Čć! (-!+ēŊ 4-%41 '4
Äž ĹŠ } Ä?
-2411#!3.2ĹŠ 2#%41 -ĹŠÄƒĹŠ-ĹŠ"#ĹŠ " ÄƒĹŠ
,/.13 -!( ĹŠ "#ĹŠ+ ĹŠ2 +ĹŠ 8." " ;%(- ĹŠ ÄŠ
;%(- ĹŠ Ä‘
Ŋ-#% 3(5 Ŋ -3#Ŋ + Ŋ .-24+3 Ŋ ./4Ĺ + 1Ŋ8Ŋ#+Ŋ #$#1_-Ĺ "4,ĔŊ2#Ŋ+ Ŋ/1#%.Ĺ -¢Ŋ#-Ŋ#+Ŋ1#!.11(".ē
+ĹŠ,.,#-3.ĹŠ #2/#1 ".ĹŠ++#%¢ 8#1ĹŠ#+ĹŠ / ĹŠ #-#"(!3.ĹŠ ĹŠ /1.!+ ,¢Ŋ # 3.ĹŠ ĹŠ24ĹŠ/1#"#Äą !#2.1ĹŠ 4 -ĹŠ +.ĹŠ ĔŊ #-ĹŠ 4- ĹŠ ,4+3(34"(- 1( ĹŠ !#1#,.-( ēŊ -.-(9 !(¢-ĹŠ5#-"1;ĹŠ/1.-3.ēŊ -ĹŠ !4 ".1ĹŠ8ĹŠ#+ĹŠ,4-".ĹŠ#-3#1.ĹŠ +.2ĹŠ! 3¢+(!.2ĹŠ!#+# 1 1.-ĹŠ!.-ĹŠ $#ĹŠ #23#ĹŠ 3 -ĹŠ 2(%-($(! 3(5.ĹŠ ,.,#-3.ēŊ -ĹŠ#23 ĹŠ.! 2(¢-ĹŠ+ ĹŠ !ĂŒ/4+ ĹŠ"#ĹŠ+ ĹŠ %+#2( ĹŠ 3¢+(! ĹŠ 2#ĹŠ 1#4-(¢Ŋ / 1 ĹŠ $#23#) 1ĹŠ + ĹŠ # 3($(! !(¢-ĹŠ "#+ĹŠ .-3~$(!#ĹŠ #-ĹŠ4- ĹŠ,(2 ĔŊ ĹŠ+ ĹŠ04#ĹŠ 2(23(¢Ŋ %#-3#ĹŠ"#ĹŠ3." 2ĹŠ+ 2ĹŠ#" "#2Ä“ : ĹŠ ČĔ Ä?
ƒ
ƒ Ĺ?
#!3 ĹŠÄƒĹŠ- +ĹŠ"# + ĹŠ! ,/  ;%(- ĹŠ ĉ
1!' ĹŠ"#ĹŠ. 1#1.2ĹŠ !.-ĹŠ3(-3#ĹŠ4-ĹŠ/.+~3(!.
:[iZ[ bWi fh_c[hWi ^ehWi Z[ Wo[h" bW YbWi[ eXh[hW Z[ Z_\[h[dj[i [dj_ZWZ[i f‘Xb_YWi Z[ bW fhel_d# Y_W" i[ h[kd_Œ fWhW ^WY[h lWb[h iki Z[h[Y^ei [d Yedc[cehWY_Œd Z[b ' Z[ cWoe" \[Y^W [d bWgk[ i[ h[Yk[hZW W bW YbWi[ eXh[hW _dj[h# dWY_edWbc[dj[$ ;b h[Y^Wpe o bWi f[j_Y_ed[i gk[ _XWd Z_h_]_ZWi Wb =eX_[h# de 9[djhWb de i[ ^_Y_[hed [i# f[hWh [d jeZe [b h[Yehh_Ze Z[ bW cWhYW" Z[`WdZe [d Wbje bW bWXeh gk[ Ykcfb[d bei i_dZ_# YWb_ijWi \h[dj[ W kdW fei_Y_Œd feb‡j_YW WfWh[dj[c[dj[ bb[dW
ŊĉŊŊ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄˆ
} ēŊ .2Ŋ. 1#1.2Ŋ1#!+ , 1.-Ŋ242Ŋ"#1#!'.2Ŋ2 + 1( +#2ē
Z[ efh[i_ed[i" [ije i[]‘d bWi Z_h_][dj[ i_dZ_YWb" h[YehZÂŒ bW _c# fWdYWhjWi ceijhWZWi ZkhWdj[ fehjWdY_W Z[b ]h[c_e jhWXW`WZeh fWhW [b Yh[Y_c_[dje Z[b fW‡i$ bW YWc_dWjW$ ;b [l[dje YedYbkoÂŒ W bW WbjkhW Z[b fWhgk[ 9[lWbbei" ZedZ[ YWZW : ĹŠ ĉ
.-ÄƒĹŠ -9 ĹŠ/ 1 ĹŠ '.11 1 ;%(- ĹŠ Ĉć
Ä’ )3). ,#-')ēŋ . Ĺ‹ Ĺ‹ )'/(# -Ĺ‹*) , ;d bWi fWhhegk_Wi hkhWb[i Z[ bW fhel_dY_W bW fh[i[dY_W Z[ Y^kb# gk[hei o jhW\_YWdj[i Z[ f[h# iedWi" gk[ e\h[Y[d _d]h[iWh W Y_kZWZWdei" Z[ cWd[hW _b[]Wb W ;ijWZei Kd_Zei Z[ Dehj[Wcƒ# h_YW" i[ ^W _dYh[c[djWZe Z[ \eh# cW WbWhcWdj[$ ;d kd h[Yehh_Ze feh bW fWhhegk_W Gk_iWf_dY^W" i[ YedeY_ÂŒ Z[Y[dWi Z[ ^_ijeh_Wi ieXh[ f[hiedWi gk[ ^Wd l_W# `WZe _b[]Wbc[dj[ f[he ^Wd i_Ze Z[fehjWZWi" c_[djhWi ejhei ^Wd be]hWZe gk[ZWhi[ jhWXW`WdZe Wbb|" _dYbkie Wb]k# dei ^Wd Z[ifWh[Y_Ze feh kd bWh]e j_[cfe Wdj[i Z[ bb[]Wh W ik eX`[j_le$ LWh_ei YWiei Z[ jh|\_Ye Z[ f[hiedWi ied _dl[ij_]WZei feh bW <_iYWb‡W Fhel_dY_Wb" bei W\[# YWZei [if[hWd gk[ i[ Z[ Yed gk_[d[i `k[]Wd Yed iki d[Y[i_# ZWZ[i fWhW gk[ fW]k[d feh bWi fhec[iWi _dYkcfb_ZWi$ : ĹŠ ÄŒ
ēŊ 2Ŋ! 1#-!( Ŋ"#Ŋ (-%1#2.2Ŋ#!.-¢,(!.2Ŋ' !#-Ŋ04#Ŋ+.2Ŋ )¢5#-#2Ŋ 4204#-Ŋ +3#1- 3(5 2Ŋ/ 1 Ŋ ,#).1 1Ŋ24Ŋ-(5#+Ŋ"#Ŋ5(" ē
666Ä“+ '.1 Ä“!.,Ä“#!
Ä‚ 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ŋ Ŋ Ŋ -Ŋ/.!.Ŋ"#Ŋ1#2/#3. 23 ,.2Ŋ Ŋ-.Ŋ,;2Ŋ"#Ŋ!(-!.Ŋ"~ 2Ŋ"#Ŋ04#Ŋ#+Ŋ/ ~2Ŋ-4#5 ,#-3#Ŋ#-31#Ŋ Ŋ4-Ŋ/1.!#2.Ŋ #+#!3.1 ĔŊ8Ŋ#+Ŋ . (#1-.Ŋ-.2Ŋ#23;Ŋļ ., -".ČŊ!.-Ŋ/4 +(!(" "Ŋ/.1Ŋ#+Ŋļ ČŊ "#,;2Ŋ "#Ŋ! "#- 2Ŋ04#Ŋ-.2Ŋ(-3#-3 -Ŋ,#3#1Ŋ/.1Ŋ+.2Ŋ.).2Ŋ+ Ŋļ+(-" ČŊ ",(-(231 !(¢-Ŋ04#Ŋ ' 8Ŋ#-Ŋ+ Ŋ !34 +(" "ĔŊ2(-Ŋ/#1,(3(1-.2Ŋ/#-2 1Ŋ/.1Ŋ!4#-3 Ŋ/1./( Ŋ2(Ŋ+.Ŋ04#Ŋ04#Ĺ 1#,.2Ŋ#2Ŋ1# +,#-3#Ŋ" 1+#ĔŊ-4#5 ,#-3#ĔŊ+ Ŋ./.134-(" "Ŋ Ŋ+ Ŋ ",(-(231 !(¢-Ŋ #-31 +Ŋ"#Ŋ04#Ŋ,#3 Ŋ, -.Ŋ#-Ŋ+.Ŋ04#Ŋ Ŋ (#-Ŋ3#-% Ŋ.Ŋ"#Ŋ,#).1 1Ŋ+ 2Ŋ!.2 2Ŋ#-Ŋ#+Ŋ / ~2Ŋ!.-Ŋ4- Ŋ/#12/#!3(5 Ŋ+( 1#Ŋ8Ŋ1# +,#-3#Ŋ"#,.!1;3(! ē 94!#- Ŋ -3(++ , 3.
ĹŠ
23#"Ŋ/4#"#Ŋ#-5( 1Ŋ242Ŋ$.3.2Ŋ"#Ŋ"#-4-!( 2Ŋ!.,4-(3 1( 2Ŋ8Ŋ+ 2Ŋ 43.1(" "#2Ŋ 1#2/#!3(5 2Ŋ3(#-#-Ŋ+ Ŋ./.134-(" "Ŋ"#Ŋ1#2/.-"#1ēŊ Ŋ .1 Ŋ2#Ŋ1#2#15 Ŋ#+Ŋ"#1#!'.Ŋ "#Ŋ2#+#!!(.- 1Ŋ8Ŋ#"(3 1Ŋ+ 2Ŋ"#-4-!( 2ē
+ĹŠ#23 !(.- ".
-ĹŠ+ 2ĹŠ! ++#2ĹŠ!_-31(! 2ĹŠ"#ĹŠ , 3.ĹŠ 2#ĹŠ2(%4#-ĹŠ. 2#15 -".ĹŠ5#'~!4+.2ĹŠ , +ĹŠ#23 !(.- ".2ĹŠ#-ĹŠ+ ĹŠ !#1 2ēŊ .ĹŠ 04#ĹŠ"(ă!4+3 ĹŠ#+ĹŠ+( 1#ĹŠ! ,(- 1ĹŠ"#ĹŠ +.2ĹŠ/# 3.-#2ĔŊ04(#-#2ĹŠ/("#-ĹŠ ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ,4!'.ĹŠ,;2ĹŠ!.-31.+ĹŠ 1#2/#!3.ĹŠ +ĹŠ3#, Ä“
.-31.+#2ĹŠ/.+(!( +#2
Ŋ .+(!~ Ŋ !(.- +Ŋ1# +(9 Ŋ!.-31.+#2Ŋ "#Ŋ 04#++.2Ŋ,.3.!(!+(23 2Ŋ04#Ŋ-.Ŋ /.13 -Ŋ242Ŋ1#2/#!3(5.2Ŋ! 2!.2ēŊ 2(Ĺ ,(2,.Ŋ#2/#1 -Ŋ04#Ŋ+ Ŋ%#-3#Ŋ' % Ŋ !.-!(#-!( Ŋ"#Ŋ+.Ŋ(,/.13 -3#Ŋ04#Ŋ#2Ŋ !.-"4!(1Ŋ4- Ŋ,.3.!(!+#3 Ŋ!.-Ŋ+ 2Ŋ "# (" 2Ŋ/1#! 4!(.-#2Ŋ"#+Ŋ! 2.ē
ÄŻĂźĂşÄ ĂşĂş
ēŊ %1#,( ".2Ŋ"#Ŋ"(23(-3.2Ŋ.1% -(2,.2Ŋ !4"(#1.-Ŋ Ŋ#23#Ŋ#-!4#-31.Ŋ. 1#1.ē
" 4)ŋ ŋ & - ŋ) , , ŋ (. ŋ& ŋ )(-/&. ŋ )*/& , #-31.Ŋ"#Ŋ+ Ŋ, 1Ĺ !' Ŋ$4#Ŋ#5("#-3#Ŋ#+Ŋ 3(-3#Ŋ/.+~3(!.ĔŊ/.1Ŋ #+Ŋļ ČĔŊ" ".Ŋ/.1Ŋ +.2Ŋ %1#,( ".2ē
7bh[Z[Zeh Z[ )& eh]Wd_pWY_ed[i Z[iĂ’bWhed Wo[h feh [b Ăˆ:‡W Z[b JhWXW`WZehÉ" ZedZ[ [b h[Y^Wpe ^WY_W [b =eX_[hde DWY_edWb" de i[ ^_Y_[hed [if[hWh$ ;d [ij[ ' Z[ cWoe" bei i_dZ_# YWb_ijWi Wfhel[Y^Whed bW efehjk# d_ZWZ fWhW [dlebl[h Yed kd j_dj[ feb‡j_Ye bW cWhY^W [d ^edeh W bW YbWi[ eXh[hW gk[ _d_Y_ÂŒ [d bW YWbb[ Kd_ZWZ DWY_edWb o Ykbc_dÂŒ W bW WbjkhW Z[b fWhgk[ 9[lWbbei$ BWi XWdZ[hWi Z[ h[Y^Wpe de i[ ^_Y_[hed [if[hWh [d jeZe [b h[# Yehh_Ze" i_d Z[`Wh Z[ c[dY_edWh gk[ [d ƒijWi i[ h[Ă“[`WXW [b ĂˆDEÉ fWhW bW fhÂŒn_cW 9edikbjW Fefk# bWh o H[\[hƒdZkc$ CWh_e CWoeh]W" fh[i_Z[dj[ Z[ bW <[Z[hWY_ÂŒd Z[ 9ec[hY_Wdj[i Z[ Jkd]khW^kW <[Z[Yejk " [n# j[dZ_ÂŒ kd iWbkZe Y|b_Ze W jeZW bW YbWi[ eXh[hW o Wb c_ice j_[cfe h[Y^WpÂŒ bW ][ij_ÂŒd Z[ HW\W[b 9e# hh[W" fh[i_Z[dj[ Z[b ;YkWZeh$ Æ;d [ijW eYWi_ÂŒd gk[h[cei
Z[Y_h DE W bW 9edikbjW o W bW fh[# fej[dY_W$ ;ijWcei [d\h[djWdZe W bW c[dj_hW o W bW YehhkfY_ÂŒdÇ" _dZ_YÂŒ h[fh[i[djWdj[ ]h[c_Wb$ Feh ejhe bWZe ;ZkWhZe BÂŒf[p" i_dZ_YWb_ijW Z[ bW ;cfh[iW ;bƒY# jh_YW Z[ 7cXWje" Yec[djÂŒ gk[ [b ' Z[ cWoe" [i kd Z‡W Z[ [dYk[djhe o Z[ \[ij[`e fWhW jeZei bei eXh[# hei Z[ bW fhel_dY_W o Z[b fW‡i gk[ Z[X[ i[h h[YehZWZe Yece jWb$ 7]h[]ÂŒ gk[ [b j[cW feb‡j_Ye [d be f[hiedWb" Z[X[ i[h WdW# b_pWZe Z[djhe Z[ kd [ifWY_e Yh[WZe [nYbki_lWc[dj[ fWhW [bbe o de Z[djhe Z[ kdW cWhY^W gk[ be ‘d_Ye gk[ XkiYW [i ^W# Y[h h[if[jWh bei Z[h[Y^ei Z[ bei eXh[hei$ C_[djhWi gk[ 9[bie 7]k_hh["
h[fh[i[djWdj[ Z[ bW Kd_ÂŒd DWY_e# dWb Z[ ;ZkYWZeh[i Jkd]khW^kW KD;#J " _dZ_YÂŒ gk[ [ij[ [i [b Z‡W [d gk[ jeZei Z[X[d ^WY[h h[if[# jWh iki Z[h[Y^ei iWbWh_Wb[i$ ÆDe gk[h[cei gk[ dei [djh[# ]k[d kdW 9edikbjW Yed [d]W‹ei o feh [ie lWcei W ZWh kd DE [d bWi [b[YY_ed[i gk[ i[ Wl[Y_dWdÇ" WYbWhÂŒ$ KdW l[p gk[ bWi Z[b[]WY_ed[i h[Wb_pWhed [b h[Yehh_Ze [ijWXb[# Y_Ze" i[ kX_YWhed [d [b fWhgk[ 9[lWbbei" ZedZ[ bei h[fh[i[d# jWdj[i Z[ bei Z_\[h[dj[i I_dZ_YW# jei Z_[hed ik Z_iYkhie Z[ ehZ[d hWj_Ă’YWdZe bW _cfehjWdY_W gk[ j_[d[ bW YbWi[ eXh[hW Z[djhe Z[ bW fheZkYY_ÂŒd de iebe Z[b fW‡i i_de Z[b ckdZe [dj[he$
ēŊ 2Ŋ -"#1 2Ŋ"#Ŋ!.+.1Ŋ1.).Ŋ!.-Ŋ#+Ŋļ ČŊ2#Ŋ(,/42(#1.-Ŋ#-Ŋ#+Ŋ1#!.11(".ē
4#5.2ĹŠ2#15(!(.2ĹŠ
)3ŋ ŋ& -ŋÝÝĆúúąŋ /( #)( ,#)-ŋ ŋ&)-ŋ ),, )-ŋ &ŋ / ),ŋ-/ /,- &ŋ ' .)ąŋ" ,6(ŋ& ŋ*, - (. #š(ŋ ŋ&)-ŋ(/ 0)-ŋ*,) / .)-ŋ3ŋ- ,0# #)-ŋ+/ ŋ *)- ŋ& ŋ#(-.#./ #š(ŋ* , ŋ& ŋ )& .#0# Ąŋ .#0# ŋ+/ ŋ- ŋ - ,,)&& ,6ŋ (ŋ &ŋ &š(ŋ ŋ& ŋ #/ ŋ &ŋ /(# #*#)ŋ ŋ ' .)Ąŋŋ
Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
,)'/ 0 (Ĺ‹ &Ĺ‹ )(-/')Ĺ‹ Ĺ‹ 3) )Ĺ‹ (Ĺ‹ )'/(# -Ĺ‹,/, & .-ĹŠ!' 1+ 2ĹŠ2#ĹŠ 04(#1#ĹŠ!.-!(#-!( 1ĹŠ 2. 1#ĹŠ+ ĹŠ(,/.1Äą 3 -!( ĹŠ"#+ĹŠ,(-#1 +ĹŠ / 1 ĹŠ+ 2ĹŠ/#12.- 2Ä“ FWhW l_]_bWh bei ‡dZ_Y[i Z[ bW YW# b_ZWZ Z[ bW iWb o [ijWXb[Y[h kd i_ij[cW Z[ l_]_bWdY_W [f_Z[c_e# bÂŒ]_Ye Z[b XeY_e [d Jkd]khW^kW" [b C_d_ij[h_e Z[ IWbkZ W jhWlƒi Z[ bW :_h[YY_ÂŒd Fhel_dY_Wb Z[ [iW 9Whj[hW Z[ ;ijWZe ^W [ijWXb[Y_Ze kdW i[h_[ Z[ YWfWY_jWY_ed[i W bWi Yeckd_ZWZ[i Z[ bWi pedWi hkhWb[i Z[ bW fhel_dY_W$ =hWY_Wi W [ij[ i_ij[cW Z[ l_]_# bWdY_W i[ ^W be]hWZe Z_ic_dk_h [b Yedikce Z[ bW iWb [d ]hWde [d bWi Yeckd_ZWZ[i hkhWb[i gk[ Wdj[i be ^WY‡Wd feh bW \WbjW Z[ YedeY_c_[d# je Z[ Yedikc_h iWb oeZWZW1 WZ[# c|i gk[ Z_Y^e fheZkYje [d ]hWde [hW c|i XWhWje$ ;b oeZe [i kd dkjh_[dj[ c_d[# hWb d[Y[iWh_e fWhW bW fheZkYY_ÂŒd Z[ bWi ^ehcedWi j_he_Z[Wi gk[ i_hl[d fWhW bW h[fb_YWY_ÂŒd Y[bkbWh$ Ik h[gk[h_c_[dje Z_Wh_e [i Z[ Zei YkY^WhWZWi Z[ iWb gk[ _d][h_cei [d bei Z_\[h[dj[i Wb_c[djei gk[ i[ Yedikc[d [d [b Z‡W$ 42 2ĹŠ#-ĹŠ#+ĹŠ.1% -(2,.
KdW Z[Ă’Y_[dY_W Z[ oeZe" Wk#
c[djW bW cehjWb_ZWZ _d\Wdj_b" fheZkY[ Yh[j_d_ice Z_ic_dk# o[dZe bW YWfWY_ZWZ c[djWb o fi_Yecejh_p Z[iZ[ [b dWY_c_[d# je1 WZ[c|i YWkiW XeY_e gk[ [i kd W]hWdZWc_[dje l_i_Xb[ o fWb# fWXb[ Z[ bW j_he_Z[i$ BWi \k[dj[i dWjkhWb[i Z[b oeZe i[ [dYk[djhWd [d bW iWb oeZWZW" f[iYWZe" cWh_iYei" W`e" h|XWdei Y[XebbWi o Wb_c[djei b|Yj[ei gk[ Wb Yedikc_hbei1 [b oeZe [i YWfjW# Ze feh bW j_he_Z[i o jhWdi\ehcWZe [d ^ehcedWi1 be YkWb f[hc_j[ [b \kdY_edWc_[dje Z[ dk[ijhe eh]W# d_ice$ ;d [b [cXWhWpe \WY_b_jW bW \eh# cWY_ÂŒd o cWZkhWY_ÂŒd Z[b i_ij[cW d[hl_eie Y[djhWb o Z[b Y[h[Xhe [d [b X[Xƒ$ Feh [bbe" bW :_h[YY_ÂŒd Fhel_d# Y_Wb Z[ IWbkZ Z[ Jkd]khW^kW Xh_dZW Y^WhbWi [d bWi Yeckd_ZW# Z[i gk[ ^Wd i_Ze Yedi_Z[hWZWi Z[ Wbje h_[i]e feh ik kX_YWY_ÂŒd" XW`e d_l[b[i Z[ [ZkYWY_ÂŒd o ]hWd fe# Xh[pW$ 9ed [ijW WYj_l_ZWZ i[ fh[j[dZ[ YedY_[dY_Wh W bei fWZh[i Z[ \Wc_# b_W fWhW gk[ i[ cWdj[d]W [b Xk[d ^|X_je Z[ Yedikc_h iWb h[Ă’dWZW oeZWZW [d bW fh[fWhWY_ÂŒd Z[ bei Wb_c[djei Z[ Yedikce Z_Wh_e$ FWhW Yedi[hlWh bW iWb Z[ \ehcW ^_]_ƒd_YW o WZ[YkWZW" YWZW fWhj_# Y_fWdj[i Yk[djW Yed kd iWb[he \W# c_b_Wh gk[ Z[X[ i[h kj_b_pWZe [d [b Zec_Y_b_e$
(1.ĹŠ ;-!'#9Ŋĸ"ĚĔŊ1#!( (¢Ŋ#+ĹŠ1#!.-.!(,(#-3.ĹŠ +ĹŠ,#).1ĹŠ#234"( -3#ĹŠ "#+ĹŠ-(5#+ĹŠ"#ĹŠ !'(++#1 3.ĔŊ"41 -3#ĹŠ+ ĹŠ2#2(¢-ĹŠ2.+#,-#ĹŠ"#+ĹŠ -23(343.ĹŠ #!-.+¢%(!.ĹŠ .!#-3#ĹŠÄĽ 4 8 04(+ČĔŊ +ĹŠ!4,/+(1ĹŠÄŽÄ?ĹŠ  .2ĹŠ"#ĹŠ2#15(!(.ĹŠ ĹŠ + ĹŠ)45#-34"ĹŠ34-%41 '4#-2#ēŊŊ
ĹŠ ĹŠ Â&#x;
.-!412.ĹŠ"#ĹŠ , 3#,;3(! 2ĹŠ
Ĺ—ĹŠ ĹŠĹŠ9ece fWhj[ Z[ bWi Ă’[ijWi Wb Y[b[XhWh '/ W‹ei Z[ l_ZW _dij_jkY_edWb Z[b 9[djhe ;Zk# YWj_le 8_b_d]”[ ?dj[hdWY_edWb 9;8? " fWhW [b fhÂŒn_ce c_ƒh# Yeb[i '. Z[ cWoe W bWi &.0&&" i[ Z[iWhhebbWh| [b I[nje ;d# Yk[djhe Z[ CWj[c|j_YWi$ 7Yj_l_ZWZ gk[ YedjWh| Yed bW fWhj_Y_fWY_ÂŒd Z[ bei [ijkZ_Wd# j[i Z[ bei ZƒY_cei Z[ [ZkYW# Y_ÂŒd X|i_YW$
.-!412.ĹŠ"#ĹŠ 4~,(! ĹŠĹŠ
Ĺ—ĹŠĹŠĹŠ
ēŊ +Ŋ/1./¢2(3.Ŋ#2Ŋ04#Ŋ+ 2Ŋ!.,4-(" "#2Ŋ#-3(#-" -Ŋ"#Ŋ+ Ŋ(,/.13 -Ĺ !( Ŋ"#+Ŋ8.".Ŋ#-Ŋ+ 2Ŋ/#12.- 2ēŊ
) # &#-. -ŋ # (ŋĒ ēŋ ŋ & ŋ )(-/&.
#+# 1 1.-ĹŠÄŽÄ?ĹŠ Â .2ĹŠ"#ĹŠ2#15(!(.
ă
Bei _dj[]hWdj[i Z[b FWhj_Ze IeY_Wb_ijW H[lebkY_edWh_W Z[ Jkd]khW^kW '- " c[Z_Wdj[ ēŊ .2ĹŠ,(#, 1.2ĹŠ"#+ĹŠ hk[ZW Z[ fh[diW Z_[hed W Ye# 13(".ĹŠ"(#1.-ĹŠ ĹŠ!.-.!#1ĹŠ24ĹŠ/.2341 Ä“ deY[h Yk|b[i \k[hed bWi YWkiWi Z[ bW hkfjkhW Z[b fWhj_Ze o Z[b hƒdZkc" Z[Y_Z_[hed WfeoWh ĂˆDEÉ fehgk[ WfeoWd Wb ĂˆDEÉ fWhW bW W bW YedikbjW$ fhÂŒn_cW 9edikbjW Fe# 7]h[]ÂŒ gk[ [b =eX_[h# fkbWh Z[b [b - Z[ cWoe$ de DWY_edWb ^W Z_l_Z_Ze W ĹŠ Y_[hjWi _dij_jkY_ed[i gk[ Bk_i 7bjkdW" Yedi[# ĹŠ `[he DWY_edWb Z[b FWh# "#ĹŠ !3.2ĹŠ"#ĹŠ!.1Äą be WokZWhed o bb[lWhed Wb feZ[h Yece [b FWhj_Ze j_Ze IeY_Wb_ijW <h[dj[ 14/!(¢-ĹŠ' 8ĹŠ#-ĹŠ#+ĹŠ %. (#1-.Ä“ IeY_Wb_ijW <h[dj[ 7cfb_e" 7cfb_e" cWd_\[ijÂŒ gk[ ]h[c_e gk[ XkiYW bW cW# bei h[fh[i[djWdj[i Z[ (* fhel_dY_Wi Z[b fW‡i" bk[]e Z[ d[hW Z[ h[eh]Wd_pWh dk[lWc[dj[ WdWb_pWh bWi fh[]kdjWi Z[b h[\[# W ik c_b_jWdY_W$
ĈđĉÄ?
9ed [b fhefÂŒi_je Z[ ZWh W YedeY[h [b jWb[dje ^kcWde gk[ fei[[d bei [ijkZ_Wdj[i Z[ bei Yeb[]_ei [ _dij_jkjei ikf[h_eh[i [d [b |h[W Z[ bW Gk‡c_YW" [b 9eb[]_e DWY_e# dWb Ăˆ>kWcXWbÂŒĂ‰" h[Wb_pWh| [b ĂˆGk_dje 9edYkhie Fhel_dY_Wb Z[ Gk‡c_YWÉ" [l[dje gk[ i[ Z[iWhhebbWh| [b c_ƒhYeb[i (+ Z[ cWoe W bWi &/0&&" [d [b bWXehWjeh_e Z[b fbWdj[b$
1#2#-3 -ĹŠÄƒ#23 2ĹŠĹŠĹŠĹŠ
Ĺ—ĹŠ ĹŠĹŠ>eo W bWi &-0&&" [d bWi _dijWbWY_ed[i Z[b 9eb[]_e
DWY_edWb JƒYd_Ye Ăˆ7jW^kWbfWÉ" i[ h[Wb_pWh| bW fh[i[djWY_ÂŒd Z[ bWi Ă’[ijWi fWjhedWb[i Wb Y[b[XhWh )* W‹ei Z[ Yh[WY_ÂŒd Z[b fbWdj[b$ FWhW [b [\[Yje" [b f[hiedWb ZeY[dj[ o [ijkZ_Wdj[i j_[d[d fh[l_ije h[Wb_pWh kdW i[h_[ Z[ WYj_l_ZWZ[i ieY_Wb[i" YkbjkhW# b[i o Z[fehj_lWi$
ĹŠ ĹŠ Ä–ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ Â&#x; ĔŊ ĔŊ Â&#x; ĹŠ ĹŠ ĹŠ ĹŠ Ä“
Ä…
ēŊ "(2.-Ŋ , !'.ĔŊ-.Ŋ' Ŋ /#-2 ".Ŋ#-Ŋ5.+5#1Ŋ Ŋ2 +(1Ŋ"#+Ŋ/ ~2ĔŊ_+Ŋ 2/(1 Ŋ Ŋ ,/+( 1Ŋ24Ŋ3 ++#1Ŋ"#Ŋ!.-$#!!(¢-ē
Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
$ ĹŠ !3(5(" "ĹŠ %1~!.+ ĹŠ#-ĹŠ+ 2ĹŠ !.,4-(" "#2ĹŠ-.ĹŠ 23#!#ĹŠ/ 1 ĹŠ, -3#-#1ĹŠ ĹŠ + 2ĹŠ$ ,(+( 2ĹŠ"#+ĹŠ2#!3.1Ä“
Ä“ "(2.-ĔŊ +ĹŠ,.,#-3.ĹŠ"#"(! ĹŠ 24ĹŠ3(#,/.ĹŠ ĹŠ+ ĹŠ!.-$#!!(¢-ĹŠ"#ĹŠ+#5 2ĔŊ#23#ĹŠ .ÄƒĹŠ!(.ĹŠ+.ĹŠ /1#-"(¢Ŋ"#ĹŠ24ĹŠ/ "1#Ä“
.,4-(" "#2ĹŠ#-ĹŠ 4(2 /(-!'
#Ŋ,;2Ŋ,(%1 !(¢-Ŋ(+#% +
ŗŊ 434%+#.Ŋ ŗŊ +Ŋ +/¢-Ŋ
+ ĹŠ #7/#1(#-!( ĹŠĹŠ "(2.-ĹŠ , !'.ĔŊ"#ĹŠÄ‰ÄˆĹŠ  .2ĔŊ Ĺ—04(#-ĹŠ(-3#-3¢Ŋ!149 1ĹŠ+ ĹŠ$1.-3#1 ĹŠ#-31#ĹŠ
_7(!.ĹŠ8ĹŠ ĔŊ#1 ĹŠ/1(, ĹŠ 1~ ĹŠ %" +#- ĹŠ 4 ¢-ĔŊ"#ŊĉĊŊ  .2ĔŊ $4#ĹŠ 2#2(- " ĹŠ#-ĹŠ+ ĹŠ, 2 !1#ĹŠ"#ĹŠ , 4+(/ 2ŊIJŊ _7(!.ĔŊ#-ĹŠ2#/3(#, 1#ĹŠ / 2 ".Ä“ 4ĹŠ$ ,(+( ĹŠ3#,~ ĹŠ04#ĹŠ+#ĹŠ.!411 ĹŠ+.ĹŠ ,(2,.ĔŊ$#+(9,#-3#ĹŠ24ĹŠ!.,4-(! !(¢-ĹŠ !.-ĹŠ+ ĹŠ$ ,(+( ĹŠ$4#ĹŠ!.-3(-4 ĹŠ8ĹŠ-.ĹŠ %#-#1¢Ŋ-(-%ĂŒ-ĹŠ(-!.-5#-(#-3#Ä“
-5#23(% !(.-#2ĹŠ 5 -9 ĹŠĹŠ ĹŠ (2! +~ ĹŠ"#ĹŠ 4-%41 '4 ĔŊ#23;ĹŠ Ĺ—(-" % -".ĹŠ2. 1#ĹŠ5 1(.2ĹŠ! 2.2ĹŠ"#ĹŠ31;Äą ÄƒĹŠ!.ĹŠ"#ĹŠ/#12.- 2ĹŠ8ĹŠ!'4+04#1.2ĹŠ04#ĹŠ #23 1~ -ĹŠ./#1 -".ĹŠ#-ĹŠ!.,4-(" "#2ĹŠ (-"~%#- 2ĹŠ"#ĹŠ3." ĹŠ+ ĹŠ/1.5(-!( Ä“
.2ĹŠ!(4" " -.2ĹŠ04#ĹŠ' 8 -ĹŠ2(".ĹŠ $#!3 ".2ĹŠ/.1ĹŠ#23#ĹŠ3(/.ĹŠ"#ĹŠ(+~!(3.2ĹŠ "# #-ĹŠ"#-4-!( 1+.2ĹŠ"#ĹŠ$.1, ĹŠ(-,#Äą "( 3 ĔŊ ĹŠÄƒĹŠ-ĹŠ"#ĹŠ2 -!(.- 1ĹŠ ĹŠ/#12.- 2ĹŠ (-#2!14/4+.2 2ĹŠ04#ĹŠ2#ĹŠ#-1(04#!#-ĹŠ !.-ĹŠ#+ĹŠ!.8.3#1(2,.Ä“
™ ąŋ ŋ ŋ
23#Ŋ(-!.-5#-(#-3#Ŋ2.!( +Ŋ #2!.-"#Ŋ Ŋ!'4+04#1.2ĔŊ !.8.3#1.2Ŋ8Ŋ , (!(¢-ē
;d bWi Yeckd_ZWZ[i Z[ bW fWhhegk_W Gk_# iWf_dY^W" [i kd i[Yh[je W leY[i bei decXh[i o Z_h[YY_ed[i Z[ ĂˆYYoej[heiÉ gk[ feh ]hWdZ[i YWdj_ZWZ[i Z[ Z_d[he b[i e\h[Y[d W bei _dZ‡# ][dWi" bb[lWhbei W ;ijWZei Kd_Zei Z[ Dehj[W# cƒh_YW ;;KK Z[ cWd[hW _b[]Wb o i_d iWYWh bW l_iW h[if[Yj_lW$ KdW Z[ bWi jWdjWi ^_ijeh_Wi gk[ Wbb‡ i[ [i# YkY^Wd" [i bW Z[ ;Z_ied 9WcWY^e" Z[ (' W‹ei" gk_[d _dj[djÂŒ YhkpWh bW \hedj[hW [djh[ Cƒn_Ye o ;;KK ^WY[ W f[dWi jh[i c[i[i i_d be]hWhbe$ Feh bW Ăˆ^WpW‹WÉ ^WX[h f[hZ_Ze '' c_b ZÂŒbWh[i$ 9WcWY^e ^WX_jW [d bW Yeckd_ZWZ Z[ Fk# jk]b[e Z[ bW c[dY_edWZW fWhhegk_W" o Yed Y_[hjW jh_ij[pW Yec[djW gk[ ik jhWl[i‡W [c# f[pÂŒ [b cWhj[i ' Z[ \[Xh[he" fh[l_e Wb fW]e Z[b Z_d[he Wb ĂˆYeoej[É" gk_[d b[ Wi[]khÂŒ ^WX[h bb[lWZe W ejhWi f[hiedWi W Ykcfb_h Ăˆ;b Ik[‹e 7c[h_YWdeÉ$ 7 bWi ')0)& ƒb `kdje W YkWjhe Wc_]ei c|i Z[ bW c_icW Yeckd_ZWZ l_W`Whed [d Wl_ÂŒd W >edZkhWi" ZedZ[ kd Wc_]e Z[b jhWĂ’ YWdj[ Z[ f[hiedWi bei [if[hWXW W bWi ((0&&" fWhW [cf[pWh ik l_W`[ ^WY_W =kWj[cWbW$ ;ij[ l_W`[ \k[ l‡W j[hh[ijh[ o [njh[cWZW# c[dj[ YWdiWZe oW gk[ bW i_]k_[dj[ fWhWZW \k[ [d 9^_WfWi # Cƒn_Ye" ZedZ[ h[kd‡Wd W c|i f[hiedWi Z[ Z_l[hiei fW‡i[i Yece0 Yei# jWhh_Y[di[i" iWblWZeh[‹ei" YebecX_Wdei" f[#
hkWdei o kde gk[ ejhe XhWi_b[‹e$ ÆDei c[j_[hed W )+& f[hiedWi [d kd jhW_# b[h" ZedZ[ ^WY‡W kd YWbeh j[hh_Xb[" dei \WbjWXW [b W_h[ o Z[X‡Wcei [ijWh bW cWoeh fWhj[ Z[b j_[cfe [d f_[" [d [iWi Y_hYkdijWdY_Wi fWiW# cei Zei deY^[iÇ$ :[ifkƒi Z[ [ije Æejhe YedjWYje" dei [c# XWhYÂŒ [d kd YWc_ÂŒd hkcXe W kd i_j_e bbWcW# Ze 9WdWd[W" Wbb‡ f[hcWd[Y_cei kd Z‡W1 [b cWhj[i ( Z[ cWhpe W bWi &*0&&" iWb_cei kd ]hkfe Z[ (& c_]hWdj[i hkcXe W bW \hedj[hW" ZedZ[ [ijkl_cei W bWi '(0*&Ç$ I_d [cXWh]e [b YhkY[ \k[ cko Yecfb_YWZe" ĂˆBW C_]hWÉ dei Z_e bW ĂˆYehh_ZWÉ f[hi[YkY_ÂŒd W bWi '+0&&" f[he deiejhei de dei Z[`Wcei W]W# hhWh o [iYWfWcei$ ;ijei Feb_Y‡Wi" dei f[hi_]k_[hed Yed f[# hhei" ^[b_YÂŒfj[hei" YkWZhed[i" Yh[e gk[ [bbei [ijWXWd feh be c[dei kdei *& kd_\ehcWZei$ ÆBW Feb_Y‡W dei WjhWfÂŒ W bWi &)0*&" bW cW# Zhk]WZW Z[b ) Z[ cWhpe" YkWdZe dk[lWc[dj[ _dj[djWcei _d]h[iWh W ;ijWZei Kd_ZeiÇ$ - ĹŠ5(" ĹŠ,#).1
9WcWY^e Yec[djW gk[ ik l_W`[ be h[Wb_pÂŒ fWhW Yedi[]k_h kd c[`eh \kjkhe Z[ ik ^_`e" Z[ jWd iebe '& c[i[i o Z[ ik \Wc_b_W" f[he [ij| i[]khe gk[ de be lebl[h‡W W h[f[j_h$ 7b cec[dje ik \Wc_b_W Wb _]kWb gk[ ƒb" [ij| [dZ[kZWZW Yed [b Y^kbgk[he o Yed kdW Yeef[hWj_lW Z[ W^ehhe o YhƒZ_je" gk_[d[i b[ \WY_b_jWhed [b Z_d[he fWhW [b l_W`[$ ÄĽ -ĹŠ 4#-ĹŠ#,/+#.ÄŚ
;Z_ied Wb cec[dje i[ Z[Z_YW W bW Yed\[YY_ÂŒd
Z[ b[lWi XW`e f[Z_Ze" _dZ_YŒ gk[ i[cWdWb# c[dj[ h[Y_X[ '& eXhWi Z[ eY^e ZŒbWh[i" be YkWb b[ h[fh[i[djW kd _d]h[ie fhec[Z_e Z[ .& ZŒbWh[i i[cWdWb[i )(& ZŒbWh[i c[dikW# b[i $ Ik fWZh[ o ik cWZh[ jWcX_ƒd i[ Z[Z_# YWd W [ijWi bWXeh[i" ikcWZWi W bW fheZkYY_Œd W]h‡YebW$ ;ijW ‘bj_cW de [i kdW \k[dj[ Z[ _d]h[ie Yedj_dke" oW gk[ i[ Z[X[ [if[hWh W bW Yei[# Y^W" gk[ ZkhW kd c‡d_ce Z[ i[_i c[i[i" fWhW h[Ykf[hWh kd -& feh Y_[dje Z[ be _dl[hj_Ze _d_Y_Wbc[dj[$ '4+04#1.2
BW ]hWd cWoeh‡W Z[ bei ^WX_jWdj[i Z[ bWi Yeckd_ZWZ[i Z[ Gk_iWf_dY^W" YedeY[d Z[ fh[ijWc_ijWi _b[]Wb[i" gk[ [djh[]Wd ik Z_d[he ^WijW Yed [b '&& feh Y_[dje Z[ _dj[hƒi e XW`e bW Ă’ hcW Z[ kdW b[jhW [d XbWdYe e bW [djh[]W Z[ Wb]kdW fhef_[ZWZ o%e j[hh[de$ ;ijWi Z[kZWi ][d[hWbc[dj[ b[i eYWi_edWd fheXb[cWi W bWh]e fbWpe" oW gk[ [b lWbeh Z[ bW c_icW i[ ^W Zkfb_YWZe$
#+(%1.Ŋ +Ŋ5( ) 1 ŗŊŊ .".2Ŋ04(#-#2Ŋ' -Ŋ(-3#-3 ".Ŋ(-%1#2 1Ŋ Ŋ .13# ,_1(! ĔŊ2.-Ŋ!.-!(#-3#2Ŋ"#Ŋ+.2Ŋ1(#2%.2Ŋ04#Ŋ
(,/+(! ĹŠ5( ) 1ĹŠ"#ĹŠ, -#1 ĹŠ(+#% +Ä“ # (".ĹŠ ĹŠ+ ĹŠ$ +3 ĹŠ"#ĹŠ"#-4-!( 2ĹŠ2. 1#ĹŠ#23#ĹŠ(+~!(3.ĔŊ -.ĹŠ#7(23#-ĹŠ" 3.2ĹŠ.ÄƒĹŠ!( +#2ĹŠ8ĹŠ!($1 2ĹŠ2. 1#ĹŠ#+ĹŠ-ĂŒ,#1.ĹŠ "#ĹŠ/#12.- 2ĹŠ04#ĹŠ' -ĹŠ5( ) ".ĹŠ!.-ĹŠ!.8.3#1.2ĔŊ ĂŒ-(! ,#-3#ĹŠ#23(, 3(5.2ĹŠ ĹŠ-(5#+ĹŠ- !(.- +Ä“
-*&# !/ ŋ ŋ && 4
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
Ć
ũ, "14% " ũ"#ũ 8#1ĔũćĊĖČĎĔũ #5 ++.2ũ#+(%(¢ũ ũ+ ũ1#/1#ı 2#-3 -3#ũ"#ũ24ũ #++#9 ėũ"(%-(" "ũ04#ũ1#! 8¢ũ#-ũ (5( - ũ ı 1(#+ ũ ! ũ 1.- Ĕũ1#(- ũ"#ũ #5 ++.2ũĉćĈĈēũ ũ#++ ũ+ ũ !.,ı / 1.-ũ # -#33#ũ ;!.,#Ĕũ # .1(3 ũ .-$1 3#1-(" "Ĕũ8ũ - ũ 1(#+ ũ 1 -).Ĕũ # .1(3 ũ (,/ 3~ ēũ +ũ)41 ".ũ! +(ăũ! ".1ũ 3 , (_-ũ"#2(%-¢ũ ũ 04#+ũ +"#9ũ!.,.ũ 31.- 3.ũ 4-(!(ı / +ėũ 1~ ũ +(9 #3'ũ ;-!'#9ũ . +(-.ũ!.,.ũ # .1(3 ũ 41(2ı ,.ũ8ũ+ ũ1#/1#2#-3 -3#ũ3 41(- ũ ũ -( ũ '(, .1 9.ēũ
ēũ +ũ!.+.1(".ũ"#+ũ31 )#ũ"#ũ --( ũ '(, .1 9.ũ1# +9¢ũ + ũ #++#9 ũ"#ũ+ ũ).5#-ē ēũ .-ũ4-ũ/#04# .Ĕũ/#1.ũ (#-ũ"(2# ".Ĕũ !.-)4-3.ũ 1~ ũ +(9 #3'ũ ;-!'#9ũ,.231¢ũ242ũ "#231#9 2ũ -3#ũ#+ũ)41 ".ē
ēũ (5( - ũ ! ũ 1.- ũ"#2"#ũ24ũ2 +(" ũ!.-ũ#+ũ31 )#ũ3~/(!.ũ#-! -3¢ũ +ũ )41 ".ũ04#ũ+ ũ! +(ăũ!¢ũ!.,.ũ #(- ũ"#ũ #5 ++.2ũĉćĈĈē
ēũ .-ũ4- ũ31 )#ũ"#ũ "4+!#2ũ3.- +(" "#2ũ!#+#23#ũ8ũ/+ 3# ".ũ
# -#33#ũ ;!.,#Ĕũ+4!(¢ũ,48ũ2#%41 ũ 2. 1#ũ+ ũ/ 2 1#+ ē
¡ ēũ - ũ 1(#+ ũ 1 -ı ēũ 1 -"#2ũ/+4, 2ũ"#ũ3.ı ēũ #5 ++.2ũ,.231¢ũ ũ+ 2ũĉĎũ'#1,.ı ¡ ēũ +(9 #3'ũ -".ũ$4#ũ ).ũ"#)¢ũ5#1ũ24ũ #++#9 ũ -3#ũ04(#-#2ũ - +(" "#2ũ5#1"#2ũ ".1- 1.2ũ#+ũ!4#1/.ũ 2 2ũ,4)#1#2ũ04#ũ' -ũ1#/1#2#-3 ".ũ +ũ! -3¢-ũ + ũ#-! 1% " ũ"#ũ' !#1ũ (+ 1ũ ũ04(#-#2ũ !.-ũ24ũ #++#9 ēē ++#% 1.-ũ ũ+ ũ#+#!!(¢-ũ"#ũ+ ũ1#(- ē "#ũ+ ũ #++~2(, ũ 04#+ũ +"#9ē ++#% 1.-ũ ũ"(2$143 1ũ"#ũ+ ũ #++#9 ũ"#+ũ ! -3¢-ē
įăāāăý
3URIHVRU $OEDxLO
0HFiQLFR
(OHFWULFLVWD 3LQWRU $ERJDGR D
&RQ GLDULR
9?D;C7HA
6HFUHWDULD &RQWDGRU D
$UTXLWHFWR D
3XEOLFD WXV VHUYLFLRV
§ ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
(ĹŠ2.,.2ĹŠ /1#-"#1ĹŠ +( 1#2ĹŠ#-ĹŠ#+ĹŠ 2(-ĹŠ/#-2 1ĹŠ#2ĹŠ !.1 9¢-ĔŊ-.ĹŠ (-ĂŒ3(+ēŊ #-2 1ĹŠ ' 1;ĹŠ! "#- 2ĹŠ 2(-ĹŠ /1#-"#1ĹŠ#2ĹŠ '#!' 2ĹŠ/.1ĹŠ#+ĹŠ /#+(%1.2.Ģē '., 1#ĹŠ!.-ĹŠ$4#19 ĹŠ 24ă!(#-3#ĹŠ / 1 ĹŠ24)#3 1-.2Ģē ĹŠ
ĹŠ+.2ĹŠ2(! 1(.2ĹŠ"#ĹŠ3(-3 Ä&#x; FWhW d_d]‘d [YkWjeh_Wde [i Z[iYedeY_ZW bW \ehcW [d bW gk[ [b Fh[i_Z[dj[ Z[ bW H[f‘Xb_YW" o ^WijW ckY^e Z[ iki c_d_ijhei" ^Wd jhWjWZe W bW fh[diW gk[ ^W h[Y_X_Ze [f‡j[jei Z[ YehhkfjW o ^WijW Z[ i_YWh_ei Z[ j_djW$ 7 f[iWh Z[ bW f[hY[fY_ÂŒd gk[ j_[d[ bW WYjkWb 7Zc_d_ijhW# Y_ÂŒd 9[djhWb ieXh[ Y_[hjei f[h_eZ_ijWi o c[Z_ei Z[ Yeckd_YWY_ÂŒd" [iW _Z[W i[ ^W l[d_Ze Z[ c[dei [d [ijW ƒfeYW Z[ bW YWcfW‹W feb‡j_YW feh bW 9edikbjW FefkbWh o [b H[\[hƒdZkc$ ;ie i[ ^W be]hWZe fWbfWh [d Jkd]khW^kW [d bei ‘bj_cei '+ Z‡Wi" [d bei gk[ bW fhel_dY_W ^W h[Y_X_Ze bW l_i_jW Z[ c|i c_d_ijhei o Z[b c_ice HW\W[b 9ehh[W" fh[i_Z[dj[" gk[ [d ejhWi ƒfeYWi Z[ [ij[ f[h_eZe ]kX[hdWc[djWb1 [bbei ^Wd WYkZ_Ze W bei c[Z_ei Z[ Ye# ckd_YWY_ÂŒd" i[Wd e de fWhj[ Z[ bei Ăˆi_YWh_ei Z[ j_djWÉ e Z[ bei Yehhkfjei1 fWhW ZWh W Ye# deY[h ieXh[ iki fbWd[i o fhe# o[Yjei Z[ WokZW W bW beYWb_ZWZ$ 7^ehW bei f[h_eZ_ijWi o bei c[Z_ei fWhW bei gk[ jhWXW`Wd ied cko d[Y[iWh_ei fWhW [n# fed[h bW j[eh‡W Z[b =eX_[hde W bW Yeckd_ZWZ jkd]khW^k[di[ gk[ i_[cfh[ i[ ^W ceijhWZe kd feYe h[dk[dj[ W WY[fjWh bW Ăˆl[hZWZ h[lebkY_edWh_WÉ gk[ i[ fh[i[djW [d bW WYjkWb_# ZWZ" o [ie i[ ^W [l_Z[dY_WZe [d bWi khdWi [d bWi ‘bj_cWi [b[YY_ed[i$ ;if[h[cei gk[ bei ĂˆYehhkfjeiÉ o Ăˆi_YWh_ei Z[ j_djWÉ Z[ bW fhel_dY_W o bW Y_kZWZ" gk[ i[ ^Wd l_ije W\[YjWZei feh bWi Z[YbWhWY_ed[i Z[ 9ehh[W o ik WZc_d_ijhWY_ÂŒd i[ ^W]Wd h[if[jWh o W ik jhWXW`e gk[ ^W be]hWZe cWdj[d[h _d\ehcWZW W bW Yeckd_ZWZ Z[ be gk[ [ij| fWiWdZe [d ik [djehde$ JWdjW l_i_jW WZc_d_ijhWj_# lW dei Z[`W X_[d [b YbWhe" W gk_[d[i de YedĂ’Wcei [d jeZe be gk[ dei Z_Y[d Z[iZ[ [b =e# X_[hde" gk[ ik fhefk[ijW Z[X[ i[h X_[d WdWb_pWZW Wdj[i Z[ bb[]Wh W bWi khdWi [b fhÂŒn_ce - Z[ cWoe$ 3' +(#ĹŠ ;204#9 ĈđćĊĎđđČÄ?ÄŒ ĹŠ ĹŠ ĹŠ Ä– ! 13 2 +"(1#!3.1Äž+ '.1 Ä“!.,Ä“#! 2(++ ĹŠÄˆÄ?ĈÄ?Ä‰ÄŒÄŠĹŠ ĹŠ.ĹŠ!4 +04(#1 ĹŠ "#ĹŠ-4#231 2ĹŠ %#-!( 2Ä“ #04(2(3.2Ä–ĹŠ ., 1#2ĹŠ8ĹŠ /#++(".2ĹŠ!.,/+#3.2Ä—ĹŠ-ĂŒ,#Äą 1.ĹŠ"#ĹŠ _"4+ Ä—ĹŠ3#+_$.-.ĹŠÄ¸Äƒ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
Ĺ‹ Ĺ‹ 7 Wb]kdei c[Z_ei _dZ[f[dZ_[dj[i i[ dei WYkiW Z[ c[dj_h e Z[ eYkbjWh bW l[hZWZ Z[ bei ^[Y^ei gk[ WXhkcWd Wb fW‡i [d [ijei W‹ei$ I_d [cXWh# ]e" ik[b[d i[h ejhei bei gk[ fheYbWcWd Yece l[hZWZ[hei Yh_j[h_ei o WYkiWY_ed[i i_d kd iki# j[dje fheXWjeh_e iÂŒb_Ze [ _dYbkie i_d c[Z_Wh kdW i[dj[dY_W \_hc[ Z[ Wb]‘d jh_XkdWb$ O [d [bbe" feh Z[i]hWY_W" ^Wo kdW Z[]hWZWdj[" feh ieif[Y^eiW" i[b[Yj_l_ZWZ$ 9ece i[ iWX[" Wb]e [i l[hZWZ[he YkWd# Ze Ye_dY_Z[ Yed be h[Wb$ >Wo l[hZWZ YkWdZe i[ Yehh[ifedZ[d [b YedeY_c_[dje h[Wb Z[ bei ^[Y^ei o ik [nfh[i_ÂŒd" [i Z[Y_h" YkWdZe [n_ij[ Yehh[ifedZ[dY_W [djh[ dk[ijhe f[diWc_[dje o dk[ijhWi fWbWXhWi$ FWhW [bbe i[ [n_][ i_dY[h_ZWZ e l[hWY_ZWZ [d [b b[d]kW`[ o Âľfk[Z[d Wb]kdei Z[ bei c_[cXhei Z[ bW YbWi[ feb‡j_YW Z[ ^eo ceijhWh [ijW YkWb_ZWZ5
ēŊ Ŋ } Ŋ ē
, !/(. Ĺ‹ #(( - ,# BWi c[Z_ZWi fWhW YedjhebWh [b [dh_# gk[Y_c_[dje _b‡Y_je [n_ij[d ^WY[ W‹ei" [cf[pWdZe feh bWi Z[YbWhW# Y_ed[i Z[ X_[d[i fWhW i[hl_Zeh[i f‘Xb_Yei" Z[YbWhWY_ed[i fWjh_ce# d_Wb[i Z[j[hc_dWZWi feh [b WYjkWb ]eX_[hde" Z[YbWhWY_ed[i Z[ _cfk[i# jei" bei h[gk[h_c_[djei fWhW Z[fÂŒ# i_jei i_]d_\_YWj_lei [d Yk[djWi XWd# YWh_Wi" bW YWb_\_YWY_ÂŒd feh bW Y[djhWb Z[ h_[i]ei" bW h[l_i_ÂŒd Z[ Yk[djWi [d YWie Z[ fheXb[cWi b[]Wb[i" [jY$ ;n_ij[ kd Yh_j[h_e ][d[hWb_pWZe Z[ bW d[Y[i_ZWZ Z[ YecXWj_h bW Yehhkf# Y_ÂŒd [d jeZWi iki cWd_\[ijWY_ed[i"
7 l[Y[i" Yed [b fhefÂŒi_je Z[ Yedl[dY[h W bWi cWiWi Z[ iki i[]k_Zeh[i o i_cfWj_pWdj[i" [ijei feb‡j_Yei" bW cWoeh‡W Z[ bei YkWb[i i[ Wkjefhe# YbWcW h[lebkY_edWh_ei" fWiWd feh Wbje bW Yehh[i# fedZ[dY_W d[Y[iWh_W gk[ Z[X[ [n_ij_h [djh[ bW YedY_[dY_W o bW WYY_ÂŒd" [djh[ ik YecfehjWc_[d# je o [b ikfk[ije `k_Y_e cehWb gk[ Z_Y[d ikij[d# jWh$ ;djedY[i ^Wo Z[h[Y^e W Z[Y_h gk[ ied [bbei bei gk[ c_[dj[d i_d fkZeh Wb]kde$ ÂľGkƒ ^Wo Z[ l[hZWZ [d bWi WYY_ed[i Z[ dk[i# jhei ]eX[hdWdj[i5 ÂľGkƒ i[ iWX[ Z[ WYedj[Y_# c_[djei h[Y_[dj[i o iWd]h_[djei gk[" f[i[ W kdW Z[diW o YeijeiW fkXb_Y_ZWZ"W‘d de i[ [iYbWh[# Y[d5 >Wo kd hWi]e Z_ij_dj_le Z[ bW l[hZWZ gk[ bW lk[bl[ _cfbWYWXb[0 ik Wb_WdpW Yed [b j_[cfe o Yed bW >_ijeh_W$ ;b j_[cfe o bW >_ijeh_W i[ [dYWh]Wd Z[ [iYbWh[Y[hbe jeZe o `kp]Wh Yedl[# d_[dj[c[dj[ W gk_[d[i ^eo c_[dj[d$
de iebe [d [b i[Yjeh fh_lWZe Yece i[ c[dY_edW [d bW fh[]kdjW i[_i Z[ bW YedikbjW fefkbWh1 [b [dh_gk[Y_c_[d# je _d`kij_\_YWZe ik[b[ i[h dejeh_e o fWhW bW cWoeh‡W Z[ bei Y_kZWZWdei [i _dikbjWdj[ gk[ de ^WoW iWdY_ÂŒd fWhW gk_[d[i _dYkcfb[d YedjhWjei" h[Y_X[d Ye_cWi" d[]eY_Wd bei YWh]ei f‘Xb_Yei" YecfhWd X_[d[i Z[b [ijW# Ze Yed ieXh[ fh[Y_e" bei fhƒijWcei Yed _dj[h[i[i [nehX_jWdj[i" bWi f_h|# c_Z[i \_dWdY_[hWi" bW fheZkYY_ÂŒd o Yec[hY_Wb_pWY_ÂŒd Z[ [ijkf[\WY_[d# j[i" [jY$ 7Zgk_h_h X_[d[i Yed h[Ykhiei _b‡Y_jei" Z[X[ i[h cej_le Z[ Yed# jheb o iWdY_ÂŒd1 f[he Æ j_f_\_YWh [d [b 9ÂŒZ_]e F[dWb Yece Z[b_je WkjÂŒde# ce" [b [dh_gk[Y_c_[dje fh_lWZe de `kij_\_YWZeÇ" i[h| f[b_]heie Wfb_YWh [d kd FW‡i [d [b gk[ Z[i]hWY_WZW# c[dj[ [n_ij[d cWbei ^|X_jei [d [b h[]_ijhe Z[ fhef_[ZWZ[i Yed lWbe# h[i _d\[h_eh[i W bei h[Wb[i" l[djWi \_Yj_Y_Wi Z[ ^[h[dY_Wi" _dl[hi_ed[i
[d |h[Wi [ijhWjƒ]_YWi o cedefeb_ei Z[ Wbje h[dZ_c_[dje" WYj_l_ZWZ[i gk[ i_ X_[d [ij|d Wb \_be Z[ bW b[o" dkdYW \k[hed iWdY_edWZWi$ BW YkbjkhW Z[ bW jhWdifWh[dY_W Z[X[ i[h jhWXW`WZW [d [b _dZ_l_Zke fWhW gk[ i[ Yedl_[hjW [d kd lWbeh ieY_Wb1 Z[iZ[ bei b_Z[h[i Z[X[d f[h# i_ij_h [`[cfbei Yece0 H[dZ_Y_Œd Z[ Yk[djWi" fh[ikfk[ijei fWhj_Y_fW# j_lei" [b_c_dWY_Œd Z[ Yk[djWi Z[ ]Wijei h[i[hlWZei" YedjhWjWY_Œd Z[ eXhWi feh YedYkhie f‘Xb_Ye" Ykc# fb_c_[dje Z[ fbWd[i Z[ YWcfW‹W" [jY$ JWcX_ƒd" bW [nfbejWY_Œd bWXe# hWb" bb[lW Wb [dh_gk[Y_c_[dje _b‡Y_je o [n_ij[d c[YWd_icei fWhW eXb_]Wh W bei fWjhedei _dYkcfb_Zei W gk[ fW]k[d be gk[ Yehh[ifedZ[ o Wi‡" Z[\[dZ[h bei Z[h[Y^ei Z[ bei jhWXW# `WZeh[i$ BW _cfkd_ZWZ gk[ [n_ij[ [d [b FW‡i" de c[`ehWh| Yh[WdZe c|i dehcWj_lWi gk[ i[ gk[ZWd [d [b fWf[b" i_de Wfb_YWdZe bWi b[o[i [n_ij[dj[i$
ĹŠ
ĹŠ Â&#x;
#)-Ĺ‹ *#)( ,)-
;i d[Y[iWh_e h[l_iWh bW ^_ijeh_W fWhW [dj[dZ[h Yece i[ ^W Z[iW# hhebbWZe bW Yeckd_YWY_ÂŒd [d [b fW‡i" iebe Wfh[dZ_[dZe bei eh‡][# d[i feZ[cei WYbWhWh ZkZWi ieXh[ bW i_jkWY_ÂŒd WYjkWb$ BW fh_c[hW _cfh[djW \k[ jhW‡ZW Wb ;YkWZeh" feh [b iWY[hZej[ `[ik_jW @eiƒ CWh‡W CWk][h_ [d '-++" i[ _dijWbÂŒ [d 7cXWje" YkWjhe W‹ei c|i jWhZ[ [b fWZh[ CWk]k[h_ \k[ jhWibWZWZe W Gk_je o i[ bb[lÂŒ Yed ƒb bW _cfh[djW Wb i[c_dWh_e IWd Bk_i H[o$ ;d '-/(" i[ fkXb_YW ÆFh_c_Y_Wi Z[ bW Ykbjk# hW Z[ Gk_jeÇ feh [b :h$ ;k][d_e ;if[`e$ ;b J[bƒ]hW\e" bb[]ÂŒ [d '/(& fWhW _cfkbiWh [b Z[iWhhebbe Z[ bW 7l_WY_ÂŒd ;YkWjeh_WdW" i[ h[Wb_pW [b fh_c[h lk[be ieXh[ bW YehZ_bb[hW Z[ bei 7dZ[i cWhYWdZe kd ^_je [d [b fW‡i" c[`ehWdZe bei _dY_f_[dj[i fheY[iei Z[ Yeckd_YWY_ÂŒd$ ;b i[]kdZe f[h_ÂŒZ_Ye [YkWjeh_Wde \k[ Æ;b Gk_j[‹e B_Xh[Ç" f[h_ÂŒZ_# Ye Z[ Yehj[ b_X[hWb" [Z_jWZe feh [b _XWhh[‹e F[Zhe CedYWoe" [d '.-. i[ fkXb_YW [b :_Wh_e bW DWY_ÂŒd$ BW hWZ_eZ_\ki_ÂŒd [d [b ;YkWZeh dWY[ [d H_eXWcXW" [b ') Z[ @kd_e Z[ '/(/ Z[iZ[ kdW Wdj_]kW XeZ[]W Z[ kdW \|Xh_YW j[nj_b0 HWZ_e [b FhWZe$ BW fh_c[hW hWZ_e gk[ \kdY_edÂŒ [d 7cXWje \k[ BW Lep Z[b Fhe]h[ie" gk[ WfWh[Y[ bk[]e Z[b j[hh[ceje Z[b + Z[ W]eije Z[ '/*/$ :[ifkƒi YWc# X_W Z[ decXh[ W HWZ_e DWY_edWb ;if[`e o fWiW W \ehcWh fWhj[ Z[ bW Z[ bW 9WZ[dW 7cWh_bbe 7pkb o He`e cWjh_p [d Gk_je $ 7 jhWlƒi Z[ [ijWi edZWi Z[ YeX[hjkhW dWY_edWb i[ jhWdic_j_[hed lWh_Wi fheZkYY_e# d[i hWZ_e\ÂŒd_YWi Z[ ]hWd _cfWYje fWhW bW ƒfeYW0 ĂˆAWb_cWdÉ" ĂˆHWoe Z[ fbWjWÉ" ĂˆFeh\_h_e 9WZ[dW" [b e`e Z[ l_Zh_e$ ;d 7cXWje" bei i_]bei '/ o (& \k[hed fheb‡\_Yei [d f[h_eZ_i# jWi o f[h_ÂŒZ_Yei" XWijW h[l_iWh kd feYe bW ^_ijeh_W o [dYedjhWh[cei Z[Y[dWi Z[ b_Xh[f[diWZeh[i gk[ Yh[o[hed o bkY^Whed feh bW b_X[hjWZ i_d d[Y[i_ZWZ Z[ Ăˆb[o[i Z[ Yeckd_# YWY_ÂŒdÉ gk[ h[]kb[d bW b_X[hjWZ Z[ Z[Y_h be gk[ f[diWcei e ĂˆYedi[`eiÉ gk[ dei Z_]Wd be gk[ gk_[h[d l[h o e‡h bei lWiWbbei Z[ h[]‡c[d[i jejWb_# jWh_ei$ ;d Jkd]khW^kW de l_l_cei Z[ bei Yk[djei gk[ Wb]kdei gk_[# h[d" i_d ƒn_je" _cfed[hdei$
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 ĹŠ ĹŠ
"(3.1 ĹŠ #-#1 +
ĹŠ ÂĄ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(#/.! ĹŠ Ä“ Ä“ (1#!!(¢-Ä–ĹŠ 4(3.ĹŠÄ‡Ä‰ÄąÄŒÄŽĹŠ#-31#ĹŠ .! $4#13#ĹŠ8ĹŠ .+~5 1 #+_$.-.2Ä–ĹŠĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄ‡ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄˆĹŠÄľ Ä‰ÄŒÄ‰ÄąÄ‰ÄŒÄ‡Ä’ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄ‡ÄŽÄ‰Ä’ĹŠÄľĹŠÄ‰ÄŒÄ‰Ä‡ÄˆÄ’Ä? 7Ä–ĹŠĹŠÄ‰ÄŒÄ‰ÄąÄ‡ÄˆÄ’Ä? 4 +(!(" "Ä–ĹŠÄ‰ÄŒÄ‰Ä‡ÄˆÄ‘ÄŒ 42!1(/!(.-#2Ä–ĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄ‡ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄˆĹŠ , (+Ä–ĹŠ , 3.Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠ .ēŊÄ?ĊđĎ
666ē+ '.1 ē!.,ē#! 23 Ŋ2#!!(¢-Ŋ1#/1#2#-3 Ŋ#+Ŋ/#-Ĺ2 ,(#-3.Ŋ"#Ŋ+.2Ŋ#"(3.1#2ēŊ .2Ŋ#2!1(3.2Ŋ "#Ŋ+.2Ŋ!.+ .1 ".1#2Ŋ2.+.Ŋ!.,/1.,#3#-Ŋ Ŋ242Ŋ 43.1#2Ŋ8Ŋ-.ŊŊ1#Ą#) -Ŋ -#!#2 1( ,#-3#Ŋ#+Ŋ/#-2 Ĺ,(#-3.Ŋ"#+Ŋ/#1(¢"(!.ē
Ĺ?Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ĺ‹ Ĺ‹ Ĺ‹ Ĺ‹ Ĺ‹
ēŊ 4Ŋ$ ,(+( Ŋ$4#Ŋ#+Ŋ, 8.1Ŋ3#2.1.Ŋ/ 1 Ŋ .2_Ŋ %- !(.ēŊ 23 Ŋ$.3.Ŋ" 3 Ŋ"#Ŋ5 1(.2Ŋ  .2Ŋ 31;2ēŊ
.2_Ŋ %- !(.Ŋ #5(++ Ŋ$4#Ŋ4- Ŋ"#Ŋ+ 2Ŋ/#12.- 2Ŋ04#Ŋ) ,;2Ŋ+#Ŋ ļ$14-!(¢ČŊ#+Ŋ2# .Ŋ Ŋ+.2Ŋ/1. +#, 2ĔŊ+.2Ŋ #-$1#-3 Ŋ!.-Ŋ"#!(2(¢-ēŊ
Be Z[iYh_X[d Yece kdW f[hiedW WcWXb[" Yehjƒi" iedh[‡ZW o gk[ i_[cfh[ j[d‡W kdWi fWbWXhWi Z[ Wb_[dje b_ijWi fWhW [b gk[ bW d[Y[i_j[$ @eiƒ fWhj_ÂŒ Z[ [ij[ ckdZe W bei *- W‹ei Z[ l_ZW" f[he Z[`ÂŒ h[Yk[hZei gk[ ZkhWh|d jeZW kdW [j[hd_# ZWZ$ 9ed bW ‘d_YW Y[hj[pW Z[ gk[ jeZei be [njhW‹Wd" ?l|d >eb]k‡d" _di[fWhWXb[ Wc_]e" dei Yedl[hiW ie# Xh[ be gk[ bW l_ZW Z[ @eiƒ i_]d_Ă’ YÂŒ" jWdje fWhW iki Wc_]ei Yece fWhW ik \Wc_b_W o WĂ’ Y_ÂŒd$ Æxb \k[ kdW f[hiedW cko jhWdgk_bW" ^e]Wh[‹W o iWdW$ I[ fh[eYkfWXW i_[cfh[ Z[ iki fh_eh_ZWZ[i o bWi Wj[dZ‡W X_[d$ Ik YWiW \k[ [b c|i ]hWdZ[ j[iehe gk[ j[d‡W o gk[ Yk_ZWXW Yed ]hWd Y[beÇ Yec[djÂŒ ?l|d$ .% 1ĹŠ#)#,/+.ĹŠ
;d ik YWiW i_[cfh[ h[_dÂŒ bW fWp o [b YWh_‹e Z[ \W# c_b_W$ I[ YWiÂŒ [d '/.. cko [dWcehWZe Z[ ik [i# feiW 7bXW Fƒh[p CWdj_bbW Yed gk_[d jkle W Wb[]h‡W Z[ j[d[h jh[i ^_`ei0 CWh‡W @eiƒ" 9Whc[d Ieb o @eiƒ ?]dWY_e$ Feh ik \ehcW Z[ i[h" [d ik \Wc_b_W be [ij_cWXWd ckY^e o i[dj‡W gk[ ƒb [hW kdW f[hiedW cko Wcehe# iW o Z[Z_YWZW W ZWhb[i i_[cfh[ be c[`eh$ ÆL_l‡W Z‡W W Z‡W feh ZWhb[i be c[`eh W ik [ifeiW o W iki ^_`eiÇ Yec[djÂŒ ?l|d$ ,(%.ĹŠ(-!.,/ 1 +#ĹŠ
?l|d WÒ hcW gk[ ik Wc_]e \k[ kdW f[hiedW cko Xk[dW" gk[ cWdj[d‡W h[bWY_ed[i Wc_ijeiWi Yed jeZe [b ckdZe" o Z[X_Ze W ik YWh_icW o [ifedjWd[_ZWZ"
Ĉ
#!4#1" #!4#1".2ĹŠ (-,#,.1 +#2 ĹŠ
.2_Ŋ %- !(.Ŋ #5(++ Ŋ _1#9Ŋ ĸ'().ĚŊ3 , (_-Ŋ#2Ŋ $(!(.- ".Ŋ"#Ŋ+ 2Ŋ !.11(" 2Ŋ"#Ŋ 3.1.2ēŊ
1 ĹŠ'.-1 1ĹŠ24ĹŠ,#,.1( ĔŊ 5;-ĹŠ .+%4~-ĹŠ#-ĹŠ-., 1#ĹŠ"#ĹŠ3.".2ĹŠ242ĹŠ !.,/  #1.2ĹŠ04#ĹŠ#23(, -ĹŠ#-ĹŠ,4-".ĹŠ 3 41(-.ĔŊ ÄƒĹŠ1, ĹŠ04#ĹŠ+4!' 1;-ĹŠ!.-ĹŠ 3." 2ĹŠ242ĹŠ$4#19 2ĹŠ/ 1 ĹŠ04#ĹŠ+.2ĹŠ 1#24+3 ".2ĹŠ"#ĹŠ+ ĹŠ .-24+3 ĹŠ ./4+ 1ĔŊ-.ĹŠ $#!3#-ĹŠ#+ĹŠ"#2 11.++.ĹŠ"#ĹŠ+ 2ĹŠ!.11(" 2ĹŠ "#ĹŠ3.1.2ēŊ ÄĄ ĹŠ+ ĹŠ,#,.1( ĹŠ"#ĹŠ-4#231.ĹŠ#-31 Äą  +#ĹŠ ,(%.ĹŠ+4!' 1#,.2ĹŠ/ 1 ĹŠ04#ĹŠ #-ĹŠ 4-%41 '4 ĹŠ2(% -ĹŠ+ 2ĹŠ!.11(" 2ĹŠ"#ĹŠ 3.1.2ĢŊ#-$ 3(9¢ēŊ
dWZ_[ feZh‡W gk[`Whi[ gk[ ^W ^[Y^e Wb]‘d cWb$ Feh [bbe i_[cfh[ be h[YehZWh|d Yed ckY^e YWh_# ‹e o [if[hWd gk[ Z[iZ[ YkWbgk_[h bk]Wh ZedZ[ i[ [dYk[djh[" b[i WokZ[ W [dYedjhWh Wb_l_e W jWd _hh[# fWhWXb[ fƒhZ_ZW$ 4ĹŠ, 8.1ĹŠ/ 2(¢-ĹŠ
:[iZ[ cko f[gk[‹e Wfh[dZ_ÂŒ W gk[h[h bW l_ZW Z[ kd jWkh_de" `kdje W ik fWZh[ <hWdY_iYe I[l_bbW" Wfh[dZ_ÂŒ jeZe be gk[ fkZe WY[hYW Z[ [ij[ Whj[ o Yed\ehc[ fWiÂŒ [b j_[cfe h[Wb_pÂŒ c|i fh|Yj_YWi o i[ Yedl_hj_ÂŒ [d kd Xk[d jeh[he$ @eiƒ ^[h[ZÂŒ Z[ ƒb bW \WY_b_ZWZ Z[ fWbWXhW" Whj[ Z[ [iYh_X_h o bW ^WX_b_ZWZ Z[ ieY_Wb_pWh Yed bW ][dj[ Z[ kdW \ehcW ‘d_YW o [if[Y_Wb$ Ik fWZh[ f[hj[d[Y‡W Wb YedeY_Ze ]hkfe ĂˆBei Jh[i FWYeiÉ Yed\ehcWZe feh FWYe I[l_bbW" FWYe 8WhedW o FWYe IW|" gk_[d[i \k[hed [nf[hjei jeh[hei o fh[# i[djWXWd iki [if[Yj|Ykbei [d \[ij_lWb[i o YWf[Wi$ ?l|d >eb]k‡d feh () W‹ei \k[ fh[i_Z[dj[ Z[ bW FbWpW Z[ Jehei o [d iki WYj_l_ZWZ[i be WYecfW# ‹WXW @eiƒ" Z[ ceZe gk[ feYe W feYe i[ _dlebkYhÂŒ [d [ijW ][ij_ÂŒd o \k[ feh bW fWi_ÂŒd Z[ @eiƒ I[l_# bbW feh [b ckdZe jWkh_de" gk[ ?l|d fhefkie ik decXh[ fWhW gk[ i[W ƒb gk_[d b[ jecWhW bW feijW [d bW \kdY_ÂŒd$ O Wi‡ be ^_pe" [d jeZWi iki h[fh[i[djWY_ed[i Yece Fh[i_Z[dj[ Z[ bW FbWpW iWb_ÂŒ W h[ZkY_h ik fW# i_ÂŒd o ik YWh_‹e feh [b ckdZe jWkh_de" Z[ \ehcW gk[ gk_[d[i b[ WYecfW‹Whed [d iki ][ij_ed[i be h[YehZWh|d" c|i gk[ kd Xk[d \kdY_edWh_e" Yece kdW [nY[b[dj[ f[hiedW$
¥ ēŊ .2_Ŋ %- !(.Ŋ"#$#-"(¢Ŋ+ 2Ŋ!.11(" 2Ŋ"#Ŋ3.1.2Ŋ!.,.Ŋ4-Ŋ 13#Ŋ(-5 +4Ĺ +#ēŊ
¥ ēŊ 423 Ŋ"#Ŋ+ 2Ŋ!.2 2Ŋ2#-!(++ 2Ŋ"#Ŋ+ Ŋ5(" Ŋ8Ŋ2. 1#3.".Ŋ"#Ŋ/ 2 1Ŋ ,.,#-3.2Ŋ %1 " +#2Ŋ!.-Ŋ242Ŋ ,(%.2ēŊ
ĉ
Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ŋ"(1#!!(¢-Ŋ04#Ŋ -.1, +,#-3#Ŋ 3., Ŋ#+Ŋ5(#-3.Ŋ ! , (¢Ŋ $#!3 -".Ŋ Ŋ+ Ŋ!(4" "Ŋļ #" Ĺ !(3.Ŋ"#Ŋ (#+.Čē
867('
+D SHUGLGR JUDQGHV RSRUWXQLGDGHV GH 7UDEDMR (VWXGLRV 9LDMHV $VFHQVRV %HFDV 1HJRFLRV 'LQHURÂŤÂŤ
˜)-Ĺ‹()Ĺ‹- Ĺ‹- &0 Ĺ‹ Ĺ‹& Ĺ‹ (#4 Ĺ‹ &Ĺ‹ /(!/, "/
BW cW‹WdW Z[b l_[hd[i" 8W‹ei i[ Z[if[hjŒ Yed kd Yebeh ]h_i [d ik WcX_[dj[" feh bW ]hWd YWdj_# ZWZ Z[ feble lebY|d_Ye gk[ YW‡W ieXh[ bW Y_kZWZ$ 7dj[ [ij[ [iY[dWh_e bei ^W# X_jWdj[i Z[b YWdjŒd jkh‡ij_Ye" Z[iZ[ cko j[cfhWde [cfh[d# Z_[hed bW b_cf_[pW o h[Yeb[YY_Œd Z[ bW Y[d_pW1 c_[djhWi jWdje"
jhWXW`WZeh[i Z[ bW ckd_Y_fW# b_ZWZ b_cf_Whed bei fWhgk[i o YWdY^Wi Z[fehj_lWi o [b FWbWY_e Ckd_Y_fWb$ ;d jWdje [b 9ec_jƒ Z[ Ef[hW# Y_ed[i ;c[h][dj[i 9E; YWd# jedWb" Wb \h[dj[ ik fh[i_Z[dj[ >k]e F_d[ZW" i[ h[kd_[hed fWhW jecWh h[iebkY_ed[i _dc[Z_WjWi$ :khWdj[ bW h[kd_Œd ieY_Wb_pW#
(1 (/ $35(1'( ,1*/e6 ÄŻÄƒÄ‚ĂťÄ‚Ăž
325 12 +$%/$5 ,1*/(6
683(5/($51,1* 0(7+2'2/2*< (QWLHQGD KDEOH OHD \ HVFULED
,1*/e6
6LQ JUDPiWLFD VLVWHPD &219(56$&,21$/
ÄŻÄƒÄ Ä ĂżĂş
¥ ēŊ Ŋ/. + !(¢-Ŋ8Ŋ, 04(- 1( Ŋ"#+Ŋ 4-(!(/(.Ŋ!.+ .1 1.-Ŋ#-Ŋ+ Ŋ 1#!.+#!!(¢-Ŋ"#+Ŋ, 3#1( +Ŋ5.+!;-(!.ēŊ
,16&5,3&,21(6 $%,(57$6
hed lWh_Wi WYY_ed[i" [djh[ ƒijWi b[YY_Œd Z[ bW Y[d_pW$ bW ikif[di_Œd Z[ bWi WYj_l_ZWZ[i [iYebWh[i [d jeZW bW `kh_iZ_YY_Œd ^WijW i[]kdZW ehZ[d$ -31#% 2
* c_b +&& cWiYWh_bbWi [ij|d i_[dZe h[fWhj_ZWi feh [b f[h# iedWb Z[ bW ckd_Y_fWb_ZWZ [d Z_\[h[dj[i i[Yjeh[i" jWdje kh# XWde Yece hkhWb$ ;i[ Z‡W Wi_c_ice" c_b +&& bedWi gk[ \k[hed WZgk_h_ZWi feh bW ckd_Y_fWb_ZWZ Wi‡ Yece .&& \kdZWi ZedWZWi feh [b i[‹eh ?l|d 9^|l[p o \WhcW# Y_Wi 9hkp 7pkb" i[ [djh[]Whed W bei Y_kZWZWdei fWhW bW h[Ye#
!4#1".2Ŋ #23 +#!(".2 ŗŊŊ 2Ŋ 43.1(" "#2Ŋ+.! +#2Ŋ2.+(!(3 1.-Ŋ + Ŋ!.+ .1 !(¢-Ŋ"#+Ŋ (-(23#1(.Ŋ"#Ŋ %1(!4+341 ĔŊ !4 !4+341 Ŋ8Ŋ #2! Ŋ ĸ % /ĚĔŊ/ 1 Ŋ".3 1Ŋ"#Ŋ +(,#-3.Ŋ +Ŋ 2#!3.1Ŋ% - "#1.Ŋ"#Ŋ+ 2Ŋ/ 11.04( 2Ŋ $#!3 " 2ēŊ 2Ŋ. +(% !(¢-Ŋ"#Ŋ+ Ŋ!(4" " -~ Ŋ+(,Ĺ /( 1Ŋ#+Ŋ$1#-3#Ŋ"#Ŋ24Ŋ! 2 Ŋ.Ŋ +, !_-ĔŊ 2(-Ŋ43(+(9 1Ŋ %4 ē
ĹŠ,4-(!(/ +(" "ĹŠ "04(1(1;ĹŠÄˆÄ‡ĹŠ,(+ĹŠ% Äą $ 2ĹŠ8ĹŠ, 2! 1(++ 2ĹŠ/ 1 ĹŠ2#1ĹŠ1#/ 13(" 2ĹŠ ĹŠ+ 2ĹŠ#2!4#+ 2ĹŠ8ĹŠ!.+#%(.2ĹŠ"#+ĹŠ! -3¢-Ä“
-.+5(" +#ũ1#4-(¢-
)-ŋ )'* ,)-ŋ ŋ& ŋ*,)') # (ŋ ŋûăāāŋ &ŋ* (-#)( )ŋ / (ŋ (ŋ , ŋ ŋ && ŋ )'* ,.# ,)(ŋ!, .)-ŋ')' (.)-ŋ (ŋ/( ŋ, /(# (ŋ -* # &ŋ,  ŋ (ŋ& ŋ /#(. ŋ 0#& Ě ( -ŋ (ŋ ' (! Ąŋ /-.)-)-ŋ*)- ,)(ŋ* , ŋ(/ -.,)ŋ& (. Ąŋ
"% 1ũ ,.2Ĕũ 31(!(.ũ +% ".Ĕũ _2 1ũ:+5 1#9ũ8ũ #1,;-ũ + 1!¢-ũ/ 2 ı 1.-ũ%1 3.2ũ,.,#-3.2ũ#-ũ+ ũ1#4-(¢-ē
(-3( ũ , -(#%.ũ8ũ +#) -"1 ũ ;-!'#9ũ#2/#1 -ũ04#ũ' 8 ũ,;2ũ 1#4-(.-#2ũ!.,.ũ#23 ēũ
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
Ċ
.2_ũ 41;-Ĕũ 1+.2ũ (1 -" Ĕũ #1-;-ũ (!.Ĕũ .2_ũ 4(2ũ ,.2Ĕũ (+,#1ũ #"(- ũ8ũ
(,#ũ ;-!'#9ũ1#!.1" 1.-ũ5(#) 2ũ -_!".3 2ēũ
B7HA
-"1 ũ 5 2Ĕũ 142! 8 ũ:+5 1#9ũ 8ũ 142! 8 ũ"#ũ:+5 1#9ũ3 , (_-ũ "(2$143 1.-ũ"#ũ#23 ũ1#4-(¢-ēũ
/.&/(
ƒ Ä Ä€
Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ĹŠ!../#1 3(5 ĹŠ 3(#-#ĹŠ4- ĹŠ-4#5 ĹŠ %#-!( ĹŠ/ 1 ĹŠ" 1ĹŠ ,;2ĹŠ!.,."(" "ĹŠ ĹŠ 2.!(.2ĹŠ8ĹŠ!+(#-3#2Ä“
ÄĽ -ĹŠ 1 -!(2!.ÄŚĹŠ,;2ĹŠ !#1! ĹŠ"#ĹŠ242ĹŠ2.!(.2
c_j[ j[d[h \WY_b_ZWZ Z[ WYY[ie" [d fh_c[hW _dijWdY_W fWhW bei Yec[hY_Wdj[i ieY_ei gk[ bb[]Wd Z[iZ[ bei YWdjed[i o ^WY[d iki I_[cfh[ f[diWdZe [d bW Yece# d[]eY_ei [d [b i[Yjeh1 o [d i[]kd# Z_ZWZ o \WY_b_ZWZ Z[ WYY[ie W iki ZW _dijWdY_W fWhW bei ieY_ei gk[ j_[d[d l[^‡Ykbei oW gk[ i[hl_Y_ei" bW Yeef[hWj_lW j_[d[d cWoeh[i fei_X_b_# Z[ W^ehhe o YhƒZ_je ĂˆIWd ZWZ[i Z[ fWhgk[e h|f_Ze" <hWdY_iYeÉ WXh_ÂŒ kdW ĹŠ
i[W [d [b fhef_e [ifWY_e Z[ dk[lW W][dY_W [d [b i[Y# .!(.2ĹŠ3(#-#ĹŠ#23 ĹŠ bW Yeef[hWj_lW e [d bWi YW# jeh ikh Z[ bW Y_kZWZ$ !../#1 3(5 ĹŠ bb[i Wb[ZW‹Wi$ ;ij| kX_YWZW [d bW Æ;b [ijWY_edWc_[dje YWbb[ @kb_e @WhWc_bbe W [d [b Y[djhe Z[ bW Y_kZWZ +&& fWiei Z[b h[ZedZ[b Z[ >kWY^_ 9^_Ye o W Z[Y_h Z[ [i XWijWdj[ Yecfb[`e" feh [bbe ;ijkWhZe FWh[Z[i" ][h[dj[ Z[ bW WXh_cei bWi W][dY_Wi [d [b i[Yjeh [dj_ZWZ" bW dk[lW W][dY_W eX[Z[# ?pWcXW o >kWY^_ 9^_Ye fWhW gk[ Y[ W bWi f[j_Y_ed[i Z[ bei c_icei de i[W d[Y[iWh_e XW`Wh Wb Y[djhe o kikWh_ei" oW gk[ ]hWd fWhj[ Z[ Z[cehWhi[ [d bei jh|c_j[iÇ Z_`e iki ieY_ei ^WX_jWd feh [b i[Yjeh e ;ijkWhZe FWh[Z[i$ j_[d[d cWoeh \WY_b_ZWZ Z[ bb[]Wh W [ij[ i_j_e$ 7!#+#-3#2ĹŠ2#15(!(.2 ÆGk[h[cei gk[ dk[ijhei ie# ;ijWi dk[lWi e\_Y_dWi Yk[djWd Y_ei fk[ZWd Z_ifed[h Z[ bei i[h# Yed bei c_icei i[hl_Y_ei gk[ bW l_Y_ei Ă’ dWdY_[hei Z[ _dc[Z_Wje" W][dY_W cWjh_p" [i Z[Y_h" [b ieY_e [if[hWcei WXh_h c|i W][dY_Wi o e Yb_[dj[ feZh| ^WY[h bei c_icei [ijWh Y[hYW Z[ gk_[d[i dei d[Y[# jh|c_j[i Ă’ dWdY_[hei Yed bW YWb_Z[i i_j[dÇ Yec[djÂŒ FWh[Z[i$ o YedĂ’ WdpW gk[ YWhWYj[h_pW W [ijW Yeef[hWj_lW Z[ W^ehhe o YhƒZ_je$ FWhW FWh[Z[i" bW Wf[hjkhW Z[ .,."(" " 7b [ijWh kX_YWZe b[`ei Z[b Y[djhe [ijW W][dY_W h[ifedZ[ Wb fbWd Z[ bW Y_kZWZ" [ijW W][dY_W f[h# [ijhWjƒ]_Ye Z[ bW [cfh[iW" gk[
Ĉĉć
Ĺ‡Ä’Ä‘ÄˆÄ‘ÄŽ
f_[diW [d bW [nfWdi_ÂŒd fWhW Yk# Xh_h c|i i[Yjeh[i o [ijWh Ăˆc|i Y[hYW Z[ j‡É" Yece Z_Y[ ik ibe]Wd$ 4#-3#2ĹŠ"#ĹŠ#,/+#. BW Wf[hjkhW Z[ bW dk[lW W][dY_W" WZ[c|i Z[ \ehjWb[Y[h bW YedĂ’ WdpW
Z[ iki ieY_ei" i[ Yedi_Z[hW kdW \k[dj[ ][d[hWZehW Z[ [cfb[e Z_h[Yje [ _dZ_h[Yje" oW gk[ Wb c[# dei i_[j[ f[hiedWi jhWXW`Wd [d [ijWi Ă“ WcWdj[i eĂ’ Y_dWi$ ;ije ZW ck[ijhW gk[ bW Yee# f[hWj_lW [ij| cko fh[eYkfWZW Z[ Yedjh_Xk_h Wb X_[d[ijWh o fhe# ]h[ie Z[ bW Yeb[Yj_l_ZWZ" Yece be WĂ’ hcW ik ][h[dj[$
#15(!(.2ĹŠ 2.!( +#2ĹŠĹŠ Ĺ—ĹŠĹŠ
"#,;2ĹŠ"#ĹŠ.3.1% 1ĹŠ2#15(!(.2ĹŠ ÄƒĹŠ- -!(#1.2ĔŊ#23 ĹŠ#-3(" "ĹŠ2#ĹŠ/1#.Äą !4/ ĹŠ/.1ĹŠ#+ĹŠ (#-#23 1ĹŠ-.ĹŠ2.+.ĹŠ"#ĹŠ242ĹŠ 2.!(.2ĔŊ2(-.ĹŠ"#ĹŠ3." ĹŠ+ ĹŠ!.+#!3(5(" "ĔŊ 8 ĹŠ04#ĹŠ' ĹŠ/4#23.ĹŠ#-ĹŠ, 1!' ĹŠ242ĹŠ 1(% " 2ĹŠ,_"(! 2ĹŠ04#ĹŠ 84" -ĹŠ ĹŠ !4(" 1ĹŠ+ ĹŠ2 +4"ĹŠ"#ĹŠ3.".2ēŊ
2Ŋ 1(% " 2Ŋ1#!.11#-Ŋ+.2Ŋ! -3.-#2Ŋ "#Ŋ+ Ŋ/1.5(-!( Ŋ/#1(¢"(! ,#-3#ēŊ
ÂĄ ēŊŊ 23 ĹŠ-4#5 ĹŠ %#-!( ĹŠ2#ĹŠ#-!4#-31 ĹŠ +ĹŠ+ ".ĹŠ"#+ĹŠ2ĂŒ/#1ĹŠ,#1! ".ĹŠÄĽ (ĹŠ 2#1(3 ÄŚĹŠ#-ĹŠ 4 !'(ĹŠ '(!.ēŊ
ĹŠ ĹŠ ĹŠ ĹŠ Ĺ—ĹŠ ~++ 1. Ĺ—ĹŠ +!#". Ĺ—ĹŠ 3 !4-% Ĺ—ĹŠ #+(+#. Ĺ—ĹŠ ! 2 Ĺ—ĹŠ 48.ĹŠ Ĺ—ĹŠ #-
ĹŠ %#-!( ĹŠ, 31(9Ä–ĹŠ! ++#ĹŠ .-3 +5.ĔŊ#-31#ĹŠ Ĺ—ĹŠĹŠĹŠĹŠÄˆÄ‰ĹŠ"#ĹŠ .5(#, 1#ĹŠ8ĹŠ 4 -ĹŠ #-(%-.ĹŠ #+ ĹŠĹŠĹŠĹŠ ŊŊŊŊĸ!#-31.ĹŠ"#ĹŠ+ ĹŠ!(4" "ĚēŊ
Ŋ %#-!( Ŋ 9 , ĖŊ! ++#Ŋ ."1(%.Ŋ !' -.ĔŊŊ ŗŊŊŊŊ#-31 " Ŋ Ŋ 3 '4 +/ Ŋĸ-.13#Ŋ"#Ŋ+ Ŋ ŊŊŊŊ!(4" "Ěē
Ŋ %#-!( Ŋ 4 !'(Ŋ '(!.ĖŊ 5#-(" Ŋ 4+(.ŊŊŊŊŊŊ ŗŊŊŊ 1 ,(++.ĔŊ Ŋ/.!.2Ŋ/ 2.2Ŋ"#+Ŋ #".-"#+Ŋ"#ŊŊ ŊŊŊ 4 !'(Ŋ '(!.ēŊ
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
v Ĺ‹ &Ĺ‹ , $)Ĺ‹ ' , )Ĺ‹*),Ĺ‹ '* ˜ -ĹŠ 4(3.ĹŠ2#ĹŠ++#5 1.-ĹŠ ĹŠ! .ĹŠ".2ĹŠ, 1Äą !' 2ĔŊ4- ĹŠ ĹŠ$ 5.1ĹŠ"#+ĹŠ ~ĹŠ8ĹŠ.31 ĹŠ ĹŠ$ 5.1ĹŠ "#+ĹŠ .ĹŠ#-ĹŠ+ ĹŠ/1¢7(, ĹŠ!.-24+3 Ä“
}ēŊ .2Ŋ/ 13(" 1(.2Ŋ"#+Ŋ . (#1-.Ŋ/ 13(!(/ 1.-Ŋ!.-Ŋ24Ŋ31 "(!(.- +Ŋ!.+.1Ŋ5#1"#Ĺ+(,¢-ē
ēŊ .2ĹŠ 2 , +#~23 2ĹŠ8ĹŠ24ĹŠ31 ).ĹŠ$4#1.-ĹŠ#2!#-(ă! ".2ĹŠ/.1ĹŠ-4,#1.2.2ĹŠ/ 8 2.2Ä“
;d bW YWf_jWb" [b :‡W Kd_l[hiWb Z[b FbWpW =hWdZ[" ZedZ[ bei h[Y_X_ÂŒ JhWXW`e \k[ eX`[je Z[ ]hWdZ[i [b l_Y[fh[i_Z[dj[ Z[ bW H[f‘Xb_# cWhY^Wi Z[ bWi \k[hpWi ieY_Wb[i W YW" B[d‡d Ceh[de$ \Wleh Z[b I‡ o [b De [d bW fhÂŒn_cW HeZh_]e 9ebbW^kWpe" Z[b I[# YedikbjW fefkbWh$ ]khe IeY_Wb 9Wcf[i_de" _d\ehcÂŒ BW jhWZ_Y_edWb cWhY^W Z[ bei Wb fh_dY_f_e Z[ bW cWhY^W gk[ i[ eXh[hei [ijkle Yecfb[jWc[d# [if[hWXW bW fh[i[dY_W Z[ Wbh[Z[# j[ feb_j_pWZW o Z_l_Z_ZW [d Zei Zeh *& c_b f[hiedWi" [djh[ [bbei ]hWdZ[i ]hkfei" f[he bW cWi_lW ]hkfei i_dZ_YWb[i Yece bW 9J; WĂ“k[dY_W Z[ ][dj[ [d Wc# o bW 9[ZeY" Wi‡ Yece jWc# XWi cWd_\[ijWY_ed[i i[ l_e X_ƒd jWn_ijWi [`[Ykj_lei Z_ic_dk_ZW W bW ^ehW Z[ bei ĹŠ o jhWdifehj_ijWi" ]hkfei Z_iYkhiei [d bWi h[if[Yj_# Y_kZWZWdei" Yec[hY_Wd# lWi fbWpWi" oW gk[ d_d]kdW ÄŒÄ‡Ä‡ĹŠ/.+(!~ 2ĹŠ2#ĹŠ j[i" f[gk[‹ei fheZkYje# "(5("(#1.-ĹŠ#-31#ĹŠ i[ bb[dÂŒ [d ik jejWb_ZWZ$ + 2ĹŠ".2ĹŠ, 1!' 2ĹŠ h[i o Yeb[Yj_lei ieY_Wb[i" F[j[h MWbZeh\\" i[# / 1 ĹŠ/1#! 43#+ 1ĹŠ [djh[ ejhei$ #+ĹŠ.1"#-Ä“ ;ijW cWhY^W YedjÂŒ Yed Yh[jWh_e ][d[hWb Z[ bW ?d# bW fh[i[dY_W fWhY_Wb Z[b j[hdWY_edWb Z[ I[hl_Y_ei fWhj_Ze IeY_Wb_ijW <h[dj[ F‘Xb_Yei ?IF " Yh_j_YÂŒ bW Æ\WbjW Z[ h[if[je W bei Z[h[Y^ei 7cfb_e" gk[ i[ Z_l_Z_ÂŒ [djh[ bWi bWXehWb[i X|i_YeiÇ o bW Z_l_i_ÂŒd feijkhWi Z[b I‡ o [b De" Wb _]kWb gk[ i[ ^W Yh[WZe [djh[ i[Yjeh[i gk[ bW 9[eib o [b FWhj_Ze 9eck# Z[ jhWXW`WZeh[i gk[ ÆZ[X[h‡Wd d_ijW Z[ ;YkWZeh" gk[ Yed]h[]ÂŒ j[d[h bei c_icei Z[h[Y^eiÇ$ feh fh_c[hW l[p W bW <[Z[hWY_ÂŒd ;YkWjeh_WdW Z[ ?dZ_ei <;? $ KdW l[p oW [d bW jWh_cW de 1!' ĹŠ"#+ĹŠ ~ ;b i[Yjeh gk[ WfeoW Wb =eX_[hde \WbjWhed bei Z_iYkhiei" [djh[ [bbei i[ h[kd_ÂŒ [d [b fWhgk[ ;b 7hXe# Z[ Z_h_][dj[i Yece Ceh[de" 9e# b_je" o ik h[Yehh_Ze bb[]ÂŒ ^WijW bW bbW^kWpe" IWdj_W]e OW]kWb" Z[ bW
ēŊ (+#2Ŋ"#Ŋ. 1#1.2Ŋ, 1!' 1.-Ŋ#-Ŋ24Ŋ"~ ĔŊ/#1.Ŋ#-Ŋ4-Ŋ!.-3#73.Ŋ/.+~3(!.ēŊ 04~Ŋ+.2Ŋ ./4#23.2Ŋ Ŋ+ Ŋ!.-24+3 Ŋ/./4+ 1ē
9J;" o CWhY[be IebÂŒhpWde" Z[ bei jhWXW`WZeh[i [bƒYjh_Yei" Yed bW fh[i[dY_W Z[ bei b[]_ibWZeh[i 9ƒiWh HeZh‡]k[p o L_h]_b_e >[h# d|dZ[p" Wi‡ Yece ejhei h[fh[# i[djWdj[i Z[b =eX_[hde Yece =kijWle @Wba^" i[Yh[jWh_e fWhj_# YkbWh Z[b Fh[i_Z[dj[" o :eh_i Ie# b_p" c_d_ijhW 9eehZ_dWZehW Z[ bW Feb‡j_YW" [djh[ ejhei$ 1!' ĹŠ"#+ĹŠ .
C_[djhWi jWdje" W bWi /0)&" _d_Y_ÂŒ bW cWhY^W Z[ bei i[Yjeh[i Z[ bei jhWXW`WZeh[i W \Wleh Z[b De" gk[ \k[ Z[iZ[ [b fWhgk[ Z[ bW 7bW# c[ZW" W cko feYW Z_ijWdY_W Z[ bW ejhW" ^WijW IWd <hWdY_iYe" [d [b Y[djhe" bb[dWdZe bWi YWbb[i Z[ he`e o XbWdYe" [d ik cWoeh‡W$ KdW c[pYbW Z[ i[Yjeh[i i[ Z_e Y_jW W [ij[ [l[dje" [djh[ [bbei WYjeh[i feb‡j_Yei Yece 7bX[hje 7YeijW CL " 9_he =kpc|d o Bk_i L_bbWY‡i" Z[b CF:" >kcX[h# je 9^ebWd]e o F[f[ 7YWY^e Z[ bW 9edW_[" bWi WiWcXb[‡ijWi Bekh# Z[i J_X|d o :_WdW 7jWcW_dj Z[ FWY^Wakj_a" C[i‡Wi JWjWck[p Z_h_][dj[ Z[ bW 9;EIB" [djh[ ejhei$ BW cel_b_pWY_ÂŒd" de jWd fe# fkbeiW Yece bW Z[b I‡" YedjÂŒ Yed bW fh[i[dY_W Z[ bW K=J;" jhWXW# `WZeh[i Z[b Ckd_Y_f_e Z[ Gk_je" [ijkZ_Wdj[i Z[ bW <;K;" bW KD;" <;I;" o c_b_jWdj[i Z[b CF: Wi‡ Yece Wb]kdei Z_h_][dj[i Z[b FWhj_Ze IeY_Wb_ijW$ JWcX_ƒd fWhj_Y_fWhed i[Yje# h[i Y_kZWZWdei" jhWXW`WZeh[i Z[ bW fbWpW Z[ jehei o Z[ bei YWi_dei" Yec[hY_Wdj[i c_deh_ijWi WkjÂŒ# decei" eh]Wd_pWY_ed[i XWhh_W# b[i" o kdW YecfWhiW Z[ ĂˆfWoWieiÉ i_ckbWdZe W bei WiWcXb[‡ijWi$
, $ ), -ŋ -ð& ,)(ŋ , #)( )-ŋ (ŋ / 3 ŊěŊ;b jhWZ_Y_edWb Z[iÒb[
[d ^edeh Wb :‡W Z[b JhWXW`WZeh" ceijhŒ Wo[h [b \hWYY_edWc_[dje Z[ bWi eh]Wd_pWY_ed[i eXh[hWi o i_dZ_YWb[i$ BW cWhY^W gk[ i[ YedY[djhŒ [d [b FWhgk[ 9^_b[" Z[ bW YWbb[ De]kY^_" [n^_X_Œ bW kd_Œd Z[ bW KD;" CF:" 9eehZ_dWZeh FW# Y^Wa_jka" H[Z o [cfb[WZei Z[ bWi WieY_WY_ed[i Z[ X_d]ei o YWi_# dei" gk[ h[Y^WpWhed jejWbc[dj[ bW fh[]kdjW h[if[Yj_lW Z[ bW Yed# ikbjW fefkbWh$
=kijWle BWhh[W" @eh][ ;iYWbW" CWkh_Y_e BWhh[W" 7hWY[bo Ceh[# de" 7bedie BŒf[p" [dYWX[pWhed bW cWhY^W `kdje W kdW ]hWd fWd# YWhjW ik]_h_[dZe Wb leje feh [b De [d bW YedikbjW$ ;b <h[dj[ FefkbWh" 9[ZeYkj" `kX_bWZei" [njhWXW`WZeh[i Z[b ?;II" <[Z[hWY_Œd Z[ JhWXW`W# Zeh[i Z[b =kWoWi" Yec[hY_Wdj[i c_deh_ijWi" YWc_dWhed W be bWh]e Z[ bW Wl[d_ZW / Z[ EYjkXh[" h[# Y^WpWdZe bei Z[if_Zei cWi_lei Z[ XkheYh|jWi Z[b i[Yjeh f‘Xb_Ye$
;d c[Z_e Z[ bW ckbj_jkZ" Bk_i I[hhWde <_]k[heW" `kdje W kd YWc[bbe" [nfh[iŒ ik Z[\[diW Wb jhWXW`e o bbWcŒ W bW feXbWY_Œd W lejWh De$ ;b ]hkfe bb[]Œ ^WijW bW FbWpW Z[b 9[dj[dWh_e" ZedZ[ i[ _dijWbŒ kdW jWh_cW fWhW [b Z_iYkhie Z[ bei c_b_jWdj[i [c[f[Z_ijWi$ <k[ [l_Z[dj[ bW Z[i[hY_Œd Z[ ]hkfei Z[ eXh[hei [d bW _dj[hi[Y# Y_Œd Z[ bWi YWbb[i =WhY‡W 7l_b[i o / Z[ EYjkXh[$ =kijWle BWhh[W i[‹WbŒ gk[
Æde feZ[cei WdWb_pWh Z[ kdW [d kdW bWi fh[]kdjWi fehgk[ bW Yed# ikbjW Z[ feh i‡ [i _dYedij_jkY_e# dWb o jeZei bei iWX[dÇ$ ;d [b jhWo[Yje" kd ]hkfe Z[ d_‹ei jhWXW`WZeh[i l[ij_Zei Yed hefW \ebYbeh_YW" f_Z_[hed cWoe# hh[if[je W bei fk[ijei Z[ jhWXW`e Z[ iki fWZh[i$ ;ije" c_[djhWi kd ]hkfe Z[ [ijkZ_Wdj[i Z[ bW <;K;" gk[cW# XW kd ced_]ej[ h[fh[i[djWdZe Wb fh[i_Z[dj[ HW\W[b 9ehh[W o ejhei c_[cXhei Z[b =eX_[hde$
ēŊ ĹŠ$4#19 ĹŠ. 1#1 ĹŠ"#ĹŠ 4 8 2ĔŊ"#2ă+¢Ŋ#-ĹŠ1#!' 9.ĹŠ ĹŠ+ ĹŠ!.-Äą 24+3 ĹŠ/./4+ 1Ä“
ƒ Ă
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ĺ‹ , Ĺ‹ &ŋð(Ĺ‹ Ĺ‹/( Ĺ‹ '* ˜ Ĺ‹-#(Ĺ‹ )(.,)&
1!( ĹŠ (!#".ĔŊ!.-2#)#1 ĹŠ"#+ĹŠ ĔŊ !.-2("#1 ĹŠ04#ĹŠ#+ĹŠ.1% -(2,.ĹŠ3(#-#ĹŠ4- ĹŠ "#4" ĹŠ!.-ĹŠ+ ĹŠ!(4" " -~ Ä“ <WbjWd jh[i Z‡Wi fWhW [b Ă’d Z[ bW YWcfW‹W [b[YjehWb o [b Yedjheb Z[ bW cicW ^W i_Ze Yh_j_YWZe [d c|i Z[ kd eYWi_ÂŒd$ Kd ‘bj_ce YWie i[ Z_e [d 9W‹Wh" ZedZ[ bW @kdjW Fhel_d# Y_Wb ;b[YjehWb _dYWkjÂŒ cWj[h_Wb fheceY_edWb W \Wleh Z[ I‡ [d Wfhen_cWZWc[dj[ eY^e j[d[d# Y_Wi feb‡j_YWi" Ægk[ ^WX‡Wd i_Ze Yedl[hj_ZWi [d Y[djhWb[i Z[ YWcfW‹WÇ" _d\ehcÂŒ [b Yedi[`[he Z[b 9edi[`e DWY_edWb ;b[YjehWb 9D; <Wkije 9WcWY^e$ ;b \kd# Y_edWh_e Z_`e gk[ W^ehW Z[X[h| h[iebl[hi[ i_ i[ h[Wb_pW kd [nf[# Z_[dj[ fWhW [dl_Wh Wb Jh_XkdWb 9edj[dY_eie ;b[YjehWb J9; fWhW gk[ Ă’`[ fei_Xb[i iWdY_ed[i" Z[X_Ze W gk[ i[ ^W kiWZe bW _d# \hW[ijhkYjkhW Z[b ;ijWZe ZkhWd# j[ bW YWcfW‹W$ ÄĽ 4#%.ĹŠ"#2+# +ÄŚ
FWhW [b WiWcXb[‡ijW 7dZhƒi F|[p ?: [ij[ ^[Y^e [l_Z[dY_W [b kie Z[ X_[d[i Z[b ;ijWZe ZkhWdj[ bW YWcfW‹W fWhW fhecel[h bW j[i_i eĂ’Y_Wb_ijW$ Æ;if[he gk[ Wdj[ kd WYje jWd Z[b[pdWXb[" jec[ c[Z_ZWi [b 9D; o i[ Z[ij_jkoW W bei \kdY_e# dWh_ei gk[ be f[hc_j_[hedÇ$ F|[p Z[dkdY_ÂŒ [b `k[]e Z[i# b[Wb$ Æ7 bW efei_Y_ÂŒd i[ b[ ^WY[
-ĹŠ! ,/  Ŋ#+#!3.1 +ĹŠ + ĹŠ 1#2("#-!( ĹŠ' ĹŠ% 2Äą 3 ".ĹŠ,;2ĹŠ"#ĹŠ4-ĹŠ,(++¢-ĹŠ "#ĹŠ"¢+ 1#2ĹŠ#-ĹŠ/4 +(!(" "ĔŊ 424 +,#-3#ĹŠ+.2ĹŠ,.-3.2ĹŠ 2!#-"~ -ĹŠ ĹŠÄ?ććŊ4ŊđććŊ,(+ĹŠ "¢+ 1#2Ģē ĹŠ
ĹŠ ĹŠ ÂĄ ĹŠ
jeZe j_fe Z[ Yedjheb[i" c_[djhWi gk[ W 9ehh[W de" Wb fkdje gk[ d_ i_gk_[hW i[ b[ [n_]_ÂŒ gk[ decXh[ kd j[ieh[heÇ$ BW Yedi[`[hW Z[b 9D;" CWhY_W 9W_Y[Ze" cWd_\[ijÂŒ gk[ [b eh]W# d_ice j_[d[ kdW Z[kZW Yed bW Y_kZWZWd‡W [d be gk[ i[ h[Ă’[h[ Wb Yedjheb Z[ YWcfW‹W$ ÆDe ^[cei Ykcfb_Ze Yed [ije" jWb l[p feh bW fh[eYkfWY_ÂŒd e fehgk[ de ie# cei [b ÂŒh]Wde Yecf[j[dj[ fWhW YedjhebWh [b kie Z[ bei h[Ykhiei f‘Xb_YeiÇ$ I_d [cXWh]e" Wjh_XkoÂŒ gk[ jeZe [ije [i Yedi[Yk[dY_W Z[ bW YWb_Ă’YWY_ÂŒd _dƒZ_jW Z[b fh[i_Z[d# j[ HW\W[b 9ehh[W Yece ik`[je fe# b‡j_Ye$ Æ;ije Z[iXehZÂŒ [b fheY[ie o fheZk`e kdW YWcfW‹W _dYed# jhebWXb[ gk[ ][d[hÂŒ Z[i_]kWbZWZ [djh[ bei fWhj_Y_fWdj[iÇ$ ĹŠ .-31.+
Hkj^ >_ZWb]e" Z_h[YjehW Z[ FWh#
ēŊ Ŋ/4 +(!(" "Ŋ!.-Ŋ#+Ŋ1.231.Ŋ"#+Ŋ 1#2("#-3#Ŋ2(%4#Ŋ#-Ŋ +%4-.2Ŋ+4% 1#2Ŋ Ŋ/#2 1Ŋ"#Ŋ#23 1Ŋ/1.'( (" Ŋ#-Ŋ#23 Ŋ_/.! Ĕ
j_Y_fWY_ÂŒd 9_kZWZWdW F9 Z_`e gk[ [d XWi[ W bW WYj_l_ZWZ Z[ ced_jeh[e gk[ ^WY[ ik eh]Wd_pWY_ÂŒd i[ ^W Z[# j[hc_dWZe gk[ bW l[ZW fkXb_Y_jWh_W Æde ^W \kdY_edWZeÇ" Z[X_Ze W gk[ ZkhWdj[ [ij[ f[h_eZe ^W ^WX_Ze Wb# jWi Y_\hWi Z[ ieb_Y_jkZ[i fWhW fWkjWh Z[ bWi [dj_ZWZ[i f‘Xb_YWi" be gk[ ^W ][d[hWZe _d[gk_ZWZ [djh[ bei fWhj_# Y_fWdj[i$ FWhW >_ZWb]e" Wb 9D; b[ ^W \WbjWZe \k[hpW fWhW YedjhebWh Z[ c[`eh cWd[# hW bW YWcfW‹W [b[YjehWb" ieXh[ jeZe [d be gk[ i[ h[Ă’[h[ W bW fkXb_Y_ZWZ Z[b
=eX_[hde" Æ9ed bW YWb_Ă’YWY_ÂŒd Z[b fh[i_Z[dj[ HW\W[b 9ehh[W Yece ik`[je feb‡j_Ye [hW eXl_e gk[ _XWd ZWhi[ [ijei [nY[ieiÇ" [d\Wj_pÂŒ$ Feh ik fWhj[" bW Yedi[`[hW Z[b 9D; CWhY_W 9W_Y[Ze _dZ_YÂŒ gk[ f[i[ W bW WbjW Z[cWdZW Z[ [dj_# ZWZ[i Z[b ;ijWZe gk[ f_Z_[hed Wkjeh_pWY_ÂŒd fWhW ^WY[h fhefW# ]WdZW [d [ij[ f[h_eZe" [ijWi de Ykcfb[d Yed be gk[ [ijWXb[Y[ [b 9ÂŒZ_]e Z[ bW :[ceYhWY_W" _d\ehcWh ieXh[ kd fbWd [d [`[# YkY_ÂŒd" i_de cWi X_[d kiWhed [b [ifWY_e fWhW fheceY_edWh iki i[hl_Y_ei e fhe]hWcWi$
bWi \hWi[i Wbki_lWi Wb I‡" feh Yedi_Z[hWhi[ gk[ [ijWi feZh‡Wd _dZkY_h W bei [b[Yjeh[i$ 9W_Y[Ze i[‹WbŒ gk[ Wbh[Z[Zeh Z[ kdW Z[Y[dW Z[ lWbbWi W‘d de ^Wd i_Ze h[j_hWZWi" fk[i de \k[hed YebeYWZWi feh ?dZklWbbWi" [cfh[# iW dej_\_YWZW feh [b 9D;$ 7i‡" 9W# cWY^e ZkhWdj[ kd h[Yehh_Ze feh bW I_[hhW 9[djhWb" Z_`e gk[ [dYed# jhŒ [ij[ j_fe Z[ c[diW`[i [d Jkd# ]khW^kW" 7pe]k[i" 9^_cXehWpe" YkWdZe [b fbWpe fWhW h[cel[hbWi ^WX‡W l[dY_Ze" feh be gk[ WZl_hj_Œ gk[ [b eh]Wd_ice Z[X[h‡W ^WY[h kd [nf[Z_[dj[ fWhW iWdY_edWh W gk_[# d[i de WYWjWhed bW h[iebkY_Œd$ EcWh I_ced" j_jkbWh Z[b 9D;" feh ik fWhj[" cWd_\[i# ++ 2 ;b eh]Wd_ice [b[YjehWb Z_ifkie jŒ gk[ i[ Z_ifedZh| [b h[j_he [b (& Z[ WXh_b h[j_hWh bWi lWbbWi Z[ bWi lWbbWi W bei =eX_[hdei Yed [b heijhe Z[b Fh[i_Z[dj[ o beYWb[i$
& ! )-Ĺ‹ Ĺ‹ 'Z,# Ĺ‹ ) - ,0 ,6(Ĺ‹& Ĺ‹ )(-/&. C|i Z[ c[Z_e Y[dj[dWh Z[ h[fh[i[djWdj[i Z[ 7cƒh_YW fWhj_Y_fWh|d [d YWb_ZWZ Z[ eXi[hlWZeh[i Z[ bW Yedikb# jW fefkbWh o h[\[h[dZe Z[b fhÂŒn_ce i|XWZe" _d\ehcÂŒ Wo[h [b fh[i_Z[dj[ Z[b 9edi[# `e DWY_edWb ;b[YjehWb 9D; " EcWh I_ced$ I_ced Z_`e gk[ bW Eh]Wd_# pWY_ÂŒd Z[ ;ijWZei 7c[h_YW# dei E;7 i[ ^Wh| fh[i[dj[ Yed kdW c_i_ÂŒd Z[ '+ f[hie# dWi" [d jWdje gk[ i[ ^W Wdkd# Y_WZe bW fh[i[dY_W Z[ kdei *& h[fh[i[djWdj[i Z[ eh]Wd_i# cei [b[YjehWb[i Z[ 7cƒh_YW$ 7‹WZ_ÂŒ gk[ i[ ^Wd WYh[Z_# jWZe jWcX_ƒd Yece eXi[hlW# ZehWi Zei eh]Wd_pWY_ed[i be# YWb[i Z[ :[h[Y^ei >kcWdei$ ;b fh[i_Z[dj[ Z[b 9D; _d# Z_YÂŒ gk[ [if[hWd j[d[h bei
¥ ēŊ +Ŋ3(34+ 1Ŋ"#+Ŋ Ŋ(-2(23#Ŋ#-Ŋ 04#Ŋ+ Ŋ!.-24+3 Ŋ2#1;Ŋ31 -2/ 1#-3#ē
fh_c[hei h[ikbjWZei e\_Y_Wb[i fWhY_Wb[i kdWi Zei ^ehWi Z[i# fkƒi Z[b Y_[hh[ Z[ bWi khdWi o gk[ W bW c[Z_WdeY^[ Z[b i|XWZe l[d_Z[he feZh‡Wd j[d[h [djh[ [b )& o *& [iYhkjWZe$
ƒ
Ŋĉ
Ä 23;ĹŠ 423#"ĹŠ "#ĹŠ !4#1".ĹŠ 04#ĹŠ #-ĹŠ #+ĹŠ/ ~2ĹŠ2#ĹŠ/1.'~ -ĹŠ+.2ĹŠ-#%.!(.2ĹŠ "#"(! ".2ĹŠ ĹŠ)4#%.2ĹŠ"#ĹŠ 9 1ĔŊ3 +#2ĹŠ !.,.ĹŠ! 2(-.2ĹŠ8ĹŠ2 + 2ĹŠ"#ĹŠ)4#%.Ä&#x;
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ă
Ē /#ŋ # .)ŋ & -ŋ' +/#(#. -ēŋ
ēŊ 1~ Ŋ 4%423 Ŋ ~ 9ĔŊ/1#2("#-3 Ŋ"#Ŋ+ Ŋ 2.!( !(¢-Ŋ !(.- +Ŋ"#Ŋ 1./(#3 1(.2Ŋ8Ŋ ",(-(231 ".1#2Ŋ"#Ŋ + 2Ŋ"#Ŋ 4#%.Ŋĸ -/ 2)4Ěē
7b[`WdZhe CWdY[he" Z[ '- W‹ei" [ijkZ_Wdj[ Z[ Yeb[]_e" WZc_j[ ^W# X[h ik\h_Ze Y_[hjW WZ_YY_ÂŒd W bWi ÆcWgk_d_jWiÇ" Yece ƒb bWi Z[de# c_dW o W bei Yeicei$ 9k[djW gk[ [cf[pÂŒ W \h[Yk[djWh [ijWi iWbWi Z[ `k[]e W Ă’dWb[i Z[ fh_c[h Ykh# ie o gk[ fWhW YkWdZe [ijWXW [d j[hY[he oW [cfb[WXW lWh_Wi ^ehWi Wb Z‡W [d Wgk[bbei Y[djhei$ Æ7 l[Y[i c[ \k]WXW o de [djhWXW W YbWi[iÇ" Yec[djÂŒ o [nfb_YÂŒ gk[ c|i gk[ kdW d[Y[# i_ZWZ Z[ `k]Wh [hW [b Z[i[e Z[ Yecf[j_h YedjhW bei ejhei `k]W# Zeh[i be gk[ bbWcWXW ik Wj[d# Y_ÂŒd" o gk[ ][d[hWbc[dj[ Z[i# fkƒi Z[ YbWi[i [cfb[WXW [djh[
jh[i o YkWjhe ^ehWi YWZW Z‡W" Z[ bkd[i W l_[hd[i" [d Wgk[bbei bk# ]Wh[i" o W]h[]ÂŒ gk[ bei Ă’d[i Z[ i[cWdW de be ^WY‡W fehgk[ ik cWZh[ de i[ be f[hc_j‡W$ LWh_ei bk]Wh[i gk[ ^Wo Wbh[# Z[Zeh Z[b Yeb[]_e ^Wd i_Ze Y[# hhWZei" Wi[]khÂŒ CWdY[he" Wh]k# c[djWdZe gk[ eYkhh_ÂŒ fehgk[ Z[`WXWd [djhWh W c[deh[i Z[ [ZWZ" d_‹ei Z[ '' o '( W‹ei" f[he W‹WZ_ÂŒ gk[ [d ÆbW Yk[lWÇ" kdW Z[ bWi iWbWi gk[ Yedj_d‘W ef[hWdZe" i‡ f_Z[d bW YƒZkbW o Z[`Wd [djhWh iebWc[dj[ W cWoeh[i Z[ '+ W‹ei o gk[ feh [iW hWpÂŒd ^W f[hcW# d[Y_Ze WX_[hjW oW gk[ jWcfeYe [nf[dZ[d WbYe^eb$
ŋ )' (. ,6ŋ & ( -.#(# ŋ- & -ŋ ŋ$/ !) -Ŋ.31.2Ŋ/ ~2#2Ŋ' 8Ŋ-.1, 2Ŋ/ 1 1#%4+ 1+.2ĔŊ/#1.Ŋ#-ŊŊ !4 ".1Ŋ2# 42! Ŋ/1.'( (1Ŋ+.2Ŋ)4#%.2Ŋ"#Ŋ 9 1ēŊ
I_ i[ Wfhk[XW bW YedikbjW fe# B[o fWhW h[]kbWhbe$ ;d fW‡i[i fkbWh gk[ fhe^‡X[ bei `k[]ei Yece Cƒn_Ye" [d ZedZ[ bW WYj_# Z[ WpWh" ;YkWZeh feZh‡W Yed# l_ZWZ [ij| [d Wk][ jWcX_ƒd i[ l[hj_hi[ [d [b ‘d_Ye fW‡i W d_# h[]kbWh_pÂŒ" Wi‡ Yece [d F[h‘$ F[he [d [b fW‡i Æi[ lW W h[# l[b Z[ BWj_deWcƒh_YW i_d YW# i_dei" iWbWi Z[ `k[]e" X_d]ei" jheY[Z[hÇ" W‹WZ_ÂŒ :‡Wp" fehgk[ [djh[ ejhei$ I[]‘d [b ]h[c_e i[ lW W ÆYedl[hj_h Wb ;YkWZeh W\[YjWZe [ije \ec[djWh| bW [d kd fW‡i Z[ `k[]ei YbWdZ[i# YbWdZ[ij_d_ZWZ o feh [dZ[ bW j_deiÇ YkWdZe [ije Æi[ Z[X[h‡W ][d[hWY_ÂŒd Z[ cWĂ’Wi [d jeh# h[]kbWhÇ$ FWhW Z[ceijhWh ik j[i_i" bW de W [i[ c[hYWZe$ BW j[i_i fh_dY_fWb Z[b =e# h[fh[i[djWdj[ Z[b i[Yjeh _dZ_# X_[hde [i gk[ bei `k[]ei Z[ WpWh YÂŒ gk[ Z[X_Ze W bW fhe^_X_Y_ÂŒd eYWi_edWd kd fheXb[cW ieY_Wb0 [d 8hWi_b Æ[n_ij[d c|i Z[ '&& bW bkZefWj‡W e WZ_YY_ÂŒd c_b c|gk_dWi jhW]W# Wb `k[]e$ ced[ZWi _b[]Wb[i o feh BW fh[i_Z[djW Z[ bW [ie [i [b i[]kdZe fW‡i
7ieY_WY_ÂŒd DWY_edWb Z[ /+ 9 2ĹŠ"#ĹŠ#,/+#.ĹŠ c|i ]hWdZ[ Yed `k[]ei "(1#!3.2ĹŠ%#-#1 -ĹŠ YbWdZ[ij_deiÇ$ I_d [c# Fhef_[jWh_ei o 7Zc_# + 2ĹŠ2 + 2ĹŠ"#ĹŠ)4#%.ĹŠ d_ijhWZeh[i Z[ IWbWi Z[ XWh]e" [nfb_YÂŒ gk[ fWhW #-ĹŠ#+ĹŠ/ ~2 @k[]e 7dfWi`k " CWh‡W [l_jWh bWi Ædej_Y_Wi Z[ 7k]kijW :‡Wp" i_d [c# YÂŒce bei c_b_jWh[i [d# XWh]e" i[‹WbÂŒ gk[ bW fh[]kd# jhWd W bWi \WX[bWi fWhW iWYWh Wb jW de YecXWj[ [ij[ fheXb[cW dWhYejh|Ă’Ye feh bW YbWdZ[i# Æi_de iebe W bei d[]eY_eiÇ$ ;ije" j_d_ZWZ " oW ^Wo kdW B[o gk[ i[]‘d [bbW" fheleYWh| Æ[b Y_[hh[ [ij| [d [b 9ed]h[ieÇ$ Z[ bWi [cfh[iWi \ehcWb[i o Wi‡ i[ Yh[Wh| YbWdZ[ij_d_ZWZÇ$ 31 2ĹŠ!.-2#!4#-!( 2ĹŠ 7 d_l[b Z[ BWj_deWcƒh_YW I[]‘d 7dfWi`k" [d [b ;YkWZeh iÂŒbe [d 8hWi_b i[ fhe^‡X[ [b `k[# [n_ij[d '(& iWbWi Z[ `k[]e o ]e" f[he i[ [ij| jhWc_jWdZe kdW )( YWi_dei$ ;d [b fh_c[h YWie"
ĉĎ
2(-.2
24 1(.2Ŋ/.1Ŋ#" "#2Ŋ8Ŋ-(5#+Ŋ"#Ŋ / 13(!(/ !(¢-Ė
Ĺ—ĹŠ -31#ĹŠÄŒÄ‡ĹŠ8ŊĎćŊ  .2Ä–ĹŠĹŠ Ĺ—ĹŠ ;2ĹŠ"#ŊĎćŊ  .2Ä–ĹŠ ĹŠ Ĺ—ĹŠ -31#ĹŠÄˆÄ‘ĹŠ8ŊĉĎŊ  .2Ä–ĹŠ ĹŠ
ÄŽÄ‡Ĺ˜ĹŠ ÄŒÄŽĹ˜ ÄŽĹ˜
ƒijei ][d[hWd (+ c_b fbWpWi Z[ [cfb[e Z_h[Yjei o Wbh[Z[Zeh Z[ '+ c_b _dZ_h[Yjei$ ;d YWcX_e bei YWi_dei ][d[hWd . c_b fbWpWi Z[ [cfb[e Z_h[YjWi$ :[ W^‡ gk[ ejhe Z[ bei _c# fWYjei i[h| gk[" [d [b YWie Z[b Y_[hh[ Z[ bWi iWbWi Z[ `k[]e Æ[b Z[i[cfb[e Wkc[djWh| [d + Ç" W‹WZ_ÂŒ :‡Wp$ 7Z[c|i [b j[cW jWcX_ƒd fWiW feh bW b_X[hjWZ Z[ bWi f[h# iedWi fWhW [b[]_h ik cWd[hW Z[ Z_l[hj_hi[$ ÆDe i[ fk[Z[ YeWhjWh bW b_X[hjWZ$$$ [i Yk[ij_ÂŒd Z[ [Zk# YWY_ÂŒd o Z[ Yedjheb Z[ bWi Wkjeh_# ZWZ[iÇ" WfkdjÂŒ :‡Wp$ Bei _d]h[iei Ă’iYWb[i jWc# X_ƒd i[ l[h‡Wd c[hcWZei" fk[i bWi iWbWi Z[ `k[]e \ehcWb[i WfehjWhed [d (&'& Yed (& c_# bbed[i Z[ ZÂŒbWh[i [d _cfk[ijei$ ;d [b YWie Z[ WfehjWY_ed[i fWhW i[]kh_ZWZ ieY_Wb Z[ iki jhWXW# `WZeh[i ][d[hWhed )( c_bbed[i Z[ ZÂŒbWh[i$
ēŊ .2Ŋ)¢5#-#2Ŋ2.-Ŋ,48Ŋ "(!3.2Ŋ Ŋ+.2Ŋ)4#%.2Ŋ"#Ŋ5~"#.ē
-ĹŠ)4#%.ĹŠ+#% +ĹŠ Bei YWi_dei ied kdW WYj_l_ZWZ jkh‡ij_YW Z[ [djh[j[d_c_[dje" gk[ Yecfb[c[djWd W kd ^ej[b + [i# jh[bbWi" fWhW bW Z_ijhWYY_ÂŒd Z[ bei ^kƒif[Z[i" ^Wo lWh_ei Z[ [bbei [d Y_kZWZ[i Yece =kWoWgk_b" Gk_# je" IWb_dWi o 9k[dYW$ BW 7ieY_WY_ÂŒd Z[ 9Wi_dei o 8_d]ei Z[b ;YkWZeh 7iYWX_ h[fh[i[djW W )( Y[djhei Z[ [d# jh[j[d_c_[dje gk[ \kdY_edWd WcfWhWZei [d bWi b[o[i Z[b fW‡i Z[ Jkh_ice" 9edjheb o Fh[l[d# Y_ÂŒd Z[ BWlWZe Z[ 7Yj_lei" [d# jh[ ejhWi$ @eh][ 9Wijhe" h[fh[i[djWdj[ Z[ bW 7iYWX_" [nfkie gk[ bW fh[# eYkfWY_ÂŒd Z[b i[Yjeh [i bW i[]kh_# ZWZ `kh‡Z_YW Z[ bWi WieY_WY_ed[i dWY_edWb[i [njhWd`[hWi" oW gk[ bei YWi_dei ied WYj_l_ZWZ[i b[# ]Wbc[dj[ Yedij_jk_ZWi W be bWh]e Z[ bei W‹ei" XW`e bWi dehcWi dW# Y_edWb[i [ _dj[hdWY_edWb[i$
Feh ƒijW hWpÂŒd 9Wijhe [nfb_YÂŒ gk[ Yece bWi Wkjeh_ZWZ[i ^Wd \WbbWZe [d YedjhebWh W bei bk]W# h[i Z[ ĂˆcWgk_d_jWiÉ W^ehW [bbei Z[X[d fW]Wh bei fbWjei hejei" o W]h[]ÂŒ gk[ [ij|d \ec[djWdZe bW YbWdZ[ij_d_ZWZ" [b `k[]e _b[]Wb o feh ?dj[hd[j$ Feh ik fWhj[ CWhbb[bo L|pYe# d[p F7?I [d\Wj_pÂŒ [d [b Wif[Y# je ZW‹_de Z[ bei `k[]ei Z[ WpWh o YWi_dei" o ieijkle gk[ Wgk[# bbWi WjhWYY_ed[i ied bW hWpÂŒd Z[b ]hWd fehY[djW`[ Z[ \Wc_b_Wi Z[i_dj[]hWZWi fehgk[ i[ lk[b# l[d kd l_Y_e$ ÆBei l_Y_ei cWdj_[d[i fh[ie W kd _dZ_l_ZkeÇ" i[dj[dY_ÂŒ o WYbWhÂŒ gk[ [b fk[Xbe [YkWjeh_Wde [i [b gk[ lW W Z[Y_Z_h i_ gk_[h[ e de i[# ]k_h j[d_[dZe YWi_dei [d [b fW‡i" o gk[ Yece W bW ][dj[ b[ fh[eYk# fW bW i_jkWY_ÂŒd Z[ bei bkZÂŒfWjWi [b I‡ ]WdWh| [d bWi khdWi$
ŋ !& -# ŋ .š&# ŋ & , ŋ .#ð #š(ŋ
ƒ ą
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
#- Ĺ‹*), &Ĺ‹ * )(Ĺ‹' -#0 )( /,, ( # Ŋš 7bh[Z[Zeh Z[ +& c_b f[hiedWi WYkZ_[hed Wo[h Wb eĂ’# Y_e h[b_]_eie Z[ 7YY_ÂŒd Z[ =hW# Y_Wi feh bW X[Wj_Ă’YWY_ÂŒd Z[b FWfW @kWd FWXbe ??$ JeZei bei Wi_ij[dj[i" fhel[# d_[dj[i Z[ jeZWi bWi fWhhegk_Wi Z[ =kWoWgk_b i[ WY[hYWhed W Y[# b[XhWh" [d kdW [kYWh_ij‡W cWi_lW" bW c_iW eĂ’Y_WZW feh cedi[‹eh 7djed_e 7hh[]k_" [d [b [ijWZ_e Cedkc[djWb Z[ 8WhY[bedW$ :[iZ[ bWi '&0&&" bW \[ YWjÂŒb_YW ]kWoWgk_b[‹W i[ ^_pe fh[i[dj[ fWhW h[dZ_hb[ jh_Xkje Wb fedj‡ÒY[ X[Wj_Ă’YWZe$ 7i_ij_ÂŒ [b WbYWbZ[ @W_c[ D[Xej" [d YecfW‹‡W Z[ ejhei c_[cXhei ckd_Y_fWb[i$ ;b f‘Xb_Ye" WZ[c|i" ^_pe l_#
+Ŋ !4 ".1Ŋ2#Ŋ 24,¢Ŋ Ŋ+ Ŋ'(23¢1(! Ŋ $#!' ĔŊ!.-Ŋ,(2 2Ŋ #-Ŋ"(23(-3.2Ŋ/4-Ĺ 3.2Ŋ"#+Ŋ/ ~2ē
ēŊ Ŋ,(2 Ŋ!#+# 1 " Ŋ/.1Ŋ ,.-2# .1Ŋ 11#%4(ĔŊ!.-%1#%¢Ŋ Ŋ,(+#2Ŋ +Ŋ .-4,#-3 +ē
]_b_W Z[iZ[ bWi (&0&& Z[b i|XW# Ze" [d bW YWj[ZhWb Z[ =kWoWgk_b" c_[djhWi i[ ZWXW _d_Y_e W bei WY# jei Z[ X[Wj_Ă’YWY_ÂŒd [d bW 9_kZWZ Z[b LWj_YWde$ ;d bW c_iW i[ f_Z_ÂŒ feh [b fW‡i o i[ Yedc_dÂŒ W bei Ă’[b[i W hWpe# dWh ik Z[Y_i_ÂŒd [d bW YedikbjW Z[ [ij[ - Z[ cWoe$ BW eh]Wd_pWY_ÂŒd Z_e kd jhWje [if[Y_Wb W Z_iYWfWY_jWZei o Wd# Y_Wdei" ZkhWdj[ [b WYje h[b_]_eie$ ;d bei [nj[h_eh[i Z[b [ijWZ_e" bW Feb_Y‡W o bei c_[cXhei Z[ bW 9J;" YedjhebWXWd [b jh|Ă’Ye Z[ f[hiedWi o Z[ l[^‡Ykbei$
Z[b i|XWZe" [b cedjW`[ Z[ jh[i [iY[dWh_ei j[d‡W gk[ [ijWh b_ije fWhW ^ehWi Z[ bW cW‹W# dW Z[ Wo[h$ :[iZ[ bWi '&0&& ]hkfei Z[ c‘i_YW YWjŒb_YW [cf[pWhed W [djedWh YWdjei fWhW Wd_cWh W bW ][dj[ gk[ i[ fh[fWhWXW fWhW [iYkY^Wh bW c_iW [d ^edeh Wb dk[le X[Wje Z[ bW ?]b[i_W 9WjŒb_YW$
C_b[i Z[ \[b_]h[i[i i[ Yed]h[]W# hed fWhW Y[b[XhWh bW c_iW YWcfWb ĹŠ!#1#,.-( gk[ i[ h[Wb_pÂŒ [d [b fWhgk[ BW 9W# ;d kdW fheY[i_ÂŒd bb[]ÂŒ bW heb_dW" [d [b i[Yjeh Z[ bW Æ9hkp Z[b l_h][d Z[b Gk_dY^[ ^WijW [b FWfWÇ" Wb dehj[ Z[ bW YWf_jWb" [d [b bk]Wh" [d [b c_ice WkjecÂŒl_b c_ice bk]Wh ZedZ[ @kWd FWXbe ?? gk[ kj_b_pÂŒ @kWd FWXbe ?? [d i[ Z_h_]_ÂŒ W bei [YkWjeh_W# ik l_i_jW Wb ;YkWZeh$ BW _cW][d \k[ YebeYWZW [d dei [d '/.+$ ĹŠ [b fWhj[ ikf[h_eh Z[h[# ;d [ijW eYWi_ÂŒd bW Y‘fk# bW Z[ bW ?]b[i_W 9WjÂŒb_YW i[ Y^W [d kdW jWh_cW [i# h[kd_ÂŒ fWhW \[ij[`Wh bW X[W# +ŊĉĒŊ"#ĹŠ#-#1.ĹŠ"#ĹŠ ÄˆÄ’Ä‘ÄŽĹŠ 4 -ĹŠ +.ĹŠ f[Y_Wb gk[ fh[fWhWhed$ BW ^ec_b‡W \k[ fh[# j_Ă’YWY_ÂŒd Z[b Fedj‡ÒY[ [d ĔŊ++#%¢Ŋ +ĹŠ #1.Äą kdW c_iW" W bW gk[ Wi_ij_ÂŒ /4#13.ĹŠ"#ĹŠ+ ĹŠ!(4Äą i_Z_ZW feh [b WhpeX_ife " "ĹŠ"#ĹŠ 4(3.ēŊ ][dj[ Z[ jeZWi bWi [ZWZ[i" #1, -#!(¢Ŋ#-ĹŠ Z[ Gk_je Cedi[‹eh !4 ".1ĹŠ/.1ĹŠ!4 Äą WZ[c|i Z[ Wbkcdei Z[ [i# 31.ĹŠ"~ 2ĹŠ8ĹŠ5(2(3¢Ŋ <Wkije Jh|l[p o lWh_ei eX_ifei Wkn_b_Wh[i$ 7d# Yk[bWi o Yeb[]_ei h[b_]_eiei + 2ĹŠ!(4" "#2ĹŠ"#ĹŠ 4(3.ĔŊ Z[ bW h[]_ÂŒd$ j[i Z[ _d_Y_Wh bW Y[b[XhW# 4 8 04(+ĔŊ Bei fh[fWhWj_lei fWhW [b 3 !4-% ĹŠ8ĹŠ Y_ÂŒd h[b_]_eiW" Jh|l[p 4#-! Ä“ [l[dje [cf[pWhed bW jWhZ[ X[dZ_`e bW [ijWjkW Z[ @kWd FWXbe ?? gk[ \k[ Yedijhk_ZW fWhW [ijW eYWi_ÂŒd o gk[ c_Z[ Wfhen_cWZWc[d# j[ * c[jhei Z[ WbjkhW$ #%41(" "ĹŠ
C_[cXhei Z[ bWi <k[hpWi 7h# cWZWi o Z[ bW Feb_Y‡W DWY_e# dWb" Wb _]kWb gk[ YWZ[j[i Z[ bW ;iYk[bW Ikf[h_eh C_b_jWh ;beo o Feb_Y‡Wi C[jhefeb_jWdei fh[ijWXWd i[]kh_ZWZ fWhW bei Wi_ij[dj[i$ JWcX_ƒd [ijWXWd h[fh[i[djWdj[i Z[b 9k[hfe Z[ 8ecX[hei Z[ Gk_je o 9hkp He`W ;YkWjeh_WdW$ #-3 2
BWi l[djWi WcXkbWdj[i de \Wb# jWhed" gk_[d[i [if[hWXWd feh bW Y[b[XhWY_Œd" feZ‡Wd Z[]ki#
ēŊ -ĹŠ%(% -3#2!.ĹŠ .-3~ă!#ĹŠ #2345.ĹŠ/1#2#-3#ĹŠ#-ĹŠ+ ĹŠ,(2 ĹŠ! ,/ +Ä“
jWh Z[ kdW ]hWd lWh_[ZWZ Z[ Wf[# h_j_lei$ Bei h[Yk[hZei jWcX_ƒd \k[hed fWhj[ Z[ bWi l[djWi" Z[iZ[ \eje]hW\‡Wi" [iYWfkbWh_ei o ^WijW YWc_i[jWi Z[ @kWd FWXbe ??$ 31 2ĹŠ!(4" "#2
7b _]kWb gk[ [d Gk_je" Y_kZW# Z[i Yece 9k[dYW" =kWoWgk_b" CWY^WbW" ?XWhhW" 7cXWje" Feh# jel_[`e" =kWhWdZW" H_eXWcXW" ;ic[hWbZWi" CWdjW o PWcehW Y[b[XhWhed c_iWi [d bWi h[if[Y# j_lWi YWj[ZhWb[i$
62&,('$' (&8$725,$1$ '( $1(67(6,2/2*,$ 6($ &2192&$725,$ $ &(57,),&$&,Ă?1 'H DFXHUGR DO $UWtFXOR ƒ &DStWXOR 9 7tWXOR , GH ORV 5HJODPHQWRV GH &HUWLĂ€FDFLyQ \ 5HFHUWLĂ€FDFLyQ HQ $QHVWHVLRORJtD ´6($Âľ FRQYRFD D ORV $QHVWHVLyORJRV GHO SDtV D OD &HUWLĂ€FDFLyQ FRUUHVSRQGLHQWH DO DxR )HFKD Pi[LPD GH LQVFULSFLyQ \ HQWUHJD GH FDUSHWDV GH PD\R GHO ([DPHQ ViEDGR GH PD\R GHO &RVWR GH OD LQVFULSFLyQ SDUD VRFLRV \ SDUD QR VRFLRV ,QIRUPDFLyQ H LQVFULSFLRQHV 6RFLHGDG GH $QHVWHVLRORJtD GH 3LFKLQFKD &DOOH /XLV &RUGHUR ( \ $Y GH 'LFLHPEUH (G &DQRSXV 3OD]D 3% 2I 7HOHID[ ZZZ VDS FRP HF VDSLFKLQFKDFS#JPDLO FRP VDSLFKLQFKD #DQGLQDQHW QHW 6RFLHGDG GH $QHVWHVLRORJtD GHO *XD\DV 3UHVLGHQFLD FHO 8UGHVD &HQWUDO 'iWLOHV \ 9tFWRU (PLOLR (V WUDGD 3 %DMD H PDLO VRFLHGDGDQHVWHVLRORJLDJXD\DV#KRWPDLO FRP 'UD 'DOLD &HGHxR &RPLVLyQ 1DFLRQDO 35(6,'(17$ 6($ &HUWLĂ€FDFLyQ
'UD 0DUtD /RJURxR 6(&5(7$5,$ 6($ $5 FF
'#()Ĺ‹ &Ĺ‹ /.),#. ,#-')
ƒ
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ć
+ĹŠ 1#2("#-3#ĹŠ/4#"#ĹŠ% - 1ĹŠ+ ĹŠ!.-24+3 ĔŊ /#1.ĹŠ#2ĹŠ+ ĹŠ!.-2.+(" !(¢-ĹŠ"#ĹŠ24ĹŠ/."#1ĹŠ ! 4"(++(23 ĔŊ"(!#ĹŠ ēŊ 731 !3.2Ä“ Feh i[njW l[p [d Y_dYe W‹ei" [b fhÂŒn_ce - Z[ cWoe" ;YkWZeh lk[bl[ W bWi khdWi$ O kdW l[p c|i" Z[iZ[ gk[ bb[]ÂŒ Wb feZ[h" [d (&&," [b fh[i_Z[dj[ HW\W[b 9ehh[W j_[d[ jeZWi bWi Z[ ]WdWh$ F[he [d [ijW eYWi_ÂŒd" W ik _pgk_[hZW o W ik Z[# h[Y^W" [d bei c[Z_ei" [d bW hWcW `kZ_Y_Wb o [djh[ bei _dZ‡][dWi" [ij| fbWdjWdZe bW i[c_bbW Z[ kdW efe# i_Y_ÂŒd gk[ fk[Z[ Z[i[ijWX_b_pWh ik cWdZWje WhhebbWZeh$ ;ijW i[cWdW" Y[hYW Z[ '& c_bbed[i Z[ [YkWjeh_Wdei lWd W Yedj[ijWh '& fh[]kdjWi Z[ kd h[\[h[dZe _cfkbiWZe feh [b FW# bWY_e Z[ 9WhedZ[b[j$ BW c_jWZ Z[ bei fkdjei ied YedikbjWi ieXh[ bW fhe^_X_Y_ÂŒd Z[ bei jehei o bWi f[b[Wi Z[ ]Wbbei" Z[ bei `k[]ei Z[ WpWh" YedjhW bW YehhkfY_ÂŒd e fWhW h[\ehpWh bW fhej[YY_ÂŒd bWXe# hWb$ I_d [cXWh]e" bei j[ceh[i Z[ ckY^ei dWY[d Z[ bWi fh[]kdjWi gk[ fbWdj[Wd fhe\kdZWi h[\eh# cWi Yedij_jkY_edWb[i W Zei fe# Z[h[i YbWl[i fWhW bW Z[ceYhWY_W0 bW fh[diW o bW `kij_Y_W$ Æ;b Z[i[e Z[b =eX_[hde [i gk[ [b ;`[Ykj_le Yedjheb[ bW `kij_Y_W o jWcX_ƒd bei c[Z_ei$ O be f[eh [i gk[ [d [ij[ cec[dje bei [YkWje# h_Wdei de i[ fk[Z[d W\[hhWh fh|Y# j_YWc[dj[ W d_d]kdW ]WhWdj‡W$ ;b h[\[h[dZe [ij| [d cWhY^W o de be fWhW dWZ_[Ç" Z_`e I_cÂŒd FWY^Wde" WdWb_ijW Z[ bW <WYkbjWZ BWj_deW# c[h_YWdW Z[ 9_[dY_Wi IeY_Wb[i o Yebkcd_ijW Z[b Z_Wh_e ;b Kd_l[hie Z[ =kWoWgk_b$ >WijW W^ehW" ^|X_bc[dj[" 9ehh[W be]hÂŒ gk[ [b Z[XWj[ de i[ Y[djh[ [d [b Yedj[d_Ze Z[ bW YedikbjW" i_de [d h[\h[dZWh ik cWdZWje$ :[ [i[ ceZe" i[]‘d kdW [dYk[ijW Z[ =Wbbkf" .* Z[ bei lejWdj[i de YedeY[d bWi fh[]kdjWi feh bWi gk[ lWd W lejWh" f[he Zei j[hY[hWi fWh# j[i Z_Y[d gk[ lWd W cWhYWh I‡ [d YWZW kde Z[ bei fkdjei gk[ fbWdj[W [b h[\[h[dZe" be gk[ i[
.-Ŋ+.2Ŋ,#"(.2 ŗŊŊ +Ŋ.31.Ŋ 1 9.Ŋ1#$.1, ".1Ŋ"#Ŋ .11# ĔŊ#+Ŋ04#Ŋ/1.,#3#Ŋ,#3#1+#2Ŋ
, -.ĹŠ ĹŠ+.2ĹŠ,#"(.2ĔŊ-.ĹŠ/1."4!#ĹŠ ,#-.2ĹŠ,(#".ēŊ 1./.-#ĔŊ/.1ĹŠ4-ĹŠ+ ".ĔŊ /1.'( (1ĹŠ04#ĹŠ+.2ĹŠ"4# .2ĔŊ"(1#!3.1#2ĹŠ 8ĹŠ !!(.-(23 2ĹŠ"#ĹŠ#23.2ĹŠ3#-% -ĹŠ-#%.Äą !(.2ĹŠ#-ĹŠ.31.2ĹŠ2#!3.1#2ĹŠ#!.-¢,(!.2ēŊ , (_-ĹŠ/+ -3# ĹŠ!1# 1ĹŠ4-ĹŠ .-2#).ĹŠ "#ĹŠ #%4+ !(¢-ĔŊ04#ĹŠ!.-31.+#ĹŠ+.2ĹŠ !.-3#-(".2ĹŠÄĄ5(.+#-3.2ĔŊ2#74 +#2ĹŠ.ĹŠ "(2!1(,(- 3.1(.2ĢŊ#-ĹŠ+ ĹŠ/1#-2 ĔŊ+ ĹŠ 3#+#5(2(¢-ĹŠ8ĹŠ+ ĹŠ1 "(.Ä“ +ĹŠ + -!#ĹŠ"#ĹŠ+ ĹŠ1#+ !(¢-ĹŠ"#ĹŠ .11# ĹŠ8ĹŠ +.2ĹŠ,#"(.2ĹŠ-.ĹŠ#2ĹŠ#+ĹŠ,#).1ēŊ .2ĹŠ !42¢Ŋ "#ĹŠ2#1ĹŠÄĄ242ĹŠ, 8.1#2ĹŠ#-#,(%.2ĢĔŊ "#, -"¢Ŋ/.1ĹŠÄˆÄ‡ĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ ĹŠ".2ĹŠ/#1(."(23 2ĹŠ04#ĹŠ#2!1( (#1.-ĹŠÄĽ +ĹŠ %1 -ĹŠ'#1, -.ČĔŊ#-ĹŠ#+ĹŠ04#ĹŠ"#-4-!( -ĹŠ +.2ĹŠ!.-31 3.2ĹŠ"#ĹŠ24ĹŠ'#1, -.ĹŠ 1(!(.ĹŠ !.-ĹŠ#+ĹŠ . (#1-.ĔŊ- !(.- +(9¢Ŋ#+ĹŠ!.-Äą %+.,#1 ".ĹŠ"#ĹŠ,#"(.2ĹŠ"#+ĹŠ%14/.ĹŠ 2 ~ 2ĹŠ ĸ31#2ĹŠ! - +#2ĹŠ"#ĹŠ3#+#5(2(¢-ĔŊ#"(3.1( +#2ĔŊ ! "#- 2ĹŠ"#ĹŠ1 "(.ĹŠ8ĹŠ1#5(23 2ĚĔŊ2 -!(.-¢Ŋ +ĹŠ! - +ĹŠ #+# , 9.- 2ĹŠ/.1ĹŠ/4 +(! 1ĹŠ 4-ĹŠ 4"(.ĹŠ"#ĹŠ4- ĹŠ%1 !(¢-ĹŠ(+#% +ĹŠ#-ĹŠ 24ĹŠ"#2/ !'.ĹŠ8ĔŊ#-ĹŠ+ ĹŠ,#"(" ĹŠ,;2ĹŠ/(-Äą 3.1#2! ĔŊ. +(%¢Ŋ ĹŠ04#ĹŠ .2ĹŠ (,/2.-ĹŠ-.ĹŠ 2#ĹŠ/4#" -ĹŠ31 -2,(3(1ĹŠ#-31#ĹŠ2#(2ĹŠ"#ĹŠ+ ĹŠ ,  - ĹŠ8ĹŠ-4#5#ĹŠ"#ĹŠ+ ĹŠ-.!'#ēŊĥ 4 -".ĹŠ ÄĽ .2ĹŠ (,/.-ÄŚĹŠ2#ĹŠ54#+5#-ĹŠ24 5#12(5.2ĹŠ #2ĹŠ04#ĹŠ +%.ĹŠ -" ĹŠ, +ĹŠ#-ĹŠ#+ĹŠ$.-".ēŊ -ĹŠ !.-2#).ĹŠ"#ĹŠ1#%4+ !(¢-ĹŠ04#ĹŠ3#-"1~ ĹŠ , 8.1~ ĹŠ"#+ĹŠ )#!43(5.ĹŠ /4-3 1;ĹŠ2. 1#ĹŠ 3.".ĹŠ ĹŠ!.-31.+ 1ĹŠ+ ĹŠ./(-(¢-ĢĔŊ/(#-2 ĹŠĹŠ#+ĹŠ - +(23 ĹŠ (,¢-ĹŠ !' -.Ä“
[dj_[dZ[ Yece gk[ [ij|d Z_i# fk[ijei W [djh[]Whb[ kd Y^[gk[ [d XbWdYe Wb CWdZWjWh_e$ 4_ĹŠ2#ĹŠ)4#%
9WZW l[p gk[ j_[d[ bW efehjkd_ZWZ" Wb l_i_jWh eXhWi f‘Xb_YWi [d YkWb# gk_[h bk]Wh" 9ehh[W b[i h[Yk[hZW W bei [YkWjeh_Wdei gk[ bWi h[\ehcWi ied [i[dY_Wb[i fWhW WYWXWh Yed bei cWb[i [dZƒc_Yei Z[b fW‡i0 Yehhkf# Y_Œd" _di[]kh_ZWZ" _d`kij_Y_W$ Feh [ie fbWdj[W h[\ehcWh fhe#
ēŊ -ĹŠ242ĹŠ / 1(!(.-#2ĹŠ/ĂŒ +(! 2ĹŠ!.,.ĹŠ/1#2("#-3#ĔŊ $ #+ĹŠ .11# ĹŠ' ĹŠ'#!'.ĹŠ! ,/  Ŋ ĹŠ$ 5.1ĹŠ"#+ĹŠ ~
\kdZWc[dj[ bW `kij_Y_W" gk[" i[# ]‘d ƒb" [i Ækd Z[iWijh[Ç o W bW gk[ [i d[Y[iWh_e Æc[j[hb[ bW cWdeÇ$ FWhW be]hWhbe" gk_[h[ Yh[Wh kdW Yec_i_ÂŒd jƒYd_YW" gk[ lW W h[[c# fbWpWh feh '. c[i[i Wb 9edi[`e Z[ bW @kZ_YWjkhW" [b ÂŒh]Wde gk[ WZc_d_ijhW bW hWcW `kZ_Y_Wb o gk[ decXhW W bei cW]_ijhWZei Z[ bWi c|i WbjWi Yehj[i$ ;b ]hWd fheXb[cW [i bW Yecfei_# Y_ÂŒd Z[ [ij[ ikf[hYec_jƒ h[\ehcW# Zeh0 j_[d[ kd Z[b[]WZe Z[b FWbWY_e Z[ 9WhedZ[b[j" ejhe Z[ bW 7iWcXb[W DWY_edWb #Zec_dWZW feh 9ehh[W# o ejhe Z[ bW <kdY_ÂŒd Z[ JhWdifWh[d# Y_W o 9edjheb IeY_Wb" kdW c[]WYed# jhWbeh‡W Y_l_b" gk[ jWcX_ƒd [ij| XW`e bW XejW Z[b Fh[i_Z[dj[$ De [i gk[ bWi h[\ehcWi de i[Wd d[Y[iWh_Wi$ LWh_ei WdWb_ijWi Yed# ikbjWZei WĂ’hcWhed gk[ bW `kij_Y_W d[Y[i_jW YWcX_ei$ BWi ]hWdZ[i Y_kZWZ[i Z[ ;YkWZeh i[ [d\h[d# jWd W \[dÂŒc[dei dk[lei" Yece i_YWh_ei" i[Yk[ijhei" fWdZ_bb[hei o [iY|dZWbei Z[ ieXehdei W `k[Y[i" gk[ ^Wd iWbf_YWZe bei j_jkbWh[i$ I_d [cXWh]e" i[Yjeh[i Z[ bW YbW# i[ feb‡j_YW" Z[ bei `kh_ijWi o Z[ bei
, (+/#&)ŋ-#'/& ,)ŋ & .), &ŋ (ŋ / 3 Ŋ ěŊ ;b 9edi[`e DWY_e#
dWb ;b[YjehWb 9D; " Z[b[]WY_ÂŒd =kWoWi" Ykcfb_ÂŒ kd i_ckbWYhe Yecfb[je Z[b fheY[ie Z[ jhWdi# c_i_ÂŒd Z[ ZWjei gk[ i[ [cfb[W# h| fWhW bW YedikbjW fefkbWh Z[b fhÂŒn_ce - Z[ cWoe$ :khWdj[ bW jWhZ[ o deY^[ Z[b i|XWZe" de ^kXe fheXb[cWi Yed bW jhWdic_i_ÂŒd [ _d]h[ie Z[ bei ZWjei o i[ YecfheXÂŒ [b j_[cfe fWhW bW jhWdifehjWY_ÂŒd Z[ bWi WYjWi Z[ bWi `kdjWi h[Y[fjehWi Z[b leje ^WijW bWi `kdjWi _dj[hc[Z_Wi$ Æ9edĂ’Wcei [d gk[ [b fheY[ie de j[dZh| fheXb[cWi$ De ^[cei
h[Y_X_Ze Z[dkdY_W Z[ _hh[]kbWh_# ZWZ[i fehgk[ bW ][dj[ de bWi ^W fh[i[djWZe \ehcWbc[dj[$ ;ij[ ie\jmWh[ gk[ [cfb[Wcei [i dk[# le1 [b Wdj[h_eh j[d‡W '& W‹ei o oW [ijWXW j[hc_dWdZe ik l_ZW ‘j_bÇ" i[‹WbÂŒ EcWh I_ced" fh[i_Z[dj[ Z[b 9D;$ ;b fheY[ie i[ h[Wb_pÂŒ [d [b 9kWhj[b Z[ <ehcWY_ÂŒd Z[ EĂ’# Y_Wb[i Z[ bW 9J=" [d =kWoWgk_b" WZ[c|i [d bW :_h[YY_ÂŒd Fhel_d# Y_Wb Z[b 9D;$ :khWdj[ [b fheY[# ie \kdY_edWh|d [d =kWoWi - `kd# jWi _dj[hc[Z_Wi" + [d =kWoWgk_b" kdW [d 8WbpWh o ejhW [d C_bW]he$
23 ĹŠ5#9ĹŠ-. Ĺ—ĹŠĹŠ ĹŠ! ,/  Ŋ/.1ĹŠ#+ĹŠ .ĔŊ04#ĹŠ#,/(#9 ĹŠ3 1"#ĹŠ8ĹŠ2(-ĹŠ4-ĹŠ+("#1 9%.ĹŠ!+ 1.ĔŊ ĂŒ-ĹŠ#23;ĹŠ ĹŠ3(#,/.ĹŠ"#ĹŠ% - 1ĹŠ+ ĹŠ 3 ++ ēŊ 2ĹŠĂŒ+3(, 2ĹŠ#-!4#23 2ĹŠ(-"(! -ĹŠ04#ĹŠ! " ĹŠ5#9ĹŠ,;2ĹŠ
#!4 3.1( -.2ĹŠ1#!' 9 -ĹŠ#+ĹŠ1#$#1#-".Ä“ + #13.ĹŠ !.23 ĔŊ#7/1#2("#-3#ĹŠ"#ĹŠ+ ĹŠ 2 , +# ĹŠ .-23(348#-3#ĹŠ"#ŊĉććđŊ8ĹŠ4-.ĹŠ"#ĹŠ +.2ĹŠ/.+~3(!.2ĹŠ"#ĹŠ(904(#1" ĹŠ,;2ĹŠ/./4+ 1#2ĹŠ"#ĹŠ !4 ".1ĔŊ+#ĹŠ"(.ĹŠ+ ĹŠ#2/ +" ĹŠ ĹŠ24ĹŠ -3(%4.ĹŠ +( ".ēŊĥ .11# ĹŠ ă1,¢Ŋ04#ĹŠ+ ĹŠ .-23(34!(¢-ĹŠ"#ŊĉććđŊ#1 ĹŠ4-ĹŠ! -3.ĹŠ ĹŠ+ ĹŠ5(" ĔŊ04#ĹŠ( ĹŠ ĹŠ"41 1ŊĊććŊ  .2ĔŊ/#1.ĹŠ '.1 ĹŠ+#ĹŠ04(#1#ĹŠ,#3#1ĹŠ, -.ĹŠ ĹŠ+ ĹŠ)423(!( ĹŠ2(-ĹŠ1#2/#3 1ĹŠ+.ĹŠ04#ĹŠ 2#ĹŠ5.3¢Ŋ '~ĢĔŊ"().ēŊ 1##ĹŠ04#ĹŠ#+ĹŠ/1#2("#-3#ĹŠ2#ĹŠ04(#1#ĹŠ/1.3#%#1ĹŠ"#ĹŠ5 1(.2ĹŠ#2!;-" +.2ĹŠ "#ĹŠ!.114/!(¢-ĹŠ04#ĹŠ' -ĹŠ#23 ++ ".ĹŠ#-ĹŠ24ĹŠ!~1!4+.ĹŠ!#1! -.ĹŠ#-ĹŠ+.2ĹŠĂŒ+3(,.2ĹŠ,#2#2Ä“
.ĹŠ !.,/  Ŋ 423 5.ĹŠ 11# ĔŊ,(-(231.ĹŠ"#ĹŠ . (#1-.ĹŠ8ĹŠ"#ĹŠ #%41(" "ĹŠ' 23 ŊĉććĒŊ 8ĹŠ04(#-ĹŠ$4#ĹŠ4-.ĹŠ"#ĹŠ+.2ĹŠ +4 13#2ĹŠ"#ĹŠ+ ĹŠ/.+~3(! ĹŠ"#ĹŠ .11# ēŊ ĹŠ '.1 ĹŠ+ ĹŠ/."#1.2 ĹŠ .-$#"#1 !(¢-ĹŠ"#ĹŠ !(.- +(" "#2ĹŠ -"~%#- 2ĹŠ"#+ĹŠ !4 ".1Ŋĸ .- (#ĚĔŊ04#ĹŠ#-ĹŠ+.2ĹŠ ĂŒ+3(,.2ĹŠÄˆÄŽĹŠ  .2ĹŠ 84"¢Ŋ ĹŠ34, 1ĹŠ2#(2ĹŠ/1#2("#-3#2ĹŠ8ĹŠ#2ĹŠ4-ĹŠ !3.1ĹŠ"#3#1,(- -3#ĹŠ/ 1 ĹŠ + ĹŠ#23 (+(" "ĹŠ"#+ĹŠ/."#1ĔŊ#2ĹŠ!1~3(! ĹŠ"#ĹŠ .11# Ä“ -!+42.ĹŠ 1(!(.ĹŠ .11# ĔŊ#+ĹŠ'#1, -.ĹŠ, 8.1ĹŠ"#+ĹŠ 1#2("#-3#ĔŊ"(!#ĹŠ04#ĹŠ-.ĹŠ+.ĹŠ5 ĹŠ ĹŠ /.8 1ēŊ ă1,¢Ŋ04#ĹŠÄĄ+ ĹŠ!.-24+3 ĹŠ#2ĹŠ4-ĹŠ#11.1ĹŠ/.+~3(!.ēŊ +ĹŠ3.3 +(3 1(2,.ĹŠ 2.+43.ĹŠ-.ĹŠ #2ĹŠ 4#-.ĹŠ/ 1 ĹŠ-(-%ĂŒ-ĹŠ/ ~2ĔŊ,#-.2ĹŠ !4 ".1ēŊ +ĹŠĹŠ .ÄŚ04#ĹŠ/1.,.!(.-.ĹŠ#2ĹŠ4-ĹŠ .ĹŠ"#ĹŠ ! 1( .ĔŊ/ 1 ĹŠ04#ĹŠ,(ĹŠ'#1, -.ĹŠ1# !!(.-#ēŊ .1ĹŠ#2.ĹŠ+#ĹŠ"(%.Ä–ĹŠÄĽÂ&#x;  .ĔŊ#23 ĹŠ5#9ĹŠ-.ČĢē .1ĹŠ+.ĹŠ/1.-3.ĔŊ- " ĹŠ(-"(! ĹŠ04#ĹŠ#2 2ĹŠ5.!#2ĹŠ./.2(3.1 2ĹŠ3#-% -ĹŠ_7(3.ĹŠ#-ĹŠ#5(3 1ĹŠ04#ĹŠ .11# ĹŠ24,#1) ĹŠ ĂŒ-ĹŠ,;2ĹŠ ĹŠ24ĹŠ/ ~2ĹŠ#-ĹŠ#+ĹŠ/#+(%1.2.ĹŠ (2,.ĹŠ"#+ĹŠ 43.1(3 1(2,.ēŊ
WdWb_ijWi j[c[d gk[ bW [nY[i_lW YedY[djhWY_ÂŒd Z[ bei feZ[h[i b[ WXhW bW fk[hjW W 9ehh[W fWhW Z_i[# ‹Wh kdW `kij_Y_W W ik c[Z_ZW$ FW# Y^Wde f_[diW gk[ ÆbW feb_j_pWY_ÂŒd Z[ bW `kij_Y_W o bW `kZ_Y_Wb_pWY_ÂŒd
Z[ bW feb‡j_YW ied YWhWYj[h‡ij_YWi fhef_Wi Z[b ;YkWZeh$ ;b Fh[i_Z[d# j[ feZh| YedjhebWh [b 9edi[`e Z[ bW @kZ_YWjkhW fhel_i_edWb" gk[ j[d# Zh| feZ[h WXiebkje [d bW \kdY_ÂŒd `kZ_Y_Wb$ >Wo f[b_]heÇ$
.# ( (ŋ ŋ'#&#. ,ŋ*),ŋ .,6ð )ŋ ŋ'/(# #)( -
ēŊ 4 .Ŋ-.1, +(" "Ŋ3.3 +Ŋ 8#1Ŋ#-Ŋ 4 8 04(+Ŋ8Ŋ.31 2Ŋ!(4" "#2ē
Kd c_b_jWh [YkWjeh_Wde \k[ Z[j[d_Ze feh fh[ikdje jh|Ă’Ye Z[ ckd_Y_ed[i [d kdW ef[hW# Y_ÂŒd [d bW gk[ \k[hed _dYWk# jWZei )$',& YWhjkY^ei fWhW \ki_b" _d\ehcÂŒ [b ;`ƒhY_je$ ;b iWh][dje HW\W[b JpWcW# h[dZW \k[ Whh[ijWZe feh [\[Y# j_lei Z[ bW Feb_Y‡W @kZ_Y_Wb" bk[]e Z[ gk[ Zei ^ecXh[i W gk_[d[i b[i \k[ YedĂ’iYWZe [b YWh]Wc[dje be i[‹WbWhWd Yece ik fhel[[Zeh" i[]‘d kd Yeckd_YWZe$ BW ef[hWY_ÂŒd i[ Z[iWhhebbÂŒ [d kdW YWhh[j[hW Z[ bW fhel_d# Y_W WcWpÂŒd_YW Z[ Eh[bbWdW"
YkWdZe JpWcWh[dZW i[ Z[ifbW# pWXW [d kd l[^‡Ykbe fWhj_YkbWh [d [b gk[ \k[hed [dYedjhWZei kd WhcW Z[ \k[]e" i[_i fheo[Yj_b[i o fh[dZWi c_b_jWh[i$ ;b ;`ƒhY_je _dZ_YÂŒ gk[ bei )$',& YWhjkY^ei ied Z[ YWb_Xh[ +"+, cc o gk[ kd `k[p Z[ ]WhWd# j‡Wi Z_ifkie [b _d]h[ie W fh_i_ÂŒd Z[ bei jh[i Z[j[d_Zei$ 7i_c_ice" i[‹WbÂŒ gk[ _dl[i# j_]W i_ [b cWj[h_Wb f[hj[d[Y[ W bW 9kWhjW :_l_i_ÂŒd 7cWpedWi o i_ f[hiedWb Z[ [iW kd_ZWZ [ij| _d# lebkYhWZe [d bW l[djW e jh|Ă’Ye Z[ WhcWi o [gk_fe W bei ]hkfei Z[b_dYk[dY_Wb[i$
ć
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. ÄŒĹ?
1(2(2ĹŠ"#ĹŠ"#4" ĹŠ8ĹŠ'.+.! 423.
4#5.Ŋ !4#1".Ŋ"#Ŋ 5( !(¢-Ŋ!(5(+
&ŋ(/ 0)ŋ / , )ŋ-) , ŋ 0# #š(ŋ #0#&ŋ (., ŋ& ŋ (#š(ŋ /,)* ŋ3ŋ -. )-ŋ (# )-ąŋ+/ ŋ* ,'#.#,6ŋ-#'*&#ð ,ŋ&)-ŋ, )() #'# (.)-ŋ ŋ ,.#ð )-ŋ (., ŋ '*, - -ŋ ŋ/()ŋ3ŋ).,)ŋ& )ŋ &ŋ .&6(.# )ąŋ (.,šŋ (ŋ0#!),ŋ 3 ,Ąŋ
ĈĈÄ?ĹŠĹŠ
^ ĹŠ "#23(-¢Ŋ#+ĹŠ -!.ĹŠ !(.- +ĹŠ"#ĹŠ .,#-3.ĹŠ +ĹŠ2#!Äą 3.1ĹŠ - -#1.ĹŠ "41 -3#ĹŠ#+ĹŠ 2#%4-".ĹŠ2#,#2Äą 31#ĹŠ"#+ĹŠÄ‰Ä‡ÄˆÄ‡
ĹŠ!.-%1#2(23 ĹŠ1#/4 +(! - ĹŠ (!'#+#ĹŠ !', --ĔŊ4- ĹŠ"#ĹŠ+ 2ĹŠ+~"#1#2ĹŠ"#+ĹŠ,.5(Äą ,(#-3.ĹŠÄĄ # ĹŠ 138ĢĔŊ1#!411(¢Ŋ 8#1ĹŠĹŠ +ĹŠ .+.! 423.ĹŠ/ 1 ĹŠ"#2!1( (1ĹŠ+ ĹŠ! 1% ĹŠ04#ĹŠ !1##ĹŠ04#ĹŠ/#2 1;ĹŠ2. 1#ĹŠ+ ĹŠ)45#-34"ĹŠ"#ĹŠ Ä“ ēŊ2(ĹŠ-.ĹŠ2#ĹŠ !3ĂŒ ĹŠ/ 1 ĹŠ1#"4!(1ĹŠ+ ĹŠ "#4" ĹŠ/ĂŒ +(! Ä“
ŋ, /* , ŋ& *,) / #š(ŋ ŋ ( ()ŋ
.1ĹŠ#+ĹŠ,.,#-3.ĹŠ+ 2ĹŠ!.-"(!(.-#2ĹŠ !+(,;3(! 2ĹŠ#-ĹŠ+ 2ĹŠ9.- 2ĹŠ"#ĹŠ!4+3(5.ĹŠ2.-ĹŠ Ä?Ä‰Ä“ÄŽĹ˜ĹŠ ,48ĹŠ$ 5.1 +#2ēŊ ĹŠ ĹŠ+.2ĹŠÄ?ĉŊ/1_23 Äą ,.2ĹŠ#-31#% ".2ĹŠ #-ĹŠ#+ĹŠ,(2,.ĹŠ /#1~.".ĹŠ"#ĹŠ ĉććĒēŊŊ
ēŊ +Ŋ/1.,#"(.Ŋ"#Ŋ/1."4!!(¢-Ŋ,#-24 +Ŋ#-Ŋ#23#Ŋ  .Ŋ .1"# Ŋ+.2ŊĉĎĔĉŊ ,(++.-#2Ŋ"#Ŋ! ) 2ēŊ
Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& - d^
C8K8:LE>8
<JD<I8C;8J HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% (*0 [\ cX :kX% :k\% Ef% *+//0,'-'+ g\ik\e\Z`\ek\ X ?<IE8E;<Q J8E:?<Q# 9PIFE$CL@J [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& ( d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% ))( Xc ),' [\ cX :kX% :k\% Ef% **,,*)'-'+ g\ik\e\$ Z`\ek\ X M<C8J:F FIK@Q# AF==I<$>89I@<C [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& ) d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% )(/( Xc ))/' [\ cX :kX% :k\% Ef% *)-+/*(,'+ g\ik\e\Z`\ek\ X >8I:@8 D8I:@CCF#CL@J$<;L8I;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& * d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% /)/ [\ cX :kX% :k\% Ef% *+-()'-''+ g\ik\$ e\Z`\ek\ X K8J@E:?8E8 D<E;FQ8#G8LCF$:<J8I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& + d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% //' [\ cX :kX% :k\% Ef% *+-()'-''+ g\ik\$ e\Z`\ek\ X K8J@E:?8E8 D<E;FQ8#G8LCF$:<J8I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& , d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% ),( mXcfi ('' [\ cX :kX% :k\% Ef% *+-'0+/.'+ g\ik\e\Z`\ek\ X :8A8D8I$ :8 K8G@8#N@CC@8D$<;L8I$ ;F [\c 9XeZf G`Z_`eZ_X%
HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% ).-( [\ cX :kX% :k\% Ef% *).-(0+.'+ g\ik\e\Z`\ek\ X 8C98E >8I:@8# <CJ8$AL$ ;@K? [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& . d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% ((), mXcfi ,**/#++ [\ cX :kX% :k\% Ef% *(+')+0*'+ g\ik\e\Z`\ek\ X :FFG<I8$ K@M8 8?%P :I<;%;<C ?FJG% ><E<I8C [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& / d^
CFJ I@FJ
HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% ('( Xc (*' [\ cX :kX% :k\% Ef% *+0'*-*('+ g\i$ k\e\Z`\ek\ X M<C8JHL<Q DFI8C<J#AFJL<$>89I@<C [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& 0 d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% 0..+ Xc 0.0' [\ cX :kX% :k\% Ef% *(/*/0*('+ g\ik\e\$ Z`\ek\ X Q<M8CCFJ G@EKF# :8ICFJ$8C9<IKF [\c 9Xe$ Zf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfj$ k\i`fi\j X cX ’ck`dX glYc`ZX$ Z`�e% 8:& (' d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% ('*, Xc ('*- [\ cX :kX% :k\% Ef% **-/-/,''+ g\ik\e\Z`\ek\ X :FIK<Q =I<@I<#D8I@8$8E><C@:8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& (( d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% *(* [\ cX :kX% :k\% Ef% *+/*'00*'+ g\ik\e\Z`\ek\ X KF8C8 K8I@I8#ALC@F$:<$ J8I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i}
i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& () d^ D8E89@ HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% -(*. mXcfi +,- [\ cX :kX% :k\% Ef% **++),0+'+ g\ik\e\Z`\ek\ X D<A@8 M@$ M8J# ;8IN@E$<EI@HL< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& (* d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% /+' Xc /-0 [\ cX :kX% :k\% Ef% *),.'/()'+ g\ik\e\$ Z`\ek\ X 8CM8I<Q G@FE:<# D8IC<E<$AF?8EE8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& (+ d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\$ hl\ Ef% ).* [\ cX :kX% :k\% Ef% *+/0(+*-'+ g\i$ k\e\Z`\ek\ X @EKI@8>F G F E : < # A F E 8K ? 8 E $8 E $ ;I<J [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& (, d^ G@:?@E:?8 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% -*- Xc -*. [\ cX :kX% :k\% Ef% **.,))*.'+ g\ik\$ e\Z`\ek\ X ALD9F D8:8J# C@C@8$D8I@8 [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& (- d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% (+' mXcfi )+,#-, [\ cX :kX% :k\% Ef% *+/-.)+.'+ g\ik\e\Z`\ek\ X G8;@CC8 :8DL<E;F#CL@J$8C=I<;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& (. d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% *') mXcfi ),' [\ cX :kX% :k\% Ef% *+**-,/0'+ g\i$ k\e\Z`\ek\ X KILA@CCF A@$ D<E<Q# ?<EIP$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif
BW fheZkYY_Œd Z[ XWdWde i[ h[Yk# f[hŒ [d Wbh[Z[Zeh Z[b ) [d be gk[ lW Z[b W‹e$ ;ije bk[]e Z[ gk[ [d [b (&'& h[]_ijhWhW kdW YW‡ZW [d Wbh[# Z[Zeh Z[b ( o ) [d h[bWY_Œd Wb (&&/$ BW fheZkYY_Œd c[dikWb WY#
[\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& (/ d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% *.)/ mXcfi ,'' [\ cX :kX% :k\% Ef% *((*'./,'+ g\ik\$ e\Z`\ek\ X :FFG% ;< KI8JG% ;< G8JA <E 9LJ<J I<@E8 ; [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& (0 d^
J8EKF ;FD@E>F
HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% *(** mXcfi ,+' [\ cX :kX% :k\% Ef% *(-('.0.'+ g\ik\e\Z`\ek\ X CFFI Q8D9I8EF#<;@CJFE$<J$ KL8I;F [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& )' d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% .+++ mXcfi ()/ [\ cX :kX% :k\% Ef% *(,)',,0'+ g\ik\$ e\Z`\ek\ X KFIF # CL@J$8C$ 9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& )( d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% ()+( Xc ().' [\ cX :kX% :k\% Ef% *(,))*0('+ g\ik\e\Z`\e$ k\ X M<C<Q :8JKIF#D8I@8$ M@:<EK8 [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& )) d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% ().( Xc (*'' [\ cX :kX% :k\% Ef% *(,))*0('+ g\ik\e\Z`\e$ k\ X M<C<Q :8JKIF#D8I@8$ M@:<EK8 [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& )* d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% )() mXcfi (', [\ cX :kX% :k\% Ef% *+.+0+'('+ g\ik\e\Z`\ek\ X :?@:8@Q8 P8 E ; L E # C @ ; @ 8$ D 8 I @ E 8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e%
8:& )+ d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% (,.- mXcfi ),' [\ cX :kX% :k\% Ef% *)-').00'+ g\i$ k\e\Z`\ek\ X J8DG<;IF KF8G8EK8#D@C;I<$A<8E$ E<KK< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& ), d^ KLE>LI8?L8 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\$ hl\ Ef% (.( [\ cX :kX% :k\% Ef% *+---//.'+ g\i$ k\e\Z`\ek\ X C8II8>8 M@K<I@#D8I>8I@K8$@E<J [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& )- d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% .,/ [\ cX :kX% :k\% Ef% *+--.)0/'+ g\ik\e\Z`\ek\ X G8C8K< KL9FE#>LJK8MF$ <D@C@8EF [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& ). d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef% ('. Xc ()0 [\ cX :kX% :k\% Ef% *+-.)-+-'+ g\ik\e\Z`\ek\ X =I<@I< M@CC<E8#;@8E8$ :8IFC@E8 [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:& )/ d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% *+*, Xc *+*- [\ cX :kX% :k\% Ef% *(+/-),,'+ g\ik\$ e\Z`\ek\ X J@E:?@>L8EF ;<=8Q#:<J8I$8;I@8E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& )0 d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef% )*00 Xc )+'' [\ cX :kX% :k\% Ef% *(,(),'''+ g\ik\$ e\Z`\ek\ X :FEJK8EK< M@$ CC8CM8# <;@EJFE$AF==I< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:& *' d^
jkWb XehZ[W bei (+"( c_bbed[i Z[ YW`Wi o [b W‹e fWiWZe bb[]Œ W bei (( c_bbed[i$$ BW ‘bj_cW [dYk[ijW Z[b i[Yjeh W]hef[YkWh_e Z[b 8WdYe 9[djhWb Z[b ;YkWZeh 89; WfkdjW gk[ bW i[gk_W [ _dkdZWY_ed[i gk[ WpejWhed W bWi pedWi fheZkY# jehWi [d (&'& f[h`kZ_YWhed bei d_l[b[i Z[ Ykbj_lei$ ;d jejWb i[ fheZk`[hed Wbh[Z[Zeh Z[ (,+ c_bbed[i Z[ YW`Wi Z[ bW \hkjW i[# ]‘d ;ZkWhZe B[Z[icW" Z_h[Yjeh [`[Ykj_le Z[ bW 7ieY_WY_Œd Z[ ;nfehjWZeh[i Z[ 8WdWde$ ;d YecfWhWY_Œd Yed bW fhe# ZkYY_Œd Z[b (&&/ (-& c_bbed[i Z[ YW`Wi " [d (&'& ^kXe kdW YW‡# ZW [d Wbh[Z[Zeh Z[ '+ c_bbed[i Z[ YW`Wi$ I[]‘d [b h[fehj[ Z[b 89;" bW fheZkYY_Œd fhec[Z_e Z[ bW \hkjW bb[]Œ W *"* c_bbed[i Z[ YW`Wi i[cWdWb[i$ Kd c_bbŒd c[dei Z[ be gk[ i[ fheZkY[ [d j[cfehWZW XW`W +$+ c_bbed[i Z[ YW`Wi $ ;b _d\ehc[ Z[b 89; WZ[c|i WfkdjŒ gk[ ejhW YWkiW Z[ bW YW‡#
ZW \k[ bW feYW Z[cWdZW Z[b fheZkYje [d [b c[hYWZe [k# hef[e Z[X_Ze W bW Yh_i_i $ ;d [b _d\ehc[ 9[Y_b_e @Wb_b" fh[i_Z[dj[ Z[ bW 7ieY_WY_ÂŒd Z[ ;nfehjWZeh[i Z[ 8WdWde 7i_iXWd[ " _dZ_YÂŒ gk[ WZ[c|i f[h`kZ_YÂŒ bW YW‡ZW Z[ bW Y[d_pW Z[b lebY|d Jkd]khW^kW$ #!4/#1 !(¢-
B[Z[icW [nfb_YÂŒ gk[ [d be gk[ lW Z[ [ij[ W‹e bW i_jkWY_ÂŒd c[# `ehÂŒ$ ÆBW fheZkYY_ÂŒd Yh[Y_ÂŒ Z[ kd fhec[Z_e Z[ (( c_bbed[i Z[ YW`Wi Wb c[i W (+ c_bbed[iÇ$ BW i[gk‡W [ _dkdZWY_ed[i WYjkWb[i de ^Wd W\[YjWZe W bei Ykbj_lei Z[ bW \hkjW feh [b ce# c[dje$ :[ W^‡ gk[ B[Z[icW WfkdjÂŒ gk[ ÆZ[ Yedj_dkWh bWi YedZ_Y_ed[i Yb_c|j_YWi \Wle# hWXb[i [d bWi pedWi Z[ i[c# Xh‡e" [ij_cWcei gk[ [b (&'' j[hc_d[ Yed kdW fheZkYY_ÂŒd i_c_bWh Wb (&&/Ç$ :[ fheZkY_hi[ YWcX_ei XhkiYei Z[b Yb_cW [d bWi |h[Wi Z[ Ykbj_le" ieXh[ jeZe [d bei c[i[i Z[ i[fj_[cXh[ o eY# jkXh[" bWi fh[l_i_ed[i ied Z[iWb[djWZehWi$ EjhW l[p [b i[Yjeh i[ l[h‡W W\[YjWZe feh i[]kdZe W‹e Yedi[Ykj_le$ ~" ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠĹŠ
I[]‘d bei ZWjei" Z[ bei (/ c_# bbed[i Z[ hWY_cei Z[ ]k_d[e gk[ i[ fheZk`[hed" Wbh[Z[Zeh Z[ 'É*(.$).& jed[bWZWi cƒ# jh_YWi JC " i[ Z[ij_dWhed Wb c[hYWZe [khef[e$ ;ije i_]# d_\_YÂŒ +,-É.))$.&& ZÂŒbWh[i$ I_ i[ YecfWhW Yed [b (&&/ i[ eXi[hlW kdW YW‡ZW Z[b ('$)) " fehgk[ [d [i[ W‹e i[ l[dZ_[# hed 'É.,'$ .'+ JC$ I_d [cXWh]e" bWi [nfehjW# Y_ed[i [d [ijei c[hYWZei Z[ _]kWb cWd[hW Z[YWo[hed$
É&,'2 5('8&725 & 1/0"! -1" )1 %+/ .+!1 0+/ -1" /&.2"* , . ."!1 &. !" ,"/+ +)+ ( &* 5 (+/ 07 !" &".0 / ,( *0 / (+ ;*& + -1" % "* "/ ) *! .(+/ ( 9+ 1/6*!+("/ !+(+.+/ / ")+..+&!"/ ."/" *!+ /1 ,&"( /1/ ( &+/ &*#( ) *!+ /1/ .&9+*"/ &..&0 *!+ /1 "/0:) $+ 4 ( #&* ( *+ % ' !+ * ! +. "/0 4 )6/ . 5+*"/ 4 "/06 -18 4 (("$: ( 1 !+. "( 30. 0+ !" .+/"(( "( ;*& + &!+ "!1 0+. -1" "(&)&* ( $. / !" /1 ..&$ -1" *+ (" !"' (1 &. &"* &"*0. / 1/0"! )&* +.." .." /1 / 0. '&* " &* (1/+ % /0 1 *!+ !1".)"
/0. 0+ !" .+/"((
3tGDOR <D
* *0+ +)&*$+ "(#
"* +'
"* /)". (! 01.&/0 "* ". "* *6 01.&/0 01. ( %+, "* 1"2"!+ .) & .15 51( ."*0" ( .-1" "!&!+/ , . "( ."/0+ !"( , 8/
" (+ "*2& )+/ +)& &(&+
/ (Ĺ‹ &)Ĺ‹ Ä…Ĺ‹ '#()Ĺ‹ Ĺ‹&)-Ĺ‹ &. , -
+Ŋ / Ŋ/1.!+ ,¢Ŋ # 3.Ŋ Ŋ24Ŋ/1#"#!#Ĺ 2.1Ŋ#-Ŋ4- Ŋ,4+3(34"(- 1( Ŋ!#1#,.-( ēŊ -.-(9 !(¢-Ŋ5#-"1;Ŋ/1.-3.ē
i[ b[ h[YedepYW kd c_bW]he [d [b 8[d[Z_Yje NL? fheYbWcÂŒ Wo[h [d cWhYe Z[ kd fheY[ie Z[ YWde# bW fbWpW Z[ IWd F[Zhe ÆX[WjeÇ W ik d_pWY_ÂŒd" be gk[ feZh‡W ^WY[hi[ fh[Z[Y[ieh @kWd FWXbe ?? '/-.# ÆZ[djhe Z[ kdei W‹eiÇ" [nfb_YÂŒ (&&+ ZkhWdj[ kdW _cfed[dj[ c|i jWhZ[ [b d‘c[he Zei Z[b LW# o ckbj_jkZ_dWh_W Y[h[ced_W gk[ j_YWde" [b YWhZ[dWb JWhY_i_e 8[h# Yed]h[]ÂŒ W Y_kZWZWdei fhe# jed[$ BW [ceY_ÂŒd h[_dÂŒ [djh[ l[d_[dj[i Z[ jeZe [b ckdZe ĹŠ [d bW YWf_jWb _jWb_WdW$ bei h[fh[i[djWdj[i Z[ .,
;b FWfW" gk[ bb[lWXW bW "#ĹŠ 23 ".ĹŠ8ĹŠ"#ĹŠ Z[b[]WY_ed[i Z[ fW‡i[i [n# (#1-.ĹŠ 2(23(#Äą jhWd`[hei$ ÆF[hY_X‡Wcei [b YWikbbW o bW c_jhW Z[ @kWd .1.-ĹŠ +ĹŠ#5#-3.Ä“ FWXbe ??" fhedkdY_ÂŒ bW ie# f[h\kc[ Z[ ik iWdj_ZWZÇ" h[YedeY_ÂŒ ZkhWdj[ ik ^e# b[cd[ \ÂŒhckbW [d bWj‡d Yed bW YkWb [b[lÂŒ W bW ]beh_W Z[ c_b‡W 8[d[Z_Yje NL?" gk_[d [be# bei WbjWh[i W ik fh[Z[Y[ieh" Yed ]_ÂŒ ÆbW \k[hpW Z[ kd ]_]Wdj[Ç gk[ gk_[d YebWXehÂŒ ZkhWdj[ () W‹ei$ be]hÂŒ Æ_dl[hj_hÇ bW j[dZ[dY_W Z[ Æ9edY[Z[cei gk[ [b l[d[hW# ÆbW ieY_[ZWZ" bW YkbjkhW o bei i_i# Ze I_[hle Z[ :_ei @kWd FWXbe ??" j[cWi feb‡j_Yei o [YedÂŒc_YeiÇ W FWfW" i[W Z[ W^ehW [d WZ[bWdj[ WXWdZedWh [b Yh_ij_Wd_ice$ bbWcWZe X[WjeÇ" fheYbWcÂŒ$ KdW _dc[diW \eje]hW\‡W Z[ Kd bWh]e WfbWkie o ]h_jei Z[ '//+ Z[ kd iedh_[dj[ o iWbkZWXb[ ÆIWdje IkX_jeÇ iWdje Z[ _dc[# AWheb Me`jobW" Z[ifb[]WZW [d [b Z_Wje [ijWbbWhed [d bW fbWpW" XWbYÂŒd Y[djhWb Z[ bW XWi‡b_YW" \k[ bb[dW Z[ ][dj[ gk[ [dWhXebWXW Z[il[bWZW [d [b cec[dje Z[ bW XWdZ[hWi Z[ dkc[heiWi dWY_e# fheYbWcWY_ÂŒd$ dWb_ZWZ[i" [djh[ [bbWi febWYWi" [ifW‹ebWi o XhWi_b[‹Wi$ ĹŠ3.".ĹŠ#+ĹŠ,4-". FWhW gk[ @kWd FWXbe ?? i[ Yed# 8W`e kd ieb j[cfbWZe" bW Y[h[# l_[hjW [d iWdje [i d[Y[iWh_e gk[ ced_W" [d bW gk[ [b FWfW kiÂŒ ĹŠ ĹŠ ĔŊ ŊěŊ;b fWfW
ĉĉ
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ĉ
1.!#2(¢-
-3#ĹŠ#+ĹŠ$_1#31. ĹŠ 2(ĹŠ3.".2ĹŠ+.2ĹŠ/ ~2#2ĹŠ+ 3(-. ,#1(! -.2ĹŠ Ĺ—#-5( 1.-ĹŠ(,/.13 -3#2ĹŠ"#+#% !(.-#2ĹŠ/ 1 ĹŠ 1#-"(1ĹŠ'.,#- )#ĹŠ +ĹŠ/.-3~ă!#ĹŠ04#ĹŠ1#!.11(¢Ŋ + ĹŠ1#%(¢-ĹŠ"#ĹŠ/4-3 ĹŠ ĹŠ/4-3 Ä“
ĹŠ -3#ĹŠ#+ĹŠ$_1#31.ĹŠ"#ĹŠ 4 -ĹŠ +.ĹŠ ĹŠ8ĹŠ4- ĹŠ Ĺ—/1#!(.2 ĹŠ1#+(04( ĹŠ!.-ĹŠ24ĹŠ2 -%1#ĔŊ#7/4#23.2ĹŠ "#-31.ĹŠ"#ĹŠ+ ĹŠ 2~+(! ĹŠ/ 1 ĹŠ+ ĹŠ5#-#1 !(¢-ĔŊ "#2ă+ 1.-ĹŠ"41 -3#ĹŠ'.1 2ĹŠ!(#-3.2ĹŠ"#ĹŠÄƒ#+#2Ä“
Ŋ #-#"(!3.Ŋ Ŋ 1(¢Ŋ+ Ŋ/1.!#2(¢-Ŋ8Ŋ2#Ŋ ŗ1#!.%(¢Ŋ/ 1 Ŋ.1 1Ŋ#-Ŋ2(+#-!(.Ŋ -3#Ŋ#+Ŋ$_1#31.Ŋ "#Ŋ24Ŋ/1#"#!#2.1ē
ĹŠ 2ĹŠ/4#13 2ĹŠ"#ĹŠ+ ĹŠ 2~+(! ĹŠ/#1, -#!#Äą Ĺ—1;-ĹŠ (#13 2ĹŠ' 23 ĹŠÄĄ#+ĹŠĂŒ+3(,.ĹŠ/#1#%1(-.ĢĔŊ
(-"(!¢Ŋ+ Ŋ -3 Ŋ #"#ĔŊ+.Ŋ04#Ŋ"# ~ Ŋ.!411(1Ŋ +Ŋ , -#!#1ē
jWcX_ƒd [b Y|b_p gk[ @kWd FWXbe ?? [cfb[ÂŒ [d bei ‘bj_cei W‹ei" \k[ jhWdic_j_ZW [d Z_h[Yje W dkc[heiei fW‡i[i" [d fWhj_# YkbWh Febed_W" ZedZ[ c_b[i Z[ febWYei iWb_[hed cWi_lWc[dj[ W bWi YWbb[i fWhW i[]k_h bW X[Wj_# Ă’YWY_ÂŒd [d Z_h[Yje [d fWdjWbbWi ]_]Wdj[i$ ;d bW 8Wi‡b_YW Z[ =kWZWbkf[ Z[ bW Y_kZWZ Z[ Cƒn_Ye" Y_[djei Z[ `ÂŒl[d[i ^WX‡Wd WYWcfWZe Z[iZ[ bW deY^[ Z[b i|XWZe fWhW fh[i[dY_Wh [d Z_h[Yje bW Y[h[ce# d_W$ O [d 9[djheWcƒh_YW" c_b[i
ēŊ ;2Ŋ"#Ŋ4-Ŋ,(++¢-Ŋ"#Ŋ/#12.- 2Ŋ2#Ŋ!.-%1#% 1.-Ŋ 8#1Ŋ#-Ŋ +Ŋ 3(! -.ēŊ
Z[ YWjÂŒb_Yei Y[b[XhWhed [b [l[dje Yed l_]_b_Wi" cWhY^Wi o eĂ’Y_ei h[b_]_eiei$ ;b Ykbje b_j‘h]_Ye Z[b dk[le X[Wje i[h| Y[b[XhWZe [b (( Z[ eY# jkXh[ Z[ YWZW W‹e" [d [b Wd_l[hiW# h_e Z[b Yec_[dpe Z[b fedj_Ă’YWZe Z[ @kWd FWXbe ?? [d '/-.$
BW X[Wj_\_YWY_Œd Z[b fh_c[h FWfW febWYe Z[ bW ^_ijeh_W" gk_[d \Wbb[Y_Œ [b ( Z[ WXh_b Z[ (&&+ W bei .* W‹ei jhWi kdW bWh]W [d\[hc[# ZWZ" [i [b fWie fh[l_e W bW YWde# d_pWY_Œd o i[ bb[lŒ W YWXe [d kd j_[cfe hƒYehZ$ DWZW hWhe YedjWh fhedje Yed ejhe iWdje$
ĉ
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ĹŠ ĹŠ/.2/.-#ĹŠ "#ĹŠ-4#5.ĹŠ+ -9 ,(#-3.ĹŠ
Ĺ—ĹŠĹŠĹŠ
ĔŊ ŊěŊ ;b jhWdi# XehZWZeh [ifWY_Wb ;dZ[Wlekh de fWhj_h| ^eo Yece [if[# hWXW bW D7I7" gk[ feifkie Z[ dk[le [b bWdpWc_[dje i_d WdkdY_Wh kdW \[Y^W YedYh[jW" Wkdgk[ Yed bW i[]kh_ZWZ Z[ gk[ de eYkhh_h| ÆWdj[i Z[b Ă’dWb Z[ bW i[cWdWÇ$ ÆBei WZc_d_ijhWZeh[i Z[ bW D7I7 ^Wd Z[Y_Z_Ze gk[ de [i fei_Xb[ bWdpWh [b jhWdiXeh# ZWZeh [ifWY_Wb [b bkd[i" gk[ ^WX‡W i_Ze bW \[Y^W Z[ Z[if[# ]k[ c|i j[cfhWdW fei_Xb[ Z[ifkƒi Z[ feifed[hi[ [b bWdpWc_[dje [b l_[hd[iÇ" Z_`e bW _dij_jkY_ÂŒd [ifWY_Wb [d ik Yk[djW eĂ’Y_Wb Z[ Jm_jj[h [d kd Æjh_deÇ fh[b_c_dWh$
ē ēŊ $1.-3 Ŋ+ Ŋ 1#2 ! Ŋ"#+Ŋ3#,/.1 +Ŋ
ŗŊ ŊŊ ĔŊ Ŋě BWi Z[lWijWZehWi jehc[djWi Z[ [ijW i[cWdW i[^Wd YeXhWZe oW )*- l_ZWi [d ;ijWZei Kd_# Zei" gk[ W\hedjW bW h[iWYW Z[b i[]kdZe j[cfehWb c|i b[jWb Z[ ik ^_ijeh_W" Wdj[ kd fWde# hWcW gk[ h[Yk[hZW Wb Z[`WZe feh [b ^khWY|d ÆAWjh_dWÇ [d (&&+$ Bei (.. jehdWZei gk[" i[]‘d [b I[hl_Y_e DWY_edWb Z[ C[# j[ehebe]‡W" iWYkZ_[hed [b ikh o [b [ij[ Z[b fW‡i Z[`Whed jhWi Z[ i‡ kdW [ij[bW Z[ _dkdZW# Y_ed[i" [Z_ÒY_ei Z[hhk_Zei o Y_[djei Z[ Z[iWfWh[Y_Zei" XkiYWZei Z[iZ[ [djedY[i i_d Z[iYWdie feh iki \Wc_b_Wh[i o bei [gk_fei Z[ [c[h][dY_W$
ēŊ -ĹŠ ĹŠ - ĔŊ!(#-3.2ĹŠ"#ĹŠ,(+#2ĹŠ"#ĹŠ/#12.- 2ĔŊ#-31#ĹŠ#++.2ĹŠ-4#5.2ĹŠ31 ) ".1#2ĹŠ/1(5 ".2ĔŊ, 1!' 1.-ĹŠ#-ĹŠ /.8.ĹŠ ĹŠ+ 2ĹŠ1#$.1, 2ĹŠ#!.-¢,(! 2ĹŠ"#+ĹŠ/1#2("#-3#ĹŠ ĂŒ+ĹŠ 231.ĹŠ04#ĹŠ 42! -ĹŠ,."#1-(9 1ĹŠ#+ĹŠ %.3 ".ĹŠ,."#+.ĹŠ2.!( +(23 ēŊ
-ŋ )( # #)( -ŋ- & ,# & -ąŋ *,#( #* &ŋ. ' ŋ (ŋ -ð& -ŋ -Ŋ3.".Ŋ#+Ŋ,4-".Ŋ+.2Ŋ31 ) ".1#2Ŋ1#Ĺ !+ , 1.-Ŋ4- Ŋ,#).1 Ŋ#-Ŋ+ 2Ŋ!.-"(!(.Ĺ -#2Ŋ"#Ŋ#,/+#.Ŋ8Ŋ24#+".2ē Ŋ } ĔŊ Ŋ ě
Bei jhWZ_Y_edWb[i Z[iĂ’b[i Z[b ' Z[ cWoe h[kd_[# hed Wo[h W Y[dj[dWh[i Z[ c_b[i Z[ f[hiedWi [d [b ckdZe" gk[ i[ cWd_\[ijWhed Z[iZ[ >ed] Aed] W 8[hb‡d" fWiWdZe feh BW >WXWdW fWhW f[Z_h" fh_dY_fWbc[dj[" Wk# c[djei iWbWh_Wb[i$ ;d Febed_W" bW eh]Wd_pWY_ÂŒd i_dZ_YWb c|i ]hWdZ[ EFPP Wdk# bÂŒ" i_d [cXWh]e" bW cWhY^W fWhW de _dj[h\[h_h [d bWi Y[h[ced_Wi h[bWY_edWZWi Yed bW X[Wj_Ă’YWY_ÂŒd Z[b fWfW @kWd FWXbe ??$ BW Ă’[ijW Z[b JhWXW`e jecÂŒ kd WY[dje c|i feb‡j_Ye [d Hki_W" ZedZ[ bei fWhj_Zei fhe#Ah[cb_d Wfhel[Y^Whed bW eYWi_ÂŒd fWhW
_dj[djW iWb_h Z[ bW Yh_i_i o Zed# Z[ [b fWhe WbYWdpW W kde Z[ YWZW Y_dYe WYj_lei" bei i_dZ_YWjei fh[# l[‡Wd c|i Z[ .& h[kd_ed[i o cW# d_\[ijWY_ed[i" bW c|i _cfehjWdj[ Y[b[XhWZW [d LWb[dY_W [ij[ $ ;d =h[Y_W" ZedZ[ bW feXbWY_ÂŒd [ij| eXb_]WZW W ^WY[h iWYh_Ă’Y_ei i_d fh[Y[Z[dj[i Z[iZ[ ^WY[ kd W‹e fWhW h[iYWjWh bW [Yedec‡W Z[b fW‡i" c_b[i Z[ f[hiedWi iW# b_[hed W bWi YWbb[i Z[ 7j[dWi fWhW fhej[ijWh YedjhW kd dk[le [dZk# h[Y_c_[dje Z[ bW Wkij[h_ZWZ$ ;d <hWdY_W" c_b[i Z[ f[hiedWi _d_Y_Whed kd Z[iĂ’b[ feh bW cW‹W# dW fWhW Y[b[XhWh [b Z‡W _dj[hdW# Y_edWb Z[ bei jhWXW`WZeh[i
Y_Wb i[ ikcW W bW Yh_i_i feb‡j_YW i_d fh[Y[Z[dj[i$ ;d 8[hb‡d" c_b[i Z[ f[hiedWi i[ cWd_\[ijWhed i_d _dY_Z[dj[i$ ;b fh[i_Z[dj[ Z[b :=8" C_Y^W[b Iecc[h" WZl_hj_ÂŒ Z[b Z[iY[die ^WY[h kdW Z[ceijhWY_ÂŒd Z[ \k[h# Z[ bei iWbWh_ei o Z[dkdY_ÂŒ gk[ bei fhef_[jWh_ei Z[ [cfh[iWi pW Wdj[ bWi fhÂŒn_cWi [b[YY_ed[i" YedjhWjWd [cfb[WZei W ÆXk[d Yed b[cWi Yece ƜC[Zl[Z[l fh[Y_eÇ" fheY[Z[dj[i Z[ ;khe# ÂśFkj_d ÂśLWcei Hki_W Ç$ FWhW bWi Wkjeh_ZWZ[i hkiWi" fW Z[b ;ij[" YkWdZe 7b[cWd_W o Yh_j_YWZWi feh bW l_eb[djW Z_if[h# 7kijh_W [ij|d W fkdje Z[ WXh_h ik c[hYWZe bWXehWb W [ijei Y_k# i_ÂŒd Z[ lWh_Wi cWd_\[ijWY_ed[i Z[ bW efei_Y_ÂŒd [d bei ‘bj_cei ZWZWdei$ c[i[i" [ijWi h[kd_ed[i h[fh[# ;d Ă›\h_YW" bW Ă’[ijW Z[b JhWXW`e i[djWXWd kdW efehjkd_ZWZ fWhW f[hc_j_ÂŒ W bei i_dZ_YWjei [djh[# Z[ceijhWh h[if[je feh bW b_X[h# ]Wh W bWi Wkjeh_ZWZ[i ÆYkWZ[hdei Yed h[YbWcWY_ed[iÇ" jWb o Yece jWZ Z[ [nfh[i_ÂŒd$ I_d [cXWh]e" i[ fhe^_X_ÂŒ W bei ^ecei[nkWb[i eYkhh_ÂŒ [d 8[d‡d e Je]e$ ;d 7i_W" kd c[i o c[Z_e Z[i# cWd_\[ijWhi[ feh [b Y[djhe Z[ .-31 ĹŠ ).2ĹŠ2 + 1(.2 IWd F[j[iXkh]e$ BWi YedZ_Y_ed[i iWbWh_Wb[i \k[# fkƒi Z[b WYY_Z[dj[ Z[ bW Y[djhWb hed [b fh_dY_fWb j[cW Z[ bWi cW# Z[ <kaki^_cW" [b ' Z[ cWoe ^W 31.2ĹŠ/ ~2#2 d_\[ijWY_ed[i gk[ l_l_ÂŒ 8ƒb]_YW" ZWZe bk]Wh W Zei cWd_\[ijWY_e# ;d ;ifW‹W" ZedZ[ bW [Yedec‡W ZedZ[ bW Yh_i_i [YedÂŒc_YW o ie# d[i Wdj_#dkYb[Wh[i [d Jea_e$
ŋ , ŋ &ŋð( &ŋ ŋ ðŋ ĔŊ Ŋě ;b fehjWlep eÒY_Wb
Z[b ;`ƒhY_je h[X[bZ[ Z[b [ij[ Z[ B_X_W" 7^c[Z EcWh 8Wdo" Wi[# ]khÂŒ Wo[h gk[ bW EJ7D ^W YWc# X_WZe ik [ijhWj[]_W [d B_X_W o fhedeij_YÂŒ gk[ [d kdWi Zei i[# cWdWi Æl[h[cei YWcX_ei cko Xk[deiÇ ieXh[ [b j[hh[de$ 8Wdo i[ ceijhÂŒ cko iWj_i# \[Y^e Yed bW WYjkWY_ÂŒd Z[ bW EJ7D [d bei ‘bj_cei Z‡Wi o Z_`e gk[ ƒijW cWhYWh| W fWhj_h Z[ W^ehW bW Z_\[h[dY_W [d [b Yed# Ă“_Yje" [if[Y_Wbc[dj[ [d Jh‡feb_" bW YWf_jWb Z[b fW‡i$ 7bb‡ \k[hed WjWYWZWi [d bW jWhZ[ Z[ Wo[h bWi b[]WY_ed[i Z_# fbec|j_YWi Z[ ?jWb_W o [b H[_de Kd_Ze" fW‡i[i gk[ fWhj_Y_fWd [d bW c_i_ÂŒd Z[ bW EJ7D [d B_X_W" ikfk[ijWc[dj[ [d h[fh[iWb_W feh kd XecXWhZ[e Wb_WZe Yed# jhW kdW Z[ bWi h[i_Z[dY_Wi Z[ bW \Wc_b_W Z[ =WZWĂ’ WdeY^[$
i|XWZe gk[ [b ^_`e c[deh Z[b Yehed[b" IW_\ [b 7hWX" Wi‡ Yece jh[i Z[ iki d_[jei ^WX‡Wd \Wbb[# Y_Ze [d [b XecXWhZ[e" Z[b gk[ i[ iWblWhed [b fhef_e =WZWĂ’ o ik ck`[h gk[ i[ [dYedjhWXWd [d bW l_l_[dZW XbWdYe Z[b WjW# gk[ i[b[Yj_le" i[]‘d bW l[hi_ÂŒd eĂ’Y_Wb Z_\kdZ_ZW feh bW j[b[l_# i_ÂŒd f‘Xb_YW$ ;b l_YWh_e WfeijÂŒb_Ye Z[ Jh‡# feb_" [b eX_ife =_elWdd_ ?dde# Y[dpe CWhj_d[bb_" Wi[]khÂŒ gk[ feZ‡W YedĂ’hcWh bW ck[hj[ Z[ IW_\ Wb 7hWX" Wdj[ Ykoe Yk[hfe b[ YedZk`[hed bWi Wkjeh_ZWZ[i Z[b hƒ]_c[d o `kdje Wb YkWb i[ [dYedjhWXWd bei YWZ|l[h[i Z[ jh[i d_‹ei o ejhe WZkbje$ 3 04#2ĹŠ
Feh ejhW fWhj[" bWi jhefWi Z[ CkWcWh Wb =WZWĂ’ ^Wd bWdpWZe kd dk[le o cko l_eb[dje WjW# gk[ YedjhW bW Y_kZWZ Z[ C_ihW# ";5#1#2 jW" YedY[djhWZe [if[Y_Wbc[dj[ ;b =eX_[hde b_X_e WdkdY_ÂŒ [b [d bW pedW Z[b fk[hje$
(  (Ĺ‹ $ .#0)-Ĺ‹ &Ĺ‹ #& (#)Ĺ‹ (Ĺ‹ ' 4)(#
-Ŋ3_1,(-.2Ŋ%#-#1 +#2ĔŊ 2(Ŋ - +(9 ,.2Ŋ3.".2Ŋ+.2Ŋ . )#3(5.2Ŋ#2Ŋ,48Ŋ"($~!(+Ŋ 04#Ŋ2#Ŋ/4#" -Ŋ!4,/+(1ĔŊ/#1.Ŋ ' 8Ŋ#7!#/!(.-#2ĢēŊ Ŋ
ĹŠ ĹŠ Ä“
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ÄŠ
-ĹŠ+ ĹŠ/ 13#ĹŠ , (#-3 +ĹŠ ĂŒ-ĹŠ' 8ĹŠ,4!'.ĹŠ 31 ).ĹŠ/.1ĹŠ' !#1ĹŠ/ 1 ĹŠ!4,/+(1ĹŠ+ 2ĹŠ ,#3 2ĹŠ' 23 ĹŠÄ‰Ä‡ÄˆÄŽÄ”ĹŠ2#%ĂŒ-ĹŠ4-ĹŠ#7/#13.Ä“ ;d (&&&" bW Eh]Wd_pWY_ÂŒd Z[ bWi DWY_ed[i Kd_ZWi fbWdj[ÂŒ bei EX`[j_lei Z[b C_b[d_e fWhW '/( fW‡i[i" bei YkWb[i _dYbko[d Wif[Yjei ieY_Wb[i" c[Z_eWc# X_[djWb[i o [YedÂŒc_Yei gk[ Z[# X[d Ykcfb_hi[ ^WijW (&'+$ ;YkWZeh [i fWhj[ Z[ [ij[ Yecfhec_ie feh be YkWb bW H[Z 7H7 7hj_YkbWY_ÂŒd H[]_edWb 7cWpÂŒd_YW ^W Yedi_Z[hWZe d[Y[iWh_e gk[ YWZW dWY_ÂŒd gk[ \ehcW fWhj[ Z[ bW Yk[dYW WcW# pÂŒd_YW [bWXeh[ kd _d\ehc[ Z[ bW i_jkWY_ÂŒd Z[ bei eX`[j_lei [d [ijW h[]_ÂŒd X_eZ_l[hiW Z[b ckdZe$ ;i Wi‡ gk[ bW \kdZWY_ÂŒd ;Ye9_[dY_W" Yece fWhj[ Z[ [ijW h[Z" [ij| h[Yef_bWdZe bW _d\eh# cWY_ÂŒd gk[ i[h| fh[i[djWZW ^WijW c[Z_WZei Z[ [ij[ W‹e$ +ĹŠ + -!#
Bei ZWjei h[Yef_bWZei Yehh[i# fedZ[d W YWZW fhel_dY_W Z[b Eh_[dj[ [YkWjeh_Wde$ 7i‡" [d [b fh_c[h eX`[j_le" feh [`[c# fbe" i[ fk[Z[ YedYbk_h gk[ [d [ijW h[]_Œd [b ‡dZ_Y[ Z[ feXh[# pW [njh[cW [i YWZW l[p cWoeh" i[]‘d [nfb_YŒ <[hdWdZe HeZh‡# ]k[p" YeehZ_dWZeh Z[b fheo[Y# je o fh[i_Z[dj[ Z[ ;Ye9_[dY_W$ 7Z[c|i" Z[ijWYŒ gk[ bW Z[idk# jh_Y_Œd YhŒd_YW i[ fh[i[djW [d
c[deh[i Z[ Y_dYe W‹ei o gk[ bW Z[i_]kWbZWZ Z[ _d]h[iei j_[d[ kdW jWiW c|i WbjW gk[ [b fhe# c[Z_e dWY_edWb$ ;d YkWdje Wb iƒfj_ce eX`[# j_le" gk[ i[ h[Ă’[h[ W bW Yedi[h# lWY_ÂŒd Z[b c[Z_e WcX_[dj[" bei ZWjei [d bW pedW de ied cko Wb[djWZeh[i$ Æ;d be gk[ i[ h[# Ă’[h[ W Z[\eh[ijWY_ÂŒd o [if[Y_[i Wc[dWpWZWi de [ijWcei X_[d o de i[ lW W feZ[h Ykcfb_hÇ" Z_`e [b [nf[hje" f[he W]h[]ÂŒ gk[ ieXh[ YeX[hjkhW XeiYeiW ÆbW 7cWped_W [i kdW Z[ bWi pedWi gk[ c|i bW Yedi[hlWÇ$ 1. +#, 2ĹŠ , (#-3 +#2
ÆBW Z[\eh[ijWY_ÂŒd i_[cfh[ ^W i_Ze bW Ăˆf_[ZhW [d [b pWfWjeÉ Z[b ;YkWZehÇ" cWd_\[ijÂŒ HeZh‡# ]k[p" o W f[iWh Z[ [ije" [d bW 7cWped_W W‘d i[ Yedi[hlW [b -& Z[ YeX[hjkhW l[][jWb$ BW [ijhWj[]_W Z[b =eX_[hde [YkWjeh_Wde" Z[iZ[ ^WY[ lW# h_ei W‹ei" Æ^W i_Ze Z[YbWhWh |h[Wi fhej[]_ZWiÇ" [nfb_YÂŒ$ ;i feh [ije gk[ [b '. Z[ bW fWhj[ Yedj_d[djWb Z[b fW‡i [ij| XW`e [ijWi YWj[]eh‡Wi o [b -) Z[b Eh_[dj[$ ;b fheXb[cW gk[ [b _d\ehc[ h[l[bW [i bW \WbjW Z[ fbWd[i Z[ cWd[`e WZ[YkWZei$
Ä Ä€
(# #1ĹŠ3(#-#ĹŠ!#/(++.ĹŠ"#-3 +
# (. ' (. Ĺ‹- Ĺ‹" (Ĺ‹& (4 )Ĺ‹/()-Ĺ‹ *#&&)-Ĺ‹ Ĺ‹ # (. -Ĺ‹ (Ĺ‹&)-Ĺ‹+/ Ĺ‹ - Ĺ‹*/ (Ĺ‹ - / " ,ŋßŋ'#(/.)-Ĺ‹ Ĺ‹& -Ĺ‹ ( #)( -Ĺ‹ Ĺ‹ /-.#(Ĺ‹ # ,Ąŋ -. Ĺ‹*,) / .)Ĺ‹ -Ĺ‹ &Ĺ‹+/ Ĺ‹'6-Ĺ‹" Ĺ‹&& ' )Ĺ‹& Ĺ‹ . ( #š(Ĺ‹" -. Ĺ‹ "), Ä…Ĺ‹ (., Ĺ‹&)-Ĺ‹$/ !)-Ĺ‹ Ĺ‹-6 ( -Ä…Ĺ‹ , )( -Ä…Ĺ‹.) && -Ä…Ĺ‹ -' &. -Ĺ‹* , Ĺ‹ /˜ -Ä…Ĺ‹ )&& , -Ĺ‹* , Ĺ‹* ,,)-Ä…Ĺ‹&# ,)-Ä…Ĺ‹ ð " -Ä…Ĺ‹-.# % ,-Ĺ‹3Ĺ‹'6-Ĺ‹*,) / .)-Ĺ‹ , )-Ĺ‹ (Ĺ‹.),()Ĺ‹ Ĺ‹& ŋð!/, Ĺ‹ &Ĺ‹ -.,)Ĺ‹ -. )/(# (- Ąŋ )-Ĺ‹ *#&&)-Ĺ‹ / (. (Ĺ‹ )(Ĺ‹'Ă„-# Ĺ‹#(. !, Ĺ‹ )(Ĺ‹. ' -Ĺ‹ )')ĆŋĒ Ĺ‹-'#& ēąŋĒ 3ēąŋ Ä’ )0 Ĺ‹' ēŋ3ŋĒ )' ) 3Ĺ‹.)Ĺ‹&)0 ēĄ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?Ĺ?
ĹŠ :
#!.-.!# !(14%~ ĹŠĹŠ/+;23(!
^ ŊěŊŊBW Whj_ijW [ijkle Yece
_dl_jWZW [d [b fhe]hWcW j[# b[l_i_le Ăˆ>eoÉ" ZedZ[ bW fh[# i[djWZehW 7dZh[W B[]Whh[jW b[ fh[]kdjÂŒ i_ [hW Y_[hje e de be Z[ ik ef[hWY_ÂŒd" W be gk[ bW `el[d h[ifedZ_ÂŒ gk[ [hW eXl_e [b YWcX_e [d ik heijhe o gk[ de ^WX‡W cej_le Wb]kde fWhW d[]Whbe e [iYedZ[hbe o WYbWhÂŒ gk[ de kiWh‡W fh[j[njei Z[ iWbkZ fWhW `kij_Ă’YWh bW _dj[hl[dY_ÂŒd$ ĹŠ ĹŠ Â&#x; ēŊ
4!#ĹŠ!4#1/ 9.ĹŠ #-ĹŠ 6(33#1
ĹŠ
^ ŊěŊŊ Ŋ! -3 -3#Ŋ8Ŋ !31(9Ŋ
ēŊ .-Ŋ24Ŋ#2/.2.Ŋ#+Ŋ3 , (_-Ŋ! -3 -3#Ŋ (!*Ŋ --.-ē
,#7(! - Ŋ!.,/ 13(¢Ŋ!.-Ŋ242Ŋ 2#%4(".1#2Ŋ".2Ŋ$.3.%1 $~ 2Ŋ#-Ŋ+ Ŋ 04#Ŋ#7'( #Ŋ24Ŋ3.1-# ".Ŋ!4#1/.ēŊ
Ŋ 13(23 ŊŊ#2!1( (¢Ŋ#-Ŋ+ Ŋ1#"Ŋ2.!( +ĖŊ ĥ .3.Ŋ#2/#!( +Ŋ/ 1 Ŋ,(2Ŋ ".1 Ĺ ".2ēŊ Ŋ2 #-Ŋ+.Ŋ04#Ŋ ,.Ŋ#+Ŋ2.+ĢēŊ "#,;2Ŋ,.231¢Ŋ4- Ŋ$.3.Ŋ#-Ŋ+ Ŋ !4 +Ŋ/1#24,#Ŋ242Ŋ/(#1- 9 2Ŋ31 2Ŋ #2!1( (1ĖŊĥ +%4(#-Ŋ"().Ŋ/(#1- 2ĢēŊ
42ĹŠ # _2ĹŠ - !(#1.-ĹŠ !.-ĹŠ,ĂŒ2(!
ĹŠ ĹŠ Â&#x; Ä“
ĹŠ
Ŋ,(22Ŋ 04(#1#Ŋ' !#1Ŋ 3#+#5(2(¢-
ŊĚŊBW C_ii Kd_l[hie
c[n_YWdW jeZWl‡W de iWX[ W gkƒ i[ Z[Z_YWh| YkWdZe YedYbkoW ik h[_dWZe f[he Wb fWh[Y[h j_[d[ ]WdWi Z[ _dYkhi_edWh [d bW j[b[l_i_ÂŒd$ ÆJWb l[p ^W]W Wb]e [d j[b[l_i_ÂŒd" jeZWl‡W de iÂƒĂ‡" cWd_\[ijÂŒ DWlWhh[j[" Wb fh[# ]kdjWhb[ ieXh[ be gk[ ^Wh| kdW l[p gk[ [djh[]k[ bW YehedW [b fhÂŒn_ce '( Z[ i[fj_[cXh[$ ĹŠ ĹŠ Â&#x; Ä“
ĹŠ! -3 -3#ĹŠ"#ĹŠÄŒÄˆĹŠ  .2ĹŠ"().ĹŠ8 ĹŠ-.ĹŠ3#-#1ĹŠ /#-2 ".ĹŠ31 #1ĹŠ,;2ĹŠ-( .2ĹŠ +ĹŠ,4-".Ä“ #Äą ).1ĹŠ#2ĹŠ1#-.5 1ĹŠ+.2ĹŠ5.3.2ĹŠ, 31(,.-( +#2Ä“ ĔŊ ŊěŊŊ BW YWdjWdj[
+ĹŠ/1(,#1ĹŠ!.,4-(! ".ĹŠ"#ĹŠ/1#-2
BW h[fh[i[djWdj[ Z[ 9Wh[o" 9_d# [ijWZekd_Z[di[ CWh_W^ 9Wh[o Z_e W bkp W kd d_‹e o kdW Z_ 8[h][h" YedĂ’hcÂŒ [d kd d_‹W" o be ^_pe Wb ied Z[ ik ĹŠ Yeckd_YWZe gk[ bei X[# ƒn_je Z[ (&&, ĂˆM[ X[bed] Xƒi dWY_[hed W bWi &/0&-" je][j^[hÉ" _d\ehcWhed Wo[h ^ehW Z[ Bei Ă›d][b[i" o
ĹŠ-( ĔŊ04#ĹŠ c[Z_ei beYWb[i$ /#2¢ŊĉĔÄ?Ä?ĹŠ %ēŊ8ĹŠ WcXei f[iWhed Wbh[Z[Zeh Bei X[Xƒi" Z[ bei gk[ ,("(Â˘ĹŠÄŒÄŽÄ”Ä?ĉŊ!,ĔŊ Z[ ("+ a_be]hWcei$ I[]‘d W‘d i[ Z[iYedeY[ [b dec# $4#ĹŠ+ ĹŠ/1(,#1 ĹŠ#-ĹŠ - !#1ēŊ (#-31 2ĹŠ 8[h][h" bW YWdjWdj[" gk[ Xh[" bb[]Whed WZ[c|i [d 04#ĹŠ24ĹŠ'#1, -(Äą [b fWiWZe (- Z[ WXh_b ^_pe 3.ĹŠ/#2¢ŊĉĔÄ?đŊ %ēŊ kd l_W`[ [d lWde Wb ^eif_# [b YkWhje Wd_l[hiWh_e Z[ 8ĹŠ,("(Â˘ĹŠÄŒÄ‘Ä”Ä‰Ä?ĹŠ XeZW Z[ 9Wh[o o [b WYjeh !,Ä“ jWb feh kdW \WbiW WbWhcW W^ehW i[ [dYedjhWXW cko o YWdjWdj[ D_Ya 9Wdded$ ÆC_ ck`[h WYWXW Z[ ZWh# jhWdgk_bW c_[djhWi ik cWh_Ze bW bb[lWXW Wb ^eif_jWb$ c[ [b h[]Wbe Z[ Wd_l[hiWh_e Feh ik fWhj[" 9Wdded [ijWXW c|i _dYh[‡Xb[ Z[ c_ l_ZW$ jWd d[hl_eie gk[ i[ Yed\kdZ_ÂŒ DkdYW feZhƒ ikf[hWh [ijeÇ" Z[ Z[fWhjWc[dje Wb bb[]Wh Wb ^ei# [iYh_X_ÂŒ 9Wdded [d ik Yk[djW Z[ Jm_jj[h$ f_jWb" W‹WZ_ÂŒ bW h[fh[i[djWdj[$
~ 2ĹŠ -3#2ĹŠ"#ĹŠ " 1ĹŠ ĹŠ+49 ĹŠĹŠ -ĹŠ+ ĹŠ#3 / ĹŠÄƒ- +ĹŠ"#ĹŠ24ĹŠ#,Äą Ĺ— 1 9.ĹŠ 1( 'ĹŠ 1#8ĹŠ!#+# 1¢Ŋ+ ĹŠ
/ 2!4 Ŋ!.-Ŋ242Ŋ # _2Ŋ"#!.1 -".Ŋ 24Ŋ#23¢, %.ēŊ Ŋ 13(23 Ŋ#2!1( (¢Ŋ #-Ŋ24Ŋ!4#-3 Ŋ"#Ŋ 6(33#1ĖŊĥ #+(!#2Ŋ 2!4 2ĔŊ,,,ĔŊ3.".Ŋ#23;Ŋ+(23.ĢĔŊ !.,/  ".Ŋ"#Ŋ4- Ŋ$.3.Ŋ"#Ŋ24Ŋ Ĺ 11(% Ŋ04#Ŋ3#-~ Ŋ4-Ŋ"( 4).Ŋ"#!.1 3(Ĺ 5.Ŋ#-Ŋ$.1, Ŋ"#Ŋ'4#5.Ŋ"#Ŋ/ 2!4 ēŊ +Ŋ"(2# .Ŋ/.2#~ Ŋ4-Ŋ!.1 9¢-Ŋ 94+ĔŊ +Ŋ+ ".Ŋ(904(#1".ĔŊ8Ŋ4-.Ŋ1.2 ".Ŋ#-Ŋ #+Ŋ+ ".Ŋ"#1#!'.ĔŊ2(, .+(9 -".Ŋ Ŋ24Ŋ $4341.Ŋ'().Ŋ#Ŋ'() ēŊ
9Wh[o" Z[ *' W‹ei" j[d‡W fh[# l_ije h[delWh WdeY^[ iki lejei cWjh_ced_Wb[i Yed 9Wdded" Wkdgk[ ^W Z[YbWhWZe gk[" kdW l[p dWY_Zei bei d_‹ei" de j_[d[ _dj[dY_Œd Z[ j[d[h c|i ^_`ei$
¡ Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
Ċŋ
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
9$6,-$ '21'( 6( 321( /$ *5$6$ 72172 (1 .,&+:$
4ũ#2/(1(34 +(" "ũ8ũ,(23(!(2,.ũ2.-ũ,48ũ $4#13#2ēũ 4ũ Ì204#" ũ(-3#1- ũ#2ũ4- ũ!.-2ı 3 -3#ũ#-ũ24ũ5(" ũ"( 1( ēũ 4ũ2#-2( (+(" "ũ ' !#ũ"#ũ "ēũ4- ũ/#12.- ũ2.+(" 1( ũ8ũ,48ũ /1#.!4/ " ũ/.1ũ+.2ũ04#ũ24$1#-ēũ 2ũ,48ũ '.2/(3 + 1(.ũ+.ũ!4 +ũ' !#ũ04#ũ"#-31.ũ"#ũ24ũ '.% 1ũ2(#,/1#ũ' 8 ũ5(2(3 2ē
&$/&8/$5 (/ 35(&,2 '( $/*2 7267$5
ũũ
ĸ#-#1.ũĉćũıũ$# 1#1.ũĈĒĹ - -!( 2ũ.ũ/_1"(" 2ũ(-#2/#1 " 2ēũ '.1 ũ -.ũ#2ũ 4#-ũ"~ ũ/ 1 ũ2 +(1ũ"#ũ!.,/1 2ēũ 4204#ũ+.2ũ5#1" "#1.2ũ5 +.1#2ũ(-3#1-.2ũ 8ũ"(2$143#ũ"#ũ+ ũ2#-2( (+(" "ēũ Ėũ
ũ/ 9ũ,#-3 +ũ!.-"4!#ũ ũ+ ũ2#1#-(" "ũ "#+ũ +, ē
: ũũ
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ .,/ 13(1ũ!.-ũ+.2ũ ,(%.2Ĕũ'.8Ĕũ#2ũ(,ı /.13 -3#ēũ 4#-ũ,.,#-3.ũ/ 1 ũ#+ũ 13(23 Ĕũ #+ũ#2!1(3.1Ĕũ#+ũ/.+~3(!.ũ8ũ#+ũ#234"( -3#ēũ .,(#-!#ũ/1.8#!3.2ēũ Ėũ .ũ2#ũ ! -2#ũ) ,;2ũ"#ũ' !#1ũ#+ũ (#-ē
ũũ
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ 4#"#ũ3., 1ũ"#!(2(.-#2ũ!.-ũ1#2/#!3.ũ ũ 31 ).Ĕũ#234"(.2ũ.ũ/1.$#2(¢-ēũ ũ!.,4ı -(! !(¢-ũ!.-ũ24ũ/ "1#ũ#2ũ2 3(2$ !3.1( ēũ #).1#ũ24ũ 43.#23(, ēũ Ėũ # ũ#+ũ ,(2,.ũũ"#-31.ũ8ũ$4#1 ũ"#ũ! 2 ē
ũũ
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ /1.5#!'#ũ#23#ũ,.,#-3.ũ/ 1 ũ+##1ũ8ũ#2ı 34"( 1ũ3#, 2ũ/1.$4-".2ēũ 4204#ũ+ ũ5#1" "ũ #-ũ24ũ(-3#1(.1ēũ 5(3#ũ+ ũ!1~3(! ũ8ũ#+ũ"#3 ++(2,.ũ #-ũ#7!#2.ēũũ Ėũ +#5#ũ24ũ!.1 9¢-ũ #-ũ+ ũ.1 !(¢-ē
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ 1 -2$.1, !(.-#2ũ/1.$4-" 2ũ#-ũ242ũ /#-2 ,(#-3.2ēũ #1;ũ$ 5.1#!(".ũ +ũ/#"(1ũ4-ũ /1_23 ,.ũ.ũ 84" ũă- -!(#1 Ĕũ(-3_-3#+.ēũ 5(3#ũ% 23.2ũ(--#!#2 1(.2ēũ Ėũ #ũ 84" ũ3 , (_-ũ!.-ũ+ ũ!.-5#12 !(¢-ē
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ -ũ 4#-ũ"~ ũ/ 1 ũ(-(!( 1ũ!4#23(.-#2ũ+#% ı +#2ēũ 23;ũ!.-2!(#-3#ũ"#ũ+ 2ũ-#!#2(" "#2ũ "#ũ24ũ/ 1#) ēũ 2ũ2.!(#" "#2ũ!.,#1!( +#2ũ 3(#-#-ũ$4341.ēũ Ėũ 1 3#ũ"#ũ5(5(1ũ ,#).1ũ24ũ5(" ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ 8ũ4-ũ"#2#.ũ"#ũ' !#1ũ,#).1ũ+ 2ũ!.2 2ũ #-ũ24ũ31 ).ēũ ũ' (+(" "ũ, -4 +ũ"# #ũ 2#1ũ /1.5#!' " ēũ 1#.!4/ !(¢-ũ/.1ũ4- ũ "(#3 ũ2 +4" +#ēũ Ėũ /1#-" ũ ũ !.,#-9 1ũ8ũ ũ1#!.,#-9 1ē
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ -ũ"~ ũ"#ũ !3(5(" "ũ2.!( +Ĕũ!.,/;13 + ũ!.-ũ 242ũ'().2ũ8ũ'#1, -.2ēũ Ėũ #-#1ũ $#ũ#-ũ2~ũ,(2,.ũ#2ũ3#-#1ũ$#ũ#-ũ (.2ē
',26 '( /26
7,5$ %$1'$
'e%,/ /É1*8,'2
7$0%25 '( 81 3$5&+(
ŏ ĀĂŏ ŏ ŏ ŏĂĀāā
ŏ +. Čŏ
āā
5(%$f26
&217,1(17(
(;7(16,Ð1
120%5(
&,8'$' '( &2/20%,$
(1&8(1752
086,&$/
6$57$/
$/=$5
+8(//$ 3,67$
085&,e/$*2 (1 ,1*/e6 5()5(*$5
/(9$17$5
7(50,1$&,Ð1
'( /$ *$/,$
5(675(*$5
9(5%$/
$3Ð&23( '(
7$%(51$
*5$1'(
3('$=2 '( 3,('5$ 320(= 0e;
$18%/$5
)(0(1,12 6Ì0%2/2 '( <2'2
$8675$/,$12
',63(56$
$6(17$5 81$ 7(-$ 62%5( 275$ 6Ì0%2/2 '( 7$17$/,2
$326(172
$&725 '( (( 88 /$ 3(/Ì&8/$
$ 72'2 *$6
),/Ð62)2 < (67$',67$ ,1* 129(1$ /(75$
086,&$/
)$/7$
*5,(*$
',26 '( /$ ,1',$ 5Ì2 '( &2/20%,$
$&725 '( /$ 3(/Ì&8/$ &$6,12 52<$/(
' $
6
$
6
$
2
5
$
5
7 $ 5
$
1
,*8$/'$' (1 /$ 683(5),&,( &5(0$ '( /$ /(&+(
7
$
/
(19$6( 7$&+$ (;75$f$ 3$5(-$
685*,5 1$&(5 6Ì0%2/2 '( /,7,2
3
/
$
,
5
5
+ 7 %58f,5 6Ì0%2/2 '( *5$02
$ &$/&8/$5 (/ 35(&,2 '( $/*2 (63(&,( '( %Ô)$/2 3,*0(2
5
*
$
&,8'$' '( %5$6,/ (1)(50('$' 3$'(&,0,(172
2
1
1
2
$
(
'
1(*$&,Ð1 6Ì0%2/2 '( %5202
$
/
0
$
/
48Ì0,&2 '( 6Ì0%2/2 1( +(50$12 '( $%(/
1
,
3(5)80( '(/,&$'2 )/27$ (6&8$'5$
5
$
6
2 %$f$'2 '(
' $
62',2
+(1&+,5
7 1
$ ,
*
$75(9,'2
)85,$
$ 21'$
3/$1$ /8=
&$16$'$
&
)85,$
5$0$-( 6Ì0%2/2 '( &$5%212
$ 5
'
6Ì0%2/2 '(
2
,
0
&2%$/72
32/Ì7,&2 &+,12 $/,6$5 /,-$5
2
/
(
,
3$75,$5&$ '(/ ',/89,2 6Ì0%2/2 '( 7$17$/,2
7
$
0 $
5
/ ,
2
%
0
$
$ 5 &2*(5 $6,5
5
/ $ 5 2 ),/75$5
(
$
6Ì0%2/2 '( <2'2 (67$'2 125
1
$
7($)5,&$12
$
+(50$1$ '( 0$0É 7(50,1$&,Ð1 9(5%$/
$ 75(,17$ 'Ì$6 62/,7$5,$
$1725&+$
6
7
5Ì2 '( $/(0$1,$ 812 (1
3$6$5
352%$5 %(%(5
&$5&$-($5
,1*/e6
$
'20,1$5 '20(67,&$5 5(/$7,92 $ /$ %2&$
3
$ 5 $ 6Ì0%2/2 '( )Ð6)252
3$&72 $-867(
$
7
2
5
5 ,
$ / 7 $
$
2
027,92
',63(56$
$
2
/
$
&(/(%5,'$'(6
5
, $
1 6
:8ICF =FEK8E8 (-*+$ (.(+ 8IHL@K<:KF @K8C@E8EF% I<GI<J<EK8EK< ;<C 98IIF:F IFD8EF% J<E@C@;8;%
/
,
$
1
2
(
7
'( ,7$/,$ $3$6,*8$5 $3/$&$5
$
(
5
/,&25
&$3,7$/ '( 1258(*$ (0%$5&$&,Ð1 '(/ ',/89,2
$68172
(
3(48(f$ 3257(5Ì$ (6&5,725 0(;,&$12
&$03e21
'( +8(62
6 (
0
5(/,*,26$
3,e/$*2
&
*
2
5$6*Ð1 '(6*$55Ð1
92= '( $558//2
&,8'$' '( (( 88
$/7$5
(
(
$
0 $5*2//$
0 ',(= &(17(1$6
'e6327$
6
75$03$ 7$5($ 75$%$-2
5
5
&
6$%(5
&$&,48(
2 $ 5
(0%867(
&219,&72
&,(/2
5
5
$ (67$'2 '( 1257($0e5,&$ 5Ì2 '(/ (&8$'25
&,(/2
\Wc_b_W CWdh_gk[" _cfehjWdj[ [d [b ikXckdZe Z[ 8e]ej|" ZkhWdj[ Y_dYe ][d[hWY_ed[i$ ;ijW \Wc_b_W fheY[Z[dj[ Z[ fhel_dY_W" \k[ W fheXWh ik[hj[ [d bW ]hWd Y_kZWZ ZedZ[ Yh[Whed kdW eh]Wd_pWY_ d Yh_# c_dWb gk[ h[_dWXW kd ckdZe _b[]Wb$ BW jhWcW Z[ bW del[bW [ij| cWhYWZW feh bW ck[hj[" [b ik\h_c_[dje o [b Z[b_je$
$',9,1$5
1
$
&2/0$5
5
812 (1 ,1*/e6
%$5$-$ 3$5$
2
626$
$
$
% 0
1
&85$5
5 $
6Ì0%2/2 '(
&
É5%2/ '( /$ )$0,/,$ 0,/,É&($6
,1*/e6
$&75,= '( /$ 3(/Ì&8/$ 5(35(66,216
%
,
/
&$'(5$ +,-$ '( /$ +,-$
6ROXFLyQ DQWHULRU
1 (
+8(62 '( /$
(67$'2 '( 9(1(=8(/$ $,5( (1
5
ŗũ ũKdW j[b[del[bW YebecX_WdW gk[ dWhhW bW ^_ijeh_W Z[ bW
&(5(021,$
$=8)5(
,167580(172
&5202 6Ì0%2/2 '( 5$',2
ĔũĉĈĖćć
6$172 (1 32578*8e6
%$&$/$2 6Ì0%2/2 '(
6Ì0%2/2 '(
ũ %
26&85(&(5 (;75$f$
$57Ì&8/2
0$5683,$/
ũũ
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ #!#2(3 ũ/ 9Ĕũ2#1#-(" "ũ8ũ31 -04(+(" "ėũ 4204#ũ#-ũ24ũ(-3#1(.1ēũ 23(,4+#ũ24ũ(, %(ı - !(¢-ũ(-34(3(5 ũ ũ31 5_2ũ"#ũ+ ũ,#"(3 !(¢-ēũũũ Ėũ +ũ!4#1/.ũ#2ũ#+ũ1#Ą#).ũ"#ũ+ ũ ,#-3#ē
(63$572
(67$'2 '( (( 88
ũũ
^ ũ
62*$ '(
6$172
7(5&(5$ 127$
ĸ$# 1#1.ũĉćũıũ, 19.ũĉćĹũ 4#- 2ũ-.3(!( 2ũ ũ31 5_2ũ"#ũ+.2ũ'().2ēũ #ı 2 11.++ 1ũ24ũ!1# 3(5(" "ũ+#ũ #-#ă!( ėũ#+ũ 13#ũ #-ũ.1.ũ+#ũ$ 5.1#!#ēũ Ėũ ũ +#%1~ ũ "#ũ5#1ũ8ũ#-3#-"#1ũ#2ũ#+ũ,;2ũ/#1$#!3.ũ".-ũ "#ũ+ ũ- 341 +#9 ē
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ -ũ#23#ũ"~ ũ3(#-#ũ,4!' ũ$4#19 ũ"#ũ 5.+4-3 "ũ8ũ!.-ă -9 ũ#-ũ2~ũ,(2,.ēũ ũ !.,4-(! !(¢-ũ!.-ũ+ 2ũ/#12.- 2ũ04#ũ+#ũ 1."# -ũ2#1;ũ 1,.-(.2 ũ8ũ2 3(2$ !3.1( ēũ Ėũ _ũă-#2ũ#+#5 ".2ũ ũ242ũ !!(.-#2ēũ
$3Ð&23( '(
0$6&8/,12
ũũ
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ 2ũ 4#-ũ,.,#-3.ũ/ 1 ũ1# +(9 1ũ-#%.!(.2ũ .ũ31 -2 !!(.-#2ēũ 42ũ("# 2ũ2#1;-ũ 4#- 2ũ / 1 ũ1# +(9 1ũ/1.8#!3.2ēũ 2ũ2.!(#" "#2ũ +#ũ /.8 -ũ '.1 ēũ Ėũ 84"#ũ ũ+ ũ - 341 +#9 ēũ
$&75,= '( /$ 3(/Ì&8/$ (9(1 021(<
5
}
(1*$f2 6Ì0%2/2 '( 7$17$/,2
6Ì0%2/2 '( 12%(/,2
$&(,7(
34 13ũ (33+#ũĉũ
Ċŋ
ũ ĔũĈĉĖćć
ŗũ ũBW i[Yk[bW Z[ bW f[b YkbW Z[ '/// ZedZ[ i[ _dYbko[d c|i
+#22 -"1.ũ ! 1+ 33(
f[hiedW`[i Z[b b_Xhe _d\Wdj_b ^ec d_ce Z[ ;$8$ M^_j[$ ;b lWb_[dj[ o f[gk[ e ^ he[" IjkWhj B_jjb[ h[]h[iW fWhW Z[# b[_jWh Wb f Xb_Ye Yed kdW dk[# lW Wl[djkhW bb[dW Z[ WYY_ d$ ;ijW l[p" ^Wo Zei f[hiedW`[i dk[lei [d bW \Wc_b_W B_jjb[1 kdW ^[hcWdW Z[ dk[l[ c[i[i bbWcWZW CWhj^W o kd f|`Whe bb[de Z[ l_ZW bbWcWZe CWh]W# be" gk_[d Yedgk_ijW W IjkWhj$
ĸĈďďćıĈĐĉĎĹ
ŗũ ũJ[ be]e bkj[hWde o Wijh de# ce Wb[c|d gk[ kd Z W Yece ^eo Z[ ','' eXi[hlW o fkXb_YW feh fh_c[hW l[p bWi cWdY^Wi [d [b Ieb Wb eXi[hlWh [b Y_[be Yed kd j[b[iYef_e$ ;b [ijkZ_e Z[ bWi cWdY^Wi iebWh[i Wi Yece Z[ bW fh_c[hW [ijh[bbW Z[ Xh_bbe lWh_WXb[ Z[ bW gk[ [b ckdZe eY# Y_Z[djWb ceZ[hde jec h[]_ijhe [d '+/, Äbk[]e bbWcWZW ÈC_hWÉ o ^eo i[]k_ZW feh c_bbed[i Z[ WÒY_edWZeiÄ ied iki Zei fh_dY_fWb[i Z[iYkXh_c_[djei Wijhed c_Yei$ 7feo bW j[i_i Z[ =_ehZWde 8hkde o @e^Wdd[i A[fb[h Z[ gk[ [b Z_iYe iebWh hejWXW ieXh[ ik fhef_e [`[$
: ũ }
+ũÌ+3(,.ũ,.-.ũ"#ũ 41./ ũ -3#2ũ"#ũ24ũ#73(-!(¢ ěũ B[p[jn_a_ [i YedeY_ZW _dj[h#
dWY_edWbc[dj[ feh i[h kdW Z[ bWi feYWi ]hkjWi [d bWi gk[ i[ ^Wd beYWb_pWZe h[ijei ^kcWdei \ i_b[i" [d YedYh[je Zei Z_[dj[i d[WdZ[hjWb[i" o kd ^ c[he Z[ kdW ck`[h Wjh_Xk_Ze W kdW [if[# Y_[ Wdj[h_eh" Z[dec_dWZW È^ece ^[_Z[bX[h][di_iÉ$ I_d [cXWh]e" kde Z[ bei bj_# cei ck[ijh[ei h[i[hlWXW kdW iehfh[iW W bei _dl[ij_]WZeh[i" gk[ Yedj[cfbWhed f[hfb[`ei Y ce [b ikXik[be Z[ bW ]hkjW Z[# `WXW Wb Z[iYkX_[hje kd f_[pW [n#
jhWehZ_dWh_W$ Kd ^k[ie gk[" [d kd fh_c[h cec[dje" b[i Yeij _Z[dj_ÒYWh$ JhWi ^ehWi Z[ Z_igk_i_Y_ed[i" bei Whgk[ be]ei Yed\_hcWhed iki fh_c[hWi ieif[Y^Wi0 [b \ i_b f[hj[d[Y W W kd ÈcWYWYe Z[ X[h# X[h WÉ" c|i YedeY_Ze [d ;ifW W Yece Ècede Z[ =_XhWbjWhÉ$ I[] d ^W [nfb_YWZe [b Z_h[Yjeh Z[ bWi [nYWlWY_ed[i" ÛblWhe 7hh_# pWXWbW]W" Wdj[i Z[b ^WbbWp]e Z[ B[# p[jn_a_ i[ Yh[ W gk[ [d [iW feYW oW de l_l Wd cWYWYei jWd Wb dehj[" feh be gk[ ij[ i_c_e Z[X_ Z[ i[h Ækde
Z[ bei bj_cei cedei gk[ ^WX_jW# hed [d ;khefW o [b c|i ceZ[hde h[Ykf[hWZe ^WijW [b cec[dje [d bW f[d dikbWÇ$
āĂ
ŏĀĂŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
ŏĀĂŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
āă
5HS~EOLFD GHO (FXDGRU 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV ,QWHQGHQFLD 1DFLRQDO GH ,QVWLWXFLRQHV )LQDQFLHUDV
(17,'$' &223(5$7,9$ ´ '( -8/,2µ /7'$
&2',*2 2),&,1$
2),&,1$ (1 &$<$0%(
%$/$1&( &2162/,'$'2 < &21'(16$'2 (Q XQLGDGHV GH GyODU
&2',*2
'(6&5,3&,21
)21'26 ',6321,%/(6 &DMD 'HSyVLWRV SDUD HQFDMH %DQFRV \ RWUDV LQVWLWXFLRQHV À QDQFLHUDV (IHFWRV GH FREUR LQPHGLDWR 5HPHVDV HQ WUiQVLWR 23(5$&,21(6 ,17(5%$1&$5,$6 ,19(56,21(6 3DUD QHJRFLDU GH HQWLGDGHV GHO VHFWRU SULYDGR 3DUD QHJRFLDU GHO HVWDGR R GH HQWLGDGHV GHO VHFWRU S~EOLFR 'LVSRQLEOHV SDUD OD YHQWD GH HQWLGDGHV GHO VHFWRU SULYDGR 'LVSRQLEOHV SDUD OD YHQWD GHO HVWDGR R GH HQWLGDGHV GHO VHFWRU S~EOLFR 0DQWHQLGDV KDVWD HO YHQFLPLHQWR GH HQWLGDGHV GHO VHFWRU SULYDGR 0DQWHQLGDV KDVWD HO YHQFLPLHQWR GHO HVWDGR R GH HQWLGDGHV GHO VHFWRU S~EOLFR 'H GLVSRQLELOLGDG UHVWULQJLGD 3URYLVLyQ SDUD LQYHUVLRQHV &$57(5$ '( &5(',726 &DUWHUD GH FUpGLWRV FRPHUFLDO SRU YHQFHU 'H D GtDV 'H D GtDV 'H PiV GH GtDV &DUWHUD GH FUpGLWRV GH FRQVXPR SRU YHQFHU 'H D GtDV 'H D GtDV 'H PiV GH GtDV &DUWHUD GH FUpGLWRV GH YLYLHQGD SRU YHQFHU 'H D GtDV 'H D GtDV 'H PiV GH GtDV &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD SRU YHQFHU 'H D GtDV 'H D GtDV 'H PiV GH GtDV &DUWHUD GH FUpGLWRV FRPHUFLDO UHHVWUXFWXUDGD SRU YHQFHU &DUWHUD GH FUpGLWRV GH FRQVXPR UHHVWUXFWXUDGD SRU YHQFHU &DUWHUD GH FUpGLWRV GH YLYLHQGD UHHVWUXFWXUDGD SRU YHQFHU &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD UHHVWUXFWXUDGD SRU YHQFHU &DUWHUD GH FUpGLWRV FRPHUFLDO TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV GH FRQVXPR TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV GH YLYLHQGD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV FRPHUFLDO UHHVWUXFWXUDGD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV GH FRQVXPR UHHVWUXFWXUDGD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV GH YLYLHQGD UHHVWUXFWXUDGD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD UHHVWUXFWXUDGD TXH QR GHYHQJD LQWHUHVHV &DUWHUD GH FUpGLWRV FRPHUFLDO YHQFLGD &DUWHUD GH FUpGLWRV GH FRQVXPR YHQFLGD &DUWHUD GH FUpGLWRV GH YLYLHQGD YHQFLGD &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD YHQFLGD &DUWHUD GH FUpGLWRV FRPHUFLDO UHHVWUXFWXUDGD YHQFLGD &DUWHUD GH FUpGLWRV GH FRQVXPR UHHVWUXFWXUDGD YHQFLGD &DUWHUD GH FUpGLWRV GH YLYLHQGD UHHVWUXFWXUDGD YHQFLGD &DUWHUD GH FUpGLWRV SDUD OD PLFURHPSUHVD UHHVWUXFWXUDGD YHQFLGD 3URYLVLRQHV SDUD FUpGLWRV LQFREUDEOHV '(8'25(6 325 $&(37$&,21(6 &8(17$6 325 &2%5$5 % 5($/ $'- 3$*2 $55(1 0(5& < 12 87,/,=$'26 (17,'$' 3523,('$'(6 < (48,32 27526 $&7,926 ,QYHUVLRQHV HQ DFFLRQHV \ SDUWLFLSDFLRQHV 2WUDV FXHQWDV GH ´RWURV DFWLYRVµ 3URYLVLyQ SDUD RWURV DFWLYRV LUUHFXSHUDEOHV 727$/ '(/ $&7,92 727$/ *(1(5$/ '(/ $&7,92 < *$6726 $&5(('25$6 $YDOHV )LDQ]DV \ JDUDQWtDV &DUWDV GH FUpGLWR &UpGLWRV DSUREDGRV QR GHVHPEROVDGRV &RPSURPLVRV IXWXURV 7tWXORV \ GRFXPHQWRV HPLPLWRV SRU PHUFDGHUtDV UHFLELGDV &RPSUDV D IXWXUR HQ PRQHGD QDFLRQDO 9HQWDV D IXWXUR HQ PRQHGD H[WUDQMHUD 2EOLJDFLRQHV HQ RSFLRQHV 2EOLJDFLRQHV SRU RSHUDFLRQHV VZDS 2WUDV RSHUDFLRQHV D IXWXUR 2WUDV FXHQWDV FRQWLQJHQWHV DFUHHGRUDV 727$/ &8(17$6 &217,1*(17(6 727$/ &8(17$6 '( 25'(1
727$/
&2',*2
'(6&5,3&,21
2%/,*$&,21(6 &21 (/ 38%/,&2 'HSyVLWRV D OD YLVWD 2SHUDFLRQHV GH UHSRUWR 'HSyVLWRV D SOD]R 'H D GtDV 'H D GtDV 'H D GtDV 'H D GtDV 'H PiV GH GtDV 'HSyVLWRV SRU FRQÀ UPDU 'HSyVLWRV GH JDUDQWtD GHSzVLWRV UHVWULQJLGRV 23(5$&,21(6 ,17(5%$1&$5,$6 2%/,*$&,21(6 ,10(',$7$6 $&(37$&,21(6 (1 &,5&8/$&,21 &8(17$6 325 3$*$5 2%/,*$&,21(6 ),1$1&,(5$6 9$/25(6 (1 &,5&8/$&,21 2%/,* &219 $&&,21(6 < $3 )8785$6 &$3 27526 3$6,926 727$/ '(/ 3$6,92 &$3,7$/ 62&,$/ &DSLWDO SDJDGR $FFLRQHV HQ WHVRUHUtD $SRUWHV GH VRFLRV 35,0$ 2 '(6&8(172 (1 &2/2&$&,21 $&&,21(6 5(6(59$6 /HJDOHV *HQHUDOHV (VSHFLDOHV 5HVHUYD SDUD UHDGTXLVLFLyQ GH DFFLRQHV SURSLDV 5HYDORUL]DFLyQ GHO SDWULPRQLR 3RU UHVXOWDGRV QR RSHUDWLYRV 27526 $3257(6 3$75,021,$/(6 683(5$9,7 325 9$/8$&,21(6 5(68/7$'26 8WLOLGDGHV R H[FHGHQWHV DFXPXODGRV 3pUGLGDV DFXPXODGDV 8WLOLGDG GHO HMHUFLFLR 3pUGLGD GHO HMHUFLFLR 727$/ '(/ 3$75,021,2 727$/ *(1(5$/ '( 3$6,92 3$75,021,2 ( ,1*5(626 $1(;2 &8(17$6 '( 25'(1 '(8'25$6 $FWLYRV FDVWLJDGRV 2SHUDFLRQHV DFWLYDV FRQ HPSUHVDV YLQFXODGDV 2SHUDFLRQHV DFWLYDV FRQ HQWLGDGHV GHO JUXSR À QDQFLHUR 2WUDV FXHQWDV GH RUGHQ GHXGRUHV $&5(('25$6 2SHUDFLRQHV SDVLYDV FRQ HPSUHVDV YLQFXODGDV 2SHUDFLRQHV SDVLYDV FRQ HPSUHVDV VXEVLGLDULDV \ DÀ OLDGDV 'HSyVLWRV \ RWUDV FDSWDFLRQHV QR FXELHUWDV SRU OD $*' 2WUDV FXHQWDV GH RUGHQ DFUHHGRUDV
'(6&5,3&,21
3$5&,$/
,1*5(626 ),1$1&,(526 ,QWHUHVHV \ GHVFXHQWRV JDQDGRV &RPLVLRQHV JDQDGDV 8WLOLGDGHV À QDQFLHUDV ,QJUHVRV SRU VHUYLFLRV (*5(626 ),1$1&,(526 ,QWHUHVHV FDXVDGRV &RPLVLRQHV FDXVDGDV 3pUGLGDV À QDQFLHUDV 0$5*(1 %5872 ),1$1&,(52 27526 ,1*5(626 < *$6726 23(5$&,21$/(6 ,1*5(626 23(5$&,21$/(6 2WURV LQJUHVRV RSHUDFLRQDOHV (*5(626 23(5$&,21$/(6 *DVWRV GH RSHUDFLyQ 2WUDV SpUGLGDV RSHUDFLRQDOHV 0$5*(1 23(5$&,21$/ $17(6 3529,6,21(6 3529,6,21(6 '(35(&,$&,21(6 < $0257,=$&,21(6 3URYLVLRQHV 'HSUHFLDFLRQHV $PRUWL]DFLRQHV 0$5*(1 23(5&,21$/ 1(72 ,1*5(626 < *$6726 12 23(5$&,21$/(6 2WURV LQJUHVRV 2WURV JDVWRV \ SpUGLGDV 87,/,'$' $17(6 '( ,038(6726 < 3$57,&,3$&,21(6 3DUWLFLSDFLyQ WUDEDMDGRUHV 87,/,'$' $17(6 '( ,038(6726 ,11)$ ,PSXHVWR ,11)$ %$6( ,0321,%/( ,038(672 $ /$ 5(17$ ,PSXHVWR D OD UHQWD 5(68/7$'26 '(638(6 '( ,038(6726 < 75$%$-$'25(6
5(17$%,/,'$'
D 5(1',0,(172 23(5$7,92 62%5( $&7,92 52$ E 5(1',0,(172 62%5( 3$75,021,2 52(
/,48,'(=
D )21'26 ',6321,%/(6 727$/ '(326,726 $ &2572 3/$=2 E &2%(5785$ 0$<25(6 '(326,7$17(6 F &2%(5785$ 0$<25(6 '(326,7$17(6
/&'2 ('8$5'2 $*8,55( *( 5(1 7( *( 1( 5$/
6(&725
$
727$/
5,(6*2 $
3529,6,21(6 5(48(5,'$6
3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '()
727$/
5,(6*2 $
3529,6,21(6 5(48(5,'$6
3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '()
727$/
5,(6*2 $
3529,6,21(6 5(48(5,'$6
3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '()
727$/
5,(6*2
3529,6,21(6 5(48(5,'$6
3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '()
5(680(1 '( /$ &$/,),&$&,21 '( 27526 $&7,926 < &2167,78&,21 '( 3529,6,21(6 $ % & ' (
% ,19(56,21(6 9$/25 120,1$/ 3$5$ 1(* (17 6(&725 35,9$'2 3$5$ 1(* (67$'2 2 (17 6(&725 38%/,&2 ',63 3$5$ 9(17$ '(/ 6(&725 35,9$'2 ',63 9(17$ (67$'2 2 (17 6(&725 38%/,&2 727$/ ,19(56,21(6 9$/25 (1 /,%526 0$17(1,'$6 9(1&,0,(172 6(&725 35,9$'2 0$17 9(1&,0,(172 (67 2 (17 6(&725 38%/,&2 '( ',6321,%,/,'$' 5(675,1*,'$ '(5(&+26 ),'8&,$5,26 ,19(56,21(6 727$/ % 27526 $&7,926 727$/ 5,(6*2 5,(6*2 1250$/ 5,(6*2 327(1&,$/ '(),&,(17( '8'262 5(&$8'2 3(5','$ (9$/8$'2 12 (9$/8$'2 7 2 7 $ / '( 27526 $&7,926 (9$/8$'2 > (YDOXDGD 7RWDO @ '( 5,(6*2 27526 $&7,926 (9$/8$'2 > 3URY 5HTXHULGD (YDOXDGR @ 3(5','$ (67,0$'$ 27526 $&7,926 >7RWDOHV [ 5LHVJR 2WURV $FWLYRV (YDOXDGD@
$ % & ' (
9$/25 0(5&$'2 3529,6,21(6 5(48(5,'$6 3529,6,21(6 5(48(5,'$6
3529,6,21(6 *(1(5,&$ 3529,6,21(6 &2167,78,'$6 3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '() 3529,6,21(6 (;&(6 2 '()
%
727$/
5,(6*2
3529,6,21(6 5(48(5,'$6
3529,6,21(6 &2167,78,'$6
3529,6,21(6 (;&(6 2 '()
%,(1(6 (1 '$&,21 5,(6*2 1250$/ 5,(6*2 327(1&,$/ '(),&,(17( '8'262 5(&$8'2 3(5','$ 7 2 7 $ /
5(/$&,Ð1 (175( (/ 3$75,021,2 7e&1,&2 727$/ < /26 $&7,926 < &217,1*(17(6 321'(5$'26 325 5,(6*2
(1 8 6 'Ð/$5(6
&5(',726 &20(5&,$/(6 $ 5,(6*2 1250$/ % 5,(6*2 327(1&,$/ & '(),&,(17( ' '8'262 5(&$8'2 ( 3(5','$ 7 2 7 $ / &5(',726 '( &216802 $ 5,(6*2 1250$/ % 5,(6*2 327(1&,$/ & '(),&,(17( ' '8'262 5(&$8'2 ( 3(5','$ 7 2 7 $ / &5(',726 3$5$ /$ 9,9,(1'$ $ 5,(6*2 1250$/ % 5,(6*2 327(1&,$/ & '(),&,(17( ' '8'262 5(&$8'2 ( 3(5','$ 7 2 7 $ / &5(',726 3$5$ 0,&52(035(6$ $ 5,(6*2 1250$/ % 5,(6*2 327(1&,$/ & '(),&,(17( ' '8'262 5(&$8'2 ( 3(5','$ 7 2 7 $ / 7 2 7 $ / * ( 1 ( 5 $ /
/RV LQWHUHVHV \ FRPLVLRQHV VH UHYHUVDQ SRU QR KDEHU VLGR FDQFHODGRV GHQWUR GH ORV GtDV SRVWHULRUHV D VX H[LJLELOLGDG GH SDJR VH UHJLVWUDUiQ SDUD HIHFWRV GH FRQWURO HQ OD VXEFXHQWD GH RUGHQ ´,QWHUHVHV HQ VXVSHQVR 9HQFLGRV ,JXDO SURFHGLPLHQWR VH HIHFWXDUi SDUD HO UHYHUVR D ORV GtDV GH ODV FXRWDV R GLYLGHQGRV GH ORV FUpGLWRV GH DPRUWL]DFLyQ JUDGXDO GH OD FDUWHUD FRPHUFLDO \ GH YLYLHQGD D ORV TXLQFH GtDV OD FDUWHUD GH FRQVXPR \ D ORV FLQFR GtDV HQ ODV RSHUDFLRQHV GH PLFURFUpGLWR
727$/
,167,78&,21 D &2%(5785$ 3$75,021,$/ '( $&7,926 D 3$75,021,2 7(&1,&2 &2167,78,'2 $&7,926 < &217,1*(17(6 321'(5$'26 325 5,(6*2 E 3$75,021,2 6(&81'$5,2 96 3$75,021,2 35,0$5,2 D 02526,'$' %587$ 727$/ E 02526,'$' &$57(5$ &20(5&,$/ F 02526,'$' &$57(5$ &216802 G 02526,'$' &$57(5$ 9,9,(1'$ H 02526,'$' &$57(5$ 0,&52(035(6$ I 3529,6,21(6 &$57(5$ &5(' ,0352' J &2%(5785$ '( /$ &$57(5$ &20(5&,$/ K &2%(5785$ '( /$ &$57(5$ '( &216802 , &2%(5785$ '( /$ &$57(5$ '( 9,9,(1'$ - &2%(5785$ '( /$ &$57(5$ '( 0,&52(035(6$ D $&7,926 352'8&7,926 3$6,926 &21 &2672 E *5$'2 '( $%625&,21 *DVWRV RSHUDFLRQDOHV PDUJHQ À QDQFLHUR F *DVWRV GH SHUVRQDO $FWLYR WRWDO SURPHGLR G *DVWRV 2SHUDWLYRV $FWLYR WRWDO SURPHGLR
/D FDUWHUD FRPHUFLDO YHQFLGD VH UHJLVWUD HQ OD UHVSHFWLYD FXHQWD D ORV GtDV TXH HO GRFXPHQWR VH YHQFLy \ ORV LQWHUHVHV \ FRPLVLRQHV JDQDGRV \ QR FREUDGRV VH UHYHUVDQ GH ODV FXHQWDV GH UHVXOWDGRV D ORV GtDV \ VH UHJLVWUDQ SDUD HIHFWRV GH FRQWURO HQ XQD FXHQWD GH RUGHQ 3DUD HO FDVR GH FXRWDV R GLYLGHQGRV GH OD FDUWHUD FRPHUFLDO \ GH YLYLHQGD YHQFLGDV FRQ JDUDQWtD KLSRWHFDULD VH WUDQVÀ HUHQ D OD FXHQWD FRUUHVSRQGLHQWH GH YHQ FLGR D ORV GtDV SRVWHULRUHV D OD IHFKD GH YHQFLPLHQWR GH OD RSHUDFLyQ VLQ SHUMXLFLR GHO FREUR GH ORV LQWHUHVHV GH PRUD FRUUHVSRQGLHQWHV /D FDUWHUD GH FRQVXPR VH UHJLVWUDUiQ ORV VDOGRV HQ FDUWHUD YHQFLGD D ORV TXLQFH GH VHU H[LJLEOHV \ ODV RSHUDFLRQHV GH PLFURFUpGLWR D ORV FLQFR GtDV
,1',&$'25(6 ),1$1&,(526 &$3,7$/ 62/9(1&,$ &$/,'$' '( $&7,926 0$1(-2 $'0,1,675$7,92
127$6 7e&1,&$6
(67$'2 '( 3(5','$6 < *$1$1&,$6 &2162/,'$'2 < &21'(16$'2 (Q 86' GyODUHV
&2',*2
727$/
$f2 0(6 ',$
5(680(1 '( /$ &$/,),&$&,21 '( &$57(5$ '( &5(',726 < &217,1*(17(6 < &2167,78&,21 '( 3529,6,21(6
&2',*2 0(126 $
'(6&5,3&,21 &DSLWDO VRFLDO 3ULPD HQ FRORFDFLyQ GH DFFLRQHV 5HVHUYDV OHJDOHV 5HVHUYDV JHQHUDOHV 5HVHUYDV SDUD IXWXUDV &DSLWDOL]DFLRQHV 2WURV DSRUWHV SDWULPRQLDOHV 8WLOLGDGHV R H[FHGHQWHV DFXPXODGRV ² VDOGRV DXGLWDGRV 3pUGLGDV DFXPXODGDV ² VDOGRV DXGLWDGRV 3UpVWDPR VXERUGLQDGR $SRUWHV SDUD IXWXUD FDSLWDOL]DFLyQ 3OXVYDOtD PHUFDQWLO 'HVFXHQWR HQ FRORFDFLyQ GH DFFLRQHV 727$/ 3$75,021,2 7(&1,&2 35,0$5,2 3$75,021,2 7(&1,&2 6(&81'$5,2
9$/25
&2',*2 '(6&5,3&,21 9$/25 2EOLJDFLRQHV FRQYHUWLEOHV HQ DFFLRQHV GHXGD VXERUGLQDGD D SOD]R 5HVHUYDV HVSHFLDOHV 5HVHUYDV SRU UHYDORUL]DFLyQ GHO SDWULPRQLR UHVHUYDV SRU UHVXOWDGRV QR RSHUDWLYRV VXSHUiYLW SRU YDOXDFLRQHV 8WLOLGDGHV R H[FHGHQWHV DFXPXODGRV 3pUGLGDV DFXPXODGDV 8WLOLGDG GHO HMHUFLFLR 3pUGLGD GHO HMHUFLFLR ² ,QJUHVRV PHQRV JDVWRV 0$6 YDORU DEVROXWR 3URYLVLyQ JHQHUDO SDUD FDUWHUD GH FUpGLWRV 0(126 'HÀ FLHQFLD GH SURYLVLRQHV DPRUWL]DFLRQHV \ GHSUHFLDFLRQHV 3pUGLGDV DFWLYDGDV TXH IXHUHQ GHWHFWDGDV D WUDYpV GH DXGLWRUtDV GH OD SURSLD HQWLGDG GH OD 6XSHULQWHQGHQFLD GH %DQFRV R GH ODV DXGLWRUtDV H[WHUQDV \ HO YDORU GH ORV DXPHQWRV GH FDSLWDO UHDOL]DGRV FRQWUDYLQLHQGR ODV GLVSRVLFLRQHV GHO DUWtFXOR GH OD &RGLÀ FDFLyQ GH OD /H\ *HQHUDO GH ,QVWLWXFLRQHV GHO 6LVWHPD )LQDQFLHUR 'LYLGHQGRV SDJDGRV SRU DQWLFLSDGR % 727$/ 3$75,021,2 7(&1,&2 6(&81'$5,2 & $ % 3$75,021,2 7(&1,&2 727$/ 0(126 (O FDSLWDO DVLJQDGR D XQD VXFXUVDO R DJHQFLD HQ HO H[WHULRU /RV UHTXHULPLHQWRV GH SDWULPRQLR WpFQLFR GH ODV HQWLGDGHV TXH GH DFXHUGR FRQ ODV GLVSRVLFLRQHV YLJHQWHV DVt OR UHTXLHUDQ (O YDORU SDWULPRQLDO SURSRUFLRQDO GH DTXHOODV HQWLGDGHV TXH QR UHTXLHUHQ GH OD FRQIRUPDFLyQ GH XQ SDWULPRQLR WpFQLFR ,QYHUVLRQHV HQ RWUDV LQVWLWXFLRQHV GHO VLVWHPD À QDQFLHUR TXH ODV FRQYLHUWDQ HQ VXEVLGLDULD R DÀ OLDGD GH GLFKD LQVWLWXFLyQ /RV VDOGRV UHJLVWUDGRV HQ OD FXHQWD ´$QWLFLSR SDUD DGTXLVLFLyQ GH DFFLRQHVµ FXDQGR FRUUHVSRQGDQ D LQYHUVLRQHV HQ DFFLR QHV DQWLFLSRV HQ OD FDSLWDOL]DFLyQ R FRQVWLWXFLyQ GH FRPSDxtDV VXEVLGLDULDV R DÀ OLDGDV ' '('8&&,21(6 $/ 3$75,021,2 7(&1,&2 727$/ ( & ' 3$75,021,2 7(&1,&2 &2167,78,'2 $&7,926 < &217,1*(17(6 321'(5$'26 325 5,(6*2 $FWLYRV SRQGHUDGRV FRQ $FWLYRV SRQGHUDGRV FRQ $FWLYRV SRQGHUDGRV FRQ $FWLYRV SRQGHUDGRV FRQ $FWLYRV SRQGHUDGRV FRQ $FWLYRV SRQGHUDGRV FRQ ) 727$/ $&7,926 < &217,1*(17(6 321'(5$'26 325 5,(6*2 326,&,21 5(48(5,0,(172 < 5(/$&,21 '( 3$75,021,2 7(&1,&2 * ) [ + ( *
3$75,021,2 7(&1,&2 5(48(5,'2 (;&('(17( 2 '(),&,(1&,$ '( 3$75,021,2 7(&1,&2 5(48(5,'2 $&7,926 727$/(6 < &217,1*(17(6 [
/&'2 ,9$1 %(1$9,'(6 $8 ', 725 ,1 7(5 12
&D\DPEH (FXDGRU )HEUHUR GH ',&7$0(1 '( /26 $8',725(6 (;7(5126 ,1'(3(1',(17(6 $ ORV 0LHPEURV GH OD $VDPEOHD \ &RQVHMR GH $GPLQLVWUDFLyQ GH OD &RRSHUDWLYD GH $KRUUR \ &UpGLWR ´ GH -XOLRµ /WGD ,QIRUPH VREUH ORV HVWDGRV À QDQFLHURV +HPRV DXGLWDGR ORV HVWDGRV À QDQFLHURV TXH VH DFRPSDxDQ GH OD &RRSHUDWLYD GH $KRUUR \ &UpGLWR ´ GH -XOLRµ /WGD TXH FRPSUHQGHQ HO EDODQFH JHQHUDO DO GH GLFLHPEUH GHO \ ORV FRUUHVSRQGLHQ WHV HVWDGRV GH UHVXOWDGRV GH HYROXFLyQ GHO SDWULPRQLR \ GH Á XMRV GH HIHFWLYR SRU HO DxR WHUPLQDGR HQ HVD IHFKD \ XQ UHVXPHQ GH ODV SROtWLFDV FRQWDEOHV VLJQLÀ FDWLYDV \ RWUDV QRWDV H[SOLFDWLYDV 5HVSRVDELOLGDG GH OD $GPLQLVWUDFLyQ GH OD &RRSHUDWLYD SRU ORV HVWDGRV À QDQFLHURV /D DGPLQLVWUDFLyQ GH OD &RRSHUDWLYD HV UHVSRQVDEOH SRU OD SUHSDUDFLyQ \ SUHVHQWDFLyQ UD]RQDEOH GH HV WRV HVWDGRV À QDQFLHURV GH DFXHUGR FRQ QRUPDV FRQWDEOHV HVWDEOHFLGDV SRU OD 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV GHO (FXDGRU (VWD UHVSRQVDELOLGDG LQFOX\H HO GLVHxR OD LPSOHPHQWDFLyQ \ HO PDQWHQLPLHQWR GH FRQWUROHV LQWHUQRV UHOHYDQWHV SDUD OD SUHSDUDFLyQ \ SUHVHQWDFLyQ UD]RQDEOH GH HVWDGRV À QDQFLHURV TXH QR HVWpQ DIHFWDGRV SRU GLVWRUVLRQHV VLJQLÀ FDWLYDV VHDQ pVWDV FDXVDGDV SRU IUDXGH R HUURU PHGLDQWH OD VHOHF FLyQ \ DSOLFDFLyQ GH SROtWLFDV FRQWDEOHV DSURSLDGDV \ OD HODERUDFLyQ GH HVWLPDFLRQHV FRQWDEOHV UD]RQDEOHV GH DFXHUGR FRQ ODV FLUFXQVWDQFLDV 7DO FRPR VH H[SOLFD HQ OD 1RWD ORV HVWDGRV À QDQFLHURV PHQFLRQDGRV HQ HO SULPHU SiUUDIR KDQ VLGR SUHSDUDGRV VREUH OD EDVH GH QRUPDV FRQWDEOHV HVWDEOHFLGDV SRU OD 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV GHO (FXDGRU ODV FXDOHV GLÀ HUHQ GH ODV 1RUPDV ,QWHUQDFLRQDOHV GH ,QIRUPDFLyQ )LQDQFLHUD (VWDV EDVHV GH SUHSDUDFLyQ IXHURQ DGRSWDGDV SDUD DWHQGHU ODV GLVSRVLFLRQHV HPLWLGDV SRU OD 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV GHO (FXDGRU SRU HVWD UD]yQ ORV HVWDGRV À QDQFLHURV QR GHEHQ VHU XVDGRV SDUD RWURV SURSyVLWRV 5HVSRQVDELOLGDG GHO $XGLWRU 1XHVWUD UHVSRQVDELOLGDG HV H[SUHVDU XQD RSLQLyQ VREUH HVWRV HVWDGRV À QDQFLHURV EDVDGRV HQ QXHVWUD DXGLWRUtD 1XHVWUD DXGLWRUtD IXH HIHFWXDGD GH DFXHUGR FRQ 1RUPDV ,QWHUQDFLRQDOHV GH $XGLWRUtD \ $VHJXUDPLHQWR 'LFKDV QRUPDV UHTXLHUHQ TXH FXPSODPRV FRQ UHTXHULPLHQWRV pWLFRV \ SODQLÀ TXHPRV \ UHDOLFHPRV OD DXGLWRUtD SDUD REWHQHU FHUWH]D UD]RQDEOH GH TXH ORV HVWDGRV À QDQFLHURV QR HVWiQ DIHFWDGRV SRU GLVWRUVLRQHV VLJQLÀ FDWLYDV 8QD DXGLWRUtD FRPSUHQGH OD DSOLFDFLyQ GH SURFHGLPLHQWRV GHVWLQDGRV D OD REWHQFLyQ GH HYLGHQFLD GH DXGLWRUtD VREUH ORV VDOGRV \ UHYHODFLRQHV SUHVHQWDGDV HQ ORV HVWDGRV À QDQFLH URV /RV SURFHGLPLHQWRV VHOHFFLRQDGRV GHSHQGHQ GHO MXLYLR GHO DXGLWRU H LQFOX\HQ OD HYDOXDFLyQ GHO ULHVJR GH GLVWRUVLRQHV VLJQLÀ FDWLYDV HQ ORV HVWDGRV À QDQFLHURV SRU IUDXGH R HUURU $O HIHFWXDU HVWD HYDOXDFLyQ GH ULHVJR HO DXGLWRU WRPD HQ FRQVLGHUDFLyQ ORV FRQWUROHV LQWHUQRV GH OD &RRSHUDWLYD UHOHYDQWHV SDUD OD SUH SDUDFLyQ \ SUHVHQWDFLyQ UD]RQDEOH GH VXV HVWDGRV À QDQFLHURV D À Q GH GLVHxDU SURFHGLPLHQWRV GH DXGLWRUtD DGHFXDGRV D ODV FLUFXQVWDQFLDV SHUR QR FRQ HO SURSyVLWR GH H[SUHVDU XQD RSLQLyQ VREUH OD HIHFWLYLGDG GHO FRQWURO LQWHUQR GH OD &RRSHUDWLYD 8QD DXGLWRUtD WDPELpQ FRPSUHQGH OD HYDOXDFLyQ GH TXH ORV SULQFLSLRV GH FRQWDELOLGDG XWLOL]DGRV VRQ DSURSLDGRV \ GH TXH ODV HVWLPDFLRQHV FRQWDEOHV KHFKDV SRU OD $GPLQLVWUDFLyQ VRQ UD]RQDEOHV DVt FRPR XQD HYDOXDFLyQ GH OD SUHVHQWDFLyQ JHQHUDO GH ORV HVWDGRV À QDQFLHURV &RQVLG HUDPRV TXH OD HYLGHQFLD GH DXGLWRUtD TXH KHPRV REWHQLGR HV VXÀ FLHQWH \ DSURSLDGD SDUD SURSRUFLRQDU XQD EDVH SDUD H[SUHVDU QXHVWUD RSLQLyQ GH DXGLWRUtD
2SLQLyQ
(Q QXHVWUD RSLQLyQ ORV HVWDGRV À QDQFLHURV DUULED PHQVLRQDGRV SUHVHQWDQ UD]RQDEOHPHQWH HQ WRGRV ORV DVSHFWRV LPSRUWDQWHV OD VLWXDFLyQ À QDQFLHUD GH OD &RRSHUDWLYD GH $KRUUR \ &UpGLWR ´ GH -XOLRµ /WGD DO GH GLFLHPEUH GH \ ORV UHVXOWDGRV GH VXV RSHUDFLRQHV ODV YDULDFLRQHV HQ VX SDWULPRQLR \ VXV Á X MRV GH HIHFWLYR SRU HO DxR WHUPLQDGR HQ HVD IHFKD GH FRQIRUPLGDG FRQ ODV QRUPDV FRQWDEOHV HVWDEOHFLGDV SRU OD 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV GHO (FXDGRU
:LOOL %DPEHUJHU $VRFLDGRV &tD /WGD $ ( 1R GH OD 6XSHULQWHQGHQFLD GH %DQFRV \ 6HJXURV /FGR 0DUFR <pSH] & 35(6,'(17( 5(* &3$
'5$ 6$<5$ 321&( &217$'25$ *(1(5$/ 5(*,6752
$% FO
āą
ŏĀĂŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
ŏĀĂŏ ŏ ŏ ŏĂĀāāŏ
ŏ +. ŏ
(% ũ"#ũ .) 2#1;ũ#+ũ#04(/. 04#ũ"(1()
+ũ#231 3#% ũ .1%#ũ 1+.2ũ #%%#1Ĕũ#2ũ#+ũ-4#5.ũ3_!-(ı !.(ũ"#ũ (% ũ"#ũ .) Ĕũ2#%Ì-ũ+.ũ"(.ũ ũ!.-.!#1ũ#+ũ5(!#/1#ı 2("#-3#ũ"#+ũ!+4 Ĕũ (,#ũ (++ 5(!#-!(.ēũ +ũ"(1(%#-3#ũ/4-ı 34 +(9¢ũ04#ũ#23 ũ"#!(2(¢-ũ2#ũ3.,¢ũ+4#%.ũ"#ũ4-ũ -;+(2(2ũ /.1,#-.1(9 ".ũ"#ũ3." 2ũ+ 2ũ! 1/#3 2ũ/1#2#-3 " 2ēũ +ũ#-31#- ".1ũ 1%#-3(-.Ĕũ"#ũďĎũ .2Ĕũ++#% 1;ũ ũ !4 ".1ũ#+ũ,(_1!.+#2ũ8ũ24ũ/1#2#-3 !(¢-ũ!.-ũ+ ũ/+ -ı 3(++ ũ+.) - ũ2#1~ ũ#+ũ)4#5#2ũ -3#2ũ"#+ũ/ 13(".ũ$1#-3#ũ ũ #/.13(5.ũ 4(3.Ĕũ04#ũ2#1;ũ"(1(%(".ũ4- ũ5#9ũ,;2ũ"#ũ $.1, ũ(-3#1(- ũ/.1ũ (#%.ũ #1- -".ũ !'. ē
āĆ
0%!),+ (! 01. āĆŏ)%*ċ
ũ ũ ũ
Ë-(!.ũ +~"#1
J Yd_Ye Kd_l[hi_jWh_e WYkckbW (- kd_ZWZ[i" ]hWY_Wi W bW l_Yjeh_W Yed# i[]k_ZW ieXh[ Kd_l[hi_ZWZ 9Wj b_YW" [b jWdje WcXWj[ e \k[ Yedi[]k_Ze feh MWbZ[cWh 7YeijW$
^ ũ ē
Ĉ ć ēũ ¡
Č ć
ũ ũ
ēũ
Ĉ ć :
ēũ ũ
ũ
ēũ
ć Č
Č ĉ
ēũ
ď ć
Ä Ä‡
Ĺ? ĀĂĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. Ĺ?
4#+5#ĹŠ ĹŠ + ĹŠ/#+# ĹŠ
Bk[]e Z[ Yehh[]_h [hheh[i" ieXh[ jeZe [d bW Z[Ă’d_Y_ÂŒd" gk[ ĹŠ ĹŠ fWZ[Y_ÂŒ [d [b [d\h[d# jWc_[dje Wdj[ ?dZ[# f[dZ_[dj[ Z[b LWbb[" ;b DWY_edWb ]eb[ÂŒ Wb CWdjW <9 o lebl_ÂŒ W c[# j[hi[ [d f[b[W feh bei fk[ijei W bW 9efW IkZWc[h_YWdW$ 9bWhe gk[ de b[ \k[ \|Y_b" feh# gk[ [d [b fh_c[h j_[cfe [b [gk_#
Č Ĉ
fe Z[ CWh_e IWhWb[]k_" de fkZe l[dY[h [b Y[hhe`e Z[\[di_le fbWd# j[WZe feh =WXh_[b F[hhed[" gk[ jkle Yece fh_dY_fWb \_]khW Wb fehj[he :Wc_|d BWdpW$ ;d bW i[]kdZW c_jWZ bb[]Whed bei ]eb[i" feh _dj[hc[Z_e Z[ @kWd Bk_i 7dWd]edÂŒ" [d bei c_dkjei +& o +)" [b fh_c[he Wb Wfhel[Y^Wh kdW f[dW c|n_cW$ IWhWb[]k_ fkie [d [b YWcfe W Johed[ CWY‡Wi o W <WXh_Y_e =k[lWhW" [bbei b[ YWcX_Whed bW _cW][d W bei ĂˆYh_ebbeiÉ" `kije [d [b cec[dje [d [b gk[ [b [b[dYe cWdWX_jW WYehjÂŒ Z_ijWdY_Wi" W jhWlƒi Z[ @[Ăľ[hied D|`[hW" Wb c_dkje ,&$ Bei Ăˆc_b_jWh[iÉ jkl_[hed gk[ [if[hWh ^WijW [b c_dkje .+ fWhW h[if_hWh Yed jhWdgk_b_ZWZ" YkWd# Ze ;ZckdZe PkhW cWhYÂŒ [b j[hY[he$ @Wl_[h 9^_bW i[dj[dY_ÂŒ bW l_Yjeh_W ĂˆHe`WÉ" ,& i[]kdZei Z[ifkƒi ., $
ēŊ (% Ŋ"#Ŋ .) Ŋ 42!¢Ŋ/.1Ŋ3.".2Ŋ+.2Ŋ,#"(.2Ŋ+ Ŋ5(!3.1( ē
ÄĽ 1 5#241 ÄŚĹŠ"#ĹŠ 1#"#2 KdW ĂˆjhWl[ikhWÉ Z[ 7hcWdZe FWh[Z[i \k[ ik\_Y_[dj[ fWhW gk[ B_]W Z[ Be`W ikc[ jh[i fkdjei Wo[h [d ik [d\h[djWc_[dje Wdj[ [b Ebc[Ze Z[ H_eXWcXW$ ;b Yej[`e i[ Ykcfb_ÂŒ [d [b [i# jWZ_e H[_dW Z[b 9_id[ o W YkWjhe c_dkjei Z[b Ă’dWb [b ĂˆjhWl_[ieÉ FW# h[Z[i i[ Z[ijWfÂŒ Yed kd ]ebWpe gk[ ^_pe b[lWdjWh Z[ iki Wi_[djei W bei YWi_ + c_b Wi_ij[dj[i$ >WijW Wdj[i Z[ [bbe" fWh[Y‡W gk[ [b YkWZhe be`Wde kdW l[p c|i _XW W Y[Z[h fkdjei Yece beYWb$ ;b ]eb Z[ FWh[Z[i YWcX_ÂŒ [b hkcXe o
ĹŠ ĹŠ
Ĉ ć
Z[lebl_ÂŒ bW \[ W bW ^_dY^WZW be`WdW gk[ ^WijW [i[ _dijWdj[" i[ i[dj‡W Z[Y[fY_edWZW$ 7gk[bbW Z[Y[fY_ÂŒd fhel_de feh bW \WbjW Z[ Z[Ă’d_Y_ÂŒd [d bei Z[bWdj[hei be`Wdei$ ;d bei Z‡Wi fh[l_ei" [b :J _dj[h_de Z[ B_]W Z[ Be`W" :_[]e EY^eW" Wb_d[ÂŒ [d bWi fh|Yj_YWi W bei lebWdj[i FWh[Z[i o ;Z[h LWYW Yece j_jkbWh[i$ F[he" Wdj[ [b Eb# c[Ze" WcXei `k]WZeh[i WfWh[# Y_[hed [d [b i[]kdZe j_[cfe$ 9ed [bbei [b `k[]e Z[ B_]W Z[ Be`W c[`ehÂŒ f[he de \k[ be ikĂ’# Y_[dj[ Yece fWhW WXh_h [b cWhYW# Zeh$ >WijW gk[ FWh[Z[i cWhYÂŒ bW Z_\[h[dY_W Yed ik jWdje$
!#Ŋļ %( ČŊ#-Ŋ#+Ŋ! ,/. ēŊ
<hWdab_d [b ĂˆCW]eÉ IWbWi i[ Yedl_[hj[ [d [b fehjW [ijWdZWhj[ Z[b ?cXWXkhW" gk[ de f_[hZ[ Z[iZ[ bW ZkeZƒY_cW \[Y^W Z[b YWcf[edW# je dWY_edWb" [ijW l[p [cfWjÂŒ '#' [d YedZ_Y_ÂŒd Z[ l_i_jWdj[" \h[dj[ Wb :[fehj_le 9k[dYW$ IWbWi \k[ [b Wkjeh Z[ bW _]kWb# ZWZ [d [b c_dkje *+" bk[]e Z[ gk[ [b Yed`kdje beYWb i[ fkie [d l[djW`W W bei *&" W jhWlƒi Z[b ]e# b[WZeh `kl[d_b @kWd @eiƒ =el[W" [b h[cWj[ Z[b Z[bWdj[he ĂˆCehbWYeÉ i[
Ĉ Ĉ
Z[il_ÂŒ [d M_bied <ebb[Ye$ F[i[ W Zec_dWh ZkhWdj[ YWi_ jeZe [b [dYk[djhe" bei Z_h_]_Zei feh Bk_i Ieb[h \WbbWhed [d bW fkd# j_bbWZW Ă’dWb" be gk[ de b[i f[hc_# j_ÂŒ i[]k_h ikcWdZe [d bW jWXbW Z[ fei_Y_ed[i$ IWbWi ikcW eY^e jWdjei [d Z_[p fWhj_Zei Z[b YWcf[edWje dWY_edWb o YecfWhj[" Yed DWh# Y_ie C_dW Z[ ?dZ[f[dZ_[dj[" [b i[]kdZe bk]Wh Z[ bW jWXbW Z[ ]eb[WZeh[i" gk[ [i b_Z[hWZW feh CWn_c_b_Wde 8[lWYgkW gk[ j_[# d[ ')$
,#+#!ĹŠ2#ĹŠ ă -9
ĹŠ
.2ĹŠÄĽ 94+#2ÄŚĹŠ 24, -ŊĊĉŊ /4-3.2ĹŠ8ĹŠ+#2ĹŠ 2 ! -ĹŠÄŒĹŠ ĹŠ242ĹŠ 2#%4(".1#2ēŊŊ Fh[i[djWdZe YWi_ [b c_ice [gk_fe gk[ YWoÂŒ &#) Wdj[ Lƒb[p feh bW 9efW B_X[hjWZe# h[i" B_]W Z[ Gk_je f[hZ_ÂŒ '#& Yed ;c[b[Y" [d ik l_i_jW Wb [i# jWZ_e 9Wfm[bb feh bW ZƒY_ce i[njW \[Y^W Z[b YWcf[edWje dWY_edWb$ :ei lWh_Wdj[i h[Wb_pÂŒ [b [djh[dWZeh ĂˆC[h[d]k[É ;Z]WhZe 8WkpW" Wb fed[h W =[elWddo bW Ăˆ9kY^WhWÉ 9W_Y[# Ze [d bk]Wh Z[ @eh][ =kW]kW o Wb `kl[d_b CWhbed =WdY^eie feh @eiƒ LWb[dY_W$ F[i[ W bei YWcX_ei" bW fhe# fk[ijW Z[b jƒYd_Ye Wh][dj_de de lWh_ÂŒ" fWh|dZei[ Yed ehZ[d Wjh|i o YedjhW]ebf[WdZe YkWd# Ze [b h_lWb i[ be f[hc_j‡W$ BW h[ifk[ijW Z[ ik Yeb[]W" EcWh 7iWZ" \k[ Z[`Wh bW ][# d[hWY_ÂŒd Z[ \‘jXeb W ;Z_ied CƒdZ[p o Wb fWhW]kWoe <[h# dWdZe =_cƒd[p$ ;iei i_ij[cWi f[hc_j_[hed" W bei ^_dY^Wi gk[ bb[]Whed Wb [iY[dWh_e ]kWoWgk_b[‹e" c_hWh kd fh_c[h j_[cfe Yed feYWi bb[]WZWi W bWi fehj[h‡Wi o c|i `k[]e Z[ c[Z_e YWcfe" [d [b gk[ F[Zhe Gk_‹Œd[p o <[h# dWdZe =W_Xeh Z[b bWZe beYWb o Kb_i[i Z[ bW 9hkp o ;dh_gk[ L[hW" Z[ijWYWhed feh bW Z[i# jhkYY_ÂŒd Z[b f[b_]he$ ;b i[]kdZe j_[cfe jkle bW c_icW jÂŒd_YW" Yed kd ;c[b[Y i_dj_[dZe [b f[ie Z[ bW beYWb‡W o fhefed_[dZe [b `k[]e [d YWcfe Z[ B_]W" c_[djhWi gk[ bei ĂˆWpkY[dWiÉ
Â&#x; ēŊ "(2.-ĹŠ _-"#9Ŋĸ(904(#1" ĚŊ8ĹŠ .1 #13.ĹŠ 1 4).ĹŠ"#$#-"(#1.-ĹŠ+ ĹŠ ! ,(2#3 ĹŠ"#ĹŠ (% ĹŠ"#ĹŠ 4(3.ĹŠ#+ĹŠ  .ĹŠ/ 2 ".Ä“
+ ĹŠ"#ĹŠ/.2(!(.-#2
1¢7(, Ŋ$#!'
#!' ĹŠÄˆÄ?
.1- " ĹŠÄˆÄ?
ŗŊ -"#/#-"(#-3#Ŋ 41 Ŋ ŗŊ , ŗŊ +,#".Ŋ ŗŊ ēŊ 4(3.Ŋ ŗŊ 1!#+.- Ŋ ŗŊ (% Ŋ"#Ŋ 4(3.Ŋ
52ēŊ 52ēŊ 52ēŊ 52ēŊ 52ēŊ 52ēŊ
-3 ĹŠ ,#+#!ĹŠ 2/.+(
(% Ŋ"#Ŋ .) ēŊ 4#-! +Ŋ !(.- +
Z[\[dZ_[dZe [b WhYe Z[ 7b[nWd# Z[h :ec‡d]k[p o iWb_[dZe [d h|f_Zei YedjhW]ebf[i$ F[he bW Z[\[diW Ăˆ7bXWÉ iefeh# jÂŒ feh (+ c_dkjei Z[ bW i[]kdZW fWhj[" [b Wi[Z_e Ăˆ;bƒYjh_YeÉ" YkWdZe W bei (-" =W_Xeh Z[`ÂŒ ik fei_Y_ÂŒd [d bW lebWdj[ fWhW fbWdjWhi[ [d [b |h[W o h[Y_X_h kd fWi[ Z[ =_cƒd[p o cWhYWh bW ‘d_YW Z[b fWhj_Ze$ ;c[b[Y i[ WĂ’WdpW [d bW jWXbW Z[ fei_Y_ed[i" c_[djhWi gk[ B_]W Z[ Gk_je lk[bl[ ik c_hWZW Wb jeh# d[e Yedj_d[djWb$
04(/.2ĹŠ
,#+#!ĹŠ
(% Ŋ"#Ŋ 4(3.Ŋ ēŊ 4(3.Ŋ +Ŋ !(.- +Ŋ 1!#+.- Ŋ ēŊ 4#-! Ŋ
(% ĹŠ"#ĹŠ .) ĹŠ +,#".ĹŠ , 41 ĹŠ -3 ĹŠ ĹŠ -"#/#-"(#-3#ĹŠ 2/.+(ĹŠ
ĹŠ ÄˆÄŽĹŠ ÄˆÄŒĹŠ ÄˆÄŽĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ
ĹŠ ĊĉŊ ĉđŊ ĉđŊ ĉĎŊ ĉĉŊ ĉĉŊ ÄˆÄ’ĹŠ ÄˆÄ’ĹŠ ÄˆÄ‘ĹŠ ĈÄ?ĹŠ ĈÄ?ĹŠ ÄˆÄ‡ĹŠ
ĈĈ ĈČ Ĉĉ Ä’ Ĉ ÄąÄˆ Ĺĉ Ĺđ ÄąÄŒ ĹĒ ÄąÄˆÄˆ ÄąÄˆÄ‰
Ĉ ć
Äą
ļ (- ČŊ"#Ŋ%.+#2 ēŊ
9ece b[ ikY[Z_ÂŒ Wdj[ B_]W Z[ Be`W" ?cXWXkhW o Ebc[# Ze" [b :[fehj_le Gk_je lebl_ÂŒ W Y[Z[h fkdjei [d bei ‘bj_cei c_dkjei" [ijW l[p Wdj[ ?dZ[f[dZ_[dj[ Z[b LWbb[" gk[ be Z[hhejÂŒ )#( [d [b .*" Yed kd jWdje Z[ DWhY_ie C_dW" gk_[d \k[ [b Wkjeh Z[ bei jh[i ]eb[i Z[b YkWZhe Z_h_]_Ze feh 9Whbei I[l_bbW$ ;b Yecfhec_ie gk[ WXh_ÂŒ bW ZƒY_ce i[njW `ehdWZW Z[b YWc# f[edWje dWY_edWb" [cf[pÂŒ Z[ ]hWd \ehcW fWhW [b [b[dYe Ăˆ9^k#
ĉ Ċ
bbWÉ" fk[i Yed Zei WdejWY_ed[i Z[b ]eb[WZeh Z[b jehd[e CWn_# c_b_Wde 8[lWYgkW" c_dkjei / o '-" i[ fkie WZ[bWdj[ [d [b cWhYWZeh$ BW l[djW`W fWh[Y‡W _dikf[hW# Xb[" i_d [cXWh]e I[l_bbW" gk[ Z_# h_]_ÂŒ ik ‘bj_ce fWhj_Ze Z[iZ[ bW jh_XkdW feh kdW ikif[di_ÂŒd Z[b W‹e fWiWZe" cel_ÂŒ iki Ă’Y^Wi o [dl_ÂŒ W <[hdWdZe =k[hh[he o 7hcWdZe Ieb‡i W gk[ WYecfW# ‹[d W C_dW" gk_[d ^_pe [ijhW]ei [d bW Ă“e`W cWhYW fh[i[djWZW feh bei Z[ bW ĂˆFbWpW Z[b J[WjheÉ$ ;i Wi‡ gk[ Wb c_dkje () DWh#
ēŊ +Ŋ#+#-!.Ŋļ '4++ ČŊ5.+5(¢Ŋ Ŋ5#23(1Ŋ"#Ŋ + -!.Ŋ8Ŋ1.).Ŋ#-Ŋ#+Ŋ!.,Ĺ /1.,(2.Ŋ"#Ŋ 8#1ē
Y_ie _d_Y_ÂŒ ik Yk[djW f[hiedWb Yed [b fh_c[h jWdje" bei Zei h[i# jWdj[i bb[]Wh‡Wd [d bW i[]kdZW c_jWZ W bei +) o .*$ BW Z[hhejW ^_pe gk[ bei ^_d# Y^Wi Z[ bW Ăˆ7YWZ[c_WÉ f_ZWd bW iWb_ZW Z[ <WX_|d 8kijei$
(#23 ũ"#ũ$Ì3 .+ũ#2!.+ 1 #1;-ũ +1#"#".1ũ"#ũĉććũ/ 13(!(/ -3#2ũ"#ũČćũ #2!4#+ 2ũ#-ũ#+ũ ,/#.- 3.ũ 2!.+ 1ũ"#ũ Ì3 .+ũ ĉćĈĈũ"#ũ+ ũ! 3#%.1~ ũ24/#1(.1ē fWhj_Y_fWdj[i$ 7Z[c|i jeZei bei `k]WZeh[i Z[X[h|d fh[i[djWh bei YWhd i Z[ _diYh_fY_ d" YWie YedjhWh_e de feZh|d fWhj_Y_fWh [d [b `k[]e Ye# hh[ifedZ_[dj[$ 7kjeh_ZWZ[i Z[fehj_lWi Z[b
#-#1 +(" "#2 ,/#.- 3.
+ 2(ăũ! -ũ/ 1 ũ+ 2ũăũ- +#2ũ+.2ũ/1(,#1.2ũ"#ũ ŗ! " ũ2#1(#ũ, 2ũ+.2ũĊũ,#).1#2ũ2#%4-".2ũ"#ũ 3." 2ũ+ 2ũ2#1(#2ē
2ũ5.! +~ 2ũ+.ũ1# +(9 1 -ũ+.2ũ#234"( -3#2ũ ŗ"#ũ!4+341 ũ$~2(! ē
C_d_ij[h_e o <[Z[hWY_ d Z[ < jXeb d[e fWhW h[Wb_pWh feij[h_ehc[dj[ Wi_ij_h|d Yece l[[Zeh[i Z[b jeh# bWi YWfjWY_ed[i Z[fehj_lWi$
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
āā
+#-" 1(.2ũ .3#).2ũ#2!.+ 1#2
ćĒũ"#ũ 8.
+#-" 1(.2ũ
+#-" 1(.2ũ .3#).2ũ#2!.+ 1#2
ŗćđĖććũ ēũ ēũ #+ ũ 2ēũ .+(5 1( -. ŗćĒĖĈćũ #1. ,_1(! ũ 2ēũ ēũ #!#11 ŗĈćĖĉćũ ũ8ũ +#%1~ ũ 2ēũ ēũ .-3 +5. ŗĈĈĖĊćũ ēũ ēũ + !(.2ũ 2ēũ _-#2(2ē
Ċũ"#ũ 8.
ćĎũ"#ũ 8.
ŗćđĖććũ ēũ ēũ #+ ũ 2ēũ ēũ .-3 +5. ŗćĒĖĈćũ #1. ,_1(! ũ 2ēũ _-#2(2 ŗĈćĖĉćũ ēũ #!#11 ũ 2ēũ .+(5 1( -. ŗĈĈĖĊćũ #ũ8ũ +#%1~ ũ 2ēũ ēũ ēũ + !(.2
Ĉćũ"#ũ 8.
ŗćđĖććũ ēũ .-3 +5.ũ 2ēũ .+(5 1( -. ŗćĒĖĈćũ ēũ #!#11 ũ 2ēũ _-#2(2 ŗĈćĖĉćũ ēũ ēũ #+ ũ 2ēũ ēũ ēũ + !(.2 ŗĈĈĖĊćũ #1. ,_1(! ũ 2ēũ #ũ8ũ +#%1~ Čũ"#ũ 8.ũ
ćďũ"#ũ 8.
ĈĈũ"#ũ 8.
.3#).2ũ#2!.+ 1#2
ŗćđĖććũ ēũ ēũ + !(.2ũ 2ēũ #1. ,_1(! ŗćĒĖĈćũ .+(5 1( -.ũ 2ēũ #ũ8ũ +#%1~ ŗĈćĖĉćũ _-#2(2ũ 2ēũ ēũ ēũ #+ ŗĈĈĖĊćũ ēũ .-3 +5.ũ 2ēũ ēũ #!#11
ŗĈĈĖććũ _-#2(2ũ 2ēũ #ũ8ũ +#%1~ ŗĈĉĖĈćũ ēũ .-3 +5.ũ 2ēũ #1. ,_1(! ŗĈĊĖĉćũ ēũ #!#11 ũ 2ēũ ēũ ēũ #+ ŗĈČĖĊćũ .+(5 1( -.ũ 2ēũ ēũ ēũ + !(.2
ŗćđĖććũ ēũ .-3 +5.ũ 2ēũ ēũ ēũ + !(.2 ŗćĒĖĈćũ .+(5 1( -.ũ 2ēũ _-#2(2 ŗĈćĖĉćũ ēũ #!#11 ũ 2ēũ #ũ8ũ +#%1~ ŗĈĈĖĊćũ ēũ ēũ #+ ũ 2ēũ #1. ,_1(! ŗćđĖććũ #ũ8ũ +#%1~ ũ 2ēũ ēũ ēũ #+ ŗćĒĖĈćũ ēũ ēũ + !(.2ũ 2ēũ ēũ #!#11 ŗĈćĖĉćũ #1. ,_1(! ũ 2ēũ .+(5 1( -. ŗĈĈĖĊćũ _-#2(2ũ 2ēũ ēũ .-3 +5.
ŇĒđĈĉĐ
BWi [iYk[bWi WcXWj[ Wi i[ Wb_i# jWd W iWbjWh W bW YWdY^W Z[ `k[]e cW WdW Z[iZ[ bWi &.0&& [d bW YWdY^W C[hW Z[ bW [iYk[bW @kWd 8Wkj_ijW FWbWY_ei fWhW fWhj_Y_fWh [d [b 9Wcf[edWje ;iYebWh Z[ < j# Xeb" YWj[]eh W ikf[h_eh$ Bei lWhed[i o ZWcWi" Z[ dk[# l[ W '' W ei" fWhj_Y_fWh|d [d bei Yej[`ei gk[ i[hl_h|d Yece h[\[# h[dY_W fWhW YedeY[h bei jWb[djei Z[b XWbecf_ [d [ZWZ[i \ehcWj_# lWi$ ;d [b Yed]h[i_bbe h[Wb_pWZe bW i[cWdW Wdj[h_eh i[ [ijWXb[Y_[hed bei h[]bWc[djei gk[ i[ Wfb_YWh|d [d bW YWdY^W Z[ `k[]e Yece bW fh[# i[djWY_ d fkdjkWb Z[ bei [gk_fei
(%4#-ũ 24, -".ũ /4-3.2
,/#.- 2ũ"#+ũ +.-!#23.ũ
.2ũ#-!4#-31.2ũ(-3#1!.+#%( +#2ũ"#ũ +.-!#23.ũ!4+,(- 1.-ũ!.1.- -".ũ ũ +.2ũ,#).1#2ũ#-ũ5 1.-#2ũ8ũ" , 2Ĕũ"#) -".ũ +ũ -, !4+ " ũ! ,/#¢-ũ#-ũ + ũ24/#1(.1Ĕũ5(!#! ,/#¢-ũ (2/ -.ũ ,_1(! ũ8ũ#-ũ3#1!#1ũ+4% 1ũ#+ũ -3.ũ .,(-%.ũ"#ũ 49,;-ēũ
+ũ$Ì3 .+ũ/1.5(-!( +ũ"#ũ+ ũ #%4-" ũ 3#%.1~ ũ!4,/+(¢ũ #+ũ/ 2 ".ũ2; ".ũ24ũ/1(,#1 ũ #3 / ũ!.-ũ !4,4+ !(¢-ũ"#ũ /4-3.2ũ/.1ũ/ 13#ũ"#ũ+.2ũ#04(ı /.2ũ #.-ũ 11ũ04#ũ+#ũ% -¢ũ +ũ .+~5 1ũ4-.ũ ũ!#1.ē (#-31 2ũ3 -3.ũ#+ũ +4 ũ ,_1(! ũ. 345.ũ4- ũ5(!3.1( ũ "#ũ!(-!.ũ ũ!#1.ũ -3#ũ#+ũ +. .ũ 04#ũ-.ũ+.%1¢ũ+#5 -3 1ũ! #9 ũ -3#ũ4-ũ%1 -ũ/+ -3#+ũĥ ,#1(ı ! -.Ħē .1ũ24ũ/ 13#ũ 42'4!ũ 4- ũ 8#1ũ#-ũ #5 ++.2Ĕũ /+ 23¢ũ!.-ũ 4-ũ!.-34-"#-3#ũ-4#5#ũ ũ!#1.ũ +ũ 4-%41 '4 ũ Ì3 .+ũ +4 ē
,/#.- 3.ũ#,/1#2 1( +
ũ+(% ũ 11( +ũ -3.ũ 4#+.ũ8 ũ3(#-#ũ(-2!1(3.2ũ5 1(.2ũ#04(/.2ũ / 1 ũ+.ũ04#ũ2(%-(ăũ! 1;ũ#+ũ ,/#.- 3.ũ"#ũ Ì3 .+ũĉćĈĈũ04#ũ2#ũ (- 4%41 1;ũ#+ũđũ"#ũ, 8.ē
.2ũ.1% -(9 ".1#2ũ8 ũ"(#1.-ũ ũ!.-.!#1ũ04#ũ#-ũ#+ũ#5#-3.Ĕũ/ 1 ũ +.2ũ% - ".1#2Ĕũ2#ũ3#-"1;-ũ1#!.-.!(,(#-3.2ũ#!.-¢,(!.2Ĕũ ,#" ++ 2ũ8ũ31.$#.2ũ+.ũ04#ũ1#24+3 ũ4-ũ5#1" "#1.ũ(-!#-3(5.ũ/ 1 ũ +.2ũ/ 13(!(/ -3#2ē
.5#- ũ$#!' ũ"#ũ ! ,/#.- 3.
.2ũÌ+3(,.2ũ!.3#).2ũ!.+#%( +#2ũ2#ũ)4% 1;-ũ'.8ũ/ 1 ũ+ 2ũ%1 -ı "#2ũăũ- +#2ũ".-"#ũ2.+.ũ+.2ũ,#).1#2ũ24 (1;-ũ +ũ/."(.ē
āĂ
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
} ēũ 2ũ-( 2ũ3 , (_-ũ345(#1.-ũ24ũ#2/ !(.ũ#-ũ#23 ũ!.,/#3#-!( Ĕũ "#,.231 1.-ũ04#ũ2.-ũ,48ũ 4#- 2ũ +ũ, -".ũ"#ũ+ ũ (!(!+#3 ũ8ũ24/#1 -".ũ . 23;!4+.2ēũ
ēũ +ũ/1(,#1ũ2 +3.ũ$4#ũ+ ũ/14# ũ"#ũ$4#%.ũ/ 1 ũ+.2ũ!.,/#3(".1#2Ĕũ#-ũ #23#ũ31 ,.ũ8 ũ2#ũ#,/#9 1.-ũ ũ-.3 1ũ+ 2ũ/.2(!(.-#2ēũ
} ēũ .-ũ,#-.2ũ"#ũĈĉũ .2Ĕũ#23.2ũ!.,/#3(".1#2ũ2.-ũ4-.2ũ#7/#13.2ũ!.-ũ#+ũ, -4 1(.ēũ
(!(!1.22ũ"#ũ_+(3#ũ2#ũ 3.,¢ũ , 3.ũ
(#3#ũ! 3#%.1~ 2ũ2#ũ"(2/43 1.-ũ 8#1ũ+.2ũ/1(,#1.2ũ+4% 1#2ũ#-ũ 4- ũ!.,/#3#-!( ũ"#ũ! +(" "ē
L_XhWdj[i [ceY_ed[i i[ l_l_[# hed Wo[h [d bW gk_djW l|b_ZW Z[b 8_# Y_Yheii feh bW 9efW PedW 9[djhe gk[ i[ Z[iWhhebb [d bW f_ijW Z[b fWhgk[ Bk_i 7$ CWhj d[p # ;b Ik[ e$
:[iZ[ bWi /0&& bei f[ZWb_i# jWi Z[ bWi fhel_dY_Wi Z[ Jkd# ]khW^kW" FWijWpW" 9^_cXehW# pe" F_Y^_dY^W [ ?cXWXkhW i[ h[kd_[hed [d [ij[ bk]Wh fWhW ^WY[h [b h[YedeY_c_[dje Z[b i_#
j_e Z[ Yecf[j[dY_W o c_dkjei Z[ifk i Z[ceijhWh iki ^WX_b_# ZWZ[i$ BW ]hWd Ò dWb Z[ [ij[ jehd[e i[ h[Wb_pWh| [d `kd_e o i[h l_l_h| [d [b Fkoe$
ēũ 1#!(#1 ũ04#ũ+ ũ%1 5#" "ũ-.ũ(-Ąũ48#ũ#-ũ #23.2ũ"#/.13(23 2Ĕũ +ũ, -".ũ"#ũ242ũ (!(!+#3 2ũ/ 1#!#ũ 04#ũĄũ.3 1 -ũ#-ũ#+ũ (1#ēũ
ēũ .".2ũ345(#1.-ũ+ ũ,(2, ũ./.134-(" "ũ"#ũ% - 1Ĕũ24ũ #7/#1(#-!( ũ8ũ' (+(" "ũ+.2ũ'(!(#1.-ũ24/#1 12#ũ4-.2ũ ũ.31.2ēũ ēũ 1(.ũ .2_ũ 11~-Ĕũ"#23 ! ".ũ"#/.13(23 Ĕũ#2345.ũ /1#2#-3#ũ#-ũ#+ũ#5#-3.ē
: ēũ 2ũ!415 2ũ"#ũ3." 2ũ+ 2ũ/(23 2ũ,("#-ũ#+ũ1#-"(,(#-3.ũ"#ũ+.2ũ/ 13(!(ı : ēũ / -3#2Ĕũ_23 ũĸ$.3.Ĺũ$4#ũ4- ũ"#ũ+ 2ũ,;2ũ"($~!(+#2ũ"#ũ+ ũ!.,/#3#-!( ēũ
ŏĂŏ ŏŏ ŏ ŏĂĀāā
ŏ +. ŏ
8KI9E ;CFB;E
GIF=<JFI<J -"8ũ . (-2.-ēũ -%+_2ēćĒĒĐćĒćĊĒ
1.$#2.1ũ
154+ 1( ēũ -$ēũćđČČČćĒĊđ !.-.,(23 ũĵũ/1.$#2.1ēũ -$ēũćđČďćĊĊđĉ 1.$#2.1 ũ 154+ 1( ēũ -$ēũ ćĒĎđĊĎĈĒĊũ ĵũ ćĒđĉĈĒĎČČũ 154+ 1( ēũ -$ēũĉđĎĈČĐĉũĵũćđĐđĈďĊĈĊ
:FEK8;FI<J 47(+( 1ũ !.-3 +#ĵ 3#-!(¢-ũ +ũ !+(#-3#ũ -$ĖćđĐĐďďĉČć
4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒĉĐćĎĒČď
+#!31(!(23 ēũ -$ēũćĒĉĎđćĊćĒũ
ũ -%#-(#1 ũ .,#1!( +Ėũ -$ēũũĉđćĎČĎĈ
(,/(#9 ũ "#ũ .$(!(- 2ũ 8ũ ,#-2 )#1 ēũ -$ēũ ćĒĒćĉĉđĈĊũ
!'.$#1ũ /1.$#2(.- +ũ ĵũ 1# +(9.ũ 5( )#2ũ !.-ũ 5#'~!4+.ũ/1./(.ēũ -$ēũćđĊĈĈĐćĊĉ
ũ -%#-(#1.ũ#-ũ"(2# .ũ -"4231( +ēũ(-$.1,#2ũ ĉČĈĉĈĈđĵćđĐćĉĎćĎĒ
4(" ".ũ "#ũ -!( -.2ũ 8ũ -( .2ēũ -$ēũ ĉČĉĊĎćĊũ
ũ #-ũ +4,(-(.ũ 8ũ 5("1(.ēũ -$ēũ ĉđĉĊďĈĈũ ĵũ ćĒđĈĊĒĎĉĒ
-%#-(#1 ũ #-ũ $(- -9 2ēũ ĉđĐČĉćĈĵćđĐđĈďĎĉĉ
(-$.1,#2ũ
4(" ".ũ "#ũ -( .2Ĕũ "4+3.2ũ , 8.1#2Ĕũ #-$#1,.2ũ #+$ēũćđĐĊĒđđĊČ
-%#-(#1 ũ#-ũ .-3 (+(" "ũ8ũ 4"(3.1~ ēũ -$ēũ ćĒđĎĒĐĈđď
(,/(#9 ũ "#ũ ! 2 Ĕũ .$(!(- 2ēũ -$ēũ ćđďĐďďĐĈćũĵũĉČĈĎČĎĊũ
#231.ũ #+#!31.,#!;-(!.ēũ .+" "41 ũ "#ũ 34 #1~ 2ũ ũ /1#2(¢-ēũ -$ēũ ũ ćĒĊćĎĊĈĒĉũ ĵũ ćđĈđĒĉĒĉďũ
-%#-(#1 ũ#-ũ 1% -(9 !(¢-ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĎĊĎĎ
,/+# " ũ".,_23(! ũćĒđđĒČďćĐ
%1#2 ".ũ"#ũ -%#-(#1~ ũ (.04~,(! ũ #+$ēĖũ ćđČĉĉĎČĒĊ
ũ -%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćĒĎĐĈČĒđďũĵũĉČĎććĎć
%1#2 " ũ"#ũ -%#-(#1~ ũ (.04~,(! ũ #+$ēĖũ ćđČććđĊĉĉ -%#-(#1 ũ -"4231( +ũ #-ũ 1.!#2.2ũ "#ũ 43., 3(9 !(¢-ēũ -$ēũ ĉđĉČđďĊıũ ćđČĉđđďĊĊ -%#-(#1 ũ #-ũ 1*#3(-%ēũ -$ēũ ĉČĈĈďČĊũ ĵũ ćĒđđĉććĉć -%#-(#1 ũ#-ũ 1% -(9 !(¢-ũ"#ũ ,/1#2 2ēũ -$ĖũćđĐĊđĐĒĐďē
%1#2 " ũ "#ũ !.-.,~ ēũ -$ēũ ĉČČĈĎČČũ ĵũ ćĒĎďČČđČĒ
-%#-(#1.ũ !.-ũ #7/#1(#-!( ũ #-ũ , -3#ı -(,(#-3.ũ "#ũ !#-31.ũ "#ũ !.,/43.ēũ -$ēũũ ćđĊĉĒĉđďČũ
47(+( 1ũ !.-3 +#ēũ -$ēũ ĉđĉćĉďĎũ ĵũ ćĒĒĉĊđĒćĈũ
-%#-(#1.ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũĉđĎĊĐĊĒũĵũćđČďćĐđĈďũ
47(+( 1ũ!.-3 +#ũ -$ĖćĒĒĒČĒćĎĐ
-%#-(#1.ũ"#ũ ,/1#2 2ũćĒĉĊĊđĊĎĎ
ũ ēũ ēũ ēũ ćđČĎĈĊĐćĉũĵũĉđĉĐČČĉ
ũ 4"(3.1ũ !.-ũ ,/+( ũ #7/#1(#-!( ēũ -$ēũ ĉČĈĐĈĉĎũĵũćĒĉĒĊĐČČČũ
-%#-(#1.ũ #-ũ ,/1#2 2ēũ -$ēũ ĉČĈČĉĊďũ ĵũ ćđĐđĈďđďćũ
-%#-(#1.ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđČČĈČĉćĈũĵũćĒĐĊćĈĊĈć
-%#-(#1 ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũĉĎĉćĉĈćũĵũćĒĉĐĉćĉČĒ
-%ēũ .,#1!( +ũ8ũ '.$#1ũ/1.$#2(.- +ũ!.-ũ 5#'(!4+.ũćđĊĎďĈďĒČ
-%#-(#1.ũ (5(+ēũ -$ēũćĒĉĐćĒĐďĈ
-%#-(#1 ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ ē ē ēũ -$ēũćĒđĉĉĐĊĈđũĵũćĊĉđČđĐđČ
-%#-(#1.ũ -"4231( +ũ #-ũ 1.!#2.2ũ "#ũ 43., 3(9 !(¢-ēũ -$ēũ ćĊıũ ĉĐČďıćĐČũ ĵũ ćđĊĉĒĉđďČ
%1#2 ".ũ"#ũ ",(-(231 !(¢-ũ"#ũ ,/1#ı 2 2ēũ -$ēũćĒČđĎđĈĎĎēũ
.-3 ".1 ũ !'(++#1ēũ -$ēũćđČćĊĒđđĉ !3 5.ũ2#,#231#ũ"#ũ -%#-(#1~ ũ#-ũ .-ı 3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũ ĉĐĎČĊČćũ ĵũ ćđĊČććďćĐ %1#2 ".ũ "#ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũĉđĉĒČćĈĵćđĐĒđďĒďĉ .-3 ".1 ēũ -$ēũćđĐććđďĐďũ -%#-(#1 ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũćĒććđĐĒďĎũ %1#2 " ũ "#ũ .-3 (+(" "ũ 8ũ 4"(3.1( ēũ -$ēũĉČĈĈĐĉĈũĵũćĒĎĉĎććĎć .-3 ".1 ēũ -$ēũĉČĉĎĒďćũĵũćĒĎČćĊĈĎđ -%#-(#1 ũ"#ũ ,/1#2 2ēũ .-3 ".1 ēũ -$ēũ ĉČĎććČĐũĵũćĒĐĒČććĉđũ %1#2 " ũ "#ũ ",(-(231 !(¢-ēũ .-3 ".ı 1 ēũ -$ēũĉČĈĎďĒďũĵũćĒĒĐĐĎđĐď .-3 ".1 ēũ ćĒđĎĒďćĒď
-$ēũ
ĉČĉďđĊđũ
ĵũ
89F>8;FJ 234"( -3#ũ "#ũ 41(2/14"#-!( Ĕũ 2_/3(,.ũ 2#,#231#ēũ -$ēũćđćĐČďĒďĈ %1#2 " ũ "#ũ #1#!'.ũ !.-ũ #7/#1(#-!( ũ #-ũ!.-3 (+(" "ēũ -$ēũćđĐıĉĒĐĉĐĊũĵũćĒďı ĊĒĈĈĒć 234"( -3#ũ #ũ #1#!'.ēũ -$ēũćĒĒćĎĊĊđĐ %1#2 ".ũ "#ũ 41(2/14"#-!( ēũ -$ēũ ćđĐďĒĎďČĊũ
GJ@:FCF>FJ 2(!¢+.%.ēũ -$ēũćđĐďĒĎďČĊ .2#.ũ#234"(.2ũĸĒũ2#,#231#2Ĺũ#-ũ 2(!.+.ı %~ ũ +~-(! ēũ -$ēũćđĐďĒĎďČĊũ 2(!¢+.% ũ +~-(! ēũ -$ēũ ĉČĐďĈĎĎũ ĵũ ćĒĈďĈĈĎćĎũ 2(!¢+.%.ũ -"4231( +ēũ -$ēũćđĐČČďĎĒĊũ 2(!¢+.%.ũ -"4231( +ēũ -$.1,#2Ėũ ĉđČďĈđČũ ĵũćĒĉĐđĊĉĎČ 234"( -3#ũ ćĒđććĒĈĎď
"#ũ
āă
2(!.+.%~ ēũ
-$ēũ
2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĈĈČďćũ ĵũ ćđČĈĐĈďĒĐ
ũ 2(!¢+.% ũ -"4231( +ēũũ -$ēũćĒĎČĉĉĈĊĊ ũ 2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĉĈĊČĈũ ĵũ
ćđČďĈĎĊďćũ
-%ēũ #-ũ (23#, 2ēũ #+ũ ćđĈćĈĎđĊďĵũ ĉČĈďĈĐĉ -%#-(#1 ũ .,#1!( +ũ !.-ũ #7/#1(#-ı !( ũ #-ũ !. 1 -9 2ēũ -$ēũ ćđČĎćĊďđČũ ĵũ ćđĐČćĐĈćČũ
-%#-(#1 ũ #-ũ +(,#-3.2ēũ -$ēũ ĉđĎĎĊĈĈũ ĵũ ćĒĎđĎĐĒďćũ
-%#-(#1 ũ#-ũ +(,#-3.2ēũ -$ēũćđćĐĎĎĉĎČ
8;D@E@JKI8K@MFJ
#!1#3 1( ũ )#!43(5 ēũ -$ēũ đĊĉČĊĊđČũ ",(-(231 ".1 ũ ũ "#ũ ,/1#2 2ēũ -$ēũ ĉČĉĊđĉĉĐĵćđĊĈĒĎĊĈĒ #!1#3 1( ēũ -$ēũćĒĎćĉđĐĉĊ
-%#-(#1 ũ .,#1!( +ēũ -$ćđĐđĊĈĊđĒ
%1#2 " ũ (#-!( 2ũ ",(-(231 3(5 2ēũ -$ēũ ćđĊĉďČćĉć
%1#2 ".ũ"#ũ -%#-(#1~ ũ#-ũ +(,#-3.2ēũ -$ēũ ćĒđĊćđĒĈďũ
/ !(3 ".1ũ #-ũ ",(-(231 !(¢-ũ Ì +(! ēũ -$ēũćĒČĎĊćČćđ
-%#-(#1 ũ#-ũ ,/1#2 2ēũ -$ēũćđĐĒđĉĐĊĐũ
47(+( 1ũ ",(-(231 3(5 Ĕũ 5#-3 2Ĕũ 3#-ı !(¢-ũ +ũ !+(#-3#ēũ -$ēũ ćđČĐČČĐćČũ ĵũ ćđĊĈđĐđČĊũ
-%#-(#1.ũ !.,#1!( +ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĉĒĒĒ ũ -%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĉĉĐďũĵũ ćđĊĉĒĒĐĉĐ -%#-(#1.ũ #-ũ (23#, 2Ĕũ #+#!31¢-(! ũ #ũ (-"4231( +ēũ -$ēũćĊĉĉĐďĈĉĈũIJũćĒđĈĉĊĊĉĈ %1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ -%#-(#1 ũ .,#1!( +ēũ -$ēũ ĉđČďćĉČũ ĵũ ćĒďđćĉĐďĈ %1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ
-%ēũ #!;-(!.ēũ 2/#!( +(9 ".ũ#-ũ ",(-(2ı
31 !(¢-ũ"#ũ 1."4!!(¢-Ĕũēũ + , 1ũ +ũĉČĎĈĈĊČũ ĵũćĒĎđĎĎĐĈĉ
#!1#3 1( ũ #!#/!(.-(23 ēũ 47(+( 1ũ !.-ı 3 +#ēũ -$ēũćđČĎďďĈĒďũ
<:FEFD@JK8J !.-.,(23 ēũ -$ēũćđČČĒĊĒćĈũĵũĉĎĉĈđČć %1#2 " ũ #-ũ -! ũ 8ũ (- -9 2ēũ -$ēũ ćĒĉĎĐććĈČ
<DGC<F ;FD<JK@:F ,/+# " ũ".,_23(! ũ -$ēũćđĊďČĐĒćĒ 4(" ".ũ ũ /#12.- 2ũ "#ũ + ũ Ċ1 ũ " "ũ ĉČĈďĈĎĈũıũćĒĎĊććďČĊ # .1 ũ "#2# ũ 31 ) 1ũ /4#13 2ũ "#-31.ũ ++ , 1ũ +ũćđĊĈďĉđćĊũ.ũ +ũćĊĉČĈďĉĉď 4(" ".ũ "#ũ /#12.- 2ũ -!( - 2ũ -$ēĖũ ĉČĈďĉĉďũıũćđČũĊĊĈďĐĉ
-%#-(#1.ũ #-ũ #1! ".3#!-( ēũ -$ēũ #+$ēũ ĉđĎĒĊĒĈũĵũćĒČČćĎđČČũĵũćđĐđĈĐĉđĉ
"#1ũ #ũ '() ũ "#2# -ũ 31 ) 1ũ /4#1ı 3 2ũ "#-31.ũ .ũ $4#1 ũ -$ēĖũ ćđĊĈďĉđćĊũ ıũ ĉČĈĉĉď
-%#-(#1 ũ"#ũ ,/1#2 2ēũ -$ēũ #+$ēũćđďđĊĈĎĒũ ĵũćĒĈććďďĉď
4(" ".ũ "#ũ -( .2ũ 8ũ /#12.- 2ũ , 8.1#2ũ -$ēĖũćđĊĈďĉđćĊ
ũ -%#-(#1.ũ #-ũ (23#, 2ēũ -$.1,#2Ėũ ĉČĎĉĐĎĎũĵũćđĐČĒĊĉČĉ
,/+# " ũ".,_23(! ēũ -$ēũćĒćĈĊćĊćĒ
-%#-(#1.ũ #-ũ +(,#-3.2ēũ -$.1,#2Ėũ ćĒđĈĐĊđĐĉ -%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũćĒđĐĎĉĐćĐ -%#-(#1.ũ #-ũ (23#, 2ēũ -$ēũ ĉđĎĊĒĉĊũ ĵũ ćĒđĎďČđČĈ -%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ĉČĎććĎćũĵũćĒĎĐĈČĒđď -%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđĐđĈďĎĉĉ -%#-(#1.ũ .,#1!( +ēũ -$ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĊćć -%#-(#1.ũ #-ũ ,/1#2 2ēũ -$ēũ ĉČĈĎĊĒćũ ĵũ ćđćďĈĈćĒć
@E><E@<IFJ
ũ -%#-(#1 ũ#-ũ ",(-(231 !(¢-ũ"#ũ ,/1#ı 2 2ēũ -$ēũćđĐĈđĈČĐĒ
-%#-(#1.ũ .,#1!( +ı '.$#1ũ /1.$#2(.- +ēũ -$ēũćđČČĈČđĎć
ũ #!#2(3.ũ !.2#1ũ . 1 2ũ ũ + ũ ! 2 ũ ++ , 1ũ ćĒĈĒĉćĈĉć 4(" ".ũ ũ/#12.- 2ũ"#ũ+ ũ3#1!#1 ũ#" "ũ -$ēĖũćĒĎĊććďČĊũıũĉČĈďĈĎĈ
:?F=<I<J
M8I@FJ
-$ēũ
ũ _!-(! ũ 4/#1(.1ũ #-ũ .,/43 !(¢-ũ #ũ (-$.1,;3(! ēũ -$ēũćđćĊĎďĉĎĐ #!1#3 1( ũ )#!43(5 ũ (+(-%Õ#ēũ -$ēũ ćđĒĐđĈćđć 47(+( 1ũ "#ũ .$(!(- ũ ĵũ ,#-2 )#1.ēũ -$ēũ ćđĐĎĎĉĊďĈ
.,4-(! !(¢-ũ .!( +ēũ -$ēũĉđĉďĒĉĉ
-3#-(,(#-3.ũ "#ũ /(2!(- 2ēũ -$ēũ ćđĈĐĈĒďĉđ
#1 /( ũ ~2(! ēũ -$ēũĉČĈĐĐĉĒ
#15(!(.ũ"#ũ .1" ".2ũ ũŌũćĔđćũ+ ũ".!#- ēũ -$ēũćĒđĈďćČĎĊ
1*#3(-%ũ 8ũ #23(¢-ũ "#ũ #%.!(.2ēũ -$ēũ ćĒĉĐĈĈđĎĈ 234"( -3#ũ"#ũ"(2# .ēũ -$ēũćđČďđĉĉćĉ
'.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ēũ -$ēćĒĒĎĉĈđĒĐıćĒĒĎĉĈđĒĐēũũ
4#' !#1#2ũ ".,_23(!.2ēũ -$ēũ ĉČĈďĉĉďũ ĵũ ćđĊĈďĉđćĊũ
'.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ēũ -$ēũ ćĒĉČćĉĎĈĎ
#!-¢+.%.ũ #-ũ 2(23#, 2ēũ ĉČĉĊđĉĉĐĵćđĊĈĒĎĊĈĒ
-$ēũ
."#+.ũ/1.$#2(.- +ēũ .+.ũ!.-3 !3.2ũ/1.ı $#2(.- +#2ēũ -$ēũćđĐČćĊĊĎĈũ
'.$#1ũ/1.$#2(.- +Ĕũ+(!#-!( ũ3(/.ũ ũ8ũ ũ -$ēĖũ ćđćĐďćĒČČũıũćđćĐďćĒČČũ
2 )#ũ #1 /_43(!.ũ8ũ$+.1 +ũ/ 1 ũ" , 2ēũ -$ēũćĒĈČČĈĈĈć
'.$#1ũ /.13, -ũ 3(/.ũ ġ ĢĖũ (-$ēũ ćđĈĐĈĒďĉđũ
#-"#".1ēũ -$ēũćđĐĎČćĈďČ
.,4-(! !(¢-ũ .!( +ēũ 1."4!!(¢-ũ 1 "( +Ĕũ ,42(! +Ĕũ+.!4!(¢-Ĕũ2.-("(23 ēũ -$ēũĉČĉĊĎĊĒũ ĵũćĒĒćĒđĎĊĈē
'.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćđĐĊČĐČĎĉ '.$#1ũ !.-ũ (!#-!( ũ #+ēćđďĒđĐďČď
(/.ũ
ũ
'.$#1ũ /.1, -ũ -$ēĖũćĊĉũđČćĉćĊ '.$#1ũ/1.$#2(.- +ēũ(/.ũ ũũ!.-ũ! ,(¢-ũ"#ũ Ďũ3.-#+ " 2ē -$ĖũćĒĐĈĊĉďĈČ '.$#1ũ /1.$#2(.- +ēũ (/.ũ ũ -$.1,#2Ėũ ĉČĉĉĒĐćĵćđĐĊČĉĈĐď '.$#1ũ/1.$#2(.- +Ėũ -$.1,#2ĖũĉČĉĐĎĊđ '.$#1ũ/1.$#2(.- +ũĵũ #%41(" "ũ -"4231( +Ėũ -$ēĖũćĊĉđĎĈđďđıćĒĉĎĒćĈđđ '.$#1ũ /1.$#2(.- +ēũ ćĒĎĎćďďĐđ
ĉđĎďČćĒũ
ĵũ
'.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ġ Ģēũ #-%.ũ ! ,(¢-ēũ 3#+_$.-.Ėũ ćĒĒĉćĊĐĎđũ ıũ ĉĎĉĉđĊđ
)#1 ũ ĵũ 5#-"#".1 ũ ĵũ 1#!#/!(.-(2ı 3 ēũ ũ ,#"(.ũ 3(#,/.ēũ -$ēũ ĉđĎĎćĈćũ ĵũ ćĒĉČĊĒĉďĎũ
ũ %1#2 " ũ"#ũ 1*#3(-%ēũ -$ēũĉđĎĊďĐď
(!ēũ .,4-(! !(¢-ũ .!( +ēũ -$ēũĉČĈĉćĒĊ .,4-(! ".1 ũ .!( +ēũ -$ēũ ćđĊććĎĒČĊũ ĵũĉđĉďĒĉĉ
4 1"( ũ"#ũ #%41(" "ēũ -$ēũćĒđĉĉćđďČ
ũ #!;-(!.ũ(-"4231( +ēũ -$ēũćĒĎćĒĊĉćĉũ
%#-3#ũ!423."(.ĵũ#2!.+3 ũ"#ũ2#%41(" "ēũ -$ēũćđđĈďćďĈĒ
_!-(!.ũ#-ũ(-$.1,;3(! ēũ -$ēũćĒđđďĒĈćĊ
#-"#".1 ēũ -$ēũćĒĉđćĊĉĈćũ )#1.Ĕũ /#1!'#1.Ĕũ "(%(3 ".1Ĕũ 3#!-¢ı +.%.ũ #-ũ !.,/43 !(¢-ēũ -$ēũ ĉČĈđćĉďũ ĵũ ćđĊćĎđĊćĒ
(!#-!( " ũ#-ũ 41(2,.ũ (23¢1(!.ũ 4+34ı 1 +ēũ -$ēũćĒćĊĈĒĐČć .3.1(9 ".ũ !.,.ũ ,#-2 )#1.ũ 8ũ / /#+#2ũ +ũ "~ ũ ,.3.ũ /1./( ēũ ćĒĉĒđČĐĈćēũ (;-ũ %4(11#
%1#2 " ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ēũ -$ēũćĒđĉĊĊĈĉĎ ũ #!1#3 1( ũ (+(-%Õ#ēũ -$ēũĉđĎĉĊďć
(!#-!( " ũ #-ũ 1 ).ũ .!( +ēũ -$ēũ ćĒĎďĐĎĈĉĉ _!-(!.ũ #-ũ (23#, 2ēũ -$ēũ ćđĐćĎĊďĊćũ ĵũ ĉđĉĈďđČ ũ (!#-!( " ũ#-ũ .,4-(! !(¢-ũ .!( +ēũ -$ēũ ćĒĎćĉĒĒďđ
ũ Ĕũ #5#-3.2ũ 2.!( +#2ũ -$ēĖũ ćĒĎĎďđĎĐĒ
ũ !'(++#1ũ _!-(!.ēũ +#!31(!(" "ũ -"4231( +ēũ
1."4!!(¢-ũ 4"(.5(24 +ũ -$ēĖũ ĉČĉćĈĎČũ ıũ ćĒĎĎČďĉĒĐ
2(23#-3#ũ"#ũ.$(!(- ũ #+$ĖũćđČıĉĉĉıĉćĎ
-$ēũĉĐĎĎććć
84" -3#ũ 1/(-3#1.ũ -$ēĖũĉČďćČĈĊ
%1#2 ".ũ#-ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ũ #+$ēũćĊĉČĈĉđćĊĵćđĐČČćĉďĎ
'.$#1ũ /1.$#2(.- +ēũ -$ēĖũ ćđĉćČđĐĊĉũũ ĸćĊĹĉČĈĊČĉĊũ
#!#/!(.-(23 ũ .3#+Ĕũ +(!#-!( ũ (/.ũ ũ -$ēĖćđďĒđĐďČď
!'(++#1ũ #-ũ ćĒĉĎĈĊĉĊĒũ
ũ '.$#1ũ /1.$#2(.- +Ĕũ ũ !.-ũ ! ,(¢-ũ ćđĒćĎĎđćČ
41%.-#3 ũĈĐũ/ 2 )#1.2ũ -$ēĖćĒĉđĎćĈĈđ
,/+# ".ũ -! 1(.ũ!4 +04(#1ũ;1# ėũ!'.ı $#1ũ /1.$#2(.- +ũ #+$ēũ ćĒĎĒďĎČĊĐũ 8ũ ćĊũ ĉČĈćČČĉ
'.$#1ũ /1.$#2(.- +ēũ -$ēũ ćĊĉũ ČĈĉĊćđũ ĵũ ćđČĈČđđđĊ
'.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćĒđćĐćĉČČũ '.$#1ũ/1.$#2(.- +ũ3(/.ũġ Ģũ/ 1 ũ3 7(2ũ8ũ ! ,(.-#2ũ"#ũĎũ3.-#+ " 2ēũ -$ĖũĉČććđĎĎũ ıũćĒĎĐĒĒĈČĊũũũũũũ '.$#1ũ2/.13, -ēũ -$ēũćđĐďďĉĊĊĊũũũũũ
4~ ũ341~23(! Ĕũ/1.$#2.1 ũ"#ũ (+.2.$~ ēũ -$ēũ ćĒćĊĈĒĐČćũ !'(++#1ũ 4~,(!.ũ (¢+.%.ēũ -$.1,#2ũ ćđĐĒĎĒćĉČĵćđĐĈĎďĒĎĒ 1#-2(23 Ĕũ#7/#1(#-!( ũ#-ũ(,/1#-3 2ēũ -$ēũ ćĒĒĒďČđĈďũĵũĉđĉĉďĐĒũ -$#1,#1 ēũ ćđČĎČĐČĈĒ
-$ēũ
ćĒĐĎďĉĎĒćũ
ĵũ
,/+# " ũ ".,_23(! ēũ #+$ĖćđĒĒćĎĒČĉũ ĵćđĒĒĊĊĊĉČ
'.$#1ũ /1.$#2(.- +ũ ćĒĒćĈĉĊĈć
,/+# " ũ".,_23(! ēũ #+$ĖćĒćĐĐďĈĐČĵć đĒĒćĎĒČĉĵćđĒĒĊĊĊĉČ
'.$#1ũ3(/.ũ ũćđĈĉĎĒČĒĐ
#!1#3 1( ēũ -$ēũćĒĉđćĊĉĈćũ
#ũ1# +(9 ũ31 ).2ũ"#ũ/(-341 ũ#-ũ! 2 2Ĕũũ #+$ĖũćĒĒćĈĉĊĈć
ũ #!#/!(.-(23 ũĵũ 2(23#-3#ũ .-3 +#ēũ -$ēũ ćđĐĊđďĈĉĐ
#ũ1# +(9 ũ31 ).2ũ"#ũ/(-341 ũ#-ũ! 2 2Ĕũũ #+$ĖũćđĎĉćČĈĐĒ
4/#15(2.1ũ"#ũ ."#% ēũ -$ēĖũćĒĉũĒĎũĎđũćĉũ IJũĉũČĉũČČũĉĎũũũ
ũ 4#13 2ũ 43.,;3(! 2ũ !#++ĖũćđČĎĎĐĎđćũıũćĒĊćĒđĉĐĒ
84" -3#ũ"#ũ.$(!(- ũĵũ 47(+( 1ũ"#ũ#-$#1ı ,#1~ ēũ -$.1,#2ĖũćĒđĉćĉĈĈĉ
(,/(#9 ũ"#ũ! 2 2Ĕũ"#/ 13 ,#-3.2Ĕũ.$(!(ı - 2ēũ -$.1,#2ĖũćĒćĊĊĎĈĐďũĵũĉĐĎČďĈĉēũ
#!-¢+.%.ũ (5(+ũ 8ũ ( +ēũ -$Ėũ ĉČĉĉĒĐćĵũ ćđĐĊČĉĈĐď
ũ 2#15(!(.2ũ !4(" -".ũ -( .2ũ -$ēĖũ ĉđČĎďđćũıũćĒĐĉĉĈććď
13#2 -.ũ! +($(! ".ũ#-ũ +4,(-(.ũ8ũ5("1(.ēũ 1(! ,.2ũ /4#13 2Ĕũ 5#-3 - 2Ĕũ 5(31(- 2Ĕũ #3!ēũ #15(!(.ũ "#ũ , -3#-(,(#-3.ēũ -$ēũ ćĒĐĎČĈđĐĎ
.,4-(! ".1ũ 2.!( +ũ ĵũ #+ !(.- ".1ũ Ì +(!.ũ ĵũ #231.ũ "#ũ #1#,.-( 2ēũ -$ēũ ćđČćĈĐČďĒ
4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒđđćĎĊČćũ
5#-3.2ēũ
#!1#3 1( ēũ -$ēũĉđČĉćĎĐ
,/+# " ũ".,_23(! ēũ -$ēũćĒđđĒČďćĐ
11#%+.ũ! 2 2Ĕũ"#/ 13 ,#-3.2ũ4ũ.$(!(- 2Ĕũ 84" ũ8ũ!4(" ".ũ ũ "4+3.2ũ, 8.1#2ēũ -$Ėũ ćĒđĐĎĉđĈď
"#ũ
.-2#)#1~ ũ ~ +(! ũ #1 /_43(! ũ #+$ēĖũ ĉđĉĈĊĐĊũıũćĒđĎČďĎđĐ
'.$#1ũ /1.$#2(.- +ũ !.-ũ +(!#-!( ũ 3(/.ũ ġ Ģũ + , 1ũ +ũ 3#+$ēĖũ ćĒĒĎĉĈđĒĐũ ĵũ ćĒĒĎĉĈđĒĐ
(,/(#9 ũ"#ũ! 2 Ĕũ.$(!(- 2ēũ -$ēũćđďĐďďĐĈćũ ĵũĉČĈĎČĎĊũ
..1"(- ".1 ũ ćĊĉĉĐČćđĈĐ
42! ũ 31 ).ũ
:FEJKIL::@FE
13 ēũ !'(++#1ũ#-ũ(-$.1, 3(! ũ 4#- ũ/1#ı 2#-!( ēũĉđĎćČČĐ ũ 11#%+.ũ "#ũ !.,/43 ".1 2ēũ -$ēũ ćĒĎđćČČđď
ũ #-2 )#1.ũ .3.1(23 ēũ -$ēũĉČĈĒĉĊĐ
(-$.1, 3(! ēũ
-$ēũ
#!#/!(.-(23 ēũ -$ēũ ćĒĒČćĊČĐĒũ ĵũ ćđĉďĎďĉČćũ #!-¢+.%.ũ#-ũ -;+(2(2ũ"#ũ (23#, 2ēũ -$ēũ ĉČĎĉĒĎČũĵũćđĊćĈĎďĈĉũ %1#2 " ũ"#ũ 41(2,.ũ!.-ũ,#-!(¢-ũ#!.ı +¢%(! ēũ -$ēũćđČĐĈĊďďĈũ (2# ".1ũ/4 +(!(3 1(.ēũ -$ēũćđČĎđČďĒđũũ
(!#-!( ".ũ #-ũ "4! !(¢-ũ , (#-ı 3 +ũ 8ũ !.341(2,.ēũ -$ēũ ćĒđđĎđđĊćũ ĵũ ĉđČĉĊĈćũ (-3.1ũ /1.$#2(.- +ũ "#ũ ! 2 2ũ /(-341 ũ "#!.1 3(5! ũ #-ũ %#-#1 +ũ % 1 -3(9 ".ēũ ćĒĒćĈĉĊĈć
(!#-!( ".ũ #-ũ "4! !(¢-ũ , (#-ı 3 +ũ 8ũ !.341(2,.ēũ -$ēũ ĉđČĉĊĈćũ ĵũ ćĒđđĎđđĊć 42!.ũ#,/+#.ũ!.-.!(,(#-3.2ũ"#ũ(-%+_2Ĕũ !.,/43 !(¢-ĔũćĒĎČďĎĊĉĐ #!1#3 1( ēũ -$ēũĉđĎĎćĈćũĵũćĒĉČĊĒĉďĎ %1#2 ".ũ"#ũ 1% -(9 !(¢-ũ"#ũ ,/1#2 2ēũ -$ēũćđĐĉĐďĈĐćũĵũĉĎĉĈćĐĒ
#-2 )#1.ēũ -$ēũĉĐďĉĊđĉ
ũ ũ .-3 !.ĖũćĒĎĎďđĎĐĒ
ũ .,4-(! ".1 ũ .!( +ēũ -$ēũĉđĉĈĊĒĊ
ũ ũ +#!31(! 2ũ ! , 1 2ũ"#ũ5(%(+ -!( ũ #+ēĖũćđČĎĎĐĎđć
āą
+ 9 ũ #-31 +ĔũĊĎć,ĉũ!#+ēũćĒĒđĉćĒĐĉēũũ ĵđĉĊĐČĵ!!
.+~5 1ũćĒĉĐũ8ũ +".- ".ũ -$ēĖũĉđĉĈďđĈũ ĸ 8.ũĉũŇũĒĐĐĈĉĹũũ
#-".ũ 3#11#-.ũ "#ũ ĉĐćũ ,#31.2Ĕũ 4-ũ
11(#-".ũ #-ũ #"($(!(.ũ -4#5.ũ .-(3.ũ 24(3#ũ / 1 ũ /#12.- ũ 2.+ Ĕũ / 1#) ēũ 31 ũ !.-ũ 3#11 9 ũ ,48ũ (-"#/#-"(#-3#ēũ $(ı !(- ũ %1 -"#ũ 2.+.ũ /#12.- 2ũ '.-.1 +#2ũũ #+$ēĖũ ĉđĉĒĈĒČũ +ēĖũ ćĒĊđĒďđĒĒĸ 8.ũ ĉŇĒĐĎđĒĹũ
,(-(ũ"#/ 13 ,#-3.ũ!.-ũ3#11 9 Ĕũ,#"( 2ũ %4 2ũ 5ēũ , +#ũ 13~9ũ8ũ 2 )#ũ 14) ũ #11 -.Ĕũ #+4+ 1ũćĒđĊĎđĈďĊũĵĉıČĈćĉČđũ ĸ 8.ũĉŇĒĐđĒĈĹ
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏŏ
!4 "1 2ũ "#ũ 3#11#-.ũ -$ēĖũ ćĒđĒćĒĊĉĉũ ıũćĒďĉĐČĊČď
ũ ũ ũ 5#-".ũ
'.1-.ũ %(1 3.1(.ũ ũ % 2ũ ! / !(" "ũ ĉČũ /.++.2ũ #+$ēĖũ ĉđĐĊďćĉũ ıũ ćđĊĎĈĎďćĈũ ĸ 8.ũĉũŇũĒđćČĒĹ
ũ ũ /1./(#" "ũ ,#).1ũ 2#!ı
3.1ũ 3 3#ũ ĊĊćēćććũ -#%.!( +#2ũ ďũ
#-".ũ ! 2 ũ #-ũ #!'.ũ 1./(.ũ ĈČĎũ ,ũ
"#ũ!.-2314!!(¢-ũ8ũĉđĐũ,ũ"#ũ3#11#-.Ĕũĉũ /+ -3 2ũ5 +.1ũŌũČĐēćććũ-#%.!( +#2ũ #+ēĖũ ćĒĐĈČĐĈćďũıũćĒĎĒČćđĎđ
#11#-.ũ"#ũ./.134-(" "ũ#7!#+#-3#ũ4 (ı
! !(¢-Ĕũ 2#!3.1ũ ũ #-~-24+ ũ )4-3.ũ ũ + ũ
ũ ēũ #/ 13 ,#-3.ũ#-ũ 4(3.Ĕũ #-ũ+ ũďũ"#ũ"(!(#, 1#ũ8ũ ~.ũ .! Ĕũ .11#2ũ "#ũ -ũ 2("1.ēũ #+$ēũćĒĒćĉďĒĒĉē ũ ēũ -ũ!4 13.ũ!.-ũ .ũ/1(ı 5 ".ũ#-ũ ũ (!3.1( ēũ -$ĖũćĒćđĎĉďĉćē ũ ũ ^ ı ũ #-ũ #-31.ũ "#ũ 13#2ũ _"(! 2ũ , 3.ũ )4-3.ũ ũ +~-(! ũ , 3.ũ ! ++#ũ
ēũ #!#2(3 ũ ).5#-ũ !.-ũ ĉũ
2#,#231#2ũ4-(5#12(3 1(.2ũ .+~5 1ũČıĉĎũ8ũ -(" "ũ !(.- +ēũĸ 8.ũĉũŇĒđććČĹ
+ -3 , 3.ũ ē ēũ-#!#2(3 ũ!.-31 3 1ũĉũ ,#!;-(!.2ũ04#ũ3#-% -ũ!.-.!(,(#-3.ũ#-ũ +(-# !(¢-Ĕũ + -!#.ũ8ũ,#!;-(! ũ1;/(" ũ / 1 ũ31 ) 1ũ#-ũ (. , Ĕũ#7/#1(#-!( ũ ,~-(, ũ"#ũĉũ .2Ĕũ#-ũ/4#23.2ũ2(,(+ 1#2Ĕũ
2#1ũ !'(++#1ũ _!-(!.Ĕũ "(2/.-( (+(" "ũ (-,#"( 3 ēũ -$ēũ /2.1( ľ++ -3 , 3.ē !.,ũũ!1.2#1.ľ++ -3 , 3.ē!.,ũĵũ #+$ēũ ĉČĈĈĐĊĊũ
+.2ũ.ũ1#/4#23.2ũ 43.,.31(!#2ēũ 234"(.2ũ 24/#1(.1#2ēũ -$ēĖ "#,.1 ľ++ -3 , 3.ē !.,Ĕũ!1.2#1.ľ++ -3 , 3.ē!.,
3 1ũ 4- ũ /#12.- ũ / 1 ũ ) ũ 8ũ 3#-!(¢-ũ #-ũ $(!(- ũ / 1 ũ + ũ !(4" "ũ "#ũ (. ,ı Ĕũ "# #ũ 3#-#1ũ !.-.!(,(#-3.2ũ ;2(ı !.2ũ "#ũ !.,/43 !(¢-Ĕũ !.-3 (+(" "Ĕũ ".-ũ "#ũ %#-3#2Ĕũ 3#-#1ũ ,~-(,.ũ ĉũ .2ũ "#ũ #7/#1(#-!( ũ #-ũ /4#23.2ũ 2(,(+ ı 1#2ēũ -$ēũ /2.1( ľ++ -3 , 3.ē!.,ũ !1.2#1.ľ++ -3 , 3.ē!.,ũ ĵũ #+$ēũ ĉČĈĎĒĐĐ
.8ũ 2#15(!(.ũ "#ũ 31 -2/.13#ũ / 1 ũ /#1ı 2.- 2ũ .ũ #-!.,(#-" 2ēũ -$ēĖćĒĊĐĒĉĒć ČĵćĒĎĎđČĊĊďũ
+ -3 , 3.ũ ē ēũ -#!#2(3 ũ !.-31 ı
3 1ũ ! )#1 Ĕũ ĉũ .2ũ "#ũ #7/#1(#-!( ũ #-ũ #,/1#2 2ũ "#ũ 5#-3 ũ "#ũ ++ -3 2Ĕũ 5#'~!4ı
-23 + ,.2ũ !#1!.2ũ #+_!31(!.2ũ #+ēĖũ
ćđČĎĎĐĎđć
ũ ũ #++#9 Ĕũ !4+341 Ĕũ 5 1(#" "ũ 8ũ "(2!1#2(¢-ēũ .,.2ũ Ì-(! 2ēũ 1 !( 2ũ /.1ũ /1#$#1(1-.2ē #+$2ēĖũ ćĒĎĊďćđĈďıćđćĊĊČĐćĊũ ĸ 8.ũ ďũ ŇĒđĈĐĒĹ
ũ ēũ #1ı 5(!(.ũ "#ũ +4).Ĕũ 2#1(#" "Ĕũ 5 1(#" "ũ 8ũ "(23(-!(¢-ēũ .3 +ũ #+ 7ũ !.-3 !3.2ũ +ũ ćđČĈĎĊĊĒĈĸ 8.ũČŇũĒđĈĐČĹ
&$0%,$ 78 1$5,=
ũ
(;&(/(17( 2325781,'$'
ũ
ũũ
+ -3 , 3.ũ ē ēũ -#!#2(3 ũ !.-31 ı
/.&-*
HQ PLQXWRV VLQ FLUXJtD %,23/$67,$
1 ũ 1 -(9 !(¢-Ĕũ#,/1#2 Ĕũ!.,/ ~ ũ#3!ēũ .-ũ #15(!(.2ũ ;2(!.2Ĕũ31#2ũ5~ 2ũ ũ24ũ!.-3.1-.Ĕũ24/#1$(!(#ũ 0(',&,1$ ),6,&$ (67(7,&$
/+ -(!(#Ĕũ!.-ũ;1# ũ"#ũĈČēĐĎćũ,ĉĔũ2#!3.1ũ 11(.ũ .+~2ēũ #+$ēĖũćđĎďďĈĒđĉũıũćĒĊĊČđĈćĊũıũćĒĒĒćĈĉĊćũıũ
7$1 %8(1$ &202 /$ /,32 &$0%,$ 78 1$5,=
/-,,+
ćĒĎĊĎđďĉćũıũćĊĉČĈĈĊĉČ
'LU &GOD (VSDxD FDOOH 0XUFLD HQWUH %DUFHORQD \ 4XL] 4XL] 7HOI 0RYL ² &ODUR
),*85$ %(//(=$ < 6$/8'
/-,.-
+,'52 ² 8/75$&$9,7$&,Ð1
/.&('
3,(5'$ FP (1 7$1 62/2 81$ (6&8(/$ '( &260(72/2*Ì$ HQ PLQXWRV 6(6,Ð1
VLQ FLUXJtD %,23/$67,$
(035(6$ &216758&725$
0(',&,1$ ),6,&$ (67(7,&$
#!#2(3 ũ!.-31 3 1ũ./#1 ".1#2ũ "#ũ31 !3.1#2ũ8ũ#2! 5 ".1 2ũ/ 1 ũ 31 ) 1ũ#-ũ"($#1#-3#2ũ/ 13#2ũ"#+ũ/ ~2ũ #04(2(3.ũ(-"(2/#-2 +#ũ+(!#-!( ũ3(/.ũ ēũ -$.1,#2ũ +ũ3#+_$.-.ũćĒĒĎĊĎćĉđ
0(',&,1$ ),6,&$ (67(7,&$ 'LU &GOD (VSDxD FDOOH 0XUFLD HQWUH %DUFHORQD \ 4XL] 4XL] 7HOI 0RYL ² &ODUR
0(',&,1$ ),6,&$ (67(7,&$
'LU &GOD (VSDxD FDOOH 0XUFLD HQWUH %DUFHORQD \ 4XL] 4XL]
/.&-* 7HOI 0RYL ² &ODUR
7$1 %8(1$ &202 /$ /,32
/.'*+
+,'52 ² 8/75$&$9,7$&,Ð1 3,(5'$ FP (1 7$1 62/2 81$ 6(6,Ð1
I; L;D:;
/-,/+
-ũ+.3#ũ"#ũ3#11#-.ũ"#ũďđĊĈũ,ĉĔũ!.-ũ3.".2ũ+.2ũ 2#15(!(.2ũ ;2(!.2ũ4 (! ".ũ#-ũ+ ũ "+ ēũ 2' / , ũ IJũ ++#ũ +(ũ/ 2 -".ũ+ 2ũ ."#% 2ũ"#+ũ 4-(!(/(.ũ
0(',&,1$ ),6,&$ (67(7,&$ 'LU &GOD (VSDxD FDOOH 0XUFLD HQWUH %DUFHORQD \ 4XL] 4XL] 7HOI 0RYL ² &ODUR
/.&-*
-$ēĖũćĉĉĉČćďĎĐũIJũćĒĒćĈĐďďĐũ ćđćĎĉđĉĎď
D[Y[i_jW fWhh_bb[he Yed [nf[h_[dY_W ik[bZe *+&" c|i X[d[Ò Y_ei Z[ b[o$ Fh[i[djWhi[ 0 Gk_je o IkYh[ Z[ ''^&& W ',^&& o Z[ '.^&& W ((^&&$ &/').().,
/8&,$12 £867(' <$ 6( &$16Ð '( )$/6$6
3XHV FRQR]FD DO ~QLFR DPDUUH TXH GHPXHVWUD ORV UHVXOWDGRV HO PLVPR GtD SRUTXH HVWH DPDUUH VL OH PXHVWUD UHVXOWD GRV UHDOHV 6,1 9$1$6 (63(5$1=$6 < 6,1 )$/6$6 ,/86,21(6 \ SRGUi XVWHG JR]DU QXHYDPHQWH GH VX IHOLFLGDG UHXQLGR FRQ ORV VHUHV TXH DPD
9,6Ì7$0( 2 //$0( &(/
&(1752 1$785,67$ /8= < 9,'$ 'U /XtV &HGHxR (/-%/0!4! 9 .!452)34! n4%2!0)! .%52!, %NFERMEDADES #RØNICAS COMO $60$ ',$%(7(6 $575,7,6 267(232526,6 *$675,7,6 $57526,6 (7&
$IRECCIØN !V #EVALLOS Y #ASTILLO 4ELF !MBATO n %CUADOR
/.',+
2À FLQDV FRQ EDxR SULYDGR ,QIRUPHV -R\HUtD 7LIIDQ\ 0HUD \ 6XFUH )RQR
B7 97I7 :; 8EJJ;HE H;IJ7KH7DJ;$
JI
$55,(1'2
/-/,(
/.&//
'5 &$5/26 5 52'5Ì*8(= /2=$'$
&,58*,$ %$5,$75,&$ /$3$526&23,&$ 2%(6,'$'
&,58*,$ /$3$526&23,&$ (1)(50('$'(6 '(
',5(&&,21 7RPiV 6HYLOOD \ &ROyQ 7HOI ([W
/.'+.
@ > E I C 7 H
'5 (15,48( 0$/'21$'2 ,10812 $/(5*2/2*2
BW efehjkd_ZWZ gk[ YWcX_Wh| jk l_ZW o j[ ZWh| \[b_Y_ZWZ fWhW i_[cfh[$ ;IJ7I IEBE 7 [ijWi Z[i[f[hWZe W j[ ^Wd WXWdZedWZe" j[ ^Wd i_Ze _dÒ [b e i[ ^Wd XkhbWZe Z[ j_ ¶OW de ik\hWi d_ j[ bWc[dj[i c|i " [b cW[ijhe @>EIC7H [i [b d_Ye o l[hZWZ[he [d h[Wb_pWh [b c|i [\[Yj_le jhWXW`e Z[ Wceh gk[ jWdje [ijWXWi % "# # " $ " [if[hWdZe" fWhW gk[ ik fWh[`W h[]h[i[ _dc[Z_WjWc[dj[ feh cko Z_ijWdj[" \h_W &! # " ' PLpUFROHV GH e b[`ei gk[ i[ [dYk[djh[" [b e [bbW l[dZh| i_d gk[ KZ$ bW bbWc[ e bW Xkigk[" i_]W e $ ! # !" "#! ! f[hi_]W" ik fWh[`W j[ he]Wh|" j[ ikfb_YWh|" j[ bbehWh|" i[ ^kc_bbWh|" o j[ f[Z_h| gk[ 0D\R h[]h[i[i W ik bWZe" `WcWi j[ WXWdZedWh| " W jWd iebe (+$&& :EB7H;I$ JhWXW`ei ]WhWdj_pWZei" j[ b_XhWcei Z[ Xhk`[h_Wi" iWbWc_[djei" [d\[hc[ZWZ[i" GH cWbWi e Z[iYedeY_ZWi o cWbW ik[hj[$ B[YjkhW Z[b JWhej
(1)(50('$'(6 $/e5*,&$6 $VPD ULQLWLV JULSH EURQTXLWLV XUWLFDULD DOHUJLD GH OD SLHO VHQVLELOLGDG D LQVHFWRV DFQp WUDWDPLHQWR FRQ YDFXQDV /XJDU +RVSLWDO 0LOOHQQLXP
;nf[hje [d b_]WZkhWi o 9khWY_ed[i W YehjW o bWh]W Z_ijWdY_W
$7(1&,Ð1
'LUHFFLyQ 3DUHMD 'LH]FDQFHFR \ %ROtYDU 6HYLOOD 7HOpIRQRV ² H[W ² &HO
J$ FEHJ70 &/)*()+)& % J$ CEL?IJ7H0 &/+'())-'
/.'&)
/.&*)
/.').
/.&&/
/-),-
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏŏ
āĆ
.02)-!1 %01)!-!1 .0)7.-2!+%1 6 %02)#!+%1 +&.,"0!1 )1. +.2!-2% "0!1 $% 02%
/.'+,
)+1.- 3%4!0! !00! .-78+%7 380%7 6 %$0. !0". %+& ,!)+ #.02)+3*. 5('/ (.2,!)+ #.,
.,)#)+). %+
32//2 < &$51( $6$'$ '( 6$%25(6 3$5,//$'$6 3,1&+26 $/08(5=26 '(6$<8126 (16$/$'$6 %8))(7
/-/,+
*5832 )(55(7(52
3,62 )/27$17(
$/(0$1
0$;)/2$7,1* )/225 (852)/25,1
'(6'( ,167$/$'2 ,1&/8<(
%$55('(5$6 32/<63$1'(5 $,6/$17( 0$12 '( 2%5$ ,1&/8<( ,9$
$Y /DV $PpULFDV \ &RORPELD 7HOI &HO 0RYL &ODUR
-2<(5,$
³6$1'5,7$´ ³*5$1'(6 '(6&8(1726 325 (/ ',$ '( /$ 0$'5(´ -R\DV )LQDV GH SODWD 2UR GH /H\ 7UDEDMRV ([FOXVLYRV 5HORMHV GH ODV 0HMRUHV 0DUFDV
%$' ")% * %)! # & "+ %$%
%#! !"!% # '% ( %&
7(1(026 /26 0(-25(6 35(&,26
0(',&,1$ ),6,&$ (67(7,&$
&XLGD D 0DPi 2%6(48,$1'2/(
8Q WUDWDPLHQWR GH UHGXFFLyQ GH PHGLGDV FRQ OD PHMRU WHFQRORJtD ± +LGUR 8OWUD FDYLWDFLyQ WDQ EXHQD FRPR OD OLSR 5HMXYHQHFLPLHQWR IDFLDO /LPSLH]D IDFLDO
/.'--
% + # ! % , * !
2 %3& '(+ / / !+, + ) *,$ $) ' (222 $* % +) 4 %%! -* $ !',*! * !%(' / -$0 -$0 !%" (.$ 1 /.&-+ % *(
/.')-
*
'(6'(
/--/
%% # #! & ( '! # % " !!# ) #& &$' & !
/-.&-
;b c[`eh h[]Wbe fWhW bWi cWZh[i
+PZFSÓB Z 3FMPKFSÓB
FWhW jeZe Yecfhec_ie ieY_Wb0 Yed fkdjkWb_ZWZ" [b[]WdY_W o fhe\[i_edWb_ice :h$ <[hdWZe LWh]Wi :?H;9JEH
t&YDMVTJWPT NPEFMPT FO 1MBUFSÓB öOB /.'+(
9[bkbWh0 F$ &//',*-/( # C$ &/.,+-+'&
!
,.$ .$5$7( ,17(51$7,21$/ .$5$7( $662&,$7,21
0$5,$&+, 7(48,/$ $=8/
/.'+-
'2
'()(16$ 3(5621$/ 5($/ &85626 3(50$1(17(6 '( '()(16$ 3(5621$/ 32/,&,$/ (&&,21 .$5$7( 75$',&,21$/ +25$5,26 $ (/ 6 .$5$7( 3$5$ (-(&87,926 '$0$6 &$%$//(526 < 1,f2 -8 -8768 < $,.,'2 3(6$6 '(6$552//2 086&8/$5
5IUn \M LWa MV ^QLI IUWZ a KIVKQWVM[ XWZY]M LM U]MZ\I XIZI Y]M \IV\I[ NTWZM[
+-4=4): !!
'LU 0DOGRQDGR \ %ROtYDU WR 3LVR /.'-) 7HOI ±
+WV 2]IV /IJZQMT MK]I\WZQIVW )UWZ M\MZVW
/.'-, /--&*
9KHIE FH;KD?L;HI?J7H?E 1 ũ(-%1#2.ũ ũ+ 2ũ/1(-!(/ +#2ũ4-(5#12(" "#2ũ"#+ũ/ ~2
#ũ/1#/ 1 ,.2ũ#-Ėũ 9.- ,(#-3.ũ ¢%(!.ũIJũ 3#,;3(!.Ĕũ5#1 +Ĕũ
³523$ ,17(5,25 (1 /$6 0(-25(6 0$5&$6´
231 !3.Ĕũ3_!-(! 2ũ"#ũ#234"(.ũ#ũ(-5#23(% !(¢-ē
$ % ! ! &
#+$ēĖũćđČđČĎĐĈĉũıćĒĎđďČćďćũIJũćĒďĈČĉđĈđũIJũĉũđĉĒĈďĎ
' &" #
(&-))
(1#!!(¢-Ėũ 5ēũ 4(2ũ 4(2ũũĸ"( %.- +ũ +ũ .+#%(.ũ .+~5 1Ĺ .1 1(.Ėũ 4-#2ũ ũ ; ".ũ ũ#2!.%#1 #ũ#2/#1 ,.2Ĕũ#+ũĒćŘũ"#ũ-4#231.2ũ 2/(1 -3#2ũ(-%1#2 -ũ ũũ+ ũġ Ģ/.'.'
/.&,-
3RU HO 'tD GH OD 0$'5( WX PHMRU UHJDOR HV XQD VHUHQDWD
āć
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
." ũ+ ũ(-$.1, !(¢-ũ)4"(!( +ũ#-Ė 666ē"#1#!'.#!4 ".1ē!.,
ũ
ũ ũ ũ ũ
ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ ĸ Ĺũ ũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ
ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ē ũ ũ Ĕũ ũ
Ĕũ ēũ ũ ũ ē Ĕũĸ Ĺ Ĕũ ũ ēũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ
ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ Ĕũ ēũ ũ ũĸ Ĺ ũ ũ Ėũ ĉĒũ ũ ũ ũĉćĈć ũ ēũĈćĈďıĉćĈć Ėũ ũ ũ ũ ũ ũ ũ ēũ ũ , 3.Ĕũ 5(#1-#2ũ ĉđũ "#ũ #-#1.ũ "#+ũ ĉćĈĈĔũ + 2ũ ćđ'ČĎēũ ēũ 3(2$#!'.ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.ũ '#!'.ũ/.1ũ#+ũ 49% ".ēũũ 5.!.ũ!.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ 5(134"ũ "#+ũ 2.13#.ũ 5#1($(! ".ũ8ũ#-ũ,(ũ!.-"(!(¢-ũ"#ũ 4#9ũ (34+ 1ũ "#+ũ "#2/ !'.ēũ ũ -ũ 5(134"ũ "#ũ + ũ 1.!41 !(¢-ũ
4"(!( +ũ .3.1% " ũ /.1ũ + ũ 2# .1 ũ 1!(9 ũ "#+ũ 1,#-ũ -9 / -3 ũ 4(2(-%.ũ +ũ %ēũ #1-;-ũ 1!#+.ũ +" 9ũ 8ũ #++8ũ ¢/#9Ĕũ 3_-ı % 2#+#2ũ #-ũ 242ũ ! +(" "#2ũ (-5.! " ũ #-ũ + ũ /1#2#-3#ũ ! 42 ēũ ũ ũ "#, -" ũ #2ũ !+ 1 ũ 8ũ 1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ+#8Ĕũ#-ũ!.-2#!4#-!( ũ 2#ũ !#/3 ũ +ũ31;,(3#ũ #1 +ũ 4, 1(.ēũ ~3#2#ũ !.-ũ #+ũ !.-3#-(".ũ "#ũ + ũ "#, -" ũ 8ũ 43.ũ 1#! ~".ũ ũ+ ũ,(2, ũ +ũ2# .1ũ ũ ũ ũ Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ4-.ũ"#ũ+.2ũ"( 1(.2ũ04#ũ2#ũ#"(3 -ũ#-ũ#23 ũ !(4" "ũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũ ĈĈĒũ "#+ũ ¢"(%.ũ (5(+Ĕũ !.-$(_1 2#ũ #+ũ #731 !3.ũ 1#2ı /#!3(5.Ĕũ2(-ũ/#1)4(!(.ũ"#ũ04#ũ2#ũ+#ũ!(3#ũ#-ũ#+ũ +4% 1ũ04#ũ$4#1 ũ#-!.-31 ".ũ/#12.- +,#-3#ēũũ 1.5_ 2#ũ "#ũ !41 ".1ũ "ı+(3#,ũ ũ + ũ ,#-.1ũ ' (" ũ#-ũ#+ũ, 31(,.-(.Ĕũ/ 1 ũ+.ũ04#ũ 3#-3 ũ ũ+ ũ24%#1#-!( ũ!.-23 -3#ũ#-ũ+ ũ"#, -" ũ2#ũ -., 1 ũ ũ+ ũ2# .1 ũ 1~ ũ 1,#-ũ 4(2(-%.ũ (+5 ũ04(#-ũ#-31 1;ũ#-ũ$4-!(.-#2ũ#-ũ24ũ"# (ı " ũ ./.134-(" "ēũ ũ %1_%4#2#ũ +ũ /1.!#2.ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ēũ ũ ũ ¢,#2#ũ -.3 ũ "#+ũ! 2(++#1.ũ)4"(!( +ũ"#2(%- ".ũ/ 1 ũ1#!( (1ũ $4341 2ũ-.3($(! !(.-#2ũ8ũ+ ũ 43.1(9 !(¢-ũ04#ũ +#ũ !.-!#"#ũ ũ 24ũ "#$#-2.1ũ #-ũ + ũ /1#2#-3#ũ ! 42 ēũũ ~3#2#ũ8ũ-.3($~04#2#ē (1, ũ +#%( +# ēũ ũ ũ
#13($(!.Ė (1, ũ +#%( +# %ēũ 1(#+ ũ 5(+
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ēũ ũ ũ ũ ēũ ũćĊũ ũ ũĉćĈĈē (1, ũ +#%( +# ēũ 1(#+ ũ 5(+ 8ũ4-ũ2#++. ĈĒČđĈĵĒĐČĊđ 44
ũ ũ ũ ũ ēũ ũ Ėũ .ēũĎććĵĉćĈć Ėũ ũ ũ ũ Ėũ
ũ ũ
ũ 4 -3~ Ėũ
Ėũ 1ēũ Ì+ũ 231.ũ ē ĎććıĉćĈć
ũ ũ ũ ũ ũ ũ ēıũ .2Ĕũ ĈĐũ "#ũ #-#1.ũ "#+ũ ĉēćĈĈĔũ + 2ũ Ĉć'Ċćēıũ Ėũ ũ + ũ "#, -ı " ũ /1#2#-3 " ũ /.1ũ ũ ũ ũ ũ2#ũ+ ũ! +($(! ũ"#ũ!+ 1 Ĕũ /1#!(2 ũ8ũ!.,/+#3 Ĕũ/.1ũ1#4-(1ũ+.2ũ1#04(2(3.2ũ "#3#1,(- ".2ũ /.1ũ + ũ +#8Ĕũ 8ũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ 5#1 +ũ 24, 1(.ēũ ũ ")Ì-3#2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ !.,/ " ũ +ũ #2!1(3.ũ(-(!( +Ĕũ3¢,#2#ũ#-ũ!4#-3 ũ+ ũ!4 -3~ Ĕũ #+ũ! 2(++#1.ũ)4"(!( +ũ04#ũ2# + ũ/ 1 ũ$4341 2ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.1(9 !(¢-ũ 04#ũ ' !#ũ ũ 24ũ .% ".ũ / 31.!(- ".1ũ / 1 ũ 04#ũ 242ı !1( ũ#-ũ24ũ"#$#-2 ēũũ ~3#2#ũ +ũ"#, -" ".ũ
ũ ũ
ũ Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ#-ũ+ ũ!(4" "ũ"#ũ , 3.ũ#-ũ+ ũ$.1, ũ "#3#1,(- " ũ/.1ũ#+ũ 13ēũĈĈĒũ"#+ũ ¢"(%.ũ (5(+Ĕũ ũ $(-ũ "#ũ 04#ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ ).ũ /1#5#-!(.-#2ũ #-ũ 1# #+"~ ēıũ .3($~04#2#ēıũ $Ĺũ 1ēũ Ì+ũ 231.ũ ēũ 4#9ũ (5(+ũ"#ũ .2ē
.ũ 04#ũ !(3.ũ ũ 423#"ũ / 1 ũ +.2ũ $(-#2ũ "#ũ #8Ĕũ /1#5(-(_-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ3(#-#ũ"#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ $4341 2ũ -.3($(! !(.-#2ē (1, ũ +#%( +# 1 ēũ + "82ũ +.1#2ũ 4#-, 8.1 8ũ4-ũ2#++. ĈĒďČćĵĒđĈćĉ 44
ēũ"#+ũ ē ıũ
ũ ũ ũ ũ ũ ũ
Ĕũ ũ .ũćĉĐČıĉćĈĈ Ĕũ ũ
Ĕũ ēũ ũ ũ ũ ĸ #,/.1 +Ĺ Ĕũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕũ Ė
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ , 13#2ũ Ĉďũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ćĒ'ĎĈēıũ Ėũ (_-".2#ũ " ".ũ !4,/+(,(#-3.ũ ũ +.ũ .1"#- ".ũ #-ũ /1.ı 5("#-!( ũ04#ũ -3#!#"#Ĕũ+ ũ"#, -" ũ#2ũ!+ 1 ũ 8ũ !.,/+#3 Ĕũ 2#ũ +.ũ ",(3#ũ +ũ 31;,(3#ũ #-ũ )4(!(.ũ #1 +ũ 4, 1(.ũ04#ũ2#ũ" ũ ũ+ ũ! 42 ēũ ~3#2#ũ ũ 4(2ũ #/3 +~ũ 1#"#2ũ 4#13#2Ĕũ/.1ũ + ũ/1#-2 ũ,#"( -3#ũ31#2ũ/4 +(! !(.-#2ũ#ũ4-ũ "( 1(.ũ"#ũ+ ũ+.! +(" "Ĕũ -3#ũ#+ũ)41 ,#-3.ũ"#ũ + ũ / 13#ũ !3.1 ũ "#ũ "#2!.-.!#1ũ 24ũ 1#2("#-ı !( Ĕũ /4 +(! !(.-#2ũ 04#ũ 2#ũ ' 1;-ũ ,#"( -".ũ #+ũ3_1,(-.ũ"#ũ.!'.ũ"~ 2ũ"#ũ4- ũ ũ.31 ũ8ũ"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ "# #1;ũ !.,/ 1#!#1ũ + ũ/ 13#ũ"#, -" " ũ#-ũ5#(-3#ũ"~ 2ũ ũ' !#1ũ 5 +#1ũ 24ũ "#1#!'.ũ ).ũ /#1!( (,(#-3.ũ "#ũ 1# #+"~ Ĕũ /1#5(-(_-".+#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ -.3($(! !(.-#2ēũ ũ ~3#2#ũ ũ +.2ũ ,#-.1#2ũ "4+3.2ũ #1¢-( ũ - #+ũ 8ũ 4(2ũ -"1_2ũ 1#"#2ũ #% + ".Ĕũ ũ$(-ũ"#ũ04#ũ(-2(ı -Ì#-ũ !41 ".1ũ "ı+(3#,ũ 04#ũ +.2ũ 1#/1#2#-3#ũ #-ũ #23 ũ ! 42 Ĕũ +4#%.ũ "#ũ !(3 ".ũ +#% +,#-3#ũ #+ũ "#, -" ".ēũ ũ 4_-3#2#ũ !.-ũ #+ũ 2# .1ũ
4#9ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ũ .ēũ Čēũũ ¢,#2#ũ#-ũ!4#-3 ũ#+ũ! 2(++#1.ũ2# + ".ũ/.1ũ + ũ !.,/ 1#!(#-3#ũ / 1 ũ 242ũ -.3($(! !(.-#2ēıũ .3($~04#2#ũ 8ũ !~3#2#ũ $Ĺũ +ũ 4#9ēũ #13($(!.ēũ
ũ #!1#3 1( ēı 13(!4+ 1ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ"#+ũ "#, -" ".ũ 8ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +Ĕũ / 1 ũ +.2ũ$(-#2ũ"#ũ #8ũ!.-2(%4(#-3#2ēı (1, ũ +#%( +# -( ũ 8.1% ũ 1!_2 #!1#3 1( 8ũ4-ũ2#++. ĈĒďĎćĵĒđĈĉĊ 44
ũ
ũ ũ ũ ũ
ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
Ėũ ēũ ũ ũ ē Ėũ Ėũ ũ ũ ũ Ėũ ũ
ũ ũ Ėũ ēũ ũ ũ ũ ũ Ėũ Čũ ũ ũ ũĉćĈĈē ũ .ēũĉćĈĈıćĉĊĉ ũ ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ 5(#1-#2ũ ĈĎũ "#ũ 1(+ũ"#+ũĉćĈĈĔũ+ 2ũćđ'Ĉćũ Ėũ 3(2$#!'.ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.ũ '#!'.ũ /.1ũ #+ũ
49% ".ēũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#ı 2#-3#ũ ! 42 ũ #-ũ 5(134"ũ ũ "#+ũ 2.13#.ũ 5#1($(! ı ".ũ 8ũ #-ũ ,(ũ !.-"(!(¢-ũ "#ũ 4#9ũ (34+ 1ũ "#+ũ "#2/ !'.ēũ ũ -ũ +.ũ /1(-!(/ +ũ + ũ "#, -" ũ #2ũ !+ 1 ũ 8ũ !.,/+#3 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ +#8ũ 8ũ 2#ũ + ũ !#/3 ũ ũ )4!(.ũ #1 +ũ 4, 1(.ũ !.,.ũ 2~ũ2#ũ"#!+ 1 ēũũ ~3#2#ũ +ũ2# .1ũ ũ ũ ũ
Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(ı 3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũ ĈĈĒũ "#+ũ ¢"(%.ũ (5(+Ĕũ !.-$(_1 2#ũ #+ũ #731 !3.ũ 1#2/#!3(5.ēũ ũ ũ $(-ũ "#ũ /1.5##1ũ "#ũ !41 ".1ũ "ı+(3#,ũ "#+ũ ,#-.1ũ ' (".ũ "#-31.ũ "#+ũ , 31(,.-(.Ĕũ ¢(% 2#ũ + 2ũ 24%#1#-!( 2ũ "#ũ ".2ũ / 1(#-3#2ũ "#ũ %1 ".ũ ,;2ũ !#1! -.ũ .ũ ũ 24ũ $ +3 ũ + ũ "#ũ ".2ũ /#12.- 2ũ '.-.1 +#2ũ "#ũ + ũ +.! +(" "ēũ ũ %1_%4#-2#ũ +ũ /1.!#2.ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ēũ ũ ¢,#2#ũ -.3 ũ "#+ũ! 2(++#1.ũ)4"(!( +ũ"#2(%- ".ũ/ 1 ũ1#!( (1ũ $4341 2ũ-.3($(! !(.-#2ũ8ũ+ ũ 43.1(9 !(¢-ũ04#ũ +#ũ !.-!#"#ũ ũ 24ũ "#$#-2.1ũ #-ũ + ũ /1#2#-3#ũ ! 42 ēũũ ~3#2#ũ8ũ-.3($~04#2#ē (1, ũ +#%( +# ēũ ũ
ũ #13($(!.Ė (1, ũ +#%( +# %ēũ 1(#+ ũ 5(+
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ēũ ũ ĉćũ ũ ũ ũĉćĈĈē (1, ũ +#%( +# 1(#+ ũ 5(+ ũ %ē 8ũ".2ũ2#++.2ũ ĈĒďĎĊĵĒđĈĊć 44
ũ
ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ /.1ũ "#2!.-.!#1ũ 24ũ !34 +ũ ".,(!(+(.Ĕũ1#2("#-!( ũ.ũ(-"(5("4 +(" "Ĕũ2#ũ+#ũ ' !#ũ2 #1ũ+.ũ04#ũ2(%4#Ė
ũ .ēũććđĒıĉććČ ũ ũ Ėũ ũ Ĵũ ũ ĸ ũ ũ ũ ũ ũ ũ Ĺ Ėũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ėũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũ ĉĎũ "#ũ %.23.ũ "#+ũ ĉćĈćĔũ + 2ũ ĈČ'ČĎēũ ũ Ėũ
ũ "#, -" ũ -!("#-3 +ũ "#ũ 73(-!(¢-ũ "#ũ #-2(¢-ũ +(,#-3(!( ũ /1#2#-3 " ũ /.1ũ "% 1ũ #+ 1".ũ Ì #9ũ 1#"#2Ĕũ /.1ũ 1#4-(1ũ +.2ũ 1#04(2(3.2ũ"#ũ #8Ĕũ2#ũ+ ũ !#/3 ũ +ũ31;,(3#ũ"#ũ
4(!(.ũ ũ Ĕũ/.1ũ+.ũ3 -3.Ĕũ!~3#ı 2#ũ!.-ũ+ ũ,(2, Ĕũ#+ũ#2!1(3.ũ04#ũ/1#!#"#ũ8ũ+ ũ /1#2#-3#ũ /1.5("#-!( Ĕũ #-ũ #+ũ +4% 1ũ 2# + ".ũ / 1 ũ #+ũ #$#!3.Ĕũ ũ +.2ũ "#, -" ".2ũ ũ ũ ũ ũ 8ũ ũ ũ ũ Ĕũ ũ$(-ũ "#ũ04#ũ!.,/ 1#9! -ũ ũ 4(!(.ũ8ũ2# +#-ũ! 2(ı ++#1.ũ)4"(!( +ũ/ 1 ũ242ũ-.3($(! !(.-#2Ĕũ/ 1 ũ+.ũ 04#ũ2#ũ#-5( 1;ũ+ ũ1#2/#!3(5 ũ".!4,#-3 !(¢-ũ ũ + ũ $(!(- ũ "#ũ (3 !(.-#2ēũ ũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 04#ũ 2# + ũ #+ũ !3.1ũ / 1 ũ #$#!3.ũ "#ũ 242ũ -.3($(! !(.-#2ēũ %1_%4#-2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ēũũ ~3#2#ũ8ũ-.3($~04#2#ē (1, ũ +#%( +# ēũ ũ ũ
#13($(!.Ė ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ ũ , 3.Ĕũ 5(#1-#2ũ Ĉũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĎ'ćđēũ ũ .1ũ !4 -3.ũ #+ũ !3.1ũ"#!+ 1 ũ!.-ũ)41 ,#-3.ũ04#ũ+#ũ' ũ2(".ũ (,/.2( +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "ũ "#+ũ "#, -" ı ".ũ ũ ũ ũ Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#ũ + ũ ."($(! !(¢-ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ!~3#2#+#ũ!.-ũ+ ũ"#, -ı " ũ (-!("#-3 +ũ "#ũ 73(-!(¢-ũ "#ũ #-2(¢-ũ +(,#-3(!( ũ #-ũ $.1, ũ #731 !3 " ĔĔũ + ũ /1.5(ı "#-!( ũ"#ũ$.) 2ũĒĎũ53 ēũ8ũ+ ũ/1#2#-3#ũ/1.5(ı "#-!( Ĕũ,#"( -3#ũ31#2ũ/4 +(! !(.-#2Ĕũ#-ũ4-.ũ "#ũ+.2ũ ( 1(.2ũ04#ũ2#ũ#"(3 -ũ#-ũ#23 ũ (4" "Ĕũ ũ $(-ũ "#ũ 04#ũ !.,/ 1#9! ũ ũ 4(!(.ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2ēũũ .3($~04#2#ē (1, ũ +#%( +# ēũ ũ
#13($(!.Ė (1, ũ +#%( +# 1ēũ 1!.ũ + 9 1
.ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ / 1 ũ +.2ũ $(-#2ũ+#% +#2ũ!.-2(%4(#-3#2ē (1, ũ +#%( +# ēũ ũ ũ 8ũ4-ũ2#++. ĈĒďĎďĵĒđĈĊĎ
ēũ"#+ũ ē
ũ ũ ũ ũ ũ ũ ũ ũ ē !3.1Ėũ ũ ũ ũ
ũ #, -" ".Ėũ ĸ Ĺũ ũ ũ ũ
4(!(.ĖũĉćĈĈıćČĊď Ėũ ũ ũ ũ ũ
ũ Ėũ ēũ ũ #!1#3 1(.Ėũ 1ēũ 1(.ũ (! ũ ē
4"(! 341 Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ē
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ēũ ũ , 3.Ĕũ )4#5#2ũ ĉĈũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĎ'Čĉēũ ũ Ėũ .1ũ #+ũ 2.13#.ũ 1# +(9 ".ũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ ,(ũ ! +(" "ũ "#ũ
4#9ũ #%4-".ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ũ "#+ũ ! -3¢-ũ , 3.ēıũ .1ũ !4,/+(".ũ !.-ũ #+ũ 1#04#1(,(#-3.ũ "#ũ #23 ũ 4"(! 341 ēũ ũ ũ "#, -" ũ 04#ũ -3#!#"#ũ /1#2#-3 " ũ /.1ũ ũ ũ ũ
ũ ũ #2ũ !+ 1 Ĕũ /1#!(2 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(ı 2(3.2ũ#23 +#!(".2ũ#-ũ#+ũ 13ēũďĐũ"#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ /.1ũ +.ũ 04#ũ 2#ũ +#ũ !#/3 ũ +ũ31;,(3#ũ .-3#-!(.2.ũ #-#1 +ēũũ -ũ !.-2#!4#-!( ũ!~3#2#ũ +ũ"#, -" ".ũ ũ ũ ũ Ĕũ /.1ũ ,#"(.ũ "#ũ + ũ /1#-2 ũ"#ũ#23 ũ!(4" "ũ"#ũ , 3.ũ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "#3#1,(- ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ!.,.ũ-.1, ũ 4/+#3.1( ũ
"#+ũ ¢"(%.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( Ĕũ /.1ũ !4 -3.ũ #+ũ !!(.- -3#ũ ' ũ , -($#23 ".ũ ).ũ)41 ,#-3.ũ"#2!.-.!#1ũ#+ũ".,(!(+(.ũ"#+ũ "#, -" ".ēũ ũ ũ $(-ũ "#ũ 04#ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ/.23#1(.1#2ũ-.3($(! !(.-#2ēũũ _-% 2#ũ#-ũ !4#-3 ũ + ũ ! 2(++ ũ )4"(!( +ũ .ēũ ĉĈČũ 2# + " ũ /.1ũ+ ũ !!(.- -3#ũ/ 1 ũ1#!( (1ũ242ũ-.3($(! ı !(.-#2ũ /.23#1(.1#2Ĕũ 2~ũ !.,.ũ + ũ 43.1(9 ı !(¢-ũ !.-$#1(" ũ ũ 24ũ .% ".ũ / 31.!(- ".1ēũũ ~3#2#ũ8ũ-.3($~04#2#ē
.ũ 04#ũ !.,4-(!.ũ ũ 423#"Ĕũ / 1 ũ 24ũ !.-.!(ı ,(#-3.ũ8ũ$(-#2ũ+#% +#2ũ/#13(-#-3#2ē (1, ũ +#%( +# ēũ ũ ũ ē ũ ũ ũ ũ ũ ũ ũ ũ ē 8ũ4-ũ2#++. ĈĒďĉČĵĒđćĎĒ 44
ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ēũ ēũ Ėũ ũ ũ ũ ē Ėũ ũ ũ ũ
ũ Ėũ ũ ũ ũ Ėũ ē
Ėũ 1 ēũ ũ } ũ ēũ ēũ
ũ ũ ũ ũ ũ 8ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ,(_1!.+#2ũĉĐũ"#ũ 1(+ũ"#+ũĉćĈĈĔũ+ 2ũćĒ'Ĉćēıũ Ėũ .1ũ !4,/+(".ũ #+ũ 1#04(2(3.ũ #23(/4+ ı ".ũ #-ũ #+ũ 13ēũ đĉũ (-!(2.ũ Ċŗũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ #-ũ 5(134"ũ "#ũ +.ũ !4 +ũ #+ũ 2# .1ũ ũ ũ ũ ũ ).ũ )41 ,#-3.ũ #7/1#2 ũ "#2!.-.!#1ũ #+ũ ".,(!(+(.ũ .ũ #2("#-!( ũ !34 +ũ "#+ũ 2# .1ũ ũ ũ ũ ũ /.1ũ +.ũ 04#ũ 2#ũ ! +($(! ũ ũ + ũ "#, -" ũ "#ũ 73(-!(¢-ũ "#ũ 2#1ũ !+ 1 Ĕũ /1#!(2 ũ 8ũ "#ũ 1#4-(1ũ +.2ũ1#04(2(3.2ũ+#% +#2ũ!.11#2/.-"(#-3#2Ĕũ/.1ũ +.ũ 04#ũ 2#ũ +#ũ !#/3 ũ +ũ 31;,(3#ũ 2/#!( +ũ "#+ũ 1.!#"(,(#-3.ũ .-3#-!(.2.ũ #-#1 +ũ #23(ı /4+ ".ũ#-ũ#+ũ 13ēĉĐĈũ8ũ2(%4(#-3#2ũ"#+ũ ¢"(%.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ėũ #-ũ +.ũ /1(-!(ı / +Ĕũ !~3#2#ũ +ũ "#, -" ".ũ 2# .1ũ ũ ũ ũ Ĕũ /.1ũ ,#"(.ũ "#ũ 31#2ũ /4 +(! !(.-#2ũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ !(.- +ũ .ũ .! +Ĕũ /4 +(! !(¢-ũ 04#ũ !.-3#-ı "1;ũ#+ũ#731 !3.ũ"#ũ+ ũ"#, -" ũ"#ũ 4,#-3.ũ 8ũ #23 ũ /1.5("#-!( Ĕũ / 1 ũ 04#ũ "#-31.ũ "#+ũ /+ 9.ũ "#ũ 5#(-3#ũ "~ 2ũ !.-3 ".2ũ "#2/4_2ũ "#ũ + ũÌ+3(, ũ/4 +(! !(¢-ũ+ ũ"#, -" " ũ2# +#ũ 24ũ ".,(!(+(.ũ 4"(!( +ũ "#-31.ũ "#ũ + ũ (4" "ũ "#ũ , 3.ēũ / 1 ũ 04#ũ 1#!( ũ 242ũ $4341 2ũ -.3($(! !(.-#2Ĕũ! 2.ũ!.-31 1(.ũ2#ũ/1.2#%4(1;ũ !.-ũ + ũ 31 ,(3 !(¢-ũ "#ũ #23 ũ ! 42 ũ #-ũ 24ũ 1# #+"~ ēıũ ¢,#2#ũ #-ũ !4#-3 ũ #+ũ 2(++#1.ũ
4"(!( +ũ"#2(%- ".ũ/.1ũ#+ũ !3.1ũ/ 1 ũ1#!( (1ũ 242ũ$4341 2ũ-.3($(! !(.-#2ũ8ũ+ ũ 43.1(9 !(¢-ũ .3.1% " ũ ũ 24ũ .% ".ũ 31.!(- ".1ēıũ .1ũ !!(¢-ũ "#ũ #12.- +ũ 1.ēũ Ďćđı ı ıũ "#+ũ ĉĎũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ (-3#15#-% ũ #-ũ + ũ /1#ı 2#-3#ũ ! 42 ũ + ũ 1 ēũ # 31(9ũ _1#9ũ ;-!'#9ũ #-ũ! +(" "ũ"#ũ 4#9 ũ -! 1% " ũ"#+ũ 49% ".ũ 1(,#1.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ũ "#+ũ -3¢-ũ , 3.ēıũ .3($~04#2#ũ 8ũ Ì,/+ 2#ēũ $Ĺēıũ ēũ ũ ũ Ĕũ
ũ ũ ĸ Ĺē$ũ Ĺ 1ēũ #1- -".ũ .-2#! ũ ēũ #13($(! ēıũ ũ ēĢũũ
.ũ04#ũ/.-%.ũ#-ũ!.-.!(,(#-3.ũ"#+ũ/4 +(!.ũ #-ũ%#-#1 +Ĕũ/ 1 ũ+.2ũ$(-#2ũ+#% +#2 !.11#2/.-"(#-3#2ēũ (1, ũ +#%( +# 1ēũ #1- -".ũ .-2#! ũ ē ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ē 8ũ4-ũ2#++. ĈĒďĉďĵĒđćďĊ 44
ũ ũ ēũ"#+ũ ē
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
4(!(.Ėũ .ēũćČČĎıĉćĈĈ !3.1Ėũ ũ ũ ũ #, -" ".Ėũ ũ ũ ũ 42 Ėũ ũ "#+ũ ,#-.1ũ ũ ũ ũ
4#9Ėũ ēũ ũ #!1#3 1(.Ėũ ũ ũ #/#-"#-!( Ėũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ē Ėũ ġ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ ,(_1!.+#2ũ ĉćũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĐ'Čĉēũ ũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ,(ũ! +(" "ũ"#ũ 4#9 ũ ")4-3 ũ +ũ 49% ".ũ #%4-".ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ũ ,#"( -3#ũ #2.+4!(¢-ũ #,(3(" ũ /.1ũ #+ũ +#-.ũ "#+ũ .-2#).ũ"#ũ+ ũ 4"(! 341 ũ"#ũ$#!' ũĉćũ"#ũ
4+(.ũ"#+ũĉćĈćũũ8ũ#-ũ5(134"ũ"#+ũ2.13#.ũ1# +(ı 9 ".ēũũ #2#ũ/.1ũ!4,/+(".ũ#+ũ1#04#1(,(#-3.ũ 1# +(9 ".ũ/.1ũ_23 ũ 4"(! 341 ēũũ ũ"#, -" ı " ũ /1#2#-3 " ũ /.1ũ ũ ũ ũ Ĕũ #2ũ !+ 1 Ĕũ /1#!(2 ũ 8ũ /.1ũ 1#4-(1ũ +.2ũ1#04(2(3.2ũ"#ũ+#8ũ2#ũ !#/3 ũ ũ31;,(3#ũ"#ũ Ĕũ !.-ũ 24)#!(¢-ũ +ũ /1.!#"(,(#-3.ũ .-3#-!(.2.ũ #-#1 +Ĕũ /1#2!1(3.ũ #-ũ #+ũ 13ēũ ĉĐĈũ 8ũ 2(%4(#-3#2ũ "#+ũ ¢"(%.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ėũ #-ũ !.-2#!4#-!( ũ 8Ĕũ /.1ũ !4 -3.ũ #+ũ !!(.- -3#ũ ' ũ , -($#23 ".ũ ).ũ )41 ,#-3.ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ .ũ 1#2("#-!( ũ .ũ +4% 1ũ "#ũ 31 ).ũ "#ũ + ũ "#, -" " ũ ũ ũ ũ ēũ ~3#2#+ ũ #-ũ $.1, ũ #731 !3 " Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "#3#1,(- ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ -.1, ũ 24/+#3.1( ũ "#+ũ ¢"(%.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( Ĕũ ũ $(-ũ "#ũ 04#ũ 2# +#ũ ! 2(ı ++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ /.23#1(.1#2ũ -.3($(! !(.-#2ũ "#-31.ũ "#+ũ 3_1,(-.ũ +#% +Ĕũ ! 2.ũ !.-31 1(.ũ 2#ũ "#!+ ı 1 1;ũ 24ũ 1# #+"~ ēũ ũ %1_%4#2#ũ +ũ /1.!#2.ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ēũ ũ _-% 2#ũ #-ũ !4#-3 ũ + ũ ! 2(++ ũ )4"(!( +ũ .ēũ ĈČĐũ 2# + ".ũ /.1ũ#+ũ !!(.- -3#ũ 2~ũ!.,.ũ+ ũ 43.1(9 !(¢-ũ !.-!#"(" ũ ũ 24ũ .% ".ũ "#$#-2.1ēũ ũ !3Ì#ũ + ũ ēũ ( - ũ (2-#1.2ũ #!1#3 1( ũ "#ũ _23 ũ
4"(! 341 ũ ")4-3 ēũ ũ .3($~04#2#ēıũ ~3#2#ũ 8ũ .3($~04#2#ēıũ $ēıũ 1 ēũ 4!(+ ũ -#9ēıũ
ēıũ ēũ ũ #!1#3 1( Ĕũ$ēıũ ( - ũ (2-#1.2ũ ġēıũ ĸ (%4#-ũ + 2ũ -.3($(! !(.-#2Ĺēũ .ũ 04#ũ ũ ũ 423#"Ĕũ/ 1 ũ 24ũ !.-.!(,(#-3.ũ 8ũ $(-#2ũ +#% +#2ũ !.-2(%4(#-3#2Ĕũ /1#5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ "#ũ $() 1ũ ! 2(++ ũ )4"(!( +ũ #-ũ #23 ũ!(4" "ũ"#ũ , 3.Ĕũ/ 1 ũ242ũ/.23#1(.ı 1#2ũ-.3($(! !(.-#2ē (1, ũ +#%( +# ( - ũ (2-#1.2ũ 13(9 ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ 8ũ4-ũ2#++. ĈĒďČĈĵĒđĈćď
#-%.ũ ũ (#-ũ /.-#1ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ#-ũ%#-#1 +ũ04#ũ/.1ũ"#!1#3.ũ#7/#"(ı ".ũ/.1ũ#+ũ 1ēũ .1%#ũ 1!.2ũ 4#9ũ #,/.1 +ũ"#+ũ
4#9ũ 1(,#1.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ 2#ũ ' ũ 2# + ".ũ/ 1 ũ#+ũ"~ ũ"(#!(2_(2ũ"#ũ, 8.ũ"#+ũ .ũ#-ũ!412.ũ"#ũ+ 2ũ! 3.1!#ũ ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ#-ũ#+ũ)4(!(.ũ .ēũĉććĒıćďĈĈũ#+ũ1#, 3#ũ "#+ũ(-,4# +#ũ#, 1% ".
.2ũ +(-"#1.2ũ "#+ũ /1#"(.ũ 2.-ũ +.2ũ 2(%4(#-3#2Ėũ .1ũ #+ũ .13#Ėũ 1./(#" "ũ "#ũ +.2ũ #2/.2.2ũ (%4#+ũ -%#+ũ '(! (9 ũ '(! (9 ũ 8ũ 1~ ũ .-2.+ !(¢-ũ 4 ,;-ũ 2 04(9 ėũ 41Ėũ 1./(#" "ũ "#ũ _2 1ũ 4, #13.ũ (3#ėũ 23#Ėũ 1./(#" "ũ "#ũ #+ũ (3#ėũ #23#Ėũ 1./(#" "ũ "#ũ .2 ũ 2 04(9 ē +ũ;1# ũ3.3 +ũ"#ũ+ ũ24/#1$(!(#ũ"#ũ+ ũ/1./(#" "ũ #2ũ "#ũ ĉćČũ ,ĉũ !.-$.1,#ũ #+ũ #13($(! ".ũ "#ũ + ũ 1./(#" "ũ 04#ũ . 1 ũ #-ũ #+ũ /1.!#2.Ĕũ (-"(! -".ũ 04#ũ #-ũ "(!'.ũ (#-ũ (-,4# +#ũ 2#ũ . 2#15 ũ 4- ũ !.-2314!!(¢-ũ "#ũ +.04#ũ "#ũ '.1,(%¢-ũ 1, ".ē #2!1(/!(¢-ũ"#+ũ3#11#-.Ė +ũ +.3#ũ 2#ũ #-!4#-31 ũ #-ũ 4-ũ 2#!3.1ũ %1~!.+ ũ "#+ũ ! -3¢-ũ #+(+#.ēũ ũ +ũ +.3#ũ #2ũ "#ũ ! 1 !3#ı 1~23(! 2ũ/+ - 2ē
ũ(-$1 #2314!341 ũ04#ũ/.2##ũ#+ũ2#!3.1ũ#2Ė ı ++#ũ"#ũ3(#11 ı #15(!(.ũ"#ũ#-#1%~ ũ#+_!31(! ı %4 ũ .3 +#ē #2!1(/!(¢-ũ"#ũ+ ũ .-2314!!(¢-Ė - ũ!.-2314!!(¢-ũ"#ũĐČũ,ĉũ!.-ũ/ 1#"#2ũ"#ũ +.04#ũ2(-ũ#-+4!(1Ĕũ3#!'.ũ"#ũ3#) ũ%1(2ē 5 +Ì.ũ"#+ũ3#11#-.Ė #ũ !4#1".ũ ũ+ 2ũ! 1 !3#1~23(! 2ũ"#+ũ2#!3.1ũ #+ũ 5 +Ì.ũ "#+ũ 3#11#-.ũ #2ũ "#ũ Čũ 42"ũ ! " ũ ,#31.ũ!4 "1 ".ē 1# ũ"#+ũ3#11#-.ũŞũĉćČũ,ĉ 5 +Ì.ũ "#+ũ #11#-.ŞČĔććũ 7ũ ĉćČũ ,ĉũ Şũ đĈďũ 42"
5 +Ì.ũ"#ũ+ ũ .-2314!!(¢-Ė #ũ !4#1".ũ ũ + 2ũ ! 1 !3#1~23(! 2ũ "#ũ !.-2ı 314!!(¢-ũ#+ũ,#31.ũ!4 "1 ".ũ"#ũ!.-2314!!(¢-ũ !.11#2/.-"#ũ ũ 4-ũ /1#!(.ũ "#ũ ĐĎũ "¢+ 1#2ũ ,#1(! -.2ē 5 +Ì.ũ "#ũ + ũ .-2314!!(¢-Ėũ ĐĎũ 7ũ ĐČũ ,ĉũ ŞũĎēĎĎćũ42" +ũ 5 +Ì.ũ 3.3 +ũ "#ũ + ũ /1./(#" "ũ #2ũ "#Ėũ ďēĊďďũ 42"ũ ĸ ũ ũ ũ ũ ũ ũ !.-ũ ććĵĈććũ ũ Ĺ 8.1#2ũ(-$.1,#2ũ#-ũ+ ũ #!1#3 1~ ũ"#ũ#23 ũ
4"(! 341 Ĕũ /.2341 2ũ 04#ũ 2#ũ ")4"(! 1;-ũ +ũ ,#).1ũ/.23.1Ĕũ/.2341 2ũ04#ũ(1;-ũ !.,/ ı " 2ũ"#+ũĈćŘũ04#ũ"#3#1,(- ũ+ ũ #8Ĕũ#-ũ"(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ #13($(! ".ē .1ũ 31 3 12#ũ "#+ũ 2#%4-".ũ 2# + ,(#-3.ũ 2#ũ !#/3 1;-ũ /.2341 2ũ /.1ũ + ũ ,(3 "ũ "#+ũ 5 +Ì.ēı , 3.ũĉđũ"#ũ, 19.ũ"#+ũĉēćĈĈē (1, ũ +#%( +# 1 ēũ -( ũ 8.1% ũ 1!#2
ũ #!1#3 1( 8ũ4-ũ2#++. ĈĒČĎđĵĒĐČĎĐ 44
ũ ũ ũũ ũ .ēũ ćĐČĊıĉććđũ .-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ #-#1 +Ĕũ04#ũ#+ũ"~ ũ+4-#2ũ"(#!(2_(2ũ"#ũ, 8.ũ "#+ũ /1#2#-3#ũ .ũ ".2ũ ,(+ũ .-!#Ĕũ "#2"#ũ + 2ũ ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ'.1 2Ĕũ2#ũ ++#5 1;ũ ũ! .ũ#+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ "#+ũ2(%4(#-3#ũ (#-ũ(-,4# +#ũ#, 1% ".ũ Ĉēıũ ēıũ 23#ũ (#-ũ (-,4# +#ũ 2#ũ #-!4#-31 ũ 4 (! ".ũ #-ũ#+ũ2#!3.1ũ +. ũ +ũ .2 1(.Ĕũ/#13#-#!(#-3#ũ ũ + ũ / 11.04( ũ 31~9Ĕũ "#+ũ ! -3¢-ũ 4#1.Ĕũ /1.5(-!( ũ"#ũ 4-%41 '4 ēũ ĉēıũ ēıũ .1ũ#+ũ-.13#Ėũ/1./(#" "ũ"#+ũ2# .1ũ 1(23¢ +ũ )#" ēũ .1ũ#+ũ241Ėũ _13(!#ēũ .1ũ#+ũ#23#Ėũ .,4-(" "ũ"#ũ +. ũ +ũ .2 1(.ē .1ũ #+ũ .#23#Ėũ ! 11#3#1 ũ /Ì +(! Ĕũ 8ũ / 2 -".ũ #23 ũ 2. 1 -3#ũ "#+ũ 5#-"#".1ũ ĸ 4 -ũ +$.-2.ũ ++.ũ 4,(/ , Ĺēũ Ċēıũ ēıũ #-31.ũ "#ũ +.2ũ +(-"#1.2ũ 8ũ !.-ũ + 2ũ ,#"(ı " 2ũ -.3 " 2Ĕũ #+ũ +.3#ũ "#ũ 3#11#-.ũ 3(#-#ũ 4- ũ 24/#1$(!(#ũ"#ũďĉćĔĒĊũ,#31.2ũ!4 "1 ".2ēũ Čēıũ ũ ũ ũ ēıũ 23#ũ (#-ũ (-,4# +#ũ #23 ũ 4 (! ".ũ #-ũ 4- ũ 9.- ũ 141 +ũ 8ũ #,(-#-3#,#-3#ũ %1~!.+ ũ "#+ũ ! -3¢-ēũ Ďēıũ ēıũ
ũ 9.- ũ -.ũ /.2##ũ 2#15(!(.2ũ ;2(!.2ēũ (#-#ũ ! ,(-.ũ /Ì +(!.ũ "#ũ 3(#11 ēũ ũ $.1, ũ "#+ũ 3#11#-.ũ#2ũ(11#%4+ 1ēũ #-31.ũ"#+ũ+.3#ũ"#ũ3#11#-.ũ-.ũ2#ũ#-!4#-31 -ũ !4+3(5.2Ĕũ2.+ ,#-3#ũ#7(23#-ũ/ ).- +#2ēũ ďēıũ } ũ ũ ēıũ 23#ũ (#-ũ(-,4# +#ũ3(#-#ũ/#04# ũ/#-"(#-ı 3#2ũ5 1( +#2ēũ +ũ 3#11#-.ũ 2#ũ 5 +Ì ũ #-ũ Ōũ ĉĔććũ ! " ũ ,#31.ũ !4 "1 ".Ĕũ +.ũ 04#ũ ,4+3(/+(! ".ũ /.1ũ #+ũ ;1# ũ -.2ũ" ũ4-ũ5 +.1ũ"#ũŌũĈēĉČĈĔđďēũ .-Ėũ ũ ũ ũ ũ ũ ũ + ũ ũ ũ 8ũ ũ ēũ .1ũ+.ũ04#ũ#+ũ/1#2#-3#ũ 5 +Ì.ũ 2!(#-"#ũ ũ+ ũ ! -3(" "ũ"#ũŌũĈēĉČĈĔđďē .-Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ē ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ ũ ũ ē
2ũ /#12.- 2ũ (-3#1#2 " 2ũ /4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1( ũ "#+ũ
49% ".ũ 4 13.ũ "#ũ +.ũ (5(+ũ "#ũ 4-%41 '4 Ĕũ 1#, 3#ũ 04#ũ 2#1;ũ ")4"(! ".ũ +ũ ,#).1ũ /.23.1ē .1ũ 2#1ũ #+ũ /1(,#1ũ 2# + ,(#-3.ũ 2#ũ !#/3 ı 1;-ũ /.2341 2ũ 2. 1#ũ + 2ũ ".2ũ 3#1!#1 2ũ / 13#2ũ "#+ũ 5 +Ì.ũ3.3 +Ĕũ+ 2ũ,(2, 2ũ04#ũ(1;-ũ !.,ı / " 2Ėũ"#+ũĈćŘũ#-ũ"(-#1.ũ#$#!3(5.ũ.ũ!'#ı 04#ũ!#13($(! ".ũ ũ-., 1#ũ"#+ũ 49% ".ēũ (1, ũ +#%( +# ēũ ũ 8ũ4-ũ2#++. ĈĒČďďĵĒĐĊĐĒ 44
ũ ũ
+#5.ũ ũ!.-.!(,(#-3.ũ"#+ũ/Ì +(!.ũ#-ũ%#-#1 +ũ 04#ũ/.1ũ 43.ũ"(!3 ".ũ/.1ũ+ ũ2# .1 ũ".!3.1 ũ 42 - ũ 11#1 ũ ēũ 4#9 ũ 4(-3.ũ"#ũ+.ũ (5(+ũ "#ũ , 3.Ĕũ #-ũ + ũ #!1#3 1( ũ "#+ũ 49% ".ũ 3#-"1;ũ+4% 1ũ#+ũ1#, 3#ũ2(%4(#-3#Ė
4(!(.ũ .ēıũĉććĒıćĎĈĎĔũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ 2; ".ũ Ĉĉũ "#ũ , 19.ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĈ'ćĐēũ ũ +ũ #2!1(3.ũ 04#ũ -3#!#"#Ĕũ %1_%4#2#ũ +ũ /1.!#2.ũ 8ũ 2413 ũ +.2ũ #$#!3.2ũ "#ũ +#8ēũ ũ #ũ $() ũ / 1 ũ 04#ũ 3#-% ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ "#+ũ 5#'~!4+.ũ #, 1% ".ũ #-ũ #23 ũ ! 42 Ĕũ #23.ũ #2ũ4-ũ! ,(¢-Ĕũ, 1! ũ Ĕũ,."#+.ũ ĈĒČĔũ 3(/.ũ ı Ĕũ .ũ"#ũ$ 1(! !(¢-ũĈĒđĒĔũ"#ũ !.+.1ũ + -!.Ĕũ /+ ! 2ũ ıĊĈďĔũ !.-ũ ,.3.1ũ Œ ćď ĉďĒďĎĔũ !' 2(2ũ Œũ ĈďČ ĈćĈĎĉĔũ "#ũ !., 423( +#ũ ũ "(#2#+ėũ 8ũ ,;2ũ "#3 ++#2ũ 04#ũ . 1 -ũ "#+ũ 5 +Ì.ũ 1#2/#!3(5.Ĕũ !.-23 -ı 3#ũ "#ũ $.) 2ũ ČĐũ 8ũ ČĐũ 54#+3 ũ "#ũ +.2ũ 43.2Ĕũ #+ũ "~ ũ , 13#2ũ "(#!(2(#3#ũ "#ũ , 8.ũ "#+ũ .ũ ".2ũ ,(+ũ .-!#Ĕũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ũ + 2ũ "(#!(.!'.ũ '.1 2ėũ /.1ũ +.ũ 3 -3.ũ /¢-% 2#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ ,#"( -3#ũ + ũ /1#-2 ũ "#ũ _23 ũ +.! +(" "ũ 8ũ +.2ũ ! 13#+#2ũ04#ũ"(2/.-#ũ#+ũ 13ēũČĎďũ"#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ēũũ 2ũ/.2341 2ũ2#ũ1#!#/3 1;-ũ "#2"#ũ + 2ũ ".2ũ 3#1!#1 2ũ / 13#2ũ "#+ũ 5 +Ì.ũ 3.3 +Ĕũ/.1ũ31 3 12#ũ"#+ũ/1(,#1ũ2# + ,(#-3.Ĕũ + 2ũ /.2341 2ũ (1;-ũ !.,/ " 2ũ "#+ũ "(#9ũ /.1ũ !(#-3.ũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ũ ũ + ũ .1"#-ũ "#+ũ 49% ".ēũ ũ .2ũ % 23.2ũ"#ũ+#% +(9 !(¢-ũ!.11#1;-ũ ũ! 1%.ũ"#+ũ 1#, 3(23 ēũũ .3($~04#2#ē (1, ũ +#%( +# ēũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ēũ ũ ũ ĊĈũ ũ ũ ũĉćĈĈē (1, ũ +#%( +# %ēũ 1(#+ ũ 5(+ 8ũ4-ũ2#++. ĈĒČđćĵĒĐČĊď 44
ēũ"#+ũ ē ũ ũ
4(!(.ũ )#!43(5.ĖũćĐĐĐıĉććđē #-%.ũ ũ (#-ũ /.-#1ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.Ĕũ 04#ũ /.1ũ "#!1#3.ũ #7/#"(".ũ /.1ũ + ũ %ēũ #++8ũ 1#"#2ũ !'. Ĕũ 4#9ũ ĉ".ēũ #ũ +.ũ (5(+ũ "#ũ , 3.ũ 4/+#-3#Ĕũ #-ũ #+ũ )4(!(.ũ #)#!43(5.ũ .ēũćĐĐĐıĉććđĔũ2#ũ' ũ.1"#- ".ũ#+ũ 1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ"#+ũ (#-ũ(-,4#ı +#ũ #, 1% ".ũ "#ũ #23 ũ ! 42 Ĕũ "(+(%#-!( ũ 04#ũ 2#ũ ++#5 1;ũ ũ ! .ũ #-ũ + ũ 2#!1#3 1~ ũ "#ũ #23 ũ 4"(! 341 Ĕũ #+ũ "~ ũ 4-#2ũ 2#(2ũ "#ũ 4-(.ũ "#+ũ .ũ ".2ũ ,(+ũ .-!#ũ "#2"#ũ + 2ũ ! 3.1!#ũ ' 23 ũ+ 2ũ"(#!(.!'.ũ'.1 2ũ"#+ũ"~ ũ(-"(! ".Ĕũ "#ũ+.ũ04#ũ2#ũ"#3 ++ ũ ũ!.-3(-4 !(¢-ēı Ĉēı ¡ ũ Ė Ĕũ Ĕũ Ĕũ Ĕũ ũ ũ
Ĕũ ĉēıũ ũ ũ ũ ũ ũ ũ ĈćđēĒĐũ ,Ĕũ ũ ũ ũ ũ ũ ũ ďĐēđćśĉĈēĈĉśČđēđĒũ ,Ĕũ ēũ ũ ũ ũ ēũ ũ ũĊĎēĊĎũ,Ĕũ ēũ ũ ũĈďēĒĈũ,Ĕũ
ũ ĖũĉēĐĊĈĔććũ,ĉē Ċēıũ ũ ũ ũ Ė #ũ 31 3 ũ "#ũ 4-ũ 3#11#-.ũ "#ũ $.1, ũ (11#%4ı + 1Ĕũ !.-ũ 3./.%1 $~ ũ /+ - ũ #-ũ 1#+ !(¢-ũ ũ + 2ũ 1 2 -3#2ũ5( +#2ũ"#+ũ2#!3.1ē 4#-3 ũ!.-ũ+.2ũ2#15(!(.2ũ ;2(!.2ũ"#ũ(-$1 #2ı 314!341 ũ"#ũ+49ũ#+_!31(! ũ8ũ %4 ũ/.3 +#ē +ũ ! ,(-.ũ /Ì +(!.ũ !.-ũ 04#ũ !4#-3 ũ #-ũ 24ũ +(-"#1.ũ .#23#ũ #2ũ "#ũ 3(#11 Ĕũ 8ũ 3.".ũ #+ũ 2#!3.1ũ 2.+ ,#-3#ũ 3(#-#ũ +4, 1 ".ũ #+_!31(!.ēũ ũ .ũ #7(23#-ũ5#1#" 2Ĕũ-(ũ2#15(!(.ũ"#ũ 42#2Ĕũ8ũ3 ,ı /.!.ũ +%4- ũ(-23(34!(¢-ũ"#ũ(,/.13 -!( ē 2ũ 4-ũ /1#"(.ũ -#3 ,#-3#ũ %1~!.+ Ĕũ +ũ ,.,#-3.ũ2#ũ. 2#15 -ũ2#, 1~.2ũ"#ũ,.1 2Ĕũ +$ +$ Ĕũ 3., 3#ũ "#ũ ;1 .+ũ 8ũ +%4-.2ũ ;1 .+#2ũ "#ũ!+ 4"( ē ĊēĈı 5 +Ì.Ė Ėũ ĉēĐĊĈēććũ 7ũ ĈďēĎćũ Şũ ČĎĔćďĈēĎćũ ē ē ē Čēıũ Ė -ũ#+ũ3#11#-.ũ#7(23#-ũ +%4- 2ũ#"($(! !(.-#2Ĕũ 4- 2ũ ! 2 ũ -3(%4 2ũ #-ũ #+ũ +(-"#1.ũ -.1#23#ũ #-ũ , + 2ũ !.-"(!(.-#2ũ "#ũ #2314!341 ũ ,(73 Ĕũ 23 -3#ũ 5(#) 2Ĕũ 3#!'.2ũ "#ũ 3#) ũ 8ũ / 1#"#2ũ #-+4!(" 2ũ04#ũ/.1ũ242ũ#23 ".ũ-.ũ2#ũ+ 2ũ!.-ı 2("#1 ũ/ 1 ũ#+ũ 5 +Ì.ũ#7!#/3.ũ4- ũ/#04# ũ "#ũ ČĔććũ 7ũ ĊĔććũ 04#ũ 2(ũ 2#ũ #-!4#-31 ũ #-ũ !.-"(!(.-#2ũ' (3 +#2ē !( ũ #+ũ +(-"#1.ũ 241ũ #7(23#ũ 4- ũ #"($(! !(¢-ũ
"#ũ ".2ũ /(2.2ũ #-ũ #23 ".ũ 1#%4+ 1ũ /#1.ũ #-ũ !.-"(!(.-#2ũ' (3 +#2ũ04#ũ#2ũ"#ũ'.1,(%¢-ũ 8ũ3(#-#ũđćĔććũ,ĉũ"#ũ!.-2314!!(¢-ē - ũ,#"( ũ!.-ũ!4 (#13 ũ"#ũ9(-!ē ČēĈı 1 !3#1~23(! 2Ė 4 #2314!341 ũ 8ũ #2314!341 ũ "#ũ '.1,(%¢-ũ 1, ".Ĕũ / 1#"#2ũ #-+4!(" 2Ĕũ #-31#/(2.ũ "#ũ , "#1 Ĕũ !4 (#13 ũ "#ũ +.2 ũ "#+ũ 2#%4-".ũ /(2.Ĕũ /(2.2ũ "#ũ !#,#-3.ũ #-ũ + ũ /+ -3 ũ ) ũ 8ũ , "#1 ũ #-ũ + ũ 2#%4-" ũ /+ -3 Ĕũ 5#-3 2ũ "#ũ '(#11.Ĕũ%1 " 2ũ"#ũ'.1,(%¢-ũ!.-ũ/ 2 , -.2ũ "#ũ '(#11.ēũ ũ 8ũ ".2ũ !4 13.2ũ 11( ũ 8ũ ".2ũ !4 13.2ũ ).ē -ũ .ũ !.,/+#3 ũ #73#1(.1ũ #-ũ , + 2ũ !.-ı "(!(.-#2ē ČĔĉı 5 +Ì.Ė ũ Ĕũ đćēććũ ,ĉũ 7ũ Ĉďćēććũ Şũ ĈĉĔđććēććũ ē ē ē ũ ũ ĸ ĉĹĔũ Ĉďēććũ ,ĉũ 7ũ Ďćēććũ Şũ đććēććũ ē ē ē ũ ũ ĸ ČĹĔũ Ĉĉēććũ ,ĉũ 7ũ Ďćēććũ Şũ ďććēććũ ē ē ē ĖũĈČĔĉććēććũ ē ē ēũ Ďēı ũ
ĔũČĎĔćďĈēĎćũ ē ē ē ĔũĈČĔĉććēććũ ē ē ē ĖēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēĎĒĔĉďĈēĎćũ ē ē ē Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ĎćĵĈććũ
2ũ /#12.- 2ũ (-3#1#2 " 2ũ /4#"#-ũ . 3#-#1ũ , 8.1ũ(-$.1,#ũ#-ũ+ ũ #!1#3 1~ ũ"#+ũ 49% ".ũ #%4-".ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ #, 3#ũ 04#ũ 2#1;ũ ")4"(! ".ũ +ũ ,#).1ũ /.23.1Ĕũ /.1ũ 31 3 12#ũ "#+ũ /1(,#1ũ 2# + ,(#-3.Ĕũ + 2ũ /.2ı 341 2ũ2#ũ1#!#/3 1;-ũ"#2"#ũ+ 2ũ".2ũ3#1!#1 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ3.3 +ũ"#+ũ (#-ũ(-,4# +#ũ ũ 1#, 3 12#Ĕũ8ũ04#ũ(1;-ũ !.,/ " 2ũ!.-ũ#+ũ "(#9ũ/.1ũ!(#-3.ũ#-ũ"(-#1.ũ#$#!3(5.ũ.ũ!'#04#ũ !#13($(! ".ũ ũ -., 1#ũ "#ũ #23 ũ 4"(! 341 ēıũ , 3.Ĕũćďũ"#ũ 1(+ũ"#+ũĉćĈĈē (1, ũ +#%( +# ēũ ũ ē 8ũ4-ũ2#++. ĈĒĎĉČĵĒĐďćď 44
ēũ"#+ũ ē ı
13#+ũ"#ũ #, 3# ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ .ũ ćĎĈĉıĉććĐĔũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ Ė ĉēıũ Ėũ +ũ -,4# +#ũ #23;ũ 4 (! ".ũ #-ũ #+ũ #!3.1ũ "#-.,(- ".ũ ġ ũ ũ ũ
Ģũ "#+ũ ! -3¢-ũ Ĕũ "#ũ + ũ 1.5(-!( ũ "#ũ 4-%41 '4 ē Ċēıũ Ė .1ũ + ũ ! #!#1 Ėũ .+(-" -3#ũ !.-ũ + ũ /1./(#ı " "ũ "#ũ #1#"#1.2ũ "#ũ + ũ $ ,(+( ũ -!'#-.ũ #-ũ+ ũ#73#-2(¢-ũ"#ũĈĒĐĔĒĒũ,#31.2ēũũ +ũ (-"#1.ũ 2#ũ #-!4#-31 ũ /#1$#!3 ,#-3#ũ ("#-3($(! ".ũ /.1ũ4-ũ2#-"#1.ē .1ũ#+ũ (#Ėũ .+(-" -3#ũ!.-ũ+ ũ5~ ũ#,/#"1 " ũ 04#ũ5 ũ +ũ #!3.1ũ"#ũ+ 2ũ -3#- 2ũ#-ũ+ ũ#73#-ı 2(¢-ũ"#ũĈĒĈĔČĊũ,#31.2ē .1ũ#+ũ -ũ .23 ".Ėũ .+(-" -3#ũ!.-ũ3#11#-.2ũ "#ũ /1./(#" "ũ "#+ũ 1ēũ +.ũ ;-!'#9ũ #-ũ + ũ #73#-2(¢-ũ"#ũĈďĒĔĊĊũ,#31.2ē .1ũ#+ũ 31.ũ .23 ".Ėũ .+(-" -3#ũ!.-ũ3#11#ı -.2ũ "#ũ /1./(#" "ũ "#+ũ 1ēũ -1(04#ũ - +4(2 ũ 8ũ 5("ũ /.ũ #-ũ + ũ #73#-2(¢-ũ "#ũ ĉĈđĔĈćũ ,#31.2ē .1ũ #+ũ #23#Ėũ .+(-" -3#ũ !.-ũ + ũ /1./(#" "ũ "#ũ+ ũ 1 ēũ:-%#+ ũ #(-.Ĕũ#-ũ+ ũ#73#-2(¢-ũ"#ũ ĉćũ ,#31.2ēũ ũ +ũ +(-"#1.ũ 2#ũ #-!4#-31 ũ "#$(ı -(".ũ /.1ũ + 2ũ !.-2314!!(.-#2ũ (,/+ -3 " 2ũ #-ũ+.2ũ+.3#2ē Čēıũ Ėũ 23#ũ+.3#ũ3(#-#ũ4-ũ;1# ũ"#ũĊđēĉĊĒũ ĸ 1#(-3 ũ 8ũ .!'.ũ ,(+ũ ".2!(#-3.2ũ 31#(-3 ũ 8ũ -4#5#Ĺũ,#31.2ũ!4 "1 ".2ũ"# (_-".2#ũ(-"(ı ! 1ũ 04#ũ #+ũ +.3#ũ #23;ũ ++#-.ũ "#ũ 5#%#3 !(¢-ũ 2(+5#231#ũ"#ũ/;1 ,.ũ-.ũ#23;ũ2(#-".ũ43(+(9 ".ũ #-ũ+ ũ %1(!4+341 ē Ďēıũ ũ ũ ũ ũ ũ Ėũ +ũ+.3#ũ#-ũ#234"(.ũ3./.%1;ı $(! ,#-3#ũ#2ũ(11#%4+ 1ũ#+ũ"#2-(5#+ũ5 ũ"#2"#ũ + ũ5~ ũĊđĊĈũ,#31.2ũ2ē-ē,ũĸ2. 1#ũ#+ũ-(5#+ũ"#+ũ , 1Ĺũ ' 23 ũ #+ũ /4-3.ũ ,;2ũ +3.ũ "#+ũ +.3#ũ "#ũ ĊĒČČũ,#31.2ũ2ē-ē,ũ+ ũ"($#1#-!( ũ#2ũ"#ũśĈĈĊũ ,#31.2ũ2ē-ē,ē
ũ 5~ ũ "#ũ !!#2.ũ #2ũ + 231 " ũ "#ũ 3(#11 ēũũ
.3#ũ 3(#-#ũ $.1, ũ (11#%4+ 1ũ 8ũ 2#ũ #-!4#-31 -ũ .!'.ũ#204(- 2ē ďēıũ Ėũ -ũ#+ũ+.3#ũ-.ũ#7(2ı 3#ũ-(-%Ì-ũ2#15(!(.ũ ;2(!.ēũ Đēıũ Ė ēıũ ũ ũ ũ Ė 13Şũ Ň:1# Şũ ũ ũŇũ;1# ũ,ĉē 13ŞũćĔĉćũ"¢+ 1#2ũŇĊđēĉĊĒũ,ĉē ŞũĐēďČĐĔđũ"¢+ 1#2 ũ ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ đćĵĈććũ ũĸĐēďČĐĔđũ"¢+ 1#2Ĺ 8.1ũ (-$.1, !(¢-ũ 2#ũ /1./.1!(.- 1;ũ #-ũ + ũ #!1#3 1~ ũ "#+ũ 49% ".Ĕũ ".-"#ũ 2#ũ 1#!#/3 ı 1;-ũ + 2ũ 1#2/#!3(5 2ũ /.2341 2Ĕũ ,(2, 2ũ 04#ũ (1;-ũ !.,/ " 2ũ /.1ũ #+ũ "(#9ũ /.1ũ !(#-3.ũ "#+ũ 5 +Ì.ũ 3.3 +Ĕũ #-ũ "(-#1.ũ #$#!3(5.ũ .ũ !'#ı 04#ũ !#13($(! ".ēıũ .1ũ 2#1ũ #+ũ ũ 2# ı + ,(#-3.ũ + 2ũ /.2341 2ũ 2#1;-ũ /.1ũ + 2ũ ".2ũ 3#1!#1 2ũ / 13#2ũ "#+ũ 5 +Ì.ũ 8ũ #+ũ 1#, 3#ũ 2#ũ ")4"(! 1;ũ +ũ ,#).1ũ /.23.1ēıũ , 3.Ĕũ ďũ "#ũ 1(+ũ"#+ũĉćĈćē (1, ũ +#%( +# -( ũ 8.1% ũ 1!_2 #!1#3 1( 8ũ4-ũ2#++. ĈĒĎČćĵĒĐĐĉć 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĈĉĐıĉććĒēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ #+ũ "~ ũ ũ ĈĐũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ+ 2ũ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ "#ũ +.2ũ 2(%4(#-3#2ũ (#-#2ũ (-,4# +#2ũ #, 1% ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ 1(,#1.ũ"#ũ+ ũ24/#1$(!(#ũ "#ũ ĉĊĊũ ,ĉĔũ 4 (! ".ũ #-ũ #+ũ ! 2#1~.ũ "1(++.Ĕũ "#ũ + ũ 11.04( ũ 31~9Ĕũ "#+ũ ! -3¢-ũ #+(+#.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#-31.ũ "#ũ +.2ũ 2(%4(#-3#2ũ+(-"#1.2ũ%#-#1 +#2Ėũ Ėũ !#ı 04( ũ"#ũ %4 ũ , 3.ũ 4 !'(ũ #+(+#.ėũ Ėũ "#ũ+.2ũ'#1#"#1.2ũ"#ũ .2_ũ 11 2!.ėũ Ėũ"#ũ +.1( ũ (+5 ėũ8Ĕũ Ėũ"#ũ -, ũ (+5 ēũ +ũ5 +.1ũ3.3 +ũ"#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ+ ũ24, ũ "#ũ ũ ũ ũ ũ ũ ¡ ũ ũĸŌĈēďĊĈĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ3.3 +Ĕũ+ 2ũ04#ũ(1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČĉĵĒđĈćĒ 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĊĎďıĉććĒēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ#+ũ"~ ũ ũ Ĉďũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ' 23 ũ + 2ũ "(#!(.!'.ũ '.1 2Ĕũ "#ũ+.2ũ2(%4(#-3#2ũ (#-#2ũ(-,4# +#2ũ#, 1ı % ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ"#ũ+ ũ24/#1ı $(!(#ũ "#ũ ĈćēĎćć,ĉĔũ 4 (! ".ũ #-ũ #+ũ /4-3.ũ "#-.,(- ".ũ ġ -ũ +.ĢĔũ "#ũ + ũ / 11.04( ũ ~.ũ #1"#Ĕũ "#+ũ ! -3¢-ũ .2Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#-31.ũ "#ũ +.2ũ 2(%4(#-3#2ũ +(-ı "#1.2Ėũ .13#Ĕũ!.-ũĉĐĈēĐć,ũ ~.ũ 23 9 ėũ 41Ĕũ !.-ũ ĉĈć,ũ ;1# ũ "#2,#, 1 " Ĕũ 3#11#-.ũ "#ũ
4(2ũ 42(ũ #1_9ũ 8ũ 3#1,(- ũ #-ũ ČĊēĐđ,ũ /1.ı /(#" "ũ "#ũ '#1#"#1.2ũ "#ũ , . ũ ,.1 ėũ 23#Ĕũ !.-ũ ĒČēćĎ,ũ /1./(#" "ũ "#ũ 1( ũ , . ėũ8Ĕũ #23#Ĕũ!.-ũĈđēĎđ,ũ ~.ũ 23 9 ēũ +ũ5 +.1ũ3.3 +ũ"#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ+ ũ24, ũ "#ũ ũ ũ ũ ũ ¡ ũ ũĸŌĎēĎĎćĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ
/ 13#2ũ"#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČĊĵĒđĈĈĈ 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĉćĎıĉććĒēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ #+ũ "~ ũ ũ ĈĎũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ+ 2ũ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ "#ũ +.2ũ 2(%4(#-3#2ũ (#-#2ũ (-,4# +#2ũ #, 1% ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ++ , -".ũġ ũ 2/#1 -9 ĢĔũ "#ũ + ũ 24/#1$(!(#ũ "#ũ ĈĈĐć,ĉĔũ 4 (! ".ũ#-ũ + ũ 11.04( ũ -ũ (%4#+(3.Ĕũ "#+ũ ! -3¢-ũ ~++ 1.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#-31.ũ"#ũ+.2ũ2(%4(#-3#2ũ+(-"#1.2ũ%#-#1 +#2Ėũ Ėũ #-ũ 5#(-3#ũ 8ũ 31#2ũ ,#31.2ũ !4 1#-3 ũ !#-3~,#31.2ũ "#ũ +.-%(34"ũ !.-ũ /1./(#" "ũ "#ũ 1,#-ũ 11(.-4#5.ėũ Ėũ#-ũ5#(-3#ũ8ũ31#2ũ ,#31.2ũ !4 1#-3 ũ !#-3~,#31.2ũ "#ũ +.-%(34"ũ !.-ũ 2#15("4, 1#ũ "#ũ 31 -2(3.ũ "#ũ (-ũ ,#31.ũ "#ũ -!'.Ĕũ/ 1 ũ42.ũ"#ũ5 1(.2ėũ Ėũ#-ũ!(-ı !4#-3 ũ ,#31.2ũ "#ũ +.-%(34"ũ !.-ũ /1./(#" "ũ "#ũ 1 1".ũ 4(- +4(9 ėũ 8Ĕũ Ėũ #-ũ !(-ı !4#-3 ũ ,#31.2ũ "#ũ +.-%(34"ũ !.-ũ /1./(#" "ũ "#ũ 1,#-ũ 11(.-4#5.ēũ +ũ 5 +.1ũ 3.3 +ũ "#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ũ ¡ ũ ũ ũ ũ ũĸŌĊēđćĉĔĎćĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČČĵĒđĈĈĉ 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũđĈıĉćĈćēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ #+ũ "~ ũ ũ ĈČũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ+ 2ũ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ "#ũ +.2ũ 2(%4(#-3#2ũ (#-#2ũ (-,4# +#2ũ #, 1% ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ"#ũ+ ũ24/#1ı $(!(#ũ "#ũ Ĉćď,ĉĔũ 4 (! ".ũ #-ũ #+ũ 11(.ũ #+ũ (1 ".1Ĕũ"#ũ+ ũ 11.04( ũ 31~9Ĕũ"#+ũ! -3¢-ũ 3 3#Ĕũ/1.5(-!( ũ"#ũ 4-%41 '4 Ĕũ"#-31.ũ"#ũ +.2ũ 2(%4(#-3#2ũ +(-"#1.2ũ %#-#1 +#2Ėũ Ėũ #-ũđēđ,ũ"#ũ .,#1.ũ 1#"#2ėũ Ėũ#-ũđēđ,ũ "#ũ -"1 ũ (!#".ėũ Ėũ #-ũ Ĉĉ,ũ "(+ ũ ' 1(ėũ8Ĕũ Ėũ#-ũĈĉ,ũ! ++#ũ/1(-!(/ +ēũ +ũ 5 +.1ũ 3.3 +ũ "#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ũ ũ ũ ¡ ũ ũ ĸŌČēđĒďĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČĎĵĒđĈĈĊ 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĈČďıĉćĈćēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ#+ũ"~ ũ ũ ĈĊũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ' 23 ũ + 2ũ "(#!(.!'.ũ '.1 2Ĕũ "#ũ+.2ũ2(%4(#-3#2ũ (#-#2ũ(-,4# +#2ũ#, 1ı % ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ"#ũ+ ũ24/#1ı $(!(#ũ "#ũ ĎĊČ,ĉĔũ 4 (! ".ũ #-ũ #+ũ 2#!3.1ũ ġ #(3(++.ĢĔũ"#ũ+ ũ 11.04( ũ 31~9ũ"#+ũ! -3¢-ũ 3 3#Ĕũ/1.5(-!( ũ"#ũ 4-%41 '4 Ĕũ"#-31.ũ"#ũ +.2ũ2(%4(#-3#2ũ+(-"#1.2Ėũ Ėũ3#11#-.ũ"#ũ +.2ũ5#-"#".1#2ėũ Ėũ! ,(-.ũ5#!(- +ėũ Ėũ 2. 1 -3#ũ "#ũ +.2ũ 5#-"#".1#2ėũ 8Ĕũ Ėũ "#ũ _2 1ũ #.5 --8ũ #1 -ēũ +ũ 5 +.1ũ 3.3 +ũ "#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ + ũ 24, ũ"#ũ ũ ũ ũ ũ ¡ ũ ũĸŌďēĈćĉĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČďĵĒđĈĈČ 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĈĎĉıĉćĈćēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ #+ũ "~ ũ ũ Ĉćũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ+ 2ũ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ "#ũ +.2ũ 2(%4(#-3#2ũ (#-#2ũ (-,4# +#2ũ #, 1% ".2Ėũ #ũ 31 3 ũ "#ũ 4-ũ 3#11#-.ũ "#ũ + ũ 24/#1$(!(#ũ "#ũ ĊđĒ,ĉĔũ4 (! ".ũ#-ũ#+ũ2#!3.1ũ 4 + %!'4!'.ũ "#ũ + ũ 11.04( ũ 4 , +¢ũ "#+ũ ! -3¢-ũ #+(Ĉ#.Ĕũ/1.5(-!( ũ"#ũ 4-%41 '4 Ĕũ"#-31.ũ"#ũ +.2ũ 2(%4(#-3#2ũ +(-"#1.2ũ %#-#1 +#2Ėũ Ėũ !.-ũ! - +ũ8ũ -%_+(! ũ 1#"#2ėũ Ėũ .2 1(.ũ 1#"#2ėũ Ėũ !#04( ũ8ũ! ,(-.ũ/Ì +(!.ėũ8Ĕũ Ėũ 31(!(.ũ 231.ē +ũ5 +.1ũ3.3 +ũ"#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ+ ũ24, ũ "#ũ ũ ũ ũ ũ ¡ ũ ũĸŌČēĉĒćĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ"#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČĐĵĒđĈĈĎ 44
ũ ũ ũ ũ ıũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ .ēũĉĉĊıĉćĈćēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ#+ũ"~ ũ ũ ćĒũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ' 23 ũ + 2ũ "(#!(.!'.ũ '.1 2Ĕũ "#ũ+.2ũ2(%4(#-3#2ũ (#-#2ũ(-,4# +#2ũ#, 1ı % ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ2(%- ".ũ .ēũ ĈĈĔũ "#ũ + ũ 24/#1$(!(#ũ "#ũ ĒĉĎ,ĉĔũ 4 (! ".ũ #+ũ 2#!3.1ũ .31#1./4-%.Ĕũ "#ũ + ũ 11.04( ũ -ũ
.2_ũ"#ũ . +¢Ĕũ"#+ũ! -3¢-ũ ~++ 1.Ĕũ/1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ"#-31.ũ"#ũ+.2ũ2(%4(#-3#2ũ+(-ı
"#1.2ũ%#-#1 +#2Ėũ Ėũ!.-ũ!(#-3.ũ"(#9ũ8ũ -4#5#ũ,#31.2ũ-.5#-3 ũ8ũ.!'.ũ!#-3(,#31.2Ĕũ +.3#ũ"(#9ũ04#ũ2#ũ5#-"#ũ ũ #.-(" 2ũ "4 1".ũ !'(ũ .1#-.ėũ Ėũ !(#-3.ũ 5#(-3#ũ 8ũ 4-ũ ,#31.2ũ 2#3#-3 ũ 8ũ 2(#3#ũ !#-3~,#31.2Ĕũ +.3#ũ ".!#ũ 04#ũ 2#ũ 5#-"#ũ ũ 1( ũ (% (+ũ .1 8ũ !'(ũ .1#-.ėũ Ėũ 2(#3#ũ ,#31.2ũ 2#3#-ı 3 ũ 8ũ 4-ũ !#-3(,#31.2Ĕũ ! ,(-.ũ /Ì +(!.ėũ 8Ĕũ Ėũ 2(#3#ũ ,#31.2ũ 2#3#-3 ũ !#-3(,#31.2Ĕũ ! ,(-.ũ/Ì +(!.ēũ +ũ5 +.1ũ3.3 +ũ"#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ+ ũ24, ũ "#ũ ũ ũ ũ ũ ¡ ũ ũĸŌĎēĐćĎĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ "#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČđĵĒđĈĈď 44
ũ ũ ũ ũıũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ .ēũĉĎćıĉććĒēũ #ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ .1"#-ũ "#+ũ 2# .1ũ 4#9ũ "#ũ . !3(5 2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.Ĕũ #-ũ #+ũ #/ 13 ,#-3.ũ #% +ũ "#+ũ -!.Ĕũ 49% ".ũ "#ũ . !3(5 2Ĕũ 3#-"1;ũ +4% 1ũ #+ũ 1#, 3#ũ #-ũ /Ì +(! ũ 24 23 ũ #+ũ "~ ũ ũ ćđũ ũ ũ ũ ũ ĉćĈĈĔũ "#2"#ũ+ 2ũ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2Ĕũ "#ũ +.2ũ 2(%4(#-3#2ũ (#-#2ũ (-,4# +#2ũ #, 1% ".2Ėũ #ũ31 3 ũ"#ũ4-ũ+.3#ũ"#ũ3#11#-.ũ"#ũ+ ũ24/#1ı $(!(#ũ "#ũ Ĉććũ ' 2ũ !(#-ũ '#!3;1# 2Ĕũ 4 (! ".ũ #-ũ #+ũ /4-3.ũ "#-.,(- ".ũ ġ -ũ +.ĢĔũ "#ũ + ũ / 11.04( ũ ~.ũ #1"#Ĕũ "#+ũ ! -3¢-ũ .2Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#-31.ũ "#ũ +.2ũ 2(%4(#-3#2ũ+(-"#1.2Ėũ #!#1 Ĕũ!.-ũ+.2ũ/;1 ı ,.2ũ"#ũ (-39 2ėũ (#Ĕũ!.-ũ3#11#-.ũ2. 1 -3#ũ "#ũ +.2ũ 5#-"#".1#2ėũ 4-ũ .23 ".Ĕũ !.-ũ #+ũ ~.ũ -ũ #"1.ėũ 8Ĕũ .31.ũ .23 ".Ĕũ !.-ũ + ũ !4!'(++ ũ "#ũ '(-!'~-ũēēũ +ũ 5 +.1ũ 3.3 +ũ "#+ũ 5 +Ì.ũ 2!(#-"#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ũ ¡ ũ ũĸŌĈĐēćććĔććĹēũ .1ũ2#1ũ ũ ũ2#ũ !#/ı 3 1;-ũ/.2341 2ũ04#ũ!4 1 -ũ+ 2ũ31#2ũ!4 13 2ũ / 13#2ũ "#+ũ 5 +Ì.ũ 3.3 +Ĕũ + 2ũ 04#ũ (1;-ũ !.,ı / " 2ũ "#+ũ ĈćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ#$#!3(5.ũ.ũ!'#04#ũ!#13($(! ".ũ ũ¢1"#-#2ũ "#+ũ -!.ũ !(.- +ũ "#ũ .,#-3.ũ 4!412 +ũ , 3.ēũ .".2ũ +.2ũ % 23.2ũ "#ũ /1.3.!.+(ı 9 !(¢-ũ #ũ (-2!1(/!(¢-ũ 2#1;-ũ "#ũ !4#-3 ũ "#+ũ ")4"(! 3 1(.ēũ 8.1#2ũ (-$.1,#2ũ 2#ũ " 1;-ũ #-ũ#+ũ #/ 13 ,#-3.ũ #% +ũ"#+ũ -!.ēũ (1, ũ +#%( +# 1 ēũ 1~ ũ +#- ũ .,#1. ĈĒďČĒĵĒđĈĈĐ 44
ēũ ũ ē ũ ũ
ũ .ēıũĉććČıćďćĎē Ėũ ũ ũ ũ ũ ũ Ė .-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ 04#ũ /.1ũ "#!1#3.ũ #7/#"(".ũ /.1ũ #+ũ 1ēũ 423 5.ũ ¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ "#+ũ 49% ".ũ _/3(,.ũ"#ũ+.ũ (5(+ũ"#ũ , 3.Ĕũ ,#"( -3#ũ !!(¢-ũ"#ũ/#12.- +ũ .ēıũđĐũ ı ēĔũ 2#ũ ' ũ 2# + ".ũ / 1 ũ #+ũ "~ ũ 13#2ũ ! 3.1!#ũ "#ũ )4-(.Ĕũ "#+ũ ĉćĈĈũ "#2"#ũ + 2ũ ! 3.1ı !#ũ '.1 2ũ ' 23 ũ + 2ũ "(#9ũ 8ũ .!'.ũ '.1 2Ĕũ #-ũ + ũ #!1#3 1~ ũ "#ũ #23 ũ 4"(! 341 ũ / 1 ũ 04#ũ 3#-% ũ+4% 1ũ#+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 23 ũ"#ũ +.2ũ (#-#2ũ,4# +#2ũ#, 1% ".2ũ2(%4(#-3#Ė Ĉēıũ - ũ !.!(- ũ "#ũ Čũ 04#, ".1#2ũ , 1! ũ ũ!.+.1ũ + -!.Ĕũ+.ũ 5 +Ì.ũ#-ũ+ ũ! -3(ı " "ũ"#Ĕũ ũŌũđćēćć ĉēıũ - ũ1#$1(%#1 ".1 ũ,#"( - ũ, 1! ũ Ĕũ "#ũ4- ũ/4#13 ũ!.+.1ũ + -! Ĕũ+.ũ 5 +Ì.ũ#-ũ+ ũ ! -3(" "ũ"#ũ ũŌũĈććēćć Ċēıũ -ũ3#+#5(2.1ũ ũ!.+.1#2ũ"#ũĉćĢũ, 1! ũ ũ !.-ũ ,."#+.ũ . ıĉć Đďũ 2(-ũ -3#- Ĕũ +.ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌũĈĎćēćć Čēıũ -ũ1 "(.ũ%1 ".1 ũ!.-ũ ũ(-!.1/.1 ".ũ , 1! ũ ũ !.-ũ ,."#+.ũ .ũ ıĎđć Ĕũ +.ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌũĎćēćć Ďēıũ -ũ ,(!1..-" 2ũ , 1! ũ ũ "#ũ !.+.1ũ + -!.Ĕũ +.ũ 5 +Ì.ũ #-ũ + ũ ! -3(" "ũ "#ũ ŌũĎćēćć ďēıũ -ũ 3#+#5(2.1ũ "#ũ ĈĒĢũ ũ !.+.1#2ũ , 1! ũ ũ2(-ũ -3#- Ĕũ2(-ũ+ ũ3 / ũ"#ũ+.2ũ!.-31.ı +#2ũ+.ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌũĈđćēćć Đēıũ -ũ ,(-(ũ !.,/.-#-3#ũ , 1! ũ ũ !.-ũ ,."#+.ũ .ũ ı đũ!.-ũ".2ũ/ 1+ -3#2ũ+.ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌũĈććēćć đēıũ -ũ ,(-(ũ !.,/.-#-3#ũ , 1! ũ Ĕũ !.-ũ ,."#+.ũ .ũ ıĊďĊ ũ!.-ũ31#2ũ/ 1+ -3#2ũ+.ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌũĈĈćēćć Ēēıũ -ũ"(2/#-2 ".1ũ"#ũ %4 ũ, 1! ũ ũ 2(-ũ#+ũ .3#++¢-ũ!.+.1ũ + -!.Ĕũ+.ũ 5 +Ì.ũ#-ũ+ ũ ! -3(" "ũ"#ũ ũŌũĉćēćć Ĉćēıũ .2ũ /+ 3.2ũ / 1 ũ 3.! "(2!.2ũ "#ũ !.+.1ũ -#%1.Ĕũ1.3 2ũ+ 2ũ".2ũ3 / 2Ĕũ+.ũ 5 +Ì.ũ ũ1 9¢-ũ "#ũ ũŌũĉćēććũ! " ũ4-.Ĕũ ũŌũČćēćć ĈĈēıũ - ũ!;, 1 ũ$.3.%1;$(! ũ, 1! ũ ũ + ũ 5 +Ì.ũ#-ũ+ ũ! -3(" "ũ"#ũ ũŌČćēćć Ĉĉēıũ -ũ 3#+#5(2.1ũ "#ũ ĈĉĢũ + -!.ũ 8ũ -#%1.Ĕũ , 1! ũ ũ!.-ũ -3#- ũ"#ũ!.+.1ũ5#1"#Ĕũ +.ũ 5 +Ì.ũ#-ũ ũŌũĊćēćć ĈĊēıũ - ũ !.,/43 ".1 ũ !.,/4#23 ũ "#ũ 4-ũ ,.-(3.1ũ , 1! ũ ũ 4-ũ ũ Ĕũ 4- ũ (,/1#2.1 ũ , 1! ũ Ĕũ ".2ũ / 1+ -3#2Ĕũ 4-ũ ,.42#Ĕũ 4-ũ 3#!+ ".Ĕũ 4-ũ 1#%4+ ".1ũ "#ũ !.11(#-3#Ĕũ+.ũ 5 +Ì.ũ#-Ėũ ũŌũĊĎćēćć +ũ 3.3 +ũ 2!(#-"#ũ ũ + ũ ! -3(" "ũ "#ũ ũ Ōũ ĈĊććĔćć Ėũ ũ ũ ũ ũ ēũ ēũ 4ēũ ē
2ũ /#12.- 2ũ (-3#1#2 " 2ũ /4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1~ ũ "#+ũ
49% ".ũ _/3(,.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ #, 3#ũ04#ũ2#1;ũ ")4"(! ".ũ +ũ,#).1ũ/.2ı 3.1Ĕũ /.1ũ 31 3 12#ũ "#+ũ 1(,#1ũ # + ,(#-3.Ĕũ 2#ũ1#!#/3 1;-ũ2. 1#ũ+ 2ũ".2ũ3#1!#1 2ũ/ 13#2ũ "#+ũ /1#!(.ũ "#+ũ 5 +Ì.Ĕũ "#ũ +.2ũ (#-#2ũ ,4#ı +#2ũ #, 1% ".2ũ ũ 1#, 3 12#ũ 8ũ 04#ũ (1;-ũ !.,/ ".2ũ !.-ũ #+ũ "(#9ũ /.1ũ !(#-3.ũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ũ ũ -., 1#ũ "#ũ #23 ũ 4"(! 341 ēıũ , 3.ũ ũ 1(+ũĉĎũ"#+ũĉćĈĈēı (1, ũ +#%( +# 1ēũ 4%.ũ -3.2ũ ';5#9 #!1#3 1(.ē 8ũ".2ũ2#++.2 ĈĒďĎĈĵĒđĈĉđ
ũ
ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ĸ ũ ũ Ĺũ ũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĺēũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ē ũ ũ Ĕũ Ĕũĸ ũ ũ Ĺ Ĕũ ēũ ũ ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĺ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
Ĕũ ēũ ũ ũ ē Ĕũ ēũ ũ ũ ũ Ėũ Ĉđũ ũ ũ ũ ĉćĈĈēũ ũ ēũććČĈıĉćĈĈ ĖũĈēĎććĔććũ
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ +4-#2ũ ĉđũ "#ũ $# 1#1.ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĐ'ĊĊēıũ Ėıũ 3(2$#!'.ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.ũ '#!'.ũ/.1ũ#+ũ 49% ".ēũũ 5.!.ũ!.-.!(,(#-3.ũ "#ũ + ũ ! 42 Ĕũ #-ũ ,(ũ !.-"(!(¢-ũ "#ũ 4#9 ũ 3(34+ 1ũ"#+ũ"#2/ !'.ũ8ũ"#+ũ2.13#.ũ#$#!34 ".ēũũ
ũ "#, -" ũ 04#ũ /1#!#"#ũ /.1ũ 2#1ũ !+ 1 ũ 8ũ +#% +ũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ )#!43(5.ėũ /.1ũ +.ũ 3 -3.Ĕũ !~3#2#ũ ũ ũ ũ ũ ũ ũ ũ ũ 8ũ ũ ũ ũ Ĕũ ũ $(-ũ "#ũ 04#ũ / %4#-ũ .ũ /1./.-% -ũ#7!#/!(.-#2ũ"#-31.ũ"#ũ31#2ũ"~ 2ũ +4#%.ũ "#ũ !(3 ".2ũ +#% +,#-3#Ĕũ /.1ũ ,#"(.ũ "#ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ "#ũ !.-ı $.1,(" "ũ!.-ũ+.ũ"(2/4#23.ũ#-ũ#+ũ 13ēũđĉũ"#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ !.-$(_1 2#ũ #+ũ #731 !3.ũ 1#2/#!3(5.ēũ ũ %1_%4#2#ũ +ũ /1.ı !#2.ũ +.2ũ ".!4,#-3.2ũ ")4-3.2ũ 8ũ #-ũ 5(134"ũ "#ũ4-.ũ"#ũ#++.2ũ +ũ !3.1ũ2#ũ+#ũ3#-"1;ũ#-ũ24ũ ! +(" "ũ (-5.! " ēũ ũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ .$1#!(,(#-3.ũ "#ũ 1#!.-.!#1ũ .-.2ũ / 1!( ı +#2ũ+#% +,#-3#ũ!.,/1. ".2ēũũ ¢,#2#ũ-.3 ũ "#+ũ ! 2(++#1.ũ )4"(!( +ũ .ēũ ĒćĎũ "#2(%- ".ũ / 1 ũ 1#!#/3 1ũ -.3($(! !(.-#2ũ $4341 2Ĕũ 2~ũ !.,.ũ + ũ 43.1(9 !(¢-ũ 04#ũ 2#ũ !.-$(#1#ũ ũ
24ũ "#$#-2.1ũ #-ũ + ũ ! 42 ēũ ũ ~3#2#ũ 8ũ -.3($~ı 04#2#ēēēēıũ $Ĺ 1 ēũ 42 - ũ 11#1 ũ ēũ 4#9 ũ 4(-3.ũ"#ũ+.ũ (5(+
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ēũ ĔũĊćũ ũ ũ ũĉćĈĈē (1, ũ +#%( +# %ēũ 1(#+ ũ 5(+ #!1#3 1( 8ũ4-ũ2#++. ĈĒďĉćĵĒđćČĈ 44
ũ"#+ũ ēũ
ũ ũ ũ ũ ũ Ėũ ũ ēũĉćĈćıćĐĎĐũ ēũ ũ ũ ũ Ėũ ũ ũ ũ ĸ ũ ũ
Ĺũ Ėũ
ēũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ēũ
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ , 13#2ũ ĉđũ "#ũ 2#/3(#, 1#ũ"#+ũĉēćĈćĔũ+ 2ũĈć'ĉĈēũ Ėũ ũ "#, -" ũ#2ũ!+ 1 ũ8ũ!.,/+#3 Ĕũ2#ũ+.ũ ",(3#ũ +ũ 31;,(3#ũ #-ũ )4(!(.ũ )#!43(5.ũ 04#ũ 2#ũ " ũ ũ + ũ ! 42 ēũ ~3#2#ũ ũ % ũ #1- -" ũ (34 ũ (+ -ũ 8ũ 1!.ũ -3.-(.ũ .9 " ũ 15 ) +ũ #-ũ #+ũ +4% 1ũ 04#ũ 2#ũ (-"(! Ĕũ ũ $(-ũ "#ũ 04#ũ / %4#-ũ .ũ /1./.-% -ũ #7!#/!(.-#2ũ "#-31.ũ "#+ũ 3_1,(-.ũ "#ũ 31#2ũ "~ 2ũ +4#%.ũ "#ũ !(3 ".2ũ +#% +,#-3#ũ +.2ũ "#, -" ".2ēıũ .1ũ ' #1ũ ,_1(3.ũ #-ũ 43.2ũ 2#ũ "(2/.-#ũ + ũ /1.'( (!(¢-ũ "#ũ #- )#- 1ũ 2. 1#ũ #+ũ ĉĎŘũ "#ũ +.2ũ "#1#!'.2ũ 8ũ !!(.-#2ũ "#+ũ (-,4# +#ũ "#ũ /1./(#" "ũ "#ũ 1!.ũ -3.-(.ũ .9 " Ĕũ / 1 ũ +.ũ !4 +ũ -.3($(ı 04#2#ũ +ũ2# .1ũ #%(231 ".1ũ"#ũ+ ũ 1./(#" "ũ -3.- +ēũ ¢,#2#ũ #-ũ !4 -3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 2# + ".ũ /.1ũ #+ũ !.,/ 1#!(#-3#ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.1(9 !(¢-ũ 04#ũ " ũ +ũ 1.$#2(.- +ũ 04#ũ 242!1( #Ĕũ +#%(ı 3(,;-".2#ũ + ũ /#12.-#1~ ũ "#+ũ 1ēũ .-9 +.ũ 31(!(.ũ #% + ".ũ ¢/#9Ĕũ #-ũ 24ũ ! +(" "ũ "#ũ -" 3 1(.ũ"#ũ 23Ì 1".ũ (04#+,#ũ 1#"#2ũ
¢/#9Ĕũ #1#-3#ũ"#ũ+ ũ ../#1 3(5 ũ"#ũ '.11.ũ 8ũ 1_"(3.ũ -ũ 1 -!(2!.ũ 3" ēĔũ "#ũ !.-$.1ı ,(" "ũ !.-ũ #+ũ /."#1ũ ")4-3.ēũ .3($~04#2#ũ 8ũ ~3#2#ēũ $Ĺũ 1ēũ .1%#ũ 1!.2ũ .1 +#2ēũ 4#9ũ 1(,#1.ũ "#ũ +.ũ (5(+ũ #,/.1 +Ĕũ #13($(!.ũ $Ĺũ -( ũ 8.1% ũ 1!_2ũ ũ #!1#3 1( ēũ ĸũ (%4#ũ -.3($(! !(.-#2ēũ ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ +4-#2ũ ĉĈũ "#ũ $# 1#1.ũ ĉćĈĈĔũ + 2ũ ++'ĉĒēũ ~3#2#ũ !.-ũ #+ũ #731 !3.ũ "#ũ + ũ "#, -" Ĕũ 43.ũ "#ũ #-31 " ũ8ũ#23 ũ/1.5("#-!( ũ ũ % ũ #, -" ũ 434 ũ (+ -Ĕũ/.1ũ+ ũ/1#-2 ũ,#"( -3#ũ31#2ũ /4 +(! !(.-#2ũ #-ũ 4-ũ "( 1(.ũ "#ũ + ũ +.! +(" "Ĕũ -3#ũ#+ũ)41 ,#-3.ũ"#ũ+ ũ/ 13#ũ !3.1 ũ"#ũ"#2ı !.-.!#1ũ24ũ1#2("#-!( Ĕũ/ 1 ũ04#ũ"#2/4_2ũ"#ũ 5#(-3#ũ"~ 2ũ"#ũ+ ũÌ+3(, ũ/4 +(! !(¢-ũ, 2ũ#+ũ 3_1,(-.ũ"#ũ31#2ũ"~ 2Ĕũ!4,/+ ũ!.-ũ+.ũ.1"#- ı ".ēıũ .3($~04#2#Ĺũ 1ēũ .1%#ũ 1!.2ũ .1 +#2ēũ
4#9ũ 1(,#1.ũ"#ũ+.ũ (5(+ũ #,/.1 +Ĕũ #13($(!.ũ $Ĺũ -( ũ 8.1% ũ 1!_2ũũ ũ #!1#3 1( ũ 13(!4+ 1ũ 04#ũ /.-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ !(3 ".Ĕũ /1#5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ"#ũ2# + 1ũ! 2(++#1.ũ)4"(!( +Ĕũ/ 1 ũ1#!(ı (1ũ/.23#1(.1#2ũ-.3($(! !(.-#2Ĕũ ).ũ/1#5#-ı !(.-#2ũ+#% +#2ēũ (1, ũ +#%( +# 1 ēũ -( ũ 8.1% ũ ē
ũ #!1#3 1( ē 8ũ4-ũ2#++. ĈĒďĉĈĵĒđćČĉ 44
ēũ"#+ũ ē ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ė ũ .ıũČđĒıĉćĈć ēıũ #+5 ũ 1 "#+(- ũ +#1#- ũ #"(- ēıũ #%4-".ũ 1 -!(2!.ũ 4-(- ũ '(/ -3(9 ũ8ũ #!(+( ũ ( -04(9 ũ ũ ēıũ )#!43(5. ēıũČēĉććĔ..
ũ ũ ũ ēıũ 1ēũ #1,;-ũ 1#"#2ũ ē Ė
ũ ũ ũ ũ ũ ũ ũ ēũ #+(+#.Ĕũ 2; ".ũ Ĉĉũ "#ũ , 19.ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĈ'ĊĊēũ 1.5#8#-".ũ #+ũ #2!1(3.ũ 04#ũ -3#!#"#ũ 8ũ #-ũ 5(23 ũ 04#ũ + ũ !3.1 ũ' ũ!4,/+(".ũ!.-ũ+.ũ"(2/4#23.ũ#-ũ/1.ı 5("#-!( ũ/1#!#"#-3#Ĕũ2#ũ"(2/.-#ũ!(3 1ũ ũ+.2ũ "#, -" ".2ũ 2# .1#2Ėũ #%4-".ũ 1 -!(2!.ũ 4-(- ũ '(/ -3(9 ũ 8ũ #!(+( ũ ( -04(9 Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ 04#ũ 2#ũ 1# +(ı 9 1;-ũ#-ũ4-.ũ"#ũ+.2ũ/#1(¢"(!.2ũ"#ũ+ ũ!(4" "ũ "#ũ , 3.Ĕũ!.-ũ#+ũ#731 !3.ũ"#ũ+ ũ"#, -" ũ 43.ũ "#ũ #-31 " ũ 8ũ #23 ũ /1.5("#-!( Ĕũ 04(_ı -#2ũ /."1;-ũ !.,/ 1#!#1ũ ũ )4(!(.Ĕũ "#-31.ũ "#+ũ 3_1,(-.ũ "#ũ 5#(-3#ũ "~ 2ũ !.-3 ".2ũ "#ũ + ũ Ì+3(, ũ"#ũ#++ 2Ĕũ ).ũ/1#5#-!(.-#2ũ+#% +#2ēıũ .3($~04#2#ē (1, ũ +#%( +# ēũ ũ ũ
#13($(!.Ė (1, ũ +#%( +# 1ēũ -4#+ũ Ì #9ũ +3 ,(1 -. 13(!4+ 1ũ 04#ũ ,#ũ /#1,(3.ũ /.-#1ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.Ĕũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ !.-2(%4(#-3#2Ĕũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1~ ũ "#+ũ 49% ".ũ "#ũ +.ũ (5(+ũ "#ũ #+(+#.ē +ũ #!1#3 1(. (1, ũ +#%( +# -4#+ũ Ì #9ũ +3 ,(1 -. 8ũ4-ũ2#++. ĈĒďĊĉĵĒđćĐđ 44
ēũ"#+ũ ē Ėũ ũ ũ
ũ Ĕũ +#2ũ' %.ũ2 #1ũ+ ũ2(%4(#-3#ũ #-31.ũ "#+ũ )4(!(.ũ Ĕũ /.1ũ !. 1.ũ "#ũ "(-#1.Ĕũ 2#%4(".ũ /.1ũ ũ ũ ũ Ĕũ #-ũ !.-31 ũ "#ũ ũ ũ
ũ Ĕũ#-ũ! +(" "ũ"#ũ ũ ũ ũ ũ ũ ũ ũ ē ēĔũ 2#ũ ' ũ "(2/4#2ı 3.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ /.1ũ "#2!.-.!#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#+ũ "#, -" ".Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ 2#ũ +#ũ' !#ũ2 #1Ė
Ėũ ũ ũ ũ
ũ ũ ĖũĈđĊćďĉććđćĊČĐ ũ ũ Ėũ Ėũ ũ ũ Ėũ ũ ũ ũ
Ėũ ũ ũ
ũ
Ėũ ēũ ũ
ũ Ėũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ ďũ "#ũ 8.ũ "#+ũ ĉććđēũ ũ 2ũ ĈĈ'ĉćēıũ Ėũ ũ "#, -" ũ 04#ũ/1#!#"#ũ/.1ũ2#1ũ!+ 1 ũ8ũ+#% +ũ2#ũ+ ũ !#/ı 3 ũ +ũ31;,(3#ũ )#!43(5.ėũ/.1ũ+.ũ3 -3.Ĕũ!~3#2#ũ ũ ũ ũ
ũ Ĕũ #-ũ ! +(" "ũ "#ũ ũ ũ "#ũ + ũ ,/1#2 ũ ũ ũ ē ēũ ũ$(-ũ"#ũ 04#ũ/ %4#ũ.ũ/1./.-% ũ#7!#/!(.-#2ũ"#-31.ũ "#ũ31#2ũ"~ 2ũ+4#%.ũ"#ũ!(3 ".ēũũ %1_%4#2#ũ +ũ /1.!#2.ũ +.2ũ ".!4,#-3.2ũ ")4-3.2ēũ ũ ~3#2#ũ 8ũ -.3($~04#2#ēıũ $Ĺũ 1ēũ 4(2ũ (++ !~2ũ -!#!.ũ
4#9ēıũ #13($(!.ēıũ #!1#3 1( ũ #-! 1% " ēıũ $Ĺũ
!" ēēũ 13' ũ 1 -).ũ 4 +#2ē
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ ĉĊũ "#ũ 8.ũ "#+ũ ĉććđēũ ũ 2ũ Ĉć'ĊĎēıũ 4,/+(".ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.Ĕũ !~3#2#ũ +ũ "#, -" ı ".ũ ũ ũ
Ĕũ !.,.ũ ũ ũ "#ũ + ũ #,/1#2 ũ ũ ũ ē ēũ !.-ũ #+ũ 43.ũ "#ũ ! +($(! !(¢-ũ 8ũ #23 ũ /1.5("#-!( Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ#23 ũ!(4" "ũ"#ũ , 3.ũ"#ũ!.-$.1,(" "ũ !.-ũ#+ũ 13ēũđĉũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+ēũ ũ ~3#2#ũ 8ũ -.3($~04#2#ēıũ $Ĺũ 1ēũ 4(2ũ (++ !~2ũ -2#!.ēũ 4#9ēıũ #13($(!.ēıũ #!1#3 1( ũ #-! 1% " ēıũ $Ĺũ !" ēēũ 13' ũ 1 -).ũ 4 +#2ē
.ũ 04#ũ +#ũ !(3.ũ ũ 423#"#2ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2Ĕũ /1#5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#-ũ 04#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ $4341 2ũ-.3($(! !(.-#2ē , 3.Ĕũ 4-(.ũĈćũ"#+ũĉććđ (1, ũ +#%( +#
!" ēēũ 13' ũ 1 -).ũ 4 +#2 ũĸ Ĺ 8ũ4-ũ2#++. ĈĒďĎĎĵĒđĈĊČ 44
ũ ũ
ũ ũ ũ ũ ũ Ėũ ũ ũ ũ Ĕũ /.1ũ "#2!.-.!#1ũ "#ũ 24ũ !34 +ũ ".,(!(+(.Ĕũ 1#2(ı "#-!( ũ .ũ (-"(5("4 +(" "Ĕũ 2#ũ +#ũ ' !#ũ 2 #1ũ +.ũ04#ũ2(%4#Ė ũ ũ Ėũ Ėũ ũ Ė
ĖũćĈĉĊıĉćĈĈē Ėũ ũ ũ ũ Ėũ ũ ũ ũ
ĖũŌĈĉēĎććĔććũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ ũ , 3.Ĕũ +4-#2ũ ĉđũ "#ũ , 19.ũ "#+ũ ĉćĈĈĔũ + 2ũ Ĉď'ĎČēũ ũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ#-ũ! +(" "ũ"#ũ 4#9ũ (34+ 1ũ"#ũ#23#ũ
49% ".Ĕũ 8Ĕũ /.1ũ #+ũ 2.13#.ũ +#% +ũ /1 !3(ı ! ".ēıũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ /1#!#"#ũ #2ũ !+ 1 Ĕũ /1#!(2 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ +#% +#2ēũ ũ -ũ !.-2#!4#-!( Ĕũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ "#ũ )4(!(.ũ #)#!43(5.Ĕũ "(2/.-(_-".2#ũ04#Ĕũ#-ũ#+ũ3_1,(-.ũ"#ũ31#2ũ "~ 2Ĕũ + ũ "#, -" " ũ ũ ũ ũ ũ / %4#ũ + ũ . +(% !(¢-ũ "#, -" " ũ .ũ /1./.-% ũ #7!#/!(.-#2ēũũ .1ũ!4 -3.ũ#+ũ !3.1ũ"#!+ 1 ũ!.-ũ)41 ,#-ı 3.ũ04#ũ+#ũ' ũ2(".ũ(,/.2( +#ũ"#3#1,(- 1ũ#+ũ !34 +ũ".,(!(+(.Ĕũ1#2("#-!( ũ.ũ(-"(5("4 +(ı " "ũ"#ũ+ ũ"#, -" " ũ ũ ũ ũ Ĕũ !.-$.1,#ũ +.ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#ũ+ ũ ."($(! !(¢-ũ "#ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ #-ũ 5(%#-!( Ĕũ !~3#2#ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ /1#2#-3#ũ /1.5("#-!( Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ#-ũ4-.ũ"#ũ+.2ũ ( 1(.2ũ04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ (4" "Ĕũ ũ $(-ũ "#ũ 04#ũ !.,/ 1#9! ũ ũ 4(!(.ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2ēũ ũ #-% ũ #-ũ !4#-3 ũ + ũ !4 -3~ ũ "#ũ + ũ !!(¢-ũ 8ũ #+ũ ! 2(++#1.ũ)4"(!( +ũ2# + ".ēıũ .3($~04#2#ē (1, ũ +#%( +# ēũ ũ
#13($(!.Ė (1, ũ +#%( +# 1!.ũ + 9 1
.ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#ũ + ũ "#, -" " Ĕũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ !.-ı 2(%4(#-3#2ē (1, ũ +#%( +# 1ēũ 1!.ũ + 9 1ũ #+ 2!. 8ũ4-ũ2#++. ĈĒďĎĐĵĒđĈĊĒ
ũ
ũ + ũ "#, -" " ũ ũ ũ ũ Ĕũ "#-31.ũ "#+ũ )4(!(.ũ .ēũ ćĒČıĉćĈĈĔũ /1./4#23.ũ /.1ũ "6(-ũ #1-;-ũ
11 -9 ũ ;!.,#ũ #-ũ !.-31 ũ "#ũ 81 ũ +#7 -"1 ũ 1 -).ũ .11#2Ĕũ 2#ũ +#ũ ' !#ũ 2 #1ũ+.ũ04#ũ2(%4#Ė ũ ũ Ėũ
Ėũ ũ ũ ũ ũ
Ėũ ũ ũ ũ
Ėũ ũ ũ ũ Ėũ
ũ ĸ ĹĖũ ēũ ũ ũ ũ Ė
ũ ũ ũ ũ ũ ũ ē 4#1.Ĕũ ũ ĈČũ "#ũ 1(+ũ "#+ũ .ũ ĉćĈĈēıũ 2ũ ĈĈ'Čćēıũ Ėēıũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ 5(134"ũ "#ũ + ũ !!(¢-ũ "#ũ #12.- +ũ .ēũ ČĊĊı ı ēũ ũ + ũ "#, -" ũ 04#ũ -3#!#"#Ĕũ /1#2#-3 " ũ /.1ũ ũ ũ ũ Ĕũ #2ũ!+ 1 Ĕũ!.,/+#3 ũ8ũ1#Ì-#ũ+.2ũ1#04(2(3.2ũ "#ũ+#8Ĕũ/.1ũ+.ũ04#ũ2#ũ+#ũ ",(3#ũ +ũ31;,(3#ũ #23 +#!(".ũ #-ũ #+ũ 13ēũ đĈĊũ 8ũ 2(%4(#-3#2ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ēũ ũ -ũ !.-2#!4#-!( Ĕũ /.1ũ !4 -3.ũ #+ũ !3.1ũ ).ũ )41 ,#-3.ũ , -($(#23 ũ 04#ũ #2ũ (,/.2( +#ũ #23 +#!#1ũ 8ũ "#3#1,(- 1ũ #+ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ !34 +ũ "#ũ + ũ "#, -" " ũ ũ ũ ũ Ĕũ !¢11 2#ũ 31 2+ ".ũ ũ + ũ ,(2, Ĕũ !.-ũ #+ũ !.-3#-(".ũ "#ũ + ũ "#, -" ũ 8ũ #23#ũ 43.Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ 1# ı +(9 " 2ũ #-ũ 4-.ũ "#ũ +.2ũ ( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ "#ũ + ũ !(4" "ũ "#ũ , 3.Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-3 12#ũ "#2"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-Ĕũ /1./.-% ũ #7!#/!(.-#2ēũ ũ _-% 2#ũ #-ũ !4#-3 ũ+ ũ!4 -3~ ũ!.,.ũ(-"#3#1,(- " ũ8ũ #+ũ! 2(++#1.ũ)4"(!( +ũ .ēũĈĊũ"#+ũ 1ēũ + #13.ũ (++ +5 ũ ēēĔũ 2# + ".ũ /.1ũ / 13#ũ "#+ũ !3.1ũ / 1 ũ1#!( (1ũ-.3($(! !(.-#2ēũũ %1_%4#2#ũ+ ũ ".!4,#-3 !(¢-ũ ")4-3 ēũ ũ #ũ +#ũ /1#5(#-#ũ ũ + ũ "#, -" " Ĕũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ "#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ #-ũ #23 ũ 4"(! 341 ēıũ ~3#2#ũ8ũ-.3($~04#2#ēı (1, ũ +#%( +# 1ēũ #1,;-ũ 1#"#2ũ ē
4#9ũĸ Ĺũ"#ũ+.ũ (5(+ũ"#ũ 4#1. (1, ũ +#%( +# 1ēũ 2'(-%3.-ũ 4!'#+(ũ ē #!1#3 1(.ũ04#ũ!#13($(!
.ũ04#ũ/.-%.ũ#-ũ!.-.!(,(#-3.ũ"#+ũ!(3 ".ũ / 1 ũ+.2ũ$(-#2ũ+#% +#2ũ!.-2(%4(#-3#2Ĕũ/1#ı 5(-(_-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ3(#-#ũ"#ũ 2# + 1ũ".,(!(+(.ũ/ 1 ũ242ũ-.3($(! !(.-#2ũ #-ũ#23 ũ!(4" "Ĕũ"#-31.ũ"#ũ+.2ũ5#(-3#ũ"~ 2ũ ũ !.-3 12#ũ "#2"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-Ĕũ ).ũ /1#5#-!(.-#2ũ "#ũ +#8ēıũ ũ 4#1.Ĕũ ũ ĉĎũ "#ũ 1(+ũ"#+ũĉćĈĈēı (1, ũ +#%( +# 1ēũ 2'(-%3.-ũ 4!'#+(ũ ē #!1#3 1(.ũ "#+ũ 49% ".ũ "#ũ +.ũ (5(+ũ "#ũ 4#1. 8ũ".2ũ2#++.2 ĈĒďĊćĵĒđćĐĐ 44 ēũ ũ ē
Ėũ ũ ũ ũ #-31.ũ "#+ũ )4(!(.ũ 2/#!( +ũ 7'( (!(¢-ũ "#ũ #'~!4+.ũ ēũ ĉćĈćıćĎĒĐũ /1./4#23.ũ /.1ũ ũ ũ ũ
ũ #-ũ !.-31 ũ "#ũ ũ ũ ũ ē #ũ ' ũ "(2/4#23.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ /.1ũ "#2!.-.!#1ũ #+ũ ".,(!(+(.ũ 1#2("#-!( ũ "#+ũ "#, -" ".ũ ũ ũ ũ
Ėũ ũ ũ ũ
ũ ũ ĖũĉćĈćıćĎĒĐ ũ ũ Ėũ
Ėũ ũ ũ Ėũ ũ ũ ũ
Ėũ ũ ũ
ũ Ėũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũ Ĉđũ "#ũ %.23.ũ"#+ũĉćĈćĔũ+ 2ũćđ'Ďćēũũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ 5(134"ũ "#ũ ' #1ũ !.11#2/.-"(ı ".ũ + ũ ,(2, ũ #-ũ 2.13#.ũ ũ #23 ũ )4"(! ı 341 ēũ ũ -ũ +.ũ /1(-!(/ +Ėũ ũ "#, -" ũ 04#ũ -3#!#"#ũ #2ũ !+ 1 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ +#8Ĕũ #-ũ !.-2#!4#-!( ũ 2#ũ +#ũ ",(3#ũ +ũ 31;,(3#ũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ "(2ı /4#23.ũ #-ũ #+ũ 13ēũ đĉĈũ 8ũ 2(%4(#-3#2ũ "#ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ēũ ũ .1ũ +.ũ 3 -3.ũ !~3#2#ũ #-ũ +#% +ũ $.1, ũ +ũ "#, -ı " ".ũ 2# .1ũ ũ ũ ũ Ĕũ !.-ũ + ũ "#, -" ũ 8ũ #23 ũ /1.5("#-!( ũ ,#"( -3#ũ "#/1#! 3.1(.ũ +ũ 2# .1ũ )4#9ũ "#ũ +.ũ (5(+ũ "#+ũ ! -3¢-ũ .2Ĕũ ũ$(-ũ"#ũ04#ũ#-ũ#+ũ3_1,(-.ũ"#ũ31#2ũ"~ 2ũ"#ũ !(3 ".ũ+#% +,#-3#Ĕũ!4,/+ ũ!.-ũ+ ũ#7'( (ı !(¢-ũ"#+ũ5#'~!4+.ũ2.+(!(3 ".ũ/.1ũ#+ũ !!(.ı - -3#Ĕũ"(+(%#-!( ũ04#ũ2#ũ1# +(9 1;ũ#-ũ"~ 2ũ 8ũ '.1 2ũ + .1 +#2ũ #-ũ #23 ũ 4"(! 341 ēũũ ¢,#2#ũ#-ũ!4#-3 ũ+ ũ! 2(++ ũ)4"(!( +ũ2# ı + " 2ũ/.1ũ#+ũ !3.1ũ/ 1 ũ242ũ-.3($(! !(.-#2ũ /.23#1(.1#2ēũũ ~3#2#ũ8ũ .3($~04#2#ēũũ$Ĺũ 1ēũ 4%.ũ !'#!.ũ ēũ 4#9ũ !" ēēũ (%( ũ - 2ũ ēũ #!1#3 1( ē
ũ ũ ũ ũ ũ ũ ēũ ũ , 3.Ĕũ +4-#2ũ Ĉćũ "#ũ #-#1.ũ"#+ũĉćĈĈĔũ+ 2ũĈĎ'ćďēũũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ #-ũ 5(134"ũ"#ũ+ ũ !!(¢-ũ"#ũ/#12.- +ũ .ēũćČđı ı ıũ "#ũ ćĊũ "#ũ -#1.ũ "#+ũ ĉćĈĈĔũ #-ũ + ũ 04#ũ 2#ũ ,#ũ #-! 1% ũ #+ũ "#2/ !'.ũ /.1ũ +(!#-!( ũ +ũ (34+ 1ēũũ 3#-"(#-".ũ +ũ#2!1(3.ũ 04#ũ -3#!#"#ũ8ũ#-ũ5(134"ũ"#ũ04#ũ+ ũ !3.1 ũ !.-ũ )41 ,#-3.ũ , -($(#23 ũ "#ũ 04#ũ +#ũ #2ũ (,/.2( +#ũ"#3#1,(- 1ũ#+ũ !34 +ũ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#+ũ "#, -" ".ũ ũ ũ ũ Ĕũ !~3#2#+#ũ !.-ũ+ ũ"#, -" ũ/1.5("#-!( ũ(-(!( +ũ8ũ#2 ũ /1.5("#-!( ũ,#"( -3#ũ31#2ũ/4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-3 12#ũ "#2"#ũ+ ũÌ+3(, ũ/4 +(! !(¢-ũ,;2ũ+.2ũ31#2ũ "~ 2ũ04#ũ"#3#1,(- ũ+ ũ+#8Ĕũ!4,/+ ũ!.-ũ+ ũ #7'( (!(¢-ũ2.+(!(3 " ēũũ .3($~04#2#ēı Ĺũ 1ēũ 4(2ũ (++ !~2ũ -2#!.ēũ ũ 4#9ũ !" ēũ
(%( ũ - 2ũ ēũ #!1#3 1( ēũũ .ũ04#ũ!.,4ı -(!.ũ ũ 423#"ũ / 1 ũ +.2ũ $(-#2ũ "#ũ #8Ĕũ /1#ı 5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ "#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ
-.3($(! !(.-#2ēũ ũ , 3.Ĕũ Đũ "#ũ $# 1#1.ũ "#+ũĉćĈĈē (1, ũ +#%( +#
!" ēēũ (%( ũ - 2ũ ē 8ũ4-ũ2#++.ũ ĈĒďĎČĵĒđĈĊĉ
ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ2#ũ +#2ũ' !#ũ2 #1ũ+.ũ04#ũ2(%4#Ė
ũ .ēũćđĒĐıĉćĈć ũ ũ Ėũ Ė ũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ
ũ Ėũ Ĕũ Ĕũ Ĕũ Ĕũ Ĕũ Ĕũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ėũ ũ ũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũũ , 3.Ĕũ, 13#2ũĈČũ"#ũ "(!(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ĈĎ'Ċđēũ ēũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ#-ũ5(134"ũ"#ũ' #1ũ!.11#2/.-"(".ũ + ũ ,(2, ũ #-ũ 2.13#.ũ ũ #23 ũ 4"(! 341 ēũũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ -3#ı !#"#ũ #2ũ !+ 1 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ
#8Ĕũ /.1ũ +.ũ 04#ũ 2#ũ ",(3#ũ +ũ 31;,(3#ũ "#ũ
4(!(.ũ ēũũ -ũ!.-2#!4#-!( Ĕũ2#ũ "(2/.-#ũ 04#ũ +.2ũ "#, -" ".2ũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ ũ 8ũ ũ ũ Ĕũ 2~ũ !.,.ũ 3 , (_-ũ +.2ũ '#1#"#1.2ũ /1#24-3.2ũ 8ũ "#2!.-.!(".2ũ "#+ũ ! 42 -3#ũ +.,¢-ũ 1!#2(-.ũ +(- 2ũ _1#9Ĕũ#-ũ#+ũ3_1,(-.ũ"#ũ 04(-!#ũ "~ 2Ĕũ /1#2#-3#-ũ + 2ũ #7!#/!(.-#2ũ "(+ 3.1( 2ũ 8ũ /#1#-3.1( 2ũ "#ũ + 2ũ 04#ũ 2#ũ !1# -ũ 2(23(".2ũ 8ũ 2# +#-ũ ! 2(++#1.ũ )4"(ı !( +ũ/ 1 ũ242ũ-.3($(! !(.-#2ēũũ 4_-3#2#ũ#-ũ + ũ /1#2#-3#ũ ! 42 ũ !.-ũ #+ũ # .1ũ (1#!3.1ũ #%(.- +ũ"#+ũ Ĕũ/ 1 ũ#+ũ#$#!3.ũ"#/1#ı ! 2#ũ ũ 4-.ũ "#ũ +.2ũ # .1#2ũ 4#!#2ũ "#ũ +.ũ (5(+ũ"#ũ+ ũ 1.5(-!( ũ"#ũ '(, .1 9.Ĕũ!.-ũ ".,(!(+(.ũ #-ũ + ũ (4" "ũ "#ũ (. , ēũũ -2!1~ 2#ũ+ ũ"#, -" ũ#-ũ#+ũ #%(231.ũ"#ũ + ũ 1./(#" "ũ "#ũ #23#ũ -3¢-ũ , 3.Ĕũ / 1 ũ +.ũ 04#ũ 2#ũ -.3($(! 1;ũ +ũ $4-!(.- 1(.ũ 1#2/#!3(5.ēũũ ~3#2#ũ ũ+.2ũ"#, -" ".2ũ!.-ũ + ũ "#, -" ũ 8ũ #23 ũ /1.5("#-!( Ĕũ #23.ũ #2ũ ũ ũ ũ Ĕũ ,#"( -3#ũ !.,(2(¢-ũ +ũ 2# .1ũ #-(#-3#ũ .+~3(!.ũ "#ũ + ũ 11.04( ũ 4 !'(ũ 1 -"#ėũ ũ ũ ũ ũ ,#"( -3#ũ !.,(2(¢-ũ +ũ # .1ũ .,(2 1(.ũ !(.- +ũ "#+ũ -3¢-ũ (2 +#.ėũ ũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ Ĕũ ,#"( -3#ũ !.,(2(¢-ũ +ũ 2# .1ũ #-(#-3#ũ .+~3(!.ũ "#ũ + ũ 11.04( ũ .-3 +5.Ėũ #-ũ 3 -3.ũ 04#Ĕũ ũ ũ ũ Ĕũ ũ31 5_2ũ"#ũ+ ũ $(!(- ũ"#ũ (3 !(.-#2ėũ8Ĕũ ũ+.2ũ'#1#"#1.2ũ/1#24-3.2ũ 8ũ "#2!.-.!(".2ũ "#+ũ ! 42 -3#ũ +.,¢-ũ 1!#2(-.ũ +(- 2ũ _1#9Ĕũ /.1ũ !4 -3.ũ +.2ũ !3.1#2ũ "#!+ 1 -ũ !.-ũ )41 ,#-3.ũ 04#ũ +#2ũ ' ũ2(".ũ(,/.2( +#ũ"#3#1,(- 1ũ242ũ("#-3(ı " "#2ũ8ũ !3 +ũ".,(!(+(.Ĕũ1#2("#-!( ũ.ũ(-"(ı 5("4 +(" "#2Ĕũ"#ũ!.-$.1,(" "ũ!.-ũ+.ũ04#ũ "(2/.-#ũ#+ũ 13ēũđĉũ"#ũ+ ũ ."($(! !(¢-ũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ!~3#2#+#2ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ /1#2#-3#ũ /1.5("#-!( Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ#-ũ4-.ũ"#ũ+.2ũ ( 1(.2ũ04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ (4" "ũ "#ũ , 3.ēũũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 04#ũ 2# + -ũ +.2ũ !3.1#2ũ / 1 ũ #$#!3.ũ "#ũ 242ũ -.3($(! !(.-#2ēũ ũ %1_%4#-2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ / 1#) " ũ ũ + ũ "#, -" ēũũ ~3#2#ũ8ũ .3($~04#2#ē (1, ũ +#%( +# ēũ ũ
#13($(!.Ė (1, ũ +#%( +# 1ēũ 1!.ũ + 9 1
.ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ/ 1 ũ+.2ũ $(-#2ũ+#% +#2ũ!.-2(%4(#-3#2ē (1, ũ +#%( +# ēũ ũ 8ũ4-ũ2#++. ĈĒďĉĐĵĒđćďď 44 ēũ ũ ē
Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ēı #-31.ũ"#+ũ)4(!(.ũ/.1ũ/1#2!1(/!(¢-ũ "04(ı 2(3(5 ũ "#ũ ".,(-(.ũ 2#%4(".ũ /.1ũ ũ ũ ũ
ũ #-ũ !.-ı 31 ũ "#ũ ũ ũ ũ 2#ũ ' ũ "(2/4#23.ũ !(3 1ũ /.1ũ + ũ /1#2#-2 ũ /.1ũ "#2!.-.!#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#+ũ "#, -" ".ũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ2#ũ+#ũ' !#ũ2 #1ēı
Ėũ ũ ũ ũ
ũ ũ ĖũĉćĈĈıććĉČ ũ ũ Ėũ Ėũ ũ ũ ũ Ėũ ũ ũ ũ
Ėũ ũ ũ
ũ ēı
Ėũ ēũ ũ
ũ Ėũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ , 13#2ũ ĈĎũ "#ũ $# 1#1.ũ "#+ũ ĉćĈĈĔũ + 2ũ ĈĎ'Ċćēũ ũ Ėũ 4,/+(".ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.Ĕũ + ũ "#, -" ũ /1#2#-3 " ũ /.1ũ ũ ũ ũ
ũ #2ũ !+ 1 ũ 8ũ +#% +ũ /.1ũ +.ũ 04#ũ 2#ũ !#/3 ũ +ũ 31;,(3#ũ 1"(- 1(.ēũ ũ .1ũ !4 -3.ũ 2#ũ ' ũ "#!+ 1 ".ũ ).ũ)41 ,#-3.ũ+ ũ(,/.2( (+(" "ũ"#ũ"#3#1ı ,(- 1ũ+ ũ1#2("#-!( ũ !34 +ũ"#+ũ"#, -" ı ".Ĕũ !~3#2#ũ /.1ũ + ũ /1#-2 ũ ũ ũ ũ ũ Ĕũ 2~ũ!.,.ũ ũ +.2ũ/1#24-3.2ũ(-3#1#2 ".2ũ#-ũ#23 ũ! 42 Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2Ĕũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ /4 +(! -ũ #-ũ #23 ũ !(4ı " "ũ "#ũ , 3.ũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ ũ $(-ũ "#ũ 04#ũ !.,/ 1#9! -ũ ũ ' !#1ũ 5 +#1ũ242ũ"#1#!'.2ũ"#-31.ũ"#ũ04(-!#ũ"~ 2Ĕũ +4#%.ũ "#ũ !(3 ".2ũ +#% +,#-3#ēũ ũ 4_-3#2#ũ !.-ũ#+ũ2# .1ũ +! +"#ũ"#+ũ! -3¢-ũ , 3.ũ 8ũ 1.!41 ".1ũ ~-"(!.ũ 4-(!(/ +Ĕũ !(3;-ı ".2#+#2ũ#-ũ242ũ"#2/ !'.2ēũũ -2!1~ 2#ũ+ ũ "#, -" ũ#-ũ#+ũ #%(231.ũ"#ũ+ ũ 1./(#" "ũ "#+ũ! -3¢-ũ , 3.Ĕũ/ 1 ũ+.ũ04#ũ2#ũ-.3(ı $(! 1;ũ ũ 24ũ 3(34+ 1ēũ ũ ¢,#2#ũ #-ũ !4#-ı 3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ "#2(%- ".ũ / 1 ũ /.23#1(.1#2ũ -.3($(! !(.-#2ēũ ũ %1_%4#2#ũ +ũ /1.!#2.ũ +.2ũ ".!4,#-3.2ũ ")4-3.2ēũũ ~3#2#ũ 8ũ -.3($~04#2#ēıũ $Ĺũ 1ēũ 4(2ũ (++ !~2ũ -2#!.ũ 4#9ũ #73.ũ "#ũ +.ũ (5(+ũ #13($(! ũ #+ũ #!1#3 1(.ũ$Ĺũ 1ēũ .1%#ũ 11(++.ũ ēı
.ũ 04#ũ !(3.ũ 423#"ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2Ĕũ /1#5(-(_-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ3(#-#ũ 04#ũ 2# + 1ũ ! 2(++#1.ũ 4"(!( +ũ / 1 ũ 242ũ $4341 2ũ-.3($(! !(.-#2ēı , 3.Ĕũ 1(+ũĈđũ"#+ũĉćĈĈēı (1, ũ +#%( +# ēũ ũ
ũ
8ũ4-ũ2#++. ĈĒďĎĉĵĒđĈĉĒ
ũ ũ ũ ũ ũ ũ ũ ũ ē ē ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ ē ũ .ũĐĐĎıĉćĈĈı ē ē Ėũ 4(2ũ 2("1.ũ ."1~%4#9ũ:+5 1#9ē Ėũ 1#2("#-3#ũ "#+ũ (1#!3.1(.ũ "#ũ %4 2ũ"#ũ+ ũ !#04( ũ 4-"4%ũ ;, 3#ē ũ ũ ũ Ėũ .-!#2(¢-ũ "#+ũ #1#!'.ũ "#ũ 2.ũ 8ũ /1.5#!' ,(#-3.ũ "#ũ %4 2ũ04#ũ"(2!411#-ũ/.1ũ+ ũ !#04( ũ 4-"4%ũ ;, 3#ũ4 (! " ũ#-ũ+ ũ/ 11.04( ũ 31(9ũ"#+ũ
-3¢-ũ 3 3#Ĕũ 1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ %4 2ũ 04#ũ 2#1;-ũ 43(+(9 " 2ũ / 1 ũ 1(#%.Ĕũ !.-ũ 4-ũ! 4" +ũ"#ũđćũ+ĵ2ē ē ũ ũ ũ ēıũ ũ ũ ũ ēıũ ũ ũ ēıũ , 3.Ĕũ ũ ĉĊũ "#ũ 19.ũ "#+ũ ĉćĈĈēıũ 2ũ ćĒ Ďćēıũ ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#ı 2#-3#ũ ! 42 ũ #-ũ ,(ũ ! +(" "ũ "#ũ ..1"(- ".1ũ #%(.- +ũ #, 1! !(¢-ũ ("1.%1;$(! ũ "#+ũ 23 9 Ĕũ 2#%Ì-ũ + ũ !!(¢-ũ "#ũ /#12.- +ũ .ēũ ĈďćĉĐĉēı -ũ +.ũ /1(-!(/ +ũ + ũ 2.+(!(34"ũ "#ũ .-!#2(¢-ũ "#ũ %4 2ũ 04#ũ "(2!411#-ũ /.1ũ + ũ !#04( ũ 4-"4%ũ ;, 3#Ĕũ 4 (! " ũ #-ũ + ũ / 11.04( ũ 31(9Ĕũ "#+ũ ! -3¢-ũ 3 3#Ĕũ /1#ı 2#-3 ".ũ /.1ũ #+ũ 2# .1ũ 4(2ũ 2("1.ũ ."1~%4#9ũ +5 1#9Ĕũ #2ũ !+ 1 ũ !.,/+#3 ũ 8ũ 1#Ì-#ũ +.2ũ "#,;2ũ1#04(2(3.2ũ"#ũ+#8ũ/.1ũ+.ũ04#ũ2#ũ !#/ı 3 ũ ũ 31;,(3#ēıũ -ũ !.-2#!4#-!( ũ 2#ũ "(2/.-#Ėũ Ĉēıũ ~3#2#ũ ũ +.2ũ 424 1(.2ũ !.-.!(".2ũ .ũ -.ũ 2# .1#2Ėũ 1#2("#-3#ũ"#+ũ (1#!3.1(.ũ"#ũ %4 2ũ "#ũ + ũ !#04( ũ 4-"4%ũ ;, 3#Ĕũ ,#"( -ı 3#ũ !.,(2(¢-ũ +( 1 " ũ +ũ 2# .1ũ .,(2 1(.ũ !(.- +ũ "#+ũ -3¢-ũ 3 3#Ĕũ / 1 ũ 04#ũ #-ũ #+ũ 3_1,(-.ũ "#ũ đũ "~ 2Ĕũ !.-3#23#ũ 2# + -".ũ ".,(!(+(.ũ+#% +Ĕũ/ 1 ũ$4341 2ũ-.3($(! !(.-#2ēũũ ĉēıũ ~3#2#ũ ũ+.2ũ424 1(.2ũ!.-.!(".2ũ.ũ-.ũ/.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ +ũ #1 +".ũ .ũ ũ .1 ũ04#ũ2#ũ#"(3 -ũ#-ũ#23 ũ!(4" "ũ"#ũ , 3.ũ ,#"( -3#ũ ũ + ũ /4 +(! !(¢-ũ "#ũ 4-ũ #731 !3.ũ "#ũ #23 ũ /#3(!(¢-ũ 8ũ #23 ũ /1.5("#-ı !( Ĕũ/.1ũ31#2ũ5#!#2Ĕũ,#"( -".ũ"#ũ4- ũ ũ.31 ũ #+ũ /+ 9.ũ "#ũ đũ "~ 2ũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũđĐũ"#ũ+ ũ #8ũ"#ũ %4 2ēıũĊēıũ 4#ũ2#ũ!(3#ũ ũ+.2ũ424 1(.2ũ!.-.!(".2ũ.ũ-.ũ/.1ũ! 13#+#2ũ 04#ũ 2#ũ $() 1;-ũ #-ũ 31#2ũ "#ũ +.2ũ / 1 )#2ũ ,;2ũ $1#!4#-3 ".2ũ "#+ũ ! -3¢-ũ 3 3#Ĕũ ,#"( -3#ũ !.,(2(¢-ũ +( 1 " ũ +ũ 2# .1ũ #$#ũ .+~3(!.ũ "#+ũ (-"(! ".ũ! -3¢-ēıũ ũ"#2(%- !(¢-ũ"#ũ #1(3.ũ
2#ũ + ũ ' 1;ũ #ũ 4- ũ $#!' ũ 04#ũ ./.134- ı ,#-3#ũ 2#ũ 2# + 1;ēıũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ ".,(!(+(.ũ 2# + ".ũ 8ũ + ũ 43.1(9 !(¢-ũ !.-$#1(" ũ ũ + ũ .% " ũ #$#-2.1 ēıũ %1_%4#2#ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ēıũ "#2%+¢2#2#ũ + ũ ,(2, ũ 8ũ "#) -".ũ !./( 2ũ #-ũ 43.2Ĕũ "#54_+5 2#ũ +.2ũ .1(%(- +#2ēıũ #ũ 2#-3 1;ũ + ũ 1 9¢-ũ !.11#2/.-"(#-3#ēũ ũ .1ũ 42#-!( ũ "#+ũ #!1#3 1(.ũ (34+ 1Ĕũ !3Ì#ũ !.,.ũ #!1#3 1(.ũ -! 1% ".ũ #+ũ (!ēũ 1+.2ũ 13~-#9ēıũ ēıũ $Ĺũ -%ēũ 4(2ũ + 9 1ũ . / -3 Ĕũ ..1"(- ".1ũ #%(.- +ũ "#, 1! !(¢-ũ ("1.%1;$(! ũ "#+ũ 23 9 ēıũ !#-31.ũ .- +ũ , 3.ēıũ (%4#ũ !#13($(! !(¢-ēı
.ũ 04#ũ !.,4-(!.ũ +ũ /Ì +(!.ũ #-ũ %#-#1 +ũ / 1 ũ+.2ũ$(-#2ũ"#ũ+#8ũ!.-2(%4(#-3#2Ĕũ/1#ı 5(-(_-".+#2ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#-ũ "#ũ 2# + 1ũ ".,(!(+(.ũ +#% +ũ "#-31.ũ "#+ũ /#1~,#31.ũ41 -.ũ"#ũ_23 ũ %#-!( Ĕũ/ 1 ũ $4341 2ũ-.3($(! !(.-#2ē (1, ũ +#%( +#
(!ēũ 1+.2ũ 13~-#9 ũĸ Ĺ 8ũ4-ũ2#++. ĈĒĎĐĈĵĒđćđĐ
"#ũ +#8Ĕũ +#ũ /1#5#-%.ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ "#ũ 2# + 1ũ ".,(!(+(.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "Ĕũ ũ $(-ũ "#ũ 04#ũ 1#!( ũ + 2ũ -.3($(! ı !(.-#2ũ "#ũ +#8Ĕũ 04#" -".ũ "#ũ #23 ũ , -#1 ũ +#% +,#-3#ũ!(3 ".ē -ũ (%4#+ũ"#ũ +!#".Ĕũ 19.ũĉĒũ"#+ũĉćĈĈē (1, ũ +#%( +# ēũ ũ ũ #!1#3 1(.ũ"#+ũ 49% ". 8ũ".2ũ2#++.2 ĈĒČĐĒĵĒĐČĉĐ 44
ēũ"#+ũ ē ı
ũ ũ ũ ũ ũ ũ ũ ũ ũ .ũ ććĉćıĉććĉĔũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ Ėũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ Ĕũ !48.ũ 3#-.1ũ#2ũ#+ũ2(%4(#-3#Ė
ũ ũ ũ ũ ũ ũ ēı , 3.Ĕũ )4#5#2ũ Ĉđũ "#ũ -.5(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ Ĉć'ČĎēıũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ !.,.ũ 4#9ũ #,/.1 +ũ"#ũ+ ũ 4"(! 341 ũ2#%Ì-ũ !!(¢-ũ "#ũ /#12.- +ũ .ēũ ĊĉĊũ Ĵ ēũ ũ ũ "#, -" ũ (-!("#-3 +ũ "#ũ 4,#-3.ũ "#ũ /#-ı 2(¢-ũ +(,#-3(!( ũ #2ũ !+ 1 ũ 8ũ +#% +ũ 8ũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ #-ũ )4(!(.ũ #1 +ũ 4, 1(.ũ 04#ũ 2#ũ " ũ ũ + ũ ! 42 ēũ ũ ~3#2#ũ ũ -,#12.-ũ 1!#+.ũ .1#3 ũ -(, .9 ũ #-ũ #+ũ +4% 1ũ 04#ũ 2#ũ (-"(! ũ ũ $(-ũ "#ũ 04#ũ !.,/ 1#9! ũ ũ ' !#1ũ5 +#1ũ24ũ"#1#!'.ũ ).ũ /#1!( (,(#-3.ũ "#ũ1# #+"~ Ĕũ/1#5(-(_-".+#ũ2# + 1ũ! 2(++#1.ũ )4"(!( +ũ / 1 ũ -.3($(! !(.-#2ēũ ũ ¢,#2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 2# + ".ũ /.1ũ + ũ !.,/ 1#!(#-3#ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.1(9 !(¢-ũ 04#ũ " ũ +ũ 1.$#2(.- +ũ 04#ũ 242!1( #ēıũ .3($~04#2#ũ 8ũ !~3#2#ēũ ũ $Ĺũ +ũ 4#9ēũ #13($(!.ũ ũ #!1#3 1( ēı
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ )4#5#2ũ ĉĎũ "#ũ -.5(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ćđ'Ďĉēıũ +ũ /#1(3.ũ 04#ũ !.-.!#ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ /1.!#" ũ ũ + ũ +(04(" !(¢-ũ "#ũ /#-2(.-#2ũ +(,#-3(!( 2ũ "#4" " 2Ĕũ 04(#-ũ !.-ũ )41 ,#-3.ũ #,(3(1;ũ 24ũ (-$.1,#ũ #-ũ #+ũ 3_1,(-.ũ "#ũ !4 31.ũ "~ 2ũ "#ũ -.3($(! ".ėũ !3Ì#ũ !.,.ũ 2#!1#3 1(.ũ
#,/.1 +ũ #+ũ (!ēũ 4(".ũ .8 ũ 4#- .Ĕũ 2#%Ì-ũ !!(¢-ũ "#ũ /#12.- +ũ ēũ Đďďũ ı ēũ .3($~04#2#ēũ $Ĺũ +ũ 4#9ēũ #13($(!.ēũ
ũ #!1#3 1( ēı ũ ũ ũ ũ ũ ũ ũ -%ēũ 4".1.ũ 11(++.ũ (#1 Ĕũ ' (#-".ũ 2(".ũ "#2(%- ".ũ /#1(3.ũ /.1ũ 24ũ 43.1(" "ũ / 1 ũ + ũ 1#+(04(" !(¢-ũ "#ũ ũ ũ !.,.ũ "(+(%#-!( ũ "#-31.ũ "#+ũ 4(!(.ũ "#ũ (5.1!(.ũ .ēũ ĉćĵĉććĉĔũ #-31#ũ ũ ũ ũ
ũ 8ũ ũ ũ
ũ Ĕũ !.-ũ )41 ,#-3.ũ /.-%.ũ ũ 54#231 ũ !.-2("#1 !(¢-ũ #+ũ 2(%4(#-3#ũ (-$.1,#Ė Ĉēıũ ũ ũ ũ ēēēēēēēēēēēēēēēēēēēēēēēēēŌũĈēĉďćĔ.. #%Ì-ũ+(04(" !(¢-ũ1# +(9 " ũ' 23 ũ#+ũ,#2ũ "#ũ (!(#, 1#ũ"#+ũĉććĒĔũ"#ũ$.) 2ũ .ēũĈĊĊ ĉēıũ ũ ũ ũ ũ Ė ũĉćĈćĖ .1ũ +.2ũ ,#2#2ũ "#ũ )4+(.ũ ũ -.5(#, 1#ũ ũ 1 9¢-ũ "#ũ Ōũ đćĔććũ ! " ũ ,#2ēēēēēēēēēēēēēēēēēŌũ ČđćĔ.. Ėũ ĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔ ĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔĔŌĈēĐČćĔ.. Ċēıũ ũ Ė #5(2 ".ũ #+ũ #7/#"(#-3#Ĕũ ũ 1#%(231 ũ 5 +.1#2ũ!.-2(%- ".2ē ũ ũ ũ ũ ĖēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēēŌũĈēĐČćĔ..
ũ/1#2#-3#ũ1#ı+(04(" !(¢-Ĕũ"#ũ/#-2(.-#2ũ +(,#-3(!( 2ũ "#4" " 2ũ /.1ũ #+ũ "#, -ı " ".Ĕũ 2!(#-"#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ũ Ĕũ ććĵĈććĔũ"¢+ 1#2ũ ,#1(! -.2ē
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ , 13#2ũ Đũ "#ũ "(!(#, 1#ũ"#+ũĉćĈćĔũ+ 2ũćĒ'Ċćēıũ ũ+(04(ı " !(¢-ũ 04#ũ -3#!#"#Ĕũ /¢-% 2#ũ #-ũ !.-.ı !(,(#-3.ũ"#ũ+ 2ũ/ 13#2ũ/.1ũ#+ũ3_1,(-.ũ"#ũ 31#2ũ "~ 2ũ ũ $(-ũ "#ũ 04#ũ . 2#15#-ēũ ũ .-ũ + ũ ,(2, ũ !~3#2#ũ +ũ +(,#-3 -3#ũ -,#12.-ũ .1#3 ũ -(, .9 ũ #-ũ #+ũ +4% 1ũ 04#ũ 2#ũ (-"(! ēũũ .3($~04#2#ēıũ$Ĺũ +ũ 4#9ēũũ #13($(!.ēũũ
ũ #!1#3 1( ēı
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ +4-#2ũ ĉĈũ "#ũ $# 1#1.ũ"#+ũĉćĈĈĔũ+ 2ũĈĈ'ćĊēıũ (_-".2#ũ " ".ũ !4,/+(,(#-3.ũ ũ +.ũ .1"#- ".ũ #-ũ /1.5("#-!( ũ 04#ũ -3#!#"#Ĕũ !~3#2#ũ !.-ũ + ũ +(04(" !(¢-ũ "#ũ /#-2(.-#2ũ +(,#-3(ı !( 2ũ "#ũ $2ēũ Ĉďđũ "#ũ +.2ũ 43.2ũ ũ -,#12.-ũ 1!#+.ũ .1#3 ũ -(, .9 Ĕũ/.1ũ+ ũ/1#-ı 2 Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-ũ "( 1(.ũ"#ũ+ ũ+.! +(" "Ĕũ -3#ũ#+ũ)41 ,#-3.ũ "#ũ + ũ / 13#ũ !3.1 ũ "#ũ "#2!.-.!#1ũ 24ũ 1#2("#-!( ũ / 1 ũ 04#ũ "#2/4_2ũ "#ũ 5#(-3#ũ "~ 2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ ,;2ũ #+ũ 3_1,(-.ũ"#ũ31#2ũ"~ 2ũ!4,/+ ũ!.-ũ+.ũ.1"#ı - ".ēũ ũ .3($~04#2#ēũ $Ĺũ +ũ 4#9ēũ #13($(!.ēũ
ũ2#!1#3 1( ēı
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ ,(_1!.+#2ũ ďũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ćđ'ČĎēıũ +ũ #2!1(ı 3.ũ 04#ũ -3#!#"#ũ %1_%4#2#ũ +ũ /1.!#2.Ĕũ !~3#2#ũ +ũ +(,#-3 -3#ũ -,#12.-ũ 1!#+.ũ .1#3 ũ -(, .9 Ĕũ !.-ũ #+ũ (-!("#-3#ũ "#ũ 4,#-3.ũ "#ũ /#-2(.-#2ũ +(,#-3(!( 2Ĕũ 2~ũ !.,.ũ + ũ +(04(" !(¢-ũ "#ũ /#-2(.-#2ũ +(,#-ı 3(!( 2ũ "#4" " 2Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ "#ũ #23 ũ
!(4" "ũ"#ũ , 3.ēũũ .3($~04#2#ēıũ$Ĺũ +ũ 4#9ēũũ #13($(!.ēũũ ũ #!1#3 1( ēı 13(!4+ 1ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#+ũ +(,#-3 -3#Ĕũ/ 1 ũ+.2ũ$(-#2ũ"#ũ #8ũ!.-ı 2(%4(#-3#2ē (1, ũ +#%( +# -( ũ 8.1% ũ 1!_2ũũ #!1#3 1( 8ũ4-ũ2#++.ũ ĈĒĎČĈĵĒĐĐĉĊ 44
ũ ũ ũ ũ ũ ũ ēũ ũ ēũ ũ
ũ ũ ũ } ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ĵ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ėũ8ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ } ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ Ėũ ũ .ēũĉćĈĈıććĒĈũ Ėũ ũ ũ ũ ũ Ėũ + ũ .,/ ~ ũ ũ ũ ũ ũ Ĕũ #-ũ + ũ /#12.- ũ "#ũ 24ũ #1#-3#ũ 8ĵ.ũ #/1#2#-3 -3#ũ #% +ũ ũ ũ ũ Ĕũ /.1ũ +.2ũ "#1#!'.2ũ 04#ũ 1#/1#2#-3 ėũ ũ ũ Ĕũ #1#-3#ũ "#ũ /#1 !(.-#2ũ "#ũ + ũ .,/ ~ ũ ũ ũ ũ ũ Ĕũ /.1ũ 242ũ /1./(.2ũ "#1#!'.2ũ 8ũ /.1ũ +.2ũ 04#ũ 1#/1#2#-3 ėũ 8ũ ũ ũ ũ ēũ ",(-(231 ".1ũ "#ũ + ũ + ũ "#ũ
4#%.2ũ ũ Ĕũ /.1ũ 242ũ /1./(.2ũ "#1#!'.2ėũ
Ėũ ēũ ũ ũ ũ ĖũŌũďēćććĔććũ Ėũ
ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ ,(_1!.+#2ũ ĉĐũ "#ũ 1(+ũ "#+ũ ĉćĈĈĔũ + 2ũ ćĒ'Čćēıũ ēıũ 5.!.ũ!.-.!(,(#-3.ũ#-ũ+ ũ/1#2#-3#ũ! 42 Ĕũ 04#ũ/.1ũ#+ũ2.13#.ũ' ũ!.11#2/.-"(".ũ ũ#23 ũ )4"(! 341 ēũ ũ "#, -" ũ "#"4!(" ũ /.1ũ ũ ũ ũ Ĕũ 4- ũ 5#9ũ 04#ũ 2#ũ ' ũ " ".ũ !4,/+(,(#-3.ũ !.-ũ +.ũ "(2/4#23.ũ #-ũ "#!1#3.ũ (-,#"( 3.ũ -3#1(.1Ĕũ 2#ũ + ũ ! +($(! ũ "#ũ !+ 1 Ĕũ /1#!(2 ũ 8ũ 04#ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ #8Ĕũ /.1ũ +.ũ 04#ũ 2#ũ + ũ ",(3#ũ ũ 31;,(3#ũ #-ũ /1.ı !#"(,(#-3.ũ .1 +Ĕũ 2#%Ì-ũ #+ũ 13~!4+.ũ ĎĐĎũ "#+ũ ¢"(%.ũ "#+ũ 1 ).ēũ -ũ !.-2#!4#-ı !( Ĕũ !.-ũ #+ũ !.-3#-(".ũ "#ũ + ũ "#, -" ũ 8ũ #23#ũ 43.ũ !~3#2#ũ ũ + ũ .,/ ~ ũ ũ ũ ũ ũ
āĈ
Ăŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ Ĕũ#-ũ+ ũ/#12.- ũ"#ũ24ũ #1#-3#ũ 8ĵ.ũ #/1#2#-3 -3#ũ #% +ũ ũ ũ ũ Ĕũ/.1ũ+.2ũ"#1#!'.2ũ04#ũ 1#/1#2#-3 ėũ ũ ũ Ĕũ #1#-3#ũ "#ũ /#1 !(.-#2ũ "#ũ + ũ .,/ ~ ũ ũ ũ ũ ũ Ĕũ /.1ũ 242ũ /1./(.2ũ "#1#!'.2ũ 8ũ /.1ũ +.2ũ 04#ũ 1#/1#2#-3 ėũ 8ũ ũ ũ ũ ",(-(231 ".1ũ "#ũ + ũ + ũ "#ũ
4#%.2ũ ũ Ĕũ/.1ũ242ũ/1./(.2ũ "#1#!'.2ėũ ũ +.2ũ ".2ũ /1(,#1.2ũ ,#"( -3#ũ /4 +(! !(.-#2ũ /.1ũ + ũ /1#-2 Ĕũ !.-$.1,#ũ +.ũ /1#2!1(3.ũ #-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ8ũ +ũ3#1!#1.ũ#-ũ#+ũ+4% 1ũ 04#ũ !.-23 ũ (-"(! ".ũ #-ũ #+ũ +( #+.ũ (-(!( +Ĕũ "# (#-".ũ /1#5#-~12#+#2ũ ũ +.2ũ !(3 ".2ũ 04#ũ "# #-ũ 2# + 1ũ ! 2(++ ũ )4"(!( +ũ / 1 ũ /.23#ı 1(.1#2ũ-.3($(! !(.-#2ēũ #ũ!.-$.1,(" "ũ!.-ũ #+ũ (-!(2.ũ 3#1!#1.ũ 13ēũ ĎĐďũ "#+ũ ¢"(%.ũ "#ũ 1 ).Ĕũ+ ũ 4"(#-!( ũ/1#+(,(- 1ũ2#ũ!.-5.ı ! 1;ũ4- ũ5#9ũ04#ũ2#ũ' 8 ũ!4,/+(".ũ!.-ũ+ 2ũ !(3 !(.-#2ũ/.1ũ+ ũ/1#-2 Ĕũ ũ+ ũ04#ũ"# #1;-ũ !.-!411(1ũ + 2ũ / 13#2ũ ũ .ũ /.1ũ ,#"(.ũ "#ũ /1.!41 ".1ũ )4"(!( +ũ !.-ũ $ !4+3 "#2ũ / 1 ũ 31 -2(%(1Ĕũ /#1!( (_-".2#ũ 04#ũ2#ũ/1.!#"#1;ũ#-ũ1# #+"~ ũ"#ũ04(#-ũ-.ũ !.-!411 ēũ (-ũ /#1)4(!(.ũ "#ũ 24ũ #7/.2(!(¢-ũ .1 +Ĕũ +.2ũ "#, -" ".2ũ "# #1;-ũ /1#2#-3 1ũ 24ũ !.-3#23 !(¢-ũ /.1ũ Ĕũ !.-ũ 31#2ũ !./( 2ēũ 1 ũ+ 2ũ-.3($(! !(.-#2ũ ũ+ ũ"#, -ı " -3#Ĕũ3_-% 2#ũ#-ũ!4#-3 ũ+ ũ! 2(++ ũ)4"(!( +ũ -Ì,#1.ũČďĉũ04#ũ2#ũ' ũ2# + ".Ĕũ 2~ũ!.,.ũ + ũ 43.1(9 !(¢-ũ 04#ũ ' !#ũ ũ 24ũ "#$#-2.1ēũ 4_-3#2#ũ !.-ũ #+ũ -2/#!3.1ũ "#+ũ 1 ).ēũ
ũ !3.1 ũ $ !(+(3#ũ + 2ũ !./( 2ũ -#!#2 1( 2ũ 8ũ #+ũ 31 -2/.13#ũ / 1 ũ !4,/+(1ũ !.-ũ + ũ !(3 ı !(¢-ũ "#-31.ũ "#+ũ 3_1,(-.ũ +#% +Ĕũ 2~ũ !.,.ũ +.2ũ ! 22#33#2ũ "#ũ 4"(.ũ / 1 ũ %1 1ũ + 2ũ 4"(#-!( 2ēıũ ~3#2#ũ 8ũ -.3($(04#2#ēũ $Ĺēıũ ēũ ũ ũ Ĕũ ũ ēũ
.ũ04#ũ!.,4-(!.ũ ũ423#"#2ũ/ 1 ũ+.2ũ$(-#2ũ "#ũ #8Ĕũ /1#5(-(_-".+#2ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#-ũ"#ũ2# + 1ũ! 2(++ ũ)4"(!( +ũ/ 1 ũ242ũ -.3($(! !(.-#2ēıũ
, 3.Ĕũ 1(+ũĉĐũ"#+ũĉćĈĈē (1, ũ +#%( +# 1 ēũ .18ũ (1 ".ũ + !(.2 8ũ4-ũ2#++. ĈĒďĊďĵĒđćĒď
ũ ũ
ũ #ũ 5 ũ ũ /1.!#"#1ũ ũ -4+ 1ũ + ũ 4#-3 ũ "#ũ '.11.2ũ .ũ ĈćĈČĉĐĎĐĒĈũ /#13#-#!(#-3#ũ ũ ũ ũ ėũ /.1ũ ' #12#ũ#731 5( ". , 3.Ĕũ ũĉĎũ"#ũ 1(+ũ"#ũĉćĈĈ ŇĒđĈĊď 44
ũ ũ
ũ #ũ 5 ũ ũ /1.!#"#1ũ ũ -4+ 1ũ + ũ 4#-3 ũ "#ũ '.11.2ũ .ũ ĈćČćĉĉćĎĉČũ /#13#-#!(#-ı 3#ũ ũ ũ ũ ėũ/.1ũ' #12#ũ#731 5( ". , 3.Ĕũ ũĉďũ"#ũ 1(+ũ"#ũĉćĈĈ ŇĒđĈĊď
44 ũ ũ ũ ũ ũ ũ ē ē ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũĉĔũ ũ ũ ũ ũ Ĕũ ũ ũ Ĕũ ũ ũ ē ũ ũĐĒĊıĉćĈĈı ē Ėũ -4#+ũ ¢/#9ũ , -!' ũ8ũ.31 ē Ėũ ."1(%.ũ 1. .Ĕũ 1#2("#-3#ũ"#+ũ (1#!3.1(.ũ"#ũ %4 2ũ"#ũ+ ũ !#04( ũ (+4+Ì,ũ 104# ē ũ ũ ũ Ėũ .-!#2(¢-ũ "#+ũ #1#!'.ũ"#ũ 2.ũ8ũ /1.5#!' ,(#-3.ũ "#ũ %4 2ũ 04#ũ "(2!411#-ũ /.1ũ + ũ !#04( ũ (+4+Ì,ũ 104# Ĕũ8ũ04#ũ2#ũ"# (3 -ũ/.1ũ#+ũ ¢5 +.ũ ,.2ũ ĉĔũ 4 (! ".ũ #-ũ + ũ / 11.04( ũ 3 '4 +/ Ĕũ"#+ũ! -3¢-ũ , 3.Ĕũ 1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ %4 2ũ04#ũ2#1;-ũ43(+(9 ı " 2ũ/ 1 ũ1(#%.Ĕũ!.-ũ4-ũ! 4" +ũ"#ũĈĎũ+ĵ2ē ē ũ ũ ũ ēıũ ũ ũ ũ ēıũ ũ ũ ēıũ , 3.Ĕũ ũ ćĐũ "#ũ 1(+ũ "#+ũ ĉćĈĈēıũ 2ũ Ĉć ĎĎēıũ ũ!.-.!(,(#-3.ũ"#ũ+ ũ/1#ı 2#-3#ũ! 42 ũ#-ũ,(ũ! +(" "ũ"#ũ ..1"(- ".1ũ #%(.- +ũ #, 1! !(¢-ũ ("1.%1;$(! ũ "#+ũ 23 9 Ĕũ 2#%Ì-ũ + ũ !!(¢-ũ "#ũ /#12.- +ũ .ēũ ĈďćĉĐĉēıũ -ũ +.ũ /1(-!(/ +ũ + ũ 2.+(!(ı 34"ũ "#ũ .-!#2(¢-ũ "#ũ %4 2ũ 04#ũ "(2!4ı 11#-ũ /.1ũ + ũ !#04( ũ (+4+Ì,ũ 104# Ĕũ 8ũ 04#ũ 2#ũ "# (3 -ũ /.1ũ #+ũ ¢5 +.ũ ,.2ũ ĉĔũ 4 (! ".ũ #-ũ + ũ / 11.04( ũ 3 '4 +/ Ĕũ "#+ũ ! -3¢-ũ , 3.Ĕũ /1#2#-3 " ũ /.1ũ #+ũ 2# .1ũ -4#+ũ ¢/#9ũ , -!' ũ 8ũ .31 Ĕũ #2ũ !+ 1 ũ !.,/+#3 ũ 8ũ 1#Ì-#ũ +.2ũ "#,;2ũ 1#04(2(3.2ũ "#ũ +#8ũ /.1ũ +.ũ 04#ũ 2#ũ !#/3 ũ ũ 31;,(3#ēıũ -ũ !.-2#!4#-!( 2ũ 2#ũ "(2/.-#Ėũ Ĉēıũ ~3#2#ũ ũ +.2ũ 424 1(.2ũ !.-.!(".2ũ .ũ -.Ėũ 2# .1ũ ."1(%.ũ 1. .Ĕũ 1#2("#-3#ũ "#+ũ (1#!3.1(.ũ "#ũ %4 2ũ "#ũ + ũ !#04( ũ (+4+Ì,ũ 104# Ĕũ ,#"( -3#ũ !.,(2(¢-ũ +( 1 " ũ +ũ 2# .1ũ #-(#-3#ũ .+~3(!.ũ "#ũ + ũ / 11.04( ũ -ũ 13.+.,_ũ "#ũ (-++.Ĕũ ũ 04(#-ũ2#ũ+#ũ!.-!#"#ũ#+ũ3_1,(-.ũ"#ũđũ"~ 2ũ / 1 ũ!.-3#23 1ũ2# + -".ũ".,(!(+(.ũ+#% +Ĕũ / 1 ũ $4341 2ũ -.3($(! !(.-#2ēıũ ĉēıũ ~3#2#ũ ũ +.2ũ 424 1(.2ũ !.-.!(".2ũ .ũ -.ũ /.1ũ + ũ /1#-2 Ĕũ#-ũ4-.ũ"#ũ+.2ũ"( 1(.2ũ +ũ #1 +".ũ .ũ ũ '.1 ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ ,#"( -3#ũ + ũ /4 +(! !(¢-ũ "#ũ 4-ũ#731 !3.ũ"#ũ#23 ũ/#3(!(¢-ũ8ũ#23 ũ/1.5(ı "#-!( Ĕũ/.1ũ31#2ũ5#!#2Ĕũ,#"( -".ũ"#ũ4- ũ ũ.31 ũ#+ũ/+ 9.ũ"#ũđũ"~ 2ũ"#ũ!.-$.1,(" "ũ !.-ũ #+ũ 13ēũ đĐũ "#ũ + ũ #8ũ "#ũ %4 2ēıũ Ċēıũ 4#ũ 2#ũ !(3#ũ ũ +.2ũ 424 1(.2ũ !.-.!(".2ũ .ũ -.ũ /.1ũ ! 13#+#2ũ 04#ũ 2#ũ $() 1;-ũ #-ũ 31#2ũ "#ũ +.2ũ / 1 )#2ũ ,;2ũ $1#!4#-3 ".2ũ "#ũ + ũ / 11.04( ũ 3 '4 +/ Ĕũ,#"( -3#ũ!.,(2(¢-ũ +( 1 " ũ +ũ 2# .1ũ #-(#-3#ũ .+~3(!.ũ "#ũ + ũ (-"(! " ũ / 11.04( ēıũ ũ "#2(%- !(¢-ũ "#ũ #1(3.ũ 2#ũ + ũ ' 1;ũ ./.134- ,#-3#ēıũ _-% 2#ũ#-ũ!4#-3 ũ#+ũ".,(!(+(.ũ2# + ".ũ 8ũ"#ũ+ ũ 43.1(9 !(¢-ũ!.-$#1(" ũ +ũ .% ".ũ #$#-2.1ēıũ %1_%4#2#ũ+ ũ".!4,#-3 !(¢-ũ ")4-3 ēıũ .1ũ 42#-!( ũ "#+ũ #!1#3 1(.ũ (34+ 1Ĕũ !3Ì#ũ !.,.ũ #!1#3 1(.ũ #+ũ (!ēũ 1+.2ũ 13~-#9ēıũ ēıũ $Ĺũ -%ēũ 4(2ũ + 9 1ũ . / -3 Ĕũ ..1"(- ".1ũ #%(.- +ũ "#, 1! !(¢-ũ ("1.%1;$(! ũ "#+ũ 23 9 ēıũ !#-31.ũ .- +ũ , 3.ēıũ (%4#ũ !#13($(! !(¢-ēı
.ũ 04#ũ !.,4-(!.ũ +ũ /Ì +(!.ũ #-ũ %#-#1 +ũ / 1 ũ+.2ũ$(-#2ũ"#ũ+#8ũ!.-2(%4(#-3#2Ĕũ/1#ı 5(-(_-".+#2ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#-ũ "#ũ 2# + 1ũ ".,(!(+(.ũ +#% +ũ "#-31.ũ "#+ũ /#1~,#31.ũ41 -.ũ"#ũ_23 ũ %#-!( Ĕũ/ 1 ũ $4341 2ũ-.3($(! !(.-#2ē (1, ũ +#%( +#
(!ēũ 1+.2ũ 13~-#9 ũĸ Ĺ 8ũ4-ũ2#++. ĈĒĎĒćĵĒĐĒĈĉ
'(-$67( (1 12627526 81 *5$1 '2/25 < 81 ,1),1,72 9$&,2 3HUR HQ QXHVWURV FRUD]RQHV TXHGD OR PHMRU GH Wt 7X ULVD 7X HMHPSOR 7X WUDEDMR 7X DPRU \ 7X JUDQGH]D £(VR TXH QRV GLVWH QR PRULUi MDPiV
'HVFDQVy HQ OD 3D] GHO &UHDGRU HO TXH HQ YLGD IXH HO 6HxRU
/8,6 ( $*8$6 32=2 6X HVSRVD *HRUJLQD *DUFpV VXV KLMDV 3LHGDG 0HUF\ %HUWKD /X] 0DUtD /DXUD \ -XGLWK $JXDV *DUFpV VXV KLMRV SROtWLFRV VXV KHUPDQRV KHUPDQRV SROtWLFRV VXV QLHWRV 6RULD $JXDV \ %HQDOFi]DU $JXDV VXV ELVQLHWRV \ GHPiV IDPLOLDUHV WLHQHQ HO SHQRVR GHEHU GH FRPXQLFDU VX VHQVLEOH IDOOHFLPLHQWR DFDHFLGR HO GRPLQJR GH PD\R GH 6XV UHVWRV PRUWDOHV HVWiQ VLHQGR YHODGRV HQ OD )XQHUDULD 0HOpQGH] /D FHUHPRQLD UHOLJLRVD GH FXHUSR SUHVHQWH VH RILFLDUi HQ OD ,JOHVLD GH ORV 3DGUHV -RVHILQRV D ODV K \ OXHJR D OD LQKXPDFLyQ HQ HO 3DUTXH GH /RV 5HFXHUGRV (WDSD 3RU HVWH DFWR GH VROLGDULGDG FULVWLDQD ORV GHXGRV DQWLFLSDPRV QXHVWURV VLQFHURV DJUDGHFLPLHQWRV
$PEDWR GH PD\R GH
!' & !& !'" & 0"%
ũ ũ ũ ũ ũ ũ ũ ũ
ēũ ũ ũ ēũ ũ ũ ēũ #2"#ũ #+ũ .ũ ".2ũ ,(+ũ 4-.Ĕũ 2#ũ #-!4#-31 ũ 2#/ 1 " ũ "#ũ 24ũ !¢-84%#ũ ũ ũ Ĕũ 04(#-ũ -".-¢ũ #+ũ '.% 1ũ 04#ũ +.ũ 3#-~ -ũ !.-$.1ı , ".Ĕũ2(-ũ04#ũ"#2"#ũ#2#ũ .ũ' 8 ũ#7(23(".ũ 1#+ !(.-#2ũ !.-84% +#2ũ 8ũ 2#74 +#2ũ ' 23 ũ + ũ !34 +(" "ē ēıũ -"#3#1,(- " Ėũ #1 +ũ 4, 1(. ũ .ũĈĉČıĉćĈĈē
ũ ũ ũ ũ ũ ũ ēıũ +!#".Ĕũ 5(#1-#2ũ ĉĎũ "#ũ , 19.ũ "#+ũ ĉćĈĈēıũ 2ũ ćđ'Ĉďēıũ ēıũ ũ !.-.!(,(#-3.ũ "#ũ ũ /1#2#-3#ũ ! 42 ũ #-ũ 5(134"ũ "#+ũ 2.13#.ũ "#ũ +#8ũ 8ũ ' #12#ũ !4,ı /+(".ũ !.-ũ +.ũ "(2/4#23.ũ #-ũ /1.5("#-!( ũ -3#1(.1ēıũ -ũ +.ũ /1(-!(/ +ũ + ũ "#, -" ũ 04#ũ 2#ũ ! +($(! ũ #2ũ !+ 1 Ĕũ /1#!(2 Ĕũ !.,/+#3 ũ 8ũ 1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ+#8Ĕũ/.1ũ+.ũ04#ũ2#ũ+.ũ ",(3#ũ ũ31;,(3#ũ#-ũ+ ũ5~ ũ"#+ũ 4(!(.ũ #1 +ũ 4, 1(.ēıũ .1ũ!4 -3.ũ+ ũ !3.1 ũ' ũ!4,/+(".ũ !.-ũ+.ũ04#ũ.1"#- ũ#+ũ 13ēũđĉũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ !~3#2#ũ +ũ "#, -" ".ũ 1ēũ ũ ũ Ĕũ/.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ 04#ũ 2#ũ #"(3 -ũ #-ũ + ũ (4" "ũ "#ũ
3 !4-% ũ 8ũ , 3.Ĕũ /.1ũ 31#2ũ .! 2(.-#2ũ 8ũ !.-ũ 4-ũ (-3#15 +.ũ "#ũ .!'.ũ "~ 2ũ "#ũ 4- ũ /4 +(! !(¢-ũ ũ + ũ .31 Ĕũ 04(#-ũ +.ũ !.-3#23#ũ "#-31.ũ"#+ũ3_1,(-.ũ+#% +Ĕũ ).ũ/1#5#-!(.-#2ũ "#ũ +#8ēıũ %1_%4#2#ũ +ũ /1.!#2.ũ + ũ ".!4ı ,#-3 !(¢-ũ 04#ũ 2#ũ !.,/ ēıũ ¢,#2#ũ #-ũ !4#-3 ũ+ ũ!4 -3~ Ĕũ 2(++ ũ 4"(!( +ũ04#ũ2# ı + ũ+ ũ !3.1 ũ/ 1 ũ1#!( (1ũ242ũ-.3($(! !(.-#2ēıũ ~3#2#Ĕũ .3($~04#2#ũ 8ũ /4 +~04#2#ēıũ $ēĹũ 1ēũ 1+.2ũ 11 %;-ũ 1"¢-#9Ĕũ 4#9ēıũ -31#ũ -2ēũ ũ , 3.ēıũ 5 +#Ėıũ (%4#-ũ + ũ !#13($(! !(¢-ũ 8ũ -.3($(! !(¢-ēı$Ĺũ 1ēũ .-9 +.ũ , 1 -.ũ
¢/#9ēıũ #!1#3 1(.ē
.ũ 04#ũ !.,4-(!.ũ ũ 423#"Ĕũ / 1 ũ +.2ũ $(-#2ũ
*#% & & !' !'"& #%" (! " # & % + & &" % , "! " "% $( 1 '" &( &' ! ( ! &# &( &#"&" ! ! %" &"! !' ! - ) % , #% " "! &' &' #% & '" +"
% % ! & " ) ! " " %/"
ŇĒđĈĐđ
"'+ .
% !'"! " )
Ä Ä‰
Ä‚Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
,/ !3 ".ĹŠ !.-31 ĹŠ/.23#
Ĺ—ĹŠ ĹŠĹŠ7o[h W bWi &+0(&" [b WkjecÂŒ# l_b Yed fbWYW J7F#-&'" Ykoe YedZkYjeh [iYWfÂŒ Z[b bk]Wh" i[ [ijh[bbÂŒ YedjhW kd feij[ Z[ WbkcXhWZe f‘Xb_Ye [d bW Wl[# d_ZW BWi 7cƒh_YWi o 8hWi_b$ I[]‘d [b _d\ehc[ feb_Y_Wb" dW# Z_[ eXi[hlÂŒ bWi Y_hYkdijWdY_Wi [d gk[ i[ fheZk`e [b Y^egk[" feh be gk[ Z[ _dc[Z_Wje bW kd_ZWZ \k[ bb[lWZW Wb fWj_e Z[ h[j[dY_ÂŒd Z[ ?pWcXW$
11#23 ".2ĹŠ/.1ĹŠ !.-"4!(1ĹŠ .11 !'.2
Ĺ—ĹŠĹŠĹŠBW deY^[ Z[b i|XWZe Wdj[# h_eh" Y_dYe Y_kZWZWdei \k[hed Z[j[d_Zei feh YedZkY_h l[# ^‡Ykbei XW`e [\[Yjei Z[b b_Yeh" [ijei Y_kZWZWdei" Z[ WYk[hZe W bW dk[lW B[o Z[ Jh|di_je" Z[X[d f[hcWd[Y[h '+ Z‡Wi jhWi bWi h[`Wi" fW]Wh (,* ZÂŒbWh[i Z[ ckbjW o bW Z_ic_dkY_ÂŒd Z[ '+ fkdjei [d bW b_Y[dY_W Z[ YedZkY_h$ 7b cec[dje" bei Wfh[^[d# Z_Zei [ij|d [d [b 9[djhe Z[ :[j[dY_ÂŒd Fhel_i_edWb 9:F W bW [if[hW Z[ bW h[iebkY_ÂŒd gk[ Z[X[ [c_j_h kd `k[p Z[ jh|di_je
#-.1ĹŠ$4#ĹŠ 31./#++ "
Ĺ—ĹŠ ĹŠĹŠ;h_aW C_i^[bb D" Z[ '+ W‹ei" \k[ Wjhef[bbWZW bW cW‹WdW Z[ Wo[h [d bW YWbb[ KhZWd[jW o F_Y^_dY^W 8W`W" i[]‘d bei j[i# j_]ei feh kd jWn_" W bWi '&0)&$ C_[cXhei Z[ bW 9hkp He`W jhWibWZWhed W bW c[deh W bW 9b‡d_YW :kh|d" ZedZ[ bei ]Wb[# dei Z[j[hc_dWhed gk[ fei[‡W kd jhWkcW Yh|d[e [dY[\|b_Ye b[l[" i‡dZhec[ Z[ bWj_]Wpe [d bW YebkcdW Y[hl_YWb WZ[c|i Z[ feb_Yedjki_ed[i feh be gk[ h[gk_[h[ jhWjWc_[dje Z[ [if[Y_Wb_ZWZ o h[Y_X_h| [b WbjW bk[]e Z[ ik h[Ykf[hWY_ÂŒd$
¥ ēŊ .2Ŋ$ ,(+( 1#2Ŋ"#+Ŋ.!!(2.Ŋ31 2+ " 1.-Ŋ#+Ŋ!4#1/.Ŋ' 23 Ŋ+ Ŋ/ 11.04( Ŋ -3 Ŋ .2 ĔŊ".-"#Ŋ#23;Ŋ2(#-".Ŋ5#+ ".ē
#& Ĺ‹*)*/& ,Ĺ‹. ,'#(šŋ )(Ĺ‹ /( Ĺ‹0# Ĺ‹ (Ĺ‹ / "#Ĺ‹ , ( +ĹŠ$ ++#!(".ĹŠ"#) ĹŠ4- ĹŠ'() ĹŠ"#ĹŠ3 -ĹŠ2.+.ĹŠ 4-ĹŠ  .ĹŠ8ĹŠ,#"(.ĹŠ#-ĹŠ+ ĹŠ.1$ -" "ĹŠ8ĹŠ ĹŠ 3." ĹŠ4- ĹŠ$ ,(+( ĹŠ24,(" ĹŠ#-ĹŠ#+ĹŠ".+.1Ä“ 7 bW &'0'+ Z[ Wo[h" bb[]ÂŒ >[h# c[i B[ed_ZWi @_dZ[ =kWdWd]W" Z[ (( W‹ei" Wb |h[W Z[ ;c[h# ][dY_W Z[b >eif_jWb :eY[dj[ 7cXWje" bk[]e gk[ h[Y_X_[hW Zei fk‹WbWZWi [d [b jÂŒhWn feh fWhj[ Z[ kd Z[iYedeY_Ze [d kd XW_b[ f‘Xb_Ye h[Wb_pWZe [d [b XWhh_e IWd L_Y[dj[ Z[ >kWY^_ =hWdZ[$ I[]‘d bWi fh_c[hWi _dl[i# j_]WY_ed[i >[hc[i @_dZ[" \k[
W Z_i\hkjWh Z[ c‘i_YW fefkbWh [d [b c[dY_edWZe i[Yjeh" f[he kdW ]h[iYW eYWi_edÂŒ gk[ kdW f[hiedW" ^WijW [b cec[dje de _Z[dj_Ă’YWZW" b[ Z_[hW kdW fk# ‹WbWZW [d [b bWZe _pgk_[hZe Z[b jÂŒhWn o ejhW [d [b bWZe Z[h[Y^e" fheleY|dZeb[ WXkdZWdj[ fƒh# Z_ZW Z[ iWd]h[$ :[ _dc[Z_Wje [ij[ Y_k# ZWZWde \k[ jhWibWZWZe W bW c[dY_edWZW YWiW Z[ iWbkZ
fWhW ik Wj[dY_Œd1 f[he bei ]Wb[dei dWZW fkZ_[hed ^W# Y[h" oW gk[ bb[]Œ i_d i_]dei l_jWb[i$ 7b feYe j_[cfe Z[b ikY[ie Bk_i @_dZ[" fWZh[ Z[b \Wbb[Y_Ze" bb[]Œ W bW YWiW Wi_ij[dY_Wb" [d c[Z_e Z[ bW jh_ij[pW o kd i_b[d# Y_eie bbWdje f[Z‡W gk[ bW Feb_Y‡W _dl[ij_]k[" YWfjkh[ o iWdY_ed[ Wb Wi[i_de Z[ ik ^_`e$ C_[djhWi kd [iYkWZhŒd Z[ X‘igk[ZW hWijh[WXW Wb Wi[i_de" bW kd_ZWZ Z[ 9h_c_dWb‡ij_YW Z[ bW Feb_Y‡W @kZ_Y_Wb h[Wb_pWXW [b b[lWdjWc_[dje Z[b YWZ|l[h [d bW Ceh]k[ Z[ c[dY_edWZW YWiW Z[ iWbkZ$
)' ,)-Ĺ‹ /- (Ĺ‹ Ĺ‹ - * , # )Ĺ‹
,#)ŋ ") šŋ3ŋ
Bei \Wc_b_Wh[i Z[ CWhYe L_# d_Y_e =kWc|d" Z[ () W‹ei" [i# j|d ikcWc[dj[ fh[eYkfWZei bk[]e gk[ [ij[ `el[d YWo[hW WYY_Z[djWbc[dj[ Wb h‡e 9^_# Xkd]W [d bW fWhhegk_W B_Y|d f[hj[d[Y_[dj[ W 9^_cXehWpe" fWhW ik h[iYWj[ [b 9k[hfe Z[ 8ecX[hei Z[ H_eXWcXW" [ij| YeehZ_dWdZe Yed bWi kd_ZWZ[i Z[ Jkd]khW^kW o FWijWpW$ I[]‘d [b _d\ehc[ eXj[d_Ze feh c_[cXhei Z[ bW ĂˆYWiWYW he`WÉ Z[ H_eXWcXW" =kWc|d Z[ifWh[Y_ÂŒ [b cWhj[i Wdj[h_eh" f[he bW Wb[hjW feh fWhj[ Z[ iki \Wc_b_Wh[i \k[ [b Z‡W i|XWZe" bW kd_ZWZ Z[ Wi_ij[dY_W ieif[Y^W gk[ [ij[ `el[d \k[ WhhWijhWZe feh bW \h‡Wi lWh_ei a_bÂŒc[jhei Z[iZ[ [b fkdje Z[ YW‡ZW$
9ed ("*(+ ]hWcei Z[ b_Yeh" YedZkY‡W 8eb‡lWh @ei[b_je 9Wi# j_bbe ik `[[f Yed fbWYW FJP# ()." YkWdZe Wb Y_hYkbWh [d bW YWbb[ :Whm_d o FWiW`[ IWdjW HeiW" feh bW Y_kZWZ[bW 9kcWd# Z|" f[hZ_Œ [b Yedjheb feh be gk[ Y^eYŒ YedjhW bW YWc_ed[jW Yed fbWYW F@?#--+ o YedjhW [b Wkje# cŒl_b Yed fbWYW >EC #'/) gk[ [ijWXWd [ijWY_edWZei [d bW l_# l_[dZW Z[ >eb]k[h Jehe$ ;ij[ dk[le WYY_Z[dj[ W YWkiW Z[b b_Yeh" \k[ W bWi ()0+& Z[b l_[h# d[i Wdj[h_eh1 i[]‘d [b _d\ehc[ feb_Y_Wb" 9Wij_bbe \k[ bb[lWZe Wb |h[W Z[ ;c[h][dY_Wi Z[b >eif_# jWb :eY[dj[ 7cXWje" fWhW gk[ b[ YeiWd bW \h[dj[" oW gk[ bW [nfbe# i_Œd Z[b l_Zh_e Wb cec[dje Z[b _cfWYje b[ fheleYŒ lWh_ei Yeh#
.+.1Ŋ$ ,(+( 1 ŗŊŊ # 31(9Ŋ 4 - -% Ŋ8Ŋ 4(2Ŋ (-"#ĔŊ / "1#2Ŋ"#Ŋ #1,#2Ŋ (-"#ĔŊ"#ŊĉĉŊ
 .2Ä—ĹŠ2#ĹŠ,4#231 -ĹŠ24, ,#-3#ĹŠ 31(23#2ĹŠ8ĹŠ"#2!.-2.+ ".2ĹŠ/.1ĹŠ3 -ĹŠ (11#/ 1 +#ĹŠ/_1"(" ĔŊ24ĹŠ"#2#.ĹŠ#2ĹŠ 04#ĹŠ+ ĹŠ .+(!~ ĹŠ !(.- +ĹŠ! /341#ĹŠ +ĹŠ !1(,(- +ĹŠ04#ĹŠ ! ¢Ŋ!.-ĹŠ+ ĹŠ5(" ĹŠ"#ĹŠ 24ĹŠ'().Ä“ 23#ĹŠ!(4" " -.ĹŠ"#ĹŠÄˆÄ”Ä?ćŊ,#31.2ĹŠ"#ĹŠ +341 ĔŊ3#9ĹŠ31(%4# Ŋ8ĹŠ!.-3#7341 ĹŠ "#+% " ĔŊ#23;ĹŠ2(#-".ĹŠ5#+ ".ĹŠ#-ĹŠ#+ĹŠ 11(.ĹŠ #142 +_-ĹŠ"#ĹŠ+ ĹŠ/ 11.04( ĹŠ -3 ĹŠ .2 ĔŊ2#ĹŠ3(#-#ĹŠ/1#5(23.ĹŠ04#ĹŠ#+ĹŠ #-3(#11.ĹŠ2# ĹŠ,  - ĹŠ#-ĹŠ'.1 2ĹŠ"#ĹŠ+ ĹŠ 3 1"#Ä“
&/ !)ŋ#(!, -šŋ ŋ /(ŋ )'# #&#)
ēŊ 2Ŋ/#12.- 2Ŋ04#Ŋ2#/ -Ŋ#+Ŋ / 1 "#1.Ŋ"#Ŋ#23#Ŋ!(4" " -.ĔŊ(-$.1Ĺ ,#-Ŋ Ŋ+ 2Ŋ4-(" "#2Ŋ"#Ŋ1#2! 3#ē
>WijW [b cec[dje de i[ j_[d[ d_d]‘d Z[jWbb[ ieXh[ bW kX_YWY_Œd Z[ [ij[ `el[d gk[ i[ Z[Z_YWXW Wb W]he" i_d [cXWh]e bei ef[hWj_lei Z[ X‘igk[ZW f[hi_ij[d ^WijW feZ[h beYWb_# pWhbe$
Â&#x; ēŊ ĹŠ#7/+.2(¢-ĹŠ"#ĹŠ+.2ĹŠ5("1(.2ĹŠ + 3#1 +#2ĔŊ/1.5.! 1.-ĹŠ5 1(.2ĹŠ!.13#2ĹŠ#-ĹŠ + ĹŠ$1#-3#ĹŠ"#+ĹŠ!.-"4!3.1ĹŠ
j[i [d bW \h[dj[" c_[djhWi [d kdW m_dY^W fh_lWZW" ik `[[f \k[ jhWi# bWZWZe Wb fWj_e Z[ h[j[dY_ÂŒd Z[ ?pWcXW" fWhW _dl[ij_]WY_ed[i$ 7b cec[dje [b YedZkYjeh Z[ bW kd_ZWZ [ij| Whh[ijWZe [d 9[d# jhe Z[ :[j[dY_ÂŒd Fhel_i_edWb 9:F " fh[l_e W bW WkZ_[dY_W Z[ `kp]Wc_[dje$
+ ĹŠ"#ĹŠ .204#2ĹŠ #-ĹŠ (+4+4,
Ĺ?Ä‚Ĺ? Ĺ?Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ä ÄŠ
+ĹŠ5(#1-#2ĹŠ -3#1(.1ĹŠ5 1(.2ĹŠ;1 .Äą +#2ĹŠ "#ĹŠ #4! +(/3.ĹŠ 4 (! ".2ĹŠ #-ĹŠ #+ĹŠ 2#!3.1ĹŠ "#ĹŠ (+4+4,ĹŠ #-ĹŠ + ĹŠ 5~ ĹŠ , 3.ĹŠ IJŊ 2 ĔŊ $4#1.-ĹŠ 3 + ".2ĹŠ !.-ĹŠÄƒ-#2ĹŠ, "#1#1.2ēŊ 1( 2ĹŠ"#ĹŠ + 2ĹŠ/#12.- 2ĹŠ04#ĹŠ/.1ĹŠ ++~ĹŠ/ 2 Äą 1.-ĹŠ"#,.231 1.-ĹŠ#23 1ĹŠ#-ĹŠ!.-31 ĹŠ "#ĹŠ+ ĹŠ3 + ĹŠ"#ĹŠ .204#2ĔŊ8 ĹŠ04#ĹŠ#-ĹŠ /.!.ĹŠ3(#,/.ĹŠ%1 -ĹŠ/ 13#ĹŠ"#ĹŠ+ ĹŠ5#%Äą #3 !(¢-ĹŠ"#+ĹŠ+4% 1ĹŠ' 1;ĹŠ"#2 / 1#Äą !(".ĹŠ"#ĹŠ$.1, ĹŠ"#2/( " " Ä“ ÄŻÄƒÄ‚ĂťÄ‚Ăş
/ (Ĺ‹,) %Ĺ‹ ' . ˜ Ĺ‹ ( )( /,-)Ĺ‹ ( #)( & :[ijhkYjkhW" [i kdW XWdZW Z[ heYa Yed\ehcWZW feh WcXWj[# ‹ei gk[ ]kijWd Z[ [ij[ ]ƒd[he cki_YWb gk[ l_[d[ _dYkhi_e# dWdZe Yed ckY^W \k[hpW [d [b YWcfe Whj‡ij_Ye$ >Wd jhWdiYkhh_Ze Zei W‹ei [d bei gk[ bW XWdZW ^W j[d_Ze bW efehjkd_ZWZ Z[ fWhj_Y_fWh [d lWh_ei [l[djei [djh[ bei c|i decXhWZei [ij|d 7c# XWje 8hkjWb" =kWojWcXe <[ij" IkbjWdW <[ij o [b ‘bj_ce Yed# Y_[hje Z[dec_dWZe <WYjeho DkdYW C|i$ ;d [ijW eYWi_ÂŒd :[ijhkYjk# hW [i bW ‘d_YW XWdZW WcXWj[‹W gk[ i[ [dYk[djhW fWhj_Y_fWd# Ze [d kd YedYkhie dWY_edWb eh]Wd_pWZe feh bW Z_igk[hW gk_j[‹W 7bWhcW ;YkWZeh" [b ]WdWZeh Z[ [ij[ YedYkhie i[h| gk_[d WXhW [b YedY_[hje _dj[hdWY_edWb Yed bWi XWdZWi >[Wl[d I^Wbb 8khd o 7i‡ BWo :o_d]" WcXWi W]hkfWY_ed[i ied Z[ bei [ijWZei kd_Zei W h[Wb_pWhi[ [d bW YWf_jWb Z[ bei [YkWjeh_Wdei [b fhÂŒn_ce ) Z[ `kd_e$ ;ij[ YedYkhie i[ h[Wb_pWh| c[Z_Wdj[ lejWY_ÂŒd [b[YjhÂŒd_# YW" feh [bbe :[ijhkYjkhW d[# Y[i_jW Z[ jk Wfeoe" jk leje be fk[Z[i h[Wb_pWh _d]h[iWdZe W bW i_]k_[dj[ Z_h[YY_ÂŒd [b[Y# jhÂŒd_YW mmm$WbWhcW[YkWZeh$ Yec" bWi lejWY_ed[i _d_Y_Whed [b l_[hd[i (/ Z[ WXh_b W bWi ()0&& o i[ Y_[hhWd [b cWhj[i ) Z[ cWoe W bWi ()0&&$
Ë ēŊ /.8 Ŋ5.3 -".Ŋ#-Ŋ+ Ŋ /;%(- Ŋ6# Ŋ Ŋ#23#Ŋ%14/.Ŋ"#Ŋ .!*Ŋ , 3# .ē
ÄŻÄƒÄ‚ĂťÄ‚Ä€
Čć! (-!+ēũ
ũĉũũ ũ ũ ũĉćĈĈ
4-%41 '4
Čćũ :
- ũ!#13#1 ũ/4 + " ũ#-ũ+ ũ / 13#ũ ) ũ"#+ũ3¢1 7Ĕũ+#ũ/1.5.ı !¢ũ+ ũ,4#13#ũ ũ #1,#2ũ #.-(ı " 2ũ (-"#Ĕũ"#ũĉĉũ .2Ĕũ+ ũ, ı "14% " ũ"#ũ 8#1ũ#-ũ4-ũ (+#ũ /./4+ 1ēũ : ũ Ĉđ
ũ
ũ ũ ũ ũ
#" +# 1.-ũ +ũ,;7(,.
+1#"#".1ũ"#ũČĎũ!.ı 11#".1#2ũ/ 13(!(/ 1.-ũ #-ũ+ ũ04(-3 ũ5;+(" ũ"#ũ (!(!1.22ũ/.1ũ+ ũ ./ ũ .- ũ #-31.ũ 8#1ũ#-ũ#+ũ / 104#ũ +ũ 4# .ē : ũ Ĉĉ
.2ũ # _2ũ "#ũ 1#8ũ '.04#ũ"#) ũ4-ũ'#1(".
.+~5 1ũ .2#+(3.ũ 23(++.Ĕũ$4#ũ 11#23 ".ũ+ ũ-.!'#ũ"#+ũ 2; ".ũ/.1ũ!'.! 1ũ ũ".2ũ 43.,.3.1#2ũ8ũ!.-"4!(1ũ ).ũ #$#!3.2ũ"#+ũ+(!.1ēũ : ũ Ĉđ
.2ũ-( .2ũ2 ı -.2ũ"(.ũ ũ+49ũ 1( 'ũ 1#8ũ !.-ũ#+ũ$.-".ũ ,42(! +ũ"#ũ24ũ ! -!(¢-ũĥ #ũ #+.-%ũ3.%#ı 3'#1Ħēũ : ũ Ĉć