Ďć! (-!+Ä“ĹŠ Äž ĹŠ } Ä?
, 41 ĔŊ 1!'(
ÄĽ +#ÄŚĹŠ8ĹŠ24ĹŠ/1./4#23 ĹŠ"#ĹŠ) 99ĹŠĹŠĹŠĹŠ
Ŋ/( -(23 Ŋ#!4 3.1( - Ŋ +#) -"1 Ŋ 8 2ĔŊ!.-Ŋ4- Ŋ(-3#Ĺ 1#2 -3#Ŋ! 11#1 Ŋ,42(! +Ŋ#-Ŋ 1%#-3(- ĔŊ 1#Ŋ#+Ŋ !4 ".1Ŋ
99ĹŠ$#23(5 +ĹŠÄ‰Ä‡ÄˆÄ‰Ä“ĹŠ Ĉć
." ĹŠ8ĹŠ #++#9 ĹŠ#-ĹŠ -3.-(.ĹŠ -3#ĹŠ
ŊćĎŊ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‰
.-3 ,(- !(¢-Ŋ /.1Ŋ14(".Ŋ,.+#23 #-Ŋ 3 5 +.
ĹŠ
Ĉć
) Ŋ/1."4!!(¢-Ŋ +#!'#1 Ŋ/.1Ŋ/.!. #2/ !(.Ŋ"#Ŋ3(#11
43.1(" "#2ĹŠ,4-(!(/ +#2ĹŠ 42! 1;-ĹŠ 4-ĹŠ"( +.%.ĹŠ!.-ĹŠ+.2ĹŠ!.,#1!( -3#2ĹŠ"#+ĹŠ ! -3¢-ĹŠ 11 ĔŊ/ 1 ĹŠ' + 1ĹŠ2. 1#ĹŠ+ ĹŠ /4 +(!(" "Ä“ ;b Fhe]hWcW DWY_edWb Z[ =W# dWZ[h‡W FhedW]W o bW Kd_ZWZ JƒYd_YW 9WhY^_ Z[b ?d_Wf" fh[# i[djWd bei h[ikbjWZei WbYWdpW# Zei [d 9WhY^_ [d [b (&''$ BW b_X[hjWZ$ :[djhe Z[b fhe# Y[ie" i[ YecfheXÂŒ gk[ Wb]kdei Z[ bei fheXb[cWi fh_dY_fWb[i gk[ WjhWl_[iW bW ]WdWZ[h‡W [i bW XW`W fheZkYj_l_ZWZ Z[ b[Y^[" l_dYkbWZW Yed bW [iYWiW ikf[h# Ă’ Y_[ Z[ j_[hhW$ FWhW YecXWj_h [ijei _d# Yedl[d_[dj[i" i[ YWfWY_jÂŒ W '+) ^ecXh[i o +) ck`[h[i$ I[ _cfb[c[djÂŒ c[pYbW \ehhW`[hW Yecfk[ijW Z[ ho[ ]hWii WdkWb" f[h[dd[" fWije Wpkb" jhƒXeb XbWdYe o he`e" WYefbWZW Yed kd Xk[d cWd[`e Yece0 fWijeh[e efehjkde" Yehj[i Z[ _]kWbWY_ÂŒd" Z_if[hi_ÂŒd Z[ ^[Y[i o \[hj_b_#
Ä“ĹŠ #ĹŠ"(.ĹŠ ĹŠ!.-.!#1ĹŠ+.2ĹŠ /1(,#1.2ĹŠ1#24+3 ".2ĹŠ"#+ĹŠ/1.8#!3.ĹŠ"#ĹŠ % - "#1~ ĹŠ04#ĹŠ$4#ĹŠ(,/+#,#-3 ".ĹŠ#-ĹŠ #+ĹŠ 1!'(Ä“
pWY_ÂŒd$ I[ eXjkle _dYh[c[djei [YedÂŒc_Yei Z[iZ[ '/' ^WijW ),* ZÂŒbWh[i feh fWijeh[e o ^[Yj|h[W$ ;%(- ĹŠ Ĉđ
v -Ĺ‹ . -Ĺ‹*),Ĺ‹& Ĺ‹&&/0# ĹŠ BWi Yedi[Yk[dY_Wi Z[
- ĹŠ-.!'#ĹŠ"#ĹŠ% + ĹŠ#-ĹŠ+ ĹŠ#7 ; 1(! ĹŠ , 41 ĹŠ$4#ĹŠ#+ĹŠ, 1!.ĹŠ#-ĹŠ #+ĹŠ04#ĹŠ#+ĹŠ 4-(!(/(.ĹŠ8ĹŠ+ ĹŠ ;, 1 ĹŠ"#ĹŠ .,#1!(.ĹŠ/1#2#-3 1.-ĹŠ+ ĹŠ 7/. " ĹŠ 34-3 04(ĹŠÄ‰Ä‡ÄˆÄ‰ĹŠ8ĹŠ+ ĹŠ, 1! ĹŠ 1.8#!3.ĹŠ ; 1(! ĹŠ ,Äą 41 Ä“ĹŠ "#,;2ĔŊ4- ĹŠ,4#231 ĹŠ"#ĹŠÄŒÄ‡ĹŠ$.3.%1;ÄƒĹŠ! ĹŠ1#!.%#-ĹŠ+ ĹŠ '(23.1( ĹŠ"#ĹŠ#23#ĹŠ (#-ĹŠ/ 31(,.-( +Ä“ĹŠ ;%(- 2ĹŠ Ä?
bWi \k[hj[i fh[Y_f_jWY_ed[i i[ [cf_[pWd W [l_Z[dY_Wh [d bW h[Z l_Wb Z[ ?cXWXkhW$ BW ?XW# hhW" 7‹WifWcXW" OkhWYhkp" [i kdW Z[ bWi Whj[h_Wi W\[YjWZWi$ 7Zh_WdW I|dY^[p" ^WX_jWd# j[ Z[ bW 9eckd_ZWZ Z[ 7‹Wi# fWcXW" Wi[]khÂŒ gk[ [b cWb [ijWZe Z[ bWi l‡Wi b[i f[h`kZ_# YW$ ÆJ[d[cei i[h_ei _dYedl[# d_[dj[i fWhW iWYWh dk[ijhei fheZkYjei Wb c[hYWZe$ Dei jeYW kj_b_pWh ejhWi l‡Wi gk[ dei h[jhWiWdÇ" [nfb_YÂŒ$ :[iZ[ bW =eX[hdWY_ÂŒd" Wi[# ]khWd gk[ bei h[Ykhiei Z[ bW [c[h][dY_W Z[Yh[jWZW [d [b (&''" W‘d de bb[]Wd W bW fhe# l_dY_W$ ;%(- ĹŠĹŠ ÄŒ
Ä“ĹŠ +ĹŠ/1. +#, ĹŠ5( +ĹŠ#-ĹŠ+ ĹŠ /1.5(-!( ĹŠ2#ĹŠ 11 231 ĹŠ"#2"#ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄˆÄ“ĹŠ (, ,/(1.ĹŠ8ĹŠ 1!404~ĹŠ2.-ĹŠ+.2ĹŠ! -3.-#2ĹŠ ,;2ĹŠ $#!3 ".2Ä“ĹŠ
666Ä“+ '.1 Ä“!.,Ä“#!
Ĺ? Ĺ?
Ĺ?
Ä‚
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ĹŠ ĹŠ ĹŠ Ä“ĹŠ 234"( -3#2ĹŠ"41 -3#ĹŠ+ ĹŠ"#$#-2 ĹŠ"#ĹŠ%1 ".ĹŠ#-ĹŠ+ ĹŠ Äą Ä“ĹŠ
ĹŠ ÂĄ ĹŠĹŠĹŠ
Ŋ!1(2(2Ŋ"#Ŋ+ Ŋ2 +4"Ŋ-.Ŋ2¢+.Ŋ#23;Ŋ#-Ŋ+.2Ŋ'.2/(3 +#2Ŋ"#Ŋ+ 2Ŋ!(4" "#2Ŋ %1 -"#2Ŋ!.,.Ŋ 4(3.Ŋ8Ŋ 4 8 04(+ĔŊ"# #1~ -Ŋ" 12#Ŋ!4#-3 Ŋ04#Ŋ #-Ŋ 11 ĔŊ+ Ŋ 3#-!(¢-Ŋ#2Ŋ, + ēŊ 23.Ŋ-.Ŋ2¢+.Ŋ#2Ŋ/.1Ŋ+ Ŋ$ +3 Ŋ"#Ŋ /1.$#2(.- +#2Ŋ2(-.Ŋ/.1Ŋ04#Ŋ-.Ŋ#7(23#-Ŋ+.2Ŋ#04(/.2Ŋ8Ŋ,#"(! ,#-3.2Ŋ"#+Ŋ ! 2.ēŊ -( Ŋ _+#9ŊŊ 11 Ŋ
ĹŠ } ĹŠ ĹŠÄ ĹŠ ĹŠ Äą Ä&#x;
ćŊ .-5(_13#3#Ŋ#-Ŋ-4#231.Ŋ 1#/.13#1.ēŊ -5~ Ŋ342Ŋ$.3.2Ŋ ĖŊ "3.11#2Ğ+ '.1 ē!.,ē#!ē
-ĹŠ/1.8#!3.ĹŠ"#ĹŠ%1 ".ĹŠ, 1! ĹŠ+ ĹŠ/ 43 ĹŠ / 1 ĹŠ4-ĹŠ! , (.ĹŠ"#ĹŠ(, %#-ĹŠ"#ĹŠ+ ĹŠ -(Äą 5#12(" "ĹŠ 3¢+(! ĹŠ"#ĹŠ 11 Ä“ ĹŠ IWdj_W]e :ec‡d]k[p o <h[Zo 9hkp" i[ YediW]hWhed Yece Whgk_j[Yjei [b fWiWZe )' Z[ [d[he" Wb Z[\[dZ[h ik fheo[Yje Z[ ]hWZe Yed [b j[cW0 Æ:_i[‹e Z[b Ă›h[W 7Zc_d_ijhWj_lW o Ped_\_YWY_ÂŒd Z[b YWcfki Z[ bW I[Z[ ?XWhhWÇ$ 7b WYje Wi_ij_[hed bWi Wkjeh_ZWZ[i Z[ bW I[Z[ ?XWhhW o \Wc_b_Wh[i Z[ bei [ijkZ_Wdj[i$ ;b jhWXW`e be h[Wb_pWhed feh c|i Z[ Zei W‹ei" Yed kdW _dl[ij_# ]WY_ÂŒd ikij[djWZW [d jƒYd_YWi Wh# gk_j[YjÂŒd_YWi Z[ BWj_deWcƒh_YW" fbWdei [ijhkYjkhWb[i o fhefk[i# jWi fheo[YjkWb[i Z[ _ddelWY_ed[i Z[b YWcfki kd_l[hi_jWh_e$ 9ed
[ijWi dk[lWi [ijhWj[]_Wi Z[ Yedi# jhkYY_ÂŒd" i[ fheo[YjW kd [ifWY_e l[hi|j_b" ceZ[hde o cko \kdY_e# dWb WYehZ[ W bWi d[Y[i_ZWZ[i Z[b ckdZe WYjkWb$ ;b Wfehj[ o jhWXW`e Z[ bei [i# jkZ_Wdj[i i[ Y[djhÂŒ [d kdW _dl[i# j_]WY_ÂŒd" [d [b Z_i[‹e" [b h[Ye]_# c_[dje Z[ [ifWY_ei h[Wb[i fWhW bWi eXhWi WZc_d_ijhWj_lWi o Wj[d# Z[h X|i_YWc[dj[ bWi d[Y[i_ZWZ[i WZc_d_ijhWj_lWi" ][h[dY_Wb[i o Z[ [ifWhY_c_[dje gk[ j_[d[ bW 9e# ckd_ZWZ Kd_l[hi_jWh_W$ ;b WhZke jhWXW`e Z[ :ec‡d# ]k[p o 9hkp i[ h[Yef_bW [d YkWjhe jecei" [d [bbei i[ [if[Y_Ă’ YW YWZW
kde Z[ bei fWiei o Z[jWbb[i [i[d# Y_Wb[i Z[ ik jhWXW`e" gk_[d[i `kd# je W ik 7i[ieh @eh][ FedY[" ^Wd YedYbk_Ze [b fheo[Yje Z[ j[i_i W bW l_ijW Z[ bei ZeY[dj[i Yece kd jhWXW`e fhe\[i_edWb$ ÆFWhW deiejhei [i kdW iWj_i# \WYY_ÂŒd [b j[hc_dWh [ij[ fheY[ie" o [b d_l[b Z[ dk[ijhei [ijkZ_Wdj[i h[Wbc[dj[ [i Wbje" kd ]hWd jhWXW# `e Z[ [i\k[hpe [ _dl[hi_ÂŒd Yec# f[diWZe [d kd \kjkheÇ" \k[hed bWi fWbWXhWi Z[ DWhY_pW Oƒf[p" 9eehZ_dWZehW 7YWZƒc_YW Z[ 7h# gk_j[YjkhW$ BW Fhehh[YjehW Z[ bW I[Z[" CWh‡W @eiƒ HkX_e" i[ cei# jhÂŒ YecfbWY_ZW feh bW _dl[ij_]W# Y_ÂŒd Z[iWhhebbWZW$ I[ jhWjW Z[ kdW fhefk[ijW gk[ i[ YedĂ’ ]khW [d bW ]k‡W fWhW bW YedijhkYY_ÂŒd Z[ bei dk[lei [ifWY_ei Yece0 [Z_Ă’ Y_e WZc_d_ijhWj_le" X_Xb_ej[YW" WkZ_# jeh_e" YWf_bbW o [ifWY_ei l[hZ[i$
El equipamiento puede variar segĂşn la versiĂłn del modelo
-ĹŠ+ ĹŠ!(4" "ĹŠ#2ĹŠ!.,ĂŒ-ĹŠ5#1ĹŠ "( 4).2ĹŠ"#ĹŠ+.2ĹŠ"#-.,(- Äą ".2ĹŠÄĄ%1 ÄƒĹŠ3#1.2ĢĔŊ+.2ĹŠ!4 +#2ĹŠ "#ÄƒĹŠ#-"#-ĹŠ04#ĹŠ#2ĹŠ4- ĹŠ$.1, ĹŠ "#ĹŠ#7/1#2(¢-ĹŠ 13~23(! ĔŊ+.ĹŠ 04#ĹŠ#2ĹŠ2#%41.ĹŠ#2ĹŠ04#ĔŊ3 -3.ĹŠ + 2ĹŠ 43.1(" "#2ĹŠ!.,.ĹŠ#23 2ĹŠ /#12.- 2ĹŠ"# #-ĹŠ 42! 1ĹŠ 4-ĹŠ+4% 1ĹŠ "#!4 ".ĹŠ".-"#ĹŠ /4#" -ĹŠ"#2 11.++ 1ĹŠ242ĹŠ 13#ĔŊ 2(-ĹŠ 3#-3 1ĹŠ!.-ĹŠ+ ĹŠ#23_3(! ĹŠ"#ĹŠ+ ĹŠ !(4" "Ä“ .2ĹŠ#-5~ Ä–ĹŠ +#7ĹŠ !~ 2ĹŠĹŠĹŠ ~ ĹŠ!.11#.ĹŠ#+#!31¢-(!.ĹŠĹŠ
,)3 .)ŋ ,+/#. .š(# )ŋ* , ŋ , ()0 ,ŋ &ŋ '*/-ŋ/(#0 ,-#. ,#)
ENTREGA INMEDIATA
www.hyundai.com.ec
"ÄľÄ‰ÄŒÄŒÄˆÄ‡Äľ (
25%
ENTRADA
/ 60
MESES PLAZO
Recibimos tu auto como parte de pago.
IBARRA: Equinorte: Telf.: 2955666 / CAYAMBE: Comercial Hidrobo: Telf.: 2110222 / TULCĂ N: Comercial Hidrobo: Telf.: 2982028
Ĺ? ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ă
/ !(3 -ĹŠ2. 1#ĹŠ + 1, 2ĹŠ
Ĺ—ĹŠĹŠ
Ä“ĹŠ .2ĹŠ(,/+#,#-3 !(¢-ĹŠ"#ĹŠ+.2ĹŠ(-$.!#-31.2ĹŠ#-ĹŠ+ 2ĹŠÄŠÄ?ĹŠ/ 11.04( 2ĹŠ141 +#2ĔŊ2#15(1;-ĹŠ/ 1 ĹŠ#+ĹŠ"#2 11.++.ĹŠ"#ĹŠ+.2ĹŠ#5#-3.2ĹŠ"#ĹŠ! / !(3 !(¢-Ä“ĹŠ
-)ŋ ŋ. ()&)!v ŋ ŋ#( ),' #š(ŋ 3ŋ )'/(# #š(ŋ* , ŋ4)( -ŋ,/, & -ŋ +Ŋ . (#1-.Ŋ 1.5(-!( +Ŋ"#Ŋ , 41 Ŋ#23 +#!(¢Ŋ !4#1".2Ŋ !.-Ŋ#-3(" "#2Ŋ#"4! 3(5 2Ŋ/ 1 Ŋ! / !(3 1Ŋ Ŋ+ Ŋ/. + !(¢-Ŋ#-Ŋ#+Ŋ , -#).Ŋ"#Ŋ#23 2Ŋ'#11 ,(#-3 2ēŊ Ŋ ěŊ Bei feXbWZeh[i Z[ bWi
Yeckd_ZWZ[i hkhWb[i Z[ bW ?c# XWXkhW i[ _dYehfehWd Wb kie WZ[YkWZe Z[ bWi j[Ydebe]‡Wi Z[ bW _d\ehcWY_Œd o Yeckd_YWY_Œd$ ;b fh_c[h fWie fWhW gk[ [ije eYkhhW i[ Z_e W jhWlƒi Z[ kdW _d_Y_Wj_lW Z[b =eX_[hde Fhel_dY_Wb Z[ ?c# XWXkhW" =F?" o [b C_d_ij[h_e Z[ J[b[Yeckd_YWY_ed[i o IeY_[ZWZ Z[ bW ?d\ehcWY_Œd" C?DJ;B" Wb _dijWbWh ceZ[hdei _d\eY[djhei [d bWi ), fWhhegk_Wi hkhWb[i$ 7^ehW" bW c_i_Œd [i Wfhel[# Y^Wh [ijWi ^[hhWc_[djWi j[Yde# bŒ]_YWi$ FWhW [bbe bW Z[Y_i_Œd [i
_dlebkYhWh W c_b[i Z[ f[hiedWi [d fheY[iei Z[ YWfWY_jWY_ÂŒd gk[ b[i f[hc_jW YedeY[h Z[ cWd[hW fh|Yj_YW bW kj_b_pWY_ÂŒd Z[ [gk_fei _d\ehc|j_Yei1 WYY[Z[h Wb ckdZe Z_]_jWb" W jhWlƒi Z[ ?dj[hd[j" ^W# Y[h [\[Yj_lei bei c[YWd_icei Z[ _dl[ij_]WY_ÂŒd" o" [ijWXb[Y[h d[]e# Y_ei W d_l[b ]beXWb" c[Z_Wdj[ bW Yed[n_ÂŒd l_hjkWb$ ;b Fh[\[Yje" :_[]e =WhY‡W" [d# \Wj_pW gk[ jeZW [ijW WYY_ÂŒd [c# fh[dZ_ZW feh [b =F?" \ehcW fWhj[ Z[ kdW [ijhWj[]_W cWYhe" gk[ f[h# c_j_h|" [d Yehje fbWpe" l[h h[ikb# jWZei fei_j_lei" h[Ă“[`WZei [d [b
Wfh[dZ_pW`[ Z[ bW Y_[dY_W o j[Yde# be]‡W1 bW ][ij_ÂŒd _dj[hdWY_edWb" bW fheceY_ÂŒd W d_l[b ckdZ_Wb Z[ bW h_gk[pW YkbjkhWb o jkh‡ij_YW Z[ bei i_j_ei c|i WfWhjWZei" o" [b Wfhe# l[Y^Wc_[dje Z[ bW j[Ydebe]‡W fWhW YedYh[jWh d[]eY_ei W d_l[b cWi_le$ .-5#-(.ĹŠ
FWhW WlWdpWh [d [ijW jWh[W" bW Fh[# \[YjkhW Ă’hcÂŒ kd Yedl[d_e Yed [b ?dij_jkje J[YdebÂŒ]_Ye Ikf[h_eh ?XWhhW" ?JI?$ ;b ZeYkc[dje iki# Yh_je feh bWi Wkjeh_ZWZ[i Z[ bWi Zei _dij_jkY_ed[i" :_[]e =WhY‡W o
<Wkije :|l_bW" h[if[Yj_lWc[dj[" _dlebkYhW bW fWhj_Y_fWY_ÂŒd Z[ bei [ijkZ_Wdj[i Z[ bei ‘bj_cei W‹ei Z[ bW YWhh[j[hW Z[ j[Ydebe]‡W _d# \ehc|j_YW" gk_[d[i Ykcfb_h|d [b fWf[b Z[ YWfWY_jWZeh[i$ :khWdj[ Zei W‹ei Yedi[Ykj_# lei" i[ [dYWh]Wh|d Z[ _dijhk_h W bWi Yeckd_ZWZ[i Z[b |h[W hkhWb ieXh[ [b WYY[ie W bWi j[Ydebe]‡Wi Z[ bW _d\ehcWY_ÂŒd o Yeckd_YW# Y_ÂŒd" \WY_b_jWdZe [b Wfh[dZ_pW`[ o [b Z[iWhhebbe Z[ ^WX_b_ZWZ[i$ BW YWfWY_jWY_ÂŒd f[hc_j_h| i[]k_h WZ[bWdj[ Yed [b Fheo[Yje Æ?cXW# XkhW :_]_jWbÇ" _Z[WZe feh [b =F? o gk[ j_[d[ Yece eX`[j_le _cfb[# c[djWh kdW W]h[i_lW YWcfW‹W Z[ bW kj_b_pWY_ÂŒd Z[ bWi j[Ydebe]‡Wi Z[ bW _d\ehcWY_ÂŒd o Yeckd_YWY_ÂŒd Z[ cWd[hW _dYbki_lW o ieb_ZWh_W" fWhW \ec[djWh [b Z[iWhhebbe$
, (Ĺ‹'6-Ĺ‹ Ĺ‹ )-Ĺ‹'#&&)( -Ĺ‹ #!/ (Ĺ‹ ., $)-Ĺ‹ (Ĺ‹ Ĺ‹ š& , -Ĺ‹* , Ĺ‹ ' &Ĺ‹ ;b C_d_ij[h_e Z[ FheZkYj_l_# ZWZ e\h[Y_ÂŒ Zei c_bbed[i '&& c_b ZÂŒbWh[i fWhW _d_Y_Wh Yed bei jhWXW`ei Z[ YedijhkYY_ÂŒd Z[b 9[djhe Z[ <Wd[Wc_[dje o Fhe# Y[iWZehW Z[ 9|hd_Yei Z[ ?XW# hhW" i[]‘d [b YedY[`Wb" âiYWh 9W_Y[Ze$ ;b [Z_b" gk_[d [i fWhj[ Z[b Z_h[Yjeh_e Z[b WYjkWb YWcWb" Yec[djÂŒ gk[ [iW YWhj[hW Z[ [i# jWZe" bk[]e Z[ bW fh[i[djWY_ÂŒd Z[b fheo[Yje" i[ Yecfhec[j_ÂŒ W [djh[]Wh fWhj[ Z[ bei \edZei gk[ i[ h[gk_[h[d fWhW Yec[d# pWh bei jhWXW`ei$ 7b Ckd_Y_f_e Z[ ?XWhhW b[ jeYW fed[h bW YedjhWfWhj[ gk[
[i Z[ Zei c_bbed[i *&& c_b ZŒ# bWh[i" h[Ykhiei gk[ i[ [ij| ][i# j_edWdZe Yed [b 8WdYe Z[b ;ijW# Ze" fk[i bW eXhW jejWb WiY_[dZ[ W bei YkWjhe c_bbed[i +&& c_b ZŒbWh[i$ ;b dk[le YWcWb [ijWh| kX_# YWZe [d [b i[Yjeh Z[ 9^ehbWl_# Y_je" W Y_dYe c_dkjei Z[b XWhh_e IWdje :ec_d]e [d bW fWhhegk_W IWd 7djed_e Z[ ?XWhhW$ ;i Z[ YWh|Yj[h fhel_dY_Wb" Yed l_i_Œd h[]_edWb o Yed kdW ZkhWX_b_ZWZ Z[ c|i Z[ (& W‹ei fWhW [b i[hl_Y_e Z[ bei ^WX_jWd# j[i" fk[i bW YWhd[ i[h| c[`eh jhWjWZW o Yed YedZ_Y_ed[i iWd_# jWh_Wi WZ[YkWZWi$
412.ĹŠ"#ĹŠ/1(,#1.2ĹŠ 47(+(.2ĹŠ
Ĺ—ĹŠ ĹŠ>WijW [b fhÂŒn_ce '( Z[ \[# Xh[he" bW 9hkp He`W ;YkWje#
h_WdW Z[ ?cXWXkhW" h[Wb_# pWh| [b 9khie Z[ ÆFh_c[hei 7kn_b_ei 8|i_YeiÇ$ BW _Z[W [i jhWjWh [b fheY[Z_c_[dje gk[ i[ Z[X[ kj_b_pWh fWhW WokZWh Z[ \ehcW _dc[Z_WjW W bWi l‡Yj_cWi _dY_Z[dj[" Yh_i_i e [d\[hc[ZWZ $ I[ Z[iWhhebbW# h| Z[iZ[ bWi &.0&& W '*0&&" \h[dj[ Wb EX[b_iYe$
2!4#+ 2ĹŠ"#ĹŠ (2#Â .ĹŠ"#+ĹŠ 2(23#, ĹŠ ĹŠ2#ĹŠ 1#4-(#1.-
Ĺ—ĹŠĹŠ
)Ă° #( -Ĺ‹ Ĺ‹ #& -Ĺ‹
Bei jhWXW`ei Z[ YedijhkYY_ÂŒd Z[ bWi dk[lWi eĂ’Y_dWi Z[ bei YedY[`Wb[i Z[ ?XWhhW i[ WfbWpW# hed$ BW eXhW Ă’dWb i[h‡W [djh[# ]WZW [d Wfhen_cWZWc[dj[ kd c[i o c[Z_e$ Beh[dW >[hd|dZ[p" Z_h[Yje# hW 7Zc_d_ijhWj_lW Z[b Ckd_Y_# f_e Z[ ?XWhhW" Yec[djÂŒ gk[ bW [djh[]W Z[X‡W ^WY[hi[ ^WijW Z_# Y_[cXh[ Z[ (&''" f[he de fkZe h[Wb_pWhi[ feh bWi b_c_jWY_ed[i [YedÂŒc_YWi gk[ j[d‡Wd bWi fWh# j_ZWi fh[ikfk[ijWh_Wi$
BW Feb_Y‡W 9eckd_jWh_W Yedj_d‘W Yed ik fhe]hWcW Z[ fh[l[dY_Œd o YWfWY_# jWY_Œd ieXh[ i[]kh_ZWZ Y_kZWZWdW$ 7b cec[dje i[ h[Wb_pWd Y^WhbWi ieXh[ bW kj_b_pWY_Œd Z[ bWi WbWhcWi Ye# ckd_jWh_Wi W bei ^WX_jWdj[i Z[ bei Z_\[h[dj[i XWhh_ei Z[ bW Y_kZWZ" i[]‘d i[ _d\eh# cŒ Z[iZ[ [b Z[fWhjWc[dje YeehZ_dWZeh$
Ä“ĹŠ -ĹŠ#+ĹŠ 4-(!(/(.ĹŠ"#ĹŠ 11 ĹŠ 2#ĹŠ1# +(9 ĹŠ+ ĹŠ. 1 Ä“ĹŠ
BW \kdY_edWh_W [nfb_YŒ gk[ i[ ^_Y_[hed Zei YedjhWjei$ Kde fWhW bWi WZ[YkWY_ed[i Z[ bW fWhj[ \‡i_YW o bW ejhW fWhW bW YecfhW Z[ ck[Xb[i" fk[i i[h| jejWbc[dj[ [gk_fWZe o Yed j[Y# debe]‡W Z[ fkdjW$
FWhW jhWXW`Wh [d bW WYh[# Z_jWY_Œd Z[ bWi YWhh[hWi" i[ h[kd_[hed bWi ;iYk[bWi Z[ :_i[‹e Z[b I?D7FK9;" [d bW Kd_l[hi_ZWZ J[YdebŒ]_YW ;gk_deYY_Wb [d Gk_je$ BWi I[Z[i0 7cXWje" IWdje :e# c_d]e" ;ic[hWbZWi" Gk_je [ ?XWhhW i[ `kdjWhed fWhW WlWdpWh Yed [b c[dY_edWZe fheo[Yje1 ZedZ[ WYkZ_[hed '. kd_l[hi_ZWZ[i Z[b fW‡i Z[ Y_kZWZ[i Yece0 =kWoWgk_b" Gk_je" 9k[dYW" Be`W$ 9ed [bbe i[ be]hŒ Yedieb_ZWh bW h[Z Z[ Wfeoe WZ`kdjWdZe Wb jhWXW`e" kd Xbe] o kdW f|]_# dW m[X [d bW YkWb i[ h[ikc[ [b fbWd Z[ bWi WYj_l_ZWZ[i gk[ i[ Z[iWhhebbWd$
Ä…
Ĺ? ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ĹŠ +(23 -ĹŠ! ,/ Â ĹŠ
Ĺ—ĹŠ ĹŠĹŠBW :_h[YY_ÂŒd Fhel_dY_Wb Z[ IWbkZ" bWi Ă›h[Wi Z[ IWbkZ o
iki Kd_ZWZ[i Ef[hWj_lWi j_[# d[d b_ije [b fbWd Z[ _dj[hl[d# Y_ÂŒd [d bW pedW Z[b ikXjhÂŒf_# Ye fWhW [l_jWh [d\[hc[ZWZ[i ]h_fWb[i o Z[ Z[d]k[ [d [ijW j[cfehWZW$ ;b fbWd Z[ [c[h][dY_W i[ Wfb_YWh| [d bWi pedWi hkhWb[i Z[ ?XWhhW$ 7Z[c|i Z[ B_jW" BW 9Wheb_dW o bW pedW Z[ ?djW]$
ĹŠĹŠ +ĹŠ . (#1-.ĹŠ 1.5(-!( +ĔŊ (-5(13(¢Ŋ#-ĹŠ#+ĹŠ Ä‰Ä‡ÄˆÄˆÄ”ĹŠÄˆÄˆĹŠ,(++.-#2ĹŠ ÄŽÄˆÄŽĹŠ"¢+ 1#2ĔŊ#-ĹŠ#+ĹŠ ;1# ĹŠ5( +Ä“
¥ ēŊ Ŋ2(34 !(¢-Ŋ5( +Ŋ#-Ŋ+ Ŋ/1.5(-!( Ŋ"#Ŋ , 41 Ŋ#2Ŋ!.,/+(! " ĔŊ Ŋ/#2 1Ŋ"#Ŋ#++.Ŋ2#Ŋ3(#-#Ŋ!.-31.+ ".Ŋ%1 -Ŋ/ 13#Ŋ"#+Ŋ/1. +#, ēŊ
-Ĺ‹&&/0# -Ĺ‹0/ &0 (Ĺ‹ 4). ,Ĺ‹ & -Ĺ‹0v -Ĺ‹ (Ĺ‹& Ĺ‹*,)0#( # Ĺ‹ +ĹŠ/1. +#, ĹŠ5( +ĹŠ#-ĹŠ+ ĹŠ/1.5(-!( ĹŠ2#ĹŠ 11 231 ĹŠ"#2"#ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄˆÄ“ĹŠ ĹŠ/#2 1ĹŠ"#ĹŠ3.".ĔŊ+.2ĹŠ(-5.+4!1 ".2ĹŠ"(!#-ĹŠ3#-#1ĹŠ!.-31.+ " ĹŠ+ ĹŠ 2(34 !(¢-Ä“ ŊěŊ;b \k[hj[ j[cfehWb _dl[h#
(23#, ĹŠ"#ĹŠ (#%.ĹŠ , 404~ĹŠ! 2(ĹŠ+(23.
Bei jhWXW`ei Z[ h[^WX_# b_jWY_ÂŒd [d [b i_ij[cW Z[ WYk[ZkYje [d 7cXkgk‡" cWhY^Wd feh Xk[d YWc_de$ BW _d\hW[ijhkYjkhW gk[ i[ ZW‹Œ [d WXh_b Z[b (&''" [ij| b_ijW fWhW Ă’dWb[i Z[ [ij[ c[i$ 7i‡ be YedĂ’hcÂŒ MWi^_d]jed 7h_Wi" :_h[Yjeh Z[ H_[]e o :h[dW`[ Z[ bW PedW '
dWb gk[ YW[ ieXh[ ?XWhhW" lk[bl[ Wfh[dZ[h bWi WbWhcWi [djh[ bWi Wkjeh_ZWZ[i Z[ bW h[]_ÂŒd$ :[iZ[ bW =eX[hdWY_ÂŒd Z[ ?cXWXkhW" Wi[]khWd gk[ bei h[Ykhiei Z[ bW [c[h][dY_W l_Wb Z[Yh[jWZW [d [b (&''" W‘d de bb[]Wd W bW fhel_d# Y_W$ ÆJeZWl‡W de [ij| [b Z[i[cXebie Z[ bW Z[YbWhWjeh_W Z[ [c[h][dY_W gk[ i[ h[Wb_pÂŒ feh [b _dl_[hde Z[b (&''Ç" Yec[djW bW ]eX[hdWZehW =WXh_[bW H_lWZ[d[_hW$ ;d kd b_][#
he h[Yehh_Ze" ^[Y^e feh kd [gk_fe Z[ BW >ehW" i[ YecfheXÂŒ gk[ ^Wo lWh_Wi l‡Wi gk[ [cf_[pWd W Z[j[# h_ehWhi[$ BW ?XWhhW" 7‹WifWcXW" OkhWYhkp" [i kdW Z[ [bbWi$ Bei Xk[dei eĂ’Y_ei o ][ij_ed[i i[ [ij|d ^WY_[dZe Wb cec[dje Yed bW I[Yh[jWh‡W Z[ =[ij_ÂŒd Z[ H_[i]ei$ ;b eX`[j_le [i WYjkWh Z[ cWd[hW Yed`kdjW Yed [b h[ije Z[ _dij_jkY_ed[i o [l_jWh bei Z[iWi# jh[i gk[ [b W‹e fWiWZe i[ l_l_ÂŒ$ 7Zh_WdW I|dY^[p" ^WX_jWdj[ Z[ bW 9eckd_ZWZ Z[ 7‹WifWc#
XW" Wi[]khÂŒ gk[ [b cWb [ijWZe Z[ bWi l‡Wi b[i f[h`kZ_YW$ ÆJ[d[cei i[h_ei _dYedl[d_[dj[i fWhW iWYWh dk[ijhei fheZkYjei Wb c[hYWZe$ Dei jeYW kj_b_pWh ejhWi l‡Wi gk[ dei h[jhWiWdÇ" [nfb_YÂŒ$ Iki fWbWXhWi i[ \kdZWc[djWd [d [b l_WYhkY_i gk[ Z[X[d fWiWh Wb]kdei cehWZeh[i Yed bW [c# fh[iW Z[ jhWdifehj[i" bW gk[ [i# feh|Z_YWc[dj[ bb[]W Wb i[Yjeh$ Æ;b cWb [ijWZe Z[ bW l‡Wi b[ _cf_Z[d gk[ bb[]k[d ^WijW c|i Whh_XWÇ" Yec[djW$
31 2ĹŠ5~ 2ĹŠ8ĹŠ. 1 2ĹŠ#,#1%#-3#2
BW fh[eYkfWY_Œd jWcX_ƒd bb[]W W ejhWi Yeckd_ZWZ[i Yece I_]# i_fWcXW [d F_cWcf_he" gk_[d[i jWcX_ƒd [ij|d fh[eYkfWZei Yed [b _dYh[c[dje Z[ bWi bbkl_Wi$ I_d [cXWh]e" FWjh_e @WhWc_bbe" Z_h[Yjeh Z[ l_Wb_ZWZ Z[b =eX_[hde Fhel_dY_Wb Z[b ?cXWXkhW" Wi[]khW gk[ jeZe [ij| YedjhebWZe o i[ [ij| jhWXW`WdZe fWhW ikf[hWh [ijei _d# Yedl[d_[dj[i$ :[ WYk[hZe W bW [lWbkWY_Œd h[Wb_pWZW" ^WijW [b cec[dje i[ j_[d[ [`[YkjWZe [b -& Z[ bWi *& eXhWi [c[h][dj[i gk[ Ykcfb[ [b =F?$ ;ijWi ied fWhj[ Z[ kdW _dl[hi_Œd [if[Y_Wb" Wbh[Z[Zeh Z[ i[_i c_bbed[i +&& c_b ZŒbWh[i$
/ (. -Ĺ‹ (Ĺ‹ (Ĺ‹ (.)(#)Ĺ‹ , Ĺ‹ Ĺ‹ /( #)( , BWi YedijhkYY_ed[i Z[ bei fk[dj[i [d bei XWhh_ei 9ec# fW‹‡W Z[ @[i‘i o IWdjW CWh_W# d_jW [d IWd 7djed_e [ij|d YWi_ j[hc_dWZWi$ BWi eXhWi gk[ W Ă’dWb[i Z[ [ij[ c[i [ijWh|d [d fb[de \kdY_edWc_[dje" \k[hed Yedijhk_ZWi bk[]e Z[b Z[iWijh[ dWjkhWb gk[ ?XWhhW l_l_ÂŒ [d WXh_b Z[ (&''$ ;d bW WYjkWb_ZWZ bei jhW# XW`ei i[ [dYk[djhWd [d kd WlWdY[ Yedi_Z[hWXb[ o fhedje [djhWh|d [d i[hl_Y_e Z[ bei fe#
XbWZeh[i$ ÆL[cei Yed iWj_i\WYY_ÂŒd gk[ bW YedijhkYY_ÂŒd Z[ bei fk[dj[i [ij| W fkdje Z[ YedYbk_h jWb Yece dei fhefki_ceiÇ" Ye# c[djÂŒ :_[]e =WhY‡W" fh[\[Yje Z[ ?cXWXkhW" [d kd h[Yehh_Ze gk[ ^_pe feh bWi pedWi W\[YjW# ZWi$ 7YjkWbc[dj[ bei cehWZeh[i Z[ [ijei i_j_ei Z[X[d WjhWl[iWh W f_[ bW Gk[XhWZW I[YW" gk[ WjhWl_[iW bei XWhh_ei Z[ JWd# ]kWh‡d o IWdje :ec_d]e$
Ä“ĹŠ 23 ĹŠÄƒ- +#2ĹŠ"#ĹŠ#23#ĹŠ,#2ĹŠ2#ĹŠ3(#-#ĹŠ/1#5(23.ĹŠ#+ĹŠ$4-!(.- ,(#-3.ĹŠ"#ĹŠ+.2ĹŠ /4#-3#2ĹŠ#-ĹŠ -%4 1~-
4)#1ĹŠ"#-4-!( ĹŠ ĹŠ4-ĹŠ% 5(+;-ĹŠ
- ĹŠ,4)#1ĹŠ"#ĹŠÄ?Ä?ĹŠ  .2ĹŠ"#-4-!(¢Ŋ -3#ĹŠ+ ĹŠ .+(!~ ĹŠ 1%#-3(- ĹŠ +ĹŠ% 5(+;-ĹŠ"#ĹŠ4-ĹŠ5#!(-.ĔŊ +ĹŠ04#ĹŠ !42¢Ŋ"#ĹŠ' #1ĹŠ 2#2(- ".ĹŠ ĹŠ24ĹŠ+.1.ĔŊ2#%ĂŒ-ĹŠ!.-23 ĹŠ#-ĹŠ+.2ĹŠ1#%(231.2ĹŠ"#ĹŠ+ ĹŠ/1#2#-3 !(¢-ĹŠ04#ĹŠ++#%¢Ŋ ĹŠ(-23 -!( ĹŠ)4"(!( +ĔŊ(-$.1Äą , 1.-ĹŠ,#"(.2ĹŠ+.! +#2Ä“ +ĹŠ'#!'.ĹŠ2#ĹŠ1#%(231¢Ŋ#-ĹŠ#+ĹŠ/. + ".ĹŠ"#ĹŠ -ĹŠ .2_ĹŠ"#ĹŠ #3;-ĔŊ#-ĹŠ+ ĹŠ/1.5(-!( ĹŠ-.13# Ŋ"#ĹŠ +3 ĔŊ!4 -".ĹŠ 4(2 ĹŠ #1-;-"#9ĹŠ2#ĹŠ/1#2#-3¢Ŋ#-ĹŠ4- ĹŠ!.,(2 1~ ĹŠ/ 1 ĹŠ"#-4-!( 1ĹŠ8ĹŠ/#"(1ĹŠ+ ĹŠ"#3#-!(¢-ĹŠ"#+ĹŠ% 5(+;-ĹŠ/.1ĹŠ+ ĹŠ,4#13#ĹŠ"#ĹŠ 24ĹŠ+.1.ĔŊ++ , ".ĹŠ #"1(3.Ä“
.2ĹŠ/.+(!~ 2ĹŠ3., 1.-ĹŠ+ ĹŠ!41(.2 ĹŠ"#-4-!( ĹŠ8ĹŠ+ ĹŠ"#1(5 1.-ĹŠ ĹŠ+ ĹŠ (2! +~ ĹŠ-ĂŒ,#1.ĹŠÄˆĹŠ"#ĹŠ #3;-ĔŊ ĹŠ! 1%.ĹŠ"#ĹŠ #1%(.ĹŠ 23#++ -.2ĔŊ04(#-ĹŠ 1!'(5¢Ŋ+ 2ĹŠ !34 !(.-#2ĔŊ/1#!(2¢Ŋ#+ĹŠ/#1(¢"(!.ĹŠ ;%(- ÄľÄˆÄ‰Ä“
Ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? Ĺ? ÄĄ
(-.ĔŊ 4#-.ĹŠ' 23 ĹŠ / 1 ĹŠ+.2ĹŠ,.-.2ĹŠ 7BC7JO" 7<F Ă• Bei cedei Z[ kd `WhZ‡d peebÂŒ]_Ye Z[ AWpW`_i# j|d X[X[d kdW c[pYbW YWb_[dj[ Z[ \hkjW" c_[b" b_cÂŒd" Wp‘YWh o l_de ZkbY[" be YkWb Æ[d _dl_[h# de" bei fhej[][ Z[ bWi _d\[YY_e# d[i l_hWb[i Z[b i_ij[cW h[if_# hWjeh_eÇ" _dZ_YÂŒ kdW leY[hW Z[b [ijWXb[Y_c_[dje$ Æ;d [ij[ peebÂŒ]_Ye" ZWcei l_de W bei cedei fehgk[" [d _dl_[hde" bei fhej[][ Z[ bWi _d# \[YY_ed[i l_hWb[i Z[b i_ij[cW h[if_hWjeh_eÇ" Z[YbWhÂŒ Il[jbWdW F_b_ka$ ÆBei fh_cWj[i ied Yece bei ^ecXh[i$ 8[X[d Yed ]kije X[#
X_ZWi WbYe^ÂŒb_YWi$ B[i ]kijWd o Wb]kdei ^WijW WXkiWd Z[ [bbWi" X[X_[dZe lWh_Wi l[Y[i Wb Z‡WÇ" W]h[]ÂŒ bW \kdY_edWh_W Z[b `Wh# Z‡d peebÂŒ]_Ye Z[ AWhW]WdZW Y[djhe $ ÆBW X[X_ZW i[ fh[fWhW Wi‡0 fed[cei [d kdW YWY[hebW kdW Xej[bbW Z[ l_de j_dje AW]eh" Yed f[ZWpei Z[ \hkjW" c_[b" b_cÂŒd o Wp‘YWh o bW ^[hl_ceiÇ" [nfb_# YÂŒ$ BW j[cf[hWjkhW [nj[h_eh [d AWhW]WdZW [ij[ l_[hd[i [hW Z[ #)) ]hWZei Y[dj‡]hWZei" f[he [d [b bk]Wh ZedZ[ i[ [dYedjhW# XWd bei cedei ^WY‡W !(- ]hW# Zei Y[dj‡]hWZei$
Ä“ĹŠ ..", -ĹŠ)4-3.ĹŠ ĹŠ24ĹŠ-.5( Äą'() ĹŠ # 3'#1Ä“ĹŠ
Ĺ‹ Ĺ‹ Ĺ‹ Ĺ‹
.'-Ŋ ..", -ĔŊ/ 1 Ŋ/1.3#%#1Ŋ24Ŋ$.134- ĔŊŊ' Ŋ "#!("(".Ŋ "./3 1Ŋ Ŋ24Ŋ!'(! ĔŊ # 3'#1Ŋ 142.Ŋ 43!'(-2ēŊ
ZWZe feh B_b_ o M_bb_Wc M_bied Z[ ck[hj[ feh d[]b_][dY_W feh [b WYY_Z[dj[ [d [b gk[ ckh_ÂŒ ik ^_`e Z[ () W‹ei [d \[Xh[he Z[ (&'&$ I[]‘d bW Feb_Y‡W Z[ FWbc 8[W# Y^" [b c_bbedWh_e de i[ Z[jkle [d kdW i[‹Wb Z[ FWh[" o" Yece h[ikbjWZe" ik l[^‡Ykbe _cfWYjÂŒ Yed [nY[ie Z[ l[beY_ZWZ YedjhW [b gk[ cWd[`WXW [b `el[d \Wbb[# Y_Ze$ Ejhei h[fehj[i Z[ YWdWb[i be# YWb[i _dZ_YWhed gk[ =eeZcWd i[ Z_e W bW \k]W jhWi [b Y^egk[$ Kd `k[p Z[ FWbc 8[WY^" =b[dd A[bb[o" ^WX‡W Z[j[hc_# dWZe fh[l_Wc[dj[ gk[ [b \edZe Z[ ^[h[dY_W gk[ ^WX‡W Yh[WZe =eeZcWd fWhW iki Zei ^_`ei c[deh[i Z[ [ZWZ de feZ‡W Yed# i_Z[hWhi[ fWhj[ Z[ bW \ehjkdW Z[b c_bbedWh_e [d YWie Z[ gk[ [b 1. +#, 2ĹŠ+#% +#2ĹŠ =eeZcWd" \kdZWZeh Z[b 9bkX `khWZe YedY[Z_[hW kdW _dZ[cd_# ?dj[hdWY_edWb Z[ Febe FWbc 8[W# pWY_ÂŒd W bei M_bied$ Y^ [d M[bb_d]jed" [ij| Z[cWd# ?7C?" 7<F Ă• ;b c_# bbedWh_e \kdZWZeh Z[ kd YbkX Z[ febe [d ;ijWZei Kd_Zei Z[Y_Z_ÂŒ WZefjWh W ik del_W Yece ^_`W" fWhW fhej[][h ik \ehjkdW [d kd `k_Y_e Wb gk[ i[ [d\h[djW feh kd WYY_Z[dj[ Wkjecel_b‡ij_Ye [d [b gk[ ckh_ÂŒ kd `el[d Z[ () W‹ei" _d\ehcÂŒ bW fh[diW beYWb [d <beh_ZW ikh[ij[ $ @e^d =eeZcWd WZefjÂŒ b[]Wb# c[dj[ [d eYjkXh[ Z[b W‹e fWiW# Ze [d [b YedZWZe Z[ C_Wc_ :WZ[ W ik del_W Z[iZ[ (&&/" >[Wj^[h BWhkie >kjY^_di" kdW WjhWYj_lW hkX_W Z[ *( W‹ei" _dZ_YWhed Ze# Ykc[djei `kZ_Y_Wb[i h[l[bWZei feh [b Z_Wh_e edb_d[ J^[ FWbc 8[WY^ Feij$
Ä ĹŠ2 +(" Ä&#x;ĹŠ
F[he W^ehW gk[ >kjY^_di [i ik ^_`W WZefjWZW j_[d[ Z[h[Y^e W feh be c[dei kd j[hY_e Z[ bei WY# j_lei Z[ [i[ \edZe o Z[ [iW \ehcW =eeZcWd Yk[djW Yed bW fhej[Y# Y_ÂŒd Z[ [iei X_[d[i Wdj[i gk[ [d cWhpe [cf_[Y[ kd `k_Y_e Y_l_b [d ik YedjhW$ 7Z[c|i" bW cWd_eXhW b[ f[hc_j[ YedjWh Yed Z_d[he [d [ij[ cec[dje [d gk[ iki fhef_[# ZWZ[i [ij|d [d bW f_YejW `kZ_Y_Wb$ BW [ijhWj[]_W Z[b WYkiWZe \k[ lW# behWZW feh bei WXe]WZei Z[b YWie Yece Æi_d fh[Z[Y[dj[Ç" c_[djhWi [b `k[p A[bb[o bW YWb_Ă’ YÂŒ Z[ Æik# hh[Wb_ijWÇ" h[YedeY_[dZe gk[ Z[`W W bW 9ehj[ [d kd b_cXe b[]Wb$ Feh W^ehW i[ [if[hW gk[ ejhW _dijWd# Y_W `kZ_Y_Wb i[ fhedkdY_[ ieXh[ bW lWb_Z[p Z[ [ijW `k]WZW$ ĹŠ ĹŠ 1 ĹŠ+ ĹŠ2#!!(¢!41(.2.Äž+ '.1 Ä“!.,Ä“#!
Ä“ĹŠ 23#ĹŠ,.-(3.ĹŠ"(2$143 ĹŠ"#ĹŠÄĽ+ ĹŠ # (" ĹŠ"#ĹŠ+.2ĹŠ"(.2#2ÄŚ
#1./4#13.Ŋ!.-Ŋ 2 + Ŋ"#Ŋ8.% Ŋ BEI ÛD=;B;I" 7<F Õ BW
fei_Y_ÂŒd Z[ beje oW de [ij| h[i[hlWZW W bei [ijkZ_ei [i# f[Y_Wb_pWZei e bei Y[djhei Z[# fehj_lei0 [b W[hefk[hje Z[ IWd <hWdY_iYe _dWk]khÂŒ kdW iWbW Z[ oe]W" WYY[i_Xb[ fWhW jeZei bei fWiW`[hei gk[ Z[i[Wd Z[# Z_YWhi[ W bW ÆYedj[cfbWY_ÂŒd o bW h[Ă“ [n_ÂŒdÇ Wdj[i Z[ WXehZWh kd Wl_ÂŒd$ 9Wb_\_YWZW Yece Æfh_c[# hW [d ik ]ƒd[heÇ" [ijW iWbW Z[ oe]W \k[ _dijWbWZW [d bW Ă“ WcWdj[ J[hc_dWb ( Z[b W[# hefk[hje Z[ IWd <hWdY_iYe 9Wb_\ehd_W" e[ij[ Z[ ;;$KK$ " `kije bk[]e Z[ bei Yedjheb[i Z[ i[]kh_ZWZ o Y[hYW Z[ bW pedW h[i[hlWZW fWhW [b Z[iYWdie Z[ bei fWiW`[hei$ Æ9kWdZe Yec[dpWcei W h[Z_i[‹Wh bW J[hc_dWb (" kde
Z[ dk[ijhei eX`[j_lei [hW de iebe Z[lebl[hb[ [b ]bWcekh W bW [nf[h_[dY_W Z[b l_W`[he" i_de WZ[c|i Yedl[hj_h [b fheY[ie [d kdW [nf[h_[dY_W c[dei [ijh[iWdj[ o c|i W]hWZWXb[Ç" Z[YbWhÂŒ [d kd Yeckd_YWZe @e^d B$ CWhj_d" Z_h[Yjeh Z[b W[hefk[hje$ Æ9ed bW Wf[hjkhW Z[ bW iWbW Z[ oe]W" [b W[hefk[hje Z[ IWd <hWdY_iYe ZW kd dk[le fWie Z[ ]_]Wdj[ fWhW e\h[Y[h W bei fWiW`[hei bW efehjkd_ZWZ o [b [ifWY_e fWhW h[bW`Whi[ Yece be Z[i[[dÇ" W]h[]ÂŒ$ BW dk[lW iWbW" Z[ Yebeh Wpkb" [ij| i[‹Wb_pWZW [d jeZe [b W[hefk[hje c[Z_Wdj[ YWh# j[b[i gk[ _dZ_YWd bW kX_YWY_ÂŒd Z[b ĂˆOe]W HeecÉ Yed bW [ij_b_# pWZW _cW][d Z[ kdW f[hiedW [d fei_Y_ÂŒd Z[ beje$
§ ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
23 ,.2Ŋ 5#Ĺ 1(%4 -".Ŋ2(Ŋ#-Ŋ +.2Ŋ"#2+ 5#2Ŋ 04#Ŋ.!411(#1.-Ŋ#-Ŋ 1(+Ŋ/ 2 ".ĔŊ3(#-#-Ŋ (-ĄŊ4#-!( Ŋ+ 2Ŋ -3#Ĺ 1 2Ŋ8Ŋ2(Ŋ#7(23#Ŋ.,(Ĺ 2(¢-Ŋ.Ŋ".+.Ģ
.Ŋ' 8Ŋ- " Ŋ ,;2Ŋ3#11( +#Ŋ 04#Ŋ+ Ŋ (%-.1 -!( Ŋ #-Ŋ !!(¢-Ģē Ŋ Ô Ŋ
ĹŠ ^ ĹŠ ĹŠ ĹŠ ĹŠ
/.8.ĹŠ ĹŠ+.2ĹŠ#2!1(3.1#2
9WkiW iehfh[iW iWX[h gk[" YedjhWh_e W be gk[ i[ fh[]edW [d bWi YWcfW‹Wi Z[ b[YjkhW" Yece ÆGk_je b[[Ç o ejhWi" Wkif_Y_WZWi feh bei C_d_ij[h_ei Z[b hWce gk[ ^WXbWd" \[Xh_bc[dj[" ieXh[ bW _cfehjWdY_W Z[ bW b[YjkhW" bWi ?dij_jkY_ed[i [ZkYWj_lWi Z[b fW‡i" jWdje fh_cWh_Wi Yece i[YkdZWh_Wi j_[d[d fhe^_X_Ze ieb_Y_jWh b_Xhei W bei [ijkZ_Wdj[i" ie f[dW Z[ i[l[hWi iWdY_ed[i$ Bei ‘d_Yei gk[" Yece i_[cfh[" ^Wd iWb_Ze ]WdWdZe ied bei cWYhe#[cfh[iWh_ei" Zk[‹ei Z[ _dc[diWi _cfh[djWi" [Z_jeh_W# b[i [ _dYWbYkbWXb[i \ehjkdWi gk[" W fh[j[nje Z[b ÆFbWd B[YjehÇ" Yec[hY_Wb_pWd bWi eXhWi Yed Æe\[hjWiÇ dWZW Yecf[j_j_lWi gk[ h_][d fWhW ÆjeZe [b W‹e b[Yj_leÇ" fh_dY_fWbc[dj[ [d bei [ijWXb[Y_c_[djei fWhj_YkbWh[i$ CWh]_dWd" Yece [i eXl_e" W bei [iYh_jeh[i gk[ i_d d_d]‘d j_fe Z[ Wfeoe o W XWi[ Z[ ckY^e j[iÂŒd o iWYh_Ă’ Y_e" fkXb_YWcei dk[ijhWi eXhWi$ Ied [ijWi ckbj_dWY_edWb[i bWi gk[ Yed iki WXkdZWdj[i h[Ykhiei [YedÂŒc_# Yei" cWj[h_Wb[i o ^kcWdei" ce# defeb_pWd [d \ehcW Z[ib[Wb bW Z_ijh_XkY_ÂŒd o Yec[hY_Wb_pWY_ÂŒd Z[ jeZe j_fe Z[ eXhWi b_j[hWh_Wi$ 9ece iWX[cei" Æ[b f[p ]hWdZ[ i[ Yec[ Wb f[gk[‹eÇ$ (.+ ĹŠ 11#1 ĹŠ +#,; Ä“ Ä“ĹŠÄˆÄ?ćĉÄ?ćÄ?Ä?ĈČ
!#1ĹŠ)423(!( ĹŠ
>W bb[]WZe [b cec[dje Z[ h[Ă“ [n_edWh$ ;b Y_kZWZWde de fk[Z[ i[h kd [iYbWle Z[b feb‡# j_Ye Z[ jkhde" [i kd i[h gk[ de fk[Z[ jeb[hWh gk[ [d ik fW‡i [b feZ[h Yehhkfje i[W ikf[h_eh W bWi b[o[i" l_[dZe gk[ Wgk[b gk[ heXW de Z[lk[bl[ be heXWZe" d_ h[Wb_pW d_d]‘d i[hl_Y_e ieY_Wb W kdW ieY_[ZWZ W bW gk[ ^W Z_bWf_# ZWZe$ Feh ejhW fWhj[" [b Y_kZW# ZWde jWcfeYe fk[Z[ i[dj_hi[ jWd feXh[ gk[ i[ l[W d[Y[i_jWZe W l[dZ[hi[$ Be `kije [i ^WY[h `kij_Y_W$ Fh[Y_iWcei" fk[i" Yed YWh|Yj[h kh][dj[0 i[hl_Zeh[i [d ]kWhZ_W" o de ]kWhZ_Wd[i feb‡j_# Yei c_hWdZe feh iki X[d[Ă’ Y_ei$ ~!3.1ĹŠ .1!. ĹŠ #11#1. !.1!. Äž3#+#$.-(! Ä“-#3 ĹŠ ĹŠ ĹŠ Ä– ! 13 2 +"(1#!3.1Äž+ '.1 Ä“!.,Ä“#! 2(++ ĹŠÄˆÄ?ĈÄ?Ä‰ÄŒÄŠĹŠ ĹŠ.ĹŠ!4 +04(#1 ĹŠ "#ĹŠ-4#231 2ĹŠ %#-!( 2Ä“ #04(2(3.2Ä–ĹŠ ., 1#2ĹŠ8ĹŠ /#++(".2ĹŠ!.,/+#3.2Ä—ĹŠ-ĂŒ,#Äą 1.ĹŠ"#ĹŠ _"4+ Ä—ĹŠ3#+_$.-.ĹŠÄ¸ÄƒĹŠ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
5 Ĺ‹ Ĺ‹
(&'( Yec[dpÂŒ Yed [b Yeckd_YWZe Z[ HeZh_]e ;Y^[l[hho BedZe‹e" Wb_Wi ĂˆJ_ceY^[daeÉ" YecWdZWdj[ Z[ bWi <7H9" [d [b gk[ _dijWXW Wb =eX_[hde YebecX_Wde W [djWXbWh dk[lWc[d# j[ kd Z_|be]e$ BW h[WYY_ÂŒd ][d[hWb \k[ [n_]_hb[ Wb ]hkfe ]k[hh_bb[he ^[Y^ei YedYh[jei Z[ fWp$ I_d [cXWh]e" YedjhWh_e W be gk[ i[ [if[hWXW" bW _dikh][dY_W i_]k[ [d ik feb‡j_YW Z[ WjWYWh W bW feXbWY_ÂŒd Y_l_b o i[cXhWh [b j[hheh$ @kije [b Z‡W [d [b gk[ WdkdY_Whed bW ikif[d# i_ÂŒd Z[ bW b_X[hWY_ÂŒd Z[ i[_i kd_\ehcWZei" Wi[i_# dWhed W '' f[hiedWi o Z[`Whed dkc[heiei ^[h_# Zei [d JkcWYe DWh_‹e Yed kdW cejeY_Yb[jW YWh]WZW Z[ [nfbei_lei$ 7b Z‡W i_]k_[dj[" ejhWi - f[hiedWi ckh_[hed [d ejhei Zei Wj[djWZei [d i[dZWi feXbWY_ed[i$ BWi <7H9" Wb fWh[Y[h" ^Wd Z[Y_Z_Ze ^WY[h kdW Z[ceijhWY_ÂŒd Z[ \k[hpW" Yece fWhW Z[Y_h ĹŠ ĹŠ
&Ĺ‹ š #!)Ĺ‹ ),!6(# )Ĺ‹ #(. !, &Ĺ‹* ( & BW 9edij_jkY_ÂŒd l_][dj[ WfheXW# ZW [d Cedj[Yh_ij_ o hWj_\_YWZW [d bWi khdWi feh [b fk[Xbe [YkWjeh_Wde" Z[\_d[ Wb ;YkWZeh Yece kd ;ijWZe 9edij_jkY_edWb Z[ Z[h[Y^ei o `kij_Y_W$ IeXh[ bW XWi[ Z[ [ij[ [if‡h_jk" jeZW bW b[]_ibWY_ÂŒd i[YkdZWh_W o eXl_Wc[dj[ bW f[dWb" Z[X[ cWdj[d[h YedYehZWdY_W Yed bWi dehcWi Yedij_jkY_edWb[i$ BW b[]_ibWY_ÂŒd f[dWb [YkWjeh_WdW i[ ^W YWhWYj[h_pWZe jhWZ_Y_edWbc[dj[ feh ik Z_if[hi_ÂŒd" \WbjW Z[ WYjkWb_pWY_ÂŒd o ^W i_Ze iec[j_ZW W _d\_d_ZWZ Z[ h[\eh# cWi" Yedl[hj_ZWi [d fWhY^[i" ZedZ[ i[ ^Wd _cfh[ie bei c|i lWh_WZei Yh_# j[h_ei [ _dj[h[i[i Z[ i[Yjeh[i feb‡j_Yei
gk[ [ij|d l_lei$ C_[djhWi jWdje" [d ;YkWZeh i[ i_]k[d Z[i# YkXh_[dZe YWh]Wc[djei Z[ WhcWi Yed Z[ij_de W bei ikXl[hi_lei$ ?dYbkie i[ ^WbbÂŒ [d Gk_je kd jWbb[h ZedZ[ i[ \WXh_YWXWd WhcWc[djei fWhW bW ]k[hh_bbW$ BW i[cWdW fWiWZW i[ YedeY_ÂŒ gk[ kd ]hkfe Z[ feb_Y‡Wi [YkWjeh_Wdei l_e '( ]k[hh_bb[# hei [d IkYkcX‡ei" f[he de ^kXe [d\h[djWc_[d# jei$ ;d Z_Y_[cXh[" bWi Wkjeh_ZWZ[i Z[jkl_[hed W Y_dYe c_[cXhei Z[ bWi <7H9" [d kdW pedW \hed# j[h_pW$ O [b fhef_e c_d_ijhe Z[ :[\[diW @Wl_[h FedY[" h[YedeY_ÂŒ h[Y_[dj[c[dj[ bW Ăˆfh[i[dY_W _dj[hc_j[dj[É Z[ bei h[X[bZ[i [d ;YkWZeh$ ;i Z[Y_h" [ij|d [djh[ deiejhei gk[" Z[ifh[e# YkfWZei" i[]k_cei ieij[d_[dZe Yece Xk[dei ieY_Wb_ijWi gk[ de ied j[hheh_ijWi W f[iWh Z[ YedeY[h Z[ iki Yhk[b[i WjWgk[i o i[Yk[ijhei$ ;djedY[i" Âľgkƒ ied o gkƒ dei [if[hW5
gk[ de ^Wd f[hc_j_Ze bW WZ[YkWZW i_i# j[cWj_pWY_ÂŒd o Whced_pWY_ÂŒd Z[ [ijWi dehcWi `kh‡Z_YWi$ ;b 9ÂŒZ_]e F[dWb" bW B[o Z[ ;`[YkY_ÂŒd Z[ F[dWi" [b 9ÂŒZ_]e Z[ FheY[Z_c_[dje F[dWb o ejhWi b[o[i Z[iYed[nWi" ^Wd i_Ze eX`[je Z[ [ijW h[Wb_ZWZ$ ;d [b Z[XWj[ b[]_ibWj_le Z[ ehZ[d `kh‡Z_Ye o feb‡j_Ye W be bWh]e Z[b j_[cfe" i[ ^Wd [nfk[ije j[i_i [njh[cWi fWhW [b YWij_]e Z[b Z[b_je" gk[ lWd Z[iZ[ [b heXe [d c[deh YkWdj‡W j_f_\_YWZe Yece kdW i_cfb[ YedjhWl[dY_ÂŒd" ^WijW bWi WdWYhÂŒ# d_YWi feijkhWi Z[ bW Z[h[Y^W d[eb_X[hWb Z[ Wfb_YWh bW YWZ[dW f[hf[jkW o bW f[dW Z[ ck[hj[1 YkWdZe X_[d iWX[cei gk[ ÆbW YWb[djkhW de [ij| [d bWi i|XWdWiÇ$ Feh ejhe bWZe bW _di[]kh_ZWZ" YWb_\_YWZW Yece bW fheXb[c|j_YW c|i ]hWl[ Z[b fW‡i#bW Z[b_dYk[dY_W" [b Yh_c[d eh]W# d_pWZe" [b f[h\[YY_edWc_[dje Z[b Z[b_je" [b i_YWh_Wje" [b i[Yk[ijhe [nfhƒi o ejhWi \ehcWi Z[ Z[b_dgk_h ^WY[d Z[ bWi ikoWi [d dk[ijhW ieY_[ZWZ$ ;d c[Z_e Z[ [ij[ bWY[hWdj[ [iY[# dWh_e" i[ `kij_\_YW fb[dWc[dj[ gk[ bW 9ec_i_ÂŒd Z[ @kij_Y_W o ;ijhkYjkhW Z[b ;ijWZe Z[ bW 7iWcXb[W B[]_ibWj_lW WYjkWb" _d_Y_[ bW ieY_Wb_pWY_ÂŒd Z[b Z[XWj[
fWhW kdW WZ[YkWZW YeZ_\_YWY_Œd" WYjkW# b_pWY_Œd o Whced_pWY_Œd Z[ bW b[]_ibW# Y_Œd f[dWb [YkWjeh_WdW" [dYWc_dWZW W be]hWh bW YedijhkYY_Œd Z[ kd 9ŒZ_]e Eh]|d_Ye ?dj[]hWb F[dWb gk[ \WY_b_j[ bW bWXeh Z[ <_iYWb[i" 9ehj[i" CW]_ijhWZei" IWbWi [if[Y_Wb_pWZWi o @k[Y[i Z[ Z_l[hiW ‡dZeb[ [d bW Wfb_YWY_Œd Z[ bW @kij_Y_W$ BW Kd_l[hi_ZWZ JƒYd_YW Z[b Dehj[" f[i[ W de YedjWh Yed 9Whh[hW Z[ :[h[Y^e" ^W i_Ze bW Wd\_jh_edW fWhW [b \ehe [dYWc_dWZe W Z[ceYhWj_pWh [b Z[XWj[ ieXh[ [ijW _cfehjWdj[ cWj[h_W `kh‡Z_YW o feb‡j_YW$ I[ Z[X[ h[b[lWh [b _cfkbie Wb [l[dje ZWZe feh bW WiWc# Xb[‡ijW Yej[hh|d[W CWh_ieb F[‹W\_[b o bW fh[i[dY_W Z[ <[hdWdZe 9ehZ[he" Fh[i_Z[dj[ Z[b FeZ[h B[]_ibWj_le" Yed# ieb_ZWdZe bW fhefk[ijW$ H[Yk[hZe gk[ ^WY[ Wb]kdei W‹ei YkWdZe 9ehZ[he [hW WbYWbZ[ Z[ 9k[dYW" `kdjei YeehZ_dWcei [d bWi 7j[dWi Z[b ;YkWZeh kd ]hWd [l[dje ieY_Wb_# pWdZe bW B[o Z[ ;cfh[iWi F‘Xb_YWi$ <_dWbc[dj[ Z_Y^W B[o oW [i kdW h[W# b_ZWZ o [ij| l_][dj[$ ;if[h[cei Yed efj_c_ice gk[ cko fhedje Yedj[cei oW Yed kd ceZ[hde 9ŒZ_]e Eh]|d_Ye ?dj[]hWb F[dWb$
ĹŠ ĹŠ
Ä? /ZĹ‹()-. &!# ÄŒ F_[die deij|b]_YW [d be Xed_je gk[ i[h‡W h[Y_X_h kdW YWhjW Z[ fk‹e o b[jhW Z[ kd i[h gk[h_Ze" gk[ i[ fk[ZW ]kWhZWh [d kd YW`ÂŒd$ 7^e# hW dei bb[]Wd Xh[l[i Yehh[ei [b[Y# jhÂŒd_Yei o c[diW`[i feh Y^Wj$ BWi YWhjWi ^Wd Z[iWfWh[Y_Ze" Wi‡ Yece Z[iWfWh[Y[h|d bei f[h_ÂŒZ_Yei o h[l_ijWi Yed iefehj[ [d fWf[b o" gk_ƒd iWX[" gk_p| bei b_Xhei$ I_d [cXWh]e" [ije de i_]d_Ă’ YW gk[ bW b[YjkhW lWoW W Z[iWfWh[Y[h" i_de gk[ jWdje Yece [iYh_jkhW i[ j_[d[ gk[ h[Z[Ă’ d_h o WZWfjWh$ Bei Yehh[ei [b[YjhÂŒd_Yei ied c|i _cf[hiedWb[i gk[ bWi YWhjWi" f[he de i[ Z[cehWd o bb[]Wd Yed XWijWdj[ c|i \h[Yk[dY_W$ De [i be c_ice i[dj_h [b ebeh Z[b f[h_ÂŒZ_Ye o e`[Whbe" gk[ h[l_iWh ik l[hi_ÂŒd [d b‡d[W" f[he feYW ][dj[ fk[Z[ jecWhi[ [b j_[cfe Z_i\hkjWh fWk# iWZWc[dj[ Z[b YW\ƒ o Z[b f[h_ÂŒZ_# Ye$ Bei f[h_ÂŒZ_Yei [d ?dj[hd[j i[ WYjkWb_pWd YedijWdj[c[dj[ o dei [i fei_Xb[ [dj[hWhdei Z[ be ikY[Z_# Ze ^WY[ kdei c_dkjei Wb ejhe bWZe Z[b ]beXe$ Bei b_Xhei [b[YjhÂŒd_Yei fWhW ? FWZi o a_dZZb[i feZh‡Wd WhhWiWh Yed bei _cfh[iei$ BW Z_# \[h[dY_W Z[ fh[Y_e o bW \WY_b_ZWZ Z[ eXj[d[hbei i_d _h W kdW b_Xh[h‡W ^Wh|d gk[ bei _cfh[iei gk[Z[d h[ZkY_Zei W Whj‡Ykbei Z[ bk`e o Ye# b[YY_ÂŒd$ I[ f_[hZ[ [b ÆWkhWÇ Z[ bWi YWh# jWi" bei b_Xhei o bei f[h_ÂŒZ_Yei \‡# i_Yei" f[he i[ ]WdW _dc[Z_Wj[p" i[ W^ehhW Z_d[he o i[ iWblWd |hXeb[i$ I[]khWc[dj[ [d [b i_]be NL? i[ c_hÂŒ Yed Z[iYedĂ’ WdpW bei b_Xhei _cfh[iei o i[ W‹ehWhed bei cW# dkiYh_jei$ F[he iebe bW _cfh[djW feZ‡W bb[]Wh W bWi cWiWi" o W^ehW [b ?dj[hd[j fk[Z[ bb[]Wh W cWiWi [dehc[i" Z_if[hiWi" ^[j[he]ƒd[Wi o ]beXWb_pWZWi$ BWi dk[lWi j[Ydebe]‡Wi dei eXb_]Wd W [iYh_X_h o W b[[h Z[ cW# d[hW Z_ij_djW$ ;b YWcX_e i_[cfh[ fheleYW c_[Ze" f[he bW [iYh_jkhW o bW b[YjkhW ied WYj_l_ZWZ[i gk[ ^Wd [lebkY_edWZe o i[ ^Wd h[Z[Ă’ d_Ze YedijWdj[c[dj[ W be bWh]e Z[ bW ^_ijeh_W o" gk_p| `kijWc[dj[ feh [ie f[hcWd[Y[d l_lWi$ (2 #+,#- ĉććĉĞ8 '..Ä“!.,
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 ĹŠ ")4-3
ĹŠ ÂĄ ĹŠ (1#!3.1
ĹŠ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(3.1( +ĹŠ (-.3 41.ĹŠ Ä“ Ä“ 11 Ä–ĹŠ #)~ ŊĊĎćŊ#-31#ĹŠ 4!1#ĹŠ8ĹŠ .! $4#13#Ä“ #+_$.-.ĖŊĉĒĎĹÄ?ĎćĉŊ , (+Ä–ĹŠ( 11 Äž+ '.1 Ä“!.,Ä“#! 3 5 +.Ä–ĹŠ 4!1#ĹŠ#-31#ĹŠ +(- 2ĹŠ8ĹŠ .1 +#2Ä“ ĹŠ #+_$.-.Ä–ĹŠÄ‰Ä’Ä‰ÄąÄŽÄŒÄ?Ä?ĹŠ , (+Ä–ĹŠ.3 5 +.Äž+ '.1 Ä“!.,Ä“#! 4+!;-Ä–ĹŠ 4!1#ĹŠÄ?ĉĉŊ#-31#ĹŠ 8 !4!'.ĹŠ8ĹŠ 4-~-ĔŊĉ".ĹŠ/(2. #+_$.-.Ä–ĹŠÄ‰Ä’Ä‘ÄąÄŒÄ?ÄŒÄ?ĹŠ , (+Ä–ĹŠ34+! -Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠ .Ä“ĹŠÄ?ćĉČ
666ē+ '.1 ē!.,ē#! 23 Ŋ2#!!(¢-Ŋ1#/1#2#-3 Ŋ+ Ŋ./(-(¢-Ŋ"#Ŋ+.2Ŋ#"(3.1#2ēŊ .2Ŋ#2!1(3.2Ŋ"#Ŋ+.2Ŋ !.+ .1 ".1#2Ŋ2¢+.Ŋ!.,/1.,#3#-Ŋ Ŋ242Ŋ 43.1#2Ŋ8Ŋ-.Ŋ1#ĄŊ#) -Ŋ-#!#2 1( Ĺ ,#-3#Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#+Ŋ/#1(¢"(!.ē
Ĺ‹"#-.),# Ĺ‹ Ĺ‹& Ĺ‹') Ĺ‹ -.6Ĺ‹ (Ĺ‹ (.)(#)Ĺ‹ (. Ĺ‹
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ĉ
Ŋ$#1( Ŋ8Ŋ+ Ŋ, 1! Ŋ 1.8#!3.Ŋ ; 1(! Ŋ , 41 ĔŊ$4#1.-Ŋ/1#2#-3 ".2Ŋ#-Ŋ4-Ŋ #5#-3.Ŋ% + -3#ēŊ Ŋ } ŊěŊ8W`e kdW j[dk[
_bkc_dWY_ÂŒd" ^_Y_[hed ik WfWh_# Y_ÂŒd bei XW_bWh_d[i Z[ bW 9ec# fW‹‡W DWY_edWb Z[ :WdpW$ BW eXhW Æ;b 8eb[he Z[ HWl[bÇ" gk[ i_cXeb_pW W bei eXh[hei Z[ kdW \|Xh_YW j[nj_b Z[ Yec_[dpei Z[ i_]be [d ;khefW" WXh_ÂŒ [b j[bÂŒd Z[ kdW l[bWZW bb[dW Z[ ]bWcekh" X[bb[pW [ ^_ijeh_W$ 7bh[Z[Zeh Z[ bWi (&0&& bWi +&& i_bbWi kX_YWZWi [d kdW ]_# ]Wdj[iYW YWhfW [d bW fWhj[ [nj[# h_eh Z[ bW [n<|Xh_YW ?cXWXkhW" [ijWXWd eYkfWZWi$ :[ f_[" Y[hYW Z[ )&& f[hiedWi c|i" de gk_# i_[hed f[hZ[hi[ bei jh[i [l[djei gk[ i[ Yed`k]Whed [d kde" [d [b cWhYe Z[ bWi Ă’ [ijWi Z[ YWdjed_# pWY_ÂŒd Z[ 7djed_e 7dj[$ Fh_c[he \k[ bW fh[i[djWY_ÂŒd Z[ bW cWhYW Z[b fheo[Yje <|# Xh_YW ?cXWXkhW$ Kd i[bbe gk[ i_cXeb_pW bW kd_Ă’ YWY_ÂŒd Z[ [i# \k[hpei Z[ YkWjhe c_d_ij[h_ei o [b Ckd_Y_f_e" fWhW h[iYWjWh [ij[ bk]Wh" kX_YWZe [d bW fWhhegk_W 7dZhWZ[ CWh‡d$
.3#-!( ĹŠ3#73(+
;di[]k_ZW l_de [b Z[iÒ b[ Z[ ce# ZWi$ KdW f[gk[‹W ck[ijhW Z[ be gk[ i[h| bW ;nfeCeZW 7jkdjW# gk_ (&'($ Kd [l[dje eh]Wd_pWZe
ÂĄ Ä“ĹŠ 2ĹŠĂŒ+3(, 2ĹŠ3#-"#-Äą !( 2ĹŠ"#ĹŠ+ ĹŠ,." ĹŠ04#ĹŠ2#ĹŠ,.231 1.-ĔŊ $4#1.-ĹŠ4-ĹŠ 1# .! 2ĹŠ"#ĹŠ+.ĹŠ04#ĹŠ2#1;ĹŠ+ ĹŠ 7/. ." ĹŠ 34-3 04(ĹŠÄ‰Ä‡ÄˆÄ‰Ä“ĹŠĹŠ
feh bW 9|cWhW Z[ 9ec[hY_e Z[ 7djed_e 7dj[" Yed [b Wfeoe Z[ lWh_Wi _dij_jkY_ed[i f‘Xb_YWi$ BW c[`eh ck[ijhW Z[ bW fej[d# Y_W j[nj_b i[ fh[i[djWh| Z[b '- Wb
CONVOCATORIA A JUNTA GENERAL EXTRAORDINARIA DE ACCIONISTAS DE LA EMPRESA TURĂ?STICA TULCĂ N COMPAĂ‘Ă?A DE ECONOMĂ?A MIXTA EN LIQUIDACIĂ“N De conformidad con la ley de CompaĂąĂas y los Estatutos Sociales, se convoca a los seĂąores Accionistas a Junta General Extraordinaria de Accionistas de la EMPRESA TURĂ?STICA TULCĂ N COMPAĂ‘Ă?A DE ECONOMĂ?A MIXTA EN LIQUIDACIĂ“N, que tendrĂĄ lugar en la ciudad de TulcĂĄn, en los salones del Gobierno Provincial del Carchi, el dĂa martes 14 de febrero del 2012, a las tres de la tarde. Con el objeto de conocer y resolver sobre los siguientes puntos: 1.
2. 3.
PeticiĂłn del Gobierno Provincial del Carchi a efecto de que el Ministerio de Turismo adquiera las acciones de su paquete accionario. AnĂĄlisis sobre la contestaciĂłn del Ministerio de Turismo sobre esta transferencia de acciones. Conocimiento sobre el Aumento de Capital y ReactivaciĂłn de la CompaĂąĂa. ResoluciĂłn sobre las alternativas jurĂdicas con el objeto de culminar con el proceso de LiquidaciĂłn, ReactivaciĂłn de la CompaĂąĂa o cualquier otro procedimiento que deba adoptarse respecto de la CompaĂąĂa.
TulcĂĄn, 1 de febrero del 2012. Dr. FabiĂĄn Flores Paredes LIQUIDADOR AR/85350/cc
Ä“ĹŠ ĹŠ,4#231 ĹŠ$.3.%1;ÄƒĹŠ! ĹŠ/1#2#-3 " ĹŠ+ ĹŠ-.!'#ĹŠ"#+ĹŠĂŒ+3(,.ĹŠ5(#1-#2ĔŊ%4 1" ĹŠ+ ĹŠ'(23.1( ĹŠ"#ĹŠ4-ĹŠ (#-ĹŠ/ 31(,.-( +ĹŠ04#ĹŠ !34 +,#-3#ĹŠ2#ĹŠ#-!4#-31 ĹŠ#-ĹŠ1#!4/#1 !(¢-ĔŊ/ 1 ĹŠ!.-5#13(12#ĹŠ#-ĹŠ4-ĹŠ/1.8#!3.ĹŠ(-3#%1 +Ä“ĹŠ
(' Z[ cWhpe [d 7jkdjWgk_$ BWi dk[lWi j[dZ[dY_Wi Z[b Z_i[‹e Z[`Wh|d l[h bW ^WX_b_ZWZ Z[ bei Wdj[‹ei$
ĹŠ'(23.1(
;b j[hY[h [l[dje \k[ kdW h[jhei#
f[Yj_lW [d [b j_[cfe$ BW ck[i# jhW \eje]h|Ă’ YW gk[ [cXWhYÂŒ W bei Wi_ij[dj[i W kd l_W`[ W bei _d_Y_ei Z[ bW <|Xh_YW ?cXWXkhW" Yedijhk_ZW [d '/(* [d [b YWi[h‡e Z[ BekhZ[i" WYjkWb fWhhegk_W 7dZhWZ[ CWh‡d$
Bei *& YkWZhei gk[ \k[hed [nfk[ijei [d bW gk[ \k[ bW Xe# Z[]W Z[ [ij[ X_[d fWjh_ced_Wb" h[Yk[hZWd bWi hW‡Y[i Z[b fk[Xbe Wdj[‹e$ <eje]hW\‡Wi [d XbWdYe o d[]he bb[dWi Z[ h[Yk[hZei o deijWb]_W$
Ĺ? Ĺ?
Ĺ?
)/,Ĺ‹ /# ) " Ĺ‹ &* -Ĺ‹- Ĺ‹ -., ( Ĺ‹
ĉ
ŊěŊ;d [b \[h_WZe Z[ YWh#
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä“ĹŠ +ĹŠ1#!.11(".ĹŠ/.1ĹŠ+ 2ĹŠ!.,4-(" "#2ĹŠ!.,.ĹŠ/ 13#ĹŠ"#+ĹŠ3.41ĹŠ #-#ÄƒĹŠ!( 1;ĹŠ ĹŠ +.2ĹŠ!.,4-#1.2Ä“ĹŠ
dWlWb Yece fWhj[ Z[ bei i[hl_Y_ei gk[ e\[hjW bW ^eij[h‡W 9k_YeY^W i[ [ijh[dWh| [b jekh 9k_YeY^W# 7bfWYWi gk[ _dYbko[ kd h[Yehh_# Ze feh bWi Yeckd_ZWZ[i Wb[ZW# ‹Wi Wb bW]e$ 7Z[c|i bW l_i_jW W jWbb[h[i Z[ j[`_Zei o kd Yh_WZ[he Z[ WbfWYWi gk[ i[ [dYk[djhW [d bW Yeckd_ZWZ Z[ CeheY^e$ ;ij[ h[Yehh_Ze fWhW jkh_ijWi dW# Y_edWb[i o [njhWd`[hei i[ e\[hjW# h| Z[iZ[ [b i|XWZe '- Z[ \[Xh[he Wkdgk[ Z[iZ[ oW fk[Z[d ^WY[h bWi h[i[hlWY_ed[i$
FundaciĂłn Unidad Educativa
Pensionado Mixto Atahualpa $ 70'$&,@0 "0,'$' '7&$6,8$ (05,10$'1 ,961 6$+7$.2$ (0 &7/2.,/,(061 '(. 46 '(. 56$6761 : '(. (*.$/(061 2$4$ (5,*0$&,@0 '( 7614,'$'(5 '( .$ " 8,*(06( &1081&$ 214 8(; $. 41&(51 '( (.(&&,@0 : 10&7451 '( (4(&,/,(0615 : 215,&,@0 2$4$ (. &$4*1 '( ! 2$4$ (. 2(4,1'1 15 ,06(4(5$'15 '(%(4<0 24(5(06$4 .15 5,*7,(06(5 '1&7/(0615 '(%,'$/(06( &(46,A&$'15 : 016$4,;$'15
1.,&,67' ',4,*,'$ $. 4(5,'(06( '( .$ 1/,5,@0 ('$*@*,&$ '(. 1/,6= -(&76,81 744>&7.7/ 8,6$( &10 '1&7/(06$&,@0 2(4510$. &1/2.(6$
=&14' 1.,&,$. 1&7/(0615 37( &(46,A37(0 57 )14/$&,@0 $&$'=/,&$ !>67.1 '( !(4&(4 1 7$461 ,8(. 4()4(0'$'1 214 (. #! $%(4 (-(4&,'1 .$ '1&(0&,$ $. /(015 &,0&1 $?15 (0 (. 0,8(. /(',1 1 572(4,14 (46,A&$'1 '( .$ ,4(&&,@0 '( '7&$&,@0 '( 01 +$%(4 5,'1 5$0&,10$'1 (0 (. (-(4&,&,1 '( 57 .$%14 '1&(06( 4(5(06$&,@0 '( 70 41:(&61 '7&$6,81
t %JTQPOJCJMJEBE EF UJFNQP DPNQMFUP t $BQBDJEBE EF MJEFSB[HP Z DPNVOJDBDJĂ˜O t )BCJMJEBEFT EF USBCBKP FO HSVQP Z NBOFKP EFM UBMFOUP IVNBOP t $BQBDJEBE EF USBCBKBS CBKP QSFTJĂ˜O t $POPDJNJFOUP EFM JEJPNB JOHMĂ?T Z QBRVFUFT FEVDBUJWPT JOGPSNĂˆUJDPT
& t 0GFSUB TBMBSJBM BUSBDUJWB NĂˆT CFOFĂśDJPT EF MFZ t #VFO BNCJFOUF EF USBCBKP FTUBCJMJEBE Z DPNVOJDBDJĂ˜O BEFDVBEB t 0QPSUVOJEBE EF QFSUFOFDFS B VOB *OTUJUVDJĂ˜O EF QSFTUJHJP $5 &$42(6$5 '(%(4<0 5(4 24(5(06$'$5 (0 51%4( &(44$'1 +$56$ (. '>$ /,=4&1.(5 '( )(%4(41 '( $ .$5 (0 .$ (&4(6$4>$ '( .$ 056,67&,@0 7%,&$'$ (0 $0$08$..( 24(8,$ .$ &$0&(.$&,@0 '( &7$4(06$ '@.$4(5 01 4((/%1.5$%.(5 214 '(4(&+15 '( 27%.,&$&,@0 ( &1/70,&$ $ .15 ,06(4(5$'15 37( .$ $2(4674$ '( .15 51%4(5 5( 4($.,;$4< (. '( )(%4(41 $ .$5 (0 .$5 ,056$.$&,10(5 '( .$ 056,67&,@0 (0 $0$08$..( (0 .$ 5$.$ '( $7',18,57$.(5
ad/24398/ai
$ ! ! %
)(-.,/3 (Ĺ‹ ),, ),Ĺ‹ ./,v-.# )Ĺ‹ )'/(#. ,#)
- 2ĹŠÄˆÄ‡ĹŠ!.,4-(" "#2ĹŠ2#ĹŠ #-#ÄƒĹŠ!( Äą 1;-ĹŠ!.-ĹŠ#+ĹŠ!(1!4(3.ĹŠ341~23(!.Ä“ĹŠ 13#Äą 2 -~ ĔŊ% 231.-.,~ ĹŠ8ĹŠ+4% 1#2ĹŠ- 341 Äą +#2ĹŠ2 +"1;-ĹŠ ĹŠ+ ĹŠ+49Ä“ ĹŠ ěŊ Bei YejWYWY^[‹ei
t (FTUJĂ˜O "ENJOJTUSBUJWB t (FTUJĂ˜O &EVDBUJWB t %FTBSSPMMP EF 1SPZFDUPT t (FTUJĂ˜O Z $POUSPM EF 1SFTVQVFTUPT
ēŊ Ŋ1#' (+(3 !(¢-Ŋ"#Ŋ+ Ŋ5~ Ŋ/1(-!(/ +Ŋ"#+Ŋ!.11#".1Ŋ341~23(!.Ŋ3#1,(Ĺ - 1;Ŋ#-Ŋ".2Ŋ,#2#2ēŊ .2Ŋ31 ).2Ŋ 5 -9 -Ŋ"#Ŋ !4#1".Ŋ +Ŋ!.-31 3.ē
! # " ! & & DirecciĂłn: Sector El Milagro, Cananvalle TelĂŠfonos: (06) 2542 145 / 2542 115 IBARRA Â ECUADOR
j[dZh|d l‡Wi ehdWc[djWb[i gk[ i[hl_h|d fWhW gk[ [b jkh_ice i[ Z_dWc_Y[ o gk[ bei fWi[ei \W# c_b_Wh[i Yh[pYWd$ BWi YWbb[i IW# b_dWi o BWhh[W j[dZh|d fbWdjWi" XWdYWi" _bkc_dWY_Œd" gk[ ZW# h|d i[]kh_ZWZ W bei YejWYWY^[# ‹ei o [njhWd`[hei gk[ bb[]k[d Wb YWdjŒd$ FWhW HeX[hje He`Wi" gk_[d l_l[ jh[i W‹ei [d 9ejWYWY^_" [ijW eXhW WXh_h| c|i efehjk# d_ZWZ[i Z[ jhWXW`e o Z_ijhWY# Y_Œd$ I_d [cXWh]e" f_Z_Œ W bWi Wkjeh_ZWZ[i jWbb[h[i Z[ YWfW# Y_jWY_Œd [d lWh_ei j[cWi" f[he W jeZWi bWi f[hiedWi gk[ [ijƒd _dj[h[iWZWi [d fh[ijWh i[hl_# Y_ei$ 7Z[c|i gk[ YedijhkoWd _d\hW[ijhkYjkhW WZ[YkWZW fWhW _dijWbWh f[gk[‹ei d[]eY_ei gk[ de ZW‹[d [b [djehde dWjk# hWb gk[ j_[d[ [ij[ [ifWY_e$ 9Whbei I|dY^[p" \kdY_edWh_e Z[b Ckd_Y_f_e Z[ 9ejWYWY^_" Z_`e gk[ i[ Yedijhk_h|d YWi[jWi Z_i[‹WZWi jƒYd_YWc[dj[ fWhW
gk[ bWi f[hiedWi fh[fWh[d fbW# jei j‡f_Yei Yed Wb_c[djei Z[b bk]Wh Z[ YWZW i[Yjeh gk[ [ijWh| _dYbk_Ze [d [b fheo[Yje jkh‡ij_# Ye$ ?bjWgk‡" 7dZhWl‡" JkhkYk" IWd C_]k[b" IWd @eiƒ" [djh[ ejhWi Yeckd_ZWZ[i i[h|d fWhj[ Z[b Yehh[Zeh jkh‡ij_Ye$ ;b Ă’ d [i gk[ bWi l_i_jWi _d]h[i[d W bei j[# hh_jeh_ei Yeckd_jWh_ei o Yedep# YWd Z[ Y[hYW bWi YeijkcXh[i$ Bei h[Ykhiei fWhW [ijW eXhW WbYWdpWd bei (*& c_b ZÂŒbWh[i$ FWhW Yecfb[jWh [b fheo[Yje i[ d[Y[i_jWh‡W kdW _dl[hi_ÂŒd _]kWb$ .-3(-4 1;ĹŠ!(1!4(3.
;b i[Yjeh gk[ Yedj[cfbW Z[i# Z[ bW fbWpW Z[ ;b ;`_Ze ^WijW bW _]b[i_W Z[ Gk_he]W" i[ WZ[Y[d# jWh| Yed ejhe fh[ikfk[ije gk[ i[ YebeYWh‡W [b W‹e fhŒn_ce$ ;ijWi l‡Wi jWcX_ƒd i[hl_h|d Z[ Z[i\e]k[ fWhW bei l[^‡Ykbei" fWhW gk[ de i[ [cXej[bb[d [d bW Y_kZWZ$
)(-.,/3 (Ĺ‹ - Ĺ‹$/ # # &Ĺ‹
ÂĄ Ä“ĹŠ ĹŠ.1% -(9 !(¢-ĹŠ04#ĹŠÄƒĹŠ- -!(¢Ŋ#+ĹŠ/1.8#!3.ĹŠ5(2(3¢Ŋ#+ĹŠ! -3¢-ĹŠ/ 1 ĹŠ #-31#% 1ĹŠ#+ĹŠ, 3#1( +ĹŠ"#ĹŠ /.8.ĹŠ#-ĹŠ+.2ĹŠ!#-31.2ĹŠ#"4! 3(5.2Ä“ĹŠ
( /& (Ĺ‹ ., # #)( -Ĺ‹ (Ĺ‹ - / & Ĺ‹ Ĺ‹& -Ĺ‹ )'/(# -Ĺ‹
ĹŠ ěŊ ;d bW Y_kZWZ[bW Hk# c_‹W^k_ kd j[hh[de \k[ ZWZe [d YeceZWje feh bW Ckd_Y_fWb_ZWZ fWhW bW YedijhkYY_ÂŒd Z[ bW YWiW Z[ bei `kp]WZei$ 7b fWh[Y[h [b f[Z_Ze Z[ bei WXe]WZei Z[b YWd# jÂŒd jkle [Ye fk[i [d h[_j[hWZWi eYWi_ed[i fh[i[djWhed gk[`Wi" Z[X_Ze W gk[ [b bk]Wh ZedZ[ WY# jkWbc[dj[ i[ Z[i[cf[‹Wd bei `k[Y[i" de Xh_dZWd bWi YedZ_Y_e# d[i d[Y[iWh_Wi fWhW ik \kdY_edW# c_[dje$ ;d [b beYWb ZedZ[ i[ b[lWdjW bW
-31#% 1.-ĹŠ, 3#1( +ĹŠ#"4! 3(5.ĹŠ#ĹŠ(-Äą 2314,#-3.2ĹŠ -"(-.2ĹŠ/ 1 ĹŠ+.2ĹŠ-( .2Ä“ ĹŠ ěŊ Bk[]e Z[ kd fhe# Y[ie Z[ YWfWY_jWY_ÂŒd [d bWi Yeckd_ZWZ[i Z[ bW pedW hk# hWb" bei d_‹ei Z[ bei Y[djhei [ZkYWj_lei YedeY_[hed fWhj[ Z[ bWi YeijkcXh[i o jhWZ_# Y_ed[i a_Y^mWi gk[ W‘d i[ cWdj_[d[d o ejhWi gk[ ^Wd Z[iWfWh[Y_Ze Yed [b j_[cfe$ BW fhefk[ijW [i Z[if[hjWh [b _dj[hƒi o fh[i[hlWh bWi jhWZ_# Y_ed[i Z[ bei EjWlWbei Z[iZ[ bW _d\WdY_W$ :[djhe Z[ [ij[ fheY[ie [d# jh[]Whed ^[hhWc_[djWi b‘Z_# YWi Z[ Wfh[dZ_pW`[ ^[Y^Wi [d XWi[ W cWj[h_Wb[i Z[b [djeh# de" Wi‡ jWcX_ƒd _dijhkc[djei Z[ l_[dje" fhef_ei Z[b ckdZe WdZ_de o" `k[]ei h[Yh[Wj_lei gk[ i[ kj_b_pWd [d bWi Yeck#
d_ZWZ[i$ ;d bWi [iYk[bWi" [d YWcX_e" fWhW bei Wbkcdei Z[ i[_i W‹ei [d WZ[bWdj[ [djh[# ]Whed j[njei ZedZ[ i[ h[Ye# f_bW fWhj[ Z[ bWi \[ij_l_ZWZ[i Yece0 [b dWY_c_[dje Z[ kd d_‹e" bW YWiW dk[lW" [b cWjh_# ced_e o [b ?dj_ HWoc_$ (- -!( ,(#-3.
CWhYe =kWj[cWb" fh[i_Z[dj[ Z[ bW <[Z[hWY_ÂŒd Z[ Fk[Xbei A_Y^mWi Z[ bW I_[hhW Dehj[ <?9? " _d\ehcÂŒ gk[ [ij[ jhW# XW`e \k[ fWhj[ Z[ kd fheo[Yje gk[ i[ Z[iWhhebbÂŒ [d *( Yeck# dWi" Ă’ dWdY_WZe feh Wb eh]Wd_# pWY_ÂŒd ÆJhWZ_Y_ed[i fWhW [b cW‹WdWÇ$ Æ;d [b fheY[ie Z[ \ehcWY_ÂŒd bei d_‹ei Z[X[d h[# \ehpWh iki iWX[h[iÇ" [nfb_YÂŒ$
' %
$ #
&
&
! "
"ÄľÄ‰ÄŒÄŒÄˆÄ?Äľ (
_d\hW[ijhkYjkhW i[ fh[lƒ ^WY[h kd Y_hYk_je Z[ bW \kdY_Œd `kZ_Y_Wb" ZedZ[ WZ[c|i i[ Yedijhk_h‡W [b H[]_ijhe 9_l_b o Z[ bW Fhef_[ZWZ$
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ÄŠ
ēŊ 8Ŋ#7/#!3 3(5 Ŋ#-3.1-.Ŋ Ŋ+ Ŋ!.-2314!!(¢-Ŋ"#Ŋ+ 2Ŋ-4#5 2Ŋ2 + 2Ŋ/ 1 Ŋ+.2Ŋ)4#!#2ēŊ
Ĺ? Ĺ?
Ĺ?
Ä Ä€
Ĺ? ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
, 41 ĹŠ / 13(!(/ ĹŠ #-ĹŠ 2 , +# ĹŠ
Ĺ—ĹŠ ĹŠ $ :khWdj[ [b l_[hd[i o Wo[h" i[ Z[iWhhebbÂŒ
bW WiWcXb[W [njhWehZ_dWh_W Z[ bW 9ed\[Z[hWY_Œd Z[ bW DWY_edWb_ZWZ A_Y^mWi Z[b ;YkWZeh#;YkWhkdWh_" [d bW YWiW Z[ bW 9kbjkhW ;YkWje# h_WdW$ ;b [l[dje YedjŒ Yed bW fWhj_Y_fWY_Œd Z[ c|i Z[ '+& h[fh[i[djWdj[i Z[ bWi ', \[Z[hWY_ed[i fhel_dY_Wb[i" iki fk[Xbei o Yeckd_ZWZ[i _dZ‡][dWi" [djh[ [bbWi bWi Z[ ?cXWXkhW" [d [if[Y_Wb Z[ EjWlWbe$ 7dWb_pWhed bW cWhY^W YedleYWZW fWhW [b . Z[ cWhpe
4#13#ĹŠ %4 !#1.ĹŠ +#) ĹŠ ĹŠ+.2ĹŠ5(2(3 -3#2
$ 7o[h" bW \[h_W Ĺ—ĹŠĹŠĹŠ iWXWj_dW de i[ Ykcfb_ÂŒ Yed
"ÄľÄ‰ÄŒÄŠÄ’ÄŒÄľ (
dehcWb_ZWZ [d [b LWbb[ Z[b 7cWd[Y[h$ ;ije [d ]hWd fWhj[ i[ Z[X[ Wb cWb Yb_cW" fk[i Wo[h" Z[iZ[ j[cfhWde [d bW Y_kZWZ i[ h[]_ijhŒ bbkl_Wi o [d bW jWhZ[ kd \k[hj[ W]kWY[he [cfW‹Œ bWi l[djWi$
6-Ĺ‹,/# )Ĺ‹ (Ĺ‹& -Ĺ‹ && -Ĺ‹ &)-Ĺ‹Ă°Ĺ‹( -Ĺ‹ Ĺ‹- ' ( # +(9 1.-ĹŠ4-ĹŠ./#1 3(5.ĹŠ(-$.1, 3(5.ĔŊ#-ĹŠ #+ĹŠ/1¢7(,.ĹŠ!.-31.+ĹŠ2#ĹŠ5(#-#-ĹŠ+ 2ĹŠ2 -!(.Äą -#2Ä“ĹŠ #ĹŠ("#-3(ÄƒĹŠ! 1.-ĹŠÄ?ćŊ(-$1 !3.1#2Ä“ĹŠ ŊěŊ ;d bWi ‘bj_cWi i[cW#
dWi [b hk_Ze ][d[hWZe feh Y_[h# jei l[^‡Ykbei YWkiW cWb[ijWh [d bei ejWlWb[‹ei gk[ l_l[d [d bWi YWbb[i Yƒdjh_YWi Z[ bW Y_kZWZ$ CkY^ei Z_Y[d gk[ [b Zebeh Z[ YWX[pW [cf_[pW Z[iZ[ bW jWhZ[ o i[ [nj_[dZ[ ^WijW bW deY^[$ ÆKd j_[cfe i[ dehcWb_pÂŒ [b hk_Ze f[he dk[lWc[dj[ l[cei gk[ bei `ÂŒl[d[i fWiWd feh bW YWbb[ Yed [b lebkc[d Wbj‡i_ce Z[ iki [gk_fei" gk[ ^WijW bWi l[djWdWi l_XhWdÇ" Z_`e FWjh_Y_W B[cW" ce# hWZehW Z[ bW YWbb[ IkYh[$ ;bbW" Wb _]kWb gk[ ejhei cehWZeh[i Z[b Y[djhe Z[ bW Y_kZWZ" h[bWcWd cWoeh Yedjheb$ 7ZkY[d gk[ [ijW i_jkWY_ÂŒd i[ iWb[ Z[ bWi cWdei [b Ă’ d Z[ i[cWdW$ FWhW [hhWZ_YWh [d Wb]e [ij[ fheXb[cW Z[ YedjWc_dWY_ÂŒd WkZ_j_lW" [b l_[hd[i Z[iZ[ bWi '.0&&" bW Feb_Y‡W DWY_edWb" Ck# d_Y_fWb" bW 9ec_iWh‡W o bW @[\Wjk# hW Z[ =[ij_ÂŒd 7cX_[djWb h[Wb_# pWhed kd ef[hWj_le Z[ Yedjheb$ ;b eX`[j_le \k[ _d\ehcWh bWi
iWdY_ed[i W bei _d\hWYjeh[i jWb Yece be [ijWXb[Y[ bW EhZ[dWdpW o bW B[o Z[ Jh|di_je$ ;d bWi Zei ^ehWi Z[b ef[hWj_le _Z[dj_Ă’ YW# hed Wb c[dei W kdei ,& _d\hWY# jeh[i$ BW cWoeh‡W Y_hYkbWXW [d iki [gk_fei Z[ ied_Ze Yed kd lebkc[d gk[ ikf[hWXW bei .& Z[Y_X[b[i YkWdZe be f[hc_j_Ze [i +& Z[Y_X[b[i$ Feh bWi \_[ijWi Z[b FWmaWh HWoc_ o YWhdWlWb [d bWi Ye# ckd_ZWZ[i Z[b YWdjÂŒd ckY^ei [c_]hWdj[i h[jehdWd Wb fW‡i" [iW feZh‡W i[h kdW Z[ bWi YWkiWi Z[ bW fheb_\[hWY_ÂŒd Z[b hk_Ze [d bWi \k[dj[i cÂŒl_b[i$
+ , ".Ŋ"#Ŋ 3#-!(¢-
9ƒiWh 9^_YW_pW" `[\[ Z[ =[ij_Œd 7cX_[djWb [dYWh]WZe" [nfb_# YŒ gk[ [ij[ fh_c[h Z_ifei_j_le [hW kd j[cW fh[l[dj_le$ 7YbWhŒ gk[ Z[iZ[ [b fhŒn_ce Yedjheb i[ Wfb_YWh|d bWi iWdY_ed[i gk[ lWd Z[iZ[ bW Z_ic_dkY_Œd Z[ fkdjei [d bW b_Y[dY_W Z[ YedZkY_h" YeXhe Z[ kdW ckbjW o ^WijW [b Z[Yec_#
Ä“ĹŠ .-ĹŠ#+ĹŠ2.-¢,#31.ĹŠ#-ĹŠ, -.ĹŠ("#-3(ÄƒĹŠ! 1.-ĹŠ ĹŠÄ?ćŊ(-$1 !3.1#2ĹŠ04#ĹŠ!(1!4+ -ĹŠ !.-ĹŠ4-ĹŠ/1.,#"(.ĹŠ"#ŊđćŊ"#!( #+#2ĹŠ"#ĹŠ5.+4,#-ĹŠ#-ĹŠ242ĹŠ#04(/.2ĹŠ"#ĹŠ2.-(".Ä“ĹŠ
ie Z[ bei [gk_fei$ >_pe kd bbW# cWZe W bei YedZkYjeh[i ejWlW# b[‹ei fWhW gk[ YkcfbWd Yed bW h[]bWc[djWY_Œd o i[ [l_j[d bWi iWdY_ed[i$
;d bW 9ec_iWh‡W DWY_edWb" cWdj[dZh|d kdW h[kd_Œd [b fhŒn_ce bkd[i" fWhW Z[j[hc_# dWh bW \[Y^W o ^ehWh_e Z[ kd dk[le ef[hWj_le$
+ĹŠ!.-31 3.ĹŠ "#ĹŠ 11(#-".ĹŠ #2ĹŠ24ĹŠ2#%41.
ƒ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä Ä
ēŊ 2Ŋ.$#13 2Ŋ"#Ŋ 11(#-".2Ŋ 2#Ŋ/4#"#-Ŋ#-!.-31 1Ŋ/.1Ŋ3." Ŋ+ Ŋ!(4" "ĔŊ 4-04#Ŋ,4!'.2Ŋ/ 2 -Ŋ/.1Ŋ5 1(.2Ŋ +4% 1#2Ŋ -3#2Ŋ"#Ŋ#-!.-31 1Ŋ#+Ŋ2(3(.Ŋ /1./( ".ē
.-.9! ĹŠ!¢,.ĹŠ(-2!1( (1ĹŠ4-ĹŠ!.-5#-(.ĹŠ"#ĹŠ1#-3 ĹŠ 8ĹŠ!4;+#2ĹŠ2.-ĹŠ242ĹŠ. +(% !(.-#2ĹŠ8ĹŠ #-#ÄƒĹŠ!(.2ĹŠ +ĹŠ 2#1ĹŠ4-ĹŠ 11#-" 3 1(.Ä“
"ÄľÄ‰ÄŒÄŒÄˆÄ’Äľ (
jWd iWX[h gk[ [d YWie Z[ _dYkc# kdW _dif[YY_ÂŒd c_dkY_eiW Z[b fb_c_[djei fk[Z[d fh[i[djWh kd bk]Wh o YedjhWijWh bW _d\ehcW# h[YbWce$ Y_ÂŒd Yed be i[‹WbWZe [d [b Yed# jhWje" fWhW gk[ de [n_ijWd Z_i# Yh[fWdY_Wi$ #!.,#-" !(.-#2 ;b WXe]WZe @kWd <hWdY_iYe :‡Wp i[‹WbW gk[ [i _cfehjWdj[ b[]W# #2/.-2 (+(" "#2 b_pWh [b YedjhWje" fehgk[ Z[ be Gk_[d[i Whh_[dZWd kd fh[Z_e YedjhWh_e" [ij[ ZeYkc[dje de j_[d[ bW eXb_]WY_ÂŒd Z[ [djh[]Wh# j_[d[ kdW lWb_Z[p b[]Wb o [d YWie be [d Xk[dWi YedZ_Y_ed[i o ^W# Z[ h[YbWcei de [n_ij[ kd iki# Y[hi[ YWh]e Z[ bei ZW‹ei gk[ de j[dje$ i[Wd eYWi_edWZei feh [b Whh[d# ;d [b @kp]WZe j[hY[he Z[ _d# ZWjWh_e$ ;d bW b[o Z[ _dgk_b_dWje gk_b_dWje i[ [if[Y_Ă’ YW gk[ bei i[ [ijWXb[Y[ gk[ [b Whh[dZWZeh fWiei fWhW h[]_ijhWh kd YedjhW# [ij| eXb_]WZe W h[Wb_pWh bWi h[fW# je ied0 fh[i[djWh * Yef_Wi Z[b hWY_ed[i o eXhWi W Ă’ d Z[ gk[ bei YedjhWje Ă’ hcWZe [d bW eĂ’ Y_dW _dck[Xb[i j[d]Wd bei i[hl_Y_ei Z[ iehj[ei kX_YWZW [d [b FWbWY_e X|i_Yei f[hcWd[dj[c[dj[" j[d# Z[ @kij_Y_W F_[ZhW^_jW o , Z[ :_# ]Wd bkp o W_h[WY_ÂŒd ikĂ’ Y_[dj[i" Y_[cXh[ o" kdW l[p [ijWXb[Y_Ze" j[d]Wd bei i[hl_Y_ei ^_]_ƒd_Yei [d [b @kp]WZe Z[ _dgk_b_dWje i[ Yecfb[jei o YkcfbWd Yed jeZWi [djh[]W bei YedjhWjei [d bWi eĂ’ # bWi dehcWj_lWi Z[b Ckd_Y_f_e$ Y_dWi lWb]W bW h[ZkdZWdY_W Z[ Feh ejhe bWZe" [d [b Whj‡Ykbe - _dgk_b_dWje o [ijei ied h[]_ijhW# Z[ bW b[o jWcX_ƒd i[ i[‹WbW gk[ Zei Z[djhe Z[ -( ^ehWi bWXehW# Æi_ [b _dgk_b_de \k[h[ h[ifediW# b[i$ Xb[ Z[ bei ZW‹ei eYWi_edWZei [d :‡Wp W]h[]W gk[ bei YedjhW# [b beYWb Whh[dZWZe" e [d bWi _di# jei gk[ i[ fk[Z[d YecfhWh [d jWbWY_ed[i Z[ W]kW fejWXb[" bkp YkWbgk_[h fWf[b[h‡W Z[X[d i[h# [bƒYjh_YW o i[hl_Y_ei ^_]_ƒd_Yei" l_h iebe Yece kd \ehcWje" oW [ijWh| eXb_]WZe W bW _dc[Z_WjW gk[ [d eYWi_ed[i [i d[Y[iWh_e h[fWhWY_ÂŒd" W ik YeijW$ 9Wie Z[ W]h[]Wh Wb]kdWi fWhj_YkbWh_ZW# de ^WY[hbe [d [b fbWpe Ă’ `WZe feh Z[i h[if[Yje Wb _dck[Xb[ gk[ i[ [b @k[p" [b Whh[dZWZeh [ijWh| \W# Whh_[dZW" fWhW gk[ i[W kd ZeYk# YkbjWZe fWhW [\[YjkWh Z_Y^Wi h[# c[dje Yecfb[je$ fWhWY_ed[i o [n_]_h Wb Whh[dZWjW# Gk_[d[i lWoWd W Whh[dZWh kd h_e [b fW]e Z[ be _dl[hj_Ze" Yed kd _dck[Xb[ jWcX_ƒd Z[X[d ^WY[h Wkc[dje Z[b Z_[p feh Y_[djeÇ$
Ä“ĹŠ 4-04#ĹŠ2# ĹŠ4-ĹŠ(-04(+(-.ĹŠ3 , (_-ĹŠ3(#-#ĹŠ"#1#!'.2ĹŠ +ĹŠ2#1ĹŠ4-ĹŠ 11#-" 3 1(.ĹŠ8ĹŠ +.2ĹŠ2#15(!(.2ĹŠ ;2(!.2ĹŠ) ,;2ĹŠ/4#"#-ĹŠ$ +3 1Ä“
"ÄľÄ‰ÄŒÄŒÄˆÄ‘Äľ (
ed[h kdW Ă’ hcW [d kd YedjhW# je Z[ Whh_[dZe i_]d_Ă’ YW _d_Y_Wh kdW h[bWY_ÂŒd Z[ _dgk_b_dWje gk[ feZh‡W i[h cko fWY‡Ò YW e lebl[hi[ YedĂ“ _Yj_lW YkWdZe Wb]kdW Z[ bWi fWhj[i de Ykcfb[ Yed bWi eXb_]WY_ed[i [i# jWXb[Y_ZWi [d [b fWf[b$ FWhW [l_jWh bei _dYedl[d_[dj[i [d j[cWi Z[ _dgk_b_dWje" be d[# Y[iWh_e [i ][d[hWh [b ZeYkc[dje b[]Wb o h[]_ijhWhbe Z[X_ZWc[dj[ o W j_[cfe$ ;d bei `kp]WZei Z[ _dgk_b_dW# je" HeY‡e =kWbfW i[ Z[j_[d[ fWhW b[[h bei h[gk_i_jei fWhW _diYh_X_h kd YedjhWje Z[ Whh[dZWc_[dje$ ;bbW Z_ifed[ Z[ kdW l_l_[dZW fWhW Wbgk_b[h [d [b ikh Z[ bW Y_k# ZWZ o [nfb_YW gk[ i[ _d\ehcW ie# Xh[ YÂŒce ^WY[h [b jh|c_j[$ ÆOW ^WX‡W Whh[dZWZe Wdj[i bW fhe# f_[ZWZ f[he de Yed YedjhWjei$ 7^ehW i‡ gk_[he ^WY[hbe fWhW [l_jWh fheXb[cWi" fehgk[ ^Wo _dgk_b_dei YedĂ“ _Yj_leiÇ" Yec[d# jW bW Y_kZWZWdW$ 9ece [bbW" ckY^ei Whh[dZW# Zeh[i Z[iYedeY[d i_ iki Whh[d# ZWjWh_ei i[h|d ceheiei o YWkiW# h|d ZW‹ei W bW fhef_[ZWZ o feh [ie kd YedjhWje Z[ Whh_[dZe [i kd h[ifWbZe$ :[ ejhe bWZe" gk_[# d[i Whh_[dZWd jWcX_ƒd d[Y[i_#
āĂ
ŏ ĀĆŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
1#2("#-3 ũ"#+ũ/ 31.- 3.ũ- !(.- +ũũ +.,#ũ -"1 "#ũ8ũ+ ũ% - ".1 ũ #--8ũ #-#2#2ũ
1#$#!3.ũ"#ũ , 41 ũ (#%.ũ 1!~ ũ8ũ+ ũ% - ".1 ũ -"1# ũ 2/(-.9 ē
~34+.ũ/1(-!(/ + "#ũČĎıĎĎũ/32
"ĵĉČČćĒĵ (
&ŋ /,-)ŋ ŋ ./  # (ŋ (ŋ' # #( ŋ3ŋ ( ,' ,v ŋ (ŋ &v(# )ŋ+/#,Ä,!# )ąŋ' . ,()ŋ#( (.#&ŋ3ŋ* # .,v ŋŋðŋ( )ŋ &ŋ v ŋýŋ ŋ , ,)ŋ )(ŋ )-ŋ! ( ), -ŋ ŋ& ŋ/(#0 ,-# ŋ.Z (# ŋ &ŋ(),. Ąŋ
.2_ũ 1~ ũ )4#+.Ĕũ .!ēũ 1~ ũ 4%#-( ũ -"1 "#Ĕũ (#%.ũ 1!~ Ĕũ (%4#+ũ 1 ı -).Ĕũ 4ũ+(-%ũ # 2!.ũ8ũ +.,#ũ -"1 "#ē
2ũ% - ".1 2
2ũ".2ũ% - ".1 2ũ5( ) 1 -ũ ũ 2/ ũ ũ +ũũ'.2/(3 +ũ".!#-3#ũ"#ũ + ũ4-(5#12(" "ũ"#ũ + , -! ũ#-ũ 2/ ē
2ũ31#2ũ 1~ 2Ĕũ +.1( ũ 5¢-ũ8ũ .2 ũ 5¢-ē
!
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Ä’ & .)Ĺ‹ Ĺ‹ !/( Ĺ‹ - Ä“Ä…Ĺ‹ &Ĺ‹Ĺ‹"/'),Ĺ‹&& ! Ĺ‹ " -. Ĺ‹& Ĺ‹ - ' & Ĺ‹ :[iZ[ `kb_e Z[b W‹e fWiWZe" feh Wfeoe Z[ :Wl_Z 7hXeb[ZW" Ye# bW YWX_dW Z[ bW hWZ_e Z[ bW 7iWc# fh[i[djWZeh1 o CWh‡W Z[ bW Je# Xb[W ^Wd Z[i\_bWZe kd i_dd‘# hh[" fheZkYjehW o fh[i[djWZehW$ c[he Z[ f[hiedW`[i Z[ Z_l[hiWi Æ;d [b fhe]hWcW i[ jhWjWd j[cWi j[dZ[dY_Wi feb‡j_YWi$ ;b hWZ_e# Z[ bW feb‡j_YW Yec‘d" f[he Yed [iYkY^W Yh[[ gk[ [d [i[ [ifWY_e kd jegk[ Z[ ^kceh" i_d Yh‡j_YWi" i[ ^Wd feZ_Ze h[kd_h [b [nfh[i_# i_de kdW Yedl[hiWY_ÂŒd Yed YWZW Z[dj[ HeZh_]e 8eh`W Yed [b WbYWb# kde Z[ bei f[hiedW`[iÇ" Z_`e :[ Z[ Z[ =kWoWgk_b" @W_c[ D[Xej" e bW Jehh[$ _dYbkie gk[ [b fh[i_Z[dj[ HW\W[b 9ehh[W cWdj_[d[ kdW Wc[dW 4,.1ĹŠ Yedl[hiWY_ÂŒd Yed BkY_e =kj_ƒ# ;d [b j_[cfe gk[ i[ jecWd bei hh[p FIF o 7XZWb| 8kYWhWc WiWcXb[‡ijWi fWhW [b Wbck[hpe" FH; $ ][d[hWbc[dj[ bei j[cWi Z[b Z[# Âľ?cfei_Xb[5 De" ]hW# XWj[ Z[ b[o[i Z[ 9eck# Y_Wi Wb YÂŒc_Ye [ _c_jWZeh ĹŠ d_YWY_ÂŒd" 9ÂŒZ_]e Z[ bW Yk[dYWde 7b\h[Ze 9Wcfe" :[ceYhWY_W" B[o F[dWb" gk_[d be]hW jhWdic_j_h W fWiWd W i[]kdZe fbWde o bei eo[dj[i ejhW \WY[jW Z[ ĹŠ2#!1#3 1( ĹŠ"#ĹŠ [b ĂˆFbWje Z[ I[]kdZW C[iWÉ .,4-(! !(¢-ĹŠ bei f[hiedW`[i c|i Yed# "#ĹŠ+ ĹŠ 2 , +# ĹŠ i[ Yedl_[hj[ [d bW fh_eh_# jhel[hi_Wb[i Z[ bW feb‡j_YW$ (-"(!¢ŊŊ04#ĹŠ! " ĹŠ ZWZ$ /1.%1 , ĹŠĹŠ"#ĹŠ :[ '*0&& W '+0&&" Z[ bk# 4- ĹŠ'.1 ĹŠ3(#-#ĹŠ ;djh[ h_iWi" bW eĂ’Y_W# 4-ĹŠ!.23.ĹŠ"#ŊĊććŊ d[i W l_[hd[i" feh bW \h[# "¢+ 1#2Ä“ĹŠ b_ijW HeiWdW 7blWhWZe Yk[djW YÂŒce [b fWiWZe Yk[dY_W fWhbWc[djWh_W" i[ jhWdic_j[ [b fhe]hWcW Z[ (, Z[ Z_Y_[cXh[ bei ^k# ^kceh ĂˆFbWje Z[ I[]kdZW C[iWÉ" ceh_ijWi b[ ^_Y_[hed kdW _de# fheZkY_Ze feh 7Yj_lWJL$ Y[djWZW$ H[bWjW gk[ [i[ Z‡W b[ 9Wcfe" fW_iWde Z[b fh[i_Z[d# bbWcWhed W ik Y[bkbWh fWhW WZ# j[ <[hdWdZe 9ehZ[he" Z[b[_jW W l[hj_hb[ gk[ Z[X‡W bWi YkejWi bei fhef_ei WiWcXb[‡ijWi" Wi[ie# Z[ fW]e Z[ kd j[b[l_ieh fbWicW h[i o f[h_eZ_ijWi" YkWdZe _c_jW Z[ c|i Z[ ($&&& ZÂŒbWh[i$ ÆC[ W 9ehZ[he Z_h_]_[dZe i[i_ed[i Z_`[hed gk[ j[d‡Wd c_ d‘c[he Z[b Fb[de e W =_bcWh =kj_ƒhh[p Z[ YƒZkbW" gk[ j[d‡W kdWi b[jhWi FIF [d hk[ZW Z[ fh[diW$ ;b eĂ’# l[dY_ZWi Z[iZ[ cWoe o ^WijW Y_Wb_ijW FWYe L[bWiYe 7F " Bekh# kdW \eje c‡W YWh]WdZe [b j[b[# Z[i J_X|d FA [ _dYbkie 9ehh[W" l_iehÇ$ C_[djhWi jhWdiYkhh‡W bW YWhWYj[h_pWZe [d [b fhe]hWcW XhecW Æ^kXe kd cec[dje [d Yece ĂˆHWĂ’gk_jeÉ" dWZ_[ i[ iWblW$ gk[ c[ ceb[ijƒ" \k[ [djedY[i BW fheZkYY_ÂŒd Yk[djW Yed [b YkWdZe i[ [iYkY^Whed h_iWiÇ$
ÂĄ Ä–ĹŠ +$1#".ĹŠ ,/.ĹŠ#2ĹŠ+ ĹŠÄƒ%41 ĹŠ/1(-!(/ +ĹŠ"41 -3#ĹŠ+ ĹŠ'.1 ĹŠ"#ĹŠ/1.%1 , Ä“
*v./&)Ĺ‹ #-#0)Ĺ‹ (Ĺ‹& Ĺ‹"#-.),# Ĺ‹ Ĺ‹
ŋ )( ), # ŋ ēŊ +Ŋ! -3¢-Ŋ#23;Ŋ,(+(3 1(9 ".ēŊ 8#1Ŋ+.2Ŋ2.+" ".2Ŋ1#!.11(#1.-Ŋ+.2Ŋ1#!(-3.2ēŊ
+ĹŠ! -3¢-ĹŠ"#!("#ĹŠ '.8ĹŠ ĹŠ04_ĹŠ/1.5(-Äą !( ĹŠ/#13#-#!#Ä“ĹŠ .2ĹŠ 1#!(-3.2ĹŠ2#ĹŠ 1#-ĹŠ "#2"#ĹŠ+ 2ŊćÄ?ĖććēŊ
(,4+ !1.ĹŠ2(-ĹŠ/1#-2 ĹŠ ĹŠĹŠĹŠ ĹŠ ŊěŊ +ĹŠ! -3¢-ĹŠ#-ĹŠ"(2/43 ĹŠ5(5(¢Ŋ 8#1ĹŠ+.2ĹŠĂŒ+3(,.2ĹŠ/1#/ 1 3(5.2ĹŠ Ĺ—/ 1 ĹŠ+ ĹŠ).1- " ĹŠ"#ĹŠ'.8Ä“ĹŠ #ĹŠ/1."4).ĹŠ4-ĹŠ2(,4+ !1.ĹŠ/ 1 ĹŠ04#ĹŠ+.2ĹŠ#-! 1% ".2ĹŠ"#ĹŠ+.2ĹŠ
1#!(-3.2ĔŊ+.2Ŋ/.+(!~ 2Ŋ8Ŋ,(+(3 1#2Ŋ!.-.9! -Ŋ!4;+#2Ŋ2#1;-Ŋ242Ŋ !3(5(" "#2Ŋ/ 1 Ŋ'.8Ŋē
.2ĹŠĹŠ,(#, 1.2ĹŠ"#+ĹŠ .-2#).ĹŠ !(.- +ĹŠ +#!3.1 +ĹŠ8ĹŠ+.2ĹŠ5##".1#2ĹŠ1#!.11(#1.-ĹŠ + 2ĹŠ(-23(34!(.-#2ĹŠ#-ĹŠ+ 2ĹŠ!4 +#2ĹŠ2#ĹŠ(-23 + 1;-ĹŠ+ 2ĹŠ)4-3 2ĹŠ1#!#/3.1 2ĹŠ"#+ĹŠ5.3.Ä“ĹŠ -ĹŠ ,#"(.ĹŠ"#+ĹŠ'#1,#3(2,.ĹŠ8ĹŠ2(-ĹŠ#+ĹŠ !!#2.ĹŠ"#ĹŠ+ ĹŠ/1#-2 ĹŠ ĹŠ#23 ĹŠ+ .1ĔŊ+.2ĹŠ"#+#% ".2ĹŠ2#ĹŠ 1#4-(#1.-ĹŠ!.-ĹŠ,(+(3 1#2ĹŠ8ĹŠ/.+(!~ 2Ä“ -ĹŠ+ 2ĹŠ $4#1 2ĹŠ"#ĹŠ+.2ĹŠ1#!(-3.2ĹŠ+.2ĹŠ4-($.1, ".2ĹŠ5(%(+ -ĹŠ04#ĹŠ-(-%4- ĹŠ/#12.- ĹŠ (-%1#2 1 Ä“ĹŠ 23 ĹŠ+ 2ĹŠÄˆÄ?ĖĊćŊ"#ĹŠ 8#1ĔŊ ĂŒ-ĹŠ-.ĹŠ2#ĹŠ"(231( 4~ -ĹŠ+.2ĹŠ*(32ĹŠ#+#!3.1 +#2Ä“ "#,;2ĔŊ4- ĹŠ!.,(2(¢-ĹŠ"#+ĹŠ ĹŠ1#!.11~ ĹŠ+.2ĹŠ +1#"#".1#2ĹŠ"#ĹŠ+.2ĹŠ1#!(-3.2ĹŠ / 1 ĹŠ+(,/( 1ĹŠ+ ĹŠ/1./ % -" ĹŠ/.+~3(! ĹŠ04#ĹŠ2#ĹŠ!.+.!¢Ŋ+.2ĹŠ"~ 2ĹŠ -3#1(.1#2ĹŠ/ 1 ĹŠ /1.,.!(.- 1ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ".2ĹŠ3#2(2ĔŊ/.1ĹŠ+ 2ĹŠ!4 +#2ĹŠ+.2ĹŠ!.-!.1"#-2#2ĹŠ"# #1;-ĹŠ /1.-4-!( 12#ĹŠ'.8Ä“ -ĹŠ#+ĹŠ #%(231.ĹŠ (5(+ĹŠ2#ĹŠ#-31#% 1.-ĹŠÄ?ÄŠĹŠ!_"4+ 2ĹŠ' 23 ĹŠ+ 2ĹŠÄˆÄ?ĖććŊ8ĹŠ#-ĹŠ+ ĹŠ,#2 ĹŠ"#ĹŠ (-$.1, !(¢-ĹŠ"41 -3#ĹŠ+ ĹŠ,  - ĹŠ2#ĹŠ !#1! 1.-ĹŠ"#!#- 2ĹŠ"#ĹŠ/#12.- 2ĹŠ/ 1 ĹŠ!.-24+Äą 3 1ĹŠ"¢-"#ĹŠ"# #-ĹŠ5.3 1Ä“ĹŠ .".ĹŠ#23.ĹŠ#-ĹŠ,#"(.ĹŠ"#ĹŠ+ ĹŠ5(%(+ -!( ĹŠ"#ĹŠ+ ĹŠ .+(!~ ĹŠ,.-3 " ĹŠ 04#ĹŠ1#!.11#ĹŠ+ ĹŠ!(4" "ĹŠ/#1, -#-3#,#-3#Ä“
>eo" Z[ -0&& W '-0&&" (/$&./ [b[Yjeh[i Z[ BW 9edYehZ_W Z[# Y_Z_h|d c[Z_Wdj[ 9edikbjW Fe# fkbWh" ieb_Y_jWZW feh :[Yh[je ;`[Ykj_le /*," ik f[hj[d[dY_W W bW fhel_dY_W Z[ ;ic[hWbZWi" YkoWi Wkjeh_ZWZ[i [d ik cWoe# h‡W h[fh[i[djWd Wb Cel_c_[dje FefkbWh :[ceYh|j_Ye CF: 1 e W IWdje :ec_d]e Z[ bei Ji|# Y^_bWi" ZedZ[ j_[d[ cWoeh h[# fh[i[djWj_l_ZWZ [b Cel_c_[d# b[i" Y_dYe khXWdei o Zei hkhW# je eĂ’Y_Wb_ijW 7b_WdpW F7?I$ Kd b[i kX_YWZei [d bWi L_bb[]Wi o YWf‡jkbe gk[ fh[dj[dZ[ i[h [b Cedj[hh[o$ ;d jejWb i[ _dijWbW# fkdje Ă’dWb Z[ kdW ^_i# h|d -+ `kdjWi h[Y[fjehWi jeh_W Z[ *& W‹ei Z[ Yed# ĹŠ Z[b leje" gk[ [ijWh|d _d# Ă“_Yje j[hh_jeh_Wb$ j[]hWZWi feh i_[j[ f[hie# I[]‘d [b 9edi[`e DW# dWi" YkWjhe fh_dY_fWb[i o Y_edWb ;b[YjehWb 9D; " ĹŠ!_"4+ ĹŠ#2ĹŠ#+ĹŠ ĂŒ-(!.ĹŠ".!4,#-Äą jh[i ikfb[dj[i$ Bei leYW# eY^e eh]Wd_pWY_ed[i 3.ĹŠ/ 1 ĹŠ5.3 1Ä“ĹŠĹŠ b[i fh_dY_fWb[i h[Y_X_h|d fWhj_Y_fWhed Z[iZ[ [b +ĹŠ #%(231.ĹŠ (5(+ĹŠ kdW Yecf[diWY_ÂŒd Z[ '+ 3(#-"#ĹŠ'.8ĹŠ#-ĹŠ fWiWZe '* Z[ [d[he ^Wi# '.1 1(.ĹŠ#73#-"(Äą ZÂŒbWh[i$ ".Ä“ĹŠĹŠ ;b \kdY_edWh_e [nfb_# jW [b ( Z[ \[Xh[he Z[ (&'' [d bW YWcfW‹W$ YÂŒ jWcX_ƒd gk[ ^WXh| kdW `kdjW _dj[hc[Z_W ĹŠ [d bW ;iYk[bW Bk_i LWh# 1.!#2.ĹŠ#-ĹŠ, 1!' FW‘b IWbWpWh" l_Y[fh[# ]Wi Jehh[i$ 7i_c_ice" [b j_jkbWh Z[ bW [dj_ZWZ" i_Z[dj[ Z[b 9D;" _d\eh# ĹŠ #8ĹŠ #! ĹŠ#-ĹŠ ĹŠ .-!.1"( ĹŠ1(%#ĹŠ cÂŒ gk[ i[ Yk[djW Yed ' 23 ĹŠ+ 2ĹŠÄ‰ÄŒÄ–Ä‡Ä‡ĹŠ :ec_d]e FWh[Z[i" _dZ_# i_[j[ h[Y_djei [b[YjehW# "#ĹŠ,  - ĹŠÄ“ YÂŒ gk[ Yed [b eX`[j_le Z[
2#15 ".1#2 +#!!(.-#2ĹŠ
Ĺ—ĹŠ -23(343.ĹŠ"#ĹŠ +3.2ĹŠ 234"(.2ĹŠ !(.- +#2ĹŠ Ĺ—ĹŠ .1/.1 !(¢-ĹŠ 13(!(/ !(¢-ĹŠ (4" " - Ĺ—ĹŠ #$#-2.1~ ĹŠ"#+ĹŠ 4# +. ÆcWdj[d[h [b ehZ[dÇ" ZkhWdj[ [b fheY[ie [b[YjehWb i[ YedjWh| Yed ($+&& kd_\ehcWZei '$)&& Z[ bWi <k[hpWi 7hcWZWi o '$(&& Z[ bW Feb_Y‡W DWY_edWb $ 9ed h[if[Yje W bei h[ikbjWZei fh[b_c_dWh[i" c[dY_edÂŒ gk[ [ijei i[ YedeY[h|d ^eo [djh[ bWi '/0&& o (&0&&$
Ä“ĹŠ -ĹŠ#+ĹŠ1#!(-3.ĹŠ +ĹŠ #1%#+ĹŠ "#+ĹŠ! -3¢-ĹŠ +#-!( ĹŠ2#ĹŠ! /3¢Ŋ ĹŠ#23 ĹŠ 5(.-#3 ĹŠ$4,(% -".ĹŠ+ ĹŠĂŒ-(! ĹŠ#2!4#+ ĹŠ 04#ĹŠ' 8ĹŠ#-ĹŠ+ ĹŠ9.- Ä“
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ä‚
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĆĹ? Ĺ?Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Ĺ‹Ĺ‹Ĺ‹Ĺ‹Ĺ‹Ĺ‹
Ĺ‹
Ĺ‹ -5#23(% !(¢-ĹŠ 1#5#+ ĹŠ04#ĹŠ+ 2ĹŠ $4,(% !(.-#2ĹŠ _1# 2ĹŠ $#!3 -ĹŠ + ĹŠ2 +4"ĹŠ"#ĹŠ+.2ĹŠ /. + ".1#2Ä“ĹŠ .+.ĹŠ #-ĹŠ .2ĹŠ ~.2ĹŠ' 8ĹŠ ĈÄ?ēćĉÄ?ĹŠ/#12.- 2ĹŠ !.-ĹŠ"(2! / !(Äą " "Ä“ĹŠ +ĹŠ . #1- Äą ".1ĹŠ !#/3 ĹŠ04#ĹŠ 3(#-#-ĹŠ5(-!4+ Äą !(¢-ĹŠ!.-ĹŠ+ 2ĹŠ 2Äą /#12(.-#2Ä“ĹŠ 4,(% !(.-#2
., 1ĹŠ#-ĹŠ!4#-3
ĹŠĹŠ .2ĹŠ .13.2ĹŠ/."1~ -ĹŠ2#1ĹŠ!.-2#!4#-!( ĹŠ Ĺ—"#ĹŠ+ 2ĹŠ$4,(% !(.-#2Ä“ĹŠ +ĹŠ,.,#-3.ĹŠ2#ĹŠ 1# +(9 -ĹŠ#234"(.2Ä“
ŊŊ #-31.Ŋ"#Ŋ+ Ŋ ,/+( Ŋ% , Ŋ"#Ŋ/1."4!3.2Ŋ ŗ/ 1 Ŋ+ Ŋ$4,(% !(¢-Ŋ!.-23 -Ŋ%14/.2Ŋ04~,(Ĺ
!.2ĹŠ!.,.Ä–ĹŠ 1( 2.+ĔŊ 4,/#1ĔŊ (+5 !41ĔŊ (!.ĔŊ + "(4,ĔŊ .+#".ĔŊ 231. (+4 (- ĔŊ #%-41Ä—ĹŠ .31.ĹŠ%14/.ĹŠ"#ĹŠ/+ %4(!(" 2ĹŠ2#ĹŠ"#2/1#-"#-ĹŠ "#ĹŠ+ ĹŠ .1$.+(- ĔŊ +(73(-ĔŊ .++!8Ä—ĹŠ 1 .7 Äą ,(" ĹŠ8ĹŠ -(+(-./81(-" 2Ä“ĹŠ ĹŠ#23.2ĹŠ/1."4!3.2ĹŠ 2#ĹŠ24, -ĹŠ#+ĹŠ .1.ĔŊ9(-!ĹŠ8ĹŠ! +!(.ĹŠ/ 1 ĹŠ4- ĹŠ $4,(% !(¢-ĹŠ$.+( 1Ä“ (#-3#ĹŠ#23;ĹŠ Ĺ—31 ĹŠĹŠ ĹŠ #!1#3 1~ ĹŠ"#ĹŠ , ) -".ĹŠ#-ĹŠ+ ĹŠ!+ 2(ă! !(¢-ĹŠ3.7.!.+¢%(! ĹŠ
"#+Ŋ/1."4!3.ĔŊ/ 1 Ŋ,#"(1Ŋ+.2Ŋ/1."4!3.2Ŋ 04#Ŋ2.-Ŋ3¢7(!.2ĔŊ,#"(;3(! ,#-3#Ŋ3¢7(!.ŊŊ8Ŋ +#5#,#-3#Ŋ3¢7(!.ĔŊ!.-Ŋ+.Ŋ04#Ŋ2#Ŋ!.,/1.Ĺ 1;Ŋ04#Ŋ-.Ŋ2#Ŋ42#-Ŋ+.2Ŋ04#Ŋ2.-Ŋ +3 ,#-3#Ŋ 3¢7(!.2ē
K
C|i jWhZ[" [b '& Z[ eYjkXh[" C[hY[Z[i 8ebW‹ei" gk_[d ^WXh‡W i_Ze d YWc_de bWijhWZe [d bei ikXkhX_ei Z[ Gk[l[Ze dei YedZk`e ^WijW bW l_l_[dZW Z[ @kWdW DWj_l_ZWZ h[fh[i[djWdj[ Z[ 9hefb_\[" fh[i[djÂŒ W bW :[\[dieh‡W Z[b Fk[Xbe kd PWcXhWde$ Ik YWiW" kX_YWZW [d bW fWhhegk_W kh# _d\ehc[ h[ifedZ_[dZe W bW gk[`W$ ;d [b ZeYkc[dje i[‹WbÂŒ gk[ bei fbW]k_Y_ZWi kiWZei [d bW XWdW D_Yeb|i ?d\Wdj[ :‡Wp" bkY[ kd bbWcWj_le Ye# beh dWhWd`W Yed l[djWdWb[i d[]hei1 ik [ijhkYjkhW \kc_]WY_ÂŒd Z[ XWdWde fei[[d kdW ÆWYj_l_ZWZ Wdj_Yeb_d[ijW# Z[ ^ehc_]ÂŒd WhcWZe" Z[dejW kdW j‡f_YW l_l_[dZW h|i_YW ZƒX_bÇ" f[he bW cWoeh‡W Æde fei[[ kd [\[Yje i_]d_\_YWdj[ ^WY_W [ijW [dp_cW" e i[W gk[ de [n_ij[d \kd]_Y_ZWi YWhXWc|j_# Z[ YbWi[ c[Z_W$ 7b _d]h[iWh" kd h[jhWje Z[ iki jh[i ^_`ei ZW bW X_[dl[d_ZW Wb ^e]Wh$ Yei" feh be gk[ bei WYY_Z[dj[i Yed ikijWdY_Wi gk‡c_YWi ied Z[ Ăˆ@kWd_jWÉ" Yece b[ Z_Y[d iki l[Y_dei" YedjÂŒ gk[ bW l_ZW b[ YWcX_ÂŒ Z[iZ[ kie _dZkijh_Wb" Yece [b kie Z[ bW ]Wieb_dW o gk[ i[ Z[X[ jhWjWh ^WY[ jh[i W‹ei YkWdZe ik [ifeie" <hWdab_d <_]k[heW" ckh_ÂŒ i‘X_jW# Yece kd WYY_Z[dj[ Yecfb[jWc[dj[ Z_\[h[dj[ W be gk[ fk[Z[ ik# Y[Z[h Yed kdW ikijWdY_W gk‡c_YW Z[ kie W]h‡YebW Yece ied bei c[dj[ kdW jWhZ[ Z[ WXh_b c_[djhWi Z[iYWdiWXW [d kdW ^WcWYW$ ÆH[Yk[hZe gk[ [i[ Z‡W deiejhei de iWX‡Wcei gkƒ b[ fWiWXW" be ‘d_# fbW]k_Y_ZWi$ ;djh[ ejhWi WĂ’hcWY_ed[i" [d [b _d\ehc[ jWcX_ƒd c[dY_edÂŒ gk[ bei Ye gk[ dei Z[Y‡W [hW0 Æc[ Zk[b[ ckY^e [b [ijÂŒcW]eÇ1 YkWdZe Wb fWiWh bei c_dkjei [cf[pÂŒ W i[dj_hi[ cko cWb" W XejWh [ifkcW feh bW XeYW o eh]Wd_icei [ijWjWb[i j_[d[d bW h[ifediWX_b_ZWZ b[]Wb Z[ jecWh WYY_e# i_d ZWhdei Yk[djW" [d Yk[ij_ÂŒd Z[ i[]kdZei ckh_ÂŒĂ‡" h[YehZÂŒ bW l_kZW d[i o YedjhebWh [b dehcWb cWd[`e Z[ fbW]k_Y_ZWi$ I_d [cXWh]e" Wb Ă’dWb bW Yec_i_edWZW dWY_edWb Z[ Z[h[# c_[djhWi c_hWXW kdW Z[ iki \eje]hW\‡Wi$ Y^ei ^kcWdei _dZ_l_ZkWb[i o Z[ ]ƒd[hei" HeiWh_e Kjh[hWi I[]‘d bei [n|c[d[i h[Wb_pWZei [d [b ?dij_jkje DWY_edWb C_hWdZW" h[iebl_ÂŒ WYe][h bW gk[`W Z[ bei jhWXW`WZeh[i$ Z[ >_]_[d[ o C[Z_Y_dW Jhef_YWb ĂˆB[efebZe ?pgk_[jW F[h[pÉ Z[ =kWoWgk_b" [d bW iWd]h[ Z[ <_]k[heW i[ [dYedjhWhed #-ĹŠ1(#2%.ĹŠ"#ĹŠ $#!3 !(¢-ĹŠ/.1ĹŠ #, -" ĹŠ ĹŠ Ä“ Ä“ ck[ijhWi Z[ 9WhXWcWje fbW]k_Y_ZW gk‡c_Ye Wb]e fWh[Y_Ze %1.3¢7(!.2ĹŠ2# + ĹŠ#+ĹŠ(-$.1Äą ,#ĹŠÄĽ #1(3 )#ĹŠ ĹŠ+ ĹŠ2 +4"ĹŠ"#ĹŠ W bW kh[W " feh be gk[ i[ fh[ikc[ gk[ \Wbb[Y_ÂŒ feh [dl[d[# 31 ) ".1#2ĹŠ"#ĹŠ #1.$4,(Äą 7dj[ bW i_jkWY_ÂŒd" [d [b (&&. bei jhWXW`WZeh[i XWdWd[hei % !(¢-ĹŠ#-ĹŠ/+ -3 !(.-#2ĹŠ bb[lWhed ik f[Z_Ze W ;;$KK$ ;ijW l[p Z[cWdZWhed W bei \W# dWc_[dje$ - -#1 2ĹŠ"#ĹŠ .2ĹŠ ~.2ĔŊ 4 8 2ĹŠ8ĹŠ +ĹŠ 1.ÄŚÄ“ Xh_YWdj[i Z[ f[ij_Y_ZWi" [if[Y‡ÒYWc[dj[ Wb CWdYeY[X Z[b ;d l_ZW <hWdab_d \k[ WXWij[Y[Zeh Z[ Wl_ed[jWi Z[ \k# YkWb i[ fh[ikc[ j_[d[ kdW WbjW jen_Y_ZWZ $ c_]WY_ÂŒd feh c|i Z[ '( W‹ei$ >WY[ i_[j[ i[ ^WX‡W l_dYkbW# 9ed [b XkĂľ[j Z[ WXe]WZei 9edhWZ WdZ IY^[h[h i[ fh[# Ze W 7[hegk_h_" [cfh[iW Z[ W[he\kc_]WY_ÂŒd kX_YWZW [d bW i[djÂŒ bW WYY_ÂŒd fheY[iWb [d MWi^_d]jed :$9$ Kd W‹e Z[i# l‡W Gk[l[ZeĂ„LWb[dY_W" gk[ i[ [dYWh]ÂŒ Z[ YkXh_h jeZei bei ĹŠ fkƒi" [b `k[p Z[ bW YWkiW Z[j[hc_dÂŒ gk[ [iW de [hW bW `kh_i# ]Wijei \kd[hWb[i o" WZ[c|i" [djh[]Whb[ W ik [ifeiW @kWdW +ĹŠ/ ~2ĹŠ!4#-3 ĹŠ!.-ĹŠÄ‰ÄˆÄ?ēćććŊ Z_YY_ÂŒd fWhW [b `k_Y_e$ ;d bW fhel_Z[dY_W i[ h[Yec[dZÂŒ gk[ Wfhen_cWZWc[dj[ +$&&& ZÂŒbWh[i Yece _dZ[cd_pWY_ÂŒd$ ' ĹŠ"#ĹŠ/1."4!!(¢-ĹŠ - -#Äą c[`eh WYkZWd W 9Wb_\ehd_W$ ;d ;YkWZeh" [b `kh_ijW FWXbe 1 Ä“ĹŠ 4 8 2ĹŠ3(#-#ĹŠ /1.7(Äą , " ,#-3#ŊĒćēćććŊ' 2Ä“ <W`WhZe WfeoÂŒ bW YWkiW o [d [b (&'& Wkif_Y_ÂŒ kdW dk[lW !!(.-#2ĹŠ+#% +#2 gk[`W [d bW :[\[dieh‡W Z[b Fk[Xbe" YkoW h[iebkY_ÂŒd [ijWh‡W ;d (&&-" @eh][ 7YeijW" fh[i_Z[dj[ Z[ bW <kdZWY_ÂŒd >kcW# d_ice o Ieb_ZWh_ZWZ [d Bei H‡ei" o WYjkWb YeehZ_dWZeh Z[ jhWXW`WZe# W bW [if[hW o i[ WZ`kdjWh‡W fWhW h[_d_Y_Wh [b fheY[ie [d ;;$KK$ ;d [b fW‡i" [b CWdYep[X i[ [ijWh‡W Z_ijh_Xko[dZe XW`e bei decXh[i h[i XWdWd[hei" fh[i[djÂŒ kdW Z[dkdY_W [d bW :[\[dieh‡W Z[b Fk[Xbe$ Bei f[h_jei Z[j[hc_dWhed gk[ bWi \kc_]WY_ed[i Wƒh[Wi i‡ YWkiWXWd Yec[hY_Wb[i Z[0 :_j^Wd[" CWdpWj[ o ;kjWd[$ ZW‹e [d bW iWbkZ$ ;b C_d_ij[h_e Z[ IWbkZ F‘Xb_YW" YecWdZWZe [d [i[ [djedY[i feh + %4(!(" 2ĔŊ-#$ 23 2ĹŠ!.-2#!4#-!( 2 9Wheb_d[ 9^Wd]" Z_ifkie [b )& Z[ WXh_b Z[b c_ice W‹e gk[ bW IkXi[# C_[djhWi bWi WYY_ed[i b[]Wb[i i[ Z_bWjWd" bWi Wif[hi_ed[i Wƒh[Wi Z[ bei Yh[jWh‡W H[]_edWb 9eijW ?dikbWh _d\ehc[ ieXh[ bW gk[`W" f[he bW i_jkW# fbW]k_Y_ZWi j_[d[d Yedi[Yk[dY_Wi [d bW iWbkZ Z[ gk_[d[i ^WX_jWd [d Y_ÂŒd i[ XkheYhWj_pÂŒ o i[ [cf[pÂŒ W Z[ib_dZWh h[ifediWX_b_ZWZ[i$ FWiÂŒ bei Wbh[Z[Zeh[i Z[ bWi XWdWd[hWi$ ;d [b (&&/" bW C_i_ÂŒd CWdk[bW ;if[`e _Z[dj_Ă’YÂŒ W ',$&(- Z_iYWfW# feh bWi cWdei Z[b I[hl_Y_e ;YkWjeh_Wde Z[ IWd_ZWZ 7]hef[YkWh_W I;I7 #WYjkWb 7][dY_W ;YkWjeh_WdW Z[ 7i[]khWc_[dje Z[ bW 9Wb_ZWZ Y_jWZei [d bW fhel_dY_W Z[ Bei H‡ei$ :[ [bbei" .+, YWiei Yed Z_iYWfWY_# Z[b 7]he 7]heYWb_ZWZ # feh bW 9|cWhW Z[ bW ?dZkijh_W Z[ bW 9_[dY_W ZWZ \‡i_YW e _dj[b[YjkWb i[l[hW o [d i_jkWY_ÂŒd Yh‡j_YW$ 7b h[if[Yje" [b ]eX[hdWZeh Z[ Bei H‡ei" @[i‘i DWhl|[p Gk_dje bW# Z[ bei Ykbj_lei ;YkWZeh 9hefb_\[ " [b C_d_ij[h_e Z[ JhWXW`e o ;cfb[e1 c[djÂŒ h[bWY_edWh [b Wbje d‘c[he Z[ f[hiedWi Yed Z_iYWfWY_ZWZ Yed o bW :_h[YY_ÂŒd Z[ 7l_WY_ÂŒd 9_l_b :79 $ ;b (( Z[ `kd_e" [b Z_h[Yjeh ][d[hWb Z[ bW :79" 9ƒiWh Feiie _d\ehcÂŒ bWi \kc_]WY_ed[i Wƒh[Wi$ 7]h[]ÂŒ gk[ ]hWd fWhj[ Z[ bei W\[YjWZei l_# gk[ ik [dj_ZWZ de bb[lW kdW _d\ehcWY_ÂŒd fehc[deh_pWZW ieXh[ bei l[d [d pedWi Wb[ZW‹Wi W bWi fbWdjWY_ed[i Z[ XWdWde$ I_jkWY_ÂŒd i_c_bWh l_l[d bei ^WX_jWdj[i Z[ bWi fWhhegk_Wi BW 9[fW" gk‡c_Yei f[ij_Y_ZWi gk[ i[ kiWd [d W[he\kc_]WY_ÂŒd Z[ XWdWde" f[he gk[ i‡ [i Z[ ik h[ifediWX_b_ZWZ bW Yehh[YjW ef[hWY_ÂŒd" cWdj[d_c_[dje Z[b YWdjÂŒd OW]kWY^_ o BW 9^_gk_jW" Z[ C_bW]he" l‡Yj_cWi Z[ ^_ZheY[# \Wb_W o i‡dZhec[ Z[ 7f[hj$ o i[]kh_ZWZ Z[ bWi W[hedWl[i o f[hiedWb W[hed|kj_Ye$
Ďććēććć
4!' 2Ŋ/#12.- 2Ŋ 04#Ŋ5(5#-Ŋ#-Ŋ9.- 2Ŋ +#"  2Ŋ Ŋ - -#1 2Ŋ 3(#-#-Ŋ#14/!(.-#2Ŋ#-Ŋ+ Ŋ/(#+Ŋ "# (".Ŋ Ŋ+ Ŋ!.-3 ,(- !(¢-Ŋ 04#Ŋ2#Ŋ" Ŋ/.1Ŋ+.2Ŋ/+ %4(!(Ĺ " 2ĔŊ+.Ŋ04#Ŋ/."1~ Ŋ!4+,(- 1Ŋ #-Ŋ4-Ŋ!;-!#1Ģē ¥ Ŋ
Ä“
#Ŋ"# #Ŋ!1# 1Ŋ4- Ŋ .,(2(¢-Ŋ"#Ŋ+ Ŋ #1" "Ŋ 2. 1#Ŋ#+Ŋ42.Ŋ8Ŋ 42.Ŋ "#Ŋ/#23(!(" 2Ŋ#-Ŋ+ Ŋ %1.(-Ĺ "4231( Ŋ#!4 3.1( - ĢēŊ Ŋ Ŋ
^ Ŋ Ŋ Ŋ ĔŊ Ŋ Ŋ ¥ Ŋ Ŋ Ŋ Ŋ Ŋ ¥ Ŋ ¥ ŊIJŊ ē
.2.31.2Ŋ' !#,.2Ŋ+.Ŋ '4, - ,#-3#Ŋ/.2(Ĺ +#Ŋ/ 1 Ŋ/1.3#%#1Ŋ#+Ŋ , (#-3#Ŋ8Ŋ Ŋ+ 2Ŋ/#12.- 2ēŊ .-Ŋ+ 2Ŋ#,/1#2 2ŊŊ"#Ŋ$4,(Ĺ % !(¢-Ŋ _1# Ŋ+ 2Ŋ04#Ŋ"# #-Ŋ 31 3 1Ŋ04#Ŋ#+Ŋ/1."4!3.Ŋ04#Ŋ 42 -Ŋ! (% Ŋ+#).2Ŋ"#Ŋ+ 2Ŋ/.Ĺ + !(.-#2Ģē Ŋ :
ĹŠ } ĹŠ ĹŠ Ä“
4,(% ,.2Ŋ2. 1#Ŋ#+Ŋ 24#+.Ŋ!.-Ŋ,.!'(+ ēŊ 2Ŋ $#!!(.-#2Ŋ2#1~ -Ŋ/1."4Ĺ !(" 2Ŋ/.1Ŋ04~,(!.2Ŋ#,/+# ".2Ŋ #-Ŋ+.2Ŋ2#, 1~.2Ŋ"#Ŋ 11.9ĔŊ/4#2Ŋ #+Ŋ2#!3.1Ŋ#2Ŋ,;2Ŋ 11.!#1.Ŋ -3#2Ŋ04#Ŋ - -#1.Ģē
ĹŠ
¥ Ŋ Ŋ Ŋ Ŋ Ŋ ļ Ŋ ČĔŊ Ŋ ē
+3#1- 3(5 Ä–ĹŠ +ĹŠ - -.ĹŠ.1%;-(!.
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. Ĺ?
Ĺ—ĹŠĹŠĹŠ ĹŠ #!1#3 1~ ĹŠ !(.- +ĹŠ"#ĹŠ (#-Äą
!( ĹŠ8ĹŠ #!-.+.%~ Ŋĸ #- !83ĚŊ/1#5_ĹŠ04#ĹŠ #-ĹŠ+ ĹŠ/1¢7(, ĹŠ"_! " ĹŠ-(-%4- ĹŠ$143 ĹŠ 3#-% ĹŠ1#2("4.2ĹŠ"#ĹŠ/#23(!(" 2ĔŊ/.1ĹŠ+.ĹŠ 04#ĹŠ"#2"#ĹŠ8 ĹŠ31 ) -ĹŠ#-ĹŠ+ ĹŠ ĂŒ204#Äą " ĹŠ"#ĹŠ +3#1- 3(5 2ĔŊ2(#-".ĹŠ4- ĹŠ"#ĹŠ #23 2ĹŠ+ ĹŠ /+(! !(¢-ĹŠ"#ĹŠ (.+#2Ŋĸ$4#-3#ĹŠ "#ĹŠÄƒ3.11#%4+ ".1#2ĹŠ04#ĹŠ2#ĹŠ. 3(#-#-ĹŠ !.,.ĹŠ/1."4!3.ĹŠ"#ĹŠ+ ĹŠ"#2!.,/.Äą 2(!(¢-ĹŠ - #1¢ (! ĹŠ"#ĹŠ+.2ĹŠ"#2#!'.2ĹŠ .1%;-(!.2ĚĔŊ+.2ĹŠ!4 +#2ĹŠ3 , (_-ĹŠ8 ĹŠ 2#ĹŠ#+ .1 -ĹŠ#-ĹŠ#+ĹŠ1#!(-3.ĹŠ +ĹŠ #1%#+ĔŊ ĹŠ ,#"( ĹŠ'.1 ĹŠ"#+ĹŠ! -3¢-ĹŠ +#-!( Ä“ 1 ĹŠ#+ĹŠ/1#2("#-3#ĹŠ"#+ĹŠ 2#15 Äą 3.1(.ĹŠ .1 +Ŋĸ 2+ ĚŊ"#ĹŠ .2ĹŠ ~.2ĔŊ . #13ĹŠ +5 1 ".ĔŊ+ ĹŠ/+ -3 !(¢-ĹŠ"#+ĹŠ - -.ĹŠ.1%;-(!.ĹŠ%#-#1 1~ ĹŠ,;2ĹŠ $4#-3#2ĹŠ"#ĹŠ31 ).Ä“ĹŠ 2#%41 ĹŠ04#ĹŠ#-ĹŠ#2#ĹŠ! 2.ĹŠ+ ĹŠ #1.$4,(% !(¢-ĹŠ8 ĹŠ-.ĹŠ2#1~ ĹŠ-#!#Äą 2 1( ĔŊ/4#2ĹŠ+ 2ĹŠ $#!3 !(.-#2ĹŠ#-ĹŠ+ 2ĹŠ '.) 2ĹŠ2#ĹŠ+ 2ĹŠ3#-"1~ ĹŠ04#ĹŠ#+(,(- 1ĹŠ , -4 +,#-3#ĔŊ+.ĹŠ04#ĹŠ2(%-(ă! 1~ ĹŠ 04#ĹŠ!(#-3.2ĹŠ"#ĹŠ).1- +#1.2ĹŠ2#1~ -ĹŠ !.-31 3 ".2Ä“ +ĹŠ/1#2#-3#ĔŊ !4 ".1ĹŠ#23 1~ ĹŠ #7/.13 -".ĹŠ,;2ĹŠ"#ŊĉććŊ,(+ĹŠ! ) 2ĹŠ 2#, - +#2ĹŠ"#ĹŠ - -.ĹŠ.1%;-(!.ĹŠ8ĹŠ /."1~ ĹŠ!.-5#13(12#ĹŠ#-ĹŠ+~"#1ĹŠ/ 1 ĹŠ#+ĹŠ  .ŊĉćĉĎē #ĹŠ24ĹŠ/ 13#ĔŊ#+ĹŠ (-(23#1(.ĹŠ"#+ĹŠ , (#-3#ĹŠ +(23 ĹŠ+ ĹŠ#-31#% ĹŠ"#ĹŠ +(!#-!( 2ĹŠ8ĹŠ, 31(!4+ 2ĹŠ , (#-3 +#2ĔŊ ĹŠ04(#-#2ĹŠ/.2# -ĹŠ/+ -3 !(.-#2ĹŠ!.-ĹŠ ,;2ĹŠ"#ŊĉćŊ'#!3;1# 2ĹŠ"#ĹŠ - -.Ä“
LWh_ei Z[ bei YWiei \k[hed _Z[dj_Ă’YWZei feh bWi Xh_]WZWi cƒZ_YWi gk[ Z[ifb[]Whed bei ]Wb[dei Z[b 9eb[]_e CƒZ_Ye Fhel_dY_Wb Z[b =kW# oWi 9ec[fhe] " Yece fWhj[ Z[ ik Wfehj[ ieY_Wb W bW Yeckd_ZWZ$ BW cWoeh‡W Z[ bei [d\[hcei ied jhWjWZei [d [b ‘d_Ye Y[djhe Z[ [ij_ckbW# Y_ÂŒd j[cfhWdW gk[ ^Wo [d bW pedW o gk[ [i Z_h_]_Ze feh bW Yeckd_ZWZ Z[b h[Y_dje 9ed[$ @kb_e 9hkp" Z_h_][dj[ Z[ bW 7ieY_WY_ÂŒd Z[ FheZkYjeh[i Z[ 8WdWde ĂˆBei 9^_h_`eiÉ" Z[ C_bW]he" i[‹WbW gk[ [bbei de ied h[ifediWXb[i Z[ [ijei cWb[i [d bW iWbkZ Z[ bWi f[hiedWi fehgk[ iki \kc_]WY_ed[i i[ ^WY[d Yed ceY^_bWi gk[ h_[]Wd [b \kd]_Y_ZW ieXh[ [b ik[be$ ?dYbkie" [nfb_YW" gk[ jeZei bei gk‡c_Yei gk[ [cfb[Wd Yk[djWd Yed bWi Z[X_ZWi b_Y[dY_Wi o ]WhWdj‡Wi Z[ iki \WXh_YWdj[i$ F[he bei cƒZ_Yei Z[b 9ec[fhe] i[‹WbWd gk[ [d kd hWZ_e Z[ YkWjhe YWiWi ^Wo jh[i d_‹ei Yed fheXb[cWi Z[ Z_iYWfWY_ZWZ o gk[ bW [ijWZ‡i# j_YW i[‹WbW bW [n_ij[dY_W Z[ kdei -&& YWiei [djh[ WZkbjei o c[deh[i$ Feh be fhedje" kd c[deh bbWcWZe @kWd 9Whbei 9Wijhe" Z[ '& W‹ei Z[ [ZWZ" oW [ij| i_[dZe fh[fWhWZe fWhW kdW _dj[hl[dY_ÂŒd gk_h‘h]_YW" gk[ b[ f[hc_jW h[Ykf[hWh bW cejh_Y_ZWZ Z[ iki cWdei$ C_[djhWi jWdje" YWcf[i_dei Z[b i[Yjeh [ij_cWd gk[ bWi cWb\ehcW# Y_ed[i ied fheZkYje Z[ bei fbW]k_Y_ZWi$ ;ije" fehgk[ YkWdZe bWi [c# fh[iWi Z[ \kc_]WY_ÂŒd Wƒh[W _d_Y_Wd iki WYj_l_ZWZ[i bei Wb[hjWd fWhW gk[ _d]h[i[d W bWi fbWdjWY_ed[i kdW ^ehW Z[ifkƒi Z[ bWi Wif[hi_ed[i$ :[ W^‡ gk[ [b kie Z[ ^[hX_Y_ZWi Yece 9WhXWcWjei o CWdYedi[X" fe# Zh‡W i[h be gk[ ][d[h[ bW ][dejen_Y_ZWZ$
ă
Ä“ĹŠ .2ĹŠ'().2ĹŠ"#ĹŠ #1( #13.ĹŠ .1;-ĔŊ"#ĹŠÄˆÄ‰ĹŠ8ĹŠÄˆÄŠĹŠ  .2ĔŊ/ "#!#-ĹŠ"#ĹŠ"(2! / !(" "ĹŠ(-3#+#!34 +Ä“ĹŠ (5#-ĹŠ#-ĹŠ,#"(.ĹŠ "#ĹŠ - -#1 2ĔŊ +ĹŠ#23#ĹŠ"#ĹŠ !' + Ä“ĹŠ
/v'# )-Ĺ‹-)(Ĺ‹& . & -
Kd h[fehj[ Z[b :[fWhjWc[dje Z[ ;f_Z[c_ebe]‡W Z[ bW :_h[Y# Y_Œd Fhel_dY_Wb Z[ IWbkZ Z[ ;b Ehe i[‹WbW gk[ [d bei ‘bj_cei Y_dYe W‹ei i[ Wj[dZ_Œ W '.. f[h# iedWi gk[ fh[i[djWhed h_[i]e Z[ _djen_YWY_Œd feh fbW]k_Y_ZWi" bei YkWb[i [hWd fhel[d_[dj[i Z[ bei YWdjed[i Yed cWoeh fheZkY# Y_Œd W]h‡YebW YWYWe" XWdWde" [djh[ ejhei $ :[ [iW Y_\hW" [d [b (&'& i[ ^eif_jWb_pŒ W ,'" i_[dZe *( Z[b YWdjŒd IWdjW HeiW" be gk[ ^WY[ gk[ Z[ kdW jWiW Z[ '& c_b ^W# X_jWdj[i" [b +"- ^WoW ik\h_Ze Wb]‘d j_fe Z[ YedjWc_dWZe iŒbe [d [i[ YWdjŒd$ ;d [b _d\ehc[ Z[ YedjWc_dW# Y_Œd WcX_[djWb Z[ bW :_h[YY_Œd Fhel_dY_Wb Z[ IWbkZ i[ i[‹WbW gk[ j[d[cei c|i Z[ .& c_b gk‡c_Yei i_djƒj_Yei" ckY^ei Z[ bei YkWb[i ^Wd i_Ze Z[iWhhebbW# Zei Z[iZ[ '/+&" [djh[ bei gk[ i[ _dYbko[d0 fb|ij_Yei" f[ij_Y_# ZWi" YecXkij_Xb[i" Wdj_X_Œj_Yei" W][dj[i gk_c_ej[h|f_Yei" h[#
jWhZWdj[i Z[ \k[]e o ^ehcedWi i_djƒj_YWi o Z[c|i$ ÆFWhW bW fheZkYY_ÂŒd XWdWd[# hW" [d ik cWoeh fWhj[" i[ ^WY[ d[Y[iWh_e [b kie Z[ gk‡c_Yei f[b_]heiei gk[ ied Wfb_YWZei Z[ kdW cWd[hW cWdkWb o jWc# X_ƒd [ifWY_Wb" be gk[ Z[ cWd[# hW Z_h[YjW [ _dZ_h[YjW bk[]e Z[ YedjWc_dWh [b W]kW" [b W_h[ o bW j_[hhW lWd W fheZkY_h W\[YjWY_ÂŒd W bW iWbkZ ^kcWdWÇ" W‹WZ[ bW _d# l[ij_]WY_ÂŒd$ FWhW AbƒX[h Ieb‡i" `[\[ Z[b |h[W Z[ ;c[h[][dY_W Z[b >ei# f_jWb J[ÂŒĂ’be :|l_bW Z[ CWY^WbW" bW i_jkWY_ÂŒd [i ]hWl[" fk[i YWZW l[p ied c|i bWi f[hiedWi gk[ ik\h[d bWi Yedi[Yk[dY_Wi Z[ bWi \kc_]WY_ed[i XWdWd[hWi i_d d_d]kdW fhej[YY_ÂŒd$ Æ7XiehX[d Wb l[d[de feh bei e`ei" feh bWi l‡Wi h[if_hWjeh_Wi" feh bW f_[b" feh bW XeYW o ck# Y^Wi l[Y[i [i YedjkdZ[dj[ fWhW bW i_jkWY_ÂŒd Z[b fWY_[dj[" [if[# Y_Wbc[dj[ fWhW ik i_ij[cW d[h# l_eieÇ" [nfb_YÂŒ [b ]Wb[de$
;ij[ jhWjWc_[dje" [d bW cWoe# h‡W Z[ bei YWiei" lW WYecfW‹WZe Z[ kd bWlWZe o XW‹e _dj[hde fWhW Z[i_djen_YWh Wb fWY_[dj[" Wi‡ Yece bW YebeYWY_ÂŒd Z[ en‡][# de fWhW l_WX_b_pWh bWi l‡Wi h[i# f_hWjeh_Wi$ ÆI[ ^WXbW Z[ gk[ bWi b[i_ed[i ied fh_dY_fWbc[dj[ Wb i_ij[cW d[hl_eie" ik i_ij[cW Y_hYkbWje# h_e" i_ij[cW h[dWb" be gk[ fk[Z[ ZWh fWie W Wif[Yjei Z[][dWhWj_# lei" gk[ WjWYW Wb ^‡]WZe o Wb h_# ‹Œd" f[he gk[ [d [b deieYec_e iebe i[ jhWjW bW fWhj[ W]kZWÇ" [nfb_YÂŒ Ieb‡i$ O [i gk[ bWi Yedi[Yk[dY_Wi Z[ bWi \kc_]WY_ed[i i[h‡Wd _d# YWbYkbWXb[i$ I[]‘d [b WcX_[d# jWb_ijW >ÂŒb][h CWjWcehei" [b =eX_[hde j_[d[ gk[ [cf[pWh W jhWXW`Wh [d kdW YkbjkhW fWhW gk[ bei ^WX_jWdj[i Z[ bWi pedWi Y[hYWdWi W bWi XWdWd[hWi i[ fhe# j[`Wd Yed ]kWdj[i" cWiYWh_bbWi" XejWi" l[ij_c[djW [if[Y_Wb" fWhW [l_jWh gk[ bei gk‡c_Yei W\[Yj[d ik iWbkZ$
#"(" 2Ŋ"#Ŋ/1.3#!!(¢-
FWhW [b [nfehjWZeh M_b\h_Ze CWY‡Wi" bW fh[i[dY_W Z[ bWi Z_iYWfWY_ZW# Z[i [ij| h[bWY_edWZW Yed bW \WbjW Z[ kdW YkbjkhW Z[ fhej[YY_ÂŒd Z[ bei `ehdWb[hei o ^WX_jWdj[i gk[ l_l[d [d bWi _dc[Z_WY_ed[i$ xb [`[cfbWh_pÂŒ gk[ bb[lW jh[i W‹ei [ZkYWdZe W iki eXh[hei$ B[i Z_e -& Y^WhbWi fWhW Yedl[dY[hbei Z[ bW fhej[YY_ÂŒd o h[Y_ƒd W^ehW Ykcfb[d bWi dehcWi$ FWhW c_j_]Wh bei [\[Yjei Z[ bWi \kc_]WY_ed[i Wƒh[Wi [d bWi XWdW# d[hW" [b 9edY[`e 9WdjedWb Z[ 8k[dW <[ Bei H‡ei " [nf_Z_ÂŒ kdW Eh# Z[dWdpW gk[ Z[YbWhW ĂˆPedW Z[ H[i]kWhZe 7cX_[djWbÉ Wb f[h‡c[jhe khXWde o |h[Wi Z[ [nfWdi_ÂŒd hkhWb$ Ik WbYWbZ[" Bk_i PWcXhWde 8[bbe" Z[`ÂŒ [d YbWhe gk[ de i[ feZh| \kc_]Wh [d kd hWZ_e Z[ +&& c[jhei W fWhj_h Z[b b‡c_j[ Z[ bW h[\[h_ZW pedW khXWdW e d‘Yb[ei feXbWY_edWb[i1 e ^WijW bW Z_ijWdY_W W bW gk[ bb[]Wh[ bW `kh_iZ_YY_ÂŒd j[hh_jeh_Wb Z[b Ckd_Y_f_e YkWdZe ƒijW \k[h[ c[deh gk[ Z_Y^e hWZ_e$ ;d [b h[]bWc[dje WfheXWZe ^WY[ kd W‹e jWcX_ƒd i[ fhe^‡X[ gk[ Z[djhe Z[ bW ĂˆPedW Z[ H[i]kWhZe 7cX_[djWbÉ i[ kj_b_Y[ YkWbgk_[h j_fe Z[ fheZkYje gk‡c_Ye e X_ebÂŒ]_Ye Z[ kie W]hef[YkWh_e Z[ij_dWZe W bW \kc_]WY_ÂŒd e W bW \[hj_b_pWY_ÂŒd W]h‡YebW o%e \eh[ijWb1 [nY[fjkWdZe bei fheZkYjei Z[X_ZWc[dj[ Wkjeh_pWZei fWhW bW fh|Yj_YW Z[ W]h_YkbjkhW eh]|d_YW" bW gk[ Z[X[h| YedjWh Yed bW WfheXWY_ÂŒd Z[ bei C_d_ij[h_ei Z[0 IWbkZ F‘Xb_YW" 7cX_[dj[1 o Z[ 7]h_YkbjkhW" =WdWZ[h‡W" 7YkWYkb# jkhW o F[iYW$
Ä“ĹŠ .-ĹŠ,;2ĹŠ"#ĹŠÄ?ÄŽĹŠ,(+ĹŠ'#!Äą 3;1# 2ĹŠ+ 2ĹŠ04#ĹŠ2#ĹŠ/1."4!#-ĹŠ#-ĹŠ +ĹŠ 1.ĹŠ ĹŠ+.ĹŠ!4 +ĹŠ2#ĹŠ24, -ĹŠ+ 2ĹŠ/+ -3 !(.-#2ĹŠ"#ĹŠ ! ! .Ä“
Ä“ĹŠ .2ĹŠ-(Â .2ĹŠ24$1#-ĹŠ+ 2ĹŠ!.-2#!4#-!( 2ĹŠ"#ĹŠ/+ %4(!(" 2ĹŠ8ĹŠ-.ĹŠ/#1!( #-ĹŠ 84" ĹŠ"#ĹŠ- "(#Ä“
ƒ ą
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ä’ ' Ä“Ĺ‹ /(!/, "/ Ĺ‹& (4 Ĺ‹ / ,. -Ĺ‹ , '# )-Ĺ‹3Ĺ‹ (#4 Ĺ‹
4 .ĹŠ! ~" ĹŠ"#ĹŠ!#-(9 ĹŠ#-ĹŠ  .2ĔŊ 42ĂŒ ĔŊ (+ .ĹŠ8ĹŠ #+(+#.Ä“ĹŠ #2#ĹŠ +ĹŠ2423.ĔŊ2#ĹŠ, -Äą 3(#-#ĹŠ+ ĹŠ +#13 ĹŠ , 1(++ Ä“ĹŠ ŊěŊŊ7 bWi &+0&& Z[ Wo[h" [b Feb_jƒYd_YW DWY_edWb h[fehjÂŒ lebY|d Jkd]khW^kW Z[if[hjÂŒ W gk[ W bWi &/$)& f[hiedWb Z[ bW bei ^WX_jWdj[i Z[ 8W‹ei" 9ki‘W" _dij_jkY_ÂŒd" [d kd lk[be Yec[h# 8_bXWe o F[b_b[e" Yed kd \k[hj[ Y_Wb" eXi[hlWhed ieXh[ bW pedW YW‹edWpe o Yed YW‡ZW Z[ Y[d_# Z[b lebY|d kdW YebkcdW Z[ Æ[c_# pW$ ;b XhWc_Ze ZkhÂŒ Y[hYW Z[ i_ÂŒd feYe [d[h]ƒj_YWÇ Z[ Wfhen_# Y_dYe c_dkjei o \k[ [iYkY^WZe cWZWc[dj[ kd a_bÂŒc[jhe$ W '* a_bÂŒc[jhei$ BWi Wk# Bei jƒYd_Yei h[fehjW# jeh_ZWZ[i YWdjedWb[i o ĹŠ hed gk[ bW dkX[ ][d[hWZW fhel_dY_Wb[i i[ cWdj_[# Wb _d_Y_e Z[ [ij[ fheY[ie WbYWdpÂŒ [djh[ - o . a_bÂŒ# d[d Wb[hjWi Z[djhe Z[ bei
ĹŠĂŒ+3(, ĹŠ !3(5(Äą 9ec_jƒi Z[ Ef[hWY_ed[i " "ĹŠ(,/.13 -3#ĹŠ c[jhei Z[ WbjkhW ieXh[ .!411(¢Ŋ ĹŠ$(-#2ĹŠ ;c[h][dj[i 9E; $ [b d_l[b Z[b Yh|j[h o i[ >WijW [b cec[dje bW "#ĹŠÄ‰Ä‡ÄˆÄˆÄ”ĹŠ!4 -".ĹŠ Z_h_]_ÂŒ ^WY_W [b deh[ij[ #+ĹŠ . (#1-.ĹŠ !3(Äą WYj_l_ZWZ lebY|d_YW de 5¢Ŋ+ ĹŠ +#13 ĹŠ fWhW bk[]e ]_hWh ^WY_W [b - 1 -) Ä“ ikh[ij[$ i[ ^W _dYh[c[djWZe" feh [ie CWhYe Cedj[iZ[eYW" Z_h[Yjeh Z[ =[ij_ÂŒd Z[ H_[]ei" $#!3 1.-ĹŠ5~ Z_`e gk[ i[ Yedi[hlW bW Wb[hjW BWi _dj[diWi bbkl_Wi h[]_ijhWZWi WcWh_bbW$ [d bei i[Yjeh[i Z[ 9ki‘W o 8_bXWe ;b ?dij_jkje =[e\‡i_Ye Z[ bW W\[YjWhed W bW gk[XhWZW 7Y^kfW#
ÂĄ Ä“ĹŠ 2ĹŠ++45( 2ĹŠ%#-#1 " 2ĹŠ#-ĹŠ 42ĂŒ ĹŠ8ĹŠ (+ .ĔŊ $#!3 1.-ĹŠ+ ĹŠ!(1!4+ !(¢-ĹŠ"#ĹŠ 43.2Ä“ĹŠ
oWb" feh ZedZ[ XW`Œ beZe o f_[ZhWi" W\[YjWdZe bW hkjW gk[ YedZkY[ W bWi Zei pedWi$ Bei cehWZeh[i Z[ bei i[Yjeh[i WokZWhed W bei Yed# ZkYjeh[i gk[ i[ Whh_[i]Whed W fW# iWh Yed iki l[^‡Ykbei o gk[ZWhed
WjhWfWZei [d bW YWhh[j[hW" feh bei bW^Wh[i h[]_ijhWZei$ Bei W\[YjWZei ^_Y_[hed kd bbWcWZe W bWi Wkjeh_ZWZ[i Yehh[ifed# Z_[dj[i fWhW [b Whh[]be o Wj[d# Y_ÂŒd Z[ bW l‡W$ ĹŠ 11#1
;d [b Y[djhe Z[ 8W‹ei" bei Ye# c[hY_Wdj[i Z[ YW‹Wi o c[bYe# Y^Wi i[ Z[Z_YWhed [d bW cW‹W# dW W XWhh[h o h[Ye][h bW Y[d_pW lebY|d_YW gk[ YWoŒ [d [b bk]Wh$
BW c_icW i_jkWY_ÂŒd i[ h[]_i# jhe [d F[b_b[e$ FWhW bei cehWZeh[i Z[ bei i_# j_ei W\[YjWZei" [ijW de [i kdW i_# jkWY_ÂŒd gk[ b[i YWki[ j[ceh$ ÆDe fWiW dWZW" oW [ijWcei WYeijkc# XhWZei$ BW [nfbei_ÂŒd Z[ Wo[h i‡ bW i[dj_cei f[he de [i cej_le fWhW iWb_h Z[ dk[ijhWi YWiWi$ F[Z_cei gk[ dei Whh[]b[d bW l‡W" [d YWie Z[ Wb]e c|i ]hWl[ de j[dZh[cei YÂŒce cel_b_pWhdeiÇ" Z_`e 8ƒb]_# YW Eb_le Z[ 9ki‘W$
Ä“ĹŠ 04(- 1( ĹŠ/1.5(-!( +ĹŠ1#$4#19 ĹŠ,41.2Ä“
(ŋ / 3 -ŋ., $ (ŋ* , ŋ '#.#! ,ŋ &ŋ /,)ŋ#(0# ,()ŋ Ŋ ěŊ ;d ZeY[ i[Yjeh[i
fefkbWh[i Z[ =kWoWgk_b" f[h# iedWb Z[b C_d_ij[h_e Z[ IWbkZ Yed`kdjWc[dj[ Yed [b I[hl_Y_e Z[ ;hhWZ_YWY_ÂŒd Z[ bW CWbWh_W I[dWc o [b Ckd_Y_f_e jhW# XW`Whed Z[iZ[ bWi fh_c[hWi ^ehWi Z[ Wo[h [d kdW c_d]W Z[ b_cf_[pW W Ă’d Z[ [hhWZ_YWh bW cWoeh YWdj_ZWZ Z[ \eYei Z[ h[fheZkYY_ÂŒd Z[b Z[d]k[$ =beh_W 8Wgk[" ^WX_jWdj[ Z[b Xbegk[ kde Z[ 8Wij_ÂŒd Fefk# bWh" YWb_Ă’YÂŒ W bW `ehdWZW Yece X[d[Ă’Y_eiW" oW gk[ i[ ^Wd WYei# jkcXhWZe W l_l_h o Zehc_h Yed [b _di[Yje gk[ ^WijW b[i h[ikbjÂŒ WiecXheie l[h bW lebgk[jWi" YWc_ed[i o fWbWi c[Y|d_YWi" l[^‡Ykbei gk[ de l[‡Wd feh bW pedW ^WY[ ckY^e j_[cfe$ 7Z[c|i" bW Fh[\[YjkhW Z[b
=kWoWi _d_Y_ÂŒ bW YedijhkYY_ÂŒd Z[ ckhei Z[ Yedj[dY_ÂŒd" bW b_cf_[pW Z[ YWdWb[i" [b h[\ehpW# c_[dje Z[ fk[dj[i" [b[lWY_ÂŒd Z[ hWiWdj[i" fWhW fh[l[d_h _dkdZWY_ed[i [d c|i Z[ '' YWd# jed[i Z[ bW fhel_dY_W$ Kde Z[ bei i[Yjeh[i X[d[Ă’# Y_WZei \k[ bW YeckdW ;b =eb# \e" Z[ bW fWhhegk_W =[d[hWb L[hdWpW" [d IWb_jh[" ZedZ[ i[ Yedijhko[ kd ckhe Z[ Z[ )*& c[jhei [d bWi h_X[hWi Z[b [ij[he =kWY^Wf[b‡" W Ă’d Z[ [l_jWh [b Z[iXehZWc_[dje Z[ iki W]kWi$ ;d [i[ i[Yjeh ^WX_jWd c|i Z[ *&& \Wc_b_Wi o \k[hed W\[Y# jWZWi ^WY[ kd W‹e Yed bW fƒh# Z_ZW Z[ iki Ykbj_lei o ZW‹ei W iki l_l_[dZWi jhWi [b Z[iXehZW# c_[dje Z[b [ij[he W YWkiW Z[ bWi bbkl_Wi$
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ć
+Ŋ . (#1-.ĔŊ,#Ĺ "( -3#Ŋ242Ŋ / 1 3.2Ŋ "#Ŋ/1./ % -" ĔŊ,#Ŋ !42¢Ŋ"#Ŋ2#1Ŋ!.-2/(1 ".1Ŋ8Ŋ 3#11.1(23 Ģē #Ŋ/#12(%4#-Ŋ/.104#Ŋ "#$#-"~Ŋ Ŋ 4 " Ĺ +4/#Ŋ +.1(ĔŊ/1#$#!3 Ŋ "#Ŋ 1#++ - ĔŊ!.-2#%4~ŊŊ24ŊŊ ,-(23~ Ģē
Ŋ 423(!( Ŋ#23;Ŋ 2 +Ĺ 3 " ēŊ +Ŋ )#!43(5.Ŋ-.Ŋ 2.+.Ŋ+#Ŋ' Ŋ,#3(".Ŋ+ 2Ŋ , -.2Ŋ2(-.Ŋ+.2Ŋ/(#2Ģē ēŊ +.Ŋ 4#11#1.Ŋ(-%1#2 Ŋ Ŋ+ Ŋ (2! +~ Ŋ)4-3.Ŋ Ŋ24Ŋ/ "1#ĔŊ Ŋ1#-"(1Ŋ"#!+ 1 !(.-#2ēŊ
Ä’ )Ĺ‹()Ĺ‹-)3Ĺ‹. ,,),#-. Ä…Ĺ‹-)3Ĺ‹/(Ĺ‹&# , &Ä“
+.ĹŠ 4#11#1.ĹŠ#23;ĹŠ !42 ".ĹŠ/.1ĹŠ+ ĹŠ ++ , " ĹŠ3., ĹŠ"#ĹŠ Ä“ĹŠ #2"#ĹŠ +%ĂŒ-ĹŠ +4% 1ĹŠ"#+ĹŠ,4-".ĹŠ#7/+(! ĹŠ24ĹŠ1# +(" "Ä“ĹŠ FWXbe =k[hh[he CWhj‡d[p \k[ WYkiWZe Z[b ikfk[ije Z[b_je Z[ iWXejW`[ o j[hheh_ice feh [b _d# ]h[ie W bWi _dijWbWY_ed[i ;YkWZeh JL ZkhWdj[ [b )&#I$ ;b `k[p gk_d# je Z[ =WhWdj‡Wi F[dWb[i" HW‘b CWhj‡d[p" WYe]_ÂŒ [b Z_YjWc[d Z[b Ă’iYWb o bbWcÂŒ W `k_Y_e W ') Y_kZW# ZWdei$ =k[hh[he ^WXbÂŒ Yed Z_Wh_e BW >ehW Z[iZ[ ik [n_b_e ieXh[ bei cej_lei gk[ b[ bb[lWhed W WXWd# ZedWh [b fW‡i$ De h[l[bW [b fW‡i [d [b gk[ i[ [dYk[djhW$ Ä .1ĹŠ04_ĹŠ"#!("(¢Ŋ2 +(1ĹŠ#+ĹŠ/ ~2Ä&#x;
;d Z[\[diW Z[ c_ _dj[]h_ZWZ \‡# i_YW o fi_YebŒ]_YW" fehgk[ i[ c[ [ij| `kp]WdZe feh [b Z[b_je Z[ iW# XejW`[ o j[hheh_ice" YkWdZe c_i WYjei de \k[hed [iei" c_i WYjei \k[hed Z[ Z[ h[i_ij[dY_W \h[dj[ W [iW YWZ[dW _d_dj[hhkcf_ZW gk[ i[ Z_e [b )& Z[ i[fj_[cXh[ Z[
j[ijW ieY_Wb o i[ fh[j[dZ[ bb[lWh# c[ W bW Y|hY[b feh '( W‹ei feh Wb]e gk[ de ^[ Yec[j_Ze$ De ieo j[hheh_ijW" oe ieo b_X[hWb$ I[ l_ebŒ c_ fh[ikdY_Œd Z[ _de# Y[dY_W$ ;d bei c[i[i feij[h_eh[i Wb )&#I" [b YWdWb Z[b =eX_[hde iWYŒ kdW YWdj_ZWZ Z[ ZeYkc[djWb[i ZedZ[ i[ Z_`e gk[ FWXbe =k[hh[he CWh# j‡d[p \k[ bW f[hiedW gk[ [diWcXbŒ [b YedjWYje Yed 9Whbei L[hW o BkY_e =kj_ƒhh[p" fWhW fhef_Y_Wh kd ]ebf[ Z[ [ijWZe" be gk[ [i \Wbie$
(&'& )&#I " Z‡W Z[ bW h[lk[bjW feb_Y_Wb o gk[ _cfei_X_b_jÂŒ [b b_# Xh[ Ă“k`e Z[ bW _d\ehcWY_ÂŒd$ ;b Z[b_je gk[ i[ c[ Wjh_Xko[ de i[ [dYk[djhW j_f_Ă’YWZe [d bW b[o" [i kdW Z[iYh_fY_ÂŒd gk[ i[ ^_pe [d kd Z[Yh[je ikfh[ce Z[ bW Z_YjW# ZkhW Z[ '/,+ o [i kd fh_dY_f_e kd_l[hiWb Z[ Z[h[Y^e gk[ dWZ_[ Ä (ĹŠ+#ĹŠ% 1 -3(9 -ĹŠ4-ĹŠ)4(!(.ĹŠ /#% ".ĹŠ fk[Z[ i[h `kp]WZe feh kd WYje ĹŠ"#1#!'.ĔŊ1#%1#2 1~ Ä&#x; gk[ de [ij| [ijWXb[Y_Ze [d bW b[o$ ;i kdW ^_fÂŒj[i_i" [d [b [l[dje gk[ [ie i[ Z_[hW oe de j[dZh‡W Ä 4;+#2ĹŠ2.-ĹŠ+ 2ĹŠ! 1 !3#1~23(! 2ĹŠ"#ĹŠ d_d]‘d fheXb[cW [d lebl[h$ F[he fWhW [bbe bW fh_c[hW i[‹Wb 4-ĹŠ/#12#%4(".ĹŠ/.+~3(!.Ä&#x; 7jh_Xk_hb[ kd Z[b_je gk[ de ^W gk[ Z[X[h‡W ZWhi[ [i WY[fjWhi[ [b Yec[j_Ze" Yh_c_dWb_pWh [b Z[h[# h[Ykhie Z[ dkb_ZWZ _dj[hfk[ije Y^e W bW h[i_ij[dY_W" W bW b_X[hjWZ feh c_ Z[\[diW$ Z[ f[diWc_[dje" ik b_X[hjWZ Z[ [nfh[i_ÂŒd$ ;ije [i be gk[ ^W eYk# Ä Â˘,.ĹŠ2#ĹŠ+#ĹŠ/."1~ ĹŠ1#/ 1 1ĹŠ+.2ĹŠ" Äą hh_Ze Yedc_]e$  .2ĹŠ#-ĹŠ#+ĹŠ! 2.ĹŠ"#ĹŠ04#ĹŠ423#"ĹŠ-.ĹŠ' 8 ĹŠ C[ i_[dje kd f[hi[]k_Ze feh# !.,#3(".ĹŠ#+ĹŠ"#+(3.Ä&#x; gk[ i[ [ij| kj_b_pWdZe kd Z[Yh[je 9ece WXe]WZe bW h[ifk[ijW i[h‡W Yed [b YkWb i[ Yh_c_dWb_pW bW fhe# W jhWlƒi Z[ kdW _dZ[cd_pWY_ÂŒd
)&Z'# Ĺ‹- (. ( # Ĺ‹ *),Ĺ‹* /& )Ĺ‹ ( ,#) Bei `k[Y[i Z[ bW Fh_c[hW IWbW F[# Z[b_je Z[ f[YkbWZe XWdYWh_e" j_# dWb Z[ bW h[Y_[dj[c[dj[ Y[iWZW f_Ă’YWZe o iWdY_edWZe [d [b 7hj$ 9ehj[ DWY_edWb Z[ @kij_Y_W (+- _dY_iei j[hY[he o YkWh# 9D@ bb[]Whed W bW YedYbk# ĹŠ je Z[b 9ÂŒZ_]e F[dWb" o b[i _cfkie bW f[dWb Z[ eY^e i_ÂŒd" c[Z_Wdj[ i[dj[dY_W Z[ YWiWY_ÂŒd" gk[ fWhW gk[ W‹ei Z[ h[Ybki_ÂŒd cWoeh ehZ_dWh_W$ BW i[dj[dY_W [n_ijW f[YkbWZe XWdYWh_e .2ĹŠ '.1 ĹŠ!.-Äą "#- ".2ĹŠ2#ĹŠ Z[X[ ^WX[h bW fWhj_Y_fWY_ÂŒd ' 1~ -ĹŠ24231 ~Äą \k[ YedĂ’hcWZW feh bW Fh_# Z[ kd \kdY_edWh_e f‘Xb_Ye ".ĹŠ"#+ĹŠ -!.ĹŠ"#+ĹŠ 4231.ĔŊ,;2ĹŠ"#ĹŠ c[hW IWbW F[dWb Z[ bW 9eh# [d [b Yec[j_c_[dje Z[ bW _d# ĉĎćēćććŊ"¢+ 1#2 j[ Fhel_dY_Wb Z[b 7pkWo$ 7b \kdZWc[djWh [b h[# \hWYY_ÂŒd _dl[ij_]WZW$ C[Z_Wdj[ i[dj[dY_W Ykhie Z[ YWiWY_ÂŒd" 9WhbW [nf[Z_ZW [b * Z[ WXh_b Z[ (&''" 7l[Y_bbWi Z_Y[ gk[ [d bW i[dj[d# [b Jh_XkdWb J[hY[he Z[ =WhWd# Y_W Z_YjWZW [d ik YedjhW i[ ^WXbW j‡Wi F[dWb[i Z[b 7pkWo Z[YbWhÂŒ Z[ Æf[YkbWZe XWdYWh_eÇ" YkWdZe W bei _cfkjWZei Fh_iY_bW LWbb[`e [b 7hj$ (+- Z[b 9ÂŒZ_]e F[dWb iebe ?pgk_[hZe" 9WhbW 7l[Y_bbWi H‡ei i[ h[Ă’[h[ W Æf[YkbWZeÇ" feh jWd# o ;ZkWhZe FWbec[gk[ CWY‡Wi" je [ij[ Z[b_je de [n_ij[ o gk[" Z[ [n[cfb[WZei Z[b 8WdYe Z[b 7ki# WYk[hZe Yed [b 7hj$ )+( Z[b 9ÂŒZ_# jhe" Wkjeh[i o h[ifediWXb[i Z[b ]e Z[ FheY[Z_c_[dje F[dWb" dW#
ļ (Ŋ/ 13(!(/ !(¢-Ŋ#-Ŋ#+ŊĊćĹ Č ŗŊŊ .".2Ŋ+.2Ŋ)4#5#2Ŋ-.2Ŋ1#4-~ ,.2Ŋ5 1(.2Ŋ!(4" " -.2Ŋ/ 1 Ŋ#7/1#2 1Ŋ-4#231.Ŋ 1#!' 9.Ŋ Ŋ+ Ŋ #8Ŋ .1" 9 ĔŊ#2#Ŋ"~ Ŋ! 8¢Ŋ)4#5#2ēŊ +Ŋ . (#1-.Ŋ"(2/42.Ŋ4- Ŋ! "#- Ŋ
!(.- +ĹŠ04#ĹŠ(,/("(¢Ŋ04#ĹŠ+.2ĹŠ,#"(.2ĹŠ(-"#/#-"(#-3#2ĹŠ/4#" -ĹŠ"($4-"(1ĹŠ+.ĹŠ04#ĹŠ 1# +,#-3#ĹŠ.!411~ Ä“ĹŠ ++.ĹŠ,.3(5¢Ŋ04#ĹŠ!.-!411 ,.2ĹŠ ĹŠ+ 2ĹŠ(-23 + !(.-#2ĹŠ"#ĹŠ Ä“ĹŠ #12.- 2ĹŠ"#2!.-.!(" 2ĹŠ/ 1 ĹŠ,~ĹŠ1# +(9 1.-ĹŠ !3.2ĹŠ"#ĹŠ$4#19 ĔŊ.31.2ĹŠ/#"~ -ĹŠ04#ĹŠ 2#ĹŠ,#ĹŠ#-31#5(23#Ä“ĹŠ +ĹŠ5#1ĹŠ,(ĹŠ/.2(!(¢-ĹŠ31 -04(+ ĔŊ#,/+# ".2ĹŠ"#ĹŠ+.2ĹŠ,#"(.2ĹŠ/ĂŒ +(!.2ĹŠ /1. 1.-ĹŠ04#ĹŠ(-%1#2#ĹŠ/ 1 ĹŠ2#1ĹŠ#-31#5(23 ".Ä“ĹŠ 4(ĹŠ!.-"4!(".ĹŠ +ĹŠ2#3ĹŠ"#ĹŠ#-31#5(23 2ĹŠ ".-"#ĹŠ2#ĹŠ,#ĹŠ'(9.ĹŠ/ 2 1ĹŠ/ 1 ĹŠ2#1ĹŠ#-31#5(23 ".Ä“ĹŠ -ĹŠ,(ĹŠ(-3#15#-!(¢-ĔŊ04#ĹŠ-.ĹŠ$4#ĹŠ 2 ! " ĹŠ +ĹŠ (1#ĔŊ#7'.13_ĹŠ +ĹŠ . (#1-.ĹŠ ĹŠ#5(3 1ĹŠ+ ĹŠ5(.+#-!( ĹŠ8ĹŠ#-!.-31 1ĹŠ+ ĹŠ2.+4!(¢-Ä“ĹŠ 4 -".ĹŠ2 +~ĔŊ4-ĹŠ,(++ 1ĹŠ"#ĹŠ/#12.- 2ĹŠ#23 -ĹŠ $4#1 ĹŠ8ĹŠ ĹŠ/#"(".ĹŠ"#ĹŠ +%4(#-ĹŠ(,/1.5(Äą 2_ĹŠ4-ĹŠ"(2!412.ĹŠ".-"#ĹŠ1#!' !_ĹŠ+ ĹŠ,.-./.+(9 !(¢-ĹŠ"#ĹŠ+ ĹŠ! "#- ĹŠ"#+ĹŠ . (#1-.ĹŠ8ĹŠ,#ĹŠ /1.-4-!(_ĹŠ#-ĹŠ"#$#-2 ĹŠ"#ĹŠ+ ĹŠ+( #13 "ĹŠ"#ĹŠ#7/1#2(¢-Ä“
Yeckd_YWY_ÂŒd" fWhW gk[ fk[ZWd fWhj_Y_fWh bei ejhei YWdZ_ZWjei [d _]kWbZWZ Z[ YedZ_Y_ed[i$ H[ikbjW kd Z[ifhefÂŒi_je fWhW bW cehWb o bWi Xk[dWi YeijkcXh[i gk[ i[ Z_]W Z[cÂŒYhWjW o kj_b_Y[ fWhW ik X[d[Ă’Y_e f[hiedWb bWi _dijWdY_Wi [ _dij_jkY_ed[i Z[b ;ijWZe [d YedjhW Ä 4_ĹŠ+#ĹŠ"(1~ ĹŠ +ĹŠ/1#2("#-3#ĹŠ $ #+ĹŠ Z[ bei YWdZ_ZWjei$
f[Ykd_Wh_W W j‡jkbe Z[ h[fWhWY_ÂŒd$ :[iZ[ kdW f[hif[Yj_lW ikf[h_eh W be `kh‡Z_Ye [ije [i _hh[fWhWXb[ fehgk[ [b ZW‹e gk[ i[ c[ ^W ^[# Y^e [i fhe\kdZe" fehgk[ i[ ^W Z[iWhhW_]WZe Z[ c_i h[bWY_ed[i Yed c_ \Wc_b_W$ .11# Ä&#x;
Gk[ f[hc_jW gk[ ^WoW kdWi [b[Y# Ä #ĹŠ!.-.!(¢Ŋ8 ĹŠ+ ĹŠ5#1" "ĹŠ"#+ŊĊćĹ Ä&#x; Y_ed[i b_cf_Wi o Z[ceYh|j_YWi 7^‡ de ^kXe kd ]ebf[ Z[ [ijWZe" ZedZ[ ƒb de Yedjheb[ bei c[Z_ei Z[ ^kXe kdW _dikXehZ_dWY_ÂŒd feb_Y_Wb$
(2! +ĹŠ-.ĹŠ!.,/ 13#ĹŠ #+ĹŠ!1(3#1(.ĹŠ"#ĹŠ+.2ĹŠ)4#!#2 Ĺ—ĹŠĹŠ
+ĹŠÄƒ2! +ĹŠ .2_ĹŠ 1!~ ĹŠ +!.-~ĹŠ-.ĹŠ!.,/ 13#ĹŠ#+ĹŠ!1(3#1(.ĹŠ"#ĹŠ+.2ĹŠ)4#!#2ĹŠ8ĹŠ -4-!( ĹŠ 04#ĔŊ/1#5( ĹŠ 43.1(9 !(¢-ĹŠ"#+ĹŠ (2! +ĹŠ #-#1 +ĹŠ"#+ĹŠ 23 ".ĔŊ2#ĹŠ/1#2#-3 1;ĹŠ4-ĹŠ1#!412.ĹŠ #731 .1"(- 1(.ĹŠ"#ĹŠ/1.3#!!(¢-ĹŠ#-ĹŠ+ ĹŠ .13#ĹŠ .-23(34!(.- +Ä“ 1 ĹŠ#23#ĹŠ$4-!(.- 1(.ĔŊ#+ĹŠ"#+(3.ĹŠ"#ĹŠ/#!4+ ".ĹŠ -! 1(.ĹŠ#23;ĹŠ"# (" ,#-3#ĹŠ3(/(ÄƒÄą ! ".ĹŠ#-ĹŠ#+ĹŠ 13ēŊĉĎÄ?ĹŠ"#+ĹŠ ¢"(%.ĹŠ #- +ĹŠ8ĹŠ242ĹŠ(--4,#1 ".2ĹŠ04#ĹŠ+#ĹŠ2(%4#-ĔŊ#-ĹŠ+.2ĹŠ04#ĹŠ 2#ĹŠ' + ĹŠ"#+ĹŠ/#!4+ ".ĹŠ(,/1./(.ĹŠ/ 1 ĹŠ+.2ĹŠ#,/+# ".2ĹŠ/1(5 ".2ĔŊ+.ĹŠ!4 +ĹŠ3 , (_-ĹŠ#2ĹŠ !.11. .1 ".ĹŠ/.1ĹŠ+ ĹŠ #8ĹŠ"#ĹŠ ../#1 3(5 2ĹŠ#-ĹŠ+.2ĹŠ 132Ä“ĹŠÄ‰ÄŒÄ‰ĹŠ8ĹŠÄ‰ÄŒÄŠÄ“ĹŠ
Z_[ fk[Z[ i[h h[fh_c_Ze feh kd Z[b_je gk[ de [ijƒ j_f_Ă’YWZe feh bW b[o f[dWb" feh be gk[ de i[ ^W Z[ceijhWZe bW cWj[h_Wb_ZWZ Z[ bW _d\hWYY_ÂŒd$ 7Zk`e jWcX_ƒd gk[ de i[ b[ fk[Z[ _cfkjWh W [bbW d_ W bei ejhei fheY[iWZei [b Z[b_je Z[ f[YkbWZe" oW gk[ [ijW _d\hWYY_ÂŒd i[ h[Ă’[h[ [nYbki_lWc[dj[ W bei \kdY_edW# h_ei f‘Xb_Yei" W gk_[d[i cWd[# `Wd \edZei f‘Xb_Yei o W gk_[d[i ^Wd YebWXehWZe Yed kd \kdY_e#
dWh_e f‘Xb_Ye fWhW Yec[j[h [ijW _d\hWYY_Œd$ ;nfkie WZ[c|i gk[ [d ik YWie dkdYW cWd[`Œ \edZei f‘Xb_Yei e Z[b ;ijWZe$ Bei W^ehW [n`k[Y[i Z[ bW Fh_# c[hW IWbW F[dWb Z[ bW 9D@" Bk_i CeoWde" >[hd|d KbbeW o C_bjed F[‹Whh[jW" `kij_\_YWhed gk[ [d \Wbbei Wdj[h_eh[i i[ ^W [ijWXb[Y_# Ze [b Yh_j[h_e Z[ gk[" YWiei Yece [ij[ i[ ikXikc[d [d [b 7hj$ +,) Z[b 9ŒZ_]e F[dWb" [i Z[Y_h [d bW Wfhef_WY_Œd _dZ[X_ZW" feh be
Ä“ĹŠ ĹŠ .13#ĹŠ !(.- +ĹŠ!4#-3 ĹŠ 8 ĹŠ!.-ĹŠ242ĹŠ-4#5.2ĹŠÄ‰ÄˆĹŠ)4#!#2Ä“ĹŠ
gk[ i_[dZe fWhj‡Y_f[ Z[b Z[b_je de WfWh[Y[ bW Wkjeh‡W Z[ kd \kd# Y_edWh_e f‘Xb_Ye" ‘d_YWc[dj[ W cWd[hW Z[ [ijWXb[Y[h f[YkbWZe XWdYWh_e feh [b gk[ ^W i_Ze Yed# Z[dWZW$ Feh [ijWi Yedi_Z[hWY_ed[i" bW IWbW YWiÂŒ Z[ eĂ’Y_e bW i[dj[dY_W o YedZ[dÂŒ W bei _cfkjWZei W bW f[dW Z[ YkWjhe W‹ei Z[ fh_i_ÂŒd$
ć
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. Ĺ?
/* , #š(ŋ ŋ#'*/ -.)ŋ ŋŋ& -ŋ ). && -ŋ()ŋ '#( ŋŋ
.ĹŠ2#ĹŠ!.-.!#-ĹŠ+.2ĹŠ/4-3.2ĹŠ"#ĹŠ! -)#ĹŠ8ĹŠ ' 8ĹŠ / 3~ ĹŠ#-ĹŠ+.2ĹŠ!.-24,(".1#2ĹŠ"# (".ĹŠ +ĹŠ31;,(3#ĹŠ04#ĹŠ(,/+(! Ä“ĹŠ BW h[Ykf[hWY_ÂŒd Z[ bei ( Y[djW# [i[ Z_d[heÇ" i[‹WbÂŒ$ :[ ^[Y^e" lei Z[b _cfk[ije W bWi Xej[bbWi [ie b[ ikY[Z_ÂŒ W @[i‘i HeZh‡# fb|ij_YWi de h[jehdWXb[i de i[ ]k[p" fhef_[jWh_e Z[ L‡l[h[i Ykcfb[ [d bW fh|Yj_YW$ ;b YeXhe 9h_ij_dW Gk_je " gk_[d Wb _d_Y_e Z[b _cfk[ije oW i[ Wfb_YW ^WY[ de i[ Z_e Yk[djW gk[ b[ [ijWXWd kd c[i" f[he ^Wo feYei fkdjei \WYjkhWdZe c|i o de YeXhÂŒ bei Z[ YWd`[ fWhW h[YbWcWh bW Z[le# ( Y[djWlei$ Æ>WY[ kdW i[cWdW bkY_ÂŒd Z[ bei ( Y[djWlei$ 7Z[# h[Y_ƒd c[ f[hYWjƒ o fh[]kdjƒ" c|i" Z[X_Ze Wb Z[iYedeY_c_[dje" [b Z_ijh_Xk_Zeh c[ Z_`e gk[ [hW ^Wo WfWj‡W [d bW Y_kZWZWd‡W fWhW Z[b _cfk[ije o gk[ Z[Xe YeXhWh bei ( Y[djWlei c|i W bW ][dj[" [n_]_h [b Z_d[he$ Iebe bei Yec[hY_Wb_pWZeh[i f[he oW f[hZ‡ be gk[ fW]kƒ feh [ij|d h[Ykf[hWdZe bei lWbeh[i kd c[iÇ" WdejÂŒ$ gk[ Z[X[d fW]Wh Wb I[hl_Y_e Z[ H[djWi ?dj[hdWi IH? feh YWZW (-ĹŠ,#! -(2,.ĹŠ Xej[bbW de h[jehdWXb[ l[dZ_ZW$ :[ WYk[hZe Wb l_Y[c_d_ijhe C_[djhWi [b \WXh_YWdj[ e _cfeh# Z[ ?dZkijh_Wi" @kWd <hWdY_iYe jWZeh b[ YeXhW Wb j[dZ[he" ƒij[ be 8Wbbƒd" [i bW eXb_]WY_ÂŒd Z[ bWi h[Ykf[hW YeXh|dZebe Wb f‘Xb_Ye$ \WXh_YWdj[i e _cfehjWZehWi 7^‡ ck[h[ feh [b cec[dje [b [ijWXb[Y[h c[YWd_icei Z[ h[# fheY[ie o [b Yedikc_Zeh [i [b Ykf[hWY_ÂŒd W jhWlƒi Z[ bWi fhe# f_Wi j_[dZWi$ ;d bW h[Wb_ZWZ" i_d gk[ j[hc_dW fW]WdZe$ [cXWh]e" de [n_ij[d$ :[ ;b YWie Z[ bW :_ijh_Xk_# ^[Y^e" Jk\_‹e _dZ_YÂŒ ZehW J J dehj[ Z[ Gk_je gk[ iÂŒbe 9eYW#9ebW h[# Z[ck[ijhW gk[ bW h[Ykf[# Ĉđ
Yec[dZÂŒ gk[ Æ_dZ_gk[# hWY_ÂŒd Z[ bei ( Y[djWlei de ĹŠ"#ĹŠ"¢+ 1#2ĹŠ#2/#Äą i[ Ykcfb[$ I_bl_W Jkҋe" 1 ĹŠ1#! 4" 1ĹŠ#+ĹŠ cei W bW ][dj[ gk[ lWoW $(2!.ĹŠ"#ŊĒććŊ h[Yeb[YjWdZe bWi Xej[# fhef_[jWh_W Z[b [ijWXb[# ,(++.-#2ĹŠ"#ĹŠ .3#Äą bbWi o gk[ lWoWd W h[YbW# Y_c_[dje" _dZ_YÂŒ gk[ h[i# ++ 2ĹŠ! " ĹŠ  .Ä“ĹŠ cWh bW Z[lebkY_ÂŒd [d bW j_jko[ [b _cfk[ije [d bWi FWdWc[h_YWdW Dehj[ Z[ l[djWi$ÆI[ [ij| YeXhWdZe bei ( Y[djWlei WZ_Y_edWb[i" f[he de Gk_je ZedZ[ [ij| kX_YWZW bW [ijWcei Z[lebl_[dZe i_ dei YWd# fbWdjW Z[ bW [cfh[iW $ HeZh‡]k[p" [d YWcX_e" _d# `[Wd bWi Xej[bbWiÇ" W]h[]ÂŒ$ :[ WYk[hZe W Jk\_‹e" Æde Z_YÂŒ gk[ ƒb de ^W h[Y_X_Ze d_d# fk[Ze Z[lebl[h fehgk[ Z[i# ]kdW [nfb_YWY_ÂŒd Z[b bk]Wh W fkƒi gk_ƒd c[ h[ifedZ[ W c‡ ZedZ[ _h W Z[`Wh bWi Xej[bbWi$
Ä“ĹŠ +ĹŠ(,/4#23.ĹŠ'.8ĹŠ#-ĹŠ"~ ĹŠ#2ĹŠ 2.1 (".ĹŠ/.1ĹŠ+.2ĹŠ!.-24,(".1#2Ä“
ÆIÂŒbe c[ Z_`[hed gk[ b[ Z_]W W bW ][dj[ gk[ ]kWhZ[ bWi Xej[bbWi fWhW YkWdZe j[d]Wd Z[Ă’d_Ze kd bk]WhÇ$ ;djh[ bei Yedikc_Zeh[i" [d YWcX_e" bW WfWj‡W o Z[iYedeY_# c_[dje [i ][d[hWb$ CWh‡W Ce# h[_hW (+ " feh [`[cfbe" Yec[djÂŒ gk[ de i[ ^W f[hYWjWZe gk[ [ij| fW]WdZe c|i$ Æ:[ jeZWi cWd[#
hWi ]kWhZWh Xej[bbWi fWhW _h W h[YbWcWh Zei Y[djWlei de iƒ i_ i[W \WYj_Xb[ o d_ i_gk_[hW i[ iWX[ ZÂŒdZ[" de Yh[e gk[ lWoW W h[Ye# b[YjWhÇ" WdejÂŒ$ 9Whbei 9Wb[he" Wi[ieh jh_Xk# jWh_e Z[ bW Ă’hcW 7i[ieh 9ed# jWXb[" [nfb_YÂŒ gk[ Æ[ij[ j_fe Z[ _cfk[ijei [d j[eh‡W de j_[d[d Ă’d[i h[YWkZWjeh_ei" f[he Z[X_#
Ze W gk[ i[ be Wfb_YÂŒ i_d j[d[h [b c[YWd_ice Z[ Z[lebkY_ÂŒd X_[d Z[Ă’d_Ze" Z_\‡Y_bc[dj[ i[ Ykcfb[ Yece jWbÇ$ 7Z[c|i i[‹WbÂŒ gk[ Æbk[]e" YkWdZe bW ][dj[ [cf_[Y[ W h[# YbWcWh bW Z[lebkY_ÂŒd" [b IH? lW W j[d[h gk[ h[ifedZ[h feh [iei Z_d[hei gk[ [ij|d o[dZe W bW YW`W Ă’iYWbÇ$
&Ĺ‹ ),, Ĺ‹ ' ( 4 Ĺ‹ )(Ĺ‹ ( #)(  ,Ĺ‹Ĺ‹ 2*),. ), -Ĺ‹Ĺ‹
( )Ĺ‹ # "#( " Ĺ‹3Ĺ‹
ŋ 0),#. ŋ )(ŋ& ŋ ' $),ŋ, */. #š(ŋ
;b fh[i_Z[dj[ HW\W[b 9ehh[W WZ# l_hj_ÂŒ gk[ dWY_edWb_pWh| W bWi [n# fehjWZehWi gk[ l[dZWd bW \hkjW i_d YedjhWje o W Wgk[bbWi gk[ Æ[n# jehi_ed[d W bei fheZkYjeh[iÇ" [lW# Z_[dZe [b fW]e Z[b fh[Y_e eĂ’Y_Wb Z[ bW YW`W Z[ XWdWde +"+& ZÂŒbWh[i $ ;b ]h[c_e Z_Y[ gk[ de ^Wo gk[ bb[# Ä“ĹŠ ĂŒ-ĹŠ-.ĹŠ2#ĹŠ!.-.!#ĹŠ#+ĹŠ-ĂŒ,#1.ĹŠ#7 !3.ĹŠ"#ĹŠ/1."4!3.1 2ĹŠ04#ĹŠ#7(23#-ĹŠ#-ĹŠ#+ĹŠ/ ~2Ä“ĹŠ ]Wh ^WijW [i[ fkdje" iÂŒbe XWijW Yed [nfehjWZehWi" W c‡ de c[ lW W Ă’dYWi fWhW iWX[h bW fheZkYY_ÂŒd jhWXW`Wh c|i [d bei Yedjheb[i$ h[Wb o Wi‡ Ykcfb_h bW b[o" f[he de ;d [b [dbWY[ iWXWj_de" 9ehh[W j[cXbWh bW cWdeÇ" ieijkle$ ;ZkWhZe B[Z[icW" fh[i_Z[dj[ ^Wo d[Y[i_ZWZ Z[ dWY_edWb_pWhÇ$ i[‹WbÂŒ gk[ bei fheZkYjeh[i Z[ :[ WYk[hZe W ZWjei Z[b ]h[# XWdWde ied [nfbejWZei feh lW# Z[ bW 7ieY_WY_ÂŒd Z[ ;nfehjWZeh[i h_Wi [nfehjWZehWi" gk[ de fW]Wd Z[ 8WdWde" [nfb_YÂŒ gk[ ÆYece c_e" [d [b fW‡i ^Wo )&& YecfW# [b fh[Y_e eĂ’Y_Wb" _dYbkie Z_`e gk[ 7ieY_WY_ÂŒd [ijWcei Z[ WYk[hZe ‹‡Wi [nfehjWZehWi Z[ XWdWde" Z[ Wfb_YWXWd ĂˆWhj_cW‹WiÉ fWhW gk_# gk[ i[ YkcfbW Yed jeZWi bWi b[# [ijWi )* [ij|d h[]_ijhWZWi [d bW o[i o h[]bWc[djei" gk[ WieY_WY_ÂŒd" YkoWi [nfehjWY_ed[i jWhb[i bW fbWjW feh YedY[f# i[ \_hc[ YedjhWjei Yed h[fh[i[djWd [b ,&+ Z[b jejWb$ :[ je Z[ YWfWY_jWY_ÂŒd$ :[ W^‡ ĎĔĎćŊ bei fheZkYjeh[i o gk[ i[ bWi WĂ’b_WZWi" )& ied dWY_edWb[i gk[ WZl_hj_ÂŒ gk[ Æi_ [ij|d ÂĄ ĹŠ fh[i_edWdZe bWi [nfeh# #2ĹŠ#+ĹŠ/1#!(.ĹŠ.$(Äą Yedjheb[ gk[ de i[ fk[ZW o ) Z[f[dZ[d Z[ YecfW‹‡Wi Z[b l[dZ[h i_ de ^Wo YedjhW# [nj[h_eh ied jhWdidWY_edWb[i $ jWZehWi" Z[d‘dY_[dbWi !( +ĹŠ"#ĹŠ+ ĹŠ! ) ĹŠ"#ĹŠ - -.Ä“ B[Z[icW WZ[c|i i[‹WbÂŒ gk[ jeiÇ$ I_d [cXWh]e" W]h[]ÂŒ o l[h|d gk[ WYWXWcei gk[ ÆfWhW bb[]Wh Wb eX`[j_# jWcX_ƒd i[ Z[X[h‡W h[l_iWh [b Yed [ie$ I_ jhWjWd Z[ je# le Z[b Fh[i_Z[dj[ fh_c[he fh[Y_e eĂ’Y_Wb WYehZ[ W bW h[Wb_# cWh h[jWb_WY_ÂŒd YedjhW bei fheZkYjeh[i b[i dWY_edWb_pe bWi ^Wo gk[ j[hc_dWh [b Y[die Z[ bWi ZWZ Z[b c[hYWZe$
:[ WYk[hZe W kd [ijkZ_e" bWi Y_WY_ed[i Z[ Yedikc_Zeh[i" *& Y_dYe [cfh[iWi Yed c[`eh h[# i_dZ_YWjei" *. f[h_eZ_ijWi [Ye# fkjWY_ÂŒd YehfehWj_lW ied0 BW dÂŒc_Yei$ 7 bei [dYk[ijWZei i[ b[i <Wleh_jW" 8WdYe F_Y^_dY^W" FhedWYW" D[ijb[ o 9eYW 9ebW$ fh[]kdjÂŒ" [djh[ ejhWi YeiWi" 7i‡ be h[l[bÂŒ [b HWda_d] C[hYe YÂŒce f[hY_X[d bW [cfh[iW [d YkWdje W _ddelWY_ÂŒd" ;YkWZeh" h[Wb_pWZe feh 7Z# W bW fh[eYkfWY_ÂŒd feh lWdY[ 9edikbjehW" [d ik iki Yb_[dj[i" Wb jhWje fh_c[hW [Z_Y_ÂŒd$ ;b Wd|# Yed ik [cfb[WZei" Wb b_i_i c_Z[ bW _cW][d gk[ ĹŠ Z[iWhhebbe Z[ Xk[dei fheo[YjWd bWi YecfW‹‡Wi ĹŠ"41¢Ŋ#+ĹŠ/1.!#2.ĹŠ "#ĹŠ#5 +4 !(¢-ĹŠ W bei Z_\[h[dj[i f‘Xb_Yei ĸ"#ĹŠ, 19.ĹŠ ĹŠ2#/Äą fheZkYjei$ Bei gk[ eXjkl_[# gk[ Yed\ehcWd [b c[h# 3(#, 1#ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄˆÄšÄ“ĹŠ hed c[`eh fkdjW`[ [d YWZe0 Yedikc_Zeh[i" j[cWi Yece [ijei \k[# fhel[[Zeh[i" f[h_eZ_ijWi" hed bWi [cfh[iWi Wdj[h_ehc[d# [djh[ ejhei$ Bk_i F|ijeh" ][h[dj[ Z[ 7Z# j[ i[‹WbWZWi$ 7Z[c|i YedijWd lWdY[ 9edikbjehW" i[‹WbÂŒ gk[ ejhWi Yece0 9bWhe" Cel_ijWh" Z[ kd jejWb Z[ (&& [cfh[iWi" 9[hl[Y[h‡W DWY_edWb" 8WdYe i[ i[b[YY_edWhed W bWi '&& Yed Z[ =kWoWgk_b" âcd_Xki 88" c[`eh h[fkjWY_ÂŒd$ ;ije i[ eX# OWdXWb" >ebY_c" 8WdYe FWY‡# jkle bk[]e Z[ kdW [lWbkWY_ÂŒd Ă’Ye" 9ehfehWY_ÂŒd DWY_edWb Z[ gk[ _dYbkoÂŒ [dYk[ijWi W lWh_ei J[b[Yeckd_YWY_ed[i" ?dZkhW# ]hkfei0 c_b W bW feXbWY_ÂŒd [d cW" JeoejW" 8WdYe 8eb_lWh_Wde" ][d[hWb" *& c_[cXhei Z[ Wie# 7[he]Wb" [djh[ ejhei$
Ä’
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ĉ
Ä“ĹŠ +ĹŠ+~"#1ĹŠ!4 -.ĹŠ'(9.ĹŠ!.-.!#1ĹŠ242ĹŠ-4#5 2ĹŠ,#,.1( 2Ä“ĹŠ
Ä“ĹŠ 4%.ĹŠ ';5#9Ŋĸ ĚŊ!.-5#12 ĹŠ!.-ĹŠ24ĹŠ'.,¢+.%.ĹŠ"#ĹŠ 4 ĔŊ ĂŒ+ĹŠ 231.ŊĸĉŊ(ĚĔŊ)4-3.ĹŠ +ĹŠ+~"#1ĹŠ"#ĹŠ (! 1 %4 ĔŊ -(#+ĹŠ 13#% Ŋĸ(ĚĔŊ8ĹŠ#+ĹŠ, -" 3 1(.ĹŠ"#ĹŠ .+(5( ĔŊ 5.ĹŠ .1 +#2Ŋĸ"ĚĔŊ 8#1ĹŠ#-ĹŠ4-ĹŠ"#2ă+#ĹŠ,(+(3 1Ä“ĹŠ
Ĺ‹ Ĺ‹ )(Ĺ‹/( Ĺ‹ ! ( Ĺ‹Ă°( ( # , .8ĹŠ2#ĹŠÄƒ1, ĹŠ+ ĹŠ #!+ 1 !(¢-ĹŠ"#ĹŠ 1 ! 2ĹŠ/.1ĹŠ/ 13#ĹŠ "#ĹŠ.!'.ĹŠ, -" Äą 3 1(.2Ä“ ĔŊ ĔŊ ĹŠÄ› Bei cWdZW#
jWh_ei Z[ bWi eY^e dWY_ed[i gk[ _dj[]hWd bW 7b_WdpW 8eb_lWh_W# dW fWhW bei Fk[Xbei Z[ Dk[i# jhW 7cƒh_YW 7B87 WdWb_pWd fheo[Yjei Ă’dWdY_[hei o j[Yde# bÂŒ]_Yei [d bW N? 9kcXh[" gk[ Yec[dpÂŒ WdeY^[ o j[hc_dW ^eo [d 9WhWYWi$ ;djh[ bei j[cWi Z[ bW W][d# ZW jWcX_ƒd YedijWXWd bW Yed# ieb_ZWY_ÂŒd Z[ kdW dk[lW Wh# gk_j[YjkhW Ă’dWdY_[hW h[]_edWb Yed Wfeoe Z[b I_ij[cW ĂŚd_Ye Z[ 9ecf[diWY_ÂŒd H[]_edWb IkYh[ o [b 8WdYe Z[ bW 7bXW" WdkdY_ÂŒ [b i[Yh[jWh_e [`[Ykj_# le Z[b eh]Wd_ice" 7c[dej^[f PWcXhWde$ 7Z[c|i" bW Yed\ehcWY_ÂŒd Z[ kd XWdYe Z[ fheo[Yjei fWhW Ă’dWdY_Wh fhe]hWcWi gk[ X[d[# Ă’Y_[d W ck`[h[i" f[hiedWi [d i_jkWY_ÂŒd Z[ feXh[pW o WYj_l_# ZWZ[i W]h‡YebWi" Z_`e [b \kdY_e# dWh_e$ PWcXhWde W]h[]ÂŒ gk[ i[ Yedi_Z[hWh| Wi_c_ice bW Yedij_jkY_ÂŒd Z[ fheo[Yjei Z[ ieX[hWd‡W j[YdebÂŒ]_YW fWhW Yecfb[c[djWh W‘d c|i [YedÂŒ# c_YWc[dj[ W bW h[]_ÂŒd" _d\ehcÂŒ bW W][dY_W dej_Y_eiW [ijWjWb l[# d[pebWdW 7LD$ ;b fhe]hWcW Z[ bW YkcXh[" gk[ YedYbk_h| Yed bW Ă’hcW Z[ bW :[YbWhWY_ÂŒd Z[ 9WhWYWi" \k[ fh[Y_iWZW feh bei YWdY_bb[h[i Z[ bei eY^e fW‡i[i [d kdW h[kd_ÂŒd gk[ cWdjkl_[hed [b l_[hd[i [d
bW YWf_jWb l[d[pebWdW$ ?dj[]hWd [b eh]Wd_ice 7dj_]kW o 8WhXk# ZW" 8eb_l_W" 9kXW" :ec_d_YW" ;YkWZeh" D_YWhW]kW" IWd L_# Y[dj[ o bWi =hWdWZ_dWi" o L[d[# pk[bW$ #, 2ĹŠ5(3 +#2
Æ>[cei WfheXWZe bW W][dZW Z[ ', fkdjeiÇ" WdkdY_ÂŒ [b YWd# Y_bb[h l[d[pebWde" D_Yeb|i CW# Zkhe" gk[ _dWk]khÂŒ bW h[kd_ÂŒd fh[fWhWjeh_W" WZ[bWdjWdZe gk[ ZkhWdj[ bW `ehdWZW Z[ ^eo i[ Z[XWj_h|d Æj[cWi l_jWb[iÇ fWhW [b Xbegk[$ ;djh[ [ijei \_]khW [b Wfe# oe gk[ bW 7B87 ZWh| Wb h[Y_ƒd Yh[WZe \ehe feb‡j_Ye 9eckd_# ZWZ Z[ ;ijWZei BWj_deWc[h_YW# dei o 9Wh_X[‹ei 9[bWY o kdW Z[YbWhWY_ÂŒd Z[ Wfeoe W 7h][d# j_dW feh [b YedĂ“_Yje gk[ cWd# j_[d[ Yed H[_de Kd_Ze feh bWi _ibWi CWbl_dWi$ I[ Z[XWj_h| jWcX_ƒd bW _d_Y_W# j_lW Z[ _dYehfehWh dk[lei fW‡i[i W bW Wb_WdpW h[]_edWb" Yh[WZW [d (&&*$
#23#) 1.(-3#-3.Ŋ%.+/(23 ŊŊ 1#5(.Ŋ Ŋ+ Ŋ1#4-(¢-Ŋ1#%(.- +Ŋ ŗ#+Ŋ/1#2("#-3#Ŋ5#-#9.+ -.ĔŊ 4%.Ŋ
';5#9ĔŊ$#23#)¢Ŋ 8#1ĹŠ#+ĹŠ(-3#-3.ĹŠ"#ĹŠ %.+/#ĹŠ"#ĹŠ 23 ".ĹŠ04#ĹŠ+("#1¢Ŋ' !#ŊĉćŊ  .2ĹŠ!.-ĹŠ4-ĹŠ"#2ă+#ĹŠ!~5(!.ĹŠ,(+(3 1ĹŠ /1#2#-!( ".ĹŠ#-ĹŠ 1 ! 2ĹŠ/.1ĹŠ%. #1Äą - -3#2ĹŠ"#ĹŠ2(#3#ĹŠ/ ~2#2ĹŠ"#ĹŠ+ ĹŠ +( -9 ĹŠ .+(5 1( - ĹŠ/ 1 ĹŠ+ 2ĹŠ ,_1(! 2ĹŠ ĸ ĚĔŊ/#2#ĹŠ ĹŠ+ 2ĹŠ!1~3(! 2ĹŠ"#ĹŠ+ ĹŠ ./.2(!(¢-Ä“ +ĹŠ"#2ă+#ĹŠ$#23#)¢Ŋ4-ĹŠ'#!'.ĹŠ04#ĹŠ ';5#9ĹŠ1#(5(-"(! ĹŠ!.,.ĹŠ%#1,#-ĹŠ"#ĹŠ + ĹŠ1#5.+4!(¢-ĹŠ .+(5 1( - ĹŠ8ĹŠ04#ĹŠ+#ĹŠ 2(15(¢Ŋ/ 1 ĹŠ#7'( (1ĹŠ#+ĹŠ/."#1~.ĹŠ,(+(3 1ĹŠ "#ĹŠ24ĹŠ/ ~2ĹŠ -3#ĹŠ242ĹŠ!.+#% 2ĹŠ"#ĹŠ .+(Äą 5( ĔŊ 5.ĹŠ .1 +#2Ä—ĹŠ 4 ĔŊ ĂŒ+ĹŠ 231.Ä—ĹŠ (! 1 %4 ĔŊ -(#+ĹŠ 13#% ĔŊ8ĹŠ (3~ĔŊ (!'#+ĹŠ 13#++8Ä“
Ŋ ĔŊ Ŋě ;b [nfh[i_Z[dj[
f|]_dWi" WXh[d Yed bei fh_c[# YkXWde <_Z[b 9Wijhe fh[i[d# hei h[Yk[hZei Z[ ik _d\WdY_W o jÂŒ Ăˆ=k[hh_bb[he Z[b j_[cfeÉ" kd Y_[hhWd [d Z_Y_[cXh[ Z[ '/+." dk[le b_Xhe Yed iki c[ceh_Wi" [d l‡if[hWi Z[b jh_kd\e Z[b [d kd WYje f‘Xb_Ye [d BW >W# cel_c_[dje ]k[hh_bb[he gk[ XWdW ZedZ[ [djh[ ejhei j[cWi Z[hheYÂŒ Wb Z_YjWZeh <kb][dY_e i[ h[Ă’h_ÂŒ W bW [gk_leYWY_ÂŒd Z[ 8Wj_ijW$ Yh[[h gk[ [d [b ieY_Wb_ice bei fheXb[cWi [YedÂŒc_Yei [ijWXWd ",(3#ĹŠ#04(5.! !(¢h[ik[bjei" _d\ehcWhed L[ij_Ze Yed Y^Wgk[jW Wo[h c[Z_ei eĂ’Y_Wb[i$ Z[fehj_lW o YWc_iW Z[ ĹŠ ;b b‡Z[h Z[ bW h[lebk# YkWZhei" i[]‘d bWi \ejei fkXb_YWZWi [d bei f[h_ÂŒ# Y_ÂŒd YkXWdW" Z[ .+ W‹ei o h[j_hWZe Z[b feZ[h Z[i# ÄĽ 4#11(++#1.ĹŠ"#+ĹŠ Z_Yei YkXWdei o [d bW 3(#,/.ÄŚĹŠ$4#ĹŠ m[X eĂ’Y_Wb 9kXWZ[XWj[" Z[ (&&, feh kdW [d\[h# #2!1(3.ĹŠ/.1ĹŠ+ ĹŠ /#1(."(23 ĹŠ!4 Äą <_Z[b 9Wijhe i[ h[Ă’h_ÂŒ W c[ZWZ" Yedl[hiÂŒ ZkhWd# - ĹŠ 3(42* ĹŠ Z_l[hiei j[cWi ZkhWdj[ j[ kdWi i[_i ^ehWi Yed bei + -!.ĔŊ04(#-ĹŠ 3 , (_-ĹŠ#2ĹŠ 43.Äą _dl_jWZei W bW fh[i[djW# 1 ĹŠ"#+ĹŠ+( 1.ĹŠÄĽ .".ĹŠ [b WYje" [d [b gk[ [ijkl_[# Y_ÂŒd" [b l_[hd[i" Z[ bei #+ĹŠ3(#,/.ĹŠ"#ĹŠ+.2ĹŠ !#"1.2ČĔŊ4- ĹŠ'(2Äą hed fh[i[dj[i Z[ijWYW# Zei jecei Z[ Ăˆ=k[hh_# 3.1( ĹŠ$ ,(+( 1ĹŠ.$(Äą Zei _dj[b[YjkWb[i YkXW# bb[he Z[b j_[cfeÉ" [iYh_je !( +ĹŠ"#ĹŠ+.2ĹŠ 231.ĹŠ dei" Wi‡ Yece [b c_d_ijhe /4 +(! " ĹŠ#-ĹŠ feh bW [iYh_jehW o f[h_e# ĉććĊēŊ Z[ 9kbjkhW" 7X[b Fh_[je$ >WXbÂŒ" i[]‘d bei Z_ijW AWj_kiaW 8bWdYe$ I[ jhWjW Z[b fh_c[h WYje [d c[Z_ei e\_Y_Wb[i" Z[ bW [gk_# f‘Xb_Ye Z[ <_Z[b Z[iZ[ WXh_b Z[ leYWY_ÂŒd Z[ Yh[[h gk[ [d [b (&'' YkWdZe Wi_ij_ÂŒ W bW YbWkik# ieY_Wb_ice bei fheXb[cWi [Ye# hW Z[b L? 9ed]h[ie Z[b FWhj_Ze dÂŒc_Yei [ijWXWd h[ik[bjei" Z[ 9eckd_ijW Z[ 9kXW F99" ‘d_# ik fhe\kdZW efei_Y_ÂŒd W bW [d# Ye ZedZ[ ik ^[hcWde" [b fh[i_# i[‹WdpW fW]WZW o Z[ Wikdjei Z[dj[ HW‘b 9Wijhe" b[ h[b[lÂŒ Wb _dj[hdWY_edWb[i Yece [b Yed# \h[dj[ Z[ bW eh]Wd_pWY_ÂŒd$ j[dY_eie Z[ BWi CWbl_dWi" Æ[i[ BWi dk[lWi c[ceh_Wi Z[ <_# f[ZWpe Z[ j_[hhW Whh[XWjWZe W Z[b 9Wijhe" gk[ ikcWd YWi_ c_b 7h][dj_dWÇ" i[]‘d Z_`e$
31.2ĹŠ 24-3.2
7Z[c|i i[ Z_iYkj_h| bW fei_Y_ÂŒd Z[ bW 7B87 [d jehde W bW fhÂŒn_# cW 9kcXh[ Z[ bWi 7cƒh_YWi [d WXh_b [d 9WhjW][dW 9ebecX_W o bW YkcXh[ Z[ bW Eh]Wd_pWY_ÂŒd Z[ ;ijWZei 7c[h_YWdei E;7 [d 9eY^WXWcXW 8eb_l_W [d `kd_e$ ;b l_Y[YWdY_bb[h [YkWjeh_Wde" A_djje BkYWi" fhefkie feh ik fWhj[ gk[ i[ Xkigk[ ÆkdW dk[# lW _dij_jkY_edWb_ZWZÇ fWhW \eh# jWb[Y[h [ijW Wb_WdpW h[]_edWb [d bWi |h[Wi [YedÂŒc_YW" Yec[hY_Wb o Z[ _dj[]hWY_ÂŒd ieY_Wb$ 9WZW l[p i[ XkiYW Yedieb_# ZWh bei bWpei Æh[]_edWb[i o Wd# j_cf[h_Wb_iWiÇ" i[]‘d ^Wd Z_Y^e Wb]kdei cWdZWjWh_ei$
# &ŋ -.,)ŋ*, - (. Ć ŋĒ / ,,#&& ,)ŋ &ŋ.# '*)ē
&
$ &
" &
' ,
# % #) # "( * "
( " # !$
& $
# %
! !
$ ! %
ĉ
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
;2ĹŠ"#ŊĉććēćććŊ2#ĹŠ , -(ă#23 -ĹŠ#-ĹŠ .2!ĂŒĹŠ ËĔŊ ĹŠÄ› :ei ]hWdZ[i Xbe#
gk[i Z[ Y_kZWZWdei hkiei i[ cWd_\[ijWhed Wo[h XW`e [b c_i# ce b[cW ĂˆFeh kdWi [b[YY_ed[i b_cf_WiÉ [d bWi Y_kZWZ[i Z[b fW‡i fWhW ceijhWh ik h[Y^Wpe e Wfeoe Wb YWdZ_ZWje W bW Fh[# i_Z[dY_W LbWZ‡c_h Fkj_d0 c|i Z[ Y_[d c_b [d YedjhW o ejhei jWdjei W \Wleh iÂŒbe [d CeiY‘" i[]‘d iki b‡Z[h[i$ Kdei o ejhei fbWdjWhed YWhW Wb \h‡e0 bei efei_jeh[i fWhW Z[cWdZWh kdWi [b[YY_ed[i fh[i_Z[dY_W# b[i b_cf_Wi [d cWhpe o bW Wdk# bWY_ÂŒd Z[ bei h[ikbjWZei Z[ bWi fWhbWc[djWh_Wi Z[ Z_Y_[cXh[" c_[djhWi gk[ bei fWhj_ZWh_ei i[ h[kd_[hed fWhW Z[\[dZ[h bW YWdZ_ZWjkhW Z[ Fkj_d o bW b_cf_[pW Z[ bei fheY[iei [b[YjehWb[i$
&ŋ ,v)ŋ * ! ŋßÿúŋ0# -ŋ
2ĹŠ ) 2ĹŠ3#,/#Äą 1 341 2ĹŠ2#ĹŠ2(#-3#-ĹŠ !.-ĹŠ, 8.1ĹŠ(-3#-2(Äą " "ĹŠ#-ĹŠ#+ĹŠ!#-31.ĹŠ8ĹŠ #23#ĹŠ"#ĹŠ 41./ Ä“ ÂĄ ĹŠ ĔŊ ĹŠ Ä› BW ebW Z[ \h‡e febWh gk[ f[hi_ij[ Z[iZ[ ^WY[ eY^e Z‡Wi i_]k[ YWk# iWdZe [ijhW]ei [d ;khefW Z[b ;ij[" Yed kdei (+& ck[hjei" bW cWoeh fWhj[ [d KYhWd_W" Febed_W o HkcWd‡W" o Wo[h ^W bb[]WZe Wb CW]h[X Yed d[lWZWi _dkikWb[i [d fW‡i[i Yece 7h][b_W$ 7kdgk[ [b \h‡e i[ [ij| dejWd# Ze Yed [if[Y_Wb _dj[di_ZWZ [d jeZe [b Y[djhe o [ij[ [khef[e" [b cWoeh d‘c[he Z[ l‡Yj_cWi i[ i_]k[ h[]_ijhWdZe [d KYhWd_W" Ä“ĹŠ .+ -"#2#2ĹŠ/ 2# -ĹŠ/.1ĹŠ+ ĹŠ24/#1ă!(#ĹŠ'#+ " ĹŠ"#+ĹŠ+ %.ĹŠ ),##1ĹŠ"#ĹŠ ,23#1" ,Ä“ĹŠ ZedZ[ jWd iebe [d bWi ‘bj_cWi l[_dj_YkWjhe ^ehWi \Wbb[Y_[hed Z[b \h‡e W be bWh]e Z[ jeZe [d[he" ;2ĹŠ/1. +#, 2 (' f[hiedWi" be gk[ [b[lW W '(( bW [b C_d_ij[h_e Z[ IWd_ZWZ ^W WZ# ;d [b h[ije Z[ bW ;khefW Z[b [ij[ Y_\hW Z[ ck[hjei$ l[hj_Ze Z[ gk[ jeZWl‡W de i[ ^Wd o Y[djhWb" i[ ^Wd YedjWX_b_pWZe BWi Wkjeh_ZWZ[i ^Wd ^WX_b_jW# feZ_Ze ^WY[h l[h_Ă’YWY_ed[i [d Wb c[dei i_[j[ dk[lWi ck[hj[i" Wb]kdWi h[]_ed[i Z[b fW‡i" YkWjhe Z[ [bbWi [d HkcWd‡W" Ze kdei )$&&& [ifWY_ei +ĹŠ #15(!(.ĹŠ"#ĹŠ #3#.1.+.%~ ĹŠ"#ĹŠ feh be gk[ bW Y_\hW feZh‡W ZedZ[ [b d‘c[he Z[ \Wbb[Y_Zei Yed YWb[\WYY_ÂŒd fWhW gk[ 4-%1~ ĹŠ' ĹŠ"#!+ 1 ".ĹŠ+ ĹŠ +#13 ĹŠ1.) ĹŠ [b[lWhi[$ WiY_[dZ[ W (.$ bei Y_kZWZWdei fk[ZWd #-ĹŠ-4#5#ĹŠ/1.5(-!( 2ĹŠ"#+ĹŠ241ĹŠ8ĹŠ#23#ĹŠ Äą fhej[][hi[ Z[b \h‡e$ JWcX_ƒd [d Febed_W ;d HkcWd‡W f[hcWd[Y[d "#+ĹŠ/ ~2ĔŊ+ ĹŠ- 1 -) ĹŠ#-ĹŠ.31 2ĹŠ31#2ĹŠ8ĹŠ+ ĹŠ 7 f[iWh Z[ bWi dk[lWi i[ ^Wd lk[bje W h[]_ijhWh YehjWZWi '* YWhh[j[hWi dWY_e# , 1(++ ĹŠ#-ĹŠ+ 2ĹŠ1#23 -3#2ĹŠ2(#3#Ä“ ĹŠ$1 -!#2#2ĹŠ2#ĹŠ , -3(#-#-ĹŠ ).ĹŠ dk[lWi l‡Yj_cWi cehjW# l‡Yj_cWi" bWi j[cf[hWjk# +#13 ĹŠ/.1ĹŠ#+ĹŠ3#,Äą dWb[i" i[]‘d _d\ehcWY_ed[i #ĹŠ#2/#1 ĹŠ04#ĹŠ#-ĹŠ#+ĹŠ241#23#ĹŠ"#+ĹŠ/ ~2ĹŠ hWi [njh[cWi ^Wd h[c_# b[i" eY^e ZkhWdj[ bW fW# Z[b C_d_ij[h_e Z[ JhWdifehj[i" + 2ĹŠ-#5 " 2ĹŠ2#ĹŠ(-3#-2(ă04#-ĹŠ#-ĹŠ+ 2ĹŠ /.1 +Ä“ j_Ze Wb]e [d bWi ‘bj_cWi iWZW deY^[" be gk[ [b[lW c_[djhWi gk[ [b h[Yehh_Ze Z[ Z[# /1¢7(, 2ĹŠ'.1 2ĹŠ8ĹŠ2#ĹŠ/1.-.23(! ĹŠ4- ĹŠ ^ehWi o Z[ bei YWi_ )& W *+ bei ck[hjei feh Yed# Y[dWi Z[ jh[d[i ^W i_Ze WdkbWZe ! / ĹŠ"#ĹŠ-(#5#ĹŠ"#ĹŠ' 23 ĹŠ,#"(.ĹŠ,#31.ĹŠ ]hWZei Y[dj‡]hWZei XW`e Y[he Z[b ][bWY_ÂŒd e ^_fej[hc_W" bW cWoe# W YWkiW Z[ bW d_[l[$ "#ĹŠ +341 ĔŊ +%.ĹŠ(-424 +ĹŠ#-ĹŠ+ 2ĹŠ++ -41 2ĹŠ l_[hd[i" bWi c‡d_cWi ^Wd ikX_# h‡W f[hiedWi i_d ^e]Wh$ C|i Z[ )&& f[hiedWi i_d ^e# 'ĂŒ-% 1 2Ä“ BW Feb_Y‡W cWdj_[d[ kd Z_i# ]Wh \k[hed jhWdifehjWZWi W Y[d# Ze ^eo kdei YkWjhe ]hWZei o bWi c|n_cWi i[ ^Wd i_jkWZe [d jeh# fei_j_le [if[Y_Wb o fWjhkbbW bWi jhei ieY_Wb[i feh bei i[hl_Y_ei Z[ de W bei #'+$ pedWi [d bWi gk[ ^WX_jkWbc[dj[ kh][dY_W [d bWi ‘bj_cWi (* ^ehWi" i[_i bei ck[hjei W YWkiW Z[b \h‡e" i[ [dYk[djhWd bei Æi_d j[Y^eÇ" W i[]‘d IWd_ZWZ" c_[djhWi gk[ jhWi \Wbb[Y[h Yed][bWZW [d bW YW# bei gk[ e\h[Y[d Yec_ZW YWb_[dj[ kdWi '+& d[Y[i_jWhed Wi_ij[dY_W bb[ kdW WdY_WdW [d bW beYWb_ZWZ 42( ĹŠ!.-ĹŠÄ?ÄŒĹŠ,4#13.2 ;d Hki_W" ZedZ[ i[ YedjWX_b_pW# o bW fei_X_b_ZWZ Z[ jhWibWZWhi[ W cƒZ_YW$ Z[ Ipƒa[i\[^ƒhl|h" Wb ikhe[ij[ ;d bW l[Y_dW >kd]h‡W" oW ied Z[ 8kZWf[ij$ hed ,* ck[hjei W Yedi[Yk[dY_W kd Y[djhe Z[ WYe]_ZW$
+#13 ĹŠ1.) ĹŠ#-ĹŠ 4-%1~ Ĺ—ĹŠĹŠ
ĎĈ
+$1#".Ŋ _1#9ĔŊ+~"#1Ŋ 2.!( +(23 Ŋ#2/  .+
Ŋĸ Â&#x; ĚĔŊ ĹŠÄą Bei
ieY_Wb_ijWi [ifW‹eb[i [b_]_[hed Wo[h W 7b\h[Ze Fƒh[p HkXWb# YWXW Yece ik dk[le b‡Z[h o ikY[ieh Z[b [n`[\[ Z[b =eX_[h# de Z[ @eiƒ Bk_i HeZh‡]k[p PWfWj[he Wb \h[dj[ Z[ bW i[Yh[# jWh‡W ][d[hWb Z[ [iW \ehcWY_Œd feb‡j_YW$ HkXWbYWXW" [nl_Y[# fh[i_Z[dj[ Z[b ;`[Ykj_le o [nc_d_ijhe Z[b ?dj[h_eh Yed PWfWj[he" i[h| [b [dYWh]WZe Z[ jhWjWh Z[ iWYWh Wb FWhj_Ze IeY_Wb_ijW EXh[he ;ifW‹eb FIE; Z[ bW Yh_i_i gk[ b[ ikfkie ik WXkbjWZW Z[hhejW [d bei Yec_Y_ei Z[b fWiWZe (& Z[ del_[cXh[ Wdj[ [b Yedi[h# lWZeh FWhj_Ze FefkbWh" W^ehW [d [b feZ[h [d ;ifW‹W$
.-2#).Ŋ#%(/!(.Ŋ /1./.-#Ŋ#+#!!(.-#2Ŋ Ŋ ĔŊ Ŋě ;b 9edi[`e
9edikbj_le []_fY_e" Yh[W# Ze fWhW Wi[iehWh W bW @kdjW C_b_jWh" fhefkie Wo[h gk[ bW Wf[hjkhW fWhW fehi[djWh bWi YWdZ_ZWjkhWi W bWi [b[YY_ed[i fh[i_Z[dY_Wb[i Yec_[dY[ [b fhÂŒn_ce () Z[ \[Xh[he$ BW _di# jWdY_W h[Yec[dZÂŒ jWcX_ƒd" [d kdW h[kd_ÂŒd kh][dj[" WYWXWh Yed jeZei bei Æi‡cXebei Z[b Wdj_]ke hƒ]_c[dÇ" ieXh[ jeZe Z[ bei c_[cXhei Z[ bW EĂ’Y_dW Feb‡j_YW Z[b Z_ik[bje FWhj_Ze DWY_edWb :[ceYh|j_Ye Z[b [nfh[i_Z[dj[ CkXWhWa$
/-# ŋ3ŋ "#( ŋ*)( (ŋ ) -.6 /&)-ŋ3ŋ !, 0 (ŋ & ŋ-#./ #š(ŋ (ŋ #,# Ŋ ĔŊ ĔŊ ĸ ĚŊš ;b i[Yh[jWh_e ][d[hWb Z[ bW
EDK" 8Wd A_#ceed" Yh_j_YÂŒ Wo[h [b h[Y^Wpe Z[b 9edi[`e Z[ I[]k# h_ZWZ Z[b eh]Wd_ice W kdW h[ie# bkY_ÂŒd gk[ XkiYWXW kdW iWb_ZW W bW Yh_i_i Z[ I_h_W o Wi[]khÂŒ gk[" WZ[c|i Z[ ÆZ[Y[fY_edWhÇ W bei i_h_ei" [hei_edW W [ijW eh]Wd_pW# Y_ÂŒd ckbj_bWj[hWb$ 8Wd ÆbWc[djÂŒ fhe\kdZWc[d# j[Ç gk[ [b 9edi[`e ^WoW i_Ze Æ_d# YWfWpÇ Z[ WfheXWh kdW h[iebk# Y_ÂŒd WfeoWZW feh bW B_]W Ă›hWX[ fWhW fed[hb[ Ă’d ÆW bW l_eb[dY_W o W bei Wi[i_dWjei [d I_h_WÇ$ Hki_W o 9^_dW l[jWhed [d [b 9edi[`e Z[ I[]kh_ZWZ Z[ bW EDK kdW h[iebkY_ÂŒd Z[ Wfeoe Wb fbWd Z[ jhWdi_Y_ÂŒd Z[ bW B_]W Ă›hWX[ fWhW I_h_W o gk[ YedZ[dWXW bW l_eb[dY_W Z[b hƒ]_c[d Z[ :WcWi# Ye YedjhW bW feXbWY_ÂŒd Y_l_b gk[ f[hZkhW Z[iZ[ ^WY[ edY[ c[i[i o ^W YWkiWZe c_b[i Z[ ck[hjei$ Æ;i kdW ]hWd Z[Y[fY_ÂŒd fWhW
# !!(¢-
, Ŋļ!.-"#- Ŋ 2#2(- 3.2Č Ŋ +Ŋ/1#2("#-3#Ŋ"#Ŋ ē ēĔŊ 1 !*Ŋ , ĔŊ ŗ!.-"#-¢Ŋ 8#1Ŋ+.2Ŋĥ 143 +#2Ŋ 2#2(- 3.2ĢŊ #-Ŋ#+Ŋ ., 1"#.Ŋ2. 1#Ŋ+ Ŋ!(4" "Ŋ2(1( Ŋ"#Ŋ .,2Ŋ8Ŋ41%(¢Ŋ Ŋ+ Ŋ1#-4-!( Ŋ"#+Ŋ/1#2("#-3#Ŋ !' 1Ŋ +Ŋ 2 "ē
Ĺ—3(ĹŠÄĄ .-"#-.ĹŠ1.34-" ,#-3#ĹŠ#+ĹŠ(-"#2!1(/Äą +#ĹŠ 2 +3.ĹŠ"#+ĹŠ . (#1-.ĹŠ2(1(.ĹŠ!.-31 ĹŠ#+ĹŠ
/4# +.Ŋ"#Ŋ .,2Ŋ8Ŋ#73(#-".Ŋ,(2Ŋ,;2Ŋ /1.$4-" 2Ŋ!.-".+#-!( 2Ŋ Ŋ04(#-#2Ŋ' -Ŋ /#1"(".Ŋ2#1#2Ŋ04#1(".2ĢĔŊ"().Ŋ , Ŋ#-Ŋ4-Ŋ !.,4-(! ".ē
[b fk[Xbe i_h_e o fWhW Eh_[dj[ C[Z_e" fWhW jeZei bei gk[ Wfe# oWd bW Z[ceYhWY_W o bei Z[h[Y^ei ^kcWdeiÇ" W\_hcÂŒ [b c|n_ce h[ifediWXb[ Z[ bW EDK W jhWlƒi Z[ kd Yeckd_YWZe Z[ fh[diW Z[ ik fehjWlep" CWhj_d D[i_hao$ 8Wd" gk_[d [d c‘bj_fb[i eYW# i_ed[i ^W kh]_Ze Wb 9edi[`e W bW kd_ZWZ W fed[h Ă’d W bW l_eb[dY_W [d I_h_W o ^W Wf[bWZe W bW fhej[Y#
ēŊ +Ŋ .-2#).Ŋ"#Ŋ #%41(" "Ŋ31 3¢Ŋ#+Ŋ3#, Ŋ#-Ŋ+ Ŋ2#"#Ŋ"#Ŋ+ Ŋ Ŋ#-Ŋ 4#5 Ŋ .1*ē
Y_ÂŒd Z[ bei Y_l_b[i" Yedi_Z[hÂŒ gk[ bW d[]Wj_lW Z[ Hki_W o 9^_dW W bW h[iebkY_ÂŒd Æ[hei_edW [b fWf[b Z[ bW EDK o Z[ bW Yeckd_ZWZ _dj[h#
dWY_edWb [d kd cec[dje [d gk[ I_h_W Z[X[h‡W e‡h kdW ‘d_YW lep gk[ b[ f_Z[ [b Òd _dc[Z_Wje Z[ bW l_eb[dY_W YedjhW ik fk[XbeÇ$
(/( # (ŋ#(+/# . (. -ŋ *, # #)( -ŋ* , ŋßúýú
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ÄŠ
ĹŠ"#, -" ĹŠ%+. +ĹŠ"#ĹŠ +(,#-3.2ĹŠ 4Äą ,#-3 1~ ĹŠ4-ĹŠÄŽÄ‡Ĺ˜Ä”ĹŠ+ ĹŠ"#ĹŠ#-#1%~ ĹŠ4-ĹŠ ÄŒÄŽĹ˜ĹŠ8ĹŠ+ ĹŠ"#ĹŠ %4 ĹŠ4-ĹŠÄŠÄ‡Ĺ˜Ä“ ŊěŊ Kd [ijkZ_e Z[ck[ijhW gk[
i[ fh[i[djWh|d _dYh[c[djei [d Yedikce" o bW ]hWd fh[]kdjW [i0 ÂľYÂŒce h[ifedZ[h| bW [Yedec‡W ckdZ_Wb W [ijWi [n_][dY_Wi i_d fh[Y[Z[dj[i [d bW ^_ijeh_W Z[ bW ^kcWd_ZWZ5 ;iW [i bW c[jW YbWl[ gk[ Z[X[ YedY[djhWh Z[iZ[ oW bW c[dj[ o bW [d[h]‡W Z[ ]eX_[hdei o eh]W# d_icei _dj[hdWY_edWb[i" i[]‘d kd _d\ehc[ Z_lkb]WZe feh [b FW# d[b Z[ 7bje D_l[b ieXh[ Ieij[d_# X_b_ZWZ =beXWb$ ;ij[ i[‹WbW gk[ bei WYjkWb[i fWjhed[i Z[ Yedik# ce" \kdZWc[djWbc[dj[ [d EY# Y_Z[dj[" de ied ieij[d_Xb[i o [i ^ehW Z[ YWcX_Wh bW Z_h[YY_ÂŒd Z[ bW [Yedec‡W$ ;b WYjkWb ceZ[be [YedÂŒc_Ye Ædei [ij| [cfk`WdZe [d \ehcW _d[nehWXb[ ^WY_W bei b‡c_j[i Z[ bei h[Ykhiei dWjkhWb[i o W bei
i_ij[cWi [YebÂŒ]_Yei gk[ ^WY[d fei_Xb[ bW l_ZW W d_l[b fbWd[jW# h_eÇ" i[‹WbW [b ZeYkc[dje$ #2(%4 +" "
ÆDk[ijhe _d\ehc[ Z[`W [d YbW# he gk[ [b Z[iWhhebbe ieij[d_Xb[ [i c|i _cfehjWdj[ gk[ dkdYW" ZWZWi bWi c‘bj_fb[i Yh_i_i gk[ W\[YjWd WYjkWbc[dj[ Wb ckdZeÇ" i[‹WbÂŒ @WYeX PkcW" fh[i_Z[dj[ Z[ IkZ|\h_YW" ZkhWdj[ [b bWdpW# c_[dje Z[b _d\ehc[ [d 7ZZ_i 7X[XW" gk_[d Yefh[i_Z[ [b FWd[b `kdje W bW cWdZWjWh_W Z[ <_dbWd# Z_W" JWh`W >Wded[d$ Kde Z[ bei j[cWi Y[djhWb[i Z[b _d\ehc[ [i bW d[Y[i_ZWZ Z[ c[`ehWh bei d_l[b[i Z[ [gk_ZWZ$ ;b ZeYkc[dje i[‹WbW gk[ i_ X_[d bei ‡dZ_Y[i Z[ feXh[pW W d_l[b ]beXWb ^Wd Z_ic_dk_Ze" jWdje [b d‘c[he Z[ f[hiedWi Yed ^Wc#
ēŊ 2Ŋ-#!#2 1( Ŋ4- Ŋ-4#5 Ŋ$.1, Ŋ"#Ŋ/#-2 1Ŋ2. 1#Ŋ+ 2Ŋ%#-#1 !(.-#2Ŋ"#+Ŋ $4341.ĔŊ "5(#13#Ŋ#+Ŋ(-$.1,#ē
¥ ēŊ " Ŋ/1."4!3.Ŋ"# #Ŋ++#5 1Ŋ4- Ŋ#3(04#3 Ŋ!.-Ŋ24Ŋ(,/ !3.Ŋ , (#-3 +ĔŊ1#!.,(#-" Ŋ#+Ŋ/ -#+Ŋ"#Ŋ+ Ŋ ē
Xh[ Yece bW Z[i_]kWbZWZ [d bW Z_ijh_XkY_ÂŒd Z[ bW h_gk[pW ^Wd Wkc[djWZe$ (-ĹŠ ĹŠ+.2ĹŠ24 2("(.2
;b _d\ehc[" j_jkbWZe ĂˆF[hiedWi Yed h[i_ij[dY_W" fbWd[jW Yed h[# i_ij[dY_W0 kd \kjkhe gk[ lWb]W bW f[dW [b[]_hÉ _dYbko[ +, h[Yec[d# ZWY_ed[i YedYh[jWi gk[" Z[ i[h _cfb[c[djWZWi" j[dZh‡Wd _cfb_# YWY_ed[i fhe\kdZWi fWhW jeZei$ Bei ]eX_[hdei Z[X[d _dYbk_h [d [b fh[Y_e Z[ bei X_[d[i [b l[hZWZ[# he Yeije WcX_[djWb Z[ fheZkY_hbei" be gk[ bb[lWh‡W W kd i_ij[cW [Ye# dÂŒc_Ye gk[ Æfhej[][ bei h[Ykhiei dWjkhWb[iÇ" i[‹WbW [b ZeYkc[dje$ JeZei bei fheZkYjei j_[d[d gk[ bb[lWh [d iki [j_gk[jWi _d# \ehcWY_ÂŒd ieXh[ ik _cfWYje Wc# X_[djWb fWhW ^WY[h fei_Xb[ gk[
#!.,#-" !(.-#2 +5 1ĹŠ#+ĹŠ,4-".
.-#1ĹŠÄƒ-ĹŠ ĹŠ+.2ĹŠ24 2("(.2ĹŠ ĹŠ+.2ĹŠ!., 423(Äą Ĺ—+#2ĹŠ$¢2(+#2Ä“ -!+4(1ĹŠ#-ĹŠ#+ĹŠ/1#!(.ĹŠ"#ĹŠ+.2ĹŠ (#-#2ĹŠ#+ĹŠ5#1" Äą Ĺ—"#1.ĹŠ!.23.ĹŠ , (#-3 +ĹŠ"#ĹŠ/1."4!(1+.2Ä“ .".2ĹŠ+.2ĹŠ/1."4!3.2ĹŠ"# #-ĹŠ++#5 1ĹŠ#-ĹŠ242ĹŠ Ĺ—#3(04#3 2ĹŠ(-$.1, !(¢-ĹŠ2. 1#ĹŠ24ĹŠ(,/ !3.ĹŠ , (#-3 +Ä“ ĹŠ .2ĹŠ%. (#1-.2ĹŠ"# #-ĹŠ#+ .1 1ĹŠ(-"(! ".Äą Ĺ—1#2ĹŠ"#ĹŠ1#-"(,(#-3.ĹŠ#!.-¢,(!.ĹŠ04#ĹŠ5 -ĹŠ ,;2ĹŠ ++;ĹŠ"#+ĹŠ ĹŠ8ĹŠ,("#-ĹŠ+ ĹŠ2.23#-( (+(" "Ä“
.2ĹŠ%. (#1-.2ĹŠ"# #-ĹŠ! , ( 1ĹŠ+ ĹŠ Ĺ—1#%4+ !(¢-ĹŠ"#+ĹŠ,#1! ".ĹŠÄƒ- -!(#1.ĹŠ/ 1 ĹŠ /1.,.5#1ĹŠ(-5#12(.-#2ĹŠ,;2ĹŠ#23 +#2ĹŠ8ĹŠ 2.23#-( +#2Ä“ Ĺ— 1# 1ĹŠ4-ĹŠ$.-".ĹŠ%+. +ĹŠ/ 1 ĹŠ+ ĹŠ#"4! !(¢-Ä“
bei Yedikc_Zeh[i jec[d Z[Y_# i_ed[i XWiWZWi [d ZWjei h[Wb[i$ Bei ikXi_Z_ei gk[ j_[d[d kd [\[Yje f[h`kZ_Y_Wb [d [b c[Z_e# WcX_[dj[ Z[X[d i[h ]hWZkWb#
( %-¢23(!.ŊŊ
.ĹŠ04#ĹŠ2#ĹŠ5(#-#
1 ŊĉćĊćĔŊ+ ĹŠ"#, -" ĹŠ"#ĹŠ +(,#-3.2ĹŠ Ĺ— 4,#-3 1;ĹŠ4-ĹŠÄŽÄ‡Ĺ˜Ä”ĹŠ+ ĹŠ"#ĹŠ#-#1%~ ĹŠ4-ĹŠÄŒÄŽĹ˜ĹŠ 8ĹŠ+ ĹŠ"#ĹŠ %4 ĹŠ4-ĹŠÄŠÄ‡Ĺ˜Ä“
Ĺ—/. +ĹŠ-ĂŒ,#1.ĹŠ"#ĹŠ/#12.- 2ĹŠ04#ĹŠ5(5#-ĹŠ#-ĹŠ+ ĹŠ 1#9 ĹŠ#23;ĹŠ"(2,(-48#-".ĔŊ/#1.ĹŠ#+ĹŠ"#ĹŠ %#-3#ĹŠ!.-ĹŠ' , 1#ĹŠ#23;ĹŠ 4,#-3 -".Ä“
ĹŠ"#2(%4 +" "ĹŠ#-ĹŠ+ ĹŠ"(231( 4!(¢-ĹŠ"#ĹŠ+ ĹŠ Ĺ—1(04#9 ĹŠ2(%4#ĹŠ(-!1#,#-3;-".2#Ä“ +ĹŠ !!#2.ĹŠ +ĹŠ %4 ĹŠ/.3 +#ĹŠ#23;ĹŠ,#).1 -Äą Ĺ—".ĔŊ/#1.ŊĉēÄ?ććŊ,(++.-#2ĹŠ"#ĹŠ(-"(5("4.2ĹŠ ĂŒ-ĹŠ -.ĹŠ3(#-#-ĹŠ2(23#, 2ĹŠ"#ĹŠ2 -(" "ĹŠ !#/3 +#2Ä“
2Ŋ,4)#1#2Ŋ24#+#-Ŋ2#1Ŋ#7!+4(" 2Ŋ"#Ŋ+ 2Ŋ ŗ./.134-(" "#2Ŋ#!.-¢,(! 2ē
ĹŠ!1(2(2ĹŠÄƒ- -!(#1 ĹŠ$4#ĹŠ! 42 " ĹŠ/.1ĹŠ Ĺ—1#%+ 2ĹŠ"#ĹŠ,#1! ".ĹŠ04#ĹŠ-.ĹŠ/1#,( -ĹŠ+ 2ĹŠ (-5#12(.-#2ĹŠ2.23#-( +#2Ä“
+Ŋ !34 +Ŋ,."#+.Ŋ#!.-¢,(!.Ŋĥ-.2Ŋ#23;Ŋ ŗ#,/4) -".Ŋ Ŋ+.2Ŋ+~,(3#2Ŋ"#Ŋ+.2Ŋ1#!412.2Ŋ - 341 +#2Ģē
c[dj[ [b_c_dWZei" i[]‘d [b Ze# Ykc[dje$
# (ŋ*,)!, ' ŋ ŋ -)ŋ ŋ ( ,!v ĔŊ ŊěŊ;b FWhbWc[dje
ÂĄ Ä“ĹŠ 2ĹŠ5 1( !(.-#2ĹŠ#-ĹŠ#+ĹŠ, %, ĹŠ/."1~ -ĹŠ2#1ĹŠ4-ĹŠ(-"(! ".1ĹŠ -3#2ĹŠ"#ĹŠ 04#ĹŠ#-31#ĹŠ#-ĹŠ !3(5(" "Ä“
) ,v (Ĺ‹*, #,Ĺ‹ ,/* #)( -Ĺ‹ Ĺ‹-/* ,0)& ( ŊŊěŊŊ BWi [hkfY_ed[i Z[ ikf[h# lebYWd[i Zehc_Zei ZkhWdj[ Y_[d# jei Z[ W‹ei i[ feZh‡Wd fh[Z[Y_h" i[]‘d WĂ’hcW kd ]hkfe Z[ Y_[dj‡# Ă’Yei [d bW h[l_ijW DWjkh[$ Bei [if[Y_Wb_ijWi gk[ WdWb_# pWhed bei YWcX_ei [d bW Yecfe# i_Y_ÂŒd Z[b cW]cW Z[ kd lebY|d gk[ [djhÂŒ [d [hkfY_ÂŒd ^WY[ Y_[d# jei Z[ W‹ei [d bW _ibW ]h_[]W Z[ IWdjeh_d_ Wi[]khWd gk[ ^Wo kdW
i[h_[ Z[ _dZ_Y_ei W jhWlƒi Z[ bei gk[ i[ fk[Z[ _dZkY_h i_ i[ lW W fheZkY_h kdW [hkfY_Œd$ 7Z[c|i" ik]_[h[d gk[ bW Yec# fei_Y_Œd Z[b cW]cW YWcX_W W‹ei Wdj[i Z[ gk[ [ijW i[ fheZkpYW$ BWi [ijhkYjkhWi Z[ bei ik# f[hlebYWd[i ied jWd f[b_]heiWi gk[ ik [hkfY_Œd feZh‡W fhele# YWh [b YWcX_e Z[b Yb_cW W d_l[b ]beXWb$
;khef[e F; ^W _dijWZe W Yh[Wh kd Æfhe]hWcW [if[# Y‡ÒYeÇ Y[djhWZe [d Yedi[# ]k_h [b WYY[ie kd_l[hiWb W bW [d[h]‡W fWhW (&)&" [d [b cWhYe Z[ bW Yeef[hWY_ÂŒd Wb Z[iWhhebbe Z[ bW Kd_ÂŒd ;k# hef[W$ ;b fb[de Z[ bW ;kheY|cW# hW WfheXÂŒ kdW h[iebkY_ÂŒd gk[ Z[ijWYW gk[ kdei '$)&& c_bbed[i Z[ f[hiedWi [d jeZe [b ckdZe Z[ bWi gk[ [b .* l_l[ [d pedWi hkhWb[i de j_[d[d WYY[ie W bW [b[Yjh_# Y_ZWZ o gk[ Y[hYW Z[ ($-&& c_bbed[i YWh[Y[d Z[ _dijWbW# Y_ed[i WZ[YkWZWi fWhW YeY_# dWh" be gk[ fheleYW c|i Z[ '$*&& c_bbed[i Z[ ck[hj[i Wb W‹e$ 1.,4#5#-ĹŠ,#).1~ 2
FWhW bei [kheZ_fkjWZei" [b WYY[ie W bW [d[h]‡W [i Æ\kd# ZWc[djWbÇ fWhW bW Yedi[Yk# Y_ÂŒd Z[ ckY^ei Z[h[Y^ei \kdZWc[djWb[i" feh be gk[ bei ]eX_[hdei Z[X[d fhece#
Ä“ĹŠ ĂŒ-ĹŠ#7(23#-ĹŠ/#12.- 2ĹŠ04#ĹŠ-.ĹŠ3(#-#-ĹŠ"(2/.-( (+(" "ĹŠ#-#1%_3(! Ä“
l[h ik WYY[ie kd_l[hiWb W jhWlƒi Z[ b[]_ibWY_ÂŒd" YedjhWjei e Yed# Y[i_ed[i Z[ b_Y[dY_Wi" e _cfe# d_[dZe eXb_]WY_ed[i Z[ i[hl_Y_e kd_l[hiWb WZWfjWZWi W bWi fei_# X_b_ZWZ[i Z[ YWZW fW‡i$ JWcX_ƒd _dijWd W bW 9ec_i_ÂŒd ;khef[W o W bei fW‡i[i [khef[ei W Ægk[ de Ă’dWdY_[d d_ Wb_[dj[d Z[ d_d]kdW ejhW \ehcW [b kie Z[ bW [d[h]‡W dkYb[Wh [d bei fW‡i[i
[d Z[iWhhebbe" j[d_[dZe [d Yk[d# jW bei ]hWl[i fheXb[cWi Z[ i[]k# h_ZWZ o ieij[d_X_b_ZWZÇ$
(/Ŋ#!.+¢%(!. #5(2#Ŋ04#Ŋ+ 2Ŋ34 #1~ 2Ŋ8Ŋ%1($.2Ŋ"#Ŋ %4 Ŋ"#Ŋ24Ŋ'.% 1Ŋ#23_-Ŋ#-Ŋ!.11#!3.Ŋ #23 ".Ŋ/ 1 Ŋ#5(3 1Ŋ"#2/#1"(!(.2ē
āĀ
0%!),+ (! 01. āĆŏ)%*ċ
ŏĀĆŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏŏ
Ì2(! ũ"# (,/1.5(2 !(¢ ũ
ũ! -3 -3#ũ#!4 3.1( - ũ 1#ũ#+ũ !4 ".1ũ 99ũ #23(5 +ũĉćĈĉē 1#2#-3 1;ũ24ũ-4#5.ũ, 3#1( +ē
ũ
;2ũ ++;ũ"#ũ+ ũ,Ì2(!
ũě ;b YWdjWdj[ l[d[pebWde Z[\[dZ_ ik _cfb_YWY_ d [d
bei fheXb[cWi ieY_Wb[i feh c[Z_e Z[ YWdY_ed[i Yed bWi gk[ Z[dkdY_W Yk[ij_ed[i Yece bW bWYhW Z[ bW l_eb[dY_W cWY^_ijW" kdW \WY[jW gk[ fWhW b [i YecfWj_Xb[ Yed ik [ij_be Z[ c i_# YW XW_bWXb[ o \[ij_lW$
ũ
84" ũ2(-ũ04#1#1 ũěũ -ũĥ34(3Ħũ #-5( ".ũ/.1ũ+ ũ #!*ũ +ũ+~"#1ũ"#+ũ %14/.ũ ĉĔũ .-.Ĕũ/1.5.!¢ũ#+ũ !.+ /2.ũ"#ũ+ ũ/;%(- ũ6# ũ"#ũ + ũ.1% -(9 !(¢-ũ'4, -(3 1( ũ 4-" !(¢-ũ .2/(!(.ũ 1+ -"_2ēũ (!3.1( ũ %1 "#!(¢ũ +ũ,Ì2(!.ũ #+ũ1#% +.ũ"#ũ4-ũ+( 1.ũ(-$ -3(+ũ 04#ũ#23#ũ/42.ũ ũ+ ũ5#-3 ũ/ 1 ũ 1#! 4" 1ũ$.-".2ũ/ 1 ũ+ ũ,#-ı !(.- " ũ(-23(34!(¢-ēũ -ũ/.! 2ũ '.1 2ũ,;2ũ"#ũĉũ,(++.-#2ũ"#ũ 2#%4(".1#2ũ"#ũ+ ũ#7! -3 -3#ũ 5(2(3 1.-ũ+ ũ # ēũ
- ũ#!4 3.1( - ũ04#ũ' ũ'#ı 4-ũ-4,#1.2.ũ,#1! ".ēũũ !'.ũ! 11#1 ũ#-ũ 1%#-3(- ũ#2ũ ġ 2345#ũ+.2ũÌ+3(,.2ũ.!'.ũ .2ũ + ũ-.5#" "ũ"#+ũ !4 ".1ũ 99ũ 5(5(#-".ũ ++;ũĸ 1%#-3(- Ĺũ8ũ ũ #23(5 +ũ ĉćĈĉĔũ 04#ũ 2#ũ $(- +#2ũ "#ũ -.5(#, 1#ũ !#+# 1 ũ"#2"#ũ#+ũČũ' 2ı ũ 5(-#ũ ũ !4 ".1Ĕũ /#1.ũ 3 ũ#+ũĈĈũ"#ũ$# 1#1.ũ#-ũ#+ũ #23.8ũ 04~ũ 3#,/.1 +ı # 31.ũ !(.- +ũ 4!1#ũ 23 ũ 13(23 ũ(- 4ı ,#-3#ũ/4#2ũ/+ -#.ũ5(ı "#ũ 4(3.ēũ .-ũ1(3,.ũ8ũ %41 ũ#+ũ$#23(5 +ũ 5(1ũ#-ũ 1 2(+ũ".-"#ũ' 8ũ ".ũ + ũ ! 1 !3#1~23(! ũ (,ı #23#ũ2; "#2"#ũ+ 2ũĈĒĖĊćũ 4-ũ -(!'.ũ ,;2ũ %1 -"#ũ /1.5(2 !(¢-ũ "#ũ ,#+.ı #-ũ#+ũ # 31.ũ !(.- +ũ 4!1#Ĕũ / 1 ũ,(ũ,Ì2(! Ģē "~ 2Ĕũ +#) -"1 ũ 8 2Ĕũ #-ũ 4(3.ē .ũ2(,/+#,#-3#ũĥ +#Ħũ' ũ Ġ 8ũ,#1! ". / 2# ".ũ24ũ5.9ũ#-ũ3(#ı / 1 ũ#+ũ) 99ũ#-ũ#+ũ/ ~2ğ ũ 11 2ũ% 4!' 2ē ġ 8ũ ,4!'.ũ 3 +#-3.Ĕũ 4#-.2ũ,Ì2(!.2Ĕũ/#1.ũ - ũ5(" ũ#-ũ 1%#-3(- +ũ5 +.1ũ"#ũ+ 2ũ #-31 " 2ũ#2ũ"#Ėũ Ì-ũ1#23 ũ#7/+.3 1ũ#23#ũ #2"#ũ24ũ;+ 4,ũ"# 43ũ ŌĈćũ+4-#3 ĔũŌĉćũ %_-#1.ũ#-ũ !4 ".1Ĕũ#-ũ / +!.ũ8ũŌĈĎũ/+ ı ĥ 8"1# ,ĦũĸĉććđĹĔũ+ ũ 3# ē 1# +(" "ũ2(#-3.ũ04#ũ-.ũ (-3_1/1#3#ũ"#2/#13¢ũ#+ũ ' 8ũ,#1! ".ũ#-ũ+ ũ !ı (-3#1_2ũ"#ũ+ ũ(-"4231( ũ 34 +(" "Ĕũ -.ũ ' 8ũ 2#++.2ũ "(2ı ,42(! +ũ) 99~23(! ũ 1%#-3(- ēũ !.%1;ă!.2ũ.ũ#,/1#2 2ũ#2/#ı ũ 4-04#ũ#23#ũ/ ~2ũ#2ũ!.-.ı !( +(9 " 2ũ#-ũ) 99ĢĔũ!.,#-3 ũ !(".ũ ,4-"( +,#-3#ũ /.1ũ #+ũ +#Ĕũ 4-04#ũ2#ũ,4#231 ũ./3(ı 3 -%.Ĕũ#+ũ) 99ũ3 , (_-ũ3(#-#ũ ,(23 ũ/4#2ũ3(#-#ũ#2/#1 -9 2ũ /.1ũ+ ũ! +(" "ũ"#ũ+.2ũ,Ì2(!.2ũ +.! +#2ēũ
- ũ"#ũ+ 2ũ/.2( +#2ũ2.+4!(.ı -#2ũ2#1~ ũġ2 ! 1ũ +ũ) 99ũ"#ũ+.2ũ 1#2ũ8ũ++#5 1+.ũ ũ+.2ũ%1 -"#2ũ #2/ !(.2ĢĔũ !.,.ũ +.ũ ' !#ũ #+ũ
99ũ (-ũ (34ũ 8ũ !4 ".1ũ 99ũ #23(5 +ēũ #ũ+ ũ,_31(! ũ+ ũ(,/1.5(2 !(¢ġ 45#ũ04#ũ#,/#9 1ũ"#ũ!#1.ĢĔũ "().ũ + ũ ! -3 -3#ũ /4#2ũ "#2ı "#ũ +.2ũ Čũ .2ũ #234"(¢ũ /( ı -.ũ!+;2(!.ũ/#1.ũ +ũ#-31 1ũ#-ũ #+ũ ,4-".ũ "#+ũ ) 99ũ 345.ũ 04#ũ ! , ( 1ũ+ ũ,_31(! ũ8ũ1(%("#9ũ "#ũ+ 2ũ/ 13(341 2ũ/.1ũ+.2ũ(,ı /1.5(2 ".2ũ!.,/ 2#2ũ"#ũ#23#ũ %_-#1.ēũ +#ũ 8 2ũ/1#2#-3 1;ũ#-ũ#23 ũ .! 2(¢-ũĥ ũ3(,#ũ$.1ũ+.5#ĦĔũ"(2!.ũ /1."4!(".ũ /.1ũ "1(;-ũ (#2Ĕũ 04(#-ũ8 ũ31 )¢ũ!.-ũ#++ ũ#-ũ24ũ -3#1(.1ũ31 ).ũ"#ũ#234"(.ēũ +ũ 2#-!(++.ũĥ . -".ũ!.-ũ 4(3.ĦĔũ 4- ũ 5#12(¢-ũ 04#ũ ,#9!+ ũ / 2(++.ũ8ũ) 99ũ#2ũ+ ũ 1(23 ũ 04#ũ43(+(9 1;ũ/ 1 ũ(-ı 3#1- 1ũ24ũ,Ì2(! ũ#-ũ #+ũ,#1! ".ũ#!4 ı 3.1( -.ē
ũ ũ ũ } ũ 23#$ -~ ũ 41 -. J_[d[ () W ei o [i kdW Whgk_j[YjW ]hWZkWZW Z[ bW Kd_l[hi_ZWZ Z[b 7pkWo$ ;ijW h[fh[i[djWdj[ Z[b Wki# jhe [YkWjeh_Wde c_Z[ '"-& Yc Z[ [ijWjkhW o b[ ]kijW XW_bWh$ 7Z[c|i [i kdW WfWi_edWZW feh bW c i_YW Z[b l_eb d$ B[ [dYWdjWh W i[h bW dk[lW C_ii FWY \_Ye fWhW fheceY_edWh Wb fW i" _cfkbiWh [b Z[iWhhebbe Whgk_j[Yj d_Ye o \ehcWh dk[lWi \k[dj[i Z[ jkh_ice Z[b ;YkWZeh$ I_ bW [iYe]_ Yece ik \Wleh_jW lej[ [d0 mmm$c_iifWY_\_Ye[YkWZeh$
ēũ +ũă#+ũ !.,/ #1.ũ"#ũ +#ũ#2ũ24ũ /( -.ũ"#ũ!.+ ē
¡ Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
Ċŋ
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
4ũ2#-2( (+(" "ũ#2ũ,48ũ$4#13#ũ +ũ(%4 +ũ04#ũ 24ũ(-34(!(¢-ēũ "ēũ2#ũ"#) ũ%4( 1ũ/.1ũ#23 ũ8ũũ #2ũ+ ũ3_!-(! ũ,;2ũ#ă! 9ēũ 2ũ,48ũ 4#-.ũ / 1 ũ!.-2#15 1ũ2#!1#3.2ũ8ũ#-ũ "ēũ3.".2ũ 5#-ũ4-ũ 4#-ũ!.-ă"#-3#ēũ ũ-.23 +%( ũ04#ũ ,4!' 2ũ5#!#2ũ+#ũ(-5 "#ũ-.ũ+#ũ"#) ũ5 +.1 1ũ 242ũ/.3#-!( +#2ē
ĸ$# 1#1.ũĉćũıũ, 19.ũĉćĹũ /+(04#ũ24ũ! / !(" "ũ(-3#+#!34 +ũ/ 1 ũ 2. 1#++#5 1ũ8ũ#-3#-"#1ũ+ 2ũ2(34 !(.-#2ũ "($~!(+#2ũ8ũ+ 2ũ/14# 2ũ04#ũ2#ũ+#ũ5 -ũ/1#ı 2#-3 -".ēũ #!4#1"#Ėũ "ēũ#2ũ4-ũ31(4-$ ".1ũ /.3#-!( +ē
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ
.2ũ 24-3.2ũ"#ũ31 ).ũ2#1;-ũ/1(.1(3 1(.2ũ / 1 ũ "ēũ +ũ"#2#,/# .ũ#-ũ#+ũ,(2,.ũ2#1;ũ ,48ũ 4#-.ēũ #!4#1"#Ėũ (ũ-.ũ!.-31.+ ũ24ũ -#15(.2(2,.ũ_+ũ+#ũ".,(- 1;ũ8ũ -(04(+ 1;ē
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ 42ũ'().2ũ2#ũ/.13 1;-ũ"#ũ, -#1 ũ,;2ũ , "41 ũ8ũ2#%41 ēũ "ēũ2#1;ũ 31 !3(5.ũ8ũ #-31#3#-(".ũ/ 1 ũ+.2ũ-( .2ē #!4#1"#Ėũ .ũ /#1,(3 ũ04#ũ+ 2ũ2(34 !(.-#2ũ"($~!(+#2ũ+#ũ +3#1#-ũ#,.!(.- +,#-3#ē
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ #-31.ũ"#ũ24ũ'.% 1ũ2#ũ/.-"1;ũ, 8.1ũ _-$ 2(2ũ +ũ!4+3(5.ũ"#ũ+ ũ,#-3#ēũ 4ũ, "1#ũ 2#1;ũ,;2ũ1 9.- ".1 ũ8ũ!.,4-(! 3(5 ē ũ #!4#1"#Ėũ !#/3#ũ+.2ũ. 23;!4+.2ũ/.104#ũ 2.-ũ4-ũ"#2 $~.ũ ũ24ũ!1# 3(5(" "ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ
.2ũ#234"(.2ũ8ũ#+ũ /1#-"(9 )#ũ2#1;-ũ,48ũ (,/.13 -3#2ũ/ 1 ũ "ēũ#-ũ#23#ũ,.,#-3.ēũ
2ũ1#+ !(.-#2ũ!.-ũ$ ,(+( 1#2ũ8ũ'#1, -.2ũ 2#1;-ũ#-1(04#!#".1 2ēũ #!4#1"#Ėũ 4ũ 1#2/.-2 (+(" "ũ' ũ"#ũ.1(#-3 1ũ24ũ+( #13 "ē
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ 4ũ2(34 !(¢-ũ#!.-¢,(! ũ2#1;ũ,48ũ 4#- ēũ 4ũ! / !(" "ũ/ 1 ũ ",(-(231 1ũ8ũ"(231( 4(1ũ !.11#!3 ,#-3#ũ2#1;ũ$4-" ,#-3 +ũ#-ũ#23#ũ /1.!#2.ēũũ #!4#1"#Ėũ 1# ũ#-ũ "ēũ8ũ#-ũ242ũ ! / !(" "#2ē
ARGOLLA
DISPERSA
MAMÍFERO MUSTÉLIDO
ASIDERO, MANGO
DESEO
MAQUE
EXTENSIÓN
BURLA, CHASCO
SOLITARIA
SONIDO
REPERCUSIÓN
SPORTIG CLUB NÚMERO PAR
PIÉLAGO
SERVIENTE,
MONARCA
DIMINUTA
DOMÉSTICO
PERUANO
CANTAUTOR Y ACTOR DE
PUERTO RICO
HEMBRA DEL
CANTERA DE
LORO ESPECIE DE BÚFALO PIGMEO
Ħũ (5 ĝ
YESO
ADVERBIO DE LUGAR
MENSAJE,
BAÑADO DE
ENCARGO
LUZ
TONTO EN
POLÍTICO
ĔũĉćĖćć
BOLSA,
AGREDIR
LECHO
CETÁCEO MARI-
GROSERO
CANTANTE DE MÚSICA DISCO Y SOUL DE EE. UU.
ARGOLLA CUMPLEAÑOS
D A N I T ACTRIZ DE LA PELÍCULA
UNA NOCHE LOCA
C
DELTA
L
A
L
TELA FUERTE DE HILO PREVENCIÓN DE UNA COSA
O
E
CINTA DE ALGODÓN PATRIARCA DEL DILUVIO
N
R
I
R
R FALTAR
LA CRUZ
A
R
A
R
CONVENIO,
A
R
A
REPERCUSIÓN
ALTAR
O
D
S
I
L
E
DIOS DEL AMOR
O
ESTADO DE VENEZUELA YUNQUE DEL
CUBIERTA, TAPADERA
P
N
A
R
A
A
N
A
T
S
L
R
E
E
A
R
A
P
PERSONAL
DIOS EN EL ISLAM
I
R
A
C
L
DIRECTOR, Y PRODUCTOR DE LA PELÍCULA KING KONG
PRONOMBRE
E
R
DISPERSA
INVENTAR
PÚBLICO
E
C
PERFORAR
O
LUGAR DONDE SE GUARDA. TESORO
T
C
NOBELIO
Y
HUESO LARGO DEL ANTEBRAZO SOMBRERO FEMENINO
A
PLATERO
T
MARRAR, ESCRITURA EN
AGUJEREAR,
A
ALAS
A
ESTADO DE BRASIL CIUDAD DE YEMEN
ALFA
QUE TIENE
R
I D
SÍMBOLO DE
A
A
R A
EQUIVOCADA
E
A
R
MAMÍFERO MUSTÉLIDO
A
T
APÓCOPE DE SANTO
EXTRAÑA
CHARCALES
DIOS EN EL ISLAM
A L
TRATADO
CARRO EN
A ALGA DE LOS
R
DE METAL
R
O VOZ DE
ARRULLO
COMPOSICIÓN
BULTO I EXTRAÑO
SECRETO
O
O
A S SANTO EN PORTUGUÉS
N
S
A
T
O
C
A
R
L L
PLANTÍGRADO SUBIR
A
S
A
ADVERBIO DE
T
ACCIÓN DE TASAR
LUGAR
A
VIGÉSIMA LETRA GRIEGA
B
U
C
A
S
A
E
C
R
C
A
O
L
A
UNO EN INGLÉS
E
N
O
A
CIUDAD DE ITALIA PRONOMBRE
CELEBRIDADES A
T
DIOSA
AFJ<G? 8IK?LI A >F9@E<8L M (/(- $ (//) ;@GCFDÝK@:F P <J:I@KFI A =I8E:<J% GIF:LIJFI ;<C E8Q@JDF% S
O
DVERBIO DE CANTIDAD
INSTRUMENTO
O
A MEDIDA DE LONGITUD
NAVE
A J
O
BELLACO
A
N
A
O
C
M
A
K
A
N
S
MUSICAL APÓCOPE DE MAMÁ
SENDA
A
AFIRMACIÓN
R
I
RÍO DE RUSIA
A
S
O
N
CIUDAD DE JAPÓN ENAMORADO DE DALILA
ESPECIE DE BÚFALO PIGMEO
N PATRIARCA HEBREO
SÍMBOLO DE AZUFRE
S
EMBARCACIÓN DEL DILUVIO EMBUSTE, TRAMPA
SÍMBOLO DE
ESPOSA DE ABRAHAM
INGLÉS
TIEMPO
ONDA
ACCIÓN DE
RUSO
TASAR
FRAGANCIA
TERCERA
SÍMBOLO DE
SÍMBOLO DE
VOCAL
OSMIO
SELENIO
FÁBRICA, FACTORIA
A SÍMBOLO DE
RATA EN
EMPERADOR
R
P
CIELO EINSTENIO
E
A
HOGAR
ALABANZA
LÍRICA
O
FAMILIA
ROENTGEN
PLANTA
DESTREZA
D
INGLÉS
OMEGA
OFIDIO DE GRAN TAMAÑO TESORO PÚBLICO
RELIGIOSA
M
DESPUÉS DE
RÍO DE RUSIA
VASIJA GRANDE
A
DIOS DEL VINO
NO GIGANTE
FRENAR, DETENER LABRAR
Solución anterior F
ŗũũ
Fhe]hWcW gk[ `kdjW W Zei ]hWdZ[i [ijh[bbWi" @[dd_\[h B f[p o CWhY 7dj^edo" [d kd l_W`[ W be bWh]e Z[ 7c h_# YW BWj_dW fWhW YedeY[h W bei jWb[djeiei YWdjWdj[i" XW_bW# h_d[i" c i_Yei o Whj_ijWi gk[ ^Wd Z[iYkX_[hje c[Z_Wdj[ iki YedjWYjei f[hiedWb[i" \[ij_lW# b[i fefkbWh[i o kdW YWcfW W [d h[Z[i ieY_Wb[i$
CHINO
KICHWA
ũũ
ũũ
āā
ARAR
LICOR
AROMATIZAR
^ ũ
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ
ũ!.,4-(! !(¢-ũ"#-31.ũ"#+ũ, 31(,.-(.ũ 2#1;ũ,#).1ēũ 4ũ/ 1#) ũ3#-"1;ũ"#2#.2ũ"#ũ !4+3(5 12#ũ8ũ!1#!#1ũ ũ-(5#+ũ(-3#+#!34 +ēũ #!4#1"#Ėũ ũ$#+(!(" "ũ -(" ũ#-ũ+.2ũ!.1 ı 9.-#2ũ .-" ".2.2ē
ĀĆŏ ŏ ŏ ŏĂĀāĂŏ
ŏ +. ŏ
MEDIDA DE
ALTAR
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ 42ũ/+ -#2ũ1#+ !(.- ".2ũ!.-ũ#234"(.2ũ 8ũ/1.$#2(¢-ũ3(#-#-ũ/1(.1(" "ũ/.1ũ#+ũ ,.,#-3.ēũ 42ũ ,(%.2ũ2#1;-ũ4-ũ /.8.ũ#-ũ #23 2ũ;1# 2ēũ #!4#1"#Ėũ ũ!.2 2ũ++#% 1;-ũ ũ "ēũ!4 -".ũ8 ũ-.ũ+ 2ũ04(#1 ũũ8ũ2#ũ +#) 1;-ũ !4 -".ũ8 ũ-.ũ+ 2ũ3#, ē
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ
ũ2(34 !(¢-ũ#!.-¢,(! ũ"#ũ24ũ/ 1#) ũ /4#"#ũ,#).1 1ũ,4!'.ũ2(#,/1#ũ8ũ!4 -".ũ #++ ũ !3Ì#ũ!.-ũ,4!' ũ(-3#+(%#-!( ēũ ũ ,#-3#ũ-#!#2(3 ũ! , (.2ēũ #!4#1"#Ėũ 42ı 04#ũ+ ũ$#+(!(" "ũ%#-4(- ũ#-ũ+ 2ũ1(04#9 2ũ #2/(1(34 +#2ē
FAMILIA
ACCIÓN DE
DEPARTAMENTO DE PERÚ
ũũ
: ũũ
TASÍN
LONGITUD
ũũ
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ "ēũ/4#"#ũ1#!( (1ũ /.8.ũ,48ũ(,/.13 -3#ũ "#2"#ũ#+ũ#731 -)#1.ēũ 42ũ#234"(.2ũ24/#1(.ı 1#2ũ2#1;-ũ$14!3~$#1.2ēũ #!4#1"#Ėũ "ēũ#2ũ#+ũ 2#1ũ,;2ũ, 1 5(++.2.ē
SANTO
REY DE EGINA HIJO DE ZEUS SECRETO
ĸ#-#1.ũĉćũıũ$# 1#1.ũĈĒĹ "ēũ2#1;ũ4-ũ/.!.ũ,;2ũ2#1(.ũ#ũ(-31.2ı /#!3(5.ēũ 4ũ! / !(" "ũ/ 1 ũ#7/1#2 12#ũ 8ũ"(2!#1-(1ũ2#1;ũ24ũ"(23(-3(5.ēũ #!4#1"#Ėũ :,#2#ũ8ũ/1.!41#ũ2#1ũ,#).1ē
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ /+(04#ũ3.".ũ24ũ1 9.- ,(#-3.ũ#ũ(-3#+(ı %#-!( ũ/ 1 ũ+.%1 1ũ+ 2ũ,#3 2ũ/1.$#2(.- +#2ũ 04#ũ2#ũ' ũ31 9 ".ēũ ũ!.,4-(! !(¢-ũ!.-ũ 242ũ)#$#2ũ2#1;ũ,#).1ēũ #!4#1"#Ėũ 4ũ./3(ı ,(2,.ũ!1# ũ4-ũ/ 1 ~2.ũ8ũ2#ũ!.-5(#13#ũ/ 1 ũ +.2ũ.31.2ũ#-ũ4-ũ;-%#+ũ"#ũ#2/#1 -9 ē
DIOS EN EL ISLAM CIUDAD DE FRANCIA
APÓCOPE DE
ũũ
ũũ
GARZA REAL
TONEL, BARRIL
C O
INHALAR
M
AGUANTAR,
E
A
L
}
RÍO DE FRANCIA, NACE
SOPORTAR
PERSONAL
R
CERCA DE ÉPINAL
RELIGIOSA
Ċŋ
+ũ31 -2/.13 ".1ũĊ ĔũĉĉĖćć
ŗũũ
-"1_ũ (31.g-
;ijW l[p" <hWda CWhj d Z[X[ jhWdifehjWh W bW ^_`W i[Yk[i# jhWZW Z[b b Z[h Z[ bW 7][dY_W 7cX_[djWb Z[ KYhWd_W" Z[iZ[ CWhi[bbW W EZ[iiW$ CWhj d de [ij| fh[Y_iWc[dj[ [djki_Wi# cWZe Yed bW c_i_ d o" fWhW Yebce" bW Wh_iYW Y^_YW de b[ \WY_b_jW bW l_ZW$ F[he fhedje WcXei i[ WY[hYWh|d Wb ZWhi[ Yk[djW Z[ gk[ kd i_cfb[ [hheh fk[Z[ YeijWhb[i YWhe$
ĸĈđĐđıĈĒĊĎĹ
ŗũũ
?d][d_[he \hWdY i" Yh[WZeh Z[ bW cWhYW Wkjecel_b ij_YW Z[ ik decXh[" dWY[ kd Z W Yece ^eo [d FWh i$ <k[ [b fh_c[h [cfh[# iWh_e [d [cfb[Wh c jeZei Z[ jhWXW`e [d YWZ[dW [d bW _dZki# jh_W [khef[W o [djh[ iki Wfehj[i c|i Z[ijWYWZei [ij|d [b [d# Y[dZ_Ze [b Yjh_Ye o bW jhWYY_ d Z[bWdj[hW$ C|i gk[ _dl[djeh o j Yd_Ye \k[ Z[iYkXh_Zeh Z[ jW# b[djei o ][d_e eh]Wd_pWZeh" o kd WfWi_edWZe feh bW \WXh_YWY_ d o bW Z_ijh_XkY_ d W ]hWd [iYWbW$ 8W`e ik cWdZe" 9_jhe d bb[] W i[h [b YkWhje \WXh_YWdj[ Z[ Wkje# c l_b[i Z[b ckdZe W fh_dY_f_ei Z[ bW Z YWZW Z[ '/)&$
: ũ }
+ũ 4 +#ũ! /3 ũ ũ+ ũ% + 7( ũ,;2ũ 1(++ -3# ;b j[b[iYef_e [ifWY_Wb >kXXb[ ^W YWfjkhWZe kdW _cW# ][d Z[ kdW ]WbWn_W [if_hWb Yed XWhhWi gk[ fk[Z[ WokZWh W Ye# deY[h c[`eh bW L W B|Yj[W$ BW cWoeh fWhj[ Z[ bWi ]WbWn_Wi [if_hWb[i YedeY_ZWi [djhWd Z[d# jhe Z[ [ijW YWj[]eh W Z[ ÈYed XW# hhWiÉ Ä gk[ i[ Z[Òd[ feh ik fhe# dkdY_WZW [ijhkYjkhW Z[ XWhhWi W jhWl i Z[ iki Y[djhei$ BW [n_ij[dY_W Z[ [ijW [ijhkY# jkhW fk[Z[ _dZ_YWh bW [ZWZ Z[ bW ]WbWn_W$ :ei j[hY_ei Z[ bWi ]W# bWn_Wi c|i Y[hYWdWi o ` l[d[i ũ ěũ ũ
j_[d[d XWhhW" c_[djhWi gk[ i be kd gk_dje Z[ bWi c|i l_[`Wi o Z_i# jWdj[i bW j_[d[d$ BW dk[lW _cW][d [i kd ^_je c|i [d bW bWh]W jhWo[Yjeh_W Z[b j[b[iYef_e [ifWY_Wb >kXXb[ [d bW eXj[dY_ d Z[ _c|][d[i Wijhed # c_YWi _cfWYjWdj[i$ + 7( ũ 1(++ -3#
I[ jhWjW Z[ bW ]WbWn_W c|i Xh_bbWd# j[ Z[iYkX_[hjW ^WijW [b cec[dje" ]hWY_Wi W kd h[Ykhie YedeY_Ze Yece b[dj[ ]hWl_jWY_edWb$ ;ij[ \[d c[de Z[ b[dj[ ]hW#
l_jWY_edWb eYkhh[ YkWdZe bW ]hW# l[ZWZ Z[ kd eX`[je ]_]Wdj[iYe" Yece feh [`[cfbe [b Ieb" kd W]k# `[he d[]he e jeZe kd Yed`kdje Z[ ]WbWn_Wi" YWkiW kdW YkhlWjkhW [d [b j_[cfe#[ifWY_e$ BW bkp fheY[Z[dj[ Z[ eX`[jei c|i Z_ijWdj[i o Xh_bbWdj[i i[ Ó[n_edW o cW]d_ÒYW Wb WjhWl[# iWh [iW h[]_ d jhWijehdWZW feh bW ]hWl[ZWZ$
Ĺ? Ĺ? Ĺ? Ĺ? Ĺ?
Ä Ä‚
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
(-341 ĹŠ(-3#+(%#-3#ĹŠ "#3#!3 ĹŠ$ ++ 2ĹŠ #-ĹŠ#2314!341 2
Ĺ—ĹŠ ĹŠĹŠ?d][d_[hei Z[ kdW kd_l[hi_# ZWZ Z[b H[_de Kd_Ze Z[iWhhe# bbWhed kd j_fe Z[ f_djkhW gk[" Wb YecX_dWhi[ Yed [b[YjheZei" fk[Z[ Z[j[YjWh \WbbWi c_Yhei# YÂŒf_YWi Z[ ]hWdZ[i [ijhkYjk# hWi" feh [`[cfbe" fk[dj[i e jkhX_dWi [ÂŒb_YWi$ ;b fheZkYje" gk[ i[ eXj_[d[ W kd XW`e Yeije" kj_b_pW bW dWde# j[Ydebe]‡W fWhW h[l[bWh ZW‹ei [ijhkYjkhWb[i ckY^e Wdj[i Z[ gk[ eYkhhW kdW \WbbW$ Feh [iW hWpÂŒd" i[]‘d bei [nf[hjei" fe# Zh‡W h[lebkY_edWh bW \ehcW [d gk[ i[ YedjhebW bW i[]kh_ZWZ Z[ bWi ]hWdZ[i [ijhkYjkhWi [d ckdZe$
2 -ĹŠ5.+!;-ĹŠ!.,.ĹŠ $4#-3#ĹŠ"#ĹŠ#-#1%~
Ĺ—ĹŠ ĹŠĹŠKd ]hkfe Z[ [cfh[iWi [d ;ijWZei Kd_Zei kj_b_pWh| dk[lW j[Ydebe]‡W fWhW [njhW[h [d[h]‡W ][ej[hcWb Z[ kd lebY|d _dWYj_le [d [b [ijWZe Z[ Eh[]ed ;ijWZei Kd_Zei Yed bW [nf[YjWj_lW Z[ Z[iWhhebbWh [i[ i[Yjeh Z[ bW [d[h]‡W h[de# lWXb[ o lebl[hbW Yecf[j_j_lW [d [b c[hYWZe$ BWi YecfW‹‡Wi fh[j[dZ[d Yed[YjWh Z[fÂŒi_jei Z[ W]kW \h‡W ikXj[hh|d[W Yed kd d_l[b Z[ heYW i[YW YWb_[dj[ c[Z_Wdj[ kdW h[Z Z[ Ă’ikhWi feh ZedZ[ Ă“k_h‡W [b b‡gk_Ze o Yh[Wh‡W lWfeh$
SUPERINTENDENCIAÂ DE COMPAĂ‘IAS
.Ŋ2# Ŋ5~!3(, Ŋ"#Ŋ $1 4"#2Ŋ#+#!31¢-(!.2 Ŋ!.-3(-4 !(¢-Ŋ+#Ŋ/1#2#-3 ,.2Ŋ!4;+#2Ŋ 2.-Ŋ+.2Ŋ"#+(3.2Ŋ6# 2Ŋ,;2Ŋ!.,4-#2Ŋ#-Ŋ !4 ".1Ŋ8Ŋ!¢,.Ŋ#5(3 1+.2ēŊ
7b Yed[YjWhi[ W ?dj[hd[j" lWh_ei ied Y_kZWZWdei" ckY^Wi Z[ bWi YkWb[i bei h_[i]ei W bei gk[ kdW f[hiedW i[ i[ fk[Z[d fh[l[d_h i_ bei _dZ_l_Zkei [nfed[$ F_[di[ feh kd cec[dje ^WY[d kd Xk[d kie Z[ bWi m[Xi$ WY[hYW Z[ jeZei bei Z[b_jei gk[ fk[# Z[d eYkhh_h$ <hWkZ[" fehde]hW\‡W" 1 4"#ĹŠ#+#!31¢-(!. f[ZeĂ’b_W" WYeie" heXe Z[ _Z[dj_ZWZ$$$ PWfWjW Wi[]khW gk[ bei heXei o bW ied Y_[djei bei f[b_]hei$ [ijW\W [b[YjhÂŒd_YW ied bei Z[b_jei D_YebWo PWfWjW" cWoeh c|i fh[eYkfWdj[i [d [b Z[ bW Kd_ZWZ Z[ Z[b_jei ?d# fW‡i" oW gk[ ^Wd j[d_Ze kd ]hWd h[fkdj[$ \ehc|j_Yei Z[ ;YkWZeh" ĹŠ :[djhe Z[ [ij[ YWcfe Wi[]khW gk[ ZkhWdj[ (&'' !#1! ĹŠ"#ĹŠ"#+(3.2ĹŠ bWi Z[dkdY_Wi feh WjWgk[i (-$.1,;3(!.2ĹŠ2#ĹŠ [n_ij[d lWh_Wi ceZWb_ZWZ[i$ 1#!#/3 1.-ĹŠ [b[YjhÂŒd_Yei Wkc[djWhed "41 -3#ĹŠÄ‰Ä‡ÄˆÄˆÄ”ĹŠ KdW Z[ [ijWi [i [b f^_i^_d]" 2#%ĂŒ-ĹŠ (!.+ 8ĹŠ kd )&& [d h[bWY_ÂŒd W bWi / 3 ĔŊ, 8.1ĹŠ [i Z[Y_h" bW ikfbWdjWY_ÂŒd Z[ h[Y[fjWZWi ZkhWdj[ (&'&$ "#ĹŠ+ ĹŠ -(" "ĹŠ"#ĹŠ _Z[dj_ZWZ e Z[ f|]_dWi m[Xi$ ;b [nf[hje i[‹WbW gk[ (%(+ -!( ĹŠ"#ĹŠ Kd [`[cfbe [i [b [dl‡e Z[ #+(3.2ĹŠ [ije i[ Z[X[ W gk[ bW ][dj[ -$.1,;3(!.2Ä“ Yehh[ei [b[YjhÂŒd_Yei W dec# [ij| WZgk_h_[dZe YWZW l[p Xh[ Z[ Wb]kdW [dj_ZWZ \_# cWoeh[i YedeY_c_[djei dWdY_[hW fWhW f[Z_h kdW WY# WY[hYW Z[b j[cW" feh be gk[ ĹŠ jkWb_pWY_ÂŒd Z[ ZWjei$ Feh be W^ehW fk[Z[d _Z[dj_Ă’YWh i_ ][d[hWb" Yed [ije" bei Y_X[h# ied l‡Yj_cWi e de Z[ Wb]‘d Z[b_dYk[dj[i heXWd YbWl[i 4 -".ĹŠ4-.ĹŠ2#ĹŠ o ejhe j_fe Z[ _d\ehcWY_ÂŒd Z[b_je Y_X[hdƒj_Ye$ !.-#!3 ĹŠ +ĹŠ 7Z[c|i" bWi _d\hWYY_e# -3#1-#3ĹŠ2#ĹŠ#7/.Äą gk[ b[i f[hc_j[ ikijhW[h Z_# d[i ^Wd YWcX_WZe$ Æ7dj[i -#ĹŠ ĹŠ,~-(,.ĹŠÄˆÄŽĹŠ "#+(3.2ĹŠ(-$.1,;Äą d[he Z[ bWi Yk[djWi$ iebe i[ bb[lWXWd W YWXe bei 3(!.2ĔŊ2#%ĂŒ-ĹŠ+ ĹŠ I[ fk[Z[ [l_jWh i[h l‡Y# -(" "ĹŠ"#ĹŠ XehhWZei Z[ WhY^_lei e bei (%(+ -!( ĹŠ"#ĹŠ j_cW Z[ [ijei WjWgk[i Wb de [dl‡ei Z[ l_hkiÇ" Yec[djW #+(3.2ĹŠ ^WY[h YWie Z[ [ij[ j_fe Z[ -$.1,;3(!.2Ä“ [b CWoeh" gk_[d W]h[]W gk[ c[diW`[i gk[" [d YWi_ jeZWi bWi eYWi_ed[i" ied \Wbiei$ W^ehW jWcX_ƒd ^Wo ejhWi ceZWb_ZWZ[i$ ;b ia_cc_d] [i ejhe Z[b_je gk[ =hWY_Wi W bei Wl_iei Z[ bW Y_kZW# fheZkY[ ]hWd fh[eYkfWY_ÂŒd" Ye# ZWd‡W" bW Kd_ZWZ Z[ :[b_jei ?d\eh# c[djW [b [nf[hje" gk_[d [nfb_YW c|j_Yei ^W feZ_Ze [ijWXb[Y[h gkƒ gk[ i[ jhWjW Z[b ^khje Z[ _d\eh# j_fe Z[ _d\hWYY_ed[i W\[YjWd W bei cWY_ÂŒd Z[b Z_d[he fb|ij_Ye" ieXh[
ÄŠÄ“Ä?Ä?ĉ
2+*/'39+ !+841:)/C3 4 % *+ *+ 0:1/4 *+ 1' ":5+7/39+3*+3)/' *+ 425'BA'8 '574(4 1' +2/8/C3 *+ 4(1/-')/43+8 547 :3 24394 *+ $" ? #! " " $ # " ! " " "# " $ " ! *+ 1' )425'BA' " $ & !! " " " # = */85:84 8: /38)7/5)/C3 +3 +1 !+-/8974 *+1 +7)'*4 *+ %'147+8 ('04 +1 3:73+74 *+ *+ 0:1/4 *+ +1 79/):14 3:2+7'1 1/9+7'1 + *+ 1' += *+ +7)'*4 *+ %'147+8 +3 )43)47*'3)/' )43 +1 57/2+7 /3)/84 *+1 79/):14 '5/9:14 #/9:14 *+ 1' 4*/D)')/C3 *+ 1'8 !+841:)/43+8 +<5+*/*'8 547 +1 438+04 ')/43'1 *+ %'147+8 +89'(1+)+ 6:+ 1' )'3)+1')/C3 *+ 1' 138)7/5)/C3 *+ :3 ;'147 +3 +1 !+-/8974 *+1 +7)'*4 *+ %'147+8 5:+*+ 7+'1/>'78+ *+ 4D)/4 8/+257+ 6:+ 8+ .:(/+8+3 +<9/3-:/*4 148 *+7+).48 )43,+7/*48 547 +1 ;'147 2+*/'39+ +247'3*4 4 " % ! *+ *+ */)/+2(7+ *+ +1 +5'79'2+394 *+ :947/>')/C3 = !+-/8974 *+ +7)'*4 *+ %'147+8 7+2/9+ ' 1' /7+))/C3 :7A*/)' +1 3,472+ 4 " %
+3 +1 ):'1 +2/9+ )7/9+7/4 ,';47'(1+ 5'7' 1' )'3)+1')/C3 *+ 1' /38)7/5)/C3 *+ 1' +2/8/C3 '39+8 )/9'*' 3 +0+7)/)/4 *+ 1'8 '97/(:)/43+8 )43,+7/*'8 2+*/'39+ !+841:)/C3 4 " " ! ! *+ *+ */)/+2(7+ *+
! +3 +1 !+-/8974 *+1 +7)'*4 *+ %'147+8 1' 138)7/5)/C3 *+ 1' +2/8/C3 *+ 4(1/-')/43+8 *+ 1' )425'BA' " $ & !! " " " # 547 +1 24394 *+ $"
? #! " " $ # " ! " " "# " $ " ! 7+,+7/*' +3 +1 57/2+7 )438/*+7'3*4 *+ 1' 57+8+39+ !+841:)/C3 # ! '1 7+57+8+39'39+ 1+-'1 *+ 1' )425'BA' " $ & !! " " " # )43 1' 57+8+39+ !+841:)/C3 *+ 1' ,472' 57+;/89' +3 1' +=
" ! 6:+ +89' !+841:)/C3 8+ 5:(1/6:+ 547 :3' 841' ;+> +3 :34 *+ 148 */'7/48 *+ 2'=47 )/7):1')/C3 *+1 *42/)/1/4 57/3)/5'1 *+1 +2/847 $3 +0+251'7 *+ */).' 5:(1/)')/C3 *+(+7@ 7+2/9/78+ ' 1' /7+))/C3 *+ :947/>')/C3 = !+-/8974 *+ 1' 39+3*+3)/' *+ +7)'*4 *+ %'147+8 )424 7+6:/8/94 57+;/' ' 1' )'3)+1')/C3 *+ 1' /38)7/5)/C3 ! # ! :3' )45/' *+ +89' !+841:)/C3 ' 1'8 47547')/43+8 /;/1+8 418' *+ %'147+8 *+ :/94 = 418' *+ %'147+8 *+ :'='6:/1 5'7' 148 D3+8 )438/-:/+39+8
'*' = D72'*' +3 1' ":5+7/39+3*+3)/' *+ 425'BA'8 +3 +1 /897/94 +974541/9'34 *+ :/94 ' *+ */)/+2(7+ *+
ēŊ /1#-" Ŋ (#-Ŋ!¢,.Ŋ$4-!(.- Ŋ4- Ŋ1#"Ŋ2.!( +Ŋ8Ŋ/ 1 Ŋ04_Ŋ2(15#ĔŊ"#Ŋ #23 Ŋ, -#1 Ŋ#5(3 1;Ŋ(-!.-5#-(#-3#2ēŊ
jeZe YkWdZe i[ h[Wb_pW kdW jhWdiWYY_ÂŒd$ FWhW fh[l[d_h _dYedl[# d_[dj[i i[ b[ h[Yec_[dZW W bei XWdYei YWcX_Wh bWi XWd# ZWi [b[YjhÂŒd_YWi Z[ bWi jWh`[# jWi feh kd Y^_f$ 7Z[c|i" i[ b[i f_Z[ W bei kikWh_ei gk[ dkdYW f_[hZWd Z[ l_ijW iki jWh`[jWi$ #+(3.2ĹŠ!.-ĹŠ-(Â .2
;ij[ j_fe Z[ _d\hWYY_ed[i de ied jWd Yeckd[i [d [b fW‡i" f[he i‡ i[ ^Wd ZWZe Wb]kdei YWiei" Yec[djW PWfWjW$ :[djhe Z[ [ijW |h[W" bei fheXb[cWi c|i YedeY_Zei ied bW fehde]hW\‡W _d\Wdj_b o bW f[ZeÒb_W" bei YkWb[i i[ \WY_# b_jWd Wb _dijWbWh Y_[hje j_fe Z[ fhe]hWcWi fWhW Z[iYWh]Wh
23_ĹŠ +#13 31.2ĹŠ 3 04#2
Ĺ—ĹŠ (142Ä“ Ĺ—ĹŠ !*#.2Ä“ Ĺ—ĹŠ !!#2.2ĹŠ-.ĹŠ 43.1(9 ".2ĹŠ ĹŠ+ 2ĹŠ!4#-3 2Ä“ĹŠ Ĺ—ĹŠ ++ĹŠ !*Ä“ c‘i_YW o l_Z[ei gk[ i[ cWdj_[# d[d WYj_lei jeZe [b j_[cfe o gk[ fk[Z[d Xh_dZWh WYY[ie W bW _d\eh# cWY_ÂŒd fh_lWZW W ejhei kikWh_ei Z[ bW c_icW Wfb_YWY_ÂŒd$ Ejhe j_fe Z[ Z[b_jei ied0 [b Y_X[hXkbb_d]" WYeie [djh[ Yec# fW‹[hei Z[ [iYk[bW e Yeb[]_e ^WY_W d_‹ei e WZeb[iY[dj[i" o [b ]heec_d]" WYeie i[nkWb feh fWh# j[ Z[ kd WZkbje W kd _d\Wdj[ W jhWlƒi Z[b ?dj[hd[j$
Ä“ĹŠ 4-! ĹŠ/(#1" ĹŠ"#ĹŠ5(23 ĹŠ242ĹŠ3 1)#3 2ĹŠ"#ĹŠ!1_"(3.ĹŠ +ĹŠ1# +(9 1ĹŠ31 -2 !!(.Äą -#2ĹŠ -! 1( 2ĹŠ/ 1 ĹŠ/1#5#-(1ĹŠ1. .2ĹŠ"#ĹŠ" 3.2Ä“ĹŠ
5(3#ĹŠ/1. +#, 2 ĹŠĹŠ ĹŠ/1#5#-!(¢-ĹŠ"#ĹŠ"#+(3.2ĹŠ!( #1-_3(!.2ĹŠ"#/#-"#ĹŠ,4!'.ĹŠ"#+ĹŠ/#1ă+ĹŠ8ĹŠ"#ĹŠ+ ĹŠ Ĺ— !3(5(" "ĹŠ04#ĹŠ1# +(9 ĹŠ! " ĹŠ/#12.- ĔŊ/#1.ĹŠ' 8ĹŠ!(#13 2ĹŠ/ 43 2ĹŠ04#ĹŠ2#ĹŠ/4#"#-ĹŠ
3., 1ĹŠ#-ĹŠ!4#-3 ĹŠ/ 1 ĹŠ-.ĹŠ2#1ĹŠ5~!3(, ĹŠ"#ĹŠ-(-%ĂŒ-ĹŠ3(/.ĹŠ"#ĹŠ$1 4"#Ä“ĹŠ .1ĹŠ#)#,/+.ĔŊ' 8ĹŠ04#ĹŠ! , ( 1ĹŠ+ 2ĹŠ!+ 5#2ĹŠ"#ĹŠ$.1, ĹŠ/#1(¢"(! ĔŊ3#-#1ĹŠ !4(" ".ĹŠ!.-ĹŠ+.2ĹŠ!.11#.2ĹŠ 241 ĹŠ8ĹŠ-4-! ĹŠ 1(1ĹŠ-(-%ĂŒ-ĹŠ,#-2 )#ĹŠ04#ĹŠ!.-3#-% ĹŠ / + 1 2ĹŠ!.-ĹŠ1#+ !(¢-ĹŠ ĹŠ2#7.ĹŠ#-ĹŠ#+ĹŠ 24-3.Ä“ĹŠ +ĹŠ43(+(9 1ĹŠ4-ĹŠ!.,/43 ".1ĹŠ/ĂŒ +(!.ĹŠ#2ĹŠ !.-2#) +#ĹŠ1#5(2 1ĹŠ04#ĹŠ#23#ĹŠ3#-% ĹŠ 4-ĹŠ -3(5(142ĹŠ8ĹŠ' 8ĹŠ04#ĹŠ#5(3 1ĹŠ!.,/ 13(1ĹŠ.ĹŠ(-%1#2 1ĹŠ" 3.2ĹŠ/#12.- +#2ĔŊ2. 1#ĹŠ 3.".ĹŠ-.ĹŠ1# +(9 1ĹŠ31 -2 !!(.-#2ĹŠ -! 1( 2Ä“ĹŠĹŠ -ĹŠ! 2.ĹŠ"#ĹŠ04#ĹŠ423#"ĹŠ3#-% ĹŠ'().2ĔŊ+.ĹŠ,#).1ĹŠ#2ĹŠ04#ĹŠ!.+.04#ĹŠ#+ĹŠ.1"#- ".1ĹŠ#-ĹŠ 4-ĹŠ+4% 1ĹŠ5(2( +#ĔŊ".-"#ĹŠ/ 2#ĹŠ,4!' ĹŠ%#-3#ĔŊ04#ĹŠ(-23 +#ĹŠ/1.%1 , 2ĹŠ"#ĹŠ!.-31.+ĹŠ / 1#-3 +ĹŠ8ĹŠ04#ĹŠ+#2ĹŠ#7/+(04#ĹŠ!4;+#2ĹŠ2.-ĹŠ+.2ĹŠ1(#2%.2ĹŠ04#ĹŠ#7(23#-ĹŠ#-ĹŠ#+ĹŠ -3#1-#3Ä“ĹŠ
Ä 4_ĹŠ' !#ĹŠ(-3#+(%#-3#ĹŠ ĹŠ4-ĹŠ!#+4+ 1Ä&#x;
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
41($(04#ĹŠ24ĹŠ , (#-3#
23.2Ŋ 13#$ !3.2Ŋ ++ , -Ŋ+ Ŋ 3#-!(¢-Ŋ /.104#Ŋ3(#-#-Ŋ,;2Ŋ 43(+(" "#2Ŋ04#Ŋ2.+.Ŋ 1# +(9 1Ŋ8Ŋ1#!( (1Ŋ++ Ĺ , " 2ēŊ
- Ŋ-4#5 Ŋ%#-#1 !(¢-
I_ced[j Wi[]khW gk[ [ijW dk[lW YbWi[ Z[ cÂŒl_b[i i[ ^W Z[dec_# dWZe Yece Ăˆj[bƒ\edei _dj[b_][d# j[iÉ e ĂˆicWhj f^ed[iÉ feh ik jhW# ZkYY_ÂŒd Wb _d]bƒi $ I[ YWhWYj[h_pWd fehgk[ de iebe [dl‡Wd o h[Y_X[d bbWcWZWi o c[diW`[i" i_de gk[ jWcX_ƒd j_[d[d W][dZW" i[ Yed[YjWd W ?d# j[hd[j" j_[d[d WYY[ie W h[Z[i ie# Y_Wb[i <WY[Xeea" Jm_jj[h " ZWd i[hl_Y_e Z[ cWfWi" j_[d[d Yeck# d_YWY_ÂŒd [d b‡d[W" f[hc_j[d l_# ikWb_pWh ZeYkc[djei o Wb]kdei" _dYbkie" [ij|d ^WX_b_jWZei fWhW gk[ bei kikWh_ei jhWXW`[d Yed [i# jei WhY^_lei" [nfb_YW [b [nf[hje$
.2ĹŠ #-#ă!(.2
J[d[h kd Y[bkbWh Z[ [ijei Wfeh# jW ckY^e fWhW bW \WY_b_ZWZ [d bW Yeckd_YWY_Œd o fWhW [b jhWXW`e" i[‹WbW I_ced[j" gk_[d W]h[]W gk[ [d bW WYjkWb_ZWZ [n_ij[ kdW ]hWd d[Y[i_ZWZ Z[ j[d[h W cWde bW _d\ehcWY_Œd o YecfWhj_hbW Z[ kdW cWd[hW |]_b$
ē ŊěŊBW iWb [i c|i
o bW Z[h[Y^W W be fei_j_le$ ;Y^Whi[ [ij[ [b[c[dje W^k# o[djWh‡W bW d[]Wj_l_ZWZ" bei cWbei [if‡h_jki o [ij_ckbWh‡W bW fheif[h_ZWZ$ F[he de Z[`[ gk[ YW_]Wd ]hWdZ[i YWdj_ZWZ[i Wb ik[be" bW jhWZ_Y_ÂŒd Z_Y[ gk[ [i Z[ cWbW ik[hj[$ Ejhe h_jkWb" \h[Yk[dj[c[dj[ h[Yec[dZWZe feh bei i^WcW# d[i" Xhk`ei o [if[Y_Wb_ijWi [d be [iejƒh_Ye" [i [Y^Wh iWb Ă’dW [d kd h[Y_f_[dj[ o i_jkWhi[ [d [b Y[djhe Z[ bW ^WX_jWY_ÂŒd fh_d# Y_fWb$ ;cf_[Y[ W heY_Wh bW YWiW Z[b Y[djhe ^WY_W bWi [igk_dWi o bk[]e i_]k_[dZe [d [b i[dj_# Ze Z[ bWi cWd[Y_bbWi Z[b h[be`$ 7i[]‘h[i[ Z[ gk[ i[ [ifWhpW feh jeZei bei h_dYed[i Z[ bW (34 +#2 ;b Whhe`Wh iWb feh ieXh[ [b ^ec# ^WX_jWY_ÂŒd$ Bk[]e fhei_]W Yed Xhe fhel_[d[ Z[iZ[ bW Wdj_# bWi Z[c|i ^WX_jWY_ed[i fWhW ]”[ZWZ$ 7^ehW X_[d0 ÂľFeh gkƒ Z[ifkƒi Wif_hWh feh Yecfb[je ^WY_W [b bWZe _pgk_[hZe5 :[iZ[ [b [b[c[dje$ I_ ik YWiW j_[d[ j[# j_[cfei _dc[ceh_Wb[i" bW _p# hhWpW e `WhZ‡d ^W]W be c_ice [d gk_[hZW i[ WieY_W W be d[]Wj_le bWi [igk_dWi$ gk[ kd _d]h[Z_[dj[ Z[ YeY_dW" [i kd [b[c[dje Z[ bW dWjkhWb[pW gk[ Z[iZ[ c_b[d_ei i[ kiW fWhW bei c|i feZ[heiei h_jkWb[i oW gk[ WokZW W fhej[][h" b_cf_Wh" Z[i^WY[h cWb[i o fkh_Ă’YWh$ >W j[d_Ze fhejW]ed_ice ^_ijÂŒh_Ye Z[iZ[ [b fh_dY_f_e Z[ bei j_[cfei$ ;ije" Z[X_Ze W gk[ ik kie [d bW Wb_c[djWY_ÂŒd o bW l_ZW Z[ bWi Yeckd_ZWZ[i [hW c|i gk[ _cfehjWdj[$ ;ije i[ jhWibWZÂŒ fhedje Wb |cX_je Z[ be c|]_Ye#h[b_]_eie" o [i Wi‡ Yece WZgk_[h[ bW YWhWYj[h‡ij_YW Z[ Xk[dW" fhej[YjehW o b_X[hW# ZehW$
: ēŊ .2Ŋ,¢5(+#2Ŋ,;2Ŋ,."#1-.2Ŋ/#1,(3#-Ŋ1#5(2 1Ŋ(-$.1, !(¢-Ŋ2(-Ŋ-#!#2(Ĺ " "Ŋ"#Ŋ4-Ŋ!.,/43 ".1ēŊ
4(" ".Ŋ!.-Ŋ+ Ŋ(-$.1, !(¢ŗŊŊ "4 1".Ŋ (,.-#3ĔŊ(-%#-(#1.Ŋ#-Ŋ2(23#, 2ĔŊ1#!.,(#-" Ŋ Ŋ+ Ŋ%#-3#Ŋ04#Ŋ3#-% Ŋ /1#! 4!(.-#2Ŋ!.-Ŋ+.2Ŋ" 3.2Ŋ04#Ŋ%4 1" Ŋ#-Ŋ24Ŋ!#+4+ 1ĔŊ/4#2Ŋ2(Ŋ#23#Ŋ2#Ŋ/(#1"#Ŋ.Ŋ2(Ŋ
+%4(#-Ŋ+.Ŋ1. ĔŊ/."1~ Ŋ04#" 1Ŋ#7/4#23.ē .1Ŋ#2.ĔŊ/("#Ŋ Ŋ+.2Ŋ424 1(.2Ŋ"#Ŋ+.2Ŋ3#+_$.-.2Ŋ(-3#+(%#-3#2Ŋ04#Ŋ2(#,/1#Ŋ3#-% -Ŋ 4-Ŋ1#2/ +".Ŋ"#Ŋ3.".2Ŋ242Ŋ 1!'(5.2Ŋ8Ŋ04#Ŋ+.2Ŋ !34 +(!#Ŋ!.-23 -3#,#-3#ĔŊ"#/#-Ĺ "(#-".Ŋ"#Ŋ+ Ŋ$.1, Ŋ#-Ŋ+ Ŋ04#Ŋ43(+(!#Ŋ#+Ŋ / 1 3.ēŊ "#,;2ĔŊ-.Ŋ' 8Ŋ04#Ŋ +, !#- 1Ŋ ++~Ŋ(-$.1, !(¢-Ŋ/#12.- +ĔŊ!.-31 2# 2Ŋ.Ŋ " 3.2Ŋ2. 1#Ŋ+ 2Ŋ!4#-3 2Ŋ -! 1( 2ēŊ
Æ7dj[i i[ d[Y[i_jWXWd Z_ia[# d[Y[i_jW h[l_iWh cW_bi" jecWh \e# jj[i fWhW jhWdifehjWh _d\ehcW# jei o gk[ WZ[c|i gk_[h[ [iYkY^Wh Y_ÂŒd" bk[]e i[ \WXh_YWhed bWfjefi c‘i_YW feZh‡W kj_b_pWh kd ?f^ed[$ o W^ehW j[d[cei c[ceh_Wi ;d YWcX_e" Wgk[bbei fehj|j_b[i" f[he iebe f[hc_# ĹŠ gk[ d[Y[i_j[d j[d[h W bW cWde iki ZeYkc[djei j[d bb[lWh _d\ehcWY_ÂŒd" [d Z[ jhWXW`e fh[\[h_h|d kd YWcX_e bei Ăˆj[bƒ\edei _dj[# b_][dj[iÉ f[hc_j[d h[Y_X_h" #ĹŠ#23(, ĹŠ04#ĔŊ #-ĹŠ#+ĹŠ$4341.ĔŊ+.2ĹŠ 8bWYaX[hho$ 7i_c_ice" W^ehW [ij|d [dl_Wh" l_ikWb_pWh o ^WY[h !#+4+ 1#2ĹŠ (_-ĹŠ/."1;-ĹŠ YWcX_ei [d bei ZWjeiÇ" W]h[# 3 , #-!#-"#1ĹŠ#+ĹŠ 43.ĹŠ Z_ifed_Xb[i bei 7dZhe_Zi .ĹŠ+ 2ĹŠ+4!#2ĹŠ"#ĹŠ+ ĹŠ gk[ j_[d[d kdW Æj[Ydebe]‡W ]W [b [if[Y_Wb_ijW$ ! 2 Ä“ĹŠ cko W]h[i_lWÇ" Yec[djW I_# 7Z[c|i" h[Y_X[ cW_bi" f[hc_j[ h[l_iWh bWi h[Z[i ced[j" gk_[d Z_Y[ gk[ [ijei ieY_Wb[i" eh]Wd_pWh W][d# ĹŠ f[hc_j[d kdW Xk[dW eh]W# ZWi o YedikbjWh _d\ehcW# d_pWY_ÂŒd Z[ W][dZW fWhW j[d[h i_[cfh[ fh[i[dj[i Y_ÂŒd [d ?dj[hd[j$
.2ĹŠÄĽ3#+_$.-.2ĹŠ (-3#+(%#-3#2ÄŚĹŠ/#1Äą bWi Y_jWi" h[kd_ed[i o ejhei ,(3#-ĹŠ4- ĹŠ2(-Äą [l[djei _cfehjWdj[i$ Ä Â˘,.ĹŠ#2!.%#1ĹŠ#+ĹŠ,#).1Ä&#x; I[W YkWb i[W ik [b[Y# >Wo lWh_ei j_fei Z[ ĂˆcÂŒl_b[i !1.-(9 !(¢-ĹŠ!.-ĹŠ !4#-3 2ĹŠ"#ĹŠ _dj[b_][dj[iÉ gk[ i[ WZWfjWd !.11#.ĹŠ#+#!31¢-(Äą Y_ÂŒd" I_ced[j h[Yec_[dZW !.ĹŠ.ĹŠ"#ĹŠ,#-2 )#Äą W bWi d[Y[i_ZWZ[i Z[ YWZW 1~ ĹŠ(-23 -3;-# ĹŠ Wl[h_]kWh X_[d gkƒ Wfb_# kikWh_e" feh be gk[ bWi f[h# !.,.ĹŠ ĹŠ.ĹŠ YWY_ed[i j_[d[ [b Y[bkbWh Ä“ o YÂŒce kiWhbWi fk[i ^Wo iedWi fk[Z[i [b[]_h [b gk[ c|i b[i Yedl[d]W" XWiWZei ckY^Wi YeiWi [d kd cÂŒ# [d iki fhef_Wi d[Y[i_ZWZ[i$ l_b gk[ ied ikXkj_b_pWZWi YkWdZe Feh [`[cfbe" i_ i[ jhWjW Z[ Wb# [b kikWh_e iebe be YecfhÂŒ fehgk[ ]k_[d gk[ b[ ]kijW [b Z_i[‹e" gk[ i[ l[‡W Xed_je$
!
#
!
!
! "
#
!
10451
BW [lebkY_Œd Z[ bei Y[bkbWh[i ^W i_Ze [dehc[ Z[iZ[ ik WfWh[Y_# c_[dje [d '/.)" YkWdZe i[ jhWjW# XW Z[ kd j[bƒ\ede ]hWdZ[ o f[iW# Ze gk[ de j[d‡W cko Xk[dW i[‹Wb o gk[ iebe f[hc_j‡W bbWcWh$ FWhW bW ZƒYWZW Z[ bei /&" bei cŒl_b[i i[ fefkbWh_pWhed1 YWc# X_Whed Z[ jWcW‹e o [d Yedi[Yk[d# Y_W i[ jhWdifehjWXWd Yed cWoeh \WY_b_ZWZ$ 7Z[c|i" [cf[pWhed W _dYbk_h dk[lWi Wfb_YWY_ed[i Yece Z_h[Yjeh_e j[b[\Œd_Ye" `k[]ei [ _d# Ybkie bW fei_X_b_ZWZ Z[ [dl_Wh o h[Y_X_h c[diW`[i Z[ j[nje$ I_d [cXWh]e" W^ehW j_[d[d ck# Y^Wi ejhWi efY_ed[i gk[ de iebe \WY_b_jWd bW Yeckd_YWY_Œd i_de [b jhWXW`e" Yec[djW ;ZkWhZe I_ce# d[j" _d][d_[he [d i_ij[cWi$
Ä Äƒ
Ä Ä…
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
) ĹŠ/ 1 ĹŠ#+ "# 43ĹŠ"#ĹŠ _+#9
ĹŠĹŠ;b c[Z_eYWcf_ijW Z[ Lƒb[p Ĺ—ĹŠ IWhiĂ’[bZ" h_lWb Z[b :[feh# j_le Gk_je [d 9efW" >ƒYjeh 9Wdj[hei \eje gk[ZÂŒ Wo[h Z[iYWhjWZe feh b[i_ÂŒd fWhW [b Z[Xkj [d bW 9efW B_X[hjWZeh[i gk[ i[ fheZkY_h| [b cWhj[i Wdj[ :[\[dieh Ifehj_d] [d Cedj[l_Z[e$
.- +".ĹŠ+ ,#-3 /.+_,(!
ĹŠĹŠ;b [n\kjXeb_ijW HedWbZe Ĺ—ĹŠ DWp|h_e Z[ B_cW bWc[djÂŒ [d ik Yk[djW [d bW h[Z Jm_jj[h gk[ ÆYWjehY[ W‹ei Z[ifkƒi" ^WoW efehjkd_ijWi XkiYWdZe [ifWY_e [d bei c[Z_ei Yed febƒc_YWi ieXh[ bW Ă’dWb Z[b CkdZ_Wb Z[ '//.Ç" gk[ 8hWi_b f[hZ_ÂŒ Wdj[ <hWdY_W feh )#&$
ĹŠ š ;b Whgk[he C|n_ce 8Wd]k[hW o [b Z[bWdj[he 9ebec# X_Wde @eiƒ H_d]e 7cWoW Ye_d# Y_Z[d [d gk[ [i _cfehjWdj[ gk[ [b [gk_fe ikc[ fkdjei Z[iZ[ [b fWhj_Ze _dWk]khWb fWhW Z[ [iW cWd[hW be]hWh kX_YWhi[ [d bei fh_c[hei bk]Wh[i [d [b 9Wcf[e# dWje ;YkWjeh_Wde Z[ \‘jXeb$ FWhW WcXei [b[c[djei Z[b [gk_fe Ăˆjeh[heÉ [ij[ j_[d[ gk[ i[h [b W‹e [d gk[ 8WhY[bedW i[ Yehe# d[ YWcf[ÂŒd dWY_edWb$ >eo [b ĂˆĂžZebeÉ i[ [d\h[djWh| Wdj[ ik h_lWb :[fehj_le 9k[dYW [d kd fWhj_Ze Z[ Z[Xkj feh [b jehd[e dWY_edWb [d [b ;ijWZ_e Cedkc[djWb W bWi ',^)& $ ;b lebWdj[ XWhhWdgk_bb[he @eiƒ 7cWoW iWX[ gk[ [ij[ jehd[e i[h| Yecf[j_j_le" f[he YWZW fWhj_Ze be `k]Wh|d Yece i_ \k[hW kdW Ă’dWb$ Æ;ij[ jehd[e i[h| Yecf[j_# j_le" YWZW fWhj_Ze [i kdW Ă’dWb fWhW deiejhei$ ?h[cei fhe]h[# iWdZe feYe W feYe Yed ]WdWi fWhW feZ[h iWYWh bei h[ikbjWZei$ 7fWhj[ Yh[e gk[ [b fhe\[ PkX[b# Z‡W ^W Yed\ehcWZe kd cko Xk[d fbWdj[bÇ" WfkdjÂŒ$ ;d YkWdje Wb fWhj_Ze Z[ ^eo Wdj[ [b 9k[dYW Z_`e YedeY[h cko feYe Wb h_lWb" f[he gk[ [ij[ fh_# c[h `k[]e i[h| _cfehjWdj[ fWhW _h ]WdWdZe fkdjei [d bW jWXbW Z[ fei_Y_ed[i$ :[ _]kWb \ehcW ef_dW [b ]kWh# ZWc[jW C|n_ce 8Wd]k[hW$ Æ;ijWcei fh[fWhWZei" Z[iZ[ [b _d_Y_e be ^Wh[cei Yed f_[ Z[h[# Y^e" jhWjWdZe Z[ ]WdWh jeZei bei fWhj_Zei fWhW kX_YWhdei [d kdW Xk[dW fei_Y_ÂŒd [ _h jhWdgk_bei W bW [jWfW Yecfb[c[djWh_W Z[b jeh# d[eÇ" [nfh[iÂŒ$
.2( +#2ĹŠ$.1, !(.-#2
.1-#.ĹŠ- !(.- +
(5#1ĹŠ1#3., + ĹŠ ĹŠ !(.- +
ĹŠĹŠH_l[h Z[ 7h][dj_dW l_i_jWh| Ĺ—ĹŠ ^eo W 7bc_hWdj[ 8hemd [d ?i_Zhe 9WiWdelW [d XkiYW Z[ kd jh_kd\e gk[ b[ f[hc_jW Ye# c[dpWh Yed ƒn_je [b i[c[ijh[ [d [b gk[ i[ Z[Y_Z_h| i_ h[]h[iW W Fh_c[hW :_l_i_ÂŒd" e X_[d f[hcWd[Y[ kdW j[cfehWZW c|i [d bW 8 DWY_edWb$
Ä“ĹŠ
;7(,.ĹŠ -%4#1 1+.2ĹŠ 14#2. 1(!*2.-ĹŠ 1 9.
(1.ĹŠ ,/.2 1(23( -ĹŠ 149
4(2Ŋ (!#". (#%.Ŋ , 8 ¢+%#1Ŋ 3 ,.1.2 ,(;-Ŋ ~ 9 +.Ŋ 4%Õ#1!(. 1!(2.Ŋ (-
1!#+.Ŋ )#" -"1_2Ŋ ¢/#9 1+.2Ŋ 231. #-18Ŋ -%; ^""#1Ŋ 4#13#2 (%4#+Ŋ -( %4 #1- -".Ŋ ) 1".
5(#1ĹŠ . +#2 5("ĹŠ 343# (*#ĹŠ ."1~%4#9 #"#1(!.ĹŠ 41(3.
Ä–ĹŠ 4(2ĹŠ 4 #+"~
Ä–ĹŠ 4(2ĹŠ .+#1ĹŠ
23 "(.Ä–ĹŠ .-4,#-3 + .1 Ä–ĹŠÄˆÄ?ĖĊć :1 (31.Ä–ĹŠ .""8ĹŠ , 1 -.
ĹŠ
ÄĽ +ĹŠ .!.ÄŚĹŠ2#ĹŠ/1.8#!3
+ĹŠ#-31#- ".1ĹŠ 1%#-3(-.ĹŠ"#ĹŠ !(-%ĔŊ +ă.ĹŠ 2(+#ĔŊ ",(3(¢Ŋ 8#1ĹŠ04#ĹŠ (, %(- ĹŠ4-ĹŠÄĄ1#!( (,(#-3.ĹŠ#,.3(5.ĢŊ#-ĹŠ#+ĹŠ (+(-"1.ĹŠ"#ĹŠ 5#++ -#" ĹŠ#+ĹŠ ".,(-%.ĹŠÄˆÄ‰ĹŠ"#ĹŠ$# 1#1.ĔŊ!4 -".ĹŠ1#3.1-#ĹŠ.ă!( +,#-3#ĹŠ ĹŠ#2#ĹŠ#23 "(.ĹŠ !.,.ĹŠ#-31#- ".1ĹŠ8ĹŠ-.ĹŠ"#2! 13¢Ŋ"#11 , 1ĹŠÄĄ4-ĹŠ+ %1(,¢-ĢēŊ ÄĄ #ĹŠ(, %(-.ĹŠ04#ĹŠ#+ĹŠ1#!( (,(#-3.ĹŠ5 ĹŠ ĹŠ2#1ĹŠ#,.3(5.Ä“ĹŠ .ĹŠ++#5.ĹŠ+ 2ĹŠ#,.Äą !(.-#2ĹŠ/.1ĹŠ"#-31.ĹŠ/#1.ĹŠ ĹŠ+.ĹŠ,#).1ĹŠ2#ĹŠ,#ĹŠ! #ĹŠ4-ĹŠ+ %1(,¢-Ä“ĹŠ #1.ĹŠ#2.ĹŠ 2.-ĹŠ"(#9ĹŠ2#%4-".2ĔŊ"#2/4_2ĹŠ#,/(#9 ĹŠ#+ĹŠ/ 13(".ĹŠ8ĹŠ' 8ĹŠ04#ĹŠ% - 1ĹŠ"#ĹŠ #-31 " ĢĔŊ"#23 !¢Ŋļ +ĹŠ .!.ÄŚĹŠ !#1! ĹŠ"#+ĹŠ"4#+.ĹŠ -3#ĹŠ (%1#ĹŠ/.1ĹŠ+ ĹŠ/1(Äą ,#1 ĹŠ$#!' ĹŠ"#+ĹŠ3.1-#.ĹŠ!+ 4241 Ä“ĹŠ "#,;2ĔŊ 2(+#ĔŊ04(#-ĹŠ"().ĹŠ04#ĹŠ5.+5(¢Ŋ ĹŠ !(-%ĹŠÄĄ/.1ĹŠ+ ĹŠ%+.1( ĢĔŊ !#/Äą 3¢Ŋ04#ĹŠ8 ĹŠ3(#-#ĹŠ+ ĹŠ$.1, !(¢-ĹŠ3(34+ 1ĹŠ/ 1 ĹŠ#2#ĹŠ#-!4#-31.ĹŠ8ĹŠ1#5#+¢Ŋ04#ĹŠ ÄĄ2(ĹŠ-.ĹŠ/ 2 ĹŠ- " ĢŊ#+ĹŠ/ 1 %4 8.ĹŠ 1!.2ĹŠ ;!#1#2ĹŠ2#1;ĹŠ3(34+ 1ĹŠ8ĹŠ.!4Äą / 1;ĹŠ#+ĹŠ+4% 1ĹŠ04#ĹŠ#-ĹŠ#+ĹŠ3.1-#.ĹŠ/ 2 ".ĹŠ$4#ĹŠ"#ĹŠ 3~ 2ĹŠ 13~-#9Ä“ĹŠ
Ŋ(+42(¢-Ŋ 2#Ŋ /."#1 Ŋ "#+Ŋ/4# +. Ŋ
+ĹŠ!4 "1.ĹŠ,;2ĹŠ/./4+ 1ĹŠ"#+ĹŠ/ ~2ĹŠ(-(!( ĹŠ'.8ĹŠ 24ĹŠ! ,(-.ĹŠ' !( ĹŠ24ĹŠ#231#++ ĹŠÄˆÄŒÄ“
Ä“ĹŠ ;7(,.ĹŠ -%4#1 ĔŊ 104#1.ĹŠ"#ĹŠ 1!#+.- ĔŊ/.-#ĹŠ24ĹŠ1ĂŒ 1(! ĹŠ#-ĹŠ4- ĹŠ! ,(2#3 Ä“
-3(#-#ĹŠ #+ĹŠ+("#1 3.
ć Ĉ
+;2(!.Ŋ"#Ŋ %(% -3#2 ēŊ -3.-(.Ŋ +#-!( ŊĸĉĎĚŊ2#1;Ŋ3(34+ 1Ŋ -3#Ŋ#+Ŋ '#+2# ē
+ĹŠ -!'#23#1ĹŠ -(3#"ĹŠ!.-ĹŠ -3.-(.ĹŠ +#-!( ĹŠ ĹŠ+ ĹŠ! #Äą 9 ĹŠ5(2(3 ĹŠ'.8ĹŠ +ĹŠ '#+2# ĹŠ#-ĹŠ #+ĹŠ/ 13(".ĹŠ,;2ĹŠ 31 !3(5.ĹŠ"#ĹŠ + ĹŠ 1#,(#1#ĹŠ # %4#Ä“
ĔŊ ĹŠ š ;b CWdY^[ij[h Kd_j[Z i[ fh[i[djW [d IjWc\ehZ 8h_Z][" [d bW l_]ƒi_cW YkWhjW `ehdWZW Z[ bW b_]W _d]b[iW" Yed# `khWZe fWhW ikf[hWh W kd 9^[b# i[W [d ^ehWi XW`Wi o i[]k_h [d bW f[b[W feh [b b_Z[hWje Yed [b CWdY^[ij[h 9_jo$ Bei ĂˆZ_WXbei he`eiÉ Z_[hed kd ]ebf[ ieXh[ bW c[iW Z[ bW Fh[# c_[h B[W]k[ [ijW i[cWdW Wb [c# fWjWh W +* fkdjei Wb \h[dj[ Z[ bW YbWi_Ă’YWY_ÂŒd Yed iki l[Y_dei Z[b 9_jo" Z[ifkƒi Z[ _h W h[cebgk[ ZkhWdj[ i[cWdWi [d [b i[]kdZe fk[ije Z[ bW jWXbW$ 7 f[iWh Z[ ^WX[h gk[ZWZe \k[hW W c_jWZ Z[ j[cfehWZW Z[ bW B_]W Z[ 9Wcf[ed[i o Z[ bW 9efW Z[ ?d]bWj[hhW" o Z[ gk[ ik Z[bWdj[he [ijh[bbW" [b _d]bƒi MWod[ Heed[o" oW de i[ [d# Yk[djh[ [d [b [ijWZe Z[ ]hWY_W Yed [b gk[ [cf[pÂŒ [b Ykhie" bei
Z[ 7b[n <[h]kied de ^Wd f[h# Z_Ze bW YedY[djhWY_ÂŒd [d bW Fh[# c_[h$ I_ X_[d ‘bj_cWc[dj[ de e\h[# Y[d kd `k[]e Xh_bbWdj[" bei ĂˆH[ZiÉ Z[ck[ijhWd `ehdWZW jhWi `ehdW# ZW gk[ ied kde Z[ bei [gk_fei c|i [\[Yj_lei Z[b YWcf[edWje" Wb]e gk[ j[dZh|d gk[ lebl[h W fheXWh ^eo" YkWdZe feZh|d lebl[h W YedjWh Yed Heed[o o [b fehjk]kƒi Bk‡i DWd_" WcXei h[Ykf[hWZei Z[ b[i_ed[i gk[ b[i ^Wd cWdj[d_Ze Zei i[cWdWi WfWhjWZei Z[b [gk_fe$ <[h]kied" gk_[d de ]WdW [d b_]W [d IjWc\ehZ 8h_Z][ Z[i# Z[ (&&(" lebl[h| W YedĂ’Wh ik fehj[h‡W Wb `el[d ]kWhZWc[jW [ifW‹eb :Wl_Z Z[ =[W" Wdj[ bW b[i_ÂŒd [d [b jeX_bbe gk[ Z[`Wh| \k[hW ZkhWdj[ kd c[i Wb ZWdƒi 7dZ[hi B_dZ[]WWhZ$ JWcX_ƒd lebl[h|d W bW f_#
pWhhW Z[b jƒYd_Ye [iYeYƒi bei decXh[i Z[ bei _d]b[i[i 7i^b[o Oekd] o Z[ Jec 9b[l[hb[o" Wc# Xei Z[ lk[bjW Z[ifkƒi Z[ ik\h_h b[i_ed[i Z[ bWh]W ZkhWY_ÂŒd$ Bei ĂˆZ_WXbei he`eiÉ i[ [dYed# jhWh|d [d BedZh[i W kd 9^[bi[W ^[h_Ze" gk[ [d bWi ‘bj_cWi i[# cWdWi de ^W fWiWZe Z[ WhW‹Wh [cfWj[i o l_Yjeh_Wi feh bW c‡d_# cW o gk[ bkY^W feh de f[hZ[h bW YkWhjW fei_Y_ÂŒd Z[ bW jWXbW gk[ b[ ZW Z[h[Y^e W [djhWh [d bW B_]W Z[ 9Wcf[ed[i bW fhÂŒn_cW j[cfehWZW$ ;b cWhĂ’b[‹e :_Z_[h :he]XW" bW f_[pW YbWl[ Z[b 9^[bi[W Z[b fehjk]kƒi 7dZh[ L_bbWi#8eWi" i[ [dYk[djhW jeZWl‡W Z_ifkjWd# Ze bW 9efW Z[ Ă›\h_YW" feh be gk[ bW h[ifediWX_b_ZWZ [d [b WjWgk[ h[YW[h| Z[ dk[le [d [b [ifW‹eb <[hdWdZe Jehh[i" gk_[d i_]k[ f[b[WZe Yed [b ]eb$ ;b Z[\[diW @e^d J[hho" _d# c[hie [d kdWi WYkiWY_ed[i Z[ hWY_ice gk[ b[ ^Wd bb[lWZe Wdj[ kd `k[p" de ^W feZ_Ze [djh[dWh# i[ [ijW i[cWdW" feh be gk[ fhe# XWXb[c[dj[ gk[ZWh| \k[hW Z[ bei fbWd[i Z[ L_bbWi#8eWi" gk[ feZh‡W ZWh [djhWZW [d ik edY[ _d_Y_Wb W kdW Z[ bWi _dYehfehW# Y_ed[i Z[b c[hYWZe Z[ _dl_[hde" [b _d]bƒi =Who 9W^_bb$
Ŋ Ŋ ěŊ ;b H[Wb
CWZh_Z cWdj_[d[ ik ieb_Z[p [d [b b_Z[hWje Ä“ĹŠ Z[ Fh_c[hW :_l_i_ÂŒd" jhWi _cfed[hi[ Yed kd j[ijWhWpe Z[ I[h]_e HWcei [d kd Zk[be \‡i_Ye Wb =[jW\[ &#' " [d kdWi Yecfb_YWZWi YedZ_Y_ed[i c[j[ehebÂŒ]_YWi" Yed [b j[hcÂŒc[# jhe hepWdZe bei Y[he ]hWZei o kd _dYÂŒceZe l_[dje gk[ YedZ_Y_edÂŒ [b `k[]e$ Dk[le fWie ^WY_W [b j‡jkbe Z[ kd H[Wb CWZh_Z i_d ZkZWi$ <_h# c[ [d [b IWdj_W]e 8[hdWXƒk o W Zec_Y_b_e" Wb Ă’hcWh ik eYjWlW iWb_ZW i[]k_ZW Yed l_Yjeh_W" Wdj[ kd =[jW\[ gk[ YWcX_ÂŒ [b fbWd# j[Wc_[dje Yed [b gk[ Z[hhkcXÂŒ W kd ]_]Wdj[ Yece [b 8Wh‚W$ :[ kdW _Z[W Z[\[di_lW gk[ b[ Z_e h[ikbjWZe fWiÂŒ W kdW lWb_[dj[$ O \k[ YWij_]WZe$ Bk_i =WhY‡W \k[ feh [b H[Wb CWZh_Z$ B‡d[W Z[\[di_lW WZ[bWd# jWZW o fh[i_ÂŒd \k[hed bWi Yed# i_]dWi$ 8kiYWXW WiĂ’n_Wh W NWX_ 7bedie o h[ZkY_h [ifWY_ei fWhW Wd_gk_bWh bW _cW]_dWY_ÂŒd Z[ zp_b o AWa|$ Bei h_[i]ei [hWd ]hWd#
Ä Ä†
Ĺ? ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Z[i$ Kd Xk[d fWi[ bWh]e$ KdW ZkZW [d bW pW]W$ 9eijWh‡W YWhW W kdW Z[\[diW _cfhel_iWZW feh bWi XW`Wi$ 9ed C_]k[b Jehh[i Z[ Y[d# jhWb Wikc_[dZe [b Zkhe [nWc[d Z[ \h[dWh W 8[dp[cW$ DkdYW \k[ [b 9eb_i[kc 7b\edie Fƒh[p kd j[hh[de YŒceZe fWhW [b H[Wb CWZh_Z$ BWi YedZ_Y_ed[i c[# j[ehebŒ]_YWi be [dZkh[Y_[hed c|i$ 7b \h‡e febWh i[ ikcŒ kd l_[dje gk[ YedZ_Y_edŒ jeZWi bWi WYY_ed[i$ C_[djhWi bW cWgk_dWh_W XbWdYW [djhWXW [d YWbeh" 8WhhWZW f[hZe# dŒ Wdj[ ?a[h 9Wi_bbWi kd XWbŒd gk[ Z_ifWhŒ Whh_XW [d XeYW Z[ ]eb$ JWhZŒ [d ZWh i[‹Wb[i Z[ f[# b_]he [b [gk_fe Z[ Cekh_d^e$ 9kWdZe be ^_pe" Yed kd j[ijWhW# pe Z[ 9h_ij_Wde gk[ iWYŒ W YŒhd[h Ceo|" oW de Y[iŒ$ JhWi h[YbWcWh Zei WYY_ed[i gk[ feZ‡Wd i[h Z[# Y_i_lWi" kdW \WbjW Yed jWh`[jW he`W W Jehh[i gk[ W]WhhŒ i_[dZe ‘bj_# ce ^ecXh[ W zp_b o kd f[dWbj_ de i[‹WbWZe ieXh[ 9h_ij_Wde" i[ _cfkie bW _cf[h_Wb \_]khW Z[ I[h]_e HWcei [d [b `k[]e Wƒh[e$
Ä“ĹŠ #1%(.ĹŠ ,.2ĹŠ$#23#) ĹŠ#+ĹŠ3 -3.ĹŠ04#ĹŠ+#ĹŠ"(.ĹŠ+ ĹŠ5(!3.1( ĹŠ ĹŠ+.2ĹŠÄĽ,#1#-%4#2ÄŚÄ“
(#).ĹŠ%.+# ".1
+ĹŠ$1 -!_2ĹŠ '(#118ĹŠ #-18ĹŠ, 1!¢Ŋ#+ĹŠ2_/3(,.ĹŠ%.+ĹŠ"#+ĹŠ 12#- +ĹŠ -3#ĹŠ#+ĹŠ + !* 41-ĹŠĹŠ/.1ŊĸÄ?ÄąÄˆÄšĹŠ8ĹŠ+ ĹŠÄƒ%41 ĹŠ"#+ĹŠ#-!4#-31.ĹŠ$4#ĹŠ#+ĹŠ'.+ -"_2ĹŠ . (-ĹŠ -ĹŠ #12(#ĔŊ04(#-ĹŠ -.3¢Ŋ4-ĹŠ31(/+#3#ĹŠ"#ĹŠ -.3 !(.-#2Ä“
Ä Ä‡
ĀĆĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ÄĽ ., (++.ÄŚĹŠ2#ĹŠ /1#-"#ĹŠ#-ĹŠ ÄĽ ĹŠ 4+3 - ÄŚ M_bc[h <WX_|d PkcXW lebl[h| W [ijWh ^eo '(0&& XW`e bei jh[i fWbei Z[b YkWZhe Ăˆc_bbedWh_eÉ$ ;b 9bkX Ifehj ;c[b[Y l_i_jW H_e# XWcXW fWhW" feh bW fh_c[hW \[# Y^W Z[b 9Wcf[edWje ;YkWjeh_W# de Z[ \‘jXeb" [d\h[djWh Wb Y[djhe :[fehj_le Ebc[Ze$ ;ij[ W‹e [b 9bkX Ifehj ;c[# b[Y gk_[h[ Yh_ijWb_pWh [b ik[‹e Z[ i[h YWcf[ÂŒd$ :ei _dj[dY_ed[i \Wbb_ZWi" [d (&'& o (&''" Z[`Wd [b iWbZe f[dZ_[dj[ [d bW [iYkWZhW gk[ YedZkY[ [b [ijhWj[]W CWhY[# be <b[_jWi$ EjhW Z[ bWi del[ZWZ[i [d [b Ăˆ8ecX_bbeÉ i[h‡W bW Wki[dY_W" feh b[i_ÂŒd" Z[ Ă›d][b C[dW" lebWd# j[ Z[ bb[]WZW$ ;c[b[Y fh[j[dZ[ WhhWdYWh Z[ Xk[dW cWd[hW [b Y[hjWc[d o bk[]e WfkdjWh Yed jeZe W bW 9efW B_X[hjWZeh[i Z[ 7cƒh_YW$ BW [iYkWZhW h_eXWcX[‹W" feh ik fWhj[" j_[d[ bW Z_h[YY_ÂŒd jƒYd_# YW" fWhW [ij[ W‹e" Z[b [YkWjeh_Wde 9Whbei 9WbZ[hÂŒd$ 7feijWh W bW `k# l[djkZ [i W ZedZ[ WfkdjWd bei Z_# h[Yj_lei Z[b Ăˆ9_YbÂŒd Z[ bei 7dZ[iÉ$
} ēŊ 1!#+.Ŋ +#(3 2ĔŊ Ŋ"#Ŋ ,#+#!ĔŊ04(#1#Ŋ(-(!( 1Ŋ!.-Ŋ4- Ŋ5(!3.1( ēŊ
.2( +#2ĹŠ$.1, !(.-#2 .1-#.ĹŠ- !(.- +
#--(2ĹŠ .1.9. , 1ĹŠ #"#2,
4(2ĹŠ 4 -. Ä“ĹŠ #11#1 1(23( -ĹŠ (-" #-#1ĹŠ 1!# Ä“ĹŠ .-3#5#1"# 1+.2ĹŠ 1#)4#+ -3( %.ĹŠ -".5 + 1!.2ĹŠ .,#1.
4(2Ŋ ."1~%4#9 ĖŊ 1+.2Ŋ +"#1¢-
(+,#1ĹŠ 4, 1+.2ĹŠ 4( ¢-#9 1(#+ĹŠ !'(+(#1 1( -.ĹŠ (- 2! 1ĹŠ %Ă•~ ""8ĹŠ .1.9. #"1.ĹŠ 4( ¢-#9 #1- -".ĹŠ ( .1 Ä“ĹŠ (,_-#9 1!.2ĹŠ .-" (-( 1+.-ĹŠ"#ĹŠ #2ĂŒ2 Ä–ĹŠ 1!#+.ĹŠ +#(3 2
23 "(.Ä–ĹŠ +~,/(!.ĹŠ"#ĹŠ (. , .1 Ä–ĹŠÄˆÄ‰Ä–Ä‡Ä‡ :1 (31.Ä–ĹŠ +$1#".ĹŠ -31( %.
ĹŠ
+ĹŠ/.3#-!( +ĹŠ"#ĹŠ + ĹŠÄĽ ÄŚĹŠ++#% ĹŠ ĹŠ .13.5(#).
ēŊ 4 -Ŋ 4(2Ŋ - -%.-¢Ŋ!., -" 1;Ŋ#+Ŋ 3 04#Ŋ"#+Ŋļ .).Čē
ÄĽ ĹŠ 1./ ÄŚĹŠ5 ĹŠ /.1ĹŠ+ ĹŠ1#5 -!'
9ed kdW fbWdj_bbW h_YW [d [n# f[h_[dY_W bb[]W B_]W :[fehj_lW Kd_l[hi_jWh_W W bW fhel_dY_W Z[ CWdWX‡$ Bei ĂˆWpkY[dWiÉ" Z[iZ[ bWi '+0&&" i[ l[d bWi YWhWi Yed [b CWdjW [d [b ;ijWZ_e H[Wb[i JW# cWh_dZei Z[ Fehjel_[`e$ ;b ;ijW# Z_e @eYWo" h[ZkYje Z[ bei ĂˆWjkd[# heiÉ" [ij| [d h[fWhWY_ÂŒd$ Kd c[Z_eYWcfe Z[ bk`e ^W [ijhkYjkhWZe ;Z]WhZe 8WkpW"
+ĹŠ !(.- +ĹŠ! , ( ĹŠ+ /;%(- ĹŠ8ĹŠ2#ĹŠ,#3#ĹŠ"# ++#-.ĹŠ#-ĹŠ#+ĹŠ ,/#.- 3. !4 3.1( -.ĹŠ"#ĹŠ$ĂŒ3 .+Ä“
.2( +#2ĹŠ$.1, !(.-#2 .1-#.ĹŠ- !(.- +
Äą
.+ -".ĹŠ ,~1#9 ~!3.1ĹŠ '(-%
4+(.Ŋ 8.5~ -1(04#Ŋ .,  .+~5 1Ŋ ¢,#9 +(.Ŋ 231 +_5#1Ŋ -"1 "# ^"#1Ŋ +#-!( (#%.Ŋ 1 -%. #"1.Ŋ 2!.8 . #13.Ŋ (- ĖŊ 1, -".Ŋ 2,
Ä“ĹŠ .,~-%4#9 9#04(#+ĹŠ 4- .1 #13.ĹŠ 1 4). (#%.ĹŠ +"#1¢ _(!#1ĹŠ # 2!. ĂŒ+ĹŠ , 1.22( #1- -".ĹŠ (" +%. 5("ĹŠ 4(1.9 ^"(2.-ĹŠ _-"#9 :-%#+ĹŠ '#,# (#%.ĹŠ 413 ". Ä–ĹŠ "% 1". 49
23 "(.Ä–ĹŠ # +#2ĹŠ , 1(-".2 .1 Ä–ĹŠÄˆÄŽÄ–Ä‡Ä‡ :1 (31.Ä–ĹŠ .2_ĹŠ 2/(-#+
ēŊ +Ŋ).5#-Ŋ 3 ! -3#Ŋ"#Ŋ+ Ŋļ ČĔŊ (#%.Ŋ 413 ".ĔŊ#2/#1 Ŋ, 1! 1ē
[ijhWj[]W Z[b Ăˆ7bXeÉ$ BW lk[bjW Z[ xZ_ied CƒdZ[p o :Wc_|d CWdie ^WY[d Z[ B_]W kd [gk_fe Yed ck# Y^W fheZkYY_ÂŒd Z[ \‘jXeb$ 7 [bbei i[ ikcW CWh_e :Wl_Z Gk_hep$ KdW dk[lW [ijh[bbW dWY[ [d [b ĂˆKÉ$ :_[]e >khjWZe" ^_`e Z[b b[][dZWh_e ĂˆFWjeÉ" i[h| gk_[d YecWdZ[ bW e\[di_lW ĂˆWpkY[dWÉ fWhW [b Y^egk[ Z[ [ijW jWhZ[$ ÆI[ jhWjW Z[ kd Xk[d `k]WZeh" W ƒb j[# d[cei gk[ _hbe bb[lWdZe Z[ifW# Y_eÇ" ieijkle 8WkpW [d h[bWY_ÂŒd W bW `el[d Ă’]khW$
9ed [b Z[i[e Z[ ikf[hWh [b jhW]e WcWh]e gk[ X[X_ÂŒ [d 9efW B_# X[hjWZeh[i ;b DWY_edWb gk_[h[ ebl_ZWh ik [b_c_dWY_ÂŒd Z[b Y[h# jWc[d _dj[hdWY_edWb o c[j[hi[ Z[ bb[de [d [b jehd[e Zecƒij_# Ye$ >eo" Z[iZ[ bWi '(0&&" h[Y_X[ W JƒYd_Ye Kd_l[hi_jWh_e [d [b ;ijWZ_e Eb‡cf_Ye 7jW^kWbfW$ ;d bW Yedj_dkWY_ÂŒd Z[b 9Wc# f[edWje ;YkWjeh_Wde Z[ \‘jXeb Ăˆ;b He`eÉ o Ăˆ;b HeZ_bbeÉ i[ l[h|d bWi YWhWi [d [b Ăˆ9ebeie Z[b 8W# j|dÉ$ Bei Ăˆfkhei Yh_ebbeiÉ" Yed kd [gk_fe `el[d" gk_[h[ WhhWd# YWh Yed kdW l_Yjeh_W$ Feh ik fWhj[" [b YkWZhe Z[ 7cXWje"
h[Y_ƒd WiY[dZ_Ze W bW i[h_[ Z[ fh_l_b[]_e" fh[j[dZ[ ZWh bW ieh# fh[iW" Yece oW be ^_pe ik ^[h# cWde Z[ fWj_e$ ;b \kdY_edWc_[dje Z[ bW ĂˆC|# gk_dW He`WÉ oW bW YedeY[cei" Wkdgk[ de Yed Xk[dei h[Yk[h# Zei$ :ei fWhj_Zei Wdj[ B_X[hjWZ Z[ FWhW]kWo dei ZWd kdW _Z[W Z[ be gk[ fk[ZW ceijhWh ^eo [b [gk_fe Z_h_]_Ze feh [b [ijhWj[]W khk]kWoe CWh_e IWhWb[]k_$ 9ed kdW YWcfW‹W f[h\[YjW" [d bW I[h_[ 8" [b JƒYd_Ye WbYWd# pÂŒ [b WiY[die Z[ bW cWde Z[ FW‘b Lƒb[p" ^eo [ijhWj[]W Z[ B_]W Z[ Be`W" i_d [cXWh]e [d bW
.2( +#2ĹŠ$.1, !(.-#2 .1-#.ĹŠ- !(.- +
.- 1"ĹŠ 1!~
.2_ĹŠ "1("
4 -ĹŠ Ä“ĹŠ - -%.-¢ 5(#1ĹŠ '(+ (! 1".ĹŠ ¢/#9 1 -*+(-ĹŠ 4#11 + 5(.ĹŠ (!#". 16(-ĹŠ (3 ĂŒ+ĹŠ (-"
4 -Ŋ ēŊ - -%.-¢
4(2ĹŠ 3(.) Ä–ĹŠ 1(.ĹŠ 1 +#%4(
Ä“ĹŠ
Ä“ĹŠ #+;204#9 81.-ĹŠ , !'. 1+~-ĹŠ 8.5~ 1%#-(2ĹŠ .1#(1 1#""8ĹŠ 9 1#-. (++( ,ĹŠ 1 4). -(#+ĹŠ (- +$1#".ĹŠ ,4 '1(23( -ĹŠ ¢,#9 +#7ĹŠ .+¢ 3~ 2ĹŠ 14 Ä–ĹŠ ĂŒ+ĹŠ _+#9
23 "(.Ä–ĹŠ +~,/(!.ĹŠ 3 '4 +/ .1 Ä–ĹŠÄˆÄ‰Ä–Ä‡Ä‡ :1 (31.Ä–ĹŠ ,4#+ĹŠ 1.
fh[i[dj[ j[cfehWZW Ăˆ;b HeZ_bbeÉ [i Z_h_]_Ze feh [b Wh][dj_de <W# X_|d 8kijei$
.2ĹŠ ĂŒ-(!.2ĹŠ#-ĹŠ + ĹŠ24 ĹŠÄˆÄ‰
Ă‹ ĹŠ
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä“ĹŠ -ĹŠ#+ĹŠ#23 "(.ĹŠ ĹŠ .!' ĹŠ"#ĹŠ +/ !' ! ĔŊ ĹŠÄĄ ĢŊ2#ĹŠ#-$1#-3¢Ŋ ĹŠ 9 8 ĔŊ#-ĹŠ+ ĹŠ! 3#%.1~ ĹŠ24 ĹŠÄˆÄ‰Ä“ĹŠ +ĹŠ/ 13(".ĹŠ3#1,(Äą -Â˘ĹŠÄŒÄąÄ‡Ä“ĹŠ
(% ĹŠ #/.1Äą 3(5 ĹŠ 11( +ĹŠ "#ĹŠ +/ !' Äą ! ĹŠ#2ĹŠ+ ĹŠĂŒ-(! ĹŠ 04#ĹŠ/1#2#-3 ĹŠ / 13(".2ĹŠ"#ĹŠ $ĂŒ3 .+ĹŠ 11( +ĹŠ #-ĹŠ+ ĹŠ! 3#%.Äą 1~ ĹŠ24 ĹŠÄˆÄ‰ĹŠ8ĹŠ ! ,/#.- 3.ĹŠ 2#-(.1Ä“ ĹŠ ěŊ Bei [gk_fei B:K
"ÄľÄ‰ÄŒÄŒÄ‰ÄˆÄľ (
Æ7Ç" Æ8Ç o Æ9Ç Xh_bbWhed [d bW YWdY^W Z[b [ijWZ_e BW 9e# Y^W Z[ 7bfWY^WYW$ Bei jh[i Z[hhejWhed W iki h_lWb[i Yed Wcfb_ei cWhYWZeh[i$ 7 bWi &/0&&" [b ]hkfe 8 Z[# ceijhÂŒ cWhYWZW Z_\[h[dY_W ]WdWdZe Wb Yed`kdje IWdjW <[ ''#&$ Bei Z[fehj_ijWi Z[b [gk_fe ]WdWZeh Z_i\hkjWhed Wb c|n_ce ik jh_kd\e" c_[d# jhWi [b ejhe Yed`kdje iWb_ÂŒ jh_ij[" f[he Yed bW Yedl_Y# Y_ÂŒd Z[ gk[ bW fhÂŒn_cW i[# cWdW iWbZh|d W ]WdWh$ ;d [b i_]k_[dj[ [dYk[djhe" IWdjW <[ f[hZ_ÂŒ &#* Yed B:K Æ7Ç$ Bei Z[fehj_ijWi `k]Whed i_d _cfehjWhb[i bW b_][hW bbel_pdW gk[ YWoÂŒ Wo[h [d ?XWhhW$ ;d [b j[hY[h fWhj_Ze" B:K lebl_ÂŒ W ]WdWh" [ijW l[p \k[ [b ]hkfe Æ9Ç gk[ Z[hhejÂŒ *#& Wb Yed# `kdje B[icW$ -!4#-31.2ĹŠ#-ĹŠ+ ĹŠ2#-(.1 Bei [ijWZ_ei Z[ bWi Z_\[h[d# j[i b_]Wi Z[fehj_lWi XWhh_W# b[i i[ bb[dWh|d [ij[ Zec_d# ]e$ 9[hYW Z[ '&& fWhj_Zei i[ Z[iWhhebbWd [d ik h[if[Yj_lW `kh_iZ_YY_ÂŒd$ B_]Wi o fh[b_# ]Wi h[Wb_pWd i[cWdWbc[dj[ [b YWcf[edWje [d XkiYW Z[b WiY[die o [l_jWh [b Z[iY[die$ BW \WbjW Z[ [gk_fei ^WY[ gk[ [d ejhWi Ă’ b_Wb[i i[ `k[]W iÂŒbe bW i[h_[ 7$ BW B_]W BW ;if[hWdpW [i kdW Z[ bWi gk[ de j_[d[d i[h_[ 8" f[he bb[lW i_ckbj|d[Wc[dj[ [b jehd[e Z[ \‘jXeb WX_[hje$
Ä Äƒ
#24+3 ".2ĹŠ /.1ĹŠ! 3#%.1( 2
Ä Ä…
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
#11 1.-ĹŠ !.-ĹŠ 1.!'#ĹŠ "#ĹŠ.1. Ä“ĹŠ 2ĹŠ! 3#%.1~ 2ĹŠ"#ĹŠ+.2ĹŠ-(Â .2ĹŠ,;2ĹŠ/#04#Â .2ĹŠ 1(#1.-ĹŠ+ ĹŠ).1- " Ä“ĹŠ 8ĹŠ#+ĹŠ/1.8#!3.ĹŠ"#ĹŠ(-23(34!(.- +(9 1ĹŠ#23 ĹŠ!.,/#3#-!( ĹŠ#+ĹŠ2(%4(#-3#ĹŠ Â .Ä“ĹŠ
.-ĹŠ#+ĹŠ! ,/#.- 3.ĹŠ"#ĹŠ 3+#3(2,.ĹŠ1# +(9 ".ĹŠ 8#1ĹŠ#-ĹŠ 1!404~ĹŠ 2#ĹŠ!#11 1.-ĹŠ+ 2ĹŠ !3(5(" "#2ĹŠ"#/.13(5 2ĹŠ.1% -(9 " 2ĹŠ/.1ĹŠ+ 2ĹŠ ÄƒĹŠ#23 2ĹŠ"#+ĹŠ -3¢-Ä“ ŊěŊBW bbkl_W de Z[jkle W bei
Z[fehj_ijWi gk[ i[ YedY[djhWhed [d [b fWhgk[ Y[djhWb Z[ KhYkgk‡" fWhW fWhj_Y_fWh [d bW Ă’ [ijW Wjbƒ# j_YW$ C|i Z[ '&& Yecf[j_Zeh[i ceijhWhed ik Wceh feh [b Z[# fehj[ Wb fWhj_Y_fWh W f[iWh Z[b cWb j_[cfe o bW bbel_pdW$ Bei c|i f[gk[‹ei1 -#. W‹ei" _d_Y_Whed bW Yecf[j_Y_ÂŒd Yed kd h[Yehh_Ze Z[ +&& c$ JWb Yece
[ijWXW fh[l_ije bW Z_ijWdY_W i[ _dYh[c[djÂŒ Z[ WYk[hZe W bW [ZWZ Z[ bei Yecf[j_Zeh[i$ BW YWj[]e# h‡W /#'& h[Yehh_ÂŒ ,&& c1 ''#'( jkle kd jhWo[Yje Z[ '&&& c$ BW Z_Ă’ YkbjWZ \k[ cWoeh fWhW bei Yecf[j_Zeh[i Z[ ')#'* W‹ei" gk[ jkle kd h[Yehh_Ze Z[ '+&& c$ ;b ZeXb[" [i Z[Y_h )&&& c ^_Y_[hed gk_[d[i j[d‡Wd '+#', W‹ei$ ;b fbWje \k[hj[ \k[ bW fWh#
j_Y_fWY_ÂŒd Z[ bW YWj[]eh‡W '.#'/" gk_[d[i jkl_[hed gk[ ^WY[h kd jhWo[Yje Z[ + a_bÂŒc[jhei$ (2(¢-ĹŠ!4,/+("
BW fh[c_WY_Œd i[ ^_pe Yed [b Wfe# oe Z[b Ckd_Y_f_e Z[ bW beYWb_ZWZ o bW B_]W :[fehj_lW 9WdjedWb$ I[ fh[c_Œ ^WijW [b gk_dje bk]Wh1 bei jh[i fh_c[hei Yed c[ZWbbWi o jhe\[ei" c_[djhWi gk[ YkWhje o
gk_dje h[Y_X_[hed c[ZWbbWi$ ;d bW Yecf[j[dY_W [ijkle AWhbW @WhWc_bbe" gk_[d h[Y_X_Œ kd h[YedeY_c_[dje [if[Y_Wb feh bei be]hei WbYWdpWZei$ Ik [djh[dWZeh =_elWd :[b]W# Ze" jWcX_ƒd \k[ ^ec[dW`[WZe$ Bei eh]Wd_pWZeh[i ceijhWhed ik iWj_i\WYY_Œd feh bW WYe]_ZW" jWdje Z[ fWhj_Y_fWdj[i Yece Z[b f‘Xb_Ye$
3#%.1~ ĹŠ" , 2ĹŠÄ’ÄąÄˆÄ‡ĹŠ  .2ĹŠ ÄˆÄ“ĹŠ #-($#1ĹŠ ."1~%4#9 ĉēŊ '4, ĹŠĹŠ .2#+8ÄŠÄ“ĹŠ 1(%(33#ĹŠ -"(-. 3#%.1~ ĹŠ5 1.-#2ĹŠÄ’ÄąÄˆÄ‡ĹŠ  .2 ÄˆÄ“ĹŠ 4 .9ĹŠ 1 -!#2 ĉēŊ .!'(- ĹŠĹŠĹŠ (3. ÄŠÄ“ĹŠ 1!(-(#% 2ĹŠ ,81 3#%.1~ ĹŠ" , 2ĹŠÄˆÄˆÄąÄˆÄ‰ĹŠ  .2 ÄˆÄ“ĹŠ 1#-#ĹŠ 5 11#3#ĹŠ ĉēŊ +#-" ĹŠ .1#)¢ĊēŊ (, #1+8ĹŠ #5#+. 3#%.1~ ĹŠ5 1.-#2ĹŠÄˆÄˆÄąÄˆÄ‰ĹŠ  .2 ÄˆÄ“ĹŠ 104(-.ĹŠ ,~1#9 ĉēŊ #1#,8ĹŠ 5 11#3# ÄŠÄ“ĹŠ #Ä‚ĹŠ#12.-ĹŠ _1#9 ĹŠ 3#%.1~ ĹŠ" , 2ĹŠÄˆÄŠÄąÄˆÄŒĹŠ  .2 ÄˆÄ“ĹŠ 1.+(- ĹŠ #! ĹŠ ĉēŊ "(3'ĹŠ + !41 ÄŠÄ“ĹŠ (9#3'ĹŠ -% , 1! 3#%.1~ ĹŠ5 1.-#2ĹŠÄˆÄŠÄąÄˆÄŒĹŠ  .2 ÄˆÄ“ĹŠ 1 -!(2!.ĹŠ 4#11#1. ĉēŊ .1%#ĹŠ 4(+! ÄŠÄ“ĹŠ ~!3.1ĹŠ !#+% 3#%.1~ ĹŠ" , 2ĹŠÄˆÄŽÄąÄ?ĹŠ  .2 ÄˆÄ“ĹŠ +(!( ĹŠ 1_5 +. ĉēŊ 1+ ĹŠ 1 ,(++. ÄŠÄ“ĹŠ _22(! ĹŠ + 9 1 3#%.1~ ĹŠ5 1.-#2ĹŠÄˆÄŽÄąÄ?ĹŠ  .2 ÄˆÄ“ĹŠ .-ĹŠ 4#3 3# ĉēŊ "(2.-ĹŠ +5#1"# ÄŠÄ“ĹŠ 3#5#-ĹŠ #ĹŠ ĹŠ 149 1!' ĹŠ" , 2ĹŠÄˆÄ‡ÄąÄˆÄ‰ĹŠ  .2 ÄˆÄ“ĹŠ #5#+.ĹŠ (, #1+8 ĉēŊ ."1~%4#9ĹŠ #--($#1 ÄŠÄ“ĹŠ '4 204(ĹŠ #8#+( 1!' ĹŠ5 1.-#2ĹŠÄˆÄ‡ÄąÄˆÄ‰ĹŠ  .2 ÄˆÄ“ĹŠ 1(!*ĹŠ (,_-#9 ĉēŊ #Ä‚ĹŠ#12.-ĹŠ _1#9 ÄŠÄ“ĹŠ (!' #+ĹŠ -"1 "# 3#%.1~ ĹŠ5 1.-#2ĹŠÄˆÄŽÄąÄ?ĹŠ  .2 ÄˆÄ“ĹŠ 1+ ĹŠ 1 ,(++. ĉēŊ ,#+ ĹŠ 1 ,(++. ÄŠÄ“ĹŠ (9#3'ĹŠ -% , 1!
1!'(ĹŠ ÄˆÄ‰ĹŠ ĹŠ-(5#+ĹŠ - !(.- + ĹŠ
¥ ēŊ .2Ŋ"(1#!3(5.2Ŋ"#Ŋ+ Ŋ #"#1 !(¢-Ŋ #/.13(5 Ŋ"#+Ŋ 1!'(Ŋ/1#2#-Ĺ 3 1.-Ŋ+.2Ŋ(-$.1,#2Ŋ ",(-(231 3(5.ĔŊ3_!-(!.Ŋ8Ŋ#!.-¢,(!.Ŋ"#Ŋ+ Ŋ(-23(34!(¢-ē
.13 +#!#1ĹŠ #+ĹŠ"#/.13# 2ĹŠ+ ĹŠ!.-2(%- ĹŠ"#ĹŠ+ ĹŠ #"#! 1Äą !'(ĹŠ/ 1 ĹŠ#23#ĹŠ  .ĔŊ ĹŠ/#2 1ĹŠ"#ĹŠ + 2ĹŠ+(,(3 !(.-#2ĹŠ#!.-¢,(! 2Ä“ : ĹŠÄ› Bei Z_h[Yj_lei Z[ bW <[# Z[hWY_ÂŒd :[fehj_lW Z[b 9WhY^_ fh[i[djWhed bei _d\ehc[i Z[ fh[# i_Z[dY_W" jƒYd_Ye o Ă’ dWdY_[he$ Be ^_Y_[hed [b cWhj[i Z[ bW i[cWdW fWiWZW [d [b iWbÂŒd WkZ_jeh_e Z[ bW _dij_jkY_ÂŒd$ >WXbWhed Z[ bWi WYj_l_ZWZ[i Ykcfb_ZWi [d bei YkWjhe c[i[i Z[ ][ij_ÂŒd [d be h[bWY_edWZe W fWhj_Y_fWY_ed[i" ][ij_ed[i Wdj[ bWi Wkjeh_ZWZ[i dWY_edWb[i o i[Y# Y_edWb[i" Wi‡ Yece fh[i[djWY_ÂŒd Z[ fheo[Yjei$ ;b Z_h[Yjeh Z[b :[fWhjWc[dje JƒYd_Ye C[jeZebÂŒ]_Ye" 9Whbei 8ebW‹ei" Z[jWbbÂŒ bei h[ikbjWZei eXj[d_Zei feh bW fhel_dY_W jWdje [d [b fW‡i Yece [d [b [nj[h_eh$ :[ijWYÂŒ W bei YWcf[ed[i fW# dWc[h_YWde o ikZWc[h_YWdWi" [b fWj_dWZeh @eh][ Ăˆ@ejWÉ 8ebW‹ei" bW f[i_ijW CWh_b_d Z[ bW 9hkp o bW Wjb[jW 9Wheb_dW =kWY^e$ JWcX_ƒd ^WXbÂŒ Z[b Yedl[d_e Yed [b C_d_ij[h_e Z[b :[feh# j[ fWhW [b fhe]hWcW Ăˆ;YkWZeh 7Yj‡lWj[ o L_l[ IWdeÉ o bW fh[# i[djWY_ÂŒd Z[b fheo[Yje Z[b FbWd ;YkWZeh o [b \ehjWb[Y_c_[dje Z[ bei YWdjed[i \hedj[h_pei$ 7Z[c|i i[ f_Z_ÂŒ Wb C_d_i# j[h_e Z[b :[fehj[ o ]eX_[hdei i[YY_edWb[i [b Wfeoe W Z[fehj_i# jWi Z[ ƒb_j[" Yece Ăˆ@ejWÉ 8ebW‹ei" @kWd 9W_Y[Ze" 7b[`WdZhe 9^Wb| o ejhei Z[ijWYWZei Z[fehj_ijWi Z[ bW fhel_dY_W o Z[b fW‡i$ ;b Wk# c[dje Z[ fh[ikfk[ije jWcfeYe i[ Z[`ÂŒ Z[ bWZe$
#3(!(.-#2ĹŠ "(1(%#-!( +#2 Ĺ—ĹŠĹŠ
.2Ŋ/1#2("#-3#2Ŋ"#Ŋ+ 2Ŋ+(% 2Ŋ "#/.13(5 2Ŋ! -3.- +#2Ŋ'(!(#1.-Ŋ +%4- 2Ŋ/4-34 +(9 !(.-#2Ŋ 2. 1#Ŋ+ 2Ŋ-#!#2(" "#2Ŋ"#Ŋ! " Ŋ )41(2"(!!(¢-ē -2(23(#1.-Ŋ#-Ŋ1#3., 1Ŋ+ 2Ŋ +(,/( " 2Ŋ -3#1! -3.- +#2Ŋ 8Ŋ2. 1#Ŋ3.".Ŋ04#Ŋ' 8 Ŋ4- Ŋ , 8.1Ŋ!..1"(- !(¢-Ŋ/ 1 Ŋ#23 Ĺ +#!#1Ŋ/.+~3(! 2Ŋ!.-)4-3 2Ŋ04#Ŋ /#1,(3 -Ŋ#+Ŋ"#2 11.++.Ŋ(-3#%1 +Ŋ "#+Ŋ"#/.13#Ŋ/1.5(-!( +ē
#2314!341 !(¢-
;d bW i[i_ÂŒd i[ ^WXbÂŒ Z[ kd fbWd Z[ h[[ijhkYjkhWY_ÂŒd WZc_d_ijhWj_lW" jƒYd_YW o Ă’ # dWdY_[hW W Wfb_YWhi[ Z[iZ[ [ij[ W‹e W Z_Y_[cXh[ Z[b (&'* o gk[ XkiYW Z[iWhhebbWh kdW fbWd_Ă’ YWY_ÂŒd [ijhWjƒ]_YW [d XWi[ W bWi d[Y[i_ZWZ[i Z[ bW _dij_jkY_ÂŒd o fWhj_YkbWhc[d# j[ Z[ bei Z[fehj_ijWi Yece [`[ Z[ jeZW bW WYj_l_ZWZ eh]Wd_pW# Y_edWb$ ;b _d\ehc[ Z[ ][ij_ÂŒd i[ h[Ă’ h_ÂŒ W bWi |h[Wi Z[ ][i# j_ÂŒd" [i Z[Y_h WZc_d_ijhW# j_lW" \_dWdY_[hW" i_ij[cWi" WYk[hZei o Yeef[hWY_ÂŒd$ ;d [b \_dWdY_[he i[ Z[jWbbÂŒ [b [ijWZe Z[ Yk[djWi WYjkWb$ I[ [ijWXb[Y_ÂŒ kd ZÂƒĂ’ Y_j Z[ /' c_b .,, ZÂŒbWh[i$
: ĹŠÄ› I[]‘d bW h[l_ijW I[c_bb[# he Z[ bW <[Z[hWY_ÂŒd DWY_edWb Z[ B_]Wi :[fehj_lWi o FWhhegk_Wb[i Z[b ;YkWZeh <[Z[dWb_]Wi 9Wh# Y^_ i[ kX_YÂŒ [d [b YWi_bb[he '( Z[b YkWZhe Z[ fkdjW`[ ][d[hWb [d [b W‹e (&''" Z[ [djh[ '. fhel_dY_Wi$ IkcÂŒ )) fkdjei$ ;d bWi Z_iY_fb_dWi gk[ c|i fkdjW`[ jkle \k[ [d bei YWc# f[edWjei Z[ Wjb[j_ice ikX '' . " X|igk[j \[c[d_de . " \‘jXeb iWbW cWiYkb_de - o j[d_i Z[ c[iW + $
Ä Ä†
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ÂĄ Ä“ĹŠ +ĹŠ"#/.13#ĹŠ 11( +ĹŠ! 1!'#-2#ĹŠ. 345.ĹŠ#+ĹŠ/4#23.ĹŠÄˆÄ‰ĹŠ ĹŠ-(5#+ĹŠ- !(.- +Ä“
;d W`[Zh[p ikX ''" X|igk[j cWi# Ykb_de" \kjiWb ikX '( cWiYkb_de" \‘jXeb cWij[h o \‘jXeb i[d_eh" Wf[dWi eXjkle kd fkdje [d YWZW Z[fehj[$
7dj[i Z[ 9WhY^_ [ij|d F_Y^_d# Y^W" 9^_cXehWpe" =kWoWi" ;b Ehe" 7pkWo" CWdWX‡" ?cXWXkhW" ;ic[hWbZWi" DWfe" Jkd]khW^kW o Be`W$
Ĺ? Ĺ?
Ĺ?
/(.)-Ĺ‹ Ĺ‹0#-. Ĺ‹-) , Ĺ‹ (/ 0 Ĺ‹ 3Ĺ‹ Ĺ‹ ,)(. ,
7
Ä Ä‡
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
-ĹŠ5 1( 2ĹŠ 43.1(" "#2ĹŠ' 8ĹŠ(-!.-$.1,(" "ĹŠ /.1ĹŠ+ ĹŠ #8Ä“ĹŠ ("#-ĹŠ/4-34 +(9 1ĹŠ+ 2ĹŠ5#-3 ) 2ĹŠ 04#ĹŠ31 -"1;-ĹŠ+.2ĹŠ! -3.-#2ĹŠ$1.-3#1(9.2Ä“
ÄŽÄŽĹŠ
ĹŠ ĹŠ"#ĹŠ$1.-3#1 ĹŠ 2#1;-ĹŠ #-#$(!( ".2Ä“ĹŠ
ÄˆÄ‡ĹŠ
ĹŠ ĹŠ$1.-3#1(9 2ĹŠ' 8ĹŠ #-ĹŠ#+ĹŠ !4 ".1Ä“
Ä“ĹŠ 43.1(" "#2ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĹŠ"#+ĹŠ 1!'(ĹŠ/("#-ĹŠ,;2ĹŠ/1#!(2(¢-ĹŠ#-ĹŠ+ ĹŠ #8ĹŠ 1%;-(! ĹŠ"#ĹŠ #2 11.++.ĹŠ 1.-3#1(9.ĹŠ2. 1#ĹŠ+.2ĹŠ #-#ÄƒĹŠ!(.2ĹŠ04#ĹŠ2#ĹŠ3#-"1;Ä“ĹŠ
de [ijeo jejWbc[dj[ Yed\ehc[ Yed [b jh|c_j[ gk[ i[ Z_e Wb fhe# o[Yje" fehgk[ ^WijW [b ‘bj_ce cec[dje _di_ij‡ [d bW d[Y[i_ZWZ Z[ _dYehfehWh jh[i Whj‡Ykbei gk[ ^kX_[hWd c[`ehWZe W‘d c|i bW : ŊěŊ ;b fWiWZe cWhj[i )' Z[ gk[ [ijW b[o \kdY_ed[" Whj‡Ykbei dk[lW B[o o X[d[Ă’ Y_Wh‡Wd W je# [d[he" [d [b Fb[de Z[ bW 7iWc# gk[ i[ [djh[]Whed W bW 9ec_i_ÂŒd Zei bei YWhY^[di[iÇ$ ;djh[ [bbei [ij|d1 _dY[dj_lei Xb[W DWY_edWb" i[ WfheXÂŒ bW B[o [dYWh]WZW Z[ [ijW b[o$ 7 Z[Y_h Z[ >[hh[hW" de i[ jh_XkjWh_ei fWhW bWi WYj_l_ZW# Eh]|d_YW Z[ :[iWhhebbe <hedj[# h_pe" gk[ W Z[Y_h Z[ lWh_Wi Wkjeh_# [if[Y_\_YW d_ ^Wo dWZW YedYh[# Z[i Yec[hY_Wb[i o fheZkYj_lWi1 ZWZ[i Z[ bW fhel_dY_W [ij| fbW]W# je Z[ bei X[d[\_Y_ei gk[ j[d# o" kdW dehcWj_lW `kh‡Z_YW gk[ ZW Z[ Xk[dWi _dj[dY_ed[i o de i[ Zh|d bei YWdjed[i \hedj[h_pei" f[hc_jW ef[hWh i_d Z_Ă’ YkbjWZ[i i_ ^Wo h[Ykhiei [YedÂŒc_Yei o W bei fheo[Yjei X_dWY_edWb[i" c_hW X[d[Ă’ Y_ei YedYh[jei$ YkWb[i i[h|d bei Yece [b Fheo[Yje Z[ cW# ?dYbkie [b fhef_e <[h# cedjei" ckY^e ĹŠ d[`e Z[ Z[i[Y^ei iÂŒb_Zei dWdZe 9ehZ[he" fh[i_# c[dei Z[ [ned[# gk[ bb[lWd WZ[bWdj[ bei Z[dj[ Z[ bW 7iWcXb[W ĹŠ hWY_ed[i fWhW gk[ ckd_Y_f_ei Z[ JkbY|d [ h[YedeY_ÂŒ [ijWi Wi[l[hW# i[ Zƒ _dl[hi_ÂŒd [n# -ĹŠ#+ĹŠ 13~!4+.ĹŠ ?f_Wb[i" [d\Wj_pÂŒ LWYW$ Y_ed[i o cWd_\[ijÂŒ gk[ ĹŠ/ 13(1ĹŠ"#ĹŠ+ ĹŠ Ä‰ÄŒÄ’ĹŠ"#ĹŠ+ ĹŠ FWhW 9Whbei L[bWiYe" i[h| bW eXb_]WY_ÂŒd Z[ bWi /1. !(¢-ĹŠ"#ĹŠ+ ĹŠ jhWd`[hW o i[ fk[# .-23(34!(¢-ĹŠ"#ĹŠ + ĹŠ #/ĂŒ +(! ĹŠ2#ĹŠ WiWcXb[‡ijW Z[b 9WhY^_ ZW Yh[Wh \k[dj[i Wkjeh_ZWZ[i Z[ bW \hedj[# #8ĹŠ 1%;-(! ĹŠ"#ĹŠ #2 11.++.ĹŠ (-"(! ĹŠ04#ĹŠ+.2ĹŠ Z[ [cfb[e$ hW c[`ehWhbW fWhW gk[ [b 1.-3#1(9.ĔŊ#+ĹŠ ! -3.-#2ĹŠ04#ĹŠ2#ĹŠ o fhefed[dj[ Z[ bW b[o" )#!43(5.ĹŠ3(#-#ĹŠ 9WX[ i[‹WbWh #-!4#-31#-ĹŠ"#-Äą fh[i_Z[dj[ Z[b ;YkWZeh" ĊćŊ"~ 2ĹŠ/ 1 ĹŠ $(1Äą 31.ĹŠ"#ĹŠ4- ĹŠ$1 -) ĹŠ [ijW i[h| bW ^[hhWc_[djW HW\W[b 9ehh[W" de h[Wb_Y[ , 1+ ĹŠ.ĹŠ5#3 1+ Ä“ gk[ Wb de feZ[h "#ĹŠ!4 1#-3 ĹŠ*(+¢Ĺ fWhW ZWh kdW Wj[dY_ÂŒd [n_ij_h fh[Wi_]dW# ,#31.2ĔŊ2#1;-ĹŠ+.2ĹŠ fh[\[h[dY_Wb W bei YWdje# kd l[je jejWb$ FWbWXhWi #-#$(!( ".2Ä“ Y_ed[i i[ ieb_Y_jÂŒ d[i \hedj[h_pei o Z[Ă’ d_h gk[ bWi Z_`e W jhWlƒi Z[ feb‡j_YWi f‘Xb_YWi fWhW [b kdW l_Z[eYed\[h[dY_W [b l_[hd[i gk[ [d [b fh[ikfk[ije fWiWZe [d bW 9WiW B[]_ibWj_lW Z[ ][d[hWb Z[b ;ijWZe i[ j_[d[ Z[iWhhebbe [d [ZkYWY_ÂŒd" iWbkZ" gk[ ZWh fh[\[h[dY_W W bW pedW jkh_ice" [djh[ ejhei j[cWi$ JkbY|d$ =k_bb[hce >[hh[hW" l_Y[fh[# Z[ \hedj[hW o i[ bW Z[X[ WdWb_# 7Z[c|i f[hc_j[ c[Z_Wdj[ kd \[Yje Z[b 9WhY^_ i[‹WbÂŒ gk[ i[ pWh YWZW W‹e [d bW 7iWcXb[W cWd[`e ieij[d_Ze jhWi\ehcWh W h[Ye]_[hed iÂŒbe fWhj[ Z[ bei f[# DWY_edWb$ ÆFeh [ij[ cej_le [ijWi pedWi Z[b fW‡i [d \ehjWb[# Z_Zei gk[ i[ [djh[]ÂŒ bk[]e Z[ f_[die gk[ [i kdW b[o cko pWi fheZkYj_lWi" [dbWpWZWi Wb h[kd_ed[i Yed bWi fh[\[YjkhWi j_X_W bW YkWb i[ bW Z[X[ c[`e# fW‡i o iki \hedj[hWi 9ebecX_W #F[h‘ $ Z[ ;ic[hWbZW o IkYkcX‡ei fWhW hWhÆ" W\_hcÂŒ [b L_Y[fh[\[Yje$ ?dZ_YÂŒ gk[ bW [ned[hWY_ÂŒd Z[ _cfk[ijei e jh_Xkjei iWb[ Z[ bWi 31 2ĹŠ. 2#15 !(.-#2ĹŠ Feh ik fWhj[ ;Zm_d LWYW" cWdei Z[ bW 7iWcXb[W Wb]e gk[ b[]_ibWZeh YWhY^[di[ gk[ jWcX_ƒd Z_e W YedeY[h <[hdWd# lejÂŒ W \Wleh Z[ bW b[o" bWc[d# Ze 9ehZ[he" o gk[ W^ehW [ij| jÂŒ gk[ de ^WoWd i_Ze WYe]_# [d cWdei Z[b Fh[i_Z[dj[ Z[b ZWi jeZWi iki eXi[hlWY_e# ;YkWZeh WfheXWhbW [d ik jejW# d[i" ÆbW b[o j_[d[ Wif[Yjei b_ZWZ" fWhY_Wbc[dj[ e l[jWhbW _cfehjWdj[i" i_d [cXWh]e [d ik jejWb_ZWZ$
,'#(šŋ * #. #š(ŋ ŋ* ,0/& ,# -ŋ &ŋ ( ŋ : ŊěŊ ;b C_d_ij[h_e Z[ ?d#
Ybki_Œd ;YedŒc_YW o IeY_Wb " W jhWlƒi Z[b ?dij_jkje Z[ bW d_# ‹[p o bW <Wc_b_W " C_[i # ?d\W" XkiYW c[`ehWh bW YWb_ZWZ Z[ Wj[dY_Œd [d bei Y[djhei _d# \Wdj_b[i Z[b 8k[d L_l_h [d bW fhel_dY_W$ Feh [ijW hWpŒd" Zk# hWdj[ jh[i Z‡Wi" (& fhe\[i_e# dWb[i fWhlkbWh_Wi i[ YWfWY_# jWd [d kd jWbb[h Z[ _dZkYY_Œd Yed jƒYd_Yei Z[b C_[i # ?d\W 9WhY^_" Wdj[i Z[ _dYehfehWhi[ W bWXehWh W YWZW 9?8L$ BWi fhe\[i_edWb[i" dk[lWi YeehZ_dWZehWi fWhlkbWh_Wi Z[ bei 9?8LI" fWhj_Y_fWd Z[ kd jWbb[h Z[ _dZkYY_Œd" gk[ _d_Y_Œ [b `k[l[i ( Z[ \[Xh[he o i[ [nj[dZ_Œ ^WijW Wo[h" [d [b >ej[b Jehh[i Z[ Ehe Z[ bW Y_kZWZ Z[ JkbY|d1 bW YWfW# Y_jWY_Œd [ij| Z_h_]_ZW W bW fheceY_Œd Z[b Z[iWhhebbe ?d\Wdj_b _dj[]hWb gk[ XkiYW \ehjWb[Y[h bWi YWfWY_ZWZ[i f[hiedWb[i" Wi‡ Yece Yeb[Y#
j_lWi WĂ’ WdpWZWi i_[cfh[ [d bWi feb‡j_YWi Z[b FbWd DWY_e# dWb Z[b 8k[d L_l_h$ Æ;ijWcei cej_lWZWi o jhW# XW`Wcei Yed [djki_Wice [d bei h[jei gk[ i[ dei fed[d [d [b jWbb[h" kde Z[ bei fh_dY_fW# b[i ƒn_jei gk[ j[d[cei [i [b jhWXW`e [d ]hkfe" bW YebWXehW# Y_ÂŒd o YeehZ_dWY_ÂŒdÇ [nfh[# iÂŒ ?h[d[ Hei[he" gk_[d Z[i[W _dYehfehWhi[ Yece 9eehZ_# dWZehW FWhlkbWh_W Z[b 9?8L 8khXk`_jWi Z[ 9h_ijWb Z[b 9Wd# jÂŒd ;if[`e" [d [b i[Yjeh Z[b ;b 9^WXWo|d$ BWi jƒYd_YWi Z[b C_[i # ?d\W [nfb_YWhed gk[ bW c[jeZebe]‡W Z[b jWbb[h [i [nf[h_[dY_Wb o i[ XWiW [d [b Wfh[dZ_pW`[ Y[d# jhWZe [d bW l_l[dY_W" [i Z[Y_h gk[ be gk[ i[ l_l[ i[ Wfh[dZ[" i[ c[`ehW bW _dj[]hWY_ÂŒd Z[ bW j[eh‡W o bW fh|Yj_YW" [b Wfh[d# Z_pW`[ o jhWXW`e [d ]hkfei" o [b YWcX_e Z[b Æ^WY[hÇ o bW WYj_jkZ \h[dj[ W bWi Y_hYkdijWdY_Wi$
ŏĀĆŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
āĈ
Ĺ? Ĺ?
Ĺ?
Ä Ä‰
Ĺ? ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ĺ? +. Ĺ? ÄĄ
ŋ ./šŋ ),)ŋŋ-) , ŋ &)3ŋ & ,)ŋ Ŋ Ŋě ;b fWiWZe l_[h#
d[i" i[ [\[YjkÂŒ kd Yed# l[hiWjeh_e ieXh[ bW l_ZW o ck[hj[ Z[b [n fh[i_Z[dj[ Z[ bW H[f‘Xb_YW Z[b ;YkW# Zeh" ;beo 7b\Whe [d bW YWiW cki[e Z[ IWd =WXh_[b Yed bW fh[i[dY_W Z[ '+& [ijkZ_Wd# j[i o ZeY[dj[i$ ;ijkl_[hed fh[i[dj[i Z_# l[hiei Y[djhei [ZkYWj_lei" [djh[ [bbei0 ?dij_jkje 8eb‡# lWh" Yeb[]_e @eiƒ @kb_|d 7d# ZhWZ[" ?dij_jkje F[ZW]ÂŒ]_Ye Æ9_kZWZ Z[ IWd =WXh_[bÇ" Yeb[]_e ;beo 7b\Whe" CWh_e E‹W F[hZece" F‡e N?? o @eh# ][ CWhj‡d[p 7YeijW$ I[]‘d :_[]e Oƒf[p" WY# j_l_ijW YkbjkhWb" _dZ_YÂŒ gk[ [ij[ [l[dje \k[ eh]Wd_pWZe feh [b C_d_ij[h_e Z[ 9kbjkhW" 9WiW Cki[e o ckd_Y_f_e Z[ Cedj‘\Wh$ ÆI[ Z_e W YedeY[h ieXh[ ;beo 7b\Whe o ik Wfeh# j[ Wb Z[iWhhebbe Z[b ;YkW# ZehÇ$ Bei c_icei ZeY[dj[i o [ijkZ_Wdj[i fh[fWhWhed o [nfki_[hed [b j[cW$
& (Ĺ‹* , Ĺ‹ &Ĺ‹ - ,,)&&)Ĺ‹ Ĺ‹Ĺ‹ & Ĺ‹! ( ,v Ĺ‹ Ĺ‹, -/&. )-Ĺ‹ #ĹŠ!.,/1. ¢Ŋ04#ĹŠ +.2ĹŠ %1(!4+3.1#2ĹŠ 3(#-#-ĹŠ/.! ĹŠ24Äą /#1ÄƒĹŠ!(#ĹŠ"#ĹŠ3(#11 ĹŠ / 1 ĹŠ+ ĹŠ% - "#1~ Ä“
ĹŠ ĹŠÄ› ;b Fhe]hWcW DWY_e#
dWb Z[ =WdWZ[h‡W FHED7=7 o bW Kd_ZWZ JƒYd_YW 9WhY^_ Z[b ?dij_# jkje DWY_edWb Z[ ?dl[ij_]WY_ed[i 7]hef[YkWh_Wi ?D?7F1 W jhWlƒi Z[b fheo[Yje0 ÆC[`ehWc_[dje Z[ bW fheZkYj_l_ZWZ Z[ bei i_ij[cWi Z[ fheZkYY_ÂŒd Z[ b[Y^[ o YWhd[ Xel_dW [d |h[Wi Yh‡j_YWi Z[ bW YeijW" i_[hhW o WcWped‡W [YkWje# h_WdWÇ1 fh[i[djWd bei fh_c[hei h[ikbjWZei WbYWdpWZei [d 9WhY^_ [d [b W‹e (&''$ :[djhe Z[b fheY[ie" i[ Yec# fheXÂŒ gk[ [djh[ Wb]kdei fheXb[# cWi fh_dY_fWb[i gk[ WjhWl_[iW bW ]WdWZ[h‡W [i bW XW`W fheZkY# j_l_ZWZ Z[ b[Y^[" l_dYkbWZW Yed bW [iYWiW ikf[hĂ’ Y_[ Z[ j_[hhW gk[ Z_ifed[d bei W]h_Ykbjeh[i o bei jhWZ_Y_edWb[i i_ij[cWi Z[ fhe# ZkYY_ÂŒd$ ;ijei \WYjeh[i ^WY[d gk[ i[ eXijWYkb_Y[ bW ][d[hWY_ÂŒd Z[ _d# ]h[iei [YedÂŒc_Yei" eXb_]WdZe
.-!+42(.-#2ĹŠ 8ĹŠ24%#1#-!( 2ĹŠĹŠ ĹŠ .2ĹŠ -;+(2(2ĹŠ"#ĹŠ24#+.2ĹŠ1#/.13 1.-ĹŠ Ĺ—04#ĹŠ3." 2ĹŠ+ 2ĹŠ3(#11 2ĹŠ2.-ĹŠ+(%#1 ,#-3#ĹŠ ;!(" 2ĹŠ.ĹŠ3.3 +,#-3#ĹŠ;!(" 2Ä“ĹŠ 2ĹŠ/ 1Äą !#+ 2ĹŠ"#,.231 3(5 2ĹŠ$4#1.-ĹŠ(,/+#Äą ,#-3 " 2ĹŠ"#ĹŠ, -#1 ĹŠ/ 13(!(/ 3(5 ĹŠ #-ĹŠ+.2ĹŠ/1#"(.2ĹŠ"#ĹŠ+.2ĹŠ/1."4!3.1#2Ä“ĹŠ
2ĹŠ2#,(++ 2ĹŠ43(+(9 " 2ĹŠ$4#1.-ĹŠ5( +#2ĹŠ !.-2(%4(#-".ĹŠ4-ĹŠ/1.,#"(.ĹŠ"#ĹŠ Ä‘Ä‡Ä”Ä‘ÄŽĹ˜ĹŠ"#ĹŠ%#1,(- !(¢-Ä“ĹŠ .-ĹŠ+ ĹŠÄƒĹŠ- +(" "ĹŠ"#ĹŠ#5(3 1ĹŠ#+ĹŠ 3 04#ĹŠ"#ĹŠ, +#9 2ĹŠ#-ĹŠ+ ĹŠ/ 2341 ĔŊ2#ĹŠ 1#!.,(#-" ĹŠ/1#/ 1 1ĹŠ (#-ĹŠ#+ĹŠ24#+.ĹŠ !.-ĹŠ -3(!(/ !(¢-Ä“ĹŠ 3(+(9 1ĹŠ#2/#!(#2ĹŠ 8ĹŠ5 1(#" "#2ĹŠ "#!4 " 2ĹŠ/ 1 ĹŠ! " ĹŠ 9.- ĔŊ!.-ĹŠ242ĹŠ1#2/#!3(5 2ĹŠ"#-2(Äą " "#2ĹŠ"#ĹŠ2(#, 1 Ä“ĹŠ
W bei YWcf[i_dei W iWb_h W ejhWi pedWi o ^WijW \k[hW Z[b fW‡i" \eh# cWdZe fWhj[ Z[ bWi Ă’ bWi Z[b ik# X[cfb[e o bW Z[ieYkfWY_ÂŒd$ !3(5(" "#2ĹŠ"#+ĹŠ/1.8#!3.
;ij[ fheo[Yje gk[ \k[ _cfb[c[d# jWZe [d bW fhel_dY_W Z[b 9WhY^_ i[ h[Wb_pŒ c[Z_Wdj[ bei i_]k_[d# j[i fWiei$ Feh Z[Y_i_Œd Z[ +* fheZkYje# h[i" i[ Yed\ehcŒ ) ]hkfei Z[ f[# gk[‹ei o c[Z_Wdei ]WdWZ[hei
Ä“ĹŠ #ĹŠ!4#-3 ĹŠ!.-ĹŠ+.2ĹŠ/1(,#1.2ĹŠ1#24+3 ".2ĹŠ"#+ĹŠ/1.8#!3.ĹŠ"#ĹŠ% - "#1~ Ä“
[d pedWi kX_YWZWi Z[iZ[ bei ( .(( W ) )-( c[jhei ieXh[ [b d_l[b Z[b cWh$ FWhW Wgk[bbe" i[ i[b[YY_edŒ W bWi beYWb_ZWZ[i0 BW B_X[hjWZ Z[b YWd# jŒd ;if[`e" =kWdWd]k_Y^e Ikh Z[b YWdjŒd >kWYW o F_p|d [d Cedj‘# \Wh ZedZ[ i[ _cfb[c[djŒ kd `Wh# Z‡d \ehhW`[he Z[ '+ [if[Y_[i [djh[ b[]kc_deiWi o ]hWc‡d[Wi$ 7i‡ Yece ) fWhY[bWi Z[ceijhWj_lWi Z[ c[pYbWi \ehhW`[hWi o kd [nf[# h_c[dje fWhW h[]kbWh bW WY_Z[p Z[b ik[be Yed Wfb_YWY_Œd Z[ YWb$ I[ YWfWY_jŒ W '+) ^ecXh[i o +) ck`[h[i$ I[ _cfb[c[djŒ c[pYbW \ehhW`[hW Yecfk[ijW Z[ ho[ ]hWii WdkWb" f[h[dd[" fWije Wpkb" jhƒ# Xeb XbWdYe o he`e" WYefbWZW Yed kd Xk[d cWd[`e Yece0 fWijeh[e
efehjkde" Yehj[i Z[ _]kWbWY_Œd" Z_if[hi_Œd Z[ ^[Y[i o \[hj_b_pW# Y_Œd$ I[ eXjkle _dYh[c[djei Z[ '/' ^WijW ),* ZŒbWh[i feh fWije# h[e o ^[Yj|h[W$ 9Whbei I[l_bbWde Cedj[hei jƒYd_Ye Z[b ?D?7F [d 9WhY^_" [nfb_YŒ gk[ [djh[ bei fh_dY_fW# b[i eX`[j_lei Z[ [ij[ fheo[Yje [i bW ?cfb[c[djWY_Œd Z[ Wbj[hdW# j_lWi j[YdebŒ]_YWi gk[ c[`eh[d bei ‡dZ_Y[i fheZkYj_lei Z[ bei i_ij[cWi Z[ fheZkYY_Œd Xel_dW Z[ b[Y^[ o YWhd[$ 7i‡ c_ice" Z[iWhhebbWh YW# fWY_ZWZ[i o ^WX_b_ZWZ[i _d# Z_l_ZkWb[i o Yeb[Yj_lWi Z[b i[Yjeh fheZkYj_le W jhWlƒi Z[ c[jeZebe]‡Wi fWhj_Y_fWj_lWi Z[ YWfWY_jWY_Œd$
B7 7IE9?79?âD 97C?D7D:E FEH KD <KJKHE C;@EH" O B7 B?9:7$ C7=7B? HECE FH;I?:;DJ7 :; B7 9EC?I?âD :; I;9JEH;I LKBD;H78B;I :;B =E8?;HDE 7KJâDECE :;I9;DJH7B?P7:E F7HHEGK?7B HKH7B :; @KB?E 7D:H7:;$
Profundamente consternados por el fallecimiento   de quien en vida fue seùor:
SIGIFREDO IBARRA ENR�QUEZ Expresan su mås sentida nota de pesar y solidaridad a su  distinguida familia, por tan irreparable pÊrdida,  de manera especial a su seùora Esposa Marina Sarmiento;  y a sus hijos, Orlando, Sandro, Diego, y Juan Ibarra Sarmiento,  apreciados amigos de nuestra Institución. Atentamente, Sra. Rosa Castro  PRESIDENTA Amanda Revelo Tesorera
Viky  Mora SECRETARIA
Licda. Magali Romo  PRESIDENTA DE LA COMISIÓN DE SECTORES  VULNERABLES DEL  GADPR. JULIO ANDRADE Lp/12055/At
)' . ŋ &ŋ( , ).,6ðŋ ) -ŊŊ 1( .Ŋ2#Ŋ "#!.,(2¢Ŋ"1.% Ŋ 04#Ŋ+4#%.Ŋ"#Ŋ2#1ŊŊ /1.!#2 " Ŋ2#1~ Ŋ #-5( " Ŋ +Ŋ !4 ".1ē
ŊěŊBW Feb_Y‡W
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä ÄŠ
/#1 3(5.2ĹŠ"#ĹŠ!.-31.+ĹŠ
ŗŊ ŊŊ : ŊěŊBW ?dj[dZ[dY_W `kdje W bW Feb_Y‡W DWY_edWb
[if[Y_Wb_pWZW [d D_‹ei o 7Ze# b[iY[dj[i" h[Wb_pWd ef[hWj_lei [d beYWb[i ZedZ[ ^Wo `k[]ei [b[YjhŒd_Yei$ ;d lWh_ei Z[ beYWb[i i[ [dYed# jhŒ W c[deh[i Z[ [ZWZ gk[ [ijWXWd `k]WdZe [d ^ehWh_e Z[ YbWi[i" feh [ij[ cej_le i[ bei h[jkle fWhW ZWh W YedeY[h ieXh[ [b ikY[iei W iki fWZh[i$ I[ iWdY_Œd W bei fhef_[jWh_ei Z[ [ijei beYWb[i$
ĹŠĹŠĹŠĹŠ ĹŠĹŠ
Z[ ?f_Wb[i Wi[ijÂŒ kd dk[le ]ebf[ Wb dWhYejh|\_Ye 8#1ĹŠ+ ĹŠ .+(!~ ĹŠ !(.- +ĹŠ8ĹŠ#+ĹŠ _ dj [ h d WY _ e d W b $ )_1!(3.ĹŠ"#ĹŠ ;b fWiWZe `k[l[i !4 ".1ĹŠ1# +Äą (9 1.-ĹŠ!.-31.+#2ĹŠ YkWdZe i[ [\[Y# #-ĹŠ+ 2ĹŠ! 11#3#1 2ĹŠ 04#ĹŠ!.-#!3 -ĹŠ ĹŠ jkWXW Yedjheb[i /( +#2ĹŠ!.-ĹŠ#+ĹŠ$(-ĹŠ [d bW l‡W JkcWYe "#ĹŠ.$1#!#1ĹŠ,;2ĹŠ 2#%41(" "Ä“ Ă„ ?f_Wb[i i[ Z[jk# le W kdW YWc_e# d[jW IiWd]oed] Z[ fbWYWi 7KL Ă„ (.*" gk[ Wb c_hWh bW h[l_i_ÂŒd _dj[djÂŒ ZWhi[ W bW \k]W$ 7b eXi[hlWh [ijW WYY_ÂŒd" bei W][dj[i Z[ Wdj_dWhYÂŒj_Yei Z[j_[# d[d Wb Wkjecejeh eYkfWZe feh Zei c[deh[i Z[ [ZWZ" :Whm_d G$" o B_b_WdW :$" W bW WbjkhW Z[ bW l[h[ZW Z[b 9ec‘d [d [b ckd_Y_# f_e Z[ =kWY^kYWb$ Bei ][dZWhc[i f_Z_[hed W bei eYkfWdj[i ^WY[h kdW h[gk_# iW Z[b l[^‡Ykbe" fWhW [bbe kd YWd _dif[YY_edÂŒ [b Wkjecejeh o Z_e fei_j_le [d jhWdifehj[ Z[ WbYW# be_Z[$ Bk[]e Z[ h[l_iWh c_dkY_eiW# c[dj[ [dYedjhWhed [d [b Xec# f[h Z[b YWhhe gk[ i[ ^WX‡W WYed#
ƒ
ĹŠ
Ŋ .+(!~ Ŋ"#Ŋ -3(- 1!¢3(!.2Ŋ 1# +(9 -Ŋ!.-Ĺ 31.+#2Ŋ#-Ŋ 1( .Ŋ /.104#Ŋ2#Ŋ!.-Ĺ 5(13(¢Ŋ#-Ŋ4- Ŋ 9.- Ŋ"#Ŋ"(231( 4Ĺ !(¢-Ŋ"#Ŋ"1.% Ŋ ' !( Ŋ5 1(.2Ŋ ,4-(!(/(.2Ŋ04#Ŋ 3(#-#-Ŋ2 +(" Ŋ +Ŋ , 1ē
Ä“ĹŠ #!.,(2 -ĹŠ"1.% ĹŠ04#ĹŠ2#ĹŠ#-!.-31 ĹŠ! ,4Ä„ĹŠ " ĹŠ#-ĹŠ#+ĹŠ .,/#1ĹŠ"#ĹŠ4- ĹŠ! ,(.-#3 Ä“ĹŠ +ĹŠ +! +.("#ĹŠ+4#%.ĹŠ"#ĹŠ2#1ĹŠ/1.!Äą #2 ".ĹŠ2#1~ ĹŠ#-5( 1~ ĹŠ +ĹŠ !4 ".1ĹŠ/.1ĹŠ 4,(!' ! ĹŠ' !( ĹŠ#+ĹŠ(-3#1(.1ĹŠ"#+ĹŠ/ ~2ĹŠ8ĹŠ+4#%.ĹŠ +ĹŠ#731 -)#1.Ä“ĹŠĹŠĹŠĹŠĹŠ
Z_Y_edWZe kdW YWb[jW ZedZ[ i[ YWckĂ“ ÂŒ ))"&+ a_bei Z[ XWi[ Z[ YeYW‡dW$ I[]‘d bWi _dl[ij_]WY_ed[i bW Zhe]W i[h‡W jhWdifehjWZW ^W#
Y_W FWije fWhW i[h fheY[iWZW W Ybeh^_ZhWje Z[ YeYW‡dW$ Bk[]e Z[ j[d[h [ijW ikijWdY_W fWiWh‡W Wb ;YkWZeh feh [b fk[dj[ Z[ Hk# c_Y^WYW ^WY_W Gk_je o Z[ifkƒi W
;ijWZei Kd_Zei e ;khefW$ ;b [ijkf[\WY_[dj[ j_[d[ kd lW# beh Wfhen_cWZe Z[ .& W '&& c_# bbed[i Z[ f[iei Y[hYW Z[ *+ c_b ZÂŒbWh[i $
#3#-(".2ĹŠ/.1ĹŠ1. .
Ĺ—ĹŠ ĹŠĹŠ : ŊěŊ Bk[]e Z[ kd jhWXW`e Z[ _dj[b_][dY_W" jh[i [njhWd`[hei \k[hed Z[j[d_Zei [d JkbY|d WYkiWZei Z[b heXe W beYWb[i Yec[hY_Wb[i o l_l_[d# ZWi$ ;d feZ[h Z[ bei [njhWd`[# hei i[ [dYedjhÂŒ _dijhkc[djei gk[ i[ kj_b_pWd fWhW \ehpWh Y[hhWZkhWi$ FWhW [l_jWh c|i WjhWYei bW Feb_Y‡W DWY_edWb o [b ;`ƒhY_je WkdWhed \k[hpWi o h[Wb_pWd Yedjheb[i [d bei Z_# \[h[dj[i i[Yjeh[i Z[ bW Y_kZW$ BWi Wkjeh_ZWZ[i ieb_Y_jWd W bW Y_kZWZWd‡W fehjWh iki ZeYk# c[djei Z[ _Z[dj_ZWZ$
VivirĂĄs por siempre en nuestros corazones como un hermoso recuerdo de amor y gran ejemplo de bondad, trabajo, sencillez, grandeza de espĂritu y corazĂłn. Tu ejemplo guiarĂĄ nuestro camino y la infinita ternura que emanaste no se extinguirĂĄ jamĂĄs.
;B =E8?;HDE 7KJâDECE :;I9;DJH7B?P7:E :; B7 F7HHEGK?7 HKH7B :; @KB?E 7D:H7:; Profundamente consternados por el fallecimiento   de quien en vida fue seùor:
GABRANTE SIGIFREDO IBARRA ENR�QUEZ Expresan su mås sentida nota de pesar y solidaridad   a toda su distinguida familia de manera muy especial,  a su seùora Esposa Marina Sarmiento, y a sus hijos,  Orlando, Sandro, Diego, y Juan Ibarra Sarmiento,  apreciados amigos de nuestra Institución. Sr. Edwin Escobar                  Licda. Magali Romo Dr. William Guerrón               Sr. Arturo Villareal                 Licdo. Alipio Yar Lp/12058/At
Ĺ? Ĺ?
Ĺ? Ĺ? Ĺ?
Ĺ?
Ä– Ä–
ĹŠ }
.,/1 Äľ5#-3 Äľ1#-3 ĹŠ"#ĹŠ3#11#-.2ĔŊ 2 2ÄľÄƒ ĹŠ-! Äľ!.,/1 Äľ5#-3 Äľ"#Äą ! 2 2ĔŊ"#/ 13 ,#-3.2ĹŠ8ĹŠ.ÄƒĹŠ!(- 2Ä“ / 13 ,#-3.2Äľ 11(#-".2Ä“
.,/1 Äľ5#-3 ĹŠ"#ĹŠ3.".ĹŠ3(/.ĹŠ"#ĹŠ .,/1 Äľ5#-3 ĹŠ"#ĹŠ3.".ĹŠ3(/.ĹŠ"#ĹŠ 5#'~!4+.2 5#'~!4+.2
Ä‚Ä€ Ä‚Ä€
0%!),+ 0%!),+ 0%!),+ (! 01. (! 01. Ä Ä†Ĺ?)%*Ä‹ Ä Ä†Ĺ?)%*Ä‹
:
ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚ Ä‚Ä‚Ĺ? Ĺ? Ĺ?ĂĀĀĉ
Ĺ? +. Ĺ?
Ĺ? +. Ĺ?
4#23.2ĔŊ./.134-(" "#2Ŋ"#Ŋ .,/1 ľ5#-3 ľ! , (.ē 31 ).ē ŊŊ 4#23.2ĔŊ./.134-(" "#2Ŋ"#Ŋ #15(!(.2Ŋ!412.2ĔŊ!.-2314!!(¢-ĔŊ 31 ).Ŋē !.-24+3.1~ ē
ÄĄ ÄĄ ÄĄ
.,/1 Äľ5#-3 ĹŠ"#ĹŠ. )#3.2ĔŊ#+#!31.Äą .,/1 Äľ5#-3 ĹŠ"#ĹŠ. )#3.2ĔŊ#+#!Äą ".,_23(!.2ĔŊ,4# +#2ĔŊ.ă ĹŠ!(- Ä“ĹŠ#3!Ä“
-ĂŒ-!( 3#ĹŠ +Ä–ĹŠĹŠĹŠ -ĂŒ-!( 3#ĹŠ +Ä–ĹŠĹŠĹŠ
Äą
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ .! $4#1#Ä“ĹŠ #+ĖŊĉĒĎÄ?ĎćĉĔŊĉÄ?ćÄ?Ä?ĉĎŊ 7Ä–ĹŠ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ ĉÄ?ĈĉÄ?Ä?Ĉ %#-!( ĉĖŊ +#,#-3#ĹŠ .-!#ĹŠÄ‰ÄˆÄ’ĹŠ8ĹŠ 4+!;-Ä–ĹŠ 4!1#ĹŠ#-31#ĹŠ 8 !4!'.ĹŠ8ĹŠ 4-~-Äą (#"1 '(3 Ä“ĹŠ 7Ä–ĹŠÄŽÄ?ćÄ?ÄŠÄŒ #+Ä–ĹŠÄ‰Ä’Ä‘ÄŒÄŽÄŽÄˆÄ“ ĹŠ 7Ä–ĹŠÄ‰Ä’Ä‘ÄŒÄ?ÄŒÄ? %#-!( ÄŠÄ–ĹŠ 1#- 2ŊĉĉćŊ8ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĹŠ ÄŽĹ–ĹŠ (2.ĹŠ #+Ä–ĹŠÄŽÄ‡Ä‡Ä‰ÄŒÄŽÄ”ĹŠÄŽÄŽÄŽÄŒÄŠÄ‡Ä”ĹŠÄŽÄŽÄŽÄŒÄŠÄˆÄ”ĹŠ ĎĎĈĎĎĉē + -3 ĹŠ "(3.1 Ä–ĹŠ - ,#1(! - ĹŠ .13#ĹŠ %#-!( ĈĖ ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ ĹŠÄŠÄ“ÄŽĹŠ #+Ä–ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŠÄ”ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŒÄ”ĹŠÄŒÄ?ÄŽÄ?ĉĎĔŊ 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ ÄŒÄ?ÄŽÄ?ĉÄ?Ä”ĹŠÄŒÄ?ÄŽÄ?ĉđē ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ .+~5 1ĹŠ8ĹŠ .! $4#13#Ä“ĹŠ #+Ä–ĹŠÄŠĹŠÄ‰ĹŠÄŒÄ‰ÄˆĹŠÄ?Ċć ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ 7Ä–ĹŠÄŠĹŠÄ‰ĹŠÄŒÄ‰ÄˆĹŠÄ?ĊĈ
%#-!( ĉĖŊ +#,#-3#ĹŠ .-!#ĹŠÄ‰ÄˆÄ’ĹŠ8ĹŠ %#-!( ĹŠ -3 Ä–ĹŠ 5Ä“ĹŠ 4 13 ĔŊ#-31#ĹŠ! ++#ĹŠ
ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ĈĖ 11 Ä–ĹŠ ++#ĹŠ #)~ ŊĊĎćŊ#-31#ĹŠ 4!1#ĹŠ8ĹŠ
%#-!( ĉĖŊ +#,#-3#ĹŠ .-!#ĹŠÄ‰ÄˆÄ’ĹŠ8ĹŠ
Äą (#"1 '(3 Ä“ĹŠ 7Ä–ĹŠÄŽÄ?ćÄ?ÄŠÄŒ %#-!( ÄˆÄ–ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ÄŠÄ–ĹŠ 1#- 2ŊĉĉćŊ8ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĹŠ 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ ÄŽĹ–ĹŠ (2.ĹŠ #+Ä–ĹŠÄŽÄ‡Ä‡Ä‰ÄŒÄŽÄ”ĹŠÄŽÄŽÄŽÄŒÄŠÄ‡Ä”ĹŠÄŽÄŽÄŽÄŒÄŠÄˆÄ”ĹŠ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ ĎĎĈĎĎĉē %#-!( ÄˆÄ–ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ + -3 ĹŠ "(3.1 Ä–ĹŠ - ,#1(! - ĹŠ .13#ĹŠ 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ ĹŠÄŠÄ“ÄŽĹŠ #+Ä–ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŠÄ”ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŒÄ”ĹŠÄŒÄ?ÄŽÄ?ĉĎĔŊ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ ÄŒÄ?ÄŽÄ?ĉÄ?Ä”ĹŠÄŒÄ?ÄŽÄ?ĉđē
%#-!( ÄˆÄ–ĹŠ ++#ĹŠ 4(3.ĹŠ ĹŠÄ‡Ä‰ÄąÄŒÄŽĹŠ#-31#ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ÄˆÄ–ĹŠ
%#-!( ĉĖŊ +#,#-3#ĹŠ .-!#ĹŠÄ‰ÄˆÄ’ĹŠ8ĹŠ + -3 ĹŠ "(3.1 Ä–ĹŠ , 41 ĹŠÄˆÄŽÄ‘ÄŒĹŠ8ĹŠÄˆÄ‘ĹŠ
(#"1 '(3 Ä“ĹŠ 7Ä–ĹŠÄŽÄ?ćÄ?ÄŠÄŒ "#ĹŠ .5(#, 1#ĔŊ "(ÄƒĹŠ!(.ĹŠ .5(2 Ä“ĹŠĹŠ #+$Ä–ĹŠÄ?ĹŠ %#-!( ÄŠÄ–ĹŠ 1#- 2ŊĉĉćŊ8ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĹŠ ĉĎÄ?Ä?ćĒĒĔŊÄ?ŊĉĎđĎŊđćĎē ÄŽĹ–ĹŠ (2.ĹŠ #+Ä–ĹŠÄŽÄ‡Ä‡Ä‰ÄŒÄŽÄ”ĹŠÄŽÄŽÄŽÄŒÄŠÄ‡Ä“ 7Ä–ĹŠÄ?ŊĉĎÄ?đđČđ
%#-!( ÄˆÄ–ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ + -3 ĹŠ "(3.1 Ä–ĹŠ .13.5(#).ĹŠ ,ĹŠÄŒÄ”ÄŽĹŠ5~ ĹŠ ĹŠ 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?ĔŊ -3 Ä“ĹŠ #+Ä–ÄŽĹŠÄ‰Ä’ÄŠÄˆÄ‡Ä’ÄˆÄ“
(#"1 '(3 Ä“ĹŠ 7Ä–ĹŠÄŽÄ?ćÄ?ÄŠÄŒ Ä‘ĹŠ8ĹŠÄ’Ä“ĹŠ #+$ĖŊĎŊĉŊÄ?Ä‰Ä‰ÄŽÄ‘ÄˆÄ”ĹŠÄŽĹŠÄ‰Ä?ĉČĎđĎē
+ -3 ĹŠ "(3.1 Ä–ĹŠ - ,#1(! - ĹŠ .13#ĹŠ %#-!( ĹŠ '.-#Ä–ĹŠ ++#ĹŠ .+~5 1ĹŠ#-31#ĹŠ (Äą
ĹŠÄŠÄ“ÄŽĹŠ #+Ä–ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŠÄ”ĹŠÄŒÄ?ÄŽÄ?Ä‰ÄŒÄ”ĹŠÄŒÄ?ÄŽÄ?ĉĎĔŊ !'(-!' ĹŠ8ĹŠ .+¢-ĔŊ "Ä“ĹŠ _+#9ĹŠÄŠ#1ĹŠ (2.Ä“ĹŠ #+Ä–ĹŠ ÄŒÄ?ÄŽÄ?ĉÄ?Ä”ĹŠÄŒÄ?ÄŽÄ?ĉđē ĎŊĉÄ?Ä’Ä?ĹŠÄ‡ÄˆÄˆÄ“
%#-!( ÄˆÄ–ĹŠ ~!3.1ĹŠ 1 ,(+.ĹŠ 231 " ĹŠÄ‘ÄˆĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ÄˆÄ–ĹŠ
#(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ÄˆÄ–ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?ĔŊ ÄŒ ĹŠ#ĹŠ (%4#1 2ŊĹŊ 1"#2 ĹŠ #-31 +Ä“ #+Ä–ĹŠÄŒĹŠÄ‰ÄŠÄ‘ÄŽÄ’Ä‘ÄˆÄ”ĹŠÄŒĹŠÄ‰ÄŠÄ‘ÄŽÄ’Ä?ÄŠÄ“
ĹŠ
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?ĔŊ %#-!( ÄˆÄ–ĹŠ .+~5 1ĹŠ2Äľ-ĹŠ8ĹŠ .! $4#13#ĹŠ ĸ 20ēĚŊ "(ă %#-!( ÄˆÄ–ĹŠĹŠ!(.ĹŠ (+#-(4,Ä“ĹŠ #+$Ä–ĹŠÄ?ŊĉŊ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘
#(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ %#-!( ÄˆÄ–ĹŠ 4(2ĹŠ ;104#9ĹŠ8ĹŠ , 9.- 2ĔŊ
04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ #-31.ĹŠ .,#1!( +ĹŠ #(- "#+ĹŠ (2-#ĔŊ ĹŠĹ’ÄˆÄ’ĹŠ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ #+Ä–ĹŠĹŠÄ?ŊĉŊÄ?ćÄ?ĹŠÄ?Ďćē
%#-!( ÄˆÄ–ĹŠ #(- ĹŠ (!3.1( ŊđĉĊŊ8ĹŠ 1 +Ä“ĹŠ Ä?ĉđÄ?ćĉĔŊÄ?ŊĉŊÄ?ĉđÄ?ććĔŊÄ?ŊĉŊÄ?ĉĉĉĒČē 04#" -.ĹŠ #+ĖŊĎćĊĉÄ?Ä?Ä”ĹŠÄ‰Ä‰Ä‰ÄŒÄ‡ÄŽÄ”ĹŠ ĉĉĉČćÄ?ĹŠ 7Ä–ĹŠÄ‰Ä‰Ä‘Ä’ÄˆÄ‘ 04#" -.ĹŠ #+Ä–ĹŠ ĎćĊĉÄ?Ä?Ä“
Ä‰Ä’Ä‘ÄŒÄŽÄŽÄˆĹŠÄąĹŠÄ‰Ä?ĈĉÄ?Ä?ÄˆĹŠÄąĹŠÄ‰Ä’Ä‰ÄŽÄ’Ä?ÄŠ Ä‰Ä’Ä‘ÄŒÄŽÄŽÄˆĹŠÄąĹŠÄ‰Ä?ĈĉÄ?Ä?ÄˆĹŠÄąĹŠ ĉĒĉĎČÄ?Ä? Ä‰ÄŽÄŽÄˆÄąÄŽÄŽÄ‰ 1($ 2
ad/24316/ai
VENDO CASA COMERCIAL EN IBARRA
2 almacenes, 4 departamentos, 214m2 terreno 400 m2 construcciĂłn, garage, columnas para otro piso, Av. Jaime Rivadeneira 4.14 y Flores Inf. 082109407, 096317907. A.P./51757/k.m.
VENDO LINDA CASA Ubicada en el sector de Cananvalle antigua vĂa UrcuquĂ por estrenar, solo interesados, con terreno de 1500m2. Informes: 093233656 / 084668459 / 088833473ad/24347/ai
PROPIETARIO VENDE Sin intermediarios hermosa casa por estrenar, amplios jardines y terreno, urbanizaciĂłn con todos los servicios bĂĄsicos, 180 metros de construcciĂłn $105.000. Informes telĂŠfonos: 2951-641 / 099167182.
VENDO CASA
72 metros de construcciĂłn de losa, 580 metros de terreno con todos los servicios bĂĄsicos, 2 galpones para pollos 14x6 metros, ĂĄrboles frutales, en el Priorato barrio Flor del Valle. Informes: 087783747.
VENDO
VENDO Casa linda, 3 dormitorios $60.000 negociables cascada de ChorlavĂ. Informes: 081043652 / 2605035.
ad/24397/ai
POR EMERGENCIA BANCARIA Vendo casa en Quito junto Complejo de la Liga, construcciĂłn 250m2 terreno, 548m2. Informes: 097953497 / 098039454.
VENDO TERRENO En AmbuquĂ, frente a Oasis HosterĂa, de 704 m2. Informes: 2958-606 (noche) / 085127987. ad/24391/ai
VENDO CASA POR ESTRENAR EN LA SALINAS Y JUAN MONTALVO INFORMES: 083242421. ad/24415/ai
TORRES DE LA COLĂ“N Vendo hermoso departamento. INFORMES: 091000004 ad/24414/ai
VENDO CASAS NUEVAS En Atuntaqui, Conjunto Los Nogales, dos plantas, terraza accesible, parqueadero, USD 48.000. Informes: 094454703 / 062958029. ad/24298/ai
DE OPORTUNIDAD Se vende lote de terreno, con ĂĄrboles frutales y construcciones, sector El Ejido de Caranqui, ĂĄrea: 1.200m2. Informes: 2611-955 / 098039490 / 098039454. ad/24396/ai
VENDO Lindo terreno 2 hectĂĄreas y media en Los Ă“valos. Informes: 2605-035 / 081043652. ad/24397/ai
SE VENDE
VENDO EN IBARRA Lote de terreno de 298 m2, con cerramiento ubicado junto a la Cdla. Emelnorte. Precio: 24.000 USD Informes: 086022478 / 2980819.
De oportunidad vendo Hino FM 2008. Solo interesados llamar al celular: 059767989. ad/24726/ai
POR VIAJE Vendo 2 terrenos en Pucahuayco; 1 en ChorlavĂ, 1 casa esquinera con terreno en la Coop. 19 de Enero. Informes: 2609-197 / 082540106. ad/24403/ai
SE VENDE Cabezal SĂşper Brigadier AĂąo 98, Motor Cunmis 350, Caja Fuller 14915 Trasmisiones Doble ReducciĂłn, VehĂculo tiene Seguro, SatĂŠlite, Enllantado, HabilitaciĂłn PerĂş- Colombia. Precio 64.000 USD. Negociables. Mayor InformaciĂłn: 094182970/ 094789003/ 2245-235. mr/12002/at
LOTES DESDE $5 C/M2 Sin intermediarios, escrituras inmediatas con el 50% de entrada, planos aprobados. Entrevistas: 2550-839 Finca. Dr. Valencia G. ChorlavĂ - Ibarra. ad/24404/ai
VENDO AutomĂłvil Peugeot 605 Mod. 95 full cuero, alarma, matriculado al dĂa. Informes: 084148406 / 2603-979.
COLEGIO TÉCNICO “PARTICULAR IMBAYAâ€? Necesita contratar profesores de:
De 3 pisos en la urbanizaciĂłn La Quinta, mayor informaciĂłn al 099737380. ad/24381/ai
A 20m. de la autopista, vendo lote de 200m2 con todos los servicios bĂĄsicos. Precio: USD. 16.000. Informes: 094 101-546. ad/7206/ao
VENDO FURGONETA KIA 2004 con recorrido mĂĄs acciones y derechos de la compaĂąĂa Escolar Lujo Estimba. Informes: 2606-795 / 099678751 / 099681499. ad/24297/ai
2 departamentos, dos dormitorios, sala, cocina, baĂąo, video portero, garaje en el Ejido de Ibarra, avenida Mariano Acosta 5 de Diciembre y 16 de Agosto, casa # 256. TelĂŠfonos: 097551674 / 088902429. ad/24215/ai
Interesados presentar carpetas hasta el dĂa martes 17 de enero en Otavalo: Calle BolĂvar 8Â04 y Juan Montalvo, 4to. Piso, de 13h00 a 18h00. Cel: 092 532411 / 098 508906
Hermosos mini departamentos para estudiantes, ubicados en el barrio El Olivo, UrbanizaciĂłn Los alisos, calle “Aâ€? Lote 25. A pocos pasos de la UTN y la Universidad CatĂłlica. InformaciĂłn al telf. 080448696. ad/24197/ai
SE ARRIENDA
ÂżESTĂ S EMBARAZADA?
ad/24232/ao
SE NECESITA SeĂąorita con experiencia en ventas para atender local en Atuntaqui. Entregar documentos en la calle ColĂłn 7-31 y BolĂvar.
COSTURERAS Con experiencia en mĂĄquinas industriales, recta, overlock, recubridora, etc, para tela deportiva o plana. Con deseos de superaciĂłn. Informes: Juan Miguel MuĂąoz 1-107 y Robertho Posso (tras la iglesia de Santo Domingo) Ibarra. Telfs: 2950-216 / 2609-276 / 099161442. ad/24388/ai
Joven para trabajar en un bar de 4pm a 10pm. Informes al 092747334.
ad/24325/ai
SE NECESITA
No te preocupes, llĂĄmanos absoluta discresiĂłn.
Brindamos servicios profesionales 2 956 702
ÂżESTAS SOLO?
QUIERES PASAR CON TU AMOR ESTE 14 DE FEBRERO? Yo te ayudo, soy poseedor del amarre mas econĂłmico, eficaz y rĂĄpido del mundo. Resultados en solo 6 horas. Preguntar por “El Guru del Amor ARIELâ€?. Valor $ 21 Telf.: 089399624 162793/PO
CHOFERES
AR/85300/cc
EL PODER DE LA MENTE
ZAMIR EXPERTO INTERNACIONAL EN AMARRES DE AMOR
ARRIENDO Un departamento completo en Los Ceibos avenida El Retorno # 16-59.
ad/24345/ai
dos reales.
162118/gf
DECĂ?DETE A SER FELIZ HOY MISMO VISĂ?TAME O LLĂ MAME
089088127
OraciĂłn Milagrosa ConfĂo en TĂ, mi Dios, Padre, Hijo y EspĂritu Santo. Mi Ăşnico Salvador, con todas mis fuerzas les pido que me concedan la gracia que tanto deseo (Pida tres deseos uno de negocios y dos imposibles). Rece nueve veces al AvemarĂa durante 9 dĂas, al noveno dĂa publique este anuncio y se cumplirĂĄ aunque no lo crea, observe lo que ocurrirĂĄ al cuarto dĂa de su publicaciĂłn.
TU DEVOTA l.h.t
SE NECESITA
Te regreso al ser amado en horas. Usted ya se cansĂł de mentiras y falsas promesas, visĂteme y conozca el Ăşnico amarre que le demuestra resulta-
C.A.M.
constructora_2012 @hotmail.com
Ayudande de cocina. Entregar carpetas en la Calle Guayaquil y Cuenca esq. Restarante Azukita. /12065/ai
EL REY DE LOS AMARRES
Claro 069 623771
SeĂąoritas que sepan del manejo de mĂĄquinas industriales y confecciĂłn de ropa de bebĂŠ. Comunicarse al 080448696.
ad/24400/ai
ANDRES
Doy gracias por el favor recibido.
Movi 083 731265
Empresa constructora necesita 8 choferes licencia tipo E para volquetas HINO ZS de 16 M3 para trabajos en el Oriente. Informes:
ad/24327/ai
TERRENO EN PEGUCHE
#+Ä–ĹŠÄ‰ÄŽÄŽÄˆÄąÄŽÄŽÄ‰ĹŠ 7Ä–ĹŠÄ‰ÄŽÄŽÄ‰ÄąÄˆÄŠÄŽÄ”ĹŠ.ĹŠ, 1! ĹŠ ĹŠ!4 +04(#1
• Matemåticas • InglÊs • Lenguaje
ad/24366/ai
SE VENDE CASA
.-3 !3.
ARRIENDO
SE NECESITA
mr/11977/at
ad/24371/ai
Hermosa casa en el centro de Ibarra, 840 metros. Informes: 081043652 / 2605035. ad/24397/ai
Vendo lotes de 10x15 en la Ciudadela Los Lagos, UrbanizaciĂłn San NicolĂĄs. Informes telĂŠfonos: 090067155 / 080435076 / 080356789. ad/24318/ai
#Ŋ+4-#2Ŋ Ŋ5(#1-#2Ŋ"#ŊđĖććŊ Ŋ ŊĊĖććŊ
Atraigo el amor de tu vida por imposible que sea, no importa el tiempo ni la distancia, regreso al ser amado en 7 horas. Totalmente humillado a tus pies. Amarres eternos, curo 162339/mig hechizos y salamientos. Hago limpias, florecimientos, levanto negocios, empresas y doy suerte en el amor.
LLAME AHORA 097471405 / 069020620
RCI/120
VENDO RESTAURANTE Con todo el montaje en Ibarra. InformaciĂłn: BolĂvar y Rafael Larrea casa 12Â112. TelĂŠfonos: 098809362 / 081284656.
ad/24368/ai
Vendo casa de tres pisos por estrenar con locales comerciales mĂĄs seis habitaciones en la parte posterior, con garaje, apta para hotel o residencial. DirecciĂłn: en Las PeĂąas, calle Principal. Informes: 086261868.
OPORTUNIDAD EN OTAVALO
mr/11939/at
POR MOTIVO DE VIAJE
En La Victoria, 120 m2 de construcciĂłn, 3 dormitorios, 3 pisos, con terraza y espacio para construir garaje. $58.000 negociables, incluye algunos enseres. Solo interesados telfs: 094364210 / 2609-854 / 094989625. ad/24383/ai
ad/24323/ai
VENDO CASA
.1 1(.
+ 2($(! ".2ĹŠ,(-ĂŒ2!4+ 2ĹŠÄ¸ÄˆÄŽĹŠ/ + 1 2ÄšĹŠĹŠĹŠĹŠĹŒÄŠÄ“Ä‡Ä‡ + 2($(! ".2ĹŠ, 8ĂŒ2!4+ 2ĹŠÄ¸ÄˆÄŽĹŠ/ + 1 2ÄšĹŠĹŠĹŠĹŒÄŠÄ“ÄŽÄ‡ ( /.ĹŠ.ĹŠ!+ 2($.3.Ŋĸ, 8ĂŒ2!4+ ÄšĹŠĹŠĹŠĹŒÄŒÄ“ÄŽÄ‡ + 1 ĹŠ "(!(.- +ĹŠĹŠĹŠĹŒÄ‰Ä“Ä‡Ä‡ % ĹŠ".2ĹŠ"~ 2ĹŠ8ĹŠ/4 +~! 3#ĹŠ%1 3(2ĹŠ#-ĹŠ666Ä“+ '.1 Ä“!.,
SE VENDE
Cabinas telefĂłnicas con cyber y bazar, de oportunidad. Ubicada en la calle Ayacucho y BolĂvar, (Frente al banco del Austro). Informes al 093 507128 / 097
691143.
mr/12063/ai
DE OPORTUNIDAD Vendo fĂĄbrica de bloques funcionando y cedo el local donde funciona en arriendo que cuenta con bodegas y extenso patio. Informes telĂŠfono: 093733479. ad/24288/ai
VENDO BODEGA De Abastos, excelente ubicaciĂłn sector mercado Amazonas. Informes cel: 080638416. ad/24335/ai
ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ
COMPRO ORO
Si no ayudas a limpiar no ayudes a ensuciar.
CampaĂąa de limpieza por la Ciudad de TulcĂĄn
Pago los mejores precios & " # % $ !
VENDO LOTES En diferentes lugares de la ciudad: Romerillo, Santa LucĂa del Retorno, La Florida, Natabuela, Bellavista. DirecciĂłn: BolĂvar # 1256 y Obispo Mosquera. TelĂŠfono: 2603Â769 / Celular: 081226335. ad/24379/ai
g Ĺ? Ä€Ä Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä‚Ä Ä‚Ä
9B7I?<?97:EI B7 >EH7 ?87HH70 &, ( /+,+&( TULCAN: 06 2 984646 OTAVALO: 06 2925477
Se solicita camiones para alquiler (2.0 a 3.5 tn). Empresa de consumo masivo dentro de la ciudad. Se receptarĂĄn carpetas en: Jorge DĂĄvila Meza 623 y Emperatriz Mejia. Telf: 046026550 Ext. 1463
VENDO VALLA PUBLICITARIA Estructura Metålica  6 metros altura, cuadro de 8x4 metros. Oferta USD 3.500 instalada. Informes: 080957519. ad/24406/ai
GLOBAL SISTEM
A.P./51716/k.m.
INDIO GASPAR 0IERDE EN LOS NEGOCIOS FRACASA EN LOS TRABAJOS NO ES FELIZ EN EL HOGAR SE SIENTE SOLO ENFERMO SUFRE POR QUE SU PAREJA LO DEJĂ˜ ./ 35&2! -ÂŁ3 TENGA BUENA SALUD PROGRESE EN LOS TRABAJOS NEGOCIOS AGRICULTURA GANADERĂ“A ETC
'ASPAR CURA LAS ENFERMEDADES MALIGNAS QUE ESTÉN ACABANDO CON SU VIDA %L ÞNICO )NDIO MÉS EFICAZ EN LIGAMIENTOS Y AMARRES !TRAE AL SER QUERIDO MÉS CARI×OSO A QUE ANTES Y PARA SIEMPRE
#/.15)34% ,/ 15% 3% 02/0/.% !3%'52% 35 &%,)#)$!$ 6)3°4%,/ (/9 -)3-/
%N )BARRA !V 6ÓCTOR -ANUEL 'UZMÉN Y CALLE DE !BRIL
DEL 2EDONDEL DE !JAVĂ“ A CUADRAS VĂ“A (OSPITAL DEL 3EGURO #ELULAR AD AI
OFRECE MANTENIMIENTO DE
COLEGIO A DISTANCIA
COMPUTADORAS, REDES, TUTORIA
Desea contratar los servicios de profesores de: LENGUA Y LITERATURA MATEMĂ TICAS, Y CIENCIAS NATURALES Requisitos MĂnimos: Â Profesor de Segunda EnseĂąanza o Ăşltimo aĂąo de facultad. Â Disponibilidad de tiempo: Martes y MiĂŠrcoles por las tardes y SĂĄbados todo el dĂa.
REFERENTE A COMPUTACIĂ“N. CEL. 099 622 742
VENDO LOTES En diferentes lugares de la ciudad: Romerillo, Santa LucĂa del Retorno, La Florida, Natabuela, Bellavista. DirecciĂłn: BolĂvar # 1256 y Obispo Mosquera. TelĂŠfono: 2603Â769 / Celulares: 086863579 / 085911789.
INTERESADOS ENTREGAR HOJA DE VIDA CON DATOS PERSONALES EN LA CALLE FLORES 7-67 2DO. PISO Y OLMEDO, HASTA EL LUNES 6 DE FEBRERO 2012
ad/24365/ai
EL INDIO QUE SANA
ad/24380/ai
Dona tu sangre
OFRECE
Donar tu sangre, no
#5(23 2ĔŊ/#1(¢"(!.2ĔŊ2.13#.2ĹŠ"#ĹŠ+.3#1~ ĔŊ+( 1.2ĹŠ"#ĹŠ !.!(- ĔŊ! -!(.-#1.2ĹŠ8ĹŠ+( 1.2ĹŠ"#ĹŠ,.3(5 !(¢-Ä“ĹŠ 104#ĹŠ #-31 +Ä“ĹŠ #+_$.-.Ä–ĹŠÄ‰ĹŠÄ’Ä‘ÄˆĹŠÄ‡ÄŠÄ’
implica ningĂşn riesgo.
KIOSKO
“ La Cuencanita� OFRECE
#5(23 2ĔŊ/#1(¢"(!.2ĔŊ2.13#.2ĹŠ"#ĹŠ+.3#1~ ĔŊ+( 1.2ĹŠ"#ĹŠ !.!(- ĔŊ! -!(.-#1.2ĹŠ8ĹŠ+( 1.2ĹŠ"#ĹŠ,.3(5 !(¢-Ä“ĹŠ 104#ĹŠ #-31 +Ä“ĹŠ #+_$.-.Ä–ĹŠÄ‰ĹŠÄ’Ä‘ÄˆĹŠÄ‡ÄŠÄ’
URCUQUI Venta de propiedad de 20 hectĂĄreas Al pie de la ciudad, con agua
de riego las 24 horas. Llamar al 097 19 93 42
OraciĂłn Milagrosa ConfĂo en TĂ, mi Dios, Padre, Hijo y EspĂritu Santo. Mi Ăşnico Salvador, con todas mis fuerzas les pido que me concedan la gracia que tanto deseo. (Pida tres deseos uno de negocios y dos imposibles). Rece nueve veces al AvemarĂa durante 9 dĂas, al noveno dĂa publique este anuncio y se cumplirĂĄ aunque no lo crea, obser ve lo que ocurrirĂĄ al cuar to dĂa de su publicaciĂłn. Doy gracias por el favor recibido. TU DEVOTA L.H.T.
9B7I?<?97:EI Z[ :?7H?E B7 >EH7
su mejor alternativa para comprar y vender
162559/MIG
SALVA UNA VIDA
KIOSKO
“ La Cuencanita�
Ĺ? Ĺ?
Ĺ?
Ä‚Ä‚
Ĺ?Ĺ? 7 Ĺ?Ĺ? ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ? ĀĂĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€ ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
REPĂšBLICA DEL ECUADOR EXTRACTO DE CITACIĂ“N JUDICIAL No 001 JUZGADO ADJUNTO DE LA NIĂ‘EZ Y ADOLESCENCIA ACTOR: QUISHPE TOAPANTA MARIA YESENIA DEMANDADO: OĂ‘A YUGCHA RAUL GILBERTO CAUSA: DEMANDA DE PENSIĂ“N ALIMENTICIA AL DEMANDADO SEĂ‘OR: OĂ‘A YUGCHA RAUL GILBERTO SE LE HACE SABER QUE EN ESTE JUZGADO SE ESTA TRAMITANDO LA DEMANDA DE PENSIĂ“N ALIMENTICIA No.0837-2011 QUE SIGUE EL SRA. QUISHPE TOAPANTA MARIA YESENIA Y CUYA PROVIDENCIA SE TRANSCRIBE. JUZGADO DE LA NIĂ‘EZ Y ADOLESCENCIA DEL CANTĂ“N TULCĂ N.-TulcĂĄn, martes tres de enero del dos mil doce, las 08h58. Previamente a calificar la demanda de prestaciones alimenticias que antecede presentado por la seĂąora MARIA YESENIA QUISHPE TOAPANTA en contra del seĂąor RAUL GILBERTO OĂ‘A YUGCHA que hace relaciĂłn al Juicio de Alimentos No 2011- 0837, de conformidad a lo dispuesto en el Art. 82 del CĂłdigo de procedimiento Civil vigente, comparezca a este Juzgado y bajo juramento manifieste desconocer la individualidad y residencia del demandado seĂąor RAUL GILBERTO OĂ‘A YUGCHA. TĂłmese nota del Casillero Judicial No.- 152 perteneciente al Dr. Juan Carlos Villareal, seĂąalado por la actora.- NOTIFIQUESE.JUZGADO ADJUNTO DE LA NIĂ‘EZ Y ADOLESCENCIA DEL CANTĂ“N TULCĂ N.TulcĂĄn, Viernes cinco de enero del dos mil doce, las 16h29 VISTOS: Avoco conocimiento la presente causa de pensiĂłn alimenticia, en mi calidad de Juez Adjunto de la NiĂąez y Adolescencia. En lo principal, una vez que se ha dado cumplimiento a la providencia del martes 3 de Enero del 2012, a las 09h02, la demanda presentada por la seĂąora MARIA YESENIA QUISHPE TOAPANTA en contra del seĂąor RAUL GILBERTO OĂ‘A YUGCHA, se la califica de clara, completa y reĂşne los requisitos de ley por lo que se la acepta al trĂĄmite Contencioso Administrativo General establecido en el CĂłdigo de la NiĂąez y Adolescencia; se toma en cuenta al Dr. Juan Carlos Villareal, con Casillero Judicial No.152, para que represente al reclamante en la presente causa. Se fija como PESIĂ“N PROVISIONAL alimenticia a favor del alimentaria EMILY JANINE OĂ‘A QUISHPE, nacida el 13 de Diciembre del 2007 la suma de SETENTA Y DOS DOLARES DE LOS ESTADOS UNIDOS DE AMERICA CON 00/100 para la menor antes indicada, por no haber justificado la condiciĂłn econĂłmica del alimentante, quien deberĂĄ pagar desde la presentaciĂłn con la demanda de conformidad con lo establecido en los Arts. Innumerados 8 y 9 de la Ley reformatoria al TĂtulo V, libro II del CĂłdigo OrgĂĄnico de la NiĂąez y Adolescencia, durante los cinco primeros dĂas de cada mes, de conformidad con la tabla de pensiones alimenticias mĂnimas que se encuentran fijadas por el Consejo Nacional de la NiĂąez y Adolescencia. CĂtese al demandado seĂąor RAUL GILBERTO OĂ‘A YUCCHA mediante tres publicaciones que se realizarĂĄn, cada una de ellas en fechas distintas en un periĂłdico de amplia circulaciĂłn del lugar, y como asĂ lo determina el Art.82 del CĂłdigo de Procedimiento Civil, y el Art. Inumerado 35 de la Ley Reformatoria AL CĂłdigo de la NiĂąez y Adolescencia. Citado que sea el demandado en legal forma se convocarĂĄ a las partes a la audiencia Ăşnica de conformidad con lo establecido en el Art. 35 Ibidem, a fin de que conteste en el tĂŠrmino legal correspondiente, y de conformidad con los Arts. 102 del CĂłdigo de Procedimiento Civil, seĂąale domicilio judicial
para recibir sus posteriores notificaciones, anunciando sus medios probatorios respectivos, conforme lo determina el Art. Innnumerado 34 de la ley reformatoria previniĂŠndole que en caso de no contestar ni seĂąalar domicilio para sus notificaciones se seguirĂĄ con la presente causa en su rebeldĂa. TĂŠngase en cuenta la prueba anunciada por la parte actora y el domicilio seĂąalado para sus posteriores notificaciones, agrĂŠguese la documentaciĂłn adjunta a la demanda.- NOTIFĂ?QUESE.DR. BYRON JAVIER SORIA LANDAZURI SECRETARIO AD-HOC DEL JUZGADO ADJUNTO DE LA NIĂ‘EZ Y ADOLESCENCIA DEL CANTĂ“N TULCĂ N. Hay Firma y Sello ar/12014/at REPĂšBLICA DEL ECUADOR EXTRACTO DE CITACIĂ“N JUDICIAL No 005 JUZGADO DE LA NIĂ‘EZ Y ADOLESCENCIA ACTOR: SANDRA EUGENIA MARTINEZ PEREIRA DEMANDADO: LUIS ENRIQUE CARANQUI CAUSA: INCIDENTE DE AUMENTO DE PENSION DE ALIMENTOS AL DEMANDADO SEĂ‘OR: LUIS ENRIQUE CARANQUI PINEDA SE LE HACE SABER QUE EN ESTE JUZGADO SE ESTA TRAMITANDO LA DEMANDA DE INCIDENTE DE AUMENTO DE PENSION DE ALIMENTOS No. 946-2000 QUE SIGUE LA SRA. SANDRA EUGENIA MARTINEZ PEREIRA, CUYA PROVIDENCIA SE TRANSCRIBE JUZGADO DE LA NIĂ‘EZ Y ADOLESCENCIA DEL CARCHI-TulcĂĄn, miĂŠrcoles 18 de enero del 2012, las 12h01.VISITOS: Avoco conocimiento la presente causa en virtud de la razĂłn sentada por parte del SeĂąor Secretario de este Juzgado. Una vez que la recurrente seĂąora SANDRA EUGENIA MARTINEZ PEREIRA ha dado cumpliendo con lo ordenado en providencia de fecha lunes diecinueve de diciembre, las 16h50 minutos, se procede a calificar la demanda de alimentos de clara, completa y reĂşne los requisitos de ley demanda de pensiĂłn de alimentos de clara, completa y reĂşne los requisitos de ley, por lo que se la acepta al trĂĄmite Contencioso Administrativo General establecido en el CĂłdigo de la NiĂąez y Adolescencia; se toma en cuenta al AB. AndrĂŠs Nazate, con casillero judicial No.152 para que represente a la reclamante en la presente causa, hasta cuando el actor lo creyere conveniente. Por cuanto la reclamante desconoce la individualidad y residencia del seĂąor LUIS ENRIQUE CARANQUI PINEDA, cĂtese mediante tres publicaciones que se realizarĂĄn, cada una de ellas en fechas distintas en un periĂłdico de amplia circulaciĂłn del lugar, y como asĂ lo determina el Art. 82 del CĂłdigo de Procedimiento Civil. Por tratarse de incidente por el momento no se fija una nueva pensiĂłn. TĂŠngase en cuenta la prueba anunciada por la parte actora y el domicilio seĂąalado para sus posteriores notificaciones, agrĂŠguese la documentaciĂłn adjunta a la demanda.- NOTIFĂ?QUESE.- f) ABG. Tania GarcĂa Flores, Jueza Temporal de la NiĂąez y Adolescencia del Carchi. CERTIFICO.Dr. Luis Alfonso Moreta SECRETARIO DEL JUZGADO DE LA NIĂ‘EZ Y ADOLESCENCIA DEL CANTĂ“N TULCĂ N. Hay Firma y Sello Ar/12045/at
ÂĄ
ANULACIĂ“N Se pone en conocimiento del pĂşblico que se ha extraviado el Seguro de Vida No. 5170342109, con un monto de 150 USD, del socio MANUEL ANTONIO LĂ“PEZ de la Cooperativa “29 de Octubreâ€?, por lo que se procede a su anulaciĂłn.at/12059/fp
.), -Ĺ‹ -# )&š!# )-Ĺ‹ +/ Ĺ‹#(Ăł/3 (Ĺ‹ (Ĺ‹ &Ĺ‹ &#.) BW fi_Yebe]‡W YedY_X[ Wb Z[b_je" Yece fhe# ZkYje Z[ \WYjeh[i X_e#fi_Ye#ieY_eYkbjkhWb[i" [b WYje Z[b_Yj_le [i bW h[ikbjWdj[ Z[ kd fheY[# ie" Z[ kdW YWZ[dW Z[ WYY_ed[i f[hiedWb[i1 gk[ i[ _d_Y_W [d bW YedWY_ÂŒd e WYY_ÂŒd _cfb‡Y_# jW o Ă’dWb_pW [d bW WYY_ÂŒd [nfb‡Y_jW" [i kdW h[i# fk[ijW fi_Yecejh_p" W jhWlƒi Z[ ik f[hiedW# b_ZWZ$ ;ijW [i bW XWi[ Z[ bW h[ifediWX_b_ZWZ" Z[ i_d]kbWh _cfehjWdY_W fWhW `k[p" Wb [c_j_h kdW i[dj[dY_W$ FWhW `kp]Wh kd Z[b_je" de [i ikĂ’Y_[dj[ Ye# deY[h bei Wdj[Y[Z[dj[i Z[ bW i_jkWY_ÂŒd" i_de [b lWbeh Z[ jeZei bei \WYjeh[i Z[j[hc_dWdj[i Z[ bW h[WYY_ÂŒd f[hiedWb Z[ kd ik`[je Yece ied0 Yh_c_de _cf[b[dj[i o Yh_c_de h[f[b[dj[i1 fh[# Z_ifed[dj[i" Z[j[hc_dWdj[i" Z[i[dYWZ[dWd# j[i o bei \WYjeh[i [dZÂŒ][dei o [nÂŒ][dei$
7i‡" bW h[WYY_ÂŒd Z[ kd ^ecXh[ Yehfkb[dje de [i bW c_icW gk[ bW Z[ kd ^ecXh[ Z[b]WZe$ ;ij[ \WYjeh YehfehWb Z[j[hc_dW [d [b _dZ_l_# Zke kd eiYkhe i[dj_c_[dje Z[ ikf[h_eh_ZWZ e _d\[h_eh_ZWZ \‡i_YW" fi‡gk_YW o ieY_eYkbjk# hWb" \h[dj[ W kdW i_jkWY_ÂŒd Z[j[hc_dWZW$ Feh WdWbe]‡W i[ eXi[hlW" gk[ [b kie Z[ bW \k[hpW e ik Wc[dWpW i[ h[bWY_edW Yed bei h[Ykhiei gk[ fei[[ kdW f[hiedW0 c[Z_ei [YedÂŒc_Yei" feb‡j_Yei" `kh‡Z_Yei" fh[ij_]_e" h[if[je" Wkjeh_# ZWZ" [jY$ I[ Fk[Z[ Z[Y_h" gk[ W c|i Z[b i_ij[cW d[hl_eie o Z[b i_ij[cW ]bWdZkbWh" bW X_ej_fe# be]‡W" Yedij_jko[ [b j[hY[h \WYjeh gk[ Z[j[hc_# dW [b YecfehjWc_[dje ^kcWde" i[ eXi[hlW bW h[bWY_ÂŒd gk[ [n_ij[ [djh[ bW \ehcW Yehfe# hWb o [b Wif[Yje fi_YebÂŒ]_Ye$ >Wo gk[ h[Yeh# ZWh bW YbWi_Ă’YWY_ÂŒd Z[ Ah[jiY^c[h" h[Wb_pWZW X_Ze W ik j[dZ[dY_W \[ij_lW$ H[fh[i[djWd kd !3.1#2ĹŠ(-Ä„48#-3#2 [b i_]be fWiWZe0 d‘c[he h[ZkY_Ze Z[djhe Z[ bW Yh_c_dWb_ZWZ" Bei \WYjeh[i Z[j[hc_dWdj[i Z[ bW h[WYY_ÂŒd
#/3.2.,;3(!. ied Z[ c[deh h[_dY_Z[dY_W o cWoeh WZWfjWX_# Z[ kd ik`[je" ied0 :[ Yedij_jkY_ÂŒd Z[b]WZW" 8eb‡lWh" AWdj" b_ZWZ$ :[X_Ze W ik Y_Ybej_c_W" ik _dYb_dWY_ÂŒd <WYjeh[i >[h[Z_jWh_ei0 9edij_jkY_ÂŒd YehfehWb X_ej_febe]‡W " j[cf[hWc[dje [ _d# 9Wbl_de" HeX[if_[hh[ j_[dZ[ Wb Z[b_je fbWd_Ă’# Yh_c_dWb [ij| ikf[Z_jWZW W bW [jWfW cWd_WYW YWZe" fk[Z[ i[h kd Wi[i_de W ik[bZe" [i feYe e Z[fh[i_lW [d bW gk[ i[ [dYk[djh[$ j[b_][dY_W$ <WYjeh[i C_njei0 9Wh|Yj[h" ^|X_jei o [cej_le o YWh[Y[ Z[ [iYh‘fkbei" ied Z[b_d# ;jWfW cWd_WYW" ied Yeckd[i bei Z[b_# Yk[dj[i fh[YeY[i" Z[ h[_j[hWZW fhef[di_ÂŒd jei YedjhW bW _dj[]h_ZWZ f[hiedWb" e\[d# Yedij[bWY_ÂŒd$ <WYjeh[i 7Zgk_h_Zei0 I_jkWY_ÂŒd [nj[h# Yh_c_deiW" dejWXb[ \h_WbZWZ W\[Yj_lW" f[hi[l[# iWi W bWi Wkjeh_ZWZ[i" YedjhWl[dY_ed[i dW WYjkWb" j_fe c[Z_e Z[ h[WYY_ÂŒd ieY_Wb o hWdj[i o YWbYkbWZeh[i" Yed fh[Zec_d_e Z[ bW YedjhW [b ehZ[d f‘Xb_Ye" [i Z[iehZ[dWZe" [i\[hW _dj[b[Yj_lW ieXh[ bWi Z[c|i1 bW [ijW\W ]WijW [b Z_d[he [d `k[]ei" YedZkY[ _cfhk# f[hY[fY_ÂŒd ikX`[j_lW Z[ bW i_jkWY_ÂŒd$ [i gk_p| ik Z[b_je fh[Z_b[Yje$ Ied Z_\‡Y_b[i Wb Z[dj[c[dj[ o fhWYj_YW YedZkYjWi i[nkW# ÄˆÄ“ĹŠĹŠ !3.1#2ĹŠ'#1#"(3 1(.2 b[i _d^WX_jkWb[i$ 9edij_jkY_ÂŒd YehfehWb X_ej_febe]‡W " jhWjWc_[dje o \|Y_b[i W bW h[_dY_Z[dY_W$ ;jWfW Z[fh[i_lW" ied kikWb[i bWi WkjeZ[# J[cf[hWc[dje [ ?dj[b_][dY_W$
ĚŊŊ .-23(34!(¢-Ŋ!.1/.1 +ŊŊ (.3(/.+¢%(!
;ij[ \WYjeh [i _cfehjWdj[ [d bW h[WYY_ÂŒd f[hiedWb"
~!-(!.
:[ Yedij_jkY_ÂŒd heXkijW" Bkj[he" FWi# j[kh" =eoW" 8[[j^el[d j_[dZ[d W Yec[j[h Z[# b_jei feh cWbW WZc_d_ijhWY_ÂŒd Z[ \edZei" Z[#
AUTEC S.A.
dkdY_Wi" i[ fh[i[djWd Wdj[ bWi Wkjeh_ZW# Z[i o i[ Z[YbWhWd YkbfWXb[i Z[ Yh‡c[d[i o Z[b_jei gk[ de Yec[j_[hed$ ;i \h[Yk[d# j[ [b ik_Y_Z_e Wcfb_WZe$ ;i ^WX_jkWb bei WXehjei" _d\Wdj_Y_# Z_ei o WXWdZedei Yec[j_Zei feh ck`[h[i [d fhe# \kdZW Z[fh[i_Œd" cel_ZWi feh bW fWjebŒ]_YW _Z[W Z[ gk[ [b ^_`e Z[ kdW ck`[h jWd cWbW Yece [bbW de Z[X[ [n_ij_h fehgk[ i[h| kd _d\[b_p$
Conmovido ante el sensible fallecimiento de Don
3+_3(!.
Ied _dZ_l_Zkei gk[ [djhWd \|Y_b# c[dj[ [d [ijWZe Z[ [nY_jWY_ÂŒd [njh[# cW" 9$ 9bWo Yed# j[ijWd fh[]kdjWi i_d h[Ă“[n_edWh$
Sigifredo Ibarra EnrĂquez expresa su mĂĄs sentida nota de pesar por tan irreparable pĂŠrdida a su distinguida familia. 8%G%&,(..-&b%d%
Ied [nfbei_# lei o [d eYWi_e# d[i Y‡d_Yei$ Ied \h[Yk[dj[i bei Z[b_jei YedjhW bW l_ZW" bW _dj[]h_# ZWZ f[hiedWb" [b heXe o [d ][d[hWb Wgk[bbei Z[ [`[Yk# Y_Œd l_eb[djW$ ;ijei j_fei j_[d[d bW cWoeh h[_dY_Z[dY_W Yh_# c_dWb" eYkfWd [b fh_c[h bk]Wh Z[ f[b_]hei_ZWZ" bk[]e bei b[fje# iec|j_Yei" o bei f‡Yd_Yei$
Ăă
Ĺ?ĀĆĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä“ĹŠ -.ĹŠ"#ĹŠ+.2ĹŠ! 11.2ĹŠ(,/+(! ".2ĹŠ#-ĹŠ#+ĹŠ'#!'.ĹŠ04#ĹŠ#23;ĹŠ1#3#-(".Ä“ĹŠ
, -Ĺ‹" ,# )-Ĺ‹ (Ĺ‹ # (. Ĺ‹ #ĹŠ"#2!.-.!#ĹŠ!4 +ĹŠ$4#ĹŠ+ ĹŠ! 42 ĹŠ04#ĹŠ /1.5.!¢Ŋ#+ĹŠ(,/ !3.ĹŠ#-31#ĹŠ+.2ĹŠ! 11.2ĹŠ 04#ĹŠ#23;-ĹŠ1#3#-(".2ĹŠ ĹŠ BWi l‡Wi i_]k[d j_‹ƒd#
Zei[ Z[ iWd]h[ W YWkiW Z[ bei WYY_Z[dj[i Z[ jh|di_je$ ;ijW l[p i[ fheZk`e [d bW FWdWc[h_YWdW ikh" i[Yjeh Z[ 9^ehbWl‡" bW cW# Zhk]WZW Z[ Wo[h$ Jh[i l[^‡Ykbei Yeb_i_edWhed o [b iWbZe \k[ jh[i f[hiedWi ^[h_ZWi$ Bei YWhhei _cfb_YWZei [d [b f[hYWdY[ eYkhh_Ze Y[hYW Z[ bWi &*0'& ied kd C[hY[Z[i 8[dp fbWj[WZe Z[ fbWYWi F@H#&,&'" kd :W[mee Yebeh fbece Z[ fbW# YWi FPO#&/&, o kd WkjecŒl_b Z[ fbWYWi ?87#/+/*$ I[]‘d bW l[hi_Œd gk[ h_dZ_Œ [b Y^e\[h Z[b :W[mee" IWdj_W]e :$" ƒb `kdje W ik YWhhe i[ [dYedjhWXWd Wb Yei# jWZe Z[h[Y^e Z[ bW l‡W Z[X_Ze W gk[ kd jWn_ b[ fWiWXW Yehh_[dj[$ ;b ^ecXh[ Yec[djŒ gk[ _d# j[cf[ij_lWc[dj[ WfWh[Y_Œ kd
YWhhe o b[i Y^eYŒ feh bW fWhj[ feij[h_eh$ FheZkYje Z[b WfWhW# jeie WYY_Z[dj[ h[ikbjŒ ^[h_ZW" CWhj^W E$" Z[ ). W‹ei" [b Yed# ZkYjeh Z[b C[hY[Z[i" @eiƒ 9^$" Z[ (." gk_[d Wb fWh[Y[h de ^W# Xh‡W fh[i[djWZe W bei ][dZWh# c[i ik b_Y[dY_W Z[ YedZkY_h o fh[ikdjWc[dj[ i[ [dYedjhWXW Yed Wb_[dje W b_Yeh$ Ejhe Z[ bei ^[h_Zei [i ;\hW_d :$" Y^e\[h Z[b WkjecŒl_b$ 7c# Xei de fkZ_[hed h[dZ_h ik l[h# i_Œd Z[ bei ^[Y^ei feh [b [ijWZe [d [b gk[ i[ [dYedjhWXWd$ 7b bk]Wh Z[b WYY_Z[dj[ WYk# Z_[hed c_[cXhei Z[b 9k[hfe Z[ 8ecX[hei" ZedZ[ ^WbbWhed W bWi l‡Yj_cWi ieXh[ bW l‡W o bei [ijW# X_b_pWhed$ Feij[h_ehc[dj[ \k[# hed bb[lWZei [d bWi WcXkbWdY_Wi ^WijW [b >eif_jWb IWd L_Y[dj[
Z[ FW‘b [ ?dij_jkje ;YkWjeh_Wde Z[ I[]kh_ZWZ IeY_Wb" ?;II o bei Y^e\[h[i gk[ZWhed XW`e Ykije# Z_W feb_Y_Wb$ C_[djhWi" f[hiedWb Z[ bW Kd_ZWZ Z[ ?dl[ij_]WY_Œd Z[ 7YY_Z[dj[i Z[ Jh|di_je" K?7J" jecŒ fheY[Z_c_[dje [d [b YWie o h[jkle bei YWhhei gk[ \k[hed jhWibWZWZei ^WijW bei fWj_ei Z[ jh|di_je Z[ OkokYeY^W$ Feh ik fWhj[" IWdj_W]e :$" \k[ Z[j[d_Ze o bb[lWZe ^WijW [b 9[djhe Z[ :[# j[dY_Œd Fhel_i_edWb Z[ ?XWhhW" 9:F#?$ ;d c[dei Z[ kdW i[cWdW i[ ^Wd h[]_ijhWZe YkWjhe WYY_Z[d# j[i [d jh[i YWdjed[i Z[ ?cXWXk# hW$ I[ jhWjW Z[ Zei lebYWc_[djei [d [b YWdjŒd F_cWcf_he$ Bei YWhhei heZWhed Wb WX_ice o Z[`Œ jh[i f[hiedWi ck[hjWi o ZeY[ ^[h_ZWi$ ;b i_]k_[dj[ \k[ [b Wjhef[bbe W kd WZkbje cWoeh [d bW FWdWc[# h_YWdW ikh" fWhhegk_W DWjWXk[# bW [d 7djed_e 7dj[ o [b ‘bj_ce [d 9^ehbWl‡$
>WijW [b 9[djhe Z[ :[j[dY_Œd Fhel_i_edWb Z[ ?XWhhW" 9:F#?" \k[ jhWibWZWZe kd ^ecXh[ Z[ )& W‹ei Z[ [ZWZ" gk_[d fh[ikdjW# c[dj[ [ij| WYkiWZe Z[b Z[b_je Z[ l_ebWY_Œd$ ;b ieif[Y^eie gk[ h[ifed# Z[ W bei decXh[i Z[ ;hd[ije F$" \k[ Z[j[d_Ze [d Gk_je bW jWhZ[ l_[hd[i" i[]‘d kdW \k[dj[ o \k[ jhW‡Ze feh W][dj[i Z[ bW Feb_Y‡W @kZ_Y_Wb Z[ ?cXWXkhW" F@$ I[ YedeY[ gk[ ieXh[ [b _cfb_# YWZe f[iWXW kdW ehZ[d Z[ YWf# jkhW l_][dj[ o gk[ \k[ [c_j_Ze feh [b @kp]WZe Fh_c[he Z[ =W# hWdj‡Wi F[dWb[i Z[ ?cXWXkhW$ ;b ^ecXh[ ^eo Z[X[h| h[ifedZ[h W bW `kij_Y_W feh [b Z[b_je Z[b gk[ i[ b[ _dlebkYhW$
ēŊ 1-#23.Ŋ ēĔŊ$4#Ŋ31 2+ " ".Ŋ' 23 Ŋ#+Ŋ #-31.Ŋ"#Ŋ #3#-!(¢-Ŋ 1.5(2(.Ĺ - +Ŋ"#Ŋ 11 ē
"ÄľÄ‰ÄŒÄŒÄ‰Ä‰Äľ (
. (# )ŋ*),ŋ-/*/ -. ŋ0#)& #š(ŋ
ŏ ŏ
ŏ
Ďć! ũćĎũ ũ ũĉćĈĉ
, 41 Ĕũ 1!'(
(-!+ēũ
Čćũ :
1#2ũ'#1(".2ũ#-ũ !!("#-3#
ũ - ,#1(! - ũ241Ĕũ 2#!3.1ũ"#ũ '.1+ 5~Ĕũ$4#ũ #+ũ#2!#- 1(.ũ".-"#ũ 8#1ũ!#1! ũ"#ũ+ 2ũ ćČĖĈćĔũ2#ũ1#%(231¢ũ4-ũ !'.04#ũ/.1ũ +! -!#ũ#-ı 31#ũ31#2ũ5#'~!4+.2ēũ .2ũ "#ũ+.2ũ!'.$#1#2ũ8ũ4- ũ ,4)#1ũ1#24+3 1.-ũ'#1(ı ".2ũ8ũ$4#1.-ũ 3#-"(".2ũ /.1ũ+.2ũ ., #1.2ēũũ -ũ !.-"4!3.1ũ$4#ũ"#3#-(".ũ / 1 ũ(-5#23(% !(.-#2ēũũ ;%(- ũ ĉĊ
-$.1,#ũ "#ũ+ .1#2
.2ũ"(1#!3(5.2ũ "#ũ+ ũ #"#1ı !(¢-ũ #/.13(ı 5 ũ"#+ũ 1!'(ũũ /1#2#-3 1.-ũ +.2ũ(-$.1,#2ũ "#ũ/1#2("#-!( Ĕũ 3_!-(!.ũ8ũăũ- -ı !(#1.ēũ ;%(- ũ ĈĎ
(#23 ũ 3+_3(! ũ
., 3#ũ +ũ- 1!.31;ăũ!.ũ (- !(.- +ũ
.+(!~ ũ"#ũ -3(- 1!¢3(!.2ũ"#ũ /( +#2Ĕũ .+., ( Ĕũ"#!.,(2¢ũĊĊĔćĎũ *(+.2ũ"#ũ 2#ũ"#ũ!.! ~- ēũ ũ"1.% ũ#23 ũ! ,4Ąũ " ũ#-ũ#+ũ .,/#1ũ"#ũ4- ũ! ,(.-#3 ũ8ũ/1#3#-"~ ũ(-%1#2 1ũ/.1ũ 4,(!' ! ũ ũ !4 ".1ēũ ;%(- ũ ĈĒ
ũ!.,/#3#-!( ũ"#ũ 3+#3(2,.ũ1# +(9 " ũ 8#1ũ#-ũ 1!404~Ĕũ !4,/+(¢ũ24ũ. )#3(5.Ĕũ ' !#1ũ04#ũ#+ũ"#/.13#ũ 1(++#ũ#-ũ+ 2ũăũ#23 2ũ "#+ũ -3¢-ēũ #1! ũĈććũ !.,/#3(".1#2ũ 24,(ı #1.-ũ#+ũ1#3.ũ#-ũ2(#3#ũ ! 3#%.1~ 2ēũ : ũ ĈČ