Čć! (-!+ēŊ 4-%41 '4
Äž ĹŠ } Ä? Ĺ?
Ĺ?
4(!(.2ĹŠ#23 -! -ĹŠ/ %.2ĹŠ "#ĹŠ !1##".1#2ĹŠ"#ĹŠ -! ;%(- ĹŠ Ĉ
#$.1, 1; #8ĹŠ"#ĹŠ 1;-2(3. ;%(- ĹŠ ÄŠ
ĹŠĹŠÄŒĹŠĹŠ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄˆ
Ĺ?
(#3#Ŋ/.+(!~ 2Ŋ ,;2Ŋ Ŋ/1(2(¢ ;%(- Ŋ Ď
Ĺ?
,/(#9 ĹŠ + ĹŠ 5#-341 ĹŠ ;%(- ĹŠ ĈÄ?
, 3#Â .2ĹŠ!4,/+#-ĹŠ !.-ĹŠ242ĹŠ. +(% !(.-#2
.2ĹŠ!.-31( 48#-Äą 3#2ĹŠ/4#"#-ĹŠ! -!#Äą + 1ĹŠ!.-ĹŠ3 1)#3 ĹŠ"#ĹŠ !1_"(3.ĹŠ8ĹŠ#-ĹŠ5#-3 Äą -(++ 2ĹŠ"#ĹŠ #2.1#1~ Ä“
BW cW‹WdW Z[ Wo[h" Z[Y[dWi Z[ WcXWj[‹ei Z[ceijhWhed ik h[i# fediWX_b_ZWZ Wb WY[hYWhi[ W YWd# Y[bWh iki _cfk[ijei fh[Z_Wb[i [d [b [Z_Ă’ Y_e Y[djhWb Z[b Ckd_Y_f_e Z[ 7cXWje" WjhW‡Zei feh [b Z[i# Yk[dje Z[b '& feh Y_[dje$ Kd jejWb Z[ jh[i c_b .-, j‡jkbei \k[hed fW]WZei Wo[h" ZedZ[ i[ h[YWkZWhed '(/ c_b ,&. ZÂŒbWh[i$ ;b c_ice Z[iYk[dje i[]k_h| ^Wi# jW bW fh_c[hW gk_dY[dW Z[b c[i Z[ [d[he Z[ (&''$ C_[djhWi gk[ [d [b h[ije Z[ gk_dY[dWi [b Z[iYk[dje i[]k_h| XW`WdZe ^WijW gk[ZWh [d [b kde feh Y_[dje o Z[iZ[ [b c[i Z[ `k# d_e [b YeXhe i[h| d[je" [i Z[Y_h
ēŊ .2Ŋ , 3# .2Ŋ!4,/+#-Ŋ242Ŋ. +(% !(.-#2Ŋ!.-Ŋ -3(!(/ !(¢-ē
i_d h[YWh]ei d_ Z[iYk[djei$ >Wo gk[ _dZ_YWh gk[ bW Wj[d# Y_Œd i[ ZW [d Z_\[h[dj[i l[djWd_# bbWi" i[W Z[b c[hYWZe CeZ[be" [n 9ec_iWh‡Wi Ckd_Y_fWb[i o Z[c|i eh]Wd_icei ckd_Y_fWb[i$
BW Wj[dY_Œd [hW Z_b_][dj[" Yed bW _d\ehcWY_Œd fh[l_W Z[b cedje W fW]Wh feh bei Yedjh_Xko[dj[i" gk_[d[i i_d [cXWh]e i[ gk[`Whed Z[ gk[ ^WX‡W ckY^W b[dj_jkZ$ ;%(- Ď
,v (Ĺ‹ / .,)Ĺ‹ -)-Ĺ‹ Ĺ‹ Ăť Ýŋŋ ;d jehde Wb dk[le h[Xhej[ Z[ bW ]h_f[ 7>'D'" [d Jkd]k# hW^kW oW i[ ^WXh‡Wd h[fehjWZe YkWjhe YWiei Z[ bW _dĂ“ k[dpW [d [b >eif_jWb Z[b ?dij_jkje ;YkW# jeh_Wde Z[ I[]kh_ZWZ IeY_Wb ?;II " fWY_[dj[i gk[ ^Wd h[i# fedZ_Ze iWj_i\WYjeh_Wc[dj[ Wb Wdj_l_hWb ikc_d_ijhWZe$ Bk_i I_blW" cƒZ_Ye Z[ Z_Y^W YWiW Z[ iWbkZ" cWd_\[ijÂŒ gk[ Z[ bei YWiei h[fehjWZei Yed [b l_hki Zei \k[hed W d_l[b be# YWb o bei ejhei i[ Z_[hed [d bW fhel_dY_W Z[ FWijWpW # Fkoe" be gk[ ZW W dejWh gk[ [b l_hki i[ [dYk[djhW Y_hYkbWdZe [d [b WcX_[dj[ o i[ [ijWh‡W lebl_[d# Ze [dZƒc_Ye$ ;%(- ÄŠ
/.13#ĹŠ +ĹŠ.1- 3.ĹŠ"#ĹŠ , 3.
-Ŋ#23 Ŋ! 2 Ŋ#7(23(¢Ŋ4- Ŋ"#Ŋ+ 2Ŋ/1(,#1 2Ŋ(,/1#-3 2Ŋ"#Ŋ , 3.Ŋ04#Ŋ /#13#-#!(¢Ŋ Ŋ #%4-".Ŋ .1#)¢-Ŋĸ$ ++#!(".ĚĔŊ04#Ŋ#2345.Ŋ#-Ŋ/1.!#2.Ŋ "#Ŋ1#23 41 !(¢-Ŋ/.1Ŋ2#1Ŋ"#!+ 1 " Ŋ!.,.Ŋ/ 31(,.-(.ēŊ 8#1ĔŊ242Ŋ'().2Ŋ 1# +(9 1.-Ŋ24Ŋ(- 4%41 !(¢-Ŋ#-Ŋ+ Ŋ04#Ŋ"()#1.-Ŋ2#-3(12#Ŋ.1%4++.2.2Ŋ"#Ŋ 2#%4(1Ŋ!.-Ŋ+ Ŋ#-2# -9 Ŋ"#Ŋ24Ŋ/ "1#ĔŊ 1(-" -".Ŋ4-Ŋ 4#-Ŋ2#15(!(.Ŋ Ŋ+ Ŋ !.+#!3(5(" "ēŊŊ
ĹŠ
Ĺ‹(/ 0 Ĺ‹
3ŋ &ŋ Ě *),. ŋ -ŋ'6-ŋ óŋ 2# & ŋ )(ŋ &)-ŋ *),.#-Ě . -ŋ3ŋ), ( Ě ŋ (ŋ& ŋ- Ě .),#4 #š(đĄ
(4" "ĹŠ"#ĹŠ+4!#2ĹŠ 8ĹŠ!.+.1#2 :[ifkƒi Z[ kdW Z_\‡Y_b Z[b_X[# hWY_ÂŒd" bW b_ijW Z[ ]WdWZeh[i Z[ [ij[ YedYkhie eh]Wd_pWZe feh Z_Wh_e BW >ehW o hWZ_ei HecWd# Y[" 9edj_d[djWb o HkcXW" [ij| j[hc_dWZW$ Bei jh_kd\WZeh[i ied _dl_jWZei Wb fhe]hWcW gk[ i[ h[Wb_pWh| fWhW fh[c_Whbei" [b l_[hd[i - Z[ [d[he [d bWi _dijWbW# Y_ed[i Z[b f[h_ÂŒZ_Ye$ ;%(- ĹŠ ĈĒ
ĹŠ } Ä” ĹŠ ĹŠ
ĹŠ ÂĄ ĹŠ ĹŠ ĹŠ Ä“
ēŊ 5;-ĹŠ 41;-Ŋĸ"ĚĔŊ"(1#!3.1ĹŠ"#+ĹŠ .2/(3 +ĹŠ"#+ĹŠ #%41.Ä—ĹŠ8ĔŊ 4(2ĹŠ (+5 Ŋĸ(ĚĔŊ % +#-.ĔŊ#23;-ĹŠ ĹŠ+ ĹŠ#2/#1 ĹŠ"#ĹŠ+ ĹŠ!.-ÄƒĹŠ1, !(¢-ĹŠ"#ĹŠ+.2ĹŠ! 2.2ĹŠ"#ĹŠ(-ĄŊ4#-9 Ä“
666Ä“+ '.1 Ä“!.,Ä“#! ;%(- ĹŠ Ĉĉ
Ä‚ 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ĹŠ
23#"Ŋ/4#"#Ŋ#-5( 1Ŋ242Ŋ$.3.2Ŋ"#Ŋ"#-4-!( 2Ŋ!.,4-(3 1( 2Ŋ8Ŋ+ 2Ŋ 43.1(" "#2Ŋ 1#2/#!3(5 2Ŋ3(#-#-Ŋ+ Ŋ./.134-(" "Ŋ"#Ŋ1#2/.-"#1ēŊ Ŋ .1 Ŋ2#Ŋ1#2#15 Ŋ#+Ŋ"#1#!'.Ŋ "#Ŋ2#+#!!(.- 1Ŋ8Ŋ#"(3 1Ŋ+ 2Ŋ"#-4-!( 2ē
241 ĹŠ24/#1 ĹŠ#2/ !(.ĹŠ #-31.ĹŠ"#+ĹŠ,#1! ".ĹŠ ,_1(! ĹŠ ĂŒ-ĹŠ #2ĹŠ#5("#-3#ĹŠ+ ĹŠ%1 -ĹŠ! -3(" "ĹŠ"#ĹŠ "#2#!'.2ĹŠ04#ĹŠ1# .2 -ĹŠ#+ĹŠĂŒ-(!.ĹŠ !.-3#-#".1ĹŠ#7(23#-3#ĹŠ#-ĹŠ#23#ĹŠ !#-31.ĹŠ"#ĹŠ !./(.Ä“
ĹŠ ÂĄ ĹŠ
#2/.-2 +#Ä–ĹŠ 1~ ĹŠ"#ĹŠ
.41"#2ĹŠ +#1#- (1#!3.1 ĹŠ"#ĹŠ (%(#-#ĹŠ"#+ĹŠ 4-(!(/(.ĹŠ"#ĹŠ , 3. #+#$ēĖŊćĊĉĹĒĒĹÄ?ĒĹĊć
/ Ŋ1#/4#23 -Ŋ+ 2Ŋ! ++#2Ŋ 4!1#Ŋ8Ŋ 4(3.Ŋ#7(23~ Ŋ 4-Ŋ#2/ !(.Ŋ (#13.Ŋ#-Ŋ,#"(.Ŋ"#Ŋ + Ŋ !#1 ĔŊ04#Ŋ!.-23(34~ Ŋ4-Ŋ/#+(%1.Ŋ / 1 Ŋ+.2Ŋ/# 3.-#2ĔŊ#+Ŋ!4 +Ŋ8 Ŋ$4#Ŋ 11#%+ ".Ŋ' !#Ŋ/.!.2Ŋ"~ 2ēŊ #+(!(3 !(.-#2Ŋ Ŋ+ Ŋ#-3(" "Ŋ04#Ŋ "(2/42.Ŋ+ Ŋ4 (! !(¢-Ŋ"#Ŋ4- Ŋ3 / ē
ĹŠ
ÄŽ
đŊ Ŋ Ŋ
+3 Ŋ"#Ŋ/1#! 4!(¢-
1 ĹŠ#-3#11 1ĹŠ4-.2ĹŠ! +#2ĹŠ"#ĹŠ #-#1%~ ĹŠ#+_!31(! ĔŊ5#!(-.2ĹŠ 1(#1.-ĹŠ 4-ĹŠ'4#!.ĹŠ#-ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ !#1 2ĹŠ "#ĹŠ+ ĹŠ! ++#ĹŠ +".- ".ĹŠ8ĹŠ 5#-(" ĹŠ #5 ++.2ĔŊ04#ĹŠ-.ĹŠ' ĹŠ2(".ĹŠ!#11 ".ēŊ #ĹŠ/("#ĹŠ#+ĹŠ /.8.ĹŠ"#+ĹŠ #/ 13 ,#-Äą 3.ĹŠ"#ĹŠ 1 2ĹŠ ĂŒ +(! 2ĹŠ 4-(!(/ +#2Ä“ #2/.-2 +#Ä–ĹŠ 1( - ĹŠ 4#- 5#-341 (1#!3.1 ĹŠ"#ĹŠ 1 2ĹŠ ĂŒ +(Äą ! 2ĹŠ 4-(!(/ +#2 #+#$ēĖŊćĊĉĹĒĒĹÄ?Ä‘ÄąÄŒÄˆ
#ĹŠ'4-"#ĹŠ+ ĹŠ! ++# -ĹŠ+ ĹŠ! ++#ĹŠ .! $4#13#ĔŊ#-31#ĹŠ 4(3.ĹŠ8ĹŠ 4 8 04(+ĔŊ2#ĹŠ/1."4!#ĹŠ#+ĹŠ'4-Äą "(,(#-3.ĹŠ"#ĹŠ+ ĹŠ5~ ĔŊ.! 2(.- -".ĹŠ 2#1(.2ĹŠ/1. +#, 2ĹŠ ĹŠ+.ĹŠ!.-"4!3.1#2ĹŠ 04#ĹŠ!(1!4+ -ĹŠ/.1ĹŠ+ ĹŠ9.- Ä“ #2/.-2 +#Ä–ĹŠ 1( - ĹŠ 4#- 5#-341 (1#!3.1 ĹŠ"#ĹŠ 1 2ĹŠ ĂŒ +(Äą ! 2ĹŠ 4-(!(/ +#2 #+#$ēĖŊćĊĉĹĒĒĹÄ?Ä‘ÄąÄŒÄˆ
} ēŊ .2ĹŠ!.,#1!( -3#2ĹŠ#,/#9 1.-ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄˆĹŠ!.-ĹŠ,4!'.ĹŠ./3(,(2,.ĔŊ/#2#ĹŠ ĹŠ04#ĹŠ+.2ĹŠ/1(,#1.2ĹŠ"~ 2ĹŠ"#! 8#1.-ĹŠ5#-3 2Ä“
&Ĺ‹- .),Ĺ‹ )' , # &Ĺ‹.# ( Ĺ‹ * ,-* .#0 -Ĺ‹ (Ĺ‹ -. Ĺ‹ ˜) -ĹŠ+ ĹŠ3#,/.1 " ĹŠ- 5("# Ŋ8ĹŠ"#ĹŠÄƒ-ĹŠ"#ĹŠ  .ĹŠ#+ĹŠ!.,#1!(.ĹŠ$4#ĹŠ,48ĹŠ 4#-.ĹŠ/ 1 ĹŠ +.2ĹŠ , 3# .2ĹŠ8ĹŠ34-%41 '4#-2#2Ä“ 7 Z_\[h[dY_W Z[b cel_c_[dje Ye# c[hY_Wb [d bWi \[ij_l_ZWZ[i dWl_# Z[‹Wi o Z[ Ă’d Z[ W‹e" [d be gk[ W hefW o YWbpWZe i[ h[Ă’[h[" Wo[h [b fWdehWcW \k[ Z_ij_dje" Yed feYW Z[cWdZW Z[ YecfhWZeh[i$ ;ije i[ [l_Z[dY_ÂŒ [d bW \[h_W Z[ bW Yed\[YY_ÂŒd Z[b C[hYWZe CW# oeh_ijW o Z[ YWbpWZe [d [b 9[d# jhe 9ec[hY_Wb @kWd 9W`Wi$ ÆDeiejhei [if[hWcei l[d# Z[h c|i gk[ [d ejhWi eYWi_ed[i oW gk[ bW ][dj[ i‡ YecfhWXW [d W‹e dk[le" f[he h[Wbc[dj[ de \k[ Yece [if[h|XWceiÇ" i[‹WbÂŒ =beh_W 7bjWc_hWde" Yec[hY_Wdj[ Z[ hefW$ :[ _]kWb \ehcW 9WjWb_dW Ik|# h[p Z[ )- W‹ei" Yec[hY_Wdj[ Z[ YWbpWZe" i[‹WbÂŒ gk[ [ij[ bkd[i
bWi l[djWi Z[YWo[hed jejWbc[d# j[$ ÆH[Wbc[dj[ [ijW l[p ^[cei l[d_Ze W l[hdei bW YWhW" [i feh [ie gk[ [ijWcei ^WijW [b c[Z_e Z‡W" YWie YedjhWh_e deiejhei iWX[cei [djh[]Wh dk[ijhe fhe# ZkYje o dei lWcei [di[]k_ZWÇ" Yec[djÂŒ$ BWi _dijWbWY_ed[i Z[b C[hYW# Ze CWoeh_ijW Z[ bW 9ed\[YY_ÂŒd bkY_[hed Wo[h lWY‡Wi" Wdj[ [ij[ fWdehWcW bWi Yec[hY_Wdj[i gk[ bb[]Whed Z[iZ[ Gk_je" =kWoWgk_b o 9k[dYW jkl_[hed gk[ [if[hWh ^WijW bWi '*0&&" fWhW l[h i_ l[d# Z[d Wb]e Z[ ik c[hYWZ[h‡W$ Æ;i kd c_bW]he l[h gk[ bWi l[dZ[Zeh[i [ijƒd ^WijW fWiWZe [b c[Z_e Z‡W" oW gk[ bW cWoeh‡W
iWX[d _hi[ j[cfhWde o i_d dWZW Z[ c[hYWZ[h‡WÇ" Yec[djÂŒ >_bZW =kWc|d" WcW Z[ YWiW gk[ l_i_jÂŒ Wo[h [b i_j_e$ 5 +4 !(¢-
Feh ejhe bWZe" bWi Yec[hY_Wdj[i _dZ_YWhed gk[ bWi l[djWi [d bW j[cfehWZW dWl_Z[‹W \k[hed [n# Y[b[dj[i" oW gk[ bW cWoeh‡W Z[ WcXWj[‹ei WZgk_h_[hed hefW" pWfWjei o Z[c|i WYY[ieh_ei fWhW h[]WbWh o bkY_h [d bW ƒfeYW$ H[YWbYWhed gk[ Wo[h [b fWde# hWcW [hW Z_\[h[dj[" f[i[ W [bbe j_[d[d bWi c[`eh[i f[hif[Yj_lWi Z[ gk[ [ij[ W‹e i[h| cko Xk[de [d cWj[h_W [YedÂŒc_YW$ ÆJeZei ^_Y_[hed iki YecfhWi Wdj[i o ZkhWdj[ bW DWl_ZWZ" o bk[]e jeZe gk[ZÂŒ Z[i_[hje$ ;i# f[h[cei gk[ [b dk[le W‹e jhW_# ]W Xk[dWi YeiWi o ieXh[ jeZe c[`eh[ bW [Yedec‡WÇ" i[‹WbÂŒ BkY‡W 8Whh_edk[le" Yec[hY_Wd# j[ Z[ hefW$
(. (#'# (.)Ĺ‹ (Ĺ‹& -Ĺ‹0v -Ĺ‹ Ĺ‹ ,.v( 4 :[djhe Z[ bei jhWXW`ei Z[ cWd# j[d_c_[dje Z[ l‡Wi" [b Ckd_Y_f_e Z[ 7cXWje h[Wb_pÂŒ kd h[YWf[e Z[ YkWjhe _cfehjWdj[i Whj[h_Wi Z[ Y_hYkbWY_ÂŒd Z[ bW fWhhegk_W 7k# ]kije D$ CWhj‡d[p" _dl_hj_[dZe ,+ c_b ZÂŒbWh[i$ BWi YWbb[i _dj[hl[d_ZWi \k[# hed0 8WcX‘" 9^Wdkb" 9[_XW o Bei J_bei" gk[ W^ehW f[hc_j[d kdW Yed[n_ÂŒd Z_h[YjW W bW l‡W fh_dY_fWb Z[ bW fWhhegk_W" Bei 9Whh_pei" jWcX_ƒd _dj[hl[d_ZW feh bW WZc_d_ijhWY_ÂŒd$ ;ijWi _dj[hl[dY_ed[i i[ h[W# b_pWd feh [b ]hWZe Z[ d[Y[i_ZWZ [ _cfehjWdY_W" [i Wi‡ gk[ bW YWbb[ 9^Wdkb X[d[Ă’Y_W [b _d]h[ie Z[ bei [ijkZ_Wdj[i Z[ bW ;iYk[bW I[# ēŊ +ĹŠ,.,#-3.ĔŊ+#23 ĹŠ9.- ĹŠ/1#2#-3 ĹŠ4- ĹŠ(, %#-ĹŠ1#-.5 " Ä“ YkdZ_de ;]”[p$ :[ _]kWb cWd[hW bW YWbb[ 8Wc# 7jeY^W" W jhWlƒi Z[ bW Whj[h_W i[ h[Wb_pÂŒ bW YebeYWY_ÂŒd WbYWd# X‘" 9[_XW o Bei J_bei" f[hc_j[d fh_dY_fWb Bei 9Whh_pei$ jWh_bbWZe [d kd jhWce Z[ [ijWi kd WYY[ie Z_h[Yje Wb i[Yjeh Z[ ;i _cfehjWdj[ Z[ijWYWh gk[ l‡Wi$
1.8#!3 -Ŋ 1 .1(9 !(¢-
FWhW [b fhÂŒn_ce c_ƒhYeb[i '( Z[ [d[he [d bWi _dijWbWY_ed[i Z[b ?dij_jkje J[YdebÂŒ]_Ye Ikf[h_eh Ăˆ8eb‡lWhÉ Z[b i[Yjeh >kWY^_ FWjW" i[ [`[YkjWh| [b fheo[Yje Z[ WhXeh_pWY_ÂŒd [d jeZW bW pedW$ 7Yj_l_ZWZ gk[ YedjWh| Yed [b Wfeoe Z[ bW [cXW`WZW Z[ ?ihW[b$
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ă
+,4#19.ĹŠ "#ĹŠ!.-$1 3#1-(" "
Ĺ—ĹŠ ĹŠĹŠ FWhW ZWh kd _d\ehc[ WY[hYW Z[ bWi WYj_l_ZWZ[i h[Wb_pWZWi
ēŊ .ĹŠ2#ĹŠ!.-.!#-ĹŠ1#24+3 ".2ĹŠ"#+ĹŠ -23(343.ĹŠ 904(#3 ĹŠ _1#9ĹŠ !#1! ĹŠ"#ĹŠ+ 2ĹŠ,4#231 2ĹŠ#-5( " 2ĹŠ"#ĹŠ+.2ĹŠ/ !(#-3#2ĹŠ"#+ĹŠ #%41.ĹŠ!.-ĹŠ/.2( +#ĹŠ%1(/#ĹŠ Ĉ Ĉē
/(!/, "/ Ĺ‹3 Ĺ‹ )(. ,v Ĺ‹ )(Ĺ‹ / .,)Ĺ‹ -)-Ĺ‹ Ĺ‹!,#* Ĺ‹ Ăť Ăť 4!'.2ĹŠ"#ĹŠ+.2ĹŠ/ !(#-3#2ĹŠ!.-ĹŠ+ ĹŠ/.2(Äą +#ĹŠ(-Ä„4#-9 ĹŠ2#ĹŠ' 1~ -ĹŠ!.-3 %( ".ĹŠ#-ĹŠ 48.ēŊ 2ĹŠ 43.1(" "#2ĹŠ/("#-ĹŠ/1#! 4!(¢-Ä“ :[ WYk[hZe W _d\ehc[i [c_j_Zei jhe YWiei Z[ bW 7>'D'" ZedZ[ feh fWhj[ Z[ bWi Wkjeh_ZWZ[i Z[b kdW d_‹W Z[ ) W‹ei i[ [dYk[djhW >eif_jWb Z[b ?dij_jkje Wb cec[dje [d [b |h[W Z[ W_ibWc_[dje Yed fhedÂŒij_# ;YkWjeh_Wde Z[ I[]kh_ZWZ IeY_Wb ?;II " [d bW fhe# Ye h[i[hlWZe o XW`e jhWjW# Â&#x; l_dY_W i‡ i[ ^Wd h[fehjWZe "#ĹŠÄŠĹŠ  .2ĹŠ2#ĹŠ c_[dje cƒZ_Ye$ YWiei Z[ bW ]h_f[ 7>'D'" #-!4#-31 ĹŠ (2+ Äą 7]h[]ÂŒ gk[ Zei Z[ bei bei YkWb[i i[ [dYk[djhWd " ĹŠ#-ĹŠ#+ĹŠ;1# ĹŠ YWiei \k[hed jhWjWZei [d !1~3(! ĹŠ"#+ĹŠ Yed l_]_bWdY_W cƒZ_YW o .2/(3 +ĹŠ"#+ĹŠ Ä“ [b |h[W Z[ W_ibWc_[dje [d ikc_d_ijh|dZei[ bWi Ze# [b f_ie o ejhe gk[ ikY[Z_ÂŒ i_i d[Y[iWh_Wi fWhW YedjhWhh[ijWh ^WY[ Zei i[cWdWi$ Kd YWie cko _hh[]kbWh ikY[# [b l_hki$ Bk_i I_blW" cƒZ_Ye Z[b ?;II" Z_ÂŒ ^WY[ jh[i i[cWdWi Yed kdW cWd_\[ijÂŒ gk[ Wb cec[dje [d bW cW[ijhW Z[ (, W‹ei" W gk_ƒd i[ b[ _dij_jkY_ÂŒd i[ ^Wd h[Y_X_Ze YkW# YWjWbe]ÂŒ Yed bW [d\[hc[ZWZ Z[#
Ä‡ÄˆĹŠ
X_Ze W gk[ j[d‡W kdW d[kced‡W i[l[hW gk[ de h[ifedZ_ÂŒ W bWi Ĉ Ĉ c[Z_ZWi ^WX_jkWb[i$ #"(" 2ĹŠ"#ĹŠ/1#5#-!(¢-ĹŠ BW fWY_[dj[ \k[ ikc_d_ijhWZW ei[bjWc_l_h f[he feh bW ]hWl[# ĹĄĹŠ .ĹŠ !4"(1ĹŠ ĹŠ2(3(.2ĹŠ"#ĹŠ!.-!#-31 !(.-#2ĹŠ ZWZ Z[b YWie" bW `el[d cW[ijhW "#ĹŠ/. + !(¢-ĹŠ!.,.ĹŠ1#23 41 -3#2ĔŊ!(-#2ĔŊ \Wbb[Y_ÂŒ" kdW l[p h[Wb_pWZWi bWi #-31#ĹŠ.31.2Ä“ _dl[ij_]WY_ed[i" i[ YedĂ’hcÂŒ gk[ ĹĄĹŠ .-24,(1ĹŠ +(,#-3.2ĹŠ1(!.2ĹŠ#-ĹŠ5(3 ,(- ĹŠ Ŋĸ#2/(- ! ĔŊ+#!'4% ĔŊ/ / 8 ĔŊ9 - '.1( ĔŊ bW cW[ijhW de \Wbb[Y_ÂŒ feh bW _d# "41 9-.ĔŊ,#+¢-ŊĚŊ8ĹŠ5(3 ,(- ĹŠ Ŋĸ- 1 -) ĔŊ Ă“k[dpW$ +(,¢-ĔŊ, -" 1(- Ěē ĹĄĹŠ .-24,(1ĹŠ 4-" -3#ĹŠ+~04(".ĹŠ/ 1 ĹŠ, -Äą C[Z_Wdj[ _d\ehc[i j[b[\ÂŒd_# 3#-#12#ĹŠ'("1 3 ".Ä“ Yei Yed bei ]Wb[dei Z[ bW IWbW Z[ ĹĄĹŠ -ĹŠ! 2.ĹŠ"#ĹŠ/1#2#-3 1ĹŠ +%ĂŒ-ĹŠ2~-3., ĔŊ !.,.ĹŠ+ %1(,#.ĔŊ!.-%#23(¢-ĹŠ- 2 +Ä”ĹŠÄƒ# 1#ĹŠ J[hWf_W ?dj[di_lW Z[b >eif_jWb #9 ĹŠ IWd L_Y[dj[ Z[ FW‘b Z[ ?XWhhW" "#ĹŠ,;2ĹŠ"#ĹŠÄŠÄ’ĹŠ%1 ".2ĔŊ".+.1ĹŠ"#ĹŠ! 8ĹŠ,42!4+ 1ĔŊ !4"(1ĹŠ +ĹŠ!#-31.ĹŠ"#ĹŠ2 +4"ĹŠ bei YWiei gk[ i[ Z[j[YjWhed W^‡ o / 1 ĹŠ2#1ĹŠ5 +.1 ".ĹŠ8ĹŠ1#!( (1ĹŠ#+ĹŠ31 3 ,(#-3.ĹŠ "#!4 ".Ä“ [d H_eXWcXW f[hj[d[Y[d Wb l_hki 7>)D( gk[ [i kdW ckjWY_ÂŒd Z[ bW 7>'D'$ 7b cec[dje" bei YkWjhe YWiei XWje" ^Wd h[ifedZ_Ze iWj_i\WYje# ieif[Y^eiei gk[ i[ ^Wd Z[j[YjW# h_Wc[dj[ Wb jhWjWc_[dje Yed bW Ze [d [b >eif_jWb Z[b ?;II#7c# ei[bjWc_l_h$
ZkhWdj[ [b (&'&" bW 9eef[# hWj_lW Z[ 7^ehhe o 9hƒZ_je Cki^kY HkdW" j_[d[ fh[l_ije h[Wb_pWh kd Wbck[hpe Yed bei f[h_eZ_ijWi Z[ bei Z_\[h[dj[i c[Z_ei Z[ Yeckd_YWY_ÂŒd" Yed [b fhefÂŒi_je Z[ [ijh[Y^Wh bWpei Z[ Wc_ijWZ o fh[i[djWh bWi f[hif[Yj_lWi fWhW [b (&''$ 7Yj_l_ZWZ gk[ i[ Z[iWhhebbWh| [b fhÂŒn_ce c_ƒhYeb[i + Z[ [d[he W bWi '(0)&" [d [b [Z_Ă’Y_e CWjh_p Z[ bW Yeef[hWj_lW" gk_dje f_ie$
1.8#!3 -ĹŠ5("#.ĹŠ
Ĺ—ĹŠ ĹŠĹŠ 9ece fWhj[ Z[ bWi Ă’[ijWi Z[ Wd_l[hiWh_e Z[b 9eb[]_e FWh# j_YkbWh W Z_ijWdY_W 9WZlh_i^ ?dj[hdWY_edWb" fWhW [b fhÂŒn_# ce . Z[ [d[he i[ h[Wb_pWh| kdW fheo[YY_ÂŒd Y_d[cWje]h|Ă’YW W bWi '*0)&" feij[h_ehc[dj[ W bWi ',0)& i[ Z[iWhhebbWh| bW i[i_ÂŒd ieb[cd[$ 7Yjei gk[ i[ Z[iWhhebbWh|d [d [b WkZ_jeh_e Z[b =eX_[hde Fhel_dY_W Z[ Jkd]khW^kW$
., -ĹŠ/1#! 4!(.-#2
Ĺ—ĹŠ ĹŠĹŠ 7dj[ [b h[Xhej[ Z[ bW 7>'D'" Y_[hjWi f[hiedWi [d bWi _dijWbWY_ed[i Z[b >eif_# jWb :eY[dj[ 7cXWje jecWd c[Z_ZWi Z[ i[]kh_ZWZ" fWhW fh[l[d_h [b YedjW]_e Z[ [ijW [f_Z[c_W gk[ YeXhÂŒ lWh_Wi l_ZWi [b W‹e Wdj[h_eh$
( , ' (.)Ĺ‹ )' , # &Ĺ‹ (Ĺ‹ &Ĺ‹ 'Z,# &Ĺ‹ Ĺ‹ )(Ĺ‹(/ 0 -Ĺ‹)ð #( -Ĺ‹ BW cW‹WdW Z[ Wo[h" [d bWi W\k[# hWi [ _dj[h_eh Z[b c[hYWZe 7cƒ# h_YW" i[ fkZe [l_Z[dY_Wh Yece bW Yeb[Yj_l_ZWZ WcXWj[‹W WYkZ‡W ^WijW [ij[ Y[djhe Z[ WYef_e fWhW h[Wb_pWh bWi YecfhWi Z[ bei fhe# ZkYjei Z[ fh_c[hW d[Y[i_ZWZ$ :[ _]kWb cWd[hW bW \[h_W Z[ Wd_cWb[i c[deh[i jkle WYe]_ZW feh fWhj[ Z[ bei f[hiedWi gk[ i[ Z[Z_YWd Wb d[]eY_e Z[ [ijei Wd_# cWb[i oW i[W fWhW Wb]kdW Ă’[ijW e lebl[hbei W h[l[dZ[h$ ;d bei _dj[h_eh[i Z[b c[hYWZe
7cƒh_YW YWZW f[hiedW i[ Z[Z_YÂŒ W l[dZ[h bei fheZkYjei Z[ fh_c[# hW d[Y[i_ZWZ gk[ Wb cec[dje de ^Wd ik\h_Ze d_d]‘d WbpW Z[ fh[# Y_ei$ N_c[dW BWdZW" Yec[hY_Wd# j[" cWd_\[ijÂŒ gk[ bW YedYkhh[d# Y_W Z[ ][dj[ ZkhWdj[ [ij[ Z‡W ^W i_Ze cko Xk[dW o [if[hWd gk[ [b ēŊ 41 -3#ĹŠ+ ĹŠ,  - ĹŠ2#ĹŠ d[]eY_e i_]W _]kWb o gk[ de XW`[ /4".ĹŠ#5("#-!( 1ĹŠ4- ĹŠ%1 -ĹŠ Ä„4#-!( ĹŠ Yece [b W‹e Wdj[h_eh$ "#ĹŠ%#-3#ĹŠ +ĹŠ!#-31.ĹŠ"#ĹŠ !./(.Ä“ 7]h[]ÂŒ gk[ fWhW [ij[ W‹e" bei Yec[hY_Wdj[i j_[d[d fh[l_ije iW# c[Z_Wdj[ fheceY_ed[i h[]kbWh[i YWh WZ[bWdj[ [b Y[djhe Z[ WYef_e" o fbWd_Ă’YWZWi$
ĹŠ ĹŠ Â&#x;
9ed [b W\|d Z[ Xh_dZWh kd i[h# l_Y_e ÂŒfj_ce o Z[ YWb_ZWZ W bei [ijkZ_Wdj[i Z[ Jkd]khW^kW" [b ?dij_jkje ;YkWjeh_Wde Z[ 9hƒ# Z_je ;ijkZ_Wdj_b o 8[YWi ?[Y[ " j_[d[ dk[lWi eĂ’Y_dWi gk[ [ij|d kX_YWZWi [d [b 9[djhe 9ec[h# Y_Wb 9WhWYeb YkWhje f_ie o bW Wj[dY_ÂŒd [i Z[ &.0&& W ',0)& _d_dj[hhkcf_ZWc[dj[$ FWXbe Fel[ZW" Z_h[Yjeh fhe# l_dY_Wb Z[b ?;9;" cWd_\[ijÂŒ gk[ bWi eĂ’Y_dWi Z[ bW _dij_jkY_ÂŒd bb[# lWXWd WX_[hjWi feh [b bWfie Z[ Zei W‹ei o [ijWXWd kX_YWZWi [d
bWi YWbb[i 8eb‡lWh o CWbZedWZe" f[he Z[X_Ze W bW ]hWd Z[cWdZW [ijkZ_Wdj_b i[ efjÂŒ feh WZgk_h_h dk[lWi eĂ’Y_dWi c|i Wcfb_Wi$ 7]h[]ÂŒ gk[ [b fhefÂŒi_je Z[ bW _dij_jkY_ÂŒd [i fh[ijWh i[hl_# Y_ei [YedÂŒc_Yei fWhW [b i[Yjeh [ijkZ_Wdj_b Yece feh [`[cfbe fWhW bW [bWXehWY_ÂŒd Z[ j[i_i Z[ ]hWZe" Yeb[]_WjkhW" cWdkj[d# Y_ÂŒd fWhW bei Wbkcdei gk[ l_[# d[d Z[iZ[ ejhWi fhel_dY_Wi o de Yk[djWd Yed [b Z_d[he ikĂ’Y_[d# j[ fWhW iebl[djWh iki [ijkZ_ei WYWZƒc_Yei o kd_l[hi_jWh_ei$
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ Ă‹ ĹŠ ĹŠ ĹŠ ĹŠ
Ä…
-.!#-3#ĹŠ/#+(%1.ĹŠ
)-# & ' (. Ä…Ĺ‹&)-Ĺ‹* , -Ĺ‹ Ĺ‹ '#&# Ĺ‹+/ Ĺ‹., (-*),. (Ĺ‹ Ĺ‹-/-Ĺ‹"#$)-Ĺ‹ Ĺ‹ -. Ĺ‹' ( , Ä…Ĺ‹()Ĺ‹- Ĺ‹ (Ĺ‹ / (. Ĺ‹ &Ĺ‹* &#!,)Ĺ‹+/ Ĺ‹ ),, (Ĺ‹ -. -Ĺ‹#( (- -Ĺ‹ ,# ./, -Ä…Ĺ‹3 Ĺ‹+/ Ĺ‹ (Ĺ‹ / &+/# ,Ĺ‹* , ( Ĺ‹+/ Ĺ‹- Ĺ‹ */ Ĺ‹-/ ,#,Ä…Ĺ‹ -.)-Ĺ‹(#˜)-Ĺ‹*/ (Ĺ‹* ,Ĺ‹!, 0 -Ĺ‹ )(- / ( # -Ä„
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ŋ ) ,( #š(ŋ -. ,6ŋ" #&#. ŋ 3ŋ) /* ŋ (ŋ$/(#) ēŊ -Ŋ,48Ŋ, +Ŋ#23 ".Ŋ2#Ŋ #-!4#-31 Ŋ#23 Ŋ5~ Ŋ"#Ŋ 4 !'(Ŋ 1 -"#ē
)ŋ.# ( (ŋ - &. ) ŊŊ .2Ŋ,.1 ".1#2Ŋ"#Ŋ+ Ŋ5~ Ŋ ŗ 1.+(- Ŋ"#+Ŋ 41ĔŊ"#Ŋ 4 !'(Ŋ
1 -"#ĔŊ#23;-Ŋ! -2 ".2Ŋ"#Ŋ+.2Ŋ (-!.-5#-(#-3#2Ŋ Ŋ! 42 Ŋ"#Ŋ#23 Ŋ 5~ Ŋ"#Ŋ3(#11 ē 23;Ŋ4 (! " Ŋ Ŋ4-Ŋ#731#,.Ŋ"#Ŋ + Ŋ5~ Ŋ/1(-!(/ +Ŋ8Ŋ5 Ŋ Ŋ" 1Ŋ Ŋ+ Ŋ #-31 " Ŋ"#+Ŋ#23 "(.Ŋ"#Ŋ+ Ŋ (% Ŋ 11.04( +Ŋ"#Ŋ 4 !'(ĔŊ8Ŋ! " Ŋ5#9Ŋ 04#Ŋ' !#Ŋ2.+Ŋ/1#2#-3 Ŋ!.13(- 2Ŋ "#Ŋ/.+5.ĔŊ8Ŋ!4 -".Ŋ++4#5#ĔŊ#+Ŋ %4 Ŋ$.1, Ŋ4- Ŋ+ %4- Ŋ%1 -"#ē ĥ .2Ŋ 43.2Ŋ2#Ŋ"  -Ŋ +Ŋ,.,#-3.Ŋ 04#Ŋ/ 2 -Ŋ/.1Ŋ 04~Ŋ"# (".Ŋ Ŋ +.2Ŋ%1 -"#2Ŋ'4#!.2Ŋ04#Ŋ"#) -Ŋ + 2Ŋ+ %4- 2Ŋ!4 -".Ŋ2#Ŋ2#! -ĢŊ !.,#-3¢Ŋ:-%#+Ŋ 1 ĔŊ,.1 ".1ē
+ĹŠ/ 31(,.-(.ĹŠ!4+Äą 341 +ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĹŠ 2#ĹŠ.!4/ 1;ĹŠ!.-$.1Äą ,#ĹŠ+ 2ĹŠ#-3(" "#2ĹŠ 3#-% -ĹŠ,. (+( 1(.Ä“
h[dY_W1 C_d_ij[h_e 9eehZ_dWZeh Z[ bW Feb‡j_YW" Z[ Jkh_ice o Z[ 9kbjkhW$ ;b cej_le feh [b gk[ de i[ ^Wd _dijWbWZe jeZWi bWi Z[f[dZ[d# Y_Wi" i[ Z[X[ W gk[ de jeZWi bWi [dj_ZWZ[i j_[d[d [b ceX_b_Wh_e WZ[YkWZe" Wi‡ gk[ Z[X[h|d ^WY[h fheo[Yjei fWhW YecfhWh bei gk[ [ijƒd WYehZ[i W bW \WY^WZW Z[ [ij[ ;b Z[ifWY^e Z[ bW =eX[hdWY_ÂŒd fWjh_ced_e YkbjkhWb$ _d_Y_W [b W‹e Yed eĂ’Y_dWi dk[lWi" oW gk[ Z[iZ[ [ij[ ) Z[ [d[he" bWi 1 ).ĹŠ1 3(ă! ". |h[Wi WZc_d_ijhWj_lWi Z[ bW ]e# ;d hk[ZW Z[ fh[diW" Wo[h W bWi X[hdWY_ÂŒd Z[ Jkd]khW^kW" bW '&0&& [d [b WkZ_jeh_e Z[ bW =e# i[Yh[jWh‡W [`[Ykj_lW" WhY^_le" h[# X[hdWY_ÂŒd" i[ _d\ehcÂŒ gk[" @kWd Y[fY_ÂŒd Z[ ZeYkc[djei" `[\Wjk# <hWdY_iYe CehW" Z[iZ[ bW Fh[i_# hW feb‡j_YW" [djh[ ejhei" oW [ij|d Z[dY_W Z[ bW H[f‘Xb_YW ^W h[Y_X_# [d \kdY_edWc_[dje [d [b [Z_Ă’Y_e Ze bW ehZ[d Z[ Yedj_dkWh [d iki h[ijWkhWZe$ bWXeh[i" Z[ jWb \ehcW gk[ i[]k_h| :[iZ[ [d[he" [ij| fbWd_Ă’YW# jhWXW`WdZe [d bei fheo[Yjei [ijW# ZW bW Ă’hcW Z[ Yedl[d_ei Yed bWi Xb[Y_Zei o i[ jhWjWh| Z[ c[`ehWh _dij_jkY_ed[i gk[ eYkfWh|d [b [d Wb]kdei Wif[Yjei$ _dck[Xb[" o i[ fh[lƒ gk[ ^WijW ÆDk[ijhe YecfW‹[he ^W i_Ze `kd_e" Z_Y^e [ifWY_e i[ ^WX_b_j[ Yedi_Z[hWZe kde Z[ bei c[`eh[i Yecfb[jWc[dj[$ ]eX[hdWZeh[i W d_l[b dWY_edWb" BWi Z[f[dZ[dY_Wi gk[ eYkfW# dei [deh]kbb[Y[ gk[ i[W Z[ [ijW h|d bWi Z_ij_djWi eĂ’Y_dWi Z[ [ij[ fhel_dY_W o [b Yecfhec_ie Yed [Z_Ă’Y_e ied0 L_Y[fh[i_Z[dY_W Z[ bei jkd]khW^k[di[i i_]k[ l_][d# bW H[f‘Xb_YW1 I[Yh[jWh‡W Z[ bei j[Ç WĂ’hcÂŒ 8[jjo 9Whh_bbe" WiWc# Fk[Xbei1 I[Yh[jWh‡W Z[ JhWdifW# Xb[‡ijW$
ēŊ #2#ĹŠ ĹŠ04#ĹŠ#23#ĹŠ 31(,.-(.ĹŠ 4+341 +ĹŠ2#ĹŠ(- 4%41¢Ŋ#+ĹŠÄˆÄ‰ĹŠ"#ĹŠ .5(#, 1#ĔŊ 3." 5~ ĹŠ-.ĹŠ#2ĹŠ43(+(9 ".ĹŠ!.,/+#3 ,#-3#Ä“
# ŋ*/ ŋ! ( ,ŋ' ()-ŋ ŋßĀÞŋ š& , ēŊ .2Ŋ-( .2Ŋ#2345(#1.-Ŋ$#+(Ĺ !#2Ŋ"#Ŋ1#!( (1Ŋ24Ŋ'.,#- )#ē
)&# ,# Ĺ‹ * , Ĺ‹&)-Ĺ‹(#˜)-
/& d_‹ei Z[ lWh_Wi Yeckd_# ZWZ[i Z[ bW fWhhegk_W FWiW" h[Y_X_[hed kd ^ec[dW`[ dWl_# Z[‹e feh fWhj[ [b beYWb Z[ Ye# c_ZWi h|f_ZWi @_cco >kX[h" kX_YWZe [d <_YeW$ Bei d_‹ei \k[hed jhWibW# ZWZei Yed YebWXehWY_Œd Z[ bW Feb_Y‡W DWY_edWb" fWhW gk[ fWhj_Y_fWhWd Z[ kd fhe]hWcW [if[Y_Wb feh dWl_ZWZ" ZedZ[ i[ b[i [djh[]Œ" W ik ]kije" [b Wb_c[dje gk[ fh[\[h‡Wd$ H_YWhZe FWh[Z[i" ][ijeh Z[b ^ec[dW`[ o fWhj[ Z[ @_# cco >kX[h" Z_`e i[dj_hi[ \[# b_p Z[ feZ[h l[h bWi iedh_iWi i_dY[hWi Z[ [ijei _d\Wdj[i [d bei \[ij[`ei Z[ DWl_ZWZ$
C[Z_Wdj[ Z[Yh[je (*/ Z[b C_d_i# j[h_e Z[ H[bWY_ed[i BWXehWb[i" [b iWbWh_e X|i_Ye kd_Ă’YWZe fWhW [ij[ W‹e i[ Wkc[djW (* ZÂŒbWh[i" h[YehZ[cei gk[ [b W‹e Wdj[h_eh [ijkle Ă’`WZe [d (*& ZÂŒbWh[i$ 7b YkWb feZh|d WYY[Z[h bei jhWXW`WZeh[i [d ][d[hWb" [i Z[Y_h" Z[ bW f[gk[‹W _dZkijh_W" [b i[Yjeh W]h‡YebW" Z[ cWgk_bW" Zecƒij_Ye" Whj[iWdei o YebWXehWZeh[i Z[ bW c_Yhe[cfh[iW$ I[]‘d H_YWhZe LWgk[he" Z_# h[Yjeh fhel_dY_Wb Z[b C_d_ij[h_e Z[ H[bWY_ed[i BWXehWb[i" [ij[ _d# Yh[c[dje ^W i_Ze Z[X_ZWc[dj[ WdWb_pWZe" fWhW gk[ de f[h`kZ_# gk[ Wb i[Yjeh [cfh[iWh_Wb o gk[ X[d[Ă’Y_[ W bei jhWXW`WZeh[i$ ÆDe ^Wo bW _dj[dY_ÂŒd Z[ f[h# `kZ_YWh W dWZ_[" [ije ^W i_Ze Z[# X_ZWc[dj[ ĂˆYedi[dikWZeÉ Yed [b c_d_ijhe H_Y^WhZ ;if_depW =kp# c|d o Yed [b Wi[iehWc_[dje h[i# f[Yj_leÇ Yec[djÂŒ LWgk[he$ %(+(9 1ĹŠ+.2ĹŠ31;,(3#2
BWi eĂ’Y_dWi Z[ bW Z_h[YY_ÂŒd fhe# l_dY_Wb Z[b C_d_ij[h_e Z[ H[bW# Y_ed[i BWXehWb[i" Z[iZ[ [b ' Z[
ēŊĥ #ĹŠ' 1;-ĹŠ+ 2ĹŠ(-2/#!!(.-#2ĹŠ-#!#2 1( 2ĹŠ ĹŠÄƒ-ĹŠ"#ĹŠ' !#1ĹŠ!4,/+(1ĹŠ+ ĹŠ +#8ĢŊ"().ĹŠ (! 1".ĹŠ 04#1.ĔŊ"(1#!3.1ĹŠ"#+ĹŠ (-(23#1(.ĹŠ"#ĹŠ #+ !(.-#2ĹŠ .1 +#2ĹŠ"#ĹŠ 4-%41 '4 Ä“
ĹŠ ĹŠ ĹŠ
ĹĄĹŠ #2"#ĹŠ#-#1.ĹŠĹŠ(-!1#,#-3 -ĹŠĹŠÄ‰ÄŒĹŠ"¢+ 1#2ĹŠ +ĹŠ2 + 1(.ĹŠ ;2(!.ĔŊ+.2ĹŠ#,/1#2 1(.2ĹŠ"# #1;-ĹŠ !4,/+(1ĹŠ+ 2ĹŠ+#8#2ĹŠ2(ĹŠ-.ĹŠ"#2# -ĹŠ2#1ĹŠ2 -!(.Äą - ".2Ä“ ĹĄĹŠ 2ĹŠ#,/1#2 2ĹŠ".-"#ĹŠ242ĹŠ31 ) ".1#2ĹŠ /#1!( -ĹŠ,;2ĹŠ"#+ĹŠ2 + 1(.ĹŠ,~-(,.ĔŊ"# #1;-ĹŠ . 2#15 1ĹŠ+ ĹŠ3 + ĹŠ"#ĹŠ/ %.2ĹŠ"#ĹŠ+.2ĹŠ"($#1#-Äą 3#2ĹŠ2#!3.1#2ĹŠ+ .1 +#2Ä“
[d[he Z[ (&''" [ij|d jhWXW`WdZe XW`e [b I_ij[cW Z[ 9edjheb Z[ ?dif[YY_ed[i I_YeZ_di " c[# Z_Wdj[ [b YkWb" bei jh|c_j[i Yece Z[iW^kY_ei bWXehWb[i" l_ijei Xk[# dei" Z[dkdY_Wi o b_gk_ZWY_ed[i" feZh|d WZgk_h_h kd d‘c[he Z[ YWie" fWhW gk[ c[Z_Wdj[ bW f|]_# dW mmm$chb$]eX$[Y" fk[ZW h[l_# iWhi[ bW [`[YkY_ÂŒd Z[b jh|c_j[ i_d d[Y[i_ZWZ Z[ Wi_ij_h W bWi eĂ’Y_dWi Yedj_dkWc[dj[$
&Ĺ‹ )-Ĺ‹ &Ĺ‹ v Ĺ‹&/( ;i [l_Z[dj[ bW h[WYj_lWY_ÂŒd Z[b Yec[hY_e feh [b h[]h[ie W YbWi[i [ij[ bkd[i" bei beYWb[i Yec[hY_Wb[i i[ l_[hed WXWhhe# jWZei Z[ fWZh[i Z[ \Wc_b_W o [ijkZ_Wdj[i gk[ gk[h‡Wd WZ# gk_h_h YkWbgk_[h fheZkYje$ ;b YWei c|i \k[hj[ \k[ [b Z[b jhWdifehj[ khXWde" oW gk[ ^Wo ]hWd Z_\[h[dY_W [djh[ bei Z‡Wi [d gk[ [b i[Yjeh [ijkZ_Wdj_b [i# jkle Z[ lWYWY_ed[i" W YkWdZe oW i[ [dYk[djhW [d WYj_l_ZWZ$ 7b c[Z_e Z‡W Z[ Wo[h" Z[ bW fWhWZW Z[b fWhgk[ '( Z[ De# l_[cXh[" bei Xki[i iWb‡Wd Yed de c[dei Z[ +& f[hiedWi YWZW kde" bWi kd_ZWZ[i [ijWXWd bb[# dWi Z[ eĂ’Y_d_ijWi o [ijkZ_Wd# j[i Z[ fh_cWh_W o i[YkdZWh_W gk[ i[ Z_h_]‡Wd Wb Wbck[hpe [d iki YWiWi$ ÆDe [i hWhe gk[ bei Xki[i l_W`[d Wi‡ o gk[ j[d# ]Wd W jWdjW ][dj[ fWhWZW" oW [d \[Xh[he _dYh[c[djWh|d bei fWiW`[i f[he i[]khWc[dj[ de YWcX_Wh| bW i_jkWY_ÂŒdÇ WĂ’hcÂŒ 9Whc[d ;ijhWZW" kikWh_W$
ĂťĂźÄƒĹ‹'#&Ĺ‹ š& , , / )-Ĺ‹ (Ĺ‹ &Ĺ‹*,#' ,Ĺ‹ v "4+3.2ĹŠ, 8.1#2ĹŠ 2#ĹŠ04#) 1.-ĹŠ"#ĹŠ+ ĹŠ 3#-!(¢-ĹŠ8ĹŠ/("#-ĹŠ !.-2("#1 !(¢-ĹŠ ĹŠ + 2ĹŠ 43.1(" "#2Ä“
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ĹŠ ĹŠ
ĹŠ
%.2ĹŠ/1#"( +#2 #-3 -(++ 2ĹŠ#2/#!( +#2
ĹŠ
Äą #1! ".ĹŠ ."#+.
-ĹŠ+ ĹŠ2#%4-" ĹŠ 04(-!#- ĹŠ"#ĹŠ #-#1.ĹŠ#+ĹŠ"#2Äą !4#-3.ĹŠ2#1;ĹŠ"#+ĹŠ Ä’Ĺ˜Ä“ĹŠ 23 ĹŠ)4-(.ĹŠ #+ĹŠ!. 1.ĹŠ2#1;ĹŠ -#3.ĔŊ2(-ĹŠ"#2Äą !4#-3.2ĹŠ-(ĹŠ1#! 1Äą %.2Ä“
Äą 7ĹŠ .,(2 1~ 2ĹŠ 4-(!(/ +#2 Äą "(ă!(.ĹŠ #-31 +ĹŠ"#+ĹŠ 4-(!(/(.ĹŠ"#ĹŠ , 3. Äą #-3 -(++ 2ĹŠ"#+ĹŠ -!.ĹŠ"#+ĹŠ !~ă!.Ä“
D_ [b \h‡e" d_ bW [if[hW _cfehjÂŒ W Z[Y[dWi Z[ Y_kZWZWdei fWhW gk[ i[ WY[hgk[d Z[iZ[ bWi fh_c[hWi ^ehWi Z[ bW cW‹WdW Z[ Wo[h" Wb |h[W Z[ J[ieh[h‡W Z[b Ckd_Y_f_e Z[ 7cXWje W YWdY[bWh iki _c# fk[ijei fh[Z_Wb[i" Ykoei lWbeh[i i[ cWdj_[d[d Z[iZ[ [b W‹e fWiW# Ze$ BW h[YWkZWY_ÂŒd Z[b fh_c[h Z‡W Y[hhÂŒ [d '(/ c_b ,&. ZÂŒbWh[i" ZedZ[ ) c_b .-, j‡jkbei fh[Z_Wb[i \k[hed YeXhWZei$ #2!4#-3.2ĹŠ
Gk_[d[i fW]Whed iki eXb_]WY_e# d[i jkl_[hed kd Z[iYk[dje Z[b '& " [b YkWb i[ cWdj[dZh| ^WijW bW fh_c[hW gk_dY[dW Z[ [d[he Z[ (&''$ ?iWX[b 9Wijhe" j[ieh[hW Ckd_# Y_fWb" i[‹WbŒ gk[ [b i[hl_Y_e gk[ [djh[]W bW [dj_ZWZ [i _dc[Z_Wje" oW gk[ Z[iZ[ bWi fh_c[hWi ^ehWi [d gk[ bei Y_kZWZWdei h[ifediW# Xb[i i[ Z_[hed Y_jW W YWdY[bWh iki _cfk[ijei" f[hiedWb WZc_d_ijhW#
j_le h[Yehh‡W bW ÒbW Z[ kikWh_ei" fWhW ZWhb[i W YedeY[h [b cedje
ēŊ #2"#ĹŠ+ 2ĹŠ/1(,#1 2ĹŠ'.1 2ĹŠ"#ĹŠ+ ĹŠ,  - ĹŠ"#ĹŠ 8#1ĹŠ#,/#9 1.-ĹŠ+.2ĹŠ gk[ Z[X[d YWdY[bWh$ !. 1.2ĹŠ/1#"( +#2Ä“ Æ;ijkl_cei Yed kdW bWfjef jhWXW`WdZe Z[iZ[ bW cW‹WdW cehW" i[h‡W Xk[de gk[ bWi Wkje# fWhW _d\ehcWh W bei kikWh_ei h_ZWZ[i ^WX_b_j[d ejhW l[djWd_bbW$ Yk|dje b[i jeYW YWdY[bWh" W Ă’d Z[ Gk[h[cei fW]Wh be c|i fhedje gk[ [d [b cec[dje [d fei_Xb[ o feh [bbe Z[X[# .1ĹŠ.31.ĹŠ+ ".ĔŊ"41 -3#ĹŠ#+ĹŠ  .ĹŠÄ‰Ä‡ÄˆÄ‡Ä”ĹŠ+ ĹŠ gk[ bb[]k[d W bW l[djW# h‡Wd i[h Yedi_Z[hWZeiÇ" 4-(!(/ +(" "ĹŠ"#ĹŠ , 3.ĹŠ1#! 4"¢Ŋ _dZ_YÂŒ 9Whbei 9[f[ZW" ÄˆÄ‰ĹŠ,(++.-#2ŊĒćĊŊ,(+ĹŠÄ?ÄŠÄ?ĹŠ"¢+ 1#2ĔŊ! -Äą d_bbW" de b[i \Wbj[ [b Z_# Z[ .& W‹ei" `kX_bWZe$ 3(" "ĹŠ04#ĹŠ24/#1¢Ŋ +ĹŠ  .ŊĉććĒĔŊ04#ĹŠ2#ĹŠ d[heÇ" Yec[djÂŒ$ 7b h[if[Yje" 9Wijhe 1#! 4"Â˘ĹŠÄˆÄ‰ĹŠ,(++.-#2ĹŠÄŠÄŠÄŠĹŠ,(+ĹŠ"¢+ 1#2ēŊ 7b cec[dje" [n_i# i[‹WbÂŒ gk[ be gk[ i[ 1 ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄˆĹŠ2#ĹŠ#2/#1 ĹŠ24/#1 1ĹŠ#23 ĹŠ j[d YkWjhe l[djWd_bbWi XkiYW [i [djh[]Wh kdW !($1 ĹŠ04#ĹŠ2#1;ĹŠ"#ĹŠ,4!' ĹŠ43(+(" "ĹŠ/ 1 ĹŠ gk[ Wj_[dZ[d W jeZei 8ĹŠ#-ĹŠ#+ĹŠ;1# ĹŠ41 - ĹŠ"#ĹŠ Wj[dY_ÂŒd Z[ YWb_ZWZ o + ĹŠ#)#!4!(¢-ĹŠ"#ĹŠ. 1 2ĹŠ04#ĹŠ2.-ĹŠ"#ĹŠ5(3 +ĹŠ bei kikWh_ei" c_[djhWi , 3.Ä“ feh [bbe i[ YeehZ_dWh| (,/.13 -!( Ä“ gk[ kdW l[djWd_bbW [n# Yed [b |h[W Z[ ?d\ehc|# Ybki_lW Wj_[dZ[ W bWi f[hiedWi Z[ bW j[hY[hW j_YW fWhW _cfb[c[djWh [ZWZ" gk_[d[i i[ gk[# ejhW l[djWd_bbW fWhW de Z[X[d cWZhk]Wh jWdje$ 7(23#-ĹŠ#-ĹŠ#+ĹŠ;1# ĹŠ141 +ĹŠ"#ĹŠ Wj[dZ[h W bei WZkbjei `WXWd [if[Y_Wbc[dj[ ÆBei Z[iYk[djei i[ Wfb_YWd + ĹŠ!(4" "Ä“ cWoeh[i$ [d bWi fh_c[hWi ^ehWi" jeZei bei Z‡Wi ^WijW bW \[Y^W i[# Feh ejhe bWZe" bW \kd# ‹WbWZW" o de ^Wo d[Y[i_ZWZ Z[ oW gk[ bW Wj[dY_ÂŒd Wgk‡ \k[ b[djW$ Y_edWh_W _dZ_YÂŒ gk[ [b Z[iYk[dje gk[ bei Yedjh_Xko[dj[i i[ Z[i[i# Æ;ijWcei Z[iZ[ bWi &-0&& o Z[b '& i[ cWdj[dZh| ^WijW [b '+ f[h[d" oW gk[ bW Wj[dY_ÂŒd [i deh# dk[ijhW Ă’bW [i bW gk[ c|i i[ Z[# Z[ [d[he o feh [bbe" bei kikWh_ei cWb ^WijW bWi ',0&&Ç" WYbWhÂŒ$
#! 4" !(¢-ĹŠ "#ĹŠÄ‰Ä‡ÄˆÄ‡
Ä?ĈēČČÄ?ĹŠ ĎĒēĒĈÄ?
ĂžÄ Ĺ‹#(-* .), -Ĺ‹- * , )-Ĺ‹ &Ĺ‹ #' ,. :[ bei .) _dif[Yjeh[i gk[ bWXehWhed ZkhWdj[ [b (&'&" Z[djhe Z[b I_ij[cW Ckd_Y_fWb Z[ ;ijWY_edWc_[dje HejWj_# le JWh_\WZe I_c[hj " Wf[dWi ), \k[hed h[delWZei Yed iki YedjhWjei$ Feh jWb cej_le" bW cW‹WdW
Z[ Wo[h @eiƒ @|Yec[" Z_h[Yjeh Z[ H[Ykhiei >kcWdei Ckd_# Y_fWb[i" Z_Wbe]Œ Yed gk_[d[i \k[hed [nYbk_Zei Z[b i_ij[cW" bei gk[ [nfki_[hed ik _dYed# \ehc_ZWZ o iki d[Y[i_ZWZ[i Z[ i[]k_h Yed ik jhWXW`e$ ;ZkWhZe H_e\h‡e" Z[ *-
W‹ei" h[fh[i[djWdj[ Z[ bei jhWXW`WZeh[i" _dZ_YŒ gk[ de [i fei_Xb[ gk[ bW WZc_d_ijhW# Y_Œd Z[b i_ij[cW cWdZ[ W bW cWoeh‡W Z[ _dif[Yjeh[i" gk_[# d[i j_[d[d \Wc_b_Wi gk[ cWd# j[d[h$ 7Z[c|i" i[ _dZ_YŒ gk[
gk_[d[i i[ gk[ZWhed W^ehW Z[djhe Z[b i_ij[cW" h[Y_X_h|d kd ik[bZe X|i_Ye$ @|Yec[ [iYkY^Œ W bei W\[YjWZei" gk_[d[i [d bei fhŒn_cei Z‡Wi h[Y_X_h|d ik f[hied[h‡W `kh‡Z_YW Yece 7ie# Y_WY_Œd$ >WijW [b cec[dje i[ Z[iYedeY[h [b \kjkhe Z[ bei *- _dif[Yjeh[i gk[ i[ gk[ZWhed i_d [b jhWXW`e Z[iZ[ Wo[h$
Ä Â˘,.ĹŠ' ĹŠ2(".ĹŠ+ ĹŠ 3#-!(¢-ĹŠ ĹŠ+.2ĹŠ 424 1(.2ĹŠ/.1ĹŠ/ 13#ĹŠ"#ĹŠ+ ĹŠ 4-(!( / +(" "ĹŠ"#ĹŠ , 3.ĹŠ#-ĹŠ#+ĹŠ/1(,#1ĹŠ "~ ĹŠ"#ĹŠ1#! 4" !(¢-Ä&#x;Ä“
23 Ŋ #+Ŋ,.Ĺ ,#-3.ĔŊ '#,.2Ŋ5(23.Ŋ 04#Ŋ#+Ŋ/ %.Ŋ "#+Ŋ(,/4#23.Ŋ #2Ŋ#+Ŋ,(2,.ĔŊ /#1.Ŋ3.! Ŋ5#1Ŋ2(Ŋ #2Ŋ!(#13.Ŋ.Ŋ-.ĔŊ /.104#Ŋ#-Ŋ,(Ŋ 11(.Ŋ-.Ŋ' 8Ŋ . 1 2Ŋ-4#5 2Ģē
ĹŠ : ĔŊ ĹŠÄŽÄ?ĹŠ Â&#x; Ä”
#-2 ĹŠ 04#ĹŠ' ~ ĹŠ ,;2ĹŠ%#3#ĔŊ/#1.ĹŠ-.ĹŠ$4#ĹŠ 2~ēŊ +ĹŠ/#"(".ĹŠ 04#ĹŠ' %.ĹŠ +ĹŠ 4-(!(/(.ĹŠ#2ĹŠ 04#ĹŠ!.-!+48 ĹŠ + 2ĹŠ. 1 2ĹŠ04#ĹŠ (-(!( ĹŠ8ĹŠ-.ĹŠ"#)#ĹŠ(-!.-!+4Äą 2 2Ģē ĹŠ ĔŊ ĹŠÄŒÄŒĹŠ Â&#x; ĔŊ Ä“
8ĹŠ4- ĹŠ 2.+ ĹŠ 5#-3 -(++ ĹŠ 2.+.ĹŠ/ 1 ĹŠ+ 2ĹŠ /#12.- 2ĹŠ"#ĹŠ+ ĹŠ 3#1!#1 ĹŠ#" "ĔŊ 8 ĹŠ#2ĹŠ'.1 ĹŠ"#ĹŠ 04#ĹŠ-.2ĹŠ!.-Äą 2("#1#-ĹŠ8ĹŠ-.2ĹŠ 31 3#-ĹŠ (#-Ģē ĹŠ ĔŊ ŊđćŊ Â&#x; Ä”
Ä“
ĹŠ ĹŠ ĹŠ ĹŠ ^ ĹŠ ĹŠ 149ĹŠ .) ĹŠĹŠ
~-# ĹŠ%1 34(3 ĹŠ/ 1 ĹŠ#,#1%#-!( 2ĹŠÄˆÄŠÄˆĹŠ 2.+.ĹŠ!.-5#-!(.- +ĹŠ8ĹŠ .5(23 1ēŊ ĉČĉÄ?ÄŠÄŽÄ’ĹŠĹŠ (-3 2ĹŠ"#ĹŠ2 -%1#Ä“ .2/(3 +ĹŠ (++#--(4,ĹŠ ĉČĈÄ?ćÄ?ćŊ#73Ä“ĹŠÄˆÄ?ć .2/(3 +ĹŠ"#+ĹŠ ĹŠ Ä‰ÄŒÄ‰ÄˆÄŠÄ‘ÄˆĹŠ .2/(3 +ĹŠ #%(.- +ĹŠ ĉČĉĉČÄ?đŊ .2/(3 +ĹŠ 4-(!(/ +ĹŠ ĉđČĒćČÄ?ĹŠÄąĹŠÄ‰ÄŒÄˆÄŽÄ?Ä?ÄŠĹŠ ., #1.2ĹŠĹŠ Ä‰Ä‘Ä‰Ä‡Ä‰Ä‡Ä‡ĹŠÄąĹŠÄˆÄ‡Ä‰ ., #1.2ĹŠ .,/  ~ ĹŠ 4-%41 '4 ĹŠ ĉđĉĉĉĉĉ ., #1.2ĹŠ .,/  ~ ĹŠ 4 !'(ĹŠ
ĉđČĎĉÄ?Ä‘
ĹŠĹŠ Ă‹ #/ 1 !(.-#2ĹŠ ĹŠ ĉĒĒđÄ?ććŊ#73Ä“ĹŠÄˆÄŠÄ?ĹŠ #/ 1 !(.-#2ĹŠ ĹŠ ĉĒĒÄ?Ä?ććŊ#73Ä“ĹŠÄˆÄ‡Ä‰ĹŠÄąĹŠÄ‡ÄˆÄ‘ #/ 1 !(.-#2ĹŠ #+#$.-~ ĹŠ ÄˆÄ‡Ä‡ĹŠ./!(¢-ĹŠÄŠ #/ 1 !(.-#2ĹŠ"#ĹŠ -3#1-#3Ŋĸ ĚŊ ÄˆÄ‡Ä‡ĹŠ./!(¢-Ŋĉ ĹŠ ., -".ĹŠ .+(!( +ĹŠ ĉđČÄ?Čćć
#$ 341 ĹŠ"#ĹŠ 1;-2(3.ĹŠĹŠ ĉđČććĉČ 1#5#-!(¢-ĹŠ"#ĹŠ .+(!~ ĹŠ ĉđČĊÄ?ÄŽÄ? .+(!~ ĹŠ 4"(!( +ĹŠÄ‰Ä‘ÄŒÄ‘ÄŒÄ?ĉŊ
Ć
" ! ; & # ! %" ! !# # $ '--* !# 0
7 " & '- -')0 )* +*-')*2=' !6**4 ,33 ),>(,0 0/*7 2'. 2,.*2 1,30 '-40 ! :! " ! :! " ! 9 " ! < " "! " ! " ! ! ! %" ! # < ! ! 0('- )*- '--* !5(2*
7 '24=/*8 2,.*2 1,30 '-40 "*-
! ! "
# "
9?D;C7HA
§ ć
Ŋ+( #13 "Ŋ #2Ŋ4-.Ŋ"#Ŋ+.2Ŋ ,;2Ŋ/1#!(.Ĺ 2.2Ŋ".-#2Ŋ04#Ŋ Ŋ +.2Ŋ'., 1#2Ŋ"(#Ĺ 1.-Ŋ+.2Ŋ!(#+.2ėŊ!.-Ŋ #++ Ŋ-.Ŋ/4#"#-Ŋ (%4 + 12#Ŋ+.2Ŋ3#2.Ĺ 1.2Ŋ"#Ŋ+ Ŋ3(#11 Ģē
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
+Ŋ'., 1#Ŋ "_ (+Ŋ3#,#Ŋ Ŋ+ Ŋ,4#13#ĔŊ #+Ŋ"#2%1 !( ".Ŋ+ Ŋ ++ , ĔŊ#+Ŋ5 +#-3¢-Ŋ + Ŋ/1.5.! Ŋ8Ŋ#+Ŋ '., 1#Ŋ2#-2 3.Ŋ+ Ŋ #2/#1 ĢēŊŊ Ŋ ŊŊ
ĹŠ ĹŠ ĹŠ ĹŠ
!+ 1 !(¢-
;d BW >ehW" [d bW [Z_Y_ÂŒd Z[b '. Z[ Z_Y_[cXh[ fWiWZe" [d bW f|]_dW 8#)" WfWh[Y[ kdW dejW f[h_eZ‡ij_YW Yed [b j‡jkbe IkfbWdjWY_ÂŒd o [ijW\W gk[ Z_Y[0 ÆBekhZ[i J_X|d Z[dkd# Y_ÂŒ WYjei Z[ YehhkfY_ÂŒd [d [b i[Yjeh f‘Xb_Ye feh bW l[djW Z[ fheif[Yjei fWhW WYY[Z[h W fk[ijei [d bW Feb_Y‡W DWY_e# dWb" 9edjhWbeh‡W" 7iWcXb[W DWY_edWb" [djh[ ejheiÇ$$$7b h[if[Yje Z[Xe WYbWhWh gk[ fWhW bW i[b[YY_ÂŒd Z[ dk[le f[hiedWb Z[ bW 9edjhWbeh‡W =[d[hWb Z[b ;ijWZe i[ eh]Wd_# pÂŒ kd 9edYkhie Z[ Cƒh_jei o efei_Y_ÂŒd" [b YkWb [i h[Wb_pWZe Z[ \ehcW |]_b" efehjkdW o jhWdifWh[dj[" fWhW YkXh_h ).- lWYWdj[i$ ;b 9edYkhie i[ _d_Y_ÂŒ Yed kdW YedleYWjeh_W fkXb_YWZW [d bei c[Z_ei Z[ Yeckd_YWY_ÂŒd$ (($)'( Wif_hWd# j[i i[ _diYh_X_[hed W jhWlƒi Z[ bW f|]_dW m[X _dij_jkY_edWb1 bW [dj_ZWZ fh[i[b[YY_edÂŒ W /$.-& YedYkhiWdj[i gk[ Ykcfb‡Wd Yed bei h[gk[h_c_[djei o [bbei" Wb cec[dje" [ij|d h_dZ_[dZe bei h[if[Yj_lei [n|c[d[i W d_l[b dWY_edWb$ BW _dij_jkY_ÂŒd de [djh[]ÂŒ d_d]kdW YbWi[ Z[ fheif[Yjei o jeZei bei jh|c_j[i i[ h[Wb_pWhed feh bei c[Z_ei Z[ Yeckd_YWY_ÂŒd j[YdebÂŒ]_YW$ FWhW bW _Zed[_ZWZ Z[b fheY[ie" WZ[c|i" i[ Yed# Ă’hcÂŒ kd Jh_XkdWb Z[ 7f[bW# Y_ed[i Wb gk[ ckY^ei Z[ bei Wif_hWdj[i WYkZ_[hed YkWdZe ^kXe _diWj_i\WYY_ÂŒd Yed bei h[ikbjWZei eXj[d_Zei$ .+ -" ĹŠ .11#2ĹŠ 1ĂŒ2 2#2.1 ĹŠ"#ĹŠ .,4-(! !(¢-
Ä 4_ĹŠ/ 2 Ä&#x;
7 gk_[d[i WcWcei W Gk_je dei Zk[b[ l[h be gk[ ikY[Z[$ ÂľGkƒ fWiW Yed bWi l‡Wi5 ÂľGkƒ fWiW Yed [b cWdj[d_c_[dje Z[ fWhj[hh[i Y[djhWb[i" XehZ_bbei" fWhgk[i5 I[ l[ kdW Y_kZWZ ikY_W" iki YWbb[i feYe b_cf_Wi$ ÂľGkƒ fWiW Yed bei ]hWĂ’j[hei5 Ied fWdZ_bbWi eh]Wd_pWZWi gk[" W `kij_Ă’YWY_ÂŒd Z[ ĂˆWhj[ khXWdeÉ" oW de ^Wo fWh[Z e cedkc[dje gk[ i[ b_Xh[ Z[ ik lWdZWb_ice5 ÂľGkƒ fWiW Yed bei Y^e\[h[i" [b jh|Ă’Ye _dYb[# c[dj[" bW _di[]kh_ZWZ5 26 +".ĹŠ 1!_2ĹŠ +5 ".1 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#+_$.-.ĹŠÄ¸Äƒ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
ŋŋ —
;d ik ‘bj_cW WbeYkY_ÂŒd [b fh[i_Z[dj[ 9ehh[W dei Z_`e W bei [YkWjeh_Wdei gk[ bW _cfbWdjW# Y_ÂŒd Z[b ieY_Wb_ice Z[b i_]be NN? [d [b fW‡i feZh‡W ZkhWh ^WijW jh[_djW W‹ei$ BW Y_\hW [i ceZ[ijW" i_ j[d[cei [d Yk[djW bWi h[lebkY_e# d[i c|i dejWXb[i Z[ bW >_ijeh_W o [b [nf[Z_[d# j[ Z[ bei ieY_Wb_icei [nf[h_c[djWZei ZkhWdj[ [b fWiWZe i_]be$ Feh [`[cfbe" bWi h[lebkY_ed[i c[n_YWdW o hkiW [nj[dZ_[hed ik _d\bk[dY_W [d iki h[if[Yj_# lei fk[Xbei feh i[j[djW W‹ei$ ;d dk[ijhe fhe# f_e Yedj_d[dj[" bW Z[ 9kXW WYWXW Z[ Ykcfb_h Y_dYk[djW o Zei W‹ei$ D_d]kdW Z[ bWi jh[i jhW`e W gk_[d[i bWi fWZ[Y_[hed o W‘d fWZ[Y[d [b ÆfWhW‡# ie j[hh[dWbÇ gk[ b[i fhec[j_[hed iki b‡Z[h[i" j[ÂŒh_Yei o [`[Ykjeh[i$ Bei ieY_Wb_icei [khef[ei" gk[ i[ Z[hhkcXW# hed W fWhj_h Z[ bW YW‡ZW Z[b Ckhe Z[ 8[hb‡d" [d
^ ĹŠ ĹŠ
-Ĺ‹,# -Ĺ‹ Ĺ‹ ' .) ;b ^ecXh[" [d kdW [hW Z[ bW gk[ de i[ j_[d[ c[ceh_W" fWhW Z[\_d_h bW l_ZW o ik jh|di_je W be _d[bkYjWXb[" fkie decXh[ W bWi [ZWZ[i o Z[\_d_ÂŒ Wb j_[cfe" [iW hWpÂŒd _dWbYWdpWXb[ Z[ cko Z_\‡Y_b Yecfh[di_ÂŒd1 W [i[ _d\_d_je Z[Ykhh_h" be c_Z_ÂŒ" be [ijWd# ZWh_pÂŒ$ ;d [i[ c[Z_h bWi [n_ij[dY_Wi" i[ dei ^W gk[ZWZe [d bW c[ceh_W bW WhYW_YW cWd[hW Z[ Z[\_d_h [b YWb[d# ZWh_e WdkWb Z[ WYedj[Y_c_[djei feh ƒfeYWi" Wdj[i gk[ feh \[Y^Wi fh[# Y_iWi" bWi gk[ [d ckY^ei YWiei" W \k[hpW Z[ bW YeijkcXh[" jheYWXW ik
'/./" Z[`Whed Yece iWbZe kdW [\_Y_[dj[ h[fWh# j_Y_Œd Z[ bW feXh[pW o bW [djhed_pWY_Œd Z[ kdW XkheYhWY_W fWhj_Z_ijW gk[ eYkfŒ [b bk]Wh o bei fh_l_b[]_ei Z[ bWi Xkh]k[i‡Wi gk[ Z_`[hed Z[hhe# jWh$ ;b iWbZe Z[ Wi[i_dWjei cWi_lei" h[fh[i_Œd" Y|hY[b[i o YWcfei Z[ jhWXW`ei \ehpWZei W‘d be YWbYkbWd [ _dl[ij_]Wd bei ^_ijeh_WZeh[i$ ;b i[Yh[jWh_e f[hiedWb Z[b Fh[i_Z[dj[ Z_`e W kd c[Z_e Z[ Yeckd_YWY_Œd gk[ [b ^[Y^e Z[ gk[ [b CWdZWjWh_e j[d]W kd YWh|Yj[h \k[hj[ [i d[Y[# iWh_e fehgk[ [b fW‡i d[Y[i_jW YWcX_ei h|f_Zei o fhe\kdZei$ I_d ZkZWi iWX[ Z[ be gk[ ^WXbW" Wkdgk[ _]dehW gk[ YWi_ jeZei bei gk[ ]eX[hdW# hed iki fW‡i[i feh ckY^e" Z[iZ[ B[d_d ^WijW F_deY^[j" jWcX_ƒd j[d‡Wd kd YWh|Yj[h \k[hj[$ 7i‡ gk[ W fh[fWhWhi[" fehgk[ Z[ Yehh[‡ice o Z[ [i[ [ij_be j[dZh[cei" i[]‘d ik b‡Z[h" jh[_djW W‹ei c|i$
decXh[ feh ejhe gk[ bb[dWXW c|i bWi Wif_hWY_ed[i e bW del[b[h‡W$ ;d dk[ijhW _d\WdY_W WcXWj[‹W feh [`[cfbe" W bW YWjÂŒb_YW ƒfeYW Z[ bei iWdjei _deY[dj[i deiejhei i_cfb[# c[dj[ bW decXh|XWcei bW Ă†ÂƒfeYW Z[ bWi h_\WiÇ" h[YehZWZe o f[hZ_Ze bWfie gk[ i[ [nj[dZ‡W ^WijW [b i[_i Z[ [d[he" jWcX_ƒd Z[ jeZei bei W‹ei o i_ cWb de h[Yk[hZe Yec[dpWXW _dYbkie Wdj[i gk[ bW dWl_ZWZ$ ÆBWi h_\WiÇ Yece decXh|XW# cei ][dƒh_YWc[dj[ W [iW \[h_W gk[ WdkWbc[dj[ i[ _dijWbWXW [d h[Z[Zeh Z[b fWhgk[ CedjWble" [d bWi YWbb[i IkYh[ o CedjWble" [hWd bW [Ybei_ÂŒd Yebeh_ZW Z[ bW fWhhegk_W" gk[ |l_ZW i[ bWdpWXW W bWi YWbb[i fWhW fheXWh ik[hj[ [d bWi hkb[jWi1 [b WYecfWiW# Ze ]hWpdWh Z[ bW fbkcW [d [b c[jWb Z[b YbWle gk[ i[fWhW bei d‘c[hei Z[ bW hk[ZW gk[ ]_hW" W‘d h[ik[dW c[beZ_eie [d bW deijWb]_W Z[ bei Z_Y_[cXh[i Z[ bW _d\WdY_W$ 9ece jWcX_ƒd fkbkbWd [d bei h[Yel[Yei
Z[ bW c[ceh_W bei [ijh_X_bbei h_cW# Zei [d YediedWdj[ Z[b ÆYhkf_[hÇ gk[ cWd[`WXW bei jh[i ZWZei Yed jh[i Z_WXbei ÆYWY^kZeiÇ b[i Z[Y‡W Yed gk[ [ijW\WXW bW _d][dk_ZWZ Z[b d_‹e o i[ ^WY‡W Z[ bW Æf[i[jWÇ gk[ bb[l|XWcei W bW \[h_W Yed bW [if[# hWdpW Z[ ckbj_fb_YWhbW fWhW Yec# fhWhdei kdW cedYW_XW$ BWi deY^[i [i [iWi YWbb[i [hWd c|]_YWi Yed bW [ij[djÂŒh[W lep Z[b i[‹eh 8Wpkhje gk[" Wi_Ze Z[ kd c_YhÂŒ\ede [dlk[bje [d kd fW‹k[# be o Yeb]WZe Z[b XWbYÂŒd Z[ bW YWiW Z[b ZeYjeh @WhWc_bbe" YWdjWXW bei d‘c[hei Z[ bW ikY[i_ÂŒd Z[ iehj[ei Z[ i_cfb[i fheZkYjei Z[ ^_[hhe [dbepWZe" f[he gk[ bb[dWXWd bWi _bki_ed[i$ De iƒ [d gk[ W‹e o feh ik[hj[ Z[ gk[ ÆcehWb_ijWÇ Z_ifei_# Y_ÂŒd" [ijW YeijkcXh[ jWd WcXWj[‹W i[ [nj_d]k_ÂŒ fWhW i_[cfh[ o fWiÂŒ W cehWh jWd iebe [d bei h[Yk[hZei o [d ik _d\WbjWXb[ YWh]W Z[ deijWb# ]_W$
ēŊ : Ŋ
)&)!v Ĺ‹ *)&v.# 7b _d_Y_e Z[ [ij[ dk[le W‹e (&''" dei Yedl[hj_cei [d j[ij_]ei Z[ bWi ef_d_ed[i o Yh‡j_YWi _d_cW]_dWXb[i [ _d[if[hWZWi gk[ lWh_ei ]hkfei ieY_Wb[i" WYWZƒc_Yei o feb‡j_Yei ^Wd h[Wb_pWZe W bW Yh_i_i Y_l_b_pWjeh_W" ^WY_ƒdZei[ [\[Yj_lWi o Yed\_hcWd# Ze gk[ bei fheY[iei ieY_Wb[i" h[Wb# c[dj[" ied ckY^e c|i b[djei Z[ be gk[ i[ ikfed‡W1 feh be gk[" [djhW# cei W kd Æ\_d Z[ ƒfeYWÇ _dZkijh_Wb" j[YdeYh|j_YW o YWf_jWb_ijW" jWdje feh bW Yh_i_i [YebÂŒ]_YW fheZkYje Z[b YWb[djWc_[dje ]beXWb Yece feh [b \_d Z[ bW [hW Z[b f[jhÂŒb[e" bW Yh_i_i \_dWdY_[hW o [YedÂŒc_YW" fheleYWZW Yece i[ WdkdY_ÂŒ feh bWi Yehh_[dj[i Z[ ef_d_ÂŒd" feh bW lehWY_ZWZ _diW# Y_WXb[ Z[b YWf_jWb$ F[he [ijW Yh_i_i" Z[iZ[ [b fkdje Z[ l_ijW Z[ bW [Yebe# ]‡W feb‡j_YW" j_[d[ jh[i \[dÂŒc[dei0 ' ;b Z[j[h_ehe o Z[iYhƒZ_je Z[ bei fWhj_Zei o cel_c_[djei feb‡j_Yei W d_l[b ckdZ_Wb1 ( ;b Yh[Y_c_[dje Z[ ]hkfei feb‡j_Yei Yehhkfjei [ _d[\_# YWY[i" feh fWhj[ Z[ bei fh_dY_fWb[i [dYbWl[i [YedÂŒc_Yei Z[b ckdZe YehfehWY_ed[i" XWdYei _dj[hdW# Y_edWb[i" [cfh[iWi 1 o" ) BW ckbj_# fb_YWY_ÂŒd [ _d_Y_Wj_lWi Z[ fheo[Yjei o cel_c_[djei Y_kZWZWdei gk[ ikh]_[hed Yece h[ifk[ijW Wb YebWf# ie [YebÂŒ]_Ye#feb‡j_Ye gk[ W d_l[b ckdZ_Wb ikY[Z‡W" c|i W‘d i‡ [ij| [d j[bW Z[ ZkZW bW ikf[hl_l[dY_W Z[ bW [if[Y_[ ^kcWdW$ ;ije ^W ^[Y^e gk[ bWi f[hiedWi i[ eh]Wd_Y[d [d f[gk[‹ei ]hkfei e h[Z[i" WiWc# Xb[Wi XWhh_Wb[i" Yeckd_ZWZ[i" Yee# f[hWj_lWi" ]h[c_ei" [iYk[bWi" [jY$" WbYWdpWdZe kdW \ehcW Z[ feZ[h ieY_Wb [d kd [ifWY_e j[hh_jeh_Wb Yed f[diWc_[djei" _Z[Wi o d[Y[i_ZW# Z[i i_c_bWh[i" ZedZ[ jeZWi o jeZei j_[d[d gk[ _dj[hl[d_h WYj_lWc[dj[ fh_eh_pWdZe bW Z[ceYhWY_W fWhj_Y_# fWj_lW" jWdje WYjeh[i beYWb[i Yece Wgk[bbei gk[ i_d i[hbe i[ [dYk[d# jhWd Z[ Wb]kdW cWd[hW h[bWY_edW# Zei Yed [i[ [ifWY_e jWdje ][e]h|\_Ye Yece ^kcWde$ ;ij[ feZ[h ieY_Wb XkiYW [b [cfeZ[hWc_[dje W d_l[b feb‡j_Ye ;ijWZe Yece [YedÂŒc_Ye c[hYWZe " [d ZedZ[ i[ X[d[\_Y_[ bW \Wc_b_W" bW Yeckd_ZWZ" bW h[]_ÂŒd" [b fW‡i" Z[ifbWpWdZe Wb feZ[h feb‡j_# Ye _cf[hWdj[ o be]hWdZe [b Yedjheb c[Z_Wdj[ bW eh]Wd_pWY_ÂŒd ieY_Wb$
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?ĉÄ?ć
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‹. .,)Ĺ‹'/3Ĺ‹ # (Ĺ‹ (ŋßúÝú +ĹŠ!.+#!3(5.ĹŠ # 31.ĹŠ ./4+ 1ĹŠ"#+ĹŠ !4 ".1ĹŠ 2#%41 ĹŠ04#ĹŠ#+ĹŠ31 Äą ).ĹŠ'#!'.ĹŠ2#ĹŠ !#1Äą !¢Ŋ ĹŠ+ ĹŠ!.,4-(" "Ä“ 8W`e bW Z_h[YY_ÂŒd Z[b cW[ijhe 7djed_e 8WhhW]|d" [b J[Wjhe FefkbWh Z[b ;YkWZeh Ykbc_dÂŒ kd W‹e Z[ _dj[die jhWXW`e [d bWi Whj[i [iYƒd_YWi" [d bW \eh# cWY_ÂŒd Z[ ]hkfei ^kcWdei o bW Z_\ki_ÂŒd Z[b j[Wjhe dWY_edWb$ :khWdj[ [b W‹e (&'&" bW bW# Xeh [cf[pÂŒ Yed [b [ijh[de o Z_\ki_ÂŒd Z[ bW eXhW Ăˆ:[fehjWZW Z[b FWhW‡ieÉ Z[b 9h_ij_Wd 9ehj[p" [d bW gk[ i[ YecX_dWhed bei jW# b[djei `ÂŒl[d[i Z[ bW c‘i_YW o bW ZWdpW Yb|i_YW" eXhW gk[ fWhj_Y_# fÂŒ [d bW '+ [Z_Y_ÂŒd Z[b ;dYk[d# jhe ?dj[hdWY_edWb Z[ J[Wjhe fWhW 9^_bb|d ;dj[fWY^ 9^_b[$ 7Z[c|i" h[Wb_pWhed lWh_Wi fh[i[djWY_ed[i [d BWjWYkd]W" IWbY[Ze" 8W‹ei" FWjWj[" F[b_b[e" 9[lWbbei" Gk[he" =kWhWdZW o Gk_je" [d [b YkWhje <[ij_lWb ?d# j[hdWY_edWb Z[ 7hj[i ;iYƒd_YWi [d CWdWX‡$ 8WhhW]|d Yec[djÂŒ gk[ [b J[Wjhe FefkbWh Z[b ;YkWZeh Z[iWhhebbÂŒ jWcX_ƒd kd _dj[die jhWXW`e YkbjkhWb [d bW fWhhe#
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ĉ
, 3.ĹŠ3#-"1;ĹŠ '.8ĹŠ4-ĹŠ/.!.ĹŠ"#ĹŠ$1~.
gk_W ?pWcXW" Wb ^WY[hi[ WYh[[# Zeh W bei \edZei YedYkhiWXb[i Z[b C_d_ij[h_e Z[ 9kbjkhW Z[b ;YkWZeh" _dl[hj_Zei [d [b fhe# o[Yje ĂˆJ[Wjhe fWhW jeZWi bWi b_X[hjWZ[i Yed bei `ÂŒl[d[i Z[ ?pWcXWÉ1 gk[ jkle Yece h[ikb# jWZe [b cedjW`[ Z[ bW eXhW Ăˆ;b [dj_[hheÉ gk[ \k[ kd jhWXW`e Ye# b[Yj_le" Yed d_‹ei" d_‹Wi" WZe# b[iY[dj[i o `ÂŒl[d[i$
9ece fWhj[ Z[b jhWXW`e Z[ \ehcWY_Œd" [ij[ Yeb[Yj_le Ykbjk# hWb h[Yehh_Œ eY^e fhel_dY_Wi Z[b fW‡i" YecfWhj_[dZe [b cŒZkbe Z[ =[ij_Œd 9kbjkhWb Yed bei ][i# jeh[i [YkWjeh_Wdei" bWXeh Yed bW gk[ i[ be]hŒ Yedieb_ZWh kd ]hk# fe eh]Wd_pWZe W d_l[b dWY_edWb gk[ Wi[]kh[ [b \ehjWb[Y_c_[dje o bW ckbj_fb_YWY_Œd YkbjkhWb$ JWcX_ƒd i[ WfeoŒ W bei d_#
‹ei o d_‹Wi Z[ bW YWbb[ YWfWY_# jWdZe [d Whj[ ZhWc|j_Ye Yed [b fheo[Yje ieY_Wb Z[b Ckd_Y_f_e Z[ 7cXWje gk[ j_[d[ [b eX`[j_le Z[ gk[ bei d_‹ei o d_‹Wi [d f[# b_]he Z[ YWbb[`_pWY_ÂŒd YedepYWd o ZhWcWj_Y[d iki Z[h[Y^ei" Wi‡ i[ fkie [d [iY[dW bW eXhW ĂˆJhWi bW f_ijWÉ Z[ 7b_Y_W O|d[p 9ei# i‡e" o i[ [ij| Z_\kdZ_[dZe [d bWi [iYk[bWi$
Bk[]e Z[ gk[ bW Y_kZWZ Z_i\hkjWhW Z[ kd Ă’d Z[ W‹e W]hWZWXb[ i_d bbkl_Wi d_ ckY^e \h‡e" Z[iZ[ [b fWiWZe Zec_d]e bWi YedZ_Y_ed[i Yb_# c|j_YWi lWh_Whed dk[lWc[d# j[ o bWi bbkl_Wi [cf[pWhed W WfWh[Y[h [d bW Y_kZWZ$ I[]‘d _d\ehc[ [c_j_Ze feh [b ?dij_jkje DWY_edWb Z[ C[j[ehebe]‡W [ >_Zhebe]‡W ?dWc^_ [ij[ Z‡W [b Y_[be ieXh[ 7cXWje f[hcWd[Y[h| dkXbWZe Yed YbWhei fWhY_Wb[i [d bW cW‹WdW" i_d [cXWh]e Yed\ehc[ i[ WY[hgk[ bW jWhZ[ o bW deY^[ Yed [bbWi jWcX_ƒd WfWh[Y[h|d b_][hWi bbkl_Wi$ I[ fh[lƒ gk[ bW j[cf[hWjkhW lWh‡[ [djh[ bei dk[l[ o (& ]hWZei Y[dj‡]hWZei" feh be gk[ [i d[Y[iWh_e jecWh bWi c[Z_ZWi Z[ fh[l[dY_ÂŒd fWhW [l_jWh _d\[YY_ed[i l_hWb[i Yece h[i\h‡ei o ]h_f[i$ JWcX_ƒd i[ Z[X[ jecWh WXkdZWdj[ l_jWc_dW 9$
ĉ
ŏ ąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
ũ
4-#2ũĊũ"#ũ#-#1. : ũ ũĉĖ
^[cei [iYh_je cWb0 ÈZ[djhe Z[b Y[de Z[b YedY[`e$$$É Be Yehh[Yje [i È$$$Z[djhe Z[b I;DE Z[b 9edY[`e$$$É : ũ ũĊĖ ][d[hWbc[dj[ [b Wf[bb_Ze ElWdZe i[ [iYh_X[ Yed ÈXÉ0 E87D:EÉ$ : ũũ ũČĖ
[d bk]Wh Z[ 79J?L?:7:;I" ^[cei [iYh_je ÈWYj_l_WZ[iÉ$ : ũũ ũĎĖ
\Wbj bW \eje Yehh[ifedZ_[dj[ [d È?deY[dj[ f[b_]heÉ$ : ũ ũĐĖ
\Wbj [ifWY_e fWhW Yecfb[jWh h[fehjW`[ YkbjkhWb gk[ ^W gk[ZWZe _dYedYbkie$ : ũ ũĈĉ
[d kd f_[ Z[ \eje ^[cei [iYh_je È[b jhWj[É [d bk]Wh Z[ È[b JH7@;É$ : ũ ũĈĊĖ
[b ( Z[ [d[he de \k[ i|XWZe$ Be Yehh[Yje [i ÈZ[b i|XWZe ' Z[ [d[heÉ$
)-ŋ*,) / .)-ŋ 6-# )-ŋ-#(ŋ &4 ŋ ŋ*, #)-ŋ (ŋ' , ) -ũ_/.! 2ũ- 5("#ı ũ8ũ"#ũăũ-ũ"#ũ .Ĕũ + 2ũ5#-3 2ũ2#ũ(-ı !1#,#-3 1.-ũ#-ũ+ ũ , 8.1~ ũ"#ũ/+ 9 2ē ;d bW cWoeh W Z[ fbWpWi o c[hYW# Zei Z[ 7cXWje" bWi Yec[hY_Wdj[i o WcWi Z[ YWiW Z_`[hed gk[ bei fh[Y_ei Z[ Y_[hjei fheZkYjei Z[ fh_c[hW d[Y[i_ZWZ i[ cWdjkl_[# hed ^WijW Ò dWb[i Z[ W e$ Æ;ije [i Xk[de" oW gk[ Wi [b (&'' [cf[p i_d WbpWi" f[he [i# f[h[cei gk[ [ije lWoW Z[ bWh]e o de ikXWd ejhW l[pÇ" i[ Wb FWjh_# Y_W J_X|d" Yec[hY_Wdj[$ Feh ejhe bWZe CWh W JeWY^_" Yec[hY_Wdj[ Z[ l[hZkhWi" _dZ_# Y gk[ ^WijW [b cec[dje bWi Wk# jeh_ZWZ[i Z[ Yedjheb de be]hWd [ijWX_b_pWh [b fh[Y_e Z[ Y_[hjei fheZkYjei X|i_Yei" Yece [i [b Wp YWh" WY[_j[" ]hWdei" [djh[ ejhei [b[c[djei dkjh_j_lei$ ;b j[ceh gk[ j_[d[d bWi l[d# Z[ZehWi [i gk[ Yece _d_Y_W [b
683(5,17(1'(1&,$ '( &203$f,$6
(;75$&72 '( /$ (6&5,785$ 38%/,&$ '( &$0%,2 '( '20,&,/,2 '( /$ &203$f,$ &216758&&,21(6 &2081,&$&,21(6 < (1(5*,$ 6 $ &2&2(16$ '( /$ &,8'$' '( *8$<$48,/ $/ &$1721 3(/,/(2 3529,1&,$ '( 781*85$+8$ < 5()250$ '(/ (67$7872 $17(&('(17(6 OD FRPSDxtD &216758&&,21(6 &2081,&$&,21(6 < (1(5*,$ 6 $ &2&2(16$ VH FRQVWLWX\y PHGLDQWH HVFULWXUD S~EOLFD RWRUJDGD DQWH HO 1RWDULR 7ULJpVLPR GHO FDQWyQ *XD\DTXLO HO GH PDU]R GH DSUREDGD PHGLDQWH 5HVROXFLyQ 1R * ,- HO GH PDU]R GH H LQVFULWD HQ HO 5HJLVWUR 0HUFDQWLO GHO FDQWyQ *XD\DTXLO HO GH DEULO GH &(/(%5$&,21 < $352%$&,21 OD HVFULWXUD S~EOLFD GH FDPELR GH GRPLFLOLR GH OD FRPSDxtD &216758&&,21(6 &2081,&$&,21(6 < (1(5*,$ 6 $ &2&2(16$ GH OD FLXGDG GH *XD\DTXLO DO FDQWyQ 3HOLOHR 3URYLQFLD GH 7XQJXUDKXD \ UHIRUPD GHO HVWDWXWR RWRUJDGD HO GH VHSWLHPEUH GH DQWH HO 1RWDULR 6pSWLPR GHO FDQWyQ $PEDWR KD VLGR DSUREDGD SRU OD 6XSHULQWHQGHQFLD GH &RPSDxtDV PHGLDQWH 5HVROXFLyQ 1R 6& ,- '-& * GH ',& 2725*$17( &RPSDUHFH DO RWRUJDPLHQWR GH OD HVFULWXUD S~EOLFD DQWHV PHQFLRQDGD HO VHxRU (GZLQ 'DQLHO &DQGR &DQGR HQ VX FDOLGDG GH *HUHQWH *HQHUDO GH HVWDGR FLYLO FDVDGR HFXDWRULDQR \ GRPLFLOLDGR HQ OD FLXGDG GH 3HOLOHR &$0%,2 '( '20,&,/,2 5()250$ '(/ (67$7872 < 38%/,&$&,21 /D 6XSHULQWHQGHQFLD GH &RPSDxtDV PHGLDQWH 5HVROXFLyQ 1R 6& ,- '-& * GH ',& DSUREy HO FDPELR GH GRPLFLOLR GH OD FRPSDxtD &216758&&,21(6 &2081,&$&,21(6 < (1(5*,$ 6 $ &2&2(16$ GH OD FLXGDG GH *XD\DTXLO DO FDQWyQ 3HOLOHR 3URYLQFLD GH 7XQJXUDKXD \ UHIRUPD GHO HVWDWXWR \ RUGHQy OD SXEOLFDFLyQ GHO H[WUDFWR GH OD UHIHULGD HVFULWXUD S~EOLFD SRU WUHV GtDV FRQVHFXWLYRV SDUD HIHFWRV GH RSRVLFLyQ GH WHUFHURV VHxDODGD HQ HO $UW GH OD OH\ GH &RPSDxtDV \ 5HJODPHQWR GH 2SRVLFLyQ FRPR DFWR SUHYLR D VX LQVFULSFLyQ $9,62 3$5$ 2326,&,21 6H SRQH HQ FRQRFLPLHQWR GHO S~EOLFR HO FDPELR GH GRPLFLOLR GH OD FRPSDxtD &216758&&,21(6 &2081,&$&,21(6 < (1(5*,$ 6 $ &2&2(16$ GH OD FLXGDG GH *XD\DTXLO DO FDQWyQ 3HOLOHR 3URYLQFLD GH 7XQJXUDKXD D ILQ GH TXH TXLHQHV VH FUH\HUHQ FRQ GHUHFKR D RSRQHUVH D VX LQVFULSFLyQ SXHGDQ SUHVHQWDU VX SHWLFLyQ DQWH XQR GH ORV -XHFHV GH OR &LYLO GHO GRPLFLOLR SULQFLSDO GH OD FRPSDxtD GHQWUR GH ORV VHLV GtDV FRQWDGRV GHVGH OD IHFKD GH OD ~OWLPD SXEOLFDFLyQ GH HVWH H[WUDFWR \ DGHPiV SRQJDQ HO SDUWLFXODU HQ FRQRFLPLHQWR GH OD 6XSHULQWHQGHQFLD GH &RPSDxtDV (O -XH] \ R DFFLRQDQWH TXH UHFLED OD RSRVLFLyQ QRWLILFDUi D HVWD 6XSHULQWHQGHQFLD GH &RPSDxtDV GHQWUR GHO WpUPLQR GH GRV GtDV VLJXLHQWHV MXQWDPHQWH FRQ HO HVFULWR GH RSRVLFLyQ \ SURYLGHQFLD UHFDtGD VREUH HOOD (Q HO FDVR GH QR H[LVWLU RSRVLFLyQ R GH QR VHU QRWLILFDGD HQ OD IRUPD DQWHV LQGLFDGD VH SURFHGHUi D OD LQVFULSFLyQ GH OD UHIHULGD HVFULWXUD S~EOLFD GH OD LQGLFDGD FRPSDxtD \ DO FXPSOLPLHQWR GH ORV GHPiV UHTXLVLWRV OHJDOHV 5()250$ '(/ (67$7872 OD UHIRUPD GHO HVWDWXWR VH UHILHUH D OR VLJXLHQWH ´$57,&8/2 &8$572 OD FRPSDxtD WLHQH VX GRPLFLOLR SULQFLSDO HQ OD FLXGDG GH 3HOLOHR SURYLQFLD GH 7XQJXUDKXD 5HS~EOLFD GHO (FXDGRU µ *XD\DTXLO ',& $E +XPEHUWR 0R\D *RQ]iOH] ,17(1'(17( '( &203$f,$6 '( *8$<$48,/ $ $
1#!(.2
+ 9 2ũ8ũ,#1! ".2
1."4!3.2ũĸ$4-" 2Ĺ
} ēũ .!.2ũ$4#1.-ũ+.2ũ/1."4!3.2ũ04#ũ,.231 1.-ũ4-ũ(-!1#,#-3.ũ#-ũ242ũ /1#!(.2ũ +ũăũ- +(9 1ũĉćĈćē
dk[le W e" iki Yb_[dj[i j_[d[d ckY^ei ]Wijei" feh be gk[ Z[`Wd Z[ Yedikc_h _]kWb gk[ Wdj[i$ ÆC_i YWi[hWi Yec[djWhed gk[ oW de j_[d[d Z_d[he o gk[ lWd W bb[lWh c[dei gk[ [d i[cWdWi Wdj[h_eh[i$ F[he be Xk[de [i gk[
Wdj[h_ehc[dj[ i l[dZ_cei o fkZ_cei W^ehhWh feYeÇ" Z_`e J_# X|d$ 7b cec[dje" bWi l_lWdZ[hWi Wfb_YWd bW [ijhWj[]_W Z[ l[dZ[h feh YecXei iki fheZkYjei" oW gk[ Yed [ije bWi e\[hjWi i[ lk[b#
ŗũ ., 3#ũ"#ũ! 1-#ũ ŗũ 15#) ũ ũ ŗũ - '.1( ũ ŗũ #++.!.ũũ ŗũ 2ũ ũ ŗũ '.!+.2ũũ ŗũ #,.+ !' ũ ŗũ / 2ũĸ04(-3 +Ĺũũ ŗũ #!'4% ũĸ4-(" "Ĺũ ŗũ 15#) ũ ĸ/.1!(¢-Ĺũ ŗũ 1¢!.+(ũĸ4-(" "Ĺũ ũŗũ 9Ì! 1ũĸ04(-3 +Ĺũ
Ĉēććũ!#-3 5.2 Ĉēććũ!#-3 5.2 ćēđćũ!#-3 5.2 Ĉēććũ!#-3 5.2 ćēđćũ!#-3 5.2 ćēđćũ!#-3 5.2 ćēđćũ!#-3 5.2 ĈĉĔćć ćĔĎć ĈĔćć ćĔđć ĊďĔćć
l[d j[djWZehWi fWhW bWi WcWi Z[ YWiW gk[ [if[hWd YecfhWh be c[`eh W fh[Y_ei c Z_Yei [d [b (&''$
(.,)ŋ )' , # &ŋ ŋ &), -ŋ *, - (. ŋ . ,#),)ŋ 0# (. Ied i_[j[ W ei Z[ bW [djh[]W Z[ '. beYWb[i Z[b 9[djhe 9ec[hY_Wb Z[ BWi <beh[i" i_d [cXWh]e Wb ce# c[dje [ijei fh[i[djWd kd Z[j[# h_ehe [l_Z[dj[" [if[Y_Wbc[dj[ [d iki j[Y^ei$ @WYgk[b_d[ 9hkp" Yec[hY_Wdj[ Z[b i_j_e" i[ Wb gk[ YkWdZe bbk[#
l[ [b W]kW _d]h[iW feh bWi Ò ikhWi gk[ i[ ^Wd ][d[hWZe [d [b j[Y^e" [b YkWb de [i Z[ bepW i_de Z[ fWl_# c[dje$ ÆJ[d[cei gk[ YebeYWh fb|ij_# Yei [d bei fheZkYjei o ieXh[ jeZe [d bei ck[Xb[i" oW gk[ ik[b[ ce# `Whi[ jeZe$ 7Z[c|i" jeZWi bWi de#
35(67,*,26$ (035(6$ 5(48,(5( &2175$7$5 (-(&87,9$ '( 9(17$6 5(48,6,726 ([FHOHQWHV FXDOLGDGHV GH RUJDQL]DFLyQ 3HUVRQD 'LQiPLFD FRQ DOWDV KDELOLGDGHV SDUD PDQHMR GH UHODFLRQHV LQWHUSHUVRQDOHV 3URDFWLYD \ 6RFLDEOH %XHQD 3UHVHQFLD 'LVSRQLELOLGDG ,QPHGLDWD /DV 3HUVRQDV LQWHUHVDGDV SUHVHQWDUVH FRQ GRFXPHQWDFLyQ HQ OD FDOOH 4XLWR HQ WUH %ROtYDU \ 5RFDIXHUWH HO GtD -XHYHV GH (QHUR GH GH K D K /+'-'
Y^[i Z[`Wcei jWfWdZe fehgk[ de iWX[cei i_ Wb Z W i_]k_[dj[ lWcei W [dYedjhWh jeZe ce`WZeÇ" Z_`e$ I[] d bWi l[dZ[ZehWi" [b Ck# d_Y_f_e Z[ 7cXWje de ^W Wj[dZ_Ze iki d[Y[i_ZWZ[i$ Æ>[cei cWdZWZe lWh_ei eÒ # Y_ei fWhW ^WY[h YedeY[h [b fhe# Xb[cW gk[ j[d[cei" oW [i ^ehW Z[ gk[ dei [iYkY^[d o dei Z[d Wj[d# Y_ dÇ" Z_`[hed bWi l[dZ[ZehWi" [d [if[Y_Wb 9hkp$ 7b cec[dje FWjh_Y_e JeiYW# de [i [b WZc_d_ijhWZeh Z[b bk]Wh" gk_[d i[ Yecfhec[j_ [d ][ij_e# dWh bW h[WZ[YkWY_ d Z[ j[Y^ei Z[ jeZei bei beYWb[i$ 7dj[ [bbe" bWi l[dZ[ZehWi [if[# hWd gk[ fWhW [ij[ (&''" bWi Wkjeh_# ZWZ[i Z[d Wj[dY_ d W iki f[j_Y_e# d[i$ I[ i[ WbW gk[ [d [b j[Y^e Z[ bei beYWb[i [n_ij[d ikc_Z[hei gk[ [ij|d jWfedWZei [ _cf_Z[d [b b_Xh[ Ó k`e Z[ bWi W]kWi bbkl_Wi$
ēũ 2ũ!.,#1!( -3#2ũ 1#!+ , -ũ 3#-!(¢-ũ ũ+ 2ũ 43.1(" "#2ũ ,4-(!(/ +#2ē
+ũ %1 1(.ũ !.-$1 3#1-(9¢
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
ŏ ą ŏ ŏĂĀ ŏ ŏĂĀ āā ąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
Ċ
ŋ ))* , .#0 ŋ ŋ "),,)ŋ3ŋ ,Z #.)ŋ &ŋ !, ,#)ŋ) , # ŋ/( ŋ ( ŋ( 0# ŋ ŋ.) )-ŋ-/-ŋ )& ), ), -Ąŋ -. ŋ, /(# (ŋ- ŋ ,  ŋ (ŋ-/-ŋ*,)*# -ŋ#(-. & #)( -ŋ )( ŋ- ŋ0#0# ,)(ŋ!, .)-ŋ ')' (.)-ŋ ŋ ' , ,v ŋ3ŋ ), # &# Ą
.+~5 1ũ +3 Ĕũ 2'(-%3.-ũ 1#(1#ũ8ũ:-%#+ũ (%4#9ũ 2(23(#1.-ũ ũ#23 ũ!#- ũ!.-ũ #-342( 2,.ē
1+.2ũ ) 2Ĕũ .,,#+ũ (5#1 Ĕũ 1#""8ũ #+ 23#%4~ũ8ũ (#%.ũ 234/( ;-Ĕũ"(1#!3(5.2ũ04#ũ/1#2("(#1.-ũ+ ũ1#4-(¢-ē
"( -3#2ũ+4!(#1.-ũ 9,(- ũ 149Ĕũ 3#1(-#ũ .1 Ĕũ 4+ ũ #1 ũ8ũ 1(#+ ũ #+.ē
(,#ũ 1#(1#Ĕũ #.- 1".ũ ¢/#9Ĕũ 1+.2ũ 1#++ -.ũ8ũ 1(23( -ũ -. -" ē
1+.2ũ 4#11#1.Ĕũ .1#- ũ 15;#9Ĕũ 1~ ũ .2_ũ ~ 9ũ8ũ 31(!(.ũ 1¢$ +.ũ!.,/ 13(#1.-ũ%1 3.2ũ,.,#-3.2ē
/+'/, /*-)+
āĀ
# ũ(-$.1, !(¢666ē+ '.1 ē!.,ē#!
ŏ ąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
, " ũ (++ 5(!#-!(.ũ8ũ _2 1ũ 5(+ -#2ũ2#ũ1#%.!() 1.-ũ#-ũ#23#ũ #-!4#-31.ũ"#ũ!.-$1 3#1-(" "ē
-(#+ũ 4 .9ũ8ũ 1(23(- ũ #+ ũ"(2$14ı 3 1.-ũ"#ũ#23 ũ ,#- ũ1#4-(¢-ē
(! 1".ũ 04#1.Ĕũ (+( ũ (++ 5(!#-!(.Ĕũ/1#2("#-3 ũ"#ũ+ ũ +34ėũ8Ĕũ (++( ,ũ 1( 2Ĕũ1#!.1" 1.-ũ#+ũ5#1" "#1.ũ2#-3(".ũ"#ũ+ ũ _/.! ũ- 5("# ēũũ
#4-(¢-ũ"#ũ31 ). 8ũ!#- ũ- 5("#
)-ŋ#(. !, (. -ŋ ŋ& ŋ 6' , ŋ ŋ &4 )ŋ ŋ /(!/, "/ ŋĢ &./ģŋ,  ,)(ŋ/( ŋ, /(# (ŋ ŋ., $)ŋ* , ŋ (  ,ŋ-/ŋ& ),ŋ /, (. ŋ &ŋ* ,v) )ŋüúûúĄŋ *,)0 " ,)(ŋ -. ŋ) -# (ŋ* , ŋ !/-. ,ŋ-/ŋ ( ŋ( 0# Ąŋ -. ŋ 0 (.)ŋ./0)ŋ&/! ,ŋ (ŋ &ŋ ). &ŋ ' .)Ą 4(".ũ !'#5#11~ Ĕũ 04#+ũ 1(+Ĕũ 5 --#ũ # ũ8ũ 4(2ũ .-3#-#%1.ũ2#ũ,.231 1.-ũ %423.2.2ũ"#ũ!.,/ 13(1ũ#-ũ!.,/ ~ ũ"#ũ 4#-.2ũ ,(%.2ēũ
(+2.-ũ 1!.2Ĕũ ¢-(! ũ (9 ũ8ũ (+2.-ũ 4/#ũ3 , (_-ũ2#ũ'(!(#1.-ũ/1#2#-3#2ũ#-ũ#23 ũ).1- " ũ"#ũ31 ).ũ8ũ!#+# 1 !(¢-ē
+(73.ũ # +.9 Ĕũ 1~ ũ .-3#-#%1.ũ8ũ (,#ũ 1 ũ!.,/ 13(#1.-ũ,.,#-3.2ũ +#%1#2ũ#-ũ#23#ũ#5#-3.ēũ
(+3.-ũ -3 - Ĕũ 1+ -".ũ 19¢-ũ8ũ _2 1ũ ! ũ2#ũ2(-3(#1.-ũ!.-3#-3.2ũ"#ũ / 13(!(/ 1ũ#-ũ#23#ũ !3.ē
1~ ũ .+#" "ũ +!.-~Ĕũ (+3.-ũ # +.9 ũ8ũ 1(- ũ (++ !~2ũ /1.5#!' 1.-ũ#23 ũ1#4-(¢-ũ/ 1 ũ ăũ -9 1ũ242ũ+ 9.2ũ"#ũ ,(23 "ē
ƒ Ä
.Ŋ2#Ŋ/4#"#Ŋ #2/#1 1Ŋ,;2 ŗŊ ŊŊ 1 Ŋ (#%.Ŋ .1) ĔŊ/1#2("#-3#Ŋ"#+Ŋ"(Ĺ 1#!3.1(.Ŋ"#+Ŋ -!.Ŋ #-31 +Ŋ"#+Ŋ !4 ".1ĔŊ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
#1( ".ĹŠ"#)Â˘ĹŠÄˆÄ‰ĹŠ,4#13.2ĹŠ
ŗŊ ŊŊ7b ÒdWb_pWh [b ef[hWj_le feh <_d Z[ 7‹e" bW 9hkp He`W
_d\ehcÂŒ gk[ [d [b \[h_WZe i[ h[fehjWhed '( f[hiedWi \Wbb[# Y_ZWi o )'& ^[h_ZWi$ ;b eh]Wd_ice ^kcWd_jWh_e dej_Ă’YÂŒ gk[ bei \Wbb[Y_c_[djei eYkhh_[hed feh Wjhef[bbWc_[d# jei" YW‡ZW" \WbbWi YWhZ‡WYWi" W^e]Wc_[dje o l_eb[dY_W Y_l_b [d bWi fhel_dY_Wi Z[ F_Y^_d# Y^W" 7pkWo" IWdjW ;b[dW o IWdje :ec_d]e$
#%41.ĹŠ"#ĹŠ 5(.-#2ĹŠ
Ĺ—ĹŠ ĹŠCW‹WdW l[dY[ [b fbWpe fWhW bW YebeYWY_ÂŒd Z[b h[Wi[]khe _d# j[hdWY_edWb Z[ bW fÂŒb_pW gk[ bW [ijWjWb I[]khei IkYh[ h[Wb_pÂŒ [d (&&/ W jhWlƒi Z[b Xhea[h 7ED" Yed bW ckbj_dWY_edWb >ekijed 9WikWbjo 9ecfWdo$ :_Y^e h[Wi[]khe Z[b YWiYe Wƒh[e o h[ifediWX_b_ZWZ Y_l_b Z[ W[hedWl[i Z[ bWi <<$77$" i[ Wfb_YÂŒ i_d bW Wkjeh_pWY_ÂŒd Z[b C_d_ij[h_e Z[ :[\[diW" gk[ ^WijW Wo[h de ^WX‡W WZ`kZ_# YWZe [b dk[le YedjhWje gk[ ]W# hWdj_Y[ bWi ef[hWY_ed[i Wƒh[Wi c_b_jWh[i [ij[ W‹e$ 7b cec[dje" bW 9edjhWbe# h‡W o <_iYWb‡W _dl[ij_]Wd bWi Z[dkdY_Wi gk[ i[ ^_Y_[hed W _d_Y_ei Z[ (&'&" bk[]e Z[ gk[ [b C_d_ij[h_e Z[ :[\[diW Z[j[YjWhW _hh[]kbWh_ZWZ[i [d bW fÂŒb_pW Z[ IkYh[$
ēŊ (#%.ĹŠ .1) ĔŊ/1#2("#-3#ĹŠ"#+ĹŠ (1#!3.1(.ĹŠ"#+ĹŠ ĔŊ#7/+(! ĹŠ04#ĹŠ2.-ĹŠ,;2ĹŠ"#ĹŠ ÄˆÄ‡Ä‡ĹŠ! 2.2ĹŠ+.2ĹŠ04#ĹŠ2#ĹŠ3(#-#-ĹŠ04#ĹŠ1#2.+5#1ēŊ
!)-ŋ ŋ , ), -ŋ (ŋ,# -!)ŋ ŋ -. ( ,- (Ŋ+.2Ŋ)49% ".2Ŋ -.Ŋ %(+(3 -Ŋ+ 2Ŋ ! 42 2ĔŊ#+Ŋ Ŋ-.Ŋ /."1;Ŋ1#!4/#1 1Ŋ#+Ŋ "(-#1.ē
;b fW]e Z[ bei WYh[[Zeh[i Z[ bW XWdYW Y[hhWZW i[ feZh‡W [ijWd# YWh Z[X_Ze Wb h[jhWie [d bei fhe# Y[iei Z[ Z[j[hc_dWY_Œd Z[ gk_[# XhW Z[ bWi [cfh[iWi Z[kZehWi Z[ bWi [dj_ZWZ[i gk[ gk[XhWhed$ FWhW bei h[fh[i[djWdj[i Z[b 8Wd# Ye 9[djhWb Z[b ;YkWZeh 89; " [b fheY[ie Z[ h[Ykf[hWY_Œd Z[ [ijW YWhj[hW Z[f[dZ[ Z[ gk[ bei eh# ]Wd_icei Z[ `kij_Y_W Z[d ik l[# h[Z_Yje fWhW YeXhWh jWb Z_d[he$
I_ [ije de i[ Ykcfb[ i[ _cfei_X_# jkbWh Z[b 89;$ b_jWh| [b fW]e W bei WYh[[Zeh[i$ :[iZ[ eYjkXh[" [b W][dj[ 7dj[ [ijW fei_X_b_ZWZ" :_[]e Ă’iYWb Z[b =kWoWi" L‡Yjeh I|d# 8eh`W" fh[i_Z[dj[ Z[b :_h[Yjeh_e Y^[p =_hÂŒd" bb[lW [b YWie Z[ bW Z[b 89;" ^_pe kd bbWcWZe W bW <_i# [cfh[iW 9eijW JhWZ_d] o ^WijW [b cec[dje de ^W ^W# YWb‡W Z[b =kWoWi fWhW gk[ WY[b[h[ [b jh|c_j[ Z[ YkWjhe X_Ze fhedkdY_Wc_[dje `k_Y_ei gk[ h[fh[i[djWd -& Wb]kde$ ;ijW [cfh[iW" c_bbed[i Z[ ZÂŒbWh[i Z[b je#
ĹŠ Ykoe ][h[dj[ \k[ [b [n "#ĹŠ"¢+ 1#2ĹŠ#2ĹŠ#+ĹŠ jWb Z[ bW YWhj[hW$ 3.3 +ĹŠ"#ĹŠ+ ĹŠ! 13#Äą fh[i_Z[dj[ Z[b 9ed]h[ie 1 ĹŠ04#ĹŠ3(#-#ĹŠ04#ĹŠ DWY_edWb" @kWd @eiƒ Fedi" 1#!4/#1 1ĹŠ#+ĹŠ ēŊ j_[d[ kdW Z[kZW Yed [b [n +(ă! !(¢-ĹŠ"#ĹŠ04(# 1 8WdYe Z[b Fhe]h[ie Z[ 8eh`W ieijkle gk[ fWhW Yedj_dkWh Yed [b Z[X_Ze fheY[ie (.$' c_bbed[i Z[ ZÂŒbWh[i$ ;d Z[ YeXhe Z[ [ijW Z[kZW" [i _dZ_i# [ij[ YWie" 8eh`W Wi[]khW gk[ f[diWXb[ gk[ fh_c[he bei `k[# [n_ij[d kdW i[h_[ Z[ _hh[]kbW# Y[i [ijWXb[pYWd i_ bWi [cfh[iWi h_ZWZ[i oW gk[ i[ jhWifWiWhed Z[kZehWi gk[XhWhed Z[ cWd[hW WYj_lei W ejhWi [cfh[iWi o gk[ \ehjk_jW e \hWkZkb[djW$ ÆH[gk[# _dYbkie ^kXe kd YWcX_e Z[ ][# h_cei Z[ bWi YWb_Ă’YWY_ed[i fWhW h[dY_W o i[ decXhÂŒ Wb gk[ ik# _cfed[h WYY_ed[iÇ" WĂ’hcÂŒ [b j_# fk[ijWc[dj[ i[h‡W [b Y^e\[h Z[
Ä‰Ä“ÄŒÄ‡Ä‡ĹŠ
bW \Wc_b_W Fedi$ ÆI[]‘d [bbei ^W gk[XhWZe bW [cfh[iW$ Deiejhei gk[h[cei gk[ [b 7][dj[ <_iYWb YWb_Ă’gk[ bW gk_[XhWÇ" [nfh[iÂŒ 8eh`W" gk_[d Yec[djÂŒ gk[ ^Wo ejhWi jh[i [c# fh[iWi gk[ jWcX_ƒd Z[X[d Wb 8WdYe Z[b Fhe]h[ie" Ykoei YW# iei ied bb[lWZei feh [b c_d_i# jhe <_iYWb Z[b =kWoWi" 7djed_e =W]b_WhZe$ BWi [dj_ZWZ[i _dlebkYhWZWi ied 9ediehY_e ?dZkijh_Wb ?dZk# YediehY_e I$7$ gk[ WZ[kZW '-") c_bbed[i Z[ ZÂŒbWh[i" ;khe\ehj[ Z[X[ ')") c_bbed[i o 9W]b_Wh_ Z[X[ ''". c_bbed[i $
#( . ŋ- ŋ*)( ŋ (ŋ' ()-ŋ ŋ ),, ěŊ ;b
i[Yh[jWh_e Z[ bW 7Zc_d_ijhWY_ÂŒd F‘Xb_YW" L_d_Y_e 7blWhWZe" Z_e W YedeY[h Wo[h gk[ jeZei bei c_d_ijhei gk[ \ehcWd fWhj[ Z[b =WX_d[j[ Z[b fh[i_Z[d# j[ HW\W[b 9ehh[W" ^Wd fh[i[djWZe ik h[dkdY_W Yece i[ ik[b[ ^WY[h Wb _d_Y_e Z[ YWZW W‹e$ Æ;l_Z[dj[c[dj[ jeZei ^[cei fh[i[djWZe bW h[dkdY_W" Yece kd WYje feb‡j_Ye o Z[ Yehj[i‡W gk[ i[
^WY[ jeZei bei W‹ei o Z[ W^‡ [b Fh[# i_Z[dj[ WdkdY_Wh| bei YWcX_eiÇ" Z_`e 7blWhWZe" gk_[d de Z_e dec# Xh[i Z[ bei \kdY_edWh_ei gk[ fe# i_Xb[c[dj[ iWbZh‡Wd Z[b =eX_[h# de e fWiWh‡Wd W ejhWi \kdY_ed[i$ Bei dk[lei YWcX_ei i[ ik# cWh‡Wd W bei gk[ [b fh[i_Z[dj[ HW\W[b 9ehh[W ^_pe [d Z_Y_[cXh[ fWhW h[delWh ik \h[dj[ Z[ i[]kh_# ZWZ" YkWdZe jecÂŒ `khWc[dje Wb
l_Y[Wbc_hWdj[ h[j_hWZe" >ec[he 7h[bbWde" Yece dk[le c_d_ijhe YeehZ_dWZeh Z[ I[]kh_ZWZ ?dj[hdW o ;nj[hdW o W 7b\h[Ze L[hW Yece dk[le c_d_ijhe Z[b ?dj[h_eh$ :_Y^ei \kdY_edWh_ei [djhWhed [d h[[cfbWpe Z[ C_]k[b 9WhlW# `Wb o Z[ =kijWle @Wba^ h[if[Y# j_lWc[dj[" Yece fWhj[ Z[ kdW h[[ijhkYjkhWY_Œd gk[ [cf[pŒ Z[ifkƒi Z[ bW ikXb[lWY_Œd feb_#
!4 3.1( -.2ĹŠ2 +#-ĹŠ"#ĹŠ 2/ Â
Ĺ—ĹŠ ĹŠKd _d\ehc[ Z[b EXi[hlWje# h_e F[hcWd[dj[ Z[ bW ?dc_]hW# Y_ÂŒd EF? Z[ ;ifW‹W i[‹WbW gk[ [djh[ i[fj_[cXh[ Z[ (&&/ o i[fj_[cXh[ Z[ (&'&" [b d‘c[he Z[ [YkWjeh_Wdei h[i_Z[dj[i XW`ÂŒ kd '-")( ;ij[ Z[iY[die" i[]‘d [b EF? i[ Z[X[h‡W W ÆbW WZgk_i_Y_ÂŒd Z[ bW dWY_edWb_ZWZ [ifW‹ebWÇ" ÆbW fWhj_Y_fWY_ÂŒd [d bei fhe]hW# cWi Z[ h[jehde lebkdjWh_e gk[ fheck[l[ [b ]eX_[hde [ifW# ‹ebÇ o Æbei h[jehdei [ifedj|# d[ei Z[X_Ze W bWi Yedijh_YY_e# d[i WYjkWb[i Z[b c[hYWZe Z[ jhWXW`e [ifW‹ebÇ$
#+ĹŠ5#1#"(!3.ĹŠ2. 1#ĹŠ#+ĹŠ! 2.ĹŠ .23 ĹŠ 1 Äą "(-%ĹŠ"# #1~ ĹŠ2#1ĹŠ#,(3(".ĹŠ8 ĹŠ04#ĔŊ2#%ĂŒ-ĹŠ _+ĔŊŊ31#2ĹŠ,#2#2ĹŠ#2ĹŠ24ă!(#-3#ĹŠ3(#,/.ēŊ ÄĄ +ĹŠ/4# +.ĹŠ#!4 3.1( -.ĹŠ-.ĹŠ/4#"#ĹŠ(1ĹŠ#2Äą /#1 -".ĹŠ"#ĹŠ31#2ĹŠ,#2#2ĹŠ#-ĹŠ31#2ĹŠ,#2#2ĔŊ "41 -3#ĹŠÄˆÄˆĹŠ  .2ĹŠ,;2ĢĔŊ2# +¢ēŊ "#,;2ĔŊ/("(¢Ŋ ĹŠ+.2ĹŠ)4#!#2ĹŠ04#ĔŊ #-ĹŠ! 2.ĹŠ"#ĹŠ04#ĹŠ2#ĹŠ"#3#1,(-#ĹŠ04#ĹŠ + ĹŠ04(# 1 ĹŠ"#ĹŠ#23 2ĹŠ#,/1#2 2ĹŠ$4#ĹŠ $1 4"4+#-3 ĔŊ2#ĹŠ(,/.-% -ĹŠ+ 2ĹŠ !!(.-#2ĹŠ /#- +#2ĹŠ(-"(2/#-2 +#2ēŊ 2~ĔŊ#+ĹŠ! 23(%.ĹŠ /."1~ ĹŠ2#1ĹŠ"#ĹŠ31#2ĹŠ ĹŠ2#(2ĹŠ  .2ĹŠ"#ĹŠ 1#!+42(¢-ĹŠ,#-.1ēŊ 23.2ĹŠ!4 31.ĹŠ! 2.2ĹŠ-.ĹŠ2.-ĹŠ+.2ĹŠĂŒ-(Äą !.2ĔŊ/#1.ĹŠ2~ĹŠ2.-ĹŠ+.2ĹŠ,;2ĹŠ1#/1#2#-3 3(Äą 5.2ĹŠ#-ĹŠ!4 -3.ĹŠ ĹŠ,.-3.ēŊ #ĹŠ! +!4+ ĹŠ04#ĹŠ #7(23#-ĹŠ,;2ĹŠ"#ĹŠÄˆÄ‡Ä‡ĹŠ! 2.2ĹŠ2(,(+ 1#2ĹŠ #-ĹŠ+.2ĹŠ04#ĹŠ+ ĹŠ 423(!( ĹŠ3(#-#ĹŠ04#ĹŠ#,(3(1ĹŠ 24ĹŠ5#1#"(!3.ēŊ ĹŠ)423(!( ĔŊ2#%ĂŒ-ĹŠ .1) ĔŊ #2ĹŠ+ ĹŠ04#ĹŠ3(#-#ĹŠ04#ĹŠ"#3#1,(- 1ĹŠ ĹŠ+ 2ĹŠ /#12.- 2ĹŠ!4+/ +#2ĹŠ/ 1 ĹŠ/1.!#"#1ĹŠ!.-ĹŠ #+ĹŠ!. 1.ēŊ
ēŊ .2Ŋ! , (.2Ŋ#-Ŋ#+Ŋ#04(/.Ŋ/1#2("#-!( +Ŋ2#Ŋ" 1;-Ŋ Ŋ!.-.!#1Ŋ#-Ŋ+.2Ŋ/1¢7(,.2Ŋ"~ 2ē
Y_Wb Z[b )& Z[ i[fj_[cXh[$ 7kdgk[ 7blWhWZe de gk_ie ZWh Z[jWbb[i Z[ bei YWcX_ei [i fheXWXb[ gk[ [b =eX_[hde i_]W Yed ik feb‡j_YW fWhW Ăˆh[Y_YbWh \kdY_edWh_eiÉ" jWb Yece ikY[Z_ÂŒ Yed 9WhlW`Wb gk_[d fWiÂŒ W i[h l_Y[c_d_ijhe [d 7]h_YkbjkhW e @Wba^" gk[ W^ehW [i [b Æi[Yh[# jWh_e fh_lWZeÇ Z[ 9ehh[W [d bW Fh[i_Z[dY_W$
ƒ Ă
,/4+2.ĹŠ/ 1 ĹŠ (-"4231( 2
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ĹŠĹŠ -ĹŠ!1#!(,(#-3.ĹŠ"#+ĹŠÄ‘Ĺ˜ĹŠ#-ĹŠ+ ĹŠ(-"42Äą Ĺ—31( ĹŠ, -4$ !341#1 ĹŠ$1#-3#ĹŠ +ĹŠ ĹŠ#2ĹŠ4- ĹŠ
4,#-3 -ĹŠĹŠ ! 2.2ĹŠ"#ĹŠ Ĉ Ĉ
Ĺ—ĹŠ ĹŠĹŠ;d lWh_Wi fhel_dY_Wi Z[ bW I_[hhW" [if[Y_Wbc[dj[ [d F_Y^_dY^W [ ?cXWXkhW" i[ ^Wd h[]_ijhWZe )/ YWiei Z[ bW ]h_f[ 7>'D'$ I[]‘d [b Z_h[Yjeh DWY_edWb Z[ ;f_Z[c_ebe]‡W" @kWd Ceh[_hW" [b h[Xhej[ Z[ bW _dĂ“k[dpW i[ Z[X[ W bW lWh_W# Y_ÂŒd Z[b Yb_cW$ ;b C_d_ij[h_e Z[ IWbkZ ieij_[d[ gk[ [ijei YWiei i[ [dYk[djhWd Z[djhe Z[b fWh|c[jhe dehcWb" f[he WZl_[hj[ gk[ YkWdZe [n_ijWd c|i Z[ ($*&& fWY_[dj[i Yed [b l_hki i[ feZh‡W ^WXbWh Z[ kd h[Xhej[ Z[ bW fWdZ[c_W$
.2ĹŠ/1."4!3.2ĹŠ,;2ĹŠ ! 1.2ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄ‡
Ĺ—ĹŠ ĹŠĹŠBei eY^e fheZkYjei W]h‡YebWi c|i YWhei Z[ (&'& \k[hed [b W`e" b_cÂŒd" ]k_d[e" Wp‘YWh h[Ă’dWZW" fb|jWde cWZkhe" c[bÂŒd" l[hZ[ o okYW$ ;b Wkc[dje Z[ fh[Y_ei Z[ [ijei fheZkYjei h[fh[i[djW [b '+ Z[b jejWb ][d[hWb Z[ bW _dĂ“WY_ÂŒd WYkckbWZW Z[ (&'& ^WijW del_[cXh[ $ ;b W`e b_Z[hW bW b_ijW Yed kdW _dĂ“WY_ÂŒd WYkckbWZW Z[ '&'$*( " b[ i_]k[ [b b_cÂŒd Yed *.$.- $ Bei ZWjei W Z_# Y_[cXh[ Z[ (&'& i[ [if[hWd [d [ij[ c[i$
! -3#2ĹŠ#-ĹŠ+ ĹŠ -#2!.
ĹŠBW Eh]Wd_pWY_ÂŒd Z[ bWi Ĺ—ĹŠĹŠ DWY_ed[i Kd_ZWi fWhW bW
;ZkYWY_ÂŒd" bW 9_[dY_W o bW 9kbjkhW Kd[iYe W jhWlƒi Z[b C_d_ij[h_e Z[ ;ZkYWY_ÂŒd Z[b ;YkWZeh" _dl_jW W fh[i[d# jWh YWdZ_ZWjkhWi W fk[ijei lWYWdj[i [d [ijW eh]Wd_pWY_ÂŒd _dj[hdWY_edWb$ ;ijei fk[ijei ied0 ;if[Y_Wb_ijW Z[ Fhe]hWcW [d [b ?dij_jkje Z[ ;ijWZ‡ij_YW [d Cedjh[Wb" 9WdWZ|1 7Zc_# d_ijhWY_ÂŒd [d bW EĂ’Y_dWi Z[ bW Kd[iYe kX_YWZWi [d IWd @eiƒ 9eijW H_YW o [d A^Wh# jekd IkZ|d $ Bei Wif_hWdj[i fk[Z[d fh[i[djWh iki YWd# Z_ZWjkhWi [d mmm$kd[iYe$ eh]%[cfbe_i" ^WijW [b fhÂŒn_ce '- Z[ [d[he$
' 1+ ĹŠ!.-ĹŠ1#/.13#1.2
Ĺ—ĹŠ ĹŠĹŠBW Kd_ÂŒd DWY_edWb Z[ F[h_eZ_ijWi KDF _dl_jW W
bW Y^WhbW Z[ bei \ejÂŒ]hW\ei [ijWZekd_Z[di[i AW[b 7b\ehZ o J^ehd[ 7dZ[hied Ăˆ:[iZ[ bW c_hWZW Z[b ejhe0 YkXh_h bW ]k[hhW [d ?hWa Z[iZ[ kdW f[hif[Yj_lW _dZ[f[dZ_[dj[É$ ;b WYje" gk[ i[h| ]hWjk_je" i[ h[Wb_pWh| ^eo W bWi '-0&& [d bW iWbW ĂˆEilWbZe FWp o C_‹eÉ" [d [b fh_c[h f_ie Z[ bW KDF ?‹Wgk_je ;(#)( o KDF " Wb dehj[ Z[ Gk_je$
ēŊ #-_Ŋ ,~1#9Ŋ#7/+(!¢Ŋ2. 1#Ŋ+ 2Ŋ,#3 2Ŋ/+ -3# " 2Ŋ/ 1 Ŋ+.2Ŋ/1¢7(,.2Ŋ  .2ē
"#Ŋ+ 2Ŋ-4#5 2Ŋ,#3 2Ŋ/+ -3# " 2Ŋ/.1Ŋ + Ŋ #!1#3 1~ Ŋ !(.- +Ŋ"#Ŋ + -($(! !(¢-Ŋ 8Ŋ #2 11.++.Ŋĸ #-/+ "#2ĚŊ/ 1 Ŋ#+Ŋ + -Ŋ !(.- +Ŋ"#+Ŋ 4#-Ŋ (5(1ēŊ
ĹŠ#-3(" "ĹŠ04(#1#ĹŠ(,/4+2 1ĹŠ ĹŠ 2#!3.1#2ĹŠ"#ĹŠ+ ĹŠ(-"4231( ĹŠ04#ĹŠ/#1,(Äą 3 -ĹŠ1#"4!(1ĹŠ#+ĹŠ"_ă!(3ĹŠ#-ĹŠ+ ĹŠ + -9 ĹŠ !.,#1!( +ēŊ 2~ĔŊ+ ĹŠ$ 1, !_43(! ĔŊ+.2ĹŠ "#1(5 ".2ĔŊ+ ĹŠ,#3 +,#!;-(! ĔŊ+ ĹŠ/#Äą 31.04~,(! ĹŠ1#!( (1;-ĹŠ(-!#-3(5.2ĹŠ/ 1 ĹŠ 24ĹŠ"#2 11.++.ĔŊ8 ĹŠ04#ĹŠ+ ĹŠ#231 3#%( ĹŠ#2ĹŠ 2423(34(1ĹŠ#+ĹŠ/.1!#-3 )#ĹŠ"#ĹŠ(,/.13 Äą !(.-#2ĹŠ#-ĹŠ#+ĹŠ/ ~2ēŊ +ĹŠ5(!#/1#2("#-3#ĹŠ"#+ĹŠ .-2#).ĹŠ !(.- +ĹŠ"#ĹŠ + -(ă! !(¢-ĔŊ #-_ĹŠ ,~1#9ĔŊ 2#%41 ĹŠ04#ĹŠ8 ĹŠ#7(23#-ĹŠ +%4-.2ĹŠ(-!#-3(5.2ēŊ .1ĹŠ#)#,/+.ĔŊ#-ĹŠ #+ĹŠ ¢"(%.ĹŠ"#ĹŠ+ ĹŠ 1."4!!(¢-ĔŊ1#!(#-Äą 3#,#-3#ĹŠ /1. ".ĔŊ2#ĹŠ#7.-#1 ĹŠ"#+ĹŠ / %.ĹŠ"#+ĹŠ(,/4#23.ĹŠ ĹŠ+ ĹŠ1#-3 ĹŠ"41 -3#ĹŠ !(-!.ĹŠ  .2ĹŠ ĹŠ#23#ĹŠ3(/.ĹŠ"#ĹŠ(-"4231( 2ēŊ ÄĄ 23.2ĹŠ(-!#-3(5.2ĹŠ(,/+(! -ĹŠ, 8.1ĹŠ 31 ).ĹŠ8ĹŠ3 , (_-ĹŠ, 8.1ĹŠ-ĂŒ,#1.ĹŠ "#ĹŠ ă+( ".2ĢĔŊ ă1,¢Ŋ ,~1#9ĔŊ04(#-ĹŠ %1#%¢Ŋ04#ĹŠ+.ĹŠ04#ĹŠ2#ĹŠ 42! ĹŠ#2ĹŠ!.-2Äą 314(1ĹŠ+ ĹŠ(-"4231( ĹŠ- !(.- +Ģē
/- (ŋ ' # ,ŋ, &# ŋ ŋ ( ð # ,#)-ŋ &ŋ
+ĹŠ .-2#).ĹŠ"#ĹŠ + -(ă! !(¢-ĹŠÄƒ)¢Ŋ-4#5 2ĹŠ ,#3 2ĹŠ04#ĹŠ$.1, 1;-ĹŠ/ 13#ĹŠ"#+ĹŠ + -ĹŠ Äą !(.- +ĹŠ"#+ĹŠ 4#-ĹŠ (5(1ēŊ
gk[‹Wi o C[Z_WdWi ;cfh[iWi Foc[i o [cfh[dZ_c_[djei Z[ [Yedec‡W ieY_Wb o ieb_ZWh_W Z[i# Z[ bW XWdYW f‘Xb_YW$ 7Z[c|i Z_`e gk[ i[ Wif_hW Wb# YWdpWh kd _dl[hi_Œd Z[b ' Wb '"+ Z[b FheZkYje ?dj[hde 8hkje F?8 [d 9_[dY_W" J[Ydebe]‡W [ ?ddelW# Y_Œd o be]hWh ) c_b +&& X[YWh_ei Z[ YkWhje d_l[b$ EjhW WcX_Y_Œd [i _dYehfehWh kd Yh[Y_c_[dje fhec[Z_e WdkWb Z[ . [d bW _dZkijh_W cWdk\WY# jkh[hW \h[dj[ Wb F?8$
WbYWdpWh gk[ [b +& Z[ bei Ze# Y[dj[i eXj[d]W kdW YWb_Ă’YWY_ÂŒd Z[ Æcko Xk[dWÇ [d bWi fhk[XWi Z[ [lWbkWY_ÂŒd" h[ZkY_h [d '& [b Yedikce WdkWb f[h Y|f_jW Z[ [d[h]‡W [d [b i[Yjeh h[i_Z[dY_Wb o Z_ic_dk_h [d kd +& [b ZÂƒĂ’Y_j ;b 9edi[`e DWY_edWb Z[ FbWd_Ă’# ikhWc[h_YWdei [b 8:> i[ ^W Ye]d_j_le Z[ Z[iWhhebbe _d\Wdj_b YWY_ÂŒd 9DF WfheXÂŒ bWi dk[lWi jhWdi\ehcWZe [d kd c[YWd_ice [d c[deh[i Z[ ) W‹ei gk[ Wj_[d# c[jWi fhefk[ijWi [d [b FbWd DW# Z[ f[hf[jk_ZWZ gk[ bei X[d[Ă’# Y_edWb fWhW [b 8k[d L_l_h" ^WijW Y_Wh_ei j_[d[d gk[ h[Y_X_h ZkhWd# Z[ [b C_d_ij[h_e Z[ ?dYbki_ÂŒd (&')$ ;YedÂŒc_YW o IeY_Wb C?;I $ j[ jeZW bW l_ZW i_d j[d[h [ijhW# Kde Z[ fh_dY_fWb[i eX`[j_# j[]_Wi YedYh[jWi Z[ YÂŒce ^WY[h Ejhei fbWd[i WfkdjWd W [hhW# fWhW gk[ [ijWi f[hiedWi lei [i Yedi[]k_h gk[ Wb Z_YWh bW Z[idkjh_Y_ÂŒd YhÂŒd_YW Z[ c[dei bei '+& c_b X[d[# iWb]Wd Z[ [iW YedZ_Y_ÂŒd c[deh[i Z[ ) W‹ei" [b_c_dWh [b ĹŠ WdWb\WX[j_ice" h[ZkY_h [d kd XW`e ik fhef_e jhWXW`e o \_Y_Whei gk[ h[Y_X[d [b )& bW jWiW Z[ Z[\eh[ijWY_ÂŒd [i\k[hpe$ 8ede Z[ :[iWhhebbe >k# 31.2ĹŠ. )#3(5.2 ^WijW (&')" XW`Wh [d kd (( [b Feh [ie WdkdY_ÂŒ gk[ :khWdj[ ik _dj[hl[dY_ÂŒd" [b \kd# cWde 8:> iWb]Wd Z[ bW .%1 1ĹŠ04#ĹŠ#+ĹŠ ÄŒÄ‡Ĺ˜ĹŠ"#ĹŠ!(4" Äą " -.2ĹŠ!4#-3#-ĹŠ kdW c[jW dWY_edWb [i Y_edWh_e Z[b 9DF cWd_\[ijÂŒ gk[ d_l[b Z[ YedY[djhWY_ÂŒd Z[ bW feXh[pW$ I[]‘d [b l_Y[fh[i_# !.-ĹŠ #%41(" "ĹŠ _dYh[c[djWh W )& bW ^WijW (&') i[ c[`ehWh| [b iWbZe j_[hhW o WbYWdpWh gk[ [b *& Z[ .!( +ĹŠ#-ĹŠ#23#ĹŠ fWhj_Y_fWY_ÂŒd Z[b YhƒZ_je Z[ bW XWbWdpW Yec[hY_Wb de f[# Y_kZWZWdei WYY[ZWd W bW i[]kh_# Z[dj[ Z[b 9DF" H[dƒ  .ĹŠ#2ĹŠ.31 ĹŠ ,#3 Ä“ fheZkYj_le fWhW bWi F[# jheb[hW Yece fehY[djW`[ Z[b F?8" ZWZ ieY_Wb$ HWc‡h[p" [d bei fW‡i[i
- & ŋ # ŋ+/ ŋ- ŋ +/# , (ŋ &#'#( ,ŋ )(+/#-. -ŋ ŋ ŊěŊ ;b WiWcXb[‡ijW Z[b
Cel_c_[dje FefkbWh :[ce# Yh|j_Ye CF: " @eh][ ;iYWbW" Z[# dkdY_ÂŒ Wo[h gk[ ^Wo kd h[jhWie _dj[dY_edWb [d [b jhWjWc_[dje Z[b fheo[Yje Z[ ;ZkYWY_ÂŒd ?d# j[hYkbjkhWb [d bW 7iWcXb[W$ ;b b[]_ibWZeh Yh[[ gk[ [ije i[ ^WY[ W Ă’d Z[ f[hc_j_h gk[ i[ i_]Wd fh[i[djWdZe WbYWdY[i W bW B[o [d f[h`k_Y_e Z[ cW[ijhei o [ijkZ_Wdj[i$ 9ece [`[cfbe Z[ [ie Y_jÂŒ kdW _Z[W gk[ i[ fh[j[d#
Z[ _dYbk_h [d [b Whj_YkbWZe fWhW eXb_]Wh W gk[ i[ _cfWhjWd Zei ^ehWi Z[ h[b_]_ÂŒd [d bei fbWd# j[b[i Ă’iYWb[i$ Æ;ie [i kd WXk# ie feh YkWdje Wj[djW YedjhW [b bW_Y_ice gk[ _cfb[c[djÂŒ [b [n fh[i_Z[dj[ ;beo 7b\WheÇ" W]h[]ÂŒ ;iYWbW" gk_[d W‹WZ_ÂŒ gk[ [b i[# ]kdZe Z[XWj[ Z[ [ij[ fheo[Yje \k[ Y[hhWZe [b fWiWZe ') Z[ Z_# Y_[cXh[ Yed bW [b_c_dWY_ÂŒd Z[ Yedgk_ijWi Z[ bei cW[ijhei$ ÆI_ 7b\Whe [ijkl_[hW l_le Z[
'* 4šŋŋ 0)&/ #š(ŋ ŋ ŋ ŋ./,#-. -ŋ ēŊ .1%#Ŋ 2! + ĔŊ 2 , +#~23 Ŋ /.1Ŋ#+Ŋ ĔŊ1#2/ +" Ŋ+ 2Ŋ !!(.-#2Ŋ"#+Ŋ %1#,(.Ŋ"#+Ŋ %(23#1(.ē
i[]khe b[ YehjWh‡W bW b[d]kW W 9e# hh[W feh ^WXbWh Z[ 7b\Whe o ^WY[h jeZe be YedjhWh_e W be gk[ ƒb ^_peÇ" [d\Wj_pÂŒ ;iYWbW" gk_[d h[_j[hÂŒ gk[ ^eo i[ XkiYWd [ijhWj[]_Wi fWhW [b_c_dWh X[d[Ă’Y_ei Yece bei Xedei feh [b :‡W Z[b CW[ijhe" <hedj[h_pe o :_\‡Y_b 7YY[ie$
7o[h i[ _d_Y_Œ bW Z[lebkY_Œd Z[b ?cfk[ije Wb LWbeh 7]h[]W# Ze ?L7 W bei [njhWd`[hei gk[ ZkhWdj[ ik l_i_jW [d [b fW‡i WZ# gk_h_[hed fheZkYjei dWY_edW# b[i e YedjhWjWhed ^eif[ZW`[$ ;b C_d_ij[h_e Z[ Jkh_ice WYbWhW gk[ bei jkh_ijWi j_[d[d Z[h[Y^e W bW h[ij_jkY_Œd Z[b ?L7" i_[c# fh[ gk[ YWZW \WYjkhW j[d]W kd lWbeh de c[deh Z[ +& ZŒbWh[i$ ;ij[ i_ij[cW Z[ Yecf[diWY_Œd i[h| [`[YkjWZe feh [b I[hl_Y_e Z[ H[djWi ?dj[hdWi IH? o [b C_d_ij[h_e Z[ ?dZkijh_Wi o Fhe# ZkYj_l_ZWZ C_fhe $
,)3 .)ŋ, ),' ,6ŋ ĀúĿŋ ŋ 3ŋ ŋ ,6(-#.)
1;ĹŠ2 -!(.-#2ĹŠ(-,#"( 3 2ĹŠ ĹŠ+ 2ĹŠ!.-Äą 31 5#-!(.-#2ĹŠ!.,#3(" 2ĹŠ"#2"#ĹŠ#+ĹŠÄ?ĹŠ"#ĹŠ %.23.ĹŠ"#ŊĉććđēŊ <_dWbc[dj[ i[ Z_ijh_XkoÂŒ [b _d# \ehc[ fWhW bW lejWY_ÂŒd Z[b fhe# o[Yje Z[ h[\ehcWi W bW B[o Eh# ]|d_YW Z[ JhWdifehj[ J[hh[ijh[" Jh|di_je o I[]kh_ZWZ L_Wb" gk[ Z[ WYk[hZe Yed [b j_jkbWh Z[b B[]_ibWj_le" <[hdWdZe 9ehZ[he" i[h| bb[lWZe Wb fb[de Z[ bW 7iWc# Xb[W [ijW i[cWdW$ ;b ZeYkc[dje bb[]ÂŒ W cWdei Z[ bei b[]_ibWZeh[i [b )& Z[ Z_# Y_[cXh[$ ;ije" f[i[ W gk[ c_[c# Xhei Z[ bW 9ec_i_ÂŒd Z[ :[iW# hhebbe ;YedÂŒc_Ye" Yece HW\W[b :|l_bW 7B " ;dh_gk[ >[hh[h‡W C= o <hWdY_iYe KbbeW CF: " h[YbWcWhed feh bW \ehcW [d bW gk[ [b j[nje \k[ [bWXehWZe feh bW fh[i_Z[djW Z[ bW 9ec_i_ÂŒd" IWhkaW HeZh‡]k[p FH; $ ;b _d\ehc[ [ijWXb[Y[ gk[ [b i[Yjeh i[h| h[]_Ze feh [b C_d_i# j[h_e Z[ JhWdifehj[1 7][dY_W DWY_edWb Z[ JhWdifehj[ J[hh[i# jh[" Jh|di_je o I[]kh_ZWZ L_Wb1 =eX_[hdei 7kjÂŒdecei :[iY[d# jhWb_pWZei =7: H[]_edWb[i" C[jhefeb_jWdei o Ckd_Y_fWb[i1 o bW :_h[YY_ÂŒd DWY_edWb Z[ 9edjheb Z[b Jh|di_je o I[]kh_ZWZ L_Wb$
2ĹŠ!.,/#3#-!( 2
;b C_d_ij[h_e Z[ JhWdifehj[ j[d# Zh| bW h[Yjeh‡W Z[b i_ij[cW dWY_e# dWb Z[ jh|di_je" [d YeehZ_dWY_ÂŒd Yed bei =7:" fWhW [nf[Z_h [b FbWd DWY_edWb Z[ Cel_b_ZWZ o Be]‡ij_YW Z[b JhWdifehj[" o ik# f[hl_iWh| o [lWbkWh| ik _cfb[# c[djWY_ÂŒd o [`[YkY_ÂŒd$ BW 7][dY_W DWY_edWb i[ [d# YWh]Wh| Z[ bW h[]kbWY_ÂŒd" fbWd_# Ă’YWY_ÂŒd o Yedjheb Z[b jh|di_je W d_l[b dWY_edWb" XW`e bWi feb‡j_YWi
4-3.2ĹŠ(,/.13 -3#2
Bei W][dj[i Y_l_b[i Z[ jh|di_je i[# h|d i[hl_Zeh[i f‘Xb_Yei [if[Y_Wb_# pWZei fWhW [b Yedjheb Z[b i[Yjeh o Z[f[dZ[h|d Z[ bW 7][dY_W DWY_e# dWb" gk_[d bei \ehcWh| o YWfWY_jW# h|" fWhW h[b[lWh W bW Feb_Y‡W DWY_e# dWb [d Z_Y^W WYj_l_ZWZ$ BWi b_Y[dY_Wi Z[ YedZkYY_Œd i[h|d [djh[]WZWi feh bW 7][dY_W
4 (3 3(5.2
Ĺ—ĹŠĹŠĹŠ
ēŊ 2ĹŠ!.,/  ~ 2ĹŠ8ĹŠ!../#1 3(5 2ĹŠ"#ĹŠ31 -2/.13#ĹŠ"# #1;-ĹŠ/1#2#-3 1ĹŠ!#13(Äą ă! !(.-#2ĹŠ"#+ĹŠ ĹŠ8ĹŠ!./( 2ĹŠ"#ĹŠ+.2ĹŠ!.-31 3.2ĹŠ"#ĹŠ242ĹŠ31 ) ".1#2Ä“
DWY_edWb Z[ H[]kbWY_ÂŒd o 9ed# jheb" c_[djhWi bW YWfWY_jWY_ÂŒd o \ehcWY_ÂŒd [ijWh| W YWh]e Z[ bWi _dij_jkY_ed[i Wkjeh_pWZWi$ Bei Wif_hWdj[i W Yedl[hj_hi[ [d bei YedZkYjeh[i fhe\[i_edWb[i" j[dZh|d gk[ Ykcfb_h bei h[gk_i_# jei [ijWXb[Y_Zei [d [b h[]bWc[dje h[if[Yj_le" Z[X[h|d ^WX[h Wfhe# XWZe [b fh_c[h d_l[b Z[ XWY^_bb[# hWje e fei[[h b_Y[dY_W j_fe 8$ ;d [b fbWpe Z[ /& Z‡Wi W fWhj_h Z[ bW fkXb_YWY_ÂŒd Z[ bW B[o" jeZWi bWi YecfW‹‡Wi o Yeef[hWj_lWi Z[ jhWdifehj[ cWi_le Z[ fWiW`[hei o Z[ YWh]W [ij|d eXb_]WZWi W fh[# i[djWh W bW 7][dY_W DWY_edWb bWi Y[hj_Ă’YWY_ed[i Z[b ?;II o Yef_Wi
Z[ bei YedjhWjei Z[ jhWXW`e" YWie YedjhWh_e i[ ikif[dZ[h|d bei f[hc_iei Z[ ef[hWY_ÂŒd$ +ĹŠ
BW Ikf[h_dj[dZ[dY_W Z[ 8WdYei o [b C_d_ij[h_e Z[ IWbkZ" ^WijW [b )' Z[ cWhpe Z[ YWZW W‹e" fkXb_YWh|d kd _d\ehc[ [ijWZ‡ij_Ye o Ă’dWdY_[# he WdkWb Z[b I[]khe EXb_]Wjeh_e Z[ 7YY_Z[dj[i Z[ Jh|di_je IE7J $ 7i_c_ice bW Ikf[h_dj[dZ[d# Y_W" ^WijW [b )' Z[ eYjkXh[ Z[ YWZW W‹e" [bWXehWh| kd [ijkZ_e jƒYd_# Ye o WYjkWh_Wb ieXh[ ik i_jkWY_ÂŒd" h[ikbjWZei Z[ bWi Wi[]khWZehWi o Z[b <ediWj" o [ij_cWY_ed[i fWhW [b i_]k_[dj[ W‹e$
3Ĺ‹ Ĺ‹ ., -*& (. -Ĺ‹ 0/ &0 Ĺ‹ &Ĺ‹ .
ēŊ #"1.Ŋ .+(-#2Ŋ 24,(1;Ŋ+ Ŋ 4/#1(-3#-"#-!( Ŋ"#Ŋ -!.2Ŋ8Ŋ (;-Ŋ 1 ,(++.Ŋ+ Ŋ"#Ŋ #+#!.,4-(! !(.-#2ē
jkY_ÂŒd Z[ Cedj[Yh_ij_ [d (&&.$ ;ijei ied bei fh_c[hei \kdY_e# dWh_ei gk[ ^Wd i_Ze Z[i_]dWZei feh [b 9edi[`e Z[ FWhj_Y_fWY_ÂŒd" f[he Z[ bWi j[hdWi [dl_WZWi feh
Ŋ ēēē
Wfhel[Y^ÂŒ kdW l_i_jW Z[b i[Yh[jWh_e `kh‡Z_Ye 7b[n_i C[hW fWhW ^WY[hb[ f[hiedWb# c[dj[ kd h[Yehh_Ze feh bWi _dijWbWY_ed[i Z[b 9edi[`e Z[ FWhj_Y_fWY_ÂŒd 9_kZWZWdW$ ;b eX`[j_le Z[b h[Yehh_Ze [hW gk[ [b i[Yh[jWh_e `kh‡Z_Ye l[W bWi YedZ_Y_ed[i [d bWi gk[ i[ bWi fWiWd bei Yedi[`[hei [d iki h[ZkY_ZWi eĂ’Y_dWi$ BW fh[i_# Z[djW i[ Yed]hWY_W Yed C[hW o FWj_‹e" gk_[d[i i[ Z_ifkjWd [b Yedjheb Z[ [ij[ 9edi[`e$
)- -#)( (Ĺ‹ Ĺ‹(/ 0 -Ĺ‹ /.),# ;b fb[de Z[ bW 7iWcXb[W D7# Y_edWb \k[ YedleYWZe W bWi /0)& Z[ ^eo fWhW bW fei[i_ÂŒd Z[ bei dk[lei ikf[h_dj[dZ[dj[i Z[ 8WdYei o Z[ J[b[Yeckd_YWY_e# d[i" F[Zhe Ieb_d[i o <WX_|d @W# hWc_bbe" h[if[Yj_lWc[dj[$ BW Y[h[ced_W i[ Ykcfb_h| bk[]e Z[ gk[ [b 9edi[`e Z[ FWh# j_Y_fWY_ÂŒd 9_kZWZWdW o 9edjheb IeY_Wb 9fYYi Ykcfb_ÂŒ Yed [b fheY[ie Z[ [b[YY_ÂŒd Z[ bWi fh_# c[hWi j[hdWi [dl_WZWi feh [b ;`[Ykj_le$ 9ed bW Z[i_]dWY_ÂŒd Z[ [ijei Zei \kdY_edWh_ei" i[ [cf_[pW W Y[hhWh bW [jWfW Z[ jhWdi_Y_ÂŒd [d bW gk[ [b fW‡i ^W l_l_Ze Z[iZ[ gk[ [djhÂŒ [d l_][dY_W bW 9edij_#
ă
Ĺ—ĹŠ ĹŠĹŠBW fh[i_Z[djW Z[b ĂˆGk_dje FeZ[hÉ" CWhY[bW C_hWdZW"
Ĺ—ĹŠĹŠ
Z[b C_d_ij[h_e" [d YeehZ_dWY_Œd Yed bei =7: o ik Z_h[Yjeh_e [ijW# h| _dj[]hWZe feh bei c_d_ijhei Z[ JhWdifehj[" IWbkZ" kd h[fh[i[d# jWdj[ Z[i_]dWZe feh [b Fh[i_Z[dj[ Z[ bW H[f‘Xb_YW1 kde Z[ bei =7: o kde feh bei =7: gk[ de WbYWdY[d [b c_bbŒd Z[ ^WX_jWdj[i$
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
#1ĹŠ/ 1 ĹŠ!1##1
43.-.,~ ĹŠ / 1 ĹŠ 4 8 2
ĹŠ .,(2(¢-ĹŠ"#ĹŠ 1;-2(3.ĹŠ"#+ĹŠ 4 8 2Ŋĸ ĚŊ#2ĹŠ"#!+ 1 " ĹŠ4- ĹŠ /#12.- ĹŠ)41~"(! ĹŠ"#ĹŠ"#1#!'.ĹŠ/ĂŒ +(!.ĔŊ "#2!#-31 +(9 " ĔŊ"#ĹŠ"41 !(¢-ĹŠ (-"#ă-(" ĔŊ!.-ĹŠ/ 31(,.-(.ĹŠ/1./(.ĹŠ8ĹŠ 43.-.,~ ĹŠ$4-!(.- +ĔŊ ",(-(231 3(5 ĔŊ ă- -!(#1 ĹŠ8ĹŠ/1#24/4#23 1( ĔŊ!.-ĹŠ ".,(!(+(.ĹŠ#-ĹŠ+ ĹŠ!(4" "ĹŠ"#ĹŠ 4 8 04(+ĹŠ 8ĹŠ!.-ĹŠ)41(2"(!!(¢-ĹŠ#-ĹŠ#+ĹŠ3#11(3.1(.ĹŠ"#ĹŠ + ĹŠ/1.5(-!( ĹŠ"#+ĹŠ 4 8 2ĔŊ8ĹŠ"#,;2ĹŠ !(1!4-2!1(/!(.-#2ĹŠ3#11(3.1( +#2ĹŠ04#ĹŠ+#ĹŠ $4#1#-ĹŠ"#+#% " 2Ä“ #%4(1;ĹŠ#-ĹŠ$4-!(.-#2ĹŠ' 23 ĹŠ04#ĹŠ +.2ĹŠ,4-(!(/(.2ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĹŠ"#+ĹŠ 4 8 2ĹŠ 24, -ĹŠ+ 2ĹŠ!.,/#3#-!( 2ĹŠ "#+ĹŠ31;-2(3.ĔŊ8ĹŠ/ 1 ĹŠ+ ĹŠ31 -2$#1#-!( ĹŠ 2#ĹŠ /+(! 1;ĹŠ#+ĹŠ/1.!#"(,(#-3.ĹŠ#23 Äą +#!(".ĹŠ#-ĹŠ#+ĹŠ ¢"(%.ĹŠ 1%;-(!.ĹŠ"#ĹŠ 1% -(9 !(¢-ĹŠ #11(3.1( +Ŋĸ ..3 "Ěē
ƒ
[b ;`[Ykj_le W [i[ eh]Wd_ice" jeZWl‡W \WbjW Z[i_]dWh W Fhe# YkhWZeh =[d[hWb Z[b ;ijWZe o Ikf[h_dj[dZ[dj[ Z[ 9ec# fW‹‡Wi$
;d [b ehZ[d Z[b Z‡W Z[ bW 7iWc# Xb[W YedijW [b i[]kdZe Z[XWj[ Z[b fheo[Yje Z[ B[o Eh]|d_YW Z[ :edWY_Œd o JhWifbWdj[i" gk[ h[# ]kbWh| jeZWi bWi WYj_l_ZWZ[i h[bW# Y_edWZWi Yed bW eXj[dY_Œd o kj_b_# pWY_Œd Yb‡d_YW Z[ Œh]Wdei" j[`_Zei o YƒbkbWi Z[ ^kcWdei" _d\ehc[ fh[i[djWZe feh bW 9ec_i_Œd Z[ :[h[Y^e W bW IWbkZ" fh[i_Z_ZW feh 9Whbei L[bWiYe F7?I $ BW dehcWj_lW [ijWXb[Y[ bW WY# jkWY_Œd o h[ifediWX_b_ZWZ[i Z[ bW 7kjeh_ZWZ IWd_jWh_W DWY_edWb [d cWj[h_W Z[ WYj_l_ZWZ jhWifbWd# jebŒ]_YW" [djh[ ejhei Wif[Yjei$
;b Wbje cWdZe c_b_jWh i[ ZW lk[bjWi o lk[bjWi fWhW YedY[Z[h kdW [djh[l_ijW W bW fh[diW _dZ[# f[dZ_[dj[$ 7dj[i Z[ YkWbgk_[h [djh[l_ijW fed[d YedZ_Y_ed[i Yece bW Z[ Æde ^WXbWh Z[b )& Z[ i[fj_[cXh[Ç" ^WXbWh Z[ [ije o de ^WXbWh Z[ be ejhe$ O Yed jeZe o YedZ_Y_ed[i" i[ i_]k[d ^WY_[dZe bei beYei fWhW de Wj[dZ[h W bei Yeckd_YWZeh[i$
;%(- 2ĹŠ5 !~ 2
Ĺ—ĹŠ ĹŠĹŠI[ Z_Y[ gk[ [d bW fh[i[djW# Y_ÂŒd Z[b b_Xhe ieXh[ bW 7iWc# Xb[W 9edij_jko[dj[ o ik bWXeh ^_ijÂŒh_YW" Wgk[bbei h[lebkY_e# dWh_ei fWjh_ejWi [ _hh[l[h[dj[i ][ijeh[i Z[ Z_Y^W ^WpW‹W de be]hWhed d_ i_gk_[hW bb[dWh [b iWbÂŒd Z[b fb[de Z[ bW 7iWcXb[W DWY_edWb" de i[ iWX[ i_ \k[ bW \WbjW Z[ j_[cfe e i_ Wb]kdei oW i[ Whh[f_dj_[hed" f[he fWhW de gk[ZWh cWb" o gk[ [b fb[de de bkY_[hW i[c_ lWY‡e [d jWd cW]de [l[dje" bWi i_bbWi lWY‡Wi \k[hed eYkfWZWi feh bei Wi[ie# h[i Z[ lWh_ei WiWcXb[‡ijWi$
" ĹŠ/#12.- +
Ĺ—ĹŠ ĹŠĹŠBei WiWcXb[‡ijWi Z[ F7?I [ij|d Yehh_[dZe bW lep fWhW gk[ jeZei Yh[Wd gk[ [b `k_Y_e feb‡j_Ye [d YedjhW Z[ bW Ikf[h# _dj[dZ[djW Z[ 8WdYei" =beh_W IWXWdZe" de j_[d[ d_d]‘d j_dj[ f[hiedWb YedjhW bW \kd# Y_edWh_W o gk[ be ‘d_Ye gk[ i[ XkiYW [i ceijhWh [b l[hZWZ[he fheY[ie gk[ i[ i_]k_ÂŒ [d bW b_gk_ZWY_ÂŒd Z[ bei XWdYei gk[XhWZei$ >WXh| gk[ l[h i_ [ie [i l[hZWZ$
1(3(! " 2
Ĺ—ĹŠĹŠĹŠ
I[ hkcehW gk[ [d bW h[kd_ÂŒd dWl_Z[‹W Z[ 7b_WdpW F7?I" bW C_d_ijhW CWh‡W Z[ bei Ă›d][b[i :kWhj[ Z[ceijhÂŒ iki ^WX_b_# ZWZ[i Z[ YWdjWdj[" c_[djhWi gk[ bWi b[]_ibWZehWi 7c_djW 8k[dW‹e o 8[jjo 9Whh_bbe i[ Z[Z_YWhed W Z[YbWcWh l[hiei" bei YkWb[i de b[ W]hWZWhed fWhW dWZW W ik CW`[ijWZ o Z[ XhecW [d XhecW b[i Z_`e gk[ iebWc[d# j[ feh [ie XWijWXW bbWcWh W bW ck[hj[ YhkpWZW$
ƒ ą
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
& ' (ŋ ŋ / # ( # ŋ *),ŋ &#.)ŋ / ( ,) Ŋ Ŋ šGk_dY[ _dl[ij_]W#
Zei [d kd fh[ikdje Z[b_je WZkW# d[he [djh[ [bbei [b [n ][h[dj[ Z[ bW 9ehfehWY_Œd 7ZkWd[hW ;YkW# jeh_WdW 97; Z[ ;ic[hWbZWi o dk[le l_Y[c_d_ijhe Z[b ?dj[h_eh" =h[]eh_e J[bbe C[`‡W" [ij|d bbWcW# Zei W YecfWh[Y[h Wdj[ bW `kij_Y_W$ ;b fhŒn_ce ') Z[ [d[he" i[ YedleYŒ W bW WkZ_[dY_W Z[ \ehck#
bWY_ÂŒd Z[ YWh]ei W bei _cfb_YWZei feh [b Ă’iYWb Z[ bW YWkiW" :_[]e Fƒh[p =Wbbe" Wdj[ [b @kp]WZe I[# ]kdZe Z[ =WhWdj‡Wi F[dWb[i Z[ ;ic[hWbZWi$ ;b @k[p F[dWb feZh‡W Z_YjWc_# dWh e de bW fh_i_ÂŒd fh[l[dj_lW YedjhW bei _cfb_YWZei" fWhW gk[ [b <_iYWb fk[ZW _dl[ij_]Wh Z[djhe Z[ bW _dijhkYY_ÂŒd$ #-4-!( 2ĹŠ"#ĹŠ#,/1#2 2
;cfh[iWi _cfehjWZehWi Z[dkd# Y_Whed [djh[ (&&/ o (&'& [d bW <_iYWb‡W Z[ ;ic[hWbZWi" gk[ i[ ^WXh‡Wd ^[Y^e _cfehjWY_ed[i \hWkZkb[djWi ikfbWdjWdZe [b decXh[ Z[ ieY_[ZWZ[i gk[ Z[# YbWhWd ejhe j_fe Z[ c[hYWZ[h‡Wi Yece jkXei fWhW bW _dZkijh_W f[# jheb[hW$ =h[]eh_e J[bbe Z_`e YkWdZe iWb_ÂŒ W bW bkp f‘Xb_YW [ijW Z[# dkdY_W" gk[ \k[ ƒb gk_[d _d_Y_ÂŒ bW _dl[ij_]WY_ÂŒd feh c[Z_e Z[ bW <_iYWb‡W Z[ 7ZkWdWi fWhW _d# ZW]Wh h[if[Yje Z[ bWi _cfehjW# Y_ed[i Z[ jkX[h‡Wi [d Yedj[d[# Zeh[i feh bW YecfW‹‡W ĂˆIjob[i J[Y^debe]oÉ$
ēŊ #Ŋ -4-!( Ŋ#5 2(¢-Ŋ"#Ŋ31( 43.2Ŋ/.1ŊĊćŊ,(++.-#2Ŋ"#Ŋ"¢+ 1#2ē
ēŊ ĹŠ#73#-2(¢-ĹŠ"#ĹŠ+ 2ĹŠ(-5 2(.-#2ĹŠ/1.,.5(" 2ĹŠ/.1ĹŠ+.2ĹŠ31 ă! -3#2ĹŠ#2ĹŠ(-! +!4+ +#Ä“
2Ĺ‹ - ' & v-. Ĺ‹-/' ŋÞúŋ (/( # +#1(.ĹŠ 23 !(.ĹŠ $4#ĹŠ31 2+ " ".ĹŠ ĹŠ + ĹŠÄĽ #-(ÄŚĹŠ/.104#ĹŠ 2#1~ ĹŠ31 ă! -3#ĹŠ "#ĹŠ3(#11 2Ä“
;b [n WiWcXb[‡ijW Z[b eĂ’Y_W# b_ice" 8Wb[h_e ;ijWY_e" \k[ jhWibWZWZe W bW F[d_j[dY_Wh‡W Z[b B_jehWb" feh WYkiWY_ed[i Z[ jh|Ă’Ye Z[ j_[hhWi$ C_[djhWi jWdje" Z_l[hiWi f[hiedWi i[ WY[hYWhed Wo[h W bW <_iYWb‡W Z[b =kWoWi W \eh# cWb_pWh Z[dkdY_Wi YedjhW [b [n Yedij_jko[dj[ feh _dYkc# fb_c_[dje [d bW [djh[]W Z[ ZeYkc[djei fei[ieh_ei Z[ bei j[hh[dei gk[ l[dZ_ÂŒ [d i[Yjeh[i Z[b dehj[$ EjhWi f[hiedWi gk[ bb[# ]Whed Z[ ejhWi fhel_dY_Wi [d bWi _dlWi_ed[i fhecel_#
.1 ".1#2ĹŠ!.-ĹŠ/1#.!4/ !(¢Ŋ 31.2ĹŠ,.1 ".1#2ĹŠ"#ĹŠ .-3#ĹŠ (- (ĹŠ8ĹŠ .+4-3 "ĹŠ"#ĹŠ (.2ĹŠ3 , (_-ĹŠ2(#-3#-ĹŠ/1#.!4Äą Ĺ—/ !(¢-ĹŠ/.1ĹŠ-.ĹŠ2 #1ĹŠ ĹŠ".-"#ĹŠ2#1;-ĹŠ31 2+ " ".2ĔŊ2#%ĂŒ-ĹŠ+ ĹŠ/1.,#2 ĹŠ"#+ĹŠ . (#1-.ēŊ
"#,;2ĔŊ04#Ŋ2.-Ŋ"4# .2Ŋ"#Ŋ -(, +#2Ŋ".,_23(!.2Ŋ!.,.Ŋ% ++(- 2ĔŊ!'(5.2ĔŊ!.-#).2Ŋ 8Ŋ/ +., 2Ŋ04#Ŋ-.Ŋ2 #-Ŋ2(Ŋ+#2Ŋ2#1;Ŋ/#1,(3(".Ŋ++#5 1Ŋ +Ŋ-4#5.Ŋ'.% 1ē
2Ŋ(-5 2(.-#2Ŋ "#,;2Ŋ2#ŊŊ' -Ŋ#73#-"(".Ŋ Ŋ2(3(.2Ŋ!#1! -.2Ŋ +Ŋ 1 25 2#Ŋ"#Ŋ -3 Ŋ +#- ĔŊ2(-Ŋ04#Ŋ#7(23 Ŋ 43.1(" "Ŋ!.,/#3#-3#Ŋ04#Ŋ#5(3#Ŋ#+Ŋ_7.".Ŋ"#Ŋ+.2Ŋ/.2#2(.- Ĺ 1(.2Ŋ(+#% +#2ē
ZWi feh ;ijWY_e Z_`[hed [ijWh [d _dY[hj_ZkcXh[" feh YkWdje fW# ]Whed YWdj_ZWZ[i Z[ Z_d[he gk[ lWd Z[iZ[ bei -&& ^WijW bei c_b ZÂŒbWh[i feh bei fh[Z_ei$ @kWd ;i# jWY_e" ^[hcWde Z[ 8Wb[h_e" jWc# X_ƒd WfWh[Y[ [djh[ bei WYkiWZei$ @kb_e LWYWY[bW" W][dj[ Ă’iYWb gk[ ehZ[dÂŒ [b jhWibWZe Z[ ;ijW# Y_e Wb 9[djhe Z[ H[^WX_b_jWY_ÂŒd IeY_Wb Z[ LWhed[i" Z[iYWhjÂŒ gk[ bWi WYY_ed[i [cfh[dZ_ZWi YedjhW [b Z_h_][dj[ XWhh_Wb j[d]Wd Wb]k# dW YeddejWY_ÂŒd feb‡j_YW$ ?dZ_YÂŒ gk[ Wbh[Z[Zeh Z[ *&
Z[dkdY_Wi i[ ^_Y_[hed \ehcWb# c[dj[ o l‡W j[b[\ÂŒd_YW" bW cWoe# h‡W feh [ijW\W o Wfhef_WY_ÂŒd _b‡Y_# jW Z[ j[hh[dei feh bW \k[hpW$ 423(34!(¢-
HW‘b Bb[h[dW" WXe]WZe Z[\[d# ieh Z[b [n c_b_jWdj[ Z[ F7?I" fh[i[djŒ kd f[Z_Ze Z[ ikij_jk# Y_Œd Z[ bWi c[Z_ZWi YWkj[bWh[i Z[ ;ijWY_e feh fhe^_X_Y_Œd Z[ iWb_ZW Z[b fW‡i o fh[i[djWhi[ f[h_ŒZ_YWc[dj[ Wb `k[p Z[ ]W# hWdj‡Wi f[dWb[i gk[ i_]k[ bW YWkiW$
# (. ŋ $šŋ )-ŋ'/ ,.) Ŋš KdW f[hj_dWp bbe#
ēŊ 1% 2ĹŠÄƒ+ 2ĹŠ2#ĹŠ. 2#15 -ĹŠ#-ĹŠ+ 2ĹŠ5#-3 -(++ 2ĹŠ"#+ĹŠ (+".ĹŠ/.1ĹŠ#+ĹŠ/ %.ĹŠ"#+ĹŠ (,/4#23.Ä“
/(# #*#)ŋ -*#, ŋ ) , ,ŋ ßÞŋ'#&&)( -ŋ*),ŋ*, #) Ŋ š;b Ckd_Y_f_e Z[ bW
Y_kZWZ Wif_hW h[YWkZWh YWi_ (* c_bbed[i Z[ ZÂŒbWh[i feh [b fW]e Z[b _cfk[ije fh[Z_Wb Z[ (&''$ 7o[h" Y_[djei Z[ f[hiedWi i[ WY[hYWhed Z[iZ[ j[cfhWdWi ^e# hWi fWhW fheY[Z[h Wb fW]e Yed Z[iYk[djei Z[b '& o '( " Z[ [d[# he W `kd_e$ ;b 9WX_bZe i[ jecÂŒ bei Xbe# gk[i ' o ( Z[b WokdjWc_[dje fWhW \WY_b_jWh [b fW]e W bei kikWh_ei$ >WX_b_jÂŒ '+ l[djWd_bbWi o ejhWi WZ_Y_edWb[i [d [b Xbegk[ ) fWhW bWi f[hiedWi Yed Z_iYWfWY_ZWZ o Z[ bW j[hY[hW [ZWZ$ EcWh IjhWYkpp_" Z_h[Yjeh Ă’dWd#
Y_[he Z[b 9WX_bZe" h[_j[hŒ gk[ bei fW]ei gk[ i[ h[Wb_Y[d ZkhWdj[ bW fh_c[hW gk_dY[dW [djh[ bei c[i[i Z[ [d[he o `kd_e" j[dZh|d Z[iYk[d# jei Z[iZ[ [b '& Wb ( $ ;d jWdje gk[ i_ [b fW]e i[ h[Wb_pW [d bW i[]kdZW gk_dY[dW Z[ [ijei c_icei c[i[i" [b Z[iYk[dje [i Z[b / Wb ' $ BW Wj[dY_Œd Wb f‘Xb_Ye [i Z[ bkd[i W l_[hd[i" Z[ &-0&& W '/0&&" c_[djhWi gk[ bei i|XWZei o Ze# c_d]ei i[ WXh[ Z[ /0&& W ',0&&$ IjhWYkpp_ Z[ijWYŒ gk[ de ik# X_Œ [b lWbeh Z[b _cfk[ije fh[Z_Wb fWhW (&''" Z[ WYk[hZe W be gk[ i[ h[iebl_Œ [d [b 9edY[`e 9WdjedWb [b fWiWZe ', Z[ Z_Y_[cXh[$
l_pdW Z[`WXW dejWh [b jƒjh_Ye [iY[dWh_e ZedZ[ jh[i Wkje# cejeh[i Yeb_i_edWhed W +& c[jhei Wdj[i Z[b _d]h[ie W bW fWhhegk_W =kWojWYWcW [d bW fhel_dY_W Z[ 9ejefWn_$ I[]‘d bW _d\ehcWY_ÂŒd eĂ’Y_Wb" [b _dY_Z[dj[ i[ iki# Y_jÂŒ W bW WbjkhW Z[ bW F_[ZhW 9ebehWZW" xh_Ya =edp|b[p" eĂ’Y_Wb ef[hWj_le Z[ bW Feb_Y‡W
DWY_edWb" [nfb_YÂŒ gk[ [d [b _dY_# Z[dj[ fWhj_Y_fWhed kd Xki Z[ bW Yeef[hWj_lW IWdjW gk[ Y_hYkbWXW [d i[dj_Ze ikh Ă„ dehj[" kd YW# c_ÂŒd C_jikX_i^_ XbWdYe Z[ fbW# YWi =BI Ă„ '&. o kd jh|_b[h Wpkb Z[ fbWYWi J7L Ă„ .+, gk[ l_W`WXW Yed Z_h[YY_ÂŒd dehj[ Ă„ ikh$ FheZkYje Z[b WYY_Z[dj[ h[# ikbjWhed \Wbb[Y_Zei @kWd FWXbe J[d[iWYW" Z[ )( W‹ei Z[ [ZWZ o >k]e Hec[e J[d[iWYW YkoW
[ZWZ de \k[ fh[Y_iWZW [d [b ce# c[dje Z[b ^[Y^e$ I[]‘d l[hi_ÂŒd Z[ bei eYkfWdj[i Z[b WkjeX‘i" [bbei i_dj_[hed [b ]eb# f[ fheZkYje Z[b f[hYWdY[ o f[diW# hed gk[ i[ YWoÂŒ W Wb]kdW bWZ[hW$ 7b[`WdZhe 7hj[W]W" Ă’iYWb Z[ jkhde" [nfb_YÂŒ gk[ [\[YjkWh|d bWi _dl[ij_]WY_ed[i f[hj_d[dj[i fWhW [iYbWh[Y[h [b ^[Y^e gk[ [dbkjW W Zei \Wc_b_Wi Z[ bW fhel_dY_W$
#(#-. ,#)ŋ &ŋ *),. ŋ /( #)( ,v ŋ (ŋ -' , & Ŋ š ;b fh[i_Z[dj[
HW\W[b 9ehh[W [d [b fh_c[h [dbWY[ Y_kZWZWde Z[ (&'' WdkdY_Œ [b _d_Y_e Z[ kd fbWd f_beje fWhW h[kX_YWh _dij_jk# Y_ed[i [ijWjWb[i [d Z_\[h[d# j[i Y_kZWZ[i Z[b fW‡i$ I[]‘d [b WdkdY_e" [b C_d_i# j[h_e Z[ :[fehj[i i[h| jhWibWZW# Ze W ;ic[hWbZWi" fhel_dY_W gk[ WfehjW kdW YWdj_ZWZ Z[ Z[feh# j_ijWi Z[ Wbje h[dZ_c_[dje$ BW dej_Y_W YWkiŒ iWj_i\WY# Y_Œd o [iY[fj_Y_ice [djh[ bWi
f[hiedWi l_dYkbWZWi Yed [b Z[# fehj[ [d bW fhel_dY_W$ >kcX[hje 8kije J[bbe" cƒZ_Ye gk[ jhWXW`W fWhW [b Z[fehj[ fhel_dY_Wb" iW# bkZW bW Z[Y_i_ÂŒd fh[i_Z[dY_Wb$ Æ<[b_Y_je Wb Fh[i_Z[dj[1 oW [hW ^ehW gk[ i[ ^_Y_[hW `kij_Y_W Yed ;ic[hWbZWi" W^ehW [if[he gk[ bW fh[i[dY_W Z[b C_d_ij[h_e [d [ijW Y_kZWZ i_hlW fWhW c[`ehWh bWi _dijWbWY_ed[i Z[fehj_lWi" Wj[dZ[h W bei d_‹ei o `ÂŒl[d[i o [l_jWh gk[ ƒijei i[ lWoWd W ejhWi fhel_dY_Wi1 gk[ de [n_ijW kdW
WYj_jkZ feb_j_gk[hW Z[ gk_[d[i be lWd W cWd[`WhÇ$ BW `[\W Z[ bW :_h[YY_ÂŒd Z[ :[# fehj[i Z[b Ckd_Y_f_e Z[ ;ic[hWb# ZWi" F_bWh J[deh_e CWhj‡d[p Yed# i_Z[hW gk[ Æ[ij| Z[ceijhWZe gk[ iÂŒbe Yed bW YWdj[hW de feZ[cei iWb_h WZ[bWdj[" i[ d[Y[i_jW Z[ kdW c[`eh Wj[dY_ÂŒd" i_ [b C_d_ij[h_e \kdY_edW [d [ijW Y_kZWZ" feZ[cei Z[iYkXh_h o Wj[dZ[h Z[ c[`eh \eh# cW W bei jWb[djei$ E`Wb| i[ Ykc# fbWÇ" Yec[djÂŒ bW [n i[b[YY_edWZW [YkWjeh_WdW Z[ X|igk[jXeb$
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ć
4"(#-!( ĹŠ$ ++("
Ĺ—ĹŠ ĹŠĹŠ7o[h i[ ikif[dZ_ÂŒ bW WkZ_[dY_W Z[ fhej[YY_ÂŒd feh
ēŊ 1#""8Ŋ -, 13~-ĔŊ)4#9Ŋ _!(,.Ŋ #1!#1.Ŋ"#Ŋ 1 -3~ 2Ŋ #- +#2ĔŊ8Ŋ+.2Ŋ .% ".2Ŋ"#$#-2.1#2Ŋ"#Ŋ+.2Ŋ4-($.1, ".2ēŊ .2Ŋ1#24+3 ".2Ŋ2#Ŋ!.-.!#1;-Ŋ#-Ŋ$# 1#1.ē
# . Ĺ‹*)&# v -Ĺ‹'6-Ĺ‹ Ĺ‹*,#-#š( +ĹŠ)4#9ĹŠ"#ĹŠ+ ĹŠ! 42 ĔŊ 1#""8ĹŠ -, 13~-ĔŊ !#/3¢Ŋ#+ĹŠ/#"(".ĹŠ"#+ĹŠ (2! +ĹŠ8ĹŠ"(!3¢Ŋ+ ĹŠ /1(2(¢-ĹŠ/1#5#-3(5 ĹŠ"#ĹŠ+.2ĹŠ4-($.1, ".2Ä“ :[iZ[ Wo[h ied i_[j[ feb_Y‡Wi c|i bei gk[ \k[hed l_dYkbWZei W bW _dijhkYY_ÂŒd Ă’iYWb gk[ i[ WXh_ÂŒ Yed [b Yehed[b HebWdZe JWf_W" [n `[\[ Z[ bW ;iYebjW B[]_ibWj_lW" fWhW _dl[ij_]Wh kd WfWh[dj[ Z[b_# je Z[ Wj[djWZe W bW i[]kh_ZWZ _d# j[h_eh Z[b ;ijWZe" Yece fheZkYje Z[ bei ^[Y^ei Z[b )& Z[ i[fj_[c# Xh[ Z[ (&'& )&#I $ ;b fh_c[he [d i[h _cfkjWZe Z[ [ij[ ikfk[ije Z[b_je \k[ [b Ye# hed[b JWf_W" [b fWiWZe , Z[ eYjk# Xh[$ Bk[]e o [d fheY[ie WfWhj[" i[ _d_Y_ÂŒ fWhW [b feb_Y‡W CWhYe J_# X|d" ^[hcWde Z[ bW WiWcXb[‡ijW Z[ FWY^Wakj_a" BekhZ[i J_X|d$ ;b j[hY[he \k[ YedjhW [b cWoeh @W# l_[h DeXeW o Wo[h fWhW bei i_[j[ kd_\ehcWZei$ ;b Ă’iYWb Z[ bW YWkiW" C_]k[b @khWZe" Wh]kc[djÂŒ gk[ Z[ bWi _d# l[ij_]WY_ed[i h[Wb_pWZWi Z[djhe Z[b fh[i[dj[ YWie" i[ eXi[hlWd gk[ [n_ij[d \kdZWc[djei ikĂ’#
Y_[dj[i ieXh[ bW fh[ikdjW fWhj_Y_# fWY_ÂŒd Z[ bei i_[j[ Ăˆieif[Y^eieiÉ" feh be gk[ h[iebl_ÂŒ l_dYkbWhb[i W bW _dijhkYY_ÂŒd Ă’iYWb$ FWhW [b [\[Yje" [b \kdY_edWh_e Z[ bW <_iYWb‡W Z_e b[YjkhW" ZkhWd# j[ kdW ^ehW" W lWh_Wi fWhj[i Z[b fheY[ie [d _dl[ij_]WY_ÂŒd" Yece ied bWi fh[ikdjWi fhk[XWi Ze# Ykc[djWb[i" j[ij_ced_Wb[i" l_# Z[ei o WkZ_ei" f[he [d d_d]‘d cec[dje Z_ij_d]k_ÂŒ Yk|b \k[ bW fWhj_Y_fWY_ÂŒd _dZ_l_ZkWb Z[ YWZW kde Z[ bei dk[lei _cfkjWZei [d [b Z[b_je f[igk_iWZe$ JeZei bei WXe]WZei Z[ bW Z[# \[diW ^_Y_[hed dejWh [ijW fWh# j_YkbWh_ZWZ" fk[i i[]‘d i[‹W# bWhed" bW _cfkjWY_ÂŒd Z[X[ i[h cej_lWZW" YbWhW o fh[Y_iW" Z[jW# bbWdZe [d be fei_Xb[ [b ]hWZe Z[ fWhj_Y_fWY_ÂŒd Z[ bei ieif[Y^e# iei" f[he [d [ij[ YWie i[ be ^_pe Z[ kdW cWd[hW ][d[hWb_pWZW o cko lW]W$
31 Ŋ5(-!4+ !(¢ŊŊ -Ŋ#+Ŋ 49% ".Ŋ _!(,.Ŋ #1!#1.Ŋ"#Ŋ ŗ 1 -3~ 2Ŋ #- +#2Ŋ"#Ŋ (!'(-!' Ŋ345.Ŋ
+4% 1ĹŠ+ ĹŠ 4"(#-!( ĹŠ"#ĹŠ5(-!4+ !(¢-ĹŠ"#+ĹŠ /.+(!~ ĹŠ 4(2ĹŠ 13~-#9ĹŠ (+ -#9ĔŊ#-ĹŠ+ ĹŠ (-2314!!(¢-ĹŠ$(2! +ĹŠ04#ĹŠ(-5#23(% ĹŠ#+ĹŠ/1#Äą 24-3.ĹŠ"#+(3.ĹŠ"#ĹŠ3#-3 3(5 ĹŠ"#ĹŠ 2#2(- 3.ĹŠ !.-31 ĹŠ#+ĹŠ 1#2("#-3#ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! Ä“ ĹŠ#23#ĹŠ4-($.1, ".ĹŠ2#ĹŠ+#ĹŠ' 1~ ĹŠ ("#-3(ă! ".ĹŠ!.,.ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ /#12.- 2ĹŠ04#ĹŠ43(+(9¢Ŋ+.2ĹŠ,#"(.2ĹŠ"#ĹŠ !.,4-(! !(¢-Ŋĸ1 "(.Äą/ 314++ ĚŊ"#ĹŠ+ ĹŠ .+(!~ ĹŠ/ 1 ĹŠ(-23(% 1ĹŠ ĹŠ242ĹŠ!.,/  #Äą 1.2ĹŠ ĹŠ04#ĹŠ, 3#-ĹŠ +ĹŠ/1#2("#-3#ĹŠ $ #+ĹŠ .11# ēŊ ĹŠ 4"(#-!( ĹŠ2#ĹŠ!4,/+(¢Ŋ#+ĹŠ / 2 ".ŊĊćŊ"#ĹŠ"(!(#, 1#ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄ‡Ä“
-$.1,#
7o[h" [b [n c_d_ijhe Z[b ?dj[h_eh" =kijWle @Wba^" h[c_j_ÂŒ [b _d\eh# c[ ieXh[ bei ^[Y^ei )&#I Wdj[ [b Ă’iYWb @eh][ 9Wde$ ;b _d\ehc[ YedijW Z[ )& ^e`Wi$ BWi '& fh_# c[hWi" [b [n C_d_ijhe bWi h[bWjW Yed Z[jWbb[i o bWi (& h[ijWdj[i Yehh[ifedZ[d W fWigk_d[i o cW_bi gk[ ikfk[ijWc[dj[ Y_h# YkbWXWd [djh[ bei kd_\ehcWZei" Wdj[i o Z[ifkƒi Z[b )&#I$
(23
.2ĹŠ(,/43 ".2
ŗŊ 1%#-3.Ŋ 1(.Ŋ +.1#2Ŋ 5 11#3# ŗŊ .Ŋ #%4-".Ŋ .2_Ŋ #1#"( Ŋ +.1#2 ŗŊ .Ŋ #%4-".Ŋ "(2.-Ŋ / 3 Ŋ 8.+ ŗŊ .Ŋ"#Ŋ .+(!~ Ŋ 1(#+Ŋ 4!#1.Ŋ .13(++ ŗŊ 4 3#-(#-3#Ŋ # -Ŋ #5#+.Ŋ #¢ŗŊ .+(!~ Ŋ 6#1Ŋ (, -! 2Ŋ '(-!'#Ŋ ŗŊ 1%#-3.Ŋ #%4-".Ŋ 423.Ŋ 11 2!.Ŋ 1
.ĹŠ04#ĹŠ"(!#ĹŠ+ ĹŠ #8
#ĹŠ+.2ĹŠ #+(3.2ĹŠ!.-31 ĹŠ+ #%41(" "ĹŠ -3#1(.1ĹŠ"#+ĹŠ 23 ". ĹŠĹŠ 13Ä“ĹŠÄˆÄŠÄ‡Ä“ÄąĹŠ +ĹŠ04#ĹŠ#-ĹŠ!4 +04(#1ĹŠ$.1, ĹŠ Ĺ—.ĹŠ/.1ĹŠ!4 +04(#1ĹŠ,#"(.ĹŠ2#ĹŠ +9 1#ĹŠ!.-31 ĹŠ
#+ĹŠ . (#1-.ĔŊ!.-ĹŠ#+ĹŠ. )#3.ĹŠ"#ĹŠ"#2!.Äą -.!#1ĹŠ+ ĹŠ .-23(34!(¢-ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! ĔŊ "#ĹŠ"#/.-#1ĹŠ +ĹŠ . (#1-.ĹŠ!.-23(34(".ĔŊ (,/#"(1ĹŠ+ ĹŠ1#4-(¢-ĹŠ"#+ĹŠ .-%1#2.ĹŠ.ĹŠ "(2.+5#1+.ĔŊ.ĹŠ/1.5.! 1ĹŠ+ ĹŠ%4#11 ĹŠ!(5(+ĔŊ 2#1;ĹŠ1#/1(,(".ĹŠ!.-ĹŠ1#!+42(¢-ĹŠ, 8.1ĹŠ"#ĹŠ !4 31.ĹŠ ĹŠ.!'.ĹŠ  .2Ä“ ĹŠĹŠ +ĹŠ !3.ĹŠ#7(23#ĹŠ"#2"#ĹŠ04#ĹŠ' 8ĹŠ3#-3 3(5 ĹŠ Ĺ—/4-( +#Ä“
/ 4Ĺ‹#(-#-.#,6Ĺ‹ (Ĺ‹ (., ! Ĺ‹ Ĺ‹ #( ),' #š(Ĺ‹* , ŋĒ (!/ , # Ä“ JhWi '. Z‡Wi Z[b i[Yk[ijhe Z[ bWi iWZe '- Z[ Z_Y_[cXh[$ YecfkjWZehWi gk[ Yedj_[d[d bW _d\ehcWY_ÂŒd Z[ bW h[l_ijW LWd# 1#2ĹŠ1#2.+4!(.-#2 ]kWhZ_W" feh kdW ikfk[ijW ;b `k[p Z[ =WhWdj‡Wi F[# Z[kZW Z[ _dgk_b_dWje" [b ĹŠ dWb[i Z[b =kWoWi" Ă›d][b WXe]WZe Z[\[dieh =[hWh# HkX_e =Wc[" [c_j_ÂŒ jh[i h[iebkY_ed[i Yedij_jkY_e# Ze 7]k_hh[ i[‹WbÂŒ gk[ bW i[cWdW fWiWZW bW H[l_ijW +ĹŠ ("#(!.,(2.ĹŠ dWb[i [d ZedZ[ i[ ehZ[# .ĹŠ ;2ĹŠ YWdY[bÂŒ bW ikfk[ijW Z[kZW ,/4-(" "ĔŊ ĹŠ dW bW [djh[]W _dc[Z_WjW Z[ '*$+,& ZÂŒbWh[i feh [b 31 5_2ĹŠ"#ĹŠ4- ĹŠ Z[ Z_Y^W _d\ehcWY_ÂŒd$ -(" "ĹŠ"#ĹŠ Whh_[dZe Z[b beYWb" Wdj[ kd #23(¢-ĔŊ1# +(9¢Ŋ I_d [cXWh]e" [d bWi jh[i 4-ĹŠ/1.!#2.ĹŠ"#ĹŠ `kp]WZe Z[ _dgk_b_dWje [d !. !3(5 2ĔŊ/.1ĹŠ4-ĹŠ eYWi_ed[i bW Z_b_][dY_W i[ 24/4#23.ĹŠ(,/ Äą ikif[dZ_ÂŒ$ bW Y_kZWZ Z[ Gk_je$ %.ĹŠ"#+ĹŠ(-,4# +#ĹŠ F[i[ W [ije" bei h[fh[# ".-"#ĹŠ$4-!(.- Äą :[ ik fWhj[" [b @k[p i[djWdj[i Z[b c[Z_e Z[ ĹŠÄĽ -%4 1"( ÄŚÄ“ 9edij_jkY_edWb i[‹WbÂŒ gk[ i[]k_h| _di_ij_[dZe fWhW Yeckd_YWY_ÂŒd W‘d de ^Wd feZ_Ze WYY[Z[h W bWi Yef_Wi Z[ bW gk[ i[ YkcfbW ik Z_ifei_Y_ÂŒd$ _d\ehcWY_ÂŒd gk[ Yedj_[d[d bei HkX_e =Wc[ Z_`e gk[ feh [b Z[# Z_iYei Zkhei i[Yk[ijhWZei [b fW# h[Y^e W bW _dj_c_ZWZ W bW fhef_[#
ZWZ fh_lWZW o Wb Z[h[Y^e Z[ [ijWh _d\ehcWZe [ _d\ehcWh" Z_ifkie gk[ i[ [djh[]k[ Yef_Wi Z[ bW _d# \ehcWY_ÂŒd$ 7Z[c|i" W]h[]ÂŒ" gk[ Æ[d [ij[ YWie ^W ^WX_Ze _dYkcfb_c_[dje o \WbjW Z[ \ehcWb_ZWZÇ$ 9edYbkoÂŒ gk[ Z[j[hc_dWh| o YeehZ_dWh| kdW dk[lW ^ehW o \[Y^W fWhW gk[ i[ Zƒ Ykcfb_c_[dje W ik Z_ifei_Y_ÂŒd$
2ĹŠ"(+(%#-!( 2 ;b fWiWZe )& Z[ Z_Y_[cXh[ [b dejWh_e Iƒfj_ce" Bk_i LWh]Wi >_deijhepW" de Wi_ij_ÂŒ W bW Z_b_# ][dY_W fehgk[ i[ [dYedjhWXW Yed b_Y[dY_W o CWhY_W DWhWd`e" dejW# h_W ikfb[dj[" i[ [nYkiÂŒ WZkY_[d# Ze gk[ feh jhWjWhi[ Z[ kd Wikdje
bW ^ecebe]WY_Œd Z[ `kZ_Y_Wb[i gk[ fh[i[djŒ bW <[Z[hWY_Œd DWY_edWb Z[ 7ieY_WY_ed[i @k# Z_Y_Wb[i Z[b ;YkWZeh <[dW`[ [d YedjhW Z[b 9edi[`e Z[ bW @kZ_YWjkhW$ BW `k[pW :ƒY_ce J[hY[hW Z[ =WhWdj‡Wi F[dWb[i Ikfb[dj[ =[hcWd‡W JWf_W" cWd_\[ijŒ gk[ de i[ fk[Z[ bb[lWh W YWXe bW Z_b_][dY_W" feh de [ijWh fh[i[dj[ [b h[fh[i[djWdj[ Z[ bW FheYkhWZkh‡W =[d[hWb Z[b ;ijWZe" feh be gk[ _d\ehcŒ W bei h[fh[i[djWdj[i Z[ bW <[dW# `[" gk[ i[ i[‹WbWh| dk[lW ^ehW o \[Y^W fWhW bW WkZ_[dY_W$
-! 43 -ĹŠ!.! ~-
ŗŊ ŊŊ Ŋě BW Feb_Y‡W [ifW# ‹ebW _dj[hl_de YWi_ ,+& a_bei Z[ YeYW‡dW eYkbjei [d Yedj[# d[Zeh[i gk[ jhWdifehjWXWd fb|jWdei cWY^e fheY[Z[dj[i Z[ ;YkWZeh o Z[jkle W eY^e f[hiedWi$ BWi _dl[ij_]WY_ed[i Yec[dpWhed [d del_[cXh[ fWiWZe" YkWdZe i[ jkle YedeY_c_[dje Z[ gk[ kdW XWdZW Z[Z_YWZW Wb dWhYejh|# ÒYe fh[fWhWXW kd [dl‡e Z[ YeYW‡dW Z[iZ[ ;YkWZeh" gk[ j[d‡W Yece Z[ij_de [b fk[hje Z[ 7b][Y_hWi$
+ĹŠ!;13#+ĹŠ"#ĹŠ _7(!.ĹŠ ./#1 ĹŠ#-ĹŠ !4 ".1ĹŠ8ĹŠ #1ĂŒ
ŗŊ ŊŊ;b Y|hj[b Z[ I_dWbeW j_[d[ Zei XWdZWi WhcWZWi [d F[h‘"
¥ ēŊ:-%#+Ŋ 4 (.Ŋ ,#ĔŊ )4#9Ŋ"#Ŋ 1 -3~ 2Ŋ #- +#2Ŋ"#+Ŋ 4 8 2ē
Z[" _dj[hƒi dWY_edWb" [i fh[\[h_Xb[ gk[ WYj‘[ [b j_jkbWh Z[ bW dejWh‡W$ ;b (( Z[ Z_Y_[cXh[ o (- Z[ Z_# Y_[cXh[ jWcX_ƒd i[ YWdY[bWhed bWi Z_b_][dY_Wi$ ;d [iWi eYWi_e# d[i FW‘b 7dZhƒi 9WX[pWi 7h[# bbWde" Z[fei_jWh_e `kZ_Y_Wb" Z_`e de ^WX[h i_Ze dej_Ă’YWZe$
Z[Z_YWZWi W bW fheZkYY_Œd Z[ YeYW‡dW o cWh_]kWdW" i[]‘d kdW Z[dkdY_W gk[ bW 9kWhjW <_iYWb‡W 9edjhW [b 9h_c[d Eh]Wd_pWZe fh[i[djŒ Wb FeZ[h @kZ_Y_Wb f[hkWde$ BW eh]Wd_pWY_Œd [ij| Z_l_Z_ZW [d Zei ]hkfei0 kde i[ [dYWh]W Z[b WYef_e o fheY[iWc_[dje Z[ bW Zhe]W [d bW b‡d[W Z[ \hedj[hW Z[ F[h‘1 o [b i[]kdZe" Z[b jhWibWZe Z[ bW ikijWdY_W _b‡Y_jW ^WY_W [b ;YkWZeh" fWhW i[h Yec[hY_Wb_pWZW [d ;khefW e ;ijWZei Kd_Zei$
ć
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
# $ ,)-Ćŋ -š&)ŋýŋ&#.,)-ŋŋ (Ĺ‹ # -Ĺ‹ & )"š&# BW 7ZkWdW Z[b ;YkWZeh _d\eh# cÂŒ gk[ W fWhj_h Z[b fh_c[he Z[ [d[he Yec[dpÂŒ W Wfb_YWhi[ kdW h[ijh_YY_ÂŒd [d bei Whj‡Ykbei gk[ jhW[d bei l_W`[hei Z[b [nj[h_eh" [djh[ [bbei" bW YWdj_ZWZ Z[ X[X_# ZWi WbYe^ÂŒb_YWi$ ;djhÂŒ [d l_][dY_W bW ceZ_Ă’# YWY_ÂŒd Wb Whj‡Ykbe ( Z[ bW h[iebk# Y_ÂŒd ==D De$ &-(." gk[ h[Zk`e [b d‘c[he Z[ b_jhei Z[ X[X_ZWi WbYe^ÂŒb_YWi gk[ fk[Z[ _d]h[iWh Wb fW‡i kd l_W`[he$ BW h[iebkY_ÂŒd ceZ_Ă’YW [b ?di# jhkYj_le fWhW bW :[j[hc_dWY_ÂŒd Z[ ;\[Yjei F[hiedWb[i Z[b L_W`[# he o bei FheY[iei fWhW [b Yedjheb Z[ ?d]h[ie Z[ bWi C[hYWdY‡Wi Jh_XkjWXb[i W jhWlƒi Z[ bei 7[# hefk[hjei ?dj[hdWY_edWb[i Z[b ;YkWZeh$ I[ h[[cfbWpÂŒ bW \hWi[ Æc|n_ce + b_jhei Z[ X[X_ZWi Wb# Ye^ÂŒb_YWiÇ feh bW \hWi[ Æc|n_ce ) b_jhei Z[ X[X_ZWi WbYe^ÂŒb_YWiÇ$
'*& )Ĺ‹ -. ( )Ĺ‹ (Ĺ‹ &)-ŋÄ&.#')-Ĺ‹ / .,)Ĺ‹ ˜) #2#ĹŠ +ĹŠ 4#-ĹŠ/1#!(.ĹŠ"#+ĹŠ/#31¢+#.ĔŊ#+ĹŠ 24 #,/+#.ĹŠÄ„4!34¢Ŋ#-ĹŠ3 2 2ĹŠ!#1! - 2ĹŠ +ĹŠÄŽÄ‡Ĺ˜ĹŠ8ĹŠ#+ĹŠ"#2#,/+#.ĹŠ"#+ĹŠÄˆÄ‡Ĺ˜Ä“ BW i_jkWY_ÂŒd bWXehWb Z[b fW‡i de ^W _Ze d_ fWhW Wjh|i d_ fWhW WZ[bWdj[ [d bei YkWjhe W‹ei Z[ ][ij_ÂŒd Z[b =eX_[hde WYjkWb$ ;ije f[i[ W gk[ i[ ^Wd h[]_i# jhWZe Wbjei _d]h[iei f[jheb[# hei" ieXh[ jeZe [d (&&. o [d (&&/" Wb h[Ykf[hWhi[ [b fh[Y_e _dj[hdWY_edWb Z[b YhkZe$ I[]‘d bei ZWjei Z[b ?dij_# jkje DWY_edWb Z[ ;ijWZ‡ij_YWi o 9[diei ?D;9 " bWi jWiWi Z[ ikX[cfb[e i[ cWdjkl_[hed [d Wbh[Z[Zeh Z[b +& o bWi Z[ Z[i[cfb[e Y[hYWdWi Wb '& [d [ij[ ‘bj_ce f[h‡eZe$ H[i# f[Yje W bW eYkfWY_ÂŒd fb[dW i[ cWdjkl_[hed [djh[ [b )& o *& l[h h[YkWZhe $ @W_c[ 9Whh[hW" j_jkbWh Z[b EXi[hlWjeh_e Z[ Feb‡j_YW <_i# YWb EF< " WdejÂŒ gk[ i[ jhWjW Z[ kd fheXb[cW ^_ijÂŒh_Ye gk[ [b WYjkWb =eX_[hde de fkZe ikf[hWh f[i[ W bei \WlehWXb[i fh[Y_ei Z[b YhkZe$ Æ9ecfW#
hWdZe bWi ‘bj_cWi ZƒYWZWi" [b ik# X[cfb[e ^W [ijWZe [d Wbh[Z[Zeh Z[b +& " fkdjei cWi" fkdjei c[dei o [b Z[i[cfb[e [djh[ [b + o '& Ç" WdejÂŒ$
#/1. ¢Ŋ#+Ŋ  .
I_jkWY_ÂŒd gk[ Z[ck[ijhW gk[ Æ[b =eX_[hde h[fheXÂŒ [b W‹e [d [b j[cW [cfb[eÇ" W]h[]ÂŒ CWh# Ye BÂŒf[p" [n ][h[dj[ Z[b 8WdYe 9[djhWb Z[b ;YkWZeh 89; feh# gk[ Æ[b Xk[d e cWb cWd[`e Z[ bW feb‡j_YW [YedÂŒc_YW i[ h[Ă“[`W [d bWi lWh_WXb[i ieY_Wb[i o kdW Z[ bWi fh_dY_fWb[i [i [b [cfb[e" ie# Xh[ jeZe bW Z[ [cfb[e fb[de gk[ de ^W Yh[Y_ZeÇ$ F[he Æbe ]hWl[ [i gk[ [d bei ‘bj_cei YkWjhe W‹ei ^W ^WX_Ze kd Xeec f[jheb[he Yed [b gk[ i[ Z[X_ÂŒ i[djWh bWi XW# i[i fWhW ][d[hWh c|i \k[dj[i Z[ [cfb[eÇ" WfkdjÂŒ 9Whh[hW$ (&&. \k[ [b W‹e Yed c[`eh[i _d]h[iei f[jheb[hei$ ;b fh[Y_e Z[b XWhh_b ikf[hÂŒ bei '&& ZÂŒ# bWh[i$ O [d [b W‹e gk[ Ă’dWb_pÂŒ
ēŊ Ŋ"#2.!4/ !(¢-Ŋ#2Ŋ4-Ŋ/1. +#, Ŋ2.!( +Ŋ04#Ŋ1#/#1!43#Ŋ#-Ŋ+.2Ŋ -(5#+#2Ŋ"#Ŋ(-2#%41(" "Ŋ41 - ē
[b fh[Y_e i[ h[Ykf[hÂŒ bb[]WdZe ieXh[ bei -& ZÂŒbWh[i$ F[he ÆjeZe [i[ Z_d[he i[ ^W _Ze [d ]Wije f‘Xb_Ye" Z[ ^[Y^e" [d jƒh# c_dei Z[b FheZkYje ?dj[hde 8hkje F?8 " [b ]Wije i[ Zkfb_YÂŒ" iÂŒbe [d ik[bZei i[ fWiÂŒ Z[b * o + h[i# f[Yje Z[b F?8 FheZkYje ?dj[hde 8hkje Wb '( o [d ikXi_Z_ei Z[b ) Wb , Ç" YedYbkoÂŒ$ O Wkdgk[ bW _dl[hi_ÂŒd f‘Xb_YW jWcX_ƒd Yh[Y_ÂŒ" BÂŒf[p [nfb_YÂŒ gk[ Æ[cfb[e Z[ bW _dl[hi_ÂŒd f‘Xb_YW
de [i f[hcWd[dj[ fehgk[ ZkhW [b j_[cfe gk[ bb[lW ^WY[h bW eXhWÇ$ :[ ejhe bWZe" BÂŒf[p i[‹WbÂŒ gk[ [iW Ăˆ_do[YY_ÂŒd Z[ b_gk_Z[pÉ Wb fW‡i i[ \k[ ieXh[ jeZe Wb ]Wije Z[ Yedikce$ F[he Æ[b Yec[hY_e de [i kd ]hWd ][d[hWZeh Z[ [c# fb[e$ Be gk[ c|i ][d[hW fk[ijei Z[ jhWXW`e [i bW _dZkijh_W f[he bW _dl[hi_ÂŒd fh_lWZW ^W Z[YW‡Ze" [djedY[i de ^W ^WX_Ze YedZ_Y_e# d[i fWhW gk[ [b [cfb[e c[`eh[Ç" YedYbkoÂŒ BÂŒf[p$
#2#,/+#.
<JD<I8C;8J
HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef (-' [\ cX :kX% :k\% Ef% *+-+)),/'+ g\i$ k\e\Z`\ek\ X M@CC8:@J E8I8EAF#J8EK@8>F$M@E@$ :@F [\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/ ( XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef -)( 8C .)' [\ cX :kX% :k\% Ef% *(/).'*('+ g\ik\e\$ Z`\ek\ X JFJ8 >8I:@8# :8I$ CFJ$O8M@<I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ ) XX
@D989LI8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ),( 8C )/' [\ cX :kX% :k\% Ef% *+)0,..''+ g\i$ k\e\Z`\ek\ X :?8E;P M8C<E:@8#N8J?@E>KFE$ J8CFDFE [\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/ * XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ('*0 mXcfi ),'#'' [\ cX :kX% :k\% Ef% *('0*.),'+ g\ik\e\Z`\ek\ X :<EKIF ;< I<?89@C@K8:@FE CLQ P M@;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:&-0/ + XX
CFJ I@FJ
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (-(/ [\ cX :kX% :k\% Ef% *(/()0-+'+ g\ik\e\Z`\ek\ X I@<I8 A@D<E<Q# D8EL<C$ A8M@<I [\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:&-0/ , XX
D8E89@
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef */. 8C *// [\ cX :kX% :k\%
Ef% **0-/((,'+ g\ik\e\$ Z`\ek\ X :?8M<Q M<I8# :<$ J8I$<;L8I;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ - XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef )(-0 8C )(.) [\ cX :kX% :k\% Ef% *)/*'*-('+ g\i$ k\e\Z`\ek\ X M<I8 IL@Q# B8K@LJB8$=89@FC8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:&-0/ . XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef (''0 [\ cX :kX% :k\% Ef% *+,++/.,'+ g\ik\e\Z`\ek\ X D8:@8J CFFI# ?FC><I$ <;L8I;F [\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/ / XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef )(-- mXcfi *'/#+' [\ cX :kX% :k\% Ef% *(,*/*'.'+ g\ik\e\Z`\ek\ X :?FE> :89I<I8# D8EL<C$=<C@O [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:&-0/ 0 XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (*(.$(*,( [\ cX :kX% :k\% Ef% *)-+**+,'+ g\ik\e\Z`\ek\ X DFC@E8 DFC@E8# I8DFE8$ ;FCFI<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:&-0/ (' XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ()*+ [\ cX :kX% :k\% Ef% *(-.,,//'+ g\ik\e\Z`\ek\ X :8C;<IFE M8C8I<QF# ALCP$;8M@J [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (( XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef *.( 8C +*' [\ cX :kX% :k\% Ef%
*++/)'(''+ g\ik\e\Z`\ek\ X @EKI@8>F :?@:8# <L><$ E@F$<JK<98E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ () XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ((-. [\ cX :kX% :k\% Ef% *+)*.)(,'+ g\ik\e\Z`\ek\ X D<I8 D<I8# 8E><C$D@$ >L<C [\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:&-0/ (* XX
G@:?@E:?8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef )/( mXcfi ()(#(, [\ cX :kX% :k\% Ef% *+-).+,('+ g\ik\e\Z`\ek\ X >8@9FI 8>L@C8I# D8I@8$;< CFLI$ ;<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:&-0/ (+ XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ('-, mXcfi (*-#-' [\ cX :kX% :k\% Ef% *)-)),-,'+ g\ik\e\Z`\ek\ X JFJ8 8I8LQ#AFI><$8C<O8E;<I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:&-0/ (, XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef -+., mXcfi */0#)' [\ cX :kX% :k\% Ef% **/+/'(/'+ g\ik\e\Z`\ek\ X 8>I@:FC8 <EKI<I@FJ J#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:&-0/ (- XX
J8EKF ;FD@E>F
HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ().( 8C (**' [\ cX :kX% :k\% Ef% *(-'-0)''+ g\ik\e\$ Z`\ek\ X I8DFE ;8M@C8# ALC@F$:<J8I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (. XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef *)(/ [\ cX :kX% :k\% Ef%
*(-'.+*.'+ g\ik\e\Z`\ek\ X ELE<Q ELE<Q#C8LI8$ 8JLE:@FE [\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/ (/ XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef -++ mXcfi (''#'' [\ cX :kX% :k\% Ef% *(-(,+,*'+ g\ik\e\Z`\ek\ X Q8D9I8EF 9I8MF#8;@JJFE$?LD9<I$ KF [\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/ (0 XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ((.- [\ cX :kX% :k\% Ef% *+,0/**.'+ g\ik\$ e\Z`\ek\ X Q8D9I8EF DFA8II8E>F#AFJ<$G8LC [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:&-0/ )' XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ()') [\ cX :kX% :k\% Ef% *+,0/**.'+ g\ik\$ e\Z`\ek\ X Q8D9I8EF DFA8II8E>F#AFJ<$G8LC [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcX$ dXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX gl$ Yc`ZXZ`�e% 8:&-0/ )( XX
KLE>LI8?L8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ('/ [\ cX :kX% :k\% Ef% *+.)((/('+ g\i$ k\e\Z`\ek\ X Q8DFI8 J8E:?<Q#J8E;I8$G8KI@$ :@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:&-0/ )) XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ((/ [\ cX :kX% :k\% Ef% *+.*0)+*'+ g\ik\e\Z`\ek\ X 98IIFJF A@E<Q#DFE@:8$ ;< CFJ 8E><C<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:&-0/ )* XX 444444
HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef ('+0 [\ cX :kX% :k\% Ef% *+*)+''-'+ g\ik\e\Z`\ek\ X :FD@K< GIF D<AFI8J ;< C8 G8IIFHL@8 J8E 9 [\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/ )+ XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef **'. [\ cX :kX% :k\% Ef% *(+/-),,'+ g\ik\e\Z`\ek\ X J@E:?@>L8EF ;<=8Q# :<$ J8I$8;I@8E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ ), XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef +.0$+/, [\ cX :kX% :k\% Ef% *)/)),*0'+ g\i$ k\e\Z`\ek\ X 98II<I8 CC<I<E8#=<IE8E;F$I8$ =8<C [\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:&-0/ )- XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (0) [\ cX :kX% :k\% Ef% *+-*(-(('+ g\ik\e\Z`\ek\ X G@CC8 :LI@G8CCF#9<IK?8$ G@C8I [\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:&-0/ ). XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ,'' [\ cX :kX% :k\% Ef% **0+-(+,'+ g\ik\e\Z`\ek\ X :?L>:?@C8E M<>8# D8$ I@8$<C<E8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ )/ XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef )*'. [\ cX :kX% :k\% Ef% *)(-*0,''+ g\ik\e\Z`\ek\ X <J:F98I <J:F98I# D8I$ :F$8EKFE@F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\$ Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ )0 XX 444444
4 ĹŠ#,/+#.ĹŠ8ĹŠ.!4/ ".2
#1~.".ŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊŊ #2#,/+#.ŊŊŊŊŊŊŊ 4 #,/+#.ŊŊŊ !4/ !(¢-Ŋ/+#-
Ĺ—ĹŠ ĹŠ31(,#231#ľĉććÄ?ĹŠ Ĺ—ĹŠĹŠ ĹŠ31(,ēŊĉććÄ?ĹŠ Ĺ—ĹŠĹŠ31(,ēŊĉććđŊ Ĺ—ĹŠ ĹŠ31(,ēŊĉććđŊ Ĺ—ĹŠ ĹŠ31(,ēŊĉććĒŊ Ĺ—ĹŠ ĹŠ 1(,ŊĉććĒŊ Ĺ—ĹŠ ĹŠ31(,ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠ ĹŠ ĹŠ 31(,Ä“ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠ Ĺ— 4#-3#ĹŠ
Ä‘Ä“Ä‘Ĺ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä?Ä“ÄˆĹ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä?Ä“Ä’Ĺ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä?Ä“ÄŠĹ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ đēÄ?Ĺ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä?Ä“Ä’Ĺ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä’Ä“ÄˆĹ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ Ä?Ä“ÄŒĹ˜ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ
ĹŠÄŽÄ‘Ä“ÄŽĹ˜ĹŠ ÄŽÄ‡Ä“Ä‰Ĺ˜ĹŠ ÄŽÄ‰Ä“ÄŠĹ˜ĹŠ ĹŠÄŒÄ‘Ä“Ä‘Ĺ˜ĹŠ ĹŠÄŽÄˆÄ“Ä’Ĺ˜ĹŠ ĹŠÄŽÄ‡Ä“ÄŽĹ˜ĹŠ ĹŠÄŽÄˆÄ“ÄŠĹ˜ĹŠ ĹŠÄŒÄ’Ä“Ä?Ĺ˜ĹŠ
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ
ĊĉēÄ?ÄŽ ČĉēÄ?Ĺ˜ ÄŠÄ‘Ä“Ä‘Ĺ˜ ČĊēÄ?Ĺ˜ ÄŠÄ‘Ä“Ä‘Ĺ˜ ÄŠÄ‘Ä“Ä‘Ĺ˜ ÄŠÄ?Ä“Ä?Ĺ˜ ÄŒÄˆÄ“Ä’Ĺ˜
/-.#./#,6(ŋ &ŋ* (ŋ )(ŋ0 , ŋ)ŋ3/ ŊěŊ Bei Yedikc_Ze#
h[i Z[ fWd fefkbWh [d bW fhe# l_dY_W Z[b =kWoWi" de [ij|d Z_ifk[ijei W Z[iWokdWh Yed [ij[ fheZkYje" Z[X_Ze W bW [b[lWY_ÂŒd Z[b fh[Y_e Z[ '& W '( Y[djWlei Z[ ZÂŒbWh$ 7o[h" c_[djhWi [d Z_l[hiWi fWdWZ[h‡Wi i[ [n^_X‡W [b dk[# le lWbeh Z[b fWd XW`e [b `kij_# Ă’YWZe Z[ _dYh[c[dje Wb Yeije Z[ bW ^Wh_dW Z[ )& W ). ZÂŒbW# h[i" bei YecfhWZeh[i Z_`[hed gk[ XkiYWh|d ejhWi Wbj[hdW# j_lWi dkjh_Y_edWb[i Yece [b fb|jWde o bW okYW$ Æ;ije [i c|i dkjh_j_le" i_ [b fWd ikX[ YecWcei l[hZ[ e okYWÇ" Z_`e F[Zhe 9ehj[p" kd YecfhWZeh Z[b i[Yjeh ikh Z[ bW Y_kZWZ$ EjhWi fWdWZ[h‡Wi ^Wd Z[Y_Z_Ze de ikX_h [b fh[Y_e ^WijW de W]ejWh bW ^Wh_dW gk[ W‘d cWdj_[d[d [d WbcWY[# dWc_[dje$ 9ed [ije" [b fWd
[cf[pÂŒ W Yec[hY_Wb_pWhi[ [d '( Y[djWlei Z[ ZÂŒbWh o Wb]kdei fWd_\_YWZeh[i WZl_hj_[hed gk[ cWdj[dZh|d [b fh[Y_e eĂ’Y_Wb Z[ '& Y[djWlei ^WijW W]ejWh bW ^W# h_dW gk[ j_[d[d WbcWY[dWZW$ Æ;b Yeije Z[ bW ^Wh_dW ^W ikX_Ze [d YWi_ eY^e ZÂŒbWh[i ZkhWdj[ jeZe [b c[i Z[ Z_Y_[cXh[$ Kd Yeije Ă’dWb Z[ ). ZÂŒbWh[iÇ" [nfb_YÂŒ kd fWd_Ă’YWZeh$ ;b Yedikc_Zeh Ă’dWb i[ ceijhÂŒ YedjhWh_WZe feh [ij[ _dYh[c[dje" _dYbkie" ^kXe gk_[d[i i[‹WbWhed gk[ XkiYWh|d kd Wb_c[dje ikij_# jkje fWhW [b fWd$ ;b[dW 9WcfkpWde" jhWi gk[# `Whi[ feh [b _dYh[c[dje" Z_`e gk[ Wkdgk[ Z[XW b[lWdjWhi[ c|i j[c# fhWde [d bW cW‹WdW [bWXehWh| [b Z[iWokde Z[ iki ^_`ei Yed b[Y^[" gk[ie" fWjWYed[i e Xebed[i$ Æ;ijW [i kdW \ehcW Yece j[hc_dWh Yed [b WXkie Z[ bei fheZkYjeh[i Z[ ^W# h_dWÇ" Z_`e bW ck`[h$
Ą Ąŋ3ŋ ( 4/ & ąŋ ŋ '#!) ¥ Ŋ ĔŊ Ŋ ŊěŊ
ēŊ 4# +.Ŋ!.-31 Ŋ/4# +.ĖŊ/.+(!~ 2Ŋ"(2/ 1 -Ŋ Ŋ+.2ŊŊ !3(5(23 2Ŋ#-Ŋ/+#-.Ŋ!#-31.Ŋ"#Ŋ Ŋ 9ēŊ
ĹŠ, 1!' ĹŠ 31;2ĹŠ #-ĹŠ#+ĹŠÄĽ% 2.+(- 9.ÄŚĹŠ ,#- 9 ĹŠ ĹŠ,(-(2Äą 31.2ĹŠ"#+ĹŠ -" 3 Äą 1(.ĹŠ .+(5( -.Ä“
ĹŠ ĹŠ ĔŊ Äą ĹŠÄ› BW cWhY^W Wjh|i [d bW deY^[ Z[ 7‹e Dk[le [d kd ZhWYed_Wde Wkc[dje Z[b fh[Y_e Z[ bei YecXkij_Xb[i [d 8eb_l_W [i f[hY_X_ZW Yece kdW Z[hhejW feb‡j_YW Z[b fh[i_Z[dj[ ;le CehWb[i o bei fbWjei hejei feZh‡Wd fW]Whbei Wb]kdei Z[ iki c_d_ijhei$ CehWb[i \_hcÂŒ kd Z[Yh[je ^WY[ / Z‡Wi fWhW ikX_h bei YWh# XkhWdj[i ^WijW [d .) " [b c|i Wbje Z[ bW ^_ijeh_W" o + Z‡Wi Z[i# fkƒi jkle gk[ Z[he]Whbe jhWi l_eb[djWi fhej[ijWi ieY_Wb[i [d iki XWij_ed[i [b[YjehWb[i" Yece bWi Y_kZWZ[i Z[ BW FWp o ik l[# Y_dW ;b 7bje o 9eY^WXWcXW" gk[ i[ iWbZWhed Yed '+ ^[h_Zei o (' Z[j[d_Zei$ Kd fheY[ie _dĂ“WY_edWh_e WY# j_lÂŒ bWi fhej[ijWi Wkdgk[ jhWi bW WdkbWY_ÂŒd Z[ bW dehcW bei fh[# Y_ei Z[ bei Wb_c[djei Yec[dpW# hed W [ijWX_b_pWhi[ b[djWc[dj[$
#!3(ă! !(¢-
;d kdW dk[lW ck[ijhW Z[ bW _dY[hj_ZkcXh[ Z[ bW i_jkWY_ÂŒd" [b =eX_[hde i[‹WbÂŒ [b Zec_d]e gk[ i‡ ikX_h‡W [b fh[Y_e Z[ bei YecXkij_Xb[i f[he [ijW l[p Æ[d YedikbjW Yed [b fk[XbeÇ" i[]‘d Z_`e [b l_Y[fh[i_Z[dj[ Ă›blWhe =WhY‡W B_d[hW$ BWi Yh‡j_YWi W bW bWXeh Z[ lW# h_ei c_d_ijhei Z[b fh[i_Z[dj[ CehWb[i WĂ“ehWhed Wo[h" jhWi bWi fh_c[hWi [lWbkWY_ed[i Z[ be gk[ eYkhh_ÂŒ [d bW ‘bj_cW i[cWdW$ Æ>kXe kd cWb Wi[iehWc_[d# je Z[ fWhj[ Z[ Wb]kdei c_d_i# jhei" ik =WX_d[j[ b[ \WbbÂŒ Wb Fh[i_Z[dj[Ç" WĂ’hcÂŒ bW _dl[ij_# ]WZehW o ZeY[dj[ kd_l[hi_jWh_W >[b[dW 7h]_hWa_i" gk_[d h[iWbjÂŒ
bW [gk_leYWY_ÂŒd gk[ ikfkie ^W# Y[h [i[ WdkdY_e Wb Z‡W i_]k_[dj[ Z[ DWl_ZWZ o i_d YWbYkbWh bW h[# WYY_ÂŒd fefkbWh$ +ĹŠ, +ĹŠ, -#).
Æ>Wo bW f[hY[fY_ÂŒd Z[ gk[ ^W ^WX_Ze kdW Z[\_Y_[dY_W [d [b cWd[`e [YedÂŒc_Ye" Z[ bWi fe# b‡j_YWi [YedÂŒc_YWi Z[b fW‡i" ^W ^WX_Ze kdW Wd_cWZl[hi_ÂŒd _dd[Y[iWh_W feh fWhj[ Z[b c_# d_ijhe gk[ cWd[`W [b ]WX_d[j[ [YedÂŒc_Ye Bk_i 7hY[ ^WY_W [b i[Yjeh fheZkYj_leÇ" i[‹WbÂŒ [b fh[i_Z[dj[ Z[b feZ[heie ]h[# c_e Z[ [cfh[iWh_ei fh_lWZei :Wd_[b I|dY^[p$ :[iZ[ bW efei_Y_ÂŒd bWi Yh‡j_# YWi i[ YedY[djhWd [d 7hY[ o [d [b c_d_ijhe Z[ >_ZheYWhXkhei" <[hdWdZe L_dY[djj_$ ÆFeh ƒj_YW" bei c_d_ijhei Z[ >_ZheYWhXkhei o Z[ ;Yedec‡W [d bWi fhÂŒn_cWi (* ^ehWi Z[X[# h‡Wd h[dkdY_Wh fehgk[ i[ ^W Yed# Ă’hcWZe [b \hWYWie [d [b cWd[`e Z[ [ijei Zei i[Yjeh[iÇ" Z_`e [b Z_# fkjWZe efei_jeh 7Zh_Wd Eb_lW$ BW WdWb_ijW 7h]_hWa_i" Y[hYW# dW Wb eĂ’Y_Wb_ice" jWcX_ƒd Z_`e gk[ Æj_[d[ gk[ ^WX[h YWcX_ei \k[hj[i [d [b ]WX_d[j[$ ;i kd ]W# X_d[j[ gk[ be WYecfW‹W ^WY[ + W‹ei" Yh[e gk[ [i kd Xk[d ce# c[dje fWhW ^WY[h YWcX_eiÇ$ 7]h[]ÂŒ gk[ Wb]kdWi Wkjeh_ZW# Z[i Æ[ij|d Yed kdW WYj_jkZ cko ieX[hX_W \h[dj[ W bW h[Wb_ZWZÇ$ .+#1 -!( ĹŠ8ĹŠ/+41 +(2,.
@kWd :[b =hWdWZe" b‡Z[h Z[b efei_jeh fWhj_Ze Z[ Y[djhe" Cel_c_[dje I_d C_[Ze" f_Z_ÂŒ Wb fh[i_Z[dj[ CehWb[i ÆkdW l[hZWZ[hW h[YedZkYY_ÂŒd feb‡# j_YW fWhW h[lWbeh_pWh" h[ijWXb[# Y[h o h[Ykf[hWh kd l[hZWZ[he fheY[ie Z[ jhWdi\ehcWY_ÂŒd [d [b fW‡iÇ" Yed Æjeb[hWdY_W o fbk# hWb_ice Z[ceYh|j_YeÇ$ :[b =hWdWZe" [n WbYWbZ[ Z[ bW FWp" ^W i_Ze i[‹WbWZe feh [b =eX_[hde Yece fhecejeh Z[ bWi fhej[ijWi o ƒb ^W i_Ze kd Yh‡j_Ye Z[ bW feb‡j_YW eĂ’Y_Wb Z[
(4" " -.2 1#3(1 1.-ŊĉććŊ ,(++.-#2Ŋ"# +.2Ŋ -!.2Ŋ ŊŊŊ .2Ŋ .+(5( -.2Ŋ1#3(1 1.-Ŋ +Ŋ,#-.2Ŋ ŗĉććŊ,(++.-#2Ŋ"#Ŋ"¢+ 1#2Ŋ"#Ŋ+.2Ŋ
-!.2ĹŠ/.1ĹŠ3#,.1ĹŠ ĹŠ4-ĹŠÄĽ!.11 +(3.ÄŚĹŠ .ĹŠ1#3#-!(¢-ĹŠ"#ĹŠ"#/¢2(3.2ĹŠ8ĹŠ ĹŠ4- ĹŠ /1#!( !(¢-ĹŠ 142! ĹŠ"#ĹŠ+ ĹŠ,.-#" ĹŠ .+(5( - ĔŊ(-$.1,¢Ŋ 8#1ĹŠ#+ĹŠ . (#1-.ĹŠ 04#ĹŠ !42¢Ŋ ĹŠ+ ĹŠ./.2(!(¢-ĹŠ"#ĹŠ/1./ Äą % 1ĹŠ14,.1#2ĹŠ#-ĹŠ#2#ĹŠ2#-3(".Ä“ +ĹŠ,(-(231.ĹŠ"#ĹŠ . (#1-.Ŋĸ -3#Äą 1(.1ĚĔŊ !' ĹŠ +.1#-3(ĔŊ"().ĹŠ04#ĹŠ#2 ĹŠ ! -3(" "ĹŠ"#ĹŠ$.-".2ĹŠ$4#1.-ĹŠ1#3(1 ".2ĹŠ /.1ĹŠ+.2ĹŠ '.11 ".1#2ĹŠ"#ĹŠ+ 2ĹŠ#-3(" "#2ĹŠ ă- -!(#1 2ĔŊ2. 1#ĹŠ3.".ĹŠ#+ĹŠ/ 2 ".ŊĉĒŊ "#ĹŠ"(!(#, 1#Ä“ #%ĂŒ-ĹŠ#+ĹŠ (-(231.ĔŊ#+ĹŠ#,/1#2 1(.ĹŠ "#ĹŠ!#,#-3.ĹŠ8ĹŠ./.2(3.1ĹŠ ,4#+ĹŠ .1( ĹŠ #"(- ĔŊ)#$#ĹŠ"#ĹŠ+ ĹŠ$4#19 ĹŠ -(" "ĹŠ !(.- +ĔŊ' +¢Ŋ"#ĹŠ14,.1#2ĹŠ2. 1#ĹŠ+ ĹŠ /1#!( !(¢-ĹŠ$4#13#ĹŠ"#ĹŠ+ ĹŠ,.-#" ĹŠ .Äą +(5( - ĹŠ$1#-3#ĹŠ +ĹŠ"¢+ 1ĹŠ8ĹŠ! 42¢Ŋ04#ĹŠ+.2ĹŠ '.11 ".1#2ĹŠ1#3(1 2#-ĹŠ242ĹŠ"¢+ 1#2Ä“
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ĉ
;b fhedkdY_Wc_[dje i[ Z_e bk[]e Z[ gk[ bW i[Yh[jWh_W Z[ ;i# jWZe dehj[Wc[h_YWdW" >_bbWho 9b_djed" o [b fh[i_Z[dj[ l[d[pe# bWde" >k]e 9^|l[p" Yedl[hiWhed Xh[l[c[dj[ [d 8hWi_b_W [b fWiWZe i|XWZe" [d bW jecW Z[ fei[i_ÂŒd Z[ bW dk[lW fh[i_Z[djW XhWi_b[# ‹W" :_bcW Hekii[Ăľ$ .-Ä„(!!3.ĹŠ1#24#+3.
BW Yedl[hiWY_ÂŒd \k[ Æcko Xh[# l[Ç [ _d\ehcWb" Z[YbWhÂŒ W fh[]kd# jWi Z[ bei f[h_eZ_ijWi 9hemb[o" gk_[d h[Y^WpÂŒ YedĂ’hcWh i_ 9b_d# jed o 9^|l[p ^WXbWhed Z[b j[cW Z[ bei [cXW`WZeh[i$ I_d [cXWh]e" jeZWi bWi l[h# i_ed[i WfkdjWd W gk[ Wbb‡ i[ h[# iebl_ÂŒ [b YedĂ“_Yje o ;;$KK$ de# c_dWh| W ejhe Z_fbec|j_Ye Yece [cXW`WZeh [d 9WhWYWi$
¥ ēŊ (++ 18Ŋ +(-3.-ĔŊ2#!1#3 1( Ŋ"#Ŋ 23 ".Ŋ"#Ŋ ē ĔŊ2#Ŋ2 +4"¢Ŋ!.-Ŋ 4%.Ŋ ';5#9ĔŊ/1#2("#-3#Ŋ"#Ŋ #-#94#+ ēŊ .2Ŋ, -" 3 1(.2Ŋ -3.2Ŋ8Ŋ ( #1 Ŋ+.2Ŋ !.,/ Ĺ  -ēŊ
6HD SDUWH GH QXHVWUR HVSHF DO
Yed\hedjWY_ÂŒd Yed h[]_ed[i efe# i_jehWi$ #"#!(#-".ĹŠ +ĹŠ/4# +.
;d h[ifk[ijW W bW Z[cWdZW Z[ YWcX_e [d [b ]WX_d[j[" [b c_d_i# jhe Z[ bW Fh[i_Z[dY_W" EiYWh 9eYW" XhWpe Z[h[Y^e Z[ CehWb[i" i[‹WbÂŒ gk[ Æ[i kdW Wjh_XkY_ÂŒd Yedij_jk# Y_edWb Z[b i[‹eh Fh[i_Z[dj[" gk_[d [d ik cec[dje l[h| h[if[Yje W bWi Z[Y_i_ed[i Z[ YWZW kde Z[ bei c_# d_ijhei o c_d_ijhWiÇ$ ;b eĂ’Y_Wb_ice" _dj[djWdZe b_# c_jWh [b ZW‹e feh jeZe [ij[ YWÂŒ# j_Ye [f_ieZ_e" [ij| cWd[`WdZe kd Z_iYkhie [d [b YkWb i[‹WbW gk[ be _cfehjWdj[ [i gk[ [b CWdZWjWh_e [iYkY^ÂŒ Wb fk[Xbe o feh [ie h[# l_hj_ÂŒ bW c[Z_ZW$ Æ9h[e gk[ bW _cW][d Z[b Fh[# i_Z[dj[ ^W iWb_Ze \ehjWb[Y_ZW fehgk[ ^W ceijhWZe Wb fk[Xbe [b \kdZWc[dje Z[b =eX_[hde gk[ [i [b ]eX[hdWh `kdje W bei Y_kZW# ZWdei o de WZefjWh c[Z_ZWi gk[ lWoWd W f[h`kZ_YWhbeiÇ" i[‹WbÂŒ [b c_d_ijhe Z[ =eX_[hde ?dj[h_eh " IWY^W Bbeh[dj_$ ;b l_[hd[i CehWb[i Z_`e gk[ [iYkY^WXW Wb fk[Xbe o b[ eX[# Z[Y‡W o gk[ feh [iW hWpÂŒd Z[# he]WXW [b Z[Yh[je Z[ WbpW [d bei YecXkij_Xb[i$
$5 FO
Ĺ‹ ,,). Ĺ‹ 0)Ĺ‹ ), & -
BW dec_dWY_ÂŒd Z[ BWhho FWbc[h Yece [cXW`WZeh [ijWZekd_Z[d# i[ [d 9WhWYWi" Ykoe h[Y^Wpe feh [b =eX_[hde l[d[pebWde fhele# YÂŒ kd Wbj[hYWZe Z_fbec|j_Ye" Ægk[ZÂŒ i_d [\[YjeÇ Yed [b Y_[hh[ b[]_ibWj_le Z[b 9ed]h[ie [d Z_# Y_[cXh[" Z[YbWhÂŒ Wo[h kd leY[he eĂ’Y_Wb$ Æ9h[e gk[ bW dec_dWY_ÂŒd Z[ FWbc[h gk[ZÂŒ i_d [\[Yje \ehcWb# c[dj[ Yed [b Y_[hh[ Z[b ‘bj_ce 9ed]h[ie" Wi‡ gk[ [djh[ bei j[# cWi gk[ j[dZh[cei gk[ [lWbkWh [ij| gkƒ ^WY[h" W fWhj_h Z[ bei fWiei gk[ L[d[pk[bW Z[iW\eh# jkdWZWc[dj[ jecÂŒĂ‡" Z[YbWhÂŒ [b fehjWlep Z[b :[fWhjWc[dje Z[ ;ijWZe" F^_b_f 9hemb[o" [d hk[# ZW Z[ fh[diW$
1 X ',(7$6 W /2 /,*+7 U (0%$5$=2 L &,58*Ă‹$6 F &$/25Ă‹$6 L y (-(5&,&,2 Q
&LHUUH /XQHV GH (QHUR GH 5HVHUYH VX HVSDFLR 7HOI
ĉ
ŋ */ &# ()-ŋ- ŋ #-*)( (ŋ ŋ )'*&# ,& ŋ& ŋ0# ŋ ŋ ' ŋ
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ĔŊ ŊěŊ;b fh[i_Z[dj[
(++.-#2ĹŠĹŠ /.1ĹŠ4-ĹŠ5.+!;ĹŠ -.ĹŠ"#ĹŠ+.2ĹŠ !.-3#!(,(#-3.2ĹŠ04#ĹŠ Ĺ—,;2ĹŠ++ ,¢Ŋ+ ĹŠ 3#-!(¢-ĹŠ"#ĹŠ+.2ĹŠ,#"(.2ĔŊ + ĹŠ#14/!(¢-ĹŠ"#+ĹŠ5.+!;-ĹŠ(2+ -"_2ĹŠ 8) $) ++ )¨*4++ĹŠ#-ĹŠ 1(+ĔŊ/ 1 +(9¢Ŋ #+ĹŠ31;ă!.ĹŠ _1#.ĹŠ#41./#.ĹŠ"41 -3#ĹŠ 2#, - 2ĹŠ8ĹŠ3#1,(-¢Ŋ!.23 -".ĹŠÄĄ,(+#2ĹŠ "#ĹŠ,(++.-#2ĢŊ ĹŠ+ 2ĹŠ #1.+~-# 2Ä“
ĹŠĹŠ!.,/#3(".1 ĹŠ"#ĹŠ 4-(!'ĹŠ #ĔŊ + ĹŠ24(9 ĹŠ 6(22ĹŠ #ĹŠ' ~ ĹŠ(-"(! ".ĹŠ 4-.2ŊĉĉĉēćććŊ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ "#ĹŠ"  .2ĹŠ8ŊĉÄ?ćēćććŊ,4#13#2Ä“
: ēŊ +Ŋ3#11#,.3.Ŋ#-Ŋ '(+#ĔŊ4-.Ŋ"#Ŋ+.2Ŋ/#.1#2Ŋ"#+Ŋ  .Ŋ/ 2 ".ēŊ 1!'(5.
ĂźÄƒĂżÄ„ĂşĂşĂşĹ‹'/ ,.)-Ĺ‹ (Ĺ‹0 ,#)-Ĺ‹ - -., #11#,.3.2ĔŊ(-4-" !(.-#2ĔŊ'41 ! -#2ĹŠ8ĹŠ .31.2ĹŠ$#-¢,#-.2ĹŠ! 42 1.-ĹŠ/_1"(" 2ĹŠ#-ĹŠ Ä‰Ä‡ÄˆÄ‡ĹŠ/.1ĹŠÄˆÄŠÄ‡Ä“Ä‡Ä‡Ä‡ĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2Ä“ : ĔŊ ĔŊ ŊěŊ J[hh[#
cejei [d >W_j‡ o 9^_b[ e _dkd# ZWY_ed[i [d FWa_ij|d o 9^_dW ^_Y_[hed Z[ (&'& kd W‹e j[hh_Xb[ [d cWj[h_W Z[ Z[iWijh[i dWjkhW# b[i" gk[ Z[`ÂŒ (/+$&&& ck[hjei o ')&$&&& c_bbed[i Z[ ZÂŒbWh[i Z[ ZW‹ei" WĂ’hcÂŒ Wo[h bW cWoeh h[W# i[]khWZehW Z[b ckdZe" bW Wb[cW# dW Ckd_Y^ H[$ ;b W‹e fWiWZe \k[ [b c|i ceh# j‡\[he Z[iZ[ '/.) o bW i[gk‡W [d ;j_ef‡W gk[ Z[`ÂŒ )&&$&&& ck[h# jei" i[]‘d [i[ _d\ehc[$ ;d jejWb" Ckd_Y^ H[ YedjWX_# b_pÂŒ /+& Z[iWijh[i dWjkhWb[i [d
(&'&" kdW Y_\hW cko ikf[h_eh W bW c[Z_W Z[ bei ‘bj_cei jh[_djW W‹ei ,'+ $ ;ijei Z[iWijh[i Z[`Whed YkW# jhe l[Y[i c|i l‡Yj_cWi gk[ bW c[Z_W Z[iZ[ '/.& (/+$&&& ck[hjei YedjhW ,,$&&& o \k[hed c|i Yeijeiei ')&$&&& c_bbed[i Z[ ZÂŒbWh[i YedjhW kdW c[Z_W Z[ /+$&&& c_bbed[i KI: " .13~$#1.2ĹŠ8ĹŠ!.23.2.2
[b Yb_cW" gk[ fWh[Y[ _dZ_YWh kdW Yedj_dkWY_Œd Z[b YWb[djWc_[dje ]beXWb" i[‹WbŒ [b _d\ehc[$ BWi YWj|ijhe\[i c|i cehj‡\[# hWi \k[hed [b j[hh[ceje Z[ [d[he [d >W_j‡ ((($+-& ck[hjei # kde Z[ bei c|i _cfehjWdj[i Z[ bei ‘bj_cei Y_[d W‹ei #" bW ebW Z[ YW# beh o bei _dY[dZ_ei \eh[ijWb[i Z[b l[hWde Xeh[Wb [d Hki_W +,$&&& ck[hjei o [b i_ice Z[ WXh_b [d 9^_dW ($-&& ck[hjei $ Bei Z[iWijh[i c|i Yeijeiei \k[hed [b j[hh[ceje Z[ \[Xh[# he [d 9^_b[" gk[ fheleYŒ ZW‹ei feh )&$&&& c_bbed[i Z[ ZŒbWh[i o Z[`Œ +(& ck[hjei" o bWi _dkd# ZWY_ed[i Z[ `kb_e W i[fj_[cXh[ [d FWa_ij|d /$+&& c_bbed[i Z[ KI: o '$-,& ck[hjei $
Æ;b W‹e [ijkle cWhYWZe feh kdW hWhW WYkckbWY_ÂŒd Z[ j[hh[cejei _cfehjWdj[iÇ o kd d‘c[he [b[lW# Ze Z[ YWj|ijhe\[i l_dYkbWZWi Yed (#-#ĹŠ+.ĹŠ/#.1 ;d bei fW‡i[i c|i Z[iWhhebbWZei" bWi YWj|ijhe\[i \k[hed feYe ceh# j‡\[hWi f[he cko YeijeiWi o Yed ]hWl[i Yedi[Yk[dY_Wi fWhW bWi Wi[]khWZehWi$ ;khefW EYY_Z[djWb \k[ iWYkZ_# ZW feh bW jehc[djW Nodj^_W [d \[# Xh[he ,+ ck[hjei1 ,$'&& c_bbed[i Z[ ZÂŒbWh[i Z[ ]Wijei" kd cedje [d ik c_jWZ Wi[]khWZe " o ;ijWZei Kd_Zei feh jehdWZei" gk[ fhele# YWhed ZW‹ei feh *$-&& c_bbed[i KI: [b -+ Wi[]khWZe $ I_ bei ^khWYWd[i \k[hed h[bWj_# lWc[dj[ Z[lWijWZeh[i" [b YWb[d# jWc_[dje Z[ bei eYƒWdei" Ægk[ oW de fk[Z[ i[h [nfb_YWZe iÂŒbe feh bWi eiY_bWY_ed[i dWjkhWb[iÇ" fhe# c[j[ c|i j[cfehWZWi Z_\‡Y_b[i [d bei fhÂŒn_cei W‹ei" Z[ WYk[h# Ze Yed lWh_ei Y_[dj‡ÒYei$
8WhWYa EXWcW Z[X[h| ]eX[h# dWh W fWhj_h Z[ [ijW i[cWdW Yed kd dk[le 9ed]h[ie Zec_dWZe feh bW efei_Y_Œd h[fkXb_YWdW" gk[ oW fhec[j_Œ Yecfb_YWhb[ bW i[]kdZW fWhj[ Z[ ik cWdZWje [ _dj[djWh [l_jWh ik h[[b[YY_Œd$ 9ece Yedi[Yk[dY_W Z[ bW Z[hhejW ik\h_ZW feh bei Z[cŒ# YhWjWi [d bWi b[]_ibWj_lWi Z[ de# l_[cXh[" [b FWhj_Ze H[fkXb_YW# de ]epW W^ehW Z[ cWoeh‡W [d bW 9|cWhW Z[ H[fh[i[djWdj[i o j_[d[ kdW c_deh‡W YWfWp Z[ Xbegk[Wh bWi c[Z_ZWi gk[ i[ Wfhk[XWd [d [b I[dWZe$ I_d [cXWh]e" EXWcW Yed# i_]k_Œ h[Ykf[hWhi[ Z[b \hWYWie [d bWi khdWi Yed bW WfheXWY_Œd Z[ lWh_Wi b[o[i \kdZWc[djWb[i fWhW ik =eX_[hde$
.2ĹŠ_7(3.2
;b Fh[i_Z[dj[ [ijWZekd_Z[di[ fheckb]ÂŒ kd dk[le Yecfhe# c_ie Ă’iYWb" YWcX_Wh bW b[o gk[ _cf[Z‡W W bei c_b_jWh[i ^ece# i[nkWb[i h[l[bWh ik YedZ_Y_ÂŒd o hWj_Ă’YWh [b dk[le jhWjWZe Z[ Z[iWhc[ dkYb[Wh IJ7HJ Yed Hki_W$ F[he bW dk[lW \Wi[ Z[ ik cWdZWje fh[i_Z[dY_Wb [cf_[pW cW‹WdW" Yed [b _d_Y_e Z[ kd 9ed#
]h[ie Yed dk[lW Yecfei_Y_ÂŒd$
Ŋ1##+#!!(¢-
EXWcW Z[X[h| i[h |]_b [d bWi d[]eY_WY_ed[i Yed bW efei_Y_ÂŒd i_ gk_[h[ bb[]Wh Yed Y^WdY[i W bWi fh[i_Z[dY_Wb[i Z[ (&'($ Bei h[fkXb_YWdei ^Wh|d YkWbgk_[h YeiW fWhW _cf[Z‡h# i[be0 [b b‡Z[h Z[ bW c_deh‡W [d [b I[dWZe" [b Yed]h[i_ijW C_j# Y^ CY9edd[bb" ^W WZl[hj_Ze oW gk[ ik fh_dY_fWb eX`[j_le i[h| _cf[Z_h gk[ EXWcW efj[ feh bW h[[b[YY_ÂŒd$ 31.2ĹŠ 3 04#2
;b fWhj_Ze h[fkXb_YWde WjWYWh|" [d fh_c[h bk]Wh" bW h[\ehcW Z[b i_ij[cW Z[ iWbkZ" kde Z[ bei fkdjei \k[hj[i Z[b fhe]hWcW [b[YjehWb Z[ EXWcW [d (&&." bW YkWb [if[hWd WdkbWh [d bW 9|# cWhW Z[ H[fh[i[djWdj[i [ij[ c_ice [d[he" _dYbkie Wdj[i Z[b jhWZ_Y_edWb Z_iYkhie fh[i_Z[d# Y_Wb W Ă’d[i Z[ c[i$ BW Z[kZW f‘Xb_YW o [b ZÂƒĂ’Y_j fh[ikfk[ijWh_e i[ Yedl[hj_h|d [d [b ejhe ]hWd ÆYWcfe Z[ XWjW# bbWÇ [djh[ WcXei fWhj_Zei$ C_[djhWi" bW fh[diW Wi[]k# hW gk[ EXWcW YWcX_Wh| W kdW fWhj[ Z[ iki YebWXehWZeh[i fWhW h[\ehpWh ik [gk_fe$
,)( -Ĺ‹- +/ ,)(Ĺ‹ ÄƒÄ Ĺ‹ $ -Ĺ‹ Ĺ‹- !/,# ĹŠ ĔŊ ŊěŊ Kdei bWZhe#
d[i Wfhel[Y^Whed bei \[ij[`ei Z[ 7‹e Dk[le fWhW iWgk[Wh /- YW`Wi Z[ i[]kh_ZWZ Z[ bW XŒl[# ZW Z[ kdW ikYkhiWb Z[b [ijWjWb 8WdYe Z[ bW Fhel_dY_W Z[ 8k[# dei 7_h[i 8Wfhe " [b i[]kdZe cWoeh Z[ 7h][dj_dW$ ;b heXe \k[ Z[iYkX_[hje Wo[h"
YkWdZe bei [cfb[WZei Z[ bW eĂ’# Y_dW Z[b XWdYe [d bW pedW dehj[ Z[ 8k[dei 7_h[i" Z[iYkXh_[hed gk[ bei bWZhed[i ^WX‡Wd YWlW# Ze kd j‘d[b fWhW WYY[Z[h W bW XÂŒl[ZW$ 9[dj[dWh[i Z[ Yb_[dj[i gk[# ZWhed W bW [if[hW Z[ iWX[h i_ [i# j|d [djh[ bWi l‡Yj_cWi Z[b heXe$
+45( 2ĹŠ(-4-" -ĹŠ ĹŠ 4231 +(
+ĹŠ,#-.2ĹŠÄˆÄ‡ĹŠ/#12.- 2ĹŠ' -ĹŠ,4#13.ĹŠ ĹŠ! 42 ĹŠ"#ĹŠ+ 2ĹŠ(-4-" !(.-#2ĹŠ#-ĹŠ #+ĹŠ#23 ".ĹŠ"#ĹŠ 4##-2+ -"ĔŊ +ĹŠ-.1#23#ĹŠ"#ĹŠ 4231 +( ĔŊ".-"#ĹŠ#+ĹŠ )_1!(3.ĹŠ !.,#-9¢Ŋ ĹŠ"(231( 4(1ĹŠ/1.5(2(.-#2ĹŠ#-ĹŠ+ 2ĹŠ9.- 2ĹŠ,;2ĹŠ $#!3 " 2Ä“
., 3#ĹŠ!.-31 ĹŠ ++#-#1.2
#3 -ĹŠ% 2#2ĹŠ-.!(5.2
++#-#1.2Ŋ) /.-#2#2Ŋ#-Ŋ#+Ŋ !_ -.Ŋ -3;13(!.Ŋ'.1 2Ŋ"#2/4_2Ŋ"#Ŋ04#Ŋ+.2Ŋ !.-2#15 !(.-(23 2Ŋ(-3#1!#/3 1 -Ŋ Ŋ31#2Ŋ 1/.-#1.2Ŋ-(/.-#2ĔŊ(-$.1, 1.-Ŋ +.2Ŋ#!.+.%(23 2ēŊ Ŋ.1% -(9 !(¢-Ŋļ # Ŋ '#/'#1"Ŋ .-2#15 3(.-Ŋ .!(#38ČŊ "().Ŋ04#Ŋ31#2Ŋ ++#-#1.2Ŋ"(2/ 1 1.-Ŋ!.-Ŋ!  .-#2Ŋ"#Ŋ %4 Ŋ!.-31 Ŋ 1!.2Ŋ "#Ŋ+.2Ŋ#!.+.%(23 2ē
Ģ ģŋ ŋ / ŋ, .#ð šŋ& ŋ*,)"# # #š(ŋ ŋ& -ŋ #'*),. #)( -ŋ ŋ- #-ŋ.#*)-ŋ ŋ! - -ŋ* ,$/ # # & -ŋ * , ŋ& ŋ * ŋ ŋ)4)()Ąŋ ŋ #-*)-# #š(ŋ / ŋ &#'#Ě ( ,ŋ& -ŋ#'*),. #)( -ŋ ŋ& -ŋ )'*, -ŋ (ŋ &ŋ 2. Ě ,#),ŋ ŋ&)-ŋ &),)ó/),) , )()-ŋĢ -ģŋÝÝąŋÝßąŋÝýąŋ ÝÝýąŋÝÝÞąŋÝÝÿąŋ '6-ŋ &ŋ. ., &),/,)ŋ ŋ , )()Ą
} ĔŊ ŊěŊ !3(5(23 2Ŋ"#$#-2.1#2Ŋ"#Ŋ+ 2Ŋ ++#- 2Ŋ2#Ŋ#-$1#-3 1.-Ŋ!.-Ŋ
Ŋ ĔŊ Ŋěŋ ŋ ð #( ŋ Z (# ŋ ŋ 4)()ŋ
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
ÄŠ
2/#!(#2ĹŠ ,#- 9 " 2
¥ ēŊ Ŋ!.-!#-31 !(¢-Ŋ"#Ŋ%#-3#Ŋ#2Ŋ4- Ŋ"#Ŋ+ 2Ŋ/1(-!(/ +#2Ŋ ,#- 9 2ē
&Ĺ‹ /&&# #)Ĺ‹ Ĺ‹ / ()-Ĺ‹ #, -Ĺ‹
Ŋ!(4" "Ŋ"#+Ŋ3 -Ĺ %.Ŋ2#1~ Ŋ+ Ŋ04#Ŋ ,;2Ŋ!.-3 ,(- Ĺ !(¢-Ŋ2.-.1 Ŋ/1.Ĺ "4!#Ŋ#-Ŋ+ Ŋ1#%(¢-ēŊ
Ŋš BW YWf_jWb Z[ 7h][dj_dW [i bW c|i hk_ZeiW Z[ jeZW 7cƒh_YW BW# j_dW" WĂ’hcW kd [ijkZ_e Z[ bW 7][d# Y_W Z[ Fhej[YY_ÂŒd 7cX_[djWb Z[b =eX_[hde Z[ 8k[dei 7_h[i$ BW _dl[ij_]WY_ÂŒd" gk[ YedĂ’h# cW ^WbbWp]ei Z[ _dl[ij_]WY_ed[i Wdj[h_eh[i Z[ bW Eh]Wd_pWY_ÂŒd CkdZ_Wb Z[ bW IWbkZ ECI " jWcX_ƒd kX_YW W bW khX[ Yece bW YkWhjW Yed cWoeh YedjWc_dWY_ÂŒd iedehW Z[b fbWd[jW" Z[jh|i Z[ Dk[lW Oeha" Jea_e o DW]WiWa_$
.-!#-31 !(¢-Ŋ/. + !(.- +
7 f[iWh Z[ bW [n_ij[dY_W Z[ [i# jh_YjWi c[Z_ZWi fWhW YecXWj_h [b hk_Ze" bW i_jkWY_ÂŒd de [ij| c[`e# hWdZe [d 8k[dei 7_h[i" _dZ_YW [b [ijkZ_e$ BWi hWped[i gk[ bW ^WY[d jWd _dYÂŒceZW fWhW bei e‡Zei ied lW# h_Wi$ FWhW [cf[pWh" YWi_ kd j[hY_e Z[ bei *& c_bbed[i Z[ ^WX_jWdj[i Z[ 7h][dj_dW h[i_Z[d [d bW YWf_# jWb o iki Wbh[Z[Zeh[i" be gk[ [gk_# lWb[ W ckY^Wi f[hiedWi l_l_[dZe [d kd [ifWY_e h[bWj_lWc[dj[ f[# gk[‹e$ O [d ik cWoeh‡W eYkfWd [Z_Ă’Y_ei Z[ WfWhjWc[djei Yedi# jhk_Zei [d bWh]Wi YWbb[i" cko h[YjWi o Yed \h[Yk[dY_W Wd]eijWi" gk[ YWdWb_pWd [b ied_Ze$ 7Z[c|i" [b Yh[Y_c_[dje [Ye# dÂŒc_Ye i[ ^W jhWZkY_Ze [d YWZW l[p c|i WkjecÂŒl_b[i [d bWi oW
. &# ŋ*,)"v ŋ/-) ŋ /( -ŋ*&6-.# ĔŊ Ŋě ;b fh_c[he Z[ [d[he
Z[ (&'' [djhÂŒ [d l_]eh [d ?jWb_W bW fhe^_X_Y_ÂŒd Z[b kie o bW Yec[h# Y_Wb_pWY_ÂŒd Z[ XebiWi Z[ fb|ij_Ye [d bei Yec[hY_ei" Z[ifkƒi Z[ gk[ [b fWiWZe (( Z[ Z_Y_[cXh[ [d kdW h[kd_ÂŒd Z[b 9edi[`e Z[ C_d_ijhei i[ YedĂ’hcWhW bW _djheZkYY_ÂŒd Z[ bW c[Z_ZW$ I_d [cXWh]e" [d [b fW‡i jhWd# iWbf_de i[h| fei_Xb[ kj_b_pWh je# ZWl‡W Wgk[bbWi XebiWi Z[ fb|ij_Ye gk[ oW i[ [dYk[djhWd [d d[]e# Y_ei o ikf[hc[hYWZei ^WijW gk[ i[ WYWX[d bWi [n_ij[dj[i" i_[cfh[ gk[ ƒijWi i[ e\h[pYWd Z[ ceZe ]hWjk_je W bei Yb_[dj[i$ +ĹŠ,#.++.
:[iZ[ [b C_d_ij[h_e Z[ C[Z_e 7cX_[dj[ i[ WbWXŒ bW _djheZkY#
Y_ÂŒd Z[ [ijW h[ijh_YY_ÂŒd feh fWhj[ Z[b ;`[Ykj_le" Yedi_Z[h|dZebW ÆkdW ]hWd _ddelWY_ÂŒd" gk[ cWh# YW kd fWie ^WY_W WZ[bWdj[ [d bW bkY^W YedjhW bW YedjWc_dWY_ÂŒdÇ$ 9ed [ijW _d_Y_Wj_lW ?jWb_W i[ ikcW W fW‡i[i Yece <hWdY_W" :_# dWcWhYW" ?hbWdZW" 9^_dW e Ik_# pW" gk[ oW ^Wd jecWZe c[Z_ZWi YedjhW [b kie Z[ bWi \kdZWi Z[ fb|ij_Ye" gk[ lWd Z[iZ[ [b fW]e Z[ jWiWi feh bei Yedikc_Zeh[i fWhW ik kj_b_pWY_ÂŒd ^WijW ik fhe# ^_X_Y_ÂŒd$ FWhW ikij_jk_h W bWi XebiWi Z[ fb|ij_Ye i[ ^W fhefk[ije" [djh[ ejhei" [b kie Z[ cWj[h_Wb[i X_e# Z[]hWZWXb[i Yece [b X_efb|ij_# Ye e h[Ykhh_h W bei jhWZ_Y_edWb[i YWfWY^ei [bWXehWZei Yed Ă’XhWi dWjkhWb[i$
Yed][ij_edWZWi YWbb[i Z[ bW Y_k# ZWZ o [d dkc[heiei jhWXW`ei Z[ YedijhkYY_ÂŒd$ 31.2ĹŠ"#3.- -3#2
JWcX_ƒd j_[d[ kdW [nj[diW h[Z Z[ WkjeXki[i feXh[c[dj[ h[]k# bWZei" gk[ h[Yehh[d [ijh[Y^Wi YWbb[i [cf[ZhWZWi Yed iki hk_# Zeiei cejeh[i o \h[dei gk[ Y^_# hh‡Wd$ Bei jh[d[i fWiWd feh [b Y[djhe Z[ bW Y_kZWZ o bei _cfWY_[dj[i YedZkYjeh[i WjhWfWZei [d bei [cXej[bbWc_[djei ^WY[d iedWh YedijWdj[c[dj[ iki XeY_dWi$ Fk[Z[ i[h YWb_[dj[ o ^‘c[ZW" be gk[ eXb_]W W ckY^ei W Z[`Wh bWi l[djWdWi WX_[hjWi e W j[d[h bei WYedZ_Y_edWZeh[i Z[ W_h[ [dY[d# Z_Zei jeZe [b j_[cfe$ 7Z[c|i" [i kdW khX[ gk[ jhW# XW`W ZkhWdj[ [b Z‡W" f[he gk[ Z[
+ĹŠ". +#ĹŠ"#ĹŠ 4++ ĹŠ ĹŠĹŠ #%ĂŒ-ĹŠ+ ĹŠ 1% -(9 !(¢-ĹŠ 4-"( +ĹŠ Ĺ—"#ĹŠ+ ĹŠ +4"ĔŊ+.2ĹŠ-(5#+#2ĹŠ"#ĹŠ14(".ĹŠ-.ĹŠ
"# #1~ -ĹŠ#7!#"#1ĹŠ+.2ĹŠÄŽÄŽĹŠ"#!( #+#2ĹŠ "41 -3#ĹŠ#+ĹŠ"~ ĹŠ8ĹŠ+.2ĹŠÄŒÄŽĹŠ"41 -3#ĹŠ+ ĹŠ-.Äą !'#ĔŊ/#1.ĹŠ#-ĹŠ 4#-.2ĹŠ (1#2ĹŠ ĹŠ,#-4".ĹŠ 2. 1#/ 2 -ĹŠ+.2ĹŠÄ?ćŊ4ŊđćŊ"#!( #+#2Ä“ 23.ĹŠ#2ĹŠ. 5( ,#-3#ĹŠ, +.ĹŠ/ 1 ĹŠ +.2ĹŠ.~".2ĔŊ/#1.ĹŠ3 , (_-ĹŠ/4#"#ĹŠ ! 42 1ĹŠ#231_2ēŊ ĹŠ2(-ĹŠ-(-%ĂŒ-ĹŠ3(/.ĹŠ"#ĹŠ ,#).1~ ĹŠ ĹŠ+ ĹŠ5(23 ĔŊ+ 2ĹŠĂŒ-(! 2ĹŠ2.+4Äą !(.-#2ĹŠ/ 1#!#-ĹŠ2#1ĹŠ(12#ĹŠ"#ĹŠ+ ĹŠ!(4" "ĔŊ 42 1ĹŠ3 /.-#2ĹŠ#-ĹŠ+.2ĹŠ.~".2ĹŠ.ĹŠ' + 1ĹŠ 4-ĹŠ/.04(3.ĹŠ,;2ĹŠ$4#13#Ä“
l[hZWZ i[ WYj_lW Wb YW[h bW deY^[" W c[dkZe Wb h_jce Z[b jWd]e$ ;ije fk[Z[ h[ikbjWh i[ZkYjeh i_ W kde b[ ]kijWd [ij[ j_fe Z[ Ye# iWi" f[he de i_[cfh[ [i X_[dl[d_# Ze W bWi YkWjhe Z[ bW cW‹WdW$
(/ĹŠ#!.+¢%(!. 2#ĹŠ#-5.+3.1(.2ĹŠ +3#1- Äą 3(5.2ĔŊ1#'ĂŒ2#ĹŠ#+ĹŠ/ /#+ĹŠ"#ĹŠ 1#% +.ĔŊ2# ĹŠ!1# 3(5.ēŊ
(-%Õ(-.Ŋ"#Ŋ +;/ %.2 Ŋ } Ė ŗŊ /'#-(2!42Ŋ,#-"(!4+42 Ŋ Ŋ Ė ŗŊ -Ŋ #+(%1.Ŋĸ Ě
#2!1(/!(¢-
;i kdW [if[Y_[ [dZƒc_YW Z[ bWi ?ibWi =Wb|fW]ei" [i Z[Y_h" gk[ iebWc[dj[ l_l[ [d [i[ bk]Wh o [d d_d]‘d ejhe i_j_e Z[b ckdZe$ 9Wi_ [b /+ Z[ ik feXbWY_ÂŒd ^WX_jW [d bWi ?ibWi ?iWX[bW o <[hdWdZ_dW" [b ejhe + ^WY[ iki d_Zei [d 8Whjebe# cƒ" IWdj_W]e o <beh[WdW$ BWi feXbWY_ed[i ied cko Ă“kYjkWdj[i gk[ lWh‡Wd ck# Y^e $ :khWdj[ [b \[dÂŒc[de Z[ ;b D_‹e [d '//+ o '//- i[ h[Zk`[hed kd ,, Wkdgk[ W^ehW oW i[ [ij|d h[Ykf[# hWdZe b[djWc[dj[$ ;ijW lW# h_[ZWZ Z[ f_d]”_de [i cko i[di_Xb[ W bWi lWh_WY_ed[i Zh|ij_YWi Z[ bW j[cf[hWjkhW Z[b cWh o [b \[dÂŒc[de Yb_# c|j_Ye fk[Z[ fheleYWh Wbj[# hWY_ed[i [d ik h[fheZkYY_ÂŒd o YWkiWh Z[ifhefehY_ed[i [d bW YWdj_ZWZ Z[ cWY^ei o ^[cXhWi$ KdW Wc[dWpW Z_h[YjW gk[ fk[Z[ iefehjWh [i [b Wkc[dje Z[ jkh_ijWi [d bWi pedWi [d ZedZ[ ^WY[ iki d_# Zei$ ;d ?iWX[bW" <beh[WdW o IWdj_W]e [n_ij[ Z_Y^W Wc[# dWpW" Wi‡ Yece bei Wd_cWb[i _djheZkY_ZWi Yece f[hhei" ]Wjei o hWjWi$ ^ ěŊ #ĹŠ +(,#-3 ĹŠ#-ĹŠ+ 2ĹŠ %4 2ĹŠ "#ĹŠ+ 2ĹŠ!.23 2ĹŠ/#1.ĹŠ/4#"#ĹŠ +#) 12#ĹŠ' 23 ĹŠÄˆÄ‡ĹŠ*,ĹŠ+#).2ĹŠ "#ĹŠ#++ 2Ä“ ěŊ !#ĹŠ242ĹŠ-(".2ĹŠ#-ĹŠ%1(#3 2ĹŠ .ĹŠ!4#5 2ĹŠ"#ĹŠ+ 5 Ä“
¥ ēŊ Ŋ"#%1 " !(¢-Ŋ"#+Ŋ/+;23(!.Ŋ#2Ŋ,48Ŋ+#-3 Ŋ8Ŋ/#+(%1.2 Ŋ/ 1 Ŋ#+Ŋ , (#-3#ē
ŇŊ -$.1, !(¢-Ŋ1#!./(+ " Ŋ!.-Ŋ /.8.Ŋ "#Ŋ+ Ŋ -(¢-Ŋ -3#1- !(.- +Ŋ/ 1 Ŋ+ Ŋ .-2#15 !(¢-Ŋ"#Ŋ+ Ŋ 341 +#9 Ŋ ĸ ĚĔŊ3., " Ŋ"#Ŋ+.2Ŋ ( 1.2Ŋ .).2Ŋ"#Ŋ 2/#!(#2Ŋ ,#- 9 " 2Ŋ"#Ŋ !4 ".1ē
Ĺ? Ĺ?
Ĺ?
Ä Ä€
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?Ĺ?
ĹŠ-.ĹŠ#2ĹŠÄĽ .5#1- 3.1ÄŚ
ĹŠ: ĔŊ ŊěŊ;b WYjeh o feb‡j_# Yedi[Ykj_lW" o be ^WY[ Yed kdei Ye h[fkXb_YWde 7hdebZ IY^mWh# d_l[b[i Z[ fefkbWh_ZWZ XW`ei$ ;b b[]WZe Z[b Z_h_][dj[ h[fk# p[d[]][h Z[`ÂŒ Wo[h Z[ i[h [b ]eX[hdWZeh Z[ 9Wb_\ehd_W kdW Xb_YWde" WfeZWZe Ăˆ=el[hdWjehÉ" l[p gk[ ik ikY[ieh" [b l[j[hWde [ij| cWhYWZe feh kdW Yh_i_i Z[cÂŒYhWjW @[hho 8hemd" [YedÂŒc_YW gk[ fkie [d `khÂŒ eĂ’Y_Wbc[dj[ kd YWh]e ĹŠ [l_Z[dY_W bWi Z[X_b_ZW# Wb gk[ oW WYY[Z_ÂŒ feh fh_# Z[i Z[b h_Ye [ijWZe Z[ 9Wb_\ehd_W$ c[hW l[p [d '/-+$ 1.6-ĹŠ3.,¢Ŋ BW [ijh[bbW Z[ \_bc[i /.2#2(¢-ĹŠ"#+ĹŠ 8hemd" Z[ -( W‹ei" i[ Yedl_hj_ÂŒ [d [b ^[h[Z[he Yece ĂˆJ[hc_dWjehÉ o Ăˆ9e# ! 1%.ĹŠ#-ĹŠ4-ĹŠ !3.ĹŠ 04#ĹŠ345.ĹŠ+4% 1ĹŠ dWdÉ WXWdZedW [b YWh]e #-ĹŠ#+ĹŠ #,.1( +ĹŠ Z[ IY^mWhp[d[]][h jhWi Z[ifkƒi Z[ W]ejWh Zei 4"(3.1(4,ĹŠ"#ĹŠ !1 ,#-3.ĔŊ#-ĹŠ Z[hhejWh W bW h[fkXb_YW# b[]_ibWjkhWi" [i Z[Y_h" Z[i# #+ĹŠ-.13#ĹŠ"#ĹŠ dW C[] M^_jcWd [d bei Yec_Y_ei [ijWjWb[i Y[# fkƒi Z[ ^WX[h f[hcWd[Y_# +($.1-( ĔŊ ĹŠ+ 2ĹŠ ÄˆÄŒÄ–Ä‡Ä‡ĹŠ"#ĹŠ Ze [d [b YWh]e [b c|n_ce !4 ".1ēŊ b[XhWZei [b fWiWZe ( Z[ j_[cfe fei_Xb[ Z[ \ehcW del_[cXh[$
#) 1~ ĹŠ#+ĹŠ!(-#
ĹŠ !31(9ĹŠ#23 1~ ĹŠ"(2/4#23 ĹŠ ĹŠ"#) 1ĹŠ "#ĹŠ+ ".ĹŠ24ĹŠ! 11#1 ĹŠ!(-#, 3.%1;ÄƒÄą ! ĹŠ/.1ĹŠ24ĹŠ'() ēŊ
ĹŠ ĹŠ
ĔŊ ĹŠ š BW eiYWh_pWZW WYjh_p" gk_[d ĹŠ j_[d[ kdW ^_`W Z[ ( W‹ei" DW^bW" \hkje Z[ ik h[bWY_ÂŒd Yed ik [n del_e =WXh_[b 7kXho" Wi[]khÂŒ gk[ iki fh_eh_ZWZ[i ^Wd YWcX_WZe Z[iZ[ gk[ [i cWZh[ o ++#ĹŠ #118ĹŠ2#ĹŠ !.-5(13(¢Ŋ#-ĹŠ+ ĹŠ /1(,#1 ĹŠ !31(9ĹŠ"#ĹŠ gk[ oW de [ij| jWd Y[djhWZW [d ik YWhh[hW$ ÆBei ^_`ei YWcX_Wd jki fh_eh_ZWZ[i$ 7Zehe ^W# 1 9 ĹŠ-#%1 ĹŠ#-ĹŠ % - 1ĹŠ4-ĹŠÂĄ2! 1ēŊ Y[h f[b‡YkbWi f[he be Z[`Wh‡W jeZe feh [ijWh Yed c_ 4#ĹŠ#-ŊĉććĉŊ/.1ĹŠ + ĹŠ/#+~!4+ ĹŠÄĽ +ĹŠ ^_`W i_ jkl_[hW gk[ ^WY[hbe fehgk[ [i [b Wceh Z[ c_ / 2 ".ĹŠ-.2ĹŠ!.-Äą l_ZW$ ÆC[ ^W Yedl[hj_Ze [d kdW c[`eh f[hiedW feh# "#- ÄŚĹŠ ĸļ .-23#1ÄŚ2ĹŠ gk[ jeZe be gk[ ^W]e o Z_]e" jeZe be gk[ gk_[he o de ++ČĚēŊ gk_[he" f_[die fh_c[he0 ĂˆÂľi[h| be c[`eh fWhW [bbW5ÉÇ" Z_`e >Wbb[ 8[hho $ Æ9kWdZe j_[d[i ^_`ei lk[bl[i W ZWhj[ Yk[djW Z[ YeiWi gk[ oW de l[‡Wi$ DkdYW c[ ^[ h[‡Ze jWdje" dkdYW ^[ ^[Y^e jWdjWi jed# j[h‡Wi fWhW ^WY[hbW h[‡h$ >W Z[if[hjWZe kd bWZe _d\Wdj_b [d c‡$
(" ĹŠ ,.1.2
BW X[bb[pW Z[ ** W‹ei" gk_[d WYjkWbc[dj[ iWb[ Yed [b WYjeh \hWdYƒi Eb_l_[h CWhj‡d[p" jWcX_ƒd WZc_j_ÂŒ gk[ DW^bW ^W _dĂ“k_Ze [d ik ]kije feh bei ^ecXh[i$ ;d Z[YbWhWY_ed[i Wb f[h_ÂŒZ_Ye :W_bo C_hheh" Z_`e0 Æ9kWbgk_[h [b[YY_ÂŒd gk[ ^W]W W^ehW" o [ie _dYbko[ bWi fWh[`Wi gk[ [b_`e" oW de [i iÂŒbe YeiW c‡W" i_de gk[ j[d]e [d Yk[djW jWcX_ƒd gkƒ [i be c[`eh fWhW [bbWÇ$ I_d [cXWh]e" 8[hho h[YedeY[ [ijWh \[b_p Yed ik WY# jkWb h[bWY_ÂŒd o gk[ bWi YeiWi dkdYW ^Wd _Ze jWd X_[d fWhW [bbW$ ÆIeo kdW Y^_YW gk[ YedeY_ÂŒ W kd Y^_Ye" W bW Y^_YW b[ ]kijÂŒ [b Y^_Ye o Wb Y^_Ye" bW Y^_YW$ ;ie eYk# hh_ÂŒ$ ;if[hƒ [ije ZkhWdj[ ckY^e j_[cfe o c[ i_[dje c|i \[b_p gk[ dkdYWÇ$
# 43ĹŠ2.1/1#2 ĹŠ#-ĹŠ '(- ĹŠ
ēŊ !'6 19#-#%%#1ĹŠ ĂŒ-ĹŠ-.ĹŠ' ĹŠ"#!("(".ĹŠ2(ĹŠ2#%4(1ĹŠ#-ĹŠ+ ĹŠ/.+~3(! ĹŠ.ĹŠ 5.+5#1ĹŠ +ĹŠ!(-#ēŊ
+#%¢Ŋ Ŋ .+ -" Ŋ
ŗŊ ŊŊ;b Yk[hfe Z[b YWdjWdj[ o XW_bWh‡d 8eXXo <Whh[bb" WbcW
4#5.ĹŠ;+ 4,ĹŠĹŠ
Ĺ—ĹŠ ĹŠĹŠ;b fhÂŒn_ce Z_iYe Z[ BWZo =W]W" Ăˆ8ehd j^_i mWoÉ" i[ fk# Xb_YWh| [b () Z[ cWoe" i[]‘d ^W WdkdY_WZe W jhWlƒi Z[ ik Yk[djW Z[ Jm_jj[h bW Whj_ijW" gk[ ^W WYecfW‹WZe [b c[d# iW`[ Z[ kdW \eje]hW\‡W [d bW gk[" l[ij_ZW Yed jWd iÂŒbe kdW YWpWZehW lWgk[hW" ck[ijhW ik h[jW]kWhZ_W$ ĹŠ
} ĔŊ ŊěŊŊBW YWdjWdj[ YebecX_W# dW I^Wa_hW WYjkÂŒ feh fh_c[hW l[p [d 9^_dW Yed kdW Xh[l[ o Wf[dWi WdkdY_WZW WfWh_Y_ÂŒd [d bW =WbW Z[ 7‹e Dk[le Z[b YWdWb @_Wd]ik IW# j[bbj[ JL [d bW Y_kZWZ eh_[djWb Z[ DWda‡d " [d bW gk[ de i[ ebl_ZÂŒ Z[ YWdjWh [b ĂˆMWaW MWaWÉ" _d\ehcW# hed c[Z_ei Y^_dei$ BW WYjkWY_ÂŒd \k[ YWi_ feh ieh# fh[iW" oW gk[ bW j[b[l_i_ÂŒd dWda_#
,/43 1;-ĹŠ24ĹŠ/(#1- ĹŠ
Ĺ—ĹŠ ĹŠĹŠBW b[o[dZW Z[ >ebbomeeZ PiW PiW =WXeh" Z[ /) W‹ei" i[ iec[j[h| W kdW Y_hk]‡W fWhW WcfkjWhb[ bW f_[hdW Z[h[Y^W feh Z[XW`e Z[ bW heZ_bbW [d kd ^eif_jWb Z[ Bei Ă›d][b[i" _d\ehcÂŒ bW YWZ[dW 9DD$ BW WYjh_p Z[ eh_][d ^‘d]Whe ik\h[ Z[iZ[ ^WY[ kd j_[cfe Z[ b[i_ed[i YWdY[h‡][dWi o bW ]Wd]h[dW [hW _dc_d[dj[" _dZ_YÂŒ ik fkXb_Y_ijW @e^d 8bWdY^[jj[$ĹŠ
Z[b ]hkfe Z[ fef Z[ bei -& 8ed[o C$" h[]h[iŒ Wo[h W >ebWdZW" i[]‘d [nfb_YŒ ik W][dj[ @e^d I[_d[$ ;b Whj_ijW Z[ ,' W‹ei \k[ ^WbbWZe ck[hje [b fWiWZe )& Z[ Z_Y_[cXh[ [d bW YWcW Z[ kdW ^WX_jWY_Œd Z[ ^ej[b [d IWd F[j[hiXkh]e$ >WX‡W dWY_Ze [d bW _ibW Z[ 7hkXW 7dj_bbWi >ebWdZ[iWi [d '/*/$
d[iW WdkdY_ÂŒ bW fh[i[dY_W Z[ [bbW Wf[dWi Z‡Wi Wdj[i" o feYei c[# Z_ei Y^_dei i[ ^_Y_[hed [Ye Z[b Wikdje ZkhWdj[ [b Ă’d Z[ i[cWdW" Z[X_Ze Wb fWhÂŒd _d\ehcWj_le Z[b 7‹e Dk[le$ BW XWhhWdgk_bb[hW i[ fh[i[d# jÂŒ [d kdW ]WbW [d bW gk[ bW JL Z[ DWda‡d jWcX_ƒd Yedi_]k_ÂŒ bb[lWh W bW i[diWY_edWb YWdjWdj[ Xh_j|d_# YW IkiWd 8eob[$
ēŊļ +#Ŋ#+Ŋ .+Ŋ .41ČŊ1#!.11#1;Ŋ#23#Ŋ  .Ŋ 3(-. ,_1(! ēŊŊ
ĹŠ
Ä 4Â " ĹŠ"#ĹŠ #-_+./#Ä&#x;ĹŠ
Ŋ: ŊěŊŊ9h[Y[d bei hk#
ceh[i ieXh[ kd Wceh‡e [djh[ ;ZkWhZe" [b ^[hcWde c[deh Z[ F[# dƒbef[ 9hkp" o bW fhejW# ]ed_ijW Z[ Ăˆ7cWi Z[ YWiW Z[i[if[hWZWiÉ" gk_[d [d del_[cXh[ fWiWZe i[ i[fWhÂŒ Z[b Z[fehj_ijW Jedo FWha[h$ BW dej_Y_W" gk[ \k[ fkXb_# YWZW W Ă’dWb[i Z[ (&'& [d [b f[h_ÂŒZ_Ye Wb[c|d 8_bZ" ZW Z[jWbb[i ‡dj_cei Yece kd ikfk[ije c[diW`[ Z[ j[nje gk[ Bed]eh_W [dl_ÂŒ Wb Y[# bkbWh Z[ 9hkp0 ÆDe fk[Ze [if[hWh fWhW j[d[hj[ WYei#
- ĹŠ2.-1(2 ĹŠ / 1 ĹŠ++#% 1ĹŠ +ĹŠ /ĂŒ +(!.ĹŠ
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
#ĹŠ +3#1ĹŠ ĹŠ ' -3(ĹŠ
ŊĚŊMWbj[h C[hYWZe ^WX‡W WdkdY_WZe gk[ ^W# Xh‡W kdW h[delWY_ÂŒd [d ik l_ZW [d (&'' o gk[ fedZh| [d fh|Yj_YW jeZei bei c[diW`[i gk[ bei i[h[i Z[ bkp b[ ^Wd cWd_\[ijWZe" [djh[ [bbei gk[ Z[ W^ehW [d WZ[bWdj[ i[ bbWcWh| I^Wdj_ 7dWdZW$ ÆJkl[ kdW h[l[bWY_ÂŒd [if_h_# jkWb gk[ h[Y_X‡ o gk[ c[ Z_`e gk[ Z[ W^ehW [d WZ[bWdj[ c[ ^Whƒ bbWcWh I^Wdj_ 7dWdZW" c_ decXh[ Wkjƒdj_Ye [d be c‡ij_YeÇ" Z[YbWhÂŒ [b Xeh_YkW Z[ ,. W‹ei Wb Z_Wh_e fk[hje# hh_gk[‹e ;b Dk[le :‡W$ ÆC[ Z[Y‡W [b i[h Z[ bkp gk[ i[ c[ WfWh[Y_ÂŒ gk[ i[ d[Y[i_jW c|i ][dj[ Z[ bkp [d [b ckdZe Yece oe fWhW WokZWhÇ$ ĹŠ
(7(3Ŋ#2Ŋ4- Ŋ"#Ŋ+ 2Ŋ -4#5 2Ŋ -" 2Ŋ,4Ĺ 2(! +#2Ŋ"#Ŋ !4 ".1Ŋ8Ŋ -.2Ŋ/1#2#-3 Ŋ#+Ŋ3#, Ŋ ļ 23¢Ŋ4- Ŋ2.-1(2 ČēŊŊ
_d_Y_e Z[ kdW fhec_d[dj[ YW# hh[hW$ 9ed [ij[ j[cW" bW XWdZW Z[Y_Z[ fWhj_Y_fWh [d kd Yed# Ykhie cki_YWb fWjheY_dWZe feh kdW [cfh[iW j[b[\ÂŒd_YW o Yed [b YkWb WhhWiWhed [d [b ]ƒd[he fem[h fef$ ÆEXjkl_cei [b fh_# ĹŠ Ä› <_n_j [i kdW XWdZW c[h fk[ije W d_l[b bWj_deWc[h_# Z[ Zei ^[hcWdei o kd Wc_]e [d YWdeÇ" ieij_[d[ FWjh_Y_e LWh]Wi" Yec‘d$ >WY[ c|i Z[ Zei W‹ei _dj[]hWdj[ Z[ <_n_j$ Z[Y_Z_[hed kd_hi[ fWhW e\h[Y[h de ;d h[Z[i ieY_Wb[i Yece <W# iebWc[dj[ iki fhef_ei j[cWi" i_de Y[Xeea" OekJkX[" CoIfWY[$$$ gk[ WZ[c|i fh[i[djWd ie# Yk[djWd Yed c_b[i Z[ i[# d_Zei Z_\[h[dj[i YWh]WZei ]k_Zeh[i [ _dYbkie i[ ^Wd ĹŠ Z[ [d[h]‡W `kl[d_b$ Yh[WZe YbkX[i Z[ \Wd[i [d ;i feh [bbe gk[ Z[Y_Z_[# fW‡i[i Yece 9ebecX_W o hed bbWcWhi[ <_n_j" dec# ÄĽÄŽ ÄŚĹŠ#2ĹŠ4-.ĹŠ"#ĹŠ F[h‘" ZedZ[ ik c‘i_YW [i cko YedeY_ZW$ Xh[ gk[ i_]d_Ă’YW Whhƒ]bWbe 242ĹŠ_7(3.2ĹŠ,;2ĹŠ 2.- ".2ĹŠ#-ĹŠ I[]‘d ik fhecejeh o gk[ [dYW`W Yed bW c‘i_YW .4 4 #ēŊ MWY^e <[hd|dZ[p" bW gk[ e\h[Y[d$ ?dĂ“k[dY_W# XWdZW [i cko fefkbWh [d Zei feh [b fkda heYa Z[ bW ZƒYWZW Z[ bei /&" [ijW W]hkfWY_ÂŒd [b [njhWd`[he ]hWY_Wi W bWi h[Z[i \ki_edW [b fef heYa ceZ[hde Yed ieY_Wb[i" f[he [d ;YkWZeh gk_[# ied_Zei [b[YjhÂŒd_Yei$ h[d WXh_hi[ YWc_de fWhW l_i_jWh YWZW h_dYÂŒd o gk[ ik c‘i_YW ./4+ 1#2ĹŠ#-ĹŠ#+ĹŠ#731 -)#1.ĹŠ jWcX_ƒd i[W Yec[hY_Wb_pWZW$ ;i Ăˆ8WijÂŒ kdW iedh_iWÉ [i ik fh_# feh [bbe gk[ i[ Wfh[ijWd W h[Wb_# c[hW Yh[WY_ÂŒd o ^W cWhYWZe [b pWh kdW ]_hW Z[ fheceY_ÂŒd$
ĹŠ Â&#x; ĹŠ
11 -! ĹŠ!.-ĹŠ_7(3.
ĹŠ! -3 -3#ĹŠ, - (3 ĹŠ#,/(#9 ĹŠ#+ĹŠ  .ĹŠ!.-ĹŠ/(#ĹŠ"#1#!'.ēŊ ĹŠ#2ĹŠ04#ĹŠ24ĹŠ5(Äą "#.!+(/ĔŊļ .-ÄŚ3ĹŠ23./ĹŠ,#ČŊĸ 2 " ĹŠ#-ĹŠ + ĹŠ#23_3(! ĹŠ"#ĹŠ+ ĹŠ/#+~!4+ ĹŠÄĽ ĹŠ- 1 -) ĹŠ ,#!;-(! ČĚĔŊ04#ĹŠ$4#ĹŠ"(1(%(".ĹŠ/.1ĹŠ#+ĹŠ /#14 -.ĹŠ #1!8ĹŠ _2/#"#2ĔŊ04#"¢Ŋ#-ĹŠ #+ĹŠ/1(,#1ĹŠ+4% 1ĹŠ"#ĹŠ+.2ĹŠ,#).1#2ĹŠÄˆÄ‡Ä‡ĹŠ "#+ĹŠ  .ĹŠ#-ĹŠ+ ĹŠ! "#- ĹŠ(-3#1- !(.- +ĹŠ "#ĹŠ,ĂŒ2(! ĹŠ ēŊ .-ĹŠ#23.ĔŊ+ ĹŠ 13(23 ĹŠ 54#+5#ĹŠ ĹŠ!.-2 %1 12#ĹŠ!.,.ĹŠ+ ĹŠ ÄĽ,(, " ĹŠ"#+ĹŠ ĹŠ 3(-.ČēŊ
ēŊ .2Ŋ'#1, -.2Ŋ 31(!(.Ŋĸ ).ĚŊ8Ŋ #"1.Ŋ 1% 2Ŋĸ5.9Ŋ8Ŋ%4(3 11 ĚĔŊ8Ŋ -"1_2Ŋ +, Ŋĸ%4(3 11 ĚŊ$.1, -Ŋ (7(3ēŊ
, 4ĹŠ(-(!( ĹŠ#+ĹŠ  .ĹŠ!.-ŊĉŊ3#, 2ĹŠ ĹŠĹŠÄ› ĂˆDe gk_[he gk[ j[ lW#
oWiÉ o ĂˆÂśE^ o[W^ É ied bei i[dY_# bbei gk[ cWhYWd [b _d_Y_e Z[ (&'' Z[ 7dZh[W 8kYWhWc$ F[he [ijei j[cWi de iebWc[dj[ i[bbWd ik Xk[d Yec_[dpe Z[ W‹e i_de gk[" WZ[c|i" bW Whj_ijW be ^WY[ Yed Zei ]ƒd[hei Z_ij_djei$ 9ed kd fef [b[YjhÂŒd_Ye ĂˆÂśE^ o[W^ É o kdW XWbWZW fef ĂˆDe gk_[he gk[ j[ lWoWiÉ " 7dXk Yece bW bbWcWd gk_[h[ WhhWiWh [d [ij[ (&'' Yedgk_ijWdZe YkWbgk_[h f‘#
Xb_Ye o ieXh[ jeZe Z[ceijhWdZe l[hiWj_b_ZWZ cki_YWb$ BW _djƒhfh[j[ Wi[]khW gk[ ik _dj[dY_ÂŒd [i Æbb[]Wh W jeZei bei ]kijei o YecfbWY[dY_Wi Z[ iki i[# ]k_Zeh[iÇ$ ;bbW" WZ[c|i" fbWd_Ă’YW ik _d# ]h[ie W bWi hWZ_ei" f[he de Yece _djƒhfh[j[" i_de gk[ j[d_[dZe ik fhef_e fhe]hWcW$ Ăˆ;b 9Wb[djWZeÉ" W jhWlƒi Z[ HJK" [i [b [ifWY_e gk[ YedZkY_h| bW _djƒhfh[j[ Z[ ĂˆDWZ_[ be iWXh|É$ ēŊ -ĹŠ ĉććÄ?ĹŠ -"1# ĹŠ% -¢Ŋ -.3.1(#" "ĹŠ +ĹŠ/ 1Äą 3(!(/ 1ĹŠ#-ĹŠ '(+#ĹŠ#-ĹŠ#+ĹŠ /1.%1 , ĹŠÄĽ .).ĹŠ$ , ČēŊ
ĹŠ
.-ĹŠ;+ 4,ĹŠ+(23.ĹŠ/ 1 ĹŠ#231#- 1
;b ]hkfe Z[ ^_f#^ef [b[YjhÂŒd_Ye ^Wh| [b bWdpWc_[dje Z[ ik Z_iYe ĂˆFWhjo I_Z[É [b fhÂŒn_ce '+ Z[ [d[he [d Gk_# je" Yed kdW Ă’[ijW [d bW gk[ i[]‘d =[elWddo HWcei" fhecejeh Z[ bW XWdZW" Æ^WXh| ckY^Wi iehfh[iWiÇ$ BW W]hkfWY_ÂŒd" gk[ i[ Z_e W YedeY[h feh [b j[cW ĂˆDeY^[ Z[ ckiWiÉ" jWcX_ƒd [ij| fh[fWhWdZe [b l_Z[eYb_f Z[ Ăˆ>ej bWj_dWÉ" gk[ i[h| Z_h_]_Ze feh [b f[hkWde F[hYo 9ƒif[# Z[p$ ;b |bXkc iWb[ W bW l[djW Z[iZ[ bW fhÂŒn_cW i[cWdW$
Ä Ä
Ŋ Ŋ(-(!(.2Ŋ"#Ŋ ĉććĒŊ2#Ŋ!.-5(1Ĺ 3(¢Ŋ#-Ŋ, "1#Ŋ"#Ŋ 4- Ŋ-( Ŋ$143.Ŋ"#Ŋ 24Ŋ1#+ !(¢-Ŋ!.-Ŋ
.- 3' -ĹŠ
1 ,(++.ēŊ
ĹŠ Â&#x;
#12#%4(" Ŋ#-ēēēŊ
ĹŠĹŠÄ› FWc[bW 7dZ[h# ied \k[ f[hi[]k_ZW feh kd Z[iYedeY_Ze [d kd jh[d gk[ bW bb[lWXW Z[ B_l[hfeeb W BedZh[i$ ;b WYeiWZeh" kd ^ecXh[ `el[d" f[hi_# ]k_ÂŒ W bW WYjh_p Z[ *) W‹ei feh lWh_ei lW]ed[i Z[b jh[d" f[he bW Feb_Y‡W fkZe Z[# j[d[hb[ [Y^|dZeb[ kd ifhWo Z[ f_c_[djW Wdj[i Z[ gk[ bb[]WhW Y[hYW Z[ [bbW$ ĹŠ ĹŠ
4(#1#ĹŠ'., 1#2ĹŠ#-ĹŠ 242ĹŠ2'.62
ŊěŊŊBW YWdjWdj[ [ijW# Zekd_Z[di[ AWjo F[hho [i YediY_[dj[ Z[ gk[ j_[d[ c|i WZc_hWZehWi ck`[h[i gk[ ^ecXh[i" f[he Yh[[ gk[ i_ kd Y^_Ye lW W kde Z[ iki YedY_[hjei WYecfW# ‹WdZe W ik del_W" ƒb jWcX_ƒd i[ Z_l[hj_h|$Æ;ie [i be gk[ fWiW Yedc_]e" Yh[e gk[ ckY^Wi Y^_YWi [ij|d jhWo[dZe W iki del_ei$ Oe Yh[e gk[ [d [b \edZe b[i ]kijW l[d_h Wkdgk[ de be Z_]WdÇ" WĂ’hcW$ F[hho" gk_[d [ij| YWiWZW Yed [b Xh_j|d_Ye Hkii[bb 8hWdZ" Yed\‡W [d gk[ fk[ZW bb[lWh W iki YedY_[hjei Wb]‘d _dl_jWZe [if[Y_Wb i_ iki YWb[dZWh_ei fhe\[i_edWb[i i[ be f[hc_j[d$ ĹŠ
ŏ ŏ
ŏ
āĂ
ŏ Āąŏ ŏ ŏ ŏĂĀāā
ŏ +. Čŏ
ũ ũũ ũ ũ 42ũ"#$#!3.2Ėũ
Ied cko j c_Zei" ZkWb[i" d[hl_eiei" Z[ Z_ifei_Y_ d [hhWXkdZW" _hh_jWXb[i o ceb[i# jei" _dZ[Y_iei" YWcX_Wdj[i [ _dYedijWdj[i$
#2ũ %1 " Ėũ
Bei YWcX_ei" bW WYj_l_ZWZ" [b cel_c_[dje$
ũ ũ ¡ Ĕũ ũ ¡ Ĕ ĖũũũĉĉČďıĉćĐũ #+4+ 1ĖũćĒĎďĊćĊććũ 666ē!#-31.-4#5 #1 ē.1%ũ (1, + 3ľ%, (+ē!.,
_,(-(2
ũĉĉũ ũ ũ ũĉĈũ ũ
ũ Ėũ;b [b[c[dje W_h["
[b fbWd[jW C[hYkh_e" [b Z W c_ h# Yeb[i" [b Yebeh l[hZ[" bW f_[ZhW YkWhpe Y_jh_de" [b c[jWb c[hYk# h_e" bW Óeh cWh]Wh_jW" bei d c[# hei jh[i o i[_i$
ũ Ėũ Fei[[ kdW \|Y_b [nfh[i_ d Z[ iki _Z[Wi" i[ WYefbW Yed hWf_Z[p Wb WcX_[dj[" [i l[h# i|j_b" b[ ]kijWd bWi WYj_l_ZWZ[i c[djWb[i" \b[n_Xb[i$ 7Zgk_[h[ YedeY_c_[djei h|f_ZWc[dj[$
#2ũ"#2 %1 " Ėũ
¡ Ėũ .".ũ+.ũ04#ũ/(#-2 Ĕũ"(!#ũũ8ũ' !#ũ+#ũ"#ă-#Ĕũ /1.!+ , ũ24ũ#+#!!(¢-ũ2. 1#ũ423#"ũ,(2,.ēũ
. (#1- ũ#-ũ#+ũ!4#1/.Ėũ
-#1.
BW YedijWdY_W" bW hkj_dW" bW Ò`[pW$ Bei ^ecXhei" bei XhWpei" bWi cWdei" bWi Yeij_bbWi ikf[h_e# h[i" bei fkbced[i" bW jh|gk[W" bei Xhedgk_ei" bW en_][dWY_ d Z[ bW iWd]h[ o bW h[if_hWY_ d$
2/#!3.ũ#2/(1(34 +Ėũ
Ik Ykh_ei_ZWZ j f_YW Z[X[ i[h WfbWYWZW feh bW _dl[ij_]WY_ d Z[ Z_iY_fb_dWi [if_h_jkWb[i" [ije b[ WokZWh| W kj_b_pWh c[# `eh iki YkWb_ZWZ[i _dj[hdWi$
2/#!3.ũ,#-3 +Ėũ
BW _dYedijWdY_W o lWh_WX_b_# ZWZ [d iki Z[Y_i_ed[i fed[ [d h_[i]e ckY^Wi l[Y[i bWi h[bWY_ed[i Yed f[hiedWi gk[ h[Wbc[dj[ b[ [ij_cWd$
+(,#-3.2ũ / 1 ũ24ũ2 +4"Ėũ
9[XebbWi" W`e" h|XWdei" WY[b]W" cW p" ^WXWi" X[h[d`[dWi" f[iYWZe fh[\[h_Xb[c[dj[ [b lWfeh " Xh Yeb_i" klWi" cWd# ZWh_dWi" jkdWi" cWhWYko| o f_ W$
!4/ !(.-#2ũ "#!4 " 2Ėũ
;d bWi gk[ c|i i[ Z[ijWYW ied [b f[h_eZ_ice" [ZkYWY_ d" l[djWi" YedjWX_b_ZWZ o l_W`[i$ Ied Xk[dei _dj hfh[j[i" [iYh_# jeh[i o b_d] _ijWi$
# 1#1.
19.
1(+
ŗũ 4_231#2#ũ!.-5(-!#-3#ũ8ũ1#Ą#7(5.ũ
ŗũ 41 -3#ũ#23#ũ,#2ũ24ũ/#1!#/!(¢-ũ2#ũ
,/+~ ũ8ũ24ũ/#12/(! !( ũ2#ũ/.3#-!( +(9 Ĕũ 3.".ũ#23.ũ+#ũ 2(23#ũ/ 1 ũ/."#1ũ3., 1ũ "#!(2(.-#2ũ/1#!(2 2ũ8ũ2423 -!( +#2ũ/ 1 ũ 24ũ$4341.ēũ .+.! ũ24ũũ 3#-!(¢-ũũ' !( ũ+ ũ -#!#2(" "ũ"#ũ#,/1#-"#1ũ!.-.!(,(#-ı 3.2ũ-4#5.2ũ8ũ/1.$4-".2ēũ
ŗũ 7 ,(-#ũ8ũũ!.-31.+#ũ+ ũ(-31 -2(%#-!( ũ 8ũ2#!3 1(2,.ũ04#ũ/4#"#ũ/1#2#-3 1ũ 423#"ũ!.-ũ24ũ/ 1#) Ĕũ!.,/ #1.2Ĕũ)#$#2Ĕũ 8ũ2.!(.2ėũ 2~ũ!.,.ũ+ ũ -(, "5#12(¢-ũ8ũ +#) ,(#-3.ũ!.-ũ+.2ũ"#ũ24ũ'.% 1ēũ 2ũ"#ũ 31 2!#-"#-3 +ũ(,/.13 -!( ũ!.-2#15 1ũ !.1"41 ũ8ũ,."#1 !(¢-ũ#-ũ242ũ% 23.2ēũ
ŗũ - ũ !3(34"ũ3.+#1 -3#Ĕũ/14"#-3#ũ8ũ !.1"( +ũ!.-ũ242ũ)#$#2ũ8ũ 43.1(" "#2ũ#-ũ 24ũ+4% 1ũ"#ũ31 ).ũ+#ũ /.8 1~ -ũ/ 1 ũ+ ũ . 3#-!(¢-ũ"#ũ242ũ/1./¢2(3.2ēũ 2!4!' 1ũũ / !(#-3#,#-3#ũ ũ242ũ'().2ũ8ũ/ 1#) Ĕũ242ũ -#!#2(" "#2ũ $#!3(5 2ũ8ũ$~2(! 2Ĕũ!.-2.+(ı " 1~ -ũ+ 2ũ1#+ !(.-#2ũ#-ũ24ũ'.% 1ēũ
4("#ũ"#ũ242ũ/ "1#2ėũ, -3#-% ũ4-ũ !.-3 !3.ũ $#!34.2.ũ!.-ũ#++.2ē
4#231 ũ %1 ".ũ/.1ũ+.2ũ5( )#2ũ/ 1 ũ!.-.ı !#1ũ-4#5.2ũ/ ~2#2ũ.ũ(-" % 1ũ#-ũ.31 2ũ!4+ı 341 2ũ8ũ!.234, 1#2ũ"($#1#-3#2ēũ #ũ$ 5.1#!#ũ , -3#-#1ũ4- ũ !3(34"ũ2(-!#1 Ĕũ $#!34.2 ũ8ũ /.2(3(5 ũ!.-ũ242ũ/ "1#2ũ8ũ24/#1(.1#2ē
-3#-3#ũ4-ũ, 8.1ũ!.-31.+ũ"#ũ242ũ/#-2 ı ,(#-3.2ũ8ũ#,.!(.-#2ēũ # +(!#ũ#)#1!(!(.2ũ $~2(!.2Ĕũ! ,(- 3 2Ĕũ/ 2#.2Ĕũ- 3 !(¢-Ĕũ !.,/ ".2ũ"#ũ,#"(3 !(¢-ũ/ 1 ũ !.-2#15 1ũ2#1#-(" "ũ8ũ! +, ē
#!.-.!#1ũ242ũ/.3#-!( +#2ũ(-3#1-.2ũ8ũ #73#1(.1(9 1+.2ũ+#ũ" 1~ ũ(-3#-2(ă! !(¢-ũ / 1 ũ++#5 1ũ ũ3_1,(-.ũ242ũ#,/1#2 2ēũ 4("#ũ24ũ +(,#-3 !(¢-ũ/ 1 ũ$.13(ă! 1ũ 242ũ(-3#23(-.2ē
!.-ũ242ũ)#$#2Ĕũ/#12.- 2ũ"#ũ 43.1(" "ũ8ũ !.,/ #1.2ũ#-ũ24ũ31 ).ēũ # ũ/14"#-ı 3#ũ +ũ!.,4-(! 12#ũ!.-ũ#++.2Ĕũ"#+( #1#ũ +ũ #7/.-#1ũ242ũ/+ -#2ũ8ũ -3#ũ3.".ũ!.,4ı -(04#ũ242ũ(-3#-!(.-#2ũ2(-!#1 ,#-3#ēũ 73#1(.1(!#ũ24ũ!1# 3(5(" "ũ ũ31 5_2ũ"#ũ /1;!3(! 2ũ, -4 +#2ũ.ũ 13#2 -~ 2ũ04#ũũ #23.ũ!.-31( 48#ũ ũ, -3#-#1+#ũ2.2#% ".ũ 8ũ"#2/#) ".ēũ
8.
4-(.
4+(.
%.23.
ŗũ 23#ũ,#2ũ2#1~ ũ!.-5#-(#-3#ũ04#ũ 2#ũ +#)#ũ/.1ũ!(#13.2ũ(-3#15 +.2ũ"#+ũ ,.5(,(#-3.ũ143(- 1(.ũ"#ũ+ ũ5(" ũ8ũ#-ũ ,#"(3 !(¢-ũ/+#- ũũ!.-!1#3#ũ8ũă- +(!#ũ 3.".2ũ242ũ/+ -#2ũ8ũ/1.8#!3.2Ĕũ8 ũ04#ũ#2ũ 4-ũ!(!+.ũ"#ũ3_1,(-.ũ#+ũ04#ũ#23;ũ5(5(#-".ũ '.1 Ĕũ -3#2ũ"#ũ24ũ-4#5 ũ1#5.+4!(¢-ũ 2.+ 1ũ.ũ!4,/+# .2ēũ
ŗũ 4ũ/#12.- +(" "ũũ2#ũ$.13(ă! ũ"41 -3#ũ
ŗũ 4ũ,#-3#ũũ#-$.! ũ24ũ 3#-!(¢-ũ#-ũ
ŗũ 1#23#ũ, 8.1ũ 3#-!(¢-ũ ũ+ ũ1#+ !(¢-ũ
1#/;1#2#ũ/ 1 ũ#,/#9 1ũ!.-ũ 1~.2ũ24ũ -4#5.ũ!(!+.ũ ũ/ 13(1ũ"#+ũ"~ ũ"#ũ24ũ!4,ı /+# .2Ĕũ".-"#ũ3.".2ũ+.2ũ!.,(#-9.2ũ 2.-ũ$ 5.1 +#2ē
(5#-!( 2ũ"#+ũ/ 2 ".ũ $+.1 -ũ!.-ũ$ !(+(" "ũ 8ũ/4#"#-ũ! 42 1ũ3#,.1#2ũ.ũ242!#/3( (+(" ı "#2Ĕũ#2ũ!.-5#-(#-3#ũ, -3#-#12#ũ1#$+#7(5.ũ 8ũ2#-2 3.ũ#-ũ3." ũ2(34 !(¢-ē
ũ¢/3(, ũ1#+ !(¢-ũ04#ũ, -3#-% ũ!.-ũ#+ũ ,#"(.ũ8ũ+ ũ#!4 -(,(" "ũ"#ũ24ũ!.-"4!3 ũ 2#1;-ũ+ ũ!+ 5#ũ"#ũ24ũ#5.+4!(¢-ũ8ũ /1#-ı "(9 )#ũ ++~ēũ ũ"(2!(/+(- ũ8ũ- 341 +(" "ũ!.-ũ 04#ũ2#ũ#7/1#2#ũ#-ũ24ũ31 ).ũ+#ũ 84" -ũ '.1 ēũ
.-31.+#ũ+ ũ(-3.+#1 -!( ũ8ũ. 23(- !(¢-ũ 04#ũ/4#"#ũ/1#2#-3 1ũ423#"ũ!.-ũ242ũ )#$#2ēũ , (_-ũ2#/ ũ, -#) 1ũ+ ũ -(,.2(ı " "ũ8ũ +#) ,(#-3.ũ!.-ũ242ũ/ "1#2ē
#/3(#, 1#
#23#ũ,#2ũ8ũ2#ũ2(#-3#ũ!.-ũ! / !(" "ũ"#ũ 3., 1ũ"#!(2(.-#2ũ(,/.13 -3#2ēũ 5(3#ũ #)#1!#1ũ".,(-(.ũ,#-3 +ũ8ũ!' -3 )#ũ #,.!(.- +ũ!.-ũ242ũ2#1#2ũ04#1(".2ũ8ũ"#ũ , -#1 ũ#2/#!( +ũ!.-ũ24ũ/ 1#) ēũ -3#-ı % ũ#!4 -(,(" "ũ8ũ31 -2/ 1#-!( ũ#-ũ24ũ /1.!#"#1ũ!.-ũ+.2ũ"#,;2ēũ
!34 1#
242ũ1#!412.2ũ#!.-¢,(!.2Ĕũ+.2ũ!4 +#2ũ '.1 ũ2#ũ/1#2#-3 -ũ!.,.ũ242ũ;1# 2ũ"#ũ 1#3.Ĕũ".-"#ũ/2(!.+¢%(! ,#-3#ũ2#-3(1;ũ +(,(3 !(¢-ũ8ũ/1. +#, 2ėũ"#2 11.++#ũ ++~ũ24ũ $4#19 ũ!1# 3(5 ũ8ũ24ũ(-2/(1 !(¢-ē
.5(#, 1#
04#ũ, -3(#-#ũ!.-ũ242ũ2#1#2ũ04#1(".2Ĕũ #-ũ#2/#!( +ũ242ũ'().2ēũ ++.2ũ-#!#2(3 -ũ"#ũ 24ũ $#!3.ũ8ũ!.,/1#-2(¢-ēũ 4ũ !3(34"ũ2#ũ 3.1- ũ4-ũ3 -3.ũ! , ( -3#ũ8ũ #+(%#1 -3#ũ !.-ũ04(#-#2ũ5(5#ēũ .ũ#2ũ !.-2#) +#ũ + ũ!.,/1 ũ8ũ5#-3 ũ"#ũ (#-#2ũ1 ~!#2Ĕũ ' !(#-" 2Ĕũ! 2 2ũ.ũ3#11#-.2ũ/.1ũ '.1 ēũ
(!(#, 1#
1#) ũ("# +Ėũ
I_d bW 9WhjW DWjWb Yecfb[jW feZ[cei Z[b_d[Wh bW Yec# fWj_X_b_ZWZ i be Z[ cWd[hW ][d[hWb$ 7i " W = c_d_i b[ Yedl[dZh W kdW f[hiedW Z[ WiY[dZ[dj[ 7YkWh_e" B_XhW" IW]_jWh_e" 7h_[i o B[e" Wb]k_[d Ykoe i_]de iebWh i[W B_XhW" IW]_jWh_e" B[e o 7YkWh_e$
#74 +(" "Ėũ
BW ZkWb_ZWZ YWhWYj[h ij_YW Z[ [ij[ i_]de ^Wh| gk[ feh kd bWZe Xkigk[ ik [ijWX_b_ZWZ [d iki i[dj_c_[djei o feh ejhe i[ [djh[]k[d YedijWdj[c[dj[ W f[gk[ ei Òbjh[ei$ BWi ][c_# d_WdWi ZWd c|i lWbeh Wb fbWde [if_h_jkWb gk[ Wb [h j_Ye$ BW l_ZW Z[ bW ][c_d_WdW [ij| bb[dW Z[ YWcX_ei _cfh[l_ijei$
ŗũ #ũ3.1- ũ, "41.ũ8ũ,48ũ!.-2#!4#-ı 3#ũ!.-ũ+.ũ04#ũ !.-3#!#ũ#-ũ24ũ'.% 1ũ 3 -3.ũ#-ũ#+ũ04#ũ423#"ũ$.1, ũ!.,.ũ '().ĸ Ĺũ"#ũ$ ,(+( ũ8ũ#+ũ04#ũ$.1, ũ!.,.ũ / "1#ĸ, "1#Ĺũ"#ũ$ ,(+( ēũ 2ũ!.-5#-(#-ı 3#ũ!.-31.+ 1ũ,;2ũ24ũ3#,/#1 ,#-3.Ĕũ8 ũ 04#ũ#23#ũ3(#-"#ũ ũ3.1- 12#ũ(,/4+2(5.ũ#ũ (-3.+#1 -3#ēũ 4#"#ũ,.231 1ũ#2!#/3(!(2,.Ĕũ!1~3(! ũ#7ı !#2(5 ũ8ũ#%.~2,.ũ ũ! 42 ũ"#ũ/1. +#, 2ũ 8ũ#-.).2ēũ # ũ,;2ũ/ !(#-3#ũ8ũ#!4;-(,#ē
ŗũ 2ũ,48ũ/1.
+#ũ04#ũ4- ũ1#+ !(¢-ũ 2#-3(,#-3 +ũ-4#5 ũ2#ũ+#ũ/1#2#-3#ēũ 23 ũ 31 #ũ!.,.ũ. )#3(5.ũ$4-" ,#-3 +ũ/1./.1ı !(.- 1+#ũ#-2# -9 ũ8ũ /1#-"(9 )#ēũ 2ũ#+ũ ,.,#-3.ũ"#ũ!.-2.+(" 1ũ8ũ ă -9 1ũ+ 9.2ũ "#ũ4-(¢-ũ!.-ũ242ũ'().2ēũ
ŗũ +ũ+4% 1ũ"#ũ31 ).ũ#2ũ$4#-3#ũ"#ũ#-2# -ı 9 ũ8ũ3.+#1 -!( ũ"41 -3#ũ#23#ũ,#2ēũ 2ũ-#!#ı 2 1(.ũ,#).1 1ũ+ 2ũ1#+ !(.-#2ũ!.-ũ/#12.- 2ũ !+ 5#2ũ/ 1 ũ#+ũ/1.%1#2.ũ#-ũ24ũ31 ).ēũ 4ũ 2 +4"ũ,#-3 +ũ8ũ#,.!(.- +ũ"#/#-"#ũ"#ũ+ ũ #04(" "ũ8ũ+ ũ1 9¢-ũ04#ũ ++~ũ/.-% ēũ
#2 11.++#ũ24ũ!1# 3(5(" "ũ +ũ,;7(,.ēũ 4#"#ũ' !#1ũ(-5#12(.-#2ũ!.-ũ#+ũ#731 -ı )#1.ũ.ũ%#-3#ũ04#ũ5#-% ũ.ũ5 8 ũ ++;ēũ #ũ $ 5.1#!#ũ31 ) 1ũ.ũ3#-#1ũ!.-3 !3.ũ"#ũ #-2# -9 ũ!.-ũ-( .2ũ.ũ)¢5#-#2ē
2ũ1#+ !(.-#2ũ!.-ũ#+ũ#731 -)#1.ũ8ũ+.2ũ 5( )#2ũ+#ũ2.-ũ/.2( +#2ũ '.1 ēũ -3#-% ũ 2(#,/1#ũ ũĄ.3#ũ24ũ"#2#.ũ"#ũ /1#-"(9 )#ũ !#1! ũ"#ũ!(#13 ũă+.2.$~ ũ04#ũ/4#"#ũ ! , ( 1ũ24ũ5(" ē
#!' 2ũ-#% 3(5 2ũ/ 1 ũ !3(5(" "#2ũ (,/.13 -3#2ũ#-ũĉćĈĈ ŗũũ 1#2#-3 ,.2ũ+ 2ũ"(23(-3 2ũ$#!' 2ũ04#ũ-.ũ2.-ũ/1.!+(5#2ũ/ 1 ũ!(#13.2ũ 24-3.2ē #-% ũ#-ũ!4#-3 ũ#23 ũ(-$.1, !(¢-ũ +ũ1# +(9 1ũ"(+(%#-!( 2ũ!.,.ũ5( ) 1ũ#-ũ 5(¢-ũ.ũ 1!.Ĕũ!.,ı
/1 1ũ4- ũ! 2 Ĕũ-#%.!(.2Ĕũ 43.,¢5(+Ĕũă1, ũ"#ũ!4 +04(#1ũ!.-31 3.Ĕũ!(14%~ 2Ĕũ4-(.-#2ũ, 31(,.ı -( +#2Ĕũ1#+ !(.-#2ũ ,.1.2 2Ĕũ!.,/1.,(2.2Ĕũ#-31#ũ.31 2ũ!.2 2ē
ũũũũũũũũũũũũũũũũũũũũũũ } ũ ũ ũũ ĈĉĔĈĎĔĈĐĔĉĒ ũ ČĔďĔĈĒĔĉĈĔĉČĔĉĐ ũ ĒĔĉćĔĉĈĔĉďĔĉđ ũ ĊĔĈĈĔĈđĔĈĒĔĉĉĔĊć ũ ĈĔĉĊĔĉČĔĉĎ
ũ ĈđĔĈĒĔĉćĔĉĈĔĉďĔĉđ
ŗũ #-3#ũ.
)#3(5 Ĕũ!.-ă -9 ũ8ũ#2,#1.ũ 2#1;-ũ+ 2ũ!+ 5#2ũ(,/.13 -3#2ũ/ 1 ũ2 +(1ũ "#+ -3#ũ#-ũ242ũ2.!(#" "#2ũ"#ũ!.,#1ı !(.Ĕũ/1.8#!3.2ũ"#ũ31 ).Ĕũă- -!(#1 2ũ8ũ $#!3(5 2ēũ 2ũ1#+ !(.-#2ũ"#ũ!.,#1!(.ũ /4#"#-ũ /.8 1+#ũ2(ũ+#2ũ/1#23 ũ!.-ă -9 ũ 8ũ3.+#1 -!( ũ ũ+.2ũ!1(3#1(.2ũ./4#23.2ē #ũ+#ũ/1#2#-3 -ũ./.134-(" "#2ũ!.-ı 5#-(#-3#2ũ ũ24ũ/ 1#) Ĕũ 1~-"#+#ũ /.8.ũ 8ũ2.+(" 1(" "Ĕũ8 ũ04#ũ-#!#2(3 ũ"#ũ24ũ 2(,/ 3~ ũ8ũ /1. !(¢-ē
ũũũũũũũũũũũũũũũũũũũũũũũũũ ~ ũ ũ
ũ ĉĔĐĔđĔĈĊĔĉćĔĉĒ ũ ĒĔĈĈĔĉĎ ũ đĔĈĐĔĈđĔĉĎĔĉĒ ũ ČĔĈĐĔĉĈĔĉđ ũ ĈĔĈĉĔĈĊĔĈČĔĉĈĔĉĊĔĉď ũũ ĈĔďĔĈĉĔĉĉĔĉĐĔĉĒ
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ä Äƒ
ēŊ Ŋ, 2341 !(¢-Ŋ8Ŋ+ Ŋ#8 !4+ !(¢-Ŋ#7!#2(5 2Ŋ/1."4!#-Ŋ"#2.1"#-#2Ŋ! 1"(.5 2!4+ 1#2ĔŊ 1#- +#2ĔŊ#-".!1(-.2Ŋ8Ŋ-#15(.Ĺ!#1# 1 +#2ē
+ĹŠ.1(%#-ĹŠ"#+ĹŠ/+ !#1ĹŠ2.+(3 1(.
.2Ŋ#7/#13 2Ŋ"#2,(#-3#-Ŋ+.2Ŋ,(3.2Ŋ8Ŋ#-$ 3(Ĺ 9 -Ŋ+ Ŋ- 341 +(" "Ŋ"#Ŋ+ Ŋ, 2341 !(¢-ē
BWi YeiWi [cf[ehWhed fWhW 9edi_Z[hWZe Yece kd jWX‘ e kd f[YWZe" [b fbWY[h ieb_jWh_e j_[d[ bei Z[\[dieh[i Z[ bW cWijkhXW# kdW \WcW Yedjhel[hi_Wb$ 7b]k# Y_ÂŒd YkWdZe h[YehZWhed gk[" [d ',--" [b Y_[dj‡ÒYe ^ebWdZƒi dei Z[ iki Z[\[dieh[i Wh# 7djed_[ LWd B[[km[d# ]kc[djWd gk[ [i kd WYje ĹŠ dWjkhWb" _ddWje Z[b i[h ^e[a ^WX‡W Z[iYkX_[hje [if[hcWjepe_Z[i [d [b ^kcWde$ F[he iki Z[jhWY# -3#ĹŠ+ ĹŠ/1./ % Äą i[c[d$ ;djedY[i" Z[if[h# jeh[i Wi[]khWd gk[ [i kdW !(¢-ĹŠ"#+ĹŠ ĹŠ fh|Yj_YW gk[ f[hl_[hj[ Wb Ä¸ÄˆÄ’Ä‘Ä‡ÄšĹŠ2#ĹŠ" ĹŠ Z_Y_Wh l_ZWi ^kcWdWi feh 3." ĹŠ4- ĹŠ1#5.+4Äą i[h ^kcWde$ !(¢-ĹŠ#-ĹŠ3.1-.ĹŠ +ĹŠ kd ĂˆWYje WXec_dWXb[É Z[][# Bei Wh]kc[djei [d 3#, ĹŠ8ĹŠ+ ĹŠ, 2Äą d[hÂŒ bW fh|Yj_YW W‘d c|i$ 341 !(¢-ĹŠ#2ĹŠ YedjhW Z[ bW cWijkhXW# 5(23 ĹŠ!.,.ĹŠ4- ĹŠ Y_ÂŒd de ied h[Y_[dj[i$ ;d !3(5(" "ĹŠ2#%41 Ä“ (#,/.2ĹŠ,."#1-.2 [b b_Xhe X‡Xb_Ye =ƒd[i_i i[ ;b j[cW \k[ jhWjWZe Yed h[bWjW bW ^_ijeh_W Z[ Ed|d" c|i YWbcW [d bW ZƒYWZW Z[ eXb_]WZe W YWiWhi[ Yed ik ĹŠ '/+&" YkWdZe febƒc_YWi Yk‹WZW jhWi bW ck[hj[ Z[ [djh[l_ijWi h[Wb_pWZWi feh 7b\h[Z A_di[o" f_ed[he Z[ ik ^[hcWde cWoeh" ;h$ ;ij[ WYk[hZe" f[hc_j_# Ä’Ä‰Ĺ˜ĹŠ"#ĹŠ+.2ĹŠ'.,Äą bW i[nebe]‡W" f[hc_j_[hed W 1#2ĹŠ8ĹŠÄŽÄ‘Ĺ˜ĹŠ"#ĹŠ h‡W Wb dWY_Ze ^[h[ZWh bei + 2ĹŠ,4)#1#2ĹŠ2#ĹŠ bW ][dj[ ^WXbWh Yed c[dei fkZeh WY[hYW Z[b j[cW$ X_[d[i Z[b Z_\kdje o Yed# , 2341 -ēŊ >eo [d Z‡W" bWi f[hY[f# j_dkWh bW b‡d[W ikY[ieh_W$ I_d [cXWh]e" Ed|d i[ d[]ÂŒ W Y_ed[i [d YedjhW Z[b fbWY[h ieb_# Z[ifeiWh W bW l_kZW$ ;d YWcX_e" jWh_e ^Wd Z_ic_dk_Ze$ ;ijkZ_ei [oWYkbÂŒ [d bW J_[hhW$ I[]‘d [b h[# Z[ bW fi_Yebe]‡W o bW i[nkWb_ZWZ ^kcWdW [nfed[d gk[ [ij[ [i bWje" :_ei be cWjÂŒ feh [ij[ WYje$ kd WYje _ddWje Z[b i[h ^kcWde" Yece be [nfb_YW J[h[iW 8eh`W" .-31 ĹŠ+ ĹŠ2 +4" ;d '-'(" bW WfWh_Y_ÂŒd Z[ kd Ze# fhe\[iehW Z[ Fi_Yebe]‡W Z[ bW Kd_# Ykc[dje WbWhcÂŒ W jeZei gk_[d[i l[hi_ZWZ IWd <hWdY_iYe Z[ Gk_je$ Z[\[dZ‡Wd bW cWijkhXWY_ÂŒd Z[# ÆBW cWijkhXWY_ÂŒd [i bW h[WYY_ÂŒd X_Ze W gk[ [d [ij[ i[ [nfed‡Wd dWjkhWb Z[ kd Yk[hfe [nY_jWZe" W lWh_Wi hWped[i fWhW fhe^_X_hbW$ jhWlƒi Z[ bW cWd_fkbWY_ÂŒd Z[ bei ĂˆEdWd_WÉ" kd cWd_Ă’[ije fkXb_YW# ][d_jWb[iÇ" _dZ_YW o W‹WZ[ gk[ Ze WdÂŒd_cWc[dj[ [d BedZh[i" [ij[ YecfehjWc_[dje _d_Y_W [d bW Z[iYh_X_ÂŒ [b ^|X_je Yece kd ĂˆWYje d_‹[p" de d[Y[iWh_Wc[dj[ [d kd WXec_dWXb[É$ 7Z[c|i" i[ WĂ’hcW# Yedj[nje i[nkWb" i_de feh fkhW XW gk[ ĂˆWkje#YedjWc_dWhi[É f[h# [nfbehWY_ÂŒd Z[b Yk[hfe$ Bk[]e" `kZ_YWXW [b Yh[Y_c_[dje Z[ d_‹ei [d bW WZeb[iY[dY_W" Æ[b i[dj_c_[d# o d_‹Wi" Z[][d[hWXW bWi \kdY_e# je i[ lk[bl[ c|i \k[hj[Ç$ d[i Ye]d_j_lWi h[ifediWXb[i Z[ bW Yecfh[di_ÂŒd" Wfh[dZ_pW`[ o 1 !3#1~23(! 2 jecW Z[ Z[Y_i_ed[i " YWkiWXW ]e# 8eh`W i[‹WbW gk[ [ij[ WYje d[Y[# dehh[W o fheleYWXW Z[iÂŒhZ[d[i i_jW Z[ Y_[hjWi YedZ_Y_ed[i" Yece [d bei ][d_jWb[i$ :[ [ijW \ehcW" Æj_[cfe" [ifWY_e" jhWdgk_b_ZWZ" i[ Æ_dl[djÂŒ kdW dk[lW [d\[hc[# ikWl_ZWZ o Yehh[YjW h[if_hWY_ÂŒd" ZWZ o kd c[YWd_ice del[Zeie fWhW Wi‡ [nfWdZ_h [b i[dj_c_[dje fWhW ][d[hWh YkbfW" l[h]”[dpW fbWY[dj[heÇ$ I_ h[Wb_pW Yehh[YjW# o Wd]kij_WÇ" _dZ_YW [b i[nÂŒbe]e c[dj[ Z[cWi_WZe h|f_Ze e Yed J^ecWi BWgk[kh [d ik b_Xhe Wdi_[ZWZ Wdj[ bW fei_X_b_ZWZ Z[ ĂˆI[ne Ieb_jWh_eÉ$ i[h Z[iYkX_[hje" fk[Z[ fheZkY_h
#-% ĹŠ#-ĹŠ!4#-3 #-#ă!(.2
Ĺ—ĹŠ 1#5(#-#ĹŠ#+ĹŠ!.-3 %(.ĹŠ"#ĹŠ#-$#1,#" "#2Ä“ 1 9.2Ä“ Ĺ—ĹŠ 1#5(#-#ĹŠ#, Ĺ—ĹŠ 84" ĹŠ ĹŠ2 3(2$ !#1ĹŠ"#2#.2ĹŠ- 341 +#2Ä“
#3 ++#2
/(-(.-#2Ŋ +Ŋ1#2/#!3. Ŋ 1#.Ŋ04#Ŋ#2Ŋ4-Ŋ!.,/.13 ,(#-3.Ŋ-.1, +ĔŊ ŗ 4-04#Ŋ#2Ŋ(-!¢,.".Ŋ"(2!43(1+.Ŋ/.104#Ŋ#2Ŋ +%.Ŋ/1(5 ".ēŊĸ "( ĔŊĉĉŊ  .2Ě
Ŋ 1 Ŋ,~Ŋ+ Ŋ, 2341 !(¢-Ŋ#2Ŋ4- Ŋ-#!#Ĺ ŗ2(" "Ŋ"#+Ŋ ".+#2!#-3#Ŋ8Ŋ"#+Ŋ "4+3.ēŊ .-Ŋ
#+ĹŠ/ 2.ĹŠ"#+ĹŠ3(#,/.ĹŠ4-.ĹŠ5 ĹŠ1.,/(#-".ĹŠ+.2ĹŠ 3 ĂŒ2ēŊĸ -"1_2Ä”ĹŠÄ‰ÄŒĹŠ  .2Äš
Ŋ 2Ŋ4-Ŋ/1. +#, Ŋ.!4+3.Ŋ04#Ŋ/1;!3(! Ĺ ŗ,#-3#Ŋ3.".2Ŋ3(#-#-ēŊ 1#.Ŋ04#Ŋ+.Ŋ,;2Ŋ
%1 5#Ŋ#2Ŋ04#Ŋ!.-Ŋ#23 Ŋ/1;!3(! Ŋ2#Ŋ!1# -Ŋ #7/#!3 3(5 2Ŋ04#Ŋ+ Ŋ/ 1#) Ŋ-.Ŋ/."1;Ŋ++#- 1ēŊ ĸ 1!.ĔŊĉćĚ
i[dj_c_[djei Z[ YkbfW o [b _dZ_# l_Zke h[WYY_edWh| Z[ jh[i \ehcWi fei_Xb[i0 d[]WY_ÂŒd [n_]_hi[ [b_# c_dWh f[diWc_[djei WY[hYW Z[b j[cW " `kij_Ă’YWY_ÂŒd Z[Y_hi[ W i‡ c_ice gk[ [ij| X_[d e h[fh[i_ÂŒd d[]Whi[ W i‡ c_ice [b WYY[ie W bW YedZkYjW o fheleYWh \hkijhWY_ÂŒd $ ;i feh [ije gk[ bW [nf[hjW h[# Yec_[dZW cWdj[d[h jhWdgk_b_ZWZ Wdj[ bW fh|Yj_YW" fk[i ÆbW cWijkh# XWY_ÂŒd _dYbkie b[ fk[Z[ WokZWh W YedjhebWh ik YedZkYjW i[nkWb _d# j[hf[hiedWb Yed kdW f[hiedW gk[ gk_p|i de b[ Yedl_[d[Ç$ B[bbWdo 9ebb" i[nÂŒbe]W [i# f[Y_Wb_ijW [d j[hWf_W Z[ fWh[`W" jWcX_ƒd h[YedeY[ bW dWjkhWb_ZWZ Z[b fbWY[h ieb_jWh_e$ I_d [cXWh]e" WZl_[hj[ gk[ fk[Z[ Yedl[hj_hi[ [d kd fheXb[cW Wb _dj[h_eh Z[ bW fWh[`W i_ de [i Æd[]eY_WZeÇ$ ;n# fb_YW gk[ Z[X[ [n_ij_h kd Yedi[d# ie WY[hYW Z[ YÂŒce i[ lWd W kj_b_# pWh bW cWijkhXWY_ÂŒd o bei `k[]ei i[nkWb[i$ Æ;ijWi YeiWi Z[X[d iWblWhi[ W fWhj_h Z[ bW Yeckd_YW# Y_ÂŒd ‡dj_cWÇ$
4~"#2#ĹŠ"#ĹŠ+.2ĹŠ!+(, 2ĹŠ$1~.2 7 f[iWh Z[ gk[ [b h[i\h_WZe [d [b i[]kdZe YkWZhe kikWbc[dj[ Yec‘d o bW ]h_f[ YecfWhj[d WfWh[Y[d Z[ h[f[dj[0 Ă’[Xh[ Z[ c|i Z[ )."/ ]hWZei Y[dj‡]hWZei" Yed# ckY^ei i‡djecWi i_c_# bWh[i" [ijWi ied Zei Yed# ĹŠ ][ij_ÂŒd dWiWb" d|ki[Wi" [iYWbe# Z_Y_ed[i Z_ij_djWi$ \h‡ei o ikZeh[i" \Wj_]W" Zebeh[i 7i‡" bei i‡djecWi ckiYkbWh[i [if[Y_Wbc[dj[ [d Z[b fh_c[h YWie i[ Z[# 4-! ĹŠ2#ĹŠ 43.Äą bW [ifWbZW" [d bei XhWpei o [d ,#"(04#ĔŊ#23.ĹŠ iWhhebbWd b[djWc[dj[ o /."1~ ĹŠ!.,/+(! 1ĹŠ bWi f_[hdWi " jei" Zebeh Z[ YWX[# fk[Z[d _dYbk_h0 Ă’[Xh[ 24ĹŠ2 +4"ēŊ (#,/1#ĹŠ!.-24+Äą pW o fƒhZ_ZW Z[b Wf[j_je Z[ ^WijW )."/ ]hWZei 3#ĹŠ!.-ĹŠ4-ĹŠ#2/#Äą !( +(23 ĹŠ,_"(!.ēŊ Y[dj‡]hWZei" 1 ĹŠ2#-3(12#ĹŠ,#).1 dWh_p Yed ckYei_# De [n_ij[ YkhW fWhW [b h[i\h_W# ZWZ e jkf_ZW" Yed \h[# Ze Yec‘d$ Be ‘d_Ye gk[ fk[Z[ Yk[dY_W Yed i[Yh[Y_ÂŒd l[hZ[ ^WY[h [i jhWjWh bei i‡djecWi c_[djhWi e WcWh_bbW " Zebeh Z[ ]Wh]WdjW" gk[ ik Yk[hfe YecXWj[ [b l_hki$ FWhW bW ]h_f[" [b cƒZ_Ye fheXW# jei" [ijehdkZei" \Wj_]W" Zebeh[i ckiYkbWh[i" Zebeh Z[ YWX[pW o Xb[c[dj[ b[ h[Yec[dZWh| [b jhWjW# e`ei bbeheiei$ c_[dje Z[ bei i_]dei ^WijW i[dj_hi[ Feh ejhW fWhj[" bWi i[‹Wb[i c[`eh$ ;d YWiei ]hWl[i i[ fk[Z[ h[Y[jWh \|hcWYe Wdj_l_hWb$ ;ijei fk[Z[d WYehjWh [b j_[cfe gk[ ki# j[Z [ij| [d\[hce$ L_[d[d [d \ehcW .1, 2ĹŠ"#ĹŠ31 3 1ĹŠ Z[ jWXb[jWi" `WhWX[i e [d kd _d^WbW# ~-3., 2ĹŠ"# 1#2$1( ".ĹŠ8ĹŠ%1(/# Zeh$ ;b j_fe Z[ c[Z_YWc[dje _d^W# bWZe fk[Z[ YWkiWh fheXb[cWi fWhW Wb]kdWi f[hiedWi Yed WicW e Yed ĹŠ #2! -2#ĹŠ,4!'.ĔŊ#2/#!( +,#-3#ĹŠ [d\[hc[ZWZ fkbcedWh eXijhkYj_lW Ĺ—,(#-31 2ĹŠ3(#-#ĹŠÄƒ# 1#ēŊ 23.ĹŠ 84" ĹŠ ĹŠ24ĹŠ YhÂŒd_YW ;FE9 $ !4#1/.ĹŠ ĹŠ!., 3(1ĹŠ+ ĹŠ(-$#!!(¢-Ä“ ĹŠ #)#ĹŠ#+ĹŠ3 !.ĹŠ8ĹŠ#5(3#ĹŠ#+ĹŠ'4,.ĹŠ Ĺ—"#ĹŠ+ 2ĹŠ/#12.- 2ĹŠ04#ĹŠ$4, -ĹŠ ĹŠ24ĹŠ
+1#"#".1ĔŊ#+Ŋ!4 +Ŋ/4#"#Ŋ#,/#.1 1Ŋ 24Ŋ2 +4"ē Ŋ .,#Ŋ+~04(".2Ŋ#-Ŋ 4-" -!( Ŋ3 +#2Ŋ ŗ!.,.Ŋ %4 Ŋ8Ŋ2./ 2Ŋ!+ 1 2ēŊ .2Ŋ+~04(Ĺ ".2Ŋ 84" -Ŋ Ŋ Ą.) 1Ŋ+ Ŋ,4!.2(" "ēŊ , (_-Ŋ2.-Ŋ(-"(2/#-2 +#2Ŋ/.104#Ŋ 84" -Ŋ Ŋ/1#5#-(1Ŋ+ Ŋ"#2'("1 3 !(¢-ē Ŋ % Ŋ%;1% 1 2Ŋ!.-Ŋ %4 Ŋ!.-Ŋ2 +Ŋ ŗ5 1( 2Ŋ5#!#2Ŋ +Ŋ"~ Ŋ/ 1 Ŋ +(5( 1Ŋ#+Ŋ".+.1Ŋ "#Ŋ% 1% -3 ē ŗŊ 5(3#Ŋ#+Ŋ +!.'.+ē
Ĺ? Ĺ?
Ĺ?
ÂĄ
ÄŠĹ‹
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
Ä Ä…
62&,('$'
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
$1Ă?1,0$
$&&,Ă?1 '(
526752
7$6$5
)$67,',2
+8//$
02/(67,$
6ĂŒ0%2/2 '(
'8(f$ )5(1$5
%8/72
3,e/$*2
352<(&72
&2/0$5
,'($
+(1&+,5
3$5&+( 75$%$-2 2%5$
ĹŠĹŠ
'(3$57$0(172 '( 9(1(=8(/$
6ĂŒ0%2/2 '(
1257ĂŒ)(52
%5202
0257$/ (6326$ '( $%5$+$0
&$%2 521=$/
9ĂŒ$ &$/=$'$
$6,'(52
&217$5
3$72
(7,48(7$
*8$5,'$ '(/
+(50$1 '( $%(/ &$%(=$
- ĹŠ-.!'# #-ĹŠ#+ĹŠ 42#.
262
&$3,7$/ '( 8*$1'$
&,8'$' '( &+,/(
$/7$5
',0,187$
*$5$17ĂŒ$ 5$02 /$5*2 <
&,8'$' '( )5$1&,$ (67$'2 '( %5$6,/
Ĺ—ĹŠ ĹŠBWhho" [b ]kWhZ_W deYjkh# de Z[b Cki[e Z[ 9_[dY_Wi
6$/8'2 ,1',2
'(/*$'2 %$/'ĂŒ2
3$5$ ',63$5$5
&,17$ '( $/*2'Ă?1
/$ %5Ă”-8/$
62*$ '(
3$/0$ '( &$1$5,$6
)/(&+$6
3(/ĂŒ&8/$ '25$'$
(63$572
*(1(5$&,Ă?1 2 /,1$-( &58(/
,1),1,72 3(5'85$%/( ',*1,'$' 3$3$/
%É5%$52
52('25 3/$1(7$ 3$'5(
6ROXFLyQ DQWHULRU *
( $
5
9
2
(
6 ',26 '(/ $025
5(/$7,92 $/ 62/
$&75,= '( /$ 3(/ĂŒ&8/$ /$ %5Ă”-8/$
' 7
5
(
(
1
1
(
5 $
/ (
325 7$172
5
,
$
$7$/$<$
*
$
5
1
7
$
2
5
0$/(7ĂŒ1 '( &8(52
%/$6)(0$5 5()81)8f$5
5
(;,67,5
2
1
(
5
2
1
20(*$
(
$&725 '( /$ 3(/ĂŒ&8/$ /,17(51$ 9(5'(
2
0
)(0(1,12
&(/(%5,'$'(6 <;>8I 8CC8E GF< (/'0 $ (/+0 <J:I@KFI EFIK<8D<I@:8EF% J< ;@JK@E>L@ä :FDF GF<K8# :Ià K@:F P 8LKFI ;< :L<EKFJ GFCà K@:FJ P ;< K<IIFI%
(
/ &$3,7$/ '( 1258(*$ (67$%,/,=$'25 '( /26 %Ă?/,'26
5 5
,
7
,
(
/
2
(
$ 6 ,
(
5
2
5
',(= (1 ,1*/e6
2(67(
+$&+$
$)/8(17(
2
/
$57ĂŒ&8/2
(
5(/$7,92 $ /$ %2&$ 0$1*2 '(/
( 3$75,$5&$ '(/ ',/89,2 (6725%2 2%67É&8/2
9$62 9ĂŒ$
7
2 $
5
7
$
5
(67$'2 '( 0e;,&2
( 0$0ĂŒ)(52 352%26&,',2
1
9(5'$'(52
1
352&5($5
&
3852 1(72
(
48ĂŒ0,&2 '( 6ĂŒ0%2/2 1(
352'8&,5
5
7,=$
)
(
6
/
(
6 &5((1&,$
'25$'$
35(*5,1$&,Ă?1 $ 81 6$178$5,2
$ &219,&7$ 0$'5( '( -(6Ô6
&$3,7$/ '( 3(5Ă” 35,1&(6$ ,1&$
$ (19$6(
$
2
129(1$ /(75$ *5,(*$
7$&+$
%8552
2
5
$
/
;
$
.
$
0
$
5
$
%
2
',26 '( /$ ,1',$ 5ĂŒ2 '(/ (&8$'25
08(%/(6 $'9(5%,2 '( &$17,'$'
92= '( $558//2 0(','$ ,1*/(6$ '( &$3$&,'$'
,
0
$
$
0
7
$
5
$
$
5
/
$
5
6
2
*8,6$5 5(=$5 683/,&$5
$
$ 7(50,1$&,Ă?1 9(5%$/
7,(032
/
(
&
5
$8/$ &$7(*25ĂŒ$ &$3,7$/ '( ,7$/,$
$
/ $ 5
0 0(6 '(/ $f2 &+,)/$'2
2 ,
5 $
5
1
&
$
0$<2 (1 ,1*/e6 3529,1&,$ '( (63$f$
&É17,&2 5(/, *,262 +(%5(2
,
'
$
6(f25$
'
$
0
0
2
5
+8(62 /$5*2 '(/ $17(%5$=2
7(0%/$5 7,5,7$5
752=2 325&,Ă?1 $7$/$<$
267(17$&,Ă?1
1 2
+20%5( (1 ,1*/e6
$
6
0 /,(%5( '( /$ 3$7$*21,$ 6ĂŒ0%2/2 '( &/252
'
$ 021$5&$ 3(58$12
3$72
5 (
$
<
&
/
2
1
7(6252 3Ă”%/,&2
$/)$ 5(< '( (*,1$ +,-2 '( =(86 %$55,*$ 2
}
ŗŊ Ŋ9Wiei gk[ h[ikbjWh|d _c# fWYjWdj[i o Z_\‡Y_b[i Z[ Yh[[h$
2 !ĹŠ #63.-
IkY[iei _cfh[i_edWdj[i gk[ b[ ceijhWh|d Yk|d YhkZW [i bW h[Wb_ZWZ Z[ dk[ijhW ieY_[ZWZ$ @edWj^Wd 9Whh[hW" h[YedeY_Ze fh[i[djWZeh Z[ dej_Y_Wi" o 7dZh[W B[Œd i[h|d bei [dYWh# ]WZei Z[ Yedl[hj_hbe [d j[ij_]e Z[ [ijei ^[Y^ei _cfh[i_edWd# j[i gk[ YhkpWh|d bW b‡d[W Z[ be _d_cW]_dWXb[$
ĸĈÄ?ÄŒÄŠÄąÄˆÄ?ĉČĚ
Ĺ—ĹŠĹŠ
<‡i_Ye o cWj[c|j_Ye _d]bƒi" [b fh_c[he [i Z[iYh_X_h bW b[o Z[ ]hWl_jWY_ÂŒd kd_l[hiWb" dWY[ kd Z‡W Yece ^eo$ I[ b[ YWb_Ă’YW Yece [b Y_[dj‡ÒYe c|i ]hWdZ[ Z[ jeZei bei j_[cfei$ ;ijWXb[# Y_ÂŒ bWi XWi[i Z[ bW c[Y|d_YW Yb|i_YW c[Z_Wdj[ bWi b[o[i gk[ bb[lWd ik decXh[ o Z[iWhhebbÂŒ [b Y|bYkbe cWj[c|j_Ye$ <k[ [b fh_c[he [d Z[ceijhWh gk[ bWi b[o[i dWjkhWb[i gk[ ]eX_[hdWd [b cel_c_[dje [d bW J_[hhW o bWi gk[ ]eX_[hdWd [b cel_# c_[dje Z[ bei Yk[hfei Y[b[ij[i ied bWi c_icWi$ 7kjeh" [djh[ ejhei" Z[b b_Xhe ĂˆFh_dY_f_ei cWj[c|j_Yei Z[ bW Ă’beie\‡W dWjkhWbÉ$
: ĹŠ }
ĹŠ. #2(" "ĹŠ3 , (_-ĹŠ $#!3 ĹŠ ĹŠ+.2ĹŠ -(, +#2 ]ehZWh de [i kd fheXb[cW gk[ iebe W\[Yj[ W bei ^kcWdei [d [b h[_de Wd_cWb$ Kd [gk_fe Z[ _d# l[ij_]WZeh[i [d ;ijWZei Kd_Zei Z[iYkXh_ÂŒ gk[ bei Wd_cWb[i jWc# X_ƒd ^Wd ]WdWZe a_bei [d bei ‘b# j_cei W‹ei$ BW YWkiW fk[Z[ i[h [b YWc# X_e [d bW Z_[jW$ I_ bW ][dj[ Ă„[d fWhj[Ă„ [ij| [d]ehZWdZe fehgk[ bb[lW kdW l_ZW c|i i[Z[djWh_W o Yec[ Wb_c[djei h_Yei [d ]hWiWi iWjkhWZWi" [i cko fheXWXb[ gk[ iki cWiYejWi h[Y_XWd h[ijei Z[
[ijei c_icei Wb_c[djei o gk[ i[Wd c[dei WYj_lWi \‡i_YWc[dj[ i_ iki Zk[‹ei de bWi ^WY[d [`[hY_# jWh be ikĂ’Y_[dj[$ :[ifkƒi Z[ [ijkZ_Wh Y[hYW Z[ (&$&&& Wd_cWb[i" [d (* fe# XbWY_ed[i Z[ . [if[Y_[i Z[ cW# c‡\[hei" [b _dl[ij_]WZeh :Wl_Z 7bb_ied" Z[ bW Kd_l[hi_ZWZ Z[ 7bWXWcW" dejÂŒ gk[ [ijei ^WX‡Wd Wkc[djWZe ik lebkc[d YehfehWb [d bei ‘bj_cei ,& W‹ei" ^WY_ƒd# Zei[ [Ye Z[ bW c_icW j[dZ[dY_W gk[ fh[lWb[Y[ [d bW feXbWY_ÂŒd$ :[ bei Wd_cWb[i [ijkZ_WZei Ă„
f[hhei" ]Wjei" Y^_cfWdYƒi" hWjWi o hWjed[iĂ„ iÂŒbe kdW feXbWY_ÂŒd" bW Z[ bWi hWjWi gk[ ^WX_jWd bW Y_k# ZWZ o bei Wbh[Z[Zeh[i Z[ 8Wbj_# ceh[" [d bW YeijW [ij[ Z[ ;ijWZei Kd_Zei" l_l[ [d [ijWZe iWblW`[$ Bei Z[c|i l_l[d [d YWiWi" `kdje W iki Zk[‹ei" e f[hj[d[Y[d W bW# XehWjeh_ei Y_[dj‡ÒYei$
ĸ, 8.ĹŠÄ‰ÄˆĹŠÄąĹŠ)4-(.ĹŠÄ‰ÄˆÄš /1.5#!'#ĹŠ+ ĹŠ$4#19 ĹŠ8ĹŠ! / !(" "ĹŠ"#ĹŠ !!(¢-ĹŠ04#ĹŠ/.2##ĹŠ#-ĹŠ#23#ĹŠ,.,#-3.ĹŠ/ 1 ĹŠ /.-#1ĹŠ#-ĹŠ, 1!' ĹŠ242ĹŠ/+ -#2ēŊ #!4#1"#Ä–ĹŠ 1 )#ĹŠ!.-ĹŠ +#%1~ ĹŠ/ 1 ĹŠ04#ĹŠ2# ĹŠ, 8.1ĹŠ+ ĹŠ 2 3(2$ !!(¢-ĹŠ"#ĹŠ1# +(9 1ĹŠ242ĹŠ3 1# 2Ä“
ĸ)4-(.ŊĉĉŊĹŊ)4+(.ŊĉĉĚ -Ŋ+.Ŋ1#$#1#-3#Ŋ Ŋ+.Ŋ/1.$#2(.- +Ŋ "ēŊ"# #1;Ŋ !34 1Ŋ!.-Ŋ! +, Ŋ8Ŋ243(+#9 Ŋ8 Ŋ04#Ŋ242Ŋ 24/#1(.1#2Ŋ2#1;-Ŋ,4!'.Ŋ,;2Ŋ#7(%#-3#2ēŊŊ #!4#1"#ĖŊ .Ŋ1# +,#-3#Ŋ(,/.13 -3#Ŋ#2Ŋ24Ŋ #04(+( 1(.Ŋ#,.!(.- +Ŋ8Ŋ24Ŋ31 -04(+(" "ē
ĹŠĹŠ
9,(175(
ÄŠĹ‹
^ ĹŠ
: ĹŠĹŠ
/,0$5 5$=$5
9$6,-$ 3$5$
/$%5$5
6
/21*,78' 32/ĂŒ7,&2 &+,12
5ĂŒ2 '( $/(0$1,$
&
5
/ $
3,e/$*2
/
2 <
*2/)2 '(/ 0$5 52-2
0(','$ '(
$1725&+$
/(&+2
,
&,8'$' '( &+,/(
$
0
$
6 $ &$16$'$
Ä”ĹŠÄˆÄ’Ä–Ä‡Ä‡
Ĺ Ŋ ŊěŊ BW j[dZ[dY_W W [d#
ĸ 1(+ŊĉćŊĹŊ, 8.ŊĉćĚ #1 Ŋ(,/.13 -3#Ŋ04#Ŋ2 04#Ŋ"#Ŋ24Ŋ(-3#1(.1Ŋ 3." 2Ŋ+ 2Ŋ#,.!(.-#2Ŋ04#Ŋ+#Ŋ+ 23(, -Ŋ8Ŋ $#!3 -Ŋ8 Ŋ04#Ŋ#+Ŋ%4 1" 1+ 2Ŋ2.+.Ŋ+.Ŋ#,Ĺ /#.1 1;ēŊŊ #!4#1"#ĖŊ #-"(%.ŊŊ!.,.Ŋ2.8ĔŊ 2.8Ŋ(%4 +,#-3#Ŋ/. 1#Ŋ#-Ŋ2#1Ŋ %1 "#!(".ē
$&725 '( /$ 3(/ĂŒ&8/$ 6:(37 $:$<
&$03e21
ĹŠĹŠ
ĹŠĹŠ
,1)e57,/
$&75,= '( /$
ĸ$# 1#1.ĹŠÄˆÄ’ĹŠÄąĹŠ, 19.ŊĉćĚŊ +ĹŠ"(-#1.ĹŠ2#1;ĹŠ,;2ĹŠ1#+#5 -3#ĹŠ/ 1 ĹŠ "ēŊ 1.Äą !41#ĹŠ#5(3 1ĹŠ04#ĹŠ+.2ĹŠ 24-3.2ĹŠ1#+ !(.- ".2ĹŠ !.-ĹŠ_23#ĹŠ+.ĹŠ3.1-#-ĹŠ(11(3 +#ēŊ #!4#1"#Ä–ĹŠ .8ĹŠ #2ĹŠ24ĹŠ./.134-(" "ĹŠ/ 1 ĹŠ/1.%1#2 1Ä“ ĸ, 19.ĹŠÄ‰ÄˆĹŠÄąĹŠ 1(+ĹŠÄˆÄ’Äš 1 3#ĹŠ"#ĹŠ#7/1#2 1ĹŠ242ĹŠ2#-3(,(#-3.2ĹŠ"#ĹŠ , -#1 ĹŠ24 5#ĹŠ8ĹŠ , +#ēŊ 2ĹŠ/1. +#ĹŠ04#ĹŠ % -#ĹŠ/#2.ĹŠ#-ĹŠ#23#ĹŠ/#1~.".ēŊ #!4#1"#Ä–ĹŠ (ĹŠ24ĹŠ!.1 9¢-ĹŠ ĂŒ-ĹŠ#23;ĹŠ24 "#2 11.++ ".ĔŊ (-"ĂŒ9! +.ĹŠ ĹŠ , 1Ä“
5(3(7,5
ĹŠ ĹŠ Ä”ĹŠÄˆÄŒÄ–ÄŽÄ?
.1/1#-"#-3#
ĸ#-#1.ĹŠÄˆÄ’ĹŠÄąĹŠ$# 1#1.ĹŠÄˆÄ’Äš 4ĹŠ,#-3#ĹŠ2#1;ĹŠ,4!'.ĹŠ,;2ĹŠ;%(+ĹŠ8ĹŠ"#2/(#1Äą 3 ĹŠ+.ĹŠ04#ĹŠ"# #1;ĹŠ /1.5#!' 1ĹŠ#-ĹŠ#+ĹŠ;1# ĹŠ"#ĹŠ +.2ĹŠ#234"(.2ēŊŊ #!4#1"#Ä–ĹŠ 1#9! ĹŠ'.8ĹŠ!.,.ĹŠ /#12.- ĹŠ#)#1!(3 -".ĹŠ242ĹŠ!4 +(" "#2Ä“
$57( '( 3(6&$
7$0%25 '( 81
DWjkhWb[i" i[ [d\h[djW W i[h_ei fheXb[cWi YkWdZe bei f[hie# dW`[i Z[b bk]Wh YeXhWd l_ZW$ ;b ‘d_Ye gk[ be fk[Z[ WokZWh [i [b fh[i_Z[dj[ J[ZZo Heei[# l[bj$ 9_djW fhejW]ed_pWZW feh 8[d Ij_bb[h" :_Ya LWd :oa[ o C_Ya[o Heed[o$
ĹŠĹŠ
&5202
&$16$'$
'(7(1(5
Ä !(¢Ŋ4-ĹŠ"~ ĹŠ!.,.ĹŠ'.8Ä&#x;
.2##Ŋ4- Ŋ$ !(+(" "Ŋ(-- 3 Ŋ/ 1 Ŋ!.,4-(Ĺ ! 12#Ŋ!.-Ŋ+.2Ŋ"#,;2Ŋ8Ŋ' !#1Ŋ#-3#-"#1Ŋ242Ŋ /4-3.2Ŋ"#Ŋ5(23 Ŋ+.Ŋ!4 +Ŋ+#Ŋ' !#Ŋ4-Ŋ 4#-Ŋ , #231.ēŊ 2Ŋ/14# 2Ŋ8Ŋ+#!!(.-#2Ŋ2.-Ŋ !.-23 -3#2Ŋ#-Ŋ24Ŋ5(" Ŋ8Ŋ#23 2Ŋ+#Ŋ#-1(04#Ĺ !#-Ŋ(-3#1- ,#-3#ē
/,&25
ĸ)4+(.ŊĉĊŊĹŊ %.23.ŊĉĉĚŊ ." Ŋ(-(!( 3(5 Ŋ"#-31.Ŋ"#Ŋ+.2Ŋ-#%.!(.2Ŋ.Ŋ #234"(.2Ŋ2#1;Ŋ5 +(.2 Ŋ#-Ŋ#23#Ŋ,.,#-3.ēŊ 2Ŋ/1. +#Ŋ04#Ŋ2#Ŋ!.-!1#3#-Ŋ+.2Ŋ5( )#2ēŊ #!4#1"#ĖŊ 2(,(+#Ŋ+ 2Ŋ#7/#1(#-!( 2Ŋ8Ŋ /1.5_!'#+ 2Ŋ/ 1 Ŋ24/#1 12#ē
ĹŠĹŠ
ĸ %.23.ŊĉĊŊĹŊ2#/3(#, 1#ŊĉĉĚ "ēŊ"# #1;ĹŠ2#1ĹŠ,;2ĹŠ! +,.ĹŠ +ĹŠ,.,#-3.ĹŠ "#ĹŠ $1.-3 1ĹŠ+.2ĹŠ! , (.2ĹŠ04#ĹŠ2#ĹŠ1#+ !(.-#-ĹŠ ĹŠ24ĹŠ/#12.- ĹŠ8ĹŠ#,.!(.-#2ēŊ ĹŠ2(34 !(¢-ĹŠ #!.-¢,(! ĹŠ"#ĹŠ24ĹŠ/ 1#) ĹŠ/4#"#ĹŠ2#1ĹŠÄ„4!Äą 34 -3#ĹŠ/.1ĹŠ+.ĹŠ04#ĹŠ"# #1;ĹŠ2#1ĹŠ,#"(".ēŊŊ #!4#1"#Ä–ĹŠÄž:-(,.Ä?ĹŠ ēēēŊĞ "#+ -3#Ä?
ĹŠĹŠ
ĸ2#/3(#, 1#ŊĉĊŊĹŊ.!34 1#ŊĉĉĚ #24#+5 ĹŠ"#ĹŠ, -#1 ĹŠ2#1#- ĹŠ8ĹŠ, "41 ĹŠ+ 2ĹŠ "($#1#-!( 2ĹŠ!.-ĹŠ24ĹŠ/ 1#) ĔŊ#23 ĹŠ3#-"#1;ĹŠ ĹŠ 2#1ĹŠ(11(3 +#ĹŠ/.1ĹŠ+.ĹŠ04#ĹŠ "ēŊ"# #1;ĹŠ31 3 1ĹŠ "#ĹŠ, -3#-#1ĹŠ+ ĹŠ! +, ĹŠ ĹŠÄƒ-ĹŠ"#ĹŠ!.-2#15 1ĹŠ + ĹŠ/ 9ēŊ #!4#1"#Ä–ĹŠ .ĹŠ04#ĹŠ+#ĹŠ" ĹŠ #++#9 ĹŠ#+ĹŠ "#2(#13.ĹŠ#2ĹŠ2 #1ĹŠ04#ĹŠ#7(23#ĹŠ4-ĹŠ. 2(2Ä“
ĹŠĹŠ
ĸ.!34 1#ŊĉĊŊĹŊ-.5(#, 1#ĹŠÄ‰ÄˆÄšĹŠ 1#!4#-3#ĹŠ/#12.- 2ĹŠ8ĹŠ+4% 1#2ĹŠ04#ĹŠ+#ĹŠ 1(-"#-ĹŠ/ 9ĹŠ8ĹŠ2#1#-(" "ĹŠ8 ĹŠ04#ĹŠ#23.ĹŠ #-#ă!( 1;ĹŠ ĹŠ24ĹŠ2 +4"ĹŠ$~2(! ĹŠ8ĹŠ#,.!(.- +ēŊ 5(3#ĹŠ+.2ĹŠ!.-"(,#-3.2ĹŠ8ĹŠ/(! -3#2ĹŠ#-ĹŠ "#, 2~ ēŊŊ #!4#1"#Ä–ĹŠ .ĹŠ2#ĹŠ"#)#ĹŠ5#-!#1ĹŠ/.1ĹŠ#+ĹŠ, +Ä—ĹŠ -3#2ĹŠ (#-ĔŊ5#-9 ĹŠ +ĹŠ, +ĹŠ!.-ĹŠ#+ĹŠ (#-Ä“
ĹŠĹŠ
ĸ-.5(#, 1#ŊĉĉŊĹŊ"(!(#, 1#ĹŠÄ‰ÄˆÄšĹŠ
Ŋ(-"#/#-"#-!( Ŋ8Ŋ+( #13 "Ŋ2#1;-Ŋ+.2Ŋ (#-#2Ŋ,;2Ŋ/1#!( ".2Ŋ"#Ŋ24Ŋ/ 1#) Ŋ/.1Ŋ+.Ŋ 04#Ŋ "ēŊ"# #1;Ŋ1#2/#3 1+.ēŊ # Ŋ/ !(#-3#Ŋ !.-Ŋ242Ŋ'().2ēŊŊ #!4#1"#ĖŊ .-2#15#Ŋ+ Ŋ/ 9Ŋ (-3#1(.1Ŋ#-Ŋ+.2Ŋ_7(3.2Ŋ!.,.Ŋ#-Ŋ+.2Ŋ$1 ! 2.2ē
ĹŠĹŠ
ĸ"(!(#, 1#ŊĉĉŊĹŊ#-#1.ĹŠÄˆÄ’Äš /.8#ĹŠ8ĹŠ 84"#ĹŠ ĹŠ24ĹŠ, "1#ĹŠ ĹŠ2. 1#++#5 1ĹŠ +.2ĹŠ,.,#-3.2ĹŠ"($~!(+#2ĹŠ8 ĹŠ04#ĹŠ#23.2ĹŠ 3#-"#1;-ĹŠ ĹŠ3.1- 1+ ĹŠ(11(3 +#ĹŠ8ĹŠ#-.).- ēŊ ĹŠ ! +, ĹŠ#2ĹŠ,48ĹŠ5 +(.2 ēŊ #!4#1"#Ä–ĹŠ ! 1(!(#ĹŠ ĹŠ242ĹŠ2#,#) -3#2ĹŠ!.-ĹŠ4- ĹŠ2.-1(2 ĹŠ!.1"( +Ä“
Ä Ä†
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ĹŠ
4ĹŠ/1(,#1 5(!3.1( ĹŠ#-ĹŠ .' ĹŠ +ĹŠ3#-(23 ĹŠ#2/  .+ĹŠ!.,#-9¢Ŋ ĹŠ! +#-3 1ĹŠ ,.3.1#2ĹŠ#-ĹŠ .' ĔŊ!.-ĹŠ4- ĹŠ5(!3.1( ĹŠ 8#1ĹŠ#-ĹŠ". +#2ĹŠ)4-3.ĹŠ ĹŠ 1!ĹŠ ¢/#9ĔŊ +ĹŠ 5#-!#1ĹŠ#-ĹŠ/1(,#1 ĹŠ1.-" ĹŠ"#ĹŠ#23#ĹŠ!4 Äą "1.ĹŠ ĹŠ+.2ĹŠ3 , (_-ĹŠ#2/  .+#2ĹŠ #1#ĹŠ ( ĹŠ 8ĹŠ 5("ĹŠ 11#1.ĔŊ/.1ĹŠÄ?ĹĊŊ8ĹŠÄ?ĹĎŊ#-ŊđćŊ ,(-43.2Ä“
- ,.5( +#2 (-9ĹŠ% - ĹŠ+ ĹŠ2#%4-" ĹŠ#3 / ĹŠ8ĹŠ2(%4#ĹŠ
ĹŠ +~"#1ĹŠ#-ĹŠ+ ĹŠ!+ 2(ă! !(¢-ĹŠ%#-#1 +ēŊ
Â&#x; ēŊ #-31.ĹŠ"#ĹŠ242ĹŠ/1.8#!!(.-#2ĹŠ#23;ĹŠ1#!4/#1 1ĹŠ#+ĹŠ-ĂŒ,#1.ĹŠ4-.Ä“
#"#1#1Ŋ/(#-2 Ŋ#-Ŋ 2#1Ŋ,#).1Ŋ#23#Ŋ  .Ŋ Ŋ ĔŊ Ŋě ;b ik_pe He][h <[#
Z[h[h" [n d‘c[he kde ckdZ_Wb Z[b j[d_i o WYjkWbc[dj[ i[]kd# Ze [d bW YbWi_Ă’YWY_ÂŒd 7JF" [i# j_cÂŒ gk[ ik dk[le [djh[dWZeh" [b [ijWZekd_Z[di[ FW‘b 7ddW# Yed[" b[ WfehjWh| dk[lWi _Z[Wi gk[ fk[Z[d ^WY[hb[ c|i \k[hj[ [d (&''$ ÆFW‘b bb[]W Z[iZ[ \k[hW Z[ c_ [djehde o fk[Z[ gk[ ^WoW l_ije YeiWi [d c_ `k[]e gk[ de feZ‡W Z[Y_hc[ fehgk[ de jhWXW`|XWcei `kdjeiÇ" Z[YbWhÂŒ <[Z[h[h" gk_[d Z_ifkjW [ijW i[# cWdW [b jehd[e 7JF Z[ :e^W$
FWhW [b ik_pe" ÆFW‘b i[ ^W _d# j[]hWZe cko X_[d [d [b [gk_fe$ 8kiYW Z[ \ehcW Z_l[hj_ZW dk[# lWi l‡Wi fWhW _dj[djWh Z[hhejWh Wb h_lWb" gk[ oe de ^WX‡W l_ije Wdj[i" o gk[ leo W feZ[h [nfbe# jWh Z[iZ[ W^ehWÇ$ ÆF_[die gk[ ^Wo kdW Xk[dW Whced‡W [d [b [gk_fe" be gk[ [l_Z[dj[c[dj[ [i bW YbWl[ fWhW `k]Wh X_[d$ Ieo Wb]k_[d \|Y_b Z[ bb[lWhÇ" fh[Y_iÂŒ [b `k]WZeh$ <[Z[h[h" Z[ (/ W‹ei" ]WdÂŒ (/ Z[ iki )) fWhj_Zei Z_ifkjWZei Z[iZ[ ik WieY_WY_ÂŒd Yed 7ddW# Yed[" [d W]eije Z[ (&'&$
: ĔŊ ŊěŊ ;b f_beje [ifW‹eb 9Whbei IW_dp LebaimW][d ]WdÂŒ #%4-" ĹŠ#3 / Wo[h bW i[]kdZW [jWfW Z[b :WaWh + 2(ă! !(¢-ĹŠ (&''" [djh[ bWi beYWb_ZWZ[i Wh][d# j_dWi Z[ 9ÂŒhZeXW o JkYkc|d" .3.2ĹŠ feh Z[bWdj[ Z[b gWjWh‡ DWii[h 7b ÄˆÄ“ĹŠ 81(+ĹŠ #2/1#2Ŋĸ Äą ĚŊ ÄŠ'ĈĒĖĈĈ 7jj_oW^ LebaimW][d " o i_]k[ b‡# ĉēŊ 1!ĹŠ ., Ŋĸ Äą ĚŊ ĹŠÄˆÄ–ÄŒÄ’ ĊēŊ 5("ĹŠ 23#4Ŋĸ Äą ĚŊ ĹŠÄŠÄ–ÄŒÄ? Z[h [d bW YbWi_Ă’YWY_ÂŒd ][d[hWb$ ;b cWZh_b[‹e h[Yehh_ÂŒ bei )(* .!'#2 a_bÂŒc[jhei Z[ [if[Y_Wb kd c_dk# ÄˆÄ“ĹŠ 1+.2ĹŠ (-9ĹŠ je o jh[i i[]kdZei c|i h|f_Ze ĸ Äą .+*26 %#-ĚŊ ÄŠ'ēĈĈĖĉđ gk[ 7b 7jj_oW^" c_[djhWi gk[ ĉēŊ 22#1ĹŠ +Äą 33(8 'ĹŠ ĸ Äą .+*26 %#-ĚŊ ĹŠÄˆÄ–Ä‡ÄŠ [b ]Wbe Ijƒf^Wd[ F[j[h^Wdi[b ĊēŊ 3_/ ' -#ĹŠ #3#1' -2#+ĹŠ 8CM \k[ j[hY[he" W ' c_dkje o ĸ Äą ĚŊ ĹŠÄˆÄ–ÄŠÄŒ )* i[]kdZei Z[b ]WdWZeh$ ;b ikhW\h_YWde =_d_[b :[ L_# bb_[hi LebaimW][d " ]WdWZeh Z[b HWbbo [d (&&/" \k[ YkWhje HecW \k[ kdZƒY_ce W o [b Wh][dj_de EhbWdZe J[# ĹŠ '.0)* Z[b ]WdWZeh$ IW_dp" gk_[d jWcX_ƒd hhWdelW 8CM \k[ gk_d# ]WdÂŒ bW fh_c[hW [jWfW" [i je" W . c_dkjei o '* i[]kd# -ĹŠ+ ĹŠ3#1!#1 ĹŠ Zei Z[ IW_dp$ [b b‡Z[h Z[ bW YWhh[hW W )0&+ #3 / ĔŊ#+ĹŠ * 1ĹŠ ;b ]Wbe =k[hbW_d 9^_# Ä‰Ä‡ÄˆÄˆĹŠ2(%4#ĹŠ#2! Äą Z[ F[j[h^Wdi[b o W )0'/ Z[ 7b 7jj_oW^$ Y^[h_j C_d_ " gk[ Wo[h + -".ĹŠ' !( ĹŠ#+ĹŠ -.13#ĹŠ"#ĹŠ C|i b[`ei" W c|i Z[ Z_[p f[hZ_ÂŒ YWi_ kdW ^ehW feh 1%#-3(- ĹŠ8ĹŠ++#% Äą 1;ĹŠ ĹŠ 4)48ĔŊ!.-ĹŠÄ?ÄŠÄˆĹŠ fheXb[cWi [d [b WkjecÂŒ# *(+¢,#31.2ĔŊ"#ĹŠ+.2ĹŠ c_dkjei" i[ [dYk[djhW ik YecfW‹[he Z[ [gk_fe l_b" \k[ iƒfj_ce" c_[djhWi 04#ŊĎććŊ2#1;-ĹŠ"#ĹŠ #2/#!( +ēŊ :[ L_bb_[hi" c_[djhWi gk[ gk[ [b [ifW‹eb @eWd ĂˆDWd_É
58"#-*.ĹŠ8ĹŠ 2.-% ĹŠ24/#1 -ĹŠ /1(,#1 ĹŠ1.-" ĹŠ
+Ŋ 142.Ŋ (*.+ 8Ŋ 5("#-*.Ŋ ĸ$.3.ĚĔŊ!4 13.Ŋ! #9 Ŋ"#Ŋ2#1(#ĔŊ 8Ŋ#+Ŋ$1 -!_2Ŋ .Ŋ (+$1#"Ŋ 2.-% ĔŊ 3#1!#1Ŋ$ 5.1(3.ĔŊ24/#1 1.-Ŋ 8#1Ŋ + Ŋ/1(,#1 Ŋ1.-" Ŋ"#+Ŋ3.1-#.Ŋ Ŋ "#Ŋ .' ĔŊ +Ŋ5#-!#1Ŋ1#2/#!3(5 Ĺ ,#-3#Ŋ +Ŋ(3 +( -.Ŋ (.Ŋ .%-(-(Ŋ 8Ŋ +Ŋ #2/  .+Ŋ 4 _-Ŋ ,~1#9Ŋ (" +%.ē
ēŊ 1+.2ĹŠ (-9ĹŠ!.-3(-ĂŒ ĹŠ+ ĹŠ"#$#-2 ĹŠ"#+ĹŠ3~34+.ēŊ
#2/1#2Ŋ2#Ŋ++#5 Ŋ + Ŋ2#%4-" #3 / Ŋ#-Ŋ,.3.2 ŊŊŊ +Ŋ$1 -!_2Ŋ 81(+Ŋ #2/1#2Ŋĸ ĚĔŊ ŗ#-Ŋ,.3.2ĔŊ% -¢Ŋ 8#1Ŋ+ Ŋ2#%4-" Ŋ#3 Ĺ
/ ĹŠ"#+ĹŠ * 1ĔŊ#-31#ĹŠ+ 2ĹŠ+.! +(" "#2ĹŠ 1%#-3(- 2ĹŠ"#ĹŠ ¢1". ĹŠ8ĹŠ 4!4,;-ĔŊ /.1ĹŠ"#+ -3#ĹŠ"#+ĹŠ#2/  .+ĹŠ 1!ĹŠ ., ĹŠ ĸ ĚĔŊ04(#-ĹŠ$4#ĹŠ2#%4-".Ä“ #2/1#2ĹŠ2 !¢Ŋ4-ĹŠÄˆÄ–ÄŒÄ’ĹŠ"#ĹŠ5#-3 ) ĹŠ +ĹŠ#2/  .+ĹŠ8ĹŠÄŠÄ–ÄŒÄ?ĹŠ +ĹŠ$1 -!_2ĹŠ 5("ĹŠ 23#4Ŋĸ '#1!.ĚĔŊ3#1!#1.ĔŊ,(#-31 2ĹŠ 04#ĹŠ#+ĹŠ!'(+#-.ĹŠ 1 -!(2!.ĹŠÄĽ ' +#!.ÄŚĹŠ
¢/#9Ŋĸ /1(+( ĚŊ$4#ĹŠ!4 13.ĹŠ ĹŠÄŒÄ–Ä‡Ä?ĹŠ"#+ĹŠ 5#-!#".1Ä“
EhbWdZe J[hhWdelW [i i[nje W '.0(+$ ĂˆDWd_É HecW [i ZƒY_ce W )+0*+ Z[b b‡Z[h o [b [ijWZekd_Z[di[ He# XXo =ehZed >kcc[h f[hZ_ÂŒ YWi_ kdW ^ehW Z[X_Ze W fheXb[cWi c[Y|d_Yei o [ij| [d bW fei_Y_ÂŒd (' [d bW ][d[hWb" YWi_ i_d efY_ed[i Z[ bkY^Wh feh [b j‡jkbe$
Ĺ? Ĺ?
Ĺ?
Ä Ä‡
ēŊ +ĹŠ#04(/.ĹŠ1# +(9 1;ĹŠ31 ).2ĹŠ$~2(!.2ĹŠ ' 23 ĹŠ#+ĹŠÄˆÄŽĹŠ"#ĹŠ#-#1.ĔŊ"#ĹŠ '~ĹŠ3#-"1;ĹŠ".2ĹŠ/ 13(".2ĹŠ ,(23.2.2ĹŠ -3#2ĹŠ"#+ĹŠ"# 43ĹŠÄĽ!./#1.ÄŚÄ“
Ĺ? ĀąĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. Ĺ?
,/(#9 + ĹŠ 5#-341 ĹŠ
ēŊ
#ĹŠ!.-ă1, ĹŠ#+ 31 2/ 2.ĹŠ"#ĹŠ ' +;
Ĺ—ĹŠĹŠ
;b `el[d Z[bWdj[he MWbj[h 9^Wb| `k]Wh| [d (&'' [d [b \‘jXeb hkie o i[h| YecfW‹[# he Z[ 9h_ij_Wd DeXeW [d [b HkX_d AWp|d$ @eh][ =k[hh[he" h[fh[i[djWdj[ Z[b `k]WZeh" YehheXehŒ [ijW _d\ehcWY_Œd [ _dZ_YŒ gk[ kdW l[p YedYbk_Ze [b jehd[e IkZWc[h_YWde ikX (& [d F[h‘" [b `k]WZeh Z[X[h| l_W`Wh ^WijW Hki_W fWhW kd_hi[ W bei jhWXW`ei Z[b [gk_fe$
+ĹŠ/1¢7(,.ŊĉĎŊ"#ĹŠ#-#1.ĹŠ!.,(#-9 ĹŠ24 / 13(!(/ !(¢-ĹŠ#-ĹŠ+ ĹŠ ./ ĹŠ ( #13 ".1#2ēŊ ;b _d_Y_e Z[ kdW dk[lW j[cfehWZW fWhW :[fehj_le Gk_je Yec[dpÂŒ Wo[h" [d 9WhY[bƒd$ Bei dk[lei `k# ]WZeh[i h[Y_X_[hed bW X_[dl[d_ZW o bW YehjW fh[j[cfehWZW [cf[pÂŒ XW`ÂŒ kdW _dj[diW bbkl_W" gk[ de WfW]ÂŒ bei |d_cei Z[b fbWdj[b [d [b fh_c[h Z‡W Z[ [djh[dWc_[djei$ +ĹŠ3(#,/.ĹŠ /1#,(
-ĹŠ#+ĹŠ/."(.ĹŠ"#ĹŠ ,_1(!
Ĺ—ĹŠ ĹŠB_]W :[fehj_lW Kd_l[hi_jW# h_W Z[ Gk_je YedYbkoÂŒ j[hY[hW
[d [b hWda_d] Z[ bW 9ed\[Z[hW# Y_ÂŒd IkZWc[h_YWdW Z[ <‘jXeb" ]hWY_Wi W bW eXj[dY_ÂŒd Z[ bW H[YefW IkZWc[h_YWdW o W bei i[_i fWhj_Zei gk[ W\hedjÂŒ [d bW 9efW IkZWc[h_YWdW" f[hc_# j_ƒdZeb[ WbYWdpWh )( fkdjei o kX_YWhi[ Z[jh|i Z[ ?dj[h# dWY_edWb Z[ Fehje 7b[]h[ -( fkdjei o Z[b ?dZ[f[dZ_[dj[ Z[ 7l[bbWd[ZW *+ kd_ZWZ[i $ ;c[b[Y jWcX_ƒd j[hc_dÂŒ [d [b Ăˆjef j[dÉ WbYWdpWdZe (* fkdjei$
#ĹŠ+.ĹŠ++#5 -ĹŠ"# $.1, ĹŠ(-#2/#1 "
Ĺ—ĹŠ ĹŠ<kbjed <hWdY_i Wpkb [i [b dk[le `k]WZeh Z[ ;c[b[Y" f[i[ Wb WdkdY_e gk[ ^_Y_[hW bW ][dj[ Z[b CWdjW" gk_[d[i WĂ’h# cWhed gk[ [b bWj[hWb Z[h[Y^e ^WX‡W Ă’hcWZe kd YedjhWje Yed bei ĂˆWjkd[heiÉ$ <hWdY_i WĂ’hcÂŒ gk[ ‘d_YWc[dj[ [n_ij_[hed Yedl[hiWY_ed[i Yed bW Z_h[Yj_lW Z[b CWdjW o gk[ `Wc|i Ă’hcÂŒ d_d]‘d YedjhWje" feh be gk[ [b ‘d_Ye YedjhWje gk[ ^W Ă’hcWZe [i Yed [b Ăˆ8ecX_bbeÉ$ <hWdY_i Ă’hcÂŒ kd YedjhWje Z[ jh[i W‹ei$
jWdZe bW \Wj_]W Z[ bei `k]WZeh[i [d [ijWi i[cWdWi" fWhW gk[ bb[# ]k[d [d f[h\[YjWi YedZ_Y_ed[i Wb fWhj_Ze YedjhW ?dZ[f[dZ_[dj[Ç$ 9ƒiWh 8W_eb_" fh[fWhWZeh \‡i_Ye" jWcX_ƒd [nfh[iÂŒ gk[ ÆbW _Z[W [i gk[ bei \kjXeb_ijWi h[Ykf[h[d [b [ijWZe \‡i_Ye o jeZe [b jhWXW`e gk[ i[ h[Wb_Y[ [d bW fh[j[cfe# hWZW i_hlW fWhW iefehjWh [b ĹŠ W‹e" de gk[h[cei ieXh[YWh# ]Whb[i Z[ jhWXW`e fehgk[ [d +ĹŠÄ?ĹŠ"#ĹŠ#-#1.ĹŠ#+ĹŠ c[dei Z[ kd c[i j[d[cei #04(/.ĹŠ2#ĹŠ"#2Äą /+ 9 1;ĹŠ' 23 ĹŠ kd fWhj_Ze _cfehjWdj[Ç$
;b fhÂŒn_ce (+ Z[ [d[he [b Gk_je `k]Wh| Yed [b ?dZ[f[dZ_[dj[ Z[ 7l[# bbWd[ZW" feh [b h[f[Y^W`[ 11 ĔŊ '~ĹŠ31 Äą Z[ bW 9efW B_X[hjWZeh[i ) 1;-ĹŠ' 23 ĹŠ#+ĹŠÄˆÄ‡ĹŠ o feh [bbe j[dZh|d feYe "#ĹŠ#-#1.Ä“ -ĹŠ#04(/.ĹŠ ĹŠ+ ĹŠÄĽ +341 ÄŚ j_[cfe fWhW h[Wb_pWh bW <[hdWdZe CWdj_bbW" fh[i_# fh[j[cfehWZW$ Z[dj[ ĂˆWpkb]hWdWÉ" WĂ’hcÂŒ gk[ bW <WX_|d 8kijei" Z_h[Yjeh jƒY# fh_dY_fWb _dj[dY_ÂŒd Z[ bW Z_h[Yj_# d_Ye" WĂ’hcÂŒ gk[ Æj[d[cei feYe lW \k[ Yed\ehcWh kd [gk_fe gk[ j_[cfe fWhW jhWXW`Wh o Z[X[cei [ijƒ W bW WbjkhW Z[ bei eX`[j_lei ^WY[hbe _dj[diWc[dj[" f[he [l_# fbWdj[WZei" gk[ ied [b j‡jkbe Z[b
YWcf[edWje dWY_edWb o Z[ijW# YWhi[ W d_l[b _dj[hdWY_edWb [d bW 9efW B_X[hjWZeh[i$ Æ:[iZ[ [b W‹e fWiWZe jhWXW`W# cei feh WhcWh kd [gk_fe \k[hj[" gk[ dei f[hc_jW f[b[Wh [d jeZei bei \h[dj[i gk[ j[d[cei$ H[\eh# pWcei Wb fbWdj[b Yed [b[c[djei _cfehjWdj[i" ieXh[ jeZe [d bW Z[bWdj[hW Yed Zei ]eb[WZeh[i" Yece CWn_c_b_Wde 8[lWYgkW o Bk_i F[h[WÇ" WĂ’hcÂŒ [b Z_h[Yj_le" gk_[d [d\Wj_pÂŒ gk[ bW fh_dY_fWb Z[X_b_ZWZ Z[b [gk_fe [b W‹e fWiW# Ze \k[ [b feZ[h e\[di_le$ :[ ik fWhj[" 8kijei [nfh[# iÂŒ gk[ ÆjeZei bei `k]WZeh[i YedjhWjWZei ied Z[ d_l[b$ ;i kd [gk_fe \k[hj[ [d jeZWi bWi b‡d[Wi o gk[h[cei i[h fhejW]e# d_ijWi [d bei jehd[ei gk[ fWhj_# Y_f[cei$ ;b fh_c[h eX`[j_le [i
ÄĽ 94+%1 - ÄŚ #$4#19.2ĹŠ
Ĺ—ĹŠĹŠ 1!#+.ĹŠ +(9 % Ĺ—ĹŠĹŠ "1(;-ĹŠ .-# Ĺ—ĹŠĹŠ 1( -.ĹŠ (- Ĺ—ĹŠĹŠ #(2.-ĹŠ _-"#9 Ĺ—ĹŠĹŠ (!' #+ĹŠ !*2.-ĹŠ 4( ¢-#9 Ĺ—ĹŠĹŠ -3( %.ĹŠ .1 +#2 Ĺ—ĹŠĹŠ 423 5.ĹŠ ." 2Ŋĸ 1%#-3(-.Äš Ĺ—ĹŠĹŠ 7(,(+( -.ĹŠ #5 !04 Ŋĸ 1%#-3(-.Äš Ĺ—ĹŠĹŠ 4(2ĹŠ #1# Ŋĸ!.+., ( -.Äš YbWi_Ă’YWhdei W bW \Wi[ Z[ ]hkfei Z[ bW B_X[hjWZeh[iÇ$ >eo i[ kd_h|d W bei [djh[# dWc_[djei Bk_i F[h[W" CWhY[be ;b_pW]W o @kWd 9Whbei FWh[Z[i" gk_[d[i j[d‡Wd f[hc_ie Z[b Yk[h# fe jƒYd_Ye$
(%4#ĹŠ+ /4%- ĹŠ/.1ĹŠ 9 1#-. 8WhY[bedW _d_Y_Wh| bW j[cfehWZW (&'' cW‹WdW$ ;djh[ bei Yedle# YWZei feh [b YkWZhe ĂˆYWdWh_eÉ [ij| =_elWddo DWpWh[de" gk_[d j_[d[ fheXb[cWi Z[ ik fWi[ Yed Kd_# l[hi_ZWZ 9WjÂŒb_YW$ 7b\edie >WhX" fh[i_Z[dj[ Z[b YkWZhe Ăˆjeh[heÉ" WĂ’hcÂŒ gk[ [b [gk_fe _d_Y_Wh| bei jhWXW`ei Z[ fh[j[cfehWZW [b c_ƒhYeb[i" W YWh]e Z[ HkXƒd :Wh‡e ?di‘W" [d [b gk[ oW [ijWh|d fh[i[dj[i bei jh[i `k]WZeh[i [njhWd`[hei Yed# Ă’hcWZei ^WijW [b cec[dje$ ;d [b j[cW Z[ DWpWh[de" >WhX WĂ’hcÂŒ gk[ j_[d[ jeZei bei fWf[b[i gk[ Z[ck[ijhWd gk[ [b YedjhWje Z[b `k]WZeh Yed [b [gk_# fe Ăˆ9WcWhWjWÉ `Wc|i \k[ _diYh_je [d bW <[Z[hWY_ÂŒd ;YkWjeh_WdW Z[ <‘jXeb <;< " feh be gk[ [b \kj# Xeb_ijW f[hj[d[Y[ W 8WhY[bedW o [b c_ƒhYeb[i Z[X[h| fh[i[djWhi[ Wb [djh[dWc_[dje" WĂ’hcÂŒ$ ;d [ij[ i[dj_Ze" L_d_Y_e BkdW"
ēŊ Ŋ(-3#-!(¢-Ŋ"#Ŋ 9 1#-.Ŋ #2Ŋ!.-3(-4 1Ŋ#-Ŋ#+Ŋ/+ -3#+Ŋļ , 1(++.Čē
Z_h[Yj_le Z[ Kd_l[hi_ZWZ 9WjÂŒb_# YW" ieijkle gk[ ik [gk_fe j_[d[ bei fWf[b[i gk[ Z[ck[ijhWd gk[ [b YedjhWje Yed [b `k]WZeh \k[ _diYh_je [d bW <;<" WZ[c|i Z[ gk[ j_[d[d [b Y[hj_Ă’YWZe ieXh[ [b fhƒijWce Z[b `k]WZeh feh kd W‹e W 8WhY[bedW$ >WijW [b cec[dje" bW <;< de i[ ^W fhedkdY_WZe eĂ’# Y_Wbc[dj[ Wb h[if[Yje$ ;d YkWdje W bei jhWXW`ei Z[ 8WhY[bedW" [b [gk_fe [if[hW feZ[h YedYh[jWh Wb ‘bj_ce h[# \k[hpe [njhWd`[he o kd Z[bWd# j[he dWY_edWb" gk[ feZh‡W i[h 7hcWdZe M_bW" fWhW Y[hhWh [b j[cW Z[ bei Ă’Y^W`[i$
.+5(¢Ŋ Ŋ2#1Ŋ3., ".Ŋ#-Ŋ!4#-3
#Ä‚#12.-ĹŠ .-3#1.ĹŠ5.+5(¢Ŋ ĹŠ)4% 1ĔŊ31 2ĹŠ5 1(.2ĹŠ/ 13(".2ĹŠ2(-ĹŠ3#-#1ĹŠ !3(Äą 5(" "ēŊ -%1#2¢Ŋ +ĹŠ! , (.ĹŠ#-ĹŠ#+ĹŠ,(-43.ĹŠÄ?Ä’ĹŠ/ 1 ĹŠ1##,/+ 9 1ĹŠ ĹŠ 1!.2ĹŠ 4 _-ĹŠ8ĹŠ345.ĹŠ4- ĹŠ./.134-(" "ĹŠ"#ĹŠ, 1! 1ĔŊ/#1.ĹŠ#+ĹŠ 104#1.ĹŠ1(5 +ĹŠ"#25(¢Ŋ 24ĹŠ"(2/ 1.ēŊ +ĹŠ (++ 11# +ĹŠ"#11.3¢Ŋ +ĹŠ +,#1~ ŊĉĹćŊ!.-ĹŠ%.+#2ĹŠ"#ĹŠ .2_ĹŠ 3 +;ĹŠ 8ĹŠ"#ĹŠ .1) ĹŠ +#1.ĔŊ/ 13(".ĹŠ5;+(".ĹŠ/.1ĹŠ+ ĹŠ (% ĹŠ 2/  .+ Ä“
Ă‹+3(,.2ĹŠ"~ 2ĹŠ / 1 ĹŠ+ 2 (-2!1(/!(.-#2ĹŠ >WijW [b '& Z[ [d[he bei d_‹ei Z[ bWi .& [iYk[bWi _diYh_jWi fe# Zh|d _diYh_X_hi[ [d [b <[ij_lWb Eb‡cf_Ye ;iYebWh Z[ Jkd]k# hW^kW" [d bW Z_iY_fb_dW Z[ mki# ^k" [d bW :_h[YY_ÂŒd Fhel_dY_Wb Z[ ;ZkYWY_ÂŒd Z[ Jkd]khW^kW$ ;b Z[fehj[ \ehcWj_le ^WijW [b cec[dje i[ ^W Z[iWhhebbWZe Yed ƒn_je" Z[iZ[ [b (&'&" o [b d_l[b Z[ bei d_‹ei ^W f[hc_j_Ze gk[ [djh[dWZeh[i Z[ bW fhel_d# Y_W i[ _dj[h[i[d [d \ehcWh dk[#
+ĹŠ ! 1;ĹŠ8ĹŠ _!-(!.ĹŠ /.1ĹŠ,." +(" "ĹŠÄ‰Ä‡ÄˆÄˆ
.2ĹŠ#04(/.2ĹŠ+.! +#2ĹŠ2#ĹŠ2(-Äą 3(#1.-ĹŠ ĹŠ%423.ĹŠ!.-ĹŠ+ ĹŠ,." +(Äą " "ĹŠ04#ĹŠ1(%(¢Ŋ#+ĹŠ  .ĹŠ/ 2 ".Ä“ 9kWjhe Z_h_][dj[i Z[b JƒYd_# Ye Kd_l[hi_jWh_e o [b CWYWh|" h[fh[i[djWdj[i Z[ bW i[h_[ 8" Wi_ij_h|d [ij[ l_[hd[i - Z[ [d[# he Yece h[fh[i[djWdj[i Z[ bei YbkX[i WcXWj[‹ei Wb 9ed]h[ie ;njhWehZ_dWh_e Z[ bW <[Z[hW# Y_ÂŒd ;YkWjeh_WdW Z[ <‘jXeb o WfeoWh|d bW ceZWb_ZWZ Z[b YWcf[edWje [b W‹e Wdj[h_eh$ <[hdWdZe 7he" Z_h_][dj[ Z[b CWYWh|" Z_`e gk[ bW cWoeh‡W Z[ YbkX[i Z[ bW i[h_[ 8 [ij|d Z[
WYk[hZe W gk[ i[ h[f_jW bW ce# ZWb_ZWZ Wdj[h_eh [d [b (&'' Z[ WYk[hZe W be gk[ Z[Y_Z_[hed bei Z_h_][dj[i Z[ bW <;<" [b fWiWZe '- Z[ del_[cXh[$ =[hc|d_Ye >eb]k‡d" fh[i_# Z[dj[ Z[b CWYWh|1 I_nje 9Wb[he" l_Y[fh[i_Z[dj[1 <[hdWdZe 7he" Z_h_][dj[1 o @W_c[ 9Wcfei" Z[# b[]WZe Z[b [gk_fe [d bW <;<" i[h|d gk_[d[i Wi_ijWd Wb Yed# ]h[ie$ Feh be gk[ YedY_[hd[ W bW cW#
oeh‡W Z[ [gk_fei Z[ bW fh_c[hW 8 WfeoWh|d W gk[ [b jehd[e i[ [\[Yj‘[ [d Zei [jWfWi Z[ jeZei YedjhW jeZei o Wb Ă’ dWb i[ [d# \h[djWh|d bei ]WdWZeh[i Z[ bWi YWZW kdW Z[ [bbWi fWhW Z[Ă’ d_h Wb YWcf[ÂŒd" f[he [d YWie Z[ gk[ kd c_ice fbWdj[b ]Wd[ WcXWi [jWfWi i[h| [b \bWcWdj[ YWc# f[ÂŒd Z_h[YjWc[dj[ i_d d[Y[i_# ZWZ Z[ Z_ifkjWh kdW Ă’ dWb$ <_dWbc[dj[" [b Z‡W Z[b Yed# ]h[ie bei Z_h_][dj[i Z[ bei Ybk# X[i o [gk_fei Z[b fW‡i Z[Ă’ d_h|d i_ [ij[ fheY[ie [i e de WfheXW# Ze$ ;b c_ice gk[ [ij| fh[i_Z_# Ze feh Bk_i 9^_h_Xe]W" gk_[d [i [b WYjkWb fh[i_Z[dj[ Z[ bW <;< o gk[ ik f[h_eZe Ykbc_dW [d [b (&'($
1 2(+ĹŠ04(#1#ĹŠ1#!4/#1 1ĹŠ! 3#%.1~ >eo bei Z_h[Yj_lei" ieY_ei" `k# ]WZeh[i o i_cfWj_pWdj[i Z[b 9bkX IeY_Wb o :[fehj_le 8hW# i_b" i[ h[kd_h|d [d WiWcXb[W [njhWehZ_dWh_W" [d [b beYWb Z[b fbWdj[b" kX_YWZe [d bW Wl[d_ZW '( Z[ Del_[cXh[ o CWbZedWZe" Yed [b Ă’ d Z[ jhWjWh j[cWi h[# \[h[dj[i W bW h[ij_jkY_ÂŒd Z[ bW YWj[]eh‡W$ 7 fWhj_h Z[ bWi '/0&&" bei Z_# h_][dj[i [lWbkWh|d [b fheY[ie Z[ h[ij_jkY_ÂŒd Z[ bW YWj[]eh‡W gk[ \k[ Whh[XWjWZW Z[ cWd[hW _b[]Wb" i[]‘d bW Z_h[Yj_lW" [b W‹e fWiWZe" bk[]e Z[ gk[ Wb]kdei `k]WZeh[i Yec[j_[hed WYjei Z[ _dZ_iY_fb_dW$ :khWdj[ bW WiWcXb[W jWc# X_ƒd i[ YeehZ_dWh| bW fh[i[dY_W Z[ Wb]kdei Z[b[]WZei Z[ [ij[
¥ ēŊ (1#!3(5.2Ŋ"#+Ŋ!+4 Ŋ , 3# .Ŋ#2/#1 -Ŋ-.3(!( 2Ŋ/.2(3(5 2ē
YbkX" gk_[d[i l_W`Wh|d Wb 9ed# ]h[ie ;njhWehZ_dWh_e Z[ bW <[# Z[hWY_Œd ;YkWjeh_WdW Z[ <‘jXeb [b `k[l[i , o l_[hd[i - Z[ [d[he
Z[ [ij[ W‹e [d bW Y_kZWZ Z[ =kW# oWgk_b" [d fh[i[dY_W Z[ bei Z_h_# ][dj[i Z[ bW c|n_cW _dij_jkY_Œd Z[fehj_lW Z[b fW‡i$
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ä Ä
lei c[ZWbb[hei" gk_[d[i i[h|d bei \kjkhei fehjWZeh[i Z[b [i# jWdZWhj[ Z[ bW fhel_dY_W o Z[b fW‡i [d [b |cX_je Z[fehj_le [d kd \kjkhe de jWd b[`Wde$ ;b Yed]h[i_bbe jƒYd_Ye i[ Z[iWhhebbWh| [b '( Z[ [d[he Z[b W‹e [d Ykhie" c_[djhWi gk[ [b jehd[e i[ bb[lWh| W YWXe [d bei [iY[dWh_ei Z[ bW <[Z[hWY_Œd :[fehj_lW Z[ Jkd]khW^kW Z[i# Z[ [b l_[hd[i '* Z[ [d[he$
ēŊ +ĹŠ$#23(5 +ĹŠ#2!.+ 1ĹŠ2#ĹŠ' ĹŠ"#2 11.++ ".ĹŠ!.-ĹŠ-.1, +(" "ĹŠ"41 -3#ĹŠ#+ĹŠ  .ĹŠ+#!3(5.ĹŠÄ‰Ä‡ÄˆÄ‡ÄąÄ‰Ä‡ÄˆÄˆÄ“
+ĹŠÄˆÄ‡ĹŠ 11 -! ĹŠ/1#3#,/.1 " ĹŠ"#+ĹŠ ! 1;
+ĹŠ +4 ĹŠ #/.13(5.ĹŠ ! 1;ĹŠ/1#2#-3 1;ĹŠ ĹŠ+ 2ĹŠ-4#5 2ĹŠ!.-31 3 !(.-#2ĹŠ#+ĹŠ /1¢7(,.ĹŠ+4-#2ĹŠÄˆÄ‡ĹŠ"#ĹŠ#-#1.ĹŠ#-ĹŠ#+ĹŠ!.,/+#).ĹŠ"#/.13(5.ĹŠ"#+ĹŠ/+ -3#+ĔŊ#-ĹŠ+ ĹŠ /1#3#,/.1 " ĹŠ.ÄƒĹŠ!( +ĹŠ"#+ĹŠÄ‰Ä‡ÄˆÄˆÄ“
Ä Ä‚
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ēŊ +ĹŠ#23 "(.ĹŠ #++ 5(23 ĹŠ !.%#1;ĹŠ ĹŠ!(#-3.2ĹŠ"#ĹŠ 3+#3 2ĹŠ8ĹŠ/ĂŒÄą +(!.ēŊ +ĹŠ%1 , ".ĹŠ#23;ĹŠ#-ĹŠ, -3#-Äą (,(#-3.Ä“
)(ðŋ,' )Ĺ‹ & && 0#-. Ĺ‹* , Ĺ‹ && ! Ĺ‹ ŋÝú (1.ĹŠ ¢,#9ĔŊ ",(-(231 ".1ĹŠ #,/.1 +ĹŠ"#ĹŠ+ ĹŠ #"#1 !(¢-ĹŠ #/.13(5 ĹŠ"#ĹŠ 4-%41 '4 Ŋĸ ĚĔŊ !#/3¢Ŋ+ ĹŠ2#, - ĹŠ/ 2 " ĹŠ+ ĹŠ /1./4#23 ĹŠ"#ĹŠ04#ĹŠ#+ĹŠ#23 "(.ĹŠ #++ 5(23 ĹŠ2# ĹŠ#+ĹŠ+4% 1ĹŠ"#ĹŠ++#% " ĹŠ "#ĹŠ!(#-3.2ĹŠ"#ĹŠ!.,/#3(".1#2ĹŠ04#ĹŠ / 13(!(/ 1;-ĹŠ#-ĹŠ+ ĹŠ!.,/#3#-!( ĹŠ 3+_3(! ĹŠÄˆÄ‡ ĹŠ 43 ĹŠ"#ĹŠ+.2ĹŠ 1#2ĹŠ
4 -#2Ä“ +ŊĉđŊ"#ĹŠ"(!(#, 1#ĔŊ ¢,#9ĹŠ "().ĹŠ ĹŠ#23#ĹŠ,#"(.ĹŠ"#ĹŠ!.,4-(Äą ! !(¢-ĹŠ04#ĹŠ/#2#ĹŠ ĹŠ04#ĹŠ#2ĹŠ/ 13#ĹŠ "#+ĹŠ!.,(3_ĹŠ.1% -(9 ".1ĹŠ"#ĹŠ #23#ĹŠ#5#-3.ĹŠ"#/.13(5.ĹŠ04#ĹŠ2#ĹŠ "#2 11.++ 1;ĹŠ#+ĹŠ/1¢7(,.ŊĉĎŊ"#ĹŠ $# 1#1.ĹŠ"#ĹŠ#23#ĹŠ  .ĔŊ-.ĹŠ04#1~ ĹŠ 2 #1ĹŠ- " ĹŠ"#ĹŠ+ ĹŠ43(+(9 !(¢-ĹŠ"#+ĹŠ #++ 5(23 Ä“ 23.ĹŠ"# (".ĹŠ ĹŠ04#ĹŠ+ ĹŠ! -3(" "ĹŠ"#ĹŠ 3+#3 2ĹŠ04#ĹŠ$.1, 1~ -ĹŠ/ 13#ĹŠ"#ĹŠ + ĹŠ!.,/#3#-!( ĹŠ"  1~ -ĹŠ#+ĹŠ%1 Äą , ".ĔŊ/#1.ĹŠÄƒĹŠ- +,#-3#ĹŠ3#1,(-¢Ŋ !#/3 -".ĹŠ"(!' ĹŠ/1./4#23 ĹŠ"#ĹŠ +.2ĹŠ"#,;2ĹŠ,(#, 1.2ĔŊ2(#,/1#ĹŠ 8ĹŠ!4 -".ĹŠ2#ĹŠ 1,#ĹŠ+ ĹŠ3 1(, ĹŠ"#ĹŠ ++#% " ĹŠ#-ĹŠ+ ĹŠ/ 13#ĹŠ/.23#1(.1ĹŠ"#+ĹŠ 1!.ĹŠ"#+ĹŠ2#!3.1ĹŠ.1(#-3 +ĔŊ2(-ĹŠ/(2 1ĹŠ + ĹŠ +$., 1 ĹŠ5#1"#ĹŠ04#ĹŠ$4#ĹŠ4- ĹŠ %1 -ĹŠ(-5#12(¢-ĹŠ"41 -3#ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄ‡Ä“ĹŠ +ĹŠ !!#2.ĹŠ"#ĹŠ+.2ĹŠ!.,/#3(".1#2ĹŠ +ĹŠ#23 "(.ĹŠ2#1~ ĹŠ/.1ĹŠ+ ĹŠ/4#13 ĹŠ "#ĹŠ(-%1#2.ĹŠ"#ĹŠ+ ĹŠ , 4+ -!( ĔŊ 8ĹŠ/ 2 1~ -ĹŠ/.1ĹŠ#+ĹŠ+4% 1ĹŠ".-"#ĹŠ #23;ĹŠ 1, " ĹŠ+ ĹŠ3 1(, ĹŠ8ĹŠ"(1#!Äą 3 ,#-3#ĹŠ2 +"1~ -ĹŠ/.1ĹŠ+ ĹŠ/4#13 ĹŠ "#+ĹŠ2#!3.1ĹŠ"#ĹŠ 1#$#1#-!( ĹŠ"#+ĹŠ /1(-!(/ +ĹŠ#2!#- 1(.ĹŠ"#/.13(5.ĹŠ"#ĹŠ + ĹŠ/1.5(-!( ĔŊ".-"#ĹŠ "#,;2ĹŠ2#ĹŠ (-23 + 1;ĹŠ.31.ĹŠ#2!#- 1(.ĹŠ/ 1 ĹŠ+ ĹŠ /1#,( !(¢-Ä“ +ĹŠ1#!.11(". +ĹŠ1#!.11(".ĹŠ' 23 ĹŠ#+ĹŠ,.,#-3.ĹŠ #23;ĹŠ#23 +#!(".ĹŠ24ĹŠ 11 -04#ĹŠ #-ĹŠ#+ĹŠ2#!3.1ĹŠ ĹŠ (!3.1( ĔŊ #-31.ĹŠ 4+341 +ĹŠ ĹŠ (1( ĔŊ 4(-3 ĹŠ"#ĹŠ
4 -ĹŠ #¢-ĹŠ #1 ĔŊ .+#%(.2ĹŠ ~.ĹŠ ĹŠ8ĹŠ 4,( '4(ĔŊ .2/(3 +ĹŠ "#+ĹŠ ĔŊ #-31.ĹŠ .,#1!( +ĹŠ 1 !.+ĔŊ 104#ĹŠ .2ĹŠ 4(-"#2ĔŊ 4(-3 ĹŠ"#ĹŠ 4 -ĹŠ .-3 +5.ĔŊ +4 ĹŠ 4-%41 '4 ĔŊ #-31.ĹŠ"#ĹŠ (1 ĄŊ.1#2ĔŊ 5#-(" ĹŠ (1 ĄŊ.1#2ĔŊ 2!4#+ ĹŠ #¢-ĹŠ #!#11 ĔŊ .+#%(.ĹŠ -, !4+ " ĔŊ! ++#ĹŠ +,#".ĔŊ! ++#ĹŠ #1 ĔŊ/ 104#ĹŠÄˆÄ‰ĹŠ"#ĹŠ .5(#, 1#ĔŊ /4#-3#ĹŠ ĹŠ"#2-(5#+ĔŊŊ/ 104#ĹŠ 4!1#ĔŊ 1#".-"#+ĹŠ' 23 ĹŠ(-%1#2 1ĹŠ +ĹŠ#23 Äą "(.ĹŠ #++ 5(23 Ä“
#8ĹŠ"#+ĹŠ #/.13#ĹŠ ĹŠ$ 5.1ĹŠ "#ĹŠ"#/.13(23 ĹŠ/1.$#2(.- +ĹŠ (#-31 2ĹŠ#+ĹŠ1#%+ ,#-3.ĹŠ ĂŒ-ĹŠ-.ĹŠ#23_ĹŠ /1. ".ĔŊ3.".2ĹŠ+.2ĹŠ.1% -(2,.2ĹŠ "#/.13(5.2ĹŠ"#ĹŠ+ 2ĹŠ/1.5(-!( 2ĹŠ"# #1;-ĹŠ - +(9 1ĹŠ"(!'.ĹŠ".!4,#-3.Ä“ Kde Z[ bei eX`[j_lei Z[ bW dk[# lW B[o Z[b :[fehj[ fhe\[i_edWb [i XkiYWh bW h[]kbWh_pWY_ÂŒd Z[b Z[fehj[" [ZkYWY_ÂŒd \‡i_YW o Z[ h[Yh[WY_ÂŒd Yece f_bWh[i \kdZW# c[djWb[i Z[djhe Z[b Z[iWhhebbe ^kcWde o ieY_Wb Z[ bW Yeckd_# ZWZ WcXWj[‹W o [YkWjeh_WdW$ ;b Z[fehj_ijW fhe\[i_edWb jkd]khW^k[di[ o Z[b fW‡i" Yed# i_Z[hWZe W Wgk[b gk[ fhWYj_YW Z[fehj[ Z[ cWd[hW h[]kbWh o gk[ Z[iWhhebbW ^WX_b_ZWZ[i o Z[ijh[# pWi [d YkWbgk_[h Z_iY_fb_dW" h[Y_# X_h| kd Xk[d Wfehj[ [YedÂŒc_Ye$
I[]‘d bei Whj‡Ykbei / o '& i[ ^WXbW Z[ bei Z[h[Y^ei o Z[X[h[i Z[ bei Z[fehj_ijWi Z[ d_l[b \eh# cWj_le o Z[ Wbje h[dZ_c_[dje" gk_[d[i [ij|d eXb_]WZei W h[# Y_X_h bei X[d[Ă’ Y_ei gk[ bW B[o fh[lƒ Z[ cWd[hW f[hiedWb [d YWie Z[ feZ[h WĂ’ b_Whi[ W kdW eh]Wd_pWY_ÂŒd Z[fehj_lW$ JWcX_ƒd Z[X[ i[h WĂ’ b_WZe W bW I[]kh_ZWZ IeY_Wb" YedjWh Yed kd i[]khe Z[ iWbkZ o l_ZW" o kd i[]khe Z[ WYY_Z[dj[i" c_[djhWi gk[ bei Z[fehj_ijWi \ehcWj_lei Z[X[h|d ]epWh eXb_]Wjeh_Wc[d#
j[ Z[ kd i[]khe Z[ iWbkZ" l_ZW o WYY_Z[dj[i gk[ Yec_[dpW )& Z‡Wi Wdj[i o )& Z‡Wi Z[ifkƒi Z[ iki Yecf[j[dY_Wi eĂ’ Y_Wb[i W [iYWbW dWY_edWb [ _dj[hdWY_edWb" [djh[ ejhei$ 7Z[c|i" feZh|d WYY[Z[h W bei i[hl_Y_ei ]hWjk_jei Z[ iWbkZ _dj[]hWb o [ZkYWY_ÂŒd \ehcWb gk[ ]WhWdj_Y[d ik X_[d[ijWh o ]epWh Z[ b_Xh[ jh|di_je W d_l[b dWY_e# dWb o WYY[Z[h" Z[ WYk[hZe W ik YedZ_Y_ÂŒd ieY_e#[YedÂŒc_YW" W bei fbWd[i o fheo[Yjei Z[ l_# l_[dZW Z[b c_d_ij[h_e i[Yjeh_Wb
Yecf[j[dj[ o bei Z[c|i X[# d[Ă’ Y_ei gk[ [ijWXb[pYW bW B[o" Wb _]kWb gk[ X[YWi o [ij‡ckbei [YedÂŒc_Yei [d XWi[ W h[ikbjW# Zei eXj[d_Zei$ I[]‘d M_bied IWdjWcWh‡W" i[Yh[jWh_e Z[ bW <[Z[hWY_ÂŒd :[# fehj_lW Z[ Jkd]khW^kW" Yed bW dk[lW B[o Z[b :[fehj[ c[`ehW# h| bW WZc_d_ijhWY_ÂŒd" [b cWd[`e Z[b h[Ykhie [YedÂŒc_Ye" ^kcW# de o Z[ _d\hW[ijhkYjkhW" Z[X_Ze W gk[ de [ijWh‡W iec[j_ZW W _d# j[h[i[i fWhj_YkbWh[i [d bW fhe# l_dY_W$
4(-3.ĹŠ/4#23.ĹŠ/ 1 ĹŠ 3+#3 ĹŠ , 3# . +ĹŠ"#/.13(23 ĹŠ ĂŒ+ĹŠ 1#"#2ĹŠ3(#-#ĹŠ $4#19 ĹŠ/ 1 ĹŠ1 3.ĹŠ8ĹŠ +.ĹŠ"#,.231 1;ĹŠ#-ĹŠ #+ĹŠ  .ĹŠÄ‰Ä‡ÄˆÄˆÄ“ĹŠ ;b Wjb[jW WcXWj[‹e HW‘b FWh[Z[i WbYWdpÂŒ [b gk_dje bk]Wh [d bW YW# j[]eh‡W cWij[h Z[ +& W ,& W‹ei Z[ bW Yecf[j[dY_W Wjbƒj_YW IWd I_bl[ijh[ Z[ IWe FWkbe 8hWi_b" Z[iWhhebbWZW [b l_[hd[i )' Z[ Z_# Y_[cXh[" W bWi ',0+&$ ;ijW l[p" [b jkd]khW^k[di[ de Yehh_ÂŒ Yed jWdjW ik[hj[ o iebe Wb# YWdpÂŒ bW gk_djW YWi_bbW" kX_YWY_ÂŒd gk[ [i c[h_jeh_W fWhW FWh[Z[i gk[ ^W l[d_Ze ^WY_[dZe Z[fehj[
Z[iZ[ ^WY[ ckY^ei W‹ei Wjh|i o gk[ f_[diW Z[`Whbe ^WijW gk[ ik Yk[hfe oW de W]kWdj[ jWdje [i# \k[hpe \‡i_Ye$ 7dj[ [b YWbeh Z[ bW \[Y^W i[ Z_ifki_[hed lWh_ei fk[ijei Z[ ^_ZhWjWY_ÂŒd" oW gk[ 8hWi_b [i kd fW‡i d[jWc[dj[ ieb[WZe bW cWoeh fWhj[ Z[b j_[cfe" f[he [ie de \k[ jWdjW Z_Ă’ YkbjWZ fWhW [b Wjb[jW Wc# XWj[‹e gk[ iebe j[d‡W [d c[dj[ [b j‡jkbe Z[ [iW YWj[]eh‡W$ ;b j_[cfe gk[ h[Wb_pÂŒ \k[ Z[ +/ c_dkjei o '( i[]kdZei$ BW Wb[]h‡W Z[b Z[fehj_ijW be bb[dÂŒ Z[ lWbeh o fkZe j[hc_dWh bW Yecf[j[dY_W Yed ƒn_je" Wkdgk[ de [b gk[ jeZei Z[i[WXWd" i_d [cXWh]e" lWb[ h[YWbYWh [b ]hWd Wfehj[ Z[fehj_le gk[ h[fh[i[djW fWhW [b fW‡i o fhel_dY_W" [ijW \W# ÂĄ ēŊ ĂŒ+ĹŠ 1#"#2ĹŠ++#%¢Ŋ#-ĹŠ d|j_Ye Z[ bWi Yecf[j[dY_Wi$ 04(-3.ĹŠ+4% 1ĹŠ#-ĹŠ+ ĹŠ -ĹŠ (+5#231#Ä“
(23 ĹŠ 3+_3(! ĹŠ / 1 ĹŠ#+ĹŠ/ĂŒ +(!. 8#1ĔŊ4-ĹŠ%14/.ĹŠ"#ĹŠ"#/.13(2Äą 3 2ĹŠ1#!1# 3(5.2ĹŠ8ĹŠ ÄƒĹŠ!(.- ".2ĹŠ , -345(#1.-ĹŠ4- ĹŠ1#4-(¢-ĹŠ!.-ĹŠ +.2ĹŠ"(1#!3(5.2ĹŠ"#ĹŠ+ ĹŠ ĔŊ!.-ĹŠ#+ĹŠ ÄƒĹŠ-ĹŠ"#ĹŠ2.+(!(3 1ĹŠ+ ĹŠ/(23 ĹŠ 3+_3(! ĹŠ / 1 ĹŠ24ĹŠ42.ĹŠ#-ĹŠ'.1 1(.ĹŠ, 3(- +ĔŊ "#ŊćÄ?ĖććŊ ŊćđĖććĔŊ/1./4#23 ĹŠ 04#ĹŠ2#1;ĹŠ - +(9 " ĹŠ"41 -3#ĹŠ #23 ĹŠ2#, - Ä“
Ä Äƒ
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
#Ŋ '.%¢Ŋ#-Ŋ#+Ŋ 3 -04#Ŋ"#Ŋ24Ŋ! 2
;Z_j^ D" Z[ Zei W‹ei" Ĺ—ĹŠĹŠ ckh_ÂŒ W bWi '(0&& Z[ Wo[h" [d
)0 (Ĺ‹'/,#šŋ )(Ĺ‹0 ,# -Ĺ‹ */˜ & -Ĺ‹ (Ĺ‹ &Ĺ‹.š, 2 ÂĄ ēŊ +ĹŠ/1#24-3.ĹŠ 2#2(-.ĹŠ"#ĹŠ "6(-ĹŠ 2"1ĂŒ +ĔŊ1(-"(¢Ŋ24ĹŠ"#!+ 1 !(¢-ĹŠ#-ĹŠ+ ĹŠ (2! +~ ĔŊ -3#ĹŠ+ ĹŠ/1#2#-!( ĹŠ"#ĹŠ242ĹŠ$ ,(+( 1#2ĹŠ8ĹŠ4-ĹŠ#231(!3.ĹŠ1#2%4 1".ĹŠ/.+(!( +Ä“
#+# ĹŠ3#1,(-¢Ŋ#-ĹŠ31 %#"( ĔŊ4- ĹŠ/#1Äą 2.- ĹŠ#2ĹŠ(-5#23(% " ĹŠ/.1ĹŠ#+ĹŠ 2#2(- 3.ēŊ ,(+( 1#2ĹŠ"#+ĹŠ$ ++#!(".ĹŠ/("#-ĹŠ)423(!( Ä“ KdW deY^[ Z[ YefWi" feh bW Y[b[# XhWY_ÂŒd Z[ W‹e dk[le" j[hc_dÂŒ [d jhW][Z_W bk[]e gk[ ;Zm_d 7i# Zh‘XWb Ok]Y^W" Z[ (& W‹ei" f[# b[WhW Yed 8eb‡lWh 7b[nWdZ[h D" Z[ '- W‹ei" gk_[d Wb YWbeh Z[ bei jhW]ei Ye]_ÂŒ kd YkY^_bbe o be Wfk# ‹WbÂŒ feh lWh_Wi l[Y[i [d [b f[Y^e" [b ^[Y^e Z[ iWd]h[ \k[ Wfhen_cW# ZWc[dj[ W bWi &*0&&" Z[ Wo[h" [d [b i[Yjeh Z[ ĂˆBWi BW`WiÉ f[hj[d[# Y_[dj[ W bW Yeckd_ZWZ 7d]W]kW# dW 8W`e Z[ IWdjW HeiW$
;b ^[hcWde Z[b \Wbb[Y_Ze EimWbZe C[i‡Wi Ok]Y^W" \k[ gk_[d Wl_iÂŒ W bW Feb_Y‡W @kZ_Y_Wb Z[ be ikY[Z_Ze" gk_[d[i bb[]Whed Wb bk]Wh o [dYedjhWhed [b YWZ|l[h [d [b ik[be Z[ ik Zec_Y_b_e Yk# X_[hje feh kdW cWdjW WcWh_bbW$ ;b Yk[hfe fh[i[djWXW lWh_ei eh_Ă’ Y_ei Z[ YkY^_bbe [d [b jÂŒhWn" WXZec[d o XhWpei$ ;Zm_d [ijkle jh[i c[i[i [d [b ;`ƒhY_je" Ykcfb_[dZe [b i[hl_# Y_e c_b_jWh o \k[ W fWiWh iki Z‡Wi
& 0šŋ Ĺ‹& Ĺ‹./' Ĺ‹-/-Ĺ‹* ( 7 bWi '-0)& Z[b Zec_d]e fWiWZe" kdW \k[hj[ Z[fh[i_ÂŒd fheZkY_ZW feh f[dWi gk[ de gk[h‡W [nj[# h_eh_pWh" bb[lWhed W @kWd 7bY_Z[i I|dY^[p IWdZelWb" Z[ )& W‹ei" Wb ik_Y_Z_e W jhWlƒi Z[ bW ^ehYW" [d ik l_l_[dZW kX_YWZW [d [b YW# i[h‡e ;b HeiWh_e f[hj[d[Y_[dj[ W Gk[he$ Ik ^[hcWde 9Whbei Bk_i I|d# Y^[p" Yec[djÂŒ gk[ @kWd i[ Z[# Z_YWXW W bW W]h_YkbjkhW" f[he ƒb i_[cfh[ ^WXbWXW Z[ _Z[Wi ik_Y_# ZWi" de j[d‡W ^_`ei o jWcfeYe [hW YWiWZe$ Bei W][dj[i Z[ bW Feb_Y‡W @kZ_# Y_Wb" h[Wb_pWhed [b b[lWdjWc_[dje Z[b YWZ|l[h" fWhW bk[]e jhWdi# fehjWhbe [d bW YWc_ed[jW Z[ C[# Z_Y_dW B[]Wb" ^WijW bW Ceh]k[ Z[b >eif_jWb :eY[dj[ 7cXWje" fWhW gk[ i[ h[Wb_Y[ bW d[Yhefi_W Z[ b[o$ BWi ^edhWi \‘d[Xh[i i[ [ij|d
ēŊ 42Ŋ$ ,(+( 1#2ĔŊ-.Ŋ!1#8#1.-Ŋ 04#Ŋ2#Ŋ24(!(" 1~ ĔŊ/#2#Ŋ Ŋ04#Ŋ -3#2Ŋ8 Ŋ ' ~ Ŋ -4-!( ".Ŋ242Ŋ(-3#-!(.-#2ē
bb[lWdZe W YWXe [d bW l_l_[dZW Z[ ik cWZh[" ZedZ[ Z[Y_Z_Œ j[hc_# dWh iki Z‡Wi$ ;b i[f[b_e i[ fh[lƒ fWhW ^eo bWi '+0&&$
\hWdYei `kdje W bW \Wc_b_W gk[ ZWhb[ Yh_ij_WdW i[fkbjkhW$ W^ehW bbehW ik fhedjW fWhj_ZW$ Bei Z[kZei Z[ _dc[Z_Wje _Z[dj_\_YWhed Wb fh[ikdje Wi[# i_de" gk[ \k[ beYWb_pWZe feh bei kd_\ehcWZei feYei c_dkjei
.2ĹŠ %#-3#2ĹŠ"#ĹŠ+ ĹŠ .+(!~ ĹŠ Z[ifkƒi$
4"(!( +ĔŊ1# +(9 1.-ĹŠ#+ĹŠ+#5 -3 ,(#-3.ĹŠ 8eb‡lWh 7b[nWdZ[h D" bk[# "#+ĹŠ! ";5#1ĹŠ#-ĹŠ+ ĹŠ5(5(#-" ĹŠ"#ĹŠ "6(-ĹŠ ]e Z[ ik YWfjkhW" \k[ bb[lWZe Wb 4%!' ĔŊ#-ĹŠ/1#2#-!( ĹŠ"#ĹŠ242ĹŠ'#1, Äą <_iYWb‡W Fhel_dY_Wb feh bW Feb_Y‡W -.2ĹŠ8ĹŠ"#,;2ĹŠ$ ,(+( 1#2Ä“ ;if[Y_Wb_pWZW D_‹ei o D_‹Wi o ĂŒ-ĹŠ!4 -".ĹŠ8 ĹŠ2#ĹŠ3(#-#ĹŠ4-ĹŠ 7Zeb[iY[dj[i :_dWf[d " fWhW /1(,#1ĹŠ2.2/#!'.2.ĹŠ"#ĹŠ+ ĹŠ,4#13#ĔŊ-.ĹŠ gk[ h_dZW ik Z[YbWhWY_ÂŒd ieXh[ "#2! 13 -ĹŠ04#ĹŠ' 8 -ĹŠ.31 2ĹŠ/#12.- 2ĹŠ be ikY[Z_Ze$ (-5.+4!1 " 2ĹŠ#-ĹŠ#+ĹŠ2 -%1(#-3.ĹŠ :[ _dc[Z_Wje [cf[pWhed bei 24!#2.Ä“ jh|c_j[i b[]Wb[i fWhW h[j_hWh [b Yk[hfe Z[ bW Ceh]k[ Z[b >eif_# jWb :eY[dj[ 7cXWje" fWhW Xh_d#
-5#23(% !(¢ŗŊŊ
)Ĺ‹ */˜ & ,)(Ĺ‹ (Ĺ‹ #& Ĺ‹*Ă„ &# ) Ă›d][b D[fjWb‡ J[d[bWcW 9k`_" Z[ )) W‹ei" ckh_ÂŒ bk[]e Z[ (* ^ehWi Z[ W]ed‡W [d [b >eif_jWb :eY[dj[ 7cXWje" bk[]e gk[ kd fh[ikdje Z[b_dYk[dj[ be Wfk# ‹WbWhW feh lWh_Wi eYWi_ed[i [d kd XW_b[ fefkbWh" bW cWZhk]W# ZW Z[b ' Z[ [d[he$ I[]‘d [b fWhj[ feb_Y_Wb" Ă›d][b ckh_ÂŒ W bWi ',0*& Z[b Zec_d]e fWiWZe$ Ik [ifeiW =beh_W OebWdZW JkXÂŒd" [ijkle jeZe [b j_[cfe `kdje W ƒb [d [b |h[W Z[ Yh‡j_Yei Z[ bW c[dY_e# dWZW YWiW Z[ iWbkZ$ Bei kd_\ehcWZei gk[ jhW# XW`Wd [d bW Feb_Y‡W @kZ_Y_Wb Z[ Jkd]khW^kW" i[ [dYk[djhWd _dl[ij_]WdZe gk_[d fkZe ^W# X[h Wi[i_dWZe W J[d[b[cW" oW gk[ W Z[Y_h Z[ iki YedeY_Zei" de j[d‡W [d[c_]ei$
[b jWdgk[ Z[ ik YWiW kX_YWZW [d bW Yeckd_ZWZ Z[ 7j_bbe" f[hj[d[Y_[dj[ W CeY^W$ Ik cWZh[ CWh‡W 7b[]h‡W D" Yec[djÂŒ gk[ [bbW [i# jWXW fbWdY^WdZe bW hefW o YeY_dWdZe" o h[Yk[hZW YbWhWc[dj[ ^WX[hb[ Z_Y^e W ;Z_j^" gk[ de lWoW W `k]Wh [d [b jWdgk[" f[he Wb fWh[# Y[h de ^_pe YWie" o YkWdZe [bbW iWb_ÂŒ W l[hbW" fehgk[ de Yedj[ijÂŒ jhWi lWh_ei bbWcW# Zei" bW [dYedjhÂŒ Ă“ ejWdZe [d [b jWdgk[ Z[ W]kW$ :[ _dc[Z_Wje bbWcÂŒ Wb 9k[h# fe Z[ 8ecX[hei" gk_[d[i bb[]Whed W bei '+ c_dkjei Z[X_Ze Wb Z_\‡Y_b WYY[ie" f[he bWij_ceiWc[dj[ de fkZ_[hed ^WY[h dWZW" iebe b[ Z_`[hed Ăˆbei i[dj_cei ckY^e i[‹ehW" ik ^_`W [ij| ck[hjWÉ$ Ik fWZh[ ;Z]Wh D" de iWX‡W gk[ ^WY[h Z[ bW Z[i[if[hW# Y_ÂŒd Z[ ^WX[h f[hZ_Ze W ik ^_`W" f[he [d kd WXhWpÂŒ jhWje Z[ jhWdgk_b_pWhbW$
. 1.-ĹŠ! ,(.-#3
BW YWc_ed[jW Yed fbWYW Ĺ—ĹŠĹŠ FF:#&('+" \k[ heXWZW Z[b Zec_Y_b_e kX_YWZe [d bW YWbb[ 8eb‡lWh o =edp|b[i Ik|h[p" [b Zec_d]e fWiWZe W bWi ')0&+$ I[]‘d ik fhef_[jWh_e 9Whbei CWoeh]W" ƒb bW Z[`ÂŒ fWhgk[W# ZW" ^WijW ^WY[h lWh_Wi YeiWi Wb _dj[h_eh Z[ ik l_l_[dZW" f[he Wb iWb_h de bW [dYedjhÂŒ" feh be gk[ f[diÂŒ gk[ i[ be ^WX‡W bb[lWZe bW ]h‘W" f[he jhWi l[h_Ă’ YWh gk[ de [ijW# XW [d [b fWj_e Z[ h[j[dY_ÂŒd l[^_YkbWh Z[ ?pWcXW" WYkZ_ÂŒ W bW Feb_Y‡W @kZ_Y_Wb W YebeYWh bW Z[dkdY_W h[if[Yj_lW$ 7b cec[dje i[ _dZW]W ik kX_YWY_ÂŒd$
+(#1.-ĹŠ"#ĹŠ +. ,
I[_i _dj[]hWdj[i Z[ bW Ĺ—ĹŠĹŠ \Wc_b_W Z[b fh[ikdje Wi[i_#
ēŊ +Ŋ .2/(3 +Ŋ .!#-3#Ŋ 3.Ŋ$4#Ŋ#+Ŋ+4% 1Ŋ#-Ŋ#+Ŋ04#Ŋ:-%#+Ŋ 3#-#+#, Ŋ1#!( (¢Ŋ 3#-!(¢-Ŋ,_"(! Ŋ (-,#"( 3 Ŋ/ 1 Ŋ!41 1Ŋ242Ŋ'#1(" 2ĔŊ2(-Ŋ #, 1%.Ŋ+.2Ŋ#2$4#19.2Ŋ"#Ŋ+.2Ŋ% +#-.2Ŋ $4#1.-Ŋ#-Ŋ5 -.
de Z[ CWdk[b FWd_cXepW" Z[ ). W‹ei" \k[hed fk[ijei [d b_X[hjWZ feh bW Feb_Y‡W DWY_edWb" bk[]e Z[ h[dZ_h bWi Z[YbWhWY_ed[i [d bW <_iYWb‡W$ BWi YeiWi gk[ W‘d f[hcW# d[Y‡Wd [d [b bk]Wh \k[hed iWYWZWi bW cWZhk]WZW Z[ Wo[h" fWhW [l_jWh gk[ bei feXbWZeh[i" gk[ W‘d [ij|d ceb[ijei feh be ikY[Z_Ze" bWi _dY_d[h[d Yece i[ ^WX‡W [if[YkbWZe$ ;djh[ jWdje W‘d i[ XkiYW Wb fh[ikdje ^ec_Y_ZW" Z[b YkWb de ^Wo cWoeh[i hWijhei$
āą
ŏąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
8KI9E ;CFB;E @E><E@<IFJ
M<E;<;FI<J #-"#".1ēũ ćĒĎđĈĐďĒĉ
-$ēũ
ćĊĉČĈĎĊČĉũ
ĵũ
ũ #-3 2ũ8ũ!. 1 -9 2ēũ -$ēũćĒĎćĉČćďĉ
GIF=<JFI<J ũ 1.$#2.1ũ"#ũ,Ì2(! ēũ _!-(!.ũ#-ũ .!#-ı !( ũ 42(! +ēũ -$ēũĉČĈđĐđđũĵũćđČďĒĈćĐĊ 1 4+ 1( ēũ ćĒĉĎćĈĊďĐũ
-$ēũ
ćĒđĊĐĊćČďũ
ĵũ
154+ 1( ēũ -$ēũćđČČČćĒĊđ
:FEK8;FI<J .!3.1 ũ#-ũ!.-3 (+(" "ũ8ũ 4"(3.1( ũ -$Ėũ ćĒĒćĉĉČĉĐĵũćĊĉđĎĈđďĎ .-3 ".1 ũ ēũ .$1#!#ũ 242ũ 2#15(!(.2ũ "#ũ 2#2.1~ ũ .-3 +#ũ8ũ 1( 43 1( ēũ -$ēũ ćđĐĊćđĉĊĐ ũ -%#-(#1.ũ#-ũ .-3 (+(" "ũ8ũ 4"(3.1~ ēũ -$ēũũ #+$ēũĉČĉĎĎĈĎũĵũ #+ēũćđČďĎđČČĉ -%#-(#1.ũ #-ũ !.-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$.1,#2ũĉđĉĐđĐĎũĵũćĒĎĈĐĐĒĎď ũ .-3 ".1ũ ĵũ ",(-(231 ".1ēũ -$ēũ ćĊũ ĉũ ČĈćĊĈĒũćĒđũđĎĒĐĉĉ )#1.Ĕũ 84" -3#ũ"#ũ+.%~23(! Ĕũ./#1 ".1ũ "#ũ,.-3 ! 1% 2ēũ -$ēũćĒđĐĊĈĒĉć 2(23#-3#ũ!.-3 +#ēũ -$ēũćĒđĐĎćČďĒ ũ .-3 ".1ēũ -$ēũĉČČĈďČĈũĵũćđĐČĊĈĎđĈ .-3 ".1 ēũ -$ēũĉđČďćĒďćĉũĵũĉđĐČďĊĉ 47(+( 1ũ !.-3 +#ēũ -$ēũ ćđČĈĒĎĉĊĐũ ĵũ ĉđĉĊĉĈĐ #15(!(.2ũ"#ũ .-3 (+(" "ũ #-#1 +ũ/.1ũ '.1 2ũ .ũ ũ !.,(2(¢-ēũ -$ēũ ćđĐćđĊĐđĈũ ĵũĉđČĈĉČĉ #!1#3 1( ı!.-3 ".1 ēũ %1#2 " ũ"#ũ .-ı 3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũćĒĉĎďćĈďďũĵũ ĉđĎćĒĉĐ
89F>8;FJ
-%ēũ #-ũ (23#, 2ēũ #+ũ ćđĈćĈĎđĊďĵũ ĉČĈďĈĐĉ -%#-(#1 ũ .,#1!( +ũ !.-ũ #7/#1(#-ı !( ũ #-ũ !. 1 -9 2ēũ -$ēũ ćđČĎćĊďđČũ ĵũ ćđĐČćĐĈćČũ
-%#-(#1 ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$ēũćĒđĎĒĐĈđď
-%#-(#1.ũ !.,#1!( +ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĉĒĒĒ ũ -%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĉĉĐďũ ĵũćđĊĉĒĒĐĉĐ %1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ
2(!¢+.%.ũ -"4231( +ēũ -$ēũćđĐČČďĎĒĊũ 154+ 1( ēũ -$ēũćĒĉĎĐććĈČ 2(!¢+.%.ũ -"4231( +ēũ -$.1,#2ĖũĉđČďĈđČũ ĵũćĒĉĐđĊĉĎČ 234"( -3#ũ ćĒđććĒĈĎď
"#ũ
2(!.+.%~ ēũ
-$ēũ
ũ 2(!¢+.%.ũ -"4231( +ēũ -$ēũ ćđČĊĊĎĎĊČũ ĵũĉČććĎďĐũ 2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĈĈČďćũ ĵũ ćđČĈĐĈďĒĐ
ũ 2(!¢+.% ũ -"4231( +ēũũ -$ēũćĒĎČĉĉĈĊĊ ũ 2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĉĈĊČĈũ ĵũ ćđČďĈĎĊďćũ
-%#-(#1 ũ#-ũ 1% -(9 !(¢-ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĎĊĎĎ ũ -%#-(#1 ũ#-ũ ",(-(231 !(¢-ũ"#ũ ,/1#ı 2 2ēũ -$ēũćđĐĈđĈČĐĒ -%#-(#1 ũ #-ũ ćđćĐĎĎĉĎČ
+(,#-3.2ēũ
-$ēũ
-%#-(#1 ũ .,#1!( +ēũ -$ēũ ĉđČďćĉČũ ĵũ ćĒďđćĉĐďĈ
ũ ēũ ēũ ēũ ćđČĎĈĊĐćĉũĵũĉđĉĐČČĉ
%1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ
-%#-(#1.ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđČČĈČĉćĈũĵũćĒĐĊćĈĊĈć
-%ēũ #!;-(!.ēũ 2/#!( +(9 ".ũ#-ũ ",(ı
-%#-(#1.ũ (5(+ēũ -$ēũćĒĉĐćĒĐďĈ
-(231 !(¢-ũ "#ũ 1."4!!(¢-Ĕũ ēũ + , 1ũ +ũ ĉČĎĈĈĊČũĵũćĒĎđĎĎĐĈĉ
-%#-(#1.ũ#-ũ (23#, 2ēũ -$ēũćĒđĊĉĉćđĎ
-%#-(#1.ũ #-ũ #1! ".3#!-( ēũ -$ēũ #+$ēũ ĉđĎĒĊĒĈũĵũćĒČČćĎđČČũĵũćđĐđĈĐĉđĉ
#!1#3 1( ũ )#!43(5 ēũ -$ēũ đĊĉČĊĊđČũ
-%#-(#1 ũ "#ũ ,/1#2 2ēũ -$ēũ #+$ēũ ćđďđĊĈĎĒũĵũćĒĈććďďĉď -%#-(#1 ũ .,#1!( +Ėũ -$ēũćĒđĉĐĐďĐĈ ũ -%#-(#1.ũ #-ũ (23#, 2ēũ -$.1,#2Ėũ ĉČĎĉĐĎĎũĵũćđĐČĒĊĉČĉ -%#-(#1.ũ #-ũ +(,#-3.2ēũ -$.1,#2Ėũ ćĒđĈĐĊđĐĉ ũ -%#-(#1.ũ +#!31¢-(!.ũ8ũ #+#!.,4-(! ı !(.-#2ēũ -$ēũĉĎĉĈĈđď
-%#-(#1.ũ #-ũ (23#, 2ēũ -$ēũ ĉđĎĊĒĉĊũ ĵũ ćĒđĎďČđČĈ
GJ@:FCF>FJ
(,/(#9 ũ "#ũ ! 2 Ĕũ .$(!(- 2ēũ -$ēũ ćđďĐďďĐĈćũĵũĉČĈĎČĎĊũ
-%#-(#1 ũ#-ũ ,/1#2 2ēũ -$ēũćđĐĒđĉĐĊĐũ
.% ".ēũ -$ēũćđđđĈČĒćĈ
-$ēũ
ũ -%#-(#1 ũ .,#1!( +Ėũ -$ēũũĉđćĎČĎĈ
-%#-(#1 ũ #-ũ $(- -9 2ēũ (-$.1,#2ũ ĉđĐČĉćĈĵćđĐđĈďĎĉĉ
-%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũćĒđĐĎĉĐćĐ
#1#!'.ēũ
4(" ".ũ "#ũ -!( -.2ũ 8ũ -( .2ēũ -$ēũ ĉČĉĊĎćĊũ
%1#2 ".ũ "#ũ -%#-(#1~ ũ #-ũ +(,#-3.2ēũ -$ēũćĒđĊćđĒĈďũ
.% " ēũ -$ēũĉČĉČćĎĒũĵũćĒĎČćĒĐĐĒ
#ũ
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćĒĎĐĈČĒđďũĵũĉČĎććĎć
ũ -%#-(#1.ũ#-ũ"(2# .ũ -"4231( +ēũ(-$.1,#2ũ ĉČĈĉĈĈđĵćđĐćĉĎćĎĒ
ũ -%#-(#1 ũ .,#1!( +ēũ -$ēũ ĉđĉĐČČĉũ ĵũ ćđČĎĈĊĐćĉ
234"( -3#ũ ćĒĒćĎĊĊđĐ
(,/(#9 ũ "#ũ .$(!(- 2ũ 8ũ ,#-2 )#1 ēũ -$ēũ ćĒĒćĉĉđĈĊũ
-%#-(#1 ũ .,#1!( +ēũ -$ćđĐđĊĈĊđĒ
234"( -3#ũ "#ũ 41(2/14"#-!( Ĕũ 2_/3(,.ũ 2#,#231#ēũ -$ēũćđćĐČďĒďĈ
%1#2 " ũ "#ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćĒĎĎĒćĎđđ
%1#2 ".ũ -%#-(#1( ũ (5(+ũ -$ēĖũćĒĎĉďĒĈČĐũ ıćĒĎćČĊĊĒĊ
42!.ũ #,/+#.ēũ -%#-(#1.ũ #-ũ .-ı
3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĊĉđĎĈđĊĎũ ĵũ ćđČČĒČĐĐĒ
42!.ũ #,/+#.ēũ -%#-(#1.ũ #-ũ .-ı 3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĒđĉĉĐĊĈđũ ĵũ ćĊĉČĈĎĎĊđ
8;D@E@JKI8K@MFJ 47(+( 1ũ .-3 +#ēũćĒĒČćĊČĐĒ #!1#3 1( ēũ -$ēũćĒĎćĉđĐĉĊ %1#2 " ũ (#-!( 2ũ ",(-(231 3(5 2ēũ -$ēũ ćđĊĉďČćĉć / !(3 ".1ũ#-ũ ",(-(231 !(¢-ũ Ì +(! ēũ -$ēũćĒČĎĊćČćđ 47(+( 1ũ ",(-(231 3(5 Ĕũ 5#-3 2Ĕũ 3#-ı !(¢-ũ +ũ !+(#-3#ēũ -$ēũ ćđČĐČČĐćČũ ĵũ ćđĊĈđĐđČĊũ #!1#3 1( ũ #!#/!(.-(23 ēũ 47(+( 1ũ!.-ı 3 +#ēũ -$ēũćđČĎďďĈĒďũ
<:FEFD@JK8J
ũ .2.ũ#-ũ.5#1+.!*Ĕũ1#!4 1(".1 Ĕũ. 1 2ũ ũ + ũ! 2 ũ++ , 1ũćĒĈĒĉćĈĉć
:?F=<I<J ũ '.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ēũ -$ēũ ćĒĉČćĉĎĈĎũ #!1#3 1( ũ ĵũ !'.$#1ũ /1.$#2(.- +ēũ -$ēũ ćđĒĈĒĈđđĈũ '.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćđĐĊČĐČĎĉ '.$#1ũ/1.$#2(.- +ēũ(/.ũ ũũ!.-ũ! ,(¢-ũ"#ũ Ďũ3.-#+ " 2ē -$ĖũćĒĐĈĊĉďĈČ
M8I@FJ 2!.+3 Ĕũ/1.3#!!(¢-ũ#)#!43(5 Ĕũ%4 1" #2ı / +" 2ēũ -$ēũćđČđĒČđĒĐũ 1#-2(23 Ĕũ #7/#1(#-!( ũ #-ũ (,/1#-3 2ēũ -$ēũćĒĒĒďČđĈďũĵũĉđĉĉďĐĒũ
ũ .5#-ũ !'(++#1ũ #-ũ .-3 (+(" "ũ !.-ũ
%1#2 " ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ēũ -$ēũćĒđĉĊĊĈĉĎ
ćĒĐĎďĉĎĒćũ
+(!#-!( ũ3(/.ũ Ĕũ +.-#1.ũũćđČďďđďĎĒ
13 ēũ !'(++#1ũ#-ũ(-$.1, 3(! ũ 4#- ũ/1#ı 2#-!( ēũĉđĎćČČĐ ũ 11#%+.ũ "#ũ !.,/43 ".1 2ēũ -$ēũ ćĒĎđćČČđď
ũ /#1 ".1ũ "#ũ ,;04(- 2ũ (-"4231( +#2ũ ĵũ
4/#15(2.1ũ "#ũ ."#% ēũ -$ēĖũ ćĒĉũ ĒĎũ Ďđũ ćĉũIJũĉũČĉũČČũĉĎũũũ 84" -3#ũ"#ũ.$(!(- ũĵũ 47(+( 1ũ"#ũ#-$#1ı ,#1~ ēũ -$.1,#2ĖũćĒđĉćĉĈĈĉ .,4-(! ".1ũ 2.!( +ũ ĵũ #+ !(.- ".1ũ Ì +(!.ũ ĵũ #231.ũ "#ũ #1#,.-( 2ēũ -$ēũ ćđČćĈĐČďĒ
'.$#1ũ /1.$#2(.- +ēũ -$ēĖũ ćđĉćČđĐĊĉũũ ĸćĊĹĉČĈĊČĉĊũ
#-2 )#1.ēũ -$ēũĉĐďĉĊđĉ
'.$#1ũ/1.$#2(.- +ũ3(/.ũġ Ģũ/ 1 ũ3 7(2ũ8ũ ! ,(.-#2ũ"#ũĎũ3.-#+ " 2ēũ -$ĖũĉČććđĎĎũ ıũćĒĎĐĒĒĈČĊũũũũũũ
ũ .,4-(! ".1 ũ .!( +ēũ -$ēũĉđĉĈĊĒĊ .8ũ 4 1"( ũ "#ũ 2#%41(" "ũ -$Ėũ ćđĊĈćĒĒđĒũĵũĉČĈďĊĈĉ ..1"(- ".1 ũ ćĊĉĉĐČćđĈĐ
"#ũ
5#-3.2ēũ
-$ēũ
ũ _!-(! ũ 4/#1(.1ũ #-ũ .,/43 !(¢-ũ #ũ (-$.1,;3(! ēũ -$ēũćđćĊĎďĉĎĐ
'.$#1ũ2/.13, -ēũ -$ēũćđĐďďĉĊĊĊũũũũũ
%1#2 " ũ #-ũ -! ũ 8ũ (- -9 2ēũ -$ēũ ćĒĉĎĐććĈČ
#!-¢+.%.ũ (5(+ũ 8ũ ( +ēũ -$Ėũ ĉČĉĉĒĐćĵũ ćđĐĊČĉĈĐď
47(+( 1ũ "#ũ .$(!(- ũ ĵũ ,#-2 )#1.ēũ -$ēũ ćđĐĎĎĉĊďĈ
13#2 -.ũ! +($(! ".ũ#-ũ +4,(-(.ũ8ũ5("1(.ēũ 1(! ,.2ũ/4#13 2Ĕũ5#-3 - 2Ĕũ5(31(- 2Ĕũ #3!ēũ #15(!(.ũ "#ũ , -3#-(,(#-3.ēũ -$ēũ ćĒĐĎČĈđĐĎ
%1#2 " ũ"#ũ+ ũ$ !4+3 "ũ"#ũ .-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$ēũĉđĉđĐĐĊũĵũćĒĒĉďďĐĉĈ
<DGC<F ;FD<JK@:F ,/+# " ũ".,_23(! ēũ #+$ĖćđĒĒćĎĒČĉũ ĵćđĒĒĊĊĊĉČ ,/+# " ũ".,_23(! ēũ #+$ĖćĒćĐĐďĈĐČĵ ćđĒĒćĎĒČĉĵćđĒĒĊĊĊĉČ
+#!31(!(23 ēũ -$ēũćĒĉĎđćĊćĒũ
#!1#3 1( ũ )#!43(5 ũ (+(-%Õ#ēũ -$ēũ ćđĒĐđĈćđć
.-3 ".1 ı !'(++#1Ĕũ ũ ,#"(.ũ 3(#,/.ēũ -$ēũĉđĉćĊďđ .,4-(! !(¢-ũ .!( +ēũ -$ēũĉđĉďĒĉĉ
-%#-(#1.ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĊĉđďĐĉĈďũĵũćđĐĐđĉĒĉĊ
(,/(#9 ũ "#ũ ! 2 Ĕũ .$(!(- 2ēũ -$ēũ ćđďĐďďĐĈćũĵũĉČĈĎČĎĊũ
!'.$#1ũ /1.$#2(.- +ũ ĵũ 1# +(9.ũ 5( )#2ũ !.-ũ 5#'~!4+.ũ/1./(.ēũ -$ēũćđĊĈĈĐćĊĉ
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ĉČĎććĎćũĵũćĒĎĐĈČĒđď
11#%+.ũ ! 2 2Ĕũ "#/ 13 ,#-3.2ũ 4ũ .$(!(ı - 2Ĕũ 84" ũ8ũ!4(" ".ũ ũ "4+3.2ũ, 8.1#2ēũ -$ĖũćĒđĐĎĉđĈď
#+#!31(!(23 ũ ĵũ , -3#-(,(#-3.ũ ĵēũ -$ēũ ćĒĒĎćĒĊĉćĉũũ
1*#3(-%ũ 8ũ #23(¢-ũ "#ũ #%.!(.2ēũ -$ēũ ćĒĉĐĈĈđĎĈ
ũ #-ũ +4,(-(.ũ 8ũ 5("1(.ēũ -$ēũ ĉđĉĊďĈĈũ ĵũ ćĒđĈĊĒĎĉĒ
234"( -3#ũ"#ũ"(2# .ēũ -$ēũćđČďđĉĉćĉ
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđĐđĈďĎĉĉ -%#-(#1.ũ .,#1!( +ēũ -$ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĊćć -%#-(#1.ũ#-ũ ,/1#2 2ēũ -$ēũĉČĈĎĊĒćũĵũ ćđćďĈĈćĒć -%#-(#1.ũ .,#1!( +ı '.$#1ũ/1.$#2(.- +ēũ -$ēũćđČČĈČđĎć
(,/(#9 ũ"#ũ! 2 2Ĕũ"#/ 13 ,#-3.2Ĕũ.$(!(ı - 2ēũ -$.1,#2ĖũćĒćĊĊĎĈĐďũĵũĉĐĎČďĈĉēũ 4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒđđćĎĊČćũ 4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒĉĐćĎĒČď #-%.ũ,4!' ũ#7/#1(#-!( ũ +ũ!4(" ".ũ"#ũ /#12.- 2ũ "#ũ + ũ 3#1!#1 #" "ũ .ũ "#ũ , ũ "#ũ++ 5#2Ĕũ2(ũ"#2# 2ũ,(ũ2#15(!(.2Ĕũ++ , 1Ėũ #+$2ĖũćĉČĉĉĒĐćũĵũćđĐĊČĉĈĐďĦ
#231.ũ#+#!31.,#!;-(!.ēũ .+" "41 ũ"#ũ 34 #1~ 2ũ ũ /1#2(¢-ēũ -$ēũ ũ ćĒĊćĎĊĈĒĉũ ĵũ ćđĈđĒĉĒĉďũ .+.!.ũ %8/24-Ĕũ !(#+.ũ 1 2.ēũ -$ēũ ĉđĎĊĐđČ #+#!31(!(23 Ĕũ ,#-2 )#1.Ĕũ ."#%4#1.Ĕũ %4 1"( ũ /1(5 ".ēũ -$ēũ ćđđĒćđĒďďũ ĵũ ćđČĎČĉĊĊČũ
_!-(!.ũ #-ũ (23#, 2ēũ -$ēũ ćđĐćĎĊďĊćũ ĵũĉđĉĈďđČ ũ (!#-!( " ũ#-ũ .,4-(! !(¢-ũ .!( +ēũ -$ēũ ćĒĎćĉĒĒďđ
ũ !'(++#1ũ _!-(!.ēũ +#!31(!(" "ũ -"42ı 31( +ēũ -$ēũĉĐĎĎććć 2(23#-3#ũ"#ũ.$(!(- ũ #+$ĖũćđČıĉĉĉıĉćĎ 2#15(!(.ũ "#ũ .1" ".2ēũ -$ēũ ĉČĉČćĐĈũ ĵũ ćĒđĈďćČĎĊũ %1#2 ".ũ #-ũ 1*#3(-%ũ 8ũ #23(¢-ũ "#ũ #%.!(.2ũ #+$ēũ ćĊĉČĈĉđćĊĵćđĐČČćĉďĎ #15(!(.ũ"#ũũ!423."(.Ĕũ#2!.+3 ũ#)#!43(5.ēũ -$ēũĉČĉĐĉĒćũĵũćđĒďĒďĈĎĐũ
!.-.,(23 ēũ -$ēũ ćĒĉĒČĒĊĐĎũ ĵũ ĉĎĉĈđČć
:FEJKIL::@FE
(!#-!( " ũ #-ũ 1 ).ũ .!( +ēũ -$ēũ ćĒĎďĐĎĈĉĉ
234"( -3#ũ Đ,.ēũ #,#231#ũ "#ũ 1*#ı 3(-%ēũ -$ēũćĒĎĎĊĊĈđĊ
%1#2 ".ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ēũ #+$ĖũĉđĎćĈĊĐĵćĒđĊđĉććČ
'.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćĒđćĐćĉČČũ
ũ #!1#3 1( ũ (+(-%Õ#ēũ -$ēũĉđĎĉĊďć
#-2 )#1.ũ .3.1(23 ēũ -$ēũĉČĈĒĉĊĐ
'.$#1ũ /1.$#2(.- +ēũ -$ēũ ćĊĉũ ČĈĉĊćđũ ĵũ ćđČĈČđđđĊ
ćđĒćĎĎđćČ
#%.!(.2ēũ -$ēũćđĐČćĊđĊČ
ũ #!1#3 1( ēũĉđČĒĉĐď
."#%4#1.ũĵũ 4 1"( ēũ -$ēĖũćđČıďĎĉēČČćũ ĵũćĒĊıďćĉıĉĐĉũ
ũ '.$#1ũ /1.$#2(.- +Ĕũ ũ !.-ũ ! ,(¢-ũ
ũ %1#2 ".ũ #-ũ 1*#3(-%ũ 8ũ #23(¢-ũ "#ũ
4 1"( ũ"#ũ #%41(" "ēũ -$ēũćĒđĐČĉĐČČ
'.$#1ũ/1.$#2(.- +Ėũ -$.1,#2ĖũĉČĉĐĎĊđ
'.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ġ Ģēũ #-%.ũ ! ,(¢-ũ 84-" (ũ 41%.-ũ Ĕũ ĈĒĒČĔũ ! / !(" "ũ Ċũ 3.-#+ " 2ēũ 3#+_$.-.Ėũ ćĒĒĉćĊĐĎđũıũĉĎĉĉđĊđ
ũ #!;-(!.ũ(-"4231( +ēũ -$ēũćĒĎćĒĊĉćĉũ _!-(!.ũ#-ũ(-$.1,;3(! ēũ -$ēũćĒđđďĒĈćĊ
-$ēũ
ũ #!#/!(.-(23 ũĵũ 2(23#-3#ũ .-3 +#ēũ -$ēũ ćđĐĊđďĈĉĐ
'.$#1ũ /1.$#2(.- +ēũ ĉđĎďČćĒũ ĵũ ćĒĎĎćďďĐđ
ũ ũ ēũ ēũ ćđĐĊđĎďđď
ĵũ
-$#1,#1 ēũ ćđČĎČĐČĈĒ
'.$#1ũ /1.$#2(.- +ēũ (/.ũ ũ -$.1,#2Ėũ ĉČĉĉĒĐćĵćđĐĊČĉĈĐď
'.$#1ũ /1.$#2(.- +ũ ĵũ #%41(" "ũ -"42ı 31( +Ėũ -$ēĖũćĊĉđĎĈđďđıćĒĉĎĒćĈđđ
.,4-(! ".1 ũ .!( +ēũ -$ēũ ćđĊććĎĒČĊũ ĵũĉđĉďĒĉĉ
#1 /( ũ ~2(! ēũ -$ēũĉČĈĐĐĉĒ
!'(++#1ũ #-ũ ćĒĉĎĈĊĉĊĒũ
(-$.1, 3(! ēũ
-$ēũ
%1#2 ".ũ #-ũ -%#-(#1~ ũ #-ũ 1% -(ı 9 !(¢-ũ "#ũ ,/1#2 2ũ -$Ėũ ĉČĉĈĈďČĵũ ćđČĈđćČČČĵćđĈĊĐćČĊČ !'(++#1ũ #-ũ !.-3 (+(" "ēũ 7/#1(#-!( ũ #-ũ 5#-3 2ũ 8ũ 3#-!(¢-ũ +ũ !+(#-3#ēũ #+$Ėũ ćđĊĉĒĉČĐĊ
ũ %1#2 " ũ"#ũ .-3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũćđČďĈĎććĐĔũćĊĉđĉĒĎĒĐ 234"( -3#ũ -.5#-.ũ -(5#+ũ "#ũ ",(-(2ı 31 !(¢-ēũ -$ēũćĒĎĎĉďĉĈČ ,/+# ".ũ -! 1(.ũ !4 +04(#1ũ ;1# ėũ !'.$#1ũ /1.$#2(.- +ũ #+$ēũ ćĒĎĒďĎČĊĐũ 8ũ ćĊũĉČĈćČČĉ #!#/!(.-(23 ēũ -$ēũ ćĒĒČćĊČĐĒũ ĵũ ćđĉďĎďĉČćũ 84" -3#ũ "#ũ !.!(- Ĕũ ! , 1#1.ēũ -$ēũ ćĒćČČČĎĒĐ ,#-2 )#1.Ĕũ1#! 4" ".1Ĕũ%4 1"( ũ/1(5 ı ".ēũ -$ēũćđđĒćđĒďďũĵũćđČĎČĉĊĊČũ
ũ %1#2 " ũ"#ũ 1*#3(-%ēũ -$ēũĉđĎĊďĐď
ũ3#!-¢+.%.ũ#-ũ -;+(2(2ũ"#ũ (23#, 2ēũ -$ēũ ĉČĎĉĒĎČũĵũćđĊćĈĎďĈĉũ
."#+.ũ/1.$#2(.- +ēũ .+.ũ!.-3 !3.2ũ/1.ı $#2(.- +#2ēũ -$ēũćđĐČćĊĊĎĈũ
%1#2 " ũ"#ũ 41(2,.ũ!.-ũ,#-!(¢-ũ#!.ı +¢%(! ēũ -$ēũćđČĐĈĊďďĈũ
.,4-(! !(¢-ũ .!( +ēũ 1."4!!(¢-ũ 1 "( +Ĕũ ,42(! +Ĕũ +.!4!(¢-Ĕũ 2.-("(23 ēũ -$ēũ ĉČĉĊĎĊĒũĵũćĒĒćĒđĎĊĈē
(2# ".1ũ/4 +(!(3 1(.ēũ -$ēũćđČĎđČďĒđũ
(!ēũ .,4-(! !(¢-ũ .!( +ēũ -$ēũĉČĈĉćĒĊ
.,4-(! ".1ũ .!( +ũ !.-ũ ! 1-_ũ "#ũ ēũ ēũ ĉČďĈĊćČũ ĵũ ćđďćČĊđĉĈũ
/**.+
K<II<EFJũũ ũ ēũ -ũ 3#11#-.ũ "#ũ ĊćĊũ ,32ũ ĉũ 1 -(9 !(¢-ũ #1#./4#13.ēũ ' !'4 -ũ ćđďĉđđďČćēũ .!'#ũ ČĉĎđĒĎũ ĸũ (!ēũ ĉĉŇĒČĒČĎĹ
9@<E<J I8@:<J
(/.3#1 /( ĈĔũ -!'.ũ 5#-341 ēũ -$ēũ ćĒĒĎďĈćČČũ #!#2(3.Ėũ 84" -3#ũ "#ũ !.!(- ēũ -$ēũ ĉđĉĎČďĊũĵũćĒĉČďđČďđũ .-"4!!(¢-Ĕũ /#1$#!!(.- ,(#-3.ũ .ũ /1#-"(9 )#ēũ -$ēũćĒĒĎďĈćČČ
ũ #-".ũ ! 2 ũ ĉũ /(2.2ũ "#ũ +.9 ũ -4#5 ũ +(23 ũ #-31 1ũ ũ 5(5(1ũ .-)ēũ #"ēũ + !(.2ēũ 5ēũ ĈĊũ 1(+ũ 8ũ 4(3.ũ ŌĊďćććĔććēũ ĉĐĉđĐĎďĵćĒĈČĐĒĐĐĒũ ĸ (!ēũĊćũŇĒĎćđĉĹ
-31#- ".1ũ /#12.- +Ĕũ $(3-#22Ĕũ 43.ı
@<EFJ
ēũ"#ũ31 ).Ĕũ2.+.ũ/ 1 ũ
8II@<E;FJ 11(#-".ũ.$(!(- 2ũ2#%4-".ũ/(2.ēũ #5 ı
++.2ũ ũ 4 8 04(+ēũĉđĉĎďďĈũıũćĒĎďĎĉĊĊĊũ ĸ -#ēũĐŇĒĎĈĎČĹ
ēũ"#ũ./.134-(" "ũ/.1ũ+ ũ#-31 " ũ ũ + ũ / 11.04( ũ -3 ũ .2 ũ 4-ũ +.3#ũ "#ũ 3#11#-.ũ"#ũĈĈĊć,ĉēũ -$ĖũćĒĊĎđĒĐĎĐĵćĒ đććĉĈĈĐĸ (!ēĊĈũŇĒĎćČĉĹ
"#$#-2 Ĕũ /1.3#!!(¢-ũ /#12.- +ēũ -$ēũ ćĒĒĎďĈćČČ %#-3#ũ#,/1#-"#".1 Ĕũ5#-ũ8ũÌ-#3#ũ ũ4-ũ #04(/.ũ #7(3.2.ēũ -$Ėũ ćĒďĈĉđĊćďũ ĸ (!ēũ ĈđũŇĒČđĈďĹ
#!#2(3.Ėũ 84" -3#ũ "#ũ !.!(- ēũ -$ēũ ĉđĉĎČďĊũĵũćĒĉČďđČďđũ
#!#2(3.ũ 5#-"#".1ũ "#ũ !!#2.1(.2ũ "#ũ 5#'~!4+.2ēũ -$ēũćđČďĈĒĊćČũĵũĉČĉĎćđćũ
ũ ēũ (-3#1#ı
#!#2(3.Ėũ 4+(".1ũ #2,#1(+ ".1ēũ -$ēũ ĉđĎćĎĒĊũ
ũ ũ "#ũ +.2ũ 2#15(!(.2ũ "#ũ +(,ı
Ĕũ 1#/ 1 !(¢-ũ "#ũ ! +#ı
2 ".2ũ/1#2#-3 1ũ! 1/#3 ũ#-ũ ũ ũ
ũ ēũĸ (!ēĈĊũŇĒČČđĉĹ
$.-#2Ĕũ "4!' 2Ĕũ ,#9!+ ".1 2Ĕũ ".,(-%.ũ ũ".,(-%.ēũ 5.1ũ++ , 1ĖũćđďĉĒćĒđČıũ ćđĐĊĒĊĉđđũ
42!.ũ #,/+#.Ėũ 47(+( 1ũ .-3 +#ēũ -$ēũ ćĒĒćĒďĈĉČũũŇĒĊđĈđ
Ėũ 4% 2ũ "#ũ %4 ũ 2.+.ũ ++ ,#ũ +ũćđďĉĒćĒđČĵũćđĐĊĒĊĉđđ
ũ ũ )#!43(5.2ũ "#ũ 5#-3 ũ
ũ ũũ4- ũ,;04(- ũ#+ 23(! ".1 ũ
ũ #23(+(23 ũ !.-ũ #7/#1(#-!( ũ 8ũ
(-"4231( +ũ ĸ#+;23(!.ũ 5(23.ũ 8ũ 1#!4 (#13.Ĺũ , 1! ũ (14 ēũ -$Ėũ ćĒđĊČććĈĐĵũ ĉı đĎČĊĐĈũ
"#2#.2ũ"#ũ24/#1 !(¢-ũ -$Ėũ 4!1#ũ8ũ 4(3.ũ +3.2ũ /3(! ũ 404#ũ #+$Ėũ ĉđĉĐĈďĉũ ıũ ćĒĎĒćĊĈĒĉũũŇĒĊđĈđ
ũ ,(.-ũ 14 ũ + -!'.-ũ 43.ũ 1% +#ēũ 84-" (ũ "ıĐĉũ #+ũ .ũ ĉććďēũ 4 8 04(+ũćĒĊđĊĈĈČĊũŇĈďČĈĈ
#!#2(3.ũ 2# .1(3 ũ / 1 ũ 31 ) 1ũ #-ũ
ũ ,(.-ũ 84-" (ũ "ıĐđũ (-ũ
1 ! 2Ĕũ #-#94#+ Ĕũ !4(" -".ũ -( .2ēũ -$ēũĉđČĉćĊĐũĵũćĒĎďĎďĈćĉũũ
41%.-ũ #+ũ .ũ ĉććďēũ 4 8 04(+ũ ćĒĊđĊĈĈČĊũŇĈďČĈĈ
#!#2(3.ũ .-3 ".1ũ ĸ Ĺēũ -$ēũ 4(%(ı
(/.3#1 /( ĈĔũ -!'.ũ 5#-341 ēũ -$ēũ
5 +"(-(ľ'.3, (+ē!.,ũ
<DGC<FJ
E<>F:@FJ M8I@FJ
/(#9 ũ /4#13 2ũ "#-31.Ĕũ ".!4,#-3.2ũ #-ũ 1#%+ ũ 8ũ 1#$#1#-!( 2ũ /#12.- +#2ēũ -$Ėũ ćĒđČĒĎĊĐČ
/ 1 ũ /4 +(!(" "ēũ (3 2ũ +Ėũ ćĒĎđĊĎĉĐĐũ ŇĒĊđĈđ
ćĒĒĎďĈćČČũ
ąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏŏ
.-"4!!(¢- Ĕũ /#1$#!!(.- ,(#-3.ũ .ũ /1#-"(9 )#ēũ -$ēũćĒĒĎďĈćČČ -31#- ".1ũ /#12.- +Ĕũ $(3-#22Ĕũ 43.ı
"#$#-2 Ĕũ /1.3#!!(¢-ũ /#12.- +ēũ -$ēũ ćĒĒĎďĈćČČ
ũ! !'.11.ũ ı ũĈććũ ēũ 3#+$Ėũ ĉđĎĉćĊĈēũ #+Ėũ ćĒĎđđďĎĎĐēũ ĸ (!ēũ ĈČũŇĒČĐćĉĹ ũ ũ 1 ũ 3.".ũ 3(/.ũ "#ũ 5#'~!4+.Ĕũ ! 1 41 ".1Ĕũ -4#5.2ēũ #-".ıũ ! , (.ıũ 42 ".2ēũ ) ũ 5(3 ı 1 ũ Ďũ /4#13 ũ !.1.- ũ (9494ēũ #3!ēũ #+$Ėũ ćđČĐĎĐĎĉĒĵĉČČĉĈĈďũĸ (!ēũĈČũŇĒČĐĊĐĹ
āĆ
1ēũ 5;-ũ 1#"#2ēũ -ũ!412.2ũ"#ũ!../#ı 1 3(5(2,.ũ8ũ"#ũ #8ũ"#ũ 1;-2(3.Ĕũ ("#1 9%.ũ 8ũ5 +.1#2ũ++ , 1ũ +ũćđćČđĊĉĐĐĸ (!ŇĹũũũũũũũũ ēũ ;, 1 2ũ"(%(3 +#2ũ/1.$#2(.- ı +#2ēũ (*.-ũ ĊćććĔũ (*.-ũ ďćĔũ -.-ũ Ċć ēũ #+_$.-.ēũ -$.1,#2ũ ćđĐĈĈđćđĒēũ ĸ (!ēũĉĊũŇĒČĒĐĎĹ
ũ
ēũ #ũ 1#++#ı - -ũ 8ũ 2#ũ '.1- -ũ / 5.2Ĕũ #-2 + " 2Ĕũ /.231#2Ĕ3 , +#2Ĕũ 04(, .+(3.2Ĕũ (-%1#ı "(#-3#2ũ"#ũ! +(" "Ĕũ/1#!(.2ũ!¢,.".2Ĕũ#7ũ !'#$ũ (+3.-ũ .+.-ũ 4(3.ēũ ćĒĒĒđĊĒĒćıũ ćĒĎđđĈĊĈČıũ ćĒĒĒĎďĒĐĎũ ĸ (!ēĉĐũ ŇĒĎćĊĉĹ
ũ
!% & &) "!($&) ) ) ) '&( !)*(!% ( , &($#*&(#&) -&) !)*+ #& &) ! '(#$!(
/+')*
/*.),
'5 (15,48( 0$/'21$'2 ,10812 $/(5*2/2*2
(1)(50('$'(6 $/e5*,&$6
³ &2%5$1=$6 (&8$'25´ 5HFXSHUDPRV FDUWHUD YHQFLGD /HWUDV GH &DPELR &KHTXHV \ 3DJDUpV 8G QR SDJD ORV JDVWRV 4XLWR \ &HYDOORV GR 3LVR 7HOI &HO
'LUHFFLyQ 3DUHMD 'LH]FDQFHFR \ %ROtYDU 6HYLOOD 7HOpIRQRV ² H[W ² &HO
&/,1,&$ ´6$1 /8,6µ $7(1&,21 3(50$1(17( 35(&,26 02',&26
/*-++
:H$ H7KB ?D97 7D:?DE 9KHIEI ;D 9>?B; # KHK=K7O # 9K87 # 8H7I?B ;IF;9?7B?IJ7 ;D ;D<;HC;:7:;I :;B H?yâD" LÞ7I KH?D7H?7I" >?F;HJ;DI?âD 7HJ;H?7B" :?78;J;I " :?ÛB?I?I $
9EDIKBJ7 FH;L?7 9?J7 7B 9;B &// .'/..-$ FEHJ70 &/'(++,/-
7C87JE0 9Wij_bbe &-#(/ ;Z_\_Y_e Jehh[iYe [djh[ @kWd 8[d_]de L[bW o '( Z[ Del_[cXh[" Yedikbjeh_e B#+ fbWdjW XW`W$
>EH7H?E0 '(^&& W '+^&&$ H?E87C870 9WhWXeXe '&#(( o / Z[ EYjkXh[$ J[b\i0 (/,+'/' >EH7H?E0 '-^&& W (&^&&
*,1(&2/2*,$
&,58*,$ /$3$526&23,&$ 2%67(75,&,$ < *(1(5$/ (QIHUPHGDGHV GH OD +HUQLDV 9HVtFXOD $SpQGLFH PXMHU SODQLILFDFLyQ 3UyVWDWD +HPRUURLGHV IDPLOLDU FRQWURO GHO 7HVWtFXORV QR GHVFHQGLGRV HPEDUD]R SDUWRV &,58*,$ (67(7,&$ < FHViUHDV OLJDGXUDV 5(&216758&7,9$ KLVWHUHFWRPtD GHVFHQVR 1DUL] VHQRV DEGRPHQ OLSRVXFFLyQ FLFDWULFHV GH YHMLJD OXQDUHV \ YHUUXJDV 'U /XLV ) &D]DU 0 SODVWLD YDJLQDO
C;:?9E 9BÞD?9E D;<HEBE=E
&f('+*/
$7(1&,Ð1 PLpUFROHV GH (QHUR GH
/+'..
$VPD ULQLWLV JULSH EURQTXLWLV XUWLFDULD DOHUJLD GH OD SLHO VHQVLELOLGDG D LQVHFWRV DFQp WUDWDPLHQWR FRQ YDFXQDV /XJDU +RVSLWDO 0LOOHQQLXP
/*)++
/*..*
."3*"$)*
&DOOH -XDQ % 9HOD HQWUH *XD\DTXLO \ 4XLWR 7HOI FHO
ũ
/*/'-
fWf[b
/**)/
;nf[hje [d b_]WZkhWi o 9khWY_ed[i W YehjW o bWh]W Z_ijWdY_W
+25$5,2 '( $7(1&,Ð1 0$57(6 SP D SP 0,(5&2/(6 DP D DP 'LU (GLILFLR 0XWXDOLVWD $PEDWR &DOOH 0HUD \ &HYDOORV HQWUDGD SRU OD FDOOH 0HUD
WR SLVR 2I 7HOpIRQR
OR FHUWLILFDQ
'UD 6LOYLD 7 9DOHQFLD ( 'U 6D~O $ 9DOHQFLD ( $PEDWR /DWDFXQJD 3X\R 3HOLOHR 7HOI
J$ FEHJ70 &/)*()+& % J$ CEL?IJ7H0 &/+'())-'
/*-)/
3DFLHQWHV HQ WUDWDPLHQWR
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 I_c d Z[ bei C_bW]hei [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 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[ 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" cWbWi e Z[iYedeY_ZWi o cWbW ik[hj[$ ef ('-(&
'U 'LHJR 7RUUHV 5
625'(5$
+25$ 352*5$0$ + + + + + + + + + + + + + + +
,QIRPHUFLDO 79DQXQFLRV 1RWLFLHUR 5HJLRQDO ,QIRPHUFLDO 7HOHGHSRUWHV ,QIRPHUFLDO ,QTXLHWXGHV ,QIRPHUFLDO &LQH 0DWLQDO &OXE $QLPDGRV 79DQXQFLRV 1RWLFLHUR 5HJLRQDO 7HOHGHSRUWHV 7RXFK &LQHPDQtD
+25$ 352*5$0$ + + + + + + + + + + + + + K
7H9H7UDYLHVRV &OXE $QLPD $PEDILFFLyQ 'DUN $QJHO
79DQXQFLRV ,QIRPHUFLDO 1RWLFLHUR 5HJLRQDO 7HOHGHSRUWHV 3XQWR GH $QiOLVLV ,QIRPHUFLDO (FXDWRULDQtVLPR ,QIRPHUFLDO 1RWLFLHUR 5HJLRQDO UHSULVVH
79DQXQFLRV &LHUUH
āć
ŏ ąŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
." ũ+ ũ(-$.1, !(¢-ũ)4"(!( +ũ#-Ė 666ē"#1#!'.#!4 ".1ē!.,
¡ ũ
ũ ũ ũ ũ
ũ
ũ ũ ũ
Ĕũ ũ
ũ ũ ũ ũ ĸ ũ ũ Ĺũ 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 ē ũ ũ Ėũ ũ ũ
Ėũ ēũ ũ ũ ē Ėũ ĸ ũ ũ Ĺ Ėũ ũ
ũ ũũ Ėũ
ũ ũ ũ ũ ũ ēũ ũ ũĸ Ĺ ũ ũ Ėũ Ċćũ ũ
ũ ũĉćĈćē ũ .ēũćĎĉĐıĉćĈć Ėũ Ėũ ĈĈũ ũ ũ ũ ēũĈĈć
ũ ũ ũ ũ ũ ũ ēıũ , 3.Ĕũ +4-#2ũ ĉďũ "#ũ )4+(.ũ "#+ũ ĉćĈćēũ 2ũ ĈČ'ĉĈēıũ Ėũ 3(2$#!'.ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.ũ '#!'.ũ /.1ũ #+ũ 49% ".ēũ 5.!.ũ !.-.!(ı ,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ #-ũ 5(134"ũ "#+ũ 2.13#.ũ 5#1($(! ".ũ 8ũ #-ũ ,(ũ !.-"(!(¢-ũ "#ũ 4#9ũ 4(-3.ũ "#ũ +.ũ (5(+ũ -! 1% ".ēũ -ũ+.ũ/1(-!(/ +Ĕũ + ũ"#, -" ũ#2ũ!+ 1 ũ8ũ!.,/+#3 ũ8ũ 1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ #8ũ8ũ2#ũ+#ũ ",(3#ũ +ũ )4(!(.ũ #1 +ũ 4, 1(.ũ !.,.ũ 2~ũ 2#ũ "#!+ 1 ēũ ~3#2#ũ ũ + ũ 2# .1 ũ ũ ũ
ũ Ĕũ #-ũ 4-.ũ "#ũ +.2ũ"( 1(.2ũ04#ũ2#ũ#"(3 -ũ#-ũ#23 ũ !(4" "ũ"#ũ , 3.Ĕũ 2~ũ!.,.ũ4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ + ũ !(4" "ũ "#ũ (. , Ĕũ +4% 1ũ #-ũ ".-"#ũ' -ũ!.-31 (".ũ, 31(,.-(.ũ 2#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũ ĈĈĒũ "#+ũ ¢"(%.ũ (5(+Ĕũ !.-$(_1 2#ũ +.2ũ #731 !3.2ũ 1#2/#!3(5.2ēũ 1.5_ 2#ũ "#ũ 41 ".1ũ "ı+(3#,ũ "#ũ +.2ũ ,#-.1#2ũ' (".2ũ#-ũ#+ũ, 31(,.ı -(.ũ/ 1 ũ+.ũ04#ũ 3#-3 ũ ũ+ 2ũ24%#ı 1#-!( 2ũ!.-23 -3#2ũ#-ũ+ ũ"#, -ı " ũ2#ũ-., 1 ũ!.,.ũ 41 ".1ũ "ı +(3#,ũ ũ + ũ 2# .1 ũ + -! ũ 42 - ũ .1.!'.ũ 4 (++ Ĕũ 04(#-ũ #-31 1;ũ #-ũ $4-!(.-#2ũ /1#5( ũ + ũ /.2#2(¢-ũ / 1 ũ+.ũ04#ũ2#ũ!.-!#"#ũ#+ũ3_1,(-.ũ "#ũ 31#2ũ "~ 2ũ "# (#-".ũ -.3($(! 1+#ũ !.-ũ 3.".ũ +.ũ !34 ".Ĕũ "# (#-".ũ -.3($(! 1+#ũ !.-ũ 3.".ũ +.ũ !34 ".ēũ %1_%4#2#ũ +ũ /1.!#2.ũ + ũ ".!4ı ,#-3 !(¢-ũ -.3($(! ".ēũ ¢,#2#ũ -.3 ũ "#+ũ ! 2(++#1.ũ )4"(!( +ũ "#2(%ı - ".ũ / 1 ũ 1#!( (1ũ $4341 2ũ -.3($(ı ! !(.-#2ēũ ~3#2#ũ8ũ-.3($~04#2#ēũ .ũ (-3#1+(-# ".ũ Ėũ +#ē ēũ ũ
ũ ē #13($(!.ē ēũ ũ ũ
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 ũ ũ ēũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ .ēũ ĊćĐı ı ũ ũ ĈČũ ũ ũ ũ ĉćĈćēũ ũ ćĊũ ũ ũ ũĉćĈćē ēũ ũ ũ ũĸ Ĺ 8ũ$(1, ũ8ũ2#++.ũ ĵĐĐćĈďĵ3$ 44
ũ ũ ũ ũ Ėũ ũ Ėũ
Ėũ ũ ũ Ėũ ũ ũ ũ Ėũ
Ėũ 1ēũ Ì+ũ 231.ũ ē Ėũ .ēũČČĐıĉćĈć ČČĐıĉćĈć
ũ ũ ũ ũ ũ ũ ēı .2Ĕũćđũ"#ũ "(!(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ Ĉć'Ċćēı Ėũ .-ũ + ũ !+ 1 !(¢-ũ 04#ũ -3#!#"#ũ 1#2/#!3.ũ "#ũ +.2ũ -.,ı 1#2ũ8ũ /#++(".2ũ"#+ũ !!(.- -3#ũ8ũ 4- ũ 5#9ũ 04#ũ 2#ũ ' ũ !4,/+(".ũ !.-ũ +.ũ"(2/4#23.ũ#-ũ/1.5("#-!( ũ -3#ı 1(.1Ĕũ ũ + ũ "#, -" ũ /1#2#-3 " ũ /.1ũ ũ ũ ũ Ĕũ2#ũ+ ũ! +($(! ũ"#ũ!+ 1 Ĕũ /1#!(2 ũ 8ũ !.,/+#3 Ĕũ /.1ũ 1#4-(1ũ +.2ũ 1#04(2(3.2ũ "#3#1,(- ".2ũ /.1ũ + ũ +#8Ĕũ ũ 8ũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ 5#1 +ũ 24, 1(.ēũ ")Ì-3#2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ ũ !.,ı / " ũ +ũ #2!1(3.ũ (-(!( +Ĕũ 3¢,#ı 2#ũ ũ #-ũ !4#-3 ũ + ũ !4 -3~ ũ ũ 8ũ #+ũ ! 2(++#1.ũ)4"(!( +ũ04#ũ2# + ũ/ 1 ũ $4341 2ũ -.3($(! !(.-#2ēũ ~3#2#ũ ũ + ũ "#, -" " ũ ũ ũ ũũ ũ ũũ/.1ũ+ ũ/1#-ı 2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ ũ 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#ũ2# +#ũ! 2(++#1.ũ)4"(!( +ũ ).ũ /1#5#-!(.-#2ũ #-ũ 1# #+"~ ēũ 1 ũ #+ũ-., 1 ,#(-3.ũ"#ũ!41 ".1ũ "ı +(3#,ũ04#ũũ1#/1#2#-3#ũ ũ+ 2ũ,#-.ı
1#2ũ ũ ũ ũũ ũ ũ ũ ũ ũ Ĕũ ũ ¢(% 2#ũ + ũ ./(ı -(¢-ũ "#ũ ".2ũ / 1(#-3#2ũ ũ !#1! -.2ũ .ũ".2ũ/#12.- 2ũ'.-.1 +#2ũ"#ũ+ ũ +.! +(" "ēũ .3($~04#2#ēı $Ĺũ 1ēũ Ì+ũ 231.ũ ēıũ 4#9ũ (5(+ũ "#ũ .2
.ũ 04#ũ ũ ũ 423#"ũ / 1 ũ +.2ũ $(-#2ũ "#ũ #8Ĕũ /1#5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ "#ũ 2# + 1ũ ! 2(++#1.ũ)4"(!( +ũ/ 1 ũ242ũ$4341 2ũ -.3($(! !(.-#2ēũ (1, ũ(+#%( +# 1 ēũũ + "82ũ +.1#2ũ 4#-, 8.1 ũ ũ
ũĉĈĐĈĒıĈĒćĉĊ 44
ũ
ũ ũ ũ ũ
ũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ĸ ũ ũ Ĺũ 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 ē ũ ũ ũ
ũ ēũ ũ ũ ē ũĸ ũ ũ Ĺ ũ ũ ũ ũ
ũ ũ ũ ũ Ėũ ēũ ũ ũĸ Ĺ ũ ũ ũ Ėũ ĉĒũ ũ ũ ũĉćĈćũ ũ .ēũćđđĊıũĉćĈć ĖũĎĎććũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ )4#ı 5#2ũ ĉũ "#ũ "(!(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ĈĎ'ČČēũ Ėũ 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.ũ!~3#2#ũ +ũ"#, -" ".ũũ ũ ũ ũ Ĕũ /.1ũ + ũ /1#-2 Ĕũ#-ũ4-.ũ"#ũ+.2ũ"( 1(.2ũ04#ũ2#ũ #"(3 -ũ#-ũ#23 ũ!(4" "ũ,#"( -3#ũ31#2ũ /4 +(! !(.-#2ũ ũ$(-ũ"#ũ04#ũ/ %4#ũ/ũ /1./.-% ũ #7!#/!(.-#2ũ "#-31.ũ "#ũ 31#2ũ"~ 2ũ+4#%.ũ"#ũ!(3 ".ēũ .1ũ' #1ũ ,#1(3.2ũ#-ũ 43.2ũ2#ũ.1"#- ũ+ ũ/1.ı '( (!(¢-ũ"#ũ#- )#- 1ũ"#+ũĎćŘũ"#ũ+.2ũ "#1#!'.2ũ8ũ !!(.-#2ũ04#ũ+#ũ!.11#2ı /.-"#-ũ +ũ "#, -" ".ũ 1#$#1(".Ĕũ !48.2ũ+(-"#1.2ũ8ũ,;2ũ"#3 ++#2ũ. 1 -ũ "#+ũ !#13($(! ".ũ "#ũ $.) 2ũ ĉũ "#ũ +.2ũ 43.2Ĕũ / 1 ũ +.ũ 04#ũ 2#ũ -.3($(! 1;ũ +ũ 2# .1ũ #%(231 ".1ũ "#ũ + ũ 1./(#" "ũ "#ũ #23#ũ ! -3¢-ēũ ¢,#2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ 4"(!( +ũ 2# + ".ũ /.1ũ #+ũ !3.1Ĕũ 5.! -".ũ !.-.!(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 ũ /.1ũ ' #1ũ 2(".ũ #-! 1% ".ũ "#ũ #23#ũ #2/ !'.ũ ,#"( -3#ũ !!(¢-ũ"#ũ/#12.- +ũ ēũĐĐĊũ ı ēũ !34#ũ !.,.ũ #!1#3 1(.ũ #-! 1% ".ũ #+ũ ēũ #2 1ũ + #13.ũ 4# 2ēũ ~3#2#ũ8ũ-.3($~04#2#ē (1, ũ(+#%( +# ēũ ũ ũ #13($(!.Ė %ēũ + #13.ũ 4# 2 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 Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ .ēũĊćĐı ı Ĕũ ũĈČũ ũ ũ ũ ĉćĈćēũ ũ ĉČũ ũ ũĉćĈćē (1, ũ(+#%( +# ēũ ũ ũĸ Ĺ 8ũ4-ũ2#++. ĈĒćĈĈĵĒĎĈČĒ
"#ũ , 3.ũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ /1#5(23.ũ #-ũ #+ũ 13~!4+.ũ đĉũ "#+ũ ¢"(%.ũ #ũ 1.!#"(,(#-3.ũ (5(+ũ ũ $(-ũ "#ũ 04#ũ / %4#ũ .ũ /1./.-ı % ũ #7!#/!(.-#2ũ "#-31.ũ "#ũ 31#2ũ "~ 2ũ +4#%.ũ "#ũ !(3 " ũ +#% +,#-3#ēũ %1_%4#2#ũ ũ +.2ũ 43.2ũ +.2ũ ".!4ı ,#-3.2ũ ")4-3.2ēũ ¢,#2#ũ #-ũ !4#-3 ũ+ ũ! 2(++ ũ)4"(!( +ũ2# + " ũ / 1 ũ /.23#1(.1#2ũ -.3($(! !(.-#2ēũ ~3#2#ũ8ũ-.3($~04#2#ēũ ēĹũ 1ēũ .1%#ũ 11(++.ũ ēũ 2#!1#3 1(.ēũ 1ēũ 4(2ũ (++ !~2ũ -2#!.ũ 4#9ũ #73.ũ (5(+Ĕũ !#13($(! ũ#+ũ2#!1#3 1(.ē
.ũ04#ũ!(3.ũ ũ423#"ũ/ 1 ũ+.2ũ$(-#2ũ +#% +#2ũ /1#5(-(_-".+#ũ "#ũ + ũ . +(ı % !(¢-ũ 04#ũ 3(#-#-ũ "#ũ 2# + 1ũ ! 2(++#1.ũ)4"(!( +ũ/ 1 ũ242ũ$4341 2ũ -.3($(! !(.-#2ē , 3.Ĕũ"(!(#, 1#ũĈũ"#ũĉćĈć (1, ũ(+#%( +# 1ēũ .1%#ũ 11(++. #!1#3 1(. 8ũ4-ũ2#++. ĒĎĈđĉũĵũĈĒćĉĈ ŞŞ
ũ"#+ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ Ėũ ũ ũ ũ
Ėũ ũ ũ ũ Ėũ
Ėũ ũ ũ ũ ũ ũ ũ ĖũŌũďēćććĔ..
ũ .ēũĈĎćČıĈĒĒĒ Ė
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ IJũ , 3.Ĕũ )4#5#2ũ ĉĎũ "#ũ -.5(#, 1#ũ"#+ũĉćĈćĔıũ 2ũĈĈ'Ďďēıũ -ũ 5(134"ũ "#ũ 04#ũ + ũ !.,/#3#-!( ũ "#ũ + ũ ! 42 ũ 2#ũ #-!4#-31 ũ +#% +,#-ı 3#ũ 1 "(! " ũ #-ũ #23#ũ )49% ".ũ 5.!.ũ !.-.!(,(#-3.ėũ 8Ĕũ 4- ũ 5#9ũ 04#ũ + ũ !3.1 ũ' ũ!4,/+(".ũ!.-ũ#+ũ1#04(2(3.ũ #23(/4+ ".ũ #-ũ #+ũ 13ēũ đĉũ (-!(2.ũ Ċ.ũũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ /.1ũ !4 -3.ũ + ũ "#, -" ũ 04#ũ -3#ı !#"#ũ1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ+#8Ĕũ2#ũ + ũ ! +($(! ũ + ũ "#, -" ũ "#ũ 4,#-3.ũ "#ũ/#-2(¢-ũ +(,#-3(!( ũ"#ũ2#1ũ!+ 1 Ĕũũ /1#!(2 Ĕũ ũ !#/3;-".+ ũ +ũ 31;,(3#ũũ #2/#!( +ũ "#3#1,(- ".ũ #-ũ + ũ +#8ũ #$.1, 3.1( ũ +ũ ¢"(%.ũ ũ 1%;-(!.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( Ĕũ /4 +(ı ! " ũ#-ũ#+ũ #%(231.ũ $(!( +ũ .ēũďČĊũ "#+ũ ĉđũ "#ũ )4+(.ũ ũ "#+ũ ĉććĒēũ -ũ +.ũ /1(-!(/ +ũ Ĕũ !(3#2#ũ +ũ "#, -" ".ũ 2# .1ũ ũ ũ ũ Ĕũ /.1ũ ,#"(.ũ "#ũ 31#2ũ /4 +(ı ! !(.-#2ũ ũ /.1ũ + ũ /1#-2 ũ ũ #-ũ 4-.ũ "#ũ+.2ũ"( 1(.2ũ"#ũ, 8.1ũ!(1!4+ !(¢-ũũ - !(.- +ũ .ũ +.! +Ĕũ / 1 ũ 04#ũ "#-31.ũ "#+ũ /+ 9.ũ "#ũ 5#(-3#ũ "~ 2ũ ũ !.-3 ".2ũ ũ / 13(1ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ 2# +#ũ 24ũ ".,(!(+(.ũ 4"(!( +ũ "#-31.ũ "#ũ + ũ (4" "ũ "#ũ , 3.Ĕũ / 1 ũ 04#ũ 1#!( ũ242ũ$4341 2ũ-.3($(! !(.-#2ėũ2#ũ 2# + 1 ũ+ ũ 4"(#-!( ũÌ-(! Ĕũ4- ũ5#9ũ 04#ũ2#ũ#-!4#-31#ũ+#% +,#-3#ũ!(3 ".ũ #+ũ "#, -" ".Ĕũ + ũ 04#ũ 2#ũ /1 !3(ı ! 1 ũ #-ũ #+ũ 3_1,(-.ũ #23 +#!(".ũ #-ũ #+ũ ¢"(%.ũ 1%;-(!.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ēũ +ũ#23 1ũ$() " ũ8 ũ4- ũ /#-2(¢-ũ"#ũ +(,#-3.2Ĕũ-.ũ#2ũ/1.!#ı "#-3#ũ $() 1ũ ũ + ũ /#-2(¢-ũ /1.5(2(.- +ũ 04#ũ "(2/.-#ũ #+ũ 13ēũ --4,#1 ".ũ Ēũ "#ũ + ũ #8ũ #$.1, 3.1( ũ "#+ũ ¢"(%.ũ 1%;-(!.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ėũ .1ũ -4-!( " 2ũ #-ũ $.1, ũ ./.134- Ĕũ #-ũ + ũ 4"(#-!( ũ Ì-(! ũ /1 !3~04#2#ũ + 2ũ 2(%4(#-3#2ũ "(+(%#-!( 2ũ /1. 3.1( 2Ėũ %1_%4#2#ũ +ũ /1.!#2.ũ !.,.ũ /14# ũ "#+ũ !3.1ũ +.2ũ ".!4,#-3.2ũ 04#ũ ")4-3 ũ ũ + ũ "#, -" ũ 8ũ 3¢,#2#ũ #-ũ !4#-3 ũ +.2ũ ".!4,#-3.2ũ04#ũ -4-!( ũ/1#2#-3 1ũ #-ũ + ũ 4"(#-!( ũ Ì-(! ēıũ #!~ 2#ũ + ũ "#!+ 1 !(¢-ũ3#23(,.-( +ũ"#ũ+ 2ũ2# .ı 1 2ũ + 4"( ũ (+5( ũ -"(ũ (+ ,4-% ũ8ũ #1¢-(! ũ +(9 #3'ũ _1#9ũ (++ %1;-Ĕũ #-ũ #+ũ ,.,#-3.ũ ./.134-.ũ "#ũ + ũ 4"(#-!( ũ Ì-(! ēıũ #!~ 2#ũ + ũ !.-ı $#2(¢-ũ )4"(!( +ũ "#+ũ 2# .1ũ ũ ũ ũ Ĕũ#-ũ#+ũ ,.,#-3.ũ./.134-.ũ"#ũ+ ũ 4"(#-!( ũ Ì-(! Ĕũ 04(#-ũ 1#2/.-"#1;ũ ũ + 2ũ /1#ı %4-3 2ũ 04#ũ #-ũ $.1, ũ .1 +ũ 1# +(9 1 ũ #+ũ "#$#-2.1ũ "#ũ + ũ !3.1 ēıũ $(!(#2#ũ !.,.ũ2.+(!(3 ũ+ ũ !3.1 ēũ ¢,#2#ũ#-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ "#2(%ı - ".ũ/.1ũ+ ũ !3.1 ũ8ũ+ ũ 43.1(9 !(¢-ũ .3.1% " ũ ũ 24ũ .% ".ũ "#$#-2.1ēũ -3#15(-#ũ #-ũ + ũ /1#2#-3#ũ ! 42 ũ #+ũ ēũ $ #+ũ .-3#2"#.! Ĕũ #-ũ ! +(ı " "ũ "#ũ 2#!1#3 1(.ũ #-! 1% ".Ĕũ /.1ũ !!(¢-ũ"#ũ/#12.- +ũĐđćı ı Ĕũ"#+ũ ĉČũ"#ũ-.5(#, 1#ũ"#+ũĉćĈćē ũ ũ ēıũ ũ
4#9ũ $Ĺũ 1 ēũ (,#- ũ #1".(9 ēıũ #13($(!.ēıũ +ũ #!1#3 1(.ũ $Ĺũ 1ēũ #1- -".ũ .-2#! ē (1, ũ(+#%( +# 1ēũ #1- -".ũ .-2#! ũ ũ ũ ũ ũ ũ ũ ũ 8ũ4-ũ2#++. ĈđĒćĎũĵũĒČďďĒ 44
44
ēũ #+ũ ē +ũ2# .1ũ ũ ũ ũ+#ũ' %.ũ2 #1ũ+ ũ2(%4(#-ı 3#Ĕũ"#, -" Ė
"#-31.ũ "#+ũ )4(!(.ũ #)#!43(5.ũ /.1ũ !. 1.ũ "#ũ "(-#1.ũ 2#%4(".ũ /.1ũ ũ } ũ ũ ũ#-ũ!.-31 ũ"#ũ ũ ũ ũ2#ũ' ũ"(2/4#23.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ /.1ũ "#2!.-.ı !#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#+ũ "#, -" ".ũ"#ũ!.-$.1,(" "ũ ũ+.ũ 04#ũ "(2/.-#ũ #+ũ 13~!4+.ũ đĉũ "#+ũ ¡ ũ ũ ũ ũ2#ũ+#ũ' !#ũ2 #1ē
ũ ũ ũ ũ
Ë ũ ũ ũĉćĈćıćđĈđ 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 ēũ , 3.Ĕũ )4#5#2ũ ĉĈũ .!34 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ćĒ ććēũ (23.2Ėũ+ ũ"#, -" ũ/1#ı 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 #)#!43(5.ėũ 8ũ /.1ũ ' #1ı 2#ũ "#!+ 1 ".ũ ).ũ )41 ,#-3.ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1ũ + ũ 1#2("#-!( ũ !34 +ũ "#+ũ "#, -ı " ".Ĕũ !~3#2#ũ /.1ũ + ũ /1#-2 ũ ũ ũ ũ Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũũ 4-.ũ"#ũ+.2ũ"( 1(.2ũ"#ũ#23 ũ!(4" "ũ
ũ
ũ ũ ũ ũ ũ ũ
ũ ũ
ũ ũ ũ Ĕũ /.1ũ "#2!.-.!#1ũ 24ũ !34 +ũ / 1 ı "#1.Ĕũ".,(!(+(.Ĕũ1#2("#-!( ũ.ũ(-"(ı 5("4 +(" "Ĕũ 2#ũ +#ũ ' !#ũ 2 #1ũ +.ũ 04#ũ2(%4#Ė
4(!(.ũ-.ēũćĒČđıĉćĈć ũ ũ Ėũ
Ėũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ
ũ Ėũ
ũ ũ ũ Ėũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ +4-#2ũ ĉćũ "#ũ "(!(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ĈĎ'ĉďũ Ėũ 5.!.ũ !.-.ı !(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ #-ũ 5(134"ũ "#ũ ' #1ũ !.11#2/.-ı "(".ũ + ũ ,(2, ũ #-ũ 2.13#.ũ ũ #23 ũ
4"(! 341 ēũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ /1#!#"#ũ #2ũ !+ 1 ũ 8ũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ #8Ĕũ /.1ũ +.ũ 04#ũ 2#ũ + ũ ",(3#ũ +ũ 31;ı ,(3#ũ /1#5(23.ũ #-ũ #+ũ 13ēũ đĈĊũ "#ũ + ũ ."($(! !(¢-ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ēũ -ũ !.-2#ı !4#-!( ũ 8ũ /.1ũ !4 -3.ũ #+ũ !3.1ũ "#!+ 1 ũ !.-ũ )41 ,#-3.ũ 04#ũ +#ũ ' ũ 2(".ũ (,/.2( +#ũ ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "ũ "#+ũ "#, -ı " ".ũ
ũ ũ
ũ Ĕũ "#ũ !.-$.1,(ı " "ũ!.-ũ+.ũ04#ũ"(2/.-#ũ#+ũ 13ēũđĉũ "#ũ+ ũ ."($(! !(¢-ũũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ!~3#2#+#ũ!.-ũ + ũ "#, -" ũ ũ #-ũ $.1, ũ ũ #731 !ı 3 " ũ 8ũ + ũ /1#2#-3#ũ /1.5("#-!( Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ ( 1(.2ũ 04#ũ 2#ũ #"(ı 3 -ũ #-ũ #23 ũ !(4" "ũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#+ũ 3_1,(-.ũ "#ũ 31#2ũ "~ 2Ĕũ !.-3#23#ũ + ũ "#, -" ũ !.,.ũ +.ũ "#3#1,(- ũ#+ũ 13ēũđĈČũ"#+ũ,(2,.ũ 4#1/.ũ #% +ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2Ĕũ 8ũ2#ũ" ũ/.1ũ+#%(3(, " ũ24ũ/#12.ı -#1~ ũ#-ũ5(134"ũ"#+ũ/."#1ũ ")4-3.ēũ ~3#2#ũ8ũ .3($~04#2#ē (1, ũ(+#%( +# ēũ ũ
#13($(!. (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1ũ
.ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-ı 3.ũ "#+ũ "#, -" ".ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ē (1, ũ(+#%( +# ēũ ũ 8ũ4-ũ2#++. ĈĒććĎũĵũĒĎĈĉĐ 44
¡ ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũũ
ũ ũ : ũ } ũ ũ ũ #-ũ #+ũ .$(!(.ũ -Ì,#1.ũ ćđĎČıĉćĈćĔũ /.1ũ ' #1ũ 2(".ũ (,/.2( +#ũ "#3#1,(- 1ũ 242ũ !34 +#2ũ ".,(!(+(.2Ĕũ 1#2("#-!( 2ũ .ũ (-"(5("4 +(" "#2Ĕũ 2#ũ +#2ũ ' !#ũ 2 #1ũ+.ũ04#ũ2(%4#Ė ũ ũ Ėũ
Ėũ ¡ Ėũ ũ ũ ũ ũ ũ ũ Ë ũ ũ ũ ũ Ë ũ ũ Ĕũ } ũ ũ ũ ũ ũ } ũ : ũ ũ ũ Ėũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ : ũ } ũ ũ } Ėũ ũ ũ ũ ũ ũ ũ ¡ ũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũ Ĉćũ -.5(#, 1#ũ ĉćĈćĔũ + 2ũĈČ Ďđēũ (23.2Ėũ 5.!.ũ!.-.!(ı ,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ #-ũ 5(134"ũ "#ũ ' #1ũ !.11#2/.-"(".ũ + ũ ,(2, ũ #-ũ 2.13#.ũ ũ #23 ũ )4"(ı ! 341 ēııũ -ũ /+#-.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ -3#!#"#ũ #2ũ !+ 1 ũ /1#!(2 ũ8ũ1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ +#8Ĕũ /.1ũ +.ũ 04#ũ 2#ũ + ũ ",(3#ũ +ũ 31;,(3#ũ#2/#!( +ũ"#ũ)4(!(.ũ"#ũ/ 1ı 3(!(¢-ēııũ #ũ!.-!#"#Ĕũ ũ+ 2ũ/ 13#2ũ #-ũ 3_1,(-.ũ "#ũ ĈĎũ "~ 2ũ / 1 ũ 04#ũ 2#ũ /1#2#-3#-ũ 3." 2ũ + 2ũ !4#23(.ı -#2ũ !48 ũ 1#2.+4!(¢-ũ /1#5( ũ $4#ũ -#!#2 1( ũ / 1 ũ ++#5 1ũ ũ ! .ũ + ũ / 13(!(¢-Ĕũ 8ũ /.1ũ !4 -3.ũ +.2ũ !3.ı 1#2ũ "#!+ 1 -ũ !.-ũ )41 ,#-3.ũ 04#ũ +#2ũ' ũ2(".ũ(,/.2( +#ũ"#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "ũ "#ũ +.2ũ "#, -" ı ".2ũ '#1#"#1.2ũ !.-.!(".2Ĕũ /1#ı 24-3.2ũ8ũ"#2!.-.!(".2ũ"#ũ+ ũ! 4ı 2 -3#ũ ũũ
ũ ũ: ũ } ũ ũ Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "(2/.-#ũ #+ũ 13~!4+.ũ đĉũ "#ũ + ũ !."($(! !(¢-ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ !~3#2#+#2ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ /1#ı 2#-3#ũ/1.5("#-!( Ĕũ,#"( -3#ũ31#2ũ /4 +(! !(.-#2ũ"#ũ4-.ũ"#ũ+.2ũ"( ı 1(.2ũ "#ũ #23 ũ !(4" "ēııũ 2!1~ 2#ũ + ũ "#, -" ũ #-ũ #+ũ 1#%(231.ũ "#ũ + ũ /1./(#" "ũ "#+ũ ! -3¢-ũ , 3.ũ 8ũ / 1 ũ +.ũ 04#ũ 2#ũ -.3($(! 1;ũ ũ 24ũ 3(34+ 1ēũ 4_-3#2#ũ #-ũ + ũ /1#2#-3#ũ ! 42 ũ !.-ũ +.2ũ 2# .1#2ũ ũ ũ ũ } ũ ũ ũ ũ ũ ¡ ũ Ĕũ ũ04(#-#2ũ2#ũ +#2ũ -.3($(! 1;ũ #-ũ #+ũ +4% 1ũ !.-.!(ı ".ũ/.1ũ#+ũ !34 1(.Ĕũ/ 1 ũ#+ũ#$#!3.Ĕũ !4_-3#2#ũ!.-ũ+ ũ.$(!(- ũ"#ũ2(34 ı !(.-#2ēũ %1_%4#2#ũ +ũ/1.!#2.ũ+.2ũ (-2314,#-3.2ũ04#ũ2#ũ !.,/ -ēũ 4_-3#2#ũ!.-ũ+ ũ2# .1 ũ ũ ũ ũ Ĕũ !.,.ũ 1.!41 ".1 ũ!.,Ì-ũ"#ũ+.2ũ !3.1#2ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ + ũ !4 -3~ ũ "#ũ + ũ !!(¢-ũ 8ũ #+ũ ! 2(++#ı 1.ũ )4"(!( +ũ 2# + ".ũ / 1 ũ #$#!3.ũ "#ũ ũ 242ũ -.3($(! !(.-#2ēũ ~3#2#ũ 8ũ .3($~04#2#ē 1ēũ (+3.-ũ ( -+., .
4#9 #13($(!.Ė 1ēũ 1!.ũ + 9 1 #!1#3 1(.
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũĈĎũ"(!(#, 1#ũĉćĈćĔũ+ 2ũ Ĉď ćĎēũ +ũ #2!1(3.ũ 04#ũ /1#!#"#Ĕũ %1_%4#2#ũ +ũ/1.!#2.ēũ .1ũ!4 -3.ũ /.1ũ 4-ũ #11.1ũ (-5.+4-3 1(.ũ #-ũ + ũ /1.5("#-!( ũ (-(!( +Ĕũ 2#ũ ' ũ /4#2ı 3.ũ #+ũ -., 1#ũ "#ũ + ũ "#, -" " ũ !.,.ũ ġ ũ ũ Ë ũ ĢĔũ!4 -".ũ+.ũ!.11#!3.ũ#2ũ ġ ũ ũ Ë ũ ũ ĢĔũ 2#ũ "#) ũ 1#!3($(! ".ũ "(!'.ũ #11.1ēũ -ũ +.ũ "#,;2Ĕũ #23#2#ũ ũ+.ũ"(2/4#23.ũ#-ũ+ ũ +4"(" ũ/1.ı 5("#-!( ēũ .3($~04#2#ē 1ēũ (+3.-ũ ( -+., .
4#9 #13($(!.Ė 1ēũ 1!.ũ + 9 1 #!1#3 1(.
.ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ "#ũ+.2ũ"#, -" ".2ũ/ 1 ũ+.2ũ$(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ē (3, ũ(+#%( +# 1ēũ 1!.ũ + 9 1 #!1#3 1(. 8ũ4-ũ2#++. ĒĎĈďĈũĵũĈĒćĈď 44
ēũ"#+ũ ē
ũ ũ ũ ũ ũ ũ ũ ũ ¡ ũ ũ Ėũ ¡ ũ ũ ¡ ũ ũ ũ Ėũ ũ ũ
ũ Ėũ ũ ũ : ũ ũ ũ
^ũ ũ Ėũ ũ ũ } ũ : Ėũ
} Ėũ Ōũ ĉČććũ ũ ũ ũ
Ėũ ũ ũ ũ ũ ũ ũ ĖũĉćĈćıćďČď
ũ ũ ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ĈČũ "(!(#, 1#ũ ĉćĈćēũ 2ũ ĈĎ ĈĈēũ (23.2Ėũ /.1ũ !4,/+(".ũ #+ũ 1#04(2(3.ũ #23(/4+ ".ũ #-ũ #+ũ 13~ı !4+.ũ đĉũ (-!(2.ũ 31#2ũ "#+ũ !¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ#-ũ5(134"ũ"#ũ+.ũ !4 +ũ + ũ 2# .1 ũ ũ ũ ũ ũ ).ũ )41 ,#-3.ũ #7/1#2 ũ "#2!.-.!#1ũ #+ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ !34 +ũ"#+ũ2# .1ũ: ũ ũ ũ Ĕũ /1#24-3.ũ / "1#ũ "#ũ + ũ -( ũ } ũ ũ ũ ũ /.1ũ +.ũ 04#ũ 2#ũ .1"#- ũ 04#ũ 2#ũ !(3#ũ +ũ "#, -" ı ".ũ 2# .1ũ : ũ ũ ũ Ĕũ /.1ũ ,#"(.ũ "#ũ 31#2ũ /4 +(! !(.-#2ũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ - !(.- +ũ .ũ +.! +Ĕũ/4 +(! !(¢-ũ04#ũ!.-3#-"1;ũ#+ũ #731 !3.ũ"#ũ+ ũ"#, -" ũ"#ũ"#!+ 1 ı 3.1( ũ"#ũ/ 3#1-(" "ũ$() !(¢-ũ"#ũ/#-ı 2(¢-ũ +(,#-3(!( ũ8ũ#23 ũ/1.5("#-!( Ĕũ / 1 ũ 04#ũ "#-31.ũ "#+ũ /+ 9.ũ "#ũ ĉćũ "~ 2ũ !.-3 ".2ũ ũ / 13(1ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ2# +#ũ".,(!(+(.ũ.$(!( +ũ "#-31.ũ "#ũ + ũ !(4" "ũ "#ũ , 3.Ĕũ / 1 ũ04#ũ1#!( ũ242ũ+ 2ũ-.3($(! !(.ı -#2Ĕũ ! 2.ũ !.-31 1(.ũ 2#ũ /1.!#"#1;ũ !.-ũ+ ũ31 ,(3 !(¢-ũ"#ũ#23 ũ! 42 ũ#-ũ 24ũ1# #+"~ ēııũ .3($~04#2#ũ8ũ!Ì,/+ ı 2#ēũ ũ )4#9ũ $Ĺũ 1ēũ (,#- ũ #1".~9 ũ Ĕũ #+ũ 2#!1#3 1(.ũ ēĹũ 1ēũ #1- -".ũ .-2#! ēũ #13($(!
.ũ 04#ũ /.-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ!.11#2/.-"(#-3#2 (1, ũ(+#%( +# 1ēũ #1- -".ũ .-2#! #!1#3 1(.ũ "#+ũ 49% ".ũ 1(,#1.ũ "#ũ + ũ ( #9ũ8ũ ".+#2!#-!( 8ũ4-ũ2#++. ĒĎĈĐĊũĵũĈĒćĈĒ 44
¡ ũ
ũ ũ ũ ũ ũ ¡ ũ
Ėũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ
ũ Ėũ ũ ũ } Ĕũ ^ũ ũ ũ } ũ ũ
ũ ē
ũ ũ ũ ũ .ũĉćĈćıĎĒĉ Ėũ
Ėũ .ũćČũ ũ ēũ ũ ũ ¡ } ũ
Ėũ ēũ ũ ũ
ũ ũ ũ ũ ũ
ēıũ ~++ 1.Ĕũ ĈĊũ "(!(#, 1#ũ ĉćĈćēũ 2ũ ĈĐ'ČČēıũ Ėũ ũ "#, -" ũ/1#2#-3 " ũ/.1ũ+.2ũ 1#2Ėũ ũ ũ ũ ũ
Ĕũ 1#2/#!3(5 ,#-3#Ĕũ 1#Ì-#ũ +.2ũ 1#04(2(3.2ũ "#ũ #8ũ /.1ũ +.ũ 04#ũ 2#ũ + ũ ",(3#ũ ũ 31;,(3#ũ "#ũ !.-ı $.1,(" "ũ !.-ũ + ũ 2#!!(¢-ũ Đ ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ #-ũ !.-2#!4#-!( ũ !~3#2#ũ !.-ũ + ũ "#, -" ũ 8ũ 43.ũ 1#! ~".ũ #-ũ + ũ ,(2, ũ ũ +.2ũ # .1#2Ėũ ũ
ũ Ĕũ ũ } ũ ũ ũ Ë Ĕũ Ĕũ ,#"( -3#ũ !.,(2(¢-ũ 04#ũ 2#ũ +( 1 -ũ +ũ # .1ũ #-(#-3#ũ .+~3(!.ũ "#ũ + ũ 11.04( ũ -ũ -"1_2ũ "#ũ #23#ũ -3¢-ėũ 8Ĕũ ũ +.2ũ '#1#"#1.2ũ /1#24-3.2ũ 8ũ "#2!.-.!(".2ũ "#ũ +.2ũ ! 42 -ı 3#2ũ ũ ũ } Ĕũ ^ũ ũ
ũ ũ ũ } ũ ũ
ũ ėũ 8Ĕũ ũ 04(#-#2ũ 3#-% -ũ (-3#1_2ũ #-ũ #+ũ /1#2#-3#ũ )4(!(.Ĕũ /.1ũ + ũ /1#-2 Ĕũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ !(¢-ũ "#ũ + ũ /(3 +ũ "#ũ + ũ 1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ / 1 ũ 04#ũ!.,/ 1#9! ũ ũ' !#1ũ5 +#1ũ+.2ũ "#1#!'.2ũ "#ũ +.2ũ !4 +#2ũ 2#ũ !.-ı 2("#1#ũ 2(23(" ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ $4341 2Ĕũ !.-ũ /#1!( (,(#-3.ũ #-ũ 1# #+"~ ēıũ /.134- ,#-3#ũ 2#ũ 2# + 1;ũ + ũ $#!' ũ 8ũ '.1 ũ / 1 ũ 04#ũ 3#-% ũ +4% 1ũ +.2ũ (-5#-3 1(.2ũ 8ũ 5 +Ì.ũ "#ũ +.2ũ (#-#2ũ "#) ".2ũ /.1ũ #+ũ ! 42 -3#ũ 8 ũ ,#-!(.- ".ėũ 2#ũ -., 1 ũ /#1(3.ũ ũ + ũ 1 ēũ -%ēũ ¢-(! ũ +(9 #3'ũ ¢,#9ũ 4!#1.Ĕũ 04(#-ũ #-31 1;ũ +ũ "#2#,/# .ũ "#ũ 242ũ $4-!(.-#2ũ /1#5( 2ũ + 2ũ $.1, ı +(" "#2ũ +#% +#2ēıũ -2!1~ 2#ũ + ũ /1#2#-3#ũ"#, -" ũ#-ũ#+ũ #%(231.ũ #ũ ũ 1./(#" "ũ ! -3.- +Ĕũ / 1 ũ +.ũ !4 +ũ 2#ũ -.3($(! 1;ũ +ũ 3(34+ 1ũ "#ũ "(!' ũ "#/#-"#-!( ũ /Ì +(! ēıũ 4_-3#2#ũ #-ũ + ũ /1#2#-3#ũ ! 42 ũ !.-ũ#+ũ2# .1ũ (1#!3.1ũ"#+ũ #15(!(.ũ "#ũ #-3 2ũ -3#1- 2ũ "#+ũ #-31.Ĕũ ũ 04(#-ũ 2#ũ +#ũ !(3 1;ũ ,#"( -3#ũ #/1#! 3.1(.ũ04#ũ2#ũ+( 1 -ũ ũ4-.ũ "#ũ+.2ũ # .1#2ũ 4#!#2ũ"#ũ+.ũ (5(+ũ "#+ũ -3¢-ũ , 3.Ĕũ #-5~ -".2#ũ "#2/ !'.ũ #-ũ $.1, ũ 8ũ .$1#!(#-".ũ 1#!(/1.!(" "ũ #-ũ ! 2.2ũ -;+.%.2ēũ ¢,#2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 2# + ".ũ / 1 ũ 242ũ -.3(ı $(! !(.-#2Ĕũ !.,.ũ + ũ "#2(%- !(¢-ũ "#ũ 24ũ "#$#-2.1ũ 8ũ %1_%4#2#ũ +ũ /1.!#2.ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ũ 8ũ +.2ũ #2!1(3.2ũ 04#ũ -3#ı !#"#-ēũ .2ũ !3.1#2ũ "#2(%-#-ũ /1.!41 ".1ũ !.,Ì-ũ / 1 ũ 04#ũ +#2ũ 1#/1#2#-3#ũ #-ũ #+ũ /1#2#-3#ũ )4(ı !(.ēũ .3($~04#2#ũ 8ũ !~3#2#ēıũ $Ĺũ 1ēũ $ #+ũ .8 ũ #+% ".Ĕũ 4#9ũ #ũ
.ũ (5(+ēũ #13($(!.ēũ #1-;-ũ .13_2ũ . 8.ēũ #!1#3 1(.ēũ ũ ũ ũ ũ ũ ¡ ũ
Ėũ ~++ 1.Ĕũ ĉĐũ "(!(#, 1#ũ ĉćĈćēũ 2ũĈć Ďđēũ .1ũ+(!#-!( ũ"#+ũ # .1ũ #!1#3 1(.ũ (34+ 1ũ "#ũ #23#ũ
49% ".ũ 2#ũ -., 1 ũ "ı'.!ũ #-ũ /#12.- ũ "#+ũ 1ēũ .2_ũ 1 -!(2!.ũ
;!.,#ũ ēĔũ #-!.-31;-".2#ũ /1#ı 2#-3#ũ "(!#ũ 04#ũ !#/3 ũ #+ũ ! 1%.ũ !.-$#1(".ũ8ũ04#ũ"#2#,/# 1;ũ$(#+ũ 8ũ+#% +,#-3#ēıũ$Ĺũ 1ēũ $ #+ũ .8 ũũ #+% ".ēũ 4#9ũ"#ũ+.ũ (5(+ēıũ!#13($(ı !.ēıũ$Ĺũ 1ēũ .2_ũ 1 -!(2!.ũ ;!.,#ũ (5#1 ēij #!1#3 1(.ũ "ı'.!ēı
.ũ 04#ũ !.,4-(!.ũ ũ 423#"ēĔũ / 1 ũ +.2ũ $(-#2ũ !.11#2/.-"(#-3#2Ĕũ "5(13(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ3(#-#ũ"#ũ!.,/ 1#!#1ũ ũ' !#1ũ 5 +#1ũ +.2ũ "#1#!'.2ũ 04#ũ 2#ũ !.-2(ı "#1#ũ 2(23(".ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ
$4341 2ēııũ #13($(!.ēij (1, ũ(+#%( +# 1ēũ .2_ũ 1 -!(2!.ũ ;!.,#ũ ē #!1#3 1(.ũ "ı'.! 8ũ4-ũ2#++. ĈĒćĉĉũĵĒĎĈđČ ŞŞ
ēũ"#+ũ ē Ėũ ũ ũ ũ Ĕũ2#ũ+#ũ' !#ũ2 #1Ė
#-31.ũ"#+ũ 4(!(.ũ #1 +ũ 4, 1(.ũ /.1ũ !. 1.ũ "#ũ "(-#1.ũ .ũ ĉććĒı ćĒĊĊĔũ 2#%4(".ũ /.1ũ #+ũ 1ēũ ^ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ēũ ēĔũ ũ Ĕũ#-ũ!.-31 ũ"#ũ ũ ũ ũ Ĕũ 2#ũ' ũ"(2/4#23.ũ!(3 1ũ/.1ũ+ ũ/1#-ı 2 ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ /1#!#/ı 34 ".ũ #-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ 8 ũ 04#ũ #+ũ !3.1ũ ' ũ , -($#23 ".ũ /.1ũ )41 ,#-3.ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ"#+ũ1#$#1(".ũ"#, -" ı ".Ĕũ2#ũ+#ũ' !#ũ2 #1Ė
Ėũ ^ ũ ũ ũ ũ ũ ũ ũ Ėũ ũ Ėũ ũ ũ Ë ĖũĈđĊćĐĉććĒćĒĊĊ
ũ ũ ũ Ėũ ēũ ũ ¡ ũ Ë Ėũ ēũ ^ũ ũ ũ Ĕũ ũ
ũ ũ ũ ũ ēũ ēĔũ ũ Ėũ ũ ũ ũ Ĕ } ũŌũĎđććēćć
ũ ^ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ 5(#1-#2ũ ĉĊũ .!34 1#ũ ĉććĒĔũ + 2ũ ĈČ'ČĐũ Ėũ + ũ "#, -ı " ũ /1#2#-3 " ũ /.1ũ #+ũ 1ēũ .2_ũ 31(!(.ũ .-ũ .11#2Ĕũ 1.!41 ".1ũ
4"(!( +ũ "#ũ ũ ũ ēũ ēĔũ ũ Ĕũ /.1ũ 2#1ũ +#% +ũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ 5#1 +ũ24, 1(.ēũ 1 ũ+.2ũ$(-#2ũ"#ũ +#8Ĕũ !~3#2#ũ +ũ "#, -" ".ũ ũ ũ ũ Ĕũ #-ũ + ũ "(1#!!(¢-ũ 2# + " Ĕũ /.1ũ "#/1#! 3.1(.ũ ũ1#,(3(12#ũ ũ4-.ũ"#ũ +.2ũ2# .1#2ũ 4#!#2ũ"#ũ+.ũ (5(+ũ"#+ũ ! -3¢-ũ (. , Ĕũ /1.5(-!( ũ "#ũ '(, .1 9.ēũ %1_%4#2#ũ+ ũ".!4ı ,#-3 !(¢-ũ -#7 ēũ .ũ04#ũ"(2/.-ı %.ũ #-ũ ! +(" "ũ "#ũ 4#9ũ #,/.1 +ēũ .3($~04#2#ēıũ $Ĺũ 1ēũ 423 5.ũ
¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ "#+ũ
49% ".ũ _/3(,.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.ēıũ #13($(!.ēũ +ũ #!1#3 1(.ē
ũ ^ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ)4#ı 5#2ũ ĉĉũ )4+(.ũ "#+ũ ĉćĈćĔũ + 2ũ ĈČ'ĎĊēũ (23.2Ėũ 4,/+(".ũ#+ũ1#04#1(,(#-ı 3.ũ"#+ũ 49% ".Ĕũ / 1 ũ +.2ũ $(-#2ũ "#ũ +#8Ĕũ2#ũ.1"#- ũ!(3 1ũ!.-ũ+ ũ"#, -ı " Ĕũ 43.ũ ! +($(! 3.1(.ũ 8ũ #23 ũ /1.ı 5("#-!( ũ +ũ "#, -" ".ũ ũ ũ ũ Ĕũ /.1ũ + ũ /1#-2 ũ "#ũ + ũ !(4" "ũ "#ũ , 3.Ĕũ"#ũ!.-$.1,(" "ũ ũ+.ũ"(2ı /4#23.ũ #-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ 8 ũ 04#ũ #+ũ !3.1ũ ' ũ , -($#23 ".ũ ).ũ )41 ,#-3.ũ "#2!.-.!#1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#+ũ 1#$#ı 1(".ũ "#, -" ".ēũ ;% 2#ũ 2 #1ēũ $Ĺũ 1ēũ 423 5.ũ ¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ "#+ũ 49% ".ũ _/3(,.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.ēũ #13($(!.ēũ +ũ #!1#3 1(.ē
.ũ 04#ũ !(3.ũ +ũ "#, -" ".ũ / 1 ũ +.2ũ$(-#2ũ+#% +#2ũ/#13(-#-3#2ėũ ũ$(-ũ "#ũ04#ũ5#(-3#ũ"~ 2ũ"#2/4_2ũ"#ũ+ ũ Ì+3(, ũ /4 +(! !(¢-ũ 2# +#ũ ! 2(ı ++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ -.3($(! !(.-#2ēũ #13($(!.ēũ +ũ #!1#3 1(.ē (1, ũ(+#%( +# 1ēũ 4%.ũ -3.2ũ ';5#9 #!1#3 1(.ē , 3.Ĕũ "(!(#, 1#ũ ĈČũ "#+ũ .ũ ĉćĈć 8ũ4-ũ2#++. ĈĒććĒũĵũĒĎĈđď
ŞŞ
(!!(.- 1(.ũ 41~"(!.
ũ ũ ũ ũ ũ ũġ Ģũ ũ .1ũ /_1"(" ũ 5 ũ -4+ 12#ũ + ũ +( 1#3 ũ "#ũ '.11.2ũ Œũ ĈČČĊđĒĎĐĔũ #7/#"(ı " ũ /.1ũ + ũ ../#1 3(5 ũ "#ũ '.11.ũ 8ũ 1_"(3.ũ ġ Ģũ 3" ēĔũ ũ $ 5.1ũ "#Ėũ ũ ũ ũ 4(#-ũ !1# ũ 3#-#1ũ "#1#!'.ũ 2. 1#ũ "(!' ũ+( 1#3 ėũ1#!+ ,#ũ#-ũ#+ũ3_1,(-.ũ "#ũ Ċũ "~ 2Ĕũ !.-3 ".2ũ "#2"#ũ + ũ $#!' ũ "#ũ/4 +(! !(¢-ũ"#ũ#23#ũ 5(2.ē , 3.ĔũĊćũ"#ũ"(!(#, 1#ũ"#ũĉćĈć
ũ ŇĒĎĈđĊ 44
ũ ũ ũ ũ ũ ũġ Ģũ ũ .1ũ /_1"(" ũ 5 ũ -4+ 12#ũ + ũ +( 1#3 ũ "#ũ '.11.2ũ Œũ ĐđĈďĒĔũ #7/#"(" ũ /.1ũ + ũ ../#1 3(5 ũ"#ũ '.11.ũ8ũ 1_"(3.ũ ġ Ģũ 3" ēĔũ ũ $ 5.1ũ "#Ėũ ũ ũ ũ 4(#-ũ !1# ũ 3#-#1ũ "#1#!'.ũ 2. 1#ũ "(!' ũ+( 1#3 ėũ1#!+ ,#ũ#-ũ#+ũ3_1,(-.ũ "#ũ Ċũ "~ 2Ĕũ !.-3 ".2ũ "#2"#ũ + ũ $#!' ũ "#ũ/4 +(! !(¢-ũ"#ũ#23#ũ 5(2.ē , 3.ĔũĊũ"#ũ#-#1.ũ"#ũĉćĈĈ
ũ ./ũĉĈĐĈČ 44
;N9BKO;DJ;0 Gk[ fheZkY[ [nYbki_ed$ ;b gk[ Yk[djW Yed Z[h[Y^e gk[ [i _dYec# fWj_Xb[ Yed [b ejhe$ ;N9KI70 Cej_le e fh[j[njei gk[ i[ _d# leYW fWhW Z_iYkbfWhi[ e [bkZ_h kdW eXb_# ]WY_ed$ :[iYWh]e1 [nY[fY_ed$ 9_hYkdijWd# Y_W jecWZW [d Yedi_Z[hWY_ed feh bW b[o fWhW ikijhW[h W kdW f[hiedW YkbfWXb[ Z[ bW f[dW dehcWb feh [bbW i[eWbWZW$ ;N9KI?âD0 :[h[Y^e Yed gk[ Yk[djW [b ÒWZeh i_cfb[ e Z[kZeh ikXi_Z_Wh_e fWhW f[Z_h k eXb_]Wh Wb WYh[[Zeh W gk[ fh[l_W# c[dj[ _dj[dj[ ^WY[hi[ [b fW]e Yed bei X_[# d[i Z[b Z[kZeh fh_dY_fWb$ ;N;=âJ?9E0 9Wb_ZWZ Z[b cejeZe [nfe# i_j_le [d bWi eXhWi Z[ :[h[Y^e" gk[ i_]k[ [b ehZ[d Z[ bWi b[o[i fei_j_lWi" W YkoW _d# j[hfh[jWY_ed Wj_[dZ[d fh_dY_fWbc[dj[$ ;N;D9?âD0 ;\[Yje Z[ [n_c_h$ B_X[hjWZ Z[ gk[ i[ ]epW fWhW [n_c_hi[ Z[ kdW eXb_# ]WY_ed$ B_X[hWY_ed" [nY[fjkWY_ed$ ;N;D9?âD JH?8KJ7H?70 ;nYbki_ed e Z_if[diW b[]Wb Z[ bW eXb_]WY_ed jh_XkjW# h_W" [ijWXb[Y_ZW feh hWped Z[ ehZ[d feXb_# Ye" [Yedec_Ye e ieY_Wb$ ;N;DJE0 B_Xh[ Z[ YkbfW" eXb_]WY_ed" Yk_ZWZe e fh[eYkfWY_ed$ ;n_c_h e b_XhWh Z[ Wb]kdW YWh]W k eXb_]WY_ed$ ;N;GK7JKH0 :eYkc[dje feh [b YkWb kd Yedikb [i h[YedeY_Ze Yece jWb [d [b ;ijWZe ZedZ[ ^W Z[ Z[i[cf[eWh iki \kd# Y_ed[i$ ;N>?8?9?â D0 CWd_\[ijWY_ed e ck[ijhW [d feXb_Ye$ Fh[i[djWY_ed Z[ ZeYkc[djei Wdj[ gk_[d Yehh[ifedZW$ ;N>EHJE0 :[ifWY^e gk[ b_XhW kd `k[p W ejhe Z[ _]kWb e ikf[h_eh YWj[]eheW" fWhW gk[ i[ cWdZ[ ZWh Ykcfb_c_[dje W be ie# b_Y_jWZe$ ;N?=?8?B?:7:0 BW YWb_ZWZ e YedZ_# Y_ed Z[ [n_]_Xb[$ DWjkhWb[pW Z[ Wb]e gk[ fk[Z[ h[YbWcWhi[ _cf[hWj_lWc[dj[$ 9_h# YkdijWdY_W gk[ WYecfWeW W kdW fej[ijWZ `kheZ_YW fWhW ik [\[Yj_l_ZWZ$ ;N?=?H0 H[gk[h_h" Z[cWdZWh _cf[# h_eiWc[dj[$ D[Y[i_jWh Wb]ed [b[c[dje e Y_hYkdijWdY_W fWhW bW f[h\[YY_ed Z[ kdW YeiW$ H[YehZWh [b Ykcfb_c_[dje YWXWb [ _dc[Z_Wje Z[ kd Z[X[h$ 9eXhWh e f[hY_X_h jh_Xkje feh fWhj[ Z[ bW Wkjeh_ZWZ feXb_YW$ ;N?B?E0 I[fWhWY_ed Z[ kdW f[hiedW Z[ bW j_[hhW [d gk[ l_l[$ ;nfkbiWh Z[b j[hh_# jeh_e fWjh_e e Z[ Wgk[b [d gk[ i[ j[deW h[i_Z[dY_W$ ;nfWjh_Whi[ feh cej_lei fe# bej_Yei$ ;N?C;DJ;0 9_hYkdijWdY_W gk[ [n_c[ e b_X[hW Z[ h[ifediWX_b_ZWZ f[dWb$ ;NF;:?;DJ;0 9ed`kdje Z[ fWf[b[i" ZeYkc[djei o ejhWi fhk[XWi e Wdj[Y[Z[d# j[i gk[ f[hj[d[Y[d W kd Wikdje e d[]e# Y_e$ :[ifWY^e" jhec_j[" Ykhie Z[ YWkiWi o Wikdjei$ FheY[ie" `k_Y_e" b_j_]_e$ ;NF;:?H0 :Wh Ykhie W bWi YWkiWi o d[# ]eY_ei$ :[ifWY^Wh" [nj[dZ[h feh [iYh_je kd ZeYkc[dje$ FhedkdY_Wh kdW fhel_# Z[dY_W$ H[c_j_h" [dl_Wh Wb]e$ ;NF;D:;H0 =WijWh" ^WY[h [nf[diWi$ L[dZ[h [\[Yjei Z[ fhef_[ZWZ W`[dW feh [d# YWh]e Z[ ik Zk[ee$ l[dZ[h Wb c[dkZ[e$
# -. ŋ, &#!#)- ŋ ŋ 0) #š(ŋ3ŋ /&./, .1Ŋ,;2Ŋ"#ŊĎćŊ  .2Ŋ#+Ŋ/4# +.Ŋ"#Ĺ 5.3.Ŋ"#Ŋ (! ('4 Ŋ 1(-"#Ŋ4-Ŋ'.,#- Ĺ )#Ŋ Ŋ24Ŋ/ 31.-.ē ēŊ 9ed \[ o Wb]WhWX‡W bei
cehWZeh[i Z[ [ijW fWhhegk_W i[ Wfh[ijWd W Y[b[XhWh kdW Z[ bWi Ă’[ijWi c|i Yedc[cehWj_lWi Z[ ik l_ZW h[b_]_eiW$ IWd ?i_Zhe BWXhW# Zeh [i [b decXh[ Z[ ik fWjhede" Wb gk[ feh ckY^ei W‹ei Y_[djei Z[ f[hiedWi b[ ^Wd Wjh_Xk_Ze Wb]‘d Ăˆc_bW]heÉ$ Kd c_iW" kdW fheY[i_ÂŒd Yed bW _cW][d gk[ c_Z[ kd c[jhe Z[ Wbje" [hW be ‘d_Ye gk[ i[ h[Wb_pWXW Yece Ă’[ijW YWh_ic|j_YW$ I_d [cXWh]e" bW Wi_ij[dY_W Z[ ckY^ei Ă’[b[i ^_pe gk[ Z[iZ[ ^WY[ (+ W‹ei" i[ _dYehfeh[d c|i WYj_# l_ZWZ[i YkbjkhWb[i" Z[fehj_lWi" ]WijhedÂŒc_YWi o ^WijW Z[ X[bb[pW" fWhW ZWhb[ [i[ jegk[ Whj‡ij_Ye" gk[
bei [YkWjeh_Wdei ck[ijhWd Wb Y[b[# XhWh iki \[ij[`ei$ 7b jƒhc_de Z[ YWZW Y[b[XhWY_ÂŒd i[ [b_][ [b ]hkfe Z[ fh_eij[i gk[ i[hl_h|d Z[ fWZh_dei fWhW bW i_# ]k_[dj[ Ă’[ijW" gk[ j_[d[d '' c[i[i Z[ fh[fWhWY_ÂŒd fWhW [b ]hWd Z‡W$ 8WdZWi Z[ fk[Xbe" [b[YY_ÂŒd Z[ h[_dW" fh[]ÂŒd Z[ Ă’[ijWi" Yecf[# j[dY_Wi Z[fehj_lWi" bei jhWZ_Y_edW# b[i jehei Z[ fk[Xbe o bW c_iW Z[ Ă’d Z[ Ă’[ijWi" ied bei WYjei c|i h[b[# lWdj[i" ZedZ[ f[hiedWi Z[ jeZWi fWhj[i Z[b fW‡i" Z_i\hkjWd [d dk[# l[ Z‡Wi Z[ Y[b[XhWY_ÂŒd$ CÂŒd_YW Ikf[" Yh[o[dj[" ieij_[# d[ gk[ bW Ă’[ijW Z[ IWd ?i_Zhe ^W# XbW Z[ bW h_gk[pW YkbjkhWb gk[ YWZW fk[Xbe j_[d[ feh c|i f[gk[‹e gk[ [ij[ i[W o Wb fWiWh Z[ bei W‹ei" i[ ^WY[ c|i c[cehWXb[$ Fh_c_j_le I|dY^[p" fh[i_Z[dj[ Z[b 9ec_jƒ Z[ <_[ijWi" Wi[]khÂŒ gk[ [ijW Ă’[ijW i[ ^W _dYh[c[djWZe Yed [b fWie Z[ bei W‹ei" feh be gk[ iki eh]Wd_pWY_ÂŒd [i c|i Yedi_ij[dj[" e\h[Y_[dZe Wb l_i_jWdj[ WYjei Z[ l[hZWZ[hW YkbjkhW o jhWZ_Y_ÂŒd$ BW bWXeh ieY_Wb i[h| fWhj[ Z[
[ijW dk[lW Y[b[XhWY_ÂŒd" fk[i bei eh]Wd_pWZeh[i ^Wd fbWd_\_YWZe kdW h_\W" ZedZ[ bei fh[c_ei i[h|d ZedWZei feh bW [cfh[iW fh_lWZW o bei \edZei i[h|d Z[ij_dWZei fWhW bei ]hkfei c|i lkbd[hWXb[i Z[ bWi Z_ij_djWi Yeckd_ZWZ[i Z[ bW fW# hhegk_W$
Ĺ?Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ä Äˆ Ĺ‡ĹŠÄ’ÄŒÄ?ÄŠÄ?
# ! #% ,#
ĹŠ 1.%1 , ĹŠ"#ĹŠÄƒ#23 2
đŊ"#Ŋ#-#1.
ĹĄÄˆÄŒĹŠÄ–Ä‡Ä‡ĹŠ 1#%¢-ĹŠ"#ĹŠÄƒ#23 2ĹŠ ťĉćĖććŊ +#!!(¢-ĹŠ8ĹŠ!.1.- !(¢-ĹŠ"#ĹŠ+ ĹŠ1#(- ĹŠ ĸ! -!' 2ĹŠ,ĂŒ+3(/+#2Äš
+ # ( ' $'
Ä’ĹŠ"#ĹŠ#-#1.
'*- $
!
$*#
ĹĄÄˆÄ‡Ä–Ä‡Ä‡ĹŠ (-! - ĹŠ 43.,.5(+~23(! Ŋĸ!(1!4(3.ĹŠ "#ĹŠ+ ĹŠ/ 11.04( Äš
ÄˆÄŽĹŠ"#ĹŠ#-#1.
ĹĄÄˆÄŠÄ–Ä‡Ä‡ĹŠ 1 3¢-ĹŠ! -(- ĹŠ#ĹŠ(- 4%41 !(¢-ĹŠ"#ĹŠ + ĹŠ$#1( ĹŠ %1~!.+ ĹŠ ĹĄÄˆÄŒÄ–Ä‡Ä‡ĹŠ ĹŠ -!4#-31.ĹŠ"#ĹŠ #23(5 +ĹŠ -"(-.ĹŠ ĸ! -!' 2ĹŠ"#ĹŠ42.ĹŠ,ĂŒ+3(/+#Äš
ĈÄ?ĹŠ"#ĹŠ#-#1.
ĹĄÄ‰ÄˆÄ–Ä‡Ä‡ĹŠ 1#2#-3 !(¢-ĹŠ"#+ĹŠ31~.ĹŠ .+.-( + ťĉĉĖććŊ -2 , +#ĹŠ"#ĹŠ -" 2ĹŠ8ĹŠ)4#%.2ĹŠ /(1.3_!-(!.2Ŋĸ/ 104#ĹŠ!#-31 +Ěē
' $ $(0 ''1#
* ( !+ '
.!+ '$ * # 2$
( $#) !+$
% *!)*' $ '#$ '$+ # !
$#( '+ )$' $
ēŊ .-Ŋ$#Ŋ+.2Ŋ!1#8#-3#2Ŋ % 2 ) -Ŋ Ŋ24Ŋ/ 31.-.Ŋ -Ŋ 2("1.Ŋ 1 ".1Ŋ/.1Ŋ+.2Ŋ$ 5.1#2Ŋ1#!( (".2Ŋ#-Ŋ (! ('4 ē
*( * *#
! () * $
''$ '1 (
%
#() )*)$ * , &* !
# "1# ' * $
$! $ #
+
' ! ' !$ " $' ' $') ' () *%3# &* ( %* ! '/ # ' $ $' () ! !*# ( # '$ , %$( ) '!$ # ! /# $' * # ! % ' 3 $ "/( %* ' (* +$) 3# )' +0( ! $'' $ ! )'3# $ # '#% ! '# #% #! $ !
") &$( * #% #!
!,# /&.), -Ĺ‹ Ĺ‹ . . Ĺ‹- Ĺ‹, /* , (Ĺ‹
Ä Ä‰
.2Ŋ2#, 1~.2Ŋ2#Ŋ1#!4/#1 -Ŋ"#Ŋ Ŋ/.!.Ŋ +4#%.Ŋ"#+Ŋ +45(¢-Ŋ.!411(".Ŋ#-Ŋ#+Ŋ,#2Ŋ"#Ŋ -.5(#, 1#Ŋ"#+Ŋ  .Ŋ/ 2 ".ē
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
:[ifkƒi Z[b Z[iWijh[ dWjkhWb eYkhh_Ze [d del_[cXh[" W WYkiW Z[ kd Wbkl_ÂŒd gk[ ĂˆXWhh_eÉ Yed bei i[cXh‡ei Z[ FWjWj[" bei W]h_# Ykbjeh[i ^Wd Z[Y_Z_Ze [cfh[d#
Z[h ik h[Ykf[hWY_ÂŒd$ 7kdgk[ bWi Yei[Y^Wi [d ik cWoeh‡W i[ f[hZ_[hed" Yed [i# \k[hpe o iWYh_Ă’Y_e ^Wd be]hWZe b[lWdjWh dk[lei i[cXh‡ei" i_d [cXWh]e ik [ijWZe [YedÂŒc_Ye de [i [b c[`eh$ Bei fhƒijWcei o bW WokZW Z[ f[hiedWi YWh_jWj_lWi \k[hed kd h[ifWbZe fWhW bei fheZkYjeh[i" f[he iki Z[kZWi i[ WYh[Y[djW# hed o [iW [i ik cWoeh fh[eYk# fWY_ÂŒd$ IeXh[ bWi f[hiedWi gk[ \k[# hed [lWYkWZWi Z[ bWi pedWi Z[ h_[i]e" W‘d l_l[d Yed iki \Wc_# b_Wi [if[hWdZe gk[ bei [ijkZ_ei h[Wb_pWZei feh bWi Wkjeh_ZWZ[i YWdjedWb[i o Z[ =eX_[hde" Ykb# c_d[d fWhW YedjWh Yed bWi YWiWi gk[ b[i e\h[Y_[hed$ 7i‡ jWcX_ƒd" bei W\[YjWZei ^Wd h[Y_X_Ze bW ][d[hei_ZWZ Z[ bW h[_dW Z[b YWdjÂŒd" gk_[d feh c[Z_e Z[ kd W]WiW`e ^_pe bb[]Wh kd fh[i[dj[ fWhW fWb_Wh [d Wb]e ik Z[b_YWZW i_jkWY_ÂŒd$ FWhW [ij[ W‹e [b Ckd_Y_f_e Z[ FWjWj[ o ejhWi [dj_ZWZ[i Z[X[# h|d fh[i[djWh kd fbWd Z[ jhWXW`e fWhW YWcX_Wh bW ^_ijeh_W Z[ bWi f[hiedWi gk[ l_l[d [d h_[i]e feh [l[djei dWjkhWb[i Z[ [ij[ j_fe$ Bei W\[YjWZei [if[hWd gk[ i[ jec[d bWi c[Z_ZWi gk[ i[Wd d[Y[iWh_Wi fWhW gk[" [d YWie Z[ ejhe Z[iWijh[ Yece [b eYkhh_Ze [b W‹e fWiWZe" bW h[WYj_lWY_ÂŒd i[W _dc[Z_WjW" Wi‡ Yece bW WokZW gk[ [djh[]k[d bWi Wkjeh_ZWZ[i" de iebe ]kX[hdWc[djWb[i" i_de jWcX_ƒd Z[b YWX_bZe beYWb$
=7D7:EH;I 97J;=EHĂž7 <79>7:7I
Ĺ? Ä…Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ? Ĺ?
ēŊ + "82ĹŠ 2!.ĹŠ)4-3.ĹŠ!.-ĹŠ24ĹŠ$ ,(+( ĹŠ ".1- 1.-ĹŠ, %-~ă! ,#-3#ĹŠ#23 ĹŠ! 2 ĔŊ04#ĹŠ#23;ĹŠ4 (! " ĹŠ #-ĹŠ+ ĹŠ! ++#ĹŠ ĹŠ #+(!( ĹŠ8ĹŠ 5#-(" ĹŠ .2ĹŠ /4+~#2ĔŊ#-ĹŠ (!. Ä“
Ä ÄŠ
ēŊ Ŋ! 2 Ŋ"#Ŋ .1%#Ŋ . +., .Ŋ#-Ŋ+ Ŋ!(4" "#+ Ŋ 2/  Ŋ#23;Ŋ ".1- " Ŋ"#Ŋ,(+#2Ŋ"#Ŋ+4!#2Ŋ04#Ŋ (+4,(- -Ŋ24Ŋ 11(.Ŋ8Ŋ+ Ŋ#2/#1 -9 Ŋ#-Ŋ 5(" "ē
Ĺ‹ Ĺ‹ Ĺ‹ Ĺ‹ Ĺ‹
Ŋ(, %(- !(¢-Ŋ"#Ŋ+.2Ŋ/ 13(!(/ -3#2Ŋ"#+Ŋ !.-!412.Ŋļ (4" "Ŋ"#Ŋ 4!#2Ŋ8Ŋ .+.1#2ČŊ1#Ĺ 2¢Ŋ+ 2Ŋ#7/#!3 3(5 2Ŋ"#Ŋ+ Ŋ!(4" " -~ ē Gk_d[i YedYkhiWhed [d [ijW YedleYWjeh_W eh]Wd_pWZW feh Z_Wh_e BW >ehW o bWi hWZ_ei HkcXW" HecWdY[ o 9edj_d[d# jWb" ceijhWhed be c[`eh Z[ ik
_cW]_dWY_ÂŒd" o [bWXehWhed ^[h# ceiWi Z[YehWY_ed[i Z[ \WY^W# ZWi o f[i[Xh[i" gk[ W^ehW j_[# d[d [b fh[c_e W ik Z[Z_YWY_ÂŒd$ ;d bW l_i_jW gk[ kdW Yec_#
i_ÂŒd Z[ bWi [dj_ZWZ[i eh]Wd_pW# ZehWi h[Wb_pÂŒ bW deY^[ Z[b (. Z[ Z_Y_[cXh[" i[ fkZe [l_Z[dY_Wh bW Yh[Wj_l_ZWZ o [b [cf[‹e gk[ YWZW \Wc_b_W ^W fk[ije fWhW Yecf[j_h$ 9WX[ h[YWbYWh gk[ jeZei bei fWhj_Y_fWdj[i [ijkl_[hed WZ# c_hWXb[i [d ik fWhj_Y_fWY_ÂŒd" ^kXe kdW _dĂ’d_ZWZ Z[ cWj[h_W# b[i kj_b_pWZei fWhW Z[YehWh bei
=7D7:EH;I 97J;=EHĂž7 @7H:?D;I
ēŊ - Ŋ .11# Ŋ(--.5 Ŋ! " Ŋ  .Ŋ+.2Ŋ#+#,#-3.2Ŋ"#Ŋ+ Ŋ 5(" "Ŋ"#Ŋ24Ŋ) 1"~-ĔŊ#2Ŋ 4-.Ŋ"#Ŋ+.2Ŋ,;2Ŋ++ , 3(5.2Ŋ"#+Ŋ!#-31.Ŋ"#Ŋ , 3.ēŊ 23;Ŋ#-Ŋ+ Ŋ #5 ++.2Ŋ8Ŋ 2 )#Ŋ ."¢ē
Â&#x; ēŊ #"1.ĹŠ 4#5 1 ĹŠ!.-2(%4(¢Ŋ(+4,(- 1ĹŠ#+ĹŠ 11(.ĹŠ #++ 5(23 ĹŠ! " ĹŠ-.!'#ĹŠ!.-ĹŠ242ĹŠ ;1 .+#2ĹŠ"#ĹŠ 5(" "ĹŠ1# +#2ĔŊ!.-3(#-#-ĹŠ,(+#2ĹŠ"#ĹŠ$.04(3.2ĹŠ"#ĹŠ!.+.1#2Ä“
|hXeb[i Z[ dWl_ZWZ" \WY^WZWi o Y_Wb Z[ bbWcWh bW Wj[dY_ÂŒd Z[ f[i[Xh[i" gk[ \k[hed i[diWY_e# gk_[d[i bei Wfh[Y_Whed$ BW fh[c_WY_ÂŒd fWhW bei dWb[i [ _dYh[‡Xb[i$ jh_kd\WZeh[i Z[ bei YedYkhiei Ăˆ9_kZWZ Z[ bkY[i o Yebeh[iÉ o 1#,(.ĹŠ +ĹŠ#2$4#19. >Wo jh[i YWj[]eh‡Wi o Zei ]W# ĂˆC[`eh j[ijWc[djeÉ" i[ h[Wb_pW# dWZeh[i feh YWZW kdW Z[ [bbWi0 h| [b l_[hd[i - Z[ [d[he W bWi <WY^WZWi" @WhZ_d[i o 7hh[]be '-0&&" [d bWi _dijWbWY_ed[i Z[ DWl_Z[‹e" [d bei gk[ i[ ^W YW# Z_Wh_e BW >ehW" YWbb[i Gk_je o b_Ă’YWZe bW YWb_ZWZ Z[b WZehde" 8eb‡lWh" jeZei [ij|d _dl_jWZei W \ehcW" Yebeh_Ze o \ehcW [if[# [ij[ cW]de [l[dje$
=7D7:EH;I 97J;=EHĂž7 7HH;=BEI D7L?:;yEI
^ ēŊ #!(+( Ŋ + 9 1Ŋ% -¢Ŋ#+Ŋ/1#,(.Ŋ/.1Ŋ24Ŋ/ !(#-!( Ŋ#-Ŋ"#!.1 1Ŋ#23#Ŋ/#2# 1#Ŋ#-Ŋ,(-( 341 ĔŊ!.-3(#-#Ŋ,;2Ŋ "#Ŋ!(-!.Ŋ,(+Ŋ#+#,#-3.2Ŋ"($#1#-3#2Ŋ#-Ŋ (!. ēŊ
ēŊ +Ŋ/#2# 1#Ŋ'#!'.Ŋ/.1Ŋ /.+#¢-Ŋ 5 2Ŋ3(#-#Ŋ#+#,#-3.2Ŋ$ 1(! ".2Ŋ Ŋ#2! + ĔŊ4-.2Ŋ#+ .1 ".2Ŋ/.1Ŋ_+Ŋ 8Ŋ.31.2Ŋ31 ~".2Ŋ"#2"#Ŋ5 1(.2Ŋ/ ~2#2ēŊĸ!(4" "#+ Ŋ -Ŋ -3.-(.ĚēŊ
Čć! (-!+ēũ 4-%41 '4
ũũČũũ ũ ũ ũĉćĈĈ
Čćũ :
,(¢-ũ2#ũ5.+!¢ũ
ũ+ 2ũĈćĖĊćĔũ"#ũ 8#1Ĕũ4-ũ! ,(¢-ũ1#!.+#!3.1ũ"#ũ 241 ũ!.-"4!(".ũ/.1ũ #"1.ũ ;1"#- 2Ĕũ/#1"(¢ũ #+ũ!.-31.+ũ8ũ2#ũ5.+!¢ũ#-ũ#+ũ 11(.ũ -ũ 4 -ũ 1ı ".ũ -3.ũ"#ũ+ ũ/ 11.04( ũ -ũ -"1_2ũ"#ũ ~++ ı 1.Ĕũ+.2ũ ., #1.2ũ1#2! 3 1.-ũ +ũ!.-"4!3.1ũ04#ũ 04#"¢ũ 31 / ".ũ#-31#ũ+.2ũăũ#11.2ũ"#+ũ5#'~!4+.ē
ũ ũ ũ ũ ũ
* 1ũ +ũĥ1.).ũ5(5.Ħ
(-9ũ% - ũ+ ũ2#%4-" ũ#3 / ũ8ũ2(%4#ũ+~"#1ũ #-ũ+ ũ!+ 2(ăũ! !(¢-ũ%#-#1 +ēũ -ũ+ ũ3#1!#1 ũ #3 / Ĕũ#+ũ * 1ũĉćĈĈũ2(%4#ũ#2! + -".ũ' !( ũ #+ũ-.13#ũ"#ũ 1%#-3(- ũ8ũ++#% 1;ũ ũ 4)48ēũ : ũ ĈĎ
#ũ#231#++¢ũ !.-31 ũ4-ũ /.23#
#) 1~ ũ#+ũ!(-#ũũũũ
ũ.2! 1(9 " ũ !31(9ũ ++#ũ #118ũ -4-!(¢ũ04#ũ/."1~ ũ "#) 1ũ24ũ! 11#1 ũ 13~23(! ũ / 1 ũ!1( 1ũ ũ24ũ'() ēũ : ũ Ĉć
ũ + 2ũ ĈďĖććũ "#ũ 8#1Ĕũ #+ũ 42ũ !.-ũ/+ ! ũ ıĈĊďĉũ!.-"4ı !(".ũ/.1ũ +.ũ (-(%4 -.Ĕũ2#ũ (,/ !3¢ũ!.-31 ũ+ ũ! ,(.-#3 ũ !.-ũ/+ ! ũ ıĒĎďĒĔũ"#ũ .1%#ũ -3.) Ĕũ 04#ũ #23 ũ #23 ı !(.- " ũ#-ũ+ ũ5~ ũ ũ (-++.ēũ +ũ '#!'.ũ' 1~ ũ.!411(".ũ!4 -ı ".ũ#+ũ!'.$#1ũ"#+ũ 42ũ#204(5¢Ĕũ /.1ũ-.ũ 31./#++ 1Ĕũ ũ4- ũ-( ũ 04#ũ!149 ũ+ ũ! +9 " ē
"6(-ũ 2"1Ì +ũ 4%!' Ĕũ"#ũĉćũ .2Ĕũ,41(¢ũ/.1ũ 5 1( 2ũ/4 + " 2ũ#-ũ#+ũ/#!'.Ĕũ04#ũ/1#24-3 ı ,#-3#ũ+#ũ/1./(- 1 ũ .+~5 1ũ +#7 -"#1ũ Ĕũ"#ũĈĐũ .2Ĕũ04(#-ũ$4#ũ! /341 ".ũ'.1 2ũ ũ+ 2ũćđĖĊćũ"#ũ 8#1ēũ +ũ2 -%1(#-3.ũ24!#2.ũ$4#ũ#-ũ#+ũ2#!3.1ũ"#ũ ĥ 2ũ ) 2ĦĔũ"#ũ+ ũ!.,4-(" "ũ -% %4 - ũ ).ũ"#ũ -3 ũ .2 ēũ ũ, "1#ũ#23;ũ"#2!.-2.+ " ũ/.1ũ+ ũ ,4#13#ũ"#ũ24ũ'().ēũ : ũ ĈĊ