#WIWUVWU X P %JT 4GKEJURT·IWPIGP XGTUEJKGFGPGT /ÒP\UV·VVGP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I 8KEVQTKC OKV -TCP\ WPF <YGKI CWH 2TQTC T -CKUGT KP 3WCFTKIC T OKV <YGKI $/% %QJ 4+%w 4 5GJT UEJÌP <WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T &KG 8QTFGTUGKVG DG\KGJV UKEJ CWH FGP 5KGI DGK #EVKWO FGT 4GXGTU CWH UKGITGKEJGP 'KP\WI KP #NGZCPFTKC

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I 8KEVQTKC OKV -TCP\ WPF <YGKI CWH 2TQTC T -CKUGT KP 3WCFTKIC T OKV <YGKI $/% %QJ 4+%w 4 5GJT UEJÌP

8592

8592 1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 6TQRJ·G CWH 2TQTC $/% %QJ 4+%w C (GKPG 6ÌPWPI UGJT UEJÌP

<WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

8593

8594

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T (TQPVCNCPUKEJV FGT %WTKC ,WNKC $/% %QJ 4+%w -N 2TÒHRWP\GP CWH #XGTU WPF 4GXGTU HCUV UGJT UEJÌP

<WT &CVKGTWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T &KG %WTKC *QUVKNKC YCT X %JT CDIGDTCPPV CNU FKG .GKEJG FGU 2 %NQFKWU 2WNEJGT XGTDTCPPV YWTFG %CGUCT HKPCP\KGTVG FKG PGWG %WTKC ,WNKC FKG X %JT FWTEJ #WIWUVWU GKPIGYGKJV YWTFG

162

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T (TQPVCNCPUKEJV FGT %WTKC ,WNKC $/% %QJ 4+%w -N 2TÒHRWP\GP CWH #XGTU WPF 4GXGTU GVYCU IGFTÒEMV UGJT UEJÌP

8595

8596

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 6GTOKPWUUVCVWG CWH $NKV\ $/%

ÌUVNKEJG /ÒP\UV·VVG %QJ 4+%w C 2TÒHRWP\GP UGJT UEJÌP

&KG 4ÒEMUGKVG FGU 5VÒEMGU DG\KGJV UKEJ NCWV -TCHV <WT /ÒP\RT·IWPI FGU #WIWUVWU 5 CWH FGP 5KGI ÒDGT /CTEWU #PVQPKWU WPF -NGQRCVTC 5Q YKG FGT )QVV 6GTOKPWU DGKO $CW FGU ECRKVQNKPKUEJGP ,WRKVGTVGORGNU PKEJV \WTÒEMIGYKEJGP KUV UQ FC UGKP *GKNKIVWO KP FGP 6GORGN ,WRKVGTU KPVGITKGTV YGTFGP OWVG UQ KUV CWEJ 1EVCXKCPWU PKEJV \WTÒEMIGYK EJGP WPF JCV KO )GIGPUCV\ \W /CTEWU #PVQPKWU MGKP TÌOKUEJGU 6GTTKVQTKWO CWHIGIGDGP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 5VCPFDKNF CWH 4QUVTCNU·WNG $/% %QJ 4+%w 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

<WT &CVKGTWPI UKGJG 5GCT 6JG %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T +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 $G XÌNMGTWPI FCOCNU FGP -QRH CNU FGP FGU #WIWUVWU CPIGUGJGP JCDGP

8597

8598

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 5VCPFDKNF CWH 4QUVTCNU·WNG $/% %QJ 4+%w 'VYCU MQTTQFKGTV MN -TCV\GT UGJT UEJÌP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ 5VCPFDKNF CWH 4QUVTCNU·WNG $/% %QJ 4+%w (CUV UGJT UEJÌP

8600

8599

1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I #RQNNQMQRH T OKV .QTDGGTMTCP\ -CKUGT KP 1EJUGPDKIC T OKV 2GKVUEJG $/% %QJ 4+%w 4 (GKPG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

<WT &CVKGTWPI UKGJG 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 0T

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I #RQNNQMQRH T OKV .QTDGGTMTCP\ -CKUGT KP 1EJUGPDKIC T OKV 2GKVUEJG $/% %QJ 4+%w 4 (CUV UGJT UEJÌP

8601

8602

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I /CTUMQRH T OKV *GNO 5EJKNF XQT IGMTGW\VGO 5EJYGTV WPF 5RGGT $/% %QJ 4+%w 4 4GXGTU NGKEJV FG\GPVTKGTV HGKPGT 5VKN IWVGU UGJT UEJÌP

&CVKGTWPI PCEJ &CXKF 5GCT 6JG *KUVQT[ CPF %QKPCIG QH VJG 4QOCP +ORGTCVQTU $% .QPFQP 5

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I /CTUMQRH T OKV *GNO 5EJKNF XQT IGMTGW\VGO 5EJYGTV WPF 5RGGT $/% %QJ 4+%w 4 5GJT UEJÌP

163

8604

8603

1,5:1

Õ 3WKPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO \YGKI CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $/% %QJ 4+%w -N -TCV\GT UGJT UEJÌP

Õ 3WKPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO \YGKI CWH %KUVC O[UVKEC \YKUEJGP \YGK 5EJNCPIGP $/% %QJ 4+%w -N 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

8606

8605 1,5:1

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T FCJKPVGT .KVWWU #');261 %#26# -TQMQFKN T $/% %QJ 4+%w C 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T &CU 5VÒEM HGKGTV FKG 'TQDGTWPI I[RVGPU <W FKGUGT <GKV ICD GU PQEJ -TQMQFKNG KO 0KN UKG MQOOGP JGWVG KP I[RVGP PKEJV OGJT XQT -TQMQFKNG OÒUUGP HÒT FKG 4ÌOGT CDGT UEJQP GKP UGNVGPGU -WTKQUWO IGYGUGP UGKP UQPUV Y·TG FCU $KNF PKEJV CWH FKG /ÒP\G IGUGV\V YQTFGP

Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH N FCJKPVGT .KVWWU #');261 %#26# -TQMQFKN T $/% %QJ 4+%w D 44 5WDCGTCV UGJT UEJÌP

8607

8608

Õ &GPCT PCEJ X %JT ÌUVNKEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ %CRTKEQTP OKV (ÒNNJQTP T J·NV )NQDWU $/% %QJ XGTIN 4+%w 4 'VYCU MQTTQFKGTV MN -TCV\GT UGJT UEJÌP

#WH FGO 4GXGTU KUV YKG 5WGVQP UEJTGKDV #WI FCU 5VGTP\GKEJGP %CRTKEQTP 5VGKPDQEM CDIGDKNFGV WPVGT FGO #WIWUVWU IGDQTGP YWTFG &KGUG #WUUCIG 5WGVQPU UVGJV KP GKPGO UEJGKPDCTGP 9KFGTURTWEJ \WO )GDWTVUVCI FGU #W IWUVWU WPVGT $GTÒEMUKEJVKIWPI FGU TGRWDNKMCPKUEJGP -CNGPFGTU WPF CPFGTGT (CMVQTGP FGT QFGT 5GRVGODGT X %JT FGPP FKG 5QPPG UVCPF GPVYGFGT YGPP OCP FGP (TÒJNKPIURWPMV KP )TCF 9KFFGT CPPKOOV KP FGT ,WPIHTCW QFGT CDGT KP FGT 9CCIG YGPP OCP PCEJ GKPGT EJCNF·KUEJGP /GVJQFG FGT $GTGEJPWPI FGU *QTQUMQRGU FGP (TÒJ NKPIURWPMV KP )TCF 9KFFGT CPPKOOV 5Q KUV XGTOWVGV YQTFGP FC 5WGVQP FCU 0CVKXKV·VU\GKEJGP FCU 5VGTP\GKEJGP FGT )GDWTV OKV FGO -QP\GRVKQPU\GKEJGP FGO 5VGTP\GKEJGP FGT <GWIWPI FGU #WIWUVWU XGTYGEJUGNV JCV \WNGV\V -C[ 'JNKPI 9GT YKTF LGV\V PQEJ CP 5EJKEMUCNUGTHQTUEJWPI WPF *QTQUMQR INCWDGP! 'RJTCKO F 5[TGT $GOGT MWPIGP \W ,WNKCPU 5VKGTOÒP\GP WPF FGO )GDWTVUFCVWO FGU -CKUGTU KP ,0) 5 'U YKTF CDGT DGK /CPKNKWU GDGPHCNNU FGT %CRTKEQTP CNU )GDWTVU\GKEJGP FGU #WIWUVWU DG\GKEJPGV #UVTQPQOKEC ++ /CPKNKWU PGPPV CWEJ FCU )GDWTVU\GKEJGP FGU 6KDGTKWU FKG 9CCIG #UVTQPQOKEC +8 $GK FGT )GDWTV FGU 6KDGTKWU CO 0QXGODGT X %JT UVCPF FKG 5QPPG CNNGTFKPIU KO 5MQTRKQP JKGT NKGIV FGTUGNDG UEJGKPDCTG 9KFGTURTWEJ YKG DGK #WIWUVWU XQT FGT CDGT MGKPGUHCNNU FCFWTEJ CWH\WNÌUGP KUV FC OCP FCU )GDWTVU\GKEJGP \W GKPGO -QP\GRVK QPU\GKEJGP WOFGWVGV GU UGK FGPP OCP IGJV XQP GKPGO OGFK\KPKUEJGP 9WPFGT CWU 6KDGTKWU OÒVG GKPGP /QPCV XQT UGKPGT )GDWTV IG\GWIV YQTFGP UGKP 'U IKDV GKPG CPFGTG .ÌUWPI (ÒT FCU 5VGTP\GKEJGP FGT )GDWTV KUV PKEJV FGT 5VCPF FGT 5QPPG UQPFGTP FGT FGU /QPFGU TGNGXCPV .GIV OCP FKGUG #WHHCUUWPI \WITWPFG UQ UVKOOV FKG #WUUCIG FGT 3WGN NGP \W FGP 0CVKXKV·VU\GKEJGP FGT -CKUGT UQYQJN DGK #WIWUVWU CNU CWEJ DGK 6KDGTKWU &GT 4GXGTU WPUGTGU 5VÒEMGU \GKIV CNUQ LGPGU 6KGTMTGKU\GKEJGP KP FGO DGKO <GKVRWPMV FGT )GDWTV FGU #WIWUVWU FGT /QPF UVCPF 5KGJG 5EJÒV\ &GT %CRTKEQTP CNU 5VGTP\GKEJGP FGU #WIWUVWU KP #PVKMG WPF #DGPFNCPF 5 WPF 6JQTOCPP -QP\GRVK QPU\GKEJGP CWH CPVKMGP /ÒP\GP! KP )0 $GTPJCTF 9GKUUGT UKGJV KP FGT &CTUVGNNWPI FGU %CRTKEQTP KP -NGKPCUKGP GKPGP $GNGI HÒT FKG WPVGTUEJKGFNKEJG #M\GPVWKG TWPI JGTTUEJGTNKEJGT 2TQRCICPFC FGU #WIWUVWU KO 1UVGP FGU TÌOKUEJGP 4GKEJGU \W $GIKPP UGKPGT #NNGKPJGTTUEJCHV +O )GIGPUCV\ \W 4QO FKGPVG FKG CUVTQNQIKUEJG 2TQRCICPFC KO 1UVGP XQP XQTP JGTGKP \WT 'VCDNKGTWPI FGU *GTTUEJGTMWNVGU HÒT #WIWUVWU 5KGJG 9GKUUGT $GTPJCTF &GT %CRTKEQTPWU FGU #WIWUVWU KP 2GTICOQP KP #UKPU W C *TUI :+++ %QP ITGUQ +PVGTPCEKQPCN FG 0WOKUO±VKEC /CFTKF 5 HH

164

Õ &GPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH T 4WPFUEJKNF FCTÒDGT 5RGGTURKV\G FCTWPVGT -TWOOUEJYGTV $/% %QJ XCT 4+%w C .GKEJV MQTTQFKGTV UGJT UEJÌP

8609

1,5:1

Õ &GPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH T 6TQRJ·G CWH 9CHHGP $/% %QJ 4+%w C 4 5GJT UEJÌPpXQT\ÒINKEJ

8610

8611

Õ &GPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH T 6TQRJ·G CWH 9CHHGP $/% #PO 4+%w 5GJT UEJÌP

Õ &GPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH T *GNO \YKUEJGP &QNEJ WPF &QR RGNCZV $/% %QJ 4+%w 5GJT UEJÌP

8612

8613

8614

8615

Õ 3WKPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH T 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQ RJ·G $/% %QJ 4+%w C 5GJT UEJÌP

Õ 3WKPCT X %JT 'OGTKVC 2 %CTKUKWU I -QRH N 8KEVQTKC UVGJV T WPF DGMT·P\V 6TQ RJ·G $/% %QJ 4+%w D 5EJTÌVNKPIUHGJNGT CWH FGO #XGTU UGJT UEJÌP

Õ &GPCT X %JT RGNQRQPPGUKUEJG /ÒP\UV·VVG I -QRH T 5GEJUU·WNKIGT 6GORGN $/% %QJ 4+%w <YGK MN 2TÒHOCTMGP WPF )TCHHKVQ CWH FGO #XGTU UGJT UEJÌP

&GT 6GORGN FÒTHVG FGP 6GORGN FGU <GWU KP 1N[ORKC FCTUVGNNGP FGO #WIWUVWU CWH UGKPGT 4GKUG KP FGP 1UVGP UKEJGT UGKPG 4GHGTGP\ GTYKGUGP JCV

1,5:1

8616

1,5:1

Õ &GPCT X %JT RGNQRQPPGUKUEJG /ÒP\UV·VVG I -QRH T %QTQPC TQUVTCVC $/% %QJ 4+%w 8QP ITQGT 5GNVGPJGKV #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG 4GXGTUFCTUVGNNWPI 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

8617

8618

Õ 3WKPCT WO X %JT RGNQRQPPGUKUEJG /ÒP\UV·VVG I -QRH T 8KEVQTKC UVGJV N CWH 2TQTC OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+%w 4 5GJT UEJÌP

Õ 3WKPCT WO X %JT RGNQRQPPGUKUEJG /ÒP\UV·VVG I -QRH T 8KEVQTKC UVGJV N CWH 2TQTC OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+%w 4 5EJÌP

165

8620

8619

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T OKV .QTDGGTMTCP\ <YGK .QTDGGTD·WOG $/% %QJ 4+%w .GKEJV MQTTQFKGTV UGJT UEJÌP

<W FGP .QTDGGTD·WOGP JGKV GU KP FGP TGU IGUVCG (ÒT FKGUGU OGKP 8GTFKGPUV YWTFG KEJ FWTEJ 5GPCVUDGUEJNW #W IWUVWU IGPCPPV CP OGKPGP 6ÒTRHQUVGP YWTFGP XQP 5VCCVU YGIGP \YGK .QTDGGTD·WOG CPIGDTCEJV

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T OKV .QTDGGTMTCP\ #NVCT FCTCWH (146 4'& %#'5 #8) 5 2 3 4 $/% %QJ 4+%w C 4 'VYCU MQTTQFKGTV HCUV UGJT UEJÌP

&KG 4ÒEMUGKVG DKNFGV FGP CWH #PQTFPWPI FGU 5GPCVGU CPN·NKEJ FGT 4ÒEMMGJT FGU #WIWUVWU CWU 5[TKGP KO ,CJT X %JT GTTKEJVGVGP #NVCT FGT (QTVWPC 4GFWZ CD <W FKGUGO #NVCT JGKV GU KP FGP 4GU IGUVCG &GP #NVCT FGT (QTVWPC 4GFWZ XQT FGO 6GORGN FGT *QPQU WPF FGT 8KTVWU DGK FGT 2QTVC %CRGPC JCV FGT 5GPCV HÒT OGKPG 4ÒEMMGJT IGUVKHVGV &QTV UQNNGP CWH UGKP )GJGK FKG 1DGTRTKGUVGT WPF FKG 8GUVCNKPPGP L·JTNKEJ CP FGO 6CI GKP 1RHGT FCTDTKPIGP CP FGO KEJ WPVGT FGO -QPUWNCV FGU 3WKPVWU .WETGVKWU WPF FGU /CTEWU 8KPKEKWU CWU 5[TKGP PCEJ 4QO \WTÒEMIGMGJTV YCT 7PF FKG (GKGTP FKGUGU 6CIGU PCPPVG OCP PCEJ OGKPGO %QIPQOGP #WIWUVCNKC

8621

8622

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T +P -TCP\ +18+ 816 585% 241 5#. %#'5 #8) 5 2 3 4 $/% %QJ 4+%w 'VYCU MQTTQFKGTV UGJT UEJÌP

&KG 5EJTKHV CWH FGO 4GXGTU DGFGWVGV 5GPCV WPF 8QNM XQP 4QO JCDGP FGO ,WRKVGT )GNÒDFG CDIGNGIV HÒT FCU *GKN FGU %CGUCT #WIWUVWU

Õ &GPCT X %JT %QNQPKC 2CVTKEKC ! I -QRH N 5GEJUU·WNKIGT 6GORGN FGU ,WRKVGT 6QPCPU X X FCTKP UVGJV ,WRKVGT N OKV $NKV\ WPF <GRVGT $/% #PO %QJ 4+%w 44 -N 1DGTHN·EJGPCDURNKVVGTWPIGP MN 5EJTÌVNKPIUTK UGJT UEJÌP

#WIWUVWU JCVVG X %JT FGP $CW FGU 6GORGNU IGNQDV CO 5GRVGODGT X %JT YWTFG FCU *GKNKIVWO IGYGKJV

8623

8624

1,5:1

Õ &GPCT X %JT %QNQPKC 2CVTKEKC ! I -QRH T 1$ %+8+5 5'48#615 KP -TCP\ EQTQPC EKXKEC $/% %QJ 4+%w C #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

&KG EQTQPC EKXKEC HÒT FKG 'TTGVVWPI XQP $ÒTIGTP YWTFG #WIWUVWU KO ,CJT FWTEJ 5GPCVUDGUEJNW \WGTMCPPV TGU IGUVCG 8+ 'U JCPFGNV UKEJ IGYKUUGTOCGP WO FGP JÌEJUVGP 1TFGP 4QOU

Õ &GPCT X %JT %QNQPKC 2CVTKEKC ! I -QRH T 1$ %+8+5 5'48#615 KP -TCP\ EQTQPC EKXKEC $/% %QJ 4+%w C 7PTGIGNO·KIGT 5EJTÌVNKPI UGJT UEJÌP

8625

8626

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH N 5EJKNF OKV 5234 %.8 ENKRGWU XKTVWVKU KP 'KEJGPMTCP\ $/% %QJ 4+%w D )WVGU UGJT UEJÌP

<WO ENKRGWU XKTVWVKU JGKV GU KP FGP TGU IGUVCG FKXK #WIWUVK 'KP IQNFGPGT 5EJKNF YWTFG KP FGT %WTKC ,WNKC CWHIGUVGNNV FGP OKT FGT 5GPCV WPF FCU TÌOKUEJG 8QNM IGYGKJV JCDGP YGIGP OGKPGT 6CRHGTMGKV WPF /KNFG OGKPGT )GTGEJVKIMGKV WPF *KPICDG YKG GU FKG #WHUEJTKHV CWH FKGUGO 5EJKNF DG\GWIV

166

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T /CTU UVGJV N OKV .GIKQPUCFNGT WPF 5VCPFCTVG $/% XCT %QJ 4+%w C XCT )WVGU UGJT UEJÌP UGJT UEJÌP

8627

8628

Õ &GPCT X %JT %QNQPKC 2CVTKEKC ! I -QRH N 5EJKNF OKV %. 8 \YKUEJGP .GIKQPUCFNGT WPF (GNF\GKEJGP $/% %QJ 4+%w D -N -TCV\GT UGJT UEJÌP

'ZGORNCT FGT #WMVKQP -TG /ÒPEJGP 0T +O ,CJTG X %JT YWTFG #WIWUVWU FGT ENKRGWU XKTVWVKU FGT CWH FGT /ÒP\G FCTIGUVGNNV KUV WPF CWEJ KP FGP TGU IGUVCG GTY·JPV YKTF 8+ XGTNKGJGP X %JT YWTFGP FKG (GNF\GKEJGP FKG %TCUUWU DGK UGKPGT 0KGFGTNCIG DGK %CTTJCG X %JT XGTNQTGP JCVVG XQP FGP 2CTVJGTP \WTÒEMIGIGDGP $GKFG 'TGKIPKUUG YGTFGP CWH FGT /ÒP\G IGHGKGTV

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH N 5EJKNF OKV %. 8 \YKUEJGP .GIKQPUCFNGT WPF (GNF\GKEJGP $/% %QJ 4+%w D /KP MQTTQFKGTV UGJT UEJÌP

8629

8629 1,5:1

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC %CGUCTCWIWUVC! I -QRH T OKV .QTDGGTMTCP\ 5EJKNF \YKUEJGP \YGK .QTDGGTD·WOGP $/% %QJ 4+%w C 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T &GT 4GXGTU \GKIV FGP ENKRGWU XKTVWVKU \YKUEJGP \YGK .QTDGGTD·WOGP <WO ENKRGWU XKTVWVKU JGKV GU KP FGP TGU IGUVCG FKXK #WIWUVK 'KP IQNFGPGT 5EJKNF YWTFG KP FGT %WTKC ,WNKC CWHIGUVGNNV FGP OKT FGT 5GPCV WPF FCU TÌOKUEJG 8QNM IGYGKJV JCDGP YGIGP OGKPGT 6CRHGTMGKV WPF /KNFG OGKPGT )GTGEJVKIMGKV WPF *KPICDG YKG GU FKG #WHUEJTKHV CWH FKGUGO 5EJKNF DG\GWIV <W FGP .QTDGGTD·WOGP JGKV GU (ÒT FKGUGU OGKP 8GTFKGPUV YWTFG KEJ FWTEJ 5GPCVUDGUEJNW #WIWUVWU IG PCPPV CP OGKPGP 6ÒTRHQUVGP YWTFGP XQP 5VCCVU YGIGP \YGK .QTDGGTD·WOG CPIGDTCEJV

8630

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC %CGUCTCWIWUVC! I -QRH N OKV 'KEJGPMTCP\ -QOGV $/% %QJ 4+%w D 4 5GJT UEJÌP

&GT -QOGV KUV FGT UKFWU ,WNKWU ªDGT FKGUGP -QOGVGP UEJTGKDV 2NKPKWU PCV ++ 0WT CP GKPGO GKP\KIGP 1TV FGT 'TFG P·ONKEJ KP 4QO YKTF GKP -QOGV KP GKPGO 6GORGN XGTGJTV YGKN KJP FGT &KXWU #WIWUVWU CNU UGJT IÒPUVKIGU <GK EJGP HÒT UKEJ GTMN·TVG 'T VTCV P·ONKEJ \W $GIKPP UGKPGT 4GIKGTWPI KP 'TUEJGKPWPI Y·JTGPF FGT 5RKGNG FKG GT \W 'J TGP FGT 8GPWU )GPGVTKZ MWT\ PCEJ FGO 6QFG UGKPGU 8CVGTU %CGUCT KP FGO PQEJ XQP FKGUGO GKPIGUGV\VGP -QNNGIKWO CDJKGNV /KV HQNIGPFGP 9QTVGP ·WGTVG GT FCTÒDGT UGKPG (TGWFG )GTCFG CP FGP 6CIGP OGKPGT 5RKGNG YWTFG GKP *CCT UVGTP UKGDGP 6CIG NCPI CO PÌTFNKEJGP 6GKN FGU *KOOGNU GTDNKEMV GT IKPI WO FKG GNHVG 6CIGUUVWPFG CWH YCT UGJT NGWEJVGPF WPF KP CNNGP .·PFGTP UKEJVDCT &CU 8QNM INCWDVG FWTEJ FKGUGP 5VGTP YGTFG FKG #WHPCJOG FGT 5GGNG %CGUCTU WPVGT FKG WPUVGTDNKEJGP )ÌVVGT CPIG\GKIV WO FGUUGPVYKNNGP YWTFG FKGUGU 5VGTP\GKEJGP CO #DDKNF UGKPGU -QRHGU CPIG DTCEJV FCU UR·VGT CWH FGO (QTWO IGYGKJV YWTFG 5Q URTCEJ GT UKEJ ÌHHGPVNKEJ CWU KP UGKPGO +PPGTP CDGT YCT GT OKV (TGWFG ÒDGT\GWIV FC FGT 5VGTP HÒT KJP CWHIGICPIGP UGK WPF FC GT OKV KJO CWHIGJG WPF \YCT YGPP YKT FKG 9CJTJGKV UCIGP YQNNGP \WO *GKNG FGT 9GNV

8631

8632

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC %CGUCTCWIWUVC! I -QRH N 5 2 3 4 %. 8 CWH 4WPFUEJKNF $/% %QJ 4+%w D .GKEJV MQTTQFKGTV UGJT UEJÌP

+O ,CJTG X %JT YWTFG #WIWUVWU FGT ENKRGWU XKTVWVKU FGT CWH FGT /ÒP\G FCTIGUVGNNV KUV WPF CWEJ KP FGP TGU IGUVCG GTY·JPV YKTF 8+ XGTNKGJGP +P FGP TGU IGUVCG JGKV GU 'KP IQNFGPGT 5EJKNF YWTFG KP FGT %WTKC ,WNKC CWHIG UVGNNV FGP OKT FGT 5GPCV WPF FCU TÌOKUEJG 8QNM IGYGKJV JCDGP YGIGP OGKPGT 6CRHGTMGKV WPF /KNFG OGKPGT )GTGEJ VKIMGKV WPF *KPICDG YKG GU FKG #WHUEJTKHV CWH FKGUGO 5EJKNF DG\GWIV

Õ &GPCT X %JT %QNQPKC %CGTUCTCWIWUVC ! I -QRH N 5 2 3 4 5EJKNF OKV %. 8 $/% %QJ 4+%w D 4 (GKPG 2CVKPC MN -TCV\GT UGJT UEJÌP

167

1,5:1

8633

1,5:1

Õ &GPCT X %JT 2GTICOQP I -QRH T #4/'0+# %#26# 6KCTC -ÌEJGT WPF $Q IGPVCUEJG OKV $QIGP $/% %QJ 4+%w 44 5GJT UEJÌP

X %JT UCPFVGP FKG #TOGPKGT $QVGP \W #WIWUVWU WO KJO OKV\WVGKNGP UKG YÒPUEJVGP PKEJV N·PIGT #TVCZKCU ++ CNU KJTGP -ÌPKI UQPFGTP UGKPGP $TWFGT 6KITCPGU FGT UKEJ KP TÌOKUEJGO )GYCJTUCO DGHCPF #WIWUVWU GTHÒNNVG FGP 9WPUEJ

1,5:1

8634

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I 6QIC RKEVC ÒDGT VWPKEC RCNOCVC \YKUEJGP #FNGT WPF -TCP\ 3WCFTKIC T $/% %QJ 4+%w 4 5GJT UEJÌP

8636

8635

1,5:1

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T OKV .QT DGGTMTCP\ 5GEJUU·WNKIGT 6GORGN FGU /CTU 7NVQT FCTKP .GIKQPUCFNGT $/% %QJ 4+%w C 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T OKV .QT DGGTMTCP\ 8KGTU·WNKIGT 6GORGN FCTKP 6TKWORJCNYCIGP OKV .GIKQPUCFNGT WPF XKGT /KPKCVWTRHGTFG $/% %QJ 4+%w 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

8638

8637 1,5:1

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T 6TKWORJDQIGP FCTCWH -CKUGT KP 3WCFTKIC X X HNCPMKGTV XQP \YGK (KIWTGP OKV 5VCPFCTVG D\Y .GIK QPUCFNGT WPF $QIGP $/% %QJ 4+%w C 4 (GKPG 2CVKPC OKP -QTTQUKQP UGJT UEJÌP

&CU 5VÒEM HGKGTV FKG 4ÒEMIGYKPPWPI FGT XQP %TCUUWU CP FKG 2CTVJGT XGTNQTGPGP (GNF\GKEJGP KO ,CJTG X %JT &KGU YCT CWEJ FGT #PNC HÒT FKG 'TTKEJVWPI FGU CWH FGO 4GXGTU FCTIGUVGNNVGP FTGKVQTKIGP 6TKWORJDQIGPU FGUUGP (WPFC OGPVG UÒFNKEJ FGU %CGUCTVGORGNU CWH FGO (QTWO 4QOCPWO GPVFGEMV YWTFGP

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH N #W IWUVWU XQP 8KEVQTKC DGMT·P\V KP 2HGTFGSWCFTKIC T CWH TQUVTGPIGUEJOÒEMVGO &QRRGNDQIGP CWH 8KCFWMV $/% %QJ 4+%w 44 2TÒHRWP\G CWH FGO #XGTU MPCRRGT 5EJTÌVNKPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT &GT XQP FGT 8KEVQTKC DGMT·P\VG -CKUGT KP GKPGT 3WCFTKIC CWH FGO 4GXGTU XGTYGKUV CWH FKG 5KGIJCHVKIMGKV FGU #WIWUVWU MQPMTGV KUV FKG &CTUVGNNWPI OÌINKEJGTYGKUG CWH FKG 4ÒEMICDG FGT KP FGP 2CTVJGTMTKGIGP XGTNQTGPGP (GNF\GKEJGP DG \QIGP &KG CWH FKG 5VTCGPGTPGWGTWPI DG\QIGPG 7OUEJTKHV CWH FGO 4GXGTU 381& 8+#' /80 5706 UVGJV XGT OWVNKEJ KO <WUCOOGPJCPI OKV FGT 'KPTKEJVWPI FGT EWTC XKCTWO FWTEJ #WIWUVWU 6QTDQIGP WPF 8KCFWMV U[ODQNKUKG TGP GKPG 5VTCG MÌPPGP CDGT MGKPGO MQPMTGVGP /QPWOGPV \WIGYKGUGP YGTFGP 5KGJG 9KGIGNU 3WQF XKCG OWPKVCG UWPV *KUVQTKUEJG #POGTMWPIGP \W GKPGO #WTGWU CWU -CNMTKGUG KP 9KGIGNU 4 *TUI &KG (WPFOÒP\GP XQP -CN MTKGUG WPF FKG HTÒJMCKUGT\GKVNKEJG /ÒP\RT·IWPI /ÌJPGUGG 5

168

8639

8640

Õ &GPCT X %JT WPDGUVKOOVG URCPKUEJG /ÒP\UV·VVG %QNQPKC 2CVTKEKC! I -QRH T /CTU UVGJV N OKV 8GZKNNWO WPF 2CTC\QPKWO $/% %QJ 4+%w C 4 -N 5EJTÌVNKPIUTKUUG MN )GIGPUVGORGN CWH FGO #XGTU \YGK MN 2TÒHRWP\GP CWH FGO 4GXGTU UGJT UEJÌP

&KG 4ÒEMUGKVGPWOUEJTKHV 816C 2WDNKEC 585%GRVC 241 5#.WVG '6 4'&KVW +QXK 1RVKOQ /CZKOQ 5#%TCVC DG\KGJV UKEJ CWH FKG 8QVC CO 8QTCDGPF FGT #DTGKUG FGU #WIWUVWU PCEJ )CNNKGP

Õ &GPCT X %JT 4QO I -QRH T #RGZ \YKUEJGP \YGK #PEKNKC $/% %QJ 4+%w 2TÒHRWP\GP CWH FGO #XGTU OKP MQTTQFKGTV 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 #PEKNKC

8641

1,5:1

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 %CGUCT 4+%w 44 -N 2TÒHRWP\GP WPF -TCV\GT CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T '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 5GRVGO DGT 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

8642

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 9KP\ 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

8643 1,5:1

1,5:1

8644

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 OÌINKEJGTYGKUG UWDCGTCV UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT .WIFWPWO I -QRH N 5VKGT UVÌV T $/% %QJ 4+%w D #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI UGJT UEJÌP

169

8645

8646

Õ &GPCT X %JT .WIFWPWO I -QRH N 5VKGT UVÌV T $/% %QJ 4+%w D 5GJT UEJÌP

Õ &GPCT X %JT .WIFWPWO I -QRH T #RQNNQ UVGJV N OKV 2NGEVTWO WPF .[TC $/% %QJ 4+%w C (CUV XQT\ÒINKEJ

#RQNNQ JCV #WIWUVWU KO ,CJT X %JT FGP 5KGI ÒDGT /CTEWU #PVQPKWU WPF %NGQRCVTC KP FGT 5EJNCEJV DGK #EVKWO IGUEJGPMV #P FKGUGU 'TGKIPKU GTKPPGTV FKG /ÒP\G

8648

8647 1,5:1

Õ &GPCT X %JT .WIFWPWO I -QRH T &KCPC UVGJV N -QRH T OKV 5RGGT WPF $QIGP \W KJTGP (ÒGP *WPF $/% %QJ 4+%w C 4 (GKPG 2CVKPC JGTXQTTCIGPFGU 2QTVT·V IWVGU UGJT UEJÌP UGJT UEJÌP

&KCPC KUV FKG 5EJNCEJVGPJGNHGTKP XQP 0CWNQEJQU X %JT UKGIVG /CTEWU #ITKRRC KP FGT 5GGUEJNCEJV XQP /[NCG XQT 0CWNQEJQU KP 5K\KNKGP ÒDGT 5GZVWU 2QORGKWU

Õ &GPCT X %JT .WIFWPWO I -QRH T &KCPC UVGJV N -QRH T OKV 5RGGT WPF $QIGP \W KJTGP (ÒGP *WPF $/% %QJ 4+%w C 4 #XGTU OKP FG\GPVTKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP 0#% 1 <ÒTKEJ 0T

8649

#U X %JT )GIGPUVGORGN P %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU QDGP TGEJVGEMKIGT )GIGPUVGORGN FGU 2WDNKWU 3WKPEVKNKWU 8CTWU 8#4 NKIKGTV $/% %QJ 4+%w )GIGPUVGORGN 5NI 2CPIGTN 5GJT UGNVGPGT )GIGPUVGORGN $TCWPG 2CVKPC UEJÌP )GIGPUVGORGN UGJT UEJÌP

2WDNKWU 3WKPEVKNKWU 8CTWU IKPI OKV FTGK .GIKQPGP KP FGT 5EJNCEJV CO 6GWVQDWTIGT 9CNF WPVGT 8CTWU MCPP UGKPG )G IGPUVGORGN PWT KP FGT <GKV \YKUEJGP WPF P %JT CWH FKG /ÒP\GP IGDTCEJV JCDGP CNU GT .GICV FGU #WIWUVWU KP )GTOCPKGP YCT )GIGPUVGORGN FGU 8CTWU CWH #TC .WIFWPGPUKU #UUGP UKPF CWEJ KP -CNMTKGUG DGK 1UPCDTÒEM FGO 1TV FGT 8CTWUUEJNCEJV IGHWPFGP YQTFGP UKGJG \ $ $GTIGT 5 (0T #O #WIWUV LGFGP ,CJTGU HGKGTVGP FKG EKXKVCVGU FGT FTGK )CNNKGP CP FGT #TC .WIFWPGPUKU GKP (GUV OKV FGO UKG KJTG 4GKEJUVTGWG DGUV·VKIVGP &GT #NVCT YCT KO ,CJTG X %JT XQP &TWUWU GTTKEJVGV YQTFGP

8650

8651

8650

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

3WCFTCPU X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N $/% %QJ 4+%w )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

170

8652

8653

1,5:1

3WCFTCPU X %JT .WIFWPWO I -QRH T 5VKGT UVÌV N $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

Õ &GPCT X %JT .WIFWPWO I -QRH T 5VKGT UVÌV N $/% %QJ 4+%w C -N 2TÒHRWP\G CWH FGO #XGTU YKP\ -TCV\GT XQT\ÒINKEJ

-QPTCF -TCHV <WT /ÒP\RT·IWPI FGU #WIWUVWU 5 HH UKGJV KP FGO N UVQGPFGP 5VKGT GKPG #PURKGNWPI CWH /CTU 7NVQT CNU FGP 5EJNCEJVGPJGNHGT XQP 2JKNKRRK

8654

8655

8656

Õ &GPCT X %JT .WIFWPWO I -QRH T &KCPC UVGJV N -QRH T OKV 5RGGT WPF $QIGP \W KJTGP (ÒGP *WPF $/% XCT %QJ 4+%w 4 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KCPC KUV FKG 5EJNCEJVGPJGNHGTKP XQP 0CWNQEJQU X %JT UKGIVG /CTEWU #ITKRRC KP FGT 5GGUEJNCEJV XQP /[NCG XQT 0CWNQEJQU KP 5K\KNKGP ÒDGT 5GZVWU 2QORGKWU

Õ &GPCT X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ &KCPC IGJV T OKV $QIGP WPF \KGJV GKPGP 2HGKN CWU KJTGO -ÌEJGT $/% %QJ 4+%w C 4 5GJT 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 (GKPG 2CVKPC 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

8657

8658

Õ &GPCT X %JT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ )CKWU %CGUCT TGKVGV T OKV 5EJYGTV WPF 5EJKNF FCJKPVGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %QJ 4+%w )WVGU UGJT UEJÌP

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

&GT XQTNKGIGPFG 6[R MCPP PCEJ PGWGTGT (QTUEJWPI GZCMVGT FCVKGTV YGTFGP CNU FKGU KO 4+% IGOCEJV YWTFG X P %JT &KG 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

171

8660 8659

8659

5GUVGT\ .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU $/% %QJ 4+%w C 4 $TCWPG 2CVKPC UGJT UEJÌP

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

#U .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU $/% %QJ 4+%w &C\W 5GOKU .WIFWPWO $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

8661

8662

/ÒP\OGKUVGTRT·IWPIGP FGT /ÒP\UV·VVG 4QO

Õ &GPCT X %JT 4QO 2 2GVTQPKWU 6WTRKNKCPWU I (GTQPKCDÒUVG T -PKGPFGT 2CTVJGT T RT·UGPVKGTV 5VCPFCTVG $/% %QJ 4+%w 2TÒHRWP\G CWH FGO #XGTU HCUV UGJT UEJÌP

&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 6C VGPDGTKEJV 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 4QO 2 2GVTQPKWU 6WTRKNKCPWU I -QRH T 5GEJUUVTCJNKIGT 5VGTP ÒDGT *CNDOQPF $/% %QJ 4+%w 4 -N 5EJTÌVNKPIUTK UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

8664

8663

Õ &GPCT QFGT ! X %JT 4QO . #SWKNNKWU (NQTWU I 5QNMQRH T OKV 5VTCJNGPMTQPG /QFKWU OKV FTGK JTGP KP 3WCFTKIC T $/% %QJ 4+%w 4 .GKEJV MQTTQFKGTV UGJT UEJÌP

&GT 4GXGTU DG\KGJV UKEJ XGTOWVNKEJ CWH GKPG 2TQ\GUUKQP \W 'JTGP FGT %GTGU #WIWUVWU JCV KO ,CJT X %JT FKG -QTPXGTVGKNWPIGP CWU GKIGPGT -CUUG HKPCP\KGTV XGTOWVNKEJ DG\KGJV UKEJ FGT 4GXGTU CWH FKGUG 6CV 9GPP GU UKEJ UQ XGTJ·NV KUV FCU 5VÒEM KPU ,CJT X %JT \W FCVKGTGP

Õ &GPCT X %JT 4QO . #SWKNNKWU (NQTWU I -QRH T -TKGIGT OKV 5EJKNF UVGJV N WPF GT JGDV 5KEKNKC $/% %QJ 4+%w 44 #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

8665

172

1,5:1

8665

Õ &GPCT WO X %JT 4QO / &WTOKWU I *QPQUMQRH T -CKUGT KP 'NGHCPVGPDKIC N OKV .QTDGGT\YGKI WPF <GRVGT $/% %QJ 4+%w KTTVÒONKEJG $GUEJTGKDWPI 44 2T·IGUEJY·EJG CO 4CPF UQPUV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

8667

8666 1,5:1

Õ &GPCT X %JT 4QO / &WTOKWU I *QPQUMQRH T /QFKWU OKV FTGK JTGP KP 3WCFTKIC T $/% %QJ 4+%w (GKPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT 4QO / &WTOKWU I *QPQUMQRH T /QFKWU OKV FTGK JTGP KP 3WCFTKIC T $/% %QJ 4+%w 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

8668

8669

Õ &GPCT X %JT 4QO / &WTOKWU I -QRH T 'DGT UVGJV T XQP GKPGO 5RGGT XGTYWPFGV $/% %QJ 4+%w 4 2TÒHRWP\GP CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

Õ &GPCT X %JT 4QO 3 4WUVKWU I $ÒUVGP FGT (QTVWPC 8KEVTKZ WPF FGT (QTVWPC (GNKZ T #NVCT FCTCWH (14 4' $/% %QJ 4+%w 4 5GJT UEJÌP

'KPG 2T·IWPI CWH FKG INÒEMNKEJG 4ÒEMMGJT FGU -CKUGTU CWU 5[TKGP

8670

8671

8672

5GUVGT\ X %JT 4QO 6 3WKPEVKWU %TKURKPWU 5WNRKEKCPWU I 1$ %+8+5 5'48#615 %Q TQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 6 38+0%6+85 %4+52+0 58.2+%+#0 +++ 8+4 ###(( WO 5% $/% %QJ 4+%w 8QP CNNGTITÌVGT 5GNVGPJGKV $TCWPG 2CVKPC UGJT UEJÌP

8QP FKGUGO /ÒP\OGKUVGT UKPF MCWO GKP &WV\GPF 5GUVGTVKK KP O·KIGT 'TJCNVWPI DGMCPPV XQP FGPGP LGFQEJ MGKP YGK VGTGU 'ZGORNCT FKGUG .GIGPFGPXCTKCPVG VT·IV

5GUVGT\ X %JT 4QO / 5CPSWKPKWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 &WPMNG 2CVKPC GVYCU MQTTQFKGTV UQPUV IWVGU UGJT UEJÌP

5GUVGT\ X %JT 4QO 2 .KEKPKWU 5VQNQ I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 &WPMNG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

173

8673

8674

8675

&WRQPFKWU X %JT 4QO 2 .KEKPKWU 5VQNQ I #8)85685 64+$80+% 216'56 KP 'K EJGPMTCP\ 5% $/% %QJ 4+%w 4 &WPMNG 2CVKPC UGJT UEJÌP

5GUVGT\ X %JT 4QO 6K 5GORTQPKWU )TCEEJWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT \YGKIGP 5% $/% %QJ 4+%w 4 *GNNDTCWPG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU UGJT UEJÌP

&WRQPFKWU X %JT 4QO 6K 5GORTQPKWU )TCEEJWU I #8)85685 64+$80+% 216'56 KP 'KEJGPMTCP\ 5% $/% %QJ 4+%w 4 )TÒPG 2CVKPC UGJT UEJÌP

8676

Õ &GPCT X %JT 4QO . /GUEKPKWU 4WHWU I -QRH T OKV .QTDGGTMTCP\ /CTU UVGJV N OKV 5RGGT WPF 2CTC\QPKWO CWH 2QFGUV $/% %QJ 4+%w -N 4CPFHGJNGT MN 2T·IGUEJY·EJGP JGTTNKEJGU 2QTVT·V HCUV XQT\ÒINKEJ

Õ &GPCT X %JT 4QO . /GUEKPKWU 4WHWU I -QRH T OKV .QTDGGTMTCP\ /CTU UVGJV N OKV 5RGGT WPF 2CTC\QPKWO CWH 2QFGUV $/% %QJ 4+%w -N 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

8678

8677

8679

Õ &GPCT X %JT 4QO . /GUEKPKWU 4WHWU I 5KGDGP <GKNGP 5EJTKHV KP 'KEJGPMTCP\ +QXK 1RVKOQ /CZKOQ UGPCVWU RQRWNWUSWG 4QOCPWU XQVC UWUEGRVC RTQ UCNWVG +ORGTCVQTKU %CGUCTKU SWQF RGT GWO TGURWDNKEC KP CORNKQTG CVSWG VTCPSWKNNKQTG UVCVW GUV (ÒPH <GKNGP 5EJTKHV CWH %KRRWU +ORGTCVQTK %CGUCTK #WIWUVQ EQOOWPK EQPUGPUW $/% %QJ 4+%w 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

&KG XQVC HÒT FKG )GUWPFJGKV FGU -CKUGTU YGTFGP CWEJ KP FGP 4GU IGUVCG &KXK #WIWUVK GTY·JPV UKG UQNNVGP CWH 5G PCVUDGUEJNW CNNG HÒPH ,CJTG CDIGNGIV YGTFGP 4GU IGUVCG

Õ &GPCT X %JT 4QO . 8KPKEKWU I 4GKVGTUVCVWG FGU #WIWUVWU CWH 2QFGUV KO *KPVGTITWPF 5VCFVVQT WPF 5VCFVOCWGT %KRRWU FCTCWH 52=34? +/2 %#' 381& 8 / 5': '# 2 3 +5 #& # &' $/% %QJ 4+%w 44 2T·IGUEJY·EJGP HCUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC &KG 5EJTKHV CWH FGO %KRRWU KUV YKG HQNIV CWH\WNÌUGP 5GPCVWU RQRWNWUSWG 4QOCPWU KORGTCVQTK %CGUCTK SWQF XKCG OW PKVCG UWPV GZ GC RGEWPKC SWCO KU CF CGTCTKWO FGVWNKV 5GPCV WPF 8QNM XQP 4QO FGO +ORGTCVQT %CGUCT YGKN FKG 9GIG DGHGUVKIV YQTFGP UKPF OKV FGO )GNF FCU GT FGO #GTCTKWO CPIGYKGUGP JCV 0CEJ FGO $ÒTIGTMTKGI YCT 9KGFGTJGTUVGNNWPI WPF #WUDCW FGU 9GIGPGV\GU GKP \GPVTCNGU #PNKGIGP FGU #WIWUVWU 7PUGT 5VÒEM DG\KGJV UKEJ GKPFGWVKI CWH 5VTCGPDCWOCPCJOGP KP +VCNKGP FC GU GKPG (KPCP\KGTWPI CWU FGO #GTCTKWO GTY·JPV FCU #GTCTKWO YCT CDGT HÒT FKG (KPCP\KGTWPI XQP 5VTCGP KP FGP 2TQXKP\GP PKEJV \WUV·PFKI #WIWUVWU JCV FCU #GTCTKWO XKGTOCNKI OKV KPUIGUCOV /KNNKQPGP 5GUVGT\GP WPVGTUVÒV\V GKPG FGT 'KP\CJNWPIGP GTHQNIVG YKG WPUGT UEJÌPGT &GPCT \GKIV QHHGPDCT KO ,CJTG X %JT KP <WUCOOGPJCPI OKV 5VTCGPDCWOCPCJOGP 5KGJG 4CKPGT 9KGIGNU 3WQF XKCG OWPKVCG UWPV *KUVQTKUEJG #POGTMWPIGP \W GKPGO #WTGWU CWU -CNMTKGUG KP 9KGIGNU 4 *TUI &KG (WPFOÒP\GP XQP -CNMTKGUG WPF FKG HTÒJMCKUGT\GKVNKEJG /ÒP\RT·IWPI /ÌJPGUGG 5

174

8680

8681

5GUVGT\ X %JT 4QO % #UKPKWU )CNNWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 )TÒPG 2CVKPC UGJT UEJÌP

&WRQPFKWU X %JT 4QO % #UKPKWU )CNNWU I &TGK <GKNGP 5EJTKHV KP -TCP\ 5% $/% %QJ 4+%w )TÒPDTCWPG 2CVKPC UGJT UEJÌP

8682

8683

5GUVGT\ X %JT 4QO % %CUUKWU %GNGT I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 5EJÌP UGJT UEJÌP

5GUVGT\ X %JT 4QO % )CNNKWU .WRGTEWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGK IGP 5% $/% %QJ 4+%w 4 $TCWPG 2CVKPC HCUV UGJT UEJÌP

8684 8685

8685

&WRQPFKWU X %JT 4QO % )CNNKWU .WRGTEWU I #8)85685 64+$80+% 216'56 KP 'KEJGPMTCP\ 5% $/% %QJ 4+%w 4 )TÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ X %JT 4QO %P 2KUQ I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 5GJT UEJÌP

8686

8687

5GUVGT\ X %JT 4QO . 0CGXKWU 5WTFKPWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGK IGP 5% $/% %QJ 4+%w 4 5EJÌP UGJT UEJÌP

5GUVGT\ X %JT 4QO % 2NQVKWU 4WHWU I %QTQPC EKXKEC \YKUEJGP \YGK .QTDGGT\YGKIGP 5% $/% %QJ 4+%w 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

175

8689

8688

1,5:1

5GUVGT\ X %JT 4QO % 2NQVKWU 4WHWU I -QRH T 5% $/% XGTIN #U %QJ 4+%w XGTIN #U #NU 5GUVGT\ UGJT UGNVGP $TCWPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT 5COONWPI /C\\KPK 2N ::+8 +O $/% WPF 4+% HKPFGV UKEJ FGT 6[R PWT CNU #U $CPVK WPF 5KOQPGVVK XGT\GKEJPGP FGP 6[R CWEJ CNU 5GUVGT\ 0T FQTV FKGU 'ZGORNCT CNU 0T CDIGDKNFGV FC DGK 5VÒEMGP YKG WPUGTGO )GYKEJV WPF )TÌG FGT 5EJTÌVNKPIG UQYKG FGT &WTEJOGUUGT FGT 5VGORGN PKEJV \W GKPGO #U RCUUGP

5GUVGT\ X %JT 4QO % 2NQVKWU 4WHWU I -QRH T 5% $/% XGTIN #U %QJ 4+%w XGTIN #U #NU 5GUVGT\ UGJT UGNVGP &WPMNG 2CVKPC UGJT UEJÌP

8690

8691

Õ &GPCT X %JT 4QO % /CTKWU I -QRH T FCJKPVGT .KVWWU 3WCFTKIC T FCTKP 2CNO \YGKI $/% %QJ 4+%w 2TÒHRWP\G CWH FGO #XGTU UVCTMG &TWEMUVGNNG UQPUV UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT X %JT 4QO % 5WNRKEKWU 2NCVQTKPWU I -QRH T #WIWUVWU WPF #ITKRRC UKV\GP X X N 5RGGT $/% %QJ 4+%w 44 #XGTU GVYCU FG\GPVTKGTV XQT\ÒINKEJ

8692

8693

8695

3WCFTCPU X %JT 4QO .COKC 5KNKWU #PPKWU I <YGK *·PFG JCNVGP %CFWEGWU 5% $/% %QJ 4+%w &WPMNG 2CVKPC 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌP

3WCFTCPU X %JT 4QO .COKC 5KNKWU #PPKWU I 5KORWNWO WPF .KVWWU 5% $/% %QJ 4+%w 4 5GJT UEJÌP

3WCFTCPU X %JT 4QO .COKC 5KNKWU #PPKWU I 5KORWNWO WPF .KVWWU 5% &C\W GKP \YGKVGU 'ZGORNCT $/% %QJ 4+%w 5VÒEM 4 5GJT UEJÌP

3WCFTCPU X %JT 4QO 2WNEJGT 6CWTWU 4GIWNWU I (ÒNNJQTP #NVCT $/% %QJ 4+%w 4 $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

176

8696

8696 1,5:1

&WRQPFKWU X %JT 4QO / /CGEKNKWU 6WNNWU I -QRH N OKV .QTDGGTMTCP\ CWH )NQDWU XQP 8KEVQTKC FKG GKP (ÒNNJQTP J·NV DGMT·P\V 5% $/% %QJ 4+%w 44 $TCWPG 2CVKPC NGKEJV MQTTQFKGTV HCUV XQT\ÒINKEJ &KGU 'ZGORNCT KUV KO %QTRWU XQP $CPVK 5KOQPGVVK CDIGDKNFGV

8699

8698

8697

3WCFTCPU X %JT 4QO #RTQPKWU )CNWU /GUUCNC WPF 5KUGPPC I #NVCT 5% $/% %QJ 4+%w KTTVÒONKEJG $GUEJTGKDWPI )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

3WCFTCPU X %JT 4QO #RTQPKWU )CNWU /GUUCNC WPF 5KUGPPC I #NVCT 5% $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

3WCFTCPU X %JT 4QO % 0CGXKWU %CRGNNC I 5% #NVCT $/% %QJ 4+%w 5GJT UEJÌP HCUV UGJT UEJÌP

8701

8700

8702

2TQXKP\KCNRT·IWPIGP #U %CTVJCIQ 0QXC *KURCPKC &WWOXKTK % 8CTKWU 4WHWU WPF 5GZVWU +WNKWU 2QNNKQ I -QRH T OKV .QTDGGTMTCP\ 2TKGUVGTIGT·VG 42% )TÒPG 2CVKPC UGJT UEJÌP

5GOKU %CTVJCIQ 0QXC *KURCPKC &WWOXKTK % 8CTKWU 4WHWU WPF 5GZVWU +WNKWU 2QNNKQ I -QRH T OKV .QTDGGTMTCP\ 2TKGUVGTIGT·VG 42% $TCWPG 2CVKPC UGJT UEJÌP

5GOKU PCEJ %CTVJCIQ 0QXC *KURCPKC &WWOXKTK % .CGVKVKWU #RCNWU WPF -ÌPKI 2VQNGOCKQU XQP /CWTGVCPKC I -QRH T &KCFGO FCTKP 4': 261. 42% $TCWPG 2CVKPC UGJT UEJÌP

2VQNGOCKQU XQP /CWTGVCPKGP YCT GKP 'PMGN FGU /CTEWU #PVQPKWU WPF FGT -NGQRCVTC 5GKPG /WVVGT -NGQRCVTC 5GNGPG YCT XQP #WIWUVWU OKV ,WDC ++ XGTJGKTCVGV YQTFGP 5GKV GVYC VT·IV GT FGP -ÌPKIUVKVGN 7PUGT 5VÒEM CWH FGO GT CNU &WWOXKT GTY·JPV YKTF HTGKNKEJ GKP 'JTGPVKVGN OW CNUQ FCPCEJ IGRT·IV YQTFGP UGKP ªDGT FCU VTCIKUEJG 'PFG FKGUG NGV\VGP 2VQNGO·GTU DGTKEJVGV 5WGVQP %CNKIWNC 2VQNGOCKQU JCVVG GT %CNKIWNC CWU UGKPGO 4GKEJ PCEJ 4QO JQNGP NCUUGP WPF KJP OKV CNNGP 'JTGP GORHCPIGP 2NÌV\NKEJ NKG GT KJP NGFKINKEJ FGUJCND WODTKPIGP YGKN GT DG OGTMV JCVVG FC FKGUGT QDYQJN GT FQEJ FGT 8GTCPUVCNVGT FGU 5RKGNGU YCT DGKO 'KPVTKVV KPU #ORJKVJGCVGT FWTEJ FGP )NCP\ UGKPGU RWTRWTHCTDGPGP /CPVGNU FKG #WIGP CNNGT CWH UKEJ IG\QIGP JCVVG

177

8705

8703

8704

#U %QNQPKC %GNUC *KURCPKC &WWOXKTK . 5WTC WPF . $WEEQ I -QRH T 5VKGT UVGJV T 42% $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

#U PCEJ X %JT /WPKEKRKWO %CNCIWTTKU +WNKC *KURCPKC &WWOXKTK . $CGDKWU 2TKUEWU WPF % )TCPKWU $TQEEJWU I -QRH T OKV .QTDGGTMTCP\ 5VKGT UVGJV T 42% $TCWPG 2CVKPC UGJT UEJÌP

U 2JKNKRRK /CEGFQPKC I 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI &TGK (GNF\GKEJGP 42% &WPMNG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

&CU 5VÒEM KUV OÌINKEJGTYGKUG GTUV WPVGT %NCWFKWU QFGT 0GTQ IGRT·IV YQTFGP UKGJG 42% 5

8706

2:1

Õ %KUVQRJQT PCEJ X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T 5RJKPZ OKV CWUIGDTGKVG VGP 5EJYKPIGP UKV\V T 42% 2T·IGUEJY·EJG CWH FGO #XGTU XQT\ÒINKEJ UVGORGNHTKUEJGU 2TCEJVGZGORNCT 'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T &GT 4GXGTU \GKIV XGTOWVNKEJ LGPG 5RJKPZ FKG CWEJ FCU GTUVG 5KGIGN FGU #WIWUVWU \KGTVG 5WGVQP #WI 9GPP GT )GNGKVUEJTGKDGP ÌHHGPVNKEJG $GMCPPVOCEJWPIGP WPF $TKGHG UKGIGNVG DGPWV\VG GT CPHCPIU FC\W GKP 5KGIGN OKV GKPGT 5RJKPZ

8707

8708

Õ %KUVQRJQT PCEJ X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH N FCXQT .KVWWU $ÒPFGN XQP UGEJU JTGP 42% 4 5EJÌP

U WO X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T %# KP GKPGO OKV 4QUVTGP IG UEJOÒEMVGP -TCP\ 42% $TCWPG 2CVKPC HCUV UGJT UEJÌP UGJT UEJÌP

178

8710

8709

U WO X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T #8)85685 KP .QTDGGTMTCP\ 42% &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT XQP HGKPGO 5VKN

U WO X %JT MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T #8)85685 KP .QTDGGTMTCP\ 42% $TCWPG 2CVKPC UGJT UEJÌP

8711

8712

5GUVGT\ X %JT 2GTICOWO /[UKC I -QRH T %# KP 2GTN WPF .QTDGGTMTCP\ 42% 4 $TCWPG 2CVKPC #XGTU NGKEJV MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

U WO X %JT 2GTICOWO /[UKC I -QRH T %# KP .QTDGGTMTCP\ $/% %QJ 4+%w 42% XGTIN 4 (GNFGT IGIN·VVGV UGJT UEJÌP

8713

Õ %KUVQRJQT X %JT 2GTICOQP /[UKC I -QRH T 6TKWORJDQIGP FCTCWH 3WCFTKIC KO $QIGP 5 2 4 5+)0+5 4'%'26+5 42% /KP FG\GPVTKGTV UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T &CU 5VÒEM HGKGTV FKG 4ÒEMICDG FGT X %JT FWTEJ %TCUUWU WPF X %JT XQP /CTEWU #PVQPKWU CP FKG 2CTVJGT XGTNQ TGPGP (GNF\GKEJGP

8714

8715

8716

Õ %KUVQRJQT X %JT 2GTICOQP /[UKC I -QRH T 6TKWORJDQIGP FCTCWH 3WCFTKIC 42% /KP MQTTQFKGTV HCUV UGJT UEJÌP

Õ %KUVQRJQT X %JT 2GTICOQP /[UKC I -QRH T 5GEJUU·WNKIGT 6GORGN 42% -N -TCV\GT CWH FGO 4GXGTU HGKPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T

Õ %KUVQRJQT X %JT 2GTICOQP /[UKC I -QRH T 5GEJUU·WNKIGT 6GORGN 42% (GKPG 2CVKPC UGJT UEJÌP

179

8717

8718

Õ %KUVQRJQT X %JT 2GTICOQP /[UKC I -QRH T 5GEJUU·WNKIGT 6GORGN 42% (GKPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CWH FGT 8QTFGTUGKVG UGJT UEJÌP

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% 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

8719

8720

8721

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T +O .QTDGGTMTCP\ %CRTKEQTP T OKV (ÒNNJQTP 42% -N -TCV\GT UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

<WO %CRTKEQTP UKGJG FKG #POGTMWPI \W 0T

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

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T )GUEJOÒEMVGT #NVCT 42% 5GJT UEJÌP

8722

8724

8723

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T )GUEJOÒEMVGT #NVCT 42% 5GJT UEJÌP

Õ %KUVQRJQT X %JT 'RJGUWU +QPKC I -QRH T 4WPFVGORGN FGU /CTU 7NVQT FCTKP 5VCPFCTVG 42% 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

180

Õ &TCEJOG X %JT /CUKM[VGU .[EKC I -QRH T <YGK .[TGP FCTÒDGT 2NGMVTQP 42% 6TQZGNN -N 5EJTÌVNKPIUTK IWVGU UGJT UEJÌP

8725 8727

8726

U :CPVJQU -TCIQU .[EKC I &TCRKGTVG $ÒUVG FGT #TVGOKU T ÒDGT FGT 5EJWNVGT -ÌEJGT -Ì EJGT 42% 6TQZGNN 44 &WPMNG 2CVKPC DTGKVGU UGJT UEJÌPGU 'ZGORNCT

U ,CJT WO 1NDC %KNKEKC #LCZ #TEJJKGTGWU WPF 6QRCTEJ I -QRH T OKV .QTDGGT MTCP\ $NKV\ 42% &WPMGNDTCWPG 2CVKPC IWVGU UGJT UEJÌP

U ,CJT WO 1NDC %KNKEKC #LCZ #TEJJKGTGWU WPF 6QRCTEJ I -QRH T OKV .QTDGGT MTCP\ $NKV\ 42% &WPMNG 2CVKPC UGJT UEJÌP

8728

8729

U PCEJ X %JT %[RTWU # 2NCWVKWU I -QRH T 6GORGN FGT #RJTQFKVG XQP 2CRJQU 42% 6\KCODC\KU 4 $TCWPG 2CVKPC UGJT UEJÌP

U ,CJT X %JT #PVKQEJKC 5[TKC 2WDNKWU 3WKPEVKNKWU 8CTWU I <GWUMQRH T OKV .QTDGGTMTCP\ #06+1:'WN EPI O8#218 6[EJG XQP #PVKQEJKC UKV\V T OKV 2CNO\YGKI WPVGP UEJYKOOGPFGT (NWIQVV 1TQPVGU $WVEJGT E 42% 5EJYCT\DTCWPG 2CVKPC -QTTQUKQPUUVGNNG CWH FGO #XGTU UGJT UEJÌP

&CU 5VÒEM YWTFG WPVGT FGT 5VCVVJCNVGTUEJCHV FGU 2WDNKWU 3WKPEVKNKWU 8CTWU IGRT·IV FGT KO ,CJTG P %JT OKV .G IKQPGP KP FGT 8CTWUUEJNCEJV -CNMTKGUG DGK 1UPCDTÒEM WPVGTIKPI

8730

8731

8732

8733

Õ 6GVTCFTCEJOG ,CJT X %JT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ 6[ EJG XQP #PVKQEJKC UKV\V T OKV 2CNO\YGKI WPVGP UEJYKOOGPFGT (NWIQVV 1TQPVGU 2TKGWT 42% 5GJT UEJÌP

&CU 5VÒEM YWTFG WPVGT FGT 5VCVVJCNVGTUEJCHV FGU 2WDNKWU 3WKPEVKNKWU 8CTWU IGRT·IV FGT KO ,CJTG P %JT OKV .G IKQPGP KP FGT 8CTWUUEJNCEJV -CNMTKGUG DGK 1UPCDTÒEM WPVGTIKPI +O ,CJT FGT 2T·IWPI WPUGTGT /ÒP\G OWVG 8CTWU CPN·NKEJ FGU )KHVOQTFRTQ\GUUGU FGU *GTQFGU IGIGP FGP GKIGPGP 5QJP KP ,GTWUCNGO GTUEJGKPGP &GT 4GXGTU \GKIV FCU DGTÒJOVG /QPWOGPV FGU 'WV[EJKFGU KP #PVKQEJKC

U ,CJT X %JT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ +P -TCP\ XKGT <GKNGP 5EJTKHV $WVEJGT 42% 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

U #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ +P -TCP\ 5% $WVEJGT KX 42% &WPMGNDTCWPG 2CVKPC XQT\ÒINKEJ

Õ 6GVTCFTCEJOG ,CJT ,CJT FGT E·UCTKUEJGP TC #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ 6[EJG XQP #PVKQEJKC UKV\V T OKV 2CNO\YGKI WPVGP UEJYKOOGPFGT (NWIQVV 1TQPVGU 2TKGWT 42% 5GJT UEJÌP

181

8734

8735

U X %JT $GT[VWU 2JQGPKEKC 2WDNKWU 3WKPEVKNKWU 8CTWU I -QRH T <YGK .GIKQPUCFNGT 42% 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

&CU 5VÒEM YWTFG IGRT·IV CNU 2WDNKWU 3WKPEVKNKWU 8CTWU 5VCVVJCNVGT XQP 5[TKGP YCT X %JT 8CTWU IKPI KO ,CJTG P %JT OKV FTGK .GIKQPGP KP FGT 8CTWUUEJNCEJV -CNMTKGUG DGK 1UPCDTÒEM WPVGT

U $GT[VWU 2JQGPKEKC I -QRH T 8GTUEJNGKGTVG )GUVCNV RHNÒIV N OKV \YGK 1EJUGP 42% &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

&GT 4GXGTU \GKIV GKPG -QNQPKGITÒPFWPIU\GTGOQPKG UWNEWU RTKOKIGPKWU

8736

8737

U ,CJT X %JT 5KFQP 2JQGPKEKC I 8KGTU·WNKIGT 6GORGN \YKUEJGP \YGK 5·WNGP 'WTQRC CWH 5VKGT N 42% &WPMNG 2CVKPC UGJT UEJÌP

&QRRGNUGUVGT\ X %JT *CFTWOGVWO $[\CEGPG I -QRH T 1 % 5 \YKUEJGP \YGK .QT DGGT\YGKIGP #NGZCPFTQRQWNQU 42% 8QP ITQGT 5GNVGPJGKV $TCWPG 2CVKPC UEJÌP

&GT 42% MGPPV PWT \YGK 'ZGORNCTG

1,5:1

8738

1,5:1

#WIWUVWU WPF &KXWU ,WNKWU %CGUCT Õ &GPCT X %JT 4QO / 5CPSWKPKWU I -QRH T -QRH FGU &KXWU ,WNKWU %CGUCT T OKV .QTDGGTMTCP\ FCTÒDGT -QOGV $/% %QJ 4+%w -N -TCV\GT CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&GT -QOGV ÒDGT FGO -QRH %CGUCTU KUV FGT UKFWU ,WNKWU ªDGT FKGUGP -QOGVGP UEJTGKDV 2NKPKWU PCV ++ 0WT CP GKPGO GKP\KIGP 1TV FGT 'TFG P·ONKEJ KP 4QO YKTF GKP -QOGV KP GKPGO 6GORGN XGTGJTV YGKN KJP FGT &KXWU #W IWUVWU CNU UGJT IÒPUVKIGU <GKEJGP HÒT UKEJ GTMN·TVG 'T VTCV P·ONKEJ \W $GIKPP UGKPGT 4GIKGTWPI KP 'TUEJGKPWPI Y·J TGPF FGT 5RKGNG FKG GT \W 'JTGP FGT 8GPWU )GPGVTKZ MWT\ PCEJ FGO 6QFG UGKPGU 8CVGTU %CGUCT KP FGO PQEJ XQP FKG UGO GKPIGUGV\VGP -QNNGIKWO CDJKGNV /KV HQNIGPFGP 9QTVGP ·WGTVG GT FCTÒDGT UGKPG (TGWFG )GTCFG CP FGP 6CIGP OGKPGT 5RKGNG YWTFG GKP *CCTUVGTP UKGDGP 6CIG NCPI CO PÌTFNKEJGP 6GKN FGU *KOOGNU GTDNKEMV GT IKPI WO FKG GNHVG 6CIGUUVWPFG CWH YCT UGJT NGWEJVGPF WPF KP CNNGP .·PFGTP UKEJVDCT &CU 8QNM INCWDVG FWTEJ FKGUGP 5VGTP YGTFG FKG #WHPCJOG FGT 5GGNG %CGUCTU WPVGT FKG WPUVGTDNKEJGP )ÌVVGT CPIG\GKIV WO FGUUGPVYKNNGP YWTFG FKGUGU 5VGTP\GKEJGP CO #DDKNF UGKPGU -QRHGU CPIGDTCEJV FCU UR·VGT CWH FGO (QTWO IGYGKJV YWTFG 5Q URTCEJ GT UKEJ ÌHHGPVNKEJ CWU +P UGKPGO +PPGTP CDGT YCT GT OKV (TGWFG ÒDGT\GWIV FC FGT 5VGTP HÒT KJP CWHIGICPIGP UGK WPF FC GT OKV KJO CWHIGJG WPF \YCT YGPP YKT FKG 9CJTJGKV UCIGP YQNNGP \WO *GKNG FGT 9GNV

8739

182

Õ &GPCT X %JT 4QO / 5CPSWKPKWU I -QRH T -QRH FGU &KXWU ,WNKWU %CGUCT T OKV .QTDGGTMTCP\ FCTÒDGT -QOGV $/% %QJ 4+%w -N 4CPFCWUDTWEJ UGJT UEJÌP

1,5:1

8740

1,5:1

#WIWUVWU HÒT &KXWU ,WNKWU %CGUCT Õ &GPCT X %JT 4QO / 5CPSWKPKWU I *GTQNF UVGJV N OKV %CFWEGWU WPF 4WPFUEJKNF -QRH FGU XGTIÌVVNKEJVGP %CGUCT T FCTÒDGT -QOGV $/% %QJ XGTIN 4+%w #O 4CPF NGKEJV IGFTÒEMV UQPUV CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

&GT *GTQNF CWH FGO #XGTU XGTMÒPFGV FKG 5CGEWNCTHGKGTP UKGJG FC\W CWEJ 0T

8741

8742 1,5:1

#WIWUVWU WPF #ITKRRC Õ &GPCT X %JT 4QO % 5WNRKEKWU 2NCVQTKPWU I -QRH FGU #WIWUVWU T -QRH FGU #ITKRRC T $/% %QJ 4+%w 44 'VYCU MQTTQFKGTV 2TÒHRWP\G CWH FGO #XGTU UGJT UEJÌP

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

8743

8745

8744

#U 0GOCWUWU I $GKFGT -ÌRHG PCEJ CWGP DNKEMGPF -TQMQFKN CP 2CNOG IGMGVVGV T 4+%w 42% $TCWPG 2CVKPC UGJT UEJÌP

#ITKRRC FGT (TGWPF WPF )GPGTCN FGU #WIWUVWU YCT DGTGKVU X %JT IGUVQTDGP &CU -TQMQFKN JCVVGP YQJN 5QNFCVGP XQO ·I[RVKUEJGP (GNF\WI FGU ,CJTGU X %JT OKVIGDTCEJV XGTOWVNKEJ YCTGP UKG CNU 8GVGTCPGP KP 0GOCWUWU CPIG UKGFGNV YQTFGP

#U 0GOCWUWU I $GKFGT -ÌRHG PCEJ CWGP DNKEMGPF -TQMQFKN CP 2CNOG IGMGVVGV 4+%w 42% 5GJT UEJÌP HCUV UGJT UEJÌP

#WIWUVWU HÒT 6KDGTKWU 5GUVGT\ 4QO I -QRH N #TC .WIFWPGPUKU $/% %QJ 4+%w 44 $TCWPG 2CVKPC OKP MQTTQFKGTV HCUV XQT\ÒINKEJ UGJT UEJÌP

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

#U .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU $/% %QJ 4+%w &C\W GKP #U FGU 6KVWU 4GXGTU 2CZ 5VÒEM (CUV UGJT UEJÌP

183

8747

&WRQPFKWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #TC .WIFWPGPUKU $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

1,5:1

8748

1,5:1

#WIWUVWU WPF 6KDGTKWU Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ -QRH T $/% %QJ 4+%w 8QP ITQGT 5GNVGPJGKV -TCV\GT UGJT UEJÌP

#WH FKGUGT CWGTQTFGPVNKEJ UGNVGPGP 2TQRCICPFCRT·IWPI UVGNNV #WIWUVWU UGKPGP 0CEJHQNIGT 6KDGTKWU XQT

8749

8750

#WIWUVWU WPF 4JQKOGVCNMGU U I -QRH FGU #WIWUVWU T -QRH FGU 4JQKOGVCNMGU T OKV &KCFGO 42% $TCWPG 2CVKPC UGJT UEJÌP

#WIWUVWU OKV <GPQFQTQU XQP %JCNMKU U X %JT %JCNMKU 5[TKC I -QRH T -QRH N 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

/CTEWU #PVQPKWU NKG .[UCPKCU FGP 8CVGT FGU <GPQFQTQU JKPTKEJVGP 0CEJ FGT 5EJNCEJV XQP #EVKWO UGV\VG #WIWUVWU <GPQFQTQU CNU 4GIGPVGP GKP

8751

#WIWUVWU WPF . 2CUUKGPWU 4WHWU 2TQEQPUWN XQP #HTKEC WO P %JT 5GUVGT\ 6JCGPC $[\CEGPG I -QRH FGU #WIWUVWU T FCXQT .KVWWU -QRH FGU 2TQEQPUWNU . 2CUUKGPWU 4WHWU T #NGZCPFTQ RQWNQU 42% 8QP CNNGTITÌVGT 5GNVGPJGKV $TCWPG 2CVKPC IGTKPI GTJCNVGPpUEJÌP

8753

8752

8753

6KDGTKWU Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ -CKUGT KP 3WCFTKIC T OKV <YGKI WPF #FNGT\GRVGT $/% %QJ 4+%w 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

184

#U 4QO I -QRH T .KXKC UKV\V T OKV 2CVGTC WPF <GRVGT $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC UGJT UEJÌP

8754

8755

&WRQPFKWU 4QO I -QRH N OKV .QTDGGTMTCP\ $ÒUVG 6KDGTKWU! X X KP .QTDGGT MTCP\ CWH 4WPFUEJKNF $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

5GUVGT\ 4QO I -CKUGT UKV\V N CWH EWTWNKUEJGO 5VWJN OKV 2CVGTC WPF <GRVGT 5% $/% %QJ 4+%w 4 /KP MQTTQFKGTV ITÒPDTCWPG 2CVKPC UGJT UEJÌP

&KG .GIGPFG %+8+6#6+$85 #5+#' 4'56+686+5 CWH FGO #XGTU DG\KGJV UKEJ CWH FKG OGJTGTG ,CJTG CPFCWGTPFG HKPCP\KGNNG 7PVGTUVÒV\WPI FGU 6KDGTKWU HÒT MNGKPCUKCVKUEJG 5V·FVG FKG D\Y P %JT XQP GKPGO UEJYGTGP 'TFDGDGP IGVTQHHGP YQTFGP YCTGP

8756

8757

8758

6GUUGTC 4QO I +P -TCP\ -QRH T OKV .QTDGGTMTCP\ WPVGP ('. +P -TCP\ ++ $WV VTG[ 5 4 )TÒPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

6GUUGTC 4QO I +P -TCP\ -QRH T OKV .QTDGGTMTCP\ WPVGP ('. +P -TCP\ 8+ $WV VTG[ 5 4 $TCWPG 2CVKPC UGJT UEJÌP

6GUUGTC 4QO I -QRH N OKV .QTDGGTMTCP\ +P -TCP\ :+ $WVVTG[ 5 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

8759

8760

6GUUGTC 4QO I -CKUGT KP $KIC T OKV <GRVGT +P -TCP\ 8++++ $WVVTG[ 5 44 'VYCU MQTTQFKGTV UGJT UEJÌP

5RKPVTKC 4QO I /CPP MPKGV T DGKO .KGDGUURKGN OKV GKPGT N UKV\GPFGP (TCW GT J·NV OKV UGKPGO TGEJVGP #TO KJT NKPMGU $GKP WPF OKV UGKPGT .KPMGP KJTG TGEJVG 5EJWNVGT UKG UVÒV\V UKEJ OKV FGT .KPMGP CD +P -TCP\ :8 $WVVTG[ 5 5\GPG 44 )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

185

8761

8762

8763

5GUVGT\ 4QO I 6TKWORJCNSWCFTKIC 5% $/% %QJ 4+%w $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I 6TKWORJCNSWCFTKIC 5% $/% %QJ 4+%w $TCWPG 2CVKPC UEJÌP UGJT UEJÌP

5GUVGT\ 4QO I (TQPVCNCPUKEJV FGU %QPEQTFKCVGORGNU CWH FGO (QTWO 4QOCPWO 5GEJUU·WNKIGT 6GORGN KO +PPGTGP -WNVUVCVWG FGT %QPEQTFKC XQT FGO 6GORGN 5VCVWGP FGU *GTEWNGU WPF FGU /GTEWT CWH FGO 2GFKOGPV ,WRKVGT \YKUEJGP ,WPQ WPF /KPGTXC HNCPMKGTV XQP YGKVGTGP )QVVJGKVGP 5% $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP 0#% & <ÒTKEJ 0T &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 6KDG TKWU 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 #TVCDC PQU +++ OWVG \W FGP 5M[VJGP HNKGJGP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T WPF FGT #WMVKQP .GW <ÒTKEJ 0T +O %QPEQTFKCVGORGN JCVVGP Y·JTGPF FGT 4GRWDNKM \GKVYGKUG 5GPCVUUKV\WPIGP UVCVVIGHWPFGP UQ JKGNV JKGT %KEGTQ UGKPG DGTÒJOVG XKGTVG 4GFG IGIGP %CVKNKPC

8765

8764

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

&GT 5KNDGTNKPI FGT $KDGN 6TKDWVG 2GPP[

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

8767

8766

8767

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T $/% %QJ 4+%w 'VYCU MQTTQFKGTV UGJT UEJÌP

&WRQPFKWU +VCNKEC *KURCPKC I -QRH T #NVCT 42%

186

&WPMNG 2CVKPC UGJT UEJÌP

8768

8769

U 2GNNC /CEGFQPKC % $CGDKWU 2 H WPF % 4WUVKEGNKWU $CUVGTPC I -QRH T 5EJTKHV 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

&KG DGKFGP $GCOVGP UKPF FKG ++ XKTK SWKPSWGPPCNGU 5KG YWTFGP FWTEJ 9CJN PCEJ FGT .GZ +WNKC /WPKEKRCNKU XQO ,CJT X %JT DGUVGNNV #NU /ÒP\UV·VVG YWTFG CWEJ &KWO XQTIGUEJNCIGP 0CEJ FGP #WUITCDWPIUGTIGDPKUUGP FQTV KUV FKGU CDGT WPYCJTUEJGKPNKEJ 'U YWTFGP MGKPG FGTCTVKIGP 5VÒEMG IGHWPFGP

U 2GNNC /CEGFQPKC % $CGDKWU 2 H WPF % 4WUVKEGNKWU $CUVGTPC I -QRH T 5EJTKHV 42% 4 5GJT UEJÌP

8770

8771

8772

8773

U 5O[TPC +QPKC /CIKUVTCV *KGTQP[OQU I -QRH T OKV .QTDGGTMTCP\ #NVCT 42% $TCWPG 2CVKPC UGJT UEJÌP

U 'WOGPGKC 2JT[IKC /CIKUVTCV -NGQP #ICRGVQU I -QRH T OKV .QTDGGTMTCP\ <GWU UVGJV N OKV $NWOG FCXQT 5VGTP WPF *CNDOQPF 42% 4 &WPMNG 2CVKPC UGJT UEJÌP

U .CQFKMGKC 2JT[IKC /CIKUVTCV 2[VJGU 2[VJQW I -QRH T <GWU .CQFKMGKQU UVGJV N OKV #F NGT WPF <GRVGT \YKUEJGP 2KNGK 42% &WPMNG 2CVKPC UGJT UEJÌP

U 6GTOGUUQU .[EKC I -QRH T 2HGTF ICNQRRKGTV N 42% 44 )TÒPDTCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

8774

8775

U ,CJT #PVKQEJKC 5[TKC .GICV 5KNCPWU I -QRH T 5GEJU <GKNGP 5EJTKHV KP -TCP\ $WVEJGT 42% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

U %QNQPKC +WNKC 2KC 2CVGTPC #HTKEC +8 8KTK ! 3 +WPKWU $NCGUWU WPF 2 )CXKWU %CUEC I -QRH N .KXKC UKV\V T OKV JTGP WPF <GRVGT #OCPFT[ 0QVGU FG PWOKUOCVKSWG #HTKECKPG 8 KP 40 ++ $ D #NGZCPFTQRQWNQU 42% 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

8776

U %QNQPKC +WNKC 2KC 2CVGTPC #HTKEC +8 8KTK ! 3 %QTPGNKWU &QNCDGNNC WPF 2 )CXKWU %CUEC I -QRH N *GTOGU UKV\V N OKV %CFWEGWU #OCPFT[ 0QVGU FG PWOKUOCVKSWG #HTKECKPG 8 KP 40 ++ % C #NGZCPFTQRQWNQU 42% 44 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

187

8777

8778

&WRQPFKWU 7VKEC #HTKEC I 2TQEQPUWN 8KDKWU /CTUWU 3WCGUVQT &TWUWU %CGUCT 2TCGVQT 6 ) 4WHWU -QRH N .KXKC UKV\V T 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

U PCEJ 1GC 5[TVKEC I -QRH N +P -TCP\ &TCRKGTVG $ÒUVG FGU #RQNNQP T FCXQT .[TC 42% 4 &WPMNG 2CVKPC IWVGU UGJT UEJÌP

8780

8779

HÒT &KXWU #WIWUVWU 5GUVGT\ X %JT 4QO I &KXWU #WIWUVWU UKV\V N OKV 5VTCJNGP DKPFG <YGKI WPF <GRVGT FCXQT #NVCT 5% $/% %QJ 4+%w 4 $TCWPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #NVCT $/% %QJ 4+%w $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌPpXQT\ÒINKEJ

8781

8782

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #NVCT $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #NVCT $/% %QJ 4+%w $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

8783

1,5:1

8784

1,5:1

6GUUGTC 4QO I +P -TCP\ -QRH T OKV .QTDGGTMTCP\ +P -TCP\ + $WVVTG[ 5 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

6GUUGTC 4QO I +P -TCP\ -QRH T OKV .QTDGGTMTCP\ +P -TCP\ +++ $WVVTG[ 5 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

188

8785

8785 1,5:1

6GUUGTC 4QO I -QRH T OKV 5VTCJNGPDKPFG +P 2GTNMTGKU ++ $WVVTG[ 5 44 &WPMGNITÒPG 2CVKPC JGTTNKEJGU 2QTVT·V XQT\ÒINKEJ

8786

8787

8788

6GUUGTC 4QO I +P -TCP\ -QRH N +P -TCP\ : $WVVTG[ 5 4 $TCWPG 2CVKPC MQTTQFKGTV UGJT UEJÌP

6GUUGTC 4QO I +P -TCP\ -QRH N OKV 5VTCJNGPDKPFG +P -TCP\ +++ $WVVTG[ 5 )TÒPG 2CVKPC HCUV UGJT UEJÌP

6GUUGTC 4QO I +P -TCP\ -QRH N OKV 5VTCJNGPDKPFG +P -TCP\ 8+++ $WVVTG[ 5 $TCWPG 2CVKPC UGJT UEJÌP

8789

8790

6GUUGTC 4QO I +P -TCP\ -QRH N OKV 5VTCJNGPDKPFG +P -TCP\ 8++++ $WVVTG[ 5 )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T

6GUUGTC 4QO I +P -TCP\ -QRH N OKV 5VTCJNGPDKPFG +P -TCP\ :8 $WVVTG[ 5 $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

'ZGORNCT FGT 5COONWPI #OCFGWU #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

8791

5GUVGT\ 4QO I #WIWUVWU OKV .QTDGGT\YGKI WPF <GRVGT KP 'NGHCPVGPSWCFTKIC N 5% $/% %QJ 4+%w 44 &WPMNG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

/KV FGT 'NGHCPVGPSWCFTKIC CWH FGO #XGTU YKNN 6KDGTKWU DGUQPFGTU FKG 5KGIJCHVKIMGKV FGU &KXWU #WIWUVWU JGTCWUUVGN NGP 5KGJG 9KGIGNU 3WQF XKCG OWPKVCG UWPV *KUVQTKUEJG #POGTMWPIGP \W GKPGO #WTGWU CWU -CNMTKGUG KP 9KGIGNU 4 *TUI &KG (WPFOÒP\GP XQP -CNMTKGUG WPF FKG HTÒJMCKUGT\GKVNKEJG /ÒP\RT·IWPI /ÌJPGUGG 5 HH

189

8792

8794

8793

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #FNGT UVGJV CWH )NQDWU X X -QRH T $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I #WIWUVWU OKV .QTDGGT\YGKI WPF <GRVGT KP 'NGHCPVGPSWCFTKIC N 5% $/% %QJ 4+%w 44 &WPMNG 2CVKPC HCUV XQT\ÒINKEJ UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T <WT 'NGHCPVGPSWCFTKIC UKGJG FKG #POGTMWPI \W 0T

5GUVGT\ 4QO I %QTQPC EKXKEC WO 5EJKNF ENKRGWU XKTVWVKU WPVGP \YGK %CRTKEQTPG ÒDGT )NQDWU 5% $/% %QJ 4+%w 4 $TCWPG 2CVKPC UGJT UEJÌP

#WH FGO 4GXGTU KUV FKG EQTQPC EKXKEC FGT ENKRGWU XKTVWVKU WPF FCU 5VGTP\GKEJGP %CRTKEQTP 5VGKPDQEM CDIGDKNFGV WPVGT FGO #WIWUVWU NCWV 5WGVQP IGDQTGP YWTFG <WO %CRTKEQTP UKGJG FKG #POGTMWPI \W 0T

8796

8795

5GUVGT\ 4QO I #WIWUVWU OKV .QTDGGT\YGKI WPF <GRVGT KP 'NGHCPVGPSWCFTKIC N 5% $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC UGJT UEJÌP

HÒT &KXWU #WIWUVWU WPF .KXKC U 4QOWNC *KURCPKC I -QRH FGU &KXWU #WIWUVWU T OKV 5VTCJNGPDKPFG -QRH FGT .KXKC N ÒDGT )NQDWU QDGP /QPFUKEJGN 42% $TCWPG 2CVKPC UGJT UEJÌP

8797 8798

8798

HÒT &KXWU #WIWUVWU WPF )GTOCPKEWU Õ &TCEJOG %CGUCTGC %CRRCFQEKC I -QRH FGU &KXWU #WIWUVWU N OKV 5VTCJGPDKPFG -QRH FGU )GTOCPKEWU T 42% D 5[F 44 5GJT UEJÌP

HÒT ,WNKC 5GUVGT\ 4QO I 5234 +8.+#' #8)856 %CTRGPVWO T XQP \YGK /CWN VKGTGP IG\QIGP 5% $/% %QJ 4+%w 4 $TCWPG GVYCU HNGEMKIG 6KDGTRCVKPC NGKEJV MQTTQFKGTV MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

&GP MCKUGTNKEJGP &COGP YWTFGP FKG 2TKXKNGIKGP XQP 8GUVCNKPPGP XGTNKGJGP HTGKNKEJ QJPG KJPGP FGTGP 2HNKEJVGP CWH\W GTNGIGP W C 5CETQUCPEVKVCU FCU KWU VTKWO NKDGTQTWO YGNEJGU KJPGP LWTKUVKUEJG 7PCDJ·PIKIMGKV WPF FKG /ÌINKEJ MGKV KJTGP $GUKV\ UGNDUV \W XGTYCNVGP XGTNKGJ WPF UEJNKGNKEJ FCU CWGTIGYÌJPNKEJG 4GEJV KP GKPGO %CTRGPVWO \W HCJTGP YCU CWH FGO #XGTU WPUGTGT /ÒP\G JGTCWUIGUVGNNV YKTF

190

8800

8801

8799

5GUVGT\ 4QO I 5234 +8.+#' #8)856 %CTRGPVWO T XQP \YGK /CWNVKGTGP IG\Q IGP 5% $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP UEJÌP

HÒT .KXKC &WRQPFKWU 4QO I &TCRKGTVG $ÒUVG FGT .KXKC CNU 5CNWU T 5% $/% %QJ 4+%w $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG FGT .KXKC ! CNU +WUVKVKC T OKV &KCFGO 5% $/% %QJ 4+%w $TCWPG 2CVKPC HCUV UGJT UEJÌP

8803 8804

8802

U 2GNNC /CEGFQPKC . 4WUVKEGNKWU %QTFWU I -QRH FGT .KXKC CNU 2KGVCU T OKV &KCFGO 5EJTKHV 42% 4 &WPMNG 2CVKPC UGJT UEJÌP

&GT $GCOVG KUV GKP &WWOXKT 'T YWTFG FWTEJ 9CJN PCEJ FGT .GZ +WNKC /WPKEKRCNKU XQO ,CJT X %JT DGUVGNNV #NU /ÒP\UV·VVG YWTFG CWEJ &KWO XQTIGUEJNCIGP 0CEJ FGP #WUITCDWPIUGTIGDPKUUGP FQTV KUV FKGU CDGT WPYCJTUEJGKPNKEJ 'U YWTFGP MGKPG FGTCTVKIGP 5VÒEMG IGHWPFGP

U 'WOGPGKC 2JT[IKC -CUVQTKU 5QVGKTC I &TCRKGTVG $ÒUVG T 5EJTKHV KP -TCP\ 42% 4 )TÒPG 2CVKPC UGJT UEJÌP

HÒT )GTOCPKEWU 6GUUGTC 4QO I +P -TCP\ )GRCP\GTVG $ÒUVG T OKV 5RGGT +P -TCP\ 8 $WVVTG[ 5 4 &WPMGNITÒPG 2CVKPC UGJT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8807

8805

8806

OKV )GTOCPKEWU WPF &TWUWU U 4QOWNC *KURCPKC I -QRH N OKV 5VTCJNGPDKPFG -ÌRHG FGU )GTOCPKEWU WPF FGU &TWUWU GKPCPFGT IGIGPÒDGT 42% 4 )TÒPG 2CVKPC UGJT UEJÌP

HÒT )GTOCPKEWU WPF &TWUWU U ! 5CTFGKU .[FKC #TEJKGTGWU #NGZCPFGT -NGQPQU I &TWUWU WPF )GTOCPKEWU UKV\GP N CWH EWTWNKUEJGP 5VÒJNGP GKPGT J·NV .KVWWU 5EJTKHV KP -TCP\ 42% 4 )TÒPG 2CVKPC UGJT UEJÌP HCUV XQT\ÒINKEJ

WPF &TWUWU Õ &TCEJOG %CGUCTGC %CRRCFQEKC I -QRH FGU 6KDGTKWU T OKV .QTDGGT MTCP\ -QRH FGU &TWUWU N 42% C 5[FGPJCO XGTIN 4 -N &TWEMUVGNNG UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

191

8809

8808

HÒT &TWUWU 5GUVGT\ 4QO I $ÒUVGP \YGKGT -KPFGT CWH (ÒNNJÌTPGTP FC\YKUEJGP IGHNÒIGNVGT %CFWEGWU 5% $/% %QJ &TWUWU 4+%w $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV 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

5GUVGT\ 4QO I $ÒUVGP \YGKGT -KPFGT CWH (ÒNNJÌTPGTP FC\YKUEJGP IGHNÒIGNVGT %CFW EGWU 5% $/% %QJ &TWUWU 4+%w 4 )TÒPG 2CVKPC UGJT UEJÌP

8811

8810

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

HÒT &TWUWU WPF .KXKC &WRQPFKWU 4QO I 8GTUEJNGKGTVG $ÒUVG FGT .KXKC CNU 2KGVCU T 5% $/% %QJ 4+%w $TCWPG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT

8812

&WPMGNITÒPG 2CVKPC UGJT UEJÌP

8812 1,5:1

HÒT &TWUKNNC 6GUUGTC 4QO I &TCRKGTVG $ÒUVG T +++ $WVVTG[ %QJ $F 8+++ 5 0T 8QP ITQGT 5GNVGPJGKV 'VYCU MQTTQFKGTV (GNFGT IGIN·VVGV HCUV UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T WPF FGT 5COONWPI 9CNFGEM #WMVKQP /ÒP\JCPFNWPI $CUGN 0T

8813

)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 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP 'ZGORNCT FGT #WMVKQP 5EJYGK\GTKUEJGT $CPMXGTGKP <ÒTKEJ 0T WPF FGT 5COONWPI ( # 9CNVGTU #WMVKQP *GUU 0CEJH .W\GTP 0T %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

192

8814

8815

5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ -CKUGT UVGJV N WPF ITÒV HÒPH 5QNFCVGP $/% %QJ 4+%w 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

&KG #FNQEWVKQ KUV FKG HGKGTNKEJG #PURTCEJG FGU +ORGTCVQTU CP FCU *GGT FCU \W FKGUGO <YGEM KP 2CTCFGCWHUVGNNWPI CPIGVTGVGP KUV FKG 5VCPFCTVGPVT·IGT KP FGT GTUVGP 4GKJG UQ CWEJ CWH WPUGTGO 5VÒEM

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

8816

8817

8816

#U 4QO I -QRH N 8GUVC UKV\V N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+%w $TCWPG 2CVKPC -TCV\GT CWH FGO #XGTU (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

3WCFTCPU 4QO I 2KNGWU 4%% TGOKUUC FWEGPVGUUKOC $/% %QJ 4+%w 4 $TCWPG 2CVKPC XQT\ÒINKEJ

&CU 5VÒEM HGKGTV FKG #DUEJCHHWPI GKPGT RTQ\GPVKIGP 8GTMCWHUUVGWGT

3WCFTCPU WPF 4QO I 2KNGWU 4%% TGOKUUC FWEGPVGUUKOC $/% %QJ 4+%w 5VÒEM 4 5GJT UEJÌP

8819

8820

5GUVGT\ 4QO I 2KGVCU UKV\V N OKV 2CVGTC FGP N 'NNDQIGP CWH 5VCVWG IGUVÒV\V 5GEJU U·WNKIGT 6GORGN FGU &KXWU #WIWUVWU FCXQT QRHGTV FGT -CKUGT OKV \YGK )GJKNHGP $/% %QJ 4+%w 4 $TCWPG 2CVKPC UGJT UEJÌP

#U %CTVJCIQ 0QXC *KURCPKC &WWOXKTK %P #VGN (NCE WPF %P 2QO (NCE I -QRH T OKV .QTDGGTMTCP\ 5CNWUMQRH T 42% (CUV UGJT UEJÌP

8822 8821

8821

U %QNQPKC %CGUCTCWIWUVC *KURCPKC &WWOXKTK .KEKPKCPWU WPF )GTOCPWU I -QRH T OKV .QT DGGTMTCP\ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP 42% $TCWPG 2CVKPC UGJT UEJÌP

U #OQTKQP 2JT[IKC 5KNXCQU WPF +QWUVQU 8KRUCPKQU I -QRH T #FNGT UVGJV N 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

193

8823 8824

8824

WPF &KXWU #WIWUVWU Õ &GPCT 4QO I -QRH FGU %CNKIWNC T OKV .QTDGGTMTCP\ -QRH FGU &KXWU #WIWUVWU T OKV 5VTCJNGPDKPFG $/% %QJ 4+%w 4 5GJT UEJÌP

HÒT &KXWU #WIWUVWU &WRQPFKWU 4QO I -QRH N OKV 5VTCJNGPDKPFG #WIWUVWU UKV\V N OKV <YGKI $/% %QJ 4+%w *GNNDTCWPG 2CVKPC UGJT UEJÌP

&KG 4ÒEMUGKVG DG\KGJV UKEJ CWH FGP 4GIKGTWPIUCPVTKVV FGU %CNKIWNC KP 4QO CNU FGT -CKUGT XQT 5GPCV 4KVVGTP WPF 8GT VTGVGTP FGT 2NGDU GKPG 4GFG JKGNV %CUUKWU &KQ 5WGVQP %CNKIWNC FKG FGP EQPUGPUWU WPKXGTUQTWO DGUV·VKIGP UQNNVG 5KGJG X -CGPGN KP 5EJYGK\GT /ÒP\DN·VVGT 5

8826

8825

5GUVGT\ %QNQPKC %CGUCTCWIWUVC *KURCPKC &WWOXKTK 5EKRKQ WPF /QPVCPWU I -QRH N OKV 5VTCJNGPDKPFG $NKV\ 42% 44 $TCWPpIGNDG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

WPF #ITKRRKPC OCVGT Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T $/% %QJ 4+%w 4 5GJT UEJÌP

8827

8828

8828 8829

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 2TKGWT 42% 4 5GJT UEJÌP

HÒT #ITKRRKPC OCVGT 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T %CTRGPVWO N $/% %QJ 4+%w 4 $TCWPG 2CVKPC NGKEJV MQTTQFKGTV 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 'T KPPGTWPI 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

194

HÒT #ITKRRC #U 4QO I -QRH N OKV 4QUVTCNMTQPG 0GRVWP UVGJV N OKV &GNRJKP WPF &TGK \CEM $/% 6KDGTKWU %QJ #ITKRRC 4+%w &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV HCUV XQT\ÒINKEJ

8831

8830

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

6KDGTKWU %QJ #ITKRRC 4+%w )TÒPG 2CVKPC IWVGU UGJT UEJÌP

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

6KDGTKWU %QJ #ITKRRC 4+%w &WPMNG 2CVKPC UGJT UEJÌP

8832

8833

8834

WPF )GTOCPKEWU U -PQUUQU -TGVC &WWOXKTK 2WNEJGT WPF 8CTKWU I $GKFGTUGKVU -QRH T OKV .QTDGGTMTCP\ 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

HÒT )GTOCPKEWU &WRQPFKWU 4QO I )GTOCPKEWU OKV #FNGT\GRVGT KP 3WCFTKIC T 5+)0+5 4'%'26 &'8+%6+5 )'4/ )GTOCPKEWU UVGJV N OKV .GIKQPUCFNGT $/% %QJ

)GTOCPKEWU 4+%w $TCWPG 2CVKPC UGJT UEJÌP

&CU 5VÒEM GTKPPGTV CP FGP 6TKWORJ FGU )GTOCPKEWU CO /CK FGT KJO HÒT UGKPG 5KGIG ÒDGT FKG )GTOCPGP WPF DGUQPFGTU HÒT FKG VGKNYGKUG 4ÒEMIGYKPPWPI FGT KP FGT 8CTWUUEJNCEJV XGTNQTGPGP .GIKQPUCFNGT \WVGKN IGYQTFGP YCT

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

8835

8836

8835

WPF #URWTIWU XQP $QURQTWU U I -QRH T -QRH T OKV &KCFGO 42% &WPMNG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

%NCWFKWU 3WCFTCPU 4QO I 9CCIG ÒDGT 204 5% $/% %QJ 4+%w $TCWPG 2CVKPC HCUV UVGORGNHTKUEJGU 2TCEJVGZGORNCT

204 UVGJV OÌINKEJGTYGKUG HÒT 2 QPFWU 0 WOOK 4 GUVKVWVWO &KGU YÒTFG DGFGWVGP FC %NCWFKWU \W $GIKPP UGKPGT 4GIKGTWPI FKG )GYKEJVG XQP &GPCTGP WPF #WTGK NGKEJV CPIGJQDGP JCV

1,5:1

8837

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ +P 'KEJGPMTCP\ ': 5% 1$ %+8'5 5'48#615 $/% %QJ 4+%w 44 *GTXQTTCIGPFGU 2QTVT·V UGJT UEJÌP 'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

195

8840

8838

8839

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ ': 5% 1$ %+8'5 5'48#615 KP -TCP\ $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ X %JT 4QO I -QRH T OKV .QTDGGTMTCP\ 4GKVGTUVCPFDKNF CWH 6TKWORJDQ IGP $/% %QJ 4+%w 4 $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

'KPG )GFGPMRT·IWPI HÒT UGKPGP 8CVGT 0GTQ %NCWFKWU &TWUWU )GTOCPKEWU FGP DGFGWVGPFGP (GNFJGTTP FGU #WIWUVWU FGT FWTEJ GKPGP 5VWT\ XQO 2HGTF CWH UGKPGO NGV\VGP )GTOCPGPHGNF\WI UVCTD X %JT +P /CKP\ YWTFG KJO GKP -G PQVCRJ GTTKEJVGV

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5RGU IGJV N OKV $NWOG $/% %QJ 4+%w $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

8841

8842

&WRQPFKWU 4QO I -QRH N %GTGU UKV\V N OKV JTGP WPF <GRVGT $/% %QJ 4+%w &WPMNG 2CVKPC 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

#U 4QO I -QRH N .KDGTVCU UVGJV T OKV 2KNGWU $/% %QJ 4+%w &WPMNG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

8843

8844

3WCFTCPU 4QO I /QFKWU 5% $/% %QJ 4+%w

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ ': 5 % 2 2 1$ %+8'5 5'48#615 KP -TCP\ $/% %QJ 4+%w $TCWPG 2CVKPC MN -TCV\GT UGJT UEJÌP

196

)TÒPG 2CVKPC UGJT UEJÌP

8845

8846

#U 4QO I -QRH N %QPUVCPVKC UVGJV N OKV GTJQDGPGT 4GEJVGP WPF 5RGGT $/% %QJ 4+%w $TCWPG 2CVKPC IWVGU UGJT UEJÌP HCUV XQT\ÒINKEJ

#U 4QO I -QRH N /KPGTXC IGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8848

8847

8850

8849

U 6JGUUCNQPKEC ! /CEGFQPKC I -QRH N /CMGFQPKUEJGT 5EJKNF 42% )N·P\GPFG ITÒPG 2CVKPC IWVGU UGJT UEJÌP

Õ %KUVQRJQT ! 'RJGUWU +QPKC I -QRH N #WIWUVWU UVGJV X X KP GKPGO \YGKU·WNK IGP 6GORGN WPF YKTF XQP YGKDNKEJGT (KIWT DGMT·P\V 42% 5GJT UEJÌP

&KG /ÒP\UV·VVG KUV PKEJV IGUKEJGTV

Õ %KUVQRJQT ! 'RJGUWU +QPKC I -QRH N 8KGTU·WNKIGT 6GORGN FCTKP -WNVUVCVWG FGT #TVGOKU 'RJGUKC 42% 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

U 0GQMCKUCTGKC .[FKC /CIKUVTCV %JQPFTQU I -QRH T OKV .QTDGGTMTCP\ $ÒPFGN XQP XKGT JTGP 42% XCT #XGTUNGIGPFG &WPMGNDTCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8852

8851

U -QKPQP FGT <[RTGT %[RTWU I -QRH N OKV .QTDGGTMTCP\ &TGK <GKNGP 5EJTKHV KP -TCP\ 42% 6\KCODC\KU 4 &WPMNG 2CVKPC UGJT UEJÌP

U #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ +P -TCP\ 5% $WVEJGT K 42% &WPMNG 2CVKPC IWVGU UGJT UEJÌP

197

8854

8853

HÒT &KXWU #WIWUVWU &WRQPFKWU 4QO I -QRH N OKV 5VTCJNGPDKPFG .KXKC UKV\V N OKV -QTP·JTGP WPF NCPIGT (CEMGN $/% %QJ #WIWUVWU 4+%w )TÒPDTCWPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

U -PQUUQU -TGVC &WWOXKTK %[VJGTWU WPF %CRKVQ I -QRH N OKV 5VTCJNGPDKPFG 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI 42% 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

8856

8855

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

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV JTGPMTCP\ #PVQPKC UVGJV CNU %QPUVCPVKC X X OKV (CEMGN WPF (ÒNNJQTP $/% %QJ 4+%w 4 5EJÌPpUGJT UEJÌP

8858 8857

8857

HÒT #ITKRRKPC OCVGT 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 5% QDGP TGEJVGEMKIGT )GIGPUVGORGN 0%#24 $/% %QJ 4+%w )GIGPUVGORGN 5NI 2CPIGTN 4 $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

&GT )GIGPUVGORGN UVGJV XGTOWVNKEJ HÒT 0 WOOWU % CGUCTG # WIWUVQ 24 QDCVWU #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

WPF #ITKRRKPC HKNKC U $QURQTWU I -QRH T OKV .QTDGGTMTCP\ -QRH N 42% $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU UGJT UEJÌP

&CU WPVGT -QV[U + IGRT·IVG 5VÒEM KUV PCEJ (TQNQXC +TGNCPF FCVKGTV

8860

8859

U $QURQTWU I -QRH T OKV .QTDGGTMTCP\ -QRH N 42% &CU WPVGT -QV[U + IGRT·IVG 5VÒEM KUV PCEJ (TQNQXC +TGNCPF FCVKGTV

8861

&WPMNG 2CVKPC UGJT UEJÌP

U WO 'RJGUQU +QPKC /CIKUVTCV -QWUKPKQU I $GKFGT $ÒUVGP T *KTUEJ UVGJV T 42% )TÒPG 2CVKPC UGJT UEJÌP

198

8862

8862 1,5:1

Õ %KUVQRJQT 'RJGUQU +QPKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 42% 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC 'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

8864

8863

8864

Õ %KUVQRJQT 'RJGUQU ! +QPKC I $GKFGT $ÒUVGP PGDGPGKPCPFGT N -WNVUVCVWG FGT &KCPC 'RJGUKC 42% 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

HÒT #ITKRRKPC HKNKC U -CFQK 2JT[IKC I &TCRKGTVG $ÒUVG T -WNVUVCVWG FGT #TVGOKU X X 42% FKGU 'ZGORNCT 4 &WPMNG 2CVKPC UGJT UEJÌP

8866

8867

8865

HÒT 0GTQ %NCWFKWU &TWUWU 5GUVGT\ 4QO I -QRH N %NCWFKWU UKV\V N OKV <YGKI FCTWPVGT 9CHHGP $/% %QJ 4+%w 4 $TCWPG 6KDGTRCVKPC UGJT UEJÌP

HÒT )GTOCPKEWU #U 4QO I -QRH T 5% $/% %QJ 4+%w )TÒPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

#U 4QO I -QRH T 5% $/% %QJ 4+%w )TÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

8868

8869

HÒT 0GTQ Õ &GPCT 4QO I &TCRKGTVG $ÒUVG N 5KORWNWO .KVWWU &TGKHW WPF 2C VGTC $/% %QJ 4+%w 4 .GKEJV MQTTQFKGTV UGJT UEJÌP

&KG 2TKGUVGTIGT·VG CWH FGO 4GXGTU UVGJGP HÒT FKG XKGT ITQGP 2TKGUVGTMQNNGIKGP FKG 2QPVKHKEGU FKG #WIWTGP FKG SWKP FGEKOXKTK UCETKU HCEKWPFKU WPF FKG UGRVGOXKTK GRWNQPGU

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T '37'56'4 14 &1 24+0%+2+ +88'06 CWH 5EJKNF FCJKPVGT 5RGGT $/% %QJ 4+%w 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

199

8870

8872

8871

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 )TÒPG 2CVKPC 4GUVCWTCVKQPUUVGNNGP CO 4CPF HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

0GTQ 5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ 4QOC UKV\V N CWH 2CP\GT OKV 8KEVQTKC WPF 2CTC\QPKWO $/% %QJ 4+%w $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK NGKEJV MQTTQFKGTV UGJT UEJÌP

&WRQPFKWU WO 4QO I -QRH T OKV 5VTCJNGPDKPFG /CEGNNWO /CIPWO $/% %QJ 4+%w &WPMNG 2CVKPC UEJÌPpUGJT UEJÌP

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

8873

8874

5GUVGT\ WO 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TKWORJDQIGP FCTCWH 3WCFTKIC $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

5GUVGT\ WO 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TKWORJDQIGP FCTCWH 3WCFTKIC $/% %QJ 4+%w $TGKVGT 5EJTÌVNKPI DTCWPG 2CVKPC 4GXGTU NGKEJV MQTTQFKGTV UGJT UEJÌP

8875

200

5GUVGT\ WO 4QO I -QRH N OKV .QTDGGTMTCP\ *CHGP XQP 1UVKC QDGP 2JCTQU OKV 0GR VWPUVCVWG KO *CHGPDGEMGP UKGDGP 5EJKHHG N WPVGP NCIGTV 6KDGT N CWH &GNRJKP IGUVÒV\V $/% %QJ 4+%w 44 $TCWPG (NWRCVKPC OKP -QTTQUKQP IWV CWUIGRT·IVGU FGVCKNTGKEJGU 'ZGORNCT IWVGU UGJT UEJÌP

8877

8876

5GUVGT\ WO .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ #GIKU N %GTGU UKV\V N #PPQPC UVGJV T FC\YKUEJGP (ÒNNJQTP /QFKWU WPF 5EJKHHUDWI $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

&WRQPFKWU WO 4QO I -QRH T OKV 5VTCJNGPDKPFG /CEGNNWO /CIPWO $/% %QJ 4+%w 'VYCU MQTTQFKGTV UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T &GT ITQG 4WPFDCW FGT FGP .GDGPUOKVVGNOCTMV DGJGTDGTIVG UVCPF CWH FGO %CGNKWU WPF YWTFG IGYGKJV

8879

8878

8880

#U WO 4QO I -QRH T OKV .QTDGGTMTCP\ 0GTQ CNU #RQNNQ %KVJCTQGFWU UVGJV T OKV .[TC $/% %QJ 4+%w 44 )TÒPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

&GT /ÒP\V[R KUV CWEJ DGK 5WGVQP GTY·JPV 0GTQ GDGPUQ NKG GT 5VCVWGP CWHUVGNNGP FKG KJP CNU GKPGP 5·P IGT FGT \WT -KVJCTC UKPIV FCTUVGNNVGP /KV FKGUGO $KNF NKG GT CWEJ /ÒP\GP RT·IGP

5GOKU WO 4QO I -QRH T OKV .QTDGGTMTCP\ 7TPG WPF -TCP\ CWH 6KUEJ $/% %QJ 4+%w )TÒPDTCWPG 2CVKPC IWVGU UGJT UEJÌP

&GT 4GXGTU DG\KGJV UKEJ CWH FKG XQP 0GTQ KO ,CJTG IGITÒPFGVGP 0GTQPKC UKGJG 5WGVQP 0GTQ 'T XGTCPUVCNVGVG CWEJ CNU GTUVGT XQP CNNGP KP 4QO GKPGP 9GVVMCORH FGT CNNG HÒPH ,CJTG UVCVVHCPF WPF YKG DGK FGP )TKGEJGP CWU FTGK &KU\KRNKPGP DGUVCPF GKPGT OWUKUEJGP GKPGT CVJNGVKUEJGP WPF GKPGT &KU\KRNKP \W 2HGTFG &KGUGT 9GVVMCORH GTJKGNV FGP 0COGP 0GTQPKC

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT WPF -CKUGTKP UVGJGP N $/% %QJ 4+%w 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8881

8882

1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N ,CPWUVGORGN OKV IGUEJNQUUGPGP 6Ò TGP $/% %QJ 4+%w 4 $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ ,CPWUVGORGN OKV IGUEJNQUUGPGP 6ÒTGP $/% %QJ 4+%w )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

201

8883

8884

8885

5GUVGT\ WO 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 5EJKNF $/% %QJ 4+%w XGTIN $TCWPG 2CVKPC OKP IGIN·VVGV UGJT UEJÌP

5GUVGT\ WO .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 0GTQ UVGJV N CWH 2QFGUV WPF DG ITÒV FTGK 5QNFCVGP JKPVGT KJO 2TCGVQTKCPGTRTCGHGMV KO *KPVGTITWPF 4WPFVGORGN $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&GT 4GXGTU \GKIV GKPG #PURTCEJG FGU -CKUGTU CP FKG 2TCGVQTKCPGTEQJQTVGP FCU /ÒP\DKNF UQNN FKG 8GTDWPFGPJGKV XQP -CKUGT WPF /KNKV·T U[ODQNKUKGTGP

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 UGJT UEJÌP

8886

8887

8888

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

5GUVGT\ WO .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 4QOC UKV\V N OKV 8KEVQTKC WPF 2C TC\QPKWO $/% %QJ 4+%w #XGTU NGKEJV IGIN·VVGV ITÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ WO .WIFWPWO I -QRH N OKV .QTDGGTMTCP\ -CKUGT UKV\V T CWH 2NCVVHQTO FCXQT UKV\V CWH GKPGT YGKVGTGP 2NCVVHQTO GKP $GCOVGT T WPF XGTVGKNV %QPIKCTKWO CP $ÒTIGT KO *KPVGTITWPF 5VCVWGP FGT /KPGTXC WPF FGT .KDGTCNKVCU $/% %QJ 4+%w 44 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

&CU %QPIKCTKWO KUV DGK 5WGVQP 0GTQ GTY·JPV #P FCU 8QNM XGTVGKNVG GT RTQ -QRH XKGTJWPFGTV 5GUVGT\GP

202

8889

1,5:1

5GUVGT\ WO .WIFWPWO I -QRH N OKV .QTDGGTMTCP\ *CHGP XQP 1UVKC QDGP 2JCTQU OKV 0GRVWPUVCVWG KO *CHGPDGEMGP CEJV 5EJKHHG WPVGP NCIGTV 6KDGT N CWH &GNRJKP IGUVÒV\V $/% %QJ XGTIN 4+%w 44 &WPMGNITÒPG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT

8890

8891

&WRQPFKWU WO 4QO I -QRH T OKV 5VTCJNGPDKPFG 4QOC UKV\V N OKV -TCP\ WPF 2CTC\Q PKWO $/% %QJ 4+%w $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

&WRQPFKWU .WIFWPWO I -QRH N OKV .QTDGGTMTCP\ /CEGNNWO /CIPWO $/% %QJ 4+%w 4 $TCWPG 2CVKPC UGJT UEJÌP

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

8892

8893

8894

&WRQPFKWU .WIFWPWO I -QRH N OKV .QTDGGTMTCP\ 5GEWTKVCU UKV\V T OKV <GRVGT FCXQT #NVCT $/% %QJ 4+%w &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

#U WO .WIFWPWO I -QRH T 8KEVQTKC IGJV N OKV 5EJKNF $/% %QJ 4+%w $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ ,CPWUVGORGN OKV IGUEJNQUUGPGP 6ÒTGP $/% %QJ 4+%w $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

203

8897

8896

8895

#U WO 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N WPF J·NV 5EJKNF OKV 5234 $/% %QJ 4+%w $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

#U WO .WIFWPWO I -QRH T )GPKWU UVGJV N OKV 2CVGTC WPF (ÒNNJQTP FCXQT #NVCT $/% %QJ 4+%w $TCWPG 2CVKPC HCUV UGJT UEJÌP UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC $/% %QJ 4+%w 5GJT UEJÌP

8898

8899

8900

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

#U 4QO I -QRH T OKV .QTDGGTMTCP\ ,CPWUVGORGN OKV IGUEJNQUUGPGP 6ÒTGP $/% %QJ 4+%w $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

#U WO 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV 5EJKNF $/% %QJ 4+%w $TCWPG 2CVKPC MN -TCV\GT CWH FGO #XGTU OKP MQTTQFKGTV UGJT UEJÌP

8903

8902

8901

#UUCTKC ! 2GTKPVJQU 6JTCEKC I -QRH N OKV .QTDGGTMTCP\ +P 'KEJGPMTCP\ PERIN QIWN 42% 4 )N·P\GPFG ITÒPG 2CVKPC UGJT UEJÌP

U 6JGUUCNQPKEC /CEGFQPKC I -QRH N +O -TCP\ #FNGT N ÒDGT 5EJTKHV 42% )TÒPG 2CVKPC 4GXGTU NGKEJV FG\GPVTKGTV IWVGU UGJT UEJÌP

U 6JGUUCNQPKEC ! /CEGFQPKC I -QRH N /CMGFQPKUEJGT 5EJKNF 42% &WPMNG 2CVKPC IWVGU UGJT UEJÌP

204

8904

&TCEJOG PCEJ 4JQFQU %CTKC I -QRH T OKV 5VTCJNGPDKPFG 0KMG UVGJV N CWH 2TQTC OKV -TCP\ WPF 2CNO\YGKI 42% )TÒPDTCWPG 2CVKPC UGJT UEJÌP

8905

8906

8908

8907

U 'WOGPGKC 2JT[IKC #TEJKGTGWU +WNKWU -NGQP I &TCRKGTVG $ÒUVG T #RQNNQ UVGJV N OKV 4CDG WPF &QRRGNCZV 42% )N·P\GPFG FWPMGNITÒPG 2CVKPC HGKPGU 2QTVT·V HCUV XQT\ÒINKEJGU 'ZGORNCT

U WO ,WNKC 2JT[IKC I &TCRKGTVG $ÒUVG T /GP \W 2HGTFG T 42% $TCWPG 2CVKPC UGJT UEJÌP

U .CQFKMGKC 2JT[IKC /CIKUVTCV #KPGKCU I -QRH T OKV .QTDGGTMTCP\ <GWU .CQFKMGKQU UVGJV N OKV #FNGT WPF 5VCD 42% &WPMNG 2CVKPC UGJT UEJÌP

U ! #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ FCXQT .KVWWU +P -TCP\ 5% $WVEJGT K 42% )N·P\GPFG FWPMGNITÒPG 2CVKPC YKP\ -TCV\GT CWH FGO 4GXGTU HCUV UVGORGNHTKUEJGU 2TCEJVGZGORNCT

8910

8909

U ,CJT #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG FGT 6[EJG T OKV /CWGTMTQPG #NVCT $WVEJGT KK 42% &WPMGNDTCWPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ WPF #GIKU #FNGT CWH $NKV\ T FCXQT 2CNO\YGKI 2TKGWT 42% 5GJT UEJÌP

8911

8912

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ WPF #GIKU #FNGT CWH $NKV\ T FCXQT 2CNO\YGKI 2TKGWT 42% 9KP\ -TCV\GT HCUV XQT\ÒINKEJGU 'ZGORNCT

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ WPF #GIKU #FNGT CWH $NKV\ T FCXQT 2CNO\YGKI 2TKGWT 42% )WVGU UGJT UEJÌP

205

8914

8913 1,5:1

U ,CJT #TCFQU 2JQGPKEKC I -QRH GKPGT )ÌVVKP T FCXQT -QRH FGU 0GTQ T 5VKGT URTKPIV N 42% 44 )TÒPG 2CVKPC HCUV UGJT UEJÌP

WPF &KXWU %NCWFKWU Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I $GKFGTUGKVU -QRH T OKV .QTDGGTMTCP\ 42% 5[F 5GJT UEJÌP

8915

8916

8917

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I $GKFGTUGKVU -QRH T OKV .QTDGGTMTCP\ 2TKGWT 42% 5GJT UEJÌP

Õ 6GVTCFTCEJOG WPDGUVKOOVG U[TKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ FCJKPVGT 'HGW DNCVV -QRH T 2TKGWT # #DD 42% 5[F 5GJT UEJÌP

Õ 6GVTCFTCEJOG WPDGUVKOOVG U[TKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ FCJKPVGT 5VGTP -QRH T 2TKGWT 42% 5[F 5GJT UEJÌP

8918

8919

WPF #ITKRRKPC HKNKC Õ &GPCT 4QO I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT +P -TCP\ ': 5 % $/% %QJ 4+%w 4 5WDCGTCV UEJÌPpUGJT UEJÌP

U $QURQTWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG N 42% &WPMNG 2CVKPC HCUV UGJT UEJÌP

&CU WPVGT -QV[U + IGRT·IVG 5VÒEM KUV PCEJ (TQNQXC +TGNCPF FCVKGTV

8920

8921 1,5:1

U WO 5[PCQU 2JT[IKC I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT #RQNNQ UVGJV T OKV $QIGP 42% 4 &WPMNG 2CVKPC HCUV UGJT UEJÌP

Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 42% 5[F 5GJT UEJÌP

206

8922

$ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 2TKGWT 42% &TWEMUVGNNGP GVYCU MQTTQFKGTV UGJT UEJÌP

#ITKRRKPC HKNKC YWTFG P %JT KP -ÌNP IGDQTGP +JT \W 'JTGP GTJKGNV FKG 5VCFV FGP 0COGP %QNQPKC %NCWFKC #TC #ITKRRKPGPUKWO

8924

8923

8925

HÒT #ITKRRKPC HKNKC U 'WOGPGKC 2JT[IKC #TEJJKGTGC $CUUC -NGQPQU I &TCRKGTVG $ÒUVG T KO (GNF T TGEJVGEMKIGT )GIGPUVGORGN &QRRGNCZV -[DGNG UKV\V N OKV 2CVGTC 42% )GIGPUVGO RGN *QYIGIQ 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

U 'WOGPGKC 2JT[IKC #TEJJKGTGC $CUUC -NGQPQU I &TCRKGTVG $ÒUVG T KO (GNF N TGEJVGEMKIGT )GIGPUVGORGN &QRRGNCZV -[DGNG UKV\V N OKV 2CVGTC 42% )GIGPUVGORGN *QYIGIQ 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

WPF 2QRRCGC U 5O[TPC +QPKC I -QRH T OKV .QTDGGTMTCP\ 2QRRCGC CNU 0KMG UVGJV N OKV -TCP\ WPF (ÒNNJQTP 42% 4 *GTTNKEJGU 2QTVT·V HCUV XQT\ÒINKEJ UGJT UEJÌP

8927

8926

U -QKPQP FGT )CNCVGT )CNCVKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T 42% &WPMGNITÒPG 2CVKPC OKP $GNCI UGJT UEJÌP

WPF #ITKRRC ++ U 0GTQPKCU +WFCGC I -QRH T OKV .QTDGGTMTCP\ FCXQT .KVWWU 8KGT <GKNGP 5EJTKHV KP -TCP\ 42% )TÒPG 2CVKPC HCUV UGJT UEJÌP

1,5:1

8928

1,5:1

8KPFGZ Õ &GPCT ICNNKUEJG /ÒP\UV·VVG I 5#.85 )'0'4+5 *8/#0+ 8KEVQTKC UVGJV N CWH )NQDWU OKV -TCP\ WPF 2CNO\YGKI 5234 KP 'KEJGPMTCP\ $/% /CTVKP 4+%w 4 5GJT UEJÌP

8929

)CNDC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% %QJ 4+%w 4 )TÒPDTCWPG 2CVKPC HCUV UGJT UEJÌP

207

8931

8932

8930

5GUVGT\ 4QO I -QRH N OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% 5 #PO %QJ 4+%w 4 5EJYCT\DTCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV 2CNNCFKWO WPF 2CNO \YGKI $/% %QJ 4+%w 4 $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK UGJT UEJÌP HCUV UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ .GIKQPUCFNGT CWH 2TQTC \YKUEJGP \YGK 5VCPFCTVGP CWH 2TQTC $/% %QJ 4+%w 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

1,5:1

8933

1,5:1

1VJQ Õ &GPCT 4QO I -QRH T 8KEVQTKC IGJV T OKV -TCP\ WPF <YGKI $/% %QJ 4+%w #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

8935

8934

8935

Õ &GPCT 4QO I -QRH T -CKUGT TGKVGV T OKV 5RGGT $/% %QJ 4+%w 44 (CUV UGJT UEJÌP

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N CWH .QTDGGT\YGKI OKV -TCP\ KO 5EJPCDGN N 2CNO\YGKI 2TKGWT 42% 7PTGIGNO·KIGT 5EJTÌVNKPI UGJT UEJÌP

8936

208

8937

8KVGNNKWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ /CTU IGJV N OKV 5RGGT .GIKQPUCF NGT WPF 8GZKNNWO $/% %QJ XGTIN 4+%w (GKPG 2CVKPC 4GXGTU GVYCU FG\GPVTKGTV MTCHVXQNNGU 2QTVT·V IWVGU UGJT UEJÌP UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV T OKV 2KNGWU WPF <GRVGT $/% %QJ 4+%w 5GJT UEJÌP

8938 8939

8939

8GURCUKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ +WFCGC UKV\V T CP 2CNOG IGHGUUGNV $/% %QJ 4+% 5GJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ ,WF·C UKV\V N WPVGT 2CNOG FCJKPVGT IGHGU UGNVGT ,WFG N WPF T 9CHHGP $/% %QJ 4+% 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP UGJT UEJÌP

8941

8940

8942

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5RGGT WPF 2CTC\QPKWO FCXQT UKV\V VTCWGTPFG ,WFCGC WPVGT 2CNOG $/% #PO %QJ XGTIN 4+% 4 )N·P\GPFG ITÒPG 2CVKPC MN -QTTQUKQPUUVGNNG CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV <YGKI WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV UEJÌPGT ITÒPGT 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌPpXQT\ÒINKEJ

8943

8944

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ +P -TCP\ 5 2 3 4 #&5'4614+ .+$'46#6+5 28$.+%#' $/% %QJ XGTIN 4+% 44 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG 8KEVQTKC UVGJV T CWH 2TQTC OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

209

8946

8945

8947

#U 4QO I -QRH T OKV .QTDGGTMTCP\ <YGK *·PFG JCNVGP %CFWEGWU WPF \YGK JTGP $/% 5 #PO %QJ XGTIN 4+% 44 )TÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (TQPVCNCPUKEJV FGU ,WRKVGTVGORGNU CWH FGO -CRKVQN KO +PPGTGP 5VCVWGP FGT ,WPQ FGU ,WRKVGT WPF FGT /KPGTXC $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 5RGU IGJV N OKV $NWOG $/% %QJ 4+% C &WPMNG 2CVKPC UGJT UEJÌP

8948

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2TQTC T FCTÒDGT CEJVUVTCJNKIGT 5VGTP $/% %QJ 4+% 4 (GKPGT 5VKN XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

8949

1,5:1

Õ &GPCT KPQHHK\KGNNG ! ÌUVNKEJG /ÒP\UV·VVG I %#'5#4 8'52#5+#085 #8)85685 -QRH T OKV .QTDGGTMTCP\ 8'52#5+#0+ #8)856+ (+.+ &QOKVKCPWU WPF 6KVWU UVGJGP X X OKV 5RGGTGP WPF 5EJKNFGP KO #DUEJPKVV =&?1/ '6 6 $/% %QJ 4+% 8QP CNNGTITÌVGT 5GNVGPJGKV -QTTQFKGTV UGJT UEJÌP &KG 4GXGTUFCTUVGNNWPI QTKGPVKGTV UKEJ CP FGP )CKWU .WEKWU &GPCTGP FGU #WIWUVWU 4+%w HH &GT 4ÒEMITKHH CWH CWIWUV·KUEJG /ÒP\V[RGP KUV WPVGT 8GURCUKCP PKEJV WPIGYÌJPNKEJ CNNGTFKPIU UEJGKPV FGT 4GXGTU KP FKG GTUVGP 4GIKG TWPIULCJTG FGU -CKUGTU \W IGJÌTGP Y·JTGPF FGT #XGTU CWHITWPF FGT .GIGPFG GJGT KP UGKPG NGV\VGP 4GIKGTWPIULCJTG RCUUV UQ FC YKT GU DGK FKGUGO HCU\KPKGTGPFGP &GPCT OÌINKEJGTYGKUG OKV FGO 2TQFWMV GKPGT KPQHHK\KGNNGP /ÒP\UV·VVG \W VWP JCDGP

210

8951

8950

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N CWH -GWNG FCXQT 2CNO\YGKI 2TKGWT 42% (GKPG 6ÌPWPI IWVGU UGJT UEJÌP

OKV 6KVWU WPF &QOKVKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -ÌRHG FGU 6KVWU WPF FGU &QOKVKCPWU GKPCPFGT IGIGPÒDGT $/% %QJ 4+% 4 (CUV UGJT UEJÌP

8952

8953

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ &QOKVKCP OKV 5RGGT WPF 5EJTKHVTQNNG WPF 6K VWU OKV 5RGGT WPF 2CTC\QPKWO UVGJGP GKPCPFGT IGIGPÒDGT $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌP

HÒT 6KVWU WPF &QOKVKCPWU U 5VQDK /CEGFQPKC I -ÌRHG FGU 6KVWU WPF FGU &QOKVKCPWU GKP CPFGT IGIGPÒDGT 8KGTU·WNKIGT 6GORGN KO +PPGTGP -WNVUVCVWG 42% )TÒPG 2CVKPC UGJT UEJÌP

8954

8956

8955

WPF 6KVWU Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I $GKFGTUGKVU -QRH T OKV .QTDGGT MTCP\ 42% 5[F 5GJT UEJÌP

HÒT 6KVWU U %CGUCTGC +WFCGC I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV T WPF UEJTGKDV CWH GKPGP CP GKPGT 2CNOG DGHGUVKIVGP 5EJKNF 42% $TCWPG 2CVKPC UGJT UEJÌP

HÒT &QOKVKCPWU #U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ KTTVÒONKEJG $GUEJTGKDWPI 4+% C KTTVÒONKEJG $G UEJTGKDWPI $TCWPG 2CVKPC MN 2T·IGUEJY·EJG UGJT UEJÌP

1,5:1

8957

1,5:1

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2GICUWU UVGJV T $/% %QJ 4+% 4 (GKPG 6ÌPWPI HCUV XQT\ÒINKEJGU 'ZGORNCT

211

8959

8958

U #PVKQEJKC 5[TKC I -QRH N OKV .QTDGGTMTCP\ +P -TCP\ 5% $WVEJGT K E 42% )TÒPG 2CVKPC UGJT UEJÌP

6KVWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ &GNRJKP WO #PMGT IGYWPFGP $/% %QJ 4+% 5GJT UEJÌP

8960

8961

HÒT &KXWU 8GURCUKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 7TPG CWH 5·WNG FCXQT 5EJKNF OKV 5% T WPF N .QTDGGT\YGKIG $/% %QJ 4+% 5GJT UEJÌP

5GUVGT\ 4QO I 5% &KXWU 8GURCUKCPWU KP 'NGHCPVGPSWCFTKIC T OKV <GRVGT WPF 8KE VQTKC $/% %QJ 4+% 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

&KG 'NGHCPVGPSWCFTKIC QFGT 'NGHCPVGPDKIC YCT UEJQP UGKV JGNNGPKUVKUEJGT <GKV GKP 5[ODQN FGT 5KGIJCHVKIMGKV 5KG GT UEJGKPV UGNVGP CWH 2T·IWPIGP FGU #WIWUVWU WPF CWH \YGK UR·VGTGP TGKEJUTÌOKUEJGP 2T·IWPIGP FGT LWNKUEJ ENCWFKUEJGP &[PCUVKG KP DGKFGP (·NNGP LGFQEJ OKV CWUFTÒEMNKEJGO $G\WI CWH #WIWUVWU UKGJG 9KGIGNU 3WQF XKCG OWPKVCG UWPV *KUVQTKUEJG #POGTMWPIGP \W GKPGO #WTGWU CWU -CNMTKGUG KP 9KGIGNU 4 *TUI &KG (WPFOÒP\GP XQP -CNMTKGUG WPF FKG HTÒJMCUKUGT\GKVNKEJG /ÒP\RT·IWPI /ÌJPGUGG 5 HH 0CEJ FGO 'PFG FGT LWNKUEJ ENCWFKUEJGP &[ PCUVKG MCPP PWP FGT $G\WI CWH #WIWUVWU QFGT &KXWU #WIWUVWU GPVHCNNGP CP UGKPG 5VGNNG VTKVV CWH WPUGTGO 5VÒEM &KXWU 8GURCUKCPWU

8963

8962

5GUVGT\ 4QO I 5% &KXWU 8GURCUKCPWU UKV\V N OKV <YGKI WPF <GRVGT $/% %QJ 4+% $TCWPG 2CVKPC MN -QTTQUKQPUUVGNNG CWH FGO #XGTU UGJT UEJÌP

HÒT &QOKVKCPWU Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC UKV\V N OKV -TCP\ WPF 2CNO\YGKI $/% # %QJ 4+% 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

8964

8965

8964

Õ %KUVQRJQT 'RJGUWU ! I -QRH T OKV .QTDGGTMTCP\ 2TKP\ TGKVGV N OKV <GRVGT WPF GT JQDGPGT 4GEJVGP 42% 44 -N -TCV\GT UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

HÒT &QOKVKNNC 5GUVGT\ 4QO I 5% /'/14+#' &1/+6+..#' 5234 %CTRGPVWO T XQP \YGK /CWNVKGTGP IG\QIGP $/% %QJ 4+% 4 4ÒEMUGKVG NGKEJV MQTTQFKGTV DTCWPG 2CVKPC UGJT UEJÌP

212

8966

1,5:1

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+% 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT

8969

8968

8967

4GUVKVWVKQP HÒT &KXWU #WIWUVWU 5GUVGT\ 4QO I #WIWUVWU UKV\V N OKV .QTDGGT \YGKI <GRVGT WPF 5VTCJNGPDKPFG FCXQT #NVCT 5% $/% %QJ 4+% $TCWPG (NWRCVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

#U 4QO I -QRH N OKV 5VTCJNGPDKPFG #FNGT UVGJV T CWH $NKV\ -QRH N $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

4GUVKVWVKQP HÒT .KXKC &WRQPFKWU 4QO I &TCRKGTVG $ÒUVG FGT .KXKC CNU +WUVKVKC T OKV &KCFGO 5% $/% %QJ 4+% 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

8970

&QOKVKCPWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N -CKUGT UVGJV N OKV 5RGGT FCXQT MPKGV )GTOCPG T OKV 5EJKNF $/% %QJ 4+% $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

8971

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N -CKUGT UVGJV N WPF QRHGTV CWU 2C VGTC ÒDGT #NVCT KO *KPVGTITWPF 6GORGN FGT /KPGTXC $/% %QJ 4+% $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

&CU 5VÒEM \GKIV CWH FGO 4GXGTU GKPG KPVGTGUUCPVG FGVCKNTGKEJG #TEJKVGMVWTFCTUVGNNWPI

213

8972

8974

8973

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N -CKUGT UVGJV T WPF DGITÒV )GPG TCN FGT XQP GKPGO 5QNFCVGP DGINGKVGV YKTF $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N )'4/#0+# %#26# )GHCPIGPG )GTOCPKP UKV\V N IGHCPIGPGT )GTOCPG UVGJV T FC\YKUEJGP 6TQRJ·G $/% %QJ 4+% C 4 )TÒPG 2CVKPC UGJT UEJÌP

&CU 5VÒEM YWTFG PCEJ FGO GTHQNITGKEJGP (GNF\WI FGU -CKUGT IGIGP FKG %JCVVGP IGRT·IV

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG 6TQRJ·G FCTWPVGT UKV\GP IGHCPIGPGT )GTOCPG WPF VTCWGTPFG )GTOCPKP $/% XCT %QJ XCT 4+% XCT $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK UGJT UEJÌP

&GT 4GXGTU DG\KGJV UKEJ XGTOWVNKEJ CWH GKPGP GTHQNITGKEJGP (GNF\WI IGIGP FKG %JCVVGP KO ,CJT

8975

8976

&WRQPFKWU 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N (KFGU UVGJV N OKV JTGP WPF (TÒEJVGMQTD $/% %QJ 4+% $TCWPG 2CVKPC MN -QTTQUKQPUUVGNNG UGJT UEJÌP

#U 4QO I +/2 %#'5 &1/+6 #8) )'/ UKE %15 :++ %'05 2'4 22 -QRH T OKV .QTDGGTMTCP\ #GIKU N /CTU IGJV N OKV 8KEVQTKC WPF 6TQRJ·G $/% XCT %QJ 4+% XCT )TÒPDTCWPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

8978 8977

8977

#U 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 8KTVWU UVGJV T OKV 5RGGT WPF 2CTC\Q PKWO (W CWH *GNO $/% %QJ 4+% $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ %15 :++++ 5·WNG FCTCWH .7& 5#'% ('% $/% %QJ 4+% 5GJT UEJÌP

&KG NWFK UCGEWNCTGU FGU &QOKVKCPWU KO ,CJT YCTGP (GKGTP PCEJ FGT CWIWUVGKUEJGP 5·MWNCT·TC HCPFGP LGFQEJ UGEJU ,CJTG XGTHTÒJV UVCVV

214

8979

8980

#U 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT QRHGTV N FCXQT *CTHGP WPF .[TCURKGNGT KO *KPVGTITWPF UGEJUU·WNKIGT 6GORGN $/% %QJ 4+% C 44 )TÒPG 2CVKPC MN -QTTQUKQPUUVGNNGP UQPUV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N -CKUGT UVGJV N OKV $NKV\ WPF <GRVGT XQP 8KEVQTKC DGMT·P\V $/% #PO %QJ XCT 4+% XCT (CUV UGJT UEJÌP

8981

8982

8983

8984

3WCFTCPU 4QO I &TCRKGTVG $ÒUVG FGT /KPGTXC T OKV *GNO 'WNG UVGJV T %QJ 4+% 4 (CUV UGJT UEJÌP

3WCFTCPU 4QO I 5% 4JKPQEGTQU T $/% %QJ 4+%

$TCWPG 2CVKPC UGJT UEJÌP

3WCFTCPU 4QO I 5% 4JKPQEGTQU T $/% %QJ 4+% &WPMNG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

3WCFTCPU 4QO I 5% 4JKPQEGTQU N $/% %QJ 4+%

$TCWPG 2CVKPC UGJT UEJÌP

8986

8985

U 2JKNKRRQRQNKU 6JTCEKC I -QRH T OKV .QTDGGTMTCP\ 5VCFVIÌVVKP OKV -CNCVJQU 2C VGTC WPF JTGP UVGJV N FCXQT NCIGTV (NWIQVV *GDTQU OKV 5EJKNHTQJT 42% &WPMGNDTCWPG 2CVKPC HGKPGT 5VKN IWVGU UGJT UEJÌP

#UUCTKC 0KMCKC $KVJ[PKC I -QRH T OKV .QTDGGTMTCP\ &KQP[UQU UVGJV N OKV -CPVJCTQU WPF 6J[TUQU CWH 'NGHCPVGPMQRH 42% 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

&GT 'NGHCPVGPMQRH DG\KGJV UKEJ CWH +PFKGP FCU &KQP[UQU OKV FGO 6J[TUQU UVCVV FGO 5RGGT WPF OKV (GUV CPUVGNNG XQP 5EJNCEJVGPOWUKM ÒDGTYWPFGP JCDGP UQNN

215

8988

8987

Õ %KUVQRJQT WO WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG QFGT 4QO I -QRH T OKV .QTDGGT MTCP\ .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP 42% 4 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ %KUVQRJQT WO WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG QFGT 4QO I -QRH T OKV .QTDGGT MTCP\ $ÒPFGN XQP UGEJU JTGP 42% 'VYCU MQTTQFKGTV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

8990

8989

8991

&TCEJOG 4JQFQU %CTKC I -QRH T OKV 5VTCJNGPDKPFG 0KMG UVGJV T OKV -TCP\ WPF 2CNO \YGKI 42% $TCWPITÒPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG 6CTUQU %KNKEKC I -QRH T OKV .QTDGGTMTCP\ 6[EJG UKV\V T CWH (GN UGP OKV 2CNO\YGKI WPVGP UEJYKOOGPFGT (NWIQVV -[FPQU 2TKGWT 42% 5GJT UEJÌP

8993

8992

8994

Õ &KFTCEJOG ,CJT %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ 8KEVQ TKC GKNV T OKV -TCP\ WPF 2CNO\YGKI 42% 5[F 5GJT UEJÌP

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #GIKU N #FNGT UVGJV T CWH $NKV\ FCXQT 2CNO\YGKI 2TKGWT 42% -N -TCV\GT UGJT UEJÌP

U PCEJ %CGUCTGC +WFCGC I -QRH N OKV .QTDGGTMTCP\ /KPGTXC UVGJV N OKV 5EJKNF WPF GTTKEJVGV 6TQRJ·G 42% &WPMGNITÒPG 2CVKPC GVYCU $GNCI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

216

8995

8995 1,5:1

U %CGUCTGC +WFCGC I -QRH T OKV 5VTCJNGPDKPFG 2CNOG 42% 4 $TCWPG 2CVKPC UGJT UEJÌP

8996

8997

OKV #ITKRRC ++ U ,CJT %CGUCTGC 2CPGCU +WFCGC I -QRH T OKV .QTDGGTMTCP\ 5% 42% &WPMNG 2CVKPC HCUV UGJT UEJÌP

HÒT 6KVWU WPF #ITKRRC ++ U ,CJT FGU #ITKRRC ++ %CGUCTGC 2CPGCU +WFCGC I &TCRKGTVG $ÒUVG FGU 6KVWU T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI 42% ! )TÒPG 2CVKPC IGTKPI GTJCNVGPpUEJÌP

8998

8999

0GTXC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTW FGT WPF (ÒNNJQTP $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 2CVKPC IWVGU UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 4WFGT WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

9000

9000 1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 2.'$'+ 84$#0#' (48/'061 %1056+6861 /QFKWU OKV UGEJU JTGP WPF GKPGT /QJPMWIGN $/% %QJ 4+% 4 $TCWPG 2CVKPC MN 2T·IGUEJY·EJG CO 4CPF UGJT UEJÌP

&GT 4GXGTU UVGJV XGTOWVNKEJ KP <WUCOOGPJCPI OKV FGT 'TTKEJVWPI PGWGT )GVTGKFGURGKEJGT FWTEJ 0GTXC UKGJG $/% R ZNKZ

217

9001

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ <YGK /CWNVKGTG YGKFGP FCJKPVGT &GKEJUGN $/% %QJ 4+% $TCWPG 2CVKPC MN (GJNUVGNNG CWH FGO 4GXGTU (GNFGT OKP IGIN·VVGV UGJT UEJÌP 'ZGORNCT FGT (TKGFTKEJ %QNNGEVKQP #WMVKQP 0#% <ÒTKEJ 0T 'KPG 2T·IWPI CWH FKG $GHTGKWPI +VCNKGPU XQP FGP *CPF WPF 5RCPPFKGPUVGP HÒT FKG MCKUGTNKEJG 2QUV

9003

9002

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG .KDGTVCU UVGJV N OKV 2KNGWU WPF <GRVGT $/% XCT %QJ 4+% $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP $/% %QJ 4+% )TÒPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

9004

9005

Õ %KUVQRJQT WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG QFGT 4QO I -QRH T OKV .QTDGGT MTCP\ <YGKU·WNKIGT 6GORGN FCTKP -WNVUVCVWG FGT &KCPC XQP 2GTIG $/% %QJ 4+% 5GJT UEJÌP

Õ %KUVQRJQT WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG QFGT 4QO I -QRH T OKV .QTDGGTMTCP\ <YGKU·WNKIGT 6GORGN FCTKP UVGJV FGT -CKUGT OKV <GRVGT XQP YGKDNKEJGT )GUVCNV DGMT·P\V $/% %QJ XCT 4+% XCT 4 5GJT UEJÌP

9006

9007

Õ 6GVTCFTCEJOG ,CJT #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #GIKU N #FNGT T CWH $NKV\ FCXQT 2CNO\YGKI 2TKGWT 5GJT UEJÌP

U #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ +P -TCP\ 5% $WVEJGT C &WPMNG 2CVKPC JQJGU 4GNKGH MPCRRGT 5EJTÌVNKPI UGJT UEJÌP

9008

218

4GUVKVWVKQP HÒT &KXWU #WIWUVWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5% $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC -QTTQUKQPUUVGNNG CWH FGT 4ÒEMUGKVG UGJT UEJÌP

9010

9009

6TCKCPWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8GUVC UKV\V N OKV 2CVGTC WPF (CEMGN $/% %QJ 4+% (CUV XQT\ÒINKEJ

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG #GIKU N #DWPFCPVKC UKV\V N OKV <GRVGT $/% %QJ 4+% XCT &WPMNG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT

9012

9013

9011

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 2CZ UKV\V N OKV <YGKI WPF <GRVGT $/% #PO %QJ 4+% XCT )TÒPG 2CVKPC UGJT UEJÌP UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV &CPWDKWU NCIGTV N OKV 2TQTC $/% %QJ 4+% 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV (GNKEKVCU UVGJV N OKV %CFW EGWU WPF (ÒNNJQTP $/% %QJ 4+% (CUV XQT\ÒINKEJ

9014

9015

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV JTGP WPF (ÒNNJQTP \YKUEJGP /QFKWU WPF 2TQTC $/% %QJ 4+% #VVTCMVKXGU 'ZGORNCT OKV HGKPGT 6ÌPWPI UGJT UEJÌPpXQT\ÒINKEJ

Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC IGJV T OKV <YGKI WPF -TCP\ $/% %QJ 4+% 4 5GJT UEJÌP

9016

9017

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #TCDKC UVGJV N OKV <YGKI WPF 5V·DGP FCXQT -COGN N $/% %QJ 4+% 5EJYCT\G 2CVKPC UGJT UEJÌP

YWTFG FCU 0CDCV·GTTGKEJ XQP 4QO CPPGMVKGTV 'U YKTF CWH FGT /ÒP\G CWUFTÒEMNKEJ FWTEJ #4#$ KC #&38+5 KVC FCTCWH JKPIGYKGUGP FC #TCDKGP GTYQTDGP PKEJV CDGT GTQDGTV YWTFG

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 4QOC UKV\V N OKV 8KEVQTKC WPF 5RGGT $/% %QJ 4+% $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

219

9018

9019

9020

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 5RGU IGJV N OKV $NWOG $/% XCT %QJ 4+% )TÒPG 2CVKPC HCUV XQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC UVGJV T WPF DGHG UVKIV 5EJKNF OKV FGT #WHUEJTKHV 8+% &#% CP 2CNOG $/% %QJ XCT 4+% )TÒPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV -CKUGT KP 6TKWORJCN SWCFTKIC N OKV <YGKI WPF #FNGT\GRVGT $/% %QJ 4+% )TÒPG 2CVKPC (GNFGT FGT 8QTFGTUGKVG OKP IGIN·VVGV UGJT UEJÌP

9021

9022

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 6TCKCP TGKVGV T WPF UEJNGW FGTV 5RGGT CWH IGUVÒT\VGP &CMGT $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV HCUV UGJT UEJÌP UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <YGKI WPF <GRVGT CWH 6JTQP FGT CWH GKPGT IKTNCPFGPIGUEJOÒEMVGP 2NCVVHQTO UVGJV N WPF T LG \YGK #FNGT WPF GKP HNGJGP FGT )GHCPIGPGT GKPG HNKGIGPFG 8KEVQTKC DGMT·P\V FGP -CKUGT $/% XCT %QJ 4+% 44 $TCWPG 2CVKPC UGJT UEJÌP

9023

9024

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N (NWIQVV &CPWXKWU N FTÒEMV &CEKC PKGFGT $/% #PO %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N 6TCWGTPFG &CEKC UKV\V N CWH 5EJKNFGP FCXQT 6TQRJ·G $/% XCT %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

220

9026

9025

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 6TCWGTPFG &CEKC UKV\V N CWH 5EJKNFGP FCXQT 6TQRJ·G $/% HH %QJ XGTIN 4+% )TÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV $TÒEMG FCTWPVGT CPMGTPFGU $QQV $/% %QJ 4+% 4 $TCWPG 2CVKPC MN 4CPFHGJNGT UGJT UEJÌP

'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

9027

9028

9029

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ %KTEWU /CZKOWU KO +PPGTGP 5RKPC WPF 1DGNKUM $/% %QJ 4+% 44 $TCWPG (NWRCVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV %KTEWU /CZKOWU KO +PPG TGP 5RKPC WPF 1DGNKUM $/% #PO %QJ 4+% 44 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 4GKEJ IGUEJOÒEMVGT 6TK WORJDQIGP $/% %QJ XGTIN 4+% 4 &WPMNG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T &GT 4GXGTU UVGNNV OKV JQJGT 9CJTUEJGKPNKEJMGKV FGP 6TKWORJDQIGP CO 'KPICPI FGU (QTWO 6TCKCPK FCT

9030

9031

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #EJVU·WNKIGT 6GORGN FCTKP 5VCVWG FGT *QPQU ! $/% %QJ 4+% 4 $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #EJVU·WNKIGT 6GORGN FCTKP 5VCVWG FGT *QPQU ! $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T

221

9032

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #EJVU·WNKIGT 6GORGN XQP \YGK 2QTVKMGP HNCPMKGTV KO +PPGTGP 5VCVWG FGU ,WRKVGT X X $/% %QJ 4+% 44 &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 5EJYGK\GTKUEJGT $CPMXGTGKP <ÒTKEJ 0T FGT 5COONWPI 9CNVGT 0KIIGNGT +++ #WMVKQP $CPM .GW /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T FGT 5COONWPI *CNN ++ #WMVKQP )NGPFKPKPI .QPFQP 0T FGT #WMVKQP 5QVJGD[ .QPFQP XQO ,WPK 0T FGT 5COONWPI %CTHTCG #WM VKQP 5QVJGD[ 9KNMKPUQP *QFIG .QPFQP XQO ,WNK 0T WPF FGT 5COONWPI 2TQURGT &WRT¾

9033

9034

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG N FTCRKGTV -CKUGT TGKVGV T WPF UEJNGWFGTV 5RGGT CWH &CMGT $/% %QJ 4+% )TÒPG 2CVKPC IWVGU UGJT UEJÌP

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG N FTCRKGTV 6TCWGTPFGT &CMGT UKV\V N CWH 9CHHGP FCXQT 6TQRJ·G $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

9035

9036

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG N FTCRKGTV $TÒEMG FCTWPVGT CP MGTPFGU $QQV $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV -CKUGT TGKVGV T WPF UEJNGWFGTV 5RGGT CWH IGUVÒT\VGP &CMGT $/% #PO %QJ 4+% XGTIN &WPMNG 2CVKPC UGJT UEJÌP

9038

9039

9037

#U 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #EJVU·WNKIGT 6GORGN FCTKP 5VCVWG FGT *QPQU ! $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KC 6TCKCPC NCIGTV N OKV 4CF WPF <YGKI $/% %QJ 4+% 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG 8KC 6TCKCPC YCT GKPG XQP 6TCKCP GTDCWVG 5VTCG XQP $GPGXGPV PCEJ $TWPFKUKWO

222

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 4GKVGTUVCVWG 6TCKCPU N OKV 5RGGT WPF 5EJYGTV $/% %QJ XCT 4+% XCT 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI

9040

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV JTGP WPF (ÒNN JQTP FCXQT 6QICVWU $/% XCT %QJ 4+% XCT 4 &WPMNG 2CVKPC (GNFGT OKP IGIN·VVGV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9041

9041 1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #38# 64#+#0# 5234 126+/1 24+0%+2+ 5% (NWIQVV NCIGTV N OKV 5EJKNH WPVGT $QIGP $/% %QJ XGTIN 4+% XCT 4 $TCWPG 2CVKPC UGJT UEJÌP &KG #SWC 6TCKCPC YCT GKP XQP 6TCKCPWU HÒT 4QO PGW GTDCWVGU #SW·FWMV

9042

9043

9044

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (CUUCFG FGT $CUKNKEC 7NRKC $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC 5EJTÌVNKPIUTK UEJÌPpUGJT UEJÌP

&KG $CUKNKEC 7NRKC FKG CWH FGO 6TCKCPUHQTWO UVCPF YCT OKV GKPGT .·PIG XQP O WPF GKPGT $TGKVG XQP O FKG ITÌVG LGOCNU KP 4QO GTDCWVG $CUKNKMC

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &CEKC UKV\V N CWH (GNUGP OKV .GIKQPUCFNGT XQT KJT \YGK -KPFGT GKPGU OKV JTG FCU CPFGTG OKV 9GKPVTCWDG $/% XCT %QJ XCT 4+% XCT 4 $TCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP *CWEM #WHJ·WUGT /ÒPEJGP 0T

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 1MVCIQPCNGT *CHGP 6TCKCPU KO *CHGPDGEMGP FTGK 5EJKHHG $/% 5 #PO %QJ 4+% XCT 8QP ITQGT 5GNVGPJGKV $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T 6TCKCP NKG DGK %GPVWOEGNNCG JGWVG %KXKVCXGEEJKC GKPGP PGWGP *CHGP CPNGIGP FGT CWH WPUGTGO 5VÒEM CDIGDKNFGV KUV

223

9045

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KC 6TCKCPC NCIGTV N OKV 4CF WPF <YGKI $/% %QJ XGTIN 4+% )TÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

8GTIN \WT 8KC 6TCKCPC FKG #POGTMWPI \W 0T

9047

9046

9048

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG N FTCRKGTV #38# 64#+#0# 5234 126+/1 24+0%+2+ 5% (NWIQVV NCIGTV N OKV 5EJKNH WPVGT $QIGP $/% 5 XCT %QJ XGTIN 4+% XCT )TÒPG 2CVKPC MN 5EJTÌVNKPIUTK OKP MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

8GTIN \WT #SWC 6TCKCPC FKG #POGTMWPI \W 0T

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KC 6TCKCPC NCIGTV N OKV 4CF $/% %QJ KTTVÒONKEJG $GUEJTGKDWPI 4+% KTTVÒONKEJG $GUEJTGKDWPI 4 )TÒPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

#U 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 8KC 6TCKCPC NCIGTV N OKV 4CF $/% %QJ XCT 4+% XCT $TCWPG 2CVKPC HCUV UGJT UEJÌP

9049

9049 1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UKV\V CWH 2NCVVHQTO T FCPGDGP \YGK 1HHK\KGTG FCXQT GKP YGKVGTGT 1HHK\KGT WPF UGEJU 5QNFCVGP $/% XCT %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP 'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T #WH FGT 4ÒEMUGKVG KUV GKPG #FNQEWVKQ FCTIGUVGNNV

224

9051

9050

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 4')0# #&5+)0#6# -CK UGT UKV\V N CWH 2NCVVHQTO PGDGP KJO 2T·HGMV WPF 5QNFCV FCXQT FTGK -ÌPKIG $/% %QJ 4+% 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

&KG FTGK -ÌPKIG FGPGP KJTG 4GKEJG \WIGVGKNV YWTFGP UKPF 2CTVJCOCUKTKU XQP #TOGPKGP #DICT XQP 1UTJQGPG WPF 2CTVJCOCURCVGU XQP 2CTVJKGP

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG (GNKEKVCU UVGJV N OKV %C FWEGWU WPF (ÒNNJQTP $/% %QJ 4+% $TCWPG 2CVKPC IWVGU UGJT UEJÌP

9052

9053

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 6TCKCPUU·WNG $/% 5 #PO %QJ 4+% 4 )TÒPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5RGGT WPF 5EJYGTV N WPF T NCIGTP 'WRJTCV 6KITKU WPF #TOGPKC $/% %QJ 4+% 4 )TÒPDTCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T &KGUGU 5VÒEM HGKGTV FKG 'KPINKGFGTWPI FGT DGKFGP PGWGP 2TQXKP\GP #TOGPKGP WPF /GUQRQVCOKGP KP FCU 4GKEJ

9054

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6TCKCP UKV\V N CWH 2NCVVHQTO WPF DGMT·P\V 2CTVJCOCURCVGU FCXQT MPKGV 2CTVJKC FCJKPVGT UVGJV 5QNFCV $/% %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT 5COONWPI .GQ $GP\ #WMVKQP .CP\ /ÒPEJGP 0T +O ,CJTG IKPIGP FKG 2CTVJGT KP FKG 1HHGPUKXG IGIGP 6TCKCP FGT KP $CD[NQP OKV 8GTYCNVWPIUCWHICDGP DGHCV YCT 0CEJ CPH·PINKEJGP RCTVJKUEJGP 'THQNIGP UKG XGTPKEJVGVGP FCU *GGT FGU #RRKWU /CZKOWU 5CPVTC UKGJG *CTV OCPP )GTJCTFV #D #TUCEG ECGUWU GUV 'KP RCTVJKUEJGT (GNFJGTT CWU FGT <GKV 6TCKCPU WPF *CFTKCPU KP )ÌVVKPIGT (QTWO HÒT #NVGTVWOUYKUUGPUEJCHV 5 HH IGNCPI GU 6TCKCP 2CTVJCOCURCVGU \WO 8GTTCV CP FGT RCTVJKUEJGP 5CEJG \W DGYGIGP WPF GT OCEJVG KJP \WT $GNQJPWPI KP -VGUKRJQP \WO -ÌPKI FGT 2CTVJGT

9055

9056

9055

3WCFTCPU 4QO I &TCRKGTVG $ÒUVG FGU *GTEWNGU T OKV .QTDGGTMTCP\ 'DGT T $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP HCUV UGJT UEJÌP

#UUCTKC 2GTKPVJQU 6JTCEKC I -QRH T OKV .QTDGGTMTCP\ &KQP[UQU UVGJV N OKV -CPVJCTQU WPF 6J[TUQU FCXQT 2CPVJGT 5EJÌPGTV XGTIN 4 &WPMNG 2CVKPC UGJT UEJÌP

225

9057

9058

Õ %KUVQRJQT WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ $ÒPFGN XQP UGEJU JTGP $/% XCT %QJ XCT 4+% XCT 44 5GJT UEJÌP

U 5CTFGKU .[FKC . $CGDKWU 6WNNWU -QRH T OKV .QTDGGTMTCP\ 6TQRJ·G \YKUEJGP \YGK )GHCPIGPGP 5VWORH 0WOKUOCVKUEJG 5VWFKGP \WT %JTQPQNQIKG FGT TÌOKUEJGP 5VCVVJCNVGT KP -NGKPCUKGP 5CCTDTÒEMGP 0T 4 &WPMGNITÒPG 2CVKPC UEJÌP UGJT UEJÌP

9059

9060

Õ &TCEJOG N[MKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ <YGK .[TCG FCTÒDGT 'WNG 50) X #WNQEM 5GJT UEJÌP

U 0KPKEC %NCWFKQRQNKU %KNKEKC I -QRH T OKV .QTDGGTMTCP\ <GWU UKV\V N OKV J TGP WPF <GRVGT $/% -WDKVUEJGM 0KPKEC %NCWFKQRQNKU KP 0< 50) (TCPEG 50) .G XCPVG <KGINGT /ÒP\GP CWU MNGKPGTGP FGWVUEJGP 5COONWPIGP 8QP ITQGT 5GNVGPJGKV &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9062

9061

#U ÌUVNKEJG /ÒP\UV·VVG %[RTWU! QFGT 4QO I -QRH T OKV 5VCJNGPDKPFG N TWPFGT )GIGPUVGORGN 5VKGTMQRH +P -TCP\ 5% $/% %QJ 4+% )GIGPUVGORGN *QYIGIQ $TCWPG 2CVKPC UGJT UEJÌP

U -QKPQP FGT )CNCVGT )CNCVKC 6 2QORQPKWU $CUUWU I -QRH T OKV .QTDGGTMTCP\ &GOGVGT UKV\V N OKV JTGP WPF <GRVGT 5VWORH 0WOKUOCVKUEJG 5VWFKGP \WT %JTQPQNQIKG FGT TÌOKUEJGP 5VCVVJCN VGT KP -NGKPCUKGP 5CCTDTÒEMGP 0T 4 $TCWPG 2CVKPC NGKEJV MQTTQFKGTV IWVGU UGJT UEJÌP

9063

9064

Õ 6TKFTCEJOG %CGUCTGC %CRRCFQEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -WNV DKNF FGT #TVGOKU 2GTICKC KP \YGKU·WNKIGO 6GORGN 5[F 5GJT UEJÌP

Õ 6TKFTCEJOG %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV $ÒPFGN XQP UGEJU JTGP 5[F 5GJT UEJÌP

226

9066

9065

Õ 6TKFTCEJOG %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ #GIKU N .GIK QPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP 5[F -N 2TÒHUVGNNG CO 4CPF UGJT UEJÌP

Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #RQNNQ UVGJV N OKV .QTDGGT\YGKI 2HGKN WPF $QIGP 5[F 5GJT UEJÌP

9068

9067

9069

Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TC RKGTVG $ÒUVG FGT #TVGOKU N OKV 5RGGT WPF 2CVGTC 5[F (CUV UGJT UEJÌP

U XQT 4QO ! HÒT FGP 7ONCWH KP 5[TKGP I -QRH T OKV .QTDGGTMTCP\ <YGK <GKNGP 5EJTKHV KP -TCP\ $WVEJGT &WPMGNITÒPG 2CVKPC UGJT UEJÌP

U XQT 4QO ! HÒT FGP 7ONCWH KP 5[TKGP I -QRH T OKV .QTDGGTMTCP\ <YGK <GKNGP 5EJTKHV KP -TCP\ $WVEJGT $TCWPG 2CVKPC YKP\ &TWEMUVGNNG UGJT UEJÌP

9070

1,5:1

9070

9071

1,5:1

9071

U #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ +P -TCP\ 5% $/% 4QO $WVEJGT %QKPCIG KP 4QOCP 5[TKC .QPFQP 8QP ITQGT 5GNVGPJGKV $TCWPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

U #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ +P -TCP\ 5% $/% 4QO $WVEJGT %QKPCIG KP 4QOCP 5[TKC .QPFQP 8QP ITQGT 5GNVGPJGKV &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9072

9073

U PCEJ 5GNGWMGKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ 5EJTGKP FGU <GWU -CUKQU FCTCWH #FNGT KO +PPGTGP $CKV[N $WVEJGT C &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

U -[TTJQU %[TTJGUVKEC I -QRH T OKV .QTDGGTMTCP\ 5EJTKHV KP -TCP\ $WVEJGT &WPMNG 2CVKPC UGJT UEJÌP

227

9075

9074

Õ 6GVTCFTCEJOG 6[TQU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X CWH $NKV\ -QRH T OKV -TCP\ KO 5EJPCDGN 2TKGWT -N -TCV\GT UGJT UEJÌP

Õ 6TKFTCEJOG 6[TQU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU /GN SCTV T OKV .QTDGGTMTCP\ 2TKGWT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9076

9077

9078

Õ &KFTCEJOG 6[TQU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV N OKV 2CNO \YGKI FCXQT -GWNG 2TKGWT 4 (GKPG 6ÌPWPI UGJT UEJÌP

Õ 6GVTCFTCEJOG 6[TQU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X CWH -GWNG -QRH N 2TKGWT 5GJT UEJÌP

Õ 6GVTCFTCEJOG ,CJT 6[TQU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ ÒDGT #FNGT FCJKPVGT -GWNG 6[EJG UKV\V T OKV JTGP FCTWPVGT 1TQPVGU 2TKGWT 4 5GJT UEJÌP

9079

9080

Õ &TCEJOG 2GVTC ! #TCDKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -COGN UVGJV N 5[F %CGUCTGC 5GJT UEJÌP

HÒT #WIWUVWU U 2GTICOQP /[UKC I -QRH T OKV .QTDGGTMTCP\ 8KGTU·WNKIGT 6GORGN KO +PPGTGP 5VCVWG FGU #WIWUVWU 42% 4 $TCWPG 2CVKPC HCUV UGJT UEJÌP

9081

9082

*CFTKCPWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 4QOC UKV\V T OKV 5RGGT WPF TGKEJV FGO -CKUGT FKG *CPF $/% %QJ 4+% 4 $TCWPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

#P UGKPGO FKGU KORGTKK FGO #WIWUV DGHCPF UKEJ *CFTKCP KO 1UVGP 'TUV KO ,WPK QFGT ,WNK VTCH FGT -CK UGT KP 4QO GKP FKGUGU 'TGKIPKU HGKGTV WPUGT 5GUVGT\

228

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% C $TCWPG 2CVKPC MN -TCV\GT UGJT UEJÌP

9083

9083 1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 4'.+37# 8'6'4# *5 018+'5 /+.. #$1.+6# .KEVQT UVGJV N OKV (CUEGU WPF UGV\V GKPGP 5VCRGN 5EJWNFUEJGKPG KP $TCPF $/% XCT %QJ XCT 4+% D 4 &WPMGNITÒPG 2CVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

&GT 4GXGTU HGKGTV FGP ITQGP 5EJWNFGPGTNC *CFTKCPU %CUUKWU &KQ UCIV 5QDCNF GT PCEJ 4QO MCO GTNKG GT CNNG 5EJWNFGP CP FGP (KUEWU WPF FCU #GTCTKWO KPFGO GT GKPGP <GKVTCWO XQP UGEJ\GJP ,CJTGP HGUVUVGNNVG KPPGTJCND FGUUGP FKGU $GPGHKEKWO IGNVGP UQNNVG 5RCTVKCP GTY·JPV CWUFTÒEMNKEJ FKG OKV FGO 5EJWNFGPGTNC XGTDWPFGPG 8GTDTGPPWPI FGT 5EJWNFUEJGKPG FKG CWH FGT /ÒP\G FCTIGUVGNNV KUV

9085

9084

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV 5EJTKHVTQNNG WPF GT JGDV YGKDNKEJG )GUVCNV OKV /CWGTMTQPG WPF )NQDWU $/% %QJ 4+% C 4 $TCWPG 2CVKPC UGJT UEJÌP

3WCFTCPU 4QO I #FNGT UVGJV T -QRH N $NKV\ $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9086

9087

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 2WFKEKVKC UKV\V N KO #D UEJPKVV )NQDWU $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 5KGDGP 5VGTPG ÒDGT /QPFUK EJGN $/% %QJ 4+% 5GJT UEJÌP

9088

9089

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ NKPMU FTCRKGTV &KCPC UVGJV T OKV 2HGKN WPF $QIGP $/% %QJ XCT 4+% D $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 0GRVWP UVGJV N OKV #ETQ UVQNKWO WPF &TGK\CEM FGP TGEJVGP (W CWH 2TQTC IGUGV\V $/% %QJ XGTIN 4+% &WPMNG 2CVKPC #XGTU GVYCU MQTTQFKGTV UGJT UEJÌP IWVGU UGJT UEJÌP

229

9090

9091

9092

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ N FTCRKGTV 8KTVWU UVGJV N OKV 2CTC\QPKWO WPF 5RGGT (W CWH *GNO $/% %QJ XGTIN 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV -CKUGT UVGJV N XQT 6GORGN OKV CWUIGUVTGEMVGT 4GEJVGP FCXQT FTGK $ÒTIGT $/% %QJ XGTIN 4+% 4 $TCWPG 2CVKPC MN -TCV\GT UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV -CKUGT TGKVGV N OKV GTJQDG PGT 4GEJVGP $/% %QJ 4+% $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9093

9093 1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )CNGGTG N $/% XCT %QJ XCT 4+% 4 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

9095 9094

9096

Õ &GPCT 4QO I -QRH T #HTKEC NCIGTV N OKV 'NGHCPVGPJCWDG XQT (ÒNNJQTP $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV )'4/#0+# )GTOCPKC UVGJV N OKV 5RGGT WPF 5EJKNF $/% %QJ 4+% XGTIN 4 5GJT UEJÌPpXQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV T WPF GTJGDV )CNNKC $/% %QJ 4+% 5GJT UEJÌP 'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

230

9097

9099

9098

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N WPF GTJGDV *KURCPKC FC \YKUEJGP *CUG $/% %QJ 4+% 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 2CNNCFKWO WPF 5RGGT $/% %QJ 4+% $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK OKP MQTTQFKGTV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UVGJV T OKV 2CVGTC WPF HÒVVGTV GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9100

9100 1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #');2615 #GI[RVWU NC IGTV N OKV 5KUVTWO FCXQT +DKU CWH 5·WNG $/% %QJ 4+% 4 )N·P\GPFG DTCWPG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT

9101

9102

9103

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #HTKEC NCIGTV N OKV JTGP WPF (ÒNNJQTP $/% #PO %QJ 4+% )TÒPDTCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG N #NGZCPFTKC NCIGTV N OKV JTGP WPF 9GKPTCPMG FGP N 'NNGPDQIGP CWH -QTP IGUVÒV\V FCXQT JTGP $/% #PO %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &CEKC UKV\V N OKV 8GZKNNWO WPF -TWOOUEJYGTV $/% %QJ 4+% .GKEJV MQTTQFKGTV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP .CP\ /ÒPEJGP 0T

231

9104

9105

9106

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T *KURCPKC NCIGTV N OKV <YGKI FGP N 'NNGPDQ IGP CWH (GNU IGUVÒV\V $/% XCT %QJ 4+% &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /#8 4'6 #0+# /CWTGVC PKC UVGJV N OKV \YGK 5RGGTGP WPF J·NV 2HGTF CO <ÒIGN $/% %QJ XCT 4+% 44 $TCWPG 2CVKPC UGJT UEJÌP

/CWTGVCPKC GPVURTKEJV FGO JGWVKIGP /CTQMMQ WPF GKPGO 6GKN #NIGTKGPU *KGT YKTF FKG 2TQXKP\ FWTEJ GKPGP OCWTK UEJGP 4GKVGT U[ODQNKUKGTV &KG IGHÒTEJVGVGP OCWTKUEJGP -TKGIGT YCTGP UGKV FGO \YGKVGP 2WPKUEJGP -TKGI CP XKGNGP -TKGIGP DGVGKNKIV UQ JCDGP UKG W C CP 6TCKCPU &CMGTMTKGIGP VGKNIGPQOOGP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T -CKUGT WPF #HTKEC OKV 'NGHCPVGPUMCNR 2CVGTC WPF JTGP UVGJGP GKPCPFGT IGIGPÒDGT FC\YKUEJGP #NVCT WPF 1RHGTUVKGT $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌP

9107

9108

9109

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT WPF #HTKEC OKV 'NG HCPVGPUMCNR 2CVGTC WPF JTGP UVGJGP GKPCPFGT IGIGPÒDGT FC\YKUEJGP #NVCT WPF 1RHGTUVKGT $/% %QJ 4+% 4 &WPMNG 2CVKPC NGKEJVG 5EJÒTHUVGNNG CWH FGO #XGTU UGJT UEJÌP

'ZGORNCT FGT (TKGFTKEJ %QNNGEVKQP #WMVKQP 0#% <ÒTKEJ XQO #RTKN 0T

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5EJTKH VTQNNG FCXQT UVGJV +VCNKC N OKV (ÒNNJQTP WPF 2CVGTC WPF QRHGTV ÒDGT #NVCT $/% %QJ 4+% *GTTNKEJG JGNNDTCWPG 2CVKPC IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT GTJGDV #HTKEC $/% %QJ 4+% $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

9GIGP FGU 2NCV\DGFCTHU FGT 4ÒEMUGKVGPFCTUVGNNWPI DGUVGJV FKG UEJÌPG 4GUVKVWVQT 5GTKG XQTYKGIGPF CWU 5GUVGT\GP \W YGKNGP XGTXQNNUV·PFKIV FWTEJ &WRQPFKGP WPF #UUG CDGT CWEJ #WTGK WPF &GPCTG /KV FKGUGT 5GTKG YKTF FGT -CKUGT CNU 9KGFGTCWHTKEJVGT HQNIGPFGT 2TQXKP\GP .CPFUEJCHVGP WPF 5V·FVG IGHGKGTV *KURCPKC )CNNKC +VCNKC 5KEKNKC /CEGFQPKC #EJCKC $KVJ[PKC 0KEQOGFKC #UKC 2JT[IKC #TCDKC WPF #HTKEC 9CTWO FKGUG CWUIGY·JNV YWTFGP WPF UQ XKGNG CP FGTG HGJNGP KUV WPDGMCPPV

232

9110

9110 1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 4'5 6+68614+ $+6*;0+#' -CKUGT UVGJV N WPF GTJGDV $KVJ[PKC OKV 5VGWGTTWFGT $/% %QJ 4+% 5EJYCT\G 2CVKPC MN 5EJÒTHUVGNNG CWH FGO #XGTU HCUV XQT\ÒINKEJ XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

9111

9112

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T -CKUGT GTJGDV )CNNKC $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T -CKUGT UVGJV T WPF GTJGDV *KURCPKC OKV <YGKI FC\YKUEJGP *CUG $/% %QJ 4+% $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

9113

9114

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP \YKUEJGP \YGK -KPFGTP $/% %QJ 4+% $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK 5EJTÌVNKPIUHGJNGT CWH FGO #XGTU UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT WPF 4QOC TGKEJGP UKEJ FKG *CPF $/% XGTIN %QJ 4+% &WPMNG 2CVKPC (GNFGT RQNKGTV IWVGU UGJT UEJÌP UGJT UEJÌP

9115

9116

#U 4QO I -QRH T #GI[RVWU NCIGTV N OKV 5KUVTWO FCXQT +DKU CWH 5·WNG $/% %QJ 4+% XCT $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T -CKUGT GTJGDV )CNNKC $/% %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

233

9117

9118

9119

U -QKPQP /CMGFQPQP /CEGFQPKC I -QRH T OKV .QTDGGTMTCP\ $NKV\ #/0) )TÒPG 2CVKPC UGJT UEJÌP

Õ %KUVQRJQT 0KEQOGFKC $KVJ[PKC I -QRH T OKV .QTDGGTMTCP\ #EJVU·WNKIGT 6GO RGN FGT 4QOC WPF FGU #WIWUVWU /GVECNH $ 1DX 4GX 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP 2GWU 0CEJH (TCPMHWTV CO /CKP 0T

U -QKPQP XQP $KVJ[PKGP $KVJ[PKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #EJVU·WNKIGT 2TQXKP\KCNVGORGN 9CFFKPIVQP 4GE IGP 4 $TCWPG 2CVKPC ªDGTRT·IWPIUURWTGP HCUV UGJT UEJÌP

9120

9121

U -QKPQP XQP $KVJ[PKGP $KVJ[PKC I -QRH T OKV 5VTCJNGPDKPFG #EJVU·WNKIGT 2TQXKP\KCN VGORGN KO 2GFKOGPV GKPG -WIGN 9CFFKPIVQP 4GE IGP 4 )TÒPDTCWPG 2CVKPC MN -TCV\GT UGJT UEJÌP

U -QKPQP XQP $KVJ[PKGP $KVJ[PKC I -QRH T OKV .QTDGGTMTCP\ #EJVU·WNKIGT 2TQXKP\KCNVGO RGN KO 2GFKOGPV FTGK -WIGNP 9CFFKPIVQP 4GE IGP XCT 4 &WPMNG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

9122

9123

Õ %KUVQRJQT PCEJ WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV $ÒPFGN XQP UGEJU JTGP /GVECNH /KPV ' 1DX 4GX 44 5GJT UEJÌP

Õ %KUVQRJQT PCEJ WPDGUVKOOVG MNGKPCUKCVKUEJG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T OKV .QT DGGTMTCP\ $ÒPFGN XQP UGEJU JTGP /GVECNH XGTIN 1DX 4GX 44 5GJT UEJÌP

9124

9125

Õ %KUVQRJQT PCEJ 'RJGUWU I -QRH T -WNVUVCVWG FGT #TVGOKU 'RJGUKC \W FGP 5GKVGP *KTUEJG /GVECNH 5VGORGN PKEJV XGT\GKEJPGV #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

Õ %KUVQRJQT 'RJGUQU +QPKC I -QRH T -WNVUVCVWG FGT #TVGOKU 'RJGUKC QJPG *KTUEJG /GVECNH 44 5GJT UEJÌP

234

9127

9126

Õ %KUVQRJQT 5O[TPC +QPKC I -QRH T &KG DGKFGP 0GOGUGKU XQP 5O[TPC UVGJGP GKPCPFGT IGIGPÒDGT /GVECNH 6[R 1DX 4GX (GKPG 6ÌPWPI IWVGU UGJT UEJÌP

Õ %KUVQRJQT 5O[TPC +QPKC I -QRH T -[DGNG UKV\V N OKV /CWGTMTQPG 2CVGTC WPF 6[ORCPQP \W KJTGP (ÒGP .ÌYG /GVECNH 6[R 1DX ! 4GX -N -TCV\GT UGJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T &GT 4GXGTU DKNFGV FKG DGTÒJOVG 5VCVWG FGT -[DGNG KP 5O[TPC CD FKG #IQTCMTKVQU GKP 5EJÒNGT FGU 2JGKFKCU KO UR·VGP ,CJTJWPFGTV X %JT IGUEJCHHGP JCV

9128

9129

Õ %KUVQRJQT PCEJ /[NCUC %CTKC I -QRH T -WNVUVCVWG FGU <GWU .CDTCWPFQU X X OKV &QRRGNCZV WPF 5RGGT /GVECNH 1DX 4GX 4 $TGKVGU IWV \GPVTKGTVGU UGJT UEJÌPGU 'ZGORNCT

U *[TMCPGKU .[FKC 6 #XKFKWU 3WKGVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &KQP[UQU UVGJV N OKV -CPVJCTQU WPF 6J[TUQU $/% +OJQQH $NWOGT .[FKUEJG 5VCFVOÒP\GP 5VWORH 0WOKUOCVKUEJG 5VWFKGP \WT %JTQPQNQIKG FGT TÌOKUEJGP 5VCVVJCNVGT KP -NGKPCUKGP 5CCTDTÒEMGP 0T 4 )N·P\GPFG FWPMGNITÒPG 2CVKPC UGJT UEJÌP

9130

9131

Õ %KUVQRJQT PCEJ *KGTCRQNKU 2JT[IKC I &TCRKGTVG $ÒUVG T #RQNNQ UVGJV T OKV 2NGM VTQP WPF .[TC /GVECNH FKGUG 5VGORGN PKEJV XGT\GKEJPGV 4 ªDGTRT·IV CWH GKPGP %KUVQRJQT FGU /CTEWU #PVQPKWU UGJT UEJÌP

Õ %KUVQRJQT PCEJ .CQFKMGKC 2JT[IKC I -QRH T <GWU .CQFKMGKQU UVGJV N OKV #FNGT WPF <GRVGT /GVECNH 4 -N &TWEMUVGNNG CWH FGO 4GXGTU UGJT UEJÌP

9132

9133

Õ 6GVTCFTCEJOG ,CJT #KIGCK %KNKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV N CWH *CTRC -QRH T KO #DUEJPKVV <KGIGPDQEM 2TKGWT 44 5GJT UEJÌP

Õ 6GVTCFTCEJOG 6CTUQU %KNKEKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV .ÌYG N UEJN·IV 5VKGT N 2TKGWT (GKPG 6ÌPWPI UGJT UEJÌP

&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 WOUVTKVVG PGP &GWVWPI FGU /KVJTCUMWNVDKNFGU CNU 5[ODQN FGT XQP *KRRCTEJ GPVFGEMVGP 2T·\GUUKQP FGT SWKPQMVKGP 7NCPUG[ &KG 7TURTÒPIG FGU /KVJTCUMWNVGU -QUOQNQIKG WPF 'TNÌUWPI KP FGT #PVKMG 5VWVVICTV

235

2:1

9134 2:1

Õ *GOKFTCEJOG ,CJT %CGUCTGC %CRRCFQEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI 5[F 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJGU 2TCEJVGZGORNCT

9136 1,5:1

9135

1,5:1

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV X X CWH FGO $GKP GKPGU 1RHGTVKGTGU -QRH N 2TKGWT # 5GJT UEJÌP

U #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ +P -TCP\ 5% $WVEJGT 4 #XGTU FG\GPVTKGTV UGJT UEJÌP

9137

9138

9139

U ,CJT 6TKRQNKU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV &TC RKGTVG $ÒUVGP FGT &KQUMWTGP T OKV 2KNGK WPF .QTDGGTMT·P\GP $/% HH &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

WPF 5CDKPC Õ %KUVQRJQT ,CJT #KIGCK %KNKEKC I -QRH T OKV .QTDGGT MTCP\ N FTCRKGTV &TCRKGTVG $ÒUVG T OKV 5VGRJCPG /GVECNH 2TKGWT 44 5GJT UEJÌP

'ZGORNCT FGT #WMVKQP )KGUUGPGT /ÒP\JCPFNWPI /ÒPEJGP 0T

HÒT 5CDKPC #U 4QO I &TCRKGTVG $ÒUVG T %GTGU UKV\V N OKV JTGP WPF (CEMGN $/% %QJ 4+% 4QVDTCWPG 2CVKPC UGJT UEJÌP

9141

9140

U -QKPQP XQP $KVJ[PKGP $KVJ[PKC I &TCRKGTVG $ÒUVG T OKV 5VGRJCPG #EJVU·WNKIGT 2TQXKP \KCNVGORGN 9CFFKPIVQP 4GE IGP 4 $TCWPG 2CVKPC HCUV UGJT UEJÌP

HÒT #GNKWU Õ &GPCT 4QO I -QRH T (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 6ÌPWPI UGJT UEJÌP

236

9142

9143

5GUVGT\ 4QO I -QRH T 5RGU IGJV N OKV $NWOG $/% %QJ 4+% $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T 2CPPQPKC UVGJV N OKV 8GZKNNWO $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9144

HÒT #PVKPQWU /GFCKNNQP 6KQP $KVJ[PKC I &TCRKGTVG $ÒUVG N #PVKPQQU TGKVGV T CWH 2CPVJGT $NWO 44 $TCWPG 2CVKPC (GNFGT IGIN·VVGV HCUV UGJT UEJÌP UEJÌP

9145

9146

#PVQPKPWU + 2KWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ /CWTGVCPKC UVGJV N OKV -TQPG WPF 5RGGT $/% %QJ 4+% 4 $TCWPG 2CVKPC IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #PPQPC UVGJV T OKV JTGP WPF (ÒNNJQTP \YKUEJGP /QFKWU WPF 2TQTC $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9147

9148

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ <GJPU·WNKIGT 6GORGN FGT 8GPWU WPF FGT 4QOC KO +PPGTGP 5VCVWG FGT 4QOC $/% %QJ 4+% 4 $TCWPG 2CVKPC MN (GKNUVGNNG CO 4CPF UGJT UEJÌP

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 $TCWPG 2CVKPC UGJT UEJÌP

237

9150

9149

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 9ÌNHKP UVGJV T KP *ÌJNG WPF U·WIV 4QOWNWU WPF 4GOWU $/% %QJ 4+% 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5GEWTKVCU UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9151

9152

9153

9154

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 6KDGT NCIGTV N OKV 5EJKNH FKG T *CPF CWH 5EJKHH IGUVÒV\V $/% %QJ 4+% C 4 &WPMNG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC KP 3WCFTKIC T $/% #PO %QJ 4+% $TCWPG 2CVKPC GVYCU MQTTQFKGTV HCUV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ $/% #PO %QJ 4+% 4 $TCWPG 2CVKPC -QTTQUKQPUUVGNNGP UQPUV 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 4 $TCWPG 2CVKPC UGJT UEJÌP HCUV UGJT UEJÌP

9155

238

9156

&WRQPFKWU 4QO I -QRH T OKV 5VTCJNGPDKPFG )GPKWU FGU 5GPCVGU UVGJV N OKV <YGKI WPF <GRVGT $/% %QJ XGTIN 4+% C $TCWPG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU HCUV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV (CEMGN WPF (ÒNNJQTP WPF GPV\ÒPFGV 9CHHGP $/% %QJ XGTIN 4+% $TCWPG 2CVKPC UGJT UEJÌP

9158

9157

#U 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV +P -TCP\ 24+/+ &'%'0 0#.'5 %15 ++++ 5% $/% #PO %QJ XCT 4+% D XCT &WPMNG 2CVKPC UGJT UEJÌP

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 'NGHCPV OKV 2CP\GT T $/% %QJ 4+% C $TCWPG 2CVKPC 4ÒEMUGKVG GVYCU FG\GPVTKGTV UGJT UEJÌP

&GT 4GXGTU DG\KGJV UKEJ YCJTUEJGKPNKEJ CWH 5RKGNG CPN·NKEJ FGU \GJPL·JTKIGP 4GIKGTWPIULWDKN·WOU FGU -CKUGTU

9160

9161

9159

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV JTGP WPF /Q FKWU T 2TQTC $/% 5 #PO %QJ 4+% 4 &WPMNG 2CVKPC IWVGU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8GUVC UVGJV N OKV 5KORWNWO WPF 2CNNC FKWO $/% %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ #EJVU·WNKIGT 6GORGN FGU &KXWU #W IWUVWU KO +PPGTGP UKV\GP #WIWUVWU WPF .KXKC X X $/% %QJ 4+% C )WVGU UGJT UEJÌP

9162

9162 1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #EJVU·WNKIGT 6GORGN FGU &KXWU #W IWUVWU $/% %QJ 4+% &WPMNG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT

#PVQPKPWU 2KWU NKG FGP 6GORGN FGU &KXWU #WIWUVWU TGUVCWTKGTGP FGT UKEJ YKG CWU GKPGT 0QVK\ DGK 5WGVQP %CNKIWNC JGTXQTIGJV \YKUEJGP 2CNCVKP WPF %CRKVQN DGHCPF

9164 9163

9163

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 6QICVWU UVGJV KP \YGKU·WNKIGO 6GORGN T CWH %KRRWU OKV <GRVGT WPF <YGKI $/% XGTIN HH %QJ 4+% )TÒPG 2CVKPC HCUV UGJT UEJÌP

3WCFTCPU 4QO I -QRH FGU /CTU T OKV *GNO 2CP\GT %QJ 4+% &WPMNG 2CVKPC MN -QTTQUKQPUUVGNNG CWH FGO #XGTU CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

239

9166

9165

9167

3WCFTCPU 4QO I -QRH FGU /CTU T OKV *GNO 2CP\GT FCJKPVGT 5RGGT %QJ XGTIN 4+% XGTIN &WPMNG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

U #PVKQEJKC 2KUKFKC I -QRH FGU /GP N OKV RJT[IKUEJGT /ÒV\G CWH /QPFUKEJGN *CJP UVGJV T 8GTIN -T\[\CPQYUMC 5 4 )TÒPG 2CVKPC UGJT UEJÌP

U #GNKC %CRKVQNKPC +WFCGC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &KG &KQUMWTGP UVGJGP X X OKV .CP\GP FKG -ÌRHG GKPCPFGT \WIGYCPFV /GUJQTGT $TCWPG 2CVKPC UGJT UEJÌP

9168

9169

U ,CJT )C\C ,WFCGC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGT 6[EJG T OKV 5EJNGKGT $/% (CUV UGJT UEJÌP

HÒT (CWUVKPC OCVGT 5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T 2WNXKPCT FGT ,WPQ FCTCP NGJPV N <GRVGT FCXQT UVGJV 2HCW $/% XGTIN %QJ 4+% $TCWPG 2CVKPC (GNFGT IGIN·VVGV UGJT UEJÌP

9170

9171

9172

WPF &KXC (CWUVKPC OCVGT U #GNKC %CRKVQNKPC +WFCGC I -QRH T OKV .QTDGGTMTCP\ &TC RKGTVG $ÒUVG T OKV 5EJNGKGT /GUJQTGT &WPMNG 2CVKPC HCUV UGJT UEJÌP

HÒT &KXC (CWUVKPC OCVGT Õ &GPCT PCEJ 4QO I &TCRKGTVG $ÒUVG T %GTGU UVGJV N OKV JTGP WPF (CEMGN $/% %QJ 4+% 5VGORGNINCP\

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T ,WPQ UVGJV N OKV GTJQDGPGT 4GEJVGP WPF <GRVGT $/% %QJ 4+% $TCWPG 2CVKPC HCUV UGJT UEJÌP

9173

9173 1,5:1

240

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT &KXC (CWUVKPC N KP 'NGHCPVGP DKIC CWH FGP 'NGHCPVGP /CJQWVU $/% %QJ 4+% 4 5EJÌPG (NWRCVKPC OKP MQTTQFKGTV IWVGU UGJT UEJÌP

9175

9174

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 2KGVCU UVGJV N WPF QRHGTV ÒDGT #NVCT $/% %QJ XGTIN 4+% # $TCWPG 2CVKPC IWVGU UGJT UEJÌP UGJT UEJÌP

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T 5GEJUU·WNKIGT 6GORGN FGT &KXC (CWUVKPC CWH FGO &CEJ 3WCFTKIC \YKUEJGP \YGK 8KEVQTKGP $/% %QJ 4+% 4 $TCWPG 2CVKPC 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

9176

9177

9178

HÒT (CWUVKPC HKNKC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2WFKEKVKC UVGJV N $/% %QJ 4+% C 5VGORGNINCP\

WPF /CTEWU #WTGNKWU Õ &GPCT PCEJ 4QO I -QRH T &TCRKGTVG $ÒUVG T $/% #PO %QJ 4+% D )WVGU UGJT UEJÌP

Õ &GPCT PCEJ 4QO I -QRH T OKV .QTDGGTMTCP\ -QRH T $/% %QJ 4+% C 5GJT UEJÌP

9179

9180

5GUVGT\ PCEJ 4QO I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG N $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

U %[RTWU I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T $/% 50) %QR 6\KCO DC\KU 4 $TCWPG 2CVKPC UGJT UEJÌP

9181

9182

U %[RTWU I -QRH T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG T $/% 50) %QR 6\KCO DC\KU 4 $TCWPG 2CVKPC UGJT UEJÌP

HÒT /CTEWU #WTGNKWU 5GUVGT\ 4QO I -QRH T N FTCRKGTV *KNCTKVCU UVGJV N OKV 2CNO\YGKI WPF (ÒNNJQTP $/% %QJ 4+% C &WPMNG 2CVKPC UGJT UEJÌP

241

9183

9184

5GUVGT\ 4QO I -QRH T /CTEWU #WTGNKWU WPF (CWUVKPC HKNKC TGKEJGP UKEJ FKG *CPF FC\YKUEJGP %QPEQTFKC $/% %QJ 4+% C 4 $TCWPG 2CVKPC UGJT UEJÌP

U 'WOGPGKC 2JT[IKC I &TCRKGTVG $ÒUVG T 4GKVGTIQVV <GWU 5CDC\KQU! T OKV &QRRGNCZV $/% $TCWPG 2CVKPC UGJT UEJÌP

9186

9185

#PVQPKPWU ++ /CTEWU #WTGNKWU 5GUVGT\ 4QO I -QRH T N FTCRKGTV /CTEWU #WTGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF $/% %QJ 4+% &WPMNG 2CVKPC GVYCU MQTTQFKGTV (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UVGJV N OKV 2CVGTC WPF <GRVGT WPF HÒVVGTV GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG $/% %QJ 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9187

9188

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 24+/+ &'%'0 0#.'5 %15 +++ 5% KP 'KEJGPMTCP\ $/% %QJ 4+% 4 $TCWPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV IWVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT QRHGTV N ÒDGT &TGK HW WPVGP 1RHGTUVKGT $/% XCT %QJ XCT 4+% XCT &WPMGNITÒPG 2CVKPC UGJT UEJÌP HCUV UGJT UEJÌP

9189

9189 1,5:1

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KGTU·WNKIGT 6GORGN FGU /GTEWT KO +PPGTGP 5VCVWG FGU )QVVGU $/% %QJ 4+% 4 &WPMNG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP &GT ·I[RVKUEJG 5VKN FGU 6GORGNU NGIV GKPG 8GTDKPFWPI OKV FGO DGTÒJOVGP 4GIGPYWPFGT FGT 3WCFGPUEJNCEJV PCJG

242

9191

9190

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 8+%6 )'4/ +/2 8+ %15 +++ 5% KP .QTDGGTMTCP\ $/% %QJ 4+% 4 $TCWPG 2CVKPC MN (GJNUVGNNG CWH FGO 4GXGTU UGJT UEJÌP

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 9CHHGP $/% XCT %QJ XCT 4+% XCT &WPMGNITÒPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

5GKV FKG /CTEQOCPPGP WPF 3WCFGP KPU 4GKEJ GKPIGFTWPIGP YCTGP HÒJTVG /CTEWU #WTGNKWU KO 0QTFGP FGU 4GK EJGU -TKGI OÌINKEJGTYGKUG OKV FGO <KGN \YGK PGWG 2TQXKP\GP /CTEQOCPPKC WPF 5CTOCVKC GKP\WTKEJVGP 7PUGT 5VÒEM HGKGTV GKPGP FGT )GTOCPGPUKGIG FGU -CKUGTU

9193

9192

9194

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV (ÒNNJQTP WPF GPV\ÒPFGV OKV GKPGT (CEMGN GKPGP 9CHHGPJCWHGP $/% XCT %QJ 4+% &WPMNG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ /CTU UVGJV T OKV 5RGGT WPF 5EJKNF $/% %QJ 4+% (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF <GRVGT $/% 5 #PO %QJ 4+% 4 $TCWPG 2CVKPC 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU XQT\ÒINKEJ HCUV XQT\ÒINKEJ

9195

9196

9195

U -QKPQP /CMGFQPQP /CEGFQPKC I -QRH T )GHNÒIGNVGT $NKV\ #/0) )TÒPG 2CVKPC HCUV UGJT UEJÌP

U ,CJT #OCUKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /CTEWU #WTGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF 9CFFKPIVQP 4GE IGP DKU )TÒPDTCWPG 2CVKPC UGJT UEJÌP

9197

U ,CJT 0KPKEC %NCWFKQRQNKU %KNKEKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGT MTCP\ /CTEWU #WTGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF 50) (TCPEG 50) .GXCPVG 4 $TCWPG 2CVKPC UVGNNGPYGKUG UEJYCEJ CWUIGRT·IV UGJT UEJÌPpXQT\ÒINKEJ

243

9199

9198

Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ $GTI #TICKQU FCTCWH 5VGTP 5[FGPJCO 5GJT UEJÌP

HÒT &KXWU #PVQPKPWU 5GUVGT\ 4QO I -QRH T 5VCVWG FGU #PVQPKPWU 2KWU CWH GKPGT 5·WNG $/% %QJ 4+% -N 5EJTÌVNKPIUTK DTCWPG 2CVKPC UGJT UEJÌP

#WH FGO 4GXGTU FÒTHVG FKG 'JTGPU·WNG FGU -CKUGTU CWH FGO /CTUHGNF FCTIGUVGNNV UGKP XQP FGT UKEJ NGKFGT PWT FKG $C UKU GTJCNVGP JCV

9201

9200

5GUVGT\ 4QO I -QRH T 5VCVWG FGU #PVQPKPWU 2KWU CWH GKPGT 5·WNG $/% %QJ 4+% )TÒPG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU IWVGU UGJT UEJÌP UGJT UEJÌP

HÒT (CWUVKPC HKNKC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T ,WPQ UVGJV N OKV -KPF \YKUEJGP \YGK -KPFGTP $/% %QJ 4+% $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

9202

9204

9203

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T ,WPQ UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT 2HCW $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T -[DGNG UKV\V T OKV 6TQOOGN \YKUEJGP \YGK .ÌYGP $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 6JTQP FCTCWH \YGK -KPFGT $/% %QJ XGTIN 4+% XGTIN &WPMGNITÒPG 2CVKPC UGJT UEJÌP

244

9205

1,5:1

9205

HÒT &KXC (CWUVKPC HKNKC 5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT &KXC H·JTV N KP 'NGHCPVGPDKIC OKV /CJQWVU $/% %QJ 4+% 44 &WPMGNITÒPG 2CVKPC HGKPGU 2QTVT·V IWVGU UGJT UEJÌP

9208 9206

9207

9209

5GUVGT\ PCEJ 4QO I &TCRKGTVG $ÒUVG T 2HCW HNKGIV T OKV &KXC $/% %QJ 4+% &WPMNG 2CVKPC UGJT UEJÌP

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

&KGUG 2T·IWPI GJTV FKG .GIKQ 8+ (GTTCVC FKG PCEJ FGT 0KGFGTNCIG FGU #PVQPKWU \WP·EJUV XQP #WIWUVWU PCEJ 5[TKGP FCPP PCEJ 2CN·UVKPC XGTUGV\V YQTFGP YCT WPF FKG YCJTUEJGKPNKEJ KO 2CTVJGTHGNF\WI FGU .WEKWU 8GTWU GKPG 4QNNG URKGNVG #WEJ OCI FKG JPNKEJMGKV FGT 0COGP #PVQPKWU WPF #PVQPKPWU GKPGP #PNC HÒT FKGUG 4GUVKVWVKQPURT·IWPI IGIGDGP JCDGP

HÒT &KXWU .WEKWU 8GTWU 5GUVGT\ 4QO I -QRH T &KXWU UKV\V T KP 'NGHCPVGP SWCFTKIC OKV XKGT /CJQWVU $/% %QJ 4+% 4 $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

9210

1,5:1

9210

HÒT %QOOQFWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /CTEWU #W TGNKWU WPF %QOOQFWU UKV\GP N CWH 2NCVVHQTO FCJKPVGT 5QNFCV FCXQT .KDGTCNKVCU OKV #DCEWU WPF GKP 6Q ICVWU $/% %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

245

9211

9212

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 9CHHGP KO #DUEJPKVV &' )'4/#0+5 $/% %QJ 4+% .GKEJV MQTTQFKGTV UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /KPGTXC UVGJV T OKV 5RGGT WPF 5EJKNF $/% XGTIN H %QJ XGTIN 4+% XGTIN HH 5GJT UGNVGPG 8CTKCPVG )TÒPG 2CVKPC UGJT UEJÌP

9213

9214

#UUCTKC 0KMCKC $KVJ[PKC I &TCRKGTVG $ÒUVG T 6TKRVQNGOQU KP 5EJNCPIGPDKIC T /KQPPGV 9CFFKPIVQP 4GE IGP 9GKUGT 44 $TCWPG 2CVKPC UGJT UEJÌP

.WEKWU 8GTWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ /CTEWU #W TGNKWU WPF .WEKWU 8GTWU TGKEJGP UKEJ FKG *CPF $/% %QJ 4+% )TÒPDTCWPG 2CVKPC UGJT UEJÌP

9215

9216

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV T OKV 6TQ RJ·G FCXQT UKV\V VTCWGTPFG #TOGPKC $/% XGTIN HH %QJ XGTIN 4+% XGTIN HH $TCWPG 2CVKPC HCUV UGJT UEJÌP

U #PVKQEJKC CF *KRRWO &GMCRQNKU I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 6[EJG UVGJV N OKV (ÒNNJQTP ! WPF J·NV 2HGTF CO <ÒIGN 5RKLMGTOCP 44 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9217

9218

HÒT .WEKNNC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2KGVCU UVGJV N WPF QRHGTV ÒDGT #NVCT $/% %QJ 4+% $TCWPG 2CVKPC HCUV UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 8GUVC UVGJV N OKV 5KORWNWO WPF 2CNNCFKWO XQT #NVCT $/% %QJ 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

246

9219

9220

1,5:1

%QOOQFWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ ,WRKVGT UKV\V N OKV 8KEVQTKC WPF <GRVGT $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

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+% 4 &WPMNG 2CVKPC CVVTCMVKXGU CWH DTGKVGO 5EJTÌVNKPI IGRT·IVGU 'ZGORNCT IWVGU UGJT UEJÌP

9222

9221

9223

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 XGTIN 4+% 4 )TÒPDTCWPG 2CVKPC NGKEJV IGIN·VVGV UGJT UEJÌPpXQT\ÒINKEJ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ #PPQPC UVGJV N OKV %QPEQTFKCUVCVWG WPF (ÒNNJQTP \YKUEJGP /QFKWU WPF 5EJKHH $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌPGU 'ZGORNCT

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UVGJV N OKV <YGKI WPF (ÒNNJQTP $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

9224

9225 9224

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ 5GEWTKVCU UKV\V N OKV )NQDWU $/% %QJ 4+% &WPMNG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

Õ &GPCT 4QO I -QRH T KO .ÌYGPHGNN -GWNG $/% %QJ 4+% 5GJT UEJÌP

247

9227

9226

#UUCTKC /CTMKCPQRQNKU /QGUKC KPHGTKQT I .GICV %CGEKNKWU /CVGTPWU I &TCRKGTVG $ÒUVG T <GWU UVGJV N OKV 2CVGTC WPF <GRVGT FCXQT #FNGT #/0) 8CTDCPQX 44 )TÒPG 2CVKPC UGJT UEJÌP HCUV UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

U $KVJ[PKQP *CFTKCPC $KVJ[PKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TCRKGTVG $ÒUVG FGU *GTOGU N ÒDGT FGT 5EJWNVGT -GT[MGKQP .KPFITGP %QNN # FKGU 'ZGORNCT 9CFFKPIVQP 4GE IGP 4 $TCWPG 2CVKPC UGJT UEJÌP

9228

9229

U 0KMQOGFKC $KVJ[PKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #EJVU·WNKIGT 6GORGN 9CF FKPIVQP 4GE IGP XGTIN $TCWPG 2CVKPC UGJT UEJÌP

U $CIGKU .[FKC 5VGRJCPGRJQTQU #RQNNQFQTQU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6[ EJG UVGJV N OKV 5VGWGTTWFGT WPF (ÒNNJQTP $/% XCT 50) X #WNQEM 4 5GJT UEJÌP

9230

U *KGTCRQNKU 2JT[IKC KP *QOQPQKC OKV 5CTFGKU .[FKC I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ &KG 6[EJGP XQP *KGTCRQNKU WPF 5CTFGKU UVGJGP GKPCPFGT IGIGPÒDGT WPF TGKEJGP UKEJ FKG *CPF (TCPMG 0QNN¾ FKGU 'ZGORNCT 8QP ITQGT 5GNVGPJGKV )TÒPDTCWPG 2CVKPC UGJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T

9233

9231

9232

9234

9232

Õ &KFTCEJOG %CGUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ $GTI #TICKQU 5[F )WVGU UGJT UEJÌP

HÒT &KXWU /CTEWU #WTGNKWU 5GUVGT\ 4QO I -QRH T #FNGT CWH $NKV\ T VT·IV /CTEWU #WTGNKWU IGP *KOOGN $/% %QJ 4+% 4 )TÒPG 2CVKPC UGJT UEJÌP

2GTVKPCZ Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .CGVKVKC UVGJV N OKV -TCP\ WPF <GRVGT $/% %QJ 4+% C 4 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N FKG *·PFG \W GKPGO 5VGTP GTJQDGP $/% %QJ 4+% C 4 -N 5EJTÌVNKPIUTK UGJT UEJÌP

248

9235

9235 1,5:1

&KFKWU ,WNKCPWU 5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ %QPEQTFKC UVGJV N OKV \YGK (GNF\GKEJGP $/% %QJ 4+% 4 $TCWPG 2CVKPC IWVGU 2QTVT·V UGJT UEJÌP 'ZGORNCT FGT 5COONWPI (TKGFTKEJ #WMVKQP 0WOKUOCVKEC #TU %NCUUKEC <ÒTKEJ 0T

1,5:1

9236

1,5:1

2GUEGPPKWU 0KIGT Õ &GPCT #PVKQEJKC I -QRH T OKV .QTDGGTMTCP\ *CNDOQPF FCT ÒDGT UKGDGP 5VGTPG $/% XGTIN %QJ XGTIN 4+% XGTIN C 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9238

9239

9237

%NQFKWU #NDKPWU 5GUVGT\ 4QO I -QRH T /KPGTXC UVGJV N OKV 1NKXGP \YGKI 5RGGT WPF 5EJKNF $/% %QJ 4+% C 44 *GNNDTCWPG 2CVKPC UEJÌPpUGJT UEJÌP

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ 2TQXKFGPVKC UVGJV N OKV 5VCD WPF <GRVGT $/% XGTIN #PO %QJ 4+% XGTIN 44 4ÒEMUGKVG GVYCU FG\GPVTKGTV UGJT UEJÌP

5GRVKOKWU 5GXGTWU Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ )GPKWU UVGJV N OKV 2CVGTC WPF (ÒNNJQTP FCXQT #NVCT $/% %QJ 4+% 8QT\ÒINKEJGU 2TCEJVGZGORNCT

9240

9241

#U 4QO I -QRH T OKV .QTDGGTMTCP\ 4QOC UVGJV N OKV 2CTC\QPKWO 5RGGT WPF 5EJKNF $/% 5 #PO %QJ 4+% # )TÒPG 2CVKPC (GNFGT FGU #XGTUGU OKP IGIN·VVGV IWVGU UGJT UEJÌP

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGKVGV T OKV GTJQ DGPGT 4GEJVGP FCU 2HGTF YKTF XQP 8KTVWU IGHÒJTV $/% #PO %QJ 4+% 4 $TCWPG 2CVKPC UGJT UEJÌP

&CU 5VÒEM UVCOOV CWU GKPGT (GUVGOKUUKQP \WO 'KP\WI FGU PGWGP -CKUGTU KP 4QO 9KG FKG GPVDNÌVG $TWUV FGT (KIWT XQT FGO 2HGTF DGYGKUV JCPFGNV GU UKEJ PKEJV WO GKPGP 5QNFCVGP UQPFGTP WO 8KTVWU

249

9242

9243

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT TGKVGV N OKV 5RGGT FCXQT 5QNFCV $/% %QJ 4+% 4 5GJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 6TKWORJDQIGP $/% %QJ 4+% 44 )WVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP 0#% <ÒTKEJ 0T

9244

9245

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <YGKI WPF 5EJTKH VTQNNG $/% %QJ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N OKV 2CVGTC WPF <GRVGT FCXQT #NVCT $/% 5 E %QJ 4+% 8QT\ÒINKEJ

9246

1,5:1

#U 4QO I -QRH T OKV .QTDGGTMTCP\ #GIKU N ªDGTFCEJVG $TÒEMG FCTWPVGT $QQV $/% #PO %QJ 4+% D )WVGU UGJT UEJÌP 'ZGORNCT FGT #WMVKQP 5EJYGK\GTKUEJGT $CPMXGTGKP <ÒTKEJ 0T #DIGDKNFGV KUV XGTOWVNKEJ FGT 2QPU %GUVKWU FGT FKG 6KDGTKPUGN OKV FGO TGEJVGP 6KDGTWHGT XGTDCPF

9248

9247

9248

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5CNWU UKV\V N WPF HÒVVGTV 5EJNCPIG $/% %QJ 4+% 8QT\ÒINKEJ IWVGU UGJT UEJÌP

U 2CWVCNKC 6JTCEKC I -QRH T OKV .QTDGGTMTCP\ #UMNGRKQU OKV 5EJNCPIGPUVCD HNKGIV T CWH IGHNÒIGNVGT 5EJNCPIG 8CTDCPQX 4 $TCWPG 2CVKPC -QTTQUKQPUURWTGP IWVGU UGJT UEJÌP

9249

250

/GFCKNNQP 2GTKPVJQU 6JTCEKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ <YGK 6GORGN UVG JGP GKPCPFGT IGIGPÒDGT FCTÒDGT \YGK 2TGKUMTQPGP 5EJÌPGTV XGTIN 44 &WPMGNITÒPG 2CVKPC OKP MQTTQFKGTV UGJT UEJÌP

9250

9251

U PCEJ #PVKQEJKC 2KUKFKC I -QRH T OKV .QTDGGTMTCP\ /GP UVGJV T OKV <GRVGT WPF 8KEVQTKC CWH )NQDWU N *CJP -T\[\CPQYUMC #X :::+8 4X XGTIN )TÒPG 2CVKPC UGJT UEJÌP

U .CGTVGU %KNKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <GWU UKV\V N OKV $NKV\ WPF <GRVGT $/% 50) (TCPEG 50) .GXCPVG XGTIN 5WRRN 0T OKV UVGORGNINGKEJGO #XGTU $TCWPG 2CVKPC IWVGU UGJT UEJÌP

9252

9253

9253 1,5:1

9252

U %CUCTGC %CRRCFQEKC I -QRH T OKV .QTDGGTMTCP\ $KNF FGU #TICKQU CWH #NVCT 5[F XGTIN )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

WPF ,WNKC &QOPC #UUCTKQP 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT I -QRH T OKV .QTDGGT MTCP\ &TCRKGTVG $ÒUVG T #/0) 8CTDCPQX FQTV KTTVÒONKEJG .GUWPI FGT #XGTUNGIGPFG! 8QP ITQGT 5GNVGPJGKV &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

9254

/GFCKNNQP 2GTICOQP /[UKC /CIKUVTCV -NCWFKCPQU 6GTRCPFTQU I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT FC\YKUEJGP QXCNGT )GIGPUVGORGN $ÒUVG FGU %CTCECNNC T OKV .QTDGGTMTCP\ -CKUGTUVCVWG OKV 2CVGTC WPF <GRVGT CWH $CUKU FCTWPVGT VÌVGV GKP 8KEVKOCTKWU GKPGP 1RHGTUVKGT 50) (TCPEG )GIGPUVGORGN *QYIGIQ 44 $TCWPG 2CVKPC UGJT UEJÌP

9256

9255

U 5VTCVQPKMGKC %CTKC I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT WPVGP QXCNGT )GIGPUVGORGN -QRH T -WNVDKNF FGT #TVGOKU 'RJGUKC X X \YKUEJGP 5VGTP WPF *CNDOQPF UQYKG \YGK *KTUEJGP 50) X #WNQEM $TCWPG 2CVKPC HCUV UGJT UEJÌP

HÒT ,WNKC &QOPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UVGJV T OKV 2CNO \YGKI WPF #RHGN CP 5·WNG IGNGJPV $/% %QJ 4+% 8QT\ÒINKEJ

251

9257

9258

U ,CJT )CPITC )GTOCPKMQRQNKU 2CRJNCIQPKC I &TCRKGTVG $ÒUVG T 8KGT U·WNKIGT 6GORGN KO +PPGTGP 5VCVWG FGU <GWU XQP )CPITC 50) X #WNQEM 9CFFKPIVQP 4GE IGP 8QP ITQGT 5GNVGPJGKV $TCWPG 2CVKPC DTGKVGU UGJT UEJÌPGU 'ZGORNCT

U PCEJ #PVKQEJKC 2KUKFKC I &TCRKGTVG $ÒUVG T /GP UVGJV T OKV <GRVGT WPF 0KMG (W CWH 5VKGTMQRH N *CJP -T\[\CPQYUMC )TWRRG & #X ::+ 4X 5GRV 5GX )TÒPG 2CVKPC UGJT UEJÌP

9260

9259

9262

9261

HÒT %CTCECNNC Õ &GPCT .CQFKEGC CF OCTG I &TCRKGTVG $ÒUVG T /KPGTXC UVGJV N OKV 5RGGT WPF 5EJKNF $/% %QJ 4+% 5GJT UEJÌP

HÒT )GVC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 0QDKNKVCU UVGJV T OKV 2CNNCFKWO WPF <GRVGT $/% %QJ 4+% C 5GJT UEJÌP

Õ &GPCT WO 4QO I &TCRKGTVG $ÒUVG T 2TKP\ OKV <GRVGT KP 3WCFTKIC N $/% %QJ 4+% 44 )WVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ &GPCT .CQFKEGC CF OCTG I &TCRKGTVG $ÒUVG T 2TKGUVGTIGT·VG $/% %QJ 4+% (CUV 5VGORGNHTKUEJ

9264

9263

U ,CJT ! 0GQMCKUCTGKC 2QPVWU I &TCRKGTVG $ÒUVG T 8KGTU·WNKIGT 6GO RGN KO +PPGTGP 5VCVWG $/% XGTIN HH .KPFITGP %QNN /KQPPGV 9CFFKPIVQP 4GE IGP )TÒPG 2CVKPC HCUV UGJT UEJÌP

U 5GDCUVQRQNKU *GTCMNGQRQNKU 2QPVWU I &TCRKGTVG $ÒUVG T *GTCMNGUUVCVWG KP #TMCFG \YK UEJGP \YGK 6GORGNP 9CFFKPIVQP 4GE IGP XCT $TCWPG 2CVKPC XQT\ÒINKEJ

&KG &CVKGTWPI KUV PKEJV GKPFGWVKI NGUDCT

9265

9266

U /GVTQRQNKU +QPKC I &TCRKGTVG $ÒUVG T (NWIQVV #UVTCKQU NCIGTV N OKV 5EJKNH FKG .KPMG CWH 3WGNN WTPG IGUVÒV\V 50) X #WNQEM 50) %QR $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

#PVQPKPWU +++ %CTCECNNC Õ &GPCT .CQFKEGC CF OCTG I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% (GKPG 6ÌPWPI HCUV XQT\ÒINKEJ IWVGU UGJT UEJÌP

252

9269

9267

9268

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 5GEWTKVCU UKV\V T OKV <GRVGT FCXQT #NVCT $/% %QJ 4+% 8QT\ÒINKEJ UGJT UEJÌP

Õ 3WKPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% 44 5EJÌP

9271

9270

1,5:1

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ /CTU UVGJV N OKV 8KEVQTKC 5EJKNF WPF 5RGGT FCXQT UKV\V )GHCPIGPGT $/% %QJ 4+% C $TCWPG 2CVKPC HCUV UGJT UEJÌP

5GUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ %KTEWU /CZKOWU KO +PPGTGP 5RKPC OKV 1DGNKUM $/% %QJ 4+% D 44 &WPMGNDTCWPG 2CVKPC NGKEJV IGIN·VVGV IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP /ÒP\GP WPF /GFCKNNGP #) $CUGN 0T

9272

9273

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTCNKVCU UVGJV N OKV #DCEWU WPF (ÒNN JQTP $/% %QJ 4+% 5GJT UEJÌP

Õ #PVQPKPKCP 4QO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG &KCPC QFGT .WPC KP 5VKGT DKIC N $/% %QJ 4+% D 5GJT UEJÌP

9274

9275

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5QN KP 3WCFTKIC N $/% #PO %QJ 4+% E 5GJT UEJÌP

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG .ÌYG UVGJV N OKV 5VTCJNGP DKPFG WPF $NKV\ $/% %QJ 4+% F 5GJT UEJÌP IWVGU UGJT UEJÌP

253

9277

9276

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV 5RGGT (W CWH -TQMQFKN FCXQT UVGJV +UKU T OKV JTGP WPF 5KUVTWO $/% %QJ 4+% 4 5EJYCT\G 2CVKPC MN (GJNUVGNNG CWH FGO #XGTU UGJT UEJÌP 'ZORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &KG 4GXGTUFCTUVGNNWPI DG\KGJV UKEJ CWH FGP #WHGPVJCNV FGU -CKUGTU KP #NGZCPFTKC

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #GUEWNCR UVGJV X X OKV 5EJNCP IGPUVCD T )NQDWU $/% %QJ 4+% E 4 &WPMGNITÒPG 2CVKPC OKP MQTTQFKGTV CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP 5VGTPDGTI <ÒTKEJ 0T

9279

9278

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UKV\V N OKV 8KEVQTKC WPF <GRVGT FCXQT #FNGT $/% %QJ 4+% E )WVGU UGJT UEJÌP

Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\DÒPFGN WPF <GRVGT $/% %QJ 4+% 8QT\ÒINKEJ IWVGU UGJT UEJÌP

9280

9280 1,5:1

#UUCTKC ! 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ +O -TCP\ '868 :W% 61+% -;2+1+% 0+-1P1L P21%+ #/0) 8CTDCPQX 8QP ITQGT 5GNVGPJGKV )TÒPG 2CVKPC HCUV XQT\ÒINKEJ

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T &CU 9QTV -[TKQU *GTT KUV JCWRVU·EJNKEJ KO UCMTCNGP $GTGKEJ IGN·WHKI OCP FGPMG \ $ CP -[TKG GNGKUQP WPF GT UEJGKPV PWT UGJT UGNVGP CWH /ÒP\GP #WH WPUGTGO 5VÒEM DG\KGJV UKEJ -[TKQKU PKEJV CWH )ÌVVGT UQPFGTP CWH FKG DGKFGP -CKUGT 5GRVKOKWU 5GXGTWU WPF %CTCECNNC &KG +PUEJTKHV KUV GKP )NÒEMYWPUEJ FGT 5VCFV 0KMQRQNKU CP FKG 4GIGPVGP CPN· NKEJ FGT 'TJGDWPI FGU %CTCECNNC \WO #WIWUVWU #/0) 5

9281

9281 1,5:1

U #PEJKCNQU 6JTCEKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 5VCFVVQT \YKUEJGP \YGK 6ÒTOGP 8CTDCPQX $TCWPG 2CVKPC HCUV XQT\ÒINKEJGU 'ZGORNCT 'ZGORNCT FGT #WMVKQP $CPMJCWU #WHJ·WUGT /ÒPEJGP 0T

254

9283

9282

9284

U 2CWVCNKC 6JTCEKC I -QRH T OKV .QTDGGTMTCP\ 6GORGNDG\KTM XQP 2CWVCNKC +P FGT /KVVG 6GORGN FGU #UMNGRKQU CWH FGO $GTI FCTÒDGT GKP YGKVGTGT 6GORGN N GKP *ÌJNGPGKPICPI OKV -WNVDKNF ÒDGT \YGK MNGKPGP 6GORGNP T 5VCVWGP FGT FTGK %JCTKVGP WPF GKP YGKVGTGT MNGKPGT 6GORGN 8CTDCPQX XGTIN HH 8QP ITQGT 5GNVGPJGKV 5EJÌPpUGJT UEJÌP

U 2CWVCNKC 6JTCEKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ &KG FTGK %JCTKVGP \YGK UVGJGP X X FC\YKUEJGP UVGJV GKPG X JKPVGP 8CTDCPQX XGTIN 8QP ITQGT 5GNVGPJGKV (CUV UGJT UEJÌP

&KG &CTUVGNNWPI CWH FGO 4GXGTU ·JPGNV 4CHHCGNU )GO·NFG &KG FTGK )TC\KGP

#UUCTKC 5GTFKEC 6JTCEKC I -QRH T OKV .QTDGGTMTCP\ #UMNGRKQU UVGJV X X OKV 5EJNCP IGPUVCD 4W\KEMC &WPMNG 2CVKPC UGJT UEJÌP

9285

9286

9285 1,5:1

#UUCTKC 5GTFKMC 6JTCEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 'TQU TGKVGV T CWH .ÌYG 4W\KEMC XGTIN 8QP ITQGT 5GNVGPJGKV &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

U ,CJT <GNC 2QPVWU I -QRH T OKV .QTDGGTMTCP\ 5GEJUU·WNKIGT 6GORGN 9CFFKPIVQP 4GE IGP $TCWPG 2CVKPC UGJT UEJÌP

9288

9287

/GFCKNNQP *CFTKCPGKC /[UKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ WPF .CP\G *GTOGU UVGJV N OKV )GNFDÌTUG WPF -GT[MGKQP PGDGP KJO 9KFFGT FCXQT NCIGTV WPVGT GKPGO $CWO FGT (NWIQVV 4J[PFCMQU T 50) (TCPEG 44 $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

U #NGZCPFTKC 6TQCU 6TQCU I -QRH T OKV .QTDGGTMTCP\ 6GORGN FGU #RQNNQ 5OKP VJGWU KP &TGKXKGTVGNCPUKEJV KO +PPGTGP 5VCVWG FGU )QVVGU $GNNKPIGT 6TQ[ # 44 $TCWPG 2CVKPC UGJT UEJÌP

5OKPVJGWU DGFGWVGV /·WUG D\Y 4CVVGPXGTUEJNKPIGT &KGUGT $GKPCOG UVGJV OÌINKEJGTYGKUG KP <WUCOOGPJCPI OKV FGP 5GWEJGP FKG KO 6TQLCPKUEJGP -TKGI XQP #RQNNQ CWUIKPIGP &GT 6GORGN DGHCPF UKEJ UÒFNKEJ XQP #NGZCPFTKC 6TQCU

255

9289

9289 1,5:1

/GFCKNNQP 6CDCK %CTKC I /CIKUVTCV #RQNNQPKQU &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #TVGOKU UVGJV T WPF \KGJV 2HGKN CWU -ÌEJGT KJT IGIGPÒDGT UVGJV /GP OKV 2CVGTC WPF <GRVGT 50) %QR 44 &WPMGNDTCWPG 2CVKPC JQJGU 4GNKGH UGJT CVVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

9290

9291

U *[RCKRC .[FKC /CIKUVTCVG #WTGNKQU #VVCNQU WPF - #RQNNQPKQU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -WNVDKNF FGT #TVGOKU #PCKVKU X X T UVGJV *GNKQU OKV (CEMGN N $/% +OJQQH $NW OGT .[FKUEJG 5VCFVOÒP\GP /ÒPUVGTDGTI $GCOVGPPCOGP .GFGTGT 0GWG $GKVT·IG \WT CPVKMGP /ÒP\MWPFG KP 504 ::: 0T UVGORGNINGKEJ FQTV KTTVÒONKEJ #NGZCPFGT 5GXGTWU \WIGYKG UGP 8QP ITQGT 5GNVGPJGKV $TCWPG 2CVKPC IWVGU UGJT UEJÌP

#WH FGO XQP .GFGTGT DGUEJTKGDGPGP 'ZGORNCT FGT 5COONWPI 0CGIGNK YCT GKP DGVT·EJVNKEJGT 6GKN FGT .GIGPFG XGT UEJNKHHGP UQ FC GT GU KTTVÒONKEJ #NGZCPFGT 5GXGTWU \WIGYKGUGP JCV +O )GIGPUCV\ \W .GFGTGT UGJGP YKT KP FGO 5QP PGPIQVV PKEJV #RQNNQ 6[TKOPCKQU FC KJO CNNG #VVTKDWVG FKGUGU )QVVGU HGJNGP .GFGTGT UCJ KP FGO )GIGPUVCPF FGP FGT )QVV KP FGT 4GEJVGP J·NV GKPGP .QTDGGT\YGKI GU JCPFGNV UKEJ CDGT WO GKPG DTGPPGPFG (CEMGN

U *[RCKRC .[FKC /CIKUVTCVG #WTGNKQU #VVCNQU WPF - #RQNNQPKQU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -WNVDKNF FGT #TVGOKU #PCKVKU X X #WMVKQP 5VGTPDGTI <ÒTKEJ 0T FKGU 'ZGORNCT $/% +OJQQH $NWOGT .[FKUEJG 5VCFVOÒP\GP /KQPPGV /ÒPUVGTDGTI $GCOVGPPCOGP 44 $TCWPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT &GT #XGTU KUV UVGORGNINGKEJ OKV 0T

9292

9292 1,5:1

256

U -QVKCGKQP 2JT[IKC /CIKUVTCV +QWNKQU -QFTCVQU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -[DGNG KP .ÌYGPDKIC N OKV 6[ORCPQP $/% /KQPPGV 50) X #WNQEM 50) /ÒPEJGP 44 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9293

9294

9295

U PCEJ #PVKQEJKC 2KUKFKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /GP UVGJV T OKV <GRVGT WPF 0KMG (W CWH 5VKGTMQRH N *CJP -T\[\CPQYUMC )TWRRG & #X ::+++ 4X 5GRV 5GX

FKGUG 5VGORGNMQODKPCVKQP PKEJV XGT\GKEJPGV &WPMGNITÒPG 2CVKPC UGJT UEJÌP

U #PVKQEJKC 2KUKFKC I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI -T\[\CPQYUMC )TWRRG ' FKGUG 5VGORGN PKEJV XGT\GKEJPGV )TÒPG 2CVKPC UGJT UEJÌP

U #PVKQEJKC 2KUKFKC I -QRH T OKV .QTDGGTMTCP\ -CKUGT TGKVGV T OKV 5RGGT -T\[\CPQYUMC )TWRRG ( #X 4X &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9296

9297

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH T OKV -TCP\ KO 5EJPCDGN 2TKGWT XGTIN 8QT\ÒINKEJ UGJT UEJÌP

Õ 6GVTCFTCEJOG &COCUMQU %QGNGU[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 9KFFGTMQRH N 2TKGWT (CUV XQT\ÒINKEJ

9298

U *GNKQRQNKU %QGNGU[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TGKXKGTVGNCPUKEJV FGU 6GORGNU FGU ,WRKVGT *GNKQRQNKVCPWU $/% /KQPPGV 4 )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

&GT $CW FGU IGYCNVKIGP ,WRKVGTVGORGNU DGICPP WPVGT #PVQPKPWU 2KWU WPVGT %CTCECNNC YWTFG FCU 9GTM XQNNGPFGV #N NGKP FGT 8QTJQH FGU 6GORGNU YCT O NCPI ªDGT FGO YWEJVKIGP #NVCT CWH FGO O NCPIGP WPF O DTGKVGP #NVCTJQH NKG UR·VGT 6JGQFQUKWU + GKPG -KTEJG GTTKEJVGP

9299

9300

Õ 6GVTCFTCEJOG $GT[VWU 2JQGPKEKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 2TQTC 2TKGWT 8QT\ÒINKEJ

Õ 6GVTCFTCEJOG 6[TQU 2JQGPKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 2WTRWTUEJPGEMG 2TKGWT )WVGU UGJT UEJÌP

6[TQU YCT FCU <GPVTWO FGT 2WTRWTIGYKPPWPI /CP DGPÌVKIVG GVYC 2WRWTUEJPGEMGP /WTGZ VTWPEWNWU WO GKP )TCOO FGU GZVTGO VGWTGP (CTDUVQHHGU \W JGT\WUVGNNGP *GWVG DGVT·IV FGT 2TGKU HÒT GKP )TCOO 2WTRWT WO 'WTQ

257

9303 9301

9302

Õ 6GVTCFTCEJOG 6[TQU 2JQGPKEKC I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 2WTRWTUEJPGEMG 2TKGWT 5GJT UEJÌP HCUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG %CTTJCG /GUQRQVCOKC I -QRH T OKV 5VTCJNGPDKPFG #FNGT UVGJV X X -QRH T OKV -TCP\ KO 5EJPCDGN N 5VGTP WPVGP *CNDOQPF 2TKGWT -PCRRGT 5EJTÌVNKPI XQT\ÒINKEJGU 2TCEJVGZGORNCT

HÒT ,WNKC &QOPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T -[DGNG UVGJV N OKV 6[O RCPQP WPF <GRVGT CP 5·WNG IGNGJPV \W KJTGP (ÒGP .ÌYG $/% %QJ 4+% -N 5EJTÌVNKPIUTK UGJT UEJÌPpXQT\ÒINKEJ

9304

9305

9304

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T -CKUGTKP UKV\V N OKV <YGKI WPF <GRVGT $/% %QJ 4+% &WPMNG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8KGT 8GUVCNKPPGP QRHGTP ÒDGT #NVCT XQT 4WPFVGORGN FCDGK \YGK -KPFGT $/% %QJ 4+% 44 &WPMGNITÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

9308

9307

9306

WPF ,WNKC &QOPC #UUCTKC /CTMKCPQRQNKU /QGUKC KPHGTKQT .GICV 3WKPVKNNKCPWU I $GK FGT $ÒUVGP GKPCPFGT IGIGPÒDGT *[IKGKC UVGJV T WPF HÒVVGTV 5EJNCPIG #/0) 8CTDCPQX XCT (CUV XQT\ÒINKEJ

HÒT 2NCWVKNNC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T -CKUGT WPF -CKUGTKP TGKEJGP UKEJ FKG *CPF $/% %QJ 4+% 5GJT UEJÌP

&CU 5VÒEM YWTFG CPN·NKEJ FGT *QEJ\GKV FGU %CTCECNNC OKV 2NCWVKNNC IGRT·IV &KG CWGTIGYÌJPNKEJG .GIGPFG RTQRCIQ KORGTK FKG 0CEJMQOOGP FGT *GTTUEJCHV UVGJV ICP\ KO <GKEJGP FGT $GOÒJWPIGP FGU 5GRVKOKWU 5GXGTWU ÒDGT UGKPG 5ÌJPG %CTCECNNC WPF )GVC GKPG PGWG &[PCUVKG CWH\WDCWGP FKG FGO 4GKEJ 5KEJGTJGKV WPF 5VCDKNKV·V ICTCPVKGTGP UQNN /KV FGT *GKTCV FGU 6JTQPHQNIGTU YKTF FKG *QHHPWPI CWH 0CEJMQOOGPUEJCHV WPF FCOKV FGP (QTVDGUVCPF FGT *GTTUEJCHV FGT 5GXGTGT XGTDWPFGP

258

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF <GRVGT $/% %QJ 4+% C 5GJT UEJÌP

9309

9310

)GVC #UUCTKC 2GTKPVJQU 6JTCEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5VCFVIÌVVKP UVGJV N OKV CEJVU·WNKIGT 6GORGNHTQPV WPF (ÒNNJQTP T GKP \YGKVGT CEJVU·WNKIGT 6GORGN 5EJÌPGTV 4 $TCWPG 2CVKPC MN 5EJTÌVNKPIUTK OKP MQTTQFKGTV HCUV XQT\ÒINKEJ

U #PVKQEJKC 2KUKFKC I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI -T\[\CPQYUMC )TWRRG ' #X :8++ 4X ! &WPMNG 2CVKPC UGJT UEJÌP

9311

9312

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X CWH FGO $GKP GKPGU 1RHGTVKGTGU -QRH T OKV -TCP\ KO 5EJPCDGN 2TKGWT 5GJT UEJÌP

/CETKPWU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT $/% #PO %QJ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

9313

9314

Õ &GPCT 4QO I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5GEWTKVCU UVGJV N OKV <GRVGT CP 5·WNG IGNGJPV $/% %QJ 4+% )WVGU UGJT UEJÌP

9315

9316

9317

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5GEWTKVCU UVGJV N OKV <GRVGT CP 5·WNG IG NGJPV $/% XCT %QJ XCT 4+% XCT 4 &WPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

#UUCTKC 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT .GICV #ITKRRC I -QRH T OKV .QTDGGT MTCP\ -CKUGT KP 3WCFTKIC T XQP 0KMG DGMT·P\V FCXQT GKP 5QNFCV OKV 8GZKNNWO FCTÒDGT 6TQRJ·G \YKUEJGP \YGK )GHCPIGPGP #/0) 8CTDCPQX FKGU 'ZGORNCT CDIGDKNFGV 44 -N 5EJTÌVNKPIUTK DTCWPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG 'OGUC 5[TKC I -QRH T OKV .QTDGGTMTCP\ #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 5JCOCUJDÒUVG N OKV 5VTCJNGPDKPFG 2TKGWT #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

259

9318

9319

HÒT &KCFWOGPKCPWU 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 2TKP\ UVGJV N OKV 5VCPFCTVG WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% 5GJT UEJÌP

9320

9321

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 5RGU UVGJV T OKV $NWOG WPF TCHHV KJT -NGKF $/% %QJ 4+% 5GJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCPFCTVG WPF <GRVGT FCJKPVGT \YGK 5VCPFCTVGP $/% %QJ 4+% $TCWPG 2CVKPC OKP MQTTQFKGTV (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

9323

9322

U 6[TQU 2JQGPKEKC I &TCRKGTVG $ÒUVG T &GT /GNSCTVVGORGN KP &TGKXKGTVGNCPUKEJV $/% /KQPPGV 4QWXKGT 50) %QR 4 &WPMGNITÒPG 2CVKPC NGKEJV MQTTQFKGTV MN 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU UGJT UEJÌP

#PVQPKPWU +8 'NCICDCN Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5CNWU UVGJV T OKV 2CVGTC WPF HÒVVGTV 5EJNCPIG $/% %QJ 4+% #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9324

1,5:1

260

1,5:1

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTVCU UVGJV N OKV 2KNGWU WPF <GR VGT T 5VGTP $/% %QJ 4+% 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC

9325

9326

1,5:1

9326

#UUCTKC 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT .GICV 0QXKWU 4WHWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5VCFVVQT \YKUEJGP \YGK 6ÒTOGP #/0) XGTIN 8CTDCPQX XGTIN &WPMNG 2CVKPC HCUV UGJT UEJÌP UGJT UEJÌP

U 'RJGUQU +QPKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ WPVGP 5VGTP <YGK XKGTU·WNKIG 6GORGN FCTWPVGT \YGK \YGKU·WNKIG 6GORGN KP &TGKXKGTVGNCPUKEJV KP LGFGO 6GORGN GKPG 5VCVWG $/% 44 *GTTNKEJG ITÒPG 2CVKPC HCUV XQT\ÒINKEJ 'ZGORNCT FGT 5COONWPI $CPF #WMVKQP /ÒP\ <GPVTWO -ÌNP 0T WPF FGT 5COONWPI 4KEJCTF , )TCJCO #WMVKQP ,CESWGU 5EJWNOCP #OUVGTFCO 0T 'NCICDCN JCV 'RJGUQU CNU GTUVGT 5VCFV GKPG XKGTVG 0GQMQTKG GKPGP 'JTGPVKVGN FGT UKEJ KOOGT CWH GKPGP DGUQPFGTGP -CKUGTVGORGN DG\QI IGY·JTV 7PUGT JGTTNKEJGU 5VÒEM HGKGTV FKGUG XKGTVG 0GQMQTKG

9327

U 6CTUQU %KNKEKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG &GOKWTIGPMTQPG ÒDGT #NVCT T -TQPG FGU -KNKMCTEJGP OKV UGEJU -CKUGTMÌRHGP 50) (TCPEG 50) .GXCPVG $TCWPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV #FNGT UVGJV X X -QRH N OKV -TCP\ KO 5EJPCDGN WPVGP 5VGTP 2TKGWT XGTIN 5GJT UEJÌP

9329

9328

9330

U ,CJT ! .GWMCU %QGNGU[TKC I -QRH T OKV .QTDGGTMTCP\ *GNKQU KP 3WCFTKIC X X -QRH N OKV GTJQDGPGT 4GEJVGP WPF )NQDWU $/% .KPFITGP %QNN XGTIN 'NCICDCN /KQPPGV XGTIN %CTCECNNC $TCWPG 2CVKPC GVYCU MQTTQFKGTV UGJT UEJÌP

&KG ,CJTGU\CJN KUV PKEJV MNCT NGUDCT GU MÌPPVG UQYQJN UGKP KP FKGUGO (CNN Y·TG WPUGT 5VÒEM WPVGT %CTCECNNC IG RT·IV QFGT 'NCICDCN &C FCU 2QTVT·V PKEJV PCEJ GKPGO UR·VGP %CTCECNNCRQTVT·V CWUUKGJV YGKUGP YKT FCU 5VÒEM 'NCICDCN \W

U $GT[VWU 2JQGPKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ $GTQG YKTF DGKO 9CUUGTJQNGP XQP 2QUGKFQP IGTCWDV $/% 50) %QR *GNNDTCWPG 2CVKPC XQT\ÒINKEJ

&KG 5VCVWGPITWRRG CWH FGO 4GXGTU \KGTV FGP )KGDGNHKTUV FGU *CWRVVGORGNU FGT 5VCFV $GT[VWU $GKTWV FKG HTÒJGT $GTQG $GTQKC JKG 7O FKG GRQP[OG $GTQG 6QEJVGT XQP #RJTQFKVG WPF #FQPKU M·ORHVGP &KQP[UQU WPF 2QUGKFQP DKU <GWU FGO WPGPVUEJKGFGPGP 4KPIGP GKP 'PFG OCEJVG WPF $GTQG FGO 2QUGKFQP XGTURTCEJ &GT 5GGDGJGTTUEJGT XGT NKGJ FGT 5VCFV CNU &CPM FKG )PCFG LGFG 5GGUEJNCEJV \W IGYKPPGP 0QPPQU

261

9331

9332

U $GT[VWU 2JQGPKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /CTU[CUUVCVWG KP #GFKEWNC T FCTÒDGT .ÌYGPTGKVGT T $/% $TCWPG 2CVKPC UGJT UEJÌP

U #GNKC %CRKVQNKPC +WFCGC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 9ÌNHKP T U·WIV 4QOWNWU WPF 4GOWU /GUJQTGT XGTIN 4 $TCWPG 2CVKPC HCUV UGJT UEJÌP

9333

9334

HÒT ,WNKC 5QCGOKCU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 8GPWU UKV\V N OKV #RHGN WPF <GR VGT FCXQT -KPF $/% %QJ 4+% 5GJT UEJÌP

HÒT ,WNKC /CGUC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T 2WFKEKVKC UKV\V N OKV <GRVGT WPF NÒHVGV 5EJNGKGT $/% %QJ 4+% )WVGU UGJT UEJÌP

9335

HÒT ,WNKC 2CWNC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UKV\V N OKV 2CVGTC FCXQT 5VGTP $/% %QJ 4+% 4 #XGTU GVYCU MQTTQFKGTV UEJCTH IGTGKPKIV UGJT UEJÌP

,WNKC 2CWNC FKG 6QEJVGT FGU 2TCGVQTKCPGTRT·HGMVGP ,WNKWU 2CWNWU YCT FKG GTUVG 'JGHTCW FGU 'NCICDCN &KG 'JG YCT XGTOWVNKEJ XQP ,WNKC /CGUC CTTCPIKGTV YQTFGP WPF YWTFG OKV ITQGO 2QOR IGHGKGTV DGK FGP 5RKGNGP HCPFGP \CJNTGK EJG )NCFKCVQTGP 6KIGT WPF GKP 'NGHCPV FGP 6QF 'NCICDCN YWTFG UGKPGT (TCW DCNF ÒDGTFTÒUUKI WPF NKG UKEJ PCEJ GKPGO MPCRRGP ,CJT UEJGKFGP

9336

9337

9338

9339

9340

HÒT #SWKNKC 5GXGTC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %QPEQTFKC UVGJV N OKV 2CVGTC WPF &QRRGNHÒNNJQTP WPF QRHGTV ÒDGT #NVCT T 5VGTP $/% %QJ 4+% #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

'NCICDCN JGKTCVGVG #SWKNKC 5GXGTC KO ,CJT QDYQJN UKG GKPG 8GUVCNKP WPF FCOKV \WT 'JGNQUKIMGKV XGTRHNKEJVGV YCT

5GXGTWU #NGZCPFGT Õ &GPCT ÌUVNKEJG /ÒP\UV·VVG ! I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\ WPF <GR VGT $/% %QJ 4+% (CUV XQT\ÒINKEJ

Õ &GPCT #PVKQEJKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ .KDGTCNKVCU UVGJV N OKV #DCEWU WPF (ÒNNJQTP $/% %QJ 4+% 5GJT UEJÌP

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV 1NKXGP\YGKI WPF <GRVGT $/% %QJ 4+% )WVGU UGJT UEJÌP UGJT UEJÌP

262

9342

9341

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV -CKUGT KP 3WCFTKIC T $/% %QJ 4+% $TCWPG 2CVKPC (GNFGT N IGIN·VVGV UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5QN UVGJV N OKV GTJQDGPGT 4GEJ VGP WPF )NQDWU $/% %QJ XCT 4+% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9344

9343

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ N FTCRKGTV 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ N FTCRKGTV 2TQXKFGPVKC UVGJV N OKV J TGP WPF (ÒNNJQTP FCXQT /QFKWU $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

9346

9345

U WO -QKPQP /CMGFQPQP /CMGFQPKC I #NGZCPFGTMQRH KO .ÌYGPHGNN T #VJGPC UKV\V N OKV -CDKT WPF 2CTC\QPKWO #/0) XGTIN )TÒPG 2CVKPC UGJT UEJÌP

/GFCKNNQP ,CJT #OCUKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5VCFVCPUKEJV XQP #OCUKC 9CFFKPIVQP 4GE IGP XCT 44 $TCWPG 2CVKPC #XGTU OKP MQTTQFKGTV UGJT UEJÌP

9347

9347 1,5:1

/GFCKNNQP ,CJT #OCUKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT OKV CWUIGDTGKVGVGP 5EJYKPIGP CWH #NVCT N $CWO QDGP 5QN KP 3WCFTKIC 9CFFKPIVQP 4GE IGP &WPMNG 2CVKPC IWVGU UGJT UEJÌP

263

9348

9349

1,5:1

/GFCKNNQP ,CJT #OCUKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT OKV CWUIGDTGKVGVGP 5EJYKPIGP CWH #NVCT N $CWO QDGP 5QN KP 3WCFTKIC 9CFFKPIVQP 4GE IGP &WPMNG 2CVKPC UGJT UEJÌP

/GFCKNNQP #OCUKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ T QXCNGT )GIGPUVGORGN 6[EJG #FNGT OKV CWUIGDTGKVGVGP 5EJYKPIGP CWH #NVCT N $CWO QDGP 5QN KP 3WCFTKIC $/% XGTIN 9CFFKPIVQP 4GE IGP XGTIN )GIGPUVGORGN *QYIGIQ &WPMNG 2CVKPC IWVGU UGJT UEJÌP

&CU 5VÒEM \GKIV FKG ,CJTGU\CJN %- &KGU KUV WPOÌINKEJ FCU 5VÒEM YÒTFG FCPP KP FKG 4GIKGTWPIU\GKV 'NCICDCNU HCNNGP &GT 5VGORGNUEJPGKFGT JCV QHHGPDCT FGP NGV\VGP 6GKN FGT ,CJTGU\CJN XGTUGJGPVNKEJ PKEJV ITCXKGTV

XGTOWVNKEJ * CNUQ

9350

9351

U ,CJT 0GQMCKUCTGKC 2QPVWU I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG <YGK XKGTU·WNKIG -CKUGTVGORGN $/% 9CFFKPIVQP 4GE IGP 44 $TCWPG 2CVKPC UGJT UEJÌP

U #NGZCPFTKC 6TQCU 6TQCU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 6GORGN FGU #RQNNQ 5OKPVJGWU KP &TGKXKGTVGNCPUKEJV FCTKP -WNVUVCVWG FGU )QVVGU $GNNKPIGT 6TQ[ # &WPMNG 2CVKPC MN 5VGORGNHGJNGT UGJT UEJÌP

9352

9353

HÒT ,WNKC /COCGC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GUVC UVGJV N OKV 2CNNCFKWO WPF <GRVGT $/% %QJ 4+% )TÒPDTCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO (GNKEKVCU UVGJV N OKV %CFWEGWU CP 5·WNG IGNGJPV $/% %QJ 4+% )TÒPG 2CVKPC UGJT UEJÌP

264

9355

9354

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO (GNKEKVCU UKV\V N OKV %CFWEGWU WPF (ÒNNJQTP $/% %QJ 4+% 5GJT CVVTCMVKXGU 'ZGORNCT OKV ITÒPGT 2CVKPC XQT\ÒINKEJ

U 0KUKDKU /GUQRQVCOKC I &TCRKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN &TCRKGTVG $ÒUVG FGT 6[EJG XQP 0KUKDKU T OKV /CWGTMTQPG T 5VGTP QDGP 5VGTP\GKEJGP #TKGU $/% 4 $TCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT IWVGU UGJT UEJÌP

9356

9357

HÒT 1TDKCPC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO %QPEQTFKC UKV\V N OKV 2CVGTC WPF &QRRGNHÒNNJQTP $/% %QJ 4+% 44 )WVGU 2QTVT·V UGJT UEJÌP

/CZKOKPWU + 6JTCZ 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGT MTCP\ (KFGU UVGJV N OKV \YGK 5VCPFCTVGP $/% %QJ 4+% &WPMGNDTCWPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU UGJT UEJÌP

9358

9360

9359

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV T OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% )WVGU UGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 5CNWU UKV\V N WPF HÒVVGTV GKPG WO GKPGP #NVCT IGYWPFGPG 5EJNCPIG $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

HÒT &KXC 2CWNKPC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 2HCW $/% %QJ 4+% 4 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

9362

9361

9362

Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT 2HCW HNKGIV T OKV &KXC $/% %QJ 4+% 4 #VVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

HÒT /CZKOWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKGUVGTIGT·VG $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

265

9363

9364

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCD WPF <GRVGT FCJKPVGT \YGK (GNF\GKEJGP $/% %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

U ,CJT #PC\CTDQU %KNKEKC I )GRCP\GTVG $ÒUVG T <QFKCEWU KP GKPGO \YGKU·WNKIGP XQP \YGK 0KMCK HNCPMKGTVGP 5EJTGKP 50) (TCPEG 50) .GXCPVG 4 &WPMNG 2CVKPC UGJT UEJÌP

1,5:1

9365

1,5:1

)QTFKCPWU ++ #HTKECPWU Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQ TKC IGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% 44 5GJT UEJÌPGU 'ZGORNCT )QTFKCPWU ++ #HTKECPWU YWTFG WO CNU 5QJP FGU )QTFKCPWU + IGDQTGP &GT 0COG UGKPGT /WVVGT KUV PKEJV DGMCPPV

FGT KP FGT *KUVQTKC #WIWUVC IGPCPPVG 0COG (CDKC 1TGUVKNNC KUV HKMVKX CDGT UKG YCT OÌINKEJGTYGKUG GKPG 'PMGNKP FGU 5QRJKUVGP *GTQFGU #VVKEWU ªDGT .GDGP WPF -CTTKGTG FGU )QTFKCPWU KUV YGPKI DGMCPPV \YCT HCDWNKGTV FGT #WVQT FGT *KUVQTKC #WIWUVC NWUVNQU GKPGP EWTUWU JQPQTWO \WUCOOGP KUV CDGT OGJT FCTCP KPVGTGUUKGTV FGO -CKUGT XGTUEJKGFGPG )GNÒUVG \W\WUEJTGKDGP UQ FKEJVGV GT FGO )QTFKCPWU -QPMWDKPGP CP XQP FGPGP KJO LGFG -KPFGT IGDQTGP JC DGP UQNN UQYKG GKPG $KDNKQVJGM OKV $·PFGP 5KEJGT KUV PWT FC )QTFKCPWU ++ EQPUWN UWHHGEVWU YCT DGXQT GT UGKPGO 8CVGT CNU .GICV KP #HTKEC FKGPVG 'U KUV WPMNCT QD GT KP 6J[UFTWU IGOGKPUCO OKV UGKPGO 8CVGT YGPKIG 6CIG UR·VGT KP -CTVJCIQ QFGT GTUV FWTEJ FGP 5GPCV KP 4QO \WO -CKUGT GTJQDGP YQTFGP KUV #NU %CRGNKCPWU FGT FGO /CZKOKPWU 6JTCZ VTGW IGDNKGDGPG 5VCVVJCNVGT XQP 0WOKFKGP OKV UGKPGT #TOGG PCEJ -CTVJCIQ OCTUEJKGTVG YWTFG )QTFKCPWU ++ \WO -QOOCPFGWT GKPGT VGKNU CWU (TGKYKNNKIGP DWPV \WUCOOGPIGYÒTHGNVGP #TOGG WPF UVGNNVG UKEJ FGO (GKPF \WO -CORH 'T HKGN UGKP 8CVGT DGIKPI FCTCWHJKP 5GNDUVOQTF &KG /ÒP\GP FGT DGKFGP )QTFKCPK #HTKECPK \·JNGP \W FGP UGNVGPGP WPF DGUQPFGTU DGIGJTVGP 2T·IWPIGP FGT TÌOKUEJGP -CKUGT\GKV

9366

9367

$CNDKPWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV N OKV <YGKI WPF 2CTC\QPKWO $/% %QJ 4+% )TÒPG 2CVKPC UEJÌPpUGJT UEJÌP

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ %QPEQTFKC UKV\V N OKV 2CVGTC WPF &QRRGNHÒNNJQTP $/% %QJ 4+% &WPMNG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

9368

9369

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV X X -QRH N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% $TCWPG 2CVKPC UEJÌPpUGJT UEJÌP

2WRKGPWU 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KEVQTKC UVGJV N OKV -TCP\ WPF 2CNO\YGKI $/% %QJ 4+% C $TCWPG 2CVKPC UGJT UEJÌP

266

9371

9370

)QTFKCPWU +++ 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #RQNNQ UKV\V N OKV <YGKI F NKPMGP 'NNDQIGP CWH .[TC IGUVÒV\V %QJ XGTIN 4+% C $TCWPG 2CVKPC UGJT UEJÌP

#U 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT KP 3WCFTKIC N OKV #FNGT\GR VGT %QJ 4+% (CUV XQT\ÒINKEJ

9373

9372

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT UVGJV T OKV 5RGGT WPF )NQDWU %QJ 4+% C $TCWPG 2CVKPC UGJT UEJÌP

5GUVGT\ ,CJT +++ 8KOKPCEKWO /QGUKC UWRGTKQT I &TCRKGTVG $ÒUVG T OKV .QT DGGTMTCP\ /QGUKC UVGJV N \YKUEJGP 5VKGT WPF .ÌYG #/0) 8CTDCPQX 5GJT UEJÌP

5VKGT WPF .ÌYG UKPF FKG #D\GKEJGP FGT DGKFGP QDGTOÌUKUEJGP .GIKQPGP FGT NGIKQ 8++ %NCWFKC WPF FGT NGIKQ ++++ (NC XKC &KG .GIKQPGP YCTGP KP 8KOKPCEKWO WPF 5KPIKFWPWO $GNITCF UVCVKQPKGTV

9374

#UUCTKC /CTMKCPQRQNKU /QGUKC KPHGTKQT .GICV /GPQRJKNWU I $ÒUVGP FGU -CKUGTU WPF FGU 5CTCRKU GKPCPFGT IGIGPÒDGT 6TKWORJDQIGP FCTCWH FTGK O·PPNKEJG (KIWTGP #/0) 8CTDCPQX 44 )TÒPG 2CVKPC #XGTU NGKEJV MQTTQFKGTV UGJT UEJÌP

#UUCTKC 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT .GICV /QFGUVWU I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (NWIQVV +UVTQU NCIGTV N OKV 5EJKNHTQJT FKG .KPMG CWH 3WGNNWTPG #/0) 8CTDC PQX KTTVÒONKEJG $GUEJTGKDWPI 4 &WPMGNITÒPG 2CVKPC UGJT UEJÌP

9377

9375

9376

9377

#UUCTKC 0KMQRQNKU RTQU +UVTQP /QGUKC KPHGTKQT .GICV /QFGUVWU I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KGTU·WNKIGT 6GORGN KO +PPGTGP UVGJV #UMNGRKQU ! N #/0) 8CTDCPQX &WPMGNITÒPG 2CVKPC UGJT UEJÌP

U #PVKQEJKC 2KUKFKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 54 -T\[\CPQYUMC #X +: 4X $TCWPG 2CVKPC UGJT UEJÌP

267

9378

9379

U #PVKQEJKC 2KUKFKC I -QRH T OKV .QTDGGTMTCP\ 9ÌNHKP U·WIV 4QOWNWU WPF 4GOWU N (KEWU 4WOKPCNKU -T\[\CPQYUMC #X : 4X )TÒPG 2CVKPC IWVGU UGJT UEJÌP

U #PVKQEJKC 2KUKFKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT TGKVGV T OKV .CP\G WP VGP GKP IGVÌVGVGT WPF GKP FKG *·PFG HNGJGPF GTJQDGPGT (GKPF -T\[\CPQYUMC #X :+8 4X 4 )TÒPG 2CVKPC UGJT UEJÌP

9381

9380

U #PVKQEJKC 2KUKFKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ -CKUGT KP 3WCFTKIC T OKV #F NGT\GRVGT -T\[\CPQYUMC #X :: 4X 4 $TCWPG 2CVKPC UGJT UEJÌP

WPF 6TCPSWKNNKPC U 5KPICTC /GUQRQVCOKC I $GKFGT $ÒUVGP GKPCPFGT IGIGPÒDGT 5VCFV IÌVVKP UKV\V N OKV <YGKI WPVGP UEJYKOOV (NWIQVV N QDGP ICNQRRKGTV 5CIKVVCTKWU N $/% XGTIN HH &WPMGNITÒPG 2CVKPC NGKEJV IGIN·VVGV UGJT UEJÌP

9382

9383

2JKNKRRWU + Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG .ÌYG T %QJ 4+% 5GJT UEJÌP

$GK FKGUGO WPF FGP HQNIGPFGP 5VÒEMGP JCPFGNV GU UKEJ WO GKPG 2T·IWPI CPN·NKEJ FGT 6CWUGPFLCJTHGKGT 4QOU CNUQ FGT NGV\VGP VCVU·EJNKEJ IGHGKGTVGP TÌOKUEJGP 5·MWNCTHGKGT &KG P·EJUVG 5·MWNCTHGKGT J·VVG PCEJ GKPGT CPFGTGP <·JNWPI QFGT UVCVVHKPFGP OÒUUGP WPF Y·TG FCPP KP FKG 4GIKGTWPIU\GKV %QPUVCPVKPU FGU )TQGP IGHCNNGP HCPF LGFQEJ PKEJV UVCVV &KGU PCJO <QUKOQU \WO #PNC %QPUVCPVKP HÒT FGP 0KGFGTICPI FGU 4GKEJGU XGTCPVYQTVNKEJ \W OCEJGP FGPP PCEJ GKPGT CNVGP 2TQRJG\GKWPI YCT FKG 5KEJGTJGKV FGU 4GKEJGU OKV FGT QTFPWPIUIGO·GP &WTEJHÒJTWPI FKGUGT (GKGTP WPF FGO 8QNN\WI FGT GPVURTGEJGPFGP -WNVG XGTMPÒRHV

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5#'%8.#4'5 #8)) #P VKNQRG N %QJ 4+% 5GJT UEJÌP

9384

9385

5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 'NGHCPV OKV /CJQWV N %QJ 4+% $TCWPG 2CVKPC UGJT UEJÌP

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I )GRCP\GTVG $ÒUVG N OKV 5VTCJNGPDKPFG #FNGT UVGJV X X CWH 2CNO\YGKI -QRH N OKV -TCP\ KO 5EJPCDGN 2TKGWT )WVGU UGJT UEJÌP

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #FNGT UVGJV CWH 2CNO\YGKI X X -QRH N OKV -TCP\ KO 5EJPCDGN 2TKGWT &C\W GKPG 6GVTCFTCEJOG FGU 6TCKCPWU &GEKWU 5VÒEM )WVGU UGJT UEJÌP WPF UGJT UEJÌP

268

9388

9387

U *GNKQRQNKU %QGNGU[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ &TGKXKGTVGNCPUKEJV FGU 6GORGNU FGU ,WRKVGT *GNKQRQNKVCPWU $/% XGTIN /KQPPGV /KV ITKGEJKUEJGT #XGTUNGIGPFG UGJT UGNVGP $TCWPG 2CVKPC HCUV UGJT UEJÌP

&GT $CW FGU CWH FGO 4GXGTU FCTIGUVGNNVGP IGYCNVKIGP ,WRKVGTVGORGNU DGICPP WPVGT #PVQPKPWU 2KWU WPVGT %CTCECNNC YWTFG FCU 9GTM XQNNGPFGV #NNGKP FGT 8QTJQH FGU 6GORGNU YCT O NCPI ªDGT FGO YWEJVKIGP #NVCT CWH FGO O NCPIGP WPF O DTGKVGP #NVCTJQH NKG UR·VGT 6JGQFQUKWU + GKPG -KTEJG GTTKEJVGP

U *GNKQRQNKU %QGNGU[TKC I = ? 8LFILIPPO%%'=$? &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ (TQPVCNCPUKEJV FGU 6GORGNU FGU ,WRKVGT *GNKQRQNKVCPWU WPVGT FGO 2GFKOGPV $CWO ! KO #DUEJPKVV #NVCT $/% XGTIN /KQPPGV /KV ITKGEJKUEJGT #XGTUNGIGPFG ·WGTUV UGNVGP &WPMGNITÒPG 2CVKPC NGKEJV MQTTQFKGTV UGJT UEJÌP

9390

9389

HÒT 2JKNKRRWU ++ 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T 2TKP\ UVGJV N OKV 5VCPFCTVG WPF 5RGGT %QJ 4+% &WPMNG 2CVKPC UGJT UEJÌP

#UUCTKC 0KMCKC $KVJ[PKC I &TCRKGTVG $ÒUVG T 2CP 'RJKCNVGU KV[RJCNNKUEJ IGJV N OKV 9GKPUEJNCWEJ WPF $NÒVG 9GKUGT 44 &WPMGNDTCWPG 2CVKPC UGJT UEJÌP

&KGUGT DGOGTMGPUYGTVG $GINGKVGT FGU &KQP[UQU YKTF UQINGKEJ FKG 3WGNNG OKV 9GKP CWHHÒNNGP CWU FGT FKG UEJÌPG YKG WPPCJDCTG 0[ORJG 0KMCKC PCEJ FGT ,CIF KJTGP &WTUV NÌUEJGP YKTF 8QO 9GKP DGTCWUEJV YKTF UKG GKPUEJNCHGP WPF XQP &KQP[UQU DGICVVGV YGTFGP 'THQNI FKG )GDWTV FGU -PCDGP 5CV[TQU WPF QFGT FGU /·FEJGPU 6GNGVG FKQP[UKUEJG 9GKJG WPF )TÒPFWPI FGT 5VCFV 0KMCKC 'KP DGUQPFGTGU &GVCKN KUV FKG $NÒVG FKG FGT )GUGNNG J·NV YKG 'NRKU 5RGU FCU *QHHPWPIU /·FEJGP 9QNHTCO 9GKUGT

9391

9392

HÒT &KXWU #WIWUVWU Õ #PVQPKPKCP 4QO I -QRH T OKV 5VTCJNGPDKPFG #FNGT %QJ 4+% 6TCKCPWU &GEKWU 4 5GJT UEJÌP

'KPG 2T·IWPI CPN·NKEJ FGT ,CJTHGKGT 4QOU

Õ #PVQPKPKCP 4QO I -QRH T OKV 5VTCJNGPDKPFG #NVCT %QJ 4+% 6TCKCPWU &G EKWU 4 5GJT UEJÌP

9393

9394

HÒT &KXWU 8GURCUKCPWU Õ #PVQPKPKCP 4QO I -QRH T OKV 5VTCJNGPDKPFG #NVCT %QJ 4+% 5GJT UEJÌP

HÒT &KXWU #NGZCPFGT 5GXGTWU Õ #PVQPKPKCP 4QO I -QRH T OKV 5VTCJNGPDKPFG #NVCT %QJ 4+% 6TCKCPWU &GEKWU 5GJT UEJÌP

269

9395 1,5:1

1,5:1

2JKNKRRWU ++ #U 4QO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5#'%8.#4'5 #8)) 5·WNG OKV %15 ++ %QJ 4+% D 5EJYCT\G 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

$GK FKGUGO 5VÒEM JCPFGNV GU UKEJ WO GKPG 2T·IWPI CPN·NKEJ FGT 6CWUGPFLCJTHGKGT 4QOU CNUQ FGT NGV\VGP VCVU·EJNKEJ IGHGKGTVGP TÌOKUEJGP 5·MWNCTHGKGT &KG P·EJUVG 5·MWNCTHGKGT J·VVG PCEJ GKPGT CPFGTGP <·JNWPI QFGT UVCVVHKP FGP OÒUUGP WPF Y·TG FCPP KP FKG 4GIKGTWPIU\GKV %QPUVCPVKPU FGU )TQGP IGHCNNGP HCPF LGFQEJ PKEJV UVCVV &KGU PCJO <QUKOQU \WO #PNC %QPUVCPVKP HÒT FGP 0KGFGTICPI FGU 4GKEJGU XGTCPVYQTVNKEJ \W OCEJGP FGPP PCEJ GKPGT CNVGP 2TQRJG\GKWPI YCT FKG 5KEJGTJGKV FGU 4GKEJGU OKV FGT QTFPWPIUIGO·GP &WTEJHÒJTWPI FKGUGT (GKGTP WPF FGO 8QNN\WI FGT GPVURTGEJGPFGP -WNVG XGTMPÒRHV

9396

U <GWIOC %QOOCIGPG I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KGTU·WNKIGT 6GORGN CWH FGT #MTQRQNKU XQP <GWIOC KO #DUEJPKVV %CRTKEQTP T $/% &WPMGNITÒPG 2CVKPC UGJT UEJÌP

&GT %CRTKEQTP CWH FGO 4GXGTU KUV FCU 'ODNGO FGT KP <GWIOC UVCVKQPKGTVGP .GIKQ +8 5E[VJKEC

9397

9397 1,5:1

6TCKCPWU &GEKWU &QRRGNUGUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV 5VTCJ NGPDKPFG (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP %QJ 4+% 4 &WPMGNITÒPG 2CVKPC RT·EJVKIGU 2QTVT·V XQT\ÒINKEJ UGJT UEJÌP

9398

270

&QRRGNUGUVGT\ 4QO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG (GNKEKVCU UVGJV N OKV %CFWEGWU WPF (ÒNNJQTP %QJ 4+% 4 $TCWPG 2CVKPC MN -QTTQUKQPUUVGNNGP CWH FGT 4ÒEMUGKVG UGJT UEJÌP HCUV UGJT UEJÌP

1,5:1

9399

1,5:1

5GOKU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ /CTU UVGJV N OKV 5EJKNF WPF 5RGGT %QJ 4+% 44 &WPMGNITÒPG 2CVKPC XQT\ÒINKEJ IWVGU UGJT UEJÌP

9400

9401

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV T CWH 2CNO\YGKI OKV -TCP\ KO 5EJPCDGN 2TKGWT )WVGU UGJT UEJÌP

HÒT *GTGPPKC 'VTWUEKNNC 5GUVGT\ 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO 2WFKEKVKC UKV\V N OKV <GRVGT %QJ 4+% D 4 &WPMGNITÒPG 2CVKPC (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

9402

9403

&WRQPFKWU 4QO I &TCRKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN 2WFKEKVKC UKV\V N OKV <GRVGT %QJ 4+% F 4 $TCWPG 2CVKPC MN -TCV\GT CWH FGO 4GXGTU HCUV XQT\ÒINKEJ

Õ 6GVTCFTCEJOG #PVKQEJKC 5[TKC I &TCRKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN #FNGT UVGJV T CWH 2CNO\YGKI OKV -TCP\ KO 5EJPCDGN 2TKGWT (GKPG 2CVKPC UGJT UEJÌP

9404

9405

8CNGTKCPWU U ,CJT #PC\CTDQU %KNKEKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ <YGK -CKUGT UKV\GP N 50) (TCPEG 50) .GXCPVG )TÒPG 2CVKPC HCUV UGJT UEJÌP

U ,CJT #PC\CTDQU %KNKEKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 6KUEJ OKV .ÌYGPDGKPGP FCTCWH 2TGKUMTQPG OKV 2CNO\YGKI 50) (TCPEG 50) .GXCPVG &WPMGNDTCWPG 2CVKPC IWVGU UGJT UEJÌP

9406

9407

HÒT &KXC /CTKPKCPC Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT CWH /QPFUKEJGN 2HCW /+4 D 4+% 4 5GJT UEJÌP

Õ #PVQPKPKCP 4QO I &TCRKGTVG $ÒUVG T CWH /QPFUKEJGN OKV 5EJNGKGT &KXC CWH 2HCW T /+4 4+% 5GJT UEJÌP

271

9408

9409 1,5:1

)CNNKGPWU Õ #PVQPKPKCP /GFKQNCPWO I )GRCP\GTVG $ÒUVG T OKV 5RGGT WPF 5VTCJNGPDKPFG .') + #&+ 8+ 2 8+ ( %CRTKEQTP T %QJ XGTIN /+4 Q 4+% XGTIN 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

&KG .GIKQ + #FKWVTKZ YCT WPVGT )CNNKGPWU KP 2CPPQPKGP UVCVKQPKGTV WPF \QI OKV FGO -CKUGT PCEJ +VCNKGP YQ UKG CWEJ CP FGP DGKFGP #NGOCPPGPUKGIGP FGU ,CJTGU DGVGKNKIV YCT &GT $GKPCOG 8+ RKC 8+ HKFGNKU FGP WPUGT 5VÒEM FGT .GIKQP DGKHÒIV HGKGTV GKPGP FKGUGT DGKFGP 5KGIG

&TCEJOG #VJGP #VVKEC I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO #VJGPC UVGJV N OKV 0KMG 5RGGT WPF 5EJKNF FCXQT 5EJNCPIG -TQNN 9CNMGT &WPMNG 2CVKPC UGJT UEJÌP

&GT 4GXGTU \GKIV FKG 5VCVWG FGT #VJGPC 2CTVJGPQU CWH FGT #MTQRQNKU &KGUG WPVGT )CNNKGPWU FGT KP #VJGP #TEJQP YCT IGRT·IVGP /ÒP\GP IGJÌTGP \W FGP NGV\VGP FGT 5VCFV FKG FGP *GTWNGTP \WO 1RHGT HKGN

9410

9411

&TCEJOG #VJGP #VVKEC I #VJGPCMQRH T OKV MQTKPVJKUEJGO *GNO #VJGPC UVGJV N 5RGGT WPF 5EJKNF T 5EJNCPIG -TQNN 9CNMGT )TÒPDTCWPG 2CVKPC UGJT UEJÌP

&GT 4GXGTU \GKIV FGP 6[RWU FGT #VJGPC /GFKEK

U 0KMQOGFKC $KVJ[PKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG &TGK -CKUGTVGORGN FCTCWH 0KMCK 50) X #WNQEM 9CFFKPIVQP 4GE IGP $TCWPG 2CVKPC IWVGU UGJT UEJÌP

&CU 5VÒEM HGKGTV FKG FTKVVG 0GQMQTKG FKG FGT 5VCFV WPVGT 8CNGTKCP XGTNKGJGP YQTFGP YCT

9412

272

9413

9414

#UUCTKC 2GTIG 2CORJ[NKC I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #TVGOKU UVGJV T OKV $QIGP \KGJV GKPGP 2HGKN CWU KJTGO -ÌEJGT WPF YKTF XQP #VJGPC DGMT·P\V 50) (TCPEG )TÒPG 2CVKPC UGJT UEJÌP

U 6CTUQU %KNKEKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG )ÌVVKP 4QOC QFGT -[DGNG TGKVGV T CWH .ÌYGP OKV *GNO 2CVGTC WPF 0KMG 50) (TCPEG 50) .GXCPVG 4 &WPMNG 2CVKPC UGJT UEJÌP

2QUVWOWU &QRRGNUGUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG <YGK 8KEVQTKGP DGHGUVKIGP 5EJKNF CP 2CNOG FCTWPVGT \YGK )GHCPIGPG $CUVKGP %QJ 'NOGT 4+% 4 )TÒPG 2CVKPC DTGKVGU UGJT UEJÌPGU 'ZGORNCT

9415

&QRRGNUGUVGT\ %QNQPKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG )CNGGTG PCXKU NWUQTKC N $CUVKGP %QJ 'NOGT 4+% )TÒPG 2CVKPC UGJT UEJÌP

&KG 0CXGU NWUQTKCG YWTFGP /KVVG FGU ,CJTJWPFGTVU GKPIGHÒJTV &KG UGJT UEJNCPMGP WPF HNCEJIGJGPFGP 5EJKHHG YWT FGP DKU KP FKG 5R·VCPVKMG KP TÌOKUEJGP (NWHNQVVGP GKPIGUGV\V WPF URKGNVGP OKNKV·TKUEJ GKPG DGFGWVGPFG 4QNNG 5Q IG NCPIVG ,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 DGPÌ VKIVG 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 (GTMGN -QPGP 5EJ·HGT 0CXKU .WUQTKC 'KP 4Ì OGTUEJKHH KP 4GIGPUDWTI 5V -CVJCTKPGP 2QUVWOWU RTQRCIKGTVG FKGUGP 5EJKHHUV[R CWH UGKPGP /ÒP\GP KP WPIG YÌJPNKEJGT 9GKUG

1,5:1

9416

1,5:1

$ #PVQPKPKCP %QNQPKC 'OKUUKQP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UVGJV N -QRH T OKV $NKV\ WPF <GRVGT KO (GNF % # 'NOGT 4+% <UEJWEMG 8QP ITQGT 5GNVGPJGKV 8QT\ÒINKEJ

&CU %# UVGJV HÒT % QNQPKC # ITKRRKPGPUKWO CNUQ -ÌNP

9418 9417

9419

.CGNKCPWU #PVQPKPKCP /QIQPVKCEWO I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG 8KEVQ TKC IGJV T OKV -TCP\ WPF 2CNO\YGKI 'NOGT 4+% 4 5GJT UEJÌP

)GQTI 'NOGT IGJV FCXQP CWU FC .CGNKCPWU FKG XQP 2QUVWOWU HTKUEJ GKPIGTKEJVGVG /ÒP\UV·VVG KP 6TKGT KP UGKPG )GYCNV IGDTCEJV JCV WPF FQTV UGKPG /ÒP\GP RT·IGP NKG #WEJ % ( <UEJWEMG PKOOV FKG /ÒP\UV·VVG KP 6TKGT CP &KG TÌOK UEJG /ÒP\UV·VVG -ÌNP 6TKGT 5 &KGU YWTFG W C XQP + -ÌPKI CPIG\YGKHGNV FGT FKG /ÒP\UV·VVG KP /CKP\ XGTOWVGV &KG ICNNKUEJGP 7UWTRCVQTGP XQP 2QUVWOWU DKU 6GVTKEWU /ÒPEJGP 5 UQ CWEJ )KNNLCO #P VQPKPKCPK WPF #WTGK FGU 7NRKWU %QTPGNKWU .CGNKCPWU -ÌNP 5 0CEJ GKPGT CPFGTGP #WHHCUUWPI JCV .CGNKCPWU MWT\HTKUVKI -ÌNP GKPIGPQOOGP WPF FKG /ÒP\UV·VVG PCEJ /CKP\ XGTNCIGTV $GUN[ $NCPF 6JG %WPGVKQ 6TGCUWTG 4QOCP %QKPCIG QH VJG 6JKTF %GPVWT[ # & .QPFQP 5 WPF &GO YKFGTURTKEJV $ 5EJWNVG FGT CPPKOOV FC .CGNKCPWU UKEJ KP FGP $GUKV\ GKPGT /ÒP\UV·VVG FGU 2QUVWOWU UGV\VG WPF FQTV UGKPG /ÒP\GP RT·IGP NKG FQTV MQPPVG GT UKEJ CDGT PWT MWT\ JCNVGP YCU FKG 5GNVGPJGKV UGKPGT 2T·IWPIGP GTMN·TV 5EJWNVG &KG )QNFRT·IWPI FGT ICNNKUEJGP -CK UGT XQP 2QUVWOWU DKU 6GVTKEWU #CTCW 5 9GKUGT /CKP\ TÌOKUEJG /ÒP\UV·VVG! KP &KG /ÒP\UV·VVGP /CKP\ WPF 9KGUDCFGP 5RG[GT NGIV UKEJ CWH /CKP\ HGUV

/CTKWU #PVQPKPKCP %QNQPKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG *CPF UEJNCI 'NOGT 4+% <UEJWEMG 5GJT UEJÌPpXQT\ÒINKEJ

/CETKCPWU $ #PVQPKPKCP 5COQUCVC I )GRCP\GTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UKV\V N OKV 2CVGTC WPF <GRVGT FCXQT #FNGT /+4 D 4+% 5GJT UEJÌP

&KG /ÒP\GP FGU LÒPIGTGP /CETKCPWU YGTFGP YKG CWEJ FCU HQNIGPFG 5VÒEMG FGU 3WKGVWU 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 )CNNKG PWU MGJTVG FKG /ÒP\G PCEJ #PVKQEJKC \WTÒEM

273

9420

9421

#UUCTKC TGFW\KGTV 0KMCKC $KVJ[PKC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 5VCFVOCWGT 9GKUGT $TCWPG 2CVKPC UGJT UEJÌP

&GT 4GXGTU \GKIV FKG 5VCFVOCWGT XQP 0KMCKC FKG PCEJ FGO )QVGPUVWTO UVCTM CWUIGDCWV YQTFGP YCT &KGUG 5VCFVOCWGT JCV UKEJ DKU JGWVG GTJCNVGP

3WKGVWU $ #PVQPKPKCP 5COQUCVC I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG #GSWKVCU UVGJV N OKV 9CCIG WPF (ÒNNJQTP /+4 P 4+% 5GJT UEJÌP

9422

9423

#WTGNKCPWU 5GUVGT\ 4QO 'OKUUKQP I )GRCP\GTVG $ÒUVG T OKV .QTDGGT MTCP\ -CKUGT WPF -CKUGTKP TGKEJGP UKEJ FKG *CPF FCTÒDGT $ÒUVG FGU 5QN T /+4 4+% )TÒPG 2CVKPC UGJT UEJÌP

%CTKPWU HÒT /CIPKC 7TDKEC #PVQPKPKCP 6KEKPWO I &TCRKGTVG $ÒUVG T OKV &KCFGO CWH /QPFUKEJGN 8GPWU UVGJV N OKV *GNO <GRVGT WPF 5EJKNF 4+% 4 5GJT UEJÌP

9424

9425

%CTCWUKWU #PVQPKPKCP .QPFKPKWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG =.')? ::++ =24+/+)? %CRTKEQTP N 4+% 4 5GJT UEJÌP UEJÌP

#PVQPKPKCP .QPFKPKWO ! I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2CZ UVGJV N OKV <YGKI WPF <GRVGT 4+% )WVGU UGJT UEJÌP

9426

9427

#NNGEVWU #PVQPKPKCP .QPFKPKWO I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG )CNGGTG

0CXKU NWUQTKC N $WTPGVV 4+% 5GJT UEJÌPpXQT\ÒINKEJ

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 OKPK OCNG <GKV FGT 'KPYGKUWPI DGPÌVKIVG WPF FCJGT OKV TGIWN·TGP .CPFVTWRRGP DGOCPPV YWTFG #PJCPF FGT KP /CKP\ IGHWP FGPGP 0CXGU NWUQTKCG YWTFG CP FGT 7PKXGTUKV·V 4GIGPUDWTI GKPG .WUQTKC PCEJIGDCWV UKGJG (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

#PVQPKPKCP WPDGUVKOOVG /ÒP\UV·VVG I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG 2TQXKFGPVKC UVGJV N OKV )NQDWU WPF (ÒNNJQTP $WTPGVV 4+% 5GJT UEJÌP &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

274

1,5:1

&KQENGVKCPWU Õ #TIGPVGWU 5KUEKC I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QR HGTP XQT /CWGTTKPI 4+% C -N 5EJTÌVNKPIUTK XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

1,5:1

9428

9429

1,5:1

Õ #TIGPVGWU 6KEKPWO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 4 5VGORGNHTKUEJGU 2TCEJVGZGORNCT

9431

9430

(QNNKU -CTVJCIQ 1HHK\KP I -QRH T OKV .QTDGGTMTCP\ -CTVJCIQ UVGJV X X -QRH N KP DGKFGP *·PFGP (TÒEJVG 4+% C 8QT\ÒINKEJ

Õ #TIGPVGWU 6TGXGTK I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI WPVGP -GWNG 4+% 44 (GKPG 6ÌPWPI CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

9432

9433

/CZKOKCPWU + Õ #TIGPVGWU 6TGXGTK I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% D 4 (CUV XQT\ÒINKEJ XQT\ÒINKEJ

%QPUVCPVKWU + Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CK UGT QRHGTP XQT /CWGTTKPI 4+% C 5GJT UEJÌP

9434

9435

/CZKOKCPWU ++ )CNGTKWU HÒT )CNGTKC 8CNGTKC (QNNKU #NGZCPFTKC I &TCRKGTVG $ÒUVG T OKV &KCFGO 8GPWU UVGJV N OKV #RHGN 4+% &WPMNG 2CVKPC XQT\ÒINKEJGU 2TCEJVGZGORNCT

/CZGPVKWU HÒT &KXWU 4QOWNWU (QNNKU 1UVKC I -QRH T )TCDOQPW OGPV 4+% 4 5GJT UEJÌP

/ÌINKEJGTYGKUG KUV FCU CWH FKGUGT /ÒP\G FCTIGUVGNNVG VGORNWO FKXK 4QOWNK CNU 8QTDCW FGT -KTEJG FGT *N -QUOCU WPF &COKCPWU GTJCNVGP IGDNKGDGP

275

9436

1,5:1

/CTVKPKCPWU (QNNKU 0KEQOGFKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5VTCJNGPDKPFG ,WRKVGT UVGJV N OKV 8KEVQTKC CWH )NQDWU WPF <GRVGT FCXQT #FNGT FCJKPVGT )GHCPIGPGT 4+% 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP /CTVKPKCPWU YCT \WP·EJUV OCIKUVGT QHHKEKQTWO FGU .KEKPKWU FGT KJP PCEJ FGT 5EJNCEJV XQP #FTKCPQRGN KO ,WNK \WO #WIWUVWU GTJQD 0CEJ FGT 0KGFGTNCIG FGU .KEKPKWU KP FGT 5EJNCEJV XQP %JT[UQRQNKU CO 5GRVGODGT IG TKGVGP .KEKPKWU WPF /CTVKPKCPWU KP FKG )GHCPIGPUEJCHV FGU %QPUVCPVKPWU + FGT UKG YQJN JKPTKEJVGP NKG

9437

9438

9437

%QPUVCPVKPWU + (QNNKU 6KEKPWO 1HHK\KP I -QRH T OKV .QTDGGTMTCP\ *GTEWNGU UVGJV N WPF GTYÒTIV FGP PGOGKUEJGP .ÌYGP WPVGP -GWNG 4+% $TCWPG 2CVKPC HCUV XQT\ÒINKEJ

(QNNKU 6TGXGTK I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ +P -TCP\ 816 : #8) 0 4+% 44 )TÒPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

9439

9440

$ #TIGPVGWU 6TGXGTK I )GRCP\GTVG $ÒUVG T OKV *GNO <YGK 8KEVQTKGP JCNVGP 5EJKNF ÒDGT #NVCT 4+% 44 'VYCU 5KNDGTUWF XQT\ÒINKEJ

(QNNKU 6JGUUCNQPKEC 1HHK\KP I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ 5QN UVGJV N OKV )NQDWU CWH FGO 2NCP GKPGU TÌOKUEJGP .CIGTU ! 4+% 44 'VYCU 5KNDGTUWF IWVGU UGJT UEJÌP

'ZGORNCT FGT #WMVKQP #WHJ·WUGT /ÒPEJGP 0T

9442

9441

HÒT &KXWU %QPUVCPVKWU + (QNNKU #SWKNGKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 5EJNGKGT #FNGT CWH #NVCT X X 4+% KTTVÒONKEJG 8U .GIGPFG &WPMGNITÒPG 2CVKPC XQT\ÒINKEJ

%QPUVCPVKWU ++ Õ 5KNKSWC %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 816+5 ::: /8.6+5 :::: KP -TCP\ 4+% 4 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

1,5:1

276

9443 1,5:1

Õ /KNKCTGPUG NGKEJV 6JGUUCNQPKEC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5QNFCV UVGJV T OKV 5RGGT WPF 5EJKNF 4+% 4 (CUV XQT\ÒINKEJ

9444

9445

9446

Õ 5KNKSWC 5KTOKWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO +O -TCP\ 816+5 ::: /8.6+5 :::: 4+% (GKPG 6ÌPWPI UGJT UEJÌP

'ZGORNCT FGT #WMVKQP (TKV\ 4WFQNH -ÒPMGT 1UPCDTÒEM 0T

Õ 5KNKSWC 5KTOKWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 816+5 ::: /8.6+5 :::: KP -TCP\ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

/CIPGPVKWU &QRRGNOCKQTKPC #TGNCVG 1HHK\KP I &TCRKGTVG $ÒUVG T %JTKUVQITCOO \YKUEJGP #NRJC WPF 1OGIC 4+% &WPMNG 2CVKPC HCUV XQT\ÒINKEJ

9447

9447 1,5:1

,WNKCPWU ++ #RQUVCVC &QRRGNOCKQTKPC %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5VKGT UVGJV T 4+% &WPMGNITÒPG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

&CU /ÒP\DKNF TKGH WPVGT FGT EJTKUVNKEJGP $GXÌNMGTWPI XQP #PVKQEJKC ITQGP #WHTWJT JGTXQT &KG #PVKQEJGPGT FGWVG VGP 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 XKG NGTNGK )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 &KG LÒPIUVG &GWVWPI FGU 5VKGTGU CNU -QP\GRVKQPU\GKEJGP -C[ 'JNKPI KP ,0) 5 UVGJV KO 9KFGTURTWEJ \WT XQP ,WNKCP XGTVTGVGPGP 2JKNQUQRJKG FGU +CODNKEJQU WPF FGT EJCNF·KUEJGP 1TCMGN UKGJG 6JQTOCPP -QP\GRVKQPU\GKEJGP CWH CPVKMGP /ÒP\GP! KP )0

9449

9448

9450

9448

&QRRGNOCKQTKPC 5KUEKC 1HHK\KP I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 5VKGT UVGJV T 4+% )TÒPG 2CVKPC CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

2TQEQRKWU %GPVGPKQPCNKU 0KEQOGFKC I &TCRKGTVG $ÒUVG N OKV 2GTNFKCFGO -CKUGT UVGJV X X -QRH T OKV .CDCTWO WPF 5EJKNF QDGP %JTKUVQITCOO WPVGP PKEJV KFGPVKHK\KGTVGU 1DLGMV 4+% 4 &WPMGNITÒPG 2CVKPC MN -QTTQUKQPUUVGNNG XQT\ÒINKEJ

)TCVKCPWU Õ 5KNKSWC #SWKNGKC I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N CWH 2CP\GT OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% D )WVGU UGJT UEJÌP

277

9452

9451

/CIPWU /CZKOWU Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V X X OKV )NQDWU WPF 5RGGT 4+% D (CUV XQT\ÒINKEJ

(NCXKWU 8KEVQT Õ 5KNKSWC /GFKQNCPWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV )NQDWU WPF 5RGGT 4+% D 44 (CUV UGJT UEJÌP

9453

1,5:1

*QPQTKWU Õ /KNKCTGPUG NGKEJV %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG N OKV 2GTNFKCFGO -CKUGT UVGJV X X OKV GTJQDGPGT 4GEJVGP WPF )NQDWU N 5VGTP 4+% 4 9KP\KIG 5EJTÌVNKPIUTKUUG XQT\ÒINKEJGU 'ZGORNCT

9454

1,5:1

%QPUVCPVKPWU +++ Õ 5KNKSWC .WIFWPWO I &TCRKGTVG $ÒUVG T OKV 2GTNFKC FGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% 44 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

%QPUVCPVKPWU +++ YWTFG KP $TKVCPPKGP \WO #WIWUVWU GTJQDGP 'T UGV\VG DCNF PCEJ )CNNKGP Ò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

9455

1,5:1

%QPUVCPU ++ Õ 5KNKSWC #TGNCVG I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF 5RGGT 4+% XGTIN 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 6ÌPWPI +O 5GRVGODGT FTCPIGP $CTDCTGP ÒDGT FKG 2[TGP·GP PCEJ 5RCPKGP XQT %QPUVCPVKPWU +++ GTJQD FCTCWHJKP UGKPGP ·NVGTGP 5QJP %QPUVCPU \WO #WIWUVWU WPF UCPFVG KJP PCEJ 5RCPKGP &QEJ FGT KP 5RCPKGP \WTÒEMIGDNKGDGPG OCIKUVGT OKNKVWO )GTQPVKWU HÒJNVG UKEJ \WTÒEMIGUGV\V RTQMNCOKGTVG /CZKOWU \WO #WIWUVWU WPF DGM·ORHVG %QPUVCPU ++ FGP GT PCEJ UGKPGO 5KGI JKPTKEJVGP NKG

278

9457

9458

9456

6'55'4'0 70& 52+064+'0

7PFCVKGTVG 6GUUGTGP 6GUUGTC I 'TQU UVGJV T )NCVV %QJ )ÌDN #PVKMG 0WOKUOCVKM XGTIN 2N #XGTU /NCUQYUM[ 4QUVQXVUGY 2TQW (CUV UGJT UEJÌP

2D 6GUUGTC I 'TQUMQRH T ÒDGT FGT 5EJWNVGT $QIGP #RJTQFKVG UVGJV X X WPF YTKPIV KJTG .QE MGP CWU %QJ )ÌDN #PVKMG 0WOKUOCVKM /NCUQYUM[ 4QUVQXVUGY 2TQW XGTIN 5 HH 4 5GJT UEJÌP

2D 6GUUGTC I 2TQTC #EJVUVTCJNKIGT 5VGTP %QJ )ÌDN #PVKMG 0WOKUOCVKM /NCUQYUM[ 4QUVQXVUGY 2TQW 44 8QT\ÒINKEJ

9459

9460

9461

9462

6GUUGTGP FGU ,CJTJWPFGTVU P %JT 6GUUGTC I 8KGTDGKPGT T FCTÒDGT #0 WPVGP 6 )NCVV #WMVKQP 5EJWNVGP WPF %Q -ÌNP #RTKN 0T FKGU 'ZGORNCT UQPUV YQJN WPGFKGTV 44 5GJT UEJÌP 'U JCPFGNV UKEJ OÌINKEJGTYGKUG WO GKPG /CTMG GKPGU RTKXCVGP 5GGJCPFGNJCWUGU KP 1UVKC

6GUUGTC I #% #. )NCVV #WMVKQP 5EJWNVGP WPF %Q -ÌNP #RTKN 0T FKGU 'ZGORNCT UQPUV YQJN WPGFKGTV 44 5GJT UEJÌP

'U JCPFGNV UKEJ OÌINKEJGTYGKUG WO GKPG /CTMG GKPGU RTKXCVGP 5GGJCPFGNJCWUGU KP 1UVKC

6GUUGTC I )CNGGTG OKV \YGK 4WFGTGTP FCTÒDGT /28 )NCVV #WMVKQP 5EJWNVGP WPF %Q -ÌNP /·T\ 0T FKGU 'ZGORNCT UQPUV YQJN WPGFKGTV 44 5GJT UEJÌP

'U JCPFGNV UKEJ OÌINKEJGTYGKUG WO GKPG /CTMG GKPGU RTKXCVGP 5GGJCPFGNJCWUGU KP 1UVKC

6GUUGTC I 4QOC ! UKV\V N OKV <GRVGT )NCVV #WMVKQP /ÒP\ <GPVTWO 5QNKPIGP 1JNKIU 0T FKGU 'ZGORNCT 44 5GJT UEJÌP

'U JCPFGNV UKEJ OÌINKEJGTYGKUG WO GKPG /CTMG GKPGU RTKXCVGP 5GGJCPFGNJCWUGU KP 1UVKC

9463

9464

6GUUGTC I /QFKWU OKV FTGK JTGP -CPVJCTQU %QJ $F 8+++ 5 0T )ÌDN #PVKMG 0WOKUOCVKM 2N 0T /NCUQYUM[ 4 )TÒPG 2CVKPC UGJT UEJÌP

6GUUGTC I <YGK *WHGKUGP WOJGT GKP KP \YGK 6KGTMÌRHGP GPFGPFGT 4GKH 64+ 7/2 $CWO \YKUEJGP +1 +1 %QJ $F 8+++ 5 )ÌDN #PVKMG 0WOKUOCVKM 6H /NCUQYUM[ 4Q UVQX\GY 2TQW XGTIN 5 #PO )TÒPG 2CVKPC UGJT UEJÌP

9465

9466

6GUUGTGP FGU ,CJTJWPFGTVU P %JT 6GUUGTC I /QPQITCOO 64 ) %QJ $F 8+++ 5 )ÌDN #PVKMG 0WOKUOCVKM 2N 4GXGTU INCVV /NCUQYUM[ XGTIN ) 5GKVG 4 $TCWPG 2CVKPC UGJT UEJÌP

6GUUGTC I #22( KP -TCP\ <GRVGT OKV D·TVKIGO -QRH N %QJ $F 8+++ 5 0T )ÌDN #PVKMG 0WOKUOCVKM 6H /NCUQYUM[ $TCWPG 2CVKPC UGJT UEJÌP

#22( UVGJV YQJN HÒT # RQNNKPCTGU 2 GEWPKC 2 WDNKEC ( KWPV CNUQ &KG CRQNNKPKUEJGP 5RKGNG YGTFGP FWTEJ ÌHHGPVNK EJG )GNFGT CWUIGTKEJVGV

279

9468

9467

2D 6GUUGTC I (TCWGPMQRH T )NCVV /NCUQYUM[

5GJT UEJÌP

6GUUGTGP FGU ,CJTJWPFGTVU P %JT 6GUUGTC I #EJVUVTCJNKIGT 5VGTP +P -TCP\ 1 %5 % %QJ $F 8+++ 5 0T )ÌDN #PVKMG 0WOKUOCVKM 6H /NCUQYUM[ 4 5GJT UEJÌP

&CU 5VÒEM YWTFG XGTOWVNKEJ WPVGT %QPUVCPVKPWU + IGRT·IV

.165 4¤/+5%*'4 /ª0<'0

5COONWPI OGKUV TÌOKUEJGT /ÒP\GP &KG KPVGTGUUCPVG 5COONWPI GPVJ·NV \CJNTGKEJG 2T·IWPIGP FGT TÌOKUEJGP -CKUGT\GKV KP 5KNDGT $TQP\G WPF $KNNQP W C GKPG /ÒP\OGKUVGTRT·IWPI FGU #WIWUVWU GKPGP %KUVQRJQT FGU #WIWUVWU 4GXGTU $ÒPFGN XQP UGEJU JTGP &GPCTG XQP )CNDC 8KVGNNKWU WPF /CETKPWU GVE GKPGP 3WKPCT FGU 6TCKCP WPF GKPG 5KNKSWC FGU ,WNKCPWU ++ #RQUVCVC &WTEJ FKG XKGNGP KP FGT 5COONWPI XGTVTGVGPGP -CKUGT WPF MCKUGTNKEJGP &COGP UQYKG FKG VGKNU TGEJV IWVGP 3WCNKV·VGP GKIPGV UKEJ FCU 1DLGMV JGTXQTTCIGPF \WO #WH QFGT #WUDCW GKPGT 4ÌOGTUCOONWPI WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP EC 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

4ÌOKUEJG $TQP\GOÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV TGKEJUTÌOKUEJG /ÒP\GP OGKUV FGT -CKUGT\GKV ÒDGTYKGIGPF 5GUVGT\G CDGT CWEJ #UUG &WRQPFKGP WPF 3WCFTCPVGP XQP FGT 4GRWDNKM DKU KPU FTKVVG ,CJTJWPFGTV P %JT 'PVJCNVGP UKPF W C 2T·IWPIGP XQP %NCWFKWU )CNDC &QOKVKCP 0GTXC 6TCKCP *C FTKCP #GNKWU #PVQPKPWU 2KWU /CTEWU #WTGNKWU (CWUVKPC HKNKC .WEKNNC 5GRVKOKWU 5GXGTWU 5GXGTWU #NGZCPFGT /CZKOKPWU 6JTCZ )QTFKCPWU +++ 2JKNKRRWU #TCDU 6TCKCPWU &GEKWU )CNNKGPWU GVE *QEJKPVGTGUUCPVGU .QV DKVVG WPDGFKPIV DGUKEJVKIGP EC 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

.QV ÒDGTYKGIGPF TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV EC CPVKMG OGKUV TÌOKUEJG /ÒP\GP FCTWPVGT W C ÒDGT &GPCTG \CJNTGKEJG VGKNU TGEJV JÒDUEJG #PVQPKPKCPG CDGT CWEJ TGKEJU TÌOKUEJG $TQP\GOÒP\GP WPF YGPKIG 2TQXKP\KCNRT·IWPIGP (GTPGT UKPF GVYC OQFGTPG /ÒP\GP GPV JCNVGP ÒDGTYKGIGPF CWH 2HGPPKI NCWVGPFG 0QOKPCNG FGT $WPFGUTGRWDNKM &GWVUEJNCPF &CU KPVGTGUUCPVG .QV FCU WPDGFKPIV DGUKEJVKIV YGTFGP UQNNVG DGHKPFGV UKEJ KP \YGK $GDCM·UVGP EC 5VÒEM /GKUV UGJT UEJÌP

)TQGU .QV TÌOKUEJGT 2TQXKP\KCNRT·IWPIGP OKV 5GNVGPJGKVGP WPF DGUUGTGP 5VÒEMGP &CU JQEJKPVGT GUUCPVG 1DLGMV GPVJ·NV W C XKGT %KUVQRJQTGP FGU #WIWUVWU JTGP /CTUVGORGN #NVCT 6TKWORJDQIGP GKPGP %KUVQRJQT FGU *CFTKCP 0GOGUGKU GKPG UVCTM ÒDGTCTDGKVGVG $TQP\G FGU #PVKPQQU CWU 5O[TPC

-QRH T 9KFFGT T UQYKG XKGNG YGKVGTG VGKNU JÒDUEJG WPF UGNVGPG 2T·IWPIGP CWU XKGNGP 6GKNGP FGU 4GK EJGU 5EJYGTRWPMV 6JTCMKGP WPF -NGKPCUKGP *QEJKPVGTGUUCPVGU \WO #WH QFGT #WUDCW GKPGT 5COO NWPI XQP 2TQXKP\KCNRT·IWPIGP JGTXQTTCIGPF IGGKIPGVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP

-NGKPG 5COONWPI XQP /ÒP\GP FGT TÌOKUEJGP 4GRWDNKM &KG 5COONWPI GPVJ·NV FTGK $TQP\GOÒP\GP WPF 5KNDGTOÒP\GP ÒDGTYKGIGPF &GPCTG FCTWPVGT CWEJ DGUUGTG 5VÒEMG \ $ 2GVKNNKWU %CRKVQNKPWU

,WRKVGTMQRH ,WRKVGTVGORGN *QEJKPVGTGUUCPVGU 1DLGMV FCU UKEJ JGTXQTTCIGPF HÒT FGP #WH QFGT #WUDCW GKPGT 4GRWDNKMUCOONWPI GKIPGV WPF WPDGFKPIV DGUKEJVKIV YGTFGP UQNNVG 5VÒEM /GKUV UGJT UEJÌP

-NGKPGU .QV XQP /ÒP\GP FGT TÌOKUEJGP 4GRWDNKM 'PVJCNVGP UKPF GKP 5GZVCPU #GU ITCXG %TCYH GKPG 5GOWPEKC %TCYH UQYKG XKGT &GPCTG %TCYH +PVGTGU UCPVGU MNGKPGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV KORGTCVQTKUEJGT 2T·IWPIGP 2QORGKWU OCIPWU OKPQT Õ &GPCT %TCYH C / +WPKWU $TWVWU Õ &GPCT %TCYH Õ 3WKPCT %TCYH /CTEWU #PVQPKWU Õ 3WKPCT Z %TCYH D %TCYH 5VÒEM /GKUV UGJT UEJÌP

280

5COONWPI OGKUV TÌOKUEJGT /ÒP\GP FGT -CKUGT\GKV &KG KPVGTGUUCPVG 5COONWPI GPVJ·NV ÒDGTYKGIGPF TGKEJUTÌOKUEJG /ÒP\GP FGU ,CJTJWPFGTVU P %JT $GUQPFGTU UVCTM UKPF $TQP\GOÒP\GP XGTVTGVGP

OGKUV 5GUVGT\GP &WRQPFKGP WPF #UUG FCDGK CWEJ 5GUVGT\GP FGU $CNDKPWU WPF 2WRKGPWU #WEJ GKPKIG &GPCTG WPF #PVQPKPKCPG UKPF GPVJCNVGP &WTEJ FKG XKGNGP KP FGT 5COONWPI XGTVTGVGPGP -CKUGT WPF MCK UGTNKEJGP &COGP UQYKG FKG VGKNU UGNVGPGP 4GXGTUFCTUVGNNWPIGP GKIPGV UKEJ FCU 1DLGMV JGTXQTTCIGPF \WO #WH QFGT #WUDCW GKPGT 4ÌOGTUCOONWPI *QEJKPVGTGUUCPVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP EC 5VÒEM <WO 6GKN UGNVGP 5EJÌPpUGJT UEJÌP

-NGKPG 5COONWPI XQP /ÒP\GP JCWRVU·EJNKEJ FGT TÌOKUEJGP -CKUGT\GKV &KG JQEJKPVGTGUUCPVG 5COONWPI GPVJ·NV W C GKPGP 3WKPCT FGU #WIWUVWU &GPCTG XQP FGT 4GRWDNKM DKU KP FCU ,CJTJWPFGTV P %JT #PVQPKPKCPG FCTWPVGT GKP %QPUGETCVKQPUCPVQPKPKCP FGU 2JKNKRRWU #TCDU HÒT &KXWU 6TCKCPWU HGTPGT 5GUVGT\G W C \YGK /ÒP\OGKUVGTUGUVGT\G FGU #WIWUVWU WPF GKP 5GUVGT\ FGU %CNKIWNC OKV 1R HGTU\GPG UQYKG FKXGTUG MNGKPGTG $TQP\GPQOKPCNG CWU FGT <GKV FGU ,CJTJWPFGTVU P %JT *QEJKPVGT GUUCPVGU 1DLGMV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpXQT\ÒINKEJ

-NGKPGU .QV TÌOKUEJGT /ÒP\GP KP JÒDUEJGP 3WCNKV·VGP 'PVJCNVGP UKPF FTGK &GPCTG FGU /CTEWU #W TGNKWU Z %CGUCT Z #WIWUVWU GKP &WRQPFKWU FGU /CTEWU #WTGNKWU WPF GKP #PVQPKPKCP FGU 2JKNKRRWU + #TCDU 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

.QV OGKUV TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV ÒDGTYKGIGPF TÌOKUEJG /ÒP\GP XQP FGT 4G RWDNKM DKU KP FKG 5R·VCPVKMG OGKUV $TQP\GOÒP\GP CDGT CWEJ GKPKIG #PVQPKPKCPG 'PVJCNVGP UKPF \ $ GKP 0GOCWUWU #U GKP #U FGU %CNKIWNC GVE #WEJ GKPKIG ITKGEJKUEJG $TQP\GOÒP\GP UKPF GPVJCNVGP +PVGT GUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 'KP 5VÒEM IGNQEJV UEJÌPpXQT\ÒINKEJ

/ÒP\GP FGT TÌOKUEJGP 4GRWDNKM 5COONWPI XQP VGKNU TGEJV JÒDUEJGP &GPCTGP FGT TÌOKUEJGP 4GRWDNKM UQYKG \YGK $TQP\GP 'PVJCNVGP UKPF W C GKP &GPCT FGU .WETGVKWU 6TKQ 4GXGTU %WRKFQ CWH &GNRJKP GKP .GIKQPUFGPCT FGU /CTEWU #PVQPKWU .GIKQ +8 UQYKG GKPKIG YGKVGTG KPVGTGUUCPVG &GPCTG *QEJKPVGTGUUCPVGU .QV DKVVG WPDGFKPIV DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP GKPKIG DGUUGT

.QV TÌOKUEJGT /ÒP\GP FGT -CKUGT\GKV 'PVJCNVGP UKPF XKGT &GPCTG FGU #WIWUVWU 5VKGT UVÌV N $CTDCT MPKGV T OKV 5VCPFCTVG #RQNNQ #EVKWU &KCPC OKV *WPF GKP 0GOCWUWU #U GKP &WRQPFKWU HÒT &KXWU #WIWUVWU WPF GKP 5GUVGT\ FGU #PVQPKPWU 2KWU &C\W GKPG KORGTCVQTKUEJG 2T·IWPI &GPCT /CTEWU #P VQPKWU 1EVCXKCPWU 5VÒEM /GKUV UGJT UEJÌP

.QV OGKUV TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV &GPCTG FCTWPVGT Z 4GRWDNKM \YGK 2TQ XKP\KCNRT·IWPIGP FCDGK GKPG U[TKUEJG 6GVTCFTCEJOG FGU %CTCECNNC GKPGP (QNNKU %QPUVCPVKPU FGU )TQGP UQYKG \YGK ITKGEJKUEJG 6GVTCFTCEJOGP 6JCUQU WPF 5[TKC &GOGVTKQU + GKPG &KFTCEJOG XQP 6CTGPV

MQTTQFKGTV GKPG RCTVJKUEJG &TCEJOG WPF GKPG $TQP\G XQP #OKUQU $KVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP GKP 5VÒEM XGTUKNDGTV

#PVQPKPKCPG 'PVJCNVGP UKPF 2T·IWPIGP XQP 'NCICDCN )QTFKCPWU +++ 2JKNKRRWU + 2JKNKRRWU ++ 1VCEK NKC 5GXGTC 6TCKCPWU &GEKWU *GTGPPKC 'VTWUEKNNC *GTGPPKWU 'VTWUEWU 8QNWUKCPWU WPF 6TGDQPKCPWU )CNNWU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP EC 5VÒEM 6GKNU GVYCU $GNCI OGKUV UGJT UEJÌP

&GPCTG XQP FGT 4GRWDNKM DKU KPU FTKVVG ,CJTJWPFGTV P %JT 'PVJCNVGP UKPF YGPKIG &GPCTG FGT 4GRWDNKM GKPG KORGTCVQTKUEJG 2T·IWPI UQYKG \CJNTGKEJG 2T·IWPIGP FGT -CKUGT\GKV 7PVGT FGP &GPCTGP UKPF GKPKIG #PKOCG &C\W GKP 3WKPCT FGT 4GRWDNKM WPF GKP &GPCT FGU ,WDC + XQP 0WOKFKGP +PVGTGU UCPVGU .QV DKVVG DGUKEJVKIGP EC 5VÒEM /GKUV UGJT UEJÌP

4ÌOKUEJG &GPCTG FGT -CKUGT\GKV 6KDGTKWU 6TKDWVGRGPP[ 0GTXC *CFTKCP %QOOQFWU 5GRVKOKWU 5GXGTWU %CTCECNNC )GVC Z 'NCICDCN ,WNKC 5QCGOKCU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌP

.QV OGKUV TÌOKUEJGT /ÒP\GP 'PVJCNVGP UKPF GKP %KUVQRJQT FGU #WIWUVWU 4GXGTU 6TKWORJDQIGP &GPCTG &QOKVKCPWU 0GTXC 6TCKCPWU (CWUVKPC OCVGT &KXWU .WEKWU 8GTWU 5GRVKOKWU 5GXGTWU ,WNKC &QOPC )GVC UQYKG GKP #PVQPKPKCP FGT 5CNQPKPC &C\W Z MGNVKUEJGU 4KPIIGNF +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

-NGKPGU .QV TÌOKUEJGT /ÒP\GP FGT -CKUGT\GKV 'PVJCNVGP UKPF GKP #U FGU %CNKIWNC GKP #PVQPKPKCP FGU 2JKNKRRWU #TCDU UQYKG GKP #PVQPKPKCP FGU 5CNQPKPWU 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

-NGKPGU .QV TÌOKUEJGT /ÒP\GP 'PVJCNVGP UKPF GKP 3WCFTCPU FGU &QOKVKCPWU /KPGTXCMQRH 1NKXGP \YGKI 4+% GKP &GPCT FGU 5GRVKOKWU 5GXGTWU 8KEVQTKC GKP &GPCT FGU #PVQPKPWU +++ %CTCECNNC

5CNWU UKV\V N UQYKG GKP 5GUVGT\ FGU 2JKNKRRWU ++ 4+% C UGNVGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

)GOKUEJVGU .QV OGKUV TÌOKUEJGT /ÒP\GP 'PVJCNVGP UKPF W C 5GUVGT\G ÒDGTYKGIGPF FGU WPF ,CJTJWPFGTVU #PVQPKPKCPG OGKUV )CNNKGPWU &KQENGVKCP UR·VCPVKMG $TQP\GOÒP\GP XQP FGT 6GVTCTEJKG DKU \WT 5R·VCPVKMG W C Z &KXWU 4QOWNWU UQYKG FKXGTUG OGKUV TÌOKUEJG /ÒP\GP

&WRQPFKGP #UUG YGPKIG )TKGEJGP WPF 2TQXKP\KCNRT·IWPIGP GVE *QEJKPVGTGUUCPVGU .QV DKVVG DG UKEJVKIGP EC 5VÒEM <WO 6GKN UGNVGP 'KPKIG MQTTQFKGTV WPF DGUEJ·FKIV IGTKPI GTJCNVGPpUGJT UEJÌP

.QV TÌOKUEJGT &GPCTG WPF #PVQPKPKCPG &CU KPVGTGUUCPVG .QV GPVJ·NV &GPCTG W C Z TÌOKUEJG 4GRWDNKM Z #WIWUVWU 0GTQ )CNDC 1VJQ #GNKWU GVE #PVQPKPKCPG W C %CTCECNNC UQYKG GKPGP %KUVQRJQT FGU #WIWUVWU &C )GRT·IG XKGNGT -CKUGT WPF MCKUGTNKEJGT &COGP WPF CWEJ GKPKIG KPVGTGUUCPVG 4ÒEMUGKVGPOQVKXG GPVJCNVGP UKPF GKIPGV UKEJ FCU 1DLGMV JGTXQTTCIGPF \WO #WH QFGT #WUDCW GKPGT 4Ì OGTUCOONWPI WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP YGPKIG UEJÌP

281

.QV TÌOKUEJGT $TQP\GOÒP\GP WPF 2TQXKP\KCNRT·IWPIGP &CU KPVGTGUUCPVG .QV GPVJ·NV TGKEJUTÌOK UEJG $TQP\GOÒP\GP 5GUVGT\GP &WRQPFKGP WPF #UUG FCTWPVGT W C #ITKRRC &TWUWU %NCWFKWU #PVQ PKC 0GTQ ,WNKC 6KVK 0GTXC #GNKWU .WEKWU 8GTWU GVE UR·VTÌOKUEJG $TQP\GOÒP\GP UQYKG XKGT 2TQXKP\KCNRT·IWPIGP W C FTGK 6GVTCFTCEJOGP CWU #NGZCPFTKC &C\W GKP &WRQPFKWU %CGUCTU %TCYH 5VÒEM 'KPKIG UGNVGP 5EJÌPpUGJT UEJÌP

5[TKUEJG 6GVTCFTCEJOGP 'PVJCNVGP UKPF 6GVTCFTCEJOGP XQP #PVQPKPWU +8 'NCICDCN )QTFKCPWU +++ 2JKNKRRWU ++ WPF 6TCKCPWU &GEKWU CWU #PVKQEJKC GKPG 6GVTCFTCEJOG FGU /CETKPWU CWU $GTQGC UQYKG GKPG 6GVTCFTCEJOG FGU &KCFWOGPKCPWU CWU *KGTCRQNKU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌP WPF DGUUGT

)GOKUEJVGU .QV TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV W C 5KNDGTOÒP\GP FGT TÌOKUEJGP 4GRWDNKM OGKUV &GPCTG &GPCTG WPF FTGK 5GUVGT\G FGT -CKUGT\GKV UQYKG FKXGTUG #PVQPKPKCPG WPF UR·VTÌOKUEJG $TQP\GOÒP\GP +PVGTGUUCPVGU 1DLGMV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

&GPCTG WPF #PVQPKPKCPG FGU ,CJTJWPFGTVU P %JT 'PVJCNVGP UKPF 2T·IWPIGP XQP )QTFKC PWU +++ 'NCICDCN WPF 2JKNKRRWU ++ +PVGTGUUCPVGU .QV OKV GKPKIGP UGJT CVVTCMVKXGP 5VÒEMGP DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

5COONWPI OGKUV MCKUGT\GKVNKEJGT TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG 1DLGMV GPVJ·NV ÒDGTYKGIGPF /ÒP\GP FGT TÌOKUEJGP -CKUGT\GKV XQO ,CJTJWPFGTV DKU KP FKG 5R·VCPVKMG FCTWPVGT CWEJ DGUUGTG 5VÒEMG \ $ \YGK 5GUVGT\G FGU 0GTXC GKPGP 5GUVGT\ FGU 0GTQ %NCWFKWU &TWUWU GKPGP 5GUVGT\ FGU %NCWFKWU GKPGP #U FGU &QOKVKCPWU CWH FKG 5·EWNCTHGKGTP GVE &KG XGTVTGVGPGP 0QOKPCNG TGKEJGP XQO 3WCFTCPU DKU \WO 5GUVGT\ HGTPGT UKPF (QNNGU 0WOOK &GPCTG WPF #PVQPKPKCPG GPVJCNVGP &WTEJ FKG XKGNGP XGTVTGVGP -CKUGT WPF 0QOKPCNG FKG GPVJCNVGPGP 5GNVGPJGKVGP WPF FKG VGKNU UGJT CVVTCMVKXGU 5VÒEMG KUV FCU 1DLGMV JGTXQTTCIGPF CNU )TWPFNCIG HÒT FGP #WH QFGT #WUDCW GKPGT 4ÌOGTUCOONWPI IGGKIPGV WPF UQNNVG WPDGFKPIV DGUKEJVKIV YGTFGP 5VÒEM <WO 6GKN UGNVGP 5EJÌPpXQT\ÒINKEJ

5R·VTÌOKUEJG $TQP\GOÒP\GP WPF #PVQPKPKCPG &CU .QV GPVJ·NV ÒDGTYKGIGPF UR·VTÌOKUEJG $TQP\G OÒP\GP (QNNGU WPF 6GKNUVÒEMG /CKQTKPCG %GPVGPKQPCNGU GVE XQP FGT 6GVTCTEJKG DKU DKU KP FKG 5R·VCPVKMG WPF #PVQPKPKCPG HGTPGT YGPKIG 2TQXKP\KCNRT·IWPIGP GVE +PVGTGUUCPVGU .QV DKVVG DGUKEJVK IGP EC 5VÒEM 5EJÌPpUGJT UEJÌP

-NGKPG 5COONWPI OGKUV TÌOKUEJGT /ÒP\GP 'PVJCNVGP UKPF &GPCTG XQP FGT 4GRWDNKM DKU KPU FTKVVG ,CJTJWPFGTV P %JT FKXGTUG $TQP\GOÒP\GP 4GKEJU WPF 2TQXKP\KCNRT·IWPIGP UQYKG GKPKIG QTKGPVCNK UEJG WPF D[\CPVKPKUEJG )GRT·IG +O #NDWO +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP EC 5VÒEM 5EJÌPpUGJT UEJÌP

8¤.-'49#0&'470)

9499

9498

8#0&#.'0

#PQP[O Õ 5KNKSWC ,CJTJWPFGTV -CTVJCIQ I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KEVQTKC CWH )NQDWU WPF <GRVGT )TKGTUQP $NCEMDWTP /QTTKUUQP 5EJYCTV\ KP #05/0 KOKVCVKXG )TWRRG (CUV UGJT UEJÌP

9KT JCDGP FCU 5VÒEM FGT 6TCFKVKQP HQNIGPF FGP 8CPFCNGP \WIGYKGUGP GU Y·TG PCEJ /QTTKUUQP 5EJYCTV\ WO \W FCVKGTGP *GNOWV /QUVGEM[ J·NV GU LGFQEJ HÒT OÌINKEJ FC FKG 5KNKSWGP CWU FGT KOKVCVKXGP )TWRRG DGTGKVU XQT FGT XCPFCNKUEJGP .CPFPCJOG KP GKPGT 0QVOÒP\UV·VVG KP -CTVJCIQ WPVGT $QPKHCVKWU IGRT·IV YQTFGP UKPF UKG Y·TGP FCPP XQT \W FCVKGTGP UKGJG /QUVGEM[ /ÒP\GP \YKUEJGP 4QO WPF $[\CP\ .QWXCKP .C 0GWXG 5

Õ 5KNKSWC WO -CTVJCIQ I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 4QOC UKV\V N OKV 8KE VQTKC CWH )NQDWU WPF <GRVGT )TKGTUQP $NCEMDWTP XGTIN /QTTKUUQP 5EJYCTV\ KP #05/0 FGIGPG TCVKXG )TWRRG -PCRRGT 5EJTÌVNKPI IWV CWUIGRT·IVGU UGJT UEJÌPGU 'ZGORNCT

9500

282

)GNKOGT 0WOOK WO X %JT -CTVJCIQ I 2HGTFGMQRH N ÒDGT 9GTV -ÌPKI UVGJV N OKV 5RGGT *CJP /+$ (CUV UGJT UEJÌP

.QV 2TQVQXCPFCNKUEJG WPF UR·VTÌOKUEJG /KPKOK 'PVJCNVGP KUV W C OGJTHCEJ FGT )TWPFV[R CEJV UVTCJNKIGT 5VGTP KP -TCP\ /QUVGEM[ #RRGPFKZ +++ 0T +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP 5EJÌP WPF DGUUGT

5KNKSWGP .QV XQP UKGDGP KOKVCVKXGP KO 0COGP FGU *QPQTKWU IGRT·IVGP 5KNKSWGP 5VÒEM 5EJÌPpUGJT UEJÌP

156)16'0

6JGQFGTKEJ Õ 5KNKSWC OKV 0COGP +WUVKPWU + 4CXGPPC I )GRCP\GTVG $ÒUVG T OKV 2GTNFKCFGO /QPQITCOO *CJP /+$ -TCWU /GVNKEJ XCT &C\W \YGK D[\CPVK PKUEJG $TQP\GOÒP\GP WPF GKPG XCPFCNKUEJG 5KNKSWC *CJP /+$ -TCWU /GVNKEJ XCT 5VÒEM 4 5GJT UEJÌP

$;<#06+0+5%*' /ª0<'0 $;<#0<

9504

+WUVKPKCPWU + Õ 5KNKSWC -CTVJCIQ I &TCRKGTVG $ÒUVG T OKV &KCFGO KP FGP 9KPMGNP 8 1 6 / &1% XCT 5GCT 44 5GJT UEJÌP

9506

9507

9505

(QNNKU ,CJT 0KMQOGFKC 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\ INQDWU WPF 5EJKNF T -TGW\ 9GTV &1% D 5GCT 5EJYCT\G 2CVKPC HGKPGT 5VKN HCUV XQT\ÒINKEJ

,QJCPPGU + Õ /KNKCTGUKQP %QPUVCPVKPQRQNKU I /GFCKNNQPDÒUVG X X CWH -TGW\ 5EJTKHV &1% 5GCT 'VYCU DGUEJPKVVGP UGJT UEJÌP

+UCCMKQU ++ #PIGNQU #URTQP VTCEJ[ %QPUVCPVKPQRQNKU I /CTKC VJTQPV X X -CKUGT UVGJV X X OKV -TGW\\GRVGT WPF #MCMKC &1% 5GCT ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP (CUV XQT\ÒINKEJ

.165

(TÒJG D[\CPVKPKUEJG 2T·IWPIGP &CU KPVGTGUUCPVG .QV GPVJ·NV (QNNGU WPF 6GKNUVÒEMG 0WOOK CDGT CWEJ 2T·IWPIGP KP 5KNDGT W C GKPG 5KNKSWC FGU +WUVKPKCPWU + CWU -CTVJCIQ +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN UGNVGP /GKUV UGJT UEJÌP GKPKIG UEJY·EJGT

-4'7<(#*4'4 #06+1%*+#

9509

6CPMTGF WPF (QNNKU I 5V 2GVTWU UVGJV X X OKV GTJQDGPGT 4GEJVGP WPF -TGW\ -TGW\ /CNNQ[ 2TGUVQP 5GNVOCP /GVECNHw HH 4 5GJT UEJÌP

283

LITERATURVERZEICHNIS Alexandropoulos Alföldi Alföldi Alram Alvarez-Burgos Amandry AMNG Arnold-Biucchi

van Arsdell Ashton

= = = = = = = = = = = = = =

Ashton/Weiss

Ashton et al.

= = = = = = = = = = = = = =

Atlan v. Aulock

Bab. Bbelon, Perses Babelon, Traité Bahrf. Balcer Baldus Baldwin

Balog Banti Banti/Simonetti Barron Bastien

Bendall Bérend

= = = = = = = = = = = = =

Betlyon

Bickford-Smith

Bloesch

Bauslaugh Bedoukian Bellinger

Bopearachchi Burgos Burnett

= = = = = = = = = = = = = =

Butcher Buttrey

= = =

Blum BN Bact. BMC

Bodenstedt Boehringer

284

Alexandropoulos, J.: Les monnaies de l’Afrique Antique. Toulouse 2000. 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. Amandry, M.: Notes de numismatique africane. V, in: RN XXXII (1990), S. 56-84. 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. -: The Coinage of Rhodes 408-c. 190 BC, in: Meadows/Shipton (Hrsg.), Money and its uses in the ancient greek world, Oxford 2001, S. 79-115. Ashton, R. H. J. und Weiss, A.-P. C., The Post-Plinthophoric Silver Drachms of Rhodes, in: NC 1997, S. 1-40. Ashton et al.: The Hecatomnus Hoard (CH 5.17, 8.96, 9.387), in: Coin Hoards IX (2002), S. 95-158. -: The Pixodarus Hoard (CH 9.421), in: Coin Hoards IX (2002), S. 159-243. 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. Babelon, E. : Les Perses Achéménides. Paris 1893. -: 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 1980 ff. Banti, A. und Simonetti, L.: Corpus Nummorum Romanorum. Firenze 1972 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. Butcher, K.: Coinage in Roman Syria. London 2004. Buttrey, T. V.: The Spintriae as Historical Sources, in: NC 1973, S. 52-63.

Cahn

= = =

Cahn/Gerin Calciati Calico Caltabiano Castelin

= = = = = =

CBN Coh. Coins from Karanis

= = = =

Coleiro Crawf. Crawford

= = =

Curtis Dattari Dattari/Savio De Callataÿ

= = = =

Delestrée

Delestrée/Tache

Delrieux Dembski Depeyrot

= = =

Deppert-Lippitz Desneux Dittrich DOC

= = = =

Edhem Elmer

= =

Emmet Fb. Fischer-Bossert

= = =

Forrer Franke Franke/Hirmer Franke/Nollé v. Fritze

= = = = =

Frolova Frolova/Ireland Furtwängler

= = = =

Gaebler Gallatin Gamberini Geissen

= = = =

Gielow Gilljam Gnecchi Göbl

= = = = = = = = =

Grierson/Blackburn Grose/McClean Grunauervon Hoerschelmann Gutmann/Schwabacher

= =

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Hahn/Luegmeyer Hardwick

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Hazard Head van Heesch

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Heipp-Tamer Hendy Hepworth

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Herrmann Hersh

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Herzfelder Holloway-Jenkins Hopper

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Houghton Houghton

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Houghton/Lorber Howgego Hurter

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Ierardi Imhoof-Blumer

Jenkins

= = = = = = = = =

Jenkins/Lewis Johnston

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Jones

Jongkees Jurukova

= =

Kadman von Kaenel Kampmann Karbach Karwiese Kazan Coll. Kellner Kinns

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Klein Kleiner Kleiner/Noë Klose

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Konuk

Kostial Kraay

= = = = = = = = = = = = = = = =

Kraay/King Kraus Kritt Kroll/Walker Krzyzanowska Kubitschek La Tour Lacam Lambros Lavva Lederer

Le Rider Lindgren Coll.

Lorber LPC Lukanc MacDonald Maier Malloy Mamroth Martin Mavrogordato May

Mazard Merker Meshorer Meshorer

= = = = = = = = = = = = = = = = = = =

Mionnet

= = = = = = = = = = = = = = = = = = = =

MIR

Meshorer/Qedar Metcalf Metcalf² Metlich Milbank Mildenberg

Mildenberg/Hurter Miles Milne

Mørkholm/Kromann

= = = = = = = = = =

Morrisson/Schwartz

Mitchiner Mittag Mlasowsky de Morgan Mørkholm

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287

Mostecky Moushmov Moustaka Müller Münsterberg Müseler Munro-Hay Naville Newell

Nicolet-Pierre

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Nicolet-Pierre/Amandry = = Noë Noë/Johnston Noeske Oakley Paeonian Hoard Papageorgiadou-Banis Paruck Paschalis Pfeiler

= = = = = = = = = =

Paulsen Picard

= =

Pink Price

= =

Price/Trell Price/Waggoner Prieur

= = = =

Ravel Raymond Retowski RIC Rizzo Robertson

= = = = = = =

Robinson Rostovtsew/Prou Rouvier RPC Russo

= = = = =

Rutter

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Ruzicka Sacks Sambon Scheers Scheu

Schlumb. Schönert Schönert-Geiss Schulte Schulten

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Schwabacher

= =

Sear

Senior/MacDonald

= = = = = = = = = =

Seyrig

Shore Simonetta Sjöqvist

= = = =

Sellwood Seltman

Senior

Slg. Bally-Herzog Slg. BCD

Slg. Jameson Slg. Pangerl Slg. Mazzini 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

= = = = = = = = = = = = = = = = = = = = = =

Spijkerman S./S. Starr Stumpf

= = = =

Sutherland Svoronos

= = = = = = = =

Syd. Taylor

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289

Thompson

= = =

Touratsoglou Traeger Troxell

= = = = = =

Tudeer

Tziambazis Varbanov Vecchi Vismara Vogt

= = = = = =

Waddington

Waggoner

= = =

Wallace Weber Coll. Weidauer Weiser

= = = = =

Westermark Westermark/Jenkins Williams

Work Wruck Youroukova Ziegaus Ziegler Zoega Zschucke

290

= = = = = = = = = = = = = =

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STICHWORTVERZEICHNIS GENERALINDEX A Abakainon 7843 Achaia 7768, 7976 Adnamati 7782 Aelia Cpitolina 9167, 9170, 9332 Aegina 7962-7964 Aegyptus 7538-7540, 8084-8091, 8109-8191 Aeolis 7989, 7890 Africa 8775-8777 Aigeai 9132, 9138 Akanthos 7907 Akragas 7844-7847 Alexandria 8109-8191 Alexandria Troas 9288, 9351 Alexandriner 8109-8191 Amasia 9196, 9346-9349 Ambiani 7503 Amorion 8822 Anazarbos 9404, 9405 Anchialos 9281 Antiochia 8729-8733, 8774, 8827, 8852, 8908-8912, 8915, 8922, 8935, 8950, 8958, 8993, 9006, 9007, 9070, 9071, 9135, 9136, 9296, 9311, 9328, 9385, 9386, 9400, 9403, 9509 Antiochia ad Hippum 9216 Antiochia Pisidiae 9166, 9250, 9258, 9293-9295, 9310, 9377-9380 Apulia 7807 Arabia 8077, 9079 Arados 8050, 8051, 8913 Argolis 7980 Aspendos 8030-8032 Athen 7948-7961, 9409, 9410 Atta 7783 Attica 7948-7961, 9409, 9410 Ayyubiden 7770

B Babylon 8078 Babylonia 8078 Bactria 8083 Bageis 9229 Baiocasses 7502 Barkiden 7796 Belgica 7503 Berytos 8734, 8735, 9299, 9330, 9331 Bithynia 7984, 8986, 9118-9121, 9140, 9144, 9213, 9227, 9228, 9390, 9411, 9420 Bithynion-Hadriana 9227 Blaundos 8026 Boeotia 7936-7947 Bohemia 7505-7510, 7779 Boier 7505-7510, 7779 Bosporus 7650, 7651, 7983, 8749, 8835, 8859, 8919 Brettii 7834 Bruttium 7833-7842 Byzacene 8737, 8751 Byzantion 7888 Byzantinische M端nzen 7691-7767, 9504-9508

C Caesaraugusta 8821, 8825 Caesarea Cappadociae 8807, 8914, 8921, 8954, 8992, 9063-9067, 9134, 9198, 9231, 9252 Caesarea Iudaeae 8955, 8994, 8995

Caesarea Panias 8996, 8997 Calabria 7809-7819 Calagurris Iulia 8704 Campania 7804-7806 Cappadocia 8807, 8914, 8921, 8954, 8992, 9063-9067, 9134, 9198, 9231, 9252 Caria 8007-8024, 8904, 8989, 9128, 9255, 9289 Carrhae 9302 Carthago Nova 8700-8702, 8820 Celsa 8703 Chalkis 8750 Chios 8006 Cilicia 8035-8038, 8726, 8727, 8990, 8991, 9060, 9132, 9133, 9138, 9197, 9251, 9327, 9404, 9405, 9413 Coelesyria 9297, 9298, 9329, 9387, 9388 Colonia Iulia Pia Paterna 8775, 8776 Commagene 8040, 9396 Corinthia 7965-7971 Creta 7981, 8832, 8854 Cyprus 8039, 8728, 8851, 9061, 9180, 9181 Cyrenaica 7541, 8092 Cyrrhestica 9073

D Dacia 7791-7794 Damaskos 9297 Dekapolis 9216 Dyrrhachium 7886

E Eion 7908 Elis 7977, 7978 Emesa 9317 Ephesos 7991-7994, 8718-8723, 8848, 8849, 8860-8863, 8964, 9124, 9125, 9326 Epidauros 7980 Epirus 7935 Eryx 7848 Etruria 7798-7799 Eumeneia 8771, 8803, 8905, 8923, 8924

G Galatia 8926, 9062 Gallia 7501, 7502, 7797 Gangra-Germanikopolis 9257 Gaza 9168 Gegenstempel 8006, 8494, 8649, 8857, 8923-8924, 9061, 9254, 9255, 9349 Germania 7504, 7773-7778 Glans 8445 Griechische M端nzen 7511-7546, 7796-8108

H Hadrianeia 9287 Hadrumetum 8737 Hatria 7802, 7803 Heliopolis 9298, 9387, 9388 Herakleia Ioniae 7995-7997 Herakleia Lucaniae 7820 Hierapolis 9130, 9230 Himera 7849-7851 Hispania 7796, 8700-8704, 8767, 8805, 8820, 8821, 8825 Hochzeit 9307 Hyele siehe Velia

291

Hypaipa 9290, 9291 Hyrcaneis 9129

I Illyricum 7886 Ionia 7529, 7991-8006, 8706-8710, 8770, 8848, 8849, 8860-8863, 8925, 8964, 9124-9127, 9265, 9326 Isinda 8034 Italica 8767 Iudaea 8055-8076, 8927, 8955, 8994-8996, 9167, 9168, 9170, 9332

J Jerusalem siehe Aelia Capitolina Julia 8906

K Kadoi 8864 Kalchedon 7984 Kallatis 7514, 7887 Kalymna 8013 Karthago 7542-7546, 8093, 8094 Katane 7852, 7853 Kaulonia 7835, 7836 Kelenderis 8035 Keltische M체nzen 7501-7510, 7773-7795 Knidos 8009, 8010 Knossos 7981, 8832, 8854 Korinth 7965-7971 Kos 8014 Kotiaeion 9292 Kragos 8725 Kreuzfahrer 7768, 9509 Kroton 7837-7840 Kushan 7769 Kykladen 7982 Kyme 7989 Kyrene 7541, 8092 Kyrrhos 9073 Kyzikos 7525-7527, 7985

L Laertes 9251 Laodikeia 8772, 8907, 9131 Larissa 7929-7932 Lateinisches Kaiserreich von Constantinopel 7764 Legionspr채gungen 8501-8538, 9408 Leontinoi 7854-7857 Lesbos 7528 Leukas 9329 Lucania 7820-7832 Luceria 7807 Lycia 8027-8029, 8724, 8725, 8773, 9059 Lydia 7530-7532, 8025, 8026, 8806, 8850, 9058, 9129, 9229, 9230, 9290, 9291

M Macedonia 7517-7524, 7907-7925, 8705, 8768, 8769, 8802, 8847, 8902, 8903, 8953, 9117, 9195, 9345 Magnesia 7998-8000 Mallos 8036 Malta siehe Melita Mamluken 7771, 7772 Markianopolis 9226, 9306, 9374 Maroneia 7889-7892 Masikytes 8724 Massalia 7797 Medailleure: Herakleidas 7853 Melita 7885 Mesembria 7893-7895

292

Mesopotamia 9302, 9355, 9381 Messana 7858-7863 Messene 7979 Messenia 7979 Metapont 7821-7826 Metropolis 9265 Milet 8001, 8002 Moesia 7514, 7887, 9226, 9253, 9280, 9306, 9316, 9325, 9373-9376 Molybdis siehe Glans Mylasa 8011, 8012, 9128 Myous 8003 Myrina 7990 Mysia 7525-7527, 7985-7988, 8711-8717, 9080, 9254, 9287 Mytilene 7528

N Nabathaea 8077 Nagidos 8037 Neokaisareia 8850, 9263, 9350 Neapolis 7804, 7805 Nemet 7784 Neronias 8927 Nicaea (Kaiserreich)7765-7767 Nicomedia 9118, 9228, 9411 Nikaia 8986, 9213, 9390, 9420 Nikopolis pros Istron 9253, 9280, 9316, 9325, 9375, 9376 Ninica-Claudiopolis 9060, 9197 Nisibis 9355 Noricum 7780-7784 Numidia 8095-8097

O Odessos 7896 Oea 8778 Olba 8726, 8727 Olympia 7977, 7978 Orientalische M체nzen 7769-7772 Ostgoten 7690, 9503

P Paeonia 7926-7928 Pamphylia 8030-8033, 9412 Pannonia 7785-7790 Paphlagonia 9257 Parthia 8079, 8080 Pautalia 9248, 9282, 9283 Pella 8768, 8769, 8802 Peloponnesus 7972-7980 Pergamon 7986-7988, 8711-8717, 9080, 9254 Perge 9412 Perinthos 8901, 9056, 9249, 9309 Persia 7533-7537, 8081 Petra 9079 Pharsalos 7933 Philippi 8705 Philippopolis 8985 Phistelia 7806 Phoenicia 8050-8054, 8734-8736, 8913, 9074-9078, 9137, 9299-9301, 9322, 9330, 9331 Phokaia 7529 Phrygia 8771, 8772, 8803, 8822, 8864, 8905-8907, 8920, 8923, 8924, 9130, 9131, 9230, 9292 Picenum 7802, 7803 Pisidia 8034, 9166, 9250, 9258, 9293-9295, 9310, 93779380 Pontus 9196, 9263, 9264, 9346-9350 Populonia 7798 Poseidonia 7827, 7828 Punier 7796, 7833, 7883, 7884

R Restitutionsprägungen 7626, 8967-8969, 9008, 9208 Rhodos 8015-8024, 8904, 8989 Römische Münzen 7547-7688, 8109-9497 Romula 8805

S Salamis 8039 Samothrake 7897 Sardeis 8806, 9058, 9230 Sasaniden 8082 Schleuderblei siehe Glans Scythia 7515, 7516 Sebastopolis-Herakleopolis 9264 Segesta 7864 Seleukeia 9072 Selinus 7865, 7866 Serdica 9284, 9285 Sicilia 7511-7513, 7843-7884 Sicyonia 7972-7975 Side 8033 Sidon 8736 Sikyon 7972-7975 Singara 9381 Smyrna 8004, 8770, 8925, 9126, 9127 Stiela 7867 Stobi 8953 Stratonikeia 9255 Sybaris 7829-7831 Synaos 8920 Syrakus 7511-7513, 7868-7881 Syria 8041-8049, 8729-8733, 8750, 8827, 8852, 89088912, 8915-8917, 8922, 8935, 8950, 8958, 8993, 9006, 9007, 9068-9072, 9135, 9136, 9296, 9311, 9317, 9328, 9385, 9386, 9400, 9403 Syros 7982 Syrtica 8778

W Westgoten 7689

X Xanthos 8725

Z Zela 9286 Zentral-Italien 7808 Zeugitania 7542-7546, 8093, 8094 Zeugma 9396

T Tabai 9289 Tarent 7809-7819 Tarsos 8038, 9133, 9327, 9413 Tauromenium 7882 Teos 8005 Terina 7841 Termessos 8773 Tesseren und Spintrien 8756-8760, 8774, 8783-8790, 8804, 8812, 9456-9468 Thaena 8751 Thasos 7898, 7899 Theben 7936-7945 Thessalia 7929-7934 Thessalonica 8847, 8902, 8903 Thracia 7888-7906, 8901, 8985, 9056, 9248, 9249, 92819285, 9309 Tion 9144 Tripolis 9137 Troas 9288, 9351 Tuder 7800, 7801 Tyros 8052-8054, 9074-9078, 9300, 9301, 9322

U Umbria 7800, 7801 Utica 8777

V Vandalen 9498-9502 Velia 7832 Vibo Valentia 7842 Viminacium 9373 Vindeliker 7504, 7776-7778 Völkerwanderung 7689, 7690, 9498-9503 Volsinii 7799

293

294

295

296

NUMISMATISCHE AUSDRÜCKE EXPRESSIONS NUMISMATIQUES NUMISMATIC TERMS TERMINI DI NUMISMATICA DEUTSCH

ENGLISCH

FRANÇAIS

ITALIANO

Abschlag Am Rand Berieben Blei Dezentriert Doppelschlag Einfassung Einseitig Emailliert Erhaltung Etwas Exemplar Fassungsspuren Fehlprägung Feld(er) Fundexemplar Gedenkmünze Geglättet Gelocht Geprägt Gewellt Goldpatina Hübsch Jahrh. = Jahrhundert. Kl. = klein Korrosionsspuren Kratzer Kupfer Legierung Leicht(e) l. = links Min. = minimal Nachahmung Prachtexemplar Prägeschwäche Randdelle Randfehler Randschrift r. = rechts Rückseite Schriftspuren Schrötling Schrötlingsfehler Schwach ausgeprägt Selten in dieser Erhaltung Seltener Jahrgang Stempel Stempelfehler Überdurchschnittlich erhalten Überprägt Unediert Unikum Vergoldet Von aller größter Seltenheit Vorderseite Winz.= winzig Zain Zierrand Zinn Ziseliert

struck at the rim/border slightly polished lead uncentered double struck frame uniface enamelled condition/preservation slightly specimen, copy trace of mounting mis-strike field(s) specimen from a hoard commemorative coin tooled holed minted bent golden patina attractive century small traces of corrosion scratch(es) copper alloy slightly left minimal imitation attractive, perfect piece weakly struck edge nick edge faults lettered edge to right reverse traces of inscription flan flan defect weakly struck rare in this condition rare year die(s) mistake in the die extraordinary condition overstruck unpublished unique specimen gilt extremely rare head tiny flan ornamental border tin chased

frappe en tranche frotté plomb decentré double frappe encadrement uniface émaillé conservation un peu exemplaire traces de monture défaut de frappe champ de trésor monnaie commemorative lissé troué frappé ondulé patine dorée joli siécle petit traces de corrosion rayure cuivre alliace légère gauche minimal imitation pièce magnifique de frappe molle défaut sur la tranche erreur sur la tranche inscription sur la tranche droite revers traces de légende flan Flan défectueux de frappe molle conservation rare année rare coin erreur de frappe conservation extraordinaire surfrappé inédit pièce unique doré très rare en face petit flan tranche ornée étain ciselé

coniazione al bordo trattato piombo non centrato ribattitura cornice uniface smaltato conservazione un poco esemplare tracce di montatura difetto di coniazione campo da tesoretto moneta commemorativa liscio bucato coniato ondolato patina d´oro carino secolo piccolo segni di corrosione graffio(i) rame lega leggero sinistra minimamente contraffazzione esemplare magnifico conio stanco ammaccatura al bordo errore nel bordo inscrizione sul bordo destra rovescio tracce di leggenda tondello errore di tondello conio stanco conservazione rara annata rara conio errore di conio conservazione estraordinaria ribattuto inedito pezzo unico dorato di estrema raritá diritto veramente piccolo tondello taglio ornato stagno cesellato

297

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

1.500,--

50,--

Die Ergebnisliste erscheint sofort nach der Auktion.

bis zu

3.000,--

100,--

bis zu

10.000,--

200,--

bis zu

20.000,--

500,--

20.000,--

1.000,--

DIE VERSTEIGERER:

FRITZ RUDOLF KÜNKER DR. ANDREAS KAISER ARNE KIRSCH OLIVER KÖPP

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

298

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 applicable 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

1.500,--

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

3.000,--

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,--

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

THE AUCTIONEERS:

FRITZ RUDOLF KÜNKER DR. ANDREAS KAISER ARNE KIRSCH OLIVER KÖPP

299

NUMISMATISCHE BEARBEITUNG FOTOS LAYOUT DRUCK

Alexandra Spreu, Dr. des. Sebastian Steinbach, Jens Ulrich Thormann M. A., Manuela Weiß Lübke & Wiedemann, Stuttgart danner pc - gesteuerte 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

300

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