ČĎ! (-!+Ä“ĹŠ 2,#1 +" 2
ĞŊ}Ä?
ŊĉđŊŊ ĹŠĹŠÄ‰Ä‡ÄˆÄ‡
( # (. 0#-#.Ĺ‹ #(#-., BW c_d_ijhW Z[ JhWdifehj[ o EXhWiF‘Xb_YWi"CWh‡WZ[beiĂ›d# ][b[i:kWhj["deb[XWijWiWX[h[b WlWdY[Z[eXhWi[dbWfhel_dY_W [dfWf[b[i"fk[i"iWbZh|Z[ik[i# Yh_jeh_e[bfhÂŒn_ce'&Z[Z_Y_[c# Xh[fWhWl[d_hW;ic[hWbZWi$ Ikl_i_jW[ijWXWfh[l_ijWfWhW [bl_[hd[iWdj[h_ehfWhWl[h_Ă’YWh beijhWXW`eiZ[bWh[Zl_Wbfh_dY_# fWb"Wi‡Yece[bWlWdY[Z[bWi\Wb# jWZeZ[bYWdjÂŒd7jWYWc[i$ ;%(- ĉ
.,(2(¢-Ŋ"#Ŋ+ Ŋ#1" " 2.!( +(9 Ŋ24Ŋ(-$.1,# ¥ēŊ234"( -3#2Ŋ4-(5#12(3 1(.2Ŋ8Ŋ 43.1(" "#2Ŋ"#Ŋ+ 2Ŋ$ !4+3 "#2Ŋ"#+Ŋ+, Ŋ ;3#1Ŋ+.! +Ŋ 2(23(#1.-Ŋ Ŋ+ Ŋ/1#2#-3 !(¢-Ŋ"#+Ŋ5~"#.ē
.2ĹŠ(-3#%1 -3#2ĹŠ !1##-ĹŠ04#ĹŠ!.-ĹŠ+ ĹŠ "($42(¢-ĹŠ2#ĹŠ+.%1 1;ĹŠ ' !#1ĹŠ!.-!(#-!( ĹŠ 2. 1#ĹŠ3.1341 2Ä“ Bei _dj[]hWdj[i Z[b 9ec_jƒ ;YkWjeh_Wde9edjhWbW?cfkd_# ZWZj_[d[dfk[ijWiiki[if[hWd# pWi[dbWKd_ZWZ;if[Y_Wb_pWZW Z[:[b_jeiZ[B[iW>kcWd_ZWZ Z[bW<_iYWb‡W$ 8kiYWdgk[i[iWdY_ed[o`kZ_# Y_Wb_Y[WbeiYWkiWdj[iZ[beiYWiei Z[l_ebWY_ÂŒdZ[beiZ[h[Y^ei^k#
4 #1~ ĹŠ" Â " ĹŠ"#) 2(-ĹŠ %4 ĹŠ ĹŠ , 1.-#2
.1ĹŠ+ ĹŠ$ +3 ĹŠ"#ĹŠ %4 ĹŠ/.3 +#ĹŠ "#2"#ĹŠ' !#ĹŠ4-ĹŠ,#2ĹŠ+ ĹŠ/. + Äą !(¢-ĹŠ"#ĹŠ , 1.-#2ĹŠ"#+ĹŠ! -3¢-ĹŠ 2,#1 +" 2ĔŊ' ĹŠ ,#- 9 ".ĹŠ!.-ĹŠ !#11 1ĹŠ+ ĹŠ5~ ĹŠ/ 1 ĹŠ04#ĹŠ+ 2ĹŠ 43.1(" Äą "#2ĹŠ2.+4!(.-#-ĹŠ#+ĹŠ"  .Ä“ 23#ĹŠ/1. +#, ĹŠ241%#ĹŠ/.1ĹŠ+ ĹŠ1#,.Äą !(¢-ĹŠ"#ĹŠ3(#11 ĹŠ/ 1 ĹŠ+ ĹŠ ,/+( !(¢-ĹŠ "#ĹŠ+ ĹŠ! 11#3#1 ĔŊ!48 2ĹŠ,;04(- 2ĹŠ "#23148#1.-ĹŠ+ ĹŠ34 #1~ ĹŠ"#ĹŠÄ?ÄŠĹŠ,(+~Äą ,#31.2ĔŊ"#) -".ĹŠ2(-ĹŠ %4 ĹŠ/.3 +#ĹŠ ĹŠ+ ĹŠ/. + !(¢-ĹŠ"#ĹŠ , 1.-#2Ä“
cWdeih[]_ijhWZei[d[b_d\ehc[ Z[bW9ec_i_ÂŒdZ[bWL[hZWZ[djh[ '/.*o(&&.$ ;bfhedkdY_Wc_[djebe^_pe[b 9ec_jƒ 9edjhW bW ?cfkd_ZWZ" [b ‘bj_ce `k[l[i" [d [b WkZ_jÂŒh_kc Z[bW<WYkbjWZZ[7Zc_d_ijhWY_ÂŒd Z[ bW Kd_l[hi_ZWZ JƒYd_YW ĂˆBk_i LWh]WiJehh[iÉ"ZedZ[[ijkl_[hed fWhWZ_\kdZ_hkdZeYkc[djWbZ[ Zei^ehWiZ[ZkhWY_ÂŒdYedj[ij_# ced_eiZ[beiYWiei$ -5(3 !(.-#2ĹŠ.ÄƒĹŠ!( +#2 ;bWYje\k[eh]Wd_pWZefeh[bC_# d_ij[h_e Z[ @kij_Y_W [d YeehZ_dW# Y_ÂŒdYed[b9eb[Yj_leZ[Fhe\[i_e# dWb[io<h[dj[Z[@kl[djkZ[iZ[ 7b_WdpW F7?I gk[ bei fh[i_Z[d
Ă›b[n;ijkf_‹|dCeh[deo7dje# d[bbWJ[bbeL[h]WhW$ ;bĂ’iYWb][d[hWbZ[bWDWY_ÂŒd" MWi^_d]jedF[i|dj[pCk‹ep"[b Wdj[h_eh `k[l[i fh[i[djÂŒ eĂ’Y_Wb# c[dj[WbeiĂ’iYWb[iZ[bWKd_ZWZ Z[:[b_jeiZ[B[iW>kcWd_ZWZ[ _dWk]khÂŒbW_d\hW[ijhkYjkhWZedZ[ bWXehWh|d$ 9h_ij^_Wd8W^WcedZ[=WbWhpW" i[Yh[jWh_e[`[Ykj_leZ[bW9ec_i_ÂŒd Z[bWL[hZWZ"Z_`egk[bei''.YWiei _dl[ij_]WZeifehbW9ec_i_ÂŒdoW \k[hed[djh[]WZeiWbW<_iYWb‡Wo Z[f[dZ[Z[beiĂ’iYWb[i_d_Y_WhbWi WYY_ed[iYehh[ifedZ_[dj[i$ 4#ĹŠ-.ĹŠ2#ĹŠ1#/(3 Æ;ij[ZeYkc[djWb[ij|i_[dZeie#
Y_Wb_pWZe [d [b fW‡i fWhW gk[ de lk[blWd W eYkhh_h ]hWl[i l_ebW# Y_ed[iWbeiZ[h[Y^ei^kcWdeiÇ" Z_`e C_h[oW 9|hZ[dWi >[h[Z_W" YeehZ_dWZehWZ[b9ec_jƒ9edjhW bW?cfkd_ZWZ$ :khWdj['/.*o'/..i[h[]_i# jhWhed YWiei Z[ f[hi[YkY_ÂŒd o [dYWhY[bWc_[djeieXh[jeZefWhW bei c_[cXhei Z[b ]hkfe h[X[bZ[ Ăˆ7b\Whe L_l[ 9WhW`eÉ feh hWped[i feb‡j_YWi$ 9|hZ[dWi>[h[Z_WWi[]khWgk[ _d_Y_Wbc[dj[f[diWhedgk[feZ‡Wd bb[]WhWbei($&&&j[ij_ced_Wdj[i f[he iebe be]hWhed bb[]Wh W bei -&&"Wkdgk[Wif_hWdWj[d[hc|i YkWdZebW<_iYWb‡WWXhWbW[jWfWZ[ _dZW]WY_ÂŒdfh[l_W$
)( /,-) .,# /.,#)
;iYk[bWiZ[;ic[hWbZWifWhj_# Y_fWhedZ[bYedYkhie_dj[h[iYebWh Ăˆ7fh[dZ[hWjh_XkjWhÉ"eh]Wd_pWZe feh[bI[hl_Y_eZ[H[djWi?dj[hdWi" gk[j_[d[kdYedl[d_eYed[bC_d_i# j[h_eZ[;ZkYWY_ÂŒdfWhWYWfWY_jWh [dj[cWijh_XkjWh_eiW[ijkZ_Wdj[i Z[XWY^_bb[hWjeoZ[X|i_YW$ ;bWYjejklebk]Wh[d[bYeb[# ]_eĂˆIW]hWZe9ehWpÂŒdÉ[bfWiWZe l_[hd[i(,Z[del_[cXh[$JeZei eXjkl_[hed fh[c_ei Yece [ij‡# ckbeWikfWhj_Y_fWY_ÂŒd$
;%(- ĹŠÄˆÄˆ
Ä“ĹŠ ĹŠ. 1 ĹŠ#-ĹŠ3 ! ,#2ĹŠ 2#1;ĹŠ(- 4%41 " ĹŠ#+ĹŠ/1¢7(,.ĹŠÄˆÄ‡ĹŠ"#ĹŠ "(!(#, 1#ĹŠ/.1ĹŠ+ ĹŠ (-(231 Ä“
ĹŠ/1.3#%#12# 8ĹŠ"#-4-!( 1
- ĹŠ5#9ĹŠ04#ĹŠ#+ĹŠ3#, ĹŠ"#ĹŠ+ ĹŠ (-2#%41(" "ĹŠ5.+5(#1 ĹŠ ĹŠ!. 1 1ĹŠ 5(%#-!( ĹŠ#-ĹŠ#+ĹŠ! -3¢-ĹŠ/.1ĹŠ+.2ĹŠ ĂŒ+3(,.2ĹŠ'#!'.2ĹŠ"#+(!3(5.2ĔŊ!.,.ĹŠ #+ĹŠ/+ %(.ĹŠ"#ĹŠ+ ĹŠ #$ ĹŠ(- -!(#1 ĹŠ"#+ĹŠ 4-(!(/(.ĔŊ+ ĹŠ!(4" " -~ ĹŠ1#!+ , ĹŠ % 1 -3~ 2Ä“ +ĹŠ1#2/#!3.ĔŊ#+ĹŠ +! +"#ĹŠ1-#23.ĹŠ 234/( ;-ĹŠ4(-3#1.ĔŊ"().ĹŠ04#ĹŠ2(ĹŠ (#-ĹŠ#2ĹŠ!(#13.ĹŠ04#ĹŠ' 8ĹŠ04#ĹŠ3., 1ĹŠ , 8.1#2ĹŠ/1#! 4!(.-#2ĔŊ3 , (_-ĹŠ +.ĹŠ#2ĹŠ04#ĹŠ-.ĹŠ' 8ĹŠ04#ĹŠ"#) 12#ĹŠ 3#,.1(9 1ĹŠ8ĹŠ' 8ĹŠ04#ĹŠ"#-4-!( 1ĹŠ +.2ĹŠ(+~!(3.2Ä“ĹŠ
;%(- ĹŠÄŽ
ĹŠ
<ecX\[`Z`�e[\_fp[fd`e^f Z`iZlcX cX ZXik`ccX Z\ejXc# \e$ k„i\j\ Z�df [\Y\ i\jgfe[\i XcXjgi\^lekXj[\cZ\ejf[\ gfYcXZ`�epm`m`\e[X%
666Ä“+ '.1 Ä“!.,Ä“#!
Ä‚
Ä?ćć
ÂĄ "#ĹŠ5~ ĹŠ2#1;(-2/#!!(.- ".2
ÄŽ
0%!),+ (! 01. Ä Ä€Ĺ?)%*Ä‹
"#Ŋ/1.3#!!(¢-Ŋ2#Ŋ !.-23148#-Ŋ#-Ŋ+ Ŋ 2#Ŋ"#Ŋ+.2Ŋ /4#-3#2Ŋ/.1Ŋ ".-"#Ŋ/ 2 Ŋ+ Ŋ 1#"Ŋ5( +
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
/- (Ĺ‹&Ĺ‹& ! #š( Ĺ‹').)Ĺ‹.2#:_h_][dj[i Z[ jeZWi bWi Yee# f[hWj_lWiZ[cejejWn_iojWn_ cejeiZ[bWfhel_dY_WZ[;ic[# hWbZWi" i[ h[kd_[hed [b Yed [b Z_h[Yjeh Z[b 9edi[`e DWY_edWb JhWdifehj[ J[hh[ijh[" Jh|di_# je o I[]kh_ZWZ L_Wb" HeX[hje L[hW8[hc‘Z[p"fWhWW]_b_jWh[b fheY[ieZ[b[]Wb_pWY_ÂŒdZ[iki kd_ZWZ[i$ ;b fh[i_Z[dj[ dWY_edWb Z[ bei ceje jWn_i" Bk_i Ceh|d" fkieZ[cWd_Ă’[ijeik_dj[hƒi Z[gk[i[b[]Wb_Y[dbWikd_ZW# Z[ikdWl[pgk[i[^Wh[Wb_pÂŒ [bY[die[dbeiYWdjed[iZ[bW fhel_dY_W$ Kde Z[ bei fheXb[cWi [ij| [dBW9edYehZ_WZedZ[^Wo)(& cejejWn_Y[diWZWi"f[heejhWi i[gk[ZWhedi_dY[diWh"feh[ie i[[ij|WdWb_pWdZebWfWhj[b[]Wb fWhWfed[hb[ibeiij_a[hgk[[i [gk_lWb[dj[WbWfbWYW"f[hede [ij|dh[]kbWh_pWZWi$
ĉ
5( +#2Ŋ2.-Ŋ+ 2Ŋ 04#Ŋ2#Ŋ 3(#-"#-Ŋ !.-Ŋ#+Ŋ 2$ +3 ".Ŋ 8Ŋ ,/+( !(¢-Ŋ Ŋ !4 31.Ŋ! 11(+#2
1. +#, 2
JWcX_ƒd ^Wo YecfW‹‡Wi gk[ j_[d[dik[iYh_jkhWZ[Yedij_jk# Y_ÂŒd"f[hedej_[d[beil[^‡Yk# beiYece[dGk_d_dZƒ"ZedZ[ [ij| bW Yeef[hWj_lW ĂˆHeiW P|# hWj[É" i_j_e [d [b gk[ [b gk[ i[ YedijWjWh|fWhWY[diWhbWi$ ;b Z_h[Yjeh Z[b 9edi[`e Z[ Jh|di_je" HeX[hje L[hW" Z_`e gk[ bWi Yeef[hWj_lWi gk[ de j[d]Wi Y[diWZWi ik ceje jWn_ de feZh|d Y_hYkbWh" jWcfeYe i[b[iZWh|[b_d\ehc[fWhWgk[ jhWc_j[[dGk_jebeif[hc_iei Z[ef[hWY_ÂŒd$ ;i[ eh]Wd_ice h[Yjeh Z[b jh|di_je"Z[WYk[hZeYed[b‘b# j_ce [ijkZ_e Z[ bW feXbWY_ÂŒd [dbeih[if[Yj_leiYWdjed[i"i[ Z[j[hc_dWh|Yk|b[ibWYWdj_ZWZ Z[cejejWn_gk[i[d[Y[i_jW"[i# jkZ_egk[be^Wh|xh_diedHW# cei" \kdY_edWh_e Z[b 9edi[`e Z[Jh|di_je$
¥ēŊ .2Ŋ,41.2Ŋ"#Ŋ/1.3#!!(¢-Ŋ04#Ŋ2#Ŋ!.-23148#-Ŋ#-Ŋ+.2Ŋ#231( .2Ŋ"#Ŋ+.2Ŋ/4#-3#2Ŋ/#1,(3(1;-Ŋ/1.3#%#1+.2Ŋ"#Ŋ+ 2Ŋ !1#!(" 2Ŋ"#Ŋ+.2Ŋ1~.2ē
#(#-., )(-..,6 ., $)-Ĺ‹0#& #ĹŠ /1.5#!' 1;ĹŠ/ 1 ĹŠ1#!.1" 1ĹŠ + 2ĹŠ!(-!.ĹŠ. 1 2ĹŠ!.,/+#,#-3 Äą 1( 2ĹŠ/#-"(#-3#2Ä“ BW l[d_ZW Z[ bW c_d_ijhW Z[ JhWdifehj[ o EXhWi F‘Xb_YWi" CWh‡W Z[ bei Ă›d][b[i :kWhj[" fh[l_ijW fWhW [b l_[hd[i Wdj[# h_eh"\k[feifk[ijWfWhW[b'&Z[ Z_Y_[cXh[WbWfhel_dY_WZ[;i# c[hWbZWi$ BWI[Yh[jWh_WZ[;ijWZecWd# jklekdWh[kd_ÂŒdYedbeiZ_h[Y# jeh[ifhel_dY_Wb[iZ[EXhWiF‘# Xb_YWifWhWYedeY[h[bWlWdY[Z[ beijhWXW`eiZ[bWh[Zl_Wb[djeZe [bfW‡i$
ÂĄÄ“ĹŠ ĹŠ1#4-(¢-ĹŠ2#ĹŠ1# +(9¢Ŋ#-ĹŠ+ 2ĹŠ.ÄƒĹŠ!(- 2ĹŠ"#ĹŠ+ ĹŠ.,(2(¢-ĹŠ1.5(-Äą !( +ĹŠ"#ĹŠ1 -2/.13#ĹŠ#11#231#ĔŊ1;-2(3.ĹŠ8ĹŠ#%41(" "ĹŠ( +Ä“
/'/& #š(Ĺ‹ Ĺ‹ - ")CehWZeh[iZ[beiXWhh_eiZ[bW h_X[hW Z[b ;ic[hWbZWi [ij|d f_Z_[dZeWbCkd_Y_f_eXkiYWh kdc[YWd_icefWhWgk[bWXW# ikhW de i[ bW WYkckb[ [d bWi [igk_dWifehbei\k[hj[iebeh[i gk[[cWdW$ BW WYkckbWY_ÂŒd Z[ bei Z[# i[Y^eiiÂŒb_Zeii[ZWfehYkWd# ZebeijhWXW`WZeh[ideYk[djWd Yedbeijh_Y_Ybei[dXk[d[ijWZe
o^WijWW^ehWdei[beih[fWhW fWhW^WY[hkdc[`ehjhWXW`e[d [iWipedWi$ Ied jh[i Z‡Wi W bW i[cWdW gk[ i[ h[Ye][ bei Z[i[Y^ei" f[hec_[djhWibb[]W[blebgk[j[ e[bh[Yeb[Yjehgk[YkXh[ejhWi hkjWi" i[ ^WY[d cedjed[i Z[ XWikhW gk[ f[hcWd[Y[ ^WijW Z[ifkƒiZ[c[Z_eZ‡W[cWdWd# Ze\k[hj[iebeh[i$
;d[bYWieZ[;ic[hWbZWii[ fh[i[djŒ kd _d\ehc[ Z[ bW h[Z fh_dY_fWb"Wi‡Yece[bWlWdY[Z[b Wi\WbjWZeZ[bYWdjŒd7jWYWc[i" eXhWWi[h_dWk]khWZW[bfhŒn_# ce'&Z[Z_Y_[cXh[YedbWfh[# i[dY_WZ[bWC_d_ijhW$ -1.! ".
BWW][dZWZ[b'&Z[Z_Y_[cXh[ Yedj[cfbW h[Yehh_Ze W bei [d# heYWZeiZ[beifk[dj[iYece[b J[Wed["_dif[YY_ÂŒdWbfWiebWj[#
hWbZ[I|b_cWZ[7jWYWc[iZedZ[ ^WY[\WbjWkdfk[dj[Z[*&c[# jheibkpfWhWYecfb[jWhbWl‡W$ I[_dif[YY_edWh|[bckheZ[ I‘W o Z[b h‡e IWc[" h[ceZ[bW# Y_ÂŒdZ[bYWcfWc[djeZ[CJEF o bW [djh[]W Z[ bW cWgk_dWh_W f[iWZW fWhW bW :_h[YY_ÂŒd Z[ EXhWiF‘Xb_YWi[d;ic[hWbZWi" Z[ WYk[hZe Yed [b Wi[ieh Z[ bW C_d_ijhW$ ;b Z_h[Yjeh fhel_dY_Wb Z[ EXhWiF‘Xb_YWi":ƒh_YiedHece 7bjWc_hWde" Z_`e gk[ i[ jhWXW# `W [d [b dehj[ feh [b h‡e B_jW o h‡eJkbkbX‡"i_j_ei[dbeigk[i[ Yedijhko[dckheiZ[]Wl_ed[i$ JWcX_ƒdi[Yedijhko[[bWYY[ie Z[iZ[ bW ĂˆOÉ Z[ IWd Beh[dpe W CWjW`["\hedj[hWYed9ebecX_W$
- ,0 #)( -Ĺ‹ '/,)-Ĺ‹ Ĺ‹!0#)( :[ WYk[hZe Yed fhe\[i_edWb[i Z[ bW YedijhkYY_ÂŒd" bW eXhW Z[ ]Wl_ed[i Yedijhk_ZW [d [b h‡e J[Wed["Y[hYWZ[bWJ[hce[ic[# hWbZWi"YedkdW_dl[hi_ÂŒdZ[*)+ c_bZÂŒbWh[i[djh[]WZeifeh=[i# j_ÂŒdZ[H_[i]e"j[dZh‡W[hheh[i Z[YedijhkYY_ÂŒd$ 7bb‡ i[ h[Wb_pÂŒ kd h[bb[de Z[b b[Y^e Z[b h‡e Yed [nYWlW# Y_ÂŒd"[dbk]WhZ[Wkc[djWh[b YWkY[" YkWdZe Yh[pYW [b h‡e$ BW WbjkhW Z[b ]Wl_ÂŒd [i _d# \[h_eh feh be c[dei Zei c[#
jheiWbWYh[Y_[dj[c|n_cWZ[ W\bk[dj[$ BWi eXi[hlWY_ed[i ^[Y^Wi [ijWXb[Y[dgk[Z[X[Wkc[djWh# i[fehbec[dei,&c[jhei^Wi# jW[cfWjWhYedbeickheiZ[bW J[hce[ic[hWbZWi$7Z[c|i"ik# X_hbWYejWZ[h[bb[deZ[jeZWibWi YWiWifWhW[l_jWh_dkdZWY_ed[i$ 9WdWb_pWhfehc[Z_eZ[jkX[h‡Wi bWi W]kWi Z[ bWi Z[dec_dWZWi bW]kdWigk[iedfWhj[Z[bb[Y^e Z[bh‡egk[i[gk_[h[h[bb[dWhZW# ‹WdZe[b^kc[ZWb$
ēŊ .2Ŋ% 5(.-#2Ŋ"#+Ŋ2#!3.1ŊĎćŊ 2 Ŋ' -Ŋ2(".Ŋ. 2#15 ".2Ŋ/.1Ŋ/1.$#Ĺ 2(.- +#2Ŋ"#Ŋ+ Ŋ!.-2314!!(¢-ē
)& #š(ŋ ŋ -/, - ŋ-/-* ( ŋ*),ŋ (-)
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
ă
ĹŠ. +(% !(¢-ĹŠ"#ĹŠ/#1, -#!#1ĹŠ#-ĹŠ! 2 ĹŠ (-5.+4!1 ĹŠ ĹŠ+.2ĹŠ#-! 1% ".2ĹŠ"#ĹŠ1#!.%#1ĹŠ +.2ĹŠ"#2#!'.2Ä“ ;bi[hl_Y_eZ[h[Yeb[YY_ÂŒdZ[bW XWikhW i[ ikif[dZ[h| cW‹WdW Zec_d]ec_[djhWiZkh[[bY[die dWY_edWbZ[feXbWY_ÂŒdol_l_[dZW gk[i[h[Wb_pWh|[djh[bWi&-0&& o'-0&&$ BW:_h[YY_ÂŒdZ[>_]_[d[Z[b Ckd_Y_f_eZ[;ic[hWbZWiWYWh# ]eZ[bWWYj_l_ZWZ"h[Yec[dZÂŒW bWY_kZWZWd‡WdeiWYWhbeiZ[i[# Y^eid_Wdj[iZ[bWc[Z_WdeY^[d_ ZkhWdj[bWcW‹WdWZ[bZec_d]e$ BWiWbh[Z[ZehZ['&&f[hie# dWigk[Ykcfb[dbWijWh[WiZ[b XWhh_Ze" WbpWZe o \kdZ[e Z[ bW XWikhW[dikcWoeh‡Wied`[\[i Z[\Wc_b_WoWb_]kWbgk[jeZWbW feXbWY_ÂŒdZ[X[h|df[hcWd[Y[h [diki^e]Wh[iZkhWdj[bWWYj_l_# ZWZY[diWb$ /#1 3(5.ĹŠ"#ĹŠ1#(-(!(.
;bZ_h[Yjeh[dYWh]WZeZ[>_]_[# d[Ckd_Y_fWb"7b\h[ZeCWĂľWh[i F[hWbjW" Wi[]k# hÂŒ gk[ bW h[Ye# b[YY_ÂŒd Z[ bei ĹŠ Z[i[Y^ei i[ h[# jecWh| W fWhj_h
ĹŠ1#!.+#!!(¢-ĹŠ "( 1( ĹŠ"#ĹŠ+ ĹŠ 24Äą Z[bWi'/0&&Z[b 1 ĹŠ+ ĹŠ1# +(9 -ĹŠ Zec_d]eYed*( ĉććŊ/#12.- 2ĹŠ 04#ĹŠ+ .1 -ĹŠ f[hiedWi$ "(1#!3 ,#-3#ĹŠ ;bbeij[dZh|d / 1 ĹŠ#+ĹŠ 4-(!(/(.ĹŠ"#ĹŠ bWc_i_ÂŒdZ[XW# 2,#1 +" 2Ä“ hh[hoh[Ye][hbWi (&& jed[bWZWi Z_Wh_WiZ[XWikhWgk[fheZkY[ bWY_kZWZ[dkdW`ehdWZWgk[[d
#!(!+ ".1#2ĹŠ #-ĹŠ"4" Ĺ—ĹŠĹŠ
-ĹŠ#+ĹŠ .3 "#1.ĹŠ"#ĹŠ 241 ĹŠÄĽ+ĹŠ
1"~-ÄŚĹŠ31 ) -ĹŠÄŠÄŒĹŠ/#12.- 2ĹŠ8ĔŊ/#2#ĹŠ ĹŠ04#ĹŠ-.ĹŠ"#/#-"#-ĹŠ"(1#!3 ,#-3#ĹŠ "#+ĹŠ 4-(!(/(.ĔŊ2#ĹŠ+#2ĹŠ 84" ĹŠ!.-ĹŠ+ ĹŠ #-31#% ĹŠ"#ĹŠ4-($.1,#2ĹŠ#ĹŠ(-!#-3(5.2Ä“
ĹŠ!4#23(¢-ĹŠ#2ĹŠ04#ĹŠ-.ĹŠ2#ĹŠ2 #ĹŠ 2(ĹŠ2.-ĹŠ!.-2("#1 ".2ĹŠ(-"(%#-3#2ĹŠ8ĹŠ2(ĹŠ 2#1;-ĹŠ/ 13#ĹŠ"#+ĹŠ!#2.ĹŠ"#ĹŠ+.2ĹŠ2(-ĹŠ5(Äą 5(#-" 2ĹŠ04#ĹŠ2#ĹŠ1# +(9 1;ĹŠ#23 ĹŠ-.!'#ĹŠ "#2"#ĹŠ+ 2ĹŠÄˆÄ’Ä–Ä‡Ä‡Ä“ #" 1".ĹŠ#(-3(,(++ ĔŊ24/#15(2.1ĹŠ 3_!-(!.ĹŠ/1.5(-!( +ĹŠ"#+ĹŠ ĔŊ!.,#-3¢Ŋ 04#ĹŠ"#ĹŠ" 12#ĹŠ#+ĹŠ! 2.ĹŠ"#ĹŠ04#ĹŠ#234Äą 5(#1 -ĹŠ#-ĹŠ#+ĹŠ .3 "#1.ĹŠ"#ĹŠ 241 ĔŊ#+ĹŠ #,/ "1.- ".1ĹŠ3#-"1;ĹŠ04#ĹŠ!#-2 1+.2ĹŠ /.104#ĹŠ2#ĹŠ#-!4#-31 ĹŠ#-ĹŠ 24-3.2ĹŠ"#ĹŠ 31 ).Ä“
kdZ‡WdehcWbik[b[^WY[hi[[d eY^e^ehWi$ FehbeiXWhh_eiZ[bWY_kZWZ i[ [ij| f[h_\ed[WdZe ieXh[ bW ikif[di_ÂŒd Z[b i[hl_Y_e" W Ă’d Z[gk[beil[Y_dei[l_j[d[dbe fei_Xb[iWYWhbWXWikhWWbWi[i# gk_dWieZ[fei_jWhbW[dbWiYW# `Wi[ijWY_edWh_Wi_dijWbWZWi[d bWiWl[d_ZWiYƒdjh_YWi$ I[]‘d CWĂľWh[i F[hWbjW" be gk[i[gk_[h[[l_jWh[ikdfei_# Xb[YebWfieZ[XWikhW[dbWkhX[$ ÆI[b[f_Z[Z[\WlehWbWY_kZWZW# d‡Wgk[deiYecfh[dZWogk[de
Ä“ĹŠ ĹŠ1#!.+#!!(¢-ĹŠ"#ĹŠ+ ĹŠ 241 ĹŠ2#ĹŠ1#3., 1;ĹŠ ĹŠ/ 13(1ĹŠ"#ĹŠ+ 2ĹŠÄˆÄ’Ä–Ä‡Ä‡Ä“
iWgk[bWXWikhW[bZec_d]e[dbW cW‹WdW"fWhW[l_jWhfheXb[cWiÇ" h[_j[hÂŒ[b:_h[Yjeh[dYWh]WZeZ[ >_]_[d[Ckd_Y_fWb$ 13#ĹŠ"#+ĹŠ!#-2.
JWcX_ƒd `kij_Ă’YÂŒ gk[ d_ W‘d
eXj[d_[dZebeiiWbleYedZkYjei fWhWgk[i[Wkjeh_Y[[bi[hl_Y_e Z[h[Yeb[YY_ÂŒdZ[bWXWikhW_XW Wj[d[hi[dj_Ze"fehgk[[bjhW# XW`WZehfh[\[h_h|i[hfWhj[Z[b Y[die$ ;b?dij_jkjeDWY_edWbZ[;i#
jWZ‡ij_YWi o 9[die ?D;9 [d ;ic[hWbZWi"dej_[d[YbWhe[b fWdehWcW Yed h[if[Yje W bei h[Y_YbWZeh[ieY^WcX[heigk[ jhWXW`Wd o l_l[d [d [b XejW# Z[heZ[XWikhWckd_Y_fWbĂˆ;b @WhZ‡dÉ$
-)&#( ,-Ĺ‹ #. -Ĺ‹*),Ĺ‹0 ( ,Ĺ‹&# ), Dk[l[ fhef_[jWh_ei Z[ [ijWY_e# d[i Z[ i[hl_Y_e e ]Wieb_d[hWi Z[ ;ic[hWbZWi" Gk_d_dZƒ o BW 9edYehZ_W \k[hed Y_jWZei fWhW YecfWh[Y[hWkdWWkZ_[dY_WZ[ `kp]Wc_[dje [d bW ?dj[dZ[dY_W Z[Feb_Y‡W"fehl[dZ[hb_Yeh$ ;ije" bk[]e Z[ gk[ bW ?dj[d# Z[dY_WZ[Feb_Y‡WobW7][dY_WZ[ 9edjheboH[]kbWY_ÂŒdZ[>_Zhe# YWhXkheih[Wb_pWhedkdef[hWj_# leZ[Yedjheb[d[ijeid[]eY_ei ZedZ[YecfheXWhedgk[i[[i# jWXW[nf[dZ_[dZeX[X_ZWiWbYe# ^ÂŒb_YWi$ ;b :[Yh[je ;`[Ykj_le '*-& [c_j_Ze [d `kb_e Wdj[h_eh gk[ h[]kbÂŒ bW l[djW Z[ X[X_ZWi Wb# Ye^ÂŒb_YWi[dY[djheideYjkhdei o Y[djhei Yec[hY_Wb[i Z[b fW‡i" fhe^_X_ÂŒbWl[djWZ[b_Yeh[dbWi ]Wieb_d[hWi$ + 9.ĹŠ(-(!( +
;b_dj[dZ[dj[Z[Feb_Y‡W"9[iWh 9ehj[pC[ZhWdZW"Z_`egk[Wbei WZc_d_ijhWZeh[i Z[ bWi ]Wieb_# d[hWii[b[iZ_ekdc[ifWhWgk[ h[j_hWhWdbWiX[X_ZWiWbYe^Œb_YWi Z[bWif[hY^WiZ[beic_d_cWha[j
ēŊ-Ŋ#+Ŋ./#1 3(5.Ŋ2#Ŋ"#!.,(2¢Ŋ .3#++ 2Ŋ"#Ŋ+(!.1Ŋ"#Ŋ"($#1#-3#2Ŋ, 1! 2ē
Z[bWi]Wieb_d[hWi$ :[W^‡gk[[d[bef[hWj_leZ[# Yec_iWhedkdWXk[dWYWdj_ZWZ Z[Xej[bbWiZ[Y[hl[pWi"m^_iao" hed[djh[ejheib_Yeh[ijWdjeZ[ cWhYWidWY_edWb[iYece[njhWd# `[hWibWigk[\k[hedWbcWY[dWZWi [dkdWXeZ[]WZ[beiXW`eiZ[bW =eX[hdWY_Œd$ Bei WZc_d_ijhWZeh[i Z[ bWi ]Wieb_d[hWi gk[ \k[hed Y_jWZei fWhWbWWkZ_[dY_W[djh[[bbkd[i ocWhj[ifhŒn_ceii[[nfed[dW i[hiWdY_edWZeiYedbWYbWkikhW Z[bd[]eY_efeheY^eZ‡WioWfW# ]WhkdWckbjWZ['&&ZŒbWh[i$
1#!(.ĹŠ)423.
;ZkWhZeCedjW‹eDWpWh[de"Z_# h[YjehZ[bW7][dY_WZ[9edjheb oH[]kbWY_ÂŒdZ[>_ZheYWhXkhei" Wi[]khÂŒgk[[bef[hWj_lei[Wfhe# l[Y^ÂŒfWhWYedijWjWhgk[i[[ijW# XWl[dZ_[dZebWYWdj_ZWZYehh[YjW Z[YecXkij_Xb[oWbfh[Y_e`kije$ ;d [i[ i[dj_Ze de ^kXe de# l[ZWZ[i"fehgk[i[cWdj_[d[[b fh[Y_e Z[b ]WbÂŒd Z[ bW ]Wieb_dW [njhW[dkdZÂŒbWhYed*.Y[djW# lei"Z_ƒi[bkdZÂŒbWh)+Y[djWlei" obWi‘f[hgk[Ă“kYj‘W[djh[Zei ZÂŒbWh[iYed'&Y[djWleiokdZÂŒ# bWhYed//Y[djWlei$
/- -Ĺ‹"-.Ĺ‹&-ŋúĂĆúú FWhW\WY_b_jWhbWcel_b_ZWZZ[bei [cfWZhedWZeh[ioYeehZ_dWZe# h[iZ[bY[diedWY_edWbZ[l_l_[d# ZW[d;ic[hWbZWi"bWY_hYkbWY_ÂŒd Z[beiXki[iZ[bWjhWdifehjWY_ÂŒd khXWdW i[ [nj[dZ[h| ^WijW bWi &.0&&Z[bZec_d]e(.$ BWYeehZ_dWY_ÂŒdZ[bWc[Z_ZW i[h[Wb_pÂŒWbWi',0&&Z[bl_[hd[i Yed[bYecWdZWdj[Z[bWFeb_Y‡W" FWXbeIWdjei7dZhWZ["oZ[bWi [cfh[iWiZ[jhWdifehjWY_ÂŒdkh# XWdeoZ[fWiW`[hei$ IWdjei 7dZhWZ[ f_Z_ÂŒ fh[# YWkY_ÂŒd W bW Y_kZWZWd‡W fWhW gk[l[h_Ă’gk[d[bdecXh[Z[bei
[dYk[ijWZeh[i"Yedbegk[i[[l_# jWh|_dYedl[d_[dj[ieheXeiYece eYkhh_ÂŒ [d lWh_Wi l_l_[dZWi Z[ 7jWYWc[i"gk[\k[hedWiWbjWZWi fehikfk[ijei[cfWZhedWZeh[i$ C_[djhWijWdje"[bh[YjehZ[ bW;nj[di_ÂŒdZ[bWKd_l[hi_ZWZ JƒYd_YW ĂˆBk_i LWh]Wi Jehh[iÉ" [d BW 9edYehZ_W" <[hdWdZe 7dZ_deB[ÂŒd"e\h[Y_ÂŒZeiXki[i Z[[iWkd_ZWZWYWZƒc_YWfWhW [bjhWibWZeZ[bei[dYk[ijWZeh[i WbWipedWiWb[`WZWiYeceCed# j[hh[o o 8eYWdW Z[b 8‘W" gk[ b_c_jWdYedIWdje:ec_d]eZ[ beiJi|Y^_bWi$
Ä…
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
&& ,Ĺ‹-) , Ĺ‹ , ")9ed[bj[cWĂˆ:[h[Y^eigk[j_[# d[dbWif[hiedWiYedZ_iYWfW# Y_ZWZÉi[h|bWYWfWY_jWY_ÂŒdgk[ fheceY_edW [b C_d_ij[h_e Z[ H[bWY_ed[iBWXehWXb[i"fWhW[b fhÂŒn_ce-Z[del_[cXh["[d[b 7fWhj>ej[b$ ;bjWbb[h[cf[pWh|[d^ehWi Z[ bW cW‹WdW" i[ YedjWh| Yed
c‡d_ce(+fWhj_Y_fWdj[i$Bei \WY_b_jWZeh[iiedfhe\[i_edWb[i Z[bWY_kZWZZ[Gk_je$ BW\kdY_edWh_WZ[H[bWY_e# d[iBWXehWXb[i"O[b]k_LWb[d# Y_WLWh]Wi"^_pekdbbWcWZeW bWif[hiedWiYedZ_iYWfWY_ZWZ fWhWgk[fWhj_Y_f[d"f[heZ[# X[dZ[bb[lWh[bYWhdƒgk[bei WYh[Z_jWYecejWb[i$ 7]h[]ÂŒ gk[ [ij[ i[h‡W [b i[njejWbb[h[d[bW‹e"oWgk[ ^Wd [djh[]WZe i[c_dWh_ei YeceYedbWieY_Wb_pWY_ÂŒdZ[b j[cW Z[ ĂˆB[d]kW`[ Z[ i[‹WiÉ" Ăˆ8‘igk[ZWZ[jhWXW`eÉ"Ăˆ9ÂŒce fh[i[djWhi[Wdj[kdW[cfh[# iWÉ"Ăˆ?cW][dÉ"[djh[ejhei$ Æ:[[ijW\ehcWbWif[hiedWi Yed Z_iYWfWY_ZWZ i[ feZh|d Z[\[dZ[h [d [b ckdZe bWXe# hWbÇ"cWd_\[ijÂŒO[b]k_LWb[d# Y_WLWh]Wi$
'*&# #š(Ĺ‹ Ĺ‹0vĹ‹ /-Ĺ‹*,) & '43.1(" "#2ĹŠ"#ĹŠ+ ĹŠ /1.5(-!( ĹŠ' -ĹŠ2(".ĹŠ -.3(ÄƒĹŠ! " 2ĹŠ8ĹŠ- " ĹŠ ' -ĹŠ'#!'.ĹŠ/.1ĹŠ4- ĹŠ 2.+4!(¢-Ä“
:[iZ[^WY[kdc[ibei^WX_jWd# j[iZ[bWfWhhegk_W9WcWhed[i" `kh_iZ_YY_ÂŒdZ[bYWdjÂŒd;ic[hWb# ZWi"i[[dYk[djhWdi_d[bi[hl_Y_e Z[W]kWfejWXb[$ I[]‘d @[h[c‡Wi C[dZepW 9WbZ[hÂŒd"fh[i_Z[dj[Z[bW@kdjW FWhhegk_Wb"bWYWkiWZ[deYed# jWhYed[bb‡gk_Zel_jWb[ifehgk[ bW[cfh[iWJƒYd_YW=[d[hWbZ[ 9edijhkYY_ÂŒd J=9 "^WZW‹WZe bWjkX[h‡Wgk[beiWXWij[Y‡WZ[b i[hl_Y_e$ ÆFehbWh[ceY_ÂŒdZ[bWj_[hhW fWhWbWWcfb_WY_ÂŒdZ[bWYWhh[# j[hWbWic|gk_dWiZ[ijhko[hed bWjkX[h‡WZ[,)c_b‡c[jhei"Z[# `WdZei_dW]kWfejWXb[WbWfe# XbWY_ÂŒdZ[9WcWhed[iÇ"Z_`ebW Wkjeh_ZWZfWhhegk_Wb$ .ĹŠ+.2ĹŠ 3(#-"#-
-. /(Ĺ‹*-) :[iZ[^WY[c|iZ[*c[i[ii[ fk[Z[eXi[hlWhbWYebeYWY_ÂŒdZ[ YW‹Wi]kWZ‘Wi[d[b[Z_Ă’Y_eZ[ bWIkf[hl_i_ÂŒdZ[;ZkYWY_ÂŒdZ[ ;ic[hWbZWi"kX_YWZe[dbWYWbb[ Ebc[Ze[djh[C[`‡WoCWdk[bW 9W‹_pWh[i"gk[ikfk[ijWc[dj[ _XW W i[h f_djWZe f[he gk[ZÂŒ
_dYedYbkiWbWeXhW$ :[ [ijW \ehcW i[ fh[i[djW kdW _cW][d \[W" WZ[c|i" Z[ gk[[iWiYW‹Wi[ij|deXijWYk# b_pWdZebWl_i_X_b_ZWZo[bfWie Z[b f[WjŒd$ ;i d[Y[iWh_e gk[ i[j[hc_d[[bjhWXW`eoi[bWi h[j_h[$
ĹŠĹŠĹŠĹŠ ĹŠĹŠĹŠ
-ĹŠ5#'~!4+.ĹŠ"#ĹŠ/+ ! ĹŠ ÄąÄ?ćĉĔŊ + -!.ĔŊ2#ĹŠ#-!.-31 ĹŠ#23 !(.- ".ĹŠ#-ĹŠ + ĹŠ5#1#" ĹŠ"#ĹŠ+ ĹŠ! ++#ĹŠ(,¢-ĹŠ.+~5 1ĹŠ#-31#ĹŠ #)~ ĹŠ8ĹŠ -4#+ ĹŠ  (9 1#2ĔŊ . 23 !4+(9 -".ĹŠ#+ĹŠ+( 1#ĹŠ31;-2(3.ĹŠ"#ĹŠ+.2ĹŠ/# 3.-#2ĹŠ8ĹŠ ĹŠ/#2 1ĹŠ04#ĹŠ' ~ -ĹŠ31#2ĹŠ /.+(!~ 2ĹŠ#-ĹŠ+ ĹŠ#204(- ĹŠ-(-%4-.ĹŠ'(9.ĹŠ- " Ä“
;nfb_YÂŒgk[^Wddej_Ă’YWZebWde# l[ZWZWbh[fh[i[djWdj[Z[bC_# d_ij[h_eZ[JhWdifehj[oEXhWi F‘Xb_YWi CJEF " :ƒh_Yied Hece7bjWc_hWde1]eX[hdWZeh Z[bWfhel_dY_W"B[d_dBWhWH_# lWZ[d[_hW"ofh[i_Z[dj[;`[YkjW Z[ bW ;7F7#IWd CWj[e" EcWh ;ijkf_‹|dHeZh‡]k[p"i_dj[d[h h[fk[ijWWb]kdW$ Æ7 9WcWhed[i i[ be WXWij[# Y[ Z[ W]kW Z[iZ[ bW jkX[h‡W Z[ ),)c_b‡c[jheigk[bb[]W^WijW H_el[hZ[1 [d JWYkiW [n_ij[ kd YebbWh‡dZedZ[[ijWXW[cfWjWZe [bjkXeZ[,)c_b‡c[jhei[bYkWb \k[iWYWZefehbWic|gk_dWiWb
ĹŠ
-%1#-
=Wd]h[dW[ibWck[hj[Z[b j[`_Ze[dkdWfWhj[Z[bYk[h# fe$;ijWi[fh[i[djWYkWdZe kdWfWhj[Z[bYk[hfef_[hZ[ ikikc_d_ijheiWd]k‡d[e" beYkWbfk[Z[ikY[Z[hWhW‡p Z[kdWb[i_ÂŒd"kdW_d\[YY_ÂŒd kejhWiYWkiWi$Kij[Zj_[d[ kdcWoehh_[i]eZ[fh[i[d# jWh]Wd]h[dWi_j_[d[0KdW b[i_ÂŒdi[h_W$ ;d\[hc[ZWZlWiYkbWh Yece Whj[h_e[iYb[hei_i"jWcX_ƒd bbWcWZW[dZkh[Y_c_[djeZ[ bWiWhj[h_Wi"[dbeiXhWpeie bWif_[hdWi $:_WX[j[i$I_i# j[cW_dckd_jWh_eZ[Ă’Y_[dj[ feh[`[cfbe"fehL?>e gk_c_ej[hWf_W $KdWY_hk]‡W
ēŊ+Ŋ/1#2("#-3#Ŋ"#Ŋ+ Ŋ 4-3 Ŋ 11.04( +Ŋ"#Ŋ , 1.-#2ĔŊ #1#,~ 2Ŋ #-Ĺ ".9 Ŋ +"#1¢-ĔŊ,4#231 Ŋ+ Ŋ34 #1~ Ŋ04#Ŋ+.2Ŋ 23#!~ Ŋ"#Ŋ %4 ĔŊ+ Ŋ!4 +Ŋ$4#Ŋ"  " ē
.ĹŠ' 8ĹŠ #-#ÄƒĹŠ!(.2 Ĺ—ĹŠĹŠ 2ĹŠ! ++#2ĹŠ"#ĹŠ , 1.-#2ĹŠ3 , (_-ĹŠ' -ĹŠ2(".ĹŠ"#2314(" 2ĹŠ/.1ĹŠ4-ĹŠ/#2 ".ĹŠ3 -04#1.ĹŠ 04#ĹŠ++#- ĹŠ %4 ĹŠ#-ĹŠ#+ĹŠ#23#1.ĹŠ/ 1 ĹŠ "#!#-3 1ĹŠ+ ĹŠ-4#5 ĹŠ5~ ĹŠ04#ĹŠ2#ĹŠ!.-23148#Ä“ ÄĄ#2#ĹŠ ĹŠ+.2ĹŠ/#1)4(!(.2ĹŠ+ 2ĹŠ!.,4-(" "#2ĹŠ-.ĹŠ' -ĹŠ1#!( (".ĹŠ #-#ÄƒĹŠ!(.2ĹŠ/ 1 ĹŠ1#2 1Äą !(1ĹŠ+.2ĹŠ(-!.-5#-(#-3#2ĹŠ/1.5.! ".2ĢĔŊ ÄƒĹŠ1, -ĹŠ+.2ĹŠ!.+.-.2Ä“
h[cel[hbWj_[hhWÇ"WĂ’hcÂŒC[d# ZepW9WbZ[hÂŒd$ >WX_jWdj[iZ[JWYkiWcWd_# Ă’[ijWd gk[ [bbei jWcX_ƒd ^Wd ĹŠĹŠ #+ĹŠ+4-#2ŊĉĉĔŊ +ĹŠ".,(-%.ŊĉđŊ"#ĹŠ-.5(#,Äą 1#ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄ‡Ä“ #2"#ĹŠ+ 2ŊĉĉĖććŊ' 23 ĹŠ+ 2ŊćđĖććē (!'(-!' +,#".ĹŠ8ĹŠ(! 413#Ä“ #+_$.-.ĖŊĉÄ?ÄˆĹŠÄˆÄŽĹŠÄŠÄ?Ä“ 2/  .+¢-ĹŠ8ĹŠ.+~5 1Ä“ #+_$.-.ĖŊŊĉÄ?ĉŊÄ?Ä?ĹŠÄˆÄ‘Ä“ #31./.+(3 - 5Ä“ĹŠ ( #13 "ĹŠ8ĹŠ 1 " ĹŠÄˆÄ‡Ä“ #+_$.-.ĖŊŊĉÄ?Ä‰ĹŠÄŽÄŒĹŠÄ‘Ä‘Ä“
45#-(+ -3 2ĹŠ (- 2 #+_$.-.ĖŊĉÄ?ĉŊÄ?ÄŠĹŠÄ?Ä?Ä“ (ĹŠ +4"
ĹŠ1./(!( ĹŠ"( %.- +ĹŠ ĹŠ.+! Ä“
i_Zef[h`kZ_YWZeiode^WoWkje# h_ZWZWb]kdWgk[b[ih[ik[blW[b fheXb[cWi"f[i[WbWih[_j[hWZWi f[j_Y_ed[i$ #+ĹŠ+4-#2ŊĉĉĔŊ +ĹŠ".,(-%.ŊĉđŊ"#ĹŠ-.5(#,Äą 1#ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄ‡Ä“ (2! +Ä– 1Ä“ĹŠ(#%.ĹŠ_1#9ĹŠ ++.Ä“ #+_$.-.ĖŊćĒÄ?ĹŠÄ’ÄˆĹŠÄ?ĉŊĎĒ 2(23#-3#ĹŠ"#ĹŠ(2! +Ä–
(!Ä“ĹŠ '.-ĹŠ.8#2ĹŠ.-9;+#9Ä“ #+_$.-.ĖŊćĒÄ?ŊĒĊŊćđŊĉĒ Ä–ĹŠ .2ĹŠ341-.2ĹŠ"#ĹŠ+.2ĹŠÄƒĹŠ-#2ĹŠ"#ĹŠ2#, - ĹŠ 8ĹŠ$#1( ".2ĹŠ2#ĹŠ 3#-"#1;-ĹŠ#-ĹŠ+ ĹŠ.+(!~ ĹŠ
4"(!( +ĔŊ3#+_$.-.2ŊĉÄ?ćŊćĎŊÄ?ćėŊĉÄ?ćŊćĎŊÄ?Čē ^ĹŠĹŠ ĉŊÄ?Ä‡Ä‡ÄąÄŽÄŽÄ’ĹŠÂ˘ĹŠÄˆÄ‡Äˆ .+(!~ ĹŠ 4#1/.ĹŠ"#ĹŠ., #1.2ŊĉŊÄ?ĈÄ?ÄąÄˆÄ‡Ä?ĹŠÂ˘ĹŠÄˆÄ‡Ä‰ /(3 -~ ĹŠ"#+ĹŠ4#13.ĹŠ ĉŊÄ?ĉćĹĉĒđ ĉŊÄ?ĉđĹÄ?ČĈ 1( 4- +ĹŠ+#!3.1 +ĹŠ ĉŊÄ?ĉĊĹĉĊĉ ,#+#2 ĹŠ
~-# ĹŠ"#ĹŠ 47(+(.ĹŠ/ 1 ĹŠ"#-4-!( 1ĹŠ31;ÄƒĹŠ!.ĹŠ"#ĹŠ "1.% 2ĔŊ!., 423( +#2ĔŊ/(1 3#1~ ĹŠ8 #,(%1 -3#2ĹŠ ĉŊÄ?ĈĈđÄ?ć 2ĹŠ ĹŠ".,(!(+(.ĹŠ ÄˆÄ‘Ä‡Ä‡ĹŠÄŒÄ‰Ä?ÄąÄŒÄ‘Ä? ĈČć ++ĹŠ!#-3#1ĹŠ ĹŠ
& & Ćŋ)ŋ*) ')* , ,ŋ&ŋ.,(+/#&#
#!.1"¢Ŋ04#Ŋ#-Ŋ .31.2Ŋ3(#,/.2Ŋ+ Ŋ %#-3#Ŋ2#Ŋ2#-3~ Ŋ ,;2Ŋ2#%41 Ŋ#-Ŋ + 2Ŋ! ++#2ē
JhWi bei WYjei Z[b_dYk[dY_Wb[i eYkhh_Zei[dbWi‘bj_cWii[cW# dWi[dbWY_kZWZ"[dkdeZ[bei YkWb[i\k[l‡Yj_cWbW`[\W<_dWd# Y_[hW Z[b =eX_[hde Ckd_Y_fWb" 7hWY[boLƒb[p"bWfh[eYkfWY_ÂŒd [dbWY_kZWZWkc[djW$ ;bbe ][d[hÂŒ gk[ i[ h[WYj_l[ [d bei XWhh_ei bW eh]Wd_pWY_ÂŒd fWhW]WhWdj_pWhbWi[]kh_ZWZ"jWb YeceeYkhh_ÂŒ[dBWJeb_jW'"kX_# YWZW[d[bikhZ[bWY_kZWZZed# Z[i[h[Wb_pÂŒkdWWiWcXb[Wgk[ YedjÂŒYedbWfh[i[dY_Wfeb_Y_Wb$ 7 [ij[ [`[cfbe gk_[h[d ik# cWhi[ejheii[Yjeh[iZ[bWkhX[ Yece [b LWbb[ Z[ IWd HW\W[b" jWcX_ƒd[d[bikh"ZedZ[bWi_# jkWY_ÂŒdde[ickY^ec[`eh$ #+(3.2ĹŠ$1#!4#-3#2
;d[ijWpedW"i[]‘dYec[djÂŒ[b YedY[`Wb ?l|d D_YebW 9W_Y[Ze" cehWZehZ[bbk]Wh"beiZ[b_jei Yece bW l[djW o Yedikce Z[ Zhe]WioheXeiied\h[Yk[dj[i" ieXh[ jeZe [d i[Yjeh[i Yece Ăˆ+& 9WiWiÉ" Yeef[hWj_lW Z[ l_# l_[dZWĂˆH‡eJ[Wed[ÉoĂˆLebkd#
($1 2
I[]‘d[bY[dieZ[(&&'h[Wb_pW#
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ć
jWZZ[:_eiÉ$ Æ7f[iWhZ[gk[^[ceiiWYW# Ze W ckY^ei `ÂŒl[d[i Z[ [ijWi YedZkYjWi Yed [b Cel_c_[dje @kl[d_bIWb[i_Wde"[bfheXb[cW i[ cWdj_[d[Ç" W\_hcÂŒ D_YebW 9W_Y[Ze"gk[[ifWhj[Z[b]hkfe YWjÂŒb_Ye$ ;bYecfehjWc_[dje_b‡Y_jei[ [iYkZW[dbW\WbjWZ[_bkc_dWY_ÂŒd Z[bi[YjehZedZ[^WoXWhh_ei[d# j[hei W eiYkhWi$ BW ikcWjeh_W Z[[ijWiYedZ_Y_ed[i^WY[dgk[ gk_[d[il_l[d[d[ijWpedWf[h# cWd[pYWdfh[eYkfWZeifehbei ‡dZ_Y[iZ[_di[]kh_ZWZ$ ĹŠ"#-4-!( 1
IeXh[[bj[cWojecWdZeYece h[\[h[dj[ [b _dY_Z[dj[ Yed bW \kdY_edWh_W ckd_Y_fWb" [b Wb# YWbZ[ Z[ ;ic[hWbZWi" ;hd[ije ;ijkf_‹|d Gk_dj[he" ^_pe kd bbWcWZefWhWgk[bWY_kZWZWd‡W i[Z[dkdY_[beiZ[b_jei$ ÆDefeZ[ceif[hZ[hdk[ijhW jhWdgk_b_ZWZ1h[Y_X_ceiWc[dW# pWiZ_Wh_Wif[hededeii_b[dY_W# h[ceifehgk[[ijW][dj[ef[hW Yed[bc_[ZeolWceiWi[]k_h Z[dkdY_WdZeWh_[i]eZ[begk[ i[WÇ"WĂ’hcÂŒ[b8kh]ecW[ijh[$ De eXijWdj[" Yedc_dÂŒ W bei Y_kZWZWdeiWjecWhc[Z_ZWi[d iki^e]Wh[ifWhW^WY[hbWil‡Wi f‘Xb_YWic|ii[]khWi"Wbj_[cfe Z[h[WĂ’hcWhgk[bWieb_ZWh_ZWZ [djh[l[Y_dei[iYbWl[fWhWYec# XWj_hbW_di[]kh_ZWZ$
ÂĄÄ“ĹŠ+ĹŠ +! +"#ĹŠ1-#23.ĹŠ234/( ;-ĹŠ4(-3#1.ĹŠ' +¢Ŋ"#ĹŠ+ ĹŠ(-2#%41(" "ĹŠ3., -".ĹŠ!.,.ĹŠ#)#,/+.ĹŠ+.2ĹŠĂŒ+3(,.2ĹŠ'#!'.2ĹŠ"#+(!3(5.2Ä“
- / &Ĺ‹ Ĺ‹(#0 ,-,#)
*, - (. #š( ,) /.),#( FWhW _di[hjWh Wb fk[Xbe W\he[# YkWjeh_Wde [d [b fheY[ie Z[ YWcX_e o jhWdi\ehcWY_ÂŒd gk[ bei cel_c_[djei ieY_Wb[i Z[b fW‡i" bW 9ehfehWY_ÂŒd Z[ :[iW# hhebbe7\he[YkWjeh_Wde 9eZW[ h[Wb_pÂŒkdWYWcfW‹WfWhWYed# Y_[dY_WhieXh[bW_cfehjWdY_WZ[ h[ifedZ[h Z[ cWd[hW fei_j_lW WbWfh[]kdjW',Z[bWi[i_ÂŒd* Z[b\ehckbWh_eY[diWb0Âľ9ÂŒcei[ _Z[dj_Ă’YWkij[Z"Z[WYk[hZeYed ikYkbjkhWoYeijkcXh[i5 Jh[iefY_ed[i0W\he[YkWjeh_W# de"ckbWjeed[]hef[hc_j[dWbWi f[hiedWiWkje_Z[dj_Ă’YWhi[Yece fWhj[Z[[ijWfeXbWY_ÂŒd"Yedbegk[ i[Wif_hWWj[d[hY_\hWiieXh[[ij[ i[YjehZ[bWfeXbWY_ÂŒdo[lWbkWh ikid[Y[i_ZWZ[i"begk[WokZWh| W\ehjWb[Y[hbW7][dZWFeb‡j_YWZ[b fk[XbeW\he[YkWjeh_Wde$ ;b i[Yh[jWh_e =[d[hWb Z[b 9edi[`eDWY_edWbZ[bWKd_ZWZ 7\he[YkWjeh_WdW 9edkW[ ":W# l_ZGk_‹Œd[p7oel‡"Yedi_Z[hW gk[[bY[die[ikdW^[hhWc_[d# jWfWhWYecXWj_h[bhWY_iceobW Z_iYh_c_dWY_ÂŒd[nfh[iWZW[dbWi Z[i_]kWbZWZ[iieY_Wb[i$
BW [iYk[bW Ăˆ=h_Yƒb_ZW D_[l[i LWb[dY_WÉ"kX_YWZW[d[bXWhh_e LebkdjWZ Z[ :_ei" i[Yjeh IWd HW\W[b"[bi|XWZe(-Z[del_[c# Xh["Y[b[XhÂŒ'+W‹eiZ[Yh[WY_ÂŒd o Z[ [ZkYWh W bW d_‹[p Z[ bei i[Yjeh[iZ[bikh$ ;bfhe\[iehI[]kdZe?Y^_dW @[h[p" fh[i_Z[dj[ Z[ bW 9ec_# i_ÂŒdIeY_Wb:[fehj_lWZ[bW[i# Yk[bW"^Weh]Wd_pWZeZ_l[hiei WYjei fWhW gk[ fWhj_Y_f[d bei +.& Wbkcdei" WZ[c|i" Z[ bei ZeY[dj[iofWZh[iZ[\Wc_b_W$ BeiWYjei_d_Y_Whed[bbkd[i YedkdWckh]Wo`k[]ei_dj[h#
dei$;b‘bj_cec_ƒhYeb[i[b_]_[hed WbWH[_dWZ[bW[iYk[bWĂˆ=h_Yƒb_ZW D_[l[iLWb[dY_WÉ"[b`k[l[i\k[bW _dWk]khWY_ÂŒdZ[bYkWZhWd]kbWh [djh[bWi[iYk[bWĂˆ@eiƒ@_`ÂŒdÉ"Z[ J|Xkb[1Ăˆ>ec[heBÂŒf[pÉ"Z[IWd HW\W[b1 L_ZWb L_l[he LWb[dY_WÉ" H‡eJ[Wed[obWWdĂ’jh_edW$ ;b l_[hd[i Yedj_dkÂŒ bW `eh# dWZWZ[fehj_lWobWfheYbWcW# Y_ÂŒdZ[bWH[_dW1[bi|XWZe(- Ykbc_dÂŒ[b\[ij[`eYedbWI[i_ÂŒd Ieb[cd[[dbWgk[fWhj_Y_fWhed Wkjeh_ZWZ[i Z[b fbWdj[b" [ijk# Z_Wdj[i"ZeY[dj[i"fWZh[iZ[\W# c_b_W[_dl_jWZei[if[Y_Wb[i$
¥ēŊ4#Ŋ#+Ŋ/4# +.Ŋ $1.Ĺ#!4 3.1( -.Ŋ3#-% Ŋ4- Ŋ, 8.1Ŋ/ 13(!(/ !(¢-Ŋ#-Ŋ +.2Ŋ/1.!#2.2Ŋ2.!( +#2Ŋ2#Ŋ 42! Ŋ!.-Ŋ#+Ŋ!#-2.ē
Zefeh[b?dij_jkje;YkWjeh_Wde Z[;ijWZ‡ij_YWio9[die ?D;9 [b fehY[djW`[ Z[ W\he#Z[iY[d# Z_[dj[i [d [b ;YkWZeh [i Z[b *$/" gk[ [gk_lWb[ W ,&& c_b *&/f[hiedWiWd_l[bdWY_edWb$ BWY_\hWWkc[djWWb+$-i_i[ jecW [d Yk[djW bei ZWjei Z[ ejhWi [dYk[ijWi ^e]Wh[i" [c# fb[eoZ[i[cfb[e $ De eXijWdj[" bWi eh]Wd_pW# Y_ed[iW\he#[YkWjeh_WdWih[YbW# cWd gk[ [b fehY[djW`[ h[Wb Z[
W\he#Z[iY[dZ_[dj[i [i ikf[h_eh Wb'&"fk[i"i[[ij_cWgk[ik# f[hWd[bc_bbÂŒdZ[f[hiedWi[d [bfW‡i$ :[W^‡gk[bWWif_hWY_ÂŒd[i gk[ [b dk[le Y[die ikf[h[ bW Yh_j_YWZWY_\hWZ[b+oWhhe`[ ZWjei c|i Ă’[b[i W bW h[Wb_ZWZ Yece fWhj[ Z[ kdW [ijhWj[]_W feb‡j_YWZ[l_i_X_b_pWY_ÂŒdZ[bW h[Wb_ZWZ[YedÂŒc_YWoieY_WbZ[ [ij[fk[Xbe"`kdjeWbei_dZ‡][# dWioc[ij_pei$
Ä“ĹŠ ĹŠ#2!4#+ ĹŠÄĽ1(!_+(" ĹŠ(#5#2ĹŠ +#-!( ÄŚĹŠ#+ĹŠ2; ".ŊĉÄ?ĹŠ"#ĹŠ-.5(#, 1#ĹŠ !4,/+(Â˘ĹŠÄˆÄŽĹŠ  .2ĹŠ"#ĹŠ!1# !(¢-Ä“
§ ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
.Ŋ' 8Ŋ.31 Ŋ 5(134"Ŋ,;2Ŋ %1 -"#Ŋ8Ŋ "(5(- Ŋ04#Ŋ + Ŋ)423(!( ĢēŊŊ
ĹŠ
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ŋ/.+~3(! Ŋ#2Ŋ #+Ŋ 13#Ŋ"#Ŋ /+(Ĺ ! 1Ŋ#-Ŋ! " Ŋ _/.! Ŋ"#Ŋ+ Ŋ'(23.1( Ŋ 04#++ Ŋ/ 13#Ŋ "#+Ŋ("# +Ŋ04#Ŋ+ 2Ŋ !(1!4-23 -!( 2Ŋ ' !#-Ŋ/.2( +#Ģē Ŋ:Ŋ Ŋ
;2ĹŠ +3.2ĹŠ
JWdje[b=eX_[hdeYeceiki fWhj_ZWh_eii[k\WdWdZ[gk[ [b_d\ehc[Z[JhWdifWh[dY_W ?dj[hdWY_edWbZ[j[hc_dÂŒgk[ XW`WceiWbfk[ije'(-Z['.& fW‡i[i[dd_l[b[iZ[Yehhkf# Y_ÂŒd$I_d[cXWh]e"^WijW[b ‘bj_cefh[i_Z[dj[Z[ceYh|j_# YWc[dj[[b[Yje[ij|XWcei[d [bfk[ije''/$9kWdZe[cf[pÂŒ [bcWdZWjeZ[bfh[i_Z[dj[ 9ehh[W[d[b(&&-ikX_ceiWb fk[ije'+'oi[cWdjkle[d[i[ d_l[b^WijWbWfh[i[dj[\[Y^W gk[XW`ÂŒW'(-$;ijWcei[d f[eh[id_l[b[iZ[YehhkfY_ÂŒd gk[bWbbWcWZWfWhj_ZeYhWY_W$ H[ikbjWfWhWZÂŒ`_Yegk[W^ehW[b =eX_[hdefh[ij[Wj[dY_ÂŒdW[ij[ _dZ_YWZeh"oWgk[YkWdZei[ik# X_ÂŒWbfk[ije'+'i[Z[YbWhÂŒgk[ [ij[_dZ_YWZehde[i_dZ_YWj_le Z[bWh[Wb_ZWZ"fehgk[i[]‘d[b =eX_[hdeh[ifedZ[W_dj[h[i[i gk[gk_[h[dZ[ifh[ij_]_Whbe$ -"1_2ĹŠ#1% 1 Ä–ĹŠÄˆÄ?ĈĈĒÄ?Ä’Ä’Ä?ć
.+.ĹŠ3ĂŒĹŠ/4#"#2ĹŠ
Kd;ijWZe\k[hj[[i[bgk[ Z[iWhhebbWkdWZ[ceYh|j_YWo [n_jeiW_dij_jkY_edWb_ZWZ"kdW XkheYhWY_W[Ă’Y_[dj[odkcƒh_# YWc[dj[d[Y[iWh_W"gk[j[d]WbW YWfWY_ZWZef[hWj_lWZ[e\h[Y[h WikiY_kZWZWdei[bWYY[ieWbW iWbkZ"WbW[ZkYWY_ÂŒdfbkhWbo Z[YWb_ZWZ[djeZeiikid_l[b[i" gk[Z_ijh_XkoWbWh_gk[pW[gk_# jWj_lWc[dj[f[hegk[jWcX_ƒd bWfheZkpYW$;ij[[ikd;ijWZe \k[hj[1[bY[djhWb_iceiebe[i kdWck[ijhWZ[Z[X_b_ZWZ" _dYWfWY_ZWZoh[WYY_ÂŒd[gk_le# YWZW$BWZ[iY[djhWb_pWY_ÂŒd[ibW Wdj‡j[i_iZ[bY[djhWb_ice"f[he deZ[b;ijWZe\k[hj["[ikdW Yecfb[c[djWY_ÂŒdfhW]c|j_YW fWhWbeiĂ’d[i[YedÂŒc_Ye#ie# Y_Wb[igk[d[Y[i_jW"oWgk[bW Wkjedec‡WX_[d[dj[dZ_ZWW \WlehZ[bei_dj[h[i[ibeYWb[i" f[heieXh[jeZedWY_edWb[i"[i kdWck[ijhWZ[fWhj_Y_fWY_ÂŒd Y_kZWZWdW"Z[ceYhWY_WfhW]# c|j_YWoZ[iWhhebbeh[]_edWb [gk_jWj_le$9ece]hWdYedYbk# i_ÂŒdgk[ZWYbWhegk[;ijWZe \k[hj[oZ[iY[djhWb_pWY_ÂŒdlWd Z[bWcWde$Âľ;dgkƒYbWi[Z[ ;ijWZe[ijWceil_l_[dZe5 -"1_2Ŋ¢,#9ĹŠ.+ -!. Ä“ Ä“ĹŠÄˆÄ?ĉĊĎČĒĒĉÄ?ĹŠĹŠ ĹŠĹŠĹŠÄ– ! 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,#1.ĹŠ "#ĹŠ_"4+ Ä—ĹŠ3#+_$.-.ĹŠÄ¸ÄƒĹŠ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ.ĹŠ"#ĹŠ 31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
™ŋŋ ŋ ŋ
;bW_ibWc_[djeckdZ_WbZ[9eh[WZ[bDehj[# jWdje[dbefeb‡j_YeYece[dbeYec[hY_Wb#^W lk[bjeWfheleYWhbW_hWZ[ik=eX_[hde$7^ehW Foed]oWd] ^W WjWYWZe kdW f[gk[‹W _ibW Z[ 9eh[WZ[bIkh[d[bCWh7cWh_bbe"YecekdW ck[ijhWZ[bWZ[i[if[hWY_Œd[dbWgk[[ij|[b hƒ]_c[dYeckd_ijWWdj[bWiiWdY_ed[i[YedŒ# c_YWi_cfk[ijWifeh[b9edi[`eZ[I[]kh_ZWZ Z[bWEDK$ ;ijWdk[lWi_jkWY_ŒdZ[j[di_Œdj_[d[b_Xh[jei YedeY_Zei$C_[djhWiW9eh[WZ[bDehj[b[i_hl[ fWhWfh[i_edWhWMWi^_d]jedo^WY[h[`[hY_Y_ei Z[\k[hpW"W9eh[WZ[bIkhbWcWdj_[d[kd_ZWW bei_dj[h[i[iZ[bWi ]hWdZ[i fej[dY_Wi" Yece ;ijWZeiKd_Zeio@WfŒd$ I[jhWjW"[iei‡"Z[b_dY_Z[dj[c|ii[h_e[djh[ bWiZeidWY_ed[iZ[iZ[[b\_dZ[bW]k[hhWZ[ 9eh[W"[d'/+)"YedkdWjh[]kW$;iZ[Y_hgk["
ĹŠ
ĹŠ ĹŠ
,)' . ) ( ( ) ÂśGk[ jeZe fheZkYje [YkWjeh_Wde YWh[Y[ Z[ lWbeh fk[i" Fhec[j[e Z[fehjWZe" kd \_bc[ [c_d[dj[# c[dj[ [YkWjeh_Wde" dei Z[ck[i# jhW jeZe be YedjhWh_e" WfWhj[ Z[ ^WY[hdeil[hbW[njh[cWh[Wb_ZWZ" YedckY^Wi|j_hWoXk[d^kceh" Z[bWc_]hWY_ÂŒd^WY_WejheifW‡i[i$ Feb‡j_Yeigk[fhec[j[d"ogk[bk[]e Z[Y[fY_edWdWiki[b[Yjeh[i"f[hie# dWi_bki_edWZWiZ[gk[kdC[i‡Wi bb[]Wh|WiWblWhbeioYWcX_Wh|iki
jƒYd_YWc[dj["[bYed\b_YjeXƒb_Ye[djh[bWiZei dWY_ed[i^[hcWdWide^Wj[hc_dWZe$ ;b^[Y^ei[fheZk`efeYeiZ‡WiZ[ifkƒiZ[ gk[i[h[l[bWhWgk[9eh[WZ[bDehj[be]hÂŒYedi# jhk_hkdWceZ[hdWfbWdjWZ[[dh_gk[Y_c_[dje Z[khWd_e"bWgk[feZh‡Wi[h[cfb[WZWfWhWbW \WXh_YWY_ÂŒdZ[c|iWhcWidkYb[Wh[i$ Begk[dei[[dj_[dZ["o[ie^WY[bWi_jkWY_ÂŒd c|if[b_]heiW"[ifehgkƒ9eh[WZ[bDehj[WYkZ[ WbW\k[hpWXƒb_YWodeWbWZ_fbecWY_Wgk[jWdje [leYW$7dei[hgk[[bĂˆIkfh[ceB‡Z[hÉA_c @ed]#_b"[dc[Z_eZ[ik[d\[hc[ZWZ"[ijƒZ[b_# hWdZeoXkigk[fei[i_edWhYedc_i_b[dcWde Wbdk[le^[h[Z[he"ik^_`eA_c@ed]#kd$ E`Wb|bWi_jkWY_ÂŒddei[Z[iXehZ[oj[hc_# d[cei[dkdW]k[hhWoWdeZ[eXki[i"i_deZ[ cWoeh[iWbYWdY[ioYedckY^eifhejW]ed_ijWi [d[iY[dW$
l_ZWi"heijheiZ[[dehc[Z[Y[fY_ÂŒd Wbl[hgk[fehgk_[d[iik\hW]Whed" fehkdWbkpZ[[if[hWdpW"i[Z[ilW# d[Y[dYedbei\edZeif‘Xb_Yei$ ;b[Yjeh[i \hkijhWZei" Z[i[if[# hWZeifehde[dYedjhWhbWefehjk# d_ZWZZ[ikf[hWhi["efehjkd_ZWZ gk[ikfhef_efW‡ib[d_[]W$Âľ;bl‡W YhkY_ij[hc_dWW^‡5Fk[ide"h[ikbjW gk[Wbbb[]WhWbfW‡iZ[ik[b[YY_ÂŒd" fWhW^WY[hh[Wb_ZWZ[bik[‹e_cW# ]_dWZe"ik\h[dbW[ij_]cWj_pWY_ÂŒd oZ_iYh_c_dWY_ÂŒdfehi[hZ[hWpWi oX_ej_feiÆZ_ij_djeiÇ$ F[hec|iZebeheieW‘d[iZ[i# f[hjWhoZ[iYkXh_hgk[Wbh[Z[Zeh Z[beic_]hWdj[ide^WoWb]k_[dW gk_[dZ[Y_hb[i"Xk[deiZ‡Wi"Wgk_[# d[iWXhWpWh"Wgk_[d[il[hYh[Y[h" Wgk[bbei gk[ dei f[hc_j[d Z[Y_h gk[fehc|i`eZ_ZWgk[[ijƒbWi_jkW# Y_ÂŒd"i_[cfh[^Wogk[f[hi[l[hWh" Âľfehgk_[d[i5"Âśfk[ifeh[bbei
Gk[ [d eYWi_ed[i gk[h[cei Z[`Wh[bWY[djeobei]kijeiYh_ebbei" fehWZefjWhYeijkcXh[ibeYWb[i"e c[`ehZ_Y^eW`[dWi"fWhWjhWjWhZ[ fWh[Y[hdeiYWi__]kWbWbeiZ[[iWi \h‡Wij_[hhWi"f[he[d[b\edZei[W‹ehW dk[ijhWiWpŒd"dk[ijhWj_[hhW"dk[i# jhWiYeijkcXh[i"dk[ijhW^_ijeh_W$ Fhec[j[eZ[fehjWZe"Z[X[i[h kdWXWdZ[hWgk[WdkdY_[dk[ijhW c|i]hWdZ[fhej[ijW^WY_Wgk_[d[i \k[hed bei ]hWdZ[i h[ifediWXb[i Z[bW[dehc[c_]hWY_ŒdZ[Yec# fWjh_ejWi o Z[ bW Z_ihkfY_Œd Z[ jeZWibWi\Wc_b_WiW\[YjWZWifehbW i[fWhWY_Œd$ :[X[ i[h kd j[cW Whj‡ij_Ye Z[ _d][dj[eh]kbbefWhWdeiejhei"WZ[# c|iZ[i[hgk_ƒddeiZW[b\k[]e fWhWfeZ[hh[YbWcWho[n_]_hgk[ [ije"bWc_]hWY_Œdoi[fWhWY_ŒdZ[ bWi\Wc_b_Wi"dkdYWc|iZ[XWlebl[h Wh[f[j_hi[$
ĹŠ ĹŠ
Ä“
(Ĺ‹ &Ĺ‹2., ')Ĺ‹ ,# (. C_[djhWi Wgk‡ dei fh[fWhWcei WbWY[b[XhWY_ÂŒdZ[bWi<_[ijWiZ[ Gk_je"YedbW[b[YY_ÂŒdZ[bWh[_dW" obWiWY[hjWZWiZ_ifei_Y_ed[igk[ jhWjWdZ[h[ijh_d]_h[bWXkieZ[b WbYe^ebWbc[dei[dbWl‡Wf‘Xb_# YW"[iYedl[d_[dj[jWcX_ƒdc_hWh c|iWbb|Z[dk[ijhWi\hedj[hWi$ BW\k[hj[j[di_ÂŒd[djh[9eh[W Z[bDehj[o9eh[WZ[bIkhbb[]ÂŒ[b cWhj[i fWiWZe W cWj[h_Wb_pWhi[ [d[bWjWgk[fehfWhj[Z[bWi\k[h# pWic_b_jWh[idehYeh[WdWiWbW?ibW Z[O[edfo[ed]"WYY_ÂŒd[d[bgk[ ckh_[hedZeiiebZWZeioZeiY_l_# b[iikhYeh[Wdei$I_fehkdWfWhj[ DehYeh[Wi[Z[Ă’[dZ[WĂ’hcWdZe gk[WYjkÂŒ[dZ[\[diWfhef_Wo[d 9eh[WZ[bIkhi[Yedi_Z[hWgk[ [b =eX_[hde Z[X_ÂŒ ^WX[h jecW# Ze c[Z_ZWi c|i \k[hj[i feh bW e\[di_lWdehYeh[WdW"[bYedĂ“_Yje jhWiY_[dZ[ckY^ec|iWbb|Z[bWi \hedj[hWi[djh[bWiZei9eh[Wi$ ;ijWZei Kd_Zei h[_j[hÂŒ ik WfeoeW9eh[WZ[bIkhoZ[Y_Z_ÂŒ [dl_Wh^WY_WbWf[d‡dikbWYeh[W# dWkdfehjWl_ed[idkYb[Whgk[ jhWdifehjW-+Wl_ed[iokdWjh_# fkbWY_ÂŒd Z[ Wbh[Z[Zeh Z[ i[_i c_b f[hiedWi" fWhW cWd_eXhWi c_b_jWh[iYed9eh[WZ[bIkhgk[ [b=eX_[hdeZ[MWi^_d]jedcW# d_\[ijÂŒ[ijWXWdfbWd[WZWiZ[iZ[ Wdj[iZ[bWjWgk[$ ;b=eX_[hde[ijWZekd_Z[di[ f_Z_ÂŒW9^_dWgk[ki[ik_dĂ“k[d# Y_WoW"gk[[i[b‘d_YefW‡igk[bW j_[d[[d9eh[WZ[bDehj["i[]‘d [nfh[iÂŒ jWcX_ƒd [b 7bc_hWdj[ @[\[Z[;ijWZeCWoeh9ed`kdje [ijWZekd_Z[di[$ BW h[ifk[ijW Z[ 9^_dW [i \kdZWc[djWbfWhWYedeY[hi_[b YedĂ“_Yje i[ [nj_[dZ[ c|i Wbb| Z[bWf[d‡dikbWYeh[WdWei_bW ]hWdfej[dY_WWi_|j_YWi[Z[Ă’d[ fehkd[i\k[hpefehbWfWp[dbW h[]_ÂŒd$ BW_dj[hl[dY_ÂŒdZ[bWiEh]Wd_# pWY_ÂŒdZ[DWY_ed[iKd_ZWij[dZh| jWcX_ƒd ]hWd _cfehjWdY_W fWhW iWblW]kWhZWh bW fWp [d 9eh[W o debb[]k[ceiW[dYedjhWhdeiWdj[ kdYedĂ“_YjeZ[j_feh[]_edWbec|i Wbb|Z[bWh[]_ÂŒd$;iWjeZeiWgk_[# d[iYehh[ifedZ[[ijWhl_]_bWdj[i fWhWWi[]khWhbWfWp$ (1. +(-.Äž+ '.1 Ä“!.,Ä“#!
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 }ĹŠ ĹŠÂĄ ĹŠĹŠ ĹŠĹŠÂĄ ĹŠ "(3.1 ĹŠ#-#1 +
ĹŠ ÂĄ ĹŠ "(3.1ĹŠ#%(.- + ĹŠ ĹŠ^ "(3.1( +ĹŠ (-.3 41.ĹŠÄ“Ä“ (1#!!(¢-Ä–ĹŠ.+~5 1ĹŠ8ĹŠ.! $4#13#ĹŠ#204(- ĹŠÄ¸ÄŒ3.Ä“/(2.Äš #+_$.-.2ĖŊĉÄ?ĉŊđÄ?ŊććŊŊŊŊĉÄ?ĉŊđÄ?Ŋćĉ , (+Ä–ĹŠ#2,#1 +" 2Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠ.Ä“ĹŠÄ?Ä?Ä?ÄŽ
666ē+ '.1 ē!.,ē#! 2Ŋ3 Ŋ2#!Ŋ!(¢-Ŋ1#Ŋ/1#Ŋ2#-Ŋ3 Ŋ+ Ŋ./(Ŋ-(¢-Ŋ"#Ŋ+.2Ŋ#"(Ŋ3.Ŋ1#2ēŊ .2Ŋ#2Ŋ!1(Ŋ3.2Ŋ"#Ŋ+.2Ŋ !.Ŋ+ Ŋ .Ŋ1 Ŋ".Ŋ1#2Ŋ2.Ŋ+.Ŋ!.,Ŋ/1.Ŋ,#Ŋ3#-Ŋ Ŋ242Ŋ 4Ŋ3.Ŋ1#2Ŋ8Ŋ-.Ŋ1#ŊĄŊ#Ŋ) -Ŋ -#Ŋ!#Ŋ2 Ŋ1( Ŋ,#-Ŋ3#Ŋ#+Ŋ/#-Ŋ2 Ŋ,(#-Ŋ3.Ŋ"#+Ŋ/#Ŋ1(¢Ŋ"(Ŋ!.ē
7ŏĂĉŏŏ ŏŏĂĀāĀ
ŏ+. ŏ
Ĉ
.,/ 13(1ũ8ũ"(2$143 1
ĉ
Ăĉŏŏ ŏŏĂĀāĀ
ŏ+. ŏ
)( ,. ,(#4,ŋ /,(. ŋ&)-ŋ .)-ŋ-) #& -ŋ -ŋ*,#'), #&ŋ*,ŋ &)-ŋ -' ,& )-ŋ+/ ŋ*,)0 "(ŋ&ŋ) -#(ŋ*,ŋ#(. , 'Ě #,ŋ(Z ).-ŋ3ŋ -.,ŋ-# '*, ŋ. (.)-ŋŋ(/ -.,)ŋ& (. Ą
¢-(! ũ4(-3#1.Ĕũ 1(2#+ ũ~ 9Ĕũ,_1(3 ũ , !'.Ĕũ (1( -ũ;-!'#9ũ8ũ+ "(2ũ (-.).2 ē 1~ ũ"#ũ (#+#2Ĕũ+.(2 ũ"#ũ 1 Ĕũ 8"#_ũ"#ũ.2#1.ũ8ũ .+ -" ũ"#ũ.1.-#+ē
#1314"(2ũ4(-3#1.ũ8ũ#!(+( ũ"#ũ 1!~ ē
+#%1#ũ2.1/1#-"(,.2ũ ũ+ ũ$4-!(.- 1( ũ"#+ũ'.2/(3 +ũ"#+ũ Ĕũ -!8ũ+ 1!¢-ē 4,/+(#-".ũ242ũ$4-!(.-#2ũ#-!.-31 ,.2ũ ũ .2_ũ .1 ē
.-3#-3 2ũ#2345(#1.-ũ#1#2 ũ.-9;+#9Ĕũ.#,~ũ"#ũ#8ũ8ũ+(9 #3'ũ.-!#ũ"#ũ +,#".ē
ăĵāĆ āćăćĆ
~1 1"ũ#1- 9 Ĕũ4(++#1,.ũ .204#1 Ĕũ1#!3.1ũ"#ũ+ ũ-(5#12(" "ũĥ 4(2ũ 1% 2ũ.11#2Ħėũ(3.1ũ1 (- Ĕũ/1.ı1#!3.1ũ"#ũ+ ũ-(5#12(" "ũ 3¢+(! Ĕũ8ũ "4 1".ũ# .++#".ē
ũũ
2ũ4-(5#12(" "#2ũĥ 4(2ũ 1% 2ũ.11#2Ħũ8ũ 3¢+(! ũ"#ũ2,#1 +ı " 2ũăũ1, 1.-ũ4-ũ!.-5#-(.ũ"#ũ!../#1 !(¢-ũ#-ũ#+ũ;1# ũ"#ũ(-5#23(ı % !(¢-ũ!(#-3~ăũ! ũ8ũ#"4! 3(5 ũ/.1ũ#+ũ+ /2.ũ"#ũ".2ũ .2ē +ũ. )#3(5.ũ#2ũ31 ) 1ũ#-ũ/1."4!3.2ũ04#ũ #-#ăũ!(#-ũ ũ+ ũ/1.ı 5(-!( ũ"#ũ2,#1 +" 2ũ!.,.ũ#-ũ31 -2$#1#-!( ũ"#ũ3#!-.+.%~ ũ8ũ 5(-!4+ !(¢-ũ!.-ũ+ ũ2.!(#" "ē
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ĺ‹-š&)Ĺ‹ &.Ĺ‹ -#!(,Ĺ‹Ĺ‹ ' $ ), ;bWdkdY_egk[beifh[i_Z[dj[i Z[;YkWZeh"HW\W[b9ehh[W"oZ[ 9ebecX_W"@kWdCWdk[bIWdjei" ^_Y_[hed[bl_[hd[ifWhWYedĂ’h# cWhiklebkdjWZZ[h[[ijWXb[Y[h fb[dWc[dj[bWih[bWY_ed[iZ_fbe# c|j_YWi^W][d[hWZe[nf[YjWj_lW [djh[bei[dj[dZ_Zei[dh[bWY_e# d[i_dj[hdWY_edWb[i$ ;b[nYWdY_bb[h"CWhY[be<[h# d|dZ[p" Wi[]khÂŒ gk[ Æ[i kdW f[dWgk[bWih[bWY_ed[ijeZW# l‡Wde[ijƒdWbd_l[bgk[Z[X[d j[d[hÇoZ[ijWYÂŒbW_cfehjWdY_W Z[fheY[Z[h"bec|ifhedjefe# i_Xb["WbdecXhWc_[djeZ[[c# XW`WZeh[iÇ[dYWZWfW‡i$ ;b Z_fbec|j_Ye W]h[]ÂŒ gk[ W^ehW ^Wo kd WcX_[dj[ fhe# f_Y_e fWhW jhWjWh j[cWi c|i [if[Y‡ÒYei"Yece[bdWhYejh|#
( &/-#š(Ĺ‹ / .#0 )(Ĺ‹#(0 ,-#š(Ĺ‹ *)-#.#0 :[iZ[^WY[jh[iW‹eioc[Z_e" YedkdW_dl[hi_ÂŒdZ[kdc_bbÂŒd *'(c_b)-/ZÂŒbWh[ibW<kdZW# Y_ÂŒd =[d[hWb ;YkWjeh_WdW [d jhWXW`eYed`kdjeYed[bC_d_i# j[h_eZ[;ZkYWY_ÂŒdh[Wb_pWhed W [iYWbW dWY_edWb [b fheo[Yje Ăˆ?dYbki_ÂŒdZ[d_‹eio`ÂŒl[d[i Yedd[Y[i_ZWZ[i[ZkYWj_lWi[i# f[Y_Wb[iWbi_ij[cW;ZkYWj_le ;YkWjeh_WdeÉ$ ;b eX`[j_le Z[ [ij[ jhWXW`e _dj[h_dij_jkY_edWb[ijhWdi\eh# cWh[iYk[bWih[]kbWh[i[d[i# Yk[bWi_dYbki_lWiZ[YWb_ZWZ$ ÆI[ YedijhkoÂŒ [b ceZ[be Z[ _dYbki_ÂŒdoi[Wfb_YÂŒ[d)&[i# Yk[bWiWX_[hjWifWhWjeZei"XWiW# ZWi[d[bZ[h[Y^ekd_l[hiWbWbW [ZkYWY_ÂŒd"gk[Wj_[dZ[dWjeZei beid_‹eiYedbWiYWhWYj[h‡ij_YWi" d[Y[i_ZWZ[i" fej[dY_Wb_ZWZ[i e b_c_jWY_ed[igk[j[d]WdÇ"_dZ_YÂŒ @eh][BkdW"fh[i_Z[dj[Z[bW<kd# ZWY_ÂŒd=[d[hWb;YkWjeh_WdW$
Ă’YeebeiYebecX_Wdei_dZeYk# c[djWZeigk[l_l[d[d;YkW# Zeh$Æ>Wogk[Wfhel[Y^Wh[i[ WcX_[dj[ fWhW iebkY_edWh bei Z_ij_djei fheXb[cWi gk[ bei Zei fW‡i[i j_[d[dÇ" ieijkle <[hd|dZ[p$ FehikfWhj["[b[nYWdY_bb[h Bk_i DWhl|[p Z_`e gk[ [ij[ WdkdY_egk[i[^_pe[d=koW# dW" bk[]e Z[ bW 9kcXh[ Z[ bW Kd_ÂŒdZ[DWY_ed[iIkhWc[h_# YWdWi KdWikh \k[fei_j_leo i[Yedij_jko[[dÆkdfWieWZ_# Y_edWb ^WY_W bW \ehcWb_pWY_ÂŒd Z[bWih[bWY_ed[iX_bWj[hWb[iÇ$ ÆOeYh[egk[oWZ[X[d[ijWh h[l_iWdZebeidecXh[iZ[bei YWdZ_ZWjei fWhW [cXW`WZe# h[i $DeYh[egk[i[Wkdj[cW gk[YWki[Z_Ă’YkbjWZÇ"W]h[]ÂŒ$
.-.9!
#24+3 ".2ĹŠ"#+ĹŠ/1.8#!3.
ŗŊĊćŊ#2!4#+ 2ĹŠ(-!+42(5 2Ä“ Ĺ—ĹŠÄˆÄŠÄ‰ĹŠ-( .2ĹŠ!.-ĹŠ"(2! / !(" "ĹŠ(-!+4(".2Ä“ ĹŠÄ‘ÄˆÄ‘ĹŠ/#12.- 2ĹŠ"#ĹŠ#2!4#+ 2ĹŠ(-!+42(5 2ĹŠ Ĺ—! / !(3 " 2Ä“ĹŠ
(+(9 ".2Ä“ Ĺ—ĹŠÄŒÄ?ÄŒÄ‘ĹŠ/ "1#2ĹŠ"#ĹŠ$ ,(+( ĹŠ2#-2( (+(9 ".2Ä“ ŗŊĒćĊĎŊ +4,-.2ĹŠ2#-2( (+(9 ".2Ä“ ŗŊĉĒĊĉŊ, #231.2ĹŠ2#-2( Ĺ—ĹŠÄŠÄ‰ÄŒĹŠ#2!4#+ 2ĹŠ"#ĹŠ+ ĹŠ9.- ĹŠ"#ĹŠ(-Ä„4#-!( Ä“ ĹŠÄŒÄŽĹŠ/1.$#2(.- +#2ĹŠ! / !(3 ".2ĹŠ#-ĹŠ Ĺ—(-2#1!(¢-ĹŠ+ .1 +Ä“
."#+.ĹŠ#7(3.2.
:[WYk[hZeWBkdW"[bceZ[be Z[_dYbki_ÂŒdi[XWiÂŒ[d[bjhW# XW`e Yed jeZW bW Yeckd_ZWZ" Wfb_YWY_ÂŒdZ[bei‡dZ_Y[i[dbW [iYk[bW"YedijhkYY_ÂŒdZ[bFhe# o[Yje;ZkYWj_le?dij_jkY_edWb ?dYbki_le F;?? "Z[iWhhebbeZ[ feb‡j_YWi" fh|Yj_YWi o YkbjkhW _dYbki_lWo[b_d_Y_eZ[bfheY[ie Z[jhWdi\ehcWY_ÂŒd"Z[bW[iYk[# bW"Z[WYk[hZeWbF;??$ 7bXW Jeb[Ze" ikXi[Yh[jW# h_W Z[ 9Wb_ZWZ ;ZkYWj_lW Z[b C_d_ij[h_e Z[ ;ZkYWY_ÂŒd cW# d_\[ijÂŒ0 Æ9ed kdW [ZkYWY_ÂŒd _dYbki_lW bei d_‹ei" d_‹Wi o `ÂŒl[d[iYedd[Y[i_ZWZ[i[if[# Y_Wb[iWbYWdpWh|dikZ[iWhhebbe obW_dj[]hWY_ÂŒdieY_WbÇ$
Ä“ĹŠ .2ĹŠ-(Â .2ĹŠ!.-ĹŠ! / !(" "#2ĹŠ#2/#!( +#2ĹŠ8 ĹŠ!4#-3 -ĹŠ!.-ĹŠ4-ĹŠ /.8.ĹŠ (-3#%1 +Ä“ĹŠ
Ä“ĹŠ#%ĂŒ-ĹŠ+ ĹŠ"(1#!3.1 ĹŠ"#ĹŠ+ ĹŠ.1/.1 !(¢-ĹŠ 13(!(/ !(¢-ĹŠ(4" " - ĔŊ43'ĹŠ(" +%.ĔŊ-.ĹŠ' 8ĹŠ!+ 1(" "ĹŠ#-ĹŠ+ 2ĹŠ!($1 2ĹŠ /1#2#-3 " 2Ä“
, -# ( #Ĺ‹()Ĺ‹$/-.#Ă° Ĺ‹ !-.)Ĺ‹ (Ĺ‹*/ &# # Ĺ‹ #%ĂŒ-ĹŠ+ ĹŠ4 2#!1#3 1~ ĹŠ"#ĹŠ4 +(!(" "ĹŠ "#ĹŠ+ ĹŠ1#2("#-!( ĔŊ 13(!(/ !(¢(4" " - ĹŠ, -#) ĹŠ!($1 2ĹŠ$ +2 2Ä“
.ĹŠ04#ĹŠ-.2.31.2ĹŠ,.Äą I[]‘d[bced_jeh[eZ[c[Z_eiZ[ -(3.1# ,.2ĹŠ#2ĹŠ,#-.2ĹŠ bW9ehfehWY_ÂŒdFWhj_Y_fWY_ÂŒd9_k# "#ĹŠ+ ĹŠ,(3 "ĹŠ"#ĹŠ+.ĹŠ04#ĹŠ ZWZWdW 9F9 "bWFh[i_Z[dY_WZ[ bWH[f‘Xb_YW]WijÂŒ(É'&/$/-/"*& + ĹŠ1#2("#-!( ĹŠ% 23 Ģē Z[ZÂŒbWh[i[dfkXb_Y_ZWZ[deYjk# Xh[$I[]‘dZWjeiZ[[ij[ced_je# ĹŠ ĹŠĹŠ ĹŠ ÂĄĹŠ Äą h[e"[ij[]Wijei[Z_ifWhÂŒZ[ifkƒi ÂĄĹŠ Z[bei^[Y^eiZ[b)&Z[i[fj_[c# Xh[" oW gk[ [b Wdj[h_eh c[i [d Wb,Z[eYjkXh[fehkdcedjeZ[ i[fj_[cXh[ "bWFh[i_Z[dY_W]WijÂŒ */$&&/"--ZÂŒbWh[i$;d[ijWYWc# *''$.(+ZÂŒbWh[i$ fW‹W"bWFh[i_Z[dY_W^WXh‡Wj[d_Ze :khWdj[ eYjkXh[" [b hƒ]_c[d Z[iYk[djeiZ[,+[d;YkWl_iW" iWYÂŒ h[_j[hWZWi YWZ[dWi dWY_e# .&[dHJIo=WcWjl"-+[d dWb[iojhWdic_i_ed[i[if[Y_Wb[i" JYj[b[l_i_ÂŒd"-&[d9WdWbKde [dbWigk[i[ZWXWYk[djWZ[bei oJ[b[hWcW"o+&[d[bYWdWbZ[b ^[Y^ei ikiY_jWZei [b )&#I o Z[ ;ijWZe";YkWZehJL$ beifei_Xb[ih[ifediWXb[io Yedif_hWZeh[i[dZ_Y^Wik# ĹŠ 1.,.!(¢-ĹŠ"#ĹŠ,(-(23#1(.2 BWejhWYWcfW‹W[i"i[]‘d Xb[lWY_ÂŒdfeb_Y_Wboc_b_jWh$ [b ikXi[Yh[jWh_e" kdW Z[
ĹŠ1#2("#-!( ĹŠ 23.ĹŠ#2ĹŠ,#-.1 -.ĹŠ' ĹŠ1#,(3(".ĹŠ+ ĹŠ YWhh[j[hWi" gk[ i[h‡W Z[b I_d[cXWh]e"bWFh[i_Z[dY_W ".!4,#-3 !(¢-ĹŠ C_d_ij[h_e Z[ EXhWi F‘# h[c_j_ÂŒkdeĂ’Y_eW[ijW9eh# 04#ĹŠ1#2/ +" ĹŠ "#2!4#-3.2ĹŠ/.1ĹŠ Xb_YWi CJEF oejhWZ[b fehWY_ÂŒd" _dZ_YWdZe gk[ !.-31 3.2ĹŠ.ĹŠ!.-Äą C_d_ij[h_e Z[ L_l_[dZW 5#-(.2ĹŠ(-3#1(-23(Äą [b ]Wije [d eYjkXh[ \k[ Z[ 34!(.- +#2Ä“ C_Zkl_ "gk[\k[hWZ_\kd# /($&-,"),ZÂŒbWh[i"[iZ[Y_h" Z_ZWZ[b(*Wb)'Z[eYjkXh[ Æ()l[Y[ic[dehÇZ[begk[ fehkdcedjeZ[*)$&,,"+/ 9F9_d\ehcÂŒ$;ij[eĂ’Y_e"ikiYh_je ZÂŒbWh[i$I[]‘d[ij[eĂ’Y_e"[d[ijWi fehEiYWhF_Ye"ikXi[Yh[jWh_eZ[ YWcfW‹Wi" bW Fh[i_Z[dY_W WYY[# _cW][d"fkXb_Y_ZWZofheceY_ÂŒd Z_ÂŒWbeic_iceiZ[iYk[djei$I_d [ Z[bWFh[i_Z[dY_WZ[bWH[f‘Xb_# [cXWh]e"[bced_jeh[e^[Y^efeh YW"ZWYk[djWZ[Y_[hjeiZ[iYk[djei 9FF^WY[kdZ[i]bei[Z[bei]Wi# Wbeigk[bWFh[i_Z[dY_Wj_[d[WYY[# jeiZ[YWZWkdeZ[beic_d_ij[h_ei ofehi[fWhWZeZ[bWFh[i_Z[dY_W ie[dbeiYWdWb[iZ[j[b[l_i_ÂŒd$ I[]‘d[bikXi[Yh[jWh_e"bWFh[# Z[bWH[f‘Xb_YW$ Feh[`[cfbe"i[]‘d[ij[ced_# i_Z[dY_WfkXb_Y_jÂŒZeiYWcfW‹Wi$ BWkdW[ibWYWcfW‹WZ[b'&Z[ jeh[e"[deYjkXh["[bCJEF]WijÂŒ W]eije" Z_\kdZ_ZW Z[b fh_c[he *..$*&*"/&ZÂŒbWh[ifeh[bYed#
-$.1,#Ŋ (-!.-2(23#-3# ŗŊŊ Ŋ"(1#!3.1 Ŋ"#Ŋ+ Ŋ.1/.1 !(¢-Ŋ "#Ŋ 13(!(/ !(¢-Ŋ(4" " - ĔŊ43'Ŋ
(" +%.ĔŊ(-"(! ĹŠ04#ĹŠ#23#ĹŠ(-$.1,#ĹŠ#2ĹŠ (-!.-2(23#-3#ĔŊ' + -".ĹŠ#-ĹŠ3_1,(-.2ĹŠ 3_!-(!.2ĔŊ#-ĹŠ/1(,#1ĹŠ+4% 1ĹŠ/.104#ĹŠ ,#-!(.- ĹŠ4- ĹŠ! ,/  Ŋ"#ĹŠ %.23.ĹŠ 04#ĹŠ/1#24-3 ,#-3#ĹŠ#2ĹŠ"($4-"(" ĹŠ#-ĹŠ .!34 1#ĔŊ "#,;2ĹŠ#+ĹŠ.ă!(.ĹŠ"#+ĹŠ24 2#!Äą 1#3 1(.ĹŠ-.ĹŠ" ĹŠ!4#-3 2ĹŠ"#ĹŠ04_ĹŠ! ,/  Ŋ 2#ĹŠ31 3 Ä“ĹŠ.1ĹŠ.31.ĹŠ+ ".ĔŊ#+ĹŠ.ă!(.ĹŠ"#ĹŠ ÂĄ2! 1ĹŠ(!.ĔŊ24 2#!1#3 1(.ĹŠ"#ĹŠ , %#-ĔŊ -.ĹŠ)423(ă! ĹŠ-(-%ĂŒ-ĹŠ% 23.ĹŠ/4 +(!(3 1(.ĹŠ "#ĹŠ+ ĹŠ1#2("#-!( Ä“ĹŠ (" +%.ĔŊ "#,;2ĔŊŊ#7/+(!¢Ŋ04#ĹŠ #+ĹŠ,.-(3.1#.ĹŠ2.+.ĹŠ#2ĹŠ'#!'.ĹŠ ĹŠ-4#5#ĹŠ ! - +#2ĹŠ"#ĹŠ35Ä“ ÄĄ , %~-#2#ĹŠ#+ĹŠ,.-3.ĹŠ"#ĹŠ% 23.ĹŠ2(ĹŠ 2#ĹŠ,.-(3.1# ĹŠ3 , (_-ĹŠ!4 2ĹŠ"#ĹŠ1 "(.ĔŊ /1#-2 ĹŠ8ĹŠ5 ++ 2ĹŠ/4 +(!(3 1( 2ĢĔŊ %1#%¢ē
Y[fjeZ[()+c_dkjeiZ[fkXb_Y_# ZWZobWFh[i_Z[dY_W^WXh‡W]Wi# jWZe(É'&/$/-/"*&Z[ZÂŒbWh[ifeh '$'&+ c_dkjei$ ;ij[ ced_jeh[e jWcX_ƒdi[fWhWbeZ[i[cXebiW# ZefehbWI[Yh[jWh‡WDWY_edWbZ[ 9eckd_YWY_ÂŒdZ[bWFh[i_Z[dY_W" gk[[deYjkXh[]WijÂŒ.+$(+/"(& feh)(c_dkjeiZ[fkXb_Y_ZWZ$ 1($ 2ĹŠ!.,#1!( +#2
9F9h[YedeY[[dik_d\ehc[gk[ [ijeihkXheih[ifedZ[dWbWijW# h_\WiYec[hY_Wb[iehZ_dWh_WiZ[ beiYWdWb[iZ[JL$Feh[ij[cej_# le"^WY[Zeic[i[i"[ijW9ehfe# hWY_ÂŒdieb_Y_jÂŒWbWFh[i_Z[dY_W beih[]_ijheiZ[beiZ[iYk[djei h[Y_X_Zei[dbWfkXb_Y_ZWZfWhW feZ[hW`kijWhbeiWbced_jeh[e$
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. ÄŒĹ?
Ä‚
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. ÄŒĹ?
.Ŋ2#Ŋ5 Ŋ Ŋ , -(/4+ 1Ŋ + Ŋ(-$.1, Ĺ !(¢-Ŋ/ 1 Ŋ/#1)4Ĺ "(! 1Ŋ Ŋ+ 2Ŋ/#12.Ĺ - 2ēŊ42! ,.2ŊŊ!.-.!#1Ŋ+ 2Ŋ !.-"(!(.-#2Ŋ"#Ŋ5(" Ŋ"#Ŋ+ Ŋ /. + !(¢-Ŋ/ 1 Ŋ.$#13 1Ŋ+.2Ŋ 2#15(!(.2Ģē ^Ŋ }
ĹŠ ĹŠĹŠ Ä“
ĹŠ 43.Äą ("#-3(ă! Äą !(¢-ĹŠ2#15(Äą 1;ĹŠ"#ĹŠ 2#ĹŠ / 1 ĹŠ+ ĹŠ!.-2Äą 314!!(¢-ĹŠ"#+ĹŠ23 ".ĹŠ/+41(Äą - !(.- +ĹŠ#ĹŠ(-3#1!4+341 +Ä“ĹŠ "#,;2ĹŠ2#ĹŠ/."1;ĹŠ!.-.!#1ĹŠ #-ĹŠ/1.$4-"(" "ĹŠ!4;+ĹŠ#2ĹŠ+ ĹŠ /. + !(¢-ĹŠ $1.#!4 3.1( - ĹŠ #ĹŠ(-"~%#- Ģē ĹŠ
ĹŠĹŠ ĹŠ ĹŠ ĹŠ Ä“
ĹŠ 43.Äą ("#-3(ÄƒÄą ! !(¢-ĹŠ"#ĹŠ +.2ĹŠ!(4" " -.2ĹŠ #2ĹŠ$4-" ,#-3 +ĹŠ / 1 ĹŠ04#ĹŠ"#2"#ĹŠ#+ĹŠ1#24+Äą 3 ".ĹŠ"#+ĹŠ#-2.ĹŠ2#ĹŠ3.,#-ĹŠ "#!(2(.-#2ĹŠ"#ĹŠ/.+~3(! 2ĹŠ /ĂŒ +(! 2Ģē ĹŠ Ä” }ĹŠĹŠĹŠ Ä“
Ŋ(-$.1Ĺ , !(¢-Ŋ04#Ŋ 2#Ŋ. 3#-% Ŋ 2#1;Ŋ"#Ŋ! 1;!3#1Ŋ 1#2#15 ".Ģē Ŋ
}
ĹŠ ĹŠ Ä“ĹŠ
-ĹŠ!($1 2
#12.- +ĹŠ04#ĹŠ/ 13(!(/ 1; "41 -3#ĹŠ#+ĹŠ!#-2.
ÄŠÄ?ĈēĎćđ Ĺ—ĹŠ234"( -3#2Ä–ĹŠ ĉĉēĉĈÄ? Ĺ—ĹŠ,/ "1.- ".1#2Ä–ĹŠ ĉÄ?Ä“Ä?ćČ Ĺ—ĹŠ #$#2ĹŠ"#ĹŠ2#!3.1Ä–ĹŠ ÄŠÄ“Ä?Čđ Ĺ—ĹŠ #$#2ĹŠ"#ĹŠ9.- Ä–ĹŠ ĉÄ?ć Ĺ—ĹŠ #$#2ĹŠ"#ĹŠ"(231(3.Ä–ĹŠ Ĉēććć Ĺ—ĹŠ #$#2ĹŠ)41(2"(!!(.- +#2Ä–ĹŠ Ĺ—ĹŠ84" -3#2ĹŠ)41(2"(!!(.- +#2Ä–ĹŠ ÄŽÄ?Ä? ČĈÄ? Ĺ—ĹŠ2(23#-3#2ĹŠ3_!-(!.2Ä–ĹŠ ÄŒ Ĺ—ĹŠ#2/.-2 +#2ĹŠ1#%(.- +#2Ä–ĹŠ ĉČ Ĺ—ĹŠ4/#15(2.1#2ĹŠ1#%(.- +#2Ä–ĹŠ Ä–ĹŠ
ČĈÄ?ēĉĎĒ
Ä?YĹ‹Ĺ‹Ĺ‹ Ĺ‹ÄŽ
Ä“ĹŠ234"( -3#2ĹŠ$.1,4+ 1;-ĹŠ+ 2ĹŠ/1#%4-3 2ĹŠ"#+ĹŠ#-2.ĹŠÄ‰Ä‡ÄˆÄ‡Ä“ĹŠ
-"~%#- 2Ŋ8Ŋ $1.#!4 3.1( -.2Ŋ 2/(1 -Ŋ Ŋ04#Ŋ+.2Ŋ1#24+3 ".2Ŋ "#+Ŋ#-2.Ŋ 11.)#-Ŋ242Ŋ1# +(" Ĺ "#2ēŊ- Ŋ/1#.!4/ !(¢-Ŋ"#Ŋ+.2Ŋ . (#1-.2Ŋ43¢-.,.2Ŋ#2Ĺ !#-31 +(9 ".2ŊŊ#2Ŋ+ Ŋ 2(%- !(¢-Ŋ %4 #1- ,#-3 +Ŋ#-Ŋ 2#Ŋ Ŋ+ 2Ŋ -#!#2(" "#2Ŋ ;2(! 2Ŋ(-2 3(2$#Ĺ !' 2Ŋ"#Ŋ24Ŋ/. + !(¢-ē
j_[d[YWZWi[YjehieY_Wb"[b9[dief[hc_j_h|YedeY[hdeiÇ"[nfb_YÂŒ$ BW_cfehjWdY_WjWcX_ƒdbWh[iWbjW[bi[Yh[jWh_eZ[bWI[Yh[jWh‡W DWY_edWbZ[FbWd_Ă’YWY_ÂŒdo:[iWhhebbe I[dfbWZ[i "H[d[HWc‡h[p" fWhWgk_[dÆ[id[Y[iWh_eYedeY[hYk|djeiiecei"ZÂŒdZ[[ijWceio YÂŒce[ijWceil_l_[dZeÇ"begk[fei_X_b_jWh|Yh[Whfhe]hWcWiZ[fbW# d_Ă’YWY_ÂŒdWbWh]efbWpeo[d\eYWZei[dZ_\[h[dj[id_l[b[i$ÆDeif[h# c_j[^WY[hkdWfbWd_Ă’YWY_ÂŒdc|iZ[Y_hk`WdeÇ"Z_`e$ F[hedeiebe[b=eX_[hdei[X[d[Ă’Y_Wh|Z[beih[ikbjWZeiZ[b9[d# ie$FWhW[bZ_h[YjehZ[b?dij_jkjeDWY_edWbo;ijWZ‡ij_YWio9[diei ?D;9 "8ohedL_bbWY‡i"Æ[b9[diei[h|‘j_bfWhWgk[jeZeibeiWYjeh[i" jWdjef‘Xb_YeiYecefh_lWZei"jec[dZ[Y_i_ed[igk[c[`eh[ddk[i# jhWiYedZ_Y_ed[iZ[l_ZWÇ$ #-3 2
Beih[ikbjWZeigk[Whhe`[[b9[diei[h|dZ[j[hc_dWdj[ifWhWbWZ_i# jh_XkY_ÂŒdZ[beih[YkhieiZ[b;ijWZeWbei=eX_[hdei7kjÂŒdecei:[i# Y[djhWb_pWZei =7: "[dXWi[Wbd‘c[heZ[^WX_jWdj[iod[Y[i_ZWZ[i X|i_YWi_diWj_i\[Y^Wi$Feh[bbe"WbYWbZ[iYece[bZ[=kWoWgk_b"@W_c[ D[Xej"ieb_Y_jWkdfeiY[diefWhWgk[i[_dYbkoWWbWfeXbWY_ÂŒdĂ“ejWd# j[ l[h[djh[l_ijW $ FWhW7oWbWCehW"Æ[b\kjkhei[ck[ijhWWb[djWZehoWgk[[b9[die f[hc_j_h|fbWd_Ă’YWhZ[c[`ehcWd[hWbWZ_ijh_XkY_ÂŒdZ[beih[Ykhiei [ijWjWb[iÇ$ 7[ije"bWb[]_ibWZehWZ[FWY^Wakj_a FA ":_WdW7jWcW_dj"W‹WZ[ gk[bWidk[lWi[ijWZ‡ij_YWiZ[X[h|di[hl_hfWhWgk[bei=7:j[d]Wd kd_dZ_YWZehfWhWbWZ_ijh_XkY_ÂŒd[gk_jWj_lWZ[beih[YkhieiZ[b;i# jWZe$ ÆI_[ij[jhWXW`elWWi[hWfhel[Y^WZefWhWbb[lWhWZ[bWdj[bWh[# Z_ijh_XkY_ÂŒdZ[bWh_gk[pW"bW[gk_ZWZobW_dYbki_ÂŒdieY_Wbi[h|kdW ^[hhWc_[djW\kdZWc[djWbfWhWgk[[ij[=eX_[hdeh[jec[ikfeb‡j_YW _d_Y_WbfbWdj[WZWodei[Wi_cfb[c[dj[fWhWZ[Y_hgk[[n_ij_cei'+ÂŒ ',c_bbed[iZ[[YkWjeh_WdeiofkdjeÇ"Z_`e$
b[]ÂŒbW>ehW9[hefWhW[bL??9[dieZ[FeXbWY_ÂŒdoL? Z[L_l_[dZW$:[iZ[bWi&-0&&Z[^eoo^WijWbWi'-0&&" kdjejWbZ[),'$+&.[ijkZ_Wdj[iY[diWZeh[il_i_jWh|d bei^e]Wh[iZ[jeZe[b;YkWZehfWhW\ehckbWh-'fh[# ]kdjWigk[f[hc_jWdj[d[hÆkdWhWZ_e]hW\‡WZ[bfW‡iÇ" i[]‘dbeZ[Ă’d_ÂŒ@eh][=WhY‡W"ikXZ_h[YjehZ[b?dij_jk# jeDWY_edWbZ[;ijWZ‡ij_YWio9[diei ?D;9 $ ;bYk[ij_edWh_eY[diWb[ij|Yecfk[ijefehYkWjhei[YY_ed[i0:Wjei Z[bWl_l_[dZW ',fh[]kdjWi "ZWjeiZ[b^e]Wh '+fh[]kdjWi "h[c[iWi o[c_]hWY_ÂŒd *fh[]kdjWi "ZWjeiZ[feXbWY_ÂŒd )/fh[]kdjWi $I[Y# jeh[ifeb‡j_YeioieY_Wb[iYedikbjWZeifehBW>ehWYed\‡Wd[dgk[bei h[ikbjWZeigk[Whhe`[[b9[diei[hl_h|dfWhWgk[[bHƒ]_c[d[bWXeh[ feb‡j_YWif‘Xb_YWigk[W\kjkhei[WdX[d[Ă’Y_eiWifWhWbWieY_[ZWZ[d ikYed`kdjeokdWWZ[YkWZWZ_ijh_XkY_ÂŒdZ[h[YkhieiWbei]eX_[hdei 43.("#-3(ă! !(¢i[YY_edWb[i$ BWfh_dY_fWbfh[eYkfWY_ÂŒdZ[bi[Yjeh_dZ‡][dW l[hh[YkWZhe [ij| ZWZWfeh[iYbWh[Y[hYk|djeiied$7jWcW_djWif_hWWgk[[b9[diej[d# ,/.13 -!( ]Wƒn_jeogk[ÆjeZeibei[YkWjeh_WdeiYedij[cei[dbWi[ijWZ‡ij_YWiÇ FWhW7oWbWCehW"Z[iZ[[b9[dieWdj[h_ehoWi[[ijWXb[Y_ÂŒkdWWk# FWhW[b^_ijeh_WZehoh[YjehZ[bWKd_l[hi_ZWZ7dZ_dWI_cÂŒd8eb‡lWh" ;dh_gk[7oWbWCehW"[b9[die[i\kdZWc[djWbfWhW[bZ[iWhhebbeZ[b je_Z[dj_Ă’YWY_ÂŒdƒjd_YWoi[bW^_peYedkdd_l[bWY[fjWXb[Z[fh[Y_i_ÂŒd fW‡i"oWgk[i_d_d\ehcWY_ÂŒdl[hWpdei[fk[Z[]eX[hdWh$Æ;il_jWbYe# Wkdgk[beih[ikbjWZei\k[hedÆfeYeYedĂ’WXb[iÇ$ Æ;bd_l[bZ[_dZ‡][dWih[ikbjÂŒckoXW`e"W^ehWi[^Wd^[Y^eW`ki# deY[hieXh[iki^WX_jWdj[i"kX_YWY_ÂŒdj[hh_jeh_Wb"d_l[bZ[[ZkYWY_ÂŒd" iWbkZ"i[hl_Y_eiX|i_YeioZ[iZ[bk[]eik_Z[dj_ZWZƒjd_YWÇ"Z_`e$ j[io[ijkZ_ei"lWh_eiZ[[bbeickoi[h_ei"gk[Z[ck[ijhWdgk[[n_ij[ 7fWhj_hZ[[ij[YedeY_c_[dje"fkdjkWb_pÂŒ7oWbW"[b=eX_[hdefe# Z[b'(Wb'*Z[feXbWY_ÂŒd_dZ‡][dW$9edZWjeiY[hYWdeiWbWh[Wb_ZWZ Zh|c[`ehWhbWifeb‡j_YWif‘Xb_YWi[dX[d[Ă’Y_eZ[jeZeibei[YkWje# [b=eX_[hdeZ[X[h|[ijWXb[Y[hWYY_ed[iYedYh[jWifWhWjeZeibeii[Y# h_Wdei$ÆBWi[nf[YjWj_lWiied]hWdZ[i"Wi‡YecebWid[Y[i_ZWZ[igk[ jeh[iÇ"Z_`e[b^_ijeh_WZeh$
(.# Ĺ‹ ,) /.),#( @eiƒ 9^Wb|" i[Yh[jWh_e [`[# Ykj_le Z[ bW 9ehfehWY_ÂŒd Z[ :[iWhhebbe 7\he[YkWjeh_Wde 9eZW[ " _dZ_YÂŒ gk[ bW _d\eh# cWY_ÂŒd gk[ i[ eXj[d]W Z[b 9[die f[hc_j_h| Z_\kdZ_h bWi Y_\hWi dWY_edWb[i feh i[Yjeh" fhel_dY_W o h[]_ÂŒd W [iYWbW dWY_edWbZ[bfk[XbeW\he[YkW# jeh_Wde o fhefehY_edWh| bWi ^[hhWc_[djWid[Y[iWh_WifWhW bW[bWXehWY_ÂŒdZ[fhe]hWcWio fheo[YjeifWhW[bZ[iWhhebbe$ Æ7 fWhj_h Z[ [ij[ 9[die i[ Yedijhk_h| [b [ijWZe fbkh_dW# Y_edWb [ _dj[hYkbjkhWb _diYh_je [d bW 9edij_jkY_ÂŒd" [ije f[h# c_j_h| YecXWj_h [b hWY_ice" bW Z_iYh_c_dWY_ÂŒd"bWfeXh[pWobW [nYbki_ÂŒdZ[bWYkWb^[ceii_Ze l‡Yj_cWiÇ"Wi[l[hÂŒ$ :[beih[ikbjWZeiZ[b9[die
Æ:[WYk[hZeWbWYWdj_ZWZZ[ W\he[YkWjeh_Wdei gk[ Whhe`[ [b9[dieZ[X[h‡Wceif[Z_hWb ;ijWZe gk[ Z[djhe Z[ bW fhe \ehcW [ijWjWb i[ Wi_]d[d h[# YkhieifWhWdk[ijheifk[Xbei$ ;b9[diedeii[hl_h|YecehW# Z_e]hW\‡WfWhWc_hWhdeiYÂŒce [ijWceioWfWhj_hZ[[ijec[# `ehWhbWYWb_ZWZZ[l_ZWZ[bW feXbWY_ÂŒdÇ"i[‹WbÂŒ$ 7bWl[pWi[]khÂŒgk[[n_ij[d d_l[b[i Z[ [if[hWdpW W fWhj_h Z[b9[die0ÆIebeWi‡[b=eX_[hde feZh|YWdWb_pWhc[`ehbWWi_]# dWY_ÂŒdZ[h[Ykhiei$;ij[9[die Ä“ĹŠ .2_ĹŠ' +;ĹŠ#2ĹŠ#!1#3 1(.ĹŠ h[lWbeh_pWh|bWihW‡Y[iZ[dk[i# )#!43(5.ĹŠ"#ĹŠ+ ĹŠ." #Ä“ jhWfeXbWY_ÂŒdW\heZ[iY[dZ_[dj[$ (&'&Z[f[dZ[h|dbWifeb‡j_YWi Dei[fk[Z[ebl_ZWhgk[bW_Z[d# f‘Xb_YWi eh_[djWZWi ^WY_W [b j_ZWZZ[bfW‡iZ[X[YedĂ’]khWhi[ Z[iWhhebbe Z[b fk[Xbe W\he[# Yed[bheijheZ[beiW\he[YkWje# YkWjeh_Wde" cWd_\[ijÂŒ 9^Wb|$ h_WdeiÇ$
( v! (-Ĺ‹ -* ,( ' $),-Ĺ‹ (Ĺ‹-/Ĺ‹*) & #š( ;bi[Yjeh_dZ‡][dWc_hWYedef# j_c_ice[b9[diegk[i[h[Wb_pW ^eo"fk[iYedbeiZWjei[ijWZ‡i# j_Yei h[Yef_bWZei ^WXh| c[`eh Wi_]dWY_ÂŒdZ[h[YkhieifWhW[ij[ i[Yjeh" [nfh[iW CWhbed IWdj_" fh[i_Z[dj[Z[bW9ed\[Z[hWY_ÂŒd Z[DWY_edWb_ZWZ[i?dZ‡][dWiZ[b ;YkWZeh 9edW_[ $ Æ:[WYk[hZeWbeih[ikbjWZei gk[Whhe`[[b9[die"[b=eX_[hde i[ZWh|Yk[djWZ[gk[deiecei jh[if[bW]WjeiYece^WcWd_\[i# jWZe_di_ij[dj[c[dj[$;if[hWcei gk[WfWhj_hZ[beiZWjei"[bHƒ]_# c[d_cfkbi[feb‡j_YWif‘Xb_YWiW \WlehZ[dk[ijheifk[XbeiÇ"Z_`e$ Oh[WĂ’hcÂŒgk[defk[Z[dYedj_#
dkWh_]dehWZeifehc|ij_[cfe$ Æ7\kjkhedk[ijhWileY[ii[# ]k_h|d iedWdZe o f[b[Wh[cei feh[ifWY_eifWhWgk[dk[ijhei Z[h[Y^eiYeb[Yj_leii[Wdh[if[# jWZeiÇ"Z_`e$ ;b fh[i_Z[dj[ Z[b 9edi[`e Z[ Fk[Xbei o Eh]Wd_pWY_ed[i ?dZ‡# ][dWi ;l|d][b_YWi Z[b ;YkWZeh <[_d[ CWdk[b9^k]Y^_b|d"Yec# fWhj_ÂŒ[ij[Yh_j[h_eoYec[djÂŒ0ÆbWi d[Y[i_ZWZ[iZ[beifk[Xbei_dZ‡][# dWii[ZWh|dWYedeY[h[d[b9[die fehbegk[[if[hWceigk[Z[ifkƒi Z[[ije[b=eX_[hde_cfkbi[feb‡# j_YWif‘Xb_YWiW\WlehZ[beic_b[i Z[_dZ‡][dWigk[^WX_jWcei[d[b ;YkWZehÇ$
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
ă
ēŊ+Ŋ +! +"#Ŋ"#Ŋ4 8 04(+ĔŊ (,#Ŋ# .3ĔŊ/("#Ŋ(-!+4(1Ŋ Ŋ+ Ŋ/. + !(¢-Ŋ Ą.3 -3#ē
).Ćŋ)$&6ŋ+/ ŋ &ŋ (-)ŋ()ŋ* ,$/ #+/ ŋ , (.-ŋ ŋ&ŋ #/ Ŋ š
ēŊ 1+.-Ŋ -3(ĔŊ/1#2(Ĺ "#-3#Ŋ"#Ŋ+ Ŋ.- (#ē
,, ,Ćŋ()-Ĺ‹*, ) /* &Ĺ‹ , #'# (.)Ĺ‹ Ĺ‹&Ĺ‹ #/ Gk_je"bWYWf_jWb[YkWjeh_WdW"[d fWbWXhWiZ[ikWbYWbZ[7k]kije 8Whh[hW gk_[h[ iWX[h gkƒ Z[# cWdZWi^WofWhW[bjhWdifehj[ f‘Xb_Ye"YÂŒce[ij|Yh[Y_[dZebW Y_kZWZo[dgkƒi[Yjeh[i"Æfeh [ie[i_cfehjWdj[gk[fWhj_Y_f[d jeZeibeih[i_Z[dj[i[dGk_jeÇ" [d\Wj_pÂŒ$ BW Y_kZWZWd‡W dei ^Wh| Ye# deY[hikilWh_WZWid[Y[i_ZWZ[i ieXh[ jeZe [d _d\hW[ijhkYjkhW" eXhWi iWd_jWh_Wi" fk[ijei feb_# Y_Wb[i"[djh[ejhWi$ I[]‘d8Whh[hW"[b9[dief[h# c_j_h| YedeY[h Yed Y[hj[pW bW YWdj_ZWZZ[[ijkZ_Wdj[i"bWi[ZW# Z[i"beii[Yjeh[ioZÂŒdZ[l_l[d" fWhWfeZ[hfbWd_Ă’YWhbWi[Yjeh_# pWY_ÂŒdZ[bW[ZkYWY_ÂŒd$ 7Z[c|i"Z_`egk[kd9[d# iei_[cfh[f[hc_j[\ehjWb[Y[h bWifeb‡j_YWibeYWb[ioieY_Wb[i" jWcX_ƒd YÂŒce i[ _Z[dj_\_YW YWZW f[hiedW [d bW Yeckd_# ZWZ o YÂŒce i[ fk[Z[ bb[]Wh W beiZ_\[h[dj[i]hkfeiieY_Wb[i W jhWlƒi Z[ bW WZc_d_ijhWY_ÂŒd Y[djhWbockd_Y_fWb$
ēŊ4%423.Ŋ 11#1 ĔŊ +! +"#Ŋ"#Ŋ4(3.ĔŊ 2/(1 Ŋ!.-.!#1Ŋ+ 2Ŋ -#!#2(" "#2Ŋ"#Ŋ+.2Ŋ' (3 -3#2Ŋ! /(3 +(-.2ē
;b WbYWbZ[ @W_c[ D[XejWdkdY_ÂŒkdYedjhebY[h# YWde Wb 9[die Z[ FeXbWY_ÂŒd o L_l_[dZW gk[ i[ h[Wb_pW ^eo" fWhW[l_jWhgk[WbWY_kZWZi[bW f[h`kZ_gk[YedbWih[djWigk[ b[Yehh[ifedZ[d$ FWhW[ije"[b9WX_bZejecWh| ZWjei`kdjeWbf[hiedWbZ[b?D;9" i_dgk[[ijei_]d_Ă’gk[Æ_dj[hl[# d_h[d[bfheY[ieÇ$ 7Z[c|i" fh[fWhWh| kd h[# Yk[dje fei 9[die fWhW Z[j[h# c_dWh bW feXbWY_ÂŒd Ă“ejWdj[ Z[ =kWoWgk_b"gk[i_]d_Ă’YWYedjWh bW ][dj[ gk[ [c_]hW W bW khX[ fheY[Z[dj[Z[ejheiYWdjed[io fhel_dY_WiZ[bfW‡i$
WbWfeXbWY_ÂŒdĂ“ejWdj[Z[=kWoW# gk_b[djh[bWfeXbWY_ÂŒdgk[Z[X[ h[Y_X_hi[hl_Y_ei$C_bbWcWZe"W jhWlƒiZ[kdWYk‹WhWZ_Wb"Z_Y[ YedYbWh_ZWZ0j‘gk_[h[iYedjWh fWhW=kWoWgk_b"^Wpgk[j[Yk[d# j[d[d=kWoWgk_b"[iWgk‡ZedZ[ Z[cWdZWiikii[hl_Y_ei"gkƒZWj[ Wgk‡fWhW[b9[die$;djedY[i"bei Y_kZWZWdeiZ[X[dj[d[hbecko [dYk[djW$ObeejheiedbWid[Y[# i_ZWZ[iX|i_YWi_diWj_i\[Y^Wigk[ iedc‘bj_fb[i"oYecei[jhWjWZ[b Xk[dl_l_h"dkdYWi[WYWXWdfeh# gk[jeZe[bckdZegk_[h[l_l_h c[`ehYWZWZ‡W$ Ä #1.ĹŠ423#"ĹŠ' ĹŠ'#!'.ĹŠ1#!+ ,.2Ä&#x;
BWid[Y[i_ZWZ[iX|i_YWi_diWj_i# \[Y^Wiiedf[hcWd[dj[i"oe^[ h[YbWcWZefehgk["feh[`[cfbe" I[hl_h|fWhWZ[j[hc_dWhbWYWd# d_i_gk_[hWWY[hWioXehZ_bbeii[ j_ZWZh[WbZ[bWfeXbWY_ÂŒd[d[b Yedi_Z[hWdd[Y[i_ZWZ[iX|i_YWi fW‡iofWhWbWid[Y[i_ZWZ[iX|i_# _diWj_i\[Y^Wi"[djedY[i[iejWc# YWi_diWj_i\[Y^Wi$I_i[febWh_pW" X_ƒdi[lWWWhh[]bWh$ i_i[Yedl_[hj[[dkd_dijhkc[d# jeY[djhWb_ijW"[bh_[i]e[i[deh# Ä Â˘,.ĹŠ!.-31.+ 1;ĹŠ#+ĹŠ#-2.Ä&#x; c[fehgk[Z[[ieZ[f[dZ[dbWi LWceiWYebWXehWh"lWceiWce# h[djWigk[iedd[Y[iWh_WifWhW d_jeh[Wh [b 9[die o [if[h[cei gk[jeZeiWb]WX_[dfWhWgk[i[W Wj[dZ[h[iWid[Y[i_ZWZ[i$ kdW[nfh[i_ÂŒdY‡l_YW"jƒYd_YW$;b ced_jeh[e de i_]d_Ă’YW kdW _d# Ä #ĹŠ2(#-3#ĹŠ4-ĹŠ1(#2%.Ä&#x; Kij[Z[iiWX[dgk[^[cei^[Y^e j[hl[dY_ÂŒdi_degk[deii[hl_h| fkdjkWb_pWY_ed[ickofh[Y_iWi fWhWiWX[hi_i[^_peX_[dei_i[ h[if[YjeZ[gk[bWfeXbWY_ÂŒdĂ“e# ^_pecWb$ jWdj[Z[=kWoWgk_bZ[X[_dYbk_h# i[Âľfehgkƒi[fh[]kdjWbW][dj[ Ä 4;-3 ĹŠ#2ĹŠ+ ĹŠ/. + !(¢-ĔŊ2#%ĂŒ-ĹŠ#+ĹŠ Z[b;YkWZeh5I[l_l[[dieY_[ZWZ 4-(!(/(.Ä&#x; ojeZeiiWX[ceigk[iWb[WjhW# Oec[leoWh[i[hlWhc_Yec[d# XW`WhoWZÂŒdZ[lW"[djedY[ibWi jWh_e ^WijW Z[ifkƒi Z[b 9[die" Wkjeh_ZWZ[i Z[b 9[die ^Wd h[# f[hebWfheo[YY_ÂŒdZ[[bbei"feh ik[bjeWb]egk[dedeiiWj_i\WY[ bWYkWbWYbWhede[ijWhZ[WYk[h# [dj[hWc[dj["f[hegk[[i_cfeh# Ze"ied(c_bbed[i)&&c_b^WX_# jWdj[oi_i[cWd[`WX_[dfk[Z[ jWdj[ifehgk[[l_Z[dj[c[dj[de i[hikĂ’Y_[dj[$ [ij|bWfeXbWY_ÂŒdĂ“ejWdj[ooeYe# c[djWhƒbegk[fWi[Yecei_[c# Ä .,.ĹŠ/ 1 ĹŠ"#3#1,(- 1ĹŠ04_Ä&#x; fh[YedYh_j[h_e"\kdZWc[djeio >Wh[ceikdW[dYk[ijWfei9[d# ZeYkc[dje W bW cWde Z[ifkƒi iefWhWZ[j[hc_dWh[ie[_dYbk_h Z[gk[fWi[$ Ä 4;+ĹŠ#2ĹŠ#+ĹŠ!.-!#/3. 1# +ĹŠ"#+ĹŠ#-2.Ä&#x;
ƒ ą
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. ÄŒĹ?
Z # )-Ĺ‹ -* # ) (Ĺ‹ -* , ěŊÆIebe[d[ij[fW‡i"bei l_[`eidelWb[ceiÇ"\k[bW\hWi[ gk[[i]h_c_ÂŒ[b[nc_d_ijheZ[ IWbkZ"Bk_iIWhhWp‡d:|l_bW"Zk# hWdj[[b^ec[dW`[Z[Z[if[Z_ZW Z[;bl_hWCWhY^|d9Wijhe"W^ehW [n`[\WZ[b|h[WZ[H[]_ijheIW# d_jWh_eZ[b?dij_jkjeDWY_edWbZ[ >_]_[d[ĂˆB[efebZe?pgk_[jWFƒ# h[pÉ ?D> "Z[=kWoWgk_b$ BWZeYjehW"gk[WZ[c|iYkc# fb[ bWXeh[i WYWZƒc_YWi [d bW Kd_l[hi_ZWZZ[=kWoWgk_b"i[l_e \ehpWZWWWXWdZedWhikfk[ije Z[jhWXW`efehieXh[fWiWhbei,& W‹eiZ[[ZWZ"fWhWiec[j[hi[W kdfheY[ieZ[`kX_bWY_ÂŒdeXb_]W# ZWehZ[dWZWfeh[b=eX_[hdeW jhWlƒi Z[b C_d_ij[h_e Z[ IWbkZ F‘Xb_YW CIF $ @kdjeWbWgk_c_YW\WhcWY[‘# j_YW"ejhei,-fhe\[i_edWb[iZ[b ?D>Yehh_[hedYed_]kWbik[hj[$ Feh [ije" [b f[Z_WjhW Bk_i IWhhWp‡dde[dYedjhÂŒc[`eh\hW# i[fWhW[nfh[iWhikh[Y^WpeWbW Z_ifei_Y_ÂŒdb[]Wbgk[[bhƒ]_c[d _cfb[c[djÂŒfWhWZ[i^WY[hi[Z[ beiÆcƒZ_Yeil_[`eiÇoZWhfWieW kdWdk[lW][d[hWY_ÂŒdZ[fhe\[# i_edWb[iZ[bWiWbkZ$ F[i[WbWifeijkhWi"[bfh[i_# Z[dj[ HW\W[b 9ehh[W Yedi_Z[hW gk[[bfheY[ieZ[Z[if_ZeiÆ^W iWb_ZeiWj_d_pWZefehbeic[Z_ei
Z[Yeckd_YWY_ÂŒdÇ$ Bei Z[if_Zei i[ [l_Z[dY_Wd WZ[c|i [d bei ^eif_jWb[i Ăˆ7X[b =_bX[hj FedjÂŒdÉ" Yed (( `kX_bW# Y_ed[io+[d[bZ[d_‹eiĂˆ<hWd# Y_iYe ?YWpW 8kijWcWdj[É$ BWi h[dkdY_WieXb_]WZWijWcX_ƒdi[ h[Ă“[`Wd[dbWiYWiWiZ[iWbkZZ[b ?dij_jkje;YkWjeh_WdeZ[I[]kh_# ZWZIeY_Wb ?;II $ ,/ 1.ĹŠ!.-23(34!(.- +
I_d[cXWh]e"bWiWb_ZWZ[bei[i# f[Y_Wb_ijWi[ijWXWfh[l_ijWfWhW [bfhŒn_ce)&Z[del_[cXh["be YkWb^Wi_Zeikif[dZ_Zec_[d# jhWidei[Z[j[hc_d[kdWi[dj[d# Y_WWkdh[YkhieZ[fhej[YY_Œd Yedij_jkY_edWbgk[i[l[dj_bW[d kd`kp]WZeZ[bW9ehj[Fhel_d# Y_WbZ[@kij_Y_WZ[b=kWoWi$ ;bWhj‡Ykbe.'Z[bWB[oEh]|# d_YWZ[I[hl_Y_eF‘Xb_Ye Bei[f " _dZ_YWgk[jeZe[cfb[WZef‘Xb_Ye cWoehe_]kWbW-&W‹eiZ[X[i[h Y[iWZe[diki\kdY_ed[i$ - /1./( ".
9ƒiWhCeb_dW"f[Z_WjhWokdeZ[ bei fhe\[i_edWb[i YkoW fWhj_ZW \k[ ikfh_c_ZW" cWd_\[ijÂŒ gk[ ÆbWi Wkjeh_ZWZ[i ^Wd fheY[Z_# ZeZ[kdWcWd[hW_dWfhef_WZW ZedZ[de^Wo]WhWdj‡Wid_dej_Ă’# YWY_ed[ifeh[iYh_je"feh[bbe[n_# ]_ceikdW`kX_bWY_ÂŒdlebkdjWh_W" f[heYedbeifheY[Z_c_[djeigk[ Z_YjWbWb[o"Z[jWbcWd[hWgk[de WY[fjWceibeiZ[if_Zeiiehfh[# i_leiÇ$ CWh_jpW 8Whhei" Z_h[YjehW Z[b ^eif_jWb=kWoWgk_b"ieijklegk[ iebeYkcfb[ÂŒhZ[d[i"f[heWi_# c_iceZ[ijWYÂŒgk[Æd[Y[i_jWcei gk[beicƒZ_YeiZ[if[Z_Zeifk[# ZWdbWXehWh^WijWĂ’dWb[iZ[[ij[ c[i fWhW dehcWb_pWh bWi Wj[d# Y_ed[ioi_[ifei_Xb[^WijWbei ‘bj_ceiZ‡WiZ[Z_Y_[cXh[fWhW degk[ZWhdeii_df[hiedWb$
Ä“ĹŠ- ĹŠ -" ĹŠ(-3#1- !(.- +ĹŠ$4#ĹŠ(-5#23(% " ĹŠ' 23 ĹŠ++#% 1ĹŠ ĹŠ24ĹŠ,#1! -!~ Ä“
)&# vĹ‹ .# ( Ĺ‹Ĺ‹/() 2.,($ ,)-Ĺ‹*),Ĺ‹ ,)! ĹŠ ěŊ ;d kd ef[hWj_le gk[ i[ h[Wb_pÂŒ feh lWh_ei ^e# j[b[iZ[[ijWY_kZWZ"bWFeb_Y‡W Z[jkleWY_dYe[njhWd`[heifeh ikfk[ije jh|\_Ye Z[ Zhe]Wi$ <h[ZZo HWcei" `[\[ Wdj_dWh# YÂŒj_YeiZ[b=kWoWi"cWd_\[ijÂŒ gk[beiZ[j[d_Zei_dj[]hWh‡Wd kdW XWdZW _dj[hdWY_edWb Z[ dWhYejhW\_YWdj[i$ ?d\ehcÂŒ gk[ [d kd Z[fWhjW# c[dje i[ [dYedjhÂŒ kdW cWb[jW
YedlWh_eia_beiZ[XWi[Z[YeYW‡# dWoi[Z[jkleWkdWY_kZWZWdW febWYWgk[[ijWXWi_[dZeWb_ijWZW fWhWbb[lWh[bWbYWbe_Z[l‡WWƒh[WW ;khefW$ HWcei jWcX_ƒd Yeckd_YÂŒ gk[i[Z[jkleWZeiY_kZWZWdei d_][h_Wdei"gk_[d[i[hWdbeiĂ’# dWdY_ijWi Z[ bW eh]Wd_pWY_ÂŒd o WkdYebecX_Wdeokdf[hkWde" gk_[d[i ^WXh‡Wd _d]h[iWZe bW Zhe]WWbfW‡i$
Ä“ĹŠ 2ĹŠ,4)#1#2ĹŠ"#ĹŠ+ ĹŠ2 , +# ĹŠ1# +(9 1.-ĹŠ !3.2ĹŠ"#ĹŠ /.8.ĹŠ#-ĹŠ3.".ĹŠ#+ĹŠ/ ~2Ä“
&Ĺ‹ (.-'Ĺ‹ Ĺ‹&Ĺ‹ 0#)& ( #Ĺ‹ )'Z-.#
1(.2ĹŠ 2 , +#~23 2ĹŠ#7/1#2 1.-ĹŠ242ĹŠ !1(3#1(.2ĹŠ1#2/#!3.ĹŠ +ĹŠ3#, ĹŠ"#ĹŠ+ ĹŠ 5(.+#-!( ĹŠ!.-31 ĹŠ+ ĹŠ,4)#1Ä“ ;b'-Z[Z_Y_[cXh[Z['///" Y_[dZei_ij[c|j_YWc[dj[bWck# W jhWlƒi Z[ bW h[iebkY_ÂŒd `[hW[iYWbWckdZ_Wb$ +*%')*bW7iWcXb[W=[d[hWb Z[DWY_ed[iKd_ZWi EDK 4!' ĹŠ!.-)4-3 Z[YbWhÂŒ[b(+Z[del_[cXh[ ÆBWc[djWXb[c[dj["jeZWl‡W^Wo Yece [b :‡W ?dj[hdWY_edWb cWY^_iceo[n_ij[l_eb[dY_Wie# Z[bW;b_c_dWY_ÂŒdZ[bWL_e# j[hhWZWÇ"ikXhWoÂŒ[bfh[i_Z[dj[Z[ bW7iWcXb[WDWY_edWb"<[hdWdZe b[dY_WYedjhWbWCk`[h$ BW\[Y^W\k[[b[]_ZWYece 9ehZ[he"gk_[dWi[]khÂŒgk[dWZW ^ec[dW`[ W bWi jh[i ^[h# `kij_Ă’YWgk[f[hi_ijWdbWiZ_l[hiWi cWdWi C_hWXWb" WYj_l_ijWi \ehcWiZ[l_eb[dY_W$ feb‡j_YWi Z[ H[f‘Xb_YW :e# Æ:[`[cei Z[ bWZe [b c_[Ze" c_d_YWdWgk[\k[hedXhkjWb# [ij[[ikdj[cW[d[bgk[Z[X[# c[dj[ Wi[i_dWZWi [d '/,&" ceiWYjkWh`kdjeifWhW[hhWZ_YWh feh ehZ[d Z[b ]eX[hdWdj[ jeZW\ehcWZ[l_eb[dY_WYedjhWbW Zec_d_YWdeHW\W[bJhk`_bbe$ ck`[hÇ"[d\Wj_pÂŒWbh[YehZWhgk[ ;b`k[l[i(+Z[de# bei [i\k[hpei feh [b_c_# l_[cXh["IY^[pdWhZW ĹŠ dWh bW l_eb[dY_W Z[X[d <[hd|dZ[p ?dZ[f[d# i[hf[hcWd[dj[i$ Z_[dj[ fh[i[djÂŒ kd iWbkZe W jeZWi bWi -ĹŠ#+ĹŠ/ ~2ĔŊ#-ĹŠ#+ĹŠ 1 ĹŠ1#Ä„#7(.- 1 ĂŒ+3(,.ĹŠ  .ĹŠ' -ĹŠ ck`[h[i"WbWl[pgk[ ,4#13.ĹŠÄŠÄ?ĹŠ 7c_djW 8k[dW‹e F7?I bWi_dl_jÂŒWYedj_dkWh ,4)#1#2ĹŠ5~!3(, 2ĹŠ fkdjkWb_pÂŒgk[Æ[b\WdjWi# "#ĹŠ %1#2(¢-ĔŊ +ĹŠ [d bW bkY^W f[hcW# ,#-.2ĹŠÄˆÄ‡ĹŠ ĹŠ cWZ[bWl_eb[dY_WZecƒi# , -.2ĹŠ"#ĹŠ242ĹŠ d[dj[YedjhWbWl_ebW# !.,/  #1.2Ä“ j_YWi[_dijWbW[d[bYehWpÂŒd Z[bW\Wc_b_WfheleYWdZe Y_ÂŒdZ[ikib[]‡j_cei Z[h[Y^ei$ hkfjkhWi"_dYeckd_YWY_ÂŒd BWWiWcXb[‡ijWbWibbWcÂŒW oj[hheh$<WdjWicWfehgk[jeZWl‡W l[dY[h[bj[cehoZ[dkdY_Wh [i_dl_i_Xb["W‘dYkWdZei[fk[ZW bWW]h[i_ÂŒdZ[bWgk[Z‡WWZ‡W Z[dkdY_Wh" fehgk[ bWi c_icWi iedeX`[je[dlWh_ei|cX_jei" ck`[h[ifehl[h]”[dpW"Yeijkc# Æ[if[heZ[if[hjWhWb]‘dZ‡W Xh["fh[Ă’[h[deYkbjWhÇ$ ode[iYkY^Wh"d_l[h"gk[[d 7Z[c|i" [nfb_YÂŒ gk[ [ijei c_fW‡i^Wck[hjekdWck`[h f[diWc_[djei [ij|d ikij[djW# WYWkiWZ[bW\kh_W"[bcWbjhW# Zei[dc‘bj_fb[ic_jeioc[dj_# jeobWW]h[i_ÂŒdÇ"[d\Wj_pÂŒ$ hWioWgk[ÆW‘d"[d[bjhWdiYkhie H[YehZÂŒgk[bWEDKiei# Z[[ijWZƒYWZW"i[[iYkY^W[d[b j_[d[gk[bWl_eb[dY_WYedjhW YehWpÂŒdZ[dk[ijhefk[Xbe[ijWi bWck`[h[ibWcWd_\[ijWY_ÂŒd jh_ij[i c|n_cWi gk[ l_[d[d W c|iYhk[bZ[bWZ_iYh_c_dW# \ehcWhkd]beiWh_eZ[bWib_c_jW# Y_ÂŒd o bW Z[i_]kWbZWZ gk[" Y_ed[i\[c[d_dWi0ĂˆBWck`[hi[ [dbWl_ZWZ_Wh_W"i_]k[fWZ[# h[Wb_pWi_[dZecWZh[ÉÇ$
2Ŋ!($1 2 "#+Ŋ%_-#1. ŊŊ.1 Ŋ%4(11#Ŋĸ ĚŊ2# +¢Ŋ04#Ŋ ŗĥ'.8Ŋ,;2Ŋ04#Ŋ-4-! ĔŊ3#-#,.2Ŋ+ Ŋ
./.134-(" "ĹŠ/ 1 ĹŠ/1.%1#2 1ĹŠ#-ĹŠ#+ĹŠ ! ,(-.ĹŠ' !( ĹŠ+ ĹŠ(%4 +" "ĹŠ#-31#ĹŠ'.,Äą 1#2ĹŠ8ĹŠ,4)#1#2ĹŠ8ĹŠ#-ĹŠ+ ĹŠ#+(,(- !(¢-ĹŠ"#ĹŠ 3.".ĹŠ3(/.ĹŠ"#ĹŠ5(.+#-!( Ģē -$.1,¢Ŋ04#ĹŠ#-ĹŠ#+ĹŠ/ ~2ĹŠÄ‘ĹŠ"#ĹŠ! " ĹŠ ÄˆÄ‡ĹŠ,4)#1#2ĹŠ' -ĹŠ2(".ĹŠ5~!3(, 2ĹŠ"#ĹŠ + ĹŠ5(.+#-!( ĹŠ/2(!.+¢%(! ĔŊ$~2(! ĹŠ.ĹŠ 2#74 +ĔŊ8ĹŠ04#ĹŠ"#ĹŠ3." 2ĹŠ+ 2ĹŠ,4#13#2ĹŠ "#ĹŠ,4)#1#2ĔŊ04#ĹŠ2#ĹŠ/4 +(! 1.-ĹŠ#-ĹŠ ĉććĒŊ#-ĹŠ+.2ĹŠ,#"(.2ĔŊ#+ĹŠÄ?ÄŽĹ˜ĹŠ$4#1.-ĹŠ ĹŠ! 42 ĹŠ"#ĹŠ+ ĹŠ5(.+#-!( ĹŠ, !'(23 ĔŊ4-ĹŠ ÄĄ, +ĹŠ04#ĹŠ ! ĹŠ!.-ĹŠ+ ĹŠ5(" ĹŠ"#ĹŠ,(+#2ĹŠ "#ĹŠ,4)#1#2ĹŠ#-ĹŠ3.".ĹŠ#+ĹŠ,4-".ĢēŊ
,#-3 +#,#-3#ĔŊ 3." 5~ Ŋ' 8Ŋ, !'(2Ĺ ,.Ŋ8Ŋ#7(23#Ŋ5(.+#-!( Ŋ 2.3#11 " Ģē Ŋ
ĹŠĹŠ ĹŠ ĹŠ Ä“
-ĹŠ+.ĹŠ/.+~3(!.
=k_bb[hc_dW9hkp ?dZ[f[dZ_[dj[ Wf[bÂŒWikiYecfW‹[heib[]_ibWZe# h[i"ÆZ[X[[n_ij_hkdYecfhec_ie YedijWdj[Z[dk[ijhWfWhj[[dbW fhefei_Y_ÂŒdZ[fheo[Yjeigk[i[ eh_[dj[dWbW[b_c_dWY_ÂŒdZ[bWl_e# b[dY_W\‡i_YW"fi_YebÂŒ]_YWoi[nkWb gk[ik\h[dbWick`[h[iÇ"ikXhWoÂŒ$ 7YjkWbc[dj[Wd_l[bckdZ_Wb" Æbk[]e Z[ kdW bkY^W _dY[iWdj[ ^[cei Yedi[]k_Ze kd WlWdY[ i_]d_\_YWj_le [d bW YedY_[dY_W# Y_ÂŒdoi[di_X_b_pWY_ÂŒdieY_WbWdj[ [ij[j_feZ[l_eb[dY_WÇ"ieijkleo Ă’dWb_pÂŒZ_Y_[dZegk[[bÆeX`[j_le iÂŒbei[Ykcfb_h|[bZ‡W[dgk[de [n_ijWd_kdWiebWck`[hl‡Yj_cW Z[cWbeijhWjeiÇ$
,)Ĺ‹ ),'Ĺ‹ ( , (.Ĺ‹ Ĺ‹ Ĺ‹ )(Ĺ‹ &Ĺ‹$ /.#0)
Ŋ"#2 3#-!(¢-Ŋ /1#24/4#23 1( Ŋ Ŋ + Ŋ4-!(¢-Ŋ 4"(!( +Ŋ /."1~ Ŋ2#1Ŋ3., " Ŋ !.,.Ŋ. 2314!!(¢-ē
#>WijW Wgk‡ ^[cei ]WijWZe [b /(" gk[ [gk_lWb[ W kdei '/( c_bbed[iZ[ZÂŒbWh[i"Z[bei((, Wi_]dWZei$ O jeZWl‡W ^Wo gk[ fW]WhWb]kdeihkXhei$ ĹŠÄ 23#"ĹŠ"().ĹŠ04#ĹŠ!.-ĹŠ+.2ĹŠÄˆÄ’Ä?ĹŠ,(++.Äą -#2ĹŠ+ ĹŠ ĹŠ!.+ /2 1;ĹŠ#-ĹŠ)4-(.ĹŠ.ĹŠ)4+(.ĹŠ "#ĹŠÄ‰Ä‡ÄˆÄˆÄ”ĹŠ04_ĹŠ(,/+(! ĹŠ#2.Ä&#x;
#;l_Z[dj[c[dj[[ielWWeYkhh_h" oeYkcfb_hƒYedc_eXb_]WY_ÂŒdZ[ WZc_d_ijhWhYWZWY[djWleYece i_\k[hWkdZ_WcWdj["f[he^[cei YWbYkbWZegk[WbeckY^e^WXh| fWhWfW]Whh[ckd[hWY_ed[i^WijW `kd_ee`kb_eZ[bW‹e(&''$ ĹŠÄ #ĹŠ '~ĹŠ04_ĹŠ5 ĹŠ ĹŠ/ 2 1ĔŊ3#-"1;-ĹŠ 04#ĹŠ/ 1 +(9 12#ĹŠ-#!#2 1( ,#-3#Ä&#x;
#Gk_ƒdjhWXW`Wi_dgk[i[b[fW# ]k["oedefk[Ze[n_]_hWbW][d# j[ gk[ i_]W jhWXW`WdZe$ J[d]W fh[i[dj[ gk[ [b Whj‡Ykbe '* Z[b 9ŒZ_]eEh]|d_YeZ[bW<kdY_Œd @kZ_Y_Wb 9E<@ "Z_Y[gk[i_WbW <kdY_Œd@kZ_Y_Wbdei[b[fhefeh# Y_edWbeih[YkhieiWZ[YkWZeio gk[ h[gk_[h[" [ie i[ [dj_[dZ[ YeceeXijhkYY_ŒdWbWWZc_d_i# jhWY_ŒdZ[`kij_Y_W$
Ć
Ĺ—ĹŠ ĹŠBW9ehj[9edij_jkY_edWbh[# iebl_ÂŒ\WlehWXb[c[dj[lWh_ei WYk[hZeiikiYh_jei[djh[bei ZeifW‡i[i$9edl[d_eZ[h[Ye# deY_c_[djeh[Y‡fheYeoYWd`[ Z[b_Y[dY_WiZ[YedZkY_h1bW 9eef[hWY_ÂŒd9_d[cWje]h|Ă’YW o7kZ_el_ikWb[i19edl[d_eZ[ I[]kh_ZWZIeY_Wb1[b7Yk[hZe fWhW[bZ[iWhhebbeY_[dj‡ÒYeo j[YdebÂŒ]_Ye"Yecfb[c[djWh_e WbYedl[d_eX|i_YeZ[Yeef[# hWY_ÂŒdjƒYd_YW17Yk[hZeZ[ Yeef[hWY_ÂŒdkd_l[hi_jWh_W 8eb‡lWho7b\Whe[dcWj[h_W Z[[ZkYWY_ÂŒdkd_l[hi_jWh_W1 [b;ijWjkjeC_]hWjeh_eo[b 9edl[d_eZ[9eef[hWY_ÂŒd [dcWj[h_WZ[fh[l[dY_ÂŒd Z[bYedikce_dZ[X_Ze"bW h[fh[i_ÂŒdZ[bjh|Ă’Ye_b‡Y_jeZ[ Zhe]Wio[bZ[iWhhebbeWbj[hdW# j_lefh[l[dj_le$ Bei`k[Y[iZ[bW9ehj[9edi# j_jkY_edWbjWcX_ƒd[nf_Z_[# hed[bZ_YjWc[d\WlehWXb[W bWZ[dkdY_WZ[beiWYk[hZei X_bWj[hWb[iZ[fhej[YY_ÂŒd h[Y‡fheYWZ[_dl[hi_ed[i ikiYh_jei$
Ä Â˘,.ĹŠ)49% 1ĹŠ#+ĹŠ31 3 ,(#-3.ĹŠ"(2Äą !1(,(- 3.1(.ĹŠ!.-ĹŠ+ ĹŠ4-!(¢-ĹŠ 4"(Äą !( +ĹŠĹŠ#-ĹŠ!4 -3.ĹŠ +ĹŠ/1#24/4#23.ĹŠÄƒ) Äą ".ĹŠ/ 1 ĹŠÄ‰Ä‡ÄˆÄˆÄ&#x;
+ĹŠ2#!3.1ĹŠ.ă!( +ĹŠ "4!#ĹŠ04#ĹŠ#+ĹŠ ĹŠ-.ĹŠ ' ĹŠ43(+(9 ".ĹŠ3.".2ĹŠ+.2ĹŠ1#!412.2ĹŠ"#+ĹŠ /1#24/4#23.ĹŠ "#ĹŠ Ä‰Ä‡ÄˆÄ‡Ä“ĹŠ Ä 4_ĹŠ 1#2Äą /.-"#ĹŠ423#"Ä&#x;
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
#(2ĹŠ !4#1".2ĹŠ
BWh[ZkYY_ÂŒdZ[('+c_bbed[iZ[ ZÂŒbWh[iZ[bWfhefk[ijWZ[fh[# ikfk[ije^[Y^Wfeh[b9edi[`e Z[bW@kZ_YWjkhWfWhW[b[`[hY_Y_e Ă’iYWb Z[ (&'' fWhW bW <kdY_ÂŒd @kZ_Y_Wb" [i Yedi_Z[hWZW Yece eXijhkYY_ÂŒdWbW`kij_Y_Wodei[ Z[iYWhjWdWYY_ed[ib[]Wb[iYed# jhWgk_[d[i^WdWYjkWZe[dZ[i# c[ZheZ[[ij[feZ[hZ[b;ijWZe$ F_Z_[hed*''c_bbed[iZ[ZÂŒ# bWh[ioiebeb[Wi_]dWhed'/,c_# bbed[i"*+c_bbed[ic[deiZ[be Wi_]dWZefWhW[b[`[hY_Y_eĂ’iYWb Z[ (&'& (*' c_bbed[i $ 8[d# `Wc‡d 9[lWbbei" fh[i_Z[dj[ Z[b 9edi[`eZ[bW@kZ_YWjkhW 9@ [ij| ckoceb[ijefeh[ij[Wbj[hYWZe Yed[bC_d_ij[h_eZ[<_dWdpWio Wi‡ Z[`W [djh[l[h [d kdW Xh[l[ [djh[l_ijWYed:_Wh_eBW>ehW$
#Oe h[if[je ckY^e [b Yh_j[h_e Z[bC_d_ijheZ[<_dWdpWi"f[he c|i _cfehjWdj[ [i Yedijhk_h kdWYWhh[j[hW[d[bf|hWcegk[ _dl[hj_h[dbW`kij_Y_W$I_d`kij_# Y_Wdei[^WY[dWZW"bW`kij_Y_W [ibWhWpÂŒdikfh[cWZ[jeZei beii[h[i^kcWdei$
#% " Ŋ! 2 !(¢-Ŋ
Ĺ—ĹŠĹŠ
ēŊ#-) ,~-Ŋ#5 ++.2ĔŊ/1#2("#-3#Ŋ"#+Ŋ.-2#).Ŋ"#Ŋ+ Ŋ 4"(! 341 ē
Ä #2"#ĹŠ #+ĹŠ /4-3.ĹŠ "#ĹŠ 5(23 ĹŠ #231(!Äą 3 ,#-3#ĹŠ +#% +ĔŊ #2ĹŠ $ !3( +#ĹŠ (-(!( 1ĹŠ 4- ĹŠ !!(¢-ĹŠ#-ĹŠ!.-31 ĹŠ"#ĹŠ04(#-ĹŠ#23;ĹŠ . 23148#-".ĹŠ+ ĹŠ ",(-(231 !(¢-ĹŠ"#ĹŠ )423(!( Ä&#x;
#Deiƒi_i[h|\WYj_Xb[^WY[h"f[he oei‡h[l_iWhƒ"fehgk[h[Wbc[dj[ i[YkcfbWYedbegk[Z[j[hc_dW bW dehcW Y_jWZW$ De c[ ]kijW YhkpWh[bfk[dj[Wdj[iZ[bb[]Wh W ƒb$ Fh_c[he [if[h[cei W l[h gkƒfWiW$;ijeo^WY_[dZebWf[# b[W[ij[hWjeo[if[hegk[^WoWbW ikĂ’Y_[dj[i[di_X_b_ZWZ$ Ä .-ĹŠ #23#ĹŠ 14 1.ĹŠ 2(%- ".ĹŠ / 1 ĹŠ Ä‰Ä‡ÄˆÄˆÄ”ĹŠ2#ĹŠ/."1;ĹŠ 3#-"#1ĹŠ#+ĹŠ, -" 3.ĹŠ "#+ĹŠ ĔŊ"#ĹŠ!1# !(¢-ĹŠ"#ĹŠ,;2ĹŠ)4"(Äą ! 341 2Ä&#x;
#7f[dWic[WbYWdpWh|fWhWfW# ]Whh[ckd[hWY_ed[iodefk[Ze Yh[Whd_kd`kp]WZec|i$I[]‘d be[ijWXb[Y_Ze"^Wogk[Yh[Wh'&/ `kp]WZeiZ[bWd_‹[poWZeb[iY[d# Y_W"kdW9ehj[[d=Wb|fW]ei$ Ä .-!1#3 ,#-3#ĔŊ/ 1 ĹŠ#+ĹŠ/1¢7(,.ĹŠ /#1(.".ĹŠ $(2! +ĹŠ !4;-3.2ĹŠ )49% ".2ĹŠ .ĹŠ )4"(! 341 2ĹŠ 2#ĹŠ 3#-~ ĹŠ /1#5(23.ĹŠ !1# 1Ä&#x;
#C|i e c[dei '&/ `kp]WZei Z[bWd_‹[poWZeb[iY[dY_W".&[d cWj[h_Wf[dWboejhefehY[djW`[i_# c_bWhfWhWYedjhWcWj[h_Wi$;b(* Z[W]eijeZ[bW‹e(&'&"deih[kd_#
cei[d[bC_d_ij[h_eZ[bB_jehWb fehf[j_Y_ÂŒdZ[bfhef_eFh[i_Z[d# j[Z[H[f‘Xb_YW"fWhWgk[jeZe[b i[Yjeh`kij_Y_W_dZ_gk[Yk|b[iied ikid[Y[i_ZWZ[iogkƒ[ibegk[i[ h[gk_[h[o[ije[i_dZ[f[dZ_[dj[ Z[bWfWhj[fh[ikfk[ijWh_W$ Ä 2.ĹŠ#2ĹŠ/ 13#ĹŠ"#+ĹŠ/+ -ĹŠ#,#1%#-3#ĹŠ "#+ĹŠ04#ĹŠ3 -3.ĹŠ2#ĹŠ' +¢Ŋ#-ĹŠ4-ĹŠ,.Äą ,#-3.Ä&#x;
#;bfbWd[c[h][dj[c|iec[dei WiY[dZ‡WW'$(&&c_bbed[iZ[ZÂŒ# bWh[i[_dYbko[WbW<_iYWb‡W":[\[d# ieh‡WF‘Xb_YWoWbC_d_ij[h_eZ[ @kij_Y_W"gk[[i<kdY_ÂŒd;`[Ykj_lW$ I_d[cXWh]e"[bbeigk_[h[d^WY[h fWhj[jWcX_ƒdZ[bW<kdY_ÂŒd@k# Z_Y_Wb"de^WofheXb[cW"Wkdgk[ cWhY^[ceifehi[dZ[heiYeehZ_# dWZWc[dj[Z_ij_djei$ #KdWYeiW[i[bfh[ikfk[ije oejhe[bfbWd[c[h][dj["f[he oec[^W]e[ijWh[Ă“[n_ÂŒdi_d_i_ gk_[hWfk[Z[dYkXh_hbWfhe\eh# cW fh[ikfk[ijWh_W fWhW (&''" gk[ fbWd [c[h][dj[ dei fk[# Z[dZWhfWhW[bW‹e(&''"(&'( o(&')$ Ä 4_ĹŠ #7/#!3 3(5 2ĹŠ 3(#-#ĹŠ 04#ĹŠ + 2ĹŠ !.2 2ĹŠ/4#" -ĹŠ! , ( 1ĹŠ#-ĹŠ+ ĹŠ2 ,Äą +# Ä&#x;
#BW Wf[hjkhW ^W i_Ze fei_j_lW f[he[bhWjeZ[lejWhdei[gkƒ fk[ZWfWiWh"oe^[^[Y^ebefe#
#23(¢/(-(¢-
ĹŠĹŠ!1(3#1(.ĹŠ"#+ĹŠÄƒ2! +ĹŠ%#-#1 +ĹŠ"#+ĹŠ23 ".ĔŊ Ĺ— 2'(-%3.-ĹŠ#2;-3#9ĔŊ#+ĹŠ/1. +#, ĹŠ#-ĹŠ
+ 2ĹŠ)4"(! 341 2Ŋĸ)49% ".2ĔŊ31( 4- +#2ĹŠ8ĹŠ !.13#2ĚĔŊ#23;ĹŠ#-ĹŠ+ ĹŠ, + ĹŠ ",(-(231 !(¢-ĹŠ8ĹŠ -.ĹŠ-#!#2 1( ,#-3#ĹŠ#-ĹŠ+ ĹŠ$ +3 ĹŠ"#ĹŠ1#!412.2ĹŠ #!.-¢,(!.2Ä“ĹŠ ĹŠ 1 ĹŠ#2;-3#9ĔŊ"#2"#ĹŠÄˆÄ’Ä’Ä‘ĹŠ+ ĹŠ, 8.1~ ĹŠ Ĺ—"#ĹŠ)4#!#2ĹŠ#23;-ĹŠ#-ĹŠ$4-!(.-#2ĹŠ/1.11.% " 2Ä“ĹŠ -(ă#23 ĹŠ04#ĹŠÄĄ.ĹŠ'#,.2ĹŠ2(".ĹŠ! / !#2ĹŠ "#ĹŠ!4,/+(1ĹŠ!.-ĹŠ-4#231 2ĹŠ1#2/.-2 (+(Äą " "#2ĢēŊ ĹŠÄĄ.ĹŠ#2ĹŠ2.+.ĹŠ"#ĹŠ+ ,#-3 12#ĹŠ04#ĹŠ-.ĹŠ Ĺ—+#2ĹŠ" -ĹŠ"(-#1.ĔŊ/.104#ĹŠ3 ,/.!.ĹŠ' ĹŠ
#7(23(".Ŋ4- Ŋ !3(34"Ŋ/1. !3(5 Ŋ8Ŋ-.Ŋ2#Ŋ' Ŋ /."(".Ŋ%#1#-!( 1Ŋ+ 2Ŋ(-23(34!(.-#2ĢĔŊ2# +¢Ŋ #2;-3#9ēŊ Ŋ"#,;2Ŋ#+Ŋ3(34+ 1Ŋ"#Ŋ+ Ŋ(-23(34!(¢-Ŋ"().Ŋ ŗ04#ĔŊ#-Ŋ#+Ŋ! 2.Ŋ"#Ŋ+ Ŋ(2! +~ Ŋ2#Ŋ' Ŋ!.-Ĺ
2#%4(".ĹŠ(-$1 #2314!341 ĹŠ#-ĹŠ3.".ĹŠ#+ĹŠ/ ~2ĔŊ2#ĹŠ (-!1#,#-3 1.-ĹŠÄŠÄ‡Ä‡ĹŠÄƒ2! +#2ĔŊŊÄ?Ä‘ĹŠĹŠÄƒ2! +~ 2ĹŠ8ĹŠ ÄˆÄŽĹŠÄƒ2! +~ 2ĹŠ(-"~%#- 2ĹŠ#-ĹŠ31#2ĹŠ  .2Ä“ĹŠĹŠ1 !( 2ĹŠĹŠ ĹŠ+ ĹŠ !3(34"ĹŠ04#ĹŠ3(#-#ĹŠ+ ĹŠ(-23(34!(¢-Ä“ĹŠ
i_Xb[$:_Y[dgk[[bjh_kd\ee[b \hWYWiede[ij|WbWbYWdY[Z[bi[h ^kcWde"f[hebkY^WhfWhWjh_kd# \Whi‡"ooe[ijeo[d[i[fbWde$De XkiYed_d]kdWYeddejWY_Œdfe# b‡j_YW"deXkiYefhejW]ed_iceZ[ d_d]kdWdWjkhWb[pW"begk[Xki# Ye[ikdWYk[ij_Œd_dij_jkY_edWb" c[ fh[eYkfW c|i gk[ feh c_ l_ZW c_icW feh bW l_ZW Z[ bW <kdY_Œd@kZ_Y_Wb$
BWI[]kdZWIWbWZ[beF[dWb Z[bW9ehj[DWY_edWbZ[@kij_# Y_Wd[]ÂŒfeh_cfheY[Z[dj[[b h[YkhieZ[YWiWY_ÂŒd_dj[h# fk[ijefehbeii[dj[dY_WZeiW eY^eW‹eiZ[h[Ybki_ÂŒdfeh[b Z[b_jeZ[bWlWZeZ[WYj_lei"[d [bZ[dec_dWZeYWieĂˆFhWZW# 9ehj[pÉ"[d[bgk[i[fkieWb Z[iYkX_[hjekdWfeZ[heiWh[Z _dj[hdWY_edWbZ[Z_YWZWW[ijW _b‡Y_jWbWXeh$ >[hd|d9ehj[p"Y_kZWZWde YebecX_Wdegk[WZgk_h_ÂŒbW dWY_edWb_ZWZ[YkWjeh_WdW" f[i[W[ijWhfheY[iWZef[dWb# c[dj[[d;ijWZeiKd_Zeifeh jh|Ă’YeZ[Zhe]Wi"be]hÂŒ[ijW# Xb[Y[hi[[d[b;YkWZehoYh[Wh i_[j[[cfh[iWioWZgk_h_h')- fhef_[ZWZ[i$ ;bh[YkhieZ[YWiWY_ÂŒd\k[_d# j[hfk[ijefeh7Zh_WdW<eh[he EY^eW"CWhj^W9W_Y[Zeo[b Yehed[bZ[feb_Y‡W IF "8ohed FWh[Z[iCehWb[i$
(2! +ĹŠ04(#1#-ĹŠ31 ) 1ĹŠ !.-ĹŠ# .3
Ĺ—ĹŠĹŠ
;bĂ’iYWbZ[b;ijWZe"MWi# ^_d]jedF[i|dj[p"^_pekdbbW# cWZeWbWbYWbZ[Z[=kWoWgk_b fWhWkd_h[i\k[hpe[dbWbkY^W YedjhWbWZ[b_dYk[dY_W$9h_j_YÂŒ Wbei`k[Y[ifehWfb_YWhcWb[b YWh|Yj[hZ[bWib[o[if[dWb[i$ ÆBeief[hWZeh[iZ[bi_ij[cWZ[ `kij_Y_Wf[dWb[ijWcei[dkd cec[djeiZ[[c[h][dY_WÇ"i[# ‹WbÂŒ[d[bfheXb[cWgk[[ijWh‡W fWiWdZe[beh]Wd_ice`kZ_Y_Wb [dYkWdZeWbei[\[Yj_l_ZWZ[d bW[`[YkY_ÂŒdZ[b[o[i$
Ä’#*-Ä“Ĺ‹*,Ĺ‹( !) #,Ĺ‹ )(Ĺ‹ -, &Ĺ‹ /( #)((
ć
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. ÄŒĹ?
04~Ŋ4- Ŋ%4~ Ŋ/ 1 Ŋ (-(!( 1Ŋ-#%.!(.2Ŋ !.-Ŋ4-.Ŋ"#Ŋ+.2Ŋ / ~2#2Ŋ,;2Ŋ$4#13#2Ŋ #!.-¢,(! ,#-3#ē
Ä“ĹŠ+ĹŠ(,/4#23.ĹŠ"#+ĹŠÄˆÄ‡Ĺ˜ĹŠ2. 1#ĹŠ+ 2ĹŠ43(+(" "#2ĹŠ8ĹŠ/+425 +~ ĹŠ04#ĹŠ/1.5#-% -ĹŠ "#ĹŠ+ ĹŠ31 -2$#1#-!( ĹŠ"#ĹŠ(-,4# +#2ĹŠ41 -.2ĹŠ $#!3 ĹŠ +ĹŠ2#!3.1ĹŠ"#ĹŠ+ ĹŠ!.-2314!!(¢-Ä“
, ) /* #š(Ĺ‹*),Ĺ‹&Ĺ‹ *&/-0&vĹ‹ (Ĺ‹#'*/ -.) ;b 9eb[]_e Z[ 7hgk_j[Yjei Z[b ;YkWZeh#Fhel_dY_Wb Z[ F_Y^_d# Y^W"[b9eb[]_eZ[?d][d_[hei9_# l_b[iZ[F_Y^_dY^W"bW7ieY_WY_ÂŒd Z[ Fhecejeh[i ?dceX_b_Wh_ei Z[b ;YkWZeh o bW 9|cWhW Z[ bW 9edijhkYY_ÂŒd Z[ Gk_je" [nfh[# iWdWbWbYWbZ[Z[Gk_je"7k]kije 8Whh[hW"ikfh[eYkfWY_ÂŒdfehbW Wfb_YWY_ÂŒdZ[b_cfk[ijeZ[b'& ieXh[bWikj_b_ZWZ[iofbkilWb‡W gk[fhel[d]WdZ[bWjhWdi\[h[d# Y_WZ[_dck[Xb[ikhXWdei$ :_Y[dgk[YedikWfb_YWY_ÂŒd fheleYWh| [b _dYh[c[dje Z[b YeijeZ[bWil_l_[dZWi$BWWfb_# YWY_ÂŒdZ[b_cfk[ijeWb'&ie# Xh[bWikj_b_ZWZ[iofbkilWb‡Wi[ Yedj[cfbW[d[b9ÂŒZ_]eEh]|d_# YeZ[Eh]Wd_pWY_ÂŒdJ[hh_jeh_Wb" 7kjedec‡Wo:[iY[djhWb_pWY_ÂŒd" 9eejWZ"fkXb_YWZe[d[bH[]_ijhe EĂ’Y_WbDe)&)Z[b'/Z[eYjkXh[ Z[(&'&$ #-3 ĹŠ"#ĹŠ(-,4# +#2
BeiYkWjhe]h[c_eic[dY_edWd gk[bWl[djWejhWdi\[h[dY_WZ[ _dck[Xb[i dk[lei de ][d[hW fbkilWb‡Wfk[ibWYecfhWZ[kd j[hh[de fWhW bW YedijhkYY_Œd o feij[h_eh l[djW Z[ _dck[Xb[i _dZ_l_ZkWb[iZ[X[h‡WYedi_Z[hWh jeZeibeiYeijeiZ[YedijhkYY_Œd oWZc_d_ijhWY_ŒdZ[bfheo[Yjeo" Z[[n_ij_hZ_\[h[dY_W[djh[[bfh[#
Y_eZ[l[djWo[bYeijejejWb"ƒijW i[Z[Ă’d[Yecekj_b_ZWZ"ieXh[bW gk[oWi[jh_XkjW[b(+Z[_c# fk[ijeWbWh[djW"c|i[b'+Z[ fWhj_Y_fWY_ÂŒd Z[ jhWXW`WZeh[i" i_djecWh[dYk[djW[bYeijeZ[b Wdj_Y_fedeh[[cXebiWXb[[n_]_# Zefeh[bIH?$;bWYje[YedÂŒc_Ye Z[Yedijhk_hkdfheo[Yje_dce# X_b_Wh_edefk[Z[][d[hWhfbki# lWb‡W[d[bc_icefheo[Yje$
2ĹŠ-.1, 2
;dbWdehcWj_lWWdj[h_ehi[[i# jWXb[Y‡WkdW:_ifei_Y_ŒdJhWdi_# jeh_W[dbWgk[[bfehY[djW`[fWhW [bY|bYkbeZ[fbkilWb‡WieXh[bW fh_c[hWl[djW[hWZ[b&$+$I_ X_[d[bYedY[fjede[iYehh[Yje" [bcedjegk[][d[hWXW[ij[_c# fk[ije[hWZ[Yec‘dWfb_YWY_Œd o i[ Yedi_Z[hWXW Z[djhe Z[ bei YeijeijejWb[iZ[bfheo[Yje$7Y# jkWbc[dj[[bfehY[djW`[Z[b'& _dY_Z[ Z[ifhefehY_edWZWc[dj[ [d[bYeijeZ[beifheo[Yjei[d [`[YkY_Œdfk[ideYedj[cfbWXWd [ij[]hWlWc[do"Wb[ijWhcWoeh_# jWh_Wc[dj[l[dZ_Zei"de[ifei_# Xb[h[Ykf[hWhiklWbehW`kijWdZe beifh[Y_ei[dbWikd_ZWZ[ijeZW# l‡WZ_ifed_Xb[i$ BWWfb_YWY_Œd[hhŒd[WZ[[ijW dehcWj_lWoW[ij|YWkiWdZekd ]hWl[ _cfWYje [YedŒc_Ye" WZ# l_[hj[d$
I_ fbWd[W Yedl[hj_hi[ [d kd [cfh[iWh_e_dj[hdWY_edWbekd [nfehjWZeh Z[ ]hWd Z[cWd# ZW" f[he Âľde iWX[ W gkƒ fW‡i WfkdjWh5"Wgk‡kdW]k‡WZ[bWi efehjkd_ZWZ[iZ[d[]eY_eigk[ e\h[Y[?ihW[b$ :[ ^[Y^e" [n_ij[ ]hWd fe# j[dY_WbYec[hY_Wb[djh[WcXei fW‡i[i"ieXh[jeZe[d[bj[cW j[YdebÂŒ]_YeoW]h‡YebW$;iei[ [l_Z[dY_ÂŒ [d kd jWbb[h eh]W# d_pWZe feh bW 9|cWhW Z[ 9e# c[hY_eZ[Gk_jeieXh[Âľ9ÂŒce ^WY[h d[]eY_ei [djh[ ?ihW[b o ;YkWZeh5" [d ZedZ[ kdW Z[# b[]WY_ÂŒd _ihW[b‡ b_Z[hWZW feh bW[cXW`WZWZ[[i[fW‡i[d[b ;YkWZeh[nfb_YÂŒbeifh_dY_fW# b[ii[Yjeh[iZÂŒdZ[_dl[hj_hobe gk[c|ib[i_dj[h[iWYecfhWh# b[iWejheifW‡i[i$ ;oWbI[bW"[cXW`WZehZ[?i# hW[b[d[b;YkWZeh"_dZ_YÂŒgk[ ^Wogk[fWhj_hZ[kd^[Y^e0Æ[b c[hYWZe _ihW[b‡ [i f[gk[‹e" Yece CWdWX‡ [d [b YWie Z[b ;YkWZeh$$$[djedY[i^WoYeiWi gk[lWb[dbWf[dWfheZkY_ho ejhWigk[deÇ$
gk[CWh_e8khij[_d"j_jkbWhZ[ bW9|cWhWZ[9ec[hY_e?ihW[b Ă„BWj_deWc[h_YWdW"_dZ_YÂŒgk[ bei i[Yjeh[i c|i \hkYj‡\[hei fWhW _dl[hj_h ied0 j[b[Yeck# d_YWY_ed[i ?dj[hd[j" Y[bkbWh" \_XhW ÂŒfj_YW " \WhcWYƒkj_YW" [gk_fecƒZ_Ye"i[]kh_ZWZ$ Ä 4_ĹŠ/1."4!3.2ĹŠ!.,/1 -Ä&#x;
;dYkWdjeWbegk[c|ib[_dj[# h[iWYecfhWhW?ihW[bZ[ejhei fW‡i[i" I[bW _dZ_YÂŒ gk[ ieXh[ jeZe YecfhW Wb_c[djei W]h‡# YebWi$;d[bYWieZ[b;YkWZeh begk[c|ib[i]kijWied0Wj‘d" \hkjWi" fWbc_jei" YWYWe" YW\ƒ" Wp‘YWh"YWhXÂŒd"f[jhÂŒb[e$ Æ>Wogk[f[diWh[d[ijeijƒh# c_deioYecf[j_hÇW]h[]ÂŒI[bW" ieXh[jeZefehgk[[d7cƒh_YW BWj_dW^WoejheifW‡i[igk[jWc# X_ƒd fk[Z[d e\h[Y[h [iei fhe# ZkYjei$9ece[`[cfbeZ_`egk[ [d[bYWieZ[bWj‘d"gk[b[i]kijW ckY^e"ƒij[Z[X[i[hÆZ[Xk[dW YWb_ZWZoXk[dfh[Y_eÇ$ :[ikbWZe"HW\W[b>WhfWp" Z_h[Yjeh Z[b :[fWhjWc[dje ;YedÂŒc_YeZ[bW9WdY_bb[h‡W_i# hW[b‡"[nfb_YÂŒWb]kdeiĂˆj_fiÉgk[ ^Wogk[jecWh[dYk[djWWbW ^ehWZ[d[]eY_WhYedkd_dZ_# l_ZkeZ[ikfW‡i$;ijeZ[X_Ze W gk[ Wdj[i Z[ _d_Y_Wh kd d[# ]eY_e i_[cfh[ [i _cfehjWdj[" WZ[c|iZ[iWX[hÂľgkƒb[i]ki# jW"gkƒYecfhWdogk[i[Yjeh[i ied\k[hj[i5"jWcX_ƒdYedl_[# d[ YedeY[h Wb]kdei Wif[Yjei Z[ iki YeijkcXh[i" i_jkWY_ÂŒd #!3.1#2ĹŠ/ 1 ĹŠ(-5#13(1 ;d[i[i[dj_Ze"bWfheZkYY_ÂŒd [YedÂŒc_YW[djh[ejheigk[i[ j[YdebÂŒ]_YW [i be gk[ c|i i[ Z[jWbbWd [d bei i_]k_[dj[i h[# Z[iWhhebbW [d ?ihW[b$ :[ W^‡ YkWZhei$
#!.,#-" !(.-#2 ĹŠ+ ĹŠ'.1 ĹŠ"#ĹŠ-#%.!( 1
Ŋ .Ŋ/1(,#1.Ŋ#2Ŋ2 #1Ŋ(-%+_2ĔŊ#23#Ŋ+#-%4 )#Ŋ ŗ#2Ŋ#+Ŋ,;2Ŋ43(+(9 ".Ŋ Ŋ+ Ŋ'.1 Ŋ"#Ŋ' !#1Ŋ -#%.!(.2ē
Ĺ—ĹŠ+ĹŠ(21 #+~ĹŠ#2ĹŠ,48ĹŠ#7/1#2(5.ĹŠ8ĹŠ%1(3¢-ĹŠ +ĹŠ ' + 1ĔŊ2.-ĹŠ / 2(.- ".2ĔŊ-.ĹŠ2(%-(ă! ĹŠ04#ĹŠ 2.-ĹŠ %1#2(5.2Ä“ Ĺ—ĹŠ.ĹŠ#7(23#-ĹŠ$.1, +(" "#2ĹŠ ĹŠ+ ĹŠ'.1 ĹŠ"#ĹŠ ' !#1ĹŠ-#%.!(.2ĹŠ#-ĹŠ 21 #+Ä“Ä“ ĹŠ .ĹŠ/#.1ĹŠ#2ĹŠ' !#1+#ĹŠ2#-3(1ĹŠ4-ĹŠ3.-3.ĹŠ +ĹŠ Ĺ—(21 #+~Ä“
.2ĹŠ(21 #+(3 2ĹŠ,#9!+ -ĹŠ+.2ĹŠ-#%.!(.2ĹŠ!.-ĹŠ Ĺ—#+ĹŠ/+ !#1Ä“
ŗŊ.Ŋ2#Ŋ !.234, 1 Ŋ #2 1Ŋ +Ŋ2 +4" 1ē ŗŊŊ Ŋ, 8.1~ Ŋ"#Ŋ1#23 41 -3#2Ŋ#-Ŋ 21 #+Ŋ 2.-Ŋļ!.2'#1ČĔŊ-.Ŋ,#9!+ -Ŋ+.2Ŋ/1."4!3.2ĔŊ-(Ŋ
!#1".ĔŊ-(Ŋ+ Ŋ+#!'#ē
~ 2ĹŠ'; (+#2Ä–ĹŠ".,(-%.2ĹŠ ĹŠ)4#5#2ĹŠ"#ĹŠ ŗćđĖććŊ ĹŠÄˆÄ?ĖććĔŊ2 +5.ĹŠ"~ 2ĹŠ$#23(5.2Ä“
1(1ĹŠ#+ĹŠ!.,#1!(.
.2ĹŠ/1.!#2.2ĹŠ"#ĹŠ5#-3
Ä .1ĹŠ04_ĹŠ' !#1ĹŠ-#%.!(.2ĹŠ!.-ĹŠ 21 #+Ä&#x;Ä– (+(" "ĹŠ#!.-¢,(! ĹŠ8ĹŠ/.+~3(! Ä“ĹŠ Ĺ—ĹŠ$1#!#ĹŠ#23 ĹŠ -"4231( ĹŠ#-ĹŠ/#1, -#-3#ĹŠ"#2 11.++.Ä“ Ĺ—ĹŠ7!#+#-3#ĹŠ1#+ !(¢-ĹŠ!.,#1!( +ĹŠ!.-ĹŠ Ĺ—,_1(! ĹŠ 3(- Ä“ĹŠ ĹŠ ).2ĹŠ(-3#1#2#2Ä“ĹŠ Ĺ—ĹŠ -Ä„ !(¢-ĹŠ!.-31.+ " Ä“ Ĺ— Ä Â˘,.ĹŠ!.,#1!( +(9 1Ä&#x; ĹŠĹŠ31 5_2ĹŠ"#ĹŠ+ 2ĹŠ!;, 1 2Ä“ Ĺ—ĹŠ/1.5#!' 1ĹŠ+.2ĹŠ$.1.2ĹŠ8ĹŠ$#1( 2ĹŠ04#ĹŠ2#ĹŠ Ĺ—1# +(9 -Ä“ ĹŠ.-$.1, 1ĹŠ"#+#% !(.-#2ĹŠ!.,#1!( +#2Ä“ Ĺ—ĹŠ2#2.1 12#ĹŠ"#ĹŠ+.2ĹŠ31;,(3#2ĹŠ+#% +#2ĹŠ/ 1 ĹŠ Ĺ—2#1ĹŠ#7/.13 ".1ĹŠ/ 1 ĹŠ 21 #+ĹŠ#-ĹŠ+ 2ĹŠ#, Äą ) " 2ĹŠ.ĹŠ!;, 1 2ĹŠ"#ĹŠ!.,#1!(.Ä“
/ (ŋ&)-ŋ*, #) ŋ&ŋ-)$ŋ3ŋ &ŋ'v4 ĔŊŊě Bei fh[Y_ei Z[ bW
ie`WoZ[bcW‡po"[dc[dehc[# Z_ZW"[bZ[bjh_]eikX_[hed[d[b c[hYWZe Z[ 9^_YW]e" Z[X_Ze W gk[ 9^_dW i_]k[ _cfehjWdZe o WbWiZ[i\WlehWXb[iYedZ_Y_ed[i Yb_c|j_YWi[d7cƒh_YWZ[bIkh$ Bei_dl[hieh[ih[Y_X_[hedYed Wb_l_e[bWdkdY_eZ[_cfehjWdj[i YecfhWi Z[ ie`W feh fWhj[ Z[ 9^_dW$Æ;ijefheleYW[iYepehW gk_[d[if[diWXWdgk[bWlebkd# jWZY^_dWZ[hWb[dj_pWhik[Yede# c‡W_XWWW\[YjWhbWZ[cWdZWWb_# c[djWh_WÇ"[nfb_YÂŒH_Y^D[bied" Z[7bb[dZWb[$ BWi c[Z_ZWi jecWZWi feh 9^_dWfWhWZ[iWY[b[hWh[bYh[Y_#
c_[dje[YedÂŒc_YeobkY^WhYed# jhWbW_dĂ“WY_ÂŒd^WX‡Wd_dĂ“k_Ze Wcfb_Wc[dj[ [d bei fh[Y_ei Z[ bWi cWj[h_Wi fh_cWi W]h‡YebWi ZkhWdj[bWi‘bj_cWii[cWdWi$ BWi[cWdWi[WXh_ÂŒYedkdW Z[YbWhWY_ÂŒdZ[bc_d_ijheZ[7]h_# YkbjkhW [ijWZekd_Z[di[" Jec L_biWYa"gk_[d_d\ehcÂŒgk[9^_# dW^WX‡WĂ’hcWZeWYk[hZeifWhW YecfhWhc|iZ[+"+c_bbed[iZ[ jed[bWZWiZ[]hWdeiZ[ie`W"i_d fh[Y_iWh [b f[h‡eZe Z[ [iWi WZ# gk_i_Y_ed[i$ Beifh[Y_eiZ[bWie`WoZ[bcW‡p jWcX_ƒdi[ieijkl_[hedWYWkiWZ[ bWi[gk‡W[d7cƒh_YWZ[bIkh"[d fWhj_YkbWh[d7h][dj_dW$
ēŊ7(23#Ŋ%1 -Ŋ/.3#-!( +Ŋ!.,#1!( +Ŋ#-31#Ŋ , .2Ŋ/ ~2#2ĔŊ2. 1#Ŋ3.".Ŋ#-Ŋ#+Ŋ3#, Ŋ3#!-.+¢%(!.Ŋ8Ŋ %1~!.+
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
Ĉ
-Ŋ'(2/ -.ĔŊļ!4+/ +#Č "#Ŋ%.+/# 1Ŋ Ŋ , ĔŊŊěŊ
(-#š(Ĺ‹ (Ĺ‹ &Ĺ‹ ,Ĺ‹',#&&) Ä“ĹŠ+ĹŠ/.13 5(.-#2ĹŠ-4!+# 1ĹŠ#.1%#ĹŠ 2'(-%3.-ĔŊ2#ĹŠ"(1(%#ĹŠ8 ĹŠ ĹŠ+ ĹŠ9.- ĹŠ, 1~3(, ĹŠ241!.1# - ĹŠ/ 1 ĹŠ./ 13(!(/ 1ĹŠ!.-ĹŠ#ĂŒ+ĹŠ#-ĹŠ5 1(.2ĹŠ#)#1!(!(.2Ä“ĹŠ1!'(5.
2'(-%3.-ĹŠ8ĹŠ#ĂŒ+ĹŠ(-(!( -ĹŠ, -(. 1 2ĹŠ !.-)4-3 2Ä“ĹŠ4 +04(#1ĹŠ!'(2/ ĹŠ/4#"#ĹŠ /1#-"#1ĹŠ4-ĹŠ$4#%.ĹŠ(,/1#5(2( +#Ä“ Ă‹ ĔŊĹŊěŊ7kdZ‡WZ[bWicW#
d_eXhWic_b_jWh[iZ[;ijWZeiKd_# Zeio9eh[WZ[bIkh"bWj[di_ÂŒd Yedj_d‘W[dbWj[diW\hedj[hWZ[b CWh7cWh_bbe CWhEYY_Z[djWb " Wb_c[djWZW feh bWi Yedj_dkWi Wc[dWpWiZ[9eh[WZ[bDehj[$ ;ij[Zec_d]e9eh[WZ[bIkh o;;$KK$j_[d[dfh[l_ije_d_Y_Wh YkWjheZ‡WiZ[cWd_eXhWi$ ;b][d[hWbMWbj[hI^Whf"Ye# cWdZWdj[Z[bei(.$+&&[\[Yj_lei [ijWZekd_Z[di[i[ijWY_edWZei[d 9eh[WZ[bIkh"l_i_jÂŒbW_ibW eX`[jeZ[kdWjWgk[gk[Yed# i_Z[hÂŒ kdW ÆYbWhW l_ebWY_ÂŒd Z[b Whc_ij_Y_eÇYed[bgk[[d'/+)i[ fkieĂ’dWbW=k[hhWZ[9eh[W$ Bei[`[hY_Y_eic_b_jWh[ilWdW [\[YjkWhi[[djh[^eoo[bc_ƒhYe# b[i[dkdWpedWZedZ[YkWbgk_[h Y^_ifWfk[Z[fheleYWhkd [ijWbb_Ze Z[ Yedi[Yk[dY_Wi _cfh[l_i_Xb[io[djh[YedijWdj[i
Wc[dWpWifehfWhj[Z[bhƒ]_c[d Yeckd_ijWdehYeh[Wde$
ĹŠ ,#- 9 ĹŠ-.1!.1# -
Foed]oWd] Wi[]khÂŒ gk[ [ij| fh[fWhWZefWhWÆWd_gk_bWhÇ9e# h[W Z[b Ikh" i_ ik ieX[hWd‡W [i l_ebWZW ZkhWdj[ [iei [`[hY_Y_ei c_b_jWh[i [ _di_ij_ÂŒ [d gk[ h[i# fedZ[h|Æi_df_[ZWZWYkWbgk_[h fheleYWY_ÂŒdieXh[dk[ijhWZ_]# d_ZWZoieX[hWd‡WÇ$ ;dI[‘b^kXee‡ZeiiehZeiW bWiXhWlWjWidehYeh[WdWi$ ;b fh[i_Z[dj[ Yedi[hlWZeh B[[Cokd]#XWabb[]ÂŒWbfeZ[h[d \[Xh[heZ[(&&.WXe]WdZefeh cWde ZkhW ^WY_W [b l[Y_de Z[b dehj["f[he9eh[WZ[bIkh^Wik# \h_Ze[ij[W‹eZei]hWl[iWjWgk[i [dikYedjhWi_dgk[Z[ cec[dje^WoWZ[Y_Z_ZekdW h[ifk[ijWc_b_jWh$ ;dcWhpe"kdjehf[ZebWdpWZe
Z[iZ[kdikXcWh_dedehYeh[Wde ^kdZ_ÂŒkdWYehX[jWZ[bWCWh_dW ikhYeh[WdWoYWkiÂŒ*,ck[hjei [d[bCWh7cWh_bbe"i[]‘dbW_d# l[ij_]WY_ÂŒdZ_h_]_ZWfehI[‘bgk[ Foed]oWd]de h[YedeY[$ 7hW‡pZ[[i[WjWgk["I[‘bde be]hÂŒ kdW Z[dkdY_W YbWhW Z[b 9edi[`eZ[I[]kh_ZWZZ[bWEDK" gk[ YedZ[dÂŒ [b ^kdZ_c_[dje f[he de YkbfÂŒ Z_h[YjWc[dj[ W 9eh[WZ[bDehj["oeh]Wd_pÂŒ`kd# jeW;;KKcWd_eXhWii_c_bWh[i WbWigk[lWdWh[Wb_pWhi[[ij[Ă’d Z[i[cWdW$
.Ŋ04#Ŋ/ 2¢
;b ‘bj_ce WjWgk[ Z[ 9eh[W Z[b Dehj[ ieXh[ O[edfo[ed] ^W lk[bjeWZ_ifWhWhbWj[di_ÂŒd[d kdWf[d‡dikbWYeh[WdWgk[i_]k[ jƒYd_YWc[dj[[d]k[hhWZ[ifkƒi Z[gk[[bYedĂ“_YjeZ['/+&#'/+) j[hc_dWhWYedkdWhc_ij_Y_e[d bk]WhZ[kdjhWjWZeZ[fWp$ 9eh[WZ[bDehj[deh[YedeY[ bW \hedj[hW [d [b CWh 7cWh_bbe cWhYWZWWbĂ’dWbZ[bW]k[hhWZ[
)#1!(!(.2ĹŠ-.ĹŠ2.-ĹŠ !.-31 ĹŠ+ ĹŠ'(- Ĺ—ĹŠĹŠ
2Ŋ, -(. 1 2Ŋ #1.- 5 +#2Ŋ04#Ŋ 1# +(9 -Ŋ23 ".2Ŋ-(".2Ŋ8Ŋ.1# Ŋ "#+Ŋ41Ŋ#-Ŋ#+Ŋ, 1Ŋ, 1(++.Ŋ Ŋ/ 13(1Ŋ "#Ŋ'.8Ŋĥ-.Ŋ#23;-Ŋ"(1(%(" 2ĢŊ!.-31 Ŋ '(- ĔŊ04#Ŋ#7/1#2¢Ŋ24Ŋ./.2(!(¢-Ŋ Ŋ 3 +#2Ŋ#)#1!(!(.2ē
.2ĹŠ#)#1!(!(.2ĹŠ"#ĹŠ!4 31.ĹŠ"~ 2ĹŠ "#ĹŠ"41 !(¢-ĹŠ2#ĹŠ/1."4!(1;-ĹŠ#-ĹŠ+ 2ĹŠ /.231(,#1~ 2ĹŠ"#+ĹŠ 3 04#ĹŠ"#ĹŠ 13(++#1~ ĹŠ "#ĹŠ.1# ĹŠ"#+ĹŠ.13#ĹŠ!.-31 ĹŠ4- ĹŠ(2+ ĹŠ $1.-3#1(9 ĹŠ!.-ĹŠ.1# ĹŠ"#+ĹŠ41ĔŊ#ĹŠ(-!+4(Äą 1;-ĹŠ4-ĹŠ/.13 5(.-#2ĹŠ#23 ".4-("#-Äą 2#2ĹŠ!.-ĹŠ#+ĹŠÄƒ-ĹŠ"#ĹŠ!.-3#-#1ĹŠ!4 +04(#1ĹŠ !3(34"ĹŠ.$#-2(5 ĹŠ"#ĹŠ8.-%8 -%Ä“ -ĹŠ/.13 5.9ĹŠ"#ĹŠ+ ĹŠ! -!(++#1~ ĹŠ !'(- ĹŠ"().ĹŠ04#ĹŠ#*~-ĹŠ#23 ĹŠÄĄ/1#.!4Äą / " ĢŊ/.1ĹŠ+ 2ĹŠ, -(. 1 2ĔŊ %1#% -".ĹŠ 04#ĹŠ'(- ĹŠ2#ĹŠ./.-#ĹŠ ĹŠÄĄ!4 +04(#1ĹŠ !Äą !(¢-ĹŠ04#ĹŠ,(-#ĹŠ+ ĹŠ/ 9ĹŠ8ĹŠ+ ĹŠ#23 (+(" "ĹŠ #-ĹŠ+ ĹŠ/#-~-24+ Ŋĸ!.1# - ĚĢē
;bh[ifediWXb[Z[bei'(fkd# jeiZ[ikjkhWgk[h[Y_X_ÂŒWo[h [bfh[i_Z[dj[Z[;;$KK$"8W# hWYaEXWcW"[iH[o:[Y[h[]W" fh[i_Z[dj[Z[fhe]hWcWiZ[b ?dij_jkjeZ[b9WkYki>_ifWde Z[b9ed]h[ie"Wb]ebf[Whb[ _dlebkdjWh_Wc[dj[Yed[bYeZe ZkhWdj[kdfWhj_Ze_d\ehcWb Z[XWbedY[ije$ Æ>[Wfh[dZ_Zegk[[bfh[i_# Z[dj[[ikdZkheYecf[j_Zeh okdXk[dZ[fehj_ijW$:_i\hkjƒ `k]WdZeXWbedY[ijeYedƒb[ijW cW‹WdW$ ;ijeoi[]khegk[[ijWh|Z[ lk[bjWWbWYWdY^WfhedjeÇ" Z_`e:[Y[h[]W
(! 1 %4 ĹŠ 11#,#3#ĹŠ !.-31 ĹŠ.23 ĹŠ(! ĹŠ
ĔŊŊěŊBWh[fh[i[d#
jWdj[Z[D_YWhW]kWWdj[bW EDK"CWhoHkX_Wb[i"Z_`e Wo[hgk[9eijWH_YW^WiWb_Ze ÆYehh_[dZeZ[i[if[hWZWc[d# j[Ç[dbWi‘bj_cWii[cWdWi Wdj[Z_l[hieieh]Wd_icei" Yece[b9edi[`eZ[I[]kh_ZWZ Z[bWEDK"fWhW[nfed[h[b b_j_]_e\hedj[h_pegk[[d\h[djW YedikfW‡ifehgk[YWh[Y[Z[ Wi_Z[heb[]Wb$ BWZ_fbec|j_YWd_YWhW]”[d# i[i[‹WbÂŒ"[dZ[YbWhWY_ed[i ZWZWiWbYWdWb*Z[bWj[b[l_# i_ÂŒdbeYWb"W\‡dWb=eX_[hde iWdZ_d_ijW"gk[[b9edi[`e Z[I[]kh_ZWZZ[bWEDKde j_[d[Yecf[j[dY_W[dj[cWi b_c‡jhe\[i$
9eh[Wfeh[bYecWdZeZ[bWEDK b_Z[hWZefeh;;$KK"oWgk[Yed# i_Z[hWgk[\k[jhWpWZWkd_bWj[# hWbc[dj[Y[hYWZ[ikiYeijWi$
0)Ĺ‹ ),& -Ĺ‹ ,#.# Ĺ‹Ĺ‹ ĹŠ ĹŠ ĔŊ ĹŠ ěŊ ;b fh[i_Z[dj[ Xe# b_l_Wde ;le CehWb[i lebl_ÂŒ W WYkiWhWbW]k[hh_bbWYebecX_WdW Z[bWi<7H9Z[i[hl_hW;ijWZei Kd_Zei Z[ Æ_dijhkc[djeÇ fWhW j[d[hfh[i[dY_Wc_b_jWhdeiÂŒbe [d 9ebecX_W i_de [d 7cƒh_YW BWj_dW$ ÆBWc[dje ckY^e Z[Y_h gk[ bWi <7H9 ied [b _dijhkc[dje fWhW gk[ ;ijWZei Kd_Zei ]W# hWdj_Y[kdWfh[i[dY_Wc_b_jWh[d 9ebecX_WofehjWdje[dBWj_de# Wcƒh_YWÇ"Z_`e[bCWdZWjWh_e_p# gk_[hZ_ijW$ CehWb[i W‹WZ_ÂŒ gk[ Æoe de fk[Ze Yh[[h gk[ bWi f[hiedWi eh]Wd_pWZWi[dbWi<7H9Z[9e# becX_W jeZWl‡W f_[di[d gk[ bW bkY^WWhcWZW[ikd_dijhkc[dje Z[b_X[hWY_ÂŒd"deYh[eÇ$ I[]‘d bW ^_fÂŒj[i_i Z[b ]e#
X[hdWdj[bWi<k[hpWi7hcWZWi H[lebkY_edWh_Wi Z[ 9ebecX_W <7H9 i[^WdYedl[hj_Ze[dÆ[b c[`eh_dijhkc[djeZ[b_cf[h_eÇ oWgk[Æ[d[ijWYeokdjkhW[i[b _cf[h_egk[b[lWdjWWhcWiYed# jhWbeifk[XbeiÇ$ I[]‘dCehWb[i"MWi^_d]jed fhecel_ÂŒ kdW e\[di_lW Z[ bW Z[h[Y^W YedjhW ik ]eX_[hde [d (&&."_cfkbiÂŒ[bZ[hheYWc_[dje Z[b ^edZkh[‹e CWdk[b P[bWoW [d(&&/ojhWjÂŒZ[Z[iYWX[pWh[b hƒ]_c[dZ[;YkWZeh"[d(&'&$ BWi<7H9dei[f[hYWjWdgk[ ÆW^ehWbWh[lebkY_ÂŒdi[^WY[Yed lejeiodeYedbWXWbWÇ"ieijkle$ ;bfh[i_Z[dj[Xeb_l_Wde[ikd Yh‡j_Ye Z[b WYk[hZe WbYWdpWZe [djh[MWi^_d]jedo8e]ej|fWhW [bkieZ[XWi[iYebecX_WdWifeh jhefWic_b_jWh[iZ[;;$KK$
3;231.$#Ŋ% - "#1 Ŋ /.1Ŋ++45( 2Ŋ#-ŊŊ .+., ( :ĔŊŊěŊKdWi*&$&&&
ÂĄÄ“ĹŠ+ĹŠ -" 3 1(.ĹŠ2.23(#-#ĹŠ04#ĹŠ+ 2ĹŠ1#5.+4!(.-#2ĹŠ8 ĹŠ-.ĹŠ2#ĹŠ' !#-ĹŠ!.-ĹŠ 1, 2Ä“ĹŠ1!'(5.
h[i[ii[^WdW^e]WZe[dbWi _dkdZWY_ed[ifheleYWZWifeh bWi_dj[diWibbkl_Wigk[W\[Y# jWdW9ebecX_W"h[l[bÂŒWo[h[b fh[i_Z[dj[Z[bW<[Z[hWY_ÂŒd DWY_edWbZ[=WdWZ[hei <[Z[# ]Wd "@eiƒ<ƒb_nBW\Wkh_[$ JeZe[bi[Yjeh]WdWZ[he^W j[d_ZeÆi[h_WiYedi[Yk[dY_WiÇ feh[b\[dÂŒc[deYb_cWje# bÂŒ]_YeZ[BWD_‹Woc|iZ[ Zeic_bbed[iZ[YWX[pWiZ[ ]WdWZe^Wdj[d_Zegk[i[h h[kX_YWZWi"i[‹WbÂŒBW\Wkh_[ [dcec[djei[dbeigk[i[ Y[b[XhW[b9ed]h[ieDWY_edWb Z[=WdWZ[hei[dbWY_kZWZ YWh_X[‹WZ[9WhjW][dW$
ĉ
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. ÄŒĹ?
/ &)Ĺ‹ & .),&Ĺ‹ (Ĺ‹#.v
4,(".ĹŠ#-ĹŠ#+ĹŠ!¢Ĺ +#1 ĔŊ#+ĹŠ/ ~2ĹŠ,;2ĹŠ /. 1#ĹŠ"#ĹŠ,_1(! ĹŠ #2!.%#1;ĹŠ'.8ĹŠ4-ĹŠ -4#5.ĹŠ1#2("#-3#Ä“ ĹŠ} ĔŊŊěBeiY_kZW# ZWdeii[fh[Y_f_jWXWdWo[hfWhW h[j_hWh iki jWh`[jWi [b[YjehWb[i Wdj[iZ[bWi[b[YY_ed[ifh[i_Z[d# Y_Wb[iZ[^eo[d>W_j‡"fW‡iWpe# jWZefehkdW[f_Z[c_WZ[YÂŒb[hW ZedZ[kdYWdZ_ZWjeZ[b‡d[WeĂ’# Y_Wb_ijWokdW[nfh_c[hWZWcW i[Z_ifkjWh|d[bfeZ[h$ KdW_dc[diWYebW"Zeil[Y[i c|ibWh]Wgk[Wfh_dY_f_eiZ[bW i[cWdW"i[[nj[dZ‡WZ[bWdj[Z[ bWYec_iWh‡WZ[Fƒj_ed#l_bb[[d# YWh]WZWZ[Z_ijh_Xk_hbeiYWhdƒi Z[_Z[dj_Ă’YWY_ÂŒdgk[f[hc_j_h|d lejWh[d[ij[[b[]Wdj[ikXkhX_e Z[Fk[hjeFh‡dY_f[$ Kdj[hh[ceje"[b^khWY|dJe# cWi o kdW [f_Z[c_W Z[ YÂŒb[hW0 [bW‹egk[j[hc_dW^Wi_Zecko Yhk[bfWhW[bfW‡ic|ifeXh[Z[bWi 7cƒh_YWi"ZedZ[c_b[iZ[YWiYei Wpkb[ii[[dYWh]WdZ[]WhWdj_pWh [behZ[dZ[iZ[^WY[i[_iW‹ei$ Beic|iZ[*c_bbed[iZ[[b[Y# jeh[ide[if[hWdc_bW]heiZ[bei '.YWdZ_ZWjeigk[i[fh[i[djWd WbYec_Y_efh[i_Z[dY_Wb"gk[i[ Z[iWhhebbWWbc_icej_[cfegk[ bW[b[YY_ÂŒdb[]_ibWj_lW$ BW YWcfW‹W Z[i[cXeYÂŒ [d Z_ijkhX_ei gk[ Z[`Whed Zei ck[hjei [djh[ fWhj_ZWh_ei Z[ beiYWdZ_ZWjeih_lWb[i"[djWdje [bZ_h[YjehZ[bh[]_ijhe[b[YjehWb Z_`eieif[Y^WhZ[Æ\hWkZ[ifeh jeZWifWhj[iÇ$
ÄĽ .2ĹŠ,;2ĹŠ$4#13#2ÄŚ
Bei Wif_hWdj[i fh[i_Z[dY_Wb[i
ēŊ+Ŋ! -"(" 3.Ŋ Ŋ+ Ŋ/1#2("#-!( Ŋ/.1Ŋ#+Ŋ/ 13(".Ŋ ĔŊ 4"#Ŋ#+#23(-Ŋĸ!ĚĔŊ2 +4" Ŋ Ŋ242Ŋ2#%4(".1#2Ŋ#-Ŋ4#13.Ŋ1~-!(/#ēŊ
Yed fei_X_b_ZWZ[i Z[ WYY[Z[h W bW i[]kdZW lk[bjW Z[b ', Z[ [d[he"i[]‘dbeiiedZ[ei"ied @kZ[9[b[ij_d"Z[*.W‹ei"o[h# deZ[bfh[i_Z[dj[iWb_[dj[H[dƒ Fh[lWb" gk_[d be WfWZh_dW1 o C_hbWdZ[CWd_]Wj"Z[-&W‹ei" [\‡c[hWfh_c[hWZWcWZ[>W_j‡ [d'/..$ 9[b[ij_d \k[ decXhWZe feh Fh[lWb fWhW [ijWh W bW YWX[pW Z[b 9[djhe DWY_edWb Z[ ;gk_# fWc_[djei 9D; "[beh]Wd_ice f‘Xb_Ye[dYWh]WZeZ[jeZWibWi _d\hW[ijhkYjkhWi$ ;d [ij[ fk[ije Z_h_]_Œ jeZW bW fh_c[hW fWhj[ Z[ bW h[Yedi# jhkYY_ŒdZ[bfW‡iZ[lWijWZefeh [bi_ice[b'(Z[[d[he"gk[Z[`Œ kdei(+&$&&&ck[hjeioc|iZ[
kdc_bbÂŒdZ[ZWcd_Ă’YWZei$ ÆLWcei W ]WdWh fehgk[ ie# cei bei c|i \k[hj[iÇ" Z_`e [b YWdZ_ZWje\h[dj[Wc_b[iZ[i[# ]k_Zeh[i h[kd_Zei [d Fk[hje Fh‡dY_f["gk_[d[ibeWYbWcWhed YkWdZe fhec[j_ÂŒ [cfb[e fWhW jeZeibei`ÂŒl[d[i$ ÆDWZ_[ be]hW h[kd_h W jWd# jW][dj[Ç"Wi[]khÂŒ[ij[^ecXh[ Z[X_]ej[heZ[WZeZ[fWdYWhjWi WcWh_bbWi o l[hZ[i" bei Yebeh[i Z[b?d_jƒ Kd_ZWZ[dYh[eb[ "[b fWhj_Ze[d[bfeZ[h$ 9WiWZeYedbW^_`WZ[bfh[i_# Z[dj[iWb_[dj["9[b[ij_di[fh[# i[djW Yece [b YWdZ_ZWje Z[ bW Yedj_dk_ZWZoi[Z[ifbWpW[d^[# b_YÂŒfj[he ZkhWdj[ bW YWcfW‹W$ Iki_j_e[d?dj[hd[jdefh[i[djW _d\ehcWY_ÂŒdieXh[ikfhe]hWcW Z[ =eX_[hde" o [b YWdZ_ZWje h[Y^WpWYWi_jeZWibWi[djh[l_i# jWi"[d[if[Y_WbYedbWfh[diW _dj[hdWY_edWb$ (-ĹŠ/1.,#2 2
:[bbWZeefk[ije"i[[dYk[d#
2(ĹŠÄˆÄ“Ä?ććŊ ,4#13.2 ĹŠĹŠ ĹŠ#/("#,( ĹŠ"#ĹŠ!¢+#1 ĹŠ04#ĹŠ 9.Äą Ĺ—3 ĹŠ ĹŠ (3~ĹŠ"#2"#ĹŠ,#"( ".2ĹŠ"#ĹŠ.!Äą
34 1#ĹŠ"#) ĹŠÄˆÄ“Ä?ÄŒÄ‘ĹŠ,4#13.2ĔŊ2#%ĂŒ-ĹŠ 4-ĹŠ-4#5.ĹŠ + -!#ĔŊ#-ĹŠ5~2/#1 2ĹŠ"#ĹŠ + 2ĹŠ#+#!!(.-#2ĹŠ/1#2("#-!( +#2ĹŠ8ĹŠ +#%(2+ 3(5 2Ä“ +ĹŠ, +ĹŠ $#!3 ĹŠ ĹŠ4-ĹŠ3.3 +ĹŠ"#ĹŠ Ä?ĉēćĈÄ?ĹŠ/#1.- 2ĹŠ8ĹŠ. +(%¢Ŋ ĹŠÄŠÄˆÄ“Ä‰ÄˆÄ‡ĹŠ '.2/(3 +(9 !(.-#2ĔŊ4- 2ĹŠÄˆÄ“ÄŠÄŠÄ’ĹŠ,;2ĹŠ 04#ĹŠ+ 2ĹŠ2# + " 2ĹŠ#-ĹŠ#+ĹŠ + -!#ĹŠ -3#1(.1Ä“ -3.ĹŠ !(.-#2ĹŠ-(" 2ĹŠ!.,.ĹŠ + ĹŠ1% -(9 !(¢-ĹŠ - ,#1(! - ĹŠ "#ĹŠ+ ĹŠ +4"ŊĸĚĔŊ1 , ĹŠ"#ĹŠ+ ĹŠ 1% -(9 !(¢-ĹŠ 4-"( +ĹŠ"#ĹŠ+ ĹŠ +4"ĹŠ ĸ ĚĔŊ)49% -ĹŠ04#ĹŠ#+ĹŠ4, 1 +ĹŠ"#ĹŠ +.2ŊĉććēćććŊ! 2.2ĹŠ/."1~ ĹŠ2#1ĹŠ 24/#1 ".ĹŠ#-ĹŠ31#2ĹŠ,#2#2Ä“
jhW bW YWdZ_ZWjW CWd_]Wj" fhe\[iehW kd_l[hi_jWh_W" gk[ h[Y^WpW bWi fhec[iWi$ ÆBWi fhec[iWidei_hl[dfWhWdWZW" d[Y[i_jWcei WYY_ÂŒdÇ" Z_`e W bW fh[diW$ Æ;b Z[iWhhebbe [YedÂŒ# c_YeZ[bfW‡i[ikdW[cfh[iWW bWh]efbWpeodec[fWh[Y[gk[ [bfW‡ifk[ZWh[Ykf[hWhi[Wd# j[iZ['&e'+W‹eiÇ$ ;diki_j_e[d?dj[hd[j"CW# d_]Wj [leYW ÆbWi Z[i_]kWbZWZ[i ieY_Wb[iÇofed[WbW[ZkYWY_ÂŒd Yece kdW Z[ iki fh_eh_ZWZ[i$ 7Xe]WfehÆkdWbb[]WZWWbfeZ[h Z[kd[gk_feYecf[j[dj[o^e# d[ijeÇoÆkdYWcX_ehWZ_YWbZ[ WYj_jkZ[iZ[fWhj[Z[bei]eX[h# dWdj[i_dYWfWY[ioYehhkfjeiÇ$ BWYWdZ_ZWjWi[ck[ijhW\W# lehWXb[ W kdW fWhj_ZW fhe]h[# i_lWZ[beiYWiYeiWpkb[i"Z[bei YkWb[i [b Yedj_d][dj[ d[fWbƒi \k[WYkiWZeZ[^WX[hfhefW]WZe [bYÂŒb[hW"gk[^WZ[`WZec|iZ[ '$,&&ck[hjeiZ[iZ[c[Z_WZei Z[eYjkXh[$
(34 !(¢-
/("#,( Ŋ8Ŋ5.3.2 Ŋ+Ŋ)#$#Ŋ"#Ŋ+ Ŋ,(2(¢-Ŋ"#Ŋ+ ŊĔŊ",4-"Ŋ ŗ 4+#3ĔŊ1#(3#1¢Ŋ04#Ŋ-(-%4-.Ŋ"#Ŋ+.2Ŋ2.+" ".2Ŋ #1 -Ŋ/.13 ".1#2Ŋ"#Ŋ!¢+#1 ē
ĹŠ-ĹŠ(-# 1 ĔŊ+ ĹŠĹŠ(-"(!¢Ŋ04#ĹŠ1#!( (¢Ŋ2¢+.ĹŠ Ĺ—ÄˆÄ’Ä”ÄŒĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ"#ĹŠ+.2ĹŠÄˆÄ?ÄŒĹŠ,(++.-#2ĹŠ 04#ĹŠ/("(#1.-ĹŠ/ 1 ĹŠ!., 3(1ĹŠ+ ĹŠ#/("#,( Ä“
ŊŊ Ŋ1% -(9 !(¢-Ŋ 4-"( +Ŋ"#Ŋ+ Ŋ +4"Ŋ ŗĸ ĚŊ 2#%41¢Ŋ04#Ŋ+ 2Ŋ#+#!!(.-#2Ŋ-.Ŋ !#-34 1;-Ŋ+ Ŋ/1./ % !(¢-Ŋ"#Ŋ!¢+#1 ē
Ä“ĹŠ (1+ -"#ĹŠ -(% 3ĹŠ#2ĹŠ4- ĹŠ $4#13#ĹŠ 2/(1 -3#ĹŠ ĹŠ+ ĹŠ1#2("#-!( Ä“ĹŠ1!'(5.
#!/ Ĺ‹&Ĺ‹ *)&Z'# Ĺ‹ *),Ĺ‹ ' #)Ĺ‹ &#'6.# )
+ĹŠ#23 ".ĹŠ"#+ĹŠ:13(!.ĹŠ 8ĹŠ"#ĹŠ+.2ĹŠ.!_ -.2ĹŠ (-!("#ĹŠ#-ĹŠ+ 2ĹŠ,#"(Äą !(.-#2ĹŠ5 1( +#2ĹŠ"#ĹŠ +.2ĹŠ!(#-3~ă!.2Ä“
ĔŊŊě;bh_jceZ[bYWcX_e Yb_c|j_Ye[dbW‘bj_cWZƒYWZWi[^W ikX[ij_cWZefehfWhj[Z[beiY_[d# j‡ÒYeifehbW\WbjWZ[ZWjeiieXh[ bWlWh_WY_ÂŒdZ[j[cf[hWjkhW[d[b Ă›hj_YeofehbWijhWdi\ehcWY_ed[i Z[i_ij[cWZ[c[Z_Y_ÂŒdZ[bWj[c# f[hWjkhWZ[beieYƒWdei$ 7i‡beWĂ’hcWkd_d\ehc[Z_\kd# Z_ZefehbWC[jEĂśY[Ă„bWEĂ’Y_dW C[j[ehebÂŒ]_YWZ[bH[_deKd_ZeĂ„" gk[h[Yk[hZWgk[bei‘bj_cei'& W‹ei^Wdh[fh[i[djWZebWZƒYWZW c|iY|b_ZWh[]_ijhWZW^WijWbW\[# Y^Wogk[ikXhWoWgk[bWj[dZ[d# Y_WZ[YWb[djWc_[dje[d[bfbWd[jW i[cWdj_[d[$
48ĹŠ! +(#-3#ĹŠ.ĹŠ-.
Beic[j[ehŒbe]eiXh_j|d_Yeih[# YedeY[d[b^[Y^eZ[gk[[bh_jce Z[YWb[djWc_[djeZ[bfbWd[jWi[ ^WhWb[dj_pWZe[d[ijei‘bj_cei '&W‹eiYedh[if[YjeWbWZƒYWZW
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
ÄŠ
#!.,#-" !(¢1.3#) Ŋ +Ŋ#-3.1-.
.ĹŠ "04(#1 ĹŠ.ĹŠ31 -2/.13#ĹŠ.104~"# 2ĹŠ2(+5#231#2Ä“
Wdj[h_eh"f[hebeWjh_Xko[dWlW# h_WY_ed[idWjkhWb[iZ[bYb_cW$ ;b_d\ehc["gk[i[ZWWYedeY[h [dl‡if[hWiZ[bW9ed\[h[dY_W_d# j[hdWY_edWbieXh[9WcX_e9b_c|# j_Yegk[i[Y[b[XhWh|Z[iZ[cW‹W# dW[d9WdY‘d Cƒn_Ye "ikXhWoW gk[[bf[h_eZe[djh[i[fj_[cXh[Z[ (&&/o(&'&\k[[bi[]kdZec|i Y|b_Ze[dbeih[]_ijhei^_ijÂŒh_Yei$ BWC[jEĂśY[_dZ_YWgk[Z[iZ[ bWZƒYWZWZ['/-&[bWkc[djeZ[ bWj[cf[hWjkhW^Wi_ZeZ[kdWc[# Z_WZ[&"',]hWZeiY[dj‡]hWZeifeh ZƒYWZWogk[[dbW‘bj_cWZƒYWZW [i[_dYh[c[dje^W[ijWZe[djh[bei &"&+obei&"')]hWZei"Z[f[dZ_[d# ZeZ[bW\k[dj[gk[i[Yedikbj[$ BWEĂ’Y_dWC[j[ehebÂŒ]_YWWh]k# c[djÂŒgk[bW[ij_cWY_ÂŒdWbWXW`W j_[d[gk[l[hjWcX_ƒdYed[bYWc# X_eZ[bi_ij[cWZ[c[Z_Y_ÂŒdZ[bWi W]kWi eY[|d_YWi" Yed bW ikij_jk# Y_ÂŒdZ[bWic[Z_Y_ed[ih[Wb_pWZWi Z[iZ[XWhYeifehbWic[Z_Y_ed[i YedXeoWiWbWZ[h_lW$
¥ēŊ7(23#Ŋ4- Ŋ ,/+( Ŋ5 1(#" "Ŋ"#Ŋ(-"(! ".1#2Ŋ04#Ŋ2423#-3 -Ŋ+ Ŋ'(/¢3#2(2Ŋ"#+Ŋ! , (.Ŋ!+(,;3(!.ē
Ä 2ĹŠ- 341 +Ä&#x; Ĺ—ĹŠĹŠ(!*8ĹŠ./#ĔŊ 2#2.1 ĹŠ)#$#ĹŠ2. 1#ĹŠ ! , (.ĹŠ!+(,;3(!.ĹŠ"#ĹŠ#23 ĹŠ.ă!(- ĔŊ"#Äą
!+ 1¢ĖŊĥ+ ĹŠ3#-"#-!( ĹŠ"#ĹŠ! +#-3 ,(#-3.ĹŠ 2#ĹŠ' ĹŠ1#"4!(".ĹŠ+(%#1 ,#-3#Ä“ĹŠ." 5~ ĹŠ ' 8ĹŠ4- ĹŠ/1./#-2(¢-ĹŠ"#ĹŠ! +#-3 ,(#-3.ĔŊ /#1.ĹŠ-.ĹŠ#2ĹŠ3 -ĹŠ1;/(" Ģē ÄĄ ĹŠ/1#%4-3 ĹŠ#2ĹŠ/.1ĹŠ04_ĹŠ' ĹŠ.!411(".Ä“ĹŠ 2ĹŠ4- ĹŠ!4#23(¢-ĹŠ ĹŠ+ ĹŠ04#ĹŠ +4"#-ĹŠ!.-ĹŠ$1#Äą !4#-!( ĹŠ+.2ĹŠ#2!_/3(!.2ĹŠ2. 1#ĹŠ#+ĹŠ! , (.ĹŠ !+(,;3(!.ĢĔŊ $(1,¢Ŋ./#ĔŊ04(#-ĹŠ#7/+(!¢Ŋ 04#ĹŠ' 8ĹŠ5 1(.2ĹŠ$ !3.1#2ĹŠ04#ĹŠ+.ĹŠ#7/+(! -Ä“ #%ĂŒ-ĹŠ#23 ĹŠ,#3#.1¢+.% ĔŊ#+ĹŠ!+(, ĹŠ 3(#-#ĹŠ4-ĹŠ!.,/.-#-3#ĹŠ"#ĹŠ5 1( (+(" "ĹŠ - 341 +ĔŊ ĹŠ+.ĹŠ04#ĹŠ' 8ĹŠ04#ĹŠ24, 1ĹŠ+.ĹŠ ! , (.2ĹŠ#-ĹŠ+ ĹŠ$4#19 ĹŠ"#+ĹŠ.+ĔŊ#+ĹŠ(-!1#Äą ,#-3.ĹŠ"#ĹŠ+ 2ĹŠ#,(2(.-#2ĹŠ"#ĹŠ #1.2.+#2ĹŠ #-ĹŠ2( ĹŠ"# (".ĹŠ +ĹŠ(-!1#,#-3.ĹŠ"#ĹŠ+ ĹŠ !3(5(" "ĹŠ(-"4231( +ĹŠ8ĹŠ+.2ĹŠ! , (.2ĹŠ#-ĹŠ + ĹŠ! -3(" "ĹŠ"#ĹŠ5 /.1ĹŠ"#ĹŠ %4 ĹŠ#-ĹŠ+ ĹŠ #231 3.2$#1 Ä“
Ä“ĹŠ #3ĹŠÄ…!#ĹŠ 5#-341 ĹŠ04#ĹŠ+ 2ĹŠ3#,/#1 341 2ĹŠ' -ĹŠ24 (".ŊćĔćĊŊ%1 ".2ĹŠ !#-3~%1 ".2ĹŠ/.1ĹŠ#-!(, ĹŠ"#ĹŠ+.2ĹŠ1#%(231.2ĹŠ.ă!( +#2Ä“
0/ &0 (ŋ&ŋ )(!)ŋ!),#&-ŋ *./, ) ĔŊŊěHkWdZW^WZ[lk[bje
W bW H[f‘Xb_YW :[ceYh|j_YW Z[b 9ed]e H:9 Zei]eh_bWiZ[ced# jW‹Wh[iYWjWZeiZ[cWdeiZ[YWpW# Zeh[i\khj_lei"_d\ehcÂŒ[bZ_Wh_e hkWdZƒiĂˆJ^[D[mJ_c[iÉ$ Bei fh_cWj[i" CW_i^W" kdW ^[cXhW Z[ dk[l[ W‹ei" o AW# Xeae"kdcWY^eZ[i[_i"\k[hed iec[j_ZeiWkdh[YedeY_c_[dje l[j[h_dWh_eWdj[iZ[i[h[djh[]W# ZeiWbWiWkjeh_ZWZ[iZ[bWH:9$ CW_i^W o AWXWae" gk[ [ijk# l_[hedjh[iW‹ei[dkdY[djheZ[ Yk_ZWZeiZ[bWbeYWb_ZWZhkWdZ[# iWZ[A_d_]_"j[dZh|dgk[fWiWh WZ[c|i kd c[i [d YkWh[dj[dW Wdj[iZ[lebl[hWik[djehdedW# jkhWb"`kdjeWejheiWd_cWb[iZ[ ikc_icW[if[Y_[$
Ä“ĹŠ.-ĹŠ+.2ĹŠ -(, +#2ĹŠ,;2ĹŠ ,#- 9 ".2ĹŠ/.1ĹŠ+ ĹŠ! !#1~ ĹŠ(+#% +Ä“
[i\k[hpefWhWikf[hWhbeiZ[iW\‡ei gk[ikfed[bWYedi[hlWY_ÂŒdZ[bW [if[Y_[Ç"_dZ_YÂŒH_YWHm_]WcXW" h[ifediWXb[Z[Jkh_iceo9edi[h# lWY_ÂŒdZ[b=hkfefWhW[bFhe]h[ie Z[HkWdZW$ BWiWkjeh_ZWZ[ihkWdZ[iWih[i# YWjWhedWCW_i^W[d(&&*"c_[d# jhWigk[AWXeae\k[h[Ykf[hWZe [d(&&-$7Z[c|i"cWdj_[d[[dik j[hh_jeh_eejheii[_i]eh_bWih[iYW# jWZeigk[[ij|df[dZ_[dj[iZ[Z[# lebkY_ÂŒdWikbk]WhZ[eh_][d$ :[iZ[ fh_dY_f_ei Z[ (&&." - ĹŠ1#2/.-2 (+(" " ÆBei]eh_bWiZ[cedjW‹Wiedkd K]WdZW"HkWdZWobWH:9_d_Y_W# fh_l_b[]_egk[j[d[cei"f[hejWc# hedkdWfeb‡j_YWjhWdi\hedj[h_pW X_ƒdkdWh[ifediWX_b_ZWZ$;ijWYe# Yec‘dfWhWfhej[][hW[ijW[i# bWXehWY_ÂŒdh[]_edWbZ[ck[ijhW[b f[Y_[Wc[dWpWZWZ[[nj_dY_ÂŒd$
.2ĹŠ 2(23#-3#2ĹŠ ĹŠ -!ĂŒ-
^ ĔŊŊě- ĹŠ5#(-3#- ĹŠ"#ĹŠ, -" 3 1(.2ĹŠ"#ĹŠ3.".ĹŠ#+ĹŠ,4-".ĹŠ' -ĹŠ!.-ă1, ".ĹŠ24ĹŠ 2(23#-!( ĹŠ ĹŠ+ ĹŠ ĹŠ
.-$#1#-!( ĹŠ"#ĹŠ+ ĹŠĹŠ2. 1#ĹŠ , (.ĹŠ+(,;3(!.ĹŠ04#ĹŠ2#ĹŠ"#2 11.++ 1;ĹŠ#-ĹŠ -!ĂŒ-ĹŠ#-31#ĹŠ#+ŊĉĒŊ"#ĹŠ-.5(#,Äą 1#ĹŠ8ĹŠ#+ĹŠÄˆÄ‡ĹŠ"#ĹŠ"(!(#, 1#Ä“ĹŠ ĹŠ!(3 ĔŊ!.-5.! " ĹŠ/ 1 ĹŠ "./3 1ĹŠ,#"(" 2ĹŠ!.-31 ĹŠ#+ĹŠ! +#-3 ,(#-3.ĹŠ%+. +ĹŠ"#+ĹŠ /+ -#3 ĔŊ!.-3 1;ĹŠ!.-ĹŠ+ ĹŠ 2(23#-!( ĹŠ"#ŊĉĎēćććŊ/#12.- 2ĔŊ#-31#ĹŠ"#+#% ".2ĹŠ%4 #1- ,#-3 +#2ĔŊ$4-!(.- 1(.2ĹŠ "#ĹŠ !(.-#2ĹŠ-(" 2ĔŊ.1% -(9 !(.-#2ĹŠ,#"(. , (#-3 +#2ĹŠ8ĹŠ/#1(."(23 2Ä“
Ä Ä€
ĹŠ ĹŠ
#%1#2 ĹŠ ĹŠ+.ĹŠ248.ĹŠ
šBk[]eZ[[ijh[dWhi[YececWc|"bW[n C_ii;YkWZehh[jehdWWbWifWiWh[bWi$;b[l[dje X[dÂƒĂ’YeĂˆ8[bb[pWifehbWl_ZWÉi[h|bW]WbW[dbWgk[ bWcWdWX_jWh[]h[iWWbeiZ[iĂ’b[io[ijWl[pbe^Wh| [dYWb_ZWZZ[Wd_cWZehW$;d[ijWY_jW"Z_i[‹eiZ[ Bk_iJ_ffWd"A[_dF_[ZhW^_jW";bl_W7blWhWZe">k]e M_bied"@Wc[i9|hZ[dWi"CWh‡W:[b_WJehh[ii[h|d [nfk[ijeifWhWh[YWkZWh\edZeiWX[d[Ă’Y_eZ[bei d_‹eiocWZh[i_d\[YjWZeiYedL?>$;b[l[djei[h|[b )&Z[del_[cXh[[d[b9[djheZ[9edl[dY_ed[i$
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĂĉĹ?Ĺ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?Ĺ?
ĹŠ ĹŠ
Ä .2ĹŠ"#ĹŠ4-ĹŠ3(1.Ä&#x;
ĹŠ: ŊŊěŊŊ .2ĹŠ14,.1#2ĹŠ "#ĹŠ04#ĹŠ+ ĹŠ! -3 -3#ĹŠ/."1~ ĹŠ#23 1ĹŠ #2/#1 -".ĹŠ%#,#+.2ĹŠ!.-3(-ĂŒ -Ä“ĹŠ #%ĂŒ-ĹŠ#+ĹŠÄĽ +.%ÄŚĹŠ"#ĹŠ!#+# 1(" "#2ĹŠ ÄĽ#1#9ĹŠ(+3.-ČĔŊ04#ĹŠ!(3 ĹŠ ĹŠ+ ĹŠ 1#5(23 ĹŠÄĽ3 1ČĔŊ"41 -3#ĹŠ#+ĹŠ+ -9 Äą ,(#-3.ĹŠ"#ĹŠ24ĹŠ-4#5.ĹŠĹŠÄĽ #118ĹŠ '1(23, 2ĹŠ ĹŠ .4ČĔŊ+ ĹŠ 13(23 ĹŠ"(.ĹŠ ĹŠ#-3#-"#1ĹŠ04#ĹŠ/."1~ ĹŠ#23 1ĹŠ#2Äą /#1 -".ĹŠ%#,#+.2Ä“ĹŠĹŠ ĹŠ(-3_1/1#3#ĹŠ 2#ĹŠ1#$(1(¢Ŋ +ĹŠ'().ĹŠ04#ĹŠ5(#-#ĹŠ8ĹŠ 43(+(9 -".ĹŠ#+ĹŠ/+41 +ĹŠ"().Ä–ĹŠÄĄ2/#1.ĹŠ 04#ĹŠ#++.2ĹŠ-.ĹŠ."(#-ĹŠ+ ĹŠ 5(" "ĢēŊ
ŊIJ
ĹŠ
}ŊēŊ 1(.2Ŋ"#Ŋ+.2Ŋ(-3#%1 -3#2Ŋ2#Ŋ!.-.!(#1.-Ŋ#-Ŋ+.2Ŋ1#/ 2.2Ŋ"#+Ŋ!4#1/.Ŋ"#Ŋ+(3#Ŋ"#Ŋ , .1(+#1.2ĔŊ"(1(%(".Ŋ/.1Ŋ#+Ŋ/1.$#2.1Ŋ""(#Ŋ #)~ ĔŊ#-Ŋ#+Ŋ 104#Ŋ"#Ŋ Ŋ 1.+(- ē
- ĹŠ"_! " ĹŠ"#ĹŠ,ĂŒ2(! ĹŠ
ĹŠ1#!.-.!(" ĹŠ -" ĹŠ"#ĹŠ/#1!42(¢-ĹŠ $#23#)¢Ŋ24ĹŠ -(5#12 1(.ĹŠÄˆÄ‡ĹŠ!.-ĹŠ4- ĹŠ%1 -ĹŠ !#+# 1 !(¢-Ä“ĹŠ
9ed kdW ]hWd Ă’[ijW" JecXWYa WiecXhebW[lebkY_ÂŒdgk[^Wj[# Y[b[XhÂŒiki'&W‹eiZ[jhWo[Yje# d_Ze[b]hkfe$ h_W"bWdeY^[Z[b`k[l[i[dbWZ_i# #ĹŠ/1#-"(¢Ŋ+ ĹŠÄƒ#23 Yej[YWBW@kb_WdWZ[Gk_je$ 7c_]ei" \Wc_b_Wh[i o h[fh[# 9[hYWZ[bWi((0*&"bei_dj[]hWd# i[djWdj[iZ[beiZ_\[h[dj[ic[# j[iZ[JecXWYaiWb_[hedWb[iY[# Z_ei Z[ Yeckd_YWY_ÂŒd dWh_e"l[ij_ZeiYedkdWi Wi_ij_[hed Wb [l[dje Z[ ĹŠ YWc_iWiXbWdYWiYedd[# Wd_l[hiWh_eZ[[ijWW]hk# ]he"Wdj[WfbWkieio]h_# fWY_ÂŒdgk[^Wh[fh[i[d# jeiZ[beifh[i[dj[i$ ĂˆFWjWYkdYkdfhWÉ"ĂˆH[# jWZeWbfW‡i[dlWh_ei\[i# +ĹŠ%14/.ĹŠ3(#-#ĹŠ ".2ĹŠ31 ).2ĹŠ"(2Äą !.%1;$(!.2Ä–ĹŠ j_lWb[i_dj[hdWY_edWb[i$ ]]W[JecXWYaÉ"Ăˆ7oWoWoÉ" 1(.ÄŚĹŠ8ĹŠ 7bW[djhWZWZ[bWZ_i# ÄĽ04(+( [djh[ejheij[cWi"\k[hed ÄĽ(,#-2(¢-ÄŚÄ“ fWhj[Z[bh[f[hjeh_egk[ Yej[YW"kdWYWhj[b[hWYed fkieWXW_bWhWjeZei$ \ejei Z[ bW XWdZW Z[iZ[ :khWdj[[bi^em"beic‘i_Yei iki_d_Y_eiZWXWbWX_[dl[d_ZWW bei_dl_jWZei"gk_[d[il[‡WdYed jWcX_ƒd^_Y_[hed[bbWdpWc_[dje
(1 2
-3#1- !(.- +#2
Ĺ—ĹŠ#23(5 +ĹŠ"#ĹŠ#+$.13ĔŊ1 -!( ĔŊĉććĎ Ĺ—ĹŠ#23(5 +ĹŠ"#ĹŠ#+$.13ĔŊ1 -!( ĔŊĉććÄ? ĹŠ(#23 2ĹŠ"#ĹŠ+ ĹŠ #1!#"Ŋĸ 1!#+.- Äą2/ ĹŠ ŗŊŊŊŊŊ ĚŊ8ĹŠ#1( ĹŠ"#+ĹŠ+( 1.ĹŠ#-ĹŠ 1 ! 2Äą ĹŠĹŠĹŠĹŠĹŠ#-#94#+ ŊĸĉććđĚ
eÒY_WbZ[ikf|]_dWm[X mmm$ jecXWYaf[hYki_ed$Yec o cei# jhWhedbeidk[lei_dijhkc[djei cki_YWb[iejeh]WZeifehbWh[Ye# deY_ZWcWhYWWb[cWdWC[_db"gk[ bei^WZ[i_]dWZeYece[bfh_c[h ]hkfeZ[;YkWZeh[dikYWj|be]e$ Æ;ijeo cko Yedj[dje$$$ c[ i_[dje\[b_pZ[gk[^WoWcei_d_# Y_WZeYecekd]hkfeZ[Wc_]ei ogk[W^ehWi[WceikdWW]hkfW#
., !* -3#%1 -3#2
Ĺ—ĹŠ(#%.ĹŠ ( . Ĺ—ĹŠ423 5.ĹŠ 9,( . Ĺ—ĹŠ-"1_2ĹŠ1 -" Ĺ—ĹŠ ĂŒ+ĹŠ% 2 Ĺ—ĹŠ %- !(.ĹŠ 1!';Ĺ—ĹŠ1#""8ĹŠ.1) Ĺ—ĹŠ -(#+ ĹŠ -3(++ Ĺ—ĹŠ 5(#1ĹŠ -3.ă,(. Y_ÂŒdfhe\[i_edWbgk[deicel[# ceio^WY[ceidk[ijheiik[‹ei Yed bW f[hYki_ÂŒdÇ" i[‹WbÂŒ :_[# ]e C_‹e" c[djeh Z[ JecXWYa" gk_[d WZ[c|i YedjÂŒ gk[ fWhW (&'' [if[hWd bWdpWh ik j[hY[h Z_iYe$ Æ>Wo dk[lWi iehfh[iWi fWhW[bfhÂŒn_ceW‹eÇ"Wi[]khÂŒ$
ĹŠ
4#+5#ĹŠ +ĹŠÄĽ6(33#1ÄŚĹŠ
ĹŠ: š:[ifkƒiZ[ YWi_Zeic[i[ii_dkiWh bWh[ZieY_Wb"bWWYjh_p^W lk[bjeWWfWh[Y[hZ[iZ[ [bl_[hd[i$Be^Wd"gk_[d [ij|[dh[^WX_b_jWY_ÂŒdYed# jhWbWiZhe]Wi"c[dY_edÂŒ bW\hWi[Z[bWf[b‡YkbW ĂˆLWd_bbWIaoÉYedJec 9hk_i[$Æ9WZWc_dkjegk[ fWiW[iejhWefehjkd_ZWZ fWhWYWcX_WhjeZeWbh[Z[# Zeh$C[[dYWdjW[ijWY_jWÇ" [iYh_X_ÂŒ$ ĹŠĹŠ
Ä Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
ēŊ 4)#1#2Ŋ8Ŋ'., 1#2Ŋ#731 #-Ŋ"#+Ŋ!.1 9¢-Ŋ"#+Ŋ/#-!.Ŋ+ Ŋ # (" Ŋ,;2Ŋ1#/1#2#-3 3(5 Ŋ"#+Ŋ/4# +.Ŋ(-"~%#- ē
ŋ ąŋ u ŋŋ + 2 ! Ŋ#2Ŋ4-Ŋ/4# +.Ŋ"#Ŋ31 "(!(.-#2Ŋ8 !.234, 1#2Ŋ04#Ŋ1#Ą#) -Ŋ+ Ŋ'(23.1( Ŋ"#Ŋ+ 2 #3-( 2Ŋ"#Ŋ4- Ŋ- !(¢-Ŋ/+41(- !(.- +ēŊ
B
ÂĄÄ“ĹŠ 2ĹŠ#7/1#2(.-#2ĹŠ 13~23(! 2ĹŠ"#+ĹŠ9 64 1ĹŠ (2'*(ĹŠ,4#231 -ĹŠ ĹŠ+ 2ĹŠ #3-( 2ĹŠ$.13 +#!(" 2ĹŠ#-ĹŠ!4+341 Ä“
¥ēŊ+Ŋ/4# +.Ŋ2 + 2 ! Ŋ!.-)4% Ŋ+ Ŋ!4+341 Ŋ!.-Ŋ+ Ŋ'(23.1( ĔŊ31 -2Ĺ $.1,;-".2#Ŋ#-Ŋ4-Ŋ/1#!#"#-3#Ŋ"#Ŋ+ Ŋ2.!(#" "Ŋ/+41(_3-(! ē
ŊľŊ ŊŊ
W YkbjkhW" [b \eb# Ybeh o bei h_jkW# b[i ied fWhj[ Z[ - ĹŠ"#ĹŠ+ 2ĹŠ#7/1#2(.-#2ĹŠ!4+341 +#2ĹŠ04#ĹŠ("#-3(ă! ĹŠ ĹŠ+.2ĹŠ2 + 2 ! 2ĹŠ#2ĹŠ+ ĹŠ 13#2 -~ ĔŊ bW \ehcWY_ÂŒd Z[b 1#Ä„#) " ĹŠ#-ĹŠ+.2ĹŠ3 /(!#2ĹŠ"#ĹŠ"($#1#-3#2ĹŠ,.3(5.2ĹŠ8ĹŠ"(2# .2ĹŠ#+ .1 ".2ĹŠ#-ĹŠ3#+ 1#2ĹŠ fk[Xbe iWbWiWYW" , -4 +#2ĔŊ,4!'.2ĹŠ"#ĹŠ#23.2ĹŠ3 /(!#2ĹŠ1#+ 3 -ĹŠ+ ĹŠ5(5#-!( ĹŠ"#+ĹŠ/4# +.Ä“ oh[dZ_hb[kdjh_#
2ĹŠ 13#2 -~ 2ĹŠ04#ĹŠ2#ĹŠ#7/.-#-ĹŠ#-ĹŠ+ ĹŠ+ 9 ĹŠ"#+ĹŠ13#ĹŠ"#ĹŠ + 2 ! ĹŠ2.-ĹŠ3 /(!#2ĔŊ XkjeWikh_gk[pW /.-!'.2ĔŊ2 !.2ĔŊ2'(%1 2ĔŊ$ ) 2ĔŊ%.11.2ĹŠ8ĹŠ .+2.2Ä“ĹŠ ƒjd_YWbei^WY[fhejW]ed_ijWiZ[
.2ĹŠ3 /(!#2ĹŠ2#ĹŠ#+ .1 -ĹŠ!.-ĹŠ+ - ĹŠ"#ĹŠ .11#%.ĹŠ04#ĹŠ/ 2 ĹŠ/.1ĹŠ4-ĹŠ/1.!#2.ĹŠ+ 1%.ĹŠ8ĹŠ beiWYjeic|ih[b[lWdj[i"Yece[b !.,/+(! ".ĔŊ8ĹŠ/ 1 ĹŠ" 1ĹŠ!.+.1ĹŠ ĹŠ+ ĹŠ+ - ĹŠ2#ĹŠ43(+(9 ĹŠ#+ĹŠ%42 -.ĹŠ"#ĹŠ+ ĹŠ!.!'(-(++ ĹŠ8ĹŠ,ĂŒ+3(Äą jpWmWhc_i^a_$ /+#2ĹŠ'(#1 2ĹŠ- 341 +#2ĹŠ!.,.Ä–ĹŠ#+ĹŠ/4, ĹŠ, *(ĔŊ!4+*(2ĔŊ !'(*ĹŠ2(2 ĔŊ#3!Ä“ Bei `ÂŒl[d[i Z[b bk]Wh ied 23 ĹŠÄƒ#23 ĹŠ(-"~%#- ĹŠ#2ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ,;2ĹŠ1#/1#2#-3 3(5 2ĹŠ8ĹŠ2#ĹŠ/.2(!(.- ĹŠ!.,.ĹŠ4-ĹŠ gk_[d[icWdj_[d[d[ij[^ec[# 1#2! 3#ĹŠ"#ĹŠ+ ĹŠ!4+341 ĹŠ"#ĹŠ+.2ĹŠ/4# +.2ĹŠ#!4 3.1( -.2Ä“ dW`[YkbjkhWbcki_YWboWhj[iWdWb" h[Ă“[`WdZeik_Z[dj_ZWZo\ehjWb[# Y_[dZeWi‡bWWYj_l_ZWZYkbjkhWbZ[ ZWZ[i[dbWFbWpWZ[bWi7hj[i" ikfk[Xbe"\ki_ed|dZei[Yedkd gk[jeYWdiki_dijhkc[djeiZ[bW + 2 ! c_icWcWd[hWgk[be^WY[dYed ckdZeceZ[hdeo]beXWb_pWZe$ (34 !(¢bWFWY^WCWcW"Wbcec[djeZ[ f[Z_hb[kdWXk[dWYei[Y^W$ (%-(ă! ". Bei [b[c[djei Z[ [ij[ [d# ;bjpWmWhc_i^a_[ikdWX[X_ZW Ĺ—' ĹŠ ĹŠ/ 11.04( ĹŠ + 2 ! ĹŠ3(#-#ĹŠÄˆÄ‰ĹŠ,(+ĹŠ (3 -3#2Ä“ĹŠ Yk[djhe ied bWi Z_\[# gk[ i[ [njhW[ Z[b f[dYe o ĹŠ23;ĹŠ4 (! " ĹŠ#-ĹŠ#+ĹŠ! -3¢-ĹŠ#+(+#.ĹŠ ĹŠÄˆÄŒĹŠ*,ĹŠ h[dj[icWd_\[ijWY_ed[i ^W[djhWZe[dik‘bj_ceY_# Ĺ—"#ĹŠ+ ĹŠ!(4" "ĹŠ"#ĹŠ, ĹŠ 3.Ä“ĹŠ Whj‡ij_YWi gk[ de iebe YbeZ[l_ZW$I[kj_b_pWYece ck[ijhWd e [nfh[iWd ZkbY["f[hejWcX_ƒd[ic[# ĹŠ+ĹŠ3#11(3.1(.ĹŠ2 + 2 ! ĹŠ#2ĹŠ4- ĹŠ++ -41 ĹŠ Ĺ— 1#-.2 ĹŠ!.-ĹŠ4- ĹŠ24/#1ă!(#ĹŠ3.3 +ĹŠ"#ŊĉćŊ kdWXk[dWeXhWZ[Whj[" Z_Y_dWb"i_d[cXWh]eYkWd# 9 6 1ĹŠ,(2'*(ĹŠ 2(%-($(! ĹŠ! 48 ĹŠ *,ĉē i_de gk[ Yk[djWd kdW Zei[\[hc[djWi[Yedl_[hj[ "4+!#Ä“ ^_ijeh_WWdY[ijhWb$ [db_Yeh$ i[Yk[djWd^_ijeh_WifhWYj_YWZWi Ik [njhWYY_ÂŒd [d cW# feh[bfk[Xbe$ oeh[iYWdj_ZWZ[ii[fheZkY[[d ĂŒ2(! ĹŠ.ĹŠ *( ;b b[d]kW`[ Z[ bW ZWdpW Wb# [bc[iZ[del_[cXh["YkWdZei[ Bei ak_Y^mWi iWbWiWYWi jhW# fheZkY[[ij[[dYk[djhecki_YWb Z_Y_edWbc[dj[ _dj[hfh[jWXWd j[hdWj_lW o Yedj[cfeh|d[W i[ c[beZ‡Wi[djedWZWiYedbWYW`W" YWhWYj[h_pWfehbWicWd_\[ijWY_e# oYkbjkhWb$ [bjWcXeho[bf_d]kbbe _dijhk# d[iZ[bW_Z[dj_ZWZXWiWZWi[dbW c[djeZ_c_dkjeZ[^k[ie "Yei# c‘i_YWobWZWdpW 42ĹŠ(-(!(.2Ä“Ä“Ä“ 9WZWkdeZ[beih[fh[i[djWdj[i ;d'//+"[bfk[XbeiWbWiWYWYed jkcXh[cki_YWbcWdj[d_ZWfeh ikiWhj[iWdei"_d_Y_Whedbei^e# ][d[hWY_ed[i"ZedZ[bei`ÂŒl[d[i Z[[ijeifk[Xbei[diki[nfh[i_e# c[dW`[iYedeY_ZeiYecejpWmWh ^Wd Yedi[hlWZe [ijW jhWZ_Y_ÂŒd d[iZWdY‡ij_YWi[nj[h_eh_pWdbWl_# \ki_edWdZe _dijhkc[djei Yed# l[dY_Wh[WbZ[ik\ehcWYkbjkhWb$ c_i^a_$ 9WZW W‹e bei fh_c[hei Z‡Wi j[cfeh|d[eigk[^WY[dgk[bWi Z[bc[iZ[del_[cXh[i[h[‘d[d c[beZ‡WijhWZ_Y_edWb[iZ[d_d_Y_e (-341 ĹŠ.ĹŠ'484 fk[XbeiodWY_edWb_ZWZ[i_dZ‡][# WejhW\ehcWZ[i[dj_hoYedjWhbW BWf_djkhW[iejhWcWd_\[ijWY_ÂŒd dWi"W\he[YkWjeh_WdWiode_dZ‡# ceZ[hd_ZWZZ[bc|]_YeckdZe gk[[deYWi_ed[iZ[dkdY_W"^WY[ h[Ă“[n_edWhock[ijhWkdckdZe ][dWiZ[b;YkWZeh"fWhW\ec[d# Z[beiiWbWiWYWi$ Z[ik[‹ei$ jWhoZ[iWhhebbWh[dbWieY_[ZWZ[b ;ij[ [l[dje ^W Yh[WZe kd YedY[fjeZ[bW_dj[hYkbjkhWb_ZWZ -9 ĹŠ.ĹŠ42'48 BWZWdpWiWbWiWYWj_[d[kd[ij_be [ifWY_e fWhW `ÂŒl[d[i f_djeh[i ofbkh_dWY_edWb_ZWZ$ 7b _]kWb gk[ ejhei h_jei" [b fhef_e"‘d_YeZ[beiZ[c|ifk[# _dZ‡][dWi jWb[djeiei" gk_[d[i jpWmkWhc_i^a_"[cf_[pWYedbW Xbei ak_Y^mWi" bW Z_\[h[dY_W i[ [nfed[dikijhWXW`ei"Z|dZei[W YedY[djhWY_ÂŒdZ[bei]hkfeiZ[ h[Ă“[`Wfeh[bXW_b[YedbWfkdjW YedeY[hYedkdWfhefk[ijWdk[# `ÂŒl[d[i Z[ Z_\[h[dj[i Yeckd_# Z[beif_[i$7jhWlƒiZ[[ij[Whj[ lWoZ_\[h[dj[$
13#2 -~ ĹŠ04#ĹŠ%423 ĹŠ +ĹŠ341(23 ĹŠ Ĺ—ĹŠĹŠ
Ĺ? Ĺ?
Ĺ?
Ĺ? Ĺ? Ĺ? Ĺ? Ĺ?
Ä Ä‚
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
+ĹŠ%#-ĹŠ"#ĹŠ+ ĹŠ,(%1 Â
Ĺ—ĹŠ ĹŠĹŠ Ä“ĹŠ ŊĚŊKd [ijkZ_eh[Wb_pWZefehcƒZ_# Yei_d]b[i[ii[‹WbWgk[j[d[h kdWlWh_WY_ÂŒdfWhj_YkbWhZ[ kd][dZ[bYheceiecWeY^e feZh‡W_dYh[c[djWh[bh_[i]e Z[fWZ[Y[h[ijWYedZ_Y_ÂŒd$ 7kdgk[fehckY^ej_[cfei[ ^WYh[‡Zegk[bWi`Wgk[YWij_[# d[dkdYecfed[dj[][dƒj_Ye dei[^WX‡WfeZ_ZeZ[j[YjWh [nWYjWc[dj[ZedZ[j[d‡Wik eh_][d$Bei_dl[ij_]WZeh[i Yh[[dgk[bWckjWY_ÂŒdfeZh‡W ^WY[hgk[kdWikijWdY_Wgk‡# c_YWgk[[c_j[i[‹Wb[i[djh[ bWid[khedWii[WYkckb[[djh[ bWikd_ed[iZ[bWic_icWio fhelegk[[bZebeh$
Ä 4#5.ĹŠ#23#3.2!./(.Ä&#x;
Ĺ—ĹŠ ĹŠĹŠ beicƒZ_YeifeZh‡W[cf[pWhW ŊŊš;bWfWhWjej‡f_YeZ[
Z[iWfWh[Y[hZ[bei^eif_jWb[i [djeZe[bckdZe]hWY_WiW kdWdk[lWWfb_YWY_ŒdfWhW[b ?f^ed[gk[f[hc_j[YebeYWh kdc_YhŒ\edeieXh[[bYehW# pŒdo"Z[[ijW\ehcW"ced_je# h[WhbeibWj_ZeiobW\h[Yk[dY_W YWhZ_WYW$7Z[c|i]hWXW bWiedZWiZ[beiied_Zei" f[hc_j[[iYkY^WhYkWbgk_[h hk_Ze[njhW‹e[d[bYk[hfe oWokZWh‡WWiWblWhl_ZWi[d bk]Wh[ih[cejei"Z[X_ZeWgk[ f[hc_j[cWdZWhl‡W[#cW_bbW ]hWXWY_ŒdeXj[d_ZWoYedi[# ]k_hbWWi[ieh‡WZ[kd[nf[hje [dYkWbgk_[hfWhj[Z[bckdZe$ ;bie\jmWh[gk[i[d[Y[i_jWi[ bbWcW_Ij[j^eiYef[oYeijWh‡W c[deiZ[kdZŒbWh$
1# -ĹŠ/(#+ĹŠ 13(ă!( +
Ĺ—ĹŠ ĹŠĹŠÄ›Kd[gk_feZ[bW <WYkbjWZZ[Gk‡c_YWZ[bW Kd_l[hi_ZWZZ[bWH[f‘Xb_YW Khk]kWo Yedi_]k_ÂŒZ[iWhhe# bbWhkdWc[cXhWdWi_djƒj_YW" [bWXehWZWWfWhj_hZ[Yeb|][de [njhW‡ZeZ[j[dZed[iXel_dei gk[i[feZh‡Wkj_b_pWhfWhW [bjhWjWc_[djeZ[fWY_[dj[i gk[cWZeioejhWib[i_ed[i fhef_WiZ[bW[f_Z[hc_i$I_ X_[d[ij[_dl[djeoW[n_ij[ [d[bc[hYWZe"bei[nf[hjei be]hWhedZ[iWhhebbWhbeWfh[# Y_eic|i[YedÂŒc_Yei"begk[ f[hc_j_h‡WcWi_Ă’YWhikkie$ ;ij[_dl[djeWfehjWWgk[bW f_[bZ[bWf[hiedWW\[YjWZWi[ [cf_[Y[Wh[][d[hWhWc[Z_ZW gk[[bfheZkYje[ih[WXiehX_# Zefeh[beh]Wd_ice$
Ŋ 8Ŋ/#12.- 2Ŋ 04#Ŋ31 ) -Ŋ#-Ŋ + Ŋ! /(++ ĔŊ/1#/ Ĺ 1 -Ŋ Ŋ+.2Ŋ-( .2Ŋ / 1 Ŋ+ Ŋ/1(,#1 Ŋ !.,4-(¢-Ŋ8Ŋ 2(2Ĺ 3#-Ŋ +Ŋ "1#Ŋ#-Ŋ+ Ŋ /1#/ 1 !(¢-Ŋ"#Ŋ + Ŋ,(2 ēŊ
ÂĄÄ“ĹŠ7(23#ĹŠ4-ĹŠ/1.%1 , ĹŠ"#ĹŠ, #231 2ĹŠ'.2/(3 + 1( 2ĹŠ04#ĹŠ#5(3 -ĹŠ4-ĹŠ 31 2.ĹŠ#-ĹŠ#+ĹŠ /1#-"(9 )#ĹŠ"#ĹŠ+.2ĹŠ-(Â .2ĹŠ04#ĹŠ#23;-ĹŠ(-3#1- ".2Ä“
-Ŋ31 ).Ŋ"(%-.Ŋ "#Ŋ ",(1 !(¢ 2Ŋ5.+4-3 1( 2Ŋ"#Ŋ.+! Ŋ31 ) -Ŋ(-Ĺ ! -2 +#,#-3#Ŋ/ 1 Ŋ2 ! 1Ŋ4- Ŋ2.-1(2 Ŋ 8Ŋ 84" 1Ŋ Ŋ+.2Ŋ/ !(#-3#2ē
bWifh[]kdjWi[_dgk_[jkZ[i$
#3 ++#2
.ĹŠ04#ĹŠ"# #ĹŠ2 #1
ŗŊ#1(¢"(! ,#-3#Ŋ2#Ŋ1# +(9 -Ŋ !#1! ,(#-Ĺ 3.2Ŋ#-31#Ŋ5.+4-3 1(.2Ŋ/ 1 Ŋ04#Ŋ2#Ŋ!.-.9! -Ŋ ,#).1ē Ŋ " Ŋ!(#13.Ŋ3(#,/.Ŋ2#Ŋ1# +(9 -Ŋ#5#-3.2Ŋ ŗ/ 1 Ŋ % 2 ) 1Ŋ Ŋ+.2Ŋ/ !(#-3#2ēŊ+Ŋ/1¢7(,.Ŋ 2#1;Ŋ+ Ŋ-.5#- Ŋ- 5("# ē
ĹŠ " ĹŠ31#2ĹŠ,#2#2ĹŠ2#ĹŠ1# +(9 ĹŠ4- ĹŠ 2 ,Äą Ĺ—+# ĹŠ/ 1 ĹŠ5#1(ă! 1ĹŠ#+ĹŠ!4,/+(,(#-3.ĹŠ"#ĹŠ+ 2ĹŠ + .1#2ĹŠ"#ĹŠ5.+4-3 1( ".Ä“
!(#-3#ĹŠ "4+3.ĹŠ 8ĹŠ 3#1 /( ĹŠ .!4/ Äą !(.- +
#ĹŠ!.-2#%4(".ĹŠ2#1ĹŠ4-ĹŠ ,#).1ĹŠ2#1ĹŠ'4, -.ĔŊ ;n_ij[ejhWYec_i_ÂŒdgk[i[[d# /.104#ĹŠ3.".2ĹŠ+.%1 Äą YWh]WZ[YecfWhj_hoZWhWcehW ,.2ĹŠ#2.ĹŠ2(15(#-".ĹŠ ĹŠ2#1#2ĹŠ 7b_d]h[iWhWbWi_dijWbWY_ed[iZ[ b_Wh[_dYbkieWbWiWc_ijWZ[iÇ$9ed beiWZkbjeigk[f[hcWd[Y[dfeh 04#ĹŠ24$1#-ĔŊ04#ĹŠ3(#-#-ĹŠ,4Äą bWIeY_[ZWZZ[BkY^W9edjhW[b jh_ij[pWi[‹WbWgk[i[W]hWlWfeh# f[h‡eZei bWh]eieYehjei [dbW !'.2ĹŠ/1. +#, 2ĹŠ8ĹŠ04#ĔŊ#-ĹŠ 9|dY[h IebYW "[dGk_je"bWi[# gk[ckY^eiZ[bei[d\[hceij_[# YWiWcƒZ_YW$ "#ă-(3(5 ĔŊ+.ĹŠ04#ĹŠ-#!#2(3 -ĹŠ 7Zh_bWZ[BÂŒf[p"F_bWhF[‹W# #2ĹŠ!.,/1#-2(¢-ĹŠ8ĹŠ 84" Ģē h_[ZWZYWhWYj[h‡ij_YWZ[kdeZ[ d[dfheXb[cWiieY_e[YedÂŒc_Yei$
[ijeibk]Wh[idei[fk[Z[_]de# ÆFeh[`[cfbe"kdWck`[hgk[^W hWh$I_d[cXWh]e"bWWcWX_b_ZWZ f[hZ_ZekdeZ[ikii[deickY^Wi obWfkbYh_jkZWiecXhWd$ l[Y[i[ih[Y^WpWZWfeh[bc_ice FWhWCWh‡WZ[;if_depW"Z_h[Y# cWh_Ze o WZ[c|i j_[d[ gk[ i[# jehWZ[blebkdjWh_WZe"bWhWpÂŒd[i ]k_hYkcfb_[dZeYedbWijWh[WiZ[ ckoi_cfb[$Æ7gk‡^Wokdh[if[je WcWZ[YWiW[dYedZ_Y_ed[ifh[# fhe\kdZefeh[bi[h^kcWde$Oe YWh_Wi$7Z[c|i"l_l[b[`eioj_[d[ f_[diegk[[i[[ikdZ[h[Y^egk[ gk[l[d_hWh[Y_X_hYkWbgk_[hWZ[ dei[j_[d[gk[f[Z_hi_de bWij[hWf_Wigk[iedcko gk[ ^Wo gk[ WhhWdY^Wh$ W]h[i_lWioZ[j[h_ehWdWb Feh[iejhWjWceiZ[gk[bW ĹŠ eh]Wd_ice"obk[]ej_[d[ gk[ i[]k_h fbWdY^WdZe" ][dj[i[i_[djWX_[dZ[iZ[ bWlWdZe o YeY_dWdZeÇ$ gk[YhkpW[bkcXhWbÇ"Ye# .-3 !3.2 1~ ĹŠ"#ĹŠ I_d[cXWh]e"[i[dƒh]_YW c[djWYedZkbpkhW$ 2/(-.2 Ä“ĹŠ Wb[d\Wj_pWhgk[dei[[d# ;ijW_dYWdiWXb[ZWcW ĉČĈĒÄ?Ä?ĉŊľŊ ĉČĈĒÄ?Ä?ĊľŊ#73Ä–ĹŠ Yk[djWgk[bWbWXehZ[bWi ĊćĈĎ YWh]WZ[ZWhYWh_ZWZ"i_de gk[^WokdWYbWhWl_i_ÂŒd Ăˆck`[h[iZ[Y^Wb[YeWpkbÉ" Yecei[bWiYedeY[Z[X_Ze Z[ieb_ZWh_ZWZ"[djh[]Wo WbZ_ij_dj_legk[kiWd"_d_Y_ÂŒ^WY[ Yecfh[di_ÂŒd$ '&W‹ei [d(&&& "[bc_icegk[ dWY_ÂŒbWYb‡d_YW"YedWf[dWi(+Wi# #!#/!(¢-ĹŠ"#ĹŠ/ !(#-3#2 f_hWdj[i$>eoied.,\ƒc_dWibWi ;n_ij[kd]hkfeZ[lebkdjWh_Wi gk[ Yed\ehcWd [ij[ ]hkfe o i[ gk[i[[dYWh]WZ[iWbkZWhoWYe# Z_l_Z[d[bjhWXW`e[d|h[Wi[if[# ][hWbWf[hiedWWf[dWibb[]WWb ^eif_jWb$IedbWigk[ZWdbWfh_# Y‡ÒYWi$ c[hW_cW][dWbei_dj[hdeiZ[ begk[i[h|ik[ijWdY_W[dIebYW$ 41 ĹŠ1# +(" " CWh‡WZ[;if_depWWi[]khWgk[ Feh[ie"beiWYecfW‹Wdo]k‡Wd IebYW[ikdbk]WhckofWhj_YkbWh WjhWlƒiZ[bWi_dijWbWY_ed[i"b[i fehgk[ÆWgk‡Wd_ZWbWf[eh[d\[h# [nfb_YWd ZÂŒdZ[ gk[ZWd bWi Z_# c[ZWZ"gk[deiebeWjWYWWbfW# \[h[dj[i|h[WiZ[i[hl_Y_eiobei Y_[dj[i_deWjeZe[b[djehde\Wc_# Yedikbjeh_ei$JWcX_ƒdYedj[ijWd
^[hh[hWo9[Y_b_WZ[9WX[pWi\eh# cWdfWhj[Z[[ij[]hkfeZ[iZ[ ^WY['&W‹ei$9WZWZ‡Wi[h[fWh# j[kdlWieZ[Wl[dWeW]kWWhe# c|j_YWokdfWdfWhWgk_[d[iWb# YWdY["oWgk[ckY^Wil[Y[ibWi '$.&&fehY_ed[igk[ZWdYehjWi$ BÂŒf[pYedj_[d[bWib|]h_cWi YkWdZe Yk[djW gk[ [bbW bb[]ÂŒ ^WijW[bi_j_efehgk[ik[ifeie jklekdY|dY[hZ[fhÂŒijWjWogk[ Wbb‡b[fh[ijWhedkdWXk[dWWj[d# Y_ÂŒd" oWdj[i Z[ceh_h b[ f_Z_ÂŒ gk[i_]k_[hWi_hl_[dZe[d[bbk# ]Whgk[\k[jWd[if[Y_WbfWhWƒb$ F[heWfWhj[Z[[ijWbWXeh"^Wo lebkdjWh_Wigk[i[[dYWh]WdZ[ [di[‹WhjhWXW`eicWdkWb[io[d# i[‹WdWj[`[h"XehZWhoW[bWXehWh YebbWh[iofkbi[hWiWbWif[hiedWi gk[[ij|d[if[hWdZefWhW[djhWh WhWZ_ej[hWf_W$I[b[iXh_dZWjeZe [bcWj[h_Wbof[h_ÂŒZ_YWc[dj[i[ bb[lWdWYWXef[gk[‹eiXWpWh[i ZedZ[i[l[dZ[djeZWibWif_[# pWi[bWXehWZWi$ CWh]Wh_jW CWh‡W" fWY_[dj[" Wi[]khW gk[ [ijW WYj_l_ZWZ b[ ]kijWfehgk[i[[djh[j_[d[$7Z[# c|i"Z_Y[gk[Æ[ifh[Y_eie[ijWh ^WY_[dZe Wb]e o de f[diWh [d Yk|dZei[h|gk[c[bbWcWdÇ$
}ĹŠĹŠ Ä“ĹŠ
ĹŠ ĹŠ ĹŠĹŠ Ä“ĹŠ
:1# ĹŠ(-$ -3(+
;if_depWWi[]khWgk[f[Z_Wjh‡W [i[b|h[WZ[cWoehj[hdkhW"f[he gk[ Wb c_ice j_[cfe [i ZkhW fehgk[Ækdede[dj_[dZ[YÂŒce kdd_‹eZ[kdc[ij_[d[kdY|d# Y[hZ[^‡]WZee^Wogk[Wcfk# jWhb[kdWf_[hdWÇ$ F[hefWhWgk[bei_d\Wdj[ii[ i_[djWdc[`eh"bWYb‡d_YWYk[djW YedkdfWhgk[_d\Wdj_b"ZedZ[" YkWdZe[bYb_cWbef[hc_j["bei ĂˆWd][b_jeiÉfk[Z[diWb_hW`k]Wh$ JWcX_ƒdYk[djWdYedYWdj[# hWf_W$9edWb[]h‡W"bW:_h[YjehW WĂ’hcW gk[ ^Wo kdW f[hhW bbW# cWZW Ăˆ9WhbejWÉ gk[ ^W be]hWZe YeiWi _dYh[‡Xb[i$ ÆFeh [`[cfbe" ^WX‡W [b YWie Z[ kd d_‹e Z[ '' W‹eigk[jklegk[fWiWhfehkdW [nf[h_[dY_W Z_\‡Y_b o de gk[h‡W iWX[hdWZW"delebl_ÂŒW^WXbWho jWcfeYeWiedh[‡h$F[heĂˆ9WhbejWÉ be]hegk[[bd_‹ei[h[_dj[]h[Ç$ JWcX_ƒd^WokdW]kWhZ[h‡W Yedj[b[l_i_ÂŒdoYecfkjWZeh[io bei_d\Wdj[ih[Wb_pWdcWdkWb_ZW# Z[ioWYj_l_ZWZ[ib‘Z_YWi$
)#1!(!(.Ŋ2~ĔŊ/#1.Ŋ-.Ŋ$.19 ".
ĹŠ !3(5(" "ĹŠ$~2(! ĹŠ"#) ĹŠ"#ĹŠ2#1ĹŠ2 +4" Äą +#ĹŠ!4 -".ĹŠ2#ĹŠ/1 !3(! ĹŠ#-ĹŠ#7!#2.ĹŠ8ĹŠ2(-ĹŠ + 2ĹŠ"# (" 2ĹŠ/1#! 4!(.-#2Ä“ I_Yh[[gk[de[ijWd_dZ_if[diW# Xb[YWb[djWhWdj[ioZ[ifkƒiZ[ ik hkj_dW" e gk[ c_[djhWi c|i i[[`[hY_j[[ic[`eh"f_ƒdi[beZ[ dk[le$@eiƒH[_d^Whj"Z[fehjÂŒ# be]e"[nfb_YWgk[[n_ij[dZeij_# feiZ[b[i_ed[i0bWigk[i[][d[# hWdfeh]ebf[iojhWkcWi"obWi gk[eYkhh[dfeh[bWXkieZ[kdW WYj_l_ZWZZ[j[hc_dWZW$ ;b [if[Y_Wb_ijW i[‹WbW gk[ [ije i[ fk[Z[ fh[l[d_h Z[ \eh# cW fWi_lW" [i Z[Y_h c[Z_Wdj[ fh[l[dY_ÂŒd"[dbWgk[i[kj_b_pWd [gk_feiZ[fhej[YY_ÂŒd[dbeiZ_i# j_djeiZ[fehj[i$ÆFeh[`[cfbe"bWi heZ_bb[hWi[d[b\‘jXeb"beiYWiYei [dcejeYheiiebWi^k[l[hWi[d ^eYa[oÇ$ JWcX_ƒd[ifei_Xb[ZWhkdW fhej[YY_ÂŒdWYj_lW$;ijei_]d_Ă’YW fh[fWhWhi[WZ[YkWZWc[dj[Wd# j[iZ[h[Wb_pWh[`[hY_Y_e$ .-24+3#ĹŠ ĹŠ24ĹŠ,_"(!.ĹŠ
F[he kd Xk[d fh[|cXkbe de Yedi_ij[‘d_YWc[dj[[dYWb[djWh o[ij_hWhi[$I[]‘dH[_d^Whj"i[ Z[X[^WY[hkdW[lWbkWY_ÂŒdfh[# l_WfWhWZ[j[hc_dWhi_bWiYedZ_# Y_ed[iZ[YWZWf[hiedW\Wleh[# Y[dWkdh[dZ_c_[djeiWbkZWXb[$ Æ;b[nWc[dZ[X[YedijWhZ[kd Wd|b_i_iYb‡d_YeYecfb[je"ÇZ_Y[ [b[nf[hje"gk_[dW‹WZ[gk[Æ[i fh[\[h_Xb[Z_W]deij_YWhfei_Xb[i
.Ŋ"#)#Ŋ'#1(" 2Ŋ2(-Ŋ2 - 1 Ŋ 8Ŋ+#2(.-#2Ŋ %4" 2Ŋ04#Ŋ/ 2 -Ŋ Ŋ2#1Ŋ ŗ!1¢-(! 2Ŋ!4 -".Ŋ-.Ŋ2.-Ŋ31 3 " 2Ŋ Ŋ3(#,/.ēŊ
-Ŋ! 2.Ŋ"#Ŋ4- Ŋ+#2(¢-
Ŋ(Ŋ3(#-#Ŋ".+.1Ŋ2#5#1.ĔŊ'(-!' 9¢-ĔŊ ŗ ".1,#!(,(#-3.ĔŊ2(Ŋ-.Ŋ/4#"#Ŋ2.23#-#1Ŋ
#+ĹŠ/#2.ĹŠ#-ĹŠ#+ĹŠ;1# ĹŠ+#2(.- " ĔŊ2#ĹŠ54#+5#ĹŠ ĹŠ (-Ä„ , 1ĹŠ4- ĹŠ+#2(¢-ĹŠ/1#5( ĹŠ.ĹŠ3(#-#ĹŠ4-ĹŠ".+.1ĹŠ "41 -3#ĹŠ"~ 2ĹŠ04#ĹŠ-.ĹŠ,#).1 ĹŠ!.-ĹŠ1#/.2.ĹŠ -(ĹŠ'(#+.ĹŠ2#ĹŠ"# #ĹŠ!.-24+3 1ĹŠ +ĹŠ,_"(!.ĹŠ8ĹŠ +ĹŠ ă2(.3#1 /(23 Ä“ĹŠĹŠ
-,.5(+(!#Ŋ#+Ŋ;1# Ŋ $#!3 " Ŋ -3#2Ŋ"#Ŋ ŗŊ #5 +4 1Ŋ#+Ŋ"  .ē /+(04#Ŋ'(#+.Ŋ/ 1 Ŋ#5(3 1Ŋ2 -%1 ".Ŋ8Ŋ ŗŊ "(2,(-4(1Ŋ'(-!' 9¢-ē
ĹŠ.ĹŠ !4"(1ĹŠ +ĹŠ#2/#!( +(23 ĹŠ/."1~ ĹŠ.! Äą Ĺ—2(.- 1ĹŠ%1 5#2ĹŠ!.-2#!4#-!( 2ĹŠ/ 1 ĹŠ24ĹŠ2 +4"ĹŠ
+(5(#ĹŠ#+ĹŠ".+.1ĹŠ/ 1 ĹŠ04#ĹŠ+ ĹŠ/#12.- ĹŠ-.ĹŠ2#ĹŠ Ĺ—ĹŠ "#2, 8#Ä“ĹŠ
8ĹŠ24ĹŠ (#-#23 1Ä“ĹŠ#!4#1"#ĹŠ04#ĹŠ#2ĹŠ,#).1ĹŠ /1#5#-(1ĹŠ04#ĹŠ+ ,#-3 1Ä“
Ŋ1#' (+(3 !(¢-Ŋ#2Ŋ$4-" ,#-3 +Ŋ/ 1 Ŋ ŗŊ +.%1 1Ŋ4- Ŋ1#(-3#%1 !(¢-Ŋ#5#-34 +Ŋ +Ŋ "#/.13#ē
"4! !(¢-Ŋ"#/.13(5
;iYec‘dgk[bWif[hiedWii[ ebl_Z[d Z[ h[Wb_pWh [`[hY_Y_ei Z[WYedZ_Y_edWc_[djeWdj[iZ[ ^WY[h Z[fehj[$ F[he H[_d^Whj [d\Wj_pW gk[ [b YWb[djWc_[dje Æfh[fWhW Wb i_ij[cW YWhZ_e#
Ä Äƒ
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. ÄŒĹ?
.-2#).2
4_ĹŠ' !#1
Yecfb_YWY_ed[ij[cfhWdWc[dj[" oWgk[[beh]Wd_icede[i'&& YedĂ’WXb[Ç$ BkY‡W FWlÂŒd" Ă’i_ej[hWf_ijW" W]h[]W gk[" WZ[c|i Z[ bW [lW# bkWY_ÂŒd _dj[hZ_iY_fb_dWh_W Z[b fWY_[dj[" Æbei [`[hY_Y_ei Z[ fe# j[dY_Woh[i_ij[dY_W"bWijƒYd_YWi [if[Y‡ÒYWiZ[YWZWZ[fehj[o[b [d\h_Wc_[djeoh[bW`WY_ÂŒdfeij[# h_eh[ifh[l_[d[dbWib[i_ed[iÇ$
ēŊ .2Ŋ31 4, 3(2,.2Ŋ"#/.13(5.2Ŋ.!411#-Ŋ"# (".Ŋ Ŋ+ Ŋ !3(5(" "Ŋ$~2(! Ŋ 3 -3.Ŋ1#!1# 3(5 Ŋ!.,.Ŋ"#Ŋ!.,/#3(!(¢-ē
lWiYkbWh fWhW [b [i\k[hpe"Ç c_[djhWigk[[b[ij_hWc_[d# jeÆf[hc_j[kdWcWoeh[bWi# j_Y_ZWZZ[beic‘iYkbeioj[# `_Zei"bb[lWdZeWkdc[deh h_[i]eZ[b[i_ed[iÇ$ =WXh_[bWIebW^"cWhWjed_i# jWfhe\[i_edWb"YedeY[feh[n# f[h_[dY_Wfhef_WbWl[hZWZZ[ bWifWbWXhWiZ[bW[if[Y_Wb_ijW" oWgk[^Wik\h_Zeb[i_ed[ifeh deYWb[djWhede[ij_hWhWZ[# YkWZWc[dj[Wdj[iZ[jhejWho fehieXh[[djh[dWc_[dje$
ĹŠ~ĹŠ' 8ĹŠ"#, 2(".ĹŠ#)#1!(!(.ĹŠ
FWlÂŒdWZl_[hj[gk[[b[nY[ieZ[ WYj_l_ZWZ\‡i_YWfk[Z[YWkiWhÆ\W# j_]WYhÂŒd_YWfehbW\WbjWZ[h[fe# ie"gk[ZWeh_][dWb[i_ed[iÇ$ ?l|d 9WbZ[hÂŒd [i kde Z[ bei fWY_[dj[i W\[YjWZei$ ÆJkl[ kdW Z_ij[dY_ÂŒdckiYkbWhfehieXh[[i# \k[hpe"fehgk[Wfb_gkƒZ[cWi_WZe f[ie[dc_if_[hdWiÇ"j[ij_Ă’YW$ FWhW H[_d^Whj" [b Zebeh fhe# leYWZefeh[b[nY[ieZ[kdWWY# j_l_ZWZ Z[j[hc_dWZW [i ]hWl[" fehgk[fk[Z[fh[iW]_WhkdWb[#
i_ÂŒdf[hcWd[dj[oZ_ic_dk_h[b Z[i[cf[‹e\‡i_Ye$ JWcX_ƒd [i Z[cWi_WZe [b gk[h[hh[Wb_pWh[bZ[fehj[Z[jh[i Z‡Wi[dkdeiebe$Oi_lWWfhWYj_# YWhWb]edk[le"Wi[]‘h[i[Z[Ye# deY[hW\edZeofh[fWhWhi[$ÆI_ deYedeY[ikdZ[fehj["[ifhe# XWXb[gk[j[b[i_ed[i"ÇWZl_[hj[ [bZ[fehjÂŒbe]e$
ŏ ŏ
ŏ
āą
¡
Ċŋ
?%D8I:<CFD<A@8I%_d\a`X7cX_fiX%Zfd%\Z
ŏ Ăĉŏŏ ŏŏĂĀāĀ
ŏ+. Čŏ
#3#1,(- ".Ĕũ!.-23 -3#ũ8ũ!.-ũă1,#2ũ !1##-!( 2ēũ(#-#ũ,48ũ!+ 1.2ũ242ũ/4-3.2ũ"#ũ 5(23 ũ#-ũ3.".2ũ+.2ũ 2/#!3.2ũ"#ũ+ ũ5(" ũ8ũ#2ũ ,48ũ"($~!(+ũ04#ũ+#ũ/#124 " -ũ ũ! , ( 1ũ+.ũ 04#ũ"ēũ8 ũ' ũ"#ă-(".ēũũ
FURIA VERDADERO
ũũ
EXISTIR
DIOSA
RATA EN
APARATO RADIO-
INGLÉS AFÉRESIS DE NAPOLITANO
RÍO DEL ECUADOR RELATIVO AL DÍA
SONREÍR
ENTE
RÍO DE ALEMANIA
IGUALDA EN LA
NAVE LIANAS
DILIGENCIA,
oCWX[bIWbjei"l_i_jWhed[b C[hYWZe/Z[EYjkXh["kX_# YWZe[dbWY_kZWZZ[9k[d# YW$7bbfh[fWhWhed`k]ei" h[Yehh_[hedbeibeYWb[iZ[b [ijWXb[Y_c_[dje"bk]WhZedZ[ YecfWhj_[hedYedkdYWi[h_je cko[if[Y_Wb"[bfh[\[YjeZ[ 7pkWo"FWb9WhhWiYe$
INGLÉS
HOLGANZA,
SÍMBOLO DE
ANT. NOMBRE DE TAILANDIA
ATRAE AL UNA PARTE DE UN TERRENO
ADVERVIO DE
EXTRAER
SEÑOR ABREVIADO HOMBRE MUY CRUEL
CANTIDAD
COMBATE
PLANTÍGRADO INFINIDAD,
MICO
TERMINACIÓN
HABITACIÓN
SINÚMERO VERBAL
SAGRADO
BATEA
PATO
ESPECIE DE BÚFALO PIGMEO
TOR GUIONISTA Y PRODUCTOR DE EE. UU.
PAPAGAYO CIUDAD DE VENEZUELA TELA GRUESA
Solución anterior C HERMANO DE ABEL
P
VERDADERO
A
R
N
E
D
A
A C ACTRIZ DE LA APELÍCULA
PROMESAS DEL ESTE
N A S
EX INTEGRANTE DE LOS BEATLES
R
BAÑADO DE LUZ IGUALDAD EN LA SUPERFICIE
O
R
E
R
M
T
A
I
A
S
CUMPLEAÑOS
D
I
A
A
R
A
V
CUMPLEAÑOS
R
N
I
O
A
N
A
I
L
DESTREZA
A
R
T
E
A
R
A
O
N
B
I
T A
I
VELAR, CUIDAR
ESTADO DE ASIA CONVICTA
L A ARTÍCULO FEMENINO
TAIMERÍA
DE JULIO
CIUDAD DE FRANCIA
ESTRELLA EN INGLÉS
R
E
A
C
SOBERANO DEL ANT. EGIPTO ENAMORAR,
F
EL CANTAR DE LAS RANAS SANTUARIO, CAPILLA
S
CORTEJAR
G
A
L
N
APÓCOPE DE
SÍMBOLO DE ALUMINO SANTO
E
L
R
A
I
ENTE
A8EFJ8I8EP (/(.$(//) GF<K8?èE>8IF% ;@J:àGLCF;<G<KF=@% GF<D8JP:L<EKFJ;< :8IÝ:K<IGFGLC8I%
A N
SÍMBOLO DE SODIO
TOLA SIN VOCALES
N
O
DE LA GALIA
M
N
C
A
DISTURBIO, AFRONTAR,
O
A CRIAR
MAHOMETANO
I
P
I
C
O
PASAJERA
T
T
S
E
O
BLANCO
NAVE
LICOR
C HUESO DE LA
R
OFIDIO DE GRAN TAMAÑO
N
CADERA
REY DE LOS ANIMALES
R
I
A
C
O
R
A
B
R
I
REPERCUSIÓN
A
COLA DE LOS ANIMALES
O
PROVINCIA DE ESPAÑA AFÓNICA
FILÓN
GUERRILLA VASCA
DE SANTO
RÍO DE FRANCIA
N
SODIO
R
N
A
E
S
R
I
CAPITAL DE ALBANIA
HABITUAL VOZ DE ARRULLO
R
SÍMBOLO DE
L
CONTENTO
FALDA INDÍGENA
R
I
E
L
R
O
N
C
A
ARTÍCULO
ALFA
R
O CARRIL DE LA LÍNEA FEERREA ROENTGEN
FICIALMENTE RÍO DE ALEMANIA
CINCUENTA EN ROMANOS CERIO
PLACER, NEUTRO
}
2(!.2(2
+ #13.ũ .1 5(
ũ ũ ĔũĉĊĖćć
ŗũũũCWh_edikijhW[Z_d[heZ[ ikjhWXW`eYed[bÒdZ[Whh[#
ĸĈĒćĐıĈĒĒćĹũ
ŗũũũ
]bWhik[YedecW$:khWdj[ ik^k_ZWfWiWbWdeY^[[d[b cej[bZ[DehcWd8Wj[i"kd _dZ_l_Zkeckof[Ykb_Wh$Ik [hhehi[h|jecWhkdWZkY^W$ 9_djWZ_h_]_ZWfeh=kiLWd IWdjofhejW]ed_pWZWfeh 7dd[>[Y^[oL_dY[LWk]^d$
;iYh_jehof[h_eZ_ijW_jWb_Wde dWY[kdZWYece^eo[dHecW$ IkeXhWb_j[hWh_Wi[YWhWYj[h_# pWfehkdWYhj_YW\hedjWbWbW ^_feYh[iW"[b^[Zed_iceo[b WYeceZWc_[djeZ[bWieY_[ZWZ [khef[WZ[bi_]beNN$9kbj_l kd[ij_beWkij[heoh[Wb_ijW"fh[# i[dj[oW[dikfh_c[hWdel[bW ÈBei_dZ_\[h[dj[iÉ '/(/ "gk[b[ ^_peiWbjWhWbW\WcW[dikfWi$ ;dikij[njeiiedh[Ykhh[dj[i [b_cfkbiei[nkWb"bWWb_[dWY_d Z[b_dZ_l_Zkeo[b[n_ij[dY_W# b_ice$7kjehZ[ÈBWZ[ieX[# Z_[dY_WÉ"ÈBWhecWdWÉ"È;bWceh Yedok]WbÉoÈ;bYed\ehc_ijWÉ"bWi YkWjhebb[lWZWiWbY_d[$
2 ".ũďćũ5#!#2ũ8ũ+4#%.ũ+ 2ũ5#-"~ ũ ieZ[^WX[hi[YWiWZe,&l[Y[io bk[]e^WX[hl[dZ_Zeiki[ifeiWi W fheijXkbei \k[ Z[j[d_Ze [d kdWh[]_dZ[Ykbj_leiZ[j[d 8[d]WbWeYY_Z[djWb$ ;bik`[je"Z[(-Wei"\k[WYk# iWZeZ[^WX[hWYjkWZeZkhWdj[ Y_dYeWeifh[i[dj|dZei[Yece kdiebZWZeX_[dfW]WZeZ[b;`h# Y_je_dZ_e$ ÆJ[dWbWYeijkcXh[Z[fh[# i[djWhi[YecekdiebZWZeZ[i[e# ieZ[YedjhW[hcWjh_ced_eWdj[i Z[lebl[hWikjhWXW`eÇ"_d\ehc
SELENIO VOZ DE ARRULLO
SONIDO
DELGADO
Ċŋ
ĔũũěKd^ecXh[ieif[Y^e#
SÍMBOLO DE
SÍMBOLO DE
LADRILLO
A
YACIMIENTO,
SÍMBOLO E
A
COTIDIANO,
D
E
HERMANO DE ABEL APÓCOPE
BONDADOSA
R ARAR SUPER-
A
O
A
O
CANSAR
L LABRAR
R
SEDICIÓN
R
LLUVIA CORTA
DE PAPÁ
RECHAZAR
OMEGA
ACCIÓN DE SABROSA
EXTRAÑA
R
CONTAR
HERMANO CIUDAD DE COLOMBIA
Y FUERTE
A TRABAJAR,
CABELLO
W CELEBRIDADES
N
LIBRO SAGRADO
C
INGLÉS
CIUDAD DE COLOMBIA
A
R
YODO
PLANTA TREPADORA
EINSTENIO
ALFA
VAGAR EN
MAGA
RÍO DE EUROPA SÍMBOLO DE
A SÍMBOLO DE
I
E
R
M N
A
R
A
A
C
A
DEVOTA
E
L
N
T EMBANCAR
U
E
H
N
N
CIUDAD DE COREA CIUDAD DE ITALIA
O
I ENCALLAR,
L
J SÍMBOLO
^ ũ
CONVICTO CIUDAD DE RUAMNIA
LUGAR
PONIENTE PERRO
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ -ũ#+ũ! ,/.ũ#!.-¢,(!.ũ2#1;ũ/14"#-ı 3#ũ04#ũ24ũ/ 1#) ũ2#ũ"#)#ũ++#5 1ũ/.1ũ+ ũ (-34(!(¢-ēũĖũ.+.ũ!1#!#,.2ũ#-ũ #2/~1(34ũ2(ũ"#2!#-"#,.2ũ#-ũ+.ũ, 3#1( +ēũ
CAMINAR ADVERBIO DE
PUESTA,
MÚSICO
ũũ
EN INGLÉS
ACTOR, DIREC-
INSTRUMENTO
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ 4ũ2#-2( (+(" "ũ#2/(1(34 +ũ8ũ24ũ, "41#9ũ (-3#1- ũ2#ũ,.231 1;-ũ#-ũ%1 ".ũ24/#1+ 3(5.ũ #-ũ#23#ũ/#1~.".ēũĖũ+ũ! ,(-.ũ "#+ũ#2/~1(34ũ2#ũ' !#ũ#-ũ"(1#!!(¢-ũ./4#23 ũ +ũ"#ũ+ ũ, 3#1( ũē
AMOR
MINERAL QUE
CADERA
COBALTO
ũũ
DIOS DE LA INDIA DIOS DEL
NIQUEL
DESCANSO
ŗũũũBWiPkgk_bbe"CWhY[bW 9Wcfei"CWhj^WZ[IWbWi
ESTRELLA EN
TRÁMITE
NOMBRE DE LA LETRA D SÍMBOLO DE
ĸ$# 1#1.ũĈĒũıũ, 19.ũĉćĹũ ũ! 1;!3#1ũ"#ũ242ũ24/#1(.1#2ũ2#1;ũ,;2ũ , +#ũ+.ũ04#ũ+#ũ" 1;ũ4- ũ2#-2 !(¢-ũ "#ũ#23 (+(" "ũ8ũ31 -04(+(" "ũ#-ũ#+ũ;1# ũ /1.$#2(.- +ēũĖũ ũ5.9ũ"#+ũ/4# +.ũ #2ũ#+ũ3 , .1ũ"#ũ(.2ē
CAPITAL DE ITALIA MAMÍFERO HIRACOIDIO MADRE DE JESÚS
[b`[\[Z[bWFeb_YWbeYWb":[X[d# ZhWFhWiWZI_d]^$ Æ9WcX_WXW \h[Yk[dj[c[dj[ Z[bk]WhfWhW[d]WWhWbWick# Y^WY^Wi Z[ \Wc_b_Wi feXh[i Z[ bWifbWdjWY_ed[iZ[joZ[bWiWb# Z[WiÇ"fh[Y_i$ ;b^ecXh[i[YWiYedWbc[# dei,&ck`[h[iWdj[iZ[l[dZ[h# bWi W fheijXkbei Z[ 8ecXWo o Fkd["Y_kZWZ[iZ[bikhZ[bW?d# Z_W"fehfh[Y_ei[djh[-&$&&&o '&&$&&&hkf_Wi [djh[(o*c_# bbed[iZ[f[iei $ Dk[l[ Z[ bWi fh[ikdjWi lY#
j_cWi\k[hedkX_YWZWiZ[ifki$ BWFeb_YW^WXWi_ZeWb[hjWZWZ[ [ij[jh|ÒYefehkdWeh]Wd_pWY_d de]kX[hdWc[djWbZ[:Wh`[[b_d]" Y_kZWZYedeY_ZWfehikifbWdjW# Y_ed[iZ[j$ BWi WieY_WY_ed[i Z[dkdY_Wd Yed\h[Yk[dY_WbWicWbWiYedZ_# Y_ed[i iWd_jWh_Wi o Z[ iWbWh_ei gk[ ik\h[d bei eXh[hei Z[ bWi fbWdjWY_ed[i$
ĸ#-#1.ũĈĒũıũ$# 1#1.ũĈĒĹ "ēũ5#1;ũ!.-ũ,4!' ũ(+42(¢-ũ8ũ#2/#1 -9 ũ 24ũ$4341.ũ8ũ3#-"#1;ũ ũ("# +(9 1ėũ/1.!41#ũ 04#ũ+ ũ!.-23 -!( ũ2# ũ#+ũ,#"(.ũ/ 1 ũ5#1+.ũ 1# +(9 ".ēũĖũ .ũ04#ũ"(23(-%4#ũ +ũ '., 1#ũ"#+ũ -(, +ũ#2ũ#+ũ2 !1(ă!(.ēũũ
ũũ
FALLAR
SUPERFICIE SANTO EN PORTUGUÉS
ATAR CON
ĔũĈĈĖćć
SÓLO AMIGOS
HABITAR
DISPERSA
GRITO TAURINO
(4" " -.2 "#+ũ,4-".
ACTRIZ DE LA PELÍCULA
LOCALIZADOR
LIMAR, RALLAR
Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ
ũ1#+ !(¢-ũ!.-ũ24ũ/ 1#) ũ2#ũ5.+5#1;ũ ,;2ũ!.,/1.,#3(" ũ8ũ#-31#% " ũ8 ũ04#ũ #23 ũ,.231 1;ũ24ũ2#-2( (+(" "ũ8ũ $#!3.ēũ Ėũ+ũ2#15(!(.ũ#2ũ#+ũ! , (.ũ"#ũ+ ũ '4,(+" "ē
:ũũ
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ +ũ;1# ũ+ .1 +ũ2#ũ #-#ă!( 1;ũ"#ũ24ũ 4#-ũ ;-(,.ũ8ũ"(2/.2(!(¢-ũ+.ũ04#ũ3 , (_-ũ 84" 1;ũ ũ,#).1 1ũ+ ũ1#+ !(¢-ũ!.-ũ242ũ !.,/ #1.2ēũĖũ." 2ũ+ 2ũ Ą.1#2ũ"#ũ3." 2ũ+.2ũ, - 2ũ#23;-ũ#-ũ+ 2ũ 2#,(++ 2ũ"#ũ'.8ē
ũũ
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ /1.5#!'#ũ! " ũ,(-43.ũ"#ũ+ ũ!.,/ ~ ũ "#ũ242ũ'().2ũ8ũ-( .2ũ/#04# .2ũ8 ũ04#ũ #23.2ũ!.-ũ24ũ2#-!(++#9ũ+#ũ" 1;-ũ+#!!(.-#2ũ 5 +(.2 2ũ#ũ(-.+5(" +#2ēũĖũ, 1ũ -.ũ#2ũ,(1 12#ũ4-.ũ ũ.31.Ĕũ2(-.ũ,(1 1ũ)4-3.2ũ #-ũ+ ũ,(2, ũ"(1#!!(¢-ē
ũũ
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ
ũ .-" "ũ8ũ /#1341 ũ#,.!(.- +ũ04#ũ ,4#231 ũ ũ24ũ$ ,(+( ũ' 1;-ũ04#ũ24ũ1#+ !(¢-ũ !.-ũ#++.2ũ2#ũ3.1- ũ,;2ũ!#1! - ũ8ũ $#!34.ı 2 ēũĖũ 8ũ04#ũ %.3 1ũ3.".2ũ+.2ũ #2$4#19.2ũ -3#2ũ"#ũ04#) 12#ē
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ -ũ#23#ũ,.,#-3.ũ+ ũ1#+ !(¢-ũ04#ũ , -3(#-#ũ!.-ũ242ũ'#1, -.2ũ2#1;ũ,;2ũ (,/.13 -3#ũ"#-31.ũ"#ũ24ũ5(" ėũ/1.!41#ũ ,#).1 1+ ēũĖũ 1 ũ/1.%1#2 1ũ -.ũ 23 ũ !34 1Ĕũ' 8ũ04#ũ2 #1ũ#-ũ04_ũ 2#-3(".ũ !34 1ēũũ
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ 42ũ1#!412.2ũ#,.!(.- +#2ũ8ũ#2/(1(34 +#2ũ #23 1;-ũ1#$.19 ".2ũ8ũ+#ũ 84" 1;-ũ ũ5#1ũ + ũ5(" ũ!.-ũ,;2ũ./3(,(2,.ũ8ũ +#%1~ ēũ Ėũ+ũ,#).1ũ,#"(.ũ/ 1 ũ!.-.!#1ũ + ũ%1 -"#9 ũ#2ũ , 1ũ,4!'.ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ 4ũ! 1;!3#1ũ2#1;ũ,;2ũ $#!34.2.Ĕũ"#,.2ı 31 3(5.ũ8ũ +#%1#ēũ# #ũ!4(" 1ũ24ũ +(,#-3 ı !(¢-ũ8 ũ04#ũ3#-"#1;ũ ũ24 (1ũ"#ũ/#2.ēũ Ėũ.ũ2#ũ2 +#ũ "#+ -3#ũ!#+#ı 1 -".ũ_7(3.2Ĕũ2(-.ũ24/#1 -".ũ. 23;!4+.2ēũ
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ /1.5#!'#ũ#2 ũ-#!#2(" "ũ"#ũ 84" 1ũ8ũ /.8 1ũ ũ+.2ũ-#!#2(3 ".2ũ04#ũ3(#-#ũ#-ũ #23#ũ,.,#-3.ũ8 ũ04#ũ" 1;ũ$#+(!(" "ũ8ũ !.-24#+.ũ ũ,4!'.2ũ2#1#2ēũĖũ 2ũ #++.ũ2 #1ũ04#ũ Ì-ũ' 8ũ04(#-ũ#2/#1 ũ +#5 -3 1ũ +ũ'., 1#ēũ
Ä Ä†
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
.2ĹŠ 4#%.2ĹŠ /1#)45#-(+#2ĹŠ2.-ĹŠ / 1 ĹŠ4 8 2 BWi‘bj_cWi`ehdWZWi\k[hedZ[# Y_i_lWifWhWgk[=kWoWii[fhe# YbWc[Yece[b]WdWZehWXiebkje Z[beiĂˆ??@k[]eiDWY_edWb[iFh[# `kl[d_b[iÉ"oWgk[F_Y^_dY^WZe# c_dWXWbWfkdjkWY_ÂŒd][d[hWb" [dbWcWoeh‡WZ[bWi`ehdWZWi$ :[iZ[kd_d_Y_ei[[if[hWXW gk[ bWi Zei fhel_dY_Wi fhejW# ]ed_pWhWdkdZk[befWhWiWX[h gk_[di[bb[lW[bY[hjWc[doF_# Y^_dY^Wbe]hÂŒ_cfed[hi[[dWb# ]kdWiZ_iY_fb_dWiYece[bYWie Z[]_cdWi_W"[dbWgk[]WdÂŒYed Wkjeh_ZWZ$ ;dYWcX_e=kWoWi"i[h[Yk# f[hÂŒ[dbeiZei‘bj_ceiZ‡WiZ[ Yecf[j[dY_WfWhWikcWh*$,.) fkdjei[d[b]beXWb"bWZ[b[]WY_ÂŒd ĂˆEheo=hWdWÉ"[dYWcX_e"WbYWd# pÂŒ*$+.,kd_ZWZ[i"gk[Z|dZei[ Yed [b i[]kdZe bk]Wh$ CWdWX‡ \k[ j[hY[hW" f[he cko b[`ei Z[ bWiZeifhel_dY_Wi"oWgk[Wf[# dWiikcÂŒ($,)(fkdjei$
.,/#3#-!(
.2(!(.-#2
4-3 )#
1.5(-!( ĹŠ
4 8 2ĹŠ ĹŠ (!'(-!' ĹŠĹŠ - ~ĹŠ ĹŠ , 41 ĹŠĹŠ 94 8ĹŠĹŠ ĹŠ
ĹŠ
ČēÄ?Ä‘ÄŠ ČēĎđÄ? ĉēÄ?Ċĉ Ĉēđĉć ĈēÄ?Ä‘Ä?
BW ]hWd Z[Y[fY_ÂŒd Z[ [ijei @k[]ei \k[ bW feXh[ WYjkWY_ÂŒd gk[jkl_[hedbeii[b[YY_edWZei Z[7pkWo"gk[Wf[dWibe]hWhed '$-.,oj[hc_dÂŒgk_djWikf[hW# ZWfeh?cXWXkhW$BeiĂˆcehbWYeiÉ [dbeiWdj[h_eh[i[l[djeiZ[feh# j_lei ^Wd i_Ze fhejW]ed_ijWi" f[he[ijWl[pdeWbYWdpWhedbWi [nf[YjWj_lWiZ[kX_YWhi[[dkdW c[`ehfei_Y_ÂŒd$
¥ēŊ .2Ŋ/(+.3.2Ŋ31(4-$ ".1#2Ŋ"#23 ! 1.-Ŋ#+Ŋ 4#-Ŋ-(5#+Ŋ"#Ŋ+ 2Ŋ/(23 2Ŋ #-Ŋ04#Ŋ2#Ŋ1# +(9¢Ŋ+ Ŋ/14# ē
#ĹŠ1#!.-.!#ĹŠ ĹŠ+.2ĹŠ,#).1#2
.2ĹŠ31(4-$ ".1#2ĹŠ"#ĹŠ+ 4#+3 ĹŠ ĹŠ+ ĹŠ#/ĂŒ +(! $4#1.-ĹŠ/1#,( ".2Ä“ BW [Z_Y_ÂŒd (&'& Z[ bW Lk[bjW 7kjecel_b‡ij_YW Wb ;YkWZeh YedYbkoÂŒ[b`k[l[ifWiWZeYed [b WYje Z[ fh[c_WY_ÂŒd W bei ]WdWZeh[i [d bWi Z_\[h[dj[i YWj[]eh‡Wi gk[ fWhj_Y_fWhed o h[Yehh_[hed [b fW‡i Wb]kdWi i[cWdWiWjh|i$F[hei_dZkZW bW Wki[dY_W Z[ bei ^[hcWdei 9k[dYW\k[bWc|idejWXb[[d bW]WbW$ Bei fh_c[hei [d jecWh bW fWbWXhW\k[hedbeieh]Wd_pWZe# h[i"gk_[d[ih[iWbjWhedbWbWXeh [dYed`kdjegk[h[Wb_pWhedbei Z_\[h[dj[iYbkX[iZ[bfW‡ifWhW eh]Wd_pWhbWfhk[XW"oWgk[[d (&&/ de i[ h[Wb_pÂŒ [ijW Yec# f[j[dY_W$9WhbeiD‘‹[pYece YeehZ_dWZeh ][d[hWb [nfh[iÂŒ Æ[ijWYecf[j[dY_W\k[kdjhWXW# `e[dYed`kdjeZ[jeZeigk_[d[i \ehcWceifWhj[Z[bWkjecel_#
31 ĹŠ).5#-ĹŠ /1.,#2
Ä“ĹŠ ĹŠĂŒ+3(, ĹŠ!.,/#3#-!( ĹŠ04#ĹŠ2#ĹŠ1# +(9¢Ŋ$4#ĹŠ+ ĹŠ"#ĹŠ$ĂŒ3 .+ĔŊ4 8 2ĹŠ% -¢Ŋ+ ĹŠ ă- +ĹŠ ĹŠ2,#1 +" 2Ä“
ĹŠ Äą }
+ĹŠ #04(/.ĹŠ "#ĹŠ ¢1,4+ ĹŠ -.ĹŠ .1.ĹŠ .22.ĹŠ -4-!(¢Ŋ 04#ĹŠ #+ĹŠ 4231 +( -.ĹŠ -(#+ĹŠ(!!( 1".ĹŠ 2#1;ĹŠ #+ĹŠ /(+.3.ĹŠ 1#2#15 ĹŠ "#ĹŠ + ĹŠ #2!4"#1~ ĔŊ04#ĹŠ#-ĹŠÄ‰Ä‡ÄˆÄˆĹŠ2#%4(Äą 1;ĹŠ !.-3 -".ĹŠ !.-ĹŠ #+ĹŠ #2/  .+ĹŠ
(,#ĹŠ+%4#124 1(ĹŠ8ĹŠ#+ĹŠ24(9.ĹŠ # 23(#-ĹŠ4#,(ĹŠ!.,.ĹŠ3(34Äą + 1#2Ä“ĹŠ(!!( 1".ĔŊ"#ĹŠÄ‰ÄˆĹŠ  .2ĔŊ ' ĹŠ2(".ĹŠ24 ! ,/#¢-ĹŠ#23#ĹŠ  .ĹŠ #-ĹŠ+ ĹŠ.1,4+ ĹŠ#- 4+3ĹŠÄŠÄ“ÄŽĹŠ"#ĹŠ + 2ĹŠ.1+"ĹŠ#1(#2ĹŠ8ĹŠ#-ŊĉććĒŊ 2#ĹŠ /1.!+ ,¢Ŋ ! ,/#¢-ĹŠ "#+ĹŠ 1(3;-(!.ĹŠ"#Ŋ¢1,4+ ĹŠÄŠÄ“ĹŠ
b_icedWY_edWb$Ikf[hWceije# ZWibWiZ_Ă’YkbjWZ[igk[i[fh[# i[djWhedoWbĂ’dWbbWLk[bjW\k[ jeZekdƒn_jeÇ"_dZ_YÂŒ$ 7i‡ bei fh_c[hei [d i[h fh[c_WZei\k[hedbeil[dY[# Zeh[i[dbWYWj[]eh‡WZ[YkW# Zhed[i$ 7Zh_|d 9WhlWbbe \k[ [b]WdWZehZ[fh_dY_f_eWĂ’d oi[ceijhÂŒYedj[djeZ[X_Ze Wb ]hWd [i\k[hpe gk[ h[Wb_pÂŒ fWhWbb[lWhi[bWfhk[XW$Æ;ijW Lk[bjW i_d ZkZW gk[ [ijkle W bW WbjkhW" \k[ kdW l_Yjeh_W c[h[Y_ZW$JeZe[bjhWXW`egk[ Z[i[cf[‹Wceii[l_eh[Yec# f[diWZeWbĂ’dWbÇ"WĂ’hcÂŒ9Wh# lWbbe$ HkXƒd o >ec[he 9k[dYW \k[hedbei]hWdZ[il[dY[Zeh[i Z[bWLk[bjW"f[he[bbeidefk# Z_[hedWi_ij_hWbWY[h[ced_W$ Bei eh]Wd_pWZeh[i h[iWbjWhed
- ".1#2
#1(#2
3#%.1( ĹŠÄ‰Ä‡Ä‡Äˆ!!ĹŠ ŊĊĎćć!!
ŗŊ.,#1.ľŊ4 _-Ŋ4#-! ŗŊ#,Ŋ.-3 - ŗŊ 41(!(.Ŋ4#11#1.
##/2ĹŠ8ĹŠ! ,(.-#3 2
Ĺ—ĹŠ -3( %.ĹŠ.#++. Ĺ—ĹŠ."1(%.ĹŠ.1) Ĺ—ĹŠ#1, --ĹŠ
3#%.1~ ĹŠ"#ĹŠÄˆÄŒÄ‡Ä‡!!ĹŠ Ŋĉććć!!
Ĺ—ĹŠ .Ä‚1#ĹŠ 9 #* Ĺ—ĹŠ1 -!(2!.ĹŠ#5(++ Ĺ—ĹŠ23# -ĹŠ;-!'#9
3#%.1~ ĹŠ!4 "1.-#2
Ĺ—ĹŠ"1(;-ĹŠ 15 ++.ĹŠ Ĺ—ĹŠ+#) -"1.ĹŠ + 9 1 Ĺ—ĹŠ 1+.2ĹŠ#8#2
[b[i\k[hpeZ[beic‘bj_fb[iYWc# f[ed[iZ[[ijWfhk[XW"jWdje[d beZ[fehj_leYece[dbeeh]Wd_# pWj_le$
Ĺ? Ĺ?
Ĺ?
(- +
+ ĹŠ"#ĹŠ/.2(!(.-#2
Ä Ä‡
Ĺ? ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ?+. Ĺ?
04(/.ĹŠ
(% ĹŠ Ä“ĹŠĹŠĹŠ , 41 ĹŠĹŠ (5#1ĹŠ+ 3#ĹŠ .! $4#13#ĹŠĹŠ _!-(!.ĹŠÄ“ĹŠĹŠ ĹŠ 1#!( ĹŠĹŠ
(% ĹŠÄ“ĹŠĹŠ Ä“ĹŠ9.%4#2ĹŠĹŠ 3+Ä“ĹŠ4" 9ĹŠĹŠ ĹŠ 4-Ä“ĹŠ Â 1ĹŠĹŠ
ĹŠ 4-3.2ĹŠ ÄŒÄŒĹŠĹŠ đĉŊ ĊćŊŊ ÄŒÄŒĹŠĹŠ Ä?Ä‘ĹŠ ĉÄ?ĹŠĹŠ ÄŒÄŒĹŠ Ä?ÄŒĹŠ ÄˆÄˆĹŠĹŠ ÄŒÄŒĹŠ Ä?ÄˆĹŠ ĉĉŊŊ ÄŒÄŒĹŠ Ä?ÄˆĹŠĹŠ ĉĉŊŊ ÄŒÄŒĹŠ ÄŽÄ?ĹŠĹŠ ÄąÄˆÄ‘ĹŠĹŠ ÄŒÄŒĹŠĹŠ ÄŽÄŠĹŠĹŠ ÄąÄˆÄ‰ĹŠĹŠ ÄŒÄŒĹŠĹŠ ÄŽÄŠĹŠĹŠ ÄąÄˆÄ?ĹŠĹŠ ÄŒÄŒĹŠĹŠ ÄŒÄ’ĹŠĹŠ ÄąÄˆÄŠĹŠĹŠ ÄŒÄŒĹŠĹŠ ÄŒÄ’ĹŠĹŠ ĹĊćŊŊ ÄŒÄŒĹŠĹŠ ÄŒÄ?ĹŠĹŠ ÄąÄˆÄ‡ĹŠĹŠ ÄŒÄŒĹŠĹŠĹŠ ÄŒÄ?ĹŠĹŠ ÄąÄˆÄˆĹŠĹŠ
(% ĹŠ"#ĹŠ .) , 41
ĹŠ 4-Ä“ĹŠ Â 1
Ă‹+3(, ĹŠ$#!' #24+3 ".2
. .ĹŠ(-3#1#2 ĹŠ +ĹŠ ĹŠ+*, 1
Ĺ—ĹŠ ĹŠĹŠLWh_ei[c_iWh_eiZ[bYbkX ^ebWdZƒi7P7bacWWh[ij|d[d [bfW‡i"fWhWc_hWh[bZ[i[c# f[‹eZ[b`el[d@eWeHe`Wi" gk_[dc_b_jW[d[b;c[b[Y$BW _dj[dY_ÂŒdZ[bei[c_iWh_ei[i feZ[hl[hZ[Y[hYWWb`k]WZeh$ ;b[gk_fe^ebWdZƒioW^W [djWXbWZeYedl[hiWY_ed[iYed C_Y^[bb[Iƒbb[h"fh[i_Z[dj[Z[b ?dZ[f[dZ_[dj[Z[bLWbb["[gk_fe Zk[‹eZ[ikfWi[$I[[if[hWgk[ bei[dl_WZeiZ[bYbkX[khef[e fWi[d[b_d\ehc[fWhWYedYh[# jWh[bjhWifWieZ[b`k]WZeh$
Ĺ—ĹŠ.! $4#13#ŊđŊIJŊćŊ Ĺ—ĹŠÄ“ĹŠ9.%4#2ŊćŊIJŊćŊ3+Ä“ĹŠ4" 9 41 ĹŠÄŠĹŠÄ˛ĹŠÄˆĹŠ Ĺ—ĹŠ , Ĺ—ĹŠ (% ĹŠ Ä“ĹŠÄˆĹŠÄ˛ĹŠÄ‡ĹŠ 4-Ä“ĹŠ  1 Ĺ—ĹŠ (% ĹŠÄ“ĹŠÄ‡ĹŠÄ˛ĹŠÄˆĹŠ1#!( Ĺ—ĹŠÄ“ĹŠ-(5#12(3 1(.ĹŠÄˆĹŠÄ˛ĹŠÄˆĹŠ(5#1ĹŠ+ 3#
Ä“ĹŠ+ĹŠ , 41 ĹŠ/#1"(¢Ŋ/4-3.2ĹŠ5 +(.2.2ĹŠ#-ĹŠ$#!' 2ĹŠ -3#1(.1#2Ä“ĹŠ45.ĹŠ04#ĹŠ#2/#1 1ĹŠ' 23 ĹŠ#+ĹŠÄƒ- +ĹŠ / 1 ĹŠ!.-2#%4(1ĹŠ#+ĹŠ 2!#-2.Ä“
ĹŠ
.".ĹŠ"#ă-(".ĹŠ#-ĹŠ+ ĹŠ
(% ĹŠ"#ĹŠ .) ĹŠ#ĹŠ , 41 ĹŠ 2!#-"(#1.-ĹŠ ĹŠ+ ĹŠ2#1(#ŊĔŊŊ 8ĹŠ 4-(!(/ +ĹŠ  1ĹŠ)4% 1;-ĹŠ#-ĹŠ#%4-" ĹŠ 3#%.1~ Ä“ ;bl_[hd[ifehbWjWhZ[YedYbkoÂŒbW I[h_[8$B_]WZ[Be`Wo[b?cXWXkhW iedbei[gk_feigk[`k]Wh|d[dbW I[h_[7[bfhÂŒn_ceW‹e"c_[djhWi gk[[bCkd_Y_fWb9W‹Who[bYkW# ZheZ[bWKd_l[hi_ZWZJ[YdebÂŒ]_YW ;gk_deYY_Wb KJ; c_b_jWh|d[dbW I[]kdZW9Wj[]eh‡W[d(&''$
BWB_]WZ[Be`W^WX‡WYedi[]k_# ZeikfWi[WbW7^WY[Zei\[Y^Wio i[fheYbWcŒYWcf[ŒdZ[bWYWj[]e# h‡W$;bi[]kdZeYkfe[hWbegk[i[ Z_ifkjWXW[dbW‘bj_cW\[Y^W"Yed Zei[gk_feiYedfei_X_b_ZWZ[i$;b ?cXWXkhWo[bH_l[hFbWj[[ijkl_[# hed^WijW[b‘bj_cef[b[WdZebWfe#
i_X_b_ZWZZ[WiY[dZ[h$<_dWbc[dj[ [b YkWZhe _cXWXkh[‹e be]hÂŒ -. fkdjei"YkWjhec|igk[[bYkWZhe ]kWoWgk_b[‹e$ ;dbWc_jWZZ[bWjWXbWZ[fe# i_Y_ed[ijeZe[ijWXWZ[Ă’d_Ze"Wi‡ gk[bWejhWZ_ifkjWgk[^WX‡W[hW iWX[h bei Zei [gk_fei gk[ Z[i#
Y[dZ[h‡Wd$9kWjhe[gk_fei[ijW# XWdWbf[dZ_[dj[Z[[ij[j[cW$ ;b :[fehj_le 7pe]k[i o [b 7jbƒj_Ye 7kZWp cWd[`Whed Z[ Xk[dW\ehcWbWl[djW`Wgk[j[# d‡WdieXh[beiYeb_ijWi$;dYWc# X_e"bWKJ;o[bCkd_Y_fWb9W‹Wh de fkZ_[hed ]WdWh" f[i[ W gk[ bei ejhei h[ikbjWZei b[i \Wleh[# Y‡WdfWhWiWblWhbWYWj[]eh‡W"Wb Ă’dWbi[gk[ZWhedYed*-fkdjei" Zeic[deigk[[bdel[deo[bZƒ#
(134.2(2,.Ŋ52ēŊ$(! !( #Ŋ!.-!#-31 Ŋ + Ŋ/1#2#+#!!(¢-
Ĺ—ĹŠ ĹŠĹŠBWi[b[YY_ÂŒddWY_edWbikX (&i[h[kd_h|cW‹WdW[d[b Yecfb[`eZ[b?dZ[f[dZ_[dj[ Z[bLWbb["[dIWd]ebgk‡$Bei `k]WZeh[iZ[bWĂˆJh_ÉZ[X[h|d fh[i[djWhi[Wbc[Z_eZ‡WfWhW _d_Y_Whkddk[lec_YheY_Ybe" gk[YedYbk_h|[b`k[l[i(Z[ Z_Y_[cXh[$I_njeL_pk[j[oW Z[X[h|_hZ[Ă’d_[dZebWdÂŒc_# dWZ[Ă’d_j_lWgk[fWhj_Y_fWh| [bfhÂŒn_ceW‹e[d[bYWcf[e# dWjeIkZWc[h_YWde$
.ĹŠ04(#1#-ĹŠ#-ĹŠ _7(!.
Ĺ—ĹŠ ĹŠĹŠ=edpWbe9^_bW[dbWi‘bj_cWi fh[i[djWY_ed[iZ[ik[gk_fe^W [b[lWZeikd_l[bdejWXb[c[dj[" begk[^Weh_]_dWZegk[[b\‘j# Xebc[n_YWdeY[djh[ikie`ei[d [ij[\kjXeb_ijW$;if[Y‡ÒYWc[dj[ [b7cƒh_YWZ[Cƒn_Ye"[ij|jhWi beifWieiZ[9^_bW$=kijWle B[iYel_Y"h[fh[i[djWdj[Z[b `k]WZeh"l[dZh|[dbeifhÂŒn_# ceiZ‡WifWhWYedl[hiWhYedbW Z_h_][dY_WĂˆ7bXWÉfWhWYedeY[h [b_dj[hƒiZ[[gk_feĂˆ7pj[YWÉ$
Ä“ĹŠĹŠÄ›;bckdZe[dj[he[ij| Wbf[dZ_[dj[Z[bYb|i_Ye[ifW‹eb" [bfWhj_Zegk[fWhWb_pW[bckdZe ogk[W^ehWZ[Y_Z[YWcf[edWjei" feh bW Z_\[h[dY_W WX_icWb Yed [b h[ije"[dkd9WcfDekgk[WYe][ [b[d\h[djWc_[dje[djh[Zei[ij_bei Z_ij_djeiYedkdc_iceĂ’d$:ei YWc_deiZ[WbYWdpWh[bjh_kd\e$:[ iWXeh[WhbW]beh_W$ ;b l_hjkei_ice Ăˆ7pkb]hWdWÉ YedjhWbW[Ă’YWY_WĂˆ8bWdYWÉ$;bh[# Ă“[`e[d[bYWcfeZ[F[f=kWh# Z_ebW Wdj[ @eiƒ Cekh_d^e$ :ei ]WdWZeh[idWjei$ :[]kijW[bWĂ’Y_edWZeYkbƒ[d ikfWbWZWh[b\‘jXebc|iXh_bbWdj[ Z[bfbWd[jW$Kd[gk_fegk[oW[i ^_ijeh_W"feh]WdWhi[_ij‡jkbei[d kdWj[cfehWZW_d_]kWbWXb["Ykoe ^WcXh[Z[ƒn_jedei[h[XW`WYed beiW‹ei$ 7dj[[bWfe][eZ[b8WhY[bedW _hhkcf[[d[b[iY[dWh_ekdWĂ’]k# hWgk[][d[hWd[hl_ei_ice[dbW 9_kZWZ9edZWb$;b‘d_Yegk[\k[ YWfWpZ[\h[dWhWbYed`kdjeWpkb# ]hWdW[_cf[Z_hik^[][ced‡W[d ;khefW$KdjƒYd_Yegk[bb[]ÂŒWbW 9WiW 8bWdYW Yece [b iWblWZeh" gk[WYWfWhWjeZe[bfhejW]ed_i# ce[_cfed[ikcWdZe$;i@eiƒ Cekh_d^e" [b jƒYd_Ye WieY_WZe
ēŊ #243Ŋ9„+Ŋ"(2/43 1;Ŋ24Ŋ /1(,#1Ŋ!+;2(!.Ŋ#2/  .+ē
Yed[bƒn_je[dYWZWYWf‡jkbeZ[ ikYWhh[hW[dbeiXWdgk_bbei"gk[ iWYWc|n_cefhel[Y^eZ[fbWd# j_bbWigk[i[[djh[]WdWikĂ’]khW$ KdWZ[ceb[ZehW[Ă’YWY_W$ CeijhWh|[bYb|i_YeZei[ij_bei Z[[dj[dZ[h[b\‘jXeb$BW\WdjW# i‡W Z[b 8WhY[bedW Wdj[ [b `k[]e Z_h[YjeZ[bH[WbCWZh_Z$KdWbk# Y^W[djh[beiZeic[`eh[i\kjXe# b_ijWiZ[bckdZe"B_ed[bC[ii_o 9h_ij_WdeHedWbZe$JWdZ_ij_djei Yeced[Y[iWh_ei$
4.- -.33#ĹŠ#2ĹŠ2. 1#2#~".
ĹŠ)423(!( ĹŠ 1%#-3(- ĹŠ2. 1#2#8¢Ŋ +ĹŠ$43 .+(23 ĹŠ(#%.ĹŠ4.- -.33#ĔŊ"#+ĹŠ(5#1ĹŠ + 3#ĔŊ04(#-ĹŠ' !#ĹŠÄˆÄˆĹŠ,#2#2ĹŠ/1.3 %.-(9¢Ŋ4-ĹŠ !!("#-3#ĹŠ"#ĹŠ31;ă!.ĹŠ#-ĹŠ#+ĹŠ 04#ĹŠ,41(#1.-ĹŠ31#2ĹŠ ,(%.2ĹŠ248.2Ä“ĹŠ ĹŠ,#"(" ĹŠ$4#ĹŠ3., " ĹŠ/.1ĹŠ+ ĹŠ)4#9ĹŠ"#ĹŠ 1 -3~ 2ĹŠ"#ĹŠ+ ĹŠ!(4" "ĹŠ .- #1#-2#ĹŠ"#ĹŠ 4-(-ĔŊ 1(2 ĹŠ 4 .9ĹŠ %%#2#Ä“
( 1 -3#2 / 13(".2ĹŠ"# ;204#3 .+
Ä“ĹŠ .2ĹŠ ÄƒĹŠ!(.- ".2ĹŠ"#ĹŠ.-!'(%Ă•#ĹŠ2#ĹŠ04#" 1;-ĹŠ".2ĹŠ2#, - 2ĹŠ2(-ĹŠ5#1ĹŠ#+ĹŠ$ĂŒ3 .+ĔŊ/.1ĹŠ"(5#12 2ĹŠ1 9.-#2Ä“
+#1(3 ĹŠ"#) 1~ #+ĹŠ! ,/#.- 3. (ĹŠ"#2#13 ĔŊ#+ĹŠ3.1-#.ĹŠ2#ĹŠ04#Äą " 1~ ĹŠ!.-ĹŠ#+ĹŠ!.-!412.ĹŠ"#ĹŠ.!'.ĹŠ / 13(!(/ -3#2Ä“ BWdefh[i[djWY_ÂŒdZ[=Wb[h_jW Wb[dYk[djhefh[b_c_dWhZ[bi|# XWZeWdj[h_eh"fWhj_ZeYed[bgk[ Z[X‡W_d_Y_WhbWgk_djW\[Y^WZ[ bWi[]kdZW \Wi[ Z[b YWcf[edW# je Z[ \‘jXeb ĂˆJedY^_]”[ (&'&É" ^WY[fh[ikc_hgk[beiZ_h_][dj[i oZ[fehj_ijWiZ[[ijW[iYkWZhW" [ijWh‡WdfehWXWdZedWhbWYec# f[j[dY_Wi$ ;bbefehgk[i[cWdj_[d[d[d [b\edZeZ[bWjWXbWZ[fei_Y_ed[i WYkckbWZW o bWi fei_X_b_ZWZ[i Z[YbWi_Ă’YWY_ÂŒdWbWi[c_Ă’dWbZ[b jehd[eiedfh|Yj_YWc[dj[dkbWi$ 8W^‡W Z[ JedY^_]”[" [gk_fe Yed [b gk[ Z[X‡W `k]Wh" i[ fh[# i[djÂŒ h[]bWc[djWh_Wc[dj[ o i[ WZ`kZ_YÂŒ bei ) fkdjei" Yed kd cWhYWZehZ[(]eb[iW&jWbYece [ijWXb[Y[[bH[]bWc[dje$ 7!+42(¢-ĹŠ"#ÄƒĹŠ-(3(5 I_=Wb[h_jWdei[fh[i[djWWb[d# Yk[djhe Z[ bW i[njW \[Y^W" i[h| [nYbk_ZeZ[Ă’d_j_lWc[dj[Z[bjeh# d[eoiebWc[dj[gk[ZWh‡WdeY^e Z[bWi'&[iYkWZhWigk[_d_Y_Whed [bjehd[e$ ;dbegk[h[if[YjWWbeifWh# j_Zei gk[ i[ `k]Whed [b i|XWZe Wdj[h_eh"Wfh_c[hW^ehW"CWYWh| oF[‹Wheb"[dkd[dYk[djheYWh# ]WZeZ[[ceY_ed[i"_]kWbWhedW )]eb[i$ FehCWYWh|Yedl_hj_[hedxZ_# ied=k[hh[he[dZeiefehjkd_# ZWZ[i o CWdk[b =edp|b[p" [d kdW eYWi_ÂŒd1 c_[djhWi gk[ feh F[‹Wheb"bei]eb[i\k[hed^[Y^ei fehBk_i=hWY_W[dZeieYWi_ed[i o@eiƒGk_dj[he$;d[bi[]kdZe
[dYk[djhe"Yed]ebZ[9h_ij^_Wd I[]khW"8[hdWXƒZ[hhejÂŒWDk[# lW@kl[djkZ$ ;d[bfWhj_Zegk[Y[hhÂŒbW`eh# dWZW"Ăˆ=[d[hWY_ÂŒd(&&&É"be]hÂŒ _cfed[hi[fehbWc‡d_cW:_\[# h[dY_WW;ij[he7dY^e"]hWY_Wi Wkd]ebYedl[hj_Zefeh9Whbei Jehh[i" gk[ iWbjÂŒ Z[ bW XWdYW fWhWejeh]Whb[[ij[_cfehjWdj[ jh_kd\eWik[iYkWZhW$ .ĹŠ2#ĹŠ/1#2#-3¢ 7Z[c|i" 7jbƒj_Ye JedY^_]”[ i[WZ`kZ_YÂŒbeijh[ifkdjeifeh defh[i[djWY_ÂŒdZ[9[dj[dWh_e" [iYkWZhWgk[i[h[j_hÂŒ[d\[Y^Wi fWiWZWiZ[[ij[jehd[e$ BWikX_YWY_ed[iZ[bei[gk_# fei [d bW i[]kdZW \Wi[ Z[ bW Yecf[j[dY_Wi^Wdgk[ZWZeWi‡0
#2/4_2ĹŠ"# ".2ĹŠ2#, - 2
;b YWcf[edWje Z[ X|igk[jXeb cWiYkb_deo\[c[d_degk[h[W# b_pWbWB_]W:[fehj_lW9WdjedWb Z[IWdBeh[dpe"YkWdZe\WbjWd Zei \[Y^Wi fWhW ik Ykbc_dW# Y_ÂŒd"i[fkieWbhe`el_le"fehbe [ijh[Y^e[d[bfkdjW`[WYkck# bWZe o bW Y[hhWZW Z_ifkjW feh YWZWfkdje[dbeifWhj_Zeigk[ i[`k[]Wd$ ;d bW \[Y^W Z_ifkjWZW [b i|XWZe (& Z[ del_[cXh[" [d lWhed[i"FWjh_WDk[lW\h[dÂŒW JWcX_bbeobel[dY_ÂŒ[dkd_d# j[h[iWdj[fWhj_Ze"feh[bcWh# YWZehZ[).W))1PedWH‡eiZ_e Yk[djWZ[7jbƒj_YeIWdBeh[d# pe"feh[bcWhYWZehZ[**W'+$ Ejhei h[ikbjWZei0 CWYWh| +," 9WjÂŒb_YW(&1BWiC[hY[Z[i()" Dk[lei>eh_pedj[i.$ 9edbeih[ikbjWZeiZ[bi|XW# Ze"bWikX_YWY_ed[iZ[bei[gk_# fei^Wdgk[ZWZeZ[bWi_]k_[d# j[cWd[hW0PedWH‡ei"JWcX_bbe oBWiC[hY[Z[i"/fkdjei1CW# YWh|oFWjh_WDk[lW".1Dk[lei >eh_pedj[i"-19WjÂŒb_YWo7jbƒj_# YeIWdBeh[dpe"+fkdjei$ +ĹŠ!.,/.13 ,(#-3. Beih[ikbjWZei[dZWcWi\k[# hed0BWiC[hY[Z[i(&"Dk[lei >eh_pedj[i((19WjÂŒb_YW(+"CW# YWh|''1FWjh_WDk[lW'+"JWcX_# bbe.1PedWH‡ei')"7jbƒj_YeIWd
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
ÄŠ
# # !.-31.+ 12# Ĺ—ĹŠĹŠ
+ĹŠ)4#%.ĹŠ 142!.ĹŠ04#ĹŠ2#ĹŠ. 2#15¢Ŋ#-ĹŠ #+ĹŠ/ 13(".ĹŠ04#ĹŠ#2!#-(ÄƒĹŠ! 1.-ĹŠ3+_3(!.ĹŠ -ĹŠ .1#-9.ĹŠ8ĹŠ .- ĹŠ~.2ĔŊ#-ĹŠ5 1.-#2ĔŊ "# #ĹŠ2#1ĹŠ!.-31.+ ".ĹŠ/.1ĹŠ+.2ĹŠ;1 (31.2ĹŠ / 1 ĹŠ#5(3 1ĹŠ04#ĹŠ+.2ĹŠ)4% ".1#2ĹŠ2#ĹŠ ' % -ĹŠ"  .2ĹŠ$~2(!.2ĹŠ8ĹŠ 3#-3#-ĹŠ!.-31 ĹŠ #+ĹŠ#2/#!3;!4+.Ä“
Beh[dpe''$ FWjh_W Dk[lW i_]k[ YecWd# ZWdZebWjWXbWZ[fei_Y_ed[i"Yed '&fkdjei1i[]k_Zefeh9WjŒb_YW oPedWH‡eioDk[lei>eh_ped# j[i" .1 7jbƒj_Ye IWd Beh[dpe o CWYWh|"-1JWcX_bbeoBWiC[h# Y[Z[i",fkdjei$ ;d bW fhe]hWcWY_Œd `k]W# Zeh[i Z[ bWi YWj[]eh‡Wi IkX#', bWdpWhedfWbWXhWieXiY[dWi[d YedjhWZ[bei|hX_jhei[_hh[if[# jWhedWbWiZWcWigk[bb[dWdbWi fbWd_bbWi$ ;dbefeij[h_ehi[Z[X[[l_jWh gk[ bei `k]WZeh[i i[ WY[hgk[d W bW c[iW Z[ Yedjheb o b_c_jWh [b d‘c[he Z[ f[hiedWi gk[ i[ kX_YWd [d bW XWdYW Z[ ikfb[d# j[ifWhWYedjhebWhbWZ_iY_fb_dW Z[ WZeb[iY[dj[i o `Œl[d[i gk[ Wfhel[Y^Wd Z[b Z[fehj[ fWhW ZWhh_[dZWiik[bjWiWikicWbei ^|X_jei$
Ĺ—ĹŠĹŠ
ĹŠ2#73 ĹŠ$#!' ĹŠ"#+ĹŠ! ,/#.- 3.ĹŠ2#ĹŠ )4% 1;ĹŠ#+ĹŠ".,(-%.ĹŠÄˆÄ‰ĹŠ"#ĹŠ"(!(#, 1#ĔŊ #+ĹŠ3.1-#.ĹŠ2#ĹŠ/ 1 +(9 1;ĹŠ/.1ĹŠ".2ĹŠ2#Äą , - 2ĔŊ!.-2("#1 -".ĹŠ04#ĹŠ#23#ĹŠÄƒĹŠ-ĹŠ"#ĹŠ 2#, - ĹŠ#23;ĹŠ/1#5(23 ĹŠ+ ĹŠ1# +(9 !(¢-ĹŠ "#+ĹŠ!#-2.ĹŠ"#ĹŠ/. + !(¢-ĹŠ8ĹŠ5(5(#-" ĹŠ 8ĹŠ#-ĹŠ#+ĹŠ/1¢7(,.ĹŠ2#ĹŠ1# +(9 1;-ĹŠ+ 2ĹŠ $#23(5(" "#2ĹŠ"#ĹŠ+ ĹŠ/ 11.04( Ä“
.2Ŋ/ 13(".2Ŋ"#Ŋ+ Ŋ/1¢7(, Ŋ$#!' Ŋ 2.-ĖŊ Ŋ+ 2ŊćĒĖĊćĔŊ +#1(3 Ŋ52ēŊ4#5 Ŋ
45#-34"Ä—ĹŠ ĹŠ+ 2ĹŠÄˆÄˆÄ–ÄŠÄ‡Ä”ĹŠ# 1.+ĹŠ52Ä“ĹŠ '~ ĹŠ"#ĹŠ.-!'(%Ă•#Ä—ĹŠ ĹŠ+ 2ĹŠÄˆÄŠÄ–ÄŠÄ‡Ä”ĹŠ Äą ! 1;ĹŠ52Ä“ĹŠ23#1.ĹŠ-!'.ĔŊ8ĹŠ ĹŠ+ 2ĹŠÄˆÄŽÄ–ÄŠÄ‡Ä”ĹŠ ÄĽ#-#1 !(¢-ŊĉćććČŊ52Ä“ĹŠ3+_3(!.ĹŠ .-!'(%Ă•#Ä“
7jbƒj_YeJedY^_]”["'&fkdjei1 /fkdjeibb[lWd";ij[he7dY^e" Dk[lW@kl[djkZ"8W^‡WZ[Jed# Y^_]”[o8[hdWXƒ1CWYWh|oĂˆ=[# d[hWY_ÂŒd (&&&É" j_[d[d - kd_# ZWZ[i1=Wb[h_jW*"o9[dj[dWh_e" Y[hefkdjei$
Ăľĉ Ä ÄƒÄ‰Ä‚Ä‚ !#Ĺ?.%!*Ä‹
Ä“ĹŠ#11 " ĹŠ#2ĹŠ+ ĹŠ"(2/43 ĹŠ/.1ĹŠ+.2ĹŠ/4-3.2ĹŠ#-ĹŠ#+ĹŠ! ,/#.- 3.ĹŠ"#ĹŠ +.-!#23.ĹŠ 4 ĹŠÄąĹŠÄˆÄ?ĔŊ04#ĹŠ2#ĹŠ)4#% ĹŠ#-ĹŠ -ĹŠ .1#-9.Ä“
7 āĀ
"1( -(3 ũ$#23#)¢ 24ũ/1(,#1ũ (3.
Ăĉŏŏ ŏŏĂĀāĀ
ŏ+. ŏ
) ŋ &ŋ ,#)ŋ ŋ-/-ŋ'#!/#.)-ŋ3ŋ '#&#, -ŋ'6-ŋ ,Ě ()-ąŋ ,#(#.ŋ- ) ,ŋ&& $)ŋ & ,ŋ-/ŋ)ŋ ŋ0# Ąŋ /-ŋ),!/&&)-ŋ* , -Ćŋ ,#(ŋ&& $)ŋ ŋ- ) ,ŋ3ŋ3,)(ŋ - ) ,ąŋ ,,) ",)(ŋ& !,vŋ3ŋ (./-#-')ŋ&ŋ & ,,ŋ -. ŋ !,(ŋ )(. #'# (.)Ąŋ&ŋ -. $)ŋ- ŋ, ŋ (ŋ &ŋ (.,)ŋ ŋ #0 ,-#(ŋĒ"#+/#ŋ))(ēąŋ&/!,ŋ+/ ŋ -./0)ŋ ), )ŋ )(ŋ !&) )-ŋ ŋ )&), -ŋ0#0)-Ą
(5( - ũ ++#).Ĕũ23#$ -~ ũ-"1 "#Ĕũ"1( - ũ ++#).ũ"#ũ2!. 1Ĕũ81.-ũ2!. 1Ĕũ"1( -(3 ũ2!. 1ũĸ!4,/+# #1 ĹĔũ .,_-(! ũ#1-;-"#9ũ8ũ^,(+8ũ-"1 "#ē #1+8ũ 11#94#3 Ĕũ-"1# ũ1#2/.Ĕũ ("ũ 41(++.ũ8ũ+(9 #3'ũ. 1ē
1(47(ũ 231#Ĕũ 1~ ũ#+_-ũ!'(+(#Ĕũ .41"#2ũ+!~5 1ũ8ũ1(2ũ 3#-3 ũ ũ-4#231.ũ+#-3#ũ#2345.ũ+ ũ/#04# ũ (1 ũ +#-3(- ũ #"# .ē + 9 1ē
.(+ ũ"#ũ ++#).Ĕũ1-#23.ũ234/( ;-ũ 1ēĔũ 1(39 ũ (9 1#2Ĕũ^,(+8ũ234/( ;-ũ8ũ (+5( ũ#"# .ē
.,#-3.2ũ +#%1#2
&ŋ (./-#-')ŋ ŋ&)-ŋ* +/ #( -ŋ -./0)ŋŋ&ŋ ), (ŋ &ŋ vŋ /,(. ŋ0,#)-ŋ )'*,)'#-)-ŋ -) #& -ŋ+/ ŋ./0# ,)(ŋ /,(. ŋ&ŋ- '(Ą ,(+ ũ_1#9ũ11.8.ũ$4#ũ/1.!+ , " ũ!.,.ũĥ( ũ"4ı ! !(¢-ũ8ũ4+341 Ħũ"#ũ+ ũ#2!4#+ ũ/ 13(!4+ 1ũĥ-#2!.Ħē
^1(* ũ 9,( .Ĕũ ,,8ũ 4 .9Ĕũ _+ -(#ũ 4- Ĕũ1(%%(33#ũ #9 2ũ8ũ- ũ .+ ũ 1. .ē
486 / RA
HORA DIARIO LA IT A
TE INV NCIERTO AL ÚLTIMO CO A DE TEMPORAD
BIA DESDE COLOM HE EL GRUPO NIC S RICHIE VALDE & ORQUESTA.
Nombre: C.I. No.: E-mail:
Telef.:
SOLO TIENES QUE LLENAR TUS DATOS Y PARTICIPA EN EL SORTEO DE 40 ENTRADAS ESTE 15 DE DICIEMBRE . DEPOSITA TUS CUPONES EN LAS OFICINAS DEL DIARIO LA HORA O EN LOS PUNTOS DE VENTAS.
#˜)-Ĺ‹ ')-.,,)(Ĺ‹-/ )() #'# (.)-Ĺ‹.,# /.,#)23#ĹŠ#2ĹŠ#+ĹŠ/1(,#1ĹŠ !.-!412.ĹŠ(-3#1#2Äą !.+ 1ĹŠ#-ĹŠ+ ĹŠ/1.5(-Äą !( ĹŠ8ĹŠ2#1;ĹŠ(-23(34Äą !(.- +(9 ".Ä“
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ä Ä
#+#!!(¢8Ŋ!.-5#-(. ŗŊŊ
#.- 1 ĹŠ."1~%4#9ĔŊ1#2/.-2 +#ĹŠ "#+ĹŠ/1.%1 , ĔŊ, -($#23¢Ŋ04#ĹŠ#++.2ĹŠ $4#1.-ĹŠ#2!.%(".2ĹŠ"#ĹŠ4- ĹŠ2#+#!Äą !(¢-ĹŠ/1#5( ĹŠ#5 +4 !(¢-ĹŠ"#ĹŠ#-31#ĹŠÄˆÄ‡ĹŠ #2!4#+ 2ĹŠ04#ĹŠ !#/3 1.-ĹŠ+ ĹŠ(-5(3 !(¢-ĹŠ "#ĹŠ#-31#ĹŠÄŠÄ?ĹŠ04#ĹŠ$4#1.-ĹŠ/ 13#ĹŠ"#+ĹŠ2(2Äą 3#, ĹŠ#"4! 3(5.ĹŠÄĽ4+341 ĹŠ31( 43 1( ÄŚĹŠ "41 -3#ĹŠ#+ĹŠ  .ĹŠ+#!3(5.ĹŠ5(%#-3#Ä“ +ĹŠ31 ).ĹŠ04#ĹŠ2#ĹŠ1# +(9¢Ŋ#-ĹŠ+ ĹŠ /1.5(-!( ĹŠ2. 1#ĹŠ#23#ĹŠ3#, ĹŠ$4#ĹŠ!..1Äą "(- ".ĹŠ!.-ĹŠ+ ĹŠ(1#!!(¢-ĹŠ1.5(-!( +ĹŠ"#ĹŠ "4! !(¢-ĔŊ/.1ĹŠ#7(23(1ĹŠ4-ĹŠ!.-5#-(.ĹŠ (-3#1(-23(34!(.- +ĹŠ/ 1 ĹŠ! / !(3 1ĹŠ ĹŠ+.2ĹŠ #234"( -3#2ĹŠ"#ĹŠ !'(++#1 3.ĹŠ8ĹŠ ;2(! ĹŠ #-ĹŠ3#, 2ĹŠ31( 43 1(.2Ä“
BW_dj[hWYj_l_ZWZYedbWgk[i[^W# Y‡Wdbei`k[]eib‘Z_Yei"gk[[hWd Yecfb[c[djWZeiYedbWifhk[XWi Z[ YedeY_c_[djei" \k[ bW \ehcW Z[^WY[h[bYedYkhie_dj[h[iYebWh Ăˆ7fh[dZ[hWjh_XkjWhÉeh]Wd_pWZe feh[bI[hl_Y_eZ[H[djWi?dj[hdWi IH? Z[;ic[hWbZWi$ BWi XWhhWi Z[ YWZW fbWdj[b [ZkYWj_le fWhj_Y_fWdj[ ^WY‡Wd h[jkcXWh[bYeb_i[eZ[bYeb[]_e kj_b_pWXW kd ]hWd ZWZe" ĂˆIW]hWZe9ehWpÂŒdÉZedZ[ WZ[c|i" Z[b YhkY_]hWcW i[h[Wb_pÂŒ[ij[WYje"YedbW oZ[bWifhk[XWiZ[Yede# fh[i[dY_WZ[bWi[iYk[bWi Y_c_[djeiYecebWc[dj[ Ăˆ8[j^[bÉ"Ăˆ9[djhe?dj[]hWb c|ih|f_ZW"gk[jkl_[hed ?d\Wdj_bÉoĂˆ'&Z[7]eijeÉ" ĹŠ gk[fWiWh$ Z[ ;ic[hWbZWi" o Ăˆ) Z[ / 13(!(/ 1.-ĹŠ#-ĹŠ @kb_eÉ" Z[ Gk_d_dZƒ" Yed #+ĹŠ!.-!412.Ä“ [ijkZ_Wdj[i Z[ i[njei o 1#,(.2 iƒfj_ceiW‹eiZ[[ZkYW# FWhW xl[b_d 9e[bbe" [i# Y_ÂŒdX|i_YW$ jkZ_Wdj[ Z[ iƒfj_ce Z[ Äą ĔŊ ;d [b YedYkhie WY# bW[iYk[bWĂˆ)Z[@kb_eÉ"Z[ .!'.ĹŠ"#ĹŠ2#73.2ĹŠ8ĹŠ jkWXWdYkWjhed_‹eifeh .!'.ĹŠ"#ĹŠ2_/3(,.Ä“ Gk_d_dZƒ"Z[[ijW\ehcW YWZW [ijWXb[Y_c_[dje" [i cko \|Y_b Wfh[dZ[h" gk_[d[i i[ Z[i[dleb# fehbegk[Wi[]khÂŒiWX[h l‡Wd [d [b cedefeb_e jh_XkjW# fehgkƒ[i_cfehjWdj[fW]Whjh_# h_e]_]Wdj[ZedZ[i[cel‡WdZ[ Xkjei"fehgk[Z_Y["gk[[ieZ[# WYk[hZeYedbWĂ’Y^WkdWl[pgk[ ck[ijhWYk|djekde[ih[ifed#
Č
ĈÄ?
Ŋ -Ŋ!4+341 Ŋ31( 4Ĺ 3 1( ĔŊ+.2Ŋ"#Ŋ !'(++#1 3.Ŋ!4+Ĺ ,(- 1.-Ŋ24Ŋ/1.Ĺ !#2.Ŋ!.-Ŋ4- Ŋ ! 2 Ŋ (#13 Ŋ#+Ŋ / 2 ".Ŋ2#/3(#,Ĺ 1#ē
Ä“ĹŠ 2ĹŠ#2!4#+ 2ĹŠ2#ĹŠ("#-3(ÄƒĹŠ! -ĹŠ/.1ĹŠ#+ĹŠ!.+.1ĹŠ"#ĹŠ242ĹŠ! ,(2#3 2ĹŠ#-31#% " 2ĹŠ/.1ĹŠ+.2ĹŠ.1% -(9 ".1#2ĹŠ"#+ĹŠ!.-!412.Ä“
iWXb["fkdjkWbo^ed[ijeYed[b fW‡i$ AWjjoJW\kh"ZeY[dj[Z[bW[i# Yk[bWĂˆ8[j^[bÉ"Z_`egk[[ij[j_fe Z[ _d\ehcWY_ÂŒd Wb bb[]Wh W bei d_‹eibei^Wh|Xk[deiYedjh_Xk# o[dj[i" gk_[d[i W ik l[p i[h|d
h[fb_YWZeh[i [d iki ^e]Wh[i be gk[WokZWh|_dZ_h[YjWc[dj[[d [bfheY[ie$ ;d[ij[YedYkhiejeZeibb[# lWhed fh[c_ei0 fWhW [b fh_# c[h bk]Wh kd YecfkjWZeh1 [b i[]kdZe" kd i_ij[cW Z[ Wc#
fb_Ă’YWY_ÂŒd fWhW bW [iYk[bW1 [b j[hY[h fk[ije" kdW _cfh[iehW ckbj_\kdY_ÂŒd"okdWf_pWhhWZ[ j_pWb‡gk_ZWfWhW[bYkWhjebk# ]Wh"WZ[c|iZ[bf[dZh_l[okdW c[ZWbbW gk[ h[Y_X_[hed jeZei beiYedYkhiWdj[i$
/&'#(šŋ ),' #š( Ĺ‹*,)').), Bk[]e Z[ (, c[i[i gk[ i[ Z[# iWhhebbÂŒ [b i[]kdZe Ykhie Z[ \ehcWY_ÂŒd Z[ fhecejeh[i [d ][ij_ÂŒdYeckd_jWh_W[dIWdBe# h[dpe" Ykbc_dÂŒ Yed bW c[jW Z[ h[Wb_pWh kd \ehe _dj[h_dij_jk# Y_edWbZ[Yecfhec_ieZ[_dj[h# l[dY_ÂŒd ieY_Wb fWhW Z_Y_[cXh[ fhÂŒn_ce$ ;ije \k[ _cfkbiWZe feh bW <kdZWY_ÂŒdIeb_ZWh_ZWZ>kcW# dWZ[bI[Yh[jWh_WZeZ[FWijehWb IeY_Wb Z[b L_YWh_Wje 7feijÂŒb_# Ye Z[ ;ic[hWbZWi" W jhWlƒi Z[ kd Yedl[d_e Z[ Yeef[hWY_ÂŒd o Wfeoe ckjke Yed bW <WYkbjWZ Z[9_[dY_WiIeY_Wb[io;ijkZ_ei Z[b:[iWhhebbeZ[bWKd_l[hi_ZWZ ĂˆBk_ilWh]WiJehh[iÉ$ ;d[bWYjei[[nfkie[bjhWXW`e gk[i[h[Wb_pÂŒYed(&eh]Wd_pW# Y_ed[i Yeckd_jWh_Wi" \eYWb_pW#
Zei[dfWhhegk_WihkhWb[iYece JWcX_bbe"FWbcWhh[Wb"H_YWkhj[" IWdjWH_jWo9WkY^Wb$
.%1.2
<hWdY_iYe I|dY^[p OWiYWh_XWo" Z_h[Yjeh Z[ FbWd_Ă’YWY_ÂŒd Z[ bW I[Yh[jWh‡WZ[bWFWijehWbIeY_Wb" _d\ehcÂŒgk[Z[djheZ[[ij[fhe# Y[iei[[bWXehWhedYkWjhe[ijk# Z_eiZ[bWh[Wb_ZWZieY_e[YedÂŒ# c_YW Z[ [ijei i[Yjeh[i" be gk[ _dYbko[ YedZ_Y_ed[i Z[ l_ZW" fheZkYY_ÂŒd"[ZkYWY_ÂŒd"iWbkZo WcX_[dj[$ :[ WYk[hZe Yed [ije" [d bW fhÂŒn_cWh[kd_ÂŒdbegk[i[Xki# YW [i [ijWXb[Y[h gk_ƒd[i lWd W jhWXW`Wh [d bWi |h[Wi gk[ c|i d[Y[i_jWdbWifeXbWY_ed[i_dYbk_# ZWi[d[ij[fheY[ieYeceiedbWi fheXb[c|j_YWi Z[ W]kW" iWd[W#
Ä“ĹŠ+1#"#".1ĹŠ"#ŊĉĎŊ/#12.- 2ĹŠ1#!( (#1.-ĹŠ242ĹŠ!#13(ÄƒĹŠ! ".2ĹŠ"#ĹŠÄĽ1.,.3.1#2ĹŠ#-ĹŠ%#23(¢-ĹŠ!.,4-(3 1( ÄŚÄ“
c_[djeWcX_[djWb"YedijhkYY_ÂŒd Z[YWiWi"iWbkZ$ 7Z[c|i" [djh[ bei be]hei
Yedi[]k_Zei i[ Yh[Œ [b :[# fWhjWc[dje Z[ bW @kl[djkZ" [b 9edi[`e9WdjedWbZ[bWD_‹[po
7Zeb[iY[dY_W"bWH[ZZ[<WY_b_jW# Zej[ifWhW[b\ehjWb[Y_c_[djeZ[ bW_Z[dj_ZWZYkbjkhWb$
) ,(vĹ‹&#' (.,#Ĺ‹*,)'/ 0 Ĺ‹*,) / .#0# BW I[Yh[jWh‡W Z[ Fk[Xbei o FWhj_Y_fWY_ÂŒd 9_kZWZWdW [ij| ieY_Wb_pWdZeYedbWY_kZWZWd‡W [d][d[hWbbWB[oEh]|d_YWZ[b Hƒ]_c[dZ[IeX[hWd‡W7b_c[d# jWh_W" ZedZ[ i[ fheck[l[d bei
WYY[ieiWbei\WYjeh[iZ[fheZkY# Y_ÂŒdWb_c[djWh_W$ 7Z[c|i"WYY[ieWbW]kWoWbW j_[hhW"fhej[YY_ÂŒdZ[bW]he"X_eZ_# l[hi_ZWZ"Yec[hY_Wb_pWY_ÂŒdW]heW# b_c[djWh_W" \ec[dje W bW c_Yhe"
f[gk[‹Woc[Z_WdW\WXh_YWY_Œd W]he[YebŒ]_YW o eh]|d_YW" b[o[i Z[\ec[djeWbWfheZkYY_Œd$ ;d[ij[ZeYkc[djei[[d\Wj_pW [d[bWhj‡Ykbe(.'Z[bW9edij_jk# Y_ŒdZ[bWH[f‘Xb_YWZ[b;YkWZeh"
fWhWgk[bei[YkWjeh_Wdei^W]Wd [`[hY[h ik Z[h[Y^e c[Z_Wdj[ bW Wfb_YWY_ÂŒdZ[feb‡j_YWi_dj[]hWb[i$ ;d[ij[YWf‡jkbei[[ijWXb[Y[gk[ bWĂˆIeX[hWd‡W7b_c[djWh_WYedij_# jko[kdeX`[j_le[ijhWjƒ]_YeokdW
eXb_]WY_ÂŒdZ[b;ijWZefWhW]WhWdj_# pWhgk[bWif[hiedWi"Yeckd_ZWZ[i" fk[XbeiodWY_edWb_ZWZ[iWbYWdY[d bWWkjeikĂ’Y_[dY_WZ[Wb_c[djeiiW# deioYkbjkhWbc[dj[Wfhef_WZeiZ[ \ehcWf[hcWd[dj[É$
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
:;(&&c 9ED 9EDIJHK99?âD" 9ED;I9H?JKH7I 7:EI9K7:H7I:; B7FB7O7"I;9JEH JEDIKF7 66276-DR (
J;B<$0&.-/&...*% (-(&#-+'
:;EFEHJKD?:7: ĹŠĹŠĹŠĹŠ ĹŠ ĹŠ ĹŠ ĹŠĹŠ ĔŊŊ ĹŠ ĹŠ}ŊĔŊ ĹŠ ^ĹŠ ĔŊ ĹŠĹŠ ĹŠ Ä“ Ä“Ä–ĹŠ ĹŠÄˆÄˆÄąÄ‰ÄˆĹŠĹŠ ĹŠ ĹŠ ĹŠÂ&#x; ĹŠ ĹŠ ÂĄ ēĖŊĉÄ?ĉÄ?ÄąÄ‘Ä‘ÄˆĹŠÄľĹŠÄ‡Ä’Ä‘ÄŠÄ‘Ä‰ÄŠÄ?ĉ ĹŠĹŠ ĹŠĹŠ ĹŠ ĹŠ ÂĄ 66208-DR
L;D:E L;D:E 66290-DR
BEJ;7B<?BE DK;L7:;B7LĂž7 ;DB7?IB7FH7:E" F7H7;CFH;I7I" 8E:;=7I;J9 ?D<EHC;0&/(+,,.'- %&/-+,*()*
66289-DR
:EI<?D97I;D CK?ID;"I7D =H;=EH?E" JH;ILĂž7I$ ?D<EHC;0&/(+,,.'- %&/-+,*()* --*)'&;I
L;D:E<?D97 66355-DR
;DB7F7HHEGK?7 J78?7PE .&>;9JÛH;7I'+:; 8EBB7(+:;F7IJE7 )AC:;B797HH;J;H7 FH?D9?F7BO>7O 97HH;J;H7>7IJ7 B7<?D97 BB7C7H7BJ;B<$0 &/')(&,,(%&,(-+)#''& IEBE?DJ;H;I7:EI
ÂĄĹŠ ĹŠ
ĈÄ?ćŊ ĹŠ ĹŠĹŠ ĹŠ ÄĄ ĹŠ ĹŠ ĹŠ Ģ
9EDJÛ9J7DEI &,(-('#&&/%&.*)-+'-'% &.&&,''', 65975-RP
9ECFH7L;DJ7 ;9K7:EH BeYWbh[ceZ[bWZeoXb_d# ZWZefWhWXh_dZWhb[cWoeh i[]kh_ZWZYecfhWceio l[dZ[cei`eoWio[b[Yjhe# Zecƒij_YeYedfWYje Z[h[jhel[djW$ L[d]WfWhWj[d[h[b ]kijeZ[Wj[dZ[hbe
63873-DR
:_h0C[`_W*&.[djh[9ebÂŒdoEbc[Ze
ĊĔććŊ:ĹŠĹŠĹŠĹŠ ĔŊŊĎćŊ ĹŠĹŠ ĹŠ ĹŠĹŠ ĹŠ ĹŠĹŠ ĔŊŊŊ Ä“ĹŠ ĹŠ ¥ĔŊ ĹŠ ĔŊŊŊŊŊ ĔŊŊ ĹŠ ĹŠ ĹŠ ĹŠ Ä“ĹŠĹŠ ĹŠ ĹŠĹžĹŠĹŒÄŒÄŽÄ“Ä‡Ä‡Ä‡Ä—ĹŠ ĹŠĹŠÄ–ĹŠ ĹŒÄŠÄ‡Ä“Ä‡Ä‡Ä‡ĹŠĹŠĹŠ ĹŠĹŒÄˆÄŽÄ“Ä‡Ä‡Ä‡ĹŠ ĹŠĹŠĹŠ ĹŠ ĹŠ ēĖŊćĒĉÄ?ĊĈćĎĒ Ä‡Ä‘ÄˆÄ‡Ä‡Ä‘ÄŒÄŒÄ’ĹŠÄąĹŠÄ‡Ä‘Ä‡ÄŠÄŽÄ?ÄŒÄˆÄŠĹŠÄąĹŠÄ‡Ä?ĉÄ?ćĊĈÄ?ĉŊ
ĹŠĂ‹ ĹŠ
NO LEA ESTO VENDO EQUIPO DE AUDIO
I;7BGK?B7
Ŋ ŊŊ Ŋ ŊŊ Ŋ Ŋ ŊĒćĒŊ ŊĒŊŊ Ŋ Ŋ ŊŊ Ŋ Ŋĥ Ŋ Ģ Ŋ ŊŊ 66268-DR
J;B<$0&/((''+(& 66186-DR
I;7BGK?B7 BE97B9EC;H9?7B :;'&N'- :?H$0LĂž77J797C;I :?7=ED7B7B7 A?7CEJEHI FH;=KDJ7HFEHB7 IHJ7$:?7D7B;CEI J7BB;H:;7BKC?D?E OL?:H?E J;B<$0&/-+.)''.%(-&'#&((
BE97B9EC;H9?7B ;DFB;DEH;:ED:;B :;9E:;I7"F7H7 7I7:;HEI:;FEBBEI" J?;D:7I"L;DJ7:; H;FK;IJEI:;*:; <H;DJ;N'.C;JHEI
?D<EHC;0&/(+,,.'- %&/-+,*()* 66288-DR
Atraigo y ligo de por vida al ser que tanto amas en 12 horas de trabajo en el espejo viselado, el o ella caerĂĄ rendido a tus pies.
Ĺ´
, - Ĺ´ (/2 Ĺ´"$,5, 2Ĺ´Ä’Ä?Ä?ĚĔĕĒĚĕ
)(& *. &%!%" ""#,.#'*+#, /#(- , &*)+' 0)+0'#()+ #&$
1
FELIZ CUMPLEAĂ‘OS SEĂ‘OR JESĂšS
VENDO
ĹŠ ĹŠĹŠ ĹŠ ĹŠ ĹŠĹŠ ĹŠĹŠ Ä“ :Ä–ĹŠ ĔŊ ĔŊ ÂĄĹŠĹŠ ĹŠ ĔŊ ĹŠĹŠĹŠÄŒÄˆÄˆÄ‡ĹŠ ĹŠ ĹŠ ^ ĹŠ ĹŠÄŽĹŠĹŠ ĹŠ ĹŠ ĹŠÄˆÄ‘Ä–Ä‡Ä‡ 65788-DR
30 VACAS GIR HOLANDO preĂąadas de 7 x 8 meses promedio 12 litros van a su primer parto Telf: 089341894 142945/mig
TECNICOMERCIO
CRISTOPHER ROY EXPERTO EN AMARRES DE AMOR
FACILIDAD PARA COMPRAR, COMODIDAD PARA PAGAR
AQUĂ? YA VIVIMOS LA NAVIDAD .-%#+ ".1#2 Ä‰Ä”Ä‡Ä‡ĹŒĹŠ"( 1(.2 ÄˆÄŒÄ”Ä‡Ä‡ĹŒĹŠ2#, - +#2
ŊĊĉĢ Ä‰Ä”Ä‡Ä‡ĹŒĹŠ"( 1(.2 ÄˆÄ‘Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2
Amarres y pactos de amor al instante. Te encuentras desesperado, triste, amargado, sufriendo, llorando, ya no quieres vivir porque el ser que amas te desprecia, te humilla, te rechaza, esta indiferente, no quieres saber nada de ti o ya te abandonĂł, realizo trabajos con magia blanca y roja o un poderoso pacto oculto para que ese ser amado regrese al instante, humillado, arrastrado, comprensivo, sumiso, harĂĄ lo que tu digas, pidas o desees y nunca nada ni nadie los separarĂĄ. Solo trĂĄigame foto, prenda o nombre y lo realizarĂŠ delante de tus ojos. Curamos daĂąos, brujerĂas, salamientos, vicios impotencias sexuales y enfermedades raras, no mĂĄs lĂĄgrimas, no mĂĄs sufrimientos nomas engaĂąos.
VISĂ?TAME O LLĂ MAME: SEPARA TU CONSULTA
097965956 / 098170105
--*-'&IG
NO LEA ESTO
VENDO EQUIPO DE BUCEO
.,/43 ".1 2 ÄŠÄ”Ä‡Ä‡ĹŒĹŠ"( 1(.2 Ä‰ÄˆÄ”Ä‡Ä‡ĹŒĹŠ2#, - +#2
4#%.ĹŠ"#ĹŠ2 + Ä‰Ä”Ä‡Ä‡ĹŒĹŠ"( 1(.2 ĈÄ?Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2 LLEVA TU OBSEQUIO POR CADA COMPRA
TU ELIGES LA FORMA DE PAGO
VITILIGO - PSORIASIS - HERPES SI TIENEN CURACIĂ“N Nuevo medicamento cubano para la cura del VITILIGO (Biopla) en Santo Domingo ClĂnica Cubana Especialista piel 022 743 509 / 097 668 822 099 719 091
ĹŠ
ĹŠ
ĉÄ?ÄˆÄ‰ÄŠÄ’ÄŠĹŠÄąĹŠÄ‘Ä‡Ä’ÄˆÄ?Čĉđ
ĹŠ
ĹŠ
ĉÄ?ÄˆÄ‰ÄŠÄ’ÄŠĹŠÄąĹŠÄ‘Ä‡Ä’ÄˆÄ?Čĉđ
DIR.: COLĂ“N ENTRE SALINAS Y RICAURTE 65847-DR
www.vitiligo.com.ec
L;D:E9O8;H
ĹŠ
TECNICOMERCIO
TECNICOMERCIO
AQUĂ? YA VIVIMOS LA NAVIDAD
AQUĂ? YA VIVIMOS LA NAVIDAD
66306-DR
7BGK?BE
Ĺ´ Ĺ´Ĺ´
J[b[\$0(-(---/
--*-(&IG
DE OPORTUNIDAD VENDO
CRISTIAN
142101/sh
L;D:E J;HH;DE
/mig
ĹŠ}
143090/gf
Ä Ä‚
9EDC7GK?D7IF7H7 ?DJ;HD;J"978?D7I J;B;<âD?97I"9;DJHE :;9EF?7:E";GK?FEI F7H7:?I;yE=H7<?9E C7OEH?D<EHC; &/&-.,+,) :?H$0'&:;7=EIJE(&#() OEBC;:E
ĹŠ Â&#x;ĹŠ ĹŠ ĹŊ .+"41 2ĹŠĹŠ"#ĹŠ8#2. ĹŊ(2.2ĹŠ"#ĹŠ/ 104#3ĹŠĹŠ8ĹŠ, "#1 ĹŊ -23 + !(.-#2ĹŠĹŠ+_!31(! 2 ĹŊ 2! " 2ĔŊ/(2!(- 2ĹŠ ĹŊ+4,(-(.ĹŠ8ĹŠ5("1(.ĹŠ ĹŊ 11#"#1 2ĹŠ"#ĹŠ, "#1 ĹŠĹŠ ĹŠ ĹŠ (2~3#-.2ĹŠ#-ĹŠ666Ä“ , 1(++ 2(-3#1-#3Ä“ !.,Äľ+ 5 2* #+_$.-.2ĹŊćĉĉĹÄ?ÄŽÄŠÄŒÄ‰Ä‡ĹŠ8ĹŠ ćĒĊĒÄ?ĎĒćÄ? 2627-DR
ĹŠ ĹŠĹŠ ĹŠ ĹŠ ÂĄĹŠ:
ĹŠÄ‰Ä‡ÄˆÄˆ
ěŊ Ŋ ŊŊ ē ěŊ Ŋ ŊĖŊ ĔŊĔŊ ĔŊ ŊŊŊ Ŋĸ ĚĔŊ ĔŊĔŊŊĸ7ĚĔŊ ŊŊŊ Ŋĸ7ĚĔŊĔŊ ěŊ ŊŊŊŊŊ ē ěŊ ŊŊŊ ŊŊ ē XXXX-DR
ĹŠ ĹŠ ĹŠ ĹŠĹŠ ĹŠ ĹŠ ĖŊĉÄ?Ä‡ÄŽÄąÄ‰ÄŒÄ‡ĹŠÄľĹŠÄ‡Ä‘Ä’ÄˆÄ‰Ä‰ÄˆÄ?ĉ
FACILIDAD PARA COMPRAR, COMODIDAD PARA PAGAR
FACILIDAD PARA COMPRAR, COMODIDAD PARA PAGAR
, 2 ÄˆÄ”Ä‡Ä‡ĹŒĹŠ"( 1(.2 Ä?Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2
(3#1 ÄˆÄ”ÄˆÄŽĹŒĹŠ"( 1(.2 Ä‘Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2
5Ä“ĹŠÄ‰ÄˆÄ˘ ćĔĒćĹ?ĹŠ"( 1(.2 Ä?Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2 04(/.2ĹŠ"#ĹŠ2.-(". Ä‰Ä”Ä‡Ä‡ĹŒĹŠ"( 1(.2 ÄˆÄŒÄ”Ä‡Ä‡ĹŒĹŠ2#, - +#2
.+!'¢ćĔÄ?ćĹ?ĹŠ"( 1(.2 ÄŽÄ”Ä‡Ä‡ĹŒĹŠ2#, - +#2
#5#1 2 ĈĔÄ?Ä‡ĹŒĹŠ"( 1(.2 ÄˆÄˆÄ”Ä‡Ä‡ĹŒĹŠ2#, - +#2 .!(- 2 ÄˆÄ”Ä‡Ä‡ĹŒĹŠ"( 1(.2 Ä?Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2
4#%.ĹŠ"#ĹŠ!.,#".1 ÄˆÄ”Ä‡Ä‡ĹŒĹŠ"( 1(.2 Ä?Ä”Ä‡Ä‡ĹŒĹŠ2#, - +#2 LLEVA TU OBSEQUIO POR CADA COMPRA
TU ELIGES LA FORMA DE PAGO DIR.: COLĂ“N ENTRE SALINAS Y RICAURTE
66036-DR
LLEVA TU OBSEQUIO POR CADA COMPRA
TU ELIGES LA FORMA DE PAGO
DIR.: COLĂ“N ENTRE SALINAS Y RICAURTE 66049-DR
9?7$FK8B?9?J7H?7
?D=;D?7
ÄŒÄšĹŠÂĄ ĹŠĹŠ ÄˆÄšĹŠĹŠĹŠĹŠ ĹŠĹŠĹŠĹŠĹŠĹŠ Ä“ ĹŠĹŠĹŠĹŠĹŠ ĹŠĹŠ ÂĄĹŠ ĹŠĹŠĹŠĹŠĹŠĹŠ ŊľŊ ĹŠ Ä“ ĉĚŊ ÂĄĹŠĹŠ RECUERDE QUE IMPRIMIMOS ĹŠĹŠĹŠĹŠĹŠ ĹŠĂ‹ GIGANTOGRAFĂ?AS Y ĹŠĹŠĹŠĹŠĹŠÂĄ Ä“ BORDAMOS TODAS SUS ĊĚŊ
ĹŠĹŠ PRENDAS -,0))$I8 ĹŠĹŠĹŠĹŠĹŠ ÂĄÄ“ :?H0C7DK;B797y?P7H;I;DJH;8EBĂžL7HOIK9H; J;B<$0(-'+#-*-
Ŋ ŊŊľŊ Ŋ Ŋ
Ŋ ŊŊľŊ Ŋ Ŋ
ĹŠ
Ä ĹŠ ĹŠ ĹŠĹŠ ĹŠÂ&#x;Ä&#x;
66250-DR
ĹŠĹŠ ĹŠ ^ ĹŠ ĹŠ ĹŠĹŠ ÂĄĹŠÄ– : ĔŊ ĔŊ }ĔŊ }ĔŊ : ĹŠ : Ä“ } ĔŊ ÂĄ ĔŊ ĹŠ ĔŊ ÂĄ ĹŠĹŠ Ä“ ÂĄĹŠ ĔŊ ÂĄĹŠ Ä“ ēĖŊćĒÄ?ÄŽÄ’Ä’ÄŒÄ?ĉ
Â&#x;ĹŠĹŠ ÄœĹŠĹŠ ĹŠĹŠĹŠĹŠ ĹŠĹŠ
ECUANIME: Imparcial, sereno, equitativo, justo.
66367
 .2Ŋ41!.2ĔŊ 4- ĔŊ 2 )#2ĔŊ #"4!!(¢-Ŋ"#Ŋ #"(" 2ĔŊ1#- )#2Ŋ
(-$;3(!.2ĔŊ#2(-3.7(! !(¢-Ŋ ¢-(! ĔŊ 11.3#1 /( ĔŊ#"(+45(.2ē
Ĺ´
D’ Patricia SPA
(1Ä“Ä–ĹŠ~ ĹŠ/1(-!(/ +ĹŠ."#2 ĹŠ"( %.- +ĹŠ ĹŠ+ ĹŠ$ 1, !( ĹŠ - ĹŠ - Ä“ (3 Ä“Ä–ĹŠÄ‡Ä’ÄŒÄŒÄˆÄ‡Ä‘ÄŒÄ?ŊľŊĉÄ?Ä‡ÄŠÄąÄˆÄˆÄ?
EDITAR: Imprimir y publicar un libro, periĂłdico o cualquier otra obra similar. EDIL: Miembro de un ayuntamiento o concejo municipal.
66309-DR
F7H7D?L;B I;9KD:7H?E
EFECTO DECLARATIVO: Valor simplemente determinativo de derechos existentes.
JE:7C7J;H?7 C7J;CÛJ?97I" GKÞC?97"8?EBE=Þ7" EJH7I$ œDEF?;H:7;B7yE
EFECTO: Consecuencia, resultado. Fin, propĂłsito, objetivo. ImpresiĂłn o mella. MercaderĂa. Valor o tĂtulo mercantil
J;B<$0&/'&)'&/'
ENCUBRIDOR: Quien, conociendo la conducta delictuosa del malhechor, le suministra, habitualmente, alojamiento, escondite o lugar de reuniĂłn; o le proporciona los medios para que se aproveche de los efectos del delito cometido; o le favorece, ocultando los instrumentos o pruebas materiales de la infracciĂłn, o inutilizando las seĂąales o huellas del delito, para evitar su represiĂłn; y el que, estando obligado, por razĂłn de su profesiĂłn, empleo, arte u oficio, a practicar el examen de las seĂąales o huellas del delito, o el esclarecimiento del acto punible, oculta o altera la verdad, con el propĂłsito de favorecer al delincuente. Respecto a infracciones aduaneras, el que conociendo la conducta delictiva de los infractores aduaneros, les favorece recibiendo u ocultando las mercaderĂas o los documentos que constituyen la infracciĂłn o la prueba material de la misma.
I;D;9;I?J7 I;yEH?J7
66275-DR
ĹŠ ĹŠĹŠ ĹŠ ĹŠ ĹŠĹŠĹŠ ĹŠÄ“ĹŠ ÂĄĹŠÄˆÄ‘ÄąÄ‡Ä?ĹŠ ĹŠÄ’ĹŠĹŠĹŠ ĹŠ ÄˆÄ‡ĹŠĹŠ ĹŠÄ’ĹŠ ĹŠĹŠÄˆÄ‰ĹŠ
}
H;C7JE8;BB7 CEJEJ7N? 66291-DR
VENDO FLAMANTE
66326
ĹŠ ĹŠĹŠ ĔŊ Äą ŊĉććŊ ĹŠÄŒĹŠ ĔŊ ŊŊĔŊ ĹŠĹŠ ?D<EHC;0&.+//,&',
JK9IED7yE(&&/ H;9EHH?:E )&$&&&AC '/$&&&$&& D;=E9?78B; J;B<$0&/(*+)/)&
ENCUBRIMIENTO: En el lenguaje ordinario se viene entendiendo por encubrimiento la acciĂłn de tapar u ocultar alguna cosa siendo sinĂłnimo de camuflar o disimular; sin embargo, en un sentido tĂŠcnico jurĂdico, el encubrimiento es el acto realizado por una persona, que sin tener participaciĂłn en un hecho delictivo cuya comisiĂłn conoce, bien auxiliĂĄndole para que se aprovechen de los efectos del delito, bien desarrollando una actividad de ocultamiento de los instrumentos y efectos del mismo, bien ayudando a los responsables del delito a eludir la acciĂłn de la Justicia ENCUMBRAMIENTO: ElevaciĂłn al poder pĂşblico o a otra alta dignidad. ExaltaciĂłn, ensalzamiento. ENCUMBRAR: Levantar en alto, alzar, elevar. designar para un puesto de gran responsabilidad.
ENDOGAMIA: ProhibiciĂłn de casarse fuera de un nĂşcleo social determinado. Casamiento entre personas que tienen un ascendiente comĂşn prĂłximo. SUCURSAL QUININDE
SUCURSAL QUININDE
#ĹŠ -4+ ĹŠ /.1ĹŠ /_1"(" ĹŠ "#ĹŠ ( 1#3 ĹŠ "#ĹŠ '.11.2ĹŠ !48.ĹŠ -ĂŒ,#1.ĹŠ "#ĹŠ !4#-3 ĹŠ #2ĹŠ ćĎĈćĈĈÄ?ÄŽÄ?ÄˆÄ”ĹŠ /#13#-#!(#-3#ĹŠ Ä–ĹŠ ĹŠ ĹŠ ĹŠ Ä“
#ĹŠ -4+ ĹŠ/.1ĹŠ/_1"(" ĹŠ"#ĹŠ ( 1#3 ĹŠ"#ĹŠ '.11.2ĹŠ!48.ĹŠ-ĂŒ,#1.ĹŠ"#ĹŠ!4#-3 ĹŠ #2ĹŠ Ä‡ÄŽÄˆÄ‡ÄˆÄ’Ä‡Ä‘ÄˆÄ‘Ä”ĹŠ /#13#-#!(Äą #-3#ĹŠ Ä–ĹŠ ĹŠ ĹŠ ĹŠ Ä“
7DKB79?ED
2653-DR
7DKB79?ED
ELEVAR: Subir, alzar. Levantar el nivel moral o intelectual. Dirigir a una autoridad o superior una peticiĂłn o trĂĄmite. ELOCUENCIA: Facultad de hablar o escribir de modo eficaz para deleitar y persuadir. Eficacia para persuadir y conmover, que tiene cualquier cosa capaz de dar a entender con viveza alguna cosa.
ELUDIR: Evitar o huir de algo. Hacer que no tenga efecto una cosa por medio de algĂşn artificio. ELUSIĂ“N DEL IMPUESTO: Es un comportamiento del obligado tributario con el fin de evitar o reducir el pago de un impuesto sin incurrir en una infracciĂłn tributaria (lo que constituirĂa una evasiĂłn fiscal), consistente en no realizar el hecho imponible, eludiĂŠndolo. EMANCIPACIĂ“N: AcciĂłn y efecto de sacar del poder de alguien. InstituciĂłn que da fin a la patria potestad. EMANCIPACIĂ“N JUDICIAL: La efectuada por sentencia del juez, si ambos padres incurrieren en uno o mĂĄs de los casos previstos por la ley.
G8I@<EK<1
G\ijfeXle`[XXfkiXgfi mˆeZlcfj[\]Xd`c`X#j\X\c gXi\ek\jZf gfi ZfejXe$ ^l`e`[X[fX]`e`[X[#kXekf \ecXjcˆe\XjXjZ\e[`\ek\ p [\jZ\e[`\ek\# Zfdf ZfcXk\iXc# gXi`\ek\# [\Y\ i\]\i`ij\j�cfXcjXofdXj$ Zlc`ef% 8cc\^X[f% @^lXc% J\d\aXek\%GXi\Z`[f%
G8I@K8I@JDF1 8Zk`kl[ \jkXkXc hl\ \jkX$ Yc\Z\lekiXkXd`\ekf`^lXc gXiXcfj[`]\i\ek\jZlckfj i\c`^`fjfj# :feZi\kX[f \e cX X[d`j`Â?e [\ jlj dXe`]\jkXZ`fe\jgi`mX[Xj pgÂ’Yc`ZXjp\eZfeZ\[\i `^lXc\j jlYm\eZ`fe\j X kf[fj f X ef Zfej`^eXi gi\jlgl\jkf f]`Z`Xc gXiX e`e^lef%
G8IC8D<EK8I@JDF1 ;fZki`eX f j`jk\dX hl\ YXjX \e \c GXicXd\ekf# \c Gf[\i C\^`jcXk`mf# \ `eZcljf \c ^fY`\ief [\c <jkX[f% I„^`d\e gfcˆk`$ Zf [fe[\ \c GXicXd\ekf \a\iZ\ `e]claf [\Z`j`mf \e cXm`[X^\e\iXc[\cgXˆjp jfYi\cfj[\d}jGf[\i\j G’Yc`Zfj%
G8IC8D<EKF1 Cfj Xlkfi\j# jl\c\e `e[`ZXi hl\ \c k„id`ef GXicXd\ekf gifZ\[\ [\ _XYcXi# gXicXi# gXicXd\e$ kXi f k\e\i gXicXd\ekf% ;\ „jk\ df[f cX \ogi\$ j`�e j\ `ejk`klZ`feXc`qX \e cX d\[`[X hl\ [`Z_f gXicXd\ekXi# j\ m\i`]`ZX Zfe Xii\^cf X Z`\ikXj i\^cXj gifZ\[`d\ekXc\j# ef \o\ekXj [\ ]fidXc$ `jdfj p Zfik\jˆXj# p j\ _XZ\ X[\d}j# \e cl^Xi$ \j X[\ZlX[fj hl\ j\ [\efd`eXe:}dXiXjgXi$ cXd\ekXi`Xj# \e leX jfcX f\emXi`Xj#[\df[fhl\ cX`ejk`klZ`feXc`qXZ`�e[\c gXicXd\ekXi#j\Zfigfi`qX \e cX `ejk`klZ`�e$ZfjX f \[`]`Z`f2 GXcXZ`f [\c :fe^i\jf# [\c J\eX[f# j\^’e\cj`jk\dXGfcˆk`Zf [\ZX[X<jkX[f% jXdYc\X C\^`jcXk`mX% <c gifg`f Gf[\i C\^`jcXk`mf% :fealekf [\ [`glkX[fj f j\eX[fi\j hl\ i\gi\j\e$ kXeXcXeXZ`�efXhl`„e cfj[\j`^eX#phl\[`jZl$ k\e f Xgil\YXe cXj c\p\j f cfj gi\Z\gkfj hl\ cXj jlgcXekXe%
ELEGIBILIDAD: Capacidad para obtener mediante elecciĂłn un cargo.
2654-DR
Ŋ ŊŊľŊ Ŋ Ŋ
ĹŠ
G8IF1 Jljg\ej`�e[\ckiXYXafXc k„id`ef [\ cX afieX[X% @ek\iilgZ`�e[\cXjkXi\Xj [`jgl\jkXjgfi\c\dgi\$ jXi`f# X [`]\i\eZ`X [\ cX _l\c^X# p [\efd`eX[X [\ df[f d\efj \hlˆmf$ Zf gXif gXkifeXc% <c gXif ]fiqfjf% J`klXZ`�e [\c fYi\if j`e kiXYXaf% GXiXc`qXZ`�ecXYfiXc#dXj f d\efj Yi\m\# Zfdf X[_\j`�e X Z`\ikXj XZk`$ kl[\j f dXe`]\jkXZ`fe\j [\ gifk\jkX \e \c Zlijf [\ leX afieX[X [\ kiX$ YXaf% FI>8E@J@JDF1 ;fZki`eXfk\j`jjfZ`fc�^`$ ZX fgl\jkX Xc d\ZXe`Z`j$ df#hl\kiXkX[\\ogc`ZXi cX jfZ`\[X[ Zfdf i\Xc`$ [X[ fi^}e`ZX% <eki\ jlj df[Xc`[X[\j# \jk}e [\c fi^Xe`jdfY`fc�^`Zf#hl\ XZ\ek’X cXj XeXcf^ˆXj \eki\ \c `e[`m`[lf p cX jfZ`\[X[2pcXjhl\X[fg$ kXe leX XZk`kl[ ZfekiXZ$ klXcf„k`ZX%
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ä Äƒ
<O: <JF ;< C<> @K @D 8 ;<=<EJ81 J`klXZ`Â?e gif[lZ`[X gfi cX ]XckX [\ gifgfiZ`feXc`[X[ \eki\ \c XkXhl\ p \c d\[`f \dgc\X[f gXiX i\g\c\i cX X^i\j`Â?e%
<O:<JF;<GF;<I1 8Zkf [\ Xlkfi`[X[ X[d`$ e`jkiXk`mX hl\ j\ \okiXc`$ d`kX [\ jlj Xki`YlZ`fe\j fcXj\a\iZ\Zfe]`eXc`[X[ [`jk`ekX Xc \jgˆi`kl [\ cX c\pfi\^cXd\ekf% <O:CLP<EK<1 Hl\ gif[lZ\ \oZclj`�e% <c hl\Zl\ekXZfe[\i\Z_fhl\ \j`eZfdgXk`Yc\Zfe\cfkif
<O:LJ81 Dfk`mf f gi\k\okfj hl\ j\ `emfZXgXiX[`jZlcgXij\f\cl$ [`i leX fYc`^XZ`Â?e% ;\jZXi$ ^f2\oZ\gZ`Â?e%:`iZlejkXeZ`X kfdX[X\eZfej`[\iXZ`Â?egfi cX c\p gXiX jljkiX\i X leX g\ijfeXZlcgXYc\[\cXg\eX efidXcgfi\ccXj\ÂŒXcX[X%
<O:LJ@äE1 ;\i\Z_f Zfe hl\ Zl\ekX \c ]`X[fi j`dgc\ f [\l[fi jlY$ j`[`Xi`f gXiX g\[`i l fYc`^Xi XcXZi\\[fiXhl\gi\m`Xd\e$ k\ `ek\ek\ _XZ\ij\ \c gX^f Zfe cfj Y`\e\j [\c [\l[fi gi`eZ`gXc%
<O<>yK@:F1 :Xc`[X[[\cd„kf[f\ogfj`k`$ mf \e cXj fYiXj [\ ;\i\Z_f# hl\ j`^l\ \c fi[\e [\ cXj c\p\j gfj`k`mXj# X ZlpX `ek\i$ gi\kXZ`�eXk`\e[\egi`eZ`gXc$ d\ek\%
<O<E:@äE1 <]\Zkf[\\o`d`i%C`Y\ikX[[\ hl\j\^fqXgXiX\o`d`ij\[\ leX fYc`^XZ`�e% C`Y\iXZ`�e# \oZ\gklXZ`�e%
<O<EKF1 C`Yi\ [\ ZlcgX# fYc`^XZ`Â?e# Zl`[X[ffgi\fZlgXZ`Â?e%<o`$ d`i f c`YiXi [\ Xc^leX ZXi^X lfYc`^XZ`Â?e
<O<HL8KLI1 ;fZld\ekf gfi \c ZlXc le ZÂ?ejlc \j i\ZfefZ`[f Zfdf kXc\e\c<jkX[f[fe[\_X[\ [\j\dg\ÂŒXijlj]leZ`fe\j%
<J:L<C8;<CFJ >CFJ8;FI<J1 :fdgi\e[\ X cfj ali`jZfe$ jlckfj ^cfjX[fi\j# ccXdX[fj XjˆgfiljXicXj^cfjXjZfdf ]fidX [\ jlj \jZi`kfj% 8 \jkX\jZl\cXj\[\Y\cXj\gX$ iXZ`�e [\ cX \ej\ŒXeqX [\c ;\i\Z_f [\ cXj Xik\j c`Y\iX$ c\jp[\cXK\fcf^ˆX% <J:L<C8;<GI8:K@:8 ALI@;@:81 CX [\ \jg\Z`Xc`qXZ`�e gXiX ^iX[lX[fj le`m\ij`kXi`fj# X hl`\e\jj\gifgfiZ`feXX[`\j$ kiXd`\ekf gi}Zk`Zf \e fi[\e Xc \a\iZ`Z`f [\ cXj gif]\j`f$ e\jaliˆ[`ZXj%
<J:L<C8;<C ;<I<:?FC@9I<1 K\e[\eZ`X [fZki`eXi`X hl\ i\ZcXdX gXiX cfj al\Z\j cX ]leZ`�e XZk`mX [\ Zi\Xi \c ;\i\Z_f \e ZX[X ZXjf Zfe$ Zi\kf# Zfdf ZfekiXgfj`Z`�e X cX XZk`m`[X[ kiX[`Z`feXc [\ d\ifjXgc`ZX[fi\j\`ek„igi\$ k\j[\c;\i\Z_fgfj`k`mf%
#2,#1 +" 2Äž+ '.1 Ä“!.,Ä“#!
Ä Ä…
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
.ĹŠ' 8ĹŠ, 1!.ĹŠ+#Äą % +ĹŠ/ 1 ĹŠ2 -!(.- 1ĹŠ ĹŠ04(#-#2ĹŠ!.-3 Äą ,(- -ĹŠ+ 2ĹŠ$4#-3#2ĹŠ "#ĹŠ %4 Ä“
( / (.,)-Ĺ‹3Ĺ‹ ),) (Ĺ‹ (-Ĺ‹ &Ĺ‹!/
Äą ĹŠ Ä“ĹŠ EYkhh_ÂŒ
bWcW‹WdWojWhZ[Z[bcWhj[i ()Z[del_[cXh["[d[bJ[Wjhe FWhhegk_Wb Z[ bW Y_kZWZ1 _d# j[]hWdj[i Z[ `kdjWi Z[b W]kW" YedY[`Wb[iZ[bYWdjÂŒdIWdBe# h[dpe" Yeckd[hei" Wkjeh_ZW# Z[ibeYWb[io\kdY_edWh_eiZ[bW I[Yh[jWh‡W DWY_edWb Z[b 7]kW I[dW]kW " i[ h[kd_[hed fWhW WdWb_pWhbWi_jkWY_ÂŒdfehbWgk[ WjhWl_[iWdbWiYk[dYWi^_Zhe# ]h|Ă’YWiZ[bYWdjÂŒd ;d[b\ehe"M_bbcWdL_bbWY‡i" YeehZ_dWZehZ[bW:[cWhYWY_ÂŒd >_Zhe]h|\_YW Z[ ;ic[hWbZWi" [nfb_YÂŒoh[ifedZ_ÂŒWbWi_dgk_[# jkZ[i Z[ bei c_[cXhei Z[ bWi `kdjWiZ[bW]kWZ[bWiZ_\[h[dj[i fWhhegk_WioZ[beiYeckd[hei gk[i_[dj[dgk[[bW]kW"\k[dj[ Z[l_ZW"i[W]ejWWdj[bWc_hWZW fWi_lWof[hc_i_lWZ[bWi_dij_# jkY_ed[iZ[b;ijWZe$
(-ĹŠ, 1!.ĹŠ+#% +
Æ7bde[n_ij_hcWhYeb[]Wbo`kh‡# Z_YefWhWiWdY_edWhoZ_ikWZ_h WbeiYedjWc_dWZeh[iZ[h‡eio [ij[hei"i[Z[X[[cfh[dZ[hWY# Y_ed[i fWhW [dYedjhWh iebkY_e# d[i _dj[]hWb[i Wb fheXb[cW Z[ YedjWc_dWY_ÂŒdZ[bWi\k[dj[iZ[ W]kWÇ"[nfh[iÂŒL_bbWY‡i$ Gk[ZÂŒ [ijWXb[Y_Ze gk[ bei fh_dY_fWb[i W][dj[i YedjWc_# dWdj[ifhel_[d[dZ[bWWYj_l_ZWZ c_d[hW_hh[]kbWhoZ[bcedeYkb# j_leYecefWbcWZ[WY[_j["Zei WYj_l_ZWZ[igk[i[^WdYedl[h# j_Ze[dl[hZWZ[heiĂ“W][beifWhW
bei[Yei_ij[cWiZ[W]kWZkbY[Z[ bWpedW$ BWi`kdjWiZ[W]kW[n_][dWY# Y_ed[i_dc[Z_WjWigk[Yedbb[l[d WbWikif[di_ÂŒdZ[Ă’d_j_lWZ[bW [nfbejWY_ÂŒdc_d[hWobWiWYj_l_# ZWZ[iZ[fWbc[hWigk["[dWc# Xei YWiei" [b_c_dWd Z[i[Y^ei
gk‡c_YeiWbeiWÓk[dj[ii_d_c# fehjWhb[i[bZW‹egk[YWkiWdW bWiX_ejWil[][jWb[i$  .2Ŋ(11#/ 1 +#2
BeiZW‹eigk[YWkiWdWbeii[# h[i^kcWdeiied_hh[fWhWXb[io i[cWd_Ă’[ijWd[dh[ZkYY_ÂŒdZ[
bW\k[dj[Z[fhej[‡dWWd_cWb"Z[ bei^|X_jWjZ[[if[Y_[iWd_cWb[i o l[][jWb[i" ZW‹ei Z_l[hiei Wb jkh_ice"[Yedec‡W"iWbkZoYei# jkcXh[iWdY[ijhWb[iZ[beice# hWZeh[ih_X[h[‹ei$ >WX_jWdj[iZ[beih‡ei8e]ej|" JkbkbX‡oIWdj_W]e"oZ[[ij[hei
Yece CWh‡W o PWXWb[jW cei# jhWhed ik fh[eYkfWY_Œd feh bW jkhX_Z[pZ[bWiW]kWi"bWi[d\[h# c[ZWZ[iZ[f_[b"h[if_hWjeh_Wio ]|ijh_YWiZ[d_‹eioWZkbjei"obW Z_ic_dkY_ŒdZ[bWi[if[Y_[iX_e# WYk|j_YWi"\k[dj[Z[_d]h[ieio Wb_c[djeiZ[beifk[Xbei$ :9=
)(Ĺ‹ - / ,4)Ĺ‹*,)*#)Ĺ‹ ' #Ĺ‹/(Ĺ‹./ ,v ^Äą ĹŠ Ä“ĹŠ >WY_[dZe bWi l[Y[i Z[ jƒYd_Ye" \_iYWb_pWZeh o cehWZeh Z[b XWhh_e J[b[cX‡" HW‘bL_pYWhhWjklegk[l[hi[[d bWeXb_]WY_ÂŒdZ[fed[hikifhe# f_eih[Ykhiei[YedÂŒc_YeifWhW YWcX_Wh).&c[jheib_d[Wb[iZ[ jkX[h‡W Z[ *& c_b‡c[jhei fWhW [bi_ij[cWZ[WbYWdjWh_bbWZeoW [if[hWh gk[ Wb]‘d cec[dje [b Ckd_Y_f_eb[Z[lk[blW[bZ_d[he gk[_dl_[hj[[d[ijWeXhW$ ;ij[ jhWXW`e b[ Yehh[ifedZ‡W eXb_]Wjeh_Wc[dj[ h[Wb_pWhbe [b Ckd_Y_f_eZ[Gk_d_dZƒ"f[hebWi Wkjeh_ZWZ[i ckd_Y_fWb[i de b[ Z_[hed Wj[dY_ÂŒd" Z[iYedeY_[dZe [bd_l[bZ[_cfehjWdY_Wgk[h[fh[# i[djWXW^WY[hbefWhW[i[XWhh_e$
Ä“ĹŠ.-ĹŠ1#!412.2ĹŠ/1./(.2ĔŊ ĂŒ+ĹŠ(9! 11 ĹŠ! , (¢ŊĊđćŊ,#31.2ĹŠ+(-# +#2ĹŠ"#ĹŠ34 #1~ ĹŠ"#ĹŠÄŒÄ‡ĹŠ,(+~,#31.2Ä“
-"(2/#-2 +#
HW‘bL_pYWhhWZ_Y[gk[^WY[c|i
Z[i_[j[c[i[iYeckd_YWhedWb WbYWbZ["CWdk[b9WiWdelWCed# j[i_dei"fWhWgk[i[[`[Ykj[[iW eXhWYeceh[gk_i_je_dZ_if[diW# Xb[fWhWgk[bWYecfW‹‡W>[h# Ze_pW9h[ifeYebegk[bWYWhf[jW Z[^ehc_]ŒdWhcWZe[djeZe[b XWhh_e"eYWieYedjhWh_ei[h[j_hW# h‡WdZ[bbk]Wholebl[h‡WZ[ifkƒi Z[kdW‹e$ EjhecehWZehZ[bXWhh_eJ[# b[cX‡ gk[ f_Z_Œ [b Wded_cWje" Z_`egk[YkWdZei[f_Z_ŒWbCk# d_Y_f_egk[i[^_Y_[hW[iWeXhWbW h[ifk[ijW\k[gk[j[d‡WdckY^ei \h[dj[iZ[jhWXW`eodeYedjWXWd Yedf[hiedWbfWhWWj[dZ[hW[i[ XWhh_e"Wbj_[cfegk[\[b_Y_jŒbW _d_Y_Wj_lW jecWZW feh L_pYW# hhWfWhW[bYWcX_eZ[jkX[h‡Wi$ 789
-.,)Ĺ‹ (Ĺ‹ &Ĺ‹& ")Ĺ‹ &Ĺ‹ )&), ;bfhe\[iehC_]k[bCk‹ep9W# i_[hhW"Z[,'W‹ei"XkiYWYÂŒce ^WY[hb[\h[dj[WbfheXb[cWZ[ iWbkZgk[fh[i[djW1fk[i"iki [njh[c_ZWZ[i _d\[h_eh[i ^Wd _Zef[hZ_[dZebWcel_b_ZWZo [ijedeb[f[hc_j[YWc_dWhb_# Xh[c[dj["i_dekj_b_pWdZekdW i_bbWZ[hk[ZWi$ BWi_jkWY_ÂŒdZ[[ij[cW[ijhe gk[ i[ Z[i[cf[‹Œ Yece Ze# Y[dj[Z[_Z_ecWi[dbeiYeb[]_e ĂˆIW]hWZe9ehWpÂŒdÉoĂˆDeYjkhde ;ic[hWbZWiÉ"Z[[ijWY_kZWZ"[i Yecfb_YWZW"fehgk[i[Z[iYe# deY[bWYWkiWZ[bW[d\[hc[ZWZ gk[fWZ[Y[$ ÆDei[iWX[gkƒbW^Wfhele# YWZe"f[hebW[d\[hc[ZWZc[ ^WW\[YjWZe[bi_ij[cWckiYk# bWhodec[f[hc_j[bWcel_b_# ZWZ[dc_if_[hdWiÇ"Z_`eCk# ‹ep9Wi_[hhW$
# (Ĺ‹$/-.# #Ĺ‹*), - -#(.)Ĺ‹ Ĺ‹ '#&#,
ēŊ ,(+( 1#2Ŋ"#Ŋ !(-3.Ŋ("#+Ŋ.+. ¢-Ŋ1 !( ĔŊ#7(%#-Ŋ2 -!(¢-Ŋ/ 1 Ŋ+ Ŋ/#12.- Ŋ04#Ŋ+.Ŋ, 3¢Ŋ!.-Ŋ".2Ŋ"(2/ 1.2ē
+ĹŠ !42 ".ĹŠ"#+ĹŠ!1(Äą ,#-ĹŠ#2ĹŠ4-ĹŠ%4 1"( ĹŠ "#ĹŠ2#%41(" "ĹŠ"#ĹŠ 4- ĹŠ% 2.+(- ĹŠ"#ĹŠ 4(-(-"_Ä“
Bei \Wc_b_Wh[i Z[ @WY_dje <_# Z[b9ebeXŒd=hWY_W"gk_[d\k[ Wi[i_dWZe Yed Zei XWbWpei [d bW YWX[pW" f_Z[d gk[ i[ ^W]W `kij_Y_Wfeh[bYh_c[dogk[[b ^[Y^e de lWoW W gk[ZWh [d bW _cfkd_ZWZ$ ;d bW Z[dkdY_W fh[i[djW# ZW [d bW <_iYWb‡W Z[b YWdjŒd Gk_d_dZƒ" 8[d`Wc‡d =kijWle 9ebeXŒd =hWY_W" ^[hcWde Z[b W^ehW\Wbb[Y_Ze"h[ifediWX_b_pW
Z[b ^ec_Y_Z_e W @eiƒ 7fWh_Y_e [bfh[ikdjeYh_c_dWb[hW]kWh# Hec[he"gk_[dYec[j_Ze[b^[# Z_WZ[i[]kh_ZWZ$ ;d[bZeYkc[djei[[ijWXb[# Y^ei[Z_eWbW\k]Wode^Wi_Ze Y[gk[[bZk[‹eZ[bW[ijWY_ÂŒd YWfjkhWZe$ ;bYh_c[deYkhh_ÂŒ[bl_[hd[i Z[YecXkij_Xb[b[f[Z_ÂŒW@eiƒ '( Z[ del_[cXh[ Z[ [ij[ W‹e" 7fWh_Y_e Hec[he gk[ Y[hYWhW Yed [ijWYWi [b j[hh[de [d [b YWdjÂŒd Gk_d_dZƒ" fWhW[l_jWhgk[9ebeXÂŒd YkWdZe7fWh_Y_eHec[# ĹŠ =hWY_W i_]k_[hW jhWXW# he" W [ie Z[ bWi (&0&&" `WdZeWbb‡$ [dYedjhÂŒW@WY_dje<_Z[b ;d _cf[Z_c[dje W 9ebeXÂŒd =hWY_W [d kd .2ĹŠ".+(#-3#2ĹŠ 2.+(!(3 -ĹŠ ĹŠ+ ĹŠ XWhob[Wi[ijÂŒZeij_hei (2! +~ ĹŠ1# +(9 1ĹŠ Ykcfb_hikibWXeh[ice# fheleY|dZeb[ bW ck[h# + 2ĹŠ"(+(%#-!( 2ĹŠ -#!#2 1( 2ĹŠ/ 1 ĹŠ b[ijÂŒW<_Z[bojklekdW 2 -!(.- 1ĹŠ ĹŠ Z_iYki_ÂŒd Yed [b ]kWh# j[$ 43.1#2ĔŊ!¢,Äą Z_W"fehbegk[bWFeb_Y‡W /+(!#2ĹŠ8ĹŠ#-!4Äą 1(".1#2Ä“ jklegk[jecWhfheY[Z_# -3#!#"#-3#2 c_[dje$ ;b ^[hcWde Z[b W^ehW I[ fh[ikc[ gk[ feh h[fh[# \Wbb[Y_ZeWĂ’hcW[dbWZ[dkdY_W gk[ikfWh_[dj[j[d‡Wkdfk[i# iWb_Wi[b^ecXh[Z[i[]kh_ZWZ jeZ[l[dZ[h[dY[XebbWZeiWkd YkWdZe i[ [dYedjhÂŒ W @WY_dje YeijWZeZ[bW]Wieb_d[hWZ[fhe# <_Z[b9ebeXÂŒd=hWY_Wb[Z_ifWhÂŒ f_[ZWZZ[=WbeF_dje"[dbWYkWb fheleY|dZeb[bWck[hj[$
.ĹŠ' ĹŠ2(".ĹŠ #-#ÄƒĹŠ!( ".
F[i[Wgk[fehh[_j[hWZWieYW# i_ed[i ^W i_Ze l_i_jWZe [d ik l_l_[dZW"kX_YWZW[d9eZ[iW" fehZ[b[]WZeiZ[bWiYWcfW‹Wi ĂˆCWdk[bW ;if[`eÉ o Ăˆ@eWgk‡d =Wbb[]eiÉ"de^Wi_ZeX[d[Ă’Y_W# ZeYed[bXedegk[[b=eX_[hde [djh[]WWbWif[hiedWiYedZ_i# YWfWY_ZWZ$
ĂĉĹ?Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä€
Ĺ?+. Ĺ?
Ä Ä†
7ĹŠ +4,-.ĹŠ +.ĹŠ31 3 Ĺ—ĹŠĹŠ
.1ĹŠ#+ĹŠ, +ĹŠ,.,#-3.ĹŠ04#ĹŠ#23;ĹŠ / 2 -".ĹŠ (%4#+ĹŠ 4 .9ĹŠ 2(#11 ĔŊ "# #ĹŠ1#!( (1ĹŠ+ ĹŠ 84" ĹŠ8ĹŠ!.+ .1 !(¢-ĹŠ "#ĹŠ242ĹŠ ,(%.2ĹŠ8ĹŠ!.-.!(".2Ä—ĹŠ04(#-#2ĹŠ "#2##-ĹŠ /.8 1+.ĹŠ/4#"#-ĹŠ#-!.-31 1+.ĹŠ #-ĹŠ."#2 ĔŊ!#1! ĹŠ +ĹŠ/ 104#ĹŠ.ĹŠ!.-Äą 3 !3 1+.ĹŠ +ĹŠ3#+_$.-.ŊĉÄ?Ä‡ĹŠÄˆÄ‘ĹŠÄ’ÄˆÄ“ .,.ĹŠ4-ĹŠ%#23.ĹŠ"#ĹŠ2.+(" 1(" "ĹŠ !.-ĹŠ24ĹŠ#7ĹŠ, #231.ĔŊ#+ĹŠ31 4, 3¢+.%.ĹŠ
#-~-Ŋ#+31;-Ŋ~ 9Ŋ+.Ŋ#23;Ŋ 2(23(#-".Ŋ !.-Ŋ3#1 /( 2ėŊ/4#2ĔŊ#+Ŋ#-$#1,.Ŋ$4#Ŋ 24Ŋ/1.$#2.1Ŋ!4 -".Ŋ#234"(¢Ŋ#-Ŋ#+Ŋ !.+#%(.Ŋļ %1 ".Ŋ.1 9¢-Čē
;b fheXb[cW i[ Yecfb_YW fehgk[[bcW[ijheoWde[`[hY[ bW ZeY[dY_W o jWcfeYe h[Y_X_Œ b_gk_ZWY_ŒdfehikiW‹eiZ[i[h# l_Y_e1 W^ehW de j_[d[ _d]h[iei [YedŒc_Yei fWhW iebl[djWh bei ]Wijeigk[Z[cWdZWiec[j[hi[ WkdjhWjWc_[djeobWYecfhWZ[ c[Z_Y_dWi$ ;ifWZh[Z[\Wc_b_Woikife# Yei_d]h[ieiiedbeigk[]WdW^W# Y_[dZefkXb_Y_ZWZ[dYWhj[b[ie f_djWdZeYkWZhei"fWhWh[Wb_pWh [ijW WYj_l_ZWZ Z[X[ ^WY[hbe Z[ f_[oik`[jWZeieXh[kdWc[iW$
ēŊ (%4#+Ŋ 4 .9Ŋ 2(#11 Ŋ/(-3 Ŋ!4 "1.2Ŋ8Ŋ1# +(9 Ŋ+(#-9.2ĔŊ/#1.Ŋ"# #Ŋ /.8 12#Ŋ2. 1#Ŋ4- Ŋ,#2 Ŋ/.1Ŋ#+Ŋ/1. +#, Ŋ"#Ŋ242Ŋ/(#1- 2ē
,, . ,Ĺ‹* &#!,)- ;d[bjhWceZ[bWfWhhegk_W9W# cWhed[i^WijW[bh[Y_djeJWYkiW" Wbdehj[Z[bWfhel_dY_WZ[;i# c[hWbZWi"bei^WX_jWdj[i^WX‡Wd Yedijhk_Ze i_[j[ hecf[ l[beY_# ZWZ[ifWhWeXb_]WhWbeiYedZkY# jeh[iWh[ZkY_hbWcWhY^WZ[bei YWhheiWbfWiWhfeh[ieibk]Wh[i$ ;beX`[j_lefh_dY_fWb[hW[l_# jWh gk[ c|i f[hiedWi ck[hWd Wjhef[bbWZWi"fk[i"^Wdi_ZeWb# ]kdWibWil‡Yj_cWigk[^WdZ[# `WZe Zebeh o Yedij[hdWY_ÂŒd [d ^kc_bZ[i\Wc_b_WiZ[bWpedW$ ;b fh[i_Z[dj[ Z[ bW @kdjW FWhhegk_Wb Z[ 9WcWhed[i" @[# h[c‡Wi C[dZepW 9WbZ[hÂŒd" Z_`e gk[ Yed bW Wcfb_WY_ÂŒd Z[ bW YWhh[j[hW W YkWjhe YWhh_b[i bei ckhei \k[hed Z[ijhk_Zei"
ikfk[ijWc[dj[fehgk[de[ijW# XWd^[Y^eijƒYd_YWc[dj[$ 41.2ĹŠ"#ĹŠ3(#11
ÆBWZ_ifei_Y_ÂŒdZ[bWC_d_ijhWZ[ JhWdifehj[oEXhWiF‘Xb_YW\k[ gk[beickhei_XWdWi[hYedi# jhk_ZeiYedbWi[if[Y_Ă’YWY_ed[i jƒYd_YWi"f[he^WijWbWfh[i[dj[ \[Y^Wi[be^Wh[Wb_pWZeÇ"Yec[d# jÂŒ[bZ_h_][dj[fWhhegk_Wb$ KdcehWZehZ[JWYkiW[nfb_# YÂŒgk[kdc[deh^Wi_ZeWhhe# bbWZe[d[i[feXbWZe"Z[X_ZeWbW \WbjWZ[hecf[l[beY_ZWZ[igk[ iedd[Y[iWh_eifWhWfh[YWkj[# bWhbWl_ZWZ[beiYeckd[heio jWcX_ƒdfWhW[l_jWhWYY_Z[dj[i Z[jh|di_je$ Æ7YjkWbc[dj[fWhWeXb_]WhW
Ä“ĹŠ .2ĹŠ1.,/#ĹŠ5#+.!(" "#2ĹŠ"#ĹŠ!#,#-3.ĹŠ$4#1.-ĹŠ"#2314(".2ĹŠ8ĹŠ+.2ĹŠ!.+.-.2ĹŠ' -ĹŠ3#-(".ĹŠ04#ĹŠ4 (! 1ĹŠ3(#11 ĹŠ#-ĹŠ+ ĹŠ! ++#ĹŠ/ 1 ĹŠ 04#ĹŠ2#ĹŠ1#"49! ĹŠ+ ĹŠ5#+.!(" "Ä“
beiYedZkYjeh[iWh[ZkY_hbWl[be# Y_ZWZZ[beil[^‡Ykbeii[^Wd^[#
Y^eckheiYedj_[hhW^WijWgk[ i[YedijhkoWdbeie\h[Y_ZeioYed
bWi [if[Y_\_YWY_ed[i jƒYd_YWiÇ" Z_`e[b^WX_jWdj[Z[JWYkiW$
ČĎ! (-!+ēũ ũĉđũũ ũũĉćĈć
2,#1 +" 2
Ċďũ:
(#9ũ .2ũ"#ũ/#1!42(¢-ũũũ
ũ -" ũ#!4 3.1( - ũ., !*ũ!#+# 1¢ũ ũ+.ũ%1 -"#ũ24ũ/1(,#1 ũ"_! " ũ #-ũ+ ũ#2!#- ũ,42(! +ēũ 1 ũĉćĈĈũ/1#/ 1 ũ2.1/1#2 2ē: ũĈć
-ũ"#2#13.1ũ,;2
+#1(3 ũ#23;ũ ũ/4-3.ũ"#ũ"#) 1ũ#+ũ3.1-#.ũ"#ũ.-!'(%Õ#Ĕũ 2(%4(#-".ũ#+ũ,(2,.ũ! ,(-.ũ"#ũ#-3#- 1(.ēũ# #1~ ũ' ı #1ũ2 -!(.-#2ũ$4#13#2ũ/ 1 ũ+.2ũ#04(/.2ũ04#ũ -".- -ũ+ ũ !.,/#3#-!( Ĕũ/.104#ũ242ũ2 +(" 2ũ $#!3 -ũ +ũ!#13 ,#-ēũ : ũĒ
("#-ũ2 -!(¢-ũ/ 1 ũ/1#24-3.ũ!1(,(- +
1(#-3#2ũ"#ũ !(-3.ũ("#+ũ.+. ¢-ũ1 !( Ĕũ 2#2(- ".ũ!.-ũ".2ũ + 9.2ũ #-ũ+ ũ! #9 Ĕũ#7(%#-ũ)423(!( ũ8ũ04#ũ#+ũ/1#24-3.ũ!1(,(- +ũ2# ũ! /341 ".ũ 8ũ2 -!(.- ".ũ/.1ũ#+ũ"#+(3.ēũũ: ũĈĎ
Published on Nov 27, 2010
Edición impresa Esmeraldas del 28 de noviembre del 2010
