(/Ŋ#!.+¢%(!.
ēŊ Ŋ 1#4-(¢-Ŋ04#Ŋ2#Ŋ" 1;Ŋ #+Ŋ/1¢7(,.Ŋ,#2Ŋ #-Ŋ 1 2(+Ŋ3#-"1;Ŋ 5 1(.2Ŋ!1(3#1(.2Ŋ"#Ŋ + 2Ŋ- !(.-#2ĔŊ/#1.Ŋ 2 +5 1Ŋ+ Ŋ (#11 Ŋ#2Ŋ+.Ŋ /1(.1(3 1(.ēŊ
) 1Ŋ+ Ŋ3#,/#1 341 Ŋ"#Ŋ4-Ŋ! +#$ !3.1Ŋ #5(3 Ŋ#,(3(1ŊĊććŊ*%Ŋ"#Ŋ"(¢7(".Ŋ"#Ŋ! 1Ĺ .-.Ŋ/.1Ŋ! " Ŋ! 2 Ŋ"41 -3#Ŋ4-Ŋ  .ē
-* ˜ Ĺ‹& Ĺ‹ */ -. Ĺ‹ Ĺ‹ /' , Ĺ‹ Ĺ‹ v)ĹƒĂźĂşĹ‹ .% -ĹŠ/.1ĹŠ!.-!(#-!( 1ĹŠ ĹŠ+ ĹŠ2.!(#Äą " "ĹŠ8ĹŠ/.1ĹŠ+ ĹŠ#!.-.,~ ĹŠ/ 1 ĹŠ#+ĹŠ,#"(.ĹŠ , (#-3#ĔŊ#-31#ĹŠ.31.2ĹŠ/4-3.2ēŊ fW‹eb WXe]ÂŒ Wo[h feh WbYWdpWh [d bW fhÂŒn_cW 9kcXh[ H‡e!(&" gk[ i[ h[Wb_pWh| [b fhÂŒn_ce `k# d_e" kd ZeYkc[dje Æfh[Y_ieÇ Yed Yecfhec_iei _dj[hdWY_e# dWb[i fWhW Z[ [ij[ ceZe WlWd# pWh ^WY_W [Yedec‡Wi XW`Wi [d YWhXede o [Ă’ Y_[dj[i [d [b kie Z[ bei h[Ykhiei$ 7 *) Z‡Wi Z[b [l[dje" [b j_# jkbWh [ifW‹eb Z[ 7]h_YkbjkhW" 7b_c[djWY_ÂŒd o C[Z_e 7c# X_[dj[" C_]k[b 7h_Wi 9W‹[j[" h[YbWcÂŒ bW fWhj_Y_fWY_ÂŒd WY# j_lW Z[ bW ieY_[ZWZ Y_l_b fWhW W\hedjWh bW 9ed\[h[dY_W Z[ bW EDK ieXh[ :[iWhhebbe Ieij[# d_Xb[ H‡e!(& " Yed [b Yedl[d# Y_c_[dje Z[ gk[ i[ WbYWdpWh|d fhe]h[iei [d ]eX[hdWdpW o [Yedec‡W l[hZ[$ Bei ;ijWZei Z[X[d ÆWb[d# jWhÇ bW fWhj_Y_fWY_ÂŒd Z[ bW ie# Y_[ZWZ" fehgk[ [i kdW Æ[n_][d# Y_W Z[ceYh|j_YWÇ gk[ cWhYWh| o fhef_Y_Wh| [b WY_[hje Z[ bWi Z[Y_i_ed[i gk[ i[ WZefj[d [d bW h[kd_ÂŒd" [nfb_YÂŒ 7h_Wi 9W# ‹[j[ ZkhWdj[ bW _dWk]khWY_ÂŒd Z[ bW `ehdWZW Ăˆ;ifW‹W YWc_de W H‡e!(&$ ;dYk[djhe Z[ bW Ie# Y_[ZWZ 9_l_bÉ$ ÆBW ieY_[ZWZ Y_l_b j_[d[ kd fWf[b YWZW l[p cWoeh o c|i _d\ehcWZe Yece YWjWb_pWZeh Z[ bei fheY[iei _dj[hdWY_edWb[i" YedZ_Y_ÂŒd _cfh[iY_dZ_Xb[ fWhW be]hWh eX`[j_lei WcX_Y_eieiÇ" Yec[djÂŒ [b [if[Y_Wb_ijW$
g ĀĊĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. ÄŒĹ?
ÄŠ
( ,!v ŋ ŋ* ,+/ ŋ-)& ,ŋ * , ŋ* v- -ŋ ŋ& ŋ ĔŊŊĸ ĚŊěŊ I[hX_W fheo[Y#
ĔŊĸ ĚŊě ;b =eX_[hde [i#
hkjW gk[ _dYbkoW Yecfhec_iei _dj[hdWY_edWb[i fWhW WbYWdpWh [Yedec‡Wi XW`Wi [d YWhXede o [Ă’ Y_[dj[i [d [b kie Z[ bei h[# Ykhiei" WZ[c|i Z[ WYk[hZei [d |h[Wi fh_eh_jWh_Wi Yece bW ][i# j_ÂŒd ieij[d_Xb[ Z[ [Yei_ij[cWi" eYƒWdei" W]kWi o [b kie [Ă’ Y_[d# j[ Z[ h[Ykhiei$ ;ijei ied bei fkdjei" W‹W# Z_ÂŒ" ZedZ[ Z[X[d Yedl[h][h bWi W][dZWi Z[ Yh[Y_c_[dje Z[ fhej[YY_ÂŒd c[Z_eWcX_[djWb Z[ bW Kd_ÂŒd ;khef[W" Yed Z[ij_# de W kdW [Yedec‡W l[hZ[ gk[ jhWdi_j[ ^WY_W bW ieij[d_X_b_ZWZ" j[d_[dZe i_[cfh[ [d Yk[djW bWi fWhj_YkbWh_ZWZ[i Z[ YWZW fW‡i$ ÆBW 9kcXh[ H‡e!(& i[h# l_h| fWhW Z[XWj_h [b j_fe Z[ ieY_[ZWZ [d bW gk[ gk[h[cei l_l_hÇ" WĂ’ hcÂŒ$
i[ ki[ Yece Wh]kc[dje ÆbW fh[# YWh_W i_jkWY_ÂŒd Ă’ dWdY_[hWÇ fWhW de fhe]h[iWh [d bei fheY[iei Z[ Z[iWhhebbe ieij[d_Xb[ o WXe]W feh gk[ [b =eX_[hde Z[ ;ifW‹W [ijƒ h[fh[i[djWZe [d bW 9ed\[# h[dY_W Z[ H‡e!(& Wb cWoeh d_l[b _dij_jkY_edWb$
jW Yedijhk_h kd FWhgk[ iebWh Z[ kdW fej[dY_W Z[ '$&&& c[]W# lWj_ei feh lWbeh Z[ kdei ($&&& c_bbed[i Z[ [khei fWhW [nfehjWh [d[h]‡W W bW Kd_ÂŒd ;khef[W K; " i[]‘d YedĂ’ hcÂŒ Wo[h [d 8[b]hWZe [b c_d_ijhe i[hX_e Z[ C[Z_eWc# X_[dj[" Eb_l[h :kb_Y$ JhWi \_hcWhi[ [ij[ cWhj[i kdW YWhjW Z[ _dj[dY_ed[i Yed bW YecfW‹‡W bkn[cXkh]k[iW Z[ _dl[hi_ed[i I[Ykhkc ;gk_jo FWhjd[hi ;khef[" [b fbWd fh[lƒ gk[ bW YedijhkYY_ÂŒd Z[b FWhgk[" ieXh[ kdW ikf[hĂ’ Y_[ Z[ )$&&& ^[Yj|h[Wi" ZkhWh| [djh[ jh[i o Y_dYe W‹ei$ I[]‘d [b c_d_ijhe" I[hX_W Y[# Z[h‡W [b j[hh[de ]hWj_i feh kd f[h‡eZe Z[ (+ W‹ei o de j[dZh‡W Yecfhec_iei Ă’ dWdY_[hei [d bW _dl[hi_ÂŒd" gk[ i[ YWbYkbW [d kdei ($&&& c_bbed[i Z[ [khei$ BW eXhW Z[X[h| fhefehY_e#
dWh dk[lei fk[ijei Z[ jhWXW`e o [d bei fhŒn_cei (& W‹ei kd _d]h[ie Z[ jWiWi Z[ kdei -+& c_bbed[i Z[ [khei$
-ĹŠ+4% 1ĹŠ/1./(!(.ĹŠ
BW [d[h]‡W [bƒYjh_YW fheZkY_ZW [d [b FWhgk[ iebWh i[h‡W fWhW bW [nfehjWY_Œd W fW‡i[i Z[ bW Kd_Œd ;khef[W$ De eXijWdj[" W‘d de i[ ^W Z[# j[hc_dWZe" [d i‡" [b bk]Wh Z[ Z[i# j_de" h[YedeY_Œ [b h[fh[i[djWdj[ Z[ I[Ykhkc ;gk_jo FWhjd[hi ;khef[" ?lWd CWj[`Wa" gk_[d _d# Z_YŒ gk[ bW YecfW‹‡W efjŒ feh I[hX_W fehgk[ j_[d[ ]hWd YWdj_# ZWZ Z[ _diebWY_Œd" kd *& c|i gk[ bW h[]_ijhWZW [d ejhWi dWY_e# d[i Y[djhe[khef[Wi$ BWi Wkjeh_ZWZ[i i[hX_Wi [i# f[hWd gk[ ]hWY_Wi W [ijW _dl[h# i_Œd Wb]kdei fheZkYjeh[i Z[ fWd[b[i iebWh[i jhWibWZ[d ik fheZkYY_Œd W I[hX_W$
#-2 1Ŋ#-Ŋ#+Ŋ$.-".Ŋ#!.+¢%(!.Ŋ
;b EXi[hlWjeh_e Z[ bW Ieij[# d_X_b_ZWZ [d ;ifW‹W EI; fh[i[djÂŒ Wo[h bW cede]hW\‡W ĂˆH[jei fWhW bW Ieij[d_X_b_ZWZ YWc_de W H‡e!(&É" Yed [b Ă’ d Z[ Yedjh_Xk_h W [b[lWh [b d_# l[b Z[ Z[XWj[ [d ;ifW‹W fWhW Yh[Wh kd f[diWc_[dje c|i Yh‡j_Ye$ Æ>WY[ \WbjW [djhWh W \edZe [d be gk[ i_]d_Ă’ YW bW [Yedec‡W l[hZ[ fWhW YWcX_Wh [b ceZ[be fheZkYj_le" ^WY[h bW [Yedec‡W c|i Yecf[j_j_lW" c|i [Ye#[Ă’ # Y_[dj[ o gk[ dei bb[l[ W \ehjW# b[Y[h [i[ Z[iWhhebbe ieij[d_Xb[ Wb gk[ jeZe [b ckdZe Wif_hWÇ" i[‹WbÂŒ [b Z_h[Yjeh [`[Ykj_le Z[ 1(.1(" "#2ĹŠ ;d ef_d_ÂŒd Z[ 7h_Wi 9W‹[j[" bW EI;" Bk_i @_cƒd[p >[hh[he$ ;b EXi[hlWjeh_e f_Z[ gk[ de H‡e!(& Z[X[ j[d[h kdW ^e`W Z[
-3#!#"#-3#2Ŋ ŗŊŊ Ŋ .-$#1#-!( Ŋ"#Ŋ+ 2Ŋ !(.-#2Ŋ -(" 2Ŋ2. 1#Ŋ#+Ŋ #2 11.++.Ŋ .23#-( +#Ŋ ĸ ~.śĉćĚŊ2#Ŋ!#+# 1 1;Ŋ"#+ŊĉćŊ +ŊĉĉŊ"#Ŋ)4-(.Ŋ/1¢7(,.2Ŋ#-Ŋ ~.Ŋ"#Ŋ -#(1.Ŋ/ 1 Ŋ
!.-,#,.1 1ĹŠ#+ŊĉćŊ -(5#12 1(.ĹŠ"#ĹŠ+ ĹŠ/1(,#1 ĹŠ1#4-(¢-ĹŠ"#ĹŠ+ ĹŠ ĹŠ2. 1#ĹŠ #"(.ĹŠ , (#-3#ĹŠ04#ĹŠ345.ĹŠ+4% 1ĹŠ#-ĹŠÄˆÄ’Ä’Ä‰ĹŠÄ¸ 4, 1#ĹŠ"#ĹŠ+ ĹŠ (#11 Ěē .(-!("#ĔŊ "#,;2ĔŊ!.-ĹŠ#+ĹŠ"_!(,.ĹŠ -(5#12 1(.ĹŠ"#ĹŠ+ ĹŠ 4, 1#ĹŠ 4-"( +ĹŠ 2. 1#ĹŠ#+ĹŠ #2 11.++.ĹŠ .23#-( +#ĹŠ!#+# 1 " ĹŠ#-ŊĉććĉŊ#-ĹŠ .' --#2 41%.Ä“